Wikipedia: "In a 2007 Bloomberg article, Matt Lynn predicted that Apple Inc. "…will sell a few to its fans, but the iPhone won't make a long-term mark on the industry""
(I suppose he might be right after all, if the Trump tariffs mean an iPhone has to retail at $2000)
Ah, yes. Matt Lynn, that renowned Telegraph pundit whose instinct it is to double down every time he gets it wrong. Decades ago the Torygraph was a serious conservative paper. But for years now it has been spouting complete and utter far right drivel
This is the guy who has made his entire career out of being a far right business journalist and whose only notable prediction (made in 2007) was that the iphone wouldn't take off ...
The real economic threat isn’t the stock market, tariffs, or the deficit. it’s that the world is losing faith in America as a safe bet.
Consumer confidence doesn’t come back with a stimulus check. Once trust is gone, it’s near impossible to rebuild & every day the chaos continues,the price goes up.
It is an article of faith for some right wing elements that fossil fuels are good and cheap and profitable whereas renewable energy is bad and expensive. This can *most charitably* be described as "out of date by a decade at least, if not a century".
I think a lot of the denialism is funded by fossil fuel interests who are willing to ride their sunk costs all the way to global disaster rather than admit they needed to diversify.
Personally, I can never get enough of, "his ideas were great, but the people working for him let him down ..." Trump cannot fail, only be failed. Repeatedly. Deep State, probably. And Hillary, the most underrated criminal genius in history.
Lynn was writing all his praise about a criminal insurrectionist and Hitler admirer. Lynn is just another example of a rotten British establishment that will sell out democracy in an instant.
Matthew Lynn represents all that is wrong with the British press. If only they could start reporting facts as opposed to deeply flawed opinions, we’d be much better off.
I find that these kind of people are like the dog that chases a car. When they finally get the car they are confused why it didn't like up to expectations.
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Then again, Matt Lynn's record for bad takes and bad forecasting is unrivalled.
(I suppose he might be right after all, if the Trump tariffs mean an iPhone has to retail at $2000)
Second rule: double down
Consumer confidence doesn’t come back with a stimulus check. Once trust is gone, it’s near impossible to rebuild & every day the chaos continues,the price goes up.
Not even offered his resignation?
These clowns have absolutely no shame.
#Leveson2