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GhostofDownvotes t1_j9dyt90 wrote

There are no actual demands for infinite growth. I don’t know why Reddit made this its new strawman that it can’t stop parroting.

If FB shares become priced at the same PE ratio as your local utilities company, nobody will expect the company to grow. The only “issue”, if you can even call it that, is that they’re significantly more expensive because growth is still expected.

When FB’s growth expectations drop to zero, nobody will pay the current share price or expect any growth. If this sounds too fanciful for you, your boring-ass local utilities company was hot shit too at one point, assuming it is old enough.

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