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Agreed and well said. I remember a report in the past year that showed the more consolidated an industry, the greater the amount of profit driven inflation. I think that helps show your point that it’s monopolistic power that’s enabling these companies to do this and that is what needs to be addressed, not interest rates.
I knew he was an ass, but this takes it to an entirely new level. Almost every expert in the matter was telling Stockton Rush that the Titan would implode and he ignored them for over 6 years. Not only that, he actively sued a whistleblower and essentially threatened him with bankruptcy to prevent him from going public with the very legitimate safety concerns. And he also organized the dives and payments in such away as to avoid any kind of regulation or penalty whatsoever.