Today Noah Smith and Erik Torenberg answer more listener questions covering the surge of support for the hard right in European elections, the impact of immigration in Europe and the US, the future of Social Security, the stability of banks, and the best and worst taxes in the US. They also dive into the negative impact of China conquering Taiwan and why it is important to stand up against China's aggression.  🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj -- Recommended Podcast: The Riff with Byrne Hobart Byrne Hobart, the writer of The Diff, is revered in Silicon Valley. You can get an hour with him each week. See for yourself how his thinking can upgrade yours. Spotify: https://open.spotify.com/show/6rANlV54GCARLgMOtpkzKt Apple: https://podcasts.apple.com/us/podcast/the-riff-with-byrne-hobart-and-erik-torenberg/id1716646486 -- SPONSORS: BABBEL | BEEHIIV 🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at babbel.com/econ102 🐝 Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. Go to https://beehiiv.com and use code "MOZ" for 20% off your first three months _ SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected] _ LINKS: Noahpinion: https://www.noahpinion.blog/ -- TIMESTAMPS: (00:00) Intro (00:25) European elections and economic concerns (05:41) Comparing immigration in the US and Europe (12:01) Immigration in Japan and Vietnam (14:01) Brain drain in small countries and economic challenges (15:59) Sponsor: Babbel and Beehiiv (18:34) Social security and population growth (22:04) Banking crisis and regulations (26:56) Taxation: Best and worst practices (32:00) Government spending and infrastructure (37:16) Future of Intel and the chip industry (40:57) Manufacturing vs. Service-based development (49:54) Japan-Korea relations and generational change (56:49) Threat of China and global alliances (01:03:06) Wrap