What Bitcoin Did, Released on 10/10/22
Lyn Alden is a macroeconomist and investment strategist. In this interview, we discuss the recent market turmoil that followed the UK government’s proposed tax cuts. Why did the market reaction nearly result in the collapse of UK pension funds? What are the underlying issues? Where are we heading?
00:00:00 Lyn’s working on a book
00:01:48 UK’s toxic combo: high debt + inflation
00:14:35 Japan’s & Abenomics; could the UK default?
00:22:34 Pension funds, leverage & sovereign debt
00:26:42 Global currency weakness vs the dollar
00:34:00 Echoes of 1940s but with energy shortages
00:43:37 Risks of pivoting into the dollar
00:50:06 The importance of low energy costs
Lyn Alden is the founder of Lyn Alden Investment Strategy. Lyn has a bachelor’s degree in electrical engineering and a master’s degree in engineering management, with a focus on engineering economics and financial modeling. She worked as an electrical engineer at an aviation facility, and over the course of a decade worked her way up from being an intern to being the lead engineer and running the day-to-day operations and finances of the facility, before retiring early at age 33 with financial independence. Since then, Lyn has been a full-time investor and independent analyst.