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BCB104: JOE CONSORTI: Recession, Real Estate, Banks & Left Nipples (Macro Update)

Blue Collar Bitcoin

CHAPTER

The Global Economy: What in the Fuck Is Going On?

The two of us are blown away that someone your age can have this good of a grasp. I guess Josh, that's the advantage of having no kids and no commitments whatsoever. You can literally just study econ all day, every day. And apparently an excess of cocaine. Coke and unlimited time. That's like two of the three pedestals that you need to live a healthy life. Don't ask what the third is. It's a punctomination. The Fed has artificially slammed the cost of capital to zero. These can borrow for nothing. Still not paying for the house, right? They're going to stop at four or five years from now because there's no economic deterioration that

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