"Can these b@$t@rds be any more stupid? Companies expend precious cash to buy a product that they then HOARD? Any CEO in the world would be fired on the spot for such an outrageously stupid business strategy, especially with a perishable product."
Not sure who you are referencing but it's fairly common to take losses in the short term to protect your long term viability.
"And the rules of economics are like the laws of physics, they can't be repealed or beaten."
I beg to differ. Macro Economic laws are often as simple as the average or end result and by definition are often beaten. Physics you might say is a more exact science while economics is subject to diverse and conflicting points of view.
economics is subject to diverse and conflicting points of view. Agreed 100%, and I actually thought of the old joke about why kings prefer a one-armed economist (they can't say "On the other hand. . ."). My point was really directed at the absolute fact (among many other economic absolutes) that you can't keep losing money forever, as you WILL go out of business. Period. Some of this stuff is too subtle and detailed to drag out in detail in an internet post, as you're aware.
Of course, I could bring up chaos theory in physics. :-)