https://youtu.be/0h5gLtzS1_M

Video description:

Jeff Ross joins the show for a breakdown of why the global financial system is cracking and why Bitcoin’s recent weakness may be the setup.

We discuss why governments are trapped into monetising debt, why inflation is no longer a policy choice, and how deflation could ultimately kill fiat currencies altogether. Jeff also explains why the four year Bitcoin cycle is effectively dead, how a multi-year U.S. manufacturing recession has quietly dragged Bitcoin lower, and why liquidity and economic reality matter far more than narratives or price models.

We also get into Japan’s bond yield shock and the unwind of the yen carry trade, why rising rates there are sending stress through global markets, and what it signals about the end of the easy-money era. Jeff lays out why the world is slowly moving away from the U.S. dollar as the global reserve asset, why gold is already repricing, and why Bitcoin’s real breakout may come later, driven by structural pressure. We explore the 2026 inflection point, government-picked winners like AI and manufacturing and the risk of global deflation.

CHAPTERS:

00:00:00 - Introduction

00:02:30 - Why The Four-Year Bitcoin Cycle Is Dead

00:05:05 - The Hidden Recession

00:07:55 - How Tax Policy Could Reshape Bitcoin Mining

00:10:55 - Governments Picking Winners And Losers

00:14:40 - Debt Monetisation And Currency Debasement

00:19:10 - The End Of U.S. Global Dominance

00:23:55 - How Modern War Reshapes Money

00:27:30 - Gold, BRICS, And The Dollar Shift

00:31:30 - Fourth Turning And Monetary Resets

00:36:40 - What’s Happening With Japan’s Bond Yields

00:38:50 - The Yen Carry Trade Unwind

00:42:35 - Why Inflation Is Now Inevitable

00:47:15 - Deflation, AI, And The Death Of Fiat

00:54:25 - What A Bitcoin Bull Market Looks Like