00:00So when you say something has to give, what does that look like and how will people feel it?
00:04Well, if it is fiscal austerity, more spending cuts, which are harder to do,
00:09or tax hikes, and we'll see who pays those tax hikes. That's a question mark.
00:14If it's not that, and politically that's not likely anytime soon,
00:18then we have to get something else happening. And my fear, and I'm not calling for a crisis,
00:23but my fear is this happens in an ugly way that forces the austerity. And that could come from
00:29a few things. It could come here at home. Let's say there's a catalyst that pulls down sentiment
00:34towards artificial intelligence, AI stocks. It's not just an AI stock trade anymore. It's AI stocks,
00:40AI debt, everything comes down. The entire stock market, the entire corporate bond market.
00:44And globally now, right? AI is in a lot of different markets. So that's one risk.
00:48I think a second risk is if inflation is sticky, the Fed has to raise rates higher than expected.
00:53That could be another catalyst. And don't forget overseas. You might be spending and living in
00:58dollars. But if France has a debt crisis, we will have contagion here in the U.S.
01:03I'm sorry, I didn't research this. The interns have all gone back to school.
01:07Are you on a task force? Are you on a Worshian task force?
01:11No, one of Worsh's five task forces.
01:13Lucky you, you're not on. What would you do on a retirement task force right now?
01:17What would be goal one?
01:18A retirement task force.
01:19Social security task force.
01:20Social security task force. We have to raise the age where you start getting benefits from
01:27social security. People live longer.
01:29100% agree. We also, the rich people have to put in more.
01:31We, and we could do some means testing. I, I don't mind contributing to social security.
01:36I shouldn't get any. I'll live fine without it. I would rather have my money going to help people
01:42who need it more. And therefore we don't have a financial crisis.
01:45I'm not sure that's a popular opinion.
01:47None of these are popular opinions, which is why it hasn't been addressed.
01:50Since she's not doing popular opinions, does she come back or not?
01:53Yes, we need to have her back.
01:54I would like to come back. Please have me back.
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