The financial world is out of control in the sense that it doesn't make anything and it makes people exceedingly rich. The original idea of the stock market was that you have a great idea, I'm going to invest in that idea. Anyone around the world can invest in you and your idea. And as your company grows, eventually you will pay out dividends but it was going to be a long game. That's not really how the market was designed to operate. There could be this week or next week three more banks might fail. We've got to stop bailing them out. If you're going to privatize the losses, then privatize the profit as well. Government owns you now

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode