Peter McCormack
· 1w
New pod with Luke Gromen on why the West may already be in a sovereign debt spiral.
We cover:
- Why governments can’t pay the debt
- Why the system requires inflation
- What deflation breaks
- Why ...
While I respect Luke’s takes in general, his absolute deference to Elon musk is hilarious. Musk is retarded. His only wildly successful ventures are things that already existed that he arguably fucked up. Like he let the model s and x wither so he could chase his retarded cyber truck which everyone knows sucks balls. Musks starship is retarded. His other space shit is based on other people’s tech. The fact that Luke thinks he is the smartest mans on the planet puts a ton of doubt in Luke’s views of the future.