I know a few folks in that situation - likely people who the originally designed fibre roll-out would have hit, but instead got a substandard connection.
I'm not so sure it's a full death spiral though, one would hope that the fibre retrofit can catch a lot of these up.
“Having escaped the lion’s den, Mr Lehrmann made the mistake of going back for his hat"
Is there any way this could have gone worse for him?