• Awoo [she/her]@hexbear.net
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      2 months ago

      Right? What is being missed here is that if unemployment soars then huge swathes of businesses also collapse. Profits don’t go soaring if there’s nobody buying shit.

    • D61 [any]@hexbear.net
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      2 months ago

      The “profits” aren’t coming from “sales”, the “profits” are coming from “investors”.

    • DragonBallZinn [he/him, they/them]@hexbear.net
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      2 months ago

      The pigs usually have this idea “silly poors, us rich people will do ALL the consumer spending to prop up the economy for you! You’re just not needed anymore!”

      And they STILL keep saving money like they’re broke college students.

      In their ideal world the rich, the Protagonists of RealityTM will just sell to each other and billions of people will starve to death as they’re not needed.

    • Having users is an unpleasant business. They make you scale your product, they cost money to sell to and always complain about not having enough. Now, investors? Those guys are great. You give them a pitch and a slideshow and they’ll throw millions at you. Once you try your series A funds, just IPO, then market to the public and get them to buy your stock. The big investors see the stock go up and buy, and the retail investors see big investments so they buy. Eliminates all kinds of hassle.