News for hackers. Stuff that matters.
Re:Recession and crisis in the IT industry. 7 months of inte... by hoxel on Wednesday August 21, 2024 @01:03PM (#41312156)
What do you mean by USA not experiencing a recession or stagnation? What about recent collapse of the stock market, which was experience due to predictions coming from the U.S. - inflation and recession exactly?

As for the book - it's hard for me to say, but I'm not convinced that the author is trying to sell us anything. Especially since, as you can see, the website doesn't have it yet. But if you switch to the Polish version (because the author is from that country, I think) you can see that the book is published for free and you can optionally donate money to some organization (I think taking care Bleeding Disorders).

Re:Recession and crisis in the IT industry. 7 months of inte... by flurie on Wednesday August 21, 2024 @03:33PM (#41313423)
I didn't use the word "stagnation," and "recession" has a core definition that is pretty broadly accepted[1]. I have no opinion on whether or not the recent dip merits a recession, but it is not enough to define one on its own.

The other word used was "crisis," and my criticism is that the word is broad and never defined.

My usage of the word "sell" is more similar to "persuade" and is a valid definition[2].

[1] https://en.wikipedia.org/wiki/Recession#Definitions

[2] https://dictionary.cambridge.org/us/dictionary/english/sell

Re:Recession and crisis in the IT industry. 7 months of inte... by aagha on Wednesday August 21, 2024 @01:19PM (#41312284)
> What about recent collapse of the stock market

What collapse!?

By the end of the week, the market was down less than 2%.