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Food and long-haul aviation happen to be industries where bankruptcies seem common, supporting Wol's heuristic. Even the tiny economy of Iceland has recently seen an airline going bust as soon as it became the country´s biggest and a small grocery store chain going under a tad longer after an expansion. Restaurants frequently fail to pay staff and suppliers. The Icelandic Jamie's Italian franchisee is fiscally healthy, but a thousand UK workers simultaneously lost their jobs when the restaurants owned by Jamie himself collapsed into administration. I don't expect such a disorderly exit from IBM, Oracle or any of MAGA, nor from small tech firms with robust profits. I would expect it from unicorns with <4% profit margins, and more so from those with <0% profit margins.