He’s a British scammer through and through
Listen to Luke Gromen, he’s one of the few who has the balls to recognize the disruptive potential of this.
nostr:npub1rp8y3xvzx72zrc350v4f0alvsaclmdhl70jx4ym7rregjstn9mssxhurwe:nevent1qqsqlxj2c97jydhthvsjyj39yr5g0rf8mdm74cn7t2tu3t4dm7ln6eczyz5pw9uplk0fpm0rafzdmjja82lc9rlgam0tpuatkrwnu434vtslcqcyqqqqqqgpzfmhxue69uhk7enxvd5xz6tw9ec82cspz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3qamnwvaz7tmwdaehgu3wwa5kuegpp4mhxue69uhkummn9ekx7mqpzfmhxue69uhhqatjwpkx2urpvuhx2uc93x0fv
Tariffs revamping fundamentally changes the US dollar flows of the Bretton Woods arrangement.
While that may very well prove to be a good thing to the US working class (💪), it means that we’ll be starving countries around the world of the US dollars they need to pay the US dollar denominated liabilities.
So if cash flow goes down, they’ll need to sell US dollar denominated assets to pay those liabilities.
I wonder how well that be taken in certain influential circles…
Buckle up, it’ll get bumpy.
nostr:npub1rp8y3xvzx72zrc350v4f0alvsaclmdhl70jx4ym7rregjstn9mssxhurwe:nevent1qqsta3apldnfv06wak75pxzaw2n4yq3cl0e6du72gmq5zvyj8h44sagzyz5pw9uplk0fpm0rafzdmjja82lc9rlgam0tpuatkrwnu434vtslcqcyqqqqqqgpzfmhxue69uhk7enxvd5xz6tw9ec82cspp4mhxue69uhkummn9ekx7mqpzpmhxue69uhkummnw3ezuamfdejsz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcg2x3ex
That chart represents the relative position of the US and all other countries with respect to asset ownership.
What that chart is saying is that countries around the world own $25T US assets more than the US owns foreign assets.
If/when those countries start repatriating capital we should expect US assets deflation. Think of stocks, real estate, etc.
I would not be surprised if the US enacted capital controls to try to prevent that asset deflation from manifesting. That would be a real, substantial blow to US dollar status.
When this unwinds we’ll see who’s winning and who’s not.
Keep going, sweeties, keep going.
Have we been liberated yet?
gm ☀️
Today’s workout
hmm, not bad… too sweet for my taste, though.
What about the NEW mainstream propaganda? Does that qualify?
