Thread by @davetroy

1/Thiel, HRF, Musk, Putin, Flynn are synchronized not necessarily because of explicit coordination but because of interest alignment and network influence, according to two sources close to these networks I spoke with yesterday.

2/The idea of crashing the dollar, defaulting on US debt, shifting oil transactions away from the dollar as the world reserve currency, is something of a libertarian fantasy trope, an archetypal myth that would validate Austrian School theory, and thus becomes a myth, a legend.

3/This trope thus becomes the morality play at the heart of every doomsday tale: the moment when the truth is revealed, society collapses and must atone for its profligate spending and moral sins, and the weak (“fiat”) heretics are separated from the pure (“gold”) believers.

4/This also sounds like apocalyptic Christianity and UFO cults. This isn’t a coincidence. This in-group/out-group sorting is the cathartic, near orgasmic fantasy that lives at the end of every purity cult. The fact the gold/UFO/Christian purity cults have merged isn’t surprising.

5/The gravitational draw of this meme has provided a swath of groups from the people I named above to CNP and JBS a common narrative, a “Schelling Point” for coordinated action, which due to world events (pandemic; inflation fears; global tensions; disinfo) are synchronized.

6/The danger of this specific moment is the confluence of all of these actors pulling in the same direction. I also am told that Thiel and Musk are engaged in a bit of a pissing contest, to see who can be the bigger “John Galt” in the world of libertarian fantasy.

7/Steve Bannon, meanwhile, has been doing what he can to try to egg these players on, and inject deep geopolitical thinking from people like Dugin. His activities may be somewhat curtailed now; we’ll see. Coordinated activity between these actors and Russia/China is dangerous.

8/On Saturday my danger reading (out of 10) was about 8, and today is about 7. McConnell is making noise about passing debt ceiling limit increase; info from staffers confirms that. Bannon is being watched. BTC is falling. All good indicators, for now.

9/The fact that HRF/Gladstein has gone into overdrive is of concern. HRF does seem to be a Thiel-controlled entity at this point, and the sudden acceleration of its BTC activity suggests some kind of desire for near term confrontation. That’s worth keeping an eye on.

10/Thiel moving to DC (buying Wilbur Ross’ house) suggests he is looking ahead to when Blake Masters and/or JD Vance win Senate seats and Thiel can oversee them and their networks more closely. That is also of concern.

11/Sinema appears to be owned by crypto and MLM interests, and Manchin is taking coal/Koch money. They are not reliable D votes in the least. So that also needs to be taken into account. However, if we can get through the next two or three months, there is cause for optimism.

12/Supply chain issues are improving daily, which will remove inflation from headlines and will dismantle the trigger for the “dollar collapse fantasy” playbook, and attendant authoritarian/martial law/purity cult cleanup myth. Once that bogeyman is extinguished…

13/it will be easier to put in place the checks and regulations that can deflate predatory activity in the crypto space. There is also an ongoing DOJ investigation of Tether, which is propping up BTC and other assets artificially, according to many. That just needs more time.

We see this reflected in the current crypto cult in the form of “NGMI” (not gonna make it) and “GMI” (gonna make it) — separating the wheat from the chaff, just as in the Biblical stories.

This video from Porter Stansberry (part of this libertarian network) describes these circumstances: inflation, debt default, end of dollar as reserve currency, rioting, prepping food/water.

It is from 2011. This is the archetypal libertarian fantasy.

14/So, hang tight: good things are on the way. 1) pass the debt ceiling raise, 2) get a booster so we can get past the pandemic, 3) ignore the inflation disinfo. If we can make it through the end of the year, we can likely push past this very dark moment.

15/If you have more good intel on this set of situations, please contact me via email at this username at gmail, or via DM (open). Have a great holiday, all. We have so much to be thankful for, despite… <gestures at 🌎 >. 🙏🏼