Soar Financially, Released on 1/8/25 (Recorded on 1/3/25)

On this episode of the WTFinance podcast I had the pleasure of welcoming back Dave Collum. Dave is a Professor of Organic Chemistry and leading thinker on markets and the larger world around us. During our conversation we spoke about Dave’s review of 2024, the destruction of the democratic party, emergence of extremism, bureaucratic crisis, controlling complex systems, dollar wrecking ball, confiscating assets, Trump 2.0 and more. I hope you enjoy!

0:00 – Introduction
2:27 – Review of 2024
3:50 – Democrats took election for granted?
9:00 – Biden in 2016?
18:00 – Bureaucratic crisis
26:08 – Emergence of extremism
29:02 – Political accountability
29:59 – Powell recent decision making?
35:15 – Controlling complex systems
31:22 – Managers can be poor allocators of capital
40:42 – Distributions
41:56 – Big Pharma model
47:36 – Healthcare failing
49:57 – Dollar wrecking ball
53:42 – Confiscating assets
58:47 – Optimism about Trump 2.0
1:03:13 – Trump to avoid a market reckoning?
1:04:12 – One message to takeaway from our conversation?

David B. Collum is an economic commentator, chemist, Betty R. Miller Professor of Chemistry and Chemical Biology at Cornell University. He holds a PhD, Columbia University, MS, Columbia University, MA, Columbia University and BS, Cornell University.

  dave collum, economy, market crash, Trump