AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Bloomberg Businessweek Weekend - December 2nd, 2022
Bloomberg Businessweek
Is This Another Lehman Brothers?
4min Snip
00:00
Summary
Transcript
Episode notes
The entire crypto asset ecosystem is an $800 billion ecosystem. Many people are saying, well, okay, is this another Lehman? Could we see the domino effect here? I've just given you one reason why. The banking system back in 0809 was trillions and trillions of dollars. Right now we have, it seems from FTX, five to $10 billion in creditors. If as as FTX has filed bankruptcy, they will be making claims. So how long do you think this goes on? Because you obviously have faith in it. You've been buying into it. And you think this is a good entry point at this point.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
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