1 00:00:38,560 --> 00:00:43,040 A good opening question is why is this such a difficult nut to 2 00:00:43,040 --> 00:00:46,600 crack? Well, I think there are many 3 00:00:46,600 --> 00:00:51,200 reasons, but most of all it's, it's China is culturally 4 00:00:51,200 --> 00:00:53,200 distant. It's geographically and 5 00:00:53,200 --> 00:00:57,400 culturally distant from most of the Western, especially Anglo 6 00:00:57,960 --> 00:01:01,920 English speaking world, right. You know from where you are, you 7 00:01:01,920 --> 00:01:04,239 are, you are. Even though South Africa is part 8 00:01:04,239 --> 00:01:07,240 of the BRICS, we're still a continent apart. 9 00:01:07,360 --> 00:01:09,200 And you know, forget about America. 10 00:01:09,200 --> 00:01:11,680 It's like this whole Pacific Ocean. 11 00:01:12,080 --> 00:01:15,920 And a lot of people, there's just a lot of general ignorance 12 00:01:15,920 --> 00:01:18,400 about China. And because of that, I think to 13 00:01:18,400 --> 00:01:22,720 fill in the blank, it's easy for propaganda to take take its 14 00:01:22,720 --> 00:01:25,480 place, to take place of like real information. 15 00:01:25,480 --> 00:01:29,200 A lot of people, they will have 4 very strong opinions about 16 00:01:29,200 --> 00:01:31,000 China. Even though they may have never 17 00:01:31,000 --> 00:01:33,720 been to China or they don't read Chinese. 18 00:01:34,800 --> 00:01:38,680 So they, they receive a lot of so-called, you know, receive 19 00:01:38,680 --> 00:01:43,560 wisdoms from their media or from, you know, quote UN quote 20 00:01:43,560 --> 00:01:48,440 alternative news channel they trust, which might not always be 21 00:01:48,440 --> 00:01:52,360 the, you know, most objective and impartial. 22 00:01:52,920 --> 00:01:54,480 That's what why we're here, right? 23 00:01:54,480 --> 00:01:57,640 Because I'm, I'm trying to provide some Chinese perspective 24 00:01:57,640 --> 00:02:03,320 as a person who was born in China, you know, back in 1976 25 00:02:03,360 --> 00:02:07,280 after one month after Mao died. So I grew up in China. 26 00:02:07,320 --> 00:02:09,840 As good old days. Yeah, like good old good old 27 00:02:09,840 --> 00:02:11,880 days. Like I I grew up in China as the 28 00:02:11,920 --> 00:02:15,200 first post Cultural Revolution. Chinese, Yeah. 29 00:02:15,200 --> 00:02:17,320 I can tell you all about the good old days. 30 00:02:17,760 --> 00:02:20,520 And so I, I have, I have my perspective. 31 00:02:20,520 --> 00:02:22,680 I, I grew up in China in the 1980s. 32 00:02:22,680 --> 00:02:26,360 I have a very happy childhood. You know, I, This is why I've 33 00:02:26,560 --> 00:02:29,520 always have very fond memories of China. 34 00:02:29,520 --> 00:02:32,520 And I, I, I, you know, I've been visiting, visiting China on and 35 00:02:32,520 --> 00:02:34,200 off. Last time I was there, it was 36 00:02:34,320 --> 00:02:39,160 this year, in fact, in, in April, April and early May. 37 00:02:39,440 --> 00:02:43,480 So, and every time I, I go there, it's actually like a 38 00:02:43,480 --> 00:02:48,200 visiting a different place because the, the pace of change 39 00:02:48,200 --> 00:02:53,440 in China happened so rapidly. I remember the the the former 40 00:02:53,440 --> 00:02:58,560 Czech president, what's his name, Pavel Havel, he said China 41 00:02:58,560 --> 00:03:02,520 changed so fast for us, changes too fast for us to be 42 00:03:02,520 --> 00:03:05,360 astonished. And I think that's exactly it, 43 00:03:05,360 --> 00:03:09,400 because a lot of the people, they may have heard from someone 44 00:03:09,400 --> 00:03:15,520 who been to China maybe in the 1990s or in the early 2000, but 45 00:03:15,520 --> 00:03:18,880 that China is gone. That's that China doesn't exist 46 00:03:18,880 --> 00:03:19,760 anymore. That's. 47 00:03:19,760 --> 00:03:23,480 Like because it's it's. China had changed so fast, it 48 00:03:23,480 --> 00:03:26,400 might as well be like a generation ago, right? 49 00:03:26,400 --> 00:03:31,560 Like my, my little cousin who were more than 20 years apart 50 00:03:31,760 --> 00:03:35,760 and her, the world she grew up in in China is completely 51 00:03:35,760 --> 00:03:37,640 different world from the one I grew up in. 52 00:03:37,640 --> 00:03:42,160 And, and she is actually the, the zoomer population of China 53 00:03:42,160 --> 00:03:44,200 or the late millennials in China. 54 00:03:44,400 --> 00:03:49,120 They are the first generation in China that grew up in with 55 00:03:49,120 --> 00:03:52,440 abundance with like. They can take abundance for 56 00:03:52,440 --> 00:03:55,480 granted. When I grew up in China, let me 57 00:03:55,480 --> 00:03:58,360 tell you, I I had to live with ration papers. 58 00:03:58,800 --> 00:04:02,400 I live in an age with rations where you need ration paper for 59 00:04:02,400 --> 00:04:06,360 everything, for rice, for sugar, for cooking oil. 60 00:04:06,680 --> 00:04:11,560 And my, my, my, my auntie would send me to at that time. 61 00:04:11,560 --> 00:04:14,040 You can't just go to a supermarket to get rice, you go 62 00:04:14,040 --> 00:04:17,519 to government. Government approved rice station 63 00:04:17,920 --> 00:04:22,320 to get rice with your ration papers and I I, I get most of 64 00:04:22,320 --> 00:04:25,160 the ration in the family because that was a growing teenager, so 65 00:04:25,160 --> 00:04:28,080 actually get the most allotment of rice. 66 00:04:28,360 --> 00:04:31,320 And I will be the one who tasked to go to the government rice 67 00:04:31,320 --> 00:04:35,120 station to haul back like, you know, 20 kilos of rice back 68 00:04:35,120 --> 00:04:37,720 home. Yeah, of course, I back then 69 00:04:37,720 --> 00:04:39,960 there's also no car. So I I did it all. 70 00:04:40,040 --> 00:04:44,000 Like on my back and walking up and down the mountains. 71 00:04:45,520 --> 00:04:48,320 Back in the days, yeah. No, I'm not. 72 00:04:48,320 --> 00:04:49,240 Kidding. I'm not kidding. 73 00:04:49,320 --> 00:04:51,920 I'm not kidding about up and down the mountains, by the way, 74 00:04:51,920 --> 00:04:54,640 because I live in, yeah, I live in Chongqing. 75 00:04:54,920 --> 00:04:57,400 Chongqing, for people who don't know, it's a very mountainous 76 00:04:57,400 --> 00:04:59,240 city. The whole city is built on top 77 00:04:59,240 --> 00:05:01,920 of the mountains. So there's a quite great 78 00:05:01,920 --> 00:05:04,800 variation of elevation within the city. 79 00:05:04,800 --> 00:05:09,600 So like the, the Rice Nation is actually like, it's like I have 80 00:05:09,600 --> 00:05:14,240 to climb to go to the rice station and come back down. 81 00:05:14,800 --> 00:05:17,680 So I I was not kidding about going up the mountains to get 82 00:05:17,680 --> 00:05:20,880 rice. Yeah, call just before we go any 83 00:05:20,880 --> 00:05:23,240 further because you know, we have to bring this up. 84 00:05:23,920 --> 00:05:29,200 You and I are obviously both funded by the CCP and we, we are 85 00:05:29,200 --> 00:05:33,080 we are government shells. So everything that we say is, of 86 00:05:33,080 --> 00:05:36,120 course, Chinese propaganda. Yes, I'm, I'm still waiting for 87 00:05:36,120 --> 00:05:38,760 my checks to clear from Xi Jinping. 88 00:05:39,720 --> 00:05:44,080 I told him to put put in the mail last time, but you know, 89 00:05:44,080 --> 00:05:45,640 I'm still waiting for that to clear. 90 00:05:46,120 --> 00:05:49,520 Yeah. Also, I deliberately said CCP 91 00:05:49,920 --> 00:05:52,720 because we know that that is the, that's the dog whistle. 92 00:05:52,720 --> 00:05:56,760 If someone says CCP we we already know that we have to 93 00:05:56,760 --> 00:05:59,760 look at them with the, with the, with the, with the, with an evil 94 00:05:59,760 --> 00:06:01,680 eye. Right, it's true. 95 00:06:01,680 --> 00:06:05,520 I mean the official English translation is Communist Party 96 00:06:05,520 --> 00:06:09,560 of China, so CPC. I mean in Chinese it doesn't 97 00:06:09,560 --> 00:06:14,320 really matter but I think in English they every time they 98 00:06:14,320 --> 00:06:18,080 mention CCP it's like. CCP is going to take over the 99 00:06:18,080 --> 00:06:20,560 world. CCP is sabotaging your 100 00:06:20,560 --> 00:06:22,760 government. CCP is listening to you. 101 00:06:23,480 --> 00:06:25,160 But you know what? That's the point. 102 00:06:25,200 --> 00:06:30,720 That's the point called when the the term CCP originates, I think 103 00:06:30,720 --> 00:06:34,320 out of the West. Not If someone says CPC, you 104 00:06:34,320 --> 00:06:37,000 know that they probably know something about China, right? 105 00:06:38,160 --> 00:06:39,640 Correct. That's fair. 106 00:06:40,240 --> 00:06:42,560 Yeah. So anyway, yeah, I, I have a 107 00:06:42,560 --> 00:06:44,480 Direct Line to Xi Jinping, right? 108 00:06:44,480 --> 00:06:47,000 I get my, that's where I get my instructions, they told me. 109 00:06:47,200 --> 00:06:51,080 To go to Germs Show this week, you're going to you're going to 110 00:06:51,120 --> 00:06:53,680 receive your. Or else you're going to be shot. 111 00:06:54,760 --> 00:06:56,400 Yes, yes. But that's the other thing about 112 00:06:56,400 --> 00:06:59,440 trying to that's the other thing about trying to debunk myths 113 00:06:59,440 --> 00:07:02,280 like this. So I'm fascinated by by China. 114 00:07:02,680 --> 00:07:06,440 As somebody who is an African, the whole world fascinates me 115 00:07:06,440 --> 00:07:08,680 because we are so behind everything, right? 116 00:07:10,560 --> 00:07:15,760 And for the longest time called I believed all the nonsense 117 00:07:15,760 --> 00:07:20,440 about China and, and it's only in recent years we are decided. 118 00:07:20,440 --> 00:07:24,320 I wanted to challenge my own understanding what I had been 119 00:07:24,320 --> 00:07:28,200 fed. And it's almost like it's 120 00:07:28,600 --> 00:07:32,640 completely inverted. It's easy. 121 00:07:32,640 --> 00:07:39,000 It's easy to to believe because, you know, otherwise a lot of 122 00:07:39,000 --> 00:07:42,400 people just don't have any information about China. 123 00:07:42,400 --> 00:07:46,600 So you kind of whoever fills that blank sheet is going to, 124 00:07:46,840 --> 00:07:49,200 you know that. And usually that's the 125 00:07:49,200 --> 00:07:54,040 mainstream legacy media or some quote, UN quote alternative 126 00:07:54,120 --> 00:07:58,360 media that turns out to be founded by like NEDUSAID or, you 127 00:07:58,360 --> 00:08:00,320 know, all these three letter agencies. 128 00:08:00,720 --> 00:08:05,160 And, and those, those, those are ones that actually doing the 129 00:08:05,160 --> 00:08:10,080 most numbers on, on place like YouTube, because they're also 130 00:08:10,160 --> 00:08:12,320 kind of tell people what they want to hear. 131 00:08:12,640 --> 00:08:16,560 Because especially as China start to rise and China's grow 132 00:08:16,880 --> 00:08:21,000 in importance in the world now there's a lot of copium that's 133 00:08:21,000 --> 00:08:23,400 been produced about China, especially in the West. 134 00:08:24,000 --> 00:08:28,480 You know, like they, they don't want to, you know, they, they 135 00:08:28,480 --> 00:08:33,120 don't want the, the automatic is almost automatic rejection to 136 00:08:33,120 --> 00:08:35,240 reject anything positive about China. 137 00:08:36,200 --> 00:08:38,640 People kind of put a like a negative spin on it. 138 00:08:38,840 --> 00:08:44,280 There must be something kind of like there's there's there's 139 00:08:44,280 --> 00:08:50,280 must be some dark insidious reason behind the rise of China 140 00:08:50,280 --> 00:08:56,000 and there must be like some bad, potentially ominous impact of 141 00:08:56,000 --> 00:08:59,240 rise of China. And I think it's also serves to 142 00:08:59,240 --> 00:09:03,680 distract from the political realities at home, particularly 143 00:09:03,680 --> 00:09:06,480 in the West. I mean, especially in USI work. 144 00:09:06,480 --> 00:09:09,280 That's that's a place where I live for almost 30 years. 145 00:09:09,600 --> 00:09:13,840 And and I think for most Americans living in the US, it's 146 00:09:13,840 --> 00:09:16,360 obvious to them the place is dysfunctional. 147 00:09:16,680 --> 00:09:21,080 I mean, we have a freaking TV reality TV show. 148 00:09:21,080 --> 00:09:24,920 Host as a president and then, and then. 149 00:09:26,080 --> 00:09:32,480 But what they don't want you to? See, is that OK, that China is 150 00:09:32,480 --> 00:09:35,880 doing something differently, you know, rather than plowing 151 00:09:36,280 --> 00:09:39,920 trillions of dollars into funding wars around the world 152 00:09:40,080 --> 00:09:44,040 that you can actually invest in your own infrastructure and 153 00:09:44,040 --> 00:09:47,240 education and propel the country forward? 154 00:09:47,680 --> 00:09:49,240 They don't want you to think about that. 155 00:09:49,240 --> 00:09:52,760 You know, instead they, they put out the information to convince 156 00:09:52,760 --> 00:09:56,520 you, yes, yes, United States might be bad, yes, yes, Europe 157 00:09:56,520 --> 00:09:59,280 might be dysfunctional, but China is much, much worse, much, 158 00:09:59,280 --> 00:10:01,560 much darker. Do not look to China as an 159 00:10:01,560 --> 00:10:03,000 alternative. Don't do it. 160 00:10:03,000 --> 00:10:05,520 You know, it's, it's bad. It's it's, it's worse, in fact. 161 00:10:05,800 --> 00:10:09,160 So I think that that's the purpose of those propaganda. 162 00:10:09,480 --> 00:10:13,200 And This is why I highly encourage people to actually go 163 00:10:13,200 --> 00:10:17,680 travel to China, you know, to, to, to let your lying eyes 164 00:10:17,680 --> 00:10:20,360 convince you, you know what, what is reality? 165 00:10:20,360 --> 00:10:21,240 I mean you. You. 166 00:10:22,120 --> 00:10:25,160 You, you kind of travel to the periphery of China. 167 00:10:25,560 --> 00:10:28,000 Hong Kong is part of China now. It's still a little bit 168 00:10:28,000 --> 00:10:30,240 different from mainland China, but at least you got there. 169 00:10:30,440 --> 00:10:32,680 You know, you, you, you, you have, you have seen. 170 00:10:32,920 --> 00:10:35,040 You have seen what the yeast is like. 171 00:10:35,640 --> 00:10:40,040 Unlike most people. But Carl, you know that 172 00:10:40,040 --> 00:10:42,560 someone's going to ask. Yes, but why then did you leave 173 00:10:42,560 --> 00:10:44,480 China? Why are you living in the US? 174 00:10:45,200 --> 00:10:46,440 OK, that's, that's a good question. 175 00:10:46,440 --> 00:10:49,800 That's a fair question. Well, my dad traveled to United 176 00:10:49,800 --> 00:10:53,840 States in 1985. He was the first post Cultural 177 00:10:53,840 --> 00:10:58,480 Revolution generation of Chinese students that was sent abroad. 178 00:10:58,760 --> 00:11:01,960 So back in the 1980s. Then Xiaoping said, OK, we, we 179 00:11:01,960 --> 00:11:06,720 got to send Chinese students are brought to learn because like 180 00:11:06,720 --> 00:11:10,880 China has fallen behind in in science and in development. 181 00:11:11,080 --> 00:11:14,480 So we need to go to to send students to the Western 182 00:11:14,480 --> 00:11:18,240 countries to learn advanced technology, learn the, the, the 183 00:11:18,560 --> 00:11:22,560 advanced management methods, you know, whatever. 184 00:11:23,120 --> 00:11:26,080 But he and he also said, I understand most of them will 185 00:11:26,080 --> 00:11:30,600 never come back just because in the 1980s China was very poor 186 00:11:30,640 --> 00:11:34,240 and obviously you can get much more paying jobs in the West. 187 00:11:34,480 --> 00:11:36,320 You say it's okay. It's okay that most of them 188 00:11:36,320 --> 00:11:39,920 don't come back. Even if 20% of them do come 189 00:11:39,920 --> 00:11:42,160 back, that would be a net plus for us. 190 00:11:42,480 --> 00:11:45,200 You know, it's, it's, it's, it's, it's better than 0. 191 00:11:45,680 --> 00:11:50,480 And so my dad did go to United States to study for his PhD and 192 00:11:50,800 --> 00:11:57,760 they brought me to US in 1989. So 1989 was the, the year of the 193 00:11:57,760 --> 00:12:01,240 Tiananmen Square protest. So my dad did not agree with the 194 00:12:01,240 --> 00:12:03,280 government, how the government handled the Tiananmen Square 195 00:12:03,280 --> 00:12:05,160 protest. So they decide not to come back 196 00:12:05,160 --> 00:12:07,880 to China. And then they brought me to 197 00:12:07,880 --> 00:12:10,600 United States. So that's, that's how I, I ended 198 00:12:10,600 --> 00:12:14,320 up in US as a teenager and like I was 13 years old. 199 00:12:14,360 --> 00:12:21,640 And, and one thing that start to change, though, is by, I think 200 00:12:22,200 --> 00:12:25,880 most of them, my dad's Chinese classmates, they also stay in 201 00:12:25,880 --> 00:12:28,640 the US after they graduated, they went to the, you know, they 202 00:12:28,640 --> 00:12:32,680 got green card, got citizenship, this they joined the US 203 00:12:32,680 --> 00:12:35,960 corporate world. But after about 10 or 20 years, 204 00:12:35,960 --> 00:12:39,080 many of them kind of hit like. Hit the the glass. 205 00:12:39,080 --> 00:12:43,160 Ceiling or or or bamboo ceiling because they find themselves can 206 00:12:43,160 --> 00:12:47,160 no longer rise to the top to the top management for various 207 00:12:47,160 --> 00:12:50,760 reasons. And then then this coincided 208 00:12:51,400 --> 00:12:56,120 around 2000, early 2000 to 2010 when Chinese economy start 209 00:12:56,120 --> 00:12:58,760 taking off. So many, the most ambitious one 210 00:12:59,320 --> 00:13:03,520 do return to China because they realize in China the sky is the 211 00:13:03,520 --> 00:13:05,720 limit. They can, they can be CE OS, 212 00:13:05,720 --> 00:13:07,680 they can be founder of companies. 213 00:13:08,840 --> 00:13:12,080 You know, there's not, none of that restriction they face in 214 00:13:12,080 --> 00:13:14,960 the West. You know, like example, I I 215 00:13:14,960 --> 00:13:19,360 think for people might be familiar with is the founder of 216 00:13:19,360 --> 00:13:22,240 TSMC Taiwan Semiconductors, Morris Chen. 217 00:13:22,240 --> 00:13:25,400 I mean, this, this he's he went to Taiwan by very similar 218 00:13:25,400 --> 00:13:27,880 circumstances. So, so Morris Chen was born in 219 00:13:27,880 --> 00:13:31,640 China then he when he was a little kid, you know, he, he 220 00:13:31,640 --> 00:13:35,200 immigrated to the United States because the communists won on 221 00:13:35,200 --> 00:13:41,840 mainland and he was, you know, he was a very important top 222 00:13:41,840 --> 00:13:44,520 management in, in Texas Instrument, which is a big tech 223 00:13:44,520 --> 00:13:48,960 company in United States. But after a while, he realized 224 00:13:49,080 --> 00:13:51,160 he wants a top job. He wants the CEO. 225 00:13:51,920 --> 00:13:56,040 But after, afterwards, even though after all everything he 226 00:13:56,040 --> 00:13:59,120 did for Texas Instrument, he realized they're not going to 227 00:13:59,120 --> 00:14:02,840 give him that top job, you know, And so, you know, whether 228 00:14:02,840 --> 00:14:06,080 because he's Chinese or whatever, but he wasn't going to 229 00:14:06,080 --> 00:14:08,560 get that top job. And at that time, the Taiwan 230 00:14:08,560 --> 00:14:11,240 government approached him and said, hey, we're going to give 231 00:14:11,240 --> 00:14:13,840 you tons of money. We're going to give you a lot of 232 00:14:13,840 --> 00:14:19,160 tax incentives for you to open the semiconductor business in 233 00:14:19,160 --> 00:14:22,480 Taiwan. You know, using your experience 234 00:14:22,520 --> 00:14:25,640 in the industry and your connections in USI think we can 235 00:14:25,640 --> 00:14:27,160 make a success. So that's what he did. 236 00:14:27,280 --> 00:14:31,160 So now Taiwan Semiconductors is like the one of the most 237 00:14:31,160 --> 00:14:34,640 valuable firm in the world because they produce the most 238 00:14:34,640 --> 00:14:36,960 advanced semiconductor chips that everybody needs. 239 00:14:37,160 --> 00:14:40,760 But this this same kind of process was playing out with 240 00:14:40,760 --> 00:14:43,920 mainland China as well. A lot of the Chinese talent went 241 00:14:43,920 --> 00:14:47,760 back to China, China because that's where the opportunity is 242 00:14:47,760 --> 00:14:51,680 that that's where they can, you know, they, they, they can get 243 00:14:51,680 --> 00:14:55,080 higher achievement. And this is kind of the 244 00:14:55,080 --> 00:14:58,480 fundamental understanding the West about China stealing 245 00:14:58,480 --> 00:15:01,240 technology, quote, UN quote. I mean, I'm pretty sure 246 00:15:01,560 --> 00:15:03,520 industrial espionage does happen. 247 00:15:03,560 --> 00:15:04,720 I mean, that that happened everywhere. 248 00:15:04,720 --> 00:15:08,160 But the real process of knowledge transfer is these 249 00:15:08,160 --> 00:15:11,560 Chinese students who were sent out by Deng Xiaoping back in the 250 00:15:11,560 --> 00:15:14,360 80s, even though Deng Xiaoping knew most of them will not 251 00:15:14,360 --> 00:15:21,160 return within his lifetime, but many of them did after 2220 tens 252 00:15:21,160 --> 00:15:24,720 when China economy start taking off and they brought back the 253 00:15:24,720 --> 00:15:28,160 knowledge and you know, the experience again, working the 254 00:15:28,160 --> 00:15:31,040 Western companies and that, that's, that's kind of the main, 255 00:15:31,040 --> 00:15:35,920 main driver for, for kind of the, the, the, the, the, the 256 00:15:35,960 --> 00:15:40,200 technology transfer that did take place between China and 257 00:15:40,200 --> 00:15:43,680 West. And I don't know, I, I, I feel 258 00:15:43,680 --> 00:15:45,720 like I went off on tangent because we're, I'm worried I'm 259 00:15:45,720 --> 00:15:47,680 you're just going everywhere. But but it doesn't. 260 00:15:47,680 --> 00:15:50,840 Matter No your your your espionage comment is actually 261 00:15:50,840 --> 00:15:56,960 very good because the Chinese hyper what what do you call them 262 00:15:56,960 --> 00:16:02,000 hyper fast rail railways trains that they are currently building 263 00:16:02,000 --> 00:16:06,360 yeah yeah apparently a lot of that tech comes from Japan now I 264 00:16:06,360 --> 00:16:08,600 don't really have a. Problem and Germany. 265 00:16:08,600 --> 00:16:10,840 Yeah, I don't have a problem with this because it's better 266 00:16:10,840 --> 00:16:15,280 for people. Well, well that that technology 267 00:16:15,800 --> 00:16:18,640 is not stolen. That was bought. 268 00:16:18,640 --> 00:16:24,000 It was when so back in 2000 O 8, when China started to this 269 00:16:24,000 --> 00:16:27,800 massive banishing of their high speed rail project, they invited 270 00:16:27,800 --> 00:16:30,360 different Western companies to bid for the project. 271 00:16:30,360 --> 00:16:34,600 So including Simon's from Germany, the including Japan, 272 00:16:34,920 --> 00:16:37,400 including Bombardier from Canada. 273 00:16:37,800 --> 00:16:41,600 And the condition is, OK, we're going to give you this huge 274 00:16:41,600 --> 00:16:45,880 contract. But our condition is you must 275 00:16:45,880 --> 00:16:50,200 produce in China. You, you, you must, we, we 276 00:16:50,200 --> 00:16:54,040 might, you have must have given like license production in China 277 00:16:54,040 --> 00:16:56,520 and you must do technology transfer. 278 00:16:56,880 --> 00:17:00,800 So this is all about the table like as a, as a condition for 279 00:17:00,800 --> 00:17:04,359 market access to China, you got to do technology transfer. 280 00:17:04,680 --> 00:17:08,800 And and all these company, they kind of weigh the pro and cons, 281 00:17:09,280 --> 00:17:11,520 but they couldn't say no to shit tons of money. 282 00:17:11,520 --> 00:17:15,079 They say OK, yeah, well, I mean, not only transfer that, that, 283 00:17:15,079 --> 00:17:17,560 that, that you know that that will take time, you know that 284 00:17:17,560 --> 00:17:19,280 the money money we can get it now. 285 00:17:19,480 --> 00:17:22,880 And So what happened is China was able to absorb this 286 00:17:22,880 --> 00:17:27,640 different technology from Japan, from Germany, and after 5-10 287 00:17:27,640 --> 00:17:30,480 years they were able to indigenize the technology. 288 00:17:30,600 --> 00:17:34,320 And now China is exporting high speed rail across the world. 289 00:17:34,480 --> 00:17:38,560 But from the very beginning was very above the table. 290 00:17:38,560 --> 00:17:42,720 It was like any foreign firms who come to China, you have to 291 00:17:42,720 --> 00:17:47,880 do now technology transfer is part of the deal as a condition 292 00:17:47,880 --> 00:17:49,680 for giving you the market access. 293 00:17:49,880 --> 00:17:52,560 Now China was able to demand that because China was big 294 00:17:52,560 --> 00:17:56,800 market and a big giant pool of cheap labor. 295 00:17:56,800 --> 00:18:00,520 That's the main draw for a lot of Western multinationals to do 296 00:18:01,080 --> 00:18:03,560 business in China age but. They're all slaves, Call. 297 00:18:03,880 --> 00:18:07,640 Yeah, it's all slaves. Of course, of course, of course. 298 00:18:07,760 --> 00:18:15,800 I mean the that is that kind of. Mean kind of persist to today, 299 00:18:15,800 --> 00:18:18,000 right? I mean, China, it got to where 300 00:18:18,000 --> 00:18:19,840 they are because they're all slave labor. 301 00:18:19,840 --> 00:18:24,440 I remember reading a tweet from Scott Adams, the creator of 302 00:18:24,440 --> 00:18:26,880 Dilbert comic, right? I, I, I love Dilbert. 303 00:18:26,880 --> 00:18:29,760 I used to read Dilbert. But he said she a decent guy. 304 00:18:30,240 --> 00:18:33,360 He, I mean, he's, he's a well educated American, right? 305 00:18:33,360 --> 00:18:35,160 He's you can't say he's ignorant. 306 00:18:35,360 --> 00:18:39,120 He's a well educated like, like you can't consider sort of 307 00:18:39,120 --> 00:18:41,720 public intellectual in in United United States. 308 00:18:42,080 --> 00:18:47,840 But he said, you know, so the oh, oh, when, when everybody 309 00:18:47,840 --> 00:18:51,440 move on to robotics on automation, you know, China is 310 00:18:51,440 --> 00:18:53,480 going to be screwed because they're going to be screwed out 311 00:18:53,480 --> 00:18:55,200 of their advantage in cheap labor. 312 00:18:55,520 --> 00:18:59,320 Now, this is just ignorance about China because if you 313 00:18:59,680 --> 00:19:03,840 actually look at the statistics, China employed more industrial 314 00:19:03,840 --> 00:19:06,600 robots today than the rest of the world combined. 315 00:19:07,080 --> 00:19:09,120 And and they. Actually, you know their. 316 00:19:09,120 --> 00:19:13,880 Factories, they have like lights off factories like entirely 317 00:19:13,880 --> 00:19:17,920 automated assembly lines at putting together EVs, putting 318 00:19:17,920 --> 00:19:21,400 together cars. So, so China is well prepared 319 00:19:21,400 --> 00:19:24,720 for, for automation. It's much more prepared in 320 00:19:24,720 --> 00:19:27,400 automation than say United States because US don't have 321 00:19:27,400 --> 00:19:30,600 manufacturing anymore. China they're actually applying 322 00:19:30,600 --> 00:19:34,920 robotic AI and and robotics in their advanced manufacturing. 323 00:19:34,920 --> 00:19:39,280 This is why China is presenting a bigger threat now to a lot of 324 00:19:39,280 --> 00:19:42,600 their Western competitors. Is This is why you can get more 325 00:19:42,600 --> 00:19:47,400 China threat articles in the West because of that, you know, 326 00:19:47,400 --> 00:19:52,240 they talk about Chinese over capacity made in China 2025 how 327 00:19:52,240 --> 00:19:55,600 China is going to like, you know, take over the world 328 00:19:55,600 --> 00:19:58,120 because it's the government subsidized everything. 329 00:19:58,720 --> 00:20:02,160 It's unfair competition. But look if Chinese government. 330 00:20:02,160 --> 00:20:06,520 Trump's going to save the world. Tariffs call. 331 00:20:06,520 --> 00:20:08,840 Tariffs are going to save everybody. 332 00:20:13,000 --> 00:20:18,200 I think, I think only, only only some segment Americans believe 333 00:20:18,200 --> 00:20:23,280 that at this point, but you know, because there's, it's such 334 00:20:23,320 --> 00:20:27,760 low information. I mean, I don't, I can't speak 335 00:20:27,760 --> 00:20:31,600 about South Africa, but I, I went through the, the American 336 00:20:31,600 --> 00:20:35,240 public education system. I can tell you the American 337 00:20:35,240 --> 00:20:40,800 public education system is crap. They they, they like, like like. 338 00:20:41,920 --> 00:20:46,440 Mark Twin said you know if you are, if you well, he said about 339 00:20:46,440 --> 00:20:49,320 newspaper, he said, you know, if you if you don't, if you don't 340 00:20:49,320 --> 00:20:51,480 read newspapers, you are ignorant. 341 00:20:51,480 --> 00:20:56,600 If you if you read newspapers, then you're misinformed and. 342 00:20:56,760 --> 00:20:59,280 But this is how American education works. 343 00:20:59,280 --> 00:21:02,200 If you don't go to school, you're not educated, but if you 344 00:21:02,200 --> 00:21:04,080 go to school, you're mis educated. 345 00:21:04,320 --> 00:21:07,560 So, so you're there's no win situation. 346 00:21:07,840 --> 00:21:11,200 And, and but we have. This is why how we got Trump in 347 00:21:11,200 --> 00:21:14,880 the office. This in the 1st place, but the 348 00:21:14,960 --> 00:21:19,080 The thing is there's a lot of projection when the West talk 349 00:21:19,080 --> 00:21:22,480 about China, they're they're talking about China as a country 350 00:21:22,480 --> 00:21:24,760 per SE. They're talking about China more 351 00:21:24,760 --> 00:21:29,840 as a foil as like a projection of their worst fears, right. 352 00:21:29,840 --> 00:21:33,800 And like when a lot of time when especially United States, when 353 00:21:33,800 --> 00:21:37,120 they talk about China, it's almost 100%, you know, 354 00:21:37,120 --> 00:21:42,120 projection, you know, when they talk about China as a, as a, as 355 00:21:42,120 --> 00:21:45,800 a dystopian surveillance state, for example, right? 356 00:21:45,960 --> 00:21:47,760 And with the social credit system? 357 00:21:48,080 --> 00:21:53,160 With the social credit system, right and, and, but in reality, 358 00:21:53,240 --> 00:21:57,400 Trump just authorized the private company Palantir to 359 00:21:57,400 --> 00:21:59,760 access all the US government records. 360 00:21:59,760 --> 00:22:04,720 Like look first of all as as a person who hold US passport at 361 00:22:04,720 --> 00:22:07,800 this moment. I don't care if China get my 362 00:22:07,800 --> 00:22:10,600 data because China don't have jurisdiction over me. 363 00:22:10,600 --> 00:22:12,480 Chinese government can't do anything to me. 364 00:22:12,760 --> 00:22:17,560 But I've been more concerned when the NSA read my e-mail and 365 00:22:17,560 --> 00:22:21,160 and volunteer have all my data because they can't get me, you 366 00:22:21,320 --> 00:22:23,760 know, they I have to pay taxes to Uncle Sam. 367 00:22:23,760 --> 00:22:25,680 They can. They can get me for one reason 368 00:22:25,680 --> 00:22:29,080 or another and. And and and and and and also the 369 00:22:29,080 --> 00:22:31,240 social credit system is not a thing in China. 370 00:22:31,320 --> 00:22:34,040 It's it's a myth. There's there's no such thing as 371 00:22:34,040 --> 00:22:36,000 social credit system. I mean, you might. 372 00:22:36,200 --> 00:22:37,760 Hold on, hold on, hold on, hold on. 373 00:22:37,760 --> 00:22:40,120 Sorry, Carl, let me just let me jump in there because this 374 00:22:40,120 --> 00:22:43,800 happens all the time. I have, I have these discussions 375 00:22:43,800 --> 00:22:46,640 constantly and this is the response I get. 376 00:22:47,320 --> 00:22:49,240 Well, you don't live in China. How would you know? 377 00:22:49,240 --> 00:22:50,800 OK, fine. So let me speak to somebody 378 00:22:50,800 --> 00:22:53,280 who's in China. No, you can't speak to somebody 379 00:22:53,280 --> 00:22:54,880 who's in China because they're in China. 380 00:22:54,880 --> 00:22:57,640 And so therefore the government, the government is watching them. 381 00:23:00,000 --> 00:23:03,240 Right, right. It's like that. 382 00:23:03,240 --> 00:23:07,080 This is the thing when I talk about about China to people and 383 00:23:07,080 --> 00:23:10,000 and people will insist that no, no, no, Carl, you don't, you 384 00:23:10,000 --> 00:23:12,360 don't know what's really going on in China. 385 00:23:12,360 --> 00:23:16,880 We we, we know more about China than you because we have the 386 00:23:16,880 --> 00:23:19,280 Freedom of Information, because we have a free. 387 00:23:19,400 --> 00:23:20,760 Internet. Yeah, yeah. 388 00:23:21,200 --> 00:23:25,320 I'm like, look, look, I I lived in US for 30 years. 389 00:23:25,320 --> 00:23:28,800 I can access the same information as you do, except I 390 00:23:28,800 --> 00:23:31,560 actually grew up in China and traveled to China speaks the 391 00:23:31,560 --> 00:23:32,880 language. Right. 392 00:23:32,880 --> 00:23:38,520 And so it's because sometimes I think what it is, is people are 393 00:23:38,520 --> 00:23:42,920 being conditioned to think about China in a certain way. 394 00:23:42,920 --> 00:23:46,160 If you challenge their long held belief, it's like you're 395 00:23:46,160 --> 00:23:48,040 challenging their identity, right? 396 00:23:48,240 --> 00:23:53,240 I mean like for, for you know, people who are open minded, such 397 00:23:53,240 --> 00:23:56,280 as yourself, Sir, you know you, you know, you sometimes you, 398 00:23:56,320 --> 00:23:59,520 you, you receive information, you are able to absorb it, you 399 00:23:59,520 --> 00:24:02,360 know, even challenge your pre-existing biases. 400 00:24:02,560 --> 00:24:05,800 But for most people, I think, you know, when they find their, 401 00:24:06,320 --> 00:24:09,240 their long held belief get challenged, they get very 402 00:24:09,240 --> 00:24:12,600 defensive because it's almost like a challenge to their, you 403 00:24:12,600 --> 00:24:14,880 know, whole world system. Suddenly their whole whole 404 00:24:14,880 --> 00:24:17,000 belief system get challenged. It's their challenge to our 405 00:24:17,000 --> 00:24:19,400 identity. So they get very, very defensive 406 00:24:19,400 --> 00:24:22,880 about that. And and so again, I just say 407 00:24:23,080 --> 00:24:26,120 just travel to China. People like just go, it's very 408 00:24:26,120 --> 00:24:29,800 easy now for people in the West, especially if you're in the 409 00:24:29,840 --> 00:24:33,000 European Union, you know, many of the EU country, you get like 410 00:24:33,000 --> 00:24:38,600 30 days visa free visit to China, you know, but 411 00:24:38,720 --> 00:24:40,880 unfortunately for. The BRICS. 412 00:24:40,880 --> 00:24:44,320 Condition though. On condition though, there's an 413 00:24:44,320 --> 00:24:48,520 armed Chinese soldier who will be with you 24 hours a day and 414 00:24:48,520 --> 00:24:52,200 he will only take you to places that are designated. 415 00:24:53,160 --> 00:24:54,760 That's correct. And if you go? 416 00:24:54,760 --> 00:24:57,600 Off the course they will shoot you and they will build your 417 00:24:57,600 --> 00:25:00,920 family for the bullets and for the next 3. 418 00:25:00,920 --> 00:25:07,120 Generations. And so, you know, for, for, for 419 00:25:07,120 --> 00:25:09,800 the people you know, who, who could afford to travel to China, 420 00:25:09,800 --> 00:25:12,520 who you know, can get visa very easily. 421 00:25:12,520 --> 00:25:15,480 I, I do highly recommend you go check it out for yourself to see 422 00:25:15,480 --> 00:25:19,240 if it's really like how they portray it in the, you know, you 423 00:25:19,240 --> 00:25:21,880 know, mainstream media, you know, go ahead. 424 00:25:22,360 --> 00:25:26,600 When you when you and I were in Hong Kong last year, I saw 425 00:25:26,720 --> 00:25:28,800 absolutely no social credit system. 426 00:25:30,440 --> 00:25:32,280 Right. Well, Hong Kong is a little bit 427 00:25:32,280 --> 00:25:36,320 different germs because Hong Kong function under what's 428 00:25:36,320 --> 00:25:40,760 so-called 1 country 2 system. And that's, that means when, 429 00:25:41,000 --> 00:25:46,840 when Hong Kong was handed over to China in 1997, returned to 430 00:25:46,840 --> 00:25:51,120 China in 1997 from being a British colony, one of the 431 00:25:51,120 --> 00:25:55,360 condition was that that that China promised was that they 432 00:25:55,360 --> 00:25:58,120 will keep Hong Kong system as is. 433 00:25:58,120 --> 00:26:02,800 So, you know, whatever Hong Kong operated under, you know, under 434 00:26:02,800 --> 00:26:05,360 British, they wouldn't they will leave that alone, you know, so, 435 00:26:05,360 --> 00:26:09,840 so in effect, you will just be the British and colonial 436 00:26:10,600 --> 00:26:14,200 governors that's leaving the the other part of Hong Kong. 437 00:26:14,200 --> 00:26:15,320 They will they will leave it alone. 438 00:26:15,320 --> 00:26:18,480 So, so Hong Kong do it is a little bit different in the, in 439 00:26:18,480 --> 00:26:22,720 the fact that like many Chinese citizens from mainland to travel 440 00:26:22,720 --> 00:26:25,160 to Hong Kong, they actually need to apply for a visa. 441 00:26:26,240 --> 00:26:28,760 They they actually need to apply for a travel permit. 442 00:26:29,080 --> 00:26:33,040 And and then they have, once you're in Hong Kong, there's no 443 00:26:33,040 --> 00:26:35,240 great Firewall. You know, you can access 444 00:26:35,640 --> 00:26:38,480 Internet, whatever free. So, so, so there's some 445 00:26:38,480 --> 00:26:40,600 difference. You know, obviously China, they 446 00:26:40,600 --> 00:26:43,200 do have censorship. They do have the great firewall, 447 00:26:44,040 --> 00:26:46,520 but I think. I mean, it's not utopia, that's 448 00:26:46,520 --> 00:26:47,440 the point. Yeah, yeah. 449 00:26:47,480 --> 00:26:51,000 It's just it's. Like people need to real. 450 00:26:51,000 --> 00:26:54,200 Country. Exactly exactly you have. 451 00:26:54,240 --> 00:26:57,560 It's not official, it's not totalitarian, it's not some sort 452 00:26:57,560 --> 00:27:01,800 of sci-fi dystopia, but it's also not utopia. 453 00:27:02,120 --> 00:27:04,360 Exactly. You if you go to China, talk to 454 00:27:04,360 --> 00:27:07,120 the normal Chinese people, you'll find plenty of Chinese 455 00:27:07,120 --> 00:27:09,720 people bitching about the government, just like you would 456 00:27:09,880 --> 00:27:12,880 in South Africa or United States. 457 00:27:12,880 --> 00:27:15,160 That's because that's what people around the world do. 458 00:27:15,160 --> 00:27:18,560 They will bitch about their government and, and, but, but 459 00:27:18,560 --> 00:27:20,840 you know, after that, you know. They're not going to get 460 00:27:20,840 --> 00:27:22,840 arrested. You know, people think, oh, you 461 00:27:22,840 --> 00:27:25,320 know, they're going to get thrown into gulags. 462 00:27:25,320 --> 00:27:27,960 Or or like this is going to be in labor. 463 00:27:27,960 --> 00:27:30,480 Those are the squares on the on the cameras that follow you. 464 00:27:30,680 --> 00:27:33,840 Yeah, yeah, yeah, yeah, yeah. Apparently that's everywhere in 465 00:27:33,880 --> 00:27:36,320 China. The Skynet, the Skynet, right? 466 00:27:36,320 --> 00:27:41,520 The yes. And and so I OK, so one thing, 467 00:27:41,520 --> 00:27:44,160 there are a lot of cameras in China that that's for sure. 468 00:27:44,160 --> 00:27:47,160 I mean, this I when I traveled to China, I was surprised 469 00:27:47,160 --> 00:27:50,640 because coming from the USI was actually surprised by the 470 00:27:50,640 --> 00:27:53,880 prevalence of cameras. And I did ask about it like my 471 00:27:53,880 --> 00:27:58,840 cousin who you know, who lived there And for her, her biggest 472 00:27:58,840 --> 00:28:02,560 complaint about the camera is like, like he, she gets a lot 473 00:28:02,560 --> 00:28:06,200 more, she gets a lot more traffic tickets now because the 474 00:28:06,520 --> 00:28:11,040 cameras will catch her speeding. And that's her, her biggest 475 00:28:11,040 --> 00:28:13,400 complaint. But I guess like in, in China, 476 00:28:13,400 --> 00:28:17,760 they have a different relationship with technology as 477 00:28:17,840 --> 00:28:21,360 people do in the West, because, you know, a lot of people think 478 00:28:21,360 --> 00:28:24,320 certain camera surveillance, they think Black Mirror, they 479 00:28:24,360 --> 00:28:28,480 think like dystopia. And, and, and I think rightly 480 00:28:28,480 --> 00:28:31,760 so, because our government do a lot of shit. 481 00:28:31,760 --> 00:28:34,160 No U.S. government, I know for sure, I don't know about South 482 00:28:34,160 --> 00:28:37,600 South Africa, but I know U.S. government do a lot of shit with 483 00:28:37,600 --> 00:28:39,440 surveillance. You know that, that that 484 00:28:39,440 --> 00:28:41,680 happened. We, we only start to know about 485 00:28:41,680 --> 00:28:44,560 it because Snowden, because the Snowden leaks. 486 00:28:44,560 --> 00:28:47,800 And now, now they're completely open about it when they say, oh, 487 00:28:47,800 --> 00:28:50,360 we're going to hand over all your data, government data to 488 00:28:50,360 --> 00:28:51,960 Palantir. It's private companies. 489 00:28:51,960 --> 00:28:55,000 So they're going to, and Palantir is the same company 490 00:28:55,000 --> 00:28:56,720 that work with the US Pentagon, right? 491 00:28:56,720 --> 00:29:00,360 They they also do things like how to provide targeting. 492 00:29:00,440 --> 00:29:03,760 Information on the battlefield, they're the same one who is 493 00:29:03,760 --> 00:29:08,840 going to isolate who is going to like identify dangerous element 494 00:29:09,040 --> 00:29:12,280 in in the society, right. Like that, that's more scary to 495 00:29:12,280 --> 00:29:18,000 me personally, just because I hold US passport, whereas go 496 00:29:18,000 --> 00:29:19,520 ahead, yeah. In South Africa we do. 497 00:29:19,680 --> 00:29:22,200 In South Africa we do have a few cameras, but they're all stolen. 498 00:29:27,440 --> 00:29:29,440 And the ones that are still standing on the side of the 499 00:29:29,440 --> 00:29:31,440 street, they've got bullet holes in them, so we're all good. 500 00:29:34,560 --> 00:29:38,800 But, but I'll tell you one. Thing in China it's very safe. 501 00:29:38,880 --> 00:29:42,280 I mean you can walk in the street at at night in big 502 00:29:42,280 --> 00:29:45,800 cities. Women can walk out late at night 503 00:29:45,800 --> 00:29:50,320 in big cities, little children play outside after dark. 504 00:29:50,640 --> 00:29:54,040 It's just a compared to most cities in Europe. 505 00:29:54,960 --> 00:29:57,360 America, I'm not even going to compare to South Africa. 506 00:29:57,360 --> 00:30:01,680 I know it's bad over there. So compared to most other places 507 00:30:01,680 --> 00:30:03,400 in the world, China is very safe. 508 00:30:04,000 --> 00:30:05,680 Listen, I often joke with people. 509 00:30:05,680 --> 00:30:08,760 They say to me, yeah, but China's a communist. 510 00:30:08,800 --> 00:30:12,640 Hello. Listen, whatever China's doing, 511 00:30:12,640 --> 00:30:15,720 please bring it to South Africa because that'll certainly 512 00:30:15,720 --> 00:30:18,520 enhance whatever, it'll enhance our country. 513 00:30:20,680 --> 00:30:22,680 So listen, if it's communism, please bring it. 514 00:30:24,200 --> 00:30:26,840 And I mean, but that call, that's one of the things that I 515 00:30:26,840 --> 00:30:31,400 realized over the last few years is that you can't apply one word 516 00:30:31,840 --> 00:30:35,320 as a descriptor for an entire country or entire nation. 517 00:30:35,880 --> 00:30:41,120 The idea of communism or capitalism or any ISM is largely 518 00:30:41,120 --> 00:30:43,360 empty because these things are so nuanced. 519 00:30:43,400 --> 00:30:48,160 And you can't, you can't just say, well, this works in 520 00:30:48,200 --> 00:30:50,440 America, so therefore it will work in China. 521 00:30:50,760 --> 00:30:52,920 You you're dealing with different cultures and different 522 00:30:53,000 --> 00:30:56,120 different histories. And when you talk about isms, 523 00:30:56,120 --> 00:30:59,160 you know, different people have different ideas. 524 00:30:59,160 --> 00:31:03,560 You know, like in in America, people think like Joe Biden is 525 00:31:03,600 --> 00:31:04,920 a. Communist, right? 526 00:31:05,360 --> 00:31:09,600 There are people who think Joe Biden or or AOC's are communist. 527 00:31:09,840 --> 00:31:12,920 So so you know, it's kind of hard sometimes it's hard to 528 00:31:12,920 --> 00:31:13,920 hard. You know, it's hard. 529 00:31:14,200 --> 00:31:15,600 You don't even know where to argue. 530 00:31:16,480 --> 00:31:19,720 So, but just I, that's why just go, go, go to China, see for 531 00:31:19,720 --> 00:31:23,720 itself how people live. I mean, I think it's undeniable 532 00:31:23,720 --> 00:31:28,000 people are living much better life in China now than say 40 533 00:31:28,000 --> 00:31:31,160 years ago when I was born. I mean, I can, I can tell you 534 00:31:31,160 --> 00:31:36,520 all about the time I I had to go get ration papers to buy 535 00:31:36,520 --> 00:31:42,200 anything and, and, and, but, but it's, it's, it's just a fact 536 00:31:42,200 --> 00:31:43,640 that that people are living better. 537 00:31:43,640 --> 00:31:47,560 You know, people say, oh, what? It's because because they're, 538 00:31:47,560 --> 00:31:49,760 they're exploiting slave laborers. 539 00:31:49,760 --> 00:31:53,400 This is the Chinese miracle is built on exploitation. 540 00:31:53,400 --> 00:31:58,880 But look, it's the fact that everybody in China is doing well 541 00:31:58,880 --> 00:32:03,280 and doing better. Like when, when 90% of Chinese 542 00:32:04,000 --> 00:32:09,720 own homes, I, I saw a statistic reported from 2017, 70% of 543 00:32:09,720 --> 00:32:14,080 Chinese millennials own their own homes, 70%. 544 00:32:14,080 --> 00:32:16,240 And, and that was like what, five years ago? 545 00:32:16,240 --> 00:32:18,880 No, no, no more than five years ago, 2017. 546 00:32:18,880 --> 00:32:24,520 Now it's, it's eight years ago. No, I, I did my math incorrect. 547 00:32:24,960 --> 00:32:26,840 Yeah, it's eight years ago. It's eight years ago. 548 00:32:27,040 --> 00:32:30,080 And, and that that means today that that number is probably 549 00:32:30,080 --> 00:32:35,080 even higher because not like now even the, the young, young, 550 00:32:35,160 --> 00:32:37,800 young, young, youngest millennials are already in the 551 00:32:37,880 --> 00:32:40,680 in their 30s, right late 20s and so. 552 00:32:41,760 --> 00:32:42,520 It's. That's not the. 553 00:32:42,520 --> 00:32:44,640 Case. I know that's not the case in in 554 00:32:44,640 --> 00:32:46,040 the West. You know a lot of people. 555 00:32:46,040 --> 00:32:49,120 Yeah, that's also, that's also another mental barrier. 556 00:32:49,120 --> 00:32:50,720 So I'll keep interrupting you, but I hope you don't mind. 557 00:32:51,120 --> 00:32:54,200 But that's also another mental block that that I find so many 558 00:32:54,200 --> 00:32:57,960 people have they go, well, how does a communist country have 559 00:32:57,960 --> 00:33:00,360 such a preference for private property? 560 00:33:00,920 --> 00:33:04,160 But it it is like that. You know, you know, I will tell 561 00:33:04,160 --> 00:33:08,920 you something. I was I was shocked when I find 562 00:33:08,920 --> 00:33:11,600 about eminent domain laws in United States. 563 00:33:12,040 --> 00:33:15,840 You know when in the in the two early 2000 I was talking with 564 00:33:16,000 --> 00:33:18,400 when I first started working in USI was talking by his 565 00:33:18,400 --> 00:33:20,720 colleagues. I was like what I thought this 566 00:33:20,720 --> 00:33:23,280 is a land of free. How can you just claim? 567 00:33:23,360 --> 00:33:26,000 How can the government just claim because they need it? 568 00:33:26,000 --> 00:33:27,720 They can take away your property there. 569 00:33:27,720 --> 00:33:31,200 Well that's eminent domains. Well, in China, you they have 570 00:33:31,200 --> 00:33:33,440 what, those so-called nail houses? 571 00:33:33,680 --> 00:33:38,120 So you sometimes you have like a highway and some how you have to 572 00:33:38,120 --> 00:33:41,720 split off because there's a big house in the middle because, 573 00:33:41,720 --> 00:33:44,840 because the owner refused to move because it maybe they were 574 00:33:44,840 --> 00:33:48,800 waiting for higher compensation. And, and when the negotiate 575 00:33:48,800 --> 00:33:51,320 failed, the developer to just decide, OK, screw it, we're just 576 00:33:51,320 --> 00:33:55,160 going to build around you. And it's very common. 577 00:33:55,160 --> 00:33:57,800 There's they even have a developer turn for you in China, 578 00:33:57,800 --> 00:34:01,320 they call nail houses These, these, these people that refused 579 00:34:01,320 --> 00:34:03,320 to move. So, so, so you can have like 580 00:34:03,440 --> 00:34:06,160 like a farmhouse that's in the middle of the huge. 581 00:34:06,680 --> 00:34:10,960 Mall parking lot because the the farmers didn't want to move so 582 00:34:11,199 --> 00:34:15,320 so now now he got a huge parking lot in his front yard and and 583 00:34:15,400 --> 00:34:18,000 also another thing people don't realize, you know, especially 584 00:34:18,000 --> 00:34:21,600 people in the West Chinese. People don't pay property tax 585 00:34:22,040 --> 00:34:24,480 once they bought the house, They, they're, they don't have 586 00:34:24,480 --> 00:34:28,199 to pay annual property tax to the government, you know, so, 587 00:34:28,199 --> 00:34:31,880 so, so they, they, they own that house till they die, you know, 588 00:34:31,880 --> 00:34:34,639 but but people say, oh, whoa, whoa, whoa, you don't really own 589 00:34:34,639 --> 00:34:37,120 the house. You, because you are, you know, 590 00:34:37,120 --> 00:34:39,880 you only have the rights for 75 years. 591 00:34:40,000 --> 00:34:44,840 Well, technically it's true, but what actually happened is when 592 00:34:44,840 --> 00:34:50,760 you sell that house to somebody else, it's 75 years again, that, 593 00:34:50,760 --> 00:34:53,239 that, that, that the clock it gets, it gets reset. 594 00:34:53,440 --> 00:34:56,360 And, and also you, you can pass it to your children. 595 00:34:56,520 --> 00:35:01,680 And in the, in the most cases, it just, you know, like that's 596 00:35:01,680 --> 00:35:03,360 not even a thing that they're not going to. 597 00:35:05,400 --> 00:35:08,680 Because actually we don't know because we haven't run against 598 00:35:08,680 --> 00:35:12,680 the clock yet to 75 years to see actually people getting their 599 00:35:12,680 --> 00:35:16,400 property taken away. But so far what we have seen is 600 00:35:16,760 --> 00:35:18,880 if. You own a house and you just try 601 00:35:18,880 --> 00:35:20,680 to sell it. The owner. 602 00:35:20,680 --> 00:35:24,840 The new owner. Get their 75 years right. 603 00:35:24,880 --> 00:35:28,200 I mean, so, so technically you can sell your children for a 604 00:35:28,200 --> 00:35:31,600 buck. They, they have it for another 605 00:35:31,600 --> 00:35:33,640 75 years. So that's another issue. 606 00:35:34,040 --> 00:35:36,240 And you know, they don't pay property tax. 607 00:35:36,240 --> 00:35:39,960 So even if they lose their job, you know, they're not going to 608 00:35:39,960 --> 00:35:42,320 lose their home. They they, they're not. 609 00:35:42,320 --> 00:35:44,360 Going to get yeah, that's that's. 610 00:35:44,360 --> 00:35:47,240 Important. But I think something that that 611 00:35:47,440 --> 00:35:54,080 I'm learning more and more and more call is that you have to 612 00:35:54,080 --> 00:35:57,600 choose your battles. So if you want to be a political 613 00:35:57,600 --> 00:36:01,000 cartoonist like I am and you want to make a career out of 614 00:36:01,000 --> 00:36:04,960 criticizing the government, then living in China might not be the 615 00:36:04,960 --> 00:36:09,480 best option. OK, If I'm an activist and I and 616 00:36:09,480 --> 00:36:13,760 I want to do a street protest every month, China might not be 617 00:36:13,760 --> 00:36:19,440 where I want to be for that. For example, during COVID, 618 00:36:19,520 --> 00:36:21,680 living in South Africa was pretty great because our 619 00:36:21,680 --> 00:36:25,160 government is highly inept and very useless and they weren't 620 00:36:25,160 --> 00:36:28,960 able to effectively lock us down and and mandate things. 621 00:36:29,440 --> 00:36:32,200 Now, I know in China they were a lot more efficient at that, and 622 00:36:32,200 --> 00:36:33,880 in Canada and in other countries. 623 00:36:34,480 --> 00:36:37,360 Are you telling me? Are you telling me South Africa 624 00:36:37,400 --> 00:36:40,240 is a libertarian paradise? Is that what you're telling? 625 00:36:41,040 --> 00:36:44,760 Me maybe even, maybe even more an anarchist paradise because 626 00:36:44,840 --> 00:36:47,720 there is a look. Like I said, it depends on it 627 00:36:47,720 --> 00:36:52,320 depends on what you want. If you want a sense of freedom, 628 00:36:52,960 --> 00:36:57,320 then you kind of require a more chaotic society, like like many 629 00:36:57,320 --> 00:37:00,040 African countries, right? But it comes at a cost. 630 00:37:00,080 --> 00:37:02,000 You have very broken infrastructure. 631 00:37:02,000 --> 00:37:05,360 Trains are unsafe, public transport actually is unsafe. 632 00:37:05,840 --> 00:37:08,120 My wife can't really walk around on her own at night. 633 00:37:08,120 --> 00:37:11,520 So it depends on what it is that you're wanting ultimately. 634 00:37:12,080 --> 00:37:13,160 That's true. That's true. 635 00:37:13,160 --> 00:37:14,600 There's always a trade off, right? 636 00:37:14,640 --> 00:37:19,560 I mean pros and cons and I think the fact that speaks for itself. 637 00:37:19,560 --> 00:37:23,680 There's like hundreds of millions of Chinese who have 638 00:37:23,680 --> 00:37:28,760 traveled abroad, but most of them return, you know, many of 639 00:37:28,760 --> 00:37:31,840 them travel abroad for, for travelling, for studying, but 640 00:37:31,840 --> 00:37:35,080 many of them do return to China. So, so that, that, that means 641 00:37:35,080 --> 00:37:39,200 they, they, they apparently find it acceptable or, or, or or 642 00:37:39,200 --> 00:37:43,000 better to, to stay in China. Another thing is like people 643 00:37:43,000 --> 00:37:46,840 say, OK, but, but China is still very poor, you know, in terms of 644 00:37:46,840 --> 00:37:49,440 nominal dollar terms compared to US. 645 00:37:49,440 --> 00:37:53,760 You know there's still compared to low income to the income 646 00:37:53,760 --> 00:37:56,520 level to United States. Well, that is true in nominal 647 00:37:56,520 --> 00:37:59,240 dollar term, but the the money goes. 648 00:37:59,240 --> 00:38:01,800 But South Africa? South Africa. 649 00:38:02,560 --> 00:38:05,520 But but but money goes a long way in China. 650 00:38:05,520 --> 00:38:08,240 There is a power purchase parity. 651 00:38:08,520 --> 00:38:12,440 You know, like you, you can get This is why people develop the 652 00:38:12,440 --> 00:38:16,240 the Big Mac index, right? Could see how much big index Big 653 00:38:16,240 --> 00:38:18,720 Mac cost in each country and how much they make. 654 00:38:18,920 --> 00:38:23,520 But in in China, the fact is people are on average Chinese 655 00:38:23,520 --> 00:38:27,440 holds, they save like 34% of their income. 656 00:38:27,840 --> 00:38:35,040 So Chinese household saving, it's like some it's insane. 657 00:38:35,040 --> 00:38:37,320 It's something like $22 trillion. 658 00:38:38,480 --> 00:38:41,760 It's it's huge compared to like household savings, say United 659 00:38:41,760 --> 00:38:45,120 States, because these people somehow are able to save quite a 660 00:38:45,120 --> 00:38:47,320 lot. This is why China is a creditor 661 00:38:47,320 --> 00:38:49,000 nation. It's it's loaning money 662 00:38:49,000 --> 00:38:52,320 everywhere as opposed to a debtor nation like United 663 00:38:52,320 --> 00:38:55,800 States, which is $37 trillion in debt. 664 00:38:56,680 --> 00:38:59,880 So, so you can say, yeah, China is poor, but somehow these 665 00:39:00,600 --> 00:39:04,400 people are able to save and they're able to own homes and 666 00:39:04,400 --> 00:39:08,160 they're able to afford to travel abroad, send their children to 667 00:39:08,160 --> 00:39:10,480 study abroad. I think they do OK. 668 00:39:13,880 --> 00:39:18,000 You didn't quite finish your thought earlier about the social 669 00:39:18,000 --> 00:39:21,520 credit system, though, in China. It's not a thing. 670 00:39:21,760 --> 00:39:24,440 There's not much to talk about because it's not a thing 671 00:39:24,880 --> 00:39:29,000 because, because, because the assumption is right. 672 00:39:29,000 --> 00:39:32,680 If the, if the camera caught you, you know, maybe spitting on 673 00:39:32,680 --> 00:39:36,440 the street or something and then you're going to be blacklisted 674 00:39:36,440 --> 00:39:39,200 from bank loans or something. No that it doesn't work that 675 00:39:39,200 --> 00:39:42,800 way. It, there's no national data 676 00:39:42,800 --> 00:39:49,000 system in China for that kind of to, to, to, to, you know, to, to 677 00:39:49,000 --> 00:39:51,520 build a social criticism, you're going to need a national 678 00:39:51,520 --> 00:39:54,440 database, right? To, to, to monitor everyone and 679 00:39:54,440 --> 00:39:57,280 to, to log that in. There's no national database in 680 00:39:57,280 --> 00:40:01,680 China for that kind of thing. But there are areas times like 681 00:40:01,680 --> 00:40:06,640 for example, there was a recent viral event of a women who who 682 00:40:06,640 --> 00:40:08,720 took somebody's seat on the train. 683 00:40:09,640 --> 00:40:13,120 Like she doesn't have because in China on the train there's 684 00:40:13,120 --> 00:40:16,240 different classes. You can buy either seat seating 685 00:40:16,240 --> 00:40:20,120 tickets, you can buy sleep sleeping tickets where you get 686 00:40:20,120 --> 00:40:23,240 beds, or you can buy standing only tickets. 687 00:40:23,240 --> 00:40:25,760 So this woman apparently she has standing only tickets, but she 688 00:40:25,760 --> 00:40:28,440 decided to sit in someone else's seat. 689 00:40:28,440 --> 00:40:31,480 And when that someone who came to claim the seat, she refused 690 00:40:31,480 --> 00:40:34,200 to give it up. And even when the conductor 691 00:40:34,200 --> 00:40:39,400 tried to intercede, she refused to give up the seat. 692 00:40:39,400 --> 00:40:43,160 So in that case, she might be get blacklisted by the train 693 00:40:43,160 --> 00:40:46,120 company. I mean, but it's not like there 694 00:40:46,120 --> 00:40:49,480 will be a national database. She will be like blocked on bank 695 00:40:49,480 --> 00:40:52,760 loans or anything else. She will just be blacklisted by 696 00:40:52,760 --> 00:40:54,480 the train company. But but that's that's 697 00:40:54,480 --> 00:40:56,440 understandable that that happens anywhere. 698 00:41:00,840 --> 00:41:05,040 I was we were talking about the cameras and I was reminded of 699 00:41:05,040 --> 00:41:07,240 that. I think it was ABBC article from 700 00:41:07,240 --> 00:41:11,320 a few months ago where they're talking about China sending a 701 00:41:11,320 --> 00:41:15,160 rocket into space, but the picture was a surveillance 702 00:41:15,160 --> 00:41:18,880 camera on a surveillance camera on the street. 703 00:41:20,000 --> 00:41:22,040 Did you see that? Yeah, yeah. 704 00:41:22,120 --> 00:41:26,000 I mean, it's just ridiculous. It's just ridiculous. 705 00:41:26,000 --> 00:41:28,560 Is there somehow implying there's a Chinese surveillance 706 00:41:28,560 --> 00:41:33,160 camera on the moon or something? I mean, first of all, but I 707 00:41:33,160 --> 00:41:35,720 mean, nobody's even on the moon right now. 708 00:41:35,720 --> 00:41:40,600 OK, let's let me remind people nobody is on the moon at this. 709 00:41:40,600 --> 00:41:46,000 Point and and even I don't think I don't think there's there 710 00:41:46,000 --> 00:41:50,280 there was American NASA program Artemis that was going to go 711 00:41:50,480 --> 00:41:51,920 quote UN quote go back to the moon. 712 00:41:52,640 --> 00:41:55,480 But I don't think that's going to that's even going to happen 713 00:41:55,480 --> 00:42:00,400 with the way NASA is. But but you know what actually, 714 00:42:00,720 --> 00:42:04,880 so in couple years, the only space station is going to be 715 00:42:04,880 --> 00:42:07,960 Chinese when the Internet, because the International Space 716 00:42:07,960 --> 00:42:10,720 Station is due to retire in couple years. 717 00:42:10,720 --> 00:42:12,640 Well, it's supposed to due to retire. 718 00:42:12,640 --> 00:42:14,960 We don't know if they're actually able to retire it. 719 00:42:14,960 --> 00:42:18,400 But if that happens, the only space station right you're going 720 00:42:18,400 --> 00:42:20,400 to be staying up there is going to be Chinese. 721 00:42:20,760 --> 00:42:24,160 And it will be whoever the Chinese decide to invite over. 722 00:42:24,520 --> 00:42:28,000 And Americans don't, don't get to go because not because 723 00:42:28,000 --> 00:42:32,440 Chinese won't invite them over, but because there's a law in, in 724 00:42:32,480 --> 00:42:36,360 U.S. government. the US Congress passed a law, the Wolf Wolf Act 725 00:42:36,360 --> 00:42:40,760 or something, that prohibits NASA from cooperating with with 726 00:42:40,760 --> 00:42:43,800 China on space. So This is why China had to 727 00:42:43,800 --> 00:42:46,160 create their own space station in the 1st place because they 728 00:42:46,160 --> 00:42:50,720 refused China to join the ISS International Space Station. 729 00:42:50,720 --> 00:42:55,840 And yeah, yeah, so, well, they do. 730 00:42:56,000 --> 00:42:56,920 They do. Have cameras. 731 00:42:56,920 --> 00:42:58,600 They do have cameras on space station. 732 00:42:59,160 --> 00:43:04,400 They do have cameras. China is coming up in the world 733 00:43:04,400 --> 00:43:09,520 as a very powerful economy, and the American empire doesn't like 734 00:43:09,520 --> 00:43:12,040 this. Well, I, I think that that's, I 735 00:43:12,040 --> 00:43:16,120 mean, Marco Rubio of all people acknowledged wearing a multi 736 00:43:16,120 --> 00:43:20,360 polar world now and then. You have, you have, Joseph. 737 00:43:20,360 --> 00:43:23,600 Borrell, you know, the, the garden guy, the, the, the, the 738 00:43:23,600 --> 00:43:27,200 garden and the jungle guy basically declaring, yes, the, 739 00:43:27,240 --> 00:43:30,120 the, the, the what age of Western dominance is over. 740 00:43:30,480 --> 00:43:34,000 And I think we, we're gonna, we're, we're kind of at the last 741 00:43:34,000 --> 00:43:36,480 stage of the dollar hegemony right now. 742 00:43:36,480 --> 00:43:37,720 This is why. But do you think? 743 00:43:37,720 --> 00:43:43,640 Sorry, do you, but do you think Trump is going to welcome multi 744 00:43:43,640 --> 00:43:45,720 polarity or do you think he's trying to slow it down? 745 00:43:46,200 --> 00:43:50,040 No, no, I mean like Trump. Trump just labeled BRICS as an 746 00:43:50,040 --> 00:43:53,680 anti American alliance, right? I mean the only thing that. 747 00:43:53,680 --> 00:43:57,960 Led to that outburst is because of Brazilian President Lula 748 00:43:57,960 --> 00:44:01,800 during the BRICS summit said OK, we we need to have another alter 749 00:44:02,000 --> 00:44:05,920 alternatively trading currency. He didn't even explicitly 750 00:44:05,920 --> 00:44:08,160 mention U.S. dollar. He just says we need a new 751 00:44:08,160 --> 00:44:12,360 trading currency, otherwise we're going to end the 20th 1st 752 00:44:12,360 --> 00:44:15,280 century like the way we started the 20th century. 753 00:44:15,280 --> 00:44:18,600 That's actually pretty stark warning because, you know, we 754 00:44:18,600 --> 00:44:21,040 started 20th century with two World War wars. 755 00:44:21,360 --> 00:44:27,680 And and because of that remark, Trump wanted to slap 50% tariff 756 00:44:27,880 --> 00:44:31,920 on Brazil and 10% tariff on all BRICS countries because he said, 757 00:44:32,160 --> 00:44:35,040 oh, that's a anti American alliance. 758 00:44:35,040 --> 00:44:39,200 They want to he he what he said, he said they wanted to de 759 00:44:39,200 --> 00:44:42,120 standardize the US dollar, right. 760 00:44:42,120 --> 00:44:47,440 And but he's already slapping everybody with tariff. 761 00:44:47,440 --> 00:44:49,120 Like what? What more can he do? 762 00:44:49,920 --> 00:44:52,880 And the more he slapped tariff people, more people going to 763 00:44:52,880 --> 00:44:54,160 move away from the dollar. Go ahead. 764 00:44:54,680 --> 00:44:57,400 Yeah, but the counter argument is that he's playing 5D chess is 765 00:44:57,400 --> 00:45:00,200 that by slapping on tariffs, he's he's ultimately 766 00:45:00,200 --> 00:45:02,880 strengthening China and other countries. 767 00:45:03,600 --> 00:45:05,840 Oh, he is. He's definitely, but I don't 768 00:45:05,840 --> 00:45:09,400 think that was intended. I don't think that was intended. 769 00:45:09,400 --> 00:45:13,200 But you know, I, like I said, Trump is my president for 770 00:45:13,200 --> 00:45:16,200 accelerationism. He's a he's a president for 771 00:45:16,200 --> 00:45:19,760 accelerationism, for US empire, imperial decline. 772 00:45:21,080 --> 00:45:23,920 Make China great again. Make China great again, I mean. 773 00:45:24,080 --> 00:45:26,520 He is. He's a peacemaker germs. 774 00:45:26,520 --> 00:45:29,680 I mean, he's actually making upbringing all the countries 775 00:45:29,680 --> 00:45:32,920 coming together now, now, now he just slapped after he slapped 776 00:45:32,920 --> 00:45:35,320 but tariff on India. Now the Indian Prime Minister 777 00:45:35,320 --> 00:45:38,240 Modi is going to go to China. Putin is going to go to China. 778 00:45:38,240 --> 00:45:41,840 So, so, so Trump is a great peacemaker of Eurasia. 779 00:45:41,880 --> 00:45:43,760 You know he give that guy a Nobel. 780 00:45:43,760 --> 00:45:46,120 Peace Prize already you know he deserves it. 781 00:45:47,360 --> 00:45:52,000 The American Israeli connection is very fascinating. 782 00:45:52,000 --> 00:45:56,120 That is certainly the opposite of peacemaking, and China seems 783 00:45:56,120 --> 00:45:58,800 to have a very neutral position. Or does it? 784 00:45:59,600 --> 00:46:05,000 Well, yeah, I mean, so China used to have closer ties with 785 00:46:05,000 --> 00:46:09,320 Israel because Israel in the 80s and 90s function as the sort of 786 00:46:09,480 --> 00:46:13,320 back door, a back channel for China to access Western defense 787 00:46:13,320 --> 00:46:15,720 technology because. There's there's no. 788 00:46:15,720 --> 00:46:17,680 Wall between US and Israel, right? 789 00:46:17,680 --> 00:46:21,520 So whatever is US goodies, Israel is going to get it. 790 00:46:21,600 --> 00:46:25,320 And then because China couldn't get it directly from US, so they 791 00:46:25,360 --> 00:46:27,360 go through the back channel, which is Israel. 792 00:46:27,520 --> 00:46:31,080 This is how a lot of the Western tech, especially American 793 00:46:31,440 --> 00:46:34,640 military technology flow to China is through Israel. 794 00:46:34,640 --> 00:46:37,440 Because Israel, they, they will sell to anybody who, who offer 795 00:46:37,440 --> 00:46:43,240 money and, and, but that chat, that door has closed in 2000 to 796 00:46:43,240 --> 00:46:46,360 20 tens because Americans actually told Israelis, OK, you 797 00:46:46,360 --> 00:46:48,360 got to stop that. You got to, you got to stop 798 00:46:48,360 --> 00:46:50,760 selling military technology to China. 799 00:46:51,520 --> 00:46:56,280 And so that's one rare instance where US actually told Israel 800 00:46:56,280 --> 00:46:59,480 what to do. So so is United States, they do 801 00:46:59,480 --> 00:47:03,200 have option to reign in Israel if they really want it, right. 802 00:47:03,520 --> 00:47:07,880 It's just they chose not to. And and and and and and in other 803 00:47:08,240 --> 00:47:12,000 aspect, Israel and US function as almost like the same animal. 804 00:47:12,320 --> 00:47:17,200 And for so for for Chinas perspective, now China have to 805 00:47:17,200 --> 00:47:21,600 balance out its relationship with other neighboring countries 806 00:47:21,600 --> 00:47:26,320 in the Middle East, like like Saudi Arabia, Iran, you know, 807 00:47:26,920 --> 00:47:29,560 China is friendly with both Saudi and Iran. 808 00:47:29,560 --> 00:47:33,200 That's how China was able to broker the Saudi Iran peace deal 809 00:47:33,920 --> 00:47:38,280 for so so China's relationship with Israel actually, I think 810 00:47:38,280 --> 00:47:42,800 take a hit after October 7th because you know, that's just 811 00:47:42,800 --> 00:47:46,800 it's just not not cool to be seen to stand with Israel 812 00:47:46,800 --> 00:47:49,040 anymore unless you are in Washington. 813 00:47:49,040 --> 00:47:51,680 You are you're in the US Congress, but your, your your 814 00:47:51,680 --> 00:47:53,400 political career depending on it. 815 00:47:53,680 --> 00:48:00,280 And so, yeah, I mean, I think what US is doing, you know, 816 00:48:00,400 --> 00:48:03,440 including its relationship with Israel, what US is doing is 817 00:48:03,440 --> 00:48:05,960 lighting fires around all over the world. 818 00:48:06,440 --> 00:48:11,880 So that makes United States seems this land of calm, like 819 00:48:11,880 --> 00:48:15,280 those Oasis of calm among the world, light on fire. 820 00:48:15,440 --> 00:48:19,840 So all the money, all the US dollars that's been storing 821 00:48:19,920 --> 00:48:25,120 elsewhere, like parking Gulf countries, for example, that 822 00:48:25,120 --> 00:48:29,160 have no choice but to flow back to United States in foreign 823 00:48:29,160 --> 00:48:32,240 stock market bonds or real estate market. 824 00:48:32,240 --> 00:48:36,480 This is why Trump travelled to the Gulf country recently, 825 00:48:36,480 --> 00:48:38,000 right? And like, because he want their 826 00:48:38,000 --> 00:48:39,960 money. I mean, it's, it's obvious he 827 00:48:39,960 --> 00:48:42,240 want them to invest in United States. 828 00:48:42,520 --> 00:48:47,440 And, and the way to do that is to, to start a war in, in the 829 00:48:47,440 --> 00:48:51,080 region to convince them, OK, your, your money is not safe. 830 00:48:51,760 --> 00:48:55,320 Better put in the US bonds, U.S. stock market. 831 00:48:55,440 --> 00:48:58,000 You'll, you'll get better returns and you'll be safe. 832 00:48:58,840 --> 00:49:03,480 I think that's what's going on. I was just in the UAE two weeks 833 00:49:03,480 --> 00:49:09,720 ago and the amount of Chinese cars that I saw there is 834 00:49:09,720 --> 00:49:16,440 phenomenal and and not it's not this cheap junk that might have 835 00:49:16,440 --> 00:49:20,200 been the case 20 years ago. We're talking high end vehicles 836 00:49:20,200 --> 00:49:23,000 and those are now arriving in South Africa car. 837 00:49:23,000 --> 00:49:26,000 I can tell you I've already been test driving a few Chinese cars. 838 00:49:26,000 --> 00:49:27,600 I think my next car is going to be Chinese. 839 00:49:27,600 --> 00:49:31,080 I've I've got no more time for, for European cars that are now 840 00:49:31,120 --> 00:49:35,240 just focusing on, on, on electric all the time. 841 00:49:35,240 --> 00:49:37,800 I'm we don't, we've got riding blackouts. 842 00:49:37,880 --> 00:49:39,840 How are we going to charge our cars? 843 00:49:43,240 --> 00:49:46,960 So, so, so at least the Chinese vehicles are still bringing out 844 00:49:46,960 --> 00:49:49,200 diesel, you know, and hybrids, which are also great. 845 00:49:49,560 --> 00:49:51,920 Yeah. And great quality. 846 00:49:51,920 --> 00:49:55,520 That's the point. Yeah, I mean that that's a lot 847 00:49:55,520 --> 00:49:59,440 of the Americans don't even realize that because Biden put 848 00:49:59,440 --> 00:50:04,640 100% on on, on Chinese EVs and, and, and so there's no, no, no, 849 00:50:04,680 --> 00:50:07,360 no, no Chinese car that's sold in United States right now. 850 00:50:07,960 --> 00:50:11,600 Like I, I, I bought a Chinese car in Indonesia just recently. 851 00:50:11,600 --> 00:50:14,160 I highly recommend it. They're, they're, you know, when 852 00:50:14,920 --> 00:50:19,200 Elon Musk used to laugh at BYD like more than 10 years ago and 853 00:50:19,200 --> 00:50:22,720 back then he was back then, he was totally that. 854 00:50:22,720 --> 00:50:26,160 That was totally legit. Like he had the right to laugh 855 00:50:26,160 --> 00:50:29,520 at BYD more than 10 years ago because BYD was making shitty 856 00:50:29,520 --> 00:50:32,200 cars back then. I remembered it was a dating 857 00:50:32,200 --> 00:50:36,000 show in China and like the the the the. 858 00:50:36,760 --> 00:50:39,320 All the women and they were brutal. 859 00:50:39,320 --> 00:50:41,840 They were making fun of the guys that driving BYD. 860 00:50:41,840 --> 00:50:46,520 It's like, no, no, I'm not going to never going to date a guy 861 00:50:46,520 --> 00:50:50,600 driving a VYDI was so embarrassing, right so. 862 00:50:50,880 --> 00:50:54,760 So, so, so Elon Musk was correct to laugh at BYD 10 years ago, 863 00:50:54,760 --> 00:50:59,440 but things have changed so drastically in 10 years now BYD 864 00:50:59,520 --> 00:51:03,760 is probably going to be the world's biggest automaker in, 865 00:51:04,200 --> 00:51:07,440 in, in, in in 10 years time. I think so, yeah. 866 00:51:07,440 --> 00:51:10,320 I'll tell you what the yeah, I mean, here in South Africa BYD 867 00:51:10,640 --> 00:51:13,880 have got exceptionally good 'cause I'm just not interested 868 00:51:13,880 --> 00:51:19,440 in in electric vehicles. But but I really do like GWM and 869 00:51:19,440 --> 00:51:22,600 have all yeah, those calls are outstanding. 870 00:51:22,920 --> 00:51:26,360 They sell a lot in Russia. They sell sell a lot in Russia 871 00:51:26,360 --> 00:51:27,800 because because they're more rugged. 872 00:51:27,840 --> 00:51:31,320 Yeah, yeah, and and and I'm a good fan of. 873 00:51:31,320 --> 00:51:32,880 GWM. Yeah, and and. 874 00:51:32,880 --> 00:51:36,560 Because the Western company, they voluntarily gave up all 875 00:51:36,560 --> 00:51:38,240 that market, they pull out of Russia. 876 00:51:38,240 --> 00:51:40,520 So. So it's all Chinese car new. 877 00:51:40,520 --> 00:51:42,600 All the new car in Russia is in Chinese now. 878 00:51:43,160 --> 00:51:44,800 That's. That's, that's the other thing 879 00:51:44,800 --> 00:51:46,680 about Russia. I was when I was over in the 880 00:51:46,680 --> 00:51:49,680 UAEI was hanging out with the with the Russian guy and he was 881 00:51:49,680 --> 00:51:52,840 saying when, when they sanctioned, when America 882 00:51:52,840 --> 00:51:55,440 sanctioned Russia, he says. It didn't affect us because we 883 00:51:55,440 --> 00:51:57,960 just took over all those businesses with Russians and now 884 00:51:57,960 --> 00:52:01,600 we have better quality. Yep, Yep, that's exactly what 885 00:52:01,600 --> 00:52:03,880 happened. I mean, I, I went to, I went to 886 00:52:03,880 --> 00:52:07,080 Moscow, their stores are full. Their, their, their shop, their 887 00:52:07,080 --> 00:52:11,240 shops are full. And it's not, you would not know 888 00:52:11,240 --> 00:52:12,800 that's a, that's a country at war. 889 00:52:13,120 --> 00:52:18,400 And, and, and, and people, This is why like Chris, not Chris 890 00:52:18,400 --> 00:52:21,560 Tucker, Tucker Carlson went to Moscow a couple months after I, 891 00:52:21,560 --> 00:52:23,480 I went to Moscow and he was amazed. 892 00:52:23,840 --> 00:52:25,760 It's because Americans don't travel, man. 893 00:52:25,760 --> 00:52:27,600 They, they, they don't know any better. 894 00:52:27,840 --> 00:52:31,840 And they, they really think, you know, people like John McCain 895 00:52:31,840 --> 00:52:35,920 and, and Lindsey Graham, they say, oh, Moscow, Russia is just 896 00:52:35,920 --> 00:52:39,880 a giant gas station with news. I'm like, if that's a giant gas 897 00:52:39,880 --> 00:52:42,760 station, that's, that must be the most beautiful gas station 898 00:52:42,760 --> 00:52:46,040 I've ever visited because it's Moscow in summer is beautiful, 899 00:52:46,040 --> 00:52:47,200 man. Yeah. 900 00:52:47,520 --> 00:52:51,680 You know, again, it comes down to propaganda and it sounds like 901 00:52:51,720 --> 00:52:54,880 we have anti American sentiment and we don't that's that's not 902 00:52:54,880 --> 00:52:58,080 the case. I I don't dislike Americans. 903 00:52:58,080 --> 00:53:00,600 When we talk about America, we generally refer to the deep 904 00:53:00,600 --> 00:53:03,640 state or the US government. The whole the whole framework, 905 00:53:03,640 --> 00:53:06,960 the structure that I. I can, I can attest to that. 906 00:53:06,960 --> 00:53:09,760 Germs is not just, you know, trying to cover his ass. 907 00:53:09,760 --> 00:53:14,360 He's a great lover of American pop culture and American Music 908 00:53:14,360 --> 00:53:16,720 in particular. You know, because you, you, you 909 00:53:16,720 --> 00:53:21,160 are like a connoisseur of, of, of American pop culture and so. 910 00:53:21,160 --> 00:53:24,240 Yeah, British, yes. And I mean, my ancestry comes 911 00:53:24,240 --> 00:53:26,080 from, you know, the UK and Europe. 912 00:53:26,280 --> 00:53:29,880 I'm not anti any of that stuff. Americans seem to think that the 913 00:53:29,880 --> 00:53:32,440 whole world cares about them and loves them. 914 00:53:32,880 --> 00:53:37,120 And and and by the way, the in the Gulf, they're quite advanced 915 00:53:37,120 --> 00:53:39,240 like, you know, like I wouldn't I? 916 00:53:39,600 --> 00:53:41,720 Dubai is insane. Dubai. 917 00:53:41,720 --> 00:53:47,480 I mean, like, I love the, because I remember I, I was, I 918 00:53:47,480 --> 00:53:51,240 did a transit through Dubai to go to Russia and you know, 919 00:53:51,240 --> 00:53:54,680 because my, my Internet in Indonesia is shit and I was 920 00:53:54,680 --> 00:53:57,480 trying to upload this file for like many times. 921 00:53:57,480 --> 00:54:01,760 I keep on failing and I go to Dubai airport using Wi-Fi Zoom. 922 00:54:02,080 --> 00:54:04,480 You know, they, they, they have, they have real 5G. 923 00:54:04,480 --> 00:54:07,360 It's like so fast. So I was, I was very impressed. 924 00:54:07,960 --> 00:54:11,520 I I fell in love and, and you know, to speaking propaganda, 925 00:54:11,560 --> 00:54:14,880 you know, even I wasn't immune before I went to Russia. 926 00:54:15,280 --> 00:54:18,360 You know, even though I, I am aware of the propaganda being 927 00:54:18,360 --> 00:54:22,240 waged against Russia, I thought I'm, you know, pretty cognizant 928 00:54:22,480 --> 00:54:24,680 of propaganda. But when I went to Moscow, 929 00:54:25,400 --> 00:54:30,680 still, it surprised me to see how vibrant the place was in the 930 00:54:30,720 --> 00:54:33,040 in the summertime. And I then I realized. 931 00:54:33,040 --> 00:54:36,880 This is because all the image I see of Moscow is always gloomy 932 00:54:36,880 --> 00:54:40,120 images like in the winter, it's dark. 933 00:54:40,440 --> 00:54:44,160 There's like, there's never like a sunny day in Moscow in the, in 934 00:54:44,160 --> 00:54:47,200 the mainstream media, right? And, and so we'll actually go 935 00:54:47,200 --> 00:54:50,880 there And then when the birds are chip chirping, it's sunny, 936 00:54:50,880 --> 00:54:55,480 people are are walking around in in beautiful summer dresses. 937 00:54:55,480 --> 00:54:58,080 It's just. AI was not expecting that. 938 00:54:58,080 --> 00:55:01,560 I I always surprised. So, so, so propaganda effects 939 00:55:01,600 --> 00:55:04,040 everyone. And I think it does take effort 940 00:55:04,040 --> 00:55:06,360 to kind of deprogram yourself, right? 941 00:55:06,560 --> 00:55:09,560 But that's why people listen. That's why people listen to our 942 00:55:09,560 --> 00:55:11,240 show, right? That's the way people listen to 943 00:55:11,240 --> 00:55:12,440 you. Germs, Yeah. 944 00:55:13,280 --> 00:55:14,560 What's the moral of the story called? 945 00:55:15,720 --> 00:55:18,120 I don't know, I think the moral of the story, just keep an open 946 00:55:18,120 --> 00:55:21,000 mind. Travel, travel, go, go see for 947 00:55:21,000 --> 00:55:25,080 yourself. Like don't believe, you know, 948 00:55:25,200 --> 00:55:28,840 you know, take everything with a pinch of salt and and have a 949 00:55:28,840 --> 00:55:32,800 little skepticism and and then I think you do that very well. 950 00:55:32,800 --> 00:55:34,880 You do that very well and keep an open mind. 951 00:55:34,880 --> 00:55:38,400 Always be skeptic and verify yourself trust. 952 00:55:38,400 --> 00:55:42,480 But always verify. But also remember, Chinese 953 00:55:42,480 --> 00:55:48,840 propaganda is also real. You don't want to elevate China 954 00:55:48,840 --> 00:55:52,000 to this, to this country that now does no harm. 955 00:55:52,000 --> 00:55:53,520 The Chinese government also has a deep. 956 00:55:53,520 --> 00:55:56,320 Statement germs Chinese propaganda is shit man. 957 00:55:56,320 --> 00:55:59,160 The Chinese. For Chinese state media, I mean, 958 00:55:59,160 --> 00:56:02,640 like, I don't, I don't know anybody who could be falling for 959 00:56:02,640 --> 00:56:05,920 Chinese propaganda or should be scared of Chinese propaganda. 960 00:56:05,920 --> 00:56:09,320 I mean, they're, they're like if you look at. 961 00:56:09,360 --> 00:56:13,720 The official Chinese state media like People's Daily, right? 962 00:56:13,720 --> 00:56:16,760 What they what they tweet out X it's easier. 963 00:56:17,480 --> 00:56:22,000 Pandas or like high speed trains or execution of crop. 964 00:56:22,080 --> 00:56:25,640 Music. Or or with horrible music and 965 00:56:25,640 --> 00:56:28,680 with and, and execution of crop officials. 966 00:56:28,680 --> 00:56:30,960 That's it. That's like, I can tell it's 967 00:56:30,960 --> 00:56:33,880 almost like they, they, they rotate these three stories, 968 00:56:33,880 --> 00:56:36,440 right? Pandas, trains and and the 969 00:56:36,440 --> 00:56:40,160 execution of crop officials. How can how can I follow you? 970 00:56:41,000 --> 00:56:44,640 I'm a prolific ship poster on X. Just my name. 971 00:56:44,640 --> 00:56:47,240 Carl Zah again. It's a lot of ship. 972 00:56:47,240 --> 00:56:50,840 Posts so don't take me seriously unless it's true, then do take 973 00:56:50,840 --> 00:56:53,680 it seriously. And I do have a YouTube channel, 974 00:56:53,680 --> 00:56:57,040 Carl Zah. Again same, just my name Carl 975 00:56:57,040 --> 00:56:59,920 Zah. And I have a Patreon site where 976 00:56:59,920 --> 00:57:02,680 I post more stuff on Chinese history. 977 00:57:02,680 --> 00:57:06,120 I'm doing a chronological retelling of Chinese history 978 00:57:06,320 --> 00:57:10,280 from like the very beginning. Now I'm up to like 3. 979 00:57:10,720 --> 00:57:16,200 There's 316 BC, so equivalent in the western history is like the 980 00:57:16,200 --> 00:57:18,800 period after Alexander the Great just died so. 981 00:57:19,160 --> 00:57:22,080 You know, I, I. Still have like 2504 hundred 982 00:57:22,080 --> 00:57:25,920 years 300 years to go taking my. Time. 983 00:57:25,920 --> 00:57:27,200 It's not. It's not that much work. 984 00:57:28,520 --> 00:57:30,200 I'm going to. Live a long time, germs. 985 00:57:30,200 --> 00:57:32,000 I'm going to live a long time, yeah. 986 00:57:32,720 --> 00:57:34,720 All right, calls are. Thank you for joining me in the 987 00:57:34,720 --> 00:57:36,000 trenches. Thank you.