this post was submitted on 29 Jul 2023
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Samsung sees 95% drop in profits for a second consecutive quarter::Today, Samsung posted its Q2 2023 financial results. The report says Samsung's profits have dropped considerably compared to last year.

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[โ€“] eee@lemm.ee 4 points 1 year ago (1 children)

It's not just stagflation, it's greedflation

[โ€“] dgilluly@lemmy.world 2 points 1 year ago

Sadly I don't think greedflation is an official term. Stagflation was the closest I know about anyway.