Scott Galloway
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Podcast Appearances
And neither is willing to have a serious conversation. The best the Democrats will do will say, at some point when I interviewed Leader Jeffries with Jess, he said, well, at some point we should probably have that conversation. But no Democrat will stand up and say, we probably need to means test Social Security. The only person I've found who's being kind of responsible is Senator Chris Murphy.
And neither is willing to have a serious conversation. The best the Democrats will do will say, at some point when I interviewed Leader Jeffries with Jess, he said, well, at some point we should probably have that conversation. But no Democrat will stand up and say, we probably need to means test Social Security. The only person I've found who's being kind of responsible is Senator Chris Murphy.
And neither is willing to have a serious conversation. The best the Democrats will do will say, at some point when I interviewed Leader Jeffries with Jess, he said, well, at some point we should probably have that conversation. But no Democrat will stand up and say, we probably need to means test Social Security. The only person I've found who's being kind of responsible is Senator Chris Murphy.
He's actually naming programs we need to take a hard look at. But this is a transfer of wealth.
He's actually naming programs we need to take a hard look at. But this is a transfer of wealth.
He's actually naming programs we need to take a hard look at. But this is a transfer of wealth.
Oh, the bond market is saying that this irresponsible fiscal behavior means that lending money to U.S. companies and to the U.S. government is is now riskier, meaning that you need to get paid more to take that risk. And effectively what you have is the bond, the 30 years treasury is at 5.09%, and that's the greatest or the highest it's been since October 23.
Oh, the bond market is saying that this irresponsible fiscal behavior means that lending money to U.S. companies and to the U.S. government is is now riskier, meaning that you need to get paid more to take that risk. And effectively what you have is the bond, the 30 years treasury is at 5.09%, and that's the greatest or the highest it's been since October 23.
Oh, the bond market is saying that this irresponsible fiscal behavior means that lending money to U.S. companies and to the U.S. government is is now riskier, meaning that you need to get paid more to take that risk. And effectively what you have is the bond, the 30 years treasury is at 5.09%, and that's the greatest or the highest it's been since October 23.
And this impacts, this means you're paying more for your student loans, your credit cards, your mortgages, and companies are less inclined to borrow money to grow because it's more expensive. In other words, everything everywhere gets a little bit more expensive. Now, that's okay if you're the 5% getting a huge tax credit because I don't have student loans.
And this impacts, this means you're paying more for your student loans, your credit cards, your mortgages, and companies are less inclined to borrow money to grow because it's more expensive. In other words, everything everywhere gets a little bit more expensive. Now, that's okay if you're the 5% getting a huge tax credit because I don't have student loans.
And this impacts, this means you're paying more for your student loans, your credit cards, your mortgages, and companies are less inclined to borrow money to grow because it's more expensive. In other words, everything everywhere gets a little bit more expensive. Now, that's okay if you're the 5% getting a huge tax credit because I don't have student loans.
My mortgage, if it goes up 25 bps, that still will be overcompensated by the tax cut that I will get. But the bottom 95% see their taxes go up and see an increase in costs across their debt instruments and their kids. are really gonna have a tough time because the fastest growing expense line in the government budget right now is the interest on our debt. It's not investing in infrastructure.
My mortgage, if it goes up 25 bps, that still will be overcompensated by the tax cut that I will get. But the bottom 95% see their taxes go up and see an increase in costs across their debt instruments and their kids. are really gonna have a tough time because the fastest growing expense line in the government budget right now is the interest on our debt. It's not investing in infrastructure.
My mortgage, if it goes up 25 bps, that still will be overcompensated by the tax cut that I will get. But the bottom 95% see their taxes go up and see an increase in costs across their debt instruments and their kids. are really gonna have a tough time because the fastest growing expense line in the government budget right now is the interest on our debt. It's not investing in infrastructure.
It's not social services to keep seniors out of poverty. And this is how nations fail. Nations don't fail because they get invaded. They fail because they go broke.
It's not social services to keep seniors out of poverty. And this is how nations fail. Nations don't fail because they get invaded. They fail because they go broke.
It's not social services to keep seniors out of poverty. And this is how nations fail. Nations don't fail because they get invaded. They fail because they go broke.
Well, it is a big moment in business history because this is now the most expensive acqui-hire of all time at $6.5 billion. And at just 55 employees, that's 120 million per employee. Actually, no, the biggest, number three was Instagram. I think it was 20 people, billions of 50 million. This is now, I was wrong, this is now number two and $120 million per employee.
Well, it is a big moment in business history because this is now the most expensive acqui-hire of all time at $6.5 billion. And at just 55 employees, that's 120 million per employee. Actually, no, the biggest, number three was Instagram. I think it was 20 people, billions of 50 million. This is now, I was wrong, this is now number two and $120 million per employee.