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E57: Understanding Omicron, tech stocks plummet, VC's great resignation, Jack Dorsey's departure
All-In with Chamath, Jason, Sacks & Friedberg
The Stock Market Is a Lagging Indice, Right?
I think what happens in the stock market is absolutely irrelevant. The centralization was this just in time, you know, single supply chain, single point of fiil, youre existence. And if you look inside of china, the thing that they want more anything else is to become even more centralized. We have massively under invested in the level of intra structure we need. Inflation is now here. I think it's here to last. This is the real reason why we're going to have a few years of pain and so money losing, unprofitable businesses selling future goods or services will be sold off within ten years. Some people will buy them, but i won't.
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