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This right here is like a second-order or third-order effect of the layoffs last year. Tech companies are shuttering useful consumer products because their prof
by syndicatedjelly 3y ago
This right here is like a second-order or third-order effect of the layoffs last year. Tech companies are shuttering useful consumer products because their profit margins just aren't high enough for today's high interest environment
- mindslight 3y agoCurrent interest rates are moderate, and hopefully are the new normal if our society is to have any future. The past two decades have been extremely low rates. High is like 10-15%.
- syndicatedjelly 3y agoIt’s high for any business that has been coasting through the cheap money era of the last 10 years