You ain’t seen nothing yet.
Just wait until February. Then the bottom will really fall out of the job market.
And if the current policies are continued, it will continue to get worse YOY.
Foreign investments are declining, and the dollar is weak, so inflation and job losses will continue.
I think that’s what they call stagflation. A combination of the worst of an overheated economy and an economy in recession.
Enjoy the things that are free, you may need to “consume” more of those things in the future.
Because both January and February are traditionally slow months, but next year will be worse than normal. My guess is that there will be a lot of firing, in part because many businesses will be slow, and second because they can’t afford to hold people on for things to look up in in March/spring, and third because many probably will be skeptical that things will look up enough to keep people on anyway.
But all in all it’s mostly a gut feeling from 30 years in business, and although I am not American, I know business in USA is harsher regarding these things than what is normal in Europe.
You ain’t seen nothing yet.
Just wait until February. Then the bottom will really fall out of the job market.
And if the current policies are continued, it will continue to get worse YOY.
Foreign investments are declining, and the dollar is weak, so inflation and job losses will continue.
I think that’s what they call stagflation. A combination of the worst of an overheated economy and an economy in recession.
Enjoy the things that are free, you may need to “consume” more of those things in the future.
Why February?
Because both January and February are traditionally slow months, but next year will be worse than normal. My guess is that there will be a lot of firing, in part because many businesses will be slow, and second because they can’t afford to hold people on for things to look up in in March/spring, and third because many probably will be skeptical that things will look up enough to keep people on anyway.
But all in all it’s mostly a gut feeling from 30 years in business, and although I am not American, I know business in USA is harsher regarding these things than what is normal in Europe.