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The world feels like it’s unraveling—oil shocks, AI replacing jobs, and markets trying to figure out what comes next. Mike Novogratz and I break down why this economy is splitting in two, where Bitcoin and oil go from here, and how smart investors survive the chaos. Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Mr. Novogratz served on the New York Federal Reserve’s Investment Advisory Committee on Financial Markets from 2012 to 2015. He serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family’s foundation. Learn more about Galaxy here: https://www.galaxy.com/ Follow Anthony on X: https://x.com/Scaramucci Follow Novo on X: https://x.com/novogratz Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. Pre-order my next book, All the Wrong Moves: How Three Catastrophic Decisions Led to the Rise of Trump, out on the 17th of September in the UK and the 22nd of September in the US: https://linktr.ee/anthonyscaramucci Timestamps 0:00 Anthony & Mike are back 0:35 The World Feels Like It’s Unraveling & Oil Surges 2:58 How Markets React to Geopolitical Shocks 5:02 Role-Playing the Next Fed Chair 6:07 Is the U.S. Already in a Recession? 7:37 The Future of the U.S. Dollar 9:14 America’s Changing Role, Venezuela, Regime Change 13:55 How the Iran Conflict Could End 14:32 The Markets' Co-Dependent Relationship with Donald Trump 17:10 Will AI Destroy White-Collar Jobs? 19:47 Is De-Dollarization Actually Happening? 21:17 The Future of Crypto Regulation 22:36 Michael Saylor and the Bitcoin Strategy 24:04 What Could Actually Kill Bitcoin? 28:38 Trading Advice for Market Chaos 30:13 Abu Dhabi, Loyalty, and Global Capital