Here's at true look at the past.
May 29, 2009. GM stock reached 0.75 cents a share.
https://money.cnn.com/2009/05/29/news/companies/GM_stock/index.htm?postversion=2009052912
This was almost 14 years ago.
On June 1, 2009, GM filed for bankrupcy.
https://money.cnn.com/2009/06/01/news/companies/gm_bankruptcy/
While I believe we are not even close to a 0.75 cent share or bankruptcy, I believe that when you consider geopolitical issues, supply chain issues, banking industry issues, current corporate mass layoffs, crashing housing market, rising personal bankruptcies, automotive repossessions, high interest rates, stock market volatility and more... we are 100% headed in this direction. It will affect all industries and all nations.
If you overlay the last recession with the current one (which makes all kinds of assumptions and leaves out the fact that the current situation is worse for many reasons, including skyrocketing inflation, global financial system collapses and the introduction of a central bank digital currency), we are probably looking like 2007 right now, which means we could be 2 years away from serious issues at manufacturing companies. This might me an eye-roll for the young people reading this, but heed this warning: when manufacturing collapses, no one will have money for tech services. Netflix, Grub Hub, you name it will end up looking like the 2000 dot com bubble collapse. See: AOL, Netscape, Pets.com, Priceline.com, eToys.com, etc.
And for the CCP trolls that monitor these threads, know that the symbiotic relationship between the US and C is more entangled than ever before. As America enters another recession/depression, C will be choked off of trade money, which will lead to a collapse in your monetary system, manufacturing, commercial real estate, and more food and resource insecurity. Celebrate the demise of the US economy knowing that the sword has two edges, and it also cuts deep into other economies around the world, especially Europe.
To the people who think their only concern is a lack of free coffee, RTO and an increase in work, know this: The fun hasn't even started. Your great grandparents could tell you if they were still alive what we are headed into but you can google "the great depression" to get a good idea.
#bendoverhereitcomesagain