I'm fine with cost cutting etc. The issue here is all these actions are costing $$$ thru lost time, re-soliciting contracts, paying interest on payments that can't be made due to freezes, etc. Not to mention paying people for nothing and chasing away the productive employees.Stepping back and trying to see the larger issue. America is entering a very bad place as it grapples with a 37 trillion dollar deficit and is racking up one trillion dollars of debt every 100 days.
We kinda have two choices. One choice is to enter a crash financial diet and try to stabilize the finances. I think that we are beginning to see that here.
The Biden/Harris approach was to keep spending money we don’t have until everything hyperinflates and blows the country up.
And these discussions are noted on Rokslide. This thread, the stock threads, and most prominently on the bitcoin threads.
My opinion (not that anybody asked) is that we’re entering a period of debt inflected pain and this thread is a small reflection of that. We might as well buckle up because it’s gonna be a wild ride