E72: Impact of sanctions, deglobalization, food shortage risks, macroeconomic outlook and more
All-In with Chamath, Jason, Sacks & Friedberg
All-In Podcast, LLC
4.0 • 10.4K Ratings
🗓️ 19 March 2022
⏱️ 75 minutes
🧾️ Download transcript
Summary
2:39 Understanding where all sides stand in the Russia/Ukraine War three weeks in
15:21 Sanctions risking a major food shortage: possible solutions, how we got here, creating distributed manufacturing and supply chains, capitalist incentives flipping
34:59 Breaking down the second- and third-order effects of the massive sanctions on Russia; best case/worst case outcomes for this new form of economic warfare, deglobalization
49:26 US economy big picture outlook: inflation, rising rates, decreasing uncertainty potentially a bullish sign in public markets; how that flows to private markets
1:02:06 Rewriting foreign policy playbooks
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Referenced in the show:
https://www.nytimes.com/2022/03/16/us/politics/russia-troop-deaths.html
https://www.axios.com/zelensky-russian-invasion-ukraine-ea623eb5-4a14-4458-9640-af981081e4a4.html
https://twitter.com/davidfrum/status/1504601558184517637
https://uscnpm.org/2022/03/12/hu-wei-russia-ukraine-war-china-choice/
https://www.washingtonpost.com/national-security/2022/03/16/ukraine-zelensky-information-war/
https://twitter.com/RichardHanania/status/1504824837964926981
https://twitter.com/ClintEhrlich/status/1504618754784735232
https://www.ft.com/content/7b341e46-d375-4817-be67-802b7fa77ef1
https://www.eia.gov/outlooks/steo/images/Fig4.png
https://www.marketwatch.com/investing/future/cu22
https://twitter.com/ianbremmer/status/1504214235114577926
https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm
https://www.cnbc.com/2022/03/10/there-are-more-than-11-million-open-jobs-in-america-right-now.html
https://www.nytimes.com/live/2022/03/16/business/fed-meeting-interest-rates
https://twitter.com/DavidSacks/status/1503989745939980292
https://www.bbc.com/news/world-europe-26079957
https://theintercept.com/2022/03/15/ukraine-russia-war-sovereignty-negotiations/
https://www.cnn.com/2021/09/01/politics/ukraine-volodymyr-zelensky-biden-white-house/index.html
https://www.state.gov/u-s-ukraine-charter-on-strategic-partnership/
https://www.amazon.com/Changing-World-Order-Nations-Succeed/dp/1982160276/
Transcript
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| 0:00.0 | I now have a chief of staff. He's pretty great. He's worked for me for a while and he's doing a great job |
| 0:04.4 | But it's actually really helped. I will say that and then I started a family office. Wow congrats |
| 0:09.6 | What does that mean you have a place in your home that you call an office? |
| 0:14.4 | You know like the great-grandpa you were fidgeting right? Is it office? Is that some family office? Yes |
| 0:19.0 | The family goes in there to talk about office time |
| 0:21.0 | Where does Jade put the stickies? I'd say we're out of granola bars in the fan office |
| 0:43.1 | Hey everybody welcome to another episode of the all-in podcast episode 72 part do with us today |
| 0:50.4 | Again the Prince of panic attacks the Sultan of science David Friedberg |
| 0:59.3 | Yes, Ed also Zephyr of Ziloft |
| 1:03.8 | And also as you're hearing cackling the Duke of degeneracy |
| 1:07.8 | The dictator himself from Bob Bolly Hoppati and of course everybody's favorite the rainman himself the drunk history channel uncle |
| 1:17.6 | David sacks |
| 1:18.9 | I mean David I follow you on Twitter. You're tweeting 50 times a day. Oh, I was thinking the same thing when do you work? |
| 1:26.7 | What has happened to you you you won't meet with startups anymore? I bring you startups you say you know what? |
| 1:31.3 | I'm no longer gonna meet with you like stuck in your room. I just I don't do first meetings |
| 1:36.7 | That is the end of your career. No, no mistake |
| 1:40.6 | No, it preserves it preserves my energy. There's nothing more draining than endlessly spending your day in first meetings |
| 1:46.0 | No, why don't you just have a short first meeting like a 15-minute first meeting? Well, that's what you know |
| 1:50.8 | We have a team for is that love it |
| 1:53.6 | They don't because we know exactly what we're looking for sass investing is very metrics driven and so the first meeting |
| 1:59.4 | That's exactly so it's like |
| 2:01.7 | You know the first meeting we just find out do they meet our basic threshold for love it for growth and yeah exactly |
... |
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