Latest / UK Column Radio / Trump’s China Pivot? What REALLY Happened in Beijing | Silk and Steel

Transcript

Trump’s China Pivot? What REALLY Happened in Beijing | Silk and Steel · UK Column Radio

0:01
Speaker 1: Hello, and welcome to another episode of the Silk and
0:04
Speaker 1: Steal Podcast. I'm your host Carlota. Today we have back
0:08
Speaker 1: the crowd favorite I n R tengin all the way
0:12
Speaker 1: from Beijing, China. Hi, Rna, how are you well.
0:17
Speaker 2: I'm sitting here in the Lab of Evil, although you know,
0:21
Speaker 2: there's some very promising science. Girl. I mean, this is
0:25
Speaker 2: the first time that I've ever seen Trump visit where
0:28
Speaker 2: he afterwards, you know, kind of make money comments and
0:32
Speaker 2: things like that. Hasn't prevented Rubio and he from running
0:37
Speaker 2: around the world saying arm yourself. The Chinese are coming.
0:40
Speaker 2: We're gonna make peace with them and deal with them.
0:42
Speaker 2: You fight them. It's kind of a strange.
0:45
Speaker 1: Idea, right, yeah, why do they do that? Like you know,
0:49
Speaker 1: you have you have Donald Trump on one hand, flying
0:52
Speaker 1: to Beijing and public saying, gig Pen is my great friends.
0:56
Speaker 1: You know, we have great chemistry and China is a
1:00
Speaker 1: great country. We're gonna work together. It's everything is going
1:03
Speaker 1: to be great. And then Pete Headset were just in
1:07
Speaker 1: I think Singapore in the Shangri La meeting with the dialogue,
1:12
Speaker 1: the dialogue among all the defense ministers, and he's saying,
1:16
Speaker 1: oh yeah, we are we got all bad together to
1:19
Speaker 1: resist China?
1:22
Speaker 2: What?
1:22
Speaker 1: What?
1:22
Speaker 2: What? What?
1:23
Speaker 1: What? What's with all these messaging?
1:25
Speaker 2: What?
1:25
Speaker 1: What's with all these confusing messaging?
1:28
Speaker 2: Okay, so you have to understand a little bit. That's
1:30
Speaker 2: something about Donald Trump. He was raised in New York.
1:33
Speaker 2: He was from the poor side of town, the kind
1:36
Speaker 2: of he used to go into Manhattan to try to
1:39
Speaker 2: be one of the cool kids, and he never was.
1:42
Speaker 2: And what he what he did is he was not
1:43
Speaker 2: a major player in New York real estate. The big
1:47
Speaker 2: the big guys all belonged to the same clubs. They
1:50
Speaker 2: played golf together, all right, They went to the same
1:54
Speaker 2: social functions. Uh, during the day, they fought like cats
1:58
Speaker 2: and dogs over you know, of real estate opportunities, things
2:02
Speaker 2: like this. But they are all kind of chummy. So
2:06
Speaker 2: this has had a big effect on wald Trump. He
2:10
Speaker 2: thinks that you know, oh well, you know, it's what
2:12
Speaker 2: you do during the day. You know, you knife somebody
2:14
Speaker 2: in the back whatever, you know, And we we're good friends,
2:18
Speaker 2: you know. And he likes this idea that he's part
2:21
Speaker 2: of the inner group, you know, with Putin and she.
2:24
Speaker 2: He is extremely different in terms of his tone and
2:27
Speaker 2: the way he talks to people. Versus Europe, South America, Africa,
2:31
Speaker 2: anybody else. So a lot of it just goes to
2:35
Speaker 2: his things in terms of hes, I mean, he really
2:38
Speaker 2: does believe that you respect comes from being unpredictable, that
2:45
Speaker 2: this is a strategy. The problem with the strategy, of course,
2:49
Speaker 2: is if people expect you to be unexpected, you kind
2:53
Speaker 2: of unpredictable, it kind of rolls that away. What they
2:58
Speaker 2: do is they start pushing scenarios and studying you and
3:03
Speaker 2: seeing your moves. The problem with people who think they're
3:06
Speaker 2: unpredictable is very extremely predictable. And this is very very
3:12
Speaker 2: evident in terms of how China had handled him. He's
3:16
Speaker 2: a transactional guy who likes a lot of compent ceremony.
3:19
Speaker 2: They gave it to him, but you know they made
3:21
Speaker 2: it clear if you do A, will do B. If
3:25
Speaker 2: you do C, will do D. All right, so you
3:29
Speaker 2: know he's running back to America saying success, I slated,
3:34
Speaker 2: you know, I got it all. It's all coming my way.
3:37
Speaker 2: But he has to do things and sometimes a little
3:40
Speaker 2: short on the fall through. But anyway, he's been more
3:43
Speaker 2: than cordial to China since then. But now he's sending
3:47
Speaker 2: out his minions to stir up trouble and make sure
3:50
Speaker 2: trying to understands it. He still has cards to play.
3:53
Speaker 2: He's always about having cards to play. Although I would
3:56
Speaker 2: love to play cards with Donald Trump. He has so
3:58
Speaker 2: many tells. Anytime he's worried about something. You have a borehand,
4:03
Speaker 2: you would just say, oh, I got the best hand.
4:05
Speaker 2: I'm going to slay you. I'm pushing all in. What
4:08
Speaker 2: are you going to do? So we'll see see how
4:13
Speaker 2: that how that refurls. But right now, you know he's
4:17
Speaker 2: he's a real predicament. I mean, there's all these pictures
4:20
Speaker 2: floating around with him with these little girls, uh, connected
4:24
Speaker 2: to the Epstein files. He hasn't His domestic policies have tanked,
4:29
Speaker 2: His ratings are in the in the dumpster, and he
4:33
Speaker 2: is an war that he cannot get out of. I mean,
4:37
Speaker 2: he would love declare victory and walk away, but he's
4:39
Speaker 2: concerned that obviously around will not think it's over and
4:43
Speaker 2: will continue to press their advantage that he has inflation, uh,
4:48
Speaker 2: and all the normal stuff that he hasn't done. I mean,
4:52
Speaker 2: there's really no progress on healthcare. People are getting worse
4:58
Speaker 2: off and on better off, and he hasn't been in
5:00
Speaker 2: term election coming up. So it's uh, it's not a
5:05
Speaker 2: good time for the Donald. He's trying to figure it
5:08
Speaker 2: out and he's using all his old tricks.
5:12
Speaker 1: Did you think he got out what he uh you know,
5:15
Speaker 1: did he did? Did he? Did you think he got
5:18
Speaker 1: what he wanted out of this trip to Beijing?
5:22
Speaker 2: No, so he didn't. He wanted a big parade, He
5:26
Speaker 2: wanted a lot of popping pump and circumstances. You saw
5:29
Speaker 2: him when he get off the plane. He literally just
5:31
Speaker 2: stood there and kind of soaked it up as if
5:34
Speaker 2: he was at one of his maga uh you know concerts.
5:39
Speaker 2: He called him a mega celebrations or what you want
5:46
Speaker 2: to call him, and it was he he wanted assurances
5:51
Speaker 2: on a number of things, but he wasn't really big
5:54
Speaker 2: on what he was going to do for kindo. So
5:57
Speaker 2: I obviously where Earth's in the US, by different estimates,
6:01
Speaker 2: has expended almost half of its munitions. In order to
6:04
Speaker 2: rebuild those munitions, you have to get into a lot
6:07
Speaker 2: of rare earths about five kilos, between one and five kilos,
6:12
Speaker 2: depending on how much guidance is needed. You know these
6:16
Speaker 2: harm missiles that cost three hundred thousand dollars that you
6:19
Speaker 2: can stoot down and you know, ten thousand dollars drone
6:22
Speaker 2: with and then you get up to the ballistic missiles
6:25
Speaker 2: and you know they can they can take anywhere from
6:27
Speaker 2: you know, fifteen to fifty pounds. So you're talking about
6:32
Speaker 2: things and the issue isn't the price. You know, obviously
6:36
Speaker 2: the US military doesn't care much about that. What they
6:39
Speaker 2: care about is that your The situation is can they
6:47
Speaker 2: get them? And right now China is a lock on that,
6:50
Speaker 2: so that means it'll be significant delay in rearming America.
6:54
Speaker 2: So obviously where Earth was there, he was looking for
6:57
Speaker 2: anything that helped him in his election, helps him in
7:01
Speaker 2: the polls, makes him seem more you know, better, better
7:05
Speaker 2: or worse at whatever he's doing. And obviously with an
7:11
Speaker 2: eye towards the election and things like that. We were
7:14
Speaker 2: talking a little bit about Donald Trump and how he's
7:19
Speaker 2: approaching this. As I said, you know, he's unfortunately predictably unpredictable.
7:24
Speaker 2: And he asked this thing about being in with the
7:27
Speaker 2: power guys who he perceives his fighting by day and
7:31
Speaker 2: then socializing by night. There are a lot of things
7:35
Speaker 2: in his youth that kind of affected how he looked
7:37
Speaker 2: at the world.
7:38
Speaker 1: Backage business, So I have a question for you, why
7:44
Speaker 1: why doesn't Donald Trump just taco out on all this
7:47
Speaker 1: this whole war business in the trade or her moves.
7:52
Speaker 1: I mean, everybody kind of expect him to taco, but
7:56
Speaker 1: he he does this kind of thing like he who
8:00
Speaker 1: look like he's bought a tackle, and then last minute
8:02
Speaker 1: he will say like we're going to bomb you around
8:05
Speaker 1: back to Stone ages. He came a flip flop between
8:08
Speaker 1: these two positions. Why is that?
8:11
Speaker 2: Well, okay, so La Carl, what does he do? He
8:14
Speaker 2: declares victory, then what has he actually gotten a victory?
8:18
Speaker 2: The issue for him is he said he was going
8:21
Speaker 2: to get the nuclear materials, right He said he was
8:24
Speaker 2: going to get the oil, things like that, But right
8:26
Speaker 2: now it's down to the nuclear materials and also the
8:29
Speaker 2: Straits of Horror moves. If he walks away, the Straits
8:32
Speaker 2: of Hormuz become a conduit for cash for the Iranians.
8:38
Speaker 2: They can charge ships who were going through, as they're
8:41
Speaker 2: already doing. And then you know they still have its
8:45
Speaker 2: nuclear materials. So how can you walk away if he
8:48
Speaker 2: doesn't have those two things? So he's in a quandary,
8:52
Speaker 2: and right now he's it appears to be that he
8:55
Speaker 2: is trying to delay. You notice he's he says, hurry
9:01
Speaker 2: up where else? And it's like, well, things are going fine,
9:04
Speaker 2: so we don't really have to do anything. We're negotiations
9:08
Speaker 2: are looking good. It's going to take a while. Why
9:10
Speaker 2: is he doing this? He wants Donald Trump operates on
9:13
Speaker 2: this theory that you wake up in the morning and
9:16
Speaker 2: you figure out what you have to do. I mean,
9:17
Speaker 2: this morning, I was readed by him in some sort
9:21
Speaker 2: of Superman costume with jets flying overhead, you know, Emperor
9:26
Speaker 2: of the Universe type stuff, straight out of Star Wars
9:29
Speaker 2: as a matter of fact, and you know, people were
9:33
Speaker 2: paying a lot of attention to it. And I said, why,
9:36
Speaker 2: this is classic, you know, diversion by Donald Trump. I
9:41
Speaker 2: mean what he said here He said nothing. He shows
9:43
Speaker 2: you a picture and you followed around like you know,
9:47
Speaker 2: it's a little white rabbit in a room. Why it
9:50
Speaker 2: has nothing to do with the issues that we're facing
9:53
Speaker 2: this war, multiple wars, conflicts, oil inflation, economy which going
10:00
Speaker 2: in the wrong direction. Over sixty percent of the American
10:04
Speaker 2: people are in very fragile economic situations. So tell me
10:08
Speaker 2: why this is important. Well, it's important to him because
10:11
Speaker 2: he gets up every morning and says, Okay, how do
10:13
Speaker 2: I maximize the day? Worry about tomorrow? Tomorrow, I'll figure
10:17
Speaker 2: something else out. So he throws that out and has
10:21
Speaker 2: the desired effect. I mean, unfortunately, the media continues to
10:24
Speaker 2: follow this nonsense. Even the fact that we're talking about
10:27
Speaker 2: it is taking away from the issues that he isn't addressing.
10:33
Speaker 1: But I mean, he can delay and delay, but the
10:37
Speaker 1: problem will not just go away. The problem gets worse
10:41
Speaker 1: by day.
10:43
Speaker 2: Talk to net and Yahoo. He's been under a corruption
10:46
Speaker 2: investigation for lo these how many years? He just dissolved
10:50
Speaker 2: the kanesseence. The question is does he survive And if
10:55
Speaker 2: he does survive, is he going straight to Jake? I mean,
10:59
Speaker 2: he it's improbable that somebody like him has been able
11:04
Speaker 2: to evade justice for low these many years. Despite numerous cases,
11:10
Speaker 2: He's always found a way to delay. So you know,
11:14
Speaker 2: today leaders think, well, you never know what's going to
11:16
Speaker 2: happen tomorrow. Today, I'm going to do what is necessary
11:19
Speaker 2: to make sure that the acts doesn't fall today. I
11:24
Speaker 2: can give you an analogy if you like. I was
11:27
Speaker 2: in defense law and also I worked in the prosecution
11:30
Speaker 2: division for a year as an injurer and I can
11:33
Speaker 2: tell you the attitude of criminals are I don't care
11:36
Speaker 2: about tomorrow. They lived fifteen seconds to the future, right.
11:40
Speaker 2: What they care about is they're going to get what
11:42
Speaker 2: they want today. That's why they go rock convenience stores.
11:45
Speaker 2: And they don't even bother to put on a mass
11:48
Speaker 2: leave their fingerprints all over the place. They're only concerned
11:52
Speaker 2: they want to get away with it, but their main
11:54
Speaker 2: concern is what this is going to do for them
11:56
Speaker 2: in the very very short term. So or both of
12:00
Speaker 2: these individuals definitely in that class. They're always about today,
12:05
Speaker 2: not about tomorrow. Unfortunately, it doesn't work well for the
12:09
Speaker 2: American people or in the world.
12:11
Speaker 1: But I mean it doesn't even seem it's working well
12:14
Speaker 1: for Trump. His his uh like as you said that
12:16
Speaker 1: his approval rating is a dumpster. I mean, like this
12:19
Speaker 1: guy is is this guy is giving sleepy Joe wrung
12:23
Speaker 1: of his money. There's unpopularity. You know, we got from
12:28
Speaker 1: a sleeping Joe to like sleeping Trump. You know, he's
12:32
Speaker 1: he has been caught multiple times now sleeping in front
12:36
Speaker 1: of the press a press release. Uh, you know, like
12:40
Speaker 1: like somebody yeah, by somebody. Uh. I remember the time
12:50
Speaker 1: he was in China, like president. She was showing him
12:53
Speaker 1: like all telling him this, this tree is like several
12:55
Speaker 1: hundred years old. And and then the im some American
13:00
Speaker 1: guy like say, trying to spin this, Oh, Donald Trump
13:05
Speaker 1: is older than the People's Republic of China. I'm like,
13:09
Speaker 1: I don't think that's a win. You think it is?
13:15
Speaker 1: How is that a win?
13:19
Speaker 2: Well, Actually, the reason she took him there is this
13:23
Speaker 2: is a private garden in a place called Jonan and
13:26
Speaker 2: High and this is where the leaders live. It's the
13:28
Speaker 2: top echellence. You don't have to live there, but most
13:31
Speaker 2: two and it's a very closed, extremely secure environment. You
13:36
Speaker 2: can't even have buildings that are looking in che buildings
13:44
Speaker 2: that are kind of blacked out. The windows are blacked out.
13:46
Speaker 2: If they Folko, they look over jonah Hi and what
13:51
Speaker 2: they He was showing over a private garden that's in
13:55
Speaker 2: the park, and he was showing them a tree that
13:57
Speaker 2: was about two hundred and fifty years old. I think
13:59
Speaker 2: the message was it was two trees that had grown together.
14:03
Speaker 2: So he said it's it looks like one tree, but
14:06
Speaker 2: it's actually two. And the you know, the symbolism there,
14:09
Speaker 2: which I don't think. I sometimes wonder if that's really
14:13
Speaker 2: Donald Trump's some some gold and some a palace, and
14:20
Speaker 2: he'll get, oh love this, but you know, similar them
14:23
Speaker 2: two trees. What's that about? Anyway? He was probably explained
14:29
Speaker 2: to him afterwards that the two trees are symbolic of
14:31
Speaker 2: the fact that you can you can have two entities
14:34
Speaker 2: that in fact cooperate and go together. It's very kind
14:37
Speaker 2: of taois this idea that there has to be balance
14:41
Speaker 2: that you know, and you know, she came right out
14:43
Speaker 2: of the box and said, you know, you don't want
14:46
Speaker 2: to a situation where a rising power and an existing
14:52
Speaker 2: power go to war. The seclidity h and that was
14:57
Speaker 2: a part of this theme. You know, how how do
14:59
Speaker 2: we work together? And I think, actually I think it
15:02
Speaker 2: was extremely successful meeting. It's the first time I believe
15:05
Speaker 2: it or not, that I had any hope in a
15:07
Speaker 2: long long time. The fact that Donald Trump and his
15:11
Speaker 2: team were very disciplined after the after the meeting, they
15:16
Speaker 2: went back and they kept to the message. He said
15:21
Speaker 2: a few things. But you know, nothing has been confirmed
15:24
Speaker 2: or very little has been confirmed by China. And as
15:27
Speaker 2: I said, I think it's very transactional. We say, if
15:29
Speaker 2: you do this, we'll do that. He's obviously looking forward
15:33
Speaker 2: to Chijing pain coming for a state visit just before
15:36
Speaker 2: the election, and I get a lot of eyebrowsers in that, Well,
15:40
Speaker 2: why why would China be helping this guy? He seems
15:45
Speaker 2: attacking China. He's telling everybody you get you need to
15:48
Speaker 2: get armed to the teeth because the Chinese are coming.
15:52
Speaker 2: I mean, it is this, you know, the kind of
15:55
Speaker 2: situation that that you're you're anticipating great peace with and
16:01
Speaker 2: things like that. But he's he's he sees us as
16:07
Speaker 2: you know, this kind of transactional detail. China is telling
16:11
Speaker 2: him what they need to do. I'm repeating myself unfortunately,
16:15
Speaker 2: and it's working out very well so far. We'll see
16:20
Speaker 2: what happens. But you know, Chinese aren't amused when Hegxath
16:26
Speaker 2: goes down to the security conference in Singapore and start
16:32
Speaker 2: saying that that China is coming and you need to
16:34
Speaker 2: do it. I mean, you see a raft of things happening.
16:38
Speaker 2: You have the Japanese Foreign Minister defence means get up
16:43
Speaker 2: there and say hey, hey, hey, you know, China is
16:45
Speaker 2: a threats and we have to arm ourselves, and they
16:48
Speaker 2: have a big arsenal. Well, they don't say that about
16:50
Speaker 2: the US, the country that has been occupying them since
16:53
Speaker 2: nineteen forty five. And you know, it's just it's once
17:00
Speaker 2: signal out there that the US continues this kind of
17:03
Speaker 2: encircling campaign, even though it says, Okay, we'll cooperate with
17:07
Speaker 2: China to a certain degree to get what we need
17:09
Speaker 2: where or access to markets, et cetera, but we will
17:13
Speaker 2: continue our long term program, which is to isolate China
17:18
Speaker 2: as much as possible. This idea of interfering with China's
17:23
Speaker 2: trade by controlling choke points are making chaotic and then
17:28
Speaker 2: going after China's energy sources, as we can see with
17:31
Speaker 2: Venezuela and Nigeria and Iran. So that continues apace, and
17:37
Speaker 2: it's not just there. You know, look what the Australians
17:42
Speaker 2: came up and said, oh, you know, we don't need
17:44
Speaker 2: new submarines. We can get old submarines. Old submarines are great.
17:51
Speaker 2: I mean, I wrote an article. I said, okay, what
17:54
Speaker 2: point you know China is, you know, the largest trading
18:00
Speaker 2: partner thirty four percent of their foreign trade and also
18:06
Speaker 2: twenty four percent of their entire GDP. And the idea
18:11
Speaker 2: is that you're going to use the tax revenues from
18:15
Speaker 2: profits from the companies that trade with China to build
18:18
Speaker 2: an arsenal and weapons to fight China. How are you
18:23
Speaker 2: going to do this? I mean, there's this grade line
18:25
Speaker 2: from this one show. It was in twenty seventeen. It
18:29
Speaker 2: was just making fun and any of these guys asking
18:32
Speaker 2: the military guys, So let me get this straight. You
18:36
Speaker 2: want to protect our trade and our trade passages, okay
18:44
Speaker 2: from the person from the country we trade with. The
18:48
Speaker 2: guys said around, going yeah, does that seem a little odd?
18:52
Speaker 2: Everyone's like no, no, no, no, it seems perfectly acceptable.
18:56
Speaker 2: Our strategy is completely nuts. All right. It's getting back
19:00
Speaker 2: to the submarines. My family built submarines twenty eight in
19:03
Speaker 2: World War Two, so I know a little bit indirectly
19:07
Speaker 2: about them. They're complicated machines. They need to veritize otherwise
19:12
Speaker 2: not good. So if they give three to existing ones
19:18
Speaker 2: to Australia, given what they have said that they want,
19:22
Speaker 2: I think thirty two thirty three attack submarines and twelve
19:27
Speaker 2: brand new ballistic submarines. Add the current rate that they
19:32
Speaker 2: can produce, which is about one point three submarines per year,
19:38
Speaker 2: it will take them twenty four years to twenty four
19:41
Speaker 2: and a half you want to be correct to get
19:45
Speaker 2: to the number that they've said they wanted. I think
19:52
Speaker 2: time goes by and so does technology. I mean, already
19:56
Speaker 2: today submarines are becoming somewhat obsolete because you can use
20:01
Speaker 2: unmanned submersible drones. They can carry missiles, they can sit
20:08
Speaker 2: on the bottom, they don't need air or food or
20:11
Speaker 2: anything like that. They can even manufacture their own electricity
20:14
Speaker 2: from the seawater. I just don't see this is even rational.
20:21
Speaker 2: You have an objective that is absurd. I'm going to
20:24
Speaker 2: fight with my I'm going to literally fight with people
20:28
Speaker 2: who give me a lifeline and have protected me from
20:31
Speaker 2: economic downturns during the two thousand and eight election meltdown,
20:39
Speaker 2: and I'm going to get submarines that are going to
20:42
Speaker 2: be useless. I'm going to invest a tremendous amount of money.
20:46
Speaker 2: I mean, so you see countries kind of lining up
20:50
Speaker 2: saying that accepting this narrative that China is a threat.
20:53
Speaker 2: And that's the thing that kind of worries me. I
20:56
Speaker 2: think are short term people like Donald Trump whoever comes
20:59
Speaker 2: in and will recognize that there are supply chain issues,
21:03
Speaker 2: market issues, But the question is just this kind of
21:07
Speaker 2: continuous encirclement happened, because if it does, unfortunately, you know
21:14
Speaker 2: that does not spell well.
21:17
Speaker 1: But I know, I know those summary Obviously they do
21:20
Speaker 1: serve a purpose. You know, the military industrial conflict is
21:25
Speaker 1: getting paid. That is a purpose. I mean, like that's
21:28
Speaker 1: that I would say that is the goal. The goal
21:31
Speaker 1: is never to fight China. The goal is to continually
21:34
Speaker 1: funnel money into the pockets and military contractors, which does
21:39
Speaker 1: very well. It's it's a it's a feature.
21:42
Speaker 2: It's not a buck well until the money runs out.
21:47
Speaker 2: You know. Right now, if you look across the world,
21:51
Speaker 2: there should be a lot of concern. You have the
21:55
Speaker 2: central banks of countries around the world, about seventy percent
21:58
Speaker 2: of them have started selling US treasures. And then on
22:04
Speaker 2: top of that, there's a Reuter's report for at least
22:08
Speaker 2: two days ago which talked about the fact that high
22:12
Speaker 2: net worth individuals, the one percent to own most of everything.
22:16
Speaker 2: Guess what they're doing. They're also selling treasuries. Well, this
22:19
Speaker 2: is a time when the US is trying to borrow
22:22
Speaker 2: more money for you know, it's for its loading up
22:26
Speaker 2: the debt bomb. That will help them thirty nine trillion
22:31
Speaker 2: dollars in counting by the end of the year it
22:33
Speaker 2: will be over forty. That means they have to issue
22:36
Speaker 2: new debts. They have debts that roll over that they reissue,
22:41
Speaker 2: and the interest rates are going to go up. You
22:44
Speaker 2: know are already. It's a trillion dollars out of a
22:47
Speaker 2: six trillion dollar budget. Only keep in mind only four
22:51
Speaker 2: trillion comes in through taxes and revenues, So the US
22:57
Speaker 2: is in a hardened position where it's borrowed two trillion
23:01
Speaker 2: dollars a year just to survive them. That does not
23:04
Speaker 2: include extras, wars, all that kind of stuff that you
23:08
Speaker 2: have to add the special sauce and increase your debt borrowings.
23:12
Speaker 2: So at the same time that the appetite to sell
23:16
Speaker 2: that goes up, you have the major banks, and when
23:20
Speaker 2: the individuals selling, that means that in order to attract investors,
23:25
Speaker 2: they're going to have to raise their interest rates. It's
23:27
Speaker 2: at a trillion, that goes through a trillion and a half,
23:30
Speaker 2: and you're spending a trillion and a half on your
23:33
Speaker 2: defense budget last time I checked. That's three trillion out
23:38
Speaker 2: of a six trillion dollar budget. Two trillion of what
23:42
Speaker 2: you're borrowing. This is not sustainable. I mean, I told
23:47
Speaker 2: you you should just live on your credit cards. Just
23:49
Speaker 2: keep borrowing every year, you just borrow one third of
23:52
Speaker 2: your total expenses and just add it on. They don't
23:55
Speaker 2: worry about the interest costs, just borrow more to pay them.
24:00
Speaker 2: In many places, this would be called a Ponzi scheme.
24:04
Speaker 3: I borrowed to pay back the people I borrowed from,
24:10
Speaker 3: with no end in sight and absolutely no indication that
24:15
Speaker 3: there's any plan either by Republicans or Democrats to pay
24:19
Speaker 3: back in any meaningful way.
24:20
Speaker 2: You can say, oh, well, we won't know you remember
24:24
Speaker 2: the Freedom Caucus, but we will never allow one single
24:29
Speaker 2: more dollar of debt to be added to the debt pile. Well,
24:33
Speaker 2: I think that was about three trillion dollars ago. They
24:37
Speaker 2: seem to have rolled over and shown their belly to
24:40
Speaker 2: but Trump scratches it. But I know.
24:44
Speaker 1: Trump said, you know, if you borrow like ten thousand
24:47
Speaker 1: dollars on the bank, it's on you. But if you
24:50
Speaker 1: borrow a hundred million dollars on the bank, it's on
24:53
Speaker 1: the bank. It's no longer your Problemay, and.
24:58
Speaker 2: Right he knows that. Well, I mean that's he had
25:02
Speaker 2: six bankruptcies and the banks were actually giving him money
25:06
Speaker 2: to support his lifestyle because He somehow convinced them that
25:12
Speaker 2: everything that they were, what little they could get back,
25:16
Speaker 2: would be worth less unless they invested in his publicity machine.
25:20
Speaker 2: So he was still keeping his plane, he kept one
25:22
Speaker 2: of his boats. He had sell one big size out
25:26
Speaker 2: there and things like that, but he didn't have to
25:27
Speaker 2: sell his house in real estate, or the Bedminster place
25:32
Speaker 2: or things like that. So he was able to convince
25:34
Speaker 2: him to float them along until he got to a
25:37
Speaker 2: point where he could actually start. He didn't pay them back.
25:40
Speaker 2: He went bankrupt, but on some of the assets he
25:45
Speaker 2: was able to reach some sort of accommodation. This is
25:48
Speaker 2: I mean, this guy is incredible. He loves debt. I
25:51
Speaker 2: mean when he was building the Chicago Trump Tower, he
25:56
Speaker 2: borrowed hundreds of millions of dollars to complete it, and
25:59
Speaker 2: then because of the financial crisis, he says, I don't
26:02
Speaker 2: have to pay you back, Force Masure. We had an
26:05
Speaker 2: unprecedented town turn, so I don't need to pay you back. Obviously,
26:11
Speaker 2: the bank didn't feel that way. They sued him. There
26:13
Speaker 2: was a close to settlement, but it was assumed that
26:15
Speaker 2: they got their money back. Otherwise, it had taken the collateral,
26:19
Speaker 2: which was the tower itself. But after that, that's when
26:24
Speaker 2: Trump became unbankable. No one would lend him any money
26:28
Speaker 2: until you know, you had the Europeans hungry for to
26:34
Speaker 2: expand into America, and somebody think up to him actually said, well,
26:38
Speaker 2: here's a guy. He doesn't have much debt, all right,
26:41
Speaker 2: and he has you know, different assets and things like that.
26:44
Speaker 2: We should be lending him money. That they did much
26:49
Speaker 2: to their sugar, and there's a lot of strange, strange
26:55
Speaker 2: money flows going through there in the billions of dollars.
26:58
Speaker 2: But he wasn't with the all right. He was with
27:02
Speaker 2: what they call private credit. Private credit is rich guys
27:06
Speaker 2: are looking for deals. They don't want to go wandering around,
27:09
Speaker 2: so they use banks as consolidators. People go to the
27:12
Speaker 2: banks and said, hey, I got a deal. Well, you
27:15
Speaker 2: know the commercial people the real bank won't touch it. Okay,
27:19
Speaker 2: well how about you, guys, I'll offer you a better rate.
27:23
Speaker 2: And they walk it around to different clients and they say, hey,
27:29
Speaker 2: would you be interested in here's the interest rate, here's
27:31
Speaker 2: our evaluation. And because Trump couldn't get credit, he had
27:37
Speaker 2: very little credit, so it looked good on paper, but
27:41
Speaker 2: it became an interesting thing. There's a theory that this
27:45
Speaker 2: particular bank had a lot of Russian oligarch clients, and
27:51
Speaker 2: they were always looking to move money around. If you
27:54
Speaker 2: know what I mean, you'd like to send it to
27:56
Speaker 2: the laundrymat. Where did this money come from? Don't ask? Okay.
28:01
Speaker 2: And they seem to be very interested in Trump's properties,
28:06
Speaker 2: and not only did they fund it, but they would
28:09
Speaker 2: buy the properties and buy them out right take a
28:12
Speaker 2: mortgage on them. And that mortgage money was somehow clean.
28:17
Speaker 2: I'm not going to say it was a money laundering machine,
28:20
Speaker 2: but others have sense. So this was the way the
28:26
Speaker 2: way he goes about his businesses. He's very h He
28:31
Speaker 2: runs all of these ideas. He's a debt is nothing
28:35
Speaker 2: to him. In fact, the biggest you pointed out. He
28:38
Speaker 2: thinks the bigger the debt is, the more it's other
28:40
Speaker 2: people's problems, not he is. And so when he sees
28:44
Speaker 2: things going, I mean he went out and asked, I want,
28:47
Speaker 2: you know, four and a half five trillion dollars of
28:49
Speaker 2: a bandwidth, so I can I don't have to come
28:53
Speaker 2: back to Congress and ask you what what the money
28:56
Speaker 2: is going to be used for. I could just go
28:57
Speaker 2: out and spend like a drunken singular and you know
29:02
Speaker 2: it passed. I went through. The Republicans have been kind
29:07
Speaker 2: of kneeling over, but they are concerned. You know, there's
29:11
Speaker 2: concerns that you know, he's he's getting a little too
29:14
Speaker 2: much over the top data. They understand his his strategies.
29:20
Speaker 2: Whether they agree or not is another thing. But they're
29:23
Speaker 2: concerned about these midterm elections. They've been jerrymandering like crazy,
29:28
Speaker 2: changing the electoral maps of any state they can get
29:32
Speaker 2: their hands on. H and they've been fairly successful. But
29:35
Speaker 2: the problem that they have is at some point you
29:39
Speaker 2: run out of runway and the American people independence are
29:44
Speaker 2: the ones who decide who's going to be in office.
29:49
Speaker 2: Independents are not always independents. They find the voting patterns
29:53
Speaker 2: and you know, I love this stuff because the Sun campaigns,
29:56
Speaker 2: their voting camp patterns are that they favor one party
30:00
Speaker 2: or another, but they will switch. They're not totally loyal.
30:04
Speaker 2: So in this case, his biggest problem isn't that jerremandering maps,
30:08
Speaker 2: is the fact that he has run on the lowest
30:10
Speaker 2: approval ratings among independence Ever, so when you're down in
30:16
Speaker 2: that less you know, twenty less than twenty percent money
30:19
Speaker 2: independence that means you're going to lose.
30:24
Speaker 1: Yeah, but America can create money supply, right, I mean
30:28
Speaker 1: they is print money. I mean that even even Yla
30:34
Speaker 1: Musk said, you know, at this point, with the level
30:36
Speaker 1: of US national debt, the only way out is just
30:40
Speaker 1: inflated away. You flate the debt away. And then they
30:44
Speaker 1: can't do that just by keep on printing money.
30:49
Speaker 2: Well, yes they can, but what does you know, what
30:52
Speaker 2: does that do? Actually it makes American products cheaper, but
30:56
Speaker 2: it also leads to massive inflation, and you have warping
31:00
Speaker 2: effects that happen, have effects on employment, effects on the economy. Exports,
31:09
Speaker 2: I mean imports become more expensive. Does an essence here
31:13
Speaker 2: deflating your dollar. It's worthless and literally it could get
31:18
Speaker 2: to the point where it's worthless, as in any kind
31:22
Speaker 2: of hyperinflation. So they have to be a little bit
31:24
Speaker 2: careful about this. This idea that I can print my
31:27
Speaker 2: way to being financially responsible is nonsense. There are people
31:34
Speaker 2: who believe that, to say, well, they always pay the interest. Sure,
31:36
Speaker 2: to pay the interest. But the principle, all right, if
31:39
Speaker 2: I put a thousand into a Treasury note, okay, I'll
31:46
Speaker 2: get the interest on a regular basis, but what does
31:49
Speaker 2: that note carry? Who wants to buy that from me? Right?
31:53
Speaker 2: If inflation starts going up, I'm going to start saying, well,
31:56
Speaker 2: I need a bigger return on this sixteen seventy percent,
32:00
Speaker 2: and you're back to the seventies hyper inflation. And this
32:04
Speaker 2: is not the way to dig out your economy. It's
32:06
Speaker 2: not going to make people aren't going to invest in
32:09
Speaker 2: economy because there's no predictability. And that's Americans or international
32:15
Speaker 2: I'm going to say, oh, look there's a hyper inflation
32:17
Speaker 2: inflation that's looking Look look at Argentina, right, Yeah, they
32:22
Speaker 2: controlled inflation by killing the economy. I don't think that
32:26
Speaker 2: that's the way you want to do it. So this
32:28
Speaker 2: idea that printing money solves all things is, in my opinion,
32:33
Speaker 2: not complete nonsense. There are so many downsides to this
32:37
Speaker 2: which you never escape and literally ruins your economy.
32:46
Speaker 1: What's a way out? Like, right now, we're so deep
32:51
Speaker 1: in the hole. How did you dig yourself out of
32:55
Speaker 1: that hole?
32:59
Speaker 2: Well, eventually everyone can expect some sort of appreciation. Donald
33:03
Speaker 2: Trump said he wanted at least thirty thirty percent. But
33:06
Speaker 2: if you start looking at the real economics, how can
33:09
Speaker 2: the United States be competitive? The US. We have plenty
33:13
Speaker 2: of resources. That's not an issue. The question is what
33:17
Speaker 2: is the cost of getting those resources into usable form.
33:22
Speaker 2: You know, you have higher labor charges. Electricity in the
33:27
Speaker 2: United States is about even with electricity in China for
33:31
Speaker 2: industrial purposes, but for the average person it's inst simply higher,
33:37
Speaker 2: almost double. So you know, you might in theory, you
33:41
Speaker 2: have this idea that you can do it, but then
33:43
Speaker 2: you start getting into the details. China has the most
33:47
Speaker 2: up to date equipment and these transformers. Transformers allows you
33:54
Speaker 2: to take energy from one place to another place to
33:57
Speaker 2: establish a grid, which allows you a lot of redundancy
34:00
Speaker 2: and things like that. The US grid is aging and crumbling.
34:04
Speaker 2: You can see that in many states around, especially in
34:08
Speaker 2: places like Texas and things like that, where they privatize
34:11
Speaker 2: the electricity grid. And these guys say, well, we're not
34:14
Speaker 2: going to put in our money, right if you want,
34:19
Speaker 2: if you want to upgrade a system, you give us
34:21
Speaker 2: the money and then we'll profit from it. The usual stuff.
34:26
Speaker 2: So you start looking, how can the US be, you know,
34:30
Speaker 2: straight up competitive with Europe. Well, I think they can.
34:34
Speaker 2: Europe's energy cost is even higher than the United States.
34:38
Speaker 2: They're stuck buying ler G for somewhere between two two
34:42
Speaker 2: and a half to three times as much. You have
34:44
Speaker 2: to compress LNG is natural gas. You compress it, you
34:47
Speaker 2: have to have special ships, and then you have to
34:50
Speaker 2: depress it. It really is a quite involved in that situation,
34:55
Speaker 2: and that's why it costs more versus pipe gas. Pipe
34:59
Speaker 2: gas was making Germany and a lot of other European
35:04
Speaker 2: nations in pretty good shape. They at least had lower
35:08
Speaker 2: energy even if their wages were higher. Compliance is higher,
35:11
Speaker 2: et cetera. But the US, you depreciate the dollars so far,
35:17
Speaker 2: then the question is how do you take advantage of that?
35:21
Speaker 2: Are the people going to reindustriize America? I don't think so.
35:27
Speaker 2: Even when you depreciate the dollars, you're still paying people,
35:32
Speaker 2: you know, money at a higher rate, and they're going
35:37
Speaker 2: to ask for more because the cost of living has
35:40
Speaker 2: gone up. So you're kind of in this trap. It's
35:44
Speaker 2: a Gordian knot. You pull on one string and the
35:48
Speaker 2: whole ball of twine gets tighter because you can't separate
35:52
Speaker 2: the strings. And this is the kind of situation the
35:55
Speaker 2: US is in. It's taken forty five years to get
36:00
Speaker 2: where we are today. We've sacrificed the middle class. Back
36:05
Speaker 2: in seventy one or two, it was sixty percent of America,
36:10
Speaker 2: over sixty percent of Americans from middle class. Today, by
36:13
Speaker 2: the same measures, it's less than forty. Now. There's been
36:16
Speaker 2: some growth in the upper income levels, but nothing that
36:21
Speaker 2: is comparable. Go back to what I said earlier, sixty
36:25
Speaker 2: percent of Americans across the board feel that they're living
36:29
Speaker 2: paycheck to paycheck. They don't have, you know, hundreds of
36:32
Speaker 2: dollars in their savings accounts to do it. And right now,
36:38
Speaker 2: one of the most depressing things that I've seen is
36:43
Speaker 2: three days ago they announced that savings are going down
36:47
Speaker 2: because people are digging into their savings in order to
36:51
Speaker 2: just maintain their their lifestyle. And I'm not talking about
36:55
Speaker 2: trips to Jamaica. What they're doing is they're borrowing for food,
37:00
Speaker 2: pay the mortgage bill, pay the card bill, and things
37:02
Speaker 2: like that. That's obviously not sustainable. So you have a
37:07
Speaker 2: depressing situation for most Americans. That's why it's going to
37:12
Speaker 2: be very difficult for Donald Trump and other Republicans come
37:16
Speaker 2: this is interim election.
37:24
Speaker 1: Yeah, this is why I don't understand. Still, I mean,
37:30
Speaker 1: I still think Donald Trump if he really wanted to,
37:34
Speaker 1: he can just say he had a victory in Persian golf.
37:38
Speaker 1: He said he regime changed the government because now we've
37:41
Speaker 1: got a different comment. Nay empower and just leave.
37:46
Speaker 2: His father and child and wife. Yes, that's positive. The
37:50
Speaker 2: guy who said I have a fatoa, I absolutely forbid
37:56
Speaker 2: to go forward with a nuclear weapon. Change about for
37:59
Speaker 2: his grand for his son who you know, lost his family,
38:03
Speaker 2: damaged his leg. I'm sure he'll forget all about. That's
38:07
Speaker 2: that's a big improvement. I mean, there is nothing that
38:10
Speaker 2: Donald Trump has done Iran that has been right. All
38:14
Speaker 2: these people and you know, I hear from people while
38:17
Speaker 2: you know Iran was bad, Well why was it wrong? Back? Well,
38:20
Speaker 2: you know they kicked out the shop said, well, we
38:23
Speaker 2: kicked out the guy before the shot to install the shot.
38:26
Speaker 2: So when you want to where you start in history
38:29
Speaker 2: often gives you, you know, the answer you want, and
38:34
Speaker 2: you know you had it democratically elected government, and I
38:37
Speaker 2: believe it was in fifty four we came in and
38:40
Speaker 2: got rid of him because you know, they had so
38:43
Speaker 2: much oil. Certainly didn't want some guy who wasn't on
38:46
Speaker 2: our ta role controlling it. So we got the shot
38:49
Speaker 2: in there. He was friendly to us, but at the
38:51
Speaker 2: same time we maintained the Iyatola from any in Paris.
38:55
Speaker 2: We were paying his bills. Why because we would, you know,
38:59
Speaker 2: try to frighten the shop if you do anything we
39:02
Speaker 2: don't like. We got this guy over here and he
39:05
Speaker 2: could replace you. Just remember we put you in, we
39:08
Speaker 2: can take you out. And this has been the mantra
39:12
Speaker 2: for for so long. But I mean everything is there.
39:16
Speaker 2: Is there anything you can point to that's gone right
39:19
Speaker 2: here in your war? We don't have the nuclear materials.
39:23
Speaker 2: We lost tons of planes. They still won't admit that.
39:26
Speaker 2: They tried to do a smash and grab for the
39:29
Speaker 2: nuclear materials and they landed on an airport with soft
39:32
Speaker 2: sand and they couldn't get the planes out and they
39:34
Speaker 2: ended up having to burn down their own planes. What
39:40
Speaker 2: a massive failure militarily and yet no accountability for it
39:45
Speaker 2: at all. And then the costs were now getting towards
39:48
Speaker 2: one hundred billion dollars. I know, one hundred billion there,
39:51
Speaker 2: one hundred billion here. You know, maybe it's real money.
39:54
Speaker 2: At some point right started looking at the cuts that
39:58
Speaker 2: they've made to social in the United States. They're getting
40:02
Speaker 2: rid of the Department of education. That hundred billion would
40:07
Speaker 2: have been could have saved a lot of things, to
40:09
Speaker 2: have provided school lunch. As the kids are getting rid
40:12
Speaker 2: of that, and they're you know, they're going in the
40:16
Speaker 2: wrong direction in terms of where the people. Ever, every
40:19
Speaker 2: time a missile is fired, all right, there's a few
40:22
Speaker 2: people who gain work at the missile factory, but the
40:26
Speaker 2: rest everybody else loses. And I don't mean just the
40:29
Speaker 2: United States, I mean around the world. The unpredictability factor
40:34
Speaker 2: of having somebody like Trump, you know, barging around into countries. Venezuela.
40:40
Speaker 2: Is it better off? Somebody was asking me yesterday, Oh, well,
40:43
Speaker 2: you know, maybe it's better off. I said, There's nothing
40:46
Speaker 2: has changed. It's still the same government. It's just headed
40:49
Speaker 2: by the former vice president who's now the president. They
40:52
Speaker 2: have Maduro in jail, things like that. Why isn't I mean,
40:56
Speaker 2: why isn't the press asking what's happening with Maduro's trial?
41:00
Speaker 2: All right, he's going to raise up jurisdictional objections. You
41:04
Speaker 2: kidnapped me. That's against international law. This whole thing is
41:11
Speaker 2: tainted by the fact that you did something illegal, and
41:14
Speaker 2: that's going to be a large part of his cases.
41:16
Speaker 2: I guess so if you don't hear about that. And
41:19
Speaker 2: this is where I think Trump's ability to manipulate the
41:25
Speaker 2: media is his master is bar On the best I've
41:29
Speaker 2: seen he no matter what happens, how he screws up,
41:36
Speaker 2: he is always able to distract from that. But the
41:41
Speaker 2: iranium war is unfortunately catching him to him because he
41:45
Speaker 2: set goals that he can't walk away with. He laughed,
41:50
Speaker 2: and I'm not laughed. He attacked Biden and also Obama
41:56
Speaker 2: for sending money to the Iranians. Well, the Iranians want
42:00
Speaker 2: twenty five billion dollars of their money that was seased,
42:04
Speaker 2: and they already they've transferred six billion dollars, which was
42:08
Speaker 2: in Korea, South Korea to Qatar, and they're trying to
42:14
Speaker 2: figure out how they can give that to him without
42:16
Speaker 2: appearing like the US did it. And that's it matters.
42:22
Speaker 2: Most of Trump right now is that how does it appear?
42:25
Speaker 2: And he can't walk away. So I know, I know
42:28
Speaker 2: you're saying, I just raise hands victory, I reinstalled a
42:34
Speaker 2: new government. Everything's going to be peachy keen. But he's
42:37
Speaker 2: trapped by his own rhetoric. He's you know, he said
42:40
Speaker 2: this war was all about the nucle materials. How can
42:42
Speaker 2: you walk away from a war that was all about
42:44
Speaker 2: one thing and declare victory? And then of course you
42:47
Speaker 2: have the straits of Romans. So there's just no way
42:53
Speaker 2: that he gets out of this. And he say, so,
42:55
Speaker 2: what is a strategy? Well, I can't get out of it,
42:58
Speaker 2: so I'll play it. I will play it like fluted.
43:01
Speaker 2: I will invent some sort of nonsense every day, you know,
43:06
Speaker 2: Superman costumes whatever, and takes suing the person who got
43:11
Speaker 2: eighty million dollars from him, having the Department of Justice
43:14
Speaker 2: go after her. Is he going to succeed? No, it's
43:17
Speaker 2: going to cost her some money, but she has eighty
43:20
Speaker 2: million dollars, so I think she can last for a while.
43:24
Speaker 2: But it's a distraction, just like everything else that he does.
43:29
Speaker 2: So yeah, I'd give it to him. He's he's doing
43:32
Speaker 2: very well keeping the American public glued to the screen.
43:35
Speaker 2: See what else he puts out on truth social But
43:40
Speaker 2: where's the meat? As they fatally said in a Wendy's commercial,
43:48
Speaker 2: what is he delivered to the American people? And these
43:50
Speaker 2: are the things that matter Americans most wouldn't be able
43:55
Speaker 2: to pin point to Iran on a map, and they
43:59
Speaker 2: have no of it. They just think there's a bunch
44:01
Speaker 2: of clire X running around beating women and things like this.
44:07
Speaker 2: They have. Everything they get is from social media or
44:10
Speaker 2: from the mainstream media, which says bad, bad, bad. Do
44:14
Speaker 2: they know the history? No, are they interested in though
44:17
Speaker 2: they are interested in the price of gasoline, They're interested
44:20
Speaker 2: in the price of groceries, eggs, all these things. These
44:23
Speaker 2: are the things that matter to the American public, and
44:26
Speaker 2: only American public, as anywhere you go on Earth. It's
44:30
Speaker 2: about the little things that matter. And Double isn't taking
44:34
Speaker 2: care of that. So he's trapped and he'll just continue
44:39
Speaker 2: to delay and to distract.
44:44
Speaker 1: Do you think I'm trying to look for silver lining
44:47
Speaker 1: all this? Do you think as a result of the
44:50
Speaker 1: Trump visit to China there will be at least a
44:53
Speaker 1: short period of stability in the Sino American relationship.
45:00
Speaker 2: I think the Chinese have calibrated this to be a
45:03
Speaker 2: two and a half year solution. What happens in two
45:07
Speaker 2: and a half years, So I mean they are looking
45:12
Speaker 2: long term. But as I said, I was very, very hopeful.
45:15
Speaker 2: This is the first time that anyone I've seen has
45:18
Speaker 2: really kind of corralled Donald and you know, made him understand,
45:23
Speaker 2: you'd like to be transactional. We're going to be transactional.
45:25
Speaker 2: You do a will do be and he knows what
45:28
Speaker 2: he has to do. He can only the distraction with
45:33
Speaker 2: China would be kind of like with Lebron, it would
45:36
Speaker 2: not work out well. He doesn't have these strategic minerals,
45:42
Speaker 2: you know. He rounded up thirty CEOs, including Jensen Huang,
45:47
Speaker 2: you know, to run over to China with him to
45:52
Speaker 2: ask what they could get out of the deal. That's
45:55
Speaker 2: these were big entities, and third of them were millionaires,
46:01
Speaker 2: and they were all over hereing and with their begging cup,
46:04
Speaker 2: and they were trying to see what he could shake
46:06
Speaker 2: loose for them. It didn't really amount to much. He
46:11
Speaker 2: had heard that when Mertz came, there was a promise
46:16
Speaker 2: that perhaps we could you know, the Chinese would buy
46:19
Speaker 2: two hundred and fifty Boeing the airbus jets. So his
46:25
Speaker 2: initial offer to the Chinese says, you give me five
46:28
Speaker 2: hundred Boeing jets, because that way I can claim that
46:32
Speaker 2: I'm twice as good as Mertz, that I'm the best
46:37
Speaker 2: deal maker in the world, and things like that. But
46:39
Speaker 2: Chinese are kind of looking at him, says well, why
46:41
Speaker 2: would you revive them? Suggest it's not like the seven
46:48
Speaker 2: forty seven and whatever of the eleven Max. You know,
46:52
Speaker 2: the one keeps falling kept falling out there. I think
46:55
Speaker 2: people still kind of remember that and you know there
46:59
Speaker 2: are issues there, but it's it's all I don't know,
47:02
Speaker 2: it's all nonsense. You could say a thousand jets, delivery
47:07
Speaker 2: time would be sometime and you know the next millennium.
47:10
Speaker 2: You know, it's just there's there's there's already a waiting
47:14
Speaker 2: list for new jets that might be downslowed slightly because
47:17
Speaker 2: of the impact. But once those orders are put in,
47:20
Speaker 2: they're there. Then you have to wait till they come
47:23
Speaker 2: out of the assembly line and you take delivery. You
47:26
Speaker 2: can then resell them, but Boeing isn't gonna give your
47:29
Speaker 2: money back if you cancel them. You know your place
47:33
Speaker 2: in line in terms of getting one. So it's it's
47:36
Speaker 2: creating actually more openings for China's domestic airline. On airline
47:43
Speaker 2: aircraft maker av they are powering ahead. I always love
47:51
Speaker 2: it because Airbus is a political entity, they have to
47:55
Speaker 2: share the work. So you have some work done in
47:57
Speaker 2: France and then they ship this huge fuseelage over to
48:01
Speaker 2: Germany and then they do some work there that goes
48:04
Speaker 2: somewhere else. Can imagine you have to have specialized ships,
48:08
Speaker 2: specialized trucks, all of these things in order to get it.
48:12
Speaker 2: It's a big production in China. They'll start at one
48:15
Speaker 2: end of the factory and you know, sixteen football fields later,
48:18
Speaker 2: you'll emerge every hour. Now, right now, they're not producing
48:22
Speaker 2: in mass numbers. They're taking a very very careful approach,
48:26
Speaker 2: which is very endemic of China. They're only producing so
48:30
Speaker 2: many years, it's just over double digits. And what they're
48:35
Speaker 2: doing is they're making sure that their entry in the
48:38
Speaker 2: market is not marred by problems with the planes themselves,
48:45
Speaker 2: which would in essence kill some of the things. So they're
48:47
Speaker 2: taking a very slow and deliberate approach. Their planning has
48:51
Speaker 2: been the key to China's success. Look at EVS. You
48:55
Speaker 2: know ten years ago they said, oh, yeah, we're going
48:59
Speaker 2: to get into bees. This is a future. We need
49:02
Speaker 2: to battle the smog that's in cities and things like this.
49:05
Speaker 2: We've got a lot of people. So what did they do?
49:09
Speaker 2: They did it, and then people came back. The auto
49:11
Speaker 2: companies came back after COVID and said, oh, my god,
49:14
Speaker 2: we adventure a new industry and we can't compete and
49:19
Speaker 2: we're we're losing share in our one of our biggest markets.
49:22
Speaker 2: You know, where's our revenue plan, where's our profitability? Where's
49:25
Speaker 2: our growth? So they've been really kind of stemming by that.
49:29
Speaker 2: But if if they just watched all right and seeing
49:33
Speaker 2: what the Chinese government is doing, they would have been ready.
49:37
Speaker 2: And I find this astounding. China if you know how
49:42
Speaker 2: to read, it is very very clear. It is not
49:44
Speaker 2: opaque at all. The details can be okay for obvious
49:48
Speaker 2: reasons that you don't want people gaming the system, but
49:52
Speaker 2: in terms of what they intended to do, it's very clear.
49:55
Speaker 2: And you know, unfortunately, I talk to a lot of
49:57
Speaker 2: people who are they consulting business and you know, they
50:03
Speaker 2: spend a few weeks a year here or something like that,
50:06
Speaker 2: or they spent some time a significant amount of time
50:08
Speaker 2: many many years before. And I'm amazed they're reading a
50:14
Speaker 2: China is I mean, you know, I'm looking and going, well,
50:19
Speaker 2: you understand how things work here, right, yeah, But why
50:23
Speaker 2: are you coming out with the stuff. It sounds like
50:25
Speaker 2: you're just agoing talk points from the places that you
50:29
Speaker 2: come from, whether it's Russels or you know, the United
50:33
Speaker 2: States or Washington. So I don't know what happens, but
50:38
Speaker 2: it's a situation where when people are out of China
50:41
Speaker 2: they lose track of the reality. I think, yeah, I
50:45
Speaker 2: think part of that is that China changes so quickly.
50:49
Speaker 2: Something Donald Trump noticed. He's a real estate guy. So
50:52
Speaker 2: when he came in from that airport and he's looking around, going, oh,
50:57
Speaker 2: wait a second, this isn't the place I was at
50:59
Speaker 2: nine years ago. You go back to New York, maybe
51:01
Speaker 2: you see one or two buildings or something like that.
51:05
Speaker 2: But here he came, there's a whole new infrastructure that
51:09
Speaker 2: parks urban development. People on the street. No, this isn't
51:13
Speaker 2: the economy that's failing. It's not what was my point?
51:17
Speaker 2: I think what was I talking about?
51:19
Speaker 1: You were talking about China's airline industry, that they're gonna.
51:24
Speaker 2: Airline industry, and then the fact that they plan this
51:28
Speaker 2: is going going. But you know the advisors that I
51:30
Speaker 2: talked to, I can sit on some public boards. They
51:35
Speaker 2: they really get out of touch very very very quickly.
51:37
Speaker 2: And I said this to a friend who was here.
51:39
Speaker 2: He's very involved. It's a very stuid guy. But he's
51:42
Speaker 2: he's now in Washington, and I said, every day in
51:45
Speaker 2: your Washington you're you know, there's a day that you
51:49
Speaker 2: lose relevance. I said, it's you know, you have your
51:52
Speaker 2: family that that's fine, but you have to be here
51:55
Speaker 2: because things are changing so quickly and you have to
51:57
Speaker 2: talk to people and read between the law is to
52:01
Speaker 2: not dictween the lines. You have to understand the direction.
52:04
Speaker 2: And it's not like they're not trying to tell you. Unfortunately,
52:07
Speaker 2: they sometimes use official speak and things like that, but
52:11
Speaker 2: understanding China is really about doing a lot of research, reading,
52:16
Speaker 2: talking to the right people and things like that. And
52:19
Speaker 2: that's not there's communication gaps. It's well, it's getting a
52:25
Speaker 2: little bit better. China has done this visa free program
52:28
Speaker 2: for so many places and has had huge rings. I
52:32
Speaker 2: think personally that if China were to do visa free
52:35
Speaker 2: from the United States. Yes, they get a bunch of
52:37
Speaker 2: spies or come over here trying to look around, but
52:41
Speaker 2: the vast majority of Americans who come from over would
52:45
Speaker 2: be astounded. I just had an old friend, I hadn't
52:49
Speaker 2: seen him twenty two years, and he came in Beijing
52:53
Speaker 2: and he stayed for a week, and it's real, what's
52:56
Speaker 2: your thought and this guy was a very high, high
52:59
Speaker 2: powered Gualues involved in sports franchise, a major one, and
53:05
Speaker 2: also another business where he's running a very very very
53:10
Speaker 2: influential community fund. And he just said, it's just not
53:15
Speaker 2: the place that I read about. This is a place
53:18
Speaker 2: where I'm safe. At four am in the morning, I said,
53:23
Speaker 2: my wife and I took a walk along the river.
53:26
Speaker 2: He said, this isn't. We don't, we don't, we can't
53:31
Speaker 2: measure up. I said, I'm rethinking of so many things.
53:34
Speaker 2: But he's been taking tours every year, just two or
53:40
Speaker 2: three months with his wife, and they go to other
53:42
Speaker 2: countries and they look at and he's been he's been
53:44
Speaker 2: through South America, he's done parts of Africa, he's now
53:48
Speaker 2: entering Asia. He's done the stands, everything like this. And
53:52
Speaker 2: he's been starting to say, well, you know things, things
53:56
Speaker 2: aren't the way we think they are, and it's time
53:59
Speaker 2: we aren't understanding them in real terms. And I think
54:04
Speaker 2: this is one of the major issues. So I think
54:08
Speaker 2: if there's going to be something that could really change things,
54:12
Speaker 2: I think it is saying Americans, you don't need a visit,
54:15
Speaker 2: come here for a fourteen days of a month or
54:19
Speaker 2: something like that it certainly helps tourism, so there are
54:24
Speaker 2: media gratifications that the embassies get to exchange more. But
54:30
Speaker 2: I mean changing that perception is so necessary because at
54:34
Speaker 2: the top it's become Balkanized. You have the neocons and
54:39
Speaker 2: the neolibs now, you know, basically talking from the same
54:47
Speaker 2: the same papers there they're talking about. You know, it
54:49
Speaker 2: has to defend Israel and we have to you know,
54:52
Speaker 2: explort freedom and all this type of stuff. And you
54:56
Speaker 2: know they're insolent, they're ideological. They accuse other peop being ideological,
55:01
Speaker 2: but they're more ideological than anybody else. At this point,
55:03
Speaker 2: now ask can you explain all the wars, all the
55:06
Speaker 2: horrors that we inflict on others, how we stand by
55:09
Speaker 2: while Gaza gets pumbled. You know, there's no way you
55:15
Speaker 2: have to. You have to leave some of your humanity
55:18
Speaker 2: behind when you embrace something that says I can kill
55:21
Speaker 2: people in order to do good. You know this, this
55:25
Speaker 2: is the mantra that the Japanese use, Germans, anybody, any
55:30
Speaker 2: empire in the past. And we're try to convince people
55:33
Speaker 2: that the people that are fighting were less than human things.
55:36
Speaker 2: But you know what, I never understand Carl is when
55:41
Speaker 2: you do that. Let's say you're victoria. It doesn't matter
55:45
Speaker 2: if you're victorious or you're defeated. You go back. Those
55:49
Speaker 2: people go back home, and the cost to society is
55:54
Speaker 2: over multiple generations. You know, you go back to the wife,
55:59
Speaker 2: you think things are going to be just honky doric.
56:01
Speaker 2: Him waking up the atrocities in his dreams. How's he
56:07
Speaker 2: gonna be with his children, with the rest of society.
56:11
Speaker 2: You know, I knew people who went to World War two,
56:17
Speaker 2: Korean and Vietnam. The scars continued. You know, they thought
56:24
Speaker 2: they were young, they were trying to protect themselves. They
56:26
Speaker 2: fought for the guy next to them, but when they
56:29
Speaker 2: saw the carnage that they inflicted also inflicted upon them.
56:33
Speaker 2: I'm seeing your best friends, you know, half his space
56:37
Speaker 2: blown off. That's not that something you forget. So those
56:41
Speaker 2: wounds carry on. And then eventually, if you're the victim,
56:45
Speaker 2: you believe that power is the only true source of security,
56:51
Speaker 2: and you're more likely to start a war because you
56:55
Speaker 2: believe that, well, unless I do it something, they do
56:58
Speaker 2: it to me. And we see that with Israel. You
57:02
Speaker 2: know what happened with the Holocaust, and now they're repeating it.
57:06
Speaker 2: Then you see it with a situation where you have victors,
57:10
Speaker 2: like the United States. We've we've you know, we've not prevailed,
57:15
Speaker 2: but you know we've we've walked away in declared victory
57:18
Speaker 2: in different instances. But we have this deep, really dark
57:24
Speaker 2: part where we always assume that any other country who
57:29
Speaker 2: had the power we had would do exactly what we did,
57:33
Speaker 2: and that fear is unspoken in those cases. You can
57:38
Speaker 2: hear in the attitudes of people that you talk, especially neocons,
57:41
Speaker 2: and since it's all about power, they'll be a sissy einer.
57:45
Speaker 2: You know, you think, you think, you think you know
57:48
Speaker 2: making the world is a better a better place. It is.
57:51
Speaker 2: It's a terrible place and the only thing that rules
57:53
Speaker 2: is if we have the power. Because we don't have
57:55
Speaker 2: the power, it'll be used against us. And this, this
57:58
Speaker 2: kind of attitude, this is the endmy And it's not
58:04
Speaker 2: that these are bad people or they beat their dogs
58:07
Speaker 2: or something like that. It's just they really believe in
58:10
Speaker 2: the Seles. I mean, Jig Chain, this is exactly what
58:13
Speaker 2: he believed about the world. Right. It's a horrible place
58:17
Speaker 2: and you used to have to be more horrible than
58:19
Speaker 2: anybody else. That's inviting in a nutshell, I hope and
58:24
Speaker 2: civilizationally they realize, you know, if you look at China
58:26
Speaker 2: and they say, look, we've seen what horrible does. Doesn't
58:31
Speaker 2: solve anything. It just makes sure that the conflict goes
58:34
Speaker 2: on to the next generation or two generations down the line.
58:39
Speaker 2: So that's not the way to go. So they say, okay,
58:42
Speaker 2: maybe there's a way that we can reach consensus when
58:45
Speaker 2: when prosper I prosper, we don't need to fight. Not
58:49
Speaker 2: that that's always the case situations where there's prospering, but
58:55
Speaker 2: then people get greedy and they say, well, why you
58:58
Speaker 2: should I want what you have, and that leads to
59:02
Speaker 2: trouble so human nature to a large degree. But hopefully
59:07
Speaker 2: I'm hoping that with AI there is you know, it's
59:14
Speaker 2: it's like anything else, it's a dual sided sort. But
59:17
Speaker 2: I'm hoping that it's somehow remind us that the things
59:20
Speaker 2: that we've done in the past, the mistakes, they don't
59:23
Speaker 2: need to be repeated again. We could actually do something new,
59:28
Speaker 2: stop the cycle of violence and nonsense, because it just
59:31
Speaker 2: doesn't work. I mean, if you say it works, you
59:35
Speaker 2: show me where it works. I say, oh, well, the
59:37
Speaker 2: empires they took overends, you know, but in turn they
59:40
Speaker 2: were taken on. So, you know, how do you want
59:44
Speaker 2: to see the world? What kind of world do you
59:47
Speaker 2: want to live? This is what I always ask people.
59:50
Speaker 2: I'm not trying to be Pollyannish and say, oh, you
59:53
Speaker 2: know dreams and lollipops. Is saying, how do you want
59:58
Speaker 2: your children to live? In fear? Thinking that if I'm
1:00:04
Speaker 2: not tough for reference and cheat this guy out and
1:00:08
Speaker 2: cheated by them. That is exactly how criminals think. They're
1:00:13
Speaker 2: always assuming that they'll do it to me before unless
1:00:16
Speaker 2: I do it to them first. And it's all fair
1:00:19
Speaker 2: because they're all thinking exactly like me. And this is
1:00:22
Speaker 2: true of pedophiles and these guys. It's just everything is
1:00:28
Speaker 2: justified because that's that's the other of the world. I've
1:00:30
Speaker 2: never seen anything come out positive of any of that stuff.
1:00:35
Speaker 2: So I ask people what kind of world do you want?
1:00:38
Speaker 2: What kind of world do you want for your children?
1:00:41
Speaker 2: It's a harder question right now, especially in the United States,
1:00:43
Speaker 2: because people are to worry they're up against the wall economically.
1:00:51
Speaker 2: You know, you have what twenty percent of American skipping
1:00:56
Speaker 2: meals not because they want to get thin, they want
1:01:00
Speaker 2: to make sure that the food goes to their kids,
1:01:03
Speaker 2: or that they can pay the you know, the car, build,
1:01:08
Speaker 2: the credit card build. It never seems to go down
1:01:11
Speaker 2: the interest on it. This is the part where government
1:01:16
Speaker 2: can help. Government should be out there making sure that
1:01:19
Speaker 2: I'm getting a fair deal, not doing it for me.
1:01:23
Speaker 2: I'm simply saying, here are the opportunities. You have to
1:01:26
Speaker 2: go get them yourselves. But we're not going to let
1:01:29
Speaker 2: people cheat you institutionally. Why should credit card companies be
1:01:33
Speaker 2: charging you know, thirteen to twenty two percent. You know
1:01:38
Speaker 2: you bought it on credit because you didn't have the cash, right,
1:01:43
Speaker 2: or if you're rich, just for the points, right. But
1:01:47
Speaker 2: it's it's really a beggar thy neighbor approach. Government should
1:01:53
Speaker 2: be moving in and say, okay, obviously credit is needed.
1:01:58
Speaker 2: The credit has to be extent into a reasonable terms.
1:02:02
Speaker 2: When you have these people who are buying groceries now
1:02:06
Speaker 2: to pay later, so they don't have any money, they
1:02:09
Speaker 2: don't have any credit, they're buying groceries and they're going
1:02:11
Speaker 2: to pay up to thirty percent more for the same
1:02:14
Speaker 2: groceries simply because they have to eat today and they're
1:02:17
Speaker 2: hoping that tomorrow will somehow work out. When the lottery,
1:02:22
Speaker 2: my boss gives me a pay raise something. They don't
1:02:25
Speaker 2: know what's going to happen, and they're desperate. Listen, this
1:02:28
Speaker 2: is the sad part. I mean, we we're facing such
1:02:32
Speaker 2: difficult times. The solutions, as you said, what is the
1:02:36
Speaker 2: silver lining, cheat whiz, Just be nice for each other.
1:02:40
Speaker 2: Stop investing in the wars and munitions and things like that,
1:02:44
Speaker 2: Start investing in education, social welfare, the things that are
1:02:49
Speaker 2: going to make a better society. I mean, there's a
1:02:52
Speaker 2: proven except for Cuba, of courses allow them to do anything.
1:03:02
Speaker 2: Those are the ones that actually achieve a great deal
1:03:06
Speaker 2: of happiness. There are places like Nepal where they're very happy,
1:03:12
Speaker 2: but that has more to do with spiritual connotations to it.
1:03:15
Speaker 2: It doesn't have to do with their economics. But in
1:03:18
Speaker 2: terms of economic and advanced countries, education is in direct
1:03:22
Speaker 2: correlation to people's ability to be happy and enjoy life understanding,
1:03:29
Speaker 2: so why not do more of that. We have the
1:03:31
Speaker 2: tools AI. You don't need to have teachers in classrooms.
1:03:34
Speaker 2: You don't even need classrooms. People can literally learn online
1:03:42
Speaker 2: using an AI that goes at their speed. Once they've
1:03:44
Speaker 2: mastered it, they move on to the next thing. They
1:03:47
Speaker 2: can do it quickly, great, they have to do it slowly,
1:03:49
Speaker 2: fun whatever. There's no human help involved, all right, it's
1:03:55
Speaker 2: ultimate patience. And I think this would make a huge
1:03:59
Speaker 2: degree difference to students. Obviously they need to learn how
1:04:04
Speaker 2: to be social and do things together. But community projects,
1:04:08
Speaker 2: there's so many that. My point, Carl is, there's so
1:04:10
Speaker 2: many things you could be doing that don't cost a
1:04:12
Speaker 2: lot of money, But instead we're spending money on things
1:04:16
Speaker 2: like wars killing people. Because if that's a solution.
1:04:21
Speaker 4: Definitely, yeah, it is what it is, unfortunately, and I'm
1:04:32
Speaker 4: just glad you are offering some hopeful solutions in this
1:04:37
Speaker 4: very dark time.
1:04:38
Speaker 2: And I mean, Carl, if you want to get concrete,
1:04:44
Speaker 2: all right, there is a solution out there. It's very simple.
1:04:47
Speaker 2: You have the EU bricks, the stands, Africa and South
1:04:54
Speaker 2: America come together and say, look, we cannot let just
1:05:00
Speaker 2: between three nations in Israel, US in Iran to punish
1:05:06
Speaker 2: our people because we're governments and we have a duty
1:05:09
Speaker 2: towards them. So we're going to band together on this
1:05:11
Speaker 2: one one time and just say it's time to knock
1:05:15
Speaker 2: it off. Israel, give up your nuclear weapons so that
1:05:18
Speaker 2: we can have a nuclear free Middle East, the US
1:05:23
Speaker 2: stopped interfering in other nations, stop the sanctions, stop nationally,
1:05:30
Speaker 2: download from democracy from trying to to stabilize more countries
1:05:33
Speaker 2: than it already has Iran. If they're if this piece
1:05:38
Speaker 2: goes through and you get some reparations and you the
1:05:43
Speaker 2: sanctions go off, you have to stop supporting any groups
1:05:47
Speaker 2: that favor either an extremism, terrorism, or separatism. These are
1:05:53
Speaker 2: actually all things that are within the s c O.
1:05:59
Speaker 2: Shanghai Qualk Racial Organization, which is a group that does
1:06:02
Speaker 2: not do outward alliances. What it does is say countries
1:06:06
Speaker 2: are what they are, and what we will do is
1:06:08
Speaker 2: defend them from internally from these three what they call evens, separatism, terrorism,
1:06:16
Speaker 2: and extremism. It sounds like a pretty good plan. You
1:06:21
Speaker 2: have nations today which are complex. They weren't. They weren't
1:06:27
Speaker 2: created by a mastermind. They were created by accidents of birth,
1:06:32
Speaker 2: whips about royals, conquest about empires, and then cynically by countries.
1:06:40
Speaker 2: They retreating colonials in essence to make them client states.
1:06:46
Speaker 2: Put a minority in charge majority, and then tell the
1:06:50
Speaker 2: minorities as well, if you want us to support you,
1:06:55
Speaker 2: there's some things you could do for us. So it's
1:06:57
Speaker 2: time to put those those days behind for the countries
1:07:02
Speaker 2: of the world to say things, and the threat is
1:07:06
Speaker 2: not military. What they do is they come together and say, look,
1:07:10
Speaker 2: if the three of you don't do this, we'll stop
1:07:12
Speaker 2: trading with you, and we're the rest of the world,
1:07:16
Speaker 2: and your economies will go bankrupt. Even the US four
1:07:22
Speaker 2: point three trillion dollars worth of imports last year. And
1:07:25
Speaker 2: these aren't things like Gucci backs. These aren't things that
1:07:29
Speaker 2: we can say, oh, we don't need those. These are
1:07:32
Speaker 2: essentials for our industry, for ourselves. These are things that
1:07:38
Speaker 2: if we had to make them ourselves or probably cost
1:07:41
Speaker 2: about fifty to sixty percent more So. America is, despite
1:07:46
Speaker 2: its idea that it stands alone, is connected and it's
1:07:50
Speaker 2: time somebody reminded of it. Should be the United Nations,
1:07:55
Speaker 2: but it's hopelessly bogged down because of the Security Council.
1:07:58
Speaker 2: This idea of there's a privilege that's associated with power.
1:08:04
Speaker 2: Interesting idea by a group of countries that came together
1:08:07
Speaker 2: under this idea that democracy is the main issue. It's
1:08:13
Speaker 2: what should be promoted. The almost undemocratic institution in the world.
1:08:18
Speaker 2: Unfortunately right now is the paralyzing. So there have to
1:08:25
Speaker 2: be some sort of other grouping that comes together and
1:08:28
Speaker 2: just says, look, you imagine if that happens, Carl, Israel
1:08:35
Speaker 2: is told you go back to your boundaries and you
1:08:39
Speaker 2: get rid of your nukes, then you're free and opens trade.
1:08:44
Speaker 2: No one's going to attack you because someone of things
1:08:46
Speaker 2: and will be a big guaranteurs. So the lines, if
1:08:50
Speaker 2: somebody starts moving to you, we won't wait for the
1:08:53
Speaker 2: board to start. Will will send in peacekeepers putting in
1:08:56
Speaker 2: between and attack the peacekeepers. Then it's an attack on
1:09:00
Speaker 2: on Albanizations and we just simply stop trading with you, right,
1:09:06
Speaker 2: and your country's finished. Israel is heavily dependent on exports.
1:09:11
Speaker 2: They can't trade with somebody there at your comedy with
1:09:13
Speaker 2: tank and then you have, you know, the US. The
1:09:17
Speaker 2: same same with Iran. They can't sell their oil. They
1:09:21
Speaker 2: have no revenues. So it's it's a potent way of
1:09:25
Speaker 2: changing the world to a better place and saying that
1:09:28
Speaker 2: the mantra from now on is that we sit down
1:09:31
Speaker 2: and talk before we start throwing tanks, or hopefully never
1:09:34
Speaker 2: throw tanks someone. There's always going to be frictions between countries,
1:09:39
Speaker 2: no question about it questions, how do you settle them?
1:09:41
Speaker 2: It always ends out a conference statele always you know,
1:09:45
Speaker 2: has to be negotiating. The question is do you do
1:09:48
Speaker 2: it before you've killed a lot of innocent people or
1:09:50
Speaker 2: do you wait until afterwards? I mean, I get so
1:09:54
Speaker 2: upset when they say bomb them back to the Stone ages.
1:09:58
Speaker 2: You know, we've been saying that since World War Two.
1:10:05
Speaker 2: Dresden Right, Tokyo, Kirishima, Nagasaki, Korean War, carpet bombing in
1:10:14
Speaker 2: the North Vietnam War. We're sitting at the negotiating table
1:10:20
Speaker 2: in Paris. Meanwhile, you institute a carpet bombing program, ancient Orange,
1:10:26
Speaker 2: all of this stuff in order to try to get
1:10:29
Speaker 2: leverage with the Vietnamese. What happens goes the exact opposite
1:10:33
Speaker 2: way to Vietnamese. Stop start insisting on certain hard lines
1:10:38
Speaker 2: because we're attacking, and we've done that in Iraq, Afghanistan,
1:10:44
Speaker 2: everywhere we're gone. It's always the same thing. As soon
1:10:46
Speaker 2: as we lose, it's time or then we don't see
1:10:49
Speaker 2: our objective being achieved, time to bomb them back to
1:10:51
Speaker 2: the Stone ages. I mean, in humanity of that. The
1:10:56
Speaker 2: people you're bombing aren't soldiers. You're talking about civilians. The
1:11:02
Speaker 2: definition of terrorism is that you're attacking people. Have nothing
1:11:06
Speaker 2: to do with any kind of military thing against your
1:11:11
Speaker 2: attacking innocent people to prove a point, your ideology. So
1:11:17
Speaker 2: by that notion, the United States have been in terists
1:11:21
Speaker 2: for a long, long period of time. Now we're adding
1:11:25
Speaker 2: to that, and that it's openly where a road state.
1:11:28
Speaker 2: I don't believe in international law. We break treaties, we
1:11:32
Speaker 2: attack people while we're negotiating with them. There's absolutely no trust.
1:11:38
Speaker 2: Without trust, you can have a decent world. You have
1:11:42
Speaker 2: to happen. I'm hoping that we don't get to a
1:11:45
Speaker 2: Westphalian moment. But Ture Westvalia was when Thirty Years War ended.
1:11:51
Speaker 2: The Protestants and Catholics were so sick and tired of
1:11:54
Speaker 2: slaughtering each other. And I need slaughtering and go to
1:11:57
Speaker 2: a village, kill everybody, man, woman, and then there'd be
1:12:02
Speaker 2: a retaliation doing the exact same thing. I got so
1:12:05
Speaker 2: tired of it, and they were bankrupt, and they said, okay,
1:12:07
Speaker 2: you you will be us. You can be Catholic, will
1:12:10
Speaker 2: be Protestant. It's you know, it's their border. That's where
1:12:14
Speaker 2: we draw the line. What happens in my side of
1:12:17
Speaker 2: the word is my business years and years. But just
1:12:20
Speaker 2: think they could have done that without all the census
1:12:23
Speaker 2: slaughter if there was only a mechanism to do it,
1:12:27
Speaker 2: and I think that mechanism is here. Chi Jimpag has
1:12:30
Speaker 2: talked about Global Governance Initiative. I can't imagine any more
1:12:34
Speaker 2: pressing concern for the Global Governance Initiative than first the
1:12:40
Speaker 2: Iran war and then second global warming, which is going
1:12:44
Speaker 2: to threatening us all. And I don't care if you
1:12:47
Speaker 2: want to hide your head in this end and say
1:12:49
Speaker 2: I don't, I don't see it. It's there. It's having impacts.
1:12:55
Speaker 2: What we do today is going to have an effect
1:12:57
Speaker 2: on us tomorrow. And as I said, what kind of
1:13:00
Speaker 2: world do you want to live in? And I don't
1:13:03
Speaker 2: really hear that much anymore. They always talk about what's
1:13:07
Speaker 2: in it for us, and I'm hurting and give me this,
1:13:10
Speaker 2: but if you're not thinking about the future, you're probably
1:13:13
Speaker 2: only thinking about yourself, and that selfishness is really caustic.
1:13:19
Speaker 2: It is making the world less safe, making us more
1:13:26
Speaker 2: afraid of each other. And there's no part of it
1:13:30
Speaker 2: which I can imagine as as positive. But it's okay.
1:13:34
Speaker 2: I'm gonna end on this problem in I was I
1:13:39
Speaker 2: was talking to an ex ambassador who was written on
1:13:41
Speaker 2: treatise on Taoism, and then Taoism you know the ying yang.
1:13:48
Speaker 2: You know there's always you have two parts white and black.
1:13:53
Speaker 2: The black is never completely black? Why is never completely
1:13:56
Speaker 2: black white? There's all the elements and things, and then
1:13:59
Speaker 2: it forms a circle. And this is the idea that
1:14:03
Speaker 2: we do throughout history. We get out of balance, but
1:14:08
Speaker 2: then there's a natural tendency to get out of balance,
1:14:12
Speaker 2: but also a natural force that tries to bring us
1:14:15
Speaker 2: back into balance. And I think that's very emblematic of
1:14:18
Speaker 2: human nature. There are parts of us. Yeah it's not great,
1:14:22
Speaker 2: we're greedy and things like that, but there are also
1:14:24
Speaker 2: parts where we can degenerous, selfless help people when they
1:14:28
Speaker 2: need it. And that really is what we need to
1:14:31
Speaker 2: focus on. We need to start moving back from the
1:14:34
Speaker 2: break they're all black and start thinking about what elements
1:14:39
Speaker 2: can bring us together in balance. I'm not saying that
1:14:43
Speaker 2: you don't get to a perfect balance. Balance is dynamic.
1:14:47
Speaker 2: It goes in one direction and then the other direction.
1:14:50
Speaker 2: The issue is try to keep the balance as long
1:14:53
Speaker 2: as you possible.
1:14:54
Speaker 5: I can't try to be an active part of doing that,
1:14:58
Speaker 5: and I think of the things they're happening in China
1:15:02
Speaker 5: could be very very instructive.
1:15:04
Speaker 2: People always ask you, said, are you a COMMUNI assignment
1:15:07
Speaker 2: and said, no, I don't believe in anyism. I believe
1:15:12
Speaker 2: that the best government is the one that takes care
1:15:15
Speaker 2: of its people and has the ability to find people
1:15:21
Speaker 2: to be in governments who are in fact good people.
1:15:24
Speaker 2: I've never seen a government that's I don't care what
1:15:29
Speaker 2: the structure you have. If you have bad people running in,
1:15:31
Speaker 2: bad things happen. I've seen governments which the structure is
1:15:36
Speaker 2: the leafy, if you know what I mean. But they
1:15:38
Speaker 2: had good people and good things happened. So no matter
1:15:42
Speaker 2: what the system is, it's always comes down to good people.
1:15:45
Speaker 2: And so I respect governments that are able to produce
1:15:48
Speaker 2: good people, they're never going to have one. If you
1:15:51
Speaker 2: can produce good rulers who are or hereditary, great. The
1:15:58
Speaker 2: problem is sometimes you bad one. How do you deal
1:16:01
Speaker 2: with that? Those are systems I have the training, How
1:16:05
Speaker 2: do you make sure Why not make sure try to
1:16:09
Speaker 2: sure that the person that you're bringing to be the leadership,
1:16:13
Speaker 2: whether it's democracy or whatever, that they have the sense
1:16:17
Speaker 2: of service to the people not themselves, that they have
1:16:22
Speaker 2: good intentions. Good intentions don't always work out the way
1:16:25
Speaker 2: you think, but they're better than they try to do
1:16:28
Speaker 2: pure evil. So I do think there's a lot to
1:16:32
Speaker 2: be hopeful for it. I'm hoping that we're at the
1:16:35
Speaker 2: bottom of a trough and that after, you know, do
1:16:40
Speaker 2: we hit bottom and the nations act, people understand and
1:16:45
Speaker 2: start to understand it, then we can get back to
1:16:48
Speaker 2: creating the kind of prosperity that can help us all.
1:16:50
Speaker 2: I mean, we stand on the brink of the revolution
1:16:53
Speaker 2: where the food we need to eat, places, sleep, clothes, cities, roads, everything.
1:17:02
Speaker 2: A lot of that can be done by robotic labor
1:17:06
Speaker 2: and a lot of organization things that was frankly quite
1:17:09
Speaker 2: boring can be done by aon. So we will be
1:17:14
Speaker 2: less tethered to our gaily, to our personal needs and
1:17:19
Speaker 2: to our societal needs. The question is where do we
1:17:22
Speaker 2: go from there? All right, we have this extra time
1:17:26
Speaker 2: because we can feed ourselves and foods is there. Everything's
1:17:31
Speaker 2: we have, housing, clothing, What what we do after that?
1:17:35
Speaker 2: Wouldn't it be nice to think that we start helping
1:17:38
Speaker 2: each other. There are a lot of needs that are
1:17:42
Speaker 2: could be filled. Yes, you can have an AI talk
1:17:44
Speaker 2: to your grandmother. I don't know. It's kind of what
1:17:48
Speaker 2: what what if children could learn from their grandmother? You see,
1:17:51
Speaker 2: this is the part that they don't that people don't
1:17:54
Speaker 2: think about the AI talk to your grandmother. Maybe they
1:17:57
Speaker 2: put it into a into a a program, or they
1:18:00
Speaker 2: memorize it and becomes collected with and that's great. But
1:18:03
Speaker 2: when a child talks to the grandmother and they feel
1:18:07
Speaker 2: that love and that connection and the wisdom has passed
1:18:10
Speaker 2: between generations, two things right, and then those two things
1:18:15
Speaker 2: will never be adequately provided by an aon. So there
1:18:21
Speaker 2: are a lot of things for human beings to be here.
1:18:24
Speaker 2: We're just less connected to our physical needs and to
1:18:26
Speaker 2: our societal needs. The question is how do we grow
1:18:29
Speaker 2: into better people without these worries about sustenance and things
1:18:36
Speaker 2: like that. Perhaps we could become creative, be nice for
1:18:40
Speaker 2: each other, develop systems where we plan for the future.
1:18:46
Speaker 2: We put a high priority on the people that can
1:18:50
Speaker 2: help society maintain and sustain itself. We don't allow narcissistic
1:18:58
Speaker 2: jerks to round our country. Instead, we find people who
1:19:02
Speaker 2: have the experience and intelligence and empathy and empathy to
1:19:09
Speaker 2: help us move along. Maybe that becomes prized instead of
1:19:13
Speaker 2: how much money do you have? Since? What have you accomplished?
1:19:16
Speaker 2: What have you done for your society? What? What? What?
1:19:20
Speaker 2: What have you done to make the world your world
1:19:24
Speaker 2: and everyone else's world better? Maybe that's something we should
1:19:28
Speaker 2: admire people for. I mean, we give out Nobel prizes
1:19:31
Speaker 2: fortunately in recently kind of odd well prizes. But in
1:19:36
Speaker 2: the end, isn't it more aspirational than sending weapons out?
1:19:41
Speaker 2: Ironically the Nobel was the guy who bented dynamite, but
1:19:45
Speaker 2: we'll put that aside for now. But it does show
1:19:48
Speaker 2: that there can be ways in which you know, out
1:19:52
Speaker 2: of the darkness there always relights, and in the light
1:19:55
Speaker 2: there will always be darkness. The question is how do
1:19:57
Speaker 2: we balance something to deal with them part of something
1:20:01
Speaker 2: that's more aspirational and destructive.
1:20:06
Speaker 1: Wow, that's a very powerful message, and I thank you
1:20:09
Speaker 1: again for making the time to speak to us inarch.
1:20:13
Speaker 1: It's great every time. You always gave us solution as
1:20:17
Speaker 1: well as as listing the problems that's that's sorely missing nowadays.
1:20:23
Speaker 1: So thank you. If people want to follow you, where
1:20:26
Speaker 1: would they go?
1:20:28
Speaker 2: I have a substack that's called Asia Narratives. Substack is
1:20:34
Speaker 2: like a social media thing. I write articles on there,
1:20:37
Speaker 2: things like that. I'm on television a lot, so you
1:20:41
Speaker 2: can just enter my name ten Ei and ar e
1:20:44
Speaker 2: see it on the street. And I have a lot
1:20:47
Speaker 2: of different shows that I do like you sused to
1:20:50
Speaker 2: do about fourteen a week. Now I'm down about ten.
1:20:54
Speaker 2: But yeah, it's mostly commons about you know, what's going
1:20:59
Speaker 2: on and economically between the West and East. I have
1:21:05
Speaker 2: a company called Asian Narratives, which well, well, we provide
1:21:11
Speaker 2: information to companies and and those are interested in some
1:21:15
Speaker 2: amounts and things like that. Who are interested in the
1:21:18
Speaker 2: perspective on child's look me up if if you're interested,
1:21:22
Speaker 2: If any of this made.
1:21:23
Speaker 1: Sense, well it made a lot of sense to me.
1:21:28
Speaker 1: Every time I'm talking to you, I'm getting a free education.
1:21:31
Speaker 2: Maybe we're the crazy ones. Come up, maybe we're the
1:21:34
Speaker 2: crazy ones. Everyone else is saying they know that it's
1:21:39
Speaker 2: a horrible world, and you just got to be more horrible.
1:21:45
Speaker 1: Yeah, that's not the word I want to live in.
1:21:48
Speaker 1: So thank you, thank you, Einar and uh and good
1:21:52
Speaker 1: luck on your upcoming trip. I know you're you're you're
1:21:55
Speaker 1: you're thanks, so thanks for making time to speak to
1:21:57
Speaker 1: us before you are you said.
1:22:01
Speaker 2: Brother being married to a wonderful guy.
1:22:06
Speaker 1: Okay, guys, thanks for tuning in. Everybody follow make sure
1:22:11
Speaker 1: you follow Einar until next time.
1:22:14
Speaker 2: Bye bye