This seems to be the norm. Liabilities get too high and the business rolls up into bankruptcy. Individuals have their wages garnished till their debt is repaid. I feel like there should be an onus on the board/executive team till the settlement is reach. But I don't really know what would be the most fair and scaleable to other instances of this.
RedPander
I could actually see engagement staying relatively the same since most people are probably popping Reddit open for a few minutes, maybe engaging, then moving on.
What I do find odd is how consistent Posts per minute are over time. But it doesn't dip or rise with comments. So now I'm wondering how automated a lot of posting is.
Thanks! You rock.
Looks like it's mostly just an explanation of why the heck we have inflation targets in the first place.
I did not know that the practice started in New Zealand, TIL.
Oof, pay wall, and I'm not paying the NYTimes again.
While inflation is good for the economy because it pressures buyers to well buy, rather than horde capital. We have had a massive amount of inflation in the last 3 years, alongside businesses 'overcharging' which is making the average person feel inflation even harder. We should be working to lower inflation as much as possible for the next few quarters at least while moving the interest rate up. The trick is doing so without causing a recession. But the free money hose needs to be turned off since the only people getting soaked are those with capital already.
Looks like Reddit is down, which is probably taking down the site.
Very nice! Thanks for sharing this.
For me at this point I think Steve Huffman would need to step down along with a step back of their changes. I can't trust the platform given his track record.
I'm curious if you directed the users of those subs to any particular alternative?
I mean, apparently they are already bleeding money, but I doubt that these changes are going to do much to help in that regard.
Honestly, even a year ago I don't think I would have imagined this happening. I wasn't around for the Digg -> Reddit migration but I wonder if this feels a bit like that.
I was thinking it would happen at midnight (some local time) but the trickle of subs has been pretty neat actually.
This one is great!
It's also low hanging fruit, since the state could drag their feet on redistricting until it's too close to the 2024 election. So the party doesn't lose seats and the Supreme Courts gets to say they threw human decency a bone.