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cl42
searching PlanetScale…
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44 ms
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541.
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cl42
6y ago
I just want to say that this is extremely eloquent and well-written. I aspire to write like this. I also agree with you.
542.
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cl42
6y ago
I generally agree with you, but there are two counterpoints that I think we should keep in mind: * "The passage of time is really all it takes to turn a liquidity problem into a solvency problem." - Powell * This is true as long a
543.
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cl42
6y ago
100% agree with you.
544.
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cl42
6y ago
This is true as long as your currency is a reserve currency and people are willing to access it, buy bonds denominated in it, etc. The central bank can print money and inflate debt away as long as it's seen as the asset of last resort.
545.
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cl42
6y ago
> When you throw a wrench into their cash flow, those owners decide maybe the time is right for retirement. Apparently 100,000 small business owners decided on some version of this already. (From the article.)
546.
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cl42
6y ago
Oh, that's a much more eloquent interpretation. Also a bit scary, but I think you're right.
547.
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cl42
6y ago
I agree with you. Anyone talking about a recovery this year is delusional -- the IMF chart is really meant to show that... Even if things open up this quarter, it'll take until 2022 to get back to where we were before this all happened
548.
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cl42
6y ago
I wish that were the case here. I think cannabis and alcohol sales are up 10x, but no road work getting done. :)
549.
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cl42
6y ago
Interesting idea! How would you differentiate between the two? I guess with a reset, you stop everything, turn it all off, and turn it back on. Is that what you mean?
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The Covid-19 Economy: We won't recover until 2022
(chimerais.com)
58 points
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cl42
6y ago
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34 comments
551.
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China's digital currency and competitive advantage during the Covid-19 recovery
(chimerais.com)
1 points
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cl42
6y ago
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552.
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Ask HN: What news topics do you follow and wish there was a newsletter for?
1 points
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cl42
6y ago
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0 comments
553.
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cl42
6y ago
I think the point he’s making is that you didn’t take enough time to validate either way. If you do this with every idea you can launch and shut down 12 companies a year and not give any one a real chance of validation.
554.
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cl42
6y ago
I'm not saying it's impossible ; just because it might have worked for Jason Cohen doesn't mean you should expect such a short timeframe to work for you. That was also his 4th startup, I believe... As Jason says in his int
555.
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cl42
6y ago
> I just spent about three weeks bootstrapping a SaaS as a solo founder. For context, you can read my description of it here, and I’ve talked about the inspiration behind it and motivations here and here. ... wow, that's crazy fas
556.
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cl42
6y ago
Hospitals are actually suffering economically as a result of this entire crisis, too. They are postponing and cancelling more profitable elective procedures[1]. If anything, they're incentivized to underreport the # of cases. [1] See t
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Elements for a New Growth Narrative (OECD PDF)
(oecd.org)
1 points
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cl42
6y ago
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0 comments
558.
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PySINDy: Python Package for Sparse Identification of Nonlinear Dynamics in Data
(arxiv.org)
3 points
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cl42
7y ago
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0 comments
559.
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cl42
7y ago
WOAH! Online Town... Never heard of it, but that's so cool. Thanks for mentioning it. I'm going to reach out to the founders because I love this... THANKS AGAIN!!
560.
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cl42
7y ago
I think this is 100% buildable in WeChat, not to mention its existing location-based services. I'd argue it's easier to build that feature into WeChat than all the other features into Fortnite.
561.
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cl42
7y ago
Personally, I feel like WeChat or other superapps are closer to a metaverse than Fortnight. You can build mini-apps, you can spend money, it's independent from the underlying hardware -- i.e., you can run them anywhere and they provide
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cl42
7y ago
This is a bit of a self-promotional piece, but I put together a simple website that extracts sentences related to COVID-19 and economics/finance news: https://chimerais.com/covid19 I try to write a blog post once or tw
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Global Leaders on Post-Covid-19 Futures
(chimerais.com)
1 points
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cl42
7y ago
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564.
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cl42
7y ago
This is a great name!! For those who aren't familiar, there's a famous graph data set about a karate club: https://en.wikipedia.org/wiki/Zachary%27s_karate_club Thanks for bringing me back to undergrad... :)
565.
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The shapes of the Covid-19 economy: V, U, W, L, or?
(chimerais.com)
1 points
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cl42
7y ago
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0 comments
566.
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cl42
7y ago
Yes! +1
567.
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cl42
7y ago
Have you thought of turning your wrappers into a service/SaaS offering? Sounds valuable!!
568.
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Covid-19: Plans, debts, and a framework for analyzing long-term risk
(chimerais.com)
1 points
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cl42
7y ago
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0 comments
569.
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cl42
7y ago
Seriously, “Please document you’re code in the first place” is a great post to promote! :)
570.
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cl42
7y ago
For context, posted after this: https://news.ycombinator.com/item?id=22677161
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