Not true about the 100k, this will definitely hurt. Already in my space, a Big-5 firm is quietly looking to replace and roll off all their H1B Indians. In a few weeks 20+ years of suppositions by the technocrats just got upended. Next up AI Bubble bursting...when 40 billion in costs runs up against 20 billion in revenue each month.
+1 for noticing the AI.
Karl Denninger (market-ticker.org) has been on a tear about it recently, but even places like ZeroHedge are beginning to point it out now.
This will crater the stock market.
obviously you know more than I, but when US students commonly take on $100 k of college debt, why Indian families not going to mobilize their resources for this?