David Friedberg

So what's the bulwark on this?

So what's the bulwark on this?

This is why I've been saying for years, this is the direction we're headed because the fundamental- No, no, I give you the victory.

This is why I've been saying for years, this is the direction we're headed because the fundamental- No, no, I give you the victory.

But the root cause of it is government spending.

But the root cause of it is government spending.

We have a problem in this country, and the problem is too much progress.

We have a problem in this country, and the problem is too much progress.

Too much progress too fast has led to a distribution of capital that is so asymmetric that Gavin Newsom said on stage yesterday, 10% of the population own two-thirds of the assets.

Too much progress too fast has led to a distribution of capital that is so asymmetric that Gavin Newsom said on stage yesterday, 10% of the population own two-thirds of the assets.

That may or may not seem right to you, but that is the reality of what happens when you have progress, when you build technology companies, when you build car companies, when you build AI.

That may or may not seem right to you, but that is the reality of what happens when you have progress, when you build technology companies, when you build car companies, when you build AI.

When America wins globally.

When America wins globally.

You say America, but it's not all Americans.

You say America, but it's not all Americans.

And this is the point.

And this is the point.

This is what's going on.

This is what's going on.