Hello fellow rebel capitalists hope you're well.

C NBC just revealed a smoking gun in my opinion

that shows the US economy is either in recession right now or headed there very quickly.

Let's go right over to their website and check out this story title surveys a sickness legacy of weirdness okay I'll give you my opinion on that in just a moment. Layoffs spread, but some employers can't hire fast enough.

So this is this bizarre discrepancy with most of the data and the unemployment numbers.

We've been talking about it on this channel a lot,

and it's a headscratcher where you've got this establishment number

that says,

oh my gosh, the economy's on fire.

Companies can't hire fast enough.

This is the tightest labor market we have ever seen in our life.

Therefore, it proves the economy is booming and then you see all the other

data that says no the economy is not booming in, the economy isn't even flatlining.

The economy is slowing down to a significant degree.

But going into this article, I think reveals the nuance that's so important and helps

us really put the pieces of the puzzle together.

Layoffs have recent...

And now I'm going over with the key talking points, by the way. Layoffs have recent, and now I'm going over with the key talking points by the way, layoffs have recently expanded beyond tech giants like Microsoft and Amazon.

Not sure Amazon is a tech giant, but you guys have heard this in the news. I mean every single day you open up

C. M. B.C. or Bloomberg or whatever. It's nothing but layoffs, layoffs, layoffs, layoffs layoffs with all of these corporations but yet you go down to the local

Chipotle and they've got a sign of it right here and it's nothing but we're hiring, we're increasing pay by 20%, you know, come work for us.

Next key talking point, service industries such as hospitalities and restaurants have been hiring to rebuild after the survey sickness.

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