Why the market is crashing

Good Intercept article. The hypothetical cause is the jobs report showing we're nearing full employment. And that leads to higher wages, which were also reported, because companies can't abuse workers with lower wages when their is no reserve, unemployed work force. The rising wages indicates inflation, which then leads the Fed to raise interest rates to slow down the economy and inflation. Higher interest rates also cause a move from stocks to bonds, hence the market adjustment. It's a totally f__ked up economy that requires high unemployment and low wages to keep working.