2022-11-24
Slow Boring
The US Fed raising interest rates faster than expected is driving the crypto crash, tech layoffs, and more, as companies value “money now” over long-term bets
Less investment in longshot speculation (crypto) — It's more costly to waste money (layoffs at profitable tech companies) — Costly long-term plays (Disney+) look worse https://www.slowboring.com/... B...
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