One can look at a company as a “scale model” of a company. It may start out on a very good tact, with good economic policy and thinking. It may even prosper for awhile on past glory. But, eventually, with enough of the wrong people in the wrong places at the wrong time, it can begin to collapse, and when it reaches a sort of critical mass of mismanagement, nothing can stop it from winking out of existence.
Pentode; this can be applied to the USA as well!