Woke up before my alarm to the sound of heavy rain – I checked the weather before heading off to sleep last night but I wasn’t expecting the wind and the rain. I’m happy I’m staying at home and keeping warm because having to go into town would be an unpleasent experience. I opened up Chrome to check for updates and Google has released another update for Chrome which bumps the version from 152.0.7977.76 to 152.0.7977.83 (link). An early release of Chrome 153 has been made avaiable to a small group of testers however I wouldn’t be surprised if we don’t end up seeing it maybe until next week at the earliest.
I’ve been catching up on the news and the discussion regarding the United States bond market in regards to the interest rates going up and attempts by the administration to push the rates back down. I’m not one to speculate on what could happen in the future but I do think that 50 years of reckless spending and borrowing by the United States will eventually catch up. There will eventually be a day of reckoning when the market will say ‘no more’ and the American people will be forced to have a serious conversation about taxes, spending and the distribution of power in their system.
Right now the United States government is spending 20% of their revenue servicing the interest on their debt when compared to 9% for New Zealand. I don’t know about you but maybe the credit ratings agencies and commentators in the media should focus on the bigger train wreck to the tune of $40 trillion and a budget deficit of 6% of GDP which should be of a greater concern than than the piddly 2.1% of GDP that the New Zealand government is currently running at the moment. There is a much higher likelihood of things going bad in the United States whose economy is based on the average American carrying a mountain of consumer debt (that is total debt minus their mortgage) than what is happening down at the bottom of the world. The capacity for the United States to behave recklessly is contingent on the rest of the world being willing to bankroll that reckless behaviour.
Getting back to more positive news – Google is working on moving more devices over to Android with the announcement that Google Meet devices will be moved over to it (link). The announcement is in line with the move to replace ChromeOS on laptops and mini-pcs to Android with the eventual goal being a single operating system that spans their entire product portfolio from top to bottom which should result in more frequent updates as well as better integration into the Google ecosystem as well as the devices integrating with each other.

