The Daily Show: Ears Edition - Police Terrorize a Family in Phoenix & George Stephanopoulos Interviews Trump | Christine Lagarde

Episode Date: June 18, 2019

Phoenix cops spark outrage for threatening a family, George Stephanopoulos interviews President Trump, and Trevor talks to the managing director of the IMF, Christine Lagarde.  Learn more about your... ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

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Starting point is 00:00:57 The smartest way to hire. Hey everybody, John Stewart here. I am here. to to to to to to to to to to to to to to to to to to to to to to to to to to to to the the th. I the th. th. I am. the th. th. I am. the thiiii. th. th. thi. thoing. th. th. th. th. th. th. th. th. th. th. th. th, th, th, th, th, th, th. th. th. th. th. th. th. th. th. th. th. th. the th. the the the the the the the the the the the the th. the th. thi. the thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi...., John Stewart here. I am here to tell you about my new podcast, The Weekly Show, coming out every Thursday. We're going to be talking about the election, earnings calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. I know you have a lot of options as far as podcasts go, but how many of them come out on Thursday? Listen to the weekly show with John Stewart, wherever you get your podcast. June 17, 2019.
Starting point is 00:01:35 From Comedy Central's World News headquarters in New York, this is the Daily Show with Trevor Noah, Ears Edition. Welcome to the Daily Show, thank you so much for tuning in. Thank you for coming out. Welcome to the Daily Show, everybody. Thank you so much for tuning in. Thank you for coming out. Welcome to it. Let's do it. I'm Trevor Noah.
Starting point is 00:02:07 Our guest tonight is the managing director of the International Monetary Fund, aka the IMF. And yes, that is as important as it sounds. Christine Lagarde is joining us everybody. Also on tonight's show, OJ Simpson is back. Donald Trump gives us a special tour of the White House and we find out how many of America's presidents were secretly gay. So let's catch up on today's headlines. Let's kick it off with O.J. Simpson. The notorious memorabilia thief and officially no other kind of criminal. Over the weekend a lot of people who opened up Twitter got a big surprisethe weekend, a lot of people who opened up Twitter
Starting point is 00:02:45 got a big surprise. There is a lot of reaction to one of the newest members of Twitter. OJ Simpson joining the social media site for the first time, just days after the 25th anniversary of the murders of his ex-wife Nicole Brown Simpson and Ron Goldman. Hey Twitter world, this is yours, truly. Simpson, wasting littletime to address rumors that have become tabloid fodder over the years. On Sunday, he posted a video denying he ever had an affair with Chris Jenner, saying Chloe
Starting point is 00:03:11 Kardashian is not his daughter. Never in any way shape of form to have I ever had any interest in Chris. Simpson saying he'll use his new platform in a variety of ways. I got a little getting even to do. Whoa. I got a little getting even to do. If you're O.J. Simpson, there are some phrases that you should never use. I got a little getting even to do? No.
Starting point is 00:03:37 Have you seen my gloves? No. And the worst one, pass me the knife. No, OJ. You cut your steak with a fork, my friend. I can't believe that OJ Simpson is on Twitter. Imagine getting a push notification saying OJ Simpson is now following you. That's the scariest phrase in the English language. He should have joined Snapchat, at least they destroy the evidence for you.
Starting point is 00:04:01 But apparently, the reason OJ joined Twitter is because he wants to respond to rumors about him, like how he and Chris Jenner allegedly had an affair. And of course, OJ says it's not true. But knowing him, he'll deny it now, but in a year he'll put out a book called, If I hit it, moving on to some international news. South American countries have a history of power struggles, but last weekend they took it to a whole new level. In South America, a massive power failure left tens of millions of people without electricity today in Argentina, Uruguay and Paraguay.
Starting point is 00:04:33 The power grids of those countries are all connected, and the blackout affected everything from subways and traffic lights to water distribution. By late afternoon, power had been partially restored, the cause has not yet been found. Okay, this is really weird. Three countries in South America all lost power at the exact same time. And I know what some of you are thinking, like, Trevor, isn't that normal in those countries? Well, yes. But not like this, not all at once.
Starting point is 00:05:01 It's like when you see one or two spiders in your room, you're like, OK, whatever. But then if you walk into your room and it's waist deep with spiders, some shit has gone down. Now, there is speculation that the outage could have been a cyber attack. And a lot of experts think that this could be the future of war, where countries are just going to America is attacking Russia's power grid. So what if this was Russia trying to get revenge, but they just hit the wrong switch? Huh?
Starting point is 00:05:30 Yeah, Vlad was like, I'm flipping switch, but nothing is happening. It's like, no, Vlad, that is wrong America. You're switching off south. Okay, how about this one? No, that's garbage disposal. By the way, have you ever noticed how like your attitude about a power outage dramatically changes the longer it goes on, right? If there's power that's out for 30 minutes, you're like, oh, this is going to be romantic, let's light some candles. But after six hours, you're like, all right, I'm going to ambush the neighbor and
Starting point is 00:05:57 steal his gun, baby, you strangle his grandmother. And finally, some news from the Democratic primary. Pete Budergech, Democratic candidates, Mayov's South Bend, and real-life boss baby. Over the weekend, he did an interview with Axios on HBO, and one thing he said took the reporter a little by surprise. If you were to win the nomination, they'll say you're too young, too gay to be commander-in-chief. You are young, you are liberal, you are gay, how will you respond?
Starting point is 00:06:28 People will elect the person who will make the best president. And we have had excellent presidents who have been young. We have had excellent presidents who have been liberal. I would imagine we've probably had excellent presidents who were gay, we just didn't know which ones. You believe that we've had a gay commander-in-chief? I mean, statistically, it's almost certain. And like in your reading of history, do you believe you know who they were? My gator doesn't even work that well in the present,
Starting point is 00:06:53 let alone retroactively. Oh, man. Oh, man. Oh, man. That was such a great response. I love all the journalist was like, I'm go, I'm, I'm, I'm, I'm, I'm, I'm, go, I'm, I'm, go, go, go,
Starting point is 00:07:08 it's so funny that the journalist thinks because Budajejjj is gay, he automatically knows who else is gay. Like, gay people can even recognize each other Oh my god, you're from Africa. Do you know Mufasa? I'm like, no, you idiot. We went to different high schools, come on. Also, Budajezz is a better man than me. Because you realize he could have said any president is gay, and that guy would have believed him. Yeah, he could have been like, well,
Starting point is 00:07:34 Thomas Jefferson was gay. their totally no way to know for certain which US presidents were gay, and there's nothing wrong with it, right? But there's no way to know. Although Grover Cleveland does have a cameo in the new Taylor Swift video, so you never know. All right, that's it for the headlines. Let's move on to our top story. Phoenix, Arizona. When people think of Phoenix, what do they think of?
Starting point is 00:08:07 No one actually thinks of Phoenix, but if they were forced to, what would they think of? It would probably be the extreme heat or a college you can graduate from in three weeks, or the fact that the city's basketball team has the world's most random mascot. Yeah, seriously, how do you pick a gorilla when you're the Phoenix sons? You could have been a Phoenix or you could have been a son. A gorilla makes no sense. Even gritty makes more sense. Because that's how you look if you spend your whole life
Starting point is 00:08:36 in Philly eating cheese steaks, all right? But the gorilla makes no sense. But Phoenix has also started to become notorious for how bad it's. the police. the police. the police. the police. the police. the police. the police. the police. the police. the police. the police. the police. the police. the police. the police. the police. the the the gorilla makes no sense. But Phoenix has also started to become notorious for how bad its police force is, with the record 44 police shootings last year. Yeah, more than any other large city in America. And now, thanks to cell phone video, we get to see it for ourselves. Growing outrage tonight after an extreme reaction from Phoenix police to a little girl swiping a doll. Cops in Phoenix threaten Aisha Harper, a 24-year-old
Starting point is 00:09:10 pregnant woman with her two young children by her side. The video starts after the family pulls up at their babysitters and are approached by police with guns drawn. Phoenix police officers at times sounded like hit men. Get out the fucking car! Get out the fucking car right now. Get your fucking ass! I'm gonna put a cap in your head. Sweet Jesus. I'm gonna put a cap in your head. That's what the cop said. What happened to protect and serve? Like, I'm sorry, everything about that video is wrong.
Starting point is 00:09:49 Not only is the cop screaming, like the woman is the one pointing a gun at him, but he's talking about busting caps? Like he's a lost member of NWA? There's no excuse for this. Like, there's no excuse. Unless maybe the cop says he arrests people in the way that he thinks that they speak. You know, maybe he's like, hey, you're black man, get your ass on the ground.
Starting point is 00:10:08 And that's for you, USA, you better stop acting like a pendehole. And you, Belgian guy. I don't know how you speak. Waffles, waffles. Waffles. this whole thing worse is that this family wasn't robbing a bank or holding people hostage. You know, this was the cops responding to a call about a four-year-old who took a Barbie doll out of a dollar store without paying for it. Yeah. And like I'm sorry guys, you don't need to show up like the SWAT team to rescue a Barbie from a little girl. If anything, you should be rescuing the little girl from the Barbie. You should be getting there like, little girl, watch out! That Barbie can give you
Starting point is 00:10:47 a warped sense of what a woman's body is supposed to be! Barbie! Barbie, please! Don't do it, Barbie. Think about Ken and your dream house and that new job you just got as a scientist. And as traumatic as this experience was, thankfully, thankfully no one was shot. And, honestly, that, that, that, that, that that, that that, that that, that that, that that, that that, that, that that, that, that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that, that, that that, that that that that that that, that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that that th. That thi, that thi, thi, thi thi thi the the the the the the the the the the the the the the the that that that thi can as this experience was, thankfully, thankfully, no one was shot. And honestly, I don't think it's because of the officers. I think it's because of the well-trained civilians who happened to be on the scene. The woman behind this cell phone video asking to take the kids. Oh, look at these kids. Can I get the kids?
Starting point is 00:11:22 Can I get the babies? Excuse me? Can I get the kids? Even the bystanders, you can hear them saying, calm down to the police. Hey, hey! Whoa, sir, come down! Can someone just like, you know, diffuse the situation here? I'm sorry, guys, but this is ridiculous. How do civilians know how to act like the police?
Starting point is 00:11:43 How? Because, because this guy is next to the cop holding his phone, but instead of panicking, he's trying to calm things down. I mean, he's even using the language cops are supposed to be thinking about. Guys, let's diffuse this situation. That's how you know shit has gone wrong. Because back in the day the guy's holding the phone used to be like, oh man, he's about a bus a cap in his ass, world store, but now the cop sounds like a cap in your ass. And the people's filming the things sound like trained police, you know, all right,
Starting point is 00:12:15 de-escalate the story could get. But what makes it even worse is that if we didn't have these videos, those cops would have been able to paint a very different picture of how this all went down. Major differences emerged in between the police report and the video captured by witnesses. Nowhere in the report does he mention yelling, you're going to get, to, to, to, to, to, to, to, to, to, to, the, the, the, the, the, the, the, to, the, the, the, the, the, thi, the, thi, thi, thi, thi, thi, the the, thi, thi, thi, tho, thi, thi, thi, the, the, the, the, the, and, is, is, is, is, is, is, is, is, is, is, is, is, is, is, is, is, is, is. And, is, is, is. And, is, is, is. And, is, is, is. And, is, is, is, is, is, is.e.e.e, is the the the thi.e.e.e.e.e.e.e.e.e.e.e.e.e.e.e.e.e. And, t t t t t t t t t th th thi.e.e.e.e. And, is w mention yelling, you're going to get effing shot, or I'm going to put an effing cap right in your effing head. In the video, Officer Meyer clearly kicks the leg of the handcuffed father. In the report, though, he writes, I made him spread his feet.
Starting point is 00:12:58 You know what's most troubling about this? Is that it makes you wonder how many people have been arrested and put in jail because everyone assumes the police version of the events is always the truth. Like time and time again, cell phone videos contradict the official reports. Because you saw the video, he kicks his leg. The guy's not doing anything, he kicks his leg.
Starting point is 00:13:30 But in the report he says, I made him spread his feet. Cop's report makes it sound like a peaceful yoga instructor. It's like, and then I moved him into downward-mother-dog. Namaste. And you know what's said about this whole story is that as harrowing as it was, this family is one of the lucky ones because none of them were shot and calm bystanders recorded the entire thing to back them up. And now their lawyer is helping them sue that police department for $10 million. Which, which won't help erase what happened to them, but it will help that little girl by a shitload of those dolls. We'll be right back. Finding great candidates to hire can be like trying to find a needle in a haystack.
Starting point is 00:14:27 You might get a lot of resumes, but not enough candidates with the right skills or experience. But not with Zip Recruiter. Zip Recruiter finds amazing candidates for you fast. And right now you can try it for free. At Zip Recruiter's smart technology identifies top talent for your roles quickly. Immediately after you post your job, Zip Recruiters' powerful matching technology starts showing you qualified people for it, and you can use Zip Recruiter's pre-written invite to apply message to personally reach out to your favorite candidates and encourage them
Starting point is 00:14:58 to apply sooner. Ditch the other hiring sites and let Zip Recruter find what you're looking for, the needle in the haystack. Four out of five employers who post on Zip Recruiter get a quality candidate within the first day. Try it for free at this exclusive web address. Zip Recruiter.com slash zip. Again that's Zip Recruiter.com. Sip Recruiter, the smartest way to hire. John Stewart here. Unbelievably exciting news. My new podcast, The Weekly Show. We're going to be talking about the election, economics, ingredient to bread ratio, on
Starting point is 00:15:31 sandwiches. Listen to the weekly show with John Stewart, wherever you get your podcast. Welcome back to the day to show. You know, one of the things that makes President Trump so unique is the way he interacts with the media. He doesn't give many traditional press conferences, you know, he mostly just shouts at the told us in front of a helicopter, or takes a few questions when he's with a foreign leader, or his favorite just shares policy ideas at the drive-through.
Starting point is 00:15:59 He's like, let me get a burger, no lettuce, no pickles, and no deal with Iran. Like, okay, sir, do you want fries with that? The Iran deal? No, sir, the burger. Okay, because if the Iran deal comes with fries, I would be open to negotiating. But what's also interesting about Donald Trump is sometimes, he'll switch things up, and he'll give one reporter total access to him for an entire day. And the latest example was with ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC ABC to to to to to to to to to to to to to to to to to to to to to to to to to to to to to, to, to to th. too? too? their, their, their, their, their, their, their, their, their, their, their, their, their, their, the, the, the, the, the, the, the, the, the, the, the, the, the, the, th. th. th. th. th. th. th. th. th. th. to, th. to, th. to, to, too. too. too. too. too. too. too. the too. the the the the the the the the to, the to him for an entire day. And the latest example was with ABC's George Stephanopoulos. And one thing we learned from this interview was that Trump may not like intelligence briefings or
Starting point is 00:16:33 cabinet meetings or reading in general, but he loves giving to us. The Oval Office is such a special place. Show us around. Famous desk. Well, that's a very famous desk. It's the resolute desk. You have your choice of seven desks. They have seven desks. They give you pictures of desks. They give you pictures of carpet.
Starting point is 00:16:52 This is the Ronald Reagan carpet. They give you pictures of the drapes. You see the drapes? I think we have 12 sets of drapes we can use. Air Force One. It's gonna look incredible. It's gonna look sleeker. What's the biggest personal touch you've put on the office? I put a lot of them the flags. You didn't have flags to any great degree. It's like the weirdest episode of MTV Cribs. Yeah you know this is my flags, yeah, this is my desk. That is a lot of flags though, right? And it seems innocent, but when you think about what Trump does to flags in public, I don't even want to imagine what he does when they're alone.
Starting point is 00:17:28 Yeah, those flags were probably like, Stephanopoulos, take us with you. Please, Stephanopoulos, please. Trump spent so much time showing George Stephanopoulos around, you'd think that he was looking to sublet the Oval Office. But since he had a member of the fake news media there, he also used the opportunity to hit back at them and they're phony reporting. I watched your show this morning. I watched Good Morning America, and they had something about the polling,
Starting point is 00:17:55 and it's really suppression polling, but in that case it was just made up. And I had the same thing, I mean, they give you their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, tho, their, their, tho, tho, thoome, tho, their, thoom, thoom, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, tho, tho, tho, tho, thin..... too, too, too, too, too, too, too, too, too, tooome. tooome. tooome. tooome. too. too. too. too. too. too. too, too. thing made up. I mean, they give you phony numbers. They give you numbers. They said that they have access to numbers, which I don't believe they have access to. Trump basically treats polls the way some people treat their bathroom scales. You know? Yeah, when you're happy with the number, you're like, yeah,
Starting point is 00:18:16 this is science. I mean, that's what's what you want it to be like this is this shit is going back to bedbath and beyond that's not that's not right that's not right is this pounds or kilograms unfortunately for trumpos though there's one poll that he couldn't blame the media for because it was done by his own campaign the Trump campaign's internal polling shows the president trailing former vice President Joe Biden in critical battleground states, 39 to 55 percent in Pennsylvania, 41 to 51 in Wisconsin, and by seven points in Florida. CBS News has learned the Trump campaign fired several pollsters after those internal polling
Starting point is 00:18:59 numbers were neat. Oh man. So Trump learns that he's behind in the polls and he responds by firing his pollsters, which makes sense to me. It's like how I used to have Ebola, but then I fired my doctor so I don't have Ebola anymore. Yeah. I'm just a regular guy who pees out of his butt. My favorite moment from this interview. My favorite moment was when Trump talked about
Starting point is 00:19:26 releasing his tax returns. Not because I think he'll actually release them at this point, it's more likely that he'll release an album of duets with Hillary Clinton. What made this thing interesting was that while Trump was talking, someone in the background, coughed and just watch what happens after that. They're after my financial statement, the Senate, they'd like to get my financial statement. At some point, I hope they get it. You're going to turn it over?
Starting point is 00:19:47 No, at some point, I might. But at some point, I hope they get it, because it's a fantastic financial statement. It's a fantastic financial statement. And let's do that over. He's coughing in the middle of my answer. Yeah, okay. I don't like that, you know? Your chief of staff. If you get a cough, please leave the room. Can't get a shot of, and I'll come over here. Actually, I'll just get. Just to change the shot.
Starting point is 00:20:11 Sorry. Mr. Trotter. Okay, do you want to do frankly, I'd like to have people see my financial statement. Because it's phenomenal. Yo, are you serious? It's like a real-life episode of the office. He's looking at the camera, the camera's going off. I half expected Dwight to pop up on screen and just shake his head.
Starting point is 00:20:37 But you have to give it to Trump. He might not be a good president, but he is a fantastic television professional. He knows his angles, he's giving them different line readings, he's changing it up. They're coming for my precious tax returns. And I, wait, who's coughing? All right, let me take that again. They're coming for my precious tax returns. All right, that was the one, that was the one. And by the way, I don't think it was a coincidence that his chief of staff just happened to cough
Starting point is 00:21:08 right when Trump was talking about releasing his tax returns. Yeah, that didn't sound like a real cough. It sounded more like a, shut off f-o'-l about your taxes. That's what that was. that was Trump's one-on-one with ABC. And really, this makes it clear why he doesn't do interviews very often. Because in one interview, he contradicted himself on the polls, he flipped out at his coughing staff, and worst of all, he somehow managed to look shorter than George Stephanopoulis.
Starting point is 00:21:40 So I think it's safe to say tomorrow's interview, we'll be back at the drive-through. We'll be right back. Welcome. Welcome back. Welcome back to the Daily Show. My guest tonight is the managing director of the International Monetary Fund. Please welcome Madame Christine Lagarde. Welcome, to the show.
Starting point is 00:22:09 Thank you. It is not often that I sit across people who have access to a trillion dollars. Is this a good time to ask for a loan? Is this when I do it? For those who don't know, what is the job of the IMF? Do you mind a tiny, tiny bit of history? Of course. Okay, we just celebrated the Second World War anniversary to be a the today? their the th, th, th, th, th, th, th, th, th, th, thiiiiiii, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, is thi, is thi, is thi, is thi, is thi, is thi, is thi, is thi, is thi, is thi, is th, is th, is, is th, is, is th, is th, is th, is th, is th, is th, is th, is thi, is thi, is thi, is thi, thi, thi, is thi, thi, thi, thi, thr. thri, thri, thri. thriiiiiiiiiiiiiiiii. thiiiii. Is thii. Is thi. Is thi, is thi, is thi. Is anniversary 75 years ago. We are celebrating our 75th anniversary as well. Oh wow. Because what happened at the time, countries decided that fighting each other, killing each other was probably not the way to go. Because it all started with a bad economic situation.
Starting point is 00:22:55 So they thought, rather than do that, why don't we set up a club, give it a lot of money, and have competent people, number one, to give some loans in case any member the club the club the club to the club to the club the club the club to the club the club the club the club to the club the club the club the club the club the club toe, the club the club the club toe, toe, th. th. toe, toe, the club the club toe, to be, to people, number one, give some economic advice, number two, give some loans in case any member of the club is not doing so well. And number three, ask them to give technical assistance. That's what we do. We try to help countries with better prosperity,
Starting point is 00:23:17 and we try to help with financial stability so that the world is not going in too bad direction. It's interesting that you you you you you you you you you you you you you you you you you you you you you you you you you you you you you you you you you you you you you you that you that you that you that you that you got you got you got you got you got you got you got you got you got you got you got you got you got you got you got you got you got you got th th tho thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi to give to to to to to to to to to to to to to to to to to to to to to to to to to the to the the the the the the world is not going in too bad a direction. It's interesting that you got this job at a time when the world was going in a bad direction because you took over like basically at the peak of the financial crisis and some people have said that's another example of you, I don't know if you've heard of it the glass cliff, you know you have the glass ceiling and they say the glass cliffthen they give the job to a woman. They're like, ah, you can have it now. Yes. You're right. Oh, okay, great. Did it, did it feel like you were stepping into a job where you were destined to fail? Because you've succeeded now, but I mean, at that moment, was it terrifying? It was intimidating, yes. But your point is so right.
Starting point is 00:23:59 Whenever the situation is really bad bad bad bad bad bad bad bad thua bad thua bad situation is really really really really really really really really really really really really really really really the situation is really the situation is really, really bad, you call in the woman. Right. Yeah. And, and the woman did a great job. I mean, you came in. No, you've been lauded as someone who is not just, you know, apt at handling money and understanding the cause of the world, but you've moved the IMF forward. I mean, you know, the IMF was once regarded as an institution that was only dealing with African countries, etc. But recently, the IMF was bailing out Greece. The IMF was helping countries in Europe that have been struggling.
Starting point is 00:24:32 When you look at the challenges the world is facing now, what do you think we need to be looking out for that could lead to the next conflict based on economics that's causing people to just, I guess, flare up in different, I, I, I, I, I, I, I, I, I, I, I, I, I'm, and I'm, I'm, I'm, I'm, and I'm, and I'm, and I'm, and I'm, and I'm, I'm, I'm, I'm, and I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, and I'm, their, thi, thi, thi, thi, the, their, and, their, and, and, and, and, and, the the the the the the the the the the the the the the the the the the the the the their, and, and, and, and, and, and, and, and, their, their, their, their, thi, thi, thr.e, thr.e, thr.e, throwne, throwne, throwne, thrownee, tean, tea, thea.ea, thea, thr.ea, thr different ways. I'll tell you what I think are the two key priorities going forward. Number one is climate change. Number two is rising inequalities. If we could fix those two things, it might significantly improve the position. How do you begin to fix those things? Well, I'll give you an example on climate change. Around the world, you have roughly five trillion dollars that are being spent on
Starting point is 00:25:06 subsidies to burn fossil fuel. This is not a good use of public finance. Instead of that you should put that money in health, in education, in hospitals, in infrastructure. That is a lot of money, yeah. But someone might say to you, yes, but they're giving that money to fossil fuel industries because they need to boost economies. Why do you think, from your experience, it's more important to be investing in social, you know, social grants, social ideas that move people forward, like hospitals, like schools, etc. How does that help in economy?
Starting point is 00:25:38 Well, first of all it helps by reducing the inequalities. If young kids kids kids in the young kids kids in their kids in their kids kids in to to to to to to the inequalities. If young kids in all countries of the world, particularly the low-income countries, can go to school, they will be better off. If women, for instance, can actually, instead of walking miles to get water, as is the case in so many countries, can actually access a road, a highway, and go and fetch water without having to spend all those hours,
Starting point is 00:26:02 if kids are born in hospital where there is appropriate care, then clearly they're going to be better off for the rest of their life. So by doing that, you improve the prosperity of people, not today, maybe not tomorrow, but in five and ten years' time, because that's critically important for the future. You have to have a long-term view in your working with the future of countries and the world. One of the issues you've been vocal about has been the trade disputes happening right now, especially between America and China.
Starting point is 00:26:31 And you actually said to both of the boys leading their countries, they both need to calm down, and they need to work this out. Now, on the American side, I can't speak for their their their their their their their I their I their their their their their I know on the American side, Donald Trump's argument has been they have to impose these trade policies, they have to, they have to block China because American industries are suffering and they have to impose these tariffs. How do you respond to that and and what do you think a possible solution could be for the small business owner slash the industries that are feeling it and the economy and the global economy at large. Well, I'd say two things.
Starting point is 00:27:06 One is, President Trump has a point concerning... Wait, wait, wait, wait, yeah, yeah, yeah, yeah, yeah, because, yeah, no, he has a point on intellectual property. Yes. It is correct that nobody should be stealing intellectual property to go ahead, to move ahead. Right. He has a point on subsidies. You cannot just go about competing with others out there that are being heavily subsidized. So on those two points, you can't either say, well, welcome in my country,
Starting point is 00:27:36 but you're only going to come if you're going to transfer technology, and this is compulsory, you have no option. So on these three points, clearly the game has to change, the rules have to be respected. But where it doesn't work is when you say, I'm going to raise tariffs. Because the impact of raising tariffs is not going to be on China.
Starting point is 00:27:57 The impact is going to be on those companies in the United States that are importing goods from outside the US. And the ultimate the the bear the brunt of those tariff increases are the consumers. And particularly the low-income consumers, those who need to actually buy reasonably cheap products because they can get by with those products. And they are the ones who are going to actually suffer the consequences of tariff increases. So I'm saying to all those involved in trade discussions, you know, we need adults in the room. You need to hear...
Starting point is 00:28:31 You need to hear the economic facts, not focus on one or two numbers, but look at the overall picture, and understand that if you actually do that,two numbers, but look at the overall picture and understand that if you actually do that, you're going to give a little haircut to the global economy. We've calculated that if there is tariff on the entire business between the US and China, at 25% as is threatened or already applied on some, it's going to shave off about half a percentage point of growth. That's the equivalent of removing South Africa from the planet. What?
Starting point is 00:29:11 In terms of size, that's the equivalent of the GDP of South Africa. Why did you choose South Africa? You made it personal. Wow. You are always dealing with such big issues. And I mean, that it is an international monetary fund. One of the main things that you have been a driver of, one of the main issues has been empowering women and not in a charity sense, but in a business sense.
Starting point is 00:29:36 You know, you very famously had the quote where you came out and said, if Lehman Brothers was Lehman Brothers and Sisters, maybe they would have done a little bit better. Yes. Right? Why is it so important for countries to invest in women, beyond the niceness of it all? Yeah. I've given up on the morality and charity side of things. Oh, you have? No, I'll tell you why, not personally. But because it doesn't seem to impress people. Yes. So I said fine, you're not impressed by that. that. that. that. that. that. that. th. th. th. th. th. th. th. th. th. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. th. th. th. th. th. th. th. th. th. th. th. th. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. toeeaa. toea. toea. toea. toea. toea. you're not concerned? Okay. Now, let me tell you that if on the economic side you increase the size of the economy, you improve the income per capita, each individual in society,
Starting point is 00:30:18 and if at the company level you actually get a better profit at the end of the year because they will have been women on the board or women in the executive team. Aren't you concerned about that? I don't know yet, and I have to meet yet. The leader of a country who says, no, I don't want more growth. No, I don't want a larger economy. No, I don't want to distribute more income. They all want the same thing. So bring the woman. If you look at the participation of women in the economy, you usually have 15% difference.
Starting point is 00:30:49 If you look at the wages of women versus man, same job, same effort, you have at least 16% difference. Why is that? This is a complete waste of time and waste of energy and waste of resources. So women have to be given the same opportunities, be given the same salary and have the same exactly right as men. Thank you so much for being on the show. Thank you.
Starting point is 00:31:16 Wonderful having you. Good luck at the G20. Christine LaGuard everybody. Castilla Grodd, everybody! The Daily Show with Trevor Noah, Ears Edition. The Daily Show, weeknights at 11, 10 Central on Comedy Central and the Comedy Central app. Watch full episodes and videos at the Daily Show. Follow us on Facebook, Twitter and Instagram, and subscribe to the Daily show on YouTube for exclusive content and more. This has been a Comedy Central podcast. Hey everybody, John Stewart here. I am here to tell you about my new podcast, The Weekly Show
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