• 85: How Debt Could Collapse the Economy

  • May 12 2023
  • Length: 1 hr and 5 mins
  • Podcast

85: How Debt Could Collapse the Economy

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    It has been corrected time and time again…but what if the debt ceiling WASN’T raised? What would happen? This week the Trill boys discover the nuances of our complex debt structure, how we might circumvent a disaster, and who is responsible for holding it all up. What is UP with all these old folks in Congress? Plus, a return to Theranos and Elizabeth Holmes’ “rebranding” by our pals at the New York Times.

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    *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.*

    Chapters:

    0:00 This Week!
    0:56 Book Worms
    2:14 Personal Development
    3:32 Disclaimer and Housekeeping!
    5:38 Trill Awards!
    7:10 Dianne Feinstein Returns
    9:20 Tucker Carlson’s New Show
    10:57 Thanks to Money-gram!
    11:45 Google I/O’s AI
    13:26 US Debt Ceiling Stand-off
    16:12 Will We Default?
    18:00 Janet Yellen & Extraordinary Measures
    21:54 14th Amendment Loophole?
    22:50 Ben’s Debt Take
    24:13 Yellen Gets The Act Together
    27:28 Pressure on the GOP
    28:16 RFK Jr
    30:41 Election Twister
    32:27 The RedHead Kennedy
    35:10 Berkshire Hathaway Meeting
    38:37 Acquiring and Investing Strategy
    42:06 Warren Buffet on AI
    43:22 Charlie Munger’s OLD
    43:38 Ben’s Big Breakfast
    44:16 What to do with Berkshire Cash?
    45:16 Elizabeth Holmes New Life
    47:18 Holmes Demeanor
    51:18 Liz’s Fake It Til You Make It
    54:32 Elizabeth “Dazzled”
    56:58 Mr. Evans “Jobs”
    59:02 Good Bedside Manner
    59:32 Emil’s FAVORITE Part
    1:02:55 Balto the Dog…
    1:04:25 Wrapping up
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