![\"\ud83c\udf99\ufe0f\"](\"https:\/\/fonts.gstatic.com\/s\/e\/notoemoji\/17.0\/1f399_fe0f\/32.png\"\/)
\u00a0NEW PODCAST WITH CHRIS MACINTOSH<\/strong><\/h2>\nTo start,\u00a0Chris\u2019 thoughts<\/a>\u00a0on the most pressing geopolitical and macro topics.<\/p>\nChris joined Danny from CapitalCosm for what Danny described as packing 100lbs of isht into a 50lbs bag (or 46kg of isht into a 23kg bag for our non-American friends), including\u2026<\/p>\n
\n- With the US government debt just crossing $40 trillion, the Strait of Hormuz (and other geopolitical chokepoints) just became even more critical.<\/strong>\u00a0Chris explains why.<\/li>\n
- Why \u2014 in the case of government debt \u2014 all roads always lead to printing more and more money (i.e., destroying the value of money).<\/li>\n
- The case against democracy<\/strong>\u00a0(as Chris puts it,\u00a0\u201cPeople believe the most absurd things\u201d<\/em>).<\/li>\n
- Screamingly cheap gold equities.\u00a0Gold miners are currently sitting on 10x the free cash flow they had in 2020 (while their debts have been cut in half)\u2026 but the market is pricing them like they\u2019re going bankrupt.<\/strong>\u00a0So what gives?<\/li>\n
- The real reason behind the US\u2019s emergency intervention in Japan.<\/strong>\u00a0The official story on the US\u2019s emergency intervention in Japan is \u201ccurrency stability.\u201d Except, that\u2019s not actually why it happened.<\/li>\n
- Why did Israel suddenly turn on Turkey? And why is Spain dealing with a massive migrant wave out of nowhere?<\/strong>\u00a0Chris explains why those two events share the same root cause.<\/li>\n
- Today\u2019s inflation is indeed different.<\/strong>\u00a0For most of our lives, inflation has been demand-driven (rise of China, etc.). But today\u2019s inflation is a consequence of supply destruction (for example, the flow of oil and gas through the Strait of Hormuz suddenly comes to a halt), which is what makes it harder to tame.<\/li>\n
- Donald Trump has no clue how (energy) markets work.<\/strong>\u00a0We might get hate mail for saying this, but Chris lays out precisely why\u2026 backed by actual footage of the president saying it himself.<\/li>\n
- We have three financial bubbles \u2014 AI, private equity, and sovereign debt \u2014 popping at the same time (and they\u2019re all intertwined).<\/strong><\/li>\n
- And mucho mas!<\/li>\n<\/ul>\n\n
![\"\"](\"https:\/\/capitalistexploits.at\/wp-content\/uploads\/2026\/08\/capitalcosm.jpg\")
<\/a><\/figure>\n<\/div>\nListen to the entire conversation on Youtube\u00a0here<\/a>.<\/p>\n![\"\ud83d\udc69\ud83c\udffb\"](\"https:\/\/fonts.gstatic.com\/s\/e\/notoemoji\/17.0\/1f469_1f3fb\/32.png\"\/)
\u00a0THE ECHOES OF DOT-COM<\/strong><\/p>\nThe following headline caught our collective attention. In short, you\u2019ll soon be able to trade Nasdaq stocks for 23 hours a day, 5 days a week.<\/p>\n
\n![\"\"](\"https:\/\/capitalistexploits.at\/wp-content\/uploads\/2026\/08\/23hrtrading.jpg\")
<\/figure>\n<\/div>\nThe pointy shoes say this is to \u201cbroaden investor access and expand wealth-building opportunities\u201d for folks.<\/p>\n
Come to think of it, there\u2019s a reason casinos are open 24 hours a day (and it\u2019s not to give every gambler a fair shot at \u201cwealth-building opportunities\u201d at the slot machines). Rather, because the house does better the longer you\u2019re allowed to sit at the table.<\/p>\n
If you were around during the dot-com bubble, you might remember virtually identical headlines\u2026<\/p>\n
\n![\"\"](\"https:\/\/capitalistexploits.at\/wp-content\/uploads\/2026\/08\/late-trading.jpg\")
<\/figure>\n<\/div>\nNote the date (May 1999). The Nasdaq peaked less than a year later and proceeded to drop nearly 80%.<\/p>\n
Are we saying we\u2019re in store for an 80% drop in growth stocks? No. But exchanges seem to roll out these retail-courting, \u201cdemocratising\u201d features at a very particular point in the cycle \u2014 right when the majority is already fully invested into the story\u2026 and the only way it keeps running is if new money keeps showing up.<\/p>\n
Don\u2019t hold your breath waiting for round-the-clock trading for gold miners, offshore drilling stocks, or other out-of-favor assets.<\/p>\n
![\"\ud83c\udf79\"](\"https:\/\/fonts.gstatic.com\/s\/e\/notoemoji\/17.0\/1f379\/32.png\"\/)
\u00a0AI: IT\u2019S STIFF DRINK TIME!<\/strong><\/h2>\nFor some more substance (backed with charts and numbers), our friend George Gammon recorded an entire video taking apart the entire AI bubble\u2026 and the systemic risk that comes with Big Tech companies now spending trillions (yes, trillions) of dollars \u2014 much of it conveniently kept off their balance sheets \u2014 to try and somehow make the entire thing make sense.<\/p>\n
\n![\"\"](\"https:\/\/capitalistexploits.at\/wp-content\/uploads\/2026\/08\/George.jpg\")
<\/a><\/figure>\n<\/div>\nGeorge likens these companies to someone earning $500,000\/year but spending like a drunken sailor (and burning through savings), while at the same time taking on a new 20-year, $10,000\/month apartment lease they haven\u2019t even started paying for (under the guise of \u201cinvesting in themselves\u201d).<\/p>\n
It\u2019s exactly the kind of stuff you see in the late stages of a credit cycle.<\/p>\n
Pour yourself a stiff drink, and watch the entire video\u00a0here<\/a>.<\/p>\n![\"\u2705\"](\"https:\/\/fonts.gstatic.com\/s\/e\/notoemoji\/17.0\/2705\/32.png\"\/)
\u00a0TICKING THE BOX<\/strong><\/h2>\n
Chris joined Danny from CapitalCosm for what Danny described as packing 100lbs of isht into a 50lbs bag (or 46kg of isht into a 23kg bag for our non-American friends), including\u2026<\/p>\n
- \n
- With the US government debt just crossing $40 trillion, the Strait of Hormuz (and other geopolitical chokepoints) just became even more critical.<\/strong>\u00a0Chris explains why.<\/li>\n
- Why \u2014 in the case of government debt \u2014 all roads always lead to printing more and more money (i.e., destroying the value of money).<\/li>\n
- The case against democracy<\/strong>\u00a0(as Chris puts it,\u00a0\u201cPeople believe the most absurd things\u201d<\/em>).<\/li>\n
- Screamingly cheap gold equities.\u00a0Gold miners are currently sitting on 10x the free cash flow they had in 2020 (while their debts have been cut in half)\u2026 but the market is pricing them like they\u2019re going bankrupt.<\/strong>\u00a0So what gives?<\/li>\n
- The real reason behind the US\u2019s emergency intervention in Japan.<\/strong>\u00a0The official story on the US\u2019s emergency intervention in Japan is \u201ccurrency stability.\u201d Except, that\u2019s not actually why it happened.<\/li>\n
- Why did Israel suddenly turn on Turkey? And why is Spain dealing with a massive migrant wave out of nowhere?<\/strong>\u00a0Chris explains why those two events share the same root cause.<\/li>\n
- Today\u2019s inflation is indeed different.<\/strong>\u00a0For most of our lives, inflation has been demand-driven (rise of China, etc.). But today\u2019s inflation is a consequence of supply destruction (for example, the flow of oil and gas through the Strait of Hormuz suddenly comes to a halt), which is what makes it harder to tame.<\/li>\n
- Donald Trump has no clue how (energy) markets work.<\/strong>\u00a0We might get hate mail for saying this, but Chris lays out precisely why\u2026 backed by actual footage of the president saying it himself.<\/li>\n
- We have three financial bubbles \u2014 AI, private equity, and sovereign debt \u2014 popping at the same time (and they\u2019re all intertwined).<\/strong><\/li>\n
- And mucho mas!<\/li>\n<\/ul>\n
\n<\/a><\/figure>\n<\/div>\nListen to the entire conversation on Youtube\u00a0here<\/a>.<\/p>\n
\u00a0THE ECHOES OF DOT-COM<\/strong><\/p>\nThe following headline caught our collective attention. In short, you\u2019ll soon be able to trade Nasdaq stocks for 23 hours a day, 5 days a week.<\/p>\n
\n<\/figure>\n<\/div>\nThe pointy shoes say this is to \u201cbroaden investor access and expand wealth-building opportunities\u201d for folks.<\/p>\n
Come to think of it, there\u2019s a reason casinos are open 24 hours a day (and it\u2019s not to give every gambler a fair shot at \u201cwealth-building opportunities\u201d at the slot machines). Rather, because the house does better the longer you\u2019re allowed to sit at the table.<\/p>\n
If you were around during the dot-com bubble, you might remember virtually identical headlines\u2026<\/p>\n
\n<\/figure>\n<\/div>\nNote the date (May 1999). The Nasdaq peaked less than a year later and proceeded to drop nearly 80%.<\/p>\n
Are we saying we\u2019re in store for an 80% drop in growth stocks? No. But exchanges seem to roll out these retail-courting, \u201cdemocratising\u201d features at a very particular point in the cycle \u2014 right when the majority is already fully invested into the story\u2026 and the only way it keeps running is if new money keeps showing up.<\/p>\n
Don\u2019t hold your breath waiting for round-the-clock trading for gold miners, offshore drilling stocks, or other out-of-favor assets.<\/p>\n
\u00a0AI: IT\u2019S STIFF DRINK TIME!<\/strong><\/h2>\nFor some more substance (backed with charts and numbers), our friend George Gammon recorded an entire video taking apart the entire AI bubble\u2026 and the systemic risk that comes with Big Tech companies now spending trillions (yes, trillions) of dollars \u2014 much of it conveniently kept off their balance sheets \u2014 to try and somehow make the entire thing make sense.<\/p>\n
\n<\/a><\/figure>\n<\/div>\nGeorge likens these companies to someone earning $500,000\/year but spending like a drunken sailor (and burning through savings), while at the same time taking on a new 20-year, $10,000\/month apartment lease they haven\u2019t even started paying for (under the guise of \u201cinvesting in themselves\u201d).<\/p>\n
It\u2019s exactly the kind of stuff you see in the late stages of a credit cycle.<\/p>\n
Pour yourself a stiff drink, and watch the entire video\u00a0here<\/a>.<\/p>\n
\u00a0TICKING THE BOX<\/strong><\/h2>\n
![\"\ud83e\udd23\"](\"https:\/\/fonts.gstatic.com\/s\/e\/notoemoji\/17.0\/1f923\/32.png\"\/)
\u00a0WEEKLY HUMOUR<\/strong><\/h2>\n![\"\"](\"https:\/\/capitalistexploits.at\/wp-content\/uploads\/2026\/08\/venn.jpg\")
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