James Lavish
· 106w
Not sure how to say this more clearly. The current administration either:
1) does not understand basic finance and economics at all,
or
2) understands both perfectly.
It is #2 that terrifies me.
Earlier this year I read ‘Principal’s for dealing with a changing world order’ and I’m currently working through ‘Fourth turning’.
Both are tough going and I’ve probably forgotten most of what I read already. One takeaway is that we’re very likely in for some painful times in the near future.
Being a natural pessimist this is easy for me to accept. What is harder, but I am coming around to, is that the economic and societal cycles will continue and good things will follow.
I thank my lucky stars that I found #Bitcoin when I did. The more I learn about #money, #economics, #history, the more convinced I become that Bitcoin will be central if not essential to prosperity in the future.