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Based On A True Story... | Lemonade Stand - Ep. 69 Premium [VIDEO] (Patreon)

Published:
2026-08-14 17:00:13
Edited:
2026-09-25 22:04:18
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Recorded on: August 11th, 2026

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0:00 Intro

0:39 The EV Threat to the EU

13:10 Doug's Rant

22:30 Documenting History in Media

27:55 Getting Riled Up by Scott Bessent

36:35 Difference from Argentina

43:15 The Yen Carry Trade

44:02 2 Nordic Fun Facts?!

45:06 60,000 Moroccans Swim to Spain

1:00:19 Quick Mine Craft vs Roblox Update

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Comments

Ehaeka

Oooh another premium ep this early? Big A looking to build up his kid's college fund early I see

Zack

Appreciate the early ep. As a poor person, I just really think rich people need another tax cut. It just really grinds my gears that I dont hear you guys talking about how we get more rich people tax cuts.

Soups

More Lemonade Stand this month than Big A Clips Bonus Footage With Extra Big A Clips

Ryan VD

Doug does NOT want the smoke from the Sorkin army!

justyannicc

Reducing Vacation time, or days off, historically doesnt increase producitivty. Because this inherently assumes that rest has no value. And that somebody can be as productive with less days off.

Lobo

Releasing a premium episode already... big a wants cash real quick for his testicle transplants

gooberlicious

The whole Spain story is so fishy, heard a lot of reporting about how it was a joint intelligence effort by the US, Israel, and Morocco to destabilize Spain as punishment for their positions on Gaza and relationship with China. They could also be making a play for control over the Mediterranean by targeting these territories in the Strait of Gibraltar. Hearing about how it was "just a joke" for most sends alarm bells running thru my mind cuz that has psyop written all over it. Massive socially-engineered campaign of "how funny would it be to massively violate the sovereignty of a disobedient NATO member?" or even "come and get a new life in Spain" sounds like espionage and not an actual naturally-occurring event.

Tynan Gacy

I vividly remember in elementary school looking up the conversion rate for yen to dollars, and it was 89 yen to the dollar. I thought it was crazy that our currency was 89 times the power of the yen

Dan

As a European, I think the China stuff would be a bigger deal if the Americans weren't making a colossal fuck up of the world. At this point it's looking like a lesser of two evils to shrug and side with China...

Arne

I find Dougs rant too extreme Example: I recommend the HBO short-Series Chernobyl But I can also recommend the accompanying podcast talking about the choices the maker of the Show had to take while writing. For example one woman is portraying the scientist who is supporting the main character throughout, but in reality it was dozens of scientists as a Community working together, but that’s not so good to convey in a show having to introduce so many characters. Or the showrunner omitted the fact, that the main character actually had a wife and children. Arguing that his personal struggles at home don‘t really add to the larger picture they want to portray about the Chernobyl incident and the Soviet system handling it. Yet I was not upset thinking this suddenly makes it not being „a true story“ anymore Perhaps if Turing was able to figure this Algorithm out without having any Drama around him with his colleagues, then this sounds like a lame story not worth to be made for a cinema screen in the first place… (I only watched it in the cinema when it came out 12 years ago, would need to rewatch it to see whether it holds up )

Arne

Doug will be furious to read Norm MacDonalds book titled „Based on a True Story“

42nfl19

Ah man, it's a shame that Doug's rant is paywall. People need to know!

Arne

Shocker: The Series Fargo is actually NOT based on a true story.

FaceInCake

Oh, dude, I remember watching the Imitation Game and being like: "what the f*** did I just watch?". Cause I had already known most about the story of Allen Turing being a comp sci nerd, so that whole movie felt like an insult at a lot of parts. Glad I'm not the only one who felt that.

Makiah Stafford

Pasted from my comment the audio since this one is bigger. I agree on historical movies, but disagree about since The Odessey isn't fact it's perfectly fine to change it to fit your whims. It's as if I made a hunger games movie and made katniss an oppressed incel. I cant take a work of art change the central moral and thematic elements and then say it's still the same work of art, well I can but it's wrong. Nolands movie was phenomenal, but it wasn't the Odessey, Odysseus was a generic modern style veteran coming to terms with his actions not a Greek hero. In terms of historical movies I also agree but also the heroification of historical figures to the determent of others is common. Many of our modern day pillars of morality were nuances and had horrible moral faults in other ways. Lincoln was the leader of emancipation but was straight up racist. Mlk was a civil rights goat and cheated on his spouse our founding fathers were slave owners. When you watch a film someone has to be the main good guy even if flawed and those bad traits on the antagonist are jacked up to 11. Additionally we overemphasize groups based on current political environments. Red tails is a great example the Tuskegee airmen did not have a perfect record and were not the aces they're portrayed as. If we only condemn inaccuracies when it offends specific sensibility it's not truth were after it's our narrative. I don't mean to rant I just find this issue quite interesting as most people condemn inaccuracies when it's showing a person's negative traits as overemphasized but when it's the good ones they love it. Good podcast ep! Really liked the yen stuff, although as someone with Japanese family it is rough.

Mossatron

I'd love to see an episode where u guys play politian and try to solve one problem each. However stupid the problem is, but you gotta come up with the solution You could all wear the uniforms of the things ur trying to solve aswell

Jacob

Doug's Rant reminds me of the Big Short, while it is dramatized the movie does actually have times such as when the young investors find Ryan Gosling's character's notes in a bank lobby, it footnotes in that the event didn't actually happen and irl it was much more boring.

Brody Miller

Chernobyl is a great example of Doug’s point. I have multiple friends who think that it is not only an accurate description of the events but that people turn into zombies when dying from radiation exposure.

Festus Five

Fortnite doesnt have block guys...EXCEPT when they had lego fortnite, that was peak. I never had fun with anything fortnite until that shit, it was so randomly amazing.

Pla1n

My understanding of the Spain thing is that there is a lot of tension between Spain and Morocco because Spain has several colonies within what would otherwise be Morocco. It seemed like misinformation was spread online that if you crossed into Spain, they would let you stay, which caused 60,000 people to swim across, including those who brought their young children. Some have theorised that maybe the Moroccan government spread the misinformation as a form of power play against Spain, but it seemed like the majority of the people who swam over genuinely thought they could stay, and there is a viral interview of a Moroccan's shocked reaction when a reporter tells him the Spanish authorities are sending them back.

Pla1n

I think Doug's point is that when they use fiction in "based on a true story" movies and TV shows, to make it worth watching in the first place. Shadow of Chernobyl is a fairly accurate show, and the fictional liberties they took did not negatively impact the accuracy of how the Chernobyl disaster played out; it is something worth watching regardless of whether or not it is based on a true story. But if you make a movie about the founding of Facebook, and the only entertaining parts about the movie are the fictional liberties you took, then why make a movie about the early days of Facebook at all, if you have to make stuff up to make it bearable to watch? It's fine to take fictional liberties in ways that don't impact how things play out broadly, or in ways that don't tarnish the view and reputation of real people, but when you make stuff up and vilify people just to make your movie watchable, you may as well just make your own fictional story instead of trying to base it on a real event.

William Rector

On the Minecraft follow-up: I lead a small school organization that uses Minecraft as a platform to teach civics in a fun and engaging way. We essentially simulate miniature worlds with functioning nations, governments, economies, and political systems. The division between Java and Bedrock is one of our greatest challenges. In our high-school branches, most members use Java because they have access to computers. In our middle-school branches, however, the situation is almost exactly reversed: most students only have access to Bedrock. For years, we have used Java as our core platform because it is easier, and, importantly, significantly cheaper, for us to host and customize. However, that comes at the cost of excluding a substantial portion of our membership from fully participating in the organization. We use a plugin that allows Java and Bedrock players to join the same server, but maintaining that bridge alongside our other plugins is a real administrative hassle. Everything must remain updated and compatible, and we also have to teach younger members how to connect through it. For years, there have been rumors that Mojang might somehow merge the two editions or create better compatibility between them, but in my six years in this community, I have yet to see meaningful progress toward that. If you are interested in learning more, our organization is called the Minecraft Club of America. We do not offer open public membership because, for the safety of our members, participation is limited to school-age students.

makaveli

we should ban historical fiction

Daniel Rentel

Let me begin by saying that I am a big fan of this podcast and what you all do, and I have no ill will towards anyone here. And the fact that the first time I am making a concerted effort to get Doug's attention after watching his youtube for (eight years! holy moly! love you doug) will be through an essay on a bad take of his doesn't make me feel great. So, before I get started, Doug, big fan. That being said, Doug, I have never disagreed with you more than I do regarding your take on The Social Network. I appreciate where you're coming from, but what "real" consequences develop from people thinking that Mark Zuckerberg isn't a great guy? Or Sean Parker? Or Eduardo Saverin? If you can present me with actual evidence that these people's lives have been made materially worse, I would love to see them. You reference that people are making "policy decisions" based on this movie — huh? Did I miss something? That's a pretty serious accusation to make, one that gets no evidence to back it up. And that's presuming that people are, in fact, accepting this movie as a historical document: an accurate depiction of past events. Doug certainly provides some frustrating anecdotal evidence for this line of thinking (the video I saw in which someone says that they watched the social network and thinks that Mark Zuckerberg is a bad person SPECIFICALLY BECAUSE of that movie), but I'm not quite sure that that's particularly widespread... I think the average moviegoer recognizes that these are works of fiction, and entertaining ones, NOT that they are meant to be accepted as textbook-equivalents. What a movie like that is "for" is, at a base level, entertainment, and the audience, as a whole, knows this. If this was positing itself as a DOCUMENTARY, and tried to get as many people as possible to view it as presenting the definitive truth on the topic, I would absolutely agree with him. I guess I'm biased. I've largely focused on The Social Network up to this point for two reasons: it's one of my favorite movies ever, and I haven't watched The Imitation Game, lol. I think his criticisms of The Imitation Game, though, are a bit more accurate and ring a bit truer. I appreciate enough where Doug is coming from, but I'll admit that a pet peeve of mine is when people claim that adherence to source material is an unvarnished good (you see this in a lot of places — people saying a movie is bad because it makes changes from the book, for example). I recognize that these are different situations, but they have a similar shape and structure. At its core, I just think the TSN is a flat-out bad example, because any value it serves beyond entertainment is the point it's trying to make regarding modern corporate greed and how social media platforms sort of make immature children of us all. And if it has to take shortcuts to get there — fine. It's an entertaining, well-made two-hour movie that makes stunningly lucid arguments on the attention economy and the horrifying rise of the underdog in the 21st century. It's not a six-hundred-page law/history textbook. The value it serves is thematic, not factual, and I think most people appreciate that. And IF people want to learn more, they can on their own time. Okay, I'm done. Sorry for the counter-rant. Doug, what are your favorite movies?

Brittany Coppin

The new Ryan Murphy true crime shows have been horrific for going wildly off real life. I couldn’t even finish the Ed Gien one because it was so bad. A girl I used to work with now believes JFK jr. and his wife are secretly still alive because of that show.

pnott

You can't just slander people and then excuse it by saying "oh well they're shitty people for other reasons so it's ok." That's still slander. Just make a movie about the real reasons they're shitty rather than the fake ones you made up. This also works against your goal because the people who learn that actually most of the stuff in TSN was made up could start thinking "huh maybe those guys aren't so bad after all, I was lied to." Trying to connect it to the whole source vs adaptation debate doesn't really apply, because in this case the source isn't some other artist's work, it's literally what happened.

Stuart

I can only listen to this podcast while naked, in a platonic way.

Nikolai

Wild Doug is defending a tech oligarch so hard.

Linus Andersson

They need to be more forthcoming with what is made up, like putting major inaccuracies in a disclaimer at the top of the film. You can't tell one truth and one lie and call it even.

Yngvarr

Isn't it easy: if you want to create a film that is based on a true story, but isn't a documentary, you change names. It's not about Zuckerberg and Facebook, it's about Bergerzuck and, idk, Liveinvader.

Daniel Rentel

First of all, not sure if you're using the legal definition of slander, but if you are, it is NOT that lol. If it was, every single party involved in making the movie would have been sued to death. But fine, if this is a moral case, I have a few things to say about that, the first being that my biggest argument is that the movie, I think, isn't really trying to present the facts of the matter, but rather trying to entertain and maybe morally instruct. I'm not saying it's okay to say whatever you want because they're shitty people, I'm saying it's okay because they're not deliberately trying to misconstrue public opinion on them. But, like, if you really want to push, yeah, I don't really feel sympathy for any of the guys involved. Everyone in TSN that Doug mentions is a multibillionaire, I really think they'll be okay, lol. These guys got rich off of hijacking attention spans, the commodification of our relationships, the monetization of the worst parts of ourselves. So, I'll admit, it's really difficult for me to feel bad for them in this specific scenario, lol. The righteous indignation Doug feels when he reads Sorkin's (decent enough, albeit a bit flowery and maybe a bit pompous) message is just so ridiculous. Who was actually hurt by this? What were the material consequences of this? All of these guys have more money than most people could dream of, so who actually cares? TO BE CLEAR: I think The Imitation Game is a good example, and I think it's messed up that that guy was treated as poorly in the movie as he was... I still think Doug overblows it a bit, though, because, as I say, very few people are seeking to get factual information from those movies; that being said, I might be underestimating that. To continue to be clear, and to build off of that, I don't think "it's just a movie, bro" is a surefire argument, and the screenwriter and director and whoever else is involved should be held in check to make sure they don't cross a line. There is a certain responsibility that they have to the truth. I actually didn't hate the idea of putting something in the credits where you say "x was true, it looked more like y." The movie "The Hit Man" did that, and it was pretty neat. To the point about "what if they find out that they're wrong." I don't think people will start thinking like that, lol. It's difficult for me to imagine a scenario in which people see the movie and then only hear that it's wrong, and then develop a new moral framework around that. That seems vaguely unlikely. Also, I didn't say the comparison of original source material to the historical fact was 1:1, my point was more that I'm just (within reason, of course) more interested in the telling of a good story than anything else — nothing else, neither original source material or the nitty-gritty facts of history, really matter to me, unless a major ethical line is stepped over. Extreme, severe, harsh slander; or a movie being false when it claims to be telling the truth.

Pineapple Scuddleduck

Everytime atrioc brings up the yen I think about the book "Princes of the yen". I would definitely upgrade my Patreon if that was a book club episode.

Schrodinger's Greed

Yeah, it's crazy they let Doug say that with no pushback. Do they all genuinely believe that's true?

Schrodinger's Greed

With them talking about people's perceptions of the Social Network, if I think of Mark Zuck, I do see him looking more like his character because that's my strongest memory of his appearance.

T Money

The Coen brothers put "This is a true story" before their entirely fictional movie Fargo simply because they thought it would be funny.

pnott

I meant the non-legal definition of slander. "...my biggest argument is that the movie, I think, isn't really trying to present the facts of the matter, but rather trying to entertain and maybe morally instruct." This is the crux of Doug's point, actually. The whole idea of being "based on a true story" is implied to be that it is mostly the presentation of facts - allowing for a few slight alterations for entertainment - but not entirely made up. If you are more interested in being entertaining, then you can write fiction without the "true story" tagline attached. "...they're not deliberately trying to misconstrue public opinion..." I don't think that's the case either. I think they were trying to make a more entertaining movie and make money at the box office. But if you make a story like this you have a responsibility to do it right. "...very few people are seeking to get factual information from those movies." I will just disagree with you on this. I'd say that most people (for example, me in the past) take the "based on a true story" label mostly at face value. My high school CS teacher (who I otherwise greatly respect and find very intelligent) encouraged us all to watch The Imitation Game to learn about Alan Turing. There are people out there taking much less believable material (fake internet stuff, AI video, etc) at face value too. "So, I'll admit, it's really difficult for me to feel bad for them in this specific scenario." I don't feel bad for them either, they're pieces of shit. But on principle, even the shittiest people among us have their rights. You can't pick and choose based on your opinion of them, or you erode the entire concept of rights. "It's difficult for me to imagine a scenario in which people see the movie and then only hear that it's wrong, and then develop a new moral framework around that." I'm not saying this will change their moral framework, but rather that the output of their moral framework is based on its inputs - i.e. the information they are given. In this (admittedly more niche) example, the input would be "people told me bad things about Zuckerberg and those turned out to be lies." There is also the opposite problem of people never being corrected about the contents of the movie leading to a failure of your agenda. If you make a movie about how Zuckerberg kicks puppies, people will certainly walk out of that movie thinking "wow Zuckerberg's a piece of shit" but they won't want to put action into curtailing Facebook's practices. Instead, they will want to put action into making sure Zuckerberg is not allowed within 500 feet of an animal shelter.

Pfish

I think they just think there is a tipping point where it does reduce productivity. Which is true. 360 of 365 days as an extreme example would reduce productivity. Also there could be an argument for consistently being taken in very large chunks every year, especially if people all tend to take it around the same time. But it is the case that something like 3 day weekends/a 4 day work week has been shown to boost productivity

8BitPillows

I like how they joked about the main technical hurdle that’s preventing other games from becoming Roblox is wether they have block guys or not because Roblox (the corporation) has been trying so incredibly hard to kill off their block guys.

Robert

My one thing with the history thing, while I agree with Doug about how it would be really nice for history movies to be more accurate and definitely not personify certain people in life as villains just for an enticing narrative, some stories would turn out really boring. The argument there then is “well then why make a movie out of it” and in my mind it’s in the hope that it grabs people enough to be interested in researching the topic. I’m a big history fan (not some historian so I can’t say I’m some pro) and sometimes these movies help me and help me get people around me interested in researching certain topics? The Nuremberg trials movie? Enthralling! Oppenheimer? Super interesting. The Michael Jackson movie (more of a pop culture history one)? So interesting it got me into a rabbit hole searching about his family and the relationships they had with each other. I’m sure not everyone does this insane amount of review and they’ll take it at face value but history to a degree is accurate description and then a little ✨pizazz✨, especially for like the regular day Joe schmo. That’s why depending on the historians you read from or listen to (shoutout the rest is history) you’ll have such a different perspective. I think the disclaimer can be good or maybe saying “derived from a true story” which literally means it would have been changed a bit. I just worry if we tried to stick exactly to the facts, these stories simply would not get passed down anymore.

William Ek

I think another important part to mention as part of the story is that they made it to Ceuta, an autonomous city on the same continent as Morocco. They did not make it to the Spanish mainland or European continent, and had no practical way of ever doing so. The right wing people complaining about Spain's "failure" were very aware of the fact that none of these migrants would be able to make it to mainland Europe and just brought attention to the story for propaganda reasons.

Joshua Mwebi

I think doug is being, not condescending, but not respectful of a person who cares about the history's ability to abstract an entertainment product from a legit biography.

Guy Fernando

I’d get a lot less done in four days than five. I just can’t see how working less could increase productivity

Leon

11:30 excluding perhaps east europe, there is a lot of holidays involved and while i enjoy the welfare. I can not say there is a sense of keeping up with the times, a lot of european manufacturing and even my company who supply logistics only started using git after covid. we are so behind that the tech stack is consistently getting rewritten deprecated. So its hardly surprising europe gets undercut when its not that hard to beat. Then again this isnt new given japan had did it before their fall from grace.

Le_M

The Finnish unemployment problem is a complex issue. One is that our economy never fully recovered from the pandemic and the increase of interest rates. The other is that we have stopped traiding with Russia, which was on of our biggest trading partners. Exports to Russia was around 4 % of Finnish GDP now it's almost all gone. Plus we got alot of cheap raw materials from Russia that we no longer get and have had to resort to more expensive options and lastly Russian tourism was also quite significant that has also disappeared.