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David Friedberg Explains the Hidden Collapse Beneath Record Stock Prices 🔥🪙 “Instead of trading it in US dollars, what if you just look at the US stock market, the total value, in ounces of gold?” “The stock market's up in dollar-denominated terms, but if you look at the stock... market relative to gold, it's actually down.” “In a democracy, like we have for the past 250 years, without adequate constitutional constraints, it has always been the case that over time government spending goes up.” “And this is because in a democracy, people ask for their government to do more every year, and as they ask for their government to do more every year, the government agents who are elected say, ‘Okay, here you go,’ and they spend more.” “And eventually, when the borrowing capacity gets unlocked, which is what happened in the United States when we went off the gold standard, you borrow like crazy, you print money to fund those borrowing costs, but eventually the bill comes due.” “And in the United States, the bill is coming due.” “But I just want to tie it back to Minnesota, Donald Trump, and socialism.” “I think it's important for us to just highlight that if you own assets like we do, the four of us, we own stocks, we own real estate, we own other assets.” “As the dollar devalues and everything inflates in value, our asset prices go up and we get wealthier, and wealthier, and wealthier.” “The majority of Americans do not own assets. They are net asset negative.” “As a result, they live off of income and they do not benefit from the de-dollarization like asset holders do.” “And I fundamentally believe that much of the civil unrest and ultimately the divide in this country is driven by the fact that de-dollarization, because of excess government spending, ultimately leads a majority of people in this country to feeling oppressed and left behind because they're seeing a few people in the country accelerate their net worth, like all of us here, and there's no way for them to catch up because they don't actually own assets.”show more

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Excellent breakdown from David Friedberg on how a collapsing dollar leads to the rise of socialism "If you own assets as the dollar devalues and everything inflates in value, our asset prices go up. We get wealthier and wealthier. The majority of Americans do not own assets. They are net asset negative As a result, they live off of income, and they do not benefit from the de-dollarization like asset holders do. And this is what is ultimately fueling populism in the US."

Excellent breakdown from David Friedberg on how a collapsing dollar leads to the rise of socialism "If you own assets as the dollar devalues and everything inflates in value, our asset prices go up. We get wealthier and wealthier. The majority of Americans do not own assets. They are net asset negative As a result, they live off of income, and they do not benefit from the de-dollarization like asset holders do. And this is what is ultimately fueling populism in the US."

Boring_Business

463,817 Aufrufe • vor 4 Monaten

🚨💵Peter Schiff: Sanctions on Russia🇷🇺 marked the beginning of the end of the dollar as the world’s reserve currency “I was very critical at the time of the Biden sanctions against Russia, and I said that would come back to bite the US because I knew how critical the dollar’s reserve currency status was to propping up the US economy. I said that Biden just sent a very loud message, a warning to the world that they need to get rid of their dollars, that they could be the next Russia. If they do something that the United States doesn’t like, they’ve got that weapon. And so why would you want to enable the United States with a weapon to use against you? So I said this is going to result in a lot of selling of US dollars and US Treasuries. And that’s exactly what happened. The reason that gold is over $3300 an ounce is because central banks are getting rid of their dollars. And one of the reasons that the yield on US Treasuries just hit a new multi-year high and continues to rise is because we don’t have all the foreign buyers that Biden scared away. I think we’ve already established the precedent that the dollar is not sacrosanct. And if you’re a nation and you have US dollars, you have US Treasuries and you own them in good faith in that you would trust that they would be a reserve asset, a neutral reserve asset. We’ve already established a precedent that that’s not the case, that we can yank the rug out from under you whenever we want. So I think regardless of what Trump does now, if I was in China or any of these countries, especially China, because, you know, we vilify China, we say China’s our enemy. Okay, well, if China’s our enemy, why the hell do they want to leave themselves vulnerable by owning all of our bonds? And it’s not just Treasuries that they own. They own mortgage-backed securities. They have a tremendous amount of dollar-denominated assets, so I would be completely divesting as quickly as I could.” -Peter Schiff on Going Underground

🚨💵Peter Schiff: Sanctions on Russia🇷🇺 marked the beginning of the end of the dollar as the world’s reserve currency “I was very critical at the time of the Biden sanctions against Russia, and I said that would come back to bite the US because I knew how critical the dollar’s reserve currency status was to propping up the US economy. I said that Biden just sent a very loud message, a warning to the world that they need to get rid of their dollars, that they could be the next Russia. If they do something that the United States doesn’t like, they’ve got that weapon. And so why would you want to enable the United States with a weapon to use against you? So I said this is going to result in a lot of selling of US dollars and US Treasuries. And that’s exactly what happened. The reason that gold is over $3300 an ounce is because central banks are getting rid of their dollars. And one of the reasons that the yield on US Treasuries just hit a new multi-year high and continues to rise is because we don’t have all the foreign buyers that Biden scared away. I think we’ve already established the precedent that the dollar is not sacrosanct. And if you’re a nation and you have US dollars, you have US Treasuries and you own them in good faith in that you would trust that they would be a reserve asset, a neutral reserve asset. We’ve already established a precedent that that’s not the case, that we can yank the rug out from under you whenever we want. So I think regardless of what Trump does now, if I was in China or any of these countries, especially China, because, you know, we vilify China, we say China’s our enemy. Okay, well, if China’s our enemy, why the hell do they want to leave themselves vulnerable by owning all of our bonds? And it’s not just Treasuries that they own. They own mortgage-backed securities. They have a tremendous amount of dollar-denominated assets, so I would be completely divesting as quickly as I could.” -Peter Schiff on Going Underground

Going Underground

16,526 Aufrufe • vor 1 Monat

ELON: WE MUST PUT AN END TO THE TYRANNY OF THE BUREAUCRACY “In order for us to be a true democracy, a functioning democracy, the government must be responsive to the people. That's literally what democracy means. However, when you have a vast unelected bureaucracy that is not answerable to the public, and if the elected officials, the President, the people in Congress and the Senate, if they don't have the power to affect the bureaucracy — and it's actually extremely difficult to affect the bureaucracy — then you do not have rule of the people. Then, you do not have democracy, but you have rule of the bureau — bureaucracy. And this is obviously wrong. It is unconstitutional, and it is imperative, therefore, that we return power to the people of the country and not have tyranny of the bureaucracy, which we most definitely have had to a degree that is absurd. It's not just that there's an unconstitutional fourth branch of the government, but it is arguably the most powerful branch of the government.” Source: DOGE update on 𝕏 Spaces, February 2025

ELON: WE MUST PUT AN END TO THE TYRANNY OF THE BUREAUCRACY “In order for us to be a true democracy, a functioning democracy, the government must be responsive to the people. That's literally what democracy means. However, when you have a vast unelected bureaucracy that is not answerable to the public, and if the elected officials, the President, the people in Congress and the Senate, if they don't have the power to affect the bureaucracy — and it's actually extremely difficult to affect the bureaucracy — then you do not have rule of the people. Then, you do not have democracy, but you have rule of the bureau — bureaucracy. And this is obviously wrong. It is unconstitutional, and it is imperative, therefore, that we return power to the people of the country and not have tyranny of the bureaucracy, which we most definitely have had to a degree that is absurd. It's not just that there's an unconstitutional fourth branch of the government, but it is arguably the most powerful branch of the government.” Source: DOGE update on 𝕏 Spaces, February 2025

Mario Nawfal

1,738,793 Aufrufe • vor 1 Jahr

Elon Musk: We must end the tyranny of the bureaucracy. “In order for us to be a true democracy, a functioning democracy, the government must be responsive to the people. That's literally what democracy means. However, when you have a vast unelected bureaucracy that is not answerable to the public, and if the elected officials, the President, the people in Congress and the Senate, if they don't have the power to affect the bureaucracy — and it's actually extremely difficult to affect the bureaucracy — then you do not have rule of the people, you do not have democracy, you have rule of the bureau, bureaucracy. And this is obviously wrong. It is unconstitutional, and it is imperative, therefore, that we return power to the people of the country and not have tyranny of the bureaucracy, which we most definitely have had to follow to a degree that is absurd. It's not just that there's an unconstitutional fourth branch of the government, but it is arguably the most powerful branch of the government.” DOGE update on 𝕏 Spaces, February 3, 2025

Elon Musk: We must end the tyranny of the bureaucracy. “In order for us to be a true democracy, a functioning democracy, the government must be responsive to the people. That's literally what democracy means. However, when you have a vast unelected bureaucracy that is not answerable to the public, and if the elected officials, the President, the people in Congress and the Senate, if they don't have the power to affect the bureaucracy — and it's actually extremely difficult to affect the bureaucracy — then you do not have rule of the people, you do not have democracy, you have rule of the bureau, bureaucracy. And this is obviously wrong. It is unconstitutional, and it is imperative, therefore, that we return power to the people of the country and not have tyranny of the bureaucracy, which we most definitely have had to follow to a degree that is absurd. It's not just that there's an unconstitutional fourth branch of the government, but it is arguably the most powerful branch of the government.” DOGE update on 𝕏 Spaces, February 3, 2025

ELON CLIPS

14,738 Aufrufe • vor 1 Jahr

🚨Should the US create a Sovereign Wealth Fund? Chamath and Friedberg discuss Chamath: “I think that we should start a sovereign wealth fund right now.” “The great news is that these Trump tariff deals come with huge amounts of capital that these other countries have committed to spending inside the United States.” “We've exceeded $1T of inbound capital on the investment side. We get 90% of the upside.” “A lot of that capital should be the seed capital for a sovereign wealth fund.” Friedberg: “The concern I have is anytime we create a new income stream at the federal government, or we have some sort of growing asset that you mark up on the book, someone tends to invest ahead of the curve on that.” “Meaning someone takes that and they're like, ‘Oh, great, I can spend more now.’ I mean, we even saw this in California (with) Gavin Newsom and the budget skyrocketed as the income went up.” “Rather than take the surplus and book it for a rainy day, they went and spent ahead of it, and then all of a sudden they had a huge deficit.” “Which is what happened with Social Security is, it's like, okay, all these people are providing this income every year to the federal government, which they're supposed to be paying into their Social Security Trust Fund, which is gonna go bankrupt sometime between 2030 and 2033.” “But then what happened is we raided the coffers, we took all that money, and we started spending it on random new programs.” “And the problem is, by giving the government more assets, by giving the government more income, we set ourselves up for a circumstance where the federal government, the Congress says, ‘Great, we got more money to spend. Let's do X, Y, and Z program and let's do this. Let's build a high speed train. Let's do this. These are all good for American people.’” “And all of a sudden, you don't actually solve any real problems. And this is why my argument is that we should use it to fill the hole that we have, for example, in Social Security.” “And that needs to become an asset that's strictly used as an offset on Social Security, because if you don't put it in that box, it just becomes another spending mechanism.”

🚨Should the US create a Sovereign Wealth Fund? Chamath and Friedberg discuss Chamath: “I think that we should start a sovereign wealth fund right now.” “The great news is that these Trump tariff deals come with huge amounts of capital that these other countries have committed to spending inside the United States.” “We've exceeded $1T of inbound capital on the investment side. We get 90% of the upside.” “A lot of that capital should be the seed capital for a sovereign wealth fund.” Friedberg: “The concern I have is anytime we create a new income stream at the federal government, or we have some sort of growing asset that you mark up on the book, someone tends to invest ahead of the curve on that.” “Meaning someone takes that and they're like, ‘Oh, great, I can spend more now.’ I mean, we even saw this in California (with) Gavin Newsom and the budget skyrocketed as the income went up.” “Rather than take the surplus and book it for a rainy day, they went and spent ahead of it, and then all of a sudden they had a huge deficit.” “Which is what happened with Social Security is, it's like, okay, all these people are providing this income every year to the federal government, which they're supposed to be paying into their Social Security Trust Fund, which is gonna go bankrupt sometime between 2030 and 2033.” “But then what happened is we raided the coffers, we took all that money, and we started spending it on random new programs.” “And the problem is, by giving the government more assets, by giving the government more income, we set ourselves up for a circumstance where the federal government, the Congress says, ‘Great, we got more money to spend. Let's do X, Y, and Z program and let's do this. Let's build a high speed train. Let's do this. These are all good for American people.’” “And all of a sudden, you don't actually solve any real problems. And this is why my argument is that we should use it to fill the hole that we have, for example, in Social Security.” “And that needs to become an asset that's strictly used as an offset on Social Security, because if you don't put it in that box, it just becomes another spending mechanism.”

The All-In Podcast

44,397 Aufrufe • vor 9 Monaten

A Constitutional Attorney SPEAKS OUT Against What The United States Government Has Become, TYRANNICAL. Calls Out Big Pharma MUST LISTEN: “We Have The Right To Resist — When in the world do we start testing things on children?” “We The People is how the Constitution starts. A magistrate is a person that operates under authority and they are lesser magistrates. The founding fathers of this country understood that there is going to come a point in time where the federal government will need to be checked. If not, they will become tyrants. ‌ And that is what's happening now. So, the Declaration of Independence says that everyone, by virtue of being a human being, has the right to life, liberty, and the pursuit of happiness. The federal government too, the federal government purpose is to protect the rights of those citizens, the rights of us to our life, liberty and pursuit of happiness. The third point of that document is if they fail to protect its citizens and enforce those rights, the citizens have a right to revolt. Do you understand? We have a right to resist and we have an obligation and a duty to do so. ‌ Do you understand? ‌ Yeah! ‌ THEY ARE COMING FOR OUR CHILDREN, We cannot sit down! Nope. ‌ Everybody knows even the bad ones know that if you want to affect a country, you go for its children. ‌ When in the world do we start using children as bulletproof vests for us? ‌ When in the world do we start testing things on children? Legal shield. ‌ You have started a war! ‌ Each one reach one and teach one. Do you understand? As a magistrate in this country, the United States government, our government, our local leaders have to answer to us. The ninth amendment says that any rights that are not enumerated in the Constitution are reserved for the people. I don't want to hear that mandates are not enumerated in the Constitution because for the stuff that is not enumerated means to equal protection is the right to protect my body. When you want to, when you want to push something into my body against my consent, without my consent, it is rape. And this is medical rape. No!”

A Constitutional Attorney SPEAKS OUT Against What The United States Government Has Become, TYRANNICAL. Calls Out Big Pharma MUST LISTEN: “We Have The Right To Resist — When in the world do we start testing things on children?” “We The People is how the Constitution starts. A magistrate is a person that operates under authority and they are lesser magistrates. The founding fathers of this country understood that there is going to come a point in time where the federal government will need to be checked. If not, they will become tyrants. ‌ And that is what's happening now. So, the Declaration of Independence says that everyone, by virtue of being a human being, has the right to life, liberty, and the pursuit of happiness. The federal government too, the federal government purpose is to protect the rights of those citizens, the rights of us to our life, liberty and pursuit of happiness. The third point of that document is if they fail to protect its citizens and enforce those rights, the citizens have a right to revolt. Do you understand? We have a right to resist and we have an obligation and a duty to do so. ‌ Do you understand? ‌ Yeah! ‌ THEY ARE COMING FOR OUR CHILDREN, We cannot sit down! Nope. ‌ Everybody knows even the bad ones know that if you want to affect a country, you go for its children. ‌ When in the world do we start using children as bulletproof vests for us? ‌ When in the world do we start testing things on children? Legal shield. ‌ You have started a war! ‌ Each one reach one and teach one. Do you understand? As a magistrate in this country, the United States government, our government, our local leaders have to answer to us. The ninth amendment says that any rights that are not enumerated in the Constitution are reserved for the people. I don't want to hear that mandates are not enumerated in the Constitution because for the stuff that is not enumerated means to equal protection is the right to protect my body. When you want to, when you want to push something into my body against my consent, without my consent, it is rape. And this is medical rape. No!”

Wall Street Apes

228,883 Aufrufe • vor 2 Jahren

WOW 🚨 US Government paying for Costco Purchases for illegal migrants “So we just left Costco, and we were held up in the line for a few minutes because somebody — had a paper from the government. They were a newcomer to this country. So they had to take the form to the customer service, and everything that was in that cart was paid for by the government at Costco” “That was $100’s of dollars of stuff” “Most people can't afford to put groceries on their table. And yet, if you come to this country and you're a newcomer, you get access to all of the things that we have here, and you get your groceries at Costco”

WOW 🚨 US Government paying for Costco Purchases for illegal migrants “So we just left Costco, and we were held up in the line for a few minutes because somebody — had a paper from the government. They were a newcomer to this country. So they had to take the form to the customer service, and everything that was in that cart was paid for by the government at Costco” “That was $100’s of dollars of stuff” “Most people can't afford to put groceries on their table. And yet, if you come to this country and you're a newcomer, you get access to all of the things that we have here, and you get your groceries at Costco”

Wall Street Apes

1,249,380 Aufrufe • vor 1 Jahr

🚨Peter Schiff: China🇨🇳 is silently dumping the dollar, a US🇺🇸 dollar crisis is coming soon! ‘China is gradually weaning themselves off of the dollar. That’s why, if you look at their holdings of US Treasuries, they’ve actually gone down a bit over the years. If you look at all the new Treasuries we’ve issued over the years, the fact that the Chinese haven’t bought any of them is a big deal because they used to be a main buyer of these assets. Instead of buying more Treasuries, they’ve bought more gold. So if you look at US dollar debt as a percentage of all the reserves the Chinese own, Treasuries are a much smaller percentage of their total reserves than they once were, especially if you consider the appreciation of gold. I would guess the reason they’re not moving more dramatically is because they probably don’t want to cause a crash, the dollar to implode, the Treasury market to implode, because they are trying to sell and want to get a decent price. So I think they’re happy to slowly bleed it off to try to get that good price. They just have to worry about the impact on the dollar, because if they try to dump too many dollars at once, the dollar could go down, and especially if a lot of other countries see that and want to get out. There could be a run on the dollar. If all the holders decide they want to get out, they don’t want to be the last one holding the dollar, and so it becomes a rush, and we could be in a US dollar crisis relatively soon anyway… I think we’re heading for a real crisis in the US, and I think countries that are smart would be trying to get ahead of that by selling whatever they can, as quietly as they can, out of US dollars and any US dollar-denominated debt.’ -Peter Schiff on Going Underground

🚨Peter Schiff: China🇨🇳 is silently dumping the dollar, a US🇺🇸 dollar crisis is coming soon! ‘China is gradually weaning themselves off of the dollar. That’s why, if you look at their holdings of US Treasuries, they’ve actually gone down a bit over the years. If you look at all the new Treasuries we’ve issued over the years, the fact that the Chinese haven’t bought any of them is a big deal because they used to be a main buyer of these assets. Instead of buying more Treasuries, they’ve bought more gold. So if you look at US dollar debt as a percentage of all the reserves the Chinese own, Treasuries are a much smaller percentage of their total reserves than they once were, especially if you consider the appreciation of gold. I would guess the reason they’re not moving more dramatically is because they probably don’t want to cause a crash, the dollar to implode, the Treasury market to implode, because they are trying to sell and want to get a decent price. So I think they’re happy to slowly bleed it off to try to get that good price. They just have to worry about the impact on the dollar, because if they try to dump too many dollars at once, the dollar could go down, and especially if a lot of other countries see that and want to get out. There could be a run on the dollar. If all the holders decide they want to get out, they don’t want to be the last one holding the dollar, and so it becomes a rush, and we could be in a US dollar crisis relatively soon anyway… I think we’re heading for a real crisis in the US, and I think countries that are smart would be trying to get ahead of that by selling whatever they can, as quietly as they can, out of US dollars and any US dollar-denominated debt.’ -Peter Schiff on Going Underground

Afshin Rattansi

107,843 Aufrufe • vor 4 Monaten

🚨💵Peter Schiff: Sanctions on Russia🇷🇺 marked the beginning of the end of the dollar as the world’s reserve currency “I was very critical at the time of the Biden sanctions against Russia, and I said that would come back to bite the US because I knew how critical the dollar’s reserve currency status was to propping up the US economy. I said that Biden just sent a very loud message, a warning to the world that they need to get rid of their dollars, that they could be the next Russia. If they do something that the United States doesn’t like, they’ve got that weapon. And so why would you want to enable the United States with a weapon to use against you? So I said this is going to result in a lot of selling of US dollars and US Treasuries. And that’s exactly what happened. The reason that gold is over $3300 an ounce is because central banks are getting rid of their dollars. And one of the reasons that the yield on US Treasuries just hit a new multi-year high and continues to rise is because we don’t have all the foreign buyers that Biden scared away. I think we’ve already established the precedent that the dollar is not sacrosanct. And if you’re a nation and you have US dollars, you have US Treasuries and you own them in good faith in that you would trust that they would be a reserve asset, a neutral reserve asset. We’ve already established a precedent that that’s not the case, that we can yank the rug out from under you whenever we want. So I think regardless of what Trump does now, if I was in China or any of these countries, especially China, because, you know, we vilify China, we say China’s our enemy. Okay, well, if China’s our enemy, why the hell do they want to leave themselves vulnerable by owning all of our bonds? And it’s not just Treasuries that they own. They own mortgage-backed securities. They have a tremendous amount of dollar-denominated assets, so I would be completely divesting as quickly as I could.” -Peter Schiff on the latest episode of Going Underground FULL INTERVIEW BELOW IN THE REPLIES👇

🚨💵Peter Schiff: Sanctions on Russia🇷🇺 marked the beginning of the end of the dollar as the world’s reserve currency “I was very critical at the time of the Biden sanctions against Russia, and I said that would come back to bite the US because I knew how critical the dollar’s reserve currency status was to propping up the US economy. I said that Biden just sent a very loud message, a warning to the world that they need to get rid of their dollars, that they could be the next Russia. If they do something that the United States doesn’t like, they’ve got that weapon. And so why would you want to enable the United States with a weapon to use against you? So I said this is going to result in a lot of selling of US dollars and US Treasuries. And that’s exactly what happened. The reason that gold is over $3300 an ounce is because central banks are getting rid of their dollars. And one of the reasons that the yield on US Treasuries just hit a new multi-year high and continues to rise is because we don’t have all the foreign buyers that Biden scared away. I think we’ve already established the precedent that the dollar is not sacrosanct. And if you’re a nation and you have US dollars, you have US Treasuries and you own them in good faith in that you would trust that they would be a reserve asset, a neutral reserve asset. We’ve already established a precedent that that’s not the case, that we can yank the rug out from under you whenever we want. So I think regardless of what Trump does now, if I was in China or any of these countries, especially China, because, you know, we vilify China, we say China’s our enemy. Okay, well, if China’s our enemy, why the hell do they want to leave themselves vulnerable by owning all of our bonds? And it’s not just Treasuries that they own. They own mortgage-backed securities. They have a tremendous amount of dollar-denominated assets, so I would be completely divesting as quickly as I could.” -Peter Schiff on the latest episode of Going Underground FULL INTERVIEW BELOW IN THE REPLIES👇

Going Underground

38,275 Aufrufe • vor 1 Jahr

Why do we have inflation? The Fed tries to force 2% inflation. It wasn’t always this way. “The natural tendency for prices is to go down. If you look at the CPI in 1900 and you look at it in 1800, it was down by 50%. So for a hundred years in America, prices went down. And during that time, we had the Industrial Revolution.” “We had the most rapid period of economic growth in the history of America, which was after the Civil War and into the early 1900s. All the time prices were coming down.” “Today, the Federal Reserve says that we need to have 2 % inflation. Prices have to go up 2 % a year. Why? I mean, why does the cost of living have to go up? Why can't it go down or at least remain the same? And what is the answer to that? What's the rationale for that?” “Well, they have a bunch of BS explanations and it's all to justify the fact that the government wants inflation. It's not that it's good for us. The government needs it.” “It's the way the government raises revenue and repudiates its debts.” Peter Schiff

Why do we have inflation? The Fed tries to force 2% inflation. It wasn’t always this way. “The natural tendency for prices is to go down. If you look at the CPI in 1900 and you look at it in 1800, it was down by 50%. So for a hundred years in America, prices went down. And during that time, we had the Industrial Revolution.” “We had the most rapid period of economic growth in the history of America, which was after the Civil War and into the early 1900s. All the time prices were coming down.” “Today, the Federal Reserve says that we need to have 2 % inflation. Prices have to go up 2 % a year. Why? I mean, why does the cost of living have to go up? Why can't it go down or at least remain the same? And what is the answer to that? What's the rationale for that?” “Well, they have a bunch of BS explanations and it's all to justify the fact that the government wants inflation. It's not that it's good for us. The government needs it.” “It's the way the government raises revenue and repudiates its debts.” Peter Schiff

Wall Street Mav

98,887 Aufrufe • vor 2 Monaten

🚨 Andrew Schulz and Chamath Discuss the Main Street vs Wall Street Disconnect Andrew Schulz 👑HEZI: "Every American thinks they're going to be a millionaire. That's what this country drives off of." "And the second they stop thinking they will be, or they can be, it falls apart." "I'm telling you, the you guys of the world need to pay close attention to because there's going to be no empathy if anything bad happens, 'Oh the stock market is down.'" "No Americans are invested in the stock market. That's all you guys." @jason: " Half of the country is." Chamath Palihapitiya: " I've been saying it for months. Nobody cares about the stock market. Nor should we." "And the reason is because we, people who own these assets, have overly benefited more than we've deserved for the last 15 years." "We took interest rates literally to zero. Anybody like us who could have gone and gotten levered up and gone into the stock market was richly rewarded." "And the problem is we left everybody else behind." "And I think the great thing about Trump is he is going to reset that he is going to take a lot of wealth away from asset holders. "There is no sympathy. I think it's fantastic." Andrew Schulz 👑HEZI: " It's great to hear you even saying that, because I feel like a lot of people that are in your guy's position don't understand that disconnect."

🚨 Andrew Schulz and Chamath Discuss the Main Street vs Wall Street Disconnect Andrew Schulz 👑HEZI: "Every American thinks they're going to be a millionaire. That's what this country drives off of." "And the second they stop thinking they will be, or they can be, it falls apart." "I'm telling you, the you guys of the world need to pay close attention to because there's going to be no empathy if anything bad happens, 'Oh the stock market is down.'" "No Americans are invested in the stock market. That's all you guys." @jason: " Half of the country is." Chamath Palihapitiya: " I've been saying it for months. Nobody cares about the stock market. Nor should we." "And the reason is because we, people who own these assets, have overly benefited more than we've deserved for the last 15 years." "We took interest rates literally to zero. Anybody like us who could have gone and gotten levered up and gone into the stock market was richly rewarded." "And the problem is we left everybody else behind." "And I think the great thing about Trump is he is going to reset that he is going to take a lot of wealth away from asset holders. "There is no sympathy. I think it's fantastic." Andrew Schulz 👑HEZI: " It's great to hear you even saying that, because I feel like a lot of people that are in your guy's position don't understand that disconnect."

The All-In Podcast

163,484 Aufrufe • vor 1 Jahr

"I want to describe to you the life of a non-vaccinated person in Israel today. Our life has been destroyed, and we woke up to a nightmare in which we have have been kidnapped by our own government, who sold us to be guinea pigs to an experimental vaccine. They want us to give up our bodies and our souls with no questions. We have become the biggest clinical trial of a vaccine in history in the scale of an entire country" Listen to this testimony from an Israeli citizen on what life was like for an unvaccinated person in Israel at the beginning of the insane vaccination campaign and mass experiment on the Israeli people. What's the difference between Israel experimenting on millions of their own citizens and killing thousands of them with forceful coercion techniques, and them bombing a hospital in Gaza killing 500? or letting Hamas kill their people as justification for the war and perpetuation of more death. If we just go by the numbers, shouldn't we all be far more outraged about the vaccine? That death toll is easily over a million globally now, perhaps even tens of millions. Why should I trust the government that did this to their own people? Why should I listen to any government that did this to their people? It's willful murder no matter how you spin it, and we should all know by now that the denial of such evils by all the authorities that people are still clinging to for the truth, or the ignorance/negligence excuse that they didn't know, is a complete and utter BS lie. They had a clear purpose with the vaccines and knew exactly what they were doing, just as they have a clear purpose now with war and propaganda that comes with it. Depopulation.

"I want to describe to you the life of a non-vaccinated person in Israel today. Our life has been destroyed, and we woke up to a nightmare in which we have have been kidnapped by our own government, who sold us to be guinea pigs to an experimental vaccine. They want us to give up our bodies and our souls with no questions. We have become the biggest clinical trial of a vaccine in history in the scale of an entire country" Listen to this testimony from an Israeli citizen on what life was like for an unvaccinated person in Israel at the beginning of the insane vaccination campaign and mass experiment on the Israeli people. What's the difference between Israel experimenting on millions of their own citizens and killing thousands of them with forceful coercion techniques, and them bombing a hospital in Gaza killing 500? or letting Hamas kill their people as justification for the war and perpetuation of more death. If we just go by the numbers, shouldn't we all be far more outraged about the vaccine? That death toll is easily over a million globally now, perhaps even tens of millions. Why should I trust the government that did this to their own people? Why should I listen to any government that did this to their people? It's willful murder no matter how you spin it, and we should all know by now that the denial of such evils by all the authorities that people are still clinging to for the truth, or the ignorance/negligence excuse that they didn't know, is a complete and utter BS lie. They had a clear purpose with the vaccines and knew exactly what they were doing, just as they have a clear purpose now with war and propaganda that comes with it. Depopulation.

Inversionism

640,831 Aufrufe • vor 2 Jahren

YOKO ONO: ONOCHORD, VENICE, 2004 Yoko: The world is divided in two industries. One is the War Industry and the other is the Peace Industry. The people in the War Industry are totally together. They don't have to talk to each other, even. They know exactly what they want to do. They want to go out there, kill and make money. But the people in the Peace Industry, which are us - we are so idealistic that each one of us criticises the other Peace Person in the Peace Industry. And we are always just arguing and we are wasting our energies doing that. So let's just forgive each other and see that we are in the Peace Industry and that's all that counts. Even if you are not marching for peace, just be yourself, being a florist, being a merchant, being a talior, anything. That way you're contributing to the Peace Industry. People are just concentrating on fear, confusion and anger. And therefore just for a moment, I'd like us to think about Love. In a very magical, straight way, John and I met in London and from then on we stood for Peace and Love. And when I do this kind of event. Well it is... I was inspired to do it, but I still think that I'm still with John in spirit. John and I created the country called Nutopia. Not Utopia, because there was Utopia as a concept already. And we wanted to create a new concept, so we just added N on it - Nutopia - and as a country. Well, that is the concept of a country. And we all are citizens of that country. And in my apartment in the Dakota Building, we put a little plaque on the back door, the kitchen door. It says 'Nutopian Embassy' and even now we have that. (laughs). Nutopia exists in our minds. And because of that, some people want to rebel against it. The reason some want to rebel against it is a good proof that it exists. I think that it was a terrible thing that happened in Chechnya. But we have to still keep our hopes up. And instead of giving up, we have to keep on sending the message of Love to each other. You say that I am the Ambassador of Peace. We are all Ambassadors of Peace. You are too. Everybody in this room are Ambassadors of Peace. Just the fact that we are not participating in War. The fact that we are here, and we are what we are, means that we are in the Peace Industry. All of us. John and I used to say that our apartment in the Dakota is a conceptual monastry, just for the two of us. And when we go out of the Dakota, we get so many people communicating with us, so it's very important that we had silence and quietness. And my apartment is a very small space compared to the world. And I need that for my peace of mind. You should be kind to each other. You should come together, hug each other, love each other, express our love to each other and we should make it work. We should finally create a world that is a totally an Earth for Us. So let's do it. Yoko Ono, OpenAsia Press Conference, whilst exhibiting Onochord, 2004 by Yoko Ono (Nutopia) at the Venice Biennale: OpenAsia 2004, Lido Di Venezia, Venice, Italy, 9 September 2004.

YOKO ONO: ONOCHORD, VENICE, 2004 Yoko: The world is divided in two industries. One is the War Industry and the other is the Peace Industry. The people in the War Industry are totally together. They don't have to talk to each other, even. They know exactly what they want to do. They want to go out there, kill and make money. But the people in the Peace Industry, which are us - we are so idealistic that each one of us criticises the other Peace Person in the Peace Industry. And we are always just arguing and we are wasting our energies doing that. So let's just forgive each other and see that we are in the Peace Industry and that's all that counts. Even if you are not marching for peace, just be yourself, being a florist, being a merchant, being a talior, anything. That way you're contributing to the Peace Industry. People are just concentrating on fear, confusion and anger. And therefore just for a moment, I'd like us to think about Love. In a very magical, straight way, John and I met in London and from then on we stood for Peace and Love. And when I do this kind of event. Well it is... I was inspired to do it, but I still think that I'm still with John in spirit. John and I created the country called Nutopia. Not Utopia, because there was Utopia as a concept already. And we wanted to create a new concept, so we just added N on it - Nutopia - and as a country. Well, that is the concept of a country. And we all are citizens of that country. And in my apartment in the Dakota Building, we put a little plaque on the back door, the kitchen door. It says 'Nutopian Embassy' and even now we have that. (laughs). Nutopia exists in our minds. And because of that, some people want to rebel against it. The reason some want to rebel against it is a good proof that it exists. I think that it was a terrible thing that happened in Chechnya. But we have to still keep our hopes up. And instead of giving up, we have to keep on sending the message of Love to each other. You say that I am the Ambassador of Peace. We are all Ambassadors of Peace. You are too. Everybody in this room are Ambassadors of Peace. Just the fact that we are not participating in War. The fact that we are here, and we are what we are, means that we are in the Peace Industry. All of us. John and I used to say that our apartment in the Dakota is a conceptual monastry, just for the two of us. And when we go out of the Dakota, we get so many people communicating with us, so it's very important that we had silence and quietness. And my apartment is a very small space compared to the world. And I need that for my peace of mind. You should be kind to each other. You should come together, hug each other, love each other, express our love to each other and we should make it work. We should finally create a world that is a totally an Earth for Us. So let's do it. Yoko Ono, OpenAsia Press Conference, whilst exhibiting Onochord, 2004 by Yoko Ono (Nutopia) at the Venice Biennale: OpenAsia 2004, Lido Di Venezia, Venice, Italy, 9 September 2004.

Yoko Ono

35,208 Aufrufe • vor 2 Jahren

MUST LISTEN: Congress Rep Chip Roy Exposes How Corrupt US Government Has Become “I’ll be damned if I'm going to empower a government to extend beyond its constitutional limits” “Government that is now tyrannically using its power to: - Go after the American people - Go after former politicians, including the former president - That is spending money we don't have - That is using that power to regulate us to death on virtually every bill that virtually every Republican on this side of the aisle that claims to be a limited government conservative votes for Why? Because they don't want the Fraternal Order of Police or other law enforcement organizations to come after them.” “Over the last 16 months, there's been a battle which represents the larger war brewing within the Republican Party because unfortunately my colleagues on the other side of the aisle are so far gone, down the rabbit hole of radical progressive policies that absolutely destroy our country every single day, littering our country with regulations, littering our country with all sorts of crime, littering our country with open borders, engaging in endless wars. All of the stuff that is happening because our Democratic colleagues are frankly undermining the American dream and undermining Western civilization and undermining everything we hold dear. There's been a battle going on for the soul of the party in the country within the Republican Party. And I want to tell you, I'm not in the majority. I'm not. Say, Chip, you're in the majority in the House. You have a razor-thin majority. No, I'm not. I'm not in the majority. I'm in the minority. A minority of Republicans who try to wake up here and change this place rather than just campaign on it.” “I work for 750,000 Texans. I respond to them, to God, and the Constitution of the United States. I do not work for anybody in this chamber. I do not work for any organization. I don't work for any donor. I work for the people and I work for a people who are sick and damn tired of this institution run by a bunch of people who campaign saying one thing and they get here and do another.” “34.5 trillion of debt, $1 trillion every three months. We already spend more on interest than our defense. We're about to crack $1 trillion of interest. They say we will hit $2 to $3 trillion of interest by 2030. - Our borders are wide open - We have kids dying. We had Austin, Texas. Four more people the other night died from fentanyl poisoning. Bunch of others had to be resuscitated with Narcan. The people of Texas are continuing to deal with thousands of people pouring across the border. It's not in the headlines right now because universities are in the headlines. But everybody in Texas who are reeling from inflation, who can't afford a car, who can't afford their home, who can't afford the interest on their mortgage, who can't afford to buy groceries, who are dealing with crime on their streets, who are dealing with open borders, they all want some sort of sanity coming out of this institution. And what do we do? What do Republicans do in all of their infinite wisdom? We fund more of it. We fund the Department of Homeland Security again. We give the FBI a brand new $200 million headquarters. You can't even make this stuff up. We give more power to the intelligence community to spy on Americans. Don't even protect Americans with warrants. You can't even make it up.“

Wall Street Apes

726,508 Aufrufe • vor 2 Jahren

.Scott Jennings on the level of security that accompanied most of the presidential line of succession that were in attendance for the #WHCD when the shooting broke out.... "A lot of important people. And I just think these people are all guarded by people. Secret Service cabinet officers have their own protection. The Capitol Police protect the people from the legislative branch. You got a number of different -- you got D.C. Police, got a number of different law enforcement people here. And look, you know, at the end of the day, the shooter is in custody. And we'll learn details. But these are -- these are brave people because they are guarding people that are constantly under threat. They're going to these major events, thousands of people are around. You know, it's a little wild out there. And -- and so, I just think I just wanted to say, thank God for these law enforcement personnel because what they do to put their lives on the line to protect the continuity of our government and events like this, we should be proud that they serve our country and our -- and our government the way they do."

.Scott Jennings on the level of security that accompanied most of the presidential line of succession that were in attendance for the #WHCD when the shooting broke out.... "A lot of important people. And I just think these people are all guarded by people. Secret Service cabinet officers have their own protection. The Capitol Police protect the people from the legislative branch. You got a number of different -- you got D.C. Police, got a number of different law enforcement people here. And look, you know, at the end of the day, the shooter is in custody. And we'll learn details. But these are -- these are brave people because they are guarding people that are constantly under threat. They're going to these major events, thousands of people are around. You know, it's a little wild out there. And -- and so, I just think I just wanted to say, thank God for these law enforcement personnel because what they do to put their lives on the line to protect the continuity of our government and events like this, we should be proud that they serve our country and our -- and our government the way they do."

Curtis Houck

137,423 Aufrufe • vor 1 Monat

🚨 WOW. Rep. Tim Burchett walked out of a committee meeting at 1AM FURIOUS saying the Republican Chair struck a back room deal and allowed traffic fine cameras to make their way into the bill — to the opposition of Republicans “We should KNOW better being in the MAJORITY, but we're NOT.” “We just get ROLLED, and they cut the deal a long time ago before any of us have access to it, so we got a few amendments in there, but not what we really needed.” “Graves, he's a Republican, voted against, it looked like a majority of the Republican amendments and most of them DIED and they were all pretty good doing away with those crazy traffic cameras!” “They're just, all they are is revenue cameras and wouldn't vote with us on that and first they're in the bill and it's just, it's got a lot in it.” “It's wheeled for greased on us and the lobbyists are all jacked up on it, so anyway, it's just what they do to you!” “It's just, it's what happens in these committees, folks, every time.” “Anyway, I'm disgusted, disgusted with our own party. I just, this is what happens.”

🚨 WOW. Rep. Tim Burchett walked out of a committee meeting at 1AM FURIOUS saying the Republican Chair struck a back room deal and allowed traffic fine cameras to make their way into the bill — to the opposition of Republicans “We should KNOW better being in the MAJORITY, but we're NOT.” “We just get ROLLED, and they cut the deal a long time ago before any of us have access to it, so we got a few amendments in there, but not what we really needed.” “Graves, he's a Republican, voted against, it looked like a majority of the Republican amendments and most of them DIED and they were all pretty good doing away with those crazy traffic cameras!” “They're just, all they are is revenue cameras and wouldn't vote with us on that and first they're in the bill and it's just, it's got a lot in it.” “It's wheeled for greased on us and the lobbyists are all jacked up on it, so anyway, it's just what they do to you!” “It's just, it's what happens in these committees, folks, every time.” “Anyway, I'm disgusted, disgusted with our own party. I just, this is what happens.”

Eric Daugherty

43,624 Aufrufe • vor 1 Monat

THIS IS WHAT A GOVERNMENT THAT FEARS REAL OPPOSITION LOOKS LIKE. THIS IS WHAT A FASCIST POLICE FORCE THAT FEARS ITS OWN CITIZENS LOOKS LIKE. Tonight in Tel Aviv, and in many other cities, large demonstrations took place against the war and against the government. Thousands took to the streets. Ben Gvir’s police tried to silence us and violently disperse our protest. They do not want us to raise our voices. They want the public to believe that the only alternative is to live by the sword forever. They fear this voice, the voice that says it is possible to live without wars, without occupation; to live in real peace and true security. They are terrified of the alternative we are offering. But we are not afraid of them. Not at all. Big respect to all the protesters standing firm. The more they try to suppress and silence us, the more we will grow, and the stronger we will become.

THIS IS WHAT A GOVERNMENT THAT FEARS REAL OPPOSITION LOOKS LIKE. THIS IS WHAT A FASCIST POLICE FORCE THAT FEARS ITS OWN CITIZENS LOOKS LIKE. Tonight in Tel Aviv, and in many other cities, large demonstrations took place against the war and against the government. Thousands took to the streets. Ben Gvir’s police tried to silence us and violently disperse our protest. They do not want us to raise our voices. They want the public to believe that the only alternative is to live by the sword forever. They fear this voice, the voice that says it is possible to live without wars, without occupation; to live in real peace and true security. They are terrified of the alternative we are offering. But we are not afraid of them. Not at all. Big respect to all the protesters standing firm. The more they try to suppress and silence us, the more we will grow, and the stronger we will become.

איימן עודה أيمن عودة Ayman Odeh

42,095 Aufrufe • vor 2 Monaten

Lindsey German, "I'd like you to just look around at your neighbours here this afternoon on this demonstration." "I'd like you to look at the diversity — the different nationalities, the different religions that are here." "Then I would like to ask you whether you think this looks like a hate march, because we are the exact opposite of hate marchers." "Despite what has been said by the police, by Keir Starmer, by the politicians and by the media, everybody is here today because they oppose hate, they oppose war, they oppose genocide, they oppose what is being done to the people of Palestine." "And we are here today in solidarity with the people of Palestine, because it is still going on." "Gaza was bombed last night. Lebanon was bombed last night." "There is no ceasefire and no justice for the Palestinians." "And if you want to see what a real hate march looks like, just look over St James’s Park to Parliament Square." "That’s a hate march." "They hate Muslims, they hate people from abroad, they hate migrants, they hate women, they hate absolutely anybody who isn’t like them." "They are the real hate marchers." "And we are here today to take a stand in solidarity with the Palestinians, but also against any form of racism and fascism." "And one of the most shocking things about all this is the way the police have been criminalising our marches, the way they have been arresting people, the way they try to ban slogans, the way in which they say that people are not allowed to stand up for the Palestinians." "And I’ve got a message for Mark Rowley and the Metropolitan Police." "Do not start telling us what racism looks like." "We know what racism looks like, and we know it much better than the Metropolitan Police know what it looks like." "My final point is this." "Keir Starmer is toast." "He’s not going to last until the autumn, nor should he." "And one of the main reasons he’s toast is because of his foreign policy, because of his support for the genocide, because of all those sorts of deeds." "But do not think that whoever takes his place, they need to change their foreign policy." "We have a big political crisis in this country." "We do not want to have to pay for their crisis."

Lindsey German, "I'd like you to just look around at your neighbours here this afternoon on this demonstration." "I'd like you to look at the diversity — the different nationalities, the different religions that are here." "Then I would like to ask you whether you think this looks like a hate march, because we are the exact opposite of hate marchers." "Despite what has been said by the police, by Keir Starmer, by the politicians and by the media, everybody is here today because they oppose hate, they oppose war, they oppose genocide, they oppose what is being done to the people of Palestine." "And we are here today in solidarity with the people of Palestine, because it is still going on." "Gaza was bombed last night. Lebanon was bombed last night." "There is no ceasefire and no justice for the Palestinians." "And if you want to see what a real hate march looks like, just look over St James’s Park to Parliament Square." "That’s a hate march." "They hate Muslims, they hate people from abroad, they hate migrants, they hate women, they hate absolutely anybody who isn’t like them." "They are the real hate marchers." "And we are here today to take a stand in solidarity with the Palestinians, but also against any form of racism and fascism." "And one of the most shocking things about all this is the way the police have been criminalising our marches, the way they have been arresting people, the way they try to ban slogans, the way in which they say that people are not allowed to stand up for the Palestinians." "And I’ve got a message for Mark Rowley and the Metropolitan Police." "Do not start telling us what racism looks like." "We know what racism looks like, and we know it much better than the Metropolitan Police know what it looks like." "My final point is this." "Keir Starmer is toast." "He’s not going to last until the autumn, nor should he." "And one of the main reasons he’s toast is because of his foreign policy, because of his support for the genocide, because of all those sorts of deeds." "But do not think that whoever takes his place, they need to change their foreign policy." "We have a big political crisis in this country." "We do not want to have to pay for their crisis."

Farrukh

12,791 Aufrufe • vor 1 Monat

David Friedberg Breaks Down Zohran Mamdani's Win in NYC: The College Debt Crisis Has Led Young People to Socialism "It's really a revolution against the system that brought them to this moment." "Because the promise that we gave in America, the American Dream, was if you go to college, you will graduate, you will have income, you will have stability, you'll be able to buy a home." "And what we did is we increased the government's role in making that dream possible, and in doing so, we created effectively a system where we gave unrestricted access to capital, which inflated the cost of education." " People could go to school like Zohran and major in African studies and graduate with $200-300K of debt and then never get a job. The guy has not had a real job. And this is the truth for 32 million young Americans." " They all have what is called negative capital. They have debt and they will never be able to get out of that cycle." "So where do you turn in that moment? You don't go turn to corporations to solve your problems. You don't go turn to your friends and your siblings and your family, they're not gonna bail you out." "You turn to the voting booth, and you hear a guy like Zohran show up and say, 'There can be a better path forward.' The better path forward is the government can and should do more to help." "And in doing more to help, we will increase government, we will tax the rich, we will tax the corporations. We will take all of that capital and we will redistribute it in the form of services and checks and support for all of the people that find themselves unable to take care of themselves." "And this becomes a tipping point when the majority of the voter base ends up in that situation where they're that deeply in need, where they have negative capital." "And that is the situation America finds itself in today."

David Friedberg Breaks Down Zohran Mamdani's Win in NYC: The College Debt Crisis Has Led Young People to Socialism "It's really a revolution against the system that brought them to this moment." "Because the promise that we gave in America, the American Dream, was if you go to college, you will graduate, you will have income, you will have stability, you'll be able to buy a home." "And what we did is we increased the government's role in making that dream possible, and in doing so, we created effectively a system where we gave unrestricted access to capital, which inflated the cost of education." " People could go to school like Zohran and major in African studies and graduate with $200-300K of debt and then never get a job. The guy has not had a real job. And this is the truth for 32 million young Americans." " They all have what is called negative capital. They have debt and they will never be able to get out of that cycle." "So where do you turn in that moment? You don't go turn to corporations to solve your problems. You don't go turn to your friends and your siblings and your family, they're not gonna bail you out." "You turn to the voting booth, and you hear a guy like Zohran show up and say, 'There can be a better path forward.' The better path forward is the government can and should do more to help." "And in doing more to help, we will increase government, we will tax the rich, we will tax the corporations. We will take all of that capital and we will redistribute it in the form of services and checks and support for all of the people that find themselves unable to take care of themselves." "And this becomes a tipping point when the majority of the voter base ends up in that situation where they're that deeply in need, where they have negative capital." "And that is the situation America finds itself in today."

The All-In Podcast

470,748 Aufrufe • vor 1 Jahr

🚨WATCH: A 40-year compilation of Donald Trump speaking out against NAFTA, the WTO, and other trade deals that have exploited American consumers and devastated U.S. manufacturing. "When you put a tax on Japan for the products that they're selling, you will bring in hundreds of billions of dollars to this country, which can go to rebuilding our inner cities instead of giving Japan free military defense, you charge them for what they're getting, and you bring in hundreds of billions of dollars. If the right person asked, they would gladly pay, because they'd have to pay." "The fact is that you don't have free trade. We think of it as free trade, but right now, you don't have free trade. We let Japan come in and dump everything right into our markets. If you ever go to Japan right now and try to sell something, forget about it. Just forget about it. It's almost impossible. They don't have laws against it. They just make it impossible. They come over here, they sell their cars, their VCRs. They knock the hell out of our companies. And hey, I have tremendous respect for the Japanese people. I mean, you can respect somebody that's beating the hell out of you, but they are beating the hell out of this country." "It's tough to build housing for people when you're losing $200 billion a year. What I'm saying is the United States is systematically being ripped off by many of the wealthiest countries of the world. You look at Saudi Arabia, Kuwait, and various of the other oil-producing countries, you'll see their lifestyle is beyond belief because we give them their freedom and they give us nothing. I'm saying I want the money so that we can put it into Harlem. So that we can give the money back to education because that's the big picture." "Kuwait, they live like kings. We make it possible for them to sell their oil, and yet they're not paying us. Why aren't they paying us 25% of what they make? ... Look at how we opened up the Persian Gulf. Most of the oil goes to Japan. We open up the Persian Gulf for Japan to get oil, for Saudi Arabia, for Kuwait to make money. Why aren't they paying us for this?" "NAFTA has ripped the heart out of this country, signed by Bill Clinton. It has been probably the worst trade deal, the worst economic trade deal ever signed by any country anywhere in the world." "I want free trade, but it's got to be fair trade. It's got to be good deals for the United States. I was asked recently, well, what is your definition of trade? I say make good deals for the United States, and ideally, make great deals for the United States. These horrendous trade deals have destroyed New York State. They have destroyed Pennsylvania and Michigan. Look at what's going on in Michigan. The car companies are moving to Mexico in particular. It's unbelievable." "China just devalued its currency. They're basically saying, 'we're really ripping you big league.' And believe me, they are taking our jobs, and China is not the only one. You look at other countries and they're all doing the same thing... They're making all our products. We're not manufacturing anything. They are selling it to us. They take our money and they loan it back to us." Chart below👇

🚨WATCH: A 40-year compilation of Donald Trump speaking out against NAFTA, the WTO, and other trade deals that have exploited American consumers and devastated U.S. manufacturing. "When you put a tax on Japan for the products that they're selling, you will bring in hundreds of billions of dollars to this country, which can go to rebuilding our inner cities instead of giving Japan free military defense, you charge them for what they're getting, and you bring in hundreds of billions of dollars. If the right person asked, they would gladly pay, because they'd have to pay." "The fact is that you don't have free trade. We think of it as free trade, but right now, you don't have free trade. We let Japan come in and dump everything right into our markets. If you ever go to Japan right now and try to sell something, forget about it. Just forget about it. It's almost impossible. They don't have laws against it. They just make it impossible. They come over here, they sell their cars, their VCRs. They knock the hell out of our companies. And hey, I have tremendous respect for the Japanese people. I mean, you can respect somebody that's beating the hell out of you, but they are beating the hell out of this country." "It's tough to build housing for people when you're losing $200 billion a year. What I'm saying is the United States is systematically being ripped off by many of the wealthiest countries of the world. You look at Saudi Arabia, Kuwait, and various of the other oil-producing countries, you'll see their lifestyle is beyond belief because we give them their freedom and they give us nothing. I'm saying I want the money so that we can put it into Harlem. So that we can give the money back to education because that's the big picture." "Kuwait, they live like kings. We make it possible for them to sell their oil, and yet they're not paying us. Why aren't they paying us 25% of what they make? ... Look at how we opened up the Persian Gulf. Most of the oil goes to Japan. We open up the Persian Gulf for Japan to get oil, for Saudi Arabia, for Kuwait to make money. Why aren't they paying us for this?" "NAFTA has ripped the heart out of this country, signed by Bill Clinton. It has been probably the worst trade deal, the worst economic trade deal ever signed by any country anywhere in the world." "I want free trade, but it's got to be fair trade. It's got to be good deals for the United States. I was asked recently, well, what is your definition of trade? I say make good deals for the United States, and ideally, make great deals for the United States. These horrendous trade deals have destroyed New York State. They have destroyed Pennsylvania and Michigan. Look at what's going on in Michigan. The car companies are moving to Mexico in particular. It's unbelievable." "China just devalued its currency. They're basically saying, 'we're really ripping you big league.' And believe me, they are taking our jobs, and China is not the only one. You look at other countries and they're all doing the same thing... They're making all our products. We're not manufacturing anything. They are selling it to us. They take our money and they loan it back to us." Chart below👇

KanekoaTheGreat

185,588 Aufrufe • vor 1 Jahr