Gm nostriches, fascinating finding out that Turkey had a massive event last week, stock market crash and currency spike/intervention, nothing about this on the UK news, even if that is very close to home. (From YouTube channel Joe Blogs)

Then, small companies (Russell 2000) having issues, signalling a recession as the canary in the coal mine (they can’t access cheap capital to the same degree). These firms are the biggest employer so when they start laying off, unemployment will 🚀. But suppose there are always more door dash jobs for these guys to get. (From Eurodollar uni)

And then UK, surprised as didn’t think two tier Kier actually owned a set of balls, but has he just gone full “DOGE”? doubt it very much, the socialist bent of all the labour voters and their fucking useless MPs won’t allow this to happen. (BBC have been told it’s ok to report on)

*Sniffs in the hear* was that a hint of contagion notes I’m picking up on the wind? Or was that a memo from the money printer workshop saying she’s ready to run?

#grownostr #soundmoney #bitcoin, you are the front runner

Reply to this note

Please Login to reply.

Discussion

I agree that we’re in for big print but still global liquidity is shrinking. I particularly look at US. The rest of the world will react accordingly. I wonder if Bessent can actually succeed in assuring lower yields for the upcoming debt rolling. If he does then here goes the printer all around the world.

I know I know shit but this is my current state of mind.

Fair comment, but those without economics degrees are already ahead of all the economics forecasters, so don’t sell yourself short!!!!

Well, I am Master in Economics and honestly I can tell that my diploma is worth fuck all (apart from some hard math classes like statistics or econometrics). I am currently learning it again from scratch.

Congratulation, so how many years have you been clean from Keynesian cocaine? Do you still attend economists anonymous meeting?!?!! 🫡🙌

I think I had this enlightening moment in 2020 when lockdowns happen and everyone started printing en masse and I thought “no, this will not help at all, what are they doing?” Then I started looking for sources to understand what is the scale of the problem and by accident I discovered Bitcoin, Austrian Economisc, Larry Leppard, James Lavish, Lyn Alden, Gigi, James Check as well as some smart guys from tradFi or geopolitics Alfonso Peciatello (MacroAlf), Jacob Shapiro.

So it has been 5 years of detox and I am clean, happy and humble to say I still know shit.

Another class of 2020 student. Here’s to another 5 years of fiat sobriety. 🎉 stay humble and never stop learning.

Short list of macro/ geopolitical podcasts I listen to

Jacob Shapiro

https://fountain.fm/show/CAfHOEVuC67nNAlS2EkQ

Soon there will be separate show with Marco Papic

Alf

https://fountain.fm/show/tWge61uB7t7mVI05oF1L

Preston Pysh

https://fountain.fm/show/JrDb3urY8o1C9UclELhV

There are quarterly reviews of global liquidity with Matthew Mezinskis and Bitcoin Mastermind Discussions , apart of other interesting stuff.