The Peter McCormack Show3 Juli 2020

WTF is Going on in the Markets? With Raoul Pal, Caitlin Long & Travis Kling - WBD238

Location: Zoom Date: Monday 29th June Company/Project: Real Vision, Wyoming Blockchain Coalition, Ikigai Asset Management Role: Co-Founder & CEO, Co-Founder, Chief Investment Officer

In late 2019 and early 2020, the global economy was showing signs of stress. Even before coronavirus, we saw the Fed having to step in and provide liquidity for the repo market and issuing rate cuts. But the rapid spread of coronavirus around the world and the resulting lockdowns has further exposed cracks in the global economy.

Stock markets experienced high volatility as the economic impact of businesses closing hit with Wall Street suffered its worst day since 'Black Monday' and oil prices going negative for the first time in history. Governments responded with unprecedented levels of quantitative easing, and some countries are now seeing their currencies collapsing.

Many analysts have suggested that rather than coronavirus being the cause of this economic downturn, it was instead the black swan event that acted as the pin that popped the bubble and the enormous debts that have been amounting for decades was a disaster waiting to happen.

Over the past year, I have spoken to several economists including Raoul Pal, Caitlin Long and Travis Kling, all of whom warned that a financial collapse is coming.

So, what is happening at the moment, what can we expect to see next, and how can we all prepare?

This interview is from a panel I recently hosted for Real Vision's The Crypto Gathering, with Raoul Pal, Caitlin Long & Travis Kling. We discuss the early warning signs of systemic issues in the global macroeconomy, what might happen next and where Bitcoin fits into this.

Hosted on Acast. See acast.com/privacy for more information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(1084)

#206 - Emad Mostaque - "Your Job's Economic Life Expectancy Ends In 2 Years"

Emad Mostaque founded Stability AI, built Stable Diffusion, and helped kick off the open-source generative AI explosion - before stepping down to build a new blueprint for human freedom as founder and...

28 Aug 1h 45min

#205 - Prof. Moran Cerf - "Did We Accidentally Build A Conscious AI?"

Moran Cerf spent twenty years recording single neurons inside the brains of conscious human beings and he still can't tell you what consciousness is. A former hacker turned neuroscientist, now a profe...

26 Aug 1h 10min

#204 - Dmitri Alperovitch - China's Cyber Sleeper Cells, Taiwan & The Second Cold War

Dmitri Alperovitch co-founded CrowdStrike, ran the investigation that first exposed Chinese state hacking to the world and predicted Russia's invasion of Ukraine months before it happened. He is now c...

22 Aug 1h 20min

#203 - Gregory Allen - Ex-DoD Official: "AI Is Now A Digital Nuclear Weapon"

Greg Allen has spent his career where AI meets national security. He wrote the landmark 2017 report on AI for the US intelligence community, served as Director of Strategy and Policy at the Pentagon's...

20 Aug 1h 34min

#202 - Barry S. Strauss - "We Are In The Final Stages Of Western Collapse"

Barry Strauss has spent four decades studying how empires rise and fall. A senior fellow at the Hoover Institution and the author of Ten Caesars and Jews vs Rome, he argues the West is repeating a pat...

18 Aug 1h 15min

#201 - Connor Leahy - The AI That Escaped: Inside OpenAI's Rogue Agent Incident

Connor Leahy has spent his career at the frontier of AI, from reverse-engineering GPT-2 as a student and co-founding EleutherAI to building the AI safety company Conjecture. He now leads US policy wor...

14 Aug 1h 9min

#200 - Sebastian Thrun - The Singularity Is Here & We Are Completely Unprepared

Sebastian Thrun has spent his career working on technologies that once sounded like science fiction, from self-driving cars and flying vehicles to online education and artificial intelligence. He now ...

11 Aug 1h 34min

#199 - Aubrey de Grey - The Man Who Says Ageing Can Be Cured

Aubrey de Grey believes ageing is accumulated damage in a biological machine and argues that medicine may eventually become capable of repairing that damage faster than it appears. He gives humanity a...

6 Aug 1h 17min