E2: Rebooting the economy, understanding corporate debt, steps to avoid a depression & more with David Sacks
from All-In with Chamath, Jason, Sacks & Friedberg
by All-In Podcast, LLC
Published: Sat Apr 11 2020
Show Notes
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0:01 Jason & Chamath catch us up on their quarantines
1:20 Chamath intros David Sacks
4:40 David explains what their poker group chat has been like since COVID-19 started, and how Jason, Chamath & himself fall on the optimistic/pessimistic spectrum
6:58 How have the past few months defined David's view on the world, and what is his reaction to the US government's response?
Did the US health apparatus do its job? How could it improve? Why aren't masks already mandated?
Culture clash between scientific experts & entrepreneurs, thoughts on Chloroquine as a treatment method
Are US bureaucrats taking the intelligence of US citizens for granted? How liable is Trump?
David gives his plan to reboot the economy: what now? How does the US avoid a recession/depression?
Chamath & Jason assess David's plan
Have the stimulus packages & SMB loans been enough? Will the trickle-down approach work?
Should the US be allowing companies to declare bankruptcy? How should they decide who gets aid and who does not?
Chamath explains how corporate debt works through the lens of Ford
Why is the US not giving a larger % of the stimulus to average Americans? Chances of unrest if quarantine continues?
Trump vs. Biden: who has the edge in 2020right now?
Was Jack Dorsey's $1B donation the strongest move of 2020so far?