Nancy in the US

Hi Chris and Mike!

I'm listening to 502 and I'm hoping there's not a bad gateway here. ;-)

Three points so here we go.

1. We need to fully expect in this downturn that remote work is going to get crushed. The company I work for is planning on requiring people to work in the office because they firmly believe that productivity has been lost as a result of remote work. However, they know there's going to be a backlash, so they're trying to ease into it and they're trying to improve the facilities. I think this will probably hit non-tech remote workers more than tech workers.


2. I'm agnostic about macroeconomic forecasting and economic causality discussions. So that said, I think there's been a little bit of a chicken little situation going on with calling for recession. It's an excuse to cull the herd a bit with the larger companies, particularly in order to show growth as you guys were suggesting. In my field, infotech, people laid off. Have been finding jobs pretty quick. Any kind of recession will be sector-based and I don't think we'll be entirely the whole economy; e.g.housing.

3. While I think there's a lot of funny business going on with banks and financers, I think anything in the crypto world, including bitcoin is subject to the same funny business. I have a hard time accepting that cryptocurrency can have scarcity when the code can just be forked and then you can have two different types of coins. Digital currencies are just democratized fiat subject to the same problems of stocks.

Thank you both for the shows!