Tootsie Roll could do it


Agree it doesn’t need to be medicated. Read “when panic attacks” if you want a world class education on how to treat anxiety medication free.


The Glass - Foo Fighters


What’s that on the left doc?


Did Steinbeck ever see the rise of crony capitalism?

I think everyone needs to pick themselves up by their bootstraps. And I also think that is not a free pass for the corporate overlords.


Nvm. Figured it out. Sorry!


How many of these could be restarted? Sounds like at least 7 from what you said. Are they the only ones?

https://m.primal.net/KyTe.jpg


Although Vermont Yankee has a recent checkered past. That one might be harder to restart?


Dang, I thought it was just palisades and Duane Arnold left.

It really seems like mag 7 wants the nuclear baseload strategy, even though some bitcoin miners have a dream that they will land these contracts. Nothing beats nuclear!


This doesn’t replete glycogen though.

So unless you don’t care about doing high intensity exercise or endurance exercise, you need carbs! Just not the types and amounts most Americans eat.


Do you think the AI bitcoin miners will land a deal with hyper scalers? Feels like the big boys all just want to do their own thing. The only hiccup is that there aren’t many nuclear plants left to grab in the US. SMRs are a long ways away.


Three Mile Island Unit 2 Revival!

Demand for power from big data is about to grow at an unprecedented rate.

20 year deal, $100/MWh, Microsoft wants every watt.

I wonder what happens when nuclear power plant owners and Small Modular Reactor vendors realize that they don't need a relationship with a counterparty if they mine Bitcoin?

A fleet of new S21Pro Hydro ASICs will net their owner $150/MWh, at current hashprice.

https://m.primal.net/Kvin.jpg


Same.

And the only accounts I’m excited to read on nostr currently are yours, Lyn’s, Lavish, and Pysh’s.

Glad to have you posting on here doc!


I agree with a lot of this, but a major point I don’t agree with: humans do need carbohydrates. They cannot produce glycogen without carbohydrates.

And all grains, including rice? Seems like Japanese people do pretty well with it.

I agree with eliminating all added sugars, and any simple carbohydrates. I also agree we don’t need as many vegetables as pushed. And healthy oils are huge.

Anyway, just my two cents. I am not a registered dietician.


marapig

Bitcoin is best. MARApig. Uranium investor. Love gold as well.


Nailed it!


Would they start QE this soon? Lyn seems to think increase in global liquidity comes mid 2025. Does US QE significantly influence global liquidity or nah?


I actually probably would’ve picked Harry. But I thought Leonardo was the best ninja turtle. 🤷♂


Is MARA in Japan????


I don’t like some of your takes.

But you do get me hyped about bitcoin. So I stay following.

Did I do it right?


There is still chance of soft landing. Which still ends in money printing, but maybe less than we expected.


A lot of how we feel is mental. Whatever gets you there


Way too much negativity too, at least in bitcoin mining land. People are going home  right before the show is about to start!


How was the knowledge base of recession indicators in 2000 and 2007? With this yield conversion and everyone aware of the sell off after rate cuts…why not go short the market right now? It seems too easy, right? Is this time different because of the advent of financial education via the internet? Or should I just be shorting? Asking for a friend


I hope you’re right Dr. Ross! I heard there have been 18 rate cutting cycles, and 7 times have been non emergency cuts. Hope we fit in there, but the jobs and unemployment data is a bit scary now.

Lobo Tiggre is a great follow if you want an honest “doom” take. I love him, but I love your stuff too!


buy MARA/MSTR/BTC and chill


Do you think the cuts will do anything for markets either way?


Soooo not raising rates I take it 😂


Gold does well in stagflation right?


Not if unemployment keeps going up.


We already had it…


There’s no guarantee there will be a tomorrow.


Nevada is prettier than I thought!


One of the big macro questions is when will the US banking system run into the liquidity floor, requiring the Fed to end quantitative tightening? Due to current regulations and the "ample reserve" regime, banks generally have liquidity requirements relative to their overall size, and their overall size keeps growing nominally.

-Big banks ran into the liquidity floor in September 2019 at $1.5 trillion with the repo spike, and the Fed had to end quantitative tightening and resume mild quantitative easing (which was then overshadowed by the giga-liquidity-bazooka in 2020/2021).

-Smaller banks ran into the liquidity floor in March 2023 at $3.0 trillion (the new floor) with the regional bank crisis. Both the Fed and the Treasury provided liquidity in response, although the Fed has maintained quantitative tightening. Liquidity has been maintained above that level without being greatly elevated, which is probably what would have happened post-2019 if not for the pandemic/lockdown stuff thereafter.

The New York Fed thinks the liquidity floor will be reached sometime in 2025, and that they'll go back to gradual balance sheet expansion then. Andy Constan, formerly of Bridgewater, thinks it'll be late 2025. I debate him a bit on this since both of us cover this closely, and I generally think it'll be mid 2025, although there are enough moving variables that neither early 2025 or late 2025 would surprise me, so conservatively I say "by the end of 2025."

I was talking to a large institutional investor today, and he said that his contact who is a major repo operator at an investment bank, thinks the current floor is now $3.3 trillion, which is roughly where it is currently. That basically means any further quantitative tightening has to be offset by reverse repo drainage, or they'll have a repo issue and the Fed will need to end QT. My estimate is somewhere in the $3.1-$3.2 trillion range for the liquidity floor, meaning I think there's a bit more room than that repo operator. But either way it's pretty tight.

This is all kind of rambling but generally when that liquidity floor is reached and is responded to, it tends to be good for a lot of liquidity-driven assets, including bitcoin. And it'll probably be with a whimper more than a bang, kind of like the September 2019 repo crisis that nobody other than macro nerds remember.

https://m.primal.net/KURs.png


If we had very minimal government, how would we police things like patents? Would we turn into China and just rip things off all the time?


No more blue checks!

Also, how did you get that email at primal?


Preston is ripped!


And yet spot still at 60k. We need global liquidity and the fed to stop suppressing price


Who are your top 10 follows on nostr? That’s the only drawback I’ve found on nostr. Harder to find follows


nostr is so much better doc. I’m so tired of the clickbait BS on Twitter.


This is true. Although if you live in central Africa you just get pulled into wars you don’t want to be in, at 14 years old


Be a real blazer! Good idea!


“I’m not even very bright” - you’re a radiologist. You definitely have some brain cells 😂


We could have a 2000 rise which wasn’t awful. 2008 is scary tho


Your estimation of 20 was a bit short :)


ChatGPT came up with 9 reasons to be pessimistic. Here’s 6 of them https://image.nostr.build/d367b3ebcd970504763910385bbdcab3819c32389d2d03d8fae84f61d6891dd2.jpg


“Mass conditioned depression” would imply that individuals have no autonomy or ability to think independently of what big media is saying.

Doesn’t make sense because how would you explain individuals that don’t? Eg Preston, Lyn, Lavish, etc


I agree that bitcoin is optimism 💯. I think the people who don’t get bitcoin have a multitude of reasons why they don’t get it. Pessimism is an attempt to protect oneself, and to remain vigilant to problems. Also, some of these people have gotten rich from the fiat system, and change is very hard.

We might be able to convert some of the pessimists if we shine light on their pessimism. I believe anyone can change (but they have to be motivated to).


What’s your hypothesis as to why they don’t want to let that belief go?


Is there any truth to USA  tax receipts being so tied to the stock market that it can’t afford a recession?

Everything is so broken!


Huh. In the USA I’ve only had 1 shot after having a potential rusty nail. Maybe I was under dosed? I always thought it was just one!


Wait, return for a booster? Isn’t it a one and done every 10 years in the USA? And every 30 in European countries?


Diet and exercise do go a long way. I’d also add show me your genetic code. That certainly plays a role.


Moneyball revolutionized the sport but never did anything great for the A’s 😝

Signed-a depressed and former A’s fan. Sell the team!


Wish is actually one of my more favorite Disney movies lately. But I prioritize plot over anything else. And this one has a unique plot. Agree there wasn’t any wokeness in it.


Where do you think gold heads in 2024? Last time I checked, I think you were bullish. But bitcoin seems to be stealing the show lately.


Used to be the same for me with my water bill. Then the company got bought out by a soulless mega corp.