Latest / UK Column Radio / Is the US Pushing the World to the Brink? | Silk and Steel
Transcript
- 0:01Hello and welcome to another episode of the Silk and Steel
- 0:05podcast. Today we have back on our show
- 0:08Einar, who has been a long term resident of China.
- 0:12But the fact that Einar that you are American, you know both
- 0:16side, you know, you know America very well, you know China very
- 0:21well. And we are at a very crucial
- 0:23juncture of the Sino American relationship.
- 0:27And This is why I, you know, like to pick your brains a
- 0:30little bit on the current situation between China and
- 0:36United States. Because you, you, you, you are
- 0:38you, you, you have, you know, you have your networks, you,
- 0:41you, you, you, you, you, you, you, you know how things work
- 0:45inside out. There's a lot of let's just get
- 0:49to the recent news, you know, with US kidnapping of President
- 0:55Maduro of Venezuela. Now I see a lot of spin, you
- 1:00know, in the social media as well as mainstream media.
- 1:03And somehow this is was a great victory for the Trump
- 1:06administration because now United States has control of all
- 1:11the the world's largest oil reserve.
- 1:14And this is a great humiliation for China because no Chinese
- 1:18envoy were in Venezuela to meet with Maduro 5 hours before the
- 1:23US operation began. And now, you know, Trump is
- 1:28somehow going to cut off the oil flow to China.
- 1:31And I even see a news headline saying that, oh, this is going
- 1:37to put Xi Jinping unnoticed because now China will not have
- 1:42the oil to go out to do a Taiwan operation.
- 1:47To me, this sounds very ridiculous.
- 1:49But, you know, nobody listened to me.
- 1:51So I, I, so I would like to hear from you.
- 1:54I'd are you know your take on this situation.
- 1:57Well, guy Carl, let me first thing I, I always get a little
- 2:02hinky when people say that they're experts on two
- 2:05countries, let alone one. I have friends in China who have
- 2:10lived their entire life. They're extremely intelligent,
- 2:13well read, and they'll tell me they don't know China.
- 2:15So and the same in the US, So knowing both countries is not
- 2:21really that possible. But I I do look at some
- 2:24differences. So let's break this down a
- 2:26little bit. All right.
- 2:27First, you have Donald Trump, you know, pumping his chest,
- 2:31playing, you know, Lord of the jungle, Donald of the jungle.
- 2:38He's successfully in his mind, a rundown to Venezuela seized it.
- 2:44He thinks that he's had a great victory.
- 2:48But, you know, from a Chinese point of view, yeah, there's
- 2:51some short term concerns. China gets between or hasn't
- 2:56passed between 2 and 4% of its imported oil coming from
- 3:01Venezuela. They put about over $60 billion
- 3:05into Venezuela and they still owed about 10 billion.
- 3:08A lot of that was for infrastructure and to, you know,
- 3:11keep their oil industry going. I personally know one of the
- 3:16lawyers who was working on that deal and without violating any
- 3:21confidences, he, he, he said it was very interesting.
- 3:24The people were extremely interesting on it.
- 3:30So, you know, from China's perspective, yes, there are
- 3:33short term concerns about that, but it's, it's not irrevocable.
- 3:37Maybe the price of heavy oil goes up a little bit, but there
- 3:41are other places that are buying for it.
- 3:43Remember, we're in the midst of a global slowdown.
- 3:46Oil prices were softening this. There's there's room, there's
- 3:50capacity there. So there's not a global
- 3:53shortage. So, but long term, I think in
- 3:57the medium and long term, China has actually come out of this
- 4:02looking better and not by anything.
- 4:04It's done simply the US by showing that it is a
- 4:10irresponsible power that believes that the law of the
- 4:12jungle rules the land has shown the the world that it is not
- 4:18only unreliable, but that is it is willing on any, you know, any
- 4:23pretext to take whatever it thinks it can get.
- 4:27And you know, nowhere is is more apparent than that.
- 4:31Then it's, you know, his constant threats about
- 4:33Greenland. Greenland is not a narco state.
- 4:37Reindeer are not terrorists. And you know, 50 some odd
- 4:42thousand people there have been living in peace and they haven't
- 4:45invaded anybody. So, you know, this is just
- 4:49purely a power play. He has switched in theory he's
- 4:53trying to tell the world, well, I don't need to be a global
- 4:56hegemon. I don't need to control the
- 4:58world. I just need to control my
- 5:00hemisphere. It's my right.
- 5:03The problem with that is I don't think anybody believes that if
- 5:06he was able to secure the Western Hemisphere that he
- 5:09wouldn't go over the other, go towards the other hemispheres.
- 5:13And, and that's very important because if, if he in fact was
- 5:16trying to signal that, not that it, it's acceptable, but if he
- 5:20was trying to signal that he would be withdrawing troops and
- 5:24bases, the 400 bases that surround, you know, in, in Asia
- 5:28that basically surround to China, He would be pulling
- 5:31troops back from Europe and saying, look, I'm done with all
- 5:35that stuff. You guys figured out.
- 5:36I'm just going to, you know, take what I want here.
- 5:39You know, like I said, law of the jungle.
- 5:41So from China's perspective, long term, they've been
- 5:44validated. They've expressed concerns about
- 5:47the desire of the US and Washington particular, I
- 5:51shouldn't say the US people, you know, those people are not In
- 5:55Sync with this. But the folks of Washington
- 5:58really believe that they have the right to contain other
- 6:01countries, whether it's Russia, Iran, China, Venezuela, anybody
- 6:05they don't like anybody who doesn't fit their ideological
- 6:08core. Well, the of the core, as I
- 6:12remember it was free speech, self determination, A ballot
- 6:18box. And what do we see happening
- 6:20here? The exact opposite.
- 6:22The hypocrisy does not bother Donald Trump.
- 6:25Happy to go forward with whatever, you know, is necessary
- 6:29to get quote, what he wants. You know, you have to give me
- 6:32access. I mean that he, he sounds
- 6:34exactly like the minor real estate developer that he was.
- 6:38And I'd say minor in the sense that he was never one of the big
- 6:43New York real estate guys. They all laughed at him.
- 6:47They thought he was, you know, a clown, somebody who was
- 6:51promoting himself endlessly but didn't have the the wherewithal
- 6:55to avoid 6 bankruptcies, turned his father's big fortune into a
- 7:01medium sized one, this type of thing.
- 7:05But there, there's a, there, there's something that is very
- 7:08troublesome to me and that is Trump is the master of
- 7:13distraction. And, you know, generally he
- 7:16throws out what I call a dead cat or, you know, a bunch of
- 7:19white rabbits or both simultaneously on a daily basis.
- 7:24So, you know, this distracts this press and they, you know,
- 7:27they, you know, look at the dead cat and say, oh, my goodness.
- 7:30And then they see the white rabbits and they follow them
- 7:32around the room. And then they repeat that the
- 7:34next day. There's really never a a pause
- 7:38in the ongoing, you know, news cycle, especially when it comes
- 7:42to Trump. But if you start looking at the
- 7:47that the number of issues that have come on that you know, how
- 7:50quickly they follow on each other.
- 7:52Most of these issues, for instance, 500% tariffs on India,
- 7:57that would have been at least two or three day issue, right?
- 8:01You know, distraction if you Venezuela would have been at
- 8:04least a couple of weeks just by itself.
- 8:06Greenland would have been another three or four days.
- 8:10I mean by the fact that he's doing this simultaneously speaks
- 8:16to a certain amount of desperation.
- 8:18And I say that because I mean, he's been successful in avoiding
- 8:23most of the issues regarding the Epstein files, which seems to be
- 8:29a huge concern. You have a, you know, they, they
- 8:32said there's 3 or 400,000 pages of, of documents and boxes of,
- 8:38you know, who knows what recordings, etcetera.
- 8:41And that was one thing. Now they discover that there's
- 8:44more than 2 million that haven't been really processed.
- 8:48And yet they say, oh, this was, you know, completely
- 8:51investigated and all this kind of nonsense.
- 8:53So he's clearly bothered by the Epstein case.
- 8:57He's been fighting every tooth and nail to keep it out.
- 9:00You, you heard that recording where he starts swearing that
- 9:04he's not going to release them, says some choice things about
- 9:07Marjorie Taylor Green. And so, you know, you, you have
- 9:11nothing. And then there's other reasons
- 9:14to distract. His base is attacking each
- 9:17other. It's very easy to put together a
- 9:20coalition of people who feel that there's something wrong.
- 9:24But it's very hard to control that coalition once you get into
- 9:28the, you know, the seat of power.
- 9:30And you have to start administrating because they have
- 9:32very, very, very different ideas.
- 9:34You have white supremacists, You have evangelicals.
- 9:38You have people who just, you know, simplistically believe
- 9:41that, you know, he could single handedly bring down prices and,
- 9:45you know, make make the world better again.
- 9:47And you know, his initial speech, a golden age, you know,
- 9:52his base lapped it up. They they've been essence become
- 9:55a cult. When you talk to them, you say,
- 9:57how about this? How about that, you know, the
- 10:00Epstein files? No, it's fake news.
- 10:02Even things that he's actually said and done, they'll say, no,
- 10:05he never said or or did that. And even if you show them,
- 10:08they'll just say no, no, no, that's that's not true.
- 10:11I don't believe it. And that's it.
- 10:13They're not interested in the facts.
- 10:14They just accept him emotionally because he reflects in their
- 10:19minds their angst and their their troubles, You know, in
- 10:24their own lives. They see their life degrading.
- 10:27I don't blame them for looking for somebody who can save them,
- 10:30some sort of strong man. So often in these cases when
- 10:34people are desperate, able to show up to help, aren't there to
- 10:37help, they're there to take more.
- 10:40And, you know, given that Donald Trump has more than doubled his
- 10:44wealth and the net wealth and the net wealth of his children
- 10:48in this first year, you know, at some point that's going to come
- 10:52home to roost. Then you have, you know, apart
- 10:56from his base, you have the over 60% of Americans who are living
- 11:01paycheck to paycheck. And guess what?
- 11:04They're about to get a real, especially people at the lower
- 11:08end of that are about to get a just horrible shock when their
- 11:12health insurance premiums go up. And, you know, Donald Trump
- 11:15doesn't want to talk about that. And so I think he's, you know,
- 11:20ramping up the speed, all right, of the distractions that he's
- 11:24putting out there to try to keep the narrative going.
- 11:29My question is, every time you do that, then the next thing you
- 11:33have say has to be even more outrageous.
- 11:37And, you know, seizing a Russian flag tanker, not off Venezuela,
- 11:43right, but near England and the Channel coast.
- 11:47That is serious. You know, we don't know how far
- 11:52he's going to go now. China and Russia are not going
- 11:56to fight America in conventional weapons in South America.
- 12:02They couldn't for the same reason the US would have a very
- 12:05difficult time fighting China. And you know, in the event that
- 12:09they, you know, Taiwan decides that they want to declare
- 12:13independence, you know, the supply lines are too large.
- 12:17I mean, you, you can see large feats, fleets coming for days
- 12:21and they would be very vulnerable to attack and things
- 12:24like this for some reasons or not.
- 12:27But there is the economic side of this.
- 12:32You know, Europe has already attacked Russia.
- 12:34They've seized, you know, Russian assets and things like
- 12:37that. And they said, well, we're just
- 12:38basically going to keep them. Well, they tried.
- 12:42You had one member said, no, no, we can't do that.
- 12:45She wasn't bridge too far. But they said, they certainly
- 12:47have said, oh, we're going to take the interest from these
- 12:50monies that we've seized or we're embargoing and we're going
- 12:54to help Ukraine with that. That's a violation of
- 12:58international commerce. I mean, you cannot be secure if,
- 13:02you know, governments are Willy nilly deciding what they want to
- 13:05decide based on not what you did, but what your government
- 13:10did. This idea that all Russians are
- 13:12part of the government is kind of silly.
- 13:16It's like all Americans are part of the government.
- 13:18No, I don't think so. So, you know, it's it's become a
- 13:22complex situation, but you know, when you start looking at at his
- 13:28distractions and how they're escalating, there's a real
- 13:32danger that we will accidentally get into some sort of kinetic
- 13:38conflict. And I say that because this
- 13:40reminds me of World War One. No one wants a war, but each
- 13:45side was trying to draw the line and say, don't cross this line.
- 13:48And, you know, do you do this? I'll do that.
- 13:51Then it was based on all of these alliances and things like
- 13:55this. But today it's based on
- 13:58unilateral action by the US as its struggles to maintain its
- 14:02hegemony and extremely dangerous.
- 14:05It's been very poorly received in in South America or Latin, I
- 14:09should say, Latin America, although you know, there have
- 14:13been a number of countries who supported it.
- 14:15I think that is not representative of the people.
- 14:19There's way too much memory going on in South America about
- 14:24assassinations. There have been between 56 and
- 14:2866 regime change operations acknowledged and recorded since
- 14:37World War 2 in Latin America. And this has touched almost
- 14:43every single country. And it is something where they
- 14:46don't forget. They, they remember this.
- 14:48You go to Chile that you know, you say Allende, you know,
- 14:51things like that. Don't go to Chile and tell, tell
- 14:54them how wonderful you think Henry Kissinger was.
- 14:59You know, they, they, they have a difference of opinion there.
- 15:03You know, they have relatives that died because of actions of
- 15:08the US that were pushed forward by a nascent Henry Kissinger who
- 15:12believed great power was, you know, you, you keep, kept your
- 15:15power by doing asymmetrical things to anybody who challenged
- 15:19you. So if somebody gave you a dirty
- 15:21look, you go in and kill them. And if they, you know, actually
- 15:25did something, you kill their village.
- 15:28This was the kind of angst. I mean, Henry, you know, in
- 15:31China, they they admire him. But I always point out that he
- 15:34was responsible for millions of deaths in Indonesia, Africa,
- 15:38South America, Southeast Asia. I mean, he was a butcher.
- 15:43He didn't do the work themselves, but he was certainly
- 15:45the mastermind behind all these ideas and strategies and things
- 15:49like that. And yet his legacy continues.
- 15:54Now he's, you know, a much flaunted, you know, passed away
- 15:59strategists who people always like to quote.
- 16:02But the The Dirty reality was that, you know, he was right up
- 16:07there in terms of the the people who was responsible for more
- 16:11deaths probably in history than many others.
- 16:14So this is the reality that we're that we're looking at.
- 16:18You have the short term or China has some minor concerns.
- 16:24It could lead to more if Donald Trump starts to, you know,
- 16:28implicant implement this policy of going to through to any Latin
- 16:36American country that is doing trade with China and trying to
- 16:39sabotage that you you'll note that today Donald Trump said
- 16:42that no foreign advisors from the China, Russia, Iran anywhere
- 16:48in can be allowed in Venezuela. He's trying to run the country
- 16:53by remote. It's difficult to see how that
- 16:57is going to work. He can certainly extort them,
- 17:01continue to threaten them, get them to give him free oil.
- 17:06But at some point he's going to reach a tipping point where, you
- 17:10know, unless there is investment, All right.
- 17:16And it's to the tune of about, oh, $100 billion would be
- 17:21necessary to bring back the Venezuelan oil industry.
- 17:26And I don't know that the big oil companies are that
- 17:30interested. And people think, well, of
- 17:33course, look, you know, huge, plentiful supply.
- 17:36Well, you know, it used to be that Venezuela, you know, could
- 17:40be counted on as a source for oil.
- 17:42Then it wasn't. So the major oil companies moved
- 17:47into the oil sands of Canada. They invested half trillion
- 17:53dollars, all right. They bought up leases.
- 17:58Oil sands is a dirty, nasty business and it requires very
- 18:01specialised equipment. It's not like you move it
- 18:04somewhere else. It's a very particular type of
- 18:07solution. And even within different oil
- 18:10fields, you you have slightly different conditions and you
- 18:12have to modify them. So it's not like they can take
- 18:15their equipment and run down to to Venezuela and start
- 18:18processing oil. So they would have to, in
- 18:20essence, abandoned those, abandoned their leases and then
- 18:25go down to Venezuela, which is going to be a political risk.
- 18:30We don't know what happens after Donald Trump leaves.
- 18:33We certainly don't know what happens even in the midterms.
- 18:37And you could have a situation where internal strife, you could
- 18:41get civil unrest there, which would make it difficult to get
- 18:44the oil out. You could have a new regime come
- 18:47in, in a few years and say we're going to re nationalise this.
- 18:50You know, we were illegally invaded by another country and
- 18:56we do not accept this. Remember, the people are still
- 19:00going to vote, and if they're poor, US is taking the revenue
- 19:05source but not repairing the infrastructure.
- 19:09That means there's left less revenue to a country that is
- 19:12already struggling and the United States has nothing.
- 19:17Have you noticed any plan whatsoever to do anything within
- 19:21Venezuela? You've heard this.
- 19:22Oh, for the benefit of both countries.
- 19:25Well, come on, he's not interested in Venezuela.
- 19:28He doesn't have a plan to help them.
- 19:30He doesn't have a plan. After 18 years of criticising
- 19:33American healthcare, he doesn't have a plan.
- 19:36Now, how do we expect him to have a plan for a country he
- 19:41doesn't even know anything about, he doesn't care about?
- 19:44I mean, they had they were unable to articulate anything
- 19:47that happened the day after. What happens the day after you
- 19:50seize these people. You know, how are you going to
- 19:53do this country? And it's, it's complete mess.
- 19:56You can see that that goes back to my first point or my second
- 19:59point that they he is doing a lot of things just to divert
- 20:04attention from other problems, especially as domestic ones.
- 20:09So, you know, and then let me just explain one thing and I'll
- 20:13stop talking. Why does America, which produces
- 20:19more oil than it needs, why is it interested in this oil from
- 20:24Venezuela? Does everyone, you know, think
- 20:26about that? We we export more than we
- 20:28import. The reason is that we export a
- 20:32week. The majority of our oil is what
- 20:34they call sweet crude. It's it's light.
- 20:38It doesn't need a lot of processing and it it has a high
- 20:41value. You can turn it into gasoline
- 20:43and jet fuel and all of these wonderful things.
- 20:46Now, heavy crude, all right, they call it sour.
- 20:50It has a lot of sulphur in it. That sulphur has to be taken out
- 20:55and and then it has to be processed within a completely
- 20:58different way. Now in the United States, 60% of
- 21:03our processing is for heavy oil. So what happens if you have this
- 21:11problem where the US is geared for heavy oil, but it doesn't
- 21:15really have a a great supply? Canada is more expensive, yes,
- 21:18but it's also more stable. Venezuela sounds great.
- 21:23But, you know, in essence, you're asking the major oil
- 21:26companies to take a haircut on their own investments and go
- 21:29into an area that is very, very politically risky.
- 21:34So this situation of the imbalance and the reason we're
- 21:38doing this so that we can, you know, apply heavy oil to these
- 21:43refineries, which, you know, Trump came out and said, oh,
- 21:45these, these guys need the oil because they they have a
- 21:48shortage of heavy crude. Well, and that that sounds
- 21:51great, but it's not, it's not a reliable solution, hasn't been
- 21:55thought through like many of Trump's ideas.
- 22:00He doesn't seem to grasp the reality of the industry.
- 22:03And, you know, whether he's helping or actually hurting it,
- 22:07the problem is that somebody will start going in and
- 22:12developing, you know, Venezuela's oil at some point.
- 22:17And when that happens, yes, you're going to have a real
- 22:19problem with, you know, the major U.S. oil companies who
- 22:24invested in tar sands in Canada because they're going to be at a
- 22:27price disadvantage. There's also this idea that
- 22:31somehow by lowering the price, you're going to help everything
- 22:35that all of a sudden, you know, America will be doing well.
- 22:37Well, if you lower the price of oil, America is an exporter of
- 22:43oil. So you're going to lose at the
- 22:46same time as you're quote winning, but you're losing more
- 22:49because the amount you're losing on your sales, which are greater
- 22:53than your imports, you know, it's not a a victory at all.
- 22:58All right there, there's offsets.
- 23:01And this is the complexity that Donald Trump and his his
- 23:04administration don't seem to grasp.
- 23:07They're uniquely unqualified. They don't.
- 23:10They lack the experience, temperaments, you name it, they
- 23:14don't have it. It's just simply the cast of The
- 23:18Apprentice to Washington Edition.
- 23:22All expendable people who, you know, they look great.
- 23:27They're completely idiot. I mean, I mean, come on.
- 23:31I mean, you have a woman who was used to shuffle papers for
- 23:35insurance companies out there trying to prosecute a criminal
- 23:40case, a sophisticated criminal case.
- 23:43She doesn't even know where to stand or who to talk to or what
- 23:47standards are. You know, it's criminal
- 23:50incompetence to have people like that.
- 23:53But these are the people he surrounds himself with.
- 23:55Why? Because they are expendable.
- 23:58He can call them in the office and say you're fired, you know,
- 24:02and his, his, his base will go nuts.
- 24:04Oh, he's really showing him. This is just like The
- 24:06Apprentice. OK.
- 24:08But reality isn't a show. And Donald Trump is falling way
- 24:13short of the mark. The question is, when does it
- 24:16catch up with them? Or when does he do something so
- 24:20risky that we start to get retaliation and then escalation?
- 24:27I'm in complete agreement with you about Trump is doing this as
- 24:31a distraction. I mean, he's great for
- 24:33television, Trump. Trump knows how to be the
- 24:35reality TV show host that he really is.
- 24:39But I do have a question about why then he's going to, I mean,
- 24:45there's all these other distractions that he could focus
- 24:48on unless you said, you know, just focus on Venezuela or focus
- 24:52on squeezing tariff out of India.
- 24:54Why is he then going after Greenland?
- 24:57I mean, that doesn't make sense. If you want to be the hegemon,
- 25:01you want to you want to get more people on your side, you know,
- 25:04build up your alliance to shore up your position.
- 25:07But Trump is looks like he's sing he's single minded to
- 25:12destroy NATO, to destroy the the one institution that, you know,
- 25:18lock in the Europeans as the American vessels.
- 25:22And he is going after a NATO country, Denmark, you know, the
- 25:26owner of Greenland. And and when US are red in all
- 25:31this reason they throw out for why US need to acquire, acquire
- 25:35Greenland because, you know, Greenland said I'm a very
- 25:37strategic shipping lane, you know, because you sits on the
- 25:41Iceland, UK Greenland gap. You can monitor the Arctic when
- 25:45the ice melt. We can, you know, we can deter
- 25:48the Russians and the Chinese shipping, you know, in the
- 25:51Arctic from from the bases in Greenland.
- 25:54But all that excuse is bogus because currently US already
- 25:58have access to Greenland per agreement with Denmark, per per
- 26:03per agreement with NATO. They can do all that right now.
- 26:08So why is it that he was dead set acquiring Greenland while
- 26:15antagonising a NATO ally and, and, and potentially turning
- 26:18Europe against him? I mean, like the, you know, the,
- 26:22the Europeans leaders are ready, you know, they are all
- 26:24despising, but they still have to scrape and bow because, you
- 26:28know, American power. But now they're really, I mean,
- 26:31the Greenland might just be a bridge too far, taking away a
- 26:35sovereign territory of, of a NATO country.
- 26:39What? What, What do you think is the
- 26:40reason he's doing that? Well, Carl, First off, he
- 26:46doesn't care about Europe. He sees them as weaklings.
- 26:50He said so on many occasions. So the idea that he he takes
- 26:56them seriously there, I mean, you, you can see a very clear
- 26:58pattern. Any country that stands up to
- 27:01him. All right, Oh, he, you know,
- 27:03he's like, oh, can't we, can't we be friends?
- 27:06We can work this out, You know, China, Russia, the mayor of New
- 27:10York. You know, people always ask me,
- 27:12he said, what would I know? Why is he so nice to a guy who
- 27:15called him a fascist? This is very simple, Donald.
- 27:19The way Donald Trump thinks, you know, he's vindictive, if if you
- 27:24haven't noticed, and you know, if he was mayor of New York and
- 27:29he didn't like the president and the president had a whole bunch
- 27:32of real estate inside New York. Donald Trump is very well aware
- 27:37of what he would do, which would be to send an army of inspectors
- 27:40on a daily basis to every single one of those properties to find
- 27:45some excuse to shut them down, to find them, etcetera.
- 27:48It's the only reason that Donald Trump did it, self interest.
- 27:52And that's the only reason he does anything else in terms of
- 27:55Greenland. He he really sees himself carved
- 28:00on the on the in the in the rocks of Rushmore.
- 28:03He even has a couple of mock ups of him on there.
- 28:08So he, he's looking for this big thing.
- 28:10OK, so I, you know, I grab South America and I grab Greenland.
- 28:14I control the Western Hemisphere and I will be in the history
- 28:18books as the greatest president or more important to him, a
- 28:22better president than Obama. I mean, there was a real turning
- 28:27point when Obama made fun of him at the Gridiron Dinner, the
- 28:31annual dinner where they get together and they make jokes
- 28:34about each other. Donald Trump was looking, you
- 28:39know, Oh my gosh, he was so embarrassed at that.
- 28:43And it was, it was widely reported that that was the
- 28:46moment he said, I'm going to be president.
- 28:48I don't care what it takes. I'll do whatever it is.
- 28:50I'm going to make this bastard pay.
- 28:53And that's quite clearly what he's done since that point.
- 28:57So, yeah, from his, his point of view, he wants to make himself,
- 29:00you know, an FDR or whatever. And these are the ways to get
- 29:05it. He doesn't care about Europe, as
- 29:07he said, they're weaklings. He's going to grab what he can.
- 29:10And you know, with Venezuela, he's feeling very, you know,
- 29:14he's on a high. I did it.
- 29:17No one thought any I would do this.
- 29:19I'm showing the I'm the madman of, of diplomacy.
- 29:23No one can guess what I'm going to do next.
- 29:26And maybe I can extend that. I mean, in his biography he is,
- 29:30he has said, they said, I, I don't think about yesterday, I
- 29:33don't think about tomorrow. What I think about is how to
- 29:36maximise today. So that's exactly how he goes
- 29:41about running the presidency is a day by day thing.
- 29:44They said throw out dead cats and white rabbits to keep the
- 29:47press out there. And then, you know, 'cause chaos
- 29:51and commotion and see, see what opportunities shake out.
- 29:55This is what he does, all right. He threatens, controls, does
- 29:59whatever, and then he watches to see how you're reacting.
- 30:04If he senses any weakness, he presses.
- 30:06If he senses any strength and ability to push back, he then,
- 30:11you know, looks for something else.
- 30:14It's just like with China. I mean, he, he thought his
- 30:17tariffs were going to reduce China to, you know, a puddle of
- 30:20Jelly. Well, instead they, they said,
- 30:22look, you know, the world's interconnected and you're not in
- 30:25a position to do all this kind of isolationist stuff you wanted
- 30:30to. And then they had a meeting in
- 30:33Busan and, you know, Trump realised, OK, this isn't going
- 30:36the way I expected. China has things like rare
- 30:38earth, strategic metals, chemicals, so many things,
- 30:43intermediate goods that we have to have.
- 30:46So he's kind of says, OK, OK, you know, she we're friends, we
- 30:49can work this out. Meanwhile, he goes back home.
- 30:53Well, he doesn't. Even before he goes back home,
- 30:56before he even goes to meeting Busan, he gives the green light
- 31:00to the Japanese ambassador to violate the ambiguity.
- 31:05The ambiguity was always about what the US would do in terms of
- 31:10Taiwan, because although they agreed to, there is only one
- 31:14China and they signed international treaties that
- 31:18domestically they pass a law called the Taiwan Relations Act,
- 31:22which, you know, it just says, well, yeah, we we agreed to
- 31:25that. But now this is a domestic law
- 31:27and you know, this, this governs what we we can do.
- 31:30And, you know, China don't pay any attention to this, but you
- 31:33know, we're going to compete complete supplying them so they
- 31:36can repair their their military structure.
- 31:40That was the understanding. Now it's become quite a
- 31:43different game in part. So he he encourages her to
- 31:48violate the ambiguity. Of course, it sets off a storm
- 31:51and it's now costing Japan a lot.
- 31:53China's announced that they're not going to allow dual use or
- 31:57military use of strategic metals and also rare earths, which puts
- 32:03Japan in a very difficult position.
- 32:05If they extend that to the automobile industry, basically
- 32:08it stops. So China has a lot of controls
- 32:11on it. China is a huge market for
- 32:15Japan. They have a lot of facilities
- 32:18here. To lose that for a country that
- 32:20depends so heavily on exports would be devastating.
- 32:24So China has its own pressures. So then he goes back to the US
- 32:30and what's the game plan? OK.
- 32:31We can't attack China directly. So what we're going to do is to
- 32:35attack them indirectly. We're going to go to every
- 32:37country and say you have to stop trading with China.
- 32:41And that's exactly what they're doing today.
- 32:43And we're going to make it stick by going down and grabbing a
- 32:48country like Venezuela, which has close relationships with
- 32:52China, where China has invested to send them a message that you
- 32:56can't come to our backyard. And if you do, it's going to
- 32:59cost you. So, but it's all indirect, all
- 33:04right. He has some comments, so expect
- 33:07a direct response, though a shame.
- 33:11Which obviously is not going to allow strategic metals and rare
- 33:15earths to be used in the weapons that the United States wants to
- 33:20build, not only to sell to other countries that are antagonistic
- 33:24towards China, but also allowing the US to to re supply their
- 33:29stockpile of these weapons. And without these zero, they
- 33:34they cannot produce. All right, they can try to go
- 33:37through and you know, salvage whatever they can use with
- 33:41things, but it's going to run out things like heavy magnets
- 33:48that are used in, you know, very delicate operations like
- 33:52gyroscopes and things like that. Rare earth magnets, China has
- 33:5698% of them up market in terms of production, not in terms of
- 34:00the minerals. Minerals are all over the place.
- 34:03That is not the issue. The issue is that China has a
- 34:05production and it would take US at least five years to and a lot
- 34:11of money to try to replicate what China is doing now.
- 34:16Meanwhile, China will continue to go forward.
- 34:18It would take 10 to 15 years for the US to try to come up with
- 34:24domestic solutions for their automobiles and things like
- 34:27that. Well, whether it's five years or
- 34:3115, the fact is there would be no production during that time
- 34:35or very, very limited production.
- 34:37And this would be a real threat to the US arms industry.
- 34:40How do you sell things you can't make?
- 34:43You know, I always, I always laughed at the when Donald Trump
- 34:46says we're not going to sell you the avionics that you need for,
- 34:49you know, from, for your aeroplanes.
- 34:53Well, let's think about this. I'm not going to sell you the
- 34:57stuff we can't make, OK? I think that's fairly obvious.
- 35:04But you know, I don't think he, you know, it's once against, he
- 35:07makes an absurd statement like this, not really working it
- 35:10through and and that that is the real danger that he takes a huge
- 35:16risk, hasn't thought it through. There's some sort of retaliation
- 35:21and then escalation and then we don't know where that goes, but
- 35:24it's not a good place. You, you mentioned something
- 35:28interesting. You're, you're, you're saying
- 35:30that the Japanese prime minister's Sanai Taka Ichi's
- 35:35provocative statement on Taiwan, which is that US, that, that
- 35:39Japan would send its military to Taiwan in case of a conflict.
- 35:44You you're saying that is because she received the US
- 35:48prodding to do so Not not maybe not out of her own relation of
- 35:56So you think US is behind that, behind the escalation of
- 36:00tensions between U China and Japan?
- 36:03Oh, absolutely. I mean, you look at the timing
- 36:05of his visit to there. He knew he was going to Busan
- 36:09and that it was not going to go well.
- 36:11He had made stops. Vietnam.
- 36:15Well, Vietnam had come to the US, but he had made stops in
- 36:18Malaysia. No, Vietnam and Malaysia he made
- 36:22stops. And it was Australia that had
- 36:24you talked to before. These are the main areas where
- 36:27they do have some very small amount of processing of rare
- 36:31earths. And he was, you know, trying to
- 36:33collect these little bits and pieces so he could show up in
- 36:37Busan and say, hey, listen, if you don't give us what we want,
- 36:40we'll start making them ourselves.
- 36:42You know, China said, OK, you know, it'll take you, what, 515
- 36:45years? OK Good luck.
- 36:47Good luck with that. So he knew he was going into a
- 36:51bad situation. So, you know, he was looking for
- 36:54leverage. Donald Trump is always looking
- 36:57for leverage. And he'll tell you that, you
- 36:59know, I got to get leverage on this guy.
- 37:00I have to get better cards. All right.
- 37:02He sees it all as a game. So, you know, the Japanese are
- 37:07are are very careful, All right, They're not going to violate an
- 37:12ambiguity clause. Now she wants to, she wants to,
- 37:16quote, normalise Japan. And the key to normalising Japan
- 37:19is getting out, you know, having their own nuclear umbrella in
- 37:22essence. And she wants to move in that
- 37:25direction. But I guarantee you, the moment
- 37:27she gets her own nuclear devices, the first thing they'll
- 37:31do is ask the US to leave. They do not like being an
- 37:34occupied nation. Japan is extremely xenophobic.
- 37:39A lot of her popularity right now is because she's been
- 37:42closing the door on tourism and a lot of the Japanese people are
- 37:45reacting very positively. That's not the ones who run the
- 37:48businesses, but the people at large saying we don't like
- 37:51gaijin, we don't like foreigners here.
- 37:54They're impure, they're dirty. They're they're not Japanese, so
- 37:57they're not somebody we can deal with.
- 38:00So, yeah, she, she wanted to say something like this.
- 38:04But the idea that she, this question wasn't planted, I mean,
- 38:09I, I used to run. I was in politics myself.
- 38:12When I wanted something like that, I would just tell, you
- 38:14know, things. Oh, you know, this is a good
- 38:16question. You should think about asking
- 38:18that. Well, Gee whiz, they ask it and
- 38:21then you respond. So she's, this was calibrated.
- 38:23She wanted to stand up as kind of an iron britch's lady like
- 38:27Margaret Thatcher, who she admires.
- 38:30And you know, she wanted to say the world, look, you can't toy
- 38:33with Japan. You know, we have our own
- 38:34agency. And it dovetails with her desire
- 38:38to make Japan into a quote normalised entity.
- 38:42But it brings back very bad memories for Asia as a whole.
- 38:47Remember, this is 80th anniversary of the end of the
- 38:52anti Japanese imperialist war. Fascism supposedly was defeated
- 39:00back then and the hope was it wouldn't come back.
- 39:03And now you're starting to see it clearly coming forward in
- 39:07Japan, also in the United States.
- 39:10I mean it, the only way you can describe what Donald Trump is
- 39:13doing is fascism. I mean, this is exactly what
- 39:16Germany was doing. They're saying for our
- 39:18protection, we need to take over this area.
- 39:21For their protection, we need to take over this area.
- 39:24That was what it was all about. And what happened?
- 39:27Europe appeased and led to war. That's where I, you know, I, you
- 39:32know, history doesn't repeat, but it does rhyme.
- 39:36I, I, I think I would dispute about the the fascist
- 39:40description because I know for a fact the train do not run on
- 39:45time in United States, you know? They you, you completely
- 39:53destroyed my entire argument. Well, they don't run in Germany
- 39:57on time anymore either. But yeah, I I guess I'll have to
- 40:05rethink that whole thing. Our trains don't run very fast,
- 40:09never mind on time. Yeah, go ahead.
- 40:19Go ahead, go ahead. No, no, I it's just I mean,
- 40:22I've, I've kind of exhausted that.
- 40:23I mean, we, we, we know, we know where, you know, the US is and
- 40:29its strategy, you know, wants to take over all these areas show
- 40:33it's strong. Trump thinks that this is the
- 40:36key to, to, you know, wooing the electorate back.
- 40:40But the problem is that if you can't eat, you don't really care
- 40:44about Venezuela or Greenland. I mean, you know, US people, you
- 40:48ask them where Greenland is, point to a map without things,
- 40:54they'll be pointing to Central Europe or something like this or
- 41:00Iceland or whatever. They, they have no clue about
- 41:04geography. So it would be very, very, very
- 41:07difficult for them to get excited about 50,000 people in a
- 41:12massive ice, ice sheet. They don't know what's shipping
- 41:17to them if they can't pay their bills.
- 41:20And this is really the, the, the ticking time clock that Trump is
- 41:25running against. You know, people think about
- 41:28this in international terms. But in America is, you know, we
- 41:32both know all politics is local. And he he has a reckoning coming
- 41:38up with this mid year election. And the problem is, you know, if
- 41:44he follows true to form, he's either before or after the
- 41:48election, declare it invalid and try to say no, we're going to
- 41:52keep the same slate of people. The problem is about, you know,
- 41:57droves of Republicans are in fact, resigning.
- 42:01So how, how do you replace them? Maybe he just says we, as long
- 42:05as there's more Republicans and Democrats, we'll freeze it.
- 42:09I'm sure right now they are trying to figure out if these
- 42:13guys do resign, how do we keep the House?
- 42:18I'm sure his, you know, Stephen Miller, who is wow, I mean, he's
- 42:23something else. Did you see his statement?
- 42:26He says we can do anything because we're American.
- 42:31This this sounded something like out of was the movie How I came
- 42:36to love the bomb Doctor Strangelove.
- 42:39I mean, he's he's he's that guy. He's the one sitting there
- 42:44going, you know, You know, I keep my essences to myself.
- 42:49His his wife is the one who tweeted out with a map of
- 42:53Greenland painting the American colour and says you are next,
- 42:57Greenland is. Next coming soon.
- 43:01I mean, you know, you, you, you really have a bunch of
- 43:04characters in there. But as I said, I mean, you know
- 43:07what? What happens if Trump becomes
- 43:09somewhat enfeebled? Other questions about his
- 43:12judgement? Now, obviously the philtre, this
- 43:16minimal amount of filtering he had before is completely gone.
- 43:20He just says whatever comes to it to mind.
- 43:25But if he comes incapacitated and you have the same crew
- 43:28there, people should be thinking very carefully what that would
- 43:30mean. In essence, that could be
- 43:32independent actors. Rubio would get his long wish to
- 43:37go into Cuba and take over the government and and then declare
- 43:42that all the old families who, you know, lost their lands, you
- 43:46know, so many years ago are now back in control.
- 43:49And they, they should get interested, you know, basically
- 43:53create a surf serfdom society. You know, he might be a hero to
- 43:58the few people in Florida left to remember the Cuban
- 44:03Revolution, but it certainly isn't going to solve anything.
- 44:07And then you have Miller pushing his right wing, White is right
- 44:10agenda. I mean, he would be going off in
- 44:14a different direction and there would be no controls of it right
- 44:17now. They have to bow and scrape
- 44:20before Donald Trump have to watch, make sure they don't get
- 44:24too much limelight and that they always put him front and centre
- 44:29and that, you know, he's going to react to whatever they say.
- 44:32He's malleable to a point, but he's always looking at the
- 44:36polls. He's he's looking at the news
- 44:39and he's, you know, with an eye towards his, you know, glory own
- 44:43glorification, making himself into the great man that he isn't
- 44:47but wants to be. Well, I mean, we, we, we, I
- 44:51think we all agreed the current path that Trump has said US is
- 44:57not ultimately sustainable. But Trump is still going to be
- 45:02in the office for another three years.
- 45:05You know, how, how do you see this all going to end?
- 45:08You know, I mean, this is this is asking you, I'm asking you to
- 45:11look into your crystal ball for a little bit.
- 45:14But like how which he's doing a heck of a job right now to
- 45:19distract people from Epistem file, even though there's still
- 45:24people on social media asking him to to show show us the
- 45:27files. So, you know, he can, he can
- 45:32bring pivot from one crisis to the next, But do you think he's
- 45:37ever going to run out of this kind of crisis that he can
- 45:41artificially create to, to, to keep his, you know, to, to, to,
- 45:46to keep himself above the, the, the, you know, the, the, the
- 45:51questioning and then and, and go ahead.
- 45:54Yeah, that's what I was referring to earlier.
- 45:56I mean, you, you have to do more and more outrageous things.
- 45:59And when you do, though, there's a risk, as I said, that you
- 46:04cross lines, for instance, seizing a Russian oil tanker.
- 46:09Well, Russia's going to respond. My, my guess is that they'll
- 46:11say, you took one of ours, we're going to take one of yours.
- 46:14And if you want yours back, you give us ours back.
- 46:17That's, you know, Putin is not a pushover.
- 46:20And he's certainly not going to be bowed or or kowtow to Donald
- 46:25Trump, who he sees as a fool, kind of floppish clown that he's
- 46:30been able to push around because he's the stronger man.
- 46:34He's the man that Donald Trump aspires to, ironically.
- 46:38So, yeah, there's going to be retaliation.
- 46:41And then the question is, does it escalate or does Trump do
- 46:45what he's famous for, a Taco? Right now, he's riding high on
- 46:49his success in Venezuela. The question is, do his advisors
- 46:53say no? You can push.
- 46:54You can push these guys further. Don't worry about it.
- 46:57We got you covered. They're afraid of us.
- 47:00I don't think Putin is afraid of the United States.
- 47:02He's wary of them, but he's not afraid of them.
- 47:05He's not afraid to act. Otherwise he wouldn't have gone
- 47:08into Ukraine. And, you know, quite frankly,
- 47:13we, we we baited him into it in 2014 by sponsoring a punch that
- 47:19took out hit guy. Somebody was favourable to him
- 47:22and put in somebody who was favourable to us.
- 47:25That's against the rule. If if you know, Russia did that,
- 47:30you know, remember the Cuban missile crisis, we said, OK, we
- 47:35don't like these guys and they're out with Russia.
- 47:37So we're going to threaten nuclear war.
- 47:40Yes, putting missiles there real problematic.
- 47:43But we had put missiles in Turkey and the Russians regarded
- 47:47the missiles in Turkey the way we regarded the missiles in
- 47:50Cuba. So there was, you know, the,
- 47:53the, you know, people don't talk about it, but the resolution of
- 47:57that is that we took out the missiles in Turkey and they
- 48:02agreed not to try to put missiles in Cuba.
- 48:05So, you know this this would be international diplomacy.
- 48:10But the question is, is Donald Trump capable of that?
- 48:13He seems to be, you know, jumping around and because he
- 48:17has this pressure to distract the American public, you don't
- 48:20know exactly what he's going to do.
- 48:22But let's look into the crystal ball.
- 48:25We have different options here. One, Trump makes it to his his
- 48:29his three years. And actually, that's the best
- 48:32scenario because if Donald Trump goes for any reason, he's
- 48:37incapacitated, he he's removed under Article 25, whatever.
- 48:42You have Darth Vance, and I call him Darth Vance because he
- 48:45believes in the Dark Enlightenment.
- 48:47I mean, the power of the Dark Force literally.
- 48:50I mean, this is the religion that is he and his sponsor, you
- 48:55know, the guy who runs or was it not Paradigm?
- 49:03What's what's the name of that company?
- 49:05Palantir Palantir, Peter Thiel, who's running around the United
- 49:11States telling people the devil is here.
- 49:14Well, when I look at Peter Thiel and I think what the devil would
- 49:18look like, I think that's it. So maybe he's he's just
- 49:22advertising his own presence or something like that.
- 49:24But he and a bunch of these tech gurus and incredibly rich, they
- 49:30have over millions of dollars and and combined net worth and
- 49:34they have control over very sensitive areas, especially in
- 49:37terms of information and technology.
- 49:40You know, our friend Elon Musk is a fellow traveller with them.
- 49:45He believes that the world should be run by technocrats
- 49:49that they do not believe in democracy.
- 49:52They rail against it, right. They they actually in in their
- 49:57beliefs. They say democracy doesn't work.
- 49:59It's time to end it and to have, you know, the a Lord of the
- 50:03techno Lords to guide the world and, you know, put chips in our
- 50:07brains and make us better. You know, it's, it's a dystopian
- 50:10fantasy reality. And it's not that different,
- 50:14unfortunately, from the 18, late 1800s when America went through
- 50:19this huge boom and the oil barons, the steel barons, the
- 50:23railway barons, and they, they thought exactly the same thing.
- 50:27They thought, we know we're so successful, you know, we're so
- 50:29incredible, we should be running the world.
- 50:33But, you know, invariably what happens with these characters is
- 50:36that they all agree that they should running the world, except
- 50:39they don't agree on which one of them should be first among
- 50:43equals. And they ended up, you know,
- 50:45trying to battle each other, literally trying to bankrupt
- 50:48each other, petty swobbling that kept them at Bay until, you
- 50:53know, there was a real change with the the New Deal and things
- 50:57like this. So I it's, it's, it's repeat.
- 51:01It's not repeating, but it's certainly is rhyming with
- 51:03history. These people have an inflated
- 51:05sense of their own abilities. They don't realise that they was
- 51:09just luck, that there are more capable people than them.
- 51:13But the times weren't right. These people believe that
- 51:17they're divine or divinely inspired or, you know, they're
- 51:21gods on earth or whatever. So he's a real danger.
- 51:25So you want actually want Trump to stay in for three years.
- 51:29The problem with Trump is that every day of Trump is 7 days for
- 51:33the rest of us. We literally live in dog years.
- 51:37And it's, you know, it's, it's really, you know, troubling to
- 51:42think that the next three years will be like 21 years in terms
- 51:47of, you know, everyday mass distraction, tacos, you name it,
- 51:53everything is coming at you. You know, it's, it's, it's if
- 51:57you want to live forever, just every moment with Trump is an
- 52:03eternity. So just be thankful you're
- 52:05living in during this period. I just thinks now what other
- 52:11things? Well, obviously there could be
- 52:13escalation, some sort of war. I don't think that I'm hoping
- 52:17that it doesn't go nuclear. But you just don't know what
- 52:21what people are telling him. The military industrial complex
- 52:24always believes that they have, you know, they have the
- 52:28solution. And isn't Doctor Strangelove, as
- 52:31I said, as long as there's one American and no Russians, we
- 52:34won. You know, this type of attitude
- 52:37is still there. I mean, it's scary, you know,
- 52:39it's supposed to be, you know, satire.
- 52:42But these people actually believe it.
- 52:45So you're going to have escalation there.
- 52:46But you, you also, what I think is going to happen is within the
- 52:50United States, there's going to be a revulsion towards Donald
- 52:54Trump because his base is fractured.
- 52:57He's not giving them what they want.
- 52:59He's doing the exact opposite of what he advertised he would do.
- 53:03Now. They're still amongst his base,
- 53:05the cult like group who will excuse anything he does.
- 53:09You know, if they show, if they showed him and you know, a
- 53:13sexual video with a 14 year old, they'd say it was fake.
- 53:17That was created by the Democrats and it's a witch hunt
- 53:20and all this kind of stuff. But there are enough people in
- 53:23there and we're already seeing that.
- 53:26The other day you had the writers, the 1600 people who
- 53:31were pardoned for their criminal activity on January 6th.
- 53:36Well, some of them showed up in Washington are demanding
- 53:39hundreds of millions of dollars in in compensation for their
- 53:43hooliganism because they were pardoned, therefore they were
- 53:46right. If they're right, they need to
- 53:48be compensated for all the bad things that happened to them.
- 53:51Now about 2% of these wonderful people have already been
- 53:56involved in crimes since then, everything from paedophilia to,
- 54:01you know, fraud, attempted murder, you know, just wonderful
- 54:07things. You know, the kind of things you
- 54:08would expect from a bunch of hooligans who are attracted to
- 54:12an opportunity to express their rage and frustration in that
- 54:16society because it didn't give them what they wanted.
- 54:19So this, this is a real danger in the US.
- 54:23You're going to get further polarisation.
- 54:26A problem is the Democrats have nothing to offer at this point.
- 54:29They're actually infighting themselves.
- 54:32They don't like, you know, the mayor of New York because he's
- 54:36he doesn't, he doesn't tick off the boxes that they want.
- 54:43I mean, you start looking at American politics, what does it
- 54:46become? It's party above individual.
- 54:50And surprise, surprise, you don't get leaders when you have
- 54:54a situation where you say you whether you agree or not, if you
- 54:57don't take this box, we're not going to support you.
- 55:00If you don't say, oh, I support Israel, OK, you can't be part of
- 55:04our, our group, right? If you don't say you know,
- 55:07you're, you're for this or against that, you can't be part
- 55:10of our group, We'll take away all of our, you know, our
- 55:14sophisticated machinery and election, Iran elections have
- 55:18become much more money driven and technologically driven.
- 55:22And you need people to do door knocks and you know, you, you
- 55:25need the, the analysis to determine, you know, how you can
- 55:31manipulate people into voting for you.
- 55:34How, what are the major issues? How do you craft answers?
- 55:36All of these things very, very sophisticated.
- 55:38So if you don't have access to that or the money to buy it,
- 55:43you're at a disadvantage. And that's why we don't have
- 55:46third parties and things like that.
- 55:48So the Democrats are offering very, very little at this point.
- 55:51Maybe somebody comes for it. I, it would be wonderful if they
- 55:54did, but I'm not counting on it because of the structure of the
- 55:58party is not aimed at creating leaders.
- 56:01It's aimed at creating people who go along with the special
- 56:04interests that the party is supporting.
- 56:07And, you know, you've seen that clearly.
- 56:09I mean, the Democrats used to be the blue collar party and now
- 56:13you have more blue collar workers going directly for Trump
- 56:18because they feel alienated and, you know, left aside by, you
- 56:22know, what they see is a bunch of liberals who don't really
- 56:25care about their issues. So, you know, but it does come
- 56:31to the head for the rest of the world.
- 56:33Independents do not like what Trump is doing.
- 56:36They don't see it as valuable. It doesn't answer their issues,
- 56:40which are our our bread and butter issues.
- 56:41And of course Democrats are going to knee jerk anything anti
- 56:45Trump is good. So there's going to be a change.
- 56:48The question is how he handles it and whether that results in
- 56:51violence or there's some recourse.
- 56:55The Supreme Court, which, you know, puts it sides its desire
- 56:59to keep Trump in power and says, look, there's limits even to
- 57:03what we will allow you to do if that happens.
- 57:06And the question is, does Donald Trump comply?
- 57:11You know, he didn't comply with the orderly process the last
- 57:13time he lost. He tried to overturn it,
- 57:16organised a riot to try and try to pressure Mike Pence and to
- 57:21not certifying something when he says, look, I'm just a
- 57:23figurehead. I don't make the decision.
- 57:26I have to have AI can't even have a reason.
- 57:28I just get the paper and I read it and that's it.
- 57:32I'm not, I'm not the a judge, jury and executioner here.
- 57:36Pence recently gave, gave, you know, he alluded to his, his
- 57:41message before just recently on the on the anniversary of that,
- 57:45talking about how important it was for him to fulfil his
- 57:49constitutional duty. So you have a lot of turmoil, a
- 57:56lot of chaos. The river is not flowing in One
- 57:59Direction. No one knows where it's going
- 58:02seems to be a flood in other areas and it's, you know, other
- 58:05areas have, you know, no water on them and no one knows exactly
- 58:08where the currents are going. And this indecision is, you
- 58:12know, affecting business. Businesses work on the notion
- 58:16that predictability. I'm going to invest money and
- 58:19then I'm, you know, there is, it's good reason to believe that
- 58:22that money will return to me and and plus profits.
- 58:26But if I don't know what the situation is, there's no way in
- 58:30earth, all right, that I'm going to start investing money unless,
- 58:34you know, I say, well, you know, I can do something in this three
- 58:38years while Donald Trump is president and make all my money
- 58:42back and make a profit, right? Yeah, then I'll do it.
- 58:46But if it's going to go beyond that, we, we, we know when
- 58:49change comes, it's probably going to be fairly dramatic.
- 58:53Will it be good change? I don't know that that's, that's
- 58:56a tall order. We thought that Biden would
- 58:58change things. In actuality, he just carried on
- 59:01many of Trump's positions and, and it was just kind of Trump
- 59:05light. I'm a nicer Trump.
- 59:07I still believe in all that stuff.
- 59:09But I, you know, I have a rationale for it.
- 59:11But I'm, I'm not going to change anything.
- 59:12You know, I'll just be nice to you as I'm taking your stuff.
- 59:17OK, I'll, I'll, I'll cite principle because I, I, you
- 59:22know, I don't like you and I don't understand you and you're
- 59:25not American, so you can't be, you know, you can't be like me
- 59:29and if you're not like me, you can't be good.
- 59:31So, you know, there's a whole set of rationales that go into
- 59:34it. But you know, one of the, at the
- 59:36heart of this I, I hate to point to all the problems without
- 59:39pointing towards solutions. All right, one solution that is
- 59:44absolutely necessary is that America and elites need to
- 59:49reflect. Is what we're doing working for
- 59:53us? And if it's not, let's look at
- 59:56the assumptions that we've made and see which ones are still
- 1:00:00valid. You know, we live in a dynamic
- 1:00:02world. If you're not looking at your
- 1:00:04assumptions, trying to learn, you're really not living a very
- 1:00:08full life. You're kind of on automatic.
- 1:00:12This, and this is absolutely necessary if if the US is going
- 1:00:16to come to this mindset that OK, we're not going to be a hegemon,
- 1:00:20but we can still be a very great power.
- 1:00:23And the question is how do we make ourselves greater by
- 1:00:27cooperating with countries instead of trying to beat them
- 1:00:30into submission or take them over in the cost of trying to
- 1:00:35take over country are very, very steep.
- 1:00:38The the second point is that, you know, the, the, the US has
- 1:00:46to look at how the rest of the world is growing and decide
- 1:00:53whether or not it wants to be part of it.
- 1:00:55And I think the solution is for other countries, especially the
- 1:01:00global S Russia, Central Asia, China to come together and say
- 1:01:07even with Europe and say, we, we're not going to form an
- 1:01:10organisation. We have an organisation.
- 1:01:12It's called the UN. But it's time that we all get
- 1:01:15together. See Lac, you know, the South
- 1:01:17American groups, the African groups, things like that.
- 1:01:21Go to Donald Trump and says, listen, you can do whatever you
- 1:01:26want to your own people in terms of how much you want to tariff
- 1:01:29them. If you want to tax them, that's
- 1:01:30between you and your voters. I'm right.
- 1:01:33We we, you don't, we're not going to comment.
- 1:01:36That's up to you. But you cannot try to pit US
- 1:01:39against each other and some cynical colonial divide and
- 1:01:43conquer game because that's what is happening here.
- 1:01:47And it's time the world just says flatly, we don't agree on
- 1:01:51anything except that you're being a bully.
- 1:01:55And if this happens, Donald Trump has no choice but to Taco.
- 1:02:00And the reason I say that is the US can battle or, you know, to a
- 1:02:05standstill like with Russia and China, or it can actually
- 1:02:09dominate smaller countries, but it cannot fight everybody.
- 1:02:15We still have a huge surplus. That is due to the fact that we
- 1:02:18sell services. If these countries got together
- 1:02:21and said, look, your services are no longer needed, we're
- 1:02:25going to put 500% tariffs on them.
- 1:02:29And you know, basically we're going to end all your consulting
- 1:02:33and your BIG4 accounting firms and things like that.
- 1:02:35We're going to push them out. We have, you know, alternatives
- 1:02:38that way then we can use and we can certainly grow our own
- 1:02:41expertise and we can use European ones, but you're,
- 1:02:45you're finished there. That would take a huge chunk out
- 1:02:47of it. Then everything that's going to
- 1:02:49America, we're going to put tariffs on.
- 1:02:53So we're going to collect the tariffs on this side.
- 1:02:55We're not going to let them do on your side.
- 1:02:58So what, Before they can come to you, All right, if you order
- 1:03:01them, we're going to take money out of it and you're going to
- 1:03:04have to pay more. Given the fragile state of
- 1:03:07America, Donald Trump would have no choice but to say, oh, you
- 1:03:13know, don't take this so seriously.
- 1:03:14We can work this out. Come on, you know, all this
- 1:03:17stuff. He would still try his little
- 1:03:18games and everything like that, but he would be pushed into a
- 1:03:21situation where he have to look in different areas for
- 1:03:25distractions to keep the American public, you know, from
- 1:03:30revolting against him. And that's that's kind of where
- 1:03:34I see things like I think that there is hope, but it's
- 1:03:37collective action is the only hope.
- 1:03:39You can't respond militarily. So you have to respond
- 1:03:42economically. And economically is really where
- 1:03:45America lives. It's why they object to China,
- 1:03:48because China's economics were improving so much.
- 1:03:51They're afraid that, you know, the economics leads, you know,
- 1:03:53in their mind, you know, because it's funny.
- 1:03:57A thief always believes that everyone else is a thief or an
- 1:04:00idiot. All right, So you know, I'm just
- 1:04:04doing to them what they would do to me, right?
- 1:04:07I'm just pre empting them. So there's nothing wrong here,
- 1:04:10right? And idiots, who cares?
- 1:04:12I'm not an idiot. If they're idiots, they deserve
- 1:04:14to, you know, I think deserve to be victims.
- 1:04:16They're there. They're the sheep for people
- 1:04:19like me, the wolf. So there's always a
- 1:04:22justification. So, and that that's kind of
- 1:04:24where America is, and it has to move away from that.
- 1:04:28So let's hope, let's hope that happens.
- 1:04:30Collective action economically is the only rational choice for
- 1:04:37countries to put an end to this kind of marauding, marauding,
- 1:04:42adventurous adventurism that Donald Trump is promoting.
- 1:04:48Wow, Thank you, thank you, thank you for that.
- 1:04:50I mean, I, I, I'm glad I, I had you on my show to, to talk.
- 1:04:54Us soon. Don't say that yet.
- 1:04:56Wait till the reaction comes in and people don't throw darts and
- 1:05:00you know, the CIA shows up at your house and says we need to
- 1:05:03talk to you. Don't talk to that guy.
- 1:05:08Well, that will be another show that that will be the next show.
- 1:05:13That's when you that's when you're doing the Maduro thing,
- 1:05:16an orange jumpsuit, the handcuffs on saying you're an
- 1:05:19enemy of the people. You're a fellow fellow
- 1:05:22traveller. Well, that that would be that
- 1:05:28would be good for TV, that would be good TVI would do it.
- 1:05:31I would do it. I really don't want to see you
- 1:05:34in that situation, Carl. I mean, it might be great
- 1:05:38television, but I guess sure, you prison is no joke.
- 1:05:41I was a prosecutor. I I had to visit these gaols.
- 1:05:45Oh my God. I as a defence attorney, they
- 1:05:47are not good places. The smell you can cut with a
- 1:05:50knife. The people are surprisingly
- 1:05:53because they're criminals. They're not nice either.
- 1:05:58Well, thank you. Thank you Einar for making your
- 1:06:03time to to speak to us if. Really a pleasure.
- 1:06:07If people want to follow your work, where, where would they
- 1:06:10go? I I under Asia narratives sub
- 1:06:15stack I put out some things. Otherwise, I do 14 shows a week
- 1:06:22on average. So if you just type my name and
- 1:06:26you'll, you'll get, you know, different things.
- 1:06:28I, I'm, I don't know, I think 12 different stations in the Middle
- 1:06:34East. A lot of it will be
- 1:06:36unintelligible because they, they don't broadcast my voice,
- 1:06:40just the, the translation Indian TV on probably about 8 or 9
- 1:06:46different ones. And then, you know, Bloomberg,
- 1:06:49BBC, Chinese TV, obviously, but that's only about, I don't know,
- 1:06:5640% of what I do, 60% is global, everything from South Africa,
- 1:07:02Power FM, which apparently is a widely known and broadcast not
- 1:07:07only South Africa, but throughout Africa.
- 1:07:11So I'm, I, I can't complain. I mean, somebody said either I
- 1:07:14did a search on you, you know, AI search and I didn't believe
- 1:07:18it. So I, I, you know, I consulted
- 1:07:20three other ones. They said you, you, you're the
- 1:07:22most prolific guy out there. How do you do it?
- 1:07:25You know, I said, well, I actually, I, I enjoy it, you
- 1:07:31know, to be in many ways I can give answers or what I think are
- 1:07:35answers, but they're my opinion. OK, Hopefully they stir people
- 1:07:39to thinking, but for me, it's the questions that matter.
- 1:07:44When you ask me questions, it tells me about how you're
- 1:07:47thinking. And this is a way of gathering
- 1:07:50information. So I'm always very cognizant.
- 1:07:53I will do the same issue on maybe 7 or 8 different medias
- 1:08:00spanning the world. So hearing what they have to
- 1:08:03say, what they're interested in, which is apparent through the
- 1:08:06questions, is to me the best way of gathering understanding.
- 1:08:12I am not in those countries, but if I hear what they are
- 1:08:15interested in, I, I start to have a better understanding
- 1:08:18where they are. I'm on three think tanks.
- 1:08:21Yeah. Write books, all this kind of
- 1:08:24nonsense. I wouldn't say that I'm a
- 1:08:27paramount of intellectualism, but I, I do enjoy a discussions.
- 1:08:33I enjoy talking to you and hearing, you know, what you're
- 1:08:36thinking about and things like this.
- 1:08:38And hopefully it makes a bit of a difference.
- 1:08:41You have a following that is interested in these affairs.
- 1:08:45And, you know, I always like to read the comments afterwards
- 1:08:49and, and try to learn from them. I believe that, you know, if you
- 1:08:53think you know everything, you're basically intellectually
- 1:08:55dead. If you understand that there's
- 1:08:57so much more to learn, life is more interesting.
- 1:09:00It is. And you know, it gives you hope
- 1:09:03that maybe things can change. If you know everything,
- 1:09:06nothing's going to change. It's why I came to China.
- 1:09:09I love China because they said, oh, I came here in 2000.
- 1:09:13I want to learn. I want to learn not, you know,
- 1:09:15I'm so glad you're here. We want to learn from you.
- 1:09:17And I said, well, I don't think you can learn much from me.
- 1:09:19But the attitude convinced me that if there is going to be a
- 1:09:23renaissance in my lifetime, it would be in China.
- 1:09:26And 21 years later, as of January 7th, I have not been
- 1:09:32disappointed. There's change.
- 1:09:34China has lots and lots of problems.
- 1:09:37But the difference is I notices they eventually recognise this
- 1:09:41is a problem, then they try to solve it.
- 1:09:44In the United States. I lived in a city that was at
- 1:09:48the time the most segregated city in the United States,
- 1:09:51Milwaukee, WI. It's not a bad place to live,
- 1:09:54but it was extremely stratified and had been that way for long.
- 1:09:59Now it's only the third most, you know, stratified city.
- 1:10:05But my point was I would sit with people in the morning who
- 1:10:09ran the Fortune 500 companies. We went to the same Athletic
- 1:10:13Club and, you know, ex ex governors, you know, people who
- 1:10:17really had a tremendous amount of power.
- 1:10:20And and I criticise them and I say, hey, listen, you know, you
- 1:10:23guys, you know everything. You have all the power and
- 1:10:26nothing has changed. And that was 21 years ago.
- 1:10:29And unfortunately, I'd have to say that although there's been
- 1:10:32some incremental changes, very small in terms of the, the
- 1:10:36metrics, in terms of education, safety of the things where
- 1:10:41people live, a cost of living, all of these things, social
- 1:10:45development, it, it just hasn't happened.
- 1:10:48I, I can't say I had a bad experience.
- 1:10:50I ran my own district there, which is definitely still the
- 1:10:56most when I took it over, it was not doing very well.
- 1:11:00Now it's the leading, one of the leading districts not only in,
- 1:11:04in, in Milwaukee, but one in, in the, in the United States as a
- 1:11:09public market. We built, we built connected
- 1:11:12parks, we built river walks, parking structures and it's
- 1:11:17pretty much self contained and self operating and that is good.
- 1:11:22So I, I saw hope there and I saw the opportunity to change.
- 1:11:27But right, you know, 21 years later, all I see is that very
- 1:11:31little has actually changed, that the district continues to
- 1:11:34do well based on the impetus of all the people.
- 1:11:37Because it wasn't just me. There are others involved, many
- 1:11:41involved. It was always a team A-Team
- 1:11:42project, but I haven't seen it spread.
- 1:11:45I was hoping that this would be, you know, bellwether and that
- 1:11:49this would, you know, help the city, you know, think of itself
- 1:11:55as, as something that could change because this area was
- 1:11:59really not in good shape when it took it over.
- 1:12:01I mean, it was worth $16,000,000 and, and, and total value.
- 1:12:06And then when we 10 years later was 720 million.
- 1:12:09Now I'm sure it's well over 1.5 billion, but that has not been
- 1:12:14mirrored in the, in the rest of the of the city.
- 1:12:17Now, this area had specific advantages and things like that,
- 1:12:20but I do think that we, we have to, you know, put away this idea
- 1:12:25of how we think about others because it's a trap.
- 1:12:28Once I, you know, if I'm, I'm a cynic or I'm a criminal or, you
- 1:12:32know, I, I, I lock myself into a way of thinking where I think
- 1:12:38everyone else is the same. And then it's very, very
- 1:12:41difficult to create any real change.
- 1:12:44You, you have to kind of question that.
- 1:12:46And that's what I'm alluding to with America's elite.
- 1:12:49They have, they have to see a crack in the wall and say maybe
- 1:12:54there's something outside my core beliefs that I should be
- 1:12:59paying attention to. Perhaps I should have empathy
- 1:13:02for other people, not disdain. I, I can tell you absolutely,
- 1:13:07Carl, you know, you have empathy.
- 1:13:09That's why I like you and I do your show.
- 1:13:11But there's so many people who don't have empathy.
- 1:13:14And you know, you, you look at Donald Trump, you know, there's
- 1:13:16those two images of him. One one is a, a guy who he knows
- 1:13:20who's up on stage. He's going off the stage.
- 1:13:22He cracks his head open. Donald Trump is rearing back.
- 1:13:26Everyone else is rushing to help the guy.
- 1:13:27He's like standing afraid he's going to get blood on his
- 1:13:30things. And then most recently he's
- 1:13:32speaking and some guy behind him is, I don't know, having an
- 1:13:34aneurysm or a heart attack. And he's like looking at him as
- 1:13:37if he's, you know, interrupting his.
- 1:13:41How dare you interrupt by his speech.
- 1:13:43What are you doing? You know, just stop flopping
- 1:13:45around like that. You're distracting people from
- 1:13:48me. You know, this should be about
- 1:13:50me anyway. He doesn't have empathy, a real
- 1:13:55empathy. And I, I, I'll tell you, I've
- 1:13:58never met a good person who doesn't have empathy and I've
- 1:14:02never met a bad person who does have empathy.
- 1:14:05So it's something to think about once you can get beyond your own
- 1:14:10assumptions and start looking at how other people live and try to
- 1:14:14understand their point of view. I think there is hope.
- 1:14:17All right. But if if you're locked into
- 1:14:19this idea that I'm right, you're wrong, I don't know what I'm
- 1:14:23talking about. I don't know what a basis, but I
- 1:14:24just feel that I'm right. I might be ignorant, but you
- 1:14:28know, that's common sense. I know I'm right.
- 1:14:30Once you get locked into that, then you're going to have the
- 1:14:34problems. And this is not just Trump
- 1:14:36supporters. You have the same thing on the
- 1:14:37far left. They're always convinced they're
- 1:14:40absolutely right and they're willing to do whatever it takes.
- 1:14:44If I have to kill you to save you, so be it.
- 1:14:48You know, the old, the old idea that a lot of religious people
- 1:14:54have had, you know, during the Inquisition, well, you know,
- 1:14:57they're heathens. So if we burn them, God can sort
- 1:15:00them out, right? And then it was all based on, I
- 1:15:04am absolutely right. I, I, I cannot be wrong.
- 1:15:09And that, that, I think, is the real enemy here.
- 1:15:14Well, ladies and gentlemen, I nard tangen I, I have learned a
- 1:15:18lot and every time I really enjoy our conversation.
- 1:15:23Thank you again for for making the time to talk to us and I, I
- 1:15:27look forward to have you back. Anytime you want, Carl.
- 1:15:31I always enjoy these. Although I I feel afterwards, I
- 1:15:34feel like, oh God, you talk too much.
- 1:15:41No, This is why I want you to be on my show, so I can do less
- 1:15:45work. I'm just all I have to do is
- 1:15:47just sit back and and and listen.
- 1:15:49That's all I do. I just I just listen and record
- 1:15:52make my. Job easier.
- 1:15:54I'd like I'd like to interview you one of these days and get
- 1:15:57your pitch on lens because you, you talk to so many different
- 1:16:00people and you know you, you've developed your own perspective
- 1:16:04on so many things and issues. It'd be really wonderful to
- 1:16:08reverse roles sometime now I'll interview you.
- 1:16:12How's that? Feel free, feel free, you know,
- 1:16:16any, anytime we we talk, you can feel free to reverse the table,
- 1:16:20reverse the. Next time then I'll come up with
- 1:16:24some questions for you and things.
- 1:16:26And it's, it's really about how you're thinking about all of
- 1:16:30these things because you, you talked, as I said, you talked to
- 1:16:33so many people and it's bound to have an effect.
- 1:16:35And clearly I can understand your point of view from your
- 1:16:38questions, things like that. But I know there's a lot of more
- 1:16:40nuances in the way you're thinking and looking at stuff.
- 1:16:43And it would be really, really, really nice to hear your voice.
- 1:16:48All right, so deal. Let's do it next time, OK?
- 1:16:53Whenever you're ready, whenever you recovered from this ordeal,
- 1:16:56you can we can think about the next one.
- 1:16:59Yes, thank you IR and thank, thank you everyone for tuning
- 1:17:04in. Until next time, bye bye.