All right, what? Oh, we're doing this again. All right, listen, it's a two parter. You listen to the first part. Now this is the second part. Episode 76.5. If you will, this is our first ever two parter part two of our two parter. You already listened to part one of episode 76.

That's Elon and Twitter. Lots of details there. And now we're going to cover some more topics including the global food crisis, China's plan to stockpile a bunch of food geopolitics while around the horn French election, Germany, etc. And then we'll go into details about a little bit of the drama and details, pageanty parties, poker, all the good stuff of the all in summit coming soon.

Okay, enjoy the show. I'll see you on Monday. There's still a war raging but I wanted to get an update from free bird on the food crisis which he predicted very early for further fertilizer production. So I'm going to talk about that in a little bit. But before we get into that, I want to talk about the food crisis.

So I'm going to talk about the food crisis. So I'm going to talk about the food crisis. So I'm going to talk about the food crisis. So I'm going to talk about the food crisis. So I'm going to talk about the food crisis. So I'm going to talk about the food crisis.

So I'm going to talk about the food crisis. So I'm going to talk about the food crisis. So I'm going to talk about the food crisis. So I'm going to talk about the food crisis. So I'm going to talk Fertilizer prices are still climbing like crazy. There's been some food riding in China, which I think is a separate issue.

He'll educate us in a minute, Sri Lanka. So what is your theory of what we're gonna do from here Friedberg, because I think we're all waiting for this shoe to drop. And I think you predicted this is something that we would experience into the fall. And into next year.

So when, when are we going to actually see these food riots occurring? And then as China's food rights have anything to do with this? Or does that have to do with a Yeah, I would put the Chinese food riots as kind of a separate localized supply chain problem related to the lockdowns.

Got it. But we're definitely, you know, I think I mentioned last week, the USDA planting report showing in the US how acreage is being reduced on corn. And, and we're seeing this around the world where acres are coming out of production, or less fertilizers being used, which means less foods being made.

So everything that we predicted, I mean, this is a slow train a Titanic into the iceberg that we're watching right now. And it's going to continue for nine to 18 months. So, you know, one of the questions that people are now asking, which I said, you know, would become a really critical next step in this crisis, is how are we going to bridge the gap in calories?

Where's the food going to come from? And how are we going to feed nations that are almost entirely dependent on imports that are running out of food, or out of food. So I've mentioned this in the past, the whole world runs on a 90 day food supply, which means roughly 25% of the world's calories are in storage right now.

But that's not the case, uniformly. So some countries, like Tunisia and Somalia, Ethiopia, have close to zero calories in storage. Some countries, like the United States are roughly, you know, 30 40% of our, you know, annual consumed calories are sitting in storage. China is a complete outlier. For years, China has been stockpiling food.

And at this point, China has 150% of their annual consumption of food in storage. So they have supplies that if all food production and imports stopped in China, they would be able to feed their population for one and a half years. That's an incredible supply of food. So if you look around the world, to places like Sri Lanka, and places like Somalia that are struggling to figure out how are we going to bridge this gap on calories that's about to hit us Egypt's about four months of food, by the way, and Egypt is dwindling, they cannot get the food out of the Black Sea.

So China is going to be one of the very few potential solutions for bridging the calorie gap over the next year. And I have a strong prediction and a strong belief that because of that, China will use it to maximal leverage. And we will see over the next year, an incredible amount of leverage and power being accumulated by China, because of transactions that they're going to start to enter into to bridge the calorie gap around the world.

So in the Horn of Africa, for example, there's a very strong position in the United States, to try and get the food out of the country, and to try and get the food out of the country. And so that's a very strong prediction. And we're going to see a lot of progress in that direction.

And the next year, we're going to see a lot of progress in the United States, and we're going to see a lot of progress in the United States, which is going to be very, very important. But we're going to see a lot of progress in the United States as well.

And so we're going to see a lot of progress in the United States, but we're going to see a lot of progress in the United States, and we're going to see a lot of progress in the United States, and we'll see a lot of progress in the United States, and we're going to see a lot of progress in the United States, and we're going to gaining military presence, and establishing a more permanent foothold in the Horn of Africa, because of the position that they're in of strength with all these calories and the need in these regions.

And that's not just there, Sri Lanka, other parts of Southeast Asia, even Western Africa, Northern Africa, China is going to show up. And they're the only country that can show up the UN the World Food Program, they're gonna do everything they can to shuffle calories around, change food supplies.

But I do think that one of the things that everyone's going to be watching, and it's a slow roll, this isn't going to be some one big deal, and everyone wakes up over the next year, while the US is, you know, trying to do everything we can to maximally impose sanctions on Russia, China is slowly turning the crank around the world on the influence that they are going to gain, because of this food crisis, and the absolute, you know, surplus that they have locally and the ability to export that surplus to support needs around the world.

And it's not just not going to be free, it's not going to be cheap. So I thought it was worth highlighting what we're seeing. And I shared a couple of articles with you guys. And with Nick articles that no one is paying attention to. And this isn't some conspiratorial, oh, my God, there's some dangerous thing happening.

I'm just pointing out one of the things that's happening as we talk about, you know, the great change in power, the shift in power globally, that's happening. It is happening in a very significant way this year, given the surplus that China has the dirt that many countries have, and the inability for the US to really adequately respond to the food crisis that's emerging.

And so I thought it was worth bringing to everyone's attention. There's a lot of little articles that support this point. I shared them with you guys, you guys can put them in the show notes and, and put them up on YouTube and whatever. But I think this is going to become a macro trend that we're going to wake up to in six to nine months and be like, Whoa, what the heck happened?

You know, how did China get so much leverage around the world? And it's starting now. Zach, that's what happens with every war. You know, we all we go in hot, you know, we, you know, rah, rah, we're all gung ho. And then at some point in time, we're like, wait a second, why do we do that?

You know? And, you know, and look, there's no shortage of neocons and liberal interventionists are all saying this war is wonderful for us, because it's reunited the American alliance and the Western alliance. And that this has been this war is a good thing for us. Let's keep it going.

Let's bleed Russia. Let's topple Putin, let's stabilize the regime. They're in favor of a protracted conflict that I've been, you know, warning against. And what Freeburg is saying is the longer this conflict goes on, the more of these disastrous scenarios are going to materialize. What is your take on how crippled Putin is right now, David, just objectively?

And again, you're not a fan of Putin. You're responsible for the war. You've been clear about that. But he just lost a ship. Like, I mean, this does not look good for him. It feels like he can't, and he's losing all his tanks. I mean, this seems like a crazy outcome.

I don't know anything you don't know in terms of, you know, I'm just a consumer of information. But I tend to think that we are overly optimistic in the West. And look, the war has clearly gone very bad for Putin. But this idea that everything, that magically we're going to get regime change in Moscow, we're going to get Gorbachev 2.0, that that is an objective worth protracting this war for, I tend to think it's going to be a mistake.

I mean, that's... Now, it doesn't mean I support Russia's invasion. I've said it's illegal. It's a crime. It's a violation of international law. It's a humanitarian disaster. But what I've supported is a negotiated peace, a settlement that we try to get as quickly as possible. That is clearly not the administration's position on this.

They want to keep this thing going. And, you know, this idea that a long war is good for America's alliances, I would disagree with that. Because you're already seeing all over the world now. People are going to be going to the United States. People are starting to object to American policy.

You saw it with India. And India is the world's largest democracy. They should be on our side. They definitely should not be on China's side because they have a huge latent tension. But China and India are both de facto on Russia's side on this. Africa and large parts of Latin America...

Well, India would like to have oil. And they would like to have a good deal on oil. They would like to maintain their relationship with Russia. And they did not support the denunciation. They would like to see the end of Russia. They would like to see this conflict end.

Large parts of Africa would like to see it end. Latin America. Basically, all the victims, if there's a famine in the world in six months, like Friberg is saying, they are all very worried about this. All of them have expressed concern with the American policy, which seems to be to protract this war.

Okay. And Friberg, you have to go do your talk at Berkeley. Congratulations. And we'll see you next time. Thanks for the contribution. Chamath, any thoughts on the CPI? We set a record. That seemed to have gotten lost. In the haze of Twitter. I learned something really interesting that I just wanted to share with you guys.

So there was a big CPI print, obviously. But there was a report, probably not many people read it. But it was about home equity. And the takeaway was that since 2020, Americans have taken 430, I think the exact number is 427. $427 billion of home equity out of their homes.

And effectively spent it. So what it started to make me think about was if you look at all of that home equity, plus the stimmy checks, plus the unemployment insurance checks, that starts to explain, I think, why the labor markets are so tight and why people haven't gone back to work.

There is no motivation because there's just so much money sloshing around for them to basically not have to be forced to do any of this stuff that they don't want to anymore. And I think the thing to keep in mind is like, that's also why we're in this situation.

We're in this situation. I think it's like that's also what's gone into the stock market. It's also what's driven up the price of used cars, new cars, all of this stuff. I just think that kind of like starts to paint a picture of CPI that's really important, which is that it's probably a little bit more transitory than we may actually think.

Because when you exhaust all of that extra money that's in the system, there's not as much inflation to be had. People are now forecasting that inflation is really going to taper off. And the big warning sign that everybody is sort of marching towards is too many excessive rate hikes between now and the end of the year could actually push us into a real recession.

And we were talking about that before, but the probability is now sort of like one in three. Whereas before, I think David and I sounded a little bit crazy when we were talking about it. So I just wanted to put that out there as something I learned this week that I thought was really important.

Worth considering. The labor participation rate peaked at 67, 68%. But half a trillion dollars of home equity. And now it's 61. I mean, half a trillion dollars of actual spending in the economy. That's a ton of money to be absorbed. Right. If people have a couple of hundred grand in their bank account who own homes or whatever, there's no need to go back to a job.

And if you don't feel safe because you maybe still have some COVID fears, you don't want to commute or you're just out of the rhythm for two years, and you're like, I'm kind of enjoying skiing or whatever you're doing, whatever your jam is. Maybe there's no rush to get there.

There's no rush to get back. You'll wait until you exhaust all of that money. And then we're not, as we talked about, we're not letting people into the country at the same time. So you still have 10 million job openings. If that flips, that would be economic activity that would be helpful in fighting against a recession, correct?

I mean, I think that we're probably going to have a quarter or two contraction. It's probably going to happen at sort of at the late end of this year, beginning of next year. Just the real question is how high are rates between now and then? And again, I think the setup isn't very good, which is that the investors in the stock market are playing chicken with the Fed.

And they're just at the beginning of a rate cycle, and they haven't been able to impact any real forms of liquidity in the equity market. And so I think they're going to attack. That and the only blunt force instrument they have is rates. And so, you know, you could see rates at three, three and a half percent, and that's going to impact a lot of stuff.

And the problem is that, you know, it's going to be after the economy has slowed down because it's going to be after a lot of these, you know, fake savings, if you will, have been depleted. Yeah, well, we're seeing some pressure come off as well. The car shortage is kind of ending.

And wages have raised so that it seems like they're in a situation where they're going to have to do something about it. It seems like they're in this, you know, confluence of events. Certain things are starting to work themselves out. Are you bullish? Hey, can I tell you something else?

I was in Washington this week. The number of people that listen to our pod, it is incredible. It's interesting, yeah. Incredible. How many people in Washington care about our views on politics? It's incredible. Because I've heard that feedback too. Yeah. It's really, really, really special. We've stumbled into something pretty cool.

And the fact that it's like must-see. It's like must-see. It's must-listening. It's must-listen at this point. It's like a Sunday weekly show. You just get a different perspective from the tech sector and capital allocators that maybe you don't get on a, you know, meet the press or something. Yeah.

But just to follow up on that inflation point, the economic point, Jason, if I can. Yeah, please. So, look, the main reason inflation is going to go down in the second half of this year is because inflation is measured on a year-over-year basis. And you remember about a year ago is when inflation started.

Around this time last year, inflation was only 2.5%. Then it reached 5% by the summer. Then by the end of the year, it was almost 8%. So, as we sort of lap last year's inflation rate, we come up against, you know, you're comping against a 7.8% number last year.

So, I don't think inflation is going to get any better. We're probably looking at roughly a 12%, you know, official two-year inflation number. So, in other words, since Biden took over as president, you're looking at probably 12% to 13%. Of total inflation as measured by CPI. And that is why even though the headline number will come down later this year, I don't think the American people are going to feel any better about the situation.

You can almost predict that Jen Psaki or whoever replaces her at the podium at the White House briefing room, they're going to be touting these lower inflation numbers at the end of the year. But it doesn't mean price levels will have decreased. Prices will still be very high. When people go to the grocery store, they buy meat or bread or what have you.

It's going to be very expensive. And I don't think people are going to be feeling better off. And there's going to be a lot of negativity going into the November election for this administration. And also, I think it's going to impact consumption. I mean, if you're going to a gas station and you, I mean, I drove the minivan to LA and it's the only electric, it's the only non-electric car we have.

We happen to drive it because we had a number of people that was bigger than the X. And it was like shocking to buy $7 gasoline. And obviously, I can withstand that. I can withstand, you know, filling up. But I could see people saying, you know what, maybe I'm not going to make that incremental trip.

Or, you know, you start looking at some of the prices, you know, for taking a trip or flights. I don't know if you've looked at flights or hotels. Like things are starting to creep up that it's like super noticeable. And that's got to affect consumption. And then that would be what would be part of those negative two quarters, right, Chamath?

I mean, the role of people stopping consuming and just saying, you know what? It's too expensive right now. Just I'll stay at home and watch Netflix. Fuck it. You know, I'll cook pasta tonight. You see that happening already. Yeah, people are starting to balance the balance sheet. Just looking at the balance sheet and saying, you know what, what's a way I can, you know, cut some expensive items off the, you know, ride a bike.

They're going to take less travel because, you know, the cost of airline tickets have gone up because the cost of the jet fuel has gone up. It all ripples through the economy. But I think the thing is that when the Fed gets involved, they're going to be like, you know, we're going to have to do this.

If the Fed gets involved, though, they get involved in a brute force way. Let me make a prediction right now. If we're definitely headed into an economic slowdown, I don't know if it will meet the technical definition of recession, but very high. Two negative quarters of growth. Yes, exactly.

So, you know, very high chance, I think, of recession, like Chamath said, towards the end of the year. If this war is still going on and we get in a recession, look out below. I think this president will be in Jimmy Carter territory. He began the year at 38%.

That was in reasonably good conditions of peacetime. If you know, and I tweeted at the beginning of the year in January, I said that, you know, this is, you know, you're at 38%. That's what peace and prosperity will look out below if we get recession and war. That's what it's looking like right now.

So, you know, I think this is things are looking pretty, pretty dire, which is why I keep saying it. You know, the policy of this administration should be to try and find a settlement to the situation in Ukraine to this war. I know that we didn't start it. Putin started it.

Let's be clear. But if there's an off. If there's an off ramp here, we should be seizing it because we got real problems back home in America and the administration should be focused on our economy and our problems. Europe is going to be the canary in the coal mine on all of this because I think they feel this pretty severely.

And I think there's a lot of exhaustion amongst European governments and leaders when you start to listen to this rhetoric to kind of, you know, find a way to end what's going on over there. Yeah. I think that's the they're going to see a pretty meaningful recession. I think.

Yeah, absolutely. Much more, much more so than we will. Yeah. And if you look, if you look right now, what's happening in France, Marine Le Pen is surging. Unbelievable. Against Macron. I don't know if she's going to pull off the upset, but one of the major pillars. Well, actually, here's what she's running on.

She is saying that she has been focused on inflation and cost of living. And she says Macron has been distracted by being America's basically lapdog puppet, whatever, on Ukraine. And she's saying that she's been focused on inflation and cost of living. And she says Macron has been distracted by being America's basically lapdog puppet, whatever, on Ukraine.

upset but one of the major pillars well actually here's what she's running on she is saying that she has been focused on inflation and cost of living and she says Macron has been distracted by being America's basically lap dog puppet whatever on Ukraine so she's saying we need to focus on the French economy and she's also saying that we as France should set our own following policy and not be so differential to the U.S she says that this protracted War in Ukraine and all this hot rhetoric coming out of the Biden administration about war crimes and destabilizing Putin and toppling him and putting him on trial at the Hague that is not in French interests that's what the Americans want to do but it's not what we should be wanting to do we need to end this war and I'm not ready to say she's going to pull off the upset yet but she is clearly articulating that message because she is finding purchase with the French electorate based on that message and you're going to hear that if this war continues for three months and six months and Europe goes into recession you're going to start hearing politicians all over the European continent saying the same thing and questioning American leadership and why are they are dragging this thing out the the thing that's the scariest thing about the French election and I'm not sure how many Americans uh paid attention to it but just to maybe summarize in a very quick nutshell you actually had this really interesting dynamic of three candidates one was what would be considered far left uh Jean-Luc melancholy one and then one that was very centrist Emmanuel macro and what's crazy is both of these two were you know 22 plus percent of all of the votes it was just that le pen and Macron were one and two and so they go into a runoff election and you know manachan was very clear he was like under no circumstance should any of my supporters vote for le pen but it just shows you what's happening which is like France which is you know sort of coming undone under this populist fight um is probably uh a canary in the coal mine for how this stuff could play out in other places and it's kind of scary it'll be interesting to see what happens in Germany as well as they look at this enabling of they were able to hold the line they you know they still have a center-right government but you know in Austria for a while that wasn't the case in Hungary it's not really the case um so there's a lot of countries at least in the eastern block of of Europe where you've you've seen a tip in one direction or the other um it's not unreasonable to think of that in France it could tip in one direction or the other fortunately in the UK or unfortunately however you look at it it's still really a two-party system um for the most part I think so I don't know we're we're in a really uh precarious moment in world history I think yeah by the way I want to talk about one thing that I talked at the end of last year I talked about just a very random thing um about you know uh Visa and MasterCard and how you could short them um or you know like basically like the payment networks we're going to start to get you know dismantled this year it's really interesting to see I don't know if you guys have been really paying attention to all the activity that's been happening in payments over like the last literally 90 days I think has been really incredible up into you know just today you know Visa and MasterCard I think are doing the single dumbest thing they could do by being a duopoly which is raising prices especially into an inflationary moment which just lacks complete knowledge and sensitivity of the moment so damp economic activity but also creates the incentives for disruption sure right because then the gap between you and your next killer's competitor becomes more obvious and again in capitalism you compete away these advantages and I just think that uh the setup is becoming more and more obvious for the shift in payments I just think it's quite interesting so Dick Durbin actually today basically is going to create a big you know hubbub in the Senate around these increasing merchant fees which will eventually spill over to consumers there's some talk that you know uh I I what is it called Zelly uh is that how you pronounce it Zelly the the the the inner bank payment system people are talking about them converting that to becoming a more substantive payment system and then you know you know I think that's a really interesting thing in the payment system and then this week I was able to see a little bit under the hood of you know Solana pay and that's really exciting so it's all coming I think like uh it's like a swarm of activity uh to dismantle these payments businesses I just wanted to just give the 90-day update from our from our discussion in January all right everybody uh we will see you May 15th 16th and 17th in Miami for the first all-in summit now sold out no more tickets available there's a lot of wait lists but we're not going to be able to get to anybody on it sorry you can sign up and we'll make sure you know about next year if there is a next year this might be a one and done kind of situation three amazing parties Sunday night is a poker tournament for charity the top it's going to be a sit and go format if you win your sit and go you go into a sit and go bake off and then you get to sit at the final table with the four besties the winners are going to get to make a donation to the charity of their choice uh paid for by the besties and Sunday night's party will be the good fellas party Monday's gonna be the besties and then we're gonna have a little bit of a discussion it's going to be the Havana white party bring your linen sacks I know you got a whole closet full down there and then uh Tuesday nights are Miami vice party here are the mock-ups this is the first time I'm seeing it same time it's a little reveal there's a lot of work the copy I didn't write we're workshopping it it's just we we got a little uh what do they call that like a mood board it's a little bit of a mood board here's your uh wet your beaks party for Sunday night it's going to be a good fellas theme should be a lot of fun this is like it looks like good fellas it looks like good fellas we're going to keep working on it uh wet your beaks probably not gonna be the name of your party but that's Sunday night and then next up is our Havana white party despite all the you take uh you do such a good job with this I gotta thank you and then we're gonna have this social club I apologize but I think this is complete dog this one the first one supposed to be Buena Vista social club you're just a heathen you never saw that the first one is so good this is horrendous well I don't even know what is this picture of it's a it's a theme on the Buena Vista social club it's a it's not the right image but we're workshopping it like I said but yeah that's going to be a Havana white party everybody's going to wear linens on Monday night and it's that's going to be at a beautiful space name and that yeah like I said this is just a designer coming up with ideas and then of course we're going to have our Miami Vice we're going to rent a couple of um oh that I like Miami Ventures and so there we are and so that should be our at 420 Bitcoin Street your best 80s dress for Miami Ventures so it's gonna be three parties that is that's gonna be a lot of fun and then we're gonna have a little bit of a party because uh that's hot I think it's gonna be a three great parties you have to but everybody's gonna have to get three great outfits so linens are easy Monday night Jake your thighs look really big in this photo well this is fat J Cal this is not 167 J Cal this is 198 J Cal on your left leg you can't tell where your bottom part of the leg stops where you're sitting in a stool in that picture they got but yeah but it's like you have no knee it's just like one big shank like yeah well you know what it's when you're fat and you got fat suits you know everything's listen I'm looking at pictures of myself why didn't you guys fat shame me more that's the question I have you guys should have been just you you really look incredible and then yesterday when I saw you I was like holy this guy looks really fantastic look there's no knee there it's just no name it's like no name it's like big shank you know what when you're a fat guy you get fat suits you just try to you and now I'm having to rebut look at that fat face zoom out oh my God zoom out zoom out look terrible flat hair now looking nice no you look good I like fabulous let's go with this one let's go with this you look good yeah we're gonna redo mine I want all the photos done of Vin J Cal for the inspiration don't no double chin what are you doing you work for me yeah we need we need killing me where's my neck now I got a neck again I found my neck everybody there you have it folks so uh I'm sorry if you're watching this video and you're not subscribed to the channel please do subscribe to the channel and hit the bell so you don't miss any of the next videos and I'll see you in the next video did not get into the all-in Summit but we've got a great lineup of speakers and events planned no press because well we have the same distribution but we will the press will be able to see all the talks so all the talks will come out post event on the all-in feed so for the 10 days after the all-in feed you're going to get a show every day and who are confirmed speakers at this point oh my Lord so many good ones hold on let me pull it up here Keith raboy Palmer lucky is coming uh good that's confirmed that's awesome yeah we got that confirmed he's a big fan of saxy poo the new website's up by the way and it looks beautiful wow look at this so we have uh Ryan Peterson uh Nate Silver Brett Gerstner uh Claire uh Vickle who is amazing uh Mar Hershon Palmer lucky Keith raboy Joe Lon you got Antonio to want to speak tip herb Antonio is now coming out of a shell Antonio Garcia Martinez I mean these are uh Adina you should get um we should get some foreign policy folks too I mean well if you guys wanted to do any work you could help me out here I thought this was just a grift you were doing I didn't know it was serious now I'm now I may have to help yeah no you're going to be proud of this well here's the thing that I'm going to be most proud of is the format I have come up with a new concept of a format I came up with a theme question that people can choose to answer or not but the problem I want to solve and it could be the problem I most want to solve it could be the problem I want to see solved a problem I'm thinking about people will go up in most cases and give a 10 to 20 minute call it a Ted style talk a solo dolo talk where they kind of talk about what they're working on in their lives then they come and sit in a chair with two besties on either side and then the four of us engage them in a conversation while we're talking we're going to have maybe five slides that producers will put together of data points Etc so we all get educated we pull up the slide and then there'll be you know 600 people in the auditorium 100 people in the simulcast room we will take one of the slides and we'll put it in the chat one question from the audience or two questions if we have time with each segment and so you're going to get a lot of bestie action but stimulated by bestie guestie positions and I think this is really what folks want now if somebody doesn't want to give one let's say Palmer just wants to talk well we'll just talk with Palmer um and so there's going to be an option I told people you could your position paper your position statement could be five minutes it could be 20.

so I want to do something on uh natural resource scarcity and uh National Security so uh Jim latinsky the CEO of MP materials okay you just all you got to do is email me the person's email address or introduce me and we'll set it up so we'll we'll do something on like the supply chain of like rare Earths and lithium nickel coal and so and then here's my other idea so I I told everybody that the problem I'd like to solve there is energy independence for America perfect so then do I still need to email you now just email me but here's the thing we're doing I told everybody I just told you the yeah we have it Nick we'll take a note yeah um to remind you um to get the email address here's what's gonna happen okay so you don't need me to email you I mean we don't want to guess the email if you have it and you know them I mean I know you want to do the least amount of work but I need to get a producer's fee here I don't know you guys got to outvote freeburg putting that aside I'm letting my beak I'm fine with that too thank you then three because that's how all in media is working now it's just going to be votes well why don't you sign the LLC agreement did anybody sign it yet I was going to review it to see what poison pill freeburg put in there I'm not signing this till I have two lawyers look it freeburg's got a poison pill in there I don't know about you guys but I just signed any random docusign that ends up in my notes I just you know I want to get to speak you know here we go in the last 30 days yeah so I'd like to get I'd like to get Professor John Mearsheimer to speak he's uh that'd be great yeah he's a professor at the University of Chicago he's been there 40 years he's the leading he's a leading theorist you could say of the school of thought called realism uh in foreign policy and he has a track record of being right about all of America's foreign policy oh wait just the guy you shared the video with right yeah so he's the guy who talked about what do they call that the mono dual tri world nuclear multi-polar unipolar when yeah I mean he has a critique he has a critique of liberal interventionism which has been the dominant Fantastic foreign policy since the end of the Cold War it's what got us into Iraq Afghanistan Syria Libya he predicted all those things to be fiascos he also predicted that our policy of constructive engagement towards China would ultimately backfire and be a disaster and he has a very contrarian critique right now of our policy in Ukraine that's gone viral yes on Twitter and it's gotten like 10 million plus views he'd be an incredible person to to come speak well here's what's happened while we invite people you know we invite some people they don't know the show we knew other people and like oh my God I love the show I'm there what's going to be interesting is the next 30 days we're going to talk to each person about what they what topic they really want to you know double click on and then we're going to pair people so you might have Keith raboy and Antonio you know you might have Tim Urban and Joe Lonsdale or whatever and so hopefully we can find a little dynamic maybe people don't agree maybe they have you know opposite positions and then we're going to then have this great Socratic dialogue with everybody and I think it's going to be a very fast-paced type thing and then hopefully the speakers sit in the VIP area and then I'm going to have a runner there with a microphone or I might do it myself so you know I might have Keith raboy on in the morning in the afternoon he might want to chime in on Joe Lonsdale's talk I run up to him with a microphone Etc so we got probably we're going to do two hours in the morning three hours in the afternoon so it's 10 to 12 so you can sleep in or come for coffee if we stay late playing poker every night it's going to be a gentle wake up 12 to 2 is a nice lunch healthy three to five nice con I'm sorry two to five three hours of nice content then you get a little break you go to the parties at the end of the parties you never know a poker table or two might be pulled out and we play a little cash game who knows anything's possible so poker could be all three nights I don't know you know this depends on the degeneracy level but I think it's going to be a fun time I'm just asking nobody go ham on Sunday or Monday night please Tuesday night you want to have a little extra curricular you want to go a little late Davey Chamath that's fine but I want everybody in bed by midnight Sunday night no crazy all right so what are the dates this thing again okay it's Sunday Monday Tuesday Sunday Monday of what of what uh May 15 16 17.

okay oh my God oh my God what a show and you better fly some speakers out it's in a month it is yes that's why I'm busting my ass on this okay so uh Jake I'm going to introduce you to latinsky so we can uh slot and if anybody had uh we could use a couple more female speakers people of color I'm really trying to keep it diverse and have a lot of range of speakers a lot of David Stan said yes early you got the Joe Lonsdale she could Keith were boys they all like want to support David's team I could use a couple people maybe with opposing viewpoints so we're trying to keep it a little bit white at Barry Weiss may come we're trying to work on bar that's good yeah we should go can't make it I wanted to have Barry and Kara Swisher it doesn't seem like that oil and vinegar is going to happen can we uh yeah I'm going to go ahead and get some uh can we get Glenn Greenwald but that's right right right you're getting you're getting further further to the right what I would like to have is somebody Matt Taibbi that's another kind of right guy I would like to know your definitions are all off Jason these definitions don't mean anything anymore okay they're independent critical thinkers they're they're they originally came from the left they're not like huge fans of unbridled capitalism but they're more on the populist side anybody Saks I would appreciate it particularly Peter Teal who's the you're the one person who can deliver it since you guys are besties bring us Peter Teal the guy spoke at a goddamn all right give me a give me a list I'll invite Glenn I'll invite Taibbi I'll invite Peter oh great now we just lost half the audience we could have a protest outside I I actually this is the most interesting people exactly Peter Teal is the most interesting for sure I like Mike Taibbi actually I'll give you that here's the problem here's the problem here's the problem with getting the people on the other side is that the people on the other side again it's not right versus left anymore it's sort of populist versus elitist and you already know what all the elitists are going to say and they're too afraid to be on stage with people on the other side but I mean I think that you're associated with Peter Teal which is a little bit charged and triggering for certain people that's right yeah exactly that that's why they don't they don't believe in free speech they don't I mean people are like how could you be friends with David I'm like because we love each other and we're friends like we're besties and they're like well but you disagree with them I'm like it's it's contamination by association it's it's contamination by association I'm like because we love each other we're friends like we're besties and they're like well but you disagree with them I'm like it's it's contamination by association it's contamination by association well that's what they're basically that's I mean David that's what they're trying to do to me right now I'm getting the back Channel how could you do this with David Sachs and I'm like because he's my best friend that's why our pod is popular is we have four people who are friends who sometimes disagree with each other the reason you can't create the show and still anywhere else right I'm not giving up my friendship with David the reason you can't create the show anywhere else is because those people think they get contaminated if they even have a conversation with somebody on the other side of things but you don't get that on your side correct because we believe you and saying because we're intellectually confident we're intellectually confident we don't believe in shutting down the debate right we believe in free speech the other side they're authoritarian yeah because they can't defend anything they just cancel people they've lost the art of persuasion I think they've given up their position would be they've given up trying to reach you you just don't get it they've given up trying to reach you and I'm like don't give up put up a fight if you disagree with Sax's it's not about reaching me it's not about reaching me it's about reaching all of them yes all the people out there watching debate they don't want to engage the debate because they can't win the debate because they don't know how to persuade weekly look what I did all they gotta do is cancel people yes they're so used to cancel every week Sax and I own you half the time okay if he's good I think so January 6th we're gonna release the January 6 tapes that's all you got that's all you got you're like MSNBC that's all you got we'll let your winners ride Rain Man David Sacks and it said we open source it to the fans and they've just gone crazy with it love you best queen of Kinwa besties are gone that's my dog taking a driveway oh man my avatars will meet me I put we should all just get a room and just have one big huge orgy because they're all just useless it's like this like sexual tension but we just need to release them out what you're about to be what your your feet we need to get merchies are I'm doing all in I'm doing all in foreign