EigenLayer 2024

PSA sizable rate cut coming for borrowers this week.

If you enjoy these, or find they resonate with your own experience, there are 460 more bits in my Excellent Advice for Living book, all neatly bound between hard covers, in a handy size, ready to gift to a person younger than yourself. amzn.to/3UmkC85

4/6

All this borrowing has many worried.

Two more statistics:

The average interest rate the Federal Government is paying ...

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Yearly federal spending is $6.24 trillion or 22.3% of the US economy (or nominal GDP).

Like the deficit chart above, the only time the government has spent this much as a % of GDP is when trying to get the economy out of a recession.

The economy is in year 4 of a

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This separates Federal revenues (orange) and spending (blue).

The difference is the deficit (middle panel).

The bottom panel (black) shows that taxes only cover 73% of federal spending. The other 27% has to be borrowed.

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The deficit as a % of GDP (bottom), now 5.93%, is higher than in any period except the Great Recession (2007 - 2009) and the 2020 COVID shutdown (dotted line).

The government is borrowing to spend money like the economy is trying to recover from a recession.

How did so many Latin American countries decrease inequality by so much since the year 2000?

1. Much better education

2. Faster economic growth

3. Progressive redistribution

🇧🇷🇲🇽🇵🇪🇦🇷🇺🇾🇵🇾🇧🇴🇨🇴🇸🇻🇳🇮🇬🇹🇭🇳🇵🇦🇨🇷🇪🇨🇨🇱

noahpinion.blog/p/how-latin-am…

Not sure if I am considered hyper productive, nor do I program. But this is basically me, and I like it.

Privacy in physical space is rapidly decreasing. Better privacy online is one of the few tools we have to restore a little bit of balance.

Privacy is normal. Support privacy.

power laws in all things

fam, there is a new girl in the gym that is very attractive.

i need y'alls thoughts and prayers

This is bad.

Crypto is not just about trading tokens, it's part of a broader ethos of protecting freedom and privacy and keeping power in the hands of the little guy.

And these values unfortunately continue to be under attack, globally.

the value accrues to the execution layer.

youtu.be/Us-M2LQVgNE

The day you begin to see that it’s immortal souls that you’re engaging with—not merely bodies, nor personas, nor carriers of ideas—is the day your life changes forever.

Bitcoin is now at block height 840,000

The halving has occurred!

The block subsidy is now 3.125 BTC

🌗🌗🌗🌗

Blockhash = 0000000000000000000320283a032748cef8227873ff4872689bf23f1cda83a5

Unfathomable level of accomplishment!the world has agreed on something 840,000 in a row!

Congratulations! 🥳

Block: 840,000

✅

6 months of going back to the gym with effective gym time of 5. Comparing to ExRx my squat and bench press are back at intermediate level, my OHP is at novice and my deadlift is lagging by around 5%. Not bad for newbie like gains. I might be able to hit PR on some lifts. 💪

“What is the gospel and why does that provide the security and identity that you talk about so often?” Listen to Scottie answer that question and listen to so many other golden nuggets in the full pod that is out now 🚨🗣️📱