People buying loads if crap. Like seriously how many coats did your grandparents have in their adult life. Probably about the same you have in your closet right now, maybe less. Not to mention TV, phones, exotic food.
The housing market is fucked because land is undervalued.
Oil? (I might be wrong on this)
Somethings need to change but there are some things missed here.
Coats, and devices for that matter, used to be built to last and be repairable. But if your customerconsumer never needs to buy another product from you now that wouldn’t make much business sense would it?
It would if you stole everyone else’s business and that’s what businesses used to compete on.
But consumers want fast fashion. They want cheap clothing and it doesn’t matter if it only last 5 years instead of 30 because they are going to throw it out after 1 anyway.
Consumers have forced the hand of businesses in this case. People want cheap more than they want anything else.
Effects ofWW2
Immigration
Lack of training in general.
Offshoring.
People buying loads if crap. Like seriously how many coats did your grandparents have in their adult life. Probably about the same you have in your closet right now, maybe less. Not to mention TV, phones, exotic food.
The housing market is fucked because land is undervalued.
Oil? (I might be wrong on this)
Somethings need to change but there are some things missed here.
Coats, and devices for that matter, used to be built to last and be repairable. But if your
customerconsumer never needs to buy another product from you now that wouldn’t make much business sense would it?It would if you stole everyone else’s business and that’s what businesses used to compete on.
But consumers want fast fashion. They want cheap clothing and it doesn’t matter if it only last 5 years instead of 30 because they are going to throw it out after 1 anyway.
Consumers have forced the hand of businesses in this case. People want cheap more than they want anything else.