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E28: Current state of public & private markets, Archegos debacle, US debt issues, wealth tax & more
All-In with Chamath, Jason, Sacks & Friedberg
What's Going On?
In one day, viacom go down 30 %, discovery went down oon, you friacent. There was no collateral te post ecause everything was levered up. The brokerage houses rreversed clear owns a're going loose thy're oing to love money. I mean, i think j p Morgan, omora, these guys are all going to lose billions of dollars because it's not enough cash in ths actual account to cover all the losses.
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