2min chapter

Many Happy Returns cover image

Defaulty Towers: How dangerous is the US Debt Ceiling?

Many Happy Returns

CHAPTER

Is There a Tail Risk?

If we knew with 100% certainty that this terrorist was going to happen, the US was going to defon this debt, all hell was going to break those in financial markets. So if you are going to do something technical, that would be the time to do it. You literally leave it till the last minute. And my last question to wrap up is let's bring it back to us as investors. Should we think about doing anything with our portfolios with this looming? Or is it just that classic idea of don't allocate based on tail risks?

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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