•  

Credit Risk & The Bitcoin Hedge with Greg Foss & Andy Edstrom - WBD402

0
0

Location: Remotely Date: Thursday 23rd September Company: Validus Power Corp, Swan Bitcoin Role: Bitcoin Strategist, Head of Institutional Investment

Over the last week, markets worldwide were hit hard as fears continue to grow over the liquidity of Chinese property behemoth Evergrande. The S&P, Dow Jones and Nasdaq all suffered their worst days in months.

Evergrande is China's second-largest and the world's most indebted real estate developer. It expanded rapidly by borrowing more than $300 billion. however, when new rules were introduced to control the amount owed by big large estate developers, Evergrande was forced to sell properties at a significant discount and is now struggling to pay its debts.

In 2008, the Great Financial Crisis began with an insolvent institution which precipitated a credit panic across the global banking system. When markets are saturated with debt, a single event can turn into a contagion.

Will Evergrande spark another financial meltdown, or will it prove to be too big to fail?

In this interview, I talk to the Head of Institutional Investment at Swan Bitcoin and Bitcoin Strategist Greg Foss. We discuss the Evergrande insolvency, whether a debt crisis is looming, and why Bitcoin is the perfect hedge.

No comments yet...
Log in to comment
0 0 0
2024-08-30

What Bitcoin Did with Jack Mallers, Matt Odell, & Harry Sudock - WBD859

That’s a wrap! What Bitcoin Did is over, and what better way to close out the podcast than an episod…
0 0 0
2024-08-28

Who Owns Bitcoin with Troy Cross - WBD858

Troy Cross is a Professor of Philosophy and Humanities at Reed College & Chief Editor at The Nakamot…
0 0 0
2024-08-26

Jack Mallers on Why Bitcoin - WBD857

Jack Mallers is the CEO of Strike. In this interview, we discuss debt as time travel, how Jack would…

What Bitcoin Did with Peter McCormack

With What Bitcoin Did, host Peter McCormack talks to experts in the world of Bitcoin, economics and …

Log in to Follow

More episodes from What Bitcoin Did with Peter McCormack

Top Podcasts Top rated Podcasts