Societal-Engineered Super Conglomerates
This is a post that I’ve wanted to make for a long time. Today, I’m going to talk about these super conglomerates in America that dominate the world. The proper terminology for these companies is “multinationals.” A multinational is a company operating in several countries. This list features 10 multinationals that have once filed for bankruptcy. However, bankruptcy doesn’t mean that a business is kaput. These companies file bankruptcy to wash their hands of losing endeavors. However, my list was posted to show that even multinationals have been run by inept businesspeople. Now, let’s get to the social-engineering. Many of these enterprises spent most—if not all—of their fiscal years in the red, hence why we see so many acquisitions and mergers taking place. These companies are allowed to maintain their prestige thanks to media promotion and governmental isolation. For up-and-coming start-ups, they face many roadblocks. There are legal requirements that must be met, and bus...