Breaking Points with Krystal and Saagar 11/24/22 FULL THANKSGIVING SHOW ROUNDUP!
Nov 24, 2022
Guest
James Lee
Guest
Khalid Al Jabri
Guest
Len Harris
Guest
Maximillian Alvarez
Guest
Matthew Cunningham-Cook
Matthew Cunningham-Cook discusses the financial risks public pension funds face from high-risk investments and the lack of transparency in this domain. Maximilian Alvarez and Len Harris share insights on the impactful unionization efforts at Starbucks, revealing the challenges and resilience of workers. Khalid al-Jabri critiques the Biden administration's controversial decision granting MBS immunity. Lastly, James Lee examines the ethical implications of artificial intelligence, urging listeners to consider its effects on society.
AI Snips
Chapters
Transcript
Episode notes
Public Pension Risks
- Public pensions investing in private equity face a reckoning due to market downturns.
- Lack of transparency and high fees amplify losses, impacting workers like firefighters and teachers.
CNN's Trump Coverage
- CNN's new chief, Chris Licht, wants to change how they cover Trump, avoiding "outrage porn."
- He aims to focus on consequential actions, like a coup, amidst the noise.
Six-Figure Income for Housing
- A six-figure income is now needed to afford a typical U.S. home due to increased mortgage rates.
- High rates disincentivize moving and building, worsening affordability.