Massive List of Businesses that have failed to generate sufficient revenue from operations to cover even the interest on their loans for the past three years.
😂😂 Excellent analysis, but that will NEVER happen.
Economic stability? Sustainability? Hon, those are concepts for the plebes who think they’re important and that the world is limited. The name of the REAL game is musical chairs. Make sure the contest is rigged to beggar your neighbors ( customers, competitors, employees, stock holders), in order to insure that you always have a seat when the music stops. Shareholders last, of course, because they’re the cash cows, and they don’t really care anyway as long as they’re making good money on the way up. Most never see the end coming, and when they do, so what? The boyz and girlz at the top have already gotten theirs, the shareholders had the perpetually escalating profits they demanded, and what’cha gonna doaboudit anyway, suckers??
It seems that entrepreneurs who have larger businesses tend to be serial entrepreneurs, and characteristic of their thought is “there’s always a new frontier over the horizon”. The concept of limits isn’t part of their psychological makeup. So when one company goes bust, no problem, they’ve wrung whatever they can get out of it, anyway, and they’ll just move on. The number of fish in the sea is unlimited. Even the obvious collapse of entire ecosystems, like the Grand Banks cod fishery breaking, matters not because they just move on to wiping out whole populations of lesser fish. That’s an analogy for how serial entrepreneurs just shrug when big, profitable companies go under, take their profits and move on to hunt for smaller new companies to prey upon.
Share buybacks are just one good technique for fattening companies for slaughter as much and as quickly as possible, so they look great to prospective shareholders who want quick growth and high returns (seeing how both sides are guilty of creating the problem
together?). The spectacular growth generally fools investors and the rest of us into thinking there’s a real economic engine there, which there well may be - for a while. But with each increment of success, and especially before the final, spectacular surge (which may take place over a period of years), the execs are eating away at the corporate financial foundations like termites, siphoning off wealth that could, and should, have gone into creating stability and sustainability. But why sustain when you can exploit for bigger, quicker gains and always move on?
To the insatiable, self-aggrandizing adrenalin junkies who rise to the top, sustainability and stability are BORING when the REAL fun and money are to both be made by predatory corporation-hopping. And with no concepts of empathy, limits, interconnectedness or just good old-fashioned self-control or respect for others to constrain them, wha’s the problem? They genuinely think they’re doing the rest of us, especially the shareholders, a huge FAVOR, and they ought to be rewarded for that! Thinking in the long term is for suckers and losers. It’s all about the next quarter, baby! Making the books look good and pleasing them shareholders, who expect nothing but share prices going up, up, up every time they look at their stock account. If stocks didn’t constantly reward, investors would go back to buying safe and boring old bonds, and where’s the entrepreneurial opportunity in that??
So, put on the spectacular show today, reward and fatten your investor cattle
before slaughter, then grab the money and say “Adios!” before the suckers catch on. Wash your hands of the problems you’ve caused by retreating to your 7,000 square foot luxury log cabin in Montana or Idaho. Or your villa in France or Mexico. And don’t worry, it will never end. Or if it does, you’re prepped and will have no problem finding plenty of survivors ready and willing to serve you and look up to you as their hero for distributing your crusts of bread after the collapse happens.
😂😂 Excellent analysis, but that will NEVER happen.
Economic stability? Sustainability? Hon, those are concepts for the plebes who think they’re important and that the world is limited. The name of the REAL game is musical chairs. Make sure the contest is rigged to beggar your neighbors ( customers, competitors, employees, stock holders), in order to insure that you always have a seat when the music stops. Shareholders last, of course, because they’re the cash cows, and they don’t really care anyway as long as they’re making good money on the way up. Most never see the end coming, and when they do, so what? The boyz and girlz at the top have already gotten theirs, the shareholders had the perpetually escalating profits they demanded, and what’cha gonna doaboudit anyway, suckers??
It seems that entrepreneurs who have larger businesses tend to be serial entrepreneurs, and characteristic of their thought is “there’s always a new frontier over the horizon”. The concept of limits isn’t part of their psychological makeup. So when one company goes bust, no problem, they’ve wrung whatever they can get out of it, anyway, and they’ll just move on. The number of fish in the sea is unlimited. Even the obvious collapse of entire ecosystems, like the Grand Banks cod fishery breaking, matters not because they just move on to wiping out whole populations of lesser fish. That’s an analogy for how serial entrepreneurs just shrug when big, profitable companies go under, take their profits and move on to hunt for smaller new companies to prey upon.
Share buybacks are just one good technique for fattening companies for slaughter as much and as quickly as possible, so they look great to prospective shareholders who want quick growth and high returns (seeing how both sides are guilty of creating the problem
together?). The spectacular growth generally fools investors and the rest of us into thinking there’s a real economic engine there, which there well may be - for a while. But with each increment of success, and especially before the final, spectacular surge (which may take place over a period of years), the execs are eating away at the corporate financial foundations like termites, siphoning off wealth that could, and should, have gone into creating stability and sustainability. But why sustain when you can exploit for bigger, quicker gains and always move on?
To the insatiable, self-aggrandizing adrenalin junkies who rise to the top, sustainability and stability are BORING when the REAL fun and money are to both be made by predatory corporation-hopping. And with no concepts of empathy, limits, interconnectedness or just good old-fashioned self-control or respect for others to constrain them, wha’s the problem? They genuinely think they’re doing the rest of us, especially the shareholders, a huge FAVOR, and they ought to be rewarded for that! Thinking in the long term is for suckers and losers. It’s all about the next quarter, baby! Making the books look good and pleasing them shareholders, who expect nothing but share prices going up, up, up every time they look at their stock account. If stocks didn’t constantly reward, investors would go back to buying safe and boring old bonds, and where’s the entrepreneurial opportunity in that??
So, put on the spectacular show today, reward and fatten your investor cattle
before slaughter, then grab the money and say “Adios!” before the suckers catch on. Wash your hands of the problems you’ve caused by retreating to your 7,000 square foot luxury log cabin in Montana or Idaho. Or your villa in France or Mexico. And don’t worry, it will never end. Or if it does, you’re prepped and will have no problem finding plenty of survivors ready and willing to serve you and look up to you as their hero for distributing your crusts of bread after the collapse happens.
So you’re saying you see a problem with this? 🤔