The austerity dream is dead.
nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncpzdmhxue69uhhyetvv9ukzcnvv5hx7un8qy28wumn8ghj7mn0wd68yumpw3mxztnwv46qdmvajt was right (again).
Nothing stops this (fiscal spending) train.
🚂
You do you, but I continue to increase my fund’s exposure to global hard assets.
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Getting debased to oblivion and not being able to afford a burrito bowl without having to use Klarna sounds worse than austerity.
Clearly
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I wish I could disagree with you. Any residue of Hopium wore off for me over the past couple months.
Best I can see is Bessent managing to keep the system afloat for longer than it might have.
Use the time to stack.
DOGE was a loud, obnoxious flop.
They never pointed DOGE at the actual source of waste, fraud and abuse: the Dept of Defense.
Tariff tax increases are in retreat after China cut off rare earth exports to the U.S. and, especially, its military. Now we need a trade deal more than China does.
The Big, Beautiful Bill explodes the deficit and debt like never before.
That leaves financial repression like we’ve never seen.
I sold all my bonds.
You were holding bonds thus far 😭
Isn't that a good thing ?? Don't you like #NGU ??
you do you while I stay humble and stack sats 😄
I think we can't be sure that austerity is a averted danger. Let's see...
