Why compare debt against GDP? For a person, debt to income ratio is important, but I think debt to assets is a better indicator of how likely the debt is likely to be paid off (vs being defaulted.) For the US, if you divide debt ($33T) by assets ($270T), that ratio is just 12%. This ratio will grow into a big problem only in a massively deflationary scenario when the value of all assets goes down a lot while debt stays constant. In an inflationary scenario, 12% is not a problem.
I like Taleb's writings and agree with him on most things, but seems to me that the sky is not falling.
(Obtained the debt and asset values from Google Bard)
I am the founder/CEO of an early stage startup, and we're looking for Node/React/full stack developers, plus anyone with experience with building applications on top of LLMs. We have some revenue and a good pipeline of leads. We're bootstrapped for now and depending on how things go in the next 4-5 months, we will raise external funding. The gig length is flexible -- can be short term (1-3 months) or longer. If we raise money and if we like each other, this may convert into a full time role, but no guarantees. My post on the "Who's hiring" October thread got me one developer (we'll start working together this week), so trying this again.
Congrats on shipping! I like the uncluttered format.
When there are no search results (e.g. "finance"), the result is a blank screen instead of something like "no podcasts found, try another search". The other thing is, search seems to be based on the podcast title/description instead of individual podcasts.
I'm new to podcasts, so pardon this question - is it possible to use the "scroll bar" to fast-forward? I use this quite a bit on Youtube. Also, is it possible to change the playback speed?
(Hopefully my comment will not get flagged as spam.) Is there a forum for finding developers willing to work for equity? Or, can I post what I'm looking for here?
I am the founder/CEO of an early stage startup, and we're looking for Node/React/full stack developers. We have some revenue and a good pipeline of leads. We're bootstrapped for now and depending on how things go in the next 4-5 months, we will raise external funding. The gig length is flexible -- can be short-term (1-3 months) or longer. If we raise money and if we like each other, this may convert into a full time role, but no guarantees.
I like Taleb's writings and agree with him on most things, but seems to me that the sky is not falling.
(Obtained the debt and asset values from Google Bard)