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There's a high probability that if the unemployment rate surges, then the Federal Reserve pivots to FULL Q.E./turns on the money printer in expectation of a Recession, and to prevent an actual Economic Depression.
This X post says that "mega layoffs" will start in 18 months.
At a recent dinner I met a very senior engineer at one of the Big Four tech cos.
His team develops tooling for a 0-engineer future.
They're not allowed to tell anyone internally what they're working on to avoid mass panic. He figures mega layoffs start in 18 months.
https://x.com/corbtt/status/1927821116057309685First of all, let's analyze what's written in this tweet. The guy meat someone, who told him to not reveal the secret (but he revealed, which is a huge disrespect and I'd fight that kind of a guy) and then this guy himself says that they are working on something that will involve 0 humans in certain niche but they don't tell it because they want to avoid mass panic but this guy revealed this information. Now do you see a mass panic? And first of all, if it was a secret, that unknown guy wouldn't reveal it to someone as gossip as this guy is, who tweeted this information.
Long story short, this is either a fake news to have fun or get some expectations or has never been a secret but I think that it's a made up story.
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I like your post and that's what I think too but why so much disrespect towards Wind_FURY? Is there a beef between you two? Cause he hasn't said anything that dramatic in this post.