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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/1927821116057309685? Maybe No because when these starts happening, I hope the government would be happy to enter another recession. Although we might not be able to stop the trend but all we have to upgrade our thinking and start learning one of two things online because soon, getting a good and paying jobs could be difficult and based on connections. The industrialization we are in is about to turn to a nitch where only artificial intelligence robots can work while humans are left in the mold.
So many crazy things are going to happen soon and if the government does not have plans to ameliorate these changes, it will tell on the citizens and make inflow of money to be scarce leading to recession.
Panic? Actually no. That's not why I opened this topic. We plebs should be prepared because if a situation comes when the unemployment rate in the U.S. surges, THEN expect a Fed pivot to REAL Q.E.
If you haven't been preparing through a consistent accumulation of Bitcoin, then your probably should start NOW, or save as much fiat as you can until you believe you're ready.