macroDavid

[Silver Santa @Silver__Santa]

#INFLATION RISING

[Zherka @ZherkaOfficial]

How your gf looks at you when you say you are against rape.

[MichaeloKeeffe @Mick_O_Keeffe]

Foreign born population of each country :

Jan 2001 Jan 2025
🇦🇹 8.7% 22.5%
🇧🇪 8.4% 20.2%
🇩🇰 4.8% 14.4%
🇫🇷 5.5% 14.0%
🇩🇪 8.9% 20.5%
🇬🇷 6.9% 11.0%
🇮🇸 3.1% 21.8%
🇮🇪 4.0% 23.3%
🇱🇺 37.5% 51.5%
🇳🇱 4.1% 16.8%
🇳🇴 4.1% 18.7%
🇸🇮 2.1% 15.5%
🇪🇸 3.4% 19.3%
🇸🇪 5.3% 20.8%
🇬🇧 4.3% 20.0%

Now add children born to foreign parents and the situation looks even worse.

We are living through the demographic annihilation of the people of Europe.

[Jack @jackcoder0]

Two economists just published a mathematical proof that AI will destroy the economy.

Not might. Not could. Will — if nothing changes.

The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled.
The conclusion is one sentence.
"At the limit, firms automate their way to boundless productivity and zero demand."

An economy that produces everything. And sells it to nobody.
Here is how you get there.
A company fires 500 workers and replaces them with AI. A competitor fires 700 to keep up. Another fires 1,000. Every company is behaving rationally. Every company is following the incentives correctly. And every company is building a trap for itself.

Because the workers who were fired were also customers.
When they lose their jobs faster than the economy can absorb them, they stop spending. Consumer demand falls. Companies respond by cutting costs — which means automating more workers — which means less spending — which means more falling demand — which means more automation.

The loop has no natural exit.
The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements.
Every single one failed in the model.
The only intervention that worked: a Pigouvian automation tax — a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger.

No government has implemented this. No major economy is seriously discussing it.
Meanwhile the numbers are already tracking the curve. 100,000 tech workers laid off in 2025. 92,000 more in the first months of 2026. Jack Dorsey fired half of Block's workforce and said publicly: "Within the next year, the majority of companies will reach the same conclusion."
Nobody is doing anything wrong. Companies are following their incentives perfectly. That is exactly the problem.

Rational behavior. At scale. Simultaneously. With no mechanism to stop it.
Two economists built the math. The math leads to one place.

Source: Falk & Tsoukalas · Wharton School + Boston University ·

[Coin Bureau @coinbureau]

🚨NOW: Pope XIV "Artificial Intelligence needs to be disarmed."

He says the Church and Anthropic, “Will work together to find the way for humanity, in this time of Artificial Intelligence"

[Lozzy B 🇦🇺𝕏 @TruthFairy131]

Why does the Jewish "World Almanac" confirm that between 1933 and 1948 over 90 million "Christians" died, while during that time the Jewish world population rose by a half of a million.

Where are the 6 million Jews?

The stats & evidence confirms around 300,000 Jews died during the Holocaust.

Majority of what you think you know about WW2 is a lie.

What I want to know is how they go away with it for so long as the evidence proving these lies is available & many of these lies were discredited in court.

[Zherka @ZherkaOfficial]

Discipline sets you free

[Zherka @ZherkaOfficial]

365 times

[Forbes @Forbes]

Eric Sprott began investing in precious metals in the 1980s. His bets have grown four-fold in just two years and boosted his net worth to over $3 billion.

Read more about the billionaire who has 98% of his fortune in gold and silver: https://t.co/4tvAnzYdBa
📸: Aaron Kotowski for Forbes

[Pippa Malmgren @DrPippaM]

100% 🎯

[Christopher Aaron @iGlobalGold]

The entire gold mining sector has just broken out of a gargantuan 45 year base. This is only the second time in 100 years that this signal has appeared.
The last time this occurred? 1960 --> following which the gold miners went on to rise 2,400% ABOVE THE PREVIOUS ALL TIME HIGH.
"The bigger the base --> the higher in space" is the adage in technical analysis.
This signal tends to occur once in a lifetime. Are you going to miss this?

FREE PODCAST with more detailed analysis right here ⬇️
https://t.co/N5e32S9hWV

Happy investing!

[macroDavid @macroMTM]

@cobraalerts Guide

[Otavio (Tavi) Costa @TaviCosta]

A new era for the mining industry.

Miners are generating roughly 7x what they did at the peak of the last cycle.

I’m old enough to remember when this space was considered “uninvestable” by the so-called experts.

Game on.

https://t.co/ssIdeKrny6

[macroDavid @macroMTM]

@cobraalerts Method

[Steve Hanke @steve_hanke]

Despite all the noise about de-dollarization, the FT reports that offshore dollar deposits just SURPASSED 14 TRILLION DOLLARS.

The dollar is FAR AHEAD of any rival and its lead is INCREASING.

KING DOLLAR = REIGNS SUPREME.

[Don Durrett - goldstockdata.com @DonDurrett]

27 reasons why gold is going higher, and the stock market is going lower. 🧐

1) Debt Bubble. This has led to fiscal dominance and a $2T deficit and $1T interest payments.

2) Fragile US Government bond market. Foreign buyers have dried up.

3) Geopolitics. The Ukraine and Iran wars have created global instability and uncertainty. The BRICS+ nations are creating an alternative to the SWIFT system for international payments.

4) Tariffs. These are essentially taxes paid by consumers, and create headwinds for the economy.

5) Inflation. The cost-of-living impact from inflation has not subsided. Plus, tariffs and oil prices are currently pushing inflation higher. Gasoline, interest rates, and inflation are all stuck at high levels.

6) Overvalued Stock Market. With a forward PE around 22 and a Buffett Indicator over 200%, the stock market is due for a crash. Dave Collum thinks it is overvalued by 200%, and that it will revert to its mean.

7) De-dollarization. Countries are swapping their dollar reserves for gold. Plus, we are seeing more trade in non-dollar currencies.

8) Employment. This clearly has weakened over the past 12 months. It now takes about 6-months to replace a job. Normally, that number is 3 months. New college graduates are having trouble finding a job.

9) Housing. The cost for a new or existing house is around $450K. Housing affordability is at historic levels. Inventory levels are rising rapidly, and a crisis is emerging. March’s existing housing sales were the second lowest on record for March. Only March of 2009 were lower.

10) Autos-Trucks. At current interest rates, the average auto-loan is around 8%. The combination of tariffs and high interest rates makes autos-trucks unaffordable.

11) ISM Data. The ISM data for manufacturing and services has been weak for years. It does not appear to be improving.

12) Office Vacancies. Since COVID, the vacancy rate for commercial real estate has been at crisis levels and does not appear to be improving.

13) Banks. The balance sheets of large banks have been a mess after interest rates rose. Delinquency rates for credit cards and commercial real estate are rising. Bankruptcies are rising.

14) Private Credit. This is a potential crisis, with several bankruptcies and gated funds.

15) AI. It has been a job killer. Wal-Mart announced it would soon be reducing jobs due to AI efficiencies. Law firms no longer need as many lawyers. That’s just one example.

16) Demographics. Baby boomers are retiring in droves each month. This reduces consumer spending and taxable income.

17) Healthcare Costs. The current inflation rate for healthcare is 8%. This is squeezing discretionary spending.

18) Political Bifurcation. Washington has become ineffective with ongoing gridlock. Both parties no longer hold the same values. This is only getting worse.

19) College Costs. Like housing, it has an affordability problem. Colleges have become extremely expensive.

20) GDP Slowing. GDP for Q1 is projected to be sub 2%. Ironically, government spending is counted as GDP when $2T is borrowed. If you subtract this $2T, then we are in a recession.

21) Retail/Restaurant Sales. K-shaped economy. We continue to see national chains go bankrupt as the consumer remains constrained. Which company goes bankrupt next?

22) Consumer Confidence. The UOM (University of Michigan) consumer confidence number is currently at an all-time low. Why? Because the consumer can’t pay its bills.

23) Trains/Trucking Volume. The volume is at recessionary levels for both.

24) Apartment Rent. Rents are dropping nationally. Why? Consumers are broke.

25) A Recession is overdue. The last recession ended in Q2 2009. Some say we had a recession in 2020, but that was the COVID crisis and was not a true recession, where you have an extended period of lost jobs and a moribund stock market.

26) Low Dividend Payout. The average is currently below 2% and half the historical norm. The MAG7 average .3%.

27) Gold Exports. The US has been exporting an average of $10B in gold every month since January 2025. This is unprecedented. Why is gold moving from West to East? One reason: the rest of the world is selling their US bonds and dollars and buying gold. This is effectively de-dollarization, and it’s picking up speed.

[Alexej Jordanov @alexejjordanov]

Stablecoins are a geopolitical stealth tool of empire than an additional demand for U.S. treasuries and the world will adopt its use according to Brent Johnson (@SantiagoAuFund)

In Brent's perspective, USD stablecoins (next to gold) will replace any local currency through Gresham's Law

[Otavio (Tavi) Costa @TaviCosta]

This is rapidly becoming one of the most pronounced stagflationary environments in decades.

Inflation is accelerating while growth is rolling over sharply.

That leaves the Fed in a real bind.

At these levels of debt, you either save growth or kill inflation.

Policymakers will choose the former — because they can’t afford the latter.

https://t.co/AQB5mbjxjl

[Jackson Hinkle 🇺🇸 @jacksonhinkle]

🚨🇷🇺🇮🇷🇺🇸 PUTIN ON IRAN: “Iran fulfilled all of its obligations under the well-known nuclear deal. All of them.

Then U.S. President Trump unilaterally decided to withdraw from the agreement, while the Europeans were saying, ‘Yes, it’s bad that the Americans have withdrawn, but you Iranians must comply with everything’

I apologize if this sounds a bit rude, but what the hell are the Iranians supposed to comply with?”