@capitalistexp

Macro asset manager. Ex-VC & investment banker. Do your own DD. More here ➡️ https://nitter.cf/t.co/kr64UfPFYb

Joined January 2011
If you knew you were sitting at the helm of a collapse in fin mkts, which would bring social unrest and likely displace your position of power what would you have done?
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Slowly, slowly, then all at once
This is interesting. Everyone has heard about countless millionaires and entrepreneurs leaving Britain, so a significant drop in average wealth is not surprising. But a drop in median wealth means most Brits are getting poorer. Britain is on its way to becoming a socialist paradise, the only problem is that under socialism everyone is equally poor, not wealthy.
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Import the 3rd world, expect the third world. Zero impulse control and low IQ
🇮🇪 Meanwhile at a School in Ireland “Oh my God Oh my God” The Irish can’t believe something like this could ever happen in Irish School. Something changed.
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Nothing brings out violence in men like scarcity of critical resources
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I have to say. Business class lounges in US airports have become terribly third world-ish in a pretty short time. Sitting waiting for a shower...been waiting 2.5hrs and told..sorry the guy who cleans the showers has been out on lunch for 2 hours and there is nobody else who can clean the showers. What I will say is that if this was Thailand, someone would have just gone and got it done to ensure clients are served. Same is true in Mid East. Over and above that the quality of the food, staff, entire experience is increasingly poor. And no. Not a one off. A general reflection after flying a lot.
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Richard Werner, formerly on the ECB's "Shadow Council," confirms almost every "conspiracy theory" re: central bankers "A few dynasties" control the central banks. And there's a globalist agenda that's "not good for most people... [which is] why they need traitors to help them" "it's about control, and, in a way, it is embedded in the history of banking and central banking" "throughout history, those who first understood the tricks that are used by banks... kept [them] a secret for centuries... and they did take massive advantage" "that made them very powerful—to the extent that kings and princes and monarchs were becoming indebted to them, and that always [meant they could] extract... other things than just money" "So, the introduction of central banks always goes hand in glove with the introduction of new taxes, [like the] income tax, and so on" "When the Fed was created, they created the federal income tax—which didn't exist before—because somebody's got to pay the interest on that national debt, which is going to pile up the moment you tell the government, 'Well, we're going to create money for you, and you got to borrow the money at interest'" "so that's been the system. And so you have, basically, people who understand the system and, essentially, a small number of dynasties that did really well over the years, over the centuries. While[, at the same time,] for centuries, [these financial] mechanics have been very little known" @PeterMcCormack @scientificecon
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Sensing a pattern
🚨 Bill Gates predicts that AI could “drive events that cause a billion deaths”
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"A good man without strength is hoping that evil has mercy." — Sun Tzu
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The window to leave legally and without risk is closing
🇩🇪 BREAKING: Berlin police begin violently arresting citizens as thousands protest against the introduction of mandatory military service in Germany. The protests come amid Germany’s push to dramatically expand the Bundeswehr as European governments prepare for the possibility of a wider confrontation with Russia.
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Predatory government chases away the productive class. WhoWouldaThunkit?
An increasing number of fed-up Aussies are packing up and moving overseas in search of a cheaper, safer life. One dad has become an online sensation showing off a luxury lifestyle that costs far less.
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Capitalist Exploits retweeted
The worst and most prolonged psychological torture you can inflict on a woman is to convince her she's as good as any man. This torture is lifelong, unendurable, and once you set up the initial conditions, the pain becomes self-inflicted. You see, women are genetically programmed for two things. First, to raise children. Second, to select a man who is superior to her to bear those children for. Not equal. Certainly not lesser. Superior. There is no point in arguing about this. It is obviously true to anyone who looks around himself without blinders made of wishful thinking. There is no point in becoming angry at me or anyone else about this. It is true whether I wish it to be or not, and whether you wish it to be or not. There is no point in trying to talk women out of this. It is not a part of their culture or education. It is not an individual character flaw in them. It is part of their genetic recipe. Therefore, if you convince a woman she is equal to most men, she will only be willing to bear children to a small percentage of exceptional men. If you convince her that she is the equal of any man, she will be unwilling to start a family with anyone. And she will remain genetically programmed to do so. When I was a child, and again when I was a young man, in high school and college, I noticed that the older adults who staffed the education system seemed to think "girls' self-esteem" was our most precious resource, perhaps because it's good for stable nuclear fusion containment, or as a growth medium for cancer-curing fruit trees. Well, I sure hope they're making good progress on that nuclear fusion thing, because it sure is hard on the women they grow up into. Perhaps they thought having a high self-esteem is the same as feeling good. Perhaps they thought half of humanity's potential Newtons, Einsteins, and Da Vincis were hidden among the ranks of the fair sex, waiting to be unlocked by "Project Self Esteem", and no, I did not make that name up. Perhaps they were retarded. They did, after all, work for the government. Self-esteem is not being happy. Self-esteem is not even feeling good. Self-esteem is how awesome you think you are. And if you think you're awesome, when you're mediocre, then you're miserable, because everyone around you treats you a whole lot worse than you think you deserve. High self-esteem is great for young men. It makes them take risks. And to thrive men need to take risks, and achieve things, for many reasons, one of which is that women only mate up. High self-esteem is not so good for young women. It doesn't get them anything they wouldn't have already had. It just makes them less happy with it. Sure, there's such a thing as self-esteem too low, but if a woman can look you in the eye, instead of in the shoes, when she talks to you, she's pretty much good to go. Anything more than that is superfluous at best, and at worst... well, eyeball the video for a moment and you'll see what I mean. But the misery isn't just personal. This is the fertility crisis in a nutshell. We, Western civilization, have spent the past five or six decades telling little boys that they are worthless sacks of protoplasm, and telling little girls that the sun shines out of their collective girl parts. And look what's happened. The fertility crisis is stupidly simple. When you elevate the status of women by giving them a greater share of respect, and of society's wealth, which is created by men, they refuse to have children. You can reverse this by allowing men to keep the wealth they create, instead of giving it to women. Then they will give it to women themselves, but the women will look up to them, and there will be children again. During the Trump administration so far, 94% of new job went to women. This is not natural or organic. This doesn't happen on its own. This is not happening because women are "crushing it". Women are the same women they have always been, risk averse, clustered around average intelligence, prone to wait for others to lead. This is not an accident. This is spin on the ball. Women vote. And pandering is an easy way to get those votes. But give a moderately pretty one a single email job at a Silicon Valley startup, and pretty soon she thinks that the father of her children should be a "post-economic" jet-setter with the body of a professional athlete who ticks all the boxes her therapist thinks are important. And she thinks she can pick him off a shelf at age 35. This is a vote, conscious or not, willing or not, for the extinction of humanity. Throughout the genetic history of humanity, approximately 80% of women had children, as opposed to 37% of men. Those numbers don't lie. Most men either weren't exceptional enough to breed, or died trying to become exceptional enough to breed. Women just had to not be in the bottom quintile. Not to be horrible, or horribly unlucky. This bears out what we already know. And this is why Western civilization told women they were the weaker sex, the dumber sex, the more fragile sex. Why Eve was said to made to serve Adam. Because this preserved civilization and the species. Women were actually happier that way, because women don't want to win. They want a winner. But even if it didn't, what choice would we have? The only nations and tribes in the world which are still breeding are the ones where women are still of low status. And if you try to replace Westerners with them, try to make them into Westerners, not only will you fail, but even if you succeed, they'll stop breeding, too. And we know now why there are no matriarchies. Its not because men have superior strength, and enslaved women with violence. It's because matriarchies don't breed. Humans are an animal, like any other animal. Every animal has mating rituals, and if those rituals can't be conducted, there will be no next generation. This is why some animals can be bred in zoos, and others cannot. We know what's wrong. We just lack the political will to fix it. Because it's "not fair". Well, of course it's not fair. But look around you. Look at the universe. Look at history. Whatever made you expect that things would be fair?
The entire human race is going to collapse based on 6's waiting for Thor to show up in a Bugatti
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lol
Just have a look at the mental, wasteful, bureaucratic bullshit, red tape idiocy taking place in Australia. @DrJessCollins
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Think about the level of humiliation ritual and mockery the synchronized expanse of dance routines of public sector workers was during CV19?
The worst part… it worked.
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The BBC:- “A Transgender Women’s Milk is just as good for Babies as Breast Milk” New UK PM Andy Burnham wants to stop Misinformation & Disinformation - perhaps he should start with the UK’s State Broadcaster
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In New Zealand, where 94.7% of the eligible population is fully vaccinated, they experienced a *3,203% spike in excess deaths* compared to 2020, with 5,285 excess deaths recorded in a 49-week period in 2022. Whistleblower Barry Young released the NZ Government record level data which recorded the doses dates and deaths following the Covid shots being administered . Barry Young is being prosecuted by the Crown for making the data public and exposing the Covid jabs crime. The article contrasts these high mortality claims with evidence that the government granted over 11,000 vaccine exemptions to key staff and elites while enforcing mandates on the general public, leading to accusations of hypocrisy by former Prime Minister Jacinda Ardern’s administration. substack.com/@lionessofjudah… lionessofjudah.substack.com/…
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And there is one fiction which has dominated this world ever since Bretton woods
Yuval Noah Harari, the WEF's chief advisor -some of the most powerful stories in history were fictions -you need to get a significant part of the population to believe in the same story otherwise it doesn't work
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Most of the peasants will look at this and either say...oh well it's not me, I'm not a billionaire. Others will champion "eating the rich". Few will understand that this is simply the psychological conditioning which precedes the shifting of goal posts. Watch!
Expect some short-lived assignments ✈️
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I can understand how people were fooled by Jacinda Ardern. Really. It's forgivable. She scrubs up ok, has that goofy smile and can actually act like a regular Kiwi when she wants to. Plus she had a global propaganda machine behind her. But if today you still think this low rent grifting apparatchik was anything other than a manufactured candidate, selected to ruin New Zealand and now collecting the payoff, then you're a moron. The money has been laundered through Harvard and a global publisher for a book no one read and lectures no one can remember. And now she can smack down 6.5 million for a mansion in Australia. She's no better than any third world dictator allowed to retire in Paris or Geneva and enjoy her spoils. Meanwhile in the country she did her best to wreck, people struggle with debt and a wave of third world migration.
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Must read
My latest memo discusses recent attempts to rein in long-dated government bond yields and why the only sustainable solution is responding to the underlying factors pushing interest rates up, even if politically uncomfortable. You can read it here: oaktreecapital.com/insights/…
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