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U.S. economy will see 'more things break' in 2025 if rates stay high, strategist says (www.cnbc.com)

submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 5 months ago (1 children)

Those companies will be bought for pennies on the dollar. The only way large corporations innovate is to buy their competitors and their IP.

[–] [email protected] -1 points 5 months ago

There's definitely going to be some of that happening. It's worth noting that a lot of the companies don't even have a business model though. This is especially true in tech sector where companies largely live of VC funding without being profitable on their own. Once that funding dries up, these companies go belly up real fast.