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Amazon Loses $39 Billion and is Worth Zero

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First published at 21:49 UTC on May 12th, 2022.

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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 Netfli…

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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Category	Business & Finance
Sensitivity	Normal - Content that is suitable for ages 16 and over

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