Back to episode — Episode 2694 CWSA 12/19/24
Context —
u've never seen. So whatever is the current value of TikTok, you know, the entire TikTok, if they take the American piece and they put it out to bid, the Democrat billionaires and the Republican billionaires are going to have to basically break the piggy bank because neither side is going to be willing to let the other have that much control of the American mind, right? There's literally — there…
← Previous segment →tory that you wanted me to talk about? I feel like I'm done with drones until something new happens. You're all okay with that, right? Feels like yeah.
Naval had some great quotes that I posted. It's better if he just read them in his own words. I decided not to talk about them.
So the stock market's up, right? Oh, I think I didn't complete my thought. So normally when the economy is strong enough that the Fed says we're not going to reduce rates or we're not going to reduce them as much as you thought, that usually causes the stock market to tank. And it did on the first day. But today it should still be down because the Fed is still not going to lower rates as fast as we thought. But it went up sharply.
Here's why. I think it's the budget. I think that when the country realized that maybe we can stop this uncontrolled budget spending, which is our biggest problem — don't you know, just to be clear, it's our biggest problem by far. It's the one thing that could end the entire country. Nothing else could. I mean, short of a nuclear war, which I don't see happening, almost nothing could end America. But this could. It could end the entire experiment.
And so you see the Council of Elders, you see the Viveks, the Elon Musks enter the breach. And at the very least they did the first thing you need to do, which is stop the signing of that foot-tall bill that nobody likes.
Now I think the world is shocked that that was so handily and well handled because the politicians are in this situation where they sort of can't do their jobs. You know, they don't want to go against their party and everybody wants to go home for Christmas. Their family will be mad. They really can't get it done. So the fact that this new mechanism appeared — the new mechanism is Vivek reads the thing in one day. You didn't see that coming. Tells us what's in it. You didn't see that coming. And then Elon goes in hard like he went in like the bull. And then he got complete backing, 100% backing from everybody. Well, everybody on the right. And like I said, nobody on the left really disagrees. They just don't love the fact that the right is getting stuff done.
So I think that the stock market is responding to the fact that America may have corrected its biggest problem. And it's the big one. The biggest of the big. Now that's a long way from DOGEing our way down to a budget that works where we haven't DOGE'd a bit. But we did show that if the people on X have a strong opinion about something, things are going to change. And that's new.
So I think we're in one of the best situations the country's ever been in. Not only are we at the cusp of a supercycle the likes of which we might never see again, which is robots and auto self-driving taxis, flying cars, drones. You know, probably the most important cycle ever. And the only thing that could stop us is the runaway debt. And we might have that under control soon. It's not under control, but we have all the right players and we have the support to do it. At least conceptually we have the support.
All right. Is there anything else I should have mentioned? It's a vagus nerve. Vagus, not Vegas as in Las Vegas. No, vagus nerve.
C
Context —
an I wax poetic about Raquel Welch? You know, I'm going to tell you later when I go private on Locals why that comment blew my mind. But I can't say it. I can't say it to the rest of you. All right. All right. I'm going to talk to the people on Locals privately, the subscribers. If you were wondering how to see Dilbert, you can see it if you subscribe on X or on Locals. But Locals has more of my…
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