Breaking Points with Krystal and Saagar

4/18/23: Brazil's President Says Biden Encourages Ukraine War, McCarthy Begs Wall Street On Debt Ceiling, Nikki Haley Caught Lying, Elon Calls For Stop Of AI Dev, Fox Trial Day 1, Bernie on Jen Psaki, SF's Math Scheme, Ro Khanna Guest

Apr 18, 2023
Congressman Ro Khanna, a progressive U.S. Representative from California, joins the discussion on crucial topics. They dive into Brazil's President Lula's criticism of Biden regarding the Ukraine conflict. The pressures surrounding the debt ceiling, including McCarthy's pleas to Wall Street, also get attention. Khanna shares insights on Feinstein's calls for retirement and the sexist comments from Pelosi. The conversation takes a sharp turn towards the implications of AI regulation and critiques San Francisco's educational strategy for equity in math.
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INSIGHT

Privatization of Ukraine

  • The IMF and other institutions pushed for Ukraine to privatize its land and agriculture before the war.
  • This privatization benefits multinational corporations and financial interests.
ANECDOTE

McCarthy's Debt Ceiling Struggle

  • Kevin McCarthy is struggling to unify the Republican caucus on a debt ceiling proposal.
  • He lacks real authority and faces opposition from both hardliners and moderates.
ADVICE

Market Advice

  • Buy when the market tanks, don't sell.
  • This advice is not financial advice, but objectively, it benefited people in 2008.
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