In this episode, Alexej Jordanov speaks with James Lavish and David Foley during the Bitcoin Atlantis conference in Madeira. They delve into the complexities of the current economic system, highlighting the structural flaws and unsustainable debt levels that plague the global economy.
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◻️ James Lavish
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◻️ David Foley
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◻️ Bitcoin Opportunity Fund: [ Ссылка ]
›› About the episode
The discussion underscores the inevitability of a "debt spiral," where increasing debt and rising interest rates could lead to severe economic consequences. Foley and Lavish advocate for Bitcoin as a hedge against inflation and economic instability, predicting its rise to $1,000,000. We also discuss the global macro picture, the economic risks of the current commercial real estate crisis in the US, Bitcoin ETF and institutional adoption, potential scenarios with sovereign state actors and the role of gold, silver and Bitcoin.
00:00 Intro
03:18 About David Foley
04:19 Gold and Bitcoin
06:49 Flaws of the financial markets
09:17 What is the Debt Loop?
14:42 Why high interest rates will destroy the economy
18:40 The immense cost of debt
23:29 Is the path of the USA like the one of Japan?
28:45 Worries over commercial real estate: next banking crisis?
34:09 Things to watch out for
37:04 Impact of Bitcoin ETF
41:25 Sovereign nations playing the Bitcoin 4D chess
46:55 Bitcoin as tool of survival
50:39 Gold and silver
