I just found out that a friend of mine was laid off yesterday.  It doesn’t seem to be dying down at all.  How far will this downward spiral continue?

Company lays off employees, laid-off employees cut back spending, less spending causes poor company results, company lays-off more employees to cut expenses.  You can see the vicious cycle.

How long before all the false money is gone?   Will it go beyond the false money, then jump back up?  Time will tell.

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