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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
byQbertino ( 265505 ) writes:
People are buying less, especially in the US, where tariffs and recurring budget-overruns/lockdowns and non-sensical tax policies put significant pressure on regular people. Add to that more and more optimization, bots and AI doing an increasing portion of physical and mental labor and you've got the perfect storm of overall job-loss. Especially in Orgs such as Amazon that already bank on optimizing huge portions of the consumer-trade economy and have their sole purpose in doing exactly that.
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bymjwx ( 966435 ) writes:
People are buying less, especially in the US, where tariffs and recurring budget-overruns/lockdowns and non-sensical tax policies put significant pressure on regular people. Add to that more and more optimization, bots and AI doing an increasing portion of physical and mental labor and you've got the perfect storm of overall job-loss. Especially in Orgs such as Amazon that already bank on optimizing huge portions of the consumer-trade economy and have their sole purpose in doing exactly that.
The entire world is going into savings mode on the expectation that the other shoe is about to drop, but I suspect the footwear has already started falling in the US.
With the amount of personal debt the average American carries, specifically unsecured debt (read: not your house or car) it's going to be a blood bath when easy credit stops being given out... again. It's not even been 20 years since the last time.
The ROTW will be somewhat better insulated although places like the UK or Australia are not
byRealMelancon ( 4422677 ) writes:
And Donald Trump tariffs are making sure everyone hates the US, and are slowly looking at alternatives to Google, AWS, and Azure. Once they go away from these services, they will not come back.
bySkjellifetti2 ( 7600738 ) writes:
People are buying less, especially in the US...
No, consumers are not buying less [apnews.com]. This is one of the paradoxes of recent US economic performance. The consumer sentiment surveys [apnews.com] suggest that consumers are very down on the economy, but that doesn't seem to have affected their spending.
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