The metaverse, NFTs, and some aspects of cryptocurrency, or those technologies which don’t have immediate monetary value, will continue to fall out of favor, Mr. Kanchi said.
ECONOMY
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Economic Downturn to Hit Crypto, Neobanks, Startups Hard Mid-2027
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“The downturn has kind of started but it hasn’t hit bottom and will get bad, very quickly, likely sometime mid next year,” says @weschan He expects lower demand for marginal or luxury areas like crypto, grocery and food delivery services, “neobanks,” and high-end travel, beauty.
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Tech Layoffs Signal Worsening Business Outlook and Market Shift
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Tech Layoffs Reflect Worsening Outlook. Enterprise technology so far has been a relative bright spot. That may continue, but with a growing emphasis on services crucial to running a business and can be monetized right away. https://
wsj.com/articles/analy
sis-tech-layoffs-reflect-worsening-outlook-11667523187
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Twitter’s $1bn annual debt burden from leveraged buyout
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Yeah I find it pretty frustrating that Twitter-the-company is now on the hook for $1bn/year interest payments pay off the loan that was effectively used to reward the previous shareholders with a tidy multiple
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Stocks Generate Value Beyond Trading Unlike Cryptocurrency
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Dividends are exactly why I find stocks to be a different thing to crypto trading – you're investing in assets that generate additional value outside of the trading
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Amazon’s Financial Strength vs Twitter’s Billion Dollar Debt Burden
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Amazon can afford to pay well. Twitter now owes $1bn/year in interest payments, which is more than they've ever made in profit.
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Musk’s Twitter Lenders Prepare to Hold $127 Billion Debt
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I mean at this point it wouldn't surprise me. The banks don't see to think they'll get their money back https://
reuters.com/business/finan
ce/musks-lenders-prepare-hold-127-bln-twitter-debt-books-until-early-2023-ft-2022-11-01/
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Major layoffs after acquisition raise questions about decision-making
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Imagine firing half the company a week after you bought it and being confident that you made good decisions https://
t.co/M1cMnzUXll -
Blockchain profit mechanisms and zero-sum economics explained
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How do you make money on it without other people losing that money to you (minus the fee that goes to the miners/validators)?
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Educated Populace Key to Long-Term Economic Growth
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Overall, though, an educated populace is the key to long-term growth.