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1970-01-01

I think Walmart is too big to fail at this point. If the gold standard for brick and mortar 'low prices' needs some restructuring, then it's time for the house of straw economy to finally see the big bad wolf and go running for the hills.

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Walmart will just raise prices and their customers will eat the increased prices through reduced purchasing power or going without, while complaining but doing nothing else (because they have no leverage to do otherwise).

https://www.businessinsider.com/walmart-price-increases-item... | https://archive.today/4Kcqf

or those same customers may elect the next, even-more-extreme, ill-informed idiotic wingnut that comes along with a pat theory about bringing industry back on-shore in 4 years by tossing out foreigners/applying ludicrous tariffs/whatever... increased prices affect politics - which affects everything.

Probably, not much you can do with people who have a vote but nothing else. All you can do is migrate to more functional governance systems. Let them eat vibes, the evidence is robust that mental models are rigid and even in the face of overwhelming evidence, people can be bought into belief systems that cannot be updated based on facts, data, and evidence.

fair!

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