R.P. Eddy: Don't Ignore The Cassandras

Danny, Vinnie and Porter are joined by R.P. Eddy, founder and CEO of the global intelligence and advisory firm Ergo, and co-author of Warnings: Finding Cassandras to Stop Catastrophes. Eddy explains what separates a true Cassandra from a Chicken Little. He also explains why being right is only half the job if no one listens. He traces how the Fukushima disaster set off a chain of decisions that left Europe dependent on Russian energy. The conversation then turns to AI. Eddy argues that controllability is the risk we haven't confronted yet. He says the "beat China" framing is a false choice, and that the economic "denominator" behind AI spending is real, even if the market gets frothy. Learn more about the The Cassandra Award here: https://cassandraaward.net Timecodes 0:00 - Intro 3:05 - The Cassandra Coefficient 12:00 - AI & Regulations 26:40 - Geopolitical Outlook 30:00 - Midterms & The Middle East 44:25 - Russia-Ukraine 48:00 - Runaway US Spending 53:40 - Signs of Optimism -- ABOUT THE SHOW For decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners. FOLLOW US On The Tape on X: https://x.com/OnTheTapePod Danny Moses on X: https://x.com/dmoses34 The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.