The tweet was deleted by the author.
But we saved everything 🙂.
Adam Livingston highlights his perspective on current financial challenges facing the U.S. economy. He points out that government deficits have reached trillion-dollar levels, comparing their scale to personal overspending.
Livingston also notes the fragility of banks holding so-called 'safe assets' that can dramatically lose value with minimal interest rate changes. Additionally, he observes that grocery costs have risen so sharply they now resemble historic dowry values, while the Federal Reserve's crisis measures revolve around money creation.
Livingston previously drew attention to financial pressures on the American middle class, citing stagnant wages and limited returns on savings in a recent report. He has also examined market valuation questions around assets such as SATA, which consistently traded at $100 par with a 13% yield and Bitcoin payout, as noted in a separate article. These issues add context to his current focus on deficits, banking risks, and rising consumer prices.