Mentor Sessions Ep 097: James Lavish and Doomberg break down the 2026 bond market crisis, Europe's diesel shortage, private credit risk, and Bitcoin as a macro asset. Bond yields near 20-year highs, Europe staring down a diesel shortage, and private credit quietly marking its own books — the plumbing of the global financial system is under real strain, and this conversation maps exactly where the pressure is building. James Lavish and Doomberg join BTC Sessions to connect the dots between the bond market, energy, geopolitics, and Bitcoin. You'll learn why the 10-year yield sitting at ~5% signals a structural regime change rather than a passing inflation scare, how private equity and insurance companies are stuffed with self-marked paper that echoes 2007-2008, and why Doomberg calls Europe's diesel situation the "Four Horsemen of the Diesel Apocalypse." You'll see the case that energy — not currency — is the base layer of every market, why nations are now selling Treasuries to buy fuel, and where Bitcoin fits as the "hot ball of money" hunting for the next asymmetric bet. Both guests also share the disciplined, rules-based approach they use to allocate across gold, cash, and Bitcoin without trying to time the market. ⏱️ Timestamps: 0:00 - Intro 0:43 - Bond yields near 20-year highs and global yield melt-up 0:57 - Why the 10-year at 5% is a new regime, not a blip 3:28 - The death of the 60/40 portfolio 5:38 - Doomberg on Grant Williams, Luke Gromen and fiscal dominance 9:03 - Hyperscaler debt crowding out long-dated paper 10:16 - Echoes of 2007-2008 in private equity and insurance 12:19 - The Treasury default nobody will call a default 16:38 - How private credit marks its own book 20:16 - Every market has its own purpose and structure 25:26 - Trezor Safe 7 self-custody segment 29:55 - Money is a promissory note on energy 30:16 - Private credit, contagion and the mark-to-market catalyst 33:16 - Could real estate seize up the credit chain? 37:01 - Diesel, WTI and the Four Horsemen of the Diesel Apocalypse 42:43 - Why Europe is uniquely exposed 44:08 - Germany's nuclear mistake and the EU's fragility 47:47 - Why Germany may leave the EU 49:04 - Ukraine, Russia and the energy war 51:38 - Why bonds aren't seeing a flight to safety 53:23 - Bitcoin as the asset chucked overboard, now bid 57:03 - Doomberg's rules-based gold, cash and Bitcoin allocation 59:40 - Canada, Greenland, Carney and Trump theater 1:05:44 - Where to follow James Lavish 🔗 Links & Resources: • James Lavish on X: https://x.com/jameslavish • The Informationist newsletter:https://www.jameslavish.com/ • Doomberg on Substack: https://newsletter.doomberg.com/ ⚡Previous Episode: Zack Shapiro: https://youtu.be/iZ7e0hY0WL8 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Sovereign Sessions — AI, Privacy, and Bitcoin education: http://youtube.com/@SovereignSessions?sub_confirmation=1 ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #Bitcoin #BTC #BTCSessions #JamesLavish #Doomberg #BondMarket #FiscalDominance #EnergyCrisis #PrivateCredit #DieselShortage #SoundMoney #InterestRates #Treasuries #MoneyPrinting #Europe
