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8 days agoIt really was a waste of an article. I think I am dumber for having read it. It failed to provide any real information on what was seen preceeding the dotcom bust. Just some super generalizations of no value.
Also, it refers to these mythical investors who supposedly think about earning potential and all that. Most really don’t. They invest because they think the stock will go up. And usually that has more to do with if they think others will buy it than the Financials of the company. SpaceX is a great example of that.
They don’t have to ban imports, just control WHO can import. And as long as those companies are jnder their thumb, they can control which consumers can have what.
On the damage side. Personal purchases of components pales in comparison to commercial. So they could live with damage to the personal sector. And of course it will make a whole new way for the to extract profit via yet another middle man.