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#1406 Dave Collum | The Economy Is Worse Than You Think

The Pomp Podcast

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Collateral Consequences

This chapter explores a gripping tale of an investor who seized a warship as collateral to secure payment on bonds, showcasing the intricate connections between law, finance, and international relations. It examines the psychological traits and strategies employed by powerful figures in high-stakes scenarios, as well as the challenges faced by corporations amidst financial turmoil. Additionally, the discussion highlights the complexities of accountability in the financial system and the cyclical nature of financial crises.

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