WEBVTT - Single Best Idea with Tom Keene: Scott Ladner & Aaron David Miller

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio news.

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<v Speaker 2>Single best idea. After an exhausting seventy two hours to

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<v Speaker 2>the team, I really can't say enough. Just to give

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<v Speaker 2>you a little vignette into the real world. We go

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<v Speaker 2>twenty four to seven, and I mean that, I'm not kidding.

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<v Speaker 2>It's seven days a week. And what we do is

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<v Speaker 2>we aggregate the fine news data of Bloomberg News in

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<v Speaker 2>many other legitimate sources worldwide. We're constantly looking at the

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<v Speaker 2>conversation that's out there, particularly focusing on the US major

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<v Speaker 2>papers and on the European papers as well. I've just

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<v Speaker 2>started reading every day Lemonde English out of Paris and

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<v Speaker 2>the interesting take on Paris of what we see in

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<v Speaker 2>the Eastern Mediterranean. We'll get to that in a moment.

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<v Speaker 2>The real news underplayed because of all that's going on,

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<v Speaker 2>the vice presidential debate, what we see in Israel, Iran,

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<v Speaker 2>in Lebanon and and such, and frankly Ukraine. But the

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<v Speaker 2>real debate going on the decision making of Bijing where

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<v Speaker 2>they have reverse course a monetary stimulus and immediately following

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<v Speaker 2>did fiscal stimulus that was coming quote unquote down the road.

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<v Speaker 2>There's been a leap in what we see in China.

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<v Speaker 2>On that Scott Leander of Horizon Investments, should you focus on.

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<v Speaker 3>China, don't be short so you know, like like like

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<v Speaker 3>right now it is look, lose the gloom we have

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<v Speaker 3>you gotta lose the gloom a little bit. And look,

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<v Speaker 3>but I'm not sure this is this didn't really change

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<v Speaker 3>our longer term view or even medium term view of

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<v Speaker 3>kind of China's prospects. I mean, that's a lot of challenges.

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<v Speaker 3>They're in a balancee recession, get terrible demographics, all the

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<v Speaker 3>things we all know about China. There's a reason to

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<v Speaker 3>embarrassed on them longer term. But nobody's and nobody's invested

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<v Speaker 3>over there. Everybody short over there, and and and you know,

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<v Speaker 3>and these these policies seem like they might have some

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<v Speaker 3>teeth to it. So it's, you know, it's one of

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<v Speaker 3>these where you like, you can't afford to be shorted.

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<v Speaker 3>You got to play along, and you know, I kind

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<v Speaker 3>of you know, dance, you know, dance all the music

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<v Speaker 3>is playing, so so to speak, that's probably not best

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<v Speaker 3>phrase to use right now, but right but it's it

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<v Speaker 3>is it, you know it basically play along and don't

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<v Speaker 3>don't don't get caught short.

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<v Speaker 2>Scott Lander of Horizon Investments. We had a terrific day

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<v Speaker 2>of conversation on the conflict appending war perhaps in the

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<v Speaker 2>Eastern Mediterranean. Thanks to Mark Champion of Bloomberg Opinion London

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<v Speaker 2>for his expertise. He's just exquisite on the international complexities

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<v Speaker 2>and particularly pulling the history forward. We talked to Aaron

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<v Speaker 2>David Miller. You've seen him on any other number of

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<v Speaker 2>networks at the Carnegie Endowment for International Piece. He is

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<v Speaker 2>definitive back to his days out of Tulane with George

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<v Speaker 2>Schultz and James Baker. Aaron David Miller, and late in

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<v Speaker 2>the conversation, you know, I just wanted to reach back.

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<v Speaker 2>I have the clearest memory of the day of the

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<v Speaker 2>assess nation of Itzak were being and I simply said

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<v Speaker 2>to Aaron David Miller, I said, what would Itzak Rabin

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<v Speaker 2>think of the moment?

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<v Speaker 4>Rabin would not have handled October seventh the way this

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<v Speaker 4>current Israeli government would have handled it. Raben would have responded,

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<v Speaker 4>probably as forcefully. But during the course of that conflict,

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<v Speaker 4>this man, who had a sense of strategy, understood the

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<v Speaker 4>relationship between the application of military force and achievable political endgames.

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<v Speaker 4>Rabina would have understood that Israels involved in three wars

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<v Speaker 4>of attrition, one with Hamas, one with his bow, and

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<v Speaker 4>obviously one with Iran, and I think he would have

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<v Speaker 4>begun to understand and to work with rather rather than

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<v Speaker 4>not against the United States and other regional allies. The amuradis,

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<v Speaker 4>the Babrainis, the Saudis, and trying to figure out a

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<v Speaker 4>way to create an alternative to Hamas in Gaza and

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<v Speaker 4>an alternative political reality over.

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<v Speaker 2>Time in Lebanon, Aaron David Miller, the Carnegie Carnegie Endowment

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<v Speaker 2>for International piece there on mister Rabine, and of course

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<v Speaker 2>what we see now in the Eastern Mediterranean. We're on YouTube.

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<v Speaker 2>Subscribe to Bloomberg podcast. They just wandered by with the

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<v Speaker 2>statistics for September, and I'm absolutely humbled by the growth

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<v Speaker 2>of the platform. We continue to drive it forward. In

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<v Speaker 2>two thousand and twenty five, boy, is it a change agent?

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<v Speaker 2>You see? You know, you wonder what is Major League

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<v Speaker 2>Baseball going to do with YouTube? What is the NFL

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<v Speaker 2>going to do with YouTube? And on and on and on.

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<v Speaker 2>It is a change agent. We're thrilled to be part

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<v Speaker 2>of it with Google again. Subscribe to Bloomberg Podcasts to

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<v Speaker 2>zero on YouTube podcasts, on Apple podcasts, this is the

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<v Speaker 2>single best idea.

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<v Speaker 4>Mm hmm.