The name "grapefruit" always seemed a little puzzling when compared with grapes, and it seems nobody is quite sure how the name got started, only that it is from Barbados. One interesting theory is that it is named after the "sea grape", the only kind that grew in that time and place, which has a bitter taste.
Agree. Hindsight is 20/20. A conservative CEO who pulls back and doesn't lean into a growth cycle will be criticized even more for leaving money on the table.
Whether the entire economy should be structured to incenivize all this instability is a separate question. Don't hate the player, hate the game!
Some consider the emphasis on hard work and striving for its own sake to be less a default or inevitable value as an arbitrary confluence of history and Protestant/Calvinist doctrine.
One of Max Weber's theories is that working ever harder for more material gain once basic needs are met is not a universal part of human nature but more a cultural artifact of a certain time and place.
Not a message usually impressed upon us these days.
"In other words, the record business became the only entertainment industry in the world with no plan for technological innovation."
Hasn't this been true since people started listening to the radio instead of buying sheet music? Who can be surprised at the cluelessness and intransigence of the music industry after 100+ years of the same? They were so busy fighting digital music, seemingly with the ridiculous pretense they could stop it altogether, they let spotify come in and take a big piece of the pie they could have kept for themselves.
There's something to be said about the corporate imagination when they can't even envision a VR shopping experience without a massive parking with zero utility.
A shoulder mounted anti-tank rocket was once turned over at a gun buyback in San Francisco:
https://abc7news.com/san-francisco-gun-buyback-bazooka-guns/...
I think it is probably worth a lot of taxpayer money to get that off the streets.
More broadly, without wading into 2nd amendment arguments and just viewed as a public health issue, it seems possible that fewer guns in the general population equals fewer gun deaths. Whether these buybacks make any dent at all is a different question - one that would likely be easier to answer if political pressure hadn't halted government studies of gun safety
https://www.npr.org/2018/04/05/599773911/how-the-nra-worked-...
Some have argued in the past that a large part of the economy is money laundering for Russian oligarchs - hence the pejorative "Londongrad" nickname. Might a slowdown of this activity be affecting the economy as well?