The “Big Short” Guy just bet $1.6 billion the Stock Market will crash. Zach Abraham joins.

Zack Abraham, chief investment officer at Bulwark Capital, joins us. We discuss the man who was made famous for the “Big Short” movie and how he has bet 1.6 billion dollars that the stock market will crash. It is a huge bet, but as Wall Street types always do, it’s not actually money he’s betting. Zach also shares some brutal truths about what Blackrock and Vanguard people tend to be like and I share with Zach my sense that those mobbed-up banks seem to be suckering the little guys to go all in on the sugar high economy.

What does God’s Word say?
Proverbs 13:11
11 Dishonest money dwindles away, but whoever gathers money little by little makes it grow.
Ecclesiastes 5:10
10 Whoever loves money never has enough; whoever loves wealth is never satisfied with their income. This too is meaningless.
Luke 12:15
15 Then he said to them, “Watch out! Be on your guard against all kinds of greed; life does not consist in an abundance of possessions.”
Hebrews 13:5
5 Keep your lives free from the love of money and be content with what you have, because God has said, “Never will I leave you; never will I forsake you.”

Episode 1,043 Links:
The Big Short film - language warning!
'The Big Short' Explained


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