Andrew Ross Sorkin

But can I just add on top of that?

Because, you know, you're describing what I always think of as sort of the leave it to beaver American dream that people sort of have in their mind, which is really more of like a 1950s style dream.

And actually was a function, I think, of a post-World War situation where...

where the country was, we were a monopoly power.

Everybody else was out of business.

This is also the time, like, the reason why unions even worked, I would argue, in large part, was because there was this period of time where we were the only players in town.

So we could charge monopoly rents for a lot of things, and people could buy a house with a white fence and have two kids and

All of those things that we now say are the dream.

Look, there's some people who think that was an aberration in history.

I hope it wasn't.

But I'm saying there were a lot of forces at play that created that dream.

But I don't think that was the dream in 1929.

Yeah.

I hope we're not.

I hope we're not.

Look, I think you look at a lot of the things going on right now just with how much debt we have.

I sort of look at the Neil Ferguson view of the world, which maybe lines up pretty directly with –

with Dalia, which is that when you get GDP, if you start to look at defense spending as a percentage of GDP, there is this point at which, at least historically, you have a real problem, and that sort of has created the end of the empire.

I think that happens, in his view of the world, in 2040, so maybe there's still time to turn it around.

I don't know, what about you?