All Episodes
Feb. 4, 2023 - The Joe Rogan Experience
03:11:17
Joe Rogan Experience #1936 - Krystal Ball & Saagar Enjeti
Participants
Main voices
j
joe rogan
56:57
k
krystal ball
01:07:18
s
saagar enjeti
01:01:42
Appearances
j
jimmy dore
02:08
Clips
t
tucker carlson
00:03
| Copy link to current segment

Speaker Time Text
krystal ball
All right, now the first time we did this, my hair was fucked up the whole time and another one of y'all told me about it.
So I hope we're better friends now.
unidentified
laughter You just don't say a word.
joe rogan
Is that recorded?
Did you record that?
We should leave that part in.
saagar enjeti
I was just like, you look beautiful, Crystal.
krystal ball
I watched it afterwards and I was like, what the fuck?
saagar enjeti
Mine was fucked up too, you know?
krystal ball
Okay, number one, it's different.
Number two, I had like, this piece was like protruding.
joe rogan
I've been bald, like shaved head for like 13 years now or something like that, so I don't even think about it.
Like, your hair's fucked up.
I'm like, who cares?
Yeah.
I get it, though.
unidentified
I get it.
krystal ball
Sorry.
It was a real betrayal, but it's okay.
I'm so sorry.
We're moving forward.
It's really on him, because you and I were just getting to know each other then, so it was really his fault.
joe rogan
You guys are a very unusual combination.
It's very funny, because having someone who's on the right and having someone who's on the left, it's usually some sort of a formulaic thing.
You know what I think of Hannity and Combs?
unidentified
Yes.
krystal ball
Yes.
joe rogan
Do you remember that?
saagar enjeti
Yeah.
unidentified
Oh, God!
saagar enjeti
Well, because it was fake.
That was a thing.
unidentified
Exactly.
krystal ball
It's kind of hard to describe what we do, because if you say, like, you know, we're on the right and we're on the left, it does sound like this sort of thing that, like...
unidentified
Little bit country.
saagar enjeti
I'm a little bit rock and roll.
unidentified
Remember that?
Right, yes.
krystal ball
Or, like, that terrible CNN show, Crossfire, is the other thing.
joe rogan
Who was on that one?
krystal ball
Well, the original one was Tucker.
saagar enjeti
Paul Begala.
krystal ball
Paul Begala.
saagar enjeti
Fuck, there were two words.
krystal ball
And then they did the reboot of it, which was...
joe rogan
Tucker was on the right and Tucker even back then.
And Tucker used to have bow tie on.
saagar enjeti
That was when he had the bow tie.
krystal ball
He's never lived down.
People still, in their head, I feel like that's the picture they get of Tucker, even though he hasn't worn it.
But he's just like seared into people's memories that this is what this man wears.
joe rogan
There's something about bow ties.
There's Crossfire.
krystal ball
Oh, that's Carville?
And there's the infamous Jon Stewart when he just destroyed that.
Yeah, and then they did the remake with Newt Gingrich.
unidentified
Remember that?
saagar enjeti
Oh, and Elliot Spitzer was on there, right?
krystal ball
No, no, that was another terrible show.
joe rogan
So Newt Gingrich and Van Jones.
krystal ball
That was Stephanie Cutter, who was one of the most unlikable people ever created it.
And then Essie Cuff is actually a long time.
She and I were at MSNBC together.
So she and I are friends.
So I can't say anything bad about her.
She's a very nice person.
I love her.
I don't know who that other lady is.
saagar enjeti
Stephanie Cutter?
She works for Obama.
krystal ball
Was she a Hillary person?
I can't remember.
It was bad.
Anyway, that's not what we're doing, I hope.
joe rogan
No, you're not doing that at all.
But what is really fascinating is that having these long-form discussions like you guys do, uncensored and undirected, without an executive leaning over your shoulder and telling you what to do, It's the best way to discuss things.
And when I get to hear from a reasonable person on the left and a reasonable person on the right who respect each other, it gives me hope.
Like, hey, we can all get along.
Like, we can sort through what's good and what's bad.
It's possible.
krystal ball
That is actually the core goal of the show.
Because, I mean, we are living through incredibly, like, politically fraught times where you have a lot of people whose whole business model is to persuade you that, like, half the country hates you and is destroying the country and it's existential and we're headed to civil war.
And so I feel like if Sagar and I can, you know, agree on some things, which we do, and have debates on topics that are, you know, difficult and tense and fraught and be able to do that day after day in a way that is respectful, that's like, not just trying to score points, but actually trying to learn from each other.
You know, I hope it makes a small difference in the political atmosphere.
saagar enjeti
Yeah, I mean, what I'm most proud of in our analytics is half the audience is genuinely right and half the audience is genuinely left.
And one of the pitches that we give our people, we're like, hey, if you're gonna support us, you're not gonna agree all the time.
So you're almost conditioning people to be like, hey, this is a message that I'm buying into.
And I think the most impactful, sometimes you don't meet people or whatever and they're like, man, I watched a show with my dad and I'm just like, dad, Crystal's what I believe.
And dad is like, I'm with Sagar on some things.
And then we sit down and we talk about it afterwards.
We're building that for people.
That's so important, man.
joe rogan
It's so important.
krystal ball
Because that is one of the dangers in independent media.
There's a lot that's so exciting about independent media right now.
I mean, you see the traditional media is just like dying.
The ratings are failing.
People are abandoning them in droves.
Obviously, trust has completely fallen off a cliff.
But there are some pitfalls in independent media, too.
And one of them is that you develop an audience that is one ideology that just wants to hear one thing and is there to hear what they already think about things.
And so I think because of the fact that we have different opinions and our different political ideologies, that has sort of protected us against having an audience that is there for any one particular idea.
And, you know, we'll see sometimes, like, people go, oh, you guys said this and that.
We disagree with you.
And it's like, you know what?
If this isn't the thing for you, you owe it to yourself to go somewhere else where you're going to hear every day, I guess, whatever it is that you want to be told from within your bubble.
joe rogan
Well, I think you guys have reached a point where I have to give you the speech.
And it's like, you've got to stop paying attention to the comments.
krystal ball
It's so true.
saagar enjeti
I've been giving this speech for like three years.
joe rogan
I've been giving this speech.
I'm telling you, I'm right.
I'm right on this.
krystal ball
You are right.
Kyle actually preaches this to me all the time, too.
joe rogan
No, Kyle's indoctrinated.
krystal ball
Yeah, he's fully bought in.
He's fully on board with the philosophy.
It's so true, though.
joe rogan
It's true.
krystal ball
Yeah.
joe rogan
It's like you feel like you should engage with your fans and everything like that, but you just got to tell them, look, I love you guys.
Just, I'm not reading your shit.
unidentified
Yeah.
joe rogan
I love you.
I love you.
I do this for you.
I hope you enjoy it.
I'm happy that you enjoy it.
I'm not reading your shit.
saagar enjeti
The hardest is whenever it's people who pay, help support the show, and they'll be like, I pay $10 a month, and I pay you to represent me.
I'm just like, all right, man.
Then maybe you should cancel, because that's actually not what we're here for.
joe rogan
Not reading that.
I'm not engaging.
I'm not fuck you and you.
I'm not going to do that.
krystal ball
God, that shit will get in your head, too.
It will mess with you in terms of just your clarity of thoughts.
joe rogan
100%.
krystal ball
I mean, the trade-off is sometimes people do have good critiques, valid critiques, good ideas, whatever.
unidentified
100%.
krystal ball
You know, there is a trade-off there.
joe rogan
You're missing some of that.
krystal ball
Ultimately, I also buy into the Rogan philosophy of just don't read the shit.
joe rogan
Well, as you guys get bigger and bigger, the numbers become more and more untenable.
It just becomes ridiculous.
krystal ball
Yeah, it's true, too.
joe rogan
You can't engage.
And it's also, we are creatures of community.
And when there is any negativity, that negativity gets highlighted so much more so than positivity.
And by the way, you don't need positivity.
You're good.
You guys know you're good.
You guys, you know what I'm saying?
Like, you're objective.
Neither one of you is crazy.
Sometimes.
Yeah, but you don't have a distorted perception of what you do.
You guys do great.
You do great work.
You try hard.
You can't, like, those little negative ones, they will get in your fucking head.
krystal ball
Yeah.
joe rogan
Because we're creatures of community.
And that person that you don't know that lives in fucking Indiana that is on meth and is, like, really mad because, you know, the progressive in her district doesn't represent her views.
And she's, like, typing the meanest fucking shit.
Like, even though you know that that's nonsense, this is probably a crazy person, that's in your head now.
saagar enjeti
You know, the toughest thing actually was when we, and by doing the show, is actually by disconnecting from the broader, like, because in traditional media, the way it works is like, we used to go on Fox.
When you're in Fox, it's like an ecosystem.
You're in the green room, there's all the other conservatives that are around you, and then there's all these other people who work in conservative ink, like conservative world.
And you can't dissent.
And actually, the best, most rewarding part of our show is we're not connected to the system anymore.
I'm like, I don't give a shit.
Like, they're like, I don't really appreciate, you know, Trump's person or whatever, some Trump flacky.
He's like, you didn't say this about President Trump.
I'm like, I don't give a fuck.
I'm like, what are you gonna do?
You're gonna take me on Fox?
I don't care.
I don't care.
I don't actually want to be on Fox.
I'm like, I could be on my own show.
But being disconnected from the broader DC machine, it totally frees you up for conversation on Stop the Ste- anything.
Anything that's controversial.
And I can just be like, I think this is bullshit.
I truly, 100% guys, I believe this is bullshit.
I see commentators out there who I know- Don't believe what they're saying.
And are saying it because they have to.
They have to maintain their context.
They have to maintain their salary.
That's the corruption.
krystal ball
That's horrible.
joe rogan
And that's like a self-imposed corruption if you're doing that online.
saagar enjeti
Yes.
joe rogan
And some people are doing it online.
And you guys are not.
And I really appreciate it.
I know that I'm watching you guys.
I'm getting real opinions.
I'm getting well-thought-out, informed opinions.
And you guys are going to be cool to each other.
krystal ball
I mean, we do take it really seriously.
And I think we take it this year even more so than ever.
You know, our biggest podcast download and our biggest YouTube numbers last year were right when Russia invaded Ukraine.
And, you know, you talk about a high stakes situation where it's It's very difficult to sort through all the propaganda to really figure out what's going on.
And, you know, we were trying our best to do that in real time.
And the fact that so many people came to us to try to understand this conflict and what the U.S.'s role in it, what it should be, that really meant a lot, number one.
But it also, I think, put on both of our shoulders like a real sense of, all right.
We've got to make sure we're on top of our show.
We've got to read as much as we possibly can.
We need to go back and look at, like, Russian nuclear doctrine and just go as deep as we possibly, you know, are capable of on this topic.
Because there are a lot of people who tell us we're it in terms of the news that they consume.
So we have shifted to focusing, you know, we still do, like, fun and stupid and silly topics or whatever and indulge whatever our little hobby horse interests are.
But we've shifted the program somewhat to do more hard news because we care about it, because it's important, because there are a lot of people are looking to us to understand what's going on in the world.
And also because ultimately, you know, if there's going to be an alternative to the, you know, liars and propagandists at places like CNN and Fox News and MSNBC and some of the mainstream print outlets as well, you're going to have to have that kind of, you know, serious coverage of hard news events that people feel you know, serious coverage of hard news events that people feel like they can trust what you're presenting them And listen, we say all the time, sometimes we're going to fuck up.
Sometimes we're going to be wrong about something.
We're going to predict something.
It doesn't happen, whatever.
That is going to happen 100% of the time.
But what you can count on us for is we're always going to come back.
We're going to correct it.
We're going to own up to the mistakes.
And we are trying from the beginning our very best to sort through what the truth of the situation is.
saagar enjeti
Yeah, every six months I do a monologue.
I'm like, here's everything I got wrong.
I was like, totally wrong about this.
krystal ball
People love it, too.
unidentified
Totally wrong about that.
saagar enjeti
I'm like, here's my thought process at the time.
I'm like, I didn't think this was going to happen.
But man, Ukraine has been a doozy.
I'm like, we've said some controversial shit over the last couple of years.
I've never experienced a level of pushback than going against the Ukraine narrative.
That is like, number one, the most controversial topic I have ever seen discussed yet in politics.
joe rogan
My favorite moment of the beginning of the Ukraine conflict was Candace Owens.
Having a Twitter battle with the New York Times.
saagar enjeti
Oh, yes.
joe rogan
Where the New York Times says to Candace Owens, like, where are you getting your information from that they're corrupt in Ukraine?
And she goes, your newspaper?
And then she puts all these different links that show all the different stories from as recently as 2017 that's talked about the immense corruption.
What the fuck is wrong with you guys?
You're supposed to be the New York Times!
krystal ball
This is one of the primary ways that we've been gaslit in this conflict.
And it just came out, I don't know if you saw this, you probably did, that Zelensky fired a bunch of his cabinet officials over corruption.
And it was like, they were taking these fancy vacations to Europe.
One of them was accused of basically overcharging the military for meals.
The amount that we have sent to Ukraine, propping up not only their military, but their government, their economy, etc., when they're taking that money, that's coming directly out of the U.S. taxpayer pocket.
And nobody reported on any of this until Zelensky fired people.
And then we were allowed to be like, yeah, there's some problems with corruption there, maybe a little bit.
Maybe we should worry a little bit about where the weapons are going and what exactly is happening there.
But before then, you weren't allowed to say it.
saagar enjeti
Even better, the Times actually changed its headline.
They were like, Ukraine goes corruption drive.
And it was like, Zelensky aims to stamp out corruption just to make it a little bit less like the appearance.
I have some fun numbers for everybody.
This is from a past monologue I've gone.
USAID currently at $100 billion is double what the entire rest of the world has given to Ukraine in one year surpasses what we gave the Afghan military in 20 years.
The total amount to Ukraine now exceeds all US military aid To the country of South Vietnam between 1956 and 1975. Wow.
A hundred billion dollars.
krystal ball
And listen, I think what Russia did was wrong.
I think it's an atrocity.
I think the Ukrainian cause is just.
But the total lack of debate, the lack of willingness to say like, hey, when we got into this, what you sold to the American people was you're going to provide defensive weapons only.
So Ukraine could defend itself.
Now we're sending tanks.
Now we're sending it just came out longer range missiles out.
These were things that were totally off the table.
And then suddenly, step by step by step, not only are they on the table, but you're not allowed to question it.
You're not allowed to say, hey, guys, are we setting ourselves up for World War three here, which is something the president himself was talking about not very long ago.
And yet no debate.
And that's the thing that, you know, however you feel about the Ukraine conflict and, you know, the buildup to it and how we got here and all of those things, I think at the very base level, the total lack of an ability to have dissent and debate and understand the potential consequences of what we're doing That is fucking terrifying, because we are talking about a nuclear-armed superpower that we are engaged in a proxy war with, and you're basically not allowed to say, hey, how does this end?
What do we need to do to try to get to negotiated settlement here?
How do we avoid having a conflict with this nuclear-armed superpower?
World War III seems like a bad thing to have on the table right now.
joe rogan
And you guys are one of the few voices of reason that will say that, that agree on both sides of the fence.
And this is a thing that I... There's a lot of videos out now.
And I don't know if these people get these videos, but I get them.
I get these videos of horrible war encounters in Russia and Ukraine.
It's horrendous.
And it brings me to this thing that I... I think about a lot.
Because I think about things that other people do for a living and their jobs, and I think about, like, they live in a world that I don't understand.
You know, there's, like, I'm fascinated by professional chess players.
They live in a world that I don't understand because I don't play chess.
I kind of know how the pieces move, but I've really only played, like, maybe ten times my whole life.
There's a thing that people have.
It's a quality of being a human being.
You only know what you know.
And other things become like these sort of like ethereal narratives.
They're not necessarily real and war is one of them.
saagar enjeti
Yes.
joe rogan
War is one of them.
There's a thing that people, the way my friends who've served talk about war is so Titanically different than the way people who ideologically support or disavow it.
Like, you don't know what the fuck you're talking about if you say, there's no need for a military.
You're crazy.
We are going to get subjugated.
Someone will come here with men with guns.
If you take away all the guns that everybody has and no more military, we're fucked.
And if you don't think that, it's because you've never gone to the dark parts of the world.
Or you've never gone on Telegram.
I'll send you some videos.
I saw a guy get killed with a hammer yesterday.
unidentified
Jesus.
saagar enjeti
This is so important for people to understand, which is that we are 75 years removed from what war on the European continent actually looks like.
One lifetime.
I've been on fucking LiveLeak since I was like 12, which is probably bad for you.
joe rogan
Terrible for you.
unidentified
Terrible for you.
saagar enjeti
My girlfriend's like, what are you watching?
jimmy dore
I'm like, what?
saagar enjeti
And she's like a beheading or something like that.
joe rogan
My wife will come into my office and I have to pause videos.
And I'm like, you really want to see this?
saagar enjeti
They always say yes, but then they can't handle it.
krystal ball
I can't handle it.
I can't handle it.
I don't do well with blood.
saagar enjeti
The point, though, is that, you know, we have to try and convey this to people and just say, like, hey, when you're on Twitter and you're like, hey, you know, fuck you, you know, anybody who is against the narrative, you're like, this is not a joke.
Like, hundreds of thousands of Russians are dead.
Hundreds of thousands of Ukrainians are dead.
Millions are displaced.
We have no idea what the endgame is like.
And, you know, just what Crystal was saying.
I have this thing where, you know, the Fight Club line, like, on a long enough timeline.
I'm like, on a long enough timeline, Ukraine is getting everything that it wanted.
So originally it was like, no fly zone.
And Biden was like, I'm being responsible.
I'm saying no.
Well, first they ruled out Patriot missile systems.
Patriot missile systems are now on the way to Ukraine.
They ruled out tanks.
Now tanks are on the way to Ukraine.
Right now, there's an article talking about how F-16s, they're thinking about sending...
Pentagon, F-16s.
Biden says no now!
krystal ball
Right, exactly.
He was saying no to tanks like five days before they sent tanks.
saagar enjeti
And here's the thing.
joe rogan
He doesn't remember that though.
saagar enjeti
Yeah, you're right.
You gotta dig deep too.
Like, for example, originally we were like, we just want Ukraine to take back What it originally lost.
And listen, if I was Ukrainian, I'd be pushing for the same thing.
krystal ball
Absolutely.
saagar enjeti
I have 100% sympathy.
They are not in the wrong here.
They've been invaded by a foreign and aggressive power.
That said, like, we got to think about what's best for us.
Right now, there's a New York Times article about US warms to helping Ukraine take back Crimea.
I'm like, well, hold on a fucking second.
I'm not saying it's just that Russia took Crimea in 2013, but they formally annexed it.
And if you ask people in Russia, Crimea is Russia.
So if they use if Ukraine uses a Pentagon provided F-16 to bomb Crimea, now what?
Like now that's a violation of Russian nuclear doctrine.
They've updated their nuclear doctrine, by the way, to not even say it's defensive.
They can say they can use it in any capacity that Vladimir Putin wants to.
That was a significant change.
If you look in the history of the way that the great superpowers actually consider their own nuclear first strike use, it's something that is considered ironclad and then boom, it changes like that.
You're not even going to hear about this.
krystal ball
And I was heartened a while back when there were some leaks that came out of the Biden administration.
That he, at a donor event in San Francisco or something, said basically, we've got to make sure we avoid World War III. I'm paraphrasing.
But he was like, we've got to avoid nuclear war.
We've got to avoid World War III. And I was like, OK, good.
He's thinking about that.
That caution that existed at that point seems to be totally out of the window.
And if you read, you know, the official sort of like state paper, The New York Times, about the administration's thinking.
Oh, Jesus.
And it's like, okay, number one...
joe rogan
Was there a timeline before they could press the button?
krystal ball
Exactly.
Oh, they didn't blow up the whole world yet, so we should be fine.
joe rogan
Oh, we're fine.
krystal ball
I mean, that's insane, number one.
And number two, the idea that Russia hasn't escalated in response to our actions is just not true.
They've been striking critical energy infrastructure, including, you know, in and around Kyiv, which was an escalation.
They went through with a conscription that there, you know, was very politically dicey for Putin.
There's rumors that they may go through with another draft.
So the idea that they just like took all of this lying down didn't escalate is a fantasy to start with.
But it's incredibly dangerous and foolish to think just because they didn't push the nuclear button yet that, oh, it's all fine and he's just full of it.
joe rogan
Thank God there's people like you guys out there, because there's so many people that they have Ukraine in the same category of importance and significance as they do climate change.
Climate change, which is a real thing, but it's a politically divisive alleyway where you're not allowed to veer from the course and even look at any kind of science.
It's the same thing with Ukraine.
A support for Ukraine is undeniable.
You must put it in your Twitter bio.
And you guys are saying, you're not saying don't support Ukraine, but you're saying, look where this is going.
Do you understand what this is?
Because you can't just openly support something you don't understand without a comprehensive view of what the fuck the factors are and how it got to be that way in the first place.
And you're not going to hear that in a five minute clip on mainstream news.
You're just not going to.
saagar enjeti
It's so important for us to internalize that message.
We're not saying we hate Ukraine.
We're not saying we don't even support Ukraine.
The Ukrainian cause is just.
What we're saying is, what about our interests?
There are interests that supersede Ukraine.
If I was Ukrainian, I would do exactly what they were doing.
But guess what?
Ukraine does not exist without the United States.
We provide the vast majority of the military there for the diplomacy perspective.
If we cut off military weapons to them tomorrow, that's it.
Done.
They literally are forced to the negotiating table.
I'm not even saying we should do that.
I'm saying, what is the endgame?
And, you know, in my neighborhood, there's more Ukraine flags than there are American flags.
It's like Ukraine flag, gay pride flag, no American flag.
But then it's like, okay, if you go to those people and if we would just say what they said, they say, this is disgusting.
This is Russian propaganda.
It's up to the Ukrainians for when they want to stop.
And I said, yeah, I completely agree.
But it's also up to us for whatever we stop providing them weapons.
We're like, hey, if you want to defend this part of your territory, that's totally fine.
My endgame is not having a nuclear conflict, is making sure that we have peace on the European continent.
Vladimir Putin is in opposition to that peace.
But Putin and Russia are going to exist.
You know, something I think people should take home, too, is you had Peter Zihon on.
He said it really well, which is the first year of every Russian conflict is a total shit show.
If you look at Finland, if you look at the first year of Hitler's invasion, even going all the way back to Napoleon and some of the Tsar's campaigns before that, they lose a shit ton of people.
It looks like a complete mass.
They fire a bunch of generals, all of this.
And then what do they do?
They use their vast...
The Russian Colossus is known out of that for a reason because they have a shitload of people.
They have a lot of military materiel.
They amass it and they throw it at them.
And so...
People are like, you know, Sager, Crystal, like what you guys are saying will be valid, but Ukraine is winning.
Look, we are barely a year into this.
One year into the First World War, I could make the easy case that Germany was going to win the First World War.
Second World War, I could easily make the case the Nazis were going to win.
If I go back to Civil War, I could easily make a case the Confederates were going to win.
All three of those, it didn't happen.
Why?
Because these things go on for a long time.
You have no idea what it is.
And one of the reasons that many of those conflicts, first and two, went on and ultimately came to the conclusion they were, was because millions of lives were lost.
And the whole point from those conflicts, if you look at the way that people talked, was we have to learn the lesson.
We have to learn the lesson, but it's been 75 years, and now this is all a game.
This is a tweet that people are saying about Ukraine, but it says real-world consequences.
krystal ball
That's it.
That's it, exactly.
And the total lack of an ability to have a reasoned debate without just being, like, smeared as a propagandist.
Yes.
joe rogan
Again, don't read the comments.
krystal ball
It is a terrifying moment.
And, you know, there's a couple things that do give me some heart, which is, number one, even though, like, I can't really blame the people who are just, who can't understand seeing it another way, because the propaganda that is coming from every network, really, like, almost across the board...
It's very strong and it's very hard to avoid that.
So I have sympathy for that perspective.
But even so, a poll just came out that had, from NBC News, they buried this at the very end of their write-up of the poll.
Public's now 50-50 split on continuing aid to Ukraine.
So people are questioning, even though they're being fed so much propaganda.
I think that is a credit to the rise of independent media.
I think it's also a credit to the fact that they don't fucking trust the mainstream friends anymore.
joe rogan
But because of independent media, the trust is informed, or the lack of trust, rather.
krystal ball
Right.
It's not just knee jerk.
I hope.
I mean, that's my hope looking at those numbers.
joe rogan
I think your hope is 100% correct.
I think you're right.
I think you guys are very important.
Glenn Greenwald, very important.
Jimmy Dore, very important.
Kyle Kalinske, very important.
People who are real people that actually have done the homework and are going over the details.
And can inform people.
Because there's so many people out there.
I talked to Dave Smith about the history of the conflict between Russia and Ukraine.
I was like, what?
And he informed me about the coup in 2014. I'm like, oh my god.
krystal ball
There's a lot of backstory.
joe rogan
And then we played the video on the Colbert show.
saagar enjeti
Oh, that's right.
joe rogan
The old Colbert show.
saagar enjeti
It's like Gideon something?
The guy from the Times?
joe rogan
He's selling a book and in the book he's comparing Russia and Ukraine to Batman and Robin.
And he's like, Ukraine is Robin and we want to take Robin and bring him over to our side.
And it's like this open secret that they're doing this.
krystal ball
There were cables that actually WikiLeaks released.
And a friend who's a great journalist, Bronco Marcitech, who's been looking at the Ukraine conflict with a critical eye, he sorted through these cables.
And he found all of these diplomatic cables from the prior era, where you had NATO allies, you had U.S. officials.
Who were all saying, hey guys, Russia has red lines here with regard to Ukraine and floating NATO membership with Ukraine is a real violation of their hard red lines and were very fearful.
And they laid out exactly the trajectory that we could find ourselves on.
Now, that doesn't deny Russia agency or, you know, Putin and the Kremlin agency for invading.
No one made them do that.
However, it is to say that, you know, there was a time when you were allowed to acknowledge that U.S. policy could lead to this exact event.
And now when you even suggest that us, you know, floating NATO membership with Ukraine and saying that they were going to be made apart, that some of these things were exacerbating and they crossed the red line and You know, created a situation that was incredibly tense where this is the predictable outcome.
Again, you're not allowed to talk about that now.
joe rogan
Well, it's also, like, to bring back the chest analogy, is if you looked at war and you ignored the human casualties and the horrors and the fact that it should absolutely be avoided at all costs and all human deaths are valuable and bombing apartment buildings and all the horrible shit, it's terrible and evil.
But this isn't like...
We are being fed a narrative that Russia made a big move and there was no other moves.
krystal ball
Right.
joe rogan
And when we find out about the moving of weapons closer to Russia, the discussion of them joining NATO, and you realize Russia is getting moved on.
There's moves.
Now, you absolutely be correct in saying the correct response is not blowing up apartment buildings and starting a war and invading a country.
You're right.
But this is not an unprovoked situation.
krystal ball
It didn't just come out of nowhere from a madman.
joe rogan
We're not getting this narrative on television.
This is a new time.
And the only way to get this discussion is you guys.
It's people like you.
And that's what's so fucking important about today.
And that's what's so dangerous about censorship.
And that's what's so dangerous about these partisan ideas where you're willing to, like, you're willing to absolutely ignore good points that the other side says, because then you would give them some sort of credit in winning this ideological bullshit game we're all playing.
krystal ball
That is so well said.
saagar enjeti
It drives me nuts, especially on corruption.
You know, you were talking about censorship, but corruption is a great one where everybody wants to talk about Hunter Biden on the right.
I would love, listen, we can talk about Hunter Biden all day.
We've been covering it.
joe rogan
He's a guy who got hooked on drugs.
krystal ball
And likes to get his dick sucked.
joe rogan
And who doesn't?
That's not what the problem is.
It's just revealing a very corrupt system that everyone wants to ignore.
unidentified
Exactly.
saagar enjeti
And then we were like, hey, let's talk about Jared Kushner.
And then a lot of people on the right side, I'm like, hey, you know, this guy, it's actually great.
There are internal Saudi documents where he asked the Saudi Royal Kingdom fund or whatever for a billion dollar investment in his new fund, private equity fund, right after he leaves the White House.
The internal emails are like, I don't think this guy's a very good investor.
I'm not sure this would be a good use of our capital.
And MBS, the crown prince, is like, give him the money.
They're like, send him the billion.
krystal ball
He intervened personally to get Jared his $2 billion.
I think it was $2 billion.
$2 billion for his fund.
joe rogan
That's a baller friend to have.
krystal ball
Yeah, but if you're on the right, let's not talk about that.
Let's talk about Hunter Biden and his laptop.
And of course, the Democrats.
We had Ted Lieu, Congressman.
This was back in the old days at the Hill at Rising, but I'll never forget.
We were pressing him on Hunter Biden, these boards that he was on, and the money he was getting, whatever.
He's like, people sit on boards and they get paid money.
It was so part of the Washington water that they swim in.
He couldn't even conceive that it was a problem.
Now, it may not be illegal, but that's an issue in and of itself.
The fact that he could just hand-wave away...
joe rogan
Well, it's semi-legal.
saagar enjeti
Oh, no, it's just straight legal.
joe rogan
That's the crazy part.
It's sketchy.
It's legal, but it's sketchy.
krystal ball
Yes.
joe rogan
Yeah.
krystal ball
But to your point about censorship and the total lack of willingness to challenge your own side's narrative, did you just see this Columbia Journalism Review report that came out about Russiagate?
Sagar and I were looking at it.
saagar enjeti
Oh, it's fantastic.
krystal ball
It's really long in-depth.
I mean, it's overdue, right?
It's like way after the fact.
But I think this is one of the first, certainly mainstream, and CJR is as mainstream as they come, mainstream attempts to actually go back through the Russiagate narrative Where it started, how it was sold to the American people, and all of the lies and especially the omissions.
And they take a really hard look at the New York Times as kind of the main player in the story.
There were other villains as well, but the New York Times was the main player.
And they would report something that, you know, they would shade it to look as bad as possible with regards to Trump-Russia connections.
They would get some other piece of information that was exculpatory.
Wouldn't be in the paper at all.
And they got all kinds of, you know, millions of new subscribers to their paper who were there to hear this, like, you know, elaborate tale of Russian conspiracy and the Manchurian candidate and whatever.
And the underlying narrative that at least I take away from the CJR report is New York Times and MSNBC and a lot of other places.
They were more interested in feeding that audience what they wanted to hear than actually looking at the facts of what was happening.
And, you know, you read it.
It is as damning as it could be.
And listen, the way we were sold the Iraq war was bad enough.
Like that was a travesty after the fact they actually did some correctives that here's what we got wrong and we're sorry, whatever.
This, they will never admit that they did anything wrong here.
They just move forward and pretend like none of it ever happened.
And it is astonishing.
And then they turn around and wonder, like, why does no one trust us?
We just don't get it.
joe rogan
Yeah, well, we have to make laws against disinformation.
That's what we have to do.
Misinformation, malinformation, all of those are bad.
And this is where we can control the narrative.
krystal ball
Are you going to be the one who determines what's fact and what's fiction?
saagar enjeti
And actually, in the piece, they were like, the U.S. has the lowest media trust in 42 developed nations.
And they're like, yeah, how does that fucking happen?
joe rogan
I don't think that's true, because I think there's an insanely strong trust in independent media.
saagar enjeti
You are right.
They're pointing to the mainstream media.
joe rogan
These people that are – they're just who they are.
You know who they are.
And it's possible to do now.
You can be a real person.
You don't have to be a propagandist or a spokesperson for the state.
You can be a real person and tell people what the fuck is going on.
Because this is a wild game that other people are playing on our behalf with money that they've gotten from our taxes where we don't even get a say in what the fuck they spend it on.
It's crazy.
It's crazy and it doesn't affect your daily life.
You drive to the same place.
You say hi to your neighbors.
It seems fine.
But you're dealing with a fucking destructive empire that has been doing things to other countries that if you saw them, if you were boots on the ground, you would be horrified if you watched a drone bomb a wedding party in Yemen.
If you were a part of something in another country that we're involved in, that our tax dollars have gone to, that we have just written off as being not of concern.
krystal ball
Right, right.
joe rogan
Which is crazy!
krystal ball
Yemen is a great example.
I mean, across the board, humanitarian organizations around the world say this is the greatest humanitarian crisis that is unfolding in the entire world.
And, you know, we are highly complicit in this through our support of Saudi Arabia.
You don't see Yemen flags on people's cars.
You don't see the news media talking about it.
You don't see them humanizing the children that are starving and dying there.
And so, you know, part of the way that the information ecosystem is shaped is what they decide to care about, what they decide to cover, the way they decide to cover it, and what just gets pushed off the page entirely out of sight, out of mind.
joe rogan
I think this is an important part to talk about with this, that With human beings, when human beings work inside corporate systems and these systems have goals and everyone's working together and there's a hierarchy of people and you're not allowed to step out of line, we develop a way of thinking that is almost like it's a tribal way and it's kind of a religious way.
And I'm curious to know how you guys feel about your ability to be completely independent outside of that and how that's affected the way you think about things.
Because for me, personally, having all these conversations with so many different people about so many different subjects, I'm a different person.
unidentified
Yes.
joe rogan
Like, I'm a completely different person.
It's shaped me so...
It's like the most...
Bombarding, overwhelming education that it's like very difficult to process, but if you're in a corporate environment It's very hard to think independently.
It really is.
You don't have the time.
You don't have the notion.
You definitely don't benefit from it.
krystal ball
You don't have the incentive.
That's the big one.
joe rogan
Yeah, if you speak out, you're fucking penalized.
You can lose your job.
Just things that aren't even, like, out of line.
Like, I remember there was a hockey guy.
He was a hockey commentator.
And he said that all lives matter.
And he got fired.
unidentified
Holy shit.
joe rogan
What an egregious misstep.
All lives matter.
krystal ball
You know, I got my start in media on MSNBC. Yes, I know.
So, I mean, am I a different person from those days?
God, I certainly am.
joe rogan
That's why I wanted to bring it up to you guys.
krystal ball
I go back and look at it.
And, you know, some of it I watch and I'm proud of.
You know, I focused on a lot of the same issues I do, like labor and economic inequality, economics, things that I really care a lot about.
Especially on foreign policy, though.
Some of that stuff I go back and watch and I'm like, oh my God, this is so cringe.
And I just bought into the corporate line.
Now, ultimately, shortly before I was let go, I did a monologue when Hillary Clinton was building up to run for president.
It was back in 2014. So this was early on.
And I did this whole thing that was like, she's sold out to Wall Street.
People are going to hate this lady.
She's like the terrible candidate for the moment.
Please don't run.
And I was allowed to say it, right?
I delivered my thing.
I did it exactly how I wanted to do it.
Afterwards, I get pulled into an office and, you know, great, Molly, everything's fine.
But next time you do any commentary on Hillary Clinton, it has to get approved by the president of the network.
Yeah.
And think about, you know, I mean, I would love to say that I did further Hillary Clinton commentary.
There's no doubt about it.
But I would love to say that didn't affect me and I was just there to be a truth teller.
But listen, I'm a human being.
I'm sure I responded to the incentives in that system of like, I don't want to get in trouble with the boss.
For sure.
So that's the way that it works.
That's a very blatant example, but oftentimes people know where the boundaries are.
They know what they're allowed to say, and so they don't need that direct intervention of censorship.
And also, by the way...
These people, most of them in cable news, they're not really there because they're talented.
They're there because they're reliable purveyors of whatever it is that that network wants to purvey.
So that's ultimately why they get the job and they understand the parameters of the task.
joe rogan
Well, there's just a thing that happens when you're connected with someone.
If you're connected financially, if you're connected in a friendship way.
That's why cronyism works.
krystal ball
Yes.
saagar enjeti
That's a good point.
joe rogan
Absolutely.
They weasel their way in.
And look, I can give you examples of it in my own life.
krystal ball
Yeah.
joe rogan
Like, if anybody ever comes to me with any kind of criticism of Dana White, and I'm like, you're going to the wrong guy.
Like, that guy's my brother.
I'll never say a bad thing about him.
If I didn't know him, if he was some asshole that lived in some other country, I would probably talk shit about him like that.
I talk shit about everything.
But I love that guy to death and I'll never say a bad word about him.
So it's like you're not – if you're coming to me for objective journalism about one of my friends, you know, you got the wrong person.
saagar enjeti
Yeah, but you're open about it, right?
krystal ball
That's the most important part.
joe rogan
We got the wrong person.
But I won't say any – I won't lie.
But I won't ever say anything negative about my friends.
It's just like I don't think that's necessary.
And that's something that happens when you get a shit ton of money involved and you get relationships and you're drinking scotch together at a private club and you're discussing the advertising revenue and we'd like to donate a bunch of money to CNN. We'd like to figure out a way that we can work together.
You know, hey, I'm a fucking Captain Billionaire, and I want to donate all this money to all these people that own media organizations.
And I would, you know, I'd like to be your friend.
saagar enjeti
That's it.
joe rogan
Be your friend.
saagar enjeti
It's cool, right?
Who doesn't want to go to fun parties?
joe rogan
It's just friends.
We're friends.
saagar enjeti
Yeah, it's all part of a system.
joe rogan
We're fishing.
saagar enjeti
This is the other thing, actually, I was hoping to bring up, is I don't think people understand that cable is a fake business model.
So, for example, we talk a lot about the failing ratings.
The key demo numbers on all three of these channels is a joke.
I always like to say, like, Crystal and I would be starving in a ditch if any of these, if we were getting the same numbers as these people.
So how do they survive?
It's because they're part of something called the cable bundle.
And so, like, when you buy cable, like Cox Communications or whatever, they pay, or Comcast, for example, they pay CNN and MSNBC and Fox to be a part of the bundle.
The vast majority of the profit of these cable channels comes from the bundle.
So CNN made a billion in profit just last year, all propped up by the bundle, because they're getting paid just to exist.
I mean, can you imagine if we were getting paid to exist, not based upon our actual numbers?
unidentified
Yeah.
saagar enjeti
You can actually reach less people and make more money.
And so it's all part of this fake system.
But I mean, the benefit is, is that with the rise of independent media, more and more advertisers are waking up, the less eyeballs, the less of an incentive for the bundle to actually pay them to be a part of it.
And that's why I was actually really excited by Amazon striking that deal with the NFL because I'm like, yes, get the rights away from these people because that is what props up all kinds of bullshit that we don't have like a small D Democratic input with our eyeballs on CNN or any of these places.
They can exist just fine without us.
Like to really kill them, we have to get away from live news on TV.
That's that's the number one thing still propping them up today.
krystal ball
Yeah, it's kind of a zombie business model.
But I will tell you, I mean, I have a lot of optimism, certainly about what we're doing, about the response to what we're doing, about the independent media ecosystem.
But we were you and I were talking the other day, Joe, about.
I do think it's a dangerous moment for people.
And one thing we've been covering a lot on the show is you have a kind of breakdown in previous national stories and narratives.
And people are very, like, story-driven.
You know, you have a breakdown in, I'm not a religious person, so this is, like, not my bag, but you have a breakdown in religion.
So some of the stories that have kind of, like, held the country together and that people helped use to make sense of their life, or even the story about the American dream.
A lot of these things are kind of breaking down.
Now, that's a good thing because it creates a possibility for a new, more beneficial story.
But in the meantime, it is just a like heyday for con artists and charlatans and, you know, people who are willing to sell a narrative to, you know, a lot of folks who feel kind of lost, kind of adrift and don't like existing in that chaos situation. kind of adrift and don't like existing in that chaos So it's like, you know, whether they're being scammed by, like, SBF or this, like, Congressman George Santos who, like, made up every aspect of his life.
joe rogan
That guy's amazing.
saagar enjeti
Crystal's obsessed with him.
I just find him a disgrace.
joe rogan
You see pictures of him where he's a drag queen of Brazil?
krystal ball
Yeah, Katara.
unidentified
Yeah.
krystal ball
Absolutely.
unidentified
Drag-ish.
joe rogan
Now you can't criticize him anymore.
krystal ball
He's trans.
The part I'm obsessed with him is, first of all, I just can't imagine being that person who can, like, whoever he was across from, he was going to tell them what they wanted to hear.
When the dude was like, I'm into volleyball, he's like, I was a star volleyball player at a college he didn't even go to.
joe rogan
I have a very good friend who texted me today.
And he told me, I'm here with this guy who knew you from Boston and this and that and that and this.
And I say, what's his name?
He tells me the name.
I go, that guy's full of shit.
I don't know that guy.
And so then he tells me that he took a picture with this guy and the guy pretended that he was texting it to me.
krystal ball
Whoa.
These are real people.
joe rogan
There's real people that are just crazy.
krystal ball
And that's the thing, is I'm like, how many of these people are out there, number one?
And number two, I just feel like his ability to rise and make it to Congress says so much about the cracks FTX execs maxed out on donations.
I didn't even know that.
unidentified
Of course they did.
krystal ball
That right there is like the perfect news story for our era.
joe rogan
Look at that American flag fucking pin on the lapel.
I love it.
krystal ball
This is America's Congressman right here.
saagar enjeti
Have you seen the video where he's like, hi, my name is Anthony Devalder.
And you're like, who the fuck are you?
joe rogan
He's a full on con man.
krystal ball
Full on comment.
joe rogan
There are so few people that want to be congressmen and so few people that want to get involved that you could be a fucking loon.
A fucking loon with all the right bullet points and you can get all the way in.
krystal ball
He told people what they wanted to hear.
You know, to the donors, he was like, I'm a wealthy businessman.
I'm highly successful.
I worked at Goldman Sachs, all this stuff.
They're like, oh, this is our kind of guy.
To the electorate and the Republican, he pitched that he's like this trailblazing, you know, Americans, I am the American dream, like Latino, gay, all this stuff.
I mean, it really was incredible the way that he told people what they wanted to hear.
And so that's a part that...
I'm really interested and obsessed with because all of these people are like a reflection of the holes and vulnerabilities in society.
You know, same thing with Sam Bankman-Fried and FTX. He told people in Congress, he told the media, he had this very specific cultivated image of his like wacky hair and his like dressed down look and whatever, that he was the eccentric genius or whatever.
And a lot of people who were supposed to be super smart in the business press and in the regular press and on Capitol Hill, they all bought it hook, line, and sinker.
joe rogan
After Bernie Madoff, you're not going to fool us again.
krystal ball
Oh yeah, right.
joe rogan
We've got it all.
We figured it out.
We got it now.
saagar enjeti
It's not like Theranos was like five years ago.
joe rogan
Theranos was an abnormality, sir.
But again, people like that are rare and they don't really get through.
saagar enjeti
It's actually a good thing, though, just to show people these people aren't that smart.
When I first came to D.C., you get to the White House, and you're like, holy shit, this is the White House.
It's like when I met Trump and interviewing him in the Oval Office, and I'm like, holy shit, I'm in the Oval.
That's JFK who's there.
This is where Nixon did this thing.
But then some guy comes in with his shoes off, and you're like, Oh, this is just an office.
It's just a normal building.
And so you've got to take that veneer off.
Most people actually get this.
I'm probably just weird.
Which is, like, these people aren't that smart.
They're the billionaires.
They're actually fools.
Like, Sam Bankman-Fried raised a billion dollars when he was literally playing Counter-Strike while he was on a Zoom call.
And he was playing a video game.
He said some bullshit and, like, something about a banana.
And they gave him a billion dollars.
This is one of the top-tier venture capital firms in the world.
krystal ball
Yes.
I mean, these are supposed to be...
The most sophisticated investors and just totally bamboozled by this guy.
And then on the other end, a lot of people who bought into what he was selling or NFTs that were being sold or whatever random crypto scams were out there.
You know, they had their own vulnerabilities of maybe they were hurt in the financial crash.
Maybe they feel like it was disproportionately young men, right?
So maybe they feel like the American dream of like getting the house and having the family and the, you know, the like...
Basic middle class prosperity wasn't really open to them and they're being sold this sort of hero journey narrative about, you know, fortune favors the brave and you got to get in early and this is secret special knowledge that's going to allow you to achieve your goals of wealth creation that has been held out to you of like what is at the core of being a man.
It's a very seductive story.
joe rogan
Why is it all connected to the manscape?
The manscape and crypto and NFTs.
krystal ball
Because it all is this whole.
saagar enjeti
You know, it's interesting.
Some of the most viral content that we've done in like the last several months is just problems with men.
Like we did this video.
It's like the problems of boys and men with an author, Richard Reeves, who's actually fantastic.
He wrote a great book on this.
krystal ball
You'd have a great conversation with him, actually.
saagar enjeti
It went super viral.
And he talks a lot.
He's like, look, I understand.
He's like, I'm not an anti-feminist.
He's like, what we are talking about, though, is in the last two decades, we've had a crisis amongst young men.
And something we talk about on the show is what Crystal's getting at with the decline of the American dream, like the idea that you were going to do better than your parents.
And that's just not really true anymore.
Even if you went to school and you have a shit ton of of student debt, even if you're working class in terms of wage growth, upward mobility.
People who are graduating from high school, who are men and working class having much more trouble actually finding a mate.
So there's a big college imbalance right now where a lot of men are dropping out of college.
They no longer feel Accepted and you're reaching almost 60-40 splits of women and men in college, especially who are graduating.
A lot of women who have college degrees don't actually want to date somebody who doesn't have a college degree.
And so there's this big imbalance in the dating market.
And then also among single men, you see a big decline in lifetime wages.
But what really makes me really sad is the drug overdose numbers and they die much earlier.
They're much less likely to exercise, much less likely to fulfill A stronger life.
And that's what gets to the charlatanism of being able to buy into the charlatan.
Signing up for some MLN scheme that you might see online.
Buying crypto.
By the way, you're looking at a crypto victim.
I lost $5,000 on BlockFi.
Got fucked out by that.
joe rogan
There's a lot of men that feel by their very existence that they're bad.
saagar enjeti
Yeah.
joe rogan
Well, it's a big cultural problem.
They're fed this thought of toxic masculinity and the things that they're attracted to.
They think they've been told they're stupid or that they're evil.
There's a thing about being a man in this world today that I think we have to look at all human beings as just human beings.
unidentified
Yeah.
joe rogan
And you can't help that you were born a man.
And you can't help the things that you enjoy.
Like if you enjoy going to football games.
You enjoy getting loud with your friends.
This idea of toxic masculinity.
It's like...
Yeah, there's toxic aspects of men, and that's real.
That's a reality of being a male human being.
If you look at the history of war, it's all started by men.
Men did all of it.
Men do all the raping.
I had this guy on the podcast once.
It was hilarious.
He goes, You know, statistically speaking, men get raped more than women do.
I go, yeah, by other men, you fucking idiot.
I go, it's not packs of cheerleaders raping football players.
The fuck is wrong with you?
The problem is 100% men.
That's the problem with manosphere is that there's grifters in the manosphere that aren't actual real men.
saagar enjeti
Yes.
joe rogan
And by real men, I mean, they don't have resolve.
Like, if you took them on a hike, they would get tired.
They would sit down.
You would have to leave them behind.
They're not...
The word tough is a word, but it's like, oh, you're tough?
No, mental toughness is fucking important.
It's a really important quality of life, and it's been diminished to this thing that's like a part of toxic masculinity ideology, and it's...
krystal ball
Well, and this is where, you know, the Andrew Tates of the world come in and they, like, perform this just, like, caricaturish, ridiculous, masculine whatever they're doing.
And then also maybe as a sex trafficker, we'll find out.
We'll see what happens there.
but it again speaks to the fact there used to be a really clear sort of cultural narrative, right or wrong, about what it was to be a man.
And at the core of that was being a provider, right?
For women, it was like, you know, it was other things being like a mother and a nurturer and like the way you look.
For men, it's like about the wallet, right, the pocketbook.
And then, so I think when we've had An assault on the middle class, on the working class, where it becomes so much harder to be able to fulfill that cultural narrative of what it is supposed to be to be a man.
I think that's been, this is this woman, but, you know, from my external perspective, I think that's been really, really devastating.
And I don't want to pretend also, though, like it's like only young men who are getting scammed right now.
Everybody has.
There's, sorry, what was the name?
LuLaRoe.
saagar enjeti
Yeah.
krystal ball
And there's a great series about this MLM multi-level marketing scheme of these fucking ugly leggings that a bunch of Midwestern housewives for some reason loved these things.
unidentified
There they are!
saagar enjeti
That's it!
krystal ball
They are hideous.
joe rogan
You and I are on the wrong page here because I think those are kind of fly.
I like them.
That's some shit if my wife wore, I'd be like, I like those.
saagar enjeti
Would you let your wife buy them off Facebook Live from another Mormon lady?
joe rogan
100%.
I don't have any say over what she buys.
unidentified
That's how we work.
krystal ball
Get those for your wife for our birthday and see how she feels about it.
joe rogan
I'm a non-criticizer of my wife's behavior.
krystal ball
That's a good idea.
The thing that they sold...
To the women who ended up selling these beautiful leggings.
joe rogan
I think they're fly.
krystal ball
Beautiful fly leggings.
unidentified
I like them.
joe rogan
Stars on them and shit.
I like it.
krystal ball
You're going to be able to make your own money.
You're going to have this financial independence.
joe rogan
Yeah, you sell them to other people who like cool shit.
krystal ball
You're going to be able to still have time with your kids.
You're going to be able to have it all.
But then...
As the thing went on, and originally there was like a real demand for these leggings and people really did want them.
So you felt like, oh, I'm doing the thing.
But then as time goes on, the only people who are making money are the people who are convincing more to get into the legging sales business.
And, you know, it's a classic basically pyramid scheme.
And over time, the quality of the leggings degrade.
They're sending out packages that smell bad and they're ripped and whatever.
But the bottom line is the only way to make money was by bringing in more people after you, which is definition of MLM. That was for the Midwestern housewife or whatever.
joe rogan
Maybe they just have a marketing problem because someone should tell them how fly those leggings are.
saagar enjeti
You made that fucking guy's dick.
krystal ball
You're going to get contacted.
Next thing you know, we're going to listen to Joe's podcast and he's like, this is brought to you by LuLaRoe.
unidentified
I like him.
joe rogan
Have some little mini mouses on him.
Let's go.
Let's go.
saagar enjeti
But I think it's also a broader cultural thing where being in the mainstream, you know, mainstream masculinity is not really represented.
And because of that, that also opens a space for a lot of grifters.
I mean, I was looking at that with the whole Liver King thing.
Oh, yeah.
unidentified
Which I know you covered quite a bit, but I saw something I called it.
joe rogan
I didn't cover it.
krystal ball
Oh, did you?
joe rogan
Yeah, I called it way in advance.
I'm like, that guy's on the sauce.
krystal ball
Just from looking at him?
joe rogan
A hundred percent.
krystal ball
So you just don't naturally get that way?
joe rogan
Yeah, you can naturally get that way if you have superior genetics and you're in your 20s.
saagar enjeti
You're right.
joe rogan
This dude was how old?
He's like 45. He's carrying around too much mass.
By the way, in your 20s, your hormones are flying.
If you're 21, 22 years old, there's some natural guys that I follow that are fucking jacked.
But it's a different kind of jack.
That guy's a juiced-up jack.
I think something's going on with his abs, too.
saagar enjeti
Oh, yeah.
The surgery?
You think that's real?
joe rogan
I don't know, but anyone who's willing to lie about doing steroids when it's so obvious to anyone who understands hormonal optimization and steroid use and like that More Plates More Dates guy, Derek.
Love that guy.
I love that guy.
You know, he called it, we both called it way in advance, like there's not a chance in hell.
There's no way.
It's like if you look at Mr. Olympia.
saagar enjeti
Right.
joe rogan
Right?
No one!
Thinks they don't take steroids.
Zero people!
And you would be correct.
krystal ball
But then when you look at that, do you blame him because you know all his competition's doing the same shit, right?
unidentified
What is that?
No, no, she means Mr. Olympia.
joe rogan
Of course.
That's the same way I think about Tour de France.
Tour de France is a dirty sport, and it always was, and the greatest documentary about it is Icarus.
It's not about Tour de France, but it's about bicycle racing and doping and how prevalent it is worldwide.
It's amazing.
Have you seen it?
saagar enjeti
We had him on the show.
joe rogan
Brian Fogel?
saagar enjeti
Yeah, we had Brian on the show.
joe rogan
Amazing.
He's the same guy that did The Dissident, the Amal Khashoggi documentary, which is another amazing documentary.
He's fucking fantastic.
But it's a dirty business!
It's a dirty business!
So other people are doing it, too?
Okay.
saagar enjeti
But that's why I want people to be honest in the manosphere.
I work out at a bodybuilding gym, and so I'm like, there's guys who are on gear, and then there's guys who aren't fucking on gear.
And that's just what it is.
But the Liver King thing drove me nuts, because you were looking at teenagers who thought, they're like, oh, this is real if I eat bull testicles, or if I buy whatever his bullshit supplements are.
I don't want to say bullshit.
Whatever his supplements were.
joe rogan
I don't think the supplements are bad because what he's doing is desiccated organ meat.
And there's actually been peer-reviewed studies on feeding desiccated liver.
I think it was to...
See if you can find it.
I think it's to mice.
krystal ball
I also want to see the abs when you have a chance.
joe rogan
His abs?
Yeah.
Well, there's quite a few people that have those now.
People are accusing Oscar De La Hoya of having them now.
I saw Oscar say he got etching.
He got etching.
Oh, okay.
He's being honest.
Okay.
Oscar's being honest.
Good for him.
Good for Oscar.
So those look, to me, preposterous.
krystal ball
Yeah.
joe rogan
The amount...
It just doesn't make sense.
Now, you do have people that are outliers.
Like, there's certain people that just have bizarre traps or crazy back muscles.
Like, right there, if you show me that picture on the right, I would say...
That looks fine.
That's a guy who's just jacked.
But there's something about the one on the far left where he's holding up the piece of liver.
Yeah.
That is just like, what is going on there?
krystal ball
Yeah.
I buy that.
Especially knowing now.
unidentified
Sauce to the fucking gills!
saagar enjeti
That was the best part about Derek's video.
It's like 12 grand a month on his entire hormone stack.
joe rogan
Well, when Derek got a hold of all of the...
Yeah, I mean, come on, son.
Look, they look great, but...
krystal ball
Do they, though?
I mean, it's not to my taste.
I'll just say that.
joe rogan
Oh, you're just being nice to Kyle.
unidentified
I want to see Kyle on the sauce.
joe rogan
You know what it is?
It's like, people like different things.
You can't...
Oh, you're wrong.
That music sucks.
No, it sucks to you.
Some people want a giant, juiced-up fucking Viking dude.
That's what they want.
And some people want an Alex Honnold, the guy who climbs the rocks.
saagar enjeti
Oh, yeah.
I love that guy.
joe rogan
Slim and lean.
People like different things.
To some people, that's the optimal physique.
The problem is there.
I'm little what's a little different yeah, but oh my yeah that that's a good Kalini is yeah, yeah freakish it really is forgets well they you know like he's in the middle of full exertion there, right?
He's throwing a spear.
Look, the guy's built like a brick shithouse.
No if, ands, or but.
You don't get that way without putting in a lot of work.
That guy works hard.
There's no way.
There's no way you get there without the hard work.
Like, the real tragedy in this is that this guy had an opportunity to say what's possible with chemical intervention, Here's the pros and cons, and this is the dangers of it.
Also, this is the nutrition that I take to optimize my body, which is also critical.
You cannot get to that physique with just steroids.
You must have amazing work ethic, incredible discipline, ability to push through Exertion and just have a fucking force of will.
And you have to have amazing nutrition.
You have to be really fucking healthy to allow all those tissues to recover and nourish them and then stay that lean.
So you have to be very disciplined with your diet.
So what he's done is very, very, very impressive.
But he lied.
krystal ball
That's the problem.
And it's such a disservice.
I admit I haven't watched a lot of Liver King content.
I'm not exactly in the core demo for this.
Is he a charismatic guy?
Do you feel like if he hadn't cheated and lied and whatever, he still could have made it?
joe rogan
I don't know.
We don't know.
I think so.
I think that there's been a bunch of people that are openly taking performance-enhancing drugs and have enormous social media platforms.
I don't think that's the problem.
I think the problem is just being dishonest.
If you're the liver king and you're talking about your stack and explaining to people what you take, and that you're doing it all legally, and then you're also eating all this food, the question is, is that a thing that would influence other people to do that when they shouldn't do that?
And I think that's a personal choice.
I think the real responsibility that someone has when you're in that situation, if you are doing that stuff, You should be honest about what you're doing and then also honest if something goes wrong.
saagar enjeti
Yeah, I think it's important.
So I didn't get into health and fitness like two years ago or so.
And it's so important to have realistic expectations about what you can do, about what you can get, about what it actually means to diet.
So like Dr. Lane Norton, who I use his app, Carbon, like, you know, you realize after a couple of weeks into a cut, you're like, oh, this fucking sucks.
And you're like, and I'm only losing, you know, I'm only losing whatever, two pounds a week.
And then also even with heavy resistance training, four times a week, diet relatively on point.
Shit is hard, man.
It takes years.
Like you are not going to look like Liver King overnight.
And that's actually important to understand that.
krystal ball
Well, I mean, number one, you just aren't going to look like Liver King unless you do what he did.
But number two, I mean, yeah, some people that's just never going to be on the menu.
saagar enjeti
Totally.
But I'm more saying, like, for kids, especially, you know, look, I didn't know a fucking thing before I started consuming all this content, like Puberman and all these other folks, Derek, all these videos.
And Derek had a video once of a guy who was, like, one year out, I think.
It was like, this is what a realistic, like, six pounds of muscle looks like.
And he was like, yeah, it doesn't look great.
He's like, but that's what it looks like, man.
And I was like, yeah, that's actually very helpful to me as somebody who was just starting off from the ground.
And then I think about 22-year-old me.
I would've fallen for it, man.
I would've bought the supplements.
I would've bought the, you know, if I was 18 years old, absolutely!
I'm like, fat kid in College Station.
joe rogan
If you really thought that's all it took to get jacked.
saagar enjeti
Yeah, I'm like, that's all it takes?
I'm like, fuck yeah, I'll do it.
unidentified
Sign me up, yeah.
saagar enjeti
It's like, you gotta consume good information and have real expectations around that stuff.
And that's the biggest problem, I think, with, like, manosphere and Instagram culture and all that.
There's some great ones out there, like Lane, like Huberman, and a few others, but...
krystal ball
There's a lot of fraudsters.
Well, and to go back to Andrew Tate, apparently part of what he's arguing is like, oh, this is just a character that I'm playing.
But it's like, you know, at the end of the day, does it really...
joe rogan
Is he arguing that?
krystal ball
I think so.
I think I saw that.
But at the end of the day, does it matter if you're playing a character if people believe it?
You know, then there's no difference whether you're just like playing a ridiculous character because you're still selling the same thing to a public that's buying it.
joe rogan
Yeah, then what do you do about Stephen Colbert?
unidentified
Yeah.
joe rogan
The Colbert Report.
saagar enjeti
He just worshipped him because he was great.
joe rogan
That was a character.
krystal ball
He was great on that show.
That show was so funny.
joe rogan
That character was amazing.
krystal ball
It was.
joe rogan
It was amazing on The Daily Show.
krystal ball
When he went and did the roast of the president at the White House Correspondence with George W. That was so amazing.
joe rogan
I like it so much better than the real one.
unidentified
I know.
joe rogan
The real guy who does the talk show.
krystal ball
The new one is so cringy.
joe rogan
You need to get them Daily Show writers back.
Let's go back in the closet, buddy.
krystal ball
Yeah.
saagar enjeti
Last time we were here...
krystal ball
Put the character back on.
It was so much funnier.
saagar enjeti
I remember last time we were here was the day after he fucked up Jon Stewart's bit.
krystal ball
About Lampli Co.
saagar enjeti
You're stepping on him.
unidentified
I got that from here.
saagar enjeti
You were like, you're stepping on his fucking bit.
joe rogan
100% on purpose.
krystal ball
That was the first time I watched that thing was here live with you guys.
Hilarious.
joe rogan
Well, the narrative was like he saw his yacht slipping away.
He's like, no!
unidentified
Well, I'd like to see some evidence if you have it.
joe rogan
I've had dinner with the folks at Pfizer.
They're wonderful people.
krystal ball
But I don't even think it's that.
I think it's like the social proof thing.
Like we were talking about.
I mean, people feel like, oh, this is my club and this is my tribe.
And so I got to like represent them or I'm going to get backlash.
I'm not going to get invited to the party.
joe rogan
Have you ever seen him dancing with Chuck Schumer?
saagar enjeti
Of course.
joe rogan
And they high fives Chuck Schumer.
It's amazing.
It's amazing.
You're in the club, buddy.
You made it.
krystal ball
Congratulations.
unidentified
Yes!
joe rogan
Hope it feels good.
But that is what was the only thing that was available until independent media arose.
krystal ball
Yeah.
joe rogan
You had to do that.
And if you wanted to be the...
krystal ball
That's true.
joe rogan
That's why Jay Leno hid in the closet when they were discussing The Tonight Show.
Everybody wanted to be the head of a late night talk show.
And if you could find a way to get to that spot, that was the holy grail.
That was the thing.
That everybody wanted to get to.
saagar enjeti
I watched that documentary, The Comedy Show.
Or The Comedy Store.
About The Comedy Store.
That era was so crazy.
All anybody wanted was to get on that.
Actually, I don't know.
I'm of two minds.
I didn't grow up in that.
I was born in 92, so by the time I was aware, I was on the internet.
There seems something comfortable about that mass media environment, like the three channels, the Walter Cronkites.
Everybody looks at that as an era, which was better.
But, you know, a lot of the reading I've done in terms of JFK and Vietnam lies and all that, I think shit was just as bad.
It was like we just didn't hear about it.
People just had no idea what was going on.
krystal ball
But, you know, I mean, when you talk about JFK, which is like, this is another one of the things that I've gotten really into.
I mean, it's not like the public bought the narrative.
unidentified
That's true.
krystal ball
They never bought the narrative.
They still don't buy the narrative, you know.
But I do think in general, it was easier for them to sell a unified, like, propagandistic narrative to the American people, except when it came to things that were just, like, farcical on their face.
unidentified
Right.
joe rogan
Well, and you have something like a late-night talk show.
It's so easy to co-opt.
All you have to do is just, like, advertise on it.
krystal ball
Right.
joe rogan
And then you kind of control what the people can and can't talk about.
It's not hard at all.
krystal ball
I mean, that's the thing with the existing, like, the legacy media business models.
There's no—you know, CNN has a new boss, and he's saying different things and trying to—it's like— You're still dealing with the same beast here, though.
Same incentive structure.
You're going to find yourself falling into the exact same mistakes and holes.
I mean, that's why, you know, you see the same dynamic going on at Twitter right now, where it's like the part of the reason they were making the censorship decisions they were was because of ideology.
And I think that comes out in the Twitter files like you had a couple of people.
You had a lot of people who didn't want to make a decision.
They're just like, you know, that's in general.
People don't like being responsible or making decisions.
And a couple of really ideological actors.
But you also see in the fallout with advertisers fleeing now that a lot of the reason these censorship decisions were driven was about the money.
It was about the bottom line.
It was still, just like with legacy media, it was the advertisers shaping what was the bounds of acceptable discourse.
You see that on Twitter.
You see it on YouTube.
I mean, anywhere that's ad supported, you're going to have that same dynamic.
saagar enjeti
We have that shit constantly on YouTube.
It's like you do a video about Jeffrey Epstein, fucking kiss it goodbye.
Oh, you did a video about, you know, the vaccine, forget it, kiss it goodbye.
You did a video about gain of function.
Oh, my favorite was about, do you remember the Chinese tennis star Peng Shuai?
She accused that guy of rape.
That video got demonetized on our channel and they were like, hey, All videos on sexual assault are demonetized.
Well, first of all, when you do news, sometimes the news is fucking bad.
So, you know, I don't know what incentive you're setting here, but we've done other videos on sexual assault that weren't demonetized.
krystal ball
Yeah, they told us literally anything to do with like a Me Too story was demonetized out of the case.
Well, it's controversial.
joe rogan
So people don't want their advertising.
krystal ball
That's it.
unidentified
Exactly.
krystal ball
But then, you know, you think about the incentive structure you're creating.
How many people are going to want to cover those stories knowing that they're not going to make any money off of it?
I mean, we, you know, we built our business model so that we could try to insulate ourselves from those incentives because we're human beings too.
And we don't want to be so arrogant to assume that we're not also shaped by whatever incentive structure we ultimately live in.
But yeah, that's how you end up with Twitter, Facebook, YouTube, etc., making very similar content moderation decisions because ultimately it's all about what the advertisers are going to feel comfy with.
joe rogan
Let me tell you a story about when we got the Spotify deal.
krystal ball
Yeah.
joe rogan
Tell us.
We were always getting demonetized.
We got demonetized.
YouTube paid us a lot of money, and I... Look, I'm not an anti-YouTube person.
I love them.
I think the problem with YouTube is monitoring at scale.
unidentified
Yes.
krystal ball
Yes.
joe rogan
And managing the insane amount of content that goes through YouTube.
It's fucking impossible.
And then you have ideological actors that are inside the company, and you have...
Mandates.
And they have their own opinions about things that lean heavily left.
But we were getting demonetized like 25% of our videos.
But it's like, okay, I don't change.
This is what I do.
And most of the money that I was making was actually off of advertisers on iTunes, on Spotify.
krystal ball
So you were good.
joe rogan
So we go over to Spotify.
And then magically, all our demonetization stops.
unidentified
Really?
saagar enjeti
Because they wanted to get all the rest of them.
joe rogan
They wanted to get the money before we left.
krystal ball
Oh, that's fascinating.
joe rogan
Right, Jamie?
Did we have any of them that were demonetized after Spotify that might have been like, one?
krystal ball
That is fascinating.
joe rogan
Maybe one if we had Alex Jones on or something.
unidentified
Yeah, I was just going to say that.
krystal ball
They were like, oh, the Alex Jones one.
We'd like that cash, but we just can't do it.
joe rogan
Yeah, or someone like fucking super off the grid crazy.
I don't remember who it was, but maybe we had one.
But it was the difference between 25% of our revenue from YouTube.
So you would self-censor.
And I know that there's many friends that I have that are making YouTube shows and they self-censor.
saagar enjeti
Let me give you a good example.
We cover the news, obviously.
So YouTube has a policy where if you play a clip of Trump claiming that the election was stolen, that they're going to take down that whole video.
And I was like, well, so we're a politics show.
We cover Donald Trump when we play clips.
That doesn't mean necessarily that we agree or endorse those clips.
So how are we supposed to cover the news?
And they were like, well, as long as you say that it's not true.
And I'm like, yeah, OK, even probably would say that anyway.
But it's like, why are you dictating the way that I have to do my coverage?
We're going to cover a State of the Union in a couple of days, like a live stream.
So that's Biden.
I mean, are we supposed to interject every time he says something that's not true and live fact check it?
No, because that's outrageous.
You play the clip and then afterwards you're like, OK, here's what I thought about the State of the Union.
If Trump is he's going to be possibly the next president, United States, very least the probably the next Republican nominee.
How are we supposed to set that standard?
Like, you can't just make shit up for people like Nixon says, I'm not a crook.
unidentified
Exactly.
saagar enjeti
And then you're like, well, he might be a crook.
krystal ball
Right, right.
joe rogan
Yeah, you have to be able to discuss it.
If someone says something crazy, you have to refute it.
krystal ball
Right, right.
And the other piece is, you know, it'd be one thing if the standards were consistent and clear, but they're just like, you just don't know.
I mean, just like with your videos, suddenly they were monetized and, huh, who knows why or what happened or what that conversation was like.
And so it makes it a challenging situation.
joe rogan
I understand their place.
I understand what they're doing.
I get it.
I understand they're trying to make the most money possible.
There's an enormous industry that's around that, and they're incredibly successful.
And I'm very, very happy for YouTube.
saagar enjeti
Same.
joe rogan
But it's an issue.
krystal ball
Yeah.
joe rogan
That, in particular, is a giant issue.
That's a logical problem.
But the problem is, if you say, okay, we'll let Crystal and Sager talk about it, because they're going to mock this guy's claims, but then you're going to have some right-wing, like, QAnon person who's going to put it, and then they're going to have it, and we need to do this because of that, and then it's a call to arms, and they're like, oh, Jesus.
saagar enjeti
Well, it's a free country.
You know, at the end of the day, you just got to step back and be like, you know what?
joe rogan
Is it a free country still?
krystal ball
I don't know about that.
saagar enjeti
Supposedly.
joe rogan
Here's my real question about election fraud.
What percentage of election fraud do you think exists?
Because I don't think it's zero.
krystal ball
I don't think it's zero, but I think it's fairly.
I mean, they go, you know, they'll go back and do like recounts when you have a close election or whatever.
Usually the count changes by maybe 50 or 100 votes, but they've never been able to uncover like a large scale.
One of the only ones recently that may have shifted the results.
Remember this one in North Carolina?
unidentified
Yep.
krystal ball
It was actually a Republican candidate who won because they were using this sketchy system of ballot harvesting, and that one actually got uncovered, and it was a very close race, and it was enough to throw the result.
That's one of the only instances I know where there was enough sufficient to actually change what the result was.
saagar enjeti
It's important you ask that question, too.
And we covered this at the time.
We were like, look, we're not going to make fun of you.
We're going to cover every single lawsuit that the Trump campaign filed.
We're like, here's the lawsuit.
Here's what they allege happened in Milwaukee.
Here's what they allege happened in Arizona.
Here is what they were able to prove in court.
At the end of the day, that's probably what matters, right?
Here's the judge ultimately dismissed it in this case.
And I believe it.
I don't remember the exact number of—I want to say it was like 40 or 50 cases.
Every single one of them was thrown out.
And so I think with election fraud, it's important also to think about what level of fraud is being alleged, what exists actually today, how corrupt our elections actually used to be.
In some measures, we actually have some of the least election fraud in modern American history.
We're sitting in Texas.
One of my favorite books, Means of Ascent, which is about how LBJ straight up stole the 1948 Senate election here in Texas.
krystal ball
There's a lot that happened with JFK, too.
saagar enjeti
It's like Box 13, where they straight up stuffed ballots on day six of the Democratic primary before the things were about to get counted.
And there was a whole Supreme Court lawsuit.
Anyway, LBJ is never president without stealing that election.
JFK, a lot of dead people voted in Chicago in 1960. West Virginia...
krystal ball
I want to revise my previous statement about that North Carolina election being the only one.
I mean, to me, the most obvious example of election fraud was the 2000 presidential election where it was like, you know, top down and they had all the officials in place to get them to stop the count and like, okay, it's going to be George W. Bush.
So, in my opinion, that was probably the greatest election fraud.
saagar enjeti
Yeah, I mean, you got the Secretary of State.
What was it?
joe rogan
So you think that there was John Kerry, right?
krystal ball
It was Gore.
saagar enjeti
No, that was Bush v.
Gore when it went to the Supreme Court.
joe rogan
Which one was John Kerry?
That was O4. O4 was a weird one too, right?
saagar enjeti
There were some allegations about...
This was a Democratic allegation against Ohio, which went GOP. But there was nothing on the level of...
joe rogan
So 2000's the one.
krystal ball
Well, 2000, remember, that was with the hanging chads.
Jeb Bush, George's brother, Was the governor of the state.
So he was like in control.
And so basically, you know, they they when it looked like, OK, if we actually count on these ballots, it's going to go to Gore.
joe rogan
I don't remember.
Do you remember Hacking Democracy?
saagar enjeti
Of course.
Yeah.
joe rogan
Hacking Democracy.
Yeah.
HBO Democracy.
The documentary rather covered the the issue with the Diebold machines.
saagar enjeti
Yes.
joe rogan
The Diebold machines had a third party input available, where a third party could input information that would change the numbers.
And they did it live.
Like, they did it on film.
And they showed how this can be done.
krystal ball
When was this from?
I don't know anything about this.
joe rogan
It was about the Bush elections, because one of the allegations was that Diebold was a huge contributor to the Republican Party.
krystal ball
Wasn't there some Cheney connection there, too?
Of course!
joe rogan
That guy doesn't have his fucking hands and everything?
krystal ball
He's like immortal too.
joe rogan
He's literally in the Bible.
saagar enjeti
It's important though.
joe rogan
He's a man with no heartbeat.
Remember when he had that fake heart?
saagar enjeti
We had no heartbeat.
We had three hearts, right?
joe rogan
Well, he had an artificial thing going on where he had no pulse.
So it was just like circulating his blood.
Now he's got someone else's heart in there.
saagar enjeti
He's a creepy one.
joe rogan
I used to have a joke about him.
They had one Secret Service agent that didn't get to eat what everybody else ate, and he was on this vegan diet, and they were giving him all these pills.
Like, what the fuck?
Why am I jogging every day?
And he was just the guy, the moment Chaney drops dead, they fucking shoot this guy in the head.
saagar enjeti
Takes him duck hunting.
joe rogan
Open up his chest and pull his fucking heart out and stuff it into Dick Chaney.
saagar enjeti
They take him on the duck hunt.
Chaney shoots him.
krystal ball
The quail.
unidentified
Quail hunt.
Quail hunt.
joe rogan
Do you know those are the most gross hunts of all time?
They just open a box and they let these birds fly out.
It's called a canned hunt.
saagar enjeti
Wow.
joe rogan
They're the grossest hunts of all time.
saagar enjeti
How do you enjoy that?
joe rogan
Well, I don't know.
You have to be a person just shooting birds out of the sky.
Well, we have this thing, and I did this post once about the hierarchy of dead animals on social media.
krystal ball
Okay.
joe rogan
And I said, okay, I'm going to show you a piece of fish.
No one's gonna be offended.
And then I'm gonna show you a dead fish.
Still, fish, they don't even take care of their kids.
Fuck fish.
Right?
No one cares about fish.
And then I was holding up a dead turkey.
saagar enjeti
Yeah.
joe rogan
Like, this is a turkey I shot.
krystal ball
Okay.
joe rogan
And then I had a package of bear meat.
And I'm like, this is just bear meat.
saagar enjeti
What kind of bear?
joe rogan
Black bear that I ate.
I shot him and I ate him.
Black bear is a very edible and delicious food.
In fact, the pioneers that traveled across the country during the Daniel Boone days, they preferred black bear meat over venison.
saagar enjeti
Because of the fat, I'm assuming.
joe rogan
It was closer to beef.
It's very close to beef.
So they ate bears and they used deer for skins.
So they all wore their clothes, their buck skins.
krystal ball
Interesting.
joe rogan
Yeah.
A buck, the word buck, the dollar buck, comes from one buckskin is worth a dollar.
So that's where a buck comes from.
saagar enjeti
I think you've had him on, Clay Newcomb, is that right?
Yeah, he's got a great series on this.
joe rogan
He's amazing.
Clay Newcomb is the Bear Grease podcast.
He's a brilliant guy from Arkansas.
I love that guy to death.
And he talks about the history of Of this country and wild animal conservation and stuff.
But that's one of the parts of the story is that people ate bears.
That was the favorite food.
That's the picture of my bear meat.
krystal ball
And so did people, were they like, you're a monster, you murdered Winnie the Pooh, basically?
joe rogan
No, no, no.
Everyone was fine with it because I didn't have a dead bear.
saagar enjeti
But if it was the dead bear, that might be different.
joe rogan
Yeah, well there's pictures of me with a dead bear.
unidentified
Oh, that's fine.
joe rogan
People get very upset at it.
But look, I ate that bear.
And by the way, that bear...
Here's something that people need to understand about bears, because people think about bears like, oh, there's a beautiful animal in the forest, and it's also a teddy bear, and it's Winnie the Pooh.
I was there when there was a brawl between a male bear and a female bear, and the female bear scared the male bear off, and the male bear killed one of her cubs, and then she ate the cub.
krystal ball
Oh my god.
joe rogan
So she scared the male bear off of the cub that was killed, and then she ate the cub.
krystal ball
Oh my god.
saagar enjeti
You know there's that bear fighting grizzly man?
joe rogan
My friend saw it.
saagar enjeti
Oh, that's horrible.
joe rogan
He was there while this happened, while we were all in camp.
krystal ball
That's crazy.
joe rogan
Yeah, so, you know, and there's, I mean, you're hunting something that can kill you, too.
There's kind of a wild part of that, too.
Like, you're not just hunting a deer, which people don't have a problem with.
krystal ball
You're not hunting quail that have just been released from a fox for your pleasure.
joe rogan
My joke about Cheney was he shot his friend in the face and his friend apologized.
unidentified
He's like, sorry, I look like a bird.
joe rogan
Don't kill me, bro.
I mean, he got shot in the face by Darth Vader.
You gotta let it go.
You gotta let that one go.
saagar enjeti
It's so weird how much the culture has changed in terms of the way that theocratic right and the way they would think about who was advocating for censorship.
That's where I grew up in.
I grew up here in Texas.
And then it's like you get to D.C. and I feel like everything changed very quickly.
joe rogan
Well, it was always bipartisan, honestly, because if you go back to the Tipper Gore days, that was Al Gore's wife and she was the one that was advocating for censorship of rap videos and rap songs.
krystal ball
What was it called?
saagar enjeti
The V-chip?
Or something like that?
It was like the censorship chip in television or video games, I want to say.
krystal ball
It was a whole moral panic around rap music.
That was like, what, early 90s?
joe rogan
80s, 90s stuff?
Well, yeah, I remember.
I was...
saagar enjeti
Oh, yeah, there it is.
krystal ball
Not allowed yet.
unidentified
This is what I got.
joe rogan
It prevents blowjobs.
unidentified
This keeps you from getting on a jet that's gonna get you in trouble.
Yes.
joe rogan
What is that?
Oh my god.
That's where they ended up with just this.
Oh, TVPG, yeah.
krystal ball
Yeah, and they started putting the ratings on the video games.
Yeah, it was a whole moral panic thing.
joe rogan
It was in like 1989, 1990. I remember I was at a gym on a treadmill, listening to Straight Outta Compton for the first time.
And I was like, holy shit!
Like, this is crazy!
Like, at the time, I was like a young man in my early 20s who was a kickboxer.
And I was like, this is kind of nuts.
unidentified
Wow.
joe rogan
I was getting into a ring with fucking no clothes on in my underwear, kicking people in the face.
And I was like, these guys are a little wild.
These guys are wild.
I mean, I was living the wildest life.
I had no health insurance.
I was out there fighting for no money.
Yeah, I was traveling around the country.
saagar enjeti
I felt alive, though.
joe rogan
Oh, man, I was alive.
But it was...
But listening to that, I was like, this is crazy.
So I can imagine if you're some, like, dumpy housewife who's married to some politicians, like, I'm gonna put a stop to this!
unidentified
This is outrageous!
joe rogan
Your son comes home straight out of Compton!
You know, like, no, no, no, not my Billy!
krystal ball
Yeah, that's so true.
I mean, I don't know.
I sort of struggle with now, like, the music that is...
I'm not saying any of it should be censored, but in terms of my own personal choices in the household, what's appropriate for the kiddos.
joe rogan
I take an approach that was—my parents were hippies, luckily.
My mother and my stepfather were hippies, and they didn't care what I did.
They were like, I want you to be you.
You could swear if you want to.
krystal ball
Wow.
joe rogan
You can say whatever, but don't swear when you go to school and you get in trouble.
Don't swear around people's parents.
They'll get upset at you.
krystal ball
Yeah.
joe rogan
And they just were real reasonable about it.
So because of that, I had this open way of communication.
So I have that with my kids.
I'm like, you can swear.
My wife used to get upset in the beginning.
She was like, stop saying fuck.
Around the kids.
I'm like, they need to know that that's a word.
Because someday someone's going to say it, it's going to make them feel bad.
krystal ball
But like, I can see that when they're in even like third grade, fourth grade, where they're able to understand there's things we can say here, but we can't say in this other place.
But I mean, I have a five year old in kindergarten right now.
I don't know that she would really get to make the distinction.
joe rogan
I understand that, but eventually that information is going to get to her.
unidentified
Sure.
joe rogan
So it's like, when do you tell her Santa Claus isn't real?
krystal ball
I just don't need her teacher thinking I'm a bad person.
unidentified
Right.
krystal ball
I live in a small town, okay?
I don't want to be outcast.
joe rogan
She definitely shouldn't be saying it.
krystal ball
I got to keep up appearances.
That's what I'm saying here.
joe rogan
I know that feeling.
She definitely shouldn't be saying it.
Yeah, don't say it.
I don't say it when I'm around people that I think are going to be offended.
If I go over to someone's house and I meet their parents and their older folks are gay, what the fuck's going on, Bob?
Like, I don't do that.
How are you, sir?
Nice to meet you.
Hi, nice to meet you.
krystal ball
I'm not going to say who.
I'm not going to name check.
I did an interview a little while ago, and they sent me a list of words I wasn't allowed to say, and it was fucking hilarious.
joe rogan
What was that list that they gave of problematic new words and new phrases?
saagar enjeti
I put that out there.
It was from Stanford University.
krystal ball
Wait, is that the one that said the French?
saagar enjeti
No, that was the AP. Did you see that?
krystal ball
The AP put out their style guide or whatever.
It was like, don't put the in front of a group.
It could be offensive.
It's othering.
And one of their examples was...
saagar enjeti
People with disabilities, the French...
I was like, well, and it said, refer to them as people with, so it was like people suffering from Frenchness.
unidentified
Yes.
joe rogan
Oh, my God.
saagar enjeti
That is an affliction.
joe rogan
Oh, my God.
University language guide, grandfather housekeeping, spirit animal are problematic words.
krystal ball
Spirit animal?
joe rogan
Spirit animal is a problematic word.
krystal ball
Oh, man.
joe rogan
I thought that was just for funsies.
krystal ball
Grandfather?
joe rogan
I thought that Spirit Gemma was just a...
Listen, ninja is something you can't take from us.
I, from the martial arts community, you are not allowed to say that ninja is a pejorative.
Because ninja is something that we like...
We will talk about a guy who's a jiu-jitsu expert and like, dude, that motherfucker's a ninja.
saagar enjeti
It's a compliment.
joe rogan
That's a thing.
krystal ball
Okay, listen.
I agree with you.
But the one that I just can't even understand the rationalization of is grandfather.
I can imagine how a deranged mind would come up with these other ones.
joe rogan
Look what it says.
The clause originated in the American South in the 1890s is a way to defy the 15th Amendment and prevent black Americans from voting.
What?
saagar enjeti
Oh, I see.
Because it was referred to as the grandfather clause.
But that means, though, that the grandfather name was grandfathered into the grandfather clause.
joe rogan
So why get rid of that?
Yes, because the grandfather name, that's like way before that.
saagar enjeti
Why don't you just teach people what the grandfather clause is?
joe rogan
Just, yeah, get rid of that stupid fucking clause.
Like, don't get rid of the name grandfather.
unidentified
That's so dumb!
joe rogan
There's so many more grandfathers than there are grandfather clauses.
unidentified
Yes!
saagar enjeti
There was another one, Jamie, I think you can look for.
I think it was Stanford, and there was one that was around merit or something like that.
joe rogan
Hold on, go back to that, because it said preferred pronouns are problematic.
Where were you right there?
Yeah, here it goes.
Hold on.
The language guide also considers preferred pronouns as problematic, because the term preferred suggests that a person's pronouns are optional.
krystal ball
So what are you supposed to say?
joe rogan
Mandatory pronouns.
saagar enjeti
Your pronouns.
joe rogan
Follow the rules or die.
krystal ball
I like this one.
Phrases with man.
Manpower.
saagar enjeti
Oh, yes.
joe rogan
That's so silly.
Well, I mean, that maybe.
Maybe you can make an argument for that if you're working at a 50-50 fucking workplace.
Even a 90-10 workplace.
And 10% of them are women.
Like, man hours.
Like, what about human hours?
You can say human hours.
saagar enjeti
Sure you can.
krystal ball
You could.
joe rogan
That's not an issue.
saagar enjeti
Yeah, but are you really taking offense at that?
joe rogan
But grandfather.
unidentified
Yeah.
joe rogan
Leave Grandpa alone!
krystal ball
Yeah, come on.
joe rogan
What the fuck are we doing?
But the thing is, once people get things established, they never will stop.
Like, we're good.
We have a perfect balance in society.
No, they want to keep pushing.
And if they're pushing in that general direction to try to restrict language, define what's acceptable.
krystal ball
You're right, though, that it is such a bipartisan instinct.
It's much more about control than it is anything else.
Because we see like, you know, the right I think very strategically has embraced like the narrative of like freedom of speech, etc.
And then you see dudes like Mike Lindell, the pillow guy, starting his own social media platform.
And he's like, it's a free speech platform.
No curse words allowed.
No taking the Lord's name in vain.
joe rogan
What about porn?
krystal ball
That's the crazy thing about Twitter.
joe rogan
Twitter still has hardcore porn.
unidentified
Yeah.
joe rogan
Which is really weird.
krystal ball
They honestly do a pretty good job, I feel like, of keeping it...
joe rogan
What does that mean?
saagar enjeti
What does it show up in my feed?
krystal ball
Exactly, that's what I mean.
It's like, if you aren't there for like...
joe rogan
Right, if you're not following...
krystal ball
Dicks and asses, you're not going to get it in your feed.
And if you are, then you are.
joe rogan
Yeah.
saagar enjeti
I saw somebody tweet at us once, they're like, love crystal ball and soccer.
I was like, oh, who is this guy?
I show up and there's just a giant dick in my face.
He's like a male porn star.
unidentified
He's a male porn star.
I love that guy.
I was like, alright.
I love that guy.
krystal ball
Shout out to him.
saagar enjeti
You're political too.
unidentified
Absolutely.
krystal ball
They gotta fight for their rights, maybe more than anyone else.
joe rogan
Just because you fuck on camera doesn't mean you're not a person.
It's a wild time to be alive.
But that's why I think that a show like yours is so important.
Because you are from the right and you are from the left.
And I think I'm like a person without a country.
I'm an island.
I really do.
I'm so left-wing on so many different things.
But then they get to a certain number of things and I'm like, no fucking way.
Stop.
Because you're denying crazy.
You're denying all sorts of real psychological conditions.
Amid backlash.
Stanford pulls.
Harmful languages.
Amid backlash.
Duh, guys.
Get out of your fucking bubble.
Those are people that need to read the comments.
Sometimes people shouldn't, but Stanford should read the comments.
krystal ball
They should read the comments.
I think there's a lot of people who feel like you do, Joe.
I was so laughed my whole life.
We both feel the same way you do in terms of like, you know, I don't see myself as like fitting with the Democratic Party and everything that they're doing.
I just saw like Nancy Pelosi is endorsing Adam Schiff for a California Senate.
When you read through the way that man lied to the American public through all of Russiagate, you're like...
joe rogan
Yeah.
krystal ball
He should be, like, in prison for perjury, not being bolstered by one of the most powerful women in the country for the United States Senate.
joe rogan
Do you see him sitting next to Ilian Omar, where she's apologizing for talking about it's all about the Benjamins?
unidentified
Yeah.
joe rogan
Which is just about money.
She's talking about money.
krystal ball
She shouldn't have apologized.
I mean, I'll go ahead and say it.
joe rogan
That's not an anti-Semitic statement.
I don't think that is.
It's about Benjamins or money.
You know, the idea that Jewish people are not into money is ridiculous.
krystal ball
Listen.
joe rogan
That's like saying Italians aren't into pizza.
It's fucking stupid.
krystal ball
I mean, listen.
joe rogan
It's fucking stupid.
krystal ball
I understand that the way she phrased it, like she could have phrased it a different way so that people would have less of a freakout, but can you not talk about the influence of money in D.C.? Of course.
I mean, there's a very obvious reason why for my entire life, There's been a uniparty consensus around our policy vis-a-vis the Israeli government and a total inability or unwillingness to criticize the Israeli government.
It has everything to do with organization and, yes, money, just like every other fucking interest in D.C. And so, yeah, the fact that she said that she got kicked off the Foreign Affairs Committee.
Look, I have issues and disagreements with Ilhan Omar, but she actually is one of the more courageous voices on foreign policy who's willing to call out some of the hypocrisy and bullshit In U.S. foreign policy, extremely rare in terms of United States Congressmen.
So it's actually kind of a real loss that she got kicked off that committee.
joe rogan
Whether you agree with her or not, she has a bold opinion, and that opinion is not her own.
There's many people that have that opinion, and they should be represented.
My point is she's sitting right next to Adam Schiff, and no one says shit.
She doesn't say, yeah, yeah, I probably should have said, hey, motherfucker, what did you say?
unidentified
You said some crazy shit that wasn't true at all.
krystal ball
No, he loved having his face on the cameras during all the Russiagate stuff.
And he would go out there and just go right up to the line of basically saying, yeah, we got the goods on Trump in Russia.
And he fed it so hard.
And then you look at that and what a disservice it was.
What a giant, elaborate conspiracy was constructed to distract the American people from so many more important things that were going on.
And here's one of the key figures.
And he is very likely to be the next senator from California, especially with fucking Nancy Pelosi's endorsement now.
Insane.
saagar enjeti
It's fucking ridiculous.
unidentified
Yeah.
saagar enjeti
No, I agree.
You know, it's also funny in terms of, like, what you're not allowed to say, what you get censored off of a committee for.
Like you said, look, I don't agree with Ilhan Omar on a lot.
I mean, I also don't think that it should be out of bounds to talk about influence of any government, including the Saudi government, of which a lot of these people are on the take of hypocrisy, which drives me fucking crazy.
joe rogan
It's crazy.
saagar enjeti
Yeah, it's like, you know, they'll censor, or they'll go after Eric Swalwell, rightfully, in my opinion.
What did he do?
Okay, he had a relationship of some kind with a Chinese spy.
He basically slept with a Chinese spy.
It may not have been.
joe rogan
Some of those Chinese ladies are very hot in his defense.
krystal ball
He says it was not.
And this was apparently before he was married.
joe rogan
It's hard to resist.
krystal ball
And he says he had no idea.
saagar enjeti
Her name was Fang Fang?
krystal ball
No idea she was a Chinese spy.
saagar enjeti
Jamie, I'm sure you can find a picture of her.
There's a picture of the two of them together.
joe rogan
You get a hot sext from Fang Fang.
unidentified
What are you going to do?
saagar enjeti
You meet her at a conference.
You're a fucking nerd.
You're the weirdo who always wants to be a congressman.
joe rogan
She's in a lingerie in front of a mirror.
Sends you a picture.
krystal ball
Who among us?
joe rogan
Let's go.
Let's go.
As long as I don't tell her any secrets.
Who gives a shit?
unidentified
No harm, no foul.
krystal ball
There she is.
unidentified
There she is.
joe rogan
Look at him and look at her.
Let's go champ.
saagar enjeti
He looks like a fucking dork.
joe rogan
Let's go champ.
Of course he did.
unidentified
Yes.
krystal ball
She had, like, intentionally, I think my recollection is, infiltrated a bunch of, like, San Francisco's sort of, like, Democratic donor circuits.
joe rogan
The crazy thing is, she's like a seven.
You know, imagine if they brought up one of their bombshells.
She was probably, like, the early ones.
krystal ball
Listen.
joe rogan
You know how the Russians send out the first fucking group of people to die?
krystal ball
If you're a seven and you know how to stroke a congressman's ego, you're going to be fine.
joe rogan
Oh, yeah.
Especially with a couple of cocktails.
krystal ball
Yeah, you didn't need to send in a ten.
unidentified
He was...
joe rogan
Probably better.
You trust the Seven.
She's a regular gal.
krystal ball
It was like Maria Bettina.
saagar enjeti
She was like the Russian one.
She seduced a bunch of NRA members.
It's like 2018. We actually exchanged her.
She's back in Moscow.
We did a prisoner exchange for her.
krystal ball
Isn't she like...
A lawmaker now?
I'm pretty sure she's a lawmaker now.
unidentified
Yeah, you're right.
saagar enjeti
I think she was elected to the Duma or something like that.
joe rogan
So what did she do to the NRA people?
saagar enjeti
She would go to a bunch of CPAC and NRA conferences and ingratiate herself with GOP officials and then she would sleep with them and then basically try and get as close to Trump as possible.
There's a lot of governments that do this, right?
The Israeli government does this, the Russian government, the Chinese government.
joe rogan
What was she trying to do?
saagar enjeti
What was her goal?
Like, I think a lot of it's related to trying getting sanctions off of certain oligarchs.
That's what a lot of it comes back to.
krystal ball
She was in a real, like, long-term, ultimately, relationship with, like, somebody high up in the NRA. Yes, yes.
NRA, something like that.
Like, she was living with him and, like...
So, the idea was to get close to power, I guess, basically.
joe rogan
I never saw The Americans.
saagar enjeti
Oh, great fuck, great, great show.
joe rogan
That's all I heard.
unidentified
I didn't watch it either.
joe rogan
But it's the same thing, right?
It was like Russian spies that were integrated.
Tell me we don't do that, too.
krystal ball
Of course we do.
100%.
100%.
unidentified
It's a dirty mess.
joe rogan
I mean, that's the argument, like, kicking Chinese companies out of America.
Like, hey, they don't let us do it.
saagar enjeti
You know why, too?
If you look at it, they explicitly, when they banned Google, Facebook, and all that, they're like, they're going to use it to shape our population and spy on us.
Why would we do that?
And then we're like, yeah, let's get TikTok on in here.
It's all good.
joe rogan
Well, not only that, let's, like, let them fly a fucking balloon over the country.
Oh, my God.
krystal ball
It's crazy, right?
I mean, the funny thing is, it really is, like, it's such a shell game because, like, we know they're spying on us.
They know we're spying on them.
But you can't be so fucking obvious about it where your spy balloon is there and a commercial airline jet is, like, spotting it.
And so, like, you can't be so obvious.
joe rogan
But it's floating around.
Does it have power?
saagar enjeti
Well, so I don't know, but it was spotted actually over one of the three sites in the United States which has intercontinental ballistic missiles.
And of course, it just happened to fly there and it drifted off, of course, according to the Chinese government.
krystal ball
But we already knew that their spy satellites are able to see this area and collect whatever data there is to collect.
joe rogan
So what's the purpose of balloons?
saagar enjeti
That's a great question.
krystal ball
I don't know.
joe rogan
Just to stick it in your face?
It's like when, you remember when Nancy Pelosi visited Taiwan and China just shot a bunch of missiles into the ocean?
Killed some dolphins?
krystal ball
Yeah, I think that was wildly irresponsible of her to go though.
I mean, especially at the State Department and Biden, they were like, don't do this.
unidentified
I did a joke about it.
joe rogan
I was like, I think they're trying to kill that lady.
She's making too much money.
krystal ball
You're like, Nancy, go on.
joe rogan
You're fucking enough for everybody.
krystal ball
We've got a special trip for you.
joe rogan
You're stealing too much money.
What does it say there, Jamie?
krystal ball
They don't care about that, Joe.
joe rogan
The balloon has the ability to maneuver and had changed course.
unidentified
Oh, terrific.
saagar enjeti
How did it drift off course, then, if they have the ability to maneuver?
joe rogan
Well, it changed course.
unidentified
Oh, okay.
joe rogan
I mean, it didn't drift off course.
It seems like it's under its own power.
So, that's the worry about shooting it down was the payload.
Like, it's large.
Right.
krystal ball
The worry was that there would be debris that would hurt the civilian population, and then the other thing I saw was that they actually wanted to be able to observe it more and see what it was and capabilities and whatever, and it might be more useful to it in the sky than shot up into a billion figures.
joe rogan
Well, the Avengers have a net they could shoot out of a jet.
You're telling me the United States doesn't have a net?
saagar enjeti
I don't know, man.
krystal ball
That's a compromised position.
saagar enjeti
I like that.
So did you hear about the circumstance of why it was found?
Because a commercial airline pilot is the one who saw it.
And so I'm like, well, did we know it was there before the pilot called?
joe rogan
He was probably so bummed out, he probably was hoping it was a UFO. Oh, I know.
unidentified
Please let it be a UFO. He's like, Joe Rogan's going to have me on to talk about this.
joe rogan
This is going to be great.
Well, we were at 35,000 feet.
unidentified
Yeah.
saagar enjeti
That's too obvious, though.
It's too obvious.
It was too rude of injury technology.
joe rogan
Well, I always wonder about what those things are that people keep spotting.
I mean, we don't really totally know about their capabilities.
saagar enjeti
As you know, I go quite deep on this.
joe rogan
Yeah.
Do you go deep on it at all, Crystal, or do you just roll your eyes when you start spilling UFOs?
krystal ball
I don't roll my eyes.
joe rogan
She just grabbed her drink.
That's an instinct.
krystal ball
I don't roll my eyes.
I just, it's not like, I don't go deep the way he does.
I find it interesting.
I find it question mark, but I can't say I've like, you know, gone deep down the rabbit hole.
joe rogan
There's more important things to concentrate on in the moment.
unidentified
I wouldn't say that.
krystal ball
I just say like for whatever reason, it's not my thing that I'm like super fascinated by.
saagar enjeti
The mystery of alien life.
joe rogan
Do you think that is a more male-oriented thing?
saagar enjeti
Definitely possible.
krystal ball
You think so?
joe rogan
Well, here's the thing.
Out of all the people that I've interviewed that are UFO experts, they're all men.
All Sasquatch experts.
All men.
I have a joke about Sasquatch experts.
I think they're all unfuckable white dudes.
saagar enjeti
Hey, Les Brown is a fucking gem, okay?
Don't say that about him.
joe rogan
This is the last thing you're going to find when you go looking for Bigfoot.
Black people.
You're more likely to find Bigfoot than you are black people looking for Bigfoot.
It's like a bit I had.
It's all unfuckable white dudes.
saagar enjeti
There's like those shows that Bigfoot aren't.
joe rogan
Black people aren't buying it.
unidentified
They're like, we got real shit going on in our lives.
joe rogan
Where the fuck did you guys get excited about this?
krystal ball
It is some white guy shit.
joe rogan
It's unfuckable white guys.
krystal ball
My friend, Essie Cup, who we had on the screen earlier, I wouldn't say she's a Sasquatch expert, but she's super into them.
unidentified
Of course.
krystal ball
So it's a little tiny fly in the ointment of your theory here.
saagar enjeti
I don't think it's fair to put Sasquatch and UFO in the same category.
joe rogan
It 100% is.
Because I hope they're both real.
krystal ball
Don't...
joe rogan
I hope they're both real.
saagar enjeti
I just think there's a lot more evidence on the UFO side.
joe rogan
Yes, there is.
But there's also evidence that there was an animal that was a bipedal hominid that lived alongside of human beings.
saagar enjeti
Oh, interesting.
An enormous one.
joe rogan
An enormous one.
It's called Gigantopithecus.
It's absolutely real.
saagar enjeti
In the Pacific Northwest?
joe rogan
Well, it was in Asia.
And this was during the time before the Ice Age when the Bering Land Bridge was available.
There was an animal that they discovered in an apothecary shop in China, and I believe it was in the 1920s.
An anthropologist was there, and he found these enormous primate teeth.
I might be fucking this up.
I don't think I am, though.
He found these enormous primate teeth, and he was like, what the fuck is this?
And where'd you get this?
And it led to an investigation.
They found the site where these things were recovered, and they found more.
And they found jawbones that would indicate that this animal is bipedal, which means it stood up on two legs, and it was fucking enormous.
Like, eight-foot-tall, gorilla-like, orangutan-like creature that existed alongside human beings.
krystal ball
Okay, but we don't know exactly like when did the...
joe rogan
We know for a fact that they existed 100,000 years ago because of these bones.
But that doesn't mean they didn't exist 50,000 years ago or 10,000 years ago.
We don't know.
And if they did exist 10,000 years ago, it makes sense why the Native Americans would have many, many names for these creatures.
And they didn't really have mythical creatures.
That's what a Gigantopithecus would have looked like.
krystal ball
Jesus, wow.
joe rogan
So it was an enormous great ape that lived alongside us and absolutely 100,000 years ago.
And then they found many other creatures that were really interesting that we didn't know existed that absolutely lived alongside human beings.
One of them was the hobbit man from the island of Flores.
krystal ball
That one I knew about.
joe rogan
So that's Homo Floresis.
saagar enjeti
That was Indonesia, I believe.
krystal ball
Didn't they have some local lore also about that, like the elders...
Had some connectivity to when that species existed alongside of them?
joe rogan
Yes, they call it the Orang Pendek.
And by the way, Hawaii has a similar legend.
I talked to a gentleman in Hawaii when I was there recently, and he was just an old timer.
He was great.
And he was telling me all the different names that the native Hawaiians have for things.
And he was explaining how there was a creature that supposedly lived when the first people got here.
And it was a small, hairy, ape-like creature that is similar to what's been spotted in Vietnam and in other parts of the world in these jungle areas.
They call it the Orang Pendek.
And it's identical to this hobbit person.
So when they existed, who knows?
They might have existed 500 years ago or 100 years ago or 50 years ago.
We don't fucking know.
But we do know that there were a bunch of different kinds of ape-like creatures that existed alongside of us.
And they think that these Homo floreensis were really close to human.
They were on a branch.
They used tools.
They hunted.
They worked together.
And they might have communicated.
They might have had a language.
We don't know.
saagar enjeti
This is why I think it all connects to UFOs, where it's like, I just got to...
I can't imagine but stepping back and dreaming of.
Like, Earth.
We don't even know what it looked like 2500 BC. Beyond that, we have no idea.
That's when written history begins.
You've talked a lot with Graham Hancock, his ancient apocalypse series, and the reason why I think there's a connectivity is like, what's possible, man?
That's with the UFO thing.
I'm like, if there is ancient life here or multiple forms of alien life or, you know, some connectivity between that or even past contact of all this, it's like our entire understanding of the world is just completely wrong.
And I just find that so seductive, I guess, like that idea.
Maybe that's foolish and maybe that's, you know, part like a male thing like you're talking about.
But there's enough there that we can't help but be interested.
We're like, what's happening?
krystal ball
You just persuaded Sagar he was just shitting on the Sasquatch people and now he's like all in.
saagar enjeti
I'm talking more about Homo Florensis.
joe rogan
The Sasquatch is more likely because it definitely existed.
Like they know that within the time that human beings were alive, we're going to have stories about this creature.
Now whether or not those stories persist long after the creature is extinct and people pretend they see it when they're really just seeing black bears that are walking upright, which they do all the time.
I've seen black bears walk upright.
And if black bears have a hurt paw, there was a famous black bear in New Jersey that had a very badly damaged front paw so it would walk on its rear legs.
It would walk upright like a seven foot tall animal.
krystal ball
That's crazy.
joe rogan
Which is just like, if you saw it through the trees, you'd be like, oh my god, it's a giant ape.
saagar enjeti
I saw one in Glacier National Park and I was like, Holy fuck, these things are so big.
I don't think people really knows how big a bears are.
joe rogan
Bears are big.
Well, if Galicia National Park, was it a brown bear or a black bear?
saagar enjeti
Yeah, there was a black bear and a brown bear.
We saw both.
I got really lucky.
joe rogan
We were in Montana, and we were at this grizzly preserve where they'd taken these problematic grizzlies that raid people's garbage and shit.
krystal ball
and shit.
joe rogan
You said grandfather.
unidentified
Well they...
Ah!
Yeah.
joe rogan
And they fed this thing a frozen watermelon and this bear crushed this frozen watermelon like it was a grape.
Like you and I would do a grape.
Just took giant bites out of a frozen watermelon.
krystal ball
Wow.
joe rogan
And I was like, imagine the power of this fucking thing.
They're so big.
saagar enjeti
You ever seen a jaguar?
joe rogan
Not even alive.
saagar enjeti
Yeah, I only saw one in a zoo, but they are some of the most majestic creatures.
joe rogan
You know about El Jefe?
saagar enjeti
No, I don't.
joe rogan
El Jefe is the only jaguar in the United States that's been spotted in the United States.
They used to be prevalent.
Yeah.
When the pioneers came across the country, they spotted multiple jaguars.
They were everywhere.
There's even sightings of jaguars in the northern states.
But for whatever reason, they either were wiped out or whatever happened.
But there's a jaguar that keeps traveling from Mexico, and that's El Jefe.
unidentified
There he is.
saagar enjeti
Wow.
joe rogan
That's crazy.
Look at that fucking beautiful thing.
krystal ball
I wonder how long jaguars live for, like, what their natural lifespan is.
joe rogan
Well, they know this one jaguar because they've taken so many trail cam photos of it.
Their spots are, you know, you can identify them from their spots if you get still photos of high resolution.
It's like a fingerprint kind of thing.
Yeah, yeah, yeah.
And this one jaguar is just this lone 200-pound cat that makes his way through and he's just, fuck.
krystal ball
That is wild.
That is wild.
joe rogan
It's an amazing, amazing animal.
If there's only one.
If they're everywhere, you're fucked.
krystal ball
Nice to watch it on the camera.
joe rogan
Otherwise, you're like a tribe in the Amazon.
You go to get water, you're fucking terrified.
saagar enjeti
It's kind of like wolves.
Have you ever seen a wolf?
joe rogan
They're fucking huge.
Gigantic.
saagar enjeti
And you're like, man, that's pretty scary.
joe rogan
Well, we eradicated them, and then these fucking eco people are like, we need to bring them back.
They're our friends.
The wolves are amazing.
Until they're eating your family, until they're trying to get into your house.
krystal ball
Your livestock or whatever.
joe rogan
I have a buddy who lives in BC and he watched one kill a horse.
unidentified
Wow.
joe rogan
A pack of wolves killed a horse.
unidentified
That's crazy.
joe rogan
So it was like late at night and they hear all this barking and barking and they look out from his fucking bedroom window to one of the stalls and you see a pack of wolves devouring a horse.
saagar enjeti
Wow.
krystal ball
Jesus.
joe rogan
They got really hungry and it was cold and they took a chance.
krystal ball
Wow.
There was a story.
Sorry, do you remember this?
There was this town in New Hampshire.
That like super ideological libertarians took over and they like moved to the town.
They like voted themselves onto the town council and they went about getting rid of like every single regulation they possibly could, including the ones that had to do with like the proper way to store your trash to avoid attracting bears.
I don't remember this.
You don't remember this?
This made such an impression on me.
Because it was such a tale of ideological arrogance.
You're like, oh, the free market will work it out.
Well, next thing you know, bears are coming into town.
Bears are mauling people.
They have this whole massive bear mauling issue in this New Hampshire town because of their ideology.
joe rogan
Well, there's a similar situation in New Jersey.
In New Jersey, New Jersey has the most bears per capita of any place in the country, including Alaska.
I think including Alaska.
saagar enjeti
They have a ton of black bears.
joe rogan
Yeah, it's all black bears.
But the governor ran on a platform of getting rid of the bear hunt.
Because people think, you know, most of these people that are in high population areas, they don't have encounters with bears.
They think of bears like, why would you want to kill a bear, you fucking asshole?
But meanwhile, these people are getting killed by bears.
A student from Rutgers was killed by a bear.
And then they started seeing a giant uptick, 200% uptick in human bear encounters that were problematic.
We've played this video many times of, what is it, Far Rockaway?
Far Rockaway, New Jersey?
Is that where it was?
Where these fucking enormous bears are duking it out in a really suburban area.
krystal ball
Far Rockaway is like New York City suburbs, right?
saagar enjeti
Yeah, I thought that was like Queens or something.
joe rogan
Is that Far Rockaway?
No.
It just sounds right.
It's New Jersey.
Goddammit, why can't I remember it?
We played this clip.
It is Rockaway.
saagar enjeti
Okay.
joe rogan
Okay, watch this.
Because it's fucking bonkers.
This is on people's...
That's like...
These are two 300 pound bears.
krystal ball
They're fucking huge.
Like in your yard.
joe rogan
100% in the yard.
And they're fighting over trash.
So what happens is they get, or maybe breeding, they get access to the trash in the area.
And when another male is there, they try to scare the male off.
And these two bears just start duking it out.
And when they start duking it out, they're knocking over trash cans and they're piling out into the streets.
So these people are in their cars filming this.
krystal ball
Oh my God.
joe rogan
I mean, look at giant chunks of fur flying off of them.
These are huge bears.
These are giant predators that will 100% kill your dog, 100% kill your kids.
You leave a baby outside, the baby's dead, the bear eats it and runs away with it.
They don't have any morals, they don't have any ethics, they're playing by a totally different set of rules than you would imagine from a Disney movie.
But this is what happens when you don't control predators.
The wildlife conservationists have long been saying, you have to keep these animals in check, because it's bad for them, it's bad for the people, and the nutty people are like, yeah, but we're in their area.
saagar enjeti
But they don't understand, like, you know, right where we are, the hill country.
joe rogan
Yeah.
saagar enjeti
200 years ago, probably in this spot, it was a bloodbath.
It was brutal.
Pure Comanche range versus rival Indian groups, like complete just slaughter for resources.
Like, I don't think people really get what it really was like, even 150 years ago, like, if you think about Buffalo and the range and the conquering of the Old West, I've read so many books about that time period, just because I'm so fascinated by it.
That era of what it was like and what the actual West and the range and all that was, it was a dangerous place.
I've read a lot about Theodore Roosevelt and some of his original encounters on some of his hunting trips with bears and everything.
It's just completely, completely outrageous.
joe rogan
Where's the Arrowhead, Jamie?
Do you know where it is?
It's missing.
Oh, here it is.
We have an arrowhead from here.
saagar enjeti
Oh, wow.
joe rogan
So I have a friend who has a ranch out here, and their ranch is overwhelmed with arrowheads.
krystal ball
Really?
joe rogan
Yeah.
unidentified
Wow.
joe rogan
They dig all the time, and they find these things.
krystal ball
That's crazy.
joe rogan
That was an absolute Native American arrowhead that they used either for war or they used it for hunting.
saagar enjeti
Aren't you not supposed to pick them up?
joe rogan
I didn't pick it up.
It was a gift.
krystal ball
It was a gift from a friend.
joe rogan
But in Texas, I think the rules are a little bit different because it's their land.
I did find one on a hunting trip once in Nevada, and I was informed that I was supposed to leave it behind.
saagar enjeti
I knew that was a law.
Because I've looked for them before, too.
And they're like, even if you find it, you just got to put it back.
joe rogan
I'm a lawbreaker, bro.
If I find it in Arrowhead, that shit's mine.
It's like, I'm not going to leave it here for somebody else to pick up.
unidentified
That's true.
krystal ball
What do you think is the most difficult of the animals that you've hunted?
joe rogan
Neil guy.
I just hunted a Neil guy recently, which is an Indian animal that evolved around tigers.
And I've never seen an animal that runs so fast when you hit it.
I thought I shot this Neil guy with a bow and arrow, and it was a perfect shot.
And I was really sure that it was a perfect shot.
It was a 52-yard shot, centered my pin, watched the arrow hit it, and that animal ran off like on a full sprint like it wasn't even remotely injured.
And I was like, oh no.
Like, what happened?
And it ran 130 yards until it died at a full clip.
saagar enjeti
That's a whole football field.
krystal ball
Wait, what did they look like?
I've never heard of that animal.
joe rogan
See if you can pull a photo of a Neil guy.
saagar enjeti
Where was his show?
joe rogan
South Texas.
saagar enjeti
Oh, interesting.
joe rogan
So there's more Asian and exotic African animals in South Texas than often in Asia and in Africa.
There's some animals that are, in their country, are endangered.
But in Texas, they hunt them regularly.
That's a Neil guy.
And that is an animal that evolved around tigers.
And those dudes, you can't get close to them, and if you hit them, they run like there's nothing wrong.
Like, that animal had an arrow that went through its vitals in a perfect shot, passed through its body, went 30 yards past its body where it found the arrow.
krystal ball
It's kind of built different.
unidentified
It's like a deer but super juiced up.
joe rogan
It was a perfect shot.
The animal died.
They say that happens with rifles.
They were telling me they shoot those with a.300 Win Mag and they have to have another one in the chamber because the guide will do a follow-up shot on the animal because they're so fucking tough because they evolved around tigers.
Yeah.
Yeah.
So, like, everybody's like, well, I'll just live off the land.
Like, good luck, bitch.
You're gonna need a grocery store, motherfucker.
You're not designed for this.
saagar enjeti
That's kind of the scary part, though, when you realize how unconnected you are.
Like, if you don't have any skills.
unidentified
Oh, my God.
saagar enjeti
I've been watching Last of Us.
Heard it's great.
It was fucking fantastic.
unidentified
Really?
saagar enjeti
The last episode just...
Broke me.
People out there, no spoilers.
I won't say anything.
krystal ball
I'll watch it like three years from now when it's outdated.
saagar enjeti
It's brutal.
Anyway, I was like, man, this is...
Because I listened to your Mike Glover episode and I was like, yeah, man, I gotta get prepared.
And I'm like, I don't know a fucking thing.
I'm like, what am I doing here?
joe rogan
I don't know a thing and I've been doing it for 12 years.
I've been hunting for like 11 years now.
Yeah, I'm still a rookie.
saagar enjeti
It's one of those skills where you have to put it in from a very early age.
And when you learn about indigenous tribes, or I read a lot of history, like the Mongols I know you're into as well, they start learning when they're like three or four years old.
Like they start pulling bows before they can, like barely when they can start walking.
So it becomes part of the actual culture itself.
And that level of skill, I don't know if you could teach that at this point in the West.
joe rogan
Oh, you could.
100%.
Yeah, you could if people had to.
saagar enjeti
People are so adaptable.
unidentified
Necessity.
joe rogan
We were talking the other day about people that live in the Congo that are working in these cobalt mines, and I was like, you've got to imagine if this is what you were born into, because humans are so adaptable.
We're so accustomed to whatever we're accustomed to.
And if you live there, you would do what everyone else is doing, because you would get by.
And if you were born into a nomadic tribe that traveled around and followed the buffalo, you would be hunting them the same way they did.
That's just what people do.
We adapt.
And that's the whole idea behind Graham Hancock and Randall Carlson's theory about the restarting of human civilization, is that we have achieved a very high level of sophistication, which explains the pyramids and Gobekli Tepe.
It explains all these immense stone structures where they move stones with some unknown technology from as many as 500 miles away.
1,000 tons stones through the mountains.
We have no idea how the fuck they did it.
And then you go 5,000 years later and you have barbarians.
And like, what happened?
Well, most likely a fucking natural disaster that forced people to figure out a way to adapt.
And overcome.
And I think that's one of the reasons why, if we go back a few thousand years ago, you have these people with these brilliant minds that live these unbelievably barbaric lives.
And I think it's because they're the descendants of people that had to survive whatever was left over after the sophisticated civilization was hit by comets.
saagar enjeti
Crystal just bought me a copy of the Perry Reese map, that famous map, which was the Ottoman Admiral written like 1513. I think he drew it and he based it off from the Library of Alexandria and it includes that 10,000 year old coastline of Antarctica.
krystal ball
Pretty good Christmas gift.
saagar enjeti
It was a great Christmas gift.
unidentified
It's amazing.
saagar enjeti
I love that.
joe rogan
It's amazing.
And the more evidence that gets uncovered, the more that's a very viable theory.
Because the core samples, the hard physical data of those core samples shows that somewhere in the neighborhood of 12,800 years ago, there was massive impacts all over the earth.
As much as 30% of the Earth shows evidence of this.
30% of the Earth shows evidence of iridium in high levels, which is very rare on Earth, but very common in space.
Nano diamonds from the impact, carbon from burnt everything.
I think people got fucked up.
Somewhere around 12,800 years ago, the end of the Ice Age.
And I think those guys are right.
I think the more data that gets uncovered, which is like almost every day, they're finding new discoveries that point to that.
They're finding new impact craters.
They found a giant impact crater in Antarctica.
They found a giant one off the coast of New Zealand.
We get hit.
And when we get hit, all bets are off.
All your fucking hard drives are useless.
All the known knowledge that you get off the internet is no longer available to you.
And we start from scratch.
And that is a 100% possibility for us right now.
krystal ball
Right now we're fearful of sort of the other direction.
But have you played with the chat GPT stuff?
Like the AI that's going to...
I don't know.
Revolutionize everything.
saagar enjeti
Or will it?
We don't know.
krystal ball
Yeah, that's a question, right?
We've been playing with it.
We're actually doing a live show tonight in Austin.
Well, it'll be last night by the time this comes out, probably.
But we put into the chat GPT, like, write a monologue in the voice of Sagar and Jetty about UFOs.
And it does a thing.
It's all right.
The grammar is good.
It doesn't sound like Sagar at all.
The sort of grammar they use and the way they approach it.
unidentified
Ladies and gentlemen, it's time we have an important conversation.
If you wanted to be grandiose, it was very important.
saagar enjeti
That'd be like 90s politicians.
Ladies and gentlemen, it's time we have an important conversation.
joe rogan
Have you heard Lex Friedman talk about it, though?
I hadn't gone fully through your podcast the other day.
krystal ball
I'd be interested to hear what he has to say.
joe rogan
He said...
Chat 4.0 is on the way.
saagar enjeti
Oh, that's right, because it has more information that's going to be available to it.
joe rogan
It's going to be way, way, way better.
krystal ball
See, I listened to Sam Altman, who's the CEO of OpenAI, which makes ChatGPT.
I heard he got a question about the fourth version, because there is a lot of speculation that it's going to be like...
A whole other universe in terms of his capabilities, that it's going to be more closely approximating actual intelligence in a way that's going to really super freak people out.
That's what a lot of people like Lex and others, I guess, are projecting.
He was really trying to pour cold water on that idea, but that may just be because he doesn't want to get it overhyped.
He wants to set the bar low so that when the thing actually drops, It lands with an appropriate, I guess, fanfare.
joe rogan
The real thing of concern is that this didn't exist four years ago, three years ago, two years ago, and now it exists and it's gotten better really quickly.
Maybe it did exist two years ago, but it wasn't publicly consumable.
saagar enjeti
It didn't have a chat.
Right.
krystal ball
See, that's the thing.
Actually, this was, again, listening to this interview with Sam Altman, he was talking about how he was actually really surprised by the way that the public, when they got to play with it, were like, oh my god.
Because in his mind, working so closely with the technology, this just felt like the next logical step.
But for people who hadn't been deeply, you know, enmeshed in the details of the technology, when suddenly you had this thing in front of you and you could play with it and then you've got this, like, the image generators and whatever, that it kind of blew people's minds.
And we've been talking about how you've got universities professors who are freaked out.
saagar enjeti
Yeah.
This is our favorite.
krystal ball
About kids cheating on tests and using this to write their essays and whatever.
And so I do think it's going to require a kind of entire rethink of the university experience, of what parts of what human beings can do are more difficult to replicate by the machine.
Because the machine can spit out a Sager and Jetty theoretical UFO monologue, but it can't create new ideas, right?
It's lacking a sort of, like, creativity.
joe rogan
For now.
krystal ball
Yes, for now.
joe rogan
For now.
That's the real thing is for now.
Because I think it's going to.
And I think within five years it's going to be better at us.
Better at being us than us.
saagar enjeti
But that's actually important, and it's one of the fun things that we're seeing through the ChatGPT education, which I love.
And actually, it's fascinating.
We get a ton of feedback on those segments because it's a lot of college kids are fed up with bullshit busy work.
A lot of professors are tearing up their entire syllabus, and they're like, all right, now we're going to go to oral examination.
We're going to have a discussion in class.
And I was like, that's great.
jimmy dore
That's great.
saagar enjeti
That's fantastic.
You shouldn't be doing a bullshit essay first draft.
joe rogan
But that also teaches you how to write, which is actually important.
saagar enjeti
Actually, I don't know if it does, actually.
joe rogan
It could.
krystal ball
Well, but if you have, so the comparison they make is to, like, the invention of the calculator.
saagar enjeti
Yeah.
krystal ball
It's like, you still need to understand the math to know what to put into the calculator.
saagar enjeti
Right.
krystal ball
But you don't need to know how to do all that shit by hand.
joe rogan
Can we pause this?
I have to pee so bad.
krystal ball
Yeah, absolutely.
unidentified
Go ahead.
joe rogan
Let's use the restroom.
saagar enjeti
We'll be right back.
unidentified
Woo!
saagar enjeti
All right, we're back.
joe rogan
Thanks so much better.
unidentified
Chat TPT. Chat TPT. Colleges.
krystal ball
And I do think part of the freak out right now is because most automation that has like killed people's jobs has been service workers, has been blue collar.
And now you have a lot of white collar workers who are like, oh shit, this could be coming for me.
saagar enjeti
Do you see the BuzzFeed thing?
unidentified
No, I did not.
saagar enjeti
That BuzzFeed hired ChatGPT or is going to use ChatGPT to auto-generate listicles.
krystal ball
Yeah, they laid off.
saagar enjeti
Yeah, there we go.
They just laid 10% of their staff off.
joe rogan
Oh, my God.
krystal ball
Oh, and by the way, didn't their stock skyrocket?
saagar enjeti
Yeah, their stock went up, I want to say 95% in a single day.
joe rogan
Fire people will give you more money.
unidentified
Hooray!
krystal ball
What a great system we have.
saagar enjeti
Not great!
joe rogan
But doesn't that leave room for Substack people?
saagar enjeti
Yes, absolutely.
joe rogan
And doesn't it leave room for creators that you get an obvious look into their mind and they take pride in their writing?
I would say to young kids, I would say, fuck around with ChatTPT.
I'd say, figure out what it does because it's an important thing.
But learn how to write.
I think it's good for you.
And I think if you want to get better at whatever you're doing that requires writing, like if you're going to be a journalist, even if you use ChatGPT to give you a framework, you should learn how to be creative.
It's good for you.
krystal ball
I do think that's a good point, and it's where the calculator analogy kind of fails, because the calculations are the calculations.
There's no style or voice that goes into it.
Whereas, you know, I mean, Sagar and I write a lot every single week.
I know you write a lot as part of, you know, being a comedian.
And when you do that a lot over time, you develop your own voice.
You develop your own style that you maybe aren't going to come to if you're starting with the ChatGPT framework.
Even if you're not just wholesale, like, taking whatever Chat gives you and, like, selling that off as your own.
Even if you're taking it and workshopping, whatever...
It's not quite the same as staring at the blank piece of paper and creating it in your voice.
joe rogan
And the satisfaction that you get.
unidentified
Absolutely.
joe rogan
The satisfaction when you write something that you enjoy.
That you're like, oh, I did a lot of work on this and I'm really proud of it.
krystal ball
Yeah, it is.
I mean, you know, we write these monologues for the show and like...
We do three a week.
So some of them are going to be great.
Some of them are going to be, you know, solid.
Some are going to be like, oh, it was a bit of a struggle.
But when you get that one that it's like you have the idea and you're able to lay it out in a way that you feel like really captures what you were trying to say and, like, makes a point that you feel like hasn't been made before, that's wonderful.
saagar enjeti
That's why I'm celebrating it with the classroom, though.
Because I had to do—when I was in college, we had so many bullshit, like, busywork quizzes that they were just doing to assign so they could check a box on the syllabus.
Now, they're sitting in the classroom being like, what do you think?
They have to test you live to see if you're either paying attention.
I think that's great.
Like, that's— Ultimately, what did we really get out of college?
I don't know.
In terms of what I use right now, even you were talking about writing, a lot of that was bullshit academic writing.
When I learned how to write for journalism, it's totally different.
It's like all the opposite rules, actually, in terms of the way you do it.
it.
But from what's being what's useful in life is being able to understand ideas.
Part of what our show is consider an alternative point of view, the famous Plato quotes, the mark of an intelligent mind to consider an opinion, something like an opinion that he doesn't necessarily agree with.
It's I'm butchering it.
But that is what you could possibly get out of higher education today, coming together, taking a four year pause in your life, talking with this professor, So there's a professor right now at UPenn, Wharton, who's actually requiring ChatGPT in the classroom.
He's like, no, no, no, no, no.
For entrepreneurship, we're all going to use it.
We're going to learn how to use this tool together, and then we're going to talk about it in the classroom.
That's what education actually can be.
And so I talk a lot about higher education corruption.
And really what it is to me is, you know, places charging $80,000 a year, which is outrageous, putting these kids into debt and not teaching them anything which is actually useful in the real world.
And I think this is useful.
krystal ball
It's just like a...
saagar enjeti
Learning.
krystal ball
It's just like a stamp of approval.
Yeah, it's a credential.
You know, it's a credential.
That's what it is.
I mean, I will say, so I studied economics, and we obviously talk a lot about economics.
But the shit that I learned was like...
You know, it's all very doctrinaire.
It was all very like...
saagar enjeti
Supply and demand.
unidentified
Yeah.
krystal ball
I mean, it was like a lot of stuff I had to like unlearn the propaganda of, you know, ultimately.
saagar enjeti
Oh, that's a great point, too.
This is how the Federal Reserve works.
And then we're doing all these segments about the Fed.
I'm like, well, maybe it shouldn't.
And then it's like, oh, this is all a human design system.
So you'll read books.
It's like something on Jekyll Island on the creation of the Fed and then what the Fed's actual mandate is.
And you're like, oh, the Fed has a lot of Over our society, over our economy, over our politics, actually.
There's a lot of arguments about certain politicians never would have gone if the Fed hadn't been doing the policies that they had, like Jimmy Carter in 1979 with Paul Volcker.
We're living actually in an era right now of tremendous departure from previous Federal Reserve policy.
We went from a zero interest rate environment to higher interest rates.
The economy right now is the craziest thing you've ever seen.
So the jobs numbers actually came out this morning.
We are at one of the lowest unemployment rates in modern American history.
Since 1969. Right, so it's a great economy, right?
But wage stagnation, it's not keeping up with inflation of goods.
Try buying a house right now.
Mortgage rates are a disaster.
They're falling slightly.
We've been talking a lot about the used car industry.
Car loans are a total nightmare.
You're seeing all these charlatans in the economy.
Like, what is this?
What has been created?
The tech layoffs is a good example.
You have Google cutting 10%, Amazon cutting 10,000 jobs.
Salesforce cutting 10,000 jobs.
All of this was just because of cheap money.
And so that makes you take a step back and be like, wow, the Fed is a non-democratic institution.
You and I have no input on the Fed whatsoever.
The president appoints a chair and the rest of those people get confirmed by Congress.
And then after that, it's up to them.
They could nuke the entire U.S. economy if they wanted to.
It's literally up to like 14 people.
And you're like, holy shit.
So much of my life is determined by these folks.
I don't think people realize that.
krystal ball
And it's intentional that they make it very opaque and make people feel dumb, like they don't understand it.
unidentified
It's intentional?
krystal ball
Very intentional.
This is actually Alan Greenspan sort of innovated this of like Fed speak, where any pronouncement he made was like incomprehensible if you didn't have a PhD in economics.
And it hasn't always been like that in American history.
You know, Fed policy, monetary policy was hotly debated.
There were like populist revolts over it.
saagar enjeti
William Jennings Bryan.
krystal ball
But there's a real anti-populist movement to consolidate power in the hands of a few credentialed bureaucrats by posturing like, oh, we're just sort of like doing the math and it's just a calculation and there's no morals involved.
We don't need to understand what other people think about it and to make it feel like, oh, we've got this because we're the credentialed experts when, you know, in reality, these are things that affect people's lives.
But on the fakery in the economy, I think this is one of the under-told stories of our era.
We were talking a lot about incentives earlier.
The incentives for corporate America are not to innovate, not to create new products, certainly not to invest in their workforce.
It's all to engage in financial engineering to reward themselves and their stockholders.
So stock buybacks.
This year I just saw a stat.
Largest first quarter or first month of the year stock buybacks that we've ever had.
You look at companies like airline companies where you think, oh, they're making their money by flying people around or whatever.
No.
Actually, they're giant hedge funds, and most of their money comes from financial manipulation.
It started with, let me hedge the cost of jet fuel, but then that turns into big business, and so they basically become Wall Street.
Apple, this is one of...
Rana Faruhar, who's a very smart financial thinker, she wrote a book that highlighted this statistic.
Apple, when they released the iPod, their stock that year actually went down.
When they did financial manipulation and like gigantic stock buybacks, their stock goes up.
So it just shows you how much of our whole economy big picture is basically fake, geared towards financial engineering and not towards actual innovation, development, like growing a company based on a good idea and a good product.
saagar enjeti
Well, you talk about this with your phone all the time, right?
You're like, my iPhone, what was it?
iPhone 4 is not all that different from iPhone 14. That's an exaggeration, but like iPhone 11 and iPhone 14 aren't that different.
Apple has actually increased its revenue significantly through its bundle of services by increasing the amount of costs it can pull from the App Store.
I've got my Mac here, so everything is locked in here.
Software as a service, everything is linked into the Apple bundle.
That Tim Cook's great – there's a great book.
I forget exactly the name.
I think it's Apple – Life After Steve.
So after Steve Jobs died.
Steve was a product guy.
He would invest hundreds of billions of dollars into R&D, into creating game-changing, beautiful new products.
Tim Cook is a managerial type.
His job is to squeeze as much money out of the stock price.
So how do you do that?
A, you park $100 billion or whatever overseas so you don't have to pay – Taxes on it.
B, you don't invest necessarily in brand new R&D. You invest in making sure that people get the new phone every year.
You invest in paying $2.99 for that iCloud bubble.
I mean, imagine what that is at scale.
And at scale, what they're doing is locking people into services with Apple, which are recurring subscription revenue.
It's a shitload of money.
And I think their stock is at the highest level ever.
But when's the last time you held...
Okay, you have a Tesla.
When you got into a Tesla, it's like picking up the iPhone 4 for the first time.
And you're like, holy fuck, I can't even believe this is real.
This is a new thing.
The first time I had an iPhone 4, it had that beautiful back.
And it was like Steve Jobs described it as looking like a Leica camera or something.
I remember holding it and just being like, this is the coolest fucking thing I've ever seen.
I felt the same way whenever I got into a Tesla.
I'm like, I'm not in a car, I'm in a computer.
I'm in a computer that drives.
And that leap, think about how rare that is.
Over the last 20 years.
You had Marc Andreessen on, and Peter Thiel also has a famous quote on this.
He's like, we were promised flying cars, and all we got was 140 characters.
Except now we have 280 characters.
It's like, yeah, I mean, you know, we had some tech advancements, but at the end of the day, like, I've been using the same relative phone for the last 10 years.
And if you were to ask me in 2012, when the first time I picked up that iPhone 4, I would be like, no way, man, 10 years from now, who's gonna know?
We're gonna have Oculus, or we're gonna be living in this, like, brave new world, for example.
And We're not really there.
ChatTPT is the first time I felt excited about something.
I'm like, that's new.
That's something.
Now, is it good?
I don't know.
krystal ball
Well, I mean, any sort of tech progress.
There's good.
There's bad.
saagar enjeti
There's trade-off.
krystal ball
There's trade-off.
And you hope the good is more than the bad.
It usually is.
joe rogan
What's fascinating is there's a never-ending push towards technological innovation that we don't ever see stopping.
We are 100% addicted to having the newest, best, greatest, latest, and then companies will continue to do that.
I mean, they're going to be manipulating stock prices.
But at the core of it, if you want people to buy shit, you have to make better shit.
unidentified
And so you're going to have people that are— I wish that was the core of it, though, now, right?
joe rogan
Well, at least at the end of the line of what gets done— It's like if you looked at the Earth from above, I use this analogy all the time, if you didn't know us, if you were from some other culture, some other planet, and you were trying to observe what human beings do, well, they make stuff.
They keep making better stuff.
There's a bunch of other stuff that goes on.
There's a bunch of...
This is keeping up with the Joneses, materialism, but what that does ultimately is it forces you to buy more stuff.
The materialism instinct that people have, it's a base thing, it's like silly, why do it?
It's a part of human beings for some strange reason, a status thing.
And that status thing allows people to continue to innovate and buy new stuff and continue to make better and better versions of that thing so you're compelled to buy it.
And that's ultimately leading towards something.
krystal ball
So much of public companies in particular, this is where the incentives are the most fucked up.
The amount that they spend on research and development now is way less than it used to be number one and dramatically less than private companies.
Because, again, I was telling you the other day about this, what might be...
The greatest corporate con like in history from this Indian industrialist who was at least up until like the last week, the richest man in Asia, like fourth richest man on the planet after like, you know, Elon and Bezos and Bill Gates.
And there's no doubt his company is big.
He's got close ties in with the Modi government.
He's built ports.
He's involved in energy, runs airports, all this stuff.
But there was a big 100-page report that came out from this group called Hindenburg Research, which is known for sort of identifying fraudsters.
They're short sellers, so let me be clear.
They have a financial incentive also on the other side.
They're betting on this company going down.
But what they revealed was essentially that this guy, allegedly, they deny it, had set up all of these shell companies that they were using to manipulate their stock, which propped up the company's value, which also hid how bad their debt situation was, that his brother was controlling a bunch of these shell companies.
And so over the course of the past, what, week and a half, his suite of companies, like seven different companies, have lost like half their Their value.
saagar enjeti
$100 billion in value.
krystal ball
$100 billion.
He's lost half of his fortune in a week, 10 days, something like that.
saagar enjeti
The scheme is actually not all that dissimilar from the SPF thing, which is basically Mauritius, which is offshore.
They were using Mauritius-based shell companies to have cash there that they actually owned to buy their own stock, inflating the stock price.
Based on inflation of stock, they're able to borrow— The actual cash against that stock.
So the actual value of the stock wasn't as high as it supposedly was.
SBF kind of did the same thing by issuing that own token, which they then claimed had value and then borrowing actual cash based on the value of this false token.
And that's how you get the billions and billions that stack up on each other.
And this would all be funny if Adnani was not one of the most powerful men in India.
If his companies did not prop up and not was invested in by the, I think it's the State Bank of India, there is a tremendous amount of exposure in the Indian economy.
And Nani is a hero there alongside Ambani and a few of the other industrialists.
There's a good book, if anyone's interested, called The Billionaire Raj, which is specifically about the rise of these new Indian oligarchs.
And the amount of power that they yield in India is tremendous.
So this is not a joke.
I mean, this really would be like if Bezos was going down.
krystal ball
Yeah.
unidentified
It's that level.
saagar enjeti
But if anything, it's not even comparable because we have a lot of Bezos's.
They really only have like 12, like 15 of these types of guys.
krystal ball
And this guy was number one.
saagar enjeti
Yeah.
unidentified
He was the biggest.
krystal ball
Wealthiest man, not just in India, but in all of Asia.
And like that, half his wealth gone.
They were doing a stock sale, like $2.5 billion, raise more cash for the company, whatever.
And he had to actually back out of it because of all of this.
saagar enjeti
There's a video I'm talking about.
He's like, we are well capitalized.
We have great assets.
Good balance sheet.
krystal ball
And his response, now listen, I want to be clear, the response was 435 pages.
I do not claim that I read all of it, but in part, what it said was basically like, this is an attack on India, rather than responding to the specific claims he's playing to sort of like Indian nationalism to try to rally the troops.
saagar enjeti
It's a smart thing to do.
unidentified
If you criticize Anthony Fauci, you're criticizing science.
krystal ball
Exactly.
That way he pulled the Fauci move.
That's what he did.
I don't think it's working for him quite as well, though.
unidentified
Wow.
joe rogan
That's crazy.
krystal ball
Right?
joe rogan
Wow.
What a house of cards.
How many businesses are like that?
saagar enjeti
Exactly.
Who knows?
unidentified
Good question.
saagar enjeti
That thing about SBF was, if CZ never does that tweet, what happens, man?
He could be on the Forbes, not even the Forbes 400, on the Forbes 100. SBF, if this whole thing had been going, it's kind of like Madoff.
Madoff only fell apart.
I went deep on Madoff after SBF, and it was only 2008 that brought him down.
If the recession doesn't happen, Madoff sails off into the sun.
He's fine.
krystal ball
I think SBF, I think whether it was then or sometime in the future, I think his ticket was going to get punched.
joe rogan
He's on amphetamines and banging nine other weirdos in a penthouse in the Bahamas.
Those people are off the fucking rails.
They were nuts.
Which I would be rooting for them if they weren't doing a swindle.
If they were really super geniuses that were pulling off some amazing financial move, I'd be like, fuck yeah.
Go nerds.
krystal ball
Let's go.
Because, I mean, so much of crypto is collapsing now.
And, I mean, that's why it looks like they got so overextended at Alameda, which was basically the crypto hedge fund, because they placed all these bets.
The bets were going south.
They needed more cash.
And so they're tapping into their customer accounts over at FTX. It's all story of leverage, yeah.
I just feel like with so many of these crypto bubbles and schemes and whatever, it's like they're just rediscovering all of the worst ills of the banking system.
You know, it's like, oh, we did this new thing.
We discovered a bank run.
Like, wow, this is what happens when people freak out and come and get their cash.
joe rogan
We talked about it in the green room, that they need regulation.
krystal ball
Well, they need...
They need enforcement.
It is a little complicated because, I mean, look, ultimately, you know, FTX was unwound.
The existing laws do not let you commit fraud.
So there needs to be enforcement.
Now, one of the things that we are keeping an eye on...
Is at some point in the FTX run-up when he's buying all these politicians and he's buying all his like puff piece coverage and the New York Times and everywhere else, there was actually some effort to investigate him coming from the SEC. And there was a bipartisan group of lawmakers that sent a letter that was like, hey, he's our boy.
Like, don't...
They're like, don't touch the crypto industry.
saagar enjeti
What are you doing?
krystal ball
He happens to have donated to all of them.
Yeah, specifically about this guy.
And so did that lead to the regulators saying like, I guess we're going to like take a light touch.
We're not going to dig into this.
I don't know.
That's a question that I have about how all this works.
But, you know, I think that's part of why him in particular cultivated this image on Capitol Hill.
He cultivated this image with the media and was able to hold up the scheme for as long as he did.
saagar enjeti
Yeah, it's a tough one.
I don't know.
On the one hand, I'm a lot more...
I guess I'm more sympathetic to the original idea of Bitcoin.
To be fair, Bitcoin is very different than a lot of these other shitcoins that are out there in terms of the invention by the invention of this mysterious man, and then it has a limited number of supply, the original selling point of it as a hedge against inflation, and also where I thought it was the most important was the idea of being able to get around Sanctions, regulation, people being able to censor you.
Where a lot of that came apart, though, and this was scary, was, if you remember, right before Ukraine, what was one of the biggest stories in the country?
Canada.
And the Canadian freedom protesters.
And how the Canadian government was seizing their banks.
And then what was even crazier is they were actually seizing their Bitcoin.
So it actually showed us one of the big choke points in crypto.
I have some friends who work in the industry, and I haven't really gotten a good answer on this, which is, you know, to be able to seize Bitcoin, it's because a lot of it was sent on the platforms, which are itself regulated.
So, for example, Coinbase is still subject in the United States to U.S. regulation, and Canada, similarly.
So the idea of the censorship-free money, it's possible if you know how to do it.
I barely know how to do it.
unidentified
Wait a minute.
joe rogan
So they...
The government of Canada went into Coinbase and extracted Bitcoin?
saagar enjeti
I'm not going to say it was Coinbase necessarily, but they were...
Jamie, I'm sure you can find this.
It was Canadian government seizes cryptocurrency sent by U.S. citizens to the actual Canadian freedom protesters.
And that was one of the problems was that because some of that was on the exchanges, which are subject to regulation, it's the same thing as if I were trying to wire them money to a prohibited group in Canada.
But you were looking at that and you're like, man...
You know, that level of censorship resistance, which I really still really believe in, like, we got to have something, you know, in terms of, there's a current lot of pressure right now for the Fed and for the United States to create like a centralized digital currency.
And even, I mean, essentially, cashless, we don't, we basically live in a quasi cashless society right now.
If you think about China, one of the ways that they're able to implement their social credit score system is everything is within the WeChat app.
Over there.
An Alipay.
It's all integrated, not only for your social credit core system, your Uber, all of that is there, and you tap to pay.
Well, that's great for convenience.
It's also, oh, if you piss off the government, you can't pay for anything anymore.
You can't get a bus ticket.
You can't get all that.
So I don't know what the...
krystal ball
The problem is, when you have the wild, wild west, the people are going to rise to the top.
It's not an accident that you end up with psychopathic charlatans like SBF at the top of this thing.
You know, because it is like the time, in a way, the time before you had like a central bank and when you had all these different currencies competing with each other in the U.S. And so I, too, was sympathetic to the original idea behind crypto, which is like, you know, look, fiat money is also just based on what we all decide to put value on.
Now, I would say like our fiat currency is also backed by the United States government and the military, etc.
So that would be the most powerful country of the So there is more than just like a belief in it at this point, but okay.
And so if we have this like mode of exchange and this sort of like anarchist principles of organization, it was really a response, a philosophical response, the failures of 2008. When you see how bankrupt are and corrupt our existing financial institutions are and how rigged and how much they lie and how captured the political system is.
And so I understand the impetus for it.
But in reality, it has never been used as actual currency to a significant degree.
It just became a purely speculative vehicle.
And to your point, like the idea that the three of us could just go out and be like, we're making Rogan coin and like, we bought- We could make a shitload of money on that, by the way.
We like hired Kim Kardashian to sell you Rogan coin and if we can like pump it up and do the confidence game enough, then we can run away with real cash and leave all these people holding the bag.
When I look at that, I'm like, I think this went astray.
saagar enjeti
Yeah, it went astray, 100%.
joe rogan
No doubt.
krystal ball
I think this went wildly astray.
joe rogan
But isn't that inevitable?
saagar enjeti
Yeah.
krystal ball
I think it was.
saagar enjeti
That's what they would say.
joe rogan
With some new emerging thing, you're going to have some crazy people that rise to the top?
saagar enjeti
It's like what Crystal was saying with the original U.S. currency.
You know, we didn't have centralized greenbacks in the United States until the Civil War.
And that was because the government literally wanted to be able to print money and buy weapons and goods with it without having to pay gold.
Before that, we had state-issued and banknotes, which was like a total free-for-all.
In the U.S. It was actually kind of wild.
And it literally took the Civil War to be able to push back against that.
And guess what?
There was a ton of charlatans.
There were silver runs.
There were bank runs.
There was like multiple panics of like 1816 or whatever.
krystal ball
Or even leading up to the Great Depression and the stock market crash of 1929, there was a whole buildup in the 20s of people were introduced to the idea of buying stock on margin.
And they didn't really understand what it meant.
And there were all these local dealers who were getting them in on it.
And there was just tons of fraud, charlatans, people lying to you, all this stuff.
And so after 1929, there were a lot of banking reforms that basically made banking boring.
They separated all the gambling and wild speculation out from the just like basic Customer deposit, like regular bank that people go to.
And then, you know, over the years, that was eaten away and those regulations were eaten away.
And eventually you ended up sort of back to a pre-1929 situation where they were again allowed to speculate in these wild ways and there was no separation.
And so after the...
the housing crash in 2008, there was effort to reform the banking sector.
There were some things that were done through the Dodd-Frank financial reform, but they never went back to just separating out those two pieces and making it boring again, the way that it was boring and stable, the way that it was.
And so to me, I understand the response of crypto and looking at this and being like, this system is fucked.
We need to just do our own thing.
It's corrupt.
It's disgusting.
I totally get that.
But I think the only answer to it is to have better reforms of the existing system to make it safe and less corrupt and not have this wild speculation that can create these bubbles that just destroy the entire economy and people's livelihoods.
saagar enjeti
Yeah, that's great.
Well, that's what they would say.
They're like, look, the system is corrupt.
If 2008 happens and we have Dodd-Frank and the system doesn't get fixed, what are we supposed to do?
I actually get that.
I don't know.
I'm really of two minds of it.
On the one hand, I deeply sympathize with the individualism of like, look, we're going to take it into our own hands, boys.
Nobody's coming to save us.
This is all we got.
There are a lot of preppers actually who bought Bitcoin are sitting on hundreds of millions of dollars because they bought in very early.
So shout out to those guys.
On the other, look, at the end of the day, systems can change if enough people actually want to do something about it.
We've talked a lot about the stock market ban.
I think that's actually probably step one.
If we get to the point where we can just ban members of Congress from trading stocks, the institutional trust I think that we could all then have within the system, just at a baseline level, it would help a lot.
It would help a lot.
To be able to get that.
But of course, Nancy Pelosi is the speaker.
First she says, what was it?
We live in a free market economy.
We're allowed to participate.
I just wish we would participate.
joe rogan
When she said that, like, push the microphone.
Walked off the stage.
krystal ball
Your Nancy Pelosi impression is pretty good.
joe rogan
That was wild.
When she just walked off the stage, like, that is wild.
saagar enjeti
I mean, she's not the only one, though.
I mean, it's a completely bipartisan issue.
unidentified
Oh, yeah.
saagar enjeti
And a lot of these guys...
And, you know, they'll claim, like, look, I don't have any inside information.
I'm like, look, motherfucker, you're guilty.
Like, you've got to prove that you're innocent.
krystal ball
Honestly, I mean, whether...
Listen, they do.
And, like, obviously, these are not geniuses.
And they're all, like, beating the market and beating people who are expert at this and whatever.
joe rogan
George Soros and Warren Buffett are not as good as Paul Pelosi.
unidentified
Yeah.
saagar enjeti
Oh, wow.
joe rogan
He's better.
He's better at trading.
krystal ball
He's just an amazing trader.
saagar enjeti
You see the Google trade just the other day, right before the antitrust suit was filed, it sold like $3 million.
And once again, you're just never going to convince me that you didn't know about that.
unidentified
He knew, they knew, she knew, they knew.
krystal ball
Let's theoretically say, all right, we believe it, like they didn't use their inside information.
It almost doesn't matter.
saagar enjeti
Yeah, it doesn't.
krystal ball
Because ultimately the bottom line is people fucking think that you used your information and, you know, are benefiting from it.
And by the way, when you look overall, like you could look at any individual trade and be like, oh, maybe, maybe not, who knows?
But when you look at the numbers overall and you're like, all you motherfuckers are beating the market, no fucking way.
joe rogan
How is it possible?
saagar enjeti
Unusual wins.
joe rogan
And if you look at the actual speculation, the actual sales and trades, you know, they...
They fucking know.
They know something.
saagar enjeti
And they're not doing anything about it.
Unusual Whales, shout out to him.
He's really one of the guys who sparked this whole movement.
joe rogan
Who is Unusual Whales?
saagar enjeti
He's like an anonymous Twitter account, and he's one of the first people who actually published.
krystal ball
Independent journalist type.
saagar enjeti
He published the first trading.
This was like 2021. Maybe 2020, actually.
We're some of the first people who actually...
Picked it up originally about the congressional trading numbers.
We went through the exact Senate.
He loops it all together as an institution and the way that it was able to beat the market consistently year after year after year.
And this is all publicly available.
Shout out to him.
He's a great dude.
krystal ball
Yeah, definitely give him a follow.
He's really...
saagar enjeti
He does really good work.
And it's a lot.
You can actually see it all right there.
The full trading report on politicians in 2022. And again, totally bipartisan.
Debbie Wasserman Schultz, Patrick Fallin, Susie Lee, David Joyce, Gary Peters.
Look at the blue and the red there, all within the graph.
And you can even see, like, look, it's everybody.
Like, from all across the board, people who are supposedly against the system, people who are totally within the system.
And that's what makes it so disgusting.
We have got to ban this.
joe rogan
19.8%?
What does that mean?
saagar enjeti
Well, she was down to 0.8%.
And that's the other thing with Paul Pelosi.
The guy is extraordinarily leveraged.
He's always trading options.
He's not even just buying and selling individual stocks.
He's making much larger bets on these things.
I mean, he's got $100 million in access to shit you and I don't have.
krystal ball
Wait, Debbie Wasserman Schultz at the top there.
saagar enjeti
Yeah, she's good.
Nice little portfolio return.
krystal ball
I don't even know who that is.
saagar enjeti
51% on year-over-year in 2022, which is crazy.
I mean, if you compare that to the S&P 500, I'd actually be curious about the 2022 S&P 500. Yeah, there you go.
So S&P 500 is down 18%.
Look at every single one of these individual members who are able to have portfolios, which are beating the total market.
It's just outrageous.
krystal ball
Pelosi's off her game, though.
Look at that.
saagar enjeti
She's actually off her game.
unidentified
It seems like they threw just because everybody was onto their shit.
krystal ball
Yeah.
unidentified
They fucking threw a little bit.
joe rogan
But look at the red and blue.
unidentified
Exactly.
krystal ball
Oh, it's bipartisan.
joe rogan
Yeah.
krystal ball
100%.
joe rogan
Completely.
And the top is red.
krystal ball
Well, and this is like a story of hope and it's very depressing because...
There was a whole grassroots movement to be bipartisan.
The Republicans were pissed off about Pelosi and Democrats were pissed off about the Republicans.
Everybody was like, all right, this is fucked up, right?
Any thinking person who cares about the country would be like, this is fucked up.
Why are we doing this?
And so then, because there's this organic movement, you see actually some people in the mainstream press start to cover it.
There was actually a reporter at Insider.
They started digging into the details of these trades and compiling reports.
That leads to that, when you're talking about Nancy Pelosi at that press conference, that leads to her actually getting asked a question about it.
And wasn't it incredibly revealing her response in that moment?
That leads to a backlash.
Kevin McCarthy sees an opportunity with Republicans about to take it.
He starts posturing like, oh, if Republicans take the House, we're going to do the stock ban.
Of course, they haven't said shit about that since then.
Pelosi actually feels some pressure like, all right, we're going to do we're going to try a thing.
And they sort of like poison pill that to make sure it doesn't happen, too.
And that's where the you know, it's a mixed bag because you're like, all right, we got it on the menu.
There was a lot of pressure.
Politicians heard it.
They had to do something.
But then both parties, again, found ways to just completely, you know, let the issue slide and not actually have to change anything.
saagar enjeti
That is an independent media story, though, because that's one of those where that guy published it.
We started talking.
This is not just us.
This is a lot of people.
Dave Portnoy.
There's a lot of other people out there who've talked about it.
A lot of independent media.
People like you have also brought it up.
That kind of put it in the cultural pop culture conversation.
You got TikTokers out there doing Pelosi trades like they have huge accounts.
Where Gen Z and millennials are totally bought into how corrupt the system is, that floats upward with the outrage.
Insider picks it up.
And President Biden actually originally had a line in the State of the Union just last year where he was going to endorse a congressional stock rating ban.
The line was pulled at the very last minute.
krystal ball
Of all the things...
You know, you listen to those state of the...
It's like a laundry list of checking the box on every fucking thing.
saagar enjeti
25 checkboxes.
krystal ball
And that's the line.
That's the line that gets pulled.
Amazing, right?
saagar enjeti
At whose request?
That's a great question.
I would love for somebody in the press to dig into that.
krystal ball
And, you know, Biden, to his credit, when he was a senator, he actually had a personal rule for himself.
He did not engage in this.
He did not buy and sell stock.
So he would actually have a place of moral authority to say, like...
Let's not do this anymore.
But somebody got to him.
unidentified
Wow.
Mm-hmm.
Yeah.
saagar enjeti
That's a real corruption story.
unidentified
Dirty pistons.
Yeah.
krystal ball
Well, and again, like, Republicans, you know, all these people, like, the Republican holdouts or Kevin McCarthy, the apostatingly populist or whatever, this was not one of the demands that they made of, like, let's get stuck.
saagar enjeti
They should have made that demand.
krystal ball
They should have made it, but, you know, there's a reason why they didn't.
And, like I said...
joe rogan
It needs to be more public outreach.
saagar enjeti
Well, we're talking about it right now.
Maybe it'll help.
unidentified
There you go.
saagar enjeti
Honestly, there's a lot of Republican lawmakers who are obsessed with the JRE. Maybe they'll listen to this.
krystal ball
There you go.
Make your pitch.
I mean, and like I said, McCarthy, he brought it up at a moment when he thought it would serve him politically, but then the moment he actually got the gavel and took power, nothing.
saagar enjeti
That's the key to getting what you want in politics, though.
That's, you know, look, these people, they're never going to do anything because it's the right thing.
You've got to force him to do it so that it's politically advantageous.
And look, there's actually a lot of room for some politician out there.
Originally, I think it was John Ossoff, the senator from Georgia.
He's a young guy.
He's like 30-something.
He's like maybe 37, relatively young.
I guarantee you, he's pretty online from what I can tell.
He was the one who caught this.
He goes, oh, I'll just introduce a bill to ban this.
He got a ton of good press for being the first senator to actually propose a ban.
So we need to make it and create a system where right now it's politically advantageous to sell out To K Street, which is the lobbyists, that's where they all sell out to big business, Wall Street, military, industrial complex, any of these people.
I think what I would love to do, and one of the aims of the show was creating and rise with independent media and working with everybody is to create an alternate system where you get rewarded for.
We had a big conversation about Ukraine.
Just let one politician say it.
Right now we've had like maybe two who have ever raised any questions.
Rand Paul was one of the old people.
He goes, I'm not going to even vote against the aid for Ukraine.
Let's just have an auditor to make sure that it's all being spent right.
krystal ball
Like an inspector general.
saagar enjeti
Nothing.
They don't even vote for that.
krystal ball
Yeah.
saagar enjeti
And by the way, like what did we just talk about?
Zelensky just fired like half of his cabinet for corruption allegations.
Who do you think is paying the cabinet?
Who's paying all the bills?
We're literally balancing their budget.
The United States Congress is.
Their economy is completely propped up by the United States.
joe rogan
And it might lead us to World War III. It's possible.
saagar enjeti
It's certainly possible.
joe rogan
But when we were talking about Ukraine, one of the things that I wanted to bring up that I didn't is, is there a solution?
If we're not going to donate tanks and missiles and jets, what is the rational solution?
Is there a way to mitigate the loss of life?
Is there a way to negotiate a way out of this?
Is there a way, on paper, other than Russia saying, you win, what is the way?
saagar enjeti
Well, the way would be, look, these are the conditions, Ukraine, at which we are going to support you.
After that, we are not going to provide you offensive aid because we believe that we should have a diplomatic solution.
You could convene.
I mean, look, there's been no real effort between President Biden and Vladimir Putin to actually even sit down.
Right now, there's all these EU G7 leaders that are actually inside of Ukraine.
None of them are asking any questions about diplomacy.
It's very, really what it is, is this is a grand European NATO problem.
So we all need to sit down together and hash it.
And look, if the Russians pull out of them, that then okay, like game on.
Like you're the ones who are pulling out.
You're the ones who are saying that we're not going to have any engagement on this whatsoever.
But we haven't even tried that.
It was in the very beginning of the war.
We actually, there were some negotiations that were happening.
krystal ball
Yeah.
I'm not going to pretend this would be easy.
Like, oh, put me in there.
That's the shit that Trump is truthing now.
He's like, we'll get a deal on Davo.
Very easy to do.
You're ridiculous.
It's not easy to do.
It's a complex situation.
It'd be incredibly difficult.
There may be no opening for diplomacy, especially right now.
But Sagar is right to point to the fact that early on in this conflict, there actually were meetings happening between Russian officials and Ukrainian representatives.
There were talks that were happening.
And reportedly, they were kind of working out an outline.
There were still very difficult sticking points, you know, based on the reporting that's available.
And Boris Johnson, who was at that point Prime Minister of the UK, and of course they have been our closest ally in all of this, was dispatched to go to Kiev and give the message to Zelensky.
This was reported actually in Ukrainian press.
We do not want you to make a deal.
That was our posture.
We do not want diplomacy.
We do not want negotiations.
So the thing that I object to is the idea that is sold by Biden and others of like, oh, it's just it's just up to Ukraine.
That's bullshit.
They are where they are 100 percent because of us.
This is an incredibly dangerous situation because of the proxy nature of it, because Russia certainly sees themselves and they accurately should as being in a proxy war versus us.
And so the idea that we have no say and no influence over whether or not there are negotiations is completely bunk.
And so, you know, that's the piece where my other concern is that we're sort of building up to another Afghanistan situation where, you know, we went in with one goal, like, okay, we're going to get the bad guys, we're going to get Osama.
And then when we failed at that, we end up with this 20-year occupation and total disaster at the end of it.
And no one can really say how or why we were there for so long.
Like, how do we get to some sort of exit ramp in Ukraine?
And here the stakes are so much higher because, as you point out, it's like nuclear war and World War III on the line.
And even if that's like a tiny chance, we should care a lot about that tiny chance.
joe rogan
Did you see Jimmy Dore on Tucker Carlson?
saagar enjeti
Yes.
What was he talking about?
China?
I think that's what it was.
I saw a clip that was floating around.
unidentified
I didn't see it.
joe rogan
See if you can play it.
It was the other day.
But he was talking about the industrial military complex.
Yes.
And the influence that they have on what we're doing in the world.
And this idea that we're some sort of...
Have you found it?
I don't want to paraphrase it.
But he went on this very, very powerful anti-war rant.
Let's play this from the beginning.
unidentified
Should I use a different source first?
joe rogan
I don't know what this channel is.
saagar enjeti
Jamie, I'm pretty sure it's on his Twitter.
I thought I saw, on Jimmy's Twitter, I thought I saw a clip that was floating around there.
joe rogan
On Jimmy Dore's Twitter?
Yeah.
What was that one?
The one I had?
Something about China?
saagar enjeti
That was the clip I knew that he was on Tucker.
I knew he was there to talk about China.
I'm not sure.
joe rogan
There it is.
Let's play that.
jimmy dore
We're the ones provoking this war.
Just like we provoked the war in Ukraine, we are now provoking a war with China.
And who benefits?
I'll tell you right now.
Your enemy is not China.
Your enemy is not Russia.
Your enemy is the military-industrial complex which has been fleecing this country to the tunes of hundreds of billions and trillions of dollars.
How many times are we going to have a defense secretary say, hey, we can't account for two trillion dollars in the Pentagon again?
Which has happened twice now in my lifetime.
So, again, people are being...
The war machine cannot be stopped.
Who's running this country?
The war machine.
It certainly isn't Joe Biden making these decisions.
I would like to know who is making these decisions.
And I just want to remind everybody, the United States is the world's terrorist.
We just set the Middle East on fire in the last 20 years, and now we're doing a proxy war in Ukraine, which we provoked, NATO provoked, and was just admitted that we provoked it by the former Prime Minister of Germany, and now we're trying to sable-rattle with China, and they're predicting a war.
Again, China's not going to invade us.
China's not our enemy.
We might have an economic war.
That's what these are.
These are economic wars.
These are wars for in Ukraine.
It's about liquefied natural gas and making sure Germany and Russia never come together because we fear Russia's natural resources and manpower, and we fear them getting together with Germany with their technology and their capital.
And so that's why we blew up the Nord Stream pipeline.
That's why we're doing the Ukraine war.
This is all about hegemony, imperialism, and economics.
And if there's a Marine somewhere, it's there because they're about to steal some natural resources from another country.
As everybody's screaming about what a bad guy Putin is for invading Ukraine, the United States is currently occupying a third of Syria.
And which third is that?
It's the third that has the oil.
And how do I know we're there to steal their oil?
Because the President of the United States said so.
tucker carlson
We're not even benefiting economically.
jimmy dore
That's, I mean, of course, that's the rub.
tucker carlson
Jimmy Dore, appreciate it.
jimmy dore
Thank you.
saagar enjeti
Nord Stream, man.
I forgot about that one.
krystal ball
Yeah.
saagar enjeti
You remember how immediately people were like, oh, it was Russia, all of that.
And then an independent panel actually just came out, I want to say a month ago.
And they're like, no, we don't think it was Russia.
krystal ball
Yeah.
saagar enjeti
I was like, well, who was it?
krystal ball
They're like, we may never know.
jimmy dore
Yeah.
krystal ball
Like, oh, really?
saagar enjeti
It was really only a few people who could have done it.
We'll never know.
krystal ball
Who killed Epstein?
joe rogan
We may never know.
krystal ball
We may never know.
I mean, the bottom line is, we've talked a lot about incentives.
What's the incentive for the people who make bombs?
They're trying to make money.
And they're very influential.
They donate a lot of money in Washington.
They go, you know, revolving door, not just from, like, Government officials, but also they go on CNN and MSNBC and whatever, and it's never disclosed like, oh, and by the way, this person is like on the board of Raytheon and happens to have a vested financial interest in what we ultimately do here.
So, listen, it's...
It's at the core.
The profit motive is at the core of a lot of what happens in this country.
joe rogan
It's Eisenhower's speech when he was leaving office.
krystal ball
That's it.
saagar enjeti
That's interesting.
You know, something crazy is that even the Navy secretary, we just covered this, he came out and was like, in a few months, we may have to choose between arming ourselves and arming Ukraine.
And then the Biden administration made him come up and, quote, clear up that comment.
He's like, oh, I didn't mean it that way.
It was just, well, no, he actually did mean it that way, because it turns out that we've been sending so many munitions and stuff that we have over to Ukraine.
Yeah, there you go.
If the defense industry can't boost production, arming both Ukraine and the U.S. will become challenging.
He literally came out and said that we may have to choose if these weapons makers don't get their act together, because actually, and this is the other thing where, you know, military industrial complex.
One of the things that we forget is they're not actually particularly good at what they do.
If we look at the F-35 program, it was a colossal disaster.
It was over a trillion dollars.
It cost way too much money.
The U.S., I want to say it was the Zumwalt class, a new...
Navy people are going to freak out at me, but it's either a destroyer or something.
It's supposed to be a new generation ship.
We were going to build dozens of them.
We only ended up building three.
They cost a shitload of money.
The gun costs a million dollars a round in order to fire it.
So we're not able to even produce what we need.
This is a big fight during the Iraq War, too, where guys in the Pentagon would rather fund boondoggle programs than stuff that was actually protecting the lives of our soldiers, like MRAPs.
Like, they didn't want to fund some of the stuff that was actually protecting American soldiers on the ground in Afghanistan.
The A-10 Warthog is another good example.
Cheap Plane, which actually has ability to assist people in a tactical situation because they're more interested in their, you know, ridiculous flying shit.
And Jimmy also points to the correct thing, which is the Pentagon did just fail its fucking audit.
You know, we don't really talk about that.
They fail it every year.
krystal ball
They fail it every year.
It's a congressionally mandated audit.
Every other government agency is able to get through their audit.
And the Pentagon, there you go, fails its audit for the 5th century.
saagar enjeti
There's no consequences to this either.
They're getting more money than ever.
What are you spending it on?
krystal ball
It's not even close.
It's not like they're off by a few pennies.
It's by like a few trillions or something.
It's like, yeah, and everyone's just like, yeah, this is fine.
joe rogan
Where do you think that money's gone?
saagar enjeti
That's a great question.
krystal ball
There you go.
joe rogan
Where does it go?
krystal ball
Representing $7 trillion in assets.
saagar enjeti
That's what we spent on the war on terror, just so people know.
The entire GWAT was $7 trillion, and that's what's missing.
krystal ball
I'm actually reading the sentence wrong.
The $7 trillion is the part they were able to give a clean bill of financial aid.
That was only 39%.
It was actually much more than $7 trillion.
joe rogan
Oh, my God.
saagar enjeti
So if 40% is $7 trillion, then we'll double it.
krystal ball
That's quite a system we have here.
saagar enjeti
We're talking about almost $9 trillion.
That's more than we spend on the entire GWAT. Our entire economy is $15 trillion.
I want people to let that sink in here.
krystal ball
But we can't have healthcare.
That'd be too much.
It costs too much.
Can't do it.
joe rogan
No universal basic income.
krystal ball
We can't afford it.
Yeah, we can't afford that.
joe rogan
Where's that money going, though?
saagar enjeti
Who knows?
I read once that they have one of the largest HR systems in the entire world.
I was like, on what?
What are they spending that on?
A lot of it—look, I have no idea.
That's the point.
Even with terms of Ukraine, there was a great—this is a great media episode.
CBS News did a whole documentary about how many of the weapons that we were sending to Ukraine were not making it to the front line, which is bullshit, right?
Because if we're going to take all these weapons, I would at least hope a Ukrainian soldier is using it to protect— His own life.
Literally, the day after that documentary went live, he had to delete it.
CBS News retracted it and said, no, actually, the situation has changed.
It's not true.
That report was out of context.
We're going to reissue it.
krystal ball
It was out of date.
They said it was out of date.
saagar enjeti
And they were talking about the vast majority of the arms we were sending to Ukraine weren't getting there.
Also, we have no audit.
We have no way to independently verify that anything that we send to Ukraine is actually being used by Ukraine in the way that we want it to.
joe rogan
How much money have we sent over there?
saagar enjeti
In terms of how much we've actually spent...
krystal ball
Military aid or overall?
saagar enjeti
If you want to look it up, Jamie, it's called like Der Kegel or something like that.
There's a tracker that does country by country and breaks it by economic, financial, and military.
I believe we have sent approximately between $25 and $30 billion.
We have an extra $70 billion appropriated to Ukraine.
Here's another crazy thing, because we actually read these laws because we talk about our show.
So it doesn't just work like...
The President of the United States shall have X amount of money to send tanks to Ukraine.
No.
It's a slush fund.
Biden has a $70 billion slush fund, completely to the discretion of the President of the United States.
He could wake up tomorrow if he wanted to and ship any weapons system in possession of the United States over to Ukraine.
We have no congressional authority.
It has already been appropriated.
We have no way as a population to push back against that.
Congress abdicated its responsibility in this case.
krystal ball
Or he could not wake up tomorrow and then it all be in the hands of fucking Kamala Harris.
saagar enjeti
That's the only thing that scares me more.
Can you imagine that lady with her finger on the button?
We're fucked.
His 80-year-old heart is the only thing keeping us alive right now.
krystal ball
I mean, at least Biden stood up to the generals when it came to Afghanistan.
At least he had that in him, Kamala Harris.
Scary.
Scary shit.
saagar enjeti
You know she would start a war with Russia.
joe rogan
Do you think so?
saagar enjeti
She'd bumble us into one.
I think so.
In terms of her competence, she cares about MSNBC. She cares about groupthink.
She cares about the elites really loving her.
Biden, to his credit, on some areas of foreign policy.
krystal ball
It's very easy to be manipulated by these people because you see what happened when Biden pulled out of Afghanistan.
And I acknowledge it was a mess.
It was a disaster.
It was ugly.
It was not good.
All of that.
But you see the way that they came out in force because they hated this decision.
They wanted us to continue to be there forever because this was like the endless gravy train for them.
And so, you know, that was the most effective, most potent criticism against.
It was uniform across the board with the media.
And so that they did the same sort of stuff to the leak against you.
They'll really damage your approval rating.
They're really tied in with the media in terms of like, you know, they're leaking to their sources and they will go on and make their own case, et cetera, with no disclosure that they have financial incentives involved.
It's very, very easy to be manipulated by the people who want to be in a place forever or want to start a war or whatever it is.
unidentified
Absolutely.
krystal ball
Yeah.
I mean, I think Trump was subject to the same forces.
Obama was subject to the same force.
And I think part of why Biden in this limited instance was able to buck that trend is maybe perhaps just because he's been around for so fucking long.
saagar enjeti
Obama got totally rolled by the generals.
Great book, Bob Woodward, Obama's Wars, about the very first year of the Obama presidency.
He promised to run on the good war, Afghanistan, but he's not necessarily wedded to a surge.
The Obama's Wars book just details how Biden was the only guy in there being like, Mr. President, what the fuck are we doing in Afghanistan?
He's like, why should we send 40,000, whatever, more troops?
What are we going to do?
What's our endgame?
Let's just have a counterterrorism mission.
And David Petraeus, Mike Mullen, and all the other generals in the Obama White House were leaking against President Obama and actually actively undercutting him to the New York Times and to the press to create a Obama is soft on terrorism narrative, specifically so they could do a surge in Afghanistan under Stanley McChrystal.
And look, it's complicated.
But if we look back on that, Did it really buy us anything in the long war of history with Afghanistan?
I know personally people who were blown up during the surge in Afghanistan, and I also know how much it hurts them emotionally to watch ground that they fought and lost their brothers for, lost limbs for, get retaken by the Taliban several years earlier.
It's just like we're talking about with Ukraine.
What is the endgame?
And the endgame is not something that Washington really likes to talk about.
And even if you're looking at the pullout situation on Afghanistan, it's like, well, why should we stay in Afghanistan?
If you're listening to the media, it was like, because so Afghan girls can go to school.
And look, I feel very bad for Afghan girls.
I do not wish a situation where they are unable to go to school.
Does that mean that we should have people there in perpetuity and spend $200 million per day and have Several American soldiers get blown up by an IED. I'm sorry, I don't think so.
I think there's a lot of bad shit that's happening all across the world.
But they're never going to frame it that way.
And that's why, man, the media on this, on war in particular, they offer no nuance.
Afghanistan was a real red pill moment for Crystal and I. And look, I'm not defending it.
I'm not saying it wasn't a shit show.
What's the alternative?
They were like, oh, we should have surrounded the city of Kabul.
I'm like, so you want to send thousands of American soldiers to create a perimeter around the city of Kabul?
That suicide bomb that happened in the airport, it would have been that times 100. In terms of we were occupying and surrounding an entire city, there are valid criticisms of we should have held on to Bagram, we shouldn't have abandoned the military base or whatever.
And that's a tactical consideration.
I'll leave that to the people whose job it is.
But on a broader strategic level, why should we have stayed in Afghanistan?
And I haven't heard a particularly good answer to that.
krystal ball
You know how much they actually cared about the women and girls by the fact that now that those women and girls are starving in a mass famine, they don't give a shit.
They don't cover it.
They don't cover the fact that we're partly connected to it because of the fact that we are continuing to hold their central bank reserves.
Now we're over that.
We've moved on.
Now we're focused on humanitarian stories elsewhere.
So it's just very selective and it's weaponized humanitarianism because Americans are good people.
Like people don't want to see someone suffering.
And so they'll use the legitimate humanitarian concerns to try to achieve their aims.
And then once those aims are accomplished or not accomplished, they don't give a shit.
unidentified
Yeah.
joe rogan
This is not a rosy picture you two are painting.
saagar enjeti
Well, it can be.
We went from the stock ban, which I thought was a rosy one.
joe rogan
I wanted to talk to you about something that I remember you discussing that I wanted to get clarity on.
What was that story that you discussed where there was a company that was working with China, and China had bought a large stake in the company.
It was about chips and AI. Yes.
saagar enjeti
Okay.
I forget the exact name of the company, Jamie, but it's basically called the heist of the century.
If you Google like heist of the century, China, semiconductors, I think it was called AML. It was a British semiconductor company.
Any American or Western business is required to do business in China has to have a Chinese subsidiary.
So essentially what happened is the Chinese subsidiary, I believe of AML, was stealing the technology from within it.
And after they were reprimanded for something like this, the CEO of the Chinese subsidiary just said, nope, I'm taking it.
He stole all of their IP, created an independent business backed by the Chinese government, and is now spinning up, based on their IP, semiconductors that were originally intellectual property of this British semiconductor company.
And the reason that this matters is that is just the tip of the iceberg for IP theft that is happening with respect to China.
It's one of the reasons why if you look at Chinese or American businessmen who do business over there, they fully and readily admit the amount of IP that has just been straight up stolen through their fake legal process of this Chinese subsidiary.
But really, it's just a farming operation.
There's no such thing as private industry in China.
You know, I talked about with TikTok.
All the time, the CEO, Zhang Ximing, he actually was forced to pull one of ByteDance's apps from the Chinese app store and apologize because it was not supporting, quote, socialist principles.
He was like, I apologize.
This is the CEO of TikTok today, the owner of TikTok.
Everything there is totally controlled by the government.
They're very savvy and they're very smart.
And at this point, they've actually even reached a point where in some cases, they don't even need our IP. In some areas, they are far more superior and advanced than we are.
One of the ones that scares the shit out of me is electric vehicle batteries, so the entire EV battery supply chain.
It's connected to China in some way.
You've talked about the cobalt and all that.
And one of the things that Siddharth brought up on your show was that it's the Chinese companies that are working with these Congolese gangs.
Chinese don't give a shit about labor.
I mean, it's not like we give a shit either, so to be fair.
But anyway, they're willing to come in and be like, Look, we want the cobalt.
Give it to us.
This is actually part of the reason why Elon is in a precarious position.
A huge part of the Tesla EV battery supply chain is in China.
Even here in the United States, a lot of the new EV battery plants that are being built, it's a Chinese subsidiary and a conglomerate that is behind that.
And look, what did we come through with the whole pandemic?
If you're going to have critical supplies being manufactured and connected to China in some way, they're always going to put their interest, as any country should, above your own.
You need to have some sort of resilience.
Taiwan is another example.
TSMC, Taiwan Semiconductor Manufacturer, they are building a plant here in Arizona.
They're building, I think it's a $100 billion plant, which is great.
I'm glad that they are, but it takes a decade to spin those things up.
They create 92% of the world's most Advanced chips.
If we have a conflict in Taiwan, I always talk about this on the show, we are all turning this shit into the government so that they can create missiles and bombs.
Like, they will literally need to rip the semiconductors and chips out of our cell phones, out of our computers, because we're not going to have anything.
92% of the world's most advanced chips.
Everything goes dark.
Everything is turned over into some sort of ration thing.
Chips is the new gold.
It is one of the most precarious as an industry for the United States that we remain in.
The Chips Act was a great step in the right direction that the Biden administration passed, but tip of the iceberg, man.
That's a whole other level.
krystal ball
I mean, that is the, like, if we're looking for a more positive story, less, like, gloom and doom.
The Biden administration has, like, dipped their toe in the water of industrial policy, recognizing that, I mean, the best response to China, the problem for us is being so interdependent, where, you know, The pandemic, you come to realize, like, oh, fuck, they make all the masks.
Vitamins, drugs.
And then the other piece is we realized with these sprawling just-in-time supply chains that they were incredibly fragile, right?
That if you have a disruption, your whole economy is, like, going to go to shit.
You're going to have inflation.
You're going to have all these backups at the ports and all this stuff.
They have dipped their toe in the water of having industrial policy that makes us more resilient, less reliant on these other countries, including the Inflation Reduction Act had a lot in it for bringing that green energy production and EV battery production to our shores and has requirements about where those batteries are built and where the sourcing comes from.
But it really is just starting to dip your toe in those waters, ultimately.
saagar enjeti
We're more than a decade out.
It's still so difficult.
I mean, the sourcing on the EVs is such a nightmare.
And if you're trying to get, you know, Conflict Creek cobalt or lithium, right now there's a huge battle right now in South America, in Mexico, in Chile and elsewhere where Chinese companies are trying to buy all of the lithium deposits, which of course you need for a lithium operation.
Ion battery.
And if we also, I mean, look, this shit takes a long time.
I think that's the one thing I want people to, you don't just snap your fingers and build a semiconductor fab.
You need water.
If a single human hair gets into the TSMC facility, the whole thing shuts down.
This is the most sophisticated manufacturing basically in the entire world, and we're trying to rebuild it overnight.
It's very, very, very difficult.
And then even if you think about from an infrastructure point of view, so we have an explosion right now in electric vehicles.
I think that's great.
I think EVs are really cool.
They're really fun to drive.
But if you don't have a Tesla, if you're driving long range, where are you going to charge it?
It's not like we have a ton of EV battery stations.
krystal ball
We need the infrastructure.
saagar enjeti
We don't have the same gas station infrastructure that we all have.
We're decades behind on that.
So anyway, I would love for the US government to intelligently invest in it.
And a lot of this is ideological.
So another thing with the inflation reduction has a bullshit name.
You supposedly just called it like a clean energy bill, which probably would have pulled better than a fake inflation reduction.
Whatever.
krystal ball
That was Joe Manchin's innovation.
saagar enjeti
One of the important things is ideology, right?
Which is not ideologically investing in technology because we want it to work, but because it actually works.
Nuclear is a huge part of this conversation.
We talked a ton about it on our show.
For a long time, we had tax credits.
Clean energy tax credits were only applicable to wind and solar.
Wind and solar are fine.
I think they have a lot of problems.
Solar in particular is very filthy in order to manufacture.
A lot of it is manufactured in China, and we actually rely on China to build.
krystal ball
You also need the batteries for it to be sustainable for when the wind is not blowing and the sun is not shining.
unidentified
Yes.
saagar enjeti
It's complicated, whereas nuclear has like a 93% rate at which it's always being able to run.
It's actually even more powerful than natural gas, very reliable.
Unfortunately, we haven't built a new nuclear power plant in the United States since 1974, which is insane, right?
And luckily, California decided not to totally lose its mind and close the Diablo nuclear power plant.
Here in Texas, I think only 13% or whatever of our power comes from nuclear.
We get more power from coal, I believe, here in Texas than we do from nuclear in the year 2023. It doesn't make any sense.
The point is, is that even if we wanted to, though, and this is the fair criticism.
It takes a long time, but with all of these things, no time like the present.
We've got to start now.
The current system is not working.
Texas, a lot of the power just went out here in Austin.
One of the reasons why, from what I've been able to read so far, it's actually not the grid, it's because power lines are constructed above ground.
And people are like, okay, well, why do we do that?
It's cheap.
It's a lot more expensive to have to bury these things underground, so it's a trade-off.
Yeah.
Even if we look at the previous grid failure here in Texas, it was failure to weatherize the natural gas grid.
So a lot of this stuff is preemptive investment to make sure that old people don't die in the middle of a freeze or, you know, that horrible situation like in Buffalo, right, where people were losing power and freezing to death in their cars and stuff.
It's like that is why we need to have more forward thinking as a country and actually get some agreement about these things.
And frankly, we're going to have to throw a shitload of money at it.
Like it costs a lot of money.
But the idea that people say, oh, but that's like government subsidy.
Listen, we subsidize the shit out of the oil industry.
You really think we don't subsidize oil?
Of course we do.
It's critical energy infrastructure.
There's so much regulation around it.
You can't even get a new nuclear power plant approved if you were to apply to, I think it's the FERC, it's like the Federal Nuclear Regulatory Commission.
So we need reform on all these things just to make life better in America.
And unfortunately, a lot of it is just corrupted so that it's not really possible.
And a lot of it is ideological, too.
We have to be honest about that.
krystal ball
We have a lot of short-term thinking, a lot of profit It's crazy because all the things that we discussed Healthcare,
joe rogan
energy, all the issues that we have, and that's where it gets really crazy when you look at the money that we're putting into other things like Ukraine.
If we had the resources to do what we're doing right now currently, that means we had the resources to attack all these problems domestically.
krystal ball
Yeah, that's right.
saagar enjeti
We just don't have consensus around it.
With Ukraine, they snap their fingers basically 99% of what they want.
Nobody in Congress has the balls to actually vote against it.
I believe it was a unanimous vote, I think, or semi-unanimous, or whatever.
joe rogan
Here's the question about that.
Why are the Republicans opposed to sending more arms to Ukraine?
saagar enjeti
Why aren't they more opposed?
joe rogan
Why are they opposed?
Because some Republicans are.
unidentified
Some are.
saagar enjeti
Well, you can count them on one hand.
I mean, they might say it, but they all vote for it, right?
I mean, how many of them actually voted against it?
Jamie, you might be able to look it up what the actual vote count was on the extra 50 billion to Ukraine.
I'm not 100 or at least the original 50 billion.
It was almost unanimous in terms of what was sent over there.
And Look, I think a lot of them, what they're saying is a more financial perspective of what you're talking about.
They're like, hey, why should we spend $50 billion to Ukraine if we have all these problems here?
I mean, I don't necessarily agree 100% with that feeling.
Yeah, 11 senators who voted against the Ukraine aid bill.
But that means that 86 of the entire chamber did end up voting for it.
If I were to look at it, I'd be willing to bet a lot of them are fiscal Republicans.
So Josh Hawley, Mike Brown, yeah, Boozman, Crapo, Hagerty, Lee, Loomis, Marshall, Tommy Toro.
These are mostly more libertarian types, so they're going to be more concerned.
on the spending side.
But, you know, the critique that we've all talked about here on the show today, you will not hear a single word of this out in the mainstream.
I have not seen one intelligent discussion in any format of mainstream media on Ukraine raising any of the valid points that we just did because the lobby and the denunciation of, oh, you're pro-Russia, Oh, you're spouting Putin talking points and all that.
It's vicious.
And a lot of these people just succumb to that, unfortunately.
I really don't know how to get around it.
But if I can have anything take away, is what you said.
Look, if people were willing to unanimously, relatively agree to send $100 billion to Ukraine, and we have all these problems that we just talked about, that shows you what the priority is.
I always look at, what's the bipartisan consensus in Washington?
That's the only shit that actually gets done.
krystal ball
Yeah, well...
Perfect example.
So we passed during the pandemic this expanded child tax credit.
Phenomenally successful program.
Lifted like half of all kids that were in poverty out of poverty.
You know, they did research on the way that parents were spending this.
They were spending it on their kids.
They were spending it on like, you know, enrichment for their children.
It was like unanimously great policy that worked really well.
And Democrats, Republicans decided they were against it, and Democrats just let it expire without a peep.
And so again, it's like, you know, the hard thing is...
So many people's political approach is so focused on, like, whatever the cultural outrage of the moment is, that things like that don't even get surfaced, they don't get debated, they don't get discussed.
And then this program, which was one of the most successful programs we've done in a long time, just...
saagar enjeti
Oh, that reminds me.
I know you've been talking about UBI and concerns about it.
So we actually been doing a lot of deep dive into this.
And we looked at a couple of new studies.
There's a new one actually just came out that a big part of the, quote, labor shortage is actually men who were working much longer hours during the pandemic cutting back on their hours.
So it's not—and actually, Matthew Iglesias tweeted this study, if you want to see it, Jamie.
It's from the National Bureau of Economic Research.
So it's a couple of things.
It's a cutback in the amount of hours that people are willing to work.
Also, because 2020, with the initial reopening, there was more labor ability to bargain.
Many people were not willing to go back to work at the same wages.
One of the concerns around unemployment I know that you would raise and others was, oh, well, people are getting all this unemployment.
They're not going back to work.
And there were certainly some cases of that true.
But we had a interesting natural experiment where they actually ended unemployment benefits back in 2021. It had little to no change on the overall employment rate.
So even when you took away the unemployment benefits, all of the anecdotal stories of like, I can't get somebody in because they're getting unemployment, they didn't want to work.
Actually, when they stopped getting unemployment, a lot of them didn't go back to work.
And it wasn't just because they had money saved up, because we know right now we have some of the highest credit card debt in modern American history, which is never a good sign.
In fact, many bank accounts are below pre-pandemic levels.
And so there's actually just been a fundamental reset in the way, a cultural reset, in the way that a lot of people approach work.
A lot of it is women.
One of the fascinating things that happened is we had, for the first time in modern American history, we had an increase actually in the amount of babies that were born.
The pandemic baby bump.
That happened from 2020 and 2021. We've almost never had that happen before.
krystal ball
People were bored.
saagar enjeti
People were bored and they had more time and they were able to plan pregnancy, be at home, not have to worry about one week or whatever of maternity leave.
So we're living in a really interesting moment in the way that people have evaluated their relationship with work.
krystal ball
There's a real reorientation going on, especially for like white collar workers who were very wrapped up in their like, you know, whatever their work dramas were and their whole life was centered around work and climbing that ladder and whatever.
And so when they were forced to go remote and all of that was stripped away, it was like, why am I, why is this the only part of my life that I'm focusing on?
This thing that I don't even really like when I have like a family, I have a community, I have other things that are important to me.
And I don't think that that – I think that is a dramatic mindset shift that is probably not going away, like a cultural mindset shift.
And you see all these people, too, like moving to different areas, valuing different things in terms of their quality of life.
And so, yeah, as we look at the labor force participation rate, A lot of the decline was actually people not leaving their jobs, not that they didn't want to work, but just working fewer hours and being unwilling to dedicate their entire waking life to their job.
joe rogan
Well, that's probably a good thing, right?
krystal ball
I think it's a good thing.
joe rogan
The re-evaluation process is always good because there's going to be a bunch of people that just course correct.
krystal ball
Yeah.
I mean, I think it's...
Listen, the three of us, we get to do things that we really love, right?
We really...
We're passionate.
We feel like it makes a difference.
Like, we, you know, eat, sleep, drink it.
And that's rare.
That's really rare.
Most people are, you know, they're, like, punching the clock.
They're doing their thing to be able to get a check, to be able to support their families.
And so, you know, there's been this sort of, like...
I don't know ideology sold around careerism to especially like college educated white collar workers that like this is the thing that's supposed to be who you are in your whole life and I think taking a step back from that and being more intentional about like well is that actually what I want my whole life to be about and maybe there are other things that are outside of the workplace that are more meaningful to me that provide me More happiness or more joy or more fulfillment in my life.
I 100% think that that's a positive thing.
joe rogan
That's our bright note.
We should end on that.
krystal ball
There you go.
unidentified
Let's do it.
joe rogan
I love you.
I found it.
krystal ball
I think it's great.
joe rogan
Yeah, I think it's a positive direction.
saagar enjeti
Absolutely.
joe rogan
Listen, I appreciate you guys very much.
I love your show.
I'm so glad you're out there.
I'm so glad you're independent.
You're free.
saagar enjeti
Thanks to you, man.
krystal ball
So are we.
Trust me.
joe rogan
It's because of you guys, 100%.
But thank you very much.
Thanks for being here.
saagar enjeti
Thank you, Joe.
joe rogan
Tell everybody how they can consume your show.
saagar enjeti
Breakingpoints.com.
That's the best way.
You can support us.
Watch us on Breaking Points on YouTube, Breaking Points on Spotify, Apple, wherever you get your podcasts.
unidentified
All right.
joe rogan
Thank you, guys.
unidentified
Appreciate it.
Bye-bye.
Export Selection