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Middle-aged unemployment—only Bitcoin and US stocks can help you get back on your feet
More and more ordinary people in China are becoming unemployed
Recently, several of my classmates have been laid off—some from big tech companies, others from small companies.
In 2024, a friend who was laid off from a small company still hasn’t found a job.
If someone is laid off from a big company and goes to a small one, then the people laid off at small companies basically have no way out.
A lot of people with lower education and a small-company background—whose employment base was once the biggest in Beijing.
In the wave of internet wealth-making, if you didn’t manage to cash in, you basically became social cannon fodder.
Fortunately, the crypto space gave a lot of opportunities—otherwise I might be pedaling a tricycle for a living right now.
Honestly, the current harsh job market is beyond what you can imagine.
Even delivering food requires professional interviews, and salaries are down a lot compared with a few years ago.
In an economic downturn cycle, no matter how you try to struggle, everything goes wrong—Zou Shiming is a great example.
For ordinary people, besides trading crypto and investing in US stocks, there really aren’t many chances to turn things around.