News for hackers. Stuff that matters.
Re:Some of the world's biggest economies are on the brink of... by brenden2 on Sunday February 23, 2020 @12:25PM (#22398107)
It's all doom and gloom in the news. Best thing you can do for yourself is to stay off the news.
Re:Some of the world's biggest economies are on the brink of... by symplee on Sunday February 23, 2020 @01:13PM (#22398457)
Check out Wikipedia's "Current events" section [0]. I feel it does the best job of providing the relevant factual updates about the world without all of the drama, clickbait and gossip.

[0] https://en.wikipedia.org/wiki/Portal:Current_events

Re:Some of the world's biggest economies are on the brink of... by bradgessler on Sunday February 23, 2020 @03:22PM (#22399289)
I made a more readable version of this at https://legiblenews.com/ (works on mobile, supports dark mode, formatting is more readable, loads in under 200ms w/ 1 request and absolutely no JS) which scrapes Current Events once per day at 8p Pacific Time.

I jokingly say “it’s a news website where if you click on a link, you might accidentally learn something”

Re:Some of the world's biggest economies are on the brink of... by sygma on Sunday February 23, 2020 @05:07PM (#22399860)
This is great. Thank you for making it! Maybe you could run that cron job more often for people on the other side of the pond? Right now, I'm only seeing news for Saturday.
Re:Some of the world's biggest economies are on the brink of... by bradgessler on Sunday February 23, 2020 @06:03PM (#22400168)
I’ve thought about that, but I intentionally want only one update per day to limit the “I gotta check the news” addiction and I’ve lined up the publishing to approximately when Wikipedia starts a new day.
Re:Some of the world's biggest economies are on the brink of... by nathcd on Sunday February 23, 2020 @02:59PM (#22399151)
Side note: I really enjoy browsing wikipedia's portals. The sections on them (like on the Main Page) like 'Did you know...', 'Selected article', 'Selected quote', 'On this day...' are really nice to peruse, and are a nice complement to the type of content in normal articles.

I remember reading at some point (though I can't find it now) that portals were sort of considered a "failed experiment", but they've become some my favorite places to casually browse.

Re:Some of the world's biggest economies are on the brink of... by toomuchtodo on Sunday February 23, 2020 @03:18PM (#22399268)
Someone should turn this into an email newsletter!
Re:Some of the world's biggest economies are on the brink of... by samizdis on Sunday February 23, 2020 @02:39PM (#22399014)
Nice resource. Thanks for the recommendation.
Re:Some of the world's biggest economies are on the brink of... by hurricanetc on Sunday February 23, 2020 @01:58PM (#22398750)
This isn't a fair criticism if the gloom and doom is true. Japan's economy is contracting, Germany's economy is at a virtual standstill, and Hong Kong is in recession. China and India report next week and are both likely to show economic contractions. In the US the services sector contracted in February to a six year low. These are the biggest economies in the world and they are all flashing big red warning signs.

There is something to be said about self fulfilling recessions fueled by the media but I don't think this article warrants such critique. It is not much more than a statement of fact of the economic conditions of the biggest countries of the world.

Re:Some of the world's biggest economies are on the brink of... by boomboomsubban on Sunday February 23, 2020 @02:30PM (#22398951)
Basically the same article had been run every year for the past decade. Each time it is accompanied by statements of fact about the biggest economies. Even if this time is true, they regularly push the doom and gloom angle.

It's a self fulfilling prophecy because they always predict it's comimg, ignoring when they're wrong.

Re:Some of the world's biggest economies are on the brink of... by nate_meurer on Sunday February 23, 2020 @02:02PM (#22398783)
True, but I think OP was talking to me. There's nothing I can do about any of this, so why stress myself out by regularly reading about it.
Re:Some of the world's biggest economies are on the brink of... by anigbrowl on Sunday February 23, 2020 @01:43PM (#22398659)
The optimist fell 10 storeys

And at each window bar

He shouted to the folks inside

'DOING ALRIGHT SO FAR!

Re:Some of the world's biggest economies are on the brink of... by chiefalchemist on Sunday February 23, 2020 @12:41PM (#22398213)
When it was safe to have sex, it was "Sex sells." The new paradigm is fear. More and more fear.
Re:Some of the world's biggest economies are on the brink of... by throwaway29303 on Sunday February 23, 2020 @01:31PM (#22398567)
Fear isn't a new paradigm. It has long been established that media outlets, religion, terrorism, ads, etc use(s) fear as a means of control.

I suggest watching "Bowling for Columbine"--here's a notable excerpt: https://www.youtube.com/watch?v=NiaxzBlFgmQ

Btw, I'd also recommend reading this https://www.rollingstone.com/culture/culture-news/columbine-...

IMHO, the best way to fight such fear is, among other things, to insist on educating the masses and to open science as much as possible to them as well.

Re:Some of the world's biggest economies are on the brink of... by chiefalchemist on Sunday February 23, 2020 @02:33PM (#22398973)
It's not new. Agreed. But the degree and scale to which it's being exploited is new.
[dead]
Re:Some of the world's biggest economies are on the brink of... by soared on Sunday February 23, 2020 @12:56PM (#22398317)
There is nothing in the news that should ever affect your investment strategy as a regular consumer. Emergency fund, max Roth IRA/401k diversified according to goal retirement age, and save separately for other stuff (house/car/kids).

If it’s more complicated than that you 100% need a progressional to do it for you, even if that means calling fidelity/etc and having them take a look.

Re:Some of the world's biggest economies are on the brink of... by hakesdev on Sunday February 23, 2020 @01:22PM (#22398507)
Respectfully disagree.

I don't particularly like the news, but it pays the follow certain types of news that could have an outsize impact on you.

Furthermore, the "prescribed" ultra long equities/diversified index fund allocation strategy you alluded to above is relatively new by historical standards. It's possible that this strategy doesn't pan out well in certain types of prolonged global economic states (such as persistent global stagflation, as one example).

I'd agree with the above if your investment strategy had been around for longer (more "Lindy"). One example folks like to cite is the Talmud Asset Allocation:

“Let every man divide his money into three parts, and invest a third in land, a third in business and a third let him keep by him in reserve.” -Talmud

https://seekingalpha.com/article/293665-the-timeless-talmud-...

One example of a portfolio that might be more robust is one of 1/3 land, 1/3 personal business/equities, 1/3 emergency fund cash/gold/bonds. With that portfolio, in just about every time period in human history, you'd probably be okay and wouldn't have to worry about the news at all.

Re:Some of the world's biggest economies are on the brink of... by soared on Sunday February 23, 2020 @02:10PM (#22398823)
I suppose that’s fair, the only thing I know is that the advice is listed is accepted right now to be the best for most people at this time.

Maybe there is something better! I, along with your average uninterested person, won’t be the ones to find out.

Re:Some of the world's biggest economies are on the brink of... by arbuge on Sunday February 23, 2020 @01:12PM (#22398442)
> Everything outside of cash holds risk.

Cash holds a lot of risk. Inflation destroys savings.

Re:Some of the world's biggest economies are on the brink of... by fumar on Sunday February 23, 2020 @12:55PM (#22398306)
Can you elaborate on “huge long-term correction?” Are you speaking towards the global economy or specific countries?
Re:Some of the world's biggest economies are on the brink of... by AtHeartEngineer on Sunday February 23, 2020 @01:07PM (#22398403)
Global, so many countries economies are tied together now there really is only a global economy.
Re:Some of the world's biggest economies are on the brink of... by david927 on Sunday February 23, 2020 @01:10PM (#22398427)
Global, but some countries will feel it more than others.
Re:Some of the world's biggest economies are on the brink of... by crystaldev on Sunday February 23, 2020 @01:27PM (#22398540)
> literally the last words of a fool.

Which fool? When? How did he/she die?

Re:Some of the world's biggest economies are on the brink of... by skrebbel on Sunday February 23, 2020 @12:34PM (#22398173)
But then who will tell us when to stock up on face masks, medicine, and canned beans?
Re:Some of the world's biggest economies are on the brink of... by monadic2 on Sunday February 23, 2020 @12:42PM (#22398222)
This is a real dick move to the next generations.
Re:Some of the world's biggest economies are on the brink of... by izacus on Sunday February 23, 2020 @12:44PM (#22398233)
Killing off media driven exclusively by negativity, clickbait and exaggeration is a boon to future generations.
Re:Some of the world's biggest economies are on the brink of... by monadic2 on Sunday February 23, 2020 @02:47PM (#22399073)
I certainly agree with that.
Re:Some of the world's biggest economies are on the brink of... by anigbrowl on Sunday February 23, 2020 @01:46PM (#22398677)
A fallacy of composition if ever I've seen one.
Re:Some of the world's biggest economies are on the brink of... by cryptica on Sunday February 23, 2020 @12:33PM (#22398155)
Why? So we can all blindly continue running this sham economy producing useless addictive junk and destroying society and the planet in the process?

You're saying that the solution is to withdraw further into our echo-chambers and filter bubbles?

Economic collapse is long overdue and filter bubbles are actually responsible for delaying it and for making it worse than it should have been.

Re:Some of the world's biggest economies are on the brink of... by rytill on Sunday February 23, 2020 @01:08PM (#22398410)
When did the phrase “filter bubble” popularize?