Noah Smith 🐇🇺🇦@Noahpinion
@tszzl Deflation from technological advances produces recessions in the short term
federalreserve.gov/econres/ifdp/a…
5:45 AM · Nov 17, 2022
8 Reposts · 132 Likes
Matthew Yglesias@mattyglesias
It can be easy to miss this but there are two parallel discourses — one that's like "of course FTX was a scam, all crypto is a scam" and the other is like "of course FTX was a scam, FTX was working with regulators and abandoning the true faith of DeFi and Bitcoin maximalism."
Matthew Zeitlin @MattZeitlin
one interesting discourse note is that of course people with strong anti-crypto priors are all over the ftx story and generally running with the most negative take on it and claiming vindication (as is often justified), but so are *pro* crypto people, especially bitcoin maxis
1:46 PM · Nov 17, 2022
24 Reposts · 399 Likes
Matt Darling 🌐🏗️@besttrousers
During Trump's announcement, the PredictIt price for "Trump will be the GOP nominee" went *down*.
4:30 PM · Nov 16, 2022
14 Reposts · 231 Likes
Mike Masnick@mmasnick
Larry David getting sued for getting paid by a crypto exchange to promote it, wherein the promotion is Larry David playing Larry David claiming not to get crypto and not to think it's worth buying into... is both very Larry David... and very crypto.
Variety @Variety
Larry David, Tom Brady, Stephen Curry, Other Celebs Sued Over FTX Crypto Exchange Collapse https://t.co/U9iQlmmghs
11:42 PM · Nov 16, 2022
1.69K Reposts · 12.8K Likes
Matthew Yglesias@mattyglesias
Maximum Canada is beating One Billion Americans and I'm sad.
Ben Rabidoux @BenRabidoux
US population: ~333 million
Population growth in the past year: 944,000
Canada population: ~39 million
Population growth in the past year: 703,000
2:04 PM · Nov 17, 2022
13 Reposts · 262 Likes
Josh Barro@jbarro
No, because the whole point of crypto is scams. This is like trying to have a regulated Ponzi market.
Garrett @notgarrettblack
@jbarro Do you think we will finally see some sort of comprehensive regulatory structure around crypto? Feels like we are just relearning every financial lesson of the barely regulated late 19th and early 20th century.
3:03 PM · Nov 17, 2022
217 Reposts · 1.69K Likes
Reds Are Parody Baseball Team@Johannes356
@jbarro That is not true. There is also the money laundering component.
3:04 PM · Nov 17, 2022
20 Reposts · 468 Likes
Emily Ann Ramos 🥑@EngineerEmily
I know you are not supposed to read the comments and this comment was meant to be negative, but this mades me so proud of the work I did to get @LucasRamirezMV re-elected. #IntegrateOurCommunities
3:24 PM · Nov 17, 2022
3 Reposts · 31 Likes
Michael Kofman@KofmanMichael
Sat down for another discussion with Ryan Evans @EvansRyan202 on the course of the war. We talk about implications of UA victory in Kherson, and what the winter might bring. Tune in if interested. @WarOnTheRocks
warontherocks.com
The Liberation of Kherson and the Next Phase of the War - War on the Rocks
4:15 PM · Nov 17, 2022
42 Reposts · 222 Likes
Mark Gongloff@markgongloff
Seems kind of huge: Food prices are now clearly *deflating* - @JavierBlas
bloomberg.com/opinion/articl…
6:02 PM · Nov 16, 2022
140 Reposts · 721 Likes
Caleb Watney@calebwatney
The difficulty of pivoting or redeploying a scientific grant after a dead-end has been discovered is one of the forces pushing scientists to prioritize incremental, "safe" research.
5:20 PM · Nov 17, 2022
16 Reposts · 84 Likes
Lora Kolodny@lorakolodny
GM expects EV profits to be comparable to gas vehicles by 2025, years ahead of schedule cnb.cx/3EDsxWO via @CNBC by @MikeWayland
cnb.cx
GM expects EV profits to be comparable to gas vehicles by 2025, years ahead of schedule
9:45 PM · Nov 17, 2022
14 Reposts · 72 Likes
Damion Schubert, Zen Designer@ZenOfDesign
11:31 PM · Nov 17, 2022
131 Reposts · 652 Likes
Threads
• Highlights from the FTX 'first day declaration', they apparently lent billions of dollars to SBF, the guy handling this is the same person who handled the Enron case, and he says this one is worse.