Comment by cpursley
You don’t believe the recent economic numbers? I’m not disagreeing with you, just curious about other takes (and generally very skeptical of funny money printer go burrr economic things vs real economy meaning real output).
You don’t believe the recent economic numbers? I’m not disagreeing with you, just curious about other takes (and generally very skeptical of funny money printer go burrr economic things vs real economy meaning real output).
There has been a lot of discussion on this recently in the blog-o-sphere. All conclusions I've seen so far are that the economy is basically fine and maybe people's expectations have risen (I'm oversimplifying). I'm also quite eager to hear different conclusions, because there is a lot of cognitive dissonance on the economy right now.
- https://www.slowboring.com/p/you-can-afford-a-tradlife
- https://www.slowboring.com/p/affordability-is-just-high-nomi...
- https://thezvi.substack.com/p/the-revolution-of-rising-expec...
- https://open.substack.com/pub/astralcodexten/p/vibecession-m...
Truth be told, it is more complicated than a "tanking" economy so you will get headlines like this: https://www.bbc.com/news/articles/c62n9ynzrdpo but that's because it is a K-shaped economy: https://www.theguardian.com/business/2025/dec/07/stock-price... thanks to the stock market and AI investment. The job market especially for entry level tech jobs is also essentially screwed whether that's due to AI or something else, who even knows anymore: https://www.aljazeera.com/economy/2025/12/16/us-unemployment...