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:
Why the Fed Sends Mixed Messages on Rate Cuts By Ryan McMaken
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.
US Debt Reaches $34 Trillion By Jonathan Newman
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.
What's 34T amongst friends? Europe definitely cracking. Canada too.
What does the 824877 refer to?
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.
At least we can be dumb together, cowboy.
Just checked the mempool. Yup. Should have caught that initially.
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