this post was submitted on 01 May 2024
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This is what many economists were talking about how broken the system is now. MBA's are expecting short term growth to increase infinitely, which is impossible, so you start cannibalizing more and more profitable sectors of your business until you can no longer make anything with what you have left because you gave up yearly profits of billions for quarterly growth that is unsustainable.
I wouldn't have expected video games to be the first industry to start the fall.