Lt. Dan

Accountant 👨‍🦯

[Lt. Dan @LtDan__IceCream]

@2cc24117871e46b @romanhelmetguy I think millennials would be lucky to see $10 trillion of that at the current rate of inflation. Maybe if we’re even luckier, the national debt will still be less than that $85-90 trillion.

[Lt. Dan @LtDan__IceCream]

@escape2defi @Owennfa Seems like you missed the point of the post and responded in a “boomeresque” manner lol

[JD™ @LostMyHats]

Young men, don’t let anyone tell you that you aren’t a good capitalist because you rightfully complain about how hard it is to buy a home, pay your mounting bills, buy your family groceries, or keep a roof over your head.

It didn’t always used to be this way, the deck really is stacked against you, and turning you into debt cattle, tax slave, and lifelong renter were the goals of very wealthy and powerful people since they first assigned you a number. Because that’s what you are to them.

Your right to complain about it is written in your sweat and blood. And no. You are not experiencing “capitalism.” You are experiencing exploitation they call “capitalism.”

You are competing for a starter home against global capital with access to money you could never borrow at rates you could never get. You are paying taxes into a system that subsidizes corporations large enough to purchase the politicians who write the rules governing those corporations. You are watching losses get socialized while profits remain private, industries consolidate until “competition” means choosing which logo gets to fleece you, and financial institutions turn necessities like housing, medicine, education, and even food into investment vehicles to be squeezed for maximum yield.

That is not a free market. That is a market with a thumb and an entire federal bureaucracy sitting on the scale.

Real Capitalism requires meaningful competition, private property, enforceable contracts, and honest money. When the powerful can purchase exemptions, subsidies, bailouts, regulatory moats, preferential financing, cheap foreign labor, and political influence, while you get a mortgage at seven percent and a lecture about skipping Starbucks, somebody has rigged the %*#* game.

You work. You produce. You build. You fix. You haul. You create things people need. and then you watch an ever-growing procession of governments, banks, monopolies, middlemen, institutional investors, and politically connected parasites reach into your pocket to take it.

There is nothing anti-capitalist about objecting to that. That is a rigged table where the house writes the rules, deals the cards, owns the casino, lends you the money to play, and then calls you “anti-capitalist” and “unpatriotic” when you notice.

Heck, I’ll even complain *with* you. It’ll be fun. But we’ll have to do it while we work because a single day off might cause cascading financial ruin and then they’ll call us lazy.

[Lt. Dan @LtDan__IceCream]

@ColonelTowner Can you recommend any books on this?

[Alex Veremeyenko @alex_verem]

Let me trace the timeline here because nobody's connecting it.

Step 1: Scrape the entire internet. Every book, every article, every conversation, every piece of art, every forum post. Do it without asking. Do it without paying.

Step 2: Train a model on all of it. Call it "artificial intelligence."

Step 3: Go to BlackRock's Infrastructure Summit and announce: "We see a future where intelligence is a utility, like electricity or water, and people buy it from us on a meter."

Step 3 is where you sell people's own knowledge back to them. On a meter.

They took the collective output of human thought, compressed it into a model, and now they want to charge you by the token to access a version of what you and everyone you know already created.

One Reddit user put it perfectly: "They stole all this data from us, the people, our life's work, creativity, art, by devouring the internet and blowing through all copyright laws. Now they want to sell it back to us in the form of a utility."

Imagine if someone photocopied every book in the public library, burned the library down, and then opened a subscription service for the copies.

That's the metered intelligence business model.

And they're pitching it to infrastructure investors as though they invented water.

[Lt. Dan @LtDan__IceCream]

@DerrickArthor @jamierkennedy Could you recover from those misses?

[Dave Collum @DavidBCollum]

OK. I have gotten some guff—it was called "fear porn"—for a tweet so let me bounce this idea off y'all from a slightly elaborated model:

1) private equity is in big trouble because they are loaded with bullshit that is not marked to market and big players are beginning to panic.

2) The redemptions are rolling in above the standard contractual limit of 5% per quarter (up to 7%).

3) To cover the early redemptions PE sells the good stuff that has a market value.

4) As the garbage gets more concentrated in the funds, PE is taking on debt to cover redemptions. So you have more debt and more dregs.

5) For me, the shakiest part of my understanding is that the creditors (banks) will be senior, which means they get paid first.

6) Ergo, the late comers will be pulling from a fund in which mark-to-market is zero or even negative.

What is wrong or missing from this description?

[Lt. Dan @LtDan__IceCream]

@LeylaKuni Nor does it mean the individuals conducting the audit fully understand what they are looking at.

[Lt. Dan @LtDan__IceCream]

@LeylaKuni This explanation only scratched the surface of the cash flow problem, IMO. If your loans are “performing” due to a PIK situation, or interest “reserves”, paying vendors, making quarterly/monthly distribution payments, and servicing your own debt will eventually become a problem.

[Lt. Dan @LtDan__IceCream]

@VladTheInflator Sounds like a structured Ponzi scheme.

[Handre @Handre]

The Cantillon effect is the most devastating—and deliberately ignored—mechanism by which the state plunders the masses to enrich its cronies. When central banks create new money, it doesn't magically appear in everyone's pockets simultaneously. It flows first to politically connected banks, government contractors, and asset holders who get to spend this fresh purchasing power before prices rise.

These first recipients are the winners. They buy real assets, expand their businesses, and invest in stocks and real estate while prices still reflect the old money supply. Meanwhile, working families—last in line to receive this new money through wages—watch their purchasing power evaporate as prices rise ahead of their incomes. The wealth transfer is systematic, massive, and completely invisible to those being robbed.

This isn't some unintended consequence. It's the entire point. The state and its banking cartel have perfected what Scottish gambler John Law pioneered in 18th century France: legalized counterfeiting that redistributes wealth upward while the victims cheer for "economic stimulus." Wall Street celebrates quantitative easing while Main Street wonders why groceries cost twice as much.

British pedophile John Maynard Keynes knew exactly what he was doing when he advocated for inflation as economic policy. "By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens," he wrote. And confiscate they have—trillions transferred from savers to speculators, from workers to Wall Street.

Every dollar printed is a vote of no confidence in productive work and honest savings. The Cantillon effect proves that inflation isn't just theft—it's the most regressive tax ever devised, disguised as monetary policy.

[J.R.R. Tolkien @JRRTolkien]

“I wish it need not have happened in my time,” said Frodo.

“So do I,” said Gandalf, “and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us.”

— J.R.R. Tolkien

[Big Serge @witte_sergei]

Just spitballing here, but what about an air defense system that shoots down drones by putting up a high volume sheet of cannon fire with proximity detonation. We could call it Flak or something catchy like that.

[Lt. Dan @LtDan__IceCream]

@inness_ak @McBrideLawNYC Making defamatory claims about people you have little knowledge of, or interest in learning about, doesn’t seem very Christian to me.

[Lt. Dan @LtDan__IceCream]

@inness_ak @McBrideLawNYC It’s a wild stretch to conflate praying to the Blessed Mother as a rejection of Jesus. What significance does she hold in His absence? You obviously don’t know what Catholics believe in. Maybe get off the internet and go meet some real people….

[Oilfield Rando @Oilfield_Rando]

I dunno man seems like wars are super easy when the objective is to win and not launder a trillion dollars to your friends in the DC-VA-MD area for decades

[Lt. Dan @LtDan__IceCream]

@inness_ak @McBrideLawNYC This is the most absurd thing I’ve read on this site today. Have you ever met or interacted with a Catholic? Have you ever attended a Catholic mass?

[Proudofus.uk @ProudofusUK]

Pirates stole an entire Irish village.

A hundred and seven men, women and children. Taken from their beds. Sold in North Africa.

Only two ever came home.

It was 1631. And it was normal.

For thousands of years, the sea belonged to pirates. Barbary corsairs enslaved over a million Europeans. They raided as far as Iceland.

No nation on Earth could stop them.

So Britain built the largest navy in history. And went hunting.

They smashed the slave ports of North Africa. Three thousand people walked free in a single day. They chased pirates across the South China Sea.

Ocean by ocean, the hunting grounds went silent.

Britain built 46 bases to keep them that way. Every shipping lane on Earth. Protected.

Today, 80% of everything you own arrives by sea.

Britain didn't just rule the waves. She freed them.

Be Proud Of Us. 🇬🇧

Be part of us: https://t.co/wN9S2gRmFj 🙏

[Barbell Financial 💪🏻💰 @BarbellFi]

The life of a millennial:

- Graduated into the Great Recession

- Entry level jobs required 3 years experience

- Pensions replaced by the 401k

- Promoted at work meant a 2% raise & 200% more responsibility

- Felt stability in life then a pandemic

- Highest inflation in 50 years deleted pay raises

- Home prices doubled overnight forcing permanent renters

- Childcare costs 1 month of rent

- Juggling aging parents, young kids, burnout from work & the cost to live

- AI causing mass layoffs during peak earning years