Where did you find this chart?
I think this chart is conflating real estate as mortgages.. it's a broad category but I understand real estate as land, not debt instruments
Sounds like an interesting book.
Bro real estate is land, idk how that disappears? Also yes VC bullshit money Burns quick and stocks that are shit businesses fail. Valuations drop as fear takes over
Bonds going? Nope. It's risk free and they can print more currency.
Kinda crazy how Bitcoin created ALL of this. One whitepaper.
Bro USA been lying about these numbers for decades. This entire rally has been off the basis of fake jobs numbers, and on top of that, 'its business as usual'. It doesn't feel right because it isn't. And the longer it's held off, the worst it'll be
Nothing, shit companies will fail and die and good companies will endure. It's happened before and will happen again.
Any crash is a test of endurance and actual business, not just 'we're doing business" type companies.
I had to study it as part of business administration.
Keyensian a broader term, which is also locale based, using macro and micro datasets to guide their decision making process. It's a lot of market data and research, qualitative and quantitative. Just because one fails, it doesn't mean that they all fail, because the modelling is somewhat unique to that territory or state.
Keyensian is mainly government intervention but it's also due to that every recognised country has a government that not only manages one aspect(finances) of society, but all of it(law and order, national security, pension, nature, land and environmental protection, education, health etc.)
Central Banks should remain impartial and independent, prudent and slow in their decision making. This builds their reputation and credibility as an institution and improves their bonds (issuance of their debt) ratings and demand for that debt instrument. Think Switzerland bonds vs Zimbabwean bonds.
Merchantilsm fails, Austrian fails and keyensian fails. Keyensian is however adaptable and locale based, which is why it's all over.
Merchantilsm is Adam Smith era models where one state economy booms because it extracts another's economic power. How England gets wealth through extraction of wealth from other states. It follows imperialism or resources by conquest.
This fails because the pot is fixed, and unless you conquest or loot, you are unable to expand. There's also the problem where in order to expand the pot, you need to spend the pot, and if any failures occur, or mistakes, it can lead to a downfall of the empire.
Austrian? Look at Argentina.
But that's macro modelling level stuff.
I love economics, it's one of my favourite subjects at uni because it's not about keyensian or whatever model, but rather the study of systems.
Economies can be everything from how households or people interact with each other to government central banking and inter-state systems. There's so many economies if you think about it. I mean you've done micro
Not if government intervenes, but it's not easy and most likely will be a big one. BRICS is trying to decouple from the dollar because of this. Lying about the jobs numbers and then also forcing the fed has lost a lot of confidence in the dollar, which is what commodities are priced and traded in.
Keyensian economics is what we've come accustomed to because all countries have governments, at least if they are to be acknowledged (think about territories vs states)
The underlying problem is the dollar as the main reserve, and CB's are trying to rebalance their currency reserves, some including Bitcoin or other assets, even their own digital tokens.
At the end of the day, because it's all connected, governments will have to intervene, or millions will die or get into poverty. (I say millions will die because I'm from Africa and know how prudent the central bank needs to be with decision making)
No, because you can pick up companies with low price to earnings or during market down turns.
I was fortunate enough to have capital available to deploy during the market crashes and lows. For example, in April this year.
It's like bargain hunting
A brandy and coke
Dogs noses are supercomputers.
You need to keep those super computers really cold to function well.
A wet nose is a good nose! Keep them wet!
I love how the US allies are literally Israel and the Saudi's.
9/11, beheadings and bombings.
Classic friends but Russiaman and Chinaman bad lol
OH NO ITS IRAN 😂
So then, name a better solution to the economics of the system?
When 10's of thousands of jobs are on the line then everyone cries for stimulus checks and bailouts.
This is historically true. Government doesn't need to do it, they don't have to do it either. But people die if they don't.
If this were the case, people would have lost everything in 2008, and the motor companies would not exist today. In the USA alone that's millions of people.
I could argue the opposite of that, given the number of bailouts of private businesses and government/central bank interventions.
By the way, not every central bank is like the US central bank, thank fuck for that. Unfortunately we're on the dollar system and its connected.
Yes data is big business
She highlighted something important today; she's the only one that's actively following up. Everyone else including TPUSA is just like ' it's done they got the guy and it's business as usual"
Which I also found to be poignant given how many "friends" he had
That tends to help. IPOs can get you in, but not always. For example I bought Airbnb at their IPO and I've been down 10/15% since then.
But still undervalued by wall Street -
I haven't actually checked on it
Yes, just get in before the others do?
Walmart earnings also probably low as fuck. FMCG is notoriously tight on margins. Sometimes less than a percentage point.
Yeah their earnings is wild dude, especially their margin
But idk Walmart is consumer facing goods so it's consumer Staples. Even in recession people will go to Walmart, but will they buy graphics cards?
But tbh the price vs valuation of many companies is inflated.
You'd have to do the homework to see exactly what you are buying vs what you are paying for.
Some stocks that are disproportionate to its underlying valuation
Because there's a whole world out there, not just shit hole America
America, isn't that one of the shit hole countries? 😂
Bro you more likely to get shot buying milk and bread than dying from a vaccination. Children death rate from gun violence way higher than any vaccine mortality rate.
So let's be real, is there a vaccination for bullets? Or is that just more bullets?
(Not changing the subject, but seems like you people have bigger issues than vaccinations)
Also as a sidenote, this lady I'm dating here in Bangkok got bitten by a cat yesterday and luckily she had taken the vaccine three years ago (when she got attacked then) so it's still valid vaccines but she still got a fever and all that crap.
Just a case study of why vaccines actually work and why, at scale you have outlying issues.
If the rate is 98% safe with 2% contingent (as an example), then it's in the best interest of the population to get vaccinated.
If it was even a 50/50 percentage chance, then that would be a problem, but it's not that low.
With the case of of a single child dying from other things would highlight immuno deficiency rather than vaccinations being the cause. Like you don't die from AIDS, you die from weak immune system, as it's not in the best interest of the virus to kill it's host.
In Texas, it was an outbreak. One child lead to two to ten and then to 100 which thankfully they managed to bring under control.
In 2025, this really shouldn't be happening
You do understand that vaccines carry the chance of infection right, in some instances it's contains the virus as to help immunize the body?
Needless to say, an outbreak just after Bobby went on record against vaccination...
It's okay bro, trust the science here but not the other scientific stuff. Got it, selective sciences?
Science that disproves vaccination you agree is correct, but historical science that formulated vaccination policy you don't agree on.
Let's just be clear,
In August 2025, Texas had a measles outbreak.
Jamie, pull THAT up