E87: Emerging markets, Sri Lanka, 9.1% CPI, market sentiment, NASA's Webb telescope & more

In episode 87 of the All In Podcast, Jason Calacanis, David Friedberg, and David Sacks discuss emerging markets, focusing on the crisis in Sri Lanka and drawing parallels with Singapore and Jamaica. They analyze Sri Lanka's economic struggles, attributing them to corruption, misguided policies, and the influence of global elites imposing ESG requirements. The conversation shifts to global debt markets, inflation, and potential contagion effects. The hosts then discuss the US CPI print, inflation, and potential interest rate hikes, and debate whether the markets have already priced this in. They explore the possibility of a recession and the Fed's response. Finally, they touch on investment strategies during economic uncertainty, the James Webb telescope, and animal testing ethics, before briefly discussing the Biden administration and the Ukraine war.