Trump Llama 🦙🦙🦙🦙🦙🦙🦙

Congrats and Happy 100 Rounds to @VotiumProtocol @ConvexFinance @WenLlama If you bought $CVX in summer of 2021 and Vote Locked it through all 100 Rounds you would have made $9.83 per each vlCVX! Almost 5x 🤯

@inversebrah What is how to survive a Bear Market for $1000 Alex 🫡

v2 -> v3 Migration process has begun. We are expecting to have everything deployed, verified, migrated, double and triple checked and have v3 ready for the world on April 13th. ALCX, as well already minted alUSD, and alETH are unaffected during this period. If you have any questions, comments, or concerns, please come to our discord (link in @AlchemixFi bio), and our staff will be happy to respond. Now Loading...

@Derivatives_Ape @inversebrah lil shid immortalize me with my brethren 🫡

This is not a new concept. The Ethereum Foundation has been doing this since 2020.

@TFTC21 @peruvian_bull I appreciate your writing but I see a hole in the logic that more expensive oil makes the petro dollar go away.. if you suddenly start printing yuan to buy oil; what happens to the price of oil in yuan? Unfortunately there is only one printer that works…

An Indian oil tanker just crossed the Strait of Hormuz safely by paying for its cargo in Chinese yuan. Iran let it through. Ships paying in dollars get nothing. The world's most critical energy chokepoint is now being used to enforce a parallel payment system. Pay in yuan, you get safe passage. Pay in dollars, good luck. The Strait has been closed for 19 days. Twenty percent of global oil supply flows through that 21-mile gap. Dubai crude hit $152 a barrel. WTI in the US sits at $94. That is a $55 spread for the same commodity. In February it was 75 cents. SAS canceled 1,000 flights. Gas stations in Bangkok are dry. The IEA authorized the largest emergency oil release in history: 400 million barrels. JPMorgan says that buys weeks, not months. The Fed meets today boxed in. Oil-driven inflation means they cannot cut. A weakening economy means they cannot hike. The US national debt is at $39 trillion. The strategic reserves are draining. The petrodollar is not dying in a boardroom. It is dying in a shipping lane.

Most people remember Trump Telling N Korea “My Button Works” what isn’t said out loud but everyone knows is “Our Printer Works” it is the only one that can chug along without HyperInflating. So instead of thinking in terms of “Reserve Currency” we have to evolve to think in terms of “Reserve Market” 🫡

Good point & good question - what happens to the USD's reserve status if USD commodity contracts are broken on a widespread basis? What's the point of holding USDs if they are declared worthless for commodities when inconvenient? See 2022 seizure of Russian FX reserves. #gold

@zacodil @inversebrah 📸 the Boating Accident

nobody accidentally swaps $50M into a pool with $36K of liquidity lol. fresh wallet, $50.4M from Binance, zero slippage protection, routed through the jankiest Sushiswap path possible. and then an MEV bot just happens to flash borrow $29M from Morpho in the same block and pocket $9.9M? cmon. 0xngmi called this exact play a year ago - construct a deliberately terrible swap, let a friendly bot extract the value, dirty money comes out the other side as "legit MEV profit." $154K per AAVE isn't a fat finger. it's a laundering fee

@benjamincowen “Demand Destruction” philosophy is what got him into this mess in the first place…

Live look at Powell getting the demands to cut rates while oil just spiked 100%

@leadlagreport #VoodooMagicFuckery #VMF

@kxopstake @0xngmi From the TG 📸 it seems his intent was $USDT to $ETH but instead he clicked for low liquidity $AAVE …

@0xngmi He’s my frnd 😭

someone just swapped $50m for $36k on cowswap through aave's frontend, effectively losing 50m if you try to make this swap on llamaswap the UI won't let you at all, buttons get locked we've spent years building a price API with the highest coverage of defi tokens to avoid this

It truly did

@peruvian_bull Even as a Crypto Degen I cannot fathom the rates that would be required to make either the Fiat or Debt of a 230% Debt to GDP country that is about to face even more Financial despair attractive in the long term 🤷‍♂️ #LongLiveCarryTrade #VoodooMagicFuckery

japan can’t absorb this. every dollar higher in crude is a direct tax on their entire economy. energy costs spike, import bills explode, the trade deficit widens, and the yen weakens further, which makes the energy imports even MORE expensive. it’s a doom loop. weak yen makes oil more expensive in yen terms, which worsens the trade deficit, which weakens the yen further. if oil stays above $90 and the Strait stays shut, the BoJ has to choose between defending the yen (hike rates, blow up the JGB market and the carry trade) or letting it crash (import costs spiral, inflation rips through the economy).

If they PRINT MORE JGBs as a bailout what could possibly happen to USDjpy? 🤔 a lot of people have theories that say that a carry trade unwind is coming but Ibhsve yet to hear a good explanation of why anyone would put LONG term faith in the Fiat & Debt of a country that is running 230% and GROWING Debt to GDP 🤷‍♂️

BREAKING: 🇯🇵 Japan's Nikkei 225 share market index now down over 6%

At the same time there must be productivity associated with Government jobs; otherwise the government should just hire 10M art critics at $250k/yr and all problems solved . Also if the savings are returned to original tax payers you get the same economic activity just more productive.

330,000 federal government jobs eliminated since October 2024. 11% of the total federal workforce. Gone. Each government job supports 1.5-2x in private sector activity. That's potentially 500,000-660,000 total jobs impacted. You can't fire your way to GDP growth.

SO WHO THE FUCK IS NEGOTIATING WITH TRUMP FROM IRAN

God Bless @bryan_johnson and his Patience for dealing with some of these retards 🙏youtu.be/sPCZhLCkJaY?si…

@DigitalFutur3 @leadlagreport From the Contrarian point of view; BOJ is actually the Mandarin… Because a carry trade unwind means the rest of the world putting LONG term faith in the Fiat & Debt of a 230% Debt to GDP country…

@leadlagreport BOJ is iron man

No. I am.

What is #VoodooMagicFuckery #VMF 🫡

@leadlagreport No doubt Japan will panic, but the real question is will the rest of the world put its faith in the Fiat or Debt of a 230% Debt to GDP country 🤔 if not Japan “will flail” is the more apt description

Japan Will Panic.

@CalebFranzen The “Reserve Currency” has evolved to the “Reserve Market” unless you export a non substitutable staple; you have to maintain your cash flow and market share meaning YOU the exporter pay the tariffs. #VoodooMagicFuckery #VMF

Maybe the tariffs weren't inflationary because companies didn't congruently raise prices due to the potential short-term nature of the tax increase and not wanting to sacrifice their long-term reputation?