Big regulation protects existing business !

Tuesday, June 06, 2017 Francisco Carneiro 0 Comments

Image result for Exhibit 5: Talk About Defensive Moats!


This is a wonderful graph from GMO, this is the reality governments are playing the game of the big business. Corporate power has never been greater. In some business you have to have several lawyers to open the door.

examples:

Trump paid his own campaign
Gates foundation spends more money each year than the world health organization

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