00:00 Speaker a
I think this is indeed Taiwan tariffs, which is the biggest deal for Nvidia and others. So, if the tariffs stay in Taiwan, then what are we talking about?
00:10 Speaker b
And, what you see is half songs, just like what they actually collect. and then
00:16 Speaker a
Then, if there is a department
00:18 Speaker b
Departmental tariffs. Then the reality is, it's about growth. Look, that's the biggest thing here. It's not even the cost and impact there, but the growth. Company X is like, hey, I'm going to spend on these projects and slow me down until we see what's going on in the business. This is the problem. This is how self-fulfilling prophecy is. And I just think that's still what I've seen, self-caused economic wars. I don't think there is a debate.
00:46 Speaker a
These technology CEOs may be there on the day of the inauguration. Now, Maga 7 loses a trillion dollars in one day. In the conversation with them, do you think they regret supporting it?
00:56 Speaker b
Look, I think they think in Silicon Valley, they are dystopian. I mean, like they wake up in the way Trump is about it and how he taxes each other, it's like a changing universe. You know it's on the table, 10%, 15%, play games, poker, it's good. But, actually try to build this chart from the Benevolent Hunting Blackboard MIT Lab and say it's some fancy charts. Basically, it's essentially a trade deficit that converts to some weird tariff chart. This is not a real tariff. So that's part of the problem, that's like I said in the NBA. And my name, my name and my name is Jim. So, do you even know where this started?
