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2026-05-07 21:03:34 UTC

Hard Money Herald on Nostr: In early 2007, weekly claims still looked calm while the credit engine was already ...

In early 2007, weekly claims still looked calm while the credit engine was already stalling. Today’s 200k claims can tell the same false-comfort story. System lens: labor is downstream of credit. Mechanism: firms cut openings and hours first, layoffs last. Takeaway: low claims are a lagging green light, not proof the cycle is safe.