
Fareed Zakaria GPS The Epstein Scandal and the MAGA Base; What Happens When the A.I. Bubble Bursts?
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Nov 23, 2025 Adrienne LaFrance, Executive Editor at The Atlantic, explores the ramifications of the Jeffrey Epstein scandal on MAGA's loyalty to Trump. She discusses how conspiracy theories are rooted in anti-establishment sentiments. Ruchir Sharma, Chairman of Rockefeller International, dives into signs of an AI bubble, identifying overvaluation and economic risks. He predicts mixed outcomes for people if the bubble bursts. The conversation touches on the fragility of public trust in AI and what might trigger a market downturn.
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Conspiracies Thrive From Powerlessness
- Conspiracy belief springs from powerlessness and anti-establishment predisposition, not strictly ideology.
- Republican leadership now includes conspiracists which normalizes conspiratorial politics.
Epstein Fuels, But May Not Break, MAGA Loyalty
- Epstein revelations validate public suspicion that elites cover up wrongdoing and secret networks exist.
- The key fracture is whether disclosures implicate Trump personally or can be dismissed by his defenders.
Four O's Describe The AI Market Bubble
- The US market shows four bubble signs: overvaluation, overinvestment, leverage, and over-ownership.
- AI investment mirrors 2000's excess but with far faster acceleration and more household exposure to stocks.












