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hollyhoppet wrote

for what it's worth, early covid and about three years years after the start covid were kind of minor collapses, at least for some subsections of the industry

i've also started to think maybe one of the things that prevents actual collapse is the yearly mass layoffs. the financial distress of what would be a collapse is instead passed onto laborers, so we're basically having a collapse every year while businesses cruise above that with great end-of-fiscal-year numbers since they cut so much staff.

which... sucks. a big whole lot lmao

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