3 ms·
Big tech income depends on the whole economy, most of which interest rate dependent. I wouldn't say that the business model is unsustainable (it's more complica
by solomatov 4y ago
Big tech income depends on the whole economy, most of which interest rate dependent. I wouldn't say that the business model is unsustainable (it's more complicated than you said), it just becomes less profitable (as everything else).
- rabuse 4y agoExactly. Interest rates rising makes pretty much everything less purchasable for people.
- amelius 4y agoNot just income, also investments.
- FormerBandmate 4y agoThe recent hiring has been fueled by record profits from the lightest monetary policy of all time