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The Day the "Rules-Based Order" Died: Canada's Revolt & the End of US Hegemony | Silk and Steel · UK Column Radio

0:01
Hello and welcome to another episode of the Silk and Steel
0:05
podcast. I'm your host Carl Zah.
0:07
Today I have back on the show our favourite guest, Einar
0:12
Tengan from Beijing. Welcome back to the show, Einar.
0:16
Carl, it's always a pleasure. I I you said that some, some are
0:20
one of your fans like me. I no accounting for taste, but
0:25
it is always a pleasure to be back with you.
0:27
Always real fun. Heard about your surfboard.
0:31
Very sorry to hear that. I blame the dogs.
0:34
That's what I always say, blame the dogs.
0:36
You know, we're living in dog years.
0:37
You know that every year of Trump is 7 years for the rest of
0:41
us. So I mean, you know, the good
0:44
news is in three more years will be, you know, it's like 21 more
0:47
years. I mean, this is like, you know,
0:49
longevity medicine. Oh wow.
0:56
Well, Trump makes everything interesting because like I like
1:01
I was telling you, I never expected, you know, major news
1:05
coming out of the doubles because normally it's a place
1:08
for people to sprout platitude and boiler template speeches.
1:13
But this year is different. You know, first you would we
1:18
heard from the Canadian Prime Minister Scott Carney.
1:23
Again, I never expected a speech like that from a Canadian Prime
1:27
Minister. And and now Carney is on, you
1:32
know, Carney, I know Carney is a Prime Minister, but he's on his
1:36
way to sound very presidential. And he's when he's giving that
1:41
speech at Davos, I can, you know, in parlance of the day he
1:46
will be called based. And then there's a Macron.
1:49
Macron also made some something very similar.
1:52
So both the, the, the jest of both their speech is that the,
1:59
the, the rule based international order is over.
2:02
In fact, Carney's straight out said that the rule based
2:06
international order was a lie. It was just that the lie that
2:10
benefited people like himself. You know, it benefited Canada,
2:14
Europe for a long time. So nobody wanted to say the
2:18
emperor has no clothes. But now the rule based
2:20
international order had decidedly broken down and it's
2:24
not just not working for United States, but it's also no longer
2:27
working for Europe and Canada. So now he's talking about this
2:32
is a rupture, not a transition. And then Macron also went down
2:36
to say that we need more Chinese investment in Europe.
2:41
So. There's a lot to unpack.
2:43
Well, on top of that, you've got the trash, you got the commerce
2:49
Secretary Lutnick going on to say, you know, why would the
2:53
Europe try subset? Why would Europe go to a green
2:57
transition when all it does is just benefit Chinese manufacture
3:01
of solar and wind power equipment And then and then,
3:07
then you have go ahead. No, but I mean, he has a point
3:12
because there are no windmills in China.
3:16
I mean, Donald Trump said this. He's never seen any, therefore
3:21
there aren't any. You know he's seen some off the
3:24
coast of his golf courses, so they must all be in Britain.
3:29
You've seen them in the US, so the rest of them must be in the
3:31
US Can't quite understand that. You can go to the satellite
3:36
pictures of China and Gansu. They have the largest wind farm
3:40
in the world. And coincidentally, China is the
3:44
largest installer of wind power in the world.
3:48
And the United States is second, fairly distant second, but still
3:52
second. It's just this denial of, of
3:56
reality, which is is quite interesting.
3:59
It's not new. We expect that Lutnick, I don't
4:03
know what what can you say? I feel sorry for his grade
4:08
school teacher. I don't think he passed many
4:11
grades. I, I don't say this lightly.
4:13
I mean, within the cabinet, it said that he is by far the
4:18
stupidest 1. And and you're not looking
4:20
exactly at a brain trust out there.
4:23
This is the guy who he went sitting and and answering some
4:27
questions about, you know, Gaza said, yeah, we've been preparing
4:32
this plan for years. Jared Kushner is literally
4:38
falling apart. His face is going through
4:40
contortions and he's like. Well, Lutnick definitely proves
4:48
what? Did I say?
4:49
Lutnick definitely proves that you don't have to be extra smart
4:53
to be a billionaire in the United States.
4:56
And and this guy, I call him Nut Lick because all he does is just
5:02
sucking up to Trump's balls all the time.
5:05
Well, you know, look, if you're not smart, you got to be
5:09
obsequious, right? I mean, this is like going back
5:13
to the, you know, the era of kings in Queens when they had a,
5:16
you know, they had a guy, a fool would, you know, make them
5:19
laugh. You know, they could be
5:23
deliberately or I just they are a natural.
5:27
I in his case to give it to him. I think he's a natural fool.
5:32
I don't think I don't think this is being put on.
5:34
I think he is. He's the real thing.
5:39
Yeah, So what? What's your take on, you know,
5:43
the, the Scott Carney speech? I mean, like, I, I, I did not
5:48
expect that out of all countries, Canada and, and, and
5:53
the, the, for a Canadian Prime Minister to say something like
5:57
that, which is definitely in response to Trump's land grab
6:00
over Greenland and his threat to annex Canada.
6:08
Yeah. Well, I mean, this is this is
6:14
one of the things that I I often to point this is the one of the
6:18
most powerful emotions there are is the sense of betrayal.
6:22
And you know, it can take a relationship that was about
6:26
love. And if there's a sense of
6:28
betrayal, it can quickly turn to hate.
6:31
And I don't saying that Canada hates the US, but they do feel
6:35
betrayed by it, You know, Donald Trump.
6:38
I mean, you know, Canadians are very nice people.
6:43
They're very polite as a rule. And I mean, sure, there are
6:46
exceptions, but you know, they put up with the United States.
6:51
They put up with our jokes, you know, like it's their way.
6:55
Where's Canada? I don't know up there or
6:57
somewhere, you know, but you know what Donald Trump has done
7:04
to attack them in their homes, literally economically taking
7:09
away their livelihood, making it clear that he is going to try to
7:14
death strangle them unless they acquiesce.
7:18
This is stirred A hornet's nest. People who used to be fairly
7:23
friendly to Donald Trump in Canada now completely repudiate
7:26
him. You have Canadians saying don't
7:31
buy American. These, these are things that are
7:33
unheard of. They know Canada is stood by us
7:38
basically, you know, unfortunately, Washington always
7:42
treat take took them for granted and just assumed that they would
7:45
follow where we go. So a powerful speech by somebody
7:50
who is just said look, we're at or what's end we we he tried to
7:55
go and talk to Donald Trump and say, look, you know what, what
7:58
do we need to do here? Remember he was elected on his
8:03
the voters perception that somebody who was very serious
8:08
has been on a number of central banks and things like that would
8:11
be able better to handle Donald Trump.
8:14
So he tried one way didn't work. In fact, the more he tried to
8:19
appease Trump, the worse it got. So I think at Davos he finally
8:25
said enough our country is not going to be a continue to be
8:29
humiliated by this false self appointed God and we are going
8:36
to just lay it out. And this is the surest signal
8:41
that I've seen that the new multi polar era is it's been
8:47
here for a while, but this is now extended to what were
8:52
previously American allies. Interestingly enough, Mexico
8:58
kind of went the other way. They it's millions of jobs at
9:02
stake and things like that. They don't feel that they can
9:04
take it. But she's not being obsequious,
9:07
but she is deferring. For instance, she went along
9:11
with this idea of putting a 50% tariffs on certain Chinese goods
9:15
and things like that. All this is this would have a
9:17
very, very serious effect on the Mexican economy because many of
9:21
the inputs that come in, if you if you just go back and you
9:26
start looking at the rise because Mexico has increased its
9:31
trade with the United States in proportion to the decrease of
9:37
trade with China. And a lot of, and you can see in
9:43
parallel an increase of Chinese goods coming to Mexico.
9:48
So that tells you that Mexican companies are buying Chinese
9:53
intermediate goods, parts, etcetera, and then they're being
9:58
assembled or added value is being added in Mexico and then
10:01
they're flowing into the United States.
10:04
Canada on the other hand, they don't have as large a, you know,
10:10
a trade like that as Mexico does.
10:14
And they said, you know, there's at this point we have nothing to
10:16
lose except our own sense of ourselves.
10:21
So national pride has entered in here and Donald Trump has
10:25
triggered it. So as I said, sure sign ever
10:29
that the multi polar world is here.
10:31
When the closest traditional ally of the United States said
10:35
it's all been a lie, we went along with it because it was
10:39
seemed in our interest and we didn't think we could do
10:42
anything else. But now we've been pushed to the
10:45
end of our rope and we've just said what it is.
10:49
So and as you saw, predictably, he's not going to get a
10:52
Christmas card from Donald Trump.
10:55
No, no nice pictures, you know, like he sent to Epstein for his
10:59
birthday. I think he'll he'll just get it
11:02
And and shortly after that he got disinvited.
11:07
Now, if you look at the, you know, the little missive he
11:12
sent, it's, it's quite, you know, it's quite charming and
11:15
elegant. Oh, wait a second.
11:16
No, it wasn't. But he signed it and he he
11:19
forgot one key ingredient. He put President of the United
11:23
States, but he also forgot to put and Venezuela because he's
11:27
now put that into Wikipedia that he is the acting president of
11:32
Venezuela. Thanks.
11:35
So why don't you ask me why I think he's doing this?
11:43
Yeah, why is he doing this, Einar?
11:47
Well, let's see here. Ever since he invaded Venezuela
11:53
and took the president and first lady away and then started on
11:59
this, I'm going to take Greenland type of thing, there
12:03
hasn't been much of any mention of a certain Jeffrey Epstein and
12:08
his files. And literally the moment he
12:15
tacoed in Europe and, you know, has finally enough countries in
12:23
Europe found a spine to say no, oh, that's it.
12:26
You know, you can, you can do so much to us, but you can't take
12:30
land from us. We're the ones who supposed to
12:32
colonise others, not them colonise us.
12:37
And you know, the US, that's even weirder.
12:39
I thought we were in this together.
12:41
Colonise other groups, destroy other countries where this isn't
12:45
fair. You know, you're you're not you
12:48
didn't read the script we sent you.
12:51
So I know, you know, he he tacos on that and says, oh, we have a
12:56
great framework. I won.
12:57
You know, the usual thing, kind of like in China, after he
13:00
visited, he says, yeah, China's agreed to give us all the rare
13:04
earths we want. Everything's fixed.
13:05
Wonderful, wonderful, wonderful. Nothing could be further from
13:09
the truth. So, I mean, he has to, every
13:12
time he tacos, he has to, you know, declare victory and make
13:17
it seem like a massive loss was a massive win, but no loss
13:21
sooner. Has he done that?
13:23
Then guess what? All of a sudden it's about Iran.
13:25
I have a huge flotilla flying towards Iran.
13:28
Who knows what's going to happen?
13:30
I mean, is it? This is the kind of stuff that
13:32
you, you know, remember when we were young on television, they'd
13:36
say next week, oh, you know, the protagonist is in a difficult
13:40
situation. What was that?
13:43
What was that Canadian cartoon Dudley Do, Right.
13:47
And at the end of everything that, you know, the villain had
13:50
Nell tied up on the railway track and we were supposed to
13:54
wonder what happens next. And this is Donald Trump.
13:58
He keeps inserting these things to go in.
14:02
But interesting enough, I don't know if it's going to work real
14:05
well. All of a sudden you're starting
14:06
to see a resurgence of, I don't know, it's a very minor thing,
14:11
but about two and a half million pages of documents related to
14:15
the Epstein files, 2 million of which they just, you know, I
14:19
don't know, They found asking how do you find 2,000,000 pages
14:28
of documents in one of the most visible political and legal
14:36
cases in the United States recent history?
14:40
Oops, we all, I thought we had three or 400,000.
14:44
Oh, turns out we have 2.5 million.
14:48
What's a couple of million between friends?
14:51
I mean, I was, I worked in the prosecutor's office as an intern
14:55
when I was younger and I was also in criminal law.
14:58
I assure you, I, I don't know how you miss out on on 2,000,000
15:02
pages, but I think it's set off alarm bells for Donald Trump.
15:08
He doesn't, he hasn't had time to look over what's in there,
15:12
devise some sort of strategy. It's a hoax.
15:15
You know, I don't know that that film of me doing that, it's,
15:20
it's, it was like a, it was a plot by the Democrats to ensnare
15:28
me. They deliberately didn't release
15:30
these documents because they knew I would try to get to the
15:34
truth. And they planted all of these
15:37
false videos and, and pages of things just to get me.
15:41
I mean, come on. I mean, I, I know guys with
15:44
tinfoil hats who do better than this.
15:46
I mean, who can't do as weird as this.
15:50
So I I do think a lot of this has to do with his domestic ills
15:56
first, Epstein second, fracturing within his base every
16:00
time he does something overseas. People at home said, I don't
16:04
understand. I voted for you not because I
16:06
liked you, because I thought you'd do a better job with the
16:09
economy. You're supposed to be a business
16:10
guy. And instead you seem to be off
16:14
on these foreign adventures that you ridiculed other precedents
16:18
for being involved in. So they're running short of
16:21
patience there. They like the ice things.
16:25
I don't know. Some of them do.
16:27
Others are starting to wonder if attacking Americans on the
16:30
street is really an American type of thing.
16:34
But some of them say, well, you don't have to do it and things
16:37
like that. But there is a fracture in the
16:38
base. And notably, a lot of it's
16:41
coming from his previous group of, you know, supplicants,
16:48
people who used to support him on air, personalities who
16:53
announced distancing themselves from Donald Trump.
16:56
And this has to worry him. And then the last part is, you
17:00
know, this issue about, you know, over 50% of Americans are
17:03
one crisis away from being homeless.
17:05
And it, it sounds like, oh, come on.
17:09
This is, this is a real. But this is a report that was
17:12
done by the Fed and not by the Fed, Yeah, by the US government
17:18
itself. And they, they just said, look,
17:20
so many people here who don't have $400, if they, they, they,
17:25
for some reason they have to take an ambulance, that could be
17:28
a $3000 bill. Never mind what the, you know,
17:31
the medical costs would be. If they, somebody in the family
17:35
loses a job and it's dependent on multiple jobs, that could be
17:40
an issue. So death in the family and a
17:43
funeral bill comes up. And these are things that do
17:46
happen. And over 50% Americans are now
17:50
exposed to a situation where they cannot respond effectively
17:55
with any kind of savings to a crisis like this.
17:58
And then this is really serious. Donald Trump isn't about to do
18:03
anything to that. In fact, he's exacerbating it.
18:06
He's not paying attention to inflation, which is being driven
18:12
in large part right now by the tariffs that he's put in.
18:16
The latest study has shown that the tariffs, 96% are passed on
18:25
to US consumers. Only 4% is absorbed by the
18:30
traders who are bringing them in in the middle men.
18:34
So and the prices are not dropping from China.
18:39
They don't have that kind of margin or anything like that.
18:43
And they're not dropping from other other countries there.
18:45
It's not like they were sitting on these huge profits.
18:48
It's it's a very, very competitive market.
18:51
So there's no room. So this is pushing up prices for
18:54
American consumers. In theory, it it, it, if you
18:59
look at the economic stats that are coming out, Americans spent
19:05
more this holiday season than they did last season.
19:09
So this would seem to be some, you know, a ray of hope.
19:12
Maybe there's an underlying strength within the US economy.
19:16
Maybe we can spend ourselves out of it.
19:19
You know, if we spend more there perhaps more jobs created.
19:22
But those jobs, those monies are going into the US government
19:27
coffers. They're, they're not going into
19:31
real business and things like this.
19:33
So they're, they're, it's, it's a real quandary.
19:37
I don't think that we've seen the last of it.
19:40
And obviously when we get to the midterms, people in my United
19:44
States, I told you, I after years of being involved in
19:50
elections and running them, people vote with their
19:52
pocketbooks and I, I don't blame them.
19:55
And, you know, you start looking at the statistics, Donald Trump
20:00
got 48%. Of the Hispanic vote,
20:06
ironically, a lot of Hispanics, I shouldn't say Hispanics, I
20:11
should say Latin. Latin Americans, they do not
20:16
really care for more immigrants because they see them as a
20:19
possible source of, of competition.
20:23
So that that's OK. But now they're, you know, when
20:27
they see people who look like them being brutalised, when they
20:33
see American citizens who have Latin American accents being
20:41
hassled by the police, then they start to think, oh, this isn't
20:46
so good. And then, you know, they said,
20:48
well, we elected this guy to bring down grocery prices and
20:51
that isn't happening. So you're starting to see them
20:54
fade away. Splits in his face.
20:58
The independents have already walked away.
21:02
They're there. This stuff that's going on with
21:06
ICE has completely nonplussed them.
21:08
He hasn't answered the economic stuff.
21:10
So things are really adding up to a landslide against Donald
21:15
Trump. The question is in everyone's
21:17
mind, and I think we talked about last time, is, does he do
21:21
something about it? Does he?
21:23
He's already floated the idea that there should not be an
21:25
election. He's doing so great that the
21:29
Democrats should say, no, we don't need an election.
21:32
We need to keep Donald Trump in power.
21:35
That sounds a little bit weird, but so does everything else he's
21:38
saying these days. So, you know, that people are
21:41
wondering, given his what he did when he lost the presidential
21:48
election in trying to incite a riot to prevent early
21:53
transition, would he do that again now that he seemingly has
21:57
all the pieces he's been firing generals, you know, Pete
22:02
Hegseth, he says you need to swear a loyalty to, you know,
22:06
Donald Trump. You know, when you have some
22:09
pushback, of course people are saying you do not you, you are
22:14
instructed the first day you're in there is that you do not obey
22:18
an illegal order. And now Trump is trying to
22:22
prosecute criminally anybody who says that.
22:25
But it still is. It's not going to go anywhere.
22:28
But, you know, you start looking all of this, Carl.
22:30
I mean, it's, it's really serious when your best friend
22:34
deserts you and says you're a criminal, when your own
22:39
household is being threatened with economic deprivation, when
22:45
the entire world is turned against you.
22:49
It's it's not, it's not something where the string is
22:51
going to go on and it's going to be a nice outcome for Donald
22:55
Trump. Well.
22:57
What about Trump's claim that tariff is actually being used to
23:01
pay for pay down the US national debt?
23:04
You know, all 36 trillions of it.
23:09
OK, well, the entire amount of his of what he has brought in,
23:14
which has been in the hundreds of billions, unfortunately it's
23:18
a drop in the bucket. It doesn't even cover the
23:20
amounts that he's increased the deficit by and nor does it even
23:26
attempt to address the fact that he wants to go from almost 1
23:30
trillion to 1.5 trillion next year for the defence budget.
23:35
He has no plan and he doesn't really care.
23:39
I mean, you have to understand a, a real estate developer, all
23:44
they want is other people's money, right?
23:47
And they go to the bank and say, lend me money.
23:49
They go to the market, say, you know, I'll put a bonds, I'll do
23:52
anything. And they figure that they can
23:55
take this money and they can make money on it.
23:57
And this is kind of Donald Trump.
24:00
He's, he doesn't care about debt.
24:02
All he cares about is cash flow. So when he sees, you know, 10's
24:07
and hundreds of billions of dollars coming into treasury,
24:11
he's like, OK, good. I have my, my honeypot.
24:15
Anybody you know, I have to take care of.
24:18
Toss him a few bucks, you know, they'll be happy.
24:22
And he did that last time, remember, with the soybean
24:26
farmers during Trump won. He, you know, he, he made this
24:31
deal didn't work out, you know, because he, he made sure it
24:35
didn't work out. And then he tossed them, you
24:39
know, some money, but nowhere near their losses.
24:42
And guess what? I know you're going to be
24:44
shocked, Carl, about over 90% ninety, I think it's 96%
24:50
somewhere that were 94 to 96% of the all the money that the
24:53
federal government paid out. Guess who went to not to mom and
24:57
PA farmers. It went to big corporate AG.
25:01
You know, these poor people who drive around in limousines.
25:06
They were feeling the pinch. They might have had to fire at
25:09
least one of their 16 chauffeurs.
25:11
So Donald Trump to the rescue. So it, it, it's not helping
25:18
them. And a lot of farmers, you know,
25:21
you, you saw them rats. Now China is putting some
25:26
soybean orders in, but it's nowhere near what they're doing
25:30
before. And that means that there's a
25:32
huge gap. And right now, competition in
25:37
Brazil is getting intense. They can do it at a lower price.
25:42
Ironically, it's not all bad news for America in that a lot
25:48
of farmers from America went down to Brazil and they bought
25:53
up huge tracts of land and they've been growing things down
25:56
there simply because they they needed to be competitive.
25:59
And they said, well, can't be competitive in the US.
26:02
We will be competitive down in, in Brazil.
26:05
So I, you know, money has its own logic, and politics and
26:13
money aren't that far apart. But right now, the politics and
26:17
the money are far apart. And unfortunately, if you look
26:21
out through history, money and power aren't in the same, you
26:26
know, time zone. You're risking real, real
26:31
catastrophe, civil unrest, that type of thing.
26:34
And unfortunately, I'd have to say that, you know, despite
26:38
Donald Trump's pronouncements, everything's going great.
26:41
It isn't. And I think if you talk to the
26:44
vast majority of Americans, that's what they would tell you.
26:49
But you know, you mentioned that Donald Trump is doing all this
26:53
as a distraction from his domestic issues, from Epstein
26:56
files. But couldn't he conceivably to
26:59
keep the distraction on forever? You know, he can pivot from one
27:03
crisis to the next like he did from Venezuela to Greenland to
27:07
Iran. I mean, he can just, like, keep
27:09
juggling, right? I mean, what what's, what's one
27:12
more crisis for Donald Trump? Well, I, I think he does.
27:17
I mean, you know, I, I alluded to this before in his biography,
27:20
he always says I get up in the morning and I try to maximise
27:23
the day. So I think the first thought he
27:25
has when he gets up is how do I keep the Epstein files off the,
27:30
you know, off the front page, at least until I figured out what I
27:36
want. You know how I'm going to
27:37
respond to this. I have to know what's in there
27:39
and things like that. So he's he's definitely playing
27:41
for time, the speed and the the volume of these, you know, self
27:48
created crises that he is, you know, pushing out onto the front
27:52
page. And quite frankly, the, the
27:54
press is following should be an indication.
27:57
I mean, many of these things, it's not on.
28:00
Donald Trump is the king of let's throw a dead cat onto the
28:03
table, walk into the, into the press room, throw a dead cat on
28:06
there. I never went Oh my God, it's a
28:08
dead cat. Oh, front page news.
28:12
And then he pulls, pulls about 6 little white bunnies out and
28:16
throws them into the crowd. And people are, oh, there's a
28:19
white Bunny. Follow the white Bunny.
28:23
He's the king of that. But I mean, right now he's he's
28:26
throwing out six dead cats a day and, you know, releasing 50
28:29
bunnies. And he's, he's trying to trying
28:31
a little bit too hard to distract the American people.
28:35
And you at some point you run out of string, something
28:39
happens. You know, now we we have the
28:43
prosecutor, Jack Smith, getting up and matter of factly
28:48
describing the fact that Donald Trump is a criminal and then he
28:50
sought to undermine the process. That is not something that he
28:56
can keep off the front pages. The Democrats are hammering on
28:59
this. You start looking at this, at
29:02
his testimony, it's a matter of fact.
29:05
It is absolutely believable as opposed to the orange monster
29:11
who does not seem very believable.
29:14
And then you have just Elaine Maxwell, what happened?
29:19
She had a private conversation with Donald's previous private
29:23
attorney who's now in the government, who breaks protocol
29:27
and has an interview with her without anybody else present.
29:32
And the next day, magically, she's goes from, you know, Gen
29:37
pop Max security prison for the kind of felonies that she's
29:43
accused of, which is child trafficking, trafficking down to
29:48
a Country Club, hotel gaol, where she has access to phones.
29:55
She can get her nails done, you know, and life's pretty good.
29:59
But I don't think that just Lane is satisfied because she's just
30:04
agreed to testify to Congress without the immunity that she
30:09
has been demanding. He said, yeah, sure, I'll, I'll
30:14
come, but I'll plead the 5th forever unless you give me
30:17
immunity. You give me immunity.
30:19
OK. She's probably also going to
30:20
want a deal. So this kind of tells me that
30:23
she has some sort of leverage or it seems to indicate this.
30:27
I'm just, you know, speculating here.
30:30
But, you know, why is she moved to a Country Club prison?
30:33
The, you know, a day and 1/2 after she chats to Trump's
30:37
private attorney and why is she inserting herself here?
30:41
I think she wants the Epstein files to come front and centre.
30:46
If I was her attorney and I, you know, I suspected my client had
30:50
the goods on the president United States, I might say, hey,
30:54
it's time to give me a pardon. Let me go.
30:59
I mean, you can say whatever you want.
31:01
You figure it out. That doesn't matter to me.
31:04
But you Get Me Out. I'm not satisfied with the
31:06
Country Club prison. I don't want to stay here for
31:08
the next rest of my life. I want to get out.
31:11
You need to figure it out. So, you know, the the story
31:16
itself has so many protagonists. You have you know what 2627
31:20
women who have said that, you know, he molested them, which
31:25
kind of backs up the story of all statements he said about
31:28
looking at young girls because he had Teen Miss Miss Teen USA
31:32
pageant as as well as the North America Miss America pageant.
31:38
And he used to go in the back room and look at them naked
31:41
since they let you do that. We have his statements about
31:43
what he likes to do to women, how he can grab them in certain
31:47
places. And all of a sudden, you know,
31:50
you what you have here is a mass, if this is all true,
31:54
America elected sexual deviant, a predator.
32:00
You know, why is he so around the neck with a known
32:04
paedophile? I mean, you know, this isn't
32:06
somebody who was hiding it. His his, the name of his jet was
32:11
the Lolita Express. Lolita is a story about a
32:16
paedophile, Humbert Humbert, who, you know, kidnaps a young
32:21
girl and, you know, converts him into his her into his love toy.
32:27
I mean, what, what more can you say about somebody like this?
32:33
And, you know, at some point it it all the pieces start to add
32:37
up. I mean, he's, you know, he's on
32:39
tape saying, oh, yes, you know, you know, making little inside
32:44
jokes. Then, of course, you have the
32:46
birthday card and things like that.
32:47
So tremendous amount of stuff to hide.
32:50
It's starting to pile up. I don't know that he can, you
32:54
know, the little boy with his finger in the dyke, I don't
32:58
think that's going to do it. The pressure is building and at
33:02
some point it'll be over. It'll overwhelm him.
33:05
It's not that he won't run out of manufactured crisis.
33:09
You can do that. He can say I'm.
33:11
I'm going nuclear with Russia. Yeah, I think the press would
33:16
follow that. He can say that I'm going to put
33:20
a contract out on Xi Jinping. My point being that he has to
33:25
raise the level of his antics, you know, every day it has to be
33:34
higher and higher and I don't know how long he can continue
33:38
that without making some sort of mistake that leads to an
33:43
incident that leads to escalation, etcetera.
33:46
I mean, he has says I have an Armada, Armada, huge fleet, you
33:50
know, steaming towards Iran, you know, stay tuned.
33:55
You know, war could be coming. I'm not going to say one way or
33:58
the other. You know, I'll keep you
34:00
guessing. You know, TuneIn tomorrow for
34:03
the next episode of Trump and Toyland.
34:07
It's just not really, you know, it's, I don't know.
34:10
I don't, it's not sustainable. Well, let's talk about the
34:14
international consequences of Trump's actions because we have
34:20
already felt that the doubles. But do you think the split, the
34:24
transatlantic split is permanent or or do you think they have now
34:30
kiss and made up, you know, with the new deal on Greenland where
34:34
the Europeans agreed to give him small portion of what he asked
34:37
for? I mean, I guess Trump can't even
34:39
claim victory on that because Trump's negotiation tactic has
34:43
always been asking way more than he wanted and then force the
34:48
other to accept his position, right.
34:50
He outlined that in the Art of the Deal.
34:52
He can claim that the Greenland deal was actually a victory
34:56
because all he wanted really is just, you know, American basing
35:00
rights and the permanent, you know, American sovereignty over
35:04
American bases and etcetera, etcetera.
35:07
All the all the other antics about annexing Greenland.
35:10
That was just his negotiation tactic.
35:15
Yeah, well, it's just not going very down very well.
35:20
Poll after poll reveals that, you know, 9 out of 1010 out of
35:25
10 people oppose the US going in and taking Greenland or Canada
35:31
by force. They're not happy with what
35:34
happened in Venezuela. So he can say it's tactics, but
35:38
he's drawing attention to the fact that he's doing all these
35:41
things overseas that he said he wouldn't do.
35:44
If you asked somebody who's facing a big grocery bill that
35:48
they can't pay and they're thinking this else I'm going to
35:51
skip a meal so I can feed, you know, Cheerios to my kids, I
35:56
don't really think they care about Greenland.
35:58
They don't understand it. Why do you want a big, you keep
36:01
saying it's a big chunk of ice. You keep calling it Iceland and
36:04
then Greenland and you know it. He, he doesn't look very
36:07
presidential. He doesn't look like he's in
36:09
control of his own narrative. And cognitively he he looks
36:13
very, very weak. So he can make any claims that
36:17
he wants that a, a victory. It's like he had a huge victory
36:21
in China, right as we discussed, I got everything he wanted.
36:25
You know, that China is eating out of my hand.
36:27
You know, I, I, I, I wrote the playbook.
36:29
They're following it. It's not true.
36:33
And it doesn't work on his supposed that declaration of
36:37
victory is that he got exactly what he had before, plus maybe
36:42
some mineral rights to, to to exploit, but he doesn't own them
36:47
there. The Greenland is, is still going
36:49
to have to get some sort of benefit.
36:51
So he couldn't negotiate it at separately.
36:53
So let's just clear the air on a few things. the United States
36:58
used to have 115,000 troops and six bases in Greenland.
37:03
Then they drew it down to 150. That's the US pulling out of
37:09
Greenland, right? There's nothing that prevents
37:13
the US from setting up more bases, setting up more
37:17
equipment, more defensive means Greenland hasn't said no.
37:23
In fact, they said sure that that's OK.
37:26
You know, we want to be defended.
37:28
We, you know, we don't, we don't want to invite a missile attack,
37:31
but if it's necessary to defensive, you know, our, the
37:35
United States, which is our umbrella organisation because
37:39
guess what, Greenland is in NATO.
37:43
There's there is no argument here that, you know, the US
37:48
shouldn't be doing something protect NATO.
37:50
They're part of NATO. So they have the right to do it.
37:54
You know, Greenland and Denmark are saying, fine, that's
37:57
wonderful to us. But he tried to push it further
38:00
and say, no, I need to own it. You heard him in his speech.
38:04
Or if you didn't, what he said is, well, I wouldn't feel so
38:07
good about, you know, defending leased land.
38:11
I, I need to own it in order to defend it.
38:14
Well, that's not exactly, you know, confidence material to
38:20
Europe, unless you think you own Europe as well, because you
38:24
don't own Europe. And so therefore what, you're
38:27
not going to defend it? I mean, he doesn't realise the
38:30
things he says are undermining the positions of the United
38:35
States and makes us look less and less trustworthy to our, you
38:41
know, not to our enemies, to our friends, our allies, our
38:47
traditional, you know, people who who, who used to say that
38:50
they shared values with us. And but in terms of your first
38:54
question, is this permanent? Part of it is the United States
38:59
is no longer seen as reliable. The fact that Trump was elected
39:04
then, you know, he lost the second election but was returned
39:07
to office is telling. Most of the world, they said,
39:11
look, the bookends of the United States and its politics have
39:15
shifted and don't expect anything too radical to replace
39:20
it. Remember, despite all the
39:22
protestations, you know, President Biden did not really
39:27
change much. He changed the tone, but he
39:30
didn't change the tariffs. He didn't change the, the
39:34
positions that Donald Trump was, was pushing.
39:38
And as a result, you know, and you, you, you, if you're looking
39:41
at 3 terms of US presidents, you got to say, OK, there's a common
39:47
thread here. And it's not a good thread for
39:50
us because you're, you don't want this seesaw where the next
39:54
guy who comes in or a lady is going to definitely undo a lot
39:59
of what Donald Trump's done. But then what happens after him
40:04
or her police office in four or eight years?
40:07
Do you have another populace, somebody like as I like to call
40:11
them, Darth Vance, move into the White House and re enact another
40:16
Star Wars plot where the Empire Strikes Back?
40:21
And I mean, no, I mean, Carl, come on.
40:25
Does anybody kind of sit back and wonder said, didn't we see
40:30
this movie before? I mean, you, you have these
40:35
people be, you know, it's just literally straight out of a Star
40:39
Wars things. You have these groups who don't,
40:42
you know, Darth Fancy's associated with a group Palantir
40:47
and Peter Thiel. They don't believe in a
40:50
democracy. They believe that they should be
40:53
in control of the United States and that they can manipulate
40:56
people into a sense of complacency and obedience using
41:01
a high tech and things like this.
41:03
And this tell me this is somehow different from, you know,
41:10
emperor, whatever his name was saying, oh, I'll bring order to
41:16
the to the to the world. Don't worry about the cost and
41:20
things like that. Yeah, Mark and Jason was on
41:23
record of saying oligarchy has been the natural state of things
41:27
for much, much of the human history.
41:30
You know, not democracy, but oligarchy.
41:34
You know, of course he considered himself part of the
41:37
ruling oligarchs, you know, just like the other, other cable of,
41:42
you know, White House Africans like Peter Theo and Elon Musk.
41:47
You know, I don't think it's a coincidence, all these people.
41:52
You're drawing a connection between South Africa and this
41:55
kind of apartheid idea. Yeah, you know, I, but I mean,
42:01
this is this is one of the things, you know, we, we get
42:03
wrapped up in these headlines and we don't sit back and say,
42:05
Oh my God, this is just a bad movie.
42:08
It's, you know, we, you know, Donald Trump isn't the kind of
42:13
character, you know, he seems, you know, he paints himself
42:16
orange. He says ridiculous things.
42:20
At least in Star Wars, you know, the evil guys are, you know,
42:23
they're in control of things. They might have maniacal intent
42:26
and things like that. They they might have
42:30
overextended egos. But there, there's some sort of
42:34
plot in their mind to take control of the, of the universe.
42:38
Donald Trump. I mean, he, he seems like a, a
42:41
pale clown or orange clown in comparison.
42:45
So, yeah, I, I, I do think America is now America alone
42:53
because when you're your closest allies and, and neighbours,
42:57
basically, you know, draw the line and say, you know, we, we,
43:01
we don't believe you anymore at we're, you know, we see
43:04
ourselves as different and we're going to make moves to do so.
43:07
Just imagine the, you know, 85% of the rest of the world sitting
43:13
there going, yeah, no, they don't trust you.
43:16
Why would we, especially after you go after a country like
43:20
Venezuela. Yeah, a lot of countries in
43:23
South America don't like Venezuela.
43:26
They didn't like the Maduro regime.
43:29
But other than the, you know, a few countries who feel that they
43:32
have to pay lip service to Donald Trump, all of them said,
43:36
look, you know, our problems are our problems.
43:38
They're not yours to solve. And you're not here to solve
43:41
them. You're here to take the gold.
43:44
It's another colonial move. And you know, you have the
43:48
Europeans who did physical colonialism, they would go into
43:52
your country, claim it, plant the flag and then take it over
43:55
and start shipping out the the wealth in America.
43:59
We said no, it's too cumbersome. You know, it doesn't work.
44:03
We're going to do financial colonialism.
44:06
We'll have the trade dollar and we, you know, basically control
44:10
everything through our currency and through our, our banks,
44:13
etcetera, IMF, World Bank and then addition our private banks
44:19
themselves, JP Morgan and all these investment banks and
44:24
regular banks. But now all of a sudden we're
44:28
back to physical colonialism. So I, I, I don't really see that
44:34
as working. How long can you put a, a lid
44:41
before the pressure blows it off?
44:43
That's why you have the, you know, the oil major, oil
44:46
companies, you know, they're not jumping for joy to run down
44:49
there. They're saying, well, sure,
44:50
we'll go. You guarantee everything.
44:53
Yeah, sure, no problem. You guarantee us a profit, we'll
44:56
go. Who wouldn't go in that kind of
44:58
situation? But they've, you know, Exxon
45:01
came out and said it's uninvestable.
45:04
You know, we're not going to put $100 billion.
45:07
That would be the collective amount that would have to be put
45:09
in to bring Venezuela's oil capacity up to, you know, a high
45:15
standard where it used to be. They're not going to put that in
45:19
because the only thing they know is that Trump will probably be
45:23
around for the next three years and be enforcing.
45:28
I don't know what he'll do with the Congress who doesn't approve
45:31
of what he does. My guess is he'll just continue
45:35
to do it and build up lawsuits and just say, well, you can't
45:38
prosecute me because it was all official acts.
45:41
And he can walk off in the sunset with his additional.
45:45
I think he's up to about 1.5 billion in additional personal
45:49
wealth that he's accumulated in the last year.
45:53
Those are numbers that were just recently released.
45:57
But then that's not counting his family.
46:01
When I was in Davos, not Davos. When I was in Doha, his son was
46:06
at the same hotel. Interestingly enough, so was
46:10
Hillary Clinton It's and so was Tucker Carlson.
46:16
I I literally would spend my free time in the in the place
46:20
where we were assigned to eat thinking, oh, maybe they all
46:25
come in. Oh, that would be interesting.
46:28
Will they get into a food fight? Will there be a mock battle
46:31
between their different bodyguards?
46:34
Or will they just stare at each other and like, you know, like
46:37
this? So I was hoping for my own
46:40
drama. Unfortunately, all all I saw
46:42
there was Tucker Carlson. So not that it was unfortunate.
46:47
I was just not not the kind of drama I was looking for.
46:50
But I can always switch on the TV and watch Donald Trump for
46:53
that. So there it goes.
46:55
But yeah, there's there's no question Donald Trump has
46:59
permanently changed the perspective perception of the
47:02
United States. the United States is now an out and out bully.
47:07
We just take what we want under Donald Trump, The next guy who
47:10
comes in, it doesn't matter. High probability that will
47:14
return to somebody like Donald Trump because America is
47:17
hurting. Well, I, I, I read a
47:23
interpretation, you know, there's some some interpret
47:26
Scott Carney's speech at double S as aiming toward Europeans and
47:31
he's really saying to the Europeans, hey, US mid powers,
47:36
we need to cuddle together now. Now we can no longer count on US
47:40
under Donald Trump administration.
47:42
We need to form our own grouping so we can stand united.
47:47
But the same time, both Canadians and the European
47:52
elites, if given the chance, if there was a regime change in
47:58
America, whether by election or otherwise, you know, if the
48:01
Donald Trump is replaced, they would probably, you know, jump
48:07
back in into bed with a new administration that's not Trump.
48:12
I mean, like that's that was the EU strategy basically leading up
48:16
to this moment to have been bending backwards for Trump by
48:21
hoping that they will survive the Trump administration until
48:24
the next one. And they will have someone maybe
48:26
like a Biden who, who, who, who, you know, I'm not talking about
48:30
real Biden, but like another, another Biden that would.
48:34
Talk a sleepy guy at the wheel. That would talk, you know, about
48:39
partnership, transatlantic partnership, important alliance,
48:43
you know that then then everything will return to
48:45
normal. Do you think they, the, you
48:48
know, the European elite as well as the Canadian elite
48:51
establishment have realised that the Overtown window has shifted
48:56
permanently in US? Yeah.
49:00
Obviously not all of them have the realisation, but I think
49:04
that there's enough out there that they say, well, even if we
49:07
think that we still have to prepare for the other.
49:09
So it's Plan A, Plan B, and there's really nothing else that
49:15
they can do. They cannot count on the US as a
49:19
reliable partner. So they have to make other
49:22
things. You know, you said it earlier,
49:24
everything is about oligopoly. You know, these, these groups
49:30
who just come together for power.
49:32
And what is the US done very successfully?
49:35
It's always about elite capture. You, you go into countries and
49:42
you make deals with the top people.
49:44
What are they doing in Venezuela right now?
49:47
They're trying to accomplish this idea of elite capture, you
49:50
know, won't let you stay in power.
49:52
Well, you know, although we we said you were all, you were all
49:55
evil and horrible and part of a administration that we needed to
49:59
bring down. Now that, you know, we've taken
50:02
your president and threatened you, you're OK.
50:05
You can be our henchman. We've done this many times
50:08
before. If you go back to Noriega and
50:12
you know, Saddam Hussein, Khamenei and in Iran, etcetera,
50:17
we always like to have people on our payroll who we think we're
50:20
going to be able and pliant henchman, but it never kind of
50:25
works out the way we thinks. We create monsters and then we
50:28
have to end up fighting with them.
50:30
So I, I don't see the situation, for instance, in Venezuela is a
50:34
staple. He can do elite capture all he
50:36
wants, but at a certain point the people say we have nothing
50:40
to lose. We're going to go against this
50:43
in Europe right now. They, you know, the hard right
50:46
is growing. You know, every time the EU puts
50:51
more money into defence and overseas things and placate
50:58
placating Trump, you know, people on the street are saying,
51:02
hey, wait a second, I government is supposed to be about me, not
51:05
about Donald Trump. It's not about other areas.
51:08
I it's about me. I'm hurting.
51:10
I lost my job. You know, Volkswagen for the
51:13
first time in their history has closed a plant in Germany.
51:18
All those people are going to be on their jobs and the
51:21
expectation that they had that their children would take over
51:25
after they, you know, left employment is now forever gone.
51:30
And, you know, people are are going through a readjustment in
51:34
terms of the thinking. And, you know, as soon as the
51:37
elites get too far away from the people, we've seen what happens.
51:42
That's why we had those revolutions and things like
51:44
that. You know, we're in the midst of
51:47
one of the very, very sensitive time 1 because you have a shift
51:52
in terms of great powers, how they're approaching the world.
51:57
But second, we're in the middle of a digital revolution that is
52:00
probably akin in terms of, of impact to the industrial
52:06
revolution. We're literally going to start
52:08
replacing people with robots in China.
52:12
You know, I, I talked to a lot of ambassadors and they're
52:14
always in there. They're going, oh, and ah, why?
52:17
Because they they go down to factories throughout China and
52:20
there are no lights on in the factories because there are no
52:24
people working there. It is completely automated.
52:28
The only people who go in there are technicians who are checking
52:31
the machines that are doing the work.
52:35
And, you know, they say, well, you know, where is that lead?
52:37
And people think about that. Well, yes, we are on the cusp of
52:41
a new kind of economic structure.
52:46
And it's a little scary, you know, for instance, if I'm a
52:49
delivery driver, you know, doing, sending the food to
52:55
people's homes and things like this, at some point, I, you
52:59
know, I know everyone else knows that, that it's going to be done
53:03
by robots. It's more efficient.
53:05
They can do 24/7. They never asked for a pay
53:08
raise. China produces electricity at
53:11
1/4 the cost of the United States.
53:13
So running them, it's going to be pretty, pretty efficient.
53:18
And then the question is, what do you do with these people?
53:21
How where they work? How do they make money to live?
53:25
And those are the questions that should be answered.
53:28
You know, we should be looking at collectively, I mean, not
53:30
just China and the US and Europe and things like that.
53:33
But, you know, how does this affect the entire world?
53:36
We got 8 billion people. What are we going to do to, you
53:40
know, kind of absorb this? What kind of new economic
53:43
drivers should we be developing? But instead of that, we have
53:48
these kind of manic antics of people like Donald Trump, you
53:53
know, lighting their hair on fire and running around the room
53:58
just so people will look at them as opposed to the reality of the
54:02
situation. So very dangerous.
54:05
We're increasingly disconnected from the economic and political
54:09
realities. The elites are easily swayed.
54:13
As you pointed out, They would they would love to think that
54:16
they can do a rota. Daddy.
54:18
Daddy. Oh, you know, you, you you know,
54:21
you were mean, but now you're nice, Daddy, Right?
54:25
Oh, come on. United States is not anybody's
54:27
daddy. You know, what's that face?
54:30
Who's your daddy? You know, I just.
54:35
I'm waiting for Trump to say that this is.
54:37
Yeah. Who's your daddy now, huh?
54:41
Speaking of which, Speaking of which, So what what do you think
54:45
about this pivot to China? I mean, I like Canada has made
54:48
some concrete steps by removing the 100% EV and now they're in
54:54
reciprocal China removed tariff on Canadian canola oil and other
54:59
commodities. So Canada is in essence are
55:02
returning to a pre 2015 era relationship with China.
55:07
You know, back when Conservative government under Harper in
55:11
Canada had a, you know, a, a, a warming of ties with China again
55:16
in response to shenanigans from the United States and UK, just
55:21
UK just approved the, the, the, the, the new big embassy upgrade
55:27
of Chinese embassy in UK. And Macron is also on record
55:31
saying at Davos that you will need more Chinese investment.
55:35
But, but in case of Macron, though, I don't know, because
55:38
Macron has always been saying the right things to the right
55:41
people and then end up doing nothing.
55:44
And he he was, he was warmly received on his visit to China
55:48
twice. And then he always say the good,
55:51
good, good, right things about how Europe need to assert its
55:54
strategic autonomy and then in the end really don't do anything
55:59
about it. So what do you think the
56:01
prospect for for a European pivot to China to lessen their
56:06
dependence on United States? Well, it's happening the same as
56:12
with Carney and Canada. Here's the problem though.
56:19
Canada has been so captured by the United States in order to
56:22
get to what they want is they only want 50% exposure to the
56:26
United States. That's like saying I only have
56:28
to pay off half the money I owe to a mob boss.
56:31
All right. And then that's unfortunately
56:34
the way I would term it with 50% of your economy depending on one
56:38
nation, they have a tremendous amount of leverage.
56:41
But this is as far as the imagination can go at the moment
56:44
in Canada is how do we get away from being 80 to 90% dependent
56:50
on our southern neighbour who has turned on us?
56:54
And it's going to take a quite a bit.
56:57
They need the infrastructure to get their oil out.
56:59
Their oil is obviously more expensive.
57:03
You can extract the heavy tar oil.
57:07
These what they call heavy sulphur, they call it the sour
57:12
oil because it has a high sulphur content.
57:16
It's good for certain types of things like you know when they
57:20
put this fresh coats of of tarmac on, that's a lot of that
57:25
is that heavy oil. Also you needed to make diesel.
57:29
Interestingly, diesel that this is just a side note, diesel is
57:33
about to go away, not completely, but for a lot of
57:37
reasons. Right now, China is, is
57:41
developing these things called micro grids.
57:44
So for instance, 1/4 of the GDP of the Oceana nations is devoted
57:50
to buying energy. Most of that importing energy,
57:55
most of it diesel. They run diesel generators to
57:58
power everything in terms of their grids on these little
58:01
islands and things like that. They didn't have a choice.
58:04
It's dirty, it's and it's expensive and unreliable.
58:09
Now China is putting in these micro grids.
58:15
So all they do is they they ship a battery and solar array.
58:21
And now on that same island, you can run your agricultural pumps.
58:26
If you're doing any kind of agriculture, you can power your
58:30
boats, you can power your cars, you can power your bikes, you
58:33
can power your phone, you can power your homes.
58:37
And, you know, even even your communications, because
58:41
communications need electricity. And you can have various means
58:44
of connecting either through, you know, satellite links or
58:49
through other things. And all of a sudden, you're not
58:52
spending 1/4 of your gross domestic product on diesel.
58:58
So diesel may not be the factor that Donald Trump thinks it is.
59:02
Remember, 60% of America's refining capacity is all around
59:10
heavy oil. You know, there's this place
59:13
called Cancer Alley in Louisiana.
59:17
It's you can forecast, you know, death rates by cancer, the
59:24
highest in the United States, 50 times average in certain
59:28
parishes going along there. Why?
59:31
Well, heavy concentration of of these plants, they do provide
59:37
jobs, unfortunately not necessarily to the locals and
59:42
but the locals have to breathe the air and deal with it.
59:44
You know, they they say, well, you know, we used to eat stuff
59:47
from our garden. Now nothing grows in our garden.
59:50
We can smell the chemical exhaust coming out.
59:54
And Donald Trump has basically dismantled all the EPA
59:57
guidelines, which still weren't working.
1:00:00
He's dismantled them and these people are are suffering.
1:00:04
So you you have these situations where you know it's not going in
1:00:10
the in the right direction. Europe does believe to a large
1:00:15
extent in the environmental stuff.
1:00:18
So this is another divide. So going forward, yes, they're
1:00:23
going to try to pivot. But, you know, how far does a
1:00:26
lead capture go if Donald Trump or some future administration
1:00:30
dangles a few carrots in front of them while they jump?
1:00:33
Yes. The only thing stopping them, of
1:00:35
course, is you know this kind of populist not regression, but
1:00:42
just disgust with the fact that you have a few wealthy people
1:00:47
who are determined to earn more wealth by simply selling out
1:00:51
their own people. Wow.
1:00:56
Well, that was that was not very optimistic outlook for Europe,
1:01:02
but. Well, but you know, Europe
1:01:05
earned this. Come on, Carl, we, we can't, we
1:01:07
can't, you know, we can't overlook the fact that this,
1:01:10
this is a group of nations who, you know, took wealth from the
1:01:15
rest of the world and have been sitting on that wealth for a
1:01:20
long period of time. I, I don't, I don't at all enjoy
1:01:26
seeing anybody suffer. But, you know, there's a certain
1:01:29
point where you have to say there's, there's karma involved.
1:01:33
You know, it wasn't this generation that did all these
1:01:37
things, but they're enjoying the fruits of their great, great
1:01:40
grandfathers. And you know, and going forward
1:01:45
of how, you know, how they collected their money.
1:01:48
And I look at the side hills. You know, you have five former
1:01:52
French colonies who went independent and now said, get
1:01:57
your leave. Don't, you know, don't let the
1:02:00
door hit you in the ass on the way out.
1:02:03
And these are French speaking French.
1:02:05
You know, they they identify with a lot of French concepts.
1:02:09
They've been stooled in French textbooks and things like this.
1:02:13
And I said, well, we just woke up one day and realised we're
1:02:16
being cheated. And, you know, then you had of
1:02:19
course some old general saying time to go back in there.
1:02:24
So those silly natives who's in charge, you know, these are
1:02:29
things, you know, France is entitled to them.
1:02:32
This sounds exactly like Donald Trump, right?
1:02:35
I'm entitled to take back Panama because there was AUS company
1:02:40
that built part of it after the French failed.
1:02:46
So therefore we have a forever claim on the lands of another
1:02:52
country simply because we did investment there.
1:02:55
And that's why he's pushing the same thing in Venezuela.
1:02:59
So yeah, the global S right now. I mean, we, we talk about
1:03:04
Europe, the United States, that's 15% of the world.
1:03:07
You could see a dramatic change. And I have we talked about this
1:03:11
before, which is if countries who have are now traditionally
1:03:16
subject to this resource curse suddenly decide to get together,
1:03:21
create their own pricing mechanisms like OPEC for the
1:03:25
strategic minerals and you and you name it because they have it
1:03:28
all. If they suddenly said, look,
1:03:30
we're going to, we're going to be determining the price, not
1:03:33
you, that would reverse the, the flow.
1:03:37
So I, I tell people, stop looking the way we have in the
1:03:42
past at Europe and United States about the, you know, the G7 and
1:03:47
start looking about at the 85%. Remember, developing countries
1:03:53
and emerging countries are growing at more than double the
1:03:56
rate of the developed countries the the G7, etcetera.
1:04:03
So why would you look to a bunch of laggards who don't seem to
1:04:06
have an economic plan for your future?
1:04:08
Why, Why would you concentrate on them as markets?
1:04:12
Look at the rest of the markets. China has just done amazing
1:04:16
amounts of increased business. They actually in the midst of
1:04:19
all of these Trump attacks and things like that, they increased
1:04:22
their export to the extent that they're actually saying, well,
1:04:27
we need to even that out. It's not where our aim was never
1:04:30
to have a $1.2 trillion surplus. Our aim is to have something
1:04:36
that's more fair. We want to return that surplus
1:04:40
out there so that people have money, so that we have a working
1:04:44
circular flow, a virtuous cycle where countries have jobs, have
1:04:50
income, help them develop their their assets, also technology,
1:04:57
share technology. And then based on that, have a
1:05:00
much more stable world. But you know, the the outgrowth
1:05:04
of what is happening now, we see it playing out in the Middle
1:05:07
East, Washington pulling out and you know, you're you're having
1:05:12
regional rivalries. We saw that quite clearly with
1:05:17
Saudi Arabia, UAE, but you also pay attention.
1:05:22
You know, we're looking at Trump, but the rest of the world
1:05:25
is changing you. You have Turkey and Saudi
1:05:30
Arabia, perhaps in alliance with Pakistan, which is nuclear
1:05:35
armed. And then you have Iran.
1:05:39
Ironically, you could, you could have a, a combination of Iran
1:05:42
and, and Israel and other countries basically opposing
1:05:48
that. And that's not good.
1:05:50
We need, we need systems that allow regions to settle their
1:05:57
differences amongst themselves without outside interference is
1:06:03
what's driving this. No one feels that the US is
1:06:05
reliable. So therefore they're looking for
1:06:07
other sources of, you know, of protection, security, and that's
1:06:16
driving in a whole new set of variables, which is actually
1:06:20
causing more risk, a higher risk of confrontations rather than a
1:06:28
lessening them. So there are so many things that
1:06:31
have been set in motion and we tend to look at a very narrow
1:06:34
area when in fact we should be looking at the rest of the
1:06:38
world, the majority of the world, where the assets are,
1:06:41
where the markets are, where the people are and where the growth
1:06:44
is. I'd love to end on such
1:06:49
optimistic note, so thank you Einar for for making your time
1:06:54
to speak to us. What if people want to follow
1:06:58
you? Where would they go?
1:07:00
Well, I'm they can go and do an Internet search.
1:07:04
Look under my name, Einar Tangen.
1:07:06
I also have a sub stack that I do, you know, it's maybe once or
1:07:12
twice a week. I if you, if you have nothing to
1:07:15
do and you like what you heard, you'll probably hear more of the
1:07:19
same from there. Try to mix it up a little bit.
1:07:24
But really, it's, it's what I'd ask is it's not about paying
1:07:28
attention to me. It's paying attention to people
1:07:31
like yourself and others who are trying to bring to the world a
1:07:37
renewed sense of balance in their perspective.
1:07:40
As I was saying, I mean, if you just keep looking at the old
1:07:44
ways, you're never going to discover what the new ways are.
1:07:49
I, I really, you know, really love the fact that you, you're,
1:07:51
you're out there on a daily basis making sure that people
1:07:54
have a different sense of this. You do it with a sense of
1:07:57
humour, which I think is really important.
1:08:01
If you're not laughing these days, you're going to be crying.
1:08:04
And this, this, this is, this is really the good fight.
1:08:07
If if you're not, if you're not, you know, continuing to
1:08:11
understand and question these things, you're, you're never
1:08:14
going to have a plan to go forward.
1:08:16
And right now we all need to be planning and a lot of that has
1:08:21
to be and how we can work together as opposed to work
1:08:24
apart. Thank you.
1:08:27
Thank you for that, Aynard. And ladies and gentlemen, Aynard
1:08:31
Tang and everybody hailing from from Beijing, always a fund of
1:08:36
wisdom and always it's a pleasure.
1:08:39
Pleasure to listen to you and you know you, you, you make my
1:08:43
job so much easier. I know you know I.
1:08:46
All I have to do is just sit here and listen.
1:08:48
I'm a blabbermouth, is what you're saying?
1:08:52
Can't shut the guy up. I mean, he just talks forever.
1:08:55
I know. Well, I, I, I appreciate you
1:08:59
willing to talk it. Makes great TV.
1:09:02
It makes great. TV wine diner up and then watch
1:09:08
him go around the room. Well, again, thanks, Guy.
1:09:12
All the best and all the best to you and your viewers.
1:09:16
And let's hope that we get to a point where there's a little
1:09:19
less drama and a little more help for people who need it.
1:09:23
Well, I'll say thanks everybody for tuning in.
1:09:26
Until next time, bye bye.