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  1. The Economist21 min

    Art of the real: Trump bows to markets

    Trump, Rosie Bloor, Rachna Shambhog, Tom Standage, Andrew Miller

    Following President Trump's announcement of a 90-day tariff pause amid market-driven recession fears, Treasury Secretary Scott Bessent utilized the delay to reward non-retaliation while maintaining a 125% rate on China, prompting global leaders to prepare direct concessions on defense and trade. Simultaneously, the commercial space sector advances toward orbital data centers as StarCloud plans a 2024 AI chip demonstrator and Axiom Space operates station racks, with viability hinging on the projected launch cost reductions of SpaceX's Starship. Marking the centennial of its 1924 publication, F. Scott Fitzgerald's *The Great Gatsby* continues to define the American experience by contrasting the Jazz Age's glamour with a rigid class structure that grants the wealthy immunity from the consequences of their carelessness.

  2. The Economist21 min

    Doomed traders: Trump’s tariff fallout

    Trump, Rosie Bloor, Rachna Shambhog, Tom Sass, Emily Steinmark

    Following the US announcement of global tariffs on April 2, major economies including China and Canada implemented retaliatory measures that triggered a $12 trillion drop in global market value and elevated recession probabilities to 60%. Despite diplomatic outreach from approximately 50 nations, the US administration maintains its stance, with officials describing the policy as a permanent restructuring of trade that has forced corporations to delay capital investments. Analysts warn that these developments will likely result in two decades of protectionism and reduced global economic integration.

  3. The Economist25 min

    Wall of duties: Trump’s towering tariffs

    Trump, Shonda Rhimes, Rosie Bloor, Rachna Shambhog, Tom Gardner, Rachel Lloyd

    On April 2, 2025, Donald Trump enacted sweeping global tariffs designed to rebuild American manufacturing while economists warn of an elevated recession risk and infrastructure challenges regarding enforcement. Concurrently, the Sudanese National Army recaptured Khartoum with international military backing, though a fragmented coalition and the Rapid Support Forces' continued resistance suggest a prolonged conflict rather than a decisive peace. In the entertainment sector, Shondaland solidified its dominance by generating $2.4 billion in revenue through distinct pacing strategies and expansive universe-building, despite a market increasingly risk-averse to new creative talent.

  4. The Economist23 min

    Spy-fall: Trump imperils intelligence pact

    Trump, Rosie Bloor, Shashank Joshi, Shalas Chitnis, Alexandra Suech-Bass

    Amidst a restructuring of US intelligence leadership under Donald Trump and potential disruptions to the Five Eyes alliance, China has surged to become the world's second-largest drug developer, offering Western pharmaceutical companies critical intellectual property to navigate an upcoming patent cliff. Concurrently, The Economist has launched a curated weekly film and television guide designed to highlight globally diverse, notable titles while explicitly advising against unworthy viewing, complementing its subscriber-only coverage of unique international social experiments. These developments collectively reshape intelligence security, biotech market dynamics, and cultural consumption within a rapidly evolving geopolitical landscape.

  5. All-In Podcast1h 39m

    Fixing the American Dream with Andrew Schulz

    Andrew Schulz, Friedberg, Gavin Newsom, Trump, Jason Calacanis

    In a May 3 Miami event featuring comedian Andrew Schulz, hosts Jason Calacanis and David Sack discussed advanced IVF technologies, the strategic implications of Governor Gavin Newsom's new podcast, and critiques of President Trump's tariff policies. The dialogue extended to economic solutions such as investing the Social Security Trust Fund in equities to prevent 2032 insolvency, while analyzing housing market distortions and the psychological drivers behind modern conspiracy theories. Panelists also shared personal investment origins, evaluated the Department of Government Efficiency's potential under Elon Musk, and highlighted JD Vance's political trajectory as a key figure in future American leadership.

  6. The Economist28 min

    Pompcast: Trump rallies Congress

    Trump, Jason Palmer, Rosie Bloor, John Priddow, Ana Lankes, Alex Hearn

    President Donald Trump suspended military aid to Ukraine following a dispute with Volodymyr Zelensky, triggering retaliatory 25% tariffs from Mexico and Canada and prompting Zelensky to signal readiness for a new minerals deal. In his first congressional address, Trump claimed record-breaking approval swings and erroneously contrasted European and American aid contributions while asserting he ranks alongside George Washington. Simultaneously, Ecuadorian Attorney General Diana Salazar continues high-stakes investigations into corruption linking drug cartels to former President Rafael Correa, with the outcome threatening to determine whether the nation remains a democracy or becomes a narco state before upcoming elections.

  7. Goldman Sachs18 min

    Trump’s tariffs: Big talk or big action?

    Trump, Jeff Gerrish, Allison Nathan

    The current administration is deploying aggressive tariff policies to reshape U.S. manufacturing, secure national security in strategic sectors, and address geopolitical concerns like fentanyl trafficking. While market volatility is intentionally leveraged to force negotiation concessions, a coordinated strategy involving hawkish figures aims to replace bilateral deals with a reciprocal global tariff system by the April 1st deadline. Despite legal challenges, these measures are designed to correct trade imbalances and extend beyond the scope of previous administrations to fundamentally alter international trade dynamics.

  8. All-In Podcast1h 15m

    Epstein Files Flop, State of the Market, Autonomous Robots, Trump's Gold Card, Friedberg on Jeopardy

    Trump, Friedberg, Chamath, Bezos, Jason Calacanis, David Sacks

    In a recent episode, hosts Jason Calacanis, Chamath Palihapitiya, and David Freiberg discussed a wide range of topics including David Freiberg's $1 million *Celebrity Jeopardy!* victory and Brett Atcock's accelerated timeline for home robot beta tests by late 2025. The conversation shifted to macroeconomic concerns, with Freiberg warning of stagflation due to tariffs and immigration policies while analyzing the $91.5 billion valuation of payment giant Stripe against its competitor Adyen. Additionally, the panel debated Donald Trump's proposed $5 million "Golden Visa" program and the strategic implications of dissolving the USPS governing board to improve economic data collection.

  9. All-In Podcast1h 46m

    The Stablecoin Future, Milei's Memecoin, DOGE for the DoD, Grok 3, Why Stripe Stays Private

    Milei, Patrick Collison, Jamie Dimon, Trump, Elon, Jason Calacanis, David Friedberg

    Stripe leaders Patrick and John Collison, joined by Chamath Palihapitiya and Dave Sacks, discussed the company's $1 trillion annual processing volume, its strategic pivot into stablecoin infrastructure via the Bridge acquisition, and its continued decision to remain private to prioritize long-term compounding. The panel also critiqued recent political missteps, such as Javier Milei's meme coin failure, while highlighting the ARC Institute's release of the Evo 2 biological AI model and Elon Musk's rapid Grok 3 training via the "Colossus" data center initiative. Finally, the conversation addressed shifting geopolitical defense strategies, the ongoing risks of asteroid 2024 YR4, and the broader impact of remote work policies on early-career professional development.

  10. The Economist25 min

    Love match: Modi-Trump’s tariffs tussle

    Modi, Trump, Jason Palmer, Rosie Bloor, Kira Khuyu, Leo Morani, John Fassman

    At the White House, President Trump and Prime Minister Modi advanced a "mega-prosperity" partnership marked by the "MIGA" slogan, even as trade tensions over reciprocal tariffs and immigration enforcement disputes threaten the $200 billion bilateral relationship. Concurrently, global aviation faces a decade-long crisis of eroding safety and shrinking airspace due to geopolitical conflicts, granting non-Western carriers a competitive edge while forcing Western airlines to cancel routes. In the entertainment sector, *Saturday Night Live* celebrates its 50th anniversary by maintaining structural consistency under Lorne Michaels' leadership, successfully adapting its political satire for the digital age to sustain high ratings during election cycles.

  11. The Economist23 min

    With this ring: Trump and Putin omit Ukraine

    Trump, Putin, Rosie Bloor, Shashank Joshi, Rachel Lloyd

    In a significant geopolitical shift, Donald Trump and Vladimir Putin initiated direct diplomatic talks to end the Ukraine war, with a newly formed US negotiating team excluding Ukraine and European allies while signaling a move away from NATO membership guarantees. Simultaneously, the Rwandan-backed M23 rebel group captured the eastern Congolese city of Goma, prompting a regional military escalation and raising concerns about further advances toward Kinshasa despite a lack of immediate negotiation prospects. In the cultural sector, the *Bridget Jones* franchise is returning with a fourth film that explores themes of bereavement and relatable imperfection, continuing the series' legacy of commercial success and social relevance over two decades.

  12. All-In Podcast7 min

    Ray Dalio: How DOGE and Trump Can Solve America's Debt Crisis

    Ray Dalio, DOGE, Trump, Chamath, Jason, Friedberg

    Citing a Congressional Budget Office projection that U.S. government debt-to-revenue will reach 700% within a decade, the speaker advocates for an immediate "three percent solution" to slash the deficit from 7.5% to 3% of GDP. This strategy demands a rapid reduction of more than $900 billion annually through deep cuts to discretionary spending, regulatory reform, and AI-driven efficiency rather than gradual adjustment, thereby leveraging current economic strength to prevent an "arithmetic death spiral." By pledging a political consequence for missing the target, the proposal aims to trigger immediate market relief through lower interest rates while avoiding the inflationary effects of relying heavily on tariff revenue or speculative growth.

  13. The Economist22 min

    Thy neighbours, beggared: Trump’s opening tariffs

    Trump, Rosie Bloor, Jason Palmer, Henry Kerr, Jeff Carr, Andrew Miller, Tom Trevithan, Jonathan Brown, Stephen Katz

    President Trump has declared a national emergency to impose sweeping tariffs on Canadian, Mexican, and Chinese imports, prompting Canada to enact immediate countermeasures targeting Republican states while the administration seeks to leverage economic disruption for border security and industrial goals. Simultaneously, Denver-based Boom Supersonic successfully demonstrated its XB-1 aircraft breaking the sound barrier, advancing plans for commercial supersonic travel by 2029 through advanced carbon fiber and engine technologies. In the cultural sector, London's West End and other British venues have seen a post-pandemic surge in obligatory standing ovations, a phenomenon critics argue has diluted the meaning of applause into a coercive ritual driven by ticket costs and restored social habits.

  14. The Economist23 min

    Putty people: can Trump get his picks?

    Trump, Rosie Bloor, Adam O'Neill, Avantika Chirkotty, Luke Lithgow

    The Trump administration is advancing controversial cabinet confirmations, including Robert F. Kennedy Jr. and Tulsi Gabbard, while facing judicial and legislative resistance to executive overreach and potential pardons. Simultaneously, the global luxury market is contracting as aspirational brands struggle with economic headwinds, prompting a strategic pivot toward exclusivity and ultra-high-end clientele. In Australia, scientists are deploying genetic modifications and tadpole trapping to control the invasive cane toad population, which currently threatens native predators with lethal toxins.

  15. All-In Podcast1h 16m

    Ray Dalio: US Debt Spiral, How to Avoid Disaster | The All-In Interview

    Ray Dalio, Friedberg, Chamath, Jason, Trump, Dave

    Ray Dalio warns that the U.S. faces a critical long-term debt crisis characterized by a 125% debt-to-GDP ratio, an unsustainable $2 trillion annual deficit, and a 100% risk rating on government solvency due to looming monetization and inflationary pressure. As the country enters the deleveraging stage of an 80-year big debt cycle, the situation is exacerbated by political gridlock, AI-driven productivity gaps, and intensifying geopolitical conflicts that threaten to force harsh fiscal corrections like austerity or currency devaluation. To navigate this environment, Dalio advises shifting portfolios toward uncorrelated hard assets like gold and productive businesses while implementing immediate, binding deficit caps to avert a catastrophic financial spiral.