Mark Thornton, Senior Fellow at the Mises Institute, says all three components of the Austrian business cycle bust are flashing. Stock bubble in tech. Price inflation squeezing consumers. K-shaped divergence where asset holders thrive and the bottom two-thirds struggles. This is one of the most pronounced examples he has ever seen. Kevin Warsh's hawkishness is theater. Every Fed chair comes in tough. The Fed's real mandate is financing government debt and protecting banks. Everything else is propaganda. And tariffs historically precede military escalation. Civil War. World War I. World War II. The same playbook is running now. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 0:00 Austrian economics perfectly explains the current economy 1:26 Three components flashing: stock bubble inf...