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So if you'd like to learn how it can help your business, head to netsuite.com slash Bartlett and free download the CFO's guide to AI and machine learning. That's netsuite.com slash Bartlett. We're potentially barreling our way into a world war. And it looks like World War III. And once wars start, it's really hard to stop them. But we have reckless people running some very large and important countries around the world and they're all lying about it. And here's the problem with normalizing lies. The Soviet Union collapsed in large part because it was built on lies. And you might be one of the most knowledgeable people that I think I've ever spoken to on the subject of World War III, but I don't know what the f*** is going on. So history's moving really fast. It's like the log jam's busted and we don't know which way it's gonna go and it's tremendously frightening. Putin decided to kick over the chessboard by invading Ukraine. Donald Trump decided to get into a recreational war in Iran and this war has trashed the US economy. It has blown the US alliance system, but it also has the collateral damage of taking down the world's economy. And this is the problem with having these dark personalities running countries. Like Putin, he doesn't care how many people he kills. These people are historically unqualified. But Trump has made a deal with Putin for diesel exports. Oh, this is disinformation. Russia has no capacity to export diesel in sufficient quantities to make any difference whatsoever. As usual, he's lying. Trump's not gonna back out of Iran. It doesn't sound like Putin's gonna back out of Ukraine. They're gonna go forever. If we continue on the direction of travel we're on now, what does the future look like? Well, you've got to prevent these things from breaking out because once they break out, then things are really over. So I can give you concepts. Here we go. Guys, I've got a favour to ask before this episode begins. The algorithm, if you follow a show, will deliver you the best episodes from that show very prominently in your feed. So when we have our best episodes on this show, the most shared episodes, the most rated episodes, I would love you to know. And the simple way for you to know that is to hit that follow button. But also, it's the simple, easy, free thing that you can do to help us make the show better. I would be hugely grateful if you could take a minute on the app you're listening to this on right now and hit that follow button. Thank you so, so, so much. Dr. Sarah Payne. You might be one of the most knowledgeable people that I think I've ever spoken to on the subjects we're gonna speak about today. And they are subjects that I think are incredibly timely, based on everything that's going on in the world. What I see is war over here, war over here, conflict over here, Putin invading this place, Trump's gone into Iran. What I see on the streets of Paris where we were yesterday is rioting and I see disorder. But I don't know what the first domino that fell that caused everything that we're seeing now occurred, or what the sort of background context is. So I'm gonna ask you, where does this all start? Well, history doesn't start, it's a long continuum. But I'll try on some concepts that might be helpful. The way countries used to organize themselves and often they were empires was by land, was a currency of power. So the continentalist world is all about taking territory for others, right? And when you're doing that, you're burning wealth because you've watched it in all these places. Then later, an alternate possibility came. It originated from maritime powers, but ultimately it becomes a maritime world order, which is something different. Britain is a maritime power. But then you get to the Industrial Revolution where suddenly you can compound wealth. And that's a game changer because it changes the currency of power, which formerly in that continental world I've just described, it's all about land. It's changing the currency of power to industry, commerce, and trade. That if you do those things, you get compounded wealth. And with that, you can buy your armies or do whatever you want. And then the maritime order is about compounding wealth from just having universal rules, like you've been traveling all over. Your little piece of plastic works everywhere, right? That's based on rules-based order. And then you've got a small company and you operate in various countries. No one's taking you down for your money that you're making. All your transactions are working across the world. This is the rules-based order. If it goes away, the billionaires who've been funneling their money into the continentalists, their world will disappear too. They will become casualties of it. And then when I think about what's important on this planet, it would be you, the young. Like, please tell me what is more important for the next generations that follow. Just tell me, what is it? Nothing. Are you concerned about the next generation? Yeah. Why? We're potentially barreling our way into a world war. We have reckless people running some very large and important countries around the world. And as you've noticed, once wars start, easy to do that part, really hard to end them. Why? Because whoever's losing doesn't want to lose. So they keep doubling down long after they've lost. You made a comment there. You said you think we're sort of barreling towards a world war. People have probably said that every year since World War II. Ah, do you have negative and positive objectives here? Ah, yeah, here we go. Negative and positive objectives. So, a positive objective, you make something happen. Like, I don't know, I want to snatch Maduro and put him in a New York prison. We can verify that the guy's in a New York prison. You snatched him, that's a positive objective. A negative objective would be preventing something from happening. And how can you prove how many times a world war was avoided in the last whatever years? You can't. And it's also controversial, right, on deterrence. Because you can say, ah, I've invested in whatever it is and this has deterred everybody. Then it's prove it. Well, you can't prove it. And yet, the example I use as a parent, if you have a little kid, a lot of it's negative objectives. Preventing the little kid from getting run over. You hold their hand on the street. If you're living in New York, how many times in a day, just walking up the street, did you save that child's life? Because you were hanging onto their hand before they took off into traffic. So negative objectives are incredibly important. And since I'm on this topic, governments, I believe, are primarily about negative objectives. Preventing disasters. So disaster number one would be like foreign invasion. But other things, preventing bridges from collapsing, we inspect them. Preventing all kinds of malpractice across professions. We license people. Everyone be illiterate. You have education. And so governments don't actually get credit for what they do because on a normal day, it's normal. So you think, well, my government hasn't done anything for me lately. Untrue. And that applies here to the idea that, you know, people have probably through history said that there was going to be a war a lot. And so, is there particular writing on the wall at this moment in the time? Yeah. What is the writing on the wall? Well, the Iran war is probably one of the most incompetent wars in human history. Was that a mistake? Well, yeah. Let's do some concepts of how to analyze that. OK. One is, in a war, if you're doing it right, if you really must have a war, you put all the costs on the person you're fighting and then you minimize costs yourself. Well, this war has trashed the US economy. It has blown the US alliance system. Yes, Iran is hurting, without a doubt. But it also has the collateral damage of taking down the world's economy. So this now transforms the United States to an annoyance to just about everyone's primary adversary for threatening their economies. That's breathtakingly incompetent. What was the misunderstanding? I'm not privy to the decision making. So let's do another thing about assessment. This is when you do an assessment before you even do a war, you need to look at not just my strengths, and if you're Iran, your weaknesses, which clearly that was part of the assessment. We're strong. We figured all that out. But also your strengths and my weaknesses. Oh, and plus all the other people who might be interested. And clearly that was absent. Or the people who should have been saying, hey, the first thing you're going to do is shut down Hormuz, weren't there, right? It's like a hot water bottle. If you cork that thing, it means anybody who lives there, who doesn't have an alternate coastline, cannot get things out by sea. Does that make sense? Narrow seas in wartime, easy to shut down. Ukraine shut down the Black Sea. These places closed down in wartime because between shore artillery and mines and other stuff, things don't move. So when the United States had its big base in, yeah, Bahrain, that's where the big naval base is. Okay, how are we going to get to the naval base? I don't think so. So then where are we going to go? Oh, we're going to have to go to Diego Garcia. That base would be 2,500 miles away. And that little base is like in the middle of nowhere. That would be a mess. And this is why I asked the question about the misunderstanding, because you think lots of smart people at the White House would have figured out. You're talking first Trump administration, when there was a guy named General Mattis around. We now have Major Pete. And Major Pete is really good at identifying Blacks and women and firing them. I mean, great Pete. And now they're doing testing on testosterone. I kid you not. And I don't know if you remember when you were an adolescent and testosterone's peaking, if we think there's a correlation with that in your greatest reasoning powers, I don't know. All right, good luck with it, Major Pete. So these people are not, they're historically unqualified for a job. That makes them profoundly dangerous. They've undermined the futures of their own children, and they're undermining the prospects for the Republican Party, which they care about. What do you think they thought was going to happen? How do I know? I'll give you another thought about just generics, what I call type A and type B American hubris. Type A American hubris is all decisions in the world that matter, they happen in the United States. Okay, good luck with that one. And the second one, type B American hubris, which applies to some of the tech bros, is just because you're really good at something doesn't make you really good at everything. And you need to have the humility to understand the limits of your expertise and when you need to listen to others. And another piece of it is listening to divergent opinions. So I can't find my blind spots, but maybe you can. And it's really important to talk across political divides, but what's going on now is just straight up yes men. And they've committed pivotal errors. They have permanently damaged U.S. national security. It's the first time in my life that I've heard of a U.S. president start talking about taking other people's countries. It's almost like Trump was talking about taking Venezuela. Yeah, yeah, yeah, he's a continentalist. And he's a real estate guy. Yeah, he sees real estate. He was saying he was gonna take Canada and make it the 51st state, I think. And then he thought that Iran would be a walk in the park, that he would behead the leader, that people would rise up. But I mean, this is what they said. Yeah, yeah. What's fascinating, if you study, so there's another one, what I call half-court tennis. Half-court tennis, you're only looking if you're American, Team America, and you just, you cross the net and you aren't even looking at things, right? And let's talk about football, and I don't care whether it's American or European football, it works either way, that those who are real football enthusiasts, they know not only about the home team, but they know about all the teams, right? All the major ones. And you all, you know about the players too. This is a recreational sport. And then in foreign policy, you're not studying the other side. And I don't know if you've seen Iran's Lego videos. Oh, you need to, on the plane trip back, you need to look at Iran's Lego videos. Oh, where they're taking the piss out of America. Yeah, they're taking these little Lego characters. What they demonstrate is the Iranians have a deep understanding of Americans, whereas Americans don't know up from down on what's going on. Here's another, maybe a concept that'll help. Situation or problem? In life, there are certain things that as desirable as they are, are just not attainable. Right, it'd be great if everyone on the planet was a multimillionaire, right? It's not feasible. And if you're going after an unfeasible objective, you're gonna overextend yourself. It's gonna have a very bad ending to it. A problem is something that maybe you can solve. And the United States, the greatest generation understood that Soviet Union, lethal threat, we couldn't solve it, right? You try to solve that, and it'll be the nuclear end to all of us. And so then what you're into is managing it. And then you use various elements of national power. One of them was sanctions so that you're gonna depress Soviet growth. And then, unlike now where we're tariffing everybody, crazy land, what you're trying to do is maximize the growth within your alliance system. So for those who behave, you wanna maximize their growth. Those who can't behave, you wanna minimize theirs so that over time, the relative threat diminishes over time. Does not solve it. And then you're also trying to get accurate information out, not propaganda, but accurate information, hoping that in generational change that maybe the other side reassesses. And if they don't, you're perfectly safe behind the castle walls. And you're handling this thing at affordable cost because the sanctions are really. costing them much more than you're costing you. A problem, if you can figure it out, by all means, solve it. But we're trying to solve Iran. There are 90 million of them. All right, now to give you some data on how to understand this, because I was trying to figure it out. Nazi Germany, and it had extended borders. It's not just what Germany is today. It probably includes Austria and other things. It had a population, I think, of about 80 million. Isn't Iran like 90 million? I think the occupation forces, best I can tell, and I'll defer to some World War II historian who tells me I'm wrong, is about one and a half million was the occupation force after World War II, just to occupy Germany. But that's not taking into account all the millions of people coming from Russia, everywhere else. So when you're talking Iran, equivalent size, it's not feasible. Why would you want to do it? They're a bunch of Iranians. You want to contain the nuclear thing at affordable cost, and that was the Obama deal, right? That was all the permanent members of the UN Security Council signed onto that, and the EU. They thought it was the best they could do. Had this really intrusive inspection system to get Iran to dial back its nuclear capabilities. Was it perfect? No, but it was feasible, and it mitigated the threat to make it bearable. Now, what's the lesson for Iran? What do you suppose the lesson is for everybody now? It's called get a nuke, right? With these wars, it's like if you don't have one, you're toast. We have incentivized proliferation. Putin with his war initially, and then us with this Iran thing. It's profoundly self-defeating. You referred to it as a pivotal error, which is another one of your concepts. Well, I think that these concepts, the reason for doing it is you can use them for other things. All right. Pivotal error is once you've made it, the choices that you had before, they're a lot better than the ones you have now, and you never get the old ones back. So you think about Vladimir Putin, his invasion of Ukraine, pivotal error. Russia has burned through its Cold War arsenal. Putin would have been much better when he did the easy walking with his little green men into Crimea and Donbass of just sitting with that and slowly destabilizing Ukraine over a number of years, right? Instead, he has massively contributed to Ukrainian national identity. National identities often come out of wars. In fact, Britain massively contributed to the development of the U.S. national identity during the American Revolution because it was all these separate colonies that by the time that revolution was over had a much more cohesive sense of nation and all these national institutions that grew up as a result of it. You see Ukraine's doing that as well. So pivotal error. And then for us, on the Iran war, we've lost our alliance system. Sure, someone else can reassess, and we'll try to restore stuff, but we will never be the trusted partner ever again. It's done. You said the post-World War II world is collapsing, and we are now going into a second Cold War that could end in nuclear war. What is it that's collapsing, Sarah? Well, isn't it the way systems work is by norms, that we follow norms? The way I think about it is like traffic. So most of us, whatever side of the road you're supposed to drive on in whatever country you're in, you do that. And then there's stoplights and you do that. And I get it that people speed, but mostly people are following the rules of the road. And there aren't nearly enough. If everyone decided to just do whatever on a given day, there aren't enough policemen ever to enforce that. It would just be mayhem. So the rules-based order was always based on norms of following them. And the US legal order was based on norms of everyone more or less following them. Give me an example of some of those norms. When you lose an election to go, I congratulate the other side, and I'll do better next time instead of, oh no, they cheated. Now, the United States is pulling out of this order. The existential threat that this is posing has led to the most rapid institution building in Europe. It's incredibly fast. Institution building. Yeah. You've got the Baltic eight. So you got Nordic countries, right? You got Finland, Sweden, Norway, and then Denmark. That makes four. And the Scandinavian countries. And then you get the Baltic, Estonia, Latvia, and Lithuania. And then Iceland's part of this as well. And so they've been organizing all sorts of security things together. There's re-militarization going on. There's also work on spaceports all over the place. Britain, since the 60s has had spaceports, so has Norway, Sweden. Britain's going to build a new one up in the Shetland Islands, and it's because you all are going to be launching your own satellite system. And I think also you all are sick of our credit card payment systems. You're going to do that locally. There's an app that's been put out. Apparently, if you're in Europe and you want to buy stuff, your app will tell you immediately whether a product is American or not. So you don't have to buy that product. It's called the B word, boycott, which is happening to America right now as a result of doing all of this. And you've seen Prime Minister Carney of Canada traveling everywhere organizing the middle powers. That'll be the new world order. It's unfolding. And the United States, it's gone rogue. As America, we're on the right side of two world wars, made an incredibly positive contribution in many, many ways. And what we're doing now is so negative, and it's profoundly negative for the futures of our children. What do you say to the people that say, Sarah, we should stay out of these wars? We should stay out of the Ukraine situation? By all means, do not send combat troops all over the place, which is what we were doing in the Middle East. You position people like Ukraine to succeed. You don't have to send any troops there, but give them what they need to solve this. That is the cheap thing to do. The uncheap thing to do is blow our alliance system. So now people are boycotting us. There are all kinds of industries in the United States that are being hurt by this from, what is it, Kentucky bourbon makers have to shut down? Could you not? Because the Canadians won't buy our booze. Think about if you have a business. Let's say Canada's only 5% or 10% of your business. Well, if they boycott you, that might be your profit margin. Canada's arranging to sell its energy to Europe and other places and trying to de-risk from us. And it's entirely our fault. We threaten them. People say that we don't want to have to pay for someone else's war, Sarah. We don't know how long it's going to last. It's going to cost so much money. What do you say to those people? It goes back to limited and unlimited objectives. An unlimited objective is regime change. And the most unlimited variant is genocide as well. So Hitler had both. And Putin has very unlimited variant because he wants to not only take over Ukraine, but he also wants to shoot up a good part of the government down to small children. He was trying to execute the Zelensky family. What person does that sort of stuff? In addition, he wants to eliminate the purveyors of Ukrainian culture and kill them. And that's called genocide. So you can have a whole continuum, right? You can have the most unlimited thing of genocide plus regime change, and you come a little bit over and it's just regime change. And then the limited stuff is, I only want half your country to... all the way down to, I don't know, I want you to be polite to me at football games, whatever it is. So this is where Russia comes in. I believe, and I could be wrong, and the key on being right or wrong is you should constantly reassess. Don't worry about being wrong. What you do when you realize you got it wrong is say, I got new information, and here's why I think differently. But I believe that Russia has unlimited objectives, that Putin wants to restore the old Soviet empire. There are many problems with that. One of them is you think about Russia. Russia's been the backwater of Europe forever, under the czars. Can you think of one Russian product that you have ever wanted to buy? No comment. Okay. And let me give you a little hint. Smirnoffs is a British company, right? They don't even produce the vodka. So it's these manufactured goods. No, it's just a basic primary goods. So it has a failing economic model. Then during the Cold War, it's exporting communism everywhere, setting back living standards everywhere. When you do that, it involves a lot of deaths because there are children who aren't getting vaccines, all kinds of things that are not happening when you're doing that. So that's what Russia's done. And now Putin thinks, based on his sheer legacy of incompetence, that now he has the right to rule everyone else. What's really going on? He's a continentalist. And so he wants to steal everyone else's stuff. In the beginning of the Ukraine war, people were stealing washing machines. That would be a rather heavy item to steal. Who would do that? Someone without washing machines. And the Ukrainians don't want to live that way. Did he underestimate them? Yeah, of course. That's typical. There's probably Russian type 8 hubris. The Russians are all superior to all others because they can't figure out what they're superior on. So they're going to come up with something that's abstract, like they're all, well, prove it. Zelensky told me that when the Russian soldiers rolled in, he found that they had brought food for three to 10 days. So they thought the war would be over in three or 10 days. And also that they brought uniforms to celebrate, to do a victory parade because they thought the war was going to be that easy. And what they were met with is Ukrainian civilians throwing Molotov cocktails at their tanks. Yeah. You look as if you have another question. It's interesting because, again, we were just talking about underestimating Iran, but there is a hubris as well that's taken place with the Russians. They've underestimated the culture of the people. Death ground. If you have an unlimited objective, what you're doing is if I have an unlimited objective against you, I'm putting you on death ground. What does that mean? It means if you don't fight, I'm going to just come kill you. And so your only alternative is to fight because they're going to just kill you. So if you have these unlimited objectives, expect one hell of a fight and it can transform the most dysfunctional country into a lethal adversary, as Hitler discovered with the Soviet Union back in the day. Stalin had shot a lot of his officer corps. He created a famine in Ukraine, which is a breadbasket, which is exactly what Putin has done to Ukraine now and what the United States is undoubtedly doing to Iran. My understanding is the Ayatollah who's gone was against having nukes. No one says who comes after him is against having nukes. If they're on death ground, as long as Donald Trump and Bibi Netanyahu are in power, what do you think they're going to do? They're going to cause trouble until those two people are out of power. And so people who want to keep Netanyahu and Trump in power longer just understand it's going to make Iran go on longer. And then I'm terrified that Trump will do something like drop a tactical nuke somewhere and then things are really over. The United States will be forever this despicable country. The only country in the world that's ever dropped nukes on anyone, twice on Japan, and then we're going to do a third on Iran. Do you think that's plausible? I have no idea. If you had told me 10 years ago that where we're at was even remotely positive, I would say you're insane. What have you been smoking lately? The United States was going to toss our alliances, tell Canada, you're our 51st state, and then tell Greenland, P.S., we're going to take Greenland from you and therefore behave yourselves. I would have thought that just ludicrous. Who would do that? What do you say to people who are experiencing their gas prices go up at the pump? They're seeing costs rise because of this war, because of the energy shock that's taken place because of it, and they want it to end. So they're saying, listen, vote. One-third of Americans voted for where we're at now. One-third voted for anything but this, and then one-third couldn't get off their couch. Get off your couch and vote because it matters for your children. That in the United States, Americans need to start talking to each other, this only-my-party-can-win? Crazy. A two-party state is absolutely necessary because how do you see blind spots? Also, you will watch Trump. You want your gas prices to go down? He's not going to reassess on this war. He's just going to keep on going. The way you reassess in democracies, since people are reluctant to say, gee, I got it wrong, and we all get it wrong, is you elect in the other party. But if I just think about what's going on here in Europe, because I'm thinking about a particular friend who's been doing some tweets recently, and she's been tweeting that because the costs in the UK seem to be rising, petrol and other things, we should just let-this is what she said-she said we should just let Russia take the Ukraine, and then that'll mean that energy will be stabilized. I get it where she's coming from. I get it. But one of the staples in war colleges is the enemy gets a vote, meaning that the Russians are going to come for you whether you like it or not. How do we know that? You don't know, right? You don't know. But I can look at Russian history, they're continentalists, they go forward, forward, forward. And then I think you've got some kind of map that shows what Transnistria and all those places. I want this one. Yeah. All right. So if I can do it this way. The places that Putin has taken well, this one's earlier and uh, this one comes to the end of the cold war This is his buddy. So he's basically taken by the russi, but uh, yeah Yeah, that's right. And so and he's taken all this stuff from ukraine But these places he took, uh, what is he putin comes to power in the second chechen war and russians like that Uh, that's how he rises and then in 2008 he goes after georgia and helps these two places Separate but if you look at it if you could draw a circle here It's a continental. I don't know if you ever watched the jetsons the uh cartoon where you got a spaceship It's round continentalist is looking at their dashboard It's about 360 degrees around their little spaceship on all those borders and you want to extend outwards So this is the the plan a and then after you get plan a they keep on going It's been this way for a long time And for your friend it'd be like Uh, what evidence do you have? Uh, show it to me that they're going to stop Show me that what in their in their history gives you that I understand that you wish it to end This is another tragedy so we had The cold war that ended on western terms With bush senior and helmet cole did a masterful job at war termination truly masterful on on western terms And then we had the magical this when you were growing up the magical intercal war period where china and russia turn inward And the united states is more or less following the rules So that you don't have opposing sides Funding opposing sides of insurgencies all over the world and wars just torch Wealth right think about if putin keeps any part of ukraine It's a glowing mess, right? It's been leveled You're just destroying things but they're going to continue to fight as well, aren't they? This is what zalinsky told me. He said they're going to go forever when he said he's the real person He said something to me which I found to be quite illuminating and I don't think people consider he said to me He had gone and found just one example a trench What the russian soldiers had left where there was 500 tortured bodies in it? These bodies were tied up. Oh god, um, and they were of all ages and he said It's he kind of implied that it's very naive to think that the families of those people in those ditches Are just going to allow There to be a sudden stop to this And that they're not going to continue to want revenge and zalinsky said to me He said after seeing that and he said it he said and I probably shouldn't say this but he said that he wants revenge he says that if you see what I saw you would want revenge the russians are It's unspeakable what they've done In most of my life Germans wore the crown of infamy for what had happened in world war less so world war one, but it's world war two where they just it's really Takes heinous to a new level. Well vlad the bad He is now owns that crown for russians going in because germans have reformed their educational system And there's no german now who has any responsibility for what happened back then But there are lots of russians who have responsibility for going on right now and oh another piece of russians They go. Oh soviet union has nothing to do with us. That's you know, we're russians. That was the soviet union. Excuse me Russia is what ran the soviet union. It's yours. You own it And you think about like the way french french use the word france It includes all five republics includes all the monarchies includes napoleon and stuff. We all know. It's france It's just the russians who are trying to say. Oh, it's the soviet union We had nothing to do with that. No, you had everything to do with that You're unrepentant So for your friend if you look at the long arc of russian history, it's terrible It used to be under the romanov dynasty at least they aspired to have Connections with western europe, although I think nicholas ii said well, you know, we're 200 years behind so we're going to do Do it our way. Well, once you get the communists They want to overthrow the entire Capitalist world order and putin hasn't changed the continentalists are profoundly dangerous What they want to do is divide the world into spheres of influence Like the old empires of eurasia And so they're going to be fighting on the edges of these spheres of influence about who gets what who are the continentalists russia china? Yep, russia china, uh donald trump. He's claiming canadian territory. He's claiming Greenland he's uh kidnapped a head of state. Uh, I get it. The guy's reprehensible. I'm no fan of maduro I mean look at the war we've discussed all the problems from the war in iran You're talking about your friend in britain who's being wrecked by the petrol prices. Okay, whose fault is that? Trump's yeah, it is trump would say it was biden's fault. Oh, everything's biden's fault He you know, he often his favorite line is to say this war never would have happened If I was in power That's what he says all the time. Yeah, except he started this one. Uh, so It was fascinating In having studied foreign policy forever. It doesn't make me write about anything, but it's really rare Or like domestic policy as well that you do a policy. Whatever it is put a new law in effect And then there are consequences of it, but the consequences usually roll out out out over years So it's hard to say Did this law exactly cause this outcome? It's hard to say Not in this war, which one uh the iran war. Okay, it's just obvious Every time you load up at the pump, you have a weekly reminder That donald trump's war has done a number on you It's not biden He would say we couldn't let iran get nuclear weapons It's much more likely now that they will get nuclear weapons doing what he's incentivized them to get nuclear weapons Here's my my thing about donald trump, is he known for for um providing accurate information You know the answer to that question as do all of your viewers and here's the problem with normalizing lies Which is what's going on in the united states a no one likes being lied to right? If you're an insider trader, maybe you like it If you you get your little truth and then you everyone else is being lied to all right The soviet union was a society that collapsed in large part because it was built on lies Here's how it worked if you since it's all run by a plan this communist plan So you're running your little let's say they even had podcasts And you decide however many cameras you need a new year and how many you got on stock or whatever you think your staff is You're going to exaggerate what you think you need because you aren't sure the plan is going to give it to you And you're going to understate what you have again because you're not sure you're going to get things So everyone's doing that across an economy. They're aggregating all that data It's garbage the further up the food chain you go the more ludicrous the data is but they're in central. Moscow They're coming up with a plan that's going to allocate things. They're grossly misallocated Capital labor and they don't notice that it's a disaster until it's metastasized Metastasized And it shatters the place another thing to give you an economy doubles At different growth weights according to the following equation The natural log of two over whatever that growth rate is if your economy Grows at one percent per annum. It'll double in 69 70 years something like that If you uh grow at three percent, so it's two percent differential. You'll double in 23 years so if you do dumb assery like tariff yourself Or you get into a war that's gonna send prices up and just mess things up Or if you're a little smarter and you sanction the other guy so only the other guy is experiencing this And you knock off two percent growth Instead of waiting 23 years to double you're going to wait 71. That's a long wait. So These are the things that people aren't considering Of the cumulative effects of making the kind of errors that we're making Also the advantages of sanctions over wars sanctions don't solve problems But you're shrinking the opposing piggy bank and if you cooperate with allies you're growing yourself So it's a form of chemotherapy. You don't eliminate the tumor, but you Try to shrink it back You have a phd in russian. Is it history? Yeah. So what does russian history tell us? Is and I guess geopolitical history generally is likely to happen next As it relates to the russian ukraine situation and is it dependent on what other allies do? Or do you think? There's already a pivotal error that's been made by putin. Oh, yes. It's already done. He's just going to go forward He's just going to go forward. He's just going to escalate and keep going forward. Yep, because he can't can he can't go back He doesn't strike. I mean, well, this is a problem with dictatorships what's wonderful about elections So they throw you out of office, but no one kills you No one takes your bank accounts away it really takes a lot of the uh Uh the white knuckle event out of it and in russia on your stalin when he's busy shooting everybody he dies and Eventually you get khrushchev as his successor that successor generation decided they wanted to Make it so you didn't get killed when you left office that they send you to your little dacha Or that's your summer house in russia Uh putin's problem is this is a problem with dictators for many of them. There's no off-ramp where they're alive Right what happens to putin when he uh, he gets swapped out of power if he just dies naturally Okay, then that happens to all of us But he's arranged it. So there is no retirement plan except something really ugly. Why how a dictator? Well, how would you ever replace putin in russia? Can he just step down and go off to his mansion and chill out? Probably not because uh, There will be people who will come kill him On his immediate entourage. He's the whole protection racket. That's running stuff Is it possible for him to be overthrown by the russian people? Yeah, it is possible because it just seems like he's got such a tight grip on. Oh, well That's the thing about dictatorships is they seem eternal until the day they shatter and then it's impossible to predict How do they shut down? Oh the ramanov dynasty nicholas ii like vlad the bad Uh decided to get into a recreational war. They didn't have to which is the russo-japanese war of 1904 1905 And why russia this is the whole thing about russia. Why does russia need more territory? It is the largest country on the planet Right, they have tons of resources their problem is they have no economic model to develop it Because they refuse to go by the norms of having rules so people can start businesses like a young person like you Who can start a business and then when you start doing well, you can actually keep your money That's not what happens in russia. You'll get shaken down So nicholas ii does that war he loses it, but then there's another concept Opportunity costs So if you spend all of your money fighting that war, what are you not doing? You're not building a railway system here in the western part of russia So come world war one Nicholas can't deploy his troops very well. He's got no way in For his allies to supply him because russia's this is russia's stuff Uh main ports for getting things by sea or here the baltic or here the black sea well those things shut down in wartime, right? Nothing goes through them So if nicholas hadn't done his dumb assery here and built railways, he might have had a different outcome. And why does he get overthrown? Because there are food riots in saint petersburg. That was the capital in those days Okay, better railways you would have delivered the bread better. Also, you might have gotten food aid from other places Uh, these opportunity costs are huge now vlad the bad has done his magic here Who's supporting him? Well? China is providing what's vital for him right now. Why are they supporting vladimir putin? Why not? Oh god, why don't they just stay out of it? from their point of view they want the united states just out of everyone's business and They also don't particularly like russia either. So if russia's going to go weaken itself here uh China will benefit from this chinese their resources. My graduate, uh dissertation was a history of the russo-chinese border and russia took territory from the chinese sphere of influence Greater than all of us east of mississippi. It's all this stuff that was a Part of the chinese sphere of influence. You want to tell me the chinese don't remember that So china are supplying russia with resources they need yeah to make missiles and things They're charging them for that. Of course. They're making money from it. Oh, yeah Yeah, because their russia is has been sanctioned on its energy and other things So china's getting all these things at much reduced prices And they're driving a hard bargain And the russians in the past had all these nuclear weapons and other things to dissuade the chinese from playing. Mr. Tough guy except vladimir putin Has squandered all of that. He can't even deal with ukraine let alone this So they've done a massive pivotal error. They're in real trouble and then they're not even having they're not having kids And so the the long-term effects are getting better and worse and worse from them Russia have the missiles just to flatten the ukraine, don't they? I don't know the details Uh, they have like nuclear weapons. Yeah, they do. They do. Um, this is beyond my expertise And um in order to have them you have to maintain them and the russians are consummate liars who knows Who knows my understanding? Uh is that india and china have told russia that would be a massive no-no if they do that but when people get cornered Uh, then others have no influence over them and when they're totally cornered So I don't know the answer So it sounds like from speaking to zalinsky he will not yield An inch of ukraine. Yeah putin and it sounds like putin Has to walk away looking like he got a victory of sorts for his people and for his power And really for the message, you know to some of these other people that he sits on a border with into nato, I guess The two things can't be true in my view No, that's the problem with uh unleashing unlimited wars Uh world war ii Uh, yes the allies won but at obscene cost right of millions of Russians died. Millions of others died. What is it supposed to be? Fifty-five million people died in that thing? You want to do that over again? Really, these unlimited wars are ugly. It is not the way to handle things. It is far better to deploy your diplomats and lawyers to international institutions. Sure, the deal isn't perfect for what you wish you had gotten, but the wealth will compound if you have people your age to go start their businesses and have laws that allow them to do it, instead of trying to poach everyone's stuff. That is the way to do things. So, yeah, of course Ukraine won't give up, and we should support Ukraine, because they're doing the heavy lifting for all of us. That's the answer to your friend. You want to be fighting on the front lines? No. So help them. Morals matter in this world. They matter. Honesty matters. Civility matters. All these things matter. Oh, and there's another piece I think matters. What do governments do? Primary things. Protect your national security. That's number one. And protect your prosperity. Try to increase your prosperity. Those are two. So, for your friend, what is going to protect British national security? And that will involve Europe, because if Britain's alone, it's not going to do well without Western Europe being healthy as well. Has this somewhat fallen at an unfortunate time, because Europe is not doing the best economically at the moment, and there are lots of internal conflicts taking place? I mean, I was in France yesterday, and I left my hotel. The streets are on fire. At nighttime, there's balaclava people running into all the shops and smashing them to pieces. Then I think about the UK, maybe not in a worse position, but I actually read, just before I came out here to speak to you, I read a headline from the Sunday Times that reads – this is in today's newspaper – Britain is going broke. It's just a matter of when. With three trillion debt and interest of $110 billion a year, the new Chancellor has little room to manoeuvre, from Jessica Cook. This is like the sentiment that is quite imprevalent at the moment in Europe. So, when you think about spending money on another nation, this is probably one where there's a lot of people that are against it. Europe feels weak. DG Yeah. And here's the story for your generation. Because I'm going to age out of this mess, but you're going to have to live with it. Think about the generation at the end of World War II. Europe's levelled. Everyone's indebted, right after that war. And that generation, within 10 years, had set up the institutional architecture that held the peace in Europe for the next three generations. That is quite an achievement. And what's going on now is history's moving really fast. I mean, it's like the log jam's busted, and we don't know which way it's going to go, and it's tremendously frightening. But on the other hand, it is a tremendous opportunity, before the concrete sets again, for people to get moving. What is it? When the going gets tough, the tough get going? Get going. And work on the next set of institutions that will help growth rates in Europe that have not been great, that need to be better. Probably part of that has to do with streamlining regulations, and then that's beyond my capabilities of understanding. Americans think all their problems are about immigrants coming across the border, right? And I'm all for having legal immigration. People should have to follow rules, etc. You don't have to be cruel on how you expel them. You can do that humanely. Being gratuitously mean, I don't see it. But so people, as in Europe, identify that there's this problem that for the young, it's just hard to make it. What's going on here? And this feeling there are no opportunities, and it's just hopeless. Okay, that's probably a correct identification of problem. But in the United States, I suspect the answer is not immigrants. It's probably our tax code. So tax code is what sends money one way or the other. It's what's going to make money available for spending things one way or the other. So the United States, you've got a handful of people who become billionaires literally over the last 15 years. Can't do that without the tax code. And then there's, I know another piece in the United States, you know, monopolies, right? You own all of a particular industry, and then you can set prices, what you sell stuff at. But then there's monopsony, which means you hire such a large percentage of the workforce or in what a particular area you're at, you dictate wages. Well, we got problems with wages in the United States that they've been driven downwards. And people are working 40-hour weeks and more than that, and they can't make ends meet. What's going on here? They're being underpaid. And then the money is just being funneled into a handful of families' coffers. I think in the United States, there are apparently 1,000 families that are worth a billion or better. It's not actually very many people. Because the world is different now, and there's a sort of digital assets, at least assets that you can move digitally. Is it harder to use the tax code as a tool for fixing inequality? I mean, you'd have to talk to a tax specialist, but the U.S. tax code... That allows people to become hugely wealthy is an error. Well, this is where there's a missing podcast in the United States, which it would be someone actually reading the tax code and breaking it, literally breaking it down into pieces, and then talking the human connection of it all. And there's a lot of there there, but it hasn't been, I guess, it'd be too boring to read it. I think actually, there's a lot in there. I have a stat here that genuinely shocked me. It says that sales teams spend about 50% of their time on admin and manual CRM updates rather than selling. That is deadly for their bottom line. And that is part of the reason why a decade ago at my previous company, I switched to using Pipedrive, who are our sponsor. If you've never used Pipedrive, it is an intelligent AI-powered sales CRM, and they just launched new meeting intelligence features like an AI notetaker built right into the CRM. Pipedrive now automates more of the admin that stops you from doing the work that you love to do best. 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So if you want to lose a couple of pounds, let's say, and you have a calorie tracker, you have some electronic weights, you have an AI that's coaching you every day, that's more complexity to the process of losing weight. And that idea of always simplifying things is what reminded me of our sponsor, Boncharge. Boncharge's red light face mask uses optimal wavelengths of red light and near infrared light to support your skin's texture, tone, and elasticity. And the best part is you only need to wear it for about 10 or 20 minutes a day for a couple of weeks to notice a difference. And for a limited time, my listeners get 20% off when you order from boncharge.com slash DOAC. That's B-O-N-C-H-A-R-G-E dot com slash DOAC. You'll also get free shipping and a 12-month warranty. The midterms are coming up. For people that don't know what the midterms are, which is probably most of the world, what is the significance of the midterms and what is it? Well, you're electing a percentage of the U.S. Senate and all of the House of Representatives. The House of Representatives, each term is two years. Senators are six years. And the Senate seats are staggered, right? So you're doing a selection of them. And then you're doing governors as well. So let me repeat this back to you and tell me if I've got it right. So essentially, in the midterms, right now, Trump has power because he controls the House and the Senate in terms of there's more Republicans and the Supreme Court. But in the midterms, it's very likely that he will lose the Senate. That I don't know. There's much speculation. The polls suggest. The polls were originally he might well lose the House, maybe the Senate. Now it looks like both. But then if he's going to be sending ICE agents to all the polling stations and then people are going to walk away with the voting machines. And he's offering people $5,000 if they vote for Republicans. Well, this is called the end of the norms. And if Americans, it's going to be a national IQ test for the United States on how they vote. Because every time they go to the pump, they know why the prices have gone up. What's sad is people often identify with party. Parties come and go. The Republican Party today isn't remotely what it was with Eisenhower or Ronald Reagan. It's a different party. It's all about one guy. And you should identify around what your goals are. And I recommend protect national security, promote prosperity. You can look at this war and go, it's wrecked both. And whether you like the guy or don't, it's his fault. And it's the fault of the party that has enabled him at every point. And Pete Hegseth, who's a major, it's an okay rank, but not to run the Pentagon. The Republican Party confirmed him. It was an act of supreme dereliction of duty of doing that. They could have demanded another General Mattis, and we might not be in Iran today. And if Trump loses or the Republicans lose the midterms, essentially what it means is they're going to have to cooperate a lot with the Democrats. No, they're not going to cooperate. They've made clear they're not cooperating with Democrats. But to get things passed, that would be bipartisan. They've rejected being bipartisan. The old Republican Party, yeah. But how do they get things passed then? They won't. But Trump has executive power, so he can still sign executive orders. Yeah. And this is another thing about norms. He just does things and changes facts on the ground. If it later turns out to be illegal, he's already done the thing, right? There's this golf course that he cares about in Washington. He's cut down all the legacy trees. I mean, imagine, what is it? Richmond Park in London. Imagine someone goes in there and just levels all the 800-year-old trees. There's no walking that back. That's what he does. Does the West have an enemy? And if so, who is the enemy? Because we often think, oh, it's China. Oh, it's Russia. It is. Let's forget about the West. Let's talk about Democratic Corps. Okay. What's Democratic Corps? The Democratic Corps in my books are the democracies. And so it's Western, it's through Central Europe. It would be Japan, South Korea, Taiwan, New Zealand, Australia, definitely Canada, the United States. No. I mean, we're threatening to invade Greenland. That does not make you the Democratic Corps when you do that. I mean, we're threatening to make Canada our 51st state. Who the hell does that? Why do you think Trump is saying that? I have no idea. I'm not a psychiatrist. Well, you follow his recent speeches. Can you follow them? Well, I'm asking you because you've studied dictators. I haven't studied a senile narcissist. The problem with, say, little Taiwan and China, look at Taiwan. It's like 1,250th the size of China. I mean, give me a break. It's a little teeny-tiny place. Why does China give a damn? There are a bunch of Taiwanese sitting there. Why would you care? It's because it's showing that you can have a vibrant democracy. The preponderant ethnic group of China is the Han, and their rather racist ideas were that, well, democracy is not, and the Han are mutually exclusive. Well, the Taiwanese have proven that that's nonsense. And for these dictators, it's like, why not hold a fair election, boys? Because they wouldn't be elected. That's why. If there were fair elections, Xi Jinping would no more be the head of China, nor would Vladimir Putin be the head of Russia, right? And they regard that as the existential threat. On the other hand, what is it, the sorts of societies that produce massive wealth? The democracies. Why? Because we tolerate each other. We give each other legal protections. We allow people to start their businesses and keep the fruits of what they make from these businesses. Whereas these other folks, if you think about when China became wealthy, it's when it joined the maritime rules-based order and when it was following the rules. Now, it hasn't done it yet. It can compete compounding wealth, but not if it's going to be launching some wars. That'll be it. China seems to stay out of wars. What do you mean with Vietnam? It's been a while, but China is created over a succession of wars. Basically, the Qing dynasty falls in 1911, 1912, and then you have what's called the warlord period, where all the different provincial leaders are all duking it out with each other. And eventually, that coalesces into a bilateral communist nationalist fight circa 1927. So all that's going on in the background. And then you have the United States in its infinite wisdom, the first America firsters in 1930. in response to the Great Depression, decide they're going to put huge tariffs up. And the economists come to President Hummer and say, buddy, don't do it because everyone else is going to respond in kind and he does it anyway. And then we're into a massive trade war, right? America puts up tariffs. What do you suppose everyone's going to do? Put up their tariffs. And then you're tanking economies globally and it deepens the Great Depression. So here's trade-dependent Japan going, now what? We always cooperated with these people. Now they've shut us off. So they decide in those days, the only solution is we need an empire large enough so that we can become self-sufficient. So they move into Manchuria in 1931. So the reason why the Japanese attack Pearl Harbor later on is because the United States is sending aid to China and the Japanese want us to stop. So they attack Pearl Harbor, which in those days, Hawaii's not a state, doesn't become a state until 59, looks like it's a US colony. And they thought we'd wise up and quit, but now we double down, we come after Japan. So think about it, massive warfare that's tearing China apart, starting right after 1911, 1912, continuing all the way through 1945. Then you have the Chinese Civil War that does not end until 1949. And then you have all of Mao's political campaigns, anti-rightist. Oh, you have the Korean War. That's the other one from 50 to 53. So that's another war. And Deng Xiaoping does his number on Vietnam, and that's costly and it's short and quick. And before then, there's the 62 Border War with India where Chinese trounce India and turn India into a permanent enemy. That was a mistake. Then you have anti-rightist campaigns, Cultural Revolution, where Mao is churning things so that he remains in power. Oh, and while all that's going on, you have the Great Famine, which is created by his great leap forward, keeps exporting food because that's where he gets his pocket change and people are starving. So after that, you think the Chinese want any more wars? They want to chill out of this thing for a while. But basically, all those people who did all that fighting and might have a sense that maybe you don't want to do any more of that, they're all dead. If we continue on the direction of travel we're on now, what does the future look like? It looks like World War III. Back to the negative objectives, you've got to prevent these things from breaking out. Because once they break out, look at Iran. Is Donald Trump going to want to back down? No. He's going to want to show that somehow he's won. This is a chart showing how many nuclear warheads each country has. When you say that World War III could be next if we continue on this trajectory, my rebuttal is, but we now live in a nuclear-powered world where if any one of these players gets into a serious situation, they could basically wipe out life for everybody on planet Earth. So does this keep us safe to some degree? No. Mutually assured destruction? Putin has already taken that little thing and flipped it over. When he is threatening NATO countries, he has been violating the airspace just in the last few days, sending drones into the territorial waters. I thought of Bulgaria and Romania. You can correct me if I got that wrong. And they were shot down there. At some point, you're into Article 5 territory. Europeans don't want to do it because it'll be an ever-loving mess. Article 5 being NATO's? You all go to war together. That's part of NATO's treaty to defend every inch. That was the strength of it. While the generation who remembered World War II, while they lived, they were really careful not to trigger that. And that's not true of who we've got now. If Putin invaded Poland, do you think World War III would begin? Yeah. You think so? And what would World War III look like? Because my memories are all… Look, I have no idea. But you can get on a nice computer program, and you can pick your megatonnage of your nuclear weapon, and then you can put it over a city of your choice, and you can look at how many people die. It's obscene. And this is the problem with having these dark personalities running countries. Like Putin, he doesn't care how many people he kills. There's a problem when people like that reach those positions. We human beings have real trouble identifying dark personalities until they become Adolf Hitler and go, oh, whoops, there are concentration camps going on here. And I think it's because most of us can't imagine wanting to inflict that kind of obscene pain on other people. But you can see the consequences of putting them in power. It's really ugly. Trump's not going to back out of Iran. It doesn't sound like Putin's going to back out of the Ukraine. There is a solution for the United States, is when the next Congress impeach and convict him, and then just say, sweetheart, you're retired. Someone else is going to have to then step into his shoes. Well, yeah, but this is the problem with the pivotal error. Whoever will do it will back out on really bad terms. And I think the Republicans want the Democrats to do that, because then you can go blame the Democrats and say, no, it's your war. In fact, on wars, look for those who start them. Those are the ones you want to blame, not for those who end them. How do you think history is going to remember Zelensky? He's a hero for all time. Oh, you met a great statesman. There are very few of them. He's one of them. Yeah, think of him. He could have left Ukraine, right? He told me Biden called him and offered him a ride. Yeah. What was the famous, I don't want a ride, I want, what is it? I want ammunition. Yeah. He's also a man who can really communicate, and I cannot believe that we're not supporting him. It is one of the most clear-cut wars of aggression you can possibly imagine. And then the brutality with which the Russians are treating people. And you're going to ask yourself, who are these people doing these sorts of things? There's something wrong with them, and you don't want them anywhere near the rest of Europe. And I get it. It's really scary, but it's scary because of these people. The Russians? Yeah. You need to get Ukraine totally on its feet, and Russia to cease dropping ordnance on everybody, and give them a massive time-out from the mental powers that Carney and friends are busy organizing, even as we speak. They've done a lot of work in the last few years, and they'll do more. Do you think the world is pulling away from the United States? Yeah, they're fleeing. The United States takes good old Maduro, so what's everyone else doing? When you have a heart attack, like the United States can just take your leader away, what would you do? You're going to counterbalance with China as the less lunatic option. So here's the United States wanting to proclaim this a US preserve. Well, what we've done is guaranteed that these folks are going to be incredibly welcoming. Isn't that a real paradox of strength, that the minute you use it, you kind of lose it in a weird way, almost? Because the United States really flexing their power, and threatening people, and going into Iran, and going into Venezuela, has actually made everyone else feel less safe. Oh, we've killed our power. So they've gone and partnered with each other. And actually, what do they call it? Peace through strength, or strength through peace? Probably strength through peace. Something like that, yeah. Everyone knows you're strong, so you don't ever have to really prove it, and that's kind of what keeps up the illusion. If you look at global wars, and what they are is over the nature of the world order, of whether it's going to be these continentalists, ruled by dictators, who, if you lived in Russia, if someone wants your business, and if they're connected, that's it. They take your business. It's just, oh, and by the way, you're going to be put on the front lines. You have no choice. It's just the way it goes. Or are we going to keep going with democracies? And democracies are the only ones with really high per capita standards of living, right? Democracies are the ones that are really capable of generating wealth. It's been wonderful. And then there are many things that I find appalling. But as the United States is picking on immigrants, so they're worried about the one-off illegal who murders someone. And that's terrible. I get it. But I'm thinking about the tech billionaire immigrants who are now buying our elections. Elon Musk has put $160 million into the state of Texas. He's a dysfunctional South African. What right does he have to buy our elections? I used to live in Texas, and they have a saying, don't mess with Texas. Really? So you want Elon to be messing with you in this way? And then the other ones as well. There are many of the tech billionaires, not all of them, but many of them are foreign born. No problem with that. No problem coming to the United States. Every problem when you're trying to take down our democracy. And just so you pay, you're afraid of paying higher taxes. You're afraid of people regulating your media platforms so that there's some way to slow down on the lies that are going through. Americans have missed it who in the dangerous immigrants are. There are a handful of them, and they're trying to buy our elections right now. How dare they? I mean, in recent weeks as well, America seemed to have turned against Zelensky and Ukraine. America didn't. Donald Trump did. Donald Trump has certainly. He's not America. He's himself. That's incredible. Yeah, he's killed the US legacy. Wasn't a guy who goes through serial bankruptcies and because he's rich and has lawyers, you just leave the trash behind him and he moves forward. America did vote for him. Yeah, a third of America voted for him. Third of America didn't. And the other third wouldn't get off the couch. They need to get off the couch. And reassessment, it's not a bad thing. It's not a bad thing. It's sure Americans were correct that it's not working for Americans. Therefore, they voted for the guy who was going to throw over the chessboard. Well, it turns out that was worse than the alternatives, right? And the thing is not to double down on that. Like, for instance, if I buy a lousy pizza, I thought it looked really good. I'm not going to go tell you it's a good pizza. I'll tell you it's really lousy. I bought it here. Don't ever touch it. Okay, you do something really consequential, like you vote for someone who gets into a war that's tanked the economy, and then you're not going to reassess. Isn't life that as you live, you learn things? Like at your age, you think you've learned everything you're going to learn for the rest of your life, that everything that there is to know in your life, you already know it right this moment? Of course not. Right. And it'd be like death in a way if this is it. And so presumably as you keep going, you'll go, oh, I used to think this, but now I think that. Do you know, I'm 34 years old now. I've just turned 34. And I say that in part because when I sit here and I hear people like yourself who understand history better than I do tell me that there's a danger or a threat of a World War III, there is part of me that has grown up with such privileged order that just can't imagine it. Amen. I can't imagine bombs flying over my head. And I've just never seen it before. Would you like President Zelensky's memories of the things he's had to look at? Yeah, he told me. Yeah, he started out like you. He hadn't seen any of this either. And then he doesn't have the pleasure of averting his eyes. What is your message for people like me that have grown up in very sort of privileged Western lives, democratic societies, who are seeing all this stuff happen around the world now and to some degree, I guess, we're at risk of turning a blind eye because we haven't, we don't know history that well. And our history is a short one, and it's an orderly one. And things happen, but they happen far away. Well, I feel like starting on an apology that what my generation is leaving you is such a mess. And you're supposed to make it better for the people who come after. And not all, there are many who've made it better, but currently the United States is making it a lot worse. And I cannot tell you the sorrow I feel for the negative things that the United States is doing right now. For young people is I urge you to read and to keep learning throughout your life, to talk to other people, talk across these silos that divide us and be polite to each other. And vote, get out there and vote. And it's your civic duty. It isn't that hard. You can arrange your day so you can show up and vote. Do you not think there's just so much going? I don't know whether this was always the case to history, but for young people these days, in part, because we're so connected to the internet, we're seeing war over here in the Middle East. We're seeing war in Ukraine. We're seeing Iran. We're seeing this situation of Gaza. We're seeing this thing called AI coming in and they're telling us we're going to have no bloody jobs. You've got global warming over here and they're saying everything's going to flood or burn and forest fires everywhere. It's a lot. Yeah, it is a lot. But here's the flip is when I meet people, and you've met many more people than I have with your job, there are many more wonderful people all over the world. The dark personality types are actually very few in number. And all the rest of us, if we all do what we can in our various spheres, because we all do different things, we will get through this. So I'm a retired professor. What little can I do? I can give you concepts. Ah, go into disinformation. That's what Putin does. Then when you believe it, but don't know it's lies, you're spreading misinformation. So that's a problem. What other concepts haven't we covered that are pertinent? Oh, I know what we haven't covered. All right. So let's talk about tactical level tactile. Anyway, the tax. Tactical level of war would be I got a tank. It has certain capabilities certain range It's got certain armor or certain things can take it out. Oh, oh you I love it guys in there Thanks, okay, but then at the Operational level you're either gonna fight a battle or a succession of battles Which is called a campaign and then you put together tank units and other different units and you're going to use I don't have an information Campaign whatever and It's probably to take that hill or do whatever But then there's a level that really counts just this on the strategic level like why are you fighting in the first place? It's like hey Donald. What are you doing in? Iran so at the strategic level For politicians it should be protecting our national security and promoting national prosperity That's what it should be and in the war in Iran. You're worried about non-proliferation Except that war is incentivizing proliferation in the worst possible way and it's doing in an incredibly Costly way. So here's the problem with Republican Party This war and the guy who's running it and his truly incompetent administration They have enabled him to do all these things that have by blowing our alliance system That's the alliance system that will protect their children and their grandchildren. It's bad for them. So they're at the operation So if now if we're gonna apply this to politics, they're not doing war you can have tactics Which might be oh since you were talking to President Zelensky So one tactic which I've described before is when Trump had him in that Oval Office Evil interview where the two native English speakers Trump and Vance are going after Zelensky who's must have thought it was a routine Photo-op and they're trying to humiliate him in public. You remember this so that would be a tactic right other tactics would be Denying who who won the election? Joe Biden won the election the evidence is in on that all the rest of its lies at Politics operational level is going to win the election. So that's where the Republicans are all focused right here. They're going if we dump the orange guy We won't get reelected Maybe in fact if you dump the orange guy in first term, it would have been so much better for you or better yet Don't support him in the second term be so much better for you'd actually have a functioning Republican Party on your hands Instead you killed the party and you've destroyed your children's futures who the hell does that? It's focusing on this operational level So officers they love focusing on the operational level They want to use this to kill a lot of people and go Ah when I kill more of your guys and you kill my guys must mean I won. Oh Really Vietnam War they took a multiple of our casualties. They won that thing. There's no South Vietnamese government left You know the people with this Ukraine Russia situation that say well, you know NATO promised it wouldn't encroach on Russia's borders and it came closer and closer and closer So those people might say well, you know, they do say you're you're repeating Putin's propaganda points. Yes All right, let's let's do the history of all of this first of all the United States didn't go around and Try and strong our arm everyone and say you must join NATO. You must join NATO. It was absolutely opposite These folks were stampeding to NATO's doors, which folks? Everybody who was in the Soviet bloc so Germany used to be divided but you have Poland and Czechoslovakia used to be one thing but Austria was neutral but Hungary and then Yugoslavia was bigger. Anyway, it was pieces Romania Bulgaria at the end of the Cold War all those people Wanted NATO and the worst possible way why because they know Russia wants Empire and already what Russia's doing is They're bringing in all their cadres Whom they trained during the war and they're like Bulgarian communist expats Romanians Hungarians putting them in place and then they're taking over the power ministries which are the military the Department of War whatever it's called because that determines whom you can shoot and Those places it's the interior ministry in our country it would be the Justice Department because that's who gets arrested and you control the courts And then if there's an information ministry in those days you want to control who has access to information and then also they wanted agriculture because When you're going to collectivize and decollectivize that's going to determine patronage possibilities So our generals are writing back and going they're doing all this stuff and we can't stop them. And so they do it throughout Eastern Europe They wind up doing Massive purges of people who had run for other parties murdering loads of them are murdering many leaders I'm not kidding. They're murdering people They're putting people in jail forever and then they say you have to do this communist thing and So they're stuck with it and then there are Germans who aren't too happy with it and the Russians are beating them up at 53 and then you have Hungarians saying look we need to do some adjustments here because the communist thing isn't working. They're correct Russians send tanks and they shoot their head of state even though they promised they wouldn't and The Russians have never atoned for what they did and never acknowledged all of this And so now they've made up this story that you're purveying that you get from others that oh It's NATO expansion that did all of this and I think I've given you Serious facts to tell you why people living in these countries were terrified of Russians They're brutal when they come in They're incompetent So I was living in the Soviet Union when it still was 88 89, so this is early Gorbachev, but the supply systems falling apart and Went into one of their grocery stores and it had a total of 77 items And I think that compares to I don't know a candy rack as you're exiting some Convenience store. Uh-huh, right if you went by the meat counters the smell from the rotting meat just about knocked you down He just avoided all of that and then occasionally I would have items called import Naya important I Anything from anywhere else is better than what we've got Because you're just you can sell it and on the basis of calling it imported. I was eating rotting Hungarian apples because at least they could Produce apples. I made applesauce. Oh, it was the Romanians who made some pretty good canned tomatoes It was just incredible with Russians couldn't do So, I mean I think I got the evidence of why The reason these people Want to be part of NATO is because of what Russia does so Russia looks at the entire world So I've talked about half-court tennis boy. That's they're like half-court. Whatever it is up there They look at is that everyone else is picking on us instead of excuse me Have you ever threatened other people? Have you ever done anything vaguely naughty to anybody else? right It's huge what they've done to other people and then they have no nerve To say that these people are threatening them. Excuse me. Look how large it is Russia why do you need more territory? Why can't you develop what you have? I mean a great example is talk about a lousy piece of real estate Let's look at the Scandinavian countries. They aren't whining and Look what they've done with their resources They're these fabulous functioning states Russia could have done that Instead it's trying to steal things from others so for your friend The further back you stop these people the safer you are Also, why should Ukrainians become the slaves of their murderers? Why? Why what's so privileged about you and Britain that you could just sort of go? Oh, well, that's great. Who cares Morals matter and This is where the norms matter honesty matters. I can be wrong by all means Let me know that I'm wrong and I'll try to square it away But Here are other people out Keep doing what you're doing. You need to have accurate information from many points of view so that People can come to their own conclusions what Americans have done is forgotten their core values Which are in a nasty document document from your point of view? It's the Declaration of Independence, but in there it talks about the rights of life And it's not the the right to take someone else's life, but preserve your own Liberty not the Liberty for me to tell you what to do But the Liberty for me to make my own choices and Pursuit of happiness not as you define it, but as I define it it appears in the last Week or two because I think it was diesel prices in particular. I've gone up at the pump to something like $6 Trump has made a deal with Putin for Diesel exports in part because of his war in Iran has caused this sort of global energy. Oh, this is Disinformation really the disinformation Russia has no capacity to export diesel in sufficient quantities to make any difference whatsoever the Correlation for when diesel prices go up is with the Iran war once the Iran war hits and it has to do with who produces what grades of oil there and what kind of Refineries they have in order to refine diesel because refineries apparently are set up to produce certain grades of output And yes, you can change a refinery to do a different grade output but I believe you're talking millions of dollars and a certain amount of time to redo your refinery so the diesel stuff is Absolutely Trump's war it's fault and he's trying to blame Ukraine It's despicable as usual, he's lying and So Americans really you want the liar-in-chief. How well has it worked for you? Really? I mean are your grocery prices? Are they better or are they worse? Are they better in the last two years or they gotten dramatically worse in the last two years? I think it's pretty obvious. I was at the supermarket recently and oatmeal was like $10 for a little dumb package of it Mind-blowing just mind-blowing. Thank you, Donald Trump and then tariffing all this food imports from Mexico and Canada I'm not making it up, right? I haven't been I never used to be partisan But I'm looking at the Republican Party and thinking how can you do this? It's your children, too You're wrecking the United States and you're doing it not temporarily But you're doing it for as long as anyone who's alive at this moment and will remember it Can the Ukraine win against Russia sure It is winning right now because it's able to defend itself Ukrainians have developed all these different kinds of drones and I get it Starlink's messing up with some of their Interceptors, but they've been developing ballistic missiles that are going to happen rapidly and Oh the United States By Musk doing the kill switch on Tara Starlink has made it So no one's going to be serious is going to be buying Starlink India was thinking of it It's like no not if in the middle of the war you're going to turn it off And what is it the shares for whatever the French? Alternate company is it's gone way up in the last few days You can check whether I got this, right, but if you are looking at going, okay So Elon maybe short-term game a long time loss on all of this and then for US Patriot missile systems If Franklin Delano Roosevelt had been president during the Biden administration when the second phase of the Ukraine war kicked off He would have Matt gotten that company to mass-produce it and saying look You're not going to make be making your money on unit costs you're going to be making it on the quantity, but people are saying, you know with Trump turning his back on Zelensky and Putin being in bed with China and President Xi there Zelensky has no chance. No, that's bull. No, he's developing his own Missile systems Russia can't replace it can't afford to replace all these refineries. It's based on Western tech The oil refinery, yeah, I can't remember what a percentage of the refining capacity that Russia is down to I don't know whether it's Less than half now slightly more than half you can Google and get the data and then the Ukrainians have gone after Yandex and whatever their their their equivalent of Google and Blowing away these things Russia has lost up to 50% of its operating oil I didn't know because it varies right they start fixing it. Then another one gets hit and Ukraine and Ukraine's doing that on it on its own some no Starlink involved in that because it's over Russia Russian territory and they're developing stuff more rapidly and who's me buying all these because they're producing more than enough of some of these things They're gonna be the go-to defense supplier because our stuff in the United States is way too expensive and this Patriot stuff This is why it's just breathtakingly incompetent the fact that we have a shortage of these Interceptors and this fighting has been going on for n number of years Franklin Delano Roosevelt I started telling people how many tens of thousands of airplanes he won and people thought he was nuts and he got the Businessmen around the table. What do you need? You're gonna make it happen. It happened. Do you think if Funding does dry up for Zelensky external funding from Europe and from the United States. I don't think it will from Europe Why because Europe? Russia will be coming for the rest of Europe. It will be coming. They are on death ground too with Putin's little model Think about how European attitudes on security changed on a dime because of the 2022 war that hasn't changed and I don't know what there there's tremendous disinformation that good old Vlad the bad is putting out to get people thinking That he's winning. He's not He's wrecking his country So I have no idea whether his his little friends will put something special in his breakfast some morning. Probably not He's under enormous stress at 74. I don't know. I wouldn't want to be living with his stress levels wrong age for it And alternatively, at what point do the young men at the front lines riot? At what point do they take their guns and just go after their commanders? I mean, we saw that almost happen, didn't we? With Prokhozhin. Prokhozhin, yeah. Yeah. At what point does that happen? And also, when you think about these kids that are being sent to the front, they're only children. This is not Russia on Stalin's day, the pre-birth control Russia, right? These are very special young men that are going to the front. They're the only ones. And there's also at what point that their mothers put their foot down. The economic cost of the war in Ukraine on Russia has been profound, shifting the nation's economy towards a high-risk war footing, while record defense spending, consuming roughly 40% of the national budget, boosts artificial GDP numbers, while draining funds from health, education and civil infrastructure. The heavy state spending, coupled with acute labor shortages caused by military mobilization and the emigration of hundreds of thousands of skilled professionals, triggered persistent inflation and forced the Central Bank of Russia to hike interest rates above 20%. Simultaneously, Russia lost its lucrative European energy export market, saw $300 billion in Central Bank reserves frozen by Western sanctions, and faced severe domestic fuel shortages following repeated long-range drone strikes to its oil refineries, which have caused oil refinery capacity to drop by up to 50%. So that's called winning a war? I don't think so. They can't go on like that forever. No, they can't. But as long as Vladimir Putin lives, he will keep doing it. And apparently his cronies there are going to go down with the ship. The offer would be for the West under the table to offer them something like a safe passage out with however many billions they need in return for giving Vladimir Putin a retirement plan. Who is our enemy? The continentalists. So China and Russia? United States. Donald Trump is what the future is. Yeah. I mean, telling Canada we're going to take them over, it's either a really bad joke, which I don't think it is, or it's actually where Donald Trump lives. And we have a Republican Party that hasn't thrown him out of office for doing that. So democracy, what is it? I think it's apocryphal, but it's a pretty good one of Churchill that democracy is the worst system of government except for all the alternatives, right? Because it's messy and you're arguing all the time. And the people like Xi Jinping will think, oh, no, we're superior because we've got this orderly thing. Except you guys double down on poor decisions and you keep doing the same thing. And the longer you do it, the worse it gets. And the young in China are not happy with the way things are. The much better thing is really a multi-party system. Accept the outcome of elections, try harder the next time, and try to keep developing fairer and fairer laws and rules. Is it possible for Russia to have a democratic leader, do you think, after Putin? Not anytime soon. I think the story is that Russians today are actually for the war. I've never heard that there are a bunch of Russians who think that they shouldn't own Ukraine. I've never heard that there are Russians who think that the costs of the war they don't like and they don't want to lose children in Ukraine. But I've never heard that Russians think it's a bad idea to take Ukraine. So what happens when Putin dies? What is the system in Russia? Is there an election, a democratic election? Give me a break. No, it's a free-for-all. Think about it. How do you have a democratic election? You have all these institutions for how the votes are counted. Look at the United States. We're having trouble. We have these deeply embedded democratic institutions and now we're wondering about who's going to be fiddling around with the counting. So Russia's got none of that. Putin's really good at doctoring his elections. So no, you're going to have—so he dies. All right, how to think about this? Think of him like a family tree. There's Vlad the Bad up top. He's sort of like a mafia don. And then he has this consigliere underneath him, right? And then they've got their consigliere underneath them. And so there's this whole network. So when he dies, he's gone. And then it's which one of these guys, or is it some from over here, who's going to take over? And you know what? They don't know either, right? And it's a massive free-for-all. And now we've got a lot of Russians with military training, which wasn't the case before. And whom are they going to line up with? So there might be a bit of a civil war? Possible. Unknown. But what it means is profound instability. And then it's a Humpty Dumpty situation. It takes a while to put Humpty Dumpty back together again. That's where I think in terms of these dictatorships, depending how bad the shatter is, it'll take longer to put it together. But I'm going to make up a number and say 10 years. So the Democratic Corps should have a plan for when various dictators die. It's the way you have a war plan. You just have them on the shelf so that when the unexpected event finally happens on the day you never knew, you've got at least some previous thinking. And then you've got something to start, like a first draft where you adjust it. But we ought to be thinking in these terms. It could be worse. As in someone else could go in there that that's even more. Oh, you have loose nukes. That was the fear at the breakup of the Soviet Union as all these loose nukes. And that was one of reasons they were taken away from Ukraine. And Ukraine was willing to have it taken away because we promised to protect them. And we broke that promise. That's a problem. Because if you want to be a big boy on the block, if your promises mean nothing, I mean, this is where Trump's having trouble with leverage over Ukraine. Since they know that he's sold them out and he's always going to sell them out, it means he has no leverage over them. It's over. It was back to your comment about power. The best strategies, the ones that really work, are win-win. So that you get something out of it, I get something out of it. So, of course, we'll do it. And that's why the maritime order is strong. If it's a win-win, everyone plays well together. And you look at Europe. Each country's been ponying up to help Ukraine. And one at a time, and sometimes together. What is the most important thing that's happening in the world at the moment that we haven't talked about, Dr. Sarah Payne? Wars are negative sum. They destroy wealth incredibly rapidly. The only infinite game positive sum world order is maritime. It's maritime because, what is it, 90% of the world's trade goes by these oceans. This is how you – the world's original network that reaches everything are these seas. A container ship will take 21,000 containers, whereas a choo-choo train, I don't know, 600 containers if you're lucky. Yeah, this is the efficient way to get things around. As flawed as international institutions are, they are the feasible thing that avoid this. If you get into this, it's all over. So, better to build institutions. And if you can't reform the UN to make it better, then you create a parallel institution. And then your government gradually says, hey, we're no longer doing the office in New York City. We're moving to whatever this new one is. All right, you care about Uyghurs? This is the Chinese practicing genocide. When Xi Jinping came to power in 2012, by the next year he was summoning his experts on the Soviet Union. He said, well, what happened? Because the last thing the Communist Party of China wanted is to go the way of the Communist Party of the Soviet Union. And what they told him is that the Soviet Union had been organized on the basis of ethnicity. And the Russians had always had a Russian who ran each of these places and the ministries and things within them. But then the number two would be the token number two. And then they would sponsor all kinds of dictionaries in the Uzbek language. And you could do your folk dances and your embroidery and all that stuff. And while the Soviet Union was holding it together, it looked great. But when it shattered, it meant it was really easy for it to shatter on these ethnic lines. And Xi Jinping, I suspect that explains his genocide of all the Muslims. And in the Uyghurs, what he's done is he's put the men into concentration camps, the children into what this country used to do to Native American children. It's terrible, putting them under these schools where you're... It's cultural genocide. You're bringing them up to be like honorary white people. And so they're bringing up these kids to be honorary Han. And then the women, I don't know, white slavery, whatever it is, because China's got a shortage of women of childbearing age. You've written so many fantastic books. I've got seven of them here. I'm going to link everybody to your lectures online, the full-length lectures online. So if you're listening right now, you can see a link below to Sarah's full-length lectures, all 14 of them? No, there's seven. Well, there are other things that people have posted. It would be the Sarah Payne lecture series. And you can see the logos on top. They have this kind of look to them. And they start with zero, and then they go one, two, three, four, five, six, seven, and then there's finale. So there are nine total. What an interesting time to be someone who has your experience and education. How does that feel? I mean, you studied this your whole life, and now it's the topic of conversation. Well, when I was a little younger than you, I thought I want to learn about Russia and China. It will take me a long time. Why did you come? Oh, because I'm born in 57. That's the year Sputnik went up. Sputnik being a rocket. Yeah, this satellite where the Russians put a little dog who was on a one-way trip. They sent Laika up there. And the United States was terrified because this meant that the Russians could eventually have ballistic missiles coming after us. And we were behind on all that. You can pick your year when you think the height of the Cold War would be, but that might be one of them. So that's the year I'm born. And I grew up where everyone's talking about Russia being the evil empire and curious about that and growing up as a little kid during the Vietnam War and then watching that unfold poorly. And I thought, well, I want to learn more about this. Dr. Serapine, we have a closing tradition on this podcast where the last guest leaves a question for the next not knowing who they're leaving it for. Oh, no. And the question left for you is, what makes you emotional? What makes me emotional? Sorrow. Sorrow watching other people suffering? Watching children suffering? Why should they? We have adults that are willing to allow tremendous numbers of children to suffer. Like, go back to the Republicans. You need to make it better for children, for the generations that follow. So you lose the next election. Do the right thing. It's past due. Don't support continentalists. And I'll say it over and over again. What is more important than the generations that follow? Nothing. So do something for them instead of grifting. Dr. Serapine, thank you so much. Thank you for having me. It takes a little bit of time to realize this as a founder. But once you do, it's something you can't unsee. 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