Comments by "David Himmelsbach" (@davidhimmelsbach557) on "The Sh*tification Of Everything" video.

  1. Nicole, you're looking straight at FINANCIALIZATION. This modern scheme is to extract as much value out of EVERYTHING to boost the returns posted to Wall Street. Leverage on the corporate balance sheet is ALWAYS taken too far. Hertz is but one, yet classic, example. On paper, it really looked sweet to the C-suite (at Hertz) to really, really leverage up -- risk be damned -- so that paper-based-logic would cause the stock to be perceived to be ever more valuable -- and thus -- pay off huge for the C-suite players. (Their options packages) It, Hertz, imploded of course. It didn't help that these very same Big Brains swallowed, whole, the Harris-Biden schtick about EVs as rentals. (EVs are strictly a machine for URBAN travel, of course. So, you're on the road, living at a motel for four-days. Where, exactly, can you plug in? Nowhere! Even Hertz had no provision for recharging their EVs. To do so, Hertz would have to spend $150,000 per location -- as the typical location is AT THE AIRPORT. It was all set up entirely without any provision for pumping Big Watts to a site far from the terminal. In the ENTIRE EV scheme, it was always anticipated that some-other-party would provide the juice -- basically for free. ) The same Big Brain scheme ran crazy at General Electric -- a late comer to the banking industry. The Big Brains up in the C-suite sold off all of GE's jewels so as to boost the stock's trend. In pretty short order, GE was kicked out of the Dow-Jones. Now that really takes Big Thinking. It went from a giant in industry to a small-time lender in the credit card market... losing its patent wall in the process. Here's a Big Idea: When your own business sector is so huge that you experience the ebb and surge of the business cycle -- and your stuff is ALL commoditized -- then you CAN'T impose risk from up above -- from the balance sheet structure, itself. Yet, once his is done, management then has to spend ALL of its energies on shaving cost and quality -- milking the corporation's prior reputation for solid end-user experiences. The C-suite has LOOTED its own assets -- converting them to Big Paydays. Of late, this Big Brain scheme has rolled over the CCP, and the Panamanian elites. It's now public. Its president utterly trampled the Canal contract -- to cash out with Beijing -- EXACTLY what the contract prohibited. You should expect Trump to re-establish the Panama Canal Zone -- as if Carter never existed. The idea that Red China is not in control of the Canal is ludicrous. Controlling ports, canals, etc. is the Big Scheme of Xi. He's been doing it on a global scale. Duh. Selling off the economic jugular of their nation makes perfect sense to the Grifters in Charge.
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