Comments by "HKim0072" (@HKim0072) on "A Massive Wave of Layoffs Sweeps Through China’s Banks: Cut Salaries to $100/Month or Leave" video.

The slow bleed is the worst. In 2008, my former company was afraid of the unknown, but our numbers were never terrible. I ran the department responsible for revenue, so I never felt uneasy because I had full visibility and things weren't bad. After 2009, we felt comfortable enough to hire / give raises again. Basically, about 1.5 years of belt tightening just in case. China keeps tightening slowly and no one knows where the bottom is. Realistically, they've been in a recession for at least 1 year now and no real stimulus. It's mind boggling.
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@beowulf1312 It's a valid point. Just thinking from their perspective and Pooh Bear saying, "hey, we'll lift the lockdowns and things will go back to normal economically". Which to a degree is a somewhat insane assumption. Pooh Bear with his economic training in carrying sticks thought it was like a spigot.
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