Octavian Augustus

[Octavian Augustus @MAXIMUSERIDIUS]

@Kanalplan1915 @the_esports_god

[Octavian Augustus @MAXIMUSERIDIUS]

@the_esports_god @Nebraskangooner Follow back Mr Telemachus

[Octavian Augustus @MAXIMUSERIDIUS]

@samtripoli

[@levelsio @levelsio]

It's funny, if you buy a:
- car
- furniture
- machinery
- laptop
- washing machine
- oven
- most things really

You expect it to depreciate and lose value, because why wouldn't it?

But when buying houses, the banks and government created this artificial system where they NEED house prices to always go up to make it a good investment for people

And people get elected for keeping this system, or else social revolt would start

This entire system relies on a perpetual housing shortage

Which is why most people now can't afford to buy a house and many can't even afford to rent

No politician is gonna risk changing that because it'd probably be a career ender, that is until the people that can NOT afford a home become powerful enough to elect some revolutionary politician into power

[Octavian Augustus @MAXIMUSERIDIUS]

@AndyHanson4572 @xDaily_Know @_tealswan

[Brian Roemmele @BrianRoemmele]

Option to obligation.

Are we winning now?

[Calvin Correli @calvincorreli]

Catherine Fitts on @TuckerCarlson mentioned this clip of Sir James Goldsmith explaining globalization to Charlie Rose in 1994.

It seems like things went exactly the way he said.

The most important thing I took from it is that the economy should be there to serve society, not society to serve the economy.

We've gotten that so backwards.

[Sizwe SikaMusi @SizweLo]

South Africa is not on the brink of collapse. It is collapsing—slowly, carefully—under the supervision of its ruling elites. This is a managed collapse strategy: the deliberate acceptance of economic stagnation and slow degradation to protect existing wealth structures
🧵🧵

[Danielle DiMartino Booth @DiMartinoBooth]

“I don’t care if you call it a recession or not, in this industry that’s a recession.”

@SouthwestAir CEO Bob Jordan calling BS on @nberpubs as demand for domestic leisure travel has dropped more than he’s ever seen outside of the pandemic.

It’s ABOUT TIME a CEO spoke the truth.

[Adam Livingston @AdamBLiv]

So Tether, Softbank, and Cantor Fitzgerald are forming 21 Capital with CEO Jack Mallers.

Let's be real:

This is a corporate exoskeleton for Tether's global liquidity machine to operate inside U.S. equity markets and hoard the scarcest asset on Earth without regulatory speedbumps.

It’s like giving a cartel diplomatic immunity, then asking it to do quarterly earnings calls.

SoftBank didn't join for fun. They saw MSTR mint a 2,000+% return on BTC purchases and said, “Cool, now let’s do it ourselves."

This company is launching with $585M in PIPE funding, $385M of it in convertible notes backed by Bitcoin at a 3:1 collateral ratio.

That’s financial LSD for every structuring desk on the Street.

The moment BTC rips, they release collateral, unlock capital, and buy more. Recursive BTC compounding inside a public vehicle.

This is Saylor with a global stablecoin treasury, a high-frequency derivatives desk, and a Tokyo war chest.

They literally measure success in Bitcoin Per Share (BPS) and Bitcoin Rate of Return (BRR) - not fiat cash flow, not EBITDA, not shareholder yield. Bitcoin. Per. Share. That’s the KPI. That’s the religion.

And here’s the kicker: Tether will own majority control.

That’s like OPEC launching a public oil ETF that owns half the oil and pricing it at NAV.

And Wall Street’s fine with this. Why? Because the fees are good, the volatility is tradable, and the suckers at home still think we’re “early.”

This isn’t the institutional adoption phase anymore.

This is the corporatized colonization of the Bitcoin protocol, executed through a Cayman shell and priced in your grandchildren’s tears.

You’re not front-running Wall Street anymore.

You’re being front-fed the illusion that you are.

And the price?

You’ll watch it go vertical while CNBC blames inflation and 7 sovereign ETFs pretend they understand what just happened.

Bitcoin’s next leg up won’t be demand-driven. It will be capital-structured. Engineered. Manufactured. Monetized.

Mega corporations are now turning Bitcoin it into the new global collateral standard - and selling you the derivative.

Welcome to the great absorption.

Hope you brought a chart.

[Ryan Petersen @typesfast]

In the 3 weeks since the tariffs took effect, ocean container bookings from China to the United States are down over 60% industry wide. 🧵

[Ryan Holiday @RyanHoliday]

The Naval Academy canceled my lecture on wisdom:

[Wall Street Apes @WallStreetApes]

Private Equity Firms are DESTROYING American Businesses they same way they bankrupted Toys "R" Us and put them out of business

Here’s how they did it

- After signing for Toys "R" Us, they sold all of the land under every store they own in the United States
- Private Equity sold it to their sister firms that they also own, their real estate investment trust
- They sell the land to themselves for cheap and then lease the land back to Toys”R”Us for expensive rates
- So now Toys”R”Us has a lease they didn't have when they were still successful

- So next private equity went to look at all Toys”R”Us’ warehouses where they have backstock that carries them over in economic downturn. They began to sell that to a liquidator, all of the extra stock
- Next private equity sold all the Toys”R”Us’ warehouses, to their own real estate investment firms
- Private equity now leases back all of the infrastructure Toys”R”Us had built over the last 100 years to become the successful powerhouse it was

“They decimated Toys”R”Us in literally 2 years. At the end of this, Toys”R”Us can no longer make their payments to the bank, so they're going to have to file bankruptcy.

And then what's going to happen is all of the assets that Toys R Us had left, which is largely only the intellectual property at this point, we're going to have a fire sale. And you know who's going to buy it for pennies on the dollar? One of our sister private equity firms. And they're going to get the intellectual property, then we're going to sell that to Macy's to use, and then we're going to go buy Macy's and we're going to start over again.”

This happens to business after business in America and it must be stopped.

[Radigan Carter @radigancarter]

Some things can’t be rushed

Appreciate @LukeGromen sending this to me.

This dude is saying the quiet part out loud and it matches with my experience in industrial process and my father’s experience in electrical transmission and plant pre-commissioning.

Before doing overseas security, I built industrial plants overseas. I was one of three Americans on a plant I worked on in 2007-2012.

Was an eye opening experience out of college competing head on against dudes hungrier than me. I tried to hire other Americans. Ended up firing all 15. They couldn’t adapt to the fact they weren’t in the US.

My team ended up being Irish, Indian, Romanian, Filipino, Nepalese, Syrian, and South Korean and their quality of work was solid.

At the same time my father was killing it doing commissioning on big power generation plants and electrical transmission systems. Mostly because he was one of a handful of people on the planet with experience on all three turbine designs and the US wasn’t building enough plants to keep young guys employed so only his generation had the knowledge.

He finally retired at 70, turning down $2k/day. He has all of these out of print technical manuals on all kinds of plants with handwritten notes from guys who commissioned plants back in the 1960s. He said the old timers gave them to him when he learned commissioning in the 80s.

I asked him why he didn’t pass them on and he said to who? All the guys commissioning are either old like me or guys from overseas. Even you don’t do industrial process anymore, you make a living with gun because the money was better. He was right.

The US is missing a generation, maybe two now in technical expertise. A generation to relearn all of this and get good at it again, and a generation to be taught the lessons and take it forward.

That second generation is where China is now. Tariffs might help restart the industrialization process but it won’t be easy or fast.

We’re talking about a process that can’t be rushed. Will take decades of support across different administrations as we’re more polarized.

As this reality sets in, many complicating factors will have to be addressed.

1) I doubt the people replaced with automaton will retrain. Read my previous thread on my buddy’s potato chip plant. You replace dudes putting potato chips in cardboard boxes during a tight unemployment business cycle those dudes aren’t going to reskill. They’re going to sit at home, vote for whoever promises to give them more entitlements and steal amazon packages off your front porch.

2) From the other end are the white collar people who are going to be replaced with AI in the next decade. I use it a lot for work overseas as it is, and sure, sometimes it’s like I’m talking to a retard I have to remind it of things, but it doesn’t have to be amazing to replace six people in the travel voucher approval process. just needs to read a spreadsheet and consult the guidelines of what’s allowed.

Those white collar people aren’t going to want to reskill either.

You think some dude in cubicleland wants to go from being in project controls to putting a leather welding cape on and laying in the desert when it’s 105 and keeping scorpions from running up his pants leg because there’s shade?

They’ll just be the other end of the extreme voting for whoever tells them it’s ok and they don’t have to reskill.

3) Are people in financial markets really willing to take the pain necessary to make this happen? We can have whatever we want if we’re willing to take enough pain but so far I don’t see much honesty about the cost, all I see is people hoping decades can be undone in a few months.

Hopefully I’m totally wrong about this, and we get beautiful abundance from tech and deflation because otherwise there’s going to be a lot of disillusioned people who still get a vote.

[Octavian Augustus @MAXIMUSERIDIUS]

@tim_cato Nico & Patrick the Usurpers. U can’t make this up.

[Octavian Augustus @MAXIMUSERIDIUS]

@TimJDillon Diabolical

[Octavian Augustus @MAXIMUSERIDIUS]

@PeteThamel No hostages, No prisoners just business

[Glenn Greenwald @ggreenwald]

Go watch the 1992 presidential debate. Ross Perot stood on that stage with two free traders -- Bill Clinton and George HW Bush -- and warned Americans of exactly what NAFTA would do to their jobs. It was very prescient.

Yet he was the one the media depicted as a crazy crackpot.

[Octavian Augustus @MAXIMUSERIDIUS]

@ShamsCharania They are cleaning house to ensure they can maximise Jokic going forward. Some players getting traded come hell or high water.
Michael Malone bravissimo 🫡🎆🍾

[Smug Doomposting Publishing House @Smug_editing]

It's honestly near impossible to explain the looooong term view/explanation on "why a senior WH official saying the post-WWII order is over is yuge" in only 25 or so tweets, but I'll try to do so. Short and simple.

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