Read_747 - The Bondholder's Burning Platform [Croesus]

July 11, 2023 00:54:53
Read_747 - The Bondholder's Burning Platform [Croesus]
Bitcoin Audible
Read_747 - The Bondholder's Burning Platform [Croesus]

Jul 11 2023 | 00:54:53

/

Hosted By

Guy Swann

Show Notes

"Since 1800, in 51 out of 52 cases where a country’s debt-to-GDP ratio reached 130%, the country eventually defaulted. The only exception is current Japan, who is frankly in the final stages of circling the drain (e.g., central bank asset purchases and yield curve control).

Where is the US now? 129% debt-to-GDP." — Jesse Myers


Don't miss this excellent breakdown and visual analogy for the state of government debt and the promises of the US Treasury and the impossibility of a stable or growing value of the dollar in the future. The debt will be paid, in nominal terms, but the ability to hide the value loss in inflation overseas, is not holding up. Then add to this the BRICS nations establishing an eastern block of economic and monetary power... and you have a recipe for fire. Hope you aren't invested in wood...


Check out the article and the many other great links mentioned in the show:

The Bondholder's Burning Platform - by Jesse Myers:

https://www.onceinaspecies.com/p/the-bondholders-burning-platform

The Capital Strip Mine:

https://open.spotify.com/episode/6ifbWDnYHRGxrhd1NPv4BS?si=4da8844065a74db1

Read_587 - Bitcoin & The American West:

https://open.spotify.com/episode/0yEVCnBkTHT4IL01hEwTGe?si=c131120a77d34283

Read_512 - Why The Yuppie Elite Dismiss Bitcoin:

https://open.spotify.com/episode/0opbypclyNDF1GtwiL6Nbo?si=7d426c81415a43b8


A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show!

• Code BITCOINAUDIBLE gets 9% off the ColdCardhttps://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠

• Debit card with Sats Back on EVERYTHING: bitcoinaudible.com/fold

⁠⁠⁠⁠⁠⁠⁠• Buy Bitcoin at https://swanbitcoin.com/guy


-------------------------------

"All that is gold does not glitter, Not all those who wander are lost." — J.R.R. Tolkien

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

January 30, 2024 01:15:04
Episode Cover

Chat_091 - Economic Myths & The Dollar's Destiny with Dr. Robert Murphy

In today's chat we dive into destroying economic myths and unraveling the political divides of our time toward what future they may be leading...

Listen

Episode

November 07, 2018 01:35:16
Episode Cover

Shelling Out - The Origins of Money [Nick Szabo]

"The precursors of money, along with language, enabled early modern humans to solve problems of cooperation that other animals cannot – including problems of...

Listen

Episode

November 09, 2018 00:24:14
Episode Cover

CryptoQuikRead_182 - The Business of Bitcoin Cold Storage [Nik Bhatia]

"As investors reallocate their current investment portfolios to include bitcoin, trillions of dollars in market capitalization appreciation becomes an inevitable result"  -Nik Bhatia Another...

Listen