This week Felix, Emily, and Anna discuss the Fed’s emergency, coronavirus-driven rate cut; the life of Jack Welch and the troubles of Jack Dorsey; and Lebanon’s Ponzi scheme. “‘Knowing the Right Peopl...Show More
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Recommendations
mm recommended:Mar 9th, 2020
Lots of meaty debate in this episode, including: Why Lebanon is a Ponzi scheme, the case for why Jack Dorsey should step down from Twitter, and an analysis of the downturn and why it’s not like the 2008 financial crisis since the only solution is public health.
mmMar 9th, 2020
@bigfoot_skeptic Do you listen to Slate Money? This was a great episode. So much good debate material.
dannyMar 9th, 2020
@mm @bigfoot_skeptic I dont think I get the argument that financial easing won't help with the COVID-19. Yes we need to solve this with health care, but there are big financial repercussions to this pandemic like lost wages, revenue, job loses. The Fed has a role to play in this as well.
mmMar 9th, 2020
@danny @bigfoot_skeptic Ultimately it's still a public health issue and the solution is a health solution. So until there's a vaccine or some significant decrease of risk, people are still going to be in flight mode. No matter how cheap money becomes, as long as there's a perceived risk of getting i...Show More
bigfoot_skepticMar 10th, 2020
@mm I didn't know of them. Thanks for the recommendation - I'll give it a listen.