Demetri Kofinas interviews Michael Nicoletos, founder and CEO of DeFi Advisors, about his biography, Dollar Doomerism, the Euro, BRICS currency, interest rates, inflation, geopolitics, national security challenges in Europe, US preparations for a war over Taiwan, China's economy, and reasons for hope in the future.

Michael Nicoletos, Founder and CEO of DeFi Advisors, is a seasoned macro investor with over 20 years of experience. He delves into China's staggering $19 trillion crisis and its potential global repercussions, discussing the risks of currency devaluation and banking instability. Nicoletos emphasizes the resilience of U.S. markets, buoyed by global liquidity, and shares insights on safe investment havens. He also tackles the implications of a new BRICS currency and its challenge to the U.S. dollar, alongside strategies for navigating economic uncertainties.

David Woo, CEO of David Wu Unbound and former top Wall Street analyst, raises alarms about potential market shocks from escalating Israel-Iran tensions. Jonathan Wellum of Rockling critiques market complacency and stresses defensive investment strategies. Tian Yang, founder of Variant Perceptin, introduces the concept of 'Schrödinger's Recession,' highlighting the complex state of the U.S. economy. Michael Nicoletos from DeFi Advisors discusses how global liquidity influences the U.S. economy and the enduring strength of the dollar.