Economics

Groupon: Needs a rethink.

Why Groupon is Flawed

Groupon’s stock plunged after news of a poor earnings call. After a 25% plunge, the sacking of Andrew Mason leveled things off a little but questions should be asked of its business model. Groupon is essentially a middle man with a crowd sourcing flavor. Instead of individual companies running their own discounts, they aggregate and bring it

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The longest lived intermediary conduit will inevitably fall. (Credit: Madiba127 on DeviantArt)

The Inevitable Fall of Nations

For thousands of years, nations were important building blocks of civilizations. As human beings, we found the need to cooperate and work with one another. We built societies, grouped people together for some mutually beneficial gain. May it be fishing villages or tiny states, we lumped together for necessity. Safety in numbers, prosperity through cooperation and basically economies

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