On today's edition of "Boiler Room," Alfonso Peccatiello is joined by Jared Bibler author of Iceland's Secret: The Untold Story of the World's Biggest Con.
Alfonso and Jared draw parallels between the financial fraud that took place in Iceland during the 2008 financial crisis, and the recent fallout of FTX. History doesn't repeat itselt, but it often rhymes. What is it that causes financial fraud and excessive leverage time and time again throughout history? To find out, you'll have to tune in!
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Referenced In The Show:
All They Told You About Money Printing Is Really, Really Wrong: https://themacrocompass.substack.com/p/money-printing-myths#details
Iceland's Secret: The Untold Story of the World's Biggest Con: https://icelandssecret.com/
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Timestamps:
00:00 Introduction
00:45 All They Told You About Money Printing Is Really, Really Wrong
03:37 The Untold Story of The World’s Biggest Con
11:54 Parallels With The FTX Fallout
15:55 History Doesn't Repeat, But It Often Rhymes
21:17 How Did The Situation In Iceland End?
24:33 Final Thoughts
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Disclaimer: Nothing discussed on Boiler Room should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
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