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this post was submitted on 20 Jun 2024
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For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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Surprise, surprise. Bank who wants infinite growth of stock prices tells companies to lower costs to be more competitive. Guess where that will come from?
Either quality or labor costs. It isn't coming from the CEO's pockets.
The car industry execs should be laughing their heads off at naive bank execs assuming they know more about it than the car execs. Don't they think the car execs already know what the risk and competitive nature of their own business.
Guess what bankers, this is how you produce positive growth in a real productive industry, and its risky business. Instead the bankers prescription assumes managed decline.
It's like that new guy at work who constantly tells everyone about 'hacks' only they've discovered, when everybody already knows about them.