'Pfizer slashes full-year earnings and revenue guidance as Covid treatment, vaccine sales slump'; who would have thunk? Maybe someone should tell Bourla the criminal (he called me one) CEO of Pfizer
that no one wants the death vaccine he has unleashed onto the world & that one day we want him in court in handcuffs; Bourla remains on my list of the 33 Horsemen of the COVID Apocalypse
KEY POINTS
Pfizer slashed its full-year earnings and revenue guidance as it sees demand for its Covid treatment and vaccine wane.
The company also launched a cost-cutting plan, which it expects to produce $1 billion in savings this year and at least $2.5 billion in 2024.
The rollout of Pfizer’s latest Covid booster has been rocky, and prior vaccination and infection has made cases milder than before for many people.
Pfizer on Friday slashed its full-year earnings and revenue guidance and launched a $3.5 billion cost-cutting plan due to waning demand for its Covid products.’
“We are in the middle of the Covid fatigue. Nobody wants to speak about Covid,” Pfizer CEO Albert Bourla said during the call on Monday. “We have the big anti-vaccination rhetoric.”
https://www.cnbc.com/2023/10/13/pfizer-cuts-earnings-revenue-guidance-as-covid-sales-slump.html
Few things more dangerous than a big pharma company with falling sales and share price.
Howard Zinn, the American historian, likely meant that even enormous and seemingly strong systems, like authoritarian regimes or oppressive governments, can fall apart or break down relatively quickly. He wasn't explicitly calling out certain regimes such as Nazi Germany or the Soviet Union, but he was making a broader point about how these kinds of systems can be surprisingly fragile.
What Zinn was getting at is that throughout history, various oppressive systems and authoritarian governments have eventually faced resistance, internal disagreements, or pressure from external sources that led to their collapse. These systems might seem stable and powerful, but they can unravel or crumble when challenged by mass movements, public outcry, international pressure, economic issues, or changes in popular opinion.
In simpler terms, Zinn's perspective emphasizes that political and social systems are dynamic. It suggests that even the most deeply rooted powers can be susceptible to change and collapse under the right circumstances.
- Luc