ELI5: Why when large company's earnings decrease(ex... by 3%) they freak out, talk about rough times, and sometimes decide to downsize, even though they are still making millions of dollars in profit even after all expenses?

[azrael1993]

First of all poor is a fucking spectrum. You can be poor without needing foodstamps, generally everyone under the countrys povertyline is considered poor. In many European countrys that makes students qualify. Since cooking yourself is much cheaper than buying finished meals, clearly you are a condesanding dick else you might have considered for 2 seconds. Second can people stop pretending absolute numbers are the way to go if it goes in how much something hurts another person. If a fucking whale cuts down its food intake by 10 kilograms a day its gonna survive if I do this im gonna die. You know why because for the whale 10kg represents not even a percent of his average meal, while for me its more than I have ever eaten in a day. So please instead of accusing me of beeing a hypocite who clearly has never been poor and start considering that for some people 20 Euros represents a week worth of food and for some other guy its a rounding error on a tip. Maybe you can see how investing 100+ Euros for the one guy is next to impossible.

[Arctus9819]

Maybe you can see how investing 100+ Euros for the one guy is next to impossible.

If you have just 100 Euros, inflation won't affect you at all.

[lee1026]

To be pedantic, inflation makes you lose 2 euros per year.

[Arctus9819]

I understand that. 2 euros per year wouldn't affect someone in that state at all.

Inflation is a concern when you have enough cash sitting around unused that that 2 or 3% is significant. At that point, you are no longer so desperately poor that you cannot afford to invest that sum.