“Gentlemen, it’s come to our attention that every one who could pay to use our product is paying to use our product. Unfortunately, it also means we’re no longer growing infinitely like we promised the shareholders we would. How do we fix this?”
The infinite growth mindset is so fucking stupid. Like, you’re still making an insane amount of money, what’s the fucking problem?
Business people really are just monkeys chasing shiny things. They tend to be less developed emotionally and are often very insecure on top of the entitlement. All they have is the chase, nothing else.
The most useless degree a university can grant is one in business administration.
No. Money has to make money with those sweet sweet interested payments. It’s baked in the system. How else are you going to maintain a small elite of filthy rich people?
Ever more wealth must be constantly created in the World purelly to service the interest on all that debt out there otherwise you would get defaults and banks failing.
It’s not by chance that everywhere the “solution” for the 2008 Crash (that happenned due to over-indebtness mainly in the mortgage segment) was to lower interest rates to pretty much zero - it weakens the pressure on the entire system to constantly grow merelly to generate the additional wealth needed to pay the interest on the debt.
You’ll also notice that as soon as interest rates went up just a bit bank profits mssivelly grew.
Jesus Christ, can we leave things alone that aren’t infinitely growing
“Gentlemen, it’s come to our attention that every one who could pay to use our product is paying to use our product. Unfortunately, it also means we’re no longer growing infinitely like we promised the shareholders we would. How do we fix this?”
The infinite growth mindset is so fucking stupid. Like, you’re still making an insane amount of money, what’s the fucking problem?
Yup. Shareholders are the problem, who bought shares at price X and want to sell those shares at X+Y.
And they will do anything to get it.
Business people really are just monkeys chasing shiny things. They tend to be less developed emotionally and are often very insecure on top of the entitlement. All they have is the chase, nothing else.
The most useless degree a university can grant is one in business administration.
No. Money has to make money with those sweet sweet interested payments. It’s baked in the system. How else are you going to maintain a small elite of filthy rich people?
Ever more wealth must be constantly created in the World purelly to service the interest on all that debt out there otherwise you would get defaults and banks failing.
It’s not by chance that everywhere the “solution” for the 2008 Crash (that happenned due to over-indebtness mainly in the mortgage segment) was to lower interest rates to pretty much zero - it weakens the pressure on the entire system to constantly grow merelly to generate the additional wealth needed to pay the interest on the debt.
You’ll also notice that as soon as interest rates went up just a bit bank profits mssivelly grew.
This!
Well, there are demands unsatisfied as long as humanity exists, so there is always space for good growth.
Only that is about infrastructure, or housing, or food production. Not chat bots.