It’s about to get absolutely stupid. Like I know everyone thinks things are bonkers now, but up until this week vendors I work with, that supply electronic equipment either partially or entirely manufactured in China, were still honoring quotes created weeks ago. This week we’re being told that quotes we’ve had in the works for weeks or months are now likely going to be pulled and not honored, and that was BEFORE this additional increase. We’re talking large spend that’s likely going to be delayed indefinitely, which will almost certainly shrink the entire GDP and cause mass layoffs, and we’ll be in a depression before we know it. I wish I was being hyperbolic, but I’m watching multi million dollar spends planned for the better part of a year evaporate because quotes won’t be honored.
It’s about to get absolutely stupid. Like I know everyone thinks things are bonkers now, but up until this week vendors I work with, that supply electronic equipment either partially or entirely manufactured in China, were still honoring quotes created weeks ago. This week we’re being told that quotes we’ve had in the works for weeks or months are now likely going to be pulled and not honored, and that was BEFORE this additional increase. We’re talking large spend that’s likely going to be delayed indefinitely, which will almost certainly shrink the entire GDP and cause mass layoffs, and we’ll be in a depression before we know it. I wish I was being hyperbolic, but I’m watching multi million dollar spends planned for the better part of a year evaporate because quotes won’t be honored.