I enjoy listening to Ansel Lidner - chill, intelligent, visionary, and seemingly indifferent and stoic about the future. Pretty much the ideal profile for information :-)
"People are talking about $200$ oil, $250$ oil, $300$ oil. It can't do that. The economy can't handle the price of oil that high. I would crash the economy everywhere."
That is a valuable comment. Kicking the can goes a long way, so precise timing is impossible. Applies to Bitcoin, too.
"The world could be awash in oil [if it wasn't for] these OPEC production cuts."
This means that we are players in a game rather than dealing with universal forces and laws imposed by physics.
"Western countries measure their GDP by spending. What do consumers spend money on? China measures its GDP by spending. So they can build bridges to nowhere to increase GDP." ... "You might as well dig holes and fill them back in. It's actually worse than that because you need to spend money to maintain all these fancy bridges and fancy trains running at a loss".
... more clown world ...
"We have Kohl, Target, and Walmart cutting costs, missing earnings, showing that the consumer in the United States is not doing well. We are probably going to go into recession later this year. It's possible we are already in recession. Recession is always hindsight. They won't even make it official until quarters later, and then years later, they might be revising GDP. " - Ansel Lidner
https://www.youtube.com/live/3LZTESlz7ZY?si=680cn898lwZIn394
MariusFebruary / Marius
npub18km…xwnr
2024-06-02 21:46:41
Author Public Key
npub18kmu5s4gaq7qf02je6pk4xqckm5s2t5782596gkzk0r3tufpl9hs3gxwnrPublished at
2024-06-02 21:46:41Event JSON
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"content": "I enjoy listening to Ansel Lidner - chill, intelligent, visionary, and seemingly indifferent and stoic about the future. Pretty much the ideal profile for information :-)\n\n\"People are talking about $200$ oil, $250$ oil, $300$ oil. It can't do that. The economy can't handle the price of oil that high. I would crash the economy everywhere.\" \n\nThat is a valuable comment. Kicking the can goes a long way, so precise timing is impossible. Applies to Bitcoin, too.\n\n\"The world could be awash in oil [if it wasn't for] these OPEC production cuts.\"\n\nThis means that we are players in a game rather than dealing with universal forces and laws imposed by physics. \n\n\"Western countries measure their GDP by spending. What do consumers spend money on? China measures its GDP by spending. So they can build bridges to nowhere to increase GDP.\" ... \"You might as well dig holes and fill them back in. It's actually worse than that because you need to spend money to maintain all these fancy bridges and fancy trains running at a loss\".\n\n... more clown world ...\n\n\"We have Kohl, Target, and Walmart cutting costs, missing earnings, showing that the consumer in the United States is not doing well. We are probably going to go into recession later this year. It's possible we are already in recession. Recession is always hindsight. They won't even make it official until quarters later, and then years later, they might be revising GDP. \" - Ansel Lidner\n\nhttps://www.youtube.com/live/3LZTESlz7ZY?si=680cn898lwZIn394",
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