This is nothing particularly new, but the size of it is astounding.
Amazon, Twitter, JB Hifi and Groupon may be worth billions but their profit margins are tiny
How many people today live in paper castles? How many people have their entire lives supported on the back of non-existent wealth? How much of a shock would it really take for these companies to go from being enormous entities that are making little money to being enormous entities that are making enormous losses?
What happens to the world when all these emperors are found to be naked?
Amazon, Twitter, JB Hifi and Groupon may be worth billions but their profit margins are tiny
How many people today live in paper castles? How many people have their entire lives supported on the back of non-existent wealth? How much of a shock would it really take for these companies to go from being enormous entities that are making little money to being enormous entities that are making enormous losses?
What happens to the world when all these emperors are found to be naked?
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