4min chapter

Let's Appreciate cover image

Reversion to Reality: How Big Tech Impacts the Economy

Let's Appreciate

CHAPTER

The Effect of Higher Interest Rates on Tech Companies

As the economy slows down, it will be interesting. I'm kind of excited to see the reallocation of labor and capital to different industries. Non-zero rates as a reason why the tech recession is happening. Tech companies can't survive in a world of higher interest rates. There's also planned obsolescence. The era of smoothie machines and three catered meals may be over.

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