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547610831 t1_je34rg3 wrote

The thing that always kills me about economics is how much of a self-fulfilling prophecy it is. A lot of companies are doing fine and are still laying off workers just based on the fear of an economic downturn that may or may not come. Of course if those layoffs spread enough then it creates the very downturn everyone was afraid of. It's all just a mind game.

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phdoofus t1_je3hfod wrote

That's not 'economics' per se. That would not be something you pick up in an economics graduate program but probably something you pick up from your colleagues who think just like you because of 'prevalent business school think'

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