The Loss of Self Determination in the Modern Gold Rush
Imagine Mont Blanc crashing into Lake Geneva. Creating a tsunami so vast, so relentless, it redefines liquidity itself and the contours of modern financial markets.
WTF did you just read?
Stick around, I’m at my buddy’s bar in Wilmington, N Carolina, and the economic tales are on me tonight, because this is exactly how modern money rolls.
So, as I was trying to say, picture this, an entire nation deliberately choosing less fun, fewer iPhones, fewer vacations, just stacking cash, hoarding savings like they're prepping for doomsday. Why? Because those savings aren't idle; they’re like tipping a mythical Mont Blanc into Lake Geneva.
An unstoppable wave flooding global asset markets, sending prices higher. Sound insane? It is. But here’s the twist: madness is exactly how global finance operates. China’s low domestic consumption isn’t an accident. It’s the whole damn strategy.
Every skipped latte, every postponed gadget purchase, every penny squirreled away is ammunition, pouring relentlessly into the world’s financial markets, propelling asset prices ever higher. Asset inflation, housing bubbles, tech valuations that make your eyes bleed, it’s all connected. China's surplus isn’t just a trade but an unseen financial warhead, it’s torn through markets, detonated monstrous bubbles, and twisted our entrepreneurial dreams into a neon-lit, speculative madhouse.
WTF did we unleash?
Do you crave another shot of Bukowski’s barroom wisdom, another dash of my punk philosopher truth? Then listen close. Since 1980, the S&P is up sixty-fold, sixty... And guess what? Beneath that phosphorescent haze of prosperity hides a monetary ghost, a silent force juicing every damn point higher.
