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Isn't their layoff a tacit admission that they should have grown more slowly, though?
by viscountchocula 3y ago
Isn't their layoff a tacit admission that they should have grown more slowly, though?
- epistasis 3y agoWhen the Fed raises interest rates, it slams on everyone's brakes. Should GlobalFoundries somehow predicted the macro environment, better than everyone else, and followed their gut on reading macro tea leaves and pre-anticipated what the Fed would do? Ideally, yes, they would know the future, but in reality the best laid plans must change to meet reality, as current events always has surprises that can not be 100% derisked.