
Is It Time To Take a Deep Breath?
Real Vision: Finance & Investing
00:00
I'm Breathing Okay, Chris Waller, We'll Get Into CPI and All That as Well.
Wright: People come and ask me whether this is going to be a new Lehman Brothers like 2008, when we thought it was a small investment bank and letting that investment bank go broke would not have a big systemic effect. But today, we have the crypto situation, which I would say is relatively isolated in the part of the economy. And so I think I wouldn't worry about it as much from a real economy point of view or anything like a systemic crash. Something is going to break, but I don't think it's FTX well, I mean FTX already did break.
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