TheBitcoinManual on Nostr: Tupperware files for bankruptcy In fiat land, you either make cheaper products, ...
Tupperware files for bankruptcy
In fiat land, you either make cheaper products, defective products, have planned obsolescence so you can continue to drive repeat purchases and cash flow or you die
The market doesn't reward making something good once!
Imagine if they had a had a deflationary asset to put on their balance sheet stacking since the height of their popularity in their 50s, where they would be today?
Lesson in there!
https://www.reuters.com/business/retail-consumer/tupperware-brands-files-chapter-11-bankruptcy-2024-09-18/
In fiat land, you either make cheaper products, defective products, have planned obsolescence so you can continue to drive repeat purchases and cash flow or you die
The market doesn't reward making something good once!
Imagine if they had a had a deflationary asset to put on their balance sheet stacking since the height of their popularity in their 50s, where they would be today?
Lesson in there!
https://www.reuters.com/business/retail-consumer/tupperware-brands-files-chapter-11-bankruptcy-2024-09-18/