Target profit plunges 90% as inflation-weary shoppers pull back
www.cnn.com
Target reported profit plunged 90% in the second quarter, falling far short of expectations, as inflation-weary customers pulled back on spending on nonessential items.

Like this is a genuine question for me. There seems to be some lack of awareness on the part of the people who make decisions that a consumers need to have money to consume with or the whole system siezes like an engine with no grease. The plebes need to be given back some share of profits so they can continue to purchase stuff and keep the whole system from breaking down.

  • JoeByeThen [he/him, they/them]
    ·
    2 years ago

    Recessions allow capitalists to gobble up what little property the proles have accumulated while governments bail out corporations who suffer. Watch, there's gonna be quantative easing and bailouts and subsidies and shit while the people suffer.