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WeWork - the mineshaft's canary for big cities
5 years ago
https://youtu.be/uV0GiKfHx2Q
I don't love all this channel's content, but his videos focusing on business research are pretty fantastic. This particular company is also kind of amusing, especially given the owner is basically a startup company equivilant of Tommy Wiseau.
Anyhooo, the following comments are running on the assumption that you watch the above video. I'm going to skip doing a recap of found content therein, so if you miss a beat: go watch the video.
Being said...
Companies are being forced to adapt to this unreasonably extended STAY HOME STAY SAFE bullshit. It should have lasted only a month, and we've already had a full quarter of this nonsense. And with companies UNABLE to return to work because it's illegal? Well ... they're gonna work around it.
...
And the way they're gonna work around it is to close down the downtown office. Once they realize they don't have to pay for that office overhead space, they won't come back. And with 3 months of doing this? You bet your ass a lot of them have realized they don't have to come back.
...
Especially given that these cities are hellholes full of rioters who will burn down your buildings, rat infestations (like Baltimore), general violent crime rates (like Chicago's infamous summer of more murders than iraqi war soldier deaths), public defecation (San Fran's one of the highest in the country), high homelessness rates, etc etc etc ... well, it's not like the people will be missing traveling into these filthy cities (other than for the good food in hellaciously overpriced restaurants).
That's the problem with politicians and leftists = the absurd disconnect from how reality works (evidenced by "if we tax big businesses, the businesses will pay those taxes") has them thinking that people will return to the big cities after this is all over and done with.
...
It won't!
So, ironically the big city leftists who wanted to destroy the economy to undermine Trump's campaign? Well ... they're destroying their own big cities. And soon all of them will end up like Detroit.
Really, this does have precedent. Suburbs were basically the result of the automobile. When people could drive to work they didn't have to live right next to the factory ... so they didn't.
So yeah, back to journal title ... A month or two ago I said that this indefinite lockdown will destroy the big cities. WeWork is the canary in the mineshaft - they've ran out of oxygen and they're dying. The rest of the big cities will follow shortly since they don't know that they should change course.
I don't love all this channel's content, but his videos focusing on business research are pretty fantastic. This particular company is also kind of amusing, especially given the owner is basically a startup company equivilant of Tommy Wiseau.
Anyhooo, the following comments are running on the assumption that you watch the above video. I'm going to skip doing a recap of found content therein, so if you miss a beat: go watch the video.
Being said...
Companies are being forced to adapt to this unreasonably extended STAY HOME STAY SAFE bullshit. It should have lasted only a month, and we've already had a full quarter of this nonsense. And with companies UNABLE to return to work because it's illegal? Well ... they're gonna work around it.
...
And the way they're gonna work around it is to close down the downtown office. Once they realize they don't have to pay for that office overhead space, they won't come back. And with 3 months of doing this? You bet your ass a lot of them have realized they don't have to come back.
...
Especially given that these cities are hellholes full of rioters who will burn down your buildings, rat infestations (like Baltimore), general violent crime rates (like Chicago's infamous summer of more murders than iraqi war soldier deaths), public defecation (San Fran's one of the highest in the country), high homelessness rates, etc etc etc ... well, it's not like the people will be missing traveling into these filthy cities (other than for the good food in hellaciously overpriced restaurants).
That's the problem with politicians and leftists = the absurd disconnect from how reality works (evidenced by "if we tax big businesses, the businesses will pay those taxes") has them thinking that people will return to the big cities after this is all over and done with.
...
It won't!
So, ironically the big city leftists who wanted to destroy the economy to undermine Trump's campaign? Well ... they're destroying their own big cities. And soon all of them will end up like Detroit.
Really, this does have precedent. Suburbs were basically the result of the automobile. When people could drive to work they didn't have to live right next to the factory ... so they didn't.
So yeah, back to journal title ... A month or two ago I said that this indefinite lockdown will destroy the big cities. WeWork is the canary in the mineshaft - they've ran out of oxygen and they're dying. The rest of the big cities will follow shortly since they don't know that they should change course.
