A politically and economically compromised US fosters global instability.
In Friday’s piece we wrote about the linkage between the deteriorating economic state of G-10s and political instability.
IMO, this weekend’s attacks on Israel are another manifestation.
First Russia, now Hamas. More may be emboldened to acts of aggression given a hobbled / politically hamstrung US.
Gold and Oil gains follow the Mideast war playbook, but still muted, likely waiting for a more definitive US response and other indications of prolonged conflict.
For anyone in or near Charlottesville, VA this Thursday, please join
The Blockchain at the University of Virginia and me as we discuss how the integrity of Blockchains like Bitcoin and Ethereum can help restore economic and political stability by reducing monetary debasement and fostering financial inclusion to the unbanked at a time when our world needs it most.
See Friday’s publication, Dare to Live in Interesting Times, where we discuss the dangerous link between growing debt, monetary debasement and historic losses in treasury bonds to the growing political infighting within G-10 legislatures.