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BTC101: 4th Quarter Macro Overview w/ Luke Gromen (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
The Western Sovereigns Are So Indebted That They Absolutely Cannot Survive
You can't pay them in paper that falls 8 to 10% per year against their NGO, but they're just better keeping the energy on the ground. On the other side, the Western sovereigns are so indebted that they absolutely cannot survive if they don't trade paper that falls 8 to 10% in energy terms for energy. They blow up. We're watching it happen before our very eyes empirically.
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