The

The Hello and welcome to Brokeonomics.

What have we got today?

Well, we got the Labour budget.

Got the Labor budget.

That was yesterday from my point of view, or late last week, if you're watching this

on the Tuesday that it goes out.

Not a great budget.

I suppose in some ways it could have been worse, although she did a lot of the damage

with the rumours and all the rest of the stuff that she put out.

So we need to talk about that. I'm also quite conscious of the damage with the rumours and all the rest of the stuff that she put out. So we need to talk about that.

I'm also quite conscious of the fact that some of you may have been a bit nervous

because you probably detected I'm a bit Bitcoin positive.

And this year has not worked out the way that perhaps we hoped it would.

I mean, it's still gone up very nicely

over the course of the couple of years. Remember, I was really sort of pushing to buy Bitcoin

when it was at 16,000 and now it's at sort of 90,000. But it did have a pullback. I think it

went up to something, 125 is an all-time high, and then it pulled all the way back to 80 recently.

And naturally, a lot of people are wondering, does that mean it's all over? So let's first off

talk about that, the liquidity, what's going on in the liquidity cycle, because I talked about

that so much. Then we talk about Labor budget, and then we can talk about, well, my view on a lot of this stuff

is that if something cannot go on forever, then it will end. And this country and the way it is

...