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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)
Crypto Daily 3@3 - 7.10 | Alt Season Dreams & Nightmares | New Crypto Funding | Mr. Libra Goes To Washington: We discuss: 1) the chatter around a potential alt season and what makes things different this time around; 2) new financing that shows where crypto investors heads are at (hint: infrastructure not apps); 3) the latest salvos between Libra and... by The Breakdown