The economic depression will not be televised.
Bless journalists for believing "AI" is taking jobs. The jobs are moving to India. No US oil corps get oil through "Hormuz" & there's no valid reason for increasing gas prices, but I'll give this article a C+ for reporting the elephant in the room.
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The American household just took an 81% margin cut. Wall Street hasn’t priced it in | Fortune
The economy is treating the oil shock like a temporary inflation problem. It's actually a household solvency problem, and the risk is radiating.