Chamath Palihapitiya Brilliantly Explains The Big Debt Catastrophe

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Chamath Palihapitiya is a Canadian-American billionaire venture capitalist, engineer, SPAC sponsor, and the founder & CEO of Social Capital. He was an early senior executive at Facebook, working at the company from 2007 to 2011, before its IPO.


Chapters:
00:00 - National Debt Disaster
03:40 - Crisis-Like Spending, U.S. Socialism
06:01 - What 80 Years Of Data Say
08:12 - The Fundamental Structural Problem
09:27 - Simple Explanation
10:18 - Housing Crisis, Healthcare Crisis
11:46 - The Good Things From Chamath's POV
13:27 - The Bigger Problem
15:59 - Do Billionaires Carry Money?


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