WTFinance

Hosted by Anthony Fatseas

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Episodes

445

Latest episode

Aug 2026

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EN-US

About the show

WTFinance is a podcast hosted by Anthony Fatseas breaking down the complex world of finance, investing and trading to make it accessible for everyone. We provide weekly interviews with Finance, Trading and Investing experts on YouTube and Podcast platforms. WTFinance believes knowledge of Finance and Investing is a right everyone should have access to. Our ambitions is to provide this to the world through our podcast and future offerings. If you would like to collaborate, please email us at - whatthefinance@hotmail.com

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60 recent

September 11, 202635 min

The Bond Market Blowout Scott Bessent Can't Prevent | Alasdair Macleod

Interview recorded - 9th of September, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Alasdair Macleod. Alasdair Macleod has over decades of experience in financial markets, with a focus on monetary history, systemic risk, and the enduring role of gold. He is one of the most respected voices on sound money and wealth preservation.During our conversation we spoke about the current situation in the economy, the geopolitical crisis we're working through, Scott Bessents buyback, why yields could go to 20% and more. I hope you enjoy!0:00 - Introduction2:13 - Overview of Markets and Economy8:05 - Geopolitical crisis10:11 - Scott Bessent buyback?14:18 - Where would yields go?21:05 - Take down the rest of the world?32:05 - Is there a way out?Alasdair Macleod is is an educator and advocates for sound money through demystifying finance and economics. His background includes being a stockbroker, banker, and economist.Alasdair Macleod started his career as a stockbroker in 1970 on the London Stock Exchange. Within nine years, he had risen to become senior partner of his firm.Subsequently, he held positions at the director level in investment management and worked as a mutual fund manager. Mr. Macleod also worked at a bank in Guernsey as an executive director.For most of his 40 years in the finance industry, he has been demystifying macroeconomic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman's terms what governments do with money and how to protect themselves from the consequences.Alasdair Macleod - Substack - https://alasdairmacleod.substack.com/Twitter - https://twitter.com/MacleodFinanceLinkedIn - https://www.linkedin.com/in/alasdair-macleod-9494b27/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

September 9, 202640 min

Iran, China & Russia Are the Winners of the War | Vali Nasr

Interview recorded - 9th of September, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Professor Vali Nasr. Vali Nasr is a Professor at the Johns Hopkins School of Advanced International Studies, a senior adviser at the Center for Strategic and International Studies, and one of the most authoritative voices on Iran, having advised American policymakers and diplomats on the country for decades. He is also the author of Iran’s Grand Strategy: A political history.During our conversation we spoke about the current situation in the Middle East, the reshaping of the continent, why the US is the real loser in this conflict, whether it'll be a forever war and more. I hope you enjoy!0:00 - Introduction2:37 - Current phase of Iran war5:58 - Challenges of agreement8:51 - Sanction pressure12:34 - Lack of trust14:58 - Forever war?17:31 - Iranian shift post war23:21 - Opposition parties?28:40 - Reshaping the Middle East34:33 - Winner of the conflict?38:53 - One message to takeaway?Vali Nasr is the Majid Khadduri Professor of International Affairs and Middle East Studies at the Johns Hopkins University School of Advanced International Studies (SAIS), and Non-Resident Senior Advisor in the Middle East Program at CSIS. He served as the eighth Dean of Johns Hopkins SAIS between 2012 and 2019 and served as Senior Advisor to U.S. Special Representative for Afghanistan and Pakistan, Ambassador Richard Holbrooke between 2009 and 2011.Professor Nasr is the author of Iran's Grand Strategy: A Political History, The Dispensable Nation: American Foreign Policy in Retreat; Forces of Fortune: The Rise of a New Middle Class and How it Will Change Our World; The Shia Revival: How Conflicts within Islam will Shape the Future; Democracy in Iran: History and the Quest for Liberty; Islamic Leviathan, Islam and the Making of State Power; Mawdudi and the Making of Islamic Revivalism; Vanguard of Islamic Revolution: Jama'at-i Islami of Pakistan, and co-author of How Sanctions Work: Iran and the Impact of Economic Warfare; as well as numerous articles in scholarly journals and commentary in Financial Times, Foreign Affairs, Foreign Policy, New York Times, Washington Post, and Wall Street Journal. He has advised senior American policymakers, world leaders, and businesses, including the President, Secretary of State, senior members of the Congress, and presidential campaigns. He has written for New York Times, Foreign Affairs, Financial Times, Wall Street Journal, and The Washington Post, among others.Vali Nasr - X - https://x.com/vali_nasrBook - https://www.amazon.co.uk/Irans-Grand-Strategy-Political-History/dp/0691268924/WTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas

September 4, 202637 min

The Bond Market is Hitting its Breaking Point! Steve Hanke

Interview recorded - 4th of September, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Professor Steve Hanke. Steve is a renowned economist, the Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University who has authored many books.During our conversation we spoke about the current situation in the economy, risk of inflation, Kevin Warsh, Scott Bessent, economic risk, China deleveraging and more. I hope you enjoy!0:00 - Introduction0:59 - Overview of economy and markets8:39 - Yields out of control11:00 - Inflation 12:23 - Kevin Warsh14:49 - What should FED Change?16:11 - Interest rates23:09 - Scott Bessents buyback25:35 - Global overview28:23 - China deleveraging 30:14 - Japan30:45 - Venezuela35:23 - One message to takeaway?Steve H. Hanke is a Senior Fellow, Contributing Editor of The Independent Review, and a Member of the Board of Advisors at the Independent Institute. He is a Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore. He is also a Senior Adviser at the Renmin University of China’s International Monetary Research Institute in Beijing, and a Special Counselor to the Center for Financial Stability in New York. Hanke is also a Contributing Editor at Central Banking in London and a Contributor at National Review. In addition, Hanke is a member of the Charter Council of the Society for Economic Measurement and a Distinguished Associate of the International Atlantic Economic Society. He is ranked as the world’s third-most influential economics influencer by FocusEconomics in Barcelona, Spain.Steve Hanke: Book - https://link.springer.com/book/10.1007/978-3-031-63398-0X - https://x.com/steve_hankeBio - https://www.independent.org/aboutus/person_detail.asp?id=516WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

August 31, 202644 min

Gold vs. The Dollar: Why the Global Hegemony is Ending | Matthew Piepenburg

Interview recorded - 26th of August, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Matthew Piepenburg. Matthew Piepenburg is Partner at Von Greyerz, author of Rigged to Fail, and co-author of Gold Matters — a comprehensive examination of gold as a historically confirmed wealth preservation asset. He began his career as a transactional attorney, launched a hedge fund during the NASDAQ bubble, and has worked across family offices and Morgan Stanley's hedge fund platform before dedicating his work to precious metals and monetary risk.During our conversation we spoke about the current situation in the markets and economy, Scott Bessent's strategy, destroying the financial system, the treasury buying gold and more. I hope you enjoy!0:00 - Introduction2:13 - Overview of economy and markets?10:34 - Scott Bessent’s strategy18:26 - Destroying the financial system25:11 - Treasury buying gold35:39 - Average person struggling41:43 - One message to takeaway?Matt began his finance career as a transactional attorney before launching his first hedge fund during the NASDAQ bubble of 1999-2001Thereafter, he began investing his own and other HNW family funds into alternative investment vehicles while operating as a General Counsel, CIO and later Managing Director of a single and multi-family office. Matthew worked closely as well with Morgan Stanley’s hedge fund platform in building a multi-strat/multi-manager fund to better manage risk in a market backdrop of extreme central bank intervention/support. The conviction that precious metals provides the most reliable and longer-term protection against potential systemic risk led Matt to join VON GREYERZ.The author of the Amazon No#1 Release, Rigged to Fail, Matt is fluent in French, German and English; he is a graduate of Brown (BA), Harvard (MA) and the University of Michigan (JD). Along with Egon von Greyerz, Matthew is the co-author of Gold Matters, which offers an extensive examination of gold as an historically-confirmed wealth-preservation asset.Matthew Piepenburg - LinkedIn - https://linkedin.com/in/matthewpiepenburgWebsite - https://vongreyerz.gold/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

August 28, 202632 min

The Middle East, US Sanctions, and the Coming Economic Shift | Doomberg

Interview recorded - 25th of August, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Doomberg. During our conversation we spoke about the current economy, economic uncertainty, democratic pain, solution in the Middle East, US sanctions and more. I hope you enjoy!0:00 - Introduction1:52 - Overview of the economy and markets4:22 - Economic uncertainty8:44 - Democratic pain15:46 - US becoming an emerging market?18:56 - Solution in the Middle East?27:51 - US sanctions29:21 - Anything positive?31:40 - One message to takeaway?Doomberg is an independent, widely distributed publication that delivers concise, entertaining, provocative articles centered on energy, finance, and geopolitics. They are a small team of entrepreneurs that started this business after long careers in the industrial sector. With trillions of taxpayer dollars and myriad government mandates thrown at the energy transition, there was a practical voice missing in the traditional media. They started writing in that voice, with the freedom of having no master to serve beyond the foundation of our own principles, experience, and work ethic.This publication is their passion, and the content is supported by our team’s deep experience in heavy industry, private equity, and the hard sciences. They are entirely reader-supported and have grown to be the most widely read finance newsletter on the Substack platform.Doomberg - Substack - https://doomberg.substack.com/Twitter - https://twitter.com/DoombergTEmail - doomberg@doomberg.comWTFinance Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

August 26, 202632 min

The AI Crash is Coming (And It’s Worse than 2008) | Edward Dowd

Interview recorded - 26th of August, 2026On this episode of the WTFinance I had the pleasure of welcoming back Edward Dowd. Edward Dowd is a former BlackRock portfolio manager and founder of Phinance Technologies. He has been early on several of the most important macro calls of recent years and his January 2026 recession warning was published before a single shot was fired in Iran.During our conversation we spoke about his thoughts on the economy, AI struggles, hyperscaler capex, China risks, potential of Plaza Accord 2.0, government debt crisis and more. I hope you enjoy!0:00 - Introduction0:57 - Overview of the economy?1:54 - AI struggles7:50 - A house of cards9:05 - How bad would crash be?10:45 - Hyperscaler capex13:05 - US Real Estate17:30 - China risks21:39 - Demographic issues23:45 - Plaza Accord 2.024:35 - Government debt crisis28:50 - Bonds30:05 - One message to takeaway?Edward Dowd is currently a founding partner with Phinance Technologies. He has worked on Wall Street the majority of his career, most notably at Blackrock as a portfolio manager where he managed a $14 billion Growth equity portfolio for ten years. Edward's book Cause Unknown: The Epidemic of Sudden death in 2021 & 2022 propelled him as an alternative voice during the pandemic and the economic implications that continue to plague us today. Phinance's unique alternative macroeconomic analysis of the global debt crisis and what may unfold has given many a deeper understanding of the global nature of our problems today.Edward Dowd:Website - https://www.eddowd.com/Substack - https://substack.com/@eddowdbeyondthenarrativePhinance - https://phinancetechnologies.com/Home.aspX - https://x.com/DowdEdwardWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

August 19, 202639 min

Marc Faber's 2026 Warning: "Devastating Recession" as AI Bubble Bursts

Interview recorded - 17th of August, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Marc Faber. Marc is a well known contrarian investor & the Editor and Publisher of the “Gloom, Boom & Doom Report”.During our conversation we spoke about his overview of the economy, the K shaped economy, market manipulation, whether we've reached a peak, geopolitical risks, protecting wealth and more. I hope you enjoy!0:00 - Introduction1:05 - Overview of the economy and markets?4:13 - K shaped economy7:04 - Manipulation8:45 - AI bubble13:27 - Record leverage15:15 - Market peak?20:12 - How to fix the economy?25:29 - How to protect money27:05 - Geopolitical risk31:35 - The new system34:11 - Underappreciated assets36:50 - One message to takeaway?Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude.Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, publishing a widely read monthly investment newsletter “THE GLOOM BOOM & DOOM” report which highlights unusual investment opportunities.He is also the author of several books including “TOMORROW’S GOLD – Asia’s Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “TOMORROW’S GOLD” was for several weeks on Amazon’s best seller list and has been translated into Japanese, Korean, Thai and German.Dr. Faber is also a regular contributor to several leading financial publications around the world.A book on Dr Faber, “RIDING THE MILLENNIAL STORM”, by Nury Vittachi, was published in 1998.A regular speaker at various investment seminars, Dr Faber is well known for his “contrarian” investment approach.Marc Faber -Website - https://www.gloomboomdoom.com/Twitter - https://twitter.com/gloomboomdoom?lang=enLinkedIn - https://www.linkedin.com/in/marc-faber-gloomboomdoom/?originalSubdomain=hkWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

August 17, 202634 min

Dollar at the "Danger Stage" - US Has Become an Emerging Market | Tavi Costa

Interview recorded - 13th of August, 2026On this episode of the WTFinance podcast I have the pleasure of welcoming back Tavi Costa. Tavi Costa is a macro investor and mining entrepreneur, and the Founder and CEO of Azuria Capital.During our conversation we spoke about his current thoughts on markets and the economy, what this means for the FED relevance, dollar debasement, mining stocks undervalued, where Tavi is watching and more. I hope you enjoy!0:00 - Introduction2:03 - Overview of markets and economy?3:53 - FED relevance6:45 - Dollar Debasement14:51 - Bond Market buying gold17:38 - US buying gold?22:21 - Miners undervalued27:31 - Where is Tavi watching?31:28 - One message to takeaway?Tavi Costa is a macro investor and mining entrepreneur, and the Founder and CEO of Azuria Capital. His macroeconomic research and thematic frameworks have reached millions of readers globally, attracting the attention of leading investors and policymakers. Mr. Costa is also the founding shareholder of San Cristóbal Mining following the acquisition of the world’s fourth-largest silver mine. He is regularly featured in The Wall Street Journal, Barron’s, Bloomberg, and has presented at the IMF. Tavi graduated cum laude from Lindenwood University in St. Louis and played NCAA Division I tennis for Liberty University.Tavi Costa - X - https://x.com/TaviCostaLinkedIn - https://www.linkedin.com/in/otavio-tavi-costa-76368628/Substack - https://substack.com/@tavicostaWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

August 16, 202644 min

The Dollar System is Over - It Has All Been Planned | Simon Dixon

Interview recorded - 13th of August, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming on Simon Dixon. Simon Dixon is a former investment banker, geopolitical and financial analyst, and co-founder of BnkToTheFuture, which has facilitated over $2.5 billion in investments into more than 100 companies including Coinbase, Kraken, and Robinhood. He has spent nearly two decades applying a follow the money lens to the forces reshaping the global economy.During our conversation Simon spoke about his overview of the markets, potential treasury intervention, pumping stock market higher, Plaza accord 2.0, end game of central banks and more. I hope you enjoy!0:00 - Introduction2:06 - Overview of the economy and markets?5:35 - Treasury intervention7:40 - Pumping stock market higher12:43 - Middle East Outcome19:28 - Multipolar financial world22:24 - Plaza Accord 2.028:25 - End game of Central Banks30:28 - Gaining control35:25 - Protect yourself42:40 - One message to takeaway?Simon is the CEO and Co-Founder of Bnk To The Future, a platform dedicated to helping people build and protect their Bitcoin wealth. He authored Bank To The Future – Protect Your Future Before Governments Go Bust, the first published book to include Bitcoin.Simon left investment banking in 2006 to campaign for monetary reform and discovered Bitcoin when it was just $3. Since then, he's focused on empowering people to prepare for a rapidly evolving financial world, investing early in companies shaping the Bitcoin ecosystem, such as Coinbase, Kraken, Bitfinex, BitPay, Ripple, Robinhood, and others.Every Friday, he hosts BitcoinHardTalk live on YouTube and X, discussing Bitcoin, macroeconomics, and geopolitics. Simon Dixon - YouTube - @SimonDixon21 Website - https://www.simondixon.com/X - https://x.com/SimonDixonTwittWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

August 7, 202651 min

Gold Revaluation to $139,000 to Prevent Debt Collapse? Andy Schectman

Interview recorded - 4th of August, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Andy Schectman. Andy is the CO of Miles Franklin Precious Metals. During our conversation we spoke about the current situation in the economy, the structural issues that are facing the monetary system, what this means for gold and precious metals, creation of multipolar systems and more. I hope you enjoy!0:00 - Introduction2:17 - Overview of markets10:15 - FED & Treasury fix problem?17:29 - Inflate debt away20:45 - Solution to productivity issues35:51 - China rebasing vs gold41:19 - Multipolarity46:54 - One message to takeaway?Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business.Andy Schectman Website - https://www.milesfranklin.com/Twitter - https://twitter.com/milesfranklincoLinkedIn - https://www.linkedin.com/in/andy-schectman-0895854/WTFinance - Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas