this post was submitted on 05 Sep 2024
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The rule is ghat they need to make more money than the year before. A company that need to make money and does would not be an issue. But a company that needs to make more and more each year is the disease.
This whole idea of infinite growth is so fucking stupid because it's just not possible.
Nothing grows infinitely. It's a complete denial of reality, and because businesses refuse to accept the idea they cannot infinitely grow, we end with no plans for periods of no growth, which ends up in layoffs and the poorest getting fucked while the morons demanding infinite growth take all the money and try and do it again somewhere else.
They didn't need to grow. Current Wallsteet calculation is margin % + growth % => 40%