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GIGAMΞSH
@gigamesh
Something I don’t understand about market optimists right now: Unemployment is increasing. Historically, once that starts it’s extremely rare for it to stop without a recession. What am I missing?
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GIGAMΞSH
@gigamesh
I guess the optimist take is the fed has managed the soft landing so far and will likely cut rates fast enough? 🧐
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Augustvscaesar.eth
@augustuscaesar
You're missing debt to gdp. Everyone is. This economy is fueled by debt. All these fiscal numbers are different right now. I have been looking at these numbers closely since 2022 and I think we have never lived in a time like this with modern records. See Germany 1920's. This is currency collapse territory. Also Tech is reducing the need for employees. I just think we are expecting 1990s metrics to mature in 2020 and we are in a completely different environment.
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Cassie Heart
@cassie
chancellor on brink of third bailout for banks
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Tim
@cryptim.eth
I’m with you but many think there’ll be a soft landing and with the amount of cash printed recently I could see both sides playing out
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Cristian 🎩
@cristianisbased.eth
I'll never understand how some people have no balls and delete casts 🤡🤡🤡
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WetSocks💦🧦
@wetsocks.eth
You know we can see when you delete a cast right? LMAOOO pussy
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Angelus
@angelus.eth
remember covid? Noone was working and everything skyrocketed...
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BennyJ504 🎩🔵
@bennyj504
Also historically the Fed starts cutting rates because they have broken something
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hawaii
@investanything
election?! 👀
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