I even have the little drip coffee maker.
Charlie don’t do Capitalism.
Bump
Tears By Me Out The Heart.
How ‘bout a cup o’ joe, Ho?...ping....
Classic financial oligarchy operation.
Notice how the debt remains to be paid. Get governments to back debt, get businesses to form cooperatives, have them put up collateral for debt, etc. - anywhere you can get someone to take on a few hundred million in debt, set it up. Everyone comes to the big bankers for financing (most importantly governments), who gladly arrange it for a fee. Want to “nationalize” a business - need capital to get started ? They’ll set you up.
Big finance then buys and sells this debt, trading it like a hot potato if it starts looking sickly. Traders with good inside information can make money in up or down markets, trading quality securities or junk securities. Both Walmart and Tiffany’s can make a profit.
Once they’re paid to float the debt, the oligarchy then has no need to care what happens to the business, shareholders, employees, vendors, customers in the long run at that point. Just pay back those bonds, or we’ll charge you more to refinance.
I’m a coffee-phile and know that Vietnamese coffee was of very low quality (reportedly including sticks, etc.), which was dumped on the coffee market during the boom. Of course large retailers were more than happy to buy it at dirt cheap prices.
Most consumers, after large retailers finish their manufacturing/blending/etc. operations, don’t know what they’re tasting, so anything can be passed off as anything, especially in “flavored” coffees.
The financial oligarchy wins in the end under our current world financial system. They are the big money arrangers, legal organized crime, billionaires without a country, above the law.