What does this remind me of? Maybe market followers, market challengers, and the market leader. In a time where there is a shortage of money (A recession), Robin Hood demonstrates that every person in the industry is scrambling to protect their own hide. Even King John was really scared to lose everything he had, his position wasn’t secure at all. Obviously the nobility (market challengers) want to protect their interests, and even have a shot at being the market challenger if they get lucky. And whatever extra scraps of profit market followers get (peasants) they’ll take it to improve their lot in life.
So the lesson to take from this is that in a recession, no one’s position is secure, nobility can overtake the King, high nobility may be humbled into peasants, and peasants may find themselves in a position to move upwards. Recessions in fact offer a chance to reshake the natural hierarchy of an Industry, and in desperate times, people will be desperate to do many things.
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