#244 Michael Novogratz on Consumer Confidence in Markets
The Pomp Podcast
00:00
Is It Gonna Be a Liquidity Crisis?
When we get to these a d leverage points, do you almost expect most of those assets to get sold off as well? Or do you actually expect them to hold up pretty well during those liquidity crisis? I think inlicridity quice, inliquidity crises, anything, people are longs going to get sold. And so people were maxell on gold, and they're selling it. Now you can, with hindsight, look back and say, well, this is one of the greatest deflationary impulses we've ever seen in our lives.
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