💰 Sumerian Solution to US Debt

The New York Times proposed a radical solution to the US debt problem: revive the ancient Sumerian principle of “amargi”, which called for wiping out public debt and restarting the system.

Similar resets were used around 2400 BC when debt threatened the economy. The authors argue that if growth, higher taxes and inflation cannot solve the problem, it may be time to change the rules and forgive $40 trillion in government debt.

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Crypto flash

If you can wait long enough, the market will hand you the perfect trade.

But the waiting hurts.

It’s boring.

It’s painful.

And that’s why 95% of traders lose.

They can’t wait for the market to come to them.

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Crypto flash

Whales actively withdraw XRP from exchanges, per CryptoQuant, historically bullish long term.

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Crypto flash

Elon Musk’s SpaceX unveiled plans for a $100 billion Starbase spaceport. The first launch is planned for 2029.

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Crypto flash

36-year-old Alexandria Ocasio-Cortez became Kalshi’s second-most likely 48th US President, overtaking Marco Rubio at 14%. Vance is at 19%.

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Crypto flash

🔴 AI Risk Beyond Unemployment

Researchers mathematically concluded that artificial intelligence could lead to a tragedy worse than mass unemployment.

The main risk is the gradual destruction of people’s ability to perform work well. Automation of basic tasks saves company budgets but also breaks the training pipeline for deep expertise.

Within a generation, there may be no specialists left to oversee algorithmic errors and preserve intellectual independence.

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Crypto flash

Trading isn’t a side hustle.

It’s a war against your your emotions and your need to be right.

If you’re not ready for total mental discipline, go sell T-shirts instead.

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Crypto flash

Trump will rename Lake Ontario as Lake America.

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Crypto flash

Andrew and Tristan Tate claim their supercars, yachts, and expensive watches are not proof of wealth, saying they lied about their finances to sell an online persona.

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Crypto flash

In many countries, more than 20% of billionaires are Jewish.

Of the world’s 10 richest billionaires, six are of Jewish origin: Larry Ellison, Mark Zuckerberg, Larry Page, Sergey Brin, Steve Ballmer and Michael Dell.

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Crypto flash

Mindset

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Crypto flash

Traders welcoming September Price Action:

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Crypto flash

he lives in 2050

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Crypto flash