clearly, the narrative is “record profits mean gouging!” but this is a ridiculously facile and illiterate claim.
it’s pure playing to the peanut gallery.
inflation drives the nominal value of everything, including profits, higher. if a company once had $100 in revenue and $5 in profits and these numbers grew to $150 and $7 in profits, sure, that’s “record profits” but if inflation was 50% in that period, it was a drop in profits in real terms. it was also a drop in margins. what was a 5% profit margin is now 4.7%. that’s the opposite of gouging, that’s margin contraction and lower real profits. and that is what we are seeing across the US right now. businesses are not gouging, they are taking it in the chin to protect the consumer.
https://boriquagato.substack.com/p/price-gouging-is-a-nonsense-narrative
Canada Has Gone Woke and It's About to Go Broke...
Not just Climate Alarmism and Gender Nonsense anymore.In a nation once defined by hard work, innovation, and shared prosperity, Canada is sleepwalking into fiscal and social ruin under the banner of performative “reconciliation.” We’ve seen the warning signs globally: companies like Bud Light hemorrhaging $1.4 billion in sales after its ill-fated Dylan Mulvaney campaign alienated core customers; Jaguar’s cringeworthy 2024 rebrand pushing electric cars and “inclusivity” that bombed so hard it was scrapped amid plummeting stock; Harley-Davidson retreating from DEI mandates after backlash from riders who just wanted motorcycles, not lectures. These weren’t isolated fumbles, they were self-inflicted wounds from chasing social justice optics at the expense of reality. Now, Canada is the latest casualty, with “woke” poli...
https://sheldonyakiwchuk.substack.com/p/canada-has-gone-woke-and-its-about
Rebel News is heading to Brazil to expose the UN’s climate hypocrisy!
As 50,000+ bureaucrats, lobbyists and politicians jet into Belém to tell you to “cut back,” we’re sending Sheila Gunn Reid and Kian Simone to show the luxury, the VIP perks — and Canada’s role — that the UN doesn’t want you to see.
https://www.rebelnews.com/rebel_news_is_heading_to_brazil_to_expose_the_uns_climate_hypocrisy
