@ZynxBTC Putting emotions aside and looking at this probabilistically, the Nas propped up by AI highs IF drops 15%, this downward gravity could drag btc down below the PL floor being held up on this weekend low volume, margin losses get covered selling riskiest asset
@ZynxBTC I dare say he's good with numbers and really enjoyed his book, but yh he's been spoon fed what the system wants him to think how the monetary system works and who's to blame for it slowly dying.
The sharpest Iran economic analysis out there right now comes from @miadmaleki, Iranian-born former US Treasury official.
13 days. That's when Iran shuts off its own oil wells. Hormuz blockade = nowhere to store oil.
Can't restart them easily. Permanent damage.
Not a crisis. A countdown.
@Top_Cat80@RachelT1722@Jenny_1884 Boomers and my generation grew up having to either save up or make do mentality, we didn't have the debt like nowadays, we never had new cars and CC, plus if you've lived thru a few crashes you wise up to keep credit to a minimum.
@Top_Cat80@RachelT1722@Jenny_1884 I remember being with my old mam 1980 looking at some footings on a building site handing £10 note over and pointing to a plot, that was the house deposit.
@dom155rich1@JamesMelville I don't know enough about the situation to comment, my Turkish friend said on the phone the other week, his Iranian old school buddy told him 80% of Iranians want this war.
@dom155rich1@JamesMelville I'm not disputing what your saying, I'm asking a genuine question, what has UK done to defend its bases, military families living on bases are on the front line, what is being done?