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The Jacob Shapiro Podcast
#245 - Bully Capitalism
Nov 15, 2024
The podcast dives into President-elect Trump’s cabinet picks and their potential impact on economic policy. It highlights the unexpected niche market for purified ice traded between Japan and the U.S. There's a provocative discussion on how the U.S. might use financial tactics, likening them to historical strategies. The hosts critique China's recent underwhelming stimulus announcement while exploring Japan's political landscape. They also touch on El Salvador's Bitcoin investments and the complexities surrounding the U.S. dollar's role as a global reserve currency.
01:01:31
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Quick takeaways
- The podcast explores how Scott Besant's potential Treasury Secretary candidacy may introduce aggressive economic strategies toward foreign allies.
- Jacob and Rob discuss China's reluctance to adopt direct consumer support in its economic stimulus, opting instead for debt management strategies.
Deep dives
Global Club CI Applications
The podcast highlights the impressive response to applications for Club CI, showcasing interest from various countries including Switzerland, Hong Kong, and Canada. The overwhelming number of applications indicates a wide geographic representation, which has been well-received by the hosts. They mention the intention to reach out to all applicants soon for scheduling calls, emphasizing their excitement about the club's growing community. There's a sense of anticipation for the upcoming selection process and potential discussions with new members.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode