News: Jim Chanos Warns Of Next Black Swan
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 2 February 2023
⏱️ 19 minutes
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| 0:00.0 | Hello fellow Rebel capitalists, hope you're well. |
| 0:02.2 | Wanted to go over a story from |
| 0:04.8 | C and B. C. They recently interviewed Jim Chainos, |
| 0:08.5 | one of my favorites. And I know Jim's kind of part of the |
| 0:12.2 | mainstream and all that stuff and obviously I don't agree with him on everything but I do really have a lot of respect for him and I like to listen to him whenever he's interviewed. |
| 0:24.2 | There's a few guys out there that are part of the mainstream |
| 0:27.0 | that I still really like to hear their thoughts. |
| 0:30.5 | Jim is one, Jeff Gunlock is another. |
| 0:33.6 | So let's go into this because right at the very end of this interview, |
| 0:38.6 | the gentleman from C.N.C. |
| 0:40.8 | asks him about the debt ceiling and Jim says well this could be one of those |
| 0:48.0 | Black Swan type events and you know I use that term loosely and but the true definition of a black swan is some sort of financial crisis that nobody sees coming like nobody |
| 1:01.0 | other than you know just maybe some people way out the fringe like |
| 1:05.1 | the surveys of sickness that obviously it was like the textbook Black Swan the |
| 1:11.3 | housing market. |
| 1:12.6 | You know, that was another good example, |
| 1:14.3 | but probably not as good as the Serbasis sickness. |
| 1:17.4 | But, but in, you know, and I myself try to think about, |
| 1:20.4 | okay, what could be the next Black Swan? |
| 1:22.3 | Maybe I can kind of see around the corner, so to speak, |
| 1:26.1 | and maybe try to not figure it out |
| 1:29.1 | because no one's ever gonna know for sure by definition, |
... |
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