Sonnet 008 - VIII
Music to hear, why hear'st thou music sadly?
Sweets with sweets war not, joy delights in joy:
Why lov'st thou that which thou receiv'st not gladly,
Or else receiv'st with pleasure thine annoy?
If the true concord of well-tuned sounds,
By unions married, do offend thine ear,
They do but sweetly chide thee, who confounds
In singleness the parts that thou shouldst bear.
Mark how one string, sweet husband to …
One obvious reason this could be the case, despite the stimulus impact of the war, is that a lot of dotcoms / tech companies are highly sensitive to the stock market, VC funding, etc.
IOW, revenue from the stock market & VC funding suddenly disappeared, leaving them at the mercy of high rate loans, due to the historically high Russian central bank key rate.
And so, huge swathes of high tech are at risk of debt spirals and ever-increasing rates on loans.
Went to Marfa to celebrate our 25th anniversary. Photos are Bitter Sugar coffee, Motel, a lit firebird hood in our room, and the bathtub. Visited friend Chris at Sticks & Bones, had an amazing sandwich at Bordo, ate at Margaret’s and LaVenture. Quick stop at Chinati Foundation as it was closing. My first trip to West Texas, I’d only gone East and North before. Texas is really big. #marfa #texas #roadtrip #bittersugar #sticksandbones
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You know the North Koreans are getting owned when I can share a new, 4 minute long video of them getting owned and owned and owned by a plethora of drone strikes, AND share an article about how they are getting owned and owned and owned by cluster munitions, to what appears to be an even greater degree.
This situation actually reminds me a bit of the dotcom bubble collapse in the late '90s / early '00s, with slight differences.
Declining stocks & VC led to a bunch of startups initially being unable to obtain additional funding. To make matters worse, ad demand started falling, leading to lower revenues for ad-based internet services.
In this case, a decline of ad demand is trailing dotcom revenue shortages. I suspect currency & stock weakness & a slowing econ…