Big BAD Business in America

Big BAD Business in America. www.watchdogonwallstreet.com

Episode Transcript

Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski Big bad.

Speaker 2 (00:19):
In my opinion, business in America got. I love business.
I love small business again. I just breaking them down,
understanding companies. It's what I do. I get excited over it.

Speaker 1 (00:35):
I do.

Speaker 2 (00:36):
However, however, we need to as a nation, we need
to flip the script what we've been doing now for generations,
the track that this nation has been on for some time,
I going back to the late nineteen fifties were really

(00:58):
kicked off into the sixties into today. The type of
business that is, to be honest with you, has been
in the driver's seat. Wasn't in the driver's seat from
the get go, but it most certainly is now. It
most certainly has been over the past twenty five years.

(01:20):
Can you guess what businesses? What businesses are really the
ones that are really pulling in the dough now? Some
people say, Oh, it's tech, it's tech, it's Apple, it's
in Nvidia, it's Meta, it's the Internet. You wouldn't be
wrong that they are not great businesses, big businesses that

(01:41):
have increased productivity and done wondrous things, there's no doubt
about that. But they're not the top. The top two
businesses in the United States, quite frankly, are war and illness.
War and illness. Take a look at the amount of

(02:04):
money that we have spent as a nation on war,
perpetual war here there and everywhere, the billions and billions
trillions of dollars from like trying to kid out the
door and illness. You know, we like to think, you know, wow,

(02:29):
gee whiz, we've got the greatest healthcare system in the
entire world. Yeah, we've got we've got great medical schools,
we've got wonderful doctors, we've got great hospitals here in
this country. But with all the money that we're spending,
and we spend more per capita than anywhere else the
entire well, it's not even close. Why are outcomes so bad?

(02:54):
And and I've I've talked about this before, and guys
like Robert F. Kennedy Junior or Cassie in case he means,
other ones out there to do much better job of
getting into it than I will ever be able to do.
We're we're hurting ourselves here people. Again. I want to

(03:15):
get back to that theme that I talked about yesterday
about wasted talent. We're wasting our talents. The sky is
a limit. The future can be fantastic for this country.
I can't stand here and people talk about I'm worried
about the future for my kids. No, no, no, no,

(03:37):
no no. We need to have an optimistic future. We
need to have a future where we're not fighting battles
here there, and we don't have troops everywhere. We're not
sending billions and billions of dollars to fight perpetual wars
to satisfy the military industrial complex. We're actually trying to

(04:00):
help people solve their health issues, get rid of chronic diseases.
Chronic disease, I mean, think about that, throw out a ballgame,
watch TV. One drug after another to treat some chronic condition. Again,

(04:23):
you want big business in the United States, it's war
and illness. Those are two businesses that man, oh man,
we need to see shrink watchdog on Wall Street dot
Com