Gm nostriches, happy Saturday freaks, loving
@Luke Gromen with
@nat brunell, doomer, yeah, but also a realist, “change your sails if the wind isn’t right!!!” White collar workers are in for a rough time.
https://fountain.fm/episode/mcXIY3nfsVsG3tVAgSrg
Bond markets appear to have cooled momentarily, but zoom out and this is all sorts of awful, governments literally have no money to cover interest payments and as unemployment 🚀 inflation will crush, “inflate away the debt” is the road to serfdom
The overly bearish limit buy from last month would have been hit at £45k (fuck). A touch on an ultimately none helpful perspective; the bottom won’t be in, until you place a limit order that never fills. But also, don’t be the 2022 “I’m waiting until $10k”.
After my work colleague chat, I take real comfort in the fact that unlike him, if everything goes to hell, I can actually pick up a bag with clean underwear (optional and my net worth in 5 minutes to get the hell out of dodge. Without bitcoin, he can’t.
$60k, bottom or not, is an awesome place to get on or solidify your conviction. #coffeechain kinda morning.