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Maybe, or maybe she will decide that she doesn't want to work in tech because its not very fulfilling to her and she doesn't want to work 60+hrs a week for a 35 year old boy, in a company where sexual harassment is normal and accepted, where her coworkers think that the only reason she has this job is because the company has a diversity quota. Maybe, just maybe she wants to have a kid and a life outside of work. Money is a good reason to choose tech, but there is a whole lot of other reasons to stay away.
That not new though, hasn't it essentially always been that way? Restaurant business is tough, margins are low, consumers are fickle, and the owner is exposed to all sorts of problems from high rent to high fuel prices and shitty economy. That hasen't seem to have stopped a ton of different new places from opening up in Seattle and many of them have crazy long lines, small portions and high prices.
Doesn't the government own all the student loans? The corporate debt unraveling will be nasty though I think that will be fuel for the next financial crisis. If corporate bankruptcy courts get clogged up and become unable to clear the backlog that will become really nasty really quickly.
Think about that... people living paycheck to paycheck suddenly not getting a paycheck. People who dont have $500 of float would loose 1-2 weeks of salary and wouldn't even be able to file and collect unemployment fast enough to soften the blow. Having that happen in mass is downright scary.
The thing about the housing crisis is that it was really slow to happen and people who were affected by foreclosure actually ended up with a short term income boost due to not having to pay rent. If companies go bankrupt suddenly accounts just get frozen, employees abruptly loose income, and it sends shock waves though the entire system.
All this extra scrutiny is brining to light a bunch of bad actors and policies that have been happening in the background without anyone noticing for probably many years. So in that sense there is hope that something good can come from something bad.
Ha thats funny it does look like the fallout video game.
Winner winner chicken dinner. Perfect analogy because the 60+ y/o man is also a protected class.
Spikes like that are really hard to trade, you know the end result but the difference between making 10x and going to zero is timing. Essentially you have to keep making those high risk timing bets and hope that you get it right often enough to matter. There were probably lots of people that knew Toys R Us was doomed, it was just a matter of when they blew up. Unfortunately if you see that the market isn't reacting at all to the news its really risky to make the bet on failure. If you are an annalist looking at a company that's doing terribly, but at the same time their stock is staying flat or going up there isn't much you can do other than not invest in the company.
And that's why averages are deceiving, most of us with jobs dont even have 8 hrs of free time a day, much less free time where we are located near a TV, but it so happens that half the population is not in the workforce and they can watch TV for 12-16 hrs to make up for everyone else. That being said it would be interesting to see a graph of TV time VS income.
More like selling other peoples shovels for 75C for every dollar of value, taking a 15% cut and still somehow managing to loose a ton of money.