I really don’t want to play this game, but I’ll bite: If homeownership was the only way to build wealth, Romania would’t be among the poorest countries in Europe and Switzerland would’t be among the richest.
Carl E. Heastie @CarlHeastie
Core CPI inflation forecasts for 2022-Q4 from the Survey of Professional Forecasters:
Nov-21: 2.4%
Feb-22: 2.6%
May-22: 3.5%
Aug-22: 4.6%
Nov-22: 5.7%
Actual: 4.1%
Inflation way below recent forecasts, but above what had been expected 9+ months ago.
"some kind of degrowth" oh you mean you want less of the things you think are bad and more of things you think are good just like everyone else except you want to pitch it as a program of austerity to make it sound offputting but virtuous, or in other words "radical"
When Putin proposed his Christmas ceasefire he speaks of "contact line in Ukraine" - ignoring his own previous statements about it being "Russian soil". Hardly anyone in Russia treats recent "referendum results" in occupied Ukraine seriously
en.kremlin.ru/events/preside…
Bennett Murray @BDMurray
Debt ceiling showdown should be in May / early June per this new Janet Yellen letter home.treasury.gov/system/files/1…
State of the Twitterverse for Twitterrific, Tweetbot other third party apps. Spoiler alert, we don’t know much yet! blog.iconfactory.com/2023/01/state-…
I think we can all agree the funniest story of the last three years is all the VCs/tech people becoming inflation hawks because it was a good narrative to pump their crypto bags.
And then the Fed hiked rates and their industry was the first to get vaporized.
This New Yorker article is wild. The more you learn about quantum computing, the more it blows your mind.
China, 2018: We just want peaceful commerce, we are non-aligned
China, 2020-22: HAHA JUST KIDDING, GUESS WHO'S THE HEGEMON NOW, GIVE US TAIWAN AND PART OF INDIA, WE ARE ASCENDANT
China, 2023: ...We just want peaceful commerce, we are non-aligned