Scott and Ed open the show by discussing Southwest Airlines' decision to start charging for checked bags, Eric Schmidt’s appointment as CEO of Relativity Space, and the latest developments in Saudi Arabia’s Neom project. They then analyze the ongoing tariff battle, exploring its biggest potential consequences and why Scott believes China could ultimately come out ahead. Finally, they break down the $5 trillion market sell-off, and Ed highlights the key winners and losers from the plunge. Subscribe to the Prof G Markets newsletter Join us for a live recording at SXSW Order "The Algebra of Wealth," out now Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Buying a house has long been considered the best way to build wealth and move into true adulting.
Isn't it? I mean, at least that's what society wants us to think. Gotta get a Birkin, gotta get a home, you know.
Okay, the handbag you can probably manage without. But what about a house? Surely that's actually good, right? We're going to find out this week on Explain It To Me. New episodes every Sunday morning, wherever you get your podcasts.
Hey, this is Peter Kafka. I'm the host of Channels, a podcast about technology and media and how they're both changing all the time. And this week, I'm trying to figure out how Donald Trump is changing the media in Washington, in the courtroom, and in the boardroom. On to help me figure it all out is Sarah Fisher, the excellent Washington-based media reporter for Axios.
That's this week on Channels, wherever you get your favorite podcasts.
Today's number, five inches. That's the length of a live turtle that a Pennsylvanian man attempted to smuggle through airport security in his pants last week. True story, Ed. I was blessed with a seven-inch dick, but now the priest is in jail. Ed, how are you? Ed, how are you? I'm just putting it together in my head. We have all these young interns.
They're literally just note to self, exhibit 22B. If I don't keep giving them increase, they're literally every day balancing the money they'll get from the lawsuit that I'll settle out of court. Only upside for us. Oh, we have a new intern. Wait, who's the new one? That's probably Bella you're talking about, who just came on full time. No longer an intern. Oh, Bella. Hey, Bella.
Welcome to Prop G Markets. That's right. She came to... Let's talk about me. I was at Stern yesterday and I spoke to 500 students and Bella came. And yeah, I was super nice to everyone. And then she told me she works for us. I'm like, I pay you. I don't need to be nice to you. That's right. Anyways, welcome, Bella. Very good. Welcome, Bella. Let's talk about Priests.
What's going on with you, Ed? I'm doing pretty well, Scott, back in New York. And I'm just kind of... I just feel very good about how that South by trip went. I thought that was a great show. Talk about that. That was awesome, wasn't it? So much fun. I think the key detail is that we had 1,500 people outside of the doors.
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