
‘The Big Short’ investor who predicted the 2008 crash warns the market is ‘underestimating’ the economic impact of DOGE’s mass spending cuts
https://www.yahoo.com/finance/news/big-short-investor-predicted-2008-181733029.html
by JR0D007

‘The Big Short’ investor who predicted the 2008 crash warns the market is ‘underestimating’ the economic impact of DOGE’s mass spending cuts
https://www.yahoo.com/finance/news/big-short-investor-predicted-2008-181733029.html
by JR0D007
3 comments
All you need to have is two brain cells to understand the broader economical impact of the DOGE’s shitshow.
Mass layoffs can boost short-term profits, but they also reduce consumer spending, which can slow down the economy. If companies keep cutting jobs to stay afloat, it might signal deeper economic issues ahead.
He’s probably right this time
But it’s too obvious
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