FTX Crash & How You Should Think About It
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It is amazing. The FTX Crash has caught most people off guard and many celebrities lost money too. There is word that it is one big ponzi scheme with politicians, slush funds, celebrity endorsers, and trying to expatriate SBF back to the US to face justice. This is the stuff that is Michael Lewis will be writing about in the big Short 2 (which apparently he has been embedded for the past 6 months with SBF).
I do find it odd that I have not heard anyone screaming for his arrest yet. They got Bernie Madoff quickly. Why not this guy? Is there more to come? It is still too early to know all the details, but the initial reports are riveting... of course it could also be fake news.
Join us this week on Money Tree Investing\'s Beware of Inflation Episode with Kirk Chisholm and Barbara Friedberg.
For more information, visit the show notes at https://moneytreepodcast.com/ftx-crash-453-beware-of-inflation
Today\'s Panelists:
- Kirk Chisholm | Innovative Wealth
- Megan Gorman | The Wealth Intersection
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