Something scary is happening right in front of your eyes:
You would have often heard stories of Amazon wiping out a lot of small retail stores.
You might have also noticed that several kirana shops (near your house) might be closing down.
Now, Retail and FMCG are not the only two industries where this is happening.
Apple is becoming too big (right from Insurance, also in a way entering banking/cards)
In India too, family owned businesses (which are literally built on public debt) are expanding their wings from Airports, Telecomm, Roads, Education, Reality, Online Travel booking and whatnot.
Please understand that excess of almost anything in the world is bad.
All these profits will go to a handful of corporate houses. And, then shared by Politicians.
Yes, one could argue that 'development' will happen. But, in the quest: ask, that is an 'average' person really getting richer?
My answer would be a strong NO.
We live in very interesting times: when 10 employee companies like Instagram can be built and sold for a billion$
Businesses are getting lighter by the day. Tech allows an entrepreneur to generate 100X leverage, something which was impossible to do.
Going forward: wealth will grow massively for the rich. But, the middle class will fall into abject poverty.
Creating useless monopolies. And, giving too much power to some corporates is where this story starts.
Wake up.
Not sure about winter, but ๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐ with his all-round might in DC Blue โ๏ธ๐
#YehHaiNayiDilli@imShard