Episode 4844： Rise Of The Economic Trade War With China
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Summary
The government is shut down, and the Dow and S&P 500 hit new all-time lows after a tweet from President Trump about a new round of trade tariffs on China. Meanwhile, the White House continues to lay off federal workers, and a judge blocks the president from sending the National Guard to Chicago.
Transcript
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It left town until Tuesday, and the House will not be in session all next week.
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In the meantime, the White House is following through with the president's threat
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Earlier today, OMB Director Russell Vogt, who has become one of the most powerful people
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in this administration, announced that the layoffs have begun.
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They're also appealing a judge's ruling that temporarily blocked Trump
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from sending the National Guard to the city of Chicago.
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Meanwhile, another one of the president's perceived enemies could soon face charges.
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MSNBC reports that the acting U.S. attorney in Maryland is moving to seek charges
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against former National Security Advisor Trump's former National Security Advisor John Bolton.
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A complaint or an indictment could come as early as next week.
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The Justice Department has already charged New York Attorney General Tish James
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and former FBI Director Jim Comey after public pressure from Trump himself.
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The big question now on everyone's mind, who could be next?
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The Nasdaq lost 3.5% in its total value, and the S&P had its worst day since mid-April.
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That was back when Trump threatened a 145% tariff on China.
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Well, today's sell-off immediately followed a Trump post on social media this morning.
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he accused China of, quote, becoming very hostile with restrictions on rare-earth minerals,
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which are a key resource for tech and defense industries.
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Almost an hour after markets closed, the president announced that the United States
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would impose an extra 100% tariff on China and add export controls on critical software.
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It's a great deal for Israel, but it's a great deal for everybody, for Arabs, for Muslims,
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And as you know, on Monday, the hostages come back.
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They're in some pretty rough places under Earth.
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They're in some pretty rough places where only a few people know where they are, in some cases.
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And they're also getting the bodies, approximately 28 bodies.
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And some of those bodies are being unearthed right now as we speak.
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I mean, they're working on it right now as we speak.
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And I can tell you that I saw Israel dancing in the streets, but they were dancing in Qatar
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and Saudi Arabia and UAE and many, many countries.
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I'll be speaking at the Knesset, I think, early on.
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But everybody, everybody wants this deal to happen.
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I think what's interesting about this shutdown, and as we get more used to these shutdowns,
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is that there is somewhat of a celebration on the right.
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I mean, if you look at the tweet posted today about the impending slashing of the government,
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there are celebration memes posted in response to that by right-wing influencers.
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And this goes back to what Mark was saying a moment ago, that Marjorie Taylor Greene is
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She knows, whether it's Craven self-interest or not, she needs to run again.
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None of these people have any idea what it means to represent the American people who
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are simply looking for health care, for a good education, for a good job.
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So when you say the far right's happy, is it far right lawmakers or is it the far right
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I think there are a lot of people that are feeding into this.
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And I also think, too, Stephanie, you saw, I think, particularly during COVID, where people
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were being completely misinformed about vaccines and still getting the virus and saying they
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wouldn't have got the vaccines because, you know, for whatever reason, what a conspiracy
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But I'm, I, even though it's in, against their self-interest, I'm not convinced that
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a lot of people are not still celebrating this.
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I mean, I think it's, I think if you look at Breitbart, too, and you look at the Gateway
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Pundit and all these far right websites or Benny Johnson's podcast, I think there's a
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With breaking news from Donald Trump's relentless retribution campaign, MSNBC reports that criminal
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charges against former Trump National Security Advisor John Bolton could come as soon as next
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Sources tell MSNBC a grand jury in Maryland has been hearing evidence for several weeks
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Back in August, FBI agents searched Bolton's house and D.C. office as part of a classified
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Look at what we've seen from Trump's Justice Department just this week.
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And now Trump critic John Bolton could be facing similar punishment.
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Bolton even warned once that Trump's return to power would be a, quote, retribution presidency.
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Also breaking tonight in lower Manhattan, New Yorkers protested the charges against A.G.
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James, as MSNBC's Jonathan LaMere warns in The Atlantic, quote, Trump's threats that are
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The federal government is taking legal action against those whom Trump wants punished.
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But I've been calling what's going on a self-coup, an attempt to destroy the other branches of
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government, to destroy the Congress, to destroy the judiciary.
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And each of these prosecutions that we're talking about has an element of destroying democracy.
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So think about the significance, the symbol of going after a state attorney general.
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What it's about is destroying the independence of the law.
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What Attorney General James did was enforce the law.
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After Nixon, there was an independence of the FBI that was established.
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Part of the way that you do it is you go after a symbol of the independent FBI.
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And even if you think of the Bolton accusations in that prosecution, it's about destroying the
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independence of the intelligence and foreign policy apparatus of the United States.
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And it isn't something that's just being attempted.
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We're firmly into the second day of that 72-hour deadline that ends on midday Israel time or 5 a.m.
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According to sources, which we spoke to, they tell CNN that it will likely happen overnight Sunday into Monday.
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That's for the 48 hostages to be released, 20 of whom we believe are alive, and the other 28 deceased.
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Now, locating the deceased and the remains of the deceased is a logistical challenge.
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We know that the international community of the Red Cross is going to be assisting and facilitating locating the remains.
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But also echoed by Benjamin Netanyahu saying that they're probably not going to be able to locate all the deceased within that 72-hour window.
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But the 20-point plan, phase one, is firmly gaining momentum.
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And it seems that both sides have now agreed to this framework and are willing to see it through, Victor.
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They had the leaked memo saying that federal workers are not necessarily entitled to back pay when this is done.
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They're already trying to find a way, because they have to give tax breaks to billionaires who don't need them,
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to find ways to not pay the federal workers who are still showing up every day when this whole thing is over.
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Why working people still fall for this party that worships golden toilets but hates the people that clean them?
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At what point do they feel like those have fully kicked in to the economy?
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We are still very early in the game that big, big companies are either eating the costs,
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or if they're big importers, they were able to buy tons of supplies, buy products in the beginning of the year.
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But as this year is going on, so many small and medium-sized companies are struggling.
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And you're going to see prices start to go up and up as we head into the year.
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And when the likes of Scott Besson says, well, the companies can choose to eat the cost,
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even if they're eating the cost, you know what they're not doing?
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Giving raises, they're not expanding, they're not hiring anyone, which has our economy in this precarious place.
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But it's funny, because today Trump accused China of holding the globe captive with these resources that they have.
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But is that not the same thing Trump is doing, holding the world captive with his tariffs?
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It's not me to decide, who to choose Nobel Prize.
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First of all, I think, and hardly anyone from you from your viewers and listeners will be able to say, hardly.
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the new berger's premio мира людям которые для мира ничего не сделали и на мой взгляд этими
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решениями они несли они нанесли огромный ущерб авторитету этой премии ну человек пришел хороший
00:10:05.620
плохой ему сразу там через месяц через два бум за что да вообще ничего не сделал ну как раз так
00:10:12.920
работают это же заслуги за какие-то наши но и поэтому авторитет мне кажется он значительной
00:10:22.680
степени утрачен но бог с ним не мне судить но но достоин ли не достоин действующий президент
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сша новинской премии я не знаю но он реально много делает для того чтобы для того чтобы разрешить
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такие сложные десятилетиями длящиеся годами а то и действительно длящиеся кризис
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it's saturday saturday 11 october year of alert 2025 um we curated the cold open could have been
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30 minutes of straight news on other on other topics just as major i mean the news cycle you know we say
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that apocryphal saying there are decades in which nothing happens in the weeks in which decades
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happen with president trump's second term it's week after week after week it kind of builds in
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crescendo remember the president has openly said now that he is planning on heading to israel to greet
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the hostages uh there's also talk he's going to go to egypt and maybe assign some sort of pact on the
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end of the uh of the hamas war um and then charlie kirk gets the medal of freedom on his birthday on
00:11:45.480
tuesday and president trump is committed to be there so you do the math um we'll be covering all
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of it wall to wall whenever it kind of shakes out at the um at the white house with all that's
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happening putting down a uh a revolt in the streets by violent and narcissistic and dangerous left
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that is trying to make sure that we cannot unwind the invasion of our country by the deep state and
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the biden and the radical democrats why so they get illegal aliens in here because they can't win
00:12:18.960
they cannot win elections without them that's where everything they do revolves around illegal aliens
00:12:23.780
whether it's shutting down the governments gun decking the census fighting us on redistricting
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having antifa in portland and the mayor and these uh absolutely crazed progressives who they're
00:12:35.680
starting to arrest in chicago the reason that we have troops in memphis troops in chicago troops in
00:12:41.280
portland oregon with everything's going on in this amazing peace deal that president trump is uh is
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working on to pull off in the next 48 to 72 hours looks like everything's in place as captain finnell
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has often told us you got to keep your eye on the main thing and what is the main thing as we have
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argued here for years and years and years and i'm proud to be the leader of the anti-ccp movement
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in the united states and remember as leader of the anti-ccp movement we have advocated from the
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beginning decoupling you cannot trust these people it's the most evil dictatorship in the modern world
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and i'm including the nazis the soviets uh imperial japan the fascists all of it throw in pol pot
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throw in north korea this is a group that's killed hundreds of may bragged about it killed hundreds of
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millions of lao baxing of its own people well folks uh in the last 24 48 hours the president
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of the united states has put us on notice we're at full out economic war with the chinese communist
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party full-on economic war why because in trying to work with them and trying to accommodate them
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they double-crossed the president of the united states of america in the industrial west
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and as you can tell with netanyahu when he sent a missile into qatar to kill the hamas
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negotiating team to make sure there would never be peace you got to go pretty far in the woods
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to really hit president trump's tripwire i can tell you that there's some bluster at the beginning
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in negotiating tactics and talk hot talk but you got to go pretty far to hit his tripwire but when you
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hit his tripwire ask baby netanyahu had that turned out for him well we've got two experts uh brian
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costello our venture capitalist and economic warfare expert and captain finnell who knows the ccp better
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anybody's dedicated his life to understanding the strategic direction of the chinese communist party
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they're coming up next it's uh warfare unrestricted warfare saturday in the war room short break
00:14:50.760
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free and be part of the movement you know the daily uh telegraph is doing a big story in this
00:16:58.620
peace deal rob crilly and the team over there i've got a quote in this that that trump has united the
00:17:06.960
arabs probably better than t.e lawrence i gave this national conservative conference speech i don't
00:17:15.120
know it's about a month ago now five weeks ago and i shocked the audience because it's a big neocon
00:17:20.360
audience although it tries to purport itself to be populist national super neocon um good folks but
00:17:27.120
neocons and i said um that scene in lawrence of arabia in the movie you've seen it or in the seven
00:17:34.300
pillars of wisdom where it's written his memoir of the arab revolt he goes into british intelligence
00:17:39.740
they're trying to transfer him to the arab bureau and the general in charge just goes he says i don't
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know why we're doing all this i don't know why we're succumbing you to the arabs he said the middle
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east is a sideshow to the main thing which is the western front and he said the arab revolt is a sideshow
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to a sideshow and what i said is that the middle east today is a sideshow to the main the main thing
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although it does prop it up it's got economic relationships to have to be taken care of
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but it's a sideshow in the israel gaza war is a sideshow to a sideshow not that's not important
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not that's not bloody not that we have to we have to kind of figure it out but we're being sucked in
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every day particularly the mind share of the country the media and particularly the white house
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the president of the united states national security apparatus and it's just not that big a deal and
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people were shocked well president trump is uh is a long way in the last i don't know week ever since
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netanyahu showed he was uncontrollable and trying to drag us into a deeper war by going after cutter and
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hey don't get me wrong i'm the biggest advocate to cutters the muslim brotherhood
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and there's a lot of guys in cutter that deserve to go to the dress reward okay it's the rail hit of
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the muslim brotherhood full stop and i'll talk about this proposed base uh which we're not going
00:19:04.300
to allow pete hex and these guys to do it no we're not going to go to the christian redoubt of idaho and
00:19:10.320
put a qatari uh base and now they're walking back oh it's just for so don't they don't need a
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facility you train what they need let them do the air rework over there we've got a huge air force
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base do it there if not they got a ton of air rework facilities here to take care of those jets
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with the 15 echoes or whatever that we're selling them and they can train the pilots we have plenty
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of places to train the pilots hell we train the persians uh we've trained the saudis we train the
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uae we train the israelis that's fine don't need a base and you certainly don't need a base
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in the heart of the christian redoubt right up in idaho that is outrageous and there's something
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going on here with the administration love the fact that cutters you know trying to play nice
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all good you're going to take it get this deal they're going to be in israel with a major foothold
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and writing big checks okay i got it i got it and this thing came to a head because netanyahu tried
00:20:09.060
to drag them in to take them out i got it but we got an article 5 guarantee on their defense and
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we've got uh and now a air rework facility or pilot training in idaho are you kidding me it's outrageous
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um captain finnell the main thing people should understand and if you watch this show you know
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the seriousness that we take this i was the only civilian in the history of the country fully sanctioned
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by the chinese comics party at one minute after high noon on the 21st on the 20th of january of
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2021 when biden took office it was uh pompeo myself peter navarro right um
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were immediately and um that's fine i got it but finnell you've told you over and over again you
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hammer every day you must keep the main thing the main thing you must keep the main thing the main thing
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and of all the epic massive events that took place this week this by a factor of 10 is the most
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important because this is what happens when the globalists and the financiers of wall street and
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the big tech guys and elon musk and the and the little ccp agent of influence in nvidia and all these
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guys making all this money on wall street have led us down the primrose path to not decouple from
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these savages these barbarians and now we're in it now we're in it and they double cross trump
00:21:36.280
so captain finnell give me the overall strategic and i'm gonna get brian castellas talk about the
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economic but do you agree that what's happened in the last 24 to 48 hours is a pretty serious
00:21:47.360
shift in attitude sir steve uh first thanks for having me on yeah there's no question you said it
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earlier we are in an economic war right now with the people's republic of china and uh the the tit-for-tat
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actions that have been going on over the last 48 hours or you could even say since uh the the end of
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september are all an indicator that xi and the chinese communist party have decided they've done
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their calculations what they call their comprehensive national defense uh planning and their scientific
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development they've gone through the numbers and they think that they can throw down with the
00:22:25.380
united states in the economic arena and so they've made these moves to uh tell australia you have to
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buy our or we'll buy your or but we're only going to pay you in our currency rmb uh the yuan uh we're only
00:22:38.120
gonna you know we're gonna ban these uh rare earths to uh to the united states and all of this
00:22:43.180
which you will get into later but they're taking these very pointed and direct uh uh actions against
00:22:51.800
the united states economy to break us and xi has calculated that he can achieve a victory on this
00:22:58.200
and i think it's really important because you talked about wall street and the people that have
00:23:02.980
caused us to engage and to invest in the chinese market and the chinese economy over these last many
00:23:09.680
years but it's also the people that are in our foreign policy and national security establishment
00:23:14.920
in washington the people that preached engagement for the last 30 years that told us we must engage
00:23:21.040
with china and then they said don't worry about it there's no threat the threat's not real they're
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never going to be close to us economically or militarily we don't have to worry we just keep
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engaging with them it'll become more like us and now we're in this position where they've got a knife
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to our throat both economically and increasingly militarily and uh we're in a tough position
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right now and fortunately president trump is now responding appropriately to say hey i still have
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tools i have economic escalation dominance in certain areas semiconductors and in financial services
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that i can push back and not take this from xi and so unlike what happened in 2012 with barack
00:24:05.440
obama and the south china sea when china sees scarborough shoal and and then he built those
00:24:10.700
islands and we did nothing and we you know we kind of cowered and and looked the other way and and the
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chinese communist party recognized there's nothing there what's the old saying from lenin you know
00:24:20.980
you put a put a bayonet in and if you don't feel anything you keep pushing well that's what happened
00:24:25.540
in 2012 they put the bayonet in in the south china sea and there was no resistance from the united
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states of america well now our president is resisting i want to go yeah but i want to go to
00:24:37.420
something i want to go to their strategic doctrine we get castell in here a second one of the things
00:24:43.340
they have a tell and that tell if you go back and look at the war with india if you look at the certain
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military engagements you even look at economic they have a they have one thing that they're always
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searching for when they think an adversary is totally engaged in something else and their in
00:25:00.480
their mind is off the ball like in the cuban missile crisis when they think their opponent
00:25:06.360
is maniacally focused and completely caught up in another either geopolitical or economic event and
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they can't have the mind share that's when they strike this is uh the the policy and particularly
00:25:22.280
the rare earths remember we're talking about the magnets and the heavy rare earths and people
00:25:26.940
should understand the playing footsie with lula is the reverse side of the coin here because
00:25:33.160
brazil's got the heavy rare earths of course he's a marxist and totally in business with the chinese
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communist party and a horrible guy but everybody that was shocked last week about oh we're not
00:25:42.520
throwing bolsonaro over the side but there's a serious problem here i mean american industry can grind
00:25:48.980
to a halt in maybe three or four or five weeks because for years the the our bettors on wall
00:25:54.620
street and our bettors in silicon valley said we didn't need this type of heavy industrial uh you
00:26:00.120
know parts of the production process the environmentalist the climate change oh it's too dirty you can't
00:26:04.940
process it here there's a company in ohio that the ccp bought i think back in 2012 2013 bought and took
00:26:12.360
took the thing and took it all down and took it to china which is one of the big processing entities
00:26:17.640
she makes these moves when he thinks he's got the high ground he's got a distracted enemy is that
00:26:24.820
part of their doctrine sir there's no question that's part of their doctrine we've seen them do
00:26:30.380
that as you mentioned it in indian the war in 60 and with vietnam they've done it in the south china
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sea in 2012 time frame 2015 time frame um we we see them do this but it's also part of they're on
00:26:44.600
their what they call their great uh their strategy of called the great rejuvenation of china so they're
00:26:49.700
on a timeline i've talked for the last two decades about this decade of 2020 to 2030 is the key decade
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the decade of concern where they're going to make a decision on what to do to achieve their national
00:27:02.800
reunification and that means moving into not just take taiwan and other places geographically
00:27:08.880
but also to dominate the world in the economic arena and they've decided right now that hey
00:27:14.460
america's distracted they've got all these other things that you open the show with and therefore
00:27:19.500
they can't possibly deal with us in this economic trade war right exactly and uh it's really really
00:27:26.040
important hang on one second demonstrate to them that we're able to do it and trump came out we'll put
00:27:32.660
the tweet up this is also like we love we love us some bridge colby we kind of love what pete and
00:27:39.220
bridge colby are doing over there however this is our complaint about the new defense strategy
00:27:43.260
where they kind of walk back what we had done in the first term is is we're in a great power struggle
00:27:49.360
with the chinese communist party not the russians the chinese communist party my understanding this
00:27:54.920
bridging team trying to dial that back that they only want to be dominant in east asia and maybe the
00:27:59.440
western pacific that is just not the case that is not the case this is a global this is the long
00:28:04.860
twilight struggle that president kennedy warned about the bastion of marxism in the world the bastion
00:28:12.620
of evil the railhead of evil in the world and trust me they're all over the streets of america and in
00:28:18.140
the universities short break you know i didn't know this until the uh the guys at field of greens the
00:28:27.620
doctors and the experts told me about it and then gave me information was fascinating we have two
00:28:33.320
ages our actual age and our body's internal biological age additionally what i didn't know is i've likely
00:28:40.640
lowered my biological age without even knowing it here's the thing because americans eat so many
00:28:47.580
processed and ultra processed foods and not enough fruits and vegetables many perhaps most are 10 years
00:28:54.700
older on the inside than their actual uh their actual age they're ticking time bombs a major university
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study suggests how to slow aging and diffuse that biological time bomb participants slowed their aging by
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off do it today the phrase and i didn't hear about this phrase until just a few years ago china hawks yes
00:30:12.700
and and apparently that if you're a china hawk you get to wear that label with pride it's almost like
00:30:18.160
a badge of honor right it's a badge of shame there's no question it's a badge of shame there's no question
00:30:24.980
that although they want what's in the best interest of our country and we all want what's in the best
00:30:29.360
interest of our country destroying that pipeline right of the american dream is not patriotic
00:30:36.900
they they think they think they're doing the right thing for our country but it's not patriotic
00:30:42.060
not not even a little bit i think it's the wealthiest or second wealthiest guy in the world
00:30:48.300
having dinner with trump all the time glazing president trump uh that guy's a agent of influence
00:30:54.900
at minimum of the chinese communist party he talks about our country he's talking about china
00:30:58.720
he's talking about china that that was a week ago and hawks and he's talking about hawks you're
00:31:05.760
talking about you he's not talking just about jim finnell and steve bannon and brian costell and
00:31:09.040
other guys been warning about this and working on this and fighting this every day he's talking about
00:31:13.540
you that you you know you're you're bad that's a badge of shame because you're stopping the american
00:31:19.440
dream because you're trying to thwart the chinese communist party think about that for a second
00:31:23.900
think how twisted that is that's that's a psyop right there on a guy that we give every break in
00:31:30.300
the world too okay which has to stop he should be investigated immediately today because i'm a read
00:31:38.620
from a guy this ain't from jim finnell and this ain't from brian costello and this ain't from peter
00:31:43.380
navarro or frank gaffney or brian kennedy of all of us whack jobs over the committee on the present
00:31:48.700
danger china we set up years ago for just this moment this is from a guy called the commander
00:31:54.360
chief of the united states of america a guy that's gone out of his way for world peace to try to
00:32:01.420
work something out with china it's not trump's played smash mouth with them he's tried to work
00:32:07.280
he's tried to work with them and this is a group he negotiated for two years navarro and leinheiser
00:32:13.640
negotiated for two years into may of 2019 we had an entire deal which take care of the seven original
00:32:20.820
sins of the chinese communist party and integrate them fully into the world economy and after meeting
00:32:27.500
with putin having their first uh one belt one road big confab uh they turned around tore it up and spit
00:32:36.340
in our face and oh by the way declared a people's war in may of 2019 they've been at when people said
00:32:41.680
why are we going to economic war they've been at war with us they have been at war with us
00:32:46.120
for decades and decades and decades war unrestricted war which is modern warfare because what they say
00:32:55.300
coming out of the gulf war they wrote the book they said hey foreign devils have amazing equipment
00:33:00.320
and foreign devils know how to fight on a kinetic battlefield so we must beat foreign devils something
00:33:05.240
else economic warfare psychological warfare political warfare and the people that warned against it
00:33:14.500
and said here's what they're doing and are proud to wear the label china hawks wealthiest guy in the
00:33:20.000
world i just heard this phrase you know that it's not a badger of art it's a badger saying screw you
00:33:24.640
dude you should be in a prison pardon the f-bomb on a saturday morning for the kids
00:33:31.540
it's outrageous this guy's in the white house he's done it all those tech bros
00:33:38.420
all of them to a person have sold you out sold this country out sold it out full stop
00:33:46.460
and president trump and i quote it has been it has just been learned that china has taken an
00:33:54.080
extraordinarily aggressive position on trade and spent and sending an extremely hostile letter to
00:33:58.260
the world stating that they were going to effective one november 2025 impose large-scale
00:34:03.720
export controls on virtually every product they make and some not even made by them etc etc etc etc
00:34:09.920
etc brian costello uh as we've been talking about birch gold for four years why because we've been
00:34:16.440
talking about the dollars of prime reserve currency and what was happening and part of what just happened
00:34:20.500
is they're telling uh you know india and other trading part in australia we're only we're not do you
00:34:25.540
can't convert into dollars we're not doing this in dollars we're going to do it in ours and you're
00:34:29.200
going to take the currency risk because they're in a massive effort for de-dollarization trying to
00:34:33.520
destroy the u.s dollar you've been on this show i don't know for four years warning about this day
00:34:39.500
coming explain to us your warning and explain to us what's happened and become evident to the
00:34:45.220
president united states and the secretary of treasury in the last 48 hours sir you know steve it's it's
00:34:51.500
funny most of the people that wear that uh china hawk badge they they believe a couple things different
00:34:57.160
they don't believe uh you know being an american patriot runs through beijing uh that you have to
00:35:02.560
support that and i most of the people i know that wear that china hawk badge have actually served the
00:35:08.160
country they've seen what war does they've had friends who've died and been injured and they're
00:35:14.500
actually anti-war they're they're very peace so the reason uh for being china hawks is they see the
00:35:21.380
obvious right they're china realists they see uh the military being built up and now you know
00:35:26.900
she might have done us a favor uh this week by reneging on what sounds like some of his agreements
00:35:32.880
with she to just uh with with president trump to just have a meeting dial things back and look at
00:35:38.240
the relationships you know i remind people that when she took office back in 2013 one of the first
00:35:46.540
things he did was in 2015 was a program called made made in china 2025 and basically all the things
00:35:54.860
he's doing now were to end you know end their dependencies on people in the world and build
00:36:00.820
everything domestically so that they could control supply chains guess what year we're in steve
00:36:05.340
2025 yeah so it should be obvious like let me let me
00:36:12.320
well let me just yeah they want to and by the way in 2019 they came over the made in 20
00:36:19.060
china 2025 in 15 it has a 10-year plan um as i've said on the show before this is how strategically
00:36:27.940
they think i'm gonna give you the top five uh artificial intelligence and artificial this is
00:36:33.380
industries that they will dominate by 2025 okay and they're going to decouple from the west they
00:36:38.720
made this decision in 2019 when they tore up the trade deal that they're going to start to decouple
00:36:43.740
technology they have to have their own champions they have to have their own you know they have to have
00:36:48.140
tick tock uh they have to have the best chips they have to have uh was it uh the the the top uh
00:36:54.260
artificial intelligence company deep was a deep mind um but let me go to the top five the top five
00:37:00.080
and they came up with this over a decade ago folks just some random just some random industries i'm
00:37:05.780
gonna start at the top artificial intelligence and artificial general intelligence robotics and
00:37:10.980
regenerative robotics a quantum computing uh advanced chip design and just to top it off
00:37:17.380
biotechnology crisper all of that that's the top five the convergence of those five their top five
00:37:24.920
get you to the singularity they understand totally what they're doing this is when she and putin
00:37:29.800
are having the thing at the shanghai and they're walking down and they're having a sidebar and chatting
00:37:34.760
they're talking about living to 125 years old they're so focused on this and they're doing stuff
00:37:40.000
inside of russia and inside of china you have no earthy idea what they're doing their labs
00:37:45.040
but what they've brazenly done now is challenge president trump on this income they're trying to
00:37:51.180
tell people in the world you're going to decouple from the united states of america we're going to
00:37:55.820
run a reverse trump thinks he's such a big shot peter navarro thinks he's such a big shot bannon and
00:38:00.160
these guys are a war room these china hawks they're they're running their mouths we're going to and we're
00:38:04.740
going to use we're going to use rare earths they're going to use the magnets they're going to use
00:38:10.220
the most critical part of the rare earths which president trump and bessen had an agreement with
00:38:14.180
and they said you know upon further review yeah yeah we got to think that i don't think it's going
00:38:18.440
to work this is where they're trying to grab total control they're trying to use a lever what we call
00:38:25.320
leverageable moment a leverageable moment why the united states is distracted in ukraine and gaza and
00:38:31.240
the streets of uh the streets of north america and trust me they are in back of to a large extent
00:38:38.600
what's happening in the streets of america on the economic side and in having being as bold as
00:38:44.220
they are and trump hit them with a hundred percent tariff right so it's going to be this is going to
00:38:49.080
be hardball 100 percent tariff on on their situation we know they were hurting but i think she is saying
00:38:54.340
hey i can take the pain finnell what did they say they said they'll eat they'll eat grass for a year
00:38:59.800
you know they don't care about lao baxing lao baxing's got a tough life hey this is the way it is man
00:39:04.440
they killed hundreds of millions of lao baxing before they got no problem mal used to brag he
00:39:10.060
says hey i don't know what the west is talking about this the you know nuclear threat and and
00:39:13.700
the terror of nuclear weapons he said hey if we get hit with a couple of nuclear weapons we'll lose a
00:39:18.720
couple hundred million people big deal we'll recreate that in a decade it's no big deal they
00:39:23.340
could care less if their people get some hardship that the total control particularly with the
00:39:28.320
surveillance state they have now so brian walk us through how this has evolved over time and what
00:39:33.440
your warning's been you know steve it's worse than that right they're stockpiling food uh you know
00:39:39.500
they're ending the dependency you know they're not buying soybeans everything from the u.s so
00:39:44.040
so what you basic all you have to you know all you have to do is read what they're doing in china
00:39:50.160
right so there's something that's really bad happening here too steve that you know they're
00:39:55.460
preparing for something much grander right so you know just in the last couple weeks we've had this
00:40:00.620
new ministry of foreign commerce where they've now putting ceasing control over you know deciding
00:40:07.300
who gets these rare earths right so it's not just the u.s it's japan taiwan you know they have their
00:40:13.140
guy in south korea now where a lot of the stuff we make is manufactured it requires refinement of
00:40:19.360
these critical mineral and rare earths and the the chemical processes to do that they're putting
00:40:24.020
complete control on that but they're now you know going after our companies they just launched an
00:40:29.640
investigation into qualcomm the other day they launched an investigation into nvidia before
00:40:34.840
they're actually now searching ships for the nvidia gear is out out in the media so they've told
00:40:41.020
other people don't buy anything from nvidia they're actually sure searching ships so you see why jensen's
00:40:46.520
focused on this right he's not able to sell you know through other countries and put equipment into
00:40:51.440
there anymore but a lot of his equipment in these data centers being built require the refinement
00:40:55.980
process of these critical minerals and rare earths and the magnets and the things that actually
00:41:00.300
go into transformers for power so you've seen all this stuff happen you're also seeing propaganda
00:41:07.000
left and right right as we bomb boats coming from venezuela carrying drugs they're reporting to their
00:41:13.020
people that they're doing this for oil right so you just see the game when you've watched what
00:41:18.300
they've done for a long time you know it's like when the tiktok agreement came out it's a signed
00:41:22.820
agreement isn't even an agreement with the chinese communist party like until it's actually done
00:41:27.340
you know there's no rest legal reciprocity so you know i'm not surprised by this at all uh not
00:41:34.720
surprised by there's there's no if you if if you sign a contract you gotta understand something with
00:41:39.560
the chinese if you sign a contract they have a phrase called circumstances changed the contract's just
00:41:45.460
basis for future negotiation this is why uh you know adelson and uh and uh uh the crowd in vegas
00:41:55.400
um has a uh it has these casinos in where the cash come from because they don't make money in vegas
00:42:02.560
the uh the cash comes from macau the the because the chinese now there's gamblers you got money
00:42:09.040
laundry go through this ridiculous if you look at the documents these are publicly traded companies look at
00:42:13.460
the documents they really have no agreement the chinese communist party they're just kind of like
00:42:17.340
uh well they run it for a while they manage it and they make some money but it's very ill-defined and
00:42:21.920
we can pull it at any time this is what they've said right now president trump was working towards a deal
00:42:26.920
remember he was going to visit china he's talking about visiting china as a sidebar to this uh meeting
00:42:33.560
he's going to this big economic menu where he's going to go to in fact it's later this week i think
00:42:37.760
it's later this week early the following week where he's going to go to japan for a couple of days
00:42:42.160
he's talking about he was talking about maybe going to china and the and the ccp pulled this
00:42:46.880
she and the chinese communist party high command think that we're completely and totally occupied
00:42:53.080
right we're completely and totally occupied uh with the middle east the sideshow in the middle east
00:42:59.020
with the with the war in ukraine not being settled uh with problems on the streets and they're very
00:43:04.980
focused what's happening on the streets of new york our streets of america in this insurrection
00:43:10.320
that's going on with people that try to flood our country with illegal aliens they are closely
00:43:15.860
watching new york city and trust me they're involved in the background in new york city what's happening
00:43:20.800
there with the marxist jihadist taking over these guys they've infiltrated everywhere they've infiltrated
00:43:27.640
the universities they've infiltrated capitol hill they've infiltrated all the big companies they've
00:43:33.220
infiltrated the media they are everywhere as we have warned day in and day out and now they're bold enough
00:43:39.160
to be up in president trump's grill and say hey tough guy we're going to bring the american economy
00:43:45.640
to a grinding halt and president trump hit him back with a blunt force instrument 100 tariff
00:43:51.300
pretty big deal okay short commercial break we're in return we got castello and captain finnell
00:43:57.140
it's about the economic war that beijing just dropped on the united states of america next
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when you're buried in credit card and loan debt it's only human nature to put it off and say hey
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this these people are aggressive they're smart and they're tough you want them on your side
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done with debt.com here's your host stephen k band
00:45:17.980
captain finnell and people should know that behind the scenes captain finnell is a huge organizer and
00:45:27.080
kind of the leader of the the people the china hawks the one that nvidia says uh where is a do you wear
00:45:33.160
china hawk i mean you gave up your career in the navy to warn the country about this happening which all
00:45:40.160
your warnings turned out to be right uh what do you think about the nvidia guy am i wrong to see it is
00:45:45.380
he's at minimum an agent of influence i think he's much deeper than that right i think he's a total ccp
00:45:51.560
agent but when he tells you captain finnell that china hawk is a badge of shame your thoughts
00:45:58.360
well that's a classic uh tactic of the communist party they try to divide and conquer and they label
00:46:06.220
people and they use the labels to marginalize people and that's exactly what's happened over the last 35
00:46:11.680
years when you're labeled a china hawk you get painted with that indelible paint uh then you are
00:46:17.240
marginalized and pushed out of the polite society by the elite circles in dc so that's why he's saying
00:46:23.860
that he's trying to marginalize people and make them seem foolish and untrustworthy so i don't like
00:46:29.980
the labels i don't use the labels the fact of the matter is the chinese communist party as you said
00:46:35.000
declared people's war against us openly in 2019 and they have been at war with us since 1949 and they
00:46:42.620
want to destroy capitalism they are hardcore marxist leninist communists and they despise
00:46:48.780
our system of government they despise the way we do things and they want to take us down
00:46:54.040
and they have a long-term strategic plan they would prefer not to use military force they're now
00:46:59.580
openly using the economic uh levers of power uh to try to you know take us on right now they've
00:47:07.020
they've rolled the dice and think that they can take us and we need to stand up and fight back
00:47:12.040
i was very encouraged to see the fcc chairman brendan carr's announcement uh in the last 24 hours
00:47:18.920
announcing operation clean carts where he's uh recommending or not recommending he's saying hey
00:47:23.920
everything that's on uh these online e-commerce platforms in america that sell chinese products
00:47:30.700
from huawei and zte and other things like that have to come off and so what i would recommend to the
00:47:36.600
american people is uh you know we can ask our government to do a lot of things and president
00:47:41.560
trump is doing it thankfully but the american people can do something when you go into a store and
00:47:46.860
you buy something and you pull it off the rack i was in a store this weekend i saw a shirt i wanted
00:47:51.540
it was you know something nice uh being sold as supporting you know the uh the ecology and all
00:47:58.280
that and then i looked at and i asked the person well where is this made they said it was a spanish
00:48:02.640
company and then i said oh that's good then they said where's it made oh it's made in china i gave it
00:48:07.360
back to him said i'm not buying it stop buying things from china we stop buying things from china
00:48:12.860
we will bring down the chinese communist party so that's something that every american patriot can do
00:48:18.400
that's listening right now and tell your friends and family to do it i was surprised i have family
00:48:22.920
members that buy stuff on timu and i had to tell them you know what you're doing you're providing
00:48:28.040
the money and the wherewithal for the chinese communist party to destroy us whether it's buying
00:48:33.720
missiles or doing what they're doing right now in the economic arena so we need this we need to be
00:48:38.980
serious about this go ahead president president trump went up the escalatory ladder pretty quickly
00:48:46.380
100 tariff everything my understanding is a lot more coming next week uh besant navarro the president
00:48:54.700
uh on the economic warfare side they're basically going to say you guys think you're tough guys here's
00:49:01.520
what you're going to have to deal with and we have many tools if we have the if we have the guts to use
00:49:07.160
them we have many tools but in going up the escalatory ladder they're just not going to sit
00:49:12.740
there they've thought this thing through four and five moves ahead so what do you anticipate
00:49:17.120
the next couple weeks are going to look like well we got a little bit of a signal of that today on the
00:49:23.600
people's armed police uh twitter feed they showed a picture of the pla soldiers marching with the big
00:49:29.200
chinese flag and the recommendation was let's go kinetic so while we're watching the economic arena and
00:49:35.580
that's what we're talking about on today's show let's not forget that china has some other desires
00:49:41.080
and they could use the military lever uh to invade taiwan i don't see an invasion in the next 24 hours but
00:49:47.400
the or 48 hours but the point is they may take and use a military maneuver maybe in the south china
00:49:54.300
sea against our ally in the philippines or some other place so we need to be watching across the scope
00:50:00.300
and breadth of uh of national power the comprehensive national power that they call it or we call it
00:50:06.120
whole of government and as you said they're planning three or four or five moves ahead and we should be
00:50:11.140
anticipating those things and and not being caught off guard and that means our military forces out in
00:50:16.960
the far east and back in conus have to be up on alert to watch and be prepared for some kind of action
00:50:23.020
from the chinese to maybe even in the south the caribbean with our operations are in and around
00:50:29.160
venezuela against the drug cartels so we have to be on alert this is like when i came into the u.s
00:50:35.620
navy in 1986 against the soviet union we were a nation that was on guard against the predations
00:50:42.580
of the of the soviet union and the communist party that was running uh russia now we have the
00:50:49.580
communist party that's running china they have the same strategic objective to destroy us it sounds
00:50:55.500
over the top and and the nvidia ceo can say we're we're china hawks but that is a reality that's their
00:51:01.800
words that's their actions and we're seeing it come to fruition despite what all the threat
00:51:07.240
deflators and the engagers told us for the last 25 30 years remember they're egging on to saying let's go
00:51:14.780
kinetic don't put that past that they think just like in um the cuban missile crisis and the indian
00:51:21.240
what they did in india they thrive off a distracted enemy they consider us an enemy they they don't
00:51:29.960
consider us a pure rival all that crap you hear and you watch msnbc you watch cnn all these guys from
00:51:35.780
the think tanks thinking great thoughts just like the great thoughts they thought in the ukraine war to
00:51:40.960
drive that just like the great thoughts they thought in israel in the middle east all the great
00:51:44.980
thinkers all the great thoughts oh you know they're going to think great thoughts about china the ccp is
00:51:50.040
out to destroy us full stop and they don't care what they have to do and they don't care how many
00:51:54.780
lao baijin they don't care how many chinese citizens they kill in the in the interim and trust
00:52:00.260
me they are looking at taiwan big time captain finnell you don't do social media i know you put stuff up
00:52:06.060
on american greatness as soon as you get something we push it out look forward to having you back on
00:52:09.880
next week thank you for taking time on your saturday to join us thank you steve captain uh
00:52:16.920
captain jim finnell by the way because the inclement weather and planning the event we're going to cover
00:52:22.080
for marine corps 250 not going to be today we're going to do a full coverage wall to wall next
00:52:28.080
saturday the 18th i think we're gonna start at 10 o'clock in the morning uh with the war room and just
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bring it all to you at camp pendleton the um amazing base out on the uh on the west coast
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in california just north of san diego where the fleet is 32nd street okay we're gonna take a short
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break up brian costello with us we're gonna go through a little deeper dive in the economics plus
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got to talk about idaho got to talk about uh qatar really a qatar an air base they're gonna have a
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military base in the united states of america on the sacred soul of this nation this nation's soil
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what if he had the brightest mind in the war room delivering critical financial research every
00:53:19.560
month steve bannon here war room listeners know jim rickards i love this guy he's our wise man a
00:53:26.180
former cia pentagon and white house advisor with an unmatched grasp of geopolitics and capital markets
00:53:32.240
jim predicted trump's electoral college victory exactly 312 to 226 down to the actual number itself
00:53:41.400
now he's issuing a dire warning about april 11th a moment that could define trump's presidency
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in your financial future his latest book money gpt exposes how ai is setting the stage for financial
00:53:54.840
chaos bank runs at lightning speeds algorithm driven crashes and even threats to national security
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right now war room members get a free copy of money gpt when they sign up for strategic intelligence
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this is jim's flagship financial newsletter strategic intelligence i read it you should read it time is
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running out go to rickards war room.com that's all one word rickards war room rickards with an s
00:54:20.440
go now and claim your free book that's rickards war room.com do it today