“None of the Fed’s rate hikes have affected the consumer yet,” and it’s because of the excessive printing of U.S. dollars, exclaims Kevin O’Leary, widely known as “Mr. Wonderful.” If we see a slowdown in earnings, “it’ll probably be in Q1 or Q2 next year,” he tells our Daniela Cambone. O’Leary breaks down for investors why, “there is no question that it does matter what happens in the midterm elections.” European banks are zombie banks, “and never went through the cleansing the U.S banks went through,” he continues. O’Leary concludes by dissecting the “three horsemen” of the Web3 movement and why it’s critical for the future of decentralized money.
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