ICE Chaos in Minneapolis, Clawdbot Takeover, Why the Dollar is Dropping
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What were the key highlights from the Davos recap?
All right, everybody, welcome back to the all in podcast, your favorite podcast, podcasters favorite podcast. With me again, the original quartet is here. Shamath Palihapitiya in just an absolutely fabulous winter sweater, January. Looking great. Look at the size of those buttons. Huge buttons. How many rhinos died to provide those buttons?
Zero. How many rhinos?
Zero rhinos.
What caused the ICE chaos in Minneapolis?
I'm a simple man. I live by simple means. Okay. Beautiful. Beautiful. And... You're Sultan of Science. David Friedberg. What's the background here? Is that a Melancholy and Infinite Sadness background? I'm trying to figure it out.
Jake, we don't talk about my backgrounds. Thank you.
It looks like Melancholy and Infinite Sadness by the double album by the amazing band Smashing Pumpkins. Am I close? Or is it the original artwork of that?
Don't talk about my backgrounds.
You don't talk about your backgrounds. I don't talk about your background. Wow, give me so much... Giving me so much to work with here. Luckily, I have my straight man, my brother in arms, my Davos party crashing partner, David Sachs.
I got you your first invite to something elite and exclusive.
I mean, I got invited to go 25 years ago. They just wanted 50 dimes. But we had a fun time. Yeah, we had a good time. We had a good time. Uh, any, uh, post Davos W E F impressions. We had a lot of interesting meetings. So most of which I don't think we can talk about on air, but, um, yeah, it was, it was an interesting, uh, interesting event.
We were staying in a log cabin that was like 300 years old. The ceilings were like six feet high and the door frames were like five feet high. So bumped our heads a couple of times. Yeah.
What were the reactions to the recent deaths in Minneapolis?
It was pretty crazy.
It was brutal.
I mean, yeah.
It looked good on the web. The photos of the place looked amazing.
The Airbnb photos look great.
Yeah. But I think you need to be inside the circle. You need to be inside the thick of it, not driving in every day. But it was a distinctly different Davos. We've mocked Davos here for many years. But this one was a business takeover and a Trump takeover.
Correct.
Chamath, you would have loved it. It was 1.5 days of everybody hand-wringing of what Donald Trump would say when daddy got there. Then for the 75 minutes daddy gave his talk, the entire city shut down. Everybody ran to a television set. Then for the next 1.5 days, everybody talked about what Trump said.
Basically. I think there are two really big differences with Estavas, based on what I heard, because this is the first time I've attended. One is it was much more business-centric. And then second, there were a lot more Americans there, a much bigger American presence. And I think that that owes to the fact that President Trump gave a major speech there. And I think it was Larry Fink, who's chairman of the whole thing now, who sort of orchestrated that.
What factors are contributing to the de-dollarization trend?
And he wanted to get President Trump there. And I think he's pushed for them to be a little bit more business centric. And it feels like they're catering a little bit less to kind of boutique European political issues, although that's clearly a big part of it. I would say in terms of memorable moments, a big one was, I'm only going to talk about this because I think it was publicly reported, otherwise I wouldn't bring it up, but there was this opening night dinner. And so Larry Fink calls on like five people to give little speeches. And the last one he called on was Howard Ludnick, our Secretary of Commerce. And Howard just goes up there and he just starts dropping truth bombs on them. And again, he said all of this on the record in his remarks at Davos, I think either that day or the next day.
So again, I'm not talking out of school.
What are the implications of the California governor race?
It was all stuff that he said. But basically, he said to like all the Europeans, he said, look, I've been coming here for 30 years and you guys have completely failed. You've wrecked your economies with all this net zero stuff and climate change and energy. And he just started blasting on that. And then all the open border stuff. He really let them have it. I mean, he was really the truth.
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Chapters
6 chapters
1
What were the key highlights from the Davos recap?
0:00–0:26
2
What caused the ICE chaos in Minneapolis?
0:26–1:48
3
What were the reactions to the recent deaths in Minneapolis?
1:48–3:04
4
What factors are contributing to the de-dollarization trend?
3:04–3:58
5
What are the implications of the California governor race?
3:58–6:21
6
How could the California governor race affect future elections?
6:21–1:29:49
Speakers
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