Kara Swisher · 45:20
Who just did their job and told the truth is chilling as far as I'm... I I couldn't be more outraged by the... By this. I'm outraged by all of them, but this is an astonishing attack on on people who just were doing their job.
Scott Galloway · 45:34
Yeah. Like, this is, again, along the lines of depravity in an autocrat's handbook where he's trying to create an incentive program where if you say nice things about me, I might give you... Call you and say, oh, by the way, I get the sense the markets are gonna go up tomorrow and you get rich. Or if you come to have lunch with me in Mar A Lago, I'll exempt your company from these tariffs. And if you do your job and say, I see no election interference, I might come after you with the full weight of the Department of Justice. I'd like to think that our justice system will vomit on this. And the only observation I would have here other than what you said, which is exactly right, and I think it's important that we keep raising these issues, is the timing of this was not accidental. He did it yesterday because he wants a misdirect from people to look away from the fact that he blinked and that he is literally fucking with the global economy like a drunk driver right now. So what do you know? Hey, folk. I mean, this is how weird it is.
Kara Swisher · 46:30
Let's pull this one out of my pocket.
Scott Galloway · 46:31
I wanna outrage
Kara Swisher · 46:33
best to read.
Scott Galloway · 46:33
Wanna outrage the Libtards and the media and get them to look over here at what is a blatant violation of the law and the autocrat such that they such that they stop staring at the fact that I am unilaterally taking the global economy down for no fucking good reason. So I I agree with you. I think it's terrible. I appreciate you bringing it up. But quite frankly, I think it is a purposeful misdirect from the fact that he's taken the global economy down.
Kara Swisher · 46:58
Absolutely. Except I think it's more systematic that this is removing clearances from this company is gonna force them to... He... He's gonna have to quit because he's hurting this company. Right? The second thing is he does... He's reversing clearances, revoking charges to law firms that don't cooperate. They can't do business, which is why they're being so acquiescent is they're losing clients. They're losing everything. If you can't... If you have federal business and you can't do federal business because you don't have security clearances or the government won't work with you, you're fucked. Like, it's... It it it is part of a bigger picture of fucking with people's economics. Right? This is this is the goal here with Chris and Miles is to fuck with their economics and to fuck with the economics people they work and affiliate with. Not a... You know, finding a lawyer is gonna be hard because they fuck with the lawyers. The media is nervous. You know? I mean
Scott Galloway · 47:46
And then illegally reward your allies.
Kara Swisher · 47:48
This is this is part of the same thing of of... Even if it's a distraction, it's also trying to kneecap everybody so they can't come after you in some fashion, whether it's the media, the the lawyers. Obviously, the justice department has lost every bit of ethical boundaries is over because of that Another oily factotem, Pam Bondi. You know, it's just... I think it is a distraction, and yet it's also part of the same plan when he does stupid stuff like this with the economy. Not just stupid, but dangerous and devastating, he he can then threaten people at the same time. It's a it's a similar thing. Anyway, alright, Scott. One more quick break. We'll be back for predictions.
[Ad break]
— Predictions segment begins —
Kara Swisher · 50:36
Okay, Scott. Let's hear a prediction. What's your prediction?
Scott Galloway · 50:39
Well, I have three, but they're all related. One, blink. This guy will blink again. The Chinese... The tariffs... You know? Okay. Ninety day pause. More uncertainty, more reduction in the multiple awarded by global investors on every company in The US because we are now... Brand America is toxic uncertainty. So this ninety day pause is ridiculous. He will... And then the 100 and... I think we're at a 125% tariff on China. He will blink again. The tariffs will come dramatically down because, quite frankly, Xi looks at Trump and says, you are not serious people. Folks, this isn't gonna happen. The tariffs are gonna come way down. Trump will blink again. Even more confident, there will be no tariffs, incremental tariffs on Apple products. Tim Cook will play Trump like a fiddle. Trump will be scared to piss off the cult of iOS, which is huge in The United States, and he will not wanna kneecap our shiniest, brightest, most handsome thoroughbred, and that is Apple. That's not gonna happen. In addition, we're gonna find out in somewhere between, you know, three years and nine months or sooner that the greatest criminal insider trading took place yesterday. There's just no way this administration who is, one, telling the DOJ to drop all cases against a mayor accused of of of conspiring with a foreign agent because he supports the administration. Two, that creates a Swiss banking account that you can put money into with no no record. Three, tells all, after getting a $250,000,000 from the crypto community, tells everyone investigating platforms in the crypto community for good reason to stop all investigations, to believe that this administration did not leak insider information or engage in massive market manipulation yesterday. We're gonna find out that April 9 was literally the biggest grift day in history.
Kara Swisher · 52:45
But will they do anything about it? Will the SEC juice? I mean, he was pretty silent, this new acting SEC.
Scott Galloway · 52:51
Nothing will happen until January 2029 if a Democrat is elected. Only if. Only if. But in this economy, in this digital age, there'll be digital records everywhere. They can just go through they can use AI to go through who was buying and selling all of these options ten minutes before. There's phone records and digital servers everywhere, and they're just, I think, gonna find dozens, if not hundreds of people who have a connection to the White House, who were given a wink and a nod and made millions of dollars engaging in mark manipulation or trading on nonmaterial... Nonpublic material information. This will go down as the biggest grift day in history, Wednesday, April 9.
Kara Swisher · 53:39
Alright. That's a good one. Those are good ones, and they're all related, and they're all really depressing in so many ways. Do you have anything happy?
Scott Galloway · 53:47
Anything? Anything? I don't know. I'm I'm excited about
Kara Swisher · 53:51
The new Mission Impossible is coming. Wanna go with me?
Scott Galloway · 53:54
You keep talking about taking me to a movie. I don't really go to many movies anymore. You got all... You love Mission Impossible. Now
Kara Swisher · 53:59
that you sent me an intimate picture of
Scott Galloway · 54:01
us, I think it's time. I did. I'm your private dancer. A dancer for money.
Kara Swisher · 54:07
I'm your private dancer. A dancer for money. I love that album. That whole album. I'm gonna... Let me just... That is a great album. Go listen to that album. I listened to it when I was in my early twenties. I love that fucking album.
Scott Galloway · 54:21
Yeah. Did you like it? Yeah.
Kara Swisher · 54:23
Remember she was... She made her way back?
Scott Galloway · 54:25
Yeah. I think... Whenever I think of that, I think of Marisa Tomei from the movie The Wrestler. I think I could've ended up with Marisa Tomei.
Kara Swisher · 54:30
She's a beauty. I love her.
Scott Galloway · 54:31
She's beautiful. She's hot. She's And she's age appropriate for me. Anyway, so
Kara Swisher · 54:36
Okay. Alright. You're married. Okay. Alright.
Scott Galloway · 54:39
Oh, her. Anyway. Anyways. Oh, wait. Wanna go to my college tour? Someone asked me to personify Duke.
Kara Swisher · 54:45
Okay.
Scott Galloway · 54:46
By the way, did I tell you in the middle... Like, you're on these tours, and in the middle of the UChicago and Duke tours, I did the same thing with my son. Totally inappropriate. Now, mentions the person giving the tour said, we want to know the real you, DMP word. And someone asked, what's the admissions rate? Okay. 4% at Duke and the University of Chicago. Which means that... So everyone is there with their two overprotective parents.
Kara Swisher · 55:10
Looking around.
Scott Galloway · 55:11
So if there's if there's 25 people or 75 people on the tour, which is the average size of the tour. One of those people, one of those kids is getting in. So I said to my son, as soon as they said 4%, I said, I said, let's leave the tour. And he said, why? And I said, let's break up with this bitch before she breaks up with us. And he looked at me, and he knew exactly what I meant. And we peaced out, and we went and checked out the stadiums and went and got food. Oh. But I'm like, it is so insane. Anyways, back to Duke. They're down to 4%. Duke will produce... Duke is the new Harvard. Duke will produce more presidents in the next fifty years than Harvard because presidents are one of two things. They're either really fucking impressive or ridiculously rich. Obama, Clinton, the former, you know, Trump, W, although I think W is actually a a decent man, they're really rich. And Duke has more really freakishly impressive and really rich people than any university right now. Alright. Duke is the new Harvard.
— Predictions segment ends —
Kara Swisher · 56:10
Okay. Alright. But you're peaced out because you broke up with that bitch.
Scott Galloway · 56:13
4%? Why do we wanna put... Why would you wanna do... That's like that's like me
Kara Swisher · 56:18
It's like the hunger game.
Scott Galloway · 56:19
Like me at a bar with hot people. It's just not gonna happen. It's just not gonna happen. I mean, have at it. If there was Common App in a bar, I'd be all over it, but, you know, not gonna happen.
Kara Swisher · 56:30
Alright. You know, I... I'm not gonna go into it because we've gotta go, but I taught at Duke for a semester.
Scott Galloway · 56:34
Of course.
Kara Swisher · 56:35
Did. It's lovely. It's it's a Journalism?
Scott Galloway · 56:37
Yes. Beautiful campus.
Kara Swisher · 56:39
Anyway, thank you, Scott. It was very thoughtful, and I... It made... Gave me a good laugh last night.
Scott Galloway · 56:43
I'm glad.
Kara Swisher · 56:43
Anyway, it was very touching. Walt never sent me a picture of him nearly naked. If you've got a question of your own that you'd like answered, send it our way. Go to nymag.com/pivot, submit a question for the show, or call 85551 Elsewhere in the Karen Scott universe, this week in professor g conversation, Scott spoke with Ian Bremmer, president and founder of The Eurasia Group, one of our favorites. Let's listen to a clip.
Guest · 57:08
Longer term, there are some winners, and China long term will also benefit because The United States will have given up so much reputational capital, and China will be able to take advantage of that, particularly in the global South, but also to a degree in Asia, the Japanese, the South Koreans, to a degree in Europe. But in the near term, China gets hit really badly. In the near term, Mexico and Canada get hit really badly. In the near term, The United States is the comparative winner, and I expect that to be reflected in the markets.
Kara Swisher · 57:41
So it's a little different than what you were saying, but in the long term.
Scott Galloway · 57:43
Yeah. And by the way, on anything geopolitics, you know, go with Ian's view. He is very bright.
Kara Swisher · 57:50
Okay. That's the show. Thanks for listening to Pivot, and be sure to like and subscribe to our YouTube channel. We'll be back next week. Scott, read us out.
Scott Galloway · 57:58
Today's show was produced by Larine Amenzuela Marcus and Taylor Griffin. Ernie Nurtado engineered this episode. Jim Mackle edited the video. Thanks also to Drew Broz, Misovario, and Dan Shalon. Nishat Kurwa is Vox Media's executive producer of audio. Make sure you subscribe to the show wherever you listen to podcasts. Thanks for listening to Pivot from New York Magazine and Vox Media. You can subscribe to the magazine at nymag.com/pod. We'll be back next week for another breakdown of all things tech and business. Kara, the market is down, 1,100 points. Toxic uncertainty. Welcome to the Trump administration.
[Ad break]
