Explore, expand, extend, exterminate
Empire building games, like Civ or Stellaris would be a 4x game.
That’s why there is a huge push now to remedy it. The supply chain shutdown due to covid was the first shot across the bow and now China is massively ramping up its navy to take it. They want to be ready to invade Taiwan by 2027.
Yeah, most public companies hold big cash reserves. Its part of flexibility and long term growth, and the ability to weather downturns and be able to take advantage of opportunities.
Not everything is a rush to the bottom, it’s more of a middle ground. Not saying it won’t end up there, but like everything, it’s not so black and white.
Or as I like to say, two buns short of a hamburger