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When corporations grow to a certain size, they become banks. The same thing kind of happens to industries when they get dominated by a few large players. The l
by api 2mo ago
When corporations grow to a certain size, they become banks.
The same thing kind of happens to industries when they get dominated by a few large players. The large players are banks. The core of the industry becomes a form of finance.
Hollywood is now the financial capital of the film industry, not where films are made. Hollywood finances films.
- DenisM 1mo agoYears ago I learned that GM’s financial arm made more money than the car company. The other day I also read that airlines make more money from selling points than from flying people. Crazy world.