I wonder how much this actually matters? I understand that for an auditor, having a quality reputation matters. But if all audits from all firms are bad, how much would the world economy suffer?
Likewise for the legal profession, if all judges made twice the number of mistakes, how much would the world suffer?
>>"because everybody is BROKE?!?!"
...but I didn't want to offend anybody with `whining` [I'm an average net-worth, for my age, US blue collar worker].
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Here are my whines of thought:
I think the thing many of my brothers (three multi-millionaires, I am not) fail to see at the moment is that the "bottom majority" is having an increasingly "really bad time" existance. Myself, I have zero dependants, and zero desire to reproduce in this world. e.g. I have savings, but no healthcare (why?) and plenty of debt.
When I start seeing "struggling majority" grow from simple 51% to increasingly-closer-to "bottom 90%" lately... I start getting really concerned. I don't giveAF about almost anything, but whatever this majority's percentage: they're not wrong (life is getting too difficult for majority).
¢¢
I supply a low cost alternative software option so cost pressures on customers tends to improve sales so that helps a bit with recession resistance up to a point. Though more customers are choosing to do without any alternative which means it must be really rough out there as such software is pretty essential to their work.
It’s hitting the top end of the market as well, the large staffs and debts mean they have to extract more money from a declining customer base that is less able to pay. It’s bad enough even these big multinationals can’t afford to build new features and are choosing to instead exit various markets to focus on their most profitable products. This will only work short term as the less profitable parts were effectively a loss leader for the profitable ones and shouldn’t really be considered a separate offering. They appear to have entered a terminal decline, and it seems that some of them know this and are gouging on their way out.
Multiply this across N industries and it looks like this stagflation / recession is just getting warmed up.
That's not any more true.
Personally I don’t make a big distinction between crimes against property and crimes against people. I live for my life’s work, if someone destroyed that they might as well have killed me. Additionally many people are dying due to lack of resources, so if someone could be saved for $1M then the destruction of $1M of wealth might has well have killed them. As such I would treat theft and other white collar crime on part with mass murder.
My main disappointment with the F35 is that it could have been a lot cheaper with modern design technology and manufacturing. That and the software is needlessly buggy. I had a friend working on F35 at a time I was working on software quality research, when I discussed the possibility of applying the research to F35 he let me know that bugs were seen as a cash cow and he would be working on bugs on the F35 until he retires. He was right. And now we have stuff like this happening.
Gambling: https://www.cbc.ca/news/politics/online-gambling-sites-money...
Casinos themselves: https://www.ibtimes.com/political-capital/trumps-businesses-...
Commerce: https://www.wired.com/story/wired-awake-180518
Crypto: https://financialcrimeacademy.org/cryptocurrency-money-laund...
Shell companies: https://newrepublic.com/post/192244/trump-celebrates-destroy...
Real estate: https://www.firstaml.com/resources/5-ways-criminals-launder-...
I've had it happen to me too, but my response was to resign on the spot (I was already not satisfied with the company).
The "toxic behaviour" I had done? I reverted a commit on the master branch that didn't compile, and sent a slack to the Dev who had committed it saying "hi! There appears to have been a mistake in your latest commit, could you please check it out and fix it? I've reverted it in the meantime since I need to deploy this other feature"
The dev responded by force pushing the code that did not compile to master and contacted HR.
I decided there was greener grass on other pastures. I was right.