i remember seeing an anon posting the valuation on ct last month, seems like it’s accurate
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History shows us that having too much debt during an economic downturn leads to a classic, self-reinforcing cycle where:
1) The empire can no longer borrow the money to repay its debts
2) It prints a lot of new money, which devalues the currency and raises inflation
3) Living standards decline, leading to the rise of political extremism
4) Turbulent economic conditions undermine productivity and there is conflict about how to divide the shrinking resources
5) Populist leaders emerge pledging to take control and bring about order
https://x.com/raydalio/status/1987999761748877572?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
1) The empire can no longer borrow the money to repay its debts
2) It prints a lot of new money, which devalues the currency and raises inflation
3) Living standards decline, leading to the rise of political extremism
4) Turbulent economic conditions undermine productivity and there is conflict about how to divide the shrinking resources
5) Populist leaders emerge pledging to take control and bring about order
https://x.com/raydalio/status/1987999761748877572?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
X (formerly Twitter)
Ray Dalio (@RayDalio) on X
History shows us that having too much debt during an economic downturn leads to a classic, self-reinforcing cycle where:
1) The empire can no longer borrow the money to repay its debts
2) It prints a lot of new money, which devalues the currency and raises…
1) The empire can no longer borrow the money to repay its debts
2) It prints a lot of new money, which devalues the currency and raises…
👍4
Forwarded from Frens Market Feeds
On the Empire podcast, Phantom Wallet CEO Brandon Millman said the company has no plans to launch its own blockchain or pursue an IPO, focusing instead on the Solana ecosystem and user-facing products. While Phantom has IPO potential, he said the company prefers to expand through private funding backed by investors like a16z, Paradigm, and Sequoia. — link
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Forwarded from unfolded. DeFi
Polymarket quietly relaunches US trading platform in beta mode: Bloomberg — link | AI comment
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Forwarded from Birds of a Feather
We’ve finally lost 100k. This is significant for 2 main reasons.
1. This was the last stand for HTF bulls to call the bull market structure intact. The 50W trendline has now officially been broken for the first time since the cycle started in 2022.
2. 100k is a very psychological level. After being defended 3/4 times and finally giving way, it will now be seen as resistance.
I have no interest bidding this dip given what I’ve said above, and will look for low 90s as the first area of interest.
Preservation mode time again.
1. This was the last stand for HTF bulls to call the bull market structure intact. The 50W trendline has now officially been broken for the first time since the cycle started in 2022.
2. 100k is a very psychological level. After being defended 3/4 times and finally giving way, it will now be seen as resistance.
I have no interest bidding this dip given what I’ve said above, and will look for low 90s as the first area of interest.
Preservation mode time again.
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finally back after almost a month away from the screens and idt i missed much
went for a quick reflection trip the past week overseas
i'm back to majority cash and just sitting it out for now
this means more reading, researching, and lesser time spent on watching the markets
for now, i will be redirecting my attention to life maxxing (health, family, life, and everything in between), hence will be more active in the other tg
feels like i've lost myself for a bit after locking in for prolonged periods
i will still be reading and sharing stuff as usual, maybe of a lesser frequency as i reduce my crypto screen time
personally still enthusiastic about this space and i hope you still are too! :-)
as usual, prioritize survival and do what is best for you
the future is bright
invert.
went for a quick reflection trip the past week overseas
i'm back to majority cash and just sitting it out for now
this means more reading, researching, and lesser time spent on watching the markets
for now, i will be redirecting my attention to life maxxing (health, family, life, and everything in between), hence will be more active in the other tg
feels like i've lost myself for a bit after locking in for prolonged periods
i will still be reading and sharing stuff as usual, maybe of a lesser frequency as i reduce my crypto screen time
personally still enthusiastic about this space and i hope you still are too! :-)
as usual, prioritize survival and do what is best for you
the future is bright
invert.
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