It seems like we're getting close. Europe is already sliding into recession, Chinese foreign investment has cratered, and people I meet irl are talking about the economy crashing soon.
Here are a couple of recent Mises Institute articles to kick off todays recession conversation:
The Fed's muddled messaging helps to illustrate how the Fed seeks to serve various political interests while also trying to avoid the political pitfalls of both high price inflation and economic stagnation.
Total public debt reached $34,001,493,655,565.48 at the end of 2023, with over $2.5 trillion added since the end of 2022.
Add to that the BOE are technically bankrupt and are being bailed out due to their holdings of Gov Bonds, whose prices are falling due to the CB own policies! It's getting crazy out there...
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What's 34T amongst friends? Europe definitely cracking. Canada too.
What does the 824877 refer to?
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I think it's the block height. It's one of the numbers SN displays along with current price and some other stuff. I figured I should adopt Bitcoin time for my SN posts.
If that's not what that number is, then I plead dumbness as my defense.
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At least we can be dumb together, cowboy.
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Just checked the mempool. Yup. Should have caught that initially.
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