Originally posted by drob1984
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Its too complex for most people to understand let alone manage so they ignore it.
Every company in the world (apart from Apple when under Steve Jobs) is terrified of share holders and so only do things that look good in a quarter benefit the figures.
We have a bubble of old sods growing that in turn have an insatiable pension appetite.
The venture funds compounded the issue by inventing the concept of using leverage funds to buy companies and then dumping their debt back to the victim in the form of a massive debt that could be used to write off tax. So far that stupidity has created a whole mass of companies that do nothing apart from service a debt to a bank and then pay share holders.
Asking not to use the cheap bob from the nearest boat or provide quality materials in the products we buy is mostly pointless now because every penny goes to the shareholders the banks or the bonuses of the fat old ******* at the top of this scheme.
The most terrifying thing is a growing idea that the boomers might skip the next generation and hand the mess over to the snowflakes as they know they are just as selfish and self-righteous as the boomers and clueless to boot.
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