Macro Hang #3 (and Bitcoin 2022 conference recap) w/ @JeffBooth @FossGregfoss @PrestonPysh
Bitcoin Rapid-Fire
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The Debt Crisis Is Just Kicking the Can Again
There was a window of opportunity after the great financial crisis to bring in austerity. But every time they trid to do it, temper taper tantrum. And so these are the four year terms that are bumping up against 20 year cycles. There is no mathematical way out, except for debasing the debt. I just hope that we have enough guy stiddered,. evenh the ito def capital eko system that they're trying to develop will help to get this network set up.
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