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AMA & Hangout with Contributors (May 2026) | Yaron Brook Show · Yaron Brook Show

• 0:02
  Speaker 1: A lot of fundamental crystals of.
• 0:07
  Speaker 2: Last self, Christ and an individual loss.
• 0:14
  Speaker 3: This is the.
• 0:16
  Speaker 2: Show, oh height, everybody, welcome to you one book show
• 0:22
  Speaker 2: on this what is it? It's Saturday, May thirtieth. Me
• 0:27
  Speaker 2: is almost over, thank you for joining me. And today
• 0:32
  Speaker 2: is out Amy, a monthly Amy.
• 0:34
  Speaker 1: This one for me and we are joined by a
• 0:39
  Speaker 1: panel as well as those.
• 0:43
  Speaker 2: Of you who are on YouTube and live can also
• 0:47
  Speaker 2: ask questions in the.
• 0:51
  Speaker 1: In the super chat.
• 0:52
  Speaker 2: Super chat is is open, so feel free to use it.
• 0:58
  Speaker 1: Let's see any.
• 1:00
  Speaker 2: I need to let you know, just to remind you,
• 1:01
  Speaker 2: tomorrow we've got a show with Nikos.
• 1:04
  Speaker 1: We'll be talking about post modernism, so join us for that.
• 1:11
  Speaker 2: It should be a fascinating, a fascinating discussion, a lot
• 1:16
  Speaker 2: of I think, new material, a lot of interesting interesting things.
• 1:20
  Speaker 2: All right, let's see, I think we all we'll all set,
• 1:26
  Speaker 2: so we might as well get to get to a
• 1:29
  Speaker 2: panel and.
• 1:31
  Speaker 1: Go from there.
• 1:32
  Speaker 2: Remember, those of you who are not here alive on
• 1:34
  Speaker 2: the panel can ask questions using the super chat as
• 1:39
  Speaker 2: people join.
• 1:40
  Speaker 1: Hopefully they will do that. All right, let's start with Adham.
• 1:46
  Speaker 3: Thank you.
• 1:48
  Speaker 4: First of all, I want to defend the concept of
• 1:52
  Speaker 4: this minding.
• 1:59
  Speaker 1: It needs all.
• 2:00
  Speaker 4: The criteria that Ainran set in Itoe, And as Harry
• 2:07
  Speaker 4: ben Swanger tells me, it's best to introduce a concrete
• 2:14
  Speaker 4: concept with a concrete example, and in this case, the
• 2:21
  Speaker 4: concrete example is Donald Trump. He belongs to the first
• 2:29
  Speaker 4: generation of Americans who are systematically disminded by the world's
• 2:36
  Speaker 4: worst philosophy of education.
• 2:40
  Speaker 1: And the first places.
• 2:42
  Speaker 4: To hire the people with graduate degrees in education from
• 2:50
  Speaker 4: the Columbia University School of Education where this started, were
• 2:55
  Speaker 4: the very expensive private schools of the kind that.
• 3:01
  Speaker 1: Donald Trump attended.
• 3:03
  Speaker 4: And unfortunately, we are now at a point where the
• 3:13
  Speaker 4: two groups of dis minded Americans, the woke left and
• 3:21
  Speaker 4: the magarite, together form a majority of the voting population
• 3:28
  Speaker 4: in the United States, which means we're very late in
• 3:33
  Speaker 4: the process. January sixth was the equivalent of the beer
• 3:43
  Speaker 4: hole put even though it was not conducted in a
• 3:48
  Speaker 4: place as appropriate as a beer hole. But that means
• 3:54
  Speaker 4: we have about a decade left. And you know, whoever
• 4:05
  Speaker 4: is the next president, he's going to be elected by
• 4:10
  Speaker 4: the same people who elected Donald Trump, or at least
• 4:17
  Speaker 4: one of the disminded sections of the population.
• 4:24
  Speaker 2: So the comment, yeah, so the question of you know,
• 4:28
  Speaker 2: what is the concept disminded? Do we need a unique
• 4:33
  Speaker 2: concept for that versus mindless or missing link or the
• 4:39
  Speaker 2: various the various different concepts we've used to describe.
• 4:44
  Speaker 1: To describe these people.
• 4:46
  Speaker 2: I mean, people like Donald Trump existed in the nineteen
• 4:51
  Speaker 2: sixties seventies and was talking about it in the Missing
• 4:54
  Speaker 2: Link and the Selfishness without her self. They didn't attain
• 4:58
  Speaker 2: political power. So the fact that Donald Trump as president
• 5:02
  Speaker 2: is not a minor issue.
• 5:03
  Speaker 1: It's a big issue.
• 5:04
  Speaker 2: And it suggests that there are people out there who,
• 5:09
  Speaker 2: you know, who willing to let somebody of this character
• 5:12
  Speaker 2: and this lack of a mind be president of the
• 5:16
  Speaker 2: United States. So I think so, I think there's a
• 5:21
  Speaker 2: real phenomena here. Whether whether we need the concept is
• 5:24
  Speaker 2: minded or not, I have to think about that, whether
• 5:26
  Speaker 2: we need a new concept. You could argue that this
• 5:30
  Speaker 2: minding is being going on, you know, educational system, uh,
• 5:34
  Speaker 2: since the you know, since content and the consequences of
• 5:39
  Speaker 2: it are being while you know, maybe the educational system
• 5:43
  Speaker 2: in Europe is not is not as bad as America,
• 5:46
  Speaker 2: but look at the political leaders in Europe. They're now
• 5:50
  Speaker 2: you know, Auban is certainly worse than Trump. Or as
• 5:53
  Speaker 2: bad as Trump. Uh, and there are many other political
• 5:57
  Speaker 2: leaders that might be not be as bad, but we're
• 6:00
  Speaker 2: moving in that direction. So this is a you know,
• 6:03
  Speaker 2: whatever's happening in the world right now, the mindlessness, it
• 6:08
  Speaker 2: is a global phenomena. It's not unique to the United States.
• 6:10
  Speaker 2: So though we are, we are leading in many regards. So,
• 6:18
  Speaker 2: you know, so I agree that there's a real phenomena here.
• 6:21
  Speaker 2: In terms of it, we've got a decade. I think
• 6:23
  Speaker 2: that's overly pessimistic. You know, it's right now. If you
• 6:29
  Speaker 2: look at Donald Trumps approval rating, it's it's a small
• 6:32
  Speaker 2: minority of Americans who support him. In any election, people
• 6:38
  Speaker 2: vote for candidate often because because alternative they perceive the
• 6:44
  Speaker 2: alternative is worse. They don't really know because there's a
• 6:48
  Speaker 2: certain party affiliation, and they, you know, they ignore facts
• 6:53
  Speaker 2: on both sides. In terms of actual support for Trump,
• 6:57
  Speaker 2: I think it's small. In terms of actual support for
• 7:00
  Speaker 2: the far left, it's small. The majority of the Americans
• 7:03
  Speaker 2: I think support neither MAGA nor the far left. The
• 7:07
  Speaker 2: problem is that neither political party can generate a candidate
• 7:12
  Speaker 2: that is of that mind That is, because the primaries
• 7:16
  Speaker 2: are driven by the more committed nutcases disminded. If you will,
• 7:25
  Speaker 2: you get a president that appeals to you, get a
• 7:27
  Speaker 2: candidate that appeals to them, You don't get a candidate
• 7:30
  Speaker 2: that appeals to the majority of people. So I think
• 7:35
  Speaker 2: we've got more than a decade. But I agree with
• 7:38
  Speaker 2: you that things are really, really bad. And it does
• 7:42
  Speaker 2: appear that the forces now right now on the extreme
• 7:46
  Speaker 2: left is a response to Trump, a gaining. That is,
• 7:50
  Speaker 2: the leftist disminded are gaining right now and coming to
• 7:53
  Speaker 2: dominate the Democratic Party. And you know, there's nothing on
• 7:59
  Speaker 2: the in the Republican site to suggest a return to
• 8:04
  Speaker 2: sanity after Donald Trump. But there's a lot that has
• 8:09
  Speaker 2: to play out, and a lot of it will depend
• 8:11
  Speaker 2: on how people perceive Trump's failures and what they blame
• 8:16
  Speaker 2: it on. So you know, we've got a couple of
• 8:20
  Speaker 2: years or two and a half years to see.
• 8:22
  Speaker 1: I'm not convinced we're on the verge of dictatorship.
• 8:26
  Speaker 4: Yeah, I think that if we look at the history.
• 8:34
  Speaker 4: Hitler was actually commended by some fairly rational people as
• 8:42
  Speaker 4: saving Germany from socialism and communism, and he united the
• 8:52
  Speaker 4: Magie equivalent of Germany and the walk equivalent of Germany.
• 8:57
  Speaker 4: So that by nineteenth thirty five, ninety five percent of
• 9:04
  Speaker 4: all Germans voted in a referendum to remove the separation
• 9:10
  Speaker 4: of powers from the Constitution of Germany, so that Hitler
• 9:15
  Speaker 4: would be an absolute dictator without restrain.
• 9:19
  Speaker 2: So all of that is true, but history doesn't repeat
• 9:22
  Speaker 2: itself in acut you know exactly. I don't believe ninety
• 9:27
  Speaker 2: five percent of Americans are ready to vote for something
• 9:30
  Speaker 2: like that. I do think the thread is somebody who
• 9:34
  Speaker 2: can unify the woke left to knee maga, and I
• 9:37
  Speaker 2: don't see anybody right now on the political scene.
• 9:40
  Speaker 1: Now.
• 9:40
  Speaker 2: Hitler came out of nowhere, so we don't know what's
• 9:42
  Speaker 2: going to happen. I don't disagree with you, Adam. I
• 9:45
  Speaker 2: just don't think it happens in America. Given the unique
• 9:50
  Speaker 2: circumstance of America, I don't think it happens as fast
• 9:53
  Speaker 2: as you seem to think it's going to happen. But yes,
• 9:57
  Speaker 2: this is the general direction, the way aheading in.
• 10:03
  Speaker 1: And on that.
• 10:03
  Speaker 2: You know, pleasant note, thanks, Adam.
• 10:07
  Speaker 5: All right, Steve, I have more pleasant notes. So I've
• 10:14
  Speaker 5: been given the industry I worked in. I've been willing
• 10:17
  Speaker 5: to go along with this administration. Maybe more than others.
• 10:21
  Speaker 5: But even I have the limits and the straights and
• 10:24
  Speaker 5: horror moves. I've realized is my limit. I was much
• 10:30
  Speaker 5: more negative at the beginning of this, I think than
• 10:33
  Speaker 5: you were, just because I have this like kind of
• 10:34
  Speaker 5: like default assumption now that we're going police, yeah, like
• 10:40
  Speaker 5: they will find a.
• 10:40
  Speaker 1: Way to do it.
• 10:44
  Speaker 5: And I don't think this is just a Trump phenomenon,
• 10:47
  Speaker 5: although he has his own special stupidity that like involves
• 10:52
  Speaker 5: in this. This is it's not just politicians. I think
• 10:55
  Speaker 5: it's the like the military establishment. I think I have
• 10:59
  Speaker 5: a I have a less favorable view of military leadership
• 11:04
  Speaker 5: than maybe you do. I mean, these guys were the
• 11:05
  Speaker 5: staff officer. The guys who are leading now are the
• 11:07
  Speaker 5: staff officers and the commanders and the war on terror,
• 11:11
  Speaker 5: and there's a lot of blame to be dragged around,
• 11:14
  Speaker 5: but they have to assume like at least some of it.
• 11:19
  Speaker 5: And I guess my question is, is we're gonna spend
• 11:22
  Speaker 5: a trillion dollars whatever we're gonna spend this year on
• 11:25
  Speaker 5: the US military, Like if we're not gonna win any
• 11:29
  Speaker 5: of these things, Like why actually should we keep spending
• 11:34
  Speaker 5: Like that's a real amount of money, Like and the
• 11:38
  Speaker 5: straights of horror moves. I think is my breaking point
• 11:40
  Speaker 5: because imagine we have we signed whatever stupid deal we signed,
• 11:45
  Speaker 5: and then China rebuilt, China helps Iran rebuild, Like if
• 11:48
  Speaker 5: China wants to take over Taiwan, China just says to Iran, hey, Iran,
• 11:53
  Speaker 5: be real great if everyone who The only way you
• 11:55
  Speaker 5: can go through the greats of horror moves is if
• 11:57
  Speaker 5: if your country agrees that this is all good in
• 11:59
  Speaker 5: China had it's like yep, right, I think there's a
• 12:03
  Speaker 5: similar like I think lesser risk of Russia being able
• 12:06
  Speaker 5: to do the exact same thing to Europe, but like
• 12:07
  Speaker 5: a real risk with Russia being able to do the
• 12:10
  Speaker 5: same thing to Europe or is not to let natural
• 12:12
  Speaker 5: guests go to Europe. This rate's a horror movie. So
• 12:15
  Speaker 5: I see this as a complete disaster.
• 12:18
  Speaker 1: Yeah, I mean, I don't think Russia is in a
• 12:20
  Speaker 1: position to do that, but China, cuttly is in China
• 12:23
  Speaker 1: could do it. China would have to be willing to
• 12:28
  Speaker 1: engage in a confetation with the United States.
• 12:29
  Speaker 2: But given the US's performance here, why wouldn't it right
• 12:33
  Speaker 2: if it's really committed to Taiwan.
• 12:35
  Speaker 1: If that's really the number one key goal. Right then, why.
• 12:40
  Speaker 2: Wouldn't they risk a confetation with the United States given
• 12:43
  Speaker 2: how weak the US is.
• 12:45
  Speaker 1: So I agree with you.
• 12:46
  Speaker 2: This is a complete and an unmitigated disaster from a
• 12:50
  Speaker 2: geopolitical perspective. Put aside them, at least with all the
• 12:53
  Speaker 2: negative consequences there the negative consequences for Europe because put
• 12:57
  Speaker 2: aside HomeOS, Europe and Islamis and now emboldened the number
• 13:02
  Speaker 2: one country just took down the United States, how much
• 13:04
  Speaker 2: better can it get for them? I'm much more negative
• 13:08
  Speaker 2: about Europe now in terms of the Islamis threat. And yeah, China,
• 13:14
  Speaker 2: and exactly right with regard to China.
• 13:18
  Speaker 1: So you know, I agree.
• 13:20
  Speaker 2: You know the reason I was more optimistic and the
• 13:23
  Speaker 2: reason that I was not as concerned about the military
• 13:27
  Speaker 2: because I agree with everything we said about the military, right,
• 13:30
  Speaker 2: I don't disagree.
• 13:31
  Speaker 1: These are the same people. I mean, the.
• 13:35
  Speaker 2: People who were praised as the general portray US and
• 13:40
  Speaker 2: McMaster and these guys were the biggest betrayers of American
• 13:44
  Speaker 2: of America during the U work in Afghanistan war. They
• 13:47
  Speaker 2: were terrible and they were probably the best. That is,
• 13:49
  Speaker 2: the people who stayed in the military are probably worse
• 13:51
  Speaker 2: than they are. That is, at least Portrays and McMaster
• 13:54
  Speaker 2: were thinkers, right. I'm not sure the people in the
• 13:56
  Speaker 2: military right now are thinkers. And I've got every reason
• 13:59
  Speaker 2: I believe hegset and one think is in the military
• 14:01
  Speaker 2: s he's probably kicking all those guys out. But this
• 14:03
  Speaker 2: is the thing I thought that would happen, and I
• 14:06
  Speaker 2: think we were on the verge of it happening. That is,
• 14:11
  Speaker 2: I mean, this is weird to say, but Iran was simple.
• 14:15
  Speaker 2: It didn't involve occupying a country. It didn't involve mass
• 14:19
  Speaker 2: civilian casualties, and it didn't need to that as I thought,
• 14:22
  Speaker 2: you could take down the regime without inflicting massive civilian casualties.
• 14:27
  Speaker 2: It didn't involve doing the things that I think the
• 14:30
  Speaker 2: military would have really resisted and not being able to do.
• 14:34
  Speaker 1: You know, if you.
• 14:35
  Speaker 2: Open the straits of homoes in that first week, which
• 14:37
  Speaker 2: the military is capable of doing, it had it has plans.
• 14:41
  Speaker 1: I've talked to people in the Navy.
• 14:42
  Speaker 2: I mean, they's coding chips right now out kind of
• 14:46
  Speaker 2: not telling anybody, but secretly they have the capacity.
• 14:49
  Speaker 1: There's no question they can undo the minds they've got
• 14:52
  Speaker 1: unmanned submarines.
• 14:54
  Speaker 2: All of all the tech is there, all the capabilities
• 14:57
  Speaker 2: that they'd opened the states of homos and just kept
• 15:00
  Speaker 2: arming for a couple of months, right, another month, another two,
• 15:03
  Speaker 2: I think the regime would have fallen. And you know,
• 15:06
  Speaker 2: I'll give you another example. It's not the military. ISO's plan.
• 15:11
  Speaker 2: It seems like, right, there's stories this weekend coming out.
• 15:15
  Speaker 2: ISO's plan was give the Colds the coulds, weapons and
• 15:21
  Speaker 2: everything and let them, let them confront the IOGC and
• 15:26
  Speaker 2: and bring them in from York. And they were already
• 15:29
  Speaker 2: the CIA was on board, they were arming the Coods.
• 15:31
  Speaker 1: They were ready to go. And then Urdigon called Trump
• 15:36
  Speaker 1: and said you can't. You can't embolden the Coods.
• 15:39
  Speaker 2: I won't have it right and Trump trumpet at last minute,
• 15:43
  Speaker 2: literally they were on the board, are ready to go,
• 15:44
  Speaker 2: pulled the rug under from out of this and said no,
• 15:47
  Speaker 2: I'm not allowing the Colds in. So I don't think
• 15:50
  Speaker 2: again that was the military. I think from a military perspective,
• 15:52
  Speaker 2: this could have been done without igniting those things that
• 15:57
  Speaker 2: we agree the military can't handle. Maybe that's me being
• 16:02
  Speaker 2: a naive, right, but you're absolutely But.
• 16:07
  Speaker 1: But I should have.
• 16:09
  Speaker 2: I mean my mistake was not recognizing just how pathetic
• 16:16
  Speaker 2: Trump is. Right, and I've said this for ten years now,
• 16:19
  Speaker 2: so I know how pathetic is, but not applying it
• 16:22
  Speaker 2: to this context, just decision after decision after decision, which
• 16:28
  Speaker 2: was you know, based on whim, which undermined whatever military
• 16:33
  Speaker 2: success was going on. And you know it's it is. Yeah,
• 16:43
  Speaker 2: it was my error, my mistake, and I don't know
• 16:48
  Speaker 2: how you recover from this. I think we have we
• 16:50
  Speaker 2: have handed We've had a China, and we've had every
• 16:55
  Speaker 2: enemy in the world of the United States is now
• 16:57
  Speaker 2: being handed you know, a a you know, a motivation
• 17:04
  Speaker 2: to challenge the United States, given that the United States
• 17:07
  Speaker 2: will not rise to the challenge.
• 17:09
  Speaker 1: We've proven them. Yeah.
• 17:11
  Speaker 6: I wasn't trying to say you were wrong, Like.
• 17:14
  Speaker 1: No, no, it's fine. I was wrong.
• 17:16
  Speaker 6: That wasn't That wasn't my intention.
• 17:18
  Speaker 5: It's just like, well we didn't fight back what I
• 17:23
  Speaker 5: guess I ran forty years ago. We had to pay
• 17:26
  Speaker 5: for that for forty years. Am I real worry? And
• 17:29
  Speaker 5: this is like my breat care is like this may
• 17:32
  Speaker 5: be another forty years. Yes, Like I didn't like suffer
• 17:36
  Speaker 5: through this now.
• 17:37
  Speaker 2: The only thing that might make it shorter. And again,
• 17:42
  Speaker 2: I don't know that this is gonna happen, but is
• 17:44
  Speaker 2: the fact that, you know, without any doubt, the Ranian
• 17:49
  Speaker 2: people are much more impatient with this regime than they were.
• 17:55
  Speaker 1: Forty years ago.
• 17:56
  Speaker 2: Forty years ago, they were willing to play it out
• 17:57
  Speaker 2: and see what would happen, so regime change could still
• 18:01
  Speaker 2: happen in spite of us. Now, the more help you
• 18:05
  Speaker 2: want gets from people like China and the Gulf States
• 18:08
  Speaker 2: who might now align with you on because why would
• 18:11
  Speaker 2: they align with the United States. The United States has
• 18:13
  Speaker 2: just proved to be the most unreliable ally in the world. So,
• 18:17
  Speaker 2: you know, the more economic help you want gats and
• 18:21
  Speaker 2: the more money the Trump administration pours into Iran. Now
• 18:23
  Speaker 2: they're talking about three hundred billion dollars of US investments
• 18:28
  Speaker 2: in Evan investments. Three hundred billion, it's a big number.
• 18:35
  Speaker 2: The more they can get the economy going, and the
• 18:37
  Speaker 2: more the Ranian people can be appeased. But you know, yeah,
• 18:41
  Speaker 2: I mean this is really, really, really bad. It accelerates
• 18:47
  Speaker 2: the power of evil in the world. It's not good.
• 18:52
  Speaker 2: It's not good, all right, Thanks Steve Umlin.
• 19:00
  Speaker 3: Hey, you're wrong. A little bit of a dumber question,
• 19:04
  Speaker 3: definitely less serious than the other two questions before. One
• 19:09
  Speaker 3: thing I've noticed in this current administration is that all
• 19:13
  Speaker 3: of the people that have left or been fired or
• 19:17
  Speaker 3: however it happened, they've all been women. And I'm just
• 19:20
  Speaker 3: wondering if that's a as far as I know, is that.
• 19:24
  Speaker 3: Do you think it's just the increasing influence of the
• 19:26
  Speaker 3: Christian right, like people like Hegcept and stuff, who clearly
• 19:30
  Speaker 3: have no time for women. And again, I'm not I'm
• 19:33
  Speaker 3: not trying to be woke here or anything like that, like, okay,
• 19:36
  Speaker 3: you know, like there has to be gender balance or
• 19:38
  Speaker 3: just it's finally kind of interesting.
• 19:40
  Speaker 2: That I don't know, I didn't notice that. What you're right,
• 19:42
  Speaker 2: it's mean christianome.
• 19:45
  Speaker 1: Pam Bondi and yeah, now you have to.
• 19:53
  Speaker 2: I mean, it's also worth pointing out that there are
• 19:54
  Speaker 2: all three of them are very incompetent people. So put
• 19:58
  Speaker 2: aside agree women, they were all incompetent. Now that there's
• 20:01
  Speaker 2: a lot of incompetent men as well, so why are
• 20:05
  Speaker 2: they going out first? Hmm, I don't know. I mean
• 20:08
  Speaker 2: it could be I don't think. I don't think it's
• 20:11
  Speaker 2: a Christian right. I think it's more Trump. I think
• 20:15
  Speaker 2: Trump has generally uh a pretty you know, uh bleak
• 20:23
  Speaker 2: view of women. You know, he's a he's a serial abuser.
• 20:29
  Speaker 2: He's just been you know, he's been accused and found
• 20:32
  Speaker 2: guilty of sexual abuse.
• 20:34
  Speaker 1: He he's a bully and bullies.
• 20:38
  Speaker 2: Bullies like the bully the weakest, So to think of
• 20:41
  Speaker 2: those women as the weakest.
• 20:43
  Speaker 1: Also note that that at least two.
• 20:46
  Speaker 2: Of them were in were placed in positions they were
• 20:52
  Speaker 2: gonna be particularly confrontational in this administration, right, Christy.
• 20:58
  Speaker 7: Nolan with uh.
• 21:01
  Speaker 1: What do you call it?
• 21:03
  Speaker 2: Dhsh DHS with and with I there for Ice and
• 21:08
  Speaker 2: Pam BONDI with Justice Department there for Epstein and and
• 21:13
  Speaker 2: everything else that Trump wanted to be done. So you know,
• 21:20
  Speaker 2: so it doesn't so he placed them in positions to
• 21:23
  Speaker 2: fail in a sense, whoever is going to be in
• 21:26
  Speaker 2: those positions were probably going to be the people leave first.
• 21:30
  Speaker 1: And Tulci was probably opposed to you.
• 21:34
  Speaker 2: On war from the wrong perspective, from the pacifist perspective,
• 21:40
  Speaker 2: so she was probably going to destined to be out
• 21:43
  Speaker 2: at some point.
• 21:46
  Speaker 1: You know.
• 21:46
  Speaker 2: Such a combination of the fact that he is a
• 21:50
  Speaker 2: bully and bullying women is the easiest thing for bully
• 21:55
  Speaker 2: to do, and that they happen to be, maybe not
• 21:58
  Speaker 2: now by accident, happened to be in the positions most susceptible.
• 22:02
  Speaker 1: Of the failure or to at least public scrutiny.
• 22:06
  Speaker 3: But why would he have brought them in in the
• 22:09
  Speaker 3: first place. He's not like anybody was going to say
• 22:10
  Speaker 3: anything to him, right, and is in his supporters to say,
• 22:13
  Speaker 3: how come we don't have more women and stuff?
• 22:15
  Speaker 1: I think because they particularly particularly.
• 22:19
  Speaker 2: Particularly Bondie and Gnome, exhibited what he values, which is
• 22:24
  Speaker 2: this is loyalty, right, and they probably have a look
• 22:28
  Speaker 2: that he likes. Yeah, I mean they both have that,
• 22:33
  Speaker 2: you know, the look that seems to attract Trump.
• 22:36
  Speaker 1: Tulsi Gabbert.
• 22:37
  Speaker 2: I think was more an issue of he was trying
• 22:41
  Speaker 2: to really bolsteray his pacifistic credentials, and I think she
• 22:47
  Speaker 2: brought that with her. She's a Democrat who you know,
• 22:50
  Speaker 2: anti Wood Democrats. So I think you know, he got that,
• 22:55
  Speaker 2: he got a certain benefit from that. He probably kind
• 22:58
  Speaker 2: of deal with her in advance about this soon wore
• 23:00
  Speaker 2: endorsing him, so that that would be what I think.
• 23:04
  Speaker 2: I know, it's loyalty, Uh, pretty faces.
• 23:10
  Speaker 3: Mostly, Yeah, I think there's no women left in his cabinet, right,
• 23:14
  Speaker 3: so it'll be it'll be interesting to see who who
• 23:18
  Speaker 3: he goes after next.
• 23:19
  Speaker 1: Then, Uh, I don't think there are any women left.
• 23:24
  Speaker 1: I think that's right.
• 23:26
  Speaker 3: Okay, Well, I mean the guy's entertaining.
• 23:33
  Speaker 1: Well, I don't know. I don't know if that's.
• 23:38
  Speaker 3: He's a car crash, right, I mean, that's what it is.
• 23:41
  Speaker 1: He's a car crash.
• 23:42
  Speaker 2: He's worse than a car crash because we're all in
• 23:44
  Speaker 2: the call with him exactly.
• 23:47
  Speaker 3: Okay, thanks, thank you.
• 23:48
  Speaker 1: Thanks someone right, Lincoln, Lincoln, Lincoln.
• 23:57
  Speaker 2: I can't hear you, and I can't see you. I
• 24:01
  Speaker 2: can see you now, I can't hear you. Can I
• 24:04
  Speaker 2: hear you? You're unmuted, but I can't hear you. Your
• 24:08
  Speaker 2: microphone somewhere is not working.
• 24:13
  Speaker 3: Can you hear me now?
• 24:13
  Speaker 1: Yeah? Can you hear you now? All right?
• 24:16
  Speaker 7: Can you hear me now?
• 24:17
  Speaker 1: Yes? I can hear you now.
• 24:19
  Speaker 3: Okay.
• 24:19
  Speaker 8: So my question is about self esteem and how to
• 24:21
  Speaker 8: keep it high when you're a young working adult, Because
• 24:25
  Speaker 8: when you're a young college student, it's very easy to
• 24:28
  Speaker 8: have high self esteem because you're very excited about the future,
• 24:31
  Speaker 8: learning a lot of new stuff and when you're sort
• 24:34
  Speaker 8: of a middle aged working adult, it's very easy to
• 24:37
  Speaker 8: have higher self esteem because you're earning good money, if
• 24:42
  Speaker 8: they have family, and you can see how your life
• 24:44
  Speaker 8: has purpose. But when you're a young adult, you kind
• 24:48
  Speaker 8: of are struggling. It's very easy to struggle with self
• 24:51
  Speaker 8: esteem when you're typically not earning a lot, you don't
• 24:54
  Speaker 8: have a lot of.
• 24:54
  Speaker 9: Responsibility at your employee, with your employer, and and therefore
• 25:00
  Speaker 9: it's very easy to get pessimistic as young person and
• 25:04
  Speaker 9: embrace these very extreme ideology spokeness on the left or
• 25:08
  Speaker 9: mag on the right.
• 25:11
  Speaker 1: Well, I think that's right.
• 25:12
  Speaker 2: I think if you don't have an ideological grounding, if
• 25:16
  Speaker 2: you don't have a philosophical grounding, and you don't have
• 25:18
  Speaker 2: a grounding for your self esteem, the right kind of knowledge,
• 25:22
  Speaker 2: then yes, I think that people who are still searching
• 25:26
  Speaker 2: young adults are still looking around trying to figure out
• 25:29
  Speaker 2: what they want to do, and have a lot of
• 25:32
  Speaker 2: uncertainty in their life, but don't have any kind of
• 25:35
  Speaker 2: philosophical hook into them. They're not settled yet, and they
• 25:41
  Speaker 2: can be easily attracted to some of these fringe ideologies.
• 25:46
  Speaker 2: I think though, you know, again, as an objectivist, your
• 25:50
  Speaker 2: self esteem is something that doesn't.
• 25:53
  Speaker 1: Come from any particular activity.
• 25:55
  Speaker 2: It comes from the way you approach the world and
• 25:58
  Speaker 2: the way you approach your life and the estimate estimate
• 26:01
  Speaker 2: you make of your ability to deal with the world
• 26:06
  Speaker 2: and your life. So it doesn't come from any particular
• 26:10
  Speaker 2: achievement in work. It comes from the idea that you're
• 26:13
  Speaker 2: taking your work seriously and the confidence that you can
• 26:17
  Speaker 2: and will achieve something. It doesn't come from It comes
• 26:21
  Speaker 2: from the knowledge, based both on practical and philosophical knowledge,
• 26:27
  Speaker 2: that you can deal with reality. You can't deal with
• 26:31
  Speaker 2: the world, you can live in this world, you can
• 26:33
  Speaker 2: be successful in spite of everything, and the world is knowable.
• 26:39
  Speaker 2: So it comes from those kind of ideas and I
• 26:41
  Speaker 2: think those that's accessible to you no matter what stage
• 26:45
  Speaker 2: in life you have, and that's accessible to you even
• 26:48
  Speaker 2: if on any particular project or any particular job and
• 26:52
  Speaker 2: any particular.
• 26:53
  Speaker 1: Endeavor in life you fail. So h.
• 27:05
  Speaker 2: So you know, it's the problem is that these young
• 27:10
  Speaker 2: people are entering this period in their life without the
• 27:13
  Speaker 2: proper ideas, without the proper framework, without the proper uh,
• 27:20
  Speaker 2: you know, without the proper.
• 27:24
  Speaker 1: Approach to life.
• 27:25
  Speaker 2: They and in a sense, you know, you need self
• 27:30
  Speaker 2: esteem is something you need to build really from your
• 27:33
  Speaker 2: from when you're a child. You can you can improve it,
• 27:37
  Speaker 2: you can start building it later in life, but it's
• 27:39
  Speaker 2: very very difficult to do so, so you have to
• 27:42
  Speaker 2: do it.
• 27:43
  Speaker 1: You have to start young.
• 27:45
  Speaker 2: And many of these people enter this period in their
• 27:47
  Speaker 2: life with a lot of uncertainty without having done the
• 27:50
  Speaker 2: work to build up their self esteem by that point,
• 27:55
  Speaker 2: and then it's anyway.
• 28:02
  Speaker 1: So that is my answer. Thomas, you're on. You have
• 28:09
  Speaker 1: a question.
• 28:10
  Speaker 2: I'm not sure you're asking stuff in the chat that
• 28:11
  Speaker 2: I don't understand. I can't see you and I can't
• 28:16
  Speaker 2: hear you, and you're not muted, so I'm not sure
• 28:19
  Speaker 2: why I can't see you and why But that's a
• 28:22
  Speaker 2: camera issue.
• 28:23
  Speaker 1: I can't hear you.
• 28:23
  Speaker 2: That you must have a mic issue, so you need
• 28:26
  Speaker 2: to turn on the mic and maybe turn on a camera.
• 28:32
  Speaker 2: But I don't see you on I don't I can't
• 28:34
  Speaker 2: see you, and I can't hear.
• 28:35
  Speaker 1: You on zoom.
• 28:37
  Speaker 10: Don't hear me.
• 28:38
  Speaker 2: Now, I can hear you, all right, now I can now,
• 28:43
  Speaker 2: I can't you there? Yeah, okay, you have a question.
• 28:48
  Speaker 10: So my question is I'm just I'm curious about how
• 28:55
  Speaker 10: Trump has been obviously trashing NATO. And I understand that
• 29:00
  Speaker 10: NATO has had many problems, but those problems could be
• 29:04
  Speaker 10: solved in ways that Trump has never been basically willing
• 29:11
  Speaker 10: to do. But I want I feel like NATO is
• 29:15
  Speaker 10: something that he doesn't even understand.
• 29:20
  Speaker 2: Yeah, I mean, I don't think Trump understands NATO. I
• 29:22
  Speaker 2: don't think I understands he understands NATO because I don't
• 29:25
  Speaker 2: think he understands the value of an alliance, the value
• 29:30
  Speaker 2: of having friends if you will. And I also think
• 29:33
  Speaker 2: he doesn't understand that the United States has enemies and
• 29:39
  Speaker 2: that in dealing with those enemies, enemies that it shares
• 29:43
  Speaker 2: with other NATO members, having a good relationship with NATO
• 29:48
  Speaker 2: would or being a part of NATO would really help.
• 29:51
  Speaker 1: I think he learned.
• 29:52
  Speaker 2: That pissing off the Europeans is you know, hoods when
• 29:58
  Speaker 2: he goes to war with I Wan, and he can't
• 30:00
  Speaker 2: rely on the help when he needs it.
• 30:02
  Speaker 1: And the United States would have benefited enormously.
• 30:06
  Speaker 2: From from the navy, from certain European navies who could
• 30:10
  Speaker 2: have really helped in the Straits and foremost.
• 30:13
  Speaker 1: But if you you.
• 30:14
  Speaker 2: Know, if you threatened to invade a European country like Greenland,
• 30:20
  Speaker 2: a country at least that is part of Europe. Yeah,
• 30:24
  Speaker 2: then don't expect to get any friends. And you if
• 30:26
  Speaker 2: you constantly threaten to leave NATO, don't expect NATO to
• 30:29
  Speaker 2: come in and befriend you. So yeah, I mean Trump
• 30:34
  Speaker 2: doesn't value NATO. He thinks NATO is a free ride
• 30:38
  Speaker 2: off of the United States. And there's a sense in
• 30:40
  Speaker 2: which he's right. Europeans have I been free riding off
• 30:45
  Speaker 2: of the United States. A ways to deal with that
• 30:48
  Speaker 2: that that do not involve the kind of kind of
• 30:51
  Speaker 2: stupid actions that he is taking. And he doesn't get
• 30:57
  Speaker 2: that Russia is a threat for whatever reason. And we
• 31:00
  Speaker 2: could speculate all day long, but I don't know what
• 31:02
  Speaker 2: the reason is. He views Russia as an ally of his,
• 31:06
  Speaker 2: He views Putin as his friend, He admires Putsin, he
• 31:10
  Speaker 2: likes Putin, and he refuses to view Russia as a threat,
• 31:13
  Speaker 2: and therefore it does not view NATO is necessary. And
• 31:19
  Speaker 2: you know, there's a sense in which is right that
• 31:22
  Speaker 2: Nate that Europe could probably face off Putin without the
• 31:25
  Speaker 2: United States, but he can't.
• 31:29
  Speaker 1: He doesn't really express it.
• 31:31
  Speaker 2: He doesn't have any way to Actually, he has no
• 31:36
  Speaker 2: strategic thinking. He has no capacity to think strategically about
• 31:39
  Speaker 2: the world and align American interest with an actual strategy
• 31:44
  Speaker 2: and NATO. To be a member of NATO requires strategy,
• 31:48
  Speaker 2: requires thinking, requires having a geopolitical vision, and Trump has
• 31:53
  Speaker 2: none of those.
• 31:54
  Speaker 1: He is just an immotive. Yeah.
• 31:56
  Speaker 10: I can imagine, you know, Marco Rubio articulating a position
• 32:03
  Speaker 10: about America being less involved with Europe's defense. But you know,
• 32:09
  Speaker 10: Trump is just he's he has no concept.
• 32:12
  Speaker 1: Yeah, that's right.
• 32:15
  Speaker 2: But you know, we've been talking about this for ten
• 32:16
  Speaker 2: years now, so he has no conception. He really has
• 32:20
  Speaker 2: no concept, and he had no he hasn't hasn't had
• 32:22
  Speaker 2: a concept from the beginning. And it's it's stunning to
• 32:25
  Speaker 2: me that more Americans don't see it. I mean, it's
• 32:27
  Speaker 2: popularity's very low right now. But still, how anybody supports
• 32:31
  Speaker 2: him at this point? I have no idea, no idea.
• 32:35
  Speaker 2: All right, thanks Thomas. Let's see Okay, let's do some
• 32:40
  Speaker 2: super chat. Let's do these twenty dollars super chats, Michael says,
• 32:45
  Speaker 2: starts on Peter Teal moving to Argentina.
• 32:48
  Speaker 1: He must really believe in what we lay can achieve.
• 32:51
  Speaker 2: Yeah, I mean, look, very low cost for Peter tele
• 32:55
  Speaker 2: to move to Argentina for a while.
• 32:57
  Speaker 1: It's hard to tell how long he'll be there. He
• 33:00
  Speaker 1: flies into on Argentina, buys.
• 33:01
  Speaker 2: A big mansion and in the nicest part of Buenos Aires,
• 33:05
  Speaker 2: signs his kids up for the most expensive private school
• 33:08
  Speaker 2: there where they're being taught in English, you know, goes
• 33:12
  Speaker 2: a vacation down in Patagonia, hangs out with Milay and
• 33:17
  Speaker 2: with some of the free market types in Argentina.
• 33:20
  Speaker 1: If tomorrow he.
• 33:21
  Speaker 2: Decides it's no good, he gets on his private jet,
• 33:24
  Speaker 2: loads up his kids and flies to wherever he wants. Right,
• 33:29
  Speaker 2: he's got a home in Miami. I think where did
• 33:31
  Speaker 2: he move to recently? I don't think he's in Texas.
• 33:34
  Speaker 2: I think he's maybe in Miami. Anyway, I think he's left.
• 33:37
  Speaker 2: He's left California. So for Peter TiO, it's it's very
• 33:42
  Speaker 2: low cost. He can also probably get Argentinian citizenship there.
• 33:47
  Speaker 2: Right now, Argentina is formulating a Golden visa, which means
• 33:52
  Speaker 2: a citizenship in exchange for investment. Peter can easily invest
• 33:57
  Speaker 2: his house that he bought, probably qualified. This is enough
• 34:00
  Speaker 2: of investment to get that that citizenship. So uh for again,
• 34:07
  Speaker 2: for somebody who's a billionaire and who feels at home
• 34:11
  Speaker 2: kind of in the world. It's it's really not a
• 34:14
  Speaker 2: problem to to experiment and try things out.
• 34:17
  Speaker 1: I don't know if this is.
• 34:19
  Speaker 2: A long term commitment, that that he is convinced that
• 34:24
  Speaker 2: Melay is going to be successful and is going to
• 34:26
  Speaker 2: spend the rest of his life in Argentina. I wouldn't
• 34:29
  Speaker 2: take it as that, although it could be.
• 34:30
  Speaker 1: I don't know.
• 34:33
  Speaker 2: But yeah, it's certainly some confidence. You know, I've confidence
• 34:37
  Speaker 2: in me Lay as well. But I can't just get
• 34:39
  Speaker 2: up and go. I can't buy a nice property in
• 34:41
  Speaker 2: Buona Cyrus and then leave it if I think things
• 34:44
  Speaker 2: are going south, or if Melay doesn't win the next election,
• 34:47
  Speaker 2: switch homes again. So you have to you have to
• 34:50
  Speaker 2: take into account. Uh, you know what is I guess
• 34:55
  Speaker 2: what is what is possible for him and not possible
• 34:59
  Speaker 2: for the.
• 35:00
  Speaker 1: Rest of us. In terms of long term commitment, I'm
• 35:05
  Speaker 1: not sure this is a long term commitment of Teals.
• 35:08
  Speaker 2: Although it might be he might be confident that me
• 35:10
  Speaker 2: is gonna win the next election, there's still a lot
• 35:13
  Speaker 2: of uncertainty about it and Argentina. With all the good
• 35:16
  Speaker 2: news coming out of it, there's a there's us, a
• 35:19
  Speaker 2: mixed news or bad news, and it's not a slam
• 35:23
  Speaker 2: dunk that me Lay will win the next election.
• 35:26
  Speaker 1: I hope he does.
• 35:28
  Speaker 2: Liam thoughts on Richard Feyman's quote, I have no responsibility
• 35:33
  Speaker 2: to live up to what others expect of me. That's
• 35:36
  Speaker 2: their mistake, not my failing. Yeah, I mean, I think
• 35:39
  Speaker 2: that's an excellent quote. It's it's it's a selfish attitude.
• 35:43
  Speaker 2: I don't live based on other people's expectations one way
• 35:46
  Speaker 2: or the other. My standards are my own. He doesn't
• 35:50
  Speaker 2: quite say that, but that's implied the standards by which
• 35:54
  Speaker 2: I live, the spandards by which I evaluate myself, measure
• 35:57
  Speaker 2: myself on my own and not going to be set
• 36:02
  Speaker 2: by other people.
• 36:02
  Speaker 1: So I think it's a good quote.
• 36:07
  Speaker 2: I would like to see what Elsie says to make
• 36:09
  Speaker 2: sure that I'm interpreting it in the right way, But
• 36:13
  Speaker 2: in and of itself, seems like a very first handed,
• 36:17
  Speaker 2: self interested attitude. Robert missing participation again, but for good reason.
• 36:27
  Speaker 2: Helicopter ride with Jennifer today really literally not a metaphor.
• 36:32
  Speaker 2: A guitar gig in Detroit tomorrow. Have a great show all,
• 36:37
  Speaker 2: see you all, in the Orleans helicopter ride. Where are
• 36:39
  Speaker 2: you going by helicopter? That's crazy helicopters. All right, I
• 36:44
  Speaker 2: didn't know Robert was. You know, maybe Robert is an
• 36:47
  Speaker 2: ex pter tal kind of hopping around the world and
• 36:49
  Speaker 2: the helicopters pretty cool. Have fun in Detroit, Hoppa Campbell.
• 36:57
  Speaker 2: Sorry to hear about your mother. Oh wow, that's been
• 36:59
  Speaker 2: a well. Hope she is doing better. My mother is
• 37:02
  Speaker 2: quite ill as well. Yeah, my mother's not gonna do better,
• 37:05
  Speaker 2: you know. Basically, you know, my mom's in a situation
• 37:09
  Speaker 2: where it can only get worse, and sadly and as
• 37:14
  Speaker 2: horrible as it is to say, the best the best
• 37:19
  Speaker 2: outcomes she can have right now is to pass away
• 37:22
  Speaker 2: fairly quickly. There's no there's no reversing what she has,
• 37:28
  Speaker 2: and and they don't even know exactly what she has.
• 37:30
  Speaker 2: But there's this this kind of cognitive or a thing
• 37:35
  Speaker 2: in the brain. There's just no way to reverse it,
• 37:39
  Speaker 2: you know.
• 37:39
  Speaker 1: So it is what it is, all right, Let's go
• 37:44
  Speaker 1: back to the panel. Adam.
• 37:52
  Speaker 4: Yes, having read some books and Chinese strategy, the highest
• 38:00
  Speaker 4: level of strategic advice is for the Emperor.
• 38:07
  Speaker 3: Of China, such is she to.
• 38:12
  Speaker 1: Avoid war.
• 38:17
  Speaker 4: By convincing the potential enemy to become his vassal. And
• 38:29
  Speaker 4: there is a political party, the second largest political party
• 38:37
  Speaker 4: in Taiwan, which is in favor of this kind of
• 38:42
  Speaker 4: arrangement with mainland China. So I would not bet on
• 38:52
  Speaker 4: this being a military problem. It could very well be
• 39:00
  Speaker 4: that he will follow put In's example and create propaganda
• 39:06
  Speaker 4: in favor of the party that wants to be subordinate, so.
• 39:14
  Speaker 1: That Taiwan.
• 39:17
  Speaker 4: Will retain some parts of its nominal sovereignty but essentially
• 39:29
  Speaker 4: become a satellite of Si.
• 39:34
  Speaker 1: Yeah.
• 39:34
  Speaker 2: I mean, there's no question in my mind this is
• 39:36
  Speaker 2: the strategy that China is pursuing, and the military option
• 39:40
  Speaker 2: is a last resort if they come to the conclusion
• 39:43
  Speaker 2: that they can't achieve it in this way. I mean,
• 39:46
  Speaker 2: it's succeeded in Hong Kong. Hong Kong was easier, but
• 39:49
  Speaker 2: it's succeeded in Hong Kong, it's succeeded in Macau, and
• 39:55
  Speaker 2: I think they expect it ultimately to succeed in Taiwan.
• 39:59
  Speaker 2: And it is true, the second largest political party in
• 40:02
  Speaker 2: Taiwan is a party of appeasement, and it wants to
• 40:06
  Speaker 2: appease the Chinese.
• 40:08
  Speaker 1: And you know, In this.
• 40:09
  Speaker 2: Last election, China put a lot of resource, there's a
• 40:12
  Speaker 2: lot of money, a lot of campaigning.
• 40:16
  Speaker 1: Into trying to get.
• 40:19
  Speaker 2: The opposition to win, because it would rather deal with
• 40:23
  Speaker 2: this appeasing opposition and try to create a situation where
• 40:27
  Speaker 2: over time Taiwan becomes either a part of China explicitly
• 40:32
  Speaker 2: or a vassal or some kind of arrangement like that.
• 40:35
  Speaker 1: It failed. The Taiwanese people rejected that and voted.
• 40:38
  Speaker 2: For the current government, which is a government that is
• 40:42
  Speaker 2: committed to in a sense of status quo. They would
• 40:45
  Speaker 2: like independence, but they're not willing to risk it. It's
• 40:49
  Speaker 2: hard to tell how it goes from here. That is,
• 40:51
  Speaker 2: I don't know enough about Taiwan. It's politics, it's people
• 40:56
  Speaker 2: to make a prediction about, or to estimate a guess
• 40:59
  Speaker 2: about the extent of which China can be successful and
• 41:04
  Speaker 2: convincing enough Taiwanese to give up their freedom in a sense.
• 41:08
  Speaker 2: But it's their strategy, and it's by far their preferred strategy.
• 41:13
  Speaker 1: They don't want to go to war.
• 41:14
  Speaker 2: Invading an island like Taiwan is very difficult for any military.
• 41:20
  Speaker 2: It's a difficult terrain, it's difficult beaches, amphibious assaults.
• 41:27
  Speaker 1: If you've seen movies.
• 41:28
  Speaker 2: About d Day or about to Regima or any of
• 41:33
  Speaker 2: the others, you've seen a glimpse of how difficult that
• 41:37
  Speaker 2: can be with sophisticated weapons.
• 41:41
  Speaker 1: A lot of people will die. You know, Mainland China
• 41:45
  Speaker 1: is very much.
• 41:47
  Speaker 2: Could be easily hit from Taiwan, so they would rather
• 41:51
  Speaker 2: just take it over.
• 41:51
  Speaker 1: And I think that's certainly a possibility.
• 41:53
  Speaker 2: I don't think it happens quickly, so for that they
• 41:56
  Speaker 2: have to be patient. And then she has to make
• 41:59
  Speaker 2: the call. Does he believe he has enough time to
• 42:03
  Speaker 2: move Taiwan in that direction? Is he making enough progress
• 42:07
  Speaker 2: to wait it out? Or it does it become an
• 42:11
  Speaker 2: urgent thing and he has to go to war, And
• 42:13
  Speaker 2: that could be affected by a lot of different things,
• 42:15
  Speaker 2: his age, the progress in Taiwan, the US, where the
• 42:21
  Speaker 2: US is weak or strong, and you.
• 42:25
  Speaker 1: Know, and also the domestic situation in China.
• 42:27
  Speaker 2: If the economy gets weaker, significantly weaker than it is now.
• 42:33
  Speaker 2: Dictators often use wars as a distraction, so it's hard
• 42:38
  Speaker 2: to tell how it's going to play out. But I
• 42:39
  Speaker 2: agree with you completely. The number one option, the preferred option,
• 42:43
  Speaker 2: is trying to convince the Taiwanese to become a vassal
• 42:47
  Speaker 2: state in one way or the other.
• 42:50
  Speaker 3: Thanks A yeah, but you're on just on that topic.
• 42:53
  Speaker 3: A little while ago you talked about you looked at
• 42:57
  Speaker 3: an analysis of military spending and you said Taiwan was, yeah,
• 43:00
  Speaker 3: surprisingly very low.
• 43:02
  Speaker 1: Yep.
• 43:03
  Speaker 3: So it would sound like, if anything, now would be
• 43:06
  Speaker 3: the time to do something for China. Because he clearly
• 43:09
  Speaker 3: the US isn't going to do anything. I think that's
• 43:11
  Speaker 3: almost to give.
• 43:12
  Speaker 2: Then now is the time, right, I mean, if I
• 43:15
  Speaker 2: were Chinese and committed to this, that now would be
• 43:17
  Speaker 2: the time, both because you know, America now is holding
• 43:20
  Speaker 2: up an arm sale to Taiwan. Taiwan hasn't spent a
• 43:24
  Speaker 2: huge amount, but more importantly, the United States a lot
• 43:28
  Speaker 2: of its defensive arsenal is being depleted. It's busy, it's distracted,
• 43:34
  Speaker 2: and Trump doesn't want a war.
• 43:36
  Speaker 1: So yeah, now's the time.
• 43:37
  Speaker 2: And I think, you know, would I be shocked if
• 43:42
  Speaker 2: if they announced not a war, but if they if
• 43:44
  Speaker 2: they announced something like a blockade of the Chinese island
• 43:47
  Speaker 2: and maybe maybe a toll system in the South China. See,
• 43:52
  Speaker 2: you know, if you want to ship two thirds of
• 43:54
  Speaker 2: something like two thirds of all the show, all the trade,
• 43:56
  Speaker 2: global trade goes to the South Chenda see.
• 43:58
  Speaker 1: Maybe a third, maybe two thousand.
• 44:00
  Speaker 2: Imagine if the Chinese learned from the Ranians and say, okay,
• 44:03
  Speaker 2: you want to pass here with the navy in control,
• 44:05
  Speaker 2: this is out. See it's called the South China see,
• 44:08
  Speaker 2: not the South American See.
• 44:09
  Speaker 1: So what will Trump do? What? You know he'll send.
• 44:12
  Speaker 2: You'll send the aircraft carriers and do what threaten He'll
• 44:15
  Speaker 2: yell at the Chinese, He'll threaten them, and you'll do nothing.
• 44:19
  Speaker 2: So next year, you know, people have estimated she believes
• 44:23
  Speaker 2: he can do it in twenty twenty seven. On the
• 44:24
  Speaker 2: other hand, here's the flip side of this. There are
• 44:28
  Speaker 2: a lot of reasons to believe that China's military.
• 44:31
  Speaker 1: Is much weaker than they think than we think it is.
• 44:36
  Speaker 2: China doesn't have a military command structure that's stable, all
• 44:40
  Speaker 2: the generals in it on you because she has fired
• 44:43
  Speaker 2: all of them over the last couple of years.
• 44:47
  Speaker 1: A lot of corruption. So does he want to test it? Right?
• 44:53
  Speaker 2: If there is a firefight, does he want to lose?
• 44:57
  Speaker 2: So those are some of the considerations I think he
• 44:59
  Speaker 2: goes through. But yeah, right now, given the United States
• 45:03
  Speaker 2: stands this is probably the best of times for China,
• 45:07
  Speaker 2: unless China estimates that things are only going to get
• 45:09
  Speaker 2: weak up for the United States.
• 45:11
  Speaker 3: Yeah. I think the other difference with the Ukraine parallel
• 45:15
  Speaker 3: is that who's guys, you're going to come to Taiwan's eight, Japan.
• 45:20
  Speaker 1: And South Korea.
• 45:23
  Speaker 2: Yeah, that's true, and Philippins and potentially the Philippines and yeah,
• 45:28
  Speaker 2: and Japan has the third third most significant navy in
• 45:32
  Speaker 2: the world. Japan has missiles that can hit Chinese territory.
• 45:37
  Speaker 2: They've moved miss south closer to Taiwan. Yeah, and and
• 45:41
  Speaker 2: so and you know, I don't know if South Korea
• 45:43
  Speaker 2: does anything because they're afraid of North Korea. So, but
• 45:45
  Speaker 2: Japan is probably the one country that could come to
• 45:48
  Speaker 2: Taiwan's eight.
• 45:49
  Speaker 3: And India might have a role in this, just to
• 45:51
  Speaker 3: help contain China.
• 45:53
  Speaker 2: Yeah, how how I don't think India would want to
• 45:56
  Speaker 2: get into a shooting match, but it could definitely support
• 46:00
  Speaker 2: and provide support in the background.
• 46:03
  Speaker 3: Do you think Australia would help. I mean, okay, they're
• 46:05
  Speaker 3: not huge in terms of economy, but they are a
• 46:07
  Speaker 3: developed country.
• 46:09
  Speaker 1: I don't think Australia helps unless the United States.
• 46:12
  Speaker 3: This, Yeah, Okay, okay, thanks.
• 46:17
  Speaker 1: I think someone.
• 46:21
  Speaker 6: Steve so on our trip.
• 46:26
  Speaker 5: Recently, I read a book that you read or you
• 46:29
  Speaker 5: recommended a while ago, which is Chip.
• 46:31
  Speaker 1: Wars YEP, I need you to respect.
• 46:35
  Speaker 5: Like one of my conclusions coming out of that book
• 46:38
  Speaker 5: is that industrial policy is less bad than I think
• 46:43
  Speaker 5: we would like normally say, like I would say that
• 46:45
  Speaker 5: certain countries have like very successful and running these in
• 46:51
  Speaker 5: this specific industry. I don't know other industries, but Samsung
• 46:54
  Speaker 5: clearly doesn't exist in the dominant position that it doesn't
• 46:57
  Speaker 5: and maybe not t SMC. And it's not to say
• 47:00
  Speaker 5: that the reason they succeed is because of industrial policy,
• 47:04
  Speaker 5: but I do think altering the cost of capital for
• 47:08
  Speaker 5: these country companies and like very capital intensive industries like
• 47:15
  Speaker 5: does give them a potential leg up.
• 47:17
  Speaker 6: But it's not that the America doesn't do this too.
• 47:21
  Speaker 5: I actually found the story of Micron in that book
• 47:24
  Speaker 5: to be like, oh, this is really interesting. These guys
• 47:26
  Speaker 5: just said we were literally given all the constraints, we
• 47:29
  Speaker 5: were still going to be better.
• 47:30
  Speaker 6: Like I love that, but I get I'm guessing you can.
• 47:35
  Speaker 1: And it was started by a potato fall in Iowa.
• 47:38
  Speaker 5: And guy is like, literally, you know what is if
• 47:42
  Speaker 5: you there's a book about the how the NMAX comes
• 47:45
  Speaker 5: to like trade of oil, and he I think it's.
• 47:48
  Speaker 6: The same guy who basically like he just sells these.
• 47:52
  Speaker 5: Main potato futures and it's like we'll sue me, and
• 47:56
  Speaker 5: the IMAX like almost goes out of business because sells
• 47:59
  Speaker 5: Idamo potatoes.
• 48:01
  Speaker 1: Any great, Yeah, yeah.
• 48:02
  Speaker 5: Anyway, I'm guessing you can restore my faith and confidence.
• 48:07
  Speaker 6: An industrial policy is.
• 48:12
  Speaker 2: Bad.
• 48:13
  Speaker 1: Look, there's no question that.
• 48:17
  Speaker 2: You know industrial policy done right, and you have to
• 48:20
  Speaker 2: you have to say that the Asians have done it
• 48:22
  Speaker 2: right whereas nobody else and you know, arguably, arguably potentially
• 48:27
  Speaker 2: the Germans did it right in quotation marks for a
• 48:30
  Speaker 2: while back in the day and even to this day.
• 48:35
  Speaker 1: Can work on a limited basis.
• 48:39
  Speaker 2: That is, if you decide these are the five industries
• 48:44
  Speaker 2: that you're going to make incredibly successful.
• 48:46
  Speaker 1: You're going to subsidize the hell out of them.
• 48:49
  Speaker 2: And let's say you have the talent, you have the
• 48:51
  Speaker 2: people there, and you're just going to drive them. My
• 48:54
  Speaker 2: guess is three will fail and two will be unbelievable successes.
• 48:59
  Speaker 2: And you don't have the alternative universe, parallel universe running
• 49:04
  Speaker 2: where you didn't do that where you just allowed private
• 49:06
  Speaker 2: capital to allocate capital privately, and maybe you have no
• 49:10
  Speaker 2: dominant position in any one of those industries, but quality
• 49:14
  Speaker 2: of life is stand up living for your population is
• 49:16
  Speaker 2: much higher because the investments went into the things that
• 49:19
  Speaker 2: actually people care about and where the skill set is
• 49:23
  Speaker 2: or what you know, whatever the combination the market determines is.
• 49:27
  Speaker 1: So it depends what you're measuring. If you're measuring total.
• 49:31
  Speaker 2: Dominance in an industry, then yeah, I mean you can
• 49:35
  Speaker 2: do it through industrial planning for a while, particularly if
• 49:39
  Speaker 2: the rest of the economy is free, so that you're
• 49:41
  Speaker 2: not crippling like the Soviets crippling the entire economy to
• 49:44
  Speaker 2: invest in one thing, but you're leaving the rest of
• 49:46
  Speaker 2: the economy.
• 49:47
  Speaker 1: Three you can do it. I mean Japanese did it.
• 49:50
  Speaker 2: But what we don't see in Japan, what nobody talks
• 49:53
  Speaker 2: about in Japan is all the white elephants, all the
• 49:56
  Speaker 2: industries that industrial planning focused on that failed and didn't
• 50:00
  Speaker 2: go anywhere. And you know what, we're seeing other success stories,
• 50:06
  Speaker 2: so we're not seeing the wasted capital. And you could
• 50:08
  Speaker 2: argue it in Japan's case, it's now gone through what three
• 50:13
  Speaker 2: and a half decades of stagnation, relative stagnation. Maybe that's
• 50:17
  Speaker 2: the price of industrial planning that it engaged in in
• 50:20
  Speaker 2: the seventies and eighties, sixty seventies and eighties. So now
• 50:27
  Speaker 2: Taiwan's unique because Taiwan's industrial planning happened not from the
• 50:34
  Speaker 2: initiative of the government, and indeed the government played a
• 50:38
  Speaker 2: relatively small role, the initiative of one entrepreneur who didn't
• 50:42
  Speaker 2: want to go to Taiwan to do this. You know,
• 50:44
  Speaker 2: that's one of the great things about the chipwars. He
• 50:46
  Speaker 2: tells the story right. He wanted it to happen in
• 50:49
  Speaker 2: the US. He went to ti to Texas instruments. He
• 50:53
  Speaker 2: tried to get it started in the US, and nobody
• 50:55
  Speaker 2: had the vision to see it. To see what he
• 50:58
  Speaker 2: saw that is that you could create a fabul only
• 51:00
  Speaker 2: facility that other people and build a business model around that.
• 51:04
  Speaker 1: And everybody turned him down.
• 51:06
  Speaker 2: See when a Taiwan he convinced a government, you know,
• 51:08
  Speaker 2: official to provide him with some initial capital. It wasn't
• 51:11
  Speaker 2: even that much. But because the government of Taiwan was investing,
• 51:14
  Speaker 2: other people invested in the Taiwanese environment. And after that,
• 51:19
  Speaker 2: I don't think the government played much of a role.
• 51:21
  Speaker 2: That is, it wasn't industrial planning anywhere near the scale
• 51:25
  Speaker 2: of South Korea the scale of of of Japan or China.
• 51:30
  Speaker 1: So Taiwan, I think is a unique story.
• 51:34
  Speaker 2: That let's say the Taiwanese government got lucky, you know,
• 51:39
  Speaker 2: because I think.
• 51:39
  Speaker 1: That's what it did.
• 51:40
  Speaker 2: And who knows how many other investments had made that
• 51:42
  Speaker 2: failed and this one succeeded. So South Korea always had
• 51:49
  Speaker 2: a mixture of heavy government involvement. One of the strengths
• 51:52
  Speaker 2: of the South Korea system is it has no It
• 51:55
  Speaker 2: had no anti trust law, so companies could go as
• 51:58
  Speaker 2: because they wanted and be as versified as they wanted.
• 52:01
  Speaker 2: So you got the creation of these conglomerates family held
• 52:05
  Speaker 2: But the government did protect those conglomerates from competition to
• 52:08
  Speaker 2: a large extent, and there was industrial planning in that sense.
• 52:13
  Speaker 2: And here I would say, my guess is, given the
• 52:16
  Speaker 2: entrepreneurial nature of the South Korean economy, that without government interference,
• 52:23
  Speaker 2: South Korea would be even richer than it is today,
• 52:25
  Speaker 2: more dynamic, more exciting, maybe less dominant in any particular industry,
• 52:30
  Speaker 2: but much bigger and much more successful. Is Samsung really
• 52:34
  Speaker 2: that good of a company. In some areas it dominates
• 52:39
  Speaker 2: chips well second in chips, but TVs and other things,
• 52:44
  Speaker 2: but those are very low margin businesses other than the chips, right,
• 52:48
  Speaker 2: TVs and things like that. I don't know what the
• 52:51
  Speaker 2: margins are, but the very locust competition is very high.
• 52:54
  Speaker 2: And in South Korea, Samsung does everything. Like when you
• 52:58
  Speaker 2: go to South Korea, the Samsung cause, right, we don't
• 53:01
  Speaker 2: have Samsung cause, but in South Korea the same Sung cause.
• 53:05
  Speaker 2: Part of the reasons the Samsung causes because the Korean
• 53:08
  Speaker 2: government has very high tariffs on foreign cause, so almost
• 53:13
  Speaker 2: all the cause.
• 53:14
  Speaker 1: In Korea Korean.
• 53:17
  Speaker 2: Whereas you go to Japan you can see lots of
• 53:20
  Speaker 2: BMW's and Mercedes and stuff, in Korea you see very few.
• 53:26
  Speaker 2: So they're protecting that industry with saying some you know,
• 53:30
  Speaker 2: is this is this good for the Korean people?
• 53:32
  Speaker 1: Questionable?
• 53:34
  Speaker 2: So again, the standard is not dominance in an industry.
• 53:37
  Speaker 1: The standard is.
• 53:40
  Speaker 2: Uh, human you know, human success, individual success, and Korea
• 53:47
  Speaker 2: in many regards is struggling from that perspective.
• 53:50
  Speaker 1: Uh.
• 53:51
  Speaker 2: And then finally there is a you know, they I
• 53:53
  Speaker 2: don't want to call it industrial planning, but there's no
• 53:55
  Speaker 2: question there is a role for national security.
• 53:58
  Speaker 1: In saying.
• 54:01
  Speaker 2: We need products, certain products that are built far away
• 54:07
  Speaker 2: from our adversary so that we know we can get
• 54:11
  Speaker 2: them in time of war. And that requires strategy, It
• 54:16
  Speaker 2: requires thinking. I don't require. I don't think it requires
• 54:19
  Speaker 2: the kind of uh industrial planning that Biden engaged in
• 54:24
  Speaker 2: or that these other countries engage in. All it requires
• 54:26
  Speaker 2: really is something like kind of forward contracts. Will buy
• 54:33
  Speaker 2: a billion chips at a premium over market if they're
• 54:38
  Speaker 2: built outside of this zone, and and then you get
• 54:43
  Speaker 2: those chips, those chips will come because people there will
• 54:46
  Speaker 2: be a huge profit opportunity, and people will go to
• 54:49
  Speaker 2: the place where it's cheapest and most efficient to produce
• 54:51
  Speaker 2: those chips. Might be America, might be Mexico, might be Brazil,
• 54:56
  Speaker 2: it might be Spain.
• 54:56
  Speaker 1: I don't know.
• 54:58
  Speaker 2: But let the market determine, and and you do it
• 55:00
  Speaker 2: that way. So what you don't see is the missed opportunities.
• 55:04
  Speaker 2: What you don't see is the waste of capital.
• 55:07
  Speaker 1: You know. What you don't see is is the misses
• 55:10
  Speaker 1: so uh and and really the parallel universe in which
• 55:15
  Speaker 1: this doesn't happen.
• 55:17
  Speaker 6: We perpetually have that problem. I don't know what to
• 55:20
  Speaker 6: do about.
• 55:21
  Speaker 2: Yes, it's it's it's the It's one of the biggest
• 55:25
  Speaker 2: issues we have trying to convince people of capitalism is that,
• 55:31
  Speaker 2: you know, the mixed economy is pretty good.
• 55:34
  Speaker 1: I mean, life's pretty good in a mixed economy.
• 55:36
  Speaker 2: So you're you're going to people and saying do away
• 55:38
  Speaker 2: with regulation and do away with the welfare state, and
• 55:40
  Speaker 2: they're going that sounds super risky and life's pretty good
• 55:44
  Speaker 2: right now, Why would I take that risk? Like, no,
• 55:47
  Speaker 2: but in the parallel universe things are so much better way,
• 55:51
  Speaker 2: But I can't see the power universe.
• 55:53
  Speaker 1: I don't know it exists.
• 55:54
  Speaker 2: And you're talking principles and philosophy and and economic theory
• 55:58
  Speaker 2: and all this stuff. All I know is my life's
• 56:00
  Speaker 2: pretty good, and you want you want to increase the
• 56:03
  Speaker 2: risk and it's a big problem that we have. Thanks
• 56:10
  Speaker 2: Steve Online.
• 56:13
  Speaker 3: Yeah, so not a question per se, but just an
• 56:16
  Speaker 3: observation and something you talked about. I think it's probably
• 56:19
  Speaker 3: been a couple of months now around driverless cars and
• 56:23
  Speaker 3: I and you were saying that you know, the impact
• 56:25
  Speaker 3: that this could have on how we live and all
• 56:27
  Speaker 3: that kind of stuff, where you know, maybe we don't
• 56:30
  Speaker 3: own our own car anymore and so forth, And I
• 56:32
  Speaker 3: just I wanted to expand on that, but I think
• 56:36
  Speaker 3: it's going to not only would it be kind of
• 56:38
  Speaker 3: like the model that people would have in terms of
• 56:41
  Speaker 3: owning cars and stuff, but I think the actual design
• 56:43
  Speaker 3: of cars and so forth would have to change too,
• 56:46
  Speaker 3: because cars right now are designed for infrequent use yep.
• 56:50
  Speaker 3: And you know, you know from your own engineering background
• 56:53
  Speaker 3: that things that are designed for infrequent use versus frequent
• 56:57
  Speaker 3: use typically have to have different designs and so fourth.
• 57:00
  Speaker 3: And also I think the models that would come into
• 57:03
  Speaker 3: play about sharing cars, you know, could you have like
• 57:06
  Speaker 3: a neighborhood that would share a car or small group
• 57:09
  Speaker 3: and all that. I think it would be really interesting,
• 57:11
  Speaker 3: interesting if the bloody governments would just stay out of
• 57:14
  Speaker 3: the way and let it happen, which of course won't happen,
• 57:17
  Speaker 3: but you know, it just it's just no observation. And
• 57:20
  Speaker 3: I don't know if you've read anymore thought it.
• 57:22
  Speaker 1: I mean, to some extent, it's already happening.
• 57:23
  Speaker 2: And if you go to I think in Austin they
• 57:26
  Speaker 2: have them, in San Francisco and now in Vegas, Amazon
• 57:30
  Speaker 2: has this driverless.
• 57:31
  Speaker 1: Car and it doesn't look like a car at all.
• 57:34
  Speaker 1: It looks like a little kind of a trolley thing.
• 57:37
  Speaker 2: I mean, there's no place for the engine because you
• 57:40
  Speaker 2: don't need an engine. You just take a battery underneath
• 57:43
  Speaker 2: the fame and you know, it's it's four people facing
• 57:46
  Speaker 2: each other. There's no driver's seat, there's no steering wheel,
• 57:50
  Speaker 2: there's nothing that makes it look like a regular car.
• 57:52
  Speaker 2: It actually looks much more like an automated trolley. And
• 57:57
  Speaker 2: you know, saying that's driving on Vegas and driving on
• 57:59
  Speaker 2: Seff Francisco and Austin right now, and people are using
• 58:03
  Speaker 2: it right now. Most driverless cars look like cars and
• 58:08
  Speaker 2: have steering wheels and have you know, and they're built
• 58:11
  Speaker 2: for you know, for drivers, and that's not going to
• 58:16
  Speaker 2: be the case. It makes no sense for that to
• 58:17
  Speaker 2: be the case. Right, So the whole way in which
• 58:21
  Speaker 2: cause are designed and built. And you write also in
• 58:24
  Speaker 2: terms of the kind of parts, the fewer moving parts
• 58:27
  Speaker 2: in an electric car than there is an internal combustion engine,
• 58:30
  Speaker 2: so you're going to have less repairs. It's a lighter car.
• 58:36
  Speaker 2: You know, it has a lot of sensors on it.
• 58:37
  Speaker 2: But since there's a light, it needs computational power. But
• 58:41
  Speaker 2: you know, chips today are so powerful and so small
• 58:44
  Speaker 2: that doesn't take up any space. So the whole way
• 58:47
  Speaker 2: in which we think about car design is going to shift.
• 58:50
  Speaker 2: You see that a little bit in the This is
• 58:53
  Speaker 2: the controversial topic that the new Ferrari that I showed
• 58:56
  Speaker 2: on the show the other day, which you know, anybody who.
• 59:01
  Speaker 1: Loves Ferrari says is not a Ferrari, but it's it is.
• 59:08
  Speaker 2: You know, it's designed to be an electric car, and
• 59:11
  Speaker 2: so there's no there's no back engine, there's you know,
• 59:14
  Speaker 2: there's a lot of the things that you associate with
• 59:17
  Speaker 2: with with causes, it doesn't exist there. So it's going
• 59:20
  Speaker 2: to be fascinating to see how it happens. And yeah,
• 59:23
  Speaker 2: in terms of safety convenience, no imagine no parking. I mean,
• 59:30
  Speaker 2: we're building this facility in Austin, Texas for the Iron
• 59:33
  Speaker 2: Man Institute, and one of the considerations we have to
• 59:36
  Speaker 2: do underground parking is how much parking to put in
• 59:40
  Speaker 2: there because we want to do public events and we've
• 59:43
  Speaker 2: decided to minimize the parking. The reality is parking is
• 59:47
  Speaker 2: very expensive because you have to dig, so it's expensive
• 59:51
  Speaker 2: to build parking.
• 59:52
  Speaker 1: And I think that in twenty years parking will be irrelevant.
• 59:55
  Speaker 2: People will will just show up in in driver less
• 59:59
  Speaker 2: cause we dropp off and and and then hail a
• 1:00:01
  Speaker 2: call when they on their way out. So a lot
• 1:00:06
  Speaker 2: will change. It's going to be interesting to watch.
• 1:00:10
  Speaker 3: Yeah, yeah, like yeah, absolutely, I just I guess I'm
• 1:00:15
  Speaker 3: thinking I probably won't get a chance to see a
• 1:00:17
  Speaker 3: lot of it because the way the governments are going
• 1:00:19
  Speaker 3: to screw this up that you know it's going to
• 1:00:21
  Speaker 3: take a long time.
• 1:00:23
  Speaker 2: I'm encouraged by the fact that these driverless cars out there.
• 1:00:26
  Speaker 2: I mean, this is faster than I thought, because I
• 1:00:29
  Speaker 2: thought government would really slow down. But if you know,
• 1:00:32
  Speaker 2: looking at my hotel room in Austin, I don't know,
• 1:00:34
  Speaker 2: there were times of the day where it seemed like
• 1:00:38
  Speaker 2: twenty five to fifty percent of the cause we're way more,
• 1:00:40
  Speaker 2: We're Drivalles way more one of these other companies. I
• 1:00:43
  Speaker 2: don't think that was that was true most of the day,
• 1:00:46
  Speaker 2: but there was certainny times. So they're there and they're
• 1:00:49
  Speaker 2: slowly dominating, and you know, they still need to be
• 1:00:52
  Speaker 2: allowed on the highways and there's still a lot of
• 1:00:54
  Speaker 2: things that need to happen, but we're moving in that direction.
• 1:00:57
  Speaker 1: It could happen pretty quickly.
• 1:00:58
  Speaker 3: So it's easy to identify these cars. They have, like
• 1:01:01
  Speaker 3: what big cameras are.
• 1:01:02
  Speaker 2: Yeah, so Weimo has this big thing on the roof, right,
• 1:01:05
  Speaker 2: so it has this big It doesn't use cameras, it
• 1:01:08
  Speaker 2: uses uh light off, which is a type of radar.
• 1:01:12
  Speaker 3: Yeah.
• 1:01:13
  Speaker 2: The Amazon ones just don't look like cars, so they're
• 1:01:16
  Speaker 2: easy to identify. Yeah, And the Tesla uses cameras, so
• 1:01:21
  Speaker 2: you can't tell. The cameras are built into the car,
• 1:01:24
  Speaker 2: so it doesn't look any different than a regular Tesla.
• 1:01:27
  Speaker 2: But the Weaimos definitely have this footprint of this big
• 1:01:31
  Speaker 2: thing on the roof. And as a consequence of there's
• 1:01:33
  Speaker 2: still very expensive, but that all those prices are coming
• 1:01:36
  Speaker 2: down significantly.
• 1:01:37
  Speaker 3: Yeah. So not to not to hog the topic here
• 1:01:40
  Speaker 3: too long, but I'm just curious, Like I live in
• 1:01:42
  Speaker 3: Canada and or in the winter especially, I mean, we
• 1:01:44
  Speaker 3: have so much crap.
• 1:01:46
  Speaker 11: On the road's like my little backup camera, like after
• 1:01:50
  Speaker 11: like driving ten minutes, it's useless practically, So what what
• 1:01:55
  Speaker 11: do you know what these cars do for addressing that
• 1:01:59
  Speaker 11: or they.
• 1:01:59
  Speaker 2: You know, I mean I don't know that they've gone
• 1:02:01
  Speaker 2: to really cold climates partially because batteries don't work as
• 1:02:05
  Speaker 2: well in cold climates as well, so battery you know,
• 1:02:08
  Speaker 2: generally electric cars are not as good. But my guess
• 1:02:11
  Speaker 2: is they'll put little warmers into the camera so that
• 1:02:15
  Speaker 2: whatever is on the lens belts quickly.
• 1:02:20
  Speaker 1: You know, it might be fairly easy to.
• 1:02:24
  Speaker 2: Create kind of electric that needs to happen. And then
• 1:02:29
  Speaker 2: mud and things like that, Yeah.
• 1:02:31
  Speaker 3: Just salt, spray and dirt.
• 1:02:32
  Speaker 1: And it'll be interesting to see how they solve that.
• 1:02:36
  Speaker 2: And maybe radar is better for that, maybe, but maybe
• 1:02:40
  Speaker 2: it also gets blocked.
• 1:02:41
  Speaker 1: With fun too.
• 1:02:42
  Speaker 3: We have radar on our car for cruise control. Yeah,
• 1:02:46
  Speaker 3: and sometimes that it'll just say, look, you know, the
• 1:02:49
  Speaker 3: systems offline and ascuse me, because there's a crust of
• 1:02:52
  Speaker 3: ice on the front.
• 1:02:53
  Speaker 1: Canada is going to have to wait longer, you know.
• 1:02:56
  Speaker 2: And it looks like the southern United States will be
• 1:02:58
  Speaker 2: the beneficiary first.
• 1:03:01
  Speaker 1: Yea of the tech. Yeah, okay, thanks online Lincoln.
• 1:03:05
  Speaker 3: Thanks.
• 1:03:07
  Speaker 1: Iron.
• 1:03:08
  Speaker 7: So my question is on the growing gap in gender
• 1:03:13
  Speaker 7: and education between the Democrats and Republicans. I've noticed that,
• 1:03:18
  Speaker 7: especially under Trump, the Democrats have increasingly become a party
• 1:03:22
  Speaker 7: that appeals to college educated women, mostly for messaging, and
• 1:03:26
  Speaker 7: the Republicans have increasingly become a party appealing to non
• 1:03:30
  Speaker 7: college educated men, and I think this is making the
• 1:03:32
  Speaker 7: Republicans in particular a lot worse normally because non college
• 1:03:36
  Speaker 7: educated voters tend to be worse on economics generally. But
• 1:03:41
  Speaker 7: it also makes it worse because it makes einbrand much
• 1:03:44
  Speaker 7: harder to be introduced to the table in Republican circles,
• 1:03:49
  Speaker 7: since I feel like probably ninety percent of objectivists are
• 1:03:53
  Speaker 7: college eduated or equivalent work at tech startups that are
• 1:03:57
  Speaker 7: smart enough to be college educated. And so do you
• 1:04:00
  Speaker 7: see this trend reversing post Trump or do you think
• 1:04:03
  Speaker 7: the Republicans are going to permanently become a male dominated,
• 1:04:08
  Speaker 7: non college educated party.
• 1:04:10
  Speaker 2: I mean, this is a trend that's been going on
• 1:04:12
  Speaker 2: even before Trump, that the educated gravitated towards the Democrats
• 1:04:17
  Speaker 2: and the uneducated towards.
• 1:04:20
  Speaker 1: Towards the Republicans. I think it.
• 1:04:24
  Speaker 2: I think it was already evident with Obama and with
• 1:04:27
  Speaker 2: with even with Bush. It's just becoming worse. And certainly
• 1:04:31
  Speaker 2: what Trump brought is young men which were not attracted
• 1:04:35
  Speaker 2: to the Republican Party before as much.
• 1:04:39
  Speaker 1: You know, I don't know.
• 1:04:40
  Speaker 2: It's really hard to tell what happens in American politics
• 1:04:43
  Speaker 2: because all the trends are so negative. I just don't
• 1:04:46
  Speaker 2: see any positive trend. Democrats are getting worse, Republicans are
• 1:04:50
  Speaker 2: getting worse, and the appealing to the worst people. The
• 1:04:55
  Speaker 2: worst people are the one who are active and therefore
• 1:04:58
  Speaker 2: participate in primaries. And there's just nobody working at appealing
• 1:05:05
  Speaker 2: to call it a centrist not a great name, but
• 1:05:08
  Speaker 2: a more centrist liberal in a classical sense audience. And
• 1:05:13
  Speaker 2: there's just no political home I think right now for
• 1:05:16
  Speaker 2: a majority of Americans. And I don't know how that's solved.
• 1:05:19
  Speaker 2: I don't think a third party. There's no energy behind
• 1:05:24
  Speaker 2: it launching a third party. But if the Democrats, you know,
• 1:05:30
  Speaker 2: will nominate a crazy leftist candidate and the Republicans go
• 1:05:36
  Speaker 2: with somebody like JD. Evans, maybe there'll be some energy
• 1:05:40
  Speaker 2: around it. But it's very very hard to tell. Also,
• 1:05:45
  Speaker 2: you know, it's important to note none of these allegiances
• 1:05:48
  Speaker 2: alliances it is.
• 1:05:50
  Speaker 1: Really permanent, because.
• 1:05:53
  Speaker 2: Non college educated men could flip very easily, very quickly,
• 1:05:57
  Speaker 2: and very easily, you know, depending on who the candidate is.
• 1:06:03
  Speaker 2: Could they go for Bernie Sanders like candidates if they
• 1:06:07
  Speaker 2: was one, or maybe this guy for Maine, which the
• 1:06:09
  Speaker 2: Democrats think, is there is there? Donald Trump, educated people
• 1:06:16
  Speaker 2: are less likely to change because they have a lot more.
• 1:06:22
  Speaker 1: Committed to it, So, you know, in otherwise, I don't
• 1:06:25
  Speaker 1: know where this all goes.
• 1:06:26
  Speaker 2: It's not good, None of it is good. But these
• 1:06:30
  Speaker 2: alliances can be easily flipped and changed, you know, again,
• 1:06:35
  Speaker 2: particularly for the non college educated. But look, it's still
• 1:06:39
  Speaker 2: true that the majority of Americans are neither here nor
• 1:06:41
  Speaker 2: there a vast majority of college where college educated men.
• 1:06:46
  Speaker 1: Where non college educated women.
• 1:06:48
  Speaker 2: I mean there's which is a minority of women now,
• 1:06:50
  Speaker 2: but where are these groups?
• 1:06:52
  Speaker 1: So there's still there's a.
• 1:06:55
  Speaker 2: Lot that can be done if somebody could figure out
• 1:06:58
  Speaker 2: a way to appear all to non woke, non maga
• 1:07:03
  Speaker 2: kind of more more normal people. All right, Thomas Thomas, Thomas,
• 1:07:19
  Speaker 2: you muted?
• 1:07:27
  Speaker 1: All right?
• 1:07:28
  Speaker 2: Well, Thomas is trying to unmute if he wants to
• 1:07:30
  Speaker 2: ask another question. Jacob asks in the chat here the
• 1:07:37
  Speaker 2: the YouTube chat, not the YouTube chat, the zoom chat.
• 1:07:43
  Speaker 2: Can someone ask you on what he thinks of ox
• 1:07:45
  Speaker 2: nod California? For me, so Lake City feels through city
• 1:07:52
  Speaker 2: fell through, so pivoting to our California plant, I don't know,
• 1:07:59
  Speaker 2: I mean Oxnod exactly.
• 1:08:01
  Speaker 1: I can't free where oxnot exactly.
• 1:08:03
  Speaker 12: Is the receptions good where I'm at right, it's just
• 1:08:09
  Speaker 12: south of Ventura area.
• 1:08:11
  Speaker 1: So.
• 1:08:13
  Speaker 2: Between La and Ventua. I mean, that's not a bad place.
• 1:08:18
  Speaker 2: It's not a bad place to live. You're close to
• 1:08:19
  Speaker 2: the valley, there's a ton going on. You're not that
• 1:08:23
  Speaker 2: far from Malay. Although traffic is figging nightmare. Weather's really
• 1:08:28
  Speaker 2: really nice. Into a county is really nice.
• 1:08:32
  Speaker 1: Yeah, I mean it's a nice part of the world.
• 1:08:34
  Speaker 1: It's not bad. It's not bad at all. It's a
• 1:08:37
  Speaker 1: nice place to live. Yeah. Yeah.
• 1:08:40
  Speaker 12: My wife and I are looking primarily if we get
• 1:08:42
  Speaker 12: a house for our primary top value is the safety
• 1:08:46
  Speaker 12: of the neighborhood and area. Anything to do you suggest
• 1:08:50
  Speaker 12: when we tour the town.
• 1:08:52
  Speaker 2: Yeah, I mean I think that area is pretty safe.
• 1:08:56
  Speaker 2: I wouldn't have too many concerns. You're not as south La,
• 1:09:00
  Speaker 2: You're not in a part of the valley that might
• 1:09:03
  Speaker 2: be a little sketchy.
• 1:09:05
  Speaker 1: I think you fall away from that. I mean, check
• 1:09:07
  Speaker 1: it out. I don't know Ox, not in particular, but
• 1:09:09
  Speaker 1: that general area on that side of the mountain, you know,
• 1:09:14
  Speaker 1: leading into into a county, I think is a pretty
• 1:09:17
  Speaker 1: safe area.
• 1:09:19
  Speaker 2: We're kind of thanks, And there are lots of gated
• 1:09:21
  Speaker 2: communities and places like that.
• 1:09:25
  Speaker 1: Which you could consider as well.
• 1:09:27
  Speaker 12: For added Satya, our budgets six fifty to like eight
• 1:09:31
  Speaker 12: fifty maybe nine if we really push it.
• 1:09:34
  Speaker 1: That's tough in California. Yeah, that's part. It is tough
• 1:09:38
  Speaker 1: in California.
• 1:09:40
  Speaker 2: Yeah, I mean, under a million is difficult to find
• 1:09:43
  Speaker 2: a good place in California.
• 1:09:46
  Speaker 12: Well we're only thirty one and thirty.
• 1:09:48
  Speaker 2: So yeah, have time, absolutely, absolutely all right. I don't
• 1:09:55
  Speaker 2: know if Thomas has managed to unmute.
• 1:09:58
  Speaker 1: No, he's still muted. All right, let's go to a
• 1:10:01
  Speaker 1: super chat. Tyler fifty dollars fifty Swiss. Thanks, Thank you.
• 1:10:07
  Speaker 2: Tyler, really appreciate that a referendum is going to ballot
• 1:10:10
  Speaker 2: in Switzerland in two weeks to force the government to
• 1:10:13
  Speaker 2: stop immigration if the population reaches nine point five million.
• 1:10:17
  Speaker 2: Please talk about why that is a bad idea from
• 1:10:19
  Speaker 2: an objective's perspective. Well, I mean the same idea. I'm
• 1:10:25
  Speaker 2: against the limitations and immigration anyway. I mean, first, how
• 1:10:30
  Speaker 2: do you determine what the optimal size of a population
• 1:10:34
  Speaker 2: in a place like Switzerland is? You know, what determines
• 1:10:38
  Speaker 2: that at nine point five nine point seven twelve eight.
• 1:10:42
  Speaker 2: You know, it seems like a completely random and arbitrary figure.
• 1:10:48
  Speaker 1: You're you know, you're violating the.
• 1:10:51
  Speaker 2: Rights of the Swiss to associate with the people they
• 1:10:56
  Speaker 2: want to associate with, to hire the people they want
• 1:10:59
  Speaker 2: to hire, and to have as neighbors the people they
• 1:11:03
  Speaker 2: would like to have as neighbors. So you're limiting the
• 1:11:07
  Speaker 2: rights of the Swiss in terms of who they can
• 1:11:11
  Speaker 2: invite across.
• 1:11:12
  Speaker 1: The border to come and live with them, which I
• 1:11:15
  Speaker 1: think is wrong.
• 1:11:16
  Speaker 2: And then of course you're violating the rights of the
• 1:11:18
  Speaker 2: potential immigrants who would like to come into Switzerland and
• 1:11:22
  Speaker 2: live there. Much better would be, you know, to limit
• 1:11:27
  Speaker 2: immigration of Islamists.
• 1:11:31
  Speaker 1: I don't know, you know, musk going Muslims.
• 1:11:35
  Speaker 2: You know, you can figure it out exactly how you
• 1:11:37
  Speaker 2: want to phrase it, but there is no question that
• 1:11:40
  Speaker 2: there is a population of people entering Europe that are
• 1:11:44
  Speaker 2: detrimental to the future of Europe, and those are the
• 1:11:47
  Speaker 2: people you would like to you know, limit in terms
• 1:11:51
  Speaker 2: of immigration into Switzerland and basically make it relatively easy
• 1:11:55
  Speaker 2: for everybody else to come in. But limiting it some
• 1:11:59
  Speaker 2: orbitual where a random number seems to be not very efficient,
• 1:12:04
  Speaker 2: not to be very effective. Not good for the Swiss economy,
• 1:12:07
  Speaker 2: not good, but more importantly, not good for the rights
• 1:12:10
  Speaker 2: of the Swiss people. This is the use of government
• 1:12:15
  Speaker 2: coersion to restrict the rights of its own citizens. In
• 1:12:19
  Speaker 2: other words, to restrict the freedom of their own citizens.
• 1:12:24
  Speaker 1: Thank you, Tyler Richard.
• 1:12:29
  Speaker 2: I think the California billionaire attacks is a referendum on
• 1:12:32
  Speaker 2: California voter stupidity.
• 1:12:35
  Speaker 1: Would you care to challenge this well, I mean, I
• 1:12:38
  Speaker 1: don't know what you mean by stupidity.
• 1:12:41
  Speaker 2: You know, they're not smart, they're dumb, they have a
• 1:12:44
  Speaker 2: bad philosophy.
• 1:12:45
  Speaker 1: You know what does it mean? It's certainly a referendum
• 1:12:48
  Speaker 1: on you know, their morality if you will, But.
• 1:12:55
  Speaker 2: I don't know if stupidity is the right thing. So
• 1:12:58
  Speaker 2: the referendum will probably win in Silicon value. Does that
• 1:13:01
  Speaker 2: mean the people in Silicon Valley are stupid? I mean
• 1:13:06
  Speaker 2: they might be dumb economically, they might be envious, they
• 1:13:09
  Speaker 2: might be morally corrupt, they might be a lot of things.
• 1:13:12
  Speaker 1: But I'm not just stupid is the right thing.
• 1:13:13
  Speaker 2: I think it's more altruism, and it's more envy, and
• 1:13:17
  Speaker 2: it's more ignorance and hatred and all of those things.
• 1:13:22
  Speaker 1: Combined.
• 1:13:25
  Speaker 2: I just don't like attributing bad actions or bad decisions
• 1:13:31
  Speaker 2: to people's intelligence. I don't think it's an issue of intelligence.
• 1:13:36
  Speaker 2: I think it's an issue of ideas. All right, Moulten's splendor.
• 1:13:42
  Speaker 2: I didn't listen to much news other than your news,
• 1:13:46
  Speaker 2: other than your report of Russia bombing Romania. Has any
• 1:13:49
  Speaker 2: other country organization NATO addressed Russia's attack. The only thing
• 1:13:55
  Speaker 2: they've done is condemned it. To the European Union's come
• 1:13:58
  Speaker 2: out and said this is bad. You shouldn't do it.
• 1:14:01
  Speaker 2: NATO has said this is bad, you shouldn't do it.
• 1:14:03
  Speaker 1: I think the.
• 1:14:04
  Speaker 2: EU is considering another package of sanctions on Russia. I
• 1:14:11
  Speaker 2: didn't know there was anything left to sanction. I thought
• 1:14:13
  Speaker 2: they'd already sanctioned everything. But they're gain to sanction some
• 1:14:16
  Speaker 2: more stuff. But no, nothing has really happened. Nobody's done anything,
• 1:14:21
  Speaker 2: nobody other than say this is bad. They've done nothing
• 1:14:27
  Speaker 2: to suggest any significant serious penalty for Russia for doing this.
• 1:14:34
  Speaker 2: And of course the Trump administration is completely mum on this,
• 1:14:38
  Speaker 2: not saying anything about it.
• 1:14:41
  Speaker 3: So you're just on this. What would you actually see
• 1:14:44
  Speaker 3: as a significant action that if somebody was doing this
• 1:14:48
  Speaker 3: properly could take like would you actually see some retaliatory military.
• 1:14:53
  Speaker 2: Action NATO F thirty fives, you know, doing a one
• 1:15:02
  Speaker 2: off attack run on forward military basis of the Russians
• 1:15:08
  Speaker 2: in Ukraine and saying this is just a warning you
• 1:15:13
  Speaker 2: continue to hit NATO countries, we can take your entire
• 1:15:16
  Speaker 2: military out. You can't touch our planes and we will
• 1:15:20
  Speaker 2: take you all out. I mean, that would be just
• 1:15:22
  Speaker 2: something symbolic. I don't think.
• 1:15:25
  Speaker 1: I don't think Putin launches nuclear weapons as a consequence
• 1:15:28
  Speaker 1: of that any and it forces them to pay attention.
• 1:15:33
  Speaker 3: And then what about even doing things like you know,
• 1:15:35
  Speaker 3: like taking some drones and I don't know if the
• 1:15:38
  Speaker 3: capability is there and just dropping leaflets at Moscow in
• 1:15:41
  Speaker 3: Saint Petersburg or something.
• 1:15:43
  Speaker 2: Well, I mean Ukraine is already attacking Moscow with drones,
• 1:15:45
  Speaker 2: so they know that.
• 1:15:47
  Speaker 3: Vulnerable that with European kind of thing. Yeah, I would
• 1:15:50
  Speaker 3: I would use we have this capability too, you.
• 1:15:53
  Speaker 1: Know, you know, we could just do a flyover on Moscow.
• 1:15:56
  Speaker 2: There's a little bit of risk there because they've got
• 1:15:58
  Speaker 2: a lot of defense systems, but just to prove to
• 1:16:01
  Speaker 2: them that they can't hit an F thirty five, just
• 1:16:03
  Speaker 2: do a flyover on Moscow something like that. But you
• 1:16:06
  Speaker 2: got to do something, something that indicates we have the
• 1:16:09
  Speaker 2: military might to take you on, and we have the
• 1:16:12
  Speaker 2: willingness to take you on. And I think you have
• 1:16:14
  Speaker 2: to drop a bomb. The problem is if you don't
• 1:16:16
  Speaker 2: drop a bomb. Yeah, okay, so you're doing a fly
• 1:16:18
  Speaker 2: over your leaflets, but what are you willing to actually do?
• 1:16:23
  Speaker 2: And I think attacking forward positions of the Russian army
• 1:16:27
  Speaker 2: it's not civilians, it's it's you know, it's.
• 1:16:31
  Speaker 1: A legit target.
• 1:16:33
  Speaker 2: And what it would tell the Russians is hu if
• 1:16:36
  Speaker 2: NATO got involved, Ukraine wins this and you know, maybe
• 1:16:40
  Speaker 2: relatively quickly.
• 1:16:41
  Speaker 3: Yeah, fat chance that any of us happening.
• 1:16:44
  Speaker 1: No, you know, it's all just my fantasies.
• 1:16:50
  Speaker 2: All right, Adam, this will be the last round and
• 1:16:55
  Speaker 2: then we'll do some super chats and we'll call it
• 1:16:57
  Speaker 2: a day.
• 1:16:59
  Speaker 4: Yes, my endocrinologist is currently doing research on lower dose
• 1:17:12
  Speaker 4: glt one and you know how it can be used
• 1:17:20
  Speaker 4: to extend live and make it better. At the same time,
• 1:17:29
  Speaker 4: she's a research doctor. She only spends one day a
• 1:17:33
  Speaker 4: week seeing patients, and so I can see her as
• 1:17:38
  Speaker 4: often as I would see a regular non research doctor,
• 1:17:46
  Speaker 4: can you weigh on the advantages and disadvantages of seeing
• 1:17:55
  Speaker 4: her more frequently versus participating and very interesting experiments in
• 1:18:08
  Speaker 4: you know, lower those let's say GLP one.
• 1:18:13
  Speaker 2: Well, I mean you don't need an indecronologist to do
• 1:18:17
  Speaker 2: load those GLP one You can do that pretty much
• 1:18:21
  Speaker 2: anyway today, you know. So you can just take a
• 1:18:26
  Speaker 2: load oose GP one and hopefully there's very little downside
• 1:18:30
  Speaker 2: taking it.
• 1:18:31
  Speaker 1: There's almost none, very few side effects.
• 1:18:35
  Speaker 2: There's no negative indication so far of GP one's and
• 1:18:38
  Speaker 2: you can take a load ose gp one and hope
• 1:18:41
  Speaker 2: that it extends your life. So that's one right with
• 1:18:45
  Speaker 2: regard to that specific But I'd say it really depends
• 1:18:47
  Speaker 2: on your condition, right, Why are you seeing her?
• 1:18:50
  Speaker 1: How serious is it?
• 1:18:52
  Speaker 2: Are there situations where you could imagine needing to see
• 1:18:56
  Speaker 2: today tomorrow because of an emergency and she's not available
• 1:18:59
  Speaker 2: because she's doing research. I think those are the kind
• 1:19:02
  Speaker 2: of considerations you would.
• 1:19:03
  Speaker 1: Have to take.
• 1:19:04
  Speaker 2: If it's not urgent that you see, if there's no
• 1:19:08
  Speaker 2: real need to see her frequently, and it's unlikely that
• 1:19:12
  Speaker 2: she will be who you go to to get emergency care,
• 1:19:18
  Speaker 2: then yeah, there's a huge benefit of having somebody who's
• 1:19:21
  Speaker 2: in the know, who's at the cutting edge of research,
• 1:19:25
  Speaker 2: it might let you participate in that research. So I
• 1:19:28
  Speaker 2: really think it's a question of the severity of the
• 1:19:32
  Speaker 2: condition and how badly you need to see her more
• 1:19:37
  Speaker 2: than you can see her today.
• 1:19:39
  Speaker 4: Well, I do have a gerontologist with my primary doctor
• 1:19:46
  Speaker 4: whom I would see if I needed to see a
• 1:19:49
  Speaker 4: doctor on short notice. With respect to side affects, yes,
• 1:19:58
  Speaker 4: there can be serious side effects, and I experienced these
• 1:20:04
  Speaker 4: two of them myself, so it's not mentioned in the
• 1:20:11
  Speaker 4: press as often. But one reason that she is doing
• 1:20:16
  Speaker 4: this research is to find a way of using less
• 1:20:23
  Speaker 4: glt one without triggering the side effects of continuous GLP one.
• 1:20:32
  Speaker 2: Yeah, I mean the doctor i've here is prescribing low
• 1:20:37
  Speaker 2: dose gp ones. Anybody who asks basically so, well, yes,
• 1:20:45
  Speaker 2: but people aside the side effects that I've had.
• 1:20:52
  Speaker 4: Had been serious enough, Well, then I'm not.
• 1:20:56
  Speaker 2: Sure it's worth taking the gp one right the side effects.
• 1:21:00
  Speaker 2: You don't want to die from the side effects. It'll
• 1:21:01
  Speaker 2: be really damaged from the side effect.
• 1:21:04
  Speaker 4: The side the effect were not deadly, they were not
• 1:21:11
  Speaker 4: seriously affecting my health in the long run that they
• 1:21:16
  Speaker 4: were you know, obstacles, just one needed to deal with.
• 1:21:22
  Speaker 1: Sure, No, that makes sense.
• 1:21:24
  Speaker 2: That's why if you're taking gp ones out there, even
• 1:21:27
  Speaker 2: if you're microdosing, you should do it under the supervision
• 1:21:29
  Speaker 2: of a doctor, some doctor, somebody, so they can they
• 1:21:33
  Speaker 2: can help you manage those side effects even in the microdosing.
• 1:21:40
  Speaker 1: Okay, let's see. Thank you, Adam Steve.
• 1:21:46
  Speaker 5: I want to tell you you finally convinced me of
• 1:21:49
  Speaker 5: your position on immigration. Now, I wasn't with the knuckle
• 1:21:52
  Speaker 5: draggers over in the administration, but in various like engineering
• 1:21:56
  Speaker 5: leadership roles. I've expended so much brain damage on visas
• 1:22:00
  Speaker 5: and just been like a part of sony visa processes
• 1:22:03
  Speaker 5: that I, I guess how would feel. I felt tremendously
• 1:22:06
  Speaker 5: resentful of people can try and like circumvent this process
• 1:22:09
  Speaker 5: that I've spent like so much of my life dealing with.
• 1:22:14
  Speaker 5: But our friends in the administration have managed to outdo them.
• 1:22:19
  Speaker 5: They continue to outdo themselves, and I now have what
• 1:22:23
  Speaker 5: I call like the Gensen tests, like what's your administration
• 1:22:27
  Speaker 5: or whatever your.
• 1:22:29
  Speaker 6: Immigration policy?
• 1:22:32
  Speaker 5: Admit Jensen Wong and most of them would not write
• 1:22:34
  Speaker 5: because there's nothing in his background.
• 1:22:36
  Speaker 6: That says, you know this guy is going to go
• 1:22:39
  Speaker 6: on to.
• 1:22:39
  Speaker 5: Found one of the most foundational like semiconductor yep uh
• 1:22:46
  Speaker 5: companies of well ever, and I just want to share
• 1:22:53
  Speaker 5: that with you, Like I I don't I don't know
• 1:22:57
  Speaker 5: exactly what put it over the edge, but like I
• 1:23:00
  Speaker 5: always wanted to like be like more like like I
• 1:23:07
  Speaker 5: was never anti immigration essential like the administration is, like
• 1:23:11
  Speaker 5: I do get upset when people aren't following the rules,
• 1:23:14
  Speaker 5: the rules.
• 1:23:15
  Speaker 6: As I think I'm supposed to be applied to them.
• 1:23:18
  Speaker 1: Yeah, I mean, my, my, and I get that.
• 1:23:20
  Speaker 2: And it makes sense that the challenge with the rules
• 1:23:23
  Speaker 2: is when the rules are really really really bad and
• 1:23:26
  Speaker 2: dumb and bureaucratic for most people and for tech engineers
• 1:23:30
  Speaker 2: a little easier than for the rest, then I'm I'm
• 1:23:34
  Speaker 2: fine with breaking them. And and that's you know, that's
• 1:23:37
  Speaker 2: my So that's always been my perspectives. I'm glad you've
• 1:23:42
  Speaker 2: come around to that. But and yes, this administration will
• 1:23:45
  Speaker 2: do that to you because I mean, this this latest
• 1:23:47
  Speaker 2: thing about all the H one B people and the
• 1:23:50
  Speaker 2: one people would have to leave the country to apply
• 1:23:54
  Speaker 2: for a green cord, which means they'd lose their job.
• 1:23:58
  Speaker 2: The families would have to relocate for however long it
• 1:24:00
  Speaker 2: took to get the green card, and it's likely they
• 1:24:02
  Speaker 2: never get the green card because it's just a way
• 1:24:04
  Speaker 2: for the government then to say no without them staying
• 1:24:08
  Speaker 2: in the United States.
• 1:24:09
  Speaker 1: So it's just so vicious.
• 1:24:11
  Speaker 2: It's just vicious because people have planned their lives, have
• 1:24:15
  Speaker 2: organized their lives about a future in the United States,
• 1:24:18
  Speaker 2: They've got jobs. These are not you know, people always
• 1:24:21
  Speaker 2: portray the immigrants as these welfare receiving leeches on society. No,
• 1:24:26
  Speaker 2: these are incredibly productive people. The fact that they so
• 1:24:30
  Speaker 2: much hate towards Indians is I think the best expression
• 1:24:33
  Speaker 2: of this. This is the most successful immigrant group in
• 1:24:36
  Speaker 2: American history in terms of income and wealth. So that again,
• 1:24:40
  Speaker 2: not the welfare leaches. So this just shows that people
• 1:24:43
  Speaker 2: don't care about welfare.
• 1:24:45
  Speaker 1: So it's.
• 1:24:48
  Speaker 2: I'm glad we need as many allies on the side
• 1:24:52
  Speaker 2: of more immigration that we can get, because it's certainly
• 1:24:56
  Speaker 2: not the popular position right now.
• 1:24:58
  Speaker 6: Well do what I can.
• 1:25:00
  Speaker 5: And look that I know so many people, like you know,
• 1:25:02
  Speaker 5: Tech is full of people from other countries.
• 1:25:07
  Speaker 6: I don't know how we managed to do it.
• 1:25:09
  Speaker 5: Why like like other Why if it's just like easier
• 1:25:12
  Speaker 5: for us if we have like more built out systems
• 1:25:16
  Speaker 5: like the number of like law firms and stuff that
• 1:25:19
  Speaker 5: like exist in this space, I guess make it easier.
• 1:25:22
  Speaker 5: Some of the rules make it easier than for other industries.
• 1:25:27
  Speaker 2: But again, this new regulation for the government is going
• 1:25:29
  Speaker 2: to change that unless they unless they give tech an out,
• 1:25:32
  Speaker 2: which they might. They might, you know, Apple and Google
• 1:25:35
  Speaker 2: might go to Donald Trump and get get an exclusion.
• 1:25:39
  Speaker 5: Which is honestly as actually I would say any almost
• 1:25:42
  Speaker 5: even worse outcome. You know, it's good for the people,
• 1:25:44
  Speaker 5: like in all because it just allows the government to
• 1:25:47
  Speaker 5: have more arbitrary power in this process. It's the arbitrariness
• 1:25:51
  Speaker 5: of the immigration system that like pisces me off so much.
• 1:25:54
  Speaker 1: I agree completely, greed completely, it's it's.
• 1:26:00
  Speaker 3: Have you heard the latest stupidity they're proposing about pulling
• 1:26:03
  Speaker 3: customs agents from blue state major airports.
• 1:26:07
  Speaker 2: Yes, yes, because well what they want to do is
• 1:26:12
  Speaker 2: cities who don't cooperate with ICE will have their international
• 1:26:17
  Speaker 2: airports basically shut down because they're going to pull all
• 1:26:21
  Speaker 2: the custom agents and not allow for international flights to
• 1:26:24
  Speaker 2: go into the airports. So lax Sfo Kennedy, Laguadia, you know,
• 1:26:30
  Speaker 2: all the major airports in the United States.
• 1:26:32
  Speaker 1: You know, Dallas will keep going.
• 1:26:33
  Speaker 2: But other than that, you know, yep, I mean, let's
• 1:26:36
  Speaker 2: cripple the US economy.
• 1:26:38
  Speaker 1: What the hell? Why not for the sake of ice,
• 1:26:41
  Speaker 1: ice being the top priority? I hope, Yeah, what's that Jacob.
• 1:26:50
  Speaker 12: FIFA will donate fifty million to some cryptoscheam and then
• 1:26:53
  Speaker 12: say that, I know they're already passed about Europeans pulling out.
• 1:26:57
  Speaker 1: Oh yeah, they won't do it before the World Cup.
• 1:26:59
  Speaker 1: They won't do it before the World Cup.
• 1:27:01
  Speaker 2: Trump has too much invested in the Cup, so they
• 1:27:03
  Speaker 2: won't do it before that. After the Cup, I don't
• 1:27:06
  Speaker 2: think they'll do it. This is like Trump saying he's
• 1:27:09
  Speaker 2: gonna turn you on into you know, uh, you know,
• 1:27:14
  Speaker 2: destroy the destroy you on. This is the kind of
• 1:27:16
  Speaker 2: the the kind of the the hype and the bullshit
• 1:27:19
  Speaker 2: that feeds MAGA. But they won't actually do But I
• 1:27:22
  Speaker 2: agree with you, it's almost like it would be better
• 1:27:24
  Speaker 2: if they did do it, so we got we got it,
• 1:27:27
  Speaker 2: we got it out there.
• 1:27:29
  Speaker 6: I don't think you could take it like that casually,
• 1:27:31
  Speaker 6: because I didn't.
• 1:27:32
  Speaker 5: Think that they would drive the border patrol around the
• 1:27:35
  Speaker 5: country rounding random people up, but that sure happened.
• 1:27:39
  Speaker 1: Oh yeah, it did, and it's happening. It's still happening.
• 1:27:43
  Speaker 2: It just it just doesn't make the headlines anymore because
• 1:27:46
  Speaker 2: they haven't done a concentrated effort on a blue city.
• 1:27:49
  Speaker 2: So so so it but it's still they're rounding people
• 1:27:52
  Speaker 2: up all over the place all the time, and the
• 1:27:54
  Speaker 2: media just got bored with it.
• 1:27:57
  Speaker 1: All right, I'm lying.
• 1:28:00
  Speaker 3: So I think it's a topic we've talked about before,
• 1:28:03
  Speaker 3: and you've also talked about a number of times, but
• 1:28:06
  Speaker 3: the whole kind of right to vote thing, and you know,
• 1:28:11
  Speaker 3: like I and they go back to that novel by
• 1:28:14
  Speaker 3: Hindland which starship Troopers, and I think that was that
• 1:28:17
  Speaker 3: was the biggest thing that was a controversial in that
• 1:28:20
  Speaker 3: was that you know, they didn't have the universal franchise.
• 1:28:24
  Speaker 3: And I'm actually tending towards not having universal franchise. For example,
• 1:28:29
  Speaker 3: for me, I don't think that if you are a
• 1:28:32
  Speaker 3: government employee then you should have the right to vote,
• 1:28:35
  Speaker 3: for example, and not just because I hate most of them,
• 1:28:39
  Speaker 3: that's maybe partly there, but I actually think you're in
• 1:28:42
  Speaker 3: a conflict of interest because you're now having the right
• 1:28:45
  Speaker 3: to vote and other people paying for your employer kind
• 1:28:49
  Speaker 3: of thing, and I think, you know, there's probably a
• 1:28:51
  Speaker 3: argument to be made for other kinds of things, like,
• 1:28:54
  Speaker 3: you know, if we are going to have government benefits
• 1:28:56
  Speaker 3: and so forth, maybe part of what you give up
• 1:28:59
  Speaker 3: is that right to vote. You know that you don't.
• 1:29:02
  Speaker 2: I mean, I have a problem with limiting the right
• 1:29:05
  Speaker 2: to vote in a non capitalist society. That is, as
• 1:29:10
  Speaker 2: long as I'm not at the ideal society I worry about.
• 1:29:14
  Speaker 2: Once you start disenfranchising one group, who's next. There's no
• 1:29:18
  Speaker 2: standard by which it can be done. So I don't
• 1:29:22
  Speaker 2: want to see a welfare state. Well wellfare people can't vote,
• 1:29:24
  Speaker 2: although I think that would be an improvement, and I
• 1:29:28
  Speaker 2: don't see a real big problem. The problem is I
• 1:29:31
  Speaker 2: don't want these bastards society who can and can't vote.
• 1:29:35
  Speaker 2: But certainly, in an ideal society, I think the vote
• 1:29:40
  Speaker 2: is not. As I've said before, I don't think it's
• 1:29:42
  Speaker 2: that important. I certainly think things like if you decide
• 1:29:49
  Speaker 2: not to pay taxes one year, which is an option
• 1:29:53
  Speaker 2: in a free society, maybe you can't vote that year.
• 1:29:56
  Speaker 2: Or maybe military service gives you an extra vote, like
• 1:30:01
  Speaker 2: in Starship Trooper. Maybe instead of one vote, you get
• 1:30:04
  Speaker 2: two votes for military service.
• 1:30:07
  Speaker 3: That was only after you left the service, Yeah.
• 1:30:09
  Speaker 1: After you left the service. Yes, So you know, I
• 1:30:13
  Speaker 1: don't know.
• 1:30:13
  Speaker 2: I'm open to different, you know, proposals around stuff like that,
• 1:30:20
  Speaker 2: but that you know, you'd have to make the case
• 1:30:23
  Speaker 2: that it was right suspecting and that it helped sustain
• 1:30:29
  Speaker 2: freedom over the long run.
• 1:30:31
  Speaker 1: Right.
• 1:30:32
  Speaker 3: So, even in our completely messed up stuff today, what
• 1:30:36
  Speaker 3: do you think about, at least removing it from government workers.
• 1:30:39
  Speaker 1: Yeah, I mean I'm generally.
• 1:30:42
  Speaker 2: Sympathetic to that, I think, at least in the United States.
• 1:30:46
  Speaker 2: I don't know what it's like in Canada. The biggest
• 1:30:47
  Speaker 2: issue with government employees, particularly at the state level, is their.
• 1:30:52
  Speaker 3: Pensions always the same. It's a same issue here.
• 1:30:56
  Speaker 2: So for me, one thing would be clear is you
• 1:31:00
  Speaker 2: outlaw you outlaw unions. You cannot have you cannot have
• 1:31:06
  Speaker 2: government unions. You cannot have a government pension. There's no
• 1:31:10
  Speaker 2: such thing as a government pension. They get full one k's,
• 1:31:13
  Speaker 2: you know, and but they get no pension. So any
• 1:31:15
  Speaker 2: kind of defined what is it called defined benefit? Yeah,
• 1:31:18
  Speaker 2: defined benefit plan should be outlawed for government employees.
• 1:31:22
  Speaker 1: If private enterprise wants to do it, fine, it's the problem.
• 1:31:24
  Speaker 2: But government employees should not be allowed to have. Once
• 1:31:27
  Speaker 2: you do that, you take away a big chunk of
• 1:31:30
  Speaker 2: the of of what they actually lobby for. What they
• 1:31:34
  Speaker 2: actually lobby for is constantly improving their pension plans. And
• 1:31:40
  Speaker 2: you know, and the politicians don't care because by the
• 1:31:42
  Speaker 2: time the pension is paid, they're going to be out of office,
• 1:31:44
  Speaker 2: and the voters don't pay attention. And it's just a
• 1:31:48
  Speaker 2: massive redistribution of wealth from voters, from taxpayers to government employees,
• 1:31:54
  Speaker 2: and that cannot be allowed.
• 1:31:57
  Speaker 3: I don't know how much of an issue is in
• 1:31:59
  Speaker 3: the US, but the other problem we have here for
• 1:32:01
  Speaker 3: government and people, it's not only the pensions, but their
• 1:32:04
  Speaker 3: benefits are just outrageously expensive, and goal played it.
• 1:32:09
  Speaker 1: My guess is it's worse in Canada.
• 1:32:11
  Speaker 3: Yeah, yeah, And I would I would just say, like
• 1:32:13
  Speaker 3: outlaw everything, you get a salary, and then if they
• 1:32:17
  Speaker 3: want to have groupings of employees who get together and
• 1:32:20
  Speaker 3: buy plans on their own and so forth. And I
• 1:32:22
  Speaker 3: have no problem with paying the people that we really
• 1:32:26
  Speaker 3: wanted a good salary, like you talked about yesterday. I
• 1:32:28
  Speaker 3: think that comps and stuff should have good salaries just
• 1:32:32
  Speaker 3: because it's it's equitable, and that's the way it should
• 1:32:34
  Speaker 3: be done. But you know, I personally, at least from
• 1:32:37
  Speaker 3: what I see, Canada would just out all their benefits
• 1:32:40
  Speaker 3: and everything.
• 1:32:40
  Speaker 1: And yeah, I agree with that. I agree with that.
• 1:32:43
  Speaker 1: That's right.
• 1:32:44
  Speaker 3: Okay. Unfortunately, yeah, not gonna like I said I I would.
• 1:32:49
  Speaker 3: Maybe I'm just mad at them. That's why it's good.
• 1:32:53
  Speaker 1: It's a good group for people to be mad at.
• 1:32:55
  Speaker 3: Yeah.
• 1:32:57
  Speaker 2: Yeah, they only have they only do damage. They don't
• 1:32:59
  Speaker 2: do any good most of Yeah, Jacob.
• 1:33:06
  Speaker 12: So, my wife and I just came back from Rome
• 1:33:08
  Speaker 12: last week and it was a great experience between the food,
• 1:33:12
  Speaker 12: seeing the sculpture, and the architecture. Where I had an
• 1:33:17
  Speaker 12: emotional response was as much as I loved Rome, it
• 1:33:21
  Speaker 12: was sad seeing all of the sculpture and the creation
• 1:33:25
  Speaker 12: that was done in the Renaissance that would just they
• 1:33:28
  Speaker 12: would tear down, grind up the Roman architecture and then
• 1:33:32
  Speaker 12: use that for a building material yeap. And then also
• 1:33:35
  Speaker 12: the Catholic imagery.
• 1:33:37
  Speaker 6: It just felt like.
• 1:33:38
  Speaker 12: It was a vulture on top of the carcass of
• 1:33:41
  Speaker 12: something that was really great. So I for me, I
• 1:33:45
  Speaker 12: could really like envision what Rome was like. But I
• 1:33:51
  Speaker 12: I had a visceral like negative interact in whenever I
• 1:33:55
  Speaker 12: viewed some of the churches or whatever. I'm not sure
• 1:33:58
  Speaker 12: if you did too, or it's just something where it's
• 1:34:00
  Speaker 12: like no one had a right to that's those buildings
• 1:34:04
  Speaker 12: that were left behind, so they're well within their right
• 1:34:07
  Speaker 12: to use it for their own benefit.
• 1:34:09
  Speaker 1: And the Renaissance, yeah, you can. You can't evnuate the
• 1:34:13
  Speaker 1: past that way.
• 1:34:14
  Speaker 2: You have to move forward, and that means sometimes destroying
• 1:34:18
  Speaker 2: old buildings and building new ones. And the other thing
• 1:34:22
  Speaker 2: is I'm not.
• 1:34:24
  Speaker 1: A huge fan of home.
• 1:34:25
  Speaker 2: I mean, Lome hat shulden advantages and sudden benefits, but
• 1:34:31
  Speaker 2: it was also a place of slavery and authoritarianism and poverty,
• 1:34:35
  Speaker 2: and and it was brutal.
• 1:34:38
  Speaker 1: It was brutal. She went to the.
• 1:34:42
  Speaker 12: Or the major bass wort and then I remember just
• 1:34:44
  Speaker 12: looking up where it's like you had ten thousand slaves
• 1:34:48
  Speaker 12: every day, Oh yeah, or supporting.
• 1:34:50
  Speaker 6: The wood burning that way they could have the bass.
• 1:34:53
  Speaker 1: Yeah.
• 1:34:53
  Speaker 12: It was basically you lived for a year just burning
• 1:34:55
  Speaker 12: wood and then people would die left, right and centers.
• 1:35:00
  Speaker 3: Yeah, yeah, I did.
• 1:35:01
  Speaker 12: I had a more visceral reaction against the Renaissance, which
• 1:35:05
  Speaker 12: was weird than I did the Roman times. Yeah, so
• 1:35:08
  Speaker 12: I'm still trying to understand why I had that reaction.
• 1:35:11
  Speaker 2: Yeah, probably the constant images of religious themes, but I
• 1:35:16
  Speaker 2: focus away from that.
• 1:35:17
  Speaker 1: So I hate Christianity.
• 1:35:19
  Speaker 2: I say that all the time, and the more I read,
• 1:35:21
  Speaker 2: the more I hate Christianity. But when I look at
• 1:35:25
  Speaker 2: the beauty of Renaissance arts and once you understand what
• 1:35:30
  Speaker 2: they've achieved and how in spite of the Christianity, they
• 1:35:35
  Speaker 2: are portraying beautiful people in individualized in an individualized way,
• 1:35:41
  Speaker 2: with actual character and beautiful colors and movement. You know,
• 1:35:46
  Speaker 2: who cares if it's Jesus. I mean, I'm fine with that.
• 1:35:51
  Speaker 2: You know, it's a child than a mother. And yeah,
• 1:35:54
  Speaker 2: the fact that Jesus may play some esthetical there, but
• 1:35:57
  Speaker 2: it's not the essence.
• 1:36:00
  Speaker 1: You know.
• 1:36:00
  Speaker 2: I think you have to if you have a certain
• 1:36:02
  Speaker 2: sense of the history of art and you see what
• 1:36:04
  Speaker 2: an achievement it is.
• 1:36:05
  Speaker 1: That they're.
• 1:36:07
  Speaker 2: That it it overshadows the particular religious themes. And most
• 1:36:14
  Speaker 2: of the religious themes are repetitive. That is, you get
• 1:36:19
  Speaker 2: Mary and Jesus over and over and over and over
• 1:36:21
  Speaker 2: and over again. But every time they do it, it's
• 1:36:23
  Speaker 2: a little different, and it's interesting to see the differences
• 1:36:26
  Speaker 2: and what they're emphasizing what they're not and the background
• 1:36:29
  Speaker 2: and the perspective, and so you know, don't lose sight
• 1:36:34
  Speaker 2: of the great achievement that is happening there and the
• 1:36:37
  Speaker 2: individuation that the arts is managing to achieve in spite
• 1:36:42
  Speaker 2: of the religious themes.
• 1:36:44
  Speaker 1: Even Jesus on the Cross.
• 1:36:46
  Speaker 2: You know, I friends that might make fun of me
• 1:36:48
  Speaker 2: because I like to go and take photographs of all
• 1:36:51
  Speaker 2: the jesus Is on the cross because they're all different,
• 1:36:55
  Speaker 2: and it's interesting to see how the artists perspective is
• 1:36:59
  Speaker 2: manifest and how they do it. Some Jesus is the thin, skinny,
• 1:37:04
  Speaker 2: you know, pathetic, you know, uh uh beings on across.
• 1:37:09
  Speaker 2: Others are young, vivacious, you know, incredibly strong.
• 1:37:17
  Speaker 1: Heroes on the cross.
• 1:37:19
  Speaker 5: Uh.
• 1:37:19
  Speaker 2: Other someone in pain. Some of are reconciled with God
• 1:37:23
  Speaker 2: and not in pain anymore. I mean, just the differences
• 1:37:26
  Speaker 2: I find super interesting. So, uh, there's a lot to see.
• 1:37:30
  Speaker 2: There's a lot there. And of course, not all Renaissance
• 1:37:32
  Speaker 2: art is religious. You've got Raphael's uh School.
• 1:37:38
  Speaker 1: Of Athens, the Vatican, and even the Sistine Chapel because
• 1:37:43
  Speaker 1: it's Old Testament. Uh, it's not as quite.
• 1:37:47
  Speaker 2: As religious in in the themes there.
• 1:37:51
  Speaker 1: The figures are powerful and strong and in movement and
• 1:37:55
  Speaker 1: in action.
• 1:37:55
  Speaker 2: It's it's I find it fascinating and interesting and inspiring.
• 1:38:02
  Speaker 12: It's still moved me. But it was I know, I'll
• 1:38:05
  Speaker 12: work through it. I'll figure out why I feel that way.
• 1:38:08
  Speaker 12: Like I was talking with my wife, it was we
• 1:38:11
  Speaker 12: really enjoyed it, and then I felt like I came back.
• 1:38:14
  Speaker 12: I was like, all right, I want to research more.
• 1:38:15
  Speaker 12: I want to figure out more before that way, our
• 1:38:18
  Speaker 12: next trip two years now will be even better. Absolutely,
• 1:38:21
  Speaker 12: we're definitely going back. Absolutely, there was so much in
• 1:38:24
  Speaker 12: Rome and Florence that you can never get bored of it.
• 1:38:27
  Speaker 1: Absolutely. Absolutely, Yeah, Steve, you want to say something.
• 1:38:32
  Speaker 5: One it was actually recommended to me here. I don't
• 1:38:34
  Speaker 5: fuse Iron or someone else. I had some similar reactions
• 1:38:38
  Speaker 5: to Rome, and one of the books that I thought
• 1:38:41
  Speaker 5: was really helped me work through it. I had a
• 1:38:44
  Speaker 5: different appreciation afterwards was the Agony in the Ecstasy.
• 1:38:47
  Speaker 6: Yeah, I thought I stood assis Team Chapel. I was
• 1:38:51
  Speaker 6: like I don't get it, and I'm like, oh, I
• 1:38:53
  Speaker 6: get it.
• 1:38:55
  Speaker 2: Yeah, that general recommendation to everybody. Agony and Ecstasy is
• 1:38:59
  Speaker 2: just a good book. I mean, there's questions about it's
• 1:39:03
  Speaker 2: biographical accuracy, but who cares. It's just a good book
• 1:39:08
  Speaker 2: and it's inspiring and heroic and interesting and fascinating and
• 1:39:14
  Speaker 2: well written. So highly recommend Agony and Ecstasy.
• 1:39:19
  Speaker 3: Thank you, Steven, Thanks very all.
• 1:39:21
  Speaker 1: Yep, yeah, all.
• 1:39:22
  Speaker 2: Right, let's go through these super check questions and we'll
• 1:39:24
  Speaker 2: call it a day. Unless Thomas wanted to ask something,
• 1:39:29
  Speaker 2: but he seems to be muted. All right, Richard says,
• 1:39:33
  Speaker 2: My financial advisor says. The biggest risks of security markets
• 1:39:38
  Speaker 2: oil prices, private credit defaults, and US national debt. I
• 1:39:44
  Speaker 2: didn't realize private credit defaults were that much of a risk.
• 1:39:47
  Speaker 1: What do you think?
• 1:39:48
  Speaker 2: Yeah, I mean I mentioned that on one of my shows.
• 1:39:53
  Speaker 2: It seems to be contained. It doesn't seem to be widespread.
• 1:39:57
  Speaker 2: I haven't seen any reason to believe it's going to
• 1:39:59
  Speaker 2: be systemic in any kind of sense. So I'm watching it,
• 1:40:04
  Speaker 2: but I'm not overly concerned at this point. We'll see
• 1:40:07
  Speaker 2: if if this grows beyond the few firms that have
• 1:40:11
  Speaker 2: been that have seen trouble, and I think it mostly
• 1:40:16
  Speaker 2: can affect the investors in those firms.
• 1:40:20
  Speaker 1: All prices, yeah, but all prices are temporary. We know
• 1:40:23
  Speaker 1: the long term, or prices will be much.
• 1:40:25
  Speaker 2: Lower than they are right now. I'm not too worried
• 1:40:27
  Speaker 2: about oil in a medium to long term. Maybe in
• 1:40:31
  Speaker 2: the short run, but I don't invest for the short run.
• 1:40:33
  Speaker 2: And then US national dat is a huge risk in
• 1:40:37
  Speaker 2: the long run. And of course the other big risk
• 1:40:41
  Speaker 2: is which he didn't mention, is there, And I don't
• 1:40:46
  Speaker 2: know what answer to this is, is their over investment
• 1:40:48
  Speaker 2: in AI And is there in a sense a bubble
• 1:40:54
  Speaker 2: or overvaluation of AI stocks. Not to say, ay, it
• 1:40:59
  Speaker 2: is not going to change the world. It is, but
• 1:41:01
  Speaker 2: that doesn't mean the valuations are right. So because if
• 1:41:04
  Speaker 2: for some reason AI gets hit the rest of the market,
• 1:41:07
  Speaker 2: a lot of the market will get hit. So and
• 1:41:09
  Speaker 2: a lot of the market valuation right now is driven
• 1:41:12
  Speaker 2: by AI.
• 1:41:13
  Speaker 1: So I'd say.
• 1:41:14
  Speaker 2: Those are the biggest risk, overvaluation of AI in the
• 1:41:20
  Speaker 2: US national debt. Those are the two biggis multen splendor.
• 1:41:26
  Speaker 2: My doctor has concerns that going in GP one would
• 1:41:28
  Speaker 2: degrade muscle mass.
• 1:41:29
  Speaker 1: Have you heard this, Yes, absolutely, it really is a risk.
• 1:41:34
  Speaker 2: So when you go on JP one's and again I
• 1:41:36
  Speaker 2: am not a doctor, do not take medical advice from me.
• 1:41:41
  Speaker 1: Talk to your own physician. This is my.
• 1:41:45
  Speaker 2: General knowledge for whatever it's worth. If you go onto
• 1:41:50
  Speaker 2: GP one, beef up your protein intake and increase your
• 1:41:58
  Speaker 2: strength training. So the way to combat whatever impact gop
• 1:42:03
  Speaker 2: one have on muscle degradation is to counter it with
• 1:42:07
  Speaker 2: things that increase muscle growth, exercise and protein and maybe creatine.
• 1:42:15
  Speaker 2: I haven't tried creating yet, but creatane is recommended for
• 1:42:18
  Speaker 2: boosting muscle growth. So do the things that boost muscle growth.
• 1:42:23
  Speaker 2: To counter the fact that gop one, in causing your
• 1:42:27
  Speaker 2: weight to come down, will also cause some loss of muscle,
• 1:42:32
  Speaker 2: you have to counterat by doing by working harder on
• 1:42:36
  Speaker 2: building muscle. All right, let's see Liam, the ice officer
• 1:42:43
  Speaker 2: who shot the man in Minnesota as being arrested in
• 1:42:45
  Speaker 2: Texas other criminal justice system, and the American people turning
• 1:42:49
  Speaker 2: on Trump. It didn't take long. I mean, we'll see.
• 1:42:54
  Speaker 2: I don't know what he was arrested for in Texas.
• 1:42:56
  Speaker 2: Was he arrested for the Minnesota shooting or for something else.
• 1:43:00
  Speaker 2: Texas is a weird place to turn on Trump. But yeah,
• 1:43:05
  Speaker 2: I mean, all the polls are suggesting that they're making
• 1:43:08
  Speaker 2: people have turned on Trump. There's no question about that.
• 1:43:11
  Speaker 2: Ice is not popular. Nothing is Trump is doing as popular.
• 1:43:15
  Speaker 2: Tariff's are not popular, his dealing with economy is not popular,
• 1:43:20
  Speaker 2: his war is not popular.
• 1:43:21
  Speaker 1: Nothing's popular.
• 1:43:22
  Speaker 2: So yeah, it didn't take long because Trump has, particularly
• 1:43:25
  Speaker 2: in this second term, accelerated his agenda. It's really gone
• 1:43:30
  Speaker 2: all in on the agenda, and the agenda sucks. Why
• 1:43:35
  Speaker 2: you and Aari versus Indresen, He's the fining introspection to
• 1:43:38
  Speaker 2: mean naval gazing rationalism. You wanted him as a guest
• 1:43:41
  Speaker 2: before even knowing their microsoft to antwer just stuff. Is
• 1:43:45
  Speaker 2: this more about him blocking you? No, he's actually unblocked me.
• 1:43:50
  Speaker 2: He's unblocked me, So it's got nothing to do with that. No,
• 1:43:53
  Speaker 2: because that's not what he said. It's not about naval gazing.
• 1:43:56
  Speaker 2: He actually talks about psychologists and the in a sense,
• 1:44:01
  Speaker 2: the irrelevancy of psychology.
• 1:44:04
  Speaker 1: But he uses the word introspection. Learn how to use
• 1:44:07
  Speaker 1: the word introspection if you want to.
• 1:44:10
  Speaker 2: If you want to talk about naval gazing, then talk
• 1:44:12
  Speaker 2: about naval gazing. And silly, Aari is not affected by
• 1:44:15
  Speaker 2: the fact that he blocked me. Right, is independent of me.
• 1:44:18
  Speaker 2: I don't dictate what they talk about. But no, I
• 1:44:22
  Speaker 2: think he's fundamentally wrong. About introspection. I think a lot
• 1:44:26
  Speaker 2: of people like him very productive, move forward, push forward
• 1:44:32
  Speaker 2: kind of people, you know, anti this kind of thinking,
• 1:44:39
  Speaker 2: you know, introspective thinking.
• 1:44:41
  Speaker 1: I think it's a mistake. I think it's a mistake.
• 1:44:44
  Speaker 2: But to assume that's because he blocked that, I don't
• 1:44:47
  Speaker 2: he's I'm not blocked by andresen anymore.
• 1:44:50
  Speaker 1: For whatever that's worth, I somehow got unblocked.
• 1:44:56
  Speaker 2: Not to have a jolgorithm capitalism work or star of
• 1:44:59
  Speaker 2: communism work and starve.
• 1:45:01
  Speaker 1: That's good, Najavage. Algorithm. Is being calm under pressure superpower?
• 1:45:08
  Speaker 2: Well, it's certainly a good thing. Superpower assumes that it's
• 1:45:13
  Speaker 2: above and beyond what is human. I think it's a
• 1:45:15
  Speaker 2: very human achievement, and it should be. It should be.
• 1:45:21
  Speaker 1: Standard practice.
• 1:45:23
  Speaker 2: It's important to be calm because it's important to be
• 1:45:26
  Speaker 2: able to think, particularly under pressure. That's the time we're
• 1:45:30
  Speaker 2: thinking is most important. So it's certainly a power. I
• 1:45:33
  Speaker 2: don't think it's super in a sense of beyond what
• 1:45:37
  Speaker 2: humans can do. Gail, do you think most Americans are
• 1:45:41
  Speaker 2: afraid of growing influence of Islamism in America?
• 1:45:44
  Speaker 1: Iim Mamdani Candace Owans, I don't know. I don't think so.
• 1:45:49
  Speaker 2: I don't think it's a narrate of most Americans. And
• 1:45:52
  Speaker 2: I don't think Mamdani and Candace Owans really represent the
• 1:45:56
  Speaker 2: evil of Islamism ma'mdanni. I think it's much more of
• 1:45:59
  Speaker 2: a socialist Islamist.
• 1:46:01
  Speaker 1: He's just a leftist socialist who is.
• 1:46:04
  Speaker 2: Pro is anti Israel and h pro Islam, just as
• 1:46:09
  Speaker 2: the left has been. And Candice O, I don't know
• 1:46:12
  Speaker 2: what she is, but I think if you, if you,
• 1:46:15
  Speaker 2: I think people who are aware of some of what's
• 1:46:17
  Speaker 2: going on in Michigan, people who aware of some of
• 1:46:19
  Speaker 2: what's going on in Texas among in Muslim communities, are
• 1:46:23
  Speaker 2: worried about the influence of Islamism. But I don't think
• 1:46:27
  Speaker 2: there's a lot of awareness of it generally. I think
• 1:46:30
  Speaker 2: people just don't know, and if they do, don't seem
• 1:46:33
  Speaker 2: to really care that much.
• 1:46:37
  Speaker 1: Ellis, would you use the pronouns they them?
• 1:46:40
  Speaker 2: If someone asked you, I would refuse, since they refers
• 1:46:44
  Speaker 2: to a group of people, not a single person.
• 1:46:46
  Speaker 1: I just use their name.
• 1:46:47
  Speaker 2: I don't understand this photonot No, the bonine doesn't make
• 1:46:50
  Speaker 2: any sense, But that's not the point.
• 1:46:52
  Speaker 1: I guess the question would be what would be the
• 1:46:55
  Speaker 1: context for using it.
• 1:46:58
  Speaker 2: I don't think I've ever been asked use those pronouns,
• 1:47:02
  Speaker 2: so I don't know, but I can imagine out of politeness,
• 1:47:06
  Speaker 2: I might, or I might, as you say, skip around
• 1:47:09
  Speaker 2: it by just using their name.
• 1:47:13
  Speaker 1: I think just using it and it makes most sense.
• 1:47:15
  Speaker 2: But you know, I, depending on the context, I can
• 1:47:19
  Speaker 2: imagine out of politeness doing it if somebody was really
• 1:47:22
  Speaker 2: offended by it in some ridiculous way and there was
• 1:47:25
  Speaker 2: some reason for me to care. I only really know
• 1:47:30
  Speaker 2: one trance well, a man who you know, I guess
• 1:47:35
  Speaker 2: transition to female and I, you know, she uses she,
• 1:47:42
  Speaker 2: she doesn't use they, and I call a sheet because
• 1:47:46
  Speaker 2: that's how she presents herself. That's how she's that's how
• 1:47:51
  Speaker 2: she's in this world as a she. I have no
• 1:47:54
  Speaker 2: interest in crawling under the skirt and find out what's
• 1:47:58
  Speaker 2: going on in there, and I don't really care. This
• 1:48:01
  Speaker 2: is how she wants to be called. Fine, So that's
• 1:48:04
  Speaker 2: my attitude to somebody I know and have some respect for.
• 1:48:09
  Speaker 2: And I see no reason why I wouldn't do that.
• 1:48:16
  Speaker 2: But they I've never encountered that situation, so I wouldn't know.
• 1:48:20
  Speaker 2: And it very very much depends on context. All right,
• 1:48:27
  Speaker 2: Thank you guys, thanks to the super chatters, Thank you
• 1:48:31
  Speaker 2: to our panel. I will see you guys tomorrow for
• 1:48:35
  Speaker 2: my show with Nikos. We're talking about the Frankfurt School
• 1:48:38
  Speaker 2: and postmodernism. Don't miss it. It should be really really interesting.
• 1:48:43
  Speaker 2: I'm looking forward to it and uh yeah, I have
• 1:48:45
  Speaker 2: a great rest of your weekend. Thanks guys, bye everybody.
• 1:48:49
  Speaker 3: Thanks, thanks you Ron, Thanks Bte,