It’s too late for this weekend but what would interest me is how war would affect the western financial system eg Europe at war with Russia or US vs China. It’s pretty grim but looks very possible. What would happen? Bank failures or bail ins, capital controls, massive inflation, failure of pension schemes etc. how to prepare wisely for it? Maybe fixed rate mortgages, real assets, ownership rather than leasing?
It seems they did, for now. The double pump is now likely on tap and they will make another run at it. When you have the Trumps kids and Loomis pumping, and every network willing to have scammers like Saylor and Lee on repeatedly, and (while it seems surprising) there remain fools to be had, we should expect a decent bounce.
But it won’t last, because as your comments says in a few words, it literally can’t last.
I’m interested in your perspective on BTC. Anything you might wish to share. Thoughts about the creation story, original transactional use case morphing into store of value story morphing into co-opted by Wall St etc.
And whether you believe what’s occurred over the past 18 months was organic or long planned.
And your view into the future.
I recognize that no matter what you’ll have haters either way and might want to avoid the topic altogether. And that would be ok, no need to alienate a swath of readers in an issue where non of us plebes really know.
I'll have to think about this one as to whether there is really much of value I could say about crypto because crypto has always seemed like a black box to me that makes no sense, and it would take a huge amount of research for me to get to where it does make sense to me, so I've never gone down that path, having so much else to focus on.
Some of my most loyal supporters are making money at it and I wish them well. Because I really don't understand how it works or why anyone would want that vast ocean of complexity to make any form of "money" work, I generally stay away from the question. Still, maybe I will venture into expressing my concerns about it. They are many. My ignorance may shine through my concerns with a dull tarnish, so we'll see if I decide I dare venture there.
Totally understand. It seems there is no middle ground and no matter how you slice and dice, someone not going to like it. Best to have an opinion, and keep it a mystery.
I am thinking about lost confidence in Trump, USA, US Treas and especially our dollar. Gold and silver are in sync with this lost confidence but not the NASDAQ that I understand is now approx 40% owned by foreigners. I would expect ABUSA (anything but USA) on the part of foreigners. Why are they sticking with us?
I think I'll make your recommendation of focusing on the sweeping loss of confidence in Trump the first of the recommended topics, which I'll take on this weekend because--with the loss of his strongest MAGA supporter this weekend (MTG) and the outcry by her arch nemesis, Laura Loomer, that Trump, if I understand her complaints, is going to cause the Republicans to lose the next election, which MTG also claims (as Loomer takes credit now for MTGs downfall)--the cascading confidence in Trump is particularly salient this weekend.
In my view, the loss of support for Trump — the man, the legend, the demigod — in less than a year is remarkable. The guy who claimed in January, 2016 that he could “stand in the middle of Fifth Avenue and shoot somebody and I wouldn't lose any voters” currently has a 41% approval rating.
Thanks, Robert. I'll make a list from everyone's comments of those were I think I might be able to add something of value and pick one for this week, then keep the list for any future weeks that were low-news weeks or where the news was on something I've written about to death.
It’s too late for this weekend but what would interest me is how war would affect the western financial system eg Europe at war with Russia or US vs China. It’s pretty grim but looks very possible. What would happen? Bank failures or bail ins, capital controls, massive inflation, failure of pension schemes etc. how to prepare wisely for it? Maybe fixed rate mortgages, real assets, ownership rather than leasing?
It seems they did, for now. The double pump is now likely on tap and they will make another run at it. When you have the Trumps kids and Loomis pumping, and every network willing to have scammers like Saylor and Lee on repeatedly, and (while it seems surprising) there remain fools to be had, we should expect a decent bounce.
But it won’t last, because as your comments says in a few words, it literally can’t last.
I’m interested in your perspective on BTC. Anything you might wish to share. Thoughts about the creation story, original transactional use case morphing into store of value story morphing into co-opted by Wall St etc.
And whether you believe what’s occurred over the past 18 months was organic or long planned.
And your view into the future.
I recognize that no matter what you’ll have haters either way and might want to avoid the topic altogether. And that would be ok, no need to alienate a swath of readers in an issue where non of us plebes really know.
I'll have to think about this one as to whether there is really much of value I could say about crypto because crypto has always seemed like a black box to me that makes no sense, and it would take a huge amount of research for me to get to where it does make sense to me, so I've never gone down that path, having so much else to focus on.
Some of my most loyal supporters are making money at it and I wish them well. Because I really don't understand how it works or why anyone would want that vast ocean of complexity to make any form of "money" work, I generally stay away from the question. Still, maybe I will venture into expressing my concerns about it. They are many. My ignorance may shine through my concerns with a dull tarnish, so we'll see if I decide I dare venture there.
Totally understand. It seems there is no middle ground and no matter how you slice and dice, someone not going to like it. Best to have an opinion, and keep it a mystery.
Just a quick thought: It seems the crypto world has run out of “greater fools.”
I am thinking about lost confidence in Trump, USA, US Treas and especially our dollar. Gold and silver are in sync with this lost confidence but not the NASDAQ that I understand is now approx 40% owned by foreigners. I would expect ABUSA (anything but USA) on the part of foreigners. Why are they sticking with us?
I think I'll make your recommendation of focusing on the sweeping loss of confidence in Trump the first of the recommended topics, which I'll take on this weekend because--with the loss of his strongest MAGA supporter this weekend (MTG) and the outcry by her arch nemesis, Laura Loomer, that Trump, if I understand her complaints, is going to cause the Republicans to lose the next election, which MTG also claims (as Loomer takes credit now for MTGs downfall)--the cascading confidence in Trump is particularly salient this weekend.
In my view, the loss of support for Trump — the man, the legend, the demigod — in less than a year is remarkable. The guy who claimed in January, 2016 that he could “stand in the middle of Fifth Avenue and shoot somebody and I wouldn't lose any voters” currently has a 41% approval rating.
Thanks, Robert. I'll make a list from everyone's comments of those were I think I might be able to add something of value and pick one for this week, then keep the list for any future weeks that were low-news weeks or where the news was on something I've written about to death.