E76.5: Food shortage, China's grand plan, inflation, French election plus an All-In Summit preview
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right? what? Oh, I turn this again, aren't listen, it's a two part. You you listen to the first part. Now this is the second part, episode seventy six point five, if you will.

This is our first ever two party part two of our two partner already listen to part one of episode seventy six. That's elon and twitter. Lots of details there.

And now we're going to cover some more topics, including the global food crisis, chinese plan, the stock out budget, food geopolitics, well around the horn, french election, germany eeta. And they were going into details about a little bit of the drama and details pageant, party, poker, all the good stuff of the all in summit coming soon. Okay, enjoy the shopping, but see.

Man, give.

We sources to the fans .

and just got.

There's a still a war raging, but I wanted to get update from freeburg on the food crisis, which he um predicted very early. Fertilizer Prices are still climbing like crazy. This been some food riding in china, which I think is a separate oho educators in a military locker.

So what is your theory of what we're gonna do from here freeburg? Because I think we're all waiting for this shoot drop. And I think you predict that this is something that we would experience into the fall and into next year.

so you can actually .

see these food riots occurring. And then as china's food .

rights have been adding to do with this, or I SE food rides qui related got, but we're definitely, uh, you know I I think I mentioned last week the U. S. D.

A planting report showing in the U. S. How accurate is being reduced on corn. And and and we're seeing this around the world where acres are coming out of production or less fertilizers being used, which means less food being made. Everything that we predicted, I mean, this is a slow train, a titanic into the iceberg that we're watching right now, and it's going to continue for nine to eighteen months.

So you know, one of the questions that people are now asking, which I said you know, would become a really critical next step in this crisis, is how are we gone to bridge the gap in calories? Where's the food you going to come from? And how are we gona feed nations that are almost entirely dependent on imports that are running out of food or out of food? So i've mentioned this in the past, the whole world runs on a ninety day food supply, which means roughly twenty five percent of the worlds calories or in storage right now but that's not the case uniformally.

So some countries like tunisia, somalia, ethiopia a have closed to zero calories and storage. Some countries um like uh united states are roughly in thirty forty percent of our you know annual consume calories are sitting in storage. China is a complete out wire.

For years china has been stockpiling food and at this point china has one hundred and fifty percent of their annual consumption of food in storage. So they have supplies that if all food production and imports stopped in china, they would be able to feed their population for one and a half years. That's an incredible supply of food.

So you look around the world to places like ronda and places like somalia. They are struggling to figure out how we are going to bridge this gap on calories that's about to hit us. Egypt, about four months of food, by the way.

And egypt dwindling, they cannot get the food um out of the black c so china is gonna be one of the very few potential solutions for bridging the calorie gap over the next year. And I have a strong prediction and a strong belief that because of that, china will use IT to maximum leverage. And we will see over the next year an incredible amount of leverage and power being accumulated by china because of transactions that they're gna start to enter into to bridge the calorie gap around the world.

So in the horn of africa, for example, there has been this continuous presence of china, trying to give themselves a military base, trying to take a um uh um some influence over local media um and there has been this kind of push and pull with the you know certain populations or on whether or not we should kind of embraced china locally. And I think that for example, the uh the food crisis that we're seeing emerging ethiopian somalia tria jai is going to be resolved by china and china's gonna end up gaining influence, gaining military presence and establishing a more permanent foot hold in the hand of africa because of the position that they're in of strength with all these calories and the and the need in these regions. That's not just there to relock a other parts of south east stasia, even western africa, north n africa, china's gonna show up and there the only country can shop the U N.

The world food program. They going to do everything they can to shuffled oris around, change food supplies. But I do think that one of the things that everyone's gonna watching, and it's it's a slow role, this is going to be some one big deal. And everyone wakes up over the next year while the U. S.

Is you trying to do everything we can to maximum impose sanctions on russia? China is slowly turning the crank around the world on the influence that they are going to gain because of this food crisis and the absolute um uh you know surplus that they have local and ability to export that surplus to support needs around the world. And it's not going to be free.

It's not going to be cheap. So I I thought I was worth highlighting. We're seeing and I shared a couple of articles with you guys and with nick, articles that no one is paying tension to. And this isn't some conspiracy oral oh my god, there's some dangerous thing happening.

I'm just pointing out one of the things that happening as we talk about, you know, the great change in power, the shift in power globally that's happening IT is happening in a very significant way this year um given the surplus that china has, the earth that many countries have and the inability for the U. S. To really adequately respond the food crisis that that emerging um and so I thought I was worth bringing to everyone's attention.

There's a lot of little articles that that support this point. I shared them what you guys you guys can put them in the shown note and and put them up on youtube and whatever. Um but I think this is onna become a macro trend that we're going to wake up to and sixty nine months and be like, wo what the heck happened? How you know how how how did china get so much leverage around the world and and it's it's starting nap.

That's what happened with every war. You know we all we go in hot, you know we you know raw or all gung how? And then at some point time we're like, way to second, why do we do that? You know, yes.

And you and you look, there is no shortage of neocons and liberal interventionists all saying this war is wonderful for us because it's reunited the american alliance and the western alliance, and that this has been, this words, a good thing for us. Let's keep IT going. Let's bleed russia.

Let's topple putin. The deep savile ze regime that they are in favor of attracted conflict that i've been you warning against. And what freeburg is saying is, the longer this conflict goes on, the more of these disaster scenario are going to materialized.

What you what does your take on how crippled putin is right now? David, just objectively and again.

you.

I mean, this does not look good for him. Um IT feels like he can and he's losing all tanks. I think this seems like .

I know anything you don't know in terms of you know, i'm just a consumer information, but I tend to think that we are overly optimistic in the west and looked the words clearly come very bad for putin. But this idea that everything that magically we're going to get regime changes in moscow, we going to get gorda h two point o that that is that is an objective worth protracting this war for. Um I tend to think it's going to be a mistake.

I mean that that's now doesn't mean I support rushes invasion. I've said it's illegal. It's a crime, is a violation of law to humAnitary disaster.

But what i've supported is a is a uh, negotiated piece of settlement that we try to get as quick as possible. That is clearly not administration position on this. They want to keep this thing going.

And you know this idea that that a long war is good for america's alliances. I would disagree with that because you're ready seeing all over the world. Now people are started to object to american policy.

You thought with india, and india is the world's largest democracy. They should be on our side. They definitely should not be on china's because they have a huge late intention. But china and india are both defacto on russia side of this, uh, africa and large parts of.

But india would like to have oil, and they would like to maintain .

they would like to maintain their relationship with russia, and they did not support the denunciation of russia. They would like to see this conflict to end. Large parts of afra would like to see the end america. Basically all the victims, if there's a famine in the world in six months, like freeburg is saying, they're all very worried about this. All of them have expressed concern with the american policy, which seems you to protect this war.

Okay, freeze g, you have to go to your talk at burkey. congratulations. We'll see you next time back for the contribution track. Any thoughts on the CPI? We set a record that seemed to have got lost in the the haze of twitter.

I learned something really interesting that I just wanted to share with you guys. Um so there is a big C P. I.

Print, obviously, but there is a report. Probably not many people read IT. But IT was about a home equity. And the takeaway was that since twenty, twenty americans have taken to four hundred and thirty, I think the exact numbers four and twenty seven, four and twenty seven billion dollars home equity out of their homes and effectively spent IT.

So what is what I started to make me think about was if you look at all of that home equity, plus the timmy checks, plus the unemployment insurance checks, that starts to explain, I think, why the labor markets are so tighten, why people haven't gone back to work. There is no motivation because there's just so much money slashing around for them to basically not have to be forced to do any of the stuff that they don't want to anymore. And I think the the thing to keep in mind is like that's also what's gone into the stock market.

It's also what's driven up the Price of use, cars, new cars, all of the stuff. I just think that kind of like starts to paint a picture of CPI that's really important, which is that it's probably a little bit more transitory than we may actually think because when you exhaust all of that extra money that there's not as much inflation to be had. And I think most people are now forecasting that inflation is really gonna off.

And the big warning sign that everybody is sort of marching towards is, you know, too many excessive rate hikes between now and the end of the year could actually pushes into a real recession. And we we were talking about that before, but the probability is now sort of like one and three were before. I think, you know, David and I sounds a little bit crazy when we were talking about IT.

So I just wanted to put that out. There is something I learned this week that I thought was really important. Word participation at peaked at sixty seven and sixty eight percent, but half a trillion dollars, and I mean half a trillion dollars of actual spending in the economy. That's a hn of money to be absorb, right?

If people have a couple of hundred grand and their bank account who own homes or whatever is no need to go back to A B and if you don't feel safe because you maybe still have some coffee fears, you don't want to commute or you just add of the rythm for two years and you're like, i'm kind of enjoying playing whatever you're doing, whatever your jam is, maybe there's no there's no rush to get back your way until .

you'll wait until you exhaust all of that.

This is this. And then we're not as we talked about, we're not letting people into the country at the same time. So you left ten million job openings that flips. That would be economic activity that would be helpful in fighting, fighting against, uh, a recession. correct?

I mean, I I I think that, that we're probably going to have a quarter to contraction. It's probably onna happen through of at the late end of this year, beginning of next year. Just the real question is how how high are rates between now and and again, I think the setup isn't very good, which is that the investors in the stock market are playing chicken with the fed.

And you know, they're just at the beginning of a right cycle and they haven't been able to impact any real forms of liquidity in the equity market. And so I think going they're gonna, they're going to attack that. And the only blunt force instrument ate they have is rates. And so you know you could see rates at three, three and a half percent, and that's going to impact a lot of stuff. And the problem is that, you know, uh, it's going to be after the economy is slow down because it's going to be after a lot of these you fake savings, if you will, have been depleted.

what we're sing, some pressure come off as well, the car shorted just kind of ending and wages have race. So that IT seems like they're in in this you know confluences of events. Certain things are starting to work themselves out.

are you he said, I was I was in washington ah this week. The number of people that listen to our pod IT is .

incredible wan .

care about our views of politics. It's incredible. It's really we've .

stumbled into something really cool and the fact that it's like it's it's just listening. It's must listening. A unda weekly show.

You get a different perspective from the text sector and capital allocation or that maybe you get on you know meet the press or something.

But just to fall on that inflation point, the economic point, Jason, if I can't, so please. So like the main reason inflations gna go down in the second after this year is because inflation is measured on a year over your basis. In your member about a year ago is when inflation started.

But around this time last year, inflation is only two nine percent. And I reached five percent by the summer. Then by the end of the year was almost eight percent.

So as we sort of lab last year was inflation rate, we come up against, you know, you're copying against seven point eight percent number last year. So I don't think inflations going going to get any Better. We're probably looking at roughly at twelve percent official two year inflation numbers.

In other words, since spider took over as president, you're looking at probably twelve to thirty percent of total inflation as measure by C. P. I.

And that is why even though the headline number will come down later this year, I don't think american people are gona feel any Better about the situation. You can almost predict that jean socky forever replaces her at the podium at the White house briefing room. There are going be touting these lower inflation numbers at the end of the year.

But IT doesn't mean Price level will have decrease. Prices will still be very high. When people go to the great grocery store, they buy meat or bread or what have you.

This can be very expensive. And I don't think people can be be feeling Better off. And it's gonna be a lot of negativity going into the remember election for the .

administration. And also, I think it's going to impact consumption. I mean, if you're going to a gas station and you, I mean, I drove the minivan to L. A, and it's the only electric, it's only non electric. R, we have we happened to drive because what a number of people that was bigger than the acts and IT was like, shocking to buy seven dollar gasoline.

Obviously, I can withstand, you know, filling up, but I could see people saying, you know what, maybe i'm not going to make that incremental trip or you know you start looking at some of the Prices, uh, you know, for taking a trip or flights. I don't know know if you've looked at flights or hotels like things are starting to creep up that it's like super noticeable and that's gotto effect consumption. And then that what would be what would be part of those negative two quarters, right? Your math, I mean, the role of people stopping consuming and just saying, you know what, it's too expensive right now. Just I stay home and watching netflix bucket you know I could pass the tonight .

you you see that happening already yeah people .

are starting to baLance the baLance just looking at the baLance and say, you know what's the way I can cut some expensive items of the you know write a bike.

They're going to take less travel because you know the cost of airline tickets have gone up, because the cost of the jet fuel has gone up at all IT all ripples through the economy. Um but I think the thing is that when when the fed gets involved, though they get involved in in a broad fourth way, they may make .

prediction right now if we we're definitely had an an economic slowdown. I don't know IT will meet the technical definition of recession.

but very negative cost growth back.

you know, very high chance, I think, of recession light house set towards the end of the year. If this war still going on and we get a recession, look out below. I think this president will be in Jimmy Carter territory.

He began the year at thirty eight percent. That was in reasonable, good conditions of peace time. If you know, I tweet at the beginning of the year in january, I said that, you know, this is your thirty eight percent.

That's what piece and prosperity we look up below. If we get recession and war, that's what is looking like right now. So know, I think this is things we're looking pretty, pretty dire, which is why I keep saying that you know the policy administration should be to try and find.

A settlement to the situation in ukraine to this war. I know that we didn't start put and started IT, let's be clear. But if there's an off rap here, we should be seizing IT because we got real problems back home in amErica and administration should be focused on our economy in our problems.

Europe is gonna the canary in the coal mine on all of this because I think they feel this uh pretty severely. And I think there's a um a lot of exhaustion among the european governments and leaders when you start to listen to this rhetoric to kind of you know find uh a way to h and and what's going on over there because the they're going to see a pretty meaningful recession. I think yeah absolutely much more much more so than we .

will yeah if you look if you look right now was happening in france. Marine le pen is surging against mro. I don't know she's going to help the but one of the major pillars well, actually here's what she's running on.

SHE is saying that he has been focused on inflation and cause of the living, and SHE says micon has been distracted by being america's basically lapdog puppy, whatever, on ukraine. So he is saying we need to focus on the french economy. And she's also saying that we as friends should set our own following policy and not be so differential to the us.

SHE says that this protracted war, ukraine and all this hot rhetoric coming out of by administration about work crimes and destabilizing pool, and toppling him and putting him on trial, the hate that is not in french interest, that's what the americans wants to do, but is not all wish we wanted to do. We need to end this war. And i'm not ready to say she's gonna pull off the upset yet, but he is clearly articulate in that message because he is finding purchase with the french electorate based on that message. And you're gone to hear that if this war continues for three months and six months and you're goes into recession, you're going to start hearing politicians, all of the european contingent, saying the same thing and questioning american leadership. And why are the air .

r dragon this thing out? The the thing that the scarious thing about the french election, I am not sure how many americans are paid attention to IT. But just to may be summarized in a very quick nutshell, you actually had this really interesting dynamic of three candidates.

One was what would be considered far left. Uh, john, look, manual one far right matting in japan and then one that was very centers in manual metal. And what's crazy is both these two were in a twenty two plus percent of all of the votes. IT was just that. The pen and macro were one in two. And so they go into a run off election and you know mancha was very clear he was like under no circumstances any of my supporters vote for the pen but IT just shows you what's happening which is like france, which is you know sort of coming and done under this populist fight. Um is probably uh a canary in the combine for how this stuff could play out other places in its kinda scary beaters.

See what happens in germany as well as they look at this enabling of .

they were able to hold the line. Now they still have a central government, but you know in austria for a while that was the case. In hungry, it's not really the case. Um so there's a lot of countries, at least the eastern block of of europe where you you've seen a tip in one direction or the other. Um it's not unreasonable to think at that in france a tip in one direction or the other fortunately in the U K. Or unfortunately however you look at IT still early a two party system um for the most part I think so I don't know we're na really a precarious moment in real history. I think .

yeah by .

the way, I want to talk about one thing that talk at the the last year I talked about this a very right of thing um about you know a VISA mastercard and how you could short them um or you know like basically like the payment networks we're going to start to get. You know this mental this year is really interesting to see. I don't know if you guys have been really paying attention to all the activity that's been happening in payments over like the last literally ninety days I think has been really incredible open to you know, just today, you know, VISA and mastercard. I think you're doing the single dumb st thing they could do by being a deule, which is raising Prices, especially in to inflation hour moment, which just lacks complete knowledge and sensitivity of the moment.

So damp and economic activity.

but also creates the incentives for disruption. sure. right? Because then the gap between you and your next caller competitor becomes more obvious.

And again, in capitalism, you compete away these advantages. And I just think that, uh, the set up is becoming more, more obvious for the shift in payments. I just think it's quite interesting.

So dick derbin actually today basically is going to create a big know hub up in the senate around these increasing merging fees, which eventually spill over the consumers. There is some talk that, you know, uh, I I, I, what is called jelly, uh, is that I pronounce jelly. The the the interbank payment system, people are talking about them converting that to becoming a more subsidy payment system.

And in this week, I was able to see a little bit under the hood of you know salona pay, and that's really exciting. So it's all coming I think like it's like a swarm of that vi um to dismantle these payments businesses. I just wanted to just give the ninety day update from our from our discussion in genuine right.

Everybody, we will see you may fifteen, sixteen and seventeen th in miami for the first all in summer now sold no more tickets available. There's a waight less, but we're not going to be able to get to anybody on IT. Sorry, you can sign up and will make sure you know about next year.

If there is a next year, this might be on one in done in situation, three amazing parties, sunday nineties or procure torne ament for charity, be top, uh, could be a little go format. If you win your sit go, you go into A A city, go bake off, and then you get to sit at the final table with the four bees. The winners are gna get to make a donation to the charity of their choice.

Uh, pay for by the best days. And sunday night night party will be the good fellows party. Monday's going to be to havana White party.

Bring your linton sacks and you ve got a whole cost for down there. And then a tuesday nights are miami vice party. Here are the mock ups .

of the invite same time reveal there.

There's a lot of work the copy at and ride. We're workshopping IT. It's just we got a little they call that like a mood board, a little bit of a mood board. Here is your wet your bikes party for sunday night going to be a good fellow theme should be a lot of fun.

IT looks like good fellows.

IT looks like god fellows. We're going to keep working on IT what your bees probably not be the name of your party, but that sunday night. And the next up is our havana White party.

Despite all the shit you take, uh, you do such a good job. This should I can .

say and then we're .

gonna this of social club. I apologize, but I think this is complete dog shit. This one.

the first supposed .

to be a big it's a theme on .

the one of the social club. It's it's not the right image, but we're workshopping IT like I said, but that's .

going to be A I said this is .

just a designer coming up with ideas. And then of course, we're going to have our miami vice wonna read a couple of like ami ventures and so that we are and so that should be are at fourth twenty bitcoin street your best eighties dress for miami factor.

So it's can be three parties, and I think .

it's gonna a three great parties you have to, but everybody is gonna to get three great off IT. So lindon are easy.

Monday night out.

your things look really big. what? 这是， this is not one sixty seven J K L. This is one ninety eight J K L.

On your left leg. You can't tell her your bottom part of .

the leg stops sitting. Picture that.

But it's like you have no knees, just like one big shake, like you you .

it's when you're fat and you got fat suits, you know everything. Listen, i'm looking at pictures of myself. Why did you guys fetching me more?

That's the question I have. You guys should have been, you really look incredible. And then yesterday, when I saw you, I was like, holy shit, really fantastic.

There's no ne, there is no need. It's no. It's like big shank.

You know, when your fast guy, you get fat suit, you just try, know, now i'm .

having .

to .

relook at that terrible .

flat .

hair. I then jack out for the inspiration. Don't no double chain.

What did you do when you work for me?

OK telling me, where's my neck? Now I got a neck again. I found my neck. Everybody, they have a folk. So i'm sorry if you did not get into the all in summer, but we ve got a great lineup of speakers and advance planned no press because, well, we have the same distribution, but we will the press will be able to see all the talks or all the talks will come out post event on the open feed. So for the ten days after the oil feed, you going to get a show .

every day and who are confirmed speakers at this point?

Oh my lord, so many goings. Hold on. Let me pull IT up here. Kids or boy palmer.

lucky is coming.

Yeah, got that confirm. He's a big fan of sexy pool. The new websites up, by the way, and that .

looks beautiful.

So we have, uh, ryan Peterson, uh, make silver breakfast a clear. Uh, the cal who is amazing mark Shawn palmer, lucky kiss .

boy jota .

o is now coming out of A L ti.

And you should get, you should get some foreign policy folks too.

I mean, while if you guys wanted to do any fucking work, you could help here. I thought this was just .

a grip you were doing, I don't know, was serious. Now I now may have to help. Yeah, no, you going to be proud of this.

Well, here's the thing that would be most proud of is the format. I have come up with a new concept of the format. I came up with a theme question that people can choose the answer or not, but the problem I want to solve and IT could be the problem I most want to solve.

IT could be the problem I wanna solve. The problem and thinking about people will go up in most cases, and give a tented twenty minute. Collect ted style talk, a solo dolo talk where they kind of talk about what they're working on in their lives.

Then they come and sit in a chair with two best ties on either side and then the four of us engage them in a conversation while we're talking. We're going na have maybe five slides that producers will put together of data points accepted. So we all get educated.

We pull up the slide, and then they'll be, you know, six hundred people in the auditorium, one hundred people in simulcasts room. We will take one question from the audience or two questions if we have time with each segment. And so you're gonna get a lot of busty action, but stimulated by best to gusty positions.

And I think this is really what folks want. Now if somebody doesn't want to give on, let's say palmer just wants to talk or would just talk of palmer um and so there's gonna be an option. I thought people you could your position paper, your position statement could be five minutes IT .

could be twenty. So I want to do something on uh, natural resource scarcity and uh, national security. So h jim, let sky, the C E O of mp materials OK.

You just only going to do is email me the person's email address .

to introduce me. And also to something on like the supply chain .

of like rare earth. Then here's idea, told everybody that .

the would like to solve there is energy independence america.

perfect. So then I don't need to .

email you know but .

here's the thing we're doing.

I told that I just told you that yeah we .

have nick will take a note here um to remind you to get the email dressed here's what's that you .

don't need me email mean we don't want .

to guess the email if you have IT and you know them I mean I know you wanted to the least amount of work, but I need to get a producers for here. I don't know you guys got to evolve freeze putting that aside, I me putting my big i'm fine with that too. Thank you. Then three, because that's how all in media is working.

Now it's just going to be, well, well, why you sign the L, L, C. agreement.

Did any anybody signing that? I was gna review IT to see what I can poison pill freeburg put in there. So i'm not citing the shit till I have two lawyers. Look at all of free birds.

Got a place in pelle there. I don't know guys. I have any random no.

I have the forts in the last thirty days. I'd like to, I like to get professor john r to speak. He's a professor of chicago.

He's the leading. He's a leading theorists, you could say, of the school of thought called realism. Yeah, in in foreign policy, and he has a track record of being right about .

all the america.

is the guy who talked about dually.

What do they call that the monodumps more onoto nuclear sis, multipolar polar.

When yeah is a critique, a critique of liberal interventions, which damant foreign polo war. It's what got us into to iraq, afghanistan, syria, libya. He predicted all those since be fiascos. He also predicted that our policy of constructive engagement towards china would also move, backfire and be a disaster. And he has a very contrary critique right now of our policy in ukraine has gone viral.

Yes.

twitter and is god like ten million plus views here be an incredible person to to come speak. Well.

here's what's happened while we invite people, you know we we invite some people, they don't know the show. We knew other people like, oh my god, I love the show there. What what's going to be interesting is the next thirty days we're going to talk to each person about what what's topic they really want to, you know, double click on and that we get to pair people.

So you might have key thor boy and antonia, you know, you might have timer ben and joe on stale, whatever. And so hopefully we can find a little dynamic. Maybe people don't agree, maybe they have, you know, opposite positions.

And then we are going to then have this great cycle tic dialogue with everybody. And I think it's going to be a very fast paced type thing. And then hopefully the speakers sit in the VIP area and then i'm going to have a runner there with a microphone I might do myself.

So you know, I might have kids. Were boy on in the morning, in the afternoon, he might want to cham in on joe land's dell talk. I run up to him with a microphone.

Aca, so, uh, we got probably we're going to do two hours in the morning, three hours in the afternoon. So it's ten to twelve so you can sleep in or come for coffee. If we stay, lay playing poker every night, it's going to be a gentle wake up.

Twelve to two is a nice lunch, healthy. Three to five, nice count inside. Two to five, three hours of nice content. Then you get a little break, you go to the parties.

At the end of the parties, you never know a poker table or two might be pulled out and we play little cash game. Anything is possible. So poker could be all three nights.

I don't know, you know depends on the degeneracy level um but I think it's going to be a fun time. I'm just asking nobody go ham on sunday or monday night, please? Tuesday night.

You want to have a little extra curricular. You want to go a little late. David to mah.

that's fine.

but I want everybody in bed by midnight sunday night.

No, crazy. It's what are .

the days to sing in? okay? It's sunday, monday, tuesday, sunday.

monday. May fifteen.

sixteen, seventeen.

OK. Oh my god.

Oh my god. What a shit out.

Speakers out the tools.

That's why i'm busting my eyes on this OK.

Uh, jack element introduced. The little is so we can see anybody .

had we could use a couple more female speakers, people of color. I'm really trying to keep IT diverse and have a lot of range of speakers. A lot of David stan said yes early at the joe lan sales.

You get key for boys. They all I want to support David team. I could use a couple of people, maybe with the posting viewpoint. So we trying to keep IT a .

little White.

I barry wise may come trying to work on. I have barry Carry si. Doesn't seem like that.

Can we can we get gland Green world?

But right, right, right, you're going, you're going further, further to the world. I like to have to somebody might. B, that's another kind of right guy.

I would like this does not mean anything anymore.

okay? There are independent .

critical thinkers. They originally came from the left. They're not like cute fans of unbias capitalism. But there are more on the popular side is used before you send an invite to anybody.

Facts, I would appreciate IT, particularly Peter till, who's you're the one person who could deliver IT, since you guys are best bring us. Peter till the guy .

spoke at a goal invite. Peter.

oh, great.

Now we happy to have a .

protest outside this. The most interesting people.

t is the most interesting for sure. I like my taibi. Actually.

I i'll give you that here's a problem, here's a problem. Here's the problem with getting the people on the other side is that the people on the other side, again, it's not right verse lefty more it's sort of populous versus the latest and already know what all the a little are going to say and they're too afraid to be on stage with people .

on the other side. But I mean, I think that you are associated repeater tio IT.

There's a little bit charge and trigger ing for certain .

people and people are how could you be friends, David? I'm like because we love each other. Our friends like we're .

best ties and they're like, well, but you time .

and it's contamination association, David, i'm getting the change. How sax and I like is my best friend.

That's why my boat is popular is we are four people who are friends who sometimes disagree with each other. The reason you can create .

the show anywhere else.

i'm not giving up my friendship with the on.

You can create the show anywhere else is because those people think they get contaminated if they even have a conversation with somebody of the other, the side of things.

But you don't get that on your side because not coming to you and saying.

because SHE confident. We don't believe in shooting down the debate, right? We believe in free speech.

The other side, they are thora arian, yes, because they can't defend anything. They just cancel people. We've lost you on the persuading. I think .

they've given up their position would be theyve give up trying to reach you. You just don't get IT they've given up trying to reach you. And i'm like don't give up, put up a fight if you .

disagree with access to reach about reading, it's about reaching all of them. All the people are there what they don't want to debate because they in .

the debate.

And yes, there. So I you every .

week sex and I own.

you have the time, okay? If he's good.

january six, we're to release the january six type.

That's january six. 有人 给你们 身边 献上 一个。

Rain man, give.

We open sources to the fans .

and got crazy.

all.

A B B.

we get.