The Trillionaire Mindset - 55: Biden's Newest War

Episode Date: October 14, 2022

Become an exclusive member at https://tmgstudios.tv What’s happening with the Bank of England? Is Rivian digging itself a hole? Is Elon Musk just a dude going through a midlife crisis? The Trill duo have the answers. Stick around for a deep dive on how America is combating Chinese tech manufacturing…because it might affect all of us. Go to http://masterclass.com/trill for 15% off MasterClass. If you listen on Apple Podcasts, go to: https://apple.co/trillionaire SUBSCRIBE to Trillionaire Mindset at https://www.youtube.com/trillionairemindset Trillionaire Highlights Channel: https://www.youtube.com/TrillionaireMindsetHighlights Trillionaire IG: https://www.instagram.com/trillionairepod Trillionaire Twitter: https://twitter.com/trillionairepod TMG Studios YouTube: https://www.youtube.com/tinymeatgang TMG Studios IG: https://www.instagram.com/realtmgstudios TMG Studios Twitter: https://twitter.com/realtmgstudios BEN https://www.instagram.com/bencahn/ https://twitter.com/Buncahn EMIL https://www.instagram.com/emilderosa/ https://twitter.com/emilderosa *DISCLOSURE: THE OPINIONS EXPRESSED IN THIS VIDEO ARE SOLELY THOSE OF THE PARTICIPANTS INVOLVED. THESE OPINIONS DO NOT REFLECT THE OPINIONS OF ANYONE ELSE. THIS IS NOT INVESTMENT ADVICE. THE VIEWER OF THE VIDEO IS RESPONSIBLE FOR CONSIDERING ANY INFORMATION CAREFULLY AND MAKING THEIR OWN DECISIONS TO BUY OR SELL OR HOLD ANY INVESTMENT. SOME OF THE CONTENT OF THIS VIDEO IS CONSIDERED TO BE SATIRE AND MAY NOT BE CONSIDERED FACTUAL AND SHOULD BE TAKEN IN SUCH LIGHT. THE COMMENTS MADE IN THIS VIDEO ARE FOR ENTERTAINMENT PURPOSES ONLY AND ARE NOT MEANT TO BE TAKEN LITERALLY.*

Hey, everybody, I hate to just get straight into it, but we've got breaking news out of the UK. There's, as you may have seen, there's some pretty crazy stuff going on with the Bank of England and the pension funds over there. Struggling news, struggling news. It's all pretty crazy, but it is also a kind of exciting time because we are, we do have a foreign correspondent. It's the very first time in the history of the show that we we've we've got a he's a he's a journalist

He's a Scottish journalist. He's based out of London Taylor Stewart Taylor. How are you? Hey, Ben? How you doing? Good to meet you both. Hello. Yeah, hey Doing all right. Yeah, thanks for doing this Taylor. Yeah, why don't you give us a little give the audience a little background on who you are and and Yeah The problem near my pleasure. Hello everybody. Hi everybody watching. I'm Taylor Stewart I'm a journalist who majored in Plectical science and financial logistics at Florida State University and I currently live in London and in financial logistics at Florida State University. And I currently live in London and report on what's happening over here, politics wise.

And as you can probably imagine, it quite a lot of my plate at the minute. Yeah, no kidding. There's a lot going on over there. By the way, my deepest condolences to you about the queen dying. I'm very sorry. I know that you... Ah, oh. Yeah, the Scottish really, really have a soft spot for the Queen. We all basically love the Queen. And when she died, it was a heartbreaking day.

Yeah, I can imagine. You wake up and suddenly it's like a mother figure or a grandmother figure is gone. Well, she died about, actually, but this time she died about 5pm. So I was already awake. Right. You were died about 5pm. Uh huh. So I was already awake. Right, right. You were awake at 5pm. It wasn't an actual nightmare, but it was like one. No, it was like 11 within a nightmare.

Yeah, it was like 11? Oh, living, living. Yeah, living with it in a nightmare. So we keep seeing headlines about this pension crisis going on in the Bank of England, because you've got a new administration there, right? And the new head of the bank. Ah, basically the banking situation right now, it's like a big game of chicken. Basically, this game of chicken involves two drivers, both headed for each other,

but coming from opposite directions and come on, imagine that. Yeah. First to swear, if I way will lose, the winner gets his zoom off and in the distance triumphant Neither person swears You have an almighty crash that can take down buildings and bystanders. That's how I like to look at this Yeah, and that's what I see happening a humongous crash with casualties everywhere real casualties as well as figurative casualties

Yeah, because in the the two drivers in this game of chicken are the Bank of England in the pension funds, right? Yep, yep, yep, exactly. The thing is with the UK economy, the UK economy in a nutshell, is a bit of a double-edged sword, so to speak. In what sense? In many senses, when it comes to a Luz trust the new PM,

the fact is you get what you've voted for. Now I personally didn't vote for a lot of people did and the thing is fair is fair. Got it fair is right in this we trust in lose we trust. Are you feeling the sting from inflation? Like what's going on in your day today because inflation is worldwide what's going on? The price of crisps are they up? is it was worldwide what's going on with the price of crisps are they up the way I see inflation it's like a big balloon right right it's okay it's okay Taylor you got it the Scottish love balloon season yeah he's really good at that a balloon you inflating you inflate it in the bigger and bigger it gets an eventually a busts and that is a problem for your bullion. That's you can't argue with that. You really can't argue with that.

You can't make Donald's McDonald's double cheeseburger is a pound 40 or something now that I'll put that in a dollars. Well actually, no what? This is actually a good point as well. The pound and the dollar are almost identical now. They're almost identical and worth now. It used to be right the pound used to be a mate mighty it used to be so mighty compared to the dollar, but these days it's pretty much gone the way the doubloon Yeah, it's the balloon that popped yeah The doubloon, but yeah, oh a doubloon Yes, it's gone the way of a doubloon. Right. What is it? Pirate money. Yeah, it's like money from Like pirates the blue right what is it like pirate money yeah it's like money from like pirates yeah I didn't

know that that's what that was called the blue yeah the balloons yeah it's like all-time money like from I don't know pirates pirate sort of cities yeah well well we certainly appreciate your time Taylor and if you don't mind we'd love to check in on you from time to time to take. I would love to come back, yes. Yeah, to gauge the, to get a gauge on what's going on in the UK. And again, we're very excited to have you on

as our very first international correspondent. Yeah, we've needed an on the ground man in London and you're our guy. Yeah, it's my pleasure. Before I go Can I please pitch something to you please sure we'd love it? It's known as the metric minute think about it like this A lot of confusion arises when it comes to discussing time and money. It's a bit of a mess really one minute equals 60 seconds Yet one dollar is a hundred cents. Does that make sense to you? No, never has. I was always suss about that. The workaround for this economic crash is to integrate my metric minute,

100 seconds in a minute, 100 minutes in an hour, $1 per minute equals fair is fair, time is money after all. Hey, I love it. I'm on board. I think that that's something that you should try to pitch to the to Liz Truss and then she can pitch it to the UN and we can... UN is my target. Like for some sort of attack? No.

Oh, oh. No. For the metric. For the metric. Oh, my God. Yeah, yeah. It certainly sounds good to us. Sounds like we get to resolve a lot of problems.

Yeah. Anyway, Taylor, thank you so much. Have a bag of crisps for us. And yeah, we'll check into you soon. Thank you. Thank you. Thanks very much guys. It's great. Excuse Leah. Bye. Welcome back to the be band when I get done with you Welcome back to the beat man when I get done with you Fill me up though Be quick solves this

Welcome to the show guys, I don't know about that guy. I don't know. I'll have him back, but I don't know if that was our... If he was an expert? Yeah. He's an expert. Trust me. I mean, we looked over his resume. There was a lot of acronyms though.

I don't know exactly. He said BBC, but that could have stood for anything. Yeah. A lot of... There's different ways you can... You can define BBC. I think we should have called those references. Yeah.

Yeah. Well, by the way, you gotta check the disclaimer in the description box, guys. Click see more. Hey Steve, hey Steve's lets. So, wow, yeah, that was the Bank of England debacle. And I really am curious how that is going to play out because that's one of the bigger Stories in the news right now

What's gonna happen? Sorry my thought was down. No, it's okay So I got a button fly that didn't happen to me button flies are the worst button flies are the worst I got to go over the top. I got to pull my penis out and do the whole thing. Yeah, yeah, I'd rather stick it through the hole Like comment subscribe hold my penis out and do the whole thing. Yeah. Yeah, I'd rather stick it through the hole. Like, comment, subscribe, trillienerstore.com. Rate on audio platforms, do all of that stuff. Yeah, do all that shit, come on guys, hurry up, get it together, get your freaking act together here.

We're sold out of Colombo shit. I already got people saying, hey, when are you gonna restock? My boyfriend got, he's got Christmas coming up. It's his Christmas coming up. It's his, it's his, it's Christmas coming up. It's his it's his a celebrated different one Yeah, it's he one of those guys is like Jesus was actually born in April. This is a yeah those guys just for a Lime in January whatever. Yeah, I know I think it's further away than oh Well, it's like September or April or something. Yeah, some guy will let us know in the comments

Yeah, hey some guy you're out there. Let us some freaking point Dexter Yeah, actually it wasn't until the Gregorian calendar that I remember there was one year when Hanukkah ended before December even started Oh, I remember that that was that suck. It was like 2012 Yeah, man. That was the end of the world remember the mine calendar or whatever do you done 12? Did you celebrate Christmas? No. Some Jews celebrate Christmas. I know. I actually should now because, okay, you want to hear something fucking tragic? No. I'll tell you anyway. Okay. When I was a kid, so I have an older half sister and half brother

on my mom's side. And my mom is the non, the non, yeah. Well, that's not the whole part. Oh, but that's the non Jewish side. So they were raised in just not even a Christian household, but just like they, you know, had Christmas. They lived with us. And until until age six, six or seven, when they moved out, my brothers and I had Christmas and Hanukkah. And it rocked. I loved Christmas.

I loved the smell of the tree. I loved the morning thing. And then when my brother and sister moved out Christmas was no more. It got taken away from us Damn dude. Yeah big time damn big time damn like well, can we just keep doing it? So I've grown up with this like Uh, you might as well do it. It's like there's nothing else going on You might as well do it. It's like there's nothing else going on. Yeah, but I do kind of like Christmas morning, waking up alone, and I'm in my apartment alone,

and I'm just like, it's just another day for me. Everybody's doing their thing, and they open it up gifts, and talking to grandma and stuff. Not me though. I'm just eating oatmeal. It doesn't feel religious to me. I'm not a religious person, so I'm just like, oh, it's that two week period

where everyone gets off. Yeah, that part I love. That's a two week. Yeah, it's cozy as hell. Damn, I should just get a tree and just say, fuck it. But they do, they do check. They check? Yeah, you get through the door.

Do they show your foreskin? You gotta show a shirt that everybody's got there. It's cut. Most people. What was I gonna say? Oh yeah, you know man, I'm really pissed off this morning. You got a show a shirt dick Everybody's got theirs cut most people What was I gonna say? Oh, yeah, you know man? I'm really pissed off this morning the the inflation numbers came out and they were a little hot And so the market gap down and I thought you know what? I'm gonna get long and I didn't and then on the this is how I suffer for you people and then the market said

I actually don't give a shit the market just fucking rallied off the lows. And I'm driving to, we're driving to do the show. And I'm, I'm keep looking at my thing in the spy, just keeps rallying and I'm like, mother fuck. I could be, I could be killing it right now. But I wasn't. I bought, I could be, lose a bunch of money. Or I'd be, would be, lose a bunch of money. Did I say that?

Yeah, something like that. I can't be sure. Maybe lose a bunch of money, it's that. Oh, maybe I would lose. Yeah, probably, but who knows? I got my laptop over there. We'll, we'll, Because every time you can't trade, you're like, you're like, oh man,

I'd be fucking just crushing it right now. Yeah, well, the problem is that I got long yesterday. I got long too early. So it's this bad combination of getting long too early. So all those positions go down. And then this morning, we start down, and then I don't get even more long. It's just a fucking stupid mess. But I noticed a correlation between today and February 24th. It was this similar. We on February 24th also a Thursday. We had gone down like the several days prior and then Whoa just like open way down and then rallied and it's like identical. It's funny

You can't remember what we talked about last week, but you're like this reminds me of February 24th Well, I didn't know it up. I zoomed out on the chart and I could see it I was like, oh yeah, there's that big white white candle right here We got a lot to cover today guys. We're gonna be talking about OPEC. We got all sorts of headlines. We're gonna talk about China Just those three things And other shit, but like all right, let's get right there. We're gonna talk about a bunch of stuff guys You remember Rivian we talked about we were talking about them a bunch when they were IPO-ing. Should, wait, wait, real fast. Oh my f**k.

Should we do, I can't pull it. Should we do, it's the cold brew and I got my vibe. I know, just don't swing it. Just don't. We, till I pop these vitamin Bs right here, cause it's gonna, my head's gonna explode and you're gonna get blood splatter on you. Should we do something?

Ben, just do whatever you want. It's just good. No, no, no, no, no, no, no. I just wanna ask you and the people, should we do like, no, we've, headlight. We've talked about it already. Oh, okay Sorry, man. Go ahead. Really? I'm pushing the microphone. No, no, I don't want to go

No, cuz it feels like if you don't talk you feel the need to talk I'm shaking my head no go for it. I will I you I wanted you to do the headline. I just was asking should we do a graphic or something? I wanted you to do the headline. I just was asking, should we do a graphic or something? That's cool, buddy. You got it. You guys remember Rivian, right? I feel like I've aged 20 years since we've talked about Rivian.

Rivian, we talked about their IPO. It was a big fucking deal, right right people were talking about the Tesla killer 100 billion dollar 100 billion dollar IPO. Wait, but what are they what is their market cap now like fucking 33 billion or something like that? I actually don't know. I think it's I think it's been a bad Tell me I'm curious. Let's see. I'm gonna say 33 billion 29 billion god you were very close. So yeah, have a bit of a... I'll tell you what, it's also very funny too,

because when this was happening, I was like, fuck, I want to buy in. I think this is gonna be huge. And I'm so glad I did not. But the big headline news is they just recalled nearly all of its vehicles over a steering issue. It's not a huge deal. You know, car manufacturers are recalling their cars all the time. vehicles over a steering issue. It's not a huge deal.

Car manufacturers are recalling their cars all the time. It's just tough for this brand new car manufacturer. Yeah, it's a little different when GM is like, hey, some of these cars have like an airbag fault, but Riveans like we got all of them, all of them are kind of fucked. I also didn't realize how annoying it is to... It's got a suck to own one of these if you don't live in, say, California or,

I was looking at, they have like 20 service centers across the country. Jesus Christ. And they say this thing of like, oh, well, we'll drive out to you. You could live like a thousand miles from one of these service centers. Absolutely insane.

Yeah, they're saying that it discovered that a fastener connecting the front, upper control arm and steering knuckle may not have been sufficiently torqued in some vehicles. So man. Also, this is the third, third recal, recal since we came production last year. Okay, I mean, that's, dude, Tesla had a ton of recal.

Yeah, it's not a huge thing. It's just another, they're getting, it's another hit in this tough little. I just feel like Rivian is perfectly representative of the easy money market that we've had for so long where just shit like that, I mean, there are revenues that said we're like 55, excuse me, 55 million.

And yet, they're sporting a market cap of 30 billion. Like when Tesla IPO did IPO to like, you know, a billion dollars. Right. And I remember thinking that that was expensive back then. Fucking idiot. I also think it's, you know, because when it was happening, everyone's showing, what are these, this is bigger than most,

this is bigger than some auto manufacturers who are established, right? Yeah. And now you're seeing all this, it's just insane, man. Yeah. Yeah, there's the service center locations on a map. I know, so I was googling it or I was searching it on Twitter.

And it's also got a little bit of the Tesla thing where people were like defending it. I had my Rivian service and it was very easy. There was no problems at all. And so I was, I was clicking their profiles and seeing where they lived. And the one guy lived in Salt Lake City, it's like they have a service center in Salt Lake City. But I see these Rivian trucks now,

and I'm like, they're cool looking, but I wouldn't want to drive one. I'd be terrified that something's gonna go wrong or like one day, there was one guy who just like couldn't open his anymore. Because it's like all, that's the thing, man. All these electrical parts are, I don't, that's why I like my old Volvo. It's just knobs it's that's the thing man all these electrical parts are I don't that's why I like my old Volvo It's just knobs knobs and buttons. Oh man. I was gonna show you in in after ours

But can we I want to show you the link of this oh the GM I Think it's an electric car. It's the glove box. This is gonna drive you nuts So it says please God know and it's it's a it's a GM car. So it says, please God know. And it's a GM car. It used to be, you know, everyone knows how you can open your glove box with a little handle. So now you go to the screen and you have to go into settings and then you can, they've got, you know.

Yeah, I, that's, that's what, like my mom drives like a, or used to drive a new Hyundai and I'm driving it and it's like dangerous just to change the radio station. It's like I've got to hit media Oh, no, there's radio okay radio It's just just give us knobs man. Right. You don't want a giant screen. That's why I'm saying my brain should be the blueprint for society My opinions on things should be how it works. I don't know if I don't know if I can enjoy that. We be a utopia man, trains everywhere. Trains playing.

Well that's the, so there's, no. This huge article came out in Bloomberg also. It was, even after $100 billion invested, self-driving cars are going nowhere. And so, you know, we always are talking about the trains. And in my head, I was like, you know what? The trains aren't gonna happen.

We'll probably have self-driving cars picking me up. It's fucking self-driving. But there was this huge article talking about how problematic it is and how, after all this money invested, why are they problematic? They just don't have the tech. And so they talked to this guy.

Let me find his name. Elon Musk, according to him, since 2015, we're always one year away from fully automated self-driving cars. It would be, I can imagine self-driving cars work if you were to build a city from the ground up now. Like you would have to build the infrastructure out now and do it that way. You can't just do it on existing infrastructure because it's so inconsistent across cities

and municipalities and state. You'll see the big guy. You'll see a big picture of a guy in front of a... I wanna see a big picture of a guy. Look at this guy. He's huge. Wait, but so this, what's his name? I can't even read it.

Levin Dowsky. Yes. So this guy, the only reason he's not in jail is because Trump pardoned him. Well, I'm fucked, that he knew. He was, I think he was working at Google for their self-driving stuff and then Uber wanted him. And Uber said, if you come over,

we'll protect you if you get sued. And he, Google got really pissed and said he brought over a laptop and, you know, with all the straight secrets and everything. And, yeah, apparently he was gonna go to jail, Trump pardoned him. I don't think Uber protected him at all. But he, that's the thing.

He's a big, he's one of the big guys they talked to on this because he basically left, he was like, the tech is not there. And that was one of the things he was talking about in the lawsuit. This is all such a joke. Like Google thinks I had the secrets. He was like, where is Uber's self-driving cars

that I gave them? And the truth is that they sold off their, they sold off their self-driving. Oh, Uber did, Uber gave up. Yeah, yeah, I think after it like killed another pedestrian, they were like, yeah, maybe this is not here. So what he did, he was like, yeah, the tech for driving around in cities and stuff is just, he's like, he said, it will come,

but we will either be very older dead. Wow. And so now he's working on these like self-driving trucks. He was like, you know, on construction sites and stuff, it could be, could be workable. Yeah. But yeah, one of his big things is he's talking about, so they basically learn by memorization, and they don't have this intuit intuitively that a human driver has. Oh, they memorize the roads. Yeah, and so he's like, they're trying to get, they're trying to run these situations over and over again, but even, so he talks about like pigeons.

If you're driving down the highway and you see like pigeons on a barrier or whatever, you're going to be like, I know that those pigeons might fly by, and that's okay. A computer's like, okay, I see objects over there. Oh no, they're jumping out of it. Yeah, yeah, yeah. And so they freak out. And it also, I mean, it has a ton of, people should read through it.

It's very interesting. It has a, well yeah, what the smartest self-driving car sees on the other hand is a small obstacle. It doesn't know where the obstacle came from or where it may go, only that the car is supposed to safely avoid obstacles, so it might respond by hitting the brakes.

Or swarming. Yeah. The huge thing with self-driving cars is the rear end each other, I guess. It also has a lot of funny stories about in San Francisco, I guess there was this woman she had to call Google. No, I think she called the news first because she was trying to tell Google.

But do you remember what their self-driving car companies called the Waymo? Yes, Waymo. So it's just for some reason, just lines of Waymo's would come and pull into her driveway and turn around. She's for driveway? Yeah. Why? And like her neighbors were saying, it was just some weird, they thought that's where they should go to turn around. Huh. for a driveway? Yeah. Why? And like her neighbors were saying, it was just some weird, they thought that's where they should go to turn around. Huh. Oh, I'd start leaving out spike strips or something.

Yeah, and so. Paintball gun. It's, it's very funny. They talk about, there's an entire social media genre featuring self-driving cars that become hopelessly confused. When the results are less serious, they can be funny. They can be funny as hell. In one example, a Waymo car gets so flimaxed by a traffic

on that it drives away from the technician sent out to rescue it. And another entire fleet of modified Chevy bolts show up to an at an intersection, simply stop blocking traffic with a whiff of maximum overdrive. And a third, a Tesla drives at a very slow speed straight into the tail of a private jet. That's cute.

That's funny. Also, I didn't know that, because they talk about, their whole big thing is that humans are unsafe drivers. Yeah. And there's article kind of like debunks it a little bit. Well, we're unsafe when we're distracted, when we're intoxicated, when we're tired,

when we're otherwise just, when people have diabetic shock, things happen, like road conditions may not be the best. Yeah people Hey people people with dude People do people die these tech guys though Do you remember the Tesla there was a Tesla there was a guy Up in a really rich guy some tech dude up in um the Bay area Was doing his self-driving and it his Tesla crashed and it killed him.

And he had just been bragging on social media about it days early. Like, I love my Tesla, you know, full self-driving. And after he died, a bunch of Tesla permable guys took to Twitter to say like, he died for the cause. No. His death is, some guy then drove the same route a few days later and it avoided the very obstacle that like killed the first guy.

And he said, see, it's already learning. His, oh, dude. Speaking of Tesla, what is this about Elon Musk's social calendar? You said you felt bad for him for a moment? I did feel bad. We do, we do be having the capacity for empathy. Only in the sense that I think I feel bad for us, because like that,

I'll explain after we read some of the, so the New York Times put out this entire, it's very long. This one you should also read. It's, it's very funny, because we're not going to get to all of it, but it's, uh, what's the title of the article? Elon Musk has the world's strangest social calendar and Just such a fucking also this one. I had to Google I had to Google the journalist because I was like Did Elon fuck this guy's girlfriend or something? Why is he and? So it's basically just about how big of a weirdo and loser Elon is he like like, you know, takes dig it as childhood. Mr. Mosqued a difficult childhood in which he was bullied and attacked

to the point of hospitalization by classmates. What did they know? You know what I mean? Didn't he, wasn't he a bully? Not according to this. Didn't he bully some did for having a dead dad or something? Sounds like something he would do. Oh, your dad is dead, ho.

Now at 51, he seems to be living the teenage years. He never had party's drugs, popular friends, beautiful girlfriends, jokes, crack tune, adoring audience without quite escaping his own innate insecurity. Isn't this an insane? You already had that time with PayPal and x.com. I know. He lived that. He bought, he like famously bought a McLaren on TV.

Or like it, he took the look at it. Oh yeah, he invited them over. Yeah. He's like, come watch me drive this McLaren down the street. And then he crashed it. He didn't have it insured and he crashed it. I think. Oh, Jesus.

Yeah. Who fucking cares? He seems to be doing fine. Mr. Musk once acknowledged an interview with Axel Springer's chief executive, Matthias Stoppner, that he gets lonely in a 2017 interview with Rolling Stone. He said that as a child, he vowed to never be alone. And so now he's got all these.

They talk about his Twitter habits and how he's like an adolescent on there connecting with regular Joes. They go through, this is what sound said. Mr. Mess claims he hardly ever takes vacations according to Sam Teller of Venture Capitalist who is Mr. Mess's chief of staff from 2014 to 2019. The billionaire celebrated his 48th birthday in a small conference room at the Tesla factory in Fremont, California with a cake and a half doesn't go workers. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad.

So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. So sad. Shut up! It's like the member of the way back when the Kirk Cameron birthday party. Yeah, with the subway sandwiches.

Was it subway sandwiches? Yeah, yeah, like subway sandwiches. I thought it was him just like blowing out the candles in the conference room. Kirk Cameron was a Christian, is a Christian actor, producer, guy, and there was a famous photo of him on Twitter just in a pathetic conference room blowing out a pathetic candle on an equally pathetic birthday cake. You know what's not going to be pathetic, my birthday, because I'm going to be in Tokyo, Japan. With?

Yeah, boy. And my brother. And people, you guys are going to lose your minds over my hot little brother. Is he hot? Yeah. Follow us on Instagram if you want to post a post on his hot brother. Yeah, I'm going to post him regardless. People are going to are gonna be like damn he looked like that guy who chops wood on TikTok We got a we got to throw you an Elon Musk Esk birthday party

That's what it's so all these rich people just seem like these kind of like wounded nerds Yeah, and they are now making up for it all and it's so corny like because we all have to we We bear the brunt of it. Yeah. And now we get his ambitions are voice did upon all of us with these fucking tunnels and his, you know, but it's not just him,

so it's like full driving. Also, self driving. They talk to a bunch of people. If I was, if I was Elon or any of these guys would be like, yo, why are you telling the fucking news about our nerdy ass parties? Tell them we were in in in cuddle puddles. Yeah, they said.

Cause I guess Elon was saying, oh, it wasn't, it wasn't the sex party and cuddle puddle. And then one, one, a guest at the party said, I actually saw Elon Musk participate in a cuddle puddle. God, I'm so tired of all this. Just gross to think about all these like 50-year-old tech dudes like on Molly, just like, we're changing the world. We're changing the world. We're changing the world.

I also, and that's the thing to their, their old. So they, he hosts all these funny theme parties. He's at a Japanese theme party and he threw in Terry Town, New York. Mr. Musk injured his back while grappling with the Sumo wrestling world champion. Oh, it sounds like he's got such a sad. All right, we're moving on. Fuck, I'm fucking tired. Hey, you know, we should get the summa wrestler to accidentally kill him.

Yeah, we should get some, I just, no, we shouldn't do anything. I'm just saying that I have hope, I have dream that thing happened to somebody. I don't know who, but somebody thing. I hope I have hope I have dream. Something should be, some tragedy might be fall. No, but so that's what I was, the sad thing to me is that like all of this, we have to put up with this whole mess

because some guy is just like a wounded lonely guy who was bullied. I'm just pissed because we gotta deal with it for the rest of our lives. And the way, you know, it seems to not even know what to do with the money, right? Like they talk about, he's like, I don't take vacations. Why would I do that? Because he doesn't know how to just be.

He doesn't know how to relax. Get a hobby. The one guy said, like, if Elon Musk is fun to hang out with, if your idea of a good time is working all weekend, or like talking about, I don't know, like talking about Joe Rogan type stuff is fun for an afternoon, but it seems like that's all he talks about to the point where the more you talk to him about it, the more you realize he doesn't know shit and he just talks to hear himself talk. Yeah, but people, people love that.

And he, that's, so I think it opens with talking about the, the Galein Maxwell picture. Yeah. And they were like, you know, we apparently, we talked to the reporter who took the picture. And apparently him and Galene were talking for a while. And Galene was asking him like, why don't, why haven't other civilizations come here? And Elon was like, well, have you heard of the filtering process? The great filter. Yeah. Yeah. You know, I, I frequently think about when, or I don't frequently think about it. No, you do. Occasionally I see clips of, you know, Lex Friedman.

Oh yeah, the Lex Super Popular podcast guy. Yeah. Have you ever watched Lex Friedman? I don't understand. He is the most dry, boring interviewer. Oh, you don't understand the interviewer? Yes. But there's, and watching him interview Elon Musk is like the biggest fucking snooze fest ever.

Uh, Lex Frieden, it's, it's, it's, it's two, it's two things that bother me. The way Lex Frieden asks him a question, and then the way Elon Musk doesn't say anything to fill the air. So Lex Frieden will go, so you think a lot about robots. He's got to be more. That's exactly how he is. Lex Readman will say, so you talk about robots and you think that they're going to be the future in autonomous driving. There's going to be everywhere. What do you think about what do you think about the prospect of Tesla? Having robots drive cars

Just like that and then Elon Musk just goes Then you got I think the I think that Tesla is... Just... And then he does that because he knows all his little fucking jerk off fanboys are gonna be in the comments going like, Oh, that's his system processing. Well, you know what? He's got a slow as fuck processor. If he's such a genius, he should be able to just answer the question.

He's thinking about the whole world, man. He's factoring in things you don't even know about. Or maybe he's a little bit hungover from his fucking sumo wrestling party. Maybe he did bunk Molly. It was in a cuddle puddle. I seriously, I almost need a cuddle puddle. You ever been in a cuddle puddle? No, but I almost need a second.

Cause sometimes, sometimes I think about this shit and I'm like, can you pull up a clip of Lex Friedman asking Elon, just Lex Fried. Yeah, here you go. Ball Starship in the near future. Perhaps you had that. I don't know if you want. Um, well, he is just in that same way. Like you said, you see when you see up, uh, when you see a rocket, you see the sort

of a list of risks in that same way, you said that starship is a really hard problem. So, many ways I can ask this, but if you magically could solve one problem perfectly, one engineering problem perfectly, which one would it be? On starship? On starship. So is it related to the efficiency, the...

You weren't joking about it. Yeah, he's just like I don't get it and he's such a big I I like him. I think that he's got interesting perspectives and stuff and hey He's got some kind of secret. We don't but holy shit. Yeah, 2.2.1 Millions two and a half hours of that too. Just like you said you said you said we were gonna solve a problem What kind of problems what kind you do the rocket? What kind you want what okay, so the rocket is big ask about the cuddle puddle? Yeah, ask him something fucking just I'm tired of the jerk enough anyway speaking of I went to a I went to a tech party where I actually didn't want to go.

I was making fun of it and my friends were like, dude, just come, it's gonna be fun. And when we walked in, they handed everyone an ecstasy. Wow. And I was like, wow. That is a, they didn't have you sign anything before that? That is taking an extraordinary risk. Why? Because if you hand, if you were at an official company party

and you're handing out hard-priced... It wasn't an official company party. It was a bunch like tech bros. Oh, I thought that it was like, oh, it's the Snapchat Christmas party or something. No, no, no. It's a bunch like rich tech bros. They all went to MIT.

Okay. But yeah, so I don't know. It somehow ended up in me. Wow, I don't know, it somehow ended up in me. Wow, I don't, I wonder how. And there was a big, there was a big cuddle puddle with the, with the tech people. That sounds cute. And I remember my friend was in and he said,

Emil, come in. And even on Molly, I was like, no, I'm all sad. I don't want to be in there. Yeah. Anyway, do you want to talk about this fucking meta quest pro, this new fucking VR thing or William Shatner? What do you want to talk about this fucking meta quest pro this new fucking VR thing or William Shatner? What do you want? I'm sorry, no, no, no, I'm angry about fucking Elon Musk. Should we move on to the market sure sure

It seems like you're your impatient. No, no, I'm totally fine. I just you know go for it. Go for it. Are you sure? Because I mean, I do wanna get that new quest. Just go. Cause I'm kinda curious. There's supposed to be this game called Bone Lab that's really cool. There are some VR games that I'm like, I really should start exploring it more. I don't know any of the VR games. There are some of them are really expensive.

You buy them, they're like 30 bucks. You know me? It's expensive. What? The fucking Quest Pro. Yeah, you know how much it. You know me, it's expensive. What? The fucking Quest Pro. Yeah, you know how much it is? $1,500. Yeah.

Get out of your Mark Zuckercorn. I just don't know what their plan is. It's like, shit, we need people to get on the Metaverse. Stock just broke the COVID low. Oh yeah, it's at like all time lows. Not all time lows. It's a recent, it broke the low that it put in from COVID. It's crazy.

COVID-19, if you guys don't remember, it was the novel coronavirus. Remember when that was COVID-19, the novel coronavirus that causes the disease, whatever the fuck. SARS-CoV-2? SARS-CoV-2. Well, if you've been living under a rock,

you might be crushed to death. I made that joke once before. Anyway, if you've been there, how are the worms? OPEC plus, which is the cartel? They call it cartel, which seems kind of weird. I think that's a pejorative term. Yeah, but they call it that, and the official, and all the, not official, but like in news articles and stuff.

Do you know what it stands for? Oil producing, no. What does it stand for? I forgot, organization of, petroleum exporting companies. Ah, yeah, yeah, organization petroleum exporting countries. I knew I was just seeing if you knew.

Oh yeah, it is a cartel. Seems kind of weird. It does seem weird. Yeah, anyway, they just announced that they are cutting oil production by two million barrels a day. Yeah, they said with everything going on, they need to, well, they're also,

they really want that $100 per barrel. Yeah, Mark. But, to me, I see it as a big fuck you to the Biden administration with midterms coming up. And then just, I think like 12 hours ago, probably like 36 hours ago for you guys, but what about a fuck you to the, what do you know? Well, because the Saudi government put out a statement saying they said that Biden asked them to delay it. Yes, but that, they're like, no, we want money.

Like, yeah, exactly. To me, I see that as a big fuck you. Well, they don't owe Biden, right. But it's Biden trying to, the Biden administration trying to get these countries to do their bidding, essentially. So yeah, I, man, the Biden's trying to get these countries to do their bidding. Oh yeah, essentially. So yeah, I, man, the Biden's got a lot of shit going on. Um, I mean, I think things are going to be fucking tough for him. I mean, um, gas prices are fucking through the roof. They seem worse than they were. When everyone was, I think

it's also California. I think California got more the brunt, more the brunt of it the most. I was looking at it. But even more than last time, I mean, it just doesn't feel like, you know, because they say what the, I forget what it is, but I don't think we're over four bucks yet. But I'm seeing, nationally. Yeah, but I'm seeing regularly like 650. Yeah. All over LA. Gas prices are going to be, you know, all over the place. I think he's getting, he had to delay the applications for student loan forgiveness coming up because he's been sued. But not while not Biden, but yeah, they're suing the apartment education and so on.

Yeah, that's Christ. There's a lot of shit that's going on that are showing cracks. There's this, let's open up this, this tweet here from friend of the show. He doesn't realize he's a friend of the show, but Wall Street Jesus, who's a great follow on Twitter, by the way, these company comments, there are all these different comments from these companies indicating trade-down behavior by low end consumers.

Trade-down behavior is kind of exactly what it sounds like. So if you normally buy, say Cheerios, you're trading down to the Kirkland signature brand, you know? Oh, come on, Twitter, Jesus Christ. So fucking God. We can't even open it, can we? Because you got to log into Twitter. Well, you can just keep it up like that.

So like, you can zoom in probably too. Yeah, just plus, plus it or whatever. So like, Advanced Auto Parts is saying that they've got second quarter weakness attributed to pressure on low income consumers. Best buy consumers are trading down particularly those in lower income. Shouldn't everyone be doing that anyway though. Trading down. But aren't those things just made in the same factories?

It's all the same fucking shit. Probably. Gap stores, the Gap, the clothing stores, signs of demand weakness from the low end consumer. Home Depot though. What is the low end consumer, Ben? The low end consumer is the lower income people who bear the brunt of the damage from inflation like this.

I don't like that term. What do you want to call him, man? I don't know, we can come up with some kind of a PC. I mean shit, dude, okay. But Home Depot didn't have anything, but I mean, how are you gonna trade down at Home Depot? What are you gonna get cheaper wood? Get balsa wood for your...

Balsa wood, I don't think they even think they sell that shit. Uh, let's see, what is that? What is dollar trees? Noted signs of trade down to dollar tree. Consumer purchasing shift to a more consumable-based basket at both banners. What the fuck does that mean? In English, please.

Uh, yeah, and then even like sprouts, sprouts which is a kind of higher end grocery store. Some trade down behavior, including lower quantities of produce So, you know, and then even like sprouts, sprouts, which is kind of higher in grocery store, some trade down behavior, including lower quantities of produce and less expensive health and beauty products. That's interesting. And what was the, there's one, if you scroll down, please,

there was, yeah, Walmart, more pronounced consumer shifts and trade down activity as the year has progressed. So, you know, oh, and Ulta, no surprise there. Consumer engagement with beauty remains strong, no real signs of trade down yet. So people, no matter how tough the economy gets, people really do be wanting to get put on their makeup. You would think it would be a luxury item. It would be, you would think. And interestingly, I pointed this out on our call yesterday, eyes lips face, which is a makeup company, ELF, ELF. Their stocks near all time highs.

Why are they cheap? They're the cheap one. So you it makes sense. And like, you know, there are a lot of the vice stuff. I think of Kylie Jenner. Is Kylie Jenner sponsored by them? No, doesn't she have a huge makeup company? She's got her own five-year adventure. Yeah. Yeah. We should put this, we should leave a note to put this link in the description if people want to check it out themselves. Because it's kind of, I like looking at this shit.

And what's the other one that we had? Jamie Diamond, the CEO of JP Morgan. What was he doing? He was calling for a recession in six to nine months? Mm-hmm. Yeah, you and join the party, dude. Everybody's saying that now. Everybody in their mother. And the thing is the market seems to probably have already priced it in, hasn't it? It would seem that way, but I don't think I mean, I don't think he's talking about the market. I think he's talking about, you know, pain coming for regular people, which

is wild because if you look at the unemployment rate, it's still... Yeah, jobs were up. Dude, it's like, they can't, you can't beat this. But everybody feels, it feels like everybody's just teetering on the edge. It's like, yeah, unemployment is at near record lows still. There's like a ton of jobs available,

and yet we're all getting asked fucked by high interest rates or the high gas prices, high rents and all that shit. Yeah, yeah, are you mad? No, I'm waiting for what was the point? I'm just saying like it's just a weird dichotomy. It's a weird contrast when you've got, the metrics would point to things being good, but underneath the surface,

it's like everything seems like it's hanging on by a thread. But does it seem that way? Cause Twitter and every headline is like pain coming or is it because, I mean, things are definitely more expensive. I think a couple months ago, I asked you if you were seeing it, and you said that you don't look at prices.

No, never. And I think I said I wasn't seeing, you know, because I don't buy that much stuff, but you know, the one thing I noticed is I go grocery shopping every week. Yeah. And for a while, it was pretty steady. I was like, I'm not seeing it at all. And I was like, maybe it's because I don't buy meat. And meat was the, I think, the big thing going up. Now I'm not singing at all and I was like, maybe it's because I don't buy meat. And meat was the, I think the big thing going up. Now I'm really seeing it.

I used to spend like 75 bucks a week. And now it's like 110. Oh damn. Let us know in the comments if your prices of your shit is going up. Curious. For me, it's kind of stayed the same. And the gas is obviously very noticeable.

Yeah, gas. That's why you gotta get a scooter, man. It's great. I could get a scooter, man. It's great. I could get a scooter. Yeah. But that would be another investment. And then interestingly, Bob Michelle, the chief investment officer, JP Morgan Asset Management, said that he's been in de-risking mode and is sitting on the highest level of cash

he's had in 10 years. Yeah, it's interesting. So like October, there's a seasonality that you might see headlines about. There's a seasonality to it. Like September is the worst month and then followed by October, which I think is one of the best months historically

for the markets. And it's like, we could be putting in a bottom and we've also been where the market's down like 25% on the year. I don't know. I'm waiting for, I saw an interesting tweet. This guy was pointing out that health, I sent it to you last night,

that healthcare costs are a small but, but pretty significant part of CPI, the inflation numbers, and that's the healthcare costs are projected to drop big time. I don't know why. So that's something to watch. Like that could bring the CPI down. What we wanna see is that CPI number come down

and see the Fed hit the pop-up. We'd love to see the CPI numbers come down, but it sounds like the Fed still wouldn't hit the pause button. Yeah, baby. We'll talk about that when we have Kyla back on. There was this other thing that I really wanted to share before we get into the China, China stuff. Wait, why did you say careful buying stuff that's already down? Because there's, so this other tweet from Wall Street Jesus,

these are, this is a list of tax loss selling candidates that could see selling pressure into the end of the year. So tax loss selling is when... Oh, you're talking about like individual stocks though. Yes, because I've been... It's a pretty long list, but again, we'll link it out. I told you I've been buying stuff as it's tanking. So that's kind of what I wanted to say here. So tax loss selling is when...

You can... If you've got a losing position and you've got a gain position, you can offset the taxes that you pay on the gains by selling the losers. You've got to realize those gains. Sometimes what you'll see is stocks that have been losing throughout the year toward the end of the year, you got to figure, okay, people might realize those losses for the tax purposes, for the tax benefits.

They could sometimes, sometimes, they get a little wash out into the end of the year. But it won't make any difference for me. It won't make any difference for you, I guess. But there's some pretty big names on there. Ebays on there, American Airlines, Best Bies on there. There's a bunch of other ones I can't really make out. But I'll tell you what, it was fun in the beginning. I was like, oh man

Is this crash is I'm gonna buy on the way down? I wonder if Pinterest is on there your favorite. It's not 3M is on there. It's not as fun anymore. Yeah, you start to be like, well this ever come back. Yeah, no kidding But there is something I don't know if it's it might just be in penny stock world But there was this thing called the January effect where you've got stocks that just tank into the end of the year, getting all that tax loss selling, only to just fully rebound in January, as people just like, well, I've reaped the benefit of the tax losses. Now it's right back up. So you know, just an interesting thing to point out, but, uh, okay.

Let's fucking shift gears here. We're talking about chips. And not the retos, okay? Not freaking lays. What kind of chips we talking? Semi-conductors. Microchips. Little microchips that are in everything. What's the member in the department?

Micro-processes. I do. Micro-processes. I do. Micro-processes. The Micro-processes. That's such a great movie. It is. All right, tell us about the Micro-processes. They've had it.

So, this kind of got buried this week, but it's a pretty big story. It's been ongoing. The Biden administration is kind of, they're really toughening up on China, which I think it speaks to two things. How big China is getting and like they're really coming up

and how scared the Biden and how scared they are. They've come up. They've got these new export restrictions aimed at curtailing China's capacity to advance critical domestic tech initiatives, AI development and supercomputing. Right, it's like anything that a US manufacturer touched. Yes, anywhere along the process,

if a US manufacturer has been involved, it's blacklisted. But a lot of people are saying passing the laws one thing, but it all depends if it's implemented or not, and like actually enforced. Yeah, and there is a way around it. You can like petition the government to get special permission. Right, there could be a ton of exemptions.

But there are probably, and who knows? But apparently, yeah, China's AI industry depends heavily on foreign-designed chips. No company in the world which uses US tech and its production processes will be allowed to sell AI or super computing chips to China. But it's hard. But my, like, I was a bit confused because number one, I didn't think we were like

this beacon of fucking microchip tech. I know we're investing a fucking shit ton, but that seems like it's not going to come for five, 10 years. Yeah. And then it also seems like everything relies on the, you know, Taiwanese. They are huge. Yes. Yeah.

So like that's like when, you know, whenese. They are huge, yes. Yeah, so like that's, like when, you know, when Nancy Pelosi was going to Taiwan and like, you know, China was doing military drills, you know, it was, I didn't really realize until that, but people were talking about how, like, if something were to happen to these factories, yeah, the world is fucked. Yeah, everything you use, Taiwan,

Taiwan is like the most important. Like you won't be able to get a computer for seven years. So the CEO of the TSMC, which is the Taiwan semiconductor manufacturing company, I think that's anymore, is in America right now in DC. Like they're basically trying to get up to speed on all these new regulations so that they can comply with them and do everything. And they just had the stock took the biggest drop in its head in 20 years.

No, because of this news about these restrictions. But the CEO is trying to calm the markets and say, look, our consumer tech part is totally fine. It's untouched. This thing only pertains to AI and military applications, and it's such a small part of our business. You guys got to calm down. But then you got like Nvidia.

Nvidia already said that the restrictions on AI chips could jeopardize half a billion dollars in revenue for them. Nvidia is a different story, but yeah, TSMC also reported their earnings, and it was a fucking blowout. They did fucking, I mean, gangbusters, like always. But it's also Biden's attempt to, what does it call it, onshore, to like repatriate semiconductor?

Oh, to have like a production deal. To bring it back, yeah. Yeah. I mean, they're doing, like have like a production to bring it back. Yeah. Yeah. I mean, they're doing like with the chips act, they're investing. Yeah. A ton of money. As they should. There's going to be, there's a Tim Ryan JD Vance. That's what's funny.

There was a bipartisan support, right? And so, you know, there was a, there was a debate between them too. And they were both talking about how it's going to be a huge success. And one of the big things is what's happening in Ohio, about how it's gonna be a huge success. And one of the big things is, what's happening in Ohio, they're putting a big chip plant. Yeah, it's gonna be like tens of thousands of jobs. Which is great, we love jobs.

But it's also funny, because I think it's probably gonna backfire, because it's gonna force China to really get cooking on their own chip manufacturing and technology. And Chinese, the Chinese man, they're really resilient, they're really smart, they're really, they can get shit done. Yeah, so gotta be careful out there, gotta tow that line, Joe Byron.

Isn't there a little bit of you that's like, well maybe not, but when they talk about what would happen if those factories went down in Taiwan, you're like, do it. Oh, the part of me, the accelerationist in me that's like, yeah, just, let's just fucking see see all right. Let's see what happens guys Just launch the nukes shut down the factories. Let's go back to no because I got glasses man But these glasses break on classes. I can't hunt I could hunt I gotta use my brain not my eyes

I think you'd be able to get glasses or you'll just use those for a while Yeah, I guess but if they break again in societies collapsed. There's no optometruses. When they're like you like your phone, well, if those Taiwanese factories go down, you're like good. Yeah, fucking good. Let it happen. Do it. You mean it? Let the defecation hit the oscillation. All right. Uh, but yeah, I know that would be very bad for a lot of people. I'm, but it's just this, this, this, this, the timing with this, this export initiative couldn't be worse because we've already got global demand decelerating. AMD just pre-announced their shit and it wasn't good. And then it's like, Hey, we also got this inflation problem.

Bubu, what are you thinking there, Joe Byron? Like, make it work. We don't need, we don't need this Another like proxy war on two fronts. We got it with Russia. We don't need any more with these this trade shit with China I get that we got to be competitive, but like he just declared that's gonna come whether you like it or not I know he just declared there was this article. I sent it to you It was where he said that um the next decade is gonna be a decisive one between us in China because they're basically gonna, you know surpass us and Global GDP is being like the fucking leader. Let it happen man. We don't got to be the big boy. We can be number two number two still good Silver get silver medal. We'll see. I'll take the paddle in the back

Silver, get the silver medal. We'll see. I'll take the paddle in the back. Well, yeah. Yeah, heavy, heavy, heavy is the crown that wears on the head of the guy. Joe Biden said that. You know the thing. He said that? No.

Oh, what? Let China wear the crown for a minute, man. We love Chinese food. It's delicious. It's so dynamic. You got noodles. You got stir fry. You got orange chicken. You got the other stuff. Is that American Chinese food? I don't fucking know dude. What do I look like Panda Express? You got those you got all those miles you might have been to China. No, I've never been to China. I'm kind of intimidated by it. It's huge. I don't speak Chinese. Yeah, we're going to Japan. We don't speak Japanese. That's true, dude. That is true

Orange chicken is called Chinese food in North America, but orange chicken is rarely found in Chinese restaurants in China Andrew Chen Cheng Chen owner and founder of panic express said that orange chicken is just a variation of general sauce chicken another dish that is almost Unknown in China. Wow, this guy Really, that's like, you know chicken tikka masala Yeah, I know chicken tikka masala invented in London. Well, yeah, cuz Cuz of colonization they got a bunch of Indian people in London. Was it an Indian guy in London or gal?

I don't know. I think so. Ah chicken tikka masala is a dish London or gal. I don't know, I think so. Chicken Tikka Masala is a dish. It was popularized by cooks from India living in the British. I'm pretty sure it's the national dish of England or something like that. Yeah, it is weird. You would think that it'd be like beans and fucking... Well their food is so bad that they...

The British? Yeah. Yeah. Chicken Tikka Masala is now the British... It's true. It the true national British dish. Damn. Damn, I want fucking Chinese food tonight, dude. You know what, when I was a kid growing up,

watching TV and movies, they always had, it was always people in New York. If it was a New York movie or TV show, they would always be eating Chinese food out of the white little fold up take out boxes with the chopsticks and I always thought I bet that's the best food in the world. I bet it tastes so good. They make it look so good. I could smell it from here. And my family didn't touch Chinese food until I was eating it.

Why doesn't that a big Jewish thing? You would think so, yeah, on Christmas. But then and then the only Chinese food we ever got, lo and behold, Panda Express. And we love that shit. So good. Panda Express kind of sucks though. Wait, it's good. It's still good. I don't know if I've ever had it. It's good. It's probably why my dad's dead

cause it fucking clogged up his arteries. Isn't that the joke that Jewish people... Yeah, because now the secrets out. On Christmas, yeah. Jewish people eat Chinese food. Because they're the only restaurants that are open. Also, with the whole Kanye thing, I gotta be careful about saying what Jewish people do just say it how he says you also you know

I hang out with so much with you. I went on a I went on a date with a Jewish woman and she was talking about how her tell me her Yeah, and I was like yeah, probably cuz like the Jewish thing she was like what and I was like no No, wait, what did I say? Or did you say something about? And I was like, do you, you should watch my show, my co-hosts is doing this shit. It's always talking about, we talk about it. Yeah.

My stomach's been great. There's a sir Silverman joke about it. Oh, the diarrhea family or a vomit family? Yeah. My family was definitely diarrhea family. No, no, the one about the pool. She said there was a sign at the public pool. Oh, no diarrhea. Yeah. It's just like anti-Semitic. We are probably close to an end here, but I speaking of ending, I wanted to, this part of the thing is, is a bottom near? That's what I wrote in the notes. And that's what you say when you're in a gay thing is is a bottom near that's what I wrote in the notes and that's what you say When you're in a gay club is a bottom near

That is what you say to gay club is a bottom near well, that's if you're a top if I were gay, do you think I'd be a bottomer a top? I'd be both I'd be dynamic. I'd use that word twice known to show, dynamic. What do they call that? Switch? Switch hitter? Probably, yeah. We're going to take this out, I think. No, no, leave it in.

Who cares? Both Bank of America said that there, here's an interesting data point that their clients were big net buyers of US stocks at $6.1 billion this last week. The third largest inflow since 2008 and the fifth consecutive week of inflows. Interesting, right? And they bought both stocks and ETFs.

And it was all client groups, hedge funds, institutions, private clients, they were all net buyers. So what does that mean? It's just an interesting data appointment. Despite all everything, people, they were stepping in and buying. That's the kind of thing that you want to see nearer bottom. Also, today, if the thing I want to see nearer bottom, lubrication lights, drinks, lubrication lights um drinks lubrication poppers poppers oh boy we're gonna cut that as well

fly who cares um we're all family here we're all family and friends you ever do poppers is that the little CO2 cartridge things no those are wipits oh yeah i've done wipits that wasn't the question so no i've never done poppers. What are poppers? Poppers are they make your butt loose. I think they're animal nitrates. They do make your butt loose. Yeah, I don't like the feeling. It's a It's not that fun about hi. I remember one time I took a muscle relaxant on a flight Like one of those somas. It was a soma. Yeah, and I started to have an anxiety attack and I told the girl the stranger sitting next to me Take drugs and planes and then talk to strangers We're like hey, I fucked up

Help me. Yeah, I did I said it to the girl. I was like hey, I Took a muscle relaxant like an hour ago and it's kicking in and she's like yeah, go, well, I just got to thinking that the heart is a muscle. What have my, what have my heart relaxes too much? And it stops beating and she laughs. She's like, I don't think that's how it works. And then I said, okay, but my asshole is also a muscle. What if that relaxes? And I, and just poop slides out.

I would just start jamming the fucking. The button. Yeah, but then I relaxed and I was totally cool. And me and her ended up watching, I think the Incredibles at the same time. Head on her shoulder. No, I was like, Hey, we were both scrolling through

and she was at the Incredibles. I was like, that's a good movie. You want to watch it? And she's like, sure. And then I said, here, we'll do this. And we put it on our headphones and I pressed play at the same time on both screens and we watched it.

It was cool. Yeah, but she really thought that was cool. Yeah. Anyway I would be like I want to move If you were sitting next to me. Yeah, we're just different though like you I mean, I don't talk the whole time. I would just say that and then be done with it. You're a talker. Like, not on a plane. Not on a plane. But like, we go to the same gym, for example, right? Yeah.

I go, I've been going longer than you. I go every day at the same time, I'll talk to anybody. And then I, and then I go with you. And it's like, oh Rebecca, oh shit, Jim's here. Stacy, I'm like, what the fuck is going on? You gotta be, you know, sometimes they come up and you'd start talking. No, wait, what's your name? I'm not very...

I met two new guys at the gym the other day. Brian and Matt. Separate. That's crazy. Yeah, I know. I'm like, it's too many names to remember. I think I just have a face. People don't... Yeah, people think that you're too fucking, they're like, who's that crow magnet over there? Can I probably... You keep saying saying that you say these things that like it's the hair. I'm not talking about anything. No, I know, but you know what it is one time what? I don't know you so you love to um You know jump in right? What at the gym? No, no, like if in a conversation you don't necessarily let the words finish before you jump in right and so one time

I was trying to explain it in security And I didn't even get to it before you were like oh right you have kind of like a caveman fucking shelf and I was like But you don't what you don't I know but it's funny to like list one for someone and then go No, that wasn't it, but I'll think about that later. I thought I was Yeah, well I'm gonna say it again. Well, no you might say a new one for me now Here's why I did that and I know where we're gonna wrap up. I was You were about to say something and you were pointing like this And I thought that you were gonna say I feel like I have this thing and I was gonna say you don't

Oh a crow magnet say, you don't. Oh, a crow magnum thing, cause you don't. Cause you don't. Yeah, when someone tells me they're in security, I go, let me wait and hear it before I throw one out. I got it, got it. I mean, buddy, I got so many. Giant head, I look like Big Bird, Big nose, stupid mouth. No, no, no, you don't have to fuck.

I got a haircut that makes my head look like a peanut right now. Now, you look great, pal. Everyone's gonna comment on it and say, I love Ben, he's so hot. He's my guy. Kid me everybody's like a meal I want to fuck and me you do something to people that just makes their chemicals go and they're like I feel Fucking insane That's a good place then Let us know how horny you are this week for a Groza. No, they're bending his new haircuts. No, no, no, no, no, no, no.

Do bend in his new haircuts. Because we all know, we all, that's a given. But Emil, I mean, look at this shirt, look at this thing. Don't nice shirt. Do you feel, I wish you guys could feel this, an audio listener, I wish you could see it. I'm touching his bicep and this thing is just, it feels like he put a rock under that skin there.

What did you go to the doctor and get a special procedure then? It's all implants, I don't go to the gym. And I can see the outline of his penis and his clothes. You can't see the outline. It's pointing his like up to two o'clock, I don't know what's going on there. But anyway, that's the end of this episode. It'll all be wasted on me anyway, because I went to a war and my dick doesn't work anymore. That's a joke you only get if you subscribe to After Hour.

So if you want to know what that joke means, subscribe, and then come hang out. We're gonna be talking about all sorts of stuff after those today. San Francisco dog restaurant, what's going on there? Okay. This week on After Hours. New episode starts now.

You think we'll be able to do one after hours without talking about? My ass. We'll figure something out. Oh, it's out. I don't know. Like, be one of those YouTube guys who watches people just like watch YouTube. It's crazy. Sign up on TMGStudios.tv to watch the full bonus episode.

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