0:00 Besties discuss the one-month hiatus
7:03 Markets update: Fed decisions, goals, macro factors, root causes
32:19 Earnings estimate skepticism, labor force, job openings
47:17 How startups should think about the next 18-36 months
56:20 Crypto collapse, next shoe(s) to drop
1:08:41 Russia/Ukraine endgame, escalation, scrutinizing US alliances, sanctions failing
1:33:12 Will 2024 be Biden vs. Trump? Could it be DeSantis vs. Newsom?
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https://linktr.ee/calacanis
Tweets by DavidSacks
Tweets by friedberg
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https://linktr.ee/allinpodcast
Intro Music Credit:
https://rb.gy/tppkzl
Tweets by Yung_Spielburg
Intro Video Credit:
Tweets by TheZachEffect
Referenced in the show:
https://www.google.com/finance/quote/SPY:NYSEARCA
https://www.google.com/finance/quote/.DJI:INDEXDJX
https://www.cnbc.com/2022/06/10/consumer-price-index-may-2022.html
https://www.longtermtrends.net/home-price-median-annual-income-ratio
https://www.cnbc.com/2021/06/09/tc-energy-terminates-keystone-xl-pipeline-project.html
https://www.reuters.com/business/energy/us-talks-with-allies-russian-oil-price-cap-says-yellen-2022-06-20/
https://www.xe.com/currencycharts/?from=RUB&to=USD&view=1Y
https://www.wsj.com/articles/inflation-bls-price-checkers-who-determine-cpi-11652132333
https://www.chicagofed.org/research/dual-mandate/dual-mandate
https://data.oecd.org/leadind/consumer-confidence-index-cci.htm
https://www.rasmussenreports.com/public_content/politics/top_stories/right_direction_wrong_track_jun20
https://www.linkedin.com/pulse/reducing-inflation-come-great-cost-stagflation-ray-dalio
https://fred.stlouisfed.org/series/CIVPART
https://tradingeconomics.com/united-states/job-offers
https://www.socialcapital.com/ideas/2021-annual-letter
Tiger Global, hit by $17B in hedge fund losses, has nearly depleted its latest VC fund
https://www.coinbase.com/price/bitcoin
https://www.coinbase.com/price/ethereum
https://www.coindesk.com/business/2022/06/17/three-arrows-capital-confirms-heavy-losses-from-lunas-collapse-exploring-potential-options-report
https://www.ft.com/content/19c27ae1-ae72-4668-b3a9-162adc27dffc
https://decrypt.co/103489/solend-whale-108m-loan-nearly-crashed-solana
https://www.justice.gov/usao-sdny/pr/former-employee-nft-marketplace-charged-first-ever-digital-asset-insider-trading-scheme
https://www.ft.com/content/4e211784-83eb-49a2-ba39-8976345a88d5
https://www.washingtonpost.com/world/2022/06/10/ukraine-ammunition-donbas-russia/
https://www.americanpurpose.com/blog/fukuyama/why-ukraine-will-win/
https://www.bloomberg.com/news/articles/2022-03-02/london-listed-russian-stocks-erase-570-billion-in-two-weeks
https://www.bloomberg.com/news/articles/2022-06-20/ruble-soars-to-seven-year-high-in-challenge-to-bank-of-russia
https://www.cnbc.com/2022/06/23/russias-ruble-is-at-strongest-level-in-7-years-despite-sanctions.html
https://www.wsj.com/articles/u-s-push-for-exceptions-in-europes-sanctions-on-russian-oil-gains-traction-11655913796
https://abcnews.go.com/International/wireStory/correction-germany-nuclear-shutdown-story-82051054
https://www.bloomberg.com/news/articles/2022-06-23/catl-unveils-ev-battery-with-one-charge-range-of-1-000-kms
https://nymag.com/intelligencer/2022/06/why-ron-desantis-can-beat-trump-in-2024.html
#allin #tech #news
37 Comments
Can we have a full episode on the view of you guys on China and India ?
Where are all the Chamath fans at?
Always time well spent listening to you guys banter and discuss. Keep on keeping on. H
In a number of ways, this may be the best pod the besties have cast yet…
These guys are weird besties. But maybe this is what the besties of 2022 looks like. Besties with Vesties ©. 4 years, with a 1 year cliff.
I'm certain that if viewers were to be polled, 80% at least would choose Friedberg over Jcal.
Jcal is the weakest link and quite narrow minded. Also lower IQ than the rest.
It's a miracle the other 3 hang out with him to be honest.
I would def vote for him to be kicked out and one of those other guys be brought in.
I believe that the fear and greed index with a new low value of 6 reflects how the crypto market reacts to a full blown recession. Yes, there were crypto bear markets in the past, either caused by regular cycles or extraordinary events such as COVID, but we never experienced a true economical recession in the crypto market. Keep in mind that crypto market is just another financial market (meaning that is 100% dependent on major macro economic events) and is more volatile than other markets (which is a good thing, cause that offers long term opportunity to get rich in an extended timeframe meaning buying like crazy during these times and selling at the peak of the next bull market – whenever that may be). The only "catch" is that you must NOT buy speculative cryptos (aka sh*tcoins), but the biggest, most "boring" coins right now (BTC, ETH, BNB) with big utility and market cap that will not go to 0 until the end of this bear market. I buy and just trade long term more than ever, I have made over 16` btc from day trading with Judith Sherwood Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish. Technical analysis is my second languageYou can reach Judith on ͲeIєɠɾαm👉JUDITHSHERWOOD
Sacks is way off base on the whole Lithuania thing. They didn't just decide to ban transit out of the blue. It was announced by EU 3 months ago as part of the original sanction package, banning transit of Russian goods through the territory of the EU. Russians just chose to ignore it, because they thought that the whole thing would blow over by this point. And when they received a reminder that these sanctions are going into effect, they acted all surprised as if this was some new development…
Oh and this is not at all a blockade. There are water and air routes available. They are just not as economical for the aggressor. So yeah, inflicting financial pain on the belligerents and making them spend extra resources on internal transportation does achieve the objective of taking those resources away from their war effort.
J Cal need to get over himself.
The boys are back!
This is the most epic of most epic intros in the history of humanity.
Guys, did you noticed, Elon's All in Pod got like over 2mil views…Well done..
I'll send you guys coal for Christmas
Greta. How dare you. Hahah
It’s gas ⛽️ prices and supply chain stupid . Once that is solved we will have deflation !!!!! And MMT will come back and negative rates and Trump will be back . Open oil spigots , stop the war make peace !! And china Open up economy . Deflation and prosperity !!’
Money velocity is even slower than ever . Inflation is transitory only while Biden is in power and war continues!!!!
When discussing the Russian companies which were wiped out (98% / 500M) on the London exchange how does Russia become the benefactor? If the shares cannot be traded, then how were the Russian's buying them back? Are they not still outstanding? Were the shares literally removed from Westerners portfolios without permission, and if so, how did they find their way to the Russian's if the shares could not be traded?
The Nazi killed 16,000 In Dombass over 8 years.
I would pay to hear Friedberg talk, uninterrupted, weekly. A decentralized professor who shares gold.
The Norsteam 2 pipeline is connected to Germany 🇩🇪 how long do you think the people are going to go cold knowing that cheap heat is only a turn of a valve away
$8.00 Diesel ⛽️
You think BTC is bad.
Just wait. Implosion
Trucks bring goods to stores.
Not Fiats. I got to see 6 ft 2 in Chamath billionaire in a fiat 300e. Haha. That is so funny. Beautiful house. Beautiful sweaters.
Jcal Is like Zelensky. He needs to stop whining like a little girl. The show is great because everyone has amazing strengths. Keep it up!!
Robots is the answer to inflation oversupply of goods while employment drops massive deflation . Elon and AI and robots is the solution . Tesla is sooo far ahead of the curve .
Part of solution 2 jobs and lower expenses once cards are maxed out or chapter 11
99% of these cryptos are ponzis which is taking liquidity from #Bitcoin . We need to destroy Etherium + other top "assets" increase dominance and we'll all be happier for it.
Friedberg’s suggested of how the Federal Reserve should work is brilliant! Change the tools, not the mandate.
Jason – I think you are wrong about EV batteries. You are correct that they are good enough – but it is extremely important that the US keep up with the innovations over time. What China just announced is a MAJOR step forward for both chemistries. Many more batteries are needed for energy than cars. It will be impossible to compete against better and cheaper technologies going forward if we don't keep up.
Welcome back..
Pssst, Polish here, tip for you smarties – no one in Europe wants you Americans in Eurasia …except the UK, Poland, Ukraine and Baltic States. Definitely not Germany, France, Russia, not to mention China. What about Middle East? Same. Who would you trade with if kicked out of the largest continent? Also Taiwan, Japan, Philippines and Australia are watching how you deal with your alliances in Europe. Perhaps it is worth to give up on Americans if they do not back up their friends? Just under your consideration. Ciao.
Sachs keeps talking about the Keystone Pipeline but it would do nothing for US energy independence. It would take Canadian tar sands oil and send it to Mexico.
The prices from many grocery stores are online. They can be monitored in real time.
muh precious liquidity aside, china internet tech looking ripe; while everything else made new lows in may china tech / internet has been bottoming since lows in March fwm
Big C used to be my guru but these days i prefer to fade my boy…sorry i had to do it to ya C. more than likely a bottom is in for a lot of tech. bitcoin is getting railroaded by all these floundering shitcoin boilerooms (3ac, celcius etc etc) and could see another liquidation but we should be close there too. next cpi shows roll over, fwm
Chamath is completely mischaracterizing the battery hype from CATL, it's not a game changing breakthrough and the range claims have yet to be proven in the real world nor will they be for some time if at all.
I'd choose Friedberg over Jcal anyday! No self-advertisement (Robinhood CEO episode fuck-up) and no grimy behaviour.