Coffeeattack

Slight update on what I think is going to happen over the next 6-8 months. I've been a bear for most of this year and I'm still a bear. I think retail is broke and is struggling to afford the basics atm. Layoffs are accelerating, tariffs are drastically slowing down the economy, and I believe we are in a debt bubble. This means that sales will be sluggish throughout and we will be entering into a global recession, while inflation remains high due to tariffs. We call that stagflation. That's why crypto is down is because people need all the liquidity they can get their hands on. Work still needs to be done in getting crypto aligned with the hard money thesis and it looks like it won't happen this cycle. Maybe the next one? And I haven't even talked about the AI bubble, which is real. Tech is good, just like during the last Internet bubble of the 2000s, but valuations are not proportional to the current reality. A market correction is needed but the winners will do just fine, just like Amazon did in the last one. Overall I believe crypto will be on sale and some wonderful buying opportunities will present themselves over the next little while. Be patient, and keep your eyes open.

That’s big

DESALINATION PLANT IN KUWAIT STRUCK BY IRAN

@DeeZe @farokh wagmeat

@farokh Wagmi

美味そうな肉の写真をアップすると日本人からリプを貰えると聞きましたwww

STANLEY DRUCKENMILLER WHEN YOU SEE A GREAT TRADE, BET BIG.

As the Hormuz closure hits one month, energy traders agree the world still hasn't grasped the severity of the coming shock #MacroEdge

Yet another industry affected> Half of Dutch fleet idle as European fishing hit by high diesel prices The fishing industry ​is emerging as an early European casualty of soaring diesel costs amid the Iran ‌war, with at least half the Dutch fleet staying in port this week, according to industry representatives. The pressure is most acute in the Netherlands because of an outsized number of beam trawlers in its fleet, which makes ​up about 7% of the European Union's total. These ships target high-value North Sea flatfish such ​as sole, turbot and brill, but burn relatively large amounts of fuel. ⁠Industry group VisNed said 80% to 90% of such trawlers did not sail out this week. Now the fuel bill is equal to the revenue, so it simply does ​not work,” he said. (Reuters)

BREAKING: In a major escalation, Yemen's Houthi Group has officially joined the war with a ballistic missle launch at Israel, just as the war hit its one-month mark. All eyes are now on the Bab al-Mandab Strait. If closed, the world loses another ~6 million barrels of daily oil supply.

Their greatest threat is their ability to block the Red Sea passage.

@brycent 👀This is 🔥

When I am really up and you see my driving this around SF, mind your business lol

Iranian military spokesman: "As the victors, we will set the terms to end the war and force the enemies to accept them."

@ZygfridS When do we buy this token? Like this is max fud, what's the TVL on BP and fees generated?

When you observe numbers it’s funny. 35m marketcap for a project that is backed by big companies is funny tho. $BP i know it’s very hard to launch this time but you should have a plan b or something when it comes to be a trusted project in space.

@markwasonline Just horrible.

@0xcoffeeattack Imagine

Mad Lad believer who lost $2 million on the project has been banned on from the Mad Lads discord. Not great.

@Mangame33 🤝

@0xcoffeeattack +1

Or you can simply short this chart.

@FredWick7 @depression2019 I’m doing both

@depression2019 @0xcoffeeattack I would just short NVDA.

Massive escalation

1) What

I’m dying

I hate to be bearish but - You have 4 companies out of the Mag 7 that now hold more debt in depreciating assets (E.g. Datacenters) than cash in their balance sheets. - More spending on these datacenters that are expected to increase until 2028-2030. - Record breaking IPOs coming to the market in already tight liquidity environment. - Labor market that is in full stagnation. - A Fed that doesn’t have the leeway to cut rates anymore like they did in recent years. - Price discovery mostly being done in private markets now. - Hyperscalar bond issuance driving more liquidity away from equity markets. - A war that introduces more uncertainty in an already uncertain market environment. While the S&P still trades at a higher premium over its historical average.