Dedollarization could lead to reindustrialization by reducing the U.S.' reliance on printing dollars and emphasizing domestic manufacturing. The U.S. must shift from printing money to building factories to compete globally, particularly with China, which has developed a robust industrial base (low-skilled to high-skilled labor) over the past 45 years. This might require an improvement in robotics, and resistance from regulatory bodies could pose challenges.

Rising interest rates on the tech industry have affected everything - the job markets, VC funding, IPOs, and layoffs. Macroeconomic changes are continuing to shape the landscape for the tech and software industries. However, these cycles happen every so often, and eventually, the job market will recover.

Coinbase's recent weekly report suggests the U.S. economy may have peaked in Q2 '24, which may discourage retail investors from further investing in crypto or stocks. The report talks about key recession indicators like a rising unemployment rate and an inverted Treasury yield curve amidst expectations of a September Fed rate cut.

The personal consumption expenditures (PCE) index rose 0.1% in June, with a YoY measure of 2.5%, the lowest since early 2024. Goods prices decreased due to lower energy costs, while service sector prices continued to rise. Real disposable incomes increased by 0.1%, and personal consumption expenditures rose by 0.2%, indicating a preference for goods over services. Low-income households have depleted their pandemic savings, contributing to ongoing financial stress.

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