Part 5/7:
Thiel sees Trump's policy agenda as a necessary course correction, particularly on issues like trade and immigration. He argues that the prevailing free trade orthodoxy has created "incredible economic SKS and distortions," hollowing out the industrial heartland. Similarly, he believes unchecked immigration has fueled a "Georgist real estate catastrophe," pricing young people and the working class out of home ownership.
While Thiel stops short of endorsing mass deportation, he believes the Trump administration must fundamentally rethink the country's approach to the border and the social compact. "There are ways the incredibly open border has put an incredible stress on the social fabric in a lot of ways," he says.