this post was submitted on 25 Jul 2023
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[โ€“] [email protected] 8 points 1 year ago* (last edited 1 year ago) (1 children)

interest rate hikes, VCs are demanding their money back and companies are scrambling to become profitable/more profitable.

Edit: forgot to address the other point, they don't really care about us spreading ideas as long as we don't actually threaten their power. There is absolutely 0 threat of a socialist revolution anywhere in the west right now