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February 18, 2021 | Roubini Not Buying Cryptomania

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel ( Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog:

The higher prices go in financial manias, the more people buy in, and the more infectious the pressure to declare gains justified.  Even those who can do the math and know better are very often swept into ‘new era’ thinking. Roubini sees a naked Emperor in crytocurrencies and doesn’t mind saying so.  He summarizes many compelling reasons why in this clip.  Worth watching.

Nouriel Roubini, a professor at New York University’s Stern School of Business, discusses the surge in Bitcoin and says the cryptocurrency has no value and is in a bubble.

Here is a direct video link.

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February 18th, 2021

Posted In: Juggling Dynamite

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