Three reasons for techmageddon right now. (1) USA had a boomer savings bubble 2010-2022 with boomers in the peak savings years of their lives, resulting in the lowest interest rates in a century, never to return, (2) Covid19 created a work from home and therefore tech bubble, pulling lots of demand forward, (c) IMHO after a decade of lies from FAANGs about how easy it is to get a $200k salary, and how easy it is to sustain these 60hr/wk jobs (impossible; turnover rates are very very high on purpose), all schools are overproducing CS grads. The three of these mistakes have created a perfect storm, worse than the Y2000 bubble ...