Frank Giustra – X, Released on 8/5/24

Tweet 1 (Tweet 2 below)

I wish people understood markets. It’s not this simple. The Biden/Trumps have very little to do with market bubbles/subsequent crashes, except that both their fiscal polices have led to massive deficits which the Fed then tries ,unsuccessfully,to manage. https://t.co/Ko0xsujSHA

— Frank Giustra (@Frank_Giustra) August 5, 2024

Tweet 2

The FED IS the problem. We are in this mess due to 2 decades of Fed policy. https://t.co/ksNdVkv3Pq

— Frank Giustra (@Frank_Giustra) August 5, 2024

Frank Giustra is a Canadian business executive, who has been particularly successful in the mining and filmmaking industries, and is a noted philanthropist. Mr. Giustra started out as an assistant trader and then became a stockbroker at Merrill Lynch in his early career. He later went on to join Yorkton Securities, where he helped launch a new branch geared towards financing resource companies in Europe. He is now an advisor to major gold miner, Endeavour Mining Corporation. In the late 90’s, he founded Lionsgate Entertainment – the company behind The Hunger Games and Michael Moore’s Fahrenheit 9/11. The company had over $2 billion in revenue in 2013, and owns the rights to the hugely successful Twilight movie franchise and The Expendables series, among other big blockbuster titles. He is presently the CEO of Fiore Group. More information can be found at his website FrankGiustra.com.

  federal reserve, Frank Giustra, stock bubble, stock crash