The Global Economy Is Crumbling and Bitcoin Just Started to Move!
The bond market is cracking, the yen carry trade is unwinding, and Bitcoin didn't blink. Economist Steve Keen, who called 2008 years in advance, says the same private debt bomb is back, bigger, and he's calling it the Trump Depression. Behind the scenes, Treasury Secretary Scott Bessent is quietly revaluing gold off a 1970s book price of $42 an ounce, and that same trick could fund the Strategic Bitcoin Reserve. Add Saifedean Ammous on why Bitcoin has to out-decentralize gold, and Samson Mow's new Omega 60 model pointing at $1 million Bitcoin by 2031, and two completely different sets of math keep landing on the same number. This isn't a crash. It's a transfer.SPONSORS:
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CHAPTERS:
00:00 – Welcome to the Everything Bubble
01:55 – Steve Keen: The Economist Who Called 2008
02:48 – Why This Time It's "The Trump Depression"
05:51 – The Yen Carry Trade, Explained
07:34 – Scott Bessent and the "Is This By Design?" Question
08:06 – The Gold Revaluation Trick
08:41 – Connecting Gold to the Strategic Bitcoin Reserve
10:47 – Steve Keen on Bitcoin vs. Gold
12:38 – Saifedean Ammous: Half of Gold Is Still a 10x
13:12 – Why Bitcoin Has to Out-Decentralize Gold
16:49 – Torching the Old Price Models
17:23 – Samson Mow's Omega 60 Model
18:03 – $1 Million Bitcoin by 2031 and the Terminus Line
20:36 – Bringing It All Home
21:20 – This Isn't a Crash, It's a Transfer
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