Amazon Loses $39 Billion and is Worth Zero
Money Manager Chris Galizio joins us to discuss why the market is not efficient and no longer follows sound financial concepts.
During the last two years, the companies that lost the most money gained the most. Now, we see companies such as Netflix crashing because their fundamentals never made sense.
The market is driven by the Fed's monetary policy which values companies that take on the most debt. We are in central planning and have left capitalism behind.
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