201–210 of 318 posts
Now figure out how many "who is hiring?" threads have been posted on Saturday, Sunday or a national holiday in the US and compares those numbers against any others. Months when the 1st falls on a Saturday or Sunday. May & October 2016 January, April, July & October 2017 April, July, September & December 2018 June, September, December 2019 February, March, August & November 2020 May & August 2021 January, May, October…
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Does anyone have any idea _why_ there's a peak in Q1 2020?
So that appears to be a fun edge case with that quick SQL query! The spike was in March which was the start of the COVID-19 pandemic in the United States/shelter-in-place, which was a time of odd behavior and so a spike wouldn't be too weird. It turns out that dang posted a special whoishiring soon after which was massively popular: https://news.ycombinator.com/item?id=22665398 I thought I filtered out nonstandard th…
More pernicious than ? is . though. Not that it matters in your case, but a lot of matches really can be "oops, a one character substitution totally matches, too".
I don't know the intention of the author, but I see like a lot of "Look, it's happening! The economy is going down!" posts pop up these days. Which may be true, but it can also be a self-fulfilling profecy if everyone is doing that on all platforms. Which would be a shame. I'm not saying HN and other platforms should censor (/ take action) either. It's just a thought I have on this subject, and I don't know if there…
"Look, it's happening! The economy is going down!" I agree this can be a self fulfilling prophecy. A lot of larger tech companies were announcing hiring freezes or restructuring months ago to get ahead of the downturn. But I also think we could restate the quote above in ways that are actually true. For example, a lot of these posts are startups and monetary policy is slowing or shrinking the money available for VC.…
Alternately, I think a lot of companies are using the spector of a recession as cover for reducing unproductive or unnecessary headcount.
Over-hiring is an issue that's difficult to correct. If you do a round of layoffs, the perception is that you're in financial duress. This can affect investor and consumer confidence.
It's also difficult to explain to the public and to employees "oops, mia culpa! We asked you to upend your life to take a job with us, but our bad, we don't really need you."
I see it as similar to the way a lot of businesses implemented cost-cutting measures during covid that they had very much wanted to do, but couldn't because of the worry that they'd lose a competitive edge. Many of these measures had nothing to do with public safety and everything to do with cost cutting.
Well, third quarter in the row — now it is finally a recession, or what?
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It is still wild to me that this is the approach we are taking, things are getting too expensive so let's shrink the economy. That can't be the best solution. We are throwing the baby out with the bathwater.
Not shrink. Slow the growth of. Decelerate is different from stop. The real problem isn't any particular position, velocity, nor even acceleration. Those can all be planned for. It's the 4th time-derivative, jerk, that messes us up.
Literally nothing can be planned for. Compare the Fed dot plots at any given meeting since 2008 with actual rates a year, or three years hence. Look at the BoE and BoJ flail wildly around right now, absolutely shocked by the consequences of their own actions less than a year ago.
These people have arguably a worse predictive ability than the canonical South Park Chicken ritual.
Central Banking is the only industry I know of in which you can be catastrophically wrong, always, and retain job security. Great gig, if you can swing it.
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https://www.financialsamurai.com/best-time-to-start-a-busine... “ The Best Time To Start A Business Is During A Downturn”
Financial Samurai strikes me as sadistic. His post about Mr. Money Mustache's divorce is pretty horrible example of soulless SEO headings kicking a rival blogger when down https://www.financialsamurai.com/mmm-divorce/
I found the post you linked to overly verbose as these bloggers often are. They make lists and sections and go on tangents on what could be a 300-500 word essay. I think he could have excluded the backstory and just focused on how important it is that your partner be onboard the FIRE/extreme frugality lifestyle. So I think it’s poorly written and not an enjoyable article. However, it’s a pretty damn important message and difficult to talk about until someone prominent that is serving as a poster child for the FIRE niche like MMM goes through it publicly.
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Crypto itself, or at least the bubble, was an unintended byproduct of low interest rates and lax securities enforcement. The low interest environment is intended to spurn the monied rich into investing in productive businesses, but "innovators" instead invented crypto assets and lauded them as the second coming of Mansa Musa, siphoning nearly a trillion dollars out of the productive economy. Clever crypto "innovators…
What is the government outlet here?
One reason is that crypto is down and the flurry of random crypto startups are absent right now. Compare the number of posts in December 2021 for reference, which was peak crypto of recent times.
Crypto itself, or at least the bubble, was an unintended byproduct of low interest rates and lax securities enforcement. The low interest environment is intended to spurn the monied rich into investing in productive businesses, but "innovators" instead invented crypto assets and lauded them as the second coming of Mansa Musa, siphoning nearly a trillion dollars out of the productive economy. Clever crypto "innovators…
Not exactly correct. While the global crypto market cap is currently around a trillion dollars (and was higher in the recent past), this is vastly different than it being the case that a trillion dollars was invested in crypto (i.e., "siphoned out" of the rest of the economy).
In fact, according to one estimate, in 2021 global crypto investment was $30.2 billion [1]. (I don't quickly see estimates for 2022.) For comparison, US gross private domestic investment across all industries was $4.1 trillion in 2021 [2] and globally it was several times that. While $30 billion is nothing to sneeze at when considered on its own, crypto investment is a rounding error when compared with global investment.
[1] https://home.kpmg/xx/en/home/media/press-releases/2022/02/to... [2] See Table 1.1.5. Gross Domestic Product at https://apps.bea.gov/iTable/iTable.cfm?reqid=19&step=3&isuri...
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So that appears to be a fun edge case with that quick SQL query! The spike was in March which was the start of the COVID-19 pandemic in the United States/shelter-in-place, which was a time of odd behavior and so a spike wouldn't be too weird. It turns out that dang posted a special whoishiring soon after which was massively popular: https://news.ycombinator.com/item?id=22665398 I thought I filtered out nonstandard th…
This is part of why I prefer to use LIKE directly when the thing I'm doing isn't actually a regexp. Then again, it's equally easy to screw up the %, but I feel it's maybe more visible (due to the less common characters). [My primary reason is clarity for the reader, so they don't have to attempt to parse the potential regexp]. More pernicious than ? is . though. Not that it matters in your case, but a lot of matches…
Although in my work I tend to use REGEXP_CONTAINS() as an efficient multifilter for different inputs, which speeds things up too.
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It is still wild to me that this is the approach we are taking, things are getting too expensive so let's shrink the economy. That can't be the best solution. We are throwing the baby out with the bathwater.
It's the only way we know of to stop greed/fomo running rampant. Folks need to be put in a time-out to cool off and force them to reprioritize. We like to think of the market as this calculated and rational entity. It's far from that, in fact it's closer to the opposite of that. The other option is to do price control, but that won't fly in capitalism.
Price control doesn't fly in any economic system. Putting a legal floor or ceiling on the price anything doesn't affect what it actually costs to produce it.