Your Money with Michelle Martin
Business:Investing
Money and Me: What FTX's collapse means for the future of crypto, has inflation peaked and what a downsized tech industry means for the economy
It comes as no surprise that the biggest news making headlines this week is the dramatic collapse of the cryptocurrency exchange FTX. Coupling this with the sharp fall in the price of Bitcoin to the crash of Luna earlier this year, what does the future of crypto look like?
Meanwhile, with big US Tech giants like Amazon, Meta and Twitter commencing their layoffs, what picture does this paint for the broader economy? And does this confirm that a global recession is just around the corner? Zia-ul Raushan and Dan Koh get the answers from Arun Pai, Investments Team, Monks Hill Ventures.
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