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Welcome back. 
Everyone. 

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Today on the Joseph Carlson 
show, Microsoft, is being sued 

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by the FTC, in order to stop the
Activision Blizzard transaction.

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Now, the FTC is claiming that 
Microsoft is going to buy up all

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these gaming companies. 
Make them exclusive on their 

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Xbox and do more of these 
monopolistic exclusionary 

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practices. 
I think this transaction is 

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likely to go through. 
I think Microsoft will win and 

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I'll explain why. 
We also have the CEO of Walmart 

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giving warning signs about the 
economy and consumer shopping as

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well as saying similar things to
the CEO, that theft is on the 

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rise. 
We're going to look at the 

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impact of theft on Wal-Mart's 
business and then, of course, 

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we're finally at the weekend 
again, and it's time to check in

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on Tick-Tock this time we have a
surprise change. 

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This is something that's 
actually doing something very 

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interesting. 
He's scamming scammers. 

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We're going to look at this 
video and see how this person is

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successfully scamming scammers. 
So obviously we have a lot to 

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jump into. 
Let's go ahead and start off 

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with the big news, which is 
Microsoft is being sued by the 

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FTC. 
Now I'll first say that I do 

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have Get in the game. 
I own quite a bit of Microsoft 

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stock. 
I think this is one of the best 

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if not maybe one of the top 
three companies in the world in 

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terms of overall qualities, 
Microsoft is an incredibly high 

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quality company. 
The company's heavily 

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Diversified and earns very high 
Returns on Capital employed. 

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This is a measurement for the 
quality of a business. 

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A business can continue to 
reinvest back into itself at 

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high returns. 
That's a big telling sign that 

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this company is a high quality 
company, a Microsoft earns 

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anywhere. 
From 20 plus percent Returns on 

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Capital employed, that is very 
high. 

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So overall, I'm bullish on this 
company. 

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I'm excited about Microsoft's 
future. 

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The one big bearish point that 
you can really argue about this 

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company in general and the big 
things that people will say 

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about Microsoft is it's just a 
little expensive, it's trading 

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at a 26 PE and I get those those
frustrations, this company's a 

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little bit pricey in my opinion,
over the grand scheme of things 

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over the next 10 to 15 years. 
I don't think this is too 

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expensive either. 
This is a fine price for this 

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level of quality in the 
business, especially considering

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the amount of cash that company 
generates. 

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But one thing that I've 
highlighted about this company 

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is their growth path part of how
they grow when they get to this 

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size, is through acquisition. 
And one of the companies that 

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Microsoft was excited to buy is 
Activision Blizzard, Microsoft 

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wanted to buy this company for a
$95 per share. 

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So the company right now is that
$75 per share, Microsoft is 

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saying we'll pay you 95 for it. 
It's a pretty A high price for 

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Activision Blizzard, but because
of their cloud computing because

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of how much access they can give
to so many gamers because of how

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big they could grow this 
business. 

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It's likely worth the price. 
Now, there's one problem with 

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this deal and it's this lady 
right here, the FTC chair Lena 

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con. 
She has made it her goal and her

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intentions to openly State 
basically how much she hates big

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Tech. 
She just doesn't like big 

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companies. 
Doesn't like that they grow. 

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So big doesn't like, how 
powerful they get, and she's 

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moved to a position where she A 
lot of power to interfere with 

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Big Tex Acquisitions. 
She's the chair of the Ft C 

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Lena, Khan has been against 
monopolies for a long period of 

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time. 
This is what she studied for a 

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lot of her life. 
There's right up from the New 

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Yorker last year. 
Looking into her history. 

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She says, quote, it's incredible
once you start studying industry

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structure and see how much 
consolidation there has been 

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across Industries, every nook 
and cranny of our economy has 

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Consolidated. 
I was discovering this new world

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at one point. 
She investigated the candy 

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Market I'm nearly 40 brands in 
her local store that were made 

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by Hershey's Mars and Nestle. 
In another project about the 

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raising poultry. 
She found that most Farmers had 

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to purchase chicks and feed from
the giant poultry processors 

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that bought their full grown 
chickens, which because it had 

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no local competitors could 
dictate the price, it paid for 

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them. 
What she brings up here is true.

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There has been a lot of 
consolidation throughout 

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Industries and Lena, Khan has 
put most of our focus on 

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companies like Amazon. 
And now Microsoft, and we have 

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some breaking news. 
Yesterday, that Microsoft is 

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being officially sued by Lena 
Khan in the FDC. 

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A man, the FTC is suing 
Microsoft over at 69 billion 

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dollar proposed acquisition of 
Activision. 

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This lawsuit based on this 
release were just getting. 

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Now aiming, it's saying mostly 
focusing on competition and 

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saying, Microsoft has a pattern 
of acquiring game studios to 

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Snuff out competition in the 
console Market. 

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What they point to the 
acquisition of zenimax, which 

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owns Bethesda softworks. 
Which they are using to make 

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exclusive titles on here. 
No, no word on this lawsuit yet 

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from Microsoft. 
But what they have said all 

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along is look, they are willing 
to a lot of this hinges on the 

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Call of Duty game, which is 
Activision's Chief moneymaker, 

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Sony, and some other Rivals have
complained that allowing this to

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go through, would give Microsoft
and unfair Advantage by making 

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those titles exclusive, that's 
right. 

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The majority of this case, 
revolves around the big title, 

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which is Call of Duty. 
Call of Duty, is the massive 

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online multiplayer game. 
That's first person shooters and

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they have a bunch of Different 
franchises under it and they're 

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all money printing machines. 
This company does so well with 

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this franchise, they just do 
iterative improvements to the 

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game every single year. 
They release it and refine it. 

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They do new experiences. 
And not only do they charge $60 

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for most of the games, but they 
also make money with 

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microtransactions, season passes
and lots of different ways of 

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monetizing on top of that. 
Call of Duty is incredibly 

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valuable IP for Activision 
Blizzard. 

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This new title that was 
released, for example, call, Of 

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Duty Modern Warfare 2 which is 
just one of the many Call of 

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Duty games. 
It surpassed 1 billion dollars 

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in sales in less than two weeks 
1 billion in sales and this is 

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not the only way they'll 
monetize it. 

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They'll keep making money with a
micro transactions and season 

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passes. 
So this shows you how valuable 

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this IP is. 
So the ftc's concern and Sony's 

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concern is that Microsoft will 
buy up, Activision Blizzard, 

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take the Call of Duty games, 
which are available on 

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platforms, like PlayStation, and
put them Lovely on the Xbox and 

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a very monopolistic. 
Anti-competitive way the FTC is 

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saying, quote Microsoft has 
already shown that it can and 

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will withhold content from its 
gaming Rivals. 

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Today, we seek to stop Microsoft
from Gaining control over a 

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leading independent game studio,
and using it to harm competition

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in multiple Dynamic and fast. 
Growing gaming markets, the 

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agency went on to say that 
Microsoft has made several 

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Bethesda games, including star 
field and red fall exclusive to 

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its own platform despite giving 
us. 

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Assurances to European antitrust
authorities that it would do 

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otherwise. 
Now if I had to guess right now 

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I think that the FTC loses this 
case and I think Microsoft wins 

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the reason why is because I 
think Microsoft simply has a 

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stronger case. 
The first thing that we can look

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at is the core of the ftc's 
complaint. 

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Their whole complaint is that 
Microsoft will buy up Activision

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Blizzard and make titles like 
Call of Duty which are right now

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available on PlayStation 
exclusive to the Xbox and do 

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that monopolistic game of just 
buying things putting them on 

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the Xbox only but my Soft. 
As already worked to preempt 

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this concern, they said that 
Microsoft extends off for to 

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Sony for a 10-year deal, over 
Call of Duty video game. 

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The deal here is that Microsoft 
agrees to release every single 

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Call of Duty game on the 
PlayStation for at least the 

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next decade Microsoft is saying 
that will put it in writing that

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we won't be monopolistic. 
In fact, we want to go out of 

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our way to make this game 
available to more platforms. 

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And it also doesn't make sense 
in a business sense to take it 

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off a PlayStation, that's where 
Call of Duty. 

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It's a lot of their sales, 
Microsoft is even going further 

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out of its way to make itself. 
Less monopolistic over its 

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titles. 
They say that they want to bring

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the game to the Nintendo switch 
for the next 10 years as well. 

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So not only on the PlayStation, 
but also on the Nintendo switch 

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in. 
This is why I think Sony's 

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actually throwing a fit over. 
This Sony is worried that 

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Microsoft is going to make their
games more available on 

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different devices. 
Outside of just the consoles, 

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Microsoft is going to make their
core titles, which right now are

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just on. 
Cuter PlayStation and Xbox, 

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they're going to make them 
available on the Nintendo as 

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well. 
And maybe on iPads for those who

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have been following, Microsoft's
overall gaming strategy, it is 

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the complete opposite of 
exclusionary. 

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What they're trying to do is 
make their games. 

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Basically ubiquitous a part of 
society in every single platform

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available. 
They say that Phil Spencer has 

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ambitious plans to grow its 
gaming business from primarily 

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Xbox consoles to cloud services 
subscription platforms. 

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And screens of all sizes. 
And if the game pass platform, 

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is the engine to make it happen.
The acquisition of Activision, 

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Blizzard is a major source of 
fuel. 

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So they want screens of all 
sizes anywhere, where you have a

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screen, whether that's your 
phone, your iPad, your Apple TV,

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whether it's the Nintendo switch
or whether it's the PlayStation,

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they want you to be able to 
enjoy Call of Duty. 

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And again, I think this is the 
reason that PlayStation does not

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want this to take place 
PlayStation is complaining about

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Microsoft and their monopolistic
practices while PlayStation has 

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a far more popular console than 
the Xbox. 

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And the PlayStation console is 
far more exclusionary than the 

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Xbox. 
And I think to argue that 

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Microsoft is being more 
exclusionary than PlayStation is

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going to be a very uphill battle
for the FDC and Microsoft knows 

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that while we believe in giving 
peace, a chance we have complete

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confidence in our case and 
welcome the opportunity to 

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present our case in court. 
He says that we've given peace a

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chance. 
Now it's time for war, we can go

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in and prove in court that we 
have the better case. 

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Microsoft is not backing down 
and we have the opportunity to 

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see a couple of the arguments 
that they may give in court. 

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Because recently Microsoft 
responded to a bunch of 

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different complaints from the EU
Regulators basically asserting 

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the same thing. 
They're reiterating PlayStations

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complaints. 
A lot of these complaints come 

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right from PlayStation, Sony 
PlayStation has been the largest

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console platform for over 20 
years with an install base of 

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over 150 million consoles. 
Making it larger than and tendo 

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and more than double the size of
Xbox. 

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Even Microsoft made Call of Duty
exclusive to the Xbox. 

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The numbers currently show that 
PlayStation gamer base would 

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still remain significantly 
larger than the Xbox's today. 

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Sony's also buying game studios 
they purchase bungee which made 

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Destiny to the developer for 
2022 Zelda and ring this 

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complements Sony's existing 
minority share and epic games 

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publisher of fortnight strong. 
First party game catalog and 

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extensive portfolio of exclusive
arrangements with third-party 

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Publishers. 
There were over 280 exclusive. 

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First and third party titles on 
Playstation in 2021. 

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So Sony is complaining. 
The Xbox, might make one or two 

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games exclusive when right now, 
Sony has over five times as many

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exclusive games and over double 
the amount of Gamers on their 

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platform and these rebuttals go 
on and on and I think they're 

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very strong arguments. 
Microsoft says they have no 

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intention to take Call of Duty 
away from Gamers indeed as 

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publicly committed, not to do 
so. 

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So Microsoft is pointing out 
that it doesn't even make 

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economic sense to take their 
game. 

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Off the PlayStation, they'd lose
like two-thirds of their revenue

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from these games and Microsoft 
goes on to take a shot at Sony's

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saying that Sony is not really 
worried about Microsoft taking 

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their games off. 
Sony what they're worried about 

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is making those games available 
to more Gamers on different 

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platforms and Sony Xbox plans to
make Call of Duty franchise 

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available, to more gamers in 
more ways than would have been 

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the case in the counterfactual. 
While this increased competition

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will benefit Gamers, it has not 
been welcomed by the market 

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leader. 
Sony remember, Sony has no 

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interest. 
They do not want the Call of 

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00:11:32,700 --> 00:11:35,700
Duty franchise to be available 
on the Nintendo switch. 

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Microsoft does, Sony doesn't one
of these companies is being 

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00:11:39,000 --> 00:11:42,300
monopolistic in a way that harms
consumers and that's Sony. 

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00:11:42,300 --> 00:11:44,500
So I really think the ftc's 
going to lose this battle. 

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00:11:44,600 --> 00:11:48,000
I don't see any way they win it.
They have a much weaker case, 

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00:11:48,100 --> 00:11:50,500
Microsoft can show that Sony is 
actually the one being 

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00:11:50,500 --> 00:11:52,600
monopolistic here. 
They're the one trying to make 

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all of their titles exclusive. 
They're trying to prevent 

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00:11:55,000 --> 00:11:58,200
Microsoft from putting the game 
on different devices, making it 

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more available more. - across 
gaming platforms. 

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I just think that the FTC has a 
very, very uphill battle here. 

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00:12:05,800 --> 00:12:08,800
Now, moving on, we got to talk 
about the economy and the Chance

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00:12:08,800 --> 00:12:11,500
was going into recession. 
Before that we have a quick 

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description below. 
Now, we just had Costco's 

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00:13:17,900 --> 00:13:20,400
earnings report, which is one of
the bigger Holdings in my 

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00:13:20,400 --> 00:13:24,100
portfolio and the CEO of Costco 
did note that there's some 

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00:13:24,100 --> 00:13:27,300
recessionary signs that he sing 
people are trading down with 

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00:13:27,300 --> 00:13:29,200
what they're buying and then we 
also had Walmart's earning 

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00:13:29,200 --> 00:13:31,400
report. 
Which was also fine but 

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00:13:31,400 --> 00:13:34,600
Walmart's a much bigger company 
than Costco is probably a better

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00:13:34,600 --> 00:13:36,700
measurement of how the overall 
economy is doing. 

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00:13:36,700 --> 00:13:39,000
Here's a CEO of Walmart talking 
about the current state of the 

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00:13:39,000 --> 00:13:41,500
economy and different shopping 
habits. 

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00:13:41,800 --> 00:13:44,700
We've got some customers who 
more budget-conscious that have 

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00:13:44,700 --> 00:13:46,800
been under inflation pressure. 
Now, for months. 

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00:13:47,100 --> 00:13:50,500
Now really started changing in 
March April of this year and 

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00:13:50,500 --> 00:13:53,900
that sustained pressure in some 
categories, I think is something

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00:13:53,900 --> 00:13:55,900
that customers are having to 
deal with as we approach 

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00:13:55,900 --> 00:13:58,500
Christmas. 
You also have though, a growing 

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00:13:58,500 --> 00:14:00,900
number of customers who make 
Over a hundred thousand dollars.

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00:14:00,900 --> 00:14:02,400
I think that's where a lot of 
Dave is coming. 

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00:14:02,400 --> 00:14:04,500
Yeah, a lot of our growth, the 
last couple of quarters has come

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00:14:04,500 --> 00:14:06,300
from people that are coming to 
Walmart to save money. 

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00:14:06,400 --> 00:14:09,800
So we're seeing an uptick in 
Shoppers making over a hundred 

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00:14:09,800 --> 00:14:11,900
thousand dollars shopping at 
Walmart. 

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00:14:12,100 --> 00:14:14,600
And I think these are Shoppers 
that are downgrading from the 

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00:14:14,600 --> 00:14:17,800
whole foods from the targets and
from the other high-margin 

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00:14:17,800 --> 00:14:21,100
stores going to the lowest 
margin stores, like Costco and 

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00:14:21,100 --> 00:14:24,100
Walmart, the next thing that the
Walmart's CEO talks about is a 

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00:14:24,100 --> 00:14:28,300
concern that Target highlighted 
as a huge problem, which is 

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00:14:28,300 --> 00:14:31,500
theft people just going into 
these stores and taking whatever

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00:14:31,500 --> 00:14:34,400
they can fit into their pockets 
walking out and stealing 

299
00:14:34,400 --> 00:14:36,900
whatever items they can concept 
is an issue. 

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00:14:36,900 --> 00:14:39,800
It's higher than what has 
historically been and we've got 

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00:14:39,800 --> 00:14:42,200
safety measures security 
measures that we put in place by

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00:14:42,200 --> 00:14:44,700
store location. 
I think local law enforcement 

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00:14:44,700 --> 00:14:48,300
being staffed and being a good 
partner is part of that equation

304
00:14:48,300 --> 00:14:49,700
and that's normally how we 
approach it. 

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00:14:49,700 --> 00:14:52,200
So lawmakers have made it in 
many cases so that you can still

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00:14:52,200 --> 00:14:55,100
a certain amount of items 
without facing harsh charges. 

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00:14:55,200 --> 00:14:57,500
You're not really faced with 
legal penalties, if you only 

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00:14:57,500 --> 00:15:00,800
still a small amount of items, 
Have been rules that have been 

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00:15:00,800 --> 00:15:02,700
changed. 
That make it, not something that

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00:15:02,700 --> 00:15:04,700
the police are going to 
prosecutor that. 

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00:15:05,100 --> 00:15:07,800
The criminals won't be 
prosecuted below certain levels,

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00:15:07,800 --> 00:15:09,800
does that matter. 
If that's not corrected over 

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00:15:09,800 --> 00:15:11,700
time prices will be higher, 
right? 

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00:15:11,700 --> 00:15:13,000
And or stores will close how 
much? 

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00:15:13,000 --> 00:15:15,300
This is something that I think a
lot of people don't understand. 

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00:15:15,400 --> 00:15:18,300
A lot of people justify stealing
stuff from stores like this, 

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00:15:18,600 --> 00:15:21,100
because they believe it's the 
company that takes to hit, but 

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00:15:21,100 --> 00:15:23,100
it's never the company that 
takes to hit. 

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00:15:23,100 --> 00:15:26,500
All it does is make prices 
higher across the board for 

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00:15:26,500 --> 00:15:28,100
everyone else. 
They're not stealing from 

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00:15:28,100 --> 00:15:29,600
Walmart as much as they are 
from. 

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00:15:29,700 --> 00:15:31,400
One else. 
Everyone else is paying for that

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00:15:31,400 --> 00:15:34,200
theft with higher prices or if 
there's too much crime across 

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00:15:34,200 --> 00:15:37,600
the board, it's too expensive 
for Walmart to operate, how they

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00:15:37,600 --> 00:15:40,700
function as a retailer and a 
police force. 

326
00:15:40,700 --> 00:15:43,900
So they can only do one of those
things if it gets so bad. 

327
00:15:43,900 --> 00:15:46,200
That so many things are getting 
stolen, they'll just closed the 

328
00:15:46,208 --> 00:15:48,500
location entirely. 
So right now between all the 

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00:15:48,500 --> 00:15:51,500
Retailer's, I'm happy, owning 
Costco, I think this one's very 

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00:15:51,500 --> 00:15:53,700
defensive. 
I think the value proposition 

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00:15:53,700 --> 00:15:57,000
will make it recessionary 
resistant and it's not one 

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00:15:57,000 --> 00:15:59,300
that's easy to steal from 
because of the way that cost 

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00:15:59,300 --> 00:16:01,300
Coast. 
Pictures their stores companies 

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00:16:01,300 --> 00:16:03,100
like Target. 
I think will struggle a little 

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00:16:03,100 --> 00:16:04,900
bit more. 
I know this is one of my 

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00:16:04,900 --> 00:16:07,600
Holdings but it's one that I'm a
little bit more concerned about 

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00:16:07,600 --> 00:16:10,600
going into 2023. 
And I think that retailers like 

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00:16:10,600 --> 00:16:13,400
Dollar General and Walmart will 
do better in a struggling 

339
00:16:13,400 --> 00:16:15,300
economy. 
Now, moving on, we finally got 

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00:16:15,300 --> 00:16:18,100
to the weekend, it's time to 
check in on Tick-Tock. 

341
00:16:18,100 --> 00:16:19,500
This is where we get the best 
tips. 

342
00:16:19,700 --> 00:16:23,300
The best advice across the web 
is with these short tick-tocks. 

343
00:16:23,300 --> 00:16:25,700
This one's actually a little bit
surprising because most of these

344
00:16:25,700 --> 00:16:29,200
tick-tocks that I've highlighted
are just awful, but this is one 

345
00:16:29,200 --> 00:16:33,000
where This individual has worked
hard to get Vengeance on 

346
00:16:33,000 --> 00:16:35,000
scammers. 
Listen to his little reverse 

347
00:16:35,000 --> 00:16:37,900
scam that he's come up with. 
I'm going to show you how I scam

348
00:16:37,900 --> 00:16:40,400
scammers. 
I find scammers easily by going 

349
00:16:40,400 --> 00:16:43,600
to any video related to finance 
or investment and they usually 

350
00:16:43,600 --> 00:16:46,500
list a WhatsApp number that they
want you to message. 

351
00:16:46,500 --> 00:16:49,600
Those are the exact type of 
messages that I receive on. 

352
00:16:49,600 --> 00:16:53,500
Basically every video, they'll 
be spammed with comments that 

353
00:16:53,500 --> 00:16:56,500
say contact Joseph Carlson's 
WhatsApp. 

354
00:16:56,700 --> 00:16:59,400
Spoiler alert, I don't have a 
WhatsApp anytime. 

355
00:16:59,700 --> 00:17:02,900
Wants to contact you on WhatsApp
and they say that their deals of

356
00:17:02,900 --> 00:17:04,500
Carlson. 
It's not me. 

357
00:17:04,599 --> 00:17:06,800
So what he's doing here is 
contacting these obvious 

358
00:17:06,800 --> 00:17:09,000
scammers. 
I then message them saying that 

359
00:17:09,000 --> 00:17:11,700
I'm ready to invest here. 
I said that I have 20,000 

360
00:17:11,700 --> 00:17:14,599
dollars and I'm ready to give it
to him and he's like, well I can

361
00:17:14,599 --> 00:17:17,599
return a hundred forty thousand 
dollars by the end of the week. 

362
00:17:17,700 --> 00:17:21,599
Wow that's a great investment. 
I then send the scammer, a video

363
00:17:21,599 --> 00:17:23,900
of me, sending them to ten 
thousand dollars on cash app 

364
00:17:23,900 --> 00:17:26,700
just like this. 
Except this isn't cash app know,

365
00:17:26,700 --> 00:17:29,300
it's a fake version. 
I programmed. 

366
00:17:29,600 --> 00:17:32,600
And to the scammer, it looks 
like I said ten thousand dollars

367
00:17:32,600 --> 00:17:35,200
but it also looks like that cash
app is holding the money away 

368
00:17:35,200 --> 00:17:38,300
from the scammer because the 
amount is too large and I've 

369
00:17:38,300 --> 00:17:39,600
never set money this person 
before. 

370
00:17:39,600 --> 00:17:42,700
So this guy went through all the
effort of programming, this fake

371
00:17:42,700 --> 00:17:46,800
cash app app, then it records 
himself sending the scammer, a 

372
00:17:46,800 --> 00:17:50,500
fake ten thousand dollars which 
is fake app says, hey that 

373
00:17:50,500 --> 00:17:53,200
person needs to send you $50 to 
release this money. 

374
00:17:53,200 --> 00:17:56,700
This is literally how these 
scams work, there's always a 

375
00:17:56,700 --> 00:17:59,600
big, a big pile of gold at the 
end of the rainbow. 

376
00:18:00,000 --> 00:18:02,200
And to get that pile of gold, 
you just have to give a little 

377
00:18:02,200 --> 00:18:05,100
bit of money right now. 
That's what these scammers do 

378
00:18:05,300 --> 00:18:08,200
and is doing the exact same 
thing against them and because 

379
00:18:08,200 --> 00:18:11,000
these scammers are so greedy. 
So willing to rip people off, 

380
00:18:11,100 --> 00:18:14,200
they're willing to pay the $50, 
you know, for security purposes 

381
00:18:14,200 --> 00:18:15,800
and one after another, they send
me money. 

382
00:18:15,900 --> 00:18:17,800
And then he has a whole list of 
these scammers that have sent in

383
00:18:17,800 --> 00:18:21,200
between $50 and $75. 
So my first reaction here is 

384
00:18:21,200 --> 00:18:23,200
this is a bit genius. 
The fact that he was able to 

385
00:18:23,200 --> 00:18:25,400
create this fake app and be able
to make it. 

386
00:18:25,400 --> 00:18:28,300
So these scammers get a little 
bit of their own medicine, I 

387
00:18:28,300 --> 00:18:31,300
think is remarkable. 
One note on this though, I'm 

388
00:18:31,300 --> 00:18:33,700
pretty sure this is also 
illegal. 

389
00:18:33,700 --> 00:18:37,300
I don't think it's legal to scam
people even if they're bad 

390
00:18:37,300 --> 00:18:40,000
people and even if they're 
trying to scam you. 

391
00:18:40,000 --> 00:18:42,000
So even though I don't think 
anyone's going to go out of 

392
00:18:42,000 --> 00:18:44,000
their way to press charges 
against them. 

393
00:18:44,100 --> 00:18:46,300
I wouldn't advise doing this. 
I think it's probably against 

394
00:18:46,300 --> 00:18:49,000
the law, but even so I can't 
say, I feel too bad for these 

395
00:18:49,000 --> 00:18:50,200
people. 
Now, that's all for this 

396
00:18:50,200 --> 00:18:51,700
episode. 
I hope you enjoyed and I'll see 

397
00:18:51,708 --> 00:18:31,300
you in the next one. 
One note on this though, I'm 

398
00:18:31,300 --> 00:18:33,700
pretty sure this is also 
illegal. 

399
00:18:33,700 --> 00:18:37,300
I don't think it's legal to scam
people even if they're bad 

400
00:18:37,300 --> 00:18:40,000
people and even if they're 
trying to scam you. 

401
00:18:40,000 --> 00:18:42,000
So even though I don't think 
anyone's going to go out of 

402
00:18:42,000 --> 00:18:44,000
their way to press charges 
against them. 

403
00:18:44,100 --> 00:18:46,300
I wouldn't advise doing this. 
I think it's probably against 

404
00:18:46,300 --> 00:18:49,000
the law, but even so I can't 
say, I feel too bad for these 

405
00:18:49,000 --> 00:18:50,200
people. 
Now, that's all for this 

406
00:18:50,200 --> 00:18:51,700
episode. 
I hope you enjoyed and I'll see 

407
00:18:51,708 --> 00:18:52,400
you in the next one.