Asmongold TV - WTF is happening with China? | Asmongold TV

Episode Date: July 26, 2025

WTF is happening with China? Asmongold show for all of his stream highlights, competitions, reactions & more. ---- -------- Keywords: game reviews, mmo gaming, esports commentary, video game analysi...s, gaming community, reaction videos Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript
Discussion (0)
Starting point is 00:00:00 So we were at 400% yesterday. Now we're at 1,000. China is now willing to negotiate. The Yuan has fallen to the lowest level in 18 years. I mean, this has been fucking insane, honestly. And I'll be kind of curious to see what happens with this. The art of the deal. Please briefly explain the other deal for idiots who don't understand how Trump operates even after decades of him using the same strategy for everything. Okay, here are the key elements. Start with an extreme position to create room for compromise. Use attention-grabbing statements. to control the narrative and put the other side on the defensive, create a sense of urgency to pressure the other side into making concessions, keep the other side guessing about your true intentions and bottom line, be willing to walk away if the deal doesn't meet your standards. This is absolutely what's happened. For years, we've been ripped off and taken advantage of by China and others,
Starting point is 00:00:50 in all fairness, but by China, that's the big one. And it's just one of those things. You know, we're making $2 billion a day right now. this country, $2 billion a day with tariffs. And they were making $2 billion a day. We'll be making more. And now when you see what happened today, I don't know if it's still there.
Starting point is 00:01:11 You know, this is where I looked an hour ago, but we were up like close to 3,000 points. Nobody's ever seen a day like that. I think that's a record, is it, fellas? Yeah, fair way. Is that a record? It would be cool. Who is we're going to have a revenue like that after watching?
Starting point is 00:01:26 But because the geniuses of the world, They get it. Our country is very strong. We were left a very, very weakened country by Joe Biden, both economically, financially, because of all of the tariffs and all of the other companies just raiding us and ripping us off. And that's President Trump yesterday after issuing that 90-day pause on reciprocal tariffs for some countries while keeping the 10% baseline tariff in place while also raising the tariff on China to 125% effective immediately. The president said that was because of a lack of respect that Beijing has shown the world markets with its retaliation against the U.S. The president also told reporters he's still open to meeting with Xi Jinping. No, of course he's going to talk to him. I mean, this is just something that's going to happen.
Starting point is 00:02:15 Yeah, of course. No, sure, I would. He's a friend of mine. I like him. President Xi, I like him. I respect him. But they haven't treated our country. I'd sure I'd bait with him.
Starting point is 00:02:28 On the other countries, and Japan is here, and South Korea is here, and others are here. And we're trying to see them. From what I hear, it's much more than 75. I said 75 plus so many. Everybody wants to make a deal, actually. And, you know, we want to do what's right for our country. We also want to do what's right for the world. The world is important.
Starting point is 00:02:51 I mean, you know, it's the world, right? And I think we're going to make a lot of people very happy. and I think investing in the United States of America will be the greatest investment that anybody's ever made. That's pretty important. The president keeping allies close with this new tariff plan.
Starting point is 00:03:07 Jeremy now is Gatesstone Institute, senior fellow and the author of Plan Red, China's project to destroy America. Gordon Chang back. I wonder what his opinion's going to be. With us. Gordon, great to see you. Your reaction to all that has taken place here.
Starting point is 00:03:21 I don't know why Xi Jinping doesn't just pick up the phone and call President Trump and try to do a deal rather than back and forth with this retaliation. Yeah. Picking up the phone and calling President Trump would be the economically rational thing to do. China absolutely needs to do that. But Xi Jinping has configured the Chinese political system
Starting point is 00:03:39 so that only the most hostile answers are considered to be acceptable, which means he's boxed himself in. He can't do that because if he does that, his communist party felt like a bitch. Yeah. Fellow leaders, they're going to criticize him. So right now, China's in a position where,
Starting point is 00:03:56 can't do what it absolutely needs to do. And I think they're trying to pressure U.S. markets. When they saw the Politburo and Xi Jinping and his leadership team, when they saw the markets were down 2,000 points, two days in a row, trillions of market value laws, they tried to pile on. In fact, there was an issue yesterday in the bond market where rates were spiking.
Starting point is 00:04:18 And I was questioning, what's going on in the bond market today? Was it a trade gone wrong, or is China selling treasuries? And I spoke with the Treasury Secretary, about it. I asked Scott Bess and that, just that. Watch this. There's one of these de-leveraging convulsions that's going on right now in the markets. And I think it's in the fixed income market. There's some very large leverage players who are experiencing losses that are having to de-leverage. I believe that there is nothing systemic about this. I think that it is an uncomfortable but normal de-leveraging that's going on in the bond market.
Starting point is 00:04:57 And I expect that as we see the leverage come down, the risk managers tapping people on the shoulders, telling them to bring their books down, which is what happens every couple of years as leverage builds up, then the market will calm down. It's trying to jumping treasuries to try to put pressure on this market. Yeah, I think it works against their purposes if they are dumping treasure. Let's see where it's at right now. I'm actually kind of
Starting point is 00:05:23 Curious. It's a 39% so it's pretty much about the same as it was. It's a little bit less than yesterday. Because if they're dumping treasuries and they have to buy something else, if they sell dollars. It's not bonds. No, I understand he's talking about treasury yields and bonds. I was just looking at this number and I was thinking, I wonder if it's more or less than that now. Strengthen their currency. And as I said earlier, they've actually been weakening their currency, which is a loser for everyone. And again, when I hear all these stories, the dollar is no longer going to be the reserve currency. If you end up with the Chinese who are willing to use their currency as a trade tool, that doesn't seem like a very good reserve asset to me. I was really happy to get the Secretary's commentary on the dollar, and he reiterated the U.S.'s position toward a strong
Starting point is 00:06:25 dollar. But what do you think? I remember during the financial crisis back in 2007, China and Russia tried to team up, pile on, sell treasuries to pressure the market. So that immediately came to me when I saw that spike in rates yesterday. Yeah, I think that's part of the answer of what the Chinese were doing, because they do want to put pressure on President Trump. Yeah. But the other thing, though, is, yes, they want their currency to weaken, but they don't want it to weaken too fast because they're worried about capital flight.
Starting point is 00:06:51 So I think that they have to sell treasuries, dollar-denominated assets to support the REMB. But the thing that's really interesting, you know, is that President Trump looks at this and says, I'm not afraid of you, China. Yeah, he really did. And the reason is, look, the Chinese don't have any cards in this. As the Treasury Secretary said, they're only holding a pair of twos, and Trump has a royal straight flush. But the point here, though, is that the Chinese think, well, we can intimidate Trump.
Starting point is 00:07:17 We can coerce him into surrendering preemptively. And Trump yesterday said, look, 125 percent tariffs, I'm not being coerced. I'm not being intimidated. You, China, you're the ones who have to back down. Yeah, and I love the fact that President Trump will over. We say it's 145 now, by the way. So he's continuing to go. Yeah, he's keeping doing it with no cards. Yeah. Things like, yeah, I want to meet him. He's my friend. We get along great. While at the same time is, you know, putting 125% tariff on the country. You know, he knows his customer in China. And the U.S. signed a new security and defense pact to reinforce control over the Panama Canal. Pete Hegzeth down at the, at the canal, the defense secretary announced the
Starting point is 00:08:01 packed during a joint press conference in Panama City yesterday. Watch this. We also signed. See, this is like another thing. I feel like very clearly Trump has been trying to take tactical moves to like weaken China. And he thinks China controls the Panama Canal. And so they're trying to weaken them there too. With the Minister of Canal Affairs. Wait, it's 154% now. Framework for U.S. military and auxiliary ships to travel through the the Panama Canal first and free. First and free. We're working with them to ensure that we take back the canal from malign Chinese influence. And these two documents, I think, create a historic baseline and send a clear message to the region and the communist Chinese that America will
Starting point is 00:08:54 stand by our allies, keep key terrain free so that our ships, our military vessels, our auxiliary vessels are free to traverse any time they need for any contingency around the world. If we help build the fucking canal and we're having to pay to use it, fuck that. Like, I'm just going to be honest, fuck that. Absolutely not. We didn't help. We built it. I was trying to be diplomatic. That China is upset about, that the U.S. is taking back the Panama Canal. And, you know, it seems to me that China's on its back heels right. now. With all of these moves from President Trump, what do you think about the Chinese economy?
Starting point is 00:09:44 What's the impact here? Well, the Chinese economy is probably around zero. And we see from the price signals, it's in a deflationary spiral down, which is really inconsistent with 5.0% growth that they reported for last year. So this is coming at a time where China is having its 2008. In 2008, they didn't want to have a recession, so they over-stimulated their economy. They've accumulated all this debt. They don't know what to do with it because this debt is internal, which means if you try to resolve it, local parties are going to get hurt. They don't have the political will to do that. They got their 2008. They got Trump on tariffs. They got de-globalization. This is all hitting China at the same time. And they have no answers to this in Beijing.
Starting point is 00:10:27 Yeah. And you would think that they would come back and try to, you know, schmooze Trump, try to get in his favor. But he... I bet they're probably trying to do that privately. I feel like there's a very high probability they're trying to do that. Because, like, they don't... No way. Why not? Wouldn't you do that if you were them?
Starting point is 00:10:54 Yeah, of course. Because the problem is the optics. It's not the outcome. It's the optics. Like you skeptics say no way to fucking everything. We would know from a tweet. Yeah, I guess so. Anyone else knows?
Starting point is 00:11:18 Trump dial back all the hostile reddit. about the rest of the world in the last two days? Well, yeah, of course. He always does that. It's that they're the worst people. It's the same as he called Gavin Newsome-Nuscom over and over. And then when he started helping them at the wildfires and Gavin Newsom started playing ball with Trump,
Starting point is 00:11:37 now he's not New Scum anymore. He does that with everybody. Like, this is not really any sort of like a big secret. He recognizes that they're in a weakened position. And that 125% tariffs, only going to make things works. We'll see if they blink and who blinks first. South Korean officials are ready to talk about tariffs going down with the U.S. The country will hold snap elections in June, June 3rd, to choose the successor to former President Yun Suk Yul.
Starting point is 00:12:10 He was ousted last year after briefly imposed. He had a national level crash out where he just randomly decided to impose martial law. And everybody in South Korea was like, what the fuck are you talking about? Like, you retard? Like, get the fuck out of here. And that was about it, you know? Like, then he was out of a job and that was it.
Starting point is 00:12:38 Yeah, he had his gamer movement. And you got to remember, like, South Korea is pretty close to North Korea. So, like, they hear martial law, they're like, oh, not for me. opposing martial law in the country, sparking those protests and riots. Gordon, what do you think about this? You've said democracy is at risk in this presidential election, and it could affect trade deals as well. Yeah, the leading candidate for the June 3rd election is a guy named Li J. Mung.
Starting point is 00:13:08 And Y J. Mung is basically a communist, although he can't say that because he's running for president. But the problem is he's very pro-China, very pro-North Korea, anti-U.S. anti-J. And so we're in a risk here because South Korea could really go red very quickly. But the point is on trade deals, you know, he doesn't like the United States. So he doesn't want a trade deal with the U.S. He wants to kick our troops off the peninsula. He called them an occupying force. That's crazy.
Starting point is 00:13:38 So, you know, right now things are very much at a point where this is the most important election in South Korea's history, June 3rd. I'll tell you, what a difference. this president and this administration is relative to the last one, where, you know, the oversight committee was investigating all the money that the Biden family took in from communist China. Yeah. And that certainly affected Biden's decision. Biden certainly acted like he was afraid of China. Yeah. You know, this was really bad. And it was important for President Trump to win, you know, and this is November 5, I think, is going to be looked at as a turning point in American history. This is the golden age. And I wonder. Yeah, we'll see what happens with that.
Starting point is 00:14:19 if this whole time it was about China that President Trump needed to put China in a corner and he wanted to do so in tariffs and all of this other drama around it was never the focus. I don't know. I'm beginning to see us that way. Gordon, it's great to see you. I think there's a pretty high probability of that, especially considering the fact that he did the same thing with the Panama Canal. Yeah, I think we're just going to have to wait and see. Hey, Kevin, what's your reaction to this now? It's not 125%. So it might be a surprise, but. But the tariffs to China have gone up again. Now it's up to 145%. That it's 1405% the U.S. tariffs on Chinese goods.
Starting point is 00:15:00 Wow. I've been an advocate for raising it to 400% in one move to force Chi to the table because this narrative with China is not just about tariffs. Since China joined the WTO in 2020, or it's a lot. It's actually 2000. They have not abided by the rules in any single year. There is no way you can figure out or settle a trade dispute with them, although they said they'd agree to do that.
Starting point is 00:15:29 They never did. They have been constantly stealing American IP, including many from my companies. We have not been able to litigate there. There is no resolution available to us. They are using our financial markets. I have to compete with Chinese companies that don't abide by GAP, listing on NASDAQ and the New York Stock Exchange for investors. Gap generally accepted accounting principles.
Starting point is 00:15:52 So they're cooking the books, basically. There's dollars, and I am forced to comply, and they're not. They're allowed to use our legal system to sue me here in the United States. I can't do the same in China. You can see how that's obviously fucking unfair. They don't have to use the same accounting. They get to steal your shit, and you can sue, you can't sue them. but they can sue you. I mean, really, like, what the fuck is going on here?
Starting point is 00:16:20 Does that sound fair? I think it doesn't. It's obviously not fucking fair. Just one hand. I put up my hand. I was testifying yesterday at the China's hearings in Washington, and I said I've had enough. And I expect you, lawmakers and the administration, to finally go to task and settle this once and for all, because I don't care if it's a thousand percent tariffs. All right. So we were at 400 percent. yesterday, now we're at a thousand. Oh shit. Wow. They have to come to the table now and not just settle this train. Check the China Observer YouTube channel. Chinese are complaining about Ziz and Pings. Remind me about that after this. They need to settle all of this. Bro, actually, I don't know if I want to
Starting point is 00:17:12 watch that, bro. Like, because if I watch that video, it gets popular, would that be snitching them out? I would be like, would I be an accomplice at that point? Like, if I watch that... unbalanced situation. We need all of us, look, I've nothing against the Chinese people. I love the Chinese people. All of their contributions to culture. Nobody hates Chinese people generally except for a few racist assholes, okay? Everybody's complaint is with their government. We know that most of the people in China are nice, good people.
Starting point is 00:17:49 It's the same as in America or any other fucking country. Over the millennia as well, Doctor. It's the government. They cheat, they steal, they don't play by the rules, and I've had enough. And so I would like this thing worked out. I don't care about the volatility. I don't care if Trump ratches it up 25% a day. What do you mean? Wait, Kevin, what do you mean you don't care about volatility if volatility has a direct impact on us as the consumers? You fucking retard. It already is having an effect on you. It's already negatively affecting you. But because it's happening in an abstract and you don't have it constantly. like quantified in a number that's directly in front of you, you think that it's not happening. It's been happening for years. It's been going on for years. And this is the thing. It's like,
Starting point is 00:18:38 oh, well, what about right now? Yes, wow, what a great argument. Let's slowly let this negative thing get worse rather than trying to solve it now. What a ridiculous thing to say. This is why, by the way, as long as the stock markets are going up, any argumentation, and like, basically people will support the China tariffs to the extent that the stock market doesn't go down massively. We have to fix this problem once and for all. It's killing us. It's killing small business in America. It's killing large businesses. Yeah. All the IP these guys steal. You go back and look at all of their technological advancements, and this is on personal estimation, you're going to find source companies. from American companies back four decades ago. Ginch and impact and breath of the wild looked pretty similar. The games looked really, really close together.
Starting point is 00:19:39 One game looked a lot like the other game. These guys don't play by the rules. And administration after administration, whether the European or American, have not dealt with this. It's enough. We've got to solve this problem. Now, if we have to squeeze Chinese heads to the walls, as I said yesterday when I was testifying, so be it.
Starting point is 00:19:59 I'm willing to live with the volatility to get the long situation settled. I want to keep in China. I want to open up those markets. If what you're saying is carried out to its ultimate solution, you're talking about the fact that China, the regime, has a system in place that is able to manipulate the world, its currency and everything else, because of its totalitarian nature.
Starting point is 00:20:31 Now, we can talk about what happened in 48. We can talk about what happened with Taiwan. We can talk about everything else. But Kevin, that's, it's a reality. The cultural revolution in China killed millions of people so that people would remember that they had to remain silent. What you're saying is, I've had enough with China, but you're good with it? No.
Starting point is 00:20:52 You're okay with it? Yeah. See, the way that you break that is you destroy the economy that enables it. Because the only reason why that happens is because the people there are living in relatively good status. That's the reason why people put up with it. Oh, no, no, no, no, no. On the contrary, but what I'm asking you is, what is the solution to dealing with China a system that systematically violates human rights? Here's how it's how it works.
Starting point is 00:21:25 Well, you ask you're going to. Right? You've got Chi. He's the supreme leader for life. What keeps him in power? Yes. Keeping people employed and fed. Now, when you shut down a factory, I think Janice Mackey Ferrer just on before me, he's talked about this.
Starting point is 00:21:37 When you shut down a factory, you put thousands, if not tens of thousands of people unemployed in China. That's right. They take burning torches, just like in a Frankenstein movie, up to the castle, and that's a bad outcome for the supreme leader. He knows that. Now, what's the largest consumer market on earth, the United States? That's right. That's right. He can't keep it up for too long.
Starting point is 00:21:58 Exactly. They do what? Absolutely they do. It's almost 40% of all goods consumed worldwide. What's the largest GDP? 25 or 26% GDP of the world? The United States of America. China needs the United States of America.
Starting point is 00:22:11 We have the upper hand right now. We have the cards. Now's the time to settle this because we want. We may not be the large economy forever. But right now we can squeeze Chinese, and I'm talking about the government, not the people, to comply with the laws and get a level playing field between China and the United States of America.
Starting point is 00:22:27 America. If it takes a little volatility, a little indigestion, a little acid reflux, I don't care. I want this thing worked out now because I can show you countless occurrences of where I have backed as an investor, a company that gets to $5 million in sales with a consumer good or service on Amazon. If it's stolen by China, then they just start reselling it under the same name or a similar name. On, on Alibaba. And then as soon as it hits $5 million, it's knocked off. They steal the IP, they manufacture it there. They sell it back into this market. I'm not okay with it. I'm not okay with that anymore. That's the nature of the...
Starting point is 00:23:00 That's right. Yep, there it is. And countless examples throughout history has happened before. Yeah. I'm sorry to profound a world of forest of China and the America open to each other. Well, I feel like, again, it would be better for us if they just weren't stealing our shit. I mean, I think that's really where the problem is. I mean, I feel like that's obviously what the issue is.
Starting point is 00:23:23 So, yeah. We spent billions on hip research and they stole it. course. So like if you have people that systematically steal your shit, if they keep stealing your shit and then they keep trying to resell it back at a much lower rate, is this really free trade? Is this what's in the best interest of the people that are here? I personally don't fucking think so. And I think that they always like making this argument like, oh, well, what about the little guy? Well, the little guy is the one that's getting their stuff stolen. A $5 million company is actually very small. You might think that it's big because it sounds like
Starting point is 00:23:57 $5 million, but whenever you take in operating capital and the amount of money and revenue, and then it's not like a $5 million company is not making $5 million a year in profit. That's not the way that it works. So yeah, espionage, yeah, but it brings competition. It doesn't really, there's no competition whenever it's, when it's asymmetrical. So basically, whenever you have to compete with ankle weights and then the other person doesn't, the other person is going to, like, that's not a competition. Like, there's no competition at all.
Starting point is 00:24:29 What a fuck do you think a Walmart and Target do to the little guy? Will they have to follow the United States law with copyright? What do you mean? So Walmart and Target, what they do to the little guy is they come into a space and they beat these smaller companies and these smaller, like, let's say, grocery stores or, like, you know, like small stores. They beat them by simply having a product at a lower price. that's a totally different dynamic than taking the products that they're making and then making cheap versions of them
Starting point is 00:25:03 violating the intellectual copyright and then selling them as if they're the original product. That's a totally different thing. Like yeah, they beat them on volume, exactly. And so, yeah, that's capitalism versus theft. I know it's crazy that people are even saying this. Patent, not copyright. Good point, you're right about that.
Starting point is 00:25:21 It's patent but not copyright, at least in most cases. The company I worked for did a cooperation with the Chinese company during the Olympics. Fast forward to today and they're our biggest competition selling copies for less money. How convenient for them. And so, yeah, I can easily see that.
Starting point is 00:25:36 Let me see if the China Observer... Holy shit. Uh-oh. Wow. You're thinking to, we're than you more than sure. I woke up and all our orders were gone. Because of these new tariffs from the U.S., every American client is telling us to pause production and delay our plans.
Starting point is 00:26:00 Wow. This is a mess. There's a video showing how bad things have gotten. It's like the sky has fallen. Orders were canceled because of the U.S. tariffs. Warehouses are packed with unsold products, and the factory floor is basically just being cleaned now, with no real work happening. Ever since Trump raised tariffs, businesses in mainland China have been feeling the chill.
Starting point is 00:26:22 Even though CCP General Secretary Xi Jinping talks tough about retaliating against Trump's tariffs, the truth is the Chinese government doesn't care about how much regular people are losing. That's exactly true. And I think that once the people there realize that, they're going to be really fucking upset. That's very dangerous for them. And this admin does.
Starting point is 00:26:49 They do, but our quality of life will not be as negatively impacted as theirs. So, like, basically, this is the way it is, is that you can take advantage of people and you can make their lives worse slowly. but if there's like a big decrease, like for example, COVID, then people lose their minds. Back will only bring even harsher responses. America as the buyer is the one setting the rules. If the seller tries to challenge them, they'll lose badly, ending up with nothing. On April 8th, US...
Starting point is 00:27:22 There he is. President Trump officially signed an executive order to raise tariffs on Chinese goods to 104%. Guys, do you remember back? whenever it was only 104 percent. Those were the days. They will be going into effect at 12.01 a.m. Tonight, so effectively tomorrow. That 104% rate is now in effect.
Starting point is 00:27:46 China crack down and influencers who are flaunting wealth during economic downturn because they feared regular people getting upset about the wealth inequality in China. Yeah, I think that any sort of a totalitarian state and any sort of an oppressive government is generally a house of cards. And if enough wind blows, the whole thing falls down. And like, that's how you have, and a lot of these governments, I've seen this happen a lot, is that it seems like nothing is happening, and then it's seemingly overnight, everything changes. And I think that's what could theoretically happen.
Starting point is 00:28:28 I was like, that's when I was talking about, somebody has no idea about. if you want to if you want to argue that's totally fine but saying that like I'm wrong I don't know what I'm talking about everything's fake you ban our crap all the time what are you saying
Starting point is 00:28:44 biggest companies operate in China will they operate in China because they have to and they also operate in China at a weakness they're not stealing anything so if they're not so let me ask you something if they're not stealing anything then why do you have all these American business owners
Starting point is 00:28:59 saying that they're stealing things. Do you think that they're all just collectively lying? And how do you explain why there are video games made in China that seemingly copy video games made in other countries? How do you reconcile that? Like Apple getting their iPhone stolen? Well, yeah, Apple does have to give away any sort of like trade secrets or anything like that in order to do business in China.
Starting point is 00:29:24 That's one of the criteria. And on top of that, they have to be partnered with a company that's in China and every company that's in China needs to have connections to the government. Like which one? Which one? Okay. All right. I'll give you an example.
Starting point is 00:29:45 Blizzard went over to China and they had to have a partner and that partner was Netis. The partnership with NetE's went away and Blizzard could no longer offer their services in China. There's an example. Is that enough? or now do you want another one? So wow was stolen? Yeah. Yeah, absolutely.
Starting point is 00:30:11 What I'm saying, I'm saying, what are they copying? Oh my God. I just gave you an example. No, it wasn't. There was no Chinese wow running, bro. What the fuck? Oh my God.
Starting point is 00:30:42 Are you serious, bro? Are you being serious right now? There's no wow Chinese being done. There are tons of games in China that have shamelessly and obviously ripped off World of Warcraft. They actively use Warcraft models. They use the NPCs that are shifted maybe 5%. And sometimes not even that.
Starting point is 00:31:03 They're being sold. And it's not called World of Warcraft. It's called World of War or some other variant of that. Terrace Land is another good example of this. There are tons of games that come out in China that are made to mirror other games and other markets that they then try to do at a much lower rate. And this is not something that's just with video games. Like, I don't know.
Starting point is 00:31:26 I think that really you should go and look this up and decide it for yourself. Most copy, you have to have an exact private server of wow. A shameless copy, sure. They're not, okay. So, okay, so it's a shameless copy, right. Okay, so. Okay, so now we've arrived at the same. Yes.
Starting point is 00:31:44 Okay, so, okay, well, they do copy it. All right. there we go. Multiple high-profile cases. And so this is another good example. I don't know really a lot about this. 2018 indictment of state-owned company Fuzon Juaf for stealing trade secrets from the U.S. semiconductor firm. Similarly, who I has faced allegations of IP theft from American companies like T-Mobile and Cisco. Yeah, I mean, how many examples do you need? Marvel rivals is a good example. I don't think Marvel rivals is a good example personally, but yeah, there's no
Starting point is 00:32:20 Copying. They're not copying. They're shameless copies. Yeah, exactly. They didn't steal it. They just copied it. It has vowed to fight to the end in this trade war. But the real tariff rate is even higher because this 104% is on top of the 20% already in place from Trump's first term. That means the average tariff on Chinese goods is now close to 125%. One man in China posted a video calling on the Chinese people and the government to stay clear-headed. With tariffs going up like this, he advised that. shouldn't go head to head. See, this is another thing is that I think a lot of people in China, like this is, again, this is something like I have observed, but I'm not really an expert in.
Starting point is 00:33:01 I've never been to China. A lot of the people in China, I feel like, and the way that I've observed, especially over the last 20 years, have been tremendously enjoying the benefits of a, like some degree of capitalism. Like the quality of life has gone massively. The amount of technology in that country has gone up incredibly. And so these people have tasted what it's like to live the good life. I think if China tries to take that away from them, they're going to lose their fucking minds. I would be fucking furious. With the U.S. Otherwise, they'd be gambling with people's livelihoods. These past couple days, I've had enough. Stop talking about it.
Starting point is 00:33:55 about fighting the U.S. over tariffs like it's some action movie. Acting tough is a dead end. Making money is what actually matters. The U.S. has... There's going to be more and more people that think that. Yep. 350 million people and takes up a third of global
Starting point is 00:34:13 consumer orders. Think about that. So, the U.S. is a third of all global consumer orders? Holy fuck. That's a lot. That's an assload. Out of every three spent around the world, one comes from the U.S.
Starting point is 00:34:36 The EU has 450 million people, but their purchasing power is nowhere close to America. The reason why is because America's the best. Europe's okay, but we all know. Everybody knows this. By the way, I always find this to be very funny because almost everybody, a lot of people from America are from Europe,
Starting point is 00:35:02 but, you know, so I just ignore that 1.4 billion people in China working ourselves to the bone but our spending power is only about one fifth of America This is another component too that I think is also
Starting point is 00:35:15 Like and this is again Like I don't know this first hand I'm just looking at the second hand Is that the Chinese work culture Is like Fucking brutal It's absolutely fucking brutal And because of that
Starting point is 00:35:31 I think you're saying I'm going to move this up So you guys can read this up titles. Because the numbers don't lie, cursing the U.S. For being a bully doesn't put food on the table, the U.S. dollar is still the passport to the global market. That's right. Everyone's shouting about how we don't need the American market. Wake up. The American market is valuable. Numbers speak louder than slogans. Instead of shouting about resistance, we should be thinking
Starting point is 00:35:53 about how to make money within the existing rules. When your wallet is full of U.S. dollars, then you can talk about upgrading industries or ditching the dollar. Until then, it's all just just talk. Lower your head, make money. It's not shameful. Betting ordinary people's lives on pride, that's the real stupidity. A business owner. I think there's a lot of people that are going to feel that way. And I think that the longer the tariffs keep up, the more people are going to feel that way. I think also the internet gives, I feel like the internet is a massive ability. Like, obviously, my understanding is like China, like, it's against the law to use a VPN.
Starting point is 00:36:31 but it's against the law to use VPN in the same way that it's against the law to smoke weed here where it's like it's against the law, everybody does it anyway. A lot of these people are on the internet. They're on Western internet. They're seeing what everybody else is seeing. In Tangshan, Hebei tried to fight back
Starting point is 00:36:50 using what you'd call mental victory tactics. He put up a big sign on the screen in his shop. It said, starting today, we will charge American customers an extra 104% service fee. If you don't understand, please contact the U.S. Embassy. A netizen hit him with a perfect response. Dude, do you even have any American customers? And the boss said, nope.
Starting point is 00:37:12 So they're just trying to put on. They trying to put on. And I get it, right? You're trying to put on? You're not trying to look like a bitch? Absolutely. I totally understand. So how is that retaliation?
Starting point is 00:37:30 On the evening of April 8th, U.S. time, after announcing a 104% tariff on Chinese imports, Trump attended the National Republican Congressional Committee's president's dinner and accused the Chinese Communist Party of manipulating currency to offset the impact of tariffs. So they've been talking about this forever. West China trade war intensifies Beijing let the yuan fall to a historic low of 7.4 against the dollar on April 8th, something it hadn't done in 19 months.
Starting point is 00:38:00 This was the lowest. Again, I want to remind you guys that constantly sitting in my chat and just saying, you're wrong, you're wrong, you're wrong, you're wrong. If you want to add something to the conversation, do it. But that's not adding anything. You're just wasting space. Rates in September 2020. For a long time, investors considered 7.2 to be a soft bottom line that China would not let the currency fall below. According to the financial times, China's central bank set the exchange rate right at 7.2 the following two.
Starting point is 00:38:38 Tuesday, basically signaling that they're willing to let the UN drop further in order to cushion the blow from U.S. tariffs. Wen Lu Chong posted on Facebook that Trump has made his position very clear. If the Chinese government doesn't back down, he won't just refuse to negotiate. He'll double down. This isn't a negotiation. No, he's going to do that again. He's going to keep doing it over and over and over. Like, I, the thing is, and also, I think a lot of people in the U.S. support him for doing this.
Starting point is 00:39:08 I and now I think that Trump needs to do this is something that I think Trump needs to do a better job at Trump needs to do a better job at communicating what he feels are the unfair trade practices of China in a way that is concise and easy to understand because like it's a messaging problem and like this is the same type of messaging problem the government had with COVID but like this it's different but it's the same right where it's like Like, yeah, COVID is like this big issue and we want people to do this stuff. But if you're not able to like explain it in a way that the public understands and can respect, then you're going to get a lot of resentment and distrust. It's an ultimatum. In reality, it's more like a declaration of economic war.
Starting point is 00:39:59 One said that if China backs down now, it could trigger a wave of nationalism at home and seriously challenge Xi Jinping's legitimacy. Of course. Yeah, everybody thinks like, again, these big totalitarian governments are houses of cards. And I think that people usually don't even realize it until after it's over. Chinese government is probably trying to figure out how much of a hit they can take from these 100% tariffs and whether they can use domestic consumption or third party markets to make up for the export losses. As long as things hold up inside China, they might just keep pushing through. On April 4th, Trump announced reciprocal tariffs on countries around the world. While roughly 70 countries rushed to negotiate and avoid damage to their own people, the Chinese...
Starting point is 00:40:45 This is the reason why. And this is going to be, again, this is the main reason why Trump can double down on China is because everybody else roached out. It's like if you have to deal with like over 70 other countries and China, it's a lot harder. Like, you think about like militarily, you know, like Hitler and Napoleon. two people lost wars by trying to fight on multiple fronts. If you go through history, how many empires, how many wars, how many groups of people end up losing wars because they're fighting on multiple fronts?
Starting point is 00:41:25 His government chose to retaliate with a 34% tariff on U.S. goods. But Trump didn't do that? No, he didn't. He did not. Because the other countries are coming to the table and they want to negotiate a deal, which means that the tariffs on them at least won't happen for another three months. So he has a three-month runway to be as aggressive as possible with the tariffs towards China, to hopefully push them to come to the table. And that's assuming that the trade deals and everything with those other 70 countries don't turn out in a good way.
Starting point is 00:42:09 And vowed to fight the U.S. to the end. On April 7th, Trump warned that if China doesn't roll back these retaliatory tariffs, He'd slap another 50% tariff on top of what was already announced by April 9th. That would be a record high. And China didn't back down. On April 7th, the Chinese state media People's Daily published an article titled, The Sky Won't Fall, saying that U.S. tariffs won't crush China's economy, and that China has the confidence and ability to handle external shocks.
Starting point is 00:42:37 The article kept repeating, The Sky Won't Fall. But the stock market... Just keep saying it. Guys, guys, it's fine. Guys, look, everything's okay. Don't worry. Didn't agree. Chinese A shares plummeted after the announcement,
Starting point is 00:42:59 like the sky was really falling. Right before Trump announced the additional 50% tariffs, a we-chat public account with ties to the Chinese government called Niu Chan Ching, published a piece on April 8th saying China was ready to hit back with at least six major countermeasures. One, massively increasing tariffs on American soybeans, soar gum, and other agricultural goods. China views this as a response to U.S. bullying. Two, banning American poultry imports. Due to frequent bird flu outbreaks in the U.S., some in China are urging a total ban to protect public health.
Starting point is 00:43:32 Three, suspending fentanyl cooperation. The article claimed that the U.S. has ignored China's humanitarian efforts and instead smeared and blamed China. So the foundation for cooperation on fentanyl has been badly damaged. So wait a minute. The logic is that the U.S. thinks that China is letting fentanyl come. into the country. So the solution is for China to just let fentanyl come into the country? Like, I don't know, guys. 4. Countermeasures in service trade. This includes restricting American companies from participating
Starting point is 00:44:12 in government procurement and legal consulting in China. Since the U.S. has a big surplus in service exports to China, this would directly hurt U.S. interests. 5. Banning American movies. Sources. China is considered... This is the worst one. There's a lot of people in China that like watching American movies. So you're going to punish everybody in the country.
Starting point is 00:44:42 They're not able to watch the Avengers because of some bullshit trade war. They're going to be pissed. Look at what happened whenever we tried to ban TikTok. How many kids lost their fucking mind? Yeah, now they won't be able to watch. Watch the new snow white.
Starting point is 00:45:07 During reducing or outright banning U.S. film imports in response to the rising tariff threats. Six, investigating intellectual property profits made by U.S. companies in China. Chinese authorities might launch investigations into the large profits American firms make off their IP in China. But the man we met earlier had something else to say. Uh-oh. You try selling to Southeast Asia and you're getting paid in Indonesian rupee. You sell in Southeast Asia. South America, you're getting pesos. In a blink, currency exchange rates, eat up your profits.
Starting point is 00:45:40 But when you sell to the U.S. you're getting U.S. dollars, money you can spend anywhere in the world. That's right. Look at the Russia-Ukraine war. No matter how bad that got, the U.S. dollar still sits on top as the king of global currencies. That's just the reality. If you walk away from the dollar system, you're basically giving up your ticket to participate in global trade. Oh, man. Yeah. Is this guy in prison? Yeah, I feel bad watching this video, bro. This guy's good, yeah, we're roaching them out. People talk about shifting to Africa or Latin America, but come on.
Starting point is 00:46:16 Our brothers in Africa don't... That's the thing, is that they can't ship to these other... The reason why is, like, America is, like, comparatively small in terms of population. But you can't just go ship... Our brothers in Africa don't even have steady electricity. How are they supposed to buy your appliances? They don't have the fucking money. They can't buy it in the first place.
Starting point is 00:46:50 Discord are you taking a share. And now mass vouchers? Yeah, I know. I've seen that before. Even have steady electricity. How are they supposed to buy your appliances? Only the U.S. has 300 million middle class consumers ready to pay cash. No games. No credit delays.
Starting point is 00:47:08 Even with the sanctions these past couple of years, it's still the cleanest, most straightforward market in the world. Compared to all the places where you have to bribe or beg just to do business, the U.S. is like a commercial paradise. See, that's another thing, too, is that, like, I mean, I don't really know about this that much, but I've heard that in a lot of other places in the world, not everything's above the board.
Starting point is 00:47:31 And I bet we probably do a little bit of that, too. We probably have a little bit of shenanigans going on. But over there, it seems a lot worse. Thing you have to remember, capital is 10,000 times smarter than you. The two days, I'm really hard to come up to. The reality is if you're cut off from the U.S. The world's main consumption engine, your products won't even have the chance to lose money just for exposure.
Starting point is 00:47:54 Relying on Russia or Iran, those countries are barely staying afloat by selling off their own resources. It's... Man. Yeah, they think they're just going to go sell it to fucking Russia. Yeah, exactly. What are they going to buy it with? USA double points? Yeah, this is the thing.
Starting point is 00:48:13 We have the leverage? Yeah, of course. Absolutely, we have the leverage. The thing is that if you're in a position to leverage and work in your own best interest, you always should do that. Easy to bash U.S. hegemony, but hard to face reality. In the global industrial chain, whoever has the buying power is king. The U.S. holds just 5% of the world's population but drives a third of global consumption.
Starting point is 00:48:42 That is absolute market dominance. And also like another component there that's like a, this is like a second order effect. of that discrepancy is that if you only have to market to 5% of the population, but you hit a third of the market, think about how much cheaper marketing and advertising costs are at that rate. It's like basically like you're taking a shot and like, you know, there's a flock of birds. And if there's one bird, well, it's hard to hit one bird. But if there's 10 birds, maybe you might hit another one. Yeah, just give a hand. Yeah. And again, this is like the second order effects and like how this stuff.
Starting point is 00:49:22 becomes multiplicatively more expensive. Yeah, 3x multiplier, exactly. April 8th, veteran U.S. based journalist Wang Fei posted on X. What's the CCP going to do now? If they drop the tariffs, what happens to their pride? And for the CCP, pride equals the authority of their rule. Lose that, and regime instability follows.
Starting point is 00:49:45 But if they... I don't think people are going to be having a whole lot of pride if they can't afford the shit that they used to have. You talk a lot about pride, but the most... moment that you can't afford movies, you can't afford games, you can't live the capitalist lifestyle that they've enjoyed. I think that pride goes away. It's pretty fucking fast, too. They have no choice, yeah. Don't drop the tariffs. U.S. China... Keep in mind also, pride is one of the seven deadly
Starting point is 00:50:16 sins. It's not good, it's not a good thing to have that. Trade grinds to a halt, and the Chinese economy plunges into negative growth overnight. Again, regime instability. This is what you call, lose your head if you go forward, lose your head if you turn back. Dong Jie Lin, a scholar of China's tech industrial policy, and former columnist for Wall Street Journal's Chinese edition, also weighed in on X. He said, what started as a global trade war led by the U.S. has now quickly turned into a U.S.-China trade war. According to Dong, the consequences for China could include one,
Starting point is 00:50:50 China's message... Yeah, Trump shifting it to just being a war against China directly with trade. Like, I... I would say that this is pretty much the best possible outcome for him. Like, I don't know what you guys think about it. But in terms of, like, a spectrum, this is pretty much the best possible outcome. Because he's gotten a bunch of other smaller countries to come to the table and give deals that are even more advantageous. to us and also he's using that as leverage to double down on the people that are the least
Starting point is 00:51:26 advantageous. Trade surplus of over one trillion U.S. dollars, no matter which countries it comes from, is mostly tied directly or indirectly to the U.S. That surplus will basically be wiped out. Two, China's current industrial overcapacity needs to be cut in half. When that bubble bursts, the impact could be just as devastating as the collapse of the real estate sector. Three, massive job losses and serious threats to social stability. So yeah, people start losing their jobs. People aren't going to be able to afford shit and they're going to be really upset. All the international frameworks China has invested in, like the Belt and Road Initiative,
Starting point is 00:52:07 BRICS and the Shanghai Cooperation Organization are filled with partners mostly looking to profit off China. Once the benefits disappear, so will those partners. He Hewbin, former deputy director at the Chinese Academy of Social Sciences Public Policy Research Center, criticized the CCP strategy on social media. He said, these are totally wrong countermeasures. It's like saying, if you dare hit your wife, I'll hit my wife. He added, if the U.S. is hurting itself with higher tariffs, that's its business. But we shouldn't be hurting ourselves too. This is the logic that I think a lot of people are realizing is that if tariffs are actually just you kicking yourself into dick, why is everybody saying if you kick yourself in a dick this hard, we're going to do it even
Starting point is 00:52:49 harder. It seems kind of confusing. U.S. consumption's 15%, not 33%. Why are you spamming that? You spam too many times, your permit? Yep. This is permit. Again, like, we have a pretty, we have a very, very easy policy here. There are, like, I feel like it's very, very, very easy to have these conversations, not have issues, but there's some people that don't get it. And if you don't get it, you just get permanent. Don't give a fuck. Financial scholar Fou Pomp put it another way. Trump's reciprocal tariffs are like a buyer gathering supplies for negotiations. If a supplier flips the table and walks out,
Starting point is 00:53:39 they're just giving up the opportunity to bid, and they'll be kicked out of the supply chain. But Fu's comments appear to have been deleted. Even the European... Somebody got to check up on our boy. Man. Union is stepping in with a warning. EU Commission President Ursula von der Leyen told Beijing on April 8th that the dispute must be resolved through negotiation and warned against any further escalation.
Starting point is 00:54:06 In her call with Chinese Premier Li Chang, they discussed setting up a mechanism to monitor potential trade diversion and ensuring appropriate responses. The EU is particularly concerned that China might start dumping cheap goods originally meant for the U.S. into the European market instead. Li Chang defended China's retaliatory measures and called the U.S. And that's going to cause more problems with them in Europe. And that's going to create like a whole separate issue. They're going to be selling it for way less money. They're going to lose tons of money. Profit.
Starting point is 00:54:35 Yeah, that's going to fuck up EU. That's going to turn. And again, think about again, the second order effect of that. Then that's going to make Europe upset at China. Now China is antagonizing and fighting a war on two fronts. where it's not just against America, now it's also against Europe. You see how this happens?
Starting point is 00:54:59 tariffs, a form of economic bullying. So are U.S. tariffs a form of bullying? Yep. Yep. Absolutely. Now, I would say also, I mean, again, I think that they've had like unfair trade practices in a lot of cases. So it's like we're bullying them with the terrorists, but I think that they were bullying us
Starting point is 00:55:22 with the way that they like, you know, oh, you have to be connected to, you know, a Chinese company, and Chinese companies have to be connected with the Chinese government, and you have to give away your source code for things that you sell here. Like all this kind of stuff, yes, stealing the IP, exactly. So, like, it's really one wrong turn deserves another. The White House's official ex account emphasized that the U.S. is open to negotiate with countries willing to engage fairly,
Starting point is 00:55:49 but will not back down from those who have exploited the country in the past and now seek revenge. Business professors Shietia at the University of South Carolina explained that Trump isn't against international trade. Tariffs are just a tool to stop the U.S. from being taken advantage of. He said many countries understand that they've benefited disproportionately from trading with America. So now the smart move is to negotiate and lower tariffs.
Starting point is 00:56:12 That way, they might profit less, but they'll still keep access to the U.S. market. This trade war, Shia said, is aimed squarely at the Chinese Communist Party to wipe out its massive annual trade surplus with the U.S. Currently, China runs a global trade surplus of about $1 trillion, while the U.S. carries a global trade surplus up to $1.2 trillion. U.S. dollars. That's a lot. And do keep in mind, an eye for an eye leaves the world blind. That's true. But at the same time, whenever you're negotiating with people that are aggressive, sometimes it's important to make sure that they know if you take out my one eye, I'm willing to take out everybody. else's too. And I think that that type of destructive negotiating, it might sound dangerous,
Starting point is 00:57:02 but it's really fucking effective. Because people are like some people can't afford to lose that. Bulk of that global trade surplus ends up in China, directly or indirectly. Commentator, Gucheng argued that Trump's tariffs aren't just about fixing the trade imbalance. They're about restoring America's industrial dominance, which the U.S. held in the World War II era, but gradually lost due to decades of appeasement policies toward China. He said that dominance was hollowed out by the CCP through unfair competition and industrial espionage. But Gou added... This is the same shit, right, about how they're stealing people's stuff and resell it, exactly?
Starting point is 00:57:45 Even though China has grown into a manufacturing powerhouse through these unfair methods, the CCP's authoritarian system and state-led economic model are fundamentally unsustainable. Now, with U.S. tariffs pressing down, the regime is caught in a prisoner's dilemma. Trump's tariff war is more than just a trade dispute. It's an economic hot war that can shape the future of both countries. As tensions rise, the U.S. and China are headed for a hard decoupling in both the economic and tech sectors. In the end, it will come down to public opinion, national morale, and which political system prove stronger. It was, in fact, American business tycoons and tech elites, who over the past few decades, poured massive investments into China, helping the Chinese Communist Party grow stronger,
Starting point is 00:58:30 only now to turn around and see it bite the very hand that fed them. Commentator Gucheng remarked, the pain we're now seeing isn't caused by Trump's tariffs. It's the inevitable cost of recovery for an American economy that's been deeply infiltrated by the CCP. People think that the CCP has a lot of control in the U.S. government in general. Why does so many people think it's on the U.S. to lay down and take it at the backside on behalf of EU or China? The reason why, it's actually really simple. It's because the people that are saying that hate the United States. There's a huge contingency of people that live here in the U.S. that hate their own country.
Starting point is 00:59:12 That's it. And like, you know, from my mindset, this is what I think. I mean, I really, you know, there's a few of these countries that, like, I really am envious of them, right? Like China. You know, another one is Brazil. Spain. Like, these people love their fucking country. Like El Salvador now. Like,
Starting point is 00:59:33 they love their fucking country. They're so fucking supportive, right? And, man, I wish we had that. I do. But again, if you want to tell if a protest is in America or not, if there's a bunch of different random flags, it's probably in America.
Starting point is 00:59:50 If it's in another country, then it's probably a bunch of flags from that country. You're wrong about Spain? Really? Okay. Well, then Maybe I got the wrong impression, but I sure feel like that seeing the way that they support their creators online. ...out is painful, but necessary. China's nearly one trillion-dollar trade surplus in 2024 is almost entirely linked to the U.S., either directly or indirectly. Now, Trump's tariff hammer has blocked that channel.
Starting point is 01:00:21 For an economy so reliant on exports, this spells economic collapse for the CCP. Gu asked, with the economy in this shape, taking on Trump's tariffs head on, Where exactly is Xi Jinping getting his courage from? Maybe it's the spirit of the Korean War revival, another battle of Chosian reservoir in the making, but this time fought on the economic front in the 21st century. And the cannon fodder? Millions of struggling Chinese, small business, and the unemployed,
Starting point is 01:00:49 soon to become the frozen corpses of Xi's new era trade war. Yeah, this is probably not going to last. As I said, I mean, these people are used to having smartphones. Like, we just saw, you know, speed and China. I mean, China is looking amazing. They've got incredible places there. Do you think these people want to go back to how it was? Fuck, no, they don't want to go back to how it was. Absolutely fucking not. So how is the CCP actually trying to communicate with the U.S.? According to a Wall Street Journal article by Ling Ling Wei, early in Trump's second term, Beijing made multiple attempts to establish communication channels with Washington. But they got nowhere. Now, with Trump announcing a 34% tariff on Chinese goods, Beijing, is reported... 34? I don't know about that.
Starting point is 01:01:36 ...ridly in shock. Yeah. The door to dialogue has slammed shut, replaced by anger and helplessness. The article notes that Xi Jinping's team, which had once swaggered in talks with the Biden administration, has lost all its confidence. Even though Trump has said he's open to reaching a deal, China's diplomatic efforts, whether through foreign minister Wang Yi at the United Nations or Commerce Minister Wang Wei Tao's letters have all been met with silence.
Starting point is 01:02:01 She's team has been shut out again. again and again by the Trump camp. Even Wall Street has stopped acting as the go-between. Chinese ambassador to the U.S. Shia Feng tried to reach out to Trump advisor Elon Musk, but got nowhere. The back channels that used to work... Should have played POE. Have almost entirely dried up.
Starting point is 01:02:20 Wei reports that one reason for this breakdown was a preliminary... I'm just imagining... Elon streaming POE and one of these guys DMing them, Hey, it's me from the Chinese embassy. Can you please fucking respond? We're trying to call and contact you, but there's no way to talk to you. Please respond. We're trying to fix the trade deficit. A primary phone call in late January between Wang Yi and U.S. Secretary of State Marco Rubio. Rubio, a longtime China Hawk and one of the officials sanctioned by Beijing, was reportedly told by Wang to watch yourself. A source familiar with the situation said, Wong brought that on himself. That's one person. reason he's now shut out from any meetings. At this point, the window for any form of dialogue between
Starting point is 01:03:09 the two countries is rapidly closing. There's not, no, no, they're going to figure it out. Like, I think this is really what's going to happen, is that you're probably going to have a few more days of brinkmanship, and then maybe a bit of a, like, kind of stalemate, then they'll probably resolve it. That's what I think is probably going to happen. I think China will fold too. And I think that they will, I think Trump will be willing to take a couple of concessions so China can feel like they're not losing face. But ultimately, we will be in a more advantageous position. I feel like that's probably what's going to happen.
Starting point is 01:03:57 Because again, like if I was, if I was Trump, that's what I would do. And I feel like that's a smart thing to do. China's pride is a big factor. I know. And he's going to have to let China get a couple of wins. And it would be better for everybody if they do. It would create a lot of lingering animosity if he doesn't. I think that it would not be surprising if Trump let them have a couple of wins. It's okay. That way you can lose with a degree of dignity. You can move back. We can resolve things. And things are better for us. They're better for you. And everything's fine. I doubt that. I don't. Don't. That's the pragmatic, effective way of doing it. Why? Because it would work, I think. We want to humiliate the CCP. I don't think that you'll need to. Yeah, I don't think that you collapse to CCP. Trump will, uh, Trump is going going all the way. You think Trump is going to try to collapse the CCP? Um, I don't think he's going to try to do that. Yeah, I don't think so. It's too risky. And, I just I don't think he's going to do that. And I think also it depends on like calibration.
Starting point is 01:05:24 Like if Trump can calibrate the current government to work in a in his best interest, then why would he want to change the current government? You see what I'm saying? Like it's not really. And also again, like if he was a if this is if he was a first term president and it looked like he was going to for sure already win his second term, then I think maybe that would happen. But Trump knows that he's on a timeline. And obviously, you know, after four years, realistically, he's probably going to be out of office.
Starting point is 01:05:57 And so that probably, like, that would be another Cold War. And I don't think that he's going to collapse to CCP overnight. This is something that would probably take 10 years, if not longer. Trump can't collapse the CCP. I think, no, I think the U.S. could. I think the U.S. could if we, if we treated them the same way that we did with Russia, And if we were able to consolidate trading partners with Europe, yeah, absolutely, they could negatively affect China. Absolutely.
Starting point is 01:06:29 Like Iran? Well, maybe. Yeah, we'll see what happens. Your coolest, bro? Okay. I mean, I just want to say that, by the way, people say that I'm wrong about this. Everything I've said about this so far I've been right about. So we'll see.
Starting point is 01:06:49 We'll see. I don't like trying to prove it to people. I'm just going to say wait and see. Let's just wait and see. And then I get to get another one of the clips where, you know... As for how this tariff war ends, we'll have to wait and see. But judging from how the CCP now appears like a headless chicken, flailing and unable to respond to Trump's aggressive tactics,
Starting point is 01:07:14 and how Trump has warned that he'll terminate all discussions that take place and Trump's warnings, the writing seems to be on the wall. The CCP is headed toward total defeat. Yeah, I think that again, there are people are going to be fucking furious about this. And so, yeah, I didn't realize this is the way that people over there felt. I mean, obviously, you know, this is going to be like one viewpoint. But, yeah, it seems a bit much. Well, I don't know.
Starting point is 01:07:42 Surely total defeat. I mean, I don't think that you need to have like a complete binary win. It's propaganda channel. I mean, we'll have to see what happens, right? Yeah, I don't know. and a 10 observer news and analysis and uh kind of often with a critical perspective towards CCP i i think that really i mean if you're taking a critical perspective against a totalitarian government that doesn't mean that you're biased that means that you're not biased
Starting point is 01:08:09 like that's what i think i mean i find it to be kind of ironic that like it's people like oh well this is uh that they're you know wow well they're being critical towards the ccp their bias. Yeah, there it is. And how do you defeat the CCP when it's basically a dictatorship? Any ideas? I think that you don't have to beat people. All you have to do is create a situation
Starting point is 01:08:33 where people end up beating themselves. If you create an economic situation, it's bad enough for the people that are there. You're going to create unrest and turmoil that will destabilize them, and you won't have to do anything. That's what would happen. obviously.
Starting point is 01:08:53 Again, like, I think that's what makes sense, right? I mean, like, obviously that's what's going to happen. Let me go back over and I'll look at a few more of these here too, because, yeah, this has been, it's been pretty crazy with, like, all this that's happened. And, sure, what about North Korea? Well, North Korea is being, I think North Korea is awful, right? I mean, isn't their quality of life terrible? Yeah.
Starting point is 01:09:22 I wouldn't be surprised if, like, I would not be surprised if you had like a massive North Korean revolution that happened at any time. Like, I wouldn't be shocked if in like a week or a month from now, they just finally revolted. They can't. They can't until it happens. You'd be surprised. It's not realistic. Okay.
Starting point is 01:09:48 All right. And they'll revolt copium. So a lot of you guys are thinking about it from the dichotomy of North Korean, like the poor people revolting. I don't think that's what would happen. I think it would be people in the military that would revolt against the other people in the military and the current leadership. That would be like usually revolutions are not led from the poor people against the rich people. Usually it's led from a group of rich people against another. group of rich people.
Starting point is 01:10:24 That's almost always what happens. You have to flee of South Korea? Yeah, exactly. And so that would be hard. I don't really think so. I swear those revolts get the children taken away and take it out for that. It would have to be military heads. The poor have no influence or power at all.
Starting point is 01:10:43 Yeah, I know. China would come and stop it. It depends on what happens, right? It kind of already happened with the amount of military defections. Starving to death is hard too. Yeah, but like if like the people there don't really have, like, they don't have weapons, they can't really fight back or doing anything like that. Yeah, they do overall in numbers.
Starting point is 01:11:04 I agree with you on everything, but they aren't doing that. It's impossible. They don't know an outside world at all. Yeah, but the people that are in the leadership of the military do, and if there's enough talk of fighting back and doing something like that, they could easily, I think that it's very easy to just simply bomb an area, right? I mean, if they just go and they shoot somebody or a couple of people, then that basically is it, especially if they shoot the main guy.
Starting point is 01:11:28 Like, everybody thinks this is impossible to happen. It could absolutely happen. Like, really? Like, it could absolutely fucking happen. And it's crazy to think that it can't. You doubt it? Yeah, it's unlikely. But I'm saying that, like, yeah, how do people revolt before the internet, of course?
Starting point is 01:11:49 Yeah, of course. And all military people are picked by Z and constantly purged, like, monthly for the past hundred years they have been. Well, I think then that kind of, like, that strengthens my argument again about, them saying like if north korea the only reason why north korea is able to exist in the state that it is is because it's being propped up by a larger company or country like china then if china doesn't have that opportunity then wouldn't they be in a very bad position because they don't have the advantage that north korea does in the same way so yeah no i i don't think that really makes the same sense

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