Liberty and Finance, Released on 1/7/23
We’re seeing the contagion from the collapse of the FTX cryptocurrency exchange, says Doomberg, the #1 financial contributor to Substack. Issues with other cryptocurrency exchanges are being uncovered. In the cryptocurrency system, there is no lender of last resort. The cryptocurrency sphere is extremely risky at the moment, he says. Doomberg also discusses energy in 2023 and the move of the BRICS nations towards a new reserve currency.
1:48 Crypto contagion
10:23 Gold market
14:23 BRICS currency
19:59 Energy 2023
21:27 Heat pumps
26:00 Miles Franklin
Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across heavy industry, private equity and finance to deliver innovative thinking and clarity to complex problems. Doomberg on Substack: https://doomberg.substack.com.