#  @MacroJason Jason - macro / offshore / investing Jason - macro / offshore / investing posts on X about countries, romania, poland, china the most. They currently have [-----] followers and [----] posts still getting attention that total [-------] engagements in the last [--] hours. ### Engagements: [-------] [#](/creator/twitter::511177925/interactions)  - [--] Week [-----] +40% - [--] Month [------] -15% - [--] Months [---------] -96% - [--] Year [-----------] +682% ### Mentions: [--] [#](/creator/twitter::511177925/posts_active)  - [--] Month [--] -5.60% - [--] Months [---] -5.30% - [--] Year [---] -23% ### Followers: [-----] [#](/creator/twitter::511177925/followers)  - [--] Week [-----] +0.94% - [--] Month [-----] +4.90% - [--] Months [-----] +18% - [--] Year [-----] +70% ### CreatorRank: [---------] [#](/creator/twitter::511177925/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) [countries](/list/countries) [cryptocurrencies](/list/cryptocurrencies) [currencies](/list/currencies) [stocks](/list/stocks) [travel destinations](/list/travel-destinations) [technology brands](/list/technology-brands) [automotive brands](/list/automotive-brands) [exchanges](/list/exchanges) [social networks](/list/social-networks) **Social topic influence** [countries](/topic/countries) #2786, [romania](/topic/romania), [poland](/topic/poland), [china](/topic/china), [russia](/topic/russia), [gdp](/topic/gdp), [stocks](/topic/stocks), [investment](/topic/investment) #3178, [kazakhstan](/topic/kazakhstan) #582, [currencies](/topic/currencies) **Top accounts mentioned or mentioned by** [@denomeme](/creator/undefined) [@wanderinvestor](/creator/undefined) [@coinbaseduck](/creator/undefined) [@macrojason](/creator/undefined) [@mindblossom](/creator/undefined) [@fcfinvest](/creator/undefined) [@santiagoaufund](/creator/undefined) [@kunleydrukpa](/creator/undefined) [@defimadehere](/creator/undefined) [@imidaily](/creator/undefined) [@phtevenstrong](/creator/undefined) [@buysellba](/creator/undefined) [@globalpropguide](/creator/undefined) [@movetorussiacom](/creator/undefined) [@realtek12345](/creator/undefined) [@adcha91](/creator/undefined) [@uvshares](/creator/undefined) [@exeatholdings](/creator/undefined) [@onlyvixx](/creator/undefined) [@meridianscout](/creator/undefined) **Top assets mentioned** [Bitcoin (BTC)](/topic/bitcoin) [Kaspi.kz Joint Stock Company (KSPI)](/topic/$kspi) [Coinbase Global Inc. (COIN)](/topic/coinbase) [USDC (USDC)](/topic/usdc) [Ethereum (ETH)](/topic/$eth) [PolkaBridge (PBR)](/topic/$pbr) [Gains (GAINS)](/topic/gains) [SPX6900 (SPX)](/topic/$spx) [Strategy (MSTR)](/topic/$mstr) ### Top Social Posts Top posts by engagements in the last [--] hours "@PaulSkallas Hong Kong also has them. But the West cannot have nice things like this as cultural enrichers would simply take up first-class seats without paying" [X Link](https://x.com/MacroJason/status/1746672289456738588) 2024-01-14T23:15Z [---] followers, [---] engagements "@StealthQE4 Do you follow the dollar milkshake theory and if so do you generally agree with Brents thesis" [X Link](https://x.com/MacroJason/status/1746786626397769836) 2024-01-15T06:49Z [---] followers, [---] engagements "@StealthQE4 But sirrr the dollar is collapsing any moment now and will be replaced by a gold backed BRICS currency" [X Link](https://x.com/MacroJason/status/1746795680134259040) 2024-01-15T07:25Z [---] followers, [--] engagements "Thanks for your reply & your work 🫡 Would you say this is a reasonable forecast of Warsaw real estate prices 2024-2025: 10% increase per year triggered by loan subsidies (mieszkanie na start) and eventual interest rate cuts. Loan subsidies encourage developers to increase supply. 2026-2027: possible discontinuation / decrease of loan subsidies and increase in housing market stock (from development projects started in 2024). Real estate price increase stabilizes to a similar level as CPI. Meanwhile rent should generally track CPI but is unlikely to overperform (as loan subsidies reduce rental" [X Link](https://x.com/MacroJason/status/1747313037546020967) 2024-01-16T17:41Z [---] followers, [--] engagements "@Shqiptarija123 @RadioGenoa Damn and if you compare Poland to sub Saharan Africa" [X Link](https://x.com/anyuser/status/1748493866234241484) 2024-01-19T23:53Z [--] followers, [--] engagements "@RadioGenoa The example above uses South Africa - one of the richest African countries. If we look at the African average - it's gone from 2.4x when colonialism ended - to 11x in [----]. Strange why is Africa getting poorer after the 'evil white men' left 🤔" [X Link](https://x.com/MacroJason/status/1748678824328339796) 2024-01-20T12:08Z [---] followers, [---] engagements "Hong Kong & Singapore were also colonized. Unlike South Africa there are no natural resources. The East Asian approach was to build on top of what the colonizers left maintain good diplomatic relations never beg for handouts - and eventually economically surpass the colonizer" [X Link](https://x.com/MacroJason/status/1748882667624428031) 2024-01-21T01:38Z [---] followers, [--] engagements "China's GDP went from $10 trillion to $27 trillion over the last [--] year - but Chinese stocks returned a mere 3.36% in total over [--] years 🤡 Chart below is from iShares MSCI China ETF $MCHI $KWEB $FXI $ASHR $CQQQ" [X Link](https://x.com/MacroJason/status/1749405533977686059) 2024-01-22T12:15Z [---] followers, [----] engagements "This is not unique to China. Poland was Europe's fastest-growing economy over the last decade - its GDP went from $539 billion to $880 billion. But investing in iShares MSCI Poland ETF $EPOL would have lost you -3.76%" [X Link](https://x.com/MacroJason/status/1749405536183865684) 2024-01-22T12:15Z [---] followers, [---] engagements "Let's also look at LatAm's largest economy - Brazil. Its GDP fell slightly from $2.5 trillion to $2.1 trillion over the last [--] years. iShares MSCI Brazil ETF returned 25.7% over this period. Better but still v disappointing. $EWZ" [X Link](https://x.com/MacroJason/status/1749405538364911829) 2024-01-22T12:15Z [---] followers, [--] engagements "This is how dominant world powers have always operated throughout history - poorer countries supply it with goods. The Roman Empire too had a massive trade imbalance at its peak. Im no fan of socialistic EU policies nor am I bearish on China. But we must avoid becoming financial social justice warriors and look at the reality" [X Link](https://x.com/anyuser/status/1751589925869223942) 2024-01-28T12:55Z [--] followers, [----] engagements "Nice idea ser $DOGE inflation rate is also decreasing (ironically lower than many fiat currencies currently). How much DOGE do you own as % of your overall crypto portfolio and how do you view the risk / reward of depositing DOGE to @THORChain vault for 5% p.a" [X Link](https://x.com/MacroJason/status/1751850509273571513) 2024-01-29T06:11Z [---] followers, [--] engagements "@web3dozie @weremeow Did you get a nice allocation ser and are you dumping your bag pre TGE Current pre-market price of $0.73 puts $JUP 3.5x below $UNI m-cap ($4.4B). IMO for JUP to be priced at 33-50% of UNI m-cap seems fair value but the upside does seem limited. WHAT WILL BE $JUP PRICE AT LAUNCH Let's dive in my price prediction for the @JupiterExchange drop on Jan 31st. I think the MC at launch could be between 3B and 4B slightly under $UNI MC. Lately Jupiter DEX reached UNISWAP as the major DEX for Volumes. https://t.co/p8tPIyBH40 WHAT WILL BE $JUP PRICE AT LAUNCH Let's dive in my price" [X Link](https://x.com/MacroJason/status/1751879502878183920) 2024-01-29T08:06Z [---] followers, [---] engagements "@mikebolen @Cobratate Do it Lovely architecture and great deals in Budapest right now. Buying real estate there also gives you residency which is a nice Plan B. And simply holding Hungarian Treasury bills pays 10% p.a" [X Link](https://x.com/MacroJason/status/1753083298803302606) 2024-02-01T15:50Z [---] followers, [--] engagements "For Top G & Top Ts level - a nice option would be to buy up historical castles / buildings in need of restoration. Supports Hungary + improve aesthetics + rent / re-sell for a nice yield. For $200k you can get a nice renovated unit in downtown Budapest that yields 7%. Have done this personally feel free to DM if you have questions" [X Link](https://x.com/MacroJason/status/1753088704934040048) 2024-02-01T16:11Z [---] followers, [--] engagements "We should all be maximizing our carbon footprint and @RealAlexJones consumption - ideally simultaneously" [X Link](https://x.com/MacroJason/status/1753104233677652254) 2024-02-01T17:13Z [---] followers, [--] engagements "@NipseyHoussle 0% capital gains tax on global income and 0% dividend tax from Singaporean companies. Personal income tax (max 22%) and corporate income tax (max 17%) is also quite low relative to the highly developed country you get" [X Link](https://x.com/MacroJason/status/1753339643234312308) 2024-02-02T08:48Z [---] followers, [---] engagements "@NipseyHoussle @0xthorol @320k Progressive. Americans can use FEIE up to $170k SGD / $126K USD and pay 9%. Higher earners can set-up a Singaporean company and get 50-75% tax exemption for first [--] years" [X Link](https://x.com/MacroJason/status/1753361852732473776) 2024-02-02T10:16Z [---] followers, [--] engagements "@SantiagoAuFund Zooming out the trend seems to be: US stocks & USD outperforms Chinese stocks and RMB - but Chinese economic growth continues outperforming the US. China's GDP went from $10 trillion to $27 trillion over the last [--] year - but Chinese stocks returned a mere 3.36% in total over [--] years 🤡 Chart below is from iShares MSCI China ETF $MCHI $KWEB $FXI $ASHR $CQQQ https://t.co/eVZfvQe8Ua China's GDP went from $10 trillion to $27 trillion over the last [--] year - but Chinese stocks returned a mere 3.36% in total over [--] years 🤡 Chart below is from iShares MSCI China ETF $MCHI $KWEB" [X Link](https://x.com/MacroJason/status/1754387911766573289) 2024-02-05T06:14Z [---] followers, [---] engagements "@robin_j_brooks Neo-communist vibes from the ECB plus Frankfurt Main station and surrounding area feels and smells like an open air refugee camp" [X Link](https://x.com/MacroJason/status/1754602028079190496) 2024-02-05T20:24Z [---] followers, [----] engagements "A working theory I have is that countries where the median IQ is below [--] cannot thrive under democracy. Low IQ is correlated with high time preference / low impulse control - prioritizing immediate well-being as opposed to suffering a bit for a brighter future. Lower IQ countries continuously voting for failed politicians who promise immediate goodies - at the cost of future prosperity (aka socialism). LatAm IQ averages at 80-90. The two possible exceptions you mentioned - Uruguay and Argentina are relatively the highest IQ LatAm countries. Looking globally I could not find any [--] IQ" [X Link](https://x.com/MacroJason/status/1754812275506950394) 2024-02-06T10:20Z [---] followers, [---] engagements "@TateTheTalisman @BBCSteveR @TuckerCarlson @BBCSteveR The BBC does many interviews with Ukrainian officials. Why do you refuse to ask them about the murder of an American journalist in Ukraine" [X Link](https://x.com/MacroJason/status/1755153706369106070) 2024-02-07T08:57Z [---] followers, [--] engagements "Pakistan offers the world's cheapest CBI (citizenship by investment) program at $18000. A thread on who qualifies and why you might want to consider it 👇" [X Link](https://x.com/MacroJason/status/1755964668017864836) 2024-02-09T14:39Z [---] followers, [---] engagements "How to qualify: - Deposit $18000 (PKR [--] million) into the State Bank of Pakistan - You have to be a citizen of a Commonwealth country. The [--] countries includes: the UK Australia New Zealand Canada Singapore and South Africa. - It also includes various Caribbean CBI countries: Antigua and Barbuda Dominica Grenada Saint Kitts & Nevis and Saint Lucia. Full details on Pakistani government website:" [X Link](https://x.com/MacroJason/status/1755964672824492057) 2024-02-09T14:39Z [---] followers, [---] engagements "- Dual citizenship is explicitly allowed in Pakistan for citizens of [--] countries including the UK Australia New Zealand and Canada. And arguably implicitly allowed in other cases" [X Link](https://x.com/MacroJason/status/1755964674783281445) 2024-02-09T14:39Z [---] followers, [---] engagements "@upholdreality Zooming out Mexico is still poorer than it was about a decade ago though" [X Link](https://x.com/MacroJason/status/1756469481939890642) 2024-02-11T00:05Z [---] followers, [---] engagements "Depends on when they made the purchase. E.g. all of those citizens would have done better buying USD and not bitcoin if they had made the purchase in Nov [----]. One can be bullish #BTC whilst realizing the charts are more reflective of how weak those currencies are - rather than BTC's strength. #BTCTRY" [X Link](https://x.com/MacroJason/status/1756754490378662261) 2024-02-11T18:58Z [---] followers, [---] engagements "@RoonilWazlib02 @TheRealTahinis In many countries with capital controls its not too hard to acquire grey market dollars or simply USDT" [X Link](https://x.com/MacroJason/status/1756799821438935324) 2024-02-11T21:58Z [---] followers, [--] engagements "@AdrianoFeria Yes OPs point is more accurately described as extreme leveraging (through defi looping) rather than inflating the monetary base" [X Link](https://x.com/MacroJason/status/1759227015297646759) 2024-02-18T14:42Z [---] followers, [---] engagements "@sunny051488 @theRealKiyosaki Has any of Roberts price targets ever materialised 😅" [X Link](https://x.com/MacroJason/status/1759346706804621748) 2024-02-18T22:38Z [---] followers, [----] engagements "In the below example if ETH was first staked on Lido then deposited into Eigen would @DefiLlama exclude this from the Lido or Eigen TVL count A more complex scenario: if ETH was staked on Lido then deposited to Kelp which deposits into Eigen. Meanwhile with Kelps LRT you LP on Curve and / or Pendle. I thought that this ETH would end up on Llamas TVL count for all aforementioned protocols. Maybe Im wrong" [X Link](https://x.com/MacroJason/status/1760501735561351394) 2024-02-22T03:08Z [---] followers, [--] engagements "Eigen is a nice juicy ponzi indeed - but: 1) Eigen Layer EL points are inflating faster than Turkish Lira. Lost 50% of value vs one month ago (see image) 2) Eigen has been going for nearly a year now. This ponzi has already reached a stage where people are restaking restaked staked ETH (yes you read correctly): 3) @ether_fi has 3x the TVL of @KelpDAO. Yet their points will effectively give you 7% APR. Meanwhile you take on counter-party risks and the risk of a tier-based airdrop leading to deposits to such protocols getting less than if you deposited directly to Eigen. 4) @WhalesMarket APR is" [X Link](https://x.com/MacroJason/status/1761083964414894197) 2024-02-23T17:41Z [---] followers, [---] engagements "Yep the EU doesn't care about 'rule of law'. Funds were released to Poland purely because Tusk (a EU puppet) seized power. Within the first weeks of being elected the pro-EU Polish government has already: 1) imprisoned political opponents 2) raided the public TV station with armed police 3) raided the Presidential Palace to arrest opposition MPs" [X Link](https://x.com/MacroJason/status/1761094708795715685) 2024-02-23T18:24Z [---] followers, [--] engagements "@jamesguzman8 @nayibbukele Bukele and Milei are getting the most attention but Bolsonaro is quite underrated and probably a bigger threat to globalists than those two combined (sheer size of Brazil and greater reluctance to bowl to Zionism)" [X Link](https://x.com/MacroJason/status/1761881406420951304) 2024-02-25T22:30Z [---] followers, [--] engagements "This policy has already been in place for [--] years. Alongside more recent ideas such as a mortgage loan discount and a 20% p.a. government bond () for parents. It slightly reversed the downward trend but [---] is still below the replacement level. I'm an Orban appreciator but IMO it didn't really work out" [X Link](https://x.com/MacroJason/status/1761897025585435100) 2024-02-25T23:32Z [---] followers, [----] engagements "@0x4008 Is the main speculation that Eigen NFT holders will get some kind of an airdrop boost I assume if that turns out untrue at TGE these NFTs might become worthless. Although on discord mods say 'use cases will be announced soon'" [X Link](https://x.com/MacroJason/status/1761955421722468596) 2024-02-26T03:24Z [---] followers, [--] engagements "@BDStanley @daniel_freund Misplaced sense of importance of neo liberal Westerners who believes they know better than the elected representative of the Hungarian people how best to run Hungary" [X Link](https://x.com/MacroJason/status/1762197793148395591) 2024-02-26T19:27Z [---] followers, [--] engagements "@Mr_VRIL_MAXXED Sir do you think it'll be even easier to psyop boomers into buying the eventual ETH ETF They'll already have had a taste of BTC ETF pump. And ETH is more similar to tardfi stonks: burn = stock buyback and yield = dividend" [X Link](https://x.com/MacroJason/status/1762221315048591462) 2024-02-26T21:01Z [---] followers, [---] engagements "@Bruce_Markets @pythianism If FED didn't rescue USDC it would have had ripple effects to the entire Crypto & DeFi ecosystem (Maker Compound Aave etc) - affecting many non USD denominated crypto holders. Anyway I'm not here to shill for the FED :) Just striving for an accurate understanding" [X Link](https://x.com/MacroJason/status/1762577339290988765) 2024-02-27T20:35Z [---] followers, [--] engagements "@econoar By betting yes the upside is 2x whilst downside is 100% loss. The risk / reward doesnt make sense vs holding spot ETH $ETHE or even leveraged position. This might explain the low odds" [X Link](https://x.com/MacroJason/status/1762913189044355233) 2024-02-28T18:50Z [---] followers, [---] engagements "@camoufurage @TyrogueD We need to go full circle - tokenize these ETFs and list them on coinbase to psyop retail" [X Link](https://x.com/MacroJason/status/1762915602652356903) 2024-02-28T19:00Z [---] followers, [--] engagements "Aside from normies - there are also $100-200k per year 110-120 IQ midwits. Intelligent enough to understand market cap but will only buy when Bloomberg / FT tells them to at ATH. Midwits will probably got for BTC & ETH as they like being safe and reasonable. We may also be able to psyop them with ETH yield and ESG friendly narrative" [X Link](https://x.com/MacroJason/status/1762916776105419227) 2024-02-28T19:04Z [---] followers, [--] engagements "@Invst_Informant Thanks apart from MicroStrategy - do we know which exact institutions are buying for their own corporate balance sheet Rather than buying purely as intermediaries on behalf of their end client which may be hodlers or speculators (time will tell)" [X Link](https://x.com/MacroJason/status/1762939845968552372) 2024-02-28T20:36Z [---] followers, [----] engagements "Coinbase's app crashing isn't a top signal - Coinbase being ranked #1 on Apple US app store is. Last [--] times BTC topped app store rankings neatly marked the peak. Coinbase currently still ranks far out of the top [---]. https://x.com/brian_armstrong/status/1762933446194901140s=20 Apps are now recovering. We had modeled a 10x surge in traffic and load tested it. This exceeded that number. It's expensive to keep services over-provisioned but we'll need to keep working on auto-scaling solutions and killing any remaining bottlenecks. Thank you for" [X Link](https://x.com/MacroJason/status/1762954517107048582) 2024-02-28T21:34Z [---] followers, [---] engagements "@ChainLinkGod Why is $ETHE trading at a much smaller premium by comparison - guessing it's mainly that the market is pricing in an ETH ETF approval but sooner than a potential LINK ETF" [X Link](https://x.com/MacroJason/status/1763262809914135018) 2024-02-29T17:59Z [---] followers, [--] engagements "@DrReefer @ChainLinkGod On second read - my previous reason makes no sense - as $GLINK is trading at premium not discount" [X Link](https://x.com/MacroJason/status/1763285978184389027) 2024-02-29T19:31Z [----] followers, [--] engagements "@roshanpateI Maxis love to post pointless charts comparing BTC to trash fiats - you could do the same to show USDC mooning. against Turkish Lira" [X Link](https://x.com/MacroJason/status/1763353768429523205) 2024-03-01T00:01Z [---] followers, [--] engagements "@AlexOttaBTC What are some institutions that have only started buying in [----] and are buying for their own corporate balance sheet to HODL rather than on behalf of end clients as intermediaries like ETF providers" [X Link](https://x.com/MacroJason/status/1763382532244918660) 2024-03-01T01:55Z [---] followers, [---] engagements "@100trillionUSD What indications are there that BlackRock or Fidelity are buying BTC for their own corporate balance sheet to HODL Aren't they simply acting as intermediaries / ETF providers for their end clients (likely retail boomers)" [X Link](https://x.com/MacroJason/status/1764458877020479501) 2024-03-04T01:12Z [---] followers, [----] engagements "However there is 0% capital gains (belka) tax for re-selling flats in Romania as an individual. The new tax you mentioned applies only to individuals - not company. Romania investors who own 0.5M EUR of real estate often buy via a company. As corporate tax rates starts at 3% and they receive VAT refund on all primary market purchase. So this luxury taxs impact is limited and overall taxes remain low" [X Link](https://x.com/MacroJason/status/1764580331116462246) 2024-03-04T09:15Z [---] followers, [---] engagements "@digitalwatchm4n @fireflycarnival @Krypto_Cranium @TokenVC_ @TittyTrump_ @wormholecrypto @MadLads Good narrative for airdrop dumping liquidity worked with $DYM. But not hearing much of this yet with $W. Are you expecting a coinbase and binance listing" [X Link](https://x.com/MacroJason/status/1765638105971785974) 2024-03-07T07:18Z [---] followers, [--] engagements "@Timccopeland If one earns under 100K per tax in the UK they are barely scraping by and should not be allowed to ape anything less than 90% of their net worth into crypto" [X Link](https://x.com/MacroJason/status/1773042268540178859) 2024-03-27T17:39Z [---] followers, [---] engagements "@bearmace @phtevenstrong If you were Eigen - wouldn't you want to keep re-stakers onboard until more AVS goes live + juicy yield kicks in (which would help keep re-stakers even after TGE) Can't see the point for Eigen of an April TGE 🤔" [X Link](https://x.com/MacroJason/status/1777802554996363360) 2024-04-09T20:55Z [---] followers, [--] engagements "@phtevenstrong If no $Eigen airdrop = whales market buyers get a refund but $KEP buyers left bag holding to zero. Were talking 0.1% chance but this likely explains the price difference / risk premium" [X Link](https://x.com/MacroJason/status/1778828091546034378) 2024-04-12T16:50Z [---] followers, [---] engagements "Yes Fluid used contract price but can still get liquidated in the event of an exploit (e.g. aBNBc Ankr) or slashing. Did you consider looping LRT against ETH on lending protocols too Generally lower borrowing costs than Fluid whilst also farming other points (e.g. zerolend or Mode)" [X Link](https://x.com/MacroJason/status/1779506181242814537) 2024-04-14T13:45Z [---] followers, [---] engagements "If you're a Westerner researching international real estate - you've probably been shilled Spain Portgual UAE Turkey Thailand etc (all of which under-performed Poland). So why do you rarely hear about Central & Eastern Europe (CEE) real estate IMO it's quite simple - salaries roughly doubled in CEE over the last decade. Strong local demand for real estate means local developers can easily sell their properties to locals. Generally it is in places that aren't doing too well economically (Spain Portugal Turkey) and / or are overbuilt (UAE Thailand) - where local demand cannot absorb the supply." [X Link](https://x.com/MacroJason/status/1780023230473883916) 2024-04-15T23:59Z [---] followers, [--] engagements "Key benefits of investing in CEE real estate (e.g. Poland Romania Hungary): - 10-20% p.a. total return (rent + appreciation) - Real GDP and salary growth - Little to no restrictions on foreigners buying and owning land - Rental income taxed at 8-15% - 0% capital gains tax when you re-sell after 3-5 years - Annual property tax at 0.01-0.1% - Generally landlord friendly (no ridiculous pro-squatting laws like in Spain) My services: Pictured: before and after of one of my city centre units in Poland. Purchased at $120K in Apr [----] valued at $240k as of Apr [----] (bought 5-10% below market" [X Link](https://x.com/MacroJason/status/1780026524109865189) 2024-04-16T00:12Z [---] followers, [--] engagements "@phtevenstrong @modenetwork Have you been on Mode's discord recently Many think Mode will pull a Manta and change the rules. Mode have gone from saying TGE will be end April to 'season [--] ends in April'. Mode TVL is still below $200M which explains why they might get desperate" [X Link](https://x.com/MacroJason/status/1780646438449369495) 2024-04-17T17:16Z [---] followers, [----] engagements "@Henkell_trocken @phtevenstrong @modenetwork Higher than Manta's current TVL but lower than Manta's TGE TVL ($400M). Also a large part of Mode's current TVL is from LRTs - and once LRT & Eigen TGEs people might start unstaking. Agreed about current market conditions and good point about native token TVL" [X Link](https://x.com/MacroJason/status/1780666736305389686) 2024-04-17T18:36Z [---] followers, [---] engagements "@CXCarroll This is how *illegal* wealth gets smuggled out. There are plenty of more legal ways to do it (e.g. Macao casino HK real estate offshore entities). Billions of Chinese offshore capital in the West werent smuggled out as gold water pumps ;)" [X Link](https://x.com/MacroJason/status/1781763821402563062) 2024-04-20T19:16Z [---] followers, [---] engagements "@Ian_Unsworth Even $RSWETH briefly wicked to [----]. Are you personally looping LRTs on any lending protocols and would you get out after this" [X Link](https://x.com/MacroJason/status/1782974626194186379) 2024-04-24T03:27Z [---] followers, [--] engagements "@dcfgod @Juice_Finance @ThrusterFi Does @KelpDAO and @swellnetworkio have something similar in place Wondering how well they can survive a de-peg. They both don't have withdraws and Swell de-pegged -6% from Renzo incident" [X Link](https://x.com/MacroJason/status/1783012687489737168) 2024-04-24T05:58Z [---] followers, [---] engagements "@aibra @ether_fi @swellnetworkio Agree that Swell and EtherFi teams seem most legit. Im all for Swells L2 narrative pumping TGE valuation but dont see actual utility of it. LRTs are already mintable and usable on a range of other battle tested L2s" [X Link](https://x.com/MacroJason/status/1783018337083027694) 2024-04-24T06:21Z [---] followers, [---] engagements "Reasons I think Romania might have an issue soon: 1) As Romanian salaries increase theres not enough Romanians to do low skilled work (factory construction deliveries). 2) Poland had the same problem. First the problem was solved with a 1-2 million Ukrainian workforce. But that was not enough. See charts for what happened next. 3) Romania has already issued 100K work visas per year since [----]. Much like the West a few decades ago when numbers were relatively low people didn't care - until it is too late. Just my observations as an outsider. You're a local so you know better :)" [X Link](https://x.com/MacroJason/status/1783185229600927769) 2024-04-24T17:24Z [---] followers, [--] engagements "Many decent low tax options in Europe that gets overlooked: - Romania: 3% revenue tax up to 500K / year 8% on dividends 10% on CGT / Crypto. Special treaty rights making it very easy for Americans & Canadians to get residency. - Poland: revenue tax from 3% (e.g. for e-commerce) up to 2M / year. 0% corporate tax on re-invested profit. - Bulgaria 10% on CIT / CGT / Crypto and 5% on dividends - Then there are lump sum tax programs for HNWI like Italy - All above are EU which means much easier access to payment processors and credit lines vs LatAm / SEA/ UAE. IMO superior talent pool too. -" [X Link](https://x.com/MacroJason/status/1784753483926650907) 2024-04-29T01:16Z [---] followers, [--] engagements "@MaxEtherETH @DeFi_Made_Here Seems like Fluid and lending protocol looping should fall under the 90% whilst Pendle would fall under the 10%" [X Link](https://x.com/MacroJason/status/1785011389809222077) 2024-04-29T18:20Z [---] followers, [---] engagements "Cyber bullying worked on Renzo and EtherFi. Though getting Eigen to capitulate would be a harder task. A positive of the delayed TGE might be that LRT governance tokens will benefit from greater liquidity since it's the main way to speculate on $EIGEN especially with them prohibiting derivatives" [X Link](https://x.com/MacroJason/status/1785015201248469105) 2024-04-29T18:36Z [---] followers, [---] engagements "@TyrogueD HK BTC ETFs opened at peon volumes though. Figures below are HKD so when converted to USD basically lower volume than Solana memes" [X Link](https://x.com/MacroJason/status/1785177235193745625) 2024-04-30T05:19Z [---] followers, [--] engagements "@Bing0to @ASvanevik Study DCF and pre-markets" [X Link](https://x.com/MacroJason/status/1785820356051091744) 2024-05-01T23:55Z [---] followers, [---] engagements "@0xngmi AAVE has been captured https://www.weforum.org/organizations/aave/ https://www.weforum.org/organizations/aave/" [X Link](https://x.com/MacroJason/status/1785821718730199479) 2024-05-02T00:00Z [---] followers, [--] engagements "@nozurac @leonvarkalis Sure I understand there's a difference between the regime and patriots. I'm an outside observer so may be wrong; but it seems that a large % of your population unfortunately sided and still sides with the regime" [X Link](https://x.com/MacroJason/status/1786996950497210660) 2024-05-05T05:50Z [---] followers, [---] engagements "I think we can agree with that idea on an individual level whilst engaging with the reality that most dont aspire to be winners. Yet people inherently need something bigger than themselves to believe in. When patriotism and religion is removed (like in the West) - the vacuum is filled with something far worse: the cult of wokeness gender ideology etc" [X Link](https://x.com/MacroJason/status/1787042069397045296) 2024-05-05T08:50Z [---] followers, [---] engagements "@AlexTurlais @focusedalive @kunley_drukpa A thriving ethnostate in the forefront of nuclear technology - with full employment no taxes and a booming property market" [X Link](https://x.com/MacroJason/status/1787045229184380942) 2024-05-05T09:02Z [---] followers, [--] engagements "@imidaily @MyLatinLife Thanks good to know 🫡 So effectively there are two routes Real estate investment or professional. Also heard there's a proposal to lower the investment amount for RE option" [X Link](https://x.com/MacroJason/status/1787417787700265042) 2024-05-06T09:43Z [---] followers, [--] engagements "@imidaily Bulgaria is underrated - easily one of the most tax friendly places in Europe with its 10% flat tax and 5% dividend tax" [X Link](https://x.com/MacroJason/status/1787565298196898035) 2024-05-06T19:29Z [---] followers, [--] engagements "Zooming out - the vast majority of countries in the world are even less entrepreneur friendly than Europe. Excluding Singapore HK & UAE - 99% of Asia have equally high taxes and regulatory burden. Same as other Continents. The US has it's advantages but it's unique issues - the most litigious country on earth with the most aggressive tax authorities and possibly the most expensive & entitled workforce. Europe has issues but objectively not that bad. Europe's issues won't be fixed anytime soon - as the EU is beyond reform and the only way is to dismantle it. Yet there isn't the political will" [X Link](https://x.com/MacroJason/status/1787620502955012559) 2024-05-06T23:08Z [---] followers, [---] engagements "Btw in recent weeks Fluid have deposited our weETH to @ZircuitL2l - thus adding an extra layer of risk for arguably quite negligible upside (Modes TGE today shows markets L2 fatigue). Zircuit effectively has no functional product and a semi anon team. Curious if youve thought about the risk / reward of Fluid with this update" [X Link](https://x.com/MacroJason/status/1787980663083110505) 2024-05-07T22:59Z [---] followers, [--] engagements "@phtevenstrong @ether_fi Would you know how it compares with @0xfluid's weETH / wstETH strategy Borrow rate is lower with Gearbox and you mentioned 'fundamental oracles' prevents de-peg liquidation. But @DeFi_Made_Here pointed out @GearboxProtocol's ezETH liquidation incident. https://x.com/DeFi_Made_Here/status/1783127988995084632 1/🧵 50% of Gearbox ezETH TVL wiped out + debt [---] liquidations on Morpho Millions were lost during 78% ezEth depeg Yesterday was just a rehearsal before a major depeg event once EL points are over At @0xfluid we protect lenders and borrowers and had [--] liquidations" [X Link](https://x.com/MacroJason/status/1789274188206743908) 2024-05-11T12:39Z [---] followers, [---] engagements "About real estate: 1) It appears the data is US only thus disregard many EMs where price performance was stronger 2) Whilst the data is US only - it fails to account for leveraged return. Majority of Americans have a mortgage - therefore their leveraged return likely kept up with or beat tech 3) Also fails to factor in rental yield earned during period" [X Link](https://x.com/MacroJason/status/1790303198130930145) 2024-05-14T08:48Z [---] followers, [--] engagements "@notesfrompoland Based" [X Link](https://x.com/MacroJason/status/1790828368813760723) 2024-05-15T19:35Z [---] followers, [---] engagements "@AirwaysAsda @nykyt0sha Reducing religion increases spiritual and moral poverty. are prime examples of countries that are spiritually morally and demographically bankrupt" [X Link](https://x.com/MacroJason/status/1792338361514136002) 2024-05-19T23:35Z [---] followers, [---] engagements "@AirwaysAsda @nykyt0sha Tax rates dependency on social benefits and government spending to GDP in Anglo countries are significantly higher than the East. That isn't capitalism - rather an unholy mix of corporatism cronyism and socialism. But to each his own 🤝" [X Link](https://x.com/MacroJason/status/1792693025367601268) 2024-05-20T23:04Z [---] followers, [--] engagements "@johnpaul_newman Because Hungary understands this isnt about genocide (of which the Atlantic West have committed at orders of magnitude more than anyone else). It is about opposing the geo-political hegemony and narratives of the Atlantic powers" [X Link](https://x.com/MacroJason/status/1793767545465614695) 2024-05-23T22:14Z [---] followers, [--] engagements "@Babygravy9 This would be an unfair comparison though since North Korea has: - 0% income tax - clean crime free streets - a high trust ethnostate not at risk of demographic replacement - and apparently even a thriving property market https://www.upi.com/Top_News/World-News/2021/02/17/North-Korean-home-prices-in-Pyongyang-reflect-high-demand-report-says/8801613586670/ https://www.upi.com/Top_News/World-News/2021/02/17/North-Korean-home-prices-in-Pyongyang-reflect-high-demand-report-says/8801613586670/" [X Link](https://x.com/MacroJason/status/1794403754470728052) 2024-05-25T16:22Z [---] followers, [---] engagements "With 'EL S2 Point @ $0.05' - did you assume Eigen Season [--] drop at 5% of supply Now that $KEP has suspended trading and even WhalesMarket has cancelled their Eigen Points market it's become harder to valuate Eigen points. AFAIK it's unclear if Eigen Season [--] will consist of 5% of token supply or 10% (since a total of 15% is allocated to airdrops and Season [--] was only 5%)" [X Link](https://x.com/MacroJason/status/1794885210934231408) 2024-05-27T00:15Z [---] followers, [---] engagements "Romania and Hungary produces students with significantly higher mathematical and engineering abilities than Western EU. Mathematical Olympiad leaderboard below (medalists likely have [---] IQ). A high % in tertiary education who study useless degrees is counter productive to society - tax payers' money wasted to produce midwits" [X Link](https://x.com/MacroJason/status/1795218258003419503) 2024-05-27T22:19Z [---] followers, [----] engagements "Good option for middle class Russians. IMO bad idea for wealthier Russian as they'll end up liable for Argentina's global wealth tax. At $5M net worth 2.25% wealth tax x [--] years = $200K cost to get the Argentine passport. Might as well as just do Caribbean CBI for a similar price and get the passport in [--] months. Argentina also isn't a neutral country and Milei is heavily pro-Ukraine" [X Link](https://x.com/MacroJason/status/1795616864569065559) 2024-05-29T00:43Z [---] followers, [----] engagements "Current sentiment seems to be $1B for #Karak which is the same valuation as what they raised at last year. Quite surprised about the lack of Karak shilling by CT esp since they have referrals. Yet their TVL has been steadily growing. Not sure what this means 🤔 https://x.com/kwaker_oats_/status/1795118082609889634 https://x.com/ThorHartvigsen/status/1795550276234952962 https://x.com/kwaker_oats_/status/1795118082609889634 https://x.com/ThorHartvigsen/status/1795550276234952962" [X Link](https://x.com/MacroJason/status/1796387045125783895) 2024-05-31T03:43Z [---] followers, [---] engagements "@PendleIntern @Karak_Network @pendle_fi BTW how did you reach 'current global XP' Thought Karak kept this hidden" [X Link](https://x.com/MacroJason/status/1796387521502626112) 2024-05-31T03:45Z [---] followers, [---] engagements "@PendleIntern @Karak_Network @pendle_fi At $1B FDV implied #Karak XP point value is $0.0003 ($559/1948999). About [----] XP point / ETH / day (0.0003*3000*365)/3700*100 = 9% APR un-boosted and 18% APR with boost. Points based is sooo over" [X Link](https://x.com/MacroJason/status/1796406667753755079) 2024-05-31T05:01Z [---] followers, [--] engagements "@Route2FI IMO if / when crypto m-cap trades closer to large cap tech stocks then its a different game to what it is now - and thus more suited to market participants with different skills" [X Link](https://x.com/MacroJason/status/1799078685984829570) 2024-06-07T13:59Z [---] followers, [---] engagements "I've been in #Karak for a few months but keeping an open mind about risks. 1) Audit report points out 'owner must be fully trusted' (@RayRaspberry1 raised this point) 2) By depositing to Karak we must trust the people behind the 4/7 multisig. Who are those [--] individuals and are at least [--] of them doxxed 3) Is it technically possible for the multisig holders (subject to a [--] hour timelock) to upgrade contracts in a way that drain funds / pauses K2 bridge withdrawals 4) Aside from risks the ROI on restaking on Karak is effectively 9-18% APR which is quite low for the aforementioned risks." [X Link](https://x.com/MacroJason/status/1799147506397233272) 2024-06-07T18:32Z [---] followers, [--] engagements "@tervelix Looks like we're already at 1B points from $RABBY announcement today. Agree with your $1B FDV assumption. Did some quick calculations with an assumption that we will reach 2B #RABBY points by TGE. What do you think" [X Link](https://x.com/MacroJason/status/1799162099354014088) 2024-06-07T19:30Z [----] followers, [---] engagements "@MagusDevon Hey why do you think Rabby / Debank won't tokenize So many e-beggars putting in time to do tasks for their points that Rabby will face massive cyber bullying if they do a bait and switch. Worse than if they just didn't do a points campaign to give false hopium" [X Link](https://x.com/MacroJason/status/1799370367993250279) 2024-06-08T09:18Z [---] followers, [--] engagements "@denomeme Whats unclear is whether the Saudis are willing to price oil in other currencies - or merely settle which is quite different. Nearly every time with de-dollarisation headlines its in fact just settlements. But one could argue its the initial step" [X Link](https://x.com/MacroJason/status/1801240483835826348) 2024-06-13T13:09Z [---] followers, [--] engagements "Last week's US sanctions ended dollar and euro trading on Russias main exchange #MOEX. 'Russia experts' promptly predicted Ruble's collapse - it just happened that the Ruble 'collapsed' in the opposite direction - by strengthening +3% 😆 #USDRUB #SMO $GAZP $SBER If you want to counter-trade the midwit mainstream 'Russia collapse' narrative - here's a potential 100% ROI trade to bet on Russia👇 (Screenshot featuring 'experts' @ArturRehi @RealJakeBroe @ItsTheEnforcer)" [X Link](https://x.com/MacroJason/status/1803154941986373892) 2024-06-18T19:56Z [----] followers, [----] engagements "10 year Russian bond yields are trading close to multi decades high at 15% - effectively twice that of Russia's CPI which is at 7%. #OFZ At the start of the Donbas War Russian bond yields briefly touched 14% before rapidly declining" [X Link](https://x.com/MacroJason/status/1803154945635492158) 2024-06-18T19:56Z [---] followers, [--] engagements "@DeFi_Made_Here @ether_fi Interesting does rough maths show that 15% borrow cost (with boosts you mentioned) still beat 2-3% borrow cost on AAVE The whale who borrowed [---] ETH on Fluid fully closed their position and moved to AAVE. https://debank.com/profile/0x4127143a866bf5d8ad2afb6de8e63164b8ad5bf6 https://debank.com/profile/0x4127143a866bf5d8ad2afb6de8e63164b8ad5bf6" [X Link](https://x.com/MacroJason/status/1803937248473125291) 2024-06-20T23:45Z [---] followers, [--] engagements "Was curious about housing affordability in Paraguay on a local's salary. Do you know if these stats for Asuncion are fairly accurate In many EMs housing affordability is even worse than in the West. Probably due to artificially low interest rates esp in LatAm and SEA.E.g. Paraguay's GDP per capita is 3x lower than Poland's but its interest rate is nearly the same" [X Link](https://x.com/MacroJason/status/1804153859629044206) 2024-06-21T14:06Z [---] followers, [--] engagements "Another way to look at it: - This is not great. But if this happened in another century Assange would have been long dead. - Assange survived due to a combination of: social media coverage multipolar world order (e.g. hiding out in an Embassy and appearing in court in a quasi autonomous island of his choosing) crypto enabling private jet crowdfunding - Wikileaks did some questionable things e.g. doxxing personal name and addresses of a 'far right' political party they didn't like #AssangeFree #AssangeJet https://www.theguardian.com/politics/2009/oct/20/bnp-membership-list-wikileaks" [X Link](https://x.com/MacroJason/status/1806425073454112838) 2024-06-27T20:31Z [---] followers, [--] engagements "@eigenlayer Can the devs pls fix this" [X Link](https://x.com/MacroJason/status/1808223719967674633) 2024-07-02T19:38Z [---] followers, [----] engagements "Central & Eastern European regions with [--] mosques have average robbery rates that are 1000% lower than the West. The crime rate is also low in several Islamic Balkans countries and Russia (where 10% of the population are Muslims vs 6% in the UK). You simply can't mix neo liberalism with Islam" [X Link](https://x.com/MacroJason/status/1809924622575394841) 2024-07-07T12:17Z [---] followers, [--] engagements "There are so many things going wrong in the EU making it super easy to be bearish everything EU. But perhaps a bullish case can be made for EUR vs other fiats: 1) EU has a surprisingly healthy balance of trade vs G7. 2) It's not unrealistic that #AfD and #LePen can form governments sometime in the next 5-10 years. Whoever controls Germany and France controls the EU. 3) They may reset relations with Russia to get cheap energy flowing again normalize relations with China end the ESG agenda and end mass migration. 4) The new right is also quite crypto friendly e.g. AfD 5) By comparison such" [X Link](https://x.com/MacroJason/status/1809958059705544798) 2024-07-07T14:30Z [---] followers, [---] engagements "Some Russians who moved themselves and their assets out at the outbreak of the war are now repatriating - as the Russian economy & #RUB is nowhere near as bad as some expected. Real estate prices in Russian hotspots have stabilized (e.g. Tbilisi Belgrade Istanbul). Would be interesting to see what happens to Dubai property prices; since Russian investors have apparently bought up $6.3B worth of Dubai real estate since [----]. https://www.icij.org/news/2024/05/russians-bought-up-6-3-billion-in-dubai-property-after-2022-ukraine-invasion-report-finds/ A listing for a flat in Spain interesting" [X Link](https://x.com/MacroJason/status/1810384786026066423) 2024-07-08T18:45Z [---] followers, [---] engagements "Remarkable correlation between the two maps. In Western Europe - you pay a few hundred % higher taxes than in Eastern Europe to live in a country where your chances of getting robbed is up to thousands of % higher. 🤡 Taking Romania as an example: - Crime rate 800% lower than Belgium (on par with Japan and Singapore) - 10% capital gains tax on crypto (can get down to 0% in Georgia or 7% in Slovakia ) - 1-3% capital gains tax on stocks (crypto ETFs qualify). - 1% corporate revenue tax up to 500K. 8% flat dividend tax and 10% flat income tax. - Special visa regime making it v easy for Americans" [X Link](https://x.com/MacroJason/status/1810703447466864713) 2024-07-09T15:51Z [---] followers, [--] engagements "Some pics I took in downtown Bucharest - no rainbow flags in sight" [X Link](https://x.com/MacroJason/status/1810703451627635164) 2024-07-09T15:51Z [---] followers, [--] engagements "Remarkable correlation between the two maps. In Western Europe - you pay a few hundred % higher taxes than in Eastern Europe. In return - your chance of getting robbed is up to thousands of % higher. 🤡 Taking Romania as an example: - Crime rate 800% lower than Belgium (on par with Japan and Singapore) - 10% capital gains tax on crypto (can get down to 0% in Georgia or 7% in Slovakia ) - 1-3% capital gains tax on stocks (crypto ETFs qualify). - 1% corporate revenue tax up to 500K. 8% flat dividend tax and 10% flat income tax. - Special visa regime making it v easy for Americans and Canadians" [X Link](https://x.com/MacroJason/status/1810704962369757372) 2024-07-09T15:57Z [---] followers, [---] engagements "Some pics I took in downtown Bucharest - no rainbow flags in sight" [X Link](https://x.com/MacroJason/status/1810704966203392099) 2024-07-09T15:57Z [---] followers, [--] engagements "@wander_investor Puts into perspective how slow SEA's growth has been especially considering Serbia had to recover from getting carpet-bombed" [X Link](https://x.com/MacroJason/status/1811836886140240087) 2024-07-12T18:55Z [---] followers, [----] engagements "@stutireal The only European countries that future #ETHCC should be hosted in are those east of Germany. @danielgothits @evanincrypto Correct. Belgium being one of the most diverse countries has THE highest robbery rate in Europe. Some in comments say its about poverty and not race. But the map clearly shows an East / West divide - the more diverse the more robberies. E.g. Serbia is a few times poorer https://t.co/9hDCnlqL1e @danielgothits @evanincrypto Correct. Belgium being one of the most diverse countries has THE highest robbery rate in Europe. Some in comments say its about poverty and" [X Link](https://x.com/MacroJason/status/1811874516424892600) 2024-07-12T21:25Z [---] followers, [---] engagements "As the US becomes majority non-European an increasing amount of Americans (like Naval) no longer feel a kinship with Europeans. US foreign policy will inevitably reflect this new demographic reality. Europe may become increasingly independent from the US and free to pursue its own sovereign geopolitical strategy independent of Washington" [X Link](https://x.com/MacroJason/status/1812038511874228627) 2024-07-13T08:17Z [---] followers, [--] engagements "Hungary (Fidesz) and Poland (PiS) have significantly lower taxes than Reform UK's policies: - 9% corporate income tax (uncapped) in Hungary and 0-9% up to 2M in Poland - 15% flat capital gains tax in Hungary and 19% flat in Poland - An individual who earns 1M / year can quite easily structure their income tax to under 20% in both countries - No council tax and 0% inheritance tax (uncapped)" [X Link](https://x.com/MacroJason/status/1812045050697679229) 2024-07-13T08:43Z [---] followers, [--] engagements "Not just CNN - they're all the same: 'Injured in incident' 'Falls at rally' 'Popping sounds' I believe the German word for this is lugenpresse" [X Link](https://x.com/MacroJason/status/1812265783684411582) 2024-07-13T23:20Z [---] followers, [---] engagements "IMO seizure risk is much lower than with Russian assets: 1) The Chinese economy is more dependent on trade with the West. China also owns significantly more US & EU Treasuries than Russia 2) Most blue-chip Chinese stocks are listed on the Hong Kong stock exchange. So Hong Kong would have to implement this asset freeze. This would destroy China's most important capital market and may collapse the HKD (which is pegged to the USD). There are cheaper options for China to retaliate than this. The bigger risk I see with Chinese stocks is that the numbers don't go up 😅" [X Link](https://x.com/MacroJason/status/1812822594166341790) 2024-07-15T12:12Z [---] followers, [---] engagements "Yeah IMO it's precisely because crypto isn't tied too much to fundamentals right now that asymmetrical gains are still possible. Once tardfi enters its sooo over. In a PvP industry / casino where dog coins trade at few billion m-cap to take fundamentals too seriously is a recipe for failure" [X Link](https://x.com/MacroJason/status/1813707989175386132) 2024-07-17T22:50Z [---] followers, [--] engagements "Those [--] million #Revolut cardholder's bank accounts are all secured under the Central Bank of Lithuania's deposit insurance scheme In the event of Revolut's insolvency - it seems unlikely that a Central Bank of a country with under [--] million people can compensate [--] million bank account holders. Is the ECB legally obligated to help in that case https://www.revolut.com/en-LT/legal/deposit-insurance-information/ https://www.revolut.com/en-LT/legal/deposit-insurance-information/" [X Link](https://x.com/MacroJason/status/1814637312812146985) 2024-07-20T12:23Z [---] followers, [--] engagements "If #Poland & #CEE economic success is mainly down to the EU - then why is it that their GDP growth is virtually the same before vs after EU accession Economic growth might have been even stronger without the drawbacks of EU membership: brain drain in the millions + forced adoption of disastrous fiscal and environmental policies + inability to conclude own free trade deals" [X Link](https://x.com/MacroJason/status/1815081292922531886) 2024-07-21T17:47Z [---] followers, [---] engagements "Using Andrew Tate as an example: the UAE authorities were quite willing to cooperate with the Romanian (EU) authorities on seizing his Dubai-based Bugatti. The UAE is much more aligned to the West than some think; its currency is pegged to the USD and it hosts US troops on UAE soil. OTOH Tate also claimed to have properties in Russia - and those appeared to be fully out of reach of the EU. https://www.gulf-insider.com/cops-to-impound-andrew-tates-4-8m-bugatti-stored-in-dubai/ https://www.gulf-insider.com/cops-to-impound-andrew-tates-4-8m-bugatti-stored-in-dubai/" [X Link](https://x.com/MacroJason/status/1815857612409250296) 2024-07-23T21:12Z [---] followers, [---] engagements "Examples of what one could do: - 🧈 Own precious metals or alternative assets (e.g. artwork) stored in a local bank vault - 🏠Own local real estate - 📈 Own local stocks stored in a local brokerage account Countries hardest for your Western government to seize assets from is likely Russia Belarus and China. Tier [--] options (easier to seize but less local risks): HK Malaysia Vietnam and Brazil. The idea isn't to have all your assets there - but a portion for Plan B purposes" [X Link](https://x.com/MacroJason/status/1815857615018119393) 2024-07-23T21:12Z [---] followers, [--] engagements "@WELT_MNGR Sadly the Swiss have given up on neutrality. IMO neither moving to Switzerland nor having assets there offer any meaningful additional projection. https://www.focus.de/experts/vermoegensregister-geplant-eu-will-umfassende-datenbank-zum-vermoegen-aller-buerger-aufbauen-was-dahinter-steckt_id_260158959.html#::text=Das%20EU%2DVerm%C3%B6gensregister%20wird%20voraussichtlichTerrorismusfinanzierung%20besser%20bek%C3%A4mpfen%20zu%20k%C3%B6nnen https://www.bloomberg.com/news/articles/2024-04-23/switzerland-says-it-s-blocked-14-2-billion-of-russian-assets" [X Link](https://x.com/MacroJason/status/1815863309943414911) 2024-07-23T21:35Z [---] followers, [--] engagements "@krugermacro Interesting that $COIN is holding up better than ETH (-4.3%). Thought some TradFi investors would rotate or re-allocate from $COIN to $ETH post ETF approval" [X Link](https://x.com/MacroJason/status/1816303721598341289) 2024-07-25T02:45Z [---] followers, [---] engagements "Sanctions have de-coupled Russia from the global market. #Ruble is one of the few greens in a sea of red today (partly due to their Central Bank's +$10B weekly increase in international reserves and the expected rate hike). Russia offers uncorrelated exposure vs global markets. From 17% p.a. government bonds to large caps like $SBER delivering +20% (1 year) whilst paying 10% dividend. My thread on a potential 100% ROI trade with Russian #OFZ bonds: HNWI from neutral or friendly countries can remotely open a Russian brokerage account. #MICEX #RUBUSD #EURRUB #Oil $GAZP" [X Link](https://x.com/MacroJason/status/1816590680548078035) 2024-07-25T21:45Z [---] followers, [---] engagements "@thesiriusreport @_mm85 Hungarys GDP is 196B - a 1B loan doesnt seem significant. Hungarys debt is also below EU average" [X Link](https://x.com/MacroJason/status/1816777986110074962) 2024-07-26T10:10Z [---] followers, [---] engagements "@denomeme Do we have any insight on when a ETH ETF with staking yield may launch IMO that would be pivotal - as TradFi and boomers love yield. They can also think of ETH staking rewards as dividends and burn as buy backs. And there are no big tech stocks delivering 4% div like ETH" [X Link](https://x.com/MacroJason/status/1818660382002520548) 2024-07-31T14:49Z [---] followers, [--] engagements "Benefits of purchasing #ETHETF via Hong Kong: 1) Geographical & custodian diversification - US ETH ETFs use Coinbase as the custodian. HK ETH ETFs currently uses BOCI-Prudential as the custodian (HK domiciled). 2) May offer staking yield before the US. HK has 0% capital gains and dividends tax - thus staking yield will be untaxed on HK side. Why you should consider having a portion of your ETH under ETF vs self-custody (even if you're a crypto native): 1) Easier on inheritance matters - as your heirs may not be as technically capable as you. Inheriting your brokerage account requires little" [X Link](https://x.com/MacroJason/status/1818784430346899616) 2024-07-31T23:02Z [---] followers, [---] engagements "@TravisHoium Do you think $COIN will get close to [----] rev and net income by end [----] Wondering whether these new revenue streams will make up for much lower trading volumes vs 2021" [X Link](https://x.com/MacroJason/status/1819798071452250455) 2024-08-03T18:10Z [---] followers, [---] engagements "One of Brussels' most successful psyop is convincing us that Eastern Europe's economic growth is down to EU membership. This is false. Let's look at #Bulgaria as an example👇 1) Bulgaria's average GDP growth remained the same before vs after joining 2) After joining the #EU Bulgaria suffered brain drain and emigration leading to the worst demographic collapse in Europe 3) The EU also pressured Bulgaria into pegging it's currency to the Euro. Bulgaria lost the ability to set its own monetary policy which is crucial for an emerging market. E.g. Bulgaria is 1/3 poorer than Poland yet the" [X Link](https://x.com/MacroJason/status/1820086623041675358) 2024-08-04T13:17Z [---] followers, [---] engagements "The above points are valid for all #CEE countries that joined the EU. But IMO Bulgaria is in the worst position due to giving up its own currency (Point 3). I'm still bullish on the #CEE and the #Balkans. But we should understand that CEE's impressive growth is not because of - but rather in spite of joining the EU. https://x.com/MacroJason/status/1815081292922531886 https://x.com/MacroJason/status/1815081292922531886" [X Link](https://x.com/MacroJason/status/1820086626048938275) 2024-08-04T13:17Z [---] followers, [--] engagements "@cryptovlat @LynAldenContact You're right when viewed as % of AUM or $BRK market cap - Berkshire's cash pile is not that far off the long-term average" [X Link](https://x.com/MacroJason/status/1820145115379491045) 2024-08-04T17:09Z [---] followers, [----] engagements "@phtevenstrong Sorry to hear. Have a $weETH / $wstETH loop opened on Fluid which was safe. Looks the 'contract price rather than oracle' worked out" [X Link](https://x.com/MacroJason/status/1820574176102817990) 2024-08-05T21:34Z [---] followers, [---] engagements "@DeFi_Made_Here Indeed glad I am using Fluid 🫡 Do you know if anyone had their wstETH / weETH positions liquidated Wondering how it can happen in practice" [X Link](https://x.com/MacroJason/status/1820575769095249987) 2024-08-05T21:41Z [---] followers, [--] engagements "How is 'trade-weighted terms' defined EU vs US trade balance has widened in the EU's favor. Real interest rate differential between the FED and ECB is also narrowing. And Trump wants a weaker dollar for exports. Seems realistic for EUR/USD to not trade below $1.09 in the coming few years short of some black swan events" [X Link](https://x.com/MacroJason/status/1820598651720536064) 2024-08-05T23:11Z [---] followers, [---] engagements "@MikeSilagadze Doubtful as DeFi is priced on narratives not P/E. $DPI is down only" [X Link](https://x.com/MacroJason/status/1820842525298491495) 2024-08-06T15:21Z [---] followers, [--] engagements "JPY #carrytrade has been going on for decades as there's a consistently large spread between US and Japanese bond yields (blue line). Also see $USDJPY (red line) - only those who shortened $JPY above $145 are rekt most had a chance to enter at lower prices. Guessing many JPY shorts are collateralized on US Treasuries which are increasing in value with yield decreasing which helps with their collateral health (many are collateralizing their JPY loans on UST)" [X Link](https://x.com/MacroJason/status/1820974401258500186) 2024-08-07T00:05Z [---] followers, [---] engagements "Prediction: European concerts and conferences will gradually shift from being hosted in Western EU capital cities to leading #CEE cities. Makes more sense to host in Budapest Warsaw & Prague. Lower costs and safer. Bullish CEE short-term rentals and local real estate. NEW: Taylor Swift's concert in Vienna got canceled because of a terrorist threat from a 19-year-old Albanian. Why do they always have to act like that https://t.co/3cVQszlGa9 NEW: Taylor Swift's concert in Vienna got canceled because of a terrorist threat from a 19-year-old Albanian. Why do they always have to act like that" [X Link](https://x.com/MacroJason/status/1821507222473507071) 2024-08-08T11:22Z [---] followers, [---] engagements "In based Bulgaria their elections are essentially the far right vs centre right. 10% flat tax on income and capital gains. Fairly easy for non-EU citizens to get residency via incorporation or real estate purchase (the EU's cheapest real estate market). Bulgarian parliament just passed a ban of "homosexual propaganda" in schools. The legislative amendment was put forward by the pro-Kremlin Vazrazhdane (Revival) party but the pro-Western GERB (@EPP ) and MRF ( @RenewEurope ) voted in favour too securing a majority. Bulgarian parliament just passed a ban of "homosexual propaganda" in schools." [X Link](https://x.com/MacroJason/status/1821510011870122065) 2024-08-08T11:33Z [---] followers, [---] engagements "I've been investing in Poland since [----]. Bought 10+ flats in #Warsaw - exited most and held on to some. Made some smaller investments in Polish equities and fixed income too. FinTwit has started to pick up on Poland's potential. The Ukraine war has allowed Poland to position itself as a regional leader in front of a global audience. Coupled with Poland's sustained economic growth vs Western EU downturn. My thoughts on whether it's too late to invest in #Poland 👇 I am in Warsaw tonight can confirm. It is like Western Europe used to be before things went wrong. Poland is really safe and" [X Link](https://x.com/MacroJason/status/1821651140460806394) 2024-08-08T20:54Z [---] followers, [---] engagements "Polish real estate: - Chart [--] (quarterly price growth trends): nominal real estate prices in Poland outperformed the EU average over the last decade by an impressive margin. - Chart 2: when indexed against average salaries of Poles - it has stayed flat indicating average salary growth has kept up. However average is not to be confused with median. The increase of high earners in Poland has skewed this figure. As a result there is increasing political appetite to tax 'speculators'. - Gross rental yields have also decreased from 7% a decade ago to about 5% now. - Conclusion: you're not early" [X Link](https://x.com/MacroJason/status/1821651143836987575) 2024-08-08T20:54Z [---] followers, [--] engagements "@Dennis_Porter_ How do we know its for GS own corporate balance sheet and not just on behalf of their clients" [X Link](https://x.com/MacroJason/status/1823545454639853741) 2024-08-14T02:21Z [---] followers, [---] engagements "@yaminfouzi @phmay_sg @imidaily @wander_investor Would be cool to see post [----] figures to see whether Switzerland giving up their neutrality accelerated this trend" [X Link](https://x.com/MacroJason/status/1823953198563967262) 2024-08-15T05:21Z [---] followers, [---] engagements "@federicawoelk 50% of Germans want war with Russia Only 10% want to liberate itself from the EU Theres a real problem" [X Link](https://x.com/MacroJason/status/1824179853719113782) 2024-08-15T20:22Z [---] followers, [---] engagements "Apart from Switzerland Singapore also quasi gave up its neutrality on Ukraine. Probably out of a calculated move to keep on the good side of the West as a hedge against proximity to China. Out of the list of countries Russia defines as 'friendly or neutral' the only financial hubs are Hong Kong & UAE. @yaminfouzi @phmay_sg @imidaily @wander_investor Would be cool to see post [----] figures to see whether Switzerland giving up their neutrality accelerated this trend https://t.co/yGgFAvLakH @yaminfouzi @phmay_sg @imidaily @wander_investor Would be cool to see post [----] figures to see whether" [X Link](https://x.com/MacroJason/status/1824210256311857335) 2024-08-15T22:23Z [---] followers, [---] engagements "Summer [----] felt like decades ago - Putin chilling with Austria's foreign minister - Trump / Kim peace conference - $6000 BTC 0% interest rates - Before the e-scooter and vaping epidemic" [X Link](https://x.com/MacroJason/status/1824228574754177096) 2024-08-15T23:35Z [---] followers, [---] engagements "America spends money on foreign wars to retain dollar hegemony. It may be immoral - but arguably it made financial sense for the US so far. In the last [--] years: 1) $8 trillion spent on foreign wars - a large part is recycled into the American economy through military & defense industry jobs. 2) During this period USD not only kept its role as the reserve currency - but strengthened it. USD is up 20%. Dollar-denominated debt grew massively too. The world has never been so dependent on the dollar. #USDEUR #USDRMB #USDJPY #DXY #EuroDollar 3) A strong dollar allowed the US to run a $15 trillion" [X Link](https://x.com/MacroJason/status/1824278963830595600) 2024-08-16T02:56Z [---] followers, [---] engagements "Personally I went for a sovereign bond trade and bought mid to long-duration Hungarian government bonds when rates peaked at 13% in early [----]. Current unrealized gains of 34%. Lower returns than $BUX but a different risk profile. The Hungarian state would have to go bankrupt and default for me to not get paid" [X Link](https://x.com/MacroJason/status/1824415738599207095) 2024-08-16T11:59Z [---] followers, [--] engagements "What next in Hungary Interest rates should continue to fall (chart below from ING think). Fixed-income yields are becoming less attractive and mortgage rates are more affordable. This should be bullish for Budapest real estate especially with the new Hungarian Golden Visa via real estate investment program. You can find a great write-up by @imidaily 👉 And as @GlobalPropGuide data shows Budapest still offers some of Europe's cheapest capital city real estate 👉 https://www.globalpropertyguide.com/europe/square-meter-prices" [X Link](https://x.com/MacroJason/status/1824415741765898411) 2024-08-16T11:59Z [---] followers, [---] engagements "Lastly feel free to reach out if you're interested in: - Remotely opening a brokerage account in Hungary (or other jurisdictions including Singapore) - Discovering undervalued opportunities in emerging and frontier markets. Currently I see the best opportunities in Central & Eastern Europe as well as Central Asia. Before and after of a 70m2 flat I bought in Budapest District [--]. Exited after [--] year with a total return of +27%. https://www.flag.ventures/realestate https://www.flag.ventures/realestate" [X Link](https://x.com/MacroJason/status/1824415744819663099) 2024-08-16T11:59Z [---] followers, [---] engagements "@PeterSchiff Congrats on being able to buy [-----] BTC with [--] ounce of Gold" [X Link](https://x.com/MacroJason/status/1824434622773493898) 2024-08-16T13:14Z [---] followers, [---] engagements "@agent_of_change Regardless of whether we like it - this is multipolarity in action. Prof Dugin pointed out that in a multi polar world the way small states maintain sovereignty is through forming alliances. Multi polarity empowers small states to have a greater choice of who to ally with" [X Link](https://x.com/MacroJason/status/1824656240670089463) 2024-08-17T03:55Z [---] followers, [---] engagements "@QeYcc @SantiagoAuFund What advantages do you think MidEast families see in HK vs UAE Perhaps diversification away from their home country without the sanction risk of Singapore 🤔 Apart from Switzerland Singapore also quasi gave up its neutrality on Ukraine. Probably out of a calculated move to keep on the good side of the West as a hedge against proximity to China. Out of the list of countries Russia defines as 'friendly or neutral' the only financial https://t.co/e3KmzKutBi Apart from Switzerland Singapore also quasi gave up its neutrality on Ukraine. Probably out of a calculated move to" [X Link](https://x.com/MacroJason/status/1824658432252624927) 2024-08-17T04:04Z [---] followers, [--] engagements "@JasonBugra Housing bubble disrespectors" [X Link](https://x.com/MacroJason/status/1824659667072512049) 2024-08-17T04:08Z [---] followers, [--] engagements "@cremieuxrecueil I wonder if South Africa foreshadows what awaits the US in a few decades" [X Link](https://x.com/MacroJason/status/1825208325077712932) 2024-08-18T16:29Z [---] followers, [---] engagements "@spalinskipatryk Isnt it disrespectful for you to look down on 50% of American voters - whilst American taxpayers have for decades helped ensure your countrys military survival" [X Link](https://x.com/MacroJason/status/1825291760874246331) 2024-08-18T22:00Z [---] followers, [----] engagements "@wander_investor The sad part is that 2/3 of the population voted for Labour or parties even further to the left (Lib Dems Greens etc). Out of the 1/3 who don't most indeed choose to pretend nothing is happening" [X Link](https://x.com/MacroJason/status/1825666912963146175) 2024-08-19T22:51Z [---] followers, [--] engagements "Corporate tax in the US under Kamala: 28% Corporate tax in officially communist countries: - China: 25% (15% for certain tech companies) - Vietnam: 20% - Laos: 20% The good news is that Kamala's 28% tax is still competitive compared to Venezuela (34%) and Cuba (35%) 💪 Interesting development mirroring the United Kingdom's direction from a corporations tax perspective. https://t.co/qCCBLt1FWl Interesting development mirroring the United Kingdom's direction from a corporations tax perspective. https://t.co/qCCBLt1FWl" [X Link](https://x.com/MacroJason/status/1825671489854542149) 2024-08-19T23:09Z [---] followers, [---] engagements "$1300 ETH and $35000 BTC. Will add more collateral if price dumps. You Concluded that for ETH best to leverage via DeFi (highest liquidation threshold and lowest rates). With BTC IMO leveraging using BTC ETF (margin loan looping) is better risk / reward than trusting WBTC on DeFi or CeFi. BTC ETFs are much more strictly regulated than CeFi or CEX and better borrowing rates via TradFi brokerage" [X Link](https://x.com/MacroJason/status/1825865423943782621) 2024-08-20T12:00Z [---] followers, [--] engagements "Study Inflationsknig Study Michael Saylor and $MSTR borrowing billions in fiat to buy #BTC https://x.com/i/grok/share/MeOLB2wpSkspsUtVttiIlhlDr https://en.wikipedia.org/wiki/Hugo_Stinnes#Later_life https://x.com/i/grok/share/MeOLB2wpSkspsUtVttiIlhlDr https://en.wikipedia.org/wiki/Hugo_Stinnes#Later_life https://x.com/i/grok/share/MeOLB2wpSkspsUtVttiIlhlDr https://en.wikipedia.org/wiki/Hugo_Stinnes#Later_life https://x.com/i/grok/share/MeOLB2wpSkspsUtVttiIlhlDr https://en.wikipedia.org/wiki/Hugo_Stinnes#Later_life" [X Link](https://x.com/MacroJason/status/1825871695116148763) 2024-08-20T12:25Z [---] followers, [---] engagements "Anglo and Nordic countries have some of the highest taxes yet its government fails with the basic task of keeping people off drugs. Once your government has been infected by liberalism - high tax revenue just further empowers them to make things worse. The Eastern European countries below also have some of the lowest taxes. E.g. personal income and capital gains taxed at a flat rate of 10% in Romania and Bulgaria and 9% corporate tax rates in Hungary and Poland. Countries in Europe with the fewest deadly drug overdoses [--]. Romania [--]. Bulgaria [--]. Hungary [--]. Slovakia [--]. Poland Source: Statista -" [X Link](https://x.com/MacroJason/status/1826230986301906958) 2024-08-21T12:12Z [---] followers, [---] engagements "@DeFi_Made_Here Rates market is not logical or efficient even in TradFi. There are hundreds of millions USD (if not more) sitting in bank accounts yielding 0.61% on average when they can just buy T-bills and get 5% whilst removing bank risk. Probably an element of laziness too" [X Link](https://x.com/MacroJason/status/1826364957920743586) 2024-08-21T21:05Z [---] followers, [---] engagements "@MonkeyDLuffy642 How did you come to $3.8T (total) as the optimal cycle exit Some comps I'm keeping an eye on: BTC m-cap as % of Gold m-cap Total crypto m-cap vs M7 / MAMAA / FAANG" [X Link](https://x.com/MacroJason/status/1826375407802978761) 2024-08-21T21:46Z [---] followers, [--] engagements "@InsurAce_io But your mod says otherwise" [X Link](https://x.com/MacroJason/status/1826513969684553762) 2024-08-22T06:57Z [---] followers, [---] engagements "@klr192 @reservereverse @DeFi_Made_Here Correct similarly cheaper the borrow against BTC ETF at 6% on TradFi brokers then against BTC (arguably less risk) on CeFi and CEX. E.g. Ledn (13%) Nexo (18%) or Kraken (40%). Which TradFi broker did you find btw for borrowing against BTC futures" [X Link](https://x.com/MacroJason/status/1826519060307189842) 2024-08-22T07:17Z [---] followers, [---] engagements "Why you should NOT hold stable coins unless you have a good reason to: By holding USD stable coins you by default take on US sovereign risk whilst not being compensated for that (risk adjusted DeFi yields being lower than risk free US Treasuries see linked thread below). In addition you take on: - Depeg risk: DeFi insurance markets price #USDC and #USDT depeg risk at 3% p.a. The coverage is often fully sold out indicating correct risk premium pricing. - Custodial risks: regardless of whether you store it via own keys which is subject to the risk of losing it / theft / $5 wrench attack or" [X Link](https://x.com/MacroJason/status/1826533159783076276) 2024-08-22T08:13Z [---] followers, [---] engagements "@LandlordRev Thanks In Warsaw Poland" [X Link](https://x.com/MacroJason/status/1826640009434452173) 2024-08-22T15:18Z [---] followers, [--] engagements "@InsurAce_io Will delete the inaccurate comment then. But you can see how your mod's comments confused others" [X Link](https://x.com/MacroJason/status/1826730720703770841) 2024-08-22T21:18Z [---] followers, [--] engagements "@exeatholdings @Moneycorp Thanks sir will check them out 🫡 Mainly keeping an eye on FX for its impact on my EM real estate. Also researching some less conventional FX related trades with high upside (long-duration ruble bonds and shorting JPY against gold on multi year basis) 👀" [X Link](https://x.com/MacroJason/status/1826742975847907420) 2024-08-22T22:07Z [---] followers, [---] engagements "A GBP / EUR / JPY saver didn't do much better than a Russian Ruble saver over the last [--] years vs. USD - when you account for rate differences during this period (short-term treasuries with their national banks). @macro_alchemist Shouldn't we factor in rate differences too In the last [--] years: Russian rates averaged at roughly 9% vs 2% FED funds. RUB depreciated by -68% vs USD. So whilst the Ruble saver would have come out worse it wouldn't have been that terrible. In the same 20-year period: GBP https://t.co/kWYOwCzjdo @macro_alchemist Shouldn't we factor in rate differences too In the" [X Link](https://x.com/MacroJason/status/1827002292828020840) 2024-08-23T15:17Z [---] followers, [---] engagements "#CEE currencies reacting nicely to #FED pivot. PLN CZK and HUF assets are interesting options for those who want a leveraged bet on EUR whilst being exposed to the EU's highest growth and lowest debt markets. This has to be one of the most important market setups today. The euro is on the verge of breaking through a historical resistance level which could drastically alter the macro landscape. Note that the British pound has already surpassed this resistance likely serving as an https://t.co/WainGYOaMj This has to be one of the most important market setups today. The euro is on the verge of" [X Link](https://x.com/MacroJason/status/1827015069319807342) 2024-08-23T16:08Z [---] followers, [---] engagements "It's fine to dislike mass tourism: The problem with Spain is that it's at 100% debt to GDP and had zero GDP per capita growth for [--] years - even with tourists. https://x.com/MacroJason/status/1824952901350883748 https://x.com/MacroJason/status/1824952901350883748 Anti Tourism Graffiti in Barcelona Spain https://t.co/jVrDvYzGBW https://x.com/MacroJason/status/1824952901350883748 https://x.com/MacroJason/status/1824952901350883748 Anti Tourism Graffiti in Barcelona Spain https://t.co/jVrDvYzGBW" [X Link](https://x.com/MacroJason/status/1827037606787363052) 2024-08-23T17:38Z [---] followers, [---] engagements "@exeatholdings @business @BloombergTV @FerroTV @stuartlkaiser This time its different right 😬 https://x.com/Geiger_Capital/status/1827033405562765542 🔸First Rate Cut - Jan [--] [----] - S&P [---] fell 39% next [---] days - Unemployment rose another 2.1% 🔸First Rate Cut - Sep [--] [----] - S&P [---] fell 54% next [---] days - Unemployment rose another 5.3% 🔸First Rate Cut - Sep [--] [----] - - https://t.co/ByaP9mtGq4 https://x.com/Geiger_Capital/status/1827033405562765542 🔸First Rate Cut - Jan [--] [----] - S&P [---] fell 39% next [---] days - Unemployment rose another 2.1% 🔸First Rate Cut - Sep [--] [----] - S&P 500" [X Link](https://x.com/MacroJason/status/1827038292032037149) 2024-08-23T17:40Z [---] followers, [---] engagements "#Montenegro is one of the easiest European countries to get residency in right now - whether youre Russian or American. And theres a reasonable chance this will turn into a EU permanent residency or citizenship within 5-10 years. Underrated place with its amazing costs and its governments efforts to make Montenegro crypto friendly. #Vitalik was granted citizenship in June [----]. Decent taxes by European standards: income and corporate tax at 9-15% and capital gains / crypto tax at 15%. If you have [---] ETH at current prices you can structure this under a local company and use the staking yield" [X Link](https://x.com/MacroJason/status/1827073273550496016) 2024-08-23T19:59Z [---] followers, [---] engagements "Theres so much momentum and enthusiasm behind Trump (assassination Elon #RFK) AND hes faced with a weak opponent - yet hes still barely beating Kamala in the polls. Why Demographic changes. Majority of ethnic minority voters in the US do not care who the candidates / what the issues are - they simply will not vote GOP. Perhaps the trend will change - but so far it hasnt" [X Link](https://x.com/MacroJason/status/1827148268544860396) 2024-08-24T00:57Z [---] followers, [---] engagements "Many don't realize how bad VC funds have done over the last decade even with ultra low rates. Vast majority of VCs underperformed SPX (with much more volatility and much lower liquidity). Chamath's social capital as an example. These IRR are already amongst the top 10% of VC performance. If you want risk-on in tech why wouldn't you just go for crypto🤷♂" [X Link](https://x.com/MacroJason/status/1827421129922756688) 2024-08-24T19:02Z [---] followers, [--] engagements "@Anarchist4ever @OlgaBazova Yeah despite overall incompetence of EU / German government the trade balance recovery is impressive" [X Link](https://x.com/MacroJason/status/1827421692618051849) 2024-08-24T19:04Z [---] followers, [---] engagements "@0xJim Also 0% tax on crypto and capital gains + super easy to get residency" [X Link](https://x.com/MacroJason/status/1827475364467093724) 2024-08-24T22:37Z [---] followers, [---] engagements "Kiev real estate market price trend in USD terms. The benefit of an un-leveraged real estate market is that you can be at war with a nuclear power and your real estate prices remain stable. (Price segment indicated in color. Green = premium Orange = above average Red = average Blue = budget) Why When people have no mortgage payments to make they're not forced into selling. Mortgage rates were 10% so the vast majority of home owners bought without a mortgage" [X Link](https://x.com/MacroJason/status/1827713197920411767) 2024-08-25T14:22Z [---] followers, [---] engagements "Im a #Bukele appreciator but El Salvador is not a sovereign country: - Military ranked 125th globally - 40% of trade is dependent on the US - 24% of GDP dependent on remittances from the US - GDP per capita PPP even lower than Ukraines https://t.co/2yUgqqs1YH https://t.co/2yUgqqs1YH" [X Link](https://x.com/MacroJason/status/1828015466092150885) 2024-08-26T10:23Z [---] followers, [---] engagements "Ideal passport portfolio: [--] Western + [--] Eastern + [--] neutral country. Best neutral country options right now: Turkey via CBI Brazil via birth Serbia via naturalization. If pre-rich and can't afford citizenship then go for residency first. As @DegenSpartan use to say with bank accounts / passports: three is two two is one one is none" [X Link](https://x.com/MacroJason/status/1828054136576704926) 2024-08-26T12:57Z [---] followers, [---] engagements "@IGWTreport Gold's purchasing power vs other assets is what matters not it's fiat value https://x.com/MacroJason/status/1825323438170419690 🧈 Gold is still far away from an ATH when measured against equities real estate oil or bitcoin👇 1) Gold vs US Equities: ounces of gold required to buy $DJIA. At gold's peak it was [---] ounces of gold. Today it's [----] ounces. Gold is worth 12.5x less. 2) Gold vs US Real https://t.co/HCu3JbGdNL https://x.com/MacroJason/status/1825323438170419690 🧈 Gold is still far away from an ATH when measured against equities real estate oil or bitcoin👇 1) Gold vs US" [X Link](https://x.com/MacroJason/status/1828118528962216056) 2024-08-26T17:13Z [---] followers, [---] engagements "Most #Gold bulls look to mining stocks or #Silver to gain leverage. But $XAUJPY (long Gold short #Yen) outperformed all that in the last [--] years. I like this as a multi-year macro trade. $GDX $GDXJ $SIL $SILJ $LBUL $UGL $DGP" [X Link](https://x.com/MacroJason/status/1828172922441416828) 2024-08-26T20:49Z [----] followers, [---] engagements "@ExitStrategyW @onlyvixx Let's see how well the UAE does with getting #Durov out. Turkey Brazil and Serbia are also interesting neutral countries that are quasi-sovereign. HK & Russia are interesting options for some (E.g. #Snowden first fled to HK before moving to Russia)" [X Link](https://x.com/MacroJason/status/1828540232976978211) 2024-08-27T21:08Z [----] followers, [--] engagements "@wander_investor 70% of Polish electricity cost goes towards EU climate tariffs. Good thing is that heating is supplied through coal so not much electricity is consumed. Monthly electricity bills for my Polish rental flats rarely exceed $20" [X Link](https://x.com/MacroJason/status/1828810904269472037) 2024-08-28T15:04Z [---] followers, [---] engagements "@denomeme Looks and sounds like a [----] ICO scam" [X Link](https://x.com/MacroJason/status/1829183081053311185) 2024-08-29T15:43Z [---] followers, [--] engagements "@exeatholdings @business @BloombergUK @wealth @PhilAldrick @alexwickham Lets pump that up to 50% 😤" [X Link](https://x.com/MacroJason/status/1829272718249734541) 2024-08-29T21:39Z [---] followers, [--] engagements "Have hired people from 20+ countries mainly during my time working in tech: 1) If you want high IQ + strong work ethic your best options are: Eastern Europeans Chinese and Americans. Overlay below map with average IQ data and you will see. 2) In Eastern Europe your best options are: Poland Ukraine Belarus Russia Romania Serbia. 3) Top tier Chinese workers are Singaporeans. Most affordable Chinese workers are Malaysians. Both speak good English. 4) Only have limited experience hiring Greeks but my experience matches below map. Gen Z & Millennial Greeks grew up in a much tougher time than their" [X Link](https://x.com/MacroJason/status/1829522335348441236) 2024-08-30T14:11Z [---] followers, [---] engagements "@SStapczynski Doesn't Japan still run a large trade deficit due to its lack of energy independence Wondering if there's any realistic way Japan can be truly energy independent in coming years which will strengthen JPY bigly" [X Link](https://x.com/MacroJason/status/1829597455673147484) 2024-08-30T19:10Z [---] followers, [---] engagements "@TokenBrice Why would anyone mint FNS if Frax already has a token Sole use case of minting domains on L2s is airdrop hunting" [X Link](https://x.com/MacroJason/status/1829641293506756695) 2024-08-30T22:04Z [---] followers, [---] engagements "The Global South will stay poor until they start to do basic things like showing up / paying on time. Sinosphere countries are the exception. That's why I prefer emerging and frontier markets outside the Global South. For all the deficiencies of the Soviet Union - at least they taught people to show up / pay on time. Ive had it with these 🤏 Mexicans 😂 My friends girl planned a surprise birthday party him. She asked everyone to be there at [--] sharp. I arrive at [--]. No one is there 9pm hits and half the people in the group chat say they are still [--] minutes away. Do not try to plan a Ive had it" [X Link](https://x.com/MacroJason/status/1829970434462532091) 2024-08-31T19:52Z [---] followers, [---] engagements "Russians & Ukrainians are so much better at putting out catchy propaganda for their respective Western audiences than the Chinese (China Taiwan Hong Kong). They understand the Western psyche so much better. Metro stations in St.Petersburg 📍Russia According to nafos this country does not have toilets https://t.co/GneeCa7P0G Metro stations in St.Petersburg 📍Russia According to nafos this country does not have toilets https://t.co/GneeCa7P0G" [X Link](https://x.com/MacroJason/status/1830009788622569812) 2024-08-31T22:28Z [---] followers, [---] engagements "How the US started Germany's current fifth column / migrant mess 👇 What started as [---] Turks working 'temporarily' ended up as 1.3M Turks. Many of whom have German citizenship vote overwhelmingly for leftist parties and consider themselves more Turkish than German. https://en.wikipedia.org/wiki/Gastarbeiter#West_Germany https://en.wikipedia.org/wiki/Gastarbeiter#West_Germany" [X Link](https://x.com/MacroJason/status/1830271135940030893) 2024-09-01T15:46Z [---] followers, [---] engagements "China may be settling more trades in #RMB - but commodities are still priced in USD and other countries still overwhelmingly prefer to save in USD not RMB. Let's say China imports oil from Saudis. The contract is denominated in USD. For the Saudis It doesn't matter if they get paid in RMB or USD - because as soon as they receive payment - they can freely exchange RMB back to USD or the Saudi Riyal (which like most Gulf State currencies is pegged to USD). Real signals for de-dollarization: commodities aren't priced in USD counterparties voluntarily choose to save in non-USD currencies Gulf" [X Link](https://x.com/MacroJason/status/1830658943150162122) 2024-09-02T17:27Z [---] followers, [---] engagements "@jamesguzman8 What would you say the 'why' is Both countries asked to be part of NATO and effectively received free military aid from the US for decades" [X Link](https://x.com/MacroJason/status/1830712155152253342) 2024-09-02T20:59Z [---] followers, [--] engagements "An incredible chart - UK house prices have not grown for [--] years. Most think of real estate prices in nominal terms and fail to consider inflation-adjusted real returns. BOE Interest rates between [----] and [----] were not low. The increase was primarily driven by real wage growth. Those who invested in UK real estate between 2004-2024 on average kept up with inflation + earned rental income. But those who took out very low-interest mortgages (2009-2021) and bought in the right locations did better on a leveraged basis. Some charts were taken from the video linked below. @PensionCraft has some" [X Link](https://x.com/MacroJason/status/1831002994999255378) 2024-09-03T16:15Z [---] followers, [---] engagements "Lessons: 1) Primary reasons real estate prices go up (from most organic to least) on the demand-side: a) real wage growth b) demand from foreign buyers c) mass migration d) artificially low interest rates 2) Developed real estate markets have already exhausted all [--] of the above. Therefore without a big crash - real estate prices will unlikely outperform inflation (as is the case in the UK for the last [--] years). 3) This is exactly why I choose frontier and emerging market real estate. Taking Romania as an example: a) House price index closely tracks GDP per capita growth thus implying fair" [X Link](https://x.com/MacroJason/status/1831002999449129281) 2024-09-03T16:15Z [---] followers, [---] engagements "#Uzbekistan is a frontier real estate market on my watch list. When local investors are dissatisfied with rental yield only being 8% (dollarized return) - its generally a good sign" [X Link](https://x.com/MacroJason/status/1831010677110280562) 2024-09-03T16:45Z [---] followers, [--] engagements "If #China is 'socialist' - what does that make the West Government spending as % of GDP: Hong Kong - 28% Switzerland - 32% China - 33% US - 36% Canada - 41% UK - 44% Japan - 44% Sweden - 47% Germany - 49% Italy - 57% France - 58% Sourced from IMF: https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/GBR/ESP/ITA/CHN https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/GBR/ESP/ITA/CHN @Lumberjackish_ Reform began in [----] and has continued until today and will continue. It refers to the establishment of socialism with Chinese characteristics and the completion of the primary stage" [X Link](https://x.com/MacroJason/status/1831043546021077194) 2024-09-03T18:56Z [---] followers, [---] engagements "@Cysiox @krzysztofbosak America does not have a gun problem it has a race problem. Looking just at European and Asian American homicide rates - it is one of the lowest in the world. Data source: https://wonder.cdc.gov/ucd-icd10-expanded.html https://wonder.cdc.gov/ucd-icd10-expanded.html" [X Link](https://x.com/MacroJason/status/1831056919559303414) 2024-09-03T19:49Z [---] followers, [---] engagements "@MoveToRussiaCom It was Goldman Sachs who requested the cancellation of their license :)" [X Link](https://x.com/MacroJason/status/1831091702620364835) 2024-09-03T22:07Z [---] followers, [---] engagements "@wander_investor Outside of Serbia vast majority in West Balkans support joining the EU :/ Even in Serbia its 40% support. It will make the Bangladeshi food poison thing even worse since even more locals will leave for higher paying countries - esp blue collar. Sad" [X Link](https://x.com/MacroJason/status/1831344679780069835) 2024-09-04T14:52Z [---] followers, [--] engagements "Reasons Hong Kong property prices are dumping: 1) It topped UBS' property bubble index for almost a decade. It's the most over-valued property market globally. 2) Locals could barely afford it when rates were close to 0% (HKD is pegged to USD thus follows FED rates). Since [----] rate hikes it has become even more unaffordable. There's barely any wage growth in HK. 3) Mainland buyers were the biggest / main group of foreign buyers especially for the luxury segment. But they too are experiencing an economic slowdown in China. Also previous to [----] Chinese buyers saw owning an asset in HK as a" [X Link](https://x.com/MacroJason/status/1831407328584679443) 2024-09-04T19:01Z [---] followers, [--] engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@MacroJason Jason - macro / offshore / investing
Jason - macro / offshore / investing posts on X about countries, romania, poland, china the most. They currently have [-----] followers and [----] posts still getting attention that total [-------] engagements in the last [--] hours.
Engagements: [-------] #
- [--] Week [-----] +40%
- [--] Month [------] -15%
- [--] Months [---------] -96%
- [--] Year [-----------] +682%
Mentions: [--] #
- [--] Month [--] -5.60%
- [--] Months [---] -5.30%
- [--] Year [---] -23%
Followers: [-----] #
- [--] Week [-----] +0.94%
- [--] Month [-----] +4.90%
- [--] Months [-----] +18%
- [--] Year [-----] +70%
CreatorRank: [---------] #
Social Influence
Social category influence finance countries cryptocurrencies currencies stocks travel destinations technology brands automotive brands exchanges social networks
Social topic influence countries #2786, romania, poland, china, russia, gdp, stocks, investment #3178, kazakhstan #582, currencies
Top accounts mentioned or mentioned by @denomeme @wanderinvestor @coinbaseduck @macrojason @mindblossom @fcfinvest @santiagoaufund @kunleydrukpa @defimadehere @imidaily @phtevenstrong @buysellba @globalpropguide @movetorussiacom @realtek12345 @adcha91 @uvshares @exeatholdings @onlyvixx @meridianscout
Top assets mentioned Bitcoin (BTC) Kaspi.kz Joint Stock Company (KSPI) Coinbase Global Inc. (COIN) USDC (USDC) Ethereum (ETH) PolkaBridge (PBR) Gains (GAINS) SPX6900 (SPX) Strategy (MSTR)
Top Social Posts
Top posts by engagements in the last [--] hours
"@PaulSkallas Hong Kong also has them. But the West cannot have nice things like this as cultural enrichers would simply take up first-class seats without paying"
X Link 2024-01-14T23:15Z [---] followers, [---] engagements
"@StealthQE4 Do you follow the dollar milkshake theory and if so do you generally agree with Brents thesis"
X Link 2024-01-15T06:49Z [---] followers, [---] engagements
"@StealthQE4 But sirrr the dollar is collapsing any moment now and will be replaced by a gold backed BRICS currency"
X Link 2024-01-15T07:25Z [---] followers, [--] engagements
"Thanks for your reply & your work 🫡 Would you say this is a reasonable forecast of Warsaw real estate prices 2024-2025: 10% increase per year triggered by loan subsidies (mieszkanie na start) and eventual interest rate cuts. Loan subsidies encourage developers to increase supply. 2026-2027: possible discontinuation / decrease of loan subsidies and increase in housing market stock (from development projects started in 2024). Real estate price increase stabilizes to a similar level as CPI. Meanwhile rent should generally track CPI but is unlikely to overperform (as loan subsidies reduce rental"
X Link 2024-01-16T17:41Z [---] followers, [--] engagements
"@Shqiptarija123 @RadioGenoa Damn and if you compare Poland to sub Saharan Africa"
X Link 2024-01-19T23:53Z [--] followers, [--] engagements
"@RadioGenoa The example above uses South Africa - one of the richest African countries. If we look at the African average - it's gone from 2.4x when colonialism ended - to 11x in [----]. Strange why is Africa getting poorer after the 'evil white men' left 🤔"
X Link 2024-01-20T12:08Z [---] followers, [---] engagements
"Hong Kong & Singapore were also colonized. Unlike South Africa there are no natural resources. The East Asian approach was to build on top of what the colonizers left maintain good diplomatic relations never beg for handouts - and eventually economically surpass the colonizer"
X Link 2024-01-21T01:38Z [---] followers, [--] engagements
"China's GDP went from $10 trillion to $27 trillion over the last [--] year - but Chinese stocks returned a mere 3.36% in total over [--] years 🤡 Chart below is from iShares MSCI China ETF $MCHI $KWEB $FXI $ASHR $CQQQ"
X Link 2024-01-22T12:15Z [---] followers, [----] engagements
"This is not unique to China. Poland was Europe's fastest-growing economy over the last decade - its GDP went from $539 billion to $880 billion. But investing in iShares MSCI Poland ETF $EPOL would have lost you -3.76%"
X Link 2024-01-22T12:15Z [---] followers, [---] engagements
"Let's also look at LatAm's largest economy - Brazil. Its GDP fell slightly from $2.5 trillion to $2.1 trillion over the last [--] years. iShares MSCI Brazil ETF returned 25.7% over this period. Better but still v disappointing. $EWZ"
X Link 2024-01-22T12:15Z [---] followers, [--] engagements
"This is how dominant world powers have always operated throughout history - poorer countries supply it with goods. The Roman Empire too had a massive trade imbalance at its peak. Im no fan of socialistic EU policies nor am I bearish on China. But we must avoid becoming financial social justice warriors and look at the reality"
X Link 2024-01-28T12:55Z [--] followers, [----] engagements
"Nice idea ser $DOGE inflation rate is also decreasing (ironically lower than many fiat currencies currently). How much DOGE do you own as % of your overall crypto portfolio and how do you view the risk / reward of depositing DOGE to @THORChain vault for 5% p.a"
X Link 2024-01-29T06:11Z [---] followers, [--] engagements
"@web3dozie @weremeow Did you get a nice allocation ser and are you dumping your bag pre TGE Current pre-market price of $0.73 puts $JUP 3.5x below $UNI m-cap ($4.4B). IMO for JUP to be priced at 33-50% of UNI m-cap seems fair value but the upside does seem limited. WHAT WILL BE $JUP PRICE AT LAUNCH Let's dive in my price prediction for the @JupiterExchange drop on Jan 31st. I think the MC at launch could be between 3B and 4B slightly under $UNI MC. Lately Jupiter DEX reached UNISWAP as the major DEX for Volumes. https://t.co/p8tPIyBH40 WHAT WILL BE $JUP PRICE AT LAUNCH Let's dive in my price"
X Link 2024-01-29T08:06Z [---] followers, [---] engagements
"@mikebolen @Cobratate Do it Lovely architecture and great deals in Budapest right now. Buying real estate there also gives you residency which is a nice Plan B. And simply holding Hungarian Treasury bills pays 10% p.a"
X Link 2024-02-01T15:50Z [---] followers, [--] engagements
"For Top G & Top Ts level - a nice option would be to buy up historical castles / buildings in need of restoration. Supports Hungary + improve aesthetics + rent / re-sell for a nice yield. For $200k you can get a nice renovated unit in downtown Budapest that yields 7%. Have done this personally feel free to DM if you have questions"
X Link 2024-02-01T16:11Z [---] followers, [--] engagements
"We should all be maximizing our carbon footprint and @RealAlexJones consumption - ideally simultaneously"
X Link 2024-02-01T17:13Z [---] followers, [--] engagements
"@NipseyHoussle 0% capital gains tax on global income and 0% dividend tax from Singaporean companies. Personal income tax (max 22%) and corporate income tax (max 17%) is also quite low relative to the highly developed country you get"
X Link 2024-02-02T08:48Z [---] followers, [---] engagements
"@NipseyHoussle @0xthorol @320k Progressive. Americans can use FEIE up to $170k SGD / $126K USD and pay 9%. Higher earners can set-up a Singaporean company and get 50-75% tax exemption for first [--] years"
X Link 2024-02-02T10:16Z [---] followers, [--] engagements
"@SantiagoAuFund Zooming out the trend seems to be: US stocks & USD outperforms Chinese stocks and RMB - but Chinese economic growth continues outperforming the US. China's GDP went from $10 trillion to $27 trillion over the last [--] year - but Chinese stocks returned a mere 3.36% in total over [--] years 🤡 Chart below is from iShares MSCI China ETF $MCHI $KWEB $FXI $ASHR $CQQQ https://t.co/eVZfvQe8Ua China's GDP went from $10 trillion to $27 trillion over the last [--] year - but Chinese stocks returned a mere 3.36% in total over [--] years 🤡 Chart below is from iShares MSCI China ETF $MCHI $KWEB"
X Link 2024-02-05T06:14Z [---] followers, [---] engagements
"@robin_j_brooks Neo-communist vibes from the ECB plus Frankfurt Main station and surrounding area feels and smells like an open air refugee camp"
X Link 2024-02-05T20:24Z [---] followers, [----] engagements
"A working theory I have is that countries where the median IQ is below [--] cannot thrive under democracy. Low IQ is correlated with high time preference / low impulse control - prioritizing immediate well-being as opposed to suffering a bit for a brighter future. Lower IQ countries continuously voting for failed politicians who promise immediate goodies - at the cost of future prosperity (aka socialism). LatAm IQ averages at 80-90. The two possible exceptions you mentioned - Uruguay and Argentina are relatively the highest IQ LatAm countries. Looking globally I could not find any [--] IQ"
X Link 2024-02-06T10:20Z [---] followers, [---] engagements
"@TateTheTalisman @BBCSteveR @TuckerCarlson @BBCSteveR The BBC does many interviews with Ukrainian officials. Why do you refuse to ask them about the murder of an American journalist in Ukraine"
X Link 2024-02-07T08:57Z [---] followers, [--] engagements
"Pakistan offers the world's cheapest CBI (citizenship by investment) program at $18000. A thread on who qualifies and why you might want to consider it 👇"
X Link 2024-02-09T14:39Z [---] followers, [---] engagements
"How to qualify: - Deposit $18000 (PKR [--] million) into the State Bank of Pakistan - You have to be a citizen of a Commonwealth country. The [--] countries includes: the UK Australia New Zealand Canada Singapore and South Africa. - It also includes various Caribbean CBI countries: Antigua and Barbuda Dominica Grenada Saint Kitts & Nevis and Saint Lucia. Full details on Pakistani government website:"
X Link 2024-02-09T14:39Z [---] followers, [---] engagements
"- Dual citizenship is explicitly allowed in Pakistan for citizens of [--] countries including the UK Australia New Zealand and Canada. And arguably implicitly allowed in other cases"
X Link 2024-02-09T14:39Z [---] followers, [---] engagements
"@upholdreality Zooming out Mexico is still poorer than it was about a decade ago though"
X Link 2024-02-11T00:05Z [---] followers, [---] engagements
"Depends on when they made the purchase. E.g. all of those citizens would have done better buying USD and not bitcoin if they had made the purchase in Nov [----]. One can be bullish #BTC whilst realizing the charts are more reflective of how weak those currencies are - rather than BTC's strength. #BTCTRY"
X Link 2024-02-11T18:58Z [---] followers, [---] engagements
"@RoonilWazlib02 @TheRealTahinis In many countries with capital controls its not too hard to acquire grey market dollars or simply USDT"
X Link 2024-02-11T21:58Z [---] followers, [--] engagements
"@AdrianoFeria Yes OPs point is more accurately described as extreme leveraging (through defi looping) rather than inflating the monetary base"
X Link 2024-02-18T14:42Z [---] followers, [---] engagements
"@sunny051488 @theRealKiyosaki Has any of Roberts price targets ever materialised 😅"
X Link 2024-02-18T22:38Z [---] followers, [----] engagements
"In the below example if ETH was first staked on Lido then deposited into Eigen would @DefiLlama exclude this from the Lido or Eigen TVL count A more complex scenario: if ETH was staked on Lido then deposited to Kelp which deposits into Eigen. Meanwhile with Kelps LRT you LP on Curve and / or Pendle. I thought that this ETH would end up on Llamas TVL count for all aforementioned protocols. Maybe Im wrong"
X Link 2024-02-22T03:08Z [---] followers, [--] engagements
"Eigen is a nice juicy ponzi indeed - but: 1) Eigen Layer EL points are inflating faster than Turkish Lira. Lost 50% of value vs one month ago (see image) 2) Eigen has been going for nearly a year now. This ponzi has already reached a stage where people are restaking restaked staked ETH (yes you read correctly): 3) @ether_fi has 3x the TVL of @KelpDAO. Yet their points will effectively give you 7% APR. Meanwhile you take on counter-party risks and the risk of a tier-based airdrop leading to deposits to such protocols getting less than if you deposited directly to Eigen. 4) @WhalesMarket APR is"
X Link 2024-02-23T17:41Z [---] followers, [---] engagements
"Yep the EU doesn't care about 'rule of law'. Funds were released to Poland purely because Tusk (a EU puppet) seized power. Within the first weeks of being elected the pro-EU Polish government has already: 1) imprisoned political opponents 2) raided the public TV station with armed police 3) raided the Presidential Palace to arrest opposition MPs"
X Link 2024-02-23T18:24Z [---] followers, [--] engagements
"@jamesguzman8 @nayibbukele Bukele and Milei are getting the most attention but Bolsonaro is quite underrated and probably a bigger threat to globalists than those two combined (sheer size of Brazil and greater reluctance to bowl to Zionism)"
X Link 2024-02-25T22:30Z [---] followers, [--] engagements
"This policy has already been in place for [--] years. Alongside more recent ideas such as a mortgage loan discount and a 20% p.a. government bond () for parents. It slightly reversed the downward trend but [---] is still below the replacement level. I'm an Orban appreciator but IMO it didn't really work out"
X Link 2024-02-25T23:32Z [---] followers, [----] engagements
"@0x4008 Is the main speculation that Eigen NFT holders will get some kind of an airdrop boost I assume if that turns out untrue at TGE these NFTs might become worthless. Although on discord mods say 'use cases will be announced soon'"
X Link 2024-02-26T03:24Z [---] followers, [--] engagements
"@BDStanley @daniel_freund Misplaced sense of importance of neo liberal Westerners who believes they know better than the elected representative of the Hungarian people how best to run Hungary"
X Link 2024-02-26T19:27Z [---] followers, [--] engagements
"@Mr_VRIL_MAXXED Sir do you think it'll be even easier to psyop boomers into buying the eventual ETH ETF They'll already have had a taste of BTC ETF pump. And ETH is more similar to tardfi stonks: burn = stock buyback and yield = dividend"
X Link 2024-02-26T21:01Z [---] followers, [---] engagements
"@Bruce_Markets @pythianism If FED didn't rescue USDC it would have had ripple effects to the entire Crypto & DeFi ecosystem (Maker Compound Aave etc) - affecting many non USD denominated crypto holders. Anyway I'm not here to shill for the FED :) Just striving for an accurate understanding"
X Link 2024-02-27T20:35Z [---] followers, [--] engagements
"@econoar By betting yes the upside is 2x whilst downside is 100% loss. The risk / reward doesnt make sense vs holding spot ETH $ETHE or even leveraged position. This might explain the low odds"
X Link 2024-02-28T18:50Z [---] followers, [---] engagements
"@camoufurage @TyrogueD We need to go full circle - tokenize these ETFs and list them on coinbase to psyop retail"
X Link 2024-02-28T19:00Z [---] followers, [--] engagements
"Aside from normies - there are also $100-200k per year 110-120 IQ midwits. Intelligent enough to understand market cap but will only buy when Bloomberg / FT tells them to at ATH. Midwits will probably got for BTC & ETH as they like being safe and reasonable. We may also be able to psyop them with ETH yield and ESG friendly narrative"
X Link 2024-02-28T19:04Z [---] followers, [--] engagements
"@Invst_Informant Thanks apart from MicroStrategy - do we know which exact institutions are buying for their own corporate balance sheet Rather than buying purely as intermediaries on behalf of their end client which may be hodlers or speculators (time will tell)"
X Link 2024-02-28T20:36Z [---] followers, [----] engagements
"Coinbase's app crashing isn't a top signal - Coinbase being ranked #1 on Apple US app store is. Last [--] times BTC topped app store rankings neatly marked the peak. Coinbase currently still ranks far out of the top [---]. https://x.com/brian_armstrong/status/1762933446194901140s=20 Apps are now recovering. We had modeled a 10x surge in traffic and load tested it. This exceeded that number. It's expensive to keep services over-provisioned but we'll need to keep working on auto-scaling solutions and killing any remaining bottlenecks. Thank you for"
X Link 2024-02-28T21:34Z [---] followers, [---] engagements
"@ChainLinkGod Why is $ETHE trading at a much smaller premium by comparison - guessing it's mainly that the market is pricing in an ETH ETF approval but sooner than a potential LINK ETF"
X Link 2024-02-29T17:59Z [---] followers, [--] engagements
"@DrReefer @ChainLinkGod On second read - my previous reason makes no sense - as $GLINK is trading at premium not discount"
X Link 2024-02-29T19:31Z [----] followers, [--] engagements
"@roshanpateI Maxis love to post pointless charts comparing BTC to trash fiats - you could do the same to show USDC mooning. against Turkish Lira"
X Link 2024-03-01T00:01Z [---] followers, [--] engagements
"@AlexOttaBTC What are some institutions that have only started buying in [----] and are buying for their own corporate balance sheet to HODL rather than on behalf of end clients as intermediaries like ETF providers"
X Link 2024-03-01T01:55Z [---] followers, [---] engagements
"@100trillionUSD What indications are there that BlackRock or Fidelity are buying BTC for their own corporate balance sheet to HODL Aren't they simply acting as intermediaries / ETF providers for their end clients (likely retail boomers)"
X Link 2024-03-04T01:12Z [---] followers, [----] engagements
"However there is 0% capital gains (belka) tax for re-selling flats in Romania as an individual. The new tax you mentioned applies only to individuals - not company. Romania investors who own 0.5M EUR of real estate often buy via a company. As corporate tax rates starts at 3% and they receive VAT refund on all primary market purchase. So this luxury taxs impact is limited and overall taxes remain low"
X Link 2024-03-04T09:15Z [---] followers, [---] engagements
"@digitalwatchm4n @fireflycarnival @Krypto_Cranium @TokenVC_ @TittyTrump_ @wormholecrypto @MadLads Good narrative for airdrop dumping liquidity worked with $DYM. But not hearing much of this yet with $W. Are you expecting a coinbase and binance listing"
X Link 2024-03-07T07:18Z [---] followers, [--] engagements
"@Timccopeland If one earns under 100K per tax in the UK they are barely scraping by and should not be allowed to ape anything less than 90% of their net worth into crypto"
X Link 2024-03-27T17:39Z [---] followers, [---] engagements
"@bearmace @phtevenstrong If you were Eigen - wouldn't you want to keep re-stakers onboard until more AVS goes live + juicy yield kicks in (which would help keep re-stakers even after TGE) Can't see the point for Eigen of an April TGE 🤔"
X Link 2024-04-09T20:55Z [---] followers, [--] engagements
"@phtevenstrong If no $Eigen airdrop = whales market buyers get a refund but $KEP buyers left bag holding to zero. Were talking 0.1% chance but this likely explains the price difference / risk premium"
X Link 2024-04-12T16:50Z [---] followers, [---] engagements
"Yes Fluid used contract price but can still get liquidated in the event of an exploit (e.g. aBNBc Ankr) or slashing. Did you consider looping LRT against ETH on lending protocols too Generally lower borrowing costs than Fluid whilst also farming other points (e.g. zerolend or Mode)"
X Link 2024-04-14T13:45Z [---] followers, [---] engagements
"If you're a Westerner researching international real estate - you've probably been shilled Spain Portgual UAE Turkey Thailand etc (all of which under-performed Poland). So why do you rarely hear about Central & Eastern Europe (CEE) real estate IMO it's quite simple - salaries roughly doubled in CEE over the last decade. Strong local demand for real estate means local developers can easily sell their properties to locals. Generally it is in places that aren't doing too well economically (Spain Portugal Turkey) and / or are overbuilt (UAE Thailand) - where local demand cannot absorb the supply."
X Link 2024-04-15T23:59Z [---] followers, [--] engagements
"Key benefits of investing in CEE real estate (e.g. Poland Romania Hungary): - 10-20% p.a. total return (rent + appreciation) - Real GDP and salary growth - Little to no restrictions on foreigners buying and owning land - Rental income taxed at 8-15% - 0% capital gains tax when you re-sell after 3-5 years - Annual property tax at 0.01-0.1% - Generally landlord friendly (no ridiculous pro-squatting laws like in Spain) My services: Pictured: before and after of one of my city centre units in Poland. Purchased at $120K in Apr [----] valued at $240k as of Apr [----] (bought 5-10% below market"
X Link 2024-04-16T00:12Z [---] followers, [--] engagements
"@phtevenstrong @modenetwork Have you been on Mode's discord recently Many think Mode will pull a Manta and change the rules. Mode have gone from saying TGE will be end April to 'season [--] ends in April'. Mode TVL is still below $200M which explains why they might get desperate"
X Link 2024-04-17T17:16Z [---] followers, [----] engagements
"@Henkell_trocken @phtevenstrong @modenetwork Higher than Manta's current TVL but lower than Manta's TGE TVL ($400M). Also a large part of Mode's current TVL is from LRTs - and once LRT & Eigen TGEs people might start unstaking. Agreed about current market conditions and good point about native token TVL"
X Link 2024-04-17T18:36Z [---] followers, [---] engagements
"@CXCarroll This is how illegal wealth gets smuggled out. There are plenty of more legal ways to do it (e.g. Macao casino HK real estate offshore entities). Billions of Chinese offshore capital in the West werent smuggled out as gold water pumps ;)"
X Link 2024-04-20T19:16Z [---] followers, [---] engagements
"@Ian_Unsworth Even $RSWETH briefly wicked to [----]. Are you personally looping LRTs on any lending protocols and would you get out after this"
X Link 2024-04-24T03:27Z [---] followers, [--] engagements
"@dcfgod @Juice_Finance @ThrusterFi Does @KelpDAO and @swellnetworkio have something similar in place Wondering how well they can survive a de-peg. They both don't have withdraws and Swell de-pegged -6% from Renzo incident"
X Link 2024-04-24T05:58Z [---] followers, [---] engagements
"@aibra @ether_fi @swellnetworkio Agree that Swell and EtherFi teams seem most legit. Im all for Swells L2 narrative pumping TGE valuation but dont see actual utility of it. LRTs are already mintable and usable on a range of other battle tested L2s"
X Link 2024-04-24T06:21Z [---] followers, [---] engagements
"Reasons I think Romania might have an issue soon: 1) As Romanian salaries increase theres not enough Romanians to do low skilled work (factory construction deliveries). 2) Poland had the same problem. First the problem was solved with a 1-2 million Ukrainian workforce. But that was not enough. See charts for what happened next. 3) Romania has already issued 100K work visas per year since [----]. Much like the West a few decades ago when numbers were relatively low people didn't care - until it is too late. Just my observations as an outsider. You're a local so you know better :)"
X Link 2024-04-24T17:24Z [---] followers, [--] engagements
"Many decent low tax options in Europe that gets overlooked: - Romania: 3% revenue tax up to 500K / year 8% on dividends 10% on CGT / Crypto. Special treaty rights making it very easy for Americans & Canadians to get residency. - Poland: revenue tax from 3% (e.g. for e-commerce) up to 2M / year. 0% corporate tax on re-invested profit. - Bulgaria 10% on CIT / CGT / Crypto and 5% on dividends - Then there are lump sum tax programs for HNWI like Italy - All above are EU which means much easier access to payment processors and credit lines vs LatAm / SEA/ UAE. IMO superior talent pool too. -"
X Link 2024-04-29T01:16Z [---] followers, [--] engagements
"@MaxEtherETH @DeFi_Made_Here Seems like Fluid and lending protocol looping should fall under the 90% whilst Pendle would fall under the 10%"
X Link 2024-04-29T18:20Z [---] followers, [---] engagements
"Cyber bullying worked on Renzo and EtherFi. Though getting Eigen to capitulate would be a harder task. A positive of the delayed TGE might be that LRT governance tokens will benefit from greater liquidity since it's the main way to speculate on $EIGEN especially with them prohibiting derivatives"
X Link 2024-04-29T18:36Z [---] followers, [---] engagements
"@TyrogueD HK BTC ETFs opened at peon volumes though. Figures below are HKD so when converted to USD basically lower volume than Solana memes"
X Link 2024-04-30T05:19Z [---] followers, [--] engagements
"@Bing0to @ASvanevik Study DCF and pre-markets"
X Link 2024-05-01T23:55Z [---] followers, [---] engagements
"@0xngmi AAVE has been captured https://www.weforum.org/organizations/aave/ https://www.weforum.org/organizations/aave/"
X Link 2024-05-02T00:00Z [---] followers, [--] engagements
"@nozurac @leonvarkalis Sure I understand there's a difference between the regime and patriots. I'm an outside observer so may be wrong; but it seems that a large % of your population unfortunately sided and still sides with the regime"
X Link 2024-05-05T05:50Z [---] followers, [---] engagements
"I think we can agree with that idea on an individual level whilst engaging with the reality that most dont aspire to be winners. Yet people inherently need something bigger than themselves to believe in. When patriotism and religion is removed (like in the West) - the vacuum is filled with something far worse: the cult of wokeness gender ideology etc"
X Link 2024-05-05T08:50Z [---] followers, [---] engagements
"@AlexTurlais @focusedalive @kunley_drukpa A thriving ethnostate in the forefront of nuclear technology - with full employment no taxes and a booming property market"
X Link 2024-05-05T09:02Z [---] followers, [--] engagements
"@imidaily @MyLatinLife Thanks good to know 🫡 So effectively there are two routes Real estate investment or professional. Also heard there's a proposal to lower the investment amount for RE option"
X Link 2024-05-06T09:43Z [---] followers, [--] engagements
"@imidaily Bulgaria is underrated - easily one of the most tax friendly places in Europe with its 10% flat tax and 5% dividend tax"
X Link 2024-05-06T19:29Z [---] followers, [--] engagements
"Zooming out - the vast majority of countries in the world are even less entrepreneur friendly than Europe. Excluding Singapore HK & UAE - 99% of Asia have equally high taxes and regulatory burden. Same as other Continents. The US has it's advantages but it's unique issues - the most litigious country on earth with the most aggressive tax authorities and possibly the most expensive & entitled workforce. Europe has issues but objectively not that bad. Europe's issues won't be fixed anytime soon - as the EU is beyond reform and the only way is to dismantle it. Yet there isn't the political will"
X Link 2024-05-06T23:08Z [---] followers, [---] engagements
"Btw in recent weeks Fluid have deposited our weETH to @ZircuitL2l - thus adding an extra layer of risk for arguably quite negligible upside (Modes TGE today shows markets L2 fatigue). Zircuit effectively has no functional product and a semi anon team. Curious if youve thought about the risk / reward of Fluid with this update"
X Link 2024-05-07T22:59Z [---] followers, [--] engagements
"@phtevenstrong @ether_fi Would you know how it compares with @0xfluid's weETH / wstETH strategy Borrow rate is lower with Gearbox and you mentioned 'fundamental oracles' prevents de-peg liquidation. But @DeFi_Made_Here pointed out @GearboxProtocol's ezETH liquidation incident. https://x.com/DeFi_Made_Here/status/1783127988995084632 1/🧵 50% of Gearbox ezETH TVL wiped out + debt [---] liquidations on Morpho Millions were lost during 78% ezEth depeg Yesterday was just a rehearsal before a major depeg event once EL points are over At @0xfluid we protect lenders and borrowers and had [--] liquidations"
X Link 2024-05-11T12:39Z [---] followers, [---] engagements
"About real estate: 1) It appears the data is US only thus disregard many EMs where price performance was stronger 2) Whilst the data is US only - it fails to account for leveraged return. Majority of Americans have a mortgage - therefore their leveraged return likely kept up with or beat tech 3) Also fails to factor in rental yield earned during period"
X Link 2024-05-14T08:48Z [---] followers, [--] engagements
"@notesfrompoland Based"
X Link 2024-05-15T19:35Z [---] followers, [---] engagements
"@AirwaysAsda @nykyt0sha Reducing religion increases spiritual and moral poverty. are prime examples of countries that are spiritually morally and demographically bankrupt"
X Link 2024-05-19T23:35Z [---] followers, [---] engagements
"@AirwaysAsda @nykyt0sha Tax rates dependency on social benefits and government spending to GDP in Anglo countries are significantly higher than the East. That isn't capitalism - rather an unholy mix of corporatism cronyism and socialism. But to each his own 🤝"
X Link 2024-05-20T23:04Z [---] followers, [--] engagements
"@johnpaul_newman Because Hungary understands this isnt about genocide (of which the Atlantic West have committed at orders of magnitude more than anyone else). It is about opposing the geo-political hegemony and narratives of the Atlantic powers"
X Link 2024-05-23T22:14Z [---] followers, [--] engagements
"@Babygravy9 This would be an unfair comparison though since North Korea has: - 0% income tax - clean crime free streets - a high trust ethnostate not at risk of demographic replacement - and apparently even a thriving property market https://www.upi.com/Top_News/World-News/2021/02/17/North-Korean-home-prices-in-Pyongyang-reflect-high-demand-report-says/8801613586670/ https://www.upi.com/Top_News/World-News/2021/02/17/North-Korean-home-prices-in-Pyongyang-reflect-high-demand-report-says/8801613586670/"
X Link 2024-05-25T16:22Z [---] followers, [---] engagements
"With 'EL S2 Point @ $0.05' - did you assume Eigen Season [--] drop at 5% of supply Now that $KEP has suspended trading and even WhalesMarket has cancelled their Eigen Points market it's become harder to valuate Eigen points. AFAIK it's unclear if Eigen Season [--] will consist of 5% of token supply or 10% (since a total of 15% is allocated to airdrops and Season [--] was only 5%)"
X Link 2024-05-27T00:15Z [---] followers, [---] engagements
"Romania and Hungary produces students with significantly higher mathematical and engineering abilities than Western EU. Mathematical Olympiad leaderboard below (medalists likely have [---] IQ). A high % in tertiary education who study useless degrees is counter productive to society - tax payers' money wasted to produce midwits"
X Link 2024-05-27T22:19Z [---] followers, [----] engagements
"Good option for middle class Russians. IMO bad idea for wealthier Russian as they'll end up liable for Argentina's global wealth tax. At $5M net worth 2.25% wealth tax x [--] years = $200K cost to get the Argentine passport. Might as well as just do Caribbean CBI for a similar price and get the passport in [--] months. Argentina also isn't a neutral country and Milei is heavily pro-Ukraine"
X Link 2024-05-29T00:43Z [---] followers, [----] engagements
"Current sentiment seems to be $1B for #Karak which is the same valuation as what they raised at last year. Quite surprised about the lack of Karak shilling by CT esp since they have referrals. Yet their TVL has been steadily growing. Not sure what this means 🤔 https://x.com/kwaker_oats_/status/1795118082609889634 https://x.com/ThorHartvigsen/status/1795550276234952962 https://x.com/kwaker_oats_/status/1795118082609889634 https://x.com/ThorHartvigsen/status/1795550276234952962"
X Link 2024-05-31T03:43Z [---] followers, [---] engagements
"@PendleIntern @Karak_Network @pendle_fi BTW how did you reach 'current global XP' Thought Karak kept this hidden"
X Link 2024-05-31T03:45Z [---] followers, [---] engagements
"@PendleIntern @Karak_Network @pendle_fi At $1B FDV implied #Karak XP point value is $0.0003 ($559/1948999). About [----] XP point / ETH / day (0.00033000365)/3700*100 = 9% APR un-boosted and 18% APR with boost. Points based is sooo over"
X Link 2024-05-31T05:01Z [---] followers, [--] engagements
"@Route2FI IMO if / when crypto m-cap trades closer to large cap tech stocks then its a different game to what it is now - and thus more suited to market participants with different skills"
X Link 2024-06-07T13:59Z [---] followers, [---] engagements
"I've been in #Karak for a few months but keeping an open mind about risks. 1) Audit report points out 'owner must be fully trusted' (@RayRaspberry1 raised this point) 2) By depositing to Karak we must trust the people behind the 4/7 multisig. Who are those [--] individuals and are at least [--] of them doxxed 3) Is it technically possible for the multisig holders (subject to a [--] hour timelock) to upgrade contracts in a way that drain funds / pauses K2 bridge withdrawals 4) Aside from risks the ROI on restaking on Karak is effectively 9-18% APR which is quite low for the aforementioned risks."
X Link 2024-06-07T18:32Z [---] followers, [--] engagements
"@tervelix Looks like we're already at 1B points from $RABBY announcement today. Agree with your $1B FDV assumption. Did some quick calculations with an assumption that we will reach 2B #RABBY points by TGE. What do you think"
X Link 2024-06-07T19:30Z [----] followers, [---] engagements
"@MagusDevon Hey why do you think Rabby / Debank won't tokenize So many e-beggars putting in time to do tasks for their points that Rabby will face massive cyber bullying if they do a bait and switch. Worse than if they just didn't do a points campaign to give false hopium"
X Link 2024-06-08T09:18Z [---] followers, [--] engagements
"@denomeme Whats unclear is whether the Saudis are willing to price oil in other currencies - or merely settle which is quite different. Nearly every time with de-dollarisation headlines its in fact just settlements. But one could argue its the initial step"
X Link 2024-06-13T13:09Z [---] followers, [--] engagements
"Last week's US sanctions ended dollar and euro trading on Russias main exchange #MOEX. 'Russia experts' promptly predicted Ruble's collapse - it just happened that the Ruble 'collapsed' in the opposite direction - by strengthening +3% 😆 #USDRUB #SMO $GAZP $SBER If you want to counter-trade the midwit mainstream 'Russia collapse' narrative - here's a potential 100% ROI trade to bet on Russia👇 (Screenshot featuring 'experts' @ArturRehi @RealJakeBroe @ItsTheEnforcer)"
X Link 2024-06-18T19:56Z [----] followers, [----] engagements
"10 year Russian bond yields are trading close to multi decades high at 15% - effectively twice that of Russia's CPI which is at 7%. #OFZ At the start of the Donbas War Russian bond yields briefly touched 14% before rapidly declining"
X Link 2024-06-18T19:56Z [---] followers, [--] engagements
"@DeFi_Made_Here @ether_fi Interesting does rough maths show that 15% borrow cost (with boosts you mentioned) still beat 2-3% borrow cost on AAVE The whale who borrowed [---] ETH on Fluid fully closed their position and moved to AAVE. https://debank.com/profile/0x4127143a866bf5d8ad2afb6de8e63164b8ad5bf6 https://debank.com/profile/0x4127143a866bf5d8ad2afb6de8e63164b8ad5bf6"
X Link 2024-06-20T23:45Z [---] followers, [--] engagements
"Was curious about housing affordability in Paraguay on a local's salary. Do you know if these stats for Asuncion are fairly accurate In many EMs housing affordability is even worse than in the West. Probably due to artificially low interest rates esp in LatAm and SEA.E.g. Paraguay's GDP per capita is 3x lower than Poland's but its interest rate is nearly the same"
X Link 2024-06-21T14:06Z [---] followers, [--] engagements
"Another way to look at it: - This is not great. But if this happened in another century Assange would have been long dead. - Assange survived due to a combination of: social media coverage multipolar world order (e.g. hiding out in an Embassy and appearing in court in a quasi autonomous island of his choosing) crypto enabling private jet crowdfunding - Wikileaks did some questionable things e.g. doxxing personal name and addresses of a 'far right' political party they didn't like #AssangeFree #AssangeJet https://www.theguardian.com/politics/2009/oct/20/bnp-membership-list-wikileaks"
X Link 2024-06-27T20:31Z [---] followers, [--] engagements
"@eigenlayer Can the devs pls fix this"
X Link 2024-07-02T19:38Z [---] followers, [----] engagements
"Central & Eastern European regions with [--] mosques have average robbery rates that are 1000% lower than the West. The crime rate is also low in several Islamic Balkans countries and Russia (where 10% of the population are Muslims vs 6% in the UK). You simply can't mix neo liberalism with Islam"
X Link 2024-07-07T12:17Z [---] followers, [--] engagements
"There are so many things going wrong in the EU making it super easy to be bearish everything EU. But perhaps a bullish case can be made for EUR vs other fiats: 1) EU has a surprisingly healthy balance of trade vs G7. 2) It's not unrealistic that #AfD and #LePen can form governments sometime in the next 5-10 years. Whoever controls Germany and France controls the EU. 3) They may reset relations with Russia to get cheap energy flowing again normalize relations with China end the ESG agenda and end mass migration. 4) The new right is also quite crypto friendly e.g. AfD 5) By comparison such"
X Link 2024-07-07T14:30Z [---] followers, [---] engagements
"Some Russians who moved themselves and their assets out at the outbreak of the war are now repatriating - as the Russian economy & #RUB is nowhere near as bad as some expected. Real estate prices in Russian hotspots have stabilized (e.g. Tbilisi Belgrade Istanbul). Would be interesting to see what happens to Dubai property prices; since Russian investors have apparently bought up $6.3B worth of Dubai real estate since [----]. https://www.icij.org/news/2024/05/russians-bought-up-6-3-billion-in-dubai-property-after-2022-ukraine-invasion-report-finds/ A listing for a flat in Spain interesting"
X Link 2024-07-08T18:45Z [---] followers, [---] engagements
"Remarkable correlation between the two maps. In Western Europe - you pay a few hundred % higher taxes than in Eastern Europe to live in a country where your chances of getting robbed is up to thousands of % higher. 🤡 Taking Romania as an example: - Crime rate 800% lower than Belgium (on par with Japan and Singapore) - 10% capital gains tax on crypto (can get down to 0% in Georgia or 7% in Slovakia ) - 1-3% capital gains tax on stocks (crypto ETFs qualify). - 1% corporate revenue tax up to 500K. 8% flat dividend tax and 10% flat income tax. - Special visa regime making it v easy for Americans"
X Link 2024-07-09T15:51Z [---] followers, [--] engagements
"Some pics I took in downtown Bucharest - no rainbow flags in sight"
X Link 2024-07-09T15:51Z [---] followers, [--] engagements
"Remarkable correlation between the two maps. In Western Europe - you pay a few hundred % higher taxes than in Eastern Europe. In return - your chance of getting robbed is up to thousands of % higher. 🤡 Taking Romania as an example: - Crime rate 800% lower than Belgium (on par with Japan and Singapore) - 10% capital gains tax on crypto (can get down to 0% in Georgia or 7% in Slovakia ) - 1-3% capital gains tax on stocks (crypto ETFs qualify). - 1% corporate revenue tax up to 500K. 8% flat dividend tax and 10% flat income tax. - Special visa regime making it v easy for Americans and Canadians"
X Link 2024-07-09T15:57Z [---] followers, [---] engagements
"Some pics I took in downtown Bucharest - no rainbow flags in sight"
X Link 2024-07-09T15:57Z [---] followers, [--] engagements
"@wander_investor Puts into perspective how slow SEA's growth has been especially considering Serbia had to recover from getting carpet-bombed"
X Link 2024-07-12T18:55Z [---] followers, [----] engagements
"@stutireal The only European countries that future #ETHCC should be hosted in are those east of Germany. @danielgothits @evanincrypto Correct. Belgium being one of the most diverse countries has THE highest robbery rate in Europe. Some in comments say its about poverty and not race. But the map clearly shows an East / West divide - the more diverse the more robberies. E.g. Serbia is a few times poorer https://t.co/9hDCnlqL1e @danielgothits @evanincrypto Correct. Belgium being one of the most diverse countries has THE highest robbery rate in Europe. Some in comments say its about poverty and"
X Link 2024-07-12T21:25Z [---] followers, [---] engagements
"As the US becomes majority non-European an increasing amount of Americans (like Naval) no longer feel a kinship with Europeans. US foreign policy will inevitably reflect this new demographic reality. Europe may become increasingly independent from the US and free to pursue its own sovereign geopolitical strategy independent of Washington"
X Link 2024-07-13T08:17Z [---] followers, [--] engagements
"Hungary (Fidesz) and Poland (PiS) have significantly lower taxes than Reform UK's policies: - 9% corporate income tax (uncapped) in Hungary and 0-9% up to 2M in Poland - 15% flat capital gains tax in Hungary and 19% flat in Poland - An individual who earns 1M / year can quite easily structure their income tax to under 20% in both countries - No council tax and 0% inheritance tax (uncapped)"
X Link 2024-07-13T08:43Z [---] followers, [--] engagements
"Not just CNN - they're all the same: 'Injured in incident' 'Falls at rally' 'Popping sounds' I believe the German word for this is lugenpresse"
X Link 2024-07-13T23:20Z [---] followers, [---] engagements
"IMO seizure risk is much lower than with Russian assets: 1) The Chinese economy is more dependent on trade with the West. China also owns significantly more US & EU Treasuries than Russia 2) Most blue-chip Chinese stocks are listed on the Hong Kong stock exchange. So Hong Kong would have to implement this asset freeze. This would destroy China's most important capital market and may collapse the HKD (which is pegged to the USD). There are cheaper options for China to retaliate than this. The bigger risk I see with Chinese stocks is that the numbers don't go up 😅"
X Link 2024-07-15T12:12Z [---] followers, [---] engagements
"Yeah IMO it's precisely because crypto isn't tied too much to fundamentals right now that asymmetrical gains are still possible. Once tardfi enters its sooo over. In a PvP industry / casino where dog coins trade at few billion m-cap to take fundamentals too seriously is a recipe for failure"
X Link 2024-07-17T22:50Z [---] followers, [--] engagements
"Those [--] million #Revolut cardholder's bank accounts are all secured under the Central Bank of Lithuania's deposit insurance scheme In the event of Revolut's insolvency - it seems unlikely that a Central Bank of a country with under [--] million people can compensate [--] million bank account holders. Is the ECB legally obligated to help in that case https://www.revolut.com/en-LT/legal/deposit-insurance-information/ https://www.revolut.com/en-LT/legal/deposit-insurance-information/"
X Link 2024-07-20T12:23Z [---] followers, [--] engagements
"If #Poland & #CEE economic success is mainly down to the EU - then why is it that their GDP growth is virtually the same before vs after EU accession Economic growth might have been even stronger without the drawbacks of EU membership: brain drain in the millions + forced adoption of disastrous fiscal and environmental policies + inability to conclude own free trade deals"
X Link 2024-07-21T17:47Z [---] followers, [---] engagements
"Using Andrew Tate as an example: the UAE authorities were quite willing to cooperate with the Romanian (EU) authorities on seizing his Dubai-based Bugatti. The UAE is much more aligned to the West than some think; its currency is pegged to the USD and it hosts US troops on UAE soil. OTOH Tate also claimed to have properties in Russia - and those appeared to be fully out of reach of the EU. https://www.gulf-insider.com/cops-to-impound-andrew-tates-4-8m-bugatti-stored-in-dubai/ https://www.gulf-insider.com/cops-to-impound-andrew-tates-4-8m-bugatti-stored-in-dubai/"
X Link 2024-07-23T21:12Z [---] followers, [---] engagements
"Examples of what one could do: - 🧈 Own precious metals or alternative assets (e.g. artwork) stored in a local bank vault - 🏠Own local real estate - 📈 Own local stocks stored in a local brokerage account Countries hardest for your Western government to seize assets from is likely Russia Belarus and China. Tier [--] options (easier to seize but less local risks): HK Malaysia Vietnam and Brazil. The idea isn't to have all your assets there - but a portion for Plan B purposes"
X Link 2024-07-23T21:12Z [---] followers, [--] engagements
"@WELT_MNGR Sadly the Swiss have given up on neutrality. IMO neither moving to Switzerland nor having assets there offer any meaningful additional projection. https://www.focus.de/experts/vermoegensregister-geplant-eu-will-umfassende-datenbank-zum-vermoegen-aller-buerger-aufbauen-was-dahinter-steckt_id_260158959.html#::text=Das%20EU%2DVerm%C3%B6gensregister%20wird%20voraussichtlichTerrorismusfinanzierung%20besser%20bek%C3%A4mpfen%20zu%20k%C3%B6nnen https://www.bloomberg.com/news/articles/2024-04-23/switzerland-says-it-s-blocked-14-2-billion-of-russian-assets"
X Link 2024-07-23T21:35Z [---] followers, [--] engagements
"@krugermacro Interesting that $COIN is holding up better than ETH (-4.3%). Thought some TradFi investors would rotate or re-allocate from $COIN to $ETH post ETF approval"
X Link 2024-07-25T02:45Z [---] followers, [---] engagements
"Sanctions have de-coupled Russia from the global market. #Ruble is one of the few greens in a sea of red today (partly due to their Central Bank's +$10B weekly increase in international reserves and the expected rate hike). Russia offers uncorrelated exposure vs global markets. From 17% p.a. government bonds to large caps like $SBER delivering +20% (1 year) whilst paying 10% dividend. My thread on a potential 100% ROI trade with Russian #OFZ bonds: HNWI from neutral or friendly countries can remotely open a Russian brokerage account. #MICEX #RUBUSD #EURRUB #Oil $GAZP"
X Link 2024-07-25T21:45Z [---] followers, [---] engagements
"@thesiriusreport @_mm85 Hungarys GDP is 196B - a 1B loan doesnt seem significant. Hungarys debt is also below EU average"
X Link 2024-07-26T10:10Z [---] followers, [---] engagements
"@denomeme Do we have any insight on when a ETH ETF with staking yield may launch IMO that would be pivotal - as TradFi and boomers love yield. They can also think of ETH staking rewards as dividends and burn as buy backs. And there are no big tech stocks delivering 4% div like ETH"
X Link 2024-07-31T14:49Z [---] followers, [--] engagements
"Benefits of purchasing #ETHETF via Hong Kong: 1) Geographical & custodian diversification - US ETH ETFs use Coinbase as the custodian. HK ETH ETFs currently uses BOCI-Prudential as the custodian (HK domiciled). 2) May offer staking yield before the US. HK has 0% capital gains and dividends tax - thus staking yield will be untaxed on HK side. Why you should consider having a portion of your ETH under ETF vs self-custody (even if you're a crypto native): 1) Easier on inheritance matters - as your heirs may not be as technically capable as you. Inheriting your brokerage account requires little"
X Link 2024-07-31T23:02Z [---] followers, [---] engagements
"@TravisHoium Do you think $COIN will get close to [----] rev and net income by end [----] Wondering whether these new revenue streams will make up for much lower trading volumes vs 2021"
X Link 2024-08-03T18:10Z [---] followers, [---] engagements
"One of Brussels' most successful psyop is convincing us that Eastern Europe's economic growth is down to EU membership. This is false. Let's look at #Bulgaria as an example👇 1) Bulgaria's average GDP growth remained the same before vs after joining 2) After joining the #EU Bulgaria suffered brain drain and emigration leading to the worst demographic collapse in Europe 3) The EU also pressured Bulgaria into pegging it's currency to the Euro. Bulgaria lost the ability to set its own monetary policy which is crucial for an emerging market. E.g. Bulgaria is 1/3 poorer than Poland yet the"
X Link 2024-08-04T13:17Z [---] followers, [---] engagements
"The above points are valid for all #CEE countries that joined the EU. But IMO Bulgaria is in the worst position due to giving up its own currency (Point 3). I'm still bullish on the #CEE and the #Balkans. But we should understand that CEE's impressive growth is not because of - but rather in spite of joining the EU. https://x.com/MacroJason/status/1815081292922531886 https://x.com/MacroJason/status/1815081292922531886"
X Link 2024-08-04T13:17Z [---] followers, [--] engagements
"@cryptovlat @LynAldenContact You're right when viewed as % of AUM or $BRK market cap - Berkshire's cash pile is not that far off the long-term average"
X Link 2024-08-04T17:09Z [---] followers, [----] engagements
"@phtevenstrong Sorry to hear. Have a $weETH / $wstETH loop opened on Fluid which was safe. Looks the 'contract price rather than oracle' worked out"
X Link 2024-08-05T21:34Z [---] followers, [---] engagements
"@DeFi_Made_Here Indeed glad I am using Fluid 🫡 Do you know if anyone had their wstETH / weETH positions liquidated Wondering how it can happen in practice"
X Link 2024-08-05T21:41Z [---] followers, [--] engagements
"How is 'trade-weighted terms' defined EU vs US trade balance has widened in the EU's favor. Real interest rate differential between the FED and ECB is also narrowing. And Trump wants a weaker dollar for exports. Seems realistic for EUR/USD to not trade below $1.09 in the coming few years short of some black swan events"
X Link 2024-08-05T23:11Z [---] followers, [---] engagements
"@MikeSilagadze Doubtful as DeFi is priced on narratives not P/E. $DPI is down only"
X Link 2024-08-06T15:21Z [---] followers, [--] engagements
"JPY #carrytrade has been going on for decades as there's a consistently large spread between US and Japanese bond yields (blue line). Also see $USDJPY (red line) - only those who shortened $JPY above $145 are rekt most had a chance to enter at lower prices. Guessing many JPY shorts are collateralized on US Treasuries which are increasing in value with yield decreasing which helps with their collateral health (many are collateralizing their JPY loans on UST)"
X Link 2024-08-07T00:05Z [---] followers, [---] engagements
"Prediction: European concerts and conferences will gradually shift from being hosted in Western EU capital cities to leading #CEE cities. Makes more sense to host in Budapest Warsaw & Prague. Lower costs and safer. Bullish CEE short-term rentals and local real estate. NEW: Taylor Swift's concert in Vienna got canceled because of a terrorist threat from a 19-year-old Albanian. Why do they always have to act like that https://t.co/3cVQszlGa9 NEW: Taylor Swift's concert in Vienna got canceled because of a terrorist threat from a 19-year-old Albanian. Why do they always have to act like that"
X Link 2024-08-08T11:22Z [---] followers, [---] engagements
"In based Bulgaria their elections are essentially the far right vs centre right. 10% flat tax on income and capital gains. Fairly easy for non-EU citizens to get residency via incorporation or real estate purchase (the EU's cheapest real estate market). Bulgarian parliament just passed a ban of "homosexual propaganda" in schools. The legislative amendment was put forward by the pro-Kremlin Vazrazhdane (Revival) party but the pro-Western GERB (@EPP ) and MRF ( @RenewEurope ) voted in favour too securing a majority. Bulgarian parliament just passed a ban of "homosexual propaganda" in schools."
X Link 2024-08-08T11:33Z [---] followers, [---] engagements
"I've been investing in Poland since [----]. Bought 10+ flats in #Warsaw - exited most and held on to some. Made some smaller investments in Polish equities and fixed income too. FinTwit has started to pick up on Poland's potential. The Ukraine war has allowed Poland to position itself as a regional leader in front of a global audience. Coupled with Poland's sustained economic growth vs Western EU downturn. My thoughts on whether it's too late to invest in #Poland 👇 I am in Warsaw tonight can confirm. It is like Western Europe used to be before things went wrong. Poland is really safe and"
X Link 2024-08-08T20:54Z [---] followers, [---] engagements
"Polish real estate: - Chart [--] (quarterly price growth trends): nominal real estate prices in Poland outperformed the EU average over the last decade by an impressive margin. - Chart 2: when indexed against average salaries of Poles - it has stayed flat indicating average salary growth has kept up. However average is not to be confused with median. The increase of high earners in Poland has skewed this figure. As a result there is increasing political appetite to tax 'speculators'. - Gross rental yields have also decreased from 7% a decade ago to about 5% now. - Conclusion: you're not early"
X Link 2024-08-08T20:54Z [---] followers, [--] engagements
"@Dennis_Porter_ How do we know its for GS own corporate balance sheet and not just on behalf of their clients"
X Link 2024-08-14T02:21Z [---] followers, [---] engagements
"@yaminfouzi @phmay_sg @imidaily @wander_investor Would be cool to see post [----] figures to see whether Switzerland giving up their neutrality accelerated this trend"
X Link 2024-08-15T05:21Z [---] followers, [---] engagements
"@federicawoelk 50% of Germans want war with Russia Only 10% want to liberate itself from the EU Theres a real problem"
X Link 2024-08-15T20:22Z [---] followers, [---] engagements
"Apart from Switzerland Singapore also quasi gave up its neutrality on Ukraine. Probably out of a calculated move to keep on the good side of the West as a hedge against proximity to China. Out of the list of countries Russia defines as 'friendly or neutral' the only financial hubs are Hong Kong & UAE. @yaminfouzi @phmay_sg @imidaily @wander_investor Would be cool to see post [----] figures to see whether Switzerland giving up their neutrality accelerated this trend https://t.co/yGgFAvLakH @yaminfouzi @phmay_sg @imidaily @wander_investor Would be cool to see post [----] figures to see whether"
X Link 2024-08-15T22:23Z [---] followers, [---] engagements
"Summer [----] felt like decades ago - Putin chilling with Austria's foreign minister - Trump / Kim peace conference - $6000 BTC 0% interest rates - Before the e-scooter and vaping epidemic"
X Link 2024-08-15T23:35Z [---] followers, [---] engagements
"America spends money on foreign wars to retain dollar hegemony. It may be immoral - but arguably it made financial sense for the US so far. In the last [--] years: 1) $8 trillion spent on foreign wars - a large part is recycled into the American economy through military & defense industry jobs. 2) During this period USD not only kept its role as the reserve currency - but strengthened it. USD is up 20%. Dollar-denominated debt grew massively too. The world has never been so dependent on the dollar. #USDEUR #USDRMB #USDJPY #DXY #EuroDollar 3) A strong dollar allowed the US to run a $15 trillion"
X Link 2024-08-16T02:56Z [---] followers, [---] engagements
"Personally I went for a sovereign bond trade and bought mid to long-duration Hungarian government bonds when rates peaked at 13% in early [----]. Current unrealized gains of 34%. Lower returns than $BUX but a different risk profile. The Hungarian state would have to go bankrupt and default for me to not get paid"
X Link 2024-08-16T11:59Z [---] followers, [--] engagements
"What next in Hungary Interest rates should continue to fall (chart below from ING think). Fixed-income yields are becoming less attractive and mortgage rates are more affordable. This should be bullish for Budapest real estate especially with the new Hungarian Golden Visa via real estate investment program. You can find a great write-up by @imidaily 👉 And as @GlobalPropGuide data shows Budapest still offers some of Europe's cheapest capital city real estate 👉 https://www.globalpropertyguide.com/europe/square-meter-prices"
X Link 2024-08-16T11:59Z [---] followers, [---] engagements
"Lastly feel free to reach out if you're interested in: - Remotely opening a brokerage account in Hungary (or other jurisdictions including Singapore) - Discovering undervalued opportunities in emerging and frontier markets. Currently I see the best opportunities in Central & Eastern Europe as well as Central Asia. Before and after of a 70m2 flat I bought in Budapest District [--]. Exited after [--] year with a total return of +27%. https://www.flag.ventures/realestate https://www.flag.ventures/realestate"
X Link 2024-08-16T11:59Z [---] followers, [---] engagements
"@PeterSchiff Congrats on being able to buy [-----] BTC with [--] ounce of Gold"
X Link 2024-08-16T13:14Z [---] followers, [---] engagements
"@agent_of_change Regardless of whether we like it - this is multipolarity in action. Prof Dugin pointed out that in a multi polar world the way small states maintain sovereignty is through forming alliances. Multi polarity empowers small states to have a greater choice of who to ally with"
X Link 2024-08-17T03:55Z [---] followers, [---] engagements
"@QeYcc @SantiagoAuFund What advantages do you think MidEast families see in HK vs UAE Perhaps diversification away from their home country without the sanction risk of Singapore 🤔 Apart from Switzerland Singapore also quasi gave up its neutrality on Ukraine. Probably out of a calculated move to keep on the good side of the West as a hedge against proximity to China. Out of the list of countries Russia defines as 'friendly or neutral' the only financial https://t.co/e3KmzKutBi Apart from Switzerland Singapore also quasi gave up its neutrality on Ukraine. Probably out of a calculated move to"
X Link 2024-08-17T04:04Z [---] followers, [--] engagements
"@JasonBugra Housing bubble disrespectors"
X Link 2024-08-17T04:08Z [---] followers, [--] engagements
"@cremieuxrecueil I wonder if South Africa foreshadows what awaits the US in a few decades"
X Link 2024-08-18T16:29Z [---] followers, [---] engagements
"@spalinskipatryk Isnt it disrespectful for you to look down on 50% of American voters - whilst American taxpayers have for decades helped ensure your countrys military survival"
X Link 2024-08-18T22:00Z [---] followers, [----] engagements
"@wander_investor The sad part is that 2/3 of the population voted for Labour or parties even further to the left (Lib Dems Greens etc). Out of the 1/3 who don't most indeed choose to pretend nothing is happening"
X Link 2024-08-19T22:51Z [---] followers, [--] engagements
"Corporate tax in the US under Kamala: 28% Corporate tax in officially communist countries: - China: 25% (15% for certain tech companies) - Vietnam: 20% - Laos: 20% The good news is that Kamala's 28% tax is still competitive compared to Venezuela (34%) and Cuba (35%) 💪 Interesting development mirroring the United Kingdom's direction from a corporations tax perspective. https://t.co/qCCBLt1FWl Interesting development mirroring the United Kingdom's direction from a corporations tax perspective. https://t.co/qCCBLt1FWl"
X Link 2024-08-19T23:09Z [---] followers, [---] engagements
"$1300 ETH and $35000 BTC. Will add more collateral if price dumps. You Concluded that for ETH best to leverage via DeFi (highest liquidation threshold and lowest rates). With BTC IMO leveraging using BTC ETF (margin loan looping) is better risk / reward than trusting WBTC on DeFi or CeFi. BTC ETFs are much more strictly regulated than CeFi or CEX and better borrowing rates via TradFi brokerage"
X Link 2024-08-20T12:00Z [---] followers, [--] engagements
"Study Inflationsknig Study Michael Saylor and $MSTR borrowing billions in fiat to buy #BTC https://x.com/i/grok/share/MeOLB2wpSkspsUtVttiIlhlDr https://en.wikipedia.org/wiki/Hugo_Stinnes#Later_life https://x.com/i/grok/share/MeOLB2wpSkspsUtVttiIlhlDr https://en.wikipedia.org/wiki/Hugo_Stinnes#Later_life https://x.com/i/grok/share/MeOLB2wpSkspsUtVttiIlhlDr https://en.wikipedia.org/wiki/Hugo_Stinnes#Later_life https://x.com/i/grok/share/MeOLB2wpSkspsUtVttiIlhlDr https://en.wikipedia.org/wiki/Hugo_Stinnes#Later_life"
X Link 2024-08-20T12:25Z [---] followers, [---] engagements
"Anglo and Nordic countries have some of the highest taxes yet its government fails with the basic task of keeping people off drugs. Once your government has been infected by liberalism - high tax revenue just further empowers them to make things worse. The Eastern European countries below also have some of the lowest taxes. E.g. personal income and capital gains taxed at a flat rate of 10% in Romania and Bulgaria and 9% corporate tax rates in Hungary and Poland. Countries in Europe with the fewest deadly drug overdoses [--]. Romania [--]. Bulgaria [--]. Hungary [--]. Slovakia [--]. Poland Source: Statista -"
X Link 2024-08-21T12:12Z [---] followers, [---] engagements
"@DeFi_Made_Here Rates market is not logical or efficient even in TradFi. There are hundreds of millions USD (if not more) sitting in bank accounts yielding 0.61% on average when they can just buy T-bills and get 5% whilst removing bank risk. Probably an element of laziness too"
X Link 2024-08-21T21:05Z [---] followers, [---] engagements
"@MonkeyDLuffy642 How did you come to $3.8T (total) as the optimal cycle exit Some comps I'm keeping an eye on: BTC m-cap as % of Gold m-cap Total crypto m-cap vs M7 / MAMAA / FAANG"
X Link 2024-08-21T21:46Z [---] followers, [--] engagements
"@InsurAce_io But your mod says otherwise"
X Link 2024-08-22T06:57Z [---] followers, [---] engagements
"@klr192 @reservereverse @DeFi_Made_Here Correct similarly cheaper the borrow against BTC ETF at 6% on TradFi brokers then against BTC (arguably less risk) on CeFi and CEX. E.g. Ledn (13%) Nexo (18%) or Kraken (40%). Which TradFi broker did you find btw for borrowing against BTC futures"
X Link 2024-08-22T07:17Z [---] followers, [---] engagements
"Why you should NOT hold stable coins unless you have a good reason to: By holding USD stable coins you by default take on US sovereign risk whilst not being compensated for that (risk adjusted DeFi yields being lower than risk free US Treasuries see linked thread below). In addition you take on: - Depeg risk: DeFi insurance markets price #USDC and #USDT depeg risk at 3% p.a. The coverage is often fully sold out indicating correct risk premium pricing. - Custodial risks: regardless of whether you store it via own keys which is subject to the risk of losing it / theft / $5 wrench attack or"
X Link 2024-08-22T08:13Z [---] followers, [---] engagements
"@LandlordRev Thanks In Warsaw Poland"
X Link 2024-08-22T15:18Z [---] followers, [--] engagements
"@InsurAce_io Will delete the inaccurate comment then. But you can see how your mod's comments confused others"
X Link 2024-08-22T21:18Z [---] followers, [--] engagements
"@exeatholdings @Moneycorp Thanks sir will check them out 🫡 Mainly keeping an eye on FX for its impact on my EM real estate. Also researching some less conventional FX related trades with high upside (long-duration ruble bonds and shorting JPY against gold on multi year basis) 👀"
X Link 2024-08-22T22:07Z [---] followers, [---] engagements
"A GBP / EUR / JPY saver didn't do much better than a Russian Ruble saver over the last [--] years vs. USD - when you account for rate differences during this period (short-term treasuries with their national banks). @macro_alchemist Shouldn't we factor in rate differences too In the last [--] years: Russian rates averaged at roughly 9% vs 2% FED funds. RUB depreciated by -68% vs USD. So whilst the Ruble saver would have come out worse it wouldn't have been that terrible. In the same 20-year period: GBP https://t.co/kWYOwCzjdo @macro_alchemist Shouldn't we factor in rate differences too In the"
X Link 2024-08-23T15:17Z [---] followers, [---] engagements
"#CEE currencies reacting nicely to #FED pivot. PLN CZK and HUF assets are interesting options for those who want a leveraged bet on EUR whilst being exposed to the EU's highest growth and lowest debt markets. This has to be one of the most important market setups today. The euro is on the verge of breaking through a historical resistance level which could drastically alter the macro landscape. Note that the British pound has already surpassed this resistance likely serving as an https://t.co/WainGYOaMj This has to be one of the most important market setups today. The euro is on the verge of"
X Link 2024-08-23T16:08Z [---] followers, [---] engagements
"It's fine to dislike mass tourism: The problem with Spain is that it's at 100% debt to GDP and had zero GDP per capita growth for [--] years - even with tourists. https://x.com/MacroJason/status/1824952901350883748 https://x.com/MacroJason/status/1824952901350883748 Anti Tourism Graffiti in Barcelona Spain https://t.co/jVrDvYzGBW https://x.com/MacroJason/status/1824952901350883748 https://x.com/MacroJason/status/1824952901350883748 Anti Tourism Graffiti in Barcelona Spain https://t.co/jVrDvYzGBW"
X Link 2024-08-23T17:38Z [---] followers, [---] engagements
"@exeatholdings @business @BloombergTV @FerroTV @stuartlkaiser This time its different right 😬 https://x.com/Geiger_Capital/status/1827033405562765542 🔸First Rate Cut - Jan [--] [----] - S&P [---] fell 39% next [---] days - Unemployment rose another 2.1% 🔸First Rate Cut - Sep [--] [----] - S&P [---] fell 54% next [---] days - Unemployment rose another 5.3% 🔸First Rate Cut - Sep [--] [----] - - https://t.co/ByaP9mtGq4 https://x.com/Geiger_Capital/status/1827033405562765542 🔸First Rate Cut - Jan [--] [----] - S&P [---] fell 39% next [---] days - Unemployment rose another 2.1% 🔸First Rate Cut - Sep [--] [----] - S&P 500"
X Link 2024-08-23T17:40Z [---] followers, [---] engagements
"#Montenegro is one of the easiest European countries to get residency in right now - whether youre Russian or American. And theres a reasonable chance this will turn into a EU permanent residency or citizenship within 5-10 years. Underrated place with its amazing costs and its governments efforts to make Montenegro crypto friendly. #Vitalik was granted citizenship in June [----]. Decent taxes by European standards: income and corporate tax at 9-15% and capital gains / crypto tax at 15%. If you have [---] ETH at current prices you can structure this under a local company and use the staking yield"
X Link 2024-08-23T19:59Z [---] followers, [---] engagements
"Theres so much momentum and enthusiasm behind Trump (assassination Elon #RFK) AND hes faced with a weak opponent - yet hes still barely beating Kamala in the polls. Why Demographic changes. Majority of ethnic minority voters in the US do not care who the candidates / what the issues are - they simply will not vote GOP. Perhaps the trend will change - but so far it hasnt"
X Link 2024-08-24T00:57Z [---] followers, [---] engagements
"Many don't realize how bad VC funds have done over the last decade even with ultra low rates. Vast majority of VCs underperformed SPX (with much more volatility and much lower liquidity). Chamath's social capital as an example. These IRR are already amongst the top 10% of VC performance. If you want risk-on in tech why wouldn't you just go for crypto🤷♂"
X Link 2024-08-24T19:02Z [---] followers, [--] engagements
"@Anarchist4ever @OlgaBazova Yeah despite overall incompetence of EU / German government the trade balance recovery is impressive"
X Link 2024-08-24T19:04Z [---] followers, [---] engagements
"@0xJim Also 0% tax on crypto and capital gains + super easy to get residency"
X Link 2024-08-24T22:37Z [---] followers, [---] engagements
"Kiev real estate market price trend in USD terms. The benefit of an un-leveraged real estate market is that you can be at war with a nuclear power and your real estate prices remain stable. (Price segment indicated in color. Green = premium Orange = above average Red = average Blue = budget) Why When people have no mortgage payments to make they're not forced into selling. Mortgage rates were 10% so the vast majority of home owners bought without a mortgage"
X Link 2024-08-25T14:22Z [---] followers, [---] engagements
"Im a #Bukele appreciator but El Salvador is not a sovereign country: - Military ranked 125th globally - 40% of trade is dependent on the US - 24% of GDP dependent on remittances from the US - GDP per capita PPP even lower than Ukraines https://t.co/2yUgqqs1YH https://t.co/2yUgqqs1YH"
X Link 2024-08-26T10:23Z [---] followers, [---] engagements
"Ideal passport portfolio: [--] Western + [--] Eastern + [--] neutral country. Best neutral country options right now: Turkey via CBI Brazil via birth Serbia via naturalization. If pre-rich and can't afford citizenship then go for residency first. As @DegenSpartan use to say with bank accounts / passports: three is two two is one one is none"
X Link 2024-08-26T12:57Z [---] followers, [---] engagements
"@IGWTreport Gold's purchasing power vs other assets is what matters not it's fiat value https://x.com/MacroJason/status/1825323438170419690 🧈 Gold is still far away from an ATH when measured against equities real estate oil or bitcoin👇 1) Gold vs US Equities: ounces of gold required to buy $DJIA. At gold's peak it was [---] ounces of gold. Today it's [----] ounces. Gold is worth 12.5x less. 2) Gold vs US Real https://t.co/HCu3JbGdNL https://x.com/MacroJason/status/1825323438170419690 🧈 Gold is still far away from an ATH when measured against equities real estate oil or bitcoin👇 1) Gold vs US"
X Link 2024-08-26T17:13Z [---] followers, [---] engagements
"Most #Gold bulls look to mining stocks or #Silver to gain leverage. But $XAUJPY (long Gold short #Yen) outperformed all that in the last [--] years. I like this as a multi-year macro trade. $GDX $GDXJ $SIL $SILJ $LBUL $UGL $DGP"
X Link 2024-08-26T20:49Z [----] followers, [---] engagements
"@ExitStrategyW @onlyvixx Let's see how well the UAE does with getting #Durov out. Turkey Brazil and Serbia are also interesting neutral countries that are quasi-sovereign. HK & Russia are interesting options for some (E.g. #Snowden first fled to HK before moving to Russia)"
X Link 2024-08-27T21:08Z [----] followers, [--] engagements
"@wander_investor 70% of Polish electricity cost goes towards EU climate tariffs. Good thing is that heating is supplied through coal so not much electricity is consumed. Monthly electricity bills for my Polish rental flats rarely exceed $20"
X Link 2024-08-28T15:04Z [---] followers, [---] engagements
"@denomeme Looks and sounds like a [----] ICO scam"
X Link 2024-08-29T15:43Z [---] followers, [--] engagements
"@exeatholdings @business @BloombergUK @wealth @PhilAldrick @alexwickham Lets pump that up to 50% 😤"
X Link 2024-08-29T21:39Z [---] followers, [--] engagements
"Have hired people from 20+ countries mainly during my time working in tech: 1) If you want high IQ + strong work ethic your best options are: Eastern Europeans Chinese and Americans. Overlay below map with average IQ data and you will see. 2) In Eastern Europe your best options are: Poland Ukraine Belarus Russia Romania Serbia. 3) Top tier Chinese workers are Singaporeans. Most affordable Chinese workers are Malaysians. Both speak good English. 4) Only have limited experience hiring Greeks but my experience matches below map. Gen Z & Millennial Greeks grew up in a much tougher time than their"
X Link 2024-08-30T14:11Z [---] followers, [---] engagements
"@SStapczynski Doesn't Japan still run a large trade deficit due to its lack of energy independence Wondering if there's any realistic way Japan can be truly energy independent in coming years which will strengthen JPY bigly"
X Link 2024-08-30T19:10Z [---] followers, [---] engagements
"@TokenBrice Why would anyone mint FNS if Frax already has a token Sole use case of minting domains on L2s is airdrop hunting"
X Link 2024-08-30T22:04Z [---] followers, [---] engagements
"The Global South will stay poor until they start to do basic things like showing up / paying on time. Sinosphere countries are the exception. That's why I prefer emerging and frontier markets outside the Global South. For all the deficiencies of the Soviet Union - at least they taught people to show up / pay on time. Ive had it with these 🤏 Mexicans 😂 My friends girl planned a surprise birthday party him. She asked everyone to be there at [--] sharp. I arrive at [--]. No one is there 9pm hits and half the people in the group chat say they are still [--] minutes away. Do not try to plan a Ive had it"
X Link 2024-08-31T19:52Z [---] followers, [---] engagements
"Russians & Ukrainians are so much better at putting out catchy propaganda for their respective Western audiences than the Chinese (China Taiwan Hong Kong). They understand the Western psyche so much better. Metro stations in St.Petersburg 📍Russia According to nafos this country does not have toilets https://t.co/GneeCa7P0G Metro stations in St.Petersburg 📍Russia According to nafos this country does not have toilets https://t.co/GneeCa7P0G"
X Link 2024-08-31T22:28Z [---] followers, [---] engagements
"How the US started Germany's current fifth column / migrant mess 👇 What started as [---] Turks working 'temporarily' ended up as 1.3M Turks. Many of whom have German citizenship vote overwhelmingly for leftist parties and consider themselves more Turkish than German. https://en.wikipedia.org/wiki/Gastarbeiter#West_Germany https://en.wikipedia.org/wiki/Gastarbeiter#West_Germany"
X Link 2024-09-01T15:46Z [---] followers, [---] engagements
"China may be settling more trades in #RMB - but commodities are still priced in USD and other countries still overwhelmingly prefer to save in USD not RMB. Let's say China imports oil from Saudis. The contract is denominated in USD. For the Saudis It doesn't matter if they get paid in RMB or USD - because as soon as they receive payment - they can freely exchange RMB back to USD or the Saudi Riyal (which like most Gulf State currencies is pegged to USD). Real signals for de-dollarization: commodities aren't priced in USD counterparties voluntarily choose to save in non-USD currencies Gulf"
X Link 2024-09-02T17:27Z [---] followers, [---] engagements
"@jamesguzman8 What would you say the 'why' is Both countries asked to be part of NATO and effectively received free military aid from the US for decades"
X Link 2024-09-02T20:59Z [---] followers, [--] engagements
"An incredible chart - UK house prices have not grown for [--] years. Most think of real estate prices in nominal terms and fail to consider inflation-adjusted real returns. BOE Interest rates between [----] and [----] were not low. The increase was primarily driven by real wage growth. Those who invested in UK real estate between 2004-2024 on average kept up with inflation + earned rental income. But those who took out very low-interest mortgages (2009-2021) and bought in the right locations did better on a leveraged basis. Some charts were taken from the video linked below. @PensionCraft has some"
X Link 2024-09-03T16:15Z [---] followers, [---] engagements
"Lessons: 1) Primary reasons real estate prices go up (from most organic to least) on the demand-side: a) real wage growth b) demand from foreign buyers c) mass migration d) artificially low interest rates 2) Developed real estate markets have already exhausted all [--] of the above. Therefore without a big crash - real estate prices will unlikely outperform inflation (as is the case in the UK for the last [--] years). 3) This is exactly why I choose frontier and emerging market real estate. Taking Romania as an example: a) House price index closely tracks GDP per capita growth thus implying fair"
X Link 2024-09-03T16:15Z [---] followers, [---] engagements
"#Uzbekistan is a frontier real estate market on my watch list. When local investors are dissatisfied with rental yield only being 8% (dollarized return) - its generally a good sign"
X Link 2024-09-03T16:45Z [---] followers, [--] engagements
"If #China is 'socialist' - what does that make the West Government spending as % of GDP: Hong Kong - 28% Switzerland - 32% China - 33% US - 36% Canada - 41% UK - 44% Japan - 44% Sweden - 47% Germany - 49% Italy - 57% France - 58% Sourced from IMF: https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/GBR/ESP/ITA/CHN https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/GBR/ESP/ITA/CHN @Lumberjackish_ Reform began in [----] and has continued until today and will continue. It refers to the establishment of socialism with Chinese characteristics and the completion of the primary stage"
X Link 2024-09-03T18:56Z [---] followers, [---] engagements
"@Cysiox @krzysztofbosak America does not have a gun problem it has a race problem. Looking just at European and Asian American homicide rates - it is one of the lowest in the world. Data source: https://wonder.cdc.gov/ucd-icd10-expanded.html https://wonder.cdc.gov/ucd-icd10-expanded.html"
X Link 2024-09-03T19:49Z [---] followers, [---] engagements
"@MoveToRussiaCom It was Goldman Sachs who requested the cancellation of their license :)"
X Link 2024-09-03T22:07Z [---] followers, [---] engagements
"@wander_investor Outside of Serbia vast majority in West Balkans support joining the EU :/ Even in Serbia its 40% support. It will make the Bangladeshi food poison thing even worse since even more locals will leave for higher paying countries - esp blue collar. Sad"
X Link 2024-09-04T14:52Z [---] followers, [--] engagements
"Reasons Hong Kong property prices are dumping: 1) It topped UBS' property bubble index for almost a decade. It's the most over-valued property market globally. 2) Locals could barely afford it when rates were close to 0% (HKD is pegged to USD thus follows FED rates). Since [----] rate hikes it has become even more unaffordable. There's barely any wage growth in HK. 3) Mainland buyers were the biggest / main group of foreign buyers especially for the luxury segment. But they too are experiencing an economic slowdown in China. Also previous to [----] Chinese buyers saw owning an asset in HK as a"
X Link 2024-09-04T19:01Z [---] followers, [--] engagements
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