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/biz/ - Business & Finance

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58948885 No.58948885 [Reply] [Original]

It’s becoming pretty clear—we're staring down a serious economic slump. And no, I’m not talking about a random currycel moving from India to Sweden.

The truth is, nearly every company is feeling the pressure right now. We all kind of saw that blockchain, IoT, and Web 3.0 weren’t going to deliver the revolution they promised, but the bigger shock is how even AI and electric vehicles are flopping from a financial standpoint.

Take Amazon’s "automated" supermarket. Remember the one with no cashiers, just cameras tracking what you take and charging your card automatically? Well, turns out it wasn’t as cutting-edge as they made it sound. There were teams of people—mostly offshore—manually calculating the totals while you shopped. Yeah, that actually went down.

Then look at Bitcoin—once seen as the future of currency, now it's barely holding on. Ethereum? It’s not faring much better. Honestly, I’m thinking about going back to the basics and investing in Coca-Cola. At least it feels like a safe bet in times like this.

If you’re not sitting on a stable job or a secure income stream, it’s going to be rough. The next few years? They’re not looking great from where I’m sitting.

Am I missing something here? Where are the industries actually thriving right now?

>> No.58948913

>>58948885
KO stock is based, they profit from controlling fresh water supplies and forcing third worlders to drink goysyrup. They are also the only company allowed to import coca leaves into the USA. I'm drinking a coca cola right now wearing full coke pajamas

>> No.58948915

Why does it matter if you use Filipinos or AI? Human labor is always going to drop to be cheaper than machines, because humans need to eat.

>> No.58948929

>>58948885
Watching patrick boyle videos on goytube does not constitute an economics education. Why is it that every time normies learn something they become total pessimists? Next you're gonna say something something freddie mac something adjustables

>> No.58948955
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58948955

>tfw working in healthcare
Healthcare is the fastest growing industry in the US right now because the only thing that’s guaranteed is that Americans are going to continue getting more fat, sick, and broke. I have all the job security in the world, and my company stands to double or triple its size in the next few years. My financial advice is to invest in healthcare and pharmaceuticals.

>> No.58948967

>>58948955
I work on the software side of the healthcare industry, and let me tell you… it’s a fucking mess. I wouldn’t bet on healthcare stocks. Just because nurses are in high demand doesn’t mean the industry is profitable.