The Duran Podcast - $95B; Three Wars, TikTok Ban & Asset Theft Live)

Episode Date: April 26, 2024

$95B; Three Wars, TikTok Ban & Asset Theft Live) ...

Transcript
Discussion (0)
Starting point is 00:00:02 Okay, we're live with Alexander Verkiris. And Daniel McAdams was going to join us today for this live stream, but he is sick. He fell ill. And so we wish Daniel a speedy recovery. And we look forward to having him on the show as soon as possible. But Alexander, we wanted to go forward with the live. And there's a lot to talk about. So before we start talking about everything that's going on in the world today, let's just say a quick hello to everyone that is watching us on Rockfin, on Odyssey.
Starting point is 00:00:45 Hello, Odyssey. To everybody on Rumble, how's everyone doing on Rumble? Check out our Rumble channel, everybody. It's got a really, really great community on Rumble. and of course the great community on YouTube. Hello to our awesome moderators. Today, Zareel, Zareel had a great live stream yesterday on the locals. I was watching it, but I was being quiet.
Starting point is 00:01:14 I didn't participate in the chat. And reckless abandon. Good to get to see you. Peter. How are things going? Peter. Good to have you with us. And Tish M.
Starting point is 00:01:26 How are you doing, Tish? I think that's everybody that is helping us moderate. And a hello to our amazing locals community, the durai.orgals.com. Definitely check out our locals community and join our locals community. It's a fantastic community, and that is where we post everything that we do. That is our center is the duria.com. So, Alexander, let's talk about some news and let's answer some questions.
Starting point is 00:02:05 We're going to have to do a hard stop in one hour, about an hour and 15 minutes. So let's go through the questions and let's talk about what's going on in the world today. 95 billion, three wars, TikTok ban, and asset theft. When I wrote the title, Alexander, for this live stream, I was thinking three wars. Okay, we have Ukraine, we have Israel, Gaza, the Middle East. And I was thinking, China, Taiwan, is that going to be a third war? And then we had Blinkenstrip to China. And it's a war.
Starting point is 00:02:48 It's definitely an economic war, without a doubt. And I think it's going to, I think the direction is for this thing to get hot. I don't know when, but hope not. But, wow. What a trip from Blinken to China. So, Alexander, what are your thoughts on everything that's happening in the world? Blinkin's trip to China is the big news of this week. Can I just say you're absolutely right about where we're going?
Starting point is 00:03:14 It is absolute disaster. It is a complete train wreck. The Chinese have rushed out a readout that's of the meeting between Blinken and C. and she will come to in a moment, but it's, you can see there what the Chinese are saying. We've not yet had the Chinese read out of the meeting between Blinken and Wang Yi, but we're no doubt going to get that from the Chinese soon. But it's exactly what you said. We're now in a full-scale confrontation between China and the US.
Starting point is 00:03:46 And looking back, I'm going to suggest something, which is that the $61 billion that was that appropriation for Ukraine is the least important thing that happened on Saturday. It's money which has already been largely spent on Ukraine. It's not going to change the outcome of the war. We've discussed that in various programs. The real important thing is the confrontation with China. The money for Taiwan, the Chinese had already said Taiwan for us, first red line. which mustn't be crossed. China won't sit on its hands if it is. That's what the Chinese said. That's what Xi Jinping said to Biden just three weeks ago. And we've now had an $8 billion appropriation for Taiwan. Secondly, the TikTok ban, seizing a Chinese asset, trying to get the Chinese to divest
Starting point is 00:04:46 themselves of it. That hasn't happened. They can now go to seize the asset. The Russian asset steal. I think this is a point which people haven't grasped. You're talking J.P. Morgan, right, Alexander? Well, there's the J.P. Morgan thing, which the Russians have done. Right. But it's what this appropriation debt, the $5 billion that they're taking of Russian assets in the US. What that is doing, yes, it's putting pressure on the Europeans, absolutely. But it is also providing a precedent and a legal mechanism for the seizure of foreign
Starting point is 00:05:24 assets in the United States and whose foreign assets are being targeted. It's not difficult to guess, it's China. That's what that's principally about. So you can see that all of these things line up together. Of course, we have spy mania in Germany about Chinese spies, Maximilian Kha, afted politician. We've actually did a program with him, Glenn Dyson and I. You can find on the Duran, one of his people arrested on suspicion now being a Chinese spy, Chinese spy mania, and one of the results is a massive expansion of the Pfizer rules to allow even wider surveillance. So these are the really big events, and what ties them all together is China. So we have Blinken going to Beijing. He takes this incredibly tough line with the Chinese.
Starting point is 00:06:24 basically talking about sanctions. And it must be said clearly. What Lincoln is doing is he's using Ukraine, the conflict there, as a pretext to impose sanctions. That decision is not connected with the war in Ukraine. Not really. It's all about the economic war between the United States and China. And the second point about this is the Chinese, furious about this, that he has a tough meeting with Yang-Wang-Y he then has another meeting with Xi Jinping.
Starting point is 00:07:00 Xi Jinping throws the book at it and if you read the readout, the Chinese readout, Xi Jinping repeatedly says to blink him. You're telling me one thing, you've been telling me one thing all this time and you are doing the opposite. You are saying you want good relations and you're destroying those relations where there is no progress, there is regress. There's actually a specific statement in the readout of Xi Jinping saying that countries like the United States and China should not lie to each other. They should not say one thing and do the opposite. And you can see that the relations now have to all intents and purposes and in fact come apart. It is an absolute complete train wreck. And we are now in a straightforward,
Starting point is 00:07:54 confrontation between China and the United States. There's another aspect about this appropriations bill that we saw last Saturday. And it's been made by various Republicans, which is that the way it is constructed, it ties the hands of any future president, including, of course, Donald Trump, if he's elected in November. So if he goes back on some of these decisions, that have been made in these appropriations, he now risks finding himself in an impeachment situation. So, I mean, you know, it's terrible what has happened. It's extraordinary, and it was prefigured, looking back,
Starting point is 00:08:43 by a really incredible article that appeared in foreign affairs a few days ago, written by a man called Pottinger, who I believe was one of George W. Bush's national, security team, in which he said that we mustn't manage the relationship with China. We must go out to win. And that effectively means engineering regime change in Beijing. Talk about China stockpiling like the last 17, 18 months. Fold everything. They're stockpiling on everything. So they're preparing for what's about to come. And it would be impossible. for for China to even to give an inch to to the US demands.
Starting point is 00:09:34 If that were to happen, then it would be lights out game over for China. I mean, that's what we're talking about here. Absolutely. Of course it would. I mean, let's say they agree to divest themselves of TikTok. Then, of course, as nightfall stay, they'd have further demands to divest themselves of more companies and assets that they own in the United States. So they can't do that.
Starting point is 00:09:56 If they agree not to supply Russia with chips and machine tools as night follows day, more demands. China stops exporting other goods as well, stops buying Russian oil, stops trading with other countries that he wants to trade, stops exporting certain goods to the United States. They can't do that. They know perfectly well that they cannot do that.
Starting point is 00:10:23 And they know also perfectly well that even if they do, did do that. The Americans, the race, not the Americans, the Biden administration would simply come up with something else in order to sanction them, because sanctions are now baked in the cake. They are part of the policy. A decision was obviously made months ago, probably even before the San Francisco Summit, to try to get this together and to do it before the election. I'm guessing that the U.S. has been working, rather the Biden team, have been working in this direction for over a year. And as we discussed in our program, in one of our programs that we've recently done, it follows exactly the same copy book that they used in 2021 with the Russians.
Starting point is 00:11:15 Threats followed by Sweet Talk. We want good relations with you. We want to have a put relations with you on a stable footing, a stalemate meeting in Geneva between Putin and Biden that seemed to go well. And then, of course, the reality is once that's out of the way, once whatever obstacle is still in the way of moving forward with whatever it is you want to do, in this case, in the case of the Russians, once Merkel was out of the way, you move forward towards the confrontation, which exploded in February 2022.
Starting point is 00:11:54 doing exactly the same thing with China. They set out on a line of confrontation. They strung the Chinese along. A few more months. They had that meeting with Xi Jinping in San Francisco. They've now got the bill through Congress. They've now put themselves in a position where they can move forward. And we have Lincoln going to Beijing and basically telling the Chinese we're going to we're going to sanction you. I'm having such a hard time trying to understand the logic to all of this. I really am because it appears to me that China can really do a lot of damage to the U.S. economy.
Starting point is 00:12:43 Yeah, China, yes, the U.S. can do damage to China. But I think the Biden White House is really, they're making a horrific mistake here with escalation with China. I mean, Russia's one thing. And even with Russia, they're getting their ass handed to them. But China's just a whole other deal. I don't understand this at all. I really am having a very difficult time understanding the logic from the Biden.
Starting point is 00:13:15 It's almost as if they want to destroy the United States. They want to destroy the U.S. dollar. It is a cataclysmic. It's a cataclysmic mistake. By the way, we're also getting reports that, you know, presumably the same people who are driving this, also apparently drive advising Donald Trump now because there's apparently meetings going on within the Biden.
Starting point is 00:13:40 Trump teams, well, about sanctioning anybody who gets drawn into any Chinese financial or global trade arrangements. in other words, you know, more sanctions, more threats, more pressure on all kinds of third parties as well. Clearly an attempt to isolate and break China. And it is cataclysmically wrong. You know what it reminds me of? And, you know, I don't like to make these parallels. It's a parallel that I really would much rather not make.
Starting point is 00:14:11 But it reminds me of German policy in 1941. The Germans found themselves, the German leadership found themselves. facing more problems that they expected. Things were going wrong in all kinds of directions. They weren't winning the war as quickly as they thought, and things weren't turning out in the way they wanted them to. So first they invade Russia, then incomprehensibly they declared war on the United States, supporting the Japanese. Eventually, by the end of 1941, they're at war with the United States, Russia, China, always forget them, and Britain as well. I mean, all the great powers, in other words, of the world lined up against them in order to
Starting point is 00:15:03 sort out, you know, because they went out in every gun's blazing in all directions to sort out their various problems. And of course the Japanese at the same time did exactly the same thing. And well, as we know, we all know how that ended up with the Russians in Berlin, with the Americans in Tokyo, with a terrible devastation and disaster. You know, I don't like to make this parallel. I don't want to talk in that way about the United States, a country for which I have expressed many times my deep and strong feelings of. regard. But I mean, it's the only example of a country behaving like that, but I can think of. There's no way to make any logic out of it. I mean, it's basically the United States, the collective West, because Europe, the EU will seize the $200, $260 billion, whatever the amount is of Russian frozen assets. They're going to do it. I've been saying this for the last year. They are going to do it.
Starting point is 00:16:19 They allowed the United States to blow up their energy infrastructure. They're going to allow the U.S. to push them to steal these assets. There's no, in my mind, I hope I'm wrong, but I have no doubt that they're going to do it. It's like they're telling the world, 80% of the whole world outside of the collective West, pull your money out of the collective West. Everybody, pull it out because we're going to seize it. That's basically the message that they're sending to everybody. Well, absolutely. It makes no sense at all. Economist after economists is warning them to do it. Banker after banker, central banks, all the central banks telling them, don't do this. An article in of all places that tell me yesterday, saying for heaven's sake, don't do this thing, you know, but they're going to do it because, of course, they will. If you want to make a comparison, go back to, you know, 1941 again, you know, all the demand for all the, you know,
Starting point is 00:17:19 within Germany. You know, we need to do. What we need to do is go for unrestricted, you vote warfare. That means blowing up American commercial ships on the high seas. And, you know, that is the pressure that leads you to declare war on the United States. I mean, logic does not exist for these people.
Starting point is 00:17:42 I think that's the thing to say. One senses that they feel that their back is against. The situation in Ukraine, which was their great project, has turned out horribly, catastrophically wrong, just like if we could go back to the Japanese, for example, their invasion of China had gone catastrophically wrong. So they looked to solve their problems by striking out in all kinds of directions, going for some titanic gamble, which can never realistically come off. And is simply going to make their problems exponentially worse.
Starting point is 00:18:23 But that's what they're going to do. Yeah. So Elsa says Alex has just posted Blinkin's threatening speech while being in China. Is he provoking or simply dumb? So I found a snippet of Blinken speech where he basically delivers the ultimatum to China. And my thought was in that post, Blinken is in China threatening China. I don't, you know, I mean, these guys, at least wait until you get home to the U.S. Before you start issuing threats.
Starting point is 00:19:00 You're in China. China's hosting you. You're supposed to be a diplomat, the top diplomat in the United States. And you're in China. You're threatening China. And it's all about he starts off with the Russian trade with Russia. and then he gets to the core of the matter, which is Chinese overcapacity.
Starting point is 00:19:22 That's Janet Yellen's term now, that everyone is using overcapacity. That's the problem, is China's overcapacity. So what do you make of blinking issuing threats against China while he's in China? Going back to Elsa, by the way, our greetings to you, Elsa. Thank you for joining us.
Starting point is 00:19:42 But going back to Elsa's question, Why make the distinction? Why say is he being stupid or is he being provocative? He is being both at the same time. He's being both stupid and provocative. You're absolutely right. You don't do this when you're in the country, when you're meeting the leaders of that country.
Starting point is 00:20:07 When you're meeting with Xi Jinping and Wang Yi, you don't talk like that. I mean, this is, to say that this is undiplominated, language. I mean, it's off the scale on diplomatic language. Once upon a time in the former age, it would have provoked a war. I mean, that would have been enough. It would have been enough to talk like that for a country like China to feel it had no option but to declare war. You don't believe me. Go back in time to 1870 and see what happened between Germany and France when the French ambassador and publicly berated the German emperor,
Starting point is 00:20:48 it led to war between Germany and France. This is in 1870. And that was a war in Germany, actually. That would happen in Germany. And that was a war, of course, which France lost. I mean, it's so off the scale. And it's crazy. But of course, there is a method in the madness
Starting point is 00:21:09 because what Blinken is doing, as he thinks, so he's trying to be clever here, he wants to humiliate the Chinese as well as provoke them. He wants to come along to China and make these kind of spectacular, sensationality rude comments, and he wants to embarrass and humiliate the Chinese leaders.
Starting point is 00:21:31 Of course, what he's going to do is make the whole nation of China incredibly angry as well. And he makes the United States look so bad. Of course. Of course. What in the world says, what if China dumps U.S. T-bills before any seizure? Yeah, well, what if it does? What if China isn't there to buy those T-bills, given the speed at which, you know, American debt is increasing?
Starting point is 00:22:02 Who's going to buy them? I mean, you know, there are people, you know, like we always told it's Americans who buy T-bills, which is simply means, by the way, that more and more Americans are holding bad debt, that's what it is ultimately. But, and, and bad debt, which ultimately will come back to buy them, whereas China probably does have an immense capacity to buy tea bills. Well, you know, if you're blinking, you don't worry about that kind of thing. I mean, where did they worry about the consequences of imposing economic, you know, energy sanctions on Russia, for example? You assume it will all turn out because, of course, that's what you want to do.
Starting point is 00:22:45 Here's my question to you. Since they're blaming China for Russia's momentum, this is the cope that they're going with. Russia was going to lose. And then China stepped in and now Russia has the upper hand. So since they're blaming China, why doesn't China just say, okay, you know, we're being blamed for it anyway. you guys are blaming us for Russia's success, we might as well start manufacturing missiles. Might as well start manufacturing ammunition.
Starting point is 00:23:18 And if they think that Russia is outproducing the EU and the US combined, do you imagine if China started to really crank things up, like really started to get things going to back Russia? It would be lights out. Well, absolutely. I mean, that's exactly what might happen. I mean, again, I don't know whether this has been worked out. Going back to that analogy I made with 1941, wasn't that exactly what the Germans found?
Starting point is 00:23:47 You know, they were worrying about the fact that the, you know, the Americans were sending some carcass, you know, old destroyers and clapped out warships and things like that via, you know, to the British via lend lease and all of that. And so they declare war on the US. engage in unrestricted Uber of warfare against the US. What do they do? They simply got the gigantic American industrial machine
Starting point is 00:24:16 gearing up and humming and going and producing weapons on a scale that nobody in Germany could ever have imagined. They could do exactly the same thing with Russia and China. You absolutely right. The Russians have shown that they can outproduce the West. The Russians have a big economy,
Starting point is 00:24:34 bigger than people thought, but not like China's. China, which produces more goods as more manufacturing capacity than all of the West combined? It's crazy. You yourself are talking about Chinese overcapacity. Just imagine if in military production in Ukraine, that overcapacity is used against you. But of course, if you're blinking, you don't think about that. if you are all of these brilliant people in the State Department and the National Security Council, you don't think about those things.
Starting point is 00:25:12 You say to yourself, well, let's impose sanctions on China. That will show them. And they're talking about Chinese banks. I know Chinese banks. Boy, better start stocking up on some Chinese currency. I don't know. Everything's going to have to get priced outside. of the dollar. Yeah, absolutely. I don't have just say the logic in any of this. No, there is no logic. As I said
Starting point is 00:25:44 before, this is the great difficulty. We are dealing with a situation where there is no logic. Was it logical for the Germans to cut themselves off from Russian gas? Of course not. Was it logical for the Europeans to sabotage Minsk? No, of course it wasn't. But that's what they're doing. Now, you know, this is the great problem that people like us have. Because we work, operate in a logical and rational way, it's difficult for us to anticipate actions, at least I find it very difficult, to anticipate actions of people who don't think logically and don't think rationally. But, you know, that's what we're seeing.
Starting point is 00:26:28 The amazing Blumpkin says when you talk about Blinking, you need the Pacino. sound drop you effing child yeah exactly right and simon says the u.s is acting out of weakness and fear not strength u.s debt in january 2021 was 21.6 trillion today it's 34.6 trillion a 60 percent increase in 39 months yeah absolutely of course just as the germans in 1941 were acting ultimately out of fear they sensed that it was slipping away so what do they do they double They tripled. They could ripple down.
Starting point is 00:27:07 It's the same. Japanese as well. The Americans do the same. I hate making that parallel. Let me say that again. But I cannot think of a better one. Yeah, there's, you have to. There's no other way to rationalize this.
Starting point is 00:27:21 Jeff Bickford says, how would the eventual loss of U.S. hegemony affect the average citizen? Why is this loss so dire for the ruling elite? Well, why indeed? I mean, again, I remember a program that Glenn Dyson and I did with an Indian diplomat and an ambassador in which he said that, you know, the Indians had been hoping
Starting point is 00:27:42 that this period of moving away from the period of American hegemonism to a multi-polar system would be negotiated, that, you know, there would be a negotiated and amicable transition. And that the Indians, and he was talking about the Indian government. And notice, by the way, how relations between the United States and India are also now deteriorating. They have been accusing Modi of sending assassins around the world. They're not happy about the fact that he's going to win him, blow out victory in the elections. They're talking about the fact there's an article today, the economists, about how India needs a stronger opposition. All of that, the Indians are saying to themselves, were saying to themselves are tragically
Starting point is 00:28:34 This transition, which could have been negotiated, is instead being resisted. And it is a disaster because no one wants to threaten the United States. This is something Americans really do need to understand. Yes, the Chinese wanted to trade with the United States. Yes, they wanted to take advantage of it. The Americans threw open their doors. They didn't have to. They did.
Starting point is 00:29:01 maybe they could have started to shot them again a couple of years ago Alex and I were talking about a negotiated divorce you're moving away from Chimerica you could have done that but going all out for absolute full-on confrontation that was crazy sir Mugg's game says it doesn't matter what nation's flag they wave in Congress at this stage of the game they'll wave white they'll wave white flags at some point there will and that what a disaster that's going to be
Starting point is 00:29:36 what a disaster that's going to be by the way that was disgraceful the only flag one should wave in the Congress is the American flag if they start waving the flags of any other countries that tells me something about these people we have there's a famous incident from British history
Starting point is 00:29:53 English history in the 16th century when Mary Tudor the queen who was before Elizabeth I she married the king of Spain and subordinated English policies to Spanish interests and the complaint that circulated in England was that the Queen loves another realm
Starting point is 00:30:17 more than this and that's exactly what I feel about there's awful people in Congress yeah Zareel says 95 billion and not one dollar for their own people traders are Vincent Vega says, good morning from Dallas, Alex and Alexander, good morning.
Starting point is 00:30:38 Good morning to you. Rice says, blink in, no welcome and no red carpet. Yeah, the way he was welcomed, was interesting. Absolutely. Well, it was. Does it surprise you? I mean, Sophia Midekiff has told me that there were lots of comments in Chinese social media asking, why are we allowing this man to come to our country at all, to China at all?
Starting point is 00:31:04 Yeah, Sir Mugge's game says the script is Sunset Boulevard. The U.S. is Norma Desmond, the British her demented butler, both fueling each other's delusion of past glory. The U.S. citizens are Bill Holden shot for rejecting and walking away from the crazy. That's so true. That is a great point. That's a very, very good film, by the way. Yeah.
Starting point is 00:31:28 And Sir Mug's game says, if $30 billion is required to restock the U.S. Arsenal, what does the $1 trillion budget go to restocking toilet paper and tampons at the Pentagon? Sheesh. Good question. Very good question. Brian Byrne, welcome to the direct community. Sancho Relaxo says, reply, Claretarian, the direct involvement, decentralized control and incorruptible transactions would reboot
Starting point is 00:31:57 democratic participation, bypassing the old backroom, compromise, kickback methods. Yeah, we need to stop thinking in these, you know, we need to start thinking about getting our democracies back. We see how dangerous things are and how completely out of control the political classes in our respective countries have become. We have an act of lunacy coming out of the United States. And in Britain, we have a prime minister who talks about having a war economy by 2030. How completely disconnected from reality is that?
Starting point is 00:32:38 Farris Whitaker says at least half of the US debt is held by FIs and pension funds. Basel banking regulations require banks to hold a certain amount of capital in safe assets like AAA plus government bonds. yeah but are they safe that's the point you see if things were to go wrong if things were to go wrong in the united states china could could absorb losses on tea bonds what about the banks in the u.s by the way you know we speak with knowledge gree um alex and i because of course in greece greek banks before the financial crisis bought greek sovereign debt so did cyprian banks by the way and that was
Starting point is 00:33:22 why when the Greek government defaulted, which it in effected, it did. It affected the entire banking system and all the all the other institutions, financial institutions in our two countries. So, you know, Americans talk about this sometimes as if this is a sign we actually don't need the Chinese after all, but actually given the scale of the debt in the United States, being sort of be a worry, nor a reassurance. Yeah. When the big banks go under, look out. It is devastating to a country, to all the citizens of the country.
Starting point is 00:34:07 It is absolutely devastating. In Cyprus, the two big banks, they collapsed. And the second largest bank completely closed. And in 24 hours, everyone was locked out of their money. Everyone lost all their money. And we're not talking about 1% of the population. We're talking about 50%, 60%, 70% of the population. Everyone had money in these two banks.
Starting point is 00:34:33 Yeah. This is madness what the Biden White House is doing. It's absolute madness. Ryan says the reason we have illegal immigration in the U.S. is because the government is using them in subterranean cities to manufacture arms. Trust me, bro. Interesting. A big Wyman.
Starting point is 00:34:53 Thank you for that super sticker. Stephen Walter says 17 months already, time goes way too fast. Thank you for being a member for 17 months. Stephen. Tish M says, given current events of the Collective West Collapse, historically, where are we in terms of the end of empire? You know, it's always difficult to say because, you see, we can't look forward and, you know, give a particular date
Starting point is 00:35:16 because, you know, the date comes. And one should never underestimate the ability. of people to kick the can down the road. But we're running out of road fast. And the people who think they are kicking the can down the road, what they're actually doing is they're pulling us further along towards the abyss that lies at its end. It's a very difficult situation.
Starting point is 00:35:41 What I will say is we are now coming close to the end of empire. The British media is already talking about the West, by which of course they really mean the United States facing a Suez moment in Ukraine. Suis, the event, the debacle of the British French invasion of Egypt in 1956 is universally recognized in Britain today as the moment when the British Empire began its end. So if the British is saying that, we could see that we're not far. The Black Cat, thank you for that super sticker. Rockabilly says, in economics, if you have an asset that has value, but you know it will lose value,
Starting point is 00:36:32 you get as much other assets for it while it has value. Yeah. Ruby Appel says, thank you guys for your tireless work. A great point by Alexander has a cataclysmic mistake by the U.S. Mort Vader says, thanks for your awesome programs. Franz Martin Middle says, how can stupid be this stupid? Could this be by design? If so, why? Well, you know, if there is a design here, I don't understand it because it seems to be so completely crazy. I really can't see what the logic and thinking behind this is. I mean, you know, people talk about, you know, even mad people having a plan.
Starting point is 00:37:18 This plan, if it exists, is so mad that I just don't understand. what it is. Kishab says, isn't the death of the USD, the end of US-Israel and why Trump's team is looking into sanctioning those nations not using USD to trade? Yeah, well, you see, this is the point. It's not the end of the US if the USDA ceases to be a reserve currency. Countries have like Spain and Britain have operated reserve currency. reserve currencies in the past.
Starting point is 00:37:53 The reserve currency ceased to be the reserve currency, and those nations continued and survived, and in some cases prosper. The US could do the same. Trying to resist what are inevitable economic processes is what is really dangerous. But you're absolutely right. Controlling the USDA,
Starting point is 00:38:18 keeping it the reserve currency is seen by some people in the US as the mechanism to preserve American power because nothing else works. The United States is no longer the world's biggest manufacturing economy. It is no longer the world's major military power. So you hang everything on the USDA.
Starting point is 00:38:39 But it's not about the US. It's about preserving the global hegemonic system. system from which to say it again, the American people and their great majority do not benefit. Sherry, thank you for that super chat. Tishab says, by the way, isn't Blinkin's welcome in China symbolic of the state of the US? Yeah, it's true. It's absolutely true.
Starting point is 00:39:08 Yes. I mean, once upon the time, I mean, you know, whatever message she came with, the Chinese would have certainly rolled out the red carpet for the U.S. Secretary of State. the fact that they didn't, even the fact that there wasn't the red carpet there and that there was only one junior official. The very fact that most of the people who met Blinken on the runway were American officials. In other words, the Americans are principally meeting themselves in China. That I find even more extraordinary in some ways. Gratos 22 says, you think we'll be at war with China and Russia by year's end? war with one is war with both.
Starting point is 00:39:49 Well, I hope not. I hope still, I still hope that we can avoid that. But, you know, to be clear, we are heading in that direction. On Taiwan, it's not as if we haven't been warned. The Chinese, just like the Russians, have given repeated warnings. And of course, those warnings are disregarded. We're not disregarded. They're seen as a mechanism.
Starting point is 00:40:16 to provoke or to humiliate. Yeah, I think you were telling me the other day that you saw the package that was given to China as a clear indication that it's about ramping up a conflict to Taiwan, that it's about ramping up a conflict with China. Yeah, yes, absolutely, because what it is, it's... I mean, the actual package, yeah. Absolutely. I mean, they're trying to build up now the Taiwanese army, not, you know, Navy Air Force,
Starting point is 00:40:45 all of that. They're trying to build up the time. Taiwanese army specifically because they have this idea, you know, the Taiwanese army, you know, the Chinese army lands on Taiwan, they will be cut off and bogged down in some great kind of land battle. And in the meantime, the US fleet will break whatever Chinese blockade there is. It'll all lead to some great victory very much like the victory we achieved last year with Ukraine's splendid. Some are offensive. It's the same kind of inane strategizing.
Starting point is 00:41:25 But, you know, look, think about it. The quantities of sums are, you know, roughly the same. Libertarian by default says, this is China. Add some spit and cake. The hockey goalie says Stoltenberg, aid to Ukraine, an investment in our own security, as it reduces the amount of the West needs to spend on defense. new aid only creates more body bags. They don't care as not filled with Western men and helps with the U.S. election. You know, the thing about Stoltenberg, and he's constant harping on this,
Starting point is 00:41:58 is I don't know what is more shocking. Firstly, the utter cynicism of this statement is an investment. So, you know, kill lots and lots of Ukrainians or have lots and lots of Ukrainians killed, and that makes us in the West more secure. So that's shocking in itself, the cynicism of it. but also the stupidity of it because it's not true. We have no less a person, the General Cavalry, who is the senior American military commander in NATO, telling us the exact opposite, that it's not making the Russians weaker militarily.
Starting point is 00:42:32 It's making them stronger. Those who are making weaker are us in the West. We are running out of tanks. We are running out of shells. We are being asked to do away with our air defense. missiles. We are the people who are de-equipping ourselves, not the Russians. Boris Bistorius, who's the German Defence Minister, is now complaining that the Russians are producing more weapons that they need to win the war in Ukraine. And yet, Jens Stoltenberg comes along and still continues
Starting point is 00:43:07 with this absolutely inane, untrue, ridiculous claim that he has been constantly making about how much This is making the Russians weaker and us strong. He just reads the script that's handed to him. To be fair to Stoltenberg, he just reads the script that's given to him. That's it. Simon Anifer says, China and India opposed Russia's bricks trading currency. Will they have the same view after Blinken's visit and if Russian assets are stolen?
Starting point is 00:43:37 I don't think the Russians ever proposed a trading currency. I think this is the point to say. The Russians, the idea for, a new financial trading arrangement. Actually, if you go back long enough, it originated in China. It was the Chinese who started to float ideas like this about 10 years ago.
Starting point is 00:44:00 The Russians initially very skeptical because most of their trade was the West. Then the 2014 crisis happened and they began to rethink their view about what the Chinese were saying. The Indians are still skeptical, more skeptical than not. But as they showed last year in the BRIC summit in South Africa, their skepticism is not strong enough to cause them to say,
Starting point is 00:44:31 you know, we're going to oppose these ideas and we're going to prevent them being realized. They still went along with them. And I'm confident that they will do the same and go even further with them this time when the bricks meet in a few months in Kazan. Raphael says, do you guys think in 50 years history will be talking about people like Berbach, Blinken, Trudeau, Macron as serious and powerful world leaders?
Starting point is 00:44:56 No. Nope. Samuel says, could Ukraine war end like Germany in World War I? No, I don't think so. You see, the war in World War I ended with an armistice. The Germans. The German general staff, Ludendorf and Co., realized that if the war continued, Germany would lose. They didn't want that to happen.
Starting point is 00:45:25 And they were also aware that there was a festering political crisis developing in Germany itself. And so somewhat unexpectedly, they sought an armistice. Unexpectedly, for many people in Germany, they sought an armistice. they called it off before, in other words, Germany fully collapsed. Now, that caused all kinds of problems in the future because some people in Germany said that Germany could still have won. And the dishonor of surrendering like that was a terrible thing and should never be countenanced again.
Starting point is 00:46:06 But anyway, that is what the Germans did. I don't think that the political, leaders in Ukraine or in the West are capable of doing that about the Ukraine conflict this time. All the indications are, on the contrary, that they're going to go on fighting to the very bitter end. And we've just done a program. You can watch it on the Iran. We did publish it yesterday about how they're coming up with all kinds of schemes to create iron triangles on the NEPA and to defend and fight the Russians forever. and that that's what they're thinking about at the moment.
Starting point is 00:46:48 Cherie, thank you for that super chat. Latimer Rose says, I don't think we should ever compare Russia's and China's production capacities due to one component, labor, 150 million versus 1.5 billion population. With labor, that small, Russia is a giant in its own right. Well, I've never made the comparison. I mean, Russia is a giant. But of course, if Russia is a giant, China is a titan.
Starting point is 00:47:17 I mean, that's the difference. Yeah, sophisticated caveman says, Deep State Map labels Kaliningrad Oblast as occupied East Prussia. Is this really the mindset of NATO? Do people really think it's possible to displace a million Russians from Kaliningrad? Some do. Some do. Certainly in Ukraine, they do.
Starting point is 00:47:39 I am pretty sure some people in NATO, think so, so. Eric, that should thank you for that super chat. Harry C. says, Speaker Mike Johnson is either a loon, compromised, or both. Both U.S. parties are lost under current leadership.
Starting point is 00:47:57 Yeah, I agree. Matt Lus X says, Alexander, about two or three months ago, Zelensky said that Rostov and Varonish are historically Ukrainian. I think we owe Liz Trust an apology. Sure enough. Alexander Lima says, I've been following the Duran from Brazil since the beginning of the
Starting point is 00:48:15 SMO. I have a question. Do you think Trump could be blackmailed and support Ukraine, NATO, and Taiwan, and not going to jail and become eligible for a president? Well, first of all, thank you for supporting the Duran. And, you know, we're always very grateful. And thank you for doing that. The answer is we don't know about Trump. We don't know exactly what has happened. But it's not a lot of it. an implausible theory. I mean, look at the legal pressures he's coming up, he's coming under. You want to understand how extraordinary, how bizarre the current case is in New York. Just go to Jonathan Turley's site, Rehsexualquiter, in which he points out that Trump is being prosecuted
Starting point is 00:49:05 in New York, when nobody yet has been able to identify the crime that he's been prosecuted for. There hasn't even been a clear explanation of what the alleged crime in fact is. Now, a case like that should have been tossed out. It hasn't been. We've had that bizarre case with the valuations, you know, a crime where literally the alleged victims benefit, from him. I mean, crying from which the victims materially benefited and wanted to continue to do business with the perpetrator. I mean, this is all, I mean, it's Alice in Wonderland stuff. Now, the fact is that these sort of things are happening. If they're happening, who knows what pressures are being exerted? And, you know, if you're being prosecuted for crazy things,
Starting point is 00:50:05 Well, you know, it has an effect on you. You must be asking yourself, well, if they can bring this against me, what else are they going to bring? When is this going to end? So I could perfectly well imagine that at some level, in some place, some kind of a deal to, you know, let go, has been done. But of course, I don't know that for a fact. Vladimir Rose is also to add to my comment above half of Russia territory is Tega and very harsh weather conditions in winter versus China's. Oh yeah, absolutely. By the way, I've never been there, but I've been to the Urals. And the most extraordinary thing about Russia, by the way, is that the landscape, the further east you go, the more dramatic it becomes.
Starting point is 00:50:57 I mean, it opens out and you have enormous, you have mountains. You have scenery like, you know, it's difficult to imagine. The people who live in these places love them. It may sound like the landscape is harsh and the climate is harsh. But the Russians who are perhaps most attached of all to their places, in my experience, are the people who come from these territories. Life of Brian says Alexander once mentioned that he viewed W.F. Buckley's influence as malign. could he expand? When did you realize what Neil Kahn's really were? Well, when did I realize it? I realized it,
Starting point is 00:51:39 especially, I think, during the time of the George W. Bush administration, though I was already becoming alarmed in Bill Clinton's time. I knew that some things were going very, very badly wrong. I should say that when Bush, George W. Bush, won against Gore, I actually mistaken me, thought that, you know, things might actually calm down a little because things were becoming so bad under Clinton. I thought that, you know, a new administration might actually, you know, introduce some kind of steadiness. Well, how wrong was that? But anyway, I began to understand then what neocons were like. And I've been aware of Berkeley for a very long time. And I was, you know, somebody who, from time to time, dipped into National Review,
Starting point is 00:52:34 where I hadn't realized the extent to which his ideas had gained hold in the United States. I think he has been a very, very damaging influence in the United States altogether. Resident Orca says author Walter Kim wrote, Make Chinese TikTok, Americans so we can be sure that only the country that is constitutionally prohibited from spying on us is allowed to do it. Mattles X says, that is brilliant, by the way. That's absolutely outstanding. I'm going to remember that one.
Starting point is 00:53:08 Yeah. Matless X says, Neville Chamberlain is used as an excuse for the West to not engage in diplomacy. Diplomacy is not appeasement. Absolutely. By the way, we've had, I've had lots of comments,
Starting point is 00:53:20 including for some very important historians about our discussion about Chamberlain and appeasement in the program yesterday. I knew I knew that we would. I should say all of the comments I've received have been incredibly polite and really helpful. And I'm confident that we'll be doing more programs about this topic. F22, Daniel says, What are the odds that EU nations start to mobilize their civilian population and send them to Ukraine?
Starting point is 00:53:49 I think that some may try, but I don't think they will find it easy to do. On the contrary, I think if you want to do something, which will finally radicalize the EU populations. The way to do it is to do it like that. Yeah, Moon Dragon says, I think one of you guys needs to take over after Putin leaves. We're not Russians. Yeah.
Starting point is 00:54:17 At the end, the gall says, love you guys. I just backed out of a work transfer to and from the U.S. to Warsaw. I don't like the way Poland is going, and I'd rather study Russian than Polish. Wow, wow, gosh. Jerry Kogan says, when can we get a tour of Alexander's bookcase? Yeah, that's a good thing.
Starting point is 00:54:39 One day we'll sort it out. We'll do a good too. Lots of other books in this house, by the way. Lots of. Stephanie Walmock says, please give us your perspective on Moldova as it relates to Russia and the Ukraine war. Well, it's the same.
Starting point is 00:54:54 I mean, it's a minor version of Ukraine. a smaller version of Ukraine and it's very like Georgia and Armenia. We've done a program about this which will come out fairly soon, about the political crisis in Georgia and about the role that NGOs and financed NGOs play in these events. And you see exactly the same thing playing out in Moldova as well. Moldova is unusual in one respect in the clear majority of the people who actually live
Starting point is 00:55:26 in Moldova and vote in elections apparently never voted for her and opposed her. The reason she is president of Moldova and has a vote in the Moldovan parliament, so I understand, is because this enormous Moldovan diaspora in Europe is mobilized to support her, and they have the right to vote in Moldovan elections. D.S. 1993 says, I don't think China will go without a fight, even if that means World War III. It's also existential for them. We are going to have multipolarity or U.S. hegemony. You're completely correct. And either way, on the topic of China, the thing to always understand, and this is something that people in the West don't understand, is that China, for the first time, in 100-plus years, is enjoying, you know, an economic prosperity and stability.
Starting point is 00:56:29 And they've achieved that from a terribly bad situation where it seemed at one point that China would go like India and be carved up by the great powers, the Western great powers, and would become, in effect, a colony. So this is the century of humiliation the Chinese talk about so much. And that makes them particularly sensitive to external pressure. It almost inevitably means that they're going to push back. Matlis-X says one thing that is puzzling to me is why have the Russians not stepped up Syria's missile defense in Damascus?
Starting point is 00:57:09 The Israelis have been attacked Damascus for far too long. Well, I think up to now and until fairly recently, the Russians haven't wanted to burn their bridges with the Israelis. I mean, they've had reasonably good and correct relations with Israelis. They sorted out a deconfliction line with the Israelis when the Russian military entered Syria. And I think they wanted to avoid creating a crisis between themselves and Israel. It could be that with recent events, things are going to start to change. Now, it's important to say that a dialogue between Russia and Israel still continues. Recently, Putin's national security advisor,
Starting point is 00:57:55 Nikolai Petrucchia, had a conversation with Netanyahu's. So, you know, they haven't completely cut off contacts even now. Summer of 1970 says, I'm following China and Russia's plan and stockpiling essentials. I'm smart. The alchemist says, who else checks their phone every time Alexander gets a text? Who else checks?
Starting point is 00:58:20 Well, Catherine is always vigilant on my behalf. I'd never discuss this with her, but I'm sure she keeps on all sorts of things. Asby Zero-6 says, what has to happen for Europeans to throw out all these globalists from power and replace them with people who care about their country as opposed to some weird values? I've never known a time in British history, and I really have to speak about Britain because it's the country where I live. And, you know, admitted it's outside the EU. but when I've traveled two places in the EU, I found the same sentiments. I've never known a time when people in Britain are so unhappy
Starting point is 00:58:59 with our political system. I mean, to give you an example, we have a situation where the Conservative government is so unpopular that there is a high probability that in the next election, the Conservative Party, will completely collapse.
Starting point is 00:59:19 In other words, that it could be down to 100 seats or even less. And yet, even as that is the case, I saw an opinion poll recently that said that 45% of British voters do not want a Labour government. In other words, a plurality of Labour voters. Many of them are going to vote Labour
Starting point is 00:59:40 because they hate the Conservatives so much still don't want a Labour government. They feel that it would be worse for them than any other possible alternatives except the conservatives. Now, when you get into that kind of situation, it tells you that things here are really bad. And I think that reproduces itself right across Europe. The difficulty is the political class is very entrenched. We've repeatedly seen how ruthless it is in maintaining itself and the lengths to which it is prepared to go.
Starting point is 01:00:17 and so far we haven't seen anywhere in Europe a political figure appear who is able to take them on, pull together support and win. And eventually that will happen. But, you know, we've had people like Farage and Corbyn in Britain, different few different people, completely, by the way, very unlike each other, they'll get on. And, of course, they have different perspectives. but each of the posts of the political class we've had le pen in france we've had maloney and salvinie in italy we have the a fda in germany we've had wagner necht in germany with all kinds of people
Starting point is 01:01:00 like that but so far we haven't had a big strong titanic figure who is able to basically break through eventually such a person will appear. In history, one always does. Knitswich says it's the anti-design, the anti-life design. Harry C. Smith says, if forced, China could drop the USDA overnight, crashing its values and creating massive inflationary, even hyperinflationary, crisis in the US and then globally. Well, you would have thought so.
Starting point is 01:01:39 And, you know, that's why Lincoln should not. be talking in that way when he is in China. Moreover, I've often seen people say that, you know, the United States can simply stop China doing that by pressing a button and freezing payments on tea bonds. I mean, I ask myself, are people, that Paul Krugman has written about this, in this way, are people like this joking? Do they not understand that doing something like that is a, a loss of default by the United States on its debt obligations?
Starting point is 01:02:19 The implications of doing something like that are awesome. Anybody else who holds deep T bonds is going to be terrified if the United States does government, does something like that. People in the United States are going to be terrified if the United States does something like that. But the very fact that people like Paul Krugman talking that way, tells you how detached from reality they become. Sophisticated caveman says,
Starting point is 01:02:50 can you do an analysis of South Korean relations with Russia and China? This is a huge topic. I should say I know South Korea. I've traveled to the country. I have one, my brother-in-law is married to a Korean, a Korean woman. So, you know, I have no reasonable amount about Korea. I mean, Korea has had a massively long history
Starting point is 01:03:14 with China, obviously going back millennia. It has a recent relationship with the United States. It's had a very, very bitter and bad relationship in recent years with Japan. And over the last 30 years, it's cultivated a reasonably good and friendly relationship with Russia. and Korean society is very divided on these issues in the sense that a lot of people in Korea have valued the new relationships with Russia and have been less nervous about the colossus,
Starting point is 01:03:58 which is China, on their doorstep and have wanted to develop and build on that relationship. But during the Cold War, a class and a deep state in South Korea developed, which is very committed to the U.S. alliance, and for the moment, it is in control. Now, I think this
Starting point is 01:04:22 can change, and I think one day it probably will, but for the moment, they are the people who are in control. Joe Public says Gaddafi's demise was his intent to introduce the gold D-9. Yeah, absolutely. Many people say that, I think it's true.
Starting point is 01:04:38 Nitzwitch says, and the EU members are dwarfs with a very low hanging sun in the back. True. Basil Beshkov says, make America ours again. Yeah, how would a great statement. You know, you should pass that on to Trump. That actually, I think, is a winning, is a winning statement.
Starting point is 01:04:59 I mean, you know, it's brilliant. It's on the level of Dominic Cummings, his famous slogan during the Brexit referendum, take back control. John Halpin says, if the neocons aren't stopped, the downfall of empire will be sooner rather than later. Yeah, I agree with that too. John Roberts says Janet Yellen said in China that the U.S. is not decoupling from China. That tells me the U.S. is decoupling from China. How do you see the Bricks versus West economies developing?
Starting point is 01:05:31 You're completely correct. That's exactly what's going to happen. Well, to be clear, it's going to cause problems with China. I mean, they're a major export machine because they're exporting to many, many. other places too but they will get through it will slow their growth it might even lead to a recession but of course they'll blame the americans for it not their own government and they will do that from a position of great economic strength and prosperity what it will do is it will aggravate massively inflationary pressures in the west because we will no longer have access to cheap chinese
Starting point is 01:06:11 goods and of course it will be catastrophic for certain European economies, notably Germany's, which exports to China. And, well, just take a step back and think of what is going to do to companies like Apple, for example, which have so much of their production in China and depend on China to produce phones, smartphones, which they sell in the US. Ettenham says Biden regime proposing 25% tax on unrealized investment gains. Yep. Do they realize this will cause the U.S. market to collapse?
Starting point is 01:06:50 Businesses will leave U.S. crazy. It's a crazy idea. It is a completely crazy idea. Again, it is a fun, it is a ludicrous misuse of the tax system. It's confiscatory. It confiscates property. Zareel says, off topic. Great Beard Alex.
Starting point is 01:07:13 Spartan looks good. Thank you, Zareel. Asmi, 06, says, it is said that the U.S. plan to demolish TSMC if China makes any move towards Taiwan. But did anyone thought what happens next?
Starting point is 01:07:26 China still has a bunch of other silicon fabs, while the U.S. will have nothing. Well, you're right. But again, does anybody think that through? Yeah. Tim Gibson, thank you for that super sticker. Paula R.
Starting point is 01:07:39 Thank you for that super sticker. A sophisticated caveman asks, Can you explain how Bricks prioritizes who becomes a member and who doesn't from their list of applicants? I think what happens is this. Each country that's a member of the Bricks, especially the inner fall, China, Russia, India, Brazil, have a list of countries that they want to, comes forward with a list of countries that they sponsor. And there's a haggle and negotiation. and, you know, there's an agreement that, you know, some of, they'll go along with one country
Starting point is 01:08:16 from one of these lists in return for an agreement that another country should be accepted. So the Russians wanted Egypt in, for example, the Brazilians last time round wanted Argentina, who was agreed that they should both come in. Argentina then, of course, elected Miele, who changed course. now the Brazilians are advocating Colombia instead. So I think that's how it's done, basically. Jeff Pickford says, I heard a university professor once suggest
Starting point is 01:08:49 that the hour of apocalypse is forever being adjusted. Yeah, true enough. That's why one should be careful about giving dates. But, you know, empires do end. Geopolitical cataclysms do happen. The fact that, you know, they don't happen according to arbitrary deadlines, which we set with our lack of knowledge and our ability to see the future, you know, in precise chronological terms.
Starting point is 01:09:25 That doesn't mean that, you know, empires won't end and cataclysms won't happen. Andreas Ferensi says, how can some people, on one hand, be convinced that Brexit would ruin the British economy, but on the other hand, think that sanctions against China were somehow a good idea. Very good point. Well, you know, people always have, they always want to believe these things, and that's what makes them think those things. Yeah, Martin Middle says,
Starting point is 01:10:00 Cuibo, no, during the Great Depression, did in the wealthy elites by valuable, productive, assets for pennies on the dollar. I agree with that, absolutely. The pleads to bear in mind that, you know, this crisis, if it comes, will be worse than the Depression, by far. And
Starting point is 01:10:18 without a clear root out. Scary thought. Tom, somebody says, so China is giving Russia economic momentum, but China didn't give the U.S. massive economic momentum after Deng Xiaopens rise to leadership in China, U.S. geopolitical, neoliberalism,
Starting point is 01:10:36 in a nutshell. Yeah. Well, yes. I mean, can I say, I mean, I understand many of the criticisms Americans have about China. All I am saying is they could have been negotiated. The Chinese are very tough-minded, practical people. I think they know deep down that, you know, they had a lucky ride that they exploited. Why wouldn't they, by the way?
Starting point is 01:11:03 The geopolitical advantages they got. of the tail end of the Cold War to build their economy. They probably understand, you know, given time, we've got to try and find ways forward. It would it be possible to agree this. But instead, that's not what we're getting. We're getting full on confrontation between the US and China.
Starting point is 01:11:24 I noticed, by the way, that even Steve Bannon, well, I say even Steve Bannon, Steve Bannon is now coming out and warning against this. I mean, he actually said, you know, in the Second World War, the two countries that were most important as allies to the United States were Russia and China. They were the ones that took the biggest losses were turning against, we're making enemies of the two best allies we ever had. And that was Steve Bannon. Simon Anifer says, no friend of China's, not friend of China's.
Starting point is 01:11:58 Simon Anifer says, I will bet by 2034 the EU and NATO won't exist. The dollar won't be the reserve currency, the U.S. will be two or more political entities, and the West will be less than 15% of global GDP. Any takers? I am not a gambling man, as I always say. I wouldn't want a bet against you. Yeah. Pugs McGee says the recent Ukraine funding bill says the loans can be forgiven on November 15, 2004, one week after the 2024 election. Why?
Starting point is 01:12:35 Tell me. You work it out. Andrew Nelson said... And a Republican speaker agrees to this. Yes. And a Republican speaker, Republican speaker in name
Starting point is 01:12:50 only. Andrew Nelson says, is there a real truth behind the U.S. economy being in such trouble that they need these billions and billions to stay out of collapse? Yes. Otherwise, why would the debt grow in the way it is? Neurosurgery Highland. The plan of the WEF is to get it to lose the war with Russia and China to explain why financial system is broken and accept CBDC. Look at how British Johnson destroyed Brexit. Well, a lot of people say this.
Starting point is 01:13:26 Again, if this is what the WF are thinking, they are idiots. They're even bigger idiots than, you know, people like Johnson turned out to be. You cannot ride this tiger in that way. It will swallow you. The idea that you can, you know, unleash the storm and then ride it, it doesn't work. What you will do is you unleash the whirlwind, and it will be. blow you away. Yeah. Latimerra says, thank you, gentlemen, as always for talking to this community.
Starting point is 01:14:01 Thank you, Latimeron. Mustafa says, can you make a list of European countries' percentage of having autonomy against America, including Turkey, I claim Turkey has much greater autonomy? Well, of course it does. The only two countries that are showing any signs of independence of the moment are Hungary and Slovakia. What others are? if you want to include Russia as a European country, well, they are the one most of all. Samuel Maroni says, how did Putin respond to the Baltics in NATO in 2002? He was very, very unhappy about it indeed, but he'd just become president. His position was very insecure.
Starting point is 01:14:45 He had to deal with all kinds of oligarchs like Hodokovsky, who was still operating at the wings. And, of course, Russia itself was still only coming out. just coming out of the terrible crisis of the 1990s. So he had to accept it. David Bazik says, was Budanov killed or injured in a missile strike? Well, I think he was injured about a year ago. He's obviously not been killed because he's alive and we can see him.
Starting point is 01:15:15 Yeah, he was, I think he was injured too. Semper says, in America, every day proper politics doesn't exist anymore. Is it the same in Britain? Yes, is a word. I've just described to you the political situation today where people hate the opposition and they hate the government, they're going to vote for the opposition
Starting point is 01:15:34 because they hate the government more than they hate the opposition. I've never known a time like that in prison. Fragments of the USSR says zero seats is a subject online, an attempt to crush the UK government system by having the Tories get as few seats as possible. Participate by spoiling your ballot, convince the Tory voters, you know to do the same.
Starting point is 01:15:56 Well, absolutely. And that's probably going to happen, but all that's going to result in is a lopsided, massive majority for Stama, who is massively unpopular, for a Labour Party that is also unpopular. And, of course, what they will do is they will do exactly the same things that the current government are doing,
Starting point is 01:16:16 only more so with an even more authoritarian edge. In fact, a significantly more authoritarian edge than the one we're seeing from the current government. The amazing Blumpkin says, The Tube is censoring big time. Hunger, the dye merchant says, The best description I've heard of U.S. foreign policy is, kick the dog until it bites,
Starting point is 01:16:39 then shoot it and call it a mad dog. The U.S. was already at war with Germany and Japan in 1940, lead lease, and the oil embargo. Well, I think there's some truth to this, but, I mean, it doesn't nonetheless explain why the Germans in December 1941 did what they did, you would have thought that it would have been the best policy for them to tell the Americans, we had nothing to do with what happened in Pearl Harbor.
Starting point is 01:17:07 We weren't informed in advance. This isn't our work. If you want to be angry with someone, be angry with Japan. In fact, we know that the Germans didn't have advanced knowledge of Pearl Harbor. And yet, what did they do? They declared war on the United States. That was a crazy thing to do. Chohardi says, why do U.S. leaders think they are the center of everything?
Starting point is 01:17:31 We must bow down to them at every turn. Because the United States has for so many years been the center of everything. And it's very difficult when you find yourself in that position, just to accept that you no longer are the center of everything. It's just saying. Yeah. Bichena says why Israel government thinks Israel will survive a World War III? I don't know that they do, by the way. But my own sense is that the Israeli government is also becoming increasingly reckless in what it's doing. I mean, you know, I know there's a lot of people who are very critical of Israel in our community. And, you know, I can understand that.
Starting point is 01:18:14 Well, I remember previous Israeli leaders. I remember I remember people like. like, you know, Golden Mayor, for example. And she had much more control over what she did than the government we're seeing now and was more calculated in what she did than the government we see now. Yeah. Ignaki says, American Perp Walk,
Starting point is 01:18:41 Genocide Joe, Jake the Snake, and Bloody Blinking. It is surreal, great conversation, Oracle. Thanks a lot. And thanks for that very, very insightful comment. Jeff, Jeff Rook says, random, but I haven't heard anyone discuss it. Any thoughts on how Gaza is affecting anti-Semitism? I regularly hear it casually mention that Congress is beholden to APAC money and other things like that. But no one seems to notice the whole affair seems to be trying to prove asserted German leader right.
Starting point is 01:19:11 And I'm terrified at how many new neoblinks may currently be getting converted. I think that you are making a good point, actually. I think that a lot of things, a lot of comments are being made and words are spoken, which frankly make me extremely uncomfortable, just as they obviously make you uncomfortable. Another compelling reason, in my opinion, why we need a ceasefire in Gaza in order to bring this whole situation under control as fast as possible. Paul Dorofeyev says, do you find any merit in El-Eyans, barstool theory that the USD, Euro, and yen uphold the dollar hegemony, and if any leg falls, it all falls apart.
Starting point is 01:19:58 Yeah, I think he's right. I think he's absolutely right. If any part of that falls, the whole unstable stool collapses. Mr. Scott says, with sensible nationalism outlawed in the West and nonstop mass immigration leftism, is there a threat of a genuine far-right reaction occurring? Yes, of course there is. So evidently there is. If all options for, you know, sensible, reasonable change are closed down and called far right or far left if it comes to that,
Starting point is 01:20:35 then what you're going to see is political energy drift towards the real far right and the far left, because everybody who feels unhappy will say to themselves, well, we want to. change and that's the only place it will come from. Now that that's a well-known reality. The classic case study here is Italy in the late 19th century and early 20th century where the Italian political class entrenched itself conducted a policy known as transformismo which is a kind of policy of the aggressive liberal center. And what you ended up with was in Italy in the 1920s with a very powerful communist party and a very powerful fascist party, which eventually took over.
Starting point is 01:21:32 The Blue Noble says unrelated, this may seem a little wild, but what if Hamas pulls off another insane operation like October 7th and steals Israel's new clear weapons? I don't want to think about those kind of possibilities. I mean, they're so terrifying. If they ever happen, then as I said, we'll have to address them. But I don't want to think about those possibilities. I would have thought that all the precautions that one could imagine are being taken to prevent them. And I wonder whether, you know, there are people in Hamas who would want to find themselves in that kind of situation themselves.
Starting point is 01:22:17 But having said that, you know, let's hope nothing like that does happen, because then we really are moving towards apocalyptic outcomes. William says many things make sense with Garland Nixon's explanation that a key objective of the USA with Project Ukraine was to deindustrialize the UK and the EU. Yeah, absolutely. How does that benefit in the end, the United States? How does it benefit the United States to have weaker allies? of stronger ones. Just asking. I'm not denying the policy. Gallaud is obviously right. I come back to ask the question. What is the logic behind the policy? Because again, I don't see it. What in the world says when both U.S. parties sink on foreign policy and act contrary to their
Starting point is 01:23:10 usual base politics, be worried. Dark days are coming. Correct. Absolutely. None says, so I finally was able to catch a live show. Isn't the U.S. obligated to defend Taiwan, not due to any treaty, but because losing 90% of the world's microchip manufacturing would be fatal to the U.S. tech economy. You see, this is the great, this is what's so utterly frustrating. Would the Chinese want to attack Taiwan if they weren't being continuously provoked? They say no. They say what they want is to keep the situation. as it was, say 10 years ago.
Starting point is 01:23:47 Taiwan remains legally part of China. In practice, it goes its own way. Most of its trade is with China. The Chinese work towards one day achieving a peaceful reunification, and the matter doesn't involve the United States. If we're talking about an attack on Taiwan, what's going to provoke it?
Starting point is 01:24:12 Is the Americans coming in and starting to arm the Taiwanese. The Chinese have already said that is for them, the first red line, which mustn't be crossed, and they said that China won't sit on its hands if it does, if it is. Raphael says Russia is on her way to remove their ambassador out of the U.S. Russia is eliminating all U.S. personnel in Ukraine. Russia will not be intimidated.
Starting point is 01:24:39 You're quite right about this. They've already said, they have announced, actually, that they're thinking of reducing their diplomatic representation in the US, which is an astonishing thing. Even during the worst periods of the Cold War, we'd not seen anything like that. Stan Lippman says, at the start you said 100 worse than Afghanistan.
Starting point is 01:24:59 Since then, you've said as bad, 10 times as bad. What say you today? Well, I'm not sure when I said these things and what it was in relation to. But I mean, if you're talking about Ukraine, I mean, it would be orders of magnitude worse than Afghanistan. If you're talking about a conflict between China and the U.S., well, I'm not even going to make those comparisons because Afghanistan is like a firecracker compared to a blazing fire. Yeah, Paul Dorafea, thank you for that's a good chat. Tom somebody says, how much of the U.S. is nominal GDP is not tied to actual material, tangible wealth for exchange, for exchange will make. the US debt crisis, or does that matter?
Starting point is 01:25:44 Well, it matters a huge deal, a huge amount, and the answer is nobody knows. How can one know? How can one actually know? It's very difficult when you create a GDP that is made up that way to understand what is real and what is not. There is a lot of genuine economic activity in the United States. We shouldn't underestimate it. Whatever it is, the United States,
Starting point is 01:26:10 remains a major economic power. But his GDP figures have been goosed up now for a very, very long time. And when they're stripped down, it might not be such a pretty picture. Beverly Trout, thank you for that super sticker. Simon Ennefer says, interview Lou Luke Groman. His views on the U.S. fiscal position
Starting point is 01:26:33 are compelling, terrifying, labor government IMF on speed dial and buy Swiss francs cult. Yes. Commando Crossfire says anti-genocide is not anti-Semitism. The damage being done to the Jewish image is from Israel's genocide. They alone are solely responsible for any rebuke. I agree.
Starting point is 01:26:58 Sparky says, great work, fellas. Thank you. Gordon Soe says, keep it up. I listen to you both each day and night, no longer BBC or CNN for me. Thank you. And Superfly says, any update on the arch. Sea Route. Huge amount going on there, apparently.
Starting point is 01:27:17 I had a chat about this with Glenn D.son. Remember it's from Norway. And he says, surprise, surprise, major attempts to militarise the Arctic from the Western powers to stop the Russians developing the North Sea route. And of course, the Russians building up their own bases. And surprise, surprise, who are they inviting it to help them? Of course, the Chinese, of course. All right, Alexander, I know you have to do a hard stop.
Starting point is 01:27:45 Yeah. But we add into all the questions on all the platforms. One more from one says, do you think France wants to fight Russia because it is losing most of West Africa? Well, we've discussed this many times. I think that's a major part of the explanation. Putin himself thinks so. I think it's the whole of it.
Starting point is 01:28:04 I think part of it is anger that the Germans have, you know, gained so much more influence than Macron. It's also partly Macron's political problems in France. It's many things, but certainly Africa plays, anger over Africa plays an important role. So again, an irrational one. I mean, I was going to get lots of French soldiers killed in Ukraine to avenge the loss of West Africa.
Starting point is 01:28:35 It's bizarre. The children, their children lushing out. All right. Thank you to everyone. that watched us on Rockfin, Odyssey, Rumble, YouTube, and the duran.locals.com.
Starting point is 01:28:49 Thank you to all our moderators. Zarael, reckless abandon, Tish M, Peter, and who else? I think I'm missing somebody, or maybe not. All right. If I forgot someone,
Starting point is 01:29:08 I'm sorry, moderating. I'm looking through the moderator. Right now, thank you to our moderators and Alexander. And any quick final thoughts? It's a fantastic live stream in a very, very consequential week. These last 10 days, historians are going to be writing about 100, 200 years from now. They are that important in my opinion.
Starting point is 01:29:31 Wow. All right. Take care. Everybody. Thank you, Jihadi, for that super sticker. We'll end it on that note. Take care.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.