Latest / Talk to Prince Show - Solving World's Problems / Prince Israel Zaar on: To America and China, It's Competition Not War
Transcript
- 0:01Speaker 1: What the liberation the tariffs has reminded us is that
- 0:12Speaker 1: the the global economics, global politics, and geopolitical understanding of
- 0:22Speaker 1: the world and alliances have changed dramatically. And the most
- 0:30Speaker 1: important thing to take from the STARTUFS is that the
- 0:37Speaker 1: the concept that China needed the war more than the
- 0:44Speaker 1: war needed China is over. The war has come to
- 0:50Speaker 1: realization now that that the interconnectivity of China to the
- 0:55Speaker 1: global economy and the movement.
- 0:59Speaker 2: Of business and trade and commerce.
- 1:04Speaker 1: And logistics, and the importance of China and the financial
- 1:14Speaker 1: markets or the bond markets, and the believerage they have
- 1:20Speaker 1: in the banks, and their contribution unhappy and critical minerals
- 1:27Speaker 1: and critical components, and let's just say for everything from
- 1:32Speaker 1: the cars, to the hospital and to the applying or
- 1:38Speaker 1: to the microhape or to every part you need pick
- 1:43Speaker 1: up small and the basic things that people need. The
- 1:49Speaker 1: world has come to realization that China is here to stay.
- 1:58Speaker 1: And then that why the world was through politics and
- 2:02Speaker 1: through all this media propaganda, you know, building down on
- 2:09Speaker 1: China and on this polar coaster, this rampage and this
- 2:18Speaker 1: information and this information warfare, the countries have deceived their
- 2:23Speaker 1: people a lot to the extent that they deceive their
- 2:28Speaker 1: own politicians that China was not viter on China, it's
- 2:36Speaker 1: not that necessary. But the trade war and the tirest
- 2:41Speaker 1: war has proven that China is needed. That they don't
- 2:49Speaker 1: buy from China because you like China. You buy from
- 2:53Speaker 1: China because you need China. As they take away of
- 2:57Speaker 1: the status that you don't buy from China because you
- 3:01Speaker 1: like China, you like the Chinese people, they like the
- 3:03Speaker 1: Chinese culture, they like the Chinese political system, or the
- 3:07Speaker 1: Chinese government, or the Chinese president, or the Chinese world life.
- 3:13Speaker 1: The tarists, the tarists have proven, has proven that you
- 3:17Speaker 1: buy from China because you need China. So China has
- 3:22Speaker 1: become a need based economy. So what is confident and
- 3:28Speaker 1: what this tariff has done. It has given the Chinese
- 3:31Speaker 1: the confidence, understand to prove to the world that they've
- 3:38Speaker 1: taken seventy five years to make themselves to be relevant,
- 3:44Speaker 1: to be needed, to be censure, to be taken seriously,
- 3:49Speaker 1: and to make it very difficult for Chinese or the
- 3:52Speaker 1: Chinese market to be discarded. So for countries to do
- 3:58Speaker 1: well with China, they must build their own infrastructures and
- 4:07Speaker 1: they must build their own market change and the critical
- 4:12Speaker 1: infrastructures that they need. They must build their own industrial base,
- 4:19Speaker 1: they must derive their own educational system. It takes a
- 4:25Speaker 1: long time to do that. That's the that's the realistic commitment.
- 4:33Speaker 1: Speaking is cheap, and it's the action, it's the doing.
- 4:40Speaker 2: The choice.
- 4:40Speaker 1: If you want to replace China, the question becomes why
- 4:42Speaker 1: you want to replace China, Why you want to produce
- 4:46Speaker 1: the things that your market that that that your economy
- 4:49Speaker 1: is far more advanced from producing.
- 4:53Speaker 2: And when we want to decouple, to rebuild with the
- 4:58Speaker 2: risk that the.
- 4:59Speaker 1: Work move forward and move on without you, and the
- 5:05Speaker 1: best option is to accept that the one needs China.
- 5:10Speaker 1: And especially in Europe, when you're hoping speak and the
- 5:14Speaker 1: concept as if China is not necessary Chinese no vitor.
- 5:19Speaker 1: There has been a misinformation campaign. The most media has
- 5:26Speaker 1: corrupted the minds of the people to therefore push politicians
- 5:34Speaker 1: to take policies and take stands against China that realistically,
- 5:41Speaker 1: practically and pragmatically, it's impossible, you know, taking the concept
- 5:51Speaker 1: of h when the Chinese take it easy to talk
- 5:55Speaker 1: about bullying because they got a point in what they're
- 5:59Speaker 1: saying to the even the sarcistic a bully bullies the
- 6:05Speaker 1: weak h But when the bully bullies a strong or
- 6:13Speaker 1: a strong person, the country thinking that the person is weak,
- 6:20Speaker 1: and the bullies first first into a fight the fact
- 6:25Speaker 1: that it's unwinnable, because that was not a strategy. The
- 6:32Speaker 1: strategy was to bully countries and shaped things around and
- 6:36Speaker 1: people come to the table and then we get what
- 6:39Speaker 1: we want. But just as we excluded Russia, we shall
- 6:49Speaker 1: we should have excluded China and nkoshet with China, just
- 6:56Speaker 1: as we can Niccoshep with Russia. Well, just just as
- 6:59Speaker 1: we all use and reasons that we didn't give taristructure
- 7:02Speaker 1: to Russia because of the wine Ukraine, we should have
- 7:05Speaker 1: equally said we don't want to give tarists to China
- 7:07Speaker 1: because China is it's a necessary trading partner. It's not
- 7:14Speaker 1: a friendly or it's not friendship. It's a necessary trading partner.
- 7:18Speaker 1: And we should have negotiated with the Chinese knowing that
- 7:22Speaker 1: they can call our pluff and that they have taken
- 7:25Speaker 1: seventy five years to prepare for something like that. And
- 7:32Speaker 1: we don't blame the American leadership for trying. It is
- 7:37Speaker 1: the borders it has ever been, and it's the most
- 7:42Speaker 1: powerful and respected American administration that we have ever heard
- 7:48Speaker 1: to go face to face with China and to understand
- 7:52Speaker 1: our limitations and our strength. And once we understand our limitations,
- 7:57Speaker 1: and I was strength. And from what the markets are
- 8:00Speaker 1: telling us, and from what businesses and small suppliers of
- 8:06Speaker 1: business there some more businesses and some more business orders
- 8:14Speaker 1: and their demand and supply and logistics are telling us.
- 8:19Speaker 1: It's that it's unnecessary. That we're fighting with the necessary partner,
- 8:28Speaker 1: not a friendly partner, but the necessary partner. So we
- 8:32Speaker 1: suggest are going forward, we get to know what Chinese
- 8:37Speaker 1: are strong at, what we are strong at. We know
- 8:41Speaker 1: their vulnerability and their weaknesses, and we get to see
- 8:45Speaker 1: that we can do trade for the sake of the
- 8:48Speaker 1: global economy and for the sake of the prosperity of Americans.
- 8:52Speaker 1: We are from time to time threatening the tariff wars
- 8:56Speaker 1: and the trade embargos. Get to see it didn't work.
- 9:01Speaker 1: It's not working because that time has passed which would
- 9:07Speaker 1: be able to nego. Ship tried to bring the Chinese
- 9:12Speaker 1: to the table and to do meaningful negotiations.
- 9:19Speaker 2: Away from political plastery.
- 9:22Speaker 1: Because the end of the day, Americans paid for that.
- 9:36Speaker 1: The Chinese have become so sophisticated. I remember the threat
- 9:46Speaker 1: siliconductors the taiwan Is and the Netherlands, and now the Chinese.
- 9:55Speaker 1: The Chinese on need them animal.
- 9:59Speaker 2: H.
- 10:00Speaker 1: So this shows a lot of signs that the world
- 10:05Speaker 1: has shifted from what we thought the world was all about.
- 10:12Speaker 1: And the economics and politics and your politics together should follow H.
- 10:22Speaker 1: The whole way of thinking about China is different. The
- 10:26Speaker 1: Chinese study are opening the economy and the visa policy.
- 10:30Speaker 1: So you cat YouTube bloggers so that the information out
- 10:35Speaker 1: of in and out of China. Today there's no iron
- 10:38Speaker 1: curtain anymore. So the common person can see on TikTok,
- 10:42Speaker 1: on taboo, on a liberboro.
- 10:45Speaker 2: On timu.
- 10:47Speaker 1: It's it's a it's easy today to see where the
- 10:53Speaker 1: world is going. And if we don't want to be
- 10:56Speaker 1: left behind, we should read us our thinking, our politics,
- 11:04Speaker 1: and resist the core mentality and look for ways to
- 11:11Speaker 1: do business with China. Acknowledging that they're taking advantage of us.
- 11:19Speaker 1: The economic structure system is different from us. They're opening
- 11:24Speaker 1: up is slower than we think. At the same time,
- 11:30Speaker 1: American business is well around China, and we can have
- 11:35Speaker 1: political differences, but once economic differences are resolved. There is
- 11:43Speaker 1: no need for military wars or the concept of going
- 11:49Speaker 1: to war. Chips on everything from the airplane to the car,
- 11:55Speaker 1: to the phone to the watch. You know, the world
- 11:59Speaker 1: is the parts come from China, almost everything that we
- 12:02Speaker 1: might need. And if we cannot replace China, we should
- 12:09Speaker 1: not make it difficult for American businesses to tread with China.
- 12:16Speaker 1: And if you replace China, channel do businesses for other people.
- 12:22Speaker 1: And when the country become that formidable like China, threat
- 12:27Speaker 1: is met with counter threats. Tariffs is met with counter tariffs,
- 12:31Speaker 1: sanctions is met with counter sanctions. And the country we
- 12:38Speaker 1: pay the price the most because they always take us
- 12:41Speaker 1: surprisely and it comes where it bites the most. And
- 12:47Speaker 1: at the end of the day they take for tag.
- 12:52Speaker 1: It shows weakness, not strength. We cannot refuse that China
- 12:59Speaker 1: is a second life just economy. It's time for us
- 13:02Speaker 1: to accept that fact. And if we want to keep
- 13:05Speaker 1: o our dominance, we need to revamp our educational system
- 13:09Speaker 1: and say this time and again. And I don't see
- 13:15Speaker 1: the Chinese wanted to replace America. I don't see the
- 13:18Speaker 1: Chinese wanted to become a democracy. I don't see a
- 13:22Speaker 1: Chinese carry so much about human rights and freedoms around
- 13:25Speaker 1: the world. I don't see the Chinese trying to to
- 13:28Speaker 1: to to dominate American and the thing, but commerce and
- 13:35Speaker 1: science Domini domination or leadership in commerce and science is
- 13:41Speaker 1: open competition, and I always assume the American housewid it
- 13:45Speaker 1: texts our universities house, while it texts the American economy
- 13:50Speaker 1: and our wealth.
- 13:53Speaker 2: We have.
- 13:55Speaker 1: We have what it takes to be the leader in
- 14:02Speaker 1: science and technologies. We cannot stop China. It's been proven
- 14:07Speaker 1: that suctions then not do it. Tarists cannot do it.
- 14:12Speaker 1: It can only compete. So to prepare our students and
- 14:15Speaker 1: our industries to compete for that future as we'll be
- 14:21Speaker 1: left behind. One thing is clear. The Liberation Day has
- 14:29Speaker 1: proven that we don't buy from China because we like
- 14:35Speaker 1: the Chinese. We buy from China because we need the Chinese.
- 14:38Speaker 1: And once you understand this, it helps a lot to clarify.
- 14:44Speaker 1: A lot of things are the propaganda misinformation, and we
- 14:51Speaker 1: don't need to be doing that anymore. We can't take
- 14:55Speaker 1: them to replace China if it's necessary. But the more
- 14:58Speaker 1: we fight with the Chinese, the more we lose. Because
- 15:03Speaker 1: our economies are intertwined it's that we are fighting in ourselves.
- 15:10Speaker 1: You want to replace somebody and make sure you don't
- 15:13Speaker 1: need that person. You cannot be replacing the thing that
- 15:18Speaker 1: you need. So we are thinking, there's so much business today,
- 15:28Speaker 1: there's so much tried to go on between the two countries.
- 15:34Speaker 1: We don't have the same political system. We don't need
- 15:36Speaker 1: to we try to change a Chinese. They like the
- 15:40Speaker 1: way they are the five thousand years civilization purportedly, and
- 15:48Speaker 1: they like to call themselves Chinese, and we like to
- 15:51Speaker 1: call ourselves Americans. Our position around the world should depend
- 15:56Speaker 1: on how we invest in science and technologies, invest in
- 16:00Speaker 1: our educational systems. I will make ourselves to be necessary.
- 16:06Speaker 1: I will rebuild our economy. How are he educate our people?
- 16:14Speaker 1: And how we stop the combativeness.
- 16:18Speaker 2: Hm hmm.
- 16:20Speaker 1: We need to stop making China and the boogey person
- 16:24Speaker 1: and just redevelop from within. If you don't need China,
- 16:30Speaker 1: make yourself not to need China in its investment and
- 16:36Speaker 1: the businesses we suffer. Our strength, our economic strength, equality
- 16:44Speaker 1: depends on China. You cannot pull a leg of a
- 16:49Speaker 1: table and expect that table to stand.
- 16:55Speaker 2: For how long m hmm. If Americans don't do business
- 17:02Speaker 2: with China they do business with.
- 17:11Speaker 1: Think about it, and Americans want to do business which
- 17:14Speaker 1: and the Chinese want to do business with America. The
- 17:17Speaker 1: politicians need to sit and negotiate and stop the warmongering
- 17:25Speaker 1: and just just do business. Look for a rate of
- 17:32Speaker 1: tariffs that is acceptable. Critical industries are infrastructures can be
- 17:38Speaker 1: negotiated the one wise for key American industries, key strategic
- 17:46Speaker 1: American industries to be to be dependent on China, even wise,
- 17:54Speaker 1: for critical military technologies to be dependent on China stills
- 18:00Speaker 1: sorted out. You want to compete, you compete. It cannot
- 18:09Speaker 1: stop competition in the world that wants to compete. Politics
- 18:15Speaker 1: is not economics, So it's the difference between the two economics.
- 18:21Speaker 1: It is numbers. Sometimes it's in numbers, don't lie. Economics
- 18:28Speaker 1: is based on projection, stability and confidence, uncertainty and flexibility.
- 18:43Speaker 1: So we are thinking the Chinese must not be our
- 18:48Speaker 1: enemies just because there is econologie's economy. We can prevent
- 18:55Speaker 1: that from happening by doing more business, educate ourselves more,
- 19:03Speaker 1: investing ourselves more. It's the time for competition, we like
- 19:09Speaker 1: it or not, It's the time for reinvestment. As the
- 19:14Speaker 1: options we have competition and reinvestment, competition in education, in
- 19:22Speaker 1: science and technologies, reinvestment in education, science and technologies. People
- 19:33Speaker 1: trade because they need something. They want something. If we
- 19:38Speaker 1: take away the trade and must fulfill the need, as
- 19:43Speaker 1: humanity suffers. We don't want countries to trade with China.
- 19:50Speaker 1: Do we have what those countries need at a price
- 19:54Speaker 1: is reasonable for them to accept? And for how how
- 20:00Speaker 1: long we prevent people from trading with others? The free
- 20:05Speaker 1: market studied in England and our capitalism is based on
- 20:10Speaker 1: that philosophy that more trade is good, a small trade
- 20:17Speaker 1: makes more money. Every China is a threat to our
- 20:24Speaker 1: economy or our political system, or dominance in the war,
- 20:32Speaker 1: and we can't take care of those key factors which
- 20:35Speaker 1: have to mitigate it. We don't to go to war
- 20:38Speaker 1: for it, and don't need to staff your economy for it,
- 20:42Speaker 1: and I need to destroy your economy. For political arteologists,
- 20:54Speaker 1: the economy comes first and politics follow follow us. The
- 21:01Speaker 1: economic actually survive without politics. They said, I let the
- 21:06Speaker 1: market decide. In the free market system, politicians are just
- 21:15Speaker 1: regulators to make sure that people play by the rules.
- 21:18Speaker 1: For arbitration, and through taxes and revenue, the government can
- 21:25Speaker 1: take care of the needy or those who fall in between.
- 21:29Speaker 1: The cracks of capitalism as the rule of the government
- 21:34Speaker 1: to mention people follow the rules, to create stability, to
- 21:38Speaker 1: make the markets to be conducive, to create confidence in
- 21:41Speaker 1: the market, to have straightforward policies, unsustainable idealogies. The markets
- 21:56Speaker 1: need to know what the politicians are thinking ahead of time.
- 22:06Speaker 1: China is not going nowhere. It's one point four plus
- 22:11Speaker 1: billion people, and they have invested a lot in themselves,
- 22:16Speaker 1: in the infrastructure, and it's the term they want to
- 22:20Speaker 1: showcase themselves to the world. It's a tough competition for
- 22:25Speaker 1: the US. We need to adjust to that. American has
- 22:32Speaker 1: overcome so many challenges. More more more people still want
- 22:41Speaker 1: to invest in America anywhere else. More people see trust
- 22:46Speaker 1: American universities than anywhere else. It's just a matter of choice.
- 22:51Speaker 1: It already invests in our people, in our infrastructure, in
- 22:56Speaker 1: our educational system, or keep wasting resources and letting our
- 23:04Speaker 1: business businesses lose money.
- 23:08Speaker 2: Trying to trying to prevent China on which we can't.
- 23:18Speaker 2: That's a choice.
- 23:21Speaker 1: The things it's good for us to do business with
- 23:23Speaker 1: the Chinese. It's good for us to come to a
- 23:28Speaker 1: compromise on a negotiation on the necessary targets. It's good
- 23:36Speaker 1: for us to hash our trade policies and make good
- 23:39Speaker 1: deals that benefit American businesses. It's good for us to
- 23:43Speaker 1: encourage the Chinese to open up to key sectors like
- 23:47Speaker 1: health care and finances and services that our beneficiar from America.
- 23:56Speaker 1: It's good that we keep encouraging Chinese to be able
- 23:58Speaker 1: to borrow from us after to to buy our bonds,
- 24:01Speaker 1: and for us to borrow from them as they borrow
- 24:05Speaker 1: from us. Toll still good for us to exchange our
- 24:10Speaker 1: intellectuals to know what the other side is thinking, just
- 24:14Speaker 1: as we do militaryly conflicting. We need to do education
- 24:17Speaker 1: at the conflicting economy. The conflicting for us not to
- 24:21Speaker 1: take decisions that come with the world economy. America is
- 24:26Speaker 1: that strong, the powerful, the confident that's difficult to replace us.
- 24:34Speaker 1: At the same time, we cannot be share of competition
- 24:39Speaker 1: makes What makes us number one is our power and
- 24:44Speaker 1: resilience to compete. I was assessed for new capital for
- 24:49Speaker 1: new market, our endeavor and sacrifice to push Americans to
- 24:57Speaker 1: those frontiers or all those countries on planner art to
- 25:00Speaker 1: seek new markets and create a new profit, a new
- 25:06Speaker 1: industrial base. That's what American does pass. The Chinese market
- 25:13Speaker 1: is so vast for us to cut ourselves out of it.
- 25:19Speaker 1: You cannot deprive yourself from the ocean and the fighting
- 25:23Speaker 1: over rivers and streams. That's a choice, philosopher Prince AI intelligences.
- 25:33Speaker 1: Philosopher Prince is reserved from the great state, from the
- 25:38Speaker 1: great city of Las Vegas, Ontarios, and the world economy,
- 25:48Speaker 1: and the confidence that we have our can do business
- 25:52Speaker 1: and trade with China, that American can compete compete with
- 25:56Speaker 1: China and Ween. We need to teach that all children
- 26:01Speaker 1: and teachers in school. We need to reinvent our educational
- 26:05Speaker 1: system to make it easier for our kids to compete
- 26:09Speaker 1: with the Chinese.
- 26:11Speaker 2: Its competition, not war. Through off thinking, thank you,