As some time ago, many of you had visited one of our articles about one of the last videos of the channel Only The SAVVY, we are doing it again today because we know how much it makes you happy. That's why we decided to make a post about it, because we are sure you will enjoy this new video.
Indeed, the Youtube channel Only The SAVVY has decided today to post a new video which is called "Millions of People Will Be WIPED OUT | Chamath Palihapitiya". Of course, you can now find it in full playback on our site for your greatest pleasure!
The video is doing a very good start since it was uploaded on the Youtube channel of Only The SAVVY and it could well end up in trend if the scores remain at these levels. However, we should not get too excited and wait a few days to see if this good start is confirmed with a buzz on the duration.
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Millions of People Will Be WIPED OUT | Chamath Palihapitiya
Both traditional and crypto markets are showing weakness. The Dow suffered its longest losing streak since 2001. The crypto market has shown blood across the charts, with Terra Luna leading the way with a shocking fall from grace, causing panic throughout the rest of the market. The Federal Reserves' planned hike rates have begun a tightening by businesses (both small and large) and across all asset classes.
The economy and market at large experienced never-before-seen actions by the federal reserve for the better half of a decade, first with their quantitative easing experiment and then furthermore, with injecting money into the economy due to the effects of Covid lockdowns. This free money created inflated asset prices, employee resignations, and venture capital to behave recklessly. While many analysts and pundits are questioning if we will enter a recession, Billionaire Chamath Palihapitiya, venture capitalist and owner of the Golden State Warriors, took to this own podcast to explain that the party is over. Chamath explained that we aren’t just heading into a recession, but we are in a recession and there’s no end in sight to how long we will be here. And in reality, we haven’t even started to see the ramifications of what’s to come. This might not be the news many want to hear, but the harsh reality will allow many to tighten their own spending and prepare for what’s coming.
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THIS INTERVIEW WAS POSTED ON MAY 13, 2022
Listen to the full unedited interview here ⬇ [Credits] 🙏
E80: Recession deep dive: VC psychology, macro risks, Tiger Global, predictions and more
https://www.youtube.com/watch?v=ezOIBfZcwbQ
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🎵BACKGROUND MUSIC licensed through AudioJungle & Epidemic Sound
🎥FOOTAGE licensed through VideoBlocks and Filmpac, except parts about the topic that have been used under fair use.
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FAIR-USE COPYRIGHT DISCLAIMER
Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use.
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