Hello, fellow Rebel Capitalist. Hope you're well. I've got some big stuff to talk about.

I just got done talking to a world famous hedge fund manager. We actually spoke for about an

hour and a half. And I thought it would be interesting to go over the topics of the discussion

with the audience.

I think you guys would really get a kick out of it.

I can't reveal this person's name.

It's not Hugh Hendry.

It's not any of the guys I hang out with in St. Bart's.

This is someone else.

And we'll, what should we call him?

We'll call him Mike, I guess, for the sake of the conversation so mike was talking about his global macro views and what he sees happening not just in the united states but in the global

economy not just through 2025 but really for the next three to five years.

And what's, obviously, he's got a lot of insights that I will never have because he talks

to so many businesses and he's got all this intel that we just don't have access to.

But one of his really cool insights was from what he's hearing with a lot of

the businesses he's invested in as far as what is happening with their supply chains

and what is happening with their internal costs. So this really got the conversation going and kind of the intellectual juices flowing,

if you will.

And we started doing these thought experiments as to what would happen or what would

have happened in Japan with consumer price inflation if they

would have had a supply shock similar to what we saw during the surveys of sickness here in the

United States. Or looking at it a different way, what would have happened to the consumer

...