You are absolutely correct in the facts you provide and the assessment you make.

But I come from a world in which if companies or industries fail then you allow them to fail.

No one needs street lamp lighters or fax machines anymore.

I have also never seen any government effectively run a company.

Don't waste time on a dying industry, pursue thriving ones.

We still need steel, but clearly the market doesn't make it efficient for the UK to produce it.

Also, try not confuse different arguments, saving jobs for individuals is at the expense of the nation.

40 years on, there are no unemployed fleet street hot metal operators, they moved on.

I’ve been in full-recluse mode lately, trying to wrap my head around the massive monetary and financial shift that is currently underway… along with its geopolitical ramifications.

The only other macro person I hear talking about it is Darius Dale, so I recently resubscribed to his research service. *Strong recommend*

In short, it’s becoming increasingly clear to me that we (may) have just entered a period of long Global Hard Assets vs short US-based financialized/fiat assets, similar to the 1930s, 1970s, and 2000s.

The investment implications are profound and, likely, long-lasting.

🍿

#FourthTurning

I've now been mining fiat at the same fiat mine for 15 years. If I didn't delete my LinkedIn, today would be the day I would get dozens of congratulations DMs from people I haven't talked to in years. Nostr truly is freedom 😂

Pax Romana

Pax Americana

Pax Bitcoinica

#garden

That's the story in

Seveneves

Novel by Neal Stephenson

📢 Excited to announce we've persuaded @garyseconomics to attend the Bitcoin Retreat! 😎

To celebrate, Sat night we're theming the bar into the Queen Vic for Gary Night, drinks on Gazza! 🥳

(Dress code: hoodie, joggers, footie socks & trainers)

Same

seeing all this hype about Gary's economics

it does make you put your Alex Jones tinfoil hat on

Bro was the best city trader

Bro has millions of followers across all social media in a year

Bro is a best selling author

Hmm could he be state backed asset

Come to think of it, didn't the Google guys start from a random garage in their mom's driveway

yeah totally believable bro