kryptobull.eth

[Neena Rai @NeenaRai]

Peanuts compared to how much you spent.

[Citrini @citrini]

JUNE 2028.

The S&P is down 38% from its highs. Unemployment just printed 10.2%. Private credit is unraveling. Prime mortgages are cracking. AI didn’t disappoint. It exceeded every expectation.

What happened?​​​​​​​​​​​​​​​​

https://t.co/JzzwCrbJgS

[Dr. Parik Patel, BA, CFA, ACCA Esq. @ParikPatelCFA]

Health insurance is basically a subscription service where you pay $800/month for the right to argue with a 22 year old about whether your doctor is lying

[kryptobull.eth @krypto_with_k]

Even SCOTUS can’t save Trump from himself when he’s determined to have a blue tsunami this November.

[Matt Shumer @mattshumer_]

https://t.co/ivXRKXJvQg

[Deedy @deedydas]

This man who grew up in middle class India literally built the only startup outside US/China/Japan that sent rockets to space.

Here's the never-before-shared crazy story of Pawan Chandana:

> be middle class kid growing up in Vizag
> terrible student, get 51 marks in maths
> ambitious dad doesn't give up, puts you in IIT coaching
> fall in love with math and science
> go from worst to best in school
> crack IIT first attempt
> 2007: go to IIT KGP for mechanical engineering
> everyone around you chasing big packages, consulting, going abroad
> you just love rockets
> 2012: join ISRO as scientist straight out of campus
> pays peanuts
> loves it
> doing so well you want to retire here
> but entrepreneurial bug from IIT days never left
> dreams of building a global space company from India
> but no policy allowing private rockets, no funding environment for space
> 2018: quit anyway, ready to survive in rags
> googles "what is equity"
> zero connections
> cold DM Mukesh Bansal on LinkedIn
> he writes a $1.5M check
> COVID hits, seed capital running out
> Series A is a brutal struggle
> no fund invests
> founders of renewable company Greenko invests
> 2021: PM Modi opens up space sector to private players
> become first company to sign MoU with ISRO
> get largest check in Indian DeepTech, $51M
> Nov 18, 2022: launch Vikram-S: India's first suborbital private rocket
> reaches 90km
> Prime Minister Modi inaugurates your new facility
> grow to 1000 employees
> build India's largest private rocket factory at 200,000 sq ft
> valued at $527M
> first orbital launch, Vikram-1, planned in 2026
> will be one of ~5 companies globally regularly launching to orbit
> next: reusable spaceships
> Open Space for All

We talk a lot about Elon Musk and SpaceX, but imagine having NO prior wealth. Being in a developing country. Constantly saying no to money. Being unable to raise any venture funding multiple times. Being called crazy by everyone. And still having the perseverance to dream beyond the stars.

I'd call Pawan's story inspirational, but honestly it's more than that. It's beyond what I can fathom.

[Ray Dalio @RayDalio]

When an empire runs out of its own money, it is able to increase the supply of money. However, printing more money causes borrowing to increase creating a financial bubble. I urge you to watch “The Changing World Order” on my YouTube channel to understand how, and what it means for all of us.

#principles #raydalio

[kryptobull.eth @krypto_with_k]

Let’s say we eliminate trade deficit with entire world, without surplus dollar reserves who else other than Fed and US institutions will buy our ever increasing debt?

[As Found @AsFoundX]

They say a third party has never worked.
They also said reusable rockets were impossible.
They said electric cars would never scale.
They said Elon would fail — every time.

Now he’s building a political movement.
Bet against him if you want.
It’s never worked before.

[kryptobull.eth @krypto_with_k]

Musk is playing chess while Trump is playing poker.

[Ray Dalio @RayDalio]

"I promise to not raise your taxes" and "I promise to not cut your benefits" are the two popular political promises that are inconsistent with the much more needed promise "I promise to cut the budget deficit to about 3 percent of GDP" that is required to prevent a big debt/dollar crisis. There is no way that the deficit/debt bomb problem can be sustainably dealt with unless there is a mix of tax revenue increases and spending decreases that are determined in a bipartisan way. Our representatives in Washington, DC, both Republicans and Democrats, know this is true. They understand the need to reduce the deficit by having those from both sides chip in a bit (e.g., a 4 percent increase in tax revenue and a 4 percent spending cut) which would lead to a supply/demand balance improvement for US debt which in turn would lower interest rates. Lower interest rates would help reduce the budget deficit as well as help the markets and the economy. But because politics have become so absolutist, they feel they can't go down this obviously best path because both their constituents and their parties will throw them out of office if they explored this more balanced approach. To me, that’s a tragedy.

[kryptobull.eth @krypto_with_k]

Nothing of much importance was going on in Washington last night that Trump would need to leave G7. My guess, he was told to leave if he wasn’t going to behave. He embarrassed Carney enough during the whole day that at one point Carney was like you had enough to talk now be quiet

[kryptobull.eth @krypto_with_k]

TACO (Trump Always Chickens Out) Trade, in full swing.

[The Japan Times @japantimes]

Commentary: Trump’s coercive use of trade threats against India during a military crisis, while easing pressure on China, has undermined trust in the U.S.-India partnership and exposed Washington as an unreliable security ally. https://t.co/G1pCC7zaa6

[kryptobull.eth @krypto_with_k]

Many of the Apple’s problems would be solved if domicile is changed to Europe. Had Tim red The art of the deal.

[kryptobull.eth @krypto_with_k]

@Sec_Noem Anyone who had 🇵🇸 on their social media on October 8, 2023 is a terrorists supporter, period.

[kryptobull.eth @krypto_with_k]

Trump is mad that world doesn’t buy enough agricultural and food products from us. It’s not that the other countries are trying to protect their farmers, they just don’t want their people poisoned with GMO soy/corn and hormones-antibiotic laden animal products.

[kryptobull.eth @krypto_with_k]

I hope trump is right about this whole tariff thing. What if BRICS countries collectively come out tomorrow and say their market is permanently closed to US companies and all assets of foreign companies are seized.

[kryptobull.eth @krypto_with_k]

History doesn’t repeat itself but it rhymes. USA and Russia may need to join forces to save Europe from Europeans, AGAIN. First time, it was too much pride, this time it’s feeling of guilt.

[kryptobull.eth @krypto_with_k]

Idiots in Canadian Conservative Party, great job turning simple Trudeau trolling by Trump in to national pride issues. You guys deserves to stay in opposition.