Augustiner

It is so much easier and comfortable to just close your eyes to the troubles of the world, but it also means that you won’t see what’s coming and will not be able to act. So this sort of sensory overload with negativity and craziness is kinda the point. The more people are tuned out and overwhelmed, the easier it is for assholes like Musk and Trump to push their agenda through. It’s also talked about in 1984, where the quote comes from

I feel like the original quote applies here pretty well, no real need to change it…

War is peace

Freedom is slavery

Ignorance is strength

Another company Microsoft bought and ran into the ground. It’s really incredible that they managed to get their lunch stolen. They had basically a monopoly and gave it away without a fight. Hell, the colloquialism for video calling someone was to Skype them for a looong time.

And then one small competitor comes along and it’s all gone. How can you fuck up this bad? Especially during the pandemic, in which they should have further entrenched their monopoly…

Don’t get me wrong, fuck Jeff Bezos’ pampered ass. But growing a giant dystopian mega corp out of 250k is kind of impressive.

I know quite a few privileged people with more money than that and every chance in life one could hope for. None of them would be able to achieve anything close to what he did. They simply aren’t ruthless and megalomaniacal enough.

I agree with your comment, even though I have no idea on the technical aspects. What I can weigh in on is crisis management, especially communication.

Boeing needs to take control of the situation and actively start communicating and showing that they are working on fixing this thing. In Situational Crisis Communication Theory you would call it a rebuild approach. They tried denial, they tried downplaying, it’s not working. A rebuild strategy is usually the last resort, as things like admitting your mistakes and fixing them are rarely appreciated by investors. Furthermore it’s usually a huuuuge cost to do a recall on that scale. But Boeing need to show the public that they are actively working on improving the situation, to earn back their trust. So at least a partial recall should be considered.

You’re exactly right in your first paragraph about the news. The media and the public are very sensitive to Boeing quality issues rn. These articles won’t stop unless one of three things happen. Either Boeing gets their shit together and gets some effective crisis management and communication done, the company goes bust, or something else turns up in the news that replaces this. The third option will be the most likely, but it will also haunt them forever. It’s like that exploding galaxy note 7 situation. There were articles about that for every new generation of Galaxy Note, despite Samsung doing pretty well in investigating the issues. And while the following Note phones sold alright, the whole thing was a significant loss of trust and money for Samsung and enabled competitors like Huawai to catch up.

What they do right is having a duopoly with Airbus, and great military contracts. So investors know that even if things are shit rn, they will probably get better again.

Furthermore, while I agree that Boeing probably will not go bankrupt over this, the valuation sometimes is not a great indicator of what’s going on internally. Enron was worth over 60 billion. Half a year later they were at zero. Now I’m not saying Boeing is nearly that bad, but they are in some trouble for sure.

Working for Boeings PR department must be absolute madness right now… imagine having to somehow excuse all those fuck ups and every week there is a new one

I know the general gist of the situation. Low spending from domestic households, real estate bubble, excessive government influence on industry scaring investors, and so on.

My problem with it is that most headlines make it sound like it’s all gonna implode spectacularly tomorrow. The articles themselves usually paint a more reasonable picture of the situation, similar to your comment. But most people don’t read the article. They just see the headline over and over.

Feels like I’ve been reading headlines like this for at least 3 years now. If it all finally comes crashing down, it’s gonna be a big one I guess.

It’s the most popular and most hated newspaper in Germany. I would put it at a similar level as Rupert Murdoch’s shit rags.

They usually have dubious journalistic standards, write exaggerated headlines and harass their targets. They also constantly badmouth progressive or environmental causes because their shitty publisher, Axel Springer Verlag, has a very imperialist neoliberal agenda that they enforce in all their publications. I blame them in part for the popularity of AfD, even though they don’t directly endorse them (as far as I know).

You misread. They got scammed into paying 10$ shipping for a supposedly free product that will never arrive.

Most carmakers get heavily subsidized. All the German ones for example. It’s a big industry and states like to keep their brands competitive.