back to indexE31: Post-vaccination virtue signaling, pandemic lessons, immigration, Caitlyn Jenner for CA & more
Chapters
0:0 Bestie intro, Jason's trip recap
2:47 Sacks on hypocrisy and virtue signaling surrounding wearing masks post-vaccination, Biden's address
16:7 Pandemic lessons
30:2 Immigration, Americans self-selecting as hard workers, understanding two different types of immigration
48:4 How Darwinian free trade has negatively impacted the US middle class
60:44 Caitlyn Jenner for CA Governor, crime & homelessness
67:48 Big Tech earnings
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this is an incredible fashion disaster we have today david sacks is dressed like 00:00:05.040 |
where's waldo okay freeburg freeburg is dressed like 00:00:09.200 |
driving a uh subaru outback oh god unbelievable i mean this is ridiculous 00:00:29.840 |
hey everybody everybody it's another episode of the all in podcast episode 31 with us today from 00:00:42.720 |
well it's just rolled out of bed the queen of quinoa himself david friedberg is here let me 00:00:49.520 |
do my hopefully get that hair it's not going to help have you been studying the homeless problem 00:00:54.640 |
by by yourself going out on the streets or what what is happening 00:00:58.480 |
at the free park do we need to do an intervention all right i'm going to go change give me a minute 00:01:03.440 |
we have to keep the friedberg minutes up we have to keep the friedberg relation ratio up i had 00:01:11.440 |
somebody stop me in miami and say keep the friedberg ratio high also with us chiming in 00:01:17.840 |
is where's waldo himself the skipper david sacks the red man is here the skipper is here don't change 00:01:28.240 |
my nickname don't change my nickname i'm comfortable with rain man don't throw me off 00:01:32.320 |
yeah definitely definitely okay with rayman of course not the skipper not the skipper and 00:01:37.840 |
the dictator himself got a full night's sleep i hope this time 00:01:42.080 |
i did chamomile and of course i'm jay cal the baby seal here in miami look at the view how beautiful 00:01:51.840 |
it's been an incredible incredible week the tiger has been unleashed i went to austin 00:01:56.960 |
now i'm in miami jake cal you're more like you're more you're more like a pudgy hyena 00:02:02.320 |
i don't know you're not really a tiger the quarantine 15 big announcement 10 pounds are 00:02:11.360 |
gone five to go i'm lifting weights outside in miami it's been amazing field report i get to 00:02:18.320 |
austin i kid you not i got my mask on 10 people first of all 10 people say i love the all-in 00:02:25.280 |
podcast every like 15 feet walking in austin and in miami but somebody looks at me with my mask and 00:02:34.320 |
i kid you not and i he said are you vaccinated and i said yeah he's like why you're in a mask 00:02:43.440 |
and i realized it's time for independent critical thinking 00:02:46.720 |
sax i got to give it to you another great great tweet for me to copy and adapt to steal your deal 00:02:54.000 |
flow but i love this tweet that you had where you said early in the pandemic explain the tweet or 00:03:00.080 |
maybe read the tweet this is well which one i've been blasting about masks about one group of people 00:03:05.680 |
wouldn't wear masks oh yeah yeah well at the beginning that's right i mean the the the 00:03:11.040 |
dysfunction of our politics is that half the country wouldn't wear a mask at the beginning of 00:03:15.280 |
the pandemic and and now the other half of the country won't take them off at its end this is 00:03:20.560 |
the problem is that the mask has become um it's the equivalent of the red maga hat for team blue 00:03:28.400 |
this has become some sort of uh virtue signaling uh even when it's not necessary 00:03:34.720 |
but it's actually destructive because it's performatively sending the signal 00:03:40.400 |
to people that the vaccines don't work and we have a third of the country today is still 00:03:45.280 |
vaccine hesitant and this is not helping what we need to be sending the message to them is look get 00:03:50.400 |
vaccinated so life can get back to normal so you don't have to wear a mask and you know we still 00:03:55.120 |
have the cdc putting out this ridiculously conservative and timid guidance saying that well 00:04:01.040 |
if you get vaccinated you can take off your mass outdoors as long as you're not with too many 00:04:06.960 |
people well like what no i mean look once you get vaccinated you should need to wear a mask outdoors 00:04:13.520 |
or indoors and you know we had this sort of mini state of the union this past week with biden and it 00:04:20.240 |
was really like nobody was there no it was like an empty room because everyone because of social 00:04:25.520 |
distancing and they were all wearing masks even though you know every single one of them is 00:04:29.360 |
vaccinated and so i think biden really missed an opportunity in that speech yes he said that 00:04:34.160 |
everyone should get vaccinated but show not tell i mean you know he walks up to the microphone in 00:04:39.680 |
a mass saying that we should all get vaccinated well what is the mass for why don't you tell 00:04:44.080 |
people that if you get vaccinated you don't need a mask anymore and so you know that we have this sort 00:04:50.080 |
of contrast it's actually really it's it's really incredible because to your point he was trying to 00:04:54.080 |
make some very important points in that speech david and when the camera would actually pan from 00:04:59.440 |
behind him so instead of looking at him and kamala and nancy pelosi it would look there was nine 00:05:05.520 |
people and you thought another sold out crowd for no no no no no because because no no no because 00:05:12.880 |
typically when you give these sort of state of the union or you know these kind of like 100 day 00:05:19.920 |
because you have everybody in congress you have everybody in the senate you know you have you have 00:05:24.640 |
typically like a bunch of other officials you have the supreme court like in a state of the union 00:05:28.720 |
address and there was nobody and it felt really striking to watch that if trump's mistake was not 00:05:36.720 |
wearing a mask in april of 2020 i think biden's mistake is not taking it off in april of 2021. 00:05:43.440 |
why can't we get a political leader who is willing to put on mass at the right time and take him off 00:05:49.760 |
or do risk assessment just we need a political leader who's reasonably scientific and will 00:05:56.000 |
actually say here's the intersection of science and common sense that everybody can map to and and 00:06:01.920 |
copy me because it is to your point david you know the leader of the free world is given that title 00:06:07.440 |
for a reason it's not it's not complete completely ignore what i say i've been put in this position 00:06:13.200 |
because i am you know on some dimension expected to be the most thoughtful person in the room and 00:06:19.600 |
set the example for everybody let's just talk like the important consequence of this and i agree with 00:06:24.720 |
sax the important consequence of this however is the economic effect it has so for example in san 00:06:31.200 |
francisco restaurants are only allowed to be at a quarter capacity so there are restaurant owners 00:06:35.920 |
that want to get back to business that want to generate income again that want to get off of 00:06:39.760 |
the ppp loan program and all of the government support and they should be able to because most 00:06:45.760 |
people in san francisco at this point the vast majority in fact are vaccinated and they're 00:06:49.440 |
vaccinated and the restaurants for no scientific reason are shut down or limited to a quarter 00:06:56.640 |
capacity and this is the case across a lot of cities and a lot of states in the country right 00:07:00.800 |
now where the conservatism with respect to coming out of the um you know the major part of this kind 00:07:07.520 |
of pandemic is what's now keeping the economy or not just keeping the economy because we're fueling 00:07:12.800 |
the economy with stimulus but is keeping business owners and keeping people that want to participate 00:07:19.280 |
uh in building and running their businesses from getting back to work because we're so conservative 00:07:23.920 |
about this and you know what sax is totally right yeah like take the masks off let people go into 00:07:28.240 |
restaurants and let people go have dinner in san francisco let these places get back to work by the 00:07:32.480 |
way we have a we have an a b test that's actually nobody's talking about which is that the more 00:07:37.680 |
conservative version of america's posture right america's sort of like half we don't care and half 00:07:42.160 |
we care too much but in europe you could see a more you know homogeneous approach to the problem 00:07:49.120 |
printed a negative 0.6 gdp growth in europe so to your point with all the vaccines that are out 00:07:55.120 |
there with all of the logic and all of the science not being able to just take the mask off and get 00:08:00.000 |
back to life as normal was negative 0.6 gdp growth in a quarter where they also printed hundreds of 00:08:08.000 |
billions of dollars and now you come into the united states last year i don't know if you guys 00:08:12.400 |
remember this but every forecast i saw had gd from the smartest folks saying q1 gdp would be on a run 00:08:18.960 |
rate to be around 10 it would be one of the best in history it was only 1.6 so we're on a 6.4 gdp 00:08:26.240 |
growth run rate guys that's not 10 now it's still a lot but the point is we got to get back to life 00:08:33.360 |
as normal we have to show that these vaccines work we have to tell people that you can have a normal 00:08:37.440 |
life you should be going out spending money going back to the office live normally yeah and we should 00:08:44.000 |
we should just cover the data i mean we should i mean it'd be great to put up the latest cdc data on 00:08:48.800 |
the screen yeah if you use the cdc as a source for the data as opposed to listening to their 00:08:53.760 |
interpretations of it uh their policy interpretation it's actually pretty illuminating 00:08:58.640 |
so out of 87 million people who've been vaccinated there have only been 408 serious cases which would 00:09:05.920 |
be you count as hospitalization or death related to covet so those are odds of one in 213 000. 00:09:13.120 |
the odds of being hit by lightning are one in 180 000. so your odds of being struck 00:09:18.640 |
by lightning are greater than your risk of getting seriously sick 00:09:21.920 |
i need this in poker terms i think this sounds like hitting a royal flush twice 00:09:27.600 |
yeah exactly it's crazy how many royal flushes have we each hit i'll put it i'll put this article 00:09:33.600 |
up and you guys can share it in the um show notes is it technology review one yeah yeah and i think 00:09:38.720 |
it it does a good job of speaking to sax's statistic now uh yeah so i think uh sax i think 00:09:44.240 |
this represents the cdc data in the first paragraph uh in this article but it goes on to kind of speak 00:09:48.480 |
about the statistical likelihood of these events so you know basically uh you know it opens up by 00:09:54.320 |
saying you know as of april 20th 87 million people in the united states have been vaccinated and only 00:09:59.280 |
7 157 or 0.008 went on to become infected with sars cov2 um 330 of whom were hospitalized and 00:10:08.560 |
77 of whom died from the disease and i would guess that that of those people there is likely 00:10:13.360 |
some immune dysfunction which is a you know a a likely reason why it doesn't mean that 00:10:18.320 |
every individual has that risk it means that there are certain people out there that are going to 00:10:22.000 |
have immune dysfunction and won't react well to to won't develop the appropriate kind of protection 00:10:26.640 |
from the vaccine um and that's you know that small small small small small percent of people are the 00:10:31.360 |
are where we're kind of seeing you know um actual risk like that's where i get the 408 number is 00:10:37.040 |
it's the number of hospitalizations plus deaths minus the ones that they say in the footnote 00:10:41.440 |
were not related to covet right so there's some other like cause um so 408 out of 87 million and 00:10:48.160 |
by the way i think it's worth just highlighting you know just think about the rationale for why 00:10:52.240 |
there is conservatism here still right so um if there are still pockets where people have not been 00:10:58.000 |
vaccinated in the country and there are still areas where people are hesitant to get vaccinated 00:11:02.560 |
and there's a large unvaccinated population the official guidance the official kind of 00:11:07.680 |
reasoning i believe is that we need to be conservative to get all of those people to 00:11:11.760 |
behave in a conservative enough way to keep a you know a surge from occurring regionally um 00:11:18.000 |
uh around the country and the loss the downside is very negligible uh where people still have to 00:11:24.400 |
wear masks what i don't think that that calculus accounts for is that the loss is actually not 00:11:29.760 |
negligible the loss of telling people broadly to keep wearing masks is a hesitancy to go back to 00:11:34.720 |
work a hesitancy and a conservancy to engage in normal economic activity and so you know 00:11:39.920 |
i think that we're kind of missing that point in the kind of officiating of this uh 00:11:43.920 |
of this exit strategy here um and it's uh it's certainly uh 00:11:47.840 |
i i'm aligned with saxon as i certainly think it's uh it's biting us more than it's helping us 00:11:52.000 |
to give you an idea just like experience wise when i was in austin every restaurant is at 110 00:11:57.680 |
capacity the locals there were like i can't get a reservation for a week or two the town is packed 00:12:03.520 |
everybody in the country is going to austin and miami because they've just learned 00:12:08.240 |
that austin and miami have officially declared if you have the vaccine you can 00:12:12.960 |
go have your life but there is still a little bit of theater on the margins when you go 00:12:17.680 |
into a restaurant i went in to to get a meal and i didn't have my mask on i kid you not 110 capacity 00:12:24.240 |
100 people sitting at the bar 200 people at tables she hands me a mask and i said i'll have 00:12:29.520 |
one i put it on i said can i ask you a question and she the hostess says uh why should you wear 00:12:34.320 |
a mask when there's 300 people in here without a mask and the doors are closed i was like that's 00:12:37.600 |
the exact question she goes it makes no sense the governor wants no mess the mayor wants masks and 00:12:42.800 |
so they're having their own little version of the national conversation in austin which 00:12:47.520 |
is locally scared uh or at least the politicians are and then reasonable otherwise um so you 00:12:55.280 |
literally put your little mask on you walk 10 feet to your table and then take it off for the 00:12:59.840 |
rest of the time in miami it's a true story i go to miami i walk into i i you know it was 00:13:07.360 |
i haven't been out in 14 months so i decided i would check out a club and i went to a nightlife 00:13:12.720 |
club um and people were dancing and having a great time people were also popping bottles 00:13:17.360 |
and i was like oh my god it's over like and a nightlife club it was a nightlife club and no it 00:13:23.520 |
was not a yes anyway it was a legitimate club you know here in south beach um and so i took a little 00:13:30.320 |
insta and i share i fed the insta and immediately i got three comments from friends who were like 00:13:37.280 |
what are you doing in that club and i wrote back to all three i'm vaccinated and they were like okay 00:13:47.200 |
i'm not going to go to the nightlife club and i'm like oh my god we're going to go to the nightlife 00:13:51.040 |
club i was like is this not obvious but i think this was the point i made a few months ago which 00:13:55.520 |
is i do think that the the subconscious training the fear factor that's been kind of you know built 00:14:00.240 |
into us over the last year year and a half um it's going to take a while to kind of train our 00:14:05.680 |
way out of you know people aren't going to be that rational and that conscious about oh i've been 00:14:09.840 |
vaccinated people are basically the default is fear the what ifs the butts but oh my god people 00:14:15.040 |
are still getting covet even though they're vaccinated but there's there's variance but 00:14:17.040 |
they're still going to be the default and i think that's the reason why i think we're going to be the 00:14:21.360 |
default and i think that's the reason why i think that's the reason why i think we're going to be the 00:14:24.800 |
default and i think that's the reason why we're going to be the default and i think that's the 00:14:27.120 |
reason why we're going to be the default and i think that's the reason why we're going to be the 00:14:29.520 |
default and i think that's the reason why we're going to be the default and i think that's the 00:14:31.520 |
reason why we're going to be the default and i think that's the reason why we're going to be the 00:14:33.920 |
default and i think that's the reason why we're going to be the default and i think that's the 00:14:35.440 |
reason why we're going to be the default and i think that's the reason why we're going to be the 00:14:37.280 |
default and i think this this this is like what again i'll say that i said it like four times 00:14:40.800 |
default and i think this this this is like what again i'll say that i said it like four times 00:14:40.800 |
default and i think this this this is like what again i'll say that i said it like four times 00:14:40.800 |
before but this is what happened after 9 11 and it lasted for years and you know we still have 00:14:45.200 |
before but this is what happened after 9 11 and it lasted for years and you know we still have 00:14:45.200 |
before but this is what happened after 9 11 and it lasted for years and you know we still have 00:14:45.200 |
ridiculous tsa processes we need our leaders to take their masks off get tell everybody they're 00:14:50.720 |
ridiculous tsa processes we need our leaders to take their masks off get tell everybody they're 00:14:50.720 |
ridiculous tsa processes we need our leaders to take their masks off get tell everybody they're vaccinated 00:14:51.760 |
vaccinated take their masks off go back to normal life so 00:14:54.320 |
so that everybody else will feel that it's okay to, because even 00:14:57.080 |
if you're, even if you're, if you're not fearful, David, the 00:15:00.420 |
other thing that you are is just guilty. And, you know, right, 00:15:03.800 |
totally. And you got to, you got to get rid of that as well. And 00:15:06.420 |
the only way you'll do it is if highly visible people are now 00:15:11.260 |
Yeah, like the peer pressure element of it. It's like, I feel 00:15:13.400 |
bad, I feel bad going into a store when everyone else is 00:15:15.560 |
wearing a mask. And like, I'm crazy, crazy MSNBC moment. And 00:15:20.760 |
one of the hosts of one of their shows said, I've been fully 00:15:24.320 |
vaccinated, but I went running in Central Park. So I double 00:15:27.840 |
masked and I'm like, the virtue signaling was so insane. Like, 00:15:33.600 |
That's insane. This is the joy read thing. Yeah, I don't want 00:15:37.740 |
to see the person's name. Because then if you mentioned 00:15:40.020 |
who it is, then you might be attacking a person of color or a 00:15:45.240 |
well, now you're avoiding it, which makes you think that you 00:15:47.340 |
are so who is it? How am I supposed to say it without 00:15:54.300 |
It was the Trump derangement syndrome therapy was MSNBC. The 00:16:04.440 |
ratings go, I want to have a question for the three of you. 00:16:06.600 |
Knowing what we've seen here, between the logic of both sides 00:16:11.800 |
and the media and the insanity. What do you take away from the 00:16:16.140 |
year of the pandemic as it comes to a close in how you personally 00:16:22.980 |
yeah, I'll tell you, I feel like the American people are 00:16:26.460 |
constantly being propagandized. And there's almost like an 00:16:30.060 |
information war being perpetrated on the American people where we 00:16:33.120 |
cannot get the data, the facts and the truth. I think it's true 00:16:38.100 |
now in terms of people not taking off their masks, even 00:16:41.460 |
though we have the CDC data that basically shows the lightning 00:16:44.940 |
strike probability of getting COVID. But we saw at the very 00:16:48.000 |
beginning of the pandemic. Remember, I have all these 00:16:50.420 |
On Twitter, telling me every time I tweet about this, why don't 00:16:54.140 |
you just listen to the experts, right? They want me to shut off 00:16:56.300 |
my brain, and just do whatever the CDC says. And I'm like, well, 00:16:59.600 |
do you realize the CDC was against mass at the beginning of 00:17:03.080 |
the pandemic back in March of 2000. Last year, when I was 00:17:06.800 |
saying we need to wear masks, because looking at the success 00:17:09.560 |
of the Asian countries, and some of the data coming out of that. 00:17:12.620 |
The CDC was very, very slow in adopting mass, they were against 00:17:17.600 |
it, they were telling us we didn't need to do it. 00:17:19.280 |
And that was the historical CDC, like, right, they've been around 00:17:22.820 |
for a long time. And then also, Trump was anti mask. And so you 00:17:27.260 |
had Trump, Trump was slow to adopt mass too. And yeah, and 00:17:30.200 |
absolutely. And so yes, I mean, I've said that there's like a 00:17:32.600 |
Venn diagram of American politics, where that, you know, 00:17:36.500 |
that one circle is favored mass wearing one year ago, and then 00:17:40.880 |
wants to get rid of mass mandates today, the Venn diagram 00:17:44.240 |
of overlap between those two groups is very small. I'm in 00:17:46.820 |
that overlap. I feel like I'm in that like a very lonely part of 00:17:51.740 |
Yeah, Chamath, how has your thinking, you know, now that 00:17:56.960 |
we've had to process this event in our lifetime, that is 00:18:01.160 |
probably the most consequential, you know, moment? 00:18:04.280 |
Yeah, I have, I have, I thought about this a lot, Jason, you 00:18:08.180 |
asked a really important question. And I think everybody 00:18:11.900 |
should probably try to take five minutes, and actually write this 00:18:16.400 |
down. Because I think, I'll tell you what I learned, I learned, I 00:18:20.720 |
learned three things. The first thing I learned is intellectual. 00:18:24.320 |
And it's exactly the same thing that David Sacks said, it is 00:18:27.800 |
completely shocking to me how much disinformation there is, 00:18:31.760 |
and also how we are so prone to turning off our brains and not 00:18:37.820 |
thinking for ourselves. So it's really shocking. And I think 00:18:41.420 |
2020 was the year that that was laid bare, that the institutions 00:18:46.340 |
that feed you information can't really be trusted, that you 00:18:50.360 |
can't really trust the interpretation of actual simple 00:18:53.360 |
data, that nobody wants to think in first principles. So that's 00:18:56.400 |
the first one, we have stopped thinking for ourselves. And 00:18:59.240 |
that's a recipe for disaster. And so that's an intellectual 00:19:02.900 |
thing that I've realized, and I don't want to do it. And so I'll 00:19:05.740 |
think for myself, and I'll take the consequences. The second was 00:19:09.220 |
economic, which is, wow, we have really over rotated to this crazy 00:19:16.280 |
globalism that is going to get undone over the next 30 years. 00:19:20.240 |
And that's going to have a lot of implications. And it can be 00:19:23.060 |
done in a way that can rejuvenate the United States, 00:19:26.180 |
which I think can fix a lot of the stuff that was created. And 00:19:28.340 |
we should talk about that later today. And then the third is 00:19:32.040 |
physiological, which is if you didn't know before, I'm going to 00:19:35.360 |
tell you now, and it's this three letter word that we make 00:19:38.760 |
into a four letter word in America, which is the letters F 00:19:41.540 |
at, we have a fat epidemic in the United States. 00:19:46.160 |
And it's a very common disease. And it's a very common disease 00:19:50.120 |
that we have in the United States. And it's a very common 00:19:53.060 |
disease that we have in the United States. And it's a very 00:19:55.940 |
common disease that we have in the United States. And it's a 00:19:58.640 |
very common disease that we have in the United States. And it's 00:20:01.100 |
a very common disease that we have in the United States. And 00:20:03.140 |
it's a very common disease that we have in the United States. 00:20:05.660 |
And it's a very common disease that we have in the United States. 00:20:08.120 |
And it's a very common disease that we have in the United States. 00:20:10.160 |
And it's a very common disease that we have in the United States. 00:20:12.020 |
And it's a very common disease that we have in the United States. 00:20:14.120 |
And it's a very common disease that we have in the United States. 00:20:14.120 |
And it's a very common disease that we have in the United States. 00:20:14.120 |
by a combination of food, and a lack of movement, we are setting 00:20:19.360 |
them up to either die acutely of something like COVID, or 00:20:22.940 |
chronically by heart disease and diabetes. And that is was like 00:20:26.960 |
it is now so obvious and by the way, that's the other thing 00:20:30.140 |
where these healthy fit people were running around double 00:20:33.660 |
vaccine and or double masking in Central Park, and they don't 00:20:37.040 |
even know the basic data. Like even if you thought you were 00:20:40.340 |
going to go to the hospital, the 80% of all of those millions of 00:20:44.080 |
hospitalizations were from people that were obese, they had 00:20:47.680 |
physiologically completely taken their body to a place that it 00:20:52.480 |
wasn't able to fight. Right. So those are my three takeaways 00:20:59.740 |
insert one thing on that is because I agree with with 00:21:01.960 |
everything to Martha said is this this idea of laying bare, 00:21:05.380 |
that laying bare the the sort of corruption of these like 00:21:09.520 |
institutions that are supposed to be coming up with good 00:21:14.040 |
the effects of this virus. And it turns out they, you know, keep 00:21:16.980 |
giving us this foolish guidance. But there's also another 00:21:19.440 |
institution, I think that was laid bare, which are these 00:21:21.300 |
education unions, right, we had school closures for a year, the 00:21:26.160 |
learning loss and the isolation that kids are have experienced, 00:21:29.820 |
we don't even know what the results of this are going to be 00:21:32.100 |
this could be a generational consequence. And what we see 00:21:36.060 |
from the education unions, they didn't want to go back to 00:21:37.980 |
school, they fought it. You know, we had the whole Oakley 00:21:41.400 |
school board resign, because they just said, Well, they want 00:21:44.000 |
to go back to work to be babysitters for their kids. So we 00:21:46.340 |
could smoke pot. These are people who don't care about the 00:21:49.760 |
kids. And after this year, I don't know how anyone can be 00:21:53.720 |
against school choice or charter schools, or giving parents more 00:21:59.660 |
100% freeberg coming out of the pandemic, and looking at your own 00:22:05.840 |
psychology and your own life. What have you learned? And what 00:22:10.940 |
do you take forward in terms of lessons and how you're going to 00:22:15.200 |
I'll kind of flip it a little bit. One of the first 00:22:19.320 |
experiences I had with how broadly people could be 00:22:23.540 |
influenced in a way that doesn't have grounding or rooting in 00:22:27.880 |
facts and reality is when I sold my company to Monsanto in 2013. 00:22:32.000 |
And J Cal, I think you came with me on one of these trips that I 00:22:34.700 |
took. I visited my hotel with you. Yeah. And, you know, there 00:22:39.560 |
was an incredible bias by my team and by me personally, prior 00:22:43.920 |
to even engaging in conversations with Monsanto against that company 00:22:46.980 |
because they were deemed to be evil. And as I as I spent a lot of 00:22:49.860 |
time personally kind of digging into the facts and the history 00:22:52.660 |
of the business and kind of how we got here, it was surprising 00:22:55.200 |
to me like how much of the bias against Monsanto was not rooted 00:22:58.600 |
in fact, and was in fact, you know, a series of claims that 00:23:03.840 |
then became truth and reality because of the perception. And 00:23:07.740 |
it just became it, things got stuck that way. GMOs are bad, 00:23:10.900 |
GMOs are evil, that the science of how they work, what they do, 00:23:13.900 |
why they're useful, was never contemplated, never became part 00:23:17.020 |
of the dialogue, it was just this assumed fact that this is an 00:23:20.080 |
evil company that this stuff is bad. And, you know, this is a 00:23:24.160 |
long, long topic, we could talk about this, I'm sure for an 00:23:26.260 |
entire hour and a half about the science and technology behind 00:23:29.240 |
GMOs, and how we make food and all that sort of stuff. And I'm 00:23:31.360 |
happy to do that another time. But like, for me, I was just so 00:23:34.480 |
surprised when I engaged with thoughtful friends of mine who 00:23:37.000 |
are scientists, even, and they had this bias. And then when you 00:23:40.360 |
engage them in a dialogue about like, why, where does that come 00:23:43.880 |
What's the, what's the, what's the, what's the root of the 00:23:45.860 |
problem? And it just wasn't there. And I got and I 00:23:48.860 |
mentioned this to you guys, when I was an executive at the 00:23:50.780 |
management team in Monsanto, we had a WHO ruling, where a guy got 00:23:55.280 |
himself elected to the IARC, the this is the cancer research 00:23:59.780 |
group within WHO. He was this liberal guy, who was very anti 00:24:05.060 |
technology who got himself elected to the IARC board, and 00:24:08.300 |
got a ruling made that Roundup is a possible carcinogen. And 00:24:13.860 |
that's the sort of thing that I'm going to be talking about in a 00:24:15.600 |
little bit. But I think that's, that's a very important part of 00:24:17.460 |
the whole thing. And I think that's what I've been talking about, 00:24:18.700 |
and I think that's the whole point of the whole thing, is to be 00:24:20.620 |
honest, that the truth is the truth, and that's the truth. And 00:24:22.740 |
I think that's the whole point of the whole thing. And I think 00:24:24.000 |
that's the whole point of the whole thing. And I think that's 00:24:24.720 |
the whole point of the whole thing. And I think that's the 00:24:25.260 |
whole point of the whole thing. And I think that's the whole point. 00:24:25.320 |
And I think that's the whole point. And I think that's the whole point. 00:24:25.380 |
And it's incredible, the implications it's had. And so I've 00:24:28.380 |
always, you know, for several years now, I've had this kind of 00:24:30.820 |
belief that like people can be led to believe things that 00:24:34.140 |
aren't necessarily rooted in objective truth, or in fact, or 00:24:37.660 |
have empirical evidence to behind them. And this is this, 00:24:40.240 |
this goes back to the origins of religion and monarchies and like 00:24:43.120 |
you know, these myths and these, these, these, these tales we 00:24:46.080 |
tell ourselves, where we all end up believing something, and 00:24:48.940 |
there's some influencing factor that that drives that. I think 00:24:52.000 |
this has just been an incredible manifestation of that the the 00:24:55.480 |
misinformation on both sides, from the beginning to the end of 00:25:00.800 |
extraordinary to watch, I don't think you change it, I think 00:25:03.100 |
social networks amplify it. You know, I think that the the rate 00:25:06.920 |
at which information or misinformation flows back and 00:25:09.260 |
forth is making it easier and quicker to kind of adopt this, 00:25:12.300 |
you know, systemic inaccurate belief system that people might 00:25:14.860 |
adopt. And so, you know, it's, it's a big question mark for me, 00:25:18.700 |
I don't know, you know, how we as a people kind of move forward 00:25:21.680 |
with like objective fact based decision making and belief 00:25:25.060 |
systems. And I don't know if we ever will. But well, yeah, it's 00:25:31.140 |
I haven't given it a lot of thought. I really like all of 00:25:34.560 |
your answers, because mine is very similar. Number one, I feel 00:25:38.100 |
like I was always an independent critical thinker in my life. And 00:25:41.580 |
that I think I kind of started to pick sides because of Trump 00:25:45.460 |
that like, I just found him so offensive. And I realized, I 00:25:48.840 |
have to go back to being just an independent critical thinker, I 00:25:51.120 |
affiliate with no party, I assume all news stories are fake 00:25:53.840 |
news. I assume all data is being manipulated. I assume everybody's 00:25:56.880 |
got an agenda. I believe everybody's virtue signaling now, 00:26:00.760 |
I'm making the decisions for myself. And I in the one of the 00:26:04.780 |
things dovetails exactly what you said Chamath, which is, this 00:26:08.080 |
was a disease of a of, you know, old people, and fat people, 00:26:12.640 |
obese people, of which I have been one for far too long. And 00:26:16.360 |
this is my commitment is just I got to take my health 100% 00:26:19.720 |
seriously. Now that I'm 50 years old, I got a trainer, I got a 00:26:22.540 |
masseuse. I'm working out and doing weights. I'm doing 00:26:25.300 |
everything. I changed my diet. I'm taking supplements, the 00:26:30.740 |
I'm getting a doctor after that episode, we did Chamath, I'm 00:26:33.200 |
getting that body scan for four fucking grand, or whatever it 00:26:37.880 |
Are you saying a masseuse is gonna help you lose weight? 00:26:43.460 |
No, I just realized I don't stretch. I don't stretch and my 00:26:50.300 |
shoulders were getting very tight and being on the computer 00:26:53.120 |
what a man of the people. What a man of the people. 00:27:00.380 |
I got a person. I got $4,000 money on making myself healthy. 00:27:06.800 |
The third thing, and this is heartfelt and sincere, is that 00:27:11.440 |
friendship and our loved ones are really with along with 00:27:17.240 |
health is so important. And I am cherishing every moment, every 00:27:21.800 |
experience with every friend knowing that the world can shut 00:27:26.240 |
down and whatever. And we have to take advantage of every 00:27:29.520 |
moment. And that that's what I'm trying to do. I'm trying to do 00:27:30.360 |
me is that the takeaways the can just to build on something. I'm really proud of what you're 00:27:35.000 |
trying to do. Jason for your health. When I remember I you know, you know how we you all 00:27:42.200 |
have these high grade school pictures? Yep. Right. Like you go to like picture day or whatever. 00:27:46.840 |
Yeah. And there was this crazy contrast that I had in my grade school pictures, there was like, 00:27:51.960 |
two of them when I was in Sri Lanka. So I was like, you know, five and six. And then great, 00:27:57.720 |
you know, then I was seven or eight. And then all of a sudden this crazy Hey, what's up Antonio? 00:28:12.840 |
don't even know who he is. Don't worry. He's like one of the most powerful guys in 00:28:22.360 |
our industry. What I was gonna say is like, by like, 00:28:27.080 |
I think when I was like nine or 10. I had gotten really fat. 00:28:30.600 |
Really? Because, because when we moved to Canada, it was a very different food supply. And then 00:28:38.600 |
economically, we were in a different place. We ate what we could afford. And I put on a lot of weight. 00:28:44.280 |
And that weight carried with me until college. And then after college, and that's when I said, 00:28:49.240 |
I got to get in shape exactly for the same reason Jason because like my dad was getting dialyzed. 00:28:52.920 |
He was constantly, you know, dealing with these health issues. And I said, I don't deal with this. 00:28:56.600 |
But that's a rare thing that happens. If you think about the number of people that are 00:29:01.000 |
put in this predicament of like, not even forget you, you're able to get a trainer or whatever. 00:29:06.120 |
But there are a ton of people that can only eat what they can afford. 00:29:10.120 |
Right. And the reality is, it is just meaningfully cheaper to eat at McDonald's, 00:29:14.680 |
than it is to go to Whole Foods and be able to buy organic food. And so it's just not even on 00:29:19.400 |
the agenda for people. So this is what I mean by you, we have to be able to say that it's not that 00:29:26.920 |
That there are these systemic imbalances that make people sick. You know what I mean? 00:29:31.160 |
Education and health. These are the things that we need to work on in America. 00:29:36.440 |
Like Sachs, you said it, was it last week, Sachs, you said, you know, the, I think this is a great 00:29:41.800 |
bargain that could happen in America with all this polarization. If even a Republican conservative, 00:29:47.320 |
like Sachs can say, everybody should get a great education, and everybody should be healthy. Right? 00:29:52.680 |
And Sachs isn't a socialist, but this, this isn't, this isn't a socialist. This isn't a socialist. 00:29:53.320 |
Right. And Sachs isn't a socialist, but this, this isn't a socialist. 00:29:53.400 |
Right. And Sachs isn't a socialist, but this, this isn't a socialist. 00:29:53.400 |
Right. And Sachs isn't a socialist, but this, this isn't a socialist. 00:29:53.400 |
And Sachs isn't a socialist, but this, this is important. And it's so easy to just get a happy 00:29:59.240 |
meal, then to eat a salad, you know, or whatever. I was in Washington, DC this week. And 00:30:05.160 |
I met with this organization, which anybody who is interested in this should check out called 00:30:12.520 |
Third Way. And what Third Way is, is a centrist organization, right? So they largely work with 00:30:19.320 |
Dems to try to pull them here. And I think the 00:30:23.160 |
Republican version is called the Niskanen, I guess, center. But the idea is I sat with these 00:30:28.600 |
guys, and I was like, just teach me something. And they taught me the most incredible thing. 00:30:32.920 |
You guys know who Pew is? Pew goes out and does all these surveys. 00:30:35.320 |
The Pew Research Center. They've been doing it for decades. They're the most respected, 00:30:39.400 |
Pew does this incredible thing where they go to like a whole bunch of countries in the world. 00:30:44.440 |
And they ask this basically very simple question. I'm going to ask you guys what you think the 00:30:49.080 |
answer is. On a zero to 10 scale, you're going to be able to do a lot of things. You're going to be 00:30:53.140 |
able to do a lot of things. And I think that's where the problem is. And I think that's where the 00:30:54.120 |
problem is. And I think that's where the problem is. And I think that's where the problem is. And I think 00:30:54.560 |
that's where the problem is. And I think that's where the problem is. And I think that's where the problem is. 00:30:54.960 |
I think that's where the problem is. I think that's where the problem is. And I think that's where the problem is. 00:30:56.920 |
What do you think Americans think to the following question? How important is hard work to get 00:31:03.000 |
ahead in life? Meaning, right, so it's a proxy for how Americans think about hard work. How 00:31:08.800 |
important is hard work to get ahead in life? Friedberg, what percentage of Americans do you 00:31:15.560 |
think that say that hard work is important to get ahead in life? And I'll give you a couple of data 00:31:20.680 |
points in 80%. Yeah. But the setup is Indonesia, 28% India, 38% Germany. 50% Go ahead. What do you 00:31:31.740 |
think the answer is? Well, it should be 100%. But what do I think it is in the US? I'm hoping it's 00:31:39.500 |
above 60. I agree with you, Sacks, 100% is the right answer. And I believe Americans don't 00:31:46.940 |
believe it. I'm gonna put Americans at 35%. Because we've seen so many people do that. 00:31:50.660 |
And I think it's the same thing with the US. And I think it's the same thing with the US. And I think 00:31:52.840 |
it's the same thing with the US. And I think it's the same thing with the US. And I think it's the 00:31:53.700 |
same thing with the US. And I think it's the same thing with the US. And I think it's the same thing 00:31:54.560 |
with the US. And I think it's the same thing with the US. And I think it's the same thing with the 00:31:55.040 |
US. And I think it's the same thing with the US. And I think it's the same thing with the US. Or just 00:31:55.840 |
people think the system is rigged, or the victim culture where people tell everybody don't bother 00:31:58.400 |
trying because it's rigged, and you just it's the argument sorry, I'll let you give us the answer in 00:32:03.020 |
a second. But I think the argument is that like entrepreneurism fuels these moments of extraordinary 00:32:07.520 |
success, but the perception creates the opposite effect, which is someone can get rich very quickly. 00:32:13.220 |
And therefore, there's this luck factor or this unfairness factor that is, you know, that is 00:32:18.000 |
inherent in the system, right. And so what while it does enable hard work to drive, you know, 00:32:23.780 |
tremendous outcomes, the perception is that holy crap, in three years, you know, Kylie Jenner went 00:32:30.200 |
on Instagram and became a billionaire or whatever, right. And people get really kind of blown away by 00:32:37.500 |
makes it such that other people can't that it's zero sum when in fact, a company, what's your 00:32:44.040 |
what's your number for America? 80%? The number is 73%. And we are the third highest ranking country 00:32:51.680 |
in the service. Great. So it's amazing. Now, if you if you ask then Americans, who better represents 00:32:59.160 |
the interests of hardworking people? Among Republicans and Democrats, the overwhelming 00:33:07.480 |
which is really interesting. Democrats even in exit polling basically voted for Biden, because they just really found Trump distasteful. And a lot of the people that, you know, basically said, you know, he's an ass. And so they voted him out. But it was not because they believed that Democrats could do the job of actually reinforcing the values of hard work. And this goes back to 00:33:28.600 |
they don't want handouts. People don't want handouts. People, people, people want a fair shot. They want an even starting line. They don't want an even finishing line. 00:33:37.460 |
No one wants paternalism. And everyone wants opportunity. You know, but you take what you're given when it's available to you. No one says no, you know, I spent a lot of time with farmers in the Midwest in the United States, very diehard conservative generally, right. And, and farmers benefit greatly from significant government, federal government support programs, primarily a crop insurance program and some commodity price support programs. But But they are very anti government. And there's this tremendous 00:34:07.440 |
irony there, right? Because they don't want to hand out, they 00:34:09.840 |
want to kind of be left alone, they want to be able to run 00:34:11.960 |
their business, they want and I'm generalizing, right, but I'm 00:34:14.400 |
just speaking broadly to kind of the theme of things I hear when 00:34:17.280 |
I when I meet with farmers. But when the crop insurance program 00:34:20.880 |
shows up, and direct support payments show up, you're like, 00:34:22.920 |
okay, I'll take the check. You know, and so it's hard to say 00:34:26.700 |
no. But I think the motivation for everyone is universally the 00:34:30.100 |
same, which is right, I want to have the opportunity to be 00:34:33.480 |
Are we creating policies that reinforce this? And are we 00:34:37.220 |
creating the condition that makes people feel less like a 00:34:39.960 |
victim, less looking for handouts and let's reduce I have 00:34:43.340 |
a concern about the stimulus checks. I do think it was a 00:34:46.640 |
smart thing to do to get us out of this. But do you guys wonder 00:34:50.660 |
if this generation which is not going back to work, we have a 00:34:53.360 |
shortage of Uber drivers, we have a shortage of bartenders, 00:34:57.100 |
waiters, everybody was a lot of people are just choosing not to 00:35:02.240 |
America is a place where you come to, because you want 00:35:07.000 |
to grind, you want to find your own little engine room. And you 00:35:11.800 |
want to be in there and you want to put in the hours and the 00:35:14.740 |
people that it attracts from around the world. Speak to that, 00:35:18.100 |
you know, the way that you can explain, you know, why Indonesia 00:35:21.440 |
and India are so far to the left on that same question is because 00:35:25.240 |
it's an extremely homogeneous population with zero immigration 00:35:28.120 |
or immigration. Yeah, I actually think the reason why America so 00:35:31.880 |
far to the right is it itself selects not by you know, some 00:35:40.020 |
It's motivation. Yeah. And it's like, if you're motivated to 00:35:42.560 |
crush you come to the United States. Yeah, we've all we're 00:35:46.160 |
all what are we like, you know, one generation away except Jason 00:35:52.440 |
We're all generation except for Jason, right? We all moved here 00:36:00.500 |
I think that's why I'm the least successful of the group. 00:36:03.740 |
Yeah, you're the you're the lazy, complacent American. 00:36:09.000 |
Hey, listen, you're the Daniel Day-Lewis character in gangs in New York. 00:36:17.360 |
You sit at the boat, you throw eggs at everyone. 00:36:24.400 |
And when they immigrated to Ireland, the five points. 00:36:39.380 |
I dropped 10 on my quarantine 15 and I gave it to Saks. 00:36:47.220 |
In a weird way, I got to give J-Cal as much credit for where he came from as Chamath. 00:36:53.860 |
Because I don't know, those parts of Brooklyn are maybe as tough as Sri Lanka. 00:37:04.260 |
You're going to get jumped always wrong with the pasta. 00:37:06.120 |
By the way, you know, on immigration, I don't know if you guys saw this. 00:37:09.400 |
You know, George W. Bush paints now and he paints immigrants. 00:37:17.320 |
I should have brought it to the podcast today, but it's a great book. 00:37:20.840 |
No, but he actually has some writings in there that talks about the power of immigration 00:37:25.000 |
and how immigration is so core to the success of the United States, just to our point. 00:37:28.520 |
So, this conversation made me think of the book that I just bought this week. 00:37:37.120 |
Really captures the personality of immigrants in his work. 00:37:40.080 |
I think the thing is like everybody wants to come here to work hard. 00:37:45.880 |
Everybody that's here is willing to work hard, right? 00:37:50.720 |
And then the question is, can government create policies that allow us to do that and actually 00:37:55.440 |
just create a safety net to catch us if we fall? 00:38:00.800 |
So, there are parts of Biden's bill that I think made a ton of sense, like, you know, making 00:38:05.680 |
You know, you can't just go and start a new college. 00:38:06.960 |
That's a really disruptive idea because it'll put a ton of pressure on for-profit colleges, 00:38:11.380 |
right, to like get their act together or not. 00:38:15.620 |
The child tax credit so that you can actually have subsidized, you know, child care for your 00:38:22.300 |
But then where you kind of go astray is then when you start to figure out, you know, the 00:38:29.180 |
Again, we talked about this last time, but, you know, I just think that that's where you 00:38:32.820 |
can kind of demotivate people to not then put in the hours. 00:38:35.820 |
I think this is a good segue also into immigration through our southern border and this incredibly 00:38:41.880 |
polarizing issue and how the media is polarizing it, how the parties are polarizing it. 00:38:47.320 |
Just to ask a question to see if we even understand the data, how many people do you think are 00:38:52.320 |
illegal immigrants in the United States right now? 00:39:00.840 |
I'll take a slight under to come up, but about that. 00:39:04.600 |
The last number I heard was like 12 million, but that was a few years ago. 00:39:09.360 |
Now, how many people are apprehended at the southern border a year since 2010 every year? 00:39:22.600 |
So, we literally are tearing the country apart. 00:39:25.600 |
And I know that because I watched the movie Sicario and I'm estimating based on the scene 00:39:30.160 |
where they round everyone up at the border and took them away. 00:39:38.880 |
Just bring a Xanax because you might have a panic attack. 00:39:41.760 |
My favorite modern director, Denis Villeneuve, he's unbelievable, but we digress. 00:39:47.380 |
That scene when they're racing the cars into the border crossing border checkpoint. 00:39:55.880 |
So, if you guys are into sci-fi, that guy directed The Arrival, which is one of my favorite films. 00:40:02.660 |
So, literally, the country's being torn apart. 00:40:05.660 |
A country of 330 million over 3 million would be 1%, 0.1% coming into the border. 00:40:12.660 |
And we just said, immigration is just all these amazing people coming here to who want 00:40:20.160 |
Why are we tearing the country up over this issue? 00:40:26.160 |
Well, I think, Jason, I think your point of view on immigration really depends on where 00:40:31.940 |
So, I think for all of us who are in Silicon Valley, we know that something like half of 00:40:42.160 |
So, we've seen like PayPal, I think there were like three or four immigrants on the 01:09:15.720 |
And here's where their definition of a monopoly, which is brittle, it doesn't account for 20, 01:09:20.480 |
you know, 2021 tech companies does come into play, because now you can see that they're 01:09:25.480 |
that they're winding up their pricing power if they can raise prices. 01:09:29.660 |
Number one, the second thing that I'll say is the Apple Facebook thing is a very important 01:09:37.820 |
Because it's not as if the five of them can actually work together. 01:09:45.620 |
new update to iOS, you know, what those dialogues will essentially do, in my opinion, if I had 01:09:55.380 |
So Facebook and Google will have fewer ads that they can actually run in a targeted way. 01:10:01.280 |
And so the only way that they can keep them growing revenue with fewer impressions is 01:10:07.600 |
And then the last thing I'll say is, you know, this complicated dynamic between Apple, Facebook 01:10:12.260 |
and Google is that Google still pays Apple almost $7. 01:10:15.520 |
$80 billion for search, whereas Facebook pays them nothing. 01:10:19.620 |
So if you put all these things in a box, I think you're going to see the beginning of 01:10:22.980 |
the end, this is where now, you can see the end game come into focus, which is wedding. 01:10:27.760 |
Well, you don't need necessarily new laws and section 230. 01:10:31.600 |
Although we'll have that you now see Fang M moving into the line of sight of the traditional 01:10:37.920 |
antitrust framework, because now they can use very traditional, you know, anti competitive 01:10:46.720 |
Okay, I've not disagreed with Chamath this strongly since we've done the podcast. 01:10:51.340 |
The reason I strongly disagree is because this is not inventory that is being sold at 01:10:55.920 |
a fixed price where the price is set by the company. 01:11:00.560 |
Facebook and Google in particular, run an auction model, they are a marketplace business, 01:11:06.020 |
they have advertisers who show up, and they bid on ads, which is the inventory that they're 01:11:11.340 |
able to get based on the data that they're able to match to that particular product. 01:11:15.280 |
And then they can then sell it to the market. 01:11:16.280 |
And then they can then sell it to the market. 01:11:17.280 |
And then they can then sell it to the market. 01:11:18.280 |
And then they can then sell it to the market. 01:11:19.280 |
And then they can then sell it to the market. 01:11:20.280 |
And then they can then sell it to the market. 01:11:21.280 |
And then they can then sell it to the market. 01:11:22.280 |
And then they can then sell it to the market. 01:11:23.280 |
And then they can then sell it to the market. 01:11:24.280 |
And then they can then sell it to the market. 01:11:25.280 |
And then they can then sell it to the market. 01:11:26.280 |
And then they can then sell it to the market. 01:11:27.280 |
And then they can then sell it to the market. 01:11:28.280 |
And then they can then sell it to the market. 01:11:29.280 |
And then they can then sell it to the market. 01:11:30.280 |
And then they can then sell it to the market. 01:11:31.280 |
And then they can then sell it to the market. 01:11:32.280 |
And then they can then sell it to the market. 01:11:33.280 |
And then they can then sell it to the market. 01:11:34.280 |
And then they can then sell it to the market. 01:11:35.280 |
And then they can then sell it to the market. 01:11:36.280 |
And then they can then sell it to the market. 01:11:37.280 |
And then they can then sell it to the market. 01:11:38.280 |
And then they can then sell it to the market. 01:11:39.280 |
And then they can then sell it to the market. 01:11:40.280 |
And then they can then sell it to the market. 01:11:41.280 |
And then they can then sell it to the market. 01:11:42.280 |
And then they can then sell it to the market. 01:11:43.280 |
And then they can then sell it to the market. 01:11:44.280 |
And then they can then sell it to the market. 01:11:45.280 |
And then they can then sell it to the market. 01:11:46.280 |
And then they can then sell it to the market. 01:11:47.280 |
And then they can then sell it to the market. 01:11:48.280 |
And then they can then sell it to the market. 01:11:49.280 |
And then they can then sell it to the market. 01:11:50.280 |
And then they can then sell it to the market. 01:11:51.280 |
And then they can then sell it to the market. 01:11:52.280 |
And then they can then sell it to the market. 01:11:53.280 |
And then they can then sell it to the market. 01:11:54.280 |
And then they can then sell it to the market. 01:11:55.280 |
And then they can then sell it to the market. 01:11:56.280 |
And then they can then sell it to the market. 01:11:57.280 |
And then they can then sell it to the market. 01:11:58.280 |
And then they can then sell it to the market. 01:11:59.280 |
And then they can then sell it to the market. 01:12:00.280 |
And then they can then sell it to the market. 01:12:01.280 |
And then they can then sell it to the market. 01:12:02.280 |
And then they can then sell it to the market. 01:12:03.280 |
And then they can then sell it to the market. 01:12:04.280 |
And then they can then sell it to the market. 01:12:05.280 |
And then they can then sell it to the market. 01:12:06.280 |
And then they can then sell it to the market. 01:12:07.280 |
And then they can then sell it to the market. 01:12:08.280 |
And then they can then sell it to the market. 01:12:09.280 |
And then they can then sell it to the market. 01:12:10.280 |
And then they can then sell it to the market. 01:12:11.280 |
And then they can then sell it to the market. 01:12:12.280 |
And then they can then sell it to the market. 01:12:13.280 |
And then they can then sell it to the market. 01:12:14.280 |
And then they can then sell it to the market. 01:12:15.280 |
And then they can then sell it to the market. 01:12:16.280 |
And then they can then sell it to the market. 01:12:17.280 |
And then they can then sell it to the market. 01:12:18.280 |
And then they can then sell it to the market. 01:12:19.280 |
And then they can then sell it to the market. 01:12:20.280 |
And then they can then sell it to the market. 01:12:21.280 |
And then they can then sell it to the market. 01:12:22.280 |
And then they can then sell it to the market. 01:12:23.280 |
And then they can then sell it to the market. 01:12:24.280 |
And then they can then sell it to the market. 01:12:25.280 |
And then they can then sell it to the market. 01:12:26.280 |
And then they can then sell it to the market. 01:12:27.280 |
And then they can then sell it to the market. 01:12:28.280 |
And then they can then sell it to the market. 01:12:29.280 |
And then they can then sell it to the market. 01:12:30.280 |
And then they can then sell it to the market. 01:12:31.280 |
And then they can then sell it to the market. 01:12:32.280 |
And then they can then sell it to the market. 01:12:33.280 |
And then they can then sell it to the market. 01:12:34.280 |
And then they can then sell it to the market. 01:12:35.280 |
And then they can then sell it to the market. 01:12:36.280 |
And then they can then sell it to the market. 01:12:37.280 |
And then they can then sell it to the market. 01:12:38.280 |
And then they can then sell it to the market. 01:12:39.280 |
And then they can then sell it to the market. 01:12:40.280 |
And then they can then sell it to the market. 01:12:41.280 |
And then they can then sell it to the market. 01:12:42.280 |
And then they can then sell it to the market. 01:12:43.280 |
And then they can then sell it to the market. 01:12:44.280 |
And then they can then sell it to the market. 01:12:45.280 |
And then they can then sell it to the market. 01:12:46.280 |
And then they can then sell it to the market. 01:12:47.280 |
And then they can then sell it to the market. 01:12:48.280 |
And then they can then sell it to the market. 01:12:49.280 |
And then they can then sell it to the market. 01:12:50.280 |
And then they can then sell it to the market. 01:12:51.280 |
And then they can then sell it to the market. 01:12:52.280 |
And then they can then sell it to the market. 01:12:53.280 |
And then they can then sell it to the market. 01:12:54.280 |
And then they can then sell it to the market. 01:12:55.280 |
And then they can then sell it to the market. 01:12:56.280 |
And then they can then sell it to the market. 01:12:57.280 |
And then they can then sell it to the market. 01:12:58.280 |
And then they can then sell it to the market. 01:12:59.280 |
And then they can then sell it to the market. 01:13:00.280 |
And then they can then sell it to the market. 01:13:01.280 |
And then they can then sell it to the market. 01:13:02.280 |
And then they can then sell it to the market. 01:13:03.280 |
And then they can then sell it to the market. 01:13:04.280 |
And then they can then sell it to the market. 01:13:05.280 |
And then they can then sell it to the market. 01:13:06.280 |
And then they can then sell it to the market. 01:13:07.280 |
And then they can then sell it to the market. 01:13:08.280 |
And then they can then sell it to the market. 01:13:09.280 |
And then they can then sell it to the market. 01:13:10.280 |
And then they can then sell it to the market. 01:13:11.280 |
And then they can then sell it to the market. 01:13:12.280 |
And then they can then sell it to the market. 01:13:13.280 |
And then they can then sell it to the market. 01:13:14.280 |
And then they can then sell it to the market. 01:13:15.280 |
And then they can then sell it to the market. 01:13:16.280 |
And then they can then sell it to the market. 01:13:17.280 |
And then they can then sell it to the market. 01:13:18.280 |
And then they can then sell it to the market. 01:13:19.280 |
And then they can then sell it to the market. 01:13:20.280 |
And then they can then sell it to the market. 01:13:21.280 |
And then they can then sell it to the market. 01:13:22.280 |
And then they can then sell it to the market. 01:13:23.280 |
And then they can then sell it to the market. 01:13:24.280 |
And then they can then sell it to the market. 01:13:25.280 |
And then they can then sell it to the market. 01:13:26.280 |
And then they can then sell it to the market. 01:13:27.280 |
And then they can then sell it to the market. 01:13:28.280 |
And then they can then sell it to the market. 01:13:29.280 |
And then they can then sell it to the market. 01:13:30.280 |
And then they can then sell it to the market. 01:13:31.280 |
And then they can then sell it to the market. 01:13:32.280 |
And then they can then sell it to the market. 01:13:33.280 |
And then they can then sell it to the market. 01:13:34.280 |
And then they can then sell it to the market. 01:13:35.280 |
And then they can then sell it to the market. 01:13:36.280 |
And then they can then sell it to the market. 01:13:37.280 |
And then they can then sell it to the market. 01:13:38.280 |
And then they can then sell it to the market. 01:13:39.280 |
And then they can then sell it to the market. 01:13:40.280 |
And then they can then sell it to the market. 01:13:41.280 |
And then they can then sell it to the market. 01:13:42.280 |
And then they can then sell it to the market. 01:13:43.280 |
And then they can then sell it to the market. 01:13:44.280 |
And then they can then sell it to the market. 01:13:45.280 |
And then they can then sell it to the market. 01:13:46.280 |
And then they can then sell it to the market. 01:13:47.280 |
And then they can then sell it to the market. 01:13:48.280 |
And then they can then sell it to the market. 01:13:49.280 |
And then they can then sell it to the market. 01:13:50.280 |
And then they can then sell it to the market. 01:13:51.280 |
And then they can then sell it to the market. 01:13:52.280 |
And then they can then sell it to the market. 01:13:53.280 |
And then they can then sell it to the market. 01:13:54.280 |
And then they can then sell it to the market. 01:13:55.280 |
And then they can then sell it to the market. 01:13:56.280 |
And then they can then sell it to the market. 01:13:57.280 |
And then they can then sell it to the market. 01:13:58.280 |
And then they can then sell it to the market. 01:13:59.280 |
And then they can then sell it to the market. 01:14:00.280 |
And then they can then sell it to the market. 01:14:01.280 |
And then they can then sell it to the market. 01:14:02.280 |
And then they can then sell it to the market. 01:14:03.280 |
And then they can then sell it to the market. 01:14:04.280 |
And then they can then sell it to the market. 01:14:05.280 |
And then they can then sell it to the market. 01:14:06.280 |
And then they can then sell it to the market. 01:14:07.280 |
And then they can then sell it to the market. 01:14:08.280 |
And then they can then sell it to the market. 01:14:09.280 |
And then they can then sell it to the market. 01:14:10.280 |
And then they can then sell it to the market. 01:14:11.280 |
And then they can then sell it to the market. 01:14:12.280 |
And then they can then sell it to the market. 01:14:13.280 |
And then they can then sell it to the market. 01:14:14.280 |
And then they can then sell it to the market. 01:14:15.280 |
And then they can then sell it to the market. 01:14:16.280 |
And then they can then sell it to the market. 01:14:17.280 |
And then they can then sell it to the market. 01:14:18.280 |
And then they can then sell it to the market. 01:14:19.280 |
And then they can then sell it to the market. 01:14:20.280 |
And then they can then sell it to the market. 01:14:21.280 |
And then they can then sell it to the market. 01:14:22.280 |
And then they can then sell it to the market. 01:14:23.280 |
And then they can then sell it to the market. 01:14:24.280 |
And then they can then sell it to the market. 01:14:25.280 |
And then they can then sell it to the market. 01:14:26.280 |
And then they can then sell it to the market. 01:14:27.280 |
And then they can then sell it to the market. 01:14:28.280 |
And then they can then sell it to the market. 01:14:29.280 |
And then they can then sell it to the market. 01:14:30.280 |
And then they can then sell it to the market. 01:14:31.280 |
And then they can then sell it to the market. 01:14:32.280 |
And then they can then sell it to the market. 01:14:33.280 |
And then they can then sell it to the market. 01:14:34.280 |
And then they can then sell it to the market. 01:14:35.280 |
And then they can then sell it to the market. 01:14:36.280 |
And then they can then sell it to the market. 01:14:37.280 |
And then they can then sell it to the market. 01:14:38.280 |
And then they can then sell it to the market. 01:14:39.280 |
And then they can then sell it to the market. 01:14:40.280 |
And then they can then sell it to the market. 01:14:41.280 |
And then they can then sell it to the market. 01:14:42.280 |
And then they can then sell it to the market. 01:14:43.280 |
And then they can then sell it to the market. 01:14:44.280 |
And then they can then sell it to the market. 01:14:45.280 |
And then they can then sell it to the market. 01:14:46.280 |
And then they can then sell it to the market. 01:14:47.280 |
And then they can then sell it to the market. 01:14:48.280 |
And then they can then sell it to the market. 01:14:49.280 |
And then they can then sell it to the market. 01:14:50.280 |
And then they can then sell it to the market. 01:14:51.280 |
And then they can then sell it to the market. 01:14:52.280 |
And then they can then sell it to the market. 01:14:53.280 |
And then they can then sell it to the market. 01:14:54.280 |
And then they can then sell it to the market. 01:14:55.280 |
And then they can then sell it to the market. 01:14:56.280 |
And then they can then sell it to the market. 01:14:57.280 |
And then they can then sell it to the market. 01:14:58.280 |
And then they can then sell it to the market. 01:14:59.280 |
And then they can then sell it to the market. 01:15:00.280 |
And then they can then sell it to the market. 01:15:01.280 |
And then they can then sell it to the market. 01:15:02.280 |
And then they can then sell it to the market. 01:15:03.280 |
And then they can then sell it to the market. 01:15:04.280 |
And then they can then sell it to the market. 01:15:05.280 |
And then they can then sell it to the market. 01:15:06.280 |
And then they can then sell it to the market. 01:15:07.280 |
And then they can then sell it to the market. 01:15:08.280 |
And then they can then sell it to the market. 01:15:09.280 |
And then they can then sell it to the market. 01:15:10.280 |
And then they can then sell it to the market. 01:15:11.280 |
And then they can then sell it to the market. 01:15:12.280 |
And then they can then sell it to the market. 01:15:13.280 |
And then they can then sell it to the market. 01:15:14.280 |
And then they can then sell it to the market. 01:15:15.280 |
And then they can then sell it to the market. 01:15:16.280 |
And then they can then sell it to the market. 01:15:17.280 |
And then they can then sell it to the market. 01:15:18.280 |
And then they can then sell it to the market. 01:15:19.280 |
And then they can then sell it to the market. 01:15:20.280 |
And then they can then sell it to the market. 01:15:21.280 |
And then they can then sell it to the market. 01:15:22.280 |
And then they can then sell it to the market. 01:15:23.280 |
And then they can then sell it to the market. 01:15:24.280 |
And then they can then sell it to the market. 01:15:25.280 |
And then they can then sell it to the market. 01:15:26.280 |
And then they can then sell it to the market. 01:15:27.280 |
And then they can then sell it to the market. 01:15:28.280 |
And then they can then sell it to the market. 01:15:29.280 |
And then they can then sell it to the market. 01:15:30.280 |
And then they can then sell it to the market. 01:15:31.280 |
And then they can then sell it to the market. 01:15:32.280 |
And then they can then sell it to the market. 01:15:33.280 |
And then they can then sell it to the market. 01:15:34.280 |
And then they can then sell it to the market. 01:15:35.280 |
And then they can then sell it to the market. 01:15:36.280 |
And then they can then sell it to the market. 01:15:37.280 |
And then they can then sell it to the market. 01:15:38.280 |
And then they can then sell it to the market. 01:15:39.280 |
And then they can then sell it to the market. 01:15:40.280 |
And then they can then sell it to the market. 01:15:41.280 |
And then they can then sell it to the market. 01:15:42.280 |
And then they can then sell it to the market. 01:15:43.280 |
And then they can then sell it to the market. 01:15:44.280 |
And then they can then sell it to the market. 01:15:45.280 |
And then they can then sell it to the market. 01:15:46.280 |
And then they can then sell it to the market. 01:15:47.280 |
And then they can then sell it to the market. 01:15:48.280 |
And then they can then sell it to the market. 01:15:49.280 |
And then they can then sell it to the market. 01:15:50.280 |
And then they can then sell it to the market. 01:15:51.280 |
And then they can then sell it to the market. 01:15:52.280 |
And then they can then sell it to the market. 01:15:53.280 |
And then they can then sell it to the market. 01:15:54.280 |
And then they can then sell it to the market. 01:15:55.280 |
And then they can then sell it to the market. 01:15:56.280 |
And then they can then sell it to the market. 01:15:57.280 |
And then they can then sell it to the market. 01:15:58.280 |
And then they can then sell it to the market. 01:15:59.280 |
And then they can then sell it to the market. 01:16:00.280 |
And then they can then sell it to the market. 01:16:01.280 |
And then they can then sell it to the market. 01:16:02.280 |
And then they can then sell it to the market. 01:16:03.280 |
And then they can then sell it to the market. 01:16:04.280 |
And then they can then sell it to the market. 01:16:05.280 |
And then they can then sell it to the market. 01:16:06.280 |
And then they can then sell it to the market. 01:16:07.280 |
And then they can then sell it to the market. 01:16:08.280 |
And then they can then sell it to the market. 01:16:09.280 |
And then they can then sell it to the market. 01:16:10.280 |
And then they can then sell it to the market. 01:16:11.280 |
And then they can then sell it to the market. 01:16:12.280 |
And then they can then sell it to the market. 01:16:13.280 |
And then they can then sell it to the market. 01:16:14.280 |
And then they can then sell it to the market. 01:16:15.280 |
And then they can then sell it to the market. 01:16:16.280 |
And then they can then sell it to the market. 01:16:17.280 |
And then they can then sell it to the market. 01:16:18.280 |
And then they can then sell it to the market. 01:16:19.280 |
And then they can then sell it to the market. 01:16:20.280 |
And then they can then sell it to the market. 01:16:21.280 |
And then they can then sell it to the market. 01:16:22.280 |
And then they can then sell it to the market. 01:16:23.280 |
And then they can then sell it to the market. 01:16:24.280 |
And then they can then sell it to the market. 01:16:25.280 |
And then they can then sell it to the market. 01:16:26.280 |
And then they can then sell it to the market. 01:16:27.280 |
And then they can then sell it to the market. 01:16:28.280 |
And then they can then sell it to the market. 01:16:29.280 |
And then they can then sell it to the market. 01:16:30.280 |
And then they can then sell it to the market. 01:16:31.280 |
And then they can then sell it to the market. 01:16:32.280 |
And then they can then sell it to the market. 01:16:33.280 |
And then they can then sell it to the market. 01:16:34.280 |
And then they can then sell it to the market. 01:16:35.280 |
And then they can then sell it to the market. 01:16:36.280 |
And then they can then sell it to the market. 01:16:37.280 |
And then they can then sell it to the market. 01:16:38.280 |
And then they can then sell it to the market. 01:16:39.280 |
And then they can then sell it to the market. 01:16:40.280 |
And then they can then sell it to the market. 01:16:41.280 |
And then they can then sell it to the market. 01:16:42.280 |
And then they can then sell it to the market. 01:16:43.280 |
And then they can then sell it to the market. 01:16:44.280 |
And then they can then sell it to the market. 01:16:45.280 |
And then they can then sell it to the market. 01:16:46.280 |
And then they can then sell it to the market. 01:16:47.280 |
And then they can then sell it to the market. 01:16:48.280 |
And then they can then sell it to the market. 01:16:49.280 |
And then they can then sell it to the market. 01:16:50.280 |
And then they can then sell it to the market. 01:16:51.280 |
And then they can then sell it to the market. 01:16:52.280 |
And then they can then sell it to the market. 01:16:53.280 |
And then they can then sell it to the market. 01:16:54.280 |
And then they can then sell it to the market. 01:16:55.280 |
And then they can then sell it to the market. 01:16:56.280 |
And then they can then sell it to the market. 01:16:57.280 |
And then they can then sell it to the market. 01:16:58.280 |
And then they can then sell it to the market. 01:16:59.280 |
And then they can then sell it to the market. 01:17:00.280 |
And then they can then sell it to the market. 01:17:01.280 |
And then they can then sell it to the market. 01:17:02.280 |
And then they can then sell it to the market. 01:17:03.280 |
And then they can then sell it to the market. 01:17:04.280 |
And then they can then sell it to the market. 01:17:05.280 |
And then they can then sell it to the market. 01:17:06.280 |
And then they can then sell it to the market. 01:17:07.280 |
And then they can then sell it to the market. 01:17:08.280 |
And then they can then sell it to the market. 01:17:09.280 |
And then they can then sell it to the market. 01:17:10.280 |
And then they can then sell it to the market. 01:17:11.280 |
And then they can then sell it to the market. 01:17:12.280 |
And then they can then sell it to the market. 01:17:13.280 |
And then they can then sell it to the market. 01:17:14.280 |
And then they can then sell it to the market. 01:17:15.280 |
And then they can then sell it to the market. 01:17:16.280 |
And then they can then sell it to the market. 01:17:17.280 |
And then they can then sell it to the market. 01:17:18.280 |
And then they can then sell it to the market. 01:17:19.280 |
And then they can then sell it to the market. 01:17:20.280 |
And then they can then sell it to the market. 01:17:21.280 |
And then they can then sell it to the market. 01:17:22.280 |
And then they can then sell it to the market. 01:17:23.280 |
And then they can then sell it to the market. 01:17:24.280 |
And then they can then sell it to the market. 01:17:25.280 |
And then they can then sell it to the market. 01:17:26.280 |
And then they can then sell it to the market. 01:17:27.280 |
And then they can then sell it to the market. 01:17:28.280 |
And then they can then sell it to the market. 01:17:29.280 |
And then they can then sell it to the market. 01:17:30.280 |
And then they can then sell it to the market. 01:17:31.280 |
And then they can then sell it to the market. 01:17:32.280 |
And then they can then sell it to the market. 01:17:33.280 |
And then they can then sell it to the market. 01:17:34.280 |
And then they can then sell it to the market. 01:17:35.280 |
And then they can then sell it to the market. 01:17:36.280 |
And then they can then sell it to the market. 01:17:37.280 |
And then they can then sell it to the market. 01:17:38.280 |
And then they can then sell it to the market. 01:17:39.280 |
And then they can then sell it to the market. 01:17:40.280 |
And then they can then sell it to the market. 01:17:41.280 |
And then they can then sell it to the market. 01:17:42.280 |
And then they can then sell it to the market. 01:17:43.280 |
And then they can then sell it to the market. 01:17:44.280 |
And then they can then sell it to the market. 01:17:45.280 |
And then they can then sell it to the market. 01:17:46.280 |
And then they can then sell it to the market. 01:17:47.280 |
And then they can then sell it to the market. 01:17:48.280 |
And then they can then sell it to the market. 01:17:49.280 |
And then they can then sell it to the market. 01:17:50.280 |
And then they can then sell it to the market. 01:17:51.280 |
And then they can then sell it to the market. 01:17:52.280 |
And then they can then sell it to the market. 01:17:53.280 |
And then they can then sell it to the market. 01:17:54.280 |
And then they can then sell it to the market. 01:17:55.280 |
And then they can then sell it to the market. 01:17:56.280 |
And then they can then sell it to the market. 01:17:57.280 |
And then they can then sell it to the market. 01:17:58.280 |
And then they can then sell it to the market. 01:17:59.280 |
And then they can then sell it to the market. 01:18:00.280 |
And then they can then sell it to the market. 01:18:01.280 |
And then they can then sell it to the market. 01:18:02.280 |
And then they can then sell it to the market. 01:18:03.280 |
And then they can then sell it to the market. 01:18:04.280 |
And then they can then sell it to the market. 01:18:05.280 |
And then they can then sell it to the market. 01:18:06.280 |
And then they can then sell it to the market. 01:18:07.280 |
And then they can then sell it to the market. 01:18:08.280 |
And then they can then sell it to the market. 01:18:09.280 |
And then they can then sell it to the market. 01:18:10.280 |
And then they can then sell it to the market. 01:18:11.280 |
And then they can then sell it to the market. 01:18:12.280 |
And then they can then sell it to the market. 01:18:13.280 |
And then they can then sell it to the market. 01:18:14.280 |
And then they can then sell it to the market. 01:18:15.280 |
And then they can then sell it to the market. 01:18:16.280 |
And then they can then sell it to the market. 01:18:17.280 |
And then they can then sell it to the market. 01:18:18.280 |
And then they can then sell it to the market. 01:18:19.280 |
And then they can then sell it to the market. 01:18:20.280 |
And then they can then sell it to the market. 01:18:21.280 |
And then they can then sell it to the market. 01:18:22.280 |
And then they can then sell it to the market. 01:18:23.280 |
And then they can then sell it to the market. 01:18:24.280 |
And then they can then sell it to the market. 01:18:25.280 |
And then they can then sell it to the market. 01:18:26.280 |
And then they can then sell it to the market. 01:18:27.280 |
And then they can then sell it to the market. 01:18:28.280 |
And then they can then sell it to the market. 01:18:29.280 |
And then they can then sell it to the market. 01:18:30.280 |
And then they can then sell it to the market. 01:18:31.280 |
And then they can then sell it to the market. 01:18:32.280 |
And then they can then sell it to the market. 01:18:33.280 |
And then they can then sell it to the market. 01:18:34.280 |
And then they can then sell it to the market. 01:18:35.280 |
And then they can then sell it to the market. 01:18:36.280 |
And then they can then sell it to the market. 01:18:37.280 |
And then they can then sell it to the market. 01:18:38.280 |
And then they can then sell it to the market. 01:18:39.280 |
And then they can then sell it to the market. 01:18:40.280 |
And then they can then sell it to the market. 01:18:41.280 |
And then they can then sell it to the market. 01:18:42.280 |
And then they can then sell it to the market. 01:18:43.280 |
And then they can then sell it to the market. 01:18:44.280 |
And then they can then sell it to the market. 01:18:45.280 |
And then they can then sell it to the market. 01:18:46.280 |
And then they can then sell it to the market. 01:18:47.280 |
And then they can then sell it to the market. 01:18:48.280 |
And then they can then sell it to the market. 01:18:49.280 |
And then they can then sell it to the market. 01:18:50.280 |
And then they can then sell it to the market. 01:18:51.280 |
And then they can then sell it to the market. 01:18:52.280 |
And then they can then sell it to the market. 01:18:53.280 |
And then they can then sell it to the market. 01:18:54.280 |
And then they can then sell it to the market. 01:18:55.280 |
And then they can then sell it to the market. 01:18:56.280 |
And then they can then sell it to the market. 01:18:57.280 |
And then they can then sell it to the market. 01:18:58.280 |
And then they can then sell it to the market. 01:18:59.280 |
And then they can then sell it to the market. 01:19:00.280 |
And then they can then sell it to the market. 01:19:01.280 |
And then they can then sell it to the market. 01:19:02.280 |
And then they can then sell it to the market. 01:19:03.280 |
And then they can then sell it to the market. 01:19:04.280 |
And then they can then sell it to the market. 01:19:05.280 |
And then they can then sell it to the market. 01:19:06.280 |
And then they can then sell it to the market. 01:19:07.280 |
And then they can then sell it to the market. 01:19:08.280 |
And then they can then sell it to the market. 01:19:09.280 |
And then they can then sell it to the market. 01:19:10.280 |
And then they can then sell it to the market. 01:19:11.280 |
And then they can then sell it to the market. 01:19:12.280 |
And then they can then sell it to the market. 01:19:13.280 |
And then they can then sell it to the market. 01:19:14.280 |
And then they can then sell it to the market. 01:19:15.280 |
And then they can then sell it to the market. 01:19:16.280 |
And then they can then sell it to the market. 01:19:17.280 |
And then they can then sell it to the market. 01:19:18.280 |
And then they can then sell it to the market. 01:19:19.280 |
And then they can then sell it to the market. 01:19:20.280 |
And then they can then sell it to the market. 01:19:21.280 |
And then they can then sell it to the market. 01:19:22.280 |
And then they can then sell it to the market. 01:19:23.280 |
And then they can then sell it to the market. 01:19:24.280 |
And then they can then sell it to the market. 01:19:25.280 |
And then they can then sell it to the market. 01:19:26.280 |
And then they can then sell it to the market. 01:19:27.280 |
And then they can then sell it to the market. 01:19:28.280 |
And then they can then sell it to the market. 01:19:29.280 |
And then they can then sell it to the market. 01:19:30.280 |
And then they can then sell it to the market. 01:19:31.280 |
And then they can then sell it to the market. 01:19:32.280 |
And then they can then sell it to the market. 01:19:33.280 |
And then they can then sell it to the market. 01:19:34.280 |
And then they can then sell it to the market. 01:19:35.280 |
And then they can then sell it to the market. 01:19:36.280 |
And then they can then sell it to the market. 01:19:37.280 |
And then they can then sell it to the market. 01:19:38.280 |
And then they can then sell it to the market. 01:19:39.280 |
And then they can then sell it to the market. 01:19:40.280 |
And then they can then sell it to the market. 01:19:41.280 |
And then they can then sell it to the market. 01:19:42.280 |
And then they can then sell it to the market. 01:19:43.280 |
And then they can then sell it to the market. 01:19:44.280 |
And then they can then sell it to the market. 01:19:45.280 |
And then they can then sell it to the market. 01:19:46.280 |
And then they can then sell it to the market. 01:19:47.280 |
And then they can then sell it to the market. 01:19:48.280 |
And then they can then sell it to the market. 01:19:49.280 |
And then they can then sell it to the market. 01:19:50.280 |
And then they can then sell it to the market. 01:19:51.280 |
And then they can then sell it to the market. 01:19:52.280 |
And then they can then sell it to the market. 01:19:53.280 |
And then they can then sell it to the market. 01:19:54.280 |
And then they can then sell it to the market. 01:19:55.280 |
And then they can then sell it to the market. 01:19:56.280 |
And then they can then sell it to the market. 01:19:57.280 |
And then they can then sell it to the market. 01:19:58.280 |
And then they can then sell it to the market. 01:19:59.280 |
And then they can then sell it to the market. 01:20:00.280 |
And then they can then sell it to the market. 01:20:01.280 |
And then they can then sell it to the market. 01:20:02.280 |
And then they can then sell it to the market. 01:20:03.280 |
And then they can then sell it to the market. 01:20:04.280 |
And then they can then sell it to the market. 01:20:05.280 |
And then they can then sell it to the market. 01:20:06.280 |
And then they can then sell it to the market. 01:20:07.280 |
And then they can then sell it to the market. 01:20:08.280 |
And then they can then sell it to the market. 01:20:09.280 |
And then they can then sell it to the market. 01:20:10.280 |
And then they can then sell it to the market. 01:20:11.280 |
And then they can then sell it to the market. 01:20:12.280 |
And then they can then sell it to the market. 01:20:13.280 |
And then they can then sell it to the market. 01:20:14.280 |
And then they can then sell it to the market. 01:20:15.280 |
And then they can then sell it to the market. 01:20:16.280 |
And then they can then sell it to the market. 01:20:17.280 |
And then they can then sell it to the market. 01:20:18.280 |
And then they can then sell it to the market. 01:20:19.280 |
And then they can then sell it to the market. 01:20:20.280 |
And then they can then sell it to the market. 01:20:21.280 |
And then they can then sell it to the market. 01:20:22.280 |
And then they can then sell it to the market. 01:20:23.280 |
And then they can then sell it to the market. 01:20:24.280 |
And then they can then sell it to the market. 01:20:25.280 |
And then they can then sell it to the market. 01:20:26.280 |
And then they can then sell it to the market. 01:20:27.280 |
And then they can then sell it to the market. 01:20:28.280 |
And then they can then sell it to the market. 01:20:29.280 |
And then they can then sell it to the market. 01:20:30.280 |
And then they can then sell it to the market. 01:20:31.280 |
And then they can then sell it to the market. 01:20:32.280 |
And then they can then sell it to the market. 01:20:33.280 |
And then they can then sell it to the market. 01:20:34.280 |
And then they can then sell it to the market. 01:20:35.280 |
And then they can then sell it to the market. 01:20:36.280 |
And then they can then sell it to the market. 01:20:37.280 |
And then they can then sell it to the market. 01:20:38.280 |
And then they can then sell it to the market. 01:20:39.280 |
And then they can then sell it to the market. 01:20:40.280 |
And then they can then sell it to the market. 01:20:41.280 |
And then they can then sell it to the market. 01:20:42.280 |
And then they can then sell it to the market. 01:20:43.280 |
And then they can then sell it to the market. 01:20:44.280 |
And then they can then sell it to the market. 01:20:45.280 |
And then they can then sell it to the market. 01:20:46.280 |
And then they can then sell it to the market. 01:20:47.280 |
And then they can then sell it to the market. 01:20:48.280 |
And then they can then sell it to the market. 01:20:49.280 |
And then they can then sell it to the market. 01:20:50.280 |
And then they can then sell it to the market. 01:20:51.280 |
And then they can then sell it to the market. 01:20:52.280 |
And then they can then sell it to the market. 01:20:53.280 |
And then they can then sell it to the market. 01:20:54.280 |
And then they can then sell it to the market. 01:20:55.280 |
And then they can then sell it to the market. 01:20:56.280 |
And then they can then sell it to the market. 01:20:57.280 |
And then they can then sell it to the market. 01:20:58.280 |
And then they can then sell it to the market. 01:20:59.280 |
And then they can then sell it to the market. 01:21:00.280 |
And then they can then sell it to the market. 01:21:01.280 |
And then they can then sell it to the market. 01:21:02.280 |
And then they can then sell it to the market. 01:21:03.280 |
And then they can then sell it to the market. 01:21:04.280 |
And then they can then sell it to the market. 01:21:05.280 |
And then they can then sell it to the market. 01:21:06.280 |
And then they can then sell it to the market. 01:21:07.280 |
And then they can then sell it to the market. 01:21:08.280 |
And then they can then sell it to the market. 01:21:09.280 |
And then they can then sell it to the market. 01:21:10.280 |
And then they can then sell it to the market. 01:21:11.280 |
And then they can then sell it to the market. 01:21:12.280 |
And then they can then sell it to the market. 01:21:13.280 |
And then they can then sell it to the market. 01:21:14.280 |
And then they can then sell it to the market. 01:21:15.280 |
And then they can then sell it to the market. 01:21:16.280 |
And then they can then sell it to the market. 01:21:17.280 |
And then they can then sell it to the market. 01:21:18.280 |
And then they can then sell it to the market. 01:21:19.280 |
And then they can then sell it to the market. 01:21:20.280 |
And then they can then sell it to the market. 01:21:21.280 |
And then they can then sell it to the market. 01:21:22.280 |
And then they can then sell it to the market. 01:21:23.280 |
And then they can then sell it to the market. 01:21:24.280 |
And then they can then sell it to the market. 01:21:25.280 |
And then they can then sell it to the market. 01:21:26.280 |
And then they can then sell it to the market. 01:21:27.280 |
And then they can then sell it to the market. 01:21:28.280 |
And then they can then sell it to the market. 01:21:29.280 |
And then they can then sell it to the market. 01:21:30.280 |
And then they can then sell it to the market. 01:21:31.280 |
And then they can then sell it to the market. 01:21:32.280 |
And then they can then sell it to the market. 01:21:33.280 |
And then they can then sell it to the market. 01:21:34.280 |
And then they can then sell it to the market. 01:21:35.280 |
And then they can then sell it to the market. 01:21:36.280 |
And then they can then sell it to the market. 01:21:37.280 |
And then they can then sell it to the market.