Rational Aussie

There is going to be mass unemployment of white collar workers by 2028 and it will collapse the entire debt based Ponzi scheme western governments have relied on for decades to paper over the cracks of a fake economy. The bubble will burst, they will try print again and hand out UBI, but this time they'll get either hyperinflation or social revolution, or both. Bitcoin hits $1m USD by end of 2028 as the world grapples with the biggest sovereign debt crisis in the history of mankind. We are very close to the End Game now. There is no stopping this.

@zerohedge @matt_barrie Because the government is retarded

Why Is Australia Not Already Rationing Fuel? zerohedge.com/energy/why-aus…

@LukeGromen When's your next pod appearance @LukeGromen ? Would be good to get your latest take on how this all impacts the petrodollar / reserve currency status of USD

If Hormuz is still closed in a month (it likely will be), this is going to turn into "We are doing more not-QE RMP's into an oil spike, but we are NOT monetizing deficits" so fast that investors heads will spin.

Energy is the lifeblood of a civilisation. 3.5% of global LNG was just blown the FK up in a single strike by Iran. 20% of oil supply is offline. You don't need to be a genius to intuit the seriousness of this situation. And that's before you get into the game theory of what's actually going on, which is significantly worse.

"Two weeks to stop the spread"

The finance bros who look at what's happening in the Iran War and think 'how can I make money from this?' are completely missing the point. Your number on a screen isn't real, retard. It's a credit owed to you by an entity that in essence is already structurally bankrupt. It's fake. An obligation that - if shit really, truly hits the fan - will not be paid out to you in the coming currency reset. People live under an illusion that the numbers they see on a screen are real. None of this shit is real. The best way to prepare isn't through buying shitcos, it's through setting up your entire life for resilience against chaos: being able to produce your own energy, and then store the value you produce using that energy in something that can never be stolen. The only asset that allows you to do that is Bitcoin, because it's the only decentralised, immutable asset that cannot be seized nor debased. We are at the 'suddenly' phase of 'gradually, then suddenly'. The number on the screen doesn't matter. What matters is how many sats you own before the entire global financial system is wiped out. Fiat currency will only be useful to burn when you're sitting in your dogbox at night wondering why the lights are blacked out for the 5th time that week. Prepare for the storm.

@NickSzabo4 @NickSzabo4 if this happened, wouldn't this effectively be the US relinquishing its global reserve currency Status? Ie petrodollar dead if they can't control the flow of oil and payments in USD?

(4) Sign a treaty with Iran that gives Iran and other coastal states more say in the rules for navigating the Persian Gulf and Hormuz, and reduces U.S. presence in Saudi Arabia and the GCC. (The latter would be quite welcome by the great majority of the U.S. populace, even if not by the current U.S. regime). In the heat of war, never forget that peace is always an option.

Absolutely correct.

Right on time

Seems prudent to have the following right now: - Sovereign money (Bitcoin) - Sovereign energy (Solar + battery) - Sovereign telecommunications (Starlink) - Sovereign intelligence (local LLMs) The world you thought you existed in no longer exists. The system is extremely fragile in so many different ways, many of which could cause cascading failures.

I don't think people realise how serious this Iran situation is. During the 1973 oil crisis, in the UK industrial and commercial users of electricity were limited to 3 consecutive days of power per week, street lighting was reduced, and heating was restricted. Similar things happened in Europe - reduced energy use and rationing. And the current oil shock is significantly worse than that was, by a large margin. Use your imagination. The UK and Europe, and much of the West, including Australia, were already in a very weak position regarding energy security, social stability and economic growth before this war started. They have populations that are already fed up with the status quo, and have been flooded with immigrants that don't share their culture nor values. This will tip many of them over the edge. This feels like the big one to me, and the start of something much more serious than most people are talking about.

Aus economy gonna be turbo fucked.

I am getting severe covid deja vu. Shit is about to hit the fan.

Spare a thought for the 'nothing ever happens' guys. Situation monitors have been preparing for this moment their entire lives. This is the Superbowl of Situations to Monitor.

@Bigred393939 It's certainly possible

@rationalaussie Will I 100% goto hell?

If your dream is to become a government bureaucrat one day, let me give you the 101: Every time there is a demand problem, blame it on supply. And every time there is a supply problem, blame it on demand. For example, you import 1.3 million immigrants over a few years. You might think, 'yep, that's a demand problem for the housing market, infrastructure and essential services - too many people, too quickly'. But you would be wrong. It's actually a supply problem. Why? Because that benefits you politically. Let's do one more example before you're ready to enter your first role as a government slop slinger. A war breaks out in the Middle East and Iran blocks the Strait of Hormuz, disrupting all shipping through the Strait. Is that a demand problem or a supply problem? You guessed it! Demand! You see, it doesn't matter that there is no supply flowing, nor does it matter that physical oil and gas facilities are being blown to smithereens - it is a demand problem because people should simply learn to live with less. Congratulations, you are now ready to become an Australian politician. Any questions?

Hard times create strong men because the Great Men of history step out of the shadows to kick the incompetent, lying thieves to the curb and regain control. Not through democracy, but through something more akin to benevolent dictatorship. Patriotism. A call to Greatness. This time period will be no different. The government isn't coming to save you. You will have to save yourself. But eventually you will want to save 'it' - not the government itself, but the notion of what it means to be an Australian, to raise children in this country, to live a fulfilling and meaningful life. Eventually none of these things become possible if you simply allow the status quo of woeful incompetence, wilful blindness and corruption to continue. Australians deserve better.

Don't worry everyone, there's always the possibility that we are in the timeline where aliens will intervene and stop this War on our behalf because they can see how close we are to AGI.

The Australian government would sooner print trillions of fake fiat dollarydoos and freeze all property transactions for an indefinite period than let the free market reveal it as the absolute Ponzi scheme it is. All rules are about to be thrown out the window. Stagflation, capital controls, rationing, systemic change of all kinds - this is the world we now occupy, and we won't leave it for something better until the Fourth Turning ends and the First Turning begins. Exactly when that happens is up to the people - how much can your average pleb tolerate the State destroying their life on behalf of warmongering religious fanatics, before they snap? We're gonna find out.

This is the big one. Events are now in motion which are extremely difficult to wind back. The Iran War will bring the entire system to its knees. There will be a protracted and bloody war followed by a brutal financial, social and economic reset. Prepare accordingly.

@nutrvd1 No, but it would be a good start to the negotiations at least.

@rationalaussie That is not enough to stop the war. The US is the co-aggressor. Do you really think that the US can get off so lightly?

All Trump has to do to stop this War is throw Israel under the bus. You do wonder whether he's considering it...