• 1 Post
  • 108 Comments
Joined 1 year ago
cake
Cake day: July 25th, 2023

help-circle








  • Canada has a huge competition problem and the liberals and conservatives are too corrupt to change anything about this. We have 3 grocery company and 3 telecom providers that both fix prices so fuxking high, and the government keeps giving them subsidies aka free money. I really hope one day a government with some balls will get elected and decide to force these companies to split up. I promise to myself that if I ever get enough money, I would start a telecom company and sell plans at cost + a fixed margin, just to hurt the big players. This happened in France 20 years ago with Free, they basically had the same situation as we have here, and they came up with a plan that was still profitable but was wayyy less expensive than the competition. Of course the big players tried suing Free but they lost and now France has among the lowest telecom prices for developed countries





  • The real answer is no one. They will quickly realize that at the root of the economy are the regular people, and since the economy is a cycle, when you cut off a part, the cycle doesn’t work anymore.

    People (doomers) here are saying businesses and rich people will, but this can only, work for a limited time, because either the products will shoot up in price since only the rich can afford them, or the businesses won’t be able to sell their products, so they can’t buy new things, which means no more revenue to the shareholders.

    Think of all the companies that live from b2b models, when you look closer, they are all at some the suppliers of b2c businesses, except, maybe military companies. That company that makes the lithography machines (asml) only sells to other businesses such as tsmc. Tsmc also only sells to other businesses, but they sell to businesses that sell to consumers.