Offshore

EndGame Macro
There are definitely people milking fear for clicks. But there are also people just trying to describe the world as it actually is with record debt, broken housing ladder, widening wealth gaps, geopolitical mess. Calling that doomerism doesn’t fix any of it; it just makes honest discussion sound illegitimate.

Being willing to see fragility in the system is situational awareness. You can be optimistic about human ingenuity and skeptical that this particular setup ends smoothly.

The opposite of doom is clear eyed realism plus the willingness to act anyway.



A Respectful Open Post to All the Doom & Gloomer Pussies

I’m 50 years old. As of two years ago, I had never spent time on any social media--none. 

I just never participated. 

Then I wrote a book called Quoz, about a future where AI and Quantum computing ruled the world, https://t.co/jLMdOPzkSr.

My distributor, @simonschuster,  suggested I get on social media; so I did, never expecting anyone to follow me. 

Within a year or two, I got over 35K followers somehow, I really don’t know why.

But here’s what I’ve learned. Fuck all the, “I’m optimistic at heart, but…” people.

Either you’re an optimist or not. Either you think we’re heading for better days, or you don’t.

I’m beginning to work on a longer, mini-manifesto that I call “The Good, the Bad, & the Ugly.”

The “good” is all the possibility that is around us at this moment in time. It’s AI, humanoids, the breakdown of racial/ethnic barriers to advancement (& I'm not woke but a DJT voter).

The “bad” is the undeniable setbacks that we need to overcome… and overcome them we will… things like large sovereign debt, social wealth inequality, etc.

But the most interesting to me, and the most important for success, is overcoming the “Ugly.” 

The Ugly is all the people on social media and elsewhere that want to convince everyone that they are victims… victims of racism, sexism, generationalism, etc.

These are the people that constantly put out videos/pods on YouTube about the coming collapse, “Worse than the Depression,” the “Markets Set for Massive Meltdown” people, etc. And yes, @thoughtfulmoney, I'm talking about you. I will not hesitate to name names. 

I know this is not a popular view. The popular view is that through some magic of the printing press, the powers that be have forced everyone into a death spiral that will end badly.

I want to push back against this narrative. Attitude is everything. If everyone starts believing they are just victims of circumstance, and that in the end, everything will end in collapse, then that belief becomes toxic.

I also firmly believe that that belief is categorically wrong.

I’m hoping to publish by Jan a well-reasoned and thoughtful piece that confronts all the bad attitudes out there. That promotes optimism without a but.

I was pretty down last week as my “optimistic” portfolio hit a snag. 

Then, I had the best week, on an absolute dollar amount of my life, up over $300K.

Do not let the Doomers get you down. We are on an upward trajectory. It is only a matter of perspective.

All the Puritanical regret about wealth creation is an abomination. 

It is a deep-seated attempt to make people feel bad about making money.

It is a denial of the world and the way it is, a hopeful wish for some puritanical world of fair and justness that simply does not exist.

Follow that philosophy at you're own peril!

- Mel Mattison
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