6min chapter

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Swan Private Macro Friday with John Haar, Sam Callahan, and Steven Lubka + Bitcoin Bike Tour with Sidd - May 12th, 2023

The Café Bitcoin Podcast

CHAPTER

The Right Hemisphere Trad's Predictions

Dr. Druckenmiller said anecdotal information, pink is really smart, because the data is always out of whack. By hard landing he means 20% plus decline in corporate profits, unemployment going up past 5%. Corporate bankruptcies have increased at the fastest rate to start a year in 2023 since 2009. And so we're really starting to see corporations start to actually go into bankruptcy and that inflation really starts hit them. Joe Carlos: As Bitcoiners, we put undue influence on the medium exchange, the store value aspect of the financial system. It leads us to some can miss misconceptions about how the financial system is constructed.

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