Real Coffee with Scott Adams - April 06, 2025


Episode 2801 CWSA 04⧸06⧸25


Episode Stats

Length

30 minutes

Words per Minute

142.34006

Word Count

4,365

Sentence Count

312

Misogynist Sentences

2

Hate Speech Sentences

20


Summary

A man who thinks we re on the brink of a brave new world, James Carville resurfaces, and the people who cooperate with Trump may be treated the way Nazi collaborators were at the end of World War II.


Transcript

00:00:00.000 Good morning, everybody, and welcome to the highlight of human civilization.
00:00:04.720 Probably the best time you'll ever have, but if you'd like to take this experience up two levels
00:00:08.880 that nobody can even understand with their tiny, shiny human brains, all you need for that is a
00:00:13.520 cup or mug or a glass, a tank of chelsea, and a canteen jug or flask, a vessel of any kind.
00:00:18.660 Fill it with your favorite liquid. I like coffee. And join me now for the unparalleled pleasure,
00:00:24.700 the dopamine hit of the day, the thing that makes everything better. It's called the simultaneous
00:00:28.420 sip, and it happens now. Go.
00:00:36.460 Well, I wonder if there's any new science saying that coffee is good for you. Oh, yes, there is.
00:00:43.540 According to SciPost, coffee is associated with lower risk of depression and anxiety. Do you feel
00:00:51.000 less depressed and less anxious after that sip? You should. You should. You're in good shape now.
00:00:58.420 Well, here's some science that didn't need to happen. According to Gilmore Health News,
00:01:06.460 Gilmore Health News, when people like each other, they respond faster in conversation,
00:01:11.940 according to a study. How many didn't know that? You ever hear a conversation where somebody's like,
00:01:18.240 blah, blah, blah, and then there's a long pause, and somebody's like, blah, blah, blah,
00:01:23.260 and you think, they're not really connecting. But if you see two people who are just practically
00:01:28.860 talking over each other, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah,
00:01:31.860 they almost always like each other, unless they're fighting when they're doing it, I suppose.
00:01:36.940 So yes, you could have just asked me. The faster people respond, the more they like you. True story.
00:01:44.380 Okay. There's a, I don't know if it's a group or the name of the city called Praxis that raised half
00:01:53.540 a billion dollars to build their own cyber city operating independent of any other country.
00:01:59.460 So there's somebody named Dryden Brown, who thinks we're on the precipice of a brave new world.
00:02:09.120 So he's a 29-year-old, and he wants to build a futuristic new city.
00:02:13.580 But the part that I was impressed with is his name. Imagine having a last name, Brown,
00:02:20.840 and your parents name you Dryden. He's actually Dryden Brown.
00:02:26.160 You know who else is Dryden Brown? We'll get to it.
00:02:35.400 But so he's going to build his own little independent city.
00:02:38.920 I don't know where they're going to put it, though.
00:02:42.100 Who would give up their own land so that you could build an independent city on their country?
00:02:48.200 I don't know. You have to find an island or something, I guess.
00:02:50.760 According to the Associated Press, there were some border inspectors on our southern border
00:02:57.720 who were taking bribes to wave traffickers in.
00:03:03.220 How unsurprised are you that some of our border security were taking bribes?
00:03:09.540 Wouldn't it be more surprising if they didn't?
00:03:11.660 That would be the most obvious people you'd ever want to bribe.
00:03:18.520 All right. Well, speaking of Dryden Brown, James Carville has resurfaced.
00:03:24.040 And according to Fox News, he warned on Friday that the people who cooperate with Trump's administration
00:03:32.800 may be treated the way Nazi collaborators were at the end of World War II.
00:03:37.420 Now, what a piece of crap that man is.
00:03:44.280 That's one of the worst things I've ever seen.
00:03:47.120 Because he's doing the making you think past the sale thing.
00:03:51.940 So the sale is that Trump is a Nazi.
00:03:56.680 The thinking past the sale is that how will they be treated if you're supporting a Nazi?
00:04:03.540 That is, first of all, clever persuasion, but it's evil.
00:04:09.400 That is pure evil.
00:04:11.240 And that is a call for violence.
00:04:15.480 How could you say this is anything else but a call to violence?
00:04:18.840 I think you should go to jail if you say stuff like this.
00:04:22.420 Because you're really...
00:04:24.400 Isn't there a law that says if you incite violence in a really direct way,
00:04:29.780 you know, not an indirect way,
00:04:30.940 but if you do it really directly, isn't that illegal?
00:04:36.320 And it seems to me that labeling people in Nazi collaborators
00:04:40.440 and talking about how they would be treated,
00:04:43.920 that seems to be exactly like a crime.
00:04:47.060 But what do I know?
00:04:49.180 Well, if you haven't seen this clip, you ought to watch Sam Harris.
00:04:52.780 He's got a video.
00:04:54.380 At least it's on X.
00:04:55.480 Which he's talking about Joe Rogan.
00:04:59.720 And boy, does he have a problem with Joe Rogan.
00:05:03.560 He thinks that Joe Rogan's a good person,
00:05:06.680 but that he's, quote,
00:05:08.660 way in...
00:05:09.280 He's in way over his head on so many topics.
00:05:12.320 This is according to Sam Harris.
00:05:14.240 And then he slams Dave Smith,
00:05:17.460 who he calls a pure misinformation artist
00:05:19.820 and not an expert on the Middle East.
00:05:24.280 And then he says,
00:05:26.880 Sam Harris says,
00:05:28.000 our society is as politically shattered as it is,
00:05:31.500 in part because of how Joe Rogan has interacted with information.
00:05:36.120 Really?
00:05:36.480 Is the state of modern society in the United States
00:05:41.680 somewhat or even largely because of how Joe Rogan talks to his guests?
00:05:48.420 That feels pretty crazy.
00:05:51.080 But you should see his...
00:05:52.900 You should see Sam Harris's globula.
00:05:56.380 Globula.
00:05:58.140 G-L-A-B-E-L-L-A.
00:06:01.340 That's those little lines between your eyebrows.
00:06:04.720 Oh, my God.
00:06:05.560 You have to see it.
00:06:07.020 He looks so insane.
00:06:10.500 His little eyebrows are, like, so scrunched up.
00:06:13.420 It looks like the, you know, cat's asshole.
00:06:16.180 It just happens to be right in the middle of his face.
00:06:18.360 I've never seen so much scrunched up mental illness looking...
00:06:24.480 It looks like mental illness.
00:06:26.720 But wow.
00:06:28.300 Now, I will agree with one thing.
00:06:32.060 I've said the same thing myself,
00:06:33.760 which is that the podcaster having one guest,
00:06:39.460 and it's not just Joe Rogan.
00:06:41.300 If you only have one guest,
00:06:43.580 you have the documentary effect,
00:06:48.220 which is there's nobody there to say that the guest is wrong.
00:06:50.940 And then you go away thinking,
00:06:53.280 wow, I just listened to three hours of this person talking about,
00:06:56.720 you know, aliens in his backyard.
00:06:58.660 That must be true.
00:06:59.560 So, I do agree that sometimes you need some kind of a comment system or something
00:07:07.860 to kind of fact check the podcast.
00:07:12.480 That would be good.
00:07:14.440 Hollywood actor Terrence Howard is having some fun here.
00:07:20.340 He revealed on the PBD podcast
00:07:23.200 that every celebrity that attended Diddy's parties
00:07:27.560 got sexed up by men,
00:07:32.560 which he calls losing their man card.
00:07:36.160 Now, he even lists the people he says got sexed up by men.
00:07:39.380 He uses the F word, but he said that includes LeBron James,
00:07:45.740 Barack Obama, Jay-Z,
00:07:47.700 and many other prominent Diddy party attendees.
00:07:51.620 Do you believe that?
00:07:53.620 Do you believe that every single famous person
00:07:56.760 that went to a Diddy party
00:07:57.920 bent over and got taken,
00:08:01.200 and then their psychology was destroyed,
00:08:05.060 and they became, I don't know, slaves to Diddy or something?
00:08:07.700 Definitely some of them.
00:08:11.100 But I don't know who tells LeBron James what he has to do.
00:08:17.580 I have a hard time imagining LeBron James,
00:08:20.680 you know, being co-opted.
00:08:23.720 Maybe.
00:08:24.860 Anything's possible,
00:08:25.940 but I'm not going to automatically believe this one.
00:08:28.440 But it's provocative.
00:08:32.560 Well, you might know that Saturday
00:08:34.260 there were these nationwide protests
00:08:36.720 against Trump and against Musk, I guess.
00:08:41.560 And let's see, there were,
00:08:43.660 it was called the Hands Off Rallies,
00:08:45.760 and there were 1,000 cities involved,
00:08:47.840 all 50 states,
00:08:49.420 and nearly 400,000 people signed up to attend.
00:08:52.320 How many of them were organic?
00:08:56.680 None.
00:08:57.720 Did you see the interviews and the video of the people?
00:09:01.120 It looked like they cleaned out the senior centers.
00:09:05.000 It was just a bunch of broken down senior citizens with signs,
00:09:09.740 and they didn't even know why they were there.
00:09:11.660 They didn't even know who they were.
00:09:13.560 I mean, I'm not even sure they knew their own names.
00:09:15.940 Ah, ah, fascism.
00:09:17.860 Um, so that was very non-organic looking,
00:09:23.360 but...
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00:09:40.920 Do you remember the story that Mike Benz found
00:09:44.980 that Norm Eisen,
00:09:47.860 who is one of the lawfare lawyers against Trump,
00:09:51.820 probably the main one,
00:09:53.180 he's probably the most prominent one,
00:09:56.300 that it was revealed that John Roberts,
00:09:59.700 the head of the Supreme Court,
00:10:02.140 had spent a few weeks with him
00:10:03.840 when he was,
00:10:05.480 when Eisen was,
00:10:08.220 he was a diplomat,
00:10:10.180 I guess he was the ambassador to the Czech Republic.
00:10:12.900 And when I heard that,
00:10:14.860 I said,
00:10:15.280 oh my God,
00:10:17.000 if those two guys are spending time together,
00:10:19.680 that's not a comfortable thing to hear.
00:10:22.360 But it's way worse than that,
00:10:23.860 I found out.
00:10:25.320 It turns out that Norm Eisen said
00:10:27.700 that John Roberts was his college friend.
00:10:32.140 So even long before John Roberts
00:10:34.600 was in the Supreme Court,
00:10:36.800 he was tight with Norm Eisen.
00:10:38.780 Now,
00:10:40.540 what would you expect to see
00:10:43.020 if we were involved in a color revolution?
00:10:47.300 Now,
00:10:47.760 if not,
00:10:48.260 everybody knows what that is.
00:10:50.120 A color revolution is how you
00:10:51.960 essentially overthrow a country.
00:10:54.540 And it's the way the United States
00:10:55.940 has overthrown,
00:10:57.400 I don't know,
00:10:57.780 dozens of different countries.
00:10:59.840 So what you do is you,
00:11:02.980 usually they're opposing a populist leader.
00:11:05.520 So that's who gets overthrown,
00:11:07.660 the populace.
00:11:09.060 You create a bunch of fake street protests
00:11:11.840 that are not organic whatsoever.
00:11:15.360 You take control of the courts.
00:11:17.760 So you bribe
00:11:19.040 and otherwise cajole
00:11:20.920 until the judges are going to do what you want.
00:11:24.100 You get control of the prosecutors
00:11:25.880 and the attorney generals
00:11:27.180 because that's who can put people in jail.
00:11:29.380 And then you do a lot of lawfare,
00:11:32.700 a lot of suing and stuff like that.
00:11:36.160 And then you control the media
00:11:38.080 and not just control it.
00:11:40.760 You put a bunch of fake news,
00:11:43.300 you know,
00:11:43.620 rumors into the media
00:11:44.660 so that it all comes together.
00:11:46.720 And then you pretend
00:11:49.040 that it was all organic.
00:11:52.120 Now,
00:11:52.880 so that's what a color revolution looks like.
00:11:55.240 So now we know that Norm Eisen,
00:11:57.660 the primary person
00:11:59.380 who at least Mike Ben says
00:12:00.940 is,
00:12:02.280 was driving a lot of our foreign,
00:12:04.640 or at least some of our
00:12:05.540 foreign color revolutions.
00:12:08.200 And
00:12:08.800 he is good friends with
00:12:11.680 the head of the Supreme Court.
00:12:15.320 Now,
00:12:16.200 have you noticed that John Roberts
00:12:18.420 sometimes disagrees
00:12:20.600 with the so-called conservatives
00:12:22.860 on the court?
00:12:23.560 And he is more likely
00:12:25.820 to disagree
00:12:26.540 than anybody on the court.
00:12:29.380 Who saw that coming?
00:12:31.720 So that's a little sketchy,
00:12:33.320 isn't it?
00:12:34.080 That the guy
00:12:34.660 who is good friends
00:12:35.720 with Norm Eisen
00:12:36.500 is also the guy
00:12:37.540 who doesn't agree
00:12:38.980 with what you would imagine
00:12:40.500 would be his team,
00:12:42.800 the conservatives.
00:12:43.660 I mean,
00:12:43.900 there's no reason
00:12:44.380 he has to vote
00:12:45.060 with the conservatives.
00:12:46.360 But he's broken ranks
00:12:47.840 more than the rest of them.
00:12:49.780 So
00:12:50.120 that's a,
00:12:51.260 that's a tell.
00:12:51.940 And then,
00:12:53.520 of course,
00:12:53.800 Trump is a populist leader.
00:12:56.040 So that's exactly
00:12:56.900 the kind of ones
00:12:57.720 they target.
00:12:59.540 The street protests
00:13:01.100 are massive
00:13:02.420 and completely fake,
00:13:05.580 meaning that
00:13:06.240 they're just paying people
00:13:07.240 and shipping in,
00:13:08.260 you know,
00:13:09.460 old,
00:13:09.760 oldsters
00:13:10.540 and giving them signs.
00:13:11.700 then you've got
00:13:13.640 courts
00:13:14.800 that are sort of
00:13:16.140 out of control.
00:13:17.720 You know,
00:13:18.040 those individual
00:13:19.220 liberal judges
00:13:20.280 that are trying
00:13:21.440 to shut down Trump
00:13:22.560 no matter where
00:13:24.420 the judge is,
00:13:25.920 anywhere in the country.
00:13:27.660 They can just shop
00:13:28.860 for one that will say,
00:13:29.960 yes,
00:13:30.880 Trump must be stopped
00:13:31.940 everywhere in the country.
00:13:33.640 So that sounds sketchy.
00:13:35.900 Then,
00:13:36.520 of course,
00:13:36.880 the control
00:13:37.440 of the prosecutors
00:13:38.460 and the attorney generals.
00:13:39.720 That's what Soros
00:13:40.800 has been doing
00:13:41.360 for years.
00:13:42.720 He's been getting
00:13:43.600 his Soros prosecutors
00:13:45.200 in there
00:13:45.620 so they can
00:13:46.220 put people
00:13:47.340 like Trump
00:13:48.140 in jail,
00:13:48.980 which they tried
00:13:49.720 very hard to do
00:13:50.480 and got pretty close.
00:13:52.200 And then the lawfare,
00:13:53.920 you know,
00:13:54.160 you've seen the lawfare
00:13:55.080 for yourself,
00:13:55.900 so that's real.
00:13:57.140 And then the media control
00:13:58.480 and the fake news,
00:14:00.480 that's what people
00:14:01.580 like Carville
00:14:02.500 are doing.
00:14:02.980 So Carville
00:14:04.440 is now starting
00:14:05.280 the Nazi collaborator
00:14:11.520 frame.
00:14:13.060 These are the worst
00:14:14.280 people in the entire world.
00:14:16.620 These are really bad people.
00:14:19.560 And I don't know
00:14:20.500 if they think
00:14:20.940 they're doing
00:14:21.300 the right thing,
00:14:22.700 but they're definitely
00:14:24.040 not doing the right thing
00:14:25.000 as far as I can tell.
00:14:26.900 So, yeah,
00:14:27.700 we're in the middle
00:14:28.400 of a color revolution
00:14:29.580 that in every way,
00:14:30.920 in every way,
00:14:33.460 checks every box.
00:14:35.260 Do you think
00:14:35.700 any of that's
00:14:36.200 a coincidence?
00:14:38.180 Not a chance.
00:14:40.080 Not a chance.
00:14:41.340 We're in the middle
00:14:42.140 of an overthrow
00:14:43.240 of the country.
00:14:45.120 And I would argue
00:14:47.060 we were in Trump's
00:14:48.140 first term as well,
00:14:50.140 but he came back.
00:14:52.040 Meanwhile,
00:14:52.620 Senator Chuck Grassley
00:14:54.000 is trying to do
00:14:54.680 something about this.
00:14:56.700 These rogue judges
00:14:58.380 who do these
00:14:59.060 nationwide injunctions.
00:15:00.260 I was just talking about.
00:15:02.200 But he's got
00:15:03.820 exactly zero Democrats
00:15:05.280 who agree with him,
00:15:06.100 so I don't think
00:15:06.580 that's going to happen.
00:15:07.980 Republicans like it,
00:15:09.000 of course.
00:15:10.460 But at least
00:15:11.340 it's something.
00:15:12.200 I mean,
00:15:12.960 at least he's taking
00:15:13.800 a run at it.
00:15:14.840 I don't think
00:15:15.280 he has a chance.
00:15:18.180 Mike Netter
00:15:19.220 was posting today.
00:15:22.540 There's a new
00:15:23.260 USC study
00:15:24.520 of California
00:15:25.180 gas prices
00:15:26.120 found that
00:15:27.780 the reason
00:15:28.580 California gas
00:15:30.240 is more expensive
00:15:31.060 and it's about
00:15:32.220 twice as much
00:15:33.100 as the rest
00:15:33.560 of the country.
00:15:34.280 Did you know that?
00:15:35.660 Our gas is roughly
00:15:37.020 twice as much
00:15:38.260 as, let's say,
00:15:39.700 Florida.
00:15:41.280 But the reason is
00:15:42.620 it's all self-inflicted.
00:15:46.000 So that's the
00:15:47.620 result of the study.
00:15:50.960 So it's all
00:15:52.020 because of stuff like,
00:15:53.600 and it's not because
00:15:54.500 of price gouging,
00:15:55.660 which, you know,
00:15:56.580 Newsom wants to believe.
00:15:58.160 It's because
00:15:58.980 of a litany,
00:16:00.540 quote,
00:16:00.940 a litany of
00:16:01.600 regulation taxes,
00:16:02.780 fees,
00:16:03.120 and other costs.
00:16:05.840 So
00:16:06.140 California
00:16:08.020 doing a good job
00:16:08.820 of destroying the state.
00:16:10.700 Let's see,
00:16:11.380 what else are they doing?
00:16:12.120 According to
00:16:13.560 Just the News,
00:16:15.140 there's this
00:16:16.600 gigantic
00:16:17.260 Los Angeles
00:16:18.140 homeless
00:16:19.400 mega-agency,
00:16:20.900 you know,
00:16:21.080 one of these
00:16:21.580 well-funded agencies
00:16:22.700 to help the homeless.
00:16:25.000 And they,
00:16:26.160 you'll be surprised
00:16:26.920 to know
00:16:27.300 that they failed
00:16:28.160 two recent audits
00:16:29.280 in recent months.
00:16:30.540 Huh.
00:16:31.380 And the CEO
00:16:32.520 was found
00:16:34.080 to have,
00:16:34.920 quote,
00:16:35.140 inadvertently
00:16:35.900 signed millions
00:16:37.020 of dollars
00:16:37.520 of contracts
00:16:38.300 to the nonprofit
00:16:39.760 her husband
00:16:40.480 works at.
00:16:42.120 Do you think
00:16:44.240 she inadvertently
00:16:45.460 signed millions
00:16:47.300 of dollars
00:16:47.780 of contracts
00:16:48.540 to the nonprofit
00:16:50.060 that her husband
00:16:50.760 works at?
00:16:52.980 Now,
00:16:53.640 what have we been
00:16:54.420 teaching you
00:16:55.000 ever since we found
00:16:55.980 out about USAID
00:16:57.320 and all the NGOs?
00:16:59.420 This is the way
00:17:00.380 Democrats are robbing
00:17:01.500 the country.
00:17:03.000 They,
00:17:03.460 they give some
00:17:04.560 non-auditable
00:17:05.680 charity,
00:17:06.780 this sounds good
00:17:07.520 on paper,
00:17:08.080 like,
00:17:08.640 oh,
00:17:08.900 we're going to
00:17:09.200 help the homeless.
00:17:09.860 And then they
00:17:11.320 just give it
00:17:11.960 out to
00:17:12.660 sub-organizations
00:17:14.300 that usually
00:17:14.860 have family
00:17:15.740 members or
00:17:16.440 spouses there.
00:17:17.540 And it's just
00:17:18.600 total money laundering.
00:17:20.760 It's just crime.
00:17:22.880 So,
00:17:23.840 I wonder why
00:17:24.440 the homeless
00:17:24.840 problem hasn't
00:17:25.600 gotten any better
00:17:26.280 in California.
00:17:27.160 Well,
00:17:27.400 there you go.
00:17:30.140 According to
00:17:30.880 the Daily Mail,
00:17:32.200 and I'm not
00:17:32.800 believing this,
00:17:33.520 actually,
00:17:33.820 Trump's approval
00:17:35.680 rating rose
00:17:36.680 this week,
00:17:37.700 even in the
00:17:38.300 middle of the
00:17:38.960 tariffs and the
00:17:40.440 trade war,
00:17:41.500 and that it's
00:17:42.380 at the highest
00:17:43.360 it's been.
00:17:44.780 I don't believe
00:17:45.720 that.
00:17:46.160 And I think
00:17:46.520 there was another
00:17:47.040 study somewhere
00:17:47.920 else that said
00:17:48.520 it was down.
00:17:50.280 And I don't
00:17:50.700 believe that one
00:17:51.200 either.
00:17:52.320 I think all the
00:17:53.360 Trump popularity
00:17:54.560 polls are either
00:17:56.580 pro-Trump or
00:17:57.420 anti-Trump,
00:17:58.260 and they might
00:17:59.300 be a little,
00:17:59.760 might be a little
00:18:01.140 rigged at this
00:18:01.820 point.
00:18:02.420 I don't know.
00:18:03.820 But I don't
00:18:05.180 believe that
00:18:05.800 Trump's popularity
00:18:07.020 is at an
00:18:07.540 all-time high
00:18:08.240 in the middle
00:18:09.000 of the tariff
00:18:09.720 thing.
00:18:10.180 That seems
00:18:10.600 pretty unlikely.
00:18:12.860 Apparently,
00:18:13.360 Elon Musk has
00:18:14.320 said that he'd
00:18:15.060 like to see
00:18:15.700 Europe and
00:18:16.680 the U.S.
00:18:17.880 have what he
00:18:18.340 calls a free
00:18:19.120 trade zone,
00:18:19.920 which would
00:18:20.280 be no tariffs
00:18:21.180 at all.
00:18:22.720 And I was
00:18:24.420 a little unclear
00:18:25.120 whether this
00:18:25.960 disagrees with
00:18:27.060 Trump or not,
00:18:28.560 because I think
00:18:29.940 Trump also
00:18:30.560 wanted no
00:18:31.120 tariffs.
00:18:31.580 But is
00:18:33.540 Musk saying
00:18:34.440 anything that
00:18:35.140 Trump would
00:18:35.660 disagree with?
00:18:37.060 Or is he
00:18:38.080 maybe getting
00:18:39.500 ahead of him?
00:18:40.960 You know,
00:18:41.240 because there's
00:18:41.620 some negotiations
00:18:42.440 that haven't
00:18:42.940 happened yet.
00:18:44.080 I don't know.
00:18:44.700 But I guess I
00:18:45.420 agree with
00:18:46.080 Musk that
00:18:47.900 wouldn't it be
00:18:48.360 good just to
00:18:48.860 have a zero
00:18:50.480 tariff zone?
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00:19:53.360 Speaking of
00:19:54.180 tariffs, remember
00:19:55.440 how Israel was
00:19:56.860 so quick to say,
00:19:59.580 hey, we'll drop
00:20:00.240 all of our
00:20:00.720 tariffs?
00:20:02.000 And I found out
00:20:03.500 a little bit more
00:20:04.100 about that.
00:20:06.140 So Israel is so
00:20:07.920 clever.
00:20:08.840 They dropped the
00:20:10.000 tariffs that don't
00:20:10.740 exist.
00:20:11.940 So there basically
00:20:13.100 weren't any tariffs.
00:20:14.840 So they didn't drop
00:20:16.360 anything.
00:20:16.720 But here's why
00:20:20.500 things are expensive
00:20:21.600 in Israel.
00:20:23.200 I see a long
00:20:24.760 thread by Saul
00:20:25.860 Sedka, where he
00:20:27.640 describes it this
00:20:28.480 way.
00:20:29.140 Did you know
00:20:29.940 that the food
00:20:31.660 prices in Israel
00:20:32.800 are about 50%
00:20:34.720 more expensive
00:20:35.560 than, you know,
00:20:36.640 comparable places?
00:20:38.360 50% more.
00:20:40.220 Do you think
00:20:40.660 that's because of
00:20:41.600 tariffs?
00:20:42.620 Nope.
00:20:43.520 Nope.
00:20:43.880 Do you think
00:20:45.160 it's because of
00:20:46.000 trade wars?
00:20:48.400 Nope.
00:20:49.440 Nope.
00:20:50.320 It's because the
00:20:51.600 lobbyists for the
00:20:53.240 domestic food
00:20:54.760 companies have
00:20:56.500 such a control
00:20:57.480 over the
00:20:58.120 government that
00:20:59.680 they just make
00:21:01.380 it illegal.
00:21:02.940 And they've got
00:21:03.580 lots of tricks
00:21:04.220 for doing that.
00:21:05.100 They make it
00:21:05.700 illegal for people
00:21:07.160 to sell stuff
00:21:08.060 from other
00:21:09.420 countries.
00:21:10.480 Now, when I say
00:21:11.620 illegal, I don't
00:21:12.480 mean exactly
00:21:13.800 illegal.
00:21:14.700 But let me
00:21:15.080 give you one
00:21:15.620 example.
00:21:16.820 So one example
00:21:17.600 was there was
00:21:18.600 a ketchup
00:21:20.120 company in
00:21:21.520 Israel who
00:21:23.080 got some
00:21:23.840 kind of a
00:21:24.300 law passed
00:21:25.040 or regulation,
00:21:26.480 I don't know
00:21:26.780 what it was,
00:21:27.520 in Israel that
00:21:29.000 would mean
00:21:29.560 Heinz Ketchup
00:21:30.740 did not qualify
00:21:32.540 as ketchup.
00:21:33.940 So in other
00:21:34.420 words, they got
00:21:34.960 the government
00:21:35.500 to define
00:21:36.600 what ketchup
00:21:38.160 is.
00:21:39.260 And it just
00:21:39.720 happened to be
00:21:40.500 a definition
00:21:41.740 that the local
00:21:42.500 company
00:21:42.980 satisfied.
00:21:45.420 So then
00:21:45.880 Heinz would
00:21:47.360 have to
00:21:47.660 change the
00:21:48.180 name of
00:21:48.580 what they
00:21:48.920 do to
00:21:49.700 tomato
00:21:50.660 seasoning.
00:21:52.960 If you
00:21:53.600 went into
00:21:53.980 the store
00:21:54.400 looking for
00:21:54.900 ketchup,
00:21:55.780 and you
00:21:56.620 saw the
00:21:57.020 Heinz was
00:21:57.640 labeled
00:21:58.020 tomato
00:21:58.900 seasoning,
00:21:59.880 and the
00:22:00.880 local
00:22:01.400 Israeli
00:22:02.020 company was
00:22:02.780 labeled
00:22:03.240 ketchup,
00:22:04.560 and you
00:22:05.060 were looking
00:22:05.440 for ketchup,
00:22:06.540 which one
00:22:07.460 would you
00:22:07.720 buy?
00:22:07.940 So apparently
00:22:09.560 they have
00:22:10.080 an infinite
00:22:11.200 number of
00:22:11.720 those little
00:22:12.180 tricks.
00:22:13.200 So the
00:22:13.640 food industry
00:22:15.780 in Israel
00:22:16.460 is just
00:22:16.920 completely
00:22:17.860 corrupt,
00:22:19.880 maybe as
00:22:20.560 corrupt as
00:22:21.160 let's say
00:22:21.540 our big
00:22:21.900 pharma and
00:22:22.580 the things
00:22:23.980 in it.
00:22:24.280 So it's not
00:22:24.700 like a
00:22:25.000 unique,
00:22:25.360 it's not a
00:22:25.840 unique problem
00:22:26.480 in Israel.
00:22:27.140 But the
00:22:27.880 food companies
00:22:28.580 are just
00:22:28.960 running the
00:22:29.420 show.
00:22:30.140 Now I
00:22:30.700 can tell
00:22:31.000 you from
00:22:31.280 my brief
00:22:31.960 experience
00:22:32.600 in the
00:22:33.120 food industry
00:22:34.140 in the
00:22:34.680 United
00:22:34.940 States,
00:22:35.980 the food
00:22:37.040 industry
00:22:37.400 in the
00:22:37.640 United
00:22:37.840 States
00:22:38.160 is
00:22:38.400 really
00:22:38.860 corrupt.
00:22:40.240 I can't
00:22:41.020 tell you
00:22:41.320 all the
00:22:41.640 things that
00:22:42.100 I learned,
00:22:42.700 but oh
00:22:43.260 my God,
00:22:44.800 it's almost
00:22:45.520 just a
00:22:46.020 criminal
00:22:46.440 organization,
00:22:47.500 the food
00:22:47.880 companies
00:22:48.280 in the
00:22:48.580 U.S.
00:22:49.820 So not
00:22:50.860 too surprised
00:22:51.680 it's like
00:22:52.160 that in
00:22:52.440 Israel.
00:22:53.580 All right,
00:22:54.180 I'm going
00:22:54.440 to make
00:22:54.680 a prediction
00:22:55.200 that you
00:22:56.040 want to
00:22:56.420 hear.
00:22:57.040 You
00:22:57.300 probably
00:22:57.540 already
00:22:57.800 heard that
00:22:58.200 the
00:22:58.380 NASDAQ
00:22:59.120 is down
00:22:59.860 20%.
00:23:00.740 So that
00:23:01.880 would be
00:23:02.500 you know,
00:23:03.380 a big
00:23:04.460 drop.
00:23:06.080 The other
00:23:06.800 exchanges
00:23:07.360 are
00:23:08.660 not down
00:23:10.800 20%,
00:23:11.520 but they
00:23:11.940 might be.
00:23:13.500 Now,
00:23:14.180 here's what
00:23:14.920 I think
00:23:15.240 is going
00:23:15.560 to happen.
00:23:16.380 I'm going
00:23:16.700 to give
00:23:16.920 you the
00:23:17.480 persuasion
00:23:18.480 psychology
00:23:19.460 take on
00:23:20.160 this.
00:23:20.960 This is
00:23:21.380 not
00:23:21.700 investment
00:23:22.340 advice.
00:23:23.860 Whatever
00:23:24.240 you do,
00:23:25.080 do not
00:23:25.600 see this
00:23:26.120 as investment
00:23:26.880 advice,
00:23:27.400 but it
00:23:27.720 is a
00:23:27.980 prediction.
00:23:29.340 And the
00:23:29.660 prediction
00:23:29.980 goes like
00:23:30.540 this.
00:23:32.100 The reason
00:23:32.880 the stock
00:23:33.300 market is
00:23:33.680 down is
00:23:34.420 that so
00:23:34.860 many people
00:23:35.480 don't know
00:23:36.140 what's
00:23:36.340 going to
00:23:36.580 happen.
00:23:37.820 And they're
00:23:38.660 just taking
00:23:39.060 money off
00:23:39.520 the table.
00:23:40.000 They don't
00:23:40.200 want to
00:23:40.440 risk it.
00:23:41.580 But as
00:23:42.680 soon as
00:23:43.020 you know
00:23:44.000 what's
00:23:44.300 happening,
00:23:45.320 things will
00:23:45.940 go up.
00:23:46.980 But here's
00:23:47.520 why 20%
00:23:48.420 is a magic
00:23:49.280 number.
00:23:50.840 In my
00:23:51.620 life,
00:23:52.360 I've seen
00:23:53.300 stock markets
00:23:54.080 go down
00:23:54.580 20%
00:23:55.240 several times,
00:23:57.980 two or
00:23:58.920 three.
00:23:59.140 And so
00:24:01.140 I think
00:24:01.760 in our
00:24:02.160 minds,
00:24:03.060 at least
00:24:03.420 the people
00:24:03.840 who invest,
00:24:05.960 in our
00:24:06.420 minds,
00:24:06.880 we think
00:24:07.220 that a
00:24:07.520 20%
00:24:08.080 drop is
00:24:09.320 sort of
00:24:09.720 as far
00:24:10.100 as it
00:24:10.380 goes.
00:24:11.200 And the
00:24:11.700 reason is
00:24:12.260 that when
00:24:12.540 it goes
00:24:12.820 down 20%,
00:24:13.940 and there's
00:24:15.200 nothing
00:24:15.500 organically
00:24:16.200 broken,
00:24:17.440 it's just
00:24:17.940 uncertainty,
00:24:19.240 that that's
00:24:20.000 when people
00:24:20.520 say,
00:24:21.060 20%,
00:24:21.900 I've seen
00:24:23.060 this before.
00:24:24.240 Whenever it
00:24:24.800 goes down
00:24:25.220 20%,
00:24:26.020 that's pretty
00:24:26.960 close to
00:24:27.500 the bottom.
00:24:28.820 So you're
00:24:29.620 going to
00:24:29.740 see people,
00:24:30.380 I think,
00:24:30.680 piling in
00:24:31.480 when it
00:24:32.680 reaches 20%.
00:24:33.760 So the
00:24:35.900 persuasion
00:24:36.800 tip here is
00:24:37.620 that there's
00:24:38.000 just something
00:24:38.500 about big
00:24:39.020 round numbers
00:24:39.800 that people
00:24:40.720 respond to.
00:24:42.520 We know
00:24:43.240 it's not
00:24:43.560 10% because
00:24:45.100 we blow
00:24:46.540 past 10%
00:24:47.480 more regularly.
00:24:48.940 But at
00:24:49.660 20%,
00:24:50.520 the people
00:24:51.600 who have
00:24:51.860 spent a
00:24:52.200 lot of
00:24:52.420 time
00:24:52.820 investing
00:24:54.000 just start
00:24:55.300 saying to
00:24:55.720 themselves,
00:24:56.320 hmm,
00:24:56.540 if you
00:24:57.900 had bought
00:24:59.120 a stock
00:24:59.720 every time
00:25:01.240 the stock
00:25:01.680 market went
00:25:02.180 down 20%,
00:25:03.200 and let's
00:25:03.780 say you
00:25:04.000 just bought
00:25:04.380 the index,
00:25:05.060 you didn't
00:25:05.280 buy individual
00:25:05.960 stocks,
00:25:06.720 how would
00:25:07.300 you have
00:25:07.520 done?
00:25:08.480 If every
00:25:09.360 time,
00:25:10.300 every time,
00:25:11.520 it went
00:25:11.880 down 20%
00:25:12.920 and you
00:25:14.000 bought stock,
00:25:15.160 how would
00:25:15.500 you have
00:25:15.780 done?
00:25:16.380 And the
00:25:16.660 answer is
00:25:17.080 you would
00:25:17.460 have killed
00:25:17.820 it.
00:25:18.720 You would
00:25:19.040 have actually
00:25:19.520 just killed
00:25:20.140 it.
00:25:21.240 So I
00:25:22.240 bought a
00:25:22.860 stock at
00:25:23.240 the bottom
00:25:23.600 of the
00:25:23.980 pandemic.
00:25:25.480 Same
00:25:25.780 thing.
00:25:26.540 As soon
00:25:27.460 as I
00:25:27.760 see
00:25:27.940 anything
00:25:28.260 around
00:25:28.540 20%,
00:25:29.320 I'm
00:25:29.660 like,
00:25:29.920 oh,
00:25:30.420 20%,
00:25:31.040 that's
00:25:31.360 probably
00:25:31.600 as far
00:25:31.940 as it's
00:25:32.220 going to
00:25:32.420 go.
00:25:33.620 So my
00:25:34.200 prediction
00:25:34.560 is that
00:25:35.240 the other
00:25:35.780 exchanges,
00:25:37.560 the NASDAQ's
00:25:38.480 already there,
00:25:39.360 it might go
00:25:39.800 a little
00:25:40.020 lower,
00:25:40.660 but I
00:25:41.220 think the
00:25:41.520 other ones
00:25:41.980 will flirt
00:25:43.240 with 20%,
00:25:44.280 and that
00:25:46.040 will be
00:25:46.280 the bottom.
00:25:47.540 I think
00:25:48.140 that's what
00:25:48.500 the bottom
00:25:48.820 will be.
00:25:49.760 But don't
00:25:50.540 make any
00:25:51.020 decisions based
00:25:51.980 on that.
00:25:53.940 Now,
00:25:55.280 you know,
00:25:56.080 I'm pro-Trump,
00:25:58.800 and you
00:26:00.680 know that I
00:26:01.360 would like to
00:26:01.820 see him
00:26:02.140 succeed,
00:26:03.400 but he's
00:26:05.240 in a real
00:26:06.040 bind at the
00:26:07.040 moment,
00:26:07.580 like I've
00:26:08.220 never seen
00:26:08.680 in my life.
00:26:09.800 Let me just
00:26:10.440 tell you some
00:26:10.960 of the
00:26:11.200 problems that
00:26:12.060 Trump is
00:26:13.080 going to
00:26:13.280 have between
00:26:13.840 now and
00:26:14.600 the midterms.
00:26:15.980 I think the
00:26:16.860 midterms might
00:26:17.640 get ugly.
00:26:18.120 So,
00:26:19.540 number one,
00:26:20.420 the sale
00:26:20.980 of TikTok
00:26:21.580 looks like
00:26:23.240 China is
00:26:23.740 going to
00:26:24.040 just yank
00:26:25.440 Trump around.
00:26:26.920 So,
00:26:27.700 I don't
00:26:28.180 think he's
00:26:28.580 going to
00:26:28.740 have necessarily
00:26:29.640 success selling
00:26:30.660 TikTok.
00:26:32.320 I don't
00:26:33.240 think China
00:26:35.240 is going to
00:26:35.780 capitulate on
00:26:37.060 trade.
00:26:38.200 I think most
00:26:39.160 of the other
00:26:39.620 countries might,
00:26:41.340 but I think
00:26:41.840 China has a
00:26:42.840 second game.
00:26:44.220 One of them
00:26:44.800 is making
00:26:45.160 money,
00:26:46.000 but I think
00:26:46.880 China would
00:26:47.380 also like to
00:26:48.100 get Trump
00:26:50.080 out of
00:26:50.440 office.
00:26:51.680 So,
00:26:52.220 if they
00:26:52.500 don't
00:26:53.040 cooperate
00:26:53.800 and they
00:26:54.640 just take
00:26:55.180 a hit
00:26:55.540 between
00:26:56.120 now and
00:26:56.540 the midterms,
00:26:58.760 that's going
00:26:59.200 to be pretty
00:26:59.660 devastating for
00:27:00.460 Trump.
00:27:01.540 So,
00:27:02.100 I think that
00:27:02.600 China will
00:27:03.100 not reach
00:27:03.580 an agreement.
00:27:04.500 I think
00:27:04.800 they will
00:27:05.120 not sell
00:27:05.640 TikTok,
00:27:06.340 and the
00:27:06.680 reason will
00:27:07.340 be it's
00:27:07.720 bad for
00:27:08.120 Trump,
00:27:09.040 and they
00:27:09.420 want to
00:27:09.940 take him
00:27:10.260 out.
00:27:11.320 I think
00:27:12.020 that Russia
00:27:12.640 and Ukraine
00:27:13.320 don't really
00:27:14.120 have interest
00:27:14.700 in peace.
00:27:16.340 So,
00:27:16.820 people like
00:27:17.540 me,
00:27:18.100 had been
00:27:18.900 saying for
00:27:19.300 a long
00:27:19.600 time,
00:27:19.880 they both
00:27:20.200 want peace.
00:27:21.160 You know,
00:27:21.400 we just
00:27:21.940 have to
00:27:22.440 come up
00:27:23.720 with a
00:27:23.980 deal that
00:27:24.360 they can
00:27:24.620 say yes
00:27:25.020 to.
00:27:25.600 At the
00:27:26.060 moment,
00:27:26.940 it doesn't
00:27:27.780 look like
00:27:28.380 Putin wants
00:27:29.460 peace,
00:27:30.160 and it
00:27:30.740 doesn't look
00:27:31.220 like Ukraine
00:27:31.820 does.
00:27:32.760 So,
00:27:33.200 I don't
00:27:33.440 think that
00:27:33.920 by the
00:27:34.240 midterms,
00:27:34.760 there's going
00:27:35.020 to be a
00:27:35.340 Ukraine peace
00:27:35.980 deal,
00:27:36.800 and that's
00:27:37.220 going to
00:27:37.460 look ugly.
00:27:39.340 What about
00:27:40.000 Iran?
00:27:41.460 So,
00:27:41.780 Iran has
00:27:42.460 said that
00:27:43.940 if Trump
00:27:44.340 bombs them
00:27:45.080 because of
00:27:45.640 their nuclear
00:27:46.320 program and
00:27:47.260 all their
00:27:47.700 adventurism,
00:27:48.720 that there'll
00:27:49.940 be a major
00:27:50.420 war and
00:27:51.600 we're going
00:27:51.980 to pay
00:27:52.380 for it.
00:27:53.580 I don't
00:27:54.220 know if
00:27:54.540 Trump's
00:27:54.840 going to
00:27:55.100 bomb Iran.
00:27:57.100 Probably
00:27:57.540 not,
00:27:58.680 but he
00:27:59.320 might.
00:28:00.600 But if he
00:28:01.580 bombs Iran,
00:28:02.420 it's not
00:28:02.840 going to
00:28:03.080 solve anything.
00:28:03.780 It'll
00:28:03.920 probably make
00:28:04.360 it worse.
00:28:05.220 And if he
00:28:05.960 doesn't bomb
00:28:06.620 Iran,
00:28:07.820 it will just
00:28:08.400 get worse.
00:28:09.860 So,
00:28:10.120 there are
00:28:10.480 two things
00:28:11.080 that Iran
00:28:11.580 could do
00:28:12.000 to Trump,
00:28:12.540 and they
00:28:12.820 both are
00:28:13.260 getting worse.
00:28:14.880 So,
00:28:15.360 that's not
00:28:15.760 going to
00:28:15.940 look good.
00:28:17.160 And then,
00:28:17.940 because the
00:28:18.880 tariffs take
00:28:19.840 a while to
00:28:20.620 work,
00:28:22.380 I think
00:28:23.580 the bad
00:28:24.000 guys,
00:28:24.480 the Democrats,
00:28:25.360 will be able
00:28:26.040 to tell the
00:28:26.600 story that,
00:28:27.800 you know,
00:28:28.240 those tariffs
00:28:28.940 didn't work
00:28:29.640 because the
00:28:30.660 economy has
00:28:31.360 not zoomed
00:28:31.900 back yet.
00:28:32.900 And that's
00:28:33.460 going to be
00:28:33.740 really close
00:28:34.300 to the
00:28:34.600 midterms.
00:28:36.120 So,
00:28:36.660 the midterms,
00:28:37.980 Trump's going
00:28:38.460 to go in
00:28:38.800 there with
00:28:39.180 no sale
00:28:39.700 of TikTok,
00:28:40.500 no China
00:28:41.000 deal,
00:28:41.440 no Ukraine-Russia
00:28:42.300 deal,
00:28:42.720 no Iran
00:28:43.280 deal,
00:28:44.560 and tariffs
00:28:45.520 that the
00:28:46.420 other side
00:28:46.960 say didn't
00:28:47.460 work.
00:28:49.040 I don't
00:28:49.820 know how
00:28:50.260 you do
00:28:51.100 well in
00:28:51.600 that situation,
00:28:52.840 and that
00:28:54.420 would mean
00:28:54.820 that the
00:28:55.500 Congress
00:28:56.320 would be
00:28:57.000 no longer
00:28:57.960 controlled
00:28:59.680 by Republicans.
00:29:01.280 Now,
00:29:01.740 am I wrong?
00:29:03.600 Am I being
00:29:04.500 too negative?
00:29:05.480 Because remember,
00:29:06.620 I'm pro-Trump.
00:29:08.120 I want to
00:29:08.320 solve all
00:29:09.480 these things.
00:29:10.940 And at
00:29:11.260 one point,
00:29:11.760 I thought
00:29:12.080 he could.
00:29:13.060 But I
00:29:13.480 don't think
00:29:13.840 he can do
00:29:14.180 it before
00:29:14.500 the midterms.
00:29:16.440 So,
00:29:16.960 in the
00:29:17.400 long,
00:29:17.700 long run,
00:29:18.380 maybe by
00:29:19.320 the fourth
00:29:19.780 year of
00:29:20.180 his term,
00:29:21.380 he could
00:29:21.900 have it
00:29:22.240 all wrapped
00:29:22.640 up.
00:29:23.080 It's
00:29:23.260 possible.
00:29:24.740 But midterms
00:29:26.340 are going to
00:29:26.600 be ugly.
00:29:27.720 So,
00:29:27.960 get ready
00:29:28.260 for that.
00:29:29.720 Here's
00:29:30.060 something I
00:29:30.440 didn't
00:29:30.600 expect.
00:29:31.980 UK Prime
00:29:32.800 Minister
00:29:33.220 Starmer,
00:29:35.140 he's going
00:29:37.820 to announce
00:29:38.200 on Monday
00:29:38.760 that
00:29:39.640 globalization
00:29:40.300 has failed
00:29:41.380 in his
00:29:42.060 current
00:29:42.380 form,
00:29:43.280 and that
00:29:44.400 he's going
00:29:44.820 to do
00:29:45.080 more things
00:29:45.740 that are
00:29:46.800 basically
00:29:48.360 UK first.
00:29:50.520 So,
00:29:50.860 Starmer is
00:29:51.540 becoming a
00:29:52.540 junior
00:29:53.020 Trump.
00:29:54.980 He's going
00:29:55.720 to reject
00:29:56.240 globalism,
00:29:57.480 and he's
00:29:58.160 going to
00:29:58.420 embrace doing
00:29:59.160 what's good
00:29:59.600 for the
00:29:59.940 UK.
00:30:02.060 I did
00:30:02.700 not see
00:30:03.060 that coming.
00:30:04.240 Did not
00:30:04.700 see that
00:30:05.100 coming.
00:30:07.660 But that's
00:30:08.320 what's
00:30:08.540 happening.
00:30:09.520 All right,
00:30:09.800 ladies and
00:30:10.220 gentlemen,
00:30:10.640 I'm feeling
00:30:11.180 terrible today,
00:30:12.280 so I'm
00:30:12.820 going to
00:30:12.960 make this
00:30:13.340 very short
00:30:13.920 and let
00:30:17.100 you come
00:30:17.340 back to
00:30:17.640 your Sunday.
00:30:19.280 So,
00:30:20.720 how short
00:30:21.140 was it?
00:30:21.760 That's pretty
00:30:22.200 short.
00:30:22.960 Half an
00:30:23.420 hour.
00:30:24.980 I'm going
00:30:25.500 to say a
00:30:25.860 few words
00:30:26.260 to the
00:30:26.780 locals
00:30:27.420 people,
00:30:28.200 but the
00:30:28.460 rest of
00:30:28.800 you,
00:30:29.040 have a
00:30:30.040 terrific
00:30:30.440 day.
00:30:31.460 News is
00:30:32.060 kind of
00:30:32.800 not that
00:30:33.160 interesting
00:30:33.560 today,
00:30:34.020 anyway.
00:30:35.100 And I'll
00:30:37.320 see you
00:30:37.560 tomorrow,
00:30:38.300 same time,
00:30:39.320 same place.