teddit

an observation (that may come off as insensitive):

some of the people with the strongest emotional reaction to the recent market downturn are those whose near-term lives won't materially change.

no immediate plans to buy a home, retire, pay for school, etc. no liquidity needs, no LPs to whom they need to deliver.

helping build farcaster | surfing @ venice, ca | eating @ gjusta / gjelina | “lucky me, lucky mud”

Sure that might be some people. Plenty of the rest of us are in the first order of impact of these policies, and pretty much everyone will be in the second, third and so forth. The reason this pause came today is because we were within days of supply chain impacts becoming unavoidable. It's not just about finances, it's literally about availability and cost of goods which impacts everyone.