I agree, but when you have people in positions of influence paying silly money at yearling sales they have to justify these actions in some way and the main focus point is stakes. Unfortunately none of them really care about the general health of the industry, they do however care about their own.
The pie has never really been. the problem as I see it, it's always been the slicing up of the pie that's the issue,of course now the industry wants the small guys knife, fork & napkin to sell to get a temporary bigger pie. The industry will find a sustainable place if participants are willing to accept reality and leaders stop selling them a BS narrative, that however won't happen and it will continue down the gurgler.