The Pomp Podcast #1559 Jordi Visser | Trump vs Elon: What This Means For Bitcoin
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Jun 7, 2025 
Jordi Visser, a seasoned macro investor and Substack writer, dives into the spicy feud between Elon Musk and Donald Trump. He explains how this rivalry could influence investment strategies, especially regarding Bitcoin and stablecoins. The conversation highlights the contrasting dynamics of the industrial and digital economies, emphasizing the need for entrepreneurial growth amid government debt. Visser also discusses the impending impact of AI on market predictions and personal decision-making. It’s a must-listen for anyone interested in navigating today’s economic landscape!
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Elon Musk Highlights U.S. Fiscal Limits
- Elon Musk's public feud with Trump highlights the unsolvable fiscal debt and deficit issues in the U.S. economy.
- Fiscal austerity measures have been exhausted, making government financial problems inevitable.
Three-Part U.S. Economy Explained
- The U.S. economy now consists of three parts: a slow industrial economy burdened by debt, a fast-growing debt-free digital economy, and a massive government economy.
- Government spending cannot shrink due to rising healthcare costs and social benefits, making debt-to-GDP reduction unrealistic.
Signs of V-Shaped Recovery
- The economic data indicates a V-shaped recovery, with Q2 growth roaring back after a distorted Q1 due to trade imbalances.
- The economy is not in recession, but challenges like a soft housing market and job growth issues are emerging.