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Plain English with Derek Thompson

Market Meltdown: Why Tech and Crypto Are Crashing - and What Happens Next

Wed, 11 May 2022

Description

The stock market is absolutely gross right now. Everything is down, except (as loyal listeners know) the CATAN portfolio. Crypto has cratered, growth stocks have been ravaged, and hedge funds are imploding. Why is this happening? Is this Dot-Com Bubble 2.0? And what does it mean for the future of the U.S. economy, investing, and tech? Investor, entrepreneur, and podcaster Jason Calacanis joins the show. He gives us a brief history of the 21st century tech industry, explains why this is like and unlike the summer of 2000, makes some bold predictions about crypto and the economy, and tells us how he's advising young chief executives. If you have questions, observations, or ideas for future episodes, email us at [email protected]. Host: Derek Thompson Guest: Jason Calacanis Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

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