Patrick Boyle On Finance

Episodes page 4 of 6

1. The Downfall of Dozy Mmobuosi

   29 Dec 2023 · 26 min

   Send us a textDozy Mmobuosi, the founder and CEO of Tingo Mobile has been accused by US Regulators of running a "staggering fraud."Tingo Mobile claimed to provide mobile phones to rural farmers in Nigeria and build a…

2. 2023 - The Financial Year in Review

   23 Dec 2023 · 35 min

   Send us a textIn this week's podcast we look at the biggest financial news stories of the year, bank runs, The Elon Musk - Mark Zuckerberg fight, The Sam Bankman Fried Trial and much more.Patrick's Books:Statistics For…

3. The Frozen US Real Estate Market.

   16 Dec 2023 · 21 min

   Send us a textHigher mortgage rates should be expected to depress the housing market, and the US has just seen one of the steepest rate increases in history.Would-be homebuyers are facing massive sticker shock, with…

4. Javier Milei - Taking a Chainsaw to the Argentine Economy.

   9 Dec 2023 · 32 min

   Send us a textArgentina’s new president, Javier Milei describes himself as an anarcho- capitalist and says that he will take a chainsaw to the Argentine economy. He has campaigned that he will dollarize the economy and…

5. Twitter is Going Bankrupt!

   2 Dec 2023 · 29 min

   Send us a textElon Musk told advertisers who have halted spending on X due to his endorsement of an antisemitic post to “go f**k” themselves, in an unhinged interview with Andrew Ross Sorkin (who Elon calls Jonathan).…

6. Sam Altman and OpenAI. What went wrong?

   23 Nov 2023 · 19 min

   Send us a textFired CEO Sam Altman will return to run OpenAI - the company he co-founded, following days of speculation and turmoil at the leading generative artificial intelligence start-up.In a dramatic reversal,…

7. The Man Who Modernized China

   21 Nov 2023 · 36 min

   Send us a textWhen Mao Zedong died in 1976 his successors seized the opportunity to reassess the wisdom of Chinas rigid commitment to Marxist doctrine. With Deng Xiaoping in charge, China scoured the globe in search of…

8. The End of the Peace Dividend

   11 Nov 2023 · 21 min

   Send us a textRussia’s invasion of Ukraine was a wake-up call to all western governments. Alongside China’s rise, the threat of a nuclear-armed Iran and instability in Africa, the new era of global conflict has forced…

9. Are Ray Dalio's Principles the Secret to His Success?

   7 Nov 2023 · 1 h 05 min

   Send us a textSign up for Compounded Daily at this link: https://www.compoundeddaily.com/Since founding Bridgewater nearly 50 years ago, Ray Dalio has become one of the world’s richest investors. He is widely credited…

10. Sam Bankman Fried - Guilty on All Charges!

    4 Nov 2023 · 24 min

    Send us a textA jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. The FTX founder faces a maximum sentence of 115 years in prison. In today's podcast we discuss the findings of the trial…

11. Is This a Golden Age of Fraud?

    28 Oct 2023 · 23 min

    Send us a textA podcast about how "passive income" money-making scams seem to have taken over the internet, and the economic implications of such scams.Patrick's Books:Statistics For The Trading Floor:…

12. The Big Bond Selloff!

    20 Oct 2023 · 20 min

    Send us a textThe 10-year U.S. Treasury yield closed above 4.9% yesterday, its highest level since July 2007. The bond-market sell-off that's pushing yields higher is starting to eclipse some of the most extreme market…

13. Is Ireland Really the World's Richest Country?

    14 Oct 2023 · 24 min

    Send us a textOil rich countries have long used sovereign-wealth funds to store their windfall profits from periods of high prices for future years when hard times might arise. Ireland on Tuesday created its own…

14. The Inevitable Decline of WeWork

    8 Oct 2023 · 37 min

    Send us a textWeWork announced this week that it would not make two sets of interest payments totaling about $95 million, a move meant to jump-start negotiations with its lenders at the same time it tries to cut costs…

15. Billions of Dollars Trapped In Russia!

    29 Sep 2023 · 19 min

    Send us a textA large number of western firms have continued to operate and invest in Russia since Putin’s invasion of Ukraine. These companies are estimated to have earned profits of around $20 billion dollars since…

16. How Involved Were Sam Bankman Fried's Parents?

    23 Sep 2023 · 30 min

    Send us a textFTX has sued Joseph Bankman and Barbara Fried, the parents of Sam Bankman-Fried, claiming they enriched themselves by siphoning off millions of dollars in “fraudulently transferred and misappropriated…

17. The Top Seven Biggest Business Mistakes!

    20 Sep 2023 · 21 min

    Send us a textWhen a company, brand or product gets really big, it can be easy to imagine that company will remain in business forever. Yet businesses rise and fall over time, with millions and billions of dollars…

18. Number Go Up - Zeke Faux Interview

    16 Sep 2023 · 1 h 14 min

    Send us a textBloomberg journalist Zeke Faux travelled around the world to better understand the world of crypto currencies, meeting the biggest names in the space on superyachts in the Caribbean and at parties in…

19. The Biggest US Trading Partner Is No Longer China!

    14 Sep 2023 · 26 min

    Send us a textThe US-China trade war is rewiring global trade. While the US seeks to reduce its reliance on China and other geopolitical rivals and start sourcing imports from closer to home, Mexico is starting to…

20. Goldman Sachs Helps China buy Foreign Companies

    5 Sep 2023 · 18 min

    Send us a textGet one month of complete digital access to the Financial Times for $1 by clicking here: https://subs.ft.com/patrick_boyle?segmentId=979ca37f-c690-7295-5eba-bf4ff33d3bb4Goldman Sachs is reported in the FT…

21. In China - Don't Say Deflation

    29 Aug 2023 · 28 min

    Send us a textClick my CoPilot https://go.mycopilot.com/PatrickBoyle link to get a 14-day FREE trial with your own personal trainer!China’s economy has been struggling to reawaken from an economic shutdown that was…

22. The Panic of 1907 - How JP Morgan Saved the US Economy.

    25 Aug 2023 · 44 min

    Send us a textThe Panic of 1907 was a six-week stretch of bank runs in October and early November of 1907, where the stock market crashed, the city ran out of money and numerous banks and brokerage firms went bankrupt.…

23. Can Our Power Grids Handle the Green Energy Boom?

    19 Aug 2023 · 25 min

    Send us a textThe demand for electricity has been soaring around the world, and this increase in demand is expected to continue. Governments have been creating rules to electrify transportation, heating, household…

24. Million Dollar Homes - Where Should "How Money Works" Live?

    12 Aug 2023 · 26 min

    Send us a textIn today's podcast I look at the affordability of real estate in the United States and around the world. I try to help my friend who runs a popular YouTube channel "How Money Works" find a good place to…

25. The Five Stocks Driving the Market in 2023

    5 Aug 2023 · 20 min

    Send us a textThe performance of the US stock market is the most concentrated it has ever been. Seven of the biggest stocks — Apple, Microsoft, Google owner Alphabet, Amazon, Nvidia, Tesla and Meta — have rallied…

26. Are Taylor Swift and Beyoncé to Blame?

    29 Jul 2023 · 14 min

    Send us a textIn Europe’s battle against inflation, new villains have emerged: Beyoncé and Taylor Swift!Last month, as Beyoncé kicked off her world tour, fans flocked to Sweden from around the world for the shows,…

27. Is The Luxury Goods Bubble About to Burst?

    22 Jul 2023 · 20 min

    Send us a textIn March 2023 Bernard Arnault, the chairman and CEO of luxury fashion giant LVMH overtook Elon Musk to become the wealthiest person in the world. He is the only European in the list of top 10 richest…

28. Western Economies Fight Back!

    15 Jul 2023 · 23 min

    Send us a textWhen the Biden administration passed the Inflation Reduction Act and the Chips and Science Act for clean energy and tech last year, Americas trade allies in Europe and Asia were surprised. Now they are…

29. Why Are Cars Suddenly So Expensive?

    8 Jul 2023 · 17 min

    Send us a textOver the last three years we have seen the biggest car price increases in history. Last year the average cost of a new car in the United States was forty-seven thousand dollars and the average used car…

30. How George Soros Broke the Bank of England!

    2 Jul 2023 · 26 min

    Send us a textIn The UK, September 16, 1992, is known as Black Wednesday, the day when speculators including George Soros and Stanley Druckenmiller "broke the pound." This expression is used to describe the moment in…

31. Britain’s Mortgage Crisis!

    23 Jun 2023 · 25 min

    Send us a textRising mortgage payments are squeezing the finances of millions of borrowers in Britain, threatening to undermine household spending and the broader economy.The dream of a soft landing that would have the…

32. The Scam of The Century!

    16 Jun 2023 · 16 min

    Send us a textAside from losing over 1.13 million people, the United States is thought to have lost billions of dollars in pandemic relief fund fraud, according to the most recent Associated Press analysis, published…

33. The SEC Comes For Crypto!

    9 Jun 2023 · 25 min

    Send us a textThis week, the US Securities and Exchange Commission (SEC), filed lawsuits against Binance and Coinbase, two of the world’s biggest crypto exchanges, on which investors buy and trade a large offering of…

34. How A Lottery Win Might Change You.

    2 Jun 2023 · 15 min

    Send us a textWe’ve all heard the story of how a lottery win, which at first may appear to be a great blessing slowly reveals itself to be a curse. In today's video we look at what happens to people after they win the…

35. How Will Turkey's Election Shape the Economy?

    25 May 2023 · 18 min

    Send us a textTurkish voters return to the polls this weekend to choose a president. Before the first round of the election, polls suggested that voters were evenly divided between the two biggest parties. However,…

36. The Problems In The Commercial Real Estate Market

    20 May 2023 · 14 min

    Send us a textThe next big potential risk to the U.S. economy may be lurking in office buildings across the country's downtown districts. With so many people still working from home, companies are cutting back on…

37. The Death of Globalization!

    13 May 2023 · 23 min

    Send us a textThe three-decade era of globalization risks going into reverse according to company executives and investors. In this video we look at the economic evidence in a paper called Is the Global Economy…

38. Hindenburg Research takes on Carl Icahn

    6 May 2023 · 19 min

    Send us a textLegendary corporate raider and activist Carl Icahn found himself on the wrong side of a familiar battle this week when the short selling investment firm Hindenburg Research took aim at Icahn’s publicly…

39. Why First Republic Bank Was Seized and Sold to JPMorgan?

    6 May 2023 · 14 min

    Send us a textThe FDIC took possession of First Republic Bank on Monday, resulting in the third failure of an American bank since March.JPMorgan Chase, already the largest U.S. bank by several measures, emerged as the…

40. Would a BRICS Common Currency Work?

    28 Apr 2023 · 22 min

    Send us a textThe BRICS nations have been discussing the idea of creating a new currency to facilitate overseas trade. The idea was put forth by Russia as it faces economic sanctions from the West over its invasion of…

41. Is Apple A Threat to Banks?

    26 Apr 2023 · 14 min

    Send us a textApple recently announced its latest financial product in partnership with Goldman Sachs — a savings account designed for Apple Card users. The high-yield savings account comes with a 4.15% interest rate…

42. How Good is Popular Personal Financial Advice?

    22 Apr 2023 · 35 min

    Send us a textThe term “Finfluencer” refers to a person who by virtue of their popular or cultural status has an outsize impact on investor decisions through social media influence. According to Sue Guan of Santa Clara…

43. Forbes Has a Fraud Problem!

    15 Apr 2023 · 18 min

    Send us a textDisgraced Frank founder Charlie Javice has joined the likes of Elizabeth Holmes and Sam Bankman-Fried on a growing list of founders to be lavished with honors by the financial news outlet Forbes – only to…

44. Jamie Dimon Warns Banking Crisis 'Is Not Yet Over!'

    8 Apr 2023 · 18 min

    Send us a textJamie Dimon, the chief executive of JPMorgan Chase, warned that the banking crisis 'not yet over' in an annual letter to shareholders just weeks after the collapse of three US banks.He said he didn't…

45. China's Overseas Bailouts!

    30 Mar 2023 · 17 min

    Send us a textChina has significantly expanded its bailout lending as its Belt and Road Initiative blows up following a series of debt write-offs, scandal-ridden projects and allegations of corruption according to a…

46. The End of Credit Suisse!

    22 Mar 2023 · 24 min

    Send us a textAfter a weekend of intense negotiations, Swiss authorities brokered an emergency deal to sell Credit Suisse the troubled 167-year-old investment bank to its Swiss rival, UBS. A $54bil lifeline from the…

47. What's happening with Credit Suisse?

    19 Mar 2023 · 16 min

    Send us a textLet's discuss the ongoing controversy at Credit Suisse, if they are like Silicon Valley Bank and what this means for depositors and investors!Patrick's Books:Statistics For The Trading Floor:…

48. Silicon Valley Bailout

    13 Mar 2023 · 27 min

    Send us a textA number of things went wrong at Silicon Valley Bank over the last days, weeks and years, there were huge failures of risk management. The risk manager would have some tough questions to answer, except…

49. Bank Runs!

    10 Mar 2023 · 26 min

    Send us a textBanks don’t fail very often, and bank runs appear to be mostly a thing of the past. The last bank failure in the United States happened in 2020 when a small bank in Kansas failed. That two-year streak was…

50. Artificial Intelligence.

    4 Mar 2023 · 31 min

    Send us a textLet’s talk about Artificial Intelligence, what it is, how it works and where it might be taking us. We’ll try and see if as an investor you should worry about missing the boat on AI, and as an individual…