Adam
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adamgoodtime.bsky.social
Adam
@adamgoodtime.bsky.social
Into politics, technology, capital markets and their intersections.
Pinned
We don’t honor the past by copying it, but by finishing what it started.
Basic needs pile up, you need more stuff to function, more redundancies, phone plan and broadband say, some of it is relative, you need more car more house to not fall into relative poverty which does affect people’s wellbeing, credentialism is expensive to keep up with, people live longer have
You can of course drive down costs of this or that, but overall America is roughly as affordable to live in today as it has been at any point in history. That's incontrovertible, even if some specific categories, like housing, are artificially higher than they need to be.
November 9, 2025 at 12:07 PM
Reposted by Adam
the relationship between how many units of CPI a person can buy — as reckoned (inevitably differently) by any of various statistical agencies which are doing the best they can — and economic welfare is extremely weak except over very short periods of time.
November 9, 2025 at 6:27 AM
True, Musk paying the largest tax bill in history though, did mark an acceleration of some kind. US wealth, or imported US wealth to a stronger degree maybe, the Thiels Musks, having no exit, no Monaco Jersey Dubai, or even Singapore Switzerland type escapes must be playing some role
The easiest explanation of what’s happening to the billionaires is that , while wealth cooks everyone’s brains a little, unimaginable wealth deep fries your brain. And that social media has given us a front row seat to the process
November 7, 2025 at 10:21 AM
Reposted by Adam
Overall social media use is declining.

Between 2020 and 2024, more Americans — especially the youngest (18–24) and oldest (65+) — report using no social media at all.

A small group of heavy users remains, but the middle is thinning out.
October 30, 2025 at 8:09 AM
Reposted by Adam
♟️ Between 1989 and 2021, more than 75% of democratic and hybrid regimes initiated at least one prosecution against a former leader. Latin America stands out significantly in this trend.
October 30, 2025 at 4:03 PM
Very interesting. Vague similarities with the various doomed jihads we’ve seen since the 90s, Afghanistan, Chechnya, Algeria, Iraq, Syria. The scattered offshoots, from Timor, to Somalia, Nigeria, chaotic, inept, opportunistic, and deadly to the unlucky populations in their crosshairs
This essay rips, read the whole thing
Appropos of the second picture, I once again state:
share.google/bSwpxzV3NCh9...
September 13, 2025 at 5:11 PM
Reposted by Adam
from Corey Robin on FB:
September 12, 2025 at 3:46 PM
Reposted by Adam
New high of Americans saying immigration is good for the US
September 7, 2025 at 6:19 PM
Reposted by Adam
From Jason on the bad site
September 5, 2025 at 5:07 PM
Reposted by Adam
US stocks vs. rest of the world: worst underperformance since 2009.

@mikezaccardi.bsky.social
@dailychartbook.bsky.social
September 4, 2025 at 9:54 AM
Not sure about flourishing per se, but a steady flow of cheap products and services for humanity seems highly likely when you put together a huge resources exporter, an industrial superpower, and a massive workforce on the same landmass.
www.nytimes.com/2025/09/01/w...

Here's that multipolarity y'all wanted.

I'm sure it will be great for human flourishing.
Smiles and Clasped Hands as Xi, Putin and Modi Try to Signal Unity
www.nytimes.com
September 1, 2025 at 3:37 PM
Reposted by Adam
Market views of things that will never happen:

Mid-2000’s: house prices going down
2009-12: avoiding a double-dip recession
2018-21: inflation/high interest rates
2024-: tech stocks sustainably going down, buying and holding stocks not working
August 25, 2025 at 8:32 PM
Reposted by Adam
Politicians went from being terrified of the establishment press, to being terrified of tabloids and tv, to now social media, having nightmares of viral tik tok trends, the pathetic state of things we’re in
August 21, 2025 at 11:41 AM
Reposted by Adam
Death rates from cardiovascular disease have been falling for a long time, but we rarely hear about it.

@scientificdiscovery.dev looks at some of the medical innovations and changes in risk factors that are behind this: ourworldindata.org/cardiovascul...
August 13, 2025 at 10:21 AM
Reposted by Adam
AUGUR: “.. US equities have underperformed the rest of the world by over 10 percentage points year-to-date. This is the worst underperformance since 2009.”

@mikezaccardi.bsky.social
August 13, 2025 at 12:36 PM
Tragedy then farce, this scene is the Tiananmen man vs the tanks of our age
August 13, 2025 at 8:57 AM
Your liberalism is colonialism = your democracy is populist strong man rule. Worst except for all the others…
The dark side, possibly one of the aberrations of liberalism is imperialism, probably colonialism, exceptionalism I guess too and the negative externalities of things like globalization, but that only means that liberalism needs to guard, self correct against these, I think liberalism can do that
August 5, 2025 at 7:02 AM
Reposted by Adam
The AI infrastructure build-out is so gigantic that in the past 6 months, it contributed more to the growth of the U.S. economy than /all of consumer spending/

The 'magnificent 7' spent more than $100 billion on data centers and the like in the past three months *alone*

www.wsj.com/tech/ai/sili...
August 1, 2025 at 12:19 PM
Reposted by Adam
One explanation for the U.S. economy’s ongoing strength is that spending on AI infrastructure *is so big it’s acting as a sort of private-sector stimulus program.*

3/
August 1, 2025 at 12:25 PM
Reposted by Adam
Henley & Partners’ wealth migration reports have been reported all over the world, both to prove both that there's a massive exodus of wealth from the UK and that there isn't.

Our forensic review finds the data riddled with anomalies - and in key places looks fabricated:
July 27, 2025 at 8:00 AM
Reposted by Adam
Via Jeffrey St. Clair, here’s an interesting passage from a book by Zohran Mamdani’s father.
July 7, 2025 at 9:12 PM
The chat today “SCOTUS decisions feel like theology written by interns”, I agree, theology of the apologetics kind
June 29, 2025 at 10:54 AM
Reposted by Adam
In 2019 Elon Musk was perceived as one of this most popular business figures in America.
In 2021 he was Time’s Person of the Year.
Then he bought Twitter.
Then he bought Trump.
Then he did DOGE.

Today there will be scores of protests to mark his birthday and 96% of his media coverage is negative.
June 28, 2025 at 3:05 PM
Reposted by Adam
It's quite striking that despite everything that's happened in AI over the last 3 years, the world is still spending *less* capex building semiconductor foundries today than in 2022

All of AI is still small enough to be washed away by consumers buying -10% fewer Android phones
June 21, 2025 at 3:20 PM
Giving Assassination of Matteotti movie poster, what’s next? The actual thing?
Breaking News: Brad Lander, the New York City comptroller who is running for mayor, was detained by ICE agents at an immigration court as he tried to escort a migrant out of the courthouse to prevent his arrest. nyti.ms/4jWkANE
June 17, 2025 at 8:20 PM