Andy The Bitcoin Adviser's avatar
Andy The Bitcoin Adviser
ap_bitcoin@Nostr-Check.com
npub1nul4...8x3m
Partner at The Bitcoin Adviser and Loan my Coins, Stacker of 🌽, bitcoin is our pension fund!
Useless meatsack spends everyone else’s money as fast as he can, racking up huge debt because other bunch of clowns say trust us, it’s ok! image
Did you know commercial property is having a bit of a rough time? With remote and hybrid work becoming the new norm, office spaces are feeling a tad lonely. Superannuation funds, which often invest in these properties, might be in for a rollercoaster ride. But hey, every cloud has a silver lining: tighter lending might curb new development, giving existing properties a chance to bounce back! Particularly if property funds like this continue to not let you have your money back! Or you could buy #bitcoin and self custody in an #smsf
Absolutely smashed it, #[0]​ ! Do you think when they run these interviews they take it in or it’s in one ear out the other?
“The money always gets paid back, either by the lender or the borrower but it always gets paid back.” With all due respect this guy is old as shit but well worth a listen cause history might not repeat but it often rhymes, and I reckon he’s seen more history than most of us!
Is the current game to short the US banks into oblivion 1 by 1? Who’s next after first republic?
“The Bank of England has warned insurers to ‘exercise moderation’ as they consider a wave of corporate pension deals driven by higher interest rates. These rate increases have improved the funding levels of companies' retirement plans, resulting in a majority of schemes now in surplus. This has catalyzed the market for corporate pension deals, where schemes pay a premium to transfer their liabilities to an insurer. However, concerns have grown about the capacity of the insurance market to absorb these schemes. Charlotte Gerken, executive director of insurance supervision at the Bank of England's Prudential Regulation Authority, urged insurers to balance short-term financial incentives with long-term financial strength.” Wouldn’t want to be in a UK pension scheme, the incentives can’t be lined up correctly if corporates are trying to jettison funds to insurers who have no long term incentive to care about the workers involved. Buy #bitcoin and self custody.
“Big superannuation funds have been accused of breaching human rights laws and an obligation to act in their members’ financial interests by investing in Santos’ $5.8 billion Barossa gas project in the Timor Sea.” No better way to ensure members funds are protected than taking them to court and making them spend tons on lawyers. Nevermind the idiocy of the action in the first place. Maybe better buying #bitcoin and putting it in self custody!