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'Maxinomics' Explains Tariffs, the Space Race, Can the US Buy Greenland? And More

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Jan 20, 2025
Phil Andrews, creator of Maxonomics, dives into the surprising power of tariffs and their impact on the U.S. economy. He explores the changing dynamics of the space race and compares the fast-food giants, revealing why Chipotle outshines McDonald's in 'calories per dollar.' The conversation also touches on the future of the airline industry and whether Southwest can adapt to new challenges. Finally, they discuss the shifting demographics of the Sunbelt and its implications for the economy.
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INSIGHT

Greenland's Value

  • The U.S. could benefit from owning Greenland due to its resources and strategic importance.
  • Greenland's melting ice makes it increasingly valuable, similar to the Louisiana Purchase.
INSIGHT

Tariff Power

  • Tariffs are powerful tools controlling access to consumer markets like the U.S.
  • Low tariffs incentivize manufacturers to move outside the U.S., impacting domestic jobs.
ADVICE

Tariff Predictions

  • Expect President-elect Trump to follow through on his tariff proposals.
  • Be prepared for tariffs on various goods, but their exact impact is uncertain until implemented.
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