Piñata Economics
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This week's "Who Said It" is three words — and once you find out who said them and in what context, it reframes pretty much everything that follows.
SpaceX's IPO numbers are in and they are genuinely staggering — we're talking more money raised than Saudi Aramco, Alibaba, and Facebook combined, for a company that posted losses in Q1. We break down what that actually means, who's really benefiting, and why Elon holding 46% of the shares tells you everything about who this IPO was actually for. We also take a moment to address RFK's take on autism — and the contrast with exhibit A sitting in the Oval Office is one for the ages.
Ukraine wasted no time responding to the Kyiv monastery attack — Moscow just got hit with its largest drone strike of the entire war, and a refinery supplying nearly half the capital's fuel took a direct hit. Twice. There's also a new maritime drone that just debuted and the specs on this thing are going to make your jaw drop. We also take a moment to remember who's buried at that monastery — and why Russia bombing it is almost cosmically ironic.
The reflecting pool is still green, Fox News has found a way to spin it, and the paint is already peeling — all within weeks of a $14 million renovation. Your co-host has a new economic theory called Piñata Economics and we promise it's the most logical thing you'll hear all episode.
The Iran MOU got signed — digitally — and the response from Trump's own party ranges from deeply concerned to absolutely baffled. A classified CIA assessment adds some context that makes the whole thing even harder to celebrate. Ted Cruz has feelings. Lindsey Graham has a very convenient memory. And the week closes with a court order, a partition wall, and a president who really didn't want anyone to see his name come off a building.
One of the many Moscow oil refinery memes out there
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