• jubilationtcornpone@sh.itjust.works
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    22 hours ago

    We’ve been staving off a recession with little more than sheer denial for quite some time. The Federal Reserve uses unemployment and the consumer price index to gauge economic health but there is a lot that those two metrics can’t account for.

    Skyrocketing consumer debt, which has been going on for a while, is a concerning statistic which tends to get downplayed until it turns into defaults. By the time people start defaulting on their mortgages, the train is already speeding away without any brakes.

  • cyan_mess@lemmy.blahaj.zone
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    22 hours ago

    As someone who writes GPU code for work, the nvidia stock going down makes me happy. We still need a true open source alternative to CUDA, but in the meantime, them losing value is better than the alternative.

  • DonJefe@lemmy.world
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    22 hours ago

    CEOs of these big companies need to realize that we the people are the ones that allow them to make money by buying/using their products. The same way we give it, we can take it away. Align with Trump, and get wrecked!