Earlier quoted context omitted.
I'm not asking why Boeing continued to make money. I'm asking why the system as a whole didn't spot much sooner that their engineering had been trashed, and some kind of intervention wasn't made before two fatal airline accidents and other near misses happened. The point of the oversight we have is supposed to be to spot problems before they reach that level. If your answer is that not just Boeing, but our whole syst…
There is no comforting answer. Welcome to unchecked capitalism, it's short-term-profit-driven thinking all the way down. In every industry it's the same. The guard rails have been systematically dismantled for decades by opportunists just like this, hoping to make some quick cash and jump ship before it falls down. Whenever anyone points this out, they get labeled as cynics who hate capitalism and industry, and their…
Then why do companies' value go up long term? I own many stocks that have increased 10-fold in value over the last 10 years.