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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(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


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.

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