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Degens Deteriorating
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Asmongold explains why his "bottom 2%" take makes people so angry

"People are mad because it destroys two narratives they live their lives around. The first is that poor people are poor because of structural reasons with no fault of their own. The second is it inverts the guilt they try to pin on the top one percent."

"If you took the top 2% of people and they just vanished, every single functional societal system would totally collapse. Businesses would fall apart, machines would stop running. They're the only ones smart enough to understand the systems. That's the truth, you might not like it, but it's the truth."

"Now contrast that. If you lost the bottom 2%, the world would astronomically improve. Everybody's lives would instantly get better. You'd get rid of 95% of violent criminals, probably the majority of criminals in general. There is not a single aspect of your life that would get worse in any way."

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ’―14
You need to realize that women hate nice guys. They are repulsed by them. That’s why most of them hate their husbands because they’re β€œtoo nice.”

Women are attracted to guys who treat them like sh&t.

A woman will remember the guy who cheated on her, abused her, or even raped her over the guy who was attentive, brought her flowers, and was supportive.

Nice guys finish last in every aspect of life.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ’―5😭3😁1
Modesty correlates with a lack of interest in dating someone famous

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
Unlike dogs, it has been experimentally proven that cats do not have a tendency to help humans in situations that do not directly benefit themselves, and that their motivations are primarily based on their own personal interests

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
❀‍πŸ”₯6😎2
"Honey, why don't you come downstairs and show everyone what you built with Claude Fable 5"

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
That escalated quickly.

"Billionaire tech investor Peter Thiel delivered a series of provocative warnings and predictions about the future of artificial intelligence and the West on Tuesday, accusing Pope Leo XIV of inadvertently serving as a β€œChinese communist agent” by calling for AI regulation.

In his remarks at the Aspen Ideas Festival in Colorado, he also warned of a β€œdemocratic-socialist takeover” of the United States’ Democratic Party."

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ—Ώ1
Do you know about the mosquito bite deleter?

press it onto the bite. push button. beep. gets hot for a few seconds. boop. protein is cooked under the skin. itching stops immediately & permanently

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
🫑3
Leverage in South Korean stocks is out of control:

Assets under management (AUM) in South Korea's leveraged ETFs are up to a record ~$45 billion.

AUM has surged +800% since the start of 2026.

As a result, leveraged exposure as a % of free float market capitalization, the portion of shares actually available for public trading, is up to a record ~2.9%, more than TRIPLING since January.

Meanwhile, the Hong Kong-listed 2x leveraged long SK Hynix ETF rose to ~$15 billion in assets at its peak, the largest single-stock leveraged product in the world.

By comparison, four leading 2x leveraged long ETFs tracking Micron, $MU, Nvidia, $NVDA, Sandisk, $SNDK, and Tesla, $TSLA, have each never exceeded $10 billion in assets.

Leverage in Korea is at extreme levels.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
Buying a fancy car is not a sign of a midlife crisis. It’s a mark of relationship insecurity.

6 studies: When men and women have attachment anxiety, they seek status symbols to compensate and stand out among their peers.

Belonging and connection are antidotes to materialism.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
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An unhinged UK cop arrested a man for simply filming in a public place somewhere in England.

One look at this guy and you'd think British police are now suffering from demonic possessions.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
🀬13πŸ’―1
Media is too big
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Roofers trade blows on a roof, FALL DOWN, and continue fighting

One of the workers couldn't believe his eyes what he was seeing

"Why the hell did you send those people? The white folks are gonna call the cops if you guys don't calm the f*ck down"

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
🌚7😁2πŸ₯°1
Media is too big
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"Odori-yaki", a traditional Japanese method when seafood, typically live abalone, prawns, or clams, are cooked ALIVE

Chef places live seafood directly onto superheated volcanic stones or a grill inside a specialized clay pot, causing the animal to contract violently β€” they say it looks like they're "dancing"

Then they cover the pot with a lid to contain the intense steam...

I'm not Greenpeace, but it looks like a torture...

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
😨6🀬1
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TRUMP: β€œAs we’re seeing now, Communism is the greatest threat to our country…it's like a cancer that spreads and you better stop it fast. We will never let the United States become a communist country.”

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ’―6
What is happening with the US labor market?

The difference between nonfarm payrolls and the household survey was a massive 564,000 jobs in June.

This comes as Thursday’s job report showed +57,000 non-farm payrolls were added last month.

At the same time, -507,000 Americans lost their job, the 3rd-largest drop since January 2024, according to the household survey.

The household survey is a closely followed metric because it counts each worker only once, even if they hold multiple jobs.

Year-to-date, total employment in the household survey has declined -1.7 million, to 162.26 million, the lowest since December 2024.

Over the same period, total nonfarm employment has risen +552,000, to a record 158.98 million.

Something does not add up here.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά