What does an ugly economy look like where you've worked. Go back to the start of your career til now. Anything stand out? What were the signs?

I remember the bust part of the bust to boom that covid was. I remember the Great Recession, I remember the dotcom bubble burst. Of all those, I remember still having some certainty. I'm getting closer to the apocryphal investment strategy of Guns & Gold though... Are we to the doomsday investment strategy?

likehelpful
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People of color disappear and culture pivots to backstabbing instead of support and collaboration.

likefunny

Yes, the consistent correlation between melanin concentration and layoff probability during these down turns is always mighty suspicious.

smart

What was the certainty around meltdown of financial institutions and housing market crash?

Drive I95 past port Elizabeth and all the Anex Fields’s are filled with new cars nobody is buying and ever spare rail spur has about 4 train cars sitting on them waiting for dispatch. I’m told this is the reality in other ports of call all over the place.
We have massive over production and 10% of the population is driving 50% of our economy…
Not a good sign.

smart

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