granted i am a bit of schadenfreude at the thought of poor poor megabanks having to pay....fees...
2,789 karma · joined May 29, 2011
still on 5800x (non-x3d)
Debt per GDP/size of US economy is more useful. Debt/GDP has the 2008 jump as the Obama Admin tried to (but not nearly enough) stimulate out of the housing crisis. Debt/GDP looks flat until 2020.
2008 and 2020 jumps make sense in the setting the 2008 crisis and COVID which was effectively a recession assuming you believe in Keynesian economics.
Paying for US debt if you are the US is cheap when interest rates low. Trump/Bessent/Elon have been doing everything they can to drive up inflation, so now interest rates are necessarily going higher...
That being said, I feel like a lot of the web-based tech, device tech etc came out of the liberal/leftist university environments, i.e. BSD unix, CERN, linux ish type projects. Berkeley/Stanford/MIT etc. So the culture of a lot of people who were rank and file and enthusiastic about this stuff from had this mindset.
It's almost like that's not the important thing.
Kinda like how political hit jobs just mentions "emails were hacked"; whether the emails had nuclear codes or the target's dry cleaning receipts is not important...