Ed talks about countries hit hardest from the war in Europe and makes a call on the US/EU positions in the economic cycle. How does the economic cycle relate to the fraud cycle? Is Tesla in trouble? Ed makes a wild call on EOY PT for Tesla shares.
What's happening in the crypto & NFT spaces? Luna & Luna 2.0 are covered. Recent news with Deutsche Bank regarding ESG is unraveled and Ed focuses on Europe and potential directions of the Ukrainian conflict.
The show goes on to address trust problems in global finance and how that can play into politics. He refuses to pull punches on the U.S. Federal Reserve and ends in a fiery and explicit criticism of its policy framework that led us to where we are today.
Sources:
https://www.un.org/sustainabledevelopment/poverty/#:~:text=More%20than%20700%20million%20people,live%20in%20sub%2DSaharan%20Africa.
https://fred.stlouisfed.org/series/AISRSA - US Auto domestic inventories
https://www.bbc.com/news/world-us-canada-61655577
https://www.justice.gov/usao-sdny/pr/former-employee-nft-marketplace-charged-first-ever-digital-asset-insider-trading-scheme
https://www.ft.com/content/f9f21521-f354-42ed-92d3-ee9cf68e1534
https://www.ft.com/content/c46f767c-c8e3-47cf-b0a3-46d3b84498c3
https://www.tagesschau.de/wirtschaft/unternehmen/razzia-dws-101.html
https://markets.businessinsider.com/news/stocks/microstrategy-bitcoin-margin-call-21000-crypto-loan-mstr-stock-price-2022-5
Jim Chanos, “Short-Lived Lessons — From an Enron Short,” Wall Street Journal, May 30, 2006. Available on Classes*v2.
