Take It Easy

Episode Transcript

Speaker 1 (00:00):
Let me just ask you this because this is something
that I can't wrap my mind around, and I haven't
been able to really for the last four or five
years ever since the so called the scandemic, the so
called pandemic. Why would we in the United States, but
I'm talking about even the world, the West especially, but

(00:24):
why would we in the United States want a trade
with communist China after what they did to us regarding COVID.
Really objectively, this is a country that released a biological weapon.

(00:45):
That's what it was. It was manufactured, fabricated a supervirus
in a lab in Wuhan, and they released it to
the entire world deliberately, and it resulted in millions of
people dead. They lied about it. They assist Xijinping that

(01:07):
that butcher who runs that country, that that communist strong
man light about it, systematically covered it up and didn't
bat an eye, as he knowingly allowed infected people to
fly from China from Beijing, from Shanghai, from they flew

(01:30):
to Australia, they flew to the United States, they flew
to Europe, and they spread that virus knowingly all over
the world and then light about it the entire time
and that insult to injury. They then tried to maximize
money profit, take economic advantage because they sold us the masks.

(01:53):
We make so much of our pharmaceuticals now in China,
so they tried everything that we needed. It doesn't matter
all the precautions that we were taking and we were
buying all of this stuff. It was all coming from China.
Why would we even want to trade with the.

Speaker 2 (02:12):
Country like this.

Speaker 1 (02:14):
So, to be honest with you, yeah, this should have
been done five years ago, except we had a Chinese
seriously a puppet, a Chinese agent in the White House
who was covering up for them for four years. And
that was Joey Joe Biden bought and paid for along
with his entire crime family. And by the way, our

(02:37):
intelligence services lied about China's role in COVID.

Speaker 2 (02:40):
It's all coming out now.

Speaker 1 (02:42):
Our CIA, led our FBI, led our NSA lied. Everybody
knew it came from China. They lied, and our media
lied to us. They knew it came from China, they
knew it came from the lab in Wuhan, they knew
it was a bio weapons and that our own government
was implicated, led by Obama, led by Fauci, led by

(03:04):
his boss Francis Collins, in creating this biological weapon. We
funded it, we supported it, we aid it, and embedded
this crime, a crime upon humanity. So, to be honest,
one hundred and twenty five percent tariff, to me, that's low.
Now it doesn't matter. They can't sell anything at one

(03:25):
hundred and twenty five percent, But to me it's a
million percent. So no, and again nothing against the Chinese people.
I mean it, They're against this regime. Never confuse the
regime with the people. But the Chinese government, this brutal
communist regime in Beijing. They need to be bankrupted and

(03:50):
they need to collapse, just like the old Soviet Union.
And that's now Trump's clear endgame. And God bless him,
God bless him. Agree, disagree? Dave in Walpole, Thanks for
holding Dave, and welcome.

Speaker 3 (04:10):
Good morning.

Speaker 2 (04:11):
Hi Dave, Jeff.

Speaker 3 (04:14):
It's Chinese food, and I know your kids love Chinese food.
You have to pay more money.

Speaker 1 (04:25):
Now, Dave, trust me, your Chinese food's not going up,
my friend. You know that's one of the few things
we still make in America. Dave, Dave, I gotta ask you,
what do you make of Trump's announcement yesterday, his pause,

(04:46):
his ninety day pause, his hiatus on all of his
reciprocal tariffs. He's still keeping the ten percent baseline tariff
that's going to be for every country no matter what.
But nothing more so far beyond that. They're gonna renegotiate.
But he massively increased the tariff on China one hundred

(05:09):
and twenty five percent. It's now an open economic trade
war with Beijing. The two largest economies now are basically
at each other's throats.

Speaker 2 (05:22):
Are you worried? Are you concerned? Dave?

Speaker 3 (05:27):
Jeff, I'm not gonna worry about it. You know, when
you really think about it. We're working every day and
either way, things are gonna go up slowly by Shuli.
But I'm not gonna worry about it. Like you said,
I don't have no money in the stock market, you know,
and the ones who get the money in the stock market,

(05:48):
they're the ones who's gonna worry about it. I mean,
if we get to pay a little bit more. Luckily,
things are going down slowly by shili. Gas has gone
down somewhat, but it's like, I'm not going to worry
about it. You know. Trump knows what he's doing, and
he's doing it to get back the money that we've
been ripped off in the past twenty years. That's how

(06:09):
I see it. He's getting back to all the money
that we got ripped off on buying cons buying oil,
buying gas, everything else. So, yeah, he's doing the right thing.
It's a demo. It's a Democrat who don't know who
don't want to listen to it because they know they
being The Democrats are the ones who's gonna find out

(06:29):
they're gonna have to be paying back everything else.

Speaker 1 (06:32):
Well, Dave, I think you put your finger on it.
The Democrats are the ones who are yelling, screaming, and
stomping because it's obvious they've been taking money from the
communist Chinese for decades. They're on the take. It's so
obvious that they're on the take. And you see, this
is what Jijinping is asking himself right now. We've bribed

(06:52):
and bought off all of these politicians in Washington. Six one, seven, two, six, six,
sixty eight, sixty eight is the number. Okay, listen now
to Trump speaking with reporters just outside the White House,
and the reporters were stunned They did not see this

(07:13):
move coming. The ninety day pause for almost every country
in the world, at least one hundred countries. They're going
to renegotiate all their trade deals. But drop in that hammer,
the sledgehammer on China, and China now isolated, completely encircled, isolated,
effectively holding the bag. Listen now to Trump saying, I

(07:35):
told you it's going to take a little time. It's
going to be a little bit of transition, it's going
to be a little disruptive, but in the end, it's
all gonna work out. What roll cut three, mic.

Speaker 4 (07:50):
Chuck Schumer and Nancy Pelosi. They've been talking about tariffs
for decades. How come when these Democrat elites want tariffs,
everything's hunky dory. But when President Trump wants tariffs, I'll
help break least. Do you see this double standard?

Speaker 5 (08:01):
I love this guy, whoever the hell that is. That's
truly I appreciate that question. Know, Chuck, humor, Nancy, everybody
knew you how to do.

Speaker 2 (08:09):
It, but they never had the guts to do it.
It does take guts.

Speaker 5 (08:12):
It even takes guts for our country to go through it.
That's why I say be cool. They was taking about see,
just be cool. It's going to work out. It's going
to work out, and it's it's working out, I can
tell you working out.

Speaker 2 (08:24):
Maybe faster than.

Speaker 5 (08:25):
I thought, but I said, it's you know, it's it's
going to take a little conditioning. It's a transition to
it's really I think it's a transition to greatness.

Speaker 2 (08:36):
It's going to be great news.

Speaker 5 (08:37):
Our country is going to be there'll be nothing like it,
and people investing in our country they're going to do
better than they've.

Speaker 2 (08:43):
Ever done before.

Speaker 1 (08:46):
Here's where things stand right now. Okay, just so that
you understand the kind of deals that Trump is making.
He's got about five to six trillion dollars now pledged
from other countries, foreign companies, foreign investors to invest in

(09:08):
manufacturing here in the United States. Five to six trillion dollars.
And that's just in the last month. That's going to translate.
Many economists are now saying about ten to eleven million jobs,
good jobs. Nothing against flipping hamburgers. Please don't get me wrong,

(09:33):
it's nothing. It's an honorable job. I know a lot
of people who got their first or second job at
a McDonald's or a burger king or a five guys
or whatever. There's nothing wrong with it. But you can't
feed a family as a hamburger flipper. So I'm not
talking about these low wage service sector jobs that pretty
much now is what we have in a lot of

(09:54):
our economy, good paying, blue collar middle class jobs, the
kind of jobs we used to have in this country.
Ten to eleven million jobs are now going to be
created out of just this five to six trillion dollar investment,

(10:16):
because of the ten percent baseline tariff, because Trump is
now willing to renegotiate all of these trade deals, and
because now the sucking of our wealth that the Chinese
have been, the communist Chinese I've been doing for the
last twenty five years is now over. It's over, and

(10:38):
we're barely one hundred days into his presidency. Six one
seven two six six sixty eight sixty eight. Ken in
the Great State of Georgia. Thanks for holding.

Speaker 3 (10:49):
Ken, and welcome hey Jeah Hawaii.

Speaker 6 (10:53):
Born.

Speaker 2 (10:53):
Very good, very happy, Ken, very very happy.

Speaker 6 (10:56):
Yeah me too. The big thing about yesterday was the
bond market. Prior to Trump announcing his lowering of the
ninety day grace period. It showed that a lot of
the internetal a lot of the bars were bought by
international countries, showing that they were being you know, respectful
to Trump's tariff, not disrespecting him. It drove the yields down,

(11:21):
which is another thing, and he said, drove the price
up of balls. It was high demand. So as soon
as he saw that, he said, okay, the people who
I talked to are serious about negotiating. So I'm gonna,
you know, drop their towers down to the ten percent
for ninety days as a as a safety net, so
when we renegotiate, they're still serious about the negotiation. Now,

(11:43):
what's killing the Chinese disease? Hubris? He he is so
proud because he's done a lot to do these what
they call silk road initiatives. He doesn't want to lose that,
and he just can't see pass his nose on what
this might do to his uh economy.

Speaker 2 (12:01):
Your thoughts, well, you're right on every front. You're right.

Speaker 1 (12:04):
It was the bond market that in many ways Trump
was looking at that, and then he said, you know
what what I'm seeing is many foreign countries and many
foreign investors want to buy American. They want to buy
a American and they want to buy into America. So
he said, you know what they're willing to negotiate. I mean,

(12:25):
I'm not just seeing the delegations coming in, right, he
says no. No, The country, the world overall is saying no, no. Listen, look,
we want a better tariff system. We want to level
the playing field. In other words, pocket the win. Really,
what Trump did in a nutshell can is pocket the win.

(12:46):
In fact, if you don't mind, hang on, I want
to play a cut because and Trump kind of telegraphed this.
That's why I can't believe the media didn't pick up
on it. Listen now to Trump. This was a couple
nights ago at the the National Republican Campaign Committee dinner.
So all the Republicans are there, Senators, members of Congress,

(13:08):
many governors, I mean, all the political heavy hitters.

Speaker 2 (13:11):
And he's so he's.

Speaker 1 (13:12):
Talking to a room of you know, powerful politicians and
he's telling them, guys, I don't think you see what
I'm seeing roll cut four a mike.

Speaker 7 (13:25):
I think we're going to do much better than that
this time, because this time I'm doing what I want
to do with respect to the tariffs.

Speaker 2 (13:31):
I think we're going to do much better.

Speaker 7 (13:33):
And just remember the numbers when you get up to
two billion a day. Two billion a day, they saying, sir,
tip you that keenant. I said, yeah, I can's the biggest,
the biggest transaction ever made.

Speaker 2 (13:44):
This is bigger than any deal. You guys, some of
you work for companies. Your companies are peanuts. I don't
care how big they are compared.

Speaker 7 (13:51):
There's the largest transaction in the history of our country.
And don't let some of these policies to go around
and say, you know, because I'm telling you, these countries
are calling us up, kissing my ass. They are dying
to make it to you. Please please make it to you.

Speaker 2 (14:07):
I'll do anything. I'll do anything, sir.

Speaker 7 (14:10):
And then I'll see some rebel Republican, you know, some
guy that wants to grandstand say I think that Congress
should take over negotiations.

Speaker 2 (14:19):
Let me tell you, you.

Speaker 7 (14:19):
Don't negotiate like I negotiate.

Speaker 1 (14:22):
By the way, that shot was against ran Paul, just
so that you know. Ran Paul has been against Trump
on this tariff thing, this trade tariff war from the beginning.
He's siding with Canada, he's siding with China, believe it
or not, and he's the one saying no Congress should
be negotiating all this, not Trump, I mean, Rand Paul
to me has become an absolute judas and a real disappointment. Okay,

(14:45):
but let that go. The larger point is this, he's saying,
don't you get it, they're lining up to quote unquote
kiss my ass. Everybody wants to make a deal on
our terms, on good terms for us. So what Scott
Bestin told him yesterday was Donald pocket to win.

Speaker 2 (15:05):
Take the win. Take yes for an answer. You've won.
You've won.

Speaker 1 (15:12):
Now, you can't negotiate in twenty four hours. You gotta
have a you know, at thirty days, Give me thirty days,
give me three months. Lutnik will help, the Trade Rep
will help, will put a good team together, and almost
country by country, one by one will come out better deal,
better deal, better deal. And then who's been our number
one enemy?

Speaker 2 (15:30):
China? Who's been most belligerent? China?

Speaker 1 (15:34):
The world is betting on us. They're not betting on China.
The world wasn't buying Chinese bonds, you see, they weren't saying,
oh we're gonna, We're gonna now throw our weight behind China.
So you're right, she fatally has miscalculated six one seven
two six six sixty eight sixty eight is the number.

Speaker 2 (15:55):
Okay.

Speaker 1 (15:56):
I want to ask you, the great audience of Kuner Country.

Speaker 2 (16:00):
The poll question today.

Speaker 1 (16:02):
Okay, the Kooner Country Pole Question of the Day sponsored
by Marios Mario's Quality Roofing, Siding and Windows. Yesterday's historic announcement.
Do you agree or do you disagree? Do you support

(16:24):
President Trump's ninety day tariff pause on every country except China?
He paused it for every other country in the world
except communist China.

Speaker 2 (16:41):
That was the opposite.

Speaker 1 (16:42):
He increased the tariff two one hundred and twenty five percent,
which is a devastating, crushing tariff. So a yes, B no.
I want to hear from you. You can vote on
our web page wrco dot com slash cooner wrko dot

(17:04):
com slash cooner kuh n as in national Er. You
can also vote via X very active. I was again
very active last night. You can follow me on X
and you can obviously vote on X my handle at
the Kooner Report all one word kuh n as in
national Er, Maryland in Norwood. Thanks for holding Marilyn, and welcome.

Speaker 8 (17:31):
JESF. I have some reservations about the President's approach regarding China,
and I must say I find that I am probably
more aligned or have this, you know, have the same
concerns that Grace has privately expressed to you. First of all,

(17:52):
I should tell you I worked in the biotechnology industry
and for twenty years with a member of the japan
Society of Boston. So although I'm not of Japanese heritage,
I do have a little more insight into some of
the values of the East Asian cultures of Japan, China,

(18:13):
and Korea, and perhaps many other countries of the world. Also,
you know, some of these values would be more respected.
I don't think the president's approach to single out China
for this kind of shall we say, punishment is a

(18:35):
good idea, because saving faith, showing signs of respect in
the East Asian societies are more highly prized at the
international level than even in the West. So he may
have unintentionally, although his intent is to bring them to

(18:59):
the new negotiating table, he may have unintentionally offended them
and will make them more aggressive. Now, regarding the tariffs
that have been imposed on China, at one point yesterday
I heard that it was the one hundred and four

(19:22):
percent and may have increased since I last listened. Was
going to be on most goods excluding pharmaceuticals. But then
later in the day I heard if unless I was misinformed,
that it would include pharmaceuticals. And here lies the problem.

Speaker 2 (19:41):
Marilyn.

Speaker 1 (19:42):
Can you do me a small favor, By the way,
You're making an excellent point, and I want to return
to your original point because when I worked at the
Washington Times, we had a Korean ownership. They were owned
by Koreans, so I know exactly what you mean about
the face culture and saving face culture, which is so

(20:02):
foreign to Americans and frankly Europeans and Westerners, but it's
it's it's the culture in China, in Japan, in Korea.
So you're completely right. But I want to since you
mentioned the pharmaceuticals, so Trump said there's going to be
one hundred and twenty five percent tariff, and as you know,
many of our pharmaceuticals that we use are made in China.

Speaker 2 (20:23):
Right. You know this better than anybody.

Speaker 1 (20:24):
Listen to what Trump said about the pharmaceuticals, So just
to back up your point, So please just hold on
one second, Maryland. This is Trump saying, and I'm gonna
tariff the pharmaceuticals as well. There's going to be no exemptions.
Every Chinese product, every Chinese good, anything made in China.

(20:46):
They're not gonna come. They're not they're not escaping my tariff,
which is now going to be one hundred and twenty
five percent roll cut four.

Speaker 7 (20:54):
Mike, the drug companies listen to them, but we're going
to do something that we have to do. We're going
to put We're going to tariff our pharmaceuticals and once
we do that, they're going to come rushing back into
our country because with a big market, the advantage we
have over everybody is that we're the big market. So
we're going to be announcing very shortly a major tariff

(21:16):
on pharmaceuticals. And when you and when they hear that,
they will leave China, they will leave other places because
they have to sell most of their product is sold here,
and they're going to be opening up their plants all
over the place in our country. We're going to be
announcing that. So that's breaking news. Ladies and gentlemen, we
have breaking news so Maryland.

Speaker 1 (21:38):
Just to reinforce what you're saying when he says our
companies are our pharmaceuticals. He means, you know Pfizer, Maderna,
you know the big farmer companies. So he's really taking
it now to big pharma. And he's saying, look what
you're doing here. Take insulin, just as an example, Okay,
because I use insulin, I'm diabetic type do diabetic. They

(21:58):
make the insulin in China cheap because they use very
low cost labor, and then they ship it to the
United States basically tyr free, and so our pharmaceutical medical
supply chain has effectively been outsourced to China. Trump is saying,
I'm going to hit him now with a tariff, even

(22:18):
our pharmaceuticals, So it's not going to be cheap anymore.
It's going to be very expensive. So they're going to
have to come back and make the say insulin whatever,
take your pick, asparin, whatever, you're going to have to
make it here in America. And the reason why, and
marilynd I want to hear what you have to say,
but the reason why Trump is doing this because he

(22:41):
said in this first term he couldn't believe how many
vital life saving drugs and just medications that we need
for our health here, Like for me, I need my insulin.
Without insulin, my sugar goes right through the roof, he goes.
We're so dependent on China. We have to bring this
back to the United States. We can't outsource our vital

(23:04):
pharmaceutical medical supply chain to another country, but a country
that is as hostile to US as Beijing is so Maryland,
I've set it up.

Speaker 8 (23:14):
Please keep going, Okay, Jeff, thank you. I fully agree
that the pharmaceuticals need to be returned to the United
States first and foremost. These companies, US, Canadian, and European
that outsourced to China years ago primarily did it out

(23:35):
of greed, because they saw an opportunity to maximize their
profits and pay people far less money, and that should
never happen. There should be a law that medication has
to be produced in friendly countries and advanced friendly countries.

(23:56):
Because I have a friend in chemical engineering with ties
to MIT, and to this day she will attest that
the regulatory standards in drug production in China is variable,
and so if some companies are manufacturing at the same
high levels as her high standards as here in the

(24:19):
US or or in Western Europe and other places, are
really fly by night. Operations. But my interim concern until
these companies are repatriated to the US, they've built their facilities,
and their facilities have undergone sorrow FDA inspection, which is
part of the regulatory standards. This one hundred and twenty

(24:44):
plus tariff could really create great financial hardship for people
on fixed incomes, or poor people or people with very
limited incomes. Now we're approaching in in less than two
years the mid term elections, and the Republican Party could

(25:07):
suffer a major setback if people are, you know, paying
astronomical sums for these drugs. My mother lived to ninety five,
God bless her. She was taking a drug she died
in twenty twenty two that was four hundred and fifty

(25:29):
dollars a month, And I understand those other drugs that
are much more expensive. The drug was not made in
China to the best of my knowledge. However, it has
been reported by the Atlantic Council, which is a think tank.
I'm not sure if it's in DC or here, you know,
in the New York or you know, Boston area belt

(25:52):
that includes a lot of prominent people of globalist types
that as of two twenty three, forty five five percent
of cardiac drugs come from China, and many cardiac drugs
are very expensive. Ninety eight percent of pharmaceutical of antibiotics

(26:14):
come from China. And there is a fascinating guest which
a foundation affiliated with Johnson and Johnson Corporation, and she
has testified before Congress and what she said.

Speaker 1 (26:30):
Oh, Marilyn, we lost you, but basically that yeah, we're
completely dependent.

Speaker 2 (26:36):
No, I hear you.

Speaker 1 (26:36):
That we are absolutely completely dependent for so many of
these vital drugs that we need for as you said, antibiotics, insulin,
heart medication. You could go on and on, and so
that's see, that's one of my big concerns. I think
that's what I mean when I say our relationship with
China over the last twenty five years has it's made

(27:01):
us very dependent, and it's been very reckless and irresponsible. Now,
I do want to go back to your original point,
because you're right. Look, let me just quickly tell you
so when I was at the Washington Times, we had
a ownership from Korea, and look like many from East Asia,
very hard working, very disciplined, very conscientious, really just in

(27:29):
many ways, excellent business people, excellent managers. But let me
tell you what I noticed, and it wasn't just me.
It was across the company. And it's so foreign two Americans.
I'm telling you, it's going to be hard for you
to wrap your mind around this. So I don't want
to get into the specific So it was something that
happened inside the office. Long story short, the president of

(27:52):
the company, who was Korean, made a mistake.

Speaker 2 (27:58):
Made a mistake. It happens in every company.

Speaker 1 (28:00):
CEOs make mistakes, Presidents make mistakes.

Speaker 2 (28:03):
What do you do?

Speaker 1 (28:04):
You apologize, no problem. You said, we're going to reverse
the policy or change the policy, and we move on.
That's how it's done in America, in Canada and Europe
and generally in the western world. We had a meeting
with him. I swear to you it was an hour,
almost seventy minute meeting. We resolved the problem within five minutes.

(28:29):
It was me and a couple of other senior editors.
Within five minutes. Here is the mistake, this is how
it's hurting the paper. This is what we need to
change or to reverse policy. Very smart guy. He got
the issue, he acknowledged a problem, and it was done
within five minutes. So to be honest, because we were

(28:52):
told by other editors, Oh, don't go in that meeting.
We're like, why shouldn't you go into that meeting? He goes,
You'll say, it's going to take you forever to get
out of there.

Speaker 2 (28:59):
I'm like, what is he talking? And I'm like, we're
all like, what is this guy? He goes, You'll say,
you'll see what I mean.

Speaker 1 (29:03):
Like, you know, okay, you know, they go he's Korean,
he's not American, he's Asian, he's not American.

Speaker 2 (29:08):
And we're like, what is this guy talking about?

Speaker 1 (29:11):
So literally within five minutes, and you could just tell
our eyes were looking at each other and we're like,
this was really fast. I mean five minutes. They were
making it seem like they're going to be World War
three in here.

Speaker 2 (29:24):
Then.

Speaker 1 (29:25):
And he didn't do it in a hostile way. He
then looked at all four of us in the room.
We're all Americans or I mean I was on a
green cart, so technically Canadian legal resident. The other three
were born and raised in America. And he puts his
hands on his face and he puts him back out
on the table, and then he puts him back again

(29:46):
on his face, and then he puts him on the
table and we're looking and like what And he says,
I've lost face. I made the decision. I'm the one
that has to reverse it. That means I failed as
the president. I failed as the manager. You don't understand

(30:09):
in the eyes of the ownership. And he was convinced
of this, in the eyes of the employees, I've lost face.

Speaker 2 (30:21):
Now.

Speaker 1 (30:22):
We tried to explain to him again, very smart man,
very nice man. Hey, look, this happens all the time.
Don't worry about Honestly, Hey, listen, honestly, we don't think
less of you. We really don't. Nobody. The journalists don't,
the editors don't. The people who work, the staff, the administration. Hey,

(30:43):
you made a missy mistake. I make mistakes. He makes mistakes.
We're all pointing at each other.

Speaker 2 (30:47):
People make mistakes the way.

Speaker 1 (30:49):
It's okay, No, you don't understand. It's like, it's just
it's culture. You can't It's it's an ingrained culture, characteristic.
He lost face. Now, how do we extricate him from
losing face? And that was the next sixty five minutes

(31:13):
of the meeting. I heard from people. Meetings sometimes go
on two three four hours because it's all about so
what press I swear to God, I swear to you,
the press statement, the press release. How is the press
release written that this doesn't impact I mean, we had
to it was this convoluted, almost insane press release that

(31:37):
the policy has been changed, and it's because of the
greatness of the president, I'm serious, and the far, far
sightedness of the president. And it had to be written
in a way where he comes out smelling like an
absolute rose and you can see he's like, I've lost

(31:59):
face lot. It's like he was caught walking around nude.
The only way I can compare it to the is
like he's naked, like we just caught him naked. He's ashamed.
Now to bring it now to Jijienping, this is what
I'm trying to see. If you don't understand this, you
don't understand what's happening in China now at the leadership level.

Speaker 2 (32:20):
She has now lost face. He's lost face basically.

Speaker 1 (32:27):
Think of it's the equivalent he's been caught nude in public,
walking around. He can't show his face in public. He's ashamed,
he's humiliated, so he can't back down. He will not
back down. Why because now he will lose face because

(32:51):
he told his people will win this trade war. He
told his people, I'll break Trump. He told his people
retaliate because many in the CCP, at the Paula Bureau level, said,
I think Trump's going to take this all the way
to the end. I don't think Trump's going to back down.
And he says no, no, no, we're holding the cards.

(33:11):
He's not holding the cards. And what is he holding.
They own a lot of our debt, they own a
lot of our bonds, our treasuries. They can threaten or
menace Taiwan. They can in other words, they think that
By the way, now they're talking about cutting off the
critical supply of rare earth minerals to the United States.
So if we want to make say our military technology

(33:35):
here or many of our military weapons systems, you can't.

Speaker 2 (33:40):
You need the rare earth minerals.

Speaker 1 (33:42):
Electronics, phones, batteries for the teslas, the car batteries, you
need the rare earth minerals. So she is telling his people,
i can cut the Americans off at their economic throat.
I'll cut off the rare earth minerals. We can blockade
or invade Taiwan. We can dump their treasuries because they

(34:04):
have such high debt, so he's telling them, don't worry,
we're holding cards. Now we're starting to realize he overplayed
his hand because without access to the American market, literally,
China's economy now is going to crash. It's going to crater.
You can dump all the bonds, all the treasuries you want.
Now you can cut off your rare earth minerals. Trump

(34:27):
anticipated that He's moving into Greenland, He's cutting deals with
Russia and Ukraine. He's going to fill the rare earth
minerals from other countries to offset China's. They got a
large the biggest depositive rare earth minerals in the world.
So he's going to cut off. He's going to replace
what the Chinese are going to threaten to cut off
to us. So Forji now it's a fight to the death.

(34:53):
He's now locked in. And I'm just trying to explain this.
Their calculations are different than our calculations. Look like or
don't like. It's rational. Trump looks at the bond market,
he looks at the stock market, he looks at what
his people are saying, he looks at what his base

(35:15):
is saying. It's rational, it's investment productivity, money, performance, popularity.
These are all rational considerations. Face and honor is not rational.
There's now an irrational element into this now showdown between

(35:38):
China and the United States. I'm not saying I don't
back Trump. I back him all the way, but if
I was advising him, I'd say be careful now. She
is not going to back out. He's not backing down.
I think it's to our advantage. I think his stubbornness,
his fear to lose face, is going to force him

(35:59):
to fight this trade war to the bitter end, and
it's gonna cost him in the CCP, everything, everything at
a bare minimum. I think other leaders in the poll
at beer are gonna say G screwed us, G messed
it up. Yeah, he's losing face. Here's the ultimate losing face.
You're gone, and they're going to overthrow him in a coup.

(36:24):
We'll see what happens. But a desperate G is a
dangerous G. And my only concern is remember to go
after Trump the first time over that trade war that
they lost in his first administration, and to prevent him
from coming to power, they unleashed a bio weapon that

(36:46):
killed millions of people. That's how vicious and brutal these
people are, don't put it past them if they seek
to invade or blockade Taiwan. So if I'm advising Trump,
I say, get ready for Taiwan. Make sure we put
a huge deterrent on Taiwan, because China now could very

(37:09):
likely lash out.

Speaker 2 (37:11):
In a way.

Speaker 1 (37:11):
You would think that it's utterly irrational, but from their
point of view, it makes all the sense in the world.

Speaker 2 (37:18):
So be careful of Jijinping.

Speaker 1 (37:21):
He's much more dangerous, and he's always been much more
dangerous than Vladimir Putin.