Market Report: THE CRYPTO CRASH OF 2022
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 15 July 2022
⏱️ 10 minutes
🧾️ Download transcript
Summary
In this Market Report we went over the crypto crash of this year and explained how it's similar to the housing crash of 2008. #crypto #investing #realestate
Link to episode: https://youtu.be/368aVWMsMa0
Link for Stock Club Sale: Link for Stock Club Sale: https://joinredpanda.samcart.com/referral/0J3sPcDo/QPSUPKI9gbfQVwVU
EYL University: https://www.eyluniversity.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Transcript
Click on a timestamp to play from that location
| 0:00.0 | What parallels do you see with the crypto crash of 2022 and the housing crash of 2008? |
| 0:06.8 | The biggest thing that I see everyone please write this down that overleveraging leads to disaster. |
| 0:13.6 | I have improvement yet and I try to only talk about my conspiracy theories that become true |
| 0:18.5 | when I have like a preponderance of data. But the biggest thing that I'm seeing I feel as if |
| 0:25.3 | and I'll prove this in a couple of weeks that a lot of the banking institutions allow these crypto |
| 0:32.8 | platforms to overleverage to let them blow up so they can then either bail them out or take them over. |
| 0:39.1 | So in 2008 when a housing crisis happened, Lehman had a chance to get saved. They didn't |
| 0:44.9 | bear stones had a chance to get saved. They didn't want to. Warren Buffett did his James |
| 0:49.6 | Peer Park Morgan if you go listen to the episode with Josh Brown, that's one of the people that he has in |
| 0:53.3 | the background, which the bank was the originated JP Morgan and the regulations came down |
| 0:59.7 | heavy from that so no one person to save the United States of America. And then of course like I |
| 1:04.8 | say, Warren Buffett bailed out bank for America and got preferred shares. I think what is causing |
| 1:11.2 | and accelerating this crash is overleveraging my crazy. For those of you who overleveraged in 2018 |
| 1:16.4 | in 2017 and you got 20 x leverage or 50 x leverage even BitBoy talked about how he used leverage |
| 1:23.2 | in Bitcoin to make a lot of money. But when those loans get called and the money isn't there, |
| 1:28.9 | now we're seeing that a lot of these brokerages don't have enough money to even remain |
| 1:33.6 | sovereign, which on the other side presents an opportunity. So when someone is going under someone |
| 1:39.7 | like Sam from empty acts, he can come in and buy a lot of these and be the Warren Buffett of the |
| 1:44.8 | crypto space. I'll talk about it later in the slides, but even with, and I know some people |
| 1:51.5 | in crypto may not like my takes, but the truth is I love blockchain technology. But when I'm reading |
| 1:58.0 | the paperwork from BC's angels and even some of the people that own these platforms, they're not |
| 2:03.7 | doing their deals on the chain, they're doing them off of the chain and doing backdoor deals with banks. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from EYL Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of EYL Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.