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The Overreach of the Government in Capitalism
The trouble with capitalism is it can't spell the word altruism. The oil companies probably cost us 10 or 15 years that we may not be able to afford. So you've got this efficient profit maximizing machine, capitalism. It's not designed to look out for the long term well being of humans.
Trey Lockerbie welcomes back billionaire and legendary investor Mr. Jeremy Grantham. Jeremy has a reputation for accurately predicting future events, including nearly every single bubble bursting over his career. During their conversation, Jeremy shares his thoughts on recent bank failures, Fed policy, and other world issues.
IN THIS EPISODE YOU’LL LEARN:
0:00 - Intro.
01:51 - Jeremy’s general thoughts on recent bank failures and Fed policy.
12:22 - A look at history and how long bear markets typically last.
36:00 - How Apple and Microsoft are eating the S&P 500?
46:52 - And other significant global concerns that are of interest to Jeremy.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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