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Employees cost money. The ZIRP free-money era has ended. Companies have been laying off tech people for the last few years. Also the US economy is collapsing,
by tardedmeme 5mo ago
Employees cost money. The ZIRP free-money era has ended. Companies have been laying off tech people for the last few years.
Also the US economy is collapsing, that probably has some relevance.
- sssilver 5mo agoYou couldn't tell this by looking at the stock market.
- XorNot 5mo agoWhich is the point. There's been a concerted effort by the government to make this the story. Layoffs and cost of living problems but you must discount the evidence of your eyes and ears and remember it's over 50,000! The PE ratio of Tesla should tell you everything you need to know about the stock market representing actual economic conditions.
- jazzyjackson 5mo agoTo me, it just means a dollar doesn't buy as much of IBM as it used to.
- citrin_ru 5mo agoStock market is up only because investors bet on AI, if you'll exclude AI and AI supply chain at best it would be stagnant.
- blingbot9 5mo agoWhenever someone brings up ZIRP, especially someone with a username like yours, it's an indicator that they have no clue what they are talking about and like to regurgitate things they read on the internet. > Also the US economy is collapsing, that probably has some relevance. Right...wait, what?
- lijok 5mo agoZirp ended over 4 years ago, what are you talking about, the us economy is collapsing? What? Care to elaborate on any of this?