
Andrew Ross Sorkin, co-anchor of CNBC's Squawk Box and author of "1929: Inside the Greatest Crash in Wall Street History," joins the hosts to discuss parallels between the economic conditions of 1929 and today. Sorkin argues that despite superficial similarities, key regulatory differences, like the existence of the SEC and FDIC, make a repeat of 1929 unlikely. He suggests a more apt comparison might be 1999, while also exploring the role of debt, interest rates, and investor behavior in shaping market outcomes. The conversation touches on the influence of the gold standard in the 1920s, the potential impact of AI, and the dynamics of private versus public markets, with Sorkin emphasizing the importance of curiosity and listening in his approach to interviewing diverse figures.
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