The Great EscAPE! EP 36 - Crash, Bang, Wallop!!
It's been another amazing week! Hedge funds are admitting the whole US stock market is a Ponzi scheme, interest rates get hiked by 75 bps, the most significant single raise since 1994, Crypto had $1 trillion wiped off it during the last 77 days which is the single most significant loss in recent financial history. US stocks are bleeding a 3-5% loss every day this week, and have been over the last two weeks! On Monday the 13th, all the S&P500 closed red in a single day! $VIX is up 30% in the last 5 days, Evergrande has been removed from all the ETF and financial indexes, and their sh*t bond values are now down at 0 and #FTD's have been re-submitted and they are much bigger than originally thought! Ouch! That's going to hurt!!
On this week's show: Hedgie tears, TD Ameriturd, Nevergrande, Cifu(d) Splatter, Interest ting? Ortex fecks! Crypto Tampons, Coinwaste, Do Kwon didn't? Lehman 2.0, Ben v Yen, FTD STD! Purring Kat and much much more!
If you're in it, you're on it! As per the cast, if you have anything to share, be it #DD or just a nice comment, please contact us and let us know! It's highly likely you will make the cast the following week! Love you all! Thanks for listening!
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