As we enter into a global depression, businesses like Walmart, McDonald’s and Amazon are set to emerge even bigger than before. Here’s why…
Josh Sigurdson reports on the strange case of monopolies utilizing the recent crisis to their advantage with a little help from their friend and ally, the government.
While the stock market crashes and we enter into a global depression, businesses like Walmart, McDonald’s and Amazon are set to come out of this situation even bigger than before. Why? Because people are obsessively buying out of fear, while the small business competition is being completely cut out of the market for arbitrary reasons.
For example, a grocery store called Food Fare in Winnipeg, Canada is told to close apparently due to their small aisles, but Walmart can be filled with thousands of people.
All the while, in the United States, many big businesses are trying to get their hands on the massive bailout for small businesses.
This perfectly fits the market fundamentals of what happens when government props up corporations by the hand of regulations and taxation. We break this down in this video.
Stay tuned as we continue to cover this issue!