Cost reduction call later today in Europe??
Great starter for the weekend

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Good point! federal deficits indeed increased from USD441bn in 2016 to 983bn in 2019!

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yup indeed. Not great at all. To finish your timeline we then had 3.1 trillion during covid, then 2.7 trillion after covid, then 1.4 trillion last year and a projected 1.4 trillion this year in 2023. So from 2020-2023 alone we borrowed/printed over 35% of annual GDP. Of course we were going to have massive inflation!

What?

What did they say in the first one?

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Please keep us updated! Good luck, seems like another round of layoffs

another call scheduled for apac offices on mon morning

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Can you share details on what was mentioned?

Elections have consequences. Reckless spending lead to record inflation which lead to the Fed raising interest rates extremely fast - which of course lead to DD deals drying up.

Sounds like you should be considered for the layoffs for not understanding basic economic concepts.

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All personal benefits cut

All of them? I thought it was "just" gym membership and drinks

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