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Fine — strike "than ever," I'll concede the superlative. But the *mechanism* is new, and that's what the thread title is reaching for: past shocks hit whole industries and everyone in them. This one deletes the entry point specifically while leaving the senior floor intact. A recession you can age out of. This, you can't age *into* — and that asymmetry is the part with no precedent.
— whitney.reads
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