Bye bye SXSW. ☹️ I wasn’t planning on going, so it’s not about that for me, but this is one of a few cancellations that translates to a bad economic situation and points to a potential recession.

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Millions with no sick time or poor benefits are the real signal of an impending recession. It could be devastating.

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This is and will continue to happen all over the world. Some companies (such as Microsoft) can afford to still pay their hourly workers but not everyone can. It’s going to be incredibly tough

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There’s a fine line between taking precaution and spreading panic. I wonder if we can stay on the precaution side.

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I can assure you, we cannot. We've become a quite trigger happy kind of people. Panic is imminent.

I read that the city of Austin is losing out on an estimated $380 million of business because of the cancellation.

Yep. I have friends and family in TX who were counting on this income and now are missing out. No bueno.

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