this post was submitted on 02 Jul 2023
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No Stupid Questions

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YouTube disallowing adblockers, Reddit charging for API usage, Twitter blocking non-registered users. These events happen almost at the same time. Is this one of the effects of the tech bubble burst?

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[–] [email protected] 4 points 1 year ago* (last edited 1 year ago) (1 children)

It's not just the american federal reserve that's increasing it's rates. We live in a globally connected economy and almost all countries are impacted by the american economy as well as some of the reasons causing inflation in the US (the pandemic and the war). Most countries are affected by the inflation and most countries are combating it by hiking interest rates.

[–] [email protected] 1 points 1 year ago (1 children)

Of course everything is connected but it's not always 1 to 1, nor are the effects always immediate. Some economies absorb different impacts in different ways.

[–] [email protected] 2 points 1 year ago (1 children)

The point being made is that it's more expensive to borrow, do you dispute this?

[–] [email protected] 1 points 1 year ago

Of course i don't. I dispute the fact that interest rates are a significant factor in the VC market.