Skif.eth

It’s just a Game.

[Peter Schiff @PeterSchiff]

The 10-year Treasury yield topped 5.33%, the highest since 2002. Our national debt in 2002 was just $6 trillion. Paying 5.33% on that entire amount would cost $319.8 billion annually. On today’s $40.1 trillion debt, it would cost $2.14 trillion annually—more than Social Security.

[Marta Havryshko @HavryshkoMarta]

The war in Ukraine will end when the West starts loving Ukraine more than it hates Russia.

[Skif.eth @asianskif]

Now we know who was stopping AI at @Meta

@ylecun hi!

[Skif.eth @asianskif]

@MelMattison1 Boomers will be fucked by the inflation. The generational wealth transfer from the Old.

[Autism Capital 🧩 @AutismCapital]

Meta crushed it today. You have to give credit when credit is due. That was an awesome keynote. The VR glasses are incredible. They leapt frogged Apple completely. Apple needs to figure something out fast. The Duo, touchscreen MBP, a wearable AI pendant, AI glasses, are all playing catch up. They don't spark magic. Meta just sparked magic with the VR glasses. Apple's next AVP (set to be released late 2028/2029) needs to quantum leap past Meta's VR glasses. Even just making it slightly better isn't enough. Meta VR glasses weigh 100g and cost $1300. M5 AVP + band weighs 750-800g and costs $3,700. It's no comparison. Can't stress enough how important what just happened today was. If Apple doesn't step up in a real way it was a changing of the guards moment.

[The Kobeissi Letter @KobeissiLetter]

The US 10Y Note Yield is now moving in a literal straight-line higher, up to 5.13%.

This is no longer an issue that we have months or years to address.

This is unsustainable.

[Peter Schiff @PeterSchiff]

What if by 2029 the national debt is $50 trillion and the average interest cost is 8%? Interest on the debt would be $4 trillion per year, over 60% of federal tax revenue, and annual budget deficits would likely exceed $5 trillion. This is optimistic, as it assumes no recession.

[Skif.eth @asianskif]

Uhh…

It will be fun to watch

[Luke Gromen @LukeGromen]

@Geiger_Capital When was the last time any Fed chairman raised rates with $8T in USTs (over 25% of US GDP) maturing in <1 year?

[Skif.eth @asianskif]

@cobie This is a robbery? :)

[Skif.eth @asianskif]

@ErikVoorhees Owning anything in the US = greater fool theory?

[Ran Neuner @cryptomanran]

If it looks like a duck.
And it walks like a duck.
And it quacks like a duck.
It's must be a duck.

It it looks like yield curve control.
and it has the same effect as yield curve control.
The USA must be doing YIELD CURVE CONTROL.

[Patricia Marins @pati_marins64]

The Saudis sign a trilateral security agreement with Pakistan and Turkey.
There is no other image that more clearly symbolizes Trump’s failure than the Gulf states seeking regional security arrangements.

[Chris Burniske @cburniske]

While I'm not an equities specialist, I do think the spell has been broken, and am viewing these violent rebounds as deadcats, with the expectation that crypto will catch shrapnel early, but also bottom earlier than equities do.

[zerohedge @zerohedge]

Bank of England probes Asian equity risk at prime brokers

Korean degens about to blow up the world

[Skif.eth @asianskif]

Looks like Trump is losing his leverage in the war with Iran. And Iran knows it. There is no way Trump could stop Iran from becoming regional power.

[Geiger Capital @Geiger_Capital]

Biden drained our Strategic Petroleum Reserve, and now Trump has drained it even further to mask the impact of his war with Iran…

The lowest level in over 40 years.

[Skif.eth @asianskif]

@pati_marins64 Iran has no “red lines”, so they could strike at Ukraine’s government and etc.

[Robert A. Pape @ProfessorPape]

President Trump’s threat to destroy civilian infrastructure—like bridges and power plants—is a textbook example of failed coercion

History shows this failed in Vietnam

It will not force Iran into submission

Escalation becomes a self-fulfilling prophecy

[Skif.eth @asianskif]

@quxiaoyin 200 BUSD :)

[Skif.eth @asianskif]

@elodeonick @KobeissiLetter @rosatom

[Skif.eth @asianskif]

@Kalshi