The layoffs are due to higher interest rates. Higher interest rates are due to higher inflation. Higher inflation is due to money printing. Money printing is due to covid and other central bank activities.
> Money printing is due to covid and other central bank activities.
A very small nuanced clarification that you might or might not agree with, but I'd argue that it was the reaction to Covid, and not Covid itself, that led up to the issues we face now and will face for years.
A very small nuanced clarification that you might or might not agree with, but I'd argue that it was the reaction to Covid, and not Covid itself, that led up to the issues we face now and will face for years.