But Target’s stock went on a nine-day losing streak and hit a three-year low this week because of broader changes in the US economy, the possibility of a recession, and Target’s over-exposure to discretionary merchandise, according to corporate executives and retail and investment analysts.
Wait, I'm confused now. I thought the economy was amazing, there was no chance of a recession and people had tons of discretionary money. That's what the White House says, and CNN/MSNBC/etc. keep telling me to listen to Biden and not believe my lying eyes. Which is it?
You're more accurate than you think. The economy being in a superposition state of both good and bad is actually the situation we're in.
The financial economy (which is what our over-financialized economy is based on) is being pumped up to look good, but as a result is on the verge of collapse; meanwhile the real economy is basically stagnant at best.
I think what they are trying to say is that Target is too dependent on sales, and should be propped up by financial investment from hedge funds instead. You know, like Buzzfeed was.
The more they financialize, the bigger the collapse is going to be.
The idea that the economy is in good shape is fucking laughable. The best I can say is that there are a lot more people now that think it's just begun to stabilize. Not that it's good, but that it's stopped getting worse.
Yes, I am warning those people when I can.
These people on the had that keep spewing this shit are so distant from physical reality it's impossible to even communicate with them.
Or how about you stop catering to a tiny percentage at the expense of regular people. Lgbt is a niche market. If you want to market to them then by all means do so but pushing this on the vast majority of people doesn’t work.
True, I mean gay people drink beer too. I guess the big issue was the stupid marketing director and I can also understand people getting tired of the constant pandering to a small percentage of the population as well as the massive over representation of lgbt in everything. The marketing director sounded just like all these raging feminists who get a hold of some classic IP and craps all over it.
Wait, I'm confused now. I thought the economy was amazing, there was no chance of a recession and people had tons of discretionary money. That's what the White House says, and CNN/MSNBC/etc. keep telling me to listen to Biden and not believe my lying eyes. Which is it?
Asking a leftist economist to stay coherent 😂
Schrodinger's economy.
It is both thriving and failing whenever convenient.
This is nice and works for a lot of stuff. Schroedinger's Threat to Democracy.
[One election season passes]
You're more accurate than you think. The economy being in a superposition state of both good and bad is actually the situation we're in.
The financial economy (which is what our over-financialized economy is based on) is being pumped up to look good, but as a result is on the verge of collapse; meanwhile the real economy is basically stagnant at best.
I think what they are trying to say is that Target is too dependent on sales, and should be propped up by financial investment from hedge funds instead. You know, like Buzzfeed was.
The more they financialize, the bigger the collapse is going to be.
The idea that the economy is in good shape is fucking laughable. The best I can say is that there are a lot more people now that think it's just begun to stabilize. Not that it's good, but that it's stopped getting worse.
Yes, I am warning those people when I can.
These people on the had that keep spewing this shit are so distant from physical reality it's impossible to even communicate with them.
Or how about you stop catering to a tiny percentage at the expense of regular people. Lgbt is a niche market. If you want to market to them then by all means do so but pushing this on the vast majority of people doesn’t work.
Bud was putting signs in gay bars for years, and no one GAF.
They could even sponsor Pride in the generic corporate sense.
True, I mean gay people drink beer too. I guess the big issue was the stupid marketing director and I can also understand people getting tired of the constant pandering to a small percentage of the population as well as the massive over representation of lgbt in everything. The marketing director sounded just like all these raging feminists who get a hold of some classic IP and craps all over it.