Worldwide Debt Spiral with James Lavish (WiM294)

James Lavish joins me to discuss the current financial situation of the U.S., the effects of the debt spiral, how the fiat system is showing its vulnerabilities, the LDI crisis of the UK, and how Bitcoin can provide the ultimate solution. James Lavish began his career as an institutional investor. Now, he is the co-Managing Partner of the Bitcoin Opportunity Fund. He is the author of the popular newsletter “The Informationist.”// GUEST // Twitter: https://twitter.com/jameslavish/ Newsletter: https://jameslavish.substack.com/// SPONSORS // In Wolf's Clothing: https://wolfnyc.com/iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/Ledn: https://www.ledn.io/CrowdHealth: https://www.joincrowdhealth.com/breedloveWasabi Wallet: https://wasabiwallet.io/Join Me At Bitcoin 2023 in Miami (use discount code BREEDLOVE): https://b.tc/conference/Casa (use discount code BREEDLOVE): https://keys.casa/Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/ Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.comCarnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/// OUTLINE // 00:00:00 - Coming up 00:01:00 - Intro 00:02:33 - Helping Lightning Startups with In Wolf's Clothing 00:03:20 - Introducing James Lavish 00:05:09 - How James Got into Bitcoin 00:08:25 - Bitcoin is the Only Decentralized Protocol 00:11:32 - The Significance of Inflation 00:12:44 - The Analysis of the Current Financial Crisis 00:15:48 - What is a Debt Spiral 00:17:06 - The Effect of the Debt Spiral 00:19:09 - The “Countermeasures” to the Debt Spiral Effect 00:21:42 - Secure Your Bitcoin Stash with The iCoin Hardware Wallet 00:22:38 - Do More with Your Digital Assets with Ledn 00:23:23 - The Infected Fiat System 00:25:38 - The Pension Fund Problem 00:28:14 - The UK LDI Crisis 00:32:28 - Symptoms of the Infected Fiat System 00:34:15 - Why The U.S. Treasury Plans to Borrow $932 billion 00:36:15 - No Feasible Solution to the Debt Spiral Problem 00:38:32 - Bail-In: Definition and Role in a Financial Crisis 00:42:12 - Take Control of Your Healthcare with CrowdHealth 00:43:13 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 00:43:49 - A Chance to Win Discounted Tickets to the Bitcoin 2023 Conference and 10M SATS 00:44:43 - Hold Bitcoin in the Most Secure Custody Model with Casa 00:45:32 - The Debt Spiral Situation of the United States 00:48:23 - The Pattern of Liquidity Crisis 00:49:52 - Positive Aspects of the Debt 00:51:21 - The Problem Lies with the Current Financial System 00:52:36 - What is a Credit Default Swap 00:55:36 - The Trillion-Dollar Coin Loophole 00:58:10 - What Happens When a Nation Defaults 01:00:22 - Bitcoin is the Ultimate Solution to Hyperinflation 01:01:30 - Vision of a Bitcoinized World 01:02:35 - Bitcoin Needs to Gain Psychological Confidence 01:04:08 - Where to Find James’ Work // PODCAST //Podcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast...Spotify: https://open.spotify.com/show/25LPvm8...RSS Feed: https://feeds.simplecast.com/MLdpYXYI// SUPPORT THIS CHANNEL // Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101// WRITTEN WORK // Medium: https://breedlove22.medium.com/ Substack: https://breedlove22.substack.com/ // SOCIAL // Breedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22All My Current Work: https://vida.page/breedlove22