In 2020 the US had already paid a cumulative $1 trillion on interest on the post 9/11 wars (around $4 trillion in debt between Afghanistan and Iraq.)
By 2050 the US will have paid approximately a cumulative $6 trillion on those two wars alone.
Sovereign debt is just like the gift that keeps on giving.
Bitcoin may still go lower ($69k is fully in play), but to be honest the likelihood of new ATHs next year is very high.
The business cycle this time is longer than it used to be.
?w=841&dpr=2&fm=webp&q=30 The current ratio of 230% is approximately 76.62% (or about 2.4 standard deviations) above the historical trend line, suggesting that the stock market is Strongly Overvalued relative to GDP.It can and it will get even more overvalued before it normalizes.
Not being contrarian just for the sake of being contrarian. I’m just pointing out what I’m seeing.
Behind the scenes (macro-wise) this looks nothing like a bear market, tbh.
We will be surprised (downwards and upwards).
Don’t forget we’re deeper into the Fourth Turning now. Recall the 1920’s gold chart.
It will come, in due time
Today’s workout
Heard nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx mentioned it on latest RHR while discussing quantum FUD.
A burrice nao tem limite, desafortunadamente.
Taproot addresses are pay to bare public key?
Goldilocks is gone.
We finally get to see that this whole knots thing is a state-sponsored attack on Bitcoin that has swept some gullible, well-intentioned people.
Want to run knots? Fucking do it. It’s your choice. I don’t care.
If you think you’re here to save Bitcoin, then you do not understand Bitcoin. So do me a favor, go fuck yourself.
If Bitcoin were to die because of some retarded inscriptions, then Bitcoin had no business existing in the first place.
Again, go fuck yourself. And shut the fuck up.
$112k is the line on the sand
Today’s workout 🤙
So true
