Episode Transcript
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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.
Speaker 2 (00:16):
All right, big rumble in the Oval office, dods Olympski
gets bounced. Bounce bouncers there for crying out. I have
to throw his bookhocks out anyway. I watching actually from
Europe where I'm at right now, what took place and
(00:39):
the reaction, the reaction over here, the various different publications
I happened to be in Italy at this point in time,
and the scrambling that's taking place. They've put together that
meeting over in London. All of the European leaders went
over there to show solidarity with Zonski and make sure
(01:01):
that they're gonna put put something together. And I gotta
guarantee security, right, Sure you believe that? Okay, I uh,
you know what, I got a bridge I want to
sell you to Kennet's Brooklyn to Manhattan. Okay, They're not
going to do anything if you honestly think that they're
(01:26):
going to start putting boots on the ground in Ukraine
got another thing coming again. The uh, the liberals, the
liberals in the United States. This was a setup, it
really was. You had Chris Murphy, uh basically meet with
Zonski ahead of time. And actually, if you watch some
(01:49):
of the interviews with Susan Rice and others, they do
exactly what they were doing was a set up. It
was a setup. If the the c span, if you
can watch the entire meeting between Donald Trump and stils
he's about fifty minutes long. The entire thing was going
just fine until the very end. So sudden body language changes,
(02:10):
crossing is crossing his arms, starts rolling his eyes, all
all sorts of stuff started changing towards the end. And yeah,
he wanted he wanted the United States. He wanted the
United States. Who wants to send our our kids over
there to the Ukraine for security guarantees? No? Yeah, done, done,
(02:37):
And quite frankly, I think most of the country, outside
of like wing lunatics or people in Hollywood, most most
of the country's kind of done as well. I'm not
going to send our kids over there to what to
start a war? Just just I mean, you really, you
really want to put our kids right next to rush sure,
(03:00):
where you know things could escalate quickly. I want to
remind people of the we'll go back, you know, we're
back back one hundred and ten years, one hundred and
twenty years and take a take a hard look at
how things end up getting getting uh, escalate quickly in
Europe World War One. Yeah, that that that worked out
(03:22):
real well. Stupidity for crying out loud. I mean, let
me let me kind of describe. And I again, I'm
someone who loves I love Europe. I'm in I'm in
Italy right now, so you know, I'll explain basically this,
but it's it's the same for all the countries. We had.
(03:43):
Actually last week on the podcast, we talked about how
you know you can take all of the European startups
over the past fifty years as far as market capitalization
is concerned, and home Depot is bigger. He just that
you said, listen, we have a national hardware store, Okay,
(04:04):
and I love the company great can Lango a huge
fan that's bigger, bigger than all of this continent's with
five yeah, with three hundred million people, five hundred million
here all of your startups combined, don't don't come close
to home depot. This continent is. It's a museum. It's funny.
(04:32):
I'm thinking about it about you know, sitting down and
enjoying my day. A lot of a lot of things
to love here, cafe, you know, relaxing, beautiful. It's a museum.
It's disney World for adults pretty much. It's Disney World
for adults. This is what this continent has become. Now,
(04:53):
you Europeans, you couldn't, you couldn't defend yourself from being
invaded from Africa, Middle East with all the migrants that
have come here have taken over. You're gonna you're gonna
work Russia. Yeah, good luck with that. Good luck with that.
(05:18):
The posturing is funny. And again listen, I've said I
would love I think it would be great if Europe
would get back on track and start building and creating
and doing amazing things. Because again, great history, great history.
I mean again, you take a look at you know,
(05:39):
whether the various different things that come from this continent,
from Greece to Italy, Germany, banking, it's all you know,
days past, it's nothing. They don't do anything now, nothing,
And it would be great if they did and it
was actually it was, there was the Polish Prime Minister
(06:00):
actually said that that very thing like a day ago.
He's like, yeah, wait a second, this is gonna have
You're gonna ask You're going to ask three hundred million
Americans to defend five hundred million Europeans against one hundred
and thirty million Russians. No, no, yeah, And again the
(06:24):
tweets that are coming out from these various different leaders, well,
we stand in solidarity. They got Trudeau. Trudeau from Canada.
I'm over here in Europe so we can have security guarantees.
You have no military Shut up, man, I mean, what
are you saying? What are you gonna do Canada to
(06:46):
a snowball. It's it's patently absurd, the entire thing. And again,
the unfortunate thing is is, you know, the mainstream media,
rather than actually cover exactly what took place the entire meeting,
they took the very end. They took the very end,
(07:06):
and oh my god, it's j D Man just getting
billingerent here. Stupid. The the the idea that that Trump
put forward, and again I described this here that it was,
you know, Frank, it's genius keeping the oligarchs away. You
(07:29):
have American companies coming in and handling the various different
mineral wealth that's there. Essentially that prevents Russia from hitting
these various different targets. The genius genius. But again you
got also, like I said, the powers that be here
and how Europe works, it's it's still very much an aristocracy.
(07:54):
They like, they like their oligarchs, they like the way
things have been, and you know, they want to control
all this. The last the world. I went the United
States to do this. And again, watching this, watching this
whole thing take place and unfold right now, is it's funny.
But again I think, wash your hands of it. Wash
(08:18):
your hands of it. You know that's it. You guys
want it. You want to take care of this thing. Fine, fine,
and don't give me this article five nonsense. Okay, you've
got you said, they send British troops over to Ukraine
and they happen to die at the hands of the Russians.
(08:38):
We don't have to do a damn thing. We don't
have to do a damn thing. We're not gonna we're
not gonna come to your defense, Okay, And I think
they know that. So again, watching this entire thing take
place and unfold again. I hope and I do think
(08:59):
that Trump is going to hold the line on this.
The last thing in the world we need to see
as a nation is more wars. You take a look
at going all the way back to you know, Eisenhower
warning us about the military industrial complex, Eyesenhower warning us
about being involved in NATO and what that was going
(09:20):
to end up costing us. The trillions and trillions of
dollars that we have spent over the past few decades,
and the various different adventures in the Middle East, What
have we gained from any of this? Nothing? Nothing, death destruction,
(09:42):
young men and women being killed, trillions of dollars wasted
that could have been spent better elsewhere. And listen, you know,
I want to have the strongest and greatest military in
the entire world. We want to have that you know,
the old you know, speak softly in carry a big stick.
(10:03):
Need to need to get back to that mentalit because
that's what the founders wanted, that you know, traits and
around the globe looking for another monster to slay. It
was John Adams that that that actually talked about that
that that's that's not what this nation should be. We
should be setting an example to everybody else. You don't
(10:24):
like it, you guys, take care of it. It's on you,
it's about it's about time. Okay, you started, you know,
pulling your load, taking care of your responsibilities, and uh,
you know, quite frankly, I think that Ku Starmer, Yeah,
he's he's talking a big game. Do you think that
these European nations are gonna step up? You think they're
(10:46):
going to send boots on the ground Ukraine? Not going
to happen, watch Dog on Wall Street dot Com