Comment by toomuchtodo
9 hours ago
People keep saying it’s pandemic over hiring, but it should be called ZIRP hiring. With the cost of money almost 4x what it used to be, companies have to deliver now, not just coast on promises of growth and success that may never materialize. Have to sing for that supper.
I miss those days. It may have been economically silly but there was so much optimism, especially in the tech world.
Now we're just economically silly without optimism (except for one pocket of the tech world).
Optimism without the ZIRP bubble is the 1990s
Pre-paid optimism that we've been paying for now with high inflation due to overstimulated economy through printed money.
That is called a bubble.
Now some here are about to experience a repeat of the years 2000 and 2008 put together.