Episode Transcript
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Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it will have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.
Speaker 2 (00:16):
I don't do social media debates, and quite frankly, I
really don't post much on social media. People are saying
you got to put more out on X and maybe
I probably should, but it's not going to matter. The
algorithms only like you if you get into it with people,
(00:36):
which I don't have time for. I really don't, and
I do, however, do I answer emails, well thought out emails. Absolutely.
Social media to me, and I've explained this before, can
really be a sewer. It really can be a sewer.
(01:00):
I learned a lesson a long time ago when I
hosted daily talk programs. Not only did I have my
Watchdog on Wall Street show for years and years and years,
I also did daily I did drive time shows. I
had morning drive time shows, I had afternoon drive time shows.
And you take callers and I learned. I learned that
(01:23):
it makes no sense. It's a complete waste of your energy,
your time, your breath to argue with I can arguing
with idiots makes no sense because the conversation is never
going to rise above a certain level. And once you
(01:44):
recognize that, you just need to walk away because the
individual you're having that conversation with has got way too
much experience at being a say it, lack of a
better word, being an idiot. Instead, that fifty four percent,
(02:04):
fifty four percent of Americans read at the sixth grade level,
that one of those people. Of those people also take
up space on social media, and they don't have any
problem whatsoever giving you their ideas on things, and quite frankly,
(02:31):
they're not really willing to listen to really anything else.
What's the point? What's the point? So no, I will
continue to deliver as best I possibly can the facts.
I'll give you my take on it, my opinion on
various different things. Do I listen to people that disagree
(02:54):
with me? Apps frequently? Because I'd explained this before, that's
a true debate. True debate is not about trying to win.
It's about trying to come to a truth. It's one
of the things that really kind of discussed me where
we are right now as far as a national conversation
is concerned the fact that they got us at each
(03:14):
other's throats, fighting with one another. Stupid, that's what That's
what the powers that be want. That's the people in
the big club. They love all of that. You should
be able to have a conversation with somebody again, share facts,
try to come up with some sort of conclusion truth.
What we've got right now is the political discourses has basically.
(03:37):
Another best way to describe it is like those rap battles.
They were popular. Remember that. That's how EM and M
got his he's a rapper, That's how we got his start.
Where they you just get up there and you just
wrap and make fun of the person across you just
basically rip on them and make fun of them. And
you know, you watch social media, it's about oh I
own you, man, oh man, I really got you get
(04:00):
like a line in yet started a long time ago,
even with remember presidential debates, who got the best one
miners in what was the gotcha line that you knew
that they were thinking of? They couldn't even think of
it On to Fly, had somebody write it for them.
Then they went ahead and used it, which was kind
of pathetic to me. But that's basically what we come
down to, zingers. Zingers, You don't win political debates nowadays
(04:25):
in the general public based upon your ability to argue
a point and bring receipts, bring facts to an argument,
prove a point. You win based upon how clever your
zinger is. Is it worth having conversations with people like this? No? No,
banging my head against the wall watchdog on Wall street
(04:48):
dot com.