PBD Podcast Trump-Xi Summit + Iran’s $10 Trillion Threat | PBD #798
17 snips
May 13, 2026 
Brad Lea, entrepreneur and founder of Lightspeed VT, drops in with straight-shooting business perspective. They unpack Trump’s China trip and the CEO power plays. Iran’s undersea cable leverage and strategic internet risks get a deep dive. Conversations also cover inflation drivers, Gen Z stacking jobs, housing imbalances, and Kevin Hart’s media layoffs.
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Education Shift Is Reshaping Job Growth By Gender
- Women now outpace men in bachelor's degrees (47% vs 38% ages 25–54), and job gains since 2024 favored women, reshaping labor market dynamics.
- Patrick and Tom link this to job types (healthcare growth) and men's retreat into gaming/online life.
Be Clear About Dating Bill Expectations Early
- Teach young adults to avoid expectation traps on first dates: Patrick and Tom advise splitting casual bills and reserving generosity for serious relationships.
- Tom: tell daughters to pay and leave if a date won't cover a repeat; Brad: expect provider behavior as seriousness increases.
Seller Glut Masks Affordability Because Inventory Is High End
- Redfin shows 630,000 more sellers than buyers in Feb, a record 46.3% gap, yet prices haven't dropped much due to inventory mix and affluent inbound buyers.
- Tom and Patrick note Miami and Austin examples: oversupply of high-end units doesn't help mid-market first-time buyers.