Comment Re: China stops pretending (Score 1) 21
You obviously haven't been to a Chinese business meeting. I've done it once and it was the most obscene display of decadence I've ever seen
Trump put us there.
The war is speeding it up, but the market has been sucking wind since 2023, it's just sucking harder now.
Same pattern as the other recessions I've lived through. First R&D (aka software engineers, etc) gets steady cuts with whatever lie makes the Wall Street cocaine cowboys bonkers hard (Covid over-hiring, AI advances, etc). Then it spreads to the broader economy. Then they throw in the towel and stop lying about the state of the economy when their pet stock market starts melting down, so they have an excuse to fire up the money printer.
Line Printer paper is strongest at the perforations.