What's up, everybody? It's Tom Bilyeu here: Want my help starting a business? Join me here inside Zero To Founder Sign up for my AI Masterclass: AI Masterclass Follow Me: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu WOI EPISODES: FOLLOW LISA: Instagram: https://www.instagram.com/lisabilyeu/ Twitter: https://twitter.com/lisabilyeu YouTube: https://www.youtube.com/womenofimpact Tik Tok: https://www.tiktok.com/@lisa_bilyeu?lang=en Tailor Brands: Check out Tailor Brands to get started with your business today: https://bit.ly/TailorBrandsSept Quince: Free shipping and 365-day returns at https://quince.com/impactpod ElevenLabs: Book your demo at https://elevenlabs.io/impactpod Cash App: Download Cash App Today: https://capl.onelink.me/vFut/v6nymgjl #CashAppPod *Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. Cash App Visa® Debit Flex Cards issued by Sutton Bank, Member FDIC, and The Bancorp Bank, N.A., pursuant to a license from Visa U.S.A. Inc. See terms and conditions for the Sutton prepaid card, Sutton debit flex card, and Bancorp debit flex card. Cash App Green features, Savings, Direct deposit, Round ups, Overdraft coverage and Discounts provided by Cash App, a Block, Inc. brand. Visit cash.app/legal/podcast for full disclosure. Surfshark: Go to https://surfshark.com/TOMB or use code TOMB at checkout to get 4 extra months of Surfshark! Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact The team digs into Argentina's Javier Milei—the self-described "anarcho-capitalist" who took office swinging a literal chainsaw as a symbol of slashing the state—and debates whether his radical austerity experiment is genuinely working or being propped up. The host walks through the reported results: inflation, once running catastrophically hot, has come down sharply; Argentina posted its first budget surplus in years after Milei gutted ministries, subsidies, and public spending; and markets initially cheered. But the picture is contested—austerity drove a painful recession, poverty and hardship spiked before any recovery, and the sustainability of the turnaround is very much in question. The conversation turns to the striking news that the US, via Treasury Secretary Scott Bessent, extended Argentina a roughly $20 billion currency swap line—an unusual intervention that raises the obvious question: if the experiment is working on its own merits, why does it need a multibillion-dollar backstop from Washington? The hosts weigh the genuine case for Milei (that a broken, chronically overspending state needed shock therapy, and that someone finally had the political will to stop the bleeding) against the skeptical read (that the numbers are cherry-picked, the human cost is being downplayed, and the whole thing may be a bubble held up by foreign capital and ideological cheerleading). It becomes a broader argument about whether you can actually cut your way to prosperity, what "working" even means when measured against real people's suffering, and why Argentina has become a global ideological test case that both the free-market right and the interventionist left are desperate to claim. The team digs into the August jobs report and the gap between a headline unemployment rate that has held steady at 4.1% and a long term unemployment picture that keeps deteriorating, with 1.93 million Americans now jobless for 27 weeks or more and long term unemployed making up 27% of everyone out of work. The argument is that the official rate hides real dysfunction by excluding people who have stopped looking, and that the on the ground experience of job seekers already matches what a recession feels like even though it isn't technically one. Ryan brings his own nine month search to the conversation, including ghost listings that companies never intend to fill and automated resume screening that rejects applicants within hours, and pushes back on the idea that this is a personal failure. The counterargument is that entry level roles are the ones AI hits hardest, that the era of training people up from scratch is ending, and that the way through is demonstrating you can already do the work rather than asking for a foot in the door. It closes on a blunt message to Gen Z about competing in a market where the competition never sleeps. The team talks about how AI will affect your bank and money. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
