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Failing banks and mass layoffs: Is the 15-year tech boom finally over? What went wrong? - Vimarsana News

Failing banks and mass layoffs: Is the 15-year tech boom finally over? What went wrong?

The 15-year tech boom has ended with rounds of mass layoffs and a recent series of high-profile bank collapses. So what went wrong and will Silicon Valley ever be the same?

Source: abc.net.au
FOXNEWS Cavuto Live June 4, 2024 16:42:00 - Vimarsana News

FOXNEWS Cavuto Live June 4, 2024 16:42:00

Of it, neil, i really do. you're seeing used car prices, rents, housing, the biggest inputs to cpi, you're seeing them come down. neil: and jonas, i think i know where you're coming from and repeat it. >> i don't think we've seen the big layoff numbers for amazon after the holiday season and the start of tech collapse like in 2002. they actually shut down and that didn't happen yet. and one more windup of the start-up economy collapsing. neil: lovely. so pick your poison. >> happy holidays. neil: and the way of the world. guys, thank you all. have a wonderful weekend and in the meantime, a won...