Understanding growing wealth inequality
Joined November 2021
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Motillo Pryscin retweeted
JUST IN: 🇺🇸 US national debt surpasses size of the entire United States GDP for first time since World War II.
Motillo Pryscin retweeted
Michael Burry — the investor who famously predicted the 2008 housing crash — just told his clients he’s shutting down Scion Asset Management.
He’s selling everything, returning people’s money by the end of the year, and even deregistering with the SEC.
In simple terms, Burry is saying this:
My view of what things are really worth doesn’t match the market anymore — and it hasn’t for a long time.”
That’s not him quitting.
That’s him warning everyone. ⚠️
For months, he’s been raising red flags about:
Big tech is using accounting tricks.
AI companies are spending vast amounts of money on data centers with questionable payoffs.
Companies are boosting earnings in ways that don’t hold up.
Most people ignored him — until now.
This moment feels a lot like the year 2000.
Back then, Julian Robertson shut down Tiger Management right before the dot-com bubble burst, saying the market had “lost its mind.”
People laughed at value investors… and then thousands of tech companies disappeared almost overnight.
Burry started Scion in late 2000, right after that bubble popped.
He shut his first fund in 2008 after calling the housing collapse.
Now he’s shutting his latest fund in 2025.
Same pattern. Same timing. Same warning.
History doesn’t repeat itself exactly… but it does rhyme. 📉
When the guy who saw 2008 coming decides to walk away, it’s worth paying attention.
• The S&P 500’s valuations are back near bubble levels
• AI companies are spending more than they’re earning
• The music is still playing… but the chairs are quietly disappearing
🐻
Motillo Pryscin retweeted
Usually when you see people lined up outside gold shops to buy, it would be an easy top to call, however, when you see that it's nation states selling US treasuries and filling up their vaults with physical gold. I'm not sure all the retail buying in the world compares. So you can't just guess what retail is going to do, like you might in many markets, you have to guess what central banks are going to do.
It's harder for me to predict what a central bank is going to decide to do.
Motillo Pryscin retweeted
🥇Global Gold market capitalization:
2010: $6.0 trillion
2011: $7.8 trillion
2012: $9.4 trillion
2013: $9.1 trillion
2014: $7.8 trillion
2015: $7.0 trillion
2016: $7.5 trillion
2017: $7.6 trillion
2018: $8.3 trillion
2019: $8.3 trillion
2020: $10.3 trillion
2021: $11.3 trillion
2022: $13.1 trillion
2023: $13.1 trillion
2024: $15.0 trillion
2025: $19.6 trillion
Note: March each year data
Motillo Pryscin retweeted
Timing is everything, and this Tariff War is precisely what the Federal Government needed to distract Canadians from their abysmal economic record. From Capital Flight, Falling Investment, and my personal favourite, a collapse in Productivity Growth. The data speaks for itself.⬇️
Motillo Pryscin retweeted
JUST IN: 🇺🇸 Credit card debt hits record $1.2 TRILLION
Probably nothing... 👀
Motillo Pryscin retweeted
To me, it seems that the world order is changing in ways that are consistent with the template I laid out in my book Principles for Dealing with the Changing World Order. As a result, I expect the next few years to be a period that will provide a great test of our abilities to navigate these big changes.
In my latest study, “How Countries Go Broke," I focus on the debt/bond markets because I believe that debt/bond issues are now the most pressing problem that needs to be dealt with, and it is a subject I have been immersed in for decades.
Thus far, I have passed on to you the first three parts of that study. Today I’m sharing Part 4 which shows 1) my measures of short-term and long-term debt risk for the world’s major countries, which lead me to believe that the U.S. and a number of other countries are on the brink of "going broke" and which describes 2) what I believe the U.S. government needs to do to prevent it from "going broke.”
You can read it here: xitter.cf/RayDalio/status/189009…
Motillo Pryscin retweeted
A former World Bank president has sounded the alarm, revealing that the Federal Reserve has lost over a trillion dollars—and counting—turning it into nothing more than a massive hedge fund for the rich and powerful.
He claims the Fed is borrowing money from banks at 5.4% interest, then pouring it into government bonds, creating the illusion that the government’s financial situation is better than it actually is.
He warns that this scheme isn’t just limited to the U.S.—it’s happening across central banks worldwide.
Motillo Pryscin retweeted
MACE: "What is the worst animal testing experiment you've ever heard of and uncovered?"
GOODMAN: "There's a lot of nightmarish stuff that we're being forced to fund and taxpayers ... don't even know how bad the situation is. If they did, they would be marching in the streets."
🎥 @NancyMace @JustinRGoodman @WhiteCoatWaste
Motillo Pryscin retweeted
Exclusive footage of Sam Altman talking to the OpenAI team after seeing the Deepseek model:
Motillo Pryscin retweeted
⚠️US Leading Economic Indicators are falling as if there is a severe recession:
US Leading Economic Index® (LEI) fell 15.5%, the most since the Financial Crisis.
However, the index is significantly skewed towards the manufacturing sector which has been contracting for 2 years.
