Liaquat Ahamed
speaker
238 appearances
1 recordings
1 series
first heard Jul 2026
last heard 27 Jul
Liaquat Ahamed’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
And then suddenly railroad bond issuance doubled.
So we suddenly went up to $500 million a year in an economy that's roughly 5% of their GDP.
which today would be $1.5 trillion in the US.
So that $1.5 trillion that went into SpaceX is what went into the railroads.
Right.
And that was totally mismanaged.
They could have fed it into the economy at a slower pace, but injecting 25% of GDP in liquid cash into an economy that was relatively unsophisticated, where everyone who owned government bonds
found their government bonds paid off, paid off meaning redeemed, suddenly sort of looked around and said, what do I do with this money?
And was looking around for opportunities and lo and behold, a whole lot of charlatans
on the scene to try to liberate them of their money.
It was not only a stock market boom, but it was a giant IPO boom.
And the stock market, which had maybe 30 or 40 companies listed, suddenly ballooned to 500, 600 companies.
And these companies, a lot of them were banks.
A lot of them were real estate.
A lot of them were railroad companies.
But they were also all sorts of things, you know, setting up companies to explore the northern regions of Europe.
Companies to, you know, I don't know, look for banana plantations in West Africa.
So it was a crazy time.
Oh, okay.
Everyone's happy.
Showing 61–80 of 238 · page 4 of 12
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