Global South, Zoltan, and Betting on Communists - Daily Live 1.27.23 | E308


Can't see player? - Listen here


In today's episode, I once again take on Zoltan Pozsar in his latest short article for the Financial Times. It's filled with the same old dribble about magically supplanting a unique post-WWII globalized system led by Washington, with the same thing led by Beijing. Of course, this is silly.

I do believe that the internationalized era where almost every country sang Kumbaya together, gorged on productive credit, and grew rapidly is over. But it won't be replaced by the same thing only under a different hegemon. It is the era of credit based money that is ending. We will go back to a neutral commodity money, namely bitcoin. Enjoy.

Charts and images

Bitcoin daily chart
S&P 500 daily chart
Dollar index DXY daily chart
US crude oil WTI chart 
US 10Y treasury yield chart

Subscribe to podcast
iTunes  |  Stitcher  |  Google Pods  |  Rumble  |  YouTube  |  Soundcloud  |  RSS

Join the Community
Telegram  |  Locals

Free Newsletter Check out our Free tier!

Support our content Become a paid member!

Other ways to support Big list of free ways to support!

The Bitcoin Dictionary! http://bitcoindictionary.cc
Understand key Bitcoin terms, concepts, and idioms.

Affiliates


**DISCLAIMER: This is not investment advice, do your own research.**