Thoroughly depressing reading on the USPS: it carries 40% of the world’s mail (563m pieces) employing nearly 600k people (second only to Wal-Mart). It made $67bn and a loss.

It now sends more junk mail than first class and its business plans are based around carrying more junk mail and slowing people’s switch to the internet for communications.

jaw hits desk. End of.

I wonder if the same is true for the Royal Mail? All good to have the knowledge that these institutions exist, but they are just a waste of money. They don’t even bring external investment to the country like the Royal Family (yes, OK the tourists might have come anyway).