1min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E97: SPAC updates, public/private market overview, Putin's end game & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

What's the Difference Between the US and Russia?

When things are going great, the economy is booming. You don't start a conflict with a nation when people are happy at home. And the unemployment rate is low and job wage growth is high. The economy is growing. How you're referring to the United States or Russia in this case? I'm referring to the US. It felt like at the end of last year, you guys remember, I thought like conflict was likely this year. But if you look historically, the US has often been in the middle of or at the tail end of some either recessionary cycle or inflationary cycle when conflict escalated externally.

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