Real Coffee with Scott Adams - Episode 2800 CWSA 04⧸05⧸25

00:00:00.000 Good morning, everybody, and welcome to the highlight of human civilization.

00:00:10.160 It's called Coffee with Scott Adams, and I'll bet you never had a better time.

00:00:14.520 But if you'd like to take a chance on taking this up to a level that nobody's ever seen

00:00:19.860 with their tiny, shiny human brains, all you need for that is a cup or mug or a glass of

00:00:25.180 tank and shells, a stein, a candy and jug or flask, a vessel of any kind.

00:00:28.780 Fill it with your favorite liquid.

00:00:30.620 I like coffee.

00:00:31.980 And join me now for the unparalleled pleasure of the dopamine at the end of the day, the

00:00:35.900 thing that makes everything better.

00:00:37.540 It's called, that's right, the simultaneous sip.

00:00:41.340 Go.

00:00:49.340 Well, we're all bonded now through the sip.

00:00:51.980 I should tell you that after the show, there will be a Spaces, that's the audio-only feature

00:01:00.940 on the X platform, hosted by Owen Gregorian, for those who want to do the Coffee with Scott

00:01:07.940 Adams after party.

00:01:10.460 It'll be more stuff, more fun.

00:01:13.060 So just look for Owen Gregorian on X, or just look for my account on X, and you'll find

00:01:22.380 that I reposted it.

00:01:23.820 So you'll find the link.

00:01:25.920 All right.

00:01:26.620 Well, let's start with weird news.

00:01:29.340 According to the Daily Mail, declassified CIA documents show that Hitler may have escaped

00:01:37.420 Germany after World War II and was living in South America, and the CIA apparently was

00:01:45.920 looking for him 10 years after he supposedly died.

00:01:51.860 So according to multiple reports from the CIA archive, agents in South America were convinced

00:01:59.020 the dictator was still alive in the 50s, and he changed his name to remain undercover.

00:02:05.560 Do you know what this makes me think?

00:02:09.220 It makes me think, I don't know what's true about anything in history.

00:02:15.180 I don't think any history is real.

00:02:18.260 I feel like all history is fake.

00:02:21.280 So there was a time when I would have laughed at this and said, because that's me laughing.

00:02:29.220 That's my laugh.

00:02:30.820 And I'd say, I don't think so.

00:02:33.340 So next thing you're going to tell me is that the moon landing was, okay, let's not go there.

00:02:39.420 I'm going to say, I don't know if this is true, but I also don't know if anything else

00:02:44.680 in history is true.

00:02:46.940 Well, speaking of Nazis, let's check in with the Democrats, see how they're doing.

00:02:51.920 According to the Gateway Pundit, the DNC chair, Ken Martin, he's decided to put together a little

00:03:02.680 group called the People's Cabinet, and people like Robert Reich are on there.

00:03:10.040 So it's supposedly a group of experts and ordinary people, he calls them, experts, leaders, and

00:03:18.080 everyday Americans.

00:03:19.740 And what they will be doing is fact-checking Trump.

00:03:23.880 But they will be doing it in the most theatrical way.

00:03:27.300 So in effect, the Democrats, having absolutely nothing to offer to the country, have decided

00:03:33.740 to put on a play, a theatrical production, called The People's Cabinet.

00:03:38.420 And apparently it requires a little person, so Robert Reich will be taking that role.

00:03:47.640 He'll be playing a far-left economist who says wacky things.

00:03:53.640 I'm looking forward to it.

00:03:55.820 I'm looking forward to the play.

00:03:57.880 Now, some say it could be as good as Snow White, the movie.

00:04:02.500 So if that doesn't get you there, I don't know what will.

00:04:07.360 I'm going to buy my ticket right away.

00:04:09.560 Because as you know, the Democrats don't have any policies or ideas or power.

00:04:14.180 So they're kind of left with doing, you know, one-man theatrical productions like Cory Booker

00:04:20.580 recently did.

00:04:21.780 But now at least it's an ensemble.

00:04:26.080 Is that the right word?

00:04:27.840 Ensemble?

00:04:29.440 The People's Cabinet.

00:04:31.140 Can't wait.

00:04:32.500 It'll be like Hamilton, but with fewer minorities, I think. 0.86

00:04:43.960 So Trump sent a list of demands to Harvard University, according to the New York Post,

00:04:51.280 and they're going to lose $9 billion in government funding.

00:04:57.120 Let's stop right there.

00:04:58.640 Harvard was getting $9 billion in government funding.

00:05:04.860 Now, one of the things that many of you have heard but don't understand is that the so-called

00:05:11.580 endowments that colleges have, they can't really use it for whatever they want.

00:05:16.600 So if you say to yourself, but Harvard has endowments worth X billions of dollars, why don't they

00:05:24.540 spend that instead of charging people for tuition?

00:05:27.300 And the answer is the endowments usually are limited, as in, here's some money to build the science building and put my name on it.

00:05:37.140 But they can't just use it for whatever they want.

00:05:39.880 Or here's an endowment to give scholarships to a certain class of people.

00:05:45.600 They can't just take it and use it for other stuff.

00:05:49.180 So if you want to be the smartest person in the room, when somebody else says, they've got these rich endowments, you should say, they do, but they're all restricted.

00:05:59.560 They can't just use them as a piggy bank.

00:06:01.820 Anyway, $9 billion, and again, I don't know over what time period that is.

00:06:07.520 That can't possibly be one year, but maybe anything's possible.

00:06:13.680 But the reason that they might lose that $9 billion is that Trump is insisting that they get rid of their DEI programs and clamp down on all the anti-Semitic protests and stuff.

00:06:26.320 And he also wants them to ban face masks on campus, because that's one of the reasons that the protests can get out of control, because people can cover their faces.

00:06:38.240 So we'll see if Harvard blinks.

00:06:43.060 I'm going to say I think they will.

00:06:44.600 Well, according to Newsmax, Sam Barron is reporting that the Department of Energy has decided that 44% of their staff is what they call non-essential.

00:06:58.840 44% of their entire staff is non-essential.

00:07:06.520 Now, I wonder how they figured that out.

00:07:09.640 So in all likelihood, there's going to be some big employee cuts there.

00:07:14.600 I think they should rename the department.

00:07:17.520 If 44% of your employees are non-essential, I wouldn't call it the Department of Energy.

00:07:24.020 I would call it the Low Energy Department.

00:07:27.300 Are you with me?

00:07:28.460 Low Energy Department?

00:07:30.360 Anybody?

00:07:31.360 Okay.

00:07:31.660 Meanwhile, housing and urban development that you call HUD is going to stop funding housing in sanctuaries, cities, and states.

00:07:46.440 So if you were one of those states that depended on HUD to help you build some housing, and you had a shortage of housing, good luck if you're a sanctuary city or a sanctuary state, because the HUD Secretary, Scott Turner, just sent in a letter saying you're not going to get it if you're a sanctuary city.

00:08:09.020 Now, I've never seen the government use its power this way before, because I guess I didn't realize how many things the government funds, but watching the government use its just funding authority to change things is kind of interesting.

00:08:28.140 But it makes me wonder, if Democrats win, are they just going to reverse everything, and they would just use the same threat?

00:08:36.100 Well, you better change it back.

00:08:37.880 You better give everybody masks.

00:08:40.020 You better go wild with DEI, because we love our DEI.

00:08:43.760 So we'll see if any of this is lasting.

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00:09:47.340 Well, as I predicted, Trump is going to extend the TikTok deadline.

00:09:55.540 That was the deadline to make a deal.

00:09:58.000 And we've learned, as of today, that China had apparently agreed to allow ByteDance to sell TikTok.

00:10:05.780 So they actually had a deal.

00:10:08.800 And then Trump ruined it by the timing of introducing tariffs.

00:10:15.220 And so as soon as China saw the tariffs, they said, oh, nope, we've changed our mind.

00:10:20.400 We do not allow that sale.

00:10:21.940 So China, being smart and brutal and ruthless, at least from their perspective, a good way, knows that they have a bargaining chip. 0.98

00:10:38.040 So they're going to use it.

00:10:39.400 Now, I think that, you know, for however many billion dollars are at risk, the damage it would do to Trump if it just got closed down in the United States might be worth it for China.

00:10:57.260 They might say, well, you know, China was only going to make, I don't know, 30 or 50 billion dollars.

00:11:04.600 And, you know, we're a big country.

00:11:06.580 We can handle not making that.

00:11:10.640 So I don't know.

00:11:12.380 I don't even think that a tariff negotiation would get them to change their mind.

00:11:16.540 I'm surprised there ever was a deal.

00:11:18.180 So maybe I'm a little skeptical they ever had a deal.

00:11:23.080 But especially since China knew the tariffs were coming.

00:11:28.640 So maybe they made it look like the tariffs were the reason.

00:11:34.060 But they had always planned to say no.

00:11:36.320 You know, they just said, oh, yes, yeah, sure.

00:11:39.260 Yeah, we got a deal.

00:11:40.240 No problem.

00:11:41.380 Because they knew the tariffs were coming and they could just yank it at that point.

00:11:44.520 So, according to The Hill, Biden had proposed a rule that looks like the Trump administration is going to ignore.

00:11:57.160 And the rule would have been that if you had a body mass index of over 30, which would put you squarely in the obese category, I believe,

00:12:06.180 that you would have been able to use your Medicare or Medicaid to get those GLP-1 weight loss drugs that are so popular.

00:12:19.000 And it looks like that's not going to be happening under Trump.

00:12:22.880 So if you're on Medicare or Medicaid.

00:12:26.320 And RFK Jr. said that he wonders why those drugs are made in other countries, but they don't give us the same version that they allow in their own country.

00:12:40.020 Does that worry you a little bit?

00:12:42.760 The drugs come from other countries, but they won't sell the same drug that they give to us in their own country.

00:12:50.660 Now, I don't know what's up with that, but I don't like it.

00:12:55.100 That sounds exactly like ours must be more dangerous than theirs.

00:12:59.240 I don't know.

00:13:01.940 But here's what caught my imagination.

00:13:07.540 You know how I always make fun of Democrats for not understanding human behavior?

00:13:13.880 Let's just see if all of you come to the same impression.

00:13:17.060 So let's say you were on Medicare or Medicaid and you had a weight problem and you wanted this drug and your body mass index was 25.

00:13:29.380 But you couldn't get the drug unless you were at 30.

00:13:33.900 What would you do?

00:13:35.100 The Democrats are so bad at understanding human incentive.

00:13:43.360 I'll tell you what you would do.

00:13:44.960 You would eat like crazy until you were at 30 and then you would go get the drug because the drug would take you all the way past 25 and keep going.

00:13:54.280 So it's not like they're going to deny you the drug once it's working.

00:13:58.680 You know, once you're on the program, you get to lose the weight.

00:14:01.100 So, yes, all the people who are close to 30, they would be incentivized to just eat terrible food until they reach 30.

00:14:08.960 And then they're like, I think I reached it, Doc.

00:14:11.540 And the doctor would say, oh, finally, I can get you this free drug.

00:14:16.960 Now, do you tell me there wasn't one Democrat who understood that would have been just a nightmare?

00:14:23.360 There's no way that that wouldn't have been a big problem.

00:14:26.700 But I don't know.

00:14:29.520 So we'll see.

00:14:30.320 RFK Jr. says you should eat right and exercise.

00:14:33.520 And that should be your first line of defense.

00:14:37.040 That hasn't worked for people yet, at least for the obese.

00:14:41.760 Obviously, they know that they should eat right and they know they should exercise.

00:14:46.120 But they weren't doing it.

00:14:48.120 So, obviously, this drug has a place.

00:14:52.960 Well, President Trump has called on the Fed chairman, Jerome Powell.

00:15:01.200 Now, he doesn't have control over him.

00:15:03.260 The Fed is an independent entity, so it can do what it wants.

00:15:06.780 But Trump's trying to embarrass Powell into cutting interest rates on the 10-year treasury.

00:15:12.060 Oh, because the 10-year treasury has fallen below 4%.

00:15:16.980 So, at one point, it was above 5%, not too long ago.

00:15:21.340 But between the tariffs and maybe some other stuff, interest rates have drifted down.

00:15:29.860 And this would be a terrific time to give everybody a little raise if they're paying anything on interest.

00:15:36.100 So, well, at least anything that's going to be adjustable.

00:15:42.220 But more importantly, apparently, the government has to refinance something like $9 trillion pretty soon.

00:15:50.340 And the difference between refinancing it at 5% and 4% is really, really big.

00:15:57.260 So, the theory that I mentioned yesterday that the big play with tariffs might have been to tank the stock market temporarily because then people move their money into bonds.

00:16:13.240 And if they have their money in bonds, supply and demand causes the interest rate to go down.

00:16:18.280 And then you refinance your trillions and trillions and then slowly you can let the stock market come back to the level you want.

00:16:30.040 Now, if that's what the Trump administration had in mind the entire time, and honestly, it's starting to look that way.

00:16:39.740 It's starting to look like that was always part of the plan.

00:16:42.820 Not the only plan.

00:16:44.000 I think he genuinely, Trump, I think he genuinely likes tariffs and negotiating and all that.

00:16:50.540 But it could be that one of the biggest gains is this interest rate thing.

00:16:56.420 And you cannot, it's almost hard to put a value on it because it might be almost impossible to negotiate our own debt.

00:17:06.680 We could be in quite a bit of trouble unless we get this lower interest rate.

00:17:11.220 And now the table is set for it.

00:17:14.260 But I don't know that Jerome Powell is going to want to look like he was influenced by the president.

00:17:20.700 So, I don't know that Trump is playing this right because he's putting Powell in a position where he's supposed to be the independent guy.

00:17:30.040 But if Trump is publicly saying you should do this and then he does it, it's going to look like he got influenced.

00:17:38.520 So, I'm not sure the persuasion play here is quite right.

00:17:42.900 It looks like Trump might be doing anti-persuasion.

00:17:47.140 On the other hand, Powell is going to have a lot of explaining to do if he doesn't do it because everybody's going to be hurt by it.

00:17:53.840 And it's going to be a lot of pain for the country.

00:17:57.660 So, you'd have to ask yourself, is Jerome Powell on the side of the United States or his own side or somebody else's side if he doesn't lower interest rates?

00:18:10.640 So, we'll see.

00:18:12.000 That'll be interesting.

00:18:12.680 Well, so far, the number of countries who have decided that they're going to immediately negotiate their tariffs with Trump, it's a small number.

00:18:24.140 But it's so far Vietnam, Cambodia, Argentina, Israel's already gone. 0.81

00:18:29.620 But it's a start.

00:18:32.540 So, Macron in France is saying don't do investments in the United States.

00:18:38.740 China matched our tariffs with their own.

00:18:41.400 So, they're looking tough.

00:18:44.900 So, we're going to need to get at least one larger country to negotiate.

00:18:52.220 So, it makes me wonder who's going to go first, if anybody.

00:18:56.800 So, you can get all the little countries to capitulate, but that's not going to get you what you want.

00:19:04.080 You're going to need to get at least one big one to say, well, I'm glad I went first.

00:19:11.400 So, Billy John, we've got a troll here from YouTube.

00:19:18.140 Billy John, let me explain to you how time works.

00:19:22.320 Yeah, you seem to be confused.

00:19:23.980 You might be an alien from another country. 1.00

00:19:25.840 The golden age is something that you build toward.

00:19:33.000 And as I'll explain to you during the show, the temporary pullback in the stock market is not anything you should worry about.

00:19:40.640 And we probably are now poised for the greatest American period of all time.

00:19:50.160 It doesn't mean it's guaranteed, but I do think Trump has largely done all the right stuff.

00:19:56.280 And he's got really smart people behind him.

00:19:59.640 Scott Bessent impresses me every time I see him on camera.

00:20:03.640 I think he's just the best.

00:20:05.360 Have you listened to him at all?

00:20:07.340 He's so good at explaining things in simple terms while also sounding like the smartest person in the room.

00:20:14.980 That when he's done, you say to yourself, oh, I feel a lot better now.

00:20:18.580 So, you know, if you hear Trump say stuff, you think to yourself, I don't know, is he just in salesman mode?

00:20:26.120 You know, is that all BS?

00:20:27.840 But when you see Scott Bessent explaining something, he gives you all of his work.

00:20:34.040 You know, like he removes all questions.

00:20:37.540 So we'll talk about him a little bit more.

00:20:42.940 Bank more encores when you switch to a Scotiabank banking package.

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00:20:52.880 Scotiabank.

00:20:53.640 You're richer than you think.

00:20:55.720 So, yes, I think the golden age is looking actually pretty strong.

00:21:00.100 But Trump and everybody smart warned that there would be a period of turmoil, which is the period when.

00:21:09.080 Now, there's almost nothing I can think of that doesn't require some sacrifice to get there.

00:21:15.580 If you wanted to get in shape at the gym, it's going to be harder when you start.

00:21:23.220 If you wanted to go on a diet, it's going to be kind of painful.

00:21:27.860 If you wanted to improve your job, you're probably going to have to, I don't know, go to training or school at night or, you know, double your efforts.

00:21:37.280 So, this is no different.

00:21:40.200 If the country wants to survive the death spiral it was in, you know, the death spiral, it's got to do doge, even if it's messy.

00:21:50.620 It's really got to do the tariffs, even if it's messy.

00:21:55.180 So, the big picture is really good.

00:22:00.440 If you're playing small ball, like the troll on YouTube, and you don't understand how anything works, it just looks like, oh, my stock went down.

00:22:11.120 My stock went down.

00:22:12.540 But we can get you to a smarter place.

00:22:16.040 All right, there's a video of Kamala Harris acting drunk. 1.00

00:22:23.240 She finally appeared.

00:22:24.860 I guess she thought it was a good time to go to say something in public.

00:22:28.800 She was at some event.

00:22:29.740 And since the stock market was down, she decided that what she would do is, it looks like she was drunk, go in public and say, I don't want to say, I don't want to say, I don't want to say, I told you so.

00:22:51.440 I don't want to say, I don't want to say, I don't want to say, I don't want to say, I don't want to say, I don't want to say, I don't want to say it.

00:23:03.540 Pretty good, wasn't it?

00:23:04.820 Yeah.

00:23:06.660 But I was watching The Five, and they showed that clip.

00:23:11.440 And Pierce Morgan was on the show that day, and he just said, she looks drunk. 0.88

00:23:17.000 And I think Jesse and Greg were sort of on the same page.

00:23:23.020 And I'm so confused why we can be in a mode where there are now a couple of books out

00:23:31.520 where people are admitting that the insiders all knew that Biden was mentally disabled.

00:23:40.020 And I'm thinking to myself, the insiders, everybody who had a television or could hear

00:23:48.200 or see knew that he was mentally disabled, and we could see the same thing, exactly the

00:23:55.140 same thing with Harris.

00:23:56.840 She's clearly inebriated in public on a regular basis. 0.91

00:24:01.660 And are we going to just do the same thing?

00:24:04.800 Are we just going to wait a few years and then somebody will write a book when she seems

00:24:09.160 like she's not a threat anymore?

00:24:11.960 Somebody is going to write a book and say, oh, yeah, yeah, we all knew.

00:24:16.280 Everybody knew.

00:24:17.320 We tried to take the drink away from her, but she fought us. 0.53

00:24:21.200 Looks like that's what we're going to do.

00:24:22.680 We're just going to repeat the same thing and act like we're surprised again.

00:24:27.400 So that's coming.

00:24:29.440 Speaking of books, so one of the two books that alleged to have the inside story of what

00:24:36.760 was happening during the Biden-Kamala changeover, the book called Fight alleges that Harris and

00:24:46.800 Walsh were completely shocked that they lost the election.

00:24:51.820 And they were actually asking their staff if they should do a recount.

00:24:55.460 So I wonder if at any point they asked themselves, was this rigged?

00:25:08.160 Because I'll bet they did, you know, even if it was only privately.

00:25:12.180 Don't you think they said to themselves, everybody said we were going to win. 0.86

00:25:16.260 And apparently they'd been shown, they'd been looking at polls that were just the ridiculous 0.89

00:25:23.800 rigged polls. 0.81

00:25:26.320 Yes, I think some of the polls were rigged.

00:25:29.140 So I guess her staff, they must have put them in this weird position where they thought,

00:25:35.300 oh, we're definitely going to win.

00:25:37.480 And then she had this surprise of her life.

00:25:39.320 Anyway, so apparently, according to this book, she blamed Biden for staying in the race too

00:25:45.940 long and said she could have won with more time.

00:25:49.480 Okay.

00:25:50.980 How much time do you think that would have taken?

00:25:53.780 Forty years.

00:25:56.040 In Colorado, it looks like there's a bill that's gone to the next level.

00:26:02.020 So there's a proposal that if parents in Colorado refuse to use their children's preferred

00:26:08.640 pronouns, they could lose custody of the children.

00:26:14.060 Does that, that doesn't even seem real, does it?

00:26:17.320 No, it's not real yet.

00:26:18.680 It's a proposal.

00:26:20.460 But they got the green light to create the bill, I guess.

00:26:26.040 And misgendering is called coercive control.

00:26:29.360 Could you imagine, can you imagine losing custody of your own child?

00:26:38.640 Because you didn't go along with the, some pronoun stuff.

00:26:44.820 That is so beyond anything that my brain can even handle.

00:26:49.460 I just look at it and go, oh, how is this even possible?

00:26:55.760 So with any luck, that will not become any kind of a law there, but we'll see.

00:26:59.880 All right.

00:27:03.020 I thought I would give you a little, very quick, easy set of arguments that are the best

00:27:11.600 arguments about all the tariffs and the situation we're in.

00:27:16.200 So I've heard some good arguments and some bad arguments.

00:27:19.500 And I'm going to tell you the ones that look most persuasive to me and most correct.

00:27:23.420 I think, I think in this case, when you're talking about economics, being persuasive and

00:27:29.440 being right, kind of the same thing.

00:27:32.740 And that's not always true, but you don't want to mess around with economics, right?

00:27:38.300 So you don't want to be real persuasive and wrong.

00:27:43.260 Although, you know, in politics, sometimes that could work out for you, but not when it

00:27:47.600 comes to your finances, you want your most persuasive argument to be also accurate.

00:27:54.380 So let me give you some of the best arguments.

00:27:56.920 I saw Victor Davis Hanson.

00:28:00.640 I always say his name wrong.

00:28:02.460 I feel so bad about it.

00:28:04.300 But I was hearing him saying that if tariffs are bad, and all the smart people know that

00:28:10.520 tariffs are bad, and that's what we've been hearing, right?

00:28:13.500 The critics, everybody knows tariffs are bad, tariffs are terrible, tariffs are bad for your

00:28:19.600 country.

00:28:21.020 Then the question would be, why does every country have tariffs on us?

00:28:26.800 Are we the only country that if we put a tariff on, it's bad for us?

00:28:32.040 Is China going out of business?

00:28:34.320 They've got tariffs.

00:28:35.160 To imagine that tariffs are bad for a country, while every single sophisticated modern country

00:28:43.440 has tariffs, all of them.

00:28:46.420 That's a pretty good argument in favor of tariffs, isn't it?

00:28:49.940 What is the counter argument to that?

00:28:53.120 Once you've pointed out that every smart, successful country has tariffs, every one, I think there

00:29:02.400 are no exceptions.

00:29:03.060 How can you argue that we're the only country we'd be bad for?

00:29:08.840 And is it destroying all those other countries?

00:29:11.660 Doesn't look like it.

00:29:13.500 China seems to be growing.

00:29:16.320 So that's your best argument in favor of tariffs.

00:29:19.540 Now, the other argument is, of course, that it's primarily for negotiation.

00:29:24.920 And that if you look at, say, Vietnam, they've already offered free trade, zero tariffs.

00:29:32.140 If you look at Argentina, they're also negotiating no tariffs.

00:29:38.760 So if you look at it as a negotiation, it's a slam-dunk, smart thing to do that's already

00:29:44.000 working.

00:29:44.740 Because at least two countries have already said, yep, no tariffs.

00:29:49.240 We need to get the big countries or it doesn't matter that much.

00:29:52.740 But at least directionally, it looks good.

00:29:54.340 So those are your two arguments.

00:29:56.560 Every country does it.

00:29:58.540 And it's a negotiation.

00:30:00.960 So if you like no tariffs, this is how you get there.

00:30:05.060 The only way to get to no tariffs is to put one on the people who you think you can negotiate

00:30:10.540 to get rid of them on both sides. 0.94

00:30:12.460 Then there's the stock market argument.

00:30:18.620 I guess the stock market was down $6.6 trillion in market value.

00:30:25.740 Never, you know, I always tell you, ignore any numbers that don't come with percentages.

00:30:30.360 In this case, the percentage is the thing you should look for in the stock market, not the number.

00:30:34.920 But here's the first part of the argument.

00:30:39.260 It is completely normal and completely predictable that there will be 10% to 20% pullbacks in the stock market

00:30:49.020 for any number of reasons.

00:30:51.800 Sometimes it just gets ahead of itself.

00:30:54.360 Sometimes there's, you know, some big impact in the country like COVID or something else.

00:31:01.260 But there is no world in which you can go for 20 years without a 20% pullback.

00:31:08.560 There's just always a pullback.

00:31:10.600 This just happens to be the reason it's happening at the moment.

00:31:14.440 So I guess it's NASDAQ is already down 20%.

00:31:17.880 That's the most normal thing in the world.

00:31:21.560 If you own stocks, and ideally you didn't need to cash them out right away,

00:31:27.660 it shouldn't make any difference to you that it went down 20%.

00:31:33.000 Because I think this would be my third or fourth time in my life, in my adult life,

00:31:40.940 where all my stocks went down 20% and 100% of the time they came back.

00:31:47.540 All right, so the first thing you need to, the first argument about the stocks is that

00:31:53.100 if you didn't sell it, you didn't lose anything.

00:31:56.580 And 10% to 20% correction is completely normal for any number of reasons.

00:32:01.520 This just happens to be the reason right now.

00:32:04.320 Claudia was leaving for her pickleball tournament.

00:32:06.460 I've been visualizing my match all week.

00:32:08.940 She was so focused on visualizing that she didn't see the column behind her car on her backhand side.

00:32:13.880 Good thing Claudia's with Intact, the insurer with the largest network of auto service centers in the country.

00:32:20.660 Everything was taken care of under one roof, and she was on her way in a rental car in no time.

00:32:25.100 I made it to my tournament and lost in the first round.

00:32:28.580 But you got there on time.

00:32:30.440 Intact Insurance, your auto service ace.

00:32:33.060 Certain conditions apply.

00:32:33.980 Then I'm going to give you another argument that I worry might cause you to buy or sell stocks based on this advice.

00:32:46.940 This is not advice.

00:32:49.600 This is not advice.

00:32:51.280 But I'm going to give you a frame because we're in such an unusual situation.

00:32:57.260 If the stock market continued to go down and we got into a Great Depression, the value of stocks would be even better once we were in the Depression.

00:33:09.060 If you had bought stocks at the depth of the Great Depression, you would have done great.

00:33:16.620 Sir John Templeton did exactly that.

00:33:18.840 He's one of the greatest investors in American history.

00:33:21.120 And he started during the Depression.

00:33:24.640 And he said to himself, huh, either the entire country is going to go to hell, in which case nobody's money is worth anything.

00:33:31.920 It wouldn't matter if you had your money in your mattress or in the stock market.

00:33:35.480 If it all goes, your money is worth nothing no matter what.

00:33:40.480 So this is one of those situations where you can imagine it's leading to complete ruin of the United States.

00:33:47.940 So should you invest?

00:33:50.880 I don't know.

00:33:51.740 Where else are you going to put your money?

00:33:55.080 Would you put it in some other country?

00:33:57.840 If the United States was going to go down the toilet and just be completely out of business, that would take most of the world would follow, I think.

00:34:07.820 So you have one of these weird situations where it seems like things can't get much worse.

00:34:17.700 But if they did get worse, it wouldn't matter where your money was.

00:34:20.920 It would be gone.

00:34:23.600 It wouldn't matter if you were in bonds or buried it in the backyard.

00:34:28.360 It wouldn't be worth anything if everything else went to hell.

00:34:31.380 So I'm not going to tell you this is a buying opportunity.

00:34:35.980 I'll just disclose that the last thing I would do is sell my stocks now.

00:34:41.180 That's the last thing I would do.

00:34:43.160 But I'm not a financial advisor.

00:34:46.340 Do not take any financial advice from me.

00:34:50.640 It's not advice.

00:34:51.360 All right.

00:34:54.280 Then there's the argument that the only people being hurt are the wealthy because it's the top half of the economic United States that own stocks.

00:35:05.040 There's almost nobody in the bottom half that owns any stocks.

00:35:08.980 And the top 10% own, I don't know, 88% of them are some crazy number.

00:35:13.940 So if what Trump is doing is reforming the United States economy such that it brings back more manufacturing jobs,

00:35:28.080 then that would be great for the bottom 50% of the country.

00:35:32.960 And ultimately, it would be great for the top half as well.

00:35:36.640 But in the short run, the people at the top are going to take a little scare.

00:35:41.080 And the scare is, well, there goes 20% of your money.

00:35:46.340 But it's not really gone as long as they can ride it out.

00:35:50.080 And rich people can ride it out generally.

00:35:53.360 All right.

00:35:53.600 Then there's the jobs argument.

00:35:55.920 You probably saw that the jobs report were unexpectedly terrific.

00:36:01.700 But this was before the tariffs were announced.

00:36:04.500 They were certainly threatening for the last month.

00:36:07.960 Everybody knew they were coming.

00:36:08.960 But the U.S. added 228,000 jobs.

00:36:14.340 And that was way above what we thought it was going to be, 140,000.

00:36:18.360 Now, I would say the best argument about jobs is that it didn't have much to do with either president.

00:36:25.840 Probably wasn't because of Biden.

00:36:28.720 Probably wasn't because of Trump.

00:36:30.580 Probably just the economy sometimes has a good month.

00:36:35.840 And so I don't think it predicts anything about tariffs.

00:36:39.840 It doesn't say that the tariffs are a good idea or a bad idea.

00:36:43.060 It doesn't tell you that it will be the same next month.

00:36:47.120 It's just sort of good news for March because it could have been worse.

00:36:52.400 But it does show a little bit of strength, which is a good time to do the tariff stuff.

00:36:57.260 Then there's the inflation argument, the argument that the tariffs are going to cause inflation because isn't that what happens when prices go up?

00:37:10.680 It's called inflation.

00:37:11.800 But apparently, we have a history that shows that past tariffs, because we've put tariffs on before, didn't increase inflation.

00:37:21.780 And the people who are smarter than me say the only thing that increases inflation is printing money.

00:37:30.320 You don't increase inflation by tariffs.

00:37:32.500 Now, that might be counterintuitive because you're saying to yourself, but my goods and services, well, goods, will cost more.

00:37:43.080 How is that non-inflation?

00:37:45.160 And the answer is that there are individual price increases.

00:37:48.920 That would be real.

00:37:50.900 But that the economy adjusts.

00:37:53.780 It adjusts fairly quickly.

00:37:56.300 And you would have alternatives.

00:37:58.420 So if you said, but the cost of my German car went up 20%, I say to you, well, why don't you buy a Ford, which is giving you now the employee discount that's cheaper than it used to be?

00:38:13.320 So you're going to have an option of spending less if you're OK with American choices over other choices.

00:38:21.500 The other thing is, in the long run, of course, if manufacturing comes back and we can make our own products, you know, prices could drift down, potentially.

00:38:34.240 But also, if food and energy prices went way down, your overall inflation rate would look pretty good.

00:38:42.640 And it turns out that if we make and sell all of our food to Americans instead of selling some of it overseas, it might actually be cheaper.

00:38:56.700 So food prices could go down.

00:38:58.720 Egg prices are down.

00:39:00.340 You know, we might find that food prices are not that affected by the tariffs.

00:39:06.300 But oil, it just reached an all-time low.

00:39:08.720 So if every one of our goods and services went up in price, but oil went to an all-time low, it might cancel out because oil and energy is one of the biggest expenses that goes into any product.

00:39:28.280 So you might end up finding out, oh, the economy looks like it took a big hit, which causes the demand for oil to go down, which causes the products to cost less.

00:39:41.420 So the argument on inflation is that the only thing that causes it is printing money and that tariffs can cause individual prices to go up in the short run, but it doesn't cause inflation in the long run.

00:39:56.560 That's the argument.

00:39:58.280 Then there's the trade deficit argument, where most of the countries we're dealing with, they sell us way more things than they buy from us.

00:40:13.220 And I've seen two arguments from smart people.

00:40:16.840 One said the trade deficit is nothing you need to worry about because it's just numbers on a piece of paper.

00:40:23.380 And it doesn't matter that we're buying more than we're selling.

00:40:28.880 I'm not sure I buy that.

00:40:30.900 The other argument is the opposite.

00:40:32.900 It says over time, if you're only buying more than you're selling, then you're probably printing money to cover the difference.

00:40:43.000 And you're basically going to be in a business eventually.

00:40:45.860 And we may have reached eventually.

00:40:48.860 So I do think we have to figure out that trade imbalance thing.

00:40:53.360 So I think the best argument is you can't go forever with trade imbalances.

00:40:58.620 But you can definitely go for years as long as you're willing to print money to make up the difference.

00:41:04.860 And you reach the end of that working.

00:41:07.400 So we're probably at the end of that working.

00:41:10.940 So trade deficits, we probably do have to fix.

00:41:13.800 Then there's the Smoot-Hawley Tariff Act of 1930 argument.

00:41:19.920 And the argument is that when the U.S. put tariffs on other countries in 1930s, it was one of the triggers to create the Great Depression.

00:41:31.500 Now, the problem with that argument is that it's an analogy.

00:41:34.540 Even though you say to yourself, well, it's not an analogy.

00:41:38.880 It's exactly the same thing.

00:41:40.240 It's putting tariffs on things.

00:41:42.000 But no, this is not 1930.

00:41:44.820 There are too many differences.

00:41:46.960 The biggest difference is that I wasn't there in 1930.

00:41:51.180 But these tariffs are for primarily negotiation purposes.

00:41:56.220 Was that true for Smoot-Hawley?

00:41:57.860 When Smoot-Hawley put their tariffs on, did five countries immediately contact the U.S. and say, hey, how about we all drop all of our tariffs?

00:42:07.740 Because that's what just happened with these tariffs.

00:42:10.100 So I don't think you can compare a country that was teetering on the edge and wasn't using it for negotiating with whatever's happening today.

00:42:22.080 There would be just too many differences.

00:42:23.620 And then you might remember, as a cynical publicist, who's on Acts, a great account to follow, cynical publicist, argues that back when Gore was arguing with Ross Perot about NAFTA, Gore argued that NAFTA was a good idea.

00:42:47.520 And Perot was saying there would be this giant sucking sound that would suck the industry out.

00:42:53.680 And Perot was right.

00:42:57.680 So apparently, Perot's argument that we should have some trade barriers, which you would think typically would be bad, probably was right. 0.97

00:43:09.700 So when you think about things that limit trade, you can't really just compare 1930s to today.

00:43:15.820 There are just too many differences.

00:43:17.520 So some are saying that, I saw the Wall Street Journal had an opinion piece, that China had a good week, meaning that things are looking good for China because of this, you know, they just have some kind of negotiating advantage.

00:43:36.780 And they kind of do.

00:43:38.900 They kind of do.

00:43:40.480 So one of the things China has, as I mentioned, is the TikTok thing.

00:43:43.800 Trump has a lot riding on the TikTok deal because I think one of his biggest funders is an owner of it and needs to need some kind of an exit or some kind of a deal to not lose all of his billions.

00:44:01.280 And, you know, Trump's put his reputation on it and now China just yanked it back.

00:44:08.340 So now they have something to negotiate with in addition to the tariffs themselves.

00:44:13.720 So then there's also the China has those Panama ports that we don't want China to be controlling. 0.65

00:44:21.960 But I don't know, does that work for China or against it?

00:44:26.640 Because we could always just go in there and just take it.

00:44:29.280 And I don't think China would start a war over it.

00:44:32.520 So that's part of the negotiations.

00:44:34.400 But I saw today a source that said that China's exports, only 15%, 1.5, is to the United States.

00:44:46.340 And then I said, uh-oh, uh-oh.

00:44:52.800 That means that they're not dependent on selling things to the United States.

00:44:58.320 It's only 15% of their exports.

00:45:00.960 It seems to me they can ride this down pretty well.

00:45:06.320 So they probably played this exactly right by just matching our tariffs, which are unsustainable in either direction probably.

00:45:16.740 Whereas we might need the things they have, like their various parts that are necessary for our industries and the rare earth minerals, et cetera.

00:45:25.740 We might need them a lot more than they need us.

00:45:28.740 And that surprised me.

00:45:30.960 If you would ask me how much of China's exports go to the United States, if I hadn't looked it up, probably would have guessed north of 30%.

00:45:42.480 And if that were the case, then we would have a pretty good negotiating position.

00:45:48.800 Because, you know, 30% of what they export, you know, they're not going to lose that.

00:45:55.140 But 15%, 15% is right at the point where they could say, you know what?

00:46:01.320 There are other people who will buy these things.

00:46:04.460 It's not like we're even going to lose any sales.

00:46:07.300 We'll just sell it to Russia instead of you. 0.99

00:46:10.540 We'll just sell it to Japan instead of you. 0.99

00:46:13.700 So China is in an unusually strong position.

00:46:21.600 So I don't know where that's going to go, but I hope Trump has some negotiating tricks in his bag.

00:46:31.420 Well, according to Fox News, the military looks like it might cut 90,000 troops because of budget reasons.

00:46:39.020 Now, does 90,000 sound like a lot?

00:46:43.020 It does.

00:46:44.480 But we're also entering the drone, you know, age.

00:46:48.880 So if these 90,000 people can't operate drones, I just don't know if we needed them that much.

00:46:58.920 So I guess we're going to have to rejigger our entire military so that we've got, you know, the right mix of people.

00:47:04.940 But it's going to be drone operators, drone experts, drone retrievers, drone defenders, drone everything.

00:47:12.280 So probably 90,000 is survivable.

00:47:19.520 You probably heard that a federal judge ordered that, what would you call them?

00:47:27.080 I'll just say that individual that the Trump administration had shipped off to the El Salvador prison system.

00:47:37.280 And the federal judge said he did not have due process.

00:47:40.540 There's some question whether he was ever in MS-13, but apparently he'll be brought back.

00:47:48.360 I don't have an opinion on this, because if you don't know for sure if he was part of MS-13,

00:47:55.100 Pam Bondi seemed to think he was.

00:47:57.960 I don't know if the evidence for that was good or not.

00:48:01.400 But I don't mind that we correct.

00:48:04.520 So it looks like this was just an error.

00:48:09.480 And he already had a court order prohibiting from being deported specifically to El Salvador.

00:48:16.900 So I think the administration admitted at least that much was a mistake,

00:48:23.280 that they didn't notice that he couldn't be sent to El Salvador because of specific dangers there, I guess.

00:48:32.860 So if he's truly innocent, and he's never been part of MS-13, this is a pretty bad mistake.

00:48:44.240 But we also live in a world where things don't work perfectly, especially if you're moving fast and you're trying to save your country.

00:48:51.280 So I'm not going to defend it.

00:48:56.160 I'm just going to say, unfortunately, we live in a world where this can happen.

00:49:00.460 And I don't have any further opinion on it.

00:49:05.540 Well, Trump's tax plan is being hammered out in Congress.

00:49:11.300 And the Republicans are going ahead with what they call trillions of dollars in tax cut extensions because we don't want the current tax system to time out.

00:49:23.800 It was scheduled to time out, and then taxes would have gone up.

00:49:29.080 But he wants to increase some border security and some military.

00:49:33.940 It looks like Rand Paul and Susan Collins broke with the party and voted against it.

00:49:42.480 But what they're working on is what they call a fiscal framework.

00:49:46.520 You know what that sounds like?

00:49:49.520 If you said, hey, I'd like you guys to come up with a budget.

00:49:54.780 And instead of coming up with a budget, they came up with a fiscal framework.

00:49:59.220 Would you think that they had done a job?

00:50:03.520 If this were corporate America, and you knew that all these people were working on a budget, but what they returned to you with was a fiscal framework, that's almost like not doing work. 0.97

00:50:18.460 I mean, it's pathetic, honestly. 0.77

00:50:20.760 And it just signals a completely broken process. 0.98

00:50:25.820 No, we don't need any freaking fiscal framework.

00:50:29.960 Just give us a budget or maybe give us a few of them so we can pick one.

00:50:35.300 But no, I don't want a fiscal framework.

00:50:39.840 All right.

00:50:41.960 You may have seen this clip.

00:50:44.780 There was a guest on CNN named Ashley Ellison.

00:50:49.720 And apparently she worked for Joe Biden.

00:50:51.880 And she said, I work for Joe Biden.

00:50:54.820 And if the people around him knew that he was not capable, it is unacceptable that they allowed him to go on that stage.

00:51:02.180 And her excuse was that she worked for Biden, but she didn't spend time around him.

00:51:08.460 So therefore, she was surprised to find out he was mentally degraded and the insiders knew it. 1.00

00:51:14.720 To which I say, nice try, Ashley Ellison, trying to cover your ass. 1.00

00:51:20.100 The rest of us knew it just because we had televisions and eyes. 1.00

00:51:24.260 You did not need to spend time around Biden to know that he was mentally degraded.

00:51:29.820 We've been over this. 0.99

00:51:31.260 But I think all the Democrats now are trying to find a get out of jail free card where they can give you some reason why it wasn't really their fault that they were supporting a candidate with no brain. 0.81

00:51:45.000 And this was a good try. 0.78

00:51:49.300 If you weren't paying attention, you might say to yourself, oh, OK, well, they lied to her.

00:51:54.460 I guess she's mad at those other Democrats.

00:51:57.240 And this must be the honest and smart one, because it sounds like if she'd been in that situation, she would have told people. 0.93

00:52:03.600 No, she's just another Democrat liar who absolutely knew he was mentally degraded because everybody did. 0.79

00:52:13.120 Everybody who had eyes knew it. 0.76

00:52:16.040 So don't lie to us, you know, a year later and say, well, I didn't spend any time with him.

00:52:23.840 How could I possibly know?

00:52:25.820 Now, do you think she also doesn't notice that Kamala Harris is often inebriated in public? 1.00

00:52:31.480 I guess we'll have to wait for a new book to come out.

00:52:35.620 And then people will say, well, I didn't spend much time around her, but, you know, how could I possibly have known?

00:52:43.380 Just watch the videos.

00:52:45.960 Just look at her. 1.00

00:52:47.820 It's kind of obvious.

00:52:50.140 Pierce Morgan knew.

00:52:52.260 When I found out my friend got a great deal on a wool coat from Winners, I started wondering, is every fabulous item I see from Winners?

00:53:00.700 Like that woman over there with the designer jeans. 1.00

00:53:03.840 Are those from Winners?

00:53:05.340 Ooh, are those beautiful gold earrings?

00:53:07.800 Did she pay full price?

00:53:09.160 Or that leather tote?

00:53:10.160 Or that cashmere sweater?

00:53:11.360 Or those knee-high boots?

00:53:12.800 That dress?

00:53:13.640 That jacket?

00:53:14.320 Those shoes?

00:53:15.340 Is anyone paying full price for anything?

00:53:18.280 Stop wondering.

00:53:19.580 Start winning.

00:53:20.500 Winners.

00:53:21.080 Find fabulous for less.

00:53:22.480 So we learned a little more about that mineral deal with Ukraine that kept falling through.

00:53:30.760 Scott Bessent was talking to Tucker.

00:53:34.360 And here's what he says.

00:53:37.000 So he says that apparently Zelensky had guaranteed that the deal was on and then kind of threw the U.S. under the bus by, you know, going into the White House and the knackling like it wasn't on or he was still negotiating and blowing it up.

00:53:54.500 And here's what Scott Bessent thinks is the real reason the deal looked like it was going to be signed but then wasn't.

00:54:03.980 Now, this is his own speculation, but he's pretty clever, so I think I'm going to go with him on this.

00:54:10.520 He said, quote, he said to Tucker, quote, you know who doesn't sign that deal?

00:54:16.560 Someone with their hand in the till.

00:54:19.400 Because apparently the mineral deal was designed in a way that was hard to skim.

00:54:26.300 So that the Ukrainian people would have gotten a benefit and the American people would have gotten a benefit, but it would not have gone through the skimmer in between third parties who want to take their billion dollars from everything.

00:54:39.780 And so it was the criminals who killed the deal because they weren't getting a cut.

00:54:47.280 Now, he doesn't have proof of that as far as I can tell, but it would explain everything we saw.

00:54:56.940 So the fact that it explains everything has some weight, but that's his opinion and I won't argue it.

00:55:04.240 I guess the Supreme Court gave Trump a win on the DEI funding for schools, so now he's going to be allowed to block $65 million that the Department of Education otherwise would have granted to Democrat NGOs to promote DEI in schools.

00:55:22.160 It's amazing to me that DEI is just flat-out illegal, and we still have to fight to defund it.

00:55:30.740 How many illegal things that are obviously illegal, and the government has, you know, the current administration has declared illegal, how hard should you have to fight to not give money to the illegal thing?

00:55:46.500 It's just incredible.

00:55:48.060 Speaking of that, James O'Keefe got on Hidden Video on his OMG company there.

00:55:55.340 He got this NIH official who said that he was coaching researchers how to work around the DEI ban by using the word ancestry instead of race.

00:56:10.500 Oh, my God.

00:56:12.280 And, you know, it's just a typical white guy.

00:56:14.980 It's always a white guy.

00:56:16.220 I feel like, you know, the worst offenders are the white guys who just can't, they can't let go of their DEI because they have their jobs, so they want to make sure that, you know, no white guy coming up can get their job.

00:56:31.020 Then, FBI Director Cash Patel says he's going after China's influence on American farmlands.

00:56:39.640 So, you know the issue.

00:56:41.840 China has bought a whole bunch of farmland in the U.S., and a lot of it is near our military bases.

00:56:48.300 But, to me, this seems like as big an issue as it is, it seems to me like it's one of a thousand things that China's doing to the U.S. every day.

00:56:58.700 Apparently, China's expenses for spy stuff on the United States is just through the roof.

00:57:09.740 That's Fox News was reporting on that.

00:57:11.800 Then, the European Union is still trying to censor Elon Musk on X.

00:57:20.200 So, interesting, engineering is talking about this.

00:57:25.220 So, the European Union, the regulators are trying to levy a billion-dollar penalty against X.

00:57:33.420 And it's because they violated their European Digital Services Act, according to the New York Times.

00:57:44.640 Now, we assume that all this is just a way to get to Musk and, you know, defang him and also to destroy free speech in the United States because X is the primary place.

00:57:56.280 And if they can find a way to make it impossible for Musk to stay in business, then the last bastion of free speech in the United States will be destroyed by Europe.

00:58:09.460 Probably with the help of Democrats in this country, but by Europe.

00:58:13.480 Now, I've got to say this puts the future of NATO very much in question because I'm not willing to defend a country that's destroying free speech in the United States, no matter how cleverly they do it.

00:58:30.940 And this is kind of clever.

00:58:32.380 They're fine.

00:58:32.880 You know, they create a set of laws and then act like it's for everybody, but then they really go after X and try to put them out of business.

00:58:40.900 Unacceptable.

00:58:41.340 Unacceptable.

00:58:42.460 Absolutely unacceptable.

00:58:44.920 Now, whatever Trump does, and I assume he'll respond to this, whatever Trump does in response, it should be a 10 out of 10.

00:58:53.380 In other words, we should never have this conversation again.

00:58:56.860 We should never, ever be talking about Europe ending free speech in America.

00:59:02.200 If they bring it up again, I mean, I would just say we're out.

00:59:09.480 You know, good luck with Putin.

00:59:10.600 And just remove all our assets and say, good luck.

00:59:16.140 But I definitely wouldn't change anything at X if that's possible.

00:59:22.820 Well, the U.S. Air Force is retrofitting some of the F-16 jets with software to make it autonomous.

00:59:33.220 So, there'll be no pilot.

00:59:36.700 And they've got several of them that they're working on.

00:59:39.140 They've got six of them they're playing with.

00:59:41.320 And apparently, they're pretty close to having autonomous jets, at least the F-16s.

00:59:47.120 Now, at the same time that we're putting these F-16s up autonomously, the U.K. has developed a drone killer laser weapon that only costs them $13 per shot.

01:00:03.380 And it usually takes one shot to take on a drone.

01:00:07.020 So, I'm not so sure that F-16 drones are going to last in the battlefield too long.

01:00:13.940 Because, you know, you've got to figure all of our adversaries are going to have these $13 drone killing lasers, too.

01:00:21.400 So, your drone better cost a lot less than an F-16.

01:00:28.740 So, I don't know.

01:00:30.560 I don't know if the F-16 drones have much of a future.

01:00:35.140 According to Ars Technica, most Americans think AI won't improve their lives.

01:00:41.400 But the people in the business think it's going to be terrific.

01:00:44.020 So, there's this gigantic difference between the people who are just casually reading the news about AI and saying, I don't think this is going to make my life better.

01:00:55.100 And then the researchers and the techies saying, oh, man, this is going to be the most amazing thing.

01:01:00.900 So, we're really not on the same page on this.

01:01:05.100 We'll see.

01:01:06.640 All right.

01:01:07.260 That's the last of my stories.

01:01:08.360 I'll remind you that Owen Gregorian is going to host, in just a few minutes, an after party on the Spaces app, which is within X.

01:01:20.760 So, go to X.

01:01:22.060 And if you can find my account, you'll see I reposted the link.

01:01:26.360 Or you can just search for Owen Gregorian on X.

01:01:30.020 It'll pop right up near the top of his feed.

01:01:34.860 And just click that.

01:01:35.780 I will probably be listening, maybe anonymously.

01:01:39.280 But that is all I have to say for today.

01:01:42.380 I hope it made you all a little bit smarter and happier.

01:01:45.540 And I will see you again tomorrow.

01:01:48.320 Same time, same place.

01:01:50.280 And I'm going to say hi to the locals people privately in 30 seconds.

01:01:56.300 But I don't want to hold you up too much from going to join the spaces.

01:02:01.120 All right.

Real Coffee with Scott Adams - April 05, 2025

Episode 2800 CWSA 04⧸05⧸25

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