Thread regarding Thomson Reuters layoffs

The Big Picture

I know most of you don't want to hear this, because you can't handle the truth if it isn't "Everything is AWESOME!" But nonetheless, the truth is the truth, so here it is.

Worldwide, Emerging Markets are in full scale crash mode, including China. Stock markets, economy, currencies, it's on and it's happening.

Western Nations, the most gigantic housing bubbles ever seen in history are popping everywhere from Europe to North America. We know that ad revenue has been in serious decline for years and conveniently blamed it on the internet, but the internet has been with us for 20 years and ad revenue did fine.

Suffice to say, we are seeing a downturn take place. It will happen whether you choose to believe it or not, whether you're been wise with your money and credit or been foolish. Either way, this will hit and it will be far worse than any dare to imagine.

Go ahead, mock and rag me all you like. In 6 months you will eat every word.

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Post ID: @OP+VrZq0jS

2 replies (most recent on top)

sh-- hit the fan

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Post ID: @1jtg+VrZq0jS

Things are great and what you suggest will NEVER happen!

The only thing sure to happen is that a DUMBO like you will INDEED get canned!

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Post ID: @1ooh+VrZq0jS

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