Divine Intelligence, etc cover image

sr20230601_Money

Divine Intelligence, etc

00:00

The Killer Whale Deposits

The leaders of SPAC sold 22 billion dollars of shares during the poem. So, you know, and that translates into huge whale deposits. And no one's really talking about this when they cover the crisis. They're all like, Oh, well, the banks are really dumb and they manage it stupid. That's a problem on the asset side. It means their assets are worth less. Right. You have a liquidity problem, which is far more serious.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app