The Asian Financial Crisis & the Birth of the Age of Debt | Russell Napier скачать в хорошем качестве

The Asian Financial Crisis & the Birth of the Age of Debt | Russell Napier

In Episode 199 of Hidden Forces, Demetri Kofinas speaks with investor and financial historian Russell Napier. Napier’s latest book, “The Asian Financial Crisis: 1995-1998,” covers a period of time that many investors are either not familiar with or haven’t studied anywhere near as closely as they should be given its relevance to the investment regime in which we are living today. Today’s investment regime—what Russell Napier called “The Age of Debt”—is characterized by excessive private and public debt levels, financial repression, market concentration, and all of the unintended consequences that arise from the perverse incentives that these dynamics create. We spend the first hour of our conversation discussing the crisis itself, its drivers, as well as the practices and policies that made it possible. The second hour is spent on the resolution of the crisis and applying the lessons learned from that period to today, with implications for the future path of interest rates, inflation, growth, political stability, and most practically, opportunities for investing in the new market regime that we are moving into. Since this episode deals with markets and investing, we want to make it absolutely clear that nothing we say on this podcast can or should be viewed as financial advice. All opinions expressed by Demetri Kofinas and Russell Napier are solely their own opinions and should not be relied upon as the basis for financial decisions. You can access the episode overtime, as well as the transcript and rundown to this week’s episode through the Hidden Forces website at https://hiddenforces.io/subscribe or through our Patreon Page at   / hiddenforces  . All subscribers gain access to our overtime feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | Spotify | Stitcher | SoundCloud | YouTube | CastBox | RSS Feed Subscribe & Support the Podcast at   / hiddenforces   Instructions for connecting Overtime Feed to your phone:   / 212055866-how-do-i-get-and-use-my-audio-rs...   Write us a review on Apple Podcasts at https://podcasts.apple.com/us/podcast... Subscribe to our mailing list through the Hidden Forces Website at HiddenForces.io. Follow Hidden Forces on Twitter:   / hiddenforcespod   Follow Demetri on Twitter:   / kofinas   Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Episode Recorded on 07/09/2021