Crisis – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Thu, 11 Sep 2025 09:07:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Crisis – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Charlie Kirk shooting: Conservative activist’s killing is crisis for democracy https://earlybirdsinvest.com/charlie-kirk-shooting-conservative-activists-killing-is-crisis-for-democracy/ https://earlybirdsinvest.com/charlie-kirk-shooting-conservative-activists-killing-is-crisis-for-democracy/#respond Thu, 11 Sep 2025 09:07:31 +0000 https://earlybirdsinvest.com/charlie-kirk-shooting-conservative-activists-killing-is-crisis-for-democracy/

Charlie Kirk, one of America’s leading conservative activists and a close friend of President Donald Trump’s son Don Jr., has been murdered. We do not yet know who did it, or why. We do not know how the Trump administration will respond.

What we do know, however, is that there are good reasons to be afraid.

When a prominent political figure is assassinated, the very foundations of democracy come under attack. Democratic politics is, at its heart, a system for containing political violence: a system for resolving the inevitable deep disagreements between citizens without anyone resorting to bloodshed. It works when all major factions believe that the others are committed to following the rules of the peaceful political game; when that belief erodes, it breaks down.

In the past, the American democratic consensus has been strong enough to survive assassination attempts. Some, like the murder of Martin Luther King Jr., tested its bonds but didn’t break them. Others, like the assassination of John F. Kennedy Jr., may actually have strengthened them by creating a sense of shared grief and solidarity.

But now the American political system is crumbling, and many of its tools for containing political violence lie shattered. This probably will not be the event to break America, but we have to consider the possibility that it may be.

Our democratic decline has progressed considerably in the past year.

The democratic compact today is undeniably weak. The two major parties and their supporters increasingly see each other not as partners, but existential threats to one another’s way of life. Political scientists Lilliana Mason and Nathan Kalmoe have shown that, while few Americans outright support political murder, a growing fringe in both parties have become open to using violence against their partisan enemies.

Under conditions of extreme polarization, when the guardrails of mutual democratic toleration are blown to bits, it is all too easy to see how things could spiral out of control. Leading right-wing figures are not only already prematurely blaming the attack on “the Democrat party,” but also calling for law enforcement crackdowns on liberals and leftists as a group. If Trump acts on these calls, it would further damage the democratic respect that stands between us and the abyss. Future rounds of political violence would become increasingly more likely. Violent breakdown of the democratic order would loom.

How likely is any of that? I’m not sure.

Think back to when Trump was shot on the campaign trail last summer. Nearly everything that I’ve just said about the fraying of the democratic order was true then, right down to top Trump allies immediately, and without evidence, blaming the left. Yet the assassination attempt did not inspire a wave of attacks, nor did it imperil the democratic process.

Something similar could happen this time around too. There may be neither copycat nor retaliatory attacks, and the Trump administration may not ultimately use this as a justification to crack down on its political enemies. This would fit a historical pattern: As the political scientist Dan Trombly points out, America has long had much lower levels of political violence than you’d expect given the prevalence of guns and deep partisan animosities.

But I also think it’s undeniable that our odds of something going wrong are worse now than they were last year.

This is partly because we’re dealing with an assassination — a horrific murder — rather than a near miss. It’s partly because we do not yet know the shooter’s identity: Had the Trump shooter been clearly politically motivated, 2024 could have gone much worse than it did.

But it’s also because our democratic decline has progressed considerably in the past year.

It is undeniably true that Trump has undermined the nonpartisan structure of the American state, concentrating power in his own hands — including over law enforcement and the military. Democrats have, as result, become increasingly less confident that the democracy will survive his presidency — that they can trust Republicans to abide by the rules of the game. There has never, January 6 included, been a more dire moment for the modern American republic than the second Trump administration.

So I cannot be confident that things will turn out the way they did last summer. It is possible that they do. Under normal circumstances, I would be confident that they will.

But I cannot be. Our system is too decayed, too shot through with mutual distrust, to count on democratic faith to get us out of this one.

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XRP Lands in Times Square, Bitcoin Bull Dalio Sees Dollar Crisis Ahead, 617% for Dogecoin in Liquidation Imbalance — Crypto News Digest https://earlybirdsinvest.com/xrp-lands-in-times-square-bitcoin-bull-dalio-sees-dollar-crisis-ahead-617-for-dogecoin-in-liquidation-imbalance-crypto-news-digest/ https://earlybirdsinvest.com/xrp-lands-in-times-square-bitcoin-bull-dalio-sees-dollar-crisis-ahead-617-for-dogecoin-in-liquidation-imbalance-crypto-news-digest/#respond Thu, 04 Sep 2025 14:10:39 +0000 https://earlybirdsinvest.com/xrp-lands-in-times-square-bitcoin-bull-dalio-sees-dollar-crisis-ahead-617-for-dogecoin-in-liquidation-imbalance-crypto-news-digest/

XRP goes big in New York

The top U.S. exchange, Gemini, is making the most of its XRP product with a new billboard in the heart of the Big Apple.

  • “Spend Dollars, Earn XRP.” That is the message behind the exchange’s massive new billboard in the USA’s biggest city.

Founded by the Winklevoss brothers, the U.S. cryptocurrency exchange has really upped its advertising game for its new XRP card, launched earlier this week. As U.Today reported, this helped Gemini briefly overtake its biggest competitor, Coinbase, on Apple’s App Store.

  • Success is questionable. Gemini cards received a mixed response from the XRP community.

Some XRP enthusiasts criticized Gemini’s solution for not really bringing anything new to the table. Despite the negativity, a bunch of Ripple executives and CEO Brad Garlinghouse in particular were not against showing off their XRP cards, which were launched in partnership with the enterprise blockchain company.

Ignoring the backlash from the community, the latest ad campaign shows that Gemini is serious about staying competitive in the U.S. crypto exchange market and sees XRP as a valuable asset in its efforts to compete with Coinbase, Kraken and Binance U.S.

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Star investor Ray Dalio reveals why crypto is real alternative to dollar

The hedge fund veteran says the clock is running out on what he calls the “big debt cycle.” Interestingly, cryptocurrencies — Bitcoin in particular — are at the center of attention, just as Satoshi Nakamoto designed it to be in 2008.

The star investor points to crossroads. If banks step back, it will be the natural market forces that push interest rates higher. That could cool inflation. But it would push households and companies into default as debt would become harder to carry.

The flip side is printing more money through quantitative easing, which might keep the system alive but chips away at trust in fiat, and Dalio warns of a loop where rising debt forces even more money creation, eating into the dollar’s credibility as a safe store of wealth.

He still prefers gold but is also open to crypto, recently saying up to 15% of a portfolio could go into Bitcoin or gold for the best risk-return mix. Some may see it as a far cry from his earlier stance, but the sign that hard-capped assets like BTC are moving up the ladder in Dalio’s playbook is evident.

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Dogecoin rockets 617% in liquidation imbalance as DOGE bulls take $7 million hit

Dogecoin, the “meme coin king,” has started September with $8.11 million in liquidations, hitting bulls the hardest as the DOGE price plunges back to 21 cents.

  • What happened? A whopping $8.11 million in liquidations were accounted for by Dogecoin in the last 24 hours, with $6.98 million coming from longs, while shorts lost just $1.13 million — a stunning 617% liquidation imbalance.

According to CoinGlass, this DOGE wipeout was part of a wider $371 million flush-out across the entire crypto market. It was the long positions that suffered the most, showing how fragile all the optimism was. In an evident display of how risky leverage can be in historically choppy September conditions, bulls took the biggest hit.

As market analysts point out, the $0.208 zone has been tested five times and is now seen as a critical support level for the coin. On the upside, $0.225 — a price that lines up with the 50-day moving average — stands as the first major resistance. If Dogecoin breaks above that, a stronger recovery might be in the cards. But there’s a chance that if it keeps being rejected, there could be more selling pressure.

  • September promises to be busy. Usually, this month is one of the weakest for crypto, but will 2025 be any different for Dogecoin?

There are quite a few checkpoints that might have the answers you are looking for. The first thing to watch is the Federal Reserve’s policy meeting on Sept. 16-17, which is likely to have a big impact on crypto prices.

With the big picture still looking totally uncertain, it seems like Dogecoin’s next big move might have more to do with how global markets react to the Fed’s message than how much retail investors are feeling it.

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Will Bitcoin Miner’s second grant resolve that looming security crisis? https://earlybirdsinvest.com/will-bitcoin-miners-second-grant-resolve-that-looming-security-crisis/ https://earlybirdsinvest.com/will-bitcoin-miners-second-grant-resolve-that-looming-security-crisis/#respond Tue, 26 Aug 2025 17:38:10 +0000 https://earlybirdsinvest.com/will-bitcoin-miners-second-grant-resolve-that-looming-security-crisis/

I’ve read a lot of articles recently about the challenges of Bitcoin subsidies, and they really drive how the halving and shift to BTC is putting pressure on miners’ incentives and network security as a valuable store. The next half is on the horizon, and it is clear that this is becoming a bigger problem. This is becoming a bigger problem, especially as centralization grows, as miners can struggle to keep their networks safe.

I’ve been thinking about this myself, and it’s particularly appealing to observe the development of ideas, such as linking rewards, by testing this technology recently in ant pool. I think the extra layers will be able to maintain decentralization, especially with the recent 51% attacks on Monero acting as wake-up calls. For more information, see https://medium.com/@marqs90/bitcoins-security-budget-dilemma-an-novative-fix-emerging-from-the-shadows-e51309201f8df8d.

What do you all think? Will a second grant or similar approach help strengthen Bitcoin security in the long term, or are we heading towards a major challenge ahead?

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‘Debt Is Our Greatest Threat’ – Ex-House Speaker Says Next US President To Experience Debt Crisis As Borrowing Explodes $519,056,779,000 in 25 Days https://earlybirdsinvest.com/debt-is-our-greatest-threat-ex-house-speaker-says-next-us-president-to-experience-debt-crisis-as-borrowing-explodes-519056779000-in-25-days/ https://earlybirdsinvest.com/debt-is-our-greatest-threat-ex-house-speaker-says-next-us-president-to-experience-debt-crisis-as-borrowing-explodes-519056779000-in-25-days/#respond Thu, 31 Jul 2025 17:23:36 +0000 https://earlybirdsinvest.com/debt-is-our-greatest-threat-ex-house-speaker-says-next-us-president-to-experience-debt-crisis-as-borrowing-explodes-519056779000-in-25-days/

The former US House of Representatives Speaker, Kevin McCarthy, is warning that the national debt is nearing a crisis situation.

In a new interview on CNBC’s Squawk Box, the Republican politician says that the next US president will have to start reducing government spending as borrowing continues to soar, threatening the dollar’s global dominance.

The US debt just ballooned by more than $519 billion between July 3rd and July 28th, reaching a total of more than $36.8 trillion.

“Your real question is, how do you keep the dollar the world currency? I think the more that we go in and sanction we’re pushing countries to learn to go around the dollar. I think President Trump has done a very smart move against the BRICS, what they were trying to do. But it all comes down to debt. That’s why debt is our greatest threat to America, and you cannot avoid it any longer.”

McCarthy says that if the next president doesn’t materially address the debt, then significant safety net programs like Social Security may face deep cuts.

“The next President is going to have the debt crisis… and the challenge is, if you look in the past, the Democrats had the ‘Blue Dog.’ Those were Democrats who cared about debt. They’re no longer there. No one in Congress has been elected saying they’re going to balance the budget. The country has to be educated on this, and Congress is going to have to act, because Social Security in the next administration is either going to take a 24% cut or [it will] do something about it.”

 

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Daily time frame says XRP prices are on the breakout crisis https://earlybirdsinvest.com/daily-time-frame-says-xrp-prices-are-on-the-breakout-crisis/ https://earlybirdsinvest.com/daily-time-frame-says-xrp-prices-are-on-the-breakout-crisis/#respond Fri, 13 Jun 2025 15:31:02 +0000 https://earlybirdsinvest.com/daily-time-frame-says-xrp-prices-are-on-the-breakout-crisis/

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The soccer price for the Lion and Player is soft. I hate each of my arcu lorem, ultricy kids, or ullamcorper football.

The price of the XRP could be preparing for its biggest gathering. Breakouts that could cause this altcoin to skyrocket. After weeks of stabilization and momentum building, XRP is now Key Resistance Level Testsuggesting a surge that could potentially exceed $2.33.

XRP Prices are prepared for a massive breakout

Dark Defender, X (formerly Twitter) Crypto analyst It was revealed Recent analysis shows that XRP appears to set the stage for a significant price shift, and its everyday charts show potential for an upward breakout. rear Consolidation Week Under the downward trend, Altcoin is now approaching a critical level that, if confirmed, could become a trigger point for rapid momentum growth.

Related readings

Currently, in the daily time frame, XRP shows that it consistently tests long-term downtrend lines Refusing to move upwards Since early 2025, this level of resistance, clearly marked on analysts’ charts, has just surpassed $2.3. Dark Defender shows that daily candles above $2.33 can effectively negate downtrends and may indicate breakouts that could lead to further rises.

XRP
Source: Dark Defender of x

Especially the day for the analyst XRP Price Chart It shows an explosion towards a new high of $3.39, a level not seen since the 2018 Bull Cycle. With XRP currently trading at $2.1, the successful rally to this bullish target represents an impressive 61.43% spike in value. It’s not just that movement Split XRP from the current integration Not only the phase, but also the emergence of a sustained upward trend. Plus, if momentum continues, the price level is even higher so you can set the stage.

RSI and EMA signals protect XRP bullish papers

Supporting Dark Defender’s technical analysis and bullish scenarios in XRP price Rising relative strength index (RSI)has broken above the downward trend and continues to increase. This shift suggests that XRP is gaining momentum Let the buyers finally regain control.

Related readings

Furthermore, the analysis shows that price action is above the main exponential moving average (EMA), which is beginning to curl upwards, indicating that market trends are in favor of bulls. however One-sided cloud technical indicator Not visible on the charts, the dark defender is expected to turn bullish soon, and says it is expected to further strengthen XRP’s bullish paper.

In combination with the support held above 200 Days of EMAXRP, highlighted by the blue lines on the chart, appears to be in the preferred technology zone. If the price action matches the analyst Prediction setup And it could somehow manage to get the candles to go above $2.33, marking the beginning of a stronger uptrend. Dark Defender too Note The “XRP Pansou pressure” is rapidly intensifying, further increasing the potential strength of future bullish waves.

XRP
XRP trading for $2.1 on 1D chart | Source: XRPUSDT on cordingView.com

Getty Images Featured Images, Charts on tradingView.com

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What does a millennial midlife crisis look like? https://earlybirdsinvest.com/what-does-a-millennial-midlife-crisis-look-like/ https://earlybirdsinvest.com/what-does-a-millennial-midlife-crisis-look-like/#respond Tue, 03 Jun 2025 21:53:48 +0000 https://earlybirdsinvest.com/what-does-a-millennial-midlife-crisis-look-like/

Traditionally, if perhaps erroneously, our idea of a midlife crisis has long involved an older man leaving behind his home and family life for a red sports car, a too-young girlfriend, and perhaps some kind of hair dye, if not a hairpiece. This midlife crisis means trading away the parts of one’s life for something newer and younger. The only thing this archetypal man can’t trade in, of course, are the years he’s already lived.

In reality, that kind of implosion fantasy doesn’t resonate with many people. No one wants to be the guy who can’t see his own desperation, flailing against his own mortality. If a guy is indeed that guy, he wouldn’t allow himself to realize it. And it especially doesn’t ring true to millennials, now entering their 40s, the time when issues of having lived half your life traditionally start to arise. This is a generation that often can’t afford the home or family life to throw away, never mind the new sports car; one that grew up hyperconscious about mental health and the benefits of therapy, encouraged self-expression and open discussion about relationships, and found value in experiences.

Millennial lives don’t look like boomer or even Gen X lives, and neither do their midlife crises.

While in years past the midlife crisis might have been fueled by a dawning reaction to one’s own mortality, for new 40-somethings, it’s more like a progress report. For one thing, the stability that previous generations found stifling can be hard to find. Many are looking for an opportunity — a fitness journey, a new career, a personal awakening that might involve tattoos — instead of something necessitating an intervention.

What remains, however, is that creeping reality that we only have one life to live. It can’t help but feel a little like dying.

Fully understanding the midlife crisis means deconstructing the ideas about what it looks like. Which is to say: The rug-wearing, skirt-chasing, Lamborghini jerk we all know and fear was always largely a myth.

“The thing about those stereotypes is that they’re not actually very common. People don’t actually abandon their spouses and buy red sports cars because of a midlife crisis,” says Hollen Reischer, a professor at the University at Buffalo who studies how people find meaning in their life experiences.

Though Reischer assures me that there are no historic statistics that show a spike in red sports car purchases with a direct relationship to divorce rates, she explains that the urban legend is important for a different reason. Midlife crisis stereotypes like that guy or, as Reischer points out, the fear-mongering myth of the menopausal woman condemned to a life waving off hot flashes in front of her fridge allow us to project and obliquely explore our fears of getting older. Those include fears about how we’re perceived and what we might lose along with our youth: beauty, value, potential, health.

We know how we don’t want to age, but aren’t totally sure how we do.

To some degree, that’s the problem Sam, 42, is facing. In the last four years, Sam — who Vox is referring to by a pseudonym so she can speak frankly about her experience — has come out as bisexual, changed careers, and gotten a bunch of tattoos.

But the changes in her life weren’t always welcome. During the pandemic lockdowns, her marriage ended, and she was laid off from her job, prompting these larger shifts.

Sam describes changes in her life — a new relationship with a woman, a more secure job that doesn’t make her feel “like garbage” the way her previous career did, an apartment where she lives alone, five tattoos in the last six months — as positive, but she has some uneasiness. “It’s just really hard to find a feeling of being settled,” she explains. She’s coming to terms with not just her age, but the political climate she’s living in, her parents getting older, the lingering fear that she didn’t hit the milestones she had envisioned for herself, and an uncertain future.

“Maybe that’s where the crisis comes in. … Sometimes it makes me feel kind of — bummed isn’t the right word, but just wistful.”

“I think I’m happier because I’m not hiding parts of myself anymore and I’m acknowledging who I am fully,” Sam tells me. “But I also can’t say that the stability of marriage, kids, and all of that stuff, isn’t appealing still, and maybe that’s where the crisis comes in. … Sometimes it makes me feel kind of — bummed isn’t the right word, but just wistful, I guess.”

Even if millennials like Sam see opportunity in midlife, that doesn’t mean it comes without doubts or longing for security. Being able to admit that is part of Sam’s process, as is being optimistic about the future.

“In 10 years, I think I’ll probably feel more satisfied with where I am than where I was like when I turned 40,” she tells me, explaining that the support from her circle of friends — some of whom are queer, some of whom don’t have kids, and some who are on a similar life path — has made navigating part of her life easier.

“It’s an ongoing journey, and even though I feel like I look back at the past a lot, I also am trying to keep an open mind about what’s coming,” Sam adds.

As Sam indicates, there are some outside factors impacting the millennial midlife crisis, including the economy. Most of the cohort entered the workforce in, around, or following the financial collapse of 2008, only to be hit again by the Covid 2020 recession, and now join the ranks of the middle-aged in whatever kind of economy we’re facing in 2025. That might be why, according to a 2024 study from the Thriving Center of Psychology, 81 percent of millennials polled said they couldn’t “afford” to have a midlife crisis. It may also explain why so many millennials don’t feel like they hit adulthood milestones, which often involve large purchases if not total financial stability.

Financially secure or not, though, at a certain time in our lives, knees and lower backs do begin to ache. Parents get older. So do children, for those who have them. Responsibilities and expectations pile up, and aspirations get more urgent or complicated. Perhaps the idea of making millions of dollars at a dream job seems more like an impossibility than it did 10 years ago. All of these factors make the transition to midlife real, frighteningly so. And shifts in everything from the economy to our lifestyle to our life expectancy mean that the experience has changed.

Chip Conley, an entrepreneur, author, and the founder of the Modern Elder Academy, which focuses on reimagining midlife as a positive transition, explained to me that the notion of the midlife crisis was born mainly out of fears of mortality. But as time has passed and people live longer, the “crisis” doesn’t feel so terrifying or set in stone. Millennials, he says, have benefited from that outlook.

“Millennials have taken a ‘path less traveled’ mentality to their lives,” Conley tells me.

Compared to generations before them, millennials have had more options to shape how their lives will unfold. Whether it’s taking a gap year, going to grad school, waiting to get married, taking more time to have children, or not having children at all, millennials have been less locked in than previous generations when it comes to what their adult lives should look like.

“Boomers and maybe even Gen X-ers, there was this sense that you’re supposed to live your life based upon this set of rules — your parents’ set of rules.” Conley says. “I don’t think that there’s this feeling where millennials are waking up one day and saying, Whose life is this?

That isn’t to say that millennials haven’t been dealt some unfortunate hands, particularly when it comes to wealth (millennials’ retirement prospects compared to older generations look not so great), or that millennials are immune to expectations or material envy. But if they do wake up with that realization, millennials might be more equipped to handle it in a healthy way than previous generations.

For some, it’s literally fitness.

James McMillian has seen his fair share of millennial midlife crises turn into fitness journeys. McMillian is the chief innovation officer at Tone House, where he and his fellow coaches offer training for HyRox, an extreme fitness race that’s seemingly inspired by gulags.

McMillian says that though HyRox — which features eight ultra-challenging lifting events coupled with eight kilometers of running — is open to a wide age range (he’s seen participants in their 70s), one of the most popular age ranges is 35 to 39.

“We can’t control our careers. We can’t control our relationships. But when you’re training or when you’re doing fitness, that is something — one of the rare things — you can control,” McMillian says. So much of millennial life has been dictated by circumstance, and wellness is one thing that’s in their own hands.

“This is their chance to become an athlete,” McMillian adds.

Kate Lahey, a six-time HyRox participant in her 30s, is one of those athletes, and she confirms that she gets a sense of growth and control from the workout. “I mean, it’s definitely or at least a little bit of death — I die every time I do it,” Lahey tells me. “I see my body change. I see myself getting healthier and these competitions — my growth year over year, making new friends year over year, my daily workouts — that’s my journey.”

For many millennials, a midlife crisis involves reevaluating their careers. Being tethered to your job is perhaps one of the more old-fashioned things about the supposedly open-minded generation. But as Elise Hu, the co-host of the self-care Forever35 podcast tells me, it makes sense because millennials have been told, over and over, to work hard.

“Culturally, there was this real sense that you were supposed to just work harder — just work your way out of it,” Hu says, referring to graduating into the Great Recession of 2008. At the time, just having a paying job meant you should consider yourself lucky, and just a few years later, many millennial women were told to “lean in” and climb the ladder. Whatever hardship life contained, putting your head down and working was going to be the best way to conquer it.

It’s only natural that, after all these years of working hard and not having much to show for it, the question would arise: Where did all the years of labor go? Was it worth it? Did any of it make us happy?

“Covid was a real reckoning, right?” Hu asks. “Because it was like, Oh, wait, I don’t have to be doing things and hustling all the time.”

Julie Bogen, 33, a former audience editor (and, full disclosure, a former Vox employee) and now a freelance writer, thought so. She tells me that the compounding factors of the pandemic, having a child, and working from home full-time all culminated in her experiencing burnout around the 2024 election. “I was fucking drowning,” Bogen says.

Her job, in particular, had become a complication. “There’s a lot in my life that’s really, really important to me, and it got really hard for me to make myself prioritize things like analyzing the Instagram algorithm,” Bogen says, noting that The 19th, the news organization she worked for, gave her the grace and support she needed while making the decision to step away.

She explains that while she felt equipped and empowered to quit her job, she is still working to organize her life around the things in life that make her happy, including her children, learning how to cook, barre, and getting bylines at more publications.

“It doesn’t feel like I blew up my life — it feels like I took a really big risk,” Bogen says, acknowledging that her family is “really lucky.” “I think the hard part is like, getting from A to B for me, where it was like, I made this choice, I feel good about this choice, and now I have to make some decisions about what’s next.”

Looking at midlife and older adulthood as an opportunity rather than a “crisis” is something that can benefit anyone, Reischer, the professor at Buffalo, says. In her work, she studies how humans understand their own life experiences and how that shapes their connection to their own identity. Seeing life as an open-ended tale and ongoing narrative can help make us satisfied, more realized, more mentally healthy people, especially later in adulthood — even if something feels unsure or uncertain in the moment. It’s all part of our bigger life story.

“If you’re not acknowledging where you are, it’s very hard to get to the next place.”

“It allows you to say, this is where I am now and I know this is where I want to go,” Reischer says. “If you’re not acknowledging where you are, it’s very hard to get to the next place.”

That “next place” is where Patrick Drislane, a 39-year-old teacher, already has in his sights. Drislane talked to me about how the millennial midlife crisis has felt uniquely disorienting. From financial setbacks, to social media, to being governed by boomers, it all feels like we’re in a “generational waiting room,” Drislane says.

Even though Drislane followed the formula his and so many other parents taught their kids — school, then college, then a job, and then saving money — it never felt as though those things led him to the same milestones his parents achieved. That might be the defining trait of the millennial midlife crisis: learning to accept that our lives don’t look like the ones our parents had.

During his crisis, Drislane has been planning and mapping out his future. In 10 years, he thinks he’ll have saved enough to retire from teaching and pursue a different career on his own terms. He doesn’t know what that’ll be — but it’s the prospect of it being his decision that excites him. Ideally, he’d like to own a home, preferably a small place in the Catskills.

“I know what it feels like to live 40 years, and that’s what I have left,” Drislane tells me. “How can I figure out who I am without giving up my integrity, without giving up my values. How can I make the most of that? That’s the sports car I want.”

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Newark and the crisis in American air travel, explained https://earlybirdsinvest.com/newark-and-the-crisis-in-american-air-travel-explained/ https://earlybirdsinvest.com/newark-and-the-crisis-in-american-air-travel-explained/#respond Mon, 02 Jun 2025 08:20:27 +0000 https://earlybirdsinvest.com/newark-and-the-crisis-in-american-air-travel-explained/

Air travel is such a common part of modern life that it’s easy to forget all the miraculous technology and communication infrastructure required to do it safely. But recent crashes, including near Washington, DC, and in San Diego — not to mention multiple near misses — have left many fliers wondering: Is it still safe to fly?

That concern is particularly acute at Newark Liberty International Airport in New Jersey, which has recently experienced several frightening incidents and near misses in as radio and radar systems have gone dark. This has left an under-staffed and overworked group of air traffic controllers to manage a system moving at a frenetic pace with no room for error.

Andrew Tangel, an aviation reporter for the Wall Street Journal, recently spoke to Jonathan Stewart, a Newark air traffic controller. In early May, Stewart experienced a brief loss of the systems showing him the locations of the many planes was directing. When the systems came back online, he realized there’d almost been a major crash.

According to Tangel, Stewart “sent off a fiery memo to his managers, complaining about how he was put in that situation, which he felt he was being set up for failure.” Stewart now is taking trauma leave because of the stresses of the job. After many delayed flights, United Airlines just announced that it will move some of its flights to nearby John F. Kennedy International Airport.

To understand how we arrived at our current aviation crisis, Today, Explained co-host Sean Rameswaram spoke with Darryl Campbell, an aviation safety writer for The Verge.

Below is an excerpt of their conversation, edited for length and clarity. There’s much more in the full episode, so listen to Today, Explained wherever you get your podcasts, including Apple Podcasts, Pandora, and Spotify.

You recently wrote about all these issues with flying for The Verge — and your take was that this isn’t just a Newark, New Jersey, problem. It’s systemic. Why?

You’ve probably seen some of the news articles about it, and it’s really only in the last couple months because everybody’s been paying attention to aviation safety that people are really saying, Oh my gosh!

Newark airport is losing the ability to see airplanes. They’re losing radar for minutes at a time, and that’s not something you want to hear when you have airplanes flying towards each other at 300 miles an hour. So it is rightfully very concerning. But the thing is, what’s been happening at Newark has actually been happening for almost a decade and a half in fits and starts. It’ll get really bad, and then it’ll get better again.

Now we’re seeing a combination of air traffic control problems; we’re seeing a combination of infrastructure problems, and they’ve got a runway that’s entirely shut down. And the way that I think about it is, while Newark is its own special case today, all of the problems that it’s facing, other than the runway, are problems that every single airport in the entire country is going to be facing over the next five to 10 years, and so we’re really getting a preview of what’s going to happen if we don’t see some drastic change in the way that the air traffic control system is maintained.

We heard about some of these issues after the crash at DCA outside Washington. What exactly is going on with air traffic controllers?

The first problem is just one of staff retention and training. On the one hand, the air traffic control system and the people who work there are a pretty dedicated bunch, but it takes a long time to get to the point where you’re actually entrusted with airplanes. It can be up to four years of training from the moment that you decide, Okay, I want to be an air traffic controller.

Couple that with the fact that these are government employees and like many other agencies, they haven’t really gotten the cost-of-living increases to keep pace with the actual cost of living, especially in places like the New York and New Jersey area, where it’s just gone up way faster than in the rest of the country.

This is bad at Newark, but you say it promises to get bad everywhere else too.

The cost of living is still outpacing the replacement level at a lot of these air traffic control centers. And the washout rate is pretty high. We’ve seen the average staffing level at a lot of American airports get down below 85, 80 percent, which is really where the FAA wants it to be, and it’s getting worse over time.

At Newark in particular, it’s down to about 58 percent as of the first quarter of this year. This is an emergency level of staffing at a baseline. And then on top of that, you have — in order to keep the airplanes going — people working mandatory overtime, mandatory six-days-a-week shifts, and that’s accelerating that burnout that naturally happens. There’s a lot of compression and a lot of bad things happening independently, but all at the same time in that kind of labor system that’s really making it difficult to both hire and retain qualified air traffic controllers.

These sound like very fixable problems, Darryl. Are we trying to fix them? I know former reality TV star and Fox News correspondent — and transportation secretary, in this day and age — Sean Duffy has been out to Newark. He said this: “What we are going to do when we get the money. We have the plan. We actually have to build a brand new state-of-the-art, air traffic control system.”

To his credit, they have announced some improvements on it. They’ve announced a lot of new funding for the FAA. They’ve announced an acceleration of hiring, but it’s just a short-term fix.

To put it in context, the FAA’s budget usually allocates about $1.7 billion in maintenance fees every year. And so they’ve announced a couple billion more dollars, but their backlog already is $5.2 billion in maintenance. And these are things like replacing outdated systems, replacing buildings that are housing some of these radars, things that you really need to just get the system to where it should be operating today, let alone get ahead of the maintenance things that are going to happen over the next couple of years. It’s really this fight between the FAA and Congress to say, We’re going to do a lot today to fix these problems.

And it works for a little while, but then three years down the road, the same problems are still occurring. You got that one-time shot of new money, but then the government cuts back again and again and again. And then you’re just putting out one fire, but not addressing the root cause of why there’s all this dry powder everywhere.

People are canceling their flights into or out of Newark, but there are also all these smaller accidents we’re seeing, most recently in San Diego, where six people were killed when a Cessna crashed. How should people be feeling about that?

There’s really no silver bullet and all the choices are not great to actively bad at baseline. Number one is you get the government to pay what it actually costs to run the air traffic control system. That empirically has not happened for decades, so I don’t know that we’re going to get to do it, especially under this administration, which is focused on cutting costs.

The second thing is to pass on fees to fliers themselves. And it’s just like the conversation that Walmart’s having with tariffs — they don’t want to do it. When they try to pass it on to the customer, President Trump yells at them, and it’s just not a great situation.

The third option is to reduce the number of flights in the sky. Part of this is that airlines are competing to have the most flights, the most convenient schedules, the most options. That’s led to this logjam at places like Newark, where you really have these constraints on it. Right before all of this stuff happens, Newark was serving about 80 airplanes an hour, so 80 landings and takeoffs. Today, the FAA’s actually started to admit restrictions on it, and now it’s closer to 56 flights an hour, and that’s probably the level that it can actually handle and not have these issues where you have planes in danger.

But no airline wants to hear, Hey, you have to cut your flight schedule. We saw that with United: Their CEO was saying that the air traffic controllers who took trauma leave had “walked off the job,” which seemed to suggest that he didn’t think they should be taking trauma leave because you have to have more planes coming in. That’s a competitive disadvantage for him, but you also have to balance safety. It’s difficult to understand. It costs a lot of money to fix. This is your textbook “why governments fail” case study and it’s not really reassuring that in 24 hours I’m going to be in the middle of it again, trying to fly out of Newark.

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JPMorgan Chase CEO Warns US Bond Crisis Coming After Massive Money Printing, Says Regulators Will Panic https://earlybirdsinvest.com/jpmorgan-chase-ceo-warns-us-bond-crisis-coming-after-massive-money-printing-says-regulators-will-panic/ https://earlybirdsinvest.com/jpmorgan-chase-ceo-warns-us-bond-crisis-coming-after-massive-money-printing-says-regulators-will-panic/#respond Sat, 31 May 2025 20:20:11 +0000 https://earlybirdsinvest.com/jpmorgan-chase-ceo-warns-us-bond-crisis-coming-after-massive-money-printing-says-regulators-will-panic/

JPMorgan Chase CEO Jamie Dimon just issued a major warning on the state of the US economy.

At an event organized by the Ronald Reagan Presidential Foundation, Dimon told regulators that the full effect of all the money printed since 2020 remains to be seen.

“You are going to see a crack in the bond market. It is going to happen. And I tell this to my regulators, some of you who are in this room, I’m telling you it’s going to happen and you’re going to panic.

I’m not gonna panic. We’ll be fine. We’ll probably make more money, and then some of my friends will tell me, ‘We like crises because it’s good for JPMorgan Chase.’ Not really.’”

Dimon says bond vigilantes are back, selling bonds to protest unsustainable fiscal policies and America’s ballooning debt.

In the long run, Dimon says he’s not too worried about China as a potential adversary, and instead believes the US needs to self improve and erase the “enemy within.”

“If we are not the preeminent military and the preeminent economy in 40 years, we will not be the reserve currency. That’s a fact. Just read history…

We we have to get our act together and we have to do it very quickly.”

Dimon says a concerted effort to streamline regulations, immigration, taxation, healthcare and schools is needed.

He also reiterated his dissatisfaction with Bitcoin’s emergence as a strategic reserve asset.

“We shouldn’t be stockpiling Bitcoin. We should be stockpiling guns, bullets, tanks, planes, drones, rare earths. We know what we need to do.”

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Bitcoin’s new highs may have been driven by Japan bond market crisis https://earlybirdsinvest.com/bitcoins-new-highs-may-have-been-driven-by-japan-bond-market-crisis/ https://earlybirdsinvest.com/bitcoins-new-highs-may-have-been-driven-by-japan-bond-market-crisis/#respond Mon, 26 May 2025 13:44:15 +0000 https://earlybirdsinvest.com/bitcoins-new-highs-may-have-been-driven-by-japan-bond-market-crisis/

Bitcoin’s recent all-time high may be linked to ongoing issues in the Japanese bond market in a development that may signal BTC’s growing recognition as a hedge against instability in the traditional financial (TradFi) system.

Bitcoin’s (BTC) price rose to a new all-time high of $112,000 on May 22, before retracing to change hands above $109,700 at the time of writing on May 26, Cointelegraph data shows.

While some attributed the rally to geopolitical developments, including U.S. President Donald Trump’s announcement of Russia–Ukraine ceasefire talks on May 19, macroeconomic factors appear to be playing a larger role, according to market analysts.

BTC/USD, 1-year chart. Source: Cointelegraph

Japan bonds hit yield record

Bitwise’s head of European research, André Dragosch, pointed to growing concerns around Japan’s sovereign credit outlook, highlighting a spike in the country’s long-term bond yields.

Japan 30-year LSEG government bonds yield. Source: Cointelegraph/TradingView

The 30-year yield on Japanese bonds reached a new all-time high of 3.185% on May 20, 2025, before retreating to 3.115% on May 23, TradingView data shows.

Related: $1M Bitcoin by 2030: Big names predict massive debt-driven BTC rally

Government bonds are typically considered safe-haven assets. But when yields rise sharply, it often signals investor concerns about fiscal sustainability and repayment risk. Japan’s debt-to-GDP ratio exceeds 250%, compared to Germany’s 62%, yet both countries had 30-year bond yields near 3.1% on May 21, noted The Kobeissi Letter.

“Because yields are increasing, sustainability becomes more of an issue, meaning credit risk increases, meaning yields increase even more,” Dragosch said. “And so you end up in this kind of fiscal debt doom loop.”

Dragosch said the growing volatility in Japan’s bond market could be prompting some institutional investors to reconsider Bitcoin’s role as a hedge against sovereign default risk.

“This is now affecting other bond markets, especially the US Treasury market,” Dragosch added.

Source: The Kobeissi Letter

Related: Crypto, NFTs are a lifeboat in the sinking fiat system: Finance Redefined

Sovereign risk drives crypto appeal

Japan’s bond market instability raises sovereign credit risk concerns, leading to more Bitcoin adoption among TradFi participants, Dragosch told Cointelegraph, adding:

“Bitcoin is an immutable asset. It’s free of counterparty risk. It’s a hedge against sovereign risk and sovereign default.”

“Perceived default risk continues rising, yields continue rising? This is a rough benchmark of why Bitcoin could be heading toward $200,000,” Dragosch said, adding that this remains conditional on the continued Bitcoin accumulation from corporations and exchange-traded fund (ETF) holders.

Bitcoin ETF inflows, monthly, all-time chart. Source: Sosovalue

Meanwhile, the US spot Bitcoin ETFs are less than $1.3 billion away from surpassing the monthly inflow record of $6.49 billion from November 2024, Cointelegraph reported on May 23.

Magazine: Arthur Hayes $1M Bitcoin tip, altcoins ‘powerful rally’ looms: Hodler’s Digest, May 11 – 17

]]> https://earlybirdsinvest.com/bitcoins-new-highs-may-have-been-driven-by-japan-bond-market-crisis/feed/ 0 38424 Find clarity amidst the crisis: Investing in tokenized bond markets https://earlybirdsinvest.com/find-clarity-amidst-the-crisis-investing-in-tokenized-bond-markets/ https://earlybirdsinvest.com/find-clarity-amidst-the-crisis-investing-in-tokenized-bond-markets/#respond Thu, 22 May 2025 07:54:54 +0000 https://earlybirdsinvest.com/find-clarity-amidst-the-crisis-investing-in-tokenized-bond-markets/

Find clarity amidst the crisis: Investing in tokenized bond markets

By Jesse Knutson, Head of Operations at Bitfinex Securities

This article was originally posted on Alphaweek.

Over the past few weeks, the market has witnessed volatility across asset classes, with gold continuing to increase, and uncertainty is generally at its highest point in years.

Traditionally, bonds, particularly the Treasury, have been the main safe haven during turbulence. However, the bond market we know is not always easy for them to access, given the uncertainty of the current market, nor has it been an absolute safe haven for the past few years. High entry thresholds, lack of liquidity and opaque structure keep many everyday investors on the sidelines. However, this is beginning to change.

Amidst the chaos, tokenized fixed yields and bond assets back a tendency to become clear to investors at least in times of chaos. At least those who know the new asset classes.

Why tokenize bond assets?

Tokenized bonds are a digital representation of traditional bonds issued and managed in blockchain infrastructure. These bonds retain all traditional bond characteristics, including principal, interest rates, and maturity dates, and utilize blockchain technology to ensure investors’ security, transparency and efficiency.

For example, the market has tokens that don’t offer fixed yields but less impact on current market disruptions, but invest in short-term US Treasury bills. In fact, as of April 1, 2025, the US Treasury’s total market capitalization was $5.12 billion. On May 6, 2025, the figure was at $6.59 billion, representing a 29% increase despite the tariff saga.

These tokens can attract investors who may normally struggle to access the US Treasury directly due to geographical restrictions. Because there are few minimum tickets to invest in the primary market, retail and institutional investors often have access to these assets: trade in the secondary market.

Meanwhile, small to medium-sized governments and businesses issue tokenized securities that are accessible to investors of all kinds, offering coupons with returns of 8% to 15%, typically maturities of less than five years.

Tokenized assets are recorded in blockchain, a secure ledger housed in multiple computer networks. This allows investors to see ownership, payment history and asset performance in real time. This level of transparency reduces information asymmetry. This is a key driver of fear and volatility for many dark market investors. Furthermore, intermediation allows investors seeking to reassign capital to do so through immediate settlements or transactions in liquid secondary markets that are important in an era of market fluidity.

Blockchain technology also ensures a record of immutable ownership that reduces counterparty risk, especially during periods of stress that traditional intermediaries may become unreliable. Smart contracts also encourage automatic profit payments and redemption, reducing the risk of investor settlement delays or failings.

Tokenization not only dismantles technically unnecessary counterparts, but also allows investors to have more control. As the industry grows and assets appear across the platform, investors can withdraw bonds, send them for other exchanges for arbitration, self-explanatory, and even exchange peer-to-peer within a whitelisted ecosystem.

Challenging legacy markets and financial institutions

We are clearly a time of great change for markets, geopolitics and more. Wider painting, blockchain technology, and even tokenization are the first real opportunities we have experienced in a generation to rethink funding and do things differently.

Many regulators around the world have adopted a progressive stance towards tokenization. Some of the most advanced approaches have emerged from small to medium-sized economies, such as Salvador and Kazakhstan, which are pushing down from the technically outdated class of intermediaries. These economies allow innovative governments and businesses to issue decommission assets that provide investors with alternatives to norms under current circumstances driven by policy uncertainty and market volatility.

Tokenized bonds bring traditional, safe havens to the digital age through increased accessibility, efficiency and transparency.

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