3 ms·
Would be so nice to stop seeing these articles?
by bamboozled 4y ago
Would be so nice to stop seeing these articles?
- clone1018 4y agoIt's interesting to think about how much these types of articles help lead to the panic of a recession that ends up making a recession happen.
- TylerE 4y agoWe’ve been in a recession for two years. People just seem to have been pretending we aren’t. Not even totally COVID or Russia’s fault either… stock prices really bubbled since 2008, with many companies trading well above a level that there is any rational justification for.
- fundad 4y agobear market is one thing recession means the economy is shrinking.
- myth_drannon 4y agoYes, it is meant to cause panic in general population but with a purpose of them putting pressure on politician s which in turn put pressure on central banks to tone down the rate increases.
- rrix2 4y agoyeah, it would be so nice if our industry hadn't over-hired for the last five years on the promise of everlasting ZIRP and trickle-down funding from adtech giants. alas, here we are.
- renewiltord 4y agoWhy would that be nice? Having over-hired and still doing just fine means that for the period that companies were over-provisioned they were disbursing profits to labour (workers) rather than capital (shareholders).
- gaws 4y ago> Having over-hired and still doing just fine means that for the period that companies were over-provisioned they were disbursing profits to labour (workers) rather than capital (shareholders). Shareholders caught wind of that and are taking corrective action.
- deleted 4y ago[deleted]