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 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 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 Patreon Page. 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
Write us a review on Apple Podcasts
Subscribe to our mailing list through the Hidden Forces Website
Producer & Host: Demetri Kofinas
Editor & Engineer: Stylianos Nicolaou
Subscribe & Support the Podcast at https://patreon.com/hiddenforces
Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod
Follow Demetri on Twitter at @Kofinas
Episode Recorded on 07/09/2021
How to Invest in an Inflationary Recession | Paulo Macro & Le Shrub
How I Grew My Brain With Hyperbaric Oxygen Therapy | Scott Sherr
A World On The Brink of Total War | Dmitri Alperovitch
Where Are All the Billionaires? | Victor Haghani
America’s National Savings and Debt Crisis | Lacy Hunt
What Comes After the Chinese Economic Miracle? | Anne Stevenson-Yang
Are Gold and Bitcoin Signaling the Return of Money Printing? | Michael Howell
A New Era for China's Semiconductor Industry | Paul Triolo
What Myths Can Teach Us About the AI Arms Race | Joshua Schrei
Exposing the New American Surveillance State | Byron Tau
What Makes Someone a Supercommunicator? | Charles Duhigg
The Coming Paradigm Shift in the Stock Market | Daniel Peris
Superhumans and the Race for AI Supremacy | Stephen Hsu
You Will Be Assimilated: China’s Plan For Global Domination | David Goldman
AI, Transhumanism, and the Future of Humanity | Meghan O’Gieblyn
Is the Middle East Headed For Another Major War? | Kamran Bokhari
Public Interest Politics & the Human Spirit | Marianne Williamson
Rise and Fall of the Neoliberal Order | Gary Gerstle
Are We in a New Crypto Bull Market? | Framework Ventures
What’s Driving the Fall in Oil Prices? | Rory Johnston
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Gorse Culture PODcast : The H.R. Detective Agency!
HCI Leadership Revolution
The Ramsey Show
Planet Money