Ryan Jiang
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bootleg1.bsky.social
Ryan Jiang
@bootleg1.bsky.social
Aspiring economist

Visiting Student Researcher @ MIT Media Lab, City Science group 🏙️
Boston College ‘25

Mainly here to browse econsky
Reposted by Ryan Jiang
U.S.
Unemployment = UP/FLAT
Inflation = UP/FLAT
Real wages = UP
Jobs = DOWN/FLAT

#Econsky
November 23, 2025 at 4:45 PM
Wealthier consumers paring back spending approaching the holidays. Implications for the K shaped economy?

“More worryingly, wealthier Americans who have powered the economy for most of the year are becoming cost-conscious.”

#econsky

www.bloomberg.com/news/article...
Retail Stocks Need Unlikely Holiday Miracle to Save Rough 2025
The American consumer is limping into the holiday season.
www.bloomberg.com
November 23, 2025 at 3:00 AM
Reposted by Ryan Jiang
Unchanged gloom: worse off dominates. #econsky
In September, 44% of middle-income Americans reported they were financially “worse off” than a year ago, while 23% said they were “better off,” ~ unchanged from last September, when 48% reported being “worse off” versus 24% who said “better off.” www.wsj.com/personal-fin...
The Middle Class Is Buckling Under Almost Five Years of Persistent Inflation
Workers are growing tired of an economy in which everything seems to get more expensive.
www.wsj.com
November 22, 2025 at 12:41 PM
Reposted by Ryan Jiang
"We own these two stocks that attract the gullible and conspiracy-minded and were surprised to learn that many of those same investors have lots of exposure to bitcoin..."
November 21, 2025 at 6:37 PM
Reposted by Ryan Jiang
These idiots destroyed what The Economist just a year ago called "The American Economy: The Envy of the World" and said we could "expect that to continue."

What are we waiting for? Them to leave office?
November 20, 2025 at 10:20 PM
Reposted by Ryan Jiang
Housing market frictions and relaxed credit conditions explain as much as 70 percent of the 2000s boom in house prices, say researchers at NYU Stern and Boston University. Their findings offer important lessons for macroprudential policies. #econsky www.aeaweb.org/research/cre...
Market segmentation and housing prices
Did relaxed credit standards drive the housing boom that led to the Great Recession?
www.aeaweb.org
November 20, 2025 at 2:43 PM
Reposted by Ryan Jiang
CLEVELAND FED PREZ HAMMACK, on @cnbc.com:

".. What we hear is people are holding onto their jobs for dear life. If they have them."
November 20, 2025 at 3:19 PM
Reposted by Ryan Jiang
Tariffs are a drag but also a tiny part of the economy. Things like dissembling science and higher education will manifest in depressed long-run growth not in a current unemployment spike.
November 20, 2025 at 2:10 PM
Reposted by Ryan Jiang
...
Second, even setting aside that critical qualification, the report fails to clarify the labor market's status enough to resolve the deep policy divisions within the Federal Reserve.
#economy #jobs #bls #employment #markets #federalreserve

2 of 2
November 20, 2025 at 3:05 PM
Reposted by Ryan Jiang
Best (worst?) graph I've ever seen: Who’s right about AI: economists or technologists? - on.ft.com/43oaD6n via @FT
November 12, 2025 at 7:20 PM
Reposted by Ryan Jiang
"We tackled our debt burden in the past, and we can do it again."

RAND experts discuss approaches for reducing the federal debt:
The U.S. Tackled Crippling Federal Debt Before. It Can Do So Again
U.S. federal debt has hit $38 trillion—about equal to the entire U.S. economy—and interest payments now cost more than national defense. But the United States has tackled its debt burden in the past. ...
www.rand.org
November 18, 2025 at 1:03 AM