Jim Bianco: What will BREAK the ECONOMY?

Jim Bianco: What will BREAK the ECONOMY? | EP.14

Рет қаралды 6,480

2 ай бұрын

In this episode of the Macroscopic Podcast, Alexej hosts Jim Bianco, a seasoned expert in the financial markets and the President of Bianco Research. Jim shares his profound insights on the dynamics of the U.S. economy, emphasizing the significant changes in labor and consumption patterns post-pandemic. Jim also explores the potential of cryptocurrencies as a viable solution for economies with unstable fiat currencies, particularly in developing regions thanks to its decentralized and permissionless nature.

Пікірлер: 30

@kenttorres9465 2 ай бұрын

Great info on the changes in worker attitudes since 2020. Thanks!

@Piter-et5vj 2 ай бұрын

Finally found a Solana token that ticks all the boxes - Mr.Bin! The concept, team, and community seem rock-solid. Count me in for the long haul!

@gregsmith9862 2 ай бұрын

Jim, regarding your analogy comparing crypto to restaurants, investors in a restaurant are able to look at the books, marketing plan, etc. and get a complete picture of the enterprise's potential before they invest. With crypto, it is impossible to do any type of in depth due diligence. A potential investor does not have access to the books, nor can they evaluate the code to see if it is well written or if it has some back door issues that facilitate a rug pull. Therefore, crypto investors are basically speculating because all they have is blind faith to trust that the hype they hear is true. The stock market had the same problem 100 years ago with rampant boiler room pump & dump schemes which was only solved by regulating the securities industry. I'm not sure how crypto will solve this issue and keep it's decentralized characteristics. As long as crypto is not regulated, it will attract swindlers & snake oil salesmen like Sam Bankman-Fried & FTX and will remain a speculative, casino. If you can't trust the biggest names in the industry like FTX to be on the up & up, crypto will never reach it's potential to solve the problems in the financial system it purports to try to solve.

@scottdorsey8220 2 ай бұрын

Amen!

@ReedMyresDavid 2 ай бұрын

How do most of you guys still making profit? Even with the downturn of economy and ever increasing life standards

@Jamiewhite663 2 ай бұрын

Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency and stocks, through the assistance of my discretionary fund manager

@Jamiewhite663 2 ай бұрын

Mrs Nancy Williams Laplace

@KN0852 2 ай бұрын

I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.

@gaspardfigueroa 2 ай бұрын

Sounds interesting. I was planning to invest some few £ in some coins, stack them up and leave them for a few years, but seeing this changed my mindset. Thank you very much

@Ethangray-cr5nd 2 ай бұрын

Yeah that's right I think it's right to invest with professional at least it saves the trauma of too much loses