Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of MacroBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of MacroBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Personal Finance / Macroeconomic Trends & Risks
Unthreaded | Threaded | Whole Thread (10) |
Author: WatchingTheHerd   😊 😞
Number: of 4460 
Subject: Re: How Dey Do Dat?
Date: 06/22/24 11:25 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 14
The scale of this industrial behemoth, having come into existence just 30 years ago is/was just amazing. (No great point here, just wanted to tell somebody the story.)

---------------------

There IS a great point to make here... The US has utterly failed in enforcing anti-trust regulations for the past forty years. The last key trust-busting effort was the AT&T breakup that took effect in 1984 but had legal roots dating back to 1974. And think of what that breakup did... It broke the monopoloy that ignored newer packet switching technologies in favor of existing time-division multiplexing technologies. It spurred investment in fiber technologies that began pushing their way from the long-distance cores of telecom networks to the edge, increasing customer bit rates far beyond what copper twisted pair and T1 circuits could provide. In short, it triggered a change in markets from a world of $0.44/minute long distance to one where nationwide free long-distance is the norm and even international phone calls can be made over IP networks for free.

The RBOCs were still deluded as recently as the early 1990s that ISDN was state of the art networking technology. "We'll bond TWO 64,000 bits/sec channels together and give you... wait for it... 128,000 bits/sec. Oooooooh."

There is no way a properly functioning economy and a properly functioning judiciary should have allowed Amazon to reach even half its current size in the retailing and distribution of so many products in so many sectors. Its current size provides an illusion of choice but a reality consisting of a world where many of the goods sold are cheap throwaways driving worthless returns that get tossed into landfills or serve their purpose for a few months and still wind up in the landfill. Amazon uses its sales insights to identify products it can make on its own after someone else proves the viability then drives the originator out of business. The very definition of monopolistic abuse of market power.


WTH
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to WatchingTheHerd here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 4,454 posts about Macroeconomic Trends & Risks. The article-length ones it recommended most:
AI Tarpits · 36 recs · 2026
End of an era - profit slowdown · 36 recs · 2023
Control Panel: Trend changes in 2026 · 34 recs · 2026
From the Oregon Bay Area (a blogger) · 33 recs · 2025
Lerner Symmetry Theorem · 32 recs · 2025
Unthreaded | Threaded | Whole Thread (10) |


Announcements
Macroeconomic Trends & Risks FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Macro | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community