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Through The Web
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Facebook's Troubles Aren't Unique to Facebook
Facebook's troubles and a lot of other companies troubles, whether it's with the bloating of hiring too many staff or now having advertised as scale back. I think the main reason is because of higher interest rates. So because of this, like companies can't take out as much debt. They had too much debt in the first place because the interest rates are so low. As soon as those rates start to rise, then everything kind of gets shaky. And I think that's kind of what we're seeing at the moment.
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