Does anybody actually read Rolling Stone? Can't say I ever ran across anybody who does. Via Land of Black Gold, I found an article which predicts Wal-Mart's demise due to declining oil output:
The way that commerce is currently organized in America will not survive far into the Long Emergency. Wal-Mart's "warehouse on wheels" won't be such a bargain in a non-cheap-oil economy. The national chain stores' 12,000-mile manufacturing supply lines could easily be interrupted by military contests over oil and by internal conflict in the nations that have been supplying us with ultra-cheap manufactured goods, because they, too, will be struggling with similar issues of energy famine and all the disorders that go with it.
Posted by Bob on April, 2 2005 at 12:40 AM
Kevin Brancato wrote:No, I don't think anybody reads Rolling Stone unless forced to by circumstance.
Isn't this analysis going on the assumption that Wal-Mart executives will all of a sudden become unadaptive shortsighted fools?
-- April 2, 2005 06:16 AM ∞
Bob wrote:Yes, and not only that, but they will be the last to adapt to the changing environment. After all, being the low cost and most efficient retailer will actually be a negative causing them to be hurt the most.
-- April 2, 2005 01:42 PM ∞
