Neal Freiman

So what Australia is doing is so critically important for what could happen with the rest of the world.

to crush this, especially in a year with the Winter Olympics.

Everything is coming up, Norway and Finland and Sweden.

They talk about how much trust they have in society, talk a lot about access to healthcare.

They never sort of have to worry about that because it is all taken care of by the government.

But yeah, Finland, nine out of the last 10 years, they're so happy and they barely have any light and it's cold.

Maybe.

USPS is probably too big to fail.

But at the same time, it's also been set up to fail, at least in 2026.

It has a government mandate to deliver to roughly 1%.

170 million addresses nationwide, regardless of cost, six days a week.

And because of that, 71% of its delivery routes are financially underwater.

It has lost money every single year since 2007.

And mail volume is simply plummeting.

Total mail volume peaked

In 2006, fell nearly 50% by 2024.

First class mail specifically is down 80% since 1997.

So you have pressure on mail volumes.

No one's sending mail anymore besides you who are sending wedding invitations and receiving wedding invitations.

At the same time, it has to deliver to these rural areas where it's extremely loss-making routes.