My June newsletter is out now. It focuses on 3 misconceptions about US public debt and deficits:

https://www.lynalden.com/june-2025-newsletter/

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Do you use beehiiv for your newsletter? You can make a FUCK ton of money with them.

Sweet! Looking forward to reading this tonight on the ole nostr:npub1a00wj229auzjswlq4s77y4u8eqdx5k9ppatgl8rtv8va65f6mwksum9q3h

This was my first time reading one of your articles. I like how calmly you present the situation in comparison to a lot of bitcoiners. I was really surprised to hear that you own treasuries. Could you explain why?

Very nice bedtime reading, thank you 🙏🏻

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good read, the one thing you didn’t seem to mention with respect to the inflexibility of dollar demand is defaults by foreign entities on dollar debt

Thanks Lyn!

(speedily skimmed the newsletter so far) … and this part makes me wonder:

“But we’re starting from a developed market base with an entrenched global network effect, and as things get worse, our currency could resemble the currency of a developing market in many ways. It could look more like Brazil’s currency, then Egypt’s, then Turkey’s, over quite a long timeframe. It doesn’t jump from being the US dollar to the Venezuelan bolivar in the course of a year or even five years, short of something like a nuclear strike or a civil war.”

… so while that’s happening slowly for America, what’s happening to Brazil, Egypt, Turkey, and Venezuela’s currencies (plus other countries), which are already at those lower levels … and reminds me of that part in Broken Money about “pushing chaos to the periphery”? 😬