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E104: FTX collapse with Coinbase CEO Brian Armstrong + election results, macro update & more
All-In with Chamath, Jason, Sacks & Friedberg
Do You Know What's Going to Happen in the Republican Party?
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The 2020 election cost the US $10 trillion and I think it because when the Democrats won Tipped the power in Senate to the Democrats. All this legislation for the last two years was passed including a Lot of the fiscal stimulus and spending that very likely may have faced significantly more opposition than could have been faced. And so I think one of the most important things that perhaps people don't Cognizantly recognize but feel in some way is that having a balance of power is really important in this country.
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