“Usually, when investors are willing to lend to companies at a lower yield than the government, it’s because the country faces financial armageddon and the government default risk is rising. Two pristine-rated bonds from Microsoft that trade at lower yields than equivalent Treasurys tell us something different, though: Demand for corporate bonds is running superhot.”
Narrator: This time wasn’t different. The government was bankrupt.
“In fact, if we stay on the same fiscal path, we will soon have the inequality of Brazil with the debt of Japan and the money printing of Zimbabwe.”
- James Lavish
“There is darkness in the world. There is evil in the world. And it has never been easier for that evil to crawl inside your head.
It has never been easier for that evil to grab a hold of your heart. And it has never been easier for that darkness and that evil to get control of your soul.
You must cast it out. You cannot accept that master.
Listen to your friends, not your feed. Talk to people, not to the pixels. Connect with your family, not with firmware.”
From Jocko Podcast: Declared Hostile: This Is America, Sep 16, 2025