Louder with Crowder - China Ready to DEPLOY Troops: Taiwan Prepares for WAR!!! | Louder with Crowder

00:00:00.000 🎵 Music 🎵 🎵 Music 🎵

00:00:35.000 Rebels with a cause.

00:00:37.000 Phoenix.

00:00:45.000 Houston.

00:00:46.000 Charleston.

00:00:47.000 Nashville.

00:00:49.000 New York.

00:00:50.000 Baltimore.

00:00:54.000 The Rebels with a Cause Comedy Tour.

00:00:56.000 Tickets on sale now at louderwithcrowder.com slash tour.

00:01:05.000 It's June, which marks Louder With Crowder's seventh annual cultural appropriation month, 0.67

00:01:24.000 where we take you across the globe, learning about and appreciating all the diverse cultures

00:01:30.000 this planet has to offer.

00:01:37.000 Oh.

00:01:38.000 This week, it is our pleasure to take you on a life-changing journey to the productive land of pineapple cakes.

00:01:47.000 The Pingxi Sky Lantern Festival.

00:01:48.000 And John Cena!

00:01:52.000 It's the prototype himself!

00:02:00.000 John Cena, ladies and gentlemen!

00:02:04.000 No way!

00:02:10.000 I want to buy mooncakes for Zhongqiu.

00:02:12.000 I think Yinchuan's a pretty fun place.

00:02:15.000 Like, I think...

00:02:16.000 I'm in a fun place.

00:02:18.000 I think I'm right here in a fun place.

00:02:21.000 What a means of John Cena.

00:02:23.000 Me will count down.

00:02:25.000 I'm right here.

00:03:29.000 What does this mean?

00:03:29.000 I believe it means you can't see him, but you can.

00:03:34.000 Yeah, I know you can.

00:03:35.000 You just keep moving your hand fast enough you can see between the hands.

00:03:38.000 What?

00:03:38.000 No.

00:03:39.000 You know what?

00:03:39.000 Just do this.

00:03:40.000 You should just kick him in the groin. 1.00

00:03:41.000 You know what else? 1.00

00:03:42.000 My shoulder has a lactic acid buildup.

00:03:46.000 That's why he has shoulders that are... This is a great way to start the show with a rhabdomyolysis.

00:03:49.000 There you go.

00:03:50.000 A little smoke-filled room.

00:03:51.000 Yeah, look.

00:03:52.000 We all hate John Cena.

00:03:55.000 Even though he's all natural.

00:03:55.000 Love.

00:03:58.000 I did my own research on this.

00:03:59.000 There's no real origin story to this.

00:04:01.000 There's none.

00:04:01.000 It just started one day?

00:04:03.000 Well, you look at it and one source says this means my moves are so fast you won't see them coming, but then I read an interview with John Cena and he just said I was listening to G-Unit like a douche. 1.00

00:04:14.000 And his brother said, you look stupid. 0.99

00:04:15.000 He was like, yeah, I'll do this on air, bro. 1.00

00:04:16.000 He was like, I bet you won't.

00:04:17.000 He was like, I bet I will.

00:04:18.000 And then... Really?

00:04:22.000 That's the story?

00:04:23.000 This is the world we live in where that's popular?

00:04:26.000 Wow, dude!

00:04:28.000 Exactly.

00:04:28.000 I hope he's his own next Make-A-Wish.

00:04:31.000 Yes.

00:04:33.000 The Ronald McSena house.

00:04:37.000 He just has, he's just bald.

00:04:39.000 Well, John Cena has progeria, so... Well, alright, we have a lot to get to today.

00:04:46.000 Of course, it's Cultural Appropriation Month Taiwan.

00:04:48.000 You send in your costumes, we will be taking the winners on Mug Club.

00:04:52.000 We'll be talking about a lot here today.

00:04:53.000 I don't know if you know about this, it just so happens to coincide.

00:04:56.000 China has a new military decree, which involves Taiwan, which involves all of your chipsets.

00:05:01.000 Aileen Gu, remember that broad who, she decided to ski for China? 1.00

00:05:07.000 Well now she wants to ski for the United States again. 0.97

00:05:09.000 What?

00:05:10.000 There's open border policies now that are real.

00:05:10.000 No.

00:05:12.000 Look, you were mad about 40 million to the Ukraine, 40 billion, sorry.

00:05:16.000 You'll be really mad about the 350 million to house refugees in other countries.

00:05:21.000 Oh, that's good.

00:05:23.000 This is something I really wanted to talk about.

00:05:26.000 You have the Fed just increased interest rates.

00:05:29.000 Do you expect another housing crash?

00:05:31.000 A lot of people have been asking.

00:05:32.000 It's not going to look like 2008, but there is going to be a correction.

00:05:36.000 We definitely have some issues that we're running into.

00:05:39.000 Also, Tim the Toolman or Casey can turn on the cigar fan because, boy, It is not healthy to breathe.

00:05:45.000 So you guys can comment below if you see another housing crash coming up.

00:05:48.000 And here we have him, fastest man on his feet.

00:05:50.000 Gonna be with me, lightoffcredit.com slash tour, fall tour, Phoenix, Houston, Charleston,

00:05:56.000 West Virginia, Nashville, Red Bank because New York City wouldn't have us, and then Baltimore.

00:06:00.000 Which, by the way, tickets are on sale in Baltimore.

00:06:02.000 We got a lot of people complaining they weren't available until last week.

00:06:05.000 Ahoy, I'm good.

00:06:05.000 I'm Cy Wynn Yang.

00:06:06.000 How you doing there Dave?

00:06:08.000 Ahoy, I'm good. I'm Si-Win Yang.

00:06:11.000 Yes.

00:06:12.000 David Foster Wallace.

00:06:13.000 Yes!

00:06:14.000 I own a lesbian bookstore that only sells Virginia Woolf. 1.00

00:06:18.000 And host Drag Queen Story Hour. 0.99

00:06:18.000 Yes. 0.99

00:06:20.000 Yes, indeed.

00:06:21.000 Incredibly popular.

00:06:22.000 Everyone sit around.

00:06:23.000 Then we have Gerald here, the best man.

00:06:25.000 How are you, sir?

00:06:26.000 I am well, other than not being accepted to Harvard because I'm Asian.

00:06:29.000 That's it?

00:06:30.000 Really phoning that one in.

00:06:30.000 That's it.

00:06:32.000 Why is your Harvard shirt like a toga?

00:06:35.000 He didn't have to wear it like that.

00:06:36.000 No, he didn't.

00:06:37.000 He chose to wear it like that.

00:06:38.000 Yeah, we watched him take the sleeves off.

00:06:40.000 That's just because we wouldn't allow him to wear it tied up like David Alan Grier.

00:06:43.000 Yeah, we're like, we have to read the Harvard.

00:06:46.000 It's better for airflow.

00:06:47.000 And then we've got, uh, we've got, uh, well, we've got hazmat suit.

00:06:49.000 We've got, oh, Casey is Ang Lee's.

00:06:52.000 Ang Lee's the Hulk?

00:06:53.000 Yeah.

00:06:54.000 Because he's Taiwanese? 0.94

00:06:56.000 Yes.

00:06:57.000 Yes.

00:06:57.000 Not a stretch at all.

00:06:58.000 Yeah, not a stretch.

00:06:59.000 There's only so much in Taiwan.

00:07:01.000 It's an island.

00:07:03.000 And then, uh, well, Tobin Owen is just something.

00:07:06.000 Are you Raiden?

00:07:07.000 Pineapple Tobin.

00:07:09.000 I hope your costumes are better, folks.

00:07:11.000 He's just hurting his father.

00:07:15.000 But it is Cultural Appropriation Month, and to appropriate is to appreciate, so we always want to teach you, right?

00:07:20.000 Every Cultural Appropriation Month, every Thursday.

00:07:22.000 So it's time to get some key facts regarding Taiwan.

00:07:25.000 雪花飘飘冰冻小小 I wonder what he was saying.

00:07:33.000 It sounded pretty.

00:07:34.000 By the way, that's their top 1 through 40.

00:07:36.000 It's all that song.

00:07:38.000 Oh yeah, it's just one song.

00:07:41.000 What's number 2?

00:07:41.000 What's number 4?

00:07:44.000 There's subtle differences.

00:07:45.000 They're on the top, give me an extra hundred.

00:07:49.000 All right, so we have to decide if these are fact or fiction, because we realized some of you folks weren't paying attention to the Cultural Appropriation Month facts.

00:07:55.000 So, Token Owen, let's give us some.

00:07:57.000 And some of these are real, some of these are not.

00:07:59.000 Right.

00:07:59.000 And yeah, that's you and Gerald.

00:08:01.000 Your job is to figure out which ones are which.

00:08:03.000 Not Dave, because he helped us write these.

00:08:05.000 Oh, OK.

00:08:05.000 Well, that's good when it comes to facts.

00:08:08.000 I was going to be good at this then.

00:08:12.000 Why'd you do that?

00:08:13.000 All right.

00:08:13.000 Give it to us, Token Owen.

00:08:14.000 Taiwan facts.

00:08:15.000 OK, so first off, we got one sixth of all screws are made in Taiwan.

00:08:20.000 Okay.

00:08:21.000 You want us to guess in real time?

00:08:23.000 That's a fact, yeah.

00:08:24.000 I don't think so.

00:08:25.000 No?

00:08:25.000 No, I don't think that's a fact.

00:08:27.000 What is it?

00:08:29.000 The answer is...

00:08:31.000 Fact.

00:08:31.000 Oh, come on!

00:08:32.000 It's a fact, all right.

00:08:34.000 Okay, give us fact number two.

00:08:35.000 Yes, see, I knew that.

00:08:36.000 All right, number two.

00:08:36.000 The most common surname in Taiwan is Dong.

00:08:39.000 No, that can't be a fact.

00:08:40.000 That's racist.

00:08:40.000 That's got to be true.

00:08:42.000 No.

00:08:42.000 True.

00:08:43.000 What's the answer?

00:08:44.000 Stephen is right.

00:08:45.000 Oh, come on! 0.99

00:08:46.000 It's not Dong, it's actually Chen. 0.97

00:08:48.000 Yep, we just have racist writers. 0.95

00:08:49.000 Dong is actually number two. 0.98

00:08:51.000 Also racist.

00:08:52.000 Dong is actually the currency name in Vietnam.

00:08:55.000 Really?

00:08:56.000 That's 100% true.

00:08:57.000 Wow.

00:08:57.000 The Dongs.

00:08:58.000 I had a lot of Dongs when I was over there. 1.00

00:08:59.000 That sounds terrible.

00:09:00.000 Why did I say that?

00:09:01.000 The Viet Dongs are coming! 1.00

00:09:02.000 I meant money!

00:09:04.000 I have millions of Dongs.

00:09:06.000 This is guerrilla warfare.

00:09:08.000 They're the largest Dong they've ever seen.

00:09:10.000 A hundred thousand dollar note.

00:09:11.000 I will take over the world if you don't give me five billion Dongs.

00:09:15.000 Uh, sorry?

00:09:17.000 It's the Dong Show! 0.59

00:09:18.000 I don't think that's just pornography.

00:09:20.000 Alright, give us another one, Tokino.

00:09:21.000 Number three, no Taiwanese believe that John Cena is, in fact, real.

00:09:24.000 I'm gonna say that's true.

00:09:26.000 That's because that's more reciprocity.

00:09:27.000 No, I'm going opposite.

00:09:29.000 Alright.

00:09:29.000 What, is real not true?

00:09:31.000 That is not true.

00:09:34.000 Yeah!

00:09:34.000 Well, that's more of an assumption.

00:09:36.000 Yes.

00:09:37.000 I mean, it could be true.

00:09:37.000 It's how they feel, but it may not be true.

00:09:40.000 Joel also can't do math because we are not tied up.

00:09:42.000 I'm playing Stephen math.

00:09:44.000 We are all tied up.

00:09:45.000 Nope, Stephen's in the lead right now.

00:09:46.000 Yeah, I'm in the lead, alright.

00:09:47.000 2 to 1.

00:09:47.000 Alright, number 4.

00:09:48.000 We got Taiwanese superstition holds that if students trim their nails during their final exams, they will end up with failing grades for their subjects.

00:09:55.000 No, no, that's a misinterpretation of Samson.

00:09:58.000 It was hair.

00:09:58.000 100% true.

00:10:00.000 Don't trim your nails.

00:10:01.000 The answer is... true.

00:10:03.000 Oh, baby! 0.96

00:10:05.000 Well, you know what?

00:10:06.000 Maybe China should take them over. 0.99

00:10:07.000 All right, now we're all tied up.

00:10:09.000 Oh no, I trimmed my nail!

00:10:10.000 I mean, I'll get B+.

00:10:12.000 Yeah, that's why you failed.

00:10:13.000 It's a lot of drinking the night before.

00:10:14.000 Yes.

00:10:15.000 All right, number five, Taiwan is... Those nails will come in handy when they're scratching at the prison door from the Chinese invasion.

00:10:21.000 There you go.

00:10:22.000 I feel like they're not drunks like frat boys here.

00:10:24.000 No, probably not.

00:10:25.000 Not doing sake shots all night.

00:10:27.000 They're not trimming their nails.

00:10:27.000 That's probably their own culture.

00:10:28.000 Yeah.

00:10:29.000 All right.

00:10:29.000 All right, number five, Taiwan was traditionally known in the West as Formosa.

00:10:34.000 Gerald?

00:10:35.000 True.

00:10:40.000 Are you awake?

00:10:42.000 I didn't hear you.

00:10:43.000 You said true?

00:10:44.000 I did say true.

00:10:44.000 He doesn't listen to me.

00:10:48.000 You listen to me so little I should marry you.

00:10:50.000 Alright, let's go to the next.

00:10:51.000 His ear's bleeding.

00:10:53.000 That's it, that's six.

00:10:54.000 Now we got one more.

00:10:58.000 So final one, Snake Alley is a market in Taipei that serves unique delicacies such as snake blood, turtle blood, and deer penis wine.

00:11:05.000 Well, that just seems so odd that it must be true.

00:11:07.000 It is absolutely false. 0.98

00:11:09.000 There is no such thing as deer penis wine. 0.94

00:11:11.000 I don't know. 0.83

00:11:11.000 You don't know that? 0.83

00:11:12.000 Even if this isn't true, you don't know that.

00:11:14.000 Give us the answer.

00:11:15.000 Alright, this answer also declares the winner.

00:11:18.000 Because you guys are tied up.

00:11:19.000 And it is Steven, that is true.

00:11:21.000 Oh, come on! 0.99

00:11:21.000 Gerald, I've seen you drinking deer penis wine. 0.99

00:11:25.000 Yeah, he even identified the vintage. 0.98

00:11:26.000 Yeah, I've seen you taking it right from the tap.

00:11:28.000 I go, what's your favorite year?

00:11:30.000 He goes, all of them.

00:11:31.000 Yes.

00:11:31.000 I was like, is this Carl?

00:11:33.000 Carl?

00:11:33.000 He's like, what's the varietal?

00:11:35.000 I just love it.

00:11:36.000 That doesn't matter.

00:11:36.000 I know the deer.

00:11:37.000 Can't get enough of it.

00:11:38.000 Alright, that's been Taiwan Facts.

00:11:40.000 雪花飘飘北风萧萧 Oh, I love it every time I hear it.

00:11:47.000 What's the bet on, are we still on YouTube?

00:11:50.000 We just played their music, what do you mean?

00:11:52.000 We're still on YouTube.

00:11:54.000 I don't know if China minds us doing Taiwan.

00:11:57.000 No, we didn't quote the CDC.

00:11:59.000 Well, don't worry, we're going to get to trashing China in just a minute, because I don't know if you know this, I don't want to vilify an entire nation of people, but China's a horrible place, and it's a live show, Monday through Thursday, 10am Eastern, so we're on Rumble, and we are on Mug Club. 0.98

00:12:12.000 If you do not see us here on YouTube, I have no idea how long we'll be on YouTube.

00:12:15.000 Of course, we're gone July, taping some other things.

00:12:18.000 We always have to take this break and rebuild the studio up.

00:12:20.000 But unless we tell you we're not here, that means we're on Rumble or over there on Mug Club.

00:12:24.000 So let me bring you some news here on Taiwan and China.

00:12:28.000 And then Gerald was really passionate about it.

00:12:30.000 So let me set this up.

00:12:32.000 So Chairman Xi Jinping, you know who that is?

00:12:34.000 Yeah, that guy.

00:12:35.000 Winnie the Pooh.

00:12:35.000 Got it.

00:12:36.000 Now we're done.

00:12:38.000 I was waiting to hear the sound of rockets. We're good.

00:12:40.000 If there was a missile.

00:12:42.000 So he just signed a decree that would allow for the deployment of Chinese troops for purposes other than war, as though it's a new... Yeah.

00:12:51.000 As they needed a reason for that.

00:12:52.000 Tell that to all the Muslim Uyghurs. 1.00

00:12:54.000 No, they're not using war powers.

00:12:56.000 No.

00:12:56.000 It's different.

00:12:57.000 It's flying round.

00:12:58.000 When your everyday powers are just as heinous as your war powers, at this point we're splitting very straight black hairs, folks.

00:13:05.000 Yes.

00:13:08.000 So the media, the state media, Xinhua... If you'd cut to me... So this new outline aims to, quote, protect people's lives and property, safeguard national sovereignty, security, and develop interest and safeguard world peace and regional stability.

00:13:28.000 Because when I think China, I think World peace. 0.92

00:13:30.000 Yeah, is this a beauty pageant? 0.88

00:13:32.000 World peace.

00:13:33.000 Stability.

00:13:33.000 Yeah.

00:13:34.000 Stability! 0.85

00:13:35.000 Like beating you. 0.96

00:13:36.000 Yes. 0.89

00:13:36.000 Arresting you. 0.89

00:13:37.000 Why do you need a decree for this stuff?

00:13:40.000 I'm not really sure why.

00:13:40.000 That's a good question.

00:13:42.000 Probably because they're lying.

00:13:44.000 Ah.

00:13:44.000 Yeah, yeah, yeah.

00:13:45.000 Yeah, yeah.

00:13:45.000 But they want us to not think that they're lying.

00:13:48.000 Well.

00:13:48.000 Sort of like John Cena.

00:13:50.000 Yeah.

00:13:50.000 I hate myself today.

00:13:51.000 Do you realize this makes me depressed wearing this, that this is the current state of wrestling.

00:13:55.000 So, let me ask you- I gotta say, it looks good on ya.

00:13:57.000 Yeah.

00:13:57.000 I think this should be an everyday.

00:14:01.000 No.

00:14:01.000 Sorry.

00:14:02.000 Well, you know what though?

00:14:03.000 I can't believe that there's only a 20 pound weight difference between me and John Cena.

00:14:07.000 How is that possible?

00:14:08.000 He looks like a different species. 0.96

00:14:09.000 He's four foot nine.

00:14:11.000 Oh, okay.

00:14:12.000 He's really short.

00:14:13.000 That's why people can't see him.

00:14:14.000 They look right over him.

00:14:15.000 That's why they love him in China.

00:14:16.000 Yeah, not juiced to the gills.

00:14:18.000 No, of course not.

00:14:18.000 Yeah.

00:14:19.000 No, he's natural.

00:14:21.000 So let me ask you before we move into Gerald, what do you think that China means by safeguard?

00:14:26.000 Safeguard world peace.

00:14:27.000 I'm doing the half Asian accent.

00:14:28.000 Safeguard!

00:14:29.000 I meant safeguard world peace.

00:14:30.000 What do you think that actually, what is?

00:14:32.000 What's that sound?

00:14:33.000 What is that noise?

00:14:33.000 I wish I knew how to quit you.

00:14:36.000 Oh my gosh.

00:14:37.000 Well Ang Lee, he's kind of known for one thing.

00:14:40.000 Yeah. 0.55

00:14:41.000 Gay Cowboys. 0.99

00:14:42.000 Not Time.

00:14:43.000 Yeah, he did make that movie.

00:14:44.000 It is time though for Gerald Knows Stuff.

00:14:56.000 Now let me set this up.

00:14:57.000 You guys should go and watch.

00:14:58.000 If we're on YouTube, we can put a card up here.

00:15:00.000 Go and watch.

00:15:01.000 We did a very long segment on Taiwan, on what a war between China and Taiwan would look

00:15:05.000 like.

00:15:06.000 It would have to take place during really one of two months during the year, why it

00:15:09.000 would affect you, why it's different from Ukraine because of the chip sets, of course,

00:15:13.000 which we're dependent upon Taiwan for.

00:15:15.000 And screws, I had no idea.

00:15:16.000 Screws, yeah.

00:15:17.000 What are we gonna do?

00:15:18.000 Deck screws, gosh.

00:15:19.000 What are we gonna do, pressure fit everything? 0.98

00:15:21.000 Also, Gerald's intro, guys, if you're listening, Dear Penis Wine needs to be added to that. 0.88

00:15:26.000 Yeah, it does. 0.64

00:15:26.000 It needs to be in there. 0.64

00:15:27.000 Dear D-E-E-R. 1.00

00:15:29.000 Yes.

00:15:29.000 No.

00:15:30.000 It's not Dear Penis Wine. 0.94

00:15:33.000 That's a nickname, but he'd be writing a letter to himself.

00:15:37.000 Is that a Dear Me country song?

00:15:39.000 That's how he writes in his diary.

00:15:41.000 If you want the geopolitical situation there, specifically, as far as what that war would look like, how it affects you, why it's different from Ukraine, I would recommend you go and watch that.

00:15:50.000 I think we did a whole show on it.

00:15:51.000 We did a debate on it as well, about Ukraine.

00:15:54.000 Yes, about Ukraine.

00:15:54.000 So this is a little bit different because of the new changes.

00:15:57.000 I want to tell you something before Gerald goes in here.

00:15:59.000 After seeing the Taiwanese train with airsoft guns because their own citizens aren't allowed to have assault weapons, I'm less pro-protecting them. 0.87

00:16:10.000 I'll get to that.

00:16:11.000 It did frustrate you.

00:16:12.000 It frustrated me beyond recognition.

00:16:13.000 What does it take?

00:16:14.000 What does it take?

00:16:16.000 You basically, you are a nation, effectively, who are founded upon the idea that this other giant wants to wipe you out and you still don't let your citizens have Still don't let your citizens have military-style weapons?

00:16:27.000 They should all be forced to train in them, and have a couple in their closet. 1.00

00:16:31.000 It should be like a Switzerland situation, you know, World War II, with all their military-age men. 0.99

00:16:35.000 But instead, unfortunately, this is one thing you guys need to get straight.

00:16:38.000 Taiwan?

00:16:38.000 Okay, I understand.

00:16:40.000 It's a much more important partnership for us than, for example, Ukraine.

00:16:44.000 But if you think that, let's say, China were to try and wipe Taiwan off the face of the map, and everyone from Taiwan is going to come into the United States, and they're going to be pro-America, you still will be looking at a demographic of people who want to be subjugated by their government. 0.67

00:16:53.000 There is no spirit of rugged individualism, of individual liberty outside of the United States, so I'm under no ill-conceived notions that the Taiwanese are actually pro-America in the way that we would believe it to be.

00:17:06.000 You don't allow your citizens the right to train with... If there is a nation that should be training With military-style assault weapons.

00:17:16.000 I mean assault rifles.

00:17:17.000 Actual military assault rifles.

00:17:18.000 Not AR-15s.

00:17:19.000 I mean actual M16s.

00:17:21.000 M16s.

00:17:21.000 Burst fires.

00:17:22.000 Or Gatling guns for all you know.

00:17:24.000 They should be doing it.

00:17:25.000 That gives you an idea.

00:17:26.000 The left will never concede that territory.

00:17:28.000 If Canada had the same population as the United States and they were trying to invade the USA The left still wouldn't say, you know what, hey, maybe you should have the right to defend your house and home.

00:17:38.000 There will never be a scenario under which they believe you have the right to defend yourself.

00:17:42.000 For reference, see every other country in the history of the world.

00:17:44.000 Okay.

00:17:44.000 Yeah.

00:17:45.000 Well, and to be clear, in Taiwan, you can own a shotgun, a rifle, and a handgun.

00:17:48.000 But we were talking, I was like, is there any other clear example in the world where you want to make sure everybody knows how to use assault weapons, if that, you know, military weapons?

00:17:56.000 Like, let's get everybody tank training.

00:17:58.000 How about that?

00:17:59.000 Let's go as far as we can.

00:18:01.000 But they see a lot of similarities, and we've talked about this, like you said, between the Russia invasion and not only the invasion of Ukraine and how the world responded to it, but what Russia did, specifically Vladimir Putin, in the lead up to that issuing this decree.

00:18:12.000 And so I saw this on, I think, Monday is when it came out, and it went into effect yesterday.

00:18:16.000 And I was like, this is a really weird way to frame this entire thing.

00:18:20.000 You release a decree that basically gives you power to go wherever you want.

00:18:25.000 And do whatever you want and say, oh, it's not a military operation.

00:18:27.000 We're preserving world peace.

00:18:29.000 We're defending citizens.

00:18:31.000 We're taking care of our national sovereignty.

00:18:33.000 Right?

00:18:33.000 And they still consider Taiwan a part of them.

00:18:35.000 So that makes sense.

00:18:36.000 So Eugene Kuo, an analyst with Taiwan's Institute for National Policy Research said, I think it's definitely a copy of Putin's special operation language.

00:18:43.000 And that was the decree that he issued.

00:18:45.000 It's not war.

00:18:45.000 It's a special operation.

00:18:47.000 Yeah.

00:18:47.000 Like he didn't put any thought into this.

00:18:48.000 Right.

00:18:48.000 Like what were you like two seconds before going on camera?

00:18:50.000 What's the name?

00:18:51.000 Special operation.

00:18:52.000 I'm not a warmonger.

00:18:53.000 I'm a war star.

00:18:54.000 Yeah, exactly.

00:18:56.000 And continuing his quote, and after what happened in Ukraine, it sends a very threatening signal to Taiwan, Japan, and the surrounding countries in the South China Sea.

00:19:03.000 So, Quad believes that Xi is trying to enhance gray zone activities, which is basically like saying, we don't recognize international borders, international waters, right?

00:19:13.000 We think that this is our territory.

00:19:14.000 So it's like, these are kind of acts of war that are not acts of war.

00:19:18.000 And so they're kind of like pushing and poking the bear a little bit here.

00:19:20.000 So that's what he's saying.

00:19:22.000 We don't recognize them as international waters.

00:19:24.000 But they are.

00:19:24.000 No!

00:19:25.000 And then Biden says, oh, OK.

00:19:27.000 Yeah, sorry about that.

00:19:29.000 Oh, my bad.

00:19:29.000 It's like the Strait of Taiwan, it's like, hey, there's international waters here.

00:19:32.000 I think usually every country, I think it's 12 miles out, right, that you can claim as kind of national waters.

00:19:37.000 Outside of that, it's international waters.

00:19:38.000 And they're like, no.

00:19:40.000 We don't really play by everybody else's rule.

00:19:42.000 So that's what he's talking about there.

00:19:43.000 So they're worried, right?

00:19:44.000 So Taiwan is also taking note of China's moves here, right?

00:19:49.000 A little bit down below there.

00:19:50.000 So on Wednesday, Taiwan's Foreign Minister Joseph Wu spoke on China's increasing escalation.

00:19:55.000 We have a little bit.

00:19:56.000 We have a clip.

00:19:56.000 Yes, right.

00:19:57.000 From what we see recently, China seems to be gearing up its military operations and I can give you some evidences of this.

00:20:05.000 In the first part of May, China has conducted naval exercises east of Taiwan for two weeks with its aircraft strike group Liaoning.

00:20:20.000 And they have also conducted air exercises around Taiwan, especially in southern part of our ADIZ.

00:20:28.000 And in several occasions, they also crossed the medium line of the Taiwan Strait, which has been safeguarding status quo and peace and stability over this area for years.

00:20:37.000 And moreover, their spokesperson for the PLA has spoken about the medium line of the Taiwan Strait does not exist because Taiwan is part of China.

00:20:48.000 And very recently, their Ministry of Foreign Affairs spokesperson also talked about Taiwan as part of China.

00:20:55.000 And therefore, the Taiwan Strait is not an international water.

00:20:59.000 So if we put all this together, we see a very threatening China these days. 0.93

00:21:04.000 Before you move on really quickly, for those who are listening on audio, you saw that map where you just look at how huge China is, now how small Taiwan is.

00:21:13.000 Now that being said, there's a reason that there hasn't been a land invasion, because of course China wants to take that one, they've been saying it.

00:21:17.000 There's something that they're scared of, and this you can go to the previous show, video, it might be on Crowderbits, but certainly the full show where we've talked about what that looks like, the mountainous terrain, how Taiwan is actually punching above their weight class.

00:21:29.000 That being said, this should also give you an idea.

00:21:33.000 When we're talking about the Second Amendment, you have people who will make these arguments going, oh well, what, you think American gun owners have a chance against the United States military if it comes?

00:21:41.000 Yes, absolutely.

00:21:43.000 There are more guns in this country than there are citizens.

00:21:46.000 The number, I don't know if it's between 350 million or over 400 million dollars, depends

00:21:49.000 on what the updated number is.

00:21:51.000 And we have 300-something million people here in this country.

00:21:54.000 40-something percent of households own a firearm.

00:21:57.000 You think about what's going on in Taiwan.

00:21:59.000 I'll show you their airsoft training in a second, which is absolutely embarrassing and

00:22:02.000 laughable.

00:22:03.000 They should be ashamed of themselves.

00:22:04.000 But in the United States?

00:22:05.000 Yeah, because we have, we have.

00:22:08.000 Do you know the rednecks that we have here? 1.00

00:22:11.000 Oh yeah, well I mean you're also assuming that when you look at like the military, they're here to protect the country, not the government from taking us over.

00:22:18.000 Right.

00:22:19.000 Like the whole military would just go with them?

00:22:20.000 No, it wouldn't happen.

00:22:21.000 I'm just saying that if they had in Taiwan what we have here, it would just be a bunch of AR-15 round casings and natty ice cans that would be sticking.

00:22:30.000 Have you gone to, like you go to the range on the weekend, And you're like, that guy's drunk and he's hitting everything!

00:22:38.000 Yeah, absolutely.

00:22:38.000 He's hitting everything.

00:22:39.000 You just have some 400-pound mother with an Uzi just in a Taco Bell bag. 1.00

00:22:43.000 These people, yes, they could defend themselves against a land invasion.

00:22:46.000 It certainly would help!

00:22:47.000 Yeah, absolutely.

00:22:48.000 Crystal Burger AK.

00:22:50.000 Yes!

00:22:52.000 Well no, you're 100% right with the numbers thing.

00:22:54.000 Of course we would do better.

00:22:55.000 They basically gave their soldiers a gun.

00:22:55.000 I mean, what did Russia do?

00:22:57.000 When the guy in front of you gets killed, they gave the guy behind him ammunition so that he could pick up the guy's gun that was killed, put the ammunition in, and continue fighting.

00:23:04.000 That was literally what they did.

00:23:06.000 I believe it was Stalingrad when they were defending it.

00:23:08.000 I can't remember the name.

00:23:08.000 But anyway...

00:23:09.000 Monday, Taiwan has to respond, right? 0.83

00:23:11.000 So, Monday this decree comes out, and it's obviously, like, aimed at Taiwan, even though they're not saying it is.

00:23:15.000 And their legislative speaker, Yun Fong, came out and said, uh, that, and I, this isn't much of a, like, threat to them.

00:23:22.000 We have missiles that are capable to attack a Beijing.

00:23:25.000 And I'm like, that's like Texas saying they can hit Louisiana.

00:23:28.000 That's not exactly technologically- Maybe Texas should hit Louisiana. 1.00

00:23:31.000 Well, I'm just saying, it's not like saying we're firing a missile- Crawfish is ours, bitches! 1.00

00:23:35.000 We don't want it. 0.99

00:23:36.000 I want the Boudin.

00:23:37.000 Etouffee, whatever the hell that is, and keep it.

00:23:40.000 Okay.

00:23:40.000 Yeah.

00:23:40.000 No.

00:23:41.000 So that's not much of a threat.

00:23:43.000 Sorry, I love how much you hate being John Cena.

00:23:46.000 Just your body language.

00:23:47.000 It's like putting a Christmas sweater on a bulldog.

00:23:51.000 When I was a kid, you know, we had The Undertaker before he was just a biker. 0.96

00:23:55.000 They said, hey, let's take an interesting character.

00:23:56.000 We have The Undertaker.

00:23:57.000 My son's favorite ever.

00:23:58.000 Yeah, but back in the day, I mean, I guess they brought him back to that character.

00:24:01.000 They said, let's just put everyone in jorts and t-shirts. 0.59

00:24:04.000 You think about The Ultimate Warrior.

00:24:05.000 You think about Hulk Hogan.

00:24:06.000 You think about Goldust.

00:24:08.000 You think about Triple H before he was Triple H when he was Hunter Hurst.

00:24:10.000 There was buy-in. 1.00

00:24:11.000 This is just dressing like an asshole. 1.00

00:24:15.000 Let's have a douchebag character that everybody will hate. 1.00

00:24:17.000 Like when you got in that, it's just your mood changed. 0.94

00:24:22.000 And you're right.

00:24:23.000 That's the thing.

00:24:24.000 You're 100% right.

00:24:25.000 I can't get out of it fast enough.

00:24:29.000 I'd rather be dressed as a chick. 0.98

00:24:31.000 Honestly, I think this would be a better episode.

00:24:38.000 I'd rather be Ang Lee's whatever you are over here.

00:24:43.000 Makes you use Bing, huh?

00:24:44.000 Yeah, she's bringing out the book.

00:24:46.000 Time to be quiet in her library.

00:24:48.000 Alright, so look, the invasion of Ukraine has definitely got people in Taiwan kind of rethinking what's going on.

00:24:54.000 Their sidekick is just a little bent back paper clip from working.

00:24:59.000 I'm sorry, go ahead.

00:25:00.000 I'm sorry, I'm sorry, I'm sorry.

00:25:02.000 I know you really care about these people.

00:25:05.000 She just hit him with the Dewey Decimal System. 1.00

00:25:09.000 Round, I want you to give me pie.

00:25:13.000 All the way to the 42nd digit.

00:25:15.000 No!

00:25:16.000 Oh no!

00:25:18.000 Alright.

00:25:19.000 This is somehow better than John Cena.

00:25:23.000 Look at these, look at these, hustle, loyalty, respect.

00:25:27.000 That's his slogan?

00:25:28.000 Yeah.

00:25:29.000 It's reminding him to do those things.

00:25:30.000 Oh my gosh, because this makes him sweat so much.

00:25:32.000 Yeah, his slogan is Oprah's Book Club.

00:25:37.000 However you can make more money, that's exactly right.

00:25:39.000 And he apologized. 0.95

00:25:41.000 All those useless muscles, and he's an absolute spineless pansy kowtowing to China because of overlords. 1.00

00:25:47.000 This is the thing about this industry, guys. 0.96

00:25:49.000 Let me tell you something.

00:25:50.000 Before we go on with China, you wonder, doesn't this guy have FU money?

00:25:53.000 My dad was just asking that.

00:25:54.000 It's that you owe somebody something.

00:25:56.000 John Cena is owned by other people.

00:25:58.000 And I don't mean there's some secret Bilderberg meeting.

00:26:00.000 I mean that guy, even if he does think that Taiwan has the right to exist, can't say it.

00:26:07.000 When you wonder, how can so many people in the entertainment industry get together and all have the same opinion?

00:26:11.000 You would even think just by happenstance there might be some divergence.

00:26:14.000 It's because you owe.

00:26:15.000 You owe someone in the industry. 0.99

00:26:16.000 And John Cena Pussy. 0.99

00:26:19.000 Go ahead. 1.00

00:26:21.000 You're absolutely right.

00:26:22.000 Well, so, I mean, obviously, this is one of the reasons that I care about it, is because China is exerting force over the entire world right now.

00:26:28.000 Because we've outsourced factories to them, we've kind of kowtowed to them because they're a big financial powerhouse, and now they're making threats against a country that should be independent in Taiwan, and Taiwan is making some, you know, they're having like a real come-to-Jesus moment here, knowing that this could happen really quickly, and they're increasing their training.

00:26:43.000 Don't let them own assault weapons though.

00:26:44.000 And that is true, and I appreciate that they understand that they have to stand and fight.

00:26:46.000 my commanders would remind the men that the threat from China was growing.

00:26:50.000 It's like, like you needed to say that.

00:26:51.000 Yeah.

00:26:51.000 Ukraine.

00:26:52.000 Don't let them own assault weapons though.

00:26:54.000 Right.

00:26:55.000 Don't let them train with the things they will actually need to defend their country.

00:26:57.000 Uh, Ukraine showed us another part of the quote that you need to first show to others

00:27:01.000 that you have the resolve to defend yourself only then will others come to your help.

00:27:04.000 And that is true.

00:27:06.000 And I appreciate that.

00:27:07.000 They understand that they have to stand fight.

00:27:09.000 This is not our country.

00:27:10.000 You guys, if you're not willing to fight, like we fought for our country, why should

00:27:15.000 we come over and help you guys?

00:27:16.000 Because it's just going to be us doing it, leaving, and the same situation may be occurring again.

00:27:20.000 So it doesn't really solve anything.

00:27:22.000 Civilians though, this is the favorite part for Matt John Cena over here. 0.89

00:27:26.000 Civilians have also started participating in... This makes me not want to help Taiwan. 0.96

00:27:30.000 I've almost done a 180 in my position.

00:27:32.000 Show the clip, you'll see why.

00:27:33.000 God. First comment, is that airsoft?

00:27:39.000 Yes.

00:27:40.000 Ha ha ha.

00:27:41.000 Why is Casey shooting guns?

00:27:46.000 have to save ammo yeah that's how you want to defend your country

00:27:55.000 Finley sleeve tattoos and a Willard haircut.

00:27:58.000 There's a reason they make a buzz cut here.

00:28:24.000 For those listening on audio, and by the way, you can subscribe on Apple and Android and

00:28:28.000 Spotify and I recommend you do that.

00:28:30.000 There's some content sometimes that you get there that you don't get here on YouTube or Rumble.

00:28:33.000 They're talking about training up effectively as militia reservists.

00:28:36.000 This should...

00:28:38.000 Sort of answer a couple of questions for you. 0.99

00:28:39.000 When people here argue, hey, what part of your ass is part of a regulated militia? 0.99

00:28:44.000 Everyone. 0.99

00:28:44.000 You see, those are just people. 0.99

00:28:45.000 Here in the United States, people can get together and become any kind of a militia.

00:28:49.000 The militia is the whole people.

00:28:51.000 That's what Mason said.

00:28:52.000 They were very, very clear.

00:28:53.000 Militia, by the way, legally was defined as any able-bodied men capable of serving back then, capable of protecting their country.

00:28:59.000 So you see this now when push comes to shove.

00:29:02.000 There you go, that's a militia.

00:29:03.000 Those aren't people with military haircuts, those are people with largely their own equipment in many cases, and they're using airsoft, which we all know is... Yeah, that's exactly the same as firing an actual weapon.

00:29:13.000 Stop shooting me!

00:29:13.000 In no way whatsoever, it doesn't even have a kick to it.

00:29:17.000 Somehow they're moving.

00:29:19.000 Right, yeah.

00:29:19.000 Well, that's just because they're incredibly weak.

00:29:21.000 Yeah.

00:29:22.000 Well, no, I think you're absolutely right.

00:29:25.000 Recoil.

00:29:25.000 Yes.

00:29:26.000 Recoil.

00:29:26.000 It's too late in the game to be able to think that you need weapons as you're being attacked.

00:29:31.000 Like, oh crap, I wish our citizens had weapons.

00:29:32.000 Don't you think Ukrainians right now wish that every able-bodied man had military training to be able to defend themselves against Russia? 0.98

00:29:39.000 They're doing a decent job.

00:29:40.000 But it would have been much, much better.

00:29:42.000 And look at Ukraine and Russia. 0.52

00:29:44.000 Look at what happened with the Taliban, for crying out loud.

00:29:46.000 Guess what?

00:29:47.000 When you're fighting on your own terrain, when you know the locale where you'll be fighting, guess what?

00:29:53.000 You have a huge advantage.

00:29:54.000 Think about the home court advantage in sports games.

00:29:56.000 You don't think so in the hills of West Virginia?

00:29:59.000 Louisiana and the swamps of Louisiana?

00:30:01.000 In Texas?

00:30:02.000 These people who live here are going to know how to defend it better than people who've never set foot there are going to know how to attack it.

00:30:10.000 That's absolutely true, not to mention the ability here to have incredible firearms, which we rightfully should.

00:30:17.000 And I'm not being facetious.

00:30:20.000 A part of me would like to see, if I were president, I would say, okay, Taiwan, talks are off the table.

00:30:26.000 We will not help you, protect you, unless you allow every single citizen to Half firearms.

00:30:33.000 Oh, only shotguns.

00:30:33.000 No, no, no.

00:30:34.000 You allow them to have AR-15s.

00:30:35.000 You allow them to have high-capacity semi-automatic rifles.

00:30:38.000 You know, the kind of stuff that you would need them to use during wartime.

00:30:42.000 Because don't come to us for protection.

00:30:44.000 When you haven't maximized your own resources, and the most important resource, as it relates to any kind of amphibious war that we might see with Taiwan, again, you can go back to a previous segment, is going to be the citizens.

00:30:55.000 And the citizens' ability, ergo, the militia, to protect themselves.

00:30:59.000 I am so tired of the United States Paying for the rest of the world and hearing the rest of the world bitch about how we pay for it. 0.86

00:31:08.000 We're talking about Russia, Ukraine, Sweden. 0.83

00:31:10.000 We want to be in NATO now?

00:31:11.000 No!

00:31:12.000 Hey! 0.99

00:31:12.000 All I've heard you do is bitch about for years. 0.99

00:31:14.000 Just talk down to the United States. 0.96

00:31:16.000 If you had your socialized healthcare system, guess what? 0.99

00:31:18.000 Pay for all of your socialized healthcare systems and pay for all of your social safety net bullshit, okay? 0.91

00:31:23.000 Pay for all of it and back pay 2% of your GDP on military spending for NATO, you know, for the last 60 years. 0.94

00:31:30.000 Then we'll consider it.

00:31:31.000 Yeah.

00:31:32.000 While you were paying for healthcare, we were building a military.

00:31:34.000 Yes.

00:31:35.000 To make sure that we could defend our own country and also help out a number of nations throughout the last 60 years.

00:31:40.000 Right.

00:31:41.000 And obviously, I think Taiwan is far more important than Ukraine.

00:31:44.000 I think that it would make sense for the United States to protect them.

00:31:46.000 But you know what?

00:31:46.000 They need to start Back in the day, if we were to protect a country like Taiwan, protect a place like Taiwan, it would be, okay, now you speak our language and you pay taxes to us.

00:31:55.000 You know, if we were a king, if we were a monarchy, you don't go in and help another nation because you're dependent on them for chipsets.

00:32:00.000 It's, guess what?

00:32:01.000 Your chipsets are ours now.

00:32:02.000 We get a commission because, well, why?

00:32:05.000 Because you wouldn't exist if not for us.

00:32:08.000 Colonization. 0.95

00:32:09.000 Which everyone wants to bitch about. 1.00

00:32:11.000 How do you think the world works?

00:32:14.000 How do you think the world works?

00:32:15.000 Do you think Genghis Khan was paying for other nations to take in refugees?

00:32:20.000 He was making refugees! 1.00

00:32:21.000 And killing them on the way out! 1.00

00:32:23.000 That was rude. 1.00

00:32:24.000 It was pretty rude.

00:32:25.000 I can't believe he did that.

00:32:26.000 Yeah, but he had a lot of kids.

00:32:27.000 He did.

00:32:28.000 That's true.

00:32:29.000 A lot of baby mamas. 1.00

00:32:30.000 Hopefully there's enough of a threat with the citizens of Taiwan, Japan, and the United States to keep China from invading, but here's the problem. 0.93

00:32:37.000 As long as you have somebody weak in the White House who has shown an inability to act effectively, Ukraine and Russia, It just gives them the green light. 0.55

00:32:45.000 They know they can probably take Japan. 0.99

00:32:47.000 They know they can probably take Taiwan. 0.93

00:32:48.000 Right.

00:32:49.000 If we're involved, if the rest of the world is involved, that's a different story the rest of the world needs to step up.

00:32:54.000 The rest of the world needs to step up and we need to disconnect ourselves from this idea of a global economy.

00:32:59.000 We really do!

00:33:00.000 Especially when we get bent over a barrel by China for it, because that's the reason people don't speak out. 0.96

00:33:04.000 When you said they're owned, what happens right now if the NBA speaks out on China?

00:33:08.000 What happens to revenue for movies if they speak out on China right now?

00:33:11.000 What happens to Apple if they speak out?

00:33:13.000 Nike if they speak out?

00:33:14.000 Just name every industry.

00:33:16.000 If they speak out on China because we have said for years we're just the ideas country, What happens?

00:33:23.000 What happens to Facebook, Twitter, and YouTube if they don't throttle content that's anti-Chinese?

00:33:27.000 Think about that for a second.

00:33:28.000 One of their biggest emerging markets, China says, guess what, we're going to put a ban on your website.

00:33:32.000 They don't want that.

00:33:33.000 This is the problem.

00:33:34.000 It doesn't require some crazy conspiracy theory, a meeting behind closed doors, a cabal.

00:33:39.000 It's just understanding the Chinese government, understanding how they censor, understanding how they pressure American businesses to kowtow to their policies, which, by the way, are gross violations of human rights.

00:33:50.000 That's all it takes! 0.99

00:33:51.000 And that's why John Cena needs to get his ass kicked by someone who actually fights. 0.99

00:33:57.000 But of course, be sure to drug test me. 0.99

00:34:00.000 This has been Gerald Knowstuff.

00:34:16.000 Well, either way, look, it's great that they're taking the threat seriously.

00:34:19.000 Right.

00:34:20.000 Yes.

00:34:20.000 Yeah.

00:34:21.000 What's, um...

00:34:23.000 What's, uh...

00:34:23.000 This is my studio now!

00:34:25.000 This belong to Cha...

00:34:27.000 Oh, hi John.

00:34:28.000 Oh, hey, uh, hey Ping.

00:34:29.000 How are you?

00:34:31.000 I heard your shoulder not doing good.

00:34:32.000 Oh, no, yeah, the last time we played golf.

00:34:35.000 You know, it's doing better.

00:34:36.000 It's still tweaked.

00:34:36.000 I could send you an acupuncturist that could do a fire cupping for you.

00:34:40.000 Fire?

00:34:41.000 Cupping.

00:34:42.000 Fire cupping.

00:34:43.000 Well, yeah, you know, if you have a guy that'd help, thanks.

00:34:45.000 Anyway, this studio will belong to me now!

00:34:48.000 You will give it to me! 0.99

00:34:49.000 Shut up. 1.00

00:34:54.000 I'll take care of this. 1.00

00:34:56.000 Ni Hao, motherfucker. 1.00

00:35:10.000 Ha ha ha ha ha. 1.00

00:35:16.000 Hey, Tsai.

00:35:18.000 He's a demigod.

00:35:18.000 The bazooka doesn't work.

00:35:19.000 Try the Walter.

00:35:20.000 Oh, right, right, right, right.

00:35:22.000 Okay.

00:35:24.000 All right. 1.00

00:35:31.000 Nǐ hǎo, motherfucker. 1.00

00:35:34.000 again. 1.00

00:35:35.000 Thanks for watching.

00:35:43.000 You're all very welcome.

00:35:44.000 Good stuff, yeah.

00:35:44.000 Nice job, Dave.

00:35:45.000 Appreciate that, Dave.

00:35:46.000 And of course, Walther is the official firearm of the Light of Crowder Studios.

00:35:50.000 We are protected here by Walther and Joe Louis.

00:35:53.000 And I do recommend you guys go check out the PDP.

00:35:55.000 We don't have one here, actually.

00:35:56.000 That was the old PPQ.

00:35:57.000 Yeah, yeah.

00:35:59.000 We might need them to send me like a prop PDP, because it's my carry.

00:36:01.000 Sorry, I went like this and it's gone now.

00:36:04.000 Well, it's not gone, you just can't see it.

00:36:07.000 It's same same, right?

00:36:08.000 I'm a magician like this.

00:36:09.000 David Copperfield, making an old Buick disappear.

00:36:14.000 That's all it takes?

00:36:15.000 Someone let his Vegas budget know.

00:36:18.000 This is one thing, we're really happy for them to be a sponsor.

00:36:20.000 The perfect sponsor for this show is a product that we all use anyway.

00:36:23.000 Then we reached out to them, they saw that we use them and they have the balls to sponsor the show, which many of you may not know, a lot of firearm manufacturers out there don't do that.

00:36:31.000 They actually do work alongside the gun control lobbyists because they want to eliminate competition.

00:36:37.000 So you can visit waltherarms.com, use their dealer locator.

00:36:41.000 All I recommend is, look, try it.

00:36:43.000 If you're looking at purchasing a firearm, just try the Walther PDP.

00:36:45.000 Run a Google, Bing, Ask Jeeves Walther PDP review.

00:36:50.000 See if you find a negative one.

00:36:51.000 These are great.

00:36:52.000 These are very well-kept secrets because they don't have the multi-billion, trillion-dollar advertising budget as some of these other companies.

00:36:58.000 Yeah, absolutely.

00:36:59.000 Now there's a homeless Jeeves with an iPhone like, thank you.

00:37:03.000 Now he's got a flip phone.

00:37:04.000 I got my own phone!

00:37:05.000 I don't know, hold on, I have to type it in my Razor.

00:37:09.000 Oh, I thought I was gonna be something, mom.

00:37:15.000 Okay so while talking about China, and look, let me just be clear about something.

00:37:19.000 People say, what's wrong with hating something?

00:37:22.000 This is when people talk about hate speech.

00:37:23.000 I hate China, not the people, the communist Chinese government that oppresses its people. 0.98

00:37:30.000 So, as a whole, I hate China. 0.98

00:37:33.000 When people use the term hate speech, you're not supposed to hate people as Christians. 0.99

00:37:36.000 You can hate evil and China. 1.00

00:37:39.000 The government of China is evil. 0.99

00:37:42.000 China's impact on the world is largely evil. 1.00

00:37:45.000 So I won't be browbeating and, oh, oh, I don't want to hate speak.

00:37:48.000 Well, they're jailing Muslims and arresting people for having Bibles. 0.99

00:37:51.000 So you know what? 0.96

00:37:52.000 I hate it.

00:37:53.000 You hate, I don't know, child slavery? 0.57

00:37:56.000 Is that something you're not into?

00:37:57.000 That's actually not one of my primary qualms with China.

00:37:59.000 Oh, gotcha.

00:38:01.000 They do make a... I told you to not speak for me anymore.

00:38:04.000 They do make everything John Cena wears.

00:38:07.000 Do you want to pay $200 for Nikes?

00:38:09.000 Do you, Dave?

00:38:11.000 No, you're right.

00:38:12.000 They should only be $3 to make and $400 to buy.

00:38:15.000 Joke's on you.

00:38:16.000 I shop at Payless.

00:38:17.000 $29.99.

00:38:19.000 Ten years ago.

00:38:22.000 I have Nikes.

00:38:23.000 Yes, I bought everything when they went under.

00:38:27.000 Oh, they went under?

00:38:28.000 Yeah.

00:38:28.000 Where am I buying my shoes?

00:38:29.000 I don't know.

00:38:30.000 Oh, geez.

00:38:30.000 Oh, it's Dave's Payless.

00:38:32.000 Oh, that makes sense.

00:38:33.000 I bought an old Payless and didn't change the sign.

00:38:35.000 Right.

00:38:36.000 I don't walk right for a week.

00:38:38.000 Those phones don't make themselves, guys.

00:38:40.000 Alright?

00:38:42.000 So speaking of which, and we talked about this, I think she's a traitor when people talk about the idea of insurrection. 0.91

00:38:47.000 I think this is treason.

00:38:49.000 So remember Eileen Goo?

00:38:51.000 Goo! 1.00

00:38:51.000 Bitch! 1.00

00:38:52.000 Yes, but she's attractive. 1.00

00:38:53.000 So she was an American-born skier.

00:38:55.000 Remember, she decided to ski for China in the Olympics.

00:38:59.000 Unbelievable.

00:39:00.000 Yeah, she was born in the United States, and this is the problem with identity politics, where it's just, no, no, no, it's not about your values, it's not about where you're actually born, it's about, you know, just your race or certain superficial features.

00:39:10.000 We want to categorize you by that.

00:39:11.000 So she decided to race for China as opposed to the United States, and here is what she had to say about that decision back then.

00:39:18.000 Here's a refresher.

00:39:19.000 Born in San Francisco to an American father and a Chinese mother, Aileen announced in 2019 that she would ski for China at the Beijing Games.

00:39:29.000 The opportunity here for the sport to grow and to be one of those idols who have really made me who I am as a skier, I know the impact that they had on me.

00:39:37.000 Yeah, so she decided, she got a contract with Victoria's Secret.

00:39:43.000 Is the Chinese girl behind the white girl we just saw five pictures of?

00:39:50.000 I assume so.

00:39:51.000 Okay, just wanted to make sure.

00:39:53.000 Hiding behind a mogul.

00:39:54.000 Yeah.

00:39:55.000 Skiing on top of a nuclear reactor at the Beijing Games.

00:39:58.000 Look how we just pick the most oppressed part of you and you're that.

00:40:02.000 Yes, exactly.

00:40:03.000 Yeah, that's just, no, okay, well she picked the most oppressed part of her but then decided to say, hey, I want to represent China.

00:40:08.000 Really?

00:40:10.000 Well, here's the thing.

00:40:10.000 She never spoke out against China and their gross abuses of human rights.

00:40:13.000 No, no, no, no.

00:40:14.000 She is hot. 1.00

00:40:15.000 Yes.

00:40:15.000 Now.

00:40:16.000 I mean, I just wanted to throw that in there because it is relevant.

00:40:18.000 I want you to see me as a credible witness.

00:40:22.000 Because if I said she's ugly, then you'd be like, well, they just have to discount everything he says.

00:40:24.000 Well, it's true.

00:40:26.000 It doesn't mean she's smart.

00:40:27.000 No, she's very attractive. 1.00

00:40:29.000 She's probably good at skiing. 0.98

00:40:30.000 Treasonous.

00:40:31.000 Yes.

00:40:32.000 Well, here's the thing.

00:40:32.000 Here's the kicker.

00:40:33.000 Send her to my jail. 1.00

00:40:35.000 She's back in the United States.

00:40:36.000 You're pay less.

00:40:37.000 Yes.

00:40:38.000 Goo, as she's known. 0.98

00:40:39.000 That's her nickname.

00:40:40.000 Goo.

00:40:41.000 That's her last name.

00:40:42.000 She's back in the United States now, and she's decided that she's going to be an ambassador for Salt Lake City's Olympic pit.

00:40:47.000 So now she's American again. 0.95

00:40:50.000 is going for the Winter Olympic Games in Salt Lake City in 2030.

00:40:50.000 The U.S.

00:40:53.000 Try to get that host.

00:40:55.000 If the Olympics are in the U.S.

00:40:57.000 in 2030, any chance you switch to our side?

00:41:00.000 It's funny that you mention that because I am actually an ambassador for the Salt Lake City 2040 bid and I think that that's this beautiful example of globalism and the capacity that we can use skiing and we can use sport and we can use winter sport to connect people.

00:41:20.000 It's about, Salt Lake specifically wants to become a global destination for Now this is all figurative of course.

00:41:26.000 to come train there and they want to incorporate 15 new countries into the

00:41:30.000 Winter Olympics and I think that's something that's really beautiful and I've

00:41:33.000 always stood for that. But we incorporate you into the asphalt.

00:41:36.000 I'm really honored to be a part of the whole thing and we'll see if it goes ahead.

00:41:39.000 Now this is all figurative of course. Yeah.

00:41:43.000 Does she know?

00:41:45.000 Why is she allowed to be an ambassador for the United States for anything? 1.00

00:41:49.000 Think about that for a second.

00:41:51.000 We went from, and by the way, this whole idea that we've always been this incredibly racist nation, even before the Civil Rights Act, think about World War II was about to go into the war front.

00:42:01.000 It was supposed to be the Eastern Front.

00:42:02.000 Joe Louis, the most beloved athlete in all the United States, and he was fighting Max Schmeling, who was basically sort of made a de facto representative of the Nazis.

00:42:10.000 This was a huge fight.

00:42:12.000 I've talked about this before in the past, but for people who don't know, let me give you a little bit of a history lesson.

00:42:17.000 Joe Louis had the biggest fights, the biggest sporting events that had ever taken place was black in the 1930s and the 1940s. 0.96

00:42:24.000 He was beloved by the United States.

00:42:26.000 Doesn't mean that there aren't individual racists.

00:42:28.000 I highly recommend Joe Louis's biography.

00:42:30.000 It's incredibly fascinating.

00:42:31.000 It shows you the kind of racism that he encountered in Detroit.

00:42:34.000 You gave it to me.

00:42:35.000 That's a really good reading.

00:42:36.000 Talked about how he wasn't referred to as the N-word until he moved to Detroit.

00:42:39.000 He also went, was proud to fight for his country, unlike Muhammad Ali, and instead after he

00:42:43.000 won this fight with Max Schmeling, they decided to make him more of an ambassador for morale

00:42:47.000 for the troops, which makes sense. 0.97

00:42:48.000 And then afterwards, it's also a great lesson in how the taxman decides to rape you, because

00:42:52.000 Joe Louis did a bunch of exhibition fights to raise money for, I believe it was the troops

00:42:57.000 for charity, and instead they decided they had to pay taxes on it, so he had to return

00:43:00.000 So, this is what happens with wartime heroes.

00:43:03.000 They're never really appreciated, just like Winston Churchill was ousted within two years because, hey, he fought off the Nazis, he didn't want to support socialized healthcare.

00:43:09.000 But I want to give you this context.

00:43:10.000 Aileen Goo decides to abandon her country, to be a traitor, a treasonous traitor, Then she decides to ski for China, and now she's ambassador for the United States. 0.78

00:43:19.000 Joe Louis, a black American, beloved, was fighting a guy named Max Schmeling, if you don't know this.

00:43:24.000 Let's have them pull this clip for Mug Club later on. 1.00

00:43:27.000 I don't know if they have the first fight, it might have been before we televised.

00:43:29.000 It really is an extraordinary story, what he did.

00:43:31.000 It really is.

00:43:32.000 It really is, yeah.

00:43:33.000 So Joe Louis, undefeated, okay, at this point in his career.

00:43:36.000 He's about to go to Europe, World War II.

00:43:39.000 And he's fighting the only guy to have beaten him, a guy named Max Schmeling.

00:43:43.000 Knocked him out.

00:43:44.000 Joe Louis hadn't lost any other fights except for a guy named Max Schmeling, who is now the representative of the Aryan race. 1.00

00:43:49.000 So people know about Jesse Owens.

00:43:50.000 They don't know about Joe Louis versus Max Schmeling.

00:43:51.000 A lot of people don't, anyways.

00:43:53.000 So, he's about to go into World War II.

00:43:55.000 He's been drafted.

00:43:56.000 Hitler's saying, look, we're going to show our racial superiority with Max Schmeling versus your American—and he didn't say black guy back then.

00:44:03.000 He said American Negro.

00:44:04.000 We're going to show how much better we are.

00:44:06.000 The Americans rallied behind Joe Louis.

00:44:09.000 There was so much pressure on this guy as the representative of his country, the president called him and said, you gotta win this, man.

00:44:15.000 I don't think there's ever been a more consequential moment in sports history.

00:44:19.000 But can you imagine if Joe Louis just said, oh, you know what, I'm going to, instead I'm going to, I'm going to go fight for China.

00:44:27.000 I'm going to go fight for Germany. 0.98

00:44:29.000 And then come back.

00:44:30.000 And then come back.

00:44:31.000 He would have been absolutely excoriated, rejected by the American public.

00:44:37.000 Well, and the argument that she's making is she's like, I wanted to be an idol for young girls over there to be able to... How about being a spokesperson?

00:44:44.000 They don't have young girls.

00:44:45.000 They drown them in bathtubs. 0.97

00:44:46.000 Yes, exactly.

00:44:46.000 Right.

00:44:46.000 For their one China policy that they had.

00:44:48.000 I know they've moved on from that a little bit late.

00:44:50.000 But they wouldn't have even had the chance to ski over there.

00:44:54.000 She was taking advantage of the United States, all of the training facilities, everything, and then she left. 0.99

00:44:58.000 And by the way, if there's skiers in China, they don't get to pick it.

00:45:00.000 It's when they're born.

00:45:01.000 They go, oh, you have good joint structure.

00:45:03.000 You're a gymnast.

00:45:03.000 You work in coal mine.

00:45:05.000 You a skier.

00:45:05.000 You don't have a choice.

00:45:07.000 But even then, a country that was arguably much harder on a race than It wouldn't have crossed Joe Louis's mind.

00:45:15.000 That's the difference.

00:45:16.000 And you're right, it is the most pivotal moment in sports history because it made Hitler go, am I wrong? 0.85

00:45:23.000 Am I wrong? 0.99

00:45:24.000 Am I wrong or is Schmeling just a pussy boy? 0.99

00:45:27.000 Oh, and by the way, you should know, Joe Louis won that fight, knocked out Max Schmeling, I believe, in the first round cold with a strong right hand. 0.98

00:45:36.000 Imagine the pressure.

00:45:38.000 There's no bigger pressure.

00:45:40.000 You're fighting the Nazis with your fists. 0.78

00:45:44.000 It's insane.

00:45:45.000 It's amazing.

00:45:46.000 And now we have someone who wants to ski for China because she can get a Victoria's Secret catalog. 1.00

00:45:50.000 By the way, Chinese women don't need you as an inspiration. 1.00

00:45:54.000 Do you know what their inspiration is to be skiers?

00:45:56.000 Their government kills their family if they don't ski.

00:46:00.000 It's chosen for them. 0.96

00:46:01.000 This is just how tone-deaf and, yes, primarily white Aileen Gu is.

00:46:06.000 You think of in the United States, because women have choices, you want to inspire young women.

00:46:11.000 Not just to make the choice to be a skier, but inspire them, hopefully, to be disciplined, to do the hard work when nobody's paying attention, after the excitement has worn off.

00:46:16.000 You don't need to inspire that in China.

00:46:18.000 They have no choice.

00:46:19.000 They get punished.

00:46:21.000 They get their rights removed from them, and their families are punished if they don't ski for the country.

00:46:26.000 Yeah.

00:46:27.000 It's 99% perspiration, 1% death threats against your family.

00:46:32.000 Yep.

00:46:32.000 Well, those death threats, they carry a lot of weight.

00:46:34.000 The thing that she could have done was inspire people to be free.

00:46:37.000 Yeah.

00:46:37.000 To have a government that allowed them to make these choices in their life.

00:46:41.000 Like you were saying, this is just forced.

00:46:43.000 And I think she's I don't know that I believe this because this is the first time, and we covered this story when it came out, this is the first time that she said this.

00:46:50.000 This is the first time that I've heard her say this.

00:46:52.000 Maybe let me be a little bit more clear that this is what she was wanting to do.

00:46:55.000 We looked at it and it was like she's going to get millions and millions and millions of dollars and China doesn't have dual citizenship.

00:47:01.000 You're either a Chinese citizen or you're not. 0.99

00:47:01.000 No. 0.99

00:47:03.000 Right.

00:47:04.000 I don't know how she's not a Chinese citizen right now.

00:47:06.000 Why is she allowed back? 0.99

00:47:08.000 Why did we accept her?

00:47:09.000 I assume that if she's going to be an ambassador for the Salt Lake, did you say Salt Lake City?

00:47:12.000 Salt Lake City.

00:47:13.000 For the Salt Lake City.

00:47:13.000 For the United States.

00:47:14.000 Why is she allowed to be back? 1.00

00:47:15.000 She would walk in like, oh yeah, oh yeah, let me take you to the, you know, we have a Yen room, Eileen Gu. 0.99

00:47:21.000 It's filled with Yen.

00:47:22.000 She just goes in like, oh no, it's just the Abu Ghraib.

00:47:24.000 As soon as she goes in, a hood and a German shepherd barking at her.

00:47:27.000 We meant Abu Ghraib.

00:47:27.000 Did we say Yen room?

00:47:29.000 We're sorry.

00:47:29.000 Whoops.

00:47:30.000 This is a Wiener Experience weekend.

00:47:32.000 Oh, it's the VHM's DONG room.

00:47:33.000 Yes.

00:47:35.000 Enjoy. 0.75

00:47:35.000 Hope you like torture! 0.75

00:47:36.000 Unbelievable.

00:47:39.000 Instead we accept them back.

00:47:41.000 We accept these people back who rejected their country and then want to come back for the milk and honey that they rejected. 0.99

00:47:46.000 To promote globalism.

00:47:47.000 Yeah, to promote globalism.

00:47:48.000 That's the creepiest part about it.

00:47:50.000 Do you want to know what globalism is?

00:47:52.000 Okay, when she talks about it, and this is a very clear-cut example, right? 1.00

00:47:56.000 So seldom do you have people this blissfully unaware of themselves and stupid. 0.99

00:48:00.000 So she's saying globalism. 1.00

00:48:02.000 She's talking about China.

00:48:03.000 Because she's out for her own self-interest. 0.96

00:48:03.000 It's beautiful. 0.96

00:48:05.000 Globalism is having someone right next to you with festering leprosy sores and saying, yeah, I want to link arms with that.

00:48:14.000 Do you want leprosy?

00:48:16.000 Or do you not?

00:48:17.000 Well, one's globalism, and one says, you know what, we don't want to link arms with countries that don't share our values and kill their own citizens.

00:48:24.000 How can you talk about the United States being flawed, which we are as it relates to human rights or history, and say, I think globalism is a beautiful thing?

00:48:32.000 Are you still bitching about slavery centuries ago here?

00:48:35.000 You know they still have slaves there, right?

00:48:37.000 You know that? 0.99

00:48:38.000 I don't want to hear you bitching about shit that we did 100 years ago or 200 years ago as you profit off of modern indentured servitude. 1.00

00:48:43.000 I'm so tired of this shit. 1.00

00:48:46.000 I hate China, okay? 1.00

00:48:48.000 I hate Sweden. 0.99

00:48:49.000 I hate John Cena. 0.98

00:48:51.000 With a burning passion, now.

00:48:53.000 The character.

00:48:54.000 Right.

00:48:54.000 Figuratively.

00:48:55.000 Literally.

00:48:56.000 But we were curious about what the Chinese thought regarding Aileen Gu, and so we actually did send,

00:48:56.000 Literally, yes.

00:49:01.000 we have more budget here at Ladder with Crowder as you can see by the

00:49:03.000 dynamic outfit, we sent our our Street Beats crew to Xinjiang to find out.

00:49:08.000 Hello.

00:49:15.000 How do you feel about Aileen Gu going to America?

00:49:18.000 What?

00:49:20.000 Yeah, you can just go to America.

00:49:23.000 You can just... I can just leave China and go to America?

00:49:26.000 Is that right?

00:49:29.000 No. 0.98

00:49:30.000 No, Aileen Gu is a white devil, number one traitor in all of China, she is not welcome in Xinjiang, and... and she's really not that hot anyway, so... I don't even care. 1.00

00:49:40.000 I hate her. 1.00

00:49:41.000 I hate her. 1.00

00:49:41.000 later. Finally. 1.00

00:49:44.000 Thank you.

00:49:50.000 No, no, no, no, no!

00:49:52.000 He tried. Yeah. He did. I guess the ginger's a recessive gene even with the Asians. By 0.52

00:50:16.000 the way, share the show right now if you're watching here on YouTube. You can share the...

00:50:20.000 It apparently helps with the YouTube algorithm.

00:50:22.000 They want everyone to go to YouTube.

00:50:24.000 They want more people on site for all of these shows that YouTube, you don't make money off of.

00:50:28.000 And then they ban you.

00:50:29.000 Yes, and they ban us.

00:50:30.000 And you can smash the like button as well, too.

00:50:31.000 All these things just help.

00:50:32.000 And you know what?

00:50:33.000 That's all you gotta do.

00:50:34.000 If you don't join Mug Club, just go click.

00:50:36.000 It doesn't burn that much.

00:50:40.000 We're going to talk about the border crisis.

00:50:41.000 We don't have a lot of time.

00:50:43.000 Let's talk about the housing market.

00:50:46.000 Not just that, but of course that the Fed raised their interest rates, but this of course impacts the housing market.

00:50:51.000 I want to hear from you, what do you expect?

00:50:55.000 You can comment below what you expect to happen here with the housing market.

00:50:57.000 Do you expect a crash?

00:50:59.000 We'll get into why I think there's going to be a correction.

00:51:02.000 It won't be exactly like 2008 because 2008 was unprecedented and what we are dealing with now is unprecedented, but the commonality is they both share government manipulation, artificial either suppression or inflation of markets.

00:51:16.000 The government never gets it right.

00:51:18.000 So, we're going to see this come to a screeching halt.

00:51:21.000 I don't know exactly what it looks like, but you can hold me to this.

00:51:24.000 I said it earlier.

00:51:25.000 If you're looking to buy a house, I'd wait till, you know, late summer.

00:51:30.000 You're going to see a significant change in price.

00:51:32.000 Mid-2050.

00:51:34.000 Yes, mid-2050.

00:51:35.000 Just rent until then.

00:51:37.000 We have a clip that the Fed, of course, if you don't know, they just raise interest rates by, is it 0.75?

00:51:40.000 Yeah.

00:51:40.000 0.75% last night.

00:51:41.000 The current picture is plain to see.

00:51:46.000 Is it?

00:51:46.000 J-PAL.

00:51:46.000 The labor market is extremely tight and inflation is much too high.

00:51:51.000 Against this backdrop, today the Federal Open Market Committee raised its policy interest

00:51:55.000 rate by three quarters of a percentage point and anticipates that ongoing increases in

00:52:01.000 that rate will be appropriate.

00:52:03.000 So that's the biggest rate raised since 1994 and I think it makes the current rate about

00:52:09.000 1.5% and some people are actually projecting a 3% interest rate.

00:52:13.000 Up to, yeah.

00:52:14.000 Yeah, up to a 3% rate.

00:52:15.000 Now just to be clear, I know mortgage rates aren't just, I'm not saying that the Fed rate is a mortgage rate, but this does affect the way banks, the way everybody is able to get loans, so it does affect all of these issues, particularly your relationship with your bank, and of course we've seen mortgage I think the mortgage rates, I know it's above 6.

00:52:30.000 Are we at 7 yet?

00:52:31.000 It's above 6.

00:52:31.000 I mean, this just happened yesterday, so that rate is going to continue to go up.

00:52:35.000 We're probably approaching 7% right now.

00:52:38.000 On Trump, it was around 3?

00:52:39.000 I think we're about 2.5.

00:52:41.000 2.5, yeah.

00:52:41.000 Very low.

00:52:41.000 In that range.

00:52:45.000 Now, keep in mind, though, I will say this.

00:52:46.000 This is unpopular.

00:52:47.000 These interest rates should have been higher on home mortgages for a much longer period.

00:52:51.000 Probably a little bit higher, yeah.

00:52:53.000 Look, artificially keeping these rates low, which is what people got used to, that isn't necessarily a good thing.

00:52:58.000 And the reason that they're raising these rates now is because they say, oh, this is a problem with inflation.

00:53:02.000 Let me explain that briefly.

00:53:03.000 Let me just use the housing market as an example.

00:53:05.000 Of course, this affects a lot of issues, but the housing market is an example.

00:53:08.000 What do you think happens when you keep rates artificially low?

00:53:12.000 You keep them down at 2%, for example.

00:53:14.000 What happens is you have a bunch of people purchasing homes that they can't actually afford.

00:53:18.000 They can't actually live in, right?

00:53:19.000 At that point, it's almost like, well, cash is cheap.

00:53:21.000 I'm going to purchase this home.

00:53:22.000 It's a no-brainer at that point, as opposed to when the rates should be actually reflective of the market, which I think we probably should have been for quite a while, 6%, 7%, assuming you actually get 20% or 30% down.

00:53:33.000 Well, guess what?

00:53:33.000 We wouldn't have the exact same supply issue that we have now.

00:53:36.000 So, it's going to change because I'll get into the supply issues that are taking place and how you're seeing the housing market change, but a lot of people don't understand these rates have been kept artificially low for a significant period of time.

00:53:47.000 Same thing, this is why you were getting, what, if you kept it in savings at the bank and were like, hey, you want to put it in our savings account?

00:53:52.000 Oh, what kind of interest do I get?

00:53:53.000 Well, I don't know.

00:53:54.000 How familiar are you with Pi?

00:53:55.000 It's one-tenth of that.

00:53:57.000 Yeah, exactly.

00:53:58.000 They're like, for every $100,000 you get $3 a year.

00:54:02.000 Is that good?

00:54:03.000 I'm not even kidding.

00:54:03.000 Minus our fees, you owe us $18.

00:54:05.000 The thing I hate about these guys is that they always act like they're the smartest people out there, that they are able to manage the market like nobody else.

00:54:13.000 Their stated goal, and I know we're going to talk about it in a minute, but it's 2% inflation, and we've been well above that for a long time.

00:54:18.000 For him to come out and go, inflation is high, it's like, Yes, it has been for a long time and you've done nothing.

00:54:25.000 You've done absolutely nothing and Congress has done nothing to stop it.

00:54:29.000 You've printed more money.

00:54:31.000 You've kept rates artificially low.

00:54:33.000 You know what happens when college, the rates on tuition are kept low because it's a government-backed program?

00:54:38.000 More people go to college and tuition skyrockets.

00:54:40.000 We know that this happens in every industry that you do it.

00:54:43.000 Why would you expect something different in housing?

00:54:45.000 Right.

00:54:45.000 Which was the last depression-ish moment.

00:54:48.000 I think, in my opinion, this may be worse, because a lot of people have been buying homes where they've way overbid.

00:54:54.000 I mean, we're talking about $50,000, $100,000, waiving all kinds of, what do you call it, the inspections, everything.

00:55:01.000 So now you have that.

00:55:02.000 The housing value has nowhere to go but down.

00:55:05.000 You have to refinance.

00:55:06.000 You can't because of the rate difference.

00:55:10.000 So now you lose your house.

00:55:11.000 Who's there to scoop it up?

00:55:13.000 companies that want to buy it to make it a renter's class.

00:55:15.000 And that's exactly what we're... so this is what's different from 2008.

00:55:18.000 So 2008, the housing market. Look, and this is also what I love.

00:55:21.000 Did you see the big short?

00:55:23.000 Yeah.

00:55:23.000 Yeah, oh yeah.

00:55:24.000 It's a great film.

00:55:24.000 But they also don't tell you a portion of it.

00:55:27.000 And this is why we do the Change My Mind.

00:55:29.000 I hope that this encourages you how to think.

00:55:33.000 Not what to think, but how to think.

00:55:35.000 That's why I make all the references available.

00:55:36.000 Lotofcreditor.com.

00:55:38.000 You can see the link, I think, in the description.

00:55:39.000 I think we're putting it on YouTube.

00:55:41.000 You go to lotofcreditor.com, you'll see references for every single show.

00:55:44.000 In 2008, what we were struggling with, and they didn't tell you about this in the big short, they just go, predatory lending!

00:55:49.000 Right, yeah.

00:55:49.000 Wait, wait, wait, what's predatory?

00:55:51.000 Hold on a second, let's walk through this.

00:55:52.000 How do lenders, banks, how do they make money?

00:55:55.000 By people paying it back.

00:55:56.000 And they pay it back with interest.

00:55:58.000 Okay, that's how they make money.

00:55:59.000 Right.

00:55:59.000 What's predatory lending?

00:56:01.000 You're lending to people who you know can't pay you back. 0.98

00:56:04.000 Well, that's retarded. 0.99

00:56:06.000 That doesn't make any sense. 0.88

00:56:07.000 But they're insured by the government.

00:56:09.000 If people can't pay it back, the government pays it back.

00:56:12.000 Not to mention in the form of bailouts when you're too big to fail, which is exactly what we've deemed Organizations like BlackRock, I think Vanguard as well.

00:56:18.000 So what you had was people saying, oh, the rates are low and I don't have to put any money down because the government said we need equal opportunity in housing.

00:56:26.000 So yeah, I'll get a half a million dollar house, giving you zero down at 2%.

00:56:31.000 Then all of a sudden we hit a recession.

00:56:33.000 These people are living well beyond their means.

00:56:35.000 And there was a record number of defaults, right, foreclosures.

00:56:37.000 That's what happened in 2008.

00:56:40.000 Yeah.

00:56:40.000 A little bit different now.

00:56:41.000 A little bit different now, but it's the same cast of characters, right?

00:56:44.000 The Fed coming in and saying, hey, we're going to help you out.

00:56:46.000 They wrote a book about Alan Greenspan, calling him the maestro, right?

00:56:49.000 And saying, oh man, he was just playing the markets and the economy.

00:56:51.000 He was the guy who led to those policies.

00:56:54.000 He was the guy that led to that kind of lending because of how he handled the rates that led us to 2008.

00:56:59.000 And they're like, oh, well maybe... Barney Frank's underground brothel didn't help. 0.84

00:57:03.000 Well, in 2008, a lot of areas were going for double what they were actually worth, and you're seeing that now.

00:57:11.000 He's getting very close to it.

00:57:12.000 Right.

00:57:13.000 And here's what you're seeing now.

00:57:14.000 You are seeing a record number of people purchase homes.

00:57:18.000 These prices have been going up for a few reasons, okay?

00:57:21.000 You have people who've been paid to not work effectively, right?

00:57:23.000 You have people who've just gone out, the rates have been incredibly low.

00:57:25.000 And yes, you combine that with actual wage growth that we saw under Donald Trump.

00:57:28.000 So you saw actual wage growth, more than ever in modern American history.

00:57:33.000 And unfortunately, Americans don't say, okay, we've seen an average of, I think it was $5,000 in average salary wage growth for the average American.

00:57:40.000 I don't know if that was a median or the mean.

00:57:43.000 We'll get the reference up.

00:57:44.000 I always forget.

00:57:45.000 But it was about $5,000 in three years, whereas Barack Obama, I believe it was $1,000 over

00:57:49.000 the course of eight years.

00:57:50.000 So they see, okay, real wage growth.

00:57:51.000 Now, they don't say, let me be responsible.

00:57:52.000 Let me take that and use that appropriately.

00:57:54.000 Too many Americans say, oh, that allows me to spend like I got a $10,000 or $20,000 increase.

00:58:00.000 They bought homes that they couldn't afford.

00:58:02.000 And now, guess what?

00:58:03.000 We don't really have, despite them saying we have a very powerful, we have the most

00:58:06.000 robust – I love how the Fed and Jean-Pierre didn't actually get their talking points

00:58:12.000 This is the most robust economy and job market ever, and the Fed's like, oh, we have a problem with people in homes, and we have a problem with inflation, we better do something.

00:58:20.000 Well, hold on a second, you guys, hold on, the White House said that inflation was a good thing!

00:58:24.000 So they can't even keep their story straight.

00:58:25.000 But now you have people who are very likely to become unemployed And they're going to have to start selling these homes because they're stretched too thin.

00:58:33.000 Now, let me give you a couple of numbers here that are significant.

00:58:37.000 So the total unsold inventory of new houses, and what that means is how many houses are on the market that haven't been purchased yet, right?

00:58:44.000 Spike. 0.95

00:58:45.000 From March to April, by 447,000 available homes.

00:58:49.000 That's the highest month-to-month jump since May 2008.

00:58:52.000 Yeah, same deal.

00:58:54.000 Oh boy.

00:58:54.000 So March to April, boom!

00:58:56.000 All of a sudden, an explosion. 0.70

00:58:59.000 Like the big, shitty debt bang of homes now available, right? 0.88

00:59:03.000 You were saying everyone's bidding over value? 0.94

00:59:05.000 Oh, big time.

00:59:06.000 That just changed.

00:59:07.000 Not in every municipality, but across the- that is a huge- since May 2008.

00:59:11.000 Now, here's something else that people have tried to present to you.

00:59:13.000 They've tried to say, oh, actually, it's a supply issue.

00:59:16.000 It's a supply issue as it relates to homes.

00:59:18.000 There aren't enough homes for people.

00:59:19.000 Well, that's not true because we actually have a- we have a very high ratio of homes in this country compared to people who live here.

00:59:25.000 Compared to, let's say, the 1950s, compared to, let's say, the 1960s, 70s, 80s, right?

00:59:28.000 I don't know if we're at the record number highest, but certainly close.

00:59:31.000 It's not a supply issue.

00:59:32.000 It's about people being encouraged to overbuy irresponsibly issue, and it's also an issue of BlackRock Vanguard, two big-to-fail organizations, buying up homes left and right.

00:59:43.000 So that is kind of the intangible.

00:59:44.000 Yeah, opulence is a big problem. 0.97

00:59:45.000 Yes.

00:59:46.000 That's kind of the intangible here, just to be clear.

00:59:49.000 We may not see a full correction if BlackRock, these big groups who want you to never own a home ever, just to be clear.

00:59:55.000 They're not looking out for you, just like John Cena's not looking out for you, but what may cause a crash is, let's say you're Vanguard, let's say you're BlackRock, and you see, you know, the stock market doing so poorly, and you go, well, hold on a second, real estate may not be the best investment.

01:00:08.000 They may decide to migrate some of their investments, let's say, into, I don't know, safer, fixed incomes, whatever it could be, municipal bonds, I have no idea.

01:00:15.000 But they might just say, it's time to buy low in the market, as opposed to looking at homes right now, this could be a problem.

01:00:20.000 So if they decide to jump ship, Then you would be looking at a crash that would make 2008 look like child's play.

01:00:26.000 I don't think we'll fully see that, but you will see a correction and people saying, well, I really think I deserve my home.

01:00:33.000 Did you put 20, 30% down?

01:00:35.000 No?

01:00:36.000 Then you don't.

01:00:36.000 Yeah, sometimes it puts you in a really bad position when you just go, oh, I can put 0% down on this thing and I can get in here and I can barely make the payment.

01:00:44.000 But what we really have a problem with right now is the Fed thinking that they are smarter than the market.

01:00:49.000 Right.

01:00:49.000 They are the ones turning the dials in each direction going, oh, I'm correcting here.

01:00:53.000 And it's really the federal government as well, right?

01:00:54.000 So it's not, it doesn't just stop there.

01:00:56.000 It's Joe Biden, it's Treasury, all that stuff yelling.

01:00:58.000 They keep turning the dials and go, oh no, we're correct here.

01:01:01.000 Oh my God, we created a problem over here.

01:01:02.000 We got to correct here.

01:01:02.000 And oh my God, now they're thinking like, well, now we're screwed, right?

01:01:05.000 And so people are wondering, okay, they raise the interest rate.

01:01:08.000 How does that affect me?

01:01:10.000 We're about to tell you how it affects you.

01:01:11.000 It's massive.

01:01:12.000 Well, mathematically, yeah, you put 30% down on something that doubled, now it's worth half, so you've technically put 15% down on the original price.

01:01:20.000 Right. 0.98

01:01:21.000 You're screwed. 1.00

01:01:22.000 Well, actually, I have those. 0.99

01:01:22.000 So let's play this conservatively, actually, to use your point, to use some numbers. 0.99

01:01:26.000 Let's say under Trump, you had a $350,000 home at a 2.5% rate.

01:01:30.000 Your mortgage would have been somewhere around $1,300, $1,400 a month, I think.

01:01:33.000 Oh, that's right, I have it down here.

01:01:34.000 I didn't realize.

01:01:35.000 I should just read.

01:01:37.000 What I wrote.

01:01:39.000 $1,383.

01:01:39.000 $1,383 a month, yeah.

01:01:41.000 $1,383 a month.

01:01:42.000 That exact same home under Biden at a 7% rate, which is about where we are right now, would be $23.29 per month.

01:01:48.000 That's almost a $1,000 per month difference.

01:01:53.000 So you're now buying a lot less house than you could have under Donald Trump.

01:01:56.000 One thing, too, I want to make clear is I think we need to change this language from they're raising the rates to they can no longer afford to artificially keep rates low.

01:02:04.000 Yeah, that's a better way of looking at it.

01:02:07.000 And put inflation on top of that and people are spending $350 to $400 more per month.

01:02:12.000 So, just with inflation and what the Fed is doing right now and the interest rates that you're seeing, each family is spending $1,300 to $1,400 per month more on Joe Biden.

01:02:20.000 With no wage growth.

01:02:25.000 Heading into a recession.

01:02:27.000 Yeah.

01:02:27.000 How does that sound?

01:02:29.000 How does that sound, heading into the midterms, heading into the election in 2024?

01:02:32.000 This guy's been at the wheel when he should have had one of the best economic stories because the country was opening back up, the world was opening back up, he's been at the wheel less than two years, and he's already screwed everything up.

01:02:46.000 This is the worst president, not only in my lifetime, but I ask in his lifetime, too.

01:02:49.000 He said it makes Carter look like Chuck.

01:02:51.000 I was about to say, yeah, Carter's like, oh, thank God for Joe Biden.

01:02:54.000 No, I'm not the worst.

01:02:56.000 I don't think that we're going to have a complete food shortage here in the United States, but I will tell you this, just prepare for certain goods to not be available on the shelves.

01:03:06.000 I think what we'll probably run into is, look, if you're not really scraping by for groceries, if you're, let's say, you're living below your means, you'll probably be fine.

01:03:13.000 But for people who can't afford the increase that's coming, it could be catastrophic, and I think maybe one week you might have a tough time getting beef.

01:03:19.000 The next week you might have a tough time getting chicken.

01:03:21.000 So I'm not saying it's going to look like Soviet Russia, but if you combine the fact that people are spending well over $1,000 more, if you're looking at people trying to get into a home right now at home, and then you look at inflation, which is by their metrics well over 8%.

01:03:36.000 That's a scary thing.

01:03:38.000 That's a scary thing right now.

01:03:39.000 Then you look at supply shortages.

01:03:40.000 You look at gas prices that people are paying.

01:03:42.000 So yeah, we are going to see a recession.

01:03:44.000 We know that.

01:03:45.000 And I try to not be a doomsday theorist.

01:03:46.000 That's why I've always said you should be prepared for the worst case scenario.

01:03:49.000 But it's usually not as bad as a lot of AM radio hosts want to tell you.

01:03:52.000 But I don't want you looking back saying, I couldn't have possibly known that

01:03:56.000 things were going to get a little tight.

01:03:58.000 They're definitely going to get a little tight.

01:03:59.000 Be prepared for it.

01:04:01.000 Be prepared to buy low.

01:04:02.000 More millionaires are made during depressions, recessions, than at any other point in history.

01:04:06.000 So, tighten your belt.

01:04:08.000 Be responsible now.

01:04:09.000 Hopefully you have been responsible up until this point.

01:04:11.000 Not living high on the hog like the rest of these Americans who've overspent and been encouraged to do so by the government.

01:04:17.000 And if you didn't do it, take this as a learning lesson and do it next time.

01:04:20.000 Because the market always ends up correcting itself.

01:04:22.000 Unfortunately, it doesn't correct itself nearly as quickly as it has to when the government decides, no, no, no, wait, hold on a second.

01:04:28.000 That's the market correcting itself?

01:04:29.000 That's not fair. 0.99

01:04:30.000 Black people don't have enough homes. 1.00

01:04:32.000 Fannie Mae, Freddie Mac. 0.99

01:04:33.000 Frank Dodd.

01:04:33.000 Oh, yeah.

01:04:35.000 That's not fair. 0.90

01:04:35.000 We need to make sure that banks start doing more predatory lending, which is a term that only a retarded person could use. 0.90

01:04:42.000 I'm sorry, spaz. 0.65

01:04:45.000 That's so much better.

01:04:46.000 Oh, and by the way, the stock market is below 30,000 right now, down over 700 points.

01:04:50.000 Well, that's cute.

01:04:50.000 So, you know, hey, Joe Biden, they're taking away all those plaques that Donald Trump had for every time he got the stock market up another thousand.

01:04:56.000 They're repoing those right now.

01:04:58.000 Yes, when you want to dig into your retirement to pay off part of your house, you're going to go, it's not there.

01:05:02.000 Right.

01:05:04.000 Again, because this government is so smart.

01:05:07.000 Are you listening?

01:05:08.000 No more plaques. 0.98

01:05:09.000 By the way, Biden, shut your mouth because we can see your plaque.

01:05:11.000 Hey, tomorrow in Grand Junction, Colorado, Dave Landau is going to be there and we'll both be in Colorado Springs this Saturday. 0.54

01:05:18.000 Yeah.

01:05:19.000 I don't know that there are any tickets left for sale online.

01:05:21.000 If there are, there are very few, but we've made some walk-ups available.

01:05:24.000 So if you're in Colorado Springs, get there.

01:05:26.000 Get there in the morning, just to be clear.

01:05:28.000 We're going to go announce the winner of the costume contest.

01:05:31.000 YouTube, you don't like these costumes.

01:05:33.000 And you know what?

01:05:34.000 Look, I don't blame you.

Louder with Crowder - June 16, 2022

China Ready to DEPLOY Troops: Taiwan Prepares for WAR!!! | Louder with Crowder

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