Paul Krugman

And then 10 miles down the road is desolation.

Don't have an answer for that.

I mean, and to just say, well, people should move.

Well, people don't want that.

They live where they live.

Yeah, and even if they do, even if they do move, something is lost.

You have a community.

Yeah, it's gone.

And that's, again, the kinds of things that you can't, that are really, really hard to fix.

Okay, so if somebody would just make our current administration just shut up and not do very much, then I think 2025 is going to be a very good year.

And that may be how it plays out.

It's kind of looking like a lot of stuff is going to be blocked or backed off.

But I don't know that.

In fact, I might be able to give you a better answer tomorrow.

when we find out whether Trump actually does those tariffs on Canada and Mexico.

Right.

But so the big risk points, I am worried about overvaluation in tech, but the big risk points for the U.S.

are tech trade wars and deportation, because deportation, we haven't talked about at all, but that is something that I really worry can spin out of control.

And

become enormously disruptive.