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BREAKING: The average price of ground beef in the US is now up to a record $6.90 per pound. On a non-seasonally adjusted basis, ground beef prices have exceeded $7.00 per pound for the first time in history. Prices have surged +77% since January 2020, when they stood at $3.89 per pound. Furthermore, the average price of uncooked beef steaks is up to a record $13.02 per pound, surging +70% since January 2020. Ground beef prices have now DOUBLED since 2013. Food inflation is running hotter than ever.

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🚨 Margin debt as a percentage of real GDP soars over 5%

Americans are leaving the U.S. in record numbers, drawn by a quality of life made easily affordable by the US’s enviable salaries, per WSJ

OKAY HAD TO CALL THIS OUT Been hearing this a lot from friends interviewing at AI companies: the moment recruiters see “crypto” on a resume, they instantly become skeptical. And honestly, I get it. Crypto attracted a lot of unserious people during the hype cycles. That definitely damaged the industry’s reputation. But completely dismissing people because they worked in crypto is also a mistake. I’ve spent 8 years around this industry and met some incredibly smart people, both technical and non-technical. On the engineering side, people had to work on distributed systems, smart contracts, real money infrastructure, security problems most startups never have to think about DeFi especially forced engineers to move fast while constantly dealing with exploits, attacks, and entirely new categories of risk. The industry changed insanely fast, so people had to learn fast and ship under pressure. And on the non-technical side: yeah, I understand why crypto BD has a weird reputation sometimes. There were definitely people who thought: partying at conferences + farming Telegram groups + saying “I know this guy” = business development. But that’s only one side of it. There are also genuinely hardworking operators in crypto who deeply understand: tech, partnerships, GTM, incentives, sales funnels, internet culture, community psychology and distribution A lot of people in crypto had to build, market, sell, adapt, and survive at the same time. And honestly, that creates very high-agency people. Crypto has both talented people and absolute weirdos. Just like every other industry. So putting a blanket label on everyone coming from crypto is probably the wrong way to evaluate talent.

Elisa went from making $12k/month in DeFi to surviving on $1.5k/month during the bear market Instead of leaving crypto, she stayed in the industry and kept building That’s the part most people underestimate about long term success Sometimes surviving matters more than maximizing