Episode
E72: Impact of sanctions, deglobalization, food shortage risks, macroeconomic outlook and more
1:14:38
Published: Sat Mar 19 2022
Description
0:00 Jason's new "family office" and Sacks' new strategy 2:39 Understanding where all sides stand in the Russia/Ukraine War three weeks in 15:21 Sanctions risking a major food shortage: possible solutions, how we got here, creating distributed manufacturing and supply chains, capitalist incentives flipping 34:59 Breaking down the second- and third-order effects of the massive sanctions on Russia; best case/worst case outcomes for this new form of economic warfare, deglobalization 49:26 US economy big picture outlook: inflation, rising rates, decreasing uncertainty potentially a bullish sign in public markets; how that flows to private markets 1:02:06 Rewriting foreign policy playbooks Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/TheZachEffect Referenced in the show: https://www.nytimes.com/2022/03/16/us/politics/russia-troop-deaths.html https://www.axios.com/zelensky-russian-invasion-ukraine-ea623eb5-4a14-4458-9640-af981081e4a4.html https://www.independent.co.uk/news/world/americas/russia-ukraine-invasion-francis-fukuyama-b2035413.html https://twitter.com/davidfrum/status/1504601558184517637 https://uscnpm.org/2022/03/12/hu-wei-russia-ukraine-war-china-choice/ https://www.washingtonpost.com/national-security/2022/03/16/ukraine-zelensky-information-war/ https://twitter.com/RichardHanania/status/1504824837964926981 https://twitter.com/ClintEhrlich/status/1504618754784735232 https://www.ft.com/content/7b341e46-d375-4817-be67-802b7fa77ef1 https://www.nbcnews.com/science/environment/first-drought-now-war-global-wheat-supplies-peril-rcna19298 https://www.agweb.com/news/policy/politics/if-you-think-fertilizer-prices-are-bad-now-heres-why-china-could-make https://www.eia.gov/outlooks/steo/images/Fig4.png https://www.agriculture.com/news/business/skyrocketing-fertilizer-prices-gouge-farmer-profits-groups-blame-consolidation https://www.marketwatch.com/investing/future/cu22 https://twitter.com/ianbremmer/status/1504214235114577926 https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm https://www.cnbc.com/2022/03/10/there-are-more-than-11-million-open-jobs-in-america-right-now.html https://www.nytimes.com/live/2022/03/16/business/fed-meeting-interest-rates https://twitter.com/DavidSacks/status/1503989745939980292 https://www.bbc.com/news/world-europe-26079957 https://www.usnews.com/news/world/articles/2021-06-16/the-latest-kremlin-official-says-summit-will-not-be-easy https://www.bloomberg.com/news/articles/2021-06-14/biden-says-ukraine-has-work-to-do-on-corruption-to-get-into-nato https://theintercept.com/2022/03/15/ukraine-russia-war-sovereignty-negotiations/ https://www.cnn.com/2021/09/01/politics/ukraine-volodymyr-zelensky-biden-white-house/index.html https://www.whitehouse.gov/briefing-room/statements-releases/2021/09/01/joint-statement-on-the-u-s-ukraine-strategic-partnership/ https://www.state.gov/u-s-ukraine-charter-on-strategic-partnership/ https://www.amazon.com/Changing-World-Order-Nations-Succeed/dp/1982160276/ https://www.salon.com/2021/01/19/who-is-victoria-nuland-a-really-bad-idea-as-a-key-player-in-bidens-foreign-policy-team/
Chapters
The hosts discuss the advantages of having a chief of staff and a family office.
00:00 - 01:23 (01:23)
Summary
The hosts discuss the advantages of having a chief of staff and a family office. They share their personal experiences and how it has helped them stay organized and focused.
EpisodeE72: Impact of sanctions, deglobalization, food shortage risks, macroeconomic outlook and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
While Putin's actions in Ukraine were a mistake, the West may be making a similar one by assuming victory will be easy.
01:23 - 06:12 (04:49)
Summary
While Putin's actions in Ukraine were a mistake, the West may be making a similar one by assuming victory will be easy. The conflict in Ukraine is complicated, and the West must be cautious not to underestimate its opponents.
EpisodeE72: Impact of sanctions, deglobalization, food shortage risks, macroeconomic outlook and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The Chinese are not going to succumb to Western media pressure to make a deal with Ukraine's Zolensky.
06:12 - 13:20 (07:07)
Summary
The Chinese are not going to succumb to Western media pressure to make a deal with Ukraine's Zolensky. Everyone knows the broad contours of what a peace deal would look like, and the markets are starting to price in a deal.
EpisodeE72: Impact of sanctions, deglobalization, food shortage risks, macroeconomic outlook and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
There is a scarcity of commodities in the market due to a decrease in production, potential bad weather conditions and the impact of COVID-19.
13:20 - 25:40 (12:19)
Summary
There is a scarcity of commodities in the market due to a decrease in production, potential bad weather conditions and the impact of COVID-19. As a result, food prices around the world are increasing and the price for corn has nearly doubled.
EpisodeE72: Impact of sanctions, deglobalization, food shortage risks, macroeconomic outlook and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The future of supply chains is vertical integration, with companies making their manufacturing and supply chains more self-sufficient.
25:40 - 33:53 (08:12)
Summary
The future of supply chains is vertical integration, with companies making their manufacturing and supply chains more self-sufficient. By developing techniques such as synthesizing calories through CO2 and water, supply chain redundancy and self-sufficiency can be achieved on a city-wide level.
EpisodeE72: Impact of sanctions, deglobalization, food shortage risks, macroeconomic outlook and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker discusses the potential consequences of severing 144 million Russians from the global economy due to Western sanctions, including increasing costs, inflation, unemployment, potential recession, war, death, and famine.
33:53 - 43:38 (09:44)
Summary
The speaker discusses the potential consequences of severing 144 million Russians from the global economy due to Western sanctions, including increasing costs, inflation, unemployment, potential recession, war, death, and famine.
EpisodeE72: Impact of sanctions, deglobalization, food shortage risks, macroeconomic outlook and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The sanctions placed on Russia may hurt the country, but they do not necessarily end the war and could drive Russia to work more closely with China, leading to a worsening of the balance of power in a potential Cold War II.
43:38 - 48:55 (05:17)
Summary
The sanctions placed on Russia may hurt the country, but they do not necessarily end the war and could drive Russia to work more closely with China, leading to a worsening of the balance of power in a potential Cold War II.
EpisodeE72: Impact of sanctions, deglobalization, food shortage risks, macroeconomic outlook and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
In this episode, Chamath and Tamar share their insights on the reaction of the market towards the loss of uncertainty and the psychological cycle of handling good and bad news.
48:55 - 59:47 (10:51)
Summary
In this episode, Chamath and Tamar share their insights on the reaction of the market towards the loss of uncertainty and the psychological cycle of handling good and bad news. The discussion also covers the inflation rates and the importance of applying pressure to make a deal for a peaceful outcome.
EpisodeE72: Impact of sanctions, deglobalization, food shortage risks, macroeconomic outlook and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The importance of not meddling in internal affairs of other countries as we think about China policy and the need for organized nations to consume from China for better engagement with the country.
59:47 - 1:04:41 (04:54)
Summary
The importance of not meddling in internal affairs of other countries as we think about China policy and the need for organized nations to consume from China for better engagement with the country.
EpisodeE72: Impact of sanctions, deglobalization, food shortage risks, macroeconomic outlook and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Biden has done an admirable job in avoiding war and maintaining focus on resiliency as the solution.
1:04:42 - 1:07:49 (03:07)
Summary
Biden has done an admirable job in avoiding war and maintaining focus on resiliency as the solution. A race to resiliency may be the ultimate checkmate for the current situation.
EpisodeE72: Impact of sanctions, deglobalization, food shortage risks, macroeconomic outlook and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker highlights the significance of diplomacy among the US, Russia, and China, and emphasizes how tension between the two countries benefits China.
1:07:49 - 1:12:39 (04:49)
Summary
The speaker highlights the significance of diplomacy among the US, Russia, and China, and emphasizes how tension between the two countries benefits China. He also praised Trump's decision of calling for a summit with Putin to reduce tension in June last year.
EpisodeE72: Impact of sanctions, deglobalization, food shortage risks, macroeconomic outlook and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The All In Summit is happening in Miami from May 15 to 17, with 500 tickets already sold out of 700.
1:12:39 - 1:13:42 (01:02)
Summary
The All In Summit is happening in Miami from May 15 to 17, with 500 tickets already sold out of 700. Speakers include Keith Raboi, Brian Peterson, Brad Gerstner, and Joe Lonsdale. Scholarships are still available for application by expressing your love for the show on their website.