Michael Lewis | The Biggest Financial Crash is Coming | Author of The Big Short Reveals Why
Episode description
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Is the biggest financial crash about to happen? Rob interviews acclaimed author Michael Lewis to discuss why right now we could be waiting for the biggest crash in history. They discuss financial markets, government trust and economic instability. Lewis also shares his thoughts on potential market crashes, cryptocurrency as well as the controversial figures shaping today's economy including Elon Musk and Sam Bankman-Fried.
Michael Lewis REVEALS:
- Why a potential future market crash could be catastrophic if triggered by a lack of faith in the US government
- That financial markets are rigged
- Why you should ignore and stay away from crypto
- His thoughts on why Elon Musk is power drunk and ignorant
- The real reason neither U.S presidential candidate addressed the debt crisis
- The underlying trait of all successful people
- What he thinks of former FTX CEO Sam Bankman-Fried
BEST MOMENTS
"If it's a government started crisis... like a collapse in faith in the U.S. government, in the U.S. government debt then it's much bigger than the financial crisis because there's nothing to put it out."
"We have a president here whose M.O. is to destroy trust. He's really good at it, he finds places where people trust people or institutions that are trusted, and he wrecks them."
"The markets work, it's constant game theory, once something's identified, it's no longer useful and it's a game where the rules change every day."
"Is Elon Musk a net benefit to humanity or a megalomaniac?"
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ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
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