Trump's Tariff Gamble EXPLAINED with Chamath
1Description
YERRR BONUS EP - the guys needed to get a breakdown of what was going on in the financial world so they brought in Chamath Palihapitiya from the All-In Podcast to explain to us what's going on with the tariffs, the economy, Trump and much much more. INDULGE
00:00 Rant!
00:43 What are the tariffs?
5:32 Other countries use of tariffs
9:39 The United States is the truly global leader
14:09 Reliance on others + Tariff helping self-sufficiency
16:55 Was the formula haphazard?
18:28 What is a trade deficit?
21:26 Using other countries as loopholes
23:54 Can China step in and exploit? Trading NATO
29:33 Job creation through tariffs?
34:23 Being world's consumer + Political Cronyism
39:29 Understanding America's debt
49:36 Trump is truly MAGA + Tariff shocked the market
53:08 Stock Market slumping's impact + What is inflation?
1:01:21 America needs growth + Elon's record
1:06:18 What is the downside to tariffs? Trump willing to talk
1:13:58 Being prepared this time around
1:16:58 How Chamath uses his capital
1:20:12 Chamath doesn't own public stocks + Recession incoming?
1:23:36 Are Recessions Republican led?
1:25:44 Views on the outcome? Waiting this out
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