EPISODE · Jan 2, 2024 · 1 MIN
The Big Short of 2024
from skwealthacademy · host John Kim
This is a free preview of a paid episode. To hear more, visit tomiiacademy.substack.comTo begin, a happy new year to all and wishes for a blessed 2024. The US financial industry has done it again by failing to learn anything from the criminal mistakes they made in selling subprime NINJa (No Job, No Income) loans to America that created the subprime mortgage fiasco, incentivized Goldman Sachs to create a brand new CDS (credit default swap)…
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The Big Short of 2024
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