it was a very ugly night and week for tech.
it’s going to continue to be a bloodbath for high growth, high valued, unprofitable tech, especially fintechs
interest rates starting to rise across the globe way earlier than expected, which as I posted a few weeks back
poland
cZech
are just two large economies (zip is in) with heavily growing inflation and two interest rate hikes in more than 15-20 years.
Australia doing all it can to insulate itself against the almost inevitable, but politicians and economies have all eyes on our over inflated property market, and the cost of trying to control inflation.
it is all bubbling away slowly,’preparing for the next cycle which may take another 2-3 years
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