global wealth
4 statements across 3 episodes · 1 bullish · 2 bearish · 3 people on the record · first statement May 13, 2022 by Chamath Palihapitiya · across every show →
Everything said about global wealth, oldest first
May 13, 2022 neutral
Chamath: The 2008 financial crisis destroyed 19% of global wealth
“And for reference in 2008, when we went through, you know, a cataclysmic shock to the system that threatened the banking infrastructure of America and a potential contagion to the world that destroyed 19% of the world's global wealth at that point.”
May 13, 2022 negative
Chamath: $35 trillion in global wealth destroyed in early 2022
“Since the beginning of this year till about yesterday, so I think the number is still going up probably by at least by a trillion dollars. We have destroyed collectively as a society 35 trillion dollars in global market value. Now, to give you a sense of that,…”
May 27, 2022 negative