Uh, it's been coined for decades now.
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joined 2 years ago
Literally mythical man month
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Interest rates rose above 0% for the first time in a decade and suddenly profit became more important than growth.
Edit: actually I'm wrong and it's more complicated than that, but in essence the era of free money came to an end. Interest rates were increasing before 2020 in very gradual increments, but then went to zero, also accompanied by a lot of money being injected into the system.
https://www.macrotrends.net/2015/fed-funds-rate-historical-chart
So the sudden change at the end of the chart is what caused the regime change driving the trend of growth-driven companies trying to generate a profit - many not having a clue how to do it because they've never done it before.
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I guess Reuters installed countermeasures for archive.today. thanks!
Edit: The below is not correct, looks like Reuters has an anti-bypass in place for the archive.
The article is one sentence which doesn't add anything to the headline, in case the paywall tempted you.
Attempts to suppress knowledge of jury nullification are unfortunately also a long established tradition.
Edit: grammar
Lol @ 115V with my 3kW kettle.
If I could get a 3-phase kettle I would do it.
Still featuring daily on adviceanimals
Ha ha Darién Gap
Nokia sealed their fate when they spent $8bn on NavTeq. Switching to Android would have made the purchase valueless, and the people responsible for the acquisition were still in charge.