James Altucher

I agree. So other things that happened, and again, we can look at 2018, other things that happened is manufacturing spread out a little bit more. So instead of it all being in China, we went to Vietnam, we went to India, we went to places where we weren't putting on as high of a tariff, or we worked out deals to make the tariffs and duties lower.

I agree. So other things that happened, and again, we can look at 2018, other things that happened is manufacturing spread out a little bit more. So instead of it all being in China, we went to Vietnam, we went to India, we went to places where we weren't putting on as high of a tariff, or we worked out deals to make the tariffs and duties lower.

The other thing is, by the way, where are the workers? Because in the US, we're essentially deporting a lot of the workers. So... what's going to happen is robotics companies are really starting to amp up their investment. And you have things like the Optimus robot being built at Tesla. I don't know when that's going to be ready for prime time, let's say 2026, 2027, but that's going to be

The other thing is, by the way, where are the workers? Because in the US, we're essentially deporting a lot of the workers. So... what's going to happen is robotics companies are really starting to amp up their investment. And you have things like the Optimus robot being built at Tesla. I don't know when that's going to be ready for prime time, let's say 2026, 2027, but that's going to be

The other thing is, by the way, where are the workers? Because in the US, we're essentially deporting a lot of the workers. So... what's going to happen is robotics companies are really starting to amp up their investment. And you have things like the Optimus robot being built at Tesla. I don't know when that's going to be ready for prime time, let's say 2026, 2027, but that's going to be

the new factory worker. I mean, already Tesla's automating a lot of their energy products, so they could build an electric grid almost automatically with robots. So we're going to see some transition in technology that's going to replace the workers also. Doesn't mean the workers are going to be out of jobs. They just won't be at those jobs.

the new factory worker. I mean, already Tesla's automating a lot of their energy products, so they could build an electric grid almost automatically with robots. So we're going to see some transition in technology that's going to replace the workers also. Doesn't mean the workers are going to be out of jobs. They just won't be at those jobs.

the new factory worker. I mean, already Tesla's automating a lot of their energy products, so they could build an electric grid almost automatically with robots. So we're going to see some transition in technology that's going to replace the workers also. Doesn't mean the workers are going to be out of jobs. They just won't be at those jobs.

I mean, I hate to sound like overly conservative, but let's say you're a manufacturing company and you're like, oh, my gosh, steel prices just went up. So it's going to be it's going to cost us more to build cars or whatever. Oh, my God. Now the minimum wage. Now it's going to cost us more to have labor.

I mean, I hate to sound like overly conservative, but let's say you're a manufacturing company and you're like, oh, my gosh, steel prices just went up. So it's going to be it's going to cost us more to build cars or whatever. Oh, my God. Now the minimum wage. Now it's going to cost us more to have labor.

I mean, I hate to sound like overly conservative, but let's say you're a manufacturing company and you're like, oh, my gosh, steel prices just went up. So it's going to be it's going to cost us more to build cars or whatever. Oh, my God. Now the minimum wage. Now it's going to cost us more to have labor.

So they're going to what's going to happen is they're going to just switch to robots eventually. And. They'll raise the price on their cars or they'll insource steel as much as they can because steel does come from the U.S. also. Those have to like make more of it.

So they're going to what's going to happen is they're going to just switch to robots eventually. And. They'll raise the price on their cars or they'll insource steel as much as they can because steel does come from the U.S. also. Those have to like make more of it.

So they're going to what's going to happen is they're going to just switch to robots eventually. And. They'll raise the price on their cars or they'll insource steel as much as they can because steel does come from the U.S. also. Those have to like make more of it.

So, you know, what happens typically is you start looking for alternatives to the things that are going up in cost, which is why overall inflation never occurs when there's tariffs. So take any basket of goods. If some of the goods go up, other goods are going to go down. Again, overall inflation only happens when you're printing up just a lot of excess money to your earlier point.

So, you know, what happens typically is you start looking for alternatives to the things that are going up in cost, which is why overall inflation never occurs when there's tariffs. So take any basket of goods. If some of the goods go up, other goods are going to go down. Again, overall inflation only happens when you're printing up just a lot of excess money to your earlier point.

So, you know, what happens typically is you start looking for alternatives to the things that are going up in cost, which is why overall inflation never occurs when there's tariffs. So take any basket of goods. If some of the goods go up, other goods are going to go down. Again, overall inflation only happens when you're printing up just a lot of excess money to your earlier point.

But what a home does is they look for alternatives. So they don't shop at, I don't know, Whole Foods, they shop at Costco or Walmart or whatever. And I bet you didn't know, you can go to any site that sells gift cards on the planet and you could buy infinite amount of Uber gift cards to do Uber rides for 75 cents on the dollar. You can get 25% all your Uber rides just by buying gift cards.

But what a home does is they look for alternatives. So they don't shop at, I don't know, Whole Foods, they shop at Costco or Walmart or whatever. And I bet you didn't know, you can go to any site that sells gift cards on the planet and you could buy infinite amount of Uber gift cards to do Uber rides for 75 cents on the dollar. You can get 25% all your Uber rides just by buying gift cards.

But what a home does is they look for alternatives. So they don't shop at, I don't know, Whole Foods, they shop at Costco or Walmart or whatever. And I bet you didn't know, you can go to any site that sells gift cards on the planet and you could buy infinite amount of Uber gift cards to do Uber rides for 75 cents on the dollar. You can get 25% all your Uber rides just by buying gift cards.