Month: March 2022

Another angry Arab man post: A reminder that Greenwald is a fraud.In Russia ~15,000 protesters have been detained at rallies (wsj). In the West, Zero.But @ggreenwald plays w/misunderstanding of statistical effects/scale. Below, it is private voices, NOT THE GOVERNMENT, are stupidly calling for detention. https://t.co/PZFLI7u7ac — Nassim Nicholas Taleb (@nntaleb) March 15, 2022 So now… Continue reading Tooleb still shilling for the left on Ukraine-Russia

Seems like things are going in slow motion. This is like the O.J. chase equivalent of war. Putin is smart to drag this out longer than necessary. The media’s expectation is that Putin would advance fast, but prolonging the invasion and keeping causalities and damage to a minimum means the media may lose interest, and… Continue reading Calling Out Taleb and the Media for Russian Misinformation

The CPI rose 8% from a year ago, generating as expected debate about who’s to blame or what will happen. Bitcoin cultist “Pomp” tweeted about it: BREAKING: Inflation was just reported at 7.9%. This is the highest inflation in decades. — Pomp 🌪 (@APompliano) March 10, 2022 So what did Bitcoin, which for the past… Continue reading The Difficulty of Hedging Inflation

So much has happened since the start of 2022 that it’s time for a mid-year prediction and recap post: 1. The Ukraine situation will suddenly and seemingly inexplicably resolve, although I don’t know what that entails or how it will transpire. But it will not be nuclear war, world war, or anything like that. It… Continue reading Mid-year forecasts/predictions

Came upon this interesting Ray Dalio video, in which he discusses the cyclical nature of empires. (starting at 26:00 it gets more interesting because he discusses how empires decline, which is relevant to the US) The video alludes to America being in the final stage of its empire, that being the decline. He does not… Continue reading Why the American Empire Will Continue: Principles for Dealing with the Changing World Order by Ray Dalio

For 2022 I predicted that Elon Musk’s brand/popularity would continue to grow. Although it’s hard to quantify this, with the Ukraine crisis unfolding Elon Musk yet again thrust himself into the media spotlight by having Space-X provide internet access to Ukraine via Starlink satellites. This was a huge deal, generating major media coverage everywhere. Tweets… Continue reading another correct prediction (Elon Musk)

Ark (ticker: ARKK) and Bitcoin resume their meltdown, as I predicted they would. Bitcoin has fallen over $4k since 3 days ago, from $43k to $39k. As I correctly pointed out, any rumors of Russians buying Bitcoin is unsubstantiated bullshit, and even if they are, collectively they are too poor to have any affect on… Continue reading Arkk and Bitcoin Continue to Meltdown

Mr. Butthead is hyping bitcoin again: The world finally found a practical use case for Bitcoin – helping the citizens of a country evade sanctions when that country’s ruler completely loses his mind. As the kids say, Putin decided to f*** around and find out. Well, he found out. It’s not just oligarchs and Putin… Continue reading Russian Oligarchs are Not Buying Bitcoin

For the past week, the media has been attributing a 15% price surge in Bitcoin to the ongoing Ukraine-Russia war, and how Russians are turning to Bitcoin as the Rubble collapses and various sanctions are imposed: It would seem as there is some correlation between between Russia and Bitcoin, but upon closer inspection this argument… Continue reading Bitcoin’s Surge Has Nothing to do with Russia