Coin Stories with Natalie Brunell cover image

Coin Stories with Natalie Brunell

Larry Lepard: "Next Wave Down Will Be Brutal" - Bitcoin and Macro Update

Jul 11, 2023
35:46

Podcast summary created with Snipd AI

Quick takeaways

  • A severe recession is inevitable, with concerns about excessive valuations and a potential dislocation in the credit market.
  • The Federal Reserve will likely intervene by printing money, decreasing interest rates, and prioritizing prevention of a Great Depression over inflation.

Deep dives

Economic Concerns and the Likelihood of a Severe Recession

The guest discusses his concerns about the current economic situation. He emphasizes the importance of closely watching the bond market, worldwide markets, and the news flow. He believes that a severe recession is inevitable and that the stock market will roll over due to concerns about excessive valuations and the belief that the system will return to the deflationary 40-year period. He also highlights the unmanageable debt levels and the potential for a big dislocation in the credit market.

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