Putin's Latest Pledge Is Scarier Than You Think!

Key Takeaway

Turn anxiety about geopolitics, markets, and AI into a personal resilience plan today: reduce expensive debt, protect an emergency buffer, and spend 30 focused minutes using AI to improve a real skill or work output rather than outsourcing your thinking. The episode’s recurring point is that leverage is fragile—whether in global alliances, financial markets, or personal habits. Build capability, liquidity, and judgment before external conditions force the issue.

Episode Overview

Tom Bilyeu and panelists discuss the perceived escalation risk created by ties among Russia, China, and Iran, and debate the role of the United States and Israel in the conflict with Iran. The conversation then shifts to Japan’s bond-market stress, the yen carry trade, U.S. debt, and the argument that AI-enabled productivity and economic growth are essential to navigating mounting financial pressure. It closes with discussions of AI adoption, immigration, and personal resilience.

Full Transcript

Transcript of Putin's Latest Pledge Is Scarier Than You Think! from Impact Theory. Auto-generated from episode audio; may contain minor errors.

One. Good morning everyone. Welcome to next episode live broadcast of the "Show "Tom Billew." Oh, friend, are beginning to emerge strange things, but first than we did before Let's get there, everyone. today is the day Drew's birth. Let's go, everyone. Here it is. Come on, 54. Who would Did you believe? We must continue this do. Just like a reminder to everyone who alive, but whatever you do repeated, people believe. Boy, this worrying, but not less true. Speaking about things that are very anxious, loving Russia triangle- China-Iran becomes more dangerous than people are aware.

We we are going to go into detail to consider this and that, how can this be expand. And this will matter, because we returned to diplomacy in Iran, based on bombs, because both parties again shooting at each other , and no way out this situation is not visible. What is it will mean, we we are going to figure it out. Scott Bessent wants to the world believed that the Iranian regime already dead, but the situation with the bond market The USA is worse than the people think.

So, he is waging two wars simultaneously, three, if take Japan into account. What is happening in the bond market USA, absolutely wild, and this will make the situation worse than, in my opinion opinion, people are starting imagine. And in addition before that, if you, guys, pay attention attention to local news, they knew that real chaos started when the woman started with a knife to cut people at the Times -square, and the ending this story was crazy. And all this was filmed. We are now Let's see.

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who just keeps going to help and to incite him. Now imagine that you you start to get angry at the person who is helps. In which the moment you please contact directly to this person and you start to resist her? IN What is your moment? ability to fight with the pest makes you do this? So remember this, when we investigate, what's happening, so What is Vladimir doing now? Putin gives big promises to the Iranian to the president regarding supply to Iran goods needed to continue fighting in this war.

Putin said that admires the stability of the Iranian government. And if you want to know how regional wars grow into something more, then all It starts like this, when people start create military unions during active conflicts. If you know that happened during World War II war, remember that The USA was not there at all involved. Europe, obviously, completely involved in what's out there is happening. Japan does his/her thing imperialist the case in China, but The US is quite calm. USA, Europe, all of them sell oil Japan.

But as soon as you reach an agreement between Japan and Germany, suddenly The US and Europe say: "Wait a second. This is actually just one big one conflict, okay?" Keep this in mind. It all just one big one conflict. This is how we are ended up in the Second world war. Therefore, What do we end up doing? Sanctions, all of them. We we begin introduce sanctions against Japan and we say, "Hey, hey, Calm down, guys. It's all one now big conflict. We this is not for that, so we are going cut off your access to oil".

This leads to them in a spiral of feelings : “Oh, we are weaker than thought, because we have all that remains is what they thought was "18 months of oil." So Japan says: "We really need use advantage." So what? do they do? They bomb Pearl Harbor Harbor, and now the USA join the Second world war, and this becomes obvious the only global conflict. Therefore, now between Russia and Ukraine is on fire war. Europe, USA and others help Ukraine to fight in this war, the US is fighting with Iran, and now Russia, China unite with Iran to say, "Hey, you We have it.

Not "Tense up." And in What moment does this have? such a side effect reactions when these alliances force people to realize that it's all one big thing war related? It the risk that exists. For if you think about it, how high rates, then recent public exchange flattery between Russia and Iran took place on 25th Annual Summit Shanghai organizations cooperation. So, while Russia is passionate about what a wonderful Iran and as they want to make sure that will be able to continue to help them, all of this takes place on meetings where Xi Jinping, Putin, Narendra Modi and others members signed Bishkek declaration, which is a joint statement that condemns the US and Israel for war with Iran and introduction of all Western sanctions against member states.

So, I don't know about you. , guys, but this begins to have too many similarities feelings about how the world began to take someone's side during World War II war. Therefore, I think, that many people difficult to understand, how deep has already changed world order; What these unions begin to become stronger; What America is in weakened condition; What China economically is in weakened condition; What countries are becoming the most dangerous, when they are in in a weakened state. AND now, finally, when different countries begin to unite with one way or another side, it will do increasingly larger diplomatic pressure on the USA and China, to they started to contact someone one directly .

And since the world begins to separate between two big ones elections. Therefore, Cold War, we have a large choice between, by essentially, capitalism and communism, between the USA and Russia. And now we we encounter freedom against authoritarian regime , and people will start to unite with one another or others. And when these association will take place, we will have to find out, what are the geographical boundaries we are going to spend. And here it is. it's simple will continue push the US and China to the conflict.

And we all must be very paranoid about how exactly this everything will unfold this will mean, especially considering, that the US, um, is starting pressure on Iran only militarily, but also economically through secondary sanctions. Because if to think about relations between China and Iran, China buys about 90% Iranian oil. So, when Besant says: " Hey, we have all these new sanctions, aimed at almost 60 firms, individuals, vessels, all related to oil, nuclear, rocket and Iran's cyber networks" . and checked China, telling them no test US determination, you you see how these things just slowly sneaking into something, which simply makes people deeper to withdraw into oneself camps and reduces the probability that people will be emotional ready to do it through diplomacy.

AND here they remind us everything we have biological experience, that leaders who lead these wars are not rational actors, they emotional beings who will act evil. Look what takes place in Canada. This is bright an example of how someone is behaving like a naughty child, although economically not in able to do it. But they still do it they do, because now they see: "Ah, we have there are two big daddies, between which we can to choose, and I I am going to use this, so as not to configure them one against another, but I'm going use this as a tactic negotiations to make sure that I I get the best possible agreement" that then will cause more feelings that will make people to act more emotionally, which will strengthen tension and passion in this conflict, which already threatened to turn into one big one conflict.

And when you you start watching to the markets and see how all this is unfolding, then you start understand how similar things can happen increasingly more dangerous. So, especially now, when Are you looking at that one? the fact that we returned to kinetic warfare with Iran. And you are you in this gangster "tit for a tit" strategy ", where it's like: well, we We are only hitting you because that you tried install more min. And then Iran says : well, wait a second. If you are you going to inflict we get hit, then we we will strike you, Jordan and any other bases to which we can get there.

AND then we will say: " Hey, you just hit attack on our bases. You've already killed there. people before, so we We'll hit you again. stronger, which will force Iran...wait a second. You guys, You are beating us. Now we we will just continue to hit you in response." And this becomes absolutely destabilizing phenomenon, considering that that all diplomatic routes between the USA and Iran turned out to be absolutely fruitless. AND All this looms when we are returning to kinetic impacts, we we promise and we do more economic sanctions, and Besson is trying to calm our own markets, but not can do this.

So these countries that change the global order, unite from the USA or China, create a level global risk, which, I don't think, people accurately assessed. AND now it has penetrated financial sector, and also just in bombing. So very little left places that are not will be affected by what is happening. I think that a lot people feel themselves justified in this, because we we always talk about that it was proxy war , and how Iran is connected with many others people, and that's a lot a bigger war than just that takes place on streets.

And now Putin supposedly came out and said it directly. There is also a message about what they had secret program weapons over which they worked all this time time. So from the point of view America, considering, that Russia is actively supports Iran on at this stage, or they want answers? Should we we will intensify our efforts in Ukraine, to help Zelenskyy to destroy their? What should it be? reaction now that Russia allegedly entered into a conversation on at this stage? At this stage you really need to play out a strategy Anacondas and to see what will happen in Iran.

THERE ARE the reason why people are leading proxy battles , is that you do you want to be able to solve the problem without escalation to direct conflict between the USA and Russia or between China and the USA. I I mean, maybe Russia is simply completely satisfied with that continues to shoot at people. But I don't think so. that China wants this. China uses completely different a strategy that is to to do everything possible make administratively, everything, what can you win thanks to patience. At first they will play this game.

So the question is because as much as the collapse housing market in China put them under demographic pressure, because they have huge demographic problems. And under this I I mean, they everything is turned upside down. They become this upside down pyramid, where they has to to take care of much more elderly people, and young people are not enough. And if you add to this market crash housing, then now you have are all elderly people of age, who expected to retire on all the money they accumulated on the market housing, and, phew, it disappears because of simply incredible, I forgot, how many trillions dollars were destroyed due to market downturn housing, but that's a lot.

So you force them think: "Oh God, how we Can we handle this? IN we have a demographic time bomb "The action that ticks." And to besides, now we we are just in bad economic condition. The pace of our growth is decreasing for some time now. So in We have time to borrow, to continue use that one the power we have. In addition, because The US begins apply more protectionist philosophy, this will do more pressure on China. How far? secondary ones will come in sanctions, that's big question, and I constantly I look at Canada, so that we can find out, how many people will agree when we we say: "Okay, you must stand in line .

You need make a choice. Will be economic violence". I think what is financial violence was actually accurate quoting Bessant. So are there enough others countries that can survive this storm, and then they will feel themselves more indebted to unite with By China, so that China can begin diversify, moving away from the USA, because the USA are starting to become more protectionist, are starting more to produce at home, that China historically exported to us? So, that's the whole question. without answer. But, going back to that, What did you ask about?

The US should to complete the work in Iran. So they need to intervene and see if can they really break a spine the Iranian regime. The answer to this the question will have huge resonance. If the US really will be able to break the spine of Iran, if Iran will break down by-elections, then Trump will come to by-elections with a strong position. He can still lose House of Representatives and the Senate, but he is in much better position, because he just going to do everything at the expense of entrance gate.

And if he can rely Listen to this, you, Guys, they didn't believe it. what I did in Iran, but look, this It went well. We finally broke them. IN they don't have nuclear programs. Their people rebelled, and now they, um, the KVIR lost power, and you can to see what it is moving in the right direction . If that doesn't work, and we will just be to lead this endless mutual struggle, then will start dying more Americans, it seems that with military point view of the conflict is not there will be an end, and that's why we we see bloodshed wherever you put it Trump in much, much weaker position.

People in all over the world will continue support this I told you that this immoral war. You shouldn't do this do. And this will happen. leading narrative that Israel is just absolutely an immoral monster on the world stage. The US proves that they related to this an immoral monster. Actually, look what they are done with Iranian people. Are they is also not immoral monster? And that's why you you will see more things like of what is happening with Canada, where people don't doing what is in their economic interests, because they, um, are going under a narrative that says: " Hey, you know, we're ready.

to suffer part weakened economy to be on the right side history. And if this really narrated will continue to spread, then America will rise more and more isolated, and you you will see that people are all more distant from dollar. And this is very weak position, and this will become similar to that happened to The British Empire . So I don't know, how many people that live, in fact can imagine, how powerful was British empire once, and how they are just now shrug their shoulders at the world stage.

It something like: "No, "and that's enough." Nobody doesn't really matter, What do the British think? They don't have much. weapons in his arsenal, except, um, and this risks fractal, but the only weapon that they are, that's what they are incredibly cunning bankers. And that's why they will be extracted from everything This whole London center, because London is the center some the most criminal banking policies, stretched banking policies. If this happens the last step banking elite, or something like: " Okay, the US just weaken, and you just go there and collect everything that you can, using left turn and calls for more socialist politics as a way for bankers to say: "Okay, of course," then yes, continue vote for a larger deficit because we will get out of this by means of inflation, and we just We'll take everything.

"And so It's annoying to see that this similar to the position elites against the background of the fact that, uh, we're agnostics, because we understand how Money works, and you, Guys, no. And that's why you you vote for nonsense, which will make you economical backward place. You shoot yourself in the head leg. Such a policy doesn't work anywhere where her tried it, and we we know how to take from you all, while you follow our tactics. This is so wild, dude. This is madness. Hmm, in The Jerusalem Post was very interesting, hmm, article, which I want to talk about quickly to talk, which one corresponds to this.

They called her " economic debt settlement for Americans of draft age." Narrative war on intra-American at the front already failed. The Pentagon failed sell this war American public, therefore that war rhetorically combined with Israel's operations in Ghazi, but American public rejects this combination. Number recruitment is lower than the one that would be required ground invasion of Iran. Assessments of success ground campaign against 31 provincial Iran command and its mosaic defense structure oscillate between..." 750 000 and 1.5 million American military personnel. Number of active US Army currently is approximately 452,000 people.

Mathematics, obviously not working. However, based on American history, there is a way ahead. Not military duty or call to duty the world during the Second World War II, and enrollment through write-off program debts. Average American of age from 18 to 34 years old has over 40,000 non-mortgage debts according to students loans, balances credit cards, car loans and personal loans, and according to some estimates reaches 100,000. This is the the cohort that is needed Pentagon. Federally administered write-off program debts, which is completely writes off debts for student loans, credit, uh, credit cards and loan balances after 24-36 months services and continues the effect of the Law on military personnel, which will lead to voluntary enrollment in service in the great scale.

This is not theoretically. It American state does what he always does did when she was needed the staff she cannot create otherwise. World War II the war offered Law on military personnel, Vietnam offered deferral of studies in colleges, After September 11 wars bonuses were offered for signing contracts and ways receiving citizenship. War in Iran will need debt relief. Economic situation, which forced Americans 20-30 years old owe, does this is the most effective mechanism conversions, available to the Pentagon and administration Trump. Moral interpretation of this inconvenient, but the states generate the necessary them soldiers for through incentives, who work for them population.

So for I find it charming. a stick that can to kill two birds with one stone with one shot? You you are going to Iran, you are destroying a bunch of people, win the war; then you come back and just give 1.2-1.5 millions Americans free mortgages, interest-free mortgages, etc., supported by the government USA. This is already coming out. military budget, which is already supported up to 1.5 trillion after big, beautiful bill. So, this is like, can this be be something that will work? This is actually brilliant idea.

This is not will be necessary, therefore that the US is not going to to carry out ground operations invasion of Iran. I I think that Trump administration gives very clearly understand your position and time All this the day before yesterday, hmm, by-elections, unless Trump will win and will not be able to get a majority, hmm, and even then I don't I'm sure that this is it would work. The reality is that Trump will not be able to lead long-term ground war, because for this he will have to to obtain permission from Congress.

They are definitely they won't give it to you if he loses the midterms elections, hmm, what historically always it happens, and now no one on Trump's side nothing, that would told you that, um, he probably will win. The markets are already changed and said, which is 55% likely or something like that this, hmm, what is it loses the Chamber too representatives, and Senate. Uh, too Trump doesn't show no desire base on the ground. He did something like: "Yes, maybe we'll try "But now he has it move, and that will be what I will pull him off his feet.

I mean, this is at least 4 to 6 months, if that will work, what is Anaconda strategy ". Again, I quoting Victor Davis Hanson, but I think that he is right. IN you have kinetic punches when they are needed, and then economic sanctions directly against them and secondary sanctions. They will try to fulfill this plan, and a big part of this plan is that it is takes time. Therefore, hmm, the whole quote Bessen is like this: "We are already beheaded snakes, and the body is still twitches.

It will be twitch for a while, "but they are already dead." "And so when you look on the level of inflation and what is happening in Irani, he is right, they really are are under under great pressure. But the question is because, considering all the different mechanisms pressure relief in in the form of support from China's side, support from Russia, you start to realize what is happening fascinating dynamics, which is that Russia supplies Iran what he needs to continue struggle. China, which buys about 90% of their oil, says that we are completely we will ignore sanctions that the US are trying to impose on us.

So, if we we want to buy this oil, we will buy it. AND therefore, the only thing that this hinders, it is blockade. And that's why you you find yourself in position, when, this question, but maybe that China actually will be able to pay for it to keep Iran in fight. And therefore, if these mechanisms pressure relief enough for Iran stayed afloat, they certainly are ready to impoverish their people. They are it "they do." very long And if they are ready to limp, to kick Trump out of positions that they stated, not implied on this, they directly said: "We just "We'll wait for Trump." And as soon as he leaves positions, especially because that behind this narrative it costs that much energy, which, um, Israel is similar to a great evil empire, and the very fact that we are they are related, um, there are deep problematic, and we need to get out of this, and this is what Israel simply draws us in drugs.

Ahem, it can be expected that whoever comes to government in 2028, Republican or democrat, they are not will come to power, if they are not completely will reject the relationship with Israel, um, everyone in meaningful ways. So now Iran says: " Yes, cool. As if we have Everything will be fine. We They drove us into a dead end. angle. This is not doubts, but you don't blocked blood supply our brain. So we we can swallow enough oxygen to to continue living." It's unpleasant when you you're strangling us, but it's not us will kill.

And that's why everything depends on this. Because of all this, despite the fact that how brilliant would this strategy be to attract people, we will have to somehow to write off debts Idea, which I proposed, is to at least allow to announce to students about bankruptcy, so that to get rid of one's own student debts. I still think that this the most moral way to solve this problem, but you must to allow them somehow way to get rid of these debts, so to introduce discipline in banking sector .

But this is a different way. So, if someone going to fight for your country, this That would be great. Simply they will not be like that to call people. This will remain economic battle with such lobbying on distances. Now the USA claim that they have there are new types, so say, laser weapons that will allow them to shoot down drones for pennies. Uh, and if this True, they are now in a much better way position, than, um, would be for others circumstances. And therefore it is possible that despite disagreement, about which generals now They say, "Look, this disagreement, yes, this a formal thing, but The media gives this of greater importance, than it should be.

This is what what's happening constantly. Hegset saw a lot things like that, and he will see even more in future. Essentially, we just have a method, which allows us to give him feedback. So, all this is something important, and this indicates to what we we are in crisis, such a message on return channel not necessarily readable. We just we are trying to say him that he should be careful. None enough weapons. So, if it is to some extent will solve this issue, although now I would say, that it is largely not checked, then this another reason for so that they simply were not going to to land troops on the ground.

Yes. You mentioned before Scott's comments Bessent. Um, I want to. to note...that he said in front of people. Iran reminds me of how I was a child in South Carolina, We lived near a swamp. AND as a result we have there were many courtyards poisonous snakes. And you? took a rake, a machete or an oar from a boat and chopped off his head. Hmm. But the tail of a snake constantly drooling. AND you had to to bury the snake's head, because the head of the serpent was still poisonous.

And there was poisoned. So, we we hide our heads Iranian snake. Snake doesn't know yet what she is dead, but she will stop wagging, when the sun sets. AND therefore the Iranian regime destroyed, and they They will deal with this. Secretary of State Scott Bessent, thank you for... Yes, this is one of those things, man. Where Churchill, when he Do you need it? I I understand what he is up to. trying to reach. On -first, America really should be careful to just Don't be arrogant. This is very risky.

moment. I understand, what are we trying to do to project force. We we try to give people to know: "Hey, Look, this is it. done and resolved. You are on the right track. side, if you are with us. But if you are you going to do this? to do, you need sell the story lot more convincing. You really need to force people to believe in America, and This is the problem. All, what was trying to do Churchill, it's a must British people believe in yourself, to say that " Tacit consent is not in British character.

This is not that. What we stand for. We will not allow no one us intimidate. We we are going to get up and fight". "AND the most difficult thing is that America doesn't have it now a single belief in oneself, and we have no leader, capable of uniting us under yours, you know, charisma, his passion for the country, with my feeling: "I ready to lead us yourself, whatever it is "it was worth it." AND Listen, everyone. corruption in the world is not means that what made by Vladimir Zelensky on the beginning of this war, it wasn't exactly that the rhythm that is needed when you are in such a crisis where need to demonstrate this leadership that encourages people to become for your support.

AND although megatentusia, seems very ready to support Trump, I still think that he is now relies on the energy he was able to to bring to the party, let's say in 2015, when it was like a sip of fresh air when the US just rushed to the left, and someone came and was able to catch the indignation of people who felt that their neglecting what they seem to be pushing away, all this the idea that they... » just a bunch pitiful things, and he voiced it, but it not what it really is happening now.

So now someone talks a lot clumsy [ __ ], which is why it is very difficult to to put up with him. Someone, who seems very creates well financial result for people headed by K. Someone who is a lot speaks about return production, but this is not enough, to really force economy again grow. So simple there is no one unifying force that would make people to truly feel, that America is right, America is just...it exactly what we should do. And if you don't you can achieve this, do you have real ones problems.

You are in real problems, because you don't have the will of the people who are behind you, and that's it the world is counting on this that China never interrupts the enemy, when he does error. These guys tear themselves apart from inside. Inside countries are happening all kinds of information war. Um...Some... Its just launched by people in the US, who disagree with What's going on? Others are launched, uh, China, Russia, Iran to create these propaganda campaigns that much easier distribute, considering, uh, algorithmic realities our everyday life.

So, uh, this is time when, uh, although I I understand the strategy, which is conducted Bassant, and, God is witness , I hope that it will work, The reality is that we must bring moral arguments for this fight. AND we don't yet managed to do this make. Uh, I want to break it. this is a question. I have combine these two questions together. Therefore, This is B.B. Netanyahu for those who don't know, he in full swing now pre-election campaigns. So, this is him. talks to people in Israel, and this is how he describes US involvement in the Iranian war.

You are right. Me need, sir Prime Minister, when we just want to understand this, Listen, I have deal with this. I was against Iran almost 40 years. You must to realize the danger . You must be able to bring it. I needed it. a lot of time...time to our security services were dealing with themselves Iran, not just with its divisions. AND That's what we are after all. done. When was this one was created the government I'm talking about said, it was necessary a lot of time to to bring the United States to your senses.

I was able to to do it. This is because I don't want what I had. say thousands, but almost 1000 hours on American on television, having the opportunity to influence to the United States, having deep knowledge all their leaders, as those who have us supports, and those who who doesn't support us. Ability to navigate this in the sphere, through it, in her. Who are you? I don't know. We are a small country. THERE ARE- oh, and lastly, there are people, who say that he dragged us into this war.

I'll put it off. aside. We are already there. To us need to find out, how to get out And there is some people, I even I call them in the camp. Nick Fuentes, America first. I I don't know who's in. camps, but these people they just say that we we spend too much time for outside activities affairs. We...need reorient and to spend time internally. And I I feel like it's those three the door between which many people seem to jumping. So I don't I know, is it possible somehow?

create a landscape, so that we can understand how to navigate the whole this information. I think that's something. otherwise, and I now I'll check mine. hypothesis. Come on. Ryan, summarize for me that he just said. Summarize. Um, honestly saying, I read Chat. Yes, but you added that, so I know what you have I have my own opinion on this. reason. So, in documentary movie... Oh, this is the one where he says, that I have been in America for a long time, on TV? Right. Yes, he just wants...

he saw everyone president in America. He addressed them. and said: "You must to attack Iran. You must do it. You must attack the Iran. I will give you money. if you attack Iran". "And here he is is doing it already for decades. Okay, so in document you you mention this as about psychological operation. It was a bold thing in document, are you are you really considering this is like propaganda Israel of America, to she fulfilled their orders? I would say that psychological the operation is a bit my audacity, but I I think he is makes every effort, to convince America, what are we must attack Iran, yes.

I don't think so. that it is so as deep as it is psychological operation where they send agents to America, to do, you know, I don't like this, but I think that He seems to be speaking on TV, speaking something about Iran, so to make people angry, Do you understand? So, what they do. Right. OK, so, um, Ryan a little bit more balanced, than I understand, regarding what he invested in document, but what I'm afraid, the truth is, this is what what I see from the perspective global reaction on Israel, what I see in America and others places, this feeling, What are these guys?

legitimate empire evil. They are needed stop at…” any at what price. Hassan Picker talks about: " Hey Jews, you should to distance oneself from Zionism and to defend Israel. If you do this, then eventually it will be "It's dangerous for you." This means that people will simply attack you because you are Jews, because you stand up for Jewish state. OK. This idea then turns into: " Okay, Jews do something unique. They promote us and are dragging us into this "war on drugs." There were so many rhetoric.

"Now this is calmed down a bit, but there were so many rhetoric about how, hmm, Bibi Netanyahu dragged Trump into this war. They probably blackmail him, and therefore forced to dance to it pipe. Uh, and this, in my opinion opinion, typical interpretation of the situation for the average person population. The one who doesn't really pay attention, will have ominous, hmm, anti-Israeli position on many of these things . And what worries me is, yes is that when you listen to what just happened said the BBC, he said: "I will to protect our interests.

So I know, how powerful America. If we don't we will be able to conquer America, we will have problems. And, uh, always remember, in what language is something it is said, because it tells you whether it is for internal audience, or for external? So, this is in Hebrew, so he, obviously, trying to attract your internal base. What I hear him say says: "Israel has known interests, and I I am addressing a person, which can we help with this, and specifically to America; and I I'm going to get there.

on television, I I will be on social media. networks, we will have own army influential people, we we will be there to to do something "Now, What's strange to me is that, obviously, what they must do. It, obviously, that America must do. We must to be in China. We must be in Russia. We must be in Iran. We must to be in Israel, promoting our message and making sure that people agree that we do. All mine the point is that ask where Churchill is when you need it , is to to say: "Listen, you should sell this war.

If this is true correctly in in the interests of the world, and exactly what they are they ask us to believe, that nuclear Iran dangerous". And for I really like it. boils down to, to simply put one calibration question. How are you? Do you think nuclear? Iran—is it good or bad? bad for the world? As Do you think? would use Iran nuclear weapons, if Did he have it? AND whether it is direct fire, or use for intimidation of Israel, use for intimidation of the region, if they are the only ones who has nuclear weapons on The Middle East, which will it happen?

We already saw how Saudi Arabia is calling to the USA with such with the words: "Hey, if they will receive nuclear weapons, we we want to have it. So we we will not be anymore to adhere to, uh, nonproliferation. We we will be active look for it yourself. And I I think that would be rational answer for any who in the region. Uh, Ukraine is beautiful example. They had nuclear weapons, and their convinced to get rid of her, and then on them was carried out intrusion.

If they were nuclear the state? Probably not. I won't say exactly what no, but probably not. This is powerful deterrent factor. So, if I put people this calibration the question is not whether Do you think Israel moral? Or Do you think that receipt by Iran nuclear weapons–this good or bad? Or Do you think Iran will be greater threat if they will be able to get this weapons? This is the only one the question that I have need to be put. AND if people say: yes, I think it's nuclear.

Iran is a bad idea. Then it's like: well, here it is why are we here So, is... Uh, have you been to the USA? pure motives, leaving before this? No, obviously. , that is not. Hmm. That is: forget about our motives. If this will prevent Iran to get a weapon, or you don't like it, why did we have conflicting motives, and a lot of this was related to money, and a lot of this was is due to the fact that Israel came and sold out politicians to they did it, and that's it it doesn't matter.

Or Do you think that justified to stop Iran from receiving nuclear weapons? If you don't think that justified to stop Iran from receiving nuclear weapons, then your position has for makes sense to me. You say: let Iran get nuclear weapons, not us to tell them about contrary. I will take I will say another position, that, in my opinion, the world will be worse, more dangerous if Iran will be able to get nuclear weapons. And if we are going use our , um, you know where we are, I I think we are by the state that is declining, but we have there is still a certain strength, so we can use yours strength to try stop them, don't putting on boots.

ground strikes, like kinetic blows to to harm their military, and economic sanctions: primary and secondary economic sanctions. Yes, I think that's it. worth doing, therefore me constantly everyone who is confused speaks of Israel. Because I'm just thinking: is Do we want this or not? And if we don't do this if we want, then let's let's just talk about this. We don't do this. we want. Cool. Then What will we do? Because we don't we want, we don't have meaning that we don't we want to try to hinder Iran to get nuclear weapons.

Uh, then this is type: cool. We let's just talk about this. We need will ignore Israel. We need uh, stop to finance them because we we also don't want they tried them stop. AND philosophical position The USA should consist of because, uh, everyone, who wants to get nuclear weapons, will receive her, and we will just to stay away. AND you start define America first as more isolationist position. Cool. Then why we contact Russia and Ukraine? Stay away. and this too. Someone would have an internal consistency.

I wouldn't agreed with their basic assumptions, but in them would be internal consistency, but this not what I see. That which I see, this is what people react as if Israel, hmm, uniquely bad at in a certain sense. And here it is here you get into all this talk about genocide and all that, where I'm just saying that even if you you admit that what they do, are genocide, there are others genocides that happening now. Nobody has to do this. claims. So there is more one thing that Ryan suggested.

We have already discussed this is earlier. Ryan offered me meaning, Ryan, the claim is because me, as taxpayer USA, please pay for this genocide. I am not are asked to pay for genocides that taking place, hmm, in other countries. And therefore, even though I hate them, hmm, I don't think so. This is not what I understand. I think that this is associated with much more insidious, hmm, set much a more insidious system reference point, which concerns oppressed oppressors and causes that what the world is at this stage turned against Israel, consists of because they became weak, and their a great crime was that they became strong.

And we we read theirs, hmm...I don't I know if this is declared. politics, or just that's what people call her , but I think their stated policy— this is disproportionate reaction. So, we react disproportionately. Here so they pass from a small boy to victory. Hmm, and then all this " get up early and kill the first one" that is in The Talmud, not in...Here she... the Bible itself, thank you. THERE ARE- Well, that's what I think. , in fact is happening. It begins to turn into red-green an alliance that becomes very confusing.

About It's hard to say. People don't like about it's to say, but I I think that's it. is happening. AND red-green alliance very laconically is located on the green side, that is on the Islamic side, between them and Israel is happening religious theocratic battle. AND then on red On the other hand, you have, hmm, push towards communism, which historically merged with, um, Islam in this battle. We saw it. are being played out in Iran. And they didn't last long. are gathering together, create all sorts of [ __ ] dramas, and then Islamic side just kills them.

And then they are taking their country and kill another. I think we're throwing in negotiations things that not necessarily are combined because I understand when we we are talking about socialism, which socialism is rooted out of envy, that's all oversaturated elites. But I see that this argument now used with Israel as a reason, why don't we love Israel, consists of because they transformed from little person on big. And I think that this is interesting because we we are talking about responsibility. Israel now moving on The Middle East, as if he is a Teflon Don.

I could fight with someone whatever, I could bomb anyone, and no one will say anything because you have to be I'm sorry. As if this the whole dispute. What are you Do you mean? As if This is a dispute. None nothing but this. Israel has nuclear weapons. We have nuclear weapons in the region. It our intermediary in region. So, in my opinion opinion, Iran will receive nuclear weapons, although bad, but they were in 2 weeks from obtaining nuclear weapons during the last 40 years, until Bibi, uh, doesn't admitted this.

We have there was an agreement with Iran with Obama. Trump her hated it, cool. Then they appeared Abrahamic covenants. I didn't like it. this deal. So, now this is the third iteration. IN Trump is such a thing that there is a deal. He is undermining this agreement, puts a new deal on the table, returns to second term, undermines this agreement and puts a new deal on table. The same to us we see with Canada and Mexico. Yes. We see on Middle East. So, although I understand that we we carry global responsibility for that the situation does not got out of control , I think the reason is, why was there in Israel nuclear weapons, consists of in order for him to be able to be our eyes and ears in place.

Yes just like that North Korea has nuclear potential, because the South Korea and Japan became with our eyes and ears on the spot. We them surrounded, so in any case Anyway, everything is fine. . So I...I'm confused. because someday we I have to say about responsibility , and this is just...What What is Israel doing? Disproportionate The answer is great. 7 October was 3 years old so, and we go to another country to start another one war to fight 7 October. In some moment we... What countries do you have?

mean? When they or when they are going to Jordan , now they are talking about invasion of Turkey. Now I I am pursuing terrorists to the point, which is no longer there in response to the fact that happened. For me it is the beginning of the war. So that, how we wage war, and not a war against Iran, I think Israel waging war, not war against all of their own combatants through borders, in time, not It matters. Okay, now we we are conducting two separate conversations.

I think that in You have a lot of words. validity. I I just want to to make sure that we split into two various things that are on table so we can discuss them on in turn. Um, so the first one ...I say that the reason, why people opposed Israel, consists of red-green alliance, which tells about oppressed oppressors, and which really started explode in America. And from this moment on I I'm saying they're just... I think that every time, when people attracted to responsibility, we we get additional topics for discussion.

No, you're mad at me. not because of genocide, you get mad at me because socialism, through Palestine, through red-green alliance. And, in my opinion opinion, we are not talking about the same thing. Okay, so I I will return to...I I agree that we we are not talking about one thing and the same. So I I will return to calibration question. So, uh, or Do you think that America must to hinder Iran to get nuclear weapons? We did it. They have there are no nuclear weapons. We have...

Okay, so you're like: " The job is done. Get out of here." « Well, actually, I was going to do this to attack. I agree. with what Drew says, but also with theory Ryan, what Trump, who starts this war, I think it will push Iran to the point that it wants nuclear weapons more than ever in history. Because this shows that any the country can simply to come and trample them, because he wants to, right? Because I agree with Drew. Obama stopped the mass nuclear power production weapons in Iran, right?

Yes? Okay, that's basic. the assumption I have fundamentally disagree. I will raise this flag. But I still think that my opinion remains in force, regardless of this. Trump's invasion of Iran in this capacity will be sufficient for so that Iran wanted to create nuclear weapons for self-defense. For ultimately, the reason, why all these countries have nuclear weapons, is not that they are ready to attack on someone at any time moment. This is because in we all have this concept of mutual guaranteed destruction. If one the country will cause nuclear weapons America, we will have more a million nuclear bombs, aimed directly at this country, and we Will we destroy the whole world?

wrong? We will erase this country from the map. And I I think..." Iran just would like continue to take participation in this. Now, regardless of whether does this correspond to your question, I I think it's simple. shows that we interfered in what it was not necessary interfere. Okay, so can I understand this the answer is yes America should not to worry about will Iran receive nuclear weapons? Sorry, I was answering. to your chatter. What did you just say? So can I understand? this answer so that The US should not have to interfere in whether Iran will get a nuclear weapon weapons?

I think that intervention The USA in this current the war in which we we are leading, this is one of the stupidest things, which we did for a long time. We are already, we are have already agreed on all of this. Can I understand this? the answer is yes, the USA should not to worry about will Iran receive nuclear weapons? We have already agreed, and We're done with this. Okay, so you and Drew both agree, that was good that we we did it, but we did it done.

So why are we continue move forward? Yes. Good. Um, so next question. Um, you guys think, What, uh, is in your consciousness, I don't I agree, but in your consciousness, we already eliminated nuclear threat, but there is this side effect of that the Hormuz the strait now is under under the control of Iran. You, Guys, you say, "Hey, this is a consequence, this is for me I don't like it, but what is, we must leave". "? I think this is...Oh, Come on, Drew. You are the first.

Strait of Hormuz is currently under under the control of Iran. It the assumption I made I answer, and we should go and just allow Iran do what he wants. I am trying. compare yours answer with this question. Yes. But this is a question, which...This question, yes. Good. We need to fix what we broke. This is what I heard in this question . Because Iran... No, I'm saying, or Do you think we...? Do you think? what should we do to stay, to to decide what we broke, or just us stopped the nuclear threat?

Yes, we are something broke, but we I need to go. Uh, it's a mess now. To us need to bring this up system. Okay, so don't think that we don't we can just to throw oneself out. Perfectly. So, you...we already finished with nuclear problem, but we created secondary problem, so we need to stay and that to restore order Ryan? Because specifically...I have I mean, I think that we...Need to stay and bring okay, but I don't think so the answer is so that continue to attack this country rockets.

I have on mind you, I think that The reality is like this, and I I mean, I I completely love America. This is mine. country. I don't want to she has nothing else. I I want her to be wonderful. But I think that we need to sit down and realize that our arrogance brought us here. I am not I have no doubts, how do we say that Iran does not negotiate as it should. I am not I think we are leading. negotiations as must. I have on meaning that the whole reason, why did Iran take on this is, to show what we have there is actually power.

You too not omniscient world policeman, right? Yes? And I think that we just need stop playing world policeman. So I I agree. We need get out of this. And I I think we Let's say not to be expelled. So you say to expel, that is end the conflict. If, if, if this It's up to you whether We won't leave tomorrow. ? Assemble the ship, and then...We just let's start calling and talk to you, saying: "I don't think so, "what can we do?" I think that we have gone too far far away, as you say.

That's exactly what I mean. , I think the emission happens when there will be a solution conflict, but I don't I think the continuation missile attacks are conflict resolution . I think it's still more aggravating problem. Okay, I like it. I like it, but I just give it build one by one bricks at a time. Okay, both of you. you say that we already settled the nuclear question, but we broke one thing, The Strait of Hormuz. To us need to stay and restore order. Good, so none of you wants to see how we We're leaving.

You have may be different idea of ​​how we must wage war, but none of you says that we just need to achieve peace right now. Okay, so, uh, you you say that: "Okay, all the rhetoric around Israel is distracted, because we don't care need to stay and restore order," or you you're saying that...Um, no, that's not a distraction attention, because Israel affects what we dropping bombs, and we would they didn't drop bombs, if not Israel? We would found some other solving this problems if not Israel.

We start now. in the middle of a conflict, because Israel dragged us into conflict. So to say that they distracting, would mean that they have or have not had influence to involve us in this conflict, in which we are in. So to talk about Israel is not now must have importance, because we already here. Okay, but is I need to they knew that they bad people, and I crazy? This is not for me. value. This is me. very. So what I I am trying to outline, that's what my position is is that not It matters how we got here in this part of the argument .

It's important that we are here, and so now, considering that we are here, and what I see, is happening, concerns bad Israel, and we just we need to talk about how bad ...Israel exists. And that's why I I'm trying to find out. Do you belong to the camp of those who say:" Look, let it be no matter what, we here, we have resolve this issue. Therefore I don't want to to spend one's energy for conversations that Israel good or bad, this is irrelevant to what I have to do in Iran, to to sort this out mess "." I am like this very.

OK? Ryan, are you there? you say: "No, no, no, we we have to decide "the problem of Israel". Well, I think the conversation about Israel, although Israel is trying to make it more deeply woven into the Iran war, which we started, I I think the question is Israel–this is a separate the thing we need decide after Iran, Yes. Perfectly. Okay, well, this is it. much larger problem. Israel is a problem because of the way we conduct ourselves war, is Israel destabilizing power in the world or on Middle East?

In general, I think that now this is it destabilizing force in the Middle East, but I think that Israel has bigger desire to expand project of the Great Israel beyond its borders Middle East on wider world. Yes. Okay, do you think you, what does the KVIR have expansionist ideas? I think so, but I I think that KVIR is now much smaller problem, considering it size, and most this is limited its one country. Obviously, there are cases when it spreads outside this country, but I think that for now Israel creates more problems.

Okay, that's what Israel is also attacking Lebanon. Well, I think so. Israel will object to this" explanation, and, Of course, there are politicians. in Lebanon, which also will deny against this. So, I don't I want to break this. question. OK, Lebanon is what need to figure it out with how much ok, on ours opinion, that Iran sent a military group to become part of their government, and will we It's okay if someone will do it from the USA. I I think we should immediately thought: this madness.

Should I to address the lobby AIPAC? Uh, Okay, so to you, human... Wait, wait, wait, wait. I'm just clarifying. question. So, for you there is no difference between " Hezbollah, armed military grouping when It's about Lebanon. We didn't talk about " Hezbollah". No, Hezbollah is the way Iran deploys its forces in Lebanon. Hmm. So you're saying that AIPAC and Hezbollah in Lebanon –it's the same thing. We are changing now. definitions, because you said that another the country comes and joins our military, we we will feel it for sure in a way.

Do not enter ours military, to place military unit in our country, so that make us give them voice in our politics. That was a different statement, and it is this statement that changes situation. Uh, okay, so how about we How do we feel about this? This is wrong. Okay, in your consciousness is a difference between AIPAC and Hezbollah. Yes, because the first the comment was not about Hezbollah. First the comment was about military from another countries. Yeah, so it boils down to before we We understand Hezbollah.

I I'm looking at Hezbollah. as a mediator for Iran, which is funded Iran, that is, it carries out Iran's orders. Uh, yes, no, uh, I don't want to to break it, but it so I formulated this That's right. Ahem. Okay, so, uh, returning to the main thesis, you both of you are talking about the problem of Israel, but Israel is not connected with whether we will stay we and will we continue cleaning of the Strait of Hormuz channels. I think my point is a little more vision nuanced.

I think that the point is not that that it is not related. I I think it's about because it's...not should be, and what currently Israel still trying to tie yourself up more with this. Okay, so I think it's the same. black and white, as simple as that that which is there no, if it does ... Well, I'm trying. understand, so we have rhetoric is growing around Israel, which affects how people think that we must wage war in Iran. Hmm. And I, honestly, surprised that you both of you guys you take a position that , in my opinion, much smarter, but I don't think anymore What are you guys doing?

represent majority of votes, who will say that the US must leave Iran, because we are only there thanks to Bibi Netanyahu. It's like predominant, oversimplified, but it is predominant narrative. I would argue that, on I think you're a little fake, judging by only from online reactions . I think that most people, including such people like Hassan or by Tucker Carlson, have more a nuanced opinion. I I think they had to speed up its nuanced Any idea what I'm missing? Uh, no, no, I just I'm saying that I don't think so.

people just say... This is because I would say only about Bibi. I have There is one nuance. So, when did we start to talk about it, about Lebanon's connection with Iran and Lebanon, I said that we need to pay attention to AIPAC because Representative Brian Mass, known for that he was wearing a uniform Defense Army Israel on Capitoline hill, now are considered on the position of minister army. So, in my opinion opinion, this is someone who loyalty and responsibility before a foreign by the state is integrated into the army.

Therefore I answer something like: "What are you Do you mean? We "We see it now." So, Hezbollah, jihadism, extremist Muslims, extremist extremism, all that, condemn, condemn rhetoric , right? Well, I'm all of that. I understand. I think let's go back to what we are from started this conversation because we touched fractal fractal. Well, I don't think so. What's here...That's what I...In I have basic assumption, and, maybe this is where we are we don't understand one thing one. I have the basic assumption that driving force anti-Iran war is what people think that Israel rules all of this.

Israel is the reason for this. USA should never were to intervene. To us should have held on out of business Iran. We wouldn't found themselves in this chaos if not for AIPAC, Bibi Netanyahu, everyone like this. What is needed cleansing from all who related to Israel , as from the political from the AIPAC point of view, not take money from AIPAC, this is absolutely toxic, don't do it this, up to Hassan's warning Picker about what American Jews Are Jews in everything? the world must..." to distance oneself from Israel.

I really it seems that this the position of people who they say the US has take Iran. In January, I believe it is It was right. Yes. But now you are not like that. you think. Do you think What we are in completely different situations. Now we we are in pride and Trump's arrogance , which says: "We just them we will bomb, and that's it "It will be fine." "And ours ships are falling apart , and the Navy...So now we expose us for our unpreparedness for this war in which people in January said that we forced to enter.

And you think that this prevailing anti-Iranian military rhetoric? I speak on behalf of Andrew St. Just. So I agree that this is the majority opinion people. I think that's what what I said, or what what did Drew just say? Because I mean that this war continues so long that she changes the narrative when everything comes out more things, everything like this, isn't it? For example, if you I was asked then, When did this start? IN January? In February? If you asked me about the beginning, when I started to work here, I would said: "Yes, it is 100% just Israel pushed us.

We We are going out because Trump will understand that this stupidity". "And he didn't do this on at this moment, right? Yes? So, I think that The narrative has changed. Well, you say it yourself. he can't to retreat to this point moment. So I don't think so. that this is his stupidity. I I think that's it. the reality of the situation. Good. Uh, I'm better. I understand your positions, and now I will say something, hmm, different, now that I figured it out calibration questions for two people in this room.

THERE ARE -uh, I think these two absolutely are mistaken about of what moves massive push to anti-Israeli politics. Uh, me too very interesting to see, uh, which one of these interpretations will withstand sometimes. My interpretation now is that, that exists absolutely giant negative reaction against Israel, and this happens with very for a simple reason: The West, uh, was massive. enthusiastic ideology that is entirely based on the predicate oppressed and oppressors. And that's why we we look at the war in Iran, we are looking at Israel-Gaza, uh, through the prism of whites people, white neighbors people who oppress "brown..." people, and this leads to that people just can't put themselves fundamental question: whether We are concerned that Iran has nuclear weapons.

? If so, what do we do? should have been done? If not, how can we should have behaved? Now that we're at it , and we broke through Strait of Hormuz, or we need to stay and to restore order? AND despite the fact that these two are completely rational and internally consistent, I don't I think they are represent a wave, absolute tsunami anti-Israeli reaction, which became the reason why people want us to came out of the Middle East East. And when you are you starting this to consider, I think, that it's just me raised his flag, and I am always ready to be wrong, and we We'll see in time whether I just wrong I will explain this.

But I I think that if you get rid of everything of this energy, you don't you will see none campus protests, you will not see none at all caustic resistance to participation The US is in this. So, here it is. Where am I? Yes, I think so. That's it. What is happening. And here it is now we are in situations when we need to talk about Iran, separating it from the fact that people think about Israel, and simply understand: Okay, we are where we are, everything is straight; what about us What to do now?

Because much more than me What worries me is that occurs between Russia, China, Iran and the USA. The Israeli case for me—this absolutely secondary a phenomenon that is completely concerns cultural people's beliefs, their system values, it's completely another thing. This is completely interconnected, but this is a separate thing, which, Boy, wouldn't it be interconnected, because I don't think so. motivates people to take rational decision from the point of view of what is good for countries, from the point of view of of what will work economically, from the point of view in terms of stability world.

This is all very various questions for me. Uh, that's possible. to put and answer, no resorting to Israel. Now, not now. Point. And and and about this history. Yes, okay. I press delete button, because we need to talk about the absolute bloodshed, which takes place in Japan, right? Now. Stock market as of this morning lost 1 2 3 35 billions. This can be a trillion. Hmm, yen in the last 20 minutes. trillion yen, what will happen, uh, madness. Yes. What do we have? Yes, that's 35 trillion.

35 trillion yen, yes. billion, trillion. Yes, 35 trillion yen, uh, this morning. Ahem, well, our morning, theirs evening. So we'll see, what will happen tomorrow, but now Japan It doesn't look good. Ahem, Tom, what do you think? Yes, in Japan is happening completely rewriting economic system, and I mean no only economic Japan's system. I have in mind the world economic system. This is much more dangerous than people are aware. I always beat this one drum. If you don't do you understand that liquidity manages markets, then you will very confused by what will happen.

AND now, especially in the United States, liquidity is such a huge player with from the point of view of the one, that supports... Summary of the economy The USA is that things are going well at equal, in essence, artificial intelligence. Our markets have become one big one betting on it. If rule this out, then the growth we we are watching, still will decrease more. Misunderstanding what takes place on Japanese market bonds, there are misunderstanding of what will probably happen with the whole world economy. For for a very long time, decades, the fact that that was not in Japan inflation and it artificially held her own low profitability, desperately trying stimulate your economy, created arbitration, which people use in all over the world.

AND, taking advantage of this, they created this thing, known as trade Yen carry trade. AND because in Japan now there is inflation, and this completely rewrites their entire economy, they realize that will not be able to protect low rates. They will not be able to protect the strength of the yen, which continues to fall. AND 10 years ago Japan bonds now have profitability, which in Tuesday reached 3%. This is the first time since...1996. AND here we are now this problem is brewing, when Bessen trying to get them help, but actually he just tries help us.

And we we understand that this It won't happen. And therefore Bessen tells them that they will have to increase your bets. So, if you don't know, he speaking from Asheville, North Carolina, because we are now on G20 summit, and told the Bank Japan, what are they will have to do. AND on Sunday he said Governor of the Bank of Japan Wade, what is he doing? need to do the right things or what he is going to make the right ones things about rates, and this means that he will have to to increase.

CNBC said: "I have information, that the market, or it told CNBC that he had there is information that not available on the market, and Japan is going to do what will lead to strengthening of the yen, and this actually means that they will have to to raise the stakes, that means..." that this trade in Japanese Yen carry trade will be to get excited, and this means that such background situation, which managed the markets for decades, is being promoted. "And this one of those things if you invested in markets or, God forbid, , just earn salary, you will need understand what it's for will lead.

It global reduction . So, this is what they say, what we should be honest, that in our country now inflation. Through price inflation must grow, salaries should grow. It will continue stimulate price increases. So in everyone is getting paranoid, that the rates should to grow, to to encourage people buy Japanese debt because the Japanese have not yet proven that they can do only one thing, what actually stabilizes the yen, and to grow their own economy. And therefore Japanese government for decades was very reckless, buying up all own bonds to this train kept moving because no one wants to own them, because they know that artificially held low rates.

And therefore now Japan is in real danger, because she has such for the most part own debt. He exceeds 50%, and the rate this debt is growing , growing, growing, is growing. So, This will be , hmm, potentially chaotic time, on which people need to pay attention, therefore what if you were doing career- trade, you will you sell these assets that are likely to will create a price instability on US and other markets world markets, because people will try return to yen, which will strengthen the yen, at least temporarily, because people will repay theirs, hmm , debts in yen.

And then more appears question: is it really Japan is ready again to become growing economy? Why is this? can be a bunch questions? Because when you are artificially holding rates low, buying all their own bonds, which, by the way , the US almost certainly are going to do, but if you put yourself in such a situation, you will get what are called zombies companies. It companies that they suck everyone talents because they can tell them: " Hey, since there is no inflation, you will have work forever.

And to us you just have to overcome the barrier level of borrowing money." And while we we can continue borrow money, we we can support the company's work, even if alone the company is in in a state of default. They do not receive profit when are subject to market forces. And it is in this situation now is in Japan. So many of these companies -zombies will have to to disappear because interest rate increase ponds, and Japan will have to find growth method; for if they don't will grow, then will find themselves in real problems, having all this debt, which with each everything becomes a day more expensive.

They will be crushed under the weight your debt. And that's why I I say that when the USA have 100% debt to GDP and almost 30% GDP ratio, This is dangerous. You you can print money during for a long time, but you can't do this is forever. Japan on own bitter learns from experience, that when you own this debt, and ultimately the stakes are breaking, and they start grow up, you you find yourself in extremely dangerous situation when you a gun is pointed at to the head, and you must right now develop the economy or break under by weight of percentage payments for all that the debt you owe accumulated.

And so it is. we are. And therefore, I remind you that the Bank of England tried to help them to protect the yen, and this It didn't work. Bank England now tries to protect our own bonds. It also does not work. AND so the question is in how long we we will try this to do, instead of, to do the only thing actually works, but to develop real economy? Well, that's more complicated, Tom. . I can just to print money. What Do you mean? Um, and you can for a while, but these, uh, these chickens eventually return home on the seat.

AND, unfortunately, partially through deployment carry trade yen, they will return home on a seat in the USA much faster than we thought. So, in me had a conversation with Felix, which will be released in Thursday. Felix and The French have arrived. Will be interesting. After this conversation I said that in US rates actually need to be lowered to refinance part of the debt to help us apply creative financial engineering so that we could withstand this a wave of debt at 40 trillions of dollars. Yes. What is it?

20% of them have be paid off this year? Will this help? globally, if US rates will rise , while the rates in Japan will be reduced? Because everything this is related to liquidity. So, when are the rates in Japan are falling, and rates in The US is declining, isn't it? will this lead to liquidity inflow to us? So we must be very careful, because you constantly You hesitate. So Japanese bets grow, not fall. And the rates in The US should to grow, then to decrease. And they must grow, because people are more don't believe in your debts.

And therefore, if you don't raise the stakes, you will have no appetite to debt. You find yourself in the same the situation in which it was Japan, when the Fed has start typing a lot of money, and then The Treasury has start buying a bunch own debt. AND because when you find yourself in a situation, when you have huge balance sheets at the Fed, and The Treasury is forced to spend one's own money to buy things, your defense fund, to redeem them, you you will find yourself in a very economically weak situation.

So in this you can't at the moment to afford raising rates, and this means that in that the very moment when people don't believe in you debt, you will have to lower rates, make them even smaller believe in him. And therefore your only real one hope—to reduce rates, refinance a significant part of the debt, release more debt, if necessary, to buy it back lower rate, but all this is done in short-term perspective. Therefore, now you have 2-3- annual horizon, when you should run engine of your own economy and start grow.

It madness. This is exactly what What do I recommend? entrepreneurs never not to do If you trying to establish a new one company, you do this is at night and on weekends, dude. You don't do this. with a gun to my head , do not get rid of work and not put everything into full. I understand how it's attractive, but Business is complicated. Most of them fail with from the very beginning, therefore it takes some time, to find relevant product on the market. To us will need some time to understand how actually again start the engine, and if we encounter something that approaching global recession or global depression, you're not want to be in in a situation where you crushed under the weight of debts.

And therefore, Look, we are already developed a strategy earlier. Not that in they had no strategy , they have it. It's about about the transfer only on stablecoins, creating appetite, global appetite to the US debt through stablecoins, and software leadership in this question. But we have you know, there were internal disagreements about whether it's worth it to do and to implement. So now it is very risky, unstable situation , which is so complicated that people they just don't want to pay attention to this. And the reality is that you need pay attention to this.

You need find out how to get started to make all these parts together. AND because in 1913 we allowed themselves to create senselessly central bank, us have to accept with the fact that you are not you can stay outside the markets. You are not you can. Why don't you Can you? Because you will eat you alive inflation. At that time, when the government puts yourself in a situation where he will have to print more money. And, uh, The Treasury will the buyer of the latter instances, uh, but they will be the buyer of last resort.

They are going. create a market. Besson has already said that he is going do exactly that. Uh, we are in this now situation when this debt will become increasingly expensive, because the USA prove that they still have there is no way for exit from this situations. And then artificial appears intelligence and creates a miracle for which everyone willing to pay, first than artificial intelligence completely explodes or The USA will crumble under own weight interest payments for his debt. Oh my God, These are going to be crazy times.

, friend. These will be crazy times. And the whole this time was needed to be in the markets, because the only solution that there are, is to print more money. That's it It's a joke. Oh my God Oh my god. There are times, Drew, when I think, "Is It would be more fun, if I just did this didn't understand me either just beat? I would hit with a hammer in a couple of years." Uh-huh , but the last few years of parties would be much more fun, than trying to understand, how to navigate this, where the only a real option is growth, and growth now—it just a string of characters question.

Yes. Um, we're connecting. them together. I...I think... that I am an optimist, because between ... Really? Tell me more, Drew. Regarding what Are you an optimist? Birthday, and me I want to lead with optimism. And I don't I want mine to the following year was oppressive. I think I heard that... if anyone can do it to do if someone can find a way refinance this duty, to do something very financially engineering, for example, defeat, as we created a derivative. We created half tools stock market, which now exist.

Yes. I would even say that we to some extent responsible for cryptocurrency, depending on, whom you ask, and all these other things, so that we have mass implementation. I I feel that we we can find proposal, and I think that we will do this. And I I think everything will be fine. okay, and America will be prosperous. Or, in worst case, we took a bunch of oil from Venezuela. It at least 2 trillions. We could part of this to spend on credit card. In debt at 40 trillions of dollars, which we have.

Credit card, dude. We just let's call it: "Hey, I a little today I was late. Can I? I will give you half. now? A little later we will change the date payment. Everything will be fine. good. Everything will be fine. We just can't. to buy a car or house nearest sometimes. Don't look at credit history, but everything is fine. We are not evicted. That's all. It matters. OK. Well, let's go. let's put on hats optimism, guys, and let's talk about what we will have to do.

After all, it's Drew's day. birth. The press release said: " Hope is not strategy". "That's all, What do I have, Pres. It everything I have left. So, Pres, we we are going...We we are going to do this change. This is not hope. Let me be precise. tell you what you need to do. Okay, so that's it. depends on culture. Me people need this understood because we should involve people to AI–it’s yours the only bet now. You have to force it. work, and we need to do Americans more united, and we need to start to bet very fundamental question.

So, Ryan very generously said before: "I love America. I want to see how America achieves success." « Okay, great. Let's discuss options. I think people will understand that there is none option where you can't use artificial intelligence. So , hmm, all this rhetoric about stopping processing centers data, moratorium, everything this is immediate stopped. Never more with me about this Don't talk. Instead we will do this brilliant strategy Ryan: Make sure that we will pull the thread into the needle. And let's make sure that we let's determine which ways to create processing centers data are good, and which are bad.

This is already known. We have developed there are so many of them. We we can see which of they really became a victory for the cities, and which are bad. And therefore we are going to develop energy policy to the processing center data had a duty make it better for cities. We are going take measures to make sure that they receive tax benefits for stimulation growth, but what they are very aggressive positively configured from the point "from the point of view..." paying taxes in those places where they are leaving.

Uh, and yes, I I'm shortening this so that we don't spent on it too much time, but we we will make sure that AI will win. Not only AI will win, but also America wins the race AI. And this requires from us, uh, invite Connor Leahy in room and really to determine, not only its. He is very, uh, he hates it when people are trying reevaluate it. But invite Connor Lehi and a bunch of them people like him, and to determine what difference between AI weapons class, which can only do governments.

All others, if you are trying this to do, whether it is an anthropic, or anyone, uh- e, "Men in Black" appear in your at home. And what is AI? civilian using? And what are we we are going to make sure that we we are implementing innovation, moving go ahead and do everything it. Uh, we're going. show to the young people how to interact with AI. AI will transform you for a thoughtless [ __ ] idiot, uh, if you use...this in some stupid way, when you just allow him do everything for you; or it will transform you for real a beast that can to do things that you would couldn't even imagine if we had They have healthy relationships.

We should talk about this. speak. We must teach this. We must make sure that people really understand how interact with AI in a useful way, have orientation to creating something. It a big part of it. We must restore people's energy to understand why competition is perfectly. We must restore energy people to understand, why should we to put forward huge requirements for our education systems that have nothing in common with spending on it more money. What are we must reach the points when, uh, we fully aware and we'll understand that, uh, education system, or any system, if that's the case, is determined by the fact that she is actually betraying.

And now we are releasing , uh, high school students in high school, which prove their teachers to tears, because they can't read and write. Uh, this is, obviously huge problem. Uh, us need, uh, restore energy around the idea... meritocracy. And we must understand that our own child, most likely, there will be no at the top. And we all we must wish the same meritocracy, because ours , hmm, the child is still there will be much the richest in the world, where do we find the best and the smartest and we make sure that they can achieve as much as possible, and what our child can do to achieve as much as possible more.

But they will be limited with his work ethics; they will be limited by their intellect. It's simple. realities, but, hey, yeah it is, and for all of us it's better to have one like this economic system, and we must to go back to that, so that people understand that The purpose of life is to be strong. Purpose of life not in order to find out how your moral superiority comes from that the fact that you were oppressed, what is your moral authority comes from from rising from under legs thanks results, achieved as a result of oppression.

And now, when Booker T. Washington will be similar to each statue everywhere, then I I will know that culture moving in the right direction . This bastard decided that is going build...a school, and I mean construction of a school. AND so if you don't you know, he's an ex The slave goes out and builds, builds, builds and teaches their students, as to make bricks to they could build their schools, after all makes bricks so good that they can just start selling it to other people. It the American way.

That's what I want to hear. When will this [ __ ] happen? to be glorified, and people will not watch slant on Booker T. Washington, which for I am a devil. madness, then I I will know that we moving in the right direction . So, we must want America to won. We must start telling very inspiring story about America. We must to tell oneself inspiring story about how to become stronger. This is what I call it faith, which It matters. If you invest time and energy to to become better, you you will become better.

Now, having returned to all this, we must decide economic problem. To solve this economic problem, we must believe in the prosperity of America, so we can go and to say that AI will win. He will be... to be huge production base. Victory means prosperous middle class. Victory means bell-shaped curve, Where the hell is this? huge piece in the middle are people middle class, which live wonderfully, become a little richer every year, optimistically are set on that their children will become richer. You you won't achieve this with so many debts that you have, without artificial intelligence.

So we must solve this cognitive dissonance that people have around this, and stop behaving as if that's all or nothing. There is a way to do it skillfully, but we will have to to do it for by the help of what I already explained. If we we can do it, if we can again inspire people to construction, production here, in USA, growth economy and understanding that the only way out is growth, then we we can start being very disciplined with our money, so that we will have to do this do.

We must stop importing cheap labor. Uh, we should start. to do the work. We should nominate huge demands on people who work. AND , by the way, time for political recipes. I'm telling you the truth. Now the only number, what matters is how many people younger, let's say so ...What is the retirement age? 72? Something like that? Whatever there was no retirement age 67 years old, should be 72. So, uh, Let's count. Not hope that's it will be popular, but Welcome, uh, people live longer. So, whatever it is number if you younger than this age, then you are considered in indicators unemployment, uh.

Ago that we are lying now themselves. When the economy is weakening, more and more people they say: "I don't even "I'm looking for a job." So we we say, "Well, they don't are looking for a job, so they are not taken into account in indicators unemployment". "It backward, written in capital letters. We need to see how much Our working class is weak. strength, how many people of working age receive state help. To us need to put end of all this [ __ ]. We must to interest people.

Cultural pressure on people so that they got a JOB and contributed to economic growth. This is the only way out. this situation. And, to things, this is how get prosperous middle class when we apply all kinds of economic incentives and pressures for development in the USA. Good. I can continue. I'll stop there, but at least this hope. These are real, Damn it, things, which can be done. AT, and let the students announce bankruptcy, because damn all the banks that gave them these loans . This message is for you.

passed on to Tom Bill the position of president and video fragment. Its exactly given to you by tom Bill. I approve of this. message. I am not I am running for office. Damn it. THERE ARE, okay, it happened a few interesting things. Well, I'll start with absurd, because I I just thought that was it. it was really very steeply". OK. Dyson has just released toothbrush for 500 dollars. She called " Brother. I saw this one. the title and thought: "I have to buy this." I I don't even know what this is.

like this. I'm buying one. Me it was just necessary try a toothbrush that can justify the price of 500 dollars, but I swear By God, if I buy this a toothbrush and me someday again will have to go to I want a dentist refund, Damn it. It would be better this thing did everything the [ __ ] you would do dentist, but still better. Here is the promo video. Dyson CamJet, the first dental brush with camera. Toothbrush with camera . Brush and rinse aid for the mouth.

Here's how. First apply non-foaming toothpaste Dyson. Keep your teeth brush horizontally. Make your own the widest smile. Then turn on device. Cell uses machine Dyson training. Stop for a second. We have Dyson. To us We need to talk. This ad is garbage, brother. Look 6 TikTok hours, come back and reshoot this. You are not you can put it like this pause. This is madness. We just... lost people through this 3-second pause. It You ruined it for us. Hold on, Dyson. What happened? Devil. Okay, play. to discover gaps.

After head detection brushes are released a jet of liquid between teeth, AT! while brushing your teeth . That's a splash, Drew. Nice, right? As if Do you think you're having a good day? birth. Move slowly and carefully, using small... Let's begin. We have this as sound fragment, Please. Add this to the board. It splash. Back and forth. I think we need get audio recording toothbrush. All the better. But yeah, what's interesting is that in a toothbrush built-in algorithm machine learning, and that's how they are done.

Your gums will be damaged, and they will be like this: here we have...we have...clear Drew on the explosion in social networks. THERE ARE , that's great. 100%Me I'll try this. I will do it. this is for all of us and Let's see what happens. But you have to remove it. this is a video. That's what thing. We must show video on streets. We must mount it better, Ryan. I believe, What will you do with it? interesting for viewing. I really want this. to mount. But yeah, okay, dental $500 brush already worth 500 dollars, Drew.

No, but I want to say that Dyson is invincible with their vacuum cleaners. People love theirs. hair dryers, fans etc. So, perhaps, they are implementing innovations in dentistry brush, and it's simple the next thing they will be captured. Gay. All I know is what we should to become better. Me it drives me crazy that you have to to go to dentist every 6 months. This is wild. AND they will try to bring you back every 3 months. I am like this: " Work better." "How do I Will I come back?

It madness." " Crazy. I can't be here for this. Hmm, cool. Okay, we need to talk about... This is the worst stop- frame in the world. You him I was besieged. This is Milo Yiannopoulos? Yes. Yes, I just paused. I I just wanted to ask. you, Milo, Greek name. Write" "the most Greek." Yes. Yes, this guy is Greek, capitalized in letters. Hmm, he went to the Pier, to tell about my, uh, situation with ICE. For those who don't knows, he was grabbed by ICE. He overdue his visa.

AT! He was told about his situation. AT! Come on. I had this. hear. The leopard ate him. face. I didn't really understand. physical reality of how... As? Institutionalized cruelty in America. What is that? regardless of whether what are they doing to you will be arrested. They they will chain you up in shackles, your hands, Your legs are tied. together. I mean, what is it like...everyone... everyone will be arrested- this is like a member of the MS-13 gang, and it hurts a lot more than it looks on TV.

That's it..." funny. So, this is a classic Dave's phrase case Chapelle: "It's all funny, until it is happens to you." "Yeah. Yeah, okay, continue. But with, you know, an investigator insulator to correctional colony, you know, every 3 hours they were, they tried to get ahead of mine lawyers, so I don't could, you know, so what whatever. But no one Didn't tell me anything. It was...I have to mind you, I know that this That's how it's meant to be, but this... Of course, it was humiliating, and this disoriented, and everything like this.

It was physical. humiliatingly. It was... It was scary. It It was scary. Not I think I once... sometime before that was afraid. How emotional Did you survive this? period? I have never before was like this. I stumbled and as if fell down the stairs a minute or two ago, and , you know, I'm clumsy person, so it's not the rarest thing in world; but it's something caused, from that, that I feel like, you know, pushed down on a couple of steps, and I cried like an old man..." woman during hours.

Um, me too thought: "Oh, I I really need this. "to throw out of oneself." "Um, I think maybe in I was a little bit in the past, hmm, a little indifferent, when people spoke about the injury, a little frivolous when people talked about How are you doing? So this is one of the most interesting things, which will happen. We let's move on to everything this in a second, but one of the most interesting things that will happen of the people who are now are in front of camera during for a long time, that's what how can you to watch their changes.

And that, what we see now is the guy who once was young, not anymore so young. Um, young and bold, they arrogant, they are not have systems landmarks. They are not understand how life is will leave scars on them with age. And I have to mean emotionally. AND therefore we we observe how people collect scar tissue in real-time time. Imagine someone like Klyuchnykh. And you know, now young, handsome boy. Um, what? will happen when you no longer young and not steep? How is he? rethink yourself?

Is it arranged with uncertainty? Can he just found different speed in life, and he continues to live, and in Is he okay? Or people find themselves in Trapped, hmm, I'm still I do this because I external required confirmation, instead of say: "Okay, I I know I'm trying. build, and I I'm going to do it." And watching the way it goes because of this and observes how youth turns into something like a quarter life, I mean, What is he probably doing now? for 30. It's not quite a quarter of a life, but you you see how, um, this one The shift is happening.

back in reality time. Life does us all humble, and it really is becoming the question of whether how much you emotionally stable? We we will see everything more and more of this . I'm filming on camera. for 10 years now. Hmm, I have there were cases when my channel showed much bigger, hmm, numbers than now, and, realizing this, I I'm changing my content. not because I think that it will be bigger. I I change my content, because I am developing as...a person, and if you you can't have this relationships, for example, if it matters only the number, then in you will really be problems.

And we we will get an idea about how life is changes people. And I have another one is on the doorstep. When your hormones are changing, you do you feel fundamentally different a person. So we we will observe by how people passing through these evolution and how many people is this will break. So it will be interesting to see which cultural This will have an impact. I would like Milo, or anyone who going through something similar, passed because of this, when you you see something intimate, this gives you an understanding, which you otherwise wouldn't would receive.

I bless you. AND so if he is now will be able to help people to see the way forward for immigration, which is more intelligent, which can give another point view of it, it would be perfectly. But if we don't we'll see how he is reorients, will become strong again and confident on the other side this, perhaps, without such audacity. youth, it would be perfectly. Because I don't want to. to see no one, and, perhaps the best this performance for the whole history, uh, from the point of view view of what it is is happening publicly, was Dave Chapel.

And think just that Dave Chapel that can sell out the arena unknown size, to make your own comedy, in some way moment just drove up, uh, to microphone and dynamics in the park. I think I'm right. I remember. And did improvised speeches in front of 15 or 20 people. And that was it. after he was at the peak of his career. But he believed in craft, wanted break through. I don't know, did he think specifically about restructuring, but this it was as if you weren't could break his spirit.

And then he came back and now has all the confidence a person who has passed because of the crazy roller coasters and rebuilt this incredible second act. For me, this is what what should people do strive. To prove themselves that they cannot break down. Good, enough about that. Now to the ice of it all . I don't know if he says something else that we need to hear? Yes, yes. Okay, so considering all this, when this really worked for Gestapo tactics, I understood why people resisted.

Literally was a guy who is clearly visually imitated SS. This couldn't be. by chance. He wanted to instill fear in people's hearts. It was a whole thing that, um, Hitler did intentionally, and which colors we will use? What it's visually frightening people? Hmm, Nazis actually entered into these duels are intentional, and they received these huge scars on faces, and they actually scored your wounds on your face, hmm, horse hair , hay, etc., so that it really created big scar. They wanted to look appallingly. So I I will never believe that he is not used that one the action plan itself, even if he somehow didn't know that they actually are done.

So it's like: "Okay, move away from all of this, I think, "Incredibly smart." Someone might say: " Listen, I'm not a member. gangs, so you you absolutely cannot to claim that everyone, who is involved in this, is "gang members." Ago we need to think about not to lose one's humanity, experiencing this, but we will have to balance it with problem illegal immigrants. And that's why I I feel the same way. as well as for artificial intelligence: if you don't can you think nuanced, you become yes or no.

So yes, Deport everyone. No matter how much this is destructive, humiliating, or people they shoot that whatever it is. Or not, we must allow everyone to stay. IN can't even us to be borders. It as if both of these answers—death brain. So how about us? find a way to say: "Okay, Listen, we must have possibility deport people, but it should be better way to do this? You often mention how Obama made it so in a way that does not set the whole world on fire. Um, so how do you do this, but is it good to do it?

So, taking upon yourself responsibility in front of you, you can't just say " close it." You must say how it's the right thing to do. I hope something from We will see about that. But also, no stay longer, than finish visa validity period. In fact, there is a rules for a reason . I lived to be 50 years old, traveling a lot around the world, in particular was married to British, and had no problems with immigration point vision. You must play a game. How am I?

I remember, closer to the end of mine stay in Great Britain I had to to go to have opportunity to return, because visa only for 6 months . So we timed it until now. We married to end of 6 months, and then went to honeymoon, partly because we had to go, I had to to leave the country in order to to be able to to return, and then return legally and all that. So, as if these things are enough known. Yes, people need a little be more careful to the rules they are subordinate.

Yes, I think so. immigration becomes increasingly complex, because I am more I'm studying because I'm starting. understand that there is a way, what are they like help support economy, and I don't I will say that it is profitable. to the oligarchs, because I don't I want to transform this is for a conversation about, how to eat the rich, but it rather helps hide: first, our deficit economy; second, this maintains the level unemployment; and on- third, it allows to Americans to support one's own lifestyle without need to do mass layoffs social benefits etc.

So, I think that the point is not that just grab people, resettle them and take it out. If you capture these people and relocate them, you will have to retrain a bunch Americans so that they performed this work. And many of these jobs will receive less help than they receive, so then you will have to stop helping. So you can't just deport, and this will solve your problem. It's like to deport, to do this and that, and this should be related to others things in our economy.

And I think, what about yours thoughts, sometimes we we treat problems with black- white: if all immigrants will leave, then Everything will be fine. And this like: "No, no." You have will still remain the same problems that decided immigrants. And then you will have to to re-educate a bunch Americans, and they still getting used to their privileges. So you don't you can just do this and thinking that everything the rest will be decided. I completely agree with this. . I think that considering on how it works the human mind and how works political process, you will have to deport people, and then let the pain go, which arises from this, generate the will to problem solving.

I I don't think you you can force people decide problem, while in system will not arise real pain. Yes, I am. I think Americans now feel pain from importing a bunch immigrants because that we have deprived ourselves of opportunities for employees to be strong enough, to get higher salary, but at the same time it was balanced by the fact that things became cheaper. And therefore it consists the impression that some people win, some lose. People who lose, feel that they don't have voting rights. AND so, I think, we finally we begin to be aware of this reality, but if the system is not in in such a situation, that we have no one, who would fill this work, then you never don't get into another one side of this.

You must to make it so that something like: " Okay, I'm like employer crying more, because if I don't I cry more, I don't I can ship your product." Hmm. And that's exactly what gives power in the hands employee. Yes. We'll see. Um, ah then the next thing in list—this madness. This is, um, the New York City Police Department. York...Good, so that to reorient, there was a woman who stabbed... Actually, you have ...Do you have this? Oh, I'm ready. Yes, 100% %. I don't think we we can show it.

Uh, you can. show a lot of things. You just can't. show when a person shot. Good. Tom, I will allow it. you have to deal with hereby. Tom saw it.

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