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Cake day: June 29th, 2023

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  • People in western nations are largely responsible for climate change. Someone in Syria won’t be flying around the world and buying new clothes all the time. But they will be the ones hit the hardest by climate change, so they will likely either die or become refugees trying to come to the west.

    Also, a lot of our western wealth is based on exploitation of those nations (through colonialism and later capitalism or wars). So if westerners don’t want people from poor countries to come to the west they should help those nations to recover from that exploitation.

    Furthermore we need to do these things, because a bigger influx of desperate migrants will steer western politics even further to the right. That’s never a great thing and will lead to more inequality and possibly the collapse of our democratic systems.

    Finally to your point about migrants being more criminal. That is largely a result of worse economic circumstances and outlooks. Improve their chances and watch the crime rate drop.



  • I agree with your comment, even though I have no idea on the technical aspects. What I can weigh in on is crisis management, especially communication.

    Boeing needs to take control of the situation and actively start communicating and showing that they are working on fixing this thing. In Situational Crisis Communication Theory you would call it a rebuild approach. They tried denial, they tried downplaying, it’s not working. A rebuild strategy is usually the last resort, as things like admitting your mistakes and fixing them are rarely appreciated by investors. Furthermore it’s usually a huuuuge cost to do a recall on that scale. But Boeing need to show the public that they are actively working on improving the situation, to earn back their trust. So at least a partial recall should be considered.

    You’re exactly right in your first paragraph about the news. The media and the public are very sensitive to Boeing quality issues rn. These articles won’t stop unless one of three things happen. Either Boeing gets their shit together and gets some effective crisis management and communication done, the company goes bust, or something else turns up in the news that replaces this. The third option will be the most likely, but it will also haunt them forever. It’s like that exploding galaxy note 7 situation. There were articles about that for every new generation of Galaxy Note, despite Samsung doing pretty well in investigating the issues. And while the following Note phones sold alright, the whole thing was a significant loss of trust and money for Samsung and enabled competitors like Huawai to catch up.


  • What they do right is having a duopoly with Airbus, and great military contracts. So investors know that even if things are shit rn, they will probably get better again.

    Furthermore, while I agree that Boeing probably will not go bankrupt over this, the valuation sometimes is not a great indicator of what’s going on internally. Enron was worth over 60 billion. Half a year later they were at zero. Now I’m not saying Boeing is nearly that bad, but they are in some trouble for sure.