Translation:
Powell won't let me crash the bond market and cause hyperinflation (in comparison to foreign currencies, at the very least), and that makes me MAD!!!
Seriously, if Trump somehow gets his way and rates end up being cut down to 0-1%, the US will basically immediately see a whole bunch of failed bond auctions, and then the only 'solution' is hyperinflation.
24 hour news (cable and online) got into the habit of basically reporting on the monthly reports like they are gospel, when realistically they are only reliable around November or December. I think the Fed encourages it too because it's quietly one of the levers they can use to inspire foreign investment.
... and almost no one actually checks the revisions to those numbers later, because the ruling class isn't smart, they just have money, for whatever reason.
For the last 2 years, the BLS numbers have been so unreliable, so often revised by huge amounts, that they are just worthless, they're more bullshit than the US media spent the better part of 2 decades saying half the numbers coming out of China were/are.
Wait, this ... is news?
Oh right, I forgot we live in the MAGA cult clownworld timeline.
... and thus 'you' now 'are' stuck in it.
Jesus Christ.
I very well remember seeing the censored version of that image... this is the first time I've seen it uncensored.
I've seen uncensored pics from the highway of death, other graphic shit that made it onto the early days of liveleak... but there ya go, memory hole in action.
I'm more mainline Millennial, possibly 'elder Millennial', grew up in the PNW, heard it in the same way that you did, though possibly more matter of factly and genuienly.
This was when people would call out 'Jordan!' (as in Michael Jordan) prior to attempting a 3 pointer, and then people would shout either 'Brick!' to mean they thought it would miss, or various other phrases to mean they'd think the shot was good.
No clue if this latter part was widespread, regional, or just some weird quirk of my hometown.
It does happen occasionally, from time to time, but, because everything is gasp open source, it tends to get caught, identified, blocked/quarantined and then fixed considerably more rapidly, with decent fallback instructions/procedures in that interim period.
Like apparently it actually just recently happened with some asshole uploading bs malware libs/sources to the AUR... even still, got caught pretty quickly.
Also, you can basically describe the entire CrowdStrike fiasco as exactly this kind of upstream oopsie doopsie.
Doesn't really matter in the big picture if it was intentionally malicious or not, when you Y2K 1/4 of the world's computer systems.
Entirely seriously, yes.
Most project managers I've ever met or known or worked with are basically incompetent technically, and very insecure / in denial about that, and thus vastly prefer the 'safe' option of someone else being responsible over the 'risk' of... hiring actual quality people that can make/support their own quality product.
cough
ri-poached
runs away
So for starters, I agree with Chomsky broadly here, he isn't wrong that... its good to keep up on what a class or segment of people read if you want to know how their brains work, how they think, what they often do not even realize they hold as unchallengeable beliefs... and that when you're in a cultural (?) space for corpos, you get to see what they're actually worried about, vs what they project outward to a more general, mass audience.
To specifically answer your question:
No, it hasn't changed that much.
WSJ, FT, The Economist...
yeah, they're all generally in that same boat, I am just telling you as a former corpo, former executive level data analyst, that most of what is in those is basically just the bougie version of a gossip rag, lifestyle pieces.
A bougie lifestyle piece just is the latest 'enlightened' perspective to have on monetary nterest rate policy or whatever.
Its like Patrick Bateman.
Most of them don't really care, beyond perfecting the brand that is their own corporate persona.
The people that actually know what they are talking about may yes, read these occasionally, semi-regularly, just to generally keep abreast of things, but the really powerful data and announcements are in industry journals, and most of the time, the really important conversations and missives are not publicly available.
If you have access to or know how to read those, you have a 90% chancd of knowing what the FT, WSJ, and Economist are going to be talking about in 6 weeks to 6 months.
Is this truly the amount of mountain-moving we have to do to counteract a single organization's opinion?
It looks like another commenter has already well replied to this, but uh, yes.
thunder crack
Welcome... to the real world.
...
Video games are treats.
Treats only flow by the arcane and abstract machinations of those with power, and those with power are fickle, greedy, and often do not busy themselves with the minutiae of the affairs of the hordes of useless eaters.
I agree with you, the power differential is absurdly vast, the situation is plainly 'unfair' by most viewpoints...
... but the question that matters is what are you going to do about that?
Yep.
I've been one.
Thats how I know what I am saying.
Like you're not even challenging what I'm saying really, you admit that most PMs are technically incompetent, because their job is mainly playing office politics.
It didn't used to be this way.
And it still doesn't have to be.
A good PM is someone who actually knows their relevant field, and can also do some office politics, but much more importantly, is a responsible and helpful team leader.
A person with only an MBA just has a degree in how to play office politics and gaslight people.