There Will Be Blood
The ACID Capitalist Podcast
00:00
The Seagulls and the Sardinines Are the Collateral Damage
If you were speculating and now seeking to buy treasuries on these very, very deep drawdowns, would be the sea gulls and the sardines. And then the other thing would be looking at the discretionary consumer stalks,. Air lines, am ship cruising companies, restaurants, the list is endless. They are saying that under the corsh of these discretionary items like filling your car up, h with gas, and you've got less and less to spend on a discretionary basis. So these are things which actually then throw the economy off its perch.
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