Dogecoin sell-off: Miners exit as DOGE faces market uncertainty

Dogecoin miners have offloaded significant holdings, raising concerns
over potential selling pressure. https://ambcrypto.com/dogecoin-sell-off-miners-exit-as-doge-faces-market-uncertainty/

Economic alarm bells are ringing everywhere

First, the good news: There is no solid evidence right now that the
economy is in recession, or even particularly close to it.

The bad news is that warning bells of what is to come are ringing
every which way.
...
...
Reality check: None of this means that a recession is underway, or
inevitable. The U.S. economy is like a tanker ship that normally moves
forward, and it takes a lot to stop that progress.

The bottom line: Shifts underway in Washington may be enough to at
least slow the ship, if not stop it -- even if the evidence so far
isn't definitive

https://www.axios.com/2025/03/15/economic-indicators-recession-risk

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On Sun, 16 Mar 2025 11:56:49 -0400, Auric Hellman
<[email protected]> wrote:

Despite the negative connotations, it looks like
the economy is doing well.

Where layoffs/firings have happened in larger numbers, I suspect
relevant local merchants will experience a small business hit.

On another note, as I posted today:

And with so many D.C. area residents out of work--thousands of federal employees have lost their jobs since Trump took office in
January--there likely aren't enough potential buyers interested in the
influx of for-sale homes.

https://www.mansionglobal.com/articles/trump-federal-worker-layoffs-weaken-washington-dc-housing-market-ffd3c692

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On Sun, 16 Mar 2025 11:56:49 -0400, Auric Hellman
<[email protected]> wrote:

Despite the negative connotations, it looks like the economy is doing
well. This article doesn't bode well for the anti-Trump brigade.

On another note

And one of Carney's [Canada's Prime Minister] first policy moves as PM
was to order a review of Canada's plan to buy a substantial number of
U.S.-made F-35 fighter jets. This means that Canada is joining
European nations that are similarly reconsidering their dependence on
U.S. weapons.

Paul Krugman
Mar 17

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