• Ep. 340 - The Sovereign Debt Crisis is Coming, with Stormy Waters

  • Dec 4 2024
  • Length: 1 hr and 6 mins
  • Podcast

Ep. 340 - The Sovereign Debt Crisis is Coming, with Stormy Waters

  • Summary

  • My guest this week is a venture capitalist who goes by the pseudonym Stormy Waters. Stormy, along with many successful VCs, is predicting a sovereign debt crisis coming before summer of 2025. They are hedging their bets and funds on this prediction. In this episode, we discuss why this will happen, what has led to it, and what it may look like. Stormy says that a silver lining of this is that the Trump administration seems to at least care and seems to be equipped to handle such a crisis better than the "leadership" that the US has had in previous decades. Why is it going to be much worse for Europe than it will be for the US? We discuss it in this episode.

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