#28. The Snake, The Strait, and The Bubble

Send us Fan MailEpisode 28 starts with a break down of Elon’s lawsuit against OpenAI and debate whether Sam Altman’s transformation from nonprofit steward to potential multi-billionaire CEO could become one of the biggest tech scandals in AI history. They discuss the odds of Elon winning, OpenAI’s IPO chances collapsing, Anthropic’s growing momentum, and whether the AI sector is quietly entering bubble territory. From there, the conversation pivots back to the Middle East: stalled peace talks, the Strait of Hormuz still functioning under threat, oil volatility, and whether Trump actually wants a long-term deal with Iran — or just a temporary stabilization before the next escalation cycle. The crew debates permanent peace odds, oil hitting $120+, troop deployments, and whether global shipping insurers will ever fully trust the Gulf again. They wrap with bets on Keir Starmer’s political survival, broader market instability, and the recurring Poly Marks theme: nobody really knows what happens next — but the markets are betting anyway.