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All In Podcast Episode 184 Recap and Notes June 21 2024

June 21 2024

  • Trump!!!
  • Likes Sacks house
  • Winklevoss Brothers donating $1M in BTC each to Trump
  • Fundraiser went well
  • Economy
    • Too much regulation, No M&A, Real estate credit crunch, Hard to do business
    • Wants to reduce taxes
    • More focused on reducing/eliminating regulation
    • Emphasizes impact of crime
    • Mostly democrat-run cities - no cash bail, high regulation, high tax regimes
    • Larry Summers comment on Trump tax cut proposal using tariffs - Trump said he believes in tariffs
    • Worried about de-dollarization
    • How will he deal with spending - added $8T to deficit in each of the last 2 administrations
      • Thinks we can grow our way out
      • Claims oil prices would go through the roof if Dems win again
      • Claims he had to take care of Covid, but Biden spent on other items
    • Impoundment authority
      • Wants to have states spend on education
      • Department of Interior
      • Environmental Dept
      • AI will need electricity at untold levels - need to enable that
      • OK with Nuclear (China is going to build 150 plants at $2500/KW but in the US the cost is $10000/KW)
        • Points to how we build massive plants that are hard to do - France and others apparently just build more plants if they need more power
    • Ukraine war
      • Claims it would never have happened if he was President
      • Putin made money through the war due to high oil prices
      • Also claims Israel attack and inflation would have never happened
      • We are across the ocean
      • Ukraine doesn’t have soldiers - apparently they need kids and old people - average age of soldier there is 43 now
      • Biden rhetoric was too inflammatory
    • Abraham accords
      • Disappointed it wasn’t moved forward after he left
      • Iran was broke - but now they have a lot of money - made in $250B in 3 years so are emboldened
    • Roe v Wade (could be the biggest issue this election)
      • Believes its up to the states
      • Now the people are in charge
      • Would not support a national ban
    • China foreign policy
      • Blames them for Covid
      • Claims Xi has a conflict of interest (a “Manchurian candidate”?)
    • Gain of function research with Fauci, et al
      • Doesn’t claim to trust Fauci
      • Claims credit for leaving WHO because we were paying $500M when China pays $39M
      • Unhappy about Paris accords and our involvement
      • Thinks we can reduce influence of deep state
    • Border Wall and Immigration
      • Built according to the Border Patrol’s specifications
      • Mexico even provided troops for free
      • Can’t believe the Dems have an open border
      • Says he should have said “I should have not built the wall”
      • Will give green cards to people who graduate from a college here
      • Need them to create jobs here - also we need a talent pool
      • Will end Day 1
    • Will release JFK files
    • Debate Predictions
      • Respects his ability
      • Doesn’t think Biden will do this podcast
    • Debrief
      • Fun to talk to
      • JCal would have liked to discuss Jan 6
      • Was more definitive about Ukraine
      • Handled Roe v Wade well
      • Friedberg would have liked to go more into federal spending
      • Positive that he talked about de-dollarization
      • Clearly he hasn’t been portrayed fairly in the media (probably Biden also has been portayed unfairly)
      • Could have asked about Dalio’s cycle of empires
      • China’s high speed rail costs 2% of CA’s high speed rail project
      • One reason to leave the border open is to get cheaper labor
      • Biden ran a middle of the road campaign but didn’t follow through

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