Do most Americans realize companies are getting wiped out on a weekly basis now?

[JasonBoxing]

I'm in the financial industry, so we talk about this all the time. But companies large and small, historical giants and mom/pop shops are now declaring BK on a weekly basis on a level that we haven't seen since the GREAT DEPRESSION.

The latest giant to go down is Sears/KMART. Shyt is surreal.

I don't think the average American is paying attention, but if you look back just 6 months, Toys R US AND SEARS have now gone under.

[Eff Pandas]

The end game of capitalism is one company or a handful of companies that own a ton of smaller companies. This is no surprise.

[Motorcity Cobra]

Those companies were dinosaurs tho. They never modernized.

[ShoulderRoll]

The end game of capitalism is one company or a handful of companies that own a ton of smaller companies. This is no surprise.

Anti-trust laws were designed to prevent that from happening. Capitalism is healthier when there is more competition not less.

This is a warning sign that things aren't right.

[Eff Pandas]

Anti-trust laws were designed to prevent that from happening. Capitalism is healthier when there is more competition not less.

This is a warning sign that things aren't right.

Solid point. Just like communism has never truly been tried I'm not sure capitalism has truly been tried. Hybrids of both seem to be what we have been trying.

That said idk that you could truly do either of those extremes without some outcomes that would be problems for most of society. Like true capitalism breeds money as a god & ultimately that means some people will suffer greatly, more than now even. And true communism breeds equality as a god & ultimately we aren't all equal despite what religions or other bs might have us wanna believe so the most successful of people would suffer greatly & the society & world at large would suffer, without knowing it, as those great people's greatest projects wouldn't exist in some cases. So a hybrid model of these current most talked about economic systems are probably the best most even versions people even wanna see to be real.

[Luilun]

Those Companies were dying under Obama and are down sizing under Trump. The real problem why these companies are going broke it’s because of Amazon . Most people and even myself buy products online. Let’s face it you can get better deals online. I can buy a pair of Jeans, vitamins or what ever at a better deal going through amazon .

[flipbjefrox]

It’s because most Americans just look at the Dow to decide whether the enocmy is doing well or not

[Sugar Adam Ali]

Lmao..


You’re in “financials” and are shocked that toysrus and sears are bankrupt.

You should rethink your career choice

[Sugar Adam Ali]

Anti-trust laws were designed to prevent that from happening. Capitalism is healthier when there is more competition not less.

This is a warning sign that things aren't right.

Yes anti trust laws have been super lax for the past 35 years or so.

[Don Pichardo]

Them corporate tax cuts doe