It’s going unnoticed because so much other news is happening, but the war drums are beating again in D.C. The warmongers worry this is their last chance to get the white whale they’ve been chasing for thirty years, an all-out regime change war against Iran.
A new Middle East war would be a catastrophic mistake. Our military stockpiles are depleted from three years of backing Ukraine. Our effort to reshore manufacturing has only just begun and will take years to bear fruit. War would worsen our already immense deficit and national debt. Iran is larger than Iraq, Syria, and Afghanistan combined. A war would not be easy and could easily become a calamity.
Thanks to President Trump’s restraint during his first term, America has a golden opportunity to pull away from Middle East quagmires for good. We shouldn’t throw that opportunity away so that sone D.C. has-beens can feel tough by sending young Americans to die yet again.
A geopolitical shock in the Middle East could trigger one of the most dangerous forces in global finance.
The reverse Yen carry trade.
Here's how.
Few.
Neverrrrrrrr Everrrrrrrr look desperate in life. Remain calm during hard times. Understand it's just your time to suffer like every great man before you.
There’s a scene in Breaking Bad where Walter White’s wife realizes he’s made $7.5 million and says:
“There’s no way we can wash this money through a car wash. No car wash in the world makes that kind of money in a year.”
That line hit me. Because it exposes a truth most people ignore: How much you earn is capped by the kind of business you run.
You can work harder, stay longer, even get smarter - but you’ll never make more than what your business model is designed to carry.
Charlie Munger: "I've had my Berkshire stock decline by 50% three times and it doesn't bother me that much. It's a part of the game."
We are having unprecedented volatility, but it’s natural, we have to see past it.
If fundamentals keep improving, price will always recover.
Yes, Gary Gensler knew of XRP’s potential before pursuing a bad-faith federal case against Ripple.
This is a rare clip of Gary eloquently explaining the utility of XRP.
Listen closely and judge for yourself. 😶🌫️👇