Hello, folks and welcome to Slate Money, your guide to the Business and Finance News of the Week.

I'm Felix Salmon of Bloomberg.

I'm here with Elizabeth Spires of The New York Times and Emily Peck of Axios with a special episode of Slate Money devoted to

Hot Takes. Hot Takes. This episode is going to fly off the shelves like Hot Takes.

Anyway, we are going to have a whole episode this week

devoted to the spiciest takes of 2025. It was a year full of pretty hot takes. I have managed

to wander around the Bloomberg newsroom and find some people here with some spicy takes. We also have a Slate Plus

segment with Elizabeth Spires talking about the thing that set us all off on this path,

which was this idea that $140,000 is the new poverty line. It's all coming up on Slate Money.

So, Emily, I feel like you in your research for this episode managed to find not only the

most fire take of the year, but possibly the most firetake of the decade.

In like a reply tweet that Elon replied to Ray Dalio? Yeah, so, okay. So we are in this

episode going to talk about the most hottest, fieriest takes, things that defy the conventional

wisdom that all got us all heated this year. And right before we were coming in to tape the day

before Ray Dalio made news because he and his

wife donated to the Trump accounts, which we've talked about before.

I think it's $250 per kid in his state of Connecticut.

So he tweeted about this and Elon Musk replied, it is certainly a nice gesture of the

Dells because the Dells were the first to make

the donation. And here's the take. Brace yourself. But there will be no poverty in the future.

And so, no need to save money. There will be a universal high income. And Felix said this was the

hottest take of the year. So Felix, explain. Okay, so like on a spiciness level,

...