The Exponential Age: Liquidity Will Continue To Surge Into 2025 | Raoul Pal

This week Raoul Pal joins the show to discuss his exponential age thesis. We deep dive into why liquidity will resurge into H2 2024, why diversification is dead, financial repression, the fourth turning & how all these factors impact markets. Enjoy!
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Timestamps:
00:00 Introduction
02:17 The Liquidity Cycle
09:26 Trouble In Japan's FX Market
13:00 Mantra Ad
14:06 Financial Repression
15:43 Diversification Is Dead
20:12 The Age Of Debt
27:25 Permissionless Ad
28:06 The Crypto Thesis
39:28 The Banana Zone
46:10 Changing Your Investment Framework
48:55 The Fourth Turning
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Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.