Samantha Bulman (JpegFuzz)

Hi @Jason, @friedberg, @chamath, and @DavidSacks, Please watch this 5-min clip. If you find it interesting, please watch the entire discussion. The ONLY way we can save our wonderful country from the scourge of communism is by having folks like you stop spewing hot takes about it and start acknowledging that you're part of the problem. Capitalism does not produce the outcomes in these charts. A broken political system in which the donor/Epstein class pays to rig fiscal, monetary, regulatory, and foreign policy against working-class families does. You guys have a big-enough platform with @theallinpod to help fix this. Based on your recent commentary, however, I’m concerned that not only do you have no intention of helping save our nation, but you’re actually hell-bent on perpetuating Dr. @Peter_Turchin’s “wealth pump,” which is what I call the “Reverse Robin Hood effect.” Why? Because mounting a primal rallying cry against the mere whiff of redistributive policies from this starting point in the labor vs. capital income and wealth distribution cycle is, at best, deliberately obfuscating and, at worst, demented. Prove me wrong by inviting me to debate each of you on your show on behalf of We the People. ❤️+🩶+💙=💜

Roadster event livestream teapawt.net/i/broadcasts/1yKAPwNgg…

The number 1 complaint I hear from people is they just don't know wtf to do with AI agents They set up Grok Bot, Muse, Hark, Dots, Hermes and then do nothing with it So I'm launching a free project: Agent Use Cases It's a website that scans the entire internet every day and finds every use case people do with AI agents Searches across basically every site on the internet to see what people are doing with AI agents that is making them money/providing them value Use cases are organized by category and which agent they're used in Gives you the use case, end result, and prompt to steal the use case Some cool use cases I've already discovered: 1. Finding unclaimed money online 2. Negotiate phone bill down autonomously 3. Teach an agent to day trade It's completely free. Nothing pay walled. You can just go on and discover cool new use cases I'd recommend browsing then giving the link of this post to your agent and having it find use cases relevant to you Sign up for the newsletter if you want 5 new use cases in your inbox every morning too Check it out: agentusecases.ai/

The race for AGI Script: Sherpa by Pocket FM Video: Seedance 2.5

My experiment is complete I subbed to three different paid groups last month: 1. @RektMkts by @osf_rekt 2. @TheKookLetter by @KookCapitalLLC 3. @WeeklyWizdom by @wizardofsoho The clear winner is.... @RektMkts : @osf_rekt Here's why: 1. OSF has a live dashboard of his portfolio. You always know exactly how he is positioned. Full transparency. 2. He has a channel that only he posts in, and he only posts relevant information about specific trades or the overall market. 3. He has another channel for trade alerts, so you can get updated in real time whenever he makes a trade. 4. He's building out useful tools and dashboards that I actually look at. I like the launchpad radar and the new liquidation radar. 5. Legitimate perks. As an early buyer, I received $REKT that vests monthly. The $REKT alone will likely pay for the subscription once it's all vested. I also received 10 mint slots for rekt tradoors. I flipped enough of them to fully pay for the subscription for a year. Also received discounts on rekt products. I want curated, high signal (no noise) information. That is exactly what I get from OSF. The perks have been a huge bonus, incredibly valuable. OSF fits my style perfectly. If you want to be in the trenches with hundreds of other degens trying to find the latest runner, then check out Kook or Wiz's group. They both have solid newsletters as well if you're interested in macro, stocks, and broader market conditions. I'm personally not interested in any of those things, especially the chaos of TG channels (I'm too old for that).

There’s a fish that looks like president Donald trump at this aquarium

BREAKING: China's President Xi has made statements with Trump: Our trade teams have reached a basis for consensus

I wanted to share a few thoughts on liquidity from last week’s MIT report that dropped on @RealVision. Hope it’s helpful… Regarding liquidity, we’ve seen a small tick lower in our GMI Total Liquidity Index this month, but that’s almost entirely being driven by the rebuild of the TGA and the government shutdown, which temporarily halted the drain. However, this too shall pass... Remember, weak lagging employment data is what keeps the Fed engaged, or in GMI lingo, MOAR COWBELL… Lower rates then feed through to more rate-sensitive and leading areas of the economy like housing, and this drives the business cycle higher… it’s a recursive feedback loop. Once this shutdown ends, the liquidity taps will open again in a big way. We’ll see TGA spend, rate cuts, the end of QT, probably a repo tweak to ease tightness, talk of eSLR relief in January, and a pivot back to an "ample reserves" regime as QT winds down. That’s a wall of liquidity coming, and that’s just the US… It also feels to us that the lead time of financial conditions, looking at this chart (chart 1), may have actually increased a little since the start of 2023 versus our GMI Total Liquidity Index. I’m not going to adjust it to overfit the chart, but it’s almost a perfect fit if I adjust the lead to six months for this period. Either way, I believe we’re going higher. As a reminder, this is how the phasing works between financial conditions, liquidity, and the ISM (chart 2): GMI Financial Conditions Index > GMI Total Liquidity Index > ISM I also think the view that the liquidity cycle will peak early next year isn’t going to be right. Feels too early for that. Let me explain… You see, The Everything Code’s debt refinancing cycle plays out in two major phases. Phase one is where rates need to come down first. In China, that’s largely happened over the past two years as the economy struggled, with 10-year yields falling from around 3% at the start of 2023 to 1.6% by early this year. I pushed back pretty hard at the time against the consensus view that this collapse in rates was bearish. Instead, I argued it was a massive easing of financial conditions coming from the East. Now that’s happened, phase two of The Everything Code can play out. Debts can be rolled at more sustainable levels, and with the dollar now weaker, the PBoC can deploy its balance sheet, which this month hit a record high and could reach around $8 trillion by the end of 2026 (chart 3). That, in my view, would likely mark the peak of the liquidity cycle, with China playing a major role. So again, this all suggests to me that liquidity is heading higher in 2026... It’s also worth remembering that back in 2017, the Fed was hiking rates and liquidity injections were basically flat. The real liquidity came from the PBoC and, to a lesser extent, the ECB and BoJ. Yet despite the Fed being sidelined, Bitcoin and other risk assets ripped higher. Raoul and I have talked about this a lot… Everyone is too focused on the US and what the Fed is doing. What really matters is that our GMI Total Liquidity Index continues to trend higher, because that captures all of it. Additionally, our GMI Global Excess Liquidity Composite measures how much liquidity exists in the system beyond what’s being consumed by nominal GDP. This “excess liquidity” can be, and always is, financialized... If you look at the chart, since the mid-1980s, equity valuations have tracked almost perfectly, roughly six months behind moves in excess liquidity (chart 4). So this still points to further equity re-rating ahead... What’s the bottom line? We’re still bullish. The delay in the TGA drain and the Trump tariff scare on the 10th have been painful, but ultimately, they’re just noise. We believe a more dovish Fed, rising PBoC liquidity, and strong Q4 seasonals are all lining up to push this market higher into year-end. At the end of the day, it always comes back to liquidity, and we still see liquidity rising...