<p>Over the past week, the SBF and FTX situation has only grown more complex. More and more workers are getting let go as companies begin to prioritize profits over growth. And retail sales increased 1.3% in October but it seems to be fueled by consumer debt as US household debt rose to $16.5 trillion. </p>
<p>All these stories covered on โThis Week in Financeโ </p>
<p>November 10 - November 17 </p>
<p>#stocks #ftx #crypto #news </p>
<p>----- </p>
<p>00:00 Busy week in finance </p>
<p>00:37 Cost cutting & Google activist letter </p>
<p>04:35 FTX saga continues & bankruptcy filing </p>
<p>10:33 Retail sales & earnings </p>
<p>14:45 Thank you for watching! </p>
<p>----- </p>
<p>Activist Letter: https://www.tcifund.com/files/corporateengageement/alphabet/15th%20November%202022.pdf </p>
<p>Amazon Cuts Jobs: https://www.cnbc.com/2022/11/14/amazon-reportedly-plans-to-lay-off-about-10000-employees-starting-this-week.html </p>
<p>2022 Tech Layoffs https://www.cnbc.com/2022/11/09/tech-layoffs-2022.html </p>
<p>SBF Vox Interview: https://www.vox.com/future-perfect/23462333/sam-bankman-fried-ftx-cryptocurrency-effective-altruism-crypto-bahamas-philanthropy</p>
<p> Genesis: https://www.coindesk.com/business/2022/11/16/genesis-crypto-lending-unit-is-halting-customer-withdrawals-in-wake-of-ftx-collapse/ </p>
<p>BlockFi: https://www.coindesk.com/business/2022/11/16/genesis-crypto-lending-unit-is-halting-customer-withdrawals-in-wake-of-ftx-collapse/ </p>
<p>Genesis Tweet: https://twitter.com/JasonYanowitz/status/1592917789898989568?s=20&t=yF2vtZtZLdx5OmyqeNG7Yw </p>
<p>FTX Tweet: https://twitter.com/gurgavin/status/1593292792582635520?s=20&t=yF2vtZtZLdx5OmyqeNG7Yw </p>
<p>Retail Earnings Tweets: https://twitter.com/finfriendsYT </p>
<p>US Retail Sales: https://www.reuters.com/markets/us/us-retail-sales-beat-expectations-october-2022-11-16/ </p>
<p>Household Debt: https://www.cnbc.com/2022/11/15/household-debt-soars-at-fastest-pace-in-15-years-as-credit-card-use-surges-fed-report-says.html</p>
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<p>Website- https://jemi.so/financialfriends ๐ป </p>
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<p>*These videos are for entertainment purposes only and are NOT financial advice*</p>
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