1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned
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Episode: 1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned
Pub date: 2025-10-16
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(0:00 ) Chamath and Friedberg welcome Andrew Ross Sorkin to discuss his new book, "1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation"
(0:38 ) Why he chose this time period
(3:22 ) The setup: what led to the 1929 crash
(19:24 ) The characters: major players in the 1929 crash; what kind of bubble are we experiencing in 2025?
(26:21 ) Role of journalist vs market participant; characters of the 2025 market
(30:10 ) AI's potential 1929-like impact on unemployment
(35:16 ) Why socialism is flaring up now more than it did post-1929
(40:34 ) Does the US need a 2025 "New Deal" on cutting spending, tariff balancing act
(46:51 ) Film rights strategy
Buy Sorkin's new book:
https://www.amazon.com/1929-Inside-Greatest-History-Shattered/dp/0593296966
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Referenced in the show:
https://www.amazon.com/1929-Inside-Greatest-History-Shattered/dp/0593296966
https://archive.org/details/sim_ladies-home-journal_1929-08_46_8/page/n9/mode/2up
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