In this episode of the podcast, Andrew Ross Sorkin discusses his new book, "1929," with Chamath and David, exploring the causes and characters involved in the 1929 stock market crash. The conversation covers the economic conditions leading up to the crash, including the rise of consumer credit and stock speculation, and draws parallels to contemporary issues such as AI investment, government spending, and the role of regulation. They also discuss the key figures of that era, like Charlie Mitchell and Carter Glass, and debate whether current regulations are sufficient to prevent similar financial crises, touching upon speculation, innovation, and the balance between protecting individual investors and fostering economic growth.
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