Allison

As we remember, when we talk with Dalio about this, he's like, there have been a handful. And also around the relationship with China, which I think this is all very tightly related, we may have dodged a lot of bullets. And if the United States can get its house in order, reduce federal spending while increasing economic activity, it can be a tremendous unlock for the US and for world peace.

As we remember, when we talk with Dalio about this, he's like, there have been a handful. And also around the relationship with China, which I think this is all very tightly related, we may have dodged a lot of bullets. And if the United States can get its house in order, reduce federal spending while increasing economic activity, it can be a tremendous unlock for the US and for world peace.

So because again, I think that conflict arises when we don't have our own fiscal house in order. And so I feel very positive, more surprised and positive than I was a year ago, six months ago. It's just amazing we're on this timeline. And I do think the United States as NIO dodged a lot of bullets here.

So because again, I think that conflict arises when we don't have our own fiscal house in order. And so I feel very positive, more surprised and positive than I was a year ago, six months ago. It's just amazing we're on this timeline. And I do think the United States as NIO dodged a lot of bullets here.

A couple billion.

A couple billion.

I mean, if you can't... I just wish it weren't political, right? I want all Americans and Democrats to stand up and say, this is the right thing for the United States.

I mean, if you can't... I just wish it weren't political, right? I want all Americans and Democrats to stand up and say, this is the right thing for the United States.

What Chamath just said is so important. There's a great interview. I've mentioned this in the past between Tim Ferriss and Charles Koch from a couple of years ago, where he brings up this exact example about how regulatory burdens make it difficult for women to become hairdressers. It's like $7,000. So they don't have the capital to do that because of the regulatory burden to get there.

What Chamath just said is so important. There's a great interview. I've mentioned this in the past between Tim Ferriss and Charles Koch from a couple of years ago, where he brings up this exact example about how regulatory burdens make it difficult for women to become hairdressers. It's like $7,000. So they don't have the capital to do that because of the regulatory burden to get there.

Think about building your home or, you know, like, let's say you want to put a shower in your bathroom, change the shower in your bathroom. You don't want to spend $15,000 on all the permitting regulatory stuff to make that happen. It's going to unlock value for everyone. That's a small example of kind of a regulatory problem. But this benefits everyone.

Think about building your home or, you know, like, let's say you want to put a shower in your bathroom, change the shower in your bathroom. You don't want to spend $15,000 on all the permitting regulatory stuff to make that happen. It's going to unlock value for everyone. That's a small example of kind of a regulatory problem. But this benefits everyone.

And the cost of transportation will come down.

And the cost of transportation will come down.

It would be a downer to me if they were still pushing a $7.2 trillion federal budget next year. That would be a downer. And by the way, I think that there's a deeply linked relationship between social issues, economic issues, political policies, and foreign conflict. They all seem like they're four different things, but they're so tightly interwound.

It would be a downer to me if they were still pushing a $7.2 trillion federal budget next year. That would be a downer. And by the way, I think that there's a deeply linked relationship between social issues, economic issues, political policies, and foreign conflict. They all seem like they're four different things, but they're so tightly interwound.

And it's interesting how everything kind of moves together with this shift in who ended up winning this election cycle. And I think it really speaks to the relationship between the four.

And it's interesting how everything kind of moves together with this shift in who ended up winning this election cycle. And I think it really speaks to the relationship between the four.

It used to be that Democrats were progressive. Progressive means progress, looking forward. And the last decade, the last couple of years in particular, I think a lot of people that I know that are former Democrats, and Chamath, you can speak for yourself, feel like the Democrats stopped looking forward. And it was all about trying to like recast the past.

It used to be that Democrats were progressive. Progressive means progress, looking forward. And the last decade, the last couple of years in particular, I think a lot of people that I know that are former Democrats, and Chamath, you can speak for yourself, feel like the Democrats stopped looking forward. And it was all about trying to like recast the past.