🤵 The Macro Butler Weekly Digest 🤵
🌐 From Watts to Wealth: Cheap, abundant energy fuels true prosperity and growth—because everything is energy. 🌐
Read more here: https://themacrobutler.substack.com/p/from-watts-to-wealth-the-true-engine
🌐 From Watts to Wealth: Cheap, abundant energy fuels true prosperity and growth—because everything is energy. 🌐
Read more here: https://themacrobutler.substack.com/p/from-watts-to-wealth-the-true-engine
While 'Marx Carney' purges lawyers who backed the 2021 Truck Convoy against vile vaccine tyranny, the Dutch regime—puppets of Davos' Malthusian cabal—seizes Arno Van Kessel. This lawyer dared to sue the Dutch State and its overlords, including Mark Rutte, Hugo de Jonge, Agnes Kant, Albert Bourla, and Bill Gates, for deceiving the masses about COVID vaccine safety. Van Kessel and Stassen’s damning summons fueled this infernal battle, with its first major clash on July 9 in Leeuwarden, scorned by the Dutch media’s silence.
https://deanderekrant.nl/actie-arno-van-kessel/
https://deanderekrant.nl/actie-arno-van-kessel/
Isn't it just charming how governments orchestrate their own demise?
Step one: botch the budget so badly they think inflating debt away is a personality trait.
Step two: when no one’s dumb enough to buy their shiny new debt to cover the old, they pivot to playing dictator with their own classic! Oh, and don’t forget to pin it all on a foreign villain, like, say, Putin, because nothing screams “we’ve got this” like starting a war.
And for the grand finale, step three: default, crash, burn, and let the new regime waltz in, shrugging off the old debts.
What a delightful cycle…
Step one: botch the budget so badly they think inflating debt away is a personality trait.
Step two: when no one’s dumb enough to buy their shiny new debt to cover the old, they pivot to playing dictator with their own classic! Oh, and don’t forget to pin it all on a foreign villain, like, say, Putin, because nothing screams “we’ve got this” like starting a war.
And for the grand finale, step three: default, crash, burn, and let the new regime waltz in, shrugging off the old debts.
What a delightful cycle…
You can now also listen to a summary of The Macro Butler weekly newsletter via podcast on Substack; YouTube; Rumble & TikTok.
https://themacrobutler.substack.com/p/from-watts-to-wealth-the-true-engine-0ca
https://themacrobutler.substack.com/p/from-watts-to-wealth-the-true-engine-0ca
Substack
From Watts to Wealth: The True Engine of Prosperity - Podcast
You can now also listen to a summary of The Macro Butler weekly newsletter via podcast on Substack; YouTube; Rumble & TikTok.
The self-proclaimed “Peacemaker-in-Chief”, currently perfecting his backswing in Scotland, somehow found time between holes to weigh in on the age-old Thailand-Cambodia rivalry—recently reignited by the Khmer government, a loyal disciple of Davos. Clearly, nothing says diplomacy like meddling in Southeast Asian geopolitics while sipping Scotch and sabotaging Thailand’s booming ties with Russia and China.
Former Cambodian PM Hun Sen—now Senate President and proud father of the current PM—still wields plenty of power and influence. His long-standing bromance with European Malthusians, especially his cozy ties with France, the country that once colonized Cambodia and left it in the hands of deadly communists, is less about nostalgia and more about keeping old empires happy while playing geopolitical chess.
https://www.phnompenhpost.com/national-politics/brotherly-love-hun-sen-reveals-close-bond-frances-macron
https://www.phnompenhpost.com/national-politics/brotherly-love-hun-sen-reveals-close-bond-frances-macron
What’s really needed to end the century-old Thai-Cambodian tensions isn’t another round of peace talks—it’s a regime change in Phnom Penh. Like in Ukraine where the Malthusian cokehead must be removed, in Cambodia this would mean toppling the entrenched “Hun Dynasty” that’s long peddled the WEF’s Malthusian script.
Thailand’s military—vastly superior in manpower, tech, and budget—could easily roll into Phnom Penh and remove Hun Sen and his heir, unless something derails the plan (like a desperate move from France, Cambodia’s nostalgic ex-colonial babysitter).
Thai public opinion is ready to back a reset as this is the moment to end the scams spilling over from the eastern neighbour once and for all.
https://www.globalfirepower.com/countries-comparison-detail.php?country1=thailand&country2=cambodia
Thailand’s military—vastly superior in manpower, tech, and budget—could easily roll into Phnom Penh and remove Hun Sen and his heir, unless something derails the plan (like a desperate move from France, Cambodia’s nostalgic ex-colonial babysitter).
Thai public opinion is ready to back a reset as this is the moment to end the scams spilling over from the eastern neighbour once and for all.
https://www.globalfirepower.com/countries-comparison-detail.php?country1=thailand&country2=cambodia
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As if funnelling retail cash into tokenized IOUs via stablecoins wasn’t bold enough, the U.S. Treasury seems to know even that won’t plug the gaping deficit crater — so it’s now begging for donations via Venmo and PayPal. That’s right: while Congress keeps greenlighting trillion-dollar spending sprees, the same government has resorted to digital panhandling to manage the debt. Sure, the “Gifts to Reduce the Public Debt” program has existed since 1996, but adding Venmo and PayPal — with its laughable $999,999.99 cap — feels like parody.
Despite the absurdity, Americans have donated $2.7 million this year alone, which is cute considering the U.S. burns through that in about 12 seconds. At this pace, it would take every citizen coughing up $108,320 just to hit zero — and five minutes later, we’d be back in the red.
https://www.foxbusiness.com/politics/us-treasury-department-now-offers-novel-method-pay-nations-whopping-36-trillion-debt
Despite the absurdity, Americans have donated $2.7 million this year alone, which is cute considering the U.S. burns through that in about 12 seconds. At this pace, it would take every citizen coughing up $108,320 just to hit zero — and five minutes later, we’d be back in the red.
https://www.foxbusiness.com/politics/us-treasury-department-now-offers-novel-method-pay-nations-whopping-36-trillion-debt
Jefferson warned Americans that banks could be more dangerous than armies. He didn’t warn them about taxpayers willingly tipping the empire into oblivion.
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While Donald Copperfield perfects his backswing in Scotland and fans the flames of the next war cycle, the ever-diligent U.S. Treasury slipped out $69 billion in 2-year notes—graciously awarded at 3.92%, a whopping 0.005% bargain below the issued yield. Nothing says fiscal responsibility like golfing through geopolitics.
In a nutshell, the first auction of what promises to be a busy week came in surprisingly solid— as Wall Street's talking heads are still not understanding that the so-called “risk-free” asset is anything but, even as it becomes increasingly tokenized.
Overall, it was a weak auction—but despite the glaringly poor demand, markets shrugged it off. That complacency toward fading appetite for U.S. debt won't last much longer.
While tariffs are supposedly the magic fix for Washington’s spending habits, the U.S. Treasury just raised its Q3 borrowing estimate by over $450 billion—from $554B to a staggering $1.007T. Apparently, a smaller cash cushion and weaker inflows mean Uncle Sam will need nearly a trillion just to keep the lights on—because nothing says fiscal discipline like more debt.
In classic Treasury fashion, the $449B in borrowing that was supposed to hit in Q2—derailed by the debt ceiling standoff—has been conveniently kicked into Q3. Instead of the originally forecasted $554B, the Treasury now plans to borrow $1.007T this quarter, a nearly identical offset to the missed Q2 haul. Excluding the cash balance shuffle, the actual increase is just $60B—modest, though not exactly encouraging given the extra $25B in tariff revenues. Looking ahead, Q4 borrowing is pegged at $590B, $90B below earlier estimates. As for Q2, the Treasury borrowed just $65B vs. the expected $514B, ending June with a far smaller cash balance of $457B instead of $850B.
Bottom line: no major surprises. The real story remains the refill of the Treasury General Account—pending, of course, a debt ceiling deal by Sept 30. Stay tuned for Wednesday’s 8:30 a.m. Refunding Statement, where the real details get served.