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#1295 Raoul Pal on Bitcoin, Ethereum, Solana & Macro Environment

The Pomp Podcast

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Raoul Pal's Everything Code Thesis

The Everything Code Thesis is a culmination of 30 years of work, revealing that the world is broken due to excessive debt and demographic challenges. The ISM, business cycle, and purchasing manager surveys show a consistent four-year cycle since the 2008 debt jubilee when central banks cut rates to zero. This reset the debt to a shorter maturity, aligning with the presidential cycle and Bitcoin halving cycle. The world will continue in this cyclical pattern until the underlying debt problem is resolved.

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