Speakers discuss a variety of political and economic current events. Topics include population loss in California and New York, inflation's impact on McDonald's, COVID-19 lockdown consequences, fentanyl production in China, and the conflict between Israel and Hamas.
Read more
AI Summary
AI Chapters
Episode notes
auto_awesome
Podcast summary created with Snipd AI
Quick takeaways
Prolonged school closures have had negative consequences on children's education and well-being during the pandemic.
McDonald's has seen a significant increase in revenue by implementing strategic menu price increases.
There are doubts about the accuracy of the CDC's reported COVID death toll, suggesting that the actual numbers might be significantly lower.
Deep dives
Buyers Remorse and Apologies
Scott Galloway expresses remorse for his support of stricter lockdown policies during the pandemic, acknowledging the negative impact on children's education. However, there is a call for accountability and an apology to those who were adversely affected by these policies.
$18 Big Mac Combo
McDonald's reports a 14% increase in revenue, attributing it to strategic menu price increases, with a branch in Darien, Connecticut charging $18 for a Big Mac combo. The company expects to raise menu prices by just over 10% for the full year, marking the second consecutive annual increase.
The Danger of Inflated COVID Death Numbers
Dr. Peter McCullough questions the accuracy of the CDC's reported COVID death toll, suggesting that actual deaths primarily caused by COVID may be around 10% of the reported numbers. He asserts that inflated COVID death numbers are artificially inflating the perceived dangers of the virus.
Overlooking the Impact of Lockdowns
Professor Scott Galloway acknowledges the negative consequences of prolonged school closures, particularly on the education and well-being of children. He urges a shift towards understanding and forgiveness, recognizing that policymakers were operating with imperfect information during the pandemic.
Andrew Cuomo calls for Democratic primary challenge against Biden
Former New York Governor Andrew Cuomo has called for a Democratic challenge against Joe Biden in the 2024 election, criticizing Biden's handling of allegations against him and expressing doubts about his strength as a candidate. Cuomo also called for a Democratic primary and criticized the slogan 'defund the police.'
Turkish President Erdogan threatens to declare war on Israel
Turkish President Erdogan has threatened to declare war on Israel and send military to Gaza. He referred to the bombing of Pearl Harbor and the terrorist attack of 9/11 as he criticized Israel for war crimes and framed Hamas as freedom fighters.
Today on the PBD Podcast, Patrick Bet-David, Tom Ellsworth, Vincent Oshana, and Adam discuss a wide variety of political and economic current events.
Purchase Tickets to the RFK Live Event Here:
https://bit.ly/3tZqJog
Connect With Experts On Minnect: https://bit.ly/48Yu1Yy
Visit our website:
https://valuetainment.com/
Subscribe to our channel: http://bit.ly/2aPEwD4
Subscribe to:
Adam Sosnick - @vtsoscast
Vincent Oshana - @ValuetainmentComedy
Tom Ellsworth - @bizdocpodcast
Want to get clear on your next 5 business moves? https://valuetainment.com/academy/
Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL
Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N
Text: PODCAST to 310.340.1132 to get the latest updates in real-time!
Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller Your Next Five Moves (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.