“South Africa's Economic Genocide" - Entrepreneur Rob Hersov SLAMS Corrupt Gov't, Zuma & Racist Laws | PBD Podcast | Ep. 589

South African billionaire Robert Hersov joins Patrick Bet-David to expose the corruption destroying his country. From working with Rupert Murdoch to confronting Jacob Zuma’s regime, Hersov breaks down South Africa’s economic decline, rising racism, and his call for U. S. action. A rare insider take on a nation that once promised a bright future. ----- 👕 THE LATEST VT MERCH: ⁠⁠⁠⁠https://bit.ly/3BZbD6l⁠⁠⁠⁠ https://bit.ly/3BZbD6l 📕 PBD'S BOOK "THE ACADEMY": ⁠⁠⁠⁠https://bit.ly/41rtEV4⁠⁠⁠⁠ https://bit.ly/41rtEV4 📰 VTNEWS. AI: ⁠⁠⁠⁠⁠⁠⁠https://bit.ly/3OExClZ⁠⁠⁠⁠ https://bit.ly/3OExClZ 🎙️ FOLLOW THE PODCAST ON SPOTIFY: ⁠⁠⁠⁠⁠⁠https://bit.ly/4g57zR2⁠⁠⁠⁠ https://bit.ly/4g57zR2 🎙️ FOLLOW THE PODCAST ON ITUNES: ⁠⁠⁠⁠⁠⁠https://bit.ly/4g1bXAh⁠⁠⁠⁠ https://bit.ly/4g1bXAh 🎙️ FOLLOW THE PODCAST ON ALL PLATFORMS: ⁠⁠⁠⁠https://bit.ly/4eXQl6A⁠⁠⁠⁠ https://bit.ly/4eXQl6A 📱 CONNECT ON MINNECT: ⁠⁠⁠⁠⁠⁠https://bit.ly/4ikyEkC⁠⁠⁠⁠ https://bit.ly/4ikyEkC 👔 BET-DAVID CONSULTING: ⁠⁠⁠⁠⁠⁠https://bit.ly/3ZjWhB7⁠⁠⁠⁠ https://bit.ly/3ZjWhB7 🎓 VALUETAINMENT UNIVERSITY: ⁠⁠⁠⁠⁠⁠https://bit.ly/3BfA5Qw⁠⁠⁠⁠ https://bit.ly/3BfA5Qw 📺 JOIN THE CHANNEL: ⁠⁠⁠⁠⁠⁠⁠https://bit.ly/4g5C6Or⁠⁠⁠⁠ https://bit.ly/4g5C6Or 💬 TEXT US: Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! ABOUT US: Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:01Speaker 00

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• 0:26Speaker 01

  Stonefire Naan is made with real buttermilk and ghee. It's the perfect flatbread for any occasion.

• 0:31Speaker 02

  I put out Stonefire Naan with dips at every dinner party.

• 0:34Speaker 01

  I make naan-grilled cheese when my daughter has friends over.

• 0:37Speaker 03

  I use Stonefire Naan to reward the humans who do my bidding.

• 0:41Speaker 02

  Right. It's perfect for camping trips.

• 0:44Speaker 03

  Dance for it, feeble mortal.

• 0:46Speaker 02

  Sorry, is he talking to me or...

• 0:48Speaker 03

  Dance, ha, ha, ha, ha, ha.

• 0:51Speaker 01

  From our tradition to yours, Stonefire.

• 0:54Speaker 03

  Together, we Naan.

• 0:56Speaker 04

  I'm putting myself at risk here, by the way. We've got lunatics running the asylum.

• 1:01Patrick Bet-David?

  What can you tell us about him?

• 1:02Speaker 04

  President Cyril Ramaphosa. Complete gangster, rogue villain.

• 1:07Patrick Bet-David?

  So have you spent any time with Elon Musk?

• 1:09Speaker 04

  The South African government said to Elon Musk, "If you want to bring Starlink to South Africa, you've got to give 30% of your business to a black person, and we'll tell you who."

• 1:18Patrick Bet-David?

  Who said this? Jacob Zuma?

• 1:19Speaker 04

  Our government says this. It's a government policy. We get poorer every year. The country is falling apart.

• 1:25Patrick Bet-David?

  With youth unemployment at 61%.

• 1:28Speaker 04

  Highest in the world.

• 1:29Patrick Bet-David?

  How?

• 1:30Speaker 04

  South Africa is Germany in the early 1930s. They're pushing anti-white racism and socialism by the day. And let me give you the worst of it.

• 1:42Patrick Bet-David?

  Tell me more.

• 1:43Speaker 04

  These are the things these, as he is saying publicly with 100,000 people in the stadium, this is, "Kill the boer." "One farmer, one bullet." "We will slit the throat of whiteness."

• 1:53Patrick Bet-David?

  It's from South Africa and you think it's a fraud what they did to diamonds?

• 1:57Speaker 04

  De Beers is sitting on a mountain of unsold diamonds, the best short in the world.

• 2:01Patrick Bet-David?

  You say you're minimalist. Don't you have a 30 million dollar property like in Dubai or something? Like a vacation property or no?

• 2:06Speaker 04

  Okay, so we like three things.

• 2:10Speaker 04

  Didn't you ask me?

• 2:32Patrick Bet-David?

  My handshake is better than anything I ever signed, right here.

• 2:36Speaker 04

  You are a one of one? My sundries are.

• 2:38Patrick Bet-David?

  I don't think I've ever said this before.

• 2:44Patrick Bet-David?

  Okay, so there's a lot of news about South Africa today. And so happens, we have a very special guest here with us, Robert Hersov, from South Africa. Three fun facts before we get started. Number one, he's had three hole in ones in golf. Number two, he was the first director on Fiji Water. Okay, first director when Fiji Water came out, he was on the board. And number three, the movie Fantastic Mr. Fox, he is the helicopter pilot. It's great to have you on the podcast.

• 3:11Speaker 04

  What a start.

• 3:12Patrick Bet-David?

  Yeah.

• 3:13Speaker 04

  Can you do this every time? Thank you, Peter.

• 3:15Patrick Bet-David?

  Well, hopefully Katie's gonna watch and say, oh my God, I'm married to a frickin' stud.

• 3:19Speaker 04

  I wish she'd realize that.

• 3:20Patrick Bet-David?

  Well, she's gonna know after this podcast. So, okay, so for the average person, when you think about countries, you know, we all know a little bit about China. We all know a little bit about, you know, India, what's going on. Okay, we know a little bit about Germany, maybe more. We know something about, everybody knows a lot about America. South Africa, I don't know. While we're doing this, you know, everything that's going on, you're seeing Elon Musk gonna show a couple of his tweets, he's saying, you know, we gotta stop racism in South Africa, but it's racism against whites and all this stuff. And then with the 58, we got a lot of things I will talk about there. But before doing that, do you mind taking a minute and just kind of share with the audience your background so they know who you are and what you've done?

• 4:00Speaker 04

  Sure, I'm, I was born in 1960 in Johannesburg, South Africa. I'm a fifth generation South African. My mother's side came from England and Scotland and the relative that came to South Africa was in the British Army and he finished the Indian Rebellion and came to South Africa to retire. And my father's family escaped Eastern Europe and Russia and ended up in Cape Town. And I was born into a very wealthy family because my grandfather and his buddy and business partner founded a company called Angloval, which in the sixties, seventies and eighties was one of the top five mining industrial companies in South Africa.

• 4:39Speaker 04

  And I've had every privilege known to man, but I believe that I've taken advantage of every opportunity given to me. And I'll give you a quick potted bio. I can do this very quickly, so it wasn't boring. So I was at school in university in South Africa and then I spent two years as an infantry officer in the South African Defence Force in the apartheid era. And I left.

• 5:02Patrick Bet-David?

  This is what, this is the nineties?

• 5:04Speaker 04

  Eighty-three, eighty-four.

• 5:05Patrick Bet-David?

  Eighty-three, eighty-four.

• 5:06Speaker 04

  By the way, South Africa did a major invasion of Angola in eighty-five.

• 5:10Patrick Bet-David?

  And you're in at that time?

• 5:11Speaker 04

  Well, no, I'd finished by then. I'd done my two years and I was an infantry officer.

• 5:14Patrick Bet-David?

  Got it.

• 5:15Speaker 04

  And then I came to America, went to Goldman Sachs or Wall Street for two years, Harvard Business School, then worked for Rupert Murdoch as his right-hand man in New York.

• 5:24Patrick Bet-David?

  Literally?

• 5:25Speaker 04

  Literally. I carried his bag. I went to every meeting. I helped write speeches.

• 5:29Patrick Bet-David?

  How did you get introduced to him? By your family?

• 5:31Speaker 04

  You wanna know that story?

• 5:32Patrick Bet-David?

  Yeah, I do.

• 5:34Speaker 04

  I was dating a gorgeous redhead and I hadn't got a job lined up for, you know, everyone had done these interviews.

• 5:40Patrick Bet-David?

  American redhead or South African redhead?

• 5:42Speaker 04

  American redhead, New York redhead.

• 5:43Patrick Bet-David?

  Yeah.

• 5:43Speaker 04

  Gorgeous.

• 5:44Patrick Bet-David?

  Good.

• 5:45Speaker 04

  And.

• 5:45Patrick Bet-David?

  They're crazy though, but that's a different conversation.

• 5:47Speaker 04

  This is good, this is good crazy. And she said, what are you gonna do after business school? I said, I don't know. I'd like to get into the media business. And she said, oh, you should meet Stan Schuman. He runs, he's one of the Allen and Company heads. This is, remember, this is nineteen eighty-nine. I had the most extraordinary interview.

• 6:08Patrick Bet-David?

  With Stan?

• 6:09Speaker 04

  Wait, I went to see Stan Schuman at Allen Company. Stan said, you're Rob, you wanna be in the media business. I'm a media investment banker. So you're in the wrong place. You need to actually. Consider News Corp. And I'm on the board of News Corp. He was at the time. And I'm going to introduce you. Before you meet Rupert, you need to meet John Evans. He's the visionary. I haven't said a word, by the way. I've said hello, I haven't said a word. So he calls the secretary, says, call John Evans, said, tell her, you know, tell John I'm sending Rob Herschel, South African, to see him. Gave me the address. I shook his hand, left. Haven't said a word. Walked down to Harper's and Harper Collins, which is owned by News Corp. As I walk in, there's this stringy haired, grey, older guy. He goes, before you say anything, let me tell you, I'm a reformed alcoholic and drug addict.

• 6:55Speaker 04

  And I'm marrying a girl half my age. I almost dropped on my knees and said, I'm your man. But I still haven't said hello yet. And he starts telling me about the future of the media business. He goes, you know, in supermarkets.

• 7:06Patrick Bet-David?

  What year is this?

• 7:07Speaker 04

  Eighty and eighty nine.

• 7:08Patrick Bet-David?

  So in supermarkets, I'm following.

• 7:09Speaker 04

  I'm still at Harvard Business School. So he says, in supermarkets, the fish need to be near the chips. And he's talking about these weird things. For twenty minutes, he talks, I still haven't said a word. And he said, well, if you want to work for News Corp, you've got to meet Rupert. So hold on. Calls Rupert, says, I've got this guy, Rob, Rob, uh, from South Africa, Harvard MBA. Yeah, sorry about that.

• 7:31Speaker 04

  Yeah, he can come and see you right now. Gives me Rupert's address, twelve eleven Sixth Avenue. Sends me. Still haven't said a word in my interview. Get to Rupert, walk in, he goes, you must be Rob? I go, yeah. Please, sit down. Rob, what do you think the future of the media industry is? And I go, um, technology? And he goes, no, it's content. And then he spoke for fifteen minutes about why content, which was correct. And then he said, okay, you're hired. What are you going to do for me? I've said one word in three interviews. I've got a job.

• 8:03Patrick Bet-David?

  Just because of Stan, because of who sent him?

• 8:04Speaker 04

  Just because of the redhead.

• 8:06Patrick Bet-David?

  So this redhead, why is this redhead so trusted?

• 8:10Speaker 04

  Because her father and Stan were best friends. So she she got me the interview. He assumed I went to Harvard Business School.

• 8:17Patrick Bet-David?

  Goldman.

• 8:18Speaker 04

  Goldman.

• 8:18Patrick Bet-David?

  Military infantry, South Africa. So when you work with Rupert, what was he like to work with? And how much time did you spend with him?

• 8:25Speaker 04

  Every day.

• 8:26Patrick Bet-David?

  How was he like to work with?

• 8:27Speaker 04

  So what I did is.

• 8:28Patrick Bet-David?

  Right now, what I just did is nineteen eighty nine network Rupert Murdoch. At the time was seven twenty five. So he's he's known. He's a power player. But Fox News hasn't yet started, right? Right.

• 8:39Speaker 04

  So I spent two and a half years with him.

• 8:41Patrick Bet-David?

  Okay.

• 8:41Speaker 04

  And he'd behind me. Everybody wanted to get in front of Rupert Murdoch. So they'd all be going Rupert, could you look at this opportunity, this deal? He'd have a pile of decks and things on his on his desk with a little note of who gave it to him. And then every Monday morning, he'd kind of have a look and he'd say, ah, this guy's an idiot. Throw them in the bin and then you go, okay, this guy's important, read that. And he'd give me three business plans every Monday. And I'd have to come back and on Friday have to present them to him. He'd ask me three to five questions on each one. And immediately know the value, how it would fit into his empire if he was interested.

• 9:16Patrick Bet-David?

  This was about buying those companies and investing in those companies.

• 9:19Speaker 04

  So in those days, Christian music was taken off. But country music was barely known. And this guy, Jim Gersia, I can't remember, believe I remember the name from Nashville, had sent this buy into country music TV. I did the analysis, presented to Rupert. He asked me five questions and he went, he used to rub his forehead. And he said, offer them thirty million dollars, not a cent more. If they don't take it, move on. It's now worth many billions. And he could analyze things that quickly. He was also a real man of the people. He talked to the elevator guy. He talked to the, in those days, we'd just walk down and get a taxi.

• 9:56Patrick Bet-David?

  Was he charismatic?

• 9:57Speaker 04

  Charismatic, funny, decent.

• 9:58Patrick Bet-David?

  Charming?

• 9:59Speaker 04

  A common man. Charming, but not interested in not interested in money, not interested in, you know, important people. He was interested in humor and being successful and building his business.

• 10:16Patrick Bet-David?

  What were three to five questions he would ask?

• 10:17Speaker 04

  I wish I'd written them down. Oh, genius, I wish I'd written them down. And so I spent two and a half years with him. And then he said to me, when he ran into trouble, he tried to buy Time Magazine. Remember they did the merger with Warner? He was running into big financial troubles then. And he said to me, okay, you need to go with Barry Diller to LA and work with him on setting up the Fox Network.

• 10:42Patrick Bet-David?

  So you were there when that whole deal was being done?

• 10:45Speaker 04

  The Time Warner mess, the bidding for Time.

• 10:48Patrick Bet-David?

  Did you ever meet Ailes? Were you ever around Roger Ailes?

• 10:50Speaker 04

  I didn't meet Roger.

• 10:51Patrick Bet-David?

  Never met Roger?

• 10:52Speaker 04

  He was after me because he came in from left field.

• 10:55Patrick Bet-David?

  Were you around Rupert's kids, the boys?

• 10:57Speaker 04

  Not as much. They were pretty young.

• 10:59Patrick Bet-David?

  Got it.

• 11:00Speaker 04

  Yeah. Rupert, you know, when you were with him, you're the most important person in the world. He'd concentrate, listen. And I remember one story he told me. Can we go off piece here?

• 11:09Patrick Bet-David?

  Sure, of course.

• 11:10Speaker 04

  We went to, and I can't remember who, somebody's 80th birthday in this expensive 60th, you know, 60th, 6th Avenue, 5th Avenue apartment. We walk in and Rupert says, "I'm gonna give you a life lesson. See those people walking towards me as quickly as they can? They're the guys who want to sell me something. But if you look in the corner, there's two guys talking to the host's children. They're the people you need to talk to. They've made it in life. Isn't that interesting?"

• 11:39Patrick Bet-David?

  Wow. The people that are running to come to me.

• 11:43Speaker 04

  Are trying to sell me something.

• 11:44Patrick Bet-David?

  Trying to sell me something. But the people that are talking to...

• 11:47Speaker 04

  They're interested in what the host's kids are doing.

• 11:50Patrick Bet-David?

  Those are the ones that have made it in life.

• 11:52Speaker 04

  Yeah. Talk to them. They'll be the most interesting ones.

• 11:54Patrick Bet-David?

  Very interesting. Very interesting perspective.

• 11:55Speaker 04

  And he was nice to the common man. You know, if the Queen had offered him a knighthood, he would have turned it down. He wasn't interested in that stuff. He and Elon Musk, I'm a libertarian conservative Judeo-Christian. He and Elon Musk, we owe an eternal debt of gratitude to. Because Rupert came in with, you know, Sky Television, Sky News, Fox TV, the New York Post, and he captured the center, center-right, free-market, capitalist, Judeo-Christian part of Americans' media. And Elon did the same thing when he bought Twitter and turned it into X.

• 12:33Patrick Bet-David?

  So one is from Australia, one is from South Africa?

• 12:36Speaker 04

  There we go.

• 12:37Patrick Bet-David?

  So have you spent any time with Elon Musk?

• 12:39Speaker 04

  I met him once at SpaceX.

• 12:41Patrick Bet-David?

  Okay.

• 12:41Speaker 04

  A 20-minute meeting. Fascinating story. It was extraordinary because his assistant said, "Look, your South African will give you the lunch slot, but it's only 20 minutes, only as 20-minute meetings." He arrived on the second.

• 12:56Speaker 04

  And I said, well, we better order lunch. He said, I've ordered it already. Turned up. And then he spoke about Tesla and the problems he was having and it was fifteen years ago. And with two minutes to go, I knew it was twenty minutes and he leaves. I said, Elon, how can I help you? And he looked at me in this weird way and he went, no one's ever asked me that question. And he said, okay, if you hear or see me do anything stupid, let me know because I get no feedback.

• 13:27Patrick Bet-David?

  If you hear or see me do anything stupid, I get no feedback.

• 13:30Speaker 04

  Tell me because I get no feedback.

• 13:31Patrick Bet-David?

  It's funny because one kid, who's a YouTuber, brilliant kid, goes and visits his SpaceX, gives him one feedback on things. Have you heard about the story or no? One kid goes, gives him one small feedback on what to do. Elon invites him down, takes him and shows him and says, look at the change that we made based on a feedback that you gave because he saw a video of this guy. It's a very, Rob, do you know the story or no?

• 13:55Speaker 04

  No, I'm looking for it now.

• 13:56Patrick Bet-David?

  Yeah, it's a very fascinating story of.

• 14:04Speaker 04

  But Elon's attention to detail, he cares. He's extraordinary. And I just say, thank you Rupert, thank you Elon.

• 14:12Patrick Bet-David?

  Youtuber's question made Elon Musk completely rethink SpaceX rocket. The Youtuber Everyday Astronaut was on a tour of the SpaceX Starbase facility. He asked a very intelligent question and certainly gave Elon Musk pause for thought and opportunity to fix his vital error. This is a year ago, year and a half ago. What's the question, Rob? Let's see if we can find it. The intelligent everything I was saying to him was asked at exactly the right time for the billionaire to realize that his error and crucially correctly, you don't even need a cold gas thruster system. You already have hot gas, says Musk. But this is only for the booster, right? Tim asked. Go a little bit lower. And appearing deep in thought, the SpaceX founder and CEO replies, arguably, now you mention it, it might be wise to do this for the ship too.

• 14:57Patrick Bet-David?

  We're gonna fix that. And it's not the first time Musk has taken on project feedback. Tim was visiting SpaceX Starbase in 2021. However, upon being invited back, more than six months later, it was revealed SpaceX chief Elon Musk that his question led to vital changes. Wow, I mean, this is, this is.

• 15:13Speaker 04

  Extraordinary guy.

• 15:14Patrick Bet-David?

  Yeah, there's a story about Sam Walton. It's a great book called Made in America.

• 15:20Patrick Bet-David?

  Where Sam, you know, is going all over the world, looking at all the markets that are being made. And he pays close attention. And one day he's at this place in Europe. And the lady comes in and says, you know, what are you looking for? So I'd like to, you know, find this. So let me get one of my associates to help you. Says, what did you call your coworker? Associates. Great. We're going to call our employees associates. Then there's these two business partners from Brazil who are in the same business as he is. They come to visit Sam Walton. He picks them up in a truck. All day they spend time with Sam Walton. He says, the entire time, Sam kept asking us questions of what we were doing in Brazil that was working out. By the time it was done, us spending time with them, we didn't learn anything about Walmart. But he learned everything about what we were doing and then we went back to Brazil.

• 15:59Speaker 04

  That's Rupert Murdoch.

• 15:59Patrick Bet-David?

  Got it. Makes sense to me.

• 16:00Speaker 04

  So we'd be riding in a cab, because we'd hop in a cab now and again in those days. And he'd ask the cab driver, what newspaper do you read? Which page do you turn to first? He'd absolutely ask, ask, ask.

• 16:12Patrick Bet-David?

  Curious, yeah. So South Africa.

• 16:14Speaker 04

  Well, I'll give you quickly my bio.

• 16:16Patrick Bet-David?

  Please, go for it.

• 16:17Speaker 04

  And I'll do this really, really fast.

• 16:19Patrick Bet-David?

  So you're, you're a billionaire. You, you, you made a lot of money.

• 16:22Speaker 04

  In rand, in rand.

• 16:23Patrick Bet-David?

  In rand?

• 16:24Speaker 04

  Yeah. And the rand's depreciating.

• 16:25Patrick Bet-David?

  Which is how much in ours?

• 16:27Speaker 04

  Oh, it used to be one to one in the seventies, but now it's twenty to one.

• 16:31Patrick Bet-David?

  Twenty to one. Okay, got it. So you've made money. You've made money. You've done okay for yourself.

• 16:36Speaker 04

  I founded Marky Jet in Europe. I built a big business, sport, the biggest sports media internet business in Europe, which failed. So I had a lot of learnings there. I sold Marky Jet Europe to NetJets, was vice chairman of NetJets. I'm still a senior advisor to Vista Jets. I love the aviation business. And then I've done some very big deals. I owned a third of Air Berlin. And I just won a very big license this morning to do a betting exchange in South Africa.

• 17:01Patrick Bet-David?

  You're the first.

• 17:02Speaker 04

  I'm the first.

• 17:02Patrick Bet-David?

  Get out of here.

• 17:03Speaker 04

  Yeah. So Betfair in Australia is the most profitable business in Australia. We have just won the license to the same.

• 17:09Patrick Bet-David?

  Fantastic. That's a big deal.

• 17:10Speaker 04

  Yeah. And I've done a whole lot of other things. I see you've got a lot of sports teams here. I love rugby, so I'm going to have to get you a Springbok shirt. But I owned Vicenza Culture in Italy. I'm the first foreigner to buy a football team in Italy. I owned it for two years.

• 17:23Patrick Bet-David?

  How was that?

• 17:24Speaker 04

  It was, well, it was one of those businesses that had a tiny profit, a tiny club. And Vicenza, if you're driving in Italy from Milan to Venice, you could have passed Verona. And there's one little turn off to Vicenza, which no one notices, you go straight on to Vellis. I own Vicenza Culture, Vicenza Football Club. And the only piece of silver where they ever won was a month after I bought it. They won the Italian Cup, beating Napoli 1-0.

• 17:52Patrick Bet-David?

  Wow.

• 17:53Speaker 04

  But now, today, every restaurant I go to in London, Italian restaurant, they go, "Mr. Presidente."

• 18:00Patrick Bet-David?

  So what do you know about the Tranmere Rovers?

• 18:03Speaker 04

  Not much. I don't follow football.

• 18:05Patrick Bet-David?

  I was trying to be selfish, trying to get a little bit of business counsel to see if you know anything about them.

• 18:10Speaker 04

  But a final quick thing. So I've done lots of entrepreneurial things, investors, and after 31 years of living in America, Europe, and mainly the UK, I decided to go back to South Africa in 2017.

• 18:21Patrick Bet-David?

  I read that.

• 18:23Speaker 04

  Yeah, 31 years of.

• 18:24Patrick Bet-David?

  Why did you go back?

• 18:25Speaker 04

  And people are going the other way. They're leaving in droves.

• 18:27Patrick Bet-David?

  Yeah, there's brain drain that's taking place over there, yeah.

• 18:30Speaker 04

  I went back because I looked my wife in the eyes and said, "My parents are still alive. My father's 99 this year, mother 91."

• 18:38Patrick Bet-David?

  Wow.

• 18:39Speaker 04

  We're still, our name is still reasonably well-known in South Africa, being industrial family, and I want to go home. I'm homesick. But we'll only go home for two to three years because Jacob Zuma, the president at the time, is going to destroy, is destroying the country. Let's go back, show our kids, see South Africa, and then leave. And what I'm not gonna do is get involved in politics or invest in anything in South Africa that has any long-term horizon or involves the government.

• 19:07Patrick Bet-David?

  That makes a lot of sense. So you say.

• 19:09Speaker 04

  So what did I do?

• 19:10Patrick Bet-David?

  No, but wait a minute. You just said the president of South Africa is destroying the country, and that's why I'm going back for two to three years, but I'm not gonna get involved in politics. That makes a lot of sense, Robert.

• 19:20Speaker 04

  Yeah, I really stuck to that.

• 19:21Patrick Bet-David?

  Yeah, that makes a lot of sense. So why is he destroying the country and how is he destroying it?

• 19:26Speaker 04

  So I'll give you a quick potted history. In 1994, apartheid ended, and the country and government was handed over peacefully to the majority. The black majority.

• 19:37Patrick Bet-David?

  Mm hmm.

• 19:38Speaker 04

  And for twelve, fourteen years, South Africa was actually a success story. It was the miracle democracy, the miracle story. The West said, we've won, we've saved South Africa, there's democracy. And the country grew at three, four, five percent a year. There was meritocracy, there were black, white, colored Indian people in all the jobs. And everything was going well. In two thousand and eight, the rot began. So there was Mandela, Mbeki, and then President Jacob Zuma, complete gangster, rogue villain.

• 20:09Patrick Bet-David?

  He's a gangster, Jacob Zuma?

• 20:11Speaker 04

  He's the gangster. And he instituted a thing called state capture. All our state-owned enterprises, railways, electricity supply, South African airways. He put loyalists in place, whose only job was to steal. And hundreds of billions of rand were stolen and offshored. And that was when the country began its descent into potential economic collapse.

• 20:39Patrick Bet-David?

  This is in oh eight?

• 20:41Speaker 04

  This is oh eight, oh nine till two thousand and seventeen.

• 20:44Patrick Bet-David?

  So state capture is a type of systemic political corruption in which private interests significantly influence a state's decision-making processes to their own advantage. The term was first used in World Bank in two thousand, describing certain Central Asian countries making the transition from Soviet communism, where small corrupt groups used their influence over government officials to appropriate government decision-making in order to strengthen their economic positions. Okay, so two thousand eight, two thousand and nine, he's doing this.

• 21:13Speaker 04

  He begins it.

• 21:14Patrick Bet-David?

  He begins it.

• 21:15Speaker 04

  And they they remove all the middle-class, small-town, big-city employees who for decades have been handling maintenance of the local sewage plant. You know, all those jobs that the the smaller people in smaller jobs do day to day to keep the economy going. And they put ANC, the government loyalists, in place, who had no competence.

• 21:43Speaker 04

  And he ended up stealing and breaking. Every one of our state-owned enterprises either bankrupted or stolen to death, as of today. But in 2017, the ANC elected a new president, because they had over 50% of the vote, President Cyril Ramaphosa, who everyone believed would save the country. He's been just as bad as Zuma. And he arrives tomorrow to meet President Donald Trump.

• 22:13Patrick Bet-David?

  He arrives tomorrow to meet President Donald Trump. Yeah, he said he was negotiating with the president.

• 22:19Speaker 04

  So tomorrow might, if it's recorded, tomorrow might be in the past.

• 22:23Patrick Bet-David?

  That's right.

• 22:23Speaker 04

  Yeah.

• 22:24Patrick Bet-David?

  So, so now how do you feel about him versus Jacob Zuma?

• 22:29Speaker 04

  Jacob Zuma was fundamentally evil and malevolent. He's like a populist clown, dangerous. And he's trying to come back into power, and he'll be way, way, way more dangerous if he does. Cyril Ramaphosa is now head of the ANC. And he was a trade unionist. He was one of the first South African black billionaires. He has the McDonald's franchises in South Africa. He understands the mining industry. He's the kind of guy you would actually like having a meal with, like talking to. But he's like a pillow. He takes the shape of the last person that sat on him. He'll tell you what you want to hear. Then he'll meet trade unionists, tell them what you want to hear, and so on and so on.

• 23:14Patrick Bet-David?

  Have you met him before?

• 23:16Speaker 04

  I've met him, but I refused. He's trying to meet me. I refuse to meet him.

• 23:19Patrick Bet-David?

  Zuma or the existing president?

• 23:21Speaker 04

  I've spoken to Zuma, and I've met Ramaphosa. They're both equally bad, because what they've done over the last 14 years is institute racism, anti-white, anti-colored, anti-Indian racism, socialism. And their government has been kleptocratic and ineptocratic. So, on one hand, stealing; on the other hand, completely incompetent. They have de-industrialized our country. And we are growing at 1% economic growth. And our population growth is 2%. What does that mean? We get poorer every year. The country is falling apart because of the ANC.

• 24:02Patrick Bet-David?

  Yeah, I'm looking at some data here saying South Africa's GDP has stagnated averaging point eight percent annually from 2012 to 2022. Again, 2008, 2009, Jacob Zuma gets in. Compared to 4.8% the previous decade, 94 to 04, unemployment reached 33 and a half percent in 2024 with youth unemployment at 61%.

• 24:26Speaker 04

  Highest in the world, highest in the world.

• 24:28Patrick Bet-David?

  How?

• 24:29Speaker 04

  By complete incompetence and malevolence, evil. They're pushing anti-white racism and socialism by their day. And let me give you the worst of it. We have a policy called Black Economic Empowerment, BEE. The reason Starlink isn't in South Africa yet is because the South African government said to Elon Musk, if you want to bring Starlink to South Africa, you've got to give 30% of your business to a black person and we'll tell you who.

• 25:00Patrick Bet-David?

  Who said this? Jacob Zuma?

• 25:01Speaker 04

  Our government says this. It's a government policy.

• 25:04Patrick Bet-David?

  So whatever business you're running, I'm doing 100 million dollars here. I built this thing myself. I have to give it to a black person 30% of it and they pick and choose who it is?

• 25:14Speaker 04

  If you're dealing with, if you have any dealing with the government, if you have any dealing with the South African government.

• 25:19Patrick Bet-David?

  So if I have a government contract and I'm doing business with them, 30% of the ownership of the company needs to go to a black person that they choose?

• 25:27Speaker 04

  Or that you choose that's acceptable to them.

• 25:30Patrick Bet-David?

  Or that you choose that is acceptable to them.

• 25:32Speaker 04

  But in most cases, these people-

• 25:33Patrick Bet-David?

  I say it's Rob. Rob is a black person in South Africa, let's just say. And you say, no, Rob is not good. Then I say Humberto, and Humberto's a black person. You say, I will approve that one.

• 25:43Speaker 04

  Yeah.

• 25:44Patrick Bet-David?

  That's how it works.

• 25:45Speaker 04

  And they don't have to put any money up. You effectively have to fund it. It's, it's, it is-

• 25:49Patrick Bet-David?

  Is this a law?

• 25:50Speaker 04

  It's a law.

• 25:51Patrick Bet-David?

  It's like if he finds, if he searches it, he'll find it?

• 25:53Speaker 04

  Type in BEE or Broad Based Black Economic Empowerment, BBBEE. Have a look, South Africa. And it's getting worse. They're trying to institute a law of any private company of 50 or more employees has to have BEE, whether you work with the government or not. So like a real estate agent, this is currently on the table. But I'll give you one worse law than this.

• 26:20Patrick Bet-David?

  What's that?

• 26:20Speaker 04

  You ready for these three words?

• 26:21Patrick Bet-David?

  I do.

• 26:22Speaker 04

  Tell me what this means to you. And it's been signed in January. Expropriation without compensation.

• 26:31Patrick Bet-David?

  Unpacked.

• 26:31Speaker 04

  Would you invest in this country that says, we can expropriate? Not just your land, not just your mines, the watch of your arm in your house, without compensation, if it's in the public interest?

• 26:45Patrick Bet-David?

  What's the interest incentive for me?

• 26:47Speaker 04

  Well, you'll never invest in South Africa with a law.

• 26:49Patrick Bet-David?

  No, why would I do that?

• 26:50Speaker 04

  You wouldn't. Why would I invest any more in South Africa? I won't. Foreign direct investment has dried up. And our government, our moronic ANC government, continues to institute. Donald Trump is angry with South Africa. I mean, it's amazing we've even made his priority list. Because he calls South Africa D E I as a country. It is racist and socialist and destructive and everybody's suffering.

• 27:19Patrick Bet-David?

  Now, let me ask you to stay on this because there's this, we can go in two different directions.

• 27:23Speaker 04

  You're getting me fired up here.

• 27:24Patrick Bet-David?

  No, I love this because I'm looking at foreign direct. Rob, can you pull up foreign direct investment in South Africa? History of foreign direct investment in South Africa? Year over year, I want to take a look at this. Foreign direct investment in South Africa, year over year.

• 27:38Speaker 04

  Did you find B E E on there?

• 27:40Patrick Bet-David?

  I'm going to go back to that as well. The one thing that I. I saw that in 2023, it was 96.5 billion. In 2022 was 151 billion. So dropped 50% in one year is what it is. What is foreign direct investment in South Africa in 2024? F D I, South Africa, 2024.

• 28:03Speaker 04

  I need a Rob.

• 28:06Patrick Bet-David?

  Yeah, Rob is very good at what he does.

• 28:08Speaker 04

  Has he acted in Game of Thrones, Lord of the Rings?

• 28:10Patrick Bet-David?

  He is.

• 28:11Speaker 04

  You should give him a double-headed axe and a white horse. I mean, that's how I see him.

• 28:15Patrick Bet-David?

  Okay, so Q1, or something, F D I, something, 24 billion. And Q2 was 16 billion. Q3.

• 28:24Patrick Bet-David?

  Do they show you what it is in 2024? I'm looking at the same thing you're looking at right now. I'd be curious on what the numbers. So, okay, some flows of seven and a half billion rand, which is following Q4, making a turnaround from 3.2 billion dollars. Okay, money's not coming in in 2024.

• 28:39Speaker 04

  And people are leaving.

• 28:40Patrick Bet-David?

  Yeah.

• 28:40Speaker 04

  And the economy's half, is growing at half the rate that population growth is growing. We have the highest, one of the highest murder rates in the world. Now, one of the highest rape rates in the world. And remember, most rapes aren't reported. So the reported rapes are one of the highest in the world. We have load shedding, which means you have intermittent electricity. Sometimes six hours a day of no electricity. How do you run a country on that? And it's because the ANC has broken and stolen all of our state-owned enterprises. They're destroying the country.

• 29:15Patrick Bet-David?

  The ANC is. Okay, so Rob, can you type this in on Google? Type in B hyphen B B E E, South Africa, 30%. Just type in 30%. There you go, percent. So if you zoom in a little bit, you're gonna see what it says right there. In South Africa, broad-based black economic empowerment framework. A 30% target is commonly used for black ownership in specific sectors for certain compliance requirements. This target is particularly prominent in sectors like telecommunications, broadcasting, post. It all applies to large companies aiming. But does this mean the ownership target is the one I'm looking at? In many cases, the 30% target refers to black equity ownership in a company. This means that at least 30% of the company's shares or equity must be held by black individuals.

• 29:58Patrick Bet-David?

  The 30% target is often seen in sectors like telecommunications, broadcasting. Okay, so they announced this. How many businesses had to give up 30%? Or is it just for startups?

• 30:08Speaker 04

  No, it's most of the big corporates.

• 30:11Patrick Bet-David?

  They went to the big corporates and it's you gotta give 30% of it to one black person?

• 30:15Speaker 04

  Or a group of black people, or a... SPV of black people.

• 30:19Patrick Bet-David?

  What did that cost people? And this is Jacob Zuma.

• 30:23Speaker 04

  Well, it actually began even earlier. And it was seen as an element of transformation of the economy. And all the corporates accepted it at that time. Like, we've got a transformer economy. We've got to bring the broader black population in. But all they did was benefit 1,000, 2,000 elites. What would have been smarter would have been to give 30% of your business to your employees and empower them. And that never happened. So you've got these black billionaires. They're all listed, if you want to hear their names. Cyril Ramaphosa is one of them, who were handed billions of dollars on day one to just participate in these businesses.

• 31:07Speaker 04

  Have a look at him, what he owns. Cyril, a dreadful, dreadful president.

• 31:14Speaker 00

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• 31:39Speaker 01

  Stonefire naan is made with real buttermilk and ghee. It's the perfect flatbread for any occasion.

• 31:45Speaker 02

  I put out Stonefire naan with dips at every dinner party.

• 31:48Speaker 01

  I make naan grilled cheese when my daughter has friends over.

• 31:51Speaker 03

  I use Stonefire naan to reward the humans who do my bidding.

• 31:54Speaker 02

  Right. It's perfect for camping trips.

• 31:58Speaker 03

  Dance for it, feeble mortal.

• 31:59Speaker 02

  Sorry, is he talking to me or?

• 32:02Speaker 03

  Dance.

• 32:05Speaker 01

  From our tradition to yours. Stonefire. Together, we naan.

• 32:12Patrick Bet-David?

  Just tapped in, black billionaires in South Africa, Patrice Motsepi.

• 32:16Speaker 04

  And he's Cyril Ramaphosa's brother-in-law.

• 32:19Patrick Bet-David?

  He is Cyril's brother-in-law.

• 32:22Speaker 04

  And his mining company was our family mining company.

• 32:25Patrick Bet-David?

  And they took it away or they bought it?

• 32:26Speaker 04

  We sold it.

• 32:27Patrick Bet-David?

  You sold it to him?

• 32:28Speaker 04

  Yeah, in the mid 90s, we moved out of mining industry.

• 32:31Patrick Bet-David?

  And who is he? Is he somebody that's respected, Patrice Motsepi?

• 32:35Speaker 04

  I like him. To his credit, he was the first African to join the Giving Pledge. Buffett's, you know, give away a third of your wealth when you die to charity. He was the first African to do it, to his credit. He's a nice, charming man, but he's Cyril's brother-in-law. And he's never stood up, like most South African corporates, have never stood up against the ANC.

• 32:58Patrick Bet-David?

  Let's stay on Jacob Zuma a little bit.

• 33:00Speaker 04

  Okay.

• 33:00Patrick Bet-David?

  What is this story I hear about Jacob Zuma? Did he have an accusation of having AIDS and he raped someone?

• 33:07Speaker 04

  Yeah, they're monsters.

• 33:09Patrick Bet-David?

  And then he said, he says, after I raped him, it was unprotected, but I showered, so I should be clean.

• 33:14Speaker 04

  Yeah, there's a cartoonist in South Africa.

• 33:17Patrick Bet-David?

  Is this a joke or is this?

• 33:17Speaker 04

  No, it's real. There's a cartoonist in South Africa. Did cartoons of Jacob Zuma with a shower head coming out of his head.

• 33:24Speaker 04

  These are the people running our country.

• 33:26Patrick Bet-David?

  This guy right here? This one?

• 33:27Speaker 04

  This guy, yeah, there we go.

• 33:29Patrick Bet-David?

  So he had, he raped someone and then he says, don't worry, she didn't, so he's got AIDS, he's got HIV.

• 33:35Speaker 04

  Who knows? I mean, he seems pretty fit.

• 33:37Patrick Bet-David?

  No, but what is this story about him having HIV? Is there a truth to it or no?

• 33:41Speaker 04

  That I don't know. That I don't know.

• 33:43Patrick Bet-David?

  Can you zoom in and see what it says? So during the trial, Zuma admitted to have an unprotected sex with his accuser, whom he knew to be, oh, the accuser had HIV positive.

• 33:52Speaker 04

  Correct.

• 33:52Patrick Bet-David?

  But memorably claimed that he took a shower afterwards to reduce the risk of contracting HIV.

• 33:57Speaker 04

  This is the level of intellect that we have running the country.

• 34:02Patrick Bet-David?

  And all Bill Clinton did?

• 34:05Patrick Bet-David?

  I mean.

• 34:05Speaker 04

  Was.

• 34:06Patrick Bet-David?

  This guy.

• 34:06Speaker 04

  Smoke a cigar.

• 34:07Patrick Bet-David?

  Bill Clinton to, yeah.

• 34:08Speaker 04

  I know, we've got, we've got lunatics running the asylum. But here's the interesting thing. Until Donald J. Trump became president, no one said a thing. Europe and the UK pathetic, soft diplomacy, soft diplomacy does not work with these people. And you know, Obama and Biden, I mean, they'd never say boo to a black African president. But Donald Trump looks at it and says, this country's going down the plug. And if I can give a terrifying analogy. South Africa is Germany in the early 1930s. The white minority are being boiled like frogs.

• 34:53Speaker 04

  There's an economic genocide taking place with black economic empowerment, with expropriation without compensation, with the destruction of the economy, the potential, potential hasn't begun yet, disarming of the population.

• 35:12Patrick Bet-David?

  Tell me more.

• 35:15Speaker 04

  Donald J. Trump offered refugee status to white Afrikaans farmers. And then he expanded it, I think, in the last few days to mean any minorities in South Africa being persecuted. And the persecution is definitely in place economically and it's beginning culturally. Our government have flown over here to try and tell Donald Trump, there is no genocide. Let me talk about farm murders in South Africa. Our commercial farming population is 30,000 farmers. The American commercial farming population is 3 million.

• 35:55Speaker 04

  It is three times more dangerous being a farmer in South Africa than a policeman, and twice as dangerous being a policeman than an average citizen. Farm attacks are not only attack and then thirty to forty percent are murders, but it's torture of the most horrific kind and rapes. Not just white farmers, but mainly white farmers. And the South African government police has done nothing to protect these farmers. Cyril Ramaphosa claims the problem doesn't exist, South Africa is a violent society. But how come so many farmers have been attacked, murdered, raped in South Africa? And if you extrapolate, if you take a pro rata number of South African farmers

• 36:38Speaker 04

  attacked and murdered and killed to the American population, over the last twenty years, two hundred and thirty-three thousand American farmers would have been murdered. And you don't think that's some form of genocide? It's horrific. So look at Germany in the nineteen thirties. Look at what's happening in South Africa. No wonder so many people are leaving. No wonder Donald Trump has said they get refugee status.

• 37:09Patrick Bet-David?

  Why do you think the reaction to the fifty-eight refugee that was given, being white, why do you think the reaction has been the way that it's been with the media?

• 37:17Speaker 04

  Because the left-wing media want to see brown faces from Sudan, you know, escaping camps, ducking border guards. But the persecution is much the same. If you're a white South African, you're having thirty years of anti-white racist laws being put in place. What future do you have? South African businesses are now being told who they can hire and who they can't fire. I had a senior politician three days ago say, "It is immoral that ninety-eight percent of top executives are white." I went, "No, it's not ninety-eight percent. It's sixty-two percent." Because I had a rob in the audience. I said, "Google it." He went, "Sixty-two percent." But they're already starting to say

• 38:02Speaker 04

  the racial breakdown of South Africa needs to equate to the corporate breakdown, to the everything else breakdown. Seven percent of the population are white. So we only have seven percent of the corporates being white? It's racist. It's destructive. And our economy's falling apart.

• 38:20Patrick Bet-David?

  Seven percent of the population is white?

• 38:22Speaker 04

  And it used to be twenty.

• 38:25Patrick Bet-David?

  When was it 20%?

• 38:27Speaker 04

  In 1980s.

• 38:29Patrick Bet-David?

  So in the 80s it was 20%, so you've lost two thirds.

• 38:33Speaker 04

  Well firstly, the white population is not growing because a million people have left in the last 20 years. A million. The two richest people in Los Angeles are South African, number one and number two. Elon Musk, Patrick Soon Cheung, owns the Lakers. There are, I think, $22 billionaires born in South Africa, living in America, and 35 internationally. And they're not living in South Africa. So there's been a mass exodus of people. And the black population is obviously having more babies than the white population. And of the 60 million population, I'd say about 8 million are illegal immigrants.

• 39:08Patrick Bet-David?

  Where from?

• 39:09Speaker 04

  Zambia, Zimbabwe, Congo, Malawi. Eight million of 60 million.

• 39:16Patrick Bet-David?

  Of the 60 million.

• 39:16Speaker 04

  Illegal. We have no borders anymore.

• 39:20Patrick Bet-David?

  So how well is the economy doing where? What is causing these other business owners that are still there to want to stay there?

• 39:29Speaker 04

  A lot can't leave. So I was on a plane flying over to DC yesterday with a South African, must have been 40 years old. And he said he'd left the country because he thought he'd sold his cosmetics business, but the deal never went through. So he's had to go back to South Africa, re-engage to try and keep building his business under terrible circumstances, or try and sell it, which he can't do because no one's buying anything. So a lot of South Africans can't leave. They're not wealthy enough, they don't have the opportunity, and they don't have another passport.

• 40:05Patrick Bet-David?

  But the brain drain is happening. You're saying since 1980s, the white population went from 20 to 7%. A million have left. When I look at the current farms in South Africa, I saw numbers, 62% are owned by the 7%.

• 40:23Speaker 04

  Not true.

• 40:24Patrick Bet-David?

  What's the percentage?

• 40:25Speaker 04

  Okay, so these numbers have been thrown around by the left.

• 40:29Speaker 04

  Of the arable land in South Africa, if you take the total land area, it's higher than fifty percent, but the western and northern Cape is mostly desert. So you have massive land holdings. But if you look at arable land, twenty percent is owned by white farmers.

• 40:49Patrick Bet-David?

  Twenty percent is owned by white farmers?

• 40:51Speaker 04

  You have seven percent of the population.

• 40:53Patrick Bet-David?

  So the other eighty percent is owned by?

• 40:56Speaker 04

  Non-whites.

• 40:57Patrick Bet-David?

  Non-whites, whatever it could be.

• 40:58Speaker 04

  Yeah, mostly black farmers. But the government, when they bought the land or it was transferred to the black owners, the government has not given most of them the title deeds. If that isn't communism in motion, subtle, evil, malevolent communism.

• 41:14Patrick Bet-David?

  Give me your land, I'm gonna give it to this black family, but I hang on to it, I don't even give it to them, I let them live there, but I control it.

• 41:21Speaker 04

  I stole, the government had the title deed.

• 41:25Patrick Bet-David?

  Okay.

• 41:25Speaker 04

  And nobody's raising that. Nobody's talking about it.

• 41:28Patrick Bet-David?

  Nowadays, more than ever, the brand you wear reflects and represents who you are. So for us, if you wear a Future Looks Bright hat or a ValueTainment gear, you're telling the world, I'm optimistic, I'm excited about what's gonna be happening, but you're a free thinker, you question things, you like debate. And by the way, last year, a hundred and twenty thousand people got a piece of Future Looks Bright gear with ValueTainment. We have so many new things, the cufflinks are here, new Future Looks Bright, this is my favorite, the green one. Just yesterday, somebody placed an order for a hundred of these. If you watch the PBD Podcast, you got a bunch to choose from, white ones, black ones. I- if you, if you, if you smoke cigars and you come to our cigar lounge,

• 42:12Patrick Bet-David?

  we have this high-quality lighter cutter and a holder for the cigars. We got sweaters with the ValueTainment logo on it, we got mugs, we got a bunch of different things. But if you believe the future looks bright, if you follow our content and what we represent with ValueTainment, with PBD Podcast, go to vtmerch.com. And by the way, if you order right now, there's gonna be a special VT gift inside just for you. So again, go to vtmerch.com, place your order, tell the world that you believe the future looks bright. Can you go back to the history of it, even prior to apartheid? Okay, go previous to that.

• 42:47Speaker 04

  Sixteen fifty-two.

• 42:48Patrick Bet-David?

  Okay, give me the history there, and then you know others coming and taking advantage of your resources.

• 42:51Speaker 04

  Winners may flower sixteen twenty.

• 42:53Patrick Bet-David?

  Okay.

• 42:54Speaker 04

  Okay. I checked when I came in here. So Mayflower sixteen twenty.

• 42:59Patrick Bet-David?

  Okay.

• 42:59Speaker 04

  The first settlers, Dutch settlers in the Cape sixteen fifty.

• 43:02Patrick Bet-David?

  Okay.

• 43:03Speaker 04

  When they got to the Cape, there were no black tribes, none in the Western Cape, all the way up to this place called the Fish River, six hundred kilometers away. The black tribes had migrated down over a thousand years from Eastern Africa into South Africa. So they're settlers too. If they call us settlers, they're settlers. And they met, and there was peace, working together and fighting, the usual story. Fast forward, the British then arrive in eighteen twenty. And then the late eighteen hundreds, gold is discovered. And everyone piles in. And then the British have their first, sorry, they have the Zulu Wars. Then they, we've been fighting all our career.

• 43:43Speaker 04

  Then they have the first Boer War, English Afrikaner, and then the second Boer War, English Afrikaner. And in nineteen ten, South Africa, which was made up of a whole lot of different republics and provinces, was formed into this Union of South Africa. So South Africa as a country is only a hundred and fourteen years old. It's new, but it's big. It's twice the size of France. It's a very big country. And the Western Cape has nothing in common with, KwaZulu-Natal has nothing in common with the North, the Pumlainga. There are twenty-six different languages.

• 44:20Speaker 04

  The white tribe is made up of the Afrikaners of Dutch and German origin, but there really are white Africans. And the Anglos, like myself, with some more English heritage. So they're two different white tribes. Then there's the coloreds, who are a mix of white and black. The Indians, Indian South Africans. And then the blacks, and the black population of South Africa, I think there are twenty-something tribes, Zulu, Tgoza, Sutu, Venda, Swanee. All in different areas. It's a patchwork of individual communities.

• 44:52Speaker 04

  And therein lies the solution. I'll get to it quickly. We have to decentralize. We have to create autonomous regions, autonomous areas, based around culture and ethnicity, and take decision-making from the top and urgently push it down. That's my solution. We can speak to that later.

• 45:10Patrick Bet-David?

  What is the?

• 45:11Speaker 04

  So we then had the First World War.

• 45:12Patrick Bet-David?

  Yeah.

• 45:13Speaker 04

  Where South Africa fought with the British and Allies. Second World War, where we fought with America and the UK. My father was South African Air Force, the Second World War. He's ninety-nine this year.

• 45:25Patrick Bet-David?

  You were saying that, that's unbelievable.

• 45:26Speaker 04

  And sharp as a tack.

• 45:27Patrick Bet-David?

  That's unbelievable.

• 45:28Speaker 04

  He'll be watching this and saying, "Weldon Robbie didn't swear."

• 45:32Patrick Bet-David?

  So let me.

• 45:33Speaker 04

  And then we get to nineteen forty-eight.

• 45:35Patrick Bet-David?

  Yeah.

• 45:35Speaker 04

  And in nineteen forty-eight, the Afrikaner National Party gets elected. And from nineteen forty-eight to nineteen sixty, they begin the process of apartheid. And what apartheid, the word stands for, is separateness. You translated directly, apartheid, separateness. And the intention was to have people develop separately, so that the black South Africans would have their areas, the whites theirs. But, you know, it did migrate into something that was patently unfair. You know, more money was spent on white kids and black kids. You know, the white people got the better areas there. Black people had to carry passes.

• 46:15Speaker 04

  Apartheid became dysfunctional and evil in its latter stages. And in nineteen eighty-five, no one knows this, F W de Klerk and the Afrikaners in power decided internally apartheid was unsustainable. And between then and nineteen ninety-four, they put a process in place to remove apartheid. And he died, he was a Nobel Prize winner. And he worked with Mandela to create a great constitution and a peaceful transition of power.

• 46:46Patrick Bet-David?

  In your opinion today, Mandela, good guy or bad guy?

• 46:50Speaker 04

  Good guy in a very bad party because the ANC always had as its original tenant, a national democratic revolution. They're all trained by the Russians. They all believe in socialism or communism. Mandela managed to sit on top of that and say, I see a better way forward. But the ANC always had its evil within it, which is manifesting now.

• 47:15Patrick Bet-David?

  Is it almost like they were waiting for Mandela to die and get out the way so they can do it the way they always wanted to do it?

• 47:20Speaker 04

  Correct. People always go, where's the brain trust of the ANC? I said, well, there's not much brain and there is no trust. But there's this fundamental Soviet-trained philosophy that is manifesting itself and it's a very slow burn. Like cultural Marxism in the West, you know, they took time, they captured our universities here, they captured the left, they captured CNN, MSNBC. They do it over time and slowly, but it's a policy. And it's showing its face now in South Africa, but Donald Trump has noticed.

• 47:53Patrick Bet-David?

  Yeah. So, you know, when I'm, when I'm looking at South Africa and I'm like, you're going through the history and you're looking at all this stuff and you have different papers that come up. So you'll read this one paper that says, well, you know, South Africa is a great place for resources, natural resources. Go there, mine, make your money, great. But outside of that, for capitalism and commerce and building and ports and import and all that stuff, it's, it's complicated. It's not built in the most best way.

• 48:20Speaker 04

  In 1994 it was. We had some of the best ports, best airports, best railway system. We had more rail lines in South Africa than the rest of Africa put together. We were number one or number two gold producer in the world.

• 48:33Patrick Bet-David?

  That, that's, that's known.

• 48:35Speaker 04

  All of them. We're now number 22nd.

• 48:38Patrick Bet-David?

  Wow.

• 48:39Speaker 04

  The ANC has chased away so much foreign direct investment. It's, I don't know how you can be that stupid, but they are.

• 48:46Patrick Bet-David?

  And I think that's a very good measure to see how the administration is doing to attract people. And because right now, if we look at FDI with US, what do you notice? 1.4 trillion.

• 48:55Speaker 04

  That was last week.

• 48:56Patrick Bet-David?

  Then you got, yeah, exactly. 1 trillion, then you got 600 billion from, you know, MBS from Saudi, you got Apple is saying a half a trillion dollars. So all this, all this money, of course, Apple is here, but all these other countries are saying, I want to go and invest in the US. That is the biggest compliment to say, I want to do business here. The complete opposite is taking place in South Africa.

• 49:14Speaker 04

  Everyone's pulling out. Shell just announced they're pulling out, Exxon's pulled out. And they find it's just too hard. South Africa's overregulated, they've got racist laws. It's, I don't know how anyone actually keeps doing business in South Africa.

• 49:27Patrick Bet-David?

  I want to ask you about the president, but before I do so, I want to give you some fun facts that I pulled up. So one, the only country in the world that has three capitals. Is that true? That's what I say. So Pretoria Executive, Cape Town Legislative, and then Blom, uh, uh, Fontaine Judicial. Then you have, it has 11 languages. You said it's 26, but it says it's got 11 languages. Okay?

• 49:48Speaker 04

  Okay. I think it's more than, yeah, let's go. Yeah.

• 49:51Patrick Bet-David?

  Okay. So that's the languages. How many languages South Africa have? Can you pull it up? How many languages does South Africa, it says 12? Okay, so 12.

• 49:58Speaker 04

  12 official.

• 49:59Patrick Bet-David?

  12 official.

• 50:00Speaker 04

  Lots more unofficial.

• 50:01Patrick Bet-David?

  Oh, oh, got it. And recognizes at least 35 in total. Got it. Okay.

• 50:05Speaker 04

  So my 26 is kind of.

• 50:07Patrick Bet-David?

  You're, you're there. So maybe, maybe slang will be the 36.

• 50:10Speaker 04

  Bob, stop putting me under pressure.

• 50:14Patrick Bet-David?

  So first, this is a crazy one, and, and I, I want you to speak on this one here. First, cause is it true that it's the first country to voluntarily dismantle nuclear weapons?

• 50:22Speaker 04

  Yeah.

• 50:23Patrick Bet-David?

  In the early 90s?

• 50:24Speaker 04

  Yeah.

• 50:24Patrick Bet-David?

  Why? And who agreed to that?

• 50:26Speaker 04

  It was a discussion between the Afrikaner government and Mandela. You know, when in the seventies, when I was at school, Africa was turning hardcore. You know, colonies were leaving, but it was turning hardcore Soviet. You know, the Cubans and the Russians were in Angola. The threat was moving south. Rhodesia was the last bastion of kind of, you know, the old world. And they fought on their own for a long time. And then they fell, they went. And South Africa was left. And our government said, we're up against it. We need nuclear weapons. In 1972, there was a power, a nuclear power plant built 40 minutes drive from Cape Town.

• 51:08Speaker 04

  Kubberg Power Plant in 1972, still fully operational.

• 51:13Patrick Bet-David?

  Till today?

• 51:14Speaker 04

  Yeah. I drove past it last week. Fully operational. South Africa was the first country to do a heart transplant. I mean, South Africa's done, it punches, has punched so far above its weight in history. If you look at the statesmen, the tech developments, the people it's produced.

• 51:31Patrick Bet-David?

  The only country that's held a World Cup in cricket, rugby and soccer.

• 51:35Speaker 04

  We haven't had, we've held it in our country. We haven't held the cup.

• 51:39Patrick Bet-David?

  No, no, not the cup, holding it in your country.

• 51:41Speaker 04

  Yeah, yeah.

• 51:42Patrick Bet-David?

  Yeah, I mean, and those three sports, I mean, you, you pretty much get ninety percent of the world.

• 51:46Speaker 04

  South Africa used to be a world leader in a whole lot of areas. And that's not the case anymore.

• 51:52Patrick Bet-David?

  Okay, you don't put that on Mandela, you put it on Zuma.

• 51:55Speaker 04

  I put it on Zuma and Ramaphosa.

• 51:57Patrick Bet-David?

  Ramaphosa, okay.

• 51:58Speaker 04

  And the ANC itself.

• 51:59Patrick Bet-David?

  Okay, so Ramaphosa was talking about Elon Musk the other day. I don't know if you've seen this clip or not. Have you seen it?

• 52:05Speaker 04

  No.

• 52:06Patrick Bet-David?

  Okay, Rob, can you pull up this clip? Here's Ramaphosa talking about, is it the Starlink one or? This is the one, right here. Go ahead and play this clip, Rob, go for it.

• 52:12Speaker 06

  Having to do with Starlink, so I know about it. Uh, and have even, uh, uh, yes, I know about it.

• 52:24Speaker 02

  Do you like Elon Musk?

• 52:27Speaker 06

  Let, let, let me say to you, uh, I, I have had, Elon Musk is, is, is South African born American now.

• 52:39Speaker 06

  I have had discussions with him. And have said, Elon, uh, you've become so successful. Uh, and you are investing in a variety of countries. I want you to come home and invest here. So he and I are going to have a further discussion about a variety of, of, of things. Whatever one may think about him, he is a hugely successful, uh, business person. And having had those discussions with him, to, to advance the interests of South Africans. Um, and he, he runs widespread businesses.

• 53:21Speaker 06

  And in many ways, he's already invested in South Africa through his ex, uh, online, uh, process, which used to be Twitter. So he's already present in our lives as South Africans. So I will be taking further discussions about.

• 53:41Patrick Bet-David?

  What's the likelihood of that happening?

• 53:42Speaker 04

  Zero. Zero.

• 53:43Patrick Bet-David?

  Zero.

• 53:44Speaker 04

  Elon Musk and Donald J. Trump.

• 53:49Speaker 04

  Know that it is absolutely pointless investing in South Africa. All you're doing is rewarding the ANC for their socialist and racist policies. The three fundamental bases need to be, tomorrow, need to be. We will not do trade with you, we will not help you, in fact, we're going to punish you unless you repeal black economic empowerment laws, expropriation without compensation, and you withdraw the Iran-funded ICJ case against Israel. Iran funded the ANC to put that case against Israel.

• 54:29Patrick Bet-David?

  Iran funded?

• 54:30Speaker 04

  Iran funded the ANC. They sent money to the ANC, and part of that money allowed the ANC, on behalf of Iran, to file the ICJ genocide case against Israel.

• 54:46Patrick Bet-David?

  And this is when, so the acronym IGCA refers to the International Court of Justice, South Africa against Israel, formerly titled Application of the Convention of the Prevention and Punishment of Crime and Genocide in Gaza. Here's a breakdown of the key aspects of it. Allegation: South Africa accuses Israel of committing genocide against Palestinians in Gaza, violating the 1948 Genocide Convention. The application points to actions like killing Palestinians, causing serious harm, deliberately creating conditions to destroy the group and preventing worse.

• 55:14Speaker 04

  Why would South Africa, of all the countries in the world, out of the blue accuse Israel of genocide through ICJ?

• 55:22Patrick Bet-David?

  Are they the first one that did it?

• 55:23Speaker 04

  They're the only ones that did it. And you know why they did it? Iran paid them to do it.

• 55:31Speaker 04

  Just type in Iran funding ICJ case.

• 55:38Speaker 04

  See?

• 55:38Patrick Bet-David?

  Yes, it says Iran did fund, support ANC, African National Congress, during the anti-apartheid struggle, particularly in the 80s, although the support was relatively limited compared to other international backers, like the Soviet Union, Cuba, and Scandinavian countries. What it did: After 1977 Islamic Revolution, Iran began supporting liberation movements that opposed Western-backed regimes, of course, and the Yank, fighting apartheid and white minority rule in South Africa, fit this narrative. Interesting.

• 56:07Speaker 04

  Do you know, South Africa is one of the top 10 countries in the world that votes against America in all UN resolutions.

• 56:17Speaker 04

  South Africa pokes America in the eye. Allies with Russia, China, and Iran. Openly supports Hamas. Files a case against Israel through the ICJ. Creates racist and socialist laws at home to persecute white Indian and colored minorities. And for 20 years,

• 56:39Speaker 04

  the pathetic Europe and UK have said nothing. And America's never had a foreign policy in Africa until Donald J. Trump arrived in January this year. And he knows exactly what's going on, and he's had enough. He is not sending any more money to South Africa. And he's going to punish South Africa, hopefully individuals, not the country, for this anti-American and anti-Semitic and anti-white policies.

• 57:08Patrick Bet-David?

  And how do you think he's going to react to it? Cyril, how do you think he's going to react to it?

• 57:14Speaker 04

  He's a sock puppet.

• 57:17Speaker 04

  Cyril is a jellyfish with no spine. He's charming. He comes across well. And that's why he fools a lot of the big South African corporates. And I'm not going to name one of the big ones. He's taken in by Cyril. And he's, I think, flying to Washington today to be with Cyril, to meet Donald Trump.

• 57:40Speaker 04

  Cyril's intention is to explain to Donald Trump and the administration the reality of South Africa. But Donald Trump, Elon Musk, and the administration are no fools. They know exactly what's going on. So I am hoping Cyril Ramaphosa gets the Zelensky times 10 treatment. I'm hoping.

• 58:03Speaker 04

  But I think Marco Rubio is the one who's going to do it.

• 58:05Patrick Bet-David?

  Why?

• 58:07Speaker 04

  Because I think Donald Trump wants to keep his position open to see how it goes. But Marco Rubio is going to read the riot act to the delegation that's flown over. And so he should. America should say to South Africa, we are not going to help in any way. In fact, we're going to punish you unless you immediately do those three things that I mentioned. Remove E W C, expropriation without compensation. Repeal black empowerment laws, get rid of them. And American companies should refuse to obey them and withdraw the case from the I C J. You do those three things, we can talk.

• 58:44Patrick Bet-David?

  Likelihood of that happening? Because those are big asks.

• 58:49Speaker 04

  But they, I mean, I think it's fifty, sixty percent. You go to Polymarket and ask.

• 58:55Patrick Bet-David?

  And if they don't.

• 58:57Speaker 04

  I think America should kick them back to say, leave. Go, go home. And then, I'm putting myself at risk here, by the way. And then, America should, and they've already done it. Ronnie Jackson, Congressman Ronnie Jackson, has already put a bill that's going to Congress about punishing individual South Africans using Magnitsky, S D N. Just do Ronnie Jackson here. Now, there he is. And Ronnie Jackson, South African bill.

• 59:29Patrick Bet-David?

  Rob, can you tap in Ronnie Jackson, South African bill?

• 59:33Speaker 00

  This episode is brought to you by Google Chrome. You think you know a browser, but Gemini and Chrome, that's new. It can help you with practically anything on the web, like restoring a vintage motorcycle from a fifty-page restoration block, or finally break down that long article you've had open for weeks. Gemini and Chrome is here for it. Ready to make anything online make sense? There's no place like Chrome. Check responses set up required. Compatibility and availability varies eighteen plus.

• 1:00:00Speaker 01

  Stonefire naan is made with real buttermilk and ghee. It's the perfect flatbread for any occasion.

• 1:00:05Speaker 02

  I put out Stonefire naan with dips at every dinner party.

• 1:00:08Speaker 01

  I make naan grilled cheese when my daughter has friends over.

• 1:00:11Speaker 03

  I use Stonefire naan to reward the humans who do my bidding.

• 1:00:15Speaker 02

  Right. It's perfect for camping trips.

• 1:00:18Speaker 03

  Dance for it, feeble mortal.

• 1:00:20Speaker 02

  Sorry, is he talking to me or?

• 1:00:22Speaker 03

  Dance. Ha, ha, ha, ha, ha. From our tradition to yours, Stonefire. Together, we naan.

• 1:00:36Patrick Bet-David?

  There we go.

• 1:00:39Patrick Bet-David?

  There we go.

• 1:00:42Patrick Bet-David?

  This was a month ago. "South Africa has brazenly abandoned its relationship with the United States to align with China, Russia, Iran, and terrorist organizations. A betrayal that demands serious consequences. The legislation ensures we conduct a comprehensive review of the supposed ally while also holding accountable any corrupt officials of the Arab governments undermining American interests without repercussions." Ends now?

• 1:01:03Patrick Bet-David?

  Interesting. Okay.

• 1:01:04Speaker 04

  So that's moving forward.

• 1:01:05Patrick Bet-David?

  Yeah.

• 1:01:06Speaker 04

  So Ramaphosa knows this is underway. He's on the list.

• 1:01:13Speaker 04

  He needs to kiss the ring. He needs to give up on these racist and socialist policies and start to put South Africa first and not the ANC.

• 1:01:21Patrick Bet-David?

  Who does he fear more, Trump or Zuma?

• 1:01:25Speaker 04

  That's a very, very good question. That's a very good question. In May 2024, the first election in 30 years, the ANC got less than 50%. They've been ruling with impunity since then.

• 1:01:39Patrick Bet-David?

  Who got, who?

• 1:01:41Speaker 04

  They got 41%. They collapsed to 41%. They and the Democratic Alliance, which is the center party, the capitalist, free-market, pro-West party, formed a government and national unity, GNU. But then they added a whole lot of other smaller parties. And that's our current government. Under the guise of the GNU, the ANC is still pushing forward its racist and socialist policies.

• 1:02:07Speaker 04

  So your question has hit the nail on the head. How do we take this forward?

• 1:02:18Speaker 04

  Without punishing South Africa, but by only punishing the people who are responsible for the 30 years of destruction? That's the key. This is a real finesse by America.

• 1:02:31Patrick Bet-David?

  Yeah, so this is the challenge I see. Last night I'm watching Godfather 2.

• 1:02:36Speaker 04

  How many times?

• 1:02:37Patrick Bet-David?

  Uh, can't even tell you.

• 1:02:38Speaker 04

  Me too.

• 1:02:40Patrick Bet-David?

  So I'm watching Godfather 2, you know what scene it is? Where Vito Corleone, his dad gets killed by the boss in Italy. Then Vito finds out who the son is, older son, kills the son. Then the mom decides to plea. And go plead to him and go and say, please don't kill my youngest son. And she says, he's not that smart. He's not that this. Let him work for you. He won't do anything. Please forgive him. Let him live his life, all this stuff. He's thinking about it for a couple of minutes. And he says, nope, I can't do that. Then she takes a knife out to try to kill him. And then they shoot her. She dies right in front of Vito Corleone. Vito runs off.

• 1:03:24Patrick Bet-David?

  And they try to go get him with a shotgun, they don't. Eventually he comes to the States and obviously he becomes the Godfather. He becomes Vito Corleone in the movie Godfather, right?

• 1:03:33Patrick Bet-David?

  And can you get vengeance out of him? I don't know. Can you get vengeance out of his heart? To forget the family or anybody related to the family that killed the father, killed the mother and killed his brother? Can you do that? In South Africa, when you go and look at the story and you go all the way back and now, you know, the animosity, the level of animosity that's there, right? It's also similar to some of parts of Middle East. I'm from Iran, I lived there 11 years. This is my question for you. How do you?

• 1:04:14Patrick Bet-David?

  How do you manage the animosities while still moving forward? Go ahead and tell the guy, I know those guys killed your dad and your mom and they raped your sister. But guess what? You gotta move on. How do you?

• 1:04:27Speaker 04

  South Africa.

• 1:04:28Patrick Bet-David?

  Yeah.

• 1:04:29Speaker 04

  Another first.

• 1:04:31Speaker 04

  In nineteen ninety four.

• 1:04:32Patrick Bet-David?

  Yeah.

• 1:04:33Speaker 04

  South Africa created the Truth and Reconciliation Committee.

• 1:04:38Speaker 04

  And the Truth and Reconciliation Committee was created that if you were, if you did something under apartheid.

• 1:04:47Patrick Bet-David?

  Mm hmm.

• 1:04:48Speaker 04

  If you were a police officer that killed someone in prison, or you beat someone to death on a farm, you had one opportunity to tell the truth in court, in front of the families, and admit to what you did, and you would be forgiven. But you had to tell the truth, and all the truth. And it was the only way to lift the bloodletting that had taken place, and the horror and the anger. And in many cases, people reconciled, and they hugged the families, and they were forgiven.

• 1:05:15Patrick Bet-David?

  And who came, is this what Mandela came up with?

• 1:05:18Speaker 04

  Well, it was a combination of Mandela and De Klerk. It was a unity, rainbow coalition government. In Rwanda, in nineteen ninety four, same year, for three months, the two tribes, created by the Belgians, by the way, these are non-existing tribes, Hutus and Tutsis. Basically, Hutus killed Tutsis ten thousand people a day, while the United Nations did nothing.

• 1:05:45Speaker 04

  President Paul Kagame, who's president today, a Rwandan, invaded his own country from Uganda,

• 1:05:54Speaker 04

  stopped the bloodshed, took over the control of the country, and he's still president today. He got everybody in the same way. Every village and every town got together, and a murderer had to admit to the family that he murdered your brother and your sister and your cousin. And for a year, for a year, they had to wear a pink overall and do jobs like cleaning and building and things like that. One year, you, as a killer, who admitted your crimes, would be forgiven. You spend a year in a pink.

• 1:06:25Patrick Bet-David?

  Is that, is that to allow the other family to see that there's a little bit of retaliation and a price being paid?

• 1:06:30Speaker 04

  Right. And how do you prosecute fifty percent of the country? You're finished. You have to find a way to move on. South Africa did, Rwanda did. It's terrible. But still today, still today, there are people in South Africa that could said, "You benefited under apartheid." You, there's still a lot of underlying...

• 1:06:49Patrick Bet-David?

  Oh, for sure. I'm looking at this right now. Testimonies, over 21,000 victims provided statements with approximately 2,000 hearings and public hearings, amnesty applications. Out of 7,111 applications, 849 were granted amnesty. Final report, the TRC released its comprehensive report in 1998 with supplementary volumes in 03 on what happened. That is, that is big, very big.

• 1:07:16Speaker 04

  I mean, to do that, it's extraordinary.

• 1:07:18Patrick Bet-David?

  That is extraordinary. And I think you need something like that to...

• 1:07:21Speaker 04

  Get over.

• 1:07:21Patrick Bet-David?

  You know, when you have somebody, like two brothers, you know, one of the brothers dates the other, the other's girlfriend, and they don't talk to each other for five years, they want to kill each other. What do you do as a father? You have to come in and try to find a way to bring them together. It's not easy to do, but this is times, this betrayal is even higher than that, to get it out. So now, President Trump, he's in the Middle East, he's doing what he's doing with UAE, you know, Qatar, Saudi, meets with the President of Syria and Saudi, and trying to tell Khamenei, "Hey, let's negotiate." Khamenei says, "Death upon America, I will never trust you," and he's saying what he's saying. He, he is, the second term, the way he's playing the second role, he's trying to be the peacemaker, has a two-hour call with Putin and Ukraine, you know, has these meetings that he's having

• 1:08:06Patrick Bet-David?

  with everybody. You think this approach tomorrow is going to be a public one, where the world's going to be watching? You think cameras are going to be on? Or you think it's going to be a private meeting?

• 1:08:15Speaker 04

  No, public. For sure, public.

• 1:08:18Patrick Bet-David?

  And same way, try to put him in his place.

• 1:08:20Speaker 04

  He's got to.

• 1:08:21Patrick Bet-David?

  And Elon will be there as well, because Elon's tied to South Africa.

• 1:08:24Speaker 04

  Exactly.

• 1:08:25Patrick Bet-David?

  Do you think Elon will be saying anything tomorrow, or it'll be him and Marco Rubio speaking most of the time?

• 1:08:29Speaker 04

  Him and Marco.

• 1:08:30Patrick Bet-David?

  You don't think Musk will say anything?

• 1:08:31Speaker 04

  Not much.

• 1:08:32Patrick Bet-David?

  Why do you think?

• 1:08:33Speaker 04

  I don't think Musk believes South Africa stands a chance. A friend of mine asked him three months ago, in a private moment, "Elon, do you still believe in South Africa? Do you still think there's hope?" And Elon kind of, he gets thoughtful, he goes like, "Think," he said three words, "Demographics don't lie."

• 1:08:54Speaker 04

  Voting population. Democracy is grinding forward in a glacial pace, but our economy won't survive. And with sixty percent youth unemployment, you'd expect civil unrest, wouldn't you? At some point. It's a tinderbox.

• 1:09:09Patrick Bet-David?

  Or an exodus.

• 1:09:11Speaker 04

  Well, Exodus has already happened.

• 1:09:12Patrick Bet-David?

  Yeah, a million.

• 1:09:13Speaker 04

  And I'm a lucky guy. I can be the last chopper out of Saigon. Talk about helicopter pilots.

• 1:09:17Patrick Bet-David?

  Of course, you know.

• 1:09:18Speaker 04

  Where's Anderson?

• 1:09:19Patrick Bet-David?

  Fox.

• 1:09:19Speaker 04

  I've been a helicopter pilot on a movie.

• 1:09:21Patrick Bet-David?

  Yeah.

• 1:09:22Speaker 04

  So I can be the last guy out, but most South Africans, you know, black, white, colored Indian, whatever.

• 1:09:26Patrick Bet-David?

  You're not afraid of going back, living there for two to three years?

• 1:09:29Speaker 04

  I'm never gonna leave.

• 1:09:31Patrick Bet-David?

  You're never gonna leave?

• 1:09:32Speaker 04

  My wife's from New Zealand. And New Zealand, have you watched Lord of the Rings?

• 1:09:35Patrick Bet-David?

  Of course.

• 1:09:36Speaker 04

  So you know the story. So the Lord, New Zealand is the hobbits. They have no neighbors, they have no threats, they have no pollution, they have nothing. It's like, it's the most happy, sensible, boring country on the planet.

• 1:09:51Patrick Bet-David?

  They got the all blacks though.

• 1:09:52Speaker 04

  They got the all blacks, and respect.

• 1:09:54Patrick Bet-David?

  Respect, yeah.

• 1:09:55Speaker 04

  And they're the hobbits. We live in Mordor. We're on the edge of Mordor where we are. I mean, every day is, anything can happen. So.

• 1:10:07Patrick Bet-David?

  But you're not worried about going back, living there for two to three years?

• 1:10:09Speaker 04

  So my wife said to me, four years ago, my New Zealand wife, we'd only been back two years. And she was reading something and she looked at me and she said, can I swear?

• 1:10:19Patrick Bet-David?

  Sure.

• 1:10:20Speaker 04

  She said, I fucking love this place.

• 1:10:22Patrick Bet-David?

  Wow.

• 1:10:22Speaker 04

  It's worth fighting for.

• 1:10:23Patrick Bet-David?

  Get out of here.

• 1:10:24Speaker 04

  And I said, okay, then I will.

• 1:10:26Patrick Bet-David?

  Why does she love the place?

• 1:10:28Speaker 04

  South Africa, you gotta come. It is magical. It's got all the madness, all the craziest, stupidest, worst things on the planet. And it's got the most beautiful, magical, it's the most incredible country. I can't get it out of my skin. And all the million South Africans that have left, badmouth South Africa, because it's the only way they can justify leaving. Everybody misses that country. It is just magical.

• 1:10:54Patrick Bet-David?

  Did you hear about Cyril calling the people that left cowards?

• 1:10:57Speaker 04

  Oh no, he's the coward. How dare he?

• 1:11:00Patrick Bet-David?

  Well, he, uh, he called everybody that left a coward.

• 1:11:04Speaker 04

  He is disgusting and a disgrace for doing that.

• 1:11:08Patrick Bet-David?

  You didn't see this clip?

• 1:11:08Speaker 04

  I did. It made me so angry.

• 1:11:11Patrick Bet-David?

  Rob, can you pull up that clip where he's calling anybody that left the country a coward?

• 1:11:16Speaker 04

  He's the coward because he does nothing about South African suffering.

• 1:11:24Speaker 04

  Go back to that meme. Go that meme. Cowardice, parlor, parlor, corruption, economy. Parlor, parlor. Cyril Ramaphosa was found with millions of dollars hidden in his sofa. And it's unaccounted for. I would not be surprised if that came from Iran. This, our president, corruption, poverty.

• 1:11:44Patrick Bet-David?

  Yeah, he called everybody.

• 1:11:44Speaker 04

  He's the coward.

• 1:11:46Patrick Bet-David?

  Rob, can you see if it's the clip I sent you? There's a clip of him calling South Africans who leave the country.

• 1:11:51Speaker 04

  I believe this is it.

• 1:11:52Patrick Bet-David?

  He did. Rest is it? Can I see it?

• 1:11:53Speaker 04

  At the Nampo agricultural.

• 1:11:56Speaker 06

  You're a coward. And that's a real cowardly act.

• 1:11:59Speaker 04

  You want to be me angry? This gets me angry. He's the coward.

• 1:12:03Patrick Bet-David?

  Why is he the coward?

• 1:12:05Speaker 04

  He doesn't solve any of the problems in South Africa that are easy to fix. He lets the farmers hang out to dry, get murdered, get raped, get tortured. He lets our economy fall apart. He lets 60% unemployment take place. He doesn't face up to what's going on and he doesn't deal with the issues. He's the coward. And if people are being persecuted or have no economic opportunity, how can you call them cowards for going to another country to try and improve their lives?

• 1:12:31Patrick Bet-David?

  Okay, so.

• 1:12:33Speaker 04

  Getting real feisty here.

• 1:12:34Patrick Bet-David?

  Are you familiar with Thomas Sowell?

• 1:12:36Speaker 04

  Yes.

• 1:12:36Patrick Bet-David?

  Okay.

• 1:12:36Speaker 04

  Extraordinary man.

• 1:12:37Patrick Bet-David?

  Extraordinary man.

• 1:12:38Speaker 04

  Libertarian.

• 1:12:38Patrick Bet-David?

  Libertarian, yeah. He was good friends with Milton Friedman, that whole era.

• 1:12:42Speaker 04

  I'd love to meet him.

• 1:12:43Patrick Bet-David?

  I'd love to meet him as well. Trust me, I'd love to meet him as well. He is somebody that's a brilliant mind. I think he's in his mid 90s and he's still sharp as hell. He said, talk about South Africa in one of his books. And he said, is South Africa a management problem or a geography problem? Can you pull up South Africa map?

• 1:13:03Speaker 04

  Great question.

• 1:13:04Patrick Bet-David?

  Is, is South Africa, does South Africa has a, have a geography problem? Or a management problem? Because zoom out a little bit so we can see where South Africa is. Keep zooming out, zooming out, zooming out, zoom out, zoom out, okay. Obviously, you've got nothing south.

• 1:13:20Speaker 04

  You know, airplanes fly down and then they turn around and fly back. It's like New Zealand.

• 1:13:24Patrick Bet-David?

  Yeah. So, I mean, that, that location right there is, just looking at that. You, you are a long ways from everybody. Okay? It's like living in a cul-de-sac, which in a way could be good.

• 1:13:38Speaker 04

  That's my home.

• 1:13:39Patrick Bet-David?

  Yeah, I understand that. Well, what do you, what do you think the problem is? You think Thomas Sowell is right? Because Thomas Sowell is saying that, you know, you may have a location problem. You may have a geography problem. What do you think?

• 1:13:49Speaker 04

  Look. It's fixable. This economy, I could, you give me a hundred days as a benevolent dictator, I can turn this country.

• 1:13:58Patrick Bet-David?

  As a benevolent dictator?

• 1:13:59Speaker 04

  Well, you've got to do it, because you've got to make some tough decisions.

• 1:14:02Patrick Bet-David?

  What would be the tough decisions you'd make?

• 1:14:03Speaker 04

  I'd privatize all the state-owned enterprises. Okay? Sell them off. Because they are just a feeding trough for corruption.

• 1:14:11Patrick Bet-David?

  Mm-hmm.

• 1:14:12Speaker 04

  I would deregulate, I'd bring in a Doge as quickly as possible. We have thirty-two ministers in the cabinet. Thirty-two! Norway has eighteen. Argentina has nine. We have a Ministry for Women. What does that person do? I mean, it's ridiculous. And all the ministers have a deputy minister. There are thirty-four deputy ministers. So we have seventy-six ministers that all have blue light brigades, security, flying business in first class. The waste is, we have one point four million state employees. The waste is off the charts. It's fixable. You just cut the cost, halve, hive off divisions like any turnaround situation in a business that you've had to deal with. You know?

• 1:14:55Speaker 04

  Go to the debt holders and say, you're not paying interest for three years. Go to the equity holders and say, you've got five cents on the dollar, pal. Take it or leave it. You cut out management, you cut costs, you hive off divisions that aren't working. You can only do that if you're a benevolent dictator. And you do it quickly. You close the borders, you kick out illegal foreigners. You do what Trump's done. But we're in a much more tragic situation.

• 1:15:18Patrick Bet-David?

  You have any plans of running? You have any plans of doing a politician?

• 1:15:21Speaker 04

  No.

• 1:15:22Patrick Bet-David?

  No plans of running?

• 1:15:23Speaker 04

  I'm sixty-five this year.

• 1:15:24Patrick Bet-David?

  The president's seventy-nine years old, the previous guy, he forms eighty-two years old.

• 1:15:29Speaker 04

  Patrick, don't do this to me.

• 1:15:30Patrick Bet-David?

  No, but do you have any interest, like, if the opportunity arose, would you entertain it?

• 1:15:33Speaker 04

  No. Here's the problem. Have, do you have, um, adult ADHD?

• 1:15:39Patrick Bet-David?

  As an individual?

• 1:15:41Speaker 04

  I do.

• 1:15:41Patrick Bet-David?

  I have a lot of issues.

• 1:15:42Speaker 04

  I have a lot of issues too.

• 1:15:44Patrick Bet-David?

  Maybe one of them, yes.

• 1:15:45Speaker 04

  But one of them is I can't sit still for half an hour.

• 1:15:47Patrick Bet-David?

  Okay.

• 1:15:47Speaker 04

  In a meeting with people who haven't done their homework.

• 1:15:49Patrick Bet-David?

  Got it.

• 1:15:50Speaker 04

  Where I know what they're going to say, and I finish their sentences. Can you imagine being in a cabinet with half of the people are stupid, haven't done their homework, some still believe in communism?

• 1:15:59Patrick Bet-David?

  What do you think Trump is doing?

• 1:16:00Speaker 04

  Yeah, but he's got very good people around him. And look at Marco Rubio.

• 1:16:04Patrick Bet-David?

  You can't find good people? You're saying South Africa, this magical place doesn't have good people?

• 1:16:09Speaker 04

  No, it has.

• 1:16:10Patrick Bet-David?

  So let's find them.

• 1:16:11Speaker 04

  I know, but I'd have to replace the whole cabinet. You'd have to give me complete power to get it fixed.

• 1:16:16Patrick Bet-David?

  What did Trump do? He did it as well, right?

• 1:16:17Speaker 04

  I know, but he can.

• 1:16:19Patrick Bet-David?

  You can't?

• 1:16:20Speaker 04

  We'd have to change the system.

• 1:16:23Speaker 04

  No, the answer's no. I'm happy doing what I'm doing.

• 1:16:28Patrick Bet-David?

  Don't forget what Katie said to you.

• 1:16:30Speaker 04

  She doesn't want me in politics.

• 1:16:31Patrick Bet-David?

  Katie said, "I love this place."

• 1:16:33Speaker 04

  True.

• 1:16:34Patrick Bet-David?

  All right. So maybe do it for her.

• 1:16:35Speaker 04

  Hey.

• 1:16:37Patrick Bet-David?

  Katie, come on, Katie.

• 1:16:38Speaker 04

  So, does it have a geography problem? It does.

• 1:16:41Patrick Bet-David?

  I mean, if you keep going south, you're screwed.

• 1:16:43Speaker 04

  Well, I went to the Antarctic for dinner in December.

• 1:16:45Patrick Bet-David?

  Are you being sarcastic?

• 1:16:46Speaker 04

  No, we flew down.

• 1:16:48Patrick Bet-David?

  What was it like?

• 1:16:49Speaker 04

  Unbelievable. Six-hour flight from Cape Town.

• 1:16:51Patrick Bet-David?

  Was everything you ate frozen? Like, is it just frozen food?

• 1:16:55Speaker 04

  No, they had a six-star meal for us. We slept in cabins, very comfortable, and had six-star meal. I recommend it.

• 1:17:03Patrick Bet-David?

  Really?

• 1:17:03Speaker 04

  But one night, six-hour flight.

• 1:17:05Patrick Bet-David?

  Were you swimming outside in the pool?

• 1:17:06Speaker 04

  No, no.

• 1:17:07Patrick Bet-David?

  Were you tanning, like laying out, getting some sun?

• 1:17:09Speaker 04

  But it was sun the whole, you know, sun 24 hours, yeah.

• 1:17:12Patrick Bet-David?

  How long did you guys stay?

• 1:17:13Speaker 04

  We flew in midday and flew out the next morning.

• 1:17:17Patrick Bet-David?

  How bad was turbulence?

• 1:17:18Speaker 04

  None.

• 1:17:19Patrick Bet-David?

  Seriously?

• 1:17:19Speaker 04

  And we landed what's called deep field. So we didn't land on the edge where all the penguins are. We went deep field.

• 1:17:25Patrick Bet-David?

  How many people live there?

• 1:17:27Speaker 04

  There are, I can give you the stats.

• 1:17:29Patrick Bet-David?

  Like 4,500?

• 1:17:31Speaker 04

  No, the American base alone, which is McMurdo, which you get to from Australia, New Zealand, that has about 4,000 people 20, 12 months a year. That's the biggest base in the Antarctic. I think 12 countries, you can check the stats, Rob. Here we go, McMurdo. I think that 12 countries are part of the Antarctic Association.

• 1:17:53Patrick Bet-David?

  The station is the largest community in Antarctica capable of supporting up to 1,500 residents.

• 1:17:58Speaker 04

  So I'm getting some of my stats right.

• 1:18:01Speaker 04

  But there are three places to visit Antarctica. The one is from McMurdo, which is very difficult to get to. The other's from Cape Town, and I think there are 500 visitors a year. And then the other one's from South America, and I think there are 250,000 visitors that go in cruise ships. So we went deep field. It was unbelievable.

• 1:18:24Speaker 04

  But it's like a white desert. Everywhere you look, there are no features. It's just white.

• 1:18:28Patrick Bet-David?

  Do you have any opinions on Antarctica or no? A lot of people have been interested in that market.

• 1:18:32Speaker 04

  Twenty-four hours was about right.

• 1:18:34Patrick Bet-David?

  Okay, so that's what I figured you were gonna say. Twenty-four hours is about right. Uh, did your, your family, did you guys, uh?

• 1:18:41Speaker 04

  I took our kids, little kids, ten and thirteen years old.

• 1:18:44Patrick Bet-David?

  What did they say?

• 1:18:45Speaker 04

  They said, are we the first ten and thirteen year olds ever to be in Antarctica? We found out some kids had actually been born there, been born there.

• 1:18:51Patrick Bet-David?

  Was it freezing cold?

• 1:18:52Speaker 04

  No.

• 1:18:53Patrick Bet-David?

  Okay, alright. Uh, growing up, uh, uh, South Africa, you hear things about Errol Musk and mines and all that stuff. Was he famous? Was, uh, did, did your family have a relationship with him or no?

• 1:19:05Speaker 04

  No, but Elon Musk's dad, Errol Musk, worked at our mining business.

• 1:19:12Patrick Bet-David?

  Get out of here.

• 1:19:12Speaker 04

  I only found that out four months ago when I met Errol Musk. He said, I worked for your father's mining business, yeah.

• 1:19:20Patrick Bet-David?

  But you didn't know him? You, you just?

• 1:19:21Speaker 04

  I only met him four months ago.

• 1:19:23Patrick Bet-David?

  Got it.

• 1:19:23Speaker 04

  Errol, his dad.

• 1:19:24Patrick Bet-David?

  And what was that like?

• 1:19:26Speaker 04

  How old was?

• 1:19:27Patrick Bet-David?

  What was that like?

• 1:19:28Speaker 04

  Living growing up in South Africa?

• 1:19:29Patrick Bet-David?

  No, what was he like?

• 1:19:30Speaker 04

  Errol's, he's, he's got a crazy angle to him. He'll say stuff you and I would never dare to say, never dare to say. And he really tells it like it is. He's a bit of a loose cannon when it comes to opinions.

• 1:19:44Patrick Bet-David?

  Yeah, he's a, you know.

• 1:19:46Speaker 04

  He's a nice guy, he's a fun guy, he's not stupid, he's a smart guy, but he's, he'll shoot from the hip.

• 1:19:51Patrick Bet-David?

  Yeah, well, I mean, the, the, maybe the trolling gene comes from pops. Cause, cause Musk knows how to troll like no other.

• 1:20:00Speaker 04

  It's amazing how he thinks, you know.

• 1:20:02Patrick Bet-David?

  Elon or Errol?

• 1:20:03Speaker 04

  Well, Trump weaves, he'll start here, and you, and then he'll go completely off pissed. And I'll go, oh no, he's got to answer the question, please. And he winds his way back and answers the question. Elon goes deep thinking.

• 1:20:16Patrick Bet-David?

  He's gifted.

• 1:20:17Speaker 04

  Yeah.

• 1:20:18Patrick Bet-David?

  He's gifted. So I got a couple of other questions for you before we wrap up here. So what could you say about, is this the one?

• 1:20:27Speaker 04

  There he is.

• 1:20:28Patrick Bet-David?

  Yeah, he's the one. But what can you say about this? Rob, can you play this clip? So the EFF leader in South Africa.

• 1:20:37Speaker 04

  Let's talk about that.

• 1:20:38Patrick Bet-David?

  Yeah, can you tell me a little bit more about him? So here's a clip, Rob, if you can play this. So before we played, what can you tell us about him?

• 1:20:45Speaker 04

  Julius Malama is a dangerous, very dangerous populist. I hope you're gonna show the clip where he has 100,000 people in a stadium jumping up and down saying, "Kill the boar and we need to cut the throat of whiteness." These are the things he is saying publicly. Here we go.

• 1:21:15Patrick Bet-David?

  What's he saying?

• 1:21:18Speaker 04

  Shoot to kill.

• 1:21:21Patrick Bet-David?

  Kill the boar, kill the farmer.

• 1:21:34Patrick Bet-David?

  Nice country.

• 1:21:37Speaker 04

  And you think white people aren't feeling persecuted? When a man like this with 100,000 people in a stadium says, "Kill the boar, one farmer, one bullet, we must slit, we will slit the throat of whiteness." Not yet. He says these things publicly.

• 1:21:55Patrick Bet-David?

  He's got 4.4 million followers on Twitter.

• 1:21:57Speaker 04

  And he was taken to the hate speech court and it was turned down. Turned down.

• 1:22:06Speaker 04

  So that's EFF, the Economic Freedom Fighters. Nothing about economic or freedom in that lot. But the next party is Jacob Zuma's party called MK, Kunte Wesewe, the spear of the nation.

• 1:22:20Patrick Bet-David?

  I want to see this clip here.

• 1:22:23Patrick Bet-David?

  I don't know what's going to happen in the future. I'm saying to you, we've not called for the killing of white people, at least for now. I can't guarantee the future.

• 1:22:32Speaker 07

  Yeah, but I mean, you'd understand, somebody watching that, especially as it gets shared on Twitter, they freak out. It sounds like a genocide.

• 1:22:39Patrick Bet-David?

  Ah, crybabies. Crybabies.

• 1:22:42Speaker 07

  I'm not calling for the slaughter of white people, at least for now.

• 1:22:46Patrick Bet-David?

  I can't give you a guarantee of the future, especially when things are going the way they are.

• 1:22:50Speaker 07

  Subtext.

• 1:22:51Patrick Bet-David?

  Especially if things are going the way they are, there will be a revolution in this country, I can tell you now. I don't know what's going to happen.

• 1:23:00Speaker 04

  How influential is he? He will never get more than 10% of the vote, because the vast majority of South Africans, 88% of South Africans, are Christians, are conservative, are very moved slowly, are deserting the ANC, but it's taking time, because this was the liberation group. But they're moving, the voters are not stupid. They know he's dangerous, they know he's a threat to the economy, they don't want him in. But he's still got up to 10% of the vote.

• 1:23:32Patrick Bet-David?

  10% is a lot.

• 1:23:34Speaker 04

  A lot.

• 1:23:34Patrick Bet-David?

  I mean, Bobby Kennedy only had 7%, you know, 7.2%, I don't know what the number was, but 10% is a big influence.

• 1:23:41Speaker 04

  And listen to what he's saying.

• 1:23:42Patrick Bet-David?

  Yeah, not for now, I don't know in the future, but I can promise you for now.

• 1:23:45Speaker 04

  But have a quick look at this political party, MK, just put in MK and Zuma. They've got 15%, and this is Zuma, who destroyed the country, and now he wants to be president again, these guys.

• 1:24:01Speaker 04

  They're much more of a threat, this is much more of a threat to, and you asked me a question. Is Cyril brave enough to accept the terms, three terms that Trump should ask of him? The answer is, this is what he fears.

• 1:24:16Speaker 04

  And our new G N U coalition party that was pulled together with the A N C Democratic Alliance and the others has about sixty percent of the vote. Their main priority is to keep Zuma out. And it seems to be their only priority because they're not talking about economic growth, safety and security, service delivery. They are trying to keep him out.

• 1:24:38Patrick Bet-David?

  How is Zuma's relationship with Malama?

• 1:24:40Speaker 04

  They hate each other.

• 1:24:42Patrick Bet-David?

  Oh, they do?

• 1:24:43Speaker 04

  Fortunately.

• 1:24:43Patrick Bet-David?

  How is Zuma's relationship with Cyril?

• 1:24:45Speaker 04

  They hate each other.

• 1:24:46Patrick Bet-David?

  How is Cyril's relationship with Malama?

• 1:24:48Speaker 04

  They hate each other.

• 1:24:49Patrick Bet-David?

  So all three hate each other?

• 1:24:50Speaker 04

  Yes, thank goodness.

• 1:24:51Patrick Bet-David?

  Have they ever been in the same room together?

• 1:24:54Speaker 04

  Oh, yeah. Malama was head of the A N C Youth League. Zuma was head of the A N C. They've each got their own political parties.

• 1:25:03Patrick Bet-David?

  They left. So it became different factions?

• 1:25:05Speaker 04

  Different factions.

• 1:25:06Patrick Bet-David?

  Knew or joined a different group?

• 1:25:09Speaker 04

  No, Julius Malama left fifteen years ago and set up the E F F. Jacob Zuma stepped down as president and then about a year and a half ago founded M K and got fifteen percent of the country. He's the real threat, Zuma. But he's eighty something and he can't live forever.

• 1:26:28Patrick Bet-David?

  He can't live forever. He's eighty something, I'm watching him, so Trevor Noah, not a fan of Zuma, and he's gone after him. And what, yeah, I'm looking at a bunch of his clips here.

• 1:26:42Speaker 04

  So Jacob Zuma allowed everybody else to steal under his watch.

• 1:26:47Patrick Bet-David?

  Yeah.

• 1:26:48Speaker 04

  This time round, if he gets into power, he will take the expropriation without compensation law and he will implement it on day one.

• 1:26:58Speaker 04

  He's made it very clear. And so Cyril Ramaphosa is scared of Zuma and scared of Malama. But is he scared enough to go back to his party and say, "We need to change, we need to be more pro-West, we need to not be anti-Semitic, not be anti-American, we need to cut costs, we need to focus on free markets." Does he have that courage? I don't think he does.

• 1:27:31Patrick Bet-David?

  Well, we're about to find out on what's gonna happen with that. And in, in, in, uh, South Africa, who is the most influential person right now that's non-political? Is that the person that's gonna be joining him, the businessman you were talking about?

• 1:27:46Speaker 04

  No.

• 1:27:46Patrick Bet-David?

  The CEO, one of the head of companies?

• 1:27:47Speaker 04

  No. He says nothing.

• 1:27:51Speaker 04

  Very few South African corporates stand up and say anything. I am the only South African businessman.

• 1:27:58Speaker 04

  You can even type in prominent South African businessmen standing against the ANC, and no one will come up. I'm the only guy.

• 1:28:05Patrick Bet-David?

  Bob Andrade.

• 1:28:06Speaker 04

  I've had more death threats than any non-politician in South Africa.

• 1:28:10Patrick Bet-David?

  Bob Andrade, does he say anything?

• 1:28:12Speaker 04

  Who's he?

• 1:28:13Patrick Bet-David?

  He's the guy that runs, uh, Naspers. Do you know Alan?

• 1:28:16Speaker 04

  No, no, he's a Dutchman, he lives in Amsterdam, he's not even South African.

• 1:28:19Patrick Bet-David?

  Do you know Alan Pollinger?

• 1:28:21Speaker 04

  He did. Alan Pollinger did, Michel Leroux did, Gareth Ackerman and Neil Froneman. Four names, can't even get to a fifth.

• 1:28:30Patrick Bet-David?

  Who have said things?

• 1:28:31Speaker 04

  Who've stood up and talked. Alan Pollinger's resigned.

• 1:28:33Patrick Bet-David?

  How influential is Alan Pollinger?

• 1:28:35Speaker 04

  Great guy, but not anymore. He was running a bank.

• 1:28:38Patrick Bet-David?

  Who is the biggest in, who are the most, biggest influencers in South Africa that still live there? Right here.

• 1:28:46Speaker 04

  That's it. I'm here.

• 1:28:50Speaker 04

  There's a man called Ernst Roots, who appeared on Tucker's show and Ben Shapiro's show. He's an Afrikaner. There are people from civic society. There are people from media. There are people from law, who have been journalists, who have been very, very, very brave.

• 1:29:07Speaker 04

  But when it comes to the business community, the business community are the cowards, colludes, or captured. Three Cs.

• 1:29:17Patrick Bet-David?

  Cowards, colludes, or captured.

• 1:29:19Speaker 04

  Or they've been captured by the state.

• 1:29:21Patrick Bet-David?

  You feel safe in South Africa, having the positions that you get?

• 1:29:26Speaker 04

  Yes. I do. Well, maybe it's a form of... You know, my father said to me when I began accidentally... I made a speech and it went viral. And I was thrown into this maelstrom of political activism, or capitalist activism. And I would have given up early on. I got attacked, I got cut off. People wouldn't take my calls, I was threatened. If my wife and father hadn't said the same thing to me, I would have given up. And they said, my father said, "Rob, I've never been more proud of you for doing and saying what other people can't afford to do and say." And you know, there's a poem called "The Man in the Glass", and it's about you can fool everyone

• 1:30:10Speaker 04

  but the man in the glass, yourself. And everything in life for me has come, I felt, easy. Born wealthy, had every opportunity, went to Harvard Business School, got the jobs I wanted, worked for Rupert Murdoch. You know, just things came... I mean, I made an effort, but they came easy. This is the first time in my life, I'm doing something I don't need to do, at great financial cost, at great personal risk, when my wife and kids are worried, are scared. My friends are scared. But I feel I'm doing something because I have a calling and a duty on behalf of other South Africans. And I do love my country.

• 1:30:51Patrick Bet-David?

  I respect it. You said your grand, your father's ninety-five, ninety-nine?

• 1:30:58Speaker 04

  Ninety-nine.

• 1:30:59Patrick Bet-David?

  Ninety-nine. When does he turn a hundred?

• 1:31:02Speaker 04

  August next year, twenty twenty-six.

• 1:31:06Patrick Bet-David?

  He turns a hundred next year? Got it.

• 1:31:09Speaker 04

  Do you know he's caught the last fourteen months of the Second World War, South African Air Force pilot? And somebody said, he must be one of the last remaining South African Air Force pilots from the Second World War. Does he still have his logbook? I called him, I said, Dad, do you still have your logbook? He said, I have all three of my logbooks. So you can imagine how many hours he's flown.

• 1:31:30Patrick Bet-David?

  Where is his pride at with the country?

• 1:31:34Speaker 04

  He loves South Africa.

• 1:31:38Speaker 04

  He'd never have left. He's

• 1:31:43Speaker 04

  he's concerned.

• 1:31:45Speaker 04

  You know, my two older sons, one lives in America, one lives in London. My sister lives in North Carolina. My brother and sister live in London. Everybody, every South African families, next generation or next two generations have left or are leaving.

• 1:32:00Speaker 04

  Everybody's gone. If we could fix South Africa.

• 1:32:03Patrick Bet-David?

  It's tough to bring people back, though.

• 1:32:05Speaker 04

  If I could give me my hundred days as a benevolent dictator, foreign direct investment would return, and there'd be a reverse diaspora of a hundred to two hundred thousand extraordinary young South Africans who would take South Africa to five percent growth.

• 1:32:19Patrick Bet-David?

  So you are running.

• 1:32:22Patrick Bet-David?

  You just said it now three, four, five times, you are running. Listen, I remember when Vivek came here first time and he's speaking, I'm like, this guy's speaking like he's about to run for office, a month later, I'm now running for office. I'm like, oh shit, okay, well, I had it right, I got a good feeling on him, but

• 1:32:37Patrick Bet-David?

  the beers, selfishly, I did a video one time on the beers diamond. What can you say about them? There's a lot of stuff you hear about, you know, how they're the ones that made it. You know, diamonds are not really as big as they're supposed to do. They control eighty to eighty-five percent of the diamond distribution. And it was concerned that they had a monopoly. What do you guys in South Africa think about them?

• 1:32:58Speaker 04

  So personally, I'm a minimalist.

• 1:33:00Patrick Bet-David?

  Okay.

• 1:33:00Speaker 04

  I only wear blue and white. I don't own any watches anymore.

• 1:33:03Patrick Bet-David?

  Really?

• 1:33:03Speaker 04

  No vases, no jewelry.

• 1:33:04Patrick Bet-David?

  Get out of here.

• 1:33:05Speaker 04

  I don't collect anything. When I proposed to my wife, I was in a German forest, hunting wild boar in a tree with snow. She was next to me. Covered up, pointing out the ball. And I said, will you marry me?

• 1:33:16Patrick Bet-David?

  Get out.

• 1:33:16Speaker 04

  Loaded rifle. She goes, I thought you'd never ask, I'll marry you. But if you ever give me a diamond ring, engagement ring, anything, I'll sell them on eBay. And I said, why would you do that? She said, why should De Beers tell me this shiny stone's worth anything? Why should Hallmark cards tell me tomorrow's Mother's Day? It's marketing. And from that day on, she minimalized me. I can put my life into four suitcases. I only wear blue and white. Have a look at all my videos. I'm minimalist. It's liberating.

• 1:33:47Patrick Bet-David?

  How long you ever been a minimalist?

• 1:33:49Speaker 04

  Since, since two thousand and ten. Got rid of everything.

• 1:33:54Patrick Bet-David?

  And that's when you guys started dating?

• 1:33:56Speaker 04

  No, we've been dating for a thousand years.

• 1:33:59Patrick Bet-David?

  You've been dating for a thousand years?

• 1:34:01Speaker 04

  She's my soulmate. It's the rarest thing in the world.

• 1:34:03Patrick Bet-David?

  Thousand years is a long time. You look pretty good as a thousand year old.

• 1:34:06Speaker 04

  It's real hair. So, so that's, how did we get on to minimalism?

• 1:34:11Patrick Bet-David?

  No, you said diamonds. When she said to you, if you ever give me a diamond, I'm gonna sell it on eBay.

• 1:34:15Speaker 04

  De Beers, a genius monopoly and a complete farce. What is a diamond? It's a shiny stone. It's worthless.

• 1:34:23Patrick Bet-David?

  So it's from South Africa and you think it's a fraud, what they did to diamonds?

• 1:34:26Speaker 04

  Well, it's genius. It's not a fraud. It's complete genius to make up.

• 1:34:30Patrick Bet-David?

  They hang on to it, so it makes it seem like it's worth more.

• 1:34:33Speaker 04

  Shiny stone. Are we insane as humans? We prize a shiny stone. It's insane. I'd rather have Bitcoin.

• 1:34:41Patrick Bet-David?

  Rather have Bitcoin than that.

• 1:34:41Speaker 04

  And lots of them.

• 1:34:43Patrick Bet-David?

  Really?

• 1:34:43Speaker 04

  So, you can also make diamonds in labs now. De Beers is sitting on a mountain of unsold diamonds. It's the best short in the world.

• 1:34:54Patrick Bet-David?

  It's the best short in the world.

• 1:34:56Speaker 04

  Oh, in addition to Cadbury's, McDonald's, because of Ozempic. Everyone's gonna be slim. Everyone's gonna be slim. So why would you ever buy Cadbury's, Roundtree's, Burger King? And why would you ever buy diamonds? Because they can be made in factories. Get out of those.

• 1:35:14Speaker 04

  And this is financial advice.

• 1:35:16Patrick Bet-David?

  Short diamonds.

• 1:35:16Speaker 04

  This is financial advice.

• 1:35:17Patrick Bet-David?

  That's the quote, Rob. Short diamonds.

• 1:35:19Speaker 04

  Yeah. Short Cartier, short all of those things. I mean, I'm a minimalist.

• 1:35:22Patrick Bet-David?

  What do you drive?

• 1:35:24Speaker 04

  So you would ask me that, wouldn't you? I drive an FJ Cruiser. Toyota FJ Cruiser, completely pimped. I've got the big tires, I've got a rap, I've got everything. It's the only kind of position I enjoy.

• 1:35:37Patrick Bet-David?

  You say you're a minimalist. Maybe, maybe I got this wrong. Do you, don't you have a 30 million dollar property like in Dubai or something? Like a vacation property or no?

• 1:35:44Speaker 04

  Okay, so we like three things.

• 1:35:50Speaker 04

  You didn't ask me. So here it goes, ready? We like, Katie and I like three things. Big houses.

• 1:35:57Patrick Bet-David?

  Okay.

• 1:35:58Speaker 04

  Lots of money in the bank.

• 1:35:59Patrick Bet-David?

  Yeah.

• 1:35:59Speaker 04

  And great experiences.

• 1:36:01Patrick Bet-David?

  Cool.

• 1:36:01Speaker 04

  We like, we like memories for the rocking chair. So any fun, crazy thing we do, it's like.

• 1:36:07Patrick Bet-David?

  I, I'm not cheap when it comes down to experiences. That's the one thing.

• 1:36:10Speaker 04

  Wouldn't you rather go walk hiking with the gorillas or go to Antarctica for dinner? It's much more fun than.

• 1:36:16Patrick Bet-David?

  You say hiking with gorillas?

• 1:36:17Speaker 04

  Some shiny damn watch.

• 1:36:19Patrick Bet-David?

  Yeah, well, listen, I think this podcast is gonna put the beers out of business. So all those, we're gonna have millions of people shorting diamonds. It's, it's begun.

• 1:36:28Speaker 04

  The Big Short, come on, baby. It ain't Drill Baby Drill.

• 1:36:31Patrick Bet-David?

  Did you watch the movie The Big Short? What a great movie. You know who's the one guy I've been wanting to interview and he never does interviews? Who?

• 1:36:37Speaker 04

  Michael.

• 1:36:38Patrick Bet-David?

  Michael Burry. Doesn't do interviews. Do you know him?

• 1:36:40Speaker 04

  No, I would love to interview him too.

• 1:36:42Patrick Bet-David?

  Yeah, well, listen, Michael Burry.

• 1:36:44Speaker 04

  Patrick, can I thank you for everything you're doing?

• 1:36:46Patrick Bet-David?

  Oh, no, thank you.

• 1:36:47Speaker 04

  I mean, you've got a hell of a business here. I love the fact you're sitting on an airport and I've always wanted to meet you and here I've met you in your own show. What a treat.

• 1:36:56Patrick Bet-David?

  Yeah, this has been a fascinating conversation and the audience needs to know this. You showed up an hour before, fully prepared, you entertained Adam or Adam entertained you.

• 1:37:07Speaker 04

  Can I do a shout out for Sauce?

• 1:37:08Patrick Bet-David?

  Yeah, dude, go ahead.

• 1:37:09Speaker 04

  And I gotta say something.

• 1:37:10Patrick Bet-David?

  Oh my goodness. We're never gonna hear the end of it. He's gonna use this to pick up girls.

• 1:37:13Speaker 04

  No, it's better than that.

• 1:37:14Patrick Bet-David?

  Go ahead, let's hear it.

• 1:37:15Speaker 04

  I did a video.

• 1:37:16Patrick Bet-David?

  Yeah.

• 1:37:17Speaker 04

  Of me and Sauce to Katie saying, "Look who I'm with. I'm gonna meet Patrick and now meet Sauce." You know the message she sent back? He hasn't heard this? He's hot.

• 1:37:29Speaker 04

  Stop it, Kate.

• 1:37:29Patrick Bet-David?

  She said he's hot.

• 1:37:31Speaker 04

  I'm keeping those two apart.

• 1:37:33Patrick Bet-David?

  Tell Kate, tell Kate, Adam is the biggest MAGA guy you'll meet in your life. Okay, this guy went from telling me four years ago I would never vote for Trump to now saying, you know, he should go be his campaign man. He should be his, what do you call it, Rob? The press secretary? Is that what it is? Like, Adam should be doing that. He would do a very good job. And anyways, brother, this has been great. Appreciate you for coming on. I really enjoy talking to you. I'll look forward to it.

• 1:37:56Speaker 04

  Come visit me in South Africa.

• 1:37:57Patrick Bet-David?

  When you run for office, I will definitely do a part two when you do that. Take care, everybody. Bye bye, bye bye.

• 1:38:03Patrick Bet-David?

  Nowadays, more than ever, the brand you wear reflects and represents who you are. So for us, if you wear a Future Looks Bright hat or a ValueTainment gear, you're telling the world, I'm optimistic, I'm excited about what's going to be happening. But you're a free thinker, you question things, you like debate. And by the way, last year, 120,000 people got a piece of Future Looks Bright gear with ValueTainment. We have so many new things. The cuff links are here. New Future Looks Bright. This is my favorite, the green one. Just yesterday, somebody placed an order for 100 of these. If you watch the PBD Podcast, you got a bunch to choose from. White ones, black ones. If you, if you, if you smoke cigars and you come to our cigar lounge,

• 1:38:46Patrick Bet-David?

  we have this high-quality lighter cutter and a holder for the cigars. We got sweaters with the ValueTainment logo on it. We got mugs. We got a bunch of different things. But if you believe the future looks bright, if you follow our content and what we represent with ValueTainment, with PBD Podcast, go to VTmerch.com. And by the way, if you order right now, there's going to be a special VT gift inside just for you. So again, go to VTmerch.com, place your order, tell the world that you believe the future looks bright.

• 1:39:24Speaker 01

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• 1:39:29Speaker 02

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• 1:39:32Speaker 01

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• 1:39:36Speaker 03

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• 1:39:42Speaker 03

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• 1:39:44Speaker 02

  Sorry, is he talking to me or...

• 1:39:47Speaker 03

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• 1:39:49Speaker 01

  From our tradition to yours, StoneFire.

• 1:39:52Speaker 02

  Together we non.

• 1:39:55Speaker 06

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