The podcast delves into the intense race between the US and China for AI domination. It explores the strategic importance of AI as a national asset, challenges faced by Chinese tech companies, Chinese government support for AI development, and the impact of semiconductor export restrictions on China's AI progress. The conversation also highlights the vibrant Chinese open source community, comparing US-China tech policies, and the necessity for nations to establish their domestic AI prowess.

JD Vance discusses how US dollar dominance may not benefit America, with Matthew C. Klein. They explore drawbacks of the dollar's strength, its impact on the US economy, and potential policy measures. The podcast also covers trade policy, effects of aggressive tariffs, and historical context of US trade policies.

The podcast delves into the housing shortage in the US and how Federal Reserve rate hikes impact construction. Jim Millstein presents a plan for Fannie Mae and Freddie Mac to enter construction finance, potentially creating hundreds of thousands of new affordable homes annually.

Stephen Roach, former chairman of Morgan Stanley Asia, warns of disaster from the US 'Sinophobic' China policy, predicting a new Cold War with increased risk of conflict. Discussion includes parallels between US-Japan trade tensions in the '80s, impacts of trade deficits on US-China relations, and analysis of China's economic policy under Xi Jinping.

James van Geelen, Citrini Research founder, discusses thematic investing in AI, water, and election-related portfolios. Touches on market uncertainty, privacy concerns in tech, and second order thinking in thematic investing. Explores future of AI technology and balancing price and narrative in investing strategies.

Nobel Prize-winning economist Joseph Stiglitz discusses incentivizing firms to invest in more resilient supply chains. They explore the challenges of just-in-time production, the need for long-term thinking, and policy measures for economic resilience. The conversation also touches on de-globalization effects, redefining economic success beyond GDP, and promoting positive book reviews.

Warren Mosler, the godfather of MMT, discusses the risks of high government debt, high deficits, and orthodox inflation-fighting methods. He argues that interest rate hikes can be inflationary, leading to sustained inflation. The episode delves into the impact of interest rates on the economy, government spending, and fiscal policies.

Lumber expert Stinson Dean discusses the recent crash in prices, factors affecting the market, and survival tactics for lumber mills. Insights into repair and remodel sector impact, challenges in the building supply industry, business diversification, and labor market dynamics are also explored.

Discover how Brazil nurtured Embraer into a global aerospace giant. From its strategic decision-making and branding choices to the challenges faced by Bombardier. Learn about the political landscape of Brazil that enabled Embraer to thrive and how it impacted the country's industrial development. Explore the company's success, privatization, and economic impact on Brazil's economy.

Brad Jacobs, an experienced entrepreneur in the building supplies industry, discusses his $4.5 billion investment to reshape the sector. He shares insights on his acquisition strategy, the role of technology, and his plans for the future of his company. Jacobs also explores trends in the building supplies industry and reflects on his past experiences in acquiring companies.