Latest / UK Column Radio / The American Empire is Collapsing Faster than Anyone Thinks | Silk and Steel
Transcript
- 0:00Speaker 1: A call is in the building, my guy, I told you,
- 0:02Speaker 1: Carl will be here.
- 0:03Speaker 2: I told you, I told you guys, I got to
- 0:05Speaker 2: add call in the mooth.
- 0:07Speaker 1: Let me see. I'm working. Hold on, I want to say,
- 0:10Speaker 1: and hot my guys in there. Let me bring them on.
- 0:17Speaker 1: I'm doing pretty good, Carl. I was.
- 0:20Speaker 2: I was just addressing the people, and I was telling
- 0:23Speaker 2: them about this kabookie theater that went on between Vinjamin
- 0:27Speaker 2: and Yahoo and Donald Trump, this so called argument that
- 0:30Speaker 2: took place behind closed doors, that was conveniently leaked when
- 0:34Speaker 2: both poll numbers were down, when both were under pressure,
- 0:38Speaker 2: when both needed a way out, and when both from
- 0:42Speaker 2: both populas were saying that each one of them was
- 0:44Speaker 2: the puppet of the other one, and this just so
- 0:47Speaker 2: happened to come out right at the right time to
- 0:50Speaker 2: benefit both of them.
- 0:51Speaker 1: What do you have to say about this mess?
- 0:52Speaker 3: Call?
- 0:53Speaker 4: Yeah, I mean, people don't even understand. There's no investigtive
- 0:57Speaker 4: gative journalism in Washington right now. Everything is access journalism.
- 1:02Speaker 4: So what that means if it's leaked, it's lead for
- 1:06Speaker 4: a reason. And the reason, as you mentioned, is this
- 1:10Speaker 4: kabuki theater. Like oh, like there's some drama between Trump
- 1:15Speaker 4: and Nteyahu. That's nonsense. There's no daylight between these two.
- 1:19Speaker 4: They are doing what they can to create distraction. You know, Trump,
- 1:24Speaker 4: for his part, he is trying to move away from
- 1:26Speaker 4: the Epstein file, which he has very successfully been doing
- 1:30Speaker 4: by launching the ground war, and Theta Yahoo is trying
- 1:34Speaker 4: to get out of jail. Right. So, these these two
- 1:37Speaker 4: are working toward a common go here, and their common
- 1:41Speaker 4: go again is to further is really interest in the
- 1:46Speaker 4: Middle East. United States is finding this war on behalf
- 1:51Speaker 4: of Israel because this is how they see it, This
- 1:56Speaker 4: is a greater Israel Israel project is coming into being.
- 1:59Speaker 4: They have talked about this for decades, you know, like
- 2:03Speaker 4: they had this a new Map for Middle East project
- 2:07Speaker 4: that was back in like nineteen ninety six or nineteen
- 2:10Speaker 4: ninety seven, that was first proposed to the T Yahoo
- 2:14Speaker 4: by Daniel Pipe, a rare Desigonist. And then then they
- 2:22Speaker 4: you know, around just before before they George W. Bush
- 2:27Speaker 4: launched the Golf Golf War, launched the Iraq War. There
- 2:31Speaker 4: was this project for seven countries, uh what seven seven
- 2:36Speaker 4: countries seven years and right now they have hit five
- 2:40Speaker 4: years that the Iran was a little bit delayed, you know,
- 2:43Speaker 4: they hold off on striking Iraq until you know, this year,
- 2:48Speaker 4: but now they have struck every country on the list.
- 2:52Speaker 4: So this is this is all going according to the plan.
- 2:56Speaker 4: And and but right now they are facing a big problem.
- 3:00Speaker 4: You know, one big problem is called the strat or
- 3:02Speaker 4: homoz and they have no good answer for that because
- 3:07Speaker 4: if they're if they're able to open this rat or hobbus,
- 3:10Speaker 4: guess what they would have done it already. The fact
- 3:13Speaker 4: that they still haven't done it. And then and if
- 3:16Speaker 4: Trump keep on playing this theater where he says there's
- 3:20Speaker 4: gonna be a deal and then a week later he says,
- 3:23Speaker 4: now it's back to bombing you wrong again. This is
- 3:26Speaker 4: because he doesn't have He does not have an exit plan.
- 3:32Speaker 4: He does not have a strategy to resolve the crisis.
- 3:36Speaker 4: So what he does is he he do it like
- 3:39Speaker 4: he go live, live in a moment. He's living in
- 3:42Speaker 4: the moment. Let's just let's just prolong this crisis, you know,
- 3:46Speaker 4: because he doesn't care how he will impact average people
- 3:49Speaker 4: around the world. It is impact average people around the
- 3:52Speaker 4: world because the few prices has been shooting up and
- 3:56Speaker 4: the energy is at the basis of modern life. You know,
- 4:00Speaker 4: everything is associated with energy. So everything is going up.
- 4:05Speaker 4: But Trump, for Trump's you know that that that's not
- 4:07Speaker 4: a matter. Let's let's just let's live another day, you know.
- 4:11Speaker 4: And so he continually created the theater, including this Kabooki
- 4:16Speaker 4: theater as you call it with Natiyapu, to distract the public.
- 4:20Speaker 4: That's what he does best because he is a reality
- 4:23Speaker 4: TV show host. He knows how to play it up
- 4:26Speaker 4: for the television, how to create drama, how to create distraction.
- 4:30Speaker 4: And guess what, the media, the and some Trump's followers
- 4:38Speaker 4: just fall right into it. They just like you know,
- 4:42Speaker 4: it's like, uh, they just fall right into into Trump
- 4:46Speaker 4: Trump's trap, I mean, the same playbook. He always does
- 4:51Speaker 4: this over and over and over again. But the real
- 4:55Speaker 4: problem right now, if look, if there's a real break
- 5:00Speaker 4: between the United States and Israel, Trump would just have
- 5:04Speaker 4: call it a day and say, you know what, that
- 5:06Speaker 4: was a mistake to attack Iran. Let's uh, let's let's
- 5:10Speaker 4: let's let's do what Iran says and pay reparations. Because
- 5:16Speaker 4: right now the United States is spending two billion dollars
- 5:19Speaker 4: a day. We're now, what's three months into this war,
- 5:23Speaker 4: now more than three months. We have already United States
- 5:27Speaker 4: have already spent more money than what Irang is asking
- 5:31Speaker 4: for in reparation. You know they could have you know,
- 5:36Speaker 4: United States will never say they will pay reparation, but
- 5:40Speaker 4: they can say will provide aid International aid, right, so
- 5:46Speaker 4: so like a face saving way for them to pay
- 5:48Speaker 4: up the money. But they will never do that because again,
- 5:53Speaker 4: the ta Yahoo has he has to prosecute his plan
- 6:00Speaker 4: dominating in Middle East, and Trump's White House is his
- 6:06Speaker 4: means to do it. And this is Trump is his
- 6:08Speaker 4: best chance. That They have been pressuring United States government
- 6:12Speaker 4: to do work on Iran since forever, since since since
- 6:15Speaker 4: the late nineteen nineties, I mean like now, it's a
- 6:19Speaker 4: generation later. This they have realized Trump is their best,
- 6:24Speaker 4: perhaps last chance to get this done. So they're not
- 6:28Speaker 4: gonna let it ease up anytime soon.
- 6:34Speaker 2: Thank you for the five dollars super check Spark seven.
- 6:38Speaker 2: Let's not forget that they've been playing these games over
- 6:41Speaker 2: and over. Remember when there was the so called Elon
- 6:43Speaker 2: Musk Trump split, and then Elon Musk started supplying the.
- 6:52Speaker 1: Darling terminals to Ukraine.
- 6:54Speaker 2: And all of the top of that, he started getting
- 6:57Speaker 2: more and more US contracts under Trump as they're supposed
- 7:02Speaker 2: to be at each other's throat. So this, this kabuki
- 7:05Speaker 2: theater is very u to me. It mesmerizes most of
- 7:10Speaker 2: the masses because they have short memories, and I believe
- 7:13Speaker 2: this is what they count on. Now when we talk
- 7:15Speaker 2: about Iran and and and then in Yahoo and thinking
- 7:19Speaker 2: that this is his last chance. Let us not forget
- 7:22Speaker 2: that those war hawks in the in the White House
- 7:26Speaker 2: and in London and then Brussels also believed that this
- 7:29Speaker 2: may be their last chance to weaken Russia and also
- 7:34Speaker 2: to prevent China's breakout capacity. Because remember they all and
- 7:39Speaker 2: some of the thing tanks, they had the writings that
- 7:41Speaker 2: if they could take Iran in Afghanistan, they could be
- 7:44Speaker 2: writing the very hard and could prevent China from breaking
- 7:48Speaker 2: out as a as a pure power to the United
- 7:51Speaker 2: States and Europe. So this is not on my end,
- 7:54Speaker 2: this is from my my This is not just at
- 7:58Speaker 2: in Yahoo plan.
- 8:00Speaker 1: I think he is just a byproduct and he wants.
- 8:02Speaker 2: To benefit from the greater plan of trying to keep
- 8:05Speaker 2: American legimity against Russia and China. So it roll figures
- 8:10Speaker 2: into both for their plans. When it comes to weekend
- 8:13Speaker 2: in China and weakend in Russia. What do you have
- 8:16Speaker 2: to say about that?
- 8:17Speaker 4: So, you know, most famously the neo k think tank
- 8:21Speaker 4: Hudson Institute has been promoting that line. They've been saying
- 8:25Speaker 4: this Trump playing five dimensional chests, you know, to ultimately
- 8:29Speaker 4: get to China. But look at China today. China has
- 8:35Speaker 4: the world's largest strategic oil reserve. It's bigger than United States,
- 8:41Speaker 4: Europe and Japan combined, sitting at one point four billion
- 8:46Speaker 4: barrels of oil. Guess what we's three months into the war.
- 8:50Speaker 4: China barely draw down its strategic oil reserve. Why because
- 8:54Speaker 4: oil keep on coming in and China has been reducing
- 8:58Speaker 4: its oil dependency through their massive TV push and and
- 9:04Speaker 4: so the result is China have no shortages. And and
- 9:10Speaker 4: Chinese fertilizers they're made from coal. China have the cold
- 9:15Speaker 4: to gassification process. That's how they You know, normally people
- 9:20Speaker 4: make fertilizer use natural gas, but in China they have
- 9:24Speaker 4: the cold to get because China has a lot of coal.
- 9:26Speaker 4: So China use cold to gassification process to generate fertilizers.
- 9:31Speaker 4: And China produces anywhere from twenty five percent to one
- 9:35Speaker 4: third of the world's fertilizer supply. China is the world's
- 9:39Speaker 4: largest producer fertilizers, So the Chinese farmers, they are getting
- 9:43Speaker 4: plenty of fertilizer for their spring harvest, for for their
- 9:48Speaker 4: for their annual crops. It's it's people like American farmers
- 9:54Speaker 4: are suffering right now because they're the one despite the
- 10:00Speaker 4: fact that the United States have plenty of natural gas
- 10:03Speaker 4: and US is a huge exporter of natural gas, but
- 10:07Speaker 4: the companies, the big oil majors that rather export those
- 10:12Speaker 4: expensive lgs to Europe, to Japan, to India to make profit.
- 10:16Speaker 4: So what that resulting is an increase of natural gas
- 10:20Speaker 4: prices for everybody, even for Americans. And because it makes
- 10:25Speaker 4: fertilizers from natural gas. In the United States, seventy five
- 10:30Speaker 4: of the farmer says they cannot afford the increasing fertilizer
- 10:33Speaker 4: prices in US. So what that what that means is
- 10:40Speaker 4: the harvest is going to be impacted just just later
- 10:45Speaker 4: this year. I mean there's going to be food shortages,
- 10:48Speaker 4: and China is the least impacted nation right now. They
- 10:52Speaker 4: actually just lifted their export control on refined petroleum products.
- 11:00Speaker 4: China is while it's the largest importer of crude oil,
- 11:04Speaker 4: is actually one of the large exporter of gasoline, diesel,
- 11:09Speaker 4: jet fuel, and fertilizers because China has a large refining capacity.
- 11:15Speaker 4: So China just recently lifted their export control on on fertilizers, gasoline, diesel,
- 11:23Speaker 4: and jet fuel. Uh. This actually saved a lot of
- 11:27Speaker 4: countries in the Southeast Asia right now, including the Philippines.
- 11:32Speaker 4: You know, the Philippine Defense minister recently made a remark,
- 11:36Speaker 4: he said, oh, China giving us exporting us a fertilizer
- 11:41Speaker 4: and and and gasoline. That's that's that's just that's a god,
- 11:45Speaker 4: that's there. That's the trick. They're trying to win good will.
- 11:48Speaker 4: But but but let's let's not, let's not. Let's let's
- 11:52Speaker 4: not ignore the fact that China is still bad. I mean,
- 11:55Speaker 4: like this is they're running out of narratives, right. China
- 12:00Speaker 4: is literally saving his country's ass right now by providing
- 12:04Speaker 4: the field the Philippines desperately need. So oh, in all,
- 12:09Speaker 4: China is doing fine. You know, this is actually a
- 12:12Speaker 4: good fire drove for China because US Navy has constantly
- 12:17Speaker 4: talking about blockading the Strait of Hormuz to choke off
- 12:21Speaker 4: Chinese energies. Well, guess what, this is a trial run
- 12:24Speaker 4: and China has been holding out pretty well. Three months
- 12:28Speaker 4: into the war, they have barely drawed down their strategic
- 12:31Speaker 4: oil reserve as opposed to Japan. Japan actually has drawed
- 12:36Speaker 4: down heavily on its strategic oil reserve, which actually is
- 12:40Speaker 4: one of the world's largest. And this is why we
- 12:45Speaker 4: have seen price increases. But we haven't seen pricing increases
- 12:48Speaker 4: like crazy at this point because we're still being cushioned
- 12:53Speaker 4: by the drawdown general drawdown of the strategic petroleum reserve
- 12:57Speaker 4: all around the world, in United States, in Japan, and
- 13:00Speaker 4: in Europe. That that once that that strategic oil reserve
- 13:07Speaker 4: runs drive, that's when shit really hits a fan. And
- 13:12Speaker 4: and right now already seventy five percent of the farmer
- 13:15Speaker 4: couldn't afford the increased pricing fertilizer. When the United States
- 13:19Speaker 4: is one of the largest producer of natural gas and
- 13:22Speaker 4: largest exporter of natural gas. Think what it means further
- 13:27Speaker 4: down the road. It's it's only gonna get worse from here.
- 13:30Speaker 4: But again, Donald Trump doesn't care about that. Donald Trump.
- 13:35Speaker 4: All Donald Trump knows is what he knows best, which
- 13:39Speaker 4: is continually create distractions so people don't focus on his
- 13:44Speaker 4: failures and don't focus on his Epstein associations.
- 13:50Speaker 2: You know, Larry Johnson was telling me that Joe Biden
- 13:55Speaker 2: was the one who started draining the strategic oil reserve,
- 13:59Speaker 2: and when Trump came in the office, instead of him
- 14:01Speaker 2: filling them back up, he started drawing down him too.
- 14:05Speaker 2: And then and and now he's artificially trying to suppress
- 14:10Speaker 2: the the gas prices by continually drawing down the reserves,
- 14:16Speaker 2: which later on in a matter of weeks to months,
- 14:19Speaker 2: will hit hit hard.
- 14:22Speaker 1: It will hit.
- 14:22Speaker 2: Freight, it will hit transit, it will hit train, it
- 14:25Speaker 2: will hit cargo, it would hit shipping, trucking, everything. And
- 14:30Speaker 2: this is something that they want to hide. But I
- 14:32Speaker 2: want to play something that goes along the lines of
- 14:34Speaker 2: what you just said. And from a from a Chinese official,
- 14:38Speaker 2: and this is what he had to say.
- 14:42Speaker 5: China has finally so model of success, a mode of
- 14:47Speaker 5: modernization which works on the whole very well, and putting
- 14:55Speaker 5: model of success called model modernization which works on hope
- 15:01Speaker 5: very well. And politically, if the US or American model
- 15:08Speaker 5: Western model election, the Chinese model is a selection plus election.
- 15:13Speaker 5: Selection is far more important, so we produce far more
- 15:16Speaker 5: competent leaders than the Western model. Economically, it's a mixed
- 15:21Speaker 5: economy in which the state and the market play complementary role.
- 15:28Speaker 5: And socially, the model is interesting because rather than not
- 15:33Speaker 5: this kind of confrontation between state and society, society, it's
- 15:38Speaker 5: a dynamic positive interaction between society and the state. So
- 15:44Speaker 5: society is very dynamic, and state's reaction to state demands.
- 15:48Speaker 1: It also much more efficient.
- 15:50Speaker 5: So this is the difference between Chinese model and Western model.
- 15:53Speaker 5: So China's external dependency for its energy is only fifteen percent,
- 16:01Speaker 5: mainly oil and petrol. The rest is in China, it's
- 16:07Speaker 5: roughly out fifty four percent coal energy, covide energy, it's
- 16:13Speaker 5: still very important, but it's a through clean way of
- 16:17Speaker 5: developing coal energy and then this renewed energy roughly twenty percent.
- 16:26Speaker 5: The rest is the petrol.
- 16:28Speaker 1: And the gas.
- 16:29Speaker 3: And so this is an interesting combination of Chinese energy structure.
- 16:35Speaker 3: It's very different from the German approach, which is in
- 16:38Speaker 3: want to have a green energy, then they explode the
- 16:41Speaker 3: covided plants and then stop all the nuclear energy plant.
- 16:47Speaker 3: So China's NUCN also doing well, and we have good
- 16:50Speaker 3: cooperation with Russia as well on this.
- 16:52Speaker 2: Yeah, so what he was saying is that China is
- 16:58Speaker 2: eighty four to eighty five five percent self sufficient when
- 17:02Speaker 2: it comes to energy, which means that the choking off
- 17:06Speaker 2: of the Malacca Straight would not really mean much to
- 17:10Speaker 2: China because China has just found new oil wells and
- 17:15Speaker 2: in China, plus they have the power of Siberia one
- 17:18Speaker 2: and two and UH, and this is going across the
- 17:21Speaker 2: lot and they've they've started the shipping freight line to
- 17:25Speaker 2: to Iran. They're doing it, they're getting ready to do
- 17:28Speaker 2: it through Pakistan. So, UH, the leverage that America thought
- 17:33Speaker 2: that she had against the Chinese, she's quickly losing it.
- 17:36Speaker 2: So do you think this is one of the reasons
- 17:39Speaker 2: that she's going ballistic. She's she's being chaos going on
- 17:43Speaker 2: with Pakistan to keep Pakistan off balance. She's bumming Iran
- 17:48Speaker 2: to keep Iran at war so that they can't focus
- 17:52Speaker 2: on Uh its house.
- 17:54Speaker 1: And then it is trying to bribe.
- 17:57Speaker 2: India because they know that India is still has a
- 18:00Speaker 2: lot of holdovers from the imperial days, to try to
- 18:03Speaker 2: keep China guessing so that they can build, you know,
- 18:08Speaker 2: build a little time to get themselves ready for a
- 18:10Speaker 2: confrontation with China.
- 18:13Speaker 4: Well, the United States is playing the spoiler role now
- 18:17Speaker 4: because you cannot compete with China in providing investment infrastructure
- 18:22Speaker 4: to the global South nations. So it decided, you know what,
- 18:26Speaker 4: if I can't be if I can't compete in that arena,
- 18:29Speaker 4: that's fine. I can compete the Townia Harden way. I'm
- 18:33Speaker 4: just gonna take a baseball back to every to everyone.
- 18:38Speaker 4: And that's how United States compete nowadays, they they are
- 18:43Speaker 4: playing the spoiler role. Uh, you know, we'll just wreck
- 18:47Speaker 4: it if I can. If I cannot have it, I'm
- 18:49Speaker 4: just gonna wreck it.
- 18:51Speaker 6: You know.
- 18:51Speaker 4: This is like the five year old way of dealing
- 18:54Speaker 4: with things. You know, like you know a lot of
- 18:57Speaker 4: ways in the United States is like the top with
- 19:00Speaker 4: a gun, you know, which is a very dangerous combination.
- 19:04Speaker 4: And they they you know, initially, what they try to
- 19:09Speaker 4: do is they try to light up fire over the world.
- 19:12Speaker 4: So you make United States seem this land of calm,
- 19:17Speaker 4: in the land of oasis and calm in the midst
- 19:21Speaker 4: of a world lit of fire. And that way, all
- 19:24Speaker 4: the investment, all the money will continue to flow into
- 19:28Speaker 4: the United States, flow into the US treasury, US housing market,
- 19:32Speaker 4: US stock market. That strategy has been working for a while,
- 19:39Speaker 4: but there's only up to a point. These kind of
- 19:43Speaker 4: models is not sustainable. It's working until it doesn't, you know,
- 19:48Speaker 4: because right now they're funneling all that money into what
- 19:52Speaker 4: into AI, into the AI, which is a gigantic bubble
- 19:56Speaker 4: of like unseen proportions right now. And they were counting
- 20:01Speaker 4: on but you know, they were counting on continual investment
- 20:04Speaker 4: from like the golf monarchies. You know, they're counting on
- 20:08Speaker 4: the to recycle all that petrol dollars back into the
- 20:12Speaker 4: US doock market back into those AI companies. That's why
- 20:16Speaker 4: when they announced the five hundred billions called Dargate project,
- 20:21Speaker 4: they were counting on that money coming from Middle East.
- 20:23Speaker 4: They don't have the five hundred billion dollars they were
- 20:26Speaker 4: counting for all the GCC countries to cop up withiness money. Well,
- 20:30Speaker 4: guess what, Kuwait hasn't sold any oil since the war started,
- 20:35Speaker 4: and and those GCC countries right now they are looking
- 20:40Speaker 4: elsewhere to part their money. Right now, you've just been
- 20:45Speaker 4: reported Hong Kong just passed surpassed Switzerland as the top
- 20:50Speaker 4: destination for like money flow. And this is because all
- 20:53Speaker 4: these golf money. They also have realized, Okay, what this
- 20:59Speaker 4: is the game. The jig is up. They're now seeking
- 21:02Speaker 4: safe haven for their for their for their for their
- 21:06Speaker 4: oil dollars and so so money is now actually flowing
- 21:10Speaker 4: into China into Southeast Asia where they seek to park it.
- 21:14Speaker 4: And this is why ultimately the AI bubble will not
- 21:19Speaker 4: be able to be sustainable in the United States for
- 21:21Speaker 4: for a host of reasons. One of the reasons is
- 21:24Speaker 4: the money will eventually dry up. Two And the whole
- 21:28Speaker 4: premises is completely flawed because their ideas, We're just going
- 21:33Speaker 4: to build up AI centers up the wazoo in the
- 21:37Speaker 4: United States and then we will use this AI center
- 21:40Speaker 4: to power super intelligence AI that will replace all the
- 21:44Speaker 4: white collar workers in the United States. But so far,
- 21:48Speaker 4: you know, like so far as all this AI company
- 21:51Speaker 4: hasn't generated any amount of the profit that will justify this,
- 21:57Speaker 4: like in saying amount of money that's going to into
- 22:00Speaker 4: building these data centers, and those data center gets what.
- 22:03Speaker 4: They're very energy hungry, they're very very energy intensive. And
- 22:08Speaker 4: United States power generation, the power grid hasn't kept up.
- 22:13Speaker 4: The US power generation is about it's kind of flat
- 22:16Speaker 4: for the last twenty years, where or as if you
- 22:18Speaker 4: see China's graph Chinese power generation goes straight up, you know,
- 22:23Speaker 4: like that like some way. Wait, you said, China, don't
- 22:25Speaker 4: put all eggs in one basket. China both developed coal, hydro, solar, wind,
- 22:32Speaker 4: and nuclear, and they're they're they're firing away in all
- 22:36Speaker 4: cylinders and they're increased. The electricity in China is much
- 22:40Speaker 4: much cheaper than it is in the United States. And
- 22:43Speaker 4: on top of that, so what what does AI data
- 22:45Speaker 4: center do in the United States? They start cannibalizing the
- 22:49Speaker 4: civilian utility of the electricity. This is why electric prices,
- 22:54Speaker 4: electric prices for everybody else in the United States is
- 22:57Speaker 4: going up because it's all those electricity has been gobbling
- 23:01Speaker 4: up by these data centers. And some of the some
- 23:04Speaker 4: of the AI companies trying to get a round of
- 23:06Speaker 4: the limitation of the US power generation problem by build
- 23:11Speaker 4: their own power generators. They use gas turbine to to
- 23:17Speaker 4: to to power their AI center. Well, guess what the
- 23:19Speaker 4: gas turbine is power by Its powered by natural gas,
- 23:23Speaker 4: and the natural gas price has been going up. So
- 23:27Speaker 4: the problem is United States is a petrol state. You
- 23:30Speaker 4: know right now, the United States is a petrol state.
- 23:33Speaker 4: United States is forty percent more dependent on oil than
- 23:37Speaker 4: China is. China is transitioning into an electric state. This
- 23:41Speaker 4: is why they have been electrifying all their train lines,
- 23:45Speaker 4: that they have been electrifying their transport that they're now
- 23:49Speaker 4: put They're now trying to making even the heavy trucks
- 23:53Speaker 4: around on electricity, which is not the case in the
- 23:57Speaker 4: United States. You know, all these trucks in high in
- 24:02Speaker 4: US highways, they run on diesel, and the diesel prices
- 24:05Speaker 4: are increasing. So this is uh, you know, like it's
- 24:10Speaker 4: this is like you know, for the people who play civilization,
- 24:14Speaker 4: you know, sith sith uh. This is like you you
- 24:17Speaker 4: you you you you developed the wrong technology technological trade tree.
- 24:22Speaker 4: And then this is what United States is doing right now.
- 24:26Speaker 4: Donald Trump has bet he's he's going all in on
- 24:30Speaker 4: oil because oil, big oil is his sponsors. These are
- 24:34Speaker 4: one of the biggest Republican donors and those the biggest
- 24:37Speaker 4: uh uh people who gave him money. And those oil
- 24:42Speaker 4: companies are profiting right now. There shall when they reported
- 24:46Speaker 4: their quarterly early for the first quarter, they doubled the
- 24:50Speaker 4: profit from this from the from the quarter, uh from
- 24:53Speaker 4: from their last quarter. And this is that only a
- 24:56Speaker 4: cover that. So their their first quarter was January through March.
- 25:02Speaker 4: You know, the war only kicked off at the end
- 25:05Speaker 4: of Februarybruary eighth, so that means the next quarterly airing report,
- 25:10Speaker 4: he's going to be more gambusters. But everyone else in
- 25:16Speaker 4: America and around the world are paying the price. We
- 25:19Speaker 4: are funding the oil company's profit. But that that that again,
- 25:24Speaker 4: it's not a bug, it's a feature. This is how
- 25:26Speaker 4: American system is designed to do. It's designed to take
- 25:29Speaker 4: the money from the poor and give it to the ridge.
- 25:32Speaker 4: And this is the difference between the Chinese system and
- 25:35Speaker 4: American system because you know, investor Eric Lee famously said
- 25:40Speaker 4: in China, you can't change the you cannot change the party,
- 25:44Speaker 4: but you can't change the policies. In the United States,
- 25:48Speaker 4: you can change the party, but you cannot change the policies.
- 25:51Speaker 4: You know, because a UNI party may it's it's always
- 25:55Speaker 4: prosecutes the same policy. So it doesn't matter whether sleepy
- 25:59Speaker 4: Joe or pedophile Trump, it's the same. The resounding is
- 26:03Speaker 4: the same. The United States will continue to feed his
- 26:08Speaker 4: military industrial complex, which needs to be fed constantly to
- 26:14Speaker 4: justify those stock prices of Rockey, Martin and Boying, you
- 26:19Speaker 4: know which they have been doing well as well, and
- 26:22Speaker 4: but but you know again, it is at the expense
- 26:26Speaker 4: of everybody else.
- 26:29Speaker 2: And you know, speaking of that, for people who are listening,
- 26:32Speaker 2: don't forget that Trump has about fifteen billionaires on it
- 26:36Speaker 2: in his administration, not including himself and win have the
- 26:40Speaker 2: billionaires truly cared about the little man on the totem pole.
- 26:44Speaker 2: And as a matter of fact, this is what he
- 26:46Speaker 2: had to say about how much he cared about the
- 26:49Speaker 2: suffering of people because of his policy.
- 26:56Speaker 4: Righting what extended our American finances?
- 27:02Speaker 1: Make it motivating you to make it the on not
- 27:05Speaker 1: even a little bit.
- 27:06Speaker 7: The only thing that matters when I'm talking about Iran,
- 27:09Speaker 7: they can't have.
- 27:10Speaker 4: A nuclear weapon.
- 27:11Speaker 6: I don't think about American financial situation.
- 27:14Speaker 4: I don't think about anybody.
- 27:16Speaker 8: I think about one thing.
- 27:17Speaker 4: We could not let Iran have a nuclear weapon.
- 27:20Speaker 3: That's all.
- 27:21Speaker 9: That's the only thing that.
- 27:24Speaker 7: We Thank you for watching and remember stay updated on
- 27:27Speaker 7: breaking news and top stories on the NBC News app
- 27:30Speaker 7: or watch live on our YouTube channel.
- 27:39Speaker 1: He doesn't care about the suffering of the people.
- 27:42Speaker 2: Everybody, All of the intelligence agency said Iran was not
- 27:46Speaker 2: seeking a nuclear weapon. All of the US intelligence ad,
- 27:52Speaker 2: the I E. A e A, even said that Iran
- 27:56Speaker 2: was still in compliance with the j c p o
- 27:58Speaker 2: A even when the United States in Germany and the
- 28:00Speaker 2: rest of the partners jump out of that. And this
- 28:03Speaker 2: man is talking about, I don't care about how the
- 28:06Speaker 2: people are suffering. I just care that it run doesn't
- 28:08Speaker 2: get a bomb.
- 28:09Speaker 1: Uh. And we know that's that's just a kabooki theater. Again.
- 28:14Speaker 1: He is just trying to, as you say, the war
- 28:18Speaker 1: machine must be fed.
- 28:20Speaker 2: And while it's being fed, they want to weaken Russia
- 28:27Speaker 2: to challenge American hadimity, don't you think so?
- 28:34Speaker 4: Yeah, But the problem is the more Trump does, it
- 28:37Speaker 4: only accelerates American imperial decline. You know, like this is
- 28:41Speaker 4: why Trump is actually very popular in China, but not
- 28:44Speaker 4: for the reason all the MAGA boosters care about. Because
- 28:49Speaker 4: Chinese loved Trump because he's the best president for the
- 28:52Speaker 4: United of the United States for China. You know that
- 28:55Speaker 4: the longer he's in the office, the more Havoc is
- 28:58Speaker 4: weaking the American created post war international system, and it's
- 29:05Speaker 4: destroying American credibility and American power. So it's great, you know, Trump, Trump,
- 29:10Speaker 4: Trump forever, But Trump is not Trump. Trump is not
- 29:17Speaker 4: good for for for for America. Trump is not good
- 29:20Speaker 4: for for for American society. And but the sad thing
- 29:26Speaker 4: is there's nothing, there's very little can be done about
- 29:31Speaker 4: it because you know, all the Democrats they're basically kind
- 29:36Speaker 4: of mom on the issue because they're on the same
- 29:39Speaker 4: side as Trump. You know, they would they they are.
- 29:43Speaker 4: The only difference they have with Trump is they want
- 29:46Speaker 4: to be doing the Israelis bitting themselves. They want to
- 29:51Speaker 4: be in the White House to do Israel's bitty rather
- 29:54Speaker 4: than Trump doing that. So that's the only difference between
- 29:58Speaker 4: these two. So this is why I don't I don't
- 30:01Speaker 4: see much more change. You know, like a lot of
- 30:05Speaker 4: Americans voters art distribution, they have mouth has realized they're disenfranchised.
- 30:11Speaker 4: But what can what can be done? Well, you know,
- 30:15Speaker 4: there's very little that can be done because you know,
- 30:19Speaker 4: right now they're embedding volunteer at every level of the government,
- 30:24Speaker 4: you know, to to build this surveillance state. They are
- 30:27Speaker 4: accusing China of being you know, every accusation is a
- 30:31Speaker 4: confession there and and then you have talenteer cfo ct
- 30:37Speaker 4: O CEO coming out and saying, oh, you have to
- 30:41Speaker 4: give us all give us all this power because we
- 30:44Speaker 4: cannot afford to lose in this fight against China. And
- 30:48Speaker 4: then you have all these people on Twitter coming out like,
- 30:51Speaker 4: why is there so many doomrism in America right now?
- 30:55Speaker 4: Why everybody is so so so being such doomor about
- 30:58Speaker 4: America's prospect. We are still winning, We are still winning
- 31:02Speaker 4: leading China in the AI race. But the question, like
- 31:07Speaker 4: what they're not asking the right question. The reason a
- 31:11Speaker 4: lot of Americans are rumers right now.
- 31:13Speaker 9: Maybe because they don't want Volunteer to win, you know,
- 31:17Speaker 9: because they realize the so called winning against China does
- 31:21Speaker 9: not benefit average American citizens.
- 31:24Speaker 4: It benefits the shareholder of Lackey Martin, a boy of
- 31:30Speaker 4: raytheon of Polunteer, you know, and it does not benefit
- 31:36Speaker 4: average Joe. So every maybe everybody wants American empire to
- 31:41Speaker 4: fail because, you know, people have now realized the American
- 31:45Speaker 4: Empire actually does not benefit America. It's actually to the
- 31:50Speaker 4: detriment of everybody else for the benefit of a few.
- 31:56Speaker 4: You know.
- 31:56Speaker 2: It's amazing that you brought up that the view in
- 31:59Speaker 2: China because of a friend of mine and co hosts
- 32:02Speaker 2: from time to time on the platform. His name is
- 32:04Speaker 2: Rashid also, and he and I were laughing about this a.
- 32:08Speaker 1: Few days ago.
- 32:09Speaker 2: We said we all to put on our magahats and
- 32:12Speaker 2: shirts because Trump is doing such a hell of a
- 32:15Speaker 2: job bringing down the American Empire, and maybe we should
- 32:20Speaker 2: be supporting them to help bring them in. He is
- 32:22Speaker 2: actually speeding up the demise and fall of the American Empire.
- 32:26Speaker 2: And he and I we were laughing about this behind
- 32:28Speaker 2: closed doors. But I want you to listen to this.
- 32:32Speaker 2: These are Trump. These are Trump employees or former Trump employees,
- 32:39Speaker 2: as he became after he became president. But this is
- 32:43Speaker 2: what they were saying about him prior to him becoming president.
- 32:47Speaker 1: So let's see all right here we are.
- 32:51Speaker 8: There is no way we are going to allow a
- 32:53Speaker 8: con artist to take over the conservative movement. And Donald
- 32:55Speaker 8: Trump as a con.
- 32:56Speaker 7: Artist, it's typical Trump, all bluster, very little substance.
- 33:01Speaker 10: For you to think that you can pimp out our
- 33:03Speaker 10: proud servicemen and women to the Prince of Saudi Arabia
- 33:05Speaker 10: is disgraceful and it once again shows that you are
- 33:08Speaker 10: unfit to serve as our commander in chief.
- 33:10Speaker 11: Trump is a really bad candidate, and frankly, I think
- 33:13Speaker 11: a really bad person.
- 33:15Speaker 1: I want to talk to that Trump support it for
- 33:16Speaker 1: a minute.
- 33:17Speaker 11: I don't know who you are, and I don't know
- 33:18Speaker 11: why you like this guy.
- 33:20Speaker 6: Well, I think the problem is Number one, he's a bully,
- 33:24Speaker 6: and you know I don't like bullies.
- 33:26Speaker 8: This is what happens when a leading presidential candidate goes
- 33:30Speaker 8: around feeding into a narrative of anger and bitterness and frustration.
- 33:33Speaker 7: This is a guy who said that that John McCain
- 33:36Speaker 7: is not a war hero, yet he sought his own
- 33:38Speaker 7: five military deferments.
- 33:41Speaker 10: There's nothing in our constitution that gives you the power
- 33:43Speaker 10: to go to war without the express consent of Congress.
- 33:47Speaker 1: I'm a never Trump guy.
- 33:49Speaker 8: I never liked him. We're about to turn over the
- 33:51Speaker 8: conservative movement to a person that has no ideas of
- 33:54Speaker 8: any substance on the important issues the nuclear codes of
- 33:57Speaker 8: the United States, to an erratic individual. He's a race baiting, xenophobic,
- 34:02Speaker 8: religious bigot.
- 34:05Speaker 10: The military is not even going to follow his orders.
- 34:06Speaker 7: Military is not going to follow illegal orders. And so
- 34:09Speaker 7: the Trump campaign was forced to change their position and
- 34:11Speaker 7: say we're going to try to change the law so
- 34:13Speaker 7: that the military can operate within the law.
- 34:15Speaker 4: That's a tall order.
- 34:16Speaker 1: Also, I think.
- 34:17Speaker 8: He's a kook.
- 34:18Speaker 4: I think he's crazy.
- 34:20Speaker 12: I think he's unfit for office.
- 34:22Speaker 6: We may not have that many out right Nazis in America,
- 34:24Speaker 6: but we have plenty of cowards and boot liquors. And
- 34:26Speaker 6: once those fleshy dominos start tumbling into the Trump camp,
- 34:29Speaker 6: the game is up.
- 34:31Speaker 7: Here's the problem with Trump. He says, go ahead and
- 34:33Speaker 7: kill the families. Don't go ahead and torture, go ahead
- 34:35Speaker 7: and go further than waterboarding. What happens when people follow
- 34:38Speaker 7: those orders or don't follow them.
- 34:41Speaker 4: It's not clear that.
- 34:41Speaker 7: That Donald Trump will have their back. Donald Trump is
- 34:44Speaker 7: oftentimes about Donald Trump the day.
- 34:47Speaker 11: Do you believe Donald Trump, who always tells the truth
- 34:50Speaker 11: just kidding, or do you believe that woman on that tape.
- 34:52Speaker 2: He doesn't represent my party, He doesn't represent the values
- 34:56Speaker 2: that the men and women who wear the uniform are
- 34:58Speaker 2: fighting for.
- 35:00Speaker 8: Man who in rallies has told the supporters to basically
- 35:02Speaker 8: beat up the people who are in the crowd and
- 35:04Speaker 8: he'll pay their legal fees.
- 35:05Speaker 11: There is definitely an element of Donald Trump's support that
- 35:08Speaker 11: has its basis in racism, razinophobia.
- 35:11Speaker 7: We would want to top fier presidential candidate getting all
- 35:13Speaker 7: of their military advice from watching Meet the.
- 35:16Speaker 10: Press fellow service members and I we are not your prostitutes.
- 35:19Speaker 10: You are not our pimp.
- 35:22Speaker 11: Can't stomach Trump. I think that he's noxious and is
- 35:26Speaker 11: leading the white working class to a very dark place.
- 35:29Speaker 8: No matter what happens in this election, for years to come,
- 35:32Speaker 8: there are many people on the right, in the media
- 35:35Speaker 8: and voters at large that are going to be having
- 35:37Speaker 8: to explain and justify how they fell into this trap
- 35:41Speaker 8: of supporting Donald Trump.
- 35:51Speaker 4: There's always there's always a sound fight, and there's always
- 35:55Speaker 4: a tweet. I mean, like, it's really amazing how flexible
- 36:00Speaker 4: American politicians are. I mean, you there, you have it.
- 36:05Speaker 4: You know, this is why there are politicians there. They
- 36:09Speaker 4: can bend over backwards for for for anything. You know,
- 36:15Speaker 4: like they whatever they come out of the mouth, you know,
- 36:18Speaker 4: you can't trust that they they don't really put any
- 36:20Speaker 4: stock in that. So yeah, this is this is a
- 36:24Speaker 4: this is a society we live in right now. I mean,
- 36:26Speaker 4: like they they can turn it on a die. Uh
- 36:30Speaker 4: you know, they will say whatever that will get to
- 36:33Speaker 4: keep them in office. But but but what they will
- 36:37Speaker 4: not do is actually make America great again.
- 36:44Speaker 1: You know. Also, I think uh Trump is also man
- 36:47Speaker 1: at China.
- 36:48Speaker 2: I want to read something to you. Came out mm
- 36:52Speaker 2: hmm June first, and here's the headline. It was on
- 36:56Speaker 2: Archie dot com and I saved it because I knew
- 36:59Speaker 2: you and I we were gonna do a show.
- 37:02Speaker 1: So I didn't read it, but I wanted to read
- 37:03Speaker 1: it with you.
- 37:04Speaker 2: And it says the end of swift with a question mark,
- 37:07Speaker 2: And it says China's digital leak in Africa. China's digital
- 37:12Speaker 2: payment system being introduced on the continent helps reduce dollar dependency,
- 37:17Speaker 2: experts believe. It says as China doubles down on its
- 37:22Speaker 2: economic presence in Africa, the relationship is entering a new
- 37:25Speaker 2: phase that goes beyond bricks and mortar.
- 37:28Speaker 1: The Beijing Action Plan twenty five I.
- 37:31Speaker 2: Mean twenty twenty five through twenty twenty seven includes support
- 37:34Speaker 2: for thirty infrastructure connectivity projects across Africa, while.
- 37:41Speaker 1: Such as Kenya and.
- 37:42Speaker 2: Uganda are already in sport links such as standard Gage
- 37:47Speaker 2: Railroad extension and the Rawani Mao I'm mispronouncing that Summit
- 37:54Speaker 2: Highway towards the Ugunda border. For analysts watching the continent's
- 37:59Speaker 2: final at your Future, these developments matter not only because
- 38:03Speaker 2: they move goods, but also because they may create the
- 38:06Speaker 2: commercial architecture for a parallel payment system built around China's
- 38:13Speaker 2: digital RMB or digital yu Wan, potentially given African economies
- 38:19Speaker 2: a faster, less dollar dependent way to trade. The Western
- 38:24Speaker 2: dominated global payment system, centered on swift and intermediary banks,
- 38:29Speaker 2: has long been criticized for high car transaction costs, delays,
- 38:36Speaker 2: and vulnerability to deal political China expandses digital border payment
- 38:40Speaker 2: system while deepening ties with Africa and a Let's say,
- 38:43Speaker 2: the platform could mark a significant shift in how the
- 38:47Speaker 2: continent moves money across borders.
- 38:50Speaker 1: Could you do that?
- 38:52Speaker 2: This is why there is an influx of terrorism and
- 38:56Speaker 2: chaos now across Africa because of China and working together
- 39:03Speaker 2: to free themselves from the dollar dollar Jimney, Well.
- 39:09Speaker 4: I I don't have you know then, I don't have
- 39:14Speaker 4: the the the solid evidence. But what I can tell
- 39:21Speaker 4: you is that once United States started meddling in Africa
- 39:29Speaker 4: or what what after the NATO intervention in Libya to
- 39:34Speaker 4: remove Kadafi, suddenly suddenly there's a proliferation of all these
- 39:41Speaker 4: terrors groups in Africa, in Sahel region. I mean like this,
- 39:46Speaker 4: these two are directly linked, like they where did they
- 39:50Speaker 4: get their weapons? They get that got their weapons from
- 39:52Speaker 4: Libya when they overthrow Kadafi. Well who supported this group
- 39:56Speaker 4: who overthrew the Kadafi Oh ways, United States? And now
- 39:59Speaker 4: so only the United States is claiming they're going to
- 40:02Speaker 4: Africa to fight terrorism. Yet somehow, wherever they go, the
- 40:06Speaker 4: terrorists problem only become more intensified, which which demands more
- 40:12Speaker 4: United States military involvement. And now US have these so
- 40:16Speaker 4: called lily pads in almost every African country. The US
- 40:21Speaker 4: have militaries in almost every African country. And and they
- 40:26Speaker 4: and guess what, the terrorism problem is not going going away,
- 40:32Speaker 4: and it's not even going down in intensity. The more
- 40:35Speaker 4: United States get involved, the more the terrorism problem there
- 40:39Speaker 4: is uh and and and which you know, the United
- 40:42Speaker 4: States US as justification for its presence. And again, the
- 40:48Speaker 4: United States cannot compete with China when it comes to investment,
- 40:53Speaker 4: when it comes to provide infrastructure. So what the only
- 40:58Speaker 4: thing they compete with is is military. That that's that's
- 41:02Speaker 4: the only area that United States can compete with inspyed
- 41:06Speaker 4: by sending expeditionary force all over all around the world
- 41:10Speaker 4: to create instability. So like to show, oh, you know what,
- 41:15Speaker 4: China is trying to build something, Well, guess what we
- 41:18Speaker 4: can help to destabilize it, because that is still the
- 41:21Speaker 4: forte of the United States. This is one of the
- 41:24Speaker 4: few strengths of the United States because through its ci CIA,
- 41:29Speaker 4: they have built a lot of expertise, let's say, in
- 41:34Speaker 4: the area of regime change, destabilization, color revolution, terrorism, And
- 41:41Speaker 4: that's what in the United States arsenal right now, and
- 41:46Speaker 4: that that's what they're being has been deployed to destabilize
- 41:50Speaker 4: regions all over the world, not just in Africa. And
- 41:54Speaker 4: this is how US intend to maintain its top hegemonic
- 42:02Speaker 4: position by telling the world, Hey, you need me because
- 42:07Speaker 4: otherwise I'm going to create problem for you. That's why
- 42:12Speaker 4: you better. You better get on my good side. You know,
- 42:14Speaker 4: you know you don't want me to to to make
- 42:17Speaker 4: the problem for you. This is like the mafia way
- 42:20Speaker 4: of doing business, right, I mean basically, you know, if
- 42:22Speaker 4: you think of US as a mob leader, everything makes sense. Everything,
- 42:27Speaker 4: everything the United States does makes perfect sense. You know.
- 42:30Speaker 4: It's it's ex collection, it's running a protection racket. But
- 42:35Speaker 4: by first creating the problem and then say okay, we're
- 42:38Speaker 4: coming here to help you address the problem, you got
- 42:41Speaker 4: to pay us protection money for us to give you
- 42:44Speaker 4: this protection umbrella. But as the war in the in
- 42:49Speaker 4: the Persian golf show, the whost idea of US security
- 42:54Speaker 4: umbrella is a shame. You know, by host the US
- 42:57Speaker 4: basis on soil, it does not provide you its protection.
- 43:01Speaker 4: It paints a big target on your back. And that
- 43:04Speaker 4: is not just for the GCC countries, but for all
- 43:07Speaker 4: the so called US partners or allies around the world.
- 43:11Speaker 4: You know, like all the countries from Japan to Korea
- 43:13Speaker 4: to the Philippines, Australia, they should all take you know,
- 43:18Speaker 4: wake up and take notes, because that's what's gonna happen.
- 43:21Speaker 4: If the war breakout over Taiwan straight you know, all
- 43:26Speaker 4: your bass all the US basis on your soil will
- 43:29Speaker 4: be targeted, will be let up. And is that something
- 43:33Speaker 4: I mean? Like ultimately your association with United States and
- 43:37Speaker 4: security matter is not gonna make you safer. It's actually,
- 43:42Speaker 4: you know, gonna implicate your countries in war and formal.
- 43:47Speaker 2: I remember some Chinese officients over the years have been
- 43:50Speaker 2: saying that exact same thing, long before the war broke
- 43:53Speaker 2: out in West Asia. They have been warning that US
- 43:58Speaker 2: basis will not make these nations safer, but will make
- 44:03Speaker 2: them targets for Chinese retaliation, massive retaliation chese the Chinese officiency.
- 44:09Speaker 1: But I want to I want you to listen to this,
- 44:11Speaker 1: this short clip here.
- 44:15Speaker 13: Why are there so many wars in twenty twenty five? Well,
- 44:20Speaker 13: do you want my real answer? Do you want my
- 44:21Speaker 13: diplomatic answer? My real answer is the US has a
- 44:24Speaker 13: defense budget that is bigger than the next eight largest
- 44:29Speaker 13: countries combined. After nine to eleven, the US entered into
- 44:34Speaker 13: something like a permanent wartime economy, where if we didn't
- 44:38Speaker 13: have a war to fight and to finance, we would
- 44:41Speaker 13: actually go into recession. Now we see ourselves as the
- 44:44Speaker 13: world's peacekeepers. In many cases we're not. We tend to
- 44:49Speaker 13: be places where we're not wanted or welcome, and we
- 44:52Speaker 13: end up forgetting to leave. There's an old joke inside
- 44:55Speaker 13: the CIA about Iran, like why would Iran put its
- 44:59Speaker 13: country right in the middle of all of our military bases?
- 45:03Speaker 1: There? You have it your opinion on that.
- 45:12Speaker 4: I mean, how can argue with facts? That's that's just
- 45:16Speaker 4: factually true United States right now? Is uh being that
- 45:21Speaker 4: the economy has been propped up by constant infusion of
- 45:29Speaker 4: foreign capital who are seeking safe head haven and the
- 45:35Speaker 4: reason they're seeking safe haven is because United States is
- 45:39Speaker 4: making everywhere else unstable and and so so so. But again,
- 45:45Speaker 4: as like mentioned that that's that's strategy will work only
- 45:50Speaker 4: work up to a point. Now people are seeing seeing
- 45:54Speaker 4: you know what, East Asia actually looks pretty good. You know,
- 45:59Speaker 4: China is actually it seems like this island of stability
- 46:03Speaker 4: in the world being lit on fire by the United States.
- 46:07Speaker 4: And this is even more reason for United States to wage,
- 46:13Speaker 4: you know one spend one point six billion dollars on
- 46:16Speaker 4: anti China propaganda because in these two paint China bad, bad,
- 46:24Speaker 4: bad China. So the money can continue to come to
- 46:28Speaker 4: the United States. You know, if you follow the money,
- 46:32Speaker 4: everything makes sense.
- 46:34Speaker 1: Mm hmm.
- 46:36Speaker 2: So now we're going to follow it up with another clip.
- 46:38Speaker 2: I want, I want your opinion on this.
- 46:42Speaker 14: We are all right, moving on to more updates from
- 46:45Speaker 14: around the world. Now, quiet significant ship is reshaping global finance.
- 46:52Speaker 14: Foreign governments are pulling back from US Treasury bonds, and
- 46:55Speaker 14: the numbers tell us striking story. Foreign official ownership of
- 47:00Speaker 14: US Treasury securities has fallen to around thirteen percent. That
- 47:04Speaker 14: is the lowest level since the nineteen nineties. To understand
- 47:08Speaker 14: how dramatic this is considered this. At the peak of
- 47:12Speaker 14: two thousand and eight financial crisis, foreign governments held nearly
- 47:17Speaker 14: forty percent of US treasuries. That share has more than
- 47:21Speaker 14: half since then. Foreign private investors are also stepping back.
- 47:26Speaker 14: Their ownership share has dropped to roughly thirty three percent,
- 47:31Speaker 14: again the lowes since nineteen nineties. But perhaps the most
- 47:35Speaker 14: stelling signal is coming from Asia. Asia's share of total
- 47:39Speaker 14: foreign demand for US treasuries has fallen by twenty percentage
- 47:43Speaker 14: points since twenty thirteen. It now stands at just forty percent.
- 47:49Speaker 14: That's the lowest in at least fifteen years. The two
- 47:53Speaker 14: biggest drivers Japan and China. Both nations have been quietly
- 47:57Speaker 14: but steadily reducing their treasury hold for decades. This was
- 48:02Speaker 14: a cornerstone of global finance. Asian governments, especially Beijing and Tokyo,
- 48:08Speaker 14: recycle their trade surpluses into US government debt. It helped
- 48:13Speaker 14: fund America's deficits. It kept you as boring cost slow,
- 48:17Speaker 14: and that arrangement is now under visible strain. The question,
- 48:22Speaker 14: unlessa asking is direct, is the era of Eastern governments
- 48:27Speaker 14: quietly financing US spending coming to an end. There's no
- 48:31Speaker 14: single dramatic moment here, no crisis, no announcement, just a slow,
- 48:36Speaker 14: steady retreat across years, across governments, and across continents.
- 48:51Speaker 4: Yeah, that's that's exactly what has been happening. China at
- 48:54Speaker 4: one point hold one point four trillion dollars of US
- 48:59Speaker 4: treasury and now it's done to about several hundred billions,
- 49:03Speaker 4: so less than half. And the reason is because China
- 49:07Speaker 4: realized this is a Ponzi scheme. You know, we we're
- 49:13Speaker 4: we're given all these paper io use which we cannot
- 49:17Speaker 4: cash in because you know, like when China wants to
- 49:21Speaker 4: actually cash in to buy goods from America, they want
- 49:25Speaker 4: like advanced EI chips or advanced technology America saying no, no,
- 49:30Speaker 4: you can't buy those things. The best I can do
- 49:33Speaker 4: is more soybeans. You can buy more soy beans and
- 49:36Speaker 4: maybe some Boeing airplanes, right, And China's like, you know,
- 49:40Speaker 4: cause so so I work hard all these years to
- 49:44Speaker 4: save save up, you know, using my labor to trade
- 49:47Speaker 4: with a bunch of paper io us. This is useless.
- 49:51Speaker 4: This is useless. So what they this is what China
- 49:54Speaker 4: come up with. Instead, they say, you know what I have,
- 49:57Speaker 4: I still have all these dollar surpluses f our you know,
- 50:01Speaker 4: trillion dollar trade surplus. I'm gonna instead of recycling into
- 50:04Speaker 4: US treasury bonds, I'm gonna invest it. I'm gonna invest
- 50:08Speaker 4: it into the global souths. I'm gonna build infrastructure, I'm
- 50:12Speaker 4: gonna build ports, I'm gonna build global connectivity, and that
- 50:16Speaker 4: will tie the global trade to me. And and this
- 50:20Speaker 4: this way, instead of the you know, put back the
- 50:24Speaker 4: money into the US economy, let's have these dollars circulate
- 50:30Speaker 4: across the globe. Let's let's distribute them to the global South,
- 50:35Speaker 4: so they get the infrastructure, we get the increased trade links.
- 50:39Speaker 4: And it's been paying off right now because despite the
- 50:43Speaker 4: US high care from China, China's serve trade surplus, you know,
- 50:47Speaker 4: just reach one point went north to one point five trillion.
- 50:51Speaker 4: A lot of that is driven by Chinese trade with
- 50:54Speaker 4: the global South. Right now, China is the largest trading
- 50:58Speaker 4: partner for well not only Global SYUS, but most of
- 51:02Speaker 4: the country in the world right now. And this is why,
- 51:07Speaker 4: you know, back in the you know, like just doing
- 51:10Speaker 4: the Biden administration, you have Janet Yaolla keep on going
- 51:14Speaker 4: to China. You know, she's not going there just to
- 51:17Speaker 4: taste as much room. She's going there to beg China
- 51:21Speaker 4: to continue to finance US debt. But you know, China says,
- 51:27Speaker 4: thank you, but don't thank you. Well, we we will
- 51:30Speaker 4: not crash the US debt market. And a lot of
- 51:32Speaker 4: people are predicting that China is gonna withdraw and then
- 51:35Speaker 4: crash the US net market. And China doesn't want to
- 51:37Speaker 4: do that because if the crash the US debt market,
- 51:41Speaker 4: you will also creator the value of all the treasury
- 51:43Speaker 4: that China already holds. So what China does is, okay,
- 51:47Speaker 4: you know what, we will hold our current treasury holdings
- 51:51Speaker 4: to maturity, but we're not going to add more. We're
- 51:53Speaker 4: not going to buy more US debt to to to
- 51:56Speaker 4: continually finance US dead becon. This is why I said this,
- 52:02Speaker 4: this whole US pal Z scheme. Eventually they will run
- 52:06Speaker 4: out of money, you know, like like they can only
- 52:09Speaker 4: blow up the AI bubble as long as they keep
- 52:13Speaker 4: on money coming in. And what happened. When the money
- 52:17Speaker 4: drives up, it's it's gonna be bad. It's gonna be bad.
- 52:21Speaker 4: I mean, I I lived through my first bubble when
- 52:24Speaker 4: I joined the US workforce was back in two thousand.
- 52:29Speaker 4: That was a tech bubble. And right now the AI
- 52:32Speaker 4: bubble looks increasingly like the tech the dot com bubble
- 52:36Speaker 4: back then. You know, because all these money that was
- 52:40Speaker 4: invested back then, all this money that was investing in
- 52:43Speaker 4: those dot com they did not justify the returns those
- 52:47Speaker 4: those Internet companies were generated. Same thing right now, there's
- 52:52Speaker 4: the amount of money pouring to building AI data centers.
- 52:57Speaker 4: They're not seeing anywhere near that kind of return they're expecting.
- 53:02Speaker 4: And and and the thing with the data centers and
- 53:07Speaker 4: computer equipment is they get out of the date they
- 53:10Speaker 4: get they're gonna get they're gonna become obsolete in five years.
- 53:15Speaker 4: You know, That's how More's law works, the technology. And
- 53:19Speaker 4: so what happened is you just spend all these money,
- 53:22Speaker 4: build all these data centers, and then before you can
- 53:27Speaker 4: even generate a profit, five years later, all your equipment,
- 53:31Speaker 4: everything you spend on this Nvidia chips suddenly deproved, suddenly
- 53:36Speaker 4: get depreciated. Uh yeah, they will never make that money back.
- 53:40Speaker 4: And and the but if you take away all the
- 53:43Speaker 4: investment in AI, in building a data center, US economy
- 53:48Speaker 4: will already be reception. So when that bubble collapsed, it's
- 53:52Speaker 4: gonna be it's gonna be cata strapt properly.
- 53:57Speaker 2: And this is what Peter Schiff had to say about
- 53:59Speaker 2: the diet right that this engulf in the United States
- 54:03Speaker 2: right here.
- 54:04Speaker 15: Let's see, the problem is astronomical. There is no precedent
- 54:09Speaker 15: for the amount of money that we have to borrow
- 54:11Speaker 15: on an annual basis, and there's no way we could
- 54:14Speaker 15: do that if interest rates went up. It's amazing how
- 54:18Speaker 15: simple this problem is, yet how difficult it is for
- 54:21Speaker 15: so many experts to see it, and they want to
- 54:24Speaker 15: just bury it. But the markets are sniffing this elephant out.
- 54:27Speaker 15: That's why you saw the big rally in the price
- 54:30Speaker 15: of gold. But the driving factor was the loss of
- 54:33Speaker 15: confidence in the dollar, in the Fed's ability to rein
- 54:37Speaker 15: in inflation in congresses, and the president's commitment to do
- 54:41Speaker 15: anything to cut spending. Look, they're never going to cut
- 54:44Speaker 15: the waste fraud abuse. That's government. That's why you want
- 54:48Speaker 15: to minimize government, because the smaller the government, the less
- 54:51Speaker 15: waste fraud abuse, you're going to have.
- 54:53Speaker 4: The bigger the.
- 54:53Speaker 15: Government, the more waste fraud abuse. They go together, and
- 54:57Speaker 15: we have an enormous government right now, and that guarantees
- 55:00Speaker 15: that we're gonna get a lot of waste, fraud, and abuse.
- 55:08Speaker 4: That is a feature, not a bug. You know again
- 55:11Speaker 4: like the United States, Uh, it's it's they practice socialism
- 55:17Speaker 4: for the rich, capitalism for everybody else. You know, they
- 55:23Speaker 4: socialize the cost when when the bank failed, well, guess what,
- 55:27Speaker 4: They're going to bail the banks out because banks are
- 55:29Speaker 4: too big to fail.
- 55:31Speaker 1: Uh.
- 55:32Speaker 4: If if if average Joe, you and I fail, we
- 55:35Speaker 4: just failed, government are going to fail us out. That's
- 55:40Speaker 4: how it works. They they they they will always bail
- 55:44Speaker 4: out the rich and powerful and allow them to take
- 55:48Speaker 4: risk and at the expense of everybody else, you know,
- 55:52Speaker 4: because when when they rung into trouble with the risk taking,
- 55:56Speaker 4: we're the one who ended up putting the bills with it.
- 56:00Speaker 4: With a US A debt problem. Like I remember Elon
- 56:06Speaker 4: Musk as you retweeted about this, he said, you know,
- 56:09Speaker 4: basically the only way so you either grow out of
- 56:12Speaker 4: it or you inflate out of it. Well, I don't
- 56:15Speaker 4: think they will be able to grow out of it,
- 56:17Speaker 4: so the only only solution is inflation. They're gonna keep
- 56:22Speaker 4: money printing and then hope to inflate away the debt.
- 56:26Speaker 4: But you know this is why This is gonna only
- 56:29Speaker 4: gonna drive more people to shift their act out of
- 56:33Speaker 4: the US, out of the US treasuries because they don't
- 56:38Speaker 4: want to get be the last one holding the bag.
- 56:42Speaker 4: And and but but yeah, it's just gonna be makes
- 56:45Speaker 4: the matter work. They're they're gonna we're probably gonna see
- 56:50Speaker 4: see a revisit of like kind of the stackflation of
- 56:54Speaker 4: the nineteen seventies. You know, you know we already have
- 56:57Speaker 4: the oil shot, right, I mean, just like just like
- 57:01Speaker 4: back then, and now you know inflation now it's history
- 57:09Speaker 4: repeats first time of strategies, second time as farce. You know,
- 57:13Speaker 4: we're into the particle phase right now.
- 57:18Speaker 1: Everybody, please hit the light.
- 57:20Speaker 2: But I want you to listen to what this professor
- 57:23Speaker 2: has to say about the situation that Americans now faced.
- 57:27Speaker 1: He's a historian.
- 57:30Speaker 12: The United States is an empire in decline, and if
- 57:35Speaker 12: you look back over the past one hundred years, the
- 57:38Speaker 12: lessons of history are pretty clear. Declining empires suffer from
- 57:42Speaker 12: two things. One, they suffer from micro it's called micro
- 57:46Speaker 12: militarism abroad. They send troops abroad, they in their flailing decline,
- 57:54Speaker 12: thinking that some form of military intervention will recapture the
- 57:58Speaker 12: global power that is up being away from their hands.
- 58:02Speaker 12: And then domestically the other thing they suffer from every
- 58:05Speaker 12: single declining empire over the past one hundred years, the
- 58:09Speaker 12: Soviet Empire, British Empire, the Spanish, all the rest, they
- 58:13Speaker 12: suffer from coups. So as American politics become increasing and
- 58:18Speaker 12: torted and irrational, I think the thing to do is
- 58:22Speaker 12: to realize that we are an empire in decline and
- 58:25Speaker 12: we are writhing in this kind of irrationality, particularly in
- 58:29Speaker 12: the international realm, and it will continue for another decade
- 58:33Speaker 12: or two until the power, American power finally slips away.
- 58:46Speaker 4: Yeah, I can argue with that.
- 58:54Speaker 1: That was a delay call. I'm sorry that was a.
- 59:00Speaker 2: US But what do you have to say about he said,
- 59:03Speaker 2: because we're watching this in real time, and I think
- 59:05Speaker 2: the timeline I think people are forgetting that America is
- 59:12Speaker 2: suffered from rock. So I think they pushed the timeline
- 59:15Speaker 2: out because they don't see this in stages.
- 59:18Speaker 1: They don't count.
- 59:21Speaker 2: When the Federal Reserve was made, They don't count when
- 59:23Speaker 2: the United States devoted on this debt in the nineteen thirties.
- 59:27Speaker 1: They don't count when.
- 59:28Speaker 2: America robbed this curvency of his silver in the nineteen sixties.
- 59:33Speaker 1: They don't count when.
- 59:33Speaker 2: America took the world off the gold and silver standard
- 59:36Speaker 2: in the nineteen seventies. They don't count when America took
- 59:40Speaker 2: everybody in the United States off the Glass Stigo Act
- 59:43Speaker 2: in the early nineties or whatever. They don't count all
- 59:47Speaker 2: of the baillouts and all of this other stuff, and
- 59:50Speaker 2: the mounting debt, the cut and detext pairs base. They
- 59:55Speaker 2: don't the constant borrowing, the constant spending, the constant war,
- 1:00:01Speaker 2: the gooding of American industry and manufacturing.
- 1:00:04Speaker 1: They're not counting all of that. So what they're looking
- 1:00:08Speaker 1: at is a facade.
- 1:00:09Speaker 2: They're looking at a house of cars, and they're saying, Hey,
- 1:00:11Speaker 2: America has ten twenty thirty years before this happened, but
- 1:00:15Speaker 2: they're not realizing that she has been good at out
- 1:00:18Speaker 2: from with DN already.
- 1:00:20Speaker 1: So what do you have to say about that?
- 1:00:21Speaker 4: Yeah, it's a it's the frog being boiled alive problem.
- 1:00:25Speaker 4: Right right now, the water is getting lukewarm, it's starting
- 1:00:28Speaker 4: to get a little bit uncomfortable, but it's not unbearable yet.
- 1:00:32Speaker 4: But guess why when it gets unbearable, it's too late.
- 1:00:36Speaker 4: You're already being cooked and you know, but we all
- 1:00:41Speaker 4: see all these signs. Recently, we just had the space
- 1:00:45Speaker 4: x io right.
- 1:00:48Speaker 1: Space X.
- 1:00:49Speaker 4: It's this another Yla Musk project that was mostly made
- 1:00:53Speaker 4: profitable because government subsidy, because of the US government spending,
- 1:00:59Speaker 4: and and and they change the rules again, they changed
- 1:01:03Speaker 4: the investment rules. So now companies like space X when
- 1:01:07Speaker 4: the I p O, they get automatically added to the NASTAC,
- 1:01:11Speaker 4: to the indexes, to the S and P five hundred.
- 1:01:14Speaker 4: So all the passive investors, you know, all these all
- 1:01:17Speaker 4: you people who have money in retirement accounts, your money
- 1:01:23Speaker 4: managers will automatically buy space X because it's part of
- 1:01:28Speaker 4: the index. And this is like automatically transferring money from
- 1:01:34Speaker 4: every like all these retarded the teachers, firefighters, all their
- 1:01:38Speaker 4: retirement accounts to basically the pockets of Ela Musk to
- 1:01:43Speaker 4: make him the first show in their ever improvement history.
- 1:01:47Speaker 4: This again is by design, This is a feature, not
- 1:01:50Speaker 4: a bug. And and now we're gonna assume going to
- 1:01:53Speaker 4: have I PO of open AI and and traffics all
- 1:01:58Speaker 4: these AI companies. This is a sign of a peak.
- 1:02:03Speaker 4: You know, this is exactly what happened back in the
- 1:02:05Speaker 4: dot com era when everybody was looking to cash out
- 1:02:09Speaker 4: because all these insiders, they they're not the one that's
- 1:02:12Speaker 4: going to be holding the bag. And they they also
- 1:02:16Speaker 4: see the signs of a top, so they want to
- 1:02:18Speaker 4: cash in before it's too late. And so they're not
- 1:02:21Speaker 4: now all rushing too I po to trying to get
- 1:02:24Speaker 4: piece slices of the pie. You know, they're all going
- 1:02:27Speaker 4: to be millionaires, you know, and and and it's the
- 1:02:30Speaker 4: rest of us, you know, without even knowing being holding
- 1:02:36Speaker 4: the bag because you know, like all the people who
- 1:02:39Speaker 4: have retirement account without you knowing about it, your your
- 1:02:45Speaker 4: money manager is obligated to buy index fund because space
- 1:02:49Speaker 4: X is included in the index fund. You are, they're
- 1:02:52Speaker 4: transferring to your retirement com money into space X stocks.
- 1:02:59Speaker 4: So and this will go on with all the AI
- 1:03:02Speaker 4: company as well, and Tropics Open AI and by the way,
- 1:03:09Speaker 4: and and all these AI companies are they're also deeply
- 1:03:12Speaker 4: embedded in the American military industrial complex. Uh. They just
- 1:03:18Speaker 4: recently revealed them metholds.
- 1:03:20Speaker 1: Uh.
- 1:03:21Speaker 4: You know, the latest AI product was used by United
- 1:03:25Speaker 4: States to wage cyber attack against Iran and China. Uh.
- 1:03:30Speaker 4: You know, like this is that's what these AI companies
- 1:03:34Speaker 4: are designed to do. They're designed to engineer, to be
- 1:03:38Speaker 4: weapons uh to be used by the US government. And
- 1:03:42Speaker 4: this is why they're being promoted. This is why palunteers
- 1:03:45Speaker 4: being promoted by Trump on his social posts. Again, it's
- 1:03:50Speaker 4: it's all a grift. This is everything is a grift.
- 1:03:54Speaker 4: Like like they they don't even care if the Rome
- 1:03:58Speaker 4: is burning, they don't care if the American Empire is
- 1:04:02Speaker 4: collapsing are around them. All they care about is to
- 1:04:05Speaker 4: grab that money, to get the bag, to get the
- 1:04:09Speaker 4: bag before everything all you divieces. That's where we're are
- 1:04:14Speaker 4: right now.
- 1:04:16Speaker 2: And I want you to I want you to listen
- 1:04:19Speaker 2: to what this was a short clip call. And I
- 1:04:21Speaker 2: know you have you fit me in your time, but
- 1:04:23Speaker 2: I want to play this short clip for you, and
- 1:04:25Speaker 2: I want your take on this real quick.
- 1:04:30Speaker 16: In the early stages of decline, empires look out word.
- 1:04:34Speaker 16: They blame enemies, rivals, scapegoats. But in the late stage,
- 1:04:39Speaker 16: all eyes turn in word because the rot becomes impossible
- 1:04:43Speaker 16: to ignore. If America in twenty twenty five is being
- 1:04:47Speaker 16: threatened by China or undermined by Russia, it's only because
- 1:04:51Speaker 16: it was first hollowed out by its own political and
- 1:04:55Speaker 16: corporate elite. The empire is collapsing under the weight of
- 1:04:59Speaker 16: its own contradiction.
- 1:05:06Speaker 2: She used the word rot like you and I use constantly,
- 1:05:09Speaker 2: And according to the AI overview of the word rot,
- 1:05:12Speaker 2: rot means to decompose or decay through natural process, such
- 1:05:17Speaker 2: as the action of bacteria or FUNAI. It applies to
- 1:05:21Speaker 2: physical objects like food as well, but it also means
- 1:05:25Speaker 2: it's moral decline, intellectual decline, economic decline, and.
- 1:05:30Speaker 1: So on and so forth.
- 1:05:31Speaker 2: So that goes to what I was telling you about
- 1:05:33Speaker 2: how they have us believing that this is taking place
- 1:05:39Speaker 2: ten or twenty years ago because.
- 1:05:40Speaker 1: They have a look at the systemic rot from within.
- 1:05:43Speaker 2: And I'm telling you that I don't think America has another.
- 1:05:48Speaker 1: Ten or fifteen years.
- 1:05:49Speaker 2: I think that we've passed the point of no return.
- 1:05:55Speaker 2: The morals have collapsed, the ethics has collapsed. There's a
- 1:05:59Speaker 2: race divide, there's a a wealth divide, there's a cultural divide.
- 1:06:05Speaker 1: It is growing bigger and bigger because those in.
- 1:06:08Speaker 2: Power feed on those device to try to stay in power,
- 1:06:12Speaker 2: so they're willing to sacrifice everything to try to maintain
- 1:06:15Speaker 2: their wealth and power.
- 1:06:16Speaker 1: So I don't think it's a ten to fifteen you thing.
- 1:06:19Speaker 2: I think it's going down the drain as we speak,
- 1:06:21Speaker 2: what do you say in clothing?
- 1:06:23Speaker 3: Call?
- 1:06:23Speaker 4: Well, yeah again, it's that frog them boil alive problem.
- 1:06:27Speaker 4: Right now. People just can't imagine it's gonna be boiling
- 1:06:31Speaker 4: hot too, because it seems like, okay, it's a little
- 1:06:35Speaker 4: bit warm. Maybe you will get better, but it's not
- 1:06:41Speaker 4: getting better. So when're gonna get hotter from here? And
- 1:06:45Speaker 4: irrational exuberance can stay longer than people can stay solvent,
- 1:06:50Speaker 4: It's true. But once it stops, man, once that music stopped,
- 1:06:56Speaker 4: that's class will be spectacular. You are a following off
- 1:07:00Speaker 4: of a cliff.
- 1:07:01Speaker 1: You know.
- 1:07:01Speaker 4: Right now we are basically like building up potential energy.
- 1:07:06Speaker 4: You know you you're you're going like a It's like
- 1:07:07Speaker 4: a roller coaster in the amusement park. You're going up
- 1:07:11Speaker 4: up up. You can't you can't you You're like your
- 1:07:14Speaker 4: heart is tightening. You can't. You can't see you're going
- 1:07:17Speaker 4: up up up. But like, man, well like right now
- 1:07:21Speaker 4: where I'm gonna steady climb face. Once he drops, it's
- 1:07:28Speaker 4: all the way down.
- 1:07:32Speaker 2: Man, Thank you so much, call for doing me. I'll
- 1:07:34Speaker 2: send you the video. Hey, be blessed and be safe
- 1:07:37Speaker 2: with you and your family. Man, I appreciate everything.
- 1:07:39Speaker 4: Thank you Rashid anytime.
- 1:07:43Speaker 2: All right, everybody listen, hit the light button subscribe. Also,
- 1:07:47Speaker 2: go to UH Carl's podcast and subscribe. Also the Silk
- 1:07:52Speaker 2: and Steel podcast.