This podcast explores China's economic transformation under Deng Xiaoping, the criticisms of socialism and the dual-track price system, the economic reforms and Tiananmen Square protests, and the importance of Communist Party leadership in China's remarkable economic growth.

The podcast discusses the impact of global conflict on defense spending, including the economic futility of war, the need for balanced arsenal, rising military spending, and the implications of Taiwan's submarine project.

Send us a textSign up for Compounded Daily at this link: https://www.compoundeddaily.com/Since founding Bridgewater nearly 50 years ago, Ray Dalio has become one of the world’s richest investors. He is widely credited with having predicted and profited from both the 1987 crash and the 2008 financial crisis. He is the founder of the world’s largest hedge fund and is one of the most successful businessmen alive, yet he professes to be seeking something more meaningful than just money or busines...

Send us a textA jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. The FTX founder faces a maximum sentence of 115 years in prison. In today's podcast we discuss the findings of the trial and speak with Tiffany Fong who has been there in person reporting from the courthouse in New York along with people like Michael Lewis.Tiffany Fong YouTube ChannelTiffany Fong TwitterPatrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivativ...

Send us a textA podcast about how "passive income" money-making scams seem to have taken over the internet, and the economic implications of such scams.Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: https://amzn.to/3cjsyPFCorporate Finance: https://amzn.to/3fn3rvCPatreon Page: https://www.patreon.com/PatrickBoyleOnFinanceBuy Me a Coffee: https://buymeacoffee.com/patrickboyleVisit our website: www.onfinance.orgFollo...

The podcast discusses the recent bond-market sell-off, with losses resembling those of stock market crashes. It explores the impact of higher interest rates on stakeholders, including investors, consumers, businesses, and pension funds. The chapter also delves into the consequences of rising rates on fixed income allocations and leveraged buyouts. Financial engineering strategies and their implications on private equity-backed companies are explored. The effect of rising rates on the cost of equity capital and Jerome Powell's speech on inflation control and economic well-being are also discussed.

Ireland's impressive economic growth and high GDP per capita are discussed, along with skepticism. The reasons behind Ireland's economic success, including multinational firms and low corporate tax rates, are explored. The tax residency of Apple and the impact of closing tax loopholes on the Irish economy are also discussed. Ireland's accounting changes and plan to create a sovereign wealth fund are mentioned.

Send us a textWeWork announced this week that it would not make two sets of interest payments totaling about $95 million, a move meant to jump-start negotiations with its lenders at the same time it tries to cut costs with its landlords.The missed interest payments will spur speculation of a bankruptcy filing. But WeWork says it has the cash on hand, and the company has a 30-day grace period to make the payments, which were due Monday. At the end of June, it had $205 million in cash and acces...

Send us a textA large number of western firms have continued to operate and invest in Russia since Putin’s invasion of Ukraine. These companies are estimated to have earned profits of around $20 billion dollars since the invasion. The problem for these companies is that the Kremlin has blocked them from accessing those profits in an effort to clamp down on companies from what they call “unfriendly nations.” Will these companies be able to repatriate these profits at some point in ...

Send us a textFTX has sued Joseph Bankman and Barbara Fried, the parents of Sam Bankman-Fried, claiming they enriched themselves by siphoning off millions of dollars in “fraudulently transferred and misappropriated funds” from the cryptocurrency exchange their son founded.In a court filing earlier this week, the FTX debtors said Joseph Bankman and Barbara Fried, both of whom are tenured professors at Stanford Law School, used their influence to funnel money from the business to themselves and...