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Speaker 1: You know, I think part of the reason Trump's been

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successful in the Middle East negotiations and we get back

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to that New York mentality. He sees them that way,

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and he sees it as highly personal and not some

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abstract diplomatic thing, but rather it's a you know, real

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gut human interest or human interests, and he's pretty good

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at that.

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Speaker 2: You're listening to Carrie Letz's Financial Survival Network, where you

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get valuable information you just can't find anywhere else to

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thrive in today's trying times. You need the Financial Survival

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Network now more than ever. Go to Financial Survivalnetwork dot

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com and get your free newsletter and gift. Financial Survival

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Network now more than ever.

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Speaker 3: And welcome you are listening to and watching the Financial

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Survival Network. I'm your host, Carrie lets and with us

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today is our good friend Bill Walton and Bill Walton's show,

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one of my favorites.

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Speaker 4: Bill. It's great to have you back on.

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Speaker 3: I know you've been focusing a lot on President Trump's

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recent or ongoing Asian excursion. One thing's for sure. The

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President knows how to put hours and miles on air

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Force ones frame airframe, doesn't.

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Speaker 1: He I think he's probably got the record for that,

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that's for sure. But this is a man who never

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sleeps on's he get three or four hours.

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Speaker 4: A night and if he needs it.

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Speaker 5: If he doesn't, ye if he needs it.

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Speaker 1: But yeah, this has been a world win tour, and

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I think so far it's been a very successful trip

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at least in terms of the optics and showing that

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he's making deals and getting people, getting these countries more

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aligned with the US. And he's got a meeting with

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you coming up in a couple of days, I think

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Thursday this week.

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Speaker 3: Well, I think what hasn't been played in the press,

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and I believe is really for our Asian relationship and

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containment of China. The treaty between Cambodia and Thailand. Like, honestly,

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if you can tell me what they were fighting about,

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I'd love to know, because I have no understanding of

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it whatsoever. Some kind of maybe ancient territorial border, something

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like that. I've been to Thailand many times myself. The

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fact that he brought peace when they were like on

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the brink of all at war. Asian Asian cultures all

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about face and that really gave him tremendous face among

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all of the Asian countries and cultures and perhaps diminished

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China's standing in the region quite a bit because they

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did absolutely nothing.

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Speaker 4: What's your take on that.

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Speaker 1: Well, I don't know the details of their conflict, but

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I do know that the thing that's changed in Southeast

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Asia and that whole area is that they've now entered

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the modern economy, and their growth in those countries is very, very,

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very strong. I mean, somebody said, if you draw a

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pen and a map somewhere around North Vietnam and put

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it out two thousand miles in all direction, you've got

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about half the world's population inside that circle, about forty

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forty five percent of the economic activity. And if you

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look around the world, they're one of the few places

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where we're seeing some growth and some people that are

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being lifted out of poverty. And you know, my instinct

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is that, without knowing the details, is the Trump appealed

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to the fact that, look, you guys can't be fighting

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with each other. You've got a not just got grievance,

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but you get an economy to run. And I suspect

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there were some economic carets as part of that, although

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I'm not sure about the details, but you know, the

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world has changed. I mean Europe is collapsing. It's economic

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growth has just been plumbing because they've gone fully into

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wind and solar so called renewables, which are not going

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to fuel those economies. I think their share of US

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world manufacturings brought from like twenty percent to nine percent

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in the last fifteen twenty years. And then where that's

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been picked up, the slack's been picked up, it's in

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Southeast Asia. So I think Trump probably had had a

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lot of carrots, a lot of deal making, a lot

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of his old real estate expertise that will work here.

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Speaker 3: You know, if you just guess if you can get

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a project approved in New York City, they have exactly

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peace between Thailand and these guys are a.

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Speaker 5: Lot tougher New York than they are there.

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Speaker 3: Yeah, a lot harder to get a zoning variance in

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New York and peace treaty in Southeast Asia. And then

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he did the same thing with India and Pakistan. You know,

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two nuclear armed countries that have been at each other's

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throats since their formation, since the formation of Pakistan after

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World War Two. And you know, it's kind of like

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it's a template here. He just knows how to do

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this stuff. Obviously the big prize eludes him, which is

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Ukraine Russia.

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Speaker 4: But I have a feeling before.

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Speaker 3: I'd say before next summer that war will probably be

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over too well.

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Speaker 1: That one is more tribal than anything imaginable. And then

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the Ukrainians are it's just in the Russians have been

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going at each other in a way that's just just

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you know, the atrocities have been committed there, the depth

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of hatred. I mean, there's all sorts of talks about

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Nazis in the Ukrainian army. And of course the Russians,

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you know, have known for their own their own bad deeds,

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so that one's really ugly. And how they get how

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they come back to the table, I don't know. But

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I think what Trump did in Pakistan and India it

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was sort of what he did the other place, where

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he said, come on, guys, let's let's let's let's stay

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a part of the modern economy, and you can't forward

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to be shooting in each other. Let's make it an

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economic competition, not a not a bullets and guns competition.

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But you know, Ukraine defies defies ordinary logic. Yeah, you know,

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he he's I thought he would wrap that up in

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a week, and he didn't. So he thought he would

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wrap it up in a week maybe less, and now

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he knows he didn't.

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Speaker 5: So I think he's think he's pretty frustrated.

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Speaker 3: Yeah, well, you know, it seems pretty intractable. And like

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you say, it's tribal. It predates the modern era, and

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a lot of these things are tribal.

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Speaker 4: But you know, he's he's done pretty spectacular job.

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Speaker 1: You just put your finger on something. I think the

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whole world is basically tribal in many ways. We talk

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about these countries in the Middle East, and while we

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put lines on the map that were drawn by the

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British and there maybe the French and some of the

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other colonial occupiers there, and they've got the trappings of

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a sort of modern stay with a sort of democracy,

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but really they operate as in a tribal fashion. And

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you know, I think part of the reason Trump's been

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successful in the Middle East negotiations, and we get back

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to that New York mentality, he sees them that way,

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and he sees it as highly personal and not some

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abstract diplomatic thing, but rather it's uh, you know, real

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gut human interest or human interests and he's pretty good

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at that. So but Ukraine, you know, it's uh, you know,

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Kelensky seems to me to be held bent on getting

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as many Ukrainians killed and putin shows no sign of

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any remorse.

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Speaker 5: So I'm it's pretty upsetting.

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Speaker 1: I mean, I'm part of the I'm part of the

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people that believe that we did a whole lot to

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encourage that, because absolutely, you know, bringing Ukraine and the

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NATO right at Brush's border, and in fact, Ukraine had

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been part of Russia for a long time or part

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of the Soviet Union, and there's lots of Russian speaking

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people in Ukraine. I mean, it would be you know,

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it'd be like, you know, somebody trying to re annex

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Texas or something. We're not gonna lett that happen.

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Speaker 3: Yeah, well, you know the whole thing that they warned

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the United States and the Color Revolution that was brought

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on by US. Yeah in twenty fourteen. Yeah, Victoria Newland,

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she's knee deep in this. And you know, I don't

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like particularly like the term neocon, but these people, their

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end goal seems they want to break up Russia and

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go after its resources. I mean, I think that's what's

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happening here in this is a Landland character is just

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he's just beyond. He just has no regard for the

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body count here. They don't care.

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Speaker 1: Well. The thing I love about Trump's people coming in is,

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you know, there's been an other world in as to

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our State Department, in our diplomatic corps, and we think

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we're going to be able to bring democracy, liberal democracy,

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just like we did in maybe New England two hundred

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years ago. We're gonna bring We're going to bring town

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hall meetings to Kuwait.

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Speaker 5: It just doesn't work that way.

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Speaker 1: And we've been trying to say that we're the heck,

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we're going to bring a liberal world order, and we have.

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I can't think of a place we've really succeeded in

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the last seventy five years.

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Speaker 3: So Japan, I mean, well, but since that was World

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War Two. Yeah, agreed. You know, it reminds me of

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that movie Full Metal Jacket, when the colonel sees that

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the guy is wearing a peace symbol on his.

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Speaker 4: Half on his helmet.

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Speaker 3: Need the colonel blastom and says, you know, inside every

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quote unquote via to me is there's an American just

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waiting to get out, and that that has been our

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foreign policy post World War Two. It it just doesn't

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it doesn't work. Maybe, And there's no proof that democracy

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is such a great thing either all the time, there's

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it fell.

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Speaker 1: Very democracy can be a tyranny so quickly. Yeah, that's

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the reason they want, you know, the left ones to

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get rid of the Constitution is it is it slows

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things down because you get power divided among three branches.

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Speaker 5: And if you get rid of that, so.

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Speaker 1: All those trappings of the Republican you get a pure democracy, majority.

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Speaker 5: Rule and then Bob rule, Bob rule.

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Speaker 3: So talking about that and the shutdown, this is like

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the most insane thing I've ever seen, this shutdown. I mean,

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for me, it's affected me because I've written a couple

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of books and I want a library of Congress Control

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number and I can't get it because they're shut down.

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But you know, and we made an amazing discovery here

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that most of the people receiving the food stamps snap

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ebt cards aren't even Americans. I mean, what could they

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have hoped to gain from this? It makes it makes

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as much sense as the Ukraine Russia war.

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Speaker 1: Well, you know, you pull the waters of money out

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from all this and what's revealed at the bottom of

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the of the pond is some pretty ugly stuff, and that,

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you know, the food stamp scandal is one of those

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things that comes out and in high relief, and you know,

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maybe it gives us a chance to do something about it,

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but you know, at some point somebody is going to

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have to blank. And I do believe that even though

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they control the media, the Republicans have got the Democrats.

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Speaker 5: Rather have got a losing argument.

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Speaker 3: And it looks like even CNN is turning on them.

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I watched a few interviews. I'm not big on TV

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interviews political because you know, it's just it's the usual politics.

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But they're not looking good here, and the very people

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they claim to want to help are turning on them,

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like the federal union, the biggest, the Federal employees union,

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and you know, basically turning down spending bills for the

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most vital employee federal employees like air traffic controllers that

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ensure that they get paid.

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Speaker 4: They're not looking good here. They're coming up bad.

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Speaker 3: They can't really blame it on the Republicans when they

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made the decision to shut things down.

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Speaker 1: Well, and when you think about it, really about Chuck

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Schumer trying not to get primaried by AOC in the

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next Democrat primary in New York. I mean, his personal

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agenda is really driving this. He wants to look good

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to the hard left of what.

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Speaker 5: Used to be the Democrat Party.

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Speaker 1: And you know, if you if you play to that

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part of the constituency, you're only getting him at fifteen

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to twenty percent of the votes, and everybody else is

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light up on a sensible side of the aisle.

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Speaker 4: Yeah.

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Speaker 3: Yeah, it's it's just madness. And it's the same thing

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with their candidate for Mayor of New York, Mandami. I mean,

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it appears he's going to be elected. The only hope

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we can have then is that Elie Stephanic gets elected governor.

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Because the governor can remove state of local officials. That's

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the only hope that New York has at that point.

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She has to get elected and remove him.

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Speaker 1: You know, I've got a radical view that I think

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you if they vote him in, deserve what they get.

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And you know, let's try this governance in New York City.

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And we know it will be a failure, and we

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know that things are going to come apart, so maybe

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we can maybe We've got a real demonstration here of

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how bad these ideas really are.

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Speaker 4: I mean, it's going to be a complete disaster.

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Speaker 1: Let's not save them from themselves. I mean, we know

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that this. We know he's got an insane agenda, so

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we know he doesn't particularly like America. So except for that,

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he's great.

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Speaker 3: Yeah, he's wonderful. Yeah, well maybe they'll get what they deserve.

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But you know, well, you know, Bill the one hand,

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New York and what it used to be, used to

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be the center of financial power, and so I live

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the hats.

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Speaker 4: Yeah, as not anymore. In Florida.

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Speaker 3: Miami, arguably from Palm Beach County down to brickle is

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the center of financial power now in the United States.

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But our media, so corrupt, hasn't bothered to report that

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news to the public, and most people, if you ask,

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still believe that the center of power is on the

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corner of.

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Speaker 5: Broaden Wall, which Broaden.

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Speaker 3: Wall is now just a backdrop for financial journalism.

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Speaker 1: Well, when you got a guy like Ken Griffin moving down,

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moving everything to Florida, that that tells you all you

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need to know. He's as you probably know, he's got

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one of the biggest head funds in the world, and

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Miami has always been the financial capital of Central and

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South America. And so that they've done is they just

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thanks thanks to bad governance and city and big cities,

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they've made it a financial capital of all of them,

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all of America, you know, North, Central and South.

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Speaker 4: Yeah, totally, totally so. And I see it.

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Speaker 3: I live down here, and the people I know, I

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knew what was happening after the Great Financial Collapse crisis, yeah,

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in eight because hedge funds and other financial entities started

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making little back offices down here, minor offices, and they

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were clearing the way to actually come down here because

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you know, tactes don't matter until you have to pay them, right,

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And these companies are paying like billions of dollars to

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the State of New York for what getting nothing back.

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Lousy streets, lousy schools, unsafe streets. And you know, the

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the under the Democrats, the lefts inability to grasp the

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importance of the crime issue is it's just one of

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the most shocking things that I've ever seen, Like crime

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doesn't matter all of a sudden.

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Speaker 1: Who thinks that, Well, they're not even the left anymore.

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They're nihilists. And you know, that's that big word for

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people that just want to destroy and not build. And

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I think it's some Russian They were started in Russian

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enth century before the revolution there took the Bolshevits, and

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you know, there's there's a lot of these groups that

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if you ask them what they're for, what they want

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to see is the next thing. They can't tell you.

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All they want to do is destroy stuff. And I'm

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fear that's what we've got here. And they don't have

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a vision of you know, it's not some utopian thing

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where if they're going to once they get into power,

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they're going to do this, this, that and the other thing.

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Speaker 5: You know.

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Speaker 1: The closest they've got is they're going to have state

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run grocery stores. And that that works so well in

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the Soviet Union. Why not why not try at Manhattan?

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Who needs gressities? You know, John Katsimatitis, you know, we

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get we get that great example of Soviet grocery stores.

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Speaker 3: Insane, completely insane. The world's gotten mad here. Well, but

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luckily we're still saying Bill, so.

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Speaker 4: Just tell us.

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Speaker 3: I think, yeah, well, last time I looked in the mirror,

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I was but that might not last. Yeah, where's the

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best place to find you.

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Speaker 4: Check out your show, The.

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Speaker 1: Bill Waltonshow dot com and also YouTube and rumble, and

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we've got a page. We've got a substack page where

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the shows are. I've been taking a break for the

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last several weeks, but we've got two hundred and seventy

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five shows. Most of them are evergreen content and some

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really really interesting people like Eric Eric Prince, who ran.

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Speaker 5: Blackwater Sure is on there.

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Speaker 1: And we've got Art Laugher who was a Laugher cur

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in supply side economics. And most of the conversations are

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things you would whether we had it six months ago

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or today, are still relevant.

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Speaker 4: All right, Oh hey, we appreciate you coming on.

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Speaker 5: The link is Chaco.

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Speaker 3: It's fun and the links in the show notes to

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this interview on Financial Survival Network dot com. I've actually

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switched myself to substack because my emails from substack actually

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get delivered to you out there, and it has so

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many benefits. It's really it's not a website. It is

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a business model, a business plan, and can't say enough

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good things about it. I don't have to maintain my

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own website anymore. They do it for me. Everything is

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taken care of so it really is amazing. I call

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it the future of journalism. Bill, it's a pleasure always

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having you on. We'll talk to you again real soon.

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Speaker 5: Talks good.

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Speaker 2: Thanks for listening to carry Letz's Financial Survival Network, your

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solution to today's trying times. For the latest, go to

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Financial Survivalnetwork dot com. Financial Survival Network

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Speaker 5: Now more than ever,