Damus
James Lavish profile picture
James Lavish
@james
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.
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₿lake · 103w
They understand the most advanced depths of modern monetary theory and Keynesian — that is to say, they don’t understand basic finance and economics at all. Cheers, James
Peter Alexander · 103w
Great seeing you on here more regularly. Next time you speak to Mike McGlone mention that his assessment of the Chinese bond market is entirely off the mark. Yields are collapsing for the single reason that bonds in China are the local TINA equivalent. I say this while typing from Shanghai.
Telluride · 103w
The truth is always somewhere in between. I have no doubt there are economic bureaucrats that understand it perfectly.
Economista Austriaco · 103w
some option 1 and others option 2
PostWarCards · 103w
There’s a lot of number two going on out there 💩
Joe Welbourn, Ph.D in HODL · 103w
They have one path: cheat the election.
₿uy the dip! 🌽🌎🟠 · 103w
I think # 2 is more likely since no one can be really that numb to the consequences of their plans. It is very terrifying in my opinion and to be honest I belive the "shaping" has been going on for a very long time already. US and the EU are on some very strange path which defies common sense thinki...
Andy Fowler · 103w
It’s #2 for sure
wymike · 103w
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 n...
alpha-bravo · 103w
More and more I get the feeling they believe their own bullshit. BTW I‘m from Austria 😀
BitBear · 103w
Sadly - if Klaus Schwab & WEF’s “prophesy” of America no longer being the dominant global power in the world… it would appear that the answer is 2 and the globalists are trying to destroy it deliberately.