The Amazon model of running the suggested core business at a loss with government and investment banking subsidies to destroy competition is working. Record retailers are being bankrupted as the push for less options, and Globalism increases. For some reason they are allowed to undercut prices, selling at a loss each time but run this model indefinitely. Why? Because eventually they will be able to up the price once every one else is bankrupt. They are on track.
Citing debt Nine West reveals a 1.9 billion restructuring of debt, that free money added up and smart people see the writing on the wall as interest’s rates move up. It will not take too much of a push to put so many of these debt laden companies out of business with the Globalist companies sitting proudly over the demise of competition. My argument is that Bezos is not some genius mastermind he simply has access to the Free money tree that no one else does. 2017 was the leading year from retail bankruptcy and Amazon is arguably the biggest reason why. But the disease of this e-commerce and Globalist approach has taken a toll on Western culture. Kids stop interacting. Are forced consumerism and absurd ideologies 24/7 on their computer screens and phones through media. I am no fan of consumerism, but that is the culture of America. At least in the past there was a mall, the meeting place. People used to enjoy going to the mall and shopping a little and socializing. It was designed as a social adult playground. Now it was destined to fail as it was actually about consumerism and thus just a shallow manipulation, but it at least attempted to keep people busy and excited about seeing other people and mixing within the community. There are people lamenting this loss. Kids now stare profoundly dumbfounded at smartphones worrying about likes from photos and believing in actual oxymorons like diversity is strength. We live in a world that does not want competition. A world that is controlled by technocrats