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Speaker 1: And it's a bit confusing. So his opponents claim it's chaos,

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but it isn't. I mean, he's closed the border, he's

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got the Twerff discussions going, and so far, so good

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in terms of economic growth and inflation. And you know

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he's doing the necessary that he can to reduce crime.

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He's got NATO now scrambling out way beyond what their

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previous target was on military expenses.

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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. Special guest today been on the show before.

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One of the great minds of our time. You may

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or may not be familiar with them, Lord Conrad Black, author.

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He's written more books than I can keep track of.

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He's got a new one out, The Political and Strategic

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History of the World, Volume two. From Caesar's to the

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Peace of Westphalia and Louis the fourteenth, and wow, it

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just came out earlier in the month, last month, May sixth,

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And well, Lord Black, it's great to have you back on.

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I want to talk about the book, but first your

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assessment of Trump two point zero or as I would

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call it Trump GPT.

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Speaker 1: But what did GPT said as in chat GPT AI.

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Oh yeah, okay, you know you're getting a bit technical. Look,

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I think he's off. He shows every sign of having

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an extremely successful cham I would say, I mean he's

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attacked on all the fronts at once. He knows he's

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only got one turn, but he doesn't have.

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Speaker 4: The baggage of a Laine duct because you know, he

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can elect a vice president or every once after him,

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or at least put them forward as a candidate.

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Speaker 1: And it's a bit confusing. So his opponents claim it's chaos,

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but it isn't. I mean, he's closed the border, he's

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got the Tower of discussions going, and so far, so

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good in terms of economic growth and inflation, and you know,

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he's doing the necessary that he can to reduce crime.

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He's got NATO now scrambling out way beyond what their

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previous target was on military expenses. He started out seven

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years ago, complaining that they weren't with a few exceptions,

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spending the two percent they pledged, and they're now all

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claiming they're going to three and a half percent. And

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he's there was not a word spoken by any serious

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person about peace in the Ukraine until he came, and

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now they haven't got it yet, at least it's under discussion.

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And you know, he's doing everything the president can to

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tear down woke, stop all the you know, the d

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inclusive with nonsense. I mean, let's have meritocracy. Let's just

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have the best people for every position. What their skin color,

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religion is. Nobody cares about that. It's just who knew

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are the best people for that position. And you know,

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it's all sensible. And he's he's starting to try and

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shape up education, abolishing the department and putting it in

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the States and in effect encouraging non union schools. And

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I mean, he's just doing everything he said. He's doing

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it all at once. And I assume that the big

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bill is going to pass in a few weeks and

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that'll be a that'll be a tremendous achievement, because if

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you read it, it's it's an extraordinarily comprehensive law. I mean,

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just read the headings of it. It touches all the

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policy areas he promised them. So I look at so far,

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it's looking very good.

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Speaker 3: So the deep state, you've been a victim of the

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deep state yourself. We didn't call it that back then,

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but clearly that was it. And with Doge, which I

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believe Doge, even though a musk is gone, Doge is

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now embedded in the government and it's an AI venture

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to monitor all operations of the government, including the Pentagon. Eventually,

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were you at all surprised at the type of things

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we were spending money on in us AI d which

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which I've known it was.

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Speaker 1: Ready to fear the words, So it didn't surprise me

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that much. But in a way I I used to

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be confirmed. I mean some of it, some of it

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was probably caricatured a bit unfairly, but some of it

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was obviously just you know, it's just it was what

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are you you know? It was throwing money out of

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the window. It was nonsense. Yeah, well, look in a

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budget of trillions of dollars for a country of a

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third of a billion, you're going to get a lot

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of waste money. But even at that it was a

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very interesting revelation. Now, they tried for a time to

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say that Mosque was running the country, Trump was poppaitive Moss.

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You remember all this, they try everything, it's all none

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of it is ever true. So you know they're they're

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they're like the child trying wolf and there's no wolf.

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R in the public's a bit tired of it.

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Speaker 5: Yeah, well I was.

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Speaker 3: I was impressed by the spending and the subsidization of

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of media and he was getting money.

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Speaker 1: Politteral then do you see which is NANTA American Network? Yeah,

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I mean some of the programming is good, but they're used. Honest,

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it's as bad as you know your network.

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Speaker 5: BBC was getting money.

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Speaker 1: I'm sure I'm going to company owned by the British government.

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I mean, what guess the United States paying a British

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government crime corporation for it's madness.

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Speaker 3: But and all of these fringe I think I can't remember.

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There was one conservative guy who supposedly can Oh Crystal.

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He's got tens of millions of dollars from it as well.

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They were an equal opportunity, but it turned into this

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huge grift, and what it really demonstrated was that the

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US government is one big grift.

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Speaker 1: Yeah, was that Bill Crystal getting tens of Bill Crystal

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Yeah for Bold Rossia magazine, which is a hysterically anti

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Trump magazine.

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Speaker 3: Yeah, oh really anti. Well, I guess that's all you

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needed to show. But he was getting his foundation millions

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of dollars from USAID and USAID has always been a

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sketchy organization, very fine line between it the State Department

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and the CIA, and they kind of did the soft

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power thing. But it's been exposed. Hopefully most of it

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will be eliminated. You know, Congress doesn't really want to

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like cut spending, though they don't really want to get

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rid of all these programs. Is Trump's force of personality

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and his determination is that enough to get rid of

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this useless spending.

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Speaker 1: He's awfully good at It reminds me of when Reagan

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was pushing his tax cuts. He would wait until waivering

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congressmen were in their districts on radio Phonian shows, and

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then he would phone in his staff would range all this.

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All of a sudden he comes on the line and says, Congressman,

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now that you're speaking to your constituents, do you favor

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cutting their taxes or not and a stuff like that.

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I mean, he knew how to put the eat on

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them and he got to step through. But look, people

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didn't Reagan's opponents didn't hate and they claimed he was

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dulled and a movie actor, but electable person. Here, you've

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got something different. You've got an irrational dislike Trump in

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some areas. But the answer, in a word, I think

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is yes, you would be better placed being in the

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country than I am to judge it. But my impression

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is the country now feels Trump has proved his point.

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They stole his election, They've showered him with these spurious indictments.

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In the end, there were attempts to assassinate and presumably

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not directly connected doing his political opponents, but it's somewhat

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encouraged by them, by some of the outrageous things they

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said about him. He came through it all with dignity,

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with better humor. He's much more good humored and less

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bombastic than he was in his first term. And I

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think the country, the majority, feels he's earned his chance.

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He won fair and square.

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Speaker 5: He has a man.

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Speaker 1: They'd let him, let him, let him do what he

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said he did, see how it works, So I think, yeah,

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I think he's going to get I think he's going

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to get most of it true, and I think he'll

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probably succeed. It's early to say, of course, but in

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in being succeeded by the candidate he approved. Yeah, well,

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pretty pretty remarkable.

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Speaker 3: The first person since Grover Cleveland to serve non consecutive terms.

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That in itself, and there's a lot of striking parallels

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between him and Grover Cleveland.

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Speaker 1: He's a much more activist man than Cleveland. Cleveland was

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a popular mayor of Buffalo and governor of New York.

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I mean, Trump is the first person in the history

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of the office of president to be elected to it

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without ever having previously sought an elective officer held a

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high military command. He turned celebrity into the president's and

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it was an amazing thing. That's why everyone thought it

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was a joke and he came down the escalator, but

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it wasn't a joke.

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Speaker 3: Yeah, it's pretty remarkable that he actually pulled it off,

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that he was able to do it. I mean, like

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you say, with a zero political experience, but a lot

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of experience with politicians.

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Speaker 5: And the public.

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Speaker 1: I mean, he knew the public and he look he

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was like an African lion chasing wilde beast. You know,

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he sort of singled it out and then but after it,

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but he changed parties seven times and thirteen years. He

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was looking for his chance, you know, and then he

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got it. And then not only I mean it's two

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great innovations I think were translating celebrity into the highest office.

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And I mean you sometimes had had people who were

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celebrities becoming governance or something, but not present. And secondly,

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once he was there, he used sort of Dwight Eisenhower,

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Richard Nixon, Ronald Brigg and Republican capitalism and fastened it

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right on top of disadvantage districts and using the tax

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system incentive by his job creation in those districts, and

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ate heavily into these democratic chiefdoms, these voting blocks, and

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that it was relied upon since Roosevelt, like.

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Speaker 3: Like the Teamsters, I mean, they didn't support him, but

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they didn't endorse Harris either, because they would they know

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they would have had a revolution among all the rank and.

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Speaker 1: File supported and it's just the executive had to be neutraent.

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Speaker 5: Yeah, they couldn't do it.

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Speaker 3: So uh looking ahead, So the tariff's been highly controversial,

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it's going to throw the country into a depression, and

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this and that.

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Speaker 5: And what's really happening here.

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Speaker 1: Well, look, the US couldn't go on with a trade

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deficit of over a trillion dollars. And essentially that started

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not at that scale, but the idea of a trade

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deficit started during the Cold War, when the United States

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gave greater access than it normally would to a number

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of countries as an incentive to them not to waffle

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into the Communist block in the Soviet Block. It was

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a legitimate thing to do during the Cold War. But

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you know, the Cold War ended suddenly and very satisfactorily,

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but a lot of these things that needn't have continue

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you did continue. And that just grew and grew, and

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we were all, all of us in the West were

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hosed out of our underclothing by the Chinese. We all

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bought into this line. We just treated the nicely. They'd

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be one of my y you know. Now, Look, it's

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not like Nazi German area in the Soviet Union. It's

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not that evil a regime. But they know Chinese aren't

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threatening to go to war with us, but they but

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on the other hand, they were they were picking their

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pockets and it's got to stop down there. So you know,

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there's no reason for the United States to have a

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trade deficit of that size. And it was just a

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strictly commercial version of NATO free loading on America's back.

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I mean, NATO most of it got the brilliant idea

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that the United States was like a great Saint Bernard dog,

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you know, that it would do the work and take

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the risks, and the Europeans and Canadians would hold the

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leash and give the orders. Well, that's not how alliance work,

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you know. So you know Trump is disabused of that.

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But what the critics didn't see is that trade is

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only I think twenty one percent of American GDP, so

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exports are less than half of that. And you know

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that's that's a manageable amount of money to take a

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partial hit on. And the foreigners basically they're eating the

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tariffs and replying with higher tariffs themselves. Well that they can't.

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You know, that's that's not a defense that's going to

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work for it. In the end, you'll get everything produced

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in the US except a few raw materials that they

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don't have. And and so you know, one hundred and

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thirty or so countries are lined up to make deals.

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Not one of them think they're going to get a

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better deal in the one they had, you know, two

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months ago. So you know obviously it's going to be

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a gain for you. So we talk about the trade deals.

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By the way, on that, I must say, one thing

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I objected to is he never should have treated Canada

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the way he doesn't have. And I told him this

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person he doesn't have a legitimate grievance of hindon.

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Speaker 3: No, because outside of energy, we run a surplus.

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Speaker 5: With that's right.

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Speaker 1: In the end, you take a lot of it, you

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resell at a higher price you'd get it from a

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statue price. And you know we're a fair trading country.

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I mean, you do have a very big grievance with Mexico,

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but Tenna is a fair trading country.

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Speaker 3: Well, I think as the personal animosity towards your former

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minister and current, because I.

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Speaker 1: Don't think he mins the present guy from when he's

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told me. I have my debts about him, but the

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current has been very careful with the Trump I think personally, yeah,

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they're together at west now. But is g said and well, it.

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Speaker 3: Was like a big fire hose and you guys were there,

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so you'd hit by it. But yeah, I didn't think

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that was right. But on the other hand, looking so,

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one thing I want to talk about, and you probably

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have more knowledge of this than I do, but it

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seems to me like the only thing the only people

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less productive than Harvard tenured Harvard professors are diplomat and

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there we charge them with negotiating all these trade agreements

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and it turns into this multi decade grift where they're

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meeting at the finest resorts in the world, dining at

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Michelin Star restaurants. The Bordeaux is flowing, and the incentive

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is to not get anything done. Now, all of a sudden,

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I think AI plays a role in this as well.

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The heat's on and the diplomats are out of it.

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It's the economic it's not even the economists.

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Speaker 5: That are involved. Well here, you've got to watch.

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Speaker 3: Yeah, So it's totally different the way these agreements are

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getting negotiated. And I think there's a prototype agreement and

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it's like, you know, sign you know, they say to

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the other side, to the other country, sign hard, press hard.

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You're making three copies, you know, just sign here.

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Speaker 5: This is the deal.

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Speaker 1: That's what he says. He's doing is issuing a statement,

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and this is the deal. If you don't like the deal,

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it's fun. But if you want to deal, here's the deal. Now,

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in some countries you might not be able to do that.

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But I thought again, and this is sometimes a tactical weakness,

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not exactly a weakness, but a technique that may not

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always work with Trump is oversimplification. You know, he had

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Nabarro saying ninety deals in ninety days. And you know,

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these trade deals are horribly complicated. You're trading finishing and

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putting some finish on shingles against vanadizing some metal or something.

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And by the time you'll work it all that, it's

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a terribly complicated thing. But so you can't do it

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that fast. But I like this thing he's doing. Now

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I'm saying, all right, here's our deal, take it or

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leave it. But what he really means is, if you

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don't like it exactly as it is, put a few

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things in it and we'll see if we can accept it.

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You know, so it'll act to bedite to think there's

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a framework in place. But you're right, I mean, the

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diplomats like everybody else sell think themselves as important as

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they can, but they're all these compromises. I mean Nixon

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and some of your great presidents like Nixon, who wasn't

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out standing president I think. And Roosevelt, you know, he

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never would let the Secretary of State do anything. He

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could go and talk to the South Americans or something,

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but all through World War two he never came to

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those big conferences with Churchill and Stalin or anything like that.

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Cardell Owl's longest serving secretary of State. But Roosevelt wouldn't

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let the State Department have anything to do with foreign policy.

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Speaker 3: All right, So let's talk about your book and how

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it ties into this where I said, Jay, you your

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work here, because it's multiple volumes, how did you like,

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how'd you come up with a concept here that?

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Speaker 1: Well, because of all the research I did writing biographies

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of prominent people and the histories of the US and Canada.

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I mean, you see behind me in the screen here,

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So for example, all of Cambridge University Medieval, Ancient, Medieval,

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and modern History bought some a lot of the volumes

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behind me. I had to read all this stuff and

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I thought, you know, this is nonsense.

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Speaker 5: I mean, you.

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Speaker 1: Could give you could give a good readable summary of

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everything that's important here in a much smaller space. And so,

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you know, not by design, but just as things worked out.

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The myth existed that in order to get any grasp

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of the history of the world you had to spend

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twenty years reading about it. And that is not true.

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I mean, it wasn't an untruth. It was just a mistake.

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And so these books of mine, as you know, there

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are a thousand pages pro volume, three volumes, but you've

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got everything there. You've got a good index. And you know,

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if you're interested in one, you know, in February, or

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interest in Alexander the Great, you can read all you

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need to know about them, you know, in a day

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or two there, and then a few months later you

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can read about you know, Queen Elizabeth the First. I mean,

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whatever you want, it's all there, and it's not If

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you want to go further, you can go get detailed

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books into these things. But by condensing it that much

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you can. There is a certain logic how how history moved.

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And there is progress, I mean, there actually is progress.

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If you look at where this thing began, where the

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people were just plans with no real organization going around

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killing their neighbors to where we are now. I mean,

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obviously it's still terrible things happen in the world, but

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it's a lot don't kill it next.

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Speaker 3: And where we were so still killing our neighbors, but to

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a bit in.

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Speaker 1: Some places, but we're the larger countries are behaving and

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the more civilized.

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Speaker 3: But yeah, yeah, it's it's remarkable and how complicated our

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modern society is. And the amazing thing like I just

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look at like the whole air traffic control system, the

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fact we can fly all over the world in a

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moment's notice as long as the TSA lets you through

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the to the gate.

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Speaker 1: And it's so compl they'd finished, you know, rummaging through

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the underclothing of eighty old women.

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Speaker 3: Yeah, and the older you are, the more curious they

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are about about your intimate areas, it seems. But you

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know that the system, even though it's got problems, and

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you know, government all that, but the system is the

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most complicated system in the world in all likelihood. It

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seems like it's easier to send a rocket into space

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than it is to get a you know, a triple

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seven from England to New York. But you know, somehow

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we've cooperated and it's a global cooperation to make this

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system work. And yeah, it's got its problems and accidents happened,

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but overall, you know, it's a collective human effort that

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has really distinguished us because prior to you know, the

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last two generations, it was very difficult to go from

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one continent to the other by plane. You had generally

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you were taking ships. Maybe the last three generations, going

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back to the sixties, you know, the late fifties kind

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of was the birth. And you know, like you said,

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things have gotten better, except our media has gotten worse.

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Is because they'd specialize in just telling us how awful

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everything is, when really things in many respects haven't been better.

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I mean, I think the family, the interpersonal relationship, and

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what technology has done. Yes, there's some definite negatives there,

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but overall, the amount of knowledge that is available to

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the lowliest person on the planet in the palm of

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their hands, and.

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Speaker 5: The quality of life.

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Speaker 3: You know, for the largest numbers, it's just never been better.

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Speaker 5: This is true.

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Speaker 1: I mean, the number of people in poverty, as I

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understand that in the world was under fifteen percent. Have

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still a lot of people, but that's not a big percent,

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and when I was young, the number was over fifty percent,

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and even countries of them particularly well governed. When I

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first went to Brazil in nineteen sixty eight, it was

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only a half literate country. Now it's a completely literate entry.

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And the Chinese and the Indians are pulling again. Their

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methods aren't appropriate to the North America, but they're pullings

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and millions of people out of poverty every year, so

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that certainly is progress. The lesson on that one, Kerrie,

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is that if the major powers are not at war,

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the amount of prosperity generated is astounding. And you can

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argue about the distribution of it. Our friends and the

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left say that it's unfair distribution, but the fact is

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it affects everybody. The lowest groups, you know, do get richer.

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Speaker 5: Yeah.

401
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Speaker 3: Well, the technology that things were surrounded with, that would

402
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have been for the noblemen way back when there wasn't

403
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you know, the availability of these tools to really improve

404
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your life, to help you get through life, to have

405
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a better life. It just wasn't there. I mean, and

406
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you think back the printing press. You know, it's a

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fairly recent innovation that kind of sparked it all.

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Speaker 1: Yeah, the tremendous impulse to the you know when this

409
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may have been before your time, but when I was young,

410
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there was a Dick Tracy comic strip. Oh and you

411
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he spoke into his watch you. Yeah, like you're talking

412
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to well not my wife has a box like that.

413
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And and the email, I mean we sit here with

414
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a handheld device and send emails to Russia in the air,

415
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Argentina or Australia anywhere and get a reply back in

416
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three minutes. I mean that would have been just science

417
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fiction stuff up until about thirty years ago.

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Speaker 5: Yeah, I was. I was away.

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Speaker 3: I was in Spain and Thailand, and I managed to

420
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keep my podcast going, was writing content for my website,

421
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and I never really I mean I didn't work as much,

422
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but I was able to basically conduct myself almost as

423
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well as if I was just sitting here at my

424
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desk here in Florida. So so, so, your book, your

425
00:26:02,359 --> 00:26:06,759
Volumes one and two and three mentioned is on its.

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Speaker 5: Way the overview.

427
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Speaker 3: So I always like to ask people, and they've had experiences,

428
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what did you learn from it from writing this because

429
00:26:18,480 --> 00:26:21,680
writing is a process of learning. I don't think many

430
00:26:21,720 --> 00:26:23,440
of you out there think about it. But when you

431
00:26:23,480 --> 00:26:30,640
write something, your understanding of it really goes up, and

432
00:26:30,000 --> 00:26:33,680
your knowledge of it and the way it all kind

433
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of fits together because you're connecting dots. It's harder to

434
00:26:37,440 --> 00:26:40,960
connect the dots looking forward than it is looking backward.

435
00:26:41,519 --> 00:26:46,200
But what's the biggest revelation you got from really rehashing

436
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you know, modern history here?

437
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Speaker 1: All of history. I mean, I go back as far

438
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as we have authentic history. I don't get in that

439
00:26:56,720 --> 00:26:59,119
this is volumet one, of course, but I don't get

440
00:26:59,160 --> 00:27:04,839
into law or legend, you know, I mean just stuff

441
00:27:04,839 --> 00:27:08,640
that we can authenticate. But that still gets us back

442
00:27:08,720 --> 00:27:15,079
to about three thousand BC. I'd say a couple of things.

443
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One is religion never goes away. And I'm not getting

444
00:27:22,440 --> 00:27:26,480
into my religious views or anyone else's here. And I

445
00:27:26,559 --> 00:27:29,839
mean I think religions like sex, people should do what

446
00:27:29,960 --> 00:27:32,920
works for them and avoid what doesn't and be respectful

447
00:27:32,960 --> 00:27:35,039
about this and be discreet, you know, but.

448
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Speaker 5: It never goes away.

449
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Speaker 1: And these militant atheists who think it's just superstitious rubbish

450
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and every day we're getting closer to a plinnitude of knowledge,

451
00:27:48,240 --> 00:27:53,799
they'll never succeed because the human mind is always preoccupied

452
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with the existence of spiritual forces and the frontiers that

453
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are beyond our ability to reach. Even though we you know,

454
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the advances in science and elsewhere human research and ingenuity

455
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or astonishing and gratifying, they don't actually has had for

456
00:28:16,079 --> 00:28:23,519
a long time thought obviate or vaporize the general pursuit

457
00:28:23,599 --> 00:28:27,359
of a or an attempt to propitiate a divine intelligence

458
00:28:27,359 --> 00:28:30,400
of some sort. That's one thing. I mean, religion is

459
00:28:30,480 --> 00:28:33,519
much more sophisticated now than what than it was three

460
00:28:33,559 --> 00:28:38,000
thousand years ago, but it's still there. Another family answers

461
00:28:38,079 --> 00:28:40,319
with progress is real and there are a lot of

462
00:28:40,359 --> 00:28:43,519
cynics around who say that it isn't and human nature

463
00:28:43,519 --> 00:28:46,799
doesn't change much. I agree with that, but the fact

464
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is just what we were talking about a few minutes ago.

465
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I mean, if the major countries are not at war

466
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with each other, the amount of prosperity that is generated

467
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is it's just just look at the skylines of the

468
00:29:01,160 --> 00:29:03,799
cities of world in our lifetimes. I'm not an older

469
00:29:03,839 --> 00:29:06,400
than you, but when I was a young person, I'm

470
00:29:06,440 --> 00:29:09,359
in Toronto right now, the tallest building in the British

471
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Commonwealth was it was a bank building here in downtown Toronto.

472
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It is twenty six stories tall. Well, I mean, I'm

473
00:29:16,200 --> 00:29:19,200
not saying that progress is necessarily measured in tall buildings,

474
00:29:19,240 --> 00:29:22,480
but the amount of economic activity and the amount of

475
00:29:22,559 --> 00:29:29,720
construction and just the building things and advancing things a

476
00:29:29,880 --> 00:29:32,200
newness and when we focus on that. But we do,

477
00:29:32,920 --> 00:29:34,559
as you said in a few minutes ago, we do

478
00:29:34,720 --> 00:29:38,680
reduce the poverty levels very profoundly. I'm not saying we

479
00:29:38,720 --> 00:29:41,960
couldn't do better. I'm not saying any system is perfect.

480
00:29:42,000 --> 00:29:46,039
But the point is there is progress and very few

481
00:29:46,119 --> 00:29:50,480
countries today are governed by people who think that really

482
00:29:50,559 --> 00:29:54,680
the principal activity is simply to go and make war

483
00:29:54,720 --> 00:29:56,960
on your neighbor and kill him and take his territory.

484
00:29:57,200 --> 00:29:58,720
And that's how we start an edging.

485
00:30:00,079 --> 00:30:00,519
Speaker 5: So true.

486
00:30:00,680 --> 00:30:03,880
Speaker 3: You know, one of the things, and you mentioned the prosperity.

487
00:30:04,680 --> 00:30:07,200
One of the things I like best about what President

488
00:30:07,240 --> 00:30:11,039
Trump is doing has nothing to do with political is

489
00:30:11,799 --> 00:30:22,880
the encouragement to explore and exploit resources, whether it's minerals, oil, gold, silver, copper.

490
00:30:24,000 --> 00:30:26,960
Because one of the fallacies of the left is that

491
00:30:27,119 --> 00:30:30,680
somehow we can have this green economy and never have

492
00:30:30,799 --> 00:30:37,720
to use a jackhammer to get new metals and resources

493
00:30:37,799 --> 00:30:38,559
out of the ground.

494
00:30:39,240 --> 00:30:41,720
Speaker 1: I think we were afflicted in the ways by a

495
00:30:41,799 --> 00:30:46,720
sort of economic snobbery that blue collar was beneath us.

496
00:30:46,720 --> 00:30:48,759
So we were all going to have a service economy.

497
00:30:49,400 --> 00:30:56,480
That's fine, except people in India, Thailand or something Vietnam

498
00:30:56,599 --> 00:31:00,640
can produce the same service at a quarter of the costs.

499
00:31:00,640 --> 00:31:03,599
So what are we going to do now? Yeah, I

500
00:31:03,640 --> 00:31:08,440
mean we sort of lost tract of the fact. I

501
00:31:08,440 --> 00:31:11,119
mean I never agreed with that Buchanan. I thought he

502
00:31:11,240 --> 00:31:15,400
was too primitive in his views, you know, sort of

503
00:31:15,599 --> 00:31:17,440
paleo conservative.

504
00:31:16,880 --> 00:31:18,240
Speaker 5: Isolation but native.

505
00:31:18,319 --> 00:31:22,200
Speaker 1: On the other hand, I never agreed with Herman and

506
00:31:22,279 --> 00:31:24,720
Kahn either. I used to go to that a few

507
00:31:24,799 --> 00:31:28,519
years ago, and his idea was that we would outsource everything,

508
00:31:29,000 --> 00:31:32,559
just be leisure society. That's not going to work.

509
00:31:33,599 --> 00:31:37,000
Speaker 3: Maybe the robots and maybe the AI, but certainly not

510
00:31:37,039 --> 00:31:41,079
to other countries because because you've got to produce something

511
00:31:41,119 --> 00:31:45,720
in the end. The whole concept of the consumer economy

512
00:31:46,319 --> 00:31:50,400
I've always found to be disturbing because I think we

513
00:31:50,400 --> 00:31:54,359
should be producers, and the idea that we're just here

514
00:31:54,400 --> 00:31:59,680
to consume and not contribute and not produce has always

515
00:31:59,759 --> 00:32:00,920
been disturbing to me.

516
00:32:01,839 --> 00:32:05,119
Speaker 1: Well, and The worst of it, I thought was in

517
00:32:05,200 --> 00:32:08,400
the fifties and sixties, when General Motors was the greatest

518
00:32:08,400 --> 00:32:12,920
corporation in the world. They had this thing called planned obsolescence.

519
00:32:12,960 --> 00:32:15,920
Their cars would fall apart after twenty five thousand miles,

520
00:32:16,480 --> 00:32:20,079
so you know, I mean nowadays they go for two

521
00:32:20,200 --> 00:32:22,759
hundred thousand mileth I mean they all look the same.

522
00:32:22,839 --> 00:32:25,400
I'd sort of like the look of cars then better,

523
00:32:25,160 --> 00:32:29,039
but they were putting one over on us, and then

524
00:32:29,079 --> 00:32:31,599
they lost their market to the Japanese and the Germans.

525
00:32:32,240 --> 00:32:35,400
Speaker 3: The problem is that that business model is alive and

526
00:32:35,440 --> 00:32:39,519
well in your kitchen and or laundry room. Because those things,

527
00:32:39,680 --> 00:32:43,559
whether the Chinese components, if you get five years out

528
00:32:43,559 --> 00:32:45,200
of them, you're doing great.

529
00:32:45,960 --> 00:32:48,440
Speaker 5: And that is disturbing.

530
00:32:48,559 --> 00:32:54,759
Speaker 3: To create demand by building inferiority into your products, charge

531
00:32:54,839 --> 00:32:55,759
twice as much.

532
00:32:56,519 --> 00:33:00,559
Speaker 5: I mean, I remember, he just go back like I remember.

533
00:33:00,640 --> 00:33:01,559
But in my.

534
00:33:01,599 --> 00:33:05,319
Speaker 3: Parents' house we had a Nordge a refrigerator that was

535
00:33:05,640 --> 00:33:06,960
thirty seven years old.

536
00:33:07,200 --> 00:33:07,720
Speaker 5: Norge.

537
00:33:07,759 --> 00:33:10,200
Speaker 3: It was a great brand, yeah, and it made a

538
00:33:10,240 --> 00:33:14,240
lot of noise even all those years later. But man

539
00:33:14,480 --> 00:33:18,119
like the thing kept working and try to find something

540
00:33:18,119 --> 00:33:21,960
that'll do that well. The book is the political and

541
00:33:22,000 --> 00:33:25,759
Strategic History the World, Volume two, from Caesar's to the

542
00:33:25,799 --> 00:33:32,759
Peace of Westphalia to Louis the fourteenth AD. And well,

543
00:33:33,039 --> 00:33:33,759
it's great.

544
00:33:33,559 --> 00:33:34,200
Speaker 5: Having you on.

545
00:33:34,319 --> 00:33:38,720
Speaker 3: I think we go to fourteenth century to sixteen sixty one,

546
00:33:39,240 --> 00:33:39,920
so we got no.

547
00:33:40,279 --> 00:33:42,640
Speaker 1: Fourteen AD to sixteen fourty one.

548
00:33:42,720 --> 00:33:46,319
Speaker 3: Yeah, fourteen AD A pardon me, yeah, fourteen AD, which is.

549
00:33:46,400 --> 00:33:47,279
Speaker 5: A long time ago.

550
00:33:47,319 --> 00:33:50,640
Speaker 3: We don't even call it a D anymore, which bothers

551
00:33:50,680 --> 00:33:54,400
me a lot. And BC is B and I don't

552
00:33:54,480 --> 00:33:57,039
know what any of it means, but at bce the

553
00:33:57,119 --> 00:34:02,559
Christian era. But one thing I do think is that

554
00:34:03,319 --> 00:34:08,079
twenty twenty three that will be the reset that historians used,

555
00:34:08,119 --> 00:34:13,559
because that is the time when AI really became known

556
00:34:13,599 --> 00:34:17,920
to the public and used by the public. But the

557
00:34:17,960 --> 00:34:22,119
book is available at Amazon and wherever fine books used

558
00:34:22,119 --> 00:34:25,039
to be sold. And if you've got a question for

559
00:34:25,159 --> 00:34:28,519
Lord Black or myself, shoot me an email KL at

560
00:34:28,559 --> 00:34:30,840
Carrie LUTs dot com. If you go to the site

561
00:34:30,840 --> 00:34:33,519
Financial Survival Network dot com, you find a link to

562
00:34:33,559 --> 00:34:36,880
the book. And if you sign up to our newsletter,

563
00:34:36,920 --> 00:34:39,760
I really appreciate it. Like over seventy five thousand of

564
00:34:39,840 --> 00:34:43,079
you have in the past fourteen years, Hard to believe,

565
00:34:43,440 --> 00:34:45,760
Lord Black, we will definitely have you back on again

566
00:34:45,840 --> 00:34:49,760
when volume three hits the press, the digital press or

567
00:34:49,840 --> 00:34:54,480
the printing press, whichever comes first. Really appreciate you coming on,

568
00:34:54,960 --> 00:34:58,320
you know, your contributions to knowledge everything else.

569
00:34:58,360 --> 00:35:01,440
Speaker 1: It's greatly appreciated. Thanks so much for having me.

570
00:35:01,480 --> 00:35:05,639
Speaker 2: Thanks for listening to carry Letz's Financial Survival Network, your

571
00:35:05,719 --> 00:35:09,519
solution to today's trying times. For the latest, go to

572
00:35:09,719 --> 00:35:15,920
Financial Survivalnetwork dot com. Financial Survival Network now more than ever,

