Covid lockdowns and supply chain disruptions raised prices which should have been temporarily but there wasn't enough incentive/pressure to lower them so we're experiencing 'elevated' inflation higher than normal under current conditions. Combined with capital being funneled only few areas (AI) leads to disruption of companies and employment too. I suspect we're in a correction but needent be extreme or prolonged, only find an equilibrium.
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[ 3.0 ms ] story [ 20.7 ms ] threadyeah it's pretty bad