Prof G Markets: Tariffs Blocked by Court, U.S. Steel’s Golden Shares & Neuralink’s Funding Round
The Prof G Pod with Scott Galloway
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Steel Deal Dynamics
This chapter analyzes the implications of the recent acquisition deal between U.S. Steel and Nippon Steel, facilitated by President Trump's endorsement. It critiques the political motivations behind opposition to the deal and addresses the role of government oversight through a 'golden share' provision. The discussion also highlights the potential impact on employment, the dangers of government intervention in the market, and the necessity for allowing businesses to fail in order to foster competition and innovation.
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