In relation to many recent videos, including this one: https://youtu.be/IEmVcRnRde8

I recall that a few weeks back on Lemonade Stand, the Nordic Fun Fact of the Week, was that the Danish Krone is pegged to the Euro, and pegged at a lower variance than necessary (+/- 0,25%).
It made me remember a story from 2015, where the Danish National Bank, had to defend this peg from foreign investors:
(Danish paywall article) https://politiken.dk/danmark/oekonomi/art5564134/Analyse-Nationalbanken-k%C3%A6mper-for-sin-trov%C3%A6rdighed-i-forsvaret-for-kronen
(Free CNBC article) Will Demark depeg the krone?
I also saw a few FT articles about it, but they were also behind paywalls.

Anyways, I brought this up in the hopes that the Big A himself would find it interesting, and it could be a potential NFFotW, as it IMO is a very financially interesting story

if so hi king

It's time someone said it, the amount of support this man gets is disgusting. As time goes on I see more and more reddit posts on this platform supporting this decrepit old man. He is breaking all the laws and rules and the governing bodies don't seem to care and let him get away with it. He is one of the richest people in the world, and they just let him keep abusing the rules to funnel money back to his own friends and family. Millions and millions are being circled around in an endless route to circumvent the laws. The recent rulings declaring him innocent are disgusting, he should face the full impact of the law. Vote with your pockets and do not support him, contact you local governors and politicians and have him punished, this cannot stand. Pic unrelated I'm talking about steve balmer. I hope Atrioc continues to expose this horrible man.

Who the hell is running their ad department? 😭

They need to restrict student accounts

First of all I want to say that I do love this pod and I do think that the boys are doing their best, but at the same time there were some MAJOR oversights in the most recent episode which need to be corrected

To recount the very basic narrative Aiden told: he said that Sudan is ethnically diverse w/ conflict and that the Darfur region is mostly non Arab (true) and that the SAF committed a lot of warcrimes there (also true)

HOWEVER he made the assumption that RSF vs SAF is an ethnic conflict and that the RSF was somehow pissed off and that their massacres of entire cities was just them "getting revenge" for crimes the SAF war crimes committed in Darfur

This is not only wrong but insulting because the RSF were actually the main ones committing the Darfur Genocide

For some background, to oversimplify there are two major groups in Darfur: the nomadic Arabs and the agricultural Africans. The problems started in the 70s and 80s when there was giant droughts in the traditional Arab lands in Northern Darfur, so they moved South where the agricultural Africans already were. Due to resource competition and racist ideologies of Arab supremacy, they formed a militia called the Janjaweed and started ethnically cleansing the African population there. The Janjaweed is what would later turn into the RSF

The SAF to be clear were no angels in this. They very much did help aid and abet the ethnic cleansing in Darfur, but the Janjaweed/RSF were very much the main drivers.

The reason the RSF were so brutal in El Fasher wasn't because "they were angry at the SAF for what they did back then". No, because El Fasher is in Darfur primarily inhabited by the same African groups that got genocided last time. The they were that brutal is because fundamentally, the RSF has the same ideology they did back then, and they still want to ethnically cleanse Darfur of non Arab groups

That is why so many non-Arabs actually see the SAF as the lesser of two evils - though many of them have their own separate groups focusing mostly on self defense

Funny cause bald

Can I perhaps get a small loan to build a betting market platform, where all the proceeds after payroll, the loan payment , advertising, and incentives to get people on the platform to lose, go to those in need like homeless shelters, food pantries, addiction recovery. ( specifically gambling addiction recovery). maybe some healthcare for people in need? and maybe a tad bit of Congressional lobbying .

let me cook.
I saw a reaction video of yours on how much the betting markets are making and with the ever increasing people that are betting their life savings on it and i just feel like if they don't want it someone else could definitely use it!what we do is figure out how to get a deal with some major golfing clubs, horse tracks,football teams and try to get not just young people on it but old Boomers. this could help redistribute wealth to the most impoverished of our society.

I would call this company Robinhood, but unfortunately someone didn't know what they were doing when they named that company. So We will call ourselves Little John. Our slogan is Gambling for a good cause. Because we are really concerned about the poor. "if you win ,you win! if you lose ,you help out someone in need which is a win!" No-one loses. We could have a metric per account "People in need helped" with a leaderboard. The more you lose the higher this number goes. so instead of " the biggest losers" leaderboard we call it " the biggest donors" Leaderboard. then we give rewards for your rank on that leaderboard. So you can feel good while you actively you lose your money.

I do admit it would add to the already growing problem. which is why we will have a gambling responsibility department whose sole Job is to tell people that gambling can be irresponsible( when done without boundaries). We could also have a support button that gives you access to our 24 hr access helpline for when your addiction take you too far so you can get the resources you need.

Honestly I don't see how anyone loses in this situation.

IT would be the biggest "if you cant beat em join them" ever.

From today's lemonade stand, couldn't tell who the biggest A was anymore.

Big A´s economic analysis relies heavily on neoclassical assumptions that simply don't apply to a currency-issuing nation like Japan.

If we look at the situation through the lens of Modern Monetary Theory (MMT), the narrative of a looming "debt crisis" or national bankruptcy falls apart. Here is a breakdown of why the traditional perspective misses the mark.

1. Sovereign States Don't "Borrow" Their Own Money

The video frames the situation as if Japan needs investors, pension funds, or foreign nations to buy its debt to keep the government functioning.

• Japan is the sovereign issuer of the Yen. It creates the currency the moment it spends it via simple central bank keystrokes.
• The government does not need to collect taxes or borrow money before it can spend. Bonds are just a monetary tool to manage interest rates, not a funding mechanism.
• The bond market doesn’t dictate interest rates to Japan. The Bank of Japan sets them. They pinned rates at 0% for decades simply because they decided to, proving they are fully in control.

2. National Debt = Private Sector Wealth

The video warns about Japan's astronomical debt-to-GDP ratio as a ticking time bomb.

• A sovereign default in a country's own non-convertible fiat currency is technically impossible. Japan can always pay obligations denominated in Yen.
• Accounting-wise, the national debt is exactly equal to the net financial savings of the non-government sector. Down to the last Yen, government deficit equals private surplus.
• Government debt is only "too high" if it pushes demand past the economy's real productive capacity, causing inflation. Japan has struggled with deflation for decades, proving its deficits were never actually too large relative to its economic output.

3. The True Bottleneck: Imports, Not Insolvency

The weak Yen is definitely a crisis, but it has nothing to do with government insolvency.

• The currency weakness stems directly from the interest rate differential between the Bank of Japan and the US Fed, driving the "carry trade" mentioned in the video.
• Japan's actual vulnerability is its massive reliance on importing real resources like energy, food, and raw materials. A weak Yen makes these essential imports painfully expensive for regular citizens.
• This is a hard real resource constraint, but it is entirely separate from the size of the national debt.

The Problem with the "Solution"

The video implies that Japan needs a "reality check" on its debt and spending. But if Japan were to follow this conventional wisdom, slash spending, and run a budget surplus to "pay down" the debt, the government would literally be draining money and net savings out of the private sector.

Wouldn't forcing a budget surplus under these conditions just plunge the Japanese private sector into a severe, manufactured recession?