Breaking Points with Krystal and Saagar

3/16/23: US Pushes Tik Tok Sale For National Security, Stock Chaos, "Lehman Moment", Jamie Dimon Bailout Meetings, Neocons Attack Trump/Desantis on Ukraine, Michigan Rolls Back "Anti Union" Law, The Fed Must Be Stopped, Biden's Controversial Ambassador

Mar 16, 2023
The U.S. pushes for a TikTok sale, raising national security concerns in a turbulent climate. Jamie Dimon's meetings reveal cronyism amid bank bailouts, while the banking system faces a 'Lehman moment'. Neocons clash with Trump and DeSantis over Ukraine, and Michigan rolls back anti-union laws. Controversy brews around Biden's pick for ambassador to India, Eric Garcetti, amid serious allegations. The discussion critiques wokeness and emphasizes the need for labor rights and a reevaluation of The Fed's role in economic stability.
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INSIGHT

TikTok Sale Pushed

  • The Biden administration is pushing for TikTok's sale due to national security concerns.
  • This marks a shift from their previous negotiation strategy.
INSIGHT

Forced Sale Challenges

  • Sagar Enjeti is dubious about a forced sale succeeding due to several factors.
  • These include the need for Chinese regulatory approval and ByteDance's pride in TikTok.
INSIGHT

Corporate Incentives for TikTok Ban

  • Krystal Ball suggests the Biden administration may have corporate incentives to ban TikTok.
  • This is because TikTok competes with major U.S. tech companies.
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