Re:Bye, Amazon
by alharith on Monday May 04, 2020 @10:47AM
(#23068697)
I somehow knew this would be the first comment. Unfortunately, for these industries, where you sell real goods at affordable prices (not over-inflated fantasyland prices to your "enterprise" customers) margins are razor thin. This is the sector of the economy that has been YoY consistently left behind since the Bush-Oil eras drove prices sky high. Trying my best not trying to sound snooty, but again this shows once more that the majority of people here really haven't ran a business like this.
[ Parent
| on HN ]
> margins are razor thin.
I never said this wasn't the case. Clearly, entire industries are fundamentally underappreciated. Or, other industries are way overappreciated. Our system ends up overvaluing a few guys sat in an office who squeeze the last ounce of fantasy numbers out of stock tickers, and undervaluing everyone else.
> left behind since the Bush-Oil eras drove prices sky high.
Sadly, this issue is not limited to the US.