Send us a textThe sanctions on Russia’s central bank use the reserve currency status of the US dollar to punish an American adversary. Will the US dollar lose its exorbitant privilege? What currency might replace the US Dollar as a reserve currency?Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: ... Show More
Jun 14
What SpaceX, Anthropic and OpenAI’s IPOs mean for investors
Yesterday SpaceX became the largest company ever to go public, in an IPO that values Elon Musk's rocket-and-AI conglomerate at $1.78 trillion. But SpaceX is just the first. Anthropic and OpenAI have both filed to go public, Alphabet has just raised a record $85 billion in new sto ... Show More
39 m
Jun 7
When a Housing Boom Turns to Bust
A three-bedroom "dunger" in New Zealand with peeling paint and boarded-up windows sold for 1.81 million dollars at the peak of the boom. A few years later, prices had fallen by as much as a third in real terms, recent buyers were trapped in negative equity, and thousands of const ... Show More
27m 8s
May 2023
Shocking Debt Ceiling History and The Danger of Defaulting
<p>In this video, Patrick Bet-David discusses the issue of the debt ceiling in America, its history, and how it has been used as a political weapon. It highlights the negative consequences of defaulting on the national debt with examples from Argentina, Russia, Greece, and Venezu ... Show More
16m 56s