1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned
Published: October 16, 2025
Duration: 50:49
(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 "...