It means that the Harvard / Chicago driven models that ripped the CCCP apart cannot apply, since there are no more internal market models to be penetrated.
Look: you just got slammed with ~10 mil unemployment in the USA. Call it 10% of workforce. Most developed countries are now running at 15-30% and it's about to get worse.
Entire industries are pretty much relying on bailouts or they fold (leisure, air (non-freight), cruise, hospitality, restaurants) and the people who own the real estate (or lend it out, Reits / Mortgages) are going to get hit by their tenants / clients being unable to pay.
You're not in the "ramp to land" scenario - you're in "this VC is going to look at the contract and claw back the largest % of capital they can, in the next 4 weeks, due to margin calls and other commitments".
Anyhow: no-one will read this, but it's fair warning to you guys. You're about to get frack'd, hard.
You cannot disrupt a market if the market itself ceases to exist. This is basic stuff.
A whole load of VC stuff relies upon the larger market to predate, has stupidly vapid IPO targets (which the actual big boys, Central Banks, are now culling off, since their actual liquidity stuff like Reits etc are crashing) and basically 100% worthless business models.
"Juicer" or whatever it was?
Go look up what Glencore is doing (20% emerging markets just disappeared) and get back to this thread and start figuring out an exit.
No-one in this thread seems to note this: try finding some ex-Soviet citizens who lived through 89-96 and ask them some serious questions.
~
Seriously: I was told HN was were the semi-smart tech people hung out.
92 comments no-one noticed that Cstross' Zombies weren't actually zombies qua zombies & the entire twist was that 'finding and feeding a zombie before it became truly dead' was his 1st chapter. i.e. If you find and feed a "zombie" chicken nuggets, its brain ceases to degrade.[1]
It's a riff on Metaphysical P-Zombies and Cognition hidden in his usual "here's the guff that gets you a sale pitch in modern media" coupled with a "What if Mind [i]thought[/i] it was a zombie, but wasn't, and Humans did not act like the movies, but as if they were plague victims".
92 comments: no-one spotted the philosophy. Or the kinda obvious morality hit-you-with-a-sledge-hammer meta-tale.
As a note: HackerNews seems to not have noticed this at all or read the entire piece.
OH, and it's probably not going to be published because the entire Western world just proved that in a Capitalist system, they're going to back-stab each other over contracts, run prices past gouging and into actual piracy between NATO states and the like.
But. 92 comments, and none of you spotted even the basics.
[1] Mr Stross might be aware of the "Chicken Tendies" meme. He probably is, seems clued up about Frogs and Alt-Right memeology these days.
(Won't get upvotes, but edited because formatting was wrong)
Yep.
HN: Dumb Money. Rip their faces off.