Re:Amazon Grows to over 750k Robots, Replacing 100k Humans
by JumpCrisscross on Monday April 22, 2024 @09:37AM
(#40114224)
> thought Amazon was a public company, not private
Parks, libraries and military bases are publicly owned. Amazon is a private company whose shares are publicly traded.
> since supply and demand is dead
This is wrong.
> so that DTCC (Depository Trust and Clearing Corporation) and Cede & Co do not hold all the assets for retail in street name to then bankrupt and collect all the assets
This is nonsense. (For starters, not how bankruptcy works.)
> Maybe I missed something
Mankiw’s Principles of Economics is a well-regarded introductory text [1].
Parks, libraries and military bases are publicly owned. Amazon is a private company whose shares are publicly traded.
> since supply and demand is dead
This is wrong.
> so that DTCC (Depository Trust and Clearing Corporation) and Cede & Co do not hold all the assets for retail in street name to then bankrupt and collect all the assets
This is nonsense. (For starters, not how bankruptcy works.)
> Maybe I missed something
Mankiw’s Principles of Economics is a well-regarded introductory text [1].
[1] https://en.m.wikipedia.org/wiki/Principles_of_Economics_(Man...