Facebook & Amazon readies for Recession | Trappin Tuesday's (Wallstreet Trapper)
Trappin Tuesday's
Wallstreet Looks Like Us Now Network
4.9 • 2K Ratings
🗓️ 18 November 2022
⏱️ 18 minutes
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| 0:00.0 | Right big tech is for paying for recession. So one of the things I want to realize is this y'all |
| 0:15.3 | when a company is growing fast, when a company is growing fast. |
| 0:26.0 | When that growth slows down, |
| 0:29.0 | it has to find a way to have to, watch this, y'all, watch this word, |
| 0:31.0 | sustainable growth in the |
| 0:35.0 | in the slowdown things. |
| 0:41.0 | Sustainable growth, right there round and put it in your brain. All right, so let me show you what I'm talking about. |
| 0:43.4 | Let's go, man. |
| 0:45.4 | Now, check this out. |
| 0:48.4 | Watch this. |
| 0:49.8 | Facebook cuts 11,000 jobs. |
| 0:53.4 | We're talking about sustainable growth here. |
| 0:54.9 | Watch this, watch this. |
| 0:56.8 | So the reason why Facebook was plummeting, |
| 1:02.0 | it wasn't because of just what Apple did. It was it's respond to Apple. It's |
| 1:08.6 | respond to Tim Cook was this. I'm gonna invest 10 billion dollars a year in a metaverse until 2030. |
| 1:14.0 | People like, wait, bro, you don't loss your goddamn mind. |
| 1:17.0 | You want me to wait for the next eight years. |
| 1:19.0 | Remember, the market is emotional. |
| 1:22.0 | You want the way eight years for you put this together. But we need money now |
| 1:27.2 | So what we don't realize is this. Yes, Facebook did lose user group before. |
| 1:37.0 | But what hurt them more was during a recession he was still willing to spend $10 billion for the next |
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