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Cronyism, Zombie Companies and the True Cost of the Corona Crisis, Feat. Morgan Creek's Mark Yusko

Cronyism, Zombie Companies and the True Cost of the Corona Crisis, Feat. Morgan Creek's Mark Yusko

FromThe Breakdown


Cronyism, Zombie Companies and the True Cost of the Corona Crisis, Feat. Morgan Creek's Mark Yusko

FromThe Breakdown

ratings:
Length:
64 minutes
Released:
Mar 24, 2020
Format:
Podcast episode

Description

Mark Yusko is the founder of Morgan Creek Capital Management. In this wide-ranging conversation, he and @NLW discuss:  Why bitcoin has fallen with stocks over the last few weeks Why price and value are not the same thing Why stocks have been manipulated  An argument for buy backs being illegal  Why cronyism is not capitalism  Why bailouts and other types of intervention help zombie companies that should perish A debate about whether the “cure is worse than the disease” The costs of a 0-risk tolerance  The polarization of health vs. economics  Why there should be a market holiday  Why bitcoin is the last and only free market  Why the big market announcements are always on Sunday  Why we’re headed to debt jubilee  There is a non-zero probability that Trump tries to cancel the election   Why a lack of leadership is the biggest cause for pessimism today
Released:
Mar 24, 2020
Format:
Podcast episode

Titles in the series (100)

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.