The Second Tech Bubble Has Burst, And Here Come The Mass Layoffs

Sunday, February 28, 2016
By Paul Martin

by Tyler Durden

“Failure is often just around the corner.” In this case failure means much more than just a few billionaires reseting their bubble-level valuation marks back to reality: it means that for millions of ordinary Americans who jumped on the second tech bubble bandwagon, the hangover from the party of the last few years is just around the corner. Said otherwise, the mass layoffs have arrived.

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