"Every single co in the industry invested badly at the same time... every single competitor made the exact same mistake, in the same direction." - Caitlin Long
If you missed the epic Twitter Thread from Caitlin Long on the state of the global financial markets, and how we managed to find ourselves in such a disastrous, then worry no longer. Now Audible, followed by Guy's commentary on the concepts she outlines, her excellent episode on Pompliano's show, and on the fundamental economics that had gone awry to bring us to this ultimate end.
Link to the original thread below:
https://twitter.com/CaitlinLong_/status/1238915150368792576
Don't forget to follow Caitlin on Twitter as well as Avanti Bank & Trust so you don't miss the incredible work toward building a foundation to replace the old, broken system:
https://twitter.com/AvantiBT
Check out the episode with Pomp to hear her expand on these ideas:
https://open.spotify.com/episode/2SHS4ZaPoBRK3tYuxRS56U
Previous reads mentioned in the commentary that will help shine a light on the fundamental economics being violated by our central banking system.
• Use of Knowledge in Society by Hayek
Part 1: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj
Part 2: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0
• Distrust in Lebanese Banks Spurs Bitcoin Boom by Timour Azhari
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_360---Distrust-in-Lebanese-Banks-Spurs-Bitcoin-Boom-Timour-Azhari-eb6val
A huge thank you to Swan Bitcoin ❤️for supporting the Audible of the Bitcoin space!
"Owning bitcoin is often put in contrast to owning stock in a company that produces a good or service. In virtue of the company...
"To wit, we have raised the debt limit 22 times from 1997 to 2022. Yep, we’ve raised the limit 22 times in 25 years....
"Forget currencies and commodities… perhaps the right analogy for Bitcoin is LAND!" Flashback from 2014 with @gendal in an analogy that presents a unique...