DeepSeek Panic, US vs China, OpenAI $40B?, and Doge Delivers with Travis Kalanick and David Sacks

6059.116 - 6079.59 Chamath Palihapitiya

The problem is if we go to five and a half percent, that's not 80 basis points. What you really need to think about is the total tonnage of actual dollars that need to get repaid back. And if you look backwards, that's effectively like 10% rates from 2000. Could you imagine what the economy would have done if you had brought rates to 10%, 11% 20 years ago? It would have crippled the economy.