Anthony Pompliano

Does that mean private equity?

also has issue?

Because if private credit sitting at the top of the stack has the issue, what about the guys underneath?

Is the equity worth zero?

It, um, as I watch this all play out, it then brings me back to, okay, if you're an investor and you're watching a transition from financials or financialized type of software, et cetera, to hard assets, private credit has cracks.

Uh, the U S dollar is trash.

Um, treasuries, uh, did the exact opposite of what everyone thought would happen with the conflict.

Um,

where do you go, right?

Like, is it just literally find hard assets and it's, you know, real estate, gold, Bitcoin, and those types of assets?

Can we get prolonged recessions in the United States?

Like one of my theories has always been for now a couple of years, we've pretty much outlawed these things, right?

If we get some sort of big next global financial crisis, the central bank, you know, they dust off the old playbook.

They got it.

We're going to go interest rates to zero.

We're going to print trillions of dollars.

We know we'll destroy the dollar over the long run, but I promise guys, be careful.

You know, the stock market will be back to all-time highs before the end of the year.

Agree with that or no?

By the way, when that happens, I have to remind everyone because they did a bunch of these guys, the prediction markets are up, et cetera.