So now that everything is synched across the globe like this - the black swan event in my eye is some sovereign has a crisis - there are so many swaps, intertwined financial system would lead to chaos everywhere, all at once?
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"Oz - then why are you leading with a picture of your cat?"
Cause her belief system is exactly like that of the USD and the US government - she thinks she is the center of the universe and everything revolves around her...
👇🧵
Oil going up in price is deflationary - if people are spending all their money on fuel, they arent buying anything else.
But US is an oil producer - the biggest oil producer on the planet right now actually....and everyone - especially europe - needs it.
After poot invaded ukraine, US set in motion price controls + money printing to fight that deflationary force.
It was a plan that biden and G7 hoped would end the war quickly, starve russia of revenue, and G7 would come out on top.
If you go to the local market the sparkly has a known value.
Say the local value is 100 schmeckels.
🧵👇
But one day you decide to travel to country Zenoblob.
In Zenoblob that sparkly is HIGHLY desired.
You can break of just a tiny bit of the sparkly and with it you can exchange that tiny bit for the best restaurants, the best transportation, the best hotels and still have a lot of sparkly left over.
You go home thinking you are a genius so you start looking for more sparkly.
You find another chunk of sparkly and this year you try the same thing again.