Global Liquidity Has Peaked: What Happens to Bitcoin? | Michael Howell

Global Liquidity Has Peaked: What Happens to Bitcoin? | Michael Howell

“Cycles have no respect for trends.”

Michael Howell is on the show to explain why global liquidity, not Bitcoin’s four-year cycle, is the force driving Bitcoin, gold and global markets.

Michael argues that the liquidity cycle has already peaked and may not bottom until the second half of 2027. He warns that tighter liquidity could create further downside before the next major monetary expansion begins.

We get into the five-to-six-year debt refinancing cycle, why central banks are ultimately forced to keep supplying liquidity, China’s influence on the gold market, the growing debt maturity wall, and why the “great debasement” of Western currencies may still lie ahead.

THANKS TO OUR SPONSORS:

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FOLLOW:

Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny

Michael Howell: https://substack.com/@capitalwars

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The Biggest Lie in Economics | Peter St Onge

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Capitalism Is Dead: The Rise of the AI Surveillance State | Erik Cason

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“I think the primary product that they’re the most interested in selling is AI psychosis.” Erik Cason returns to discuss why he believes American capitalism has already ended, how AI could accelera...

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AI Came for Bitcoin First | Jameson Lopp

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"The rest of the world, of course, should always have been paying attention to Bitcoin, but they should be paying attention to it for a very different set of reasons now because they’re next.” Jameson...

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Can AI Actually Grow America Out of Its Debt? | Jeff Ross

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“I think AI is officially too big to fail.” Jeff Ross returns to discuss why he expects an AI-led manufacturing boom in the US and how rising productivity could help America grow its way out of deb...

11 Syys 1h 4min

The US Is Long-Term Insolvent | Lyn Alden

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“We don’t really have the tools to deal with fiscal-driven inflation.” Lyn Alden returns to discuss why the US is entering deeper fiscal dominance, what the Treasury’s recent buybacks signal, and w...

8 Syys 1h 15min

Bitcoin & the $40 Trillion Debt Reckoning | Nik Bhatia

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“There is a reckoning. There is a point at which something has to be addressed.” Nik Bhatia returns to get into America’s $40 trillion debt problem, why the real danger is the share of tax revenue ...

3 Syys 1h 9min

The Everything Rally Is About to Begin | Joe Carlasare

The Everything Rally Is About to Begin | Joe Carlasare

“You could have a massive cycle here this time around that will shock people.” — Joe Carlasare Joe Carlasare is a commercial litigator, Bitcoiner and author of Unconfiscatable. In this intervie...

1 Syys 1h 10min

Bitcoin Will Never Have Another 80% Crash | Eric Yakes

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“Everything’s structurally changed.” Eric Yakes is back on the show to explain why Bitcoin may never suffer another 80% crash, and why the recent 50% drawdown could prove that the four year cycle i...

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