further confirmation of what the average american is feeling
Inflation is RED hot in the US.
For anyone not keeping track, US CPI inflation is now nearly double the Fed's 2% target and US PPI Inflation is more than triple that target.
PPI inflation was expected to fall in August, but instead it surged to 6.3%, its second highest level in 4 years.
And, month-over-month Headline PPI inflation surged +1.3%, more than doubling the +0.6% expected and the second largest jump since March 2021.
Meanwhile, month-over-month Core PPI inflation came in +133% above expectations.
The prices Americans are seeing now will look cheap in 12 to 24 months.
All you can do is own assets.
The “American Dream” is a myth at this point. In its place, a global dream where you suck up American-level income and spend it elsewhere ✌🏻
And I say thank you for the scars, and the guilt and the pain
Every tear I've never cried has sealed your fucking fate
Did you take me for a fool or were you just too blind to see
That every effort made has failed and there is no destroying me?
calbear retweeted
We’ve officially launched a limited test of @limitbreak first mobile game: Puzzle Panic!
Now live on iOS in New Zealand, Australia, and Singapore.
calbear retweeted
We’ve officially launched a limited test of @limitbreak first mobile game: Puzzle Panic!
Now live on iOS in New Zealand, Australia, and Singapore.
calbear retweeted
Limit Break is building a next-generation blockchain experience.
Be the first to know when testnet opens. 👇
calbear retweeted
Last year we introduced Apptokens, Limit Break AMM, and the idea of programmable markets.
Since then, we’ve been preparing that system for open review.
The LBAMM public audit begins February 23rd with $150,000 in rewards.
calbear retweeted
🚨 A new $150,000 Guardian Defender contest is coming soon.
Hunt for bugs in @limitbreak’s AMM — Critical, High, and Medium severities will all be eligible for payouts.
Full details and how to participate below 👇
Sick of Trump’s abhorrent policies? An economic strike is the only thing that’s going to open their eyes. #resistandunsubscribe #resistICE
See here: resistandunsubscribe.com/
tech workers with $1m+ SV mortgages are in big trouble
US tech workers are automating themselves:
The technology sector now reflects ~2.3% of total US employment, the lowest since early 2021.
This percentage peaked around the ChatGPT launch in November 2022 and has fallen over the last 3 years.
Over this period, employment in Computing Infrastructure, Data Processing, Web Hosting, Web Search, and Computer Systems Design Services has shed -91,000 jobs.
This reverses a 20-year uptrend in tech employment.
Meanwhile, software development job postings on Indeed have dropped -71% since the February 2022 peak.
Postings are now -33% below pre-pandemic levels.
Employment in tech is rapidly declining.
Proud (partial) owner of a Mythic Digi 🤝
1/ 🚨NFT ANNOUNCEMENT
Today together with DigiCult we've officially acquired one of the five unique @DigiDaigaku Mythic sets for a total of 15 ETH in a private deal with @varrock.
Holdings:
1 Mythic Genesis - Titania
1 Mythic Hero - Bahamut
1 Mythic Super Villain - Whisperer Of Duality
1 Mythic Giant Dragon - Mater Natura
Now @CultofDigi.
People complain about ai bot replies on X, but honestly all digital communication is going up in flames. In addition to neverending spam texts, I also get >5 of these scam calls/day. Different #, similar voicemail message. I essentially decline every call at this point
