Never worked during a recession, and I have no idea how it affects larger tech companies compared to finance companies. How should I prepare in the possible case of an upcoming recession? Stay at one company and try to climb as high as possible? Start my own company and hope that I’ll be one of the last ones riding the wave, as raising investments will be extremely hard for the next few years? I have some studying left, so I figured that I could always go back if I’ll end up getting fired during a recession.
You’ve already done the most important step: you were born in USA. Forget about it, you’re too young yo be worried about it. You live in USA, nobody’s ever hungry or on streets involuntarily here.
Guns. Ammo. Ramen. Water. Diamonds. Or CTFO Even in the 2nd worst recession of the last 100 years, employment was at 91%. Take another hit of the kush. You’ll be fine. Cheers.
Diamonds have a really bad resell value. Gold is the real deal.
Just don’t get into a ton of debt. All those fools that rely on selling their RSUs as soon as they vest in order to pay their big mortgages will be homless if the market tanks.
Im also a rising senior in college and I feel what youre saying. I’m not really sure what exactly is the best call to action for us. I just want to recruit for full time as soon as possible while everyones still hiring
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This is the 121st consecutive month of US economic growth, totally unprecedented. Unemployment too is at record low. Stop being paranoid and enjoy life.
Username checks. But really tho, I just realized that I have no backup plans whatsoever. I’m not investing and I might graduate just at the worst possible moment since 07/08. There must be something that I could do.
Gap between executives and working class is also at an all time high, wage has been almost stagnant for past 25 years, while executive salary went from 20x to around 40x median employee salary of same company during that time