David Sacks

And so we will just enjoy the ride.

And so we will just enjoy the ride.

This is the moment, you know, 30 year Treasury 5.2%, this Japanese yield

This is the moment, you know, 30 year Treasury 5.2%, this Japanese yield

Some argue you should talk to more active market participants than me and probably some economists who trade the market, but I would think that this is one of those things that could be a catalyst for a credit crisis because there's a lot of people that are in this carry trade.

Some argue you should talk to more active market participants than me and probably some economists who trade the market, but I would think that this is one of those things that could be a catalyst for a credit crisis because there's a lot of people that are in this carry trade.

And we'll see.

And we'll see.

Okay.

Okay.

This is water leaking out of the bucket.

This is water leaking out of the bucket.

There it is.

There it is.

There was a question

There was a question

Would the administration leave China with a grand deal that made everyone feel like there's a long-range view on a partnership?

Would the administration leave China with a grand deal that made everyone feel like there's a long-range view on a partnership?

And I don't think that that's what happened.

And I don't think that that's what happened.