Citizenship, Financial Migrants, and the Selling Sunset Distraction

• 1:00:03American citizenship cannot just be a bunch of people who like work and make financial transactions with one another.
• 1:00:19You don't go and fight wars because the guy down the street makes a lot of money trading derivatives on Wall Street.
• 1:00:42Globalization's benefits have been unevenly distributed — wealthy people own assets and are happy moving capital around while citizens' standards of living have been lowered.
• 1:01:15Financial architecture is replacing people's cultures, histories, and idea of what a nation is.
• 1:01:35A bachelor's degree in the United States extends your life by seven years compared to not having one.
• 1:01:55Globalization has been very good for rich people in rich countries and poor people in poor countries — extraordinarily bad for poor and middle-class people in rich countries.
• 1:02:18Tim's grandfather worked at a steel mill for 40 years that went from 10,000 jobs to 1,800.
• 1:02:37Republicans claim to be the party of family values, but losing thousands of middle-class jobs destroys families.
• 1:02:57BlackRock owning homes is better because people don't want to own their own home — renting and doing gig work allows them to get high more.
• 1:03:19Friends who do DoorDash, Uber Eats, Uber and Lift, rent, and get high a lot are apparently happier than people with families.

globalizationBlack RockDonald TrumpWall Street