IBM Has Collapsed This Past Week, thelayoff.com Deletes Rumours of Mass Layoffs in the United States
Earlier today: IBM's Silent Mass Layoffs to Last Another Month, Rumour That Another Wave is Happening Right Now (thelayoff.com has since then censored that thread, but there is another)
"IBM was trading around $163 in early June and will be back there shortly," says this new comment. "The runup to $237 was AK promising Wall St growth rates that never materialized."
IBM is debt-saddled and it having a really tough time. It censors people using NDAs of dubious legality and the silent mass layoffs will go on for another month, based on credible media reports. The stock's "value" is based on a lie. The company rapidly loses its biggest asset: the brains.
It is worth noting that GAFAM and IBM are partly sustained by subsidies or contracts from the US government, including the military (DoD). That money does not exactly come out of a vacuum. The US national debt rose by 400 BILLION dollars in just TWO MONTHS and rose by 700 billion dollars in 3 months! See below. It's the pace of 2.5-3 trillion dollars per year (in additional debt). The interest of the debt alone now exceeds all the military budget of the US combined. Visa is having a crisis right now. █
