From Family Tragedy to Dollar Wars: Lindsay Clancy’s tragic familicide, Canada’s declining economic policies and Authoritarianism in Global Powers like China

ITU: Ready to break through your biggest business bottleneck? Apply to work with me 1:1 - https://impacttheory.co/SCALE Sign up for my AI Masterclass: https://tombilyeu.com/ai-masterclass?utm_campaign=TBS-Livestream&utm_source=youtube&utm_medium=social https://tombilyeu.com/ai-masterclass?utm_campaign=TBS-Livestream&utm_source=youtube&utm_medium=social Welcome to another thought-provoking episode of the Tom Bilyeu Show Live, where no subject is too spicy or uncomfortable to tackle head-on. In today’s episode, the conversation focused on some of the most polarizing issues making headlines, from viral true crime cases stoking cultural tensions to international economic showdowns and political controversy. The discussion explored the public reaction to Lindsay Clancy’s tragic familicide, delving into themes of empathy, personal responsibility, and society’s sometimes fraught relationship with medicalization and criminal justice. Other key topics included major economic maneuvers to preserve the dollar’s dominance, Canada’s declining economic policies and shifting alliances, the precarious relationship between the U. S. and Russia, and the dangers of overlooking the realities of authoritarianism in global powers like China. Several points were raised, including society’s tendency to let feelings override facts, the consequences of leading with unchecked compassion, and the urgent need for critical thought in navigating both culture and policy. Whether you’re here for deep dives into news, cultural analysis, or high-stakes economic strategy, this episode challenges you to reconsider what it means to balance care with accountability in a world teetering between chaos and order. Sponsors: Cash App: Download Cash App Today: https://capl.onelink.me/vFut/v6nymgjl#CashAppPod *Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. Cash App Visa® Debit Flex Cards issued by Sutton Bank, Member FDIC, and The Bancorp Bank, N. A., pursuant to a license from Visa U. S. A. Inc. See terms and conditions for the Sutton prepaid card, Sutton debit flex card, and Bancorp debit flex card. Cash App Green features, Savings, Direct deposit, Round ups, Overdraft coverage and Discounts provided by Cash App, a Block, Inc. brand. Visit cash.app/legal/podcast http://cash.app/legal/podcast for full disclosure. Quince: Free shipping and 365-day returns at https://quince.com/impactpod Whatnot: Download the Whatnot app today and get free shipping on your first order. Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription order Ethos: Get a free quote athttps://ethos.com/impact Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact ATT Business: Switch to AT&T Business at https:// https://incogni.com/impactbusiness.att.com http://business.att.com Pique: 20% off at https://piquelife.com/impact See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

• 0:00Speaker 00

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• 1:30Speaker 00

  That one is not going to be comfortable for a lot of people. So get them typing fingers ready, boys and girls. I want to hear from you in the chat. Besen warns the world that if they don't meet our behavioral expectations, they can expect to exit the dollar system. That is an interesting flex at a time where people are already exiting the dollar system. We'll see how that's going to work out. Mark Carney promises to match US tariffs dollar for dollar, while his economy has spent the past decade collapsing under brain dead policies. We're going to go through that. Rumors are flying that CIA Director Ratcliffe flew to Moscow because Putin is likely planning a limited military incursion to test resolve of NATO. That's all rumors as the most recent reporting is trying to downplay that.

• 2:15Speaker 00

  But still, nobody knows exactly what's going on, even though people in the mix are saying that the relationship between the US and Russia is in a deep crisis. So we're going to find out over what exactly. And in the third hour, we're going to be going deep diving into Besen's wild plan to save the dollar. All right, let's talk about it. Lindsay Clancy, if you guys don't know this story, she murdered her three children. But somehow, some way, the public response has been so crazy that the response to what happened has eclipsed the act itself. We're going to be going into all of it. Now, if we start at the beginning, you have a mother who tricks her husband into leaving the house

• 2:59Speaker 00

  to run an errand for the kids. While he's gone, she strangles all three of them to death in the basement with an exercise rope. The children were five, three, and eight months old. She then slits her wrists and her throat and jumps out the second story window. She lands, I guess reportedly headfirst, which snaps her spine, paralyzes her, but doesn't actually kill her. She's in the snow. It slows her heart rate down and she ends up somehow surviving it. Now, she's never denied it. The husband says she said directly to him when he found her that she did it. Her lawyers have never denied it.

• 3:44Speaker 00

  Their defense is that, okay, she did it, but she wasn't criminally responsible due to postpartum psychosis brought on by a slew of drugs that had been prescribed for her by various doctors in the months leading up to the incident as she sought treatment for postpartum depression. Now, all of this is an absolute tragedy that I wouldn't wish on anyone. Not my worst enemy, literally nobody. But for the health of our society, we've really got to be clear headed about what's going on here. And we've got to figure out what is the kind of solution that is respectful of

• 4:26Speaker 00

  what a tragedy it is to be a human and to be wrapped in these meat suits and to be so subject to our biology and at the same time be protective of society. Now, this should have been a private tragedy that perhaps found its way into advocacy for caution around prescription drug use. But that's not at all what it's become. What it's become is a spectacle for people whose leading emotion isn't for the grieving father or for the death of the children. The leading emotion is an outpouring of empathy for the woman who actually strangled her children to death. Now, I wouldn't expect anyone to have a single positive emotion about what this woman is going to go through, being sentenced, whether it's prison,

• 5:11Speaker 00

  the fact that she is paralyzed. I wouldn't expect people to be happy. I don't think she's up for the death penalty. But if that kind of thing were to happen, I would not expect anybody to have a positive emotion. This should not be something where people are like, yeah, she got what she deserved or anything like that. This is an unimaginable tragedy that is dark and horrifying. But for the sake of society, we have to recognize that this was a monstrous act. And yes, while we are all products of our biology and our environment, both inside and out, flooding our culture with empathy for that truth without thinking through the consequences of needing to sequester people who break bad

• 5:55Speaker 00

  is exactly how we make society unsafe for everyone. This is the same underlying psychological response that I think is completely unhinged, that is pushing people to want to get an illegal drug user safer needles instead of, yes, forcing them against their will or otherwise into prison and cold, hard detox. If you want to advocate for effective therapy inside of prisons, that's a debate that's worthy of being had. But damn, instead, what we have is people saying that the father did it. And I don't know, yep, we have that clip. So let's play it right now.

• 6:35Speaker 00

  This is Lisa Rinna, I believe is her name, from The Real Housewives of Beverly Hills, giving her take on that.

• 6:45Speaker 01

  All right, he did it. Patrick did it. Patrick's the one who did it. Not Lindsay. Patrick did it because you know,

• 6:56Speaker 01

  I also heard that women typically don't strangle. So awful to even say, but that isn't what a woman would do.

• 7:12Speaker 01

  They don't strangle.

• 7:13Speaker 00

  What?

• 7:14Speaker 01

  I was actually in therapy today and my therapist and I were talking about it. And she said, I said, well, what do they do? She said, well, they poison or I said, or drown them. Like, we literally had that conversation today.

• 7:28Speaker 00

  Here's the thing that I think is completely deranging about that. So something can certainly be atypical and say, okay, here's something to look at. This is outside the norm. This is exactly what I would expect the police to do to go through and say, okay, this is unusual. You're certainly always going to look at the person closest to them to see if there's reason to suspect that they did it. But remember, Lindsay herself is saying, I did it. Her defense team is saying, yeah, she did it. Nobody is saying, nobody credible is saying that she didn't actually do it. They're just saying there were extenuating circumstances. So the fact that this has become a thing. Now, admittedly, I think she's one of the highest profile people that's pushing this sort of lunacy.

• 8:10Speaker 00

  But the very thing that is a through line through my read on this situation at a societal level is that we are mistaking feelings for facts. We have started propagating this idea that if something feels wrong, then it must actually be wrong, meaning factually. So this feels like it couldn't be true and therefore it isn't true. And this is exactly what I've accused Candace of. And part of the debate that was absolutely maddening between her and Andrew Wilson was that that one thing didn't get pinned down. It is very okay to have a feeling. It is very okay to say, I really like, this feeling makes me want to go seek out what the evidence is.

• 8:55Speaker 00

  But if you don't go down the path of seeking out the evidence and finding out what's really going on, you end up building a worldview that is completely deranged because it's never making contact with the actual facts. And when you do things based on, well, this is what feels right and this is what I think that we should do, then you end up creating policies that aren't effective in the real world. And this is why I really think people have got to just lay out what are their priorities? What are they trying to drive towards? So that you can find out if your feelings based policies are actually moving us towards that thing. So, living in Los Angeles, I have watched this change. I've been here now for whatever 33 years, pushing 35 years, somewhere in there. And I've watched LA go from, it was pretty rough when I got here,

• 9:36Speaker 00

  to going through a golden age and now declining even worse than when I got here in terms of homeless people being all over, everywhere. We're canceling anti camping laws and that's flooding more sidewalks with homeless people doing drugs. There's footage of guys, whether this was in LA or not, I can't tell you, but guys like jerking off in front of kids. It's like, it's so wild.

• 10:05Speaker 00

  I get it. A thing that I remind myself of all the time is there but for the grace of God go I. Given that I am in a meat suit and that I am completely beholden to my biology. If my biology breaks, I'm going to be in real trouble. I certainly understand that. But the reality is that when your lead emotion is empathy, not, hey, we've got to protect everybody. We've got to start drawing boundaries around things. We've got to sequester people that are breaking bad, that are mentally ill, that are on drugs, whatever. We've got to remove them from society because protecting society is incredibly important. And one of the ways that we do that is by getting people who are a danger to themselves and others off the street. We don't just go, hey, I feel really bad that this person is addicted to drugs.

• 10:49Speaker 00

  So I'm going to let them do whatever the hell because hey, being addicted to drugs would be rough. That is a completely nonsensical response. Another nonsensical response is to say that she has no responsibility whatsoever, Lindsay has no responsibility whatsoever because she has been prescribed all of these drugs. And this was Candace's take. Let's hear it directly from her.

• 11:11Speaker 02

  I'd love to know your thoughts. I'm a Lindsay Clancy case in Massachusetts. I made my thoughts clear on this the moment that she was arrested, the moment that it made the news. Lindsay Clancy is obviously not guilty. There are a fleet of doctors who should be imprisoned for what they put her on. I regularly speak out against Big Pharma. They get away with murder all the time. And in this case, they are getting away with the murder of really her three children, but also completely destroyed her life. Lindsay Clancy, in my opinion, is not guilty.

• 11:43Speaker 00

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• 15:06Speaker 00

  Thanks for sticking around. Let's get right back into the action. One of my core beliefs in life is that we all have to take personal responsibility for the things that we do. We have to take responsibility for every aspect of our life, even though because we are all products of our biology, I get the limitations of that in reality. But if you don't put that forward as the way that you approach the world, you end up devolving into the kind of madness that we're seeing right now with people saying that this person isn't responsible. It's her doctors. Now, assume for a second that her doctors are evil people who kidnapped her off the street, forced her to take drugs actively against her will, spun her out into some psychotic

• 15:49Speaker 00

  state, knowing that when they put her out, that they would be putting their kids at risk and you've got secret footage of them confessing that they're trying to reduce the world population. Okay. If you have something like that, then yes, I would say that the doctors are responsible. If however, you have somebody that has gone through a very horrific thing, postpartum depression, seems about as real as you're going to get, that there really is this phenomenon that's tied to your hormonal dysregulation post having children. That's a real thing. I imagine it is excruciatingly difficult to go through, and I have deep empathy for anybody that goes through it. But that does not, however, mean that you can hand over your thought process as you go through the medical system. Having gone through, not postpartum depression, but having gone through a medical system

• 16:34Speaker 00

  with Lisa that just could not find the answer, that started recommending to us things that I thought would be long-term detrimental to her health. So we ejected out of that system and I said, okay, hold on. Do not pursue the things that they're telling us to do. I thought they were way crazy. I thought we need to figure this out ourselves. And it was a very frustrating, excruciatingly long process. And ultimately even Lisa realized she couldn't like get me to solve all these problems because I wasn't inside of her body. And so there was no way for me to begin building a map of you ate this thing and it has this effect on you. Same thing with my anxiety. There was no one that was going to solve it for me. I go to the doctor, what does the doctor say? Take anti-anxiety medication every day. I was like, nope, hard pass.

• 17:17Speaker 00

  And this was by the way, whatever, 13, 14 years ago, maybe more, 15, 16 years ago? So this was a very long time ago. We didn't have access to all the information that we have now. I was just completely paranoid about allowing somebody to put me on a drug that I was going to take every day. I was like, nope, we're definitely not doing that. So this is where people have got to maintain responsibility for themselves. I get it. We wish that we could abdicate our responsibility. We wish that doctors were all knowing, but they are not. They are humans. Maybe one day we'll be able to abdicate all of this to AI. But even that, I will say, is extremely dangerous. It is much smarter for people to say, okay, I'm going to use these other things as tools. I'm going to use a doctor as a tool to understand what they're recommending, but I need to

• 18:01Speaker 00

  find out why they're recommending that. I, yes, I know, none of us want to have to think through the biology of all of this. But for Lisa to solve her problem, she had to learn the biology of how she responds to food. She had to learn about the microbiome at a time where there was precious little information about it. I had to learn about anxiety. I had to try everything that I was eating to figure out, oh, what is causing this? So it is very complex. It is very sad that medicine is not perfect. It's very sad that there are financial incentives that cause doctors to just get sucked into a funnel where they want to just recommend everything. We have a pill for that. I don't even think you have to go to Malice to get to that point. We just have a system that has this default belief that drugs have no consequences, that you can take any drug that you want.

• 18:46Speaker 00

  You can take a whole host of drugs and everything is going to be fine. Now, listen, drugs are a miracle and I am glad that they are there. But the unfortunate reality is each one of us as an individual must take responsibility for our own care. And if we don't do that, we will find ourselves in situations like this where we're having people essentially completely disrupting our biology from the outside rather than us going, all right, hold on, we got to slow the roll. Also, if you don't feel that you can be trusted around your children, you need to raise your hand and say, I cannot be left around my kids. Brutal, fair enough. And that would be the kind of thing I would certainly expect the partner to say, hey, we've got to do something to make sure that you can't be put in a position where you can put the kids in danger.

• 19:30Speaker 00

  Where that all happens, we will have to see in the fullness of time about what those conversations look like, what efforts were made to sequester her, so on and so forth. But at the end of the day, if people are not taking responsibility for their own actions, if people are leading with empathy instead of saying, there have to be discriminatory boundaries. We have to say some things are okay, some things are absolutely not okay. And as we respond to this, we may be saying to ourselves, hey, I'm just glad it didn't happen to me because things like that could happen to me.

• 20:03Speaker 00

  If we don't do that, what we're going to end up with is the kind of deranged cultural slide that we're seeing right now, where people are infantilized, nobody is being held accountable for their actions. You have people using drugs on the streets, you have schizophrenics walking around stabbing people on trains. Like, it is absolutely wild. We have a system, I forget the name of this guy, but it just happened recently. This was the guy that was running around punching women on the street screaming about his son Isaiah. If anybody remembers his name, let me know. But that was completely wild. His own family had begged the court system to institutionalize him because they were like, this guy is dangerous. He's going to end up hurting somebody. And they're ignored because people are leading with compassion. It isn't that we shouldn't have empathy. We should. Empathy is gorgeous.

• 20:47Speaker 00

  It's amazing. It's actually a healing thing that brings people together. But if that is the lead emotion that we allow to define our policy, determine how we treat people that are a danger to themselves and others, we are going to end up in a just insane position. Now, if you look at, there's a GoFundMe right now that is designed to support the parents. It's already passed a million dollars. It's got a goal of $2 million and the donations are pouring in. People are creating all kinds of content, talking about how they stand with Lindsay, they support Lindsay, they understand Lindsay. You've got money coming in from Australia, Belize, the UK, and more. We're talking about tens of thousands of people from all over

• 21:30Speaker 00

  the world. And you even have, there was one reel, I don't think I pulled it, maybe I did, Drew, check the list, but there was an OBGYN who did a whole reel showing her support and she was saying, I myself have a story. I'm not ready to talk about it yet, but I'm going to talk about it one day. And there's just this incredible undercurrent of people who are making out like, because they had similar impulses, but managed to control them, that their dominant emotion over what just happened is empathy, instead of being like, hey, I get it. I get how you can feel those things. I get that being a parent is an overwhelming task, but we are all expected to keep this in check. But that's not been the response. We found her?

• 22:12Speaker 03

  It's a good, it got taken down.

• 22:13Speaker 00

  Oh, snap. That's wild. I wonder if she pulled it herself because of an absolute avalanche, I hope, of backlash, because it was absurd. Again, I'm not saying that we shouldn't have empathy for people. Like, think about somebody in the inner cities, they end up getting sucked into a gang. That loop is a deep and abiding tragedy. But that doesn't mean that you don't lock people up who run around shooting people. And speaking of which, the thing that I'm going to find very interesting is how are people going to respond to the guy that just shot his family? So this happened yesterday, I believe. From what I understand, it's very early in the story, so take this all with a grain of salt. We may find out over time

• 22:58Speaker 00

  that this is not exactly how it played out. But the story is, I understand it right now, is you have a guy who was living with his parents. Parents basically told him, you need to go get a job and move out. And he got irate about that, comes to a family party with a gun, shoots and kills. Like, I'm not sure if he was included. Okay, so eight relatives, so he'd be the ninth person killed. So kills eight relatives, including, including four kids at a Sunday dinner, then shoots himself while he's burned the house down around him as well. Will people be like, well, what drugs was he on? What about all the pressure that he was under to get a job and move out? If that's the response, we have completely

• 23:39Speaker 00

  lost the plot. The reality is, I get it, we're all under pressure, it's brutal, mental health issues are real, and people need to seek whatever treatment they can, which they need to be a part of to help figure out what's going on. Or if we say, they're incapable of figuring this out for themselves, then we have to remand them into custody, again, as that family was doing for their child, but could not get anyone to take them seriously. Because we're so empathetic, we want to let that person go live their life, and no, they're gonna be fine. They're not. We've got to protect society. So it's gonna be very interesting. What was the guy's name? That just did the shooting?

• 24:18Speaker 03

  Brad Ireland.

• 24:19Speaker 00

  No, that's the guy whose kids were killed. Alan Smith. So Alan Smith, again, we may find out that he was on drugs. We may find out that he was under a lot of pressure. None of that can take lead. It's not that you don't feel for them. None of that can take lead.

• 24:40Speaker 03

  I ran a poll in the chat, and I said, who did it? Did daddy, the mommy, the drugs? 73% said the mommy. 18% said the drugs. 10% said the daddy.

• 24:52Speaker 00

  Wow. So we really do still have some people that believe it was him. That's wild. Okay, well, at least chat, thank you, that there is some hope in that response. I am very, very happy to see that. Because this is something I've talked a lot about in sort of different aspects, but this story brings it all together for me, which is, what we have here is what I'm going to call the feminization of our view on society. You want women to have that overriding impulse to mother, to nurture, to care for. And of course, we're talking averages here, but you want that push. When that becomes an unbalanced pathological

• 25:37Speaker 00

  force in society, then you start seeing things break down. And this is like classic end of empire stuff. And the more I look at what's happening in the US, the more I realize that what ends up happening is some people need to be chased by a line. Some people, what I mean by that is some people need to be subject to the difficulties of just staying alive. And when you are subject to the difficulties of staying alive, keeping a roof over your head, having to provide for yourself and your family, you realize how hard it is. And therefore, you prioritize things that make sure that safety, security is present so that people can have the safety. Obviously, the push for safety can go too far. China, I'm looking at you, and we'll talk more about them later. But the compassion side can go

• 26:22Speaker 00

  too far. And so what we see here in the West is that compassion is going all the way to the point where it's just becoming a rotten foundation that is allowing things that will destroy structurally, that will destroy the peace and prosperity that we've been experiencing now for apparently too long for the human mind to deal with it. It will destroy it at a structural level that will be very hard to unwind. And how we get that balance back, that one's tough. I, so far, it seems that the only thing that gets that balance back is that the compassion goes all the way to breaking the empire. When the empire crumbles and you no longer have those protections and the barbarians are at the gate, then

• 27:06Speaker 00

  things get so difficult that eventually you revolt and you go back the other way. But if you look at this from, I know this is meme-able, but when you look at this from the fall of the Roman Empire, this gets just abusively clear. Things go so well for so long, and they try to prolong the, this weird balance at the end, where you're trying to placate the people that want you to basically run deficits and inflate the currency, tax everybody to death, redistribute the wealth. You try to placate them long enough so that you can basically stay wealthy and empower as long as you can. And so the decline ends

• 27:48Speaker 00

  up being slow for a very long time until there's that, you know, sort of, not instantaneous, but that abrupt end to the empire. But you see all this kind of stuff. You get the presence of what I'm calling the feminization of society, where you're trying to take care of everybody, you're trying to pay for everything, you're no longer aware that everything is a trade-off, you're no longer holding people personally responsible, and it just devolves into madness. And if we must go through that pain and suffering, it will be a tragedy, the likes of which we haven't seen in our lifetimes. But that seems to be the path we're on.

• 28:26Speaker 03

  I think the thing that's most interesting for me is that the law works on precedent. So because this last case went this way, if there's a case argued in a similar way, it can go a similar way.

• 28:37Speaker 00

  Meaning she'll get, she'll be put in a mental hospital, but not in prison?

• 28:43Speaker 03

  No, I'm just, I'm say, says stating the table for how law is presided in America. It's based off a precedent. You use a formal case to make your claim, and then that's how you settle a case right now. If we really get to a point where she can say, I had the drugs and that's what made me do it. If a school shooter is on SSRIs, is that now a viable defense?

• 29:07Speaker 00

  Yes.

• 29:07Speaker 03

  You know what I mean? And I think that there's this kind of slippery slope. I can understand if it's, they call them crimes of passion, you know, you get stabbed 14 times with the cheating spouse in the shower. Even that is like, yes, that's crazy. I lost control. I snapped. But you can kind of at least walk them through where that snap happened. But I don't know, man, you had to strangle three kids with an exercise band manually. So, and it's three kids, like one kid, you snap out, the kid is blue. Then the second kid, and then the third kid was like, wait a second, the other two. And they started moving. So you had to get up from where you were and go get the kids. I have kids. I can't get one kid to stand still. You had three kids in the basement at night. And they were just sitting there crisscross applesauce. Wait, nigga. I don't know, man. I don't know. That's, that's tough for me.

• 29:52Speaker 00

  It should be tough. It should be tough for everybody. The reality is that what you're looking at is so pervasive in the culture right now where we don't realize that getting the kind of prosperity that we have is brutally difficult. And so when we see this shit, we don't immediately go, yo, fuck that. No way. Uh, hard pass, straight to prison. Like if you want to do reform after the fact, I'm here for it. You want to look at all the realities of the case. But what you're seeing is somewhere along the line, this broke. She premeditated it because she called the stores to like plan everything. She needed to figure out like, uh, how long her husband was going to be gone. So she knew the duration of time that she was going to have to get this done. She then asked him to go to the store to do it because she had this pre-planned.

• 30:37Speaker 00

  So this is somebody who knows, I have gone off the rails. And instead of saying, yo, you gotta remove me out of this situation, I'm, months and months and months before, I'm having all these dangerous thoughts about this. You've got to get me away from the kids. I had somebody on the show that had jumped off the Golden Gate Bridge and survived. And he said, as soon as my feet left the platform, I regretted it and I can't believe that I survived. And he said, now I have a protocol and I know when psychologically it's happening. So I'll literally just go, I need help right now. And so he's been hospitalized many times, but that's the response. That's somebody who goes, oh, I get it. I'm a danger. I cannot be allowed to be put in these situations. I need somebody to help me out of this.

• 31:19Speaker 00

  And so, yeah, great. If she had raised her hand and said, listen, um, I think I'm a danger to myself and to my children. We're going to have to get me out of this situation. If she did that, and then there was a big hubbub about that, and people were like, hey, I stand with you. I had similar thoughts. I totally get how you find yourself there. Yeah, cool. But she killed all three of the kids. That's where something else has to trip in society where we go. This is a deep and abiding tragedy. Uh, I think the, the only internal response, if you feel smug and you're like, well, that would never happen to me. You're a fool. If instead you go there before the grace of God go I, meaning I am beholden to my biology, just as she is hers. And whether that she just got a bum deal from how her brain is wired.

• 32:02Speaker 00

  And she's more likely to have these extraordinary impulses, the postpartum depression is dialed up for her. Whether it's she doesn't have the intellectual horsepower to deal with her own, uh, medication treatment, whatever it is. But we, it's all luck of the draw as far as I'm concerned.

• 32:19Speaker 03

  There, there is speculation that she did ask for help. That's the whole montage of that's why she was on that many type of drugs.

• 32:26Speaker 00

  Love it. So let's say she begged for help. She told everybody, hey, please, somebody get me away from my kids. And they ignore her. No, you're going to be fine. Go babysit the kids. Do you think that that means she's good to go now? Not her fault.

• 32:39Speaker 03

  I'm just offering, it started off with.

• 32:41Speaker 00

  Yeah, I, I love, I love making a question as hard as we can make it.

• 32:46Speaker 03

  That's why 10% of the chat is saying, no, it's the drugs fault. And Candace is saying she's been, uh, taken out by Big Pharma because in this society right now, inpatient hospitals are now for profit. There's no longer like the mental hospitals that we throw people in that they traditionally used to have. Those are all shut down. So now it's either I'm going to spend X amount of dollars on rehab and I have a legitimate systemic problem, or I'm gonna go to a doctor, get a pill, come home and figure it out in three to six months.

• 33:13Speaker 00

  But let's, let's be, let's be very clear in terms of the options that are on the table for her. So let's say I am literally begging everybody. You've got to help me. I am absolutely derailing here. Okay. So she's got the wherewithal to realize I'm in trouble and I need help. Now she's got all kinds of options up to and including, um, I'm going to walk down the street and not come back until I feel fine. Uh, I'm going to go live in the forest. I'm going to kill myself without killing my kids. Like there are a whole host of options. If you have the wherewithal to ask for help, you have the wherewithal to walk down the street and say, I can't be near them. She does not take that exit ramp. And so what I'm saying to people is I understand why you have empathy because you know, there have been several times in your life where

• 33:57Speaker 00

  a, a break in, in one direction or the other, and it could have been tragedy. I almost ran someone over one time with my car when I was 16. I think about that to this day and I'm like, holy shit, my entire life could have changed. I, I missed her by maybe two feet. And so it's like, holy shit. And because I was acting stupid at the time, ironically trying to impress her. It's like, all of that is like, whoa, I just think how narrowly I avoided that. But had I hit her, that would be on me. That's, there's no one else to blame. You can even say, but at 16, your prefrontal cortex hasn't developed. And while that's true, you don't just get to go, oh, they get a pass. So the thing that has to, to click over in society is there were plenty of times where she could have taken a different path.

• 34:41Speaker 00

  She did not. It is a great tragedy that she was more susceptible to this than the next person. But nonetheless, the thing that we have to do is sequester people like this. We have to draw discriminatory boundaries around things and people and say, this is not okay. We are actively going to discriminate. This person has to be removed from society. It's sad. It's a tragedy. I really don't want it to happen to anybody. I certainly don't want it to happen to somebody I know. I don't want it to happen to me. But nonetheless, we've got to draw these discriminatory boundaries. My beef with this whole thing is the response. My beef with this thing is that people are making all of these reels talking about their deep empathy for her. Instead of saying, here's the structural reform that we need. Yes, this woman has to go away forever, but here's what we want to do to make sure that this kind of abject

• 35:26Speaker 00

  uh, tragedy does not happen again in the future. But that's not what we're getting from a percentage of people. I'm not saying that everybody feels this way, but I'm saying enough people are out there putting crazy ass ideas about, uh, it's all the doctor's fault. Nobody has responsibility for their medical treatment. Uh, it's not her fault because she was taking drugs or because she had postpartum depression. And hey, girl, I went through the same thing, uh, with my kids. And so it's just empathy, empathy, empathy. That is why in Los Angeles, anyway, or in Seattle, Seattle now smells like urine. It's wild. I grew up around Seattle. It did not used to be like that. So, uh, LA is an absolute shit show. You've got people doing drugs out in the open. You've got people with schizophrenia, walking around committing crimes,

• 36:10Speaker 00

  and they're getting out and out and out and out and out. If you guys haven't looked at the arrest records of a lot of these people, they are long. Uh, the fact that the families are speaking up and saying, hey, this person's a danger and we're still not locking them up. There is a thing that's happening where we are leading with compassion at a time where it is dangerous to lead with compassion. That is the thing where I'm trying to wake people the fuck up. We have let a very powerful, very needed feminine impulse, whether you find it in a man or a woman, a feminine nurturing impulse, we have allowed it to become pathological. We need to stop immediately. We need to put that in check. That is not a call for the masculine impulse to become pathological and this to turn into a police state.

• 36:53Speaker 00

  Once again, China, I am looking at you. I'm not asking for that, despite the fact that many people in the DSA are. I can always work them into a conversation. And so that is not what I'm calling for. What I'm saying is there is a very sensible middle of the road thing, which is personal responsibility. You've got to take responsibility for being the driver of this very complicated,

• 37:14Speaker 00

  biological machine that we call ourselves. Now I'll stay away from right now, the fact that we are all, uh, automata. We do not have free will, but nonetheless, we have to act as if we do. And we must put structures in place to keep people who are derailing from causing harm to other people. And that is actively not happening in the West. Right now we are moving in the other direction and we are looking at people who say things like what I'm saying, as if they are unloving, uncaring, whatever. That is not at all the reality. There is another thing that must be taken into consideration, which is safety, security, discriminatory boundaries, being able to say, this behavior is worse than this behavior.

• 37:57Speaker 00

  And if we cannot get our heads together and think like that, put laws in place, enforce those laws with that understanding that this is a balance between two competing forces for compassion and personal responsibility. They need to hold each other in dynamic tension in the middle and not spiral off into madness, which is what we are seeing right now. We are going to be in for a rough time. This is why society doesn't move in either direction very long. You move in one direction too long and you get Mao's China. You move in the other direction too long and you get the just insanity that we have on the streets right now. This is crazy.

• 38:35Speaker 00

  We're hitting pause for a moment, but there's plenty more ahead. So don't go anywhere. Let's talk about how much you're paying to stay safe online. Count it up. A VPN, a password manager, something to block ads and trackers. The service to scrub your data off of broker lists, a tool to flag scam emails. That's five, five subscriptions, apps, logins, and most people still have gaps. That's the problem Surfshark solves. It's not a VPN. It's an all in one security suite, one tool that protects your connection, your personal info and your devices all at the same time. Go to surfshark.com/tomb or use code TOMB for four extra months of Surfshark,

• 39:20Speaker 00

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• 39:41Speaker 00

  Thanks for sticking around. Let's get right back into the action.

• 39:45Speaker 03

  Scott Besen has launched Economic D-Day. He had a press conference on Monday where he talked about blowing up the global financial system.

• 39:54Speaker 04

  You described this as an economic D-Day, but D-Day wasn't a threat of an invasion and the US didn't give a timeline to Germany. So why not impose the sanctions today?

• 40:06Speaker 05

  Well, we are giving everyone the opportunity to remedy bad behavior. Why would I want to blow up the global financial system? We believe that it is important to level set and give people a cure period, but they should know that that will move very quickly and that we are serious. Secondary sanctions are a very powerful tool and we here at Treasury, this is Jean Lang, the Acting Under Secretary for Terrorism Finance, and in the Terrorism Finance Department and at OFAC, the reason we are able to use secondary sanctions is because we do not take their use

• 40:45Speaker 05

  lightly. So we believe that a warning shot and a level set of expectations is appropriate. And if people do not want to meet our expectations, then we expect, and they should expect, that they should, will leave the dollar system. Okay? Thank you.

• 41:02Speaker 00

  He's gonna piece out on that one. Alright, so you guys heard it. Scott Besen has launched Operation Economic Outcast. His goal is to isolate Iran. He's calling it an economic D-Day, not because he's storming the beaches and doing it all at once. He's gonna be obviously far more thoughtful than that, which I think is very wise, but any entity that launders money for Iran should be isolated. So the reason that doing this ends up making sense is right now, whether you should have been at war with Iran or not, you are at war. And if you keep trying to prosecute it from a military perspective, you are going to stay in the quagmire that we are in right now, which is we are running out of munitions, we are putting ourselves into this very untenable

• 41:45Speaker 00

  position where we would not be able to defend ourselves should something else pop off. And you are in an extremely unstable world right now. So we went into what is clearly an ill-advised military campaign that we were not able to see all the way through. We almost certainly should have been applying the economic pressure from the beginning, but this stuff is complicated, has a lot to do with the relationships that we have to do with each of the countries. And so, at least we're getting to it now. Now, this is a double-edged sword. There is no doubt that the more that you weaponize the dollar, the more rapidly people move away from it. Besen himself has acknowledged there is a slow-moving train to get out from under the dollar, to end

• 42:26Speaker 00

  the dollar's status as the world reserve currency. But you have a period right now where you can still use that to your advantage. They are pressing the advantage in the short term to essentially restabilize things in the Middle East, to get the Strait of Hormuz open back up. There are signs that that's actually working. Traffic is back up. We reported on this on Monday. Traffic is up through the Strait of Hormuz by 400%. Now, that's off of a very weak baseline, so we have a long way to go. But it does seem that the Iranian grip on power is actually beginning to loosen by using economics with a nice warning period ahead of time so that

• 43:06Speaker 00

  people can decide which side they're on, whether they're going to keep doing things that are against US sanctions or not. We'll force everybody to raise their hand and say what side they're on as we move forward. Now, the real question in all of this is, does the US have the teeth to actually see this through? And I think that's an open question. I think that enough people are moving away from the dollar already, while you're gonna get some benefit out of this, and you might even get the Iranians to come to heel, you might be able to get the people to uprise within the country. And if you're able to do that off the back of

• 43:46Speaker 00

  what looks like to be roughly, July's inflation was, I think, 87.9%. That's very, very close, if not exactly precise to the decimal point. So inflation is running hot. Food inflation is running even hotter at 128%. So now you've got real economic pressures. You also had the real, which is the Iranian currency versus the dollar. It was back in March, it was 1.53 million per dollar. It's now 2.02 million per dollar, so it is falling fast. If you stretch that timeline

• 44:26Speaker 00

  out even farther, the inflation against the US dollar, the real, has just been falling off a cliff since the Iranian revolution. So the Iranian revolution, from an economic standpoint, has been absolutely disastrous for Iran. The economic sanctions have been absolutely punishing, and their contraction of the economy is now, I believe, at 4.5% for this year. So they are on track for absolute economic devastation. So it doesn't take a lot of additional pressure from the US to really cause internal problems if we're already seeing the kind of runaway inflation on food that we're seeing. So we may get what we want out of Iran, we may get them

• 45:11Speaker 00

  to come to heel, we may be able to get the strait open back up, we may be able to get people going forward. But you have the compounding problem that started when Biden froze Russian assets, and the world suddenly realized, yo, even a nuclear power can have their assets frozen if they're in USD. Now you've got even allies, and we're seeing this play out, you've got even longstanding US allies saying, man, I've really gotta look at alternatives here. Now, Besen may be more than most is well aware of this, because Besen himself said his sort of wake-up call was when that happened with Russia, and even France was like, yo, we've got to start looking at

• 45:52Speaker 00

  alternatives. We can't be in a position where the US could choke us off economically. And so, this is one of those, when you use that weapon, that weapon may be effective, but it may serve to further isolate you. So now you've got people with more incentive to exit the dollar system. So then the question becomes, what do you do about that? We're gonna go very deep on this in the third hour, but I'll give you a speed run right now. What you're going to run into is you have a problem with your debt. This is exactly what we're seeing in the bond markets right now. The bond markets are struggling more and more because fewer and fewer people trust the US to be the place that they're going to park their reserve currency. Either because

• 46:36Speaker 00

  they think that you're going to continue to launch wars, and that the wars that we already have cooking may spiral into something bigger and essentially become World War III, and then you're gonna print your way, and therefore your debt is far less attractive at the current interest rates, so we're gonna need you to raise that up, or just your own current rate of deficit spending is going to continue, and so you're still inflating your currency to the tune of about $2 trillion a year. So I don't love the idea of being there. Oh, and we watched what you did to Russia. Oh, and we watched what you did to Iran directly. Oh, and we're watching now what you're doing with secondary sanctions, and putting everybody in the world unnoticed, and even saying the words out loud, you can expect to exit the dollar system if you end up

• 47:20Speaker 00

  using your dollars to further support Iran. So if I am even an ally of the US, I look at that and go, so wait, you're saying if I want to do something with my money that you don't like, that you're going to freeze my money? Yeah, no thanks. I'm going to get on this, however slow-moving train, to get away from the dollar. And so that creates that problem in the debt markets. Again, we'll go deeper on some of the really sort of counterintuitive complications that that can bring when we go deep on the bond market in the third hour. But this is one of those that even if it works with Iran, even though I agree that it's what you need to be

• 48:03Speaker 00

  doing right now, this is a very caustic tool, in that it's going to burn you almost as much as it burns your opponent. And so, welcome to late-stage empire behaviors. What we should be doing is fiscal responsibility. What we should have done if we really thought Iran was a threat, we should have moved a very long time ago before they buried everything, so that we could actually go in and stop their nuclear program. But alas, we didn't do that. And this is sort of the story of, really doesn't have anything to do with America. It has to do with the way that the human mind works, which is when you're safe and prosperous, you keep wanting to push it off, push it off, push it off, until it's too late, and you pay the consequences.

• 48:44Speaker 03

  There's reports that Iran is saying that they have a two-year plan to avoid the sanctions, and just to ground us, or economic D-Day, and just to ground us. We have had sanctions on Iran since 2018. We have, we cut off trade with them since 95.

• 48:58Speaker 00

  Yes, but this really is a whole nother level of it. There are five more sections, sectors that are falling into this. So when you're looking at the secondary sanctions, you've now got digital assets are in there, technology, gold, aviation, and shipping. So things that weren't in there previously. So you've got nearly 60 individuals, entities, and vessels that are designated across China, Hong Kong, the UAE, Singapore, Switzerland, Europe. So all of this stuff is, it's definitely a deeper level of sanction. Now, how much impact it's going to have when China is just telling you straight up, we are going to be completely dismissive of these sanctions. We do not acknowledge them in any way. We are going to do what the hell

• 49:42Speaker 00

  we want. And Besen said, no one is above the reach of US sanctions, so that we are in fact, theoretically, going to put some of these on China. But this is where the reality has to be faced,

• 49:54Speaker 00

  China is powerful, man. They are a powerful economy. And the, you can think of this as a Mexican standoff, or you can think of this as something far more graphic, which is two guys that are holding each other by the nuts. Yes, you can squeeze the other guy, but he's gonna squeeze you right back. And if the US is being ignorant to the fact that they are in a very weak position from a manufacturing base standpoint, from a rare earth metal standpoint, if they're really pretending like that's not a problem, that's going to come back to bite us. This is, I'm sure you've all heard the phrase, the balance of power. This is the balance of power. The balance of power is these two great powers, each holding the other's testicles, and just being willing to squeeze them to death.

• 50:39Speaker 00

  So, don't think that you get a walk away scot-free. There were years, decades, where we had the entire world by the nuts. And so, we could squeeze anybody, do what we want, get what we want, all was well. Those days are over. And when we globalized, we gave away that power. And that's just a reality that we have to face. This is what I'm talking about when I say, eventually, these policies, they make contact with reality. And one of the realities that we were not being honest about is that ambition grows in the Eden. When things are going well, people get more and more ambitious. I am literally going out of my mind that people are pointing to China as if we should say, "The US is bad, but the China, China's good." So, let me get this straight, motherfuckers.

• 51:22Speaker 00

  You're saying that your beef is that the US has an authoritarian leader in Trump? And so, you wanna go away from, in Canada, I'm looking right at you, you wanna go away from this supposed authoritarian leader who is still subject to voting? And instead, you wanna get in bed with the actual dictator, who has a million people in concentration camps? And when they don't like the data, they just stop reporting on it? It is absolutely crazy to me. And as just a reminder, the US is far wealthier than China. So, they are a little more

• 52:07Speaker 00

  rife with inequality when you look at household wealth than the US. So, they certainly don't get a pass there. And their poverty levels are higher than the US. So, and they're far more authoritarian than we've ever thought of being. So, yeah, that one's crazy to me. That one is people who are pushing forward emotional, brain-dead policies. It's crazy. It's crazy.

• 52:34Speaker 03

  Well, since you brought it up, let's jump over to Canada, where they are now matching the US tariff, dollar for dollar. This is Mark Carney's tweet. "In addition, we are introducing 7.5 billion in new and enhanced measures to support Canadian workers and businesses. This builds on nearly 25 billion in support introduced since the implementation of the US unjustified tariffs, defending Canada jobs, industries, and families." There's also this video where he was talking about when he went to China earlier this year, and said that China will lead the new world order. This is my conspiracy theory.

• 53:03Speaker 00

  It's not a conspiracy if it's true.

• 53:05Speaker 03

  He said it.

• 53:06Speaker 06

  I believe the progress that we have made in the partnership

• 53:11Speaker 00

  With China.

• 53:11Speaker 06

  sets us up well for the new world order.

• 53:17Speaker 00

  That was the weirdest way to say that, by the way, ever. I have a feeling he was like, "Fuck, I shouldn't have said new world order."

• 53:23Speaker 03

  He was virtually signaling to the Illuminati to let me know that he took the pledge, so.

• 53:27Speaker 00

  Bro, this is so crazy.

• 53:28Speaker 03

  They got the little babies in his basement waiting for him. He got his goat head, he about to go ham.

• 53:33Speaker 00

  That escalated very quickly. So, even minus the goat heads, Carney is out of his mind. The thing that you have to understand about what's going on in Canada is that Canada, their economy is declining and has been declining rapidly since 2015. Canada keeps insisting on putting absolutely brain-dead policies in place that are terrible for Canada, and at a time where your economy is weaker than it has been in modern history? It is a very foolish time to launch an economic war with the United States. That doesn't mean that the United States isn't acting like an asshole. I don't need you to think that what the US is doing is nice or kind or in Canada's best interest. You don't need to believe any of that. You can think that America's being mean.

• 54:18Speaker 00

  But the reality is that Canada is not in a position to go to economic war with the US. But despite that, Canada, via our man Carney here, has just announced that they're going to match American tariffs, dollar for dollar. So, those duties hit September 8th. We're talking about steel, dairy, appliances, agricultural equipment, pulp, paper, electronics, all the fun stuff. And when you do that, and you understand the position that Canada is fighting from, you really begin to understand what the issues are. Let's go through some of the statistics. Statistics Canada published its own autopsy in March. This is data coming out of Canada.

• 55:01Speaker 00

  Since 2015, Canadian output per person has grown by 0.8% a year. When you see this charted, it is really horrifying. It is literally, starting in 1997, the amount compared to America, but you can compare it to all developed economies, and it's just as bad. But compared to America, you just see that rate going down, down, down, down, down. So, if you think of America as a straight line, from 97 till now, it just goes down, down, down, down, down, down, in like this catastrophic cliff. These guys have been making absolutely horrific decisions as far as dollars getting to their citizens, okay? So, they're 0.8, the American number is 2.1.

• 55:46Speaker 00

  Americans have been getting richer two and a half times faster than Canadians for a decade, okay? The cause is, where is Canada putting its investments? Canada should be putting their investments in oil. That's right, boys and girls. Canada is an energy-producing nation. But they have stopped investing in oil and started making really stupid decisions because there are some complexities around Canadian oil as to why they would have stopped making investments when they did, when there was the shock that happened in 2015, which is the thing that began their decline. So, there was this external impact that hit them.

• 56:29Speaker 00

  But then it met, and this is why Alberta's all kinds of pissed off, it met incredibly stupid regulations around energy that then exacerbated the problem. So, you get this shock where OPEC decides, "We're not gonna hold back, we're just gonna keep pumping out oil." There were all kinds of export restrictions that were put on, I believe, in the US. And so, the US now didn't need as much oil from Canada. And so, Canada gets this like double whammy economically on the price of their oil. And, this is gonna sound weird, but it happens right at a time where Canada oil prices start going up, up, up, up, up. And because Canada prices are going up, up, up, up, up, everybody's like, "Oh my god, like, we wanna build the next well,

• 57:14Speaker 00

  and the next well, and the next well." But the problem is that you can spin up all of these oil wells faster than you can get more people to work those oil wells. So, the cost of everything is actually going up precisely because you're building so many wells, and you get this weird reinforcement loop, where the more wells you authorize and start building, the more expensive the work becomes, and therefore, the more expensive it is to get the oil out. But it's all happening at a time where oil prices are getting higher. And so, now, you can justify a more and more expensive oil well, but if you're thinking long-term, you realize this is eventually going to normalize, and it's gonna start crashing. Because you're gonna start producing a ton of oil because you've brought in all these wells. So, that's exactly what happened. The numbers go way up, and then they crash way back down.

• 57:59Speaker 00

  And when they crash way back down, now, everybody's in a terrible position because they have all these wells that aren't gonna be able to break even. There's just this absolute economic catastrophe that happens. And now, Canada pulls back on their capex. And their capex, in terms of investment in oil, it peaks in like 2014, starts declining in 2015 as all of this madness is happening. Then, 2018, 2019, they start putting these terrible policies in place right as the oil price is beginning to recover. So, it wouldn't have been fun no matter what, because the math is just gonna do what math does. But had they not put the policies in place that curtailed the tax incentives to invest in oil, they almost certainly would have been able to build their way back out of this.

• 58:42Speaker 00

  So, on top of all their absurd redistribution policies that they've been putting in place since, hey, guess who came into power in 2015? You'll never guess, Trudeau! So, you get all of this anti-energy, left-leaning policies, redistributive policies that are weakening Canada's economy. You get the continued decrease in the amount of money that ends up in the hands of the workers. And on top of that, you get just the overall economy is falling and falling for a host of reasons, but none of which are being helped by the policies that Canada puts in place. Okay, so that's the backdrop of now Carney saying, "Let's go to war with the US." So, and by the way, who's he getting into bed with? An authoritarian regime. It's so wild to me.

• 59:26Speaker 00

  This is, I think this guy to the south of me is an asshole, and I'm gonna paint him as the worst thing since Hitler. But the reality is, the guy that I'm gonna choose to get in bed with and set myself up for the new world order is the guy that's actually doing the things that I'm saying Trump would probably do if he could. But you go with the guy that's actually doing them, it is very bizarre mental gymnastics.

• 59:53Speaker 03

  Yeah, is it just self-preservation at this point? China's giving them a better deal in the short term, so?

• 59:59Speaker 00

  No, this is suicide. This is emotions. This is Carney saying, "I don't like this guy." This is Carney making a bet that the world is moving away from an erratic America. And so, we're gonna go to a stable authoritarian government. So I would rather be with the stable authoritarian guy, who isn't afraid to shoot his people, uh, isn't afraid to purge his military, isn't afraid to put people in concentration camps, isn't afraid to lock people up. I won't name names, boys and girls, but I've had people on my show, in recent memory, who are from China. And when asked the most blasé questions about China, and then they give a very blasé answer, so blasé that I stop asking questions about China,

• 1:00:43Speaker 00

  because I realize, "Oh, I'm gonna get a political response, not a real response." So imagine, blasé question about China, blasé answer about China, and what's the first thing they ask me to do when they walk off set? Drew?

• 1:00:54Speaker 03

  Um, can you remove that section about China?

• 1:00:56Speaker 00

  Correct. Why? Because they're afraid of their government. So, the reality is, when you live inside of that government, and you have to be like, "Ooh, I've gotta watch every milquetoast statement that I say, and we're gonna jump ship from..." Admittedly, America's acting erratic. "But I'm gonna jump ship from that and go to..." Drumroll please, the authoritarian leader. It's so stupid. So authoritarianism, when it breaks bad, it breaks really bad. So, is that the person that you really want to invest in? Now, that's not me letting America off the hook. "America, stop doing dumb shit." "Trump, please, for the love of God, stop doing dumb shit."

• 1:01:39Speaker 00

  Anybody that says that I don't call Trump out for doing dumb shit is dumb themselves. I've called it out so many times. Uh, it's fucking stupid. And you can point to a lot of the things that they're doing that are going to cause them problems. So...

• 1:01:53Speaker 00

  But, does that mean that as your economy is declining, that you go from having a trade negotiation with your closest physical partner, who remains still either the biggest economy in the world, or tied for first, uh, but certainly is logistically infinitely easier for you to trade with, at a time where you have found yourself falling to the absolute last place in terms of developed economies? China is last place? Now, I haven't brought this up yet, because I don't think it's nearly as important as the things that I just walked you through, which is the actual what happened of it all. But they are projected, and these should be heavily discounted, but they are projected to continue to be the worst economy

• 1:02:38Speaker 00

  in the developed nations, up through like 2060. So, this is not somebody that anybody thinks is making the decisions that are going to put them back on a path to growth. Uh, these guys are in decline, with no signs of ending that decline. And instead of getting their shit together, what are they doing? They're leaning on these former globalist principles. They're saying, "Hey, China, give me cheap shit." "Hey, China, uh, hollow out my automotive industry, please." That would be amazing. Instead of saying, "All right, I fucking hate Trump, but I'm gonna do a deal with the US, because it's in the best interests of my citizens to do a deal with the US, because we've gotta find a way to bring jobs back to Canada.

• 1:03:19Speaker 00

  We've gotta find a way to invest in energy infrastructure here in China, which unfortunately is oil. I'm sure they would like to get away from that, but Canada's not gonna be..." What's that?

• 1:03:31Speaker 03

  You said, "Here in China, here in Canada."

• 1:03:32Speaker 00

  Sorry, thank you, Jesus. Yes, here in Canada. Canada, Canada, Canada. Uh, so yeah, the fact that they're not doing that is...

• 1:03:40Speaker 03

  But Canada doesn't make its own cars. It's already...

• 1:03:44Speaker 00

  It could.

• 1:03:46Speaker 03

  Like, it can come up with a car brand and spin it up?

• 1:03:49Speaker 00

  Yeah, that's not necessarily what you wanna do. What you wanna do is get the manufacturing from, uh...

• 1:03:55Speaker 00

  With tariffs, it becomes a different question. But yes, you wanna make things yourself. It doesn't have to be the automotive industry, but you wanna make things yourself. You wanna be as involved in that process as you can. And a lot of the trade agreements that we've had between the Canada and... Between Canada and the US have been around. You guys make some of the parts, and then we assemble it here, or vice versa. And so, there's been all of this cooperation between the US and Canada. But that stopped in earnest, really under Trudeau. So from 2015 until now, relationships have just been getting worse and worse and worse and worse and worse. What they should be doing, interesting, you... What part of that do you disagree with?

• 1:04:32Speaker 03

  Uh, 'cause something happened in 2015 that started... Okay, okay, let's take a step back, let's take a step back. Where we are right now, with Canada, you're saying that this has been a slippery slope since Justin Trudeau came in in 2015?

• 1:04:43Speaker 00

  That's part of the problem. The real thing was the oil shock. That's what started all of this. And so, I'm saying, you've got the oil shock, it was very real. You had the overbuildout, that was very real. You had the crash of the oil prices, which should've been predictable, but whatever. That was very real. Now, the question becomes, okay, we know that that's our primary, like, source of revenue. How do we get that moving again? Which they did not do. Instead, they had Justin Trudeau. They started pushing harder and harder to the left. They started doing the same thing that much of the West is doing, which is importing immigrants to try to lower wages, to try to mask the fact that their economy was getting worse and worse and worse. They started importing things from China, because it's cheaper and cheaper and cheaper. And, they've obviously started straining the relationship with the US. It's not easy to work with, but straining that relationship...

• 1:05:28Speaker 03

  They started straining the relationship?

• 1:05:29Speaker 00

  We have strained it together.

• 1:05:30Speaker 03

  Okay.

• 1:05:31Speaker 00

  But what you have to figure out is, okay, I've got the US, the US is being problematic. Do I make sure that I, uh, create a scenario here where we improve our relationship as much as we can with the US? Or, do you move away from the US and partner up with China? That's the realistic question. There isn't the third option of, "I get to preserve my dignity, I get to show that I'm sovereign, uh, and somehow do what?" Insert, like, what's the policy here?

• 1:05:58Speaker 03

  Work with the EU, work with Australia...

• 1:06:00Speaker 00

  Yeah, it's not gonna work, they're not big enough economies. So, uh, the EU is fractured enough. The EU, when collective, is a big economy, but they're also declining. So you've got the EU shooting itself in the face economically, not gonna be a good long-term partner. You've got the US bullying people. You've got China, um, trying to paint themselves as like, "Hey, we're okay, but we're the very..." We are the thing that you're saying Trump wants to be. And so, it is just surreal to me that people don't go, "Okay, I wanna partner with China, but I'm very concerned about the authoritarian nature, so I know that they'll put me in a position where I am beholden to them. Do I wanna be beholden to an actual authoritarian regime?" Probably not. But let's say that I can overlook that. Do I wanna deal with the distance between the two of us?

• 1:06:45Speaker 00

  Logistically, moving things between the two of us is gonna be very difficult. Ultimately, what I'm gonna rely on is importing things from China, getting things cheaply. Now, we just watch globalization happen. And what it does is it hollows out your industry. It doesn't need to be automotive. It can be a thousand other things. Including, by the way, if China really solves, um... Let's say that they solve nuclear, and they've got nuclear technology that's better than anybody else. You're probably... I mean, maybe Canada can pull off, like, wind? And, um, ocean currents and getting hydroelectricity that way? But they're too far north to expect, um, solar to be the big solve for them. So, you're probably not gonna import Chinese solar, but...

• 1:07:27Speaker 03

  I don't know, it sounds like you're saying Canada is doing this as if there's some self-destructive person...

• 1:07:33Speaker 00

  Canada is doing this as self-destructive. Those people are nameable, Justin Trudeau and Carney.

• 1:07:37Speaker 03

  But, the two trade agreements that we did have were both ripped up by Trump. It's just, I think it's...

• 1:07:43Speaker 00

  But ask yourself why. Okay, so Trump is trying to make you the 51st state. Make it as ugly as you can.

• 1:07:47Speaker 03

  But even before that, that we already had a trade agreement, he renegotiated the first trade, the US MCA or NAFTA? I forget which one was first. But he, uh, renegotiated that one during his first term. That was what caused the initial fracture before us, because we...

• 1:08:01Speaker 00

  Why?

• 1:08:03Speaker 03

  Why did Trump do it?

• 1:08:04Speaker 00

  Yeah.

• 1:08:05Speaker 03

  I don't have any good answer for that.

• 1:08:06Speaker 00

  Okay, the good answer goes something like this. I'm gonna be overly generous, for sure, but just to paint a very easy-to-read picture. Uh, globalization has absolutely cratered the US. Uh, so, Trump, I like to think, realizes, "Okay, we've gotta return manufacturing back to the US." Uh, China is the big enemy, all eyes on China. Um, "I'm gonna start flexing my muscle, and I'm gonna get people to start relying on us and start decoupling as much as possible from China." And so, whether that's Mexico...

• 1:08:36Speaker 03

  He didn't make people decouple from China, he made people decouple from us.

• 1:08:39Speaker 00

  No, he didn't make people decouple from us. He, um, acted like an asshole. He gave them an emotional reason to want to decouple from us. But my... So, my base assumption that I'm operating is that in trying to partner with China, it's gonna be worse for the Canadian economy. If you don't share that assessment, then I get why. If you're like, "But China's gonna be great for the Canadian economy", then it's like, "Okay, well, at least we can argue about that base assumption." But if the read on this is, "Well, this is a reasonable and right reaction to the US acting like a bully, of course you would break away, and of course you would punish your citizens." I'm just like, "No, that's nonsensical." So, I'm perfectly willing to concede. Trump puts people in a position where they hate him so much that they want to do things that are terrible for their citizens.

• 1:09:24Speaker 03

  It sounds like you're saying that we're the best, greater of two evils, so suck it up, it doesn't matter how I treat you.

• 1:09:28Speaker 00

  That, sure, we'll round it to that for the sake of argument. Yes, correct. And you should suck it up and deal with it until you're in a strong enough position to get out from under it. So, this is where people really should say, "We need to look at China." They're just saying it for the wrong things. China shows you what it means to play the supplicant as long as you have to, with the great power, until you can be dismissive of them. Xi Jinping wrote that down, God knows how long ago, 15, 20 years ago. And he said, um, "We're going to bow to the great power while we're weak, and then, once we're strong, we will be dismissive." And I quote, "We will be dismissive." And what are they being now of the US? Dismissive. Why? Because they got powerful. So, when you're talking about great power politics, if I were advising Canada,

• 1:10:13Speaker 00

  and I'm just like, trying to make sure that Canada is as strong as it can be, I would say, "Give up on all the green shit, doesn't matter." Uh, "You guys are an energy powerhouse, you need to lean on that." "You need to make that your industry, and you need to start negotiating deals in such a way that everybody becomes reliant on you guys." So you're gonna have to be able to deal with the OPEC power of them trying to fuck you up. Now, what that looks like, I'm not an energy expert, I'm not gonna be able to give you the answer to that. But in terms of, like, what you need to look at, what are your resources? How do you, like, make sure that you're as strong as humanly possible? So, "We're going to, um, do everything we can to get our industry booming there. We've gotta make sure that we have good relationships with the US."

• 1:10:53Speaker 03

  Okay, let's start with an analogy, right? 'Cause...

• 1:10:55Speaker 00

  Well, tell me which part is breaking for you. There's some base assumption I hold that you reject.

• 1:10:59Speaker 03

  Because I think that you're saying, "Canada should just suck it up and eat the cost." And I'm thinking...

• 1:11:04Speaker 00

  Now, let me say, yes, and I granted you that, but what I want you to understand is why I'm saying that. I am running the base assumption, Canada should do what enriches their citizens.

• 1:11:15Speaker 03

  Yes, but I think that you can accomplish that goal in multiple ways. It's kind of like if you have a supplier.

• 1:11:20Speaker 00

  But one way.

• 1:11:21Speaker 03

  If you have a supplier, Quest Nutrition. If you have a supplier, you were good with them. You had a trade deal, 30 years it was good.

• 1:11:27Speaker 00

  Yep.

• 1:11:28Speaker 03

  They have a new owner. The owner says, hey, I'm in town now. We're going to renegotiate a deal. Okay, this is weird. We had this deal for 30 years, but okay, I'll renegotiate it. Cool. Five years later, that owner comes back and says, hey, I know I renegotiated that first deal. That first deal was bad too. Now this is the second deal. So in.

• 1:11:44Speaker 00

  This analogy is amazing. It's brilliant. It shows the power of your mind. I love that you bring things like this up. Now let me do the thing I do.

• 1:11:53Speaker 03

  Then the last thing. So then the last thing will then be, can you blame that company then to say, I need to find a more stable supplier? That's not going to change every eight years.

• 1:12:01Speaker 00

  Of course not. That is precisely what they should do.

• 1:12:05Speaker 03

  Okay.

• 1:12:05Speaker 00

  But what I'm saying is you don't, in a fit, go fuck you guys. I'm going to find something better. You go into a private meeting and you say, fuck those kids. We're going to get rid of them and I'm going to put together a 30 year plan of how we're going to get out from under them. But when we meet with them, we're going to be like, oh my God, guys, it's so good to see you again. We love you guys so much. And it's like, look, I brought some butter so that you can fuck me in the ass and it's just easier for both of us. That is how you deal with it while you grow stronger. This is exactly what China did. Remember, China put nets up around Foxconn to stop their employees from committing suicide so that Apple could get cheap iPhones. Okay? That's evil.

• 1:12:46Speaker 00

  But it's exactly how you build what is now rivaling the US for the strongest economy in the world. I get that we don't like that. I get that it's icky that that worked, but it fucking worked. And it was an expressly stated policy of the CCP to do that. Suck up to the US and to the rest of the world, play nice until you are strong enough and then you can be dismissive. And then he put out a notice, I forget what year, 2016, 2017, something like that, and said, we are now going to be increasingly dismissive. And now we're into the full, just dismissive, dismissive phase of this rise to power. It is an absolutely brilliant way. Now, I want to go back to the analogy that you laid out because it's genius.

• 1:13:29Speaker 00

  And let me tell you how this actually plays out in the real world. So one of the things that Quest was beholden to is protein. Now, why is Quest beholden to protein? Because the protein that we used, whey, is a byproduct of an industry, Drew, that is orders of magnitude larger. And that's the cheese industry. Now, not a lot of people know that whey protein is simply the shit they scrape off the top when you're making cheese. You cannot make more whey protein because whey, without increasing the size of the cheese industry, because it's just a byproduct of an industry for whom that's a rounding error. They don't even fucking think about it. Whatever, you guys want it? Yeah, yeah, yeah, sure, whatever. And so when we got into the business, it was you're fighting and scraping for every

• 1:14:14Speaker 00

  gram of protein that you can get. Now, in the beginning, we were psychotically weak because we were tiny. We were buying protein like one bag, two bags. And I remember when they were like, guys, you gotta buy a pallet or fuck off. And we were like, holy shit, can we afford to buy this pallet? What if we lose this money? I mean, I can't remember how much it was, but it was tens of thousands, if not, it might have been 50,000 plus. And so we're like, oh God, like, are we really going to do this? It was a super big gamble. So we end up saying, okay, yes, we can do it. Protein lasts for this long. We think we can do it and if we grow, we're going to be okay. So we end up buying it because we're in a weak position. Now, by the end, Drew, we were the second fastest growing company in North America.

• 1:14:57Speaker 00

  We were eating everybody's fucking lunch. If I wanted more protein, I could go in. I was never going to be a dick, but I could go in and be like, hey, guys, we're going to need some more of that protein. We knew that was putting somebody else potentially out of business because they just couldn't get the protein. And so, once we were strong, it was a different ballgame. But no matter how big of an asshole they were on the phone, dismissive of us, talking to us like we were little bros, all of that stuff, it didn't matter. I had an obligation to my wife, if nobody else, because my house was on the line. So it's like, if I do what is emotionally gratifying, which I literally have a rule in business, never do what's emotionally satisfying.

• 1:15:39Speaker 00

  So you can imagine, I'm looking at Canada going, you're doing what's emotionally satisfying. This is bad for your fucking citizens. Look at the goddamn charts. They're falling off a fucking cliff. I'm not making this up. I'm not like, oh, Canada, hey, this is going to be bad one day. I'm saying, look at the last fucking decade. You guys have shot yourself in the dick, in the face, in the foot, over and over and over. You can point to the policies, you can point to the historical beats. Nobody is confused about how Canada's ended up in this situation. Okay? It's, this is why I didn't give a presentation of like, all the predictions. All the predictions are fucking terrible for Canada.

• 1:16:14Speaker 00

  Let's just talk about what's actually happened. So the things that have actually happened are, bad thing happened to them from the outside and then they responded like fucking idiots. And so I'm saying, I get it. It's emotionally satisfying to tell the US to fuck off. And by the way, I understand why you go in a back room and you say, gee, listen, bro, we're on your team. We want to get this shit done. We want to find a way to get the fuck away from America. And Drew, if they did that and the quiet whisper whisper, and their numbers start ticking up on the back of China, then be a dick to Trump. Then say fuck you. Then be like, bitch, we don't need you anymore. Slap your 80 pound dick on the counter and tell everybody to get the fuck out. America, you can piss right off. We don't care about you. We're going to mash, we're going to double your tariffs.

• 1:16:59Speaker 00

  For every dollar you do, we're going to do $2. Fuck you. Because big daddy China's got my back and life is getting better for my citizens. I'd be like, yeah, I don't like it because I'm America and I'm going to be hurt by that, but I get it. What I don't get is them doing bitch ass shit that is emotionally satisfying and terrible for their fucking economy.

• 1:17:22Speaker 03

  Somebody put in the chat, it took Drew 20 minutes to understand TDS. So that's what it's coming down to. This is just TDS.

• 1:17:29Speaker 00

  No, okay. So it's so interesting.

• 1:17:31Speaker 03

  I didn't take it that way.

• 1:17:32Speaker 00

  No, no, I know you don't. And you're, you let this stuff roll off your back. But here, as a public service announcement, I really, I always want people to understand how you think about the world. Whenever I misrepresent you, you will always speak up. I trust you to do that.

• 1:17:46Speaker 00

  The reason I find Drew so advantageous to my own thinking is that I have a belief system that pulls me inextricably in a direction. Drew has a belief system that pulls him inextricably in a different direction, but he's very smart and he sees things that I miss. So I don't think this is Drew failing to understand Trump derangement syndrome. This is Drew going, but these guys should be going to war for their own side. And if they see a path out of this, they should be taking it. And the thing is, he's right. And if I wasn't articulating that, that is a very important thing to articulate, which gave me the opportunity to point out, I'm talking about where the rubber meets the road here. I'm talking about the fact that this actively has proven to be bad for their people. So anyway, want people around you that see the world differently than you. Don't brush them off.

• 1:18:31Speaker 00

  Some of them are unhinged. Drew just happens to not be the unhinged one.

• 1:18:35Speaker 03

  Oh, okay. We got to jump over to the CIA, will they, won't they? What's happening in Moscow right now? Putin met with the CIA in the Vatican in the same day. And I just think that's interesting. People are thinking it meant there was an imminent strike to the EU. This was Russia going against NATO. Some reports came this morning, it might just be Iran war nonsense. So we're still speculation, but let's see what, give us the read, Tom, what's it looking like?

• 1:19:01Speaker 00

  All right, we got a lot of speculation that something big is going on with Russia. But the question is, is it really? CIA Director John Ratcliffe landed in Moscow. It was the first known trip to Russia of his tenure. It is not often that the sort of spy, the head of the spy division of the US is going to roll up in the Kremlin. I think the last time it happened was back in like the 20 teens. So this is not a thing that happens very often. So for him to do it, it is a big deal. For it to be a sort of unannounced trip, more details are coming out about it. So it's probably a bit of misperception when it first happened. But it is very interesting and it tells people that something is going on, especially when the people closest to the situation are saying that the relationship between

• 1:19:44Speaker 00

  the US and Russia is in crisis. So if this is being billed as a deep crisis and we're sending the head of the CIA, it's like, okay, what's going on here? A lot of question marks. Now, one of my favorite conspiracies, and it is a conspiracy, but my favorite conspiracy, just because it's like, I don't see how we don't end up here at some point. But this is conjecture, conspiracy, everybody should have a tinfoil hat strapped to their head for this one. But that basically Russia believes that Ukraine has crossed a red line. They've said literally exactly that in recent days, that they've crossed a red line, that their targeting of what they're calling civilian infrastructure is completely unacceptable, that they're being backed by Europe.

• 1:20:29Speaker 00

  And if Europe doesn't stop providing that support now that this red line has been crossed, that they're going to, and then he gets very vague, but the sentiment is, I'm not going to sit on my hands forever in regards to Europe. Okay, with that looming in the background, then Ratcliffe showing up on the ground there with giving people little to no information about why he's there. People go, okay, this is Russia leaking intel that made its way back to the CIA, where we look at this and go, all right, these guys are about to make a move to test NATO's resolve. Now, all of the grumblings that I've heard, nobody is saying that they're gonna like hit him with a nuke or anything stupid like that, but that there would be some limited incursion on the border of a NATO country,

• 1:21:14Speaker 00

  so that they could send a message and maybe even more importantly, see what the response is. Because he knows Europe itself is divided, he knows the US and Europe are very divided. He knows that Europe is beginning to build up their military presence, but isn't quite there. And so if the US doesn't join in, that if he's going to make a move, now would be the time. And so if he's gonna get some sense of what's going on, that that might be a play. Now, I've been hearing that grumbling for a while, and so far, absolutely nothing has come of it. I think that Russia is probably in a pretty gnarly situation. They just had a massive explosion in one of their, their energy infrastructure that's 6,000 miles from the, uh, meters, kilometers, kilometers.

• 1:21:57Speaker 00

  6,000 kilometers from the border. So almost certainly wasn't Ukraine sending any sort of drone or missile or anything like that. Would have had to have been either just complete coincidence accident or sabotage from the inside. But nonetheless, is not a good day. They've been building that facility for seven years. The second they turn it on, a part of it explodes. That's not gonna make them feel very good. And then Ukraine has shown that they can hit a ton of their infrastructure. So this does not feel like a war that Russia is by any means winning. And so the question becomes, who's got more energy? Who's able to put more pressure on the other? And I can see Russia escalating if they feel like they're in a truly desperate situation. But right now, it's sort of same as it ever was.

• 1:22:42Speaker 00

  It's possible that things are brewing in the background that are about to spill over. But basically now, as more information comes out about Ratcliffe's trip, it is people trying to downplay, downplay, downplay. This is not a big deal. Nothing necessarily came out of the talks. They are over, he's back. So right now, there's really nothing concrete to report, other than this idea that people are now talking pretty openly about the US and Russia's relationship being in deep crisis. So we'll see what comes of it.

• 1:23:14Speaker 03

  I feel like they, they had strikes yesterday. I'm trying to look at the exact article. But Trump was talking to Glenn Beck yesterday. I don't have the audio, but he downplayed it, saying it was none of the above. It was semi-routine. It was nothing to see here.

• 1:23:27Speaker 00

  It's not semi-routine, we know that, because we don't send the CIA over there very often. But that it isn't because of some imminent attack makes sense to me, because I don't think Ratcliffe is who you would send if that were the case. If you really had imminent attack, that's gonna be the kind of thing that you either want Rubio or Vance on. So I would be shocked if they sent Ratcliffe. But that could be me not understanding Trump's relationship to him.

• 1:23:56Speaker 03

  Yeah, we will monitor the situation. Also, in crazy situations, have you seen this Nepal flash flood footage? It looks like, it looks like the end of a movie.

• 1:24:07Speaker 07

  Terrifying.

• 1:24:08Speaker 00

  And we know this is an AI.

• 1:24:09Speaker 03

  No, yeah, it's real. There's a flash flood, 380 people missing.

• 1:24:12Speaker 00

  You guys are gonna wanna watch this. This is a look at your screen kind of thing.

• 1:24:15Speaker 03

  You kind of start seeing people running. It's like, wait, what's happening? Kind of like the birds, how they're the first ones to like move and stuff.

• 1:24:21Speaker 00

  It's so weird, because in this shot, you can't see anything, except people running.

• 1:24:24Speaker 03

  It's just like, oh, this is weird. And then one-

• 1:24:26Speaker 00

  Holy Jesus!

• 1:24:28Speaker 03

  And it's still going.

• 1:24:28Speaker 00

  No way!

• 1:24:29Speaker 03

  Not done yet, it's not done yet.

• 1:24:31Speaker 00

  Oh, those guys are all dead. They're all dead, every single one of them.

• 1:24:34Speaker 03

  Sheesh.

• 1:24:35Speaker 00

  Holy shit, what happened? There's no way.

• 1:24:40Speaker 03

  Yeah, flash flood near the Nepal.

• 1:24:41Speaker 00

  But bro, that was bigger than like a five-story building.

• 1:24:43Speaker 03

  Crazy, crazy.

• 1:24:45Speaker 00

  What, what, what waterway did a dam break?

• 1:24:49Speaker 07

  I think it's because it's a valley, right? They live in a valley, is what I was reading.

• 1:24:52Speaker 03

  But yeah, but what was the first thing that like-

• 1:24:54Speaker 00

  Yeah, look at that.

• 1:24:55Speaker 07

  For the cause of it, gotcha.

• 1:24:57Speaker 03

  When I clicked it, Zest hit early Wednesday when it triggered by an apparent earthquake-induced avalanche into the river.

• 1:25:03Speaker 00

  My God, so this is basically like a tsunami from a river. That makes a lot more sense. Okay, so earthquake, drop. So here's something that not a lot of people understand. Water is uncompressible. Think about that for a second. When you jump in it, I think people think that water is like the ultimate compressible thing. But in reality, everything that goes in it displaces water. You actually, if you dip a toe in the ocean, you have technically raised the water level of the ocean. Now, obviously, the ocean is so big, your toe is so small, you don't notice. But you'll see this a lot in like where the ice sheets cleave off and fall into the water. If you're a boat nearby and you think, oh, that's cool.

• 1:25:44Speaker 00

  You have to be very careful, because if enough falls in and all that water is displaced, then it will literally create like a little regional tsunami, which is pretty crazy. There are all kinds of like evidence of in Alaska, you'll get these like glaciers and mountains where you'll see evidence of a water level like, I'm making this number up, 800 feet, 1,000 feet up, whatever, just like crazy heights. And people are like, how on earth? And it's because on the other side of the bay, something cleaved off, fell into the water, and then it just sent this huge gush of water. So if you guys weren't looking at your screen, it's sort of hard to convey how big of a wall of water that was.

• 1:26:21Speaker 03

  This is like the pathway of it. It came down like, there was an ice earthquake up here, slid down, slid down, came through. And then to Ryan's point, the people at the bottom of the valley kind of got hit the hardest.

• 1:26:32Speaker 00

  Bro.

• 1:26:32Speaker 03

  Yeah.

• 1:26:33Speaker 00

  Bro, it's one of those things that happens so infrequently that you can sort of lull yourself in. But what's gnarly is that in that video, I mean, how many people were there? 100 running? They're all toast. Like, no, not a single person survives that. There's no way. That, that was a wall of water so big, it looked like, uh, it looked like AI.

• 1:26:52Speaker 03

  And the entire pathway, they say there are around 1,000 people still missing on on California. So thoughts and prayers.

• 1:26:59Speaker 00

  That is so brutal, man.

• 1:27:00Speaker 03

  Also, breaking news, Facebook Meta, they threw 17 billion and said, leave me alone. They have settled all the state's lawsuits about Instagram and Facebook hurting minors. So they were-

• 1:27:13Speaker 00

  For 17 billion?

• 1:27:14Speaker 03

  Yeah, they were supposed to go to trial in New Mexico and California. Some other states have signed on to have their own lawsuits. So instead of dealing with it, they just cut the check. Some people claim that the trial, if it would have went and they would have been found liable, it could have been like a trillion dollar lawsuit, something crazy like that. So they just cut the check and go. But I never understood where this is money go. And there's gonna be like, oh, kids, safety, teachers and stuff like that.

• 1:27:39Speaker 00

  So first of all, whatever law firms were involved in this just took whatever 20% of that. So they're going to be riding high on that for a very, very, very long time. And then it'll be a class action. So people will get a notice that says you may be eligible for payout funds from this lawsuit.

• 1:27:56Speaker 03

  Yeah.

• 1:27:57Speaker 00

  Go here and do your thing. Very little money usually ends up making it to people. So unfortunately, the, whenever you look at this stuff, the people that really win are gonna be the people in the law firms. So that's bad. But if, the question that people should be asking is, is this going to change behavior? Because I have growing concern about the impact of tight dopamine cycles on the developing brain of a child. And what I mean specifically is, when you look at the dopamine cycles on reels, you can see what it does to kids, the inability to be bored. I recently spent time with a family and one of their kids is obsessed with football.

• 1:28:42Speaker 00

  But by obsessed with football, I mean that he watches football sort of out of the corner of his eye and he scrolls on TikTok for like reels about football at the same time. It's so wild. So this is where- Parents need to be very careful. You want to talk about personal responsibility. Parents have got to be careful about how much exposure they let their kids have to phones, reels specifically. If kids are watching long form entertainment, we know what it looks like to have a generation raised on, say, Scooby Doo. We don't know, well, we're starting to unfortunately, know what it looks like to raise a generation on reels. And in terms of their ability to pay attention, their ability to be bored, their ability

• 1:29:24Speaker 00

  to not act like a drug addict when you take their phone away at dinner is pretty bad. So yeah, I would be highly encouraging of parents to think about, it's very different. It's, I think, also negatively impactful if parents, anybody of any age does it too much. But it's always going to be very different when your brain is developing versus when your brain is not developing. This is one of the things that I think about. It's one of the reasons that the DNA of Kaizen, the video game that I'm building, is Minecraft. Because Minecraft to me is the thing where you have to be most self-directed. You've got to set a goal for yourself, work almost in, I hate to say this, but almost in like a boring way to go get your resources, think long-term planning and build towards that.

• 1:30:07Speaker 00

  It was a very conscious decision in terms of making something that could actually elongate people's attention span instead of just doing things to shorten, shorten, shorten. So yeah, anyway, parents, be careful, man. It's rough. It's rough out there.

• 1:30:20Speaker 03

  It's wild. Okay, yesterday, the Democrats got the call. So if you were on X, you have seen a number of them saying something along the lines of "American politics blame Jews for anti-Semitism, violent Hassan Piker."

• 1:30:37Speaker 00

  Do we have that clip? We should play that clip. The Hassan Piker clip? I bet as I, sorry, is this something totally unrelated to that?

• 1:30:44Speaker 03

  This is all the Democrats disavowing with Hassan.

• 1:30:47Speaker 00

  Yeah, but we should play the clip of what he says. So

• 1:30:50Speaker 03

  In response?

• 1:30:51Speaker 00

  No, no, sorry. So there's a clip that Drew will do his best to find for us quickly, where what he says is, if Jews aren't careful, if they keep making, I don't think he says the word Zionism, but if they keep going to bat for Israel, basically being Zionist, as their like core issue.

• 1:31:09Speaker 03

  Someone will come and take action?

• 1:31:11Speaker 00

  That someone will come and take action. That's exactly correct. All right. So let's, because this stuff always gets sensationalized, it is far better to hear it directly from him. I think what he said is problematic. But some of the ways that people are spinning this is maybe a bit too dramatic for my taste, but here we go.

• 1:31:25Speaker 08

  And you want to know why? Because people don't fuck with Israel any longer. And if, and if Jews in America keep putting this, this idea out there that they are singularly invested in Israel, eventually someone's going to come around and take action, not against the state of Israel, mind you, but against American Jews.

• 1:31:46Speaker 08

  Okay?

• 1:31:47Speaker 00

  All right.

• 1:31:48Speaker 08

  We're teaching people the wrong lesson. People don't recognize how dangerous this predicament is, how dangerous this is for Jews.

• 1:31:58Speaker 08

  You're running around basically tying your entire identity to a country that inevitably will be seen as basically Jewish ISIS. And you're saying, as Jews, this is all we care about. You're making anti-Semitism worse.

• 1:32:14Speaker 00

  It is a really stupid thing that Hassan just said, basically saying that Jews are putting themselves in a very dangerous situation by going to bat for Israel. Now, the way that this is being treated though, is as if he were telling people to go and do something bad to the Jews, which is definitely not what he was saying. So there's no need to spin this off into something bigger than what it actually is. What this actually is, is somebody who is so convinced of their rightness, so convinced that Israel is doing something so completely beyond the pale, that anybody that is going to bat for Israel or Zionism is now basically a terrorist likening them to ISIS.

• 1:32:58Speaker 00

  So he's basically calling the entire state a terrorist state. We'll see how well that ages. The thing though, that what I really think people need to pay attention to is this gets into the quote from Churchill. And Churchill said, "You have enemies? Good. It means that you stood for something." So going to somebody and saying, "Hey, that thing that you really believe, don't go to bat for that because this could be dangerous for you," is definitely the worst way to approach the world. If you believe in something, you absolutely should be standing up for that thing. Now, getting to debate about that thing, that makes all the sense in the world to me. But we are going into a period in history where only the people

• 1:33:41Speaker 00

  who believe in their position are going to make it out culturally on the other side. So right now, the cultures that believe in themselves are going to take over. That's just how cultural energy works. And so I'm not asking you to believe one way or the other about the state of Israel. That is a separate debate and I'm happy to talk about that as well. But the thing that I found interesting about this comment is that, that what he's saying is, "Hey, somebody might come and say, because that you stand for something I don't like, I'm going to hurt you." And his advice to them is, "Don't stand up for that thing because somebody might hurt you?" What the fuck is that? That is the exact kind of appeasement that gets people into a dangerous situation where the strong people in the world just come and roll them over.

• 1:34:23Speaker 00

  And so everybody from a cultural perspective is going to have to answer the question, "How much do you believe what you believe?" Now, listen, if you end up going to bat for something that really is terroristic, that the whole world turns on, then you're going to have a big battle to fight and you're going to be fighting it all on your own. But it is a god-awful message to tell somebody, "You're so wrong, people are going to come hurt you, so just stop being wrong." That's fucking idiotic. Take it on the merits of the case if you want, or recognize that people can and should stand up for their beliefs and their values and say, "Hey, this is what I believe in and certainly at the

• 1:35:05Speaker 00

  point of culture, I'm going to stand up for what I believe in. And if somebody comes and does me harm because I'm standing up for what I believe in, fuck that person." That is the whole idea behind the First Amendment, is that you say what you believe and that never should violence fall upon you because of your belief system. So if, if an American citizen like Hassan Piker is going to bat for things that I disagree with vehemently, remember, this is a kid that goes to bat for Mao, the most murderous ideology on the planet. You don't hear me running around saying, "Yo, if the DSA keeps talking about Mao and promoting this communist stuff,

• 1:35:46Speaker 00

  they're going to realize that they're going to be associated with the most murderous regime of all time and people are going to do something, man. Like you're just making it worse on yourself." He has a right to say what he wants. Now, I'm going to go hard in the paint on arguing why that is an extremely stupid view to hold. But I'm certainly not going to say, "Man, this is going to get dangerous because you're saying the thing." People should be able to say what they believe and people should know that violence is not going to befall them because of things that they say. I want to hear that energy come out of his mouth, but we don't. We hear him say unhinged crazy shit, like let the streets run with the blood of capitalists and all that stuff, all the fucking time. That is what people should be going after in this one.

• 1:36:31Speaker 00

  He's got plenty of other shit where he talks just unhinged stuff on Jewish people if you want to like pin him down for anti-Semitism. But here, like this is a whole nother crazy idea that he's putting forward that I don't hear people talking about, which is anybody should be able to stand up for what they believe in and say the thing. Now, it's different if you're not a citizen and we can get into that with the visas and all that stuff. But if you're a citizen, you should be able to say what you believe is true. And by the way, even non-citizens should never have to worry about violence. But nobody should say a thing and then have violence befall them, ever, no matter how unhinged. That is one of the very things that makes America great. This is the very thing I was talking about earlier with China. You can't just say what you want.

• 1:37:14Speaker 00

  You have to worry about the violence of the state or being put in an internment camp, okay? That is not a position that you should ever want to see in America. And we should like hammer that shit down immediately in the realm of ideas, anytime it comes up.

• 1:37:35Speaker 03

  Speaking of China and the DSA, like teaming up for Mao, we gotta talk about this when it comes to poverty.

• 1:37:45Speaker 00

  Really fast, let me set this up. Okay, the reason that this clip is so important, you have people in the DSA and on the farther extremes of the left that are very anti-American. Okay, fine, tell me what you're for. And the problem is, the thing that they're for is China. China is in a worse economic position than we are. China is way worse for its citizens. China has more household wealth inequality. China has more poverty. China is authoritarian, like literally run by a dictator. China has rolled tanks into their town in modern history, shot their own citizens in the face. If you let me go back a little bit farther, but we're still just in the 70s.

• 1:38:31Speaker 00

  They starved their own people to death. Like, this is crazy that the thing that people are saying that they're afraid of with Trump, that their solution to that is to get away from a supposed king wannabe and go to an actual authoritarian dictator. So with that, this guy who I love and rarely see, I don't even think this guy gets nearly enough views. How many views does this have? 9,000? This is crazy. I don't know how I found this guy, how the algorithm knew that I would be into it, but he breaks everything down from the position of data. So here he's got somebody that is going to bat for China, trying to paint a very positive picture of China, and he just says, "Let's look at the data." All right, with that, take a look.

• 1:39:12Speaker 09

  Anytime you bring up the fact that China's eradicated abject poverty, someone will inevitably bring up the fact that poverty is defined as $3 a day, and no one can actually live off of $90 a month. And they're right, but that's not China's definition of poverty. That's the World Bank's definition of poverty.

• 1:39:29Speaker 10

  Nope, that's entirely wrong. That is China's definition of poverty, and it's not the World Bank's definition of poverty. National Bureau of Statistics of China, this is a Chinese government website. They publish an annual yearbook, the 2025 yearbook. Section on poverty has this footnote. It says China has eliminated absolute poverty by 2020, so the National Bureau of Statistics of China will no longer release the data on rural poverty population and poverty headcount ratio. You can refer to yearbook 2021 if needed. If you're a China proponent, that should give you some pause. The United States is much richer than China, and we still report.

• 1:40:05Speaker 00

  Yeah, pause for a second. So, that's wild. You say, "Hey, we solved that problem, so we're not even gonna look at it anymore. We're not gonna report on it, but what if it starts moving in the wrong direction? What if the things you reported before weren't actually quite true?" No, no, no, it's good. This is what I'm saying. This is the kind of stuff that China does. They obfuscate their data all the time. When they wanna stop reporting on something, they just stop reporting on it. And by the way, if you wanna get disappeared real fast, call them out on it. So, this is where I'm just like, "Boys and girls, what are we doing here?"

• 1:40:34Speaker 10

  Here's the 2021 yearbook. They write that poverty has been ended. It was the current rural poverty line, which is annual per capita consumption expenditure of 2,300 yuan at 2010 prices. The PPP conversion factor for 2010 is 3.33. So to convert 2,300 yuan to purchasing power parity adjusted US dollars, we divide by 3.33, and per day spending, that's $1.90. In 2010, the World Bank's absolute poverty line was, not coincidentally, $1.90. The World Bank has updated their poverty line since then to $3.80 a day, where it is now. But that's a poverty line for poor developing countries,

• 1:41:17Speaker 10

  where you'd struggle to get enough calories to live. It's not an appropriate poverty line for an upper-middle income country like China, which the World Bank defines China as. Poverty line for upper-middle income countries is $8.30 a day. And 21% of the Chinese population is below $8.30 a day.

• 1:41:39Speaker 00

  Bro, pause. So you've got 20, 21% of the country is still below the poverty line as determined by the World Bank. That is wild for them to then say, "Hey, we've eradicated poverty. All's well." You've eradicated poverty by a definition that doesn't match the country that you actually are now. Now, that is not to take away from China. What China has done in terms of pulling people up out of abject poverty has been absolutely extraordinary. But obviously, as you start doing better, then the expectations go up for where your entire nation is going to be. Obviously, if we had 21% of our society living below the poverty line, I don't think anybody would be like, "You know who we need to mimic? We need to mimic the US."

• 1:42:23Speaker 00

  It is, again, another thing where I'm just like, "What are we doing?" We're letting China control the vision of what they are, the vision of what it means to be under authoritarian rule, and we're not thinking critically about the very reason that people don't want Trump to be a king is because we don't wanna live under authoritarian rule. But the very people who bang the drum loudest about hating the fact that Trump is, has authoritarian tendencies, the people that they hold up as the place that we should try to emulate is the place with the actual dictator. It's crazy. Who just hides the data when they don't like it.

• 1:42:58Speaker 09

  But China uses a much more strict, non-bourgeois, holistic definition of poverty, called the two no worries and three guarantees. Introduced by the Communist Party of China at the 13th Party Congress in 2016, the two no worries are no worries about food or clothing, and the three guarantees are safe housing, adequate healthcare, and compulsory education are all guaranteed. So even if a Chinese citizen has over $3 a day, the World Bank-defined poverty threshold, if they don't also have adequate food and clothing, safe housing, compulsory education, and adequate healthcare, they are still considered in poverty by the Communist Party of China. And that's just for rural residents.

• 1:43:43Speaker 09

  In urban areas, they also guarantee basic utilities like electricity and plumbing.

• 1:43:48Speaker 10

  Wait, you could lack electricity and plumbing in a rural area of China, but not be considered in poverty? Really? If that's true, that seems like a bad definition of poverty.

• 1:43:59Speaker 00

  Agreed.

• 1:43:59Speaker 10

  Regardless, here's the National Bureau of Statistics China. They report nationwide per capita disposable income for the bottom 20% of households to be about 10,000 yuan per person. That's about $3,000 US dollars adjusted for purchasing power. And that's per capita, so a family of three in the bottom quintile would be living on something like $9,000 or $10,000 per year. That sounds like poverty to me. China also reports something called the nationwide Ingle coefficient. Ingle coefficient is expenditure on food divided by total consumption expenditure. And the logic is, if you're poor, you're going to be spending a lot of your money on food, because you need food to live.

• 1:44:44Speaker 10

  And as you get richer, you're going to spend more money on food, but it's going to be a smaller percentage of your total spending. So Jeff Bezos probably spends a lot more than I do on food, but it's also not the same proportion. It's not the same share of his income. China reports that the Ingle coefficient nationwide, the average Ingle coefficient, is 29.3%. It's higher in rural households, 31.8%. So that's percentage of their spending that they're spending on food. For contrast, we can look at the sum of food away from home and food at home divided by total expenditures for the lowest 20% income people in the United States.

• 1:45:27Speaker 10

  And we see that it's about 15.7% of expenditures for the lowest 20% income people in the United States is spent on food. And food is nice to use here as a comparison because it's universal. The greater percentage of your consumption, you're spending on food, the poorer you probably are. And that's true even across countries or across time. And it's a little unfair to try to compare the United States to China in terms of poverty, because the US is a much richer country per person. But he does seem to think that poverty is widespread in the US relative to China.

• 1:46:06Speaker 09

  China is the only country on earth to have completely eradicated abject poverty. Even the United States hasn't done this. We still have about 10% that are below that threshold.

• 1:46:17Speaker 10

  Of course not. That's absurdly wrong. The $3 a day poverty line is again intended for developing countries, and it would be difficult to get enough calories to survive on. That's why starvation sometimes happens in developing countries. Using the appropriate poverty line, you see that poverty is about 11 or 12 times as common in China than in the United States. The United States is a much richer country than China, and poverty in China is widespread, despite the fact that the Chinese government chooses not to report on it, and that he chooses not to understand that. Thanks for your time.

• 1:46:51Speaker 00

  Yeah, that's wild. 11 or 12 times more poverty in China than there is in the US. And yet, people are still carrying Water for Chinaman, still going to bat for them. This is wild. This is why I'm saying you cannot do vibes, you can't do feelings, you've got to really get down into where the rubber meets the road. The reality is, if you have an authoritarian leader, you are going to have problems. You are not going to have the personal freedoms that we have here in the US. Things that people take for granted here, they just don't exist there. There are trade offs. When you can point the entire economy at one thing, you can move very quickly in that direction. But as they're learning with their housing, if you point everybody in one direction, and you give people incentives to only show growth regardless of whether it's needed, wanted, or productive growth,

• 1:47:36Speaker 00

  you now move very quickly in the direction of a cliff. So, this is one of those things. I am not saying that the US does not have its own problems. We do. The very thing I'm trying to drive home for people is, as the DSA continues its rise, as they begin to brain rot the entire Democrat Party, the thing that you're going to be up against constantly is this sense that there is a mythological nation out there where socialism is working well. First, they tried to do the Nordic countries, then the Nordic countries clapped back and said, "We're not socialist, dumbasses, and stop calling us that." If you're going to mimic what we're doing, then you're gonna have to do a very broad-based tax. It's going to be very high on everybody. And also, you're gonna have to make it lighter on corporations

• 1:48:18Speaker 00

  so that they can actually generate more capital that they keep and then deploy against their workforce, so that the workforce has more money, so that we can tax the broad-based workforce. So, and by the way, the whole idea of a homogeneous country, again, homogeneous in thought, so that culturally, in fact, you have to be homogeneous in a very specific way. You've got to be homogeneous and believe that you shouldn't stay on the country dole, basically, government dole, for any longer than you absolutely have to. And if people don't share that value, then you're gonna have a problem, which is why they're moving away from immigrants. Or the other delusional belief that there's actually this really great socialist experiment out there is the Chinese Communist Party, which, again, there are great things that you can point to. There are tremendous lessons that you can learn

• 1:49:02Speaker 00

  from China. But obviously, eradicating poverty by a middle-income country standpoint is not that one, that they are richer than the US. That is also not accurate. So, when we begin trying to, at least this is how I look at it, rebuild America and get back to broad-based prosperity where we're actually manufacturing, we have a thriving middle class, as we start doing that, we have to make sure that the policies that we're putting in place are going to lead to that. Because the policies that are being put forward by the DSA, by the increasingly DSA-influenced Democrat Party, you're not getting policies that are actually going to lead to that kind of prosperity. And therein lies the problem. I get the empathy,

• 1:49:46Speaker 00

  I get the desire that they want to help, but the reality is, all of those policies have to be run through the filter of whether or not this actually works, and that we're not doing.

• 1:49:58Speaker 03

  Switching gears.

• 1:49:59Speaker 00

  Oh, yeah.

• 1:50:00Speaker 03

  Rest in peace to Dolly Parton. What's your favorite Dolly Parton memory?

• 1:50:04Speaker 00

  That would be tied to my mom. So, if you guys know the song "Hard Candy Christmas",

• 1:50:10Speaker 00

  my mom is probably the one that most, had the biggest impact in terms of instilling Christmas in this thing that I just absolutely love. It's my favorite time of year, it's my most important rituals. And so, Dolly was certainly a big part of that. But my mom was just a big country music fan. So, Dolly was very ever-present in my house growing up. Also, her personality is just absolutely hilarious. All right, this is gonna be a hot take that I have a feeling people are not gonna like. But here's what I love about Dolly Parton. Dolly Parton was somebody that understood the powers of her femininity. If you ever saw the movie Erin Brockovich, there's a great line in that movie where he's like, "How on earth did you get those people to tell you something that they wouldn't tell

• 1:50:54Speaker 00

  me?" And she goes, "They're called Boobs Ed." That was something that Dolly completely understood. She came from like, the most impoverished area, I believe in Tennessee. And when you see the photos of her house, it's like, the yard is basically just dirt. And so, for her to go from that, on the back of her musical talent, her personality, her savvy, and be able to own her own music, she turned down Elvis when he wanted, I think it was, the one that Whitney Houston ended up covering and making super famous. Elvis wanted to do it, but he was gonna take the publishing rights, and she refused to do that, and she held on to them herself. Obviously, a much smaller song than it would have been

• 1:51:35Speaker 00

  had Elvis been the one that, for her to keep it instead of letting Elvis do it. And then, obviously, she reaps the rewards of that later when Whitney Houston gets a hold of the song. So, it's this just really incredible story of somebody who understood her femininity, was not easy to push over, but knew how to use being an attractive woman to navigate the world. And I always thought that was very powerful. It's something that I've always told my wife, like, listen, I get it. If you're an attractive woman, like, there are things that you can get that I'm not gonna be able to get, and don't be ashamed to use your femininity and your feminine wiles in order to, she's brokered better deals negotiating

• 1:52:18Speaker 00

  equipment before. It's really quite incredible. Just by being a little flirtatious, having a smile, it goes a long way. And we've sort of lost that. Not sort of, we've lost that. That's become something that's very much frowned upon, demonized, and people react as if the male gaze is assault in and of itself. Dolly understood how to use it to her advantage, I think, is very smart.

• 1:52:41Speaker 03

  And we just, the chat just told us this. Tim Curry just passed too.

• 1:52:44Speaker 00

  Oh, shit.

• 1:52:45Speaker 03

  R.I.P. Tim Curry.

• 1:52:46Speaker 00

  Damn.

• 1:52:47Speaker 11

  Devastating.

• 1:52:47Speaker 03

  Yeah.

• 1:52:48Speaker 11

  In the same week, two of the coolest people in human history, dead.

• 1:52:53Speaker 00

  That's rough. Tim Curry was great. I've actually never seen Rocky Horror Picture Show, if you can believe that. But he did play Pennywise, and that book had a huge impact on my life. And so, I'll always have a warm spot in my heart for Tim Curry, just for being a part of the IT franchise.

• 1:53:11Speaker 03

  Me, it was a scary movie too. He was hilarious in that.

• 1:53:13Speaker 00

  All right, everybody. Thank you guys so much. That was a big one. Well worth it, given everything that's going on in the economy. And speaking of controlling your own destiny, boys and girls, please, learn how to generate revenue. I'm doing an ITU masterclass Thursday, September 10th at 1:00 PM Pacific, about how to use AI to launch your own company. The bet that I make, the biggest bet that I've always made throughout my entire life has been on myself. So, all of my high-risk dollars I put to use in building companies, it has obviously, for me, paid off extraordinarily well. If you've ever thought about giving it a shot, nights and weekends, man, you don't have to bet your future on it, but at least learn about AI and how to use it, what it's good at, what it's not good at. I'm gonna

• 1:53:58Speaker 00

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