Did Any Of You Short Idiots See How Much Real Estate AMZN Bought?????
In Dubai they built the 150 story Burq Dubai right before their economy imploded; in Malasia they built the 120 story Petronas towers right before the Asian Tiger crisis, many many examples.Skyscraper building booms are signs of excess and often signs of an impending economic collapse. If Amazon had oodles of cash like Apple, fine, build (Apple is planning a giant new HQ). But how much cash is Amazon using to build these monuments? Shareholders should be asking questions. Why not pay a dividend instead? Isn't there plenty of empty office space in Seattle? Lease!