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Episode 214: Listener Special #7 Pt. 3

Words & Numbers

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Walmart Is a Monopoly, It Needs to Be Broken Up

A good example of this is playing out right now as we speak. I was watching on the news today, Walmart issuing some statement about the number of Walmart stores it's going to be closing across the country because of reduced sales and so forth. And what's happening? It's now losing market share to whom to the upstart Amazon who we now turn and point to and say, well, that's the monopoly. We need to break that. No, you don't need to do any of that. The market's going to sort this out for you. If we had to listen to these people, we'd all still be worried about Sears and Kmart. Yeah.

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