So it continues.

  • zaphod@lemmy.ca
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    1 year ago

    Because FAANG is the entire economy? Please.

    Step out of the SV bubble and you’ll see the economy is fine. The fact that tech was dumb and overextended themselves during and shortly after COVID while relying on ZIRP to fund those expenditures doesn’t mean everyone else did.

    • qyron@sopuli.xyz
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      1 year ago

      You are going to have to unfold all of those acronyms before we can move forward with this conversation.

      I don’t have the palest of ideas of what you are trying to convey.

      • zaphod@lemmy.ca
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        1 year ago

        ZIRP - zero interest rate policy. Very common term for anyone following macroeconomic policy since 2008.

        Given the group we’re in I hope I don’t have to explain the rest.

        • maynarkh@feddit.nl
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          11 months ago

          the group we’re in

          This esteemed Lemmy community of experts in technology news (that are mostly Muskrat memes, new phone apps and news about companies that may have had an app at some point).

          I think you’re somehow setting too high a bar for the average internet user. Don’t worry, it’s hard not to.

        • qyron@sopuli.xyz
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          1 year ago

          Thank you.

          But… Why do you assume I have instant knowledge of acronyms because I opted to insert a comment on a topic that teased my interest? Does it pressuposes anything about my person?