First, I love the old guys. The market and economy is cyclical. That is a fundamental truth and it’s a healthy thing (despite central planners fighting the natural order).
There is a reason some of the longer cycles are almost exactly generational - the majority of investors have no memory and do not fully appreciate the history of what came before their birth. Lulz the millenial YouTubers drawing similarities to 2008.
This guy hit EVERY single one of my takes. His politics complete the 10 leg parlay in a surprise move.
Lately I’m leaning third party and direct democracy. I’ve hinted post Santos, Walker I’m pretty much done with the Republican Party and leaning Independent. Boom, old guy is right on that.
- CBDC post crash
- Business of China is business - Business of US is war. He documents our history of war distraction through many economic “downturns”.
- Druff’s Patriot Act gets a mention.
- residential RE will be okay and commercial RE will crater.
- Inflation Reduction Act lulz. The insane Chip Factory subsidies.
- The supply chain interruption & transient inflation lulz. The late Euro response to inflation especially.
I could go on & on. It’s all represented.






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