Seems like since the summer of this year things are getting slower.

  • bobbywright86@alien.topB
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    10 months ago

    Why is corporate undergoing major layoffs? I have friends who have worked in director/executive positions for 20+ years and so many have suddenly been let go this year

    • CSCAnalytics@alien.topB
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      10 months ago

      Interest rates were quadrupled to 8+% after being NEGATIVE (relative to inflation) for 12 years going back to the beginning of Obama’s term.

      You can thank the Fed.

      • LivingAd7057@alien.topB
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        10 months ago

        You can thank inflation. You can thank a decade of near free money. Raising interest rates is the Feds only tool to curb inflation.

        • jmizzle@alien.topB
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          10 months ago

          You can thank inflation.

          Which the fed is significantly responsible for via over a decade of quantitative easing.

          Raising interest rates is the Feds only tool to curb inflation.

          This is 100% incorrect.