EP752: Blobal Banking Crisis, Warren Buffett Helped SVB, Trump Getting Arrested & More!
Tonight, Drama, Dee, and Anand discuss a range of hot-button issues, including the ongoing global banking crisis and Balaji Srinivasan’s controversial stance on hyperinflation and bitcoin. They also dive into the recent Twitter spat between Srinivasan and Nassim Nicholas Taleb, where Taleb called out Srinivasan’s bad-faith arguments. On a different note, they talk about Warren Buffett’s involvement with the Biden team regarding the banking crisis, as well as Trump’s claims that he may be arrested soon, which has caught the attention of New York law enforcement. Tune in for a lively discussion on the latest developments in the finance and politics world.
– written by ChatGPT
Timeline of What Was Discussed:
A ‘Chatty Kathy’ has infiltrated the studio! (2:56)
The boys ate miles! (18:49)
Are we on the brink of financial collapse?! (21:05)
How Balaji Srinivasan screwed Anand. (27:15)
Everyone is NOW a financial expert. (36:53)
Will Donald Trump be arrested? (47:37)
What will this week bring? (52:37)
Related Links/Products Mentioned
Elijah Levée (@trainwitheli) • Instagram
Chatty Kathy Club Several major banks announce coordinated action to increase US dollar liquidity provision in the global market through swap lines – Watcher.Guru on Twitter
UBS Agrees to Buy Credit Suisse for More Than $3 Billion
Adam Levinson’s Graticule Macro Hedge Fund ($4.5bn at peak) collapsed today after “wiping out years of gains”. – Wasteland Capital on Twitter
Balaji Srinivasan Says Hyperinflation Happening Now, and Makes Million-Dollar Bets on #Bitcoin – Mr. Whale on Twitter
Balaji is not just stupid but fundamentally in bad faith – Nassim Nicholas Taleb on Twitter
Goldman Sachs: 4 Cities That Will Have Big Home Price Declines — Business Insider
Warren Buffett in Contact With Biden Team on Banking Crisis
Trump says he expects to be arrested Tuesday as New York law enforcement prepares for possible indictment | CNN Politics
US releases video of Black Sea drone incident with Russian jet
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About the Hosts!
Chris “Drama” Pfaff
Drama moved to Los Angeles with dreams of working in a skateboard shop, and through his cousin, Rob Dyrdek, he became a character “Rob & Big” and “Fantasy Factory”. At age 22, he launched a t-shirt and streetwear line, Young & Reckless, which has grown into a nationwide brand with celebrity endorsements from Puff Daddy and Justin Bieber.
Follow Drama on Instagram: https://www.instagram.com/drama
Dee Murthy
Dee is a seasoned entrepreneur, investor, and executive in multiple fashion and celebrity-focused ventures. He is the co-founder and CEO of Five Four Group; one of the largest online platforms of vertically-integrated men’s fashion brands.
Follow Dee on Instagram: https://www.instagram.com/deemurthy
Anand Murthy
Anand is the CFO of the Five Four Group and official fact checker of Group Chat. Additionally, Anand is the co-founder of an angel investing firm that has invested in over 100+ small business and start ups.
Follow Anand on Instagram: https://www.instagram.com/anandmurthy/
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