Crypto Dominos Falling: No Lender Of Last Resort | Doomberg
Liberty and Finance, Released on 1/7/23
We're seeing the contagion from the collapse of the FTX cryptocurrency exchange, says Doomberg, the #1 financial contributor to Substack. Issues with other cryptocurrency exchanges are being uncovered. In the cryptocurrency system, there is no lender of last resort. The cryptocurrency sphere is extremely risky at the moment, he says. Doomberg also discusses energy in 2023 and the move of the BRICS nations towards a new reserve currency.
0:00 Intro1:48 Crypto contagion8:19 DOJ10:23 Gold market14:23 BRICS currency19:59 Energy 202321:27 Heat pumps25:06 Doomberg26:00 Miles Franklin
Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across heavy industry, private equity and finance to deliver innovative thinking and clarity to complex problems. Doomberg on Substack: https://doomberg.substack.com.
Crypto Dominos Falling: No Lender Of Last Resort | Doomberg added by Herman James on 01/06/2023View all posts by Herman James ?+'