Comments by "TheSuperappelflap" (@TheSuperappelflap) on "" video.

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  2. The answer is simple. Corruption. Perverse incentives of capitalism. Companies can own more money by building machines with planned obsolescence instead of building things that last. I have equipment from the 80s thats still running and if it breaks i can replace the carbon brushes in the servos myself. Buy modern equipment, its all made of plastic and breaks in a couple years, then you gotta go buy a new one. The EU just passed a law requiring manufacturers to have spare parts for years after a model is doscontinued and provide them to 3rd party sellers and customers. 20 years too late, but its something. Same with the bridge example. The town could have the bridge painted, for ten thousand to a couple hundred thousand, depending on how big it is. Or, the administration can wait for it to collapse, then award a contract to a construction company for millions and get kickbacks to fund their next campaign for office. Same with stocks. Banks get free money from the corrupt government. Invest it in stocks, bonds, real estate, anything they can buy, because they have too much free money and they understand how inflation works. So, companies start going public simply to cash in on the free money. As South Park said it, start up, sell out, cash in, bro down. Everyone understands this economic model isnt feasible on the long term, and the USA has been bankrupt for decades, so short term profit is all that matters. Then you diversify your portfolio by exporting your money overseas. Meaning the government, and therefore the tax payer, is paying for all the private islands, superyachts, vacation homes, private jets, etc.
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