With all the talk of hiring no one talks of the money these workers are making. Many of these workers were fired from the tech industry with high paying jobs, they are then hired into lower paying jobs( opps less money going into the system). There was a surge of money during the pandemic going into t people hands, that money is now drying up as witnessing the surge of travel a spend down of that money? We are coming to the point that the debt of college loans is now in the next few months to s coming into play.Less money in the hands of those debtors. Because of failed banks and higher interest rates loans become more expensive, meaning less volume in the movement of money. (Perhaps because of higher interest rates and higher scrutiny some of those companies that just higher the laid off tech workers will not be around in 2024). In my unlearned opinion we are in danger of hard economic times.
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