While I've never used Symfony, when I've tinkered in Laravel it felt like the frameworks were pretty similar (if you've ever used Laravel).
If you want to do something more 'cloud native' in Ruby, you could use something like Ruby on Jets (at its core it uses AWS's API Gateway and Lambda, but can be extended for other AWS services with events)
In moderate to high inflation, usually this leads to raising of interest rates, which ironically makes money more valuable, not from an asset standpoint but from a liquidity standpoint. Assets (in real value) generally don't fare very well in high inflation / high interest rate environments though.
Since liquidity / credit is hard to come by, business have a hard time starting new ventures. For business that do make it through these environments, they usually are much healthier but (potentially) slower growing -- less VC pumped companies that are only (potentially) profitable due to scale
With that being said, we thankfully/shouldn't end up in that situation as the fed has stated they will keep raising rates (and we luckily have a strong labor market currently to support this) and want a softening in labor market (which hampers wage-spiral inflation as well as driving demand side down) which based on last weeks numbers shows we are not close to achieving, and they want real positive returns across the entire yield -- which we are quite a ways from as well based on the last reported inflation numbers:
https://home.treasury.gov/resource-center/data-chart-center/...
Since inflation is being driven by supply side constraints, new businesses in theory should emerge in these areas. In the long run, supply constraints should fall to a more manageable level, so prices should fall thus increasing demand and we end up ideally in a nice equilibrium
Going back to your point though, while money is an asset, it's also a form of trade. Money is way better medium of exchange than say bartering where say I may have a chicken for sale but I have enough milk right now, and so I won't take your milk unless the price is astronomically good -- leading to very inefficient markets. The early history of united states currency is fascinating, as no one really trusted what currency was really worth (many issuers) -- also leading to inefficient markets.
https://www.youtube.com/watch?v=-zkADfv0boQ
In more recent years we moved away from the gold standard, and currently are in fiat. In a fiat system, the value of the dollar is very tightly correlated with bonds and treasuries of the country -- which are backed by the tax payer base of that country. Here in the united states, we are lucky to have one of the largest educated and wealthy workforces in the world with high property rights, high freedom, and relatively speaking higher equality -- definitely not perfect, but better than most places. Hence why US bonds are considered "risk free". Currencies are complicated as these too can be assets and the FX market is 10x the size of the bond market. These can be manipulated, such as via interest rates as well (as we are currently witnessing)
Without that you can potentially pull this off with taxes, but in theory this leads to deadweight loss (how much so I believe has been of debate, and inelastic vs elastic items will vary a lot), and could lead to potential capital flight and brain draining so is a tricky lever to pull
Sorry I went on a bit of tangent/rant. Also, I'm a software developer and not an economist and only have taken a couple of classes in uni and highschool specifically to econ (I was a finance major though) so take this with a grain of salt, but I do find this stuff fascinating
Student deserve the college experience as that's what they pay for.
Some students pay a lot of money to go to a university that has brand recognition, others pay a lot of money to go to a school that's known to be a great party school. If you're 18, going to one of the latter schools, and you look at the statistics of death rates for each age group, you're definitely going to go and party.
I think asking an 18 year old who's thinking, "well I'm still paying this much and everyone else got to do it" to recognize the sacrifice is an extremely high bar to ask of them
Yeah, there's really no reason for them too. If they are able to do interstellar travel, resource harvesting (from asteroids, comets, moons, planets, and suns) is relatively simple.
The thing is, I don't think it'd matter technologically. I don't think a kardashev 1 civilization could ever catch up to a kardashev 2 civilization.
Maybe once they've reached a "technological plateau" it becomes mutually assured destruction? But instead of nukes, it's targeted gamma-ray bursts? Who knows...
The main goal of any species is to survive/reproduce.
We don't know if there's any other intelligent life in the universe, or how common it is. The one thing we do know is that we haven't found any.
There could be many reasons for this, and one of those is the Fermi Paradox (great filter).
Whether this is a real thing or not we don't know, but by establishing sustainable settlements in space, we hedge against the idea of us dying out via ourselves, asteroids, etc.
I don't work in IB or PE so take what I put with a grain of salt, just what I've learned.
Also, you know markets aren't near efficient when people invest in $ZOOM and not $ZM and when Elon tweets $TSLA stock is too high.
You can look at daily gainers and losers and watch them over the course of the week. They are extremely volatile.
If you're talking about the S&P500 it's a little easier to do. A little over 50% of the value of S&P 500 is the top 50 companies by weight. The top 100 equate to 70% and the top 250 equate to 90%.
You can always buy a new stereo and install it. If you buy it from Crutchfield, for like $19 extra, you can get it prewired/harnessed so you don't have to splice the wires. Pretty sweet deal.
Also, some stereos come with a backup cam. This has to be spliced in though.
HUGE NOTE: I bought a 4.5-star receiver on Crutchfield, but the receiver didn't have Sirius XM on it, so I basically don't have radio (unless I use an app on my phone to stream the radio). I don't listen to the radio often so it's not a huge deal for me, just something to be aware of.
Yeah, that's definitely a good way to do it as long as the kid doesn't feel like they're being forced.
It's sorta tough though with them choosing because if I was in 9th grade again and had the option, I don't know if I'd choose a programming curriculum.
It reminds me of the Steve Jobs quote, "People don't know what they want until you show it to them."
I too was the middle kid. Here's my own anecdotal advice:
I started slacking in school from about 3rd-9th grade.
I found programming between 9th-10th grade during the summer through pretty much sheer dumb luck, timing, and being in the perfect environment.
After that, my grades improved, confidence improved, everything improved.
The school system may not be able to offer your kid the opportunity they need to really find the inspiration that can kick them into drive.
Maybe try to expose them to as many things as you can, and see what clicks?
Another thing is how they learn.
I learned through modding video games and could see instant results, via changing just a few variables, of what programming could do, and would share these with my friends.
This instant gratification and social "confirmation" from my friends, as well as the communities I joined, really pushed me forward. Plus, I really enjoyed it.
Shortly after modding video games, I tried getting into creating websites but didn't quite see the instant gratification or have the social "confirmation" to push me as hard as I did with modding video games.
The spread (bid-ask spread) is the difference between the bid (what the seller is willing to accept to sell it) and the ask (what the buyer is willing to pay for it).
When you buy a stock, you're buying at the ask price, when you sell you're selling at the bid price. The difference is what the clearer keeps.
On a grand scale, it's hard to tell, as the market is so big. When you break it down, there is the stock market, then there's the derivative market, the bond market, the housing market, foreign markets, crypto markets, and on and on. You also have to look at previous crashes and see what sticks out from past lessons.
With the stock market, you can look at average P/E ratios over time for the Nasdaq and get somewhat of an estimate. To dig a little deeper, you can look at individual sectors index, such as the Nasdaq Biotechnology Index - NBI
Derivatives market - Deutsch Bank last year was facing a semi crisis mode due to having too big of an open derivatives position. What was it? Idk, I didn't dig too deep. Derivatives markets are still, well, derived from an underlying product. So in theory, if you find the product, you find the bubble. Something like soymeal futures last year, is a good example.
Bond market - falling due to increasing rates. 1981-82 was caused by interest rate hikes, to fight inflation, but they were like 15-17%. We're struggling to get the glorified 2% inflation. Granted this is all what's reported to us, who really knows.
Foreign markets - A lot of countries for the past couple years have been in the shitter, in terms of GDP - Russia, Canada, Mexico, Brazil, Australia, etc. Then there are countries who have cooled off - UK, Germany, China, etc. However, the US and India just keep charging up the hill. Also, a lot of it is based on speculation. China a couple weeks ago announced that they had tied last years GDP growth, when analysts thought they were gonna miss. Regardless, this is still one piece to a massive puzzle. If you look at participation rate through out the world, http://data.worldbank.org/indicator/SL.TLF.CACT.ZS?page=2 it's been falling. This could be explained by an aging population of basically all WW2 countries - http://www.worldatlas.com/articles/countries-with-the-larges.... As well all know fine and well here, this may not be a big problem YET due to automation. In other words, it's hard to truly tell where and which pillar could break, that could really push this beast downward.
Crypto markets - the fun new kid on the block. Super entertaining to watch people hodl and meme about it, but is still no where near the size needed to cause a correction.
A few other interesting things I've seen floating around:
The VIX is at an all time low. Someone commented somewhere that they believe this is due to too many people believing there's gonna be a crash soon. As such, they're holding more cash than usual.
Around $4.2 trillion is now tied up in index funds. As such, if there is a panic in the index fund market, it could cause a crash. Idk about the validity of this one though, market makers could easily prop it, and buy on the panic and sell when it's cooled off.
https://en.wikipedia.org/wiki/HiQ_Labs_v._LinkedIn