It's like watching the death of fiat in a slow-motion train crash.

Sep 1, 2026 · 1:53 PM UTC

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Replying to @jameslavish
It is indeed a train wreck. Feels like something is on the cusp of breaking
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Exactly. See the 10yr gilt today?
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Replying to @jameslavish
Looks like a multi-decade cup and handle Fun times
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ALT oooh GIF

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Replying to @jameslavish
Made with AI
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Replying to @jameslavish
Doesn’t feel like slow motion watching this bad boy James. US debt is $175.4 billion higher than when I last published it in 18th August. Have a great evening. (Oh sorry, that’s your line 😜).
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Replying to @jameslavish
And the train never full crashes because it has to never stop.
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Replying to @jameslavish
The backs against the wall. It’s time for a new Financial System & this is the setup
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Replying to @jameslavish
and....like........watching only the last few cars crashing................ :-)
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Replying to @jameslavish
Do you think this is it James ?
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Replying to @jameslavish

ALT Tom Cruise Jump GIF by Mission: Impossible

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Replying to @jameslavish
James, if the safe asset needs a 2008 yield to get anyone to hold it, what was safe?
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Replying to @jameslavish
It's like watching the death of the US on everything upstanding over the last 5 years, expidited in the last 15 months
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Replying to @jameslavish
Slowly then suddenly, unfortunately. #buybitcoin
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Replying to @jameslavish
Christ, if Leslie Nielson was a chart....
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Replying to @jameslavish
Wasn’t that the goal all along: controlled crash?
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Replying to @jameslavish
Where have you been? The train already crashed and burned years ago
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Replying to @jameslavish
Saylor: I call normies poor cause nothing stops runaway fiat train.🤑 Normie: I get it. Deficit spending, Omnibus Bills, unfunded mandates, raising the debt ceiling are unsustainable…how do we fix it? Saylor: “Back” the runaway train with unstoppable💪🏻Bitcoin! 🥳 Normie: NGMI
Nothing stops fiat train … backed by unstoppable apex asset!🤡 “It’s not a threat to the dollar by the way. What’s going to happen is US dollar is going to be world’s reserve currency…digital asset that underlies that currency is going to be #Bitcoin”🤑
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Stock markets not concerned at the moment
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Replying to @jameslavish
The Iran war is just a distraction to the main Black Swan event - Implosion of the Bond Market and the US Global Financial system
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Replying to @jameslavish
If bond rates get anywhere near the 80’s I’m going all in and retiring
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Replying to @jameslavish
DOGE and stopping spending is the only thing that structurally fixes this… unfortunately the electorate desires more services and programs and has no interest in austerity
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Replying to @jameslavish
Doesn’t look slow motion to me.
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Replying to @jameslavish
In 2007, CDs at 5.5%. Stop whining. It’s about time the price of money wasn’t manipulated.
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Replying to @jameslavish
Pretty fast on a geological time scale though
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Replying to @jameslavish
How many times did fiat died already 😂 It’s not death, Lames, it’s a cycle.
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Replying to @jameslavish
Or is it just return to what it should be in the first place after the government manipulations of 2008/2020?
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Replying to @jameslavish
A return to sound money would be a crucial first step to solving so many of our socioeconomic, political and fiscal problems.
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Replying to @jameslavish
Goes up until something breaks. Then it goes WAY down. The cycle of life.
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Replying to @jameslavish
It's actually the opposite. These are fiat-based yields. bitcoin:native provides no yield whatsoever. The more fiat yields go up, the less likely investors would allocate money to non-yielding assets. At some point (let's say 6% on the 30 year), people nearing retirement would just allocate that way.
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then suddenly or just slow motion?
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Replying to @jameslavish
Got enough Bitcoin?
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Replying to @jameslavish
By crap this is a pickle they have created. Yikes. Study Bitcoin all, soon would be advisable. Own good stuff.
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Replying to @jameslavish
Good riddance
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Replying to @jameslavish
Hopefully it slows down, I need to buy more mining stocks
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