Economic Warfare: The New Battlefield

This chapter examines the evolution of modern warfare, shifting from traditional military confrontations to economic strategies amid the Russia-Ukraine conflict. It explores the impact of sanctions and economic decoupling on global markets, highlighting the urgency of balancing geopolitical maneuvers with humanitarian concerns. The dialogue reflects on the interconnectedness of global economies and the long-term ramifications of these new forms of conflict.

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Episode notes

0:00 David Sacks: Man for the people

0:50 Escalating tensions over Russia/Ukraine; nuclear scare; evolving forms of warfare

16:27 Assessing impact of economic sanctions: first, second and third-order effects; exit ramps for Putin and Russia

34:23 Reflecting on if taking NATO expansion off the table would have prevented war; Putin's risk of ruin; lessons learned so far

46:12 New version of economic warfare; possibility of a regime change; comparisons to the Cuban Missile Crisis; realist vs. idealist; lessons for Taiwan

1:05:22 Market impact, increased volatility, thinking in decades, managing risk

1:19:22 Car T-cell therapy breakthroughs and approvals; CRISPR patent controversy; Sacks makes a final point

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