I think there’s a lot more balance in the real world that media and social media portray. Most people are good and kind to those around them. Expections just get 99% of the attention.
Good question. I think about it with kids all the time. Going forward I hope education focuses on how to critically think and problem solve and less on pure memorization. But there are some things where even if you forget the details learning the core concepts is critical, especially math and science.
2 current and 1 former US presidential candidates, 1 US senator, 1 US congressman, and 1 Indonesian governor are speaking at the Bitcoin conference. #Bitcoin
PacWest bank lost nearly 1/10th of its deposits in a single week - per WSJ.
Bank runs and insolvency are not solved and remain ongoing issues.
Hitting the US debt limit does NOT mean we have to default on our debt. There are a myriad of other options, namely: reduce spending, reduce headcount, maybe even close pointless departments, or delay new projects. Even with our large deficit there are more than enough tax receipts to cover debt repayment and entitlement spending. Which are the only things the US is absolutely required to spend. Everything else is some degree of optional(I am oversimplifying for brevity).
Any sane entity would reduce spending if their revenue came in lower than expected. If I lost my job I’d immediately cut spending on anything optional, but would still pay my mortgage if I was able. Same general principle.
Totally reasonable. I don’t want it to seem all bad. There’s certainly positive aspects too, and I find much of it interesting and intellectually stimulating. Just always trying to optimize.
Anyone feel like their company has good rules around internal communications and meetings? What works? Meeting free days? No internal email and use slack? Overall I love my job but meetings and emails feel all consuming sometimes.
Such a great idea.
Hobbies: finance, Bitcoin, reading, running, gardening, anything to do with family.
Currently trying to learn some basic coding as my 2023 goal.
In all things in life don’t let perfect be the enemy of good. Don’t expect perfection from yourself or others. All you’ll do is bring yourself and others down. More than anything I think this is the foundational issue plaguing modern society.
Just the fact that a $1 Trillion coin is even being considered or discussed should show you how broken and incompetent our political and Federal Reserve leadership has become.
Fiat money is just an entry in a limitless centralized database controlled by unaccountable morons. #bitcoin
I will not vote for a candidate for any federal US office that refuses to participate in public debates. Public debates are a hallmark of democracy. Any attempt to eliminate them is antithetical to freedom and a healthy democracy. This transcends politics or parties.
Dune Part Two Trailer dropped. Goodbye any other feelings except excitement.
TLDR: Lots of money is being printed, many banks are insolvent or near insolvent, there’s a looming commercial real estate crisis, and a government debt ceiling showdown. And this is all happening simultaneously which could compound each other in unpredictable and fast moving ways that government officials are likely not anticipating.
“Three of the four largest ever U.S. bank failures have occurred in the past two months,” Wall Street Journal
Overall have always really liked the iPhone, but Siri is really bad. If it doesn’t get drastically better or they don’t give the ability to replace it with a 3rd party option, I foresee ditching me iPhone in 1-2 years. Anyone else? #iphone
We don’t need an "Environmental Justice Scorecard," we need to start building a lot of nuclear power plants ASAP.
The 14th biggest bank in the US is dead. All we are doing is debating who gets stuck with the bill.
Facts with nuance: the US does not “have to” default at any time in the near future even if the debt ceiling is not raised. The US government has more than enough revenue to cover what it’s legally required to spend: namely entitlement spending and debt. Much of the rest is ultimately optional, though there’s tons of nuance and I’m generalizing.
Companies if they have a bad year will spend less than their budget. This is always an option. Just because we said we originally wanted to spend X in Y year doesn’t mean we can’t adjust if the economy or tax receipts are worse than forecasted. That is how every sane actor manages their finances, public or private or even single households. If you get laid off you spend less. Common sense.