
Jobs Are a Lagging Indicator – Ep 816
The Peter Schiff Show Podcast
00:00
The Mother of All Recessions
All of these companies that were formed around crypto are going to prove to be mal investments. None of this would have happened but for the zero % intrustrate environment that we were in. There are a lot of companies that were born during this era that are going to die when the eror ends. They're only alive as long as the cheap money is flowing. The only reason they have employees is because they're able to pay them by selling stock to investors. And so it happens a lot of those jobs get eliminated during the recession. But that's actually a good thing. Now am i happy that people lose their jobs? No, i'm not happy about it. But they need
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