3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC101: 4th Quarter Macro Overview w/ Luke Gromen (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Credit Swiss and the European Banking System

"The banks are totally screwed, but like the bigger issue is up at the next level. I mean, with this bailout that recently happened, we didn't even talk about it there in the UK," he says. "They're going to have to turn seller to treasury. It's not liquid." He adds: "Treasuries are going to go just like the kill yields did that day"

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