Jason Calacanis on "The Death Spiral" | Hacker News Reader

Jason Calacanis on "The Death Spiral"

altgate.com

10 pointsfnazeeri13 comments

Ok, I know it looks dark out there, but to me Jason Calacanis is basically like Jim Cramer - it pays to bet against him. In my opinion the huge amount of stimulus out there just takes time to filter down to recreate optimism. Governments are under pressure to take action NOW, but anything they do is going to take 6-12 months to take effect, so they keep piling it on. So they take action after action, until BOOM another bubble. Those who have jobs are paying half what they did 6 months ago for gas, plus we're looking at 1% interest rates, copious availability of government credit. Plus I think world wide, there'll be a celebration next week (Bush is Gone!). It might be restrained, but I think it'll happen.

I, for one, plan to buy a new Canon 5d ($3k) at the end of November. Even if my job evaporates. Especially if my job evaporates.

Plus that whole Digg to 50 m uniques? Trust me, not going to happen. At least not without new leadership.

The celebration of Bush being gone will only happen if McCain doesn't win. I'm from Europe (Netherlands) and I sure hope it won't happen but I don't trust the polls one bit.

There's that whole "hope" theme. And lots and lots of people voted early, in the midst of this awful financial mess. They're immune from last minute turnarounds.

I think you're overestimating the short-term impact the election will have.

I'm worried about the result, and I do think it will only be short-term, but I don't think I'm overestimating the impact. 8 years of security theatre, either you're with the terrorists or you're against us, taking money from the poor to give to the rich, overblown right wing ideology, all perceived overnight as evaporated. It's not the final reality of a democratic president (which will almost certainly be mixed), but the perception of newfound freedom for a day or two. Its going to be huge.

tada:

http://tinypaste.com/pre.php?id=4ea66

How long's it take to join a mailing list and get the content the way Calacanis requests? Seriously, guys. Just do it, it's worth the 25 seconds.

That didn't last long. Anyone aware of any other leaked copies please? wikileaks.org?

What's your email? I can forward it to you.

The email did say "do not reprint."

While I agree that it shouldn't be reprinted per the instructions on the email, it's sort of inevitable when he sends it to 10kish people.

Shouldn't be an excuse for the behavior.

It's not an excuse - it's a reason. Jason should expect this to happen and act accordingly instead of feigning "outrage". I do like his $1 idea though.

Maybe I'm just cynical, but when thousands of people are involved in anything, I pretty much expect idiotic things to happen.

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