Milkshake Sniffer
kiwifarms.net
- Joined
- Aug 12, 2020
It's worse than that. Ahmed throws in "capital owners" just like all the muh capitalism 'tards. Capital owners are not making those decisions. When Disney, Sony, Blackrock and all the others make those decisions it's senior officers of the company and board members making decisions about other people's money (capital), whether shareholders or investors in funds and pensions. The poor smucks who actually own the capital have no say in the matter. In theory the decision makers have their fiduciary duty to the actual owners/investors but that's rarely enforced.View attachment 6476221
So, the concept of malinvestment seems to have been left out of Ahmad's economic education.
https://en.wikipedia.org/wiki/Malinvestment
What this means is that investors, in this case investors who had a lot of pro-woke bias, had a lot of cheap money to invest all over the place. It was so much money that they didn't vet their investments very well. Recently, the money supply tightened, so they can't just throw more cheap money at bad investments and the investments they do have which are failing has turned into a big problem for the gaming industry.
It didn't have to be woke it could have been any number of bad trends that attracted this malinvestment. However, in this case it was the woke stuff that got the investment dollars. Woke, however, had the advantage of pro-woke evangelists talking up the investments. Also, the pro-woke people are still in place at the investment firms, they just have less money to invest and have to worry more about projects being profitable.