TRIGGERnometry - The Technology War You Don’t Know About - Declan Ganley

00:00:00.000 The archeries of the Internet, of the global communication system, are subsea cables.

00:00:08.000 There are approximately 500 subsea cables on the whole planet, which for about 60 million bucks you could take out.

00:00:18.000 I am building the Outernet, which is the world's first completely self-contained global communications network.

00:00:25.000 In the fight that I'm in with the Chinese, we have been subjected to 157 losses.

00:00:33.040 This tactic of using the laws of Western countries against them, it is a legitimate method of warfare, and it's in their published military doctrine.

00:00:46.940 They are preparing for a major event.

00:00:50.680 God willing, it will never happen.

00:00:52.320 What do you mean by a major event?

00:00:54.000 A war.

00:00:56.380 Relax, relax.

00:00:58.200 This isn't an ad.

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00:02:03.780 Recklen Gangler, welcome to Trigonometry.

00:02:05.900 Thank you for having me.

00:02:06.860 Great to have you.

00:02:07.800 We met in D.C.

00:02:09.240 We're a private event.

00:02:10.500 I didn't know who you were.

00:02:11.520 But this guy came on stage, stood up, gave a 10-minute speech.

00:02:13.980 I know a thing or two about speeches, if I do say so myself.

00:02:17.220 You just blew the roof off the whole place.

00:02:19.240 You talked about your business that you're working on, dealing with the Chinese Communist 1.00

00:02:23.100 Party and all of that.

00:02:24.340 But actually, your story is even more rich than that.

00:02:26.760 So just tell us, who are you, how are you, where you are, why are you here?

00:02:30.580 I'm an entrepreneur.

00:02:32.080 I'm Irish, plastic paddy, born in Watford, north of London in 1968.

00:02:38.660 I grew up there until I was almost 13 years of age.

00:02:41.520 Moved back home to Ireland with my parents.

00:02:44.360 They're both from the west of Ireland.

00:02:45.840 I'm a Catholic.

00:02:47.420 I'm married to a girl from Staten Island, New York, who's Italian-American.

00:02:51.840 We met here in London in February 1993.

00:02:57.100 I proposed to her three weeks later.

00:02:59.220 We've been married for 32 years.

00:03:01.220 I have four adult children, one of whom lives here in London, three of whom live in the United

00:03:07.080 States at the moment.

00:03:08.600 And I am building the Outernet, which is the world's first completely self-contained global

00:03:15.660 communications network.

00:03:16.740 It's a laser mesh network of what will become 600 satellites orbiting the planet in polar

00:03:23.300 orbits to provide cyber-secure communications to those that need it, amongst other things.

00:03:30.140 Well, you've also had a political journey as well, particularly in Ireland.

00:03:33.220 Very much so.

00:03:33.800 Back in 2003, 2004, I thought that there was a great opportunity to do a roll-up of the

00:03:49.960 power generation industry in Europe.

00:03:52.920 And it's a long story.

00:03:55.380 So I'll fast forward to it led me to read the draft European constitution, which was being

00:04:01.220 drawn up at the time, because I thought, while there isn't really a single market now for

00:04:05.500 these kind of things, there will be.

00:04:07.140 And I want to see the roadmap in the draft European constitution so I can factor that

00:04:11.360 into how I do the roll-up of the power industry.

00:04:14.320 So I start reading this thing as a very enthusiastic, unquestioning, then enthusiastic European federalist.

00:04:25.040 And as I read this thing, I realize I'm reading something that's much more like the Communist

00:04:30.060 Manifesto than it is, than I would like it to be.

00:04:35.300 And I ended up contacting people that were on the Presidium drafting the constitution to

00:04:42.440 say, is it just me or is there something wrong with this?

00:04:46.880 And two of them told me, no, there is something really wrong and gave me the background on what

00:04:53.100 was happening in the Presidium that was drafting the constitution.

00:04:56.060 So that constitution faced votes in the Netherlands and France at the time, and it was voted down.

00:05:09.500 And so it was not an issue anymore.

00:05:12.660 And then I found out that Frankenstein's monster was being dug up again and renamed and relabeled

00:05:20.880 the Lisbon Treaty.

00:05:22.320 So I read the Lisbon Treaty, which was exactly the same as the European constitution, same

00:05:27.580 problems.

00:05:28.560 And I approached the then, the party that I was, had the closest affiliation with in Ireland,

00:05:35.900 which was the Fianna Fáil party.

00:05:37.020 And I said, look, guys, there's a real problem here.

00:05:40.220 We need to stop this. 0.96

00:05:41.280 And they were very interested and listened carefully and then said, well, don't be silly. 0.88

00:05:46.740 Of course, we can't stop it.

00:05:48.280 I said, yeah, but this is going to be really bad for Europe.

00:05:51.500 It's going to be really bad for Ireland.

00:05:53.820 It lays a foundation that is flawed.

00:05:57.600 This will be the biblical house built on sand. 0.97

00:06:01.020 And if we actually want Europe to work, this is not the way to do it.

00:06:04.660 This doesn't form a Europe that coincides with Irish values, Irish traditions, and the things

00:06:16.020 that we hold dear.

00:06:17.060 And I believe the same would apply for people right across Europe, be they in Latvia or

00:06:23.080 wherever else.

00:06:25.040 They said they wouldn't fight it.

00:06:26.340 I said, well, then I'm going to have to fight it because I realized that Ireland would be 1.00

00:06:29.840 the only country, because of a constitutional requirement, that would have to have a referendum

00:06:34.560 on the relabeled European constitution, which was the Lisbon Treaty.

00:06:40.460 So I ended up leading a campaign to vote down the Lisbon Treaty in the Irish referendum of

00:06:48.060 2008, because if Ireland voted it down, the whole thing would have to be renegotiated,

00:06:53.580 relooked at.

00:06:54.720 And I thought, OK, this is a way to force the issue.

00:06:58.320 Ireland becomes the pass of thermopoli for this issue.

00:07:01.540 And, OK, if I sort of do the Leonidas and get my head chopped off or whatever, it's worth

00:07:06.780 the sacrifice.

00:07:07.440 But we need to form a phalanx.

00:07:10.040 We need to stop this.

00:07:12.040 We need to force a reconsideration of the foundational formula for the future of Europe.

00:07:19.380 Well, we won.

00:07:24.940 And then they decided, well, we're just going to make you vote again.

00:07:29.660 So it was like, oh, OK, that's how it works.

00:07:33.540 So that was my introduction to politics.

00:07:36.080 I ran for the European Parliament in 2009.

00:07:39.320 I came.

00:07:40.200 I was about 10,000 votes short of winning the seat.

00:07:42.860 So I got 67,000 first preference votes in our system in Ireland.

00:07:46.880 And I would say that was a blessing that I didn't get elected, because I would have been

00:07:52.140 in the European Parliament from that time forward, at least for one term and probably for more.

00:07:58.460 And instead, I was able to continue to focus on my business.

00:08:03.400 And because I've been able to focus on my business, the outer net became a possibility.

00:08:08.620 It was something that I embraced and really, really have thrown myself out to get it done.

00:08:13.940 And I, of course, everybody, every entrepreneur believes that what they're doing is important.

00:08:19.180 And you, you know, mission comes before money.

00:08:22.200 I think for successful entrepreneurs, mission comes before money.

00:08:26.300 And so I'm very passionate about the outer net mission.

00:08:29.480 And that's something that I couldn't have been, I couldn't even have begun had I been elected to politics at that moment.

00:08:36.360 That said, I did weigh in heavily on another referendum, which was to do with the so-called fiscal treaty,

00:08:48.720 which were the terms that we would sign up for, for the European Fiscal Pact,

00:08:53.760 which came about because of the knock-on consequences of the bailouts of the banks,

00:09:01.320 which was something that I vociferously opposed at the time.

00:09:05.200 I was ardently opposed to the bailouts.

00:09:09.380 I felt very strongly and said so publicly.

00:09:13.720 I've been on Twitter since 2009 and really actively since 2012.

00:09:20.740 I remember being interviewed by Faisal Islam.

00:09:23.620 He was a reporter, I think, for Sky News at the time, outside government buildings in Ireland on the night of the bailout,

00:09:30.180 when Ireland did the bank guarantees, and I was saying, we must not do this.

00:09:36.060 These are not our losses.

00:09:38.260 This is socializing private losses after they have failed.

00:09:42.560 This isn't passing the buck.

00:09:44.320 This is passing the burning, on-fire, melted thing into the hands of people that had no involvement whatsoever

00:09:52.740 in taking on those risks.

00:09:55.360 The downstream consequences of this is, I think, if you look at Draghi's report,

00:10:01.920 Mario Draghi's report that he sent into the European Commission about a year ago now,

00:10:06.380 if you want to look at reasons for the lethargic growth in Europe,

00:10:10.540 you will find many of the routes, not all of them, but many of the routes in the bailouts of the banks,

00:10:18.180 because it was like the Soviet re-engineering of the river system that dried up the Aral Sea.

00:10:24.500 We redirected flows of fiscal flows.

00:10:28.020 We incentivized money to go to all the wrong places,

00:10:30.600 where you then have this absurdity of capital being provided at negative interest rates,

00:10:40.500 meaning you get paid to borrow the money.

00:10:43.240 Would you sign up for that deal?

00:10:44.720 You get paid to borrow hundreds of millions, billions,

00:10:49.080 given to companies that were the biggest dinosaurs in Europe,

00:10:53.280 but they had the balance sheets that could support the literally, not just free money,

00:10:59.080 free money plus bonuses.

00:11:01.560 Meanwhile, that capital would have flown otherwise to where growth is,

00:11:07.180 which comes from entrepreneurs, from risk takers,

00:11:11.400 and you had this perversion of a complete reversal of the risk equation,

00:11:17.720 where chronic risk aversion got rewarded and taking risk got punished.

00:11:25.960 So it's a very long answer to your question, but...

00:11:28.820 But a very good one.

00:11:29.700 We'll maybe talk about Irish politics, especially in a bit,

00:11:33.020 but talk to us about the alternate,

00:11:35.100 because this is part of the thing that this is what you're working on.

00:11:38.960 Nobody knows anything about this, first of all, so you should explain what it is.

00:11:42.540 And also, in doing this, you've discovered quite a lot about the nefarious activities

00:11:49.080 of the Chinese Communist Party in particular,

00:11:51.000 and this was one of the interesting aspects to the story as well.

00:11:53.320 So talk to us about that.

00:11:54.120 I have.

00:11:54.820 So the alternate is...

00:11:57.660 It's not just a...

00:12:00.060 It's called the alternate because it's not the internet.

00:12:02.960 So at the moment, every global communication system,

00:12:07.800 data communication system, is really a patchwork quilt

00:12:11.740 of different people's networks stitched together

00:12:14.780 with protocols, different owners, et cetera, et cetera.

00:12:18.720 And it works very well.

00:12:21.100 It's also extremely vulnerable.

00:12:24.100 So the archeries of the internet, of the global communication system,

00:12:28.780 are subsea cables.

00:12:30.300 There are approximately 500 subsea cables on the whole planet.

00:12:36.900 That's it.

00:12:37.800 And some of them are getting cut every now and again,

00:12:40.400 from what I've seen, just to emphasize your point.

00:12:42.380 Very much so.

00:12:44.880 So if we double the number of subsea cables,

00:12:47.760 we'll have 1,000 subsea cables.

00:12:50.980 These archeries are highly vulnerable.

00:12:53.060 And without mapping out how I would do it,

00:12:56.300 you would not even need to be a state actor to take out the internet.

00:13:00.940 I know that a non-state actor could do this for about 60 million bucks.

00:13:10.040 And they wouldn't need a computer.

00:13:14.260 They wouldn't need a phone.

00:13:16.220 They wouldn't need internet access.

00:13:18.060 They just need cash and airplane tickets.

00:13:21.400 That, I can't say that will happen.

00:13:26.880 But I will be very surprised if it doesn't happen at some point.

00:13:31.040 And certainly, any state actor is capable of pulling this off.

00:13:37.400 You wouldn't have to be a rich country to do this.

00:13:40.280 Now, there are reasons why states wouldn't do this.

00:13:42.640 But if you are a power that has your own completely self-contained internet

00:13:50.160 that doesn't touch anybody else's internet,

00:13:52.580 if you have complete control of your own information systems

00:13:56.620 and you are a continental power,

00:13:58.400 you don't really need to be able to have real-time communications

00:14:02.060 outside of your own area of immediate control.

00:14:06.580 If you have stockpiled materials, steel, rare earth metals, electronic chips,

00:14:16.500 so on and so forth,

00:14:18.180 if you have the power to wage kinetic warfare,

00:14:23.500 then of course you're going to cut all the subsidy cables

00:14:27.300 because everybody else is dependent upon all of the supply chains

00:14:31.720 and everything that is attached to and downstream of the internet,

00:14:35.480 which is most things in your life right now,

00:14:38.720 be it your credit card, this show, your groceries,

00:14:44.300 the logistics supply chains that supply your groceries,

00:14:47.080 the way that all of those payments are made,

00:14:49.400 everything, all of it is dependent upon 500 subsidy cables,

00:14:57.460 which for about 60 million bucks you could take out.

00:15:01.200 And by the way, when they get cut,

00:15:04.580 there are only so many ships in the world that are capable of doing these repairs.

00:15:09.820 The list of guys that do subsea cable repairs is very short.

00:15:17.680 It's not a big list.

00:15:19.620 You can be sure anybody that wants to do this has got the list

00:15:22.700 and knows exactly who they are, where they live,

00:15:25.580 where the ships are, the handful of them that are involved.

00:15:28.560 And if you cut those cables in more than one place,

00:15:31.940 the ocean currents will take care of the rest.

00:15:34.220 You'll be looking for it for months.

00:15:37.380 So you have to lay new cables if you've got ships that are operating to do it.

00:15:41.980 So you could be in a situation with a severance of subsea cables

00:15:45.440 where it won't be days that it will be out.

00:15:49.700 It will be at least months and it could be a year or two.

00:15:54.100 Well, a lot of things can happen in that kind of space of time.

00:15:56.680 Can you imagine the chaos that would ensue?

00:16:00.360 This would make 9-11 look like a picnic compared to something on this scale.

00:16:05.400 I don't want to scare monger, but the possibility of this happening is high. 0.93

00:16:12.800 It's very, very high.

00:16:13.840 So as I looked at this, I've been focused on the area of being able to prioritize emergency communications,

00:16:27.560 something that I really worked on following our experiences in Hurricane Katrina.

00:16:32.440 I did a deployment in Hurricane Katrina in 2005, so 20 years ago, actually, like this week.

00:16:40.660 I was in Camp Shelby, Mississippi.

00:16:43.200 I was in New Orleans.

00:16:44.560 I was in Baton Rouge, Louisiana 20 years ago this week,

00:16:49.120 leading the restoration of communications for Louisiana State Police,

00:16:54.800 Louisiana National Guard, First Marines, 82nd Airborne, Coast Guard,

00:16:59.520 and other agencies that were responding.

00:17:01.740 We got a medal for it.

00:17:03.300 We got paid for it.

00:17:04.780 We ended up providing these systems to 33 states.

00:17:08.660 But one of the things that we learned that we had to do

00:17:11.780 was prioritize radio resources for the most needy, urgent communications.

00:17:19.860 And we invented and patented technologies to do that.

00:17:23.840 And then move on 18, 19 years down the road from Katrina,

00:17:30.240 and you're in a situation where you realize that you need a global communication system

00:17:35.600 that is not dependent upon the internet,

00:17:38.180 and that will survive the event that I've just described.

00:17:41.120 And so, as it would happen, a brilliant team of German engineers

00:17:46.920 had done a lot of work to develop the technology

00:17:50.640 to put a space-based outernet in place using polar orbits.

00:17:58.140 So you go from the North Pole to the South Pole.

00:18:00.600 You have 25 satellites in each ring that goes around the planet.

00:18:05.180 Each satellite's got four lasers on it,

00:18:07.440 so linking to satellites in an adjacent ring.

00:18:11.480 You put 24 rings around the planet.

00:18:14.860 Imagine going from the North Pole to the South Pole.

00:18:17.040 The satellites are flying like this, about 20,000, 25,000 miles an hour all the time.

00:18:21.320 You put them at 1,050 kilometers,

00:18:23.760 so you don't need thousands and thousands of them.

00:18:25.660 You just need a few hundred.

00:18:27.220 Thousands and thousands of satellites isn't good

00:18:29.240 because you have to launch them.

00:18:32.000 And that's expensive, even though the costs are coming down.

00:18:35.260 And the other reason is it isn't good is you want to be not too close to the planet

00:18:39.960 because once you put lasers connecting the satellites,

00:18:43.440 you want to have a bit more altitude so your horizon is greater.

00:18:48.780 So what you end up with,

00:18:51.500 imagine like a fishing net cast around the whole planet

00:18:54.360 that's going like this all of the time,

00:18:57.520 and that mesh of lasers ends up being the fastest way to communicate in the world

00:19:04.320 because light through a fiber is slower than light through a laser in the near vacuum of space.

00:19:13.940 We then secured the licenses from the ITU, which is part of the UN,

00:19:19.400 first in Liechtenstein and then in Germany.

00:19:25.600 The German license is called Altenet One.

00:19:28.020 But what had happened is the Chinese had spotted what the Germans had done,

00:19:33.420 and they had done a hostile takeover,

00:19:39.220 breaking all sorts of rules of this German company.

00:19:42.860 And I ended up doing a counter-hostile takeover,

00:19:48.080 fired the Chinese directors,

00:19:50.500 we saved the project.

00:19:53.700 The Chinese had already launched two satellites

00:19:56.160 without consulting with the Germans, 0.86

00:20:00.860 without notification being done the proper way.

00:20:04.000 And clearly what was underway was a mission to mirror

00:20:11.600 and then move the whole thing to China.

00:20:15.360 And when one looked at the background to what was going on,

00:20:21.620 for example, there had been in the months prior a hypersonic missile test,

00:20:28.940 this is public, that the Chinese did, 0.92

00:20:31.300 where they flew a missile around the planet,

00:20:34.800 a hypersonic missile around the planet.

00:20:36.600 And then there were two papers published on this

00:20:40.140 confirming that they used the Ka band,

00:20:43.140 which is the band for these satellite frequencies,

00:20:46.580 to communicate with the missile.

00:20:48.660 And the prophecies of the Ka band, 0.94

00:20:50.960 the wavelength apparently being that it can penetrate

00:20:53.300 the plasma layer that develops around the missile

00:20:56.100 when it's flying at that speed.

00:20:57.360 So one doesn't need to have too wild of an imagination

00:21:02.220 to understand how important the world's lowest latency,

00:21:07.920 fastest, and most secure communications network,

00:21:11.860 the kind of advantages that it would provide,

00:21:14.340 whether you are a high-frequency trading platform

00:21:16.560 or you are a government that wants to be able to communicate

00:21:21.040 with things going very, very fast around the planet

00:21:23.260 and be able to do so from a laptop anywhere in the world

00:21:27.860 without having to have ground relay stations

00:21:30.960 placed in Chile or Argentina or on a ship in the Pacific

00:21:34.820 or the Indian Ocean or the Atlantic or whatever,

00:21:36.760 which is traditionally how you do this.

00:21:38.600 Why do I say that?

00:21:40.000 Because every satellite system that you've heard of

00:21:43.000 right now is anchored to the internet.

00:21:46.340 They all use gateways, meaning when you communicate

00:21:51.100 with a satellite, you go from, say, your Starlink terminal,

00:21:53.580 you go from your Starlink terminal up to the Starlink satellite,

00:21:57.120 and the Starlink satellite looks for a ground gateway.

00:22:00.360 It sends your signal back to the ground gateway.

00:22:03.740 And then once you're at the ground gateway,

00:22:05.240 you're on the internet like everything else.

00:22:06.600 You're on the subsea cables and so on and so forth.

00:22:08.780 Now, in fairness to Starlink,

00:22:09.780 they have added lasers for inter-satellite links,

00:22:13.720 but it's still to get you to the closest gateway.

00:22:18.000 So ultimately, you're offloaded onto the gateway

00:22:20.300 and onto the internet.

00:22:22.120 The alternate has no gateways.

00:22:24.840 It does not touch the ground.

00:22:26.840 You go from the terminal up to the alternate.

00:22:30.780 You stay on the alternate.

00:22:32.800 You get routed around the planet to the end destination,

00:22:35.960 and you get landed.

00:22:36.800 You do not touch the internet at all.

00:22:39.780 And that is unique, but it also gives you,

00:22:43.200 makes it the fastest in the world,

00:22:44.600 the lowest latency in the world,

00:22:45.680 and very importantly, it has the tiniest attack surface

00:22:49.960 of any global cyber attack surface

00:22:52.420 of any global communications network

00:22:54.740 because you can't cyber attack something

00:22:57.000 if you haven't got a connection to it.

00:22:58.660 You have to be on it.

00:23:00.420 And when you go through those gateways,

00:23:02.240 I was in Japan this week,

00:23:04.900 and I was giving a talk,

00:23:06.800 a little bit like the one you heard in Washington, D.C.

00:23:08.540 And at the end of the talk,

00:23:12.380 and there were people that had flown in

00:23:13.420 from all over the world,

00:23:14.820 and at the end of the talk,

00:23:17.020 they said,

00:23:18.400 do you have any immediate recommendations for us

00:23:23.440 apart from the fact that, you know,

00:23:24.520 we all need to use the alternate when it's built?

00:23:26.360 And I said,

00:23:27.920 quite a few of you will have flown from Europe,

00:23:31.420 and because of the rerouting of the flights,

00:23:35.080 we don't fly over Russia because of the war that's on.

00:23:38.240 So right now, if you look at a flight,

00:23:40.300 say, from London to Tokyo,

00:23:42.700 you fly down,

00:23:44.880 you go across the Black Sea,

00:23:46.520 you go across the Stans,

00:23:48.000 then you're over Xinjiang,

00:23:49.200 and you come in west of Beijing,

00:23:53.580 you cross down,

00:23:54.460 you bank down over Beijing,

00:23:55.900 and then you cross over,

00:23:57.840 you go out over the bay

00:23:59.240 and on to Korea.

00:24:01.840 So you spend hours flying over China,

00:24:04.540 and everybody has their aircraft Wi-Fi turned on.

00:24:08.200 But what they don't realize is,

00:24:10.840 and in fairness to the Wi-Fi providers,

00:24:12.540 it says this is an unsecure connection,

00:24:14.580 da-da-da-da.

00:24:15.000 So when you're flying over China,

00:24:17.140 all your emails,

00:24:18.180 your WhatsApps,

00:24:19.280 your everything,

00:24:21.140 are going up from their satellite terminal

00:24:24.040 on the aircraft

00:24:25.680 to a satellite,

00:24:27.300 a commercial satellite,

00:24:28.680 that's not the internet,

00:24:30.180 is being landed in a Chinese ground gateway,

00:24:33.720 and everything is being intercepted.

00:24:37.180 Now, it doesn't mean they're reading it in real time,

00:24:40.120 but it might do,

00:24:41.660 if they think they're an important enough person.

00:24:43.840 And, you know, people that fly on those planes,

00:24:46.800 you know,

00:24:47.360 some of them,

00:24:48.060 they know who they're looking at.

00:24:50.820 But the ability to use AI

00:24:53.860 to decrypt that stuff,

00:24:55.400 and once quantum,

00:24:56.880 the quantum singularity moment

00:24:59.180 of quantum computing comes,

00:25:00.560 there is no encryption in existence

00:25:04.080 that will survive the quantum computer,

00:25:07.300 because they will all be cracked in, what, seconds?

00:25:11.020 Because you can do a million years worth of computing

00:25:15.060 in seconds

00:25:16.060 once we have that quantum singularity moment,

00:25:19.360 and we are really, really close to that.

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00:26:57.700 I assure you

00:27:01.840 that neither Francis, myself,

00:27:03.260 or most of our audience

00:27:04.080 have any idea

00:27:04.760 what the quantum singularity moment is.

00:27:06.780 Can you explain that?

00:27:07.580 It's when...

00:27:08.540 when quantum computing

00:27:10.660 is...

00:27:12.260 becomes the reality

00:27:13.620 that they are really working,

00:27:15.920 that they're not

00:27:16.800 in an experimental phase,

00:27:18.580 that basically they're turned on

00:27:20.300 and they're doing

00:27:21.080 what they're supposed to do.

00:27:22.040 And quantum computers are?

00:27:24.580 They're...

00:27:25.380 they are beyond supercomputers.

00:27:29.160 So they are...

00:27:30.220 it is a...

00:27:32.720 new rules of physics...

00:27:35.060 well, the rules of physics

00:27:36.060 are the rules of physics.

00:27:37.200 But new applications of physics

00:27:40.140 being applied

00:27:41.400 to a computing environment

00:27:42.760 that means

00:27:45.280 that the speed and scale

00:27:47.900 of information

00:27:50.200 that can be processed

00:27:51.380 will be the equivalent

00:27:53.820 of what it would take us

00:27:55.120 a supercomputer

00:27:55.860 a million years

00:27:57.200 to do right now.

00:27:58.460 But it will happen in seconds.

00:28:01.540 I mean,

00:28:02.240 but that means

00:28:03.500 that

00:28:03.820 if it can crack

00:28:05.480 any form of encryption,

00:28:07.480 then

00:28:07.740 how do we communicate?

00:28:09.460 How do we communicate

00:28:10.460 ideas that are sensitive?

00:28:12.720 How do we communicate

00:28:13.640 ideas that are state secrets?

00:28:15.780 That will be the end

00:28:16.560 of communication,

00:28:17.440 won't it,

00:28:17.680 as we know it?

00:28:18.220 It won't be the end

00:28:18.900 of communication.

00:28:19.760 It will be...

00:28:20.300 it means we have

00:28:20.920 to communicate differently.

00:28:22.180 I mean,

00:28:22.940 meeting someone

00:28:23.580 at your mum's house

00:28:24.660 will still be a great way

00:28:25.960 to go and communicate.

00:28:27.460 You know,

00:28:28.340 just quantum confusion

00:28:29.680 is not going to be there.

00:28:32.020 We will have to be

00:28:33.560 more aware

00:28:35.600 and more careful

00:28:36.520 about how we communicate.

00:28:38.420 Now,

00:28:38.620 here's something

00:28:39.460 to dwell on.

00:28:41.880 Everything

00:28:42.320 that's going

00:28:43.200 onto the internet

00:28:44.160 right now

00:28:45.140 is being picked up

00:28:47.360 somewhere.

00:28:48.940 It's not that

00:28:49.800 they've got

00:28:50.300 teams of people

00:28:51.260 sitting around

00:28:51.900 listening to your

00:28:52.660 conversations.

00:28:53.720 Not happening.

00:28:55.600 But it's being stored.

00:28:58.620 And as it's stored,

00:29:00.680 the combination

00:29:01.320 of AI

00:29:02.000 with quantum computing

00:29:03.180 will be able

00:29:03.820 to go through

00:29:04.440 the library

00:29:05.300 of material

00:29:06.780 that's been stored

00:29:07.860 and it will all

00:29:09.200 be decrypted.

00:29:10.060 And then it will

00:29:10.600 be able to say,

00:29:11.860 go find

00:29:12.900 every conversation

00:29:15.060 that,

00:29:16.280 what do

00:29:17.280 Constantine and Francis

00:29:18.460 think about this

00:29:19.660 in private

00:29:21.080 that they've never

00:29:21.660 talked about in public?

00:29:23.560 And it will be able

00:29:24.540 to figure it out

00:29:25.280 and give you the answer.

00:29:27.040 So the way

00:29:27.580 that you use,

00:29:28.300 you know,

00:29:29.000 Grok or ChatBT

00:29:30.120 or ChatGPT

00:29:31.600 or anything else,

00:29:32.620 think about that

00:29:33.700 where if you've put it

00:29:35.200 in electronic format

00:29:36.300 and it's ever been

00:29:37.600 on,

00:29:38.620 it's ever crossed

00:29:39.440 the internet,

00:29:40.120 no matter how well

00:29:41.020 encrypted it is,

00:29:42.420 that it becomes,

00:29:44.100 that that encryption

00:29:44.860 is taken away

00:29:45.640 and then AI

00:29:46.240 can go and hunt

00:29:47.460 it out

00:29:47.780 and find it.

00:29:49.820 We will be able

00:29:51.140 to communicate

00:29:51.820 but having

00:29:53.020 data sovereignty,

00:29:55.980 ownership of your data

00:29:57.320 where you

00:29:57.880 always own it

00:29:59.360 and you never

00:30:00.080 give it up

00:30:00.600 to anybody else,

00:30:02.080 data residency,

00:30:03.180 so you have possession

00:30:04.520 of your data,

00:30:05.340 you know where it is

00:30:05.980 all of the time,

00:30:07.380 that's going to be

00:30:08.100 what data security is.

00:30:10.580 And,

00:30:11.500 of course,

00:30:12.300 I would say this

00:30:13.080 wouldn't I

00:30:13.680 and the outer net

00:30:14.580 is not going to be

00:30:15.420 for everybody,

00:30:16.120 it's certainly not going

00:30:16.800 to be for most

00:30:17.400 private people,

00:30:18.980 but having

00:30:20.740 a completely

00:30:22.280 separate

00:30:23.100 communications network

00:30:25.060 where you can

00:30:25.740 communicate the world

00:30:26.880 over without touching

00:30:28.760 any of this stuff

00:30:30.480 where it can be

00:30:31.340 intercepted

00:30:32.200 and stored

00:30:33.560 gets to be

00:30:34.900 pretty important,

00:30:35.740 especially if you're

00:30:36.740 a bank,

00:30:37.560 financial services,

00:30:40.060 a government,

00:30:41.900 and a pharma company,

00:30:43.600 myriad of other

00:30:44.540 sectors,

00:30:45.440 and of course

00:30:45.800 there will be

00:30:46.280 private individuals

00:30:46.960 who will want

00:30:47.480 that level of security

00:30:48.360 as well.

00:30:48.820 So how long

00:30:49.720 are we away

00:30:50.740 from this

00:30:51.220 particular moment?

00:30:54.300 We're probably

00:30:55.320 not as close

00:30:56.280 as some experts

00:30:57.280 would tell you.

00:30:59.440 We're definitely

00:31:00.820 within a decade

00:31:02.200 window.

00:31:03.780 Are we six months

00:31:04.780 away?

00:31:05.220 Probably not.

00:31:07.740 I would say

00:31:08.600 three,

00:31:09.700 four years,

00:31:10.220 something like that.

00:31:11.100 Because the worrying

00:31:12.140 thing is,

00:31:12.940 as you've just

00:31:13.960 explained,

00:31:14.620 all this data

00:31:15.420 is stored somewhere

00:31:16.280 and a lot of,

00:31:17.860 well,

00:31:18.420 the British government

00:31:19.120 used WhatsApp,

00:31:20.640 didn't they?

00:31:21.820 You know,

00:31:22.460 America,

00:31:23.080 the American government,

00:31:24.460 some of them

00:31:25.800 are on signal.

00:31:26.920 So you go,

00:31:27.620 well,

00:31:28.060 this is a...

00:31:29.200 Well,

00:31:29.400 the irony of that

00:31:30.080 signal thing,

00:31:30.740 I don't know that

00:31:31.440 maybe people have

00:31:32.480 said this,

00:31:35.260 a signal is probably

00:31:36.000 more secure than

00:31:36.780 the thing that they

00:31:37.480 officially are required

00:31:38.420 to use.

00:31:39.220 I mean,

00:31:39.660 if you look at

00:31:41.000 what's in the

00:31:42.060 public domain

00:31:42.980 on Salt Typhoon,

00:31:44.900 which is the

00:31:45.400 Chinese intelligence

00:31:46.200 services penetration

00:31:47.140 of American

00:31:48.940 networks,

00:31:49.980 it's everywhere

00:31:51.580 and on everything.

00:31:53.780 So I was not

00:31:55.060 surprised to,

00:31:57.020 and there was

00:31:57.400 such a hoopla

00:31:58.340 about that signal

00:31:59.360 chat going on,

00:32:00.040 I was like,

00:32:00.520 okay,

00:32:00.860 they're actually

00:32:01.240 using something

00:32:01.900 that's more

00:32:03.340 secure than

00:32:03.940 the thing that

00:32:05.440 they're supposed

00:32:05.940 to be using

00:32:06.560 because Salt Typhoon

00:32:07.880 has penetrated

00:32:08.520 everything.

00:32:08.920 This isn't a

00:32:09.340 conspiracy theory.

00:32:10.160 I would ask

00:32:10.980 your viewers

00:32:11.500 and your listeners,

00:32:12.340 look up Salt Typhoon 0.55

00:32:13.760 and this is out

00:32:15.180 there.

00:32:15.620 Tell us about it.

00:32:17.860 What is Salt Typhoon?

00:32:18.540 Salt Typhoon is the

00:32:19.720 penetration of the

00:32:21.340 Ministry of State

00:32:21.960 Security,

00:32:22.680 the Chinese

00:32:23.180 espionage service

00:32:25.700 where they have

00:32:27.760 penetrated

00:32:28.760 U.S.

00:32:30.360 communications

00:32:30.840 networks and

00:32:32.020 compromised them

00:32:33.000 by putting in

00:32:35.280 what they call

00:32:36.260 backdoors

00:32:36.980 and other forms

00:32:38.400 of software

00:32:39.460 manipulation

00:32:39.960 so that they

00:32:40.640 have been able

00:32:41.140 to not just

00:32:42.500 pick stuff up

00:32:43.320 general traffic

00:32:44.020 but actually

00:32:44.640 target everybody

00:32:46.060 including Donald

00:32:47.160 Trump and

00:32:47.820 Kamala Harris's

00:32:48.660 own phones

00:32:49.720 and Biden's

00:32:50.740 and they

00:32:51.900 can single

00:32:52.740 out if they

00:32:53.420 want to listen

00:32:54.080 and pick up

00:32:55.080 your stuff

00:32:56.160 through Salt Typhoon

00:32:57.220 they've been able

00:32:57.800 to do that.

00:32:58.760 They did it

00:32:59.640 and it has been

00:33:00.740 proven.

00:33:01.700 They're getting

00:33:02.660 everything.

00:33:03.520 So as

00:33:07.300 worrying as

00:33:08.600 that is

00:33:09.080 and let's

00:33:09.500 be fair

00:33:09.780 and it is

00:33:11.920 incredibly

00:33:12.300 worrying

00:33:12.760 do the

00:33:14.300 Americans have 0.78

00:33:15.000 their own

00:33:15.320 equivalent of

00:33:15.900 Salt Typhoon?

00:33:16.720 I'm assuming

00:33:17.420 they do.

00:33:18.340 I wouldn't

00:33:18.760 know.

00:33:19.900 I think you

00:33:20.780 assume too

00:33:21.260 much.

00:33:24.360 I have to be

00:33:27.320 polite and

00:33:28.440 careful in what

00:33:29.020 I say.

00:33:30.560 We

00:33:30.900 when I was

00:33:33.500 in my

00:33:35.400 early 20s

00:33:36.460 I had

00:33:39.240 look

00:33:40.880 as a

00:33:42.720 kid I

00:33:43.140 grew up

00:33:43.660 you know

00:33:44.240 it was

00:33:44.900 Reagan,

00:33:46.940 Margaret Thatcher,

00:33:49.640 Gorbachev,

00:33:51.440 Pope John

00:33:52.060 Paul II,

00:33:54.180 Cole,

00:33:57.240 Meternal.

00:33:58.560 They were

00:33:59.080 people that

00:33:59.940 looked competent

00:34:00.680 and I

00:34:01.120 might not

00:34:01.340 have agreed

00:34:01.760 with them

00:34:02.180 but I

00:34:03.920 knew they

00:34:04.740 knew what

00:34:05.180 they were

00:34:05.480 doing.

00:34:07.200 I went

00:34:09.220 to the

00:34:09.540 collapsing

00:34:09.960 Soviet

00:34:10.380 Union

00:34:10.860 January

00:34:11.380 1988.

00:34:13.640 I was

00:34:14.540 19 years

00:34:15.800 old.

00:34:16.240 I saw

00:34:16.600 what was

00:34:17.080 a giant

00:34:17.680 Potemkin

00:34:18.280 village and

00:34:19.820 I just

00:34:20.180 knew it

00:34:20.580 wasn't

00:34:20.840 going to

00:34:21.040 last.

00:34:22.220 I just

00:34:22.500 immediately

00:34:23.100 knew it.

00:34:23.700 As soon as

00:34:24.160 I was there

00:34:24.400 I saw

00:34:24.680 people queuing

00:34:25.500 for sausage.

00:34:26.280 I said

00:34:26.360 what's that

00:34:26.780 queue for

00:34:27.200 for sausage?

00:34:28.780 What?

00:34:29.120 And you

00:34:31.240 knew that

00:34:31.780 this thing

00:34:32.220 could not

00:34:32.660 continue.

00:34:34.780 And I

00:34:38.260 believed that

00:34:39.460 the West

00:34:40.120 was competent

00:34:40.940 and knew what

00:34:41.660 it was doing

00:34:42.240 because it

00:34:42.900 had done

00:34:44.600 so much

00:34:45.320 to defeat

00:34:46.560 Soviet

00:34:47.320 communism.

00:34:47.860 that

00:34:49.220 alliance

00:34:49.740 between

00:34:50.180 Pope

00:34:50.480 John

00:34:50.700 Paul

00:34:50.900 II

00:34:51.380 Reagan

00:34:54.400 you know

00:34:55.120 that

00:34:55.260 time

00:34:56.440 inspired

00:34:57.680 me

00:34:58.080 and

00:34:58.280 seeing

00:34:59.180 the

00:34:59.380 collapse

00:34:59.700 of the

00:34:59.960 Soviet

00:35:00.240 Union

00:35:00.640 made me

00:35:01.260 believe

00:35:01.560 anything

00:35:02.000 was

00:35:02.340 possible.

00:35:03.440 It

00:35:03.820 actually

00:35:04.200 made me

00:35:04.760 a

00:35:05.000 passionate

00:35:05.440 optimist

00:35:06.300 in life

00:35:06.880 that

00:35:08.040 anything

00:35:09.140 is possible.

00:35:09.820 The

00:35:09.940 number

00:35:10.480 of people

00:35:10.960 in this

00:35:11.380 town

00:35:11.700 in London

00:35:12.140 that said

00:35:12.540 to me

00:35:12.900 it will

00:35:14.240 never

00:35:14.640 change.

00:35:15.180 The

00:35:15.940 Soviet

00:35:16.440 Union

00:35:16.780 is

00:35:17.100 around

00:35:17.700 forever.

00:35:18.320 A person

00:35:18.600 said it

00:35:18.920 to me

00:35:19.120 on Red

00:35:19.520 Square.

00:35:19.920 I asked

00:35:20.140 for a

00:35:20.360 picture

00:35:20.520 to be

00:35:20.800 taken.

00:35:21.640 I was

00:35:22.060 19,

00:35:23.760 20 years

00:35:24.260 old and

00:35:25.120 the big

00:35:26.960 hammer and

00:35:27.900 sickle red

00:35:28.480 flag was

00:35:28.980 over the

00:35:29.280 Kremlin.

00:35:29.600 I said

00:35:29.680 can you

00:35:29.920 get a

00:35:30.140 picture of

00:35:30.480 me with

00:35:30.760 that in

00:35:31.720 the

00:35:31.840 background?

00:35:32.500 And it

00:35:32.680 was a

00:35:33.180 Brit,

00:35:33.680 a guy

00:35:34.040 that was

00:35:34.320 taking

00:35:34.520 the

00:35:34.660 picture.

00:35:35.060 And he

00:35:35.220 said

00:35:35.400 what do

00:35:36.020 you want

00:35:36.160 that for?

00:35:36.720 And I

00:35:36.960 said

00:35:37.120 well that's

00:35:38.060 not going

00:35:38.260 to be

00:35:38.380 there for

00:35:38.680 much

00:35:38.860 longer.

00:35:39.140 He

00:35:39.200 said

00:35:39.300 young

00:35:39.560 man

00:35:39.940 that

00:35:40.200 flag

00:35:40.440 is

00:35:40.560 going

00:35:40.660 to be

00:35:40.760 there

00:35:40.980 long

00:35:41.240 after

00:35:41.620 I'm

00:35:41.900 gone

00:35:42.060 and

00:35:42.200 long

00:35:42.400 after

00:35:42.640 you're

00:35:42.900 gone.

00:35:43.780 And it

00:35:44.180 was gone

00:35:44.700 within a

00:35:46.240 very short

00:35:46.680 period of

00:35:47.100 time after

00:35:47.580 that.

00:35:48.180 Very short

00:35:48.660 number of

00:35:49.160 years.

00:35:52.360 And then I

00:35:53.240 assumed that

00:35:54.520 we would have

00:35:54.940 something like

00:35:55.400 the Marshall

00:35:55.820 Plan,

00:35:57.060 which is

00:35:57.380 what was

00:35:58.200 done after

00:35:58.640 World War

00:35:59.060 II,

00:35:59.500 when you

00:35:59.920 had competent

00:36:00.480 administrators.

00:36:01.740 And I

00:36:02.140 thought the

00:36:03.940 Soviet Union

00:36:04.800 or much of

00:36:05.700 it would

00:36:06.120 come into

00:36:06.640 the West

00:36:07.160 like Germany

00:36:08.300 did.

00:36:09.560 And it

00:36:09.940 didn't

00:36:10.160 happen.

00:36:11.500 And I

00:36:12.140 remember a

00:36:12.820 dialogue going

00:36:13.660 on when

00:36:15.480 Latvia had 0.99

00:36:16.060 just declared

00:36:16.600 its independence

00:36:17.300 and I was

00:36:18.060 made an

00:36:18.680 advisor to

00:36:19.760 the first

00:36:20.600 Latvian

00:36:21.000 government.

00:36:21.580 Not that I

00:36:22.140 could have

00:36:22.520 any experience

00:36:23.300 or knowledge

00:36:23.620 to advise

00:36:24.040 them on

00:36:24.340 anything.

00:36:25.300 They didn't

00:36:25.660 have experience

00:36:26.140 to be a

00:36:26.480 government.

00:36:26.840 No one

00:36:27.040 knew what

00:36:27.360 the hell 0.96

00:36:27.640 they were

00:36:27.880 doing,

00:36:28.260 but people

00:36:29.200 were passionate

00:36:29.820 and idealistic.

00:36:31.680 And an

00:36:32.020 American said

00:36:32.780 to me that

00:36:34.000 the Germans

00:36:34.420 are going to

00:36:34.660 have to

00:36:34.980 recognize them

00:36:35.640 first,

00:36:36.560 diplomatically.

00:36:37.300 And I

00:36:37.420 was like,

00:36:37.620 well,

00:36:37.760 why?

00:36:38.720 And they

00:36:38.960 said,

00:36:39.140 well,

00:36:39.560 Monroe

00:36:40.020 Doctrine,

00:36:40.920 blah,

00:36:41.120 blah,

00:36:41.300 blah,

00:36:41.500 blah,

00:36:41.660 blah.

00:36:41.880 And you

00:36:42.220 just saw

00:36:42.680 people running

00:36:43.300 for the

00:36:43.620 hills when

00:36:44.680 decisions had

00:36:45.360 to be made

00:36:45.920 fast and in

00:36:47.180 real time.

00:36:47.800 And I

00:36:49.260 realized then

00:36:50.480 that we

00:36:52.560 lived in a

00:36:53.280 world that

00:36:54.740 was becoming

00:36:55.620 chronically

00:36:57.120 risk-averse

00:36:58.080 when nobody

00:36:58.820 wanted to

00:36:59.360 take

00:36:59.560 responsibility.

00:37:01.660 And I was

00:37:02.280 having this

00:37:02.580 discussion with

00:37:03.100 my sons the

00:37:03.720 other day in

00:37:04.220 terms of when

00:37:04.820 did this

00:37:05.380 start?

00:37:07.500 And, yeah,

00:37:09.040 I think August

00:37:09.760 1914 is a very

00:37:11.100 interesting point

00:37:11.960 of, I think,

00:37:12.860 that's arguably

00:37:13.920 Europe's

00:37:14.540 suicide.

00:37:15.020 hopefully not.

00:37:18.040 We have to

00:37:18.700 find out.

00:37:20.780 The

00:37:21.020 surrender of

00:37:21.420 Singapore.

00:37:22.880 I think the

00:37:23.940 surrender of

00:37:24.340 Singapore is a 0.99

00:37:25.060 very interesting

00:37:26.240 moment where

00:37:27.480 you have an

00:37:28.000 elite that

00:37:29.500 takes a

00:37:29.920 decision that

00:37:30.660 affects huge

00:37:31.780 numbers of

00:37:32.220 people and

00:37:33.560 literally cost

00:37:34.160 them their

00:37:34.460 lives where

00:37:35.120 they just

00:37:36.620 decided we're

00:37:37.120 not up for

00:37:37.460 the fight.

00:37:38.100 We're not

00:37:38.440 going to take

00:37:39.080 the risk.

00:37:39.660 It's easier

00:37:40.160 to not do

00:37:41.120 the job that

00:37:42.060 we're being

00:37:42.340 paid to do.

00:37:42.880 And so

00:37:44.360 fast-forward

00:37:45.320 that to

00:37:45.840 why.

00:37:47.260 Are we

00:37:48.180 out there?

00:37:51.220 Are we

00:37:51.500 doing these

00:37:52.260 things and

00:37:53.300 are we being

00:37:53.860 effective?

00:37:55.020 I would say

00:37:56.300 I hope so,

00:37:58.100 but I can

00:37:58.840 see, for

00:37:59.440 example, in

00:37:59.940 my case,

00:38:01.020 little sort

00:38:02.240 of subset

00:38:03.800 of things that

00:38:04.440 are going on.

00:38:05.760 In the fight

00:38:06.640 that I'm in

00:38:07.200 with the

00:38:07.640 Chinese,

00:38:08.600 we have

00:38:09.480 been subjected

00:38:10.180 to 157

00:38:12.060 losses.

00:38:12.880 different

00:38:13.640 legal actions

00:38:14.340 from the

00:38:16.420 courts in

00:38:16.860 Liechtenstein,

00:38:17.600 Germany,

00:38:18.060 Luxembourg,

00:38:18.740 Belgium,

00:38:19.260 France,

00:38:19.940 the United

00:38:20.280 States.

00:38:21.340 And what

00:38:21.720 they do is

00:38:22.440 take the

00:38:23.020 US, for

00:38:23.400 example.

00:38:23.900 So they

00:38:24.260 will sue

00:38:25.620 you on a

00:38:26.280 completely

00:38:27.100 flaky

00:38:27.620 thing.

00:38:30.220 And they

00:38:33.780 lose.

00:38:34.760 And then

00:38:35.420 they appeal

00:38:35.800 it.

00:38:36.480 And then

00:38:37.100 they lose.

00:38:37.840 And then

00:38:38.240 they appeal

00:38:38.600 that.

00:38:39.260 And they

00:38:39.880 lose.

00:38:40.440 And then

00:38:40.740 they appeal

00:38:41.120 that.

00:38:41.460 knowing

00:38:42.560 full well

00:38:43.440 that there

00:38:44.300 was no

00:38:44.840 point at

00:38:45.340 which they

00:38:45.640 had any

00:38:45.960 chance of

00:38:46.400 winning.

00:38:46.680 But that's

00:38:46.980 not what

00:38:47.220 it's about.

00:38:47.900 The process

00:38:48.280 is the

00:38:48.640 punishment. 0.99

00:38:49.420 Bleed you 0.99

00:38:49.880 out.

00:38:50.460 Yeah.

00:38:51.140 So we

00:38:51.660 have spent,

00:38:52.660 I don't

00:38:53.340 want to say

00:38:53.660 the number,

00:38:54.180 but tens

00:38:54.860 of millions

00:38:55.880 fighting

00:38:57.700 Chinese

00:38:58.700 lawfare,

00:38:59.760 real

00:39:00.160 lawfare.

00:39:00.680 this tactic

00:39:02.600 of using

00:39:04.900 the laws

00:39:05.680 of Western

00:39:06.220 countries

00:39:06.860 against them

00:39:08.040 and their

00:39:08.540 private sector

00:39:09.380 companies to

00:39:10.180 achieve an

00:39:10.680 objective of

00:39:11.740 the People's

00:39:12.260 Liberation Army

00:39:13.000 of China

00:39:13.500 is in the

00:39:14.860 written,

00:39:15.600 published

00:39:16.040 doctrine of

00:39:18.000 the People's

00:39:18.540 Liberation Army

00:39:19.360 of China.

00:39:19.880 It is a

00:39:21.380 legitimate

00:39:21.920 method of

00:39:23.780 warfare and

00:39:24.560 it's in

00:39:25.020 their published

00:39:26.000 military

00:39:26.980 doctrine.

00:39:27.720 So guess

00:39:28.920 what?

00:39:29.540 They're doing

00:39:30.100 it.

00:39:31.580 Del

00:39:32.100 Suprease.

00:39:33.360 And yet,

00:39:34.440 how many

00:39:35.240 governments have

00:39:36.380 come and

00:39:36.960 sort of,

00:39:38.160 the cavalry

00:39:38.820 never showed

00:39:39.440 up for us.

00:39:40.140 We've had to

00:39:40.700 keep doing

00:39:41.160 it ourselves.

00:39:42.660 And the

00:39:43.840 brilliance of

00:39:44.440 it is,

00:39:44.720 is by suing

00:39:45.440 in all of

00:39:45.860 these different

00:39:46.340 countries and

00:39:47.080 in different

00:39:47.600 courts in

00:39:48.200 the same

00:39:48.600 country.

00:39:49.140 So you

00:39:49.440 will face

00:39:49.940 the same

00:39:50.400 lawsuit,

00:39:51.840 five different

00:39:52.540 places,

00:39:53.580 with five

00:39:54.700 different judges,

00:39:56.260 and then you're

00:39:56.840 going to them

00:39:57.180 well,

00:39:57.440 actually,

00:39:57.720 we've already

00:39:58.280 argued this

00:39:58.840 over here.

00:39:59.220 And they're

00:39:59.320 like,

00:39:59.480 what?

00:39:59.960 No one

00:40:00.340 does that.

00:40:01.080 They're like,

00:40:01.860 yeah,

00:40:02.080 they do.

00:40:02.560 They do it.

00:40:04.280 The German

00:40:04.940 Ministry of

00:40:05.400 Economy published

00:40:06.160 a really

00:40:06.580 interesting paper

00:40:07.380 on this about

00:40:08.760 a year and a

00:40:09.240 half ago,

00:40:09.800 but lawfare

00:40:10.740 is,

00:40:12.060 the war is

00:40:12.820 on.

00:40:13.580 It's on.

00:40:14.380 It has

00:40:14.760 started.

00:40:16.200 They want

00:40:16.840 to dominate

00:40:17.520 technology,

00:40:19.240 any technology

00:40:20.160 that will give

00:40:20.820 the West the

00:40:21.440 edge.

00:40:21.920 They want to

00:40:22.420 take it off

00:40:22.960 the West and

00:40:23.620 take it for

00:40:24.080 themselves.

00:40:25.380 And they

00:40:26.480 are preparing

00:40:27.440 for a major

00:40:29.220 event.

00:40:30.720 God willing,

00:40:31.680 it will never

00:40:32.140 happen.

00:40:33.000 What do you

00:40:33.260 mean by a

00:40:33.680 major event?

00:40:34.300 A war.

00:40:35.820 A kinetic

00:40:36.540 war?

00:40:37.000 Kinetic war,

00:40:38.220 metal on metal,

00:40:39.340 over Taiwan.

00:40:42.500 And I am

00:40:44.680 certain that

00:40:46.500 China wants 0.96

00:40:47.420 to take

00:40:47.860 Taiwan.

00:40:49.200 It would

00:40:49.880 love to

00:40:50.240 take it

00:40:50.640 where Taiwan

00:40:51.880 just puts

00:40:52.400 its hands

00:40:52.820 up,

00:40:53.360 Sun Tzu and

00:40:54.340 all of that

00:40:54.720 sort of thing

00:40:55.160 and just

00:40:55.480 doesn't even

00:40:56.080 fight.

00:40:57.680 And they're

00:40:58.620 certainly trying

00:40:59.140 to achieve

00:40:59.560 that.

00:40:59.860 But if they

00:41:00.380 don't achieve

00:41:01.080 that,

00:41:01.840 they will

00:41:02.440 take it

00:41:02.900 kinetically.

00:41:03.680 And if they

00:41:04.380 can take the

00:41:04.900 internet down

00:41:05.500 for six

00:41:06.480 months,

00:41:06.860 let's say

00:41:08.320 the internet

00:41:08.700 went out

00:41:09.080 right now.

00:41:10.860 Are you

00:41:11.420 going to be

00:41:11.720 thinking about

00:41:12.260 Taiwan?

00:41:13.740 No.

00:41:14.340 You're going

00:41:14.640 to be thinking

00:41:14.940 about how

00:41:15.280 am I going

00:41:15.560 to get

00:41:15.740 home?

00:41:16.640 What about

00:41:17.260 my family?

00:41:19.200 How are we

00:41:19.820 going to get

00:41:20.520 food?

00:41:21.000 I can't

00:41:23.120 contact my

00:41:23.840 family because

00:41:24.260 my phone

00:41:24.720 isn't

00:41:24.980 working.

00:41:25.600 So everyone's

00:41:26.540 got to head

00:41:26.920 home.

00:41:27.340 Actually,

00:41:27.680 everybody should

00:41:28.240 have a plan

00:41:28.960 for what

00:41:29.720 happens when

00:41:30.440 the internet

00:41:31.700 goes down

00:41:32.340 because it's

00:41:32.720 probably going

00:41:33.140 to happen.

00:41:35.400 The last

00:41:36.340 thing you're

00:41:36.860 going to be

00:41:37.160 thinking of

00:41:37.720 or that you're

00:41:38.200 going to be

00:41:38.520 giving a

00:41:39.020 flying hoot 0.95

00:41:39.560 about is

00:41:40.180 what's

00:41:40.480 happening in

00:41:41.000 Taiwan.

00:41:42.340 And let's

00:41:43.980 say that

00:41:44.760 that happens,

00:41:46.880 Taiwan is

00:41:48.020 taken,

00:41:48.540 and you

00:41:49.880 find out

00:41:50.500 about it

00:41:51.000 six weeks

00:41:51.660 later and

00:41:52.400 it's now

00:41:52.840 just a fact

00:41:53.440 on the

00:41:53.740 ground.

00:41:55.100 Who's going

00:41:55.680 to do

00:41:55.840 anything about

00:41:56.320 it?

00:41:57.260 Sleeping

00:41:57.740 less than

00:41:58.220 six hours a

00:41:58.940 night can

00:41:59.300 double your

00:41:59.900 risk of

00:42:00.260 early death.

00:42:01.280 It's also

00:42:01.740 linked to

00:42:02.160 heart disease,

00:42:02.920 depression and

00:42:03.560 a weakened

00:42:03.920 immune system.

00:42:05.140 If you

00:42:05.420 struggle to

00:42:05.920 sleep,

00:42:06.380 then you're

00:42:06.860 not alone.

00:42:07.780 The CDC

00:42:08.340 reports over

00:42:09.240 35% of

00:42:10.580 adults in

00:42:11.080 the US

00:42:11.500 sleep less

00:42:12.080 than the

00:42:12.460 recommended

00:42:12.920 seven hours

00:42:13.580 a day.

00:42:14.260 That's why

00:42:14.700 more and

00:42:15.180 more people

00:42:15.640 are turning

00:42:16.100 to evening

00:42:16.680 being by

00:42:17.340 Verso.

00:42:17.820 Check it

00:42:18.460 out at

00:42:18.920 ver.so.

00:42:20.800 Unlike

00:42:21.080 typical sleep

00:42:21.900 aids that

00:42:22.360 rely on

00:42:22.820 melatonin

00:42:23.440 and cause

00:42:23.780 dependency

00:42:24.340 or grogginess,

00:42:25.460 evening being

00:42:26.000 is a

00:42:26.480 clinically

00:42:26.820 formulated

00:42:27.520 drink mix

00:42:28.240 that uses

00:42:28.900 patented

00:42:29.540 well-researched

00:42:30.440 ingredients

00:42:30.880 that help

00:42:31.420 you fall

00:42:31.740 asleep

00:42:32.000 faster and

00:42:33.020 stay asleep

00:42:33.640 longer.

00:42:34.440 No

00:42:34.680 melatonin

00:42:35.300 involved.

00:42:36.080 And

00:42:36.200 customers are

00:42:36.800 seeing results.

00:42:37.880 Olivia says,

00:42:38.880 my sleep

00:42:39.340 tracker shows

00:42:39.960 I've been

00:42:40.280 getting more

00:42:40.860 deep in

00:42:41.280 REM sleep.

00:42:42.460 Robert

00:42:42.740 wrote,

00:42:43.340 great stuff.

00:42:44.260 Both my

00:42:44.660 wife and I

00:42:45.220 recommend it

00:42:45.860 highly.

00:42:46.660 Click the

00:42:47.060 link in

00:42:47.460 the description

00:42:47.940 or head

00:42:48.480 over to

00:42:48.900 ver.so

00:42:50.260 and use

00:42:50.980 our code

00:42:51.340 TRIGGER

00:42:51.780 at checkout

00:42:52.500 to save

00:42:53.060 15% on

00:42:54.020 your first

00:42:54.400 order.

00:42:55.440 Want to go

00:42:56.300 electric without

00:42:57.160 sacrificing fun?

00:42:59.440 That's the

00:43:00.200 Volkswagen ID4.

00:43:01.680 All electric and

00:43:02.860 thoughtfully designed

00:43:03.700 to elevate your

00:43:04.580 modern lifestyle.

00:43:05.800 The Volkswagen

00:43:06.320 ID4 is fun to

00:43:07.560 drive with

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00:43:09.240 that makes city

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00:43:11.980 Plus a refined

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00:43:14.980 always at your

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00:43:16.680 The all electric

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00:43:18.540 You deserve

00:43:18.940 more fun.

00:43:19.820 Visit

00:43:20.020 VW.ca to

00:43:21.240 learn more.

00:43:22.500 SUVW.

00:43:23.280 German

00:43:23.540 engineered for

00:43:24.240 all.

00:43:25.340 So I

00:43:27.300 understand with

00:43:28.380 the Taiwan

00:43:28.880 thing, but

00:43:29.400 why do you

00:43:30.100 think, why

00:43:31.220 are you so

00:43:31.680 certain that

00:43:32.360 this is what

00:43:32.840 the Chinese

00:43:33.420 want?

00:43:34.260 What makes

00:43:34.600 you say that?

00:43:35.260 Everybody

00:43:35.580 projects, I'm

00:43:38.080 57 years old,

00:43:39.800 I've been

00:43:41.300 around the

00:43:41.700 block a few

00:43:42.180 times, maybe

00:43:42.840 I'm a bit

00:43:43.260 jaded in

00:43:44.620 terms of

00:43:44.960 my

00:43:45.120 attitude, but

00:43:46.940 people, one

00:43:50.240 of the great

00:43:51.040 hacks and

00:43:52.160 weaknesses of

00:43:53.500 Western

00:43:54.100 liberalism,

00:43:56.280 neoliberalism,

00:43:56.920 whatever you

00:43:57.200 want to call

00:43:57.620 it, is that

00:43:58.180 we think

00:43:58.960 everybody thinks

00:43:59.880 the same as

00:44:00.440 us.

00:44:01.880 It's true.

00:44:02.780 Do you know,

00:44:03.120 we talk about

00:44:03.660 this on the

00:44:04.100 show so much

00:44:04.780 because I'm

00:44:06.140 from the

00:44:06.560 Soviet Union,

00:44:07.620 France's family

00:44:08.560 from Venezuela,

00:44:10.100 and I look

00:44:11.560 around at

00:44:12.160 these people

00:44:12.600 who think

00:44:13.060 everyone is

00:44:13.580 the same,

00:44:14.080 and I go,

00:44:14.760 what the 1.00

00:44:15.300 fuck are 1.00

00:44:15.760 you talking 1.00

00:44:16.140 about?

00:44:16.300 You know

00:44:16.980 it, you

00:44:17.800 know it.

00:44:18.220 What are

00:44:18.480 you talking

00:44:19.000 about?

00:44:19.400 I was,

00:44:20.600 years ago,

00:44:22.500 so this was

00:44:23.120 1993, now

00:44:25.360 there's also

00:44:26.100 too dark of a 0.93

00:44:27.620 view of

00:44:27.960 humanity, so

00:44:28.760 years ago, I

00:44:30.280 mean,

00:44:30.540 Yekaterinburg,

00:44:31.400 and I had

00:44:31.700 been to a

00:44:32.060 place called

00:44:32.420 Asbest, which

00:44:33.320 is out near

00:44:34.280 Siberia, and

00:44:36.180 we'd driven

00:44:38.120 for hours and

00:44:38.900 hours from this

00:44:39.460 place called

00:44:39.900 Asbest to

00:44:40.600 Yekaterinburg,

00:44:41.240 and we've

00:44:41.520 got to have

00:44:41.780 some meeting

00:44:42.360 or other,

00:44:42.940 waiting to get

00:44:43.840 into something,

00:44:44.920 and I'm

00:44:45.340 sitting in a

00:44:47.340 Volga car,

00:44:49.800 and there's a

00:44:51.280 guy in the

00:44:51.740 back that I

00:44:52.360 knew had been

00:44:53.200 a colonel in

00:44:54.080 the KGB,

00:44:55.620 a very

00:44:57.220 interesting guy,

00:44:59.420 won't say his

00:45:00.680 name, and

00:45:03.060 I said,

00:45:05.780 you know,

00:45:06.140 we'll call him

00:45:08.960 Conrad, his

00:45:11.000 name wasn't

00:45:11.380 Conrad, I

00:45:13.320 said, there's

00:45:15.040 good people in

00:45:15.620 Russia, he 0.99

00:45:17.640 said, no,

00:45:19.020 I said,

00:45:20.980 come on,

00:45:21.520 Conrad, I

00:45:22.260 said, you know

00:45:23.560 there's good

00:45:23.880 people, no,

00:45:24.520 there are no

00:45:25.300 good people in

00:45:25.940 Russia, I

00:45:26.200 said, what are

00:45:26.660 you talking, of

00:45:27.120 course there are

00:45:27.600 good people in

00:45:28.020 Russia, and I

00:45:28.440 know there are,

00:45:28.960 he said, they 0.89

00:45:30.400 killed them 0.82

00:45:31.240 all, I said, 1.00

00:45:33.240 what do you

00:45:33.460 mean they

00:45:33.760 killed them, he 0.65

00:45:34.300 said, they 0.99

00:45:35.000 killed all of

00:45:36.740 the good 0.99

00:45:37.060 people, they 0.91

00:45:37.720 killed all of

00:45:38.840 the good 0.98

00:45:39.140 families, anybody

00:45:40.600 that was left,

00:45:41.720 it was an

00:45:42.240 accident, he

00:45:43.100 said they

00:45:43.460 killed all the

00:45:44.500 good people, the 0.99

00:45:45.220 Bolsheviks killed 1.00

00:45:46.000 all of them, he 0.96

00:45:47.320 said Stalin killed

00:45:48.380 all of them, he 0.94

00:45:48.940 said the good

00:45:49.980 people in the

00:45:50.740 villages would

00:45:51.920 save flour, and

00:45:53.640 they would save

00:45:54.560 honey, and food,

00:45:55.920 and they would

00:45:56.240 store it, and

00:45:57.240 they used to

00:45:57.620 hide it in

00:45:58.300 lakes, and

00:45:58.960 i didn't even know this was a thing apparently the flower forms a a cake around the the bag of 0.99

00:46:05.680 flour so you can put it in water but the flour inside would stay safe and they would hide it

00:46:11.020 and he said the worst bastard in the village would spy on the good families and the good people who 0.64

00:46:18.780 would not just feed themselves but they'd feed the whole village through the winter time when 0.97

00:46:23.080 the authorities were seizing food and he said and they would give them up to the authorities and he 0.98

00:46:28.440 said those people would be killed and he said and the bastard would get half the flour and he said 0.93

00:46:35.100 that happened in every little village in the in in russia in the soviet union now 0.97

00:46:44.380 i don't subscribe to my that gentleman's idea that there are no good people in russia because there

00:46:51.860 are there most certainly are but that mentality is

00:46:58.440 the idea that such people can exist and did exist and not only did they exist they thrived

00:47:04.200 they were empowered they were empowered you had to be an evil so-and-so to rise to the top you

00:47:12.560 couldn't get to the top and have your soul intact you couldn't you literally almost literally had to

00:47:21.360 do a deal with the devil and it's a long way of saying if you look at somebody like xi jinping 1.00

00:47:28.720 you look at the cultural so-called cultural revolution anybody that is at the top of a communist party

00:47:36.720 is a fundamentally flawed human being and does not think the same as pretty much anybody

00:47:46.960 watching this podcast yeah it's so true and you know it's it's interesting you mentioned

00:47:52.960 the lawfare because and the way you explained it made me think of something else because

00:47:57.920 you talked about the fact that the laws of western countries are being used against them by hostile

00:48:03.840 forces and i go i look around at our country now and i go well the laws of the the echr for example

00:48:10.560 are being used against european countries to flood the country with illegal immigration that nobody wants 0.67

00:48:15.440 so nuts i mean it the the the writing is on the wall to use that biblical term um we are the authors of

00:48:25.200 our own destruction it's not that anybody is doing this to us we are ultimately doing it to ourselves

00:48:31.440 if you do not prepare i mean this is not even a matter of not being prepared we are we are inviting

00:48:39.200 our own this is civilizational suicide that we're going through right now and the chronic risk aversion

00:48:48.400 that is allowing it to happen is it exists all the way through the system right down to the private

00:48:56.080 individual people don't want to get married people don't want to have children oh i'll defer it i'll put

00:49:01.520 it off i'll go and have an extra holiday i want to go and climb machu picchu or something

00:49:07.040 stop deferring life if you're a man be a man make a decision take a risk make a commitment life is one

00:49:20.960 commitment after another it's all about rising to and enjoying the thrill of embracing the risk and

00:49:32.000 taking a chance and doing something bold like having a child like making a commitment to one

00:49:38.800 person for the rest of your life like committing to a belief system whatever it might be those are

00:49:46.000 the things that save us the foundational building block of everything ultimately is the family it starts

00:49:54.160 from there and if that isn't right nothing else will be right and you end up seeing all of the

00:50:02.720 edifices crumbling of civilizational because the support structures have already rotted away that

00:50:09.200 we're supporting them from the outset i agree with you declan there was a one element of pushback i would

00:50:15.040 put to you which is our governments and particularly uk government prioritize the rights of the elderly

00:50:22.560 over the young and this was quite clearly seen during covid where we were like protect the

00:50:28.640 elderly protect the vulnerable which we can all agree with but we shut down society young people 1.00

00:50:33.680 were asked to sacrifice the literal best days of their life their youth to sit in a room watch their

00:50:40.880 youth get dribbled away as long as we protected the elderly and the vulnerable and you go 0.99

00:50:46.640 that can't work and then you look at house building the fact that young people can't get on the 1.00

00:50:51.680 property ladder because of planning laws nimbyism so i agree with you but we also have to accept

00:50:59.520 our part in this and the government's part in this that we're also not helping young people

00:51:03.600 a hundred i i i agree i mean let's take the lockdowns um so if you'd look to my twitter history over that

00:51:13.840 period of time we we see this thing kicks off in uh in wuhan and and it probably started in september um

00:51:28.000 and the leak if it was a leak probably took place in earlier than has been been said um and by the way

00:51:36.080 it's almost universally consensus now well there's satellite imagery of the around that center that

00:51:44.720 shows a lot of traffic a lot of activity in september um and i'm in this satellite business um there is a

00:51:56.640 there is a lot of activity there's something kicking off whatever it is whether it's an effort of

00:52:02.560 containment or whether it's something else you want to be a conspiracy theorist um hong kong was

00:52:09.920 destabilizing the communist party of china at that moment the protests in hong kong were massive

00:52:17.200 and i think the communist party of china saw them as an existential threat i don't i think it was a leak

00:52:25.360 rather than a deliberate leak um but i certainly think it was harnessed um and anyway we didn't know

00:52:35.040 what it was coming into christmas i was seeing these things coming out you know buildings being

00:52:42.160 welded up in shanghai and people shouting from their apartment buildings and i said to my

00:52:48.400 my parents i said there's something bad happening here

00:52:50.880 and my my my kids they're adult kids they're all over one of my my daughter my youngest daughter

00:52:56.560 was going to notre dame university in the us at the time so i'm i'm stockpiling at this point

00:53:03.600 and what i'm carrying in ammunition

00:53:08.400 my daughter looks very disapprovingly at me and she goes dad you're not going to need that i said

00:53:13.920 no i'm probably not i said but if i do need it i won't be wishing i had it

00:53:21.040 so i was being a prepper in that regard in in in in having you know months and months of supplies

00:53:27.760 i planted crops i did all of these things i i i planted more stuff than we we needed or a lot of

00:53:37.440 other people but once it became clear and it was quite quickly clear that it the lethality of this

00:53:46.960 thing was way below the worst expectations the lockdowns were just completely uncalled for in fact

00:53:57.920 we should have been doing the opposite i mean when i was a kid in watford before we moved back to

00:54:02.880 wonder i remember we had a measles party where all someone caught the measles i can't remember who it

00:54:08.160 was that caught it was me or my friend ian or chris or somebody else and the mums would put us all

00:54:12.960 together to play together and everyone would get measles at the same time and it was like okay we've done

00:54:18.080 that and then you move on to the next thing and that's how we built immunity now i'm not saying

00:54:24.000 that people shouldn't get measles vaccines or whatever but that's how we dealt with it back then

00:54:27.760 um the then we got into this repressive orwellian situation now i was very familiar with the irish

00:54:37.440 constitution because of lisman treaty and everything else and i knew that the constitution in ireland

00:54:42.880 particularly protected the place of public worship at mass because of the penal laws where

00:54:50.960 the irish weren't allowed to practice catholicism for that period of time um when practicing catholicism

00:54:59.120 was illegal in ireland up until penal laws were finally lifted in the 1820s and the so in the enshrined

00:55:07.840 in the irish constitution is this even elevated right to public worship learning from the lessons of that

00:55:14.640 time understanding that religious freedom is the ultimate freedom um from which many other freedoms

00:55:23.200 actually end up being derived so i sued the irish government on that point of public worship that

00:55:32.160 we should be allowed because the churches had done all the mitigation and everything else

00:55:35.840 and this is this this is when this system really gets you so i knew i had a slam dunk case they

00:55:45.200 couldn't win there had already been successful cases taken in new york and a few other scotland and

00:55:53.680 a few other places switzerland there was another one where there were cases in process where it was clear

00:55:58.480 that they were going to win and they did i get to the irish high court and they just didn't hear the case

00:56:04.000 and it was high profile case they didn't hear it the judge kept deferring deferring deferring deferring

00:56:10.400 until the restrictions were lifted and then he ruled the case and he said well there's no restrictions

00:56:14.320 anymore so don't need to hear the case so it's like you don't even let me get onto the pitch and play

00:56:21.520 you're just going to say well we're not playing today because game's been cancelled um so those

00:56:28.480 restrictions were appalling what we did to our kids was terrifying what the conservative government

00:56:35.040 in this country allowed to happen under their watch is unforgivable in my opinion they resigned

00:56:44.880 their right to rule here for what they allow people out for a walk in the room with a bloody well 0.78

00:56:52.000 drone following them around i mean this is this is this is orwellian and not only do i agree with

00:57:01.280 you i i passionately agree with you one of my kids he'll be furious to me for saying this but i mean

00:57:07.760 in ireland they did away with the exam evaluation process where you sit the exam and then you you are

00:57:13.680 anonymous you're just a number i love the irish system the way it works nobody knows who you are and

00:57:19.680 it is purely meritocratic it's like this is what you got instead they said well we're going to give

00:57:26.880 you an estimated grade so he got an estimated grade which is certainly where the guy would have been

00:57:34.560 maybe even better and he got downgraded and the university that he chose and that had accepted him

00:57:43.280 on condition that he made the grades he not only made the grades he exceeded them

00:57:48.640 they downgraded him to a point where the university couldn't allow him to attend that particular

00:57:53.600 university so he went to another one which is very very good university thankfully it's worked out really

00:57:59.200 really well for him but the injustice that was done to these kids is appalling and to the very important

00:58:08.560 point that you made house ownership if we are not allowing the next generation to put a roof over their

00:58:18.480 head to be able to get married to have kids and everything else what are we for

00:58:27.040 this has to be fixed now the reason we are in that situation i would

00:58:32.480 say is because of the misallocation of capital that we talked about earlier in this interview

00:58:41.120 that we so corrupted the system that the pe firms and pension funds and entities that ended up with

00:58:51.040 the liquidity are sitting there with a very very small group of people running them

00:58:55.600 and they're capital they're trying to allocate capital hundreds of billions

00:59:03.760 at a time with a team of a few hundred people

00:59:08.160 to high-performing assets that are going to provide a return but when you're running 150 million

00:59:17.120 pound or 150 million dollar fund you need to have good performance you need growth of 20 percent

00:59:24.240 so on and so forth if you're running a half a trillion dollar fund you don't need performance

00:59:30.720 like that to make your management fee you need a point one percent you don't have to blow the doors

00:59:38.480 off in terms of performance you can just provide mediocre mediocre performance and you can make out

00:59:44.720 like a bandit in terms of you will live the life of of of of a billionaire the so what do these funds

00:59:53.040 allocate for they'll go and they will inflate and buy up housing stock land stock the lowest risk

01:00:02.640 assets that they can do and they end up inflating the values outside of where a normal healthy

01:00:11.520 economic biome would have housing values so we have totally artificially priced housing that is

01:00:19.520 is completely out of whack where a 22 year old or 23 year old can earn pay a mortgage you borrow the

01:00:26.000 money pay a mortgage and and have a home and it's because there's a great parable in the bible it may be

01:00:34.000 my favorite one which is called the parable of the talents and for those of your listeners or viewers

01:00:40.160 that haven't heard it or read it um read it and it's about the the boss who's going away and he

01:00:48.480 allocates money talents there's a unit of currency to each of his servants and says look after these

01:00:55.440 while i'm god and one of them goes out and he speculates and he takes risk and he does extremely

01:01:02.640 well another one takes a bit less risk and he does okay and one of them buries the talent actually buries

01:01:08.720 it when the master comes back the guy that buried the talent says you gave me the talent i buried it

01:01:15.680 i've dug it up again here's your talent the next guy that says look i was very careful and

01:01:21.920 but you know i his his your return and then the guy that blew the doors off goes you gave me these talents

01:01:31.440 i took all of these risks i made this many more talents here's human and what the master says is

01:01:37.040 take the talents off the other guys give them to over performer and as for the guy that buried the

01:01:43.360 talent he says throw him out where there shall be weeping and gnashing of teeth

01:01:50.640 and that is a lesson of capital allocation and our society now is the servant that is burying the talent

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01:03:28.400 well it speaks to your point about risk aversion and i suppose the question is

01:03:34.000 how does that get resolved because i um i was just talking to my friend chris williamson on his

01:03:38.720 show about this this morning actually the the risk aversion in britain it's particularly i go to america

01:03:44.560 um and people who think like you are much more prominent there and much more prevalent there

01:03:51.280 but in britain we just seem to have completely lost that

01:03:58.560 we had it in europe we had this country had it more than anybody more than anybody this is the country

01:04:06.240 that sent out the cussie sark the east indiaman that set up the east india company that did all of 0.80

01:04:13.680 these things and you know i'm irish i'm not supposed to say this but but but i mean this country took insane

01:04:20.800 risks and built successes out of them and then it turned on itself

01:04:25.840 and the whole west has ended up doing this we've become this self-loathing society how do we fix it

01:04:38.400 ultimately it has to be fixed not by the government not by societies it's got to be fixed by us

01:04:47.760 at the most granular private individual level we have to fix ourselves first

01:04:55.840 and this by the way is where i think faith and religion comes into being because

01:05:00.000 what are your gods what are the things that you hold to be worth sacrificing for

01:05:10.880 what's worth dying for and when you do die momento momento mori remember your death

01:05:20.080 who do you want around you when you are dying because it won't be your boss

01:05:27.200 it won't be the people that you made money for it won't be your advertisers they will be sorry when

01:05:32.960 they hear about it but they're not going to be there who do you want around you when you are dying

01:05:42.080 your family that's the most important thing in the world

01:05:46.240 i do see what you're saying and i agree with you but it is also as well with the government aspect of

01:05:54.560 it unless we change the legislation around planning laws unless we relax them unless we kind unless we

01:06:01.520 get that moving then it's just people aren't going to be creating we have to tear the whole thing apart

01:06:08.480 and start again this is a broken system it is not working it is not working for the young it is not 0.65

01:06:18.720 protecting our national integrity it is not protecting our culture it is not protecting our traditions our beliefs

01:06:26.800 it's it's it's it's an empty hollowed out thing and it's yes we have to fix planning laws and all of those

01:06:38.960 things but we've got to think these are these are just small symptoms yeah of a disease i think your

01:06:45.200 point is that all of that stuff is downstream if people want more risk-taking and yeah act we would

01:06:51.440 because then you somebody would take the political risk yeah you look at the situation now i mean we

01:06:56.560 mentioned the chr the way the consensus on that has shifted you've now got people like jack straw

01:07:01.360 former labor home secretary we've been told for last 10 years you can't leave the chr you'll ruin 0.79

01:07:07.680 island you'll do this and now suddenly it turns out it's all possible why because there's people on

01:07:12.160 the street right because the moment you get people on the streets it turns out suddenly the legal realities

01:07:18.080 all change uh overnight and and now it's possible and by the way they're setting a very bad example

01:07:23.440 with this because if you don't adjust your course because people are simply saying things and they

01:07:28.960 have to go out into the streets well you're going to get a lot of people in the streets a lot of the

01:07:31.920 time this is true um i i i i agree i i think that's correct i mean the and the echr is one example of

01:07:42.800 of the soup that the loss of democratic or popular control over the instruments of power right and as

01:07:50.320 we've seen them and this happened with the lisbon treaty you know and i said it at the time you we are

01:07:55.520 moving europe to a this is happening beyond europe but we are moving europe to a situation where we are

01:08:02.720 making the positions of decision making more distant from the people now we have somebody like ursula

01:08:09.600 wonderland i'm sure she's actually a very nice person i really am sure she's a very nice person

01:08:14.640 but she is no mandate from any electorate anywhere and she's going in and making the president of the 0.99

01:08:19.680 united states and the president of this and the president of that as the representative of all

01:08:24.000 europeans it's like what how how do we get to this place what happened to democracy now is democracy the

01:08:32.400 ultimate crucible i would say no but democracy is a means to an end it's a churchill i'm paraphrasing

01:08:40.560 him now but it's the least worst system out there so but to your point about people in the streets

01:08:47.920 people end up on the streets when they have found out that the levers that they have been presented that

01:08:55.440 allow them to control what's happening they don't work they're not attached to anything anymore

01:09:00.720 there's actually nothing it's like a one of those fisher price you know driving toys that my kids used

01:09:06.400 to have there's it's got an engine noise yeah it makes noises but actually there's nothing there yeah

01:09:13.200 and it's a very profound point and we're talking about people on the streets and it's one of the

01:09:17.760 things that i really want to talk to you about and so does constantin which is ireland because we've

01:09:22.560 been looking at what's been happening in ireland but i haven't been following it very closely because

01:09:27.440 i'm more concerned of the bim fire that is my own country if i'm being honest so what's happening

01:09:32.160 in ireland and why are we seeing this footage of demonstrations and angry people on the streets

01:09:39.360 etc etc it's exactly the same thing as is happening here in fact indeed it's probably the consequences of

01:09:46.240 exactly exactly the same action so those boats when they come across the channel and all those young

01:09:52.400 fellows come piling in as they do um you know some of that wave ends up going to ireland why because

01:10:03.760 there's lower hanging fruit there we are called amongst the trafficking community and their customers

01:10:10.800 treasure island i better not say this out too loud we are known to be mugs to be the softest touches

01:10:19.200 that are out there i mean we had a minister in our last government um roger co gorman do an ad

01:10:29.040 in multiple languages urdu and all sorts saying come to ireland you will get your own

01:10:37.040 free owned or accommodation benefits galore it's like i mean you couldn't make it up we we did an ad

01:10:47.120 saying come here for free stuff well what a surprise they they came and this is a different type of

01:10:55.040 you know somebody that will come in you have genuine refugees that we are more i believe we have a moral

01:11:02.880 obligation and uh to to to to to deal with but so much if you look at the statistics of this stuff is

01:11:11.840 false is economic migration where somebody will come in and will lie and falsify and claim asylum

01:11:20.240 taking up a spot that is you're on the boat if you will that should be for somebody that's genuinely

01:11:26.720 fleeing real threat to life persecution and they will take the spot and they will take handouts and

01:11:34.080 doles and accommodation and homes i mean right now today back home in ireland at my place back gate into

01:11:43.360 my place there's a bit of land that i have on a 99 year lease with some other uh neighbors in the

01:11:50.880 village and there's a travelers caravan on it um and it's a family and they're looking for accommodation

01:11:59.360 they can't get me so now it's my it's my problem and my neighbor's problem because so much of our

01:12:06.000 housing stock has been given away um to uh people who uh shouldn't be given free housing or subsidized

01:12:16.560 housing when my father was a young man he's 84 now when he looked at emigrating to america in the

01:12:23.200 early 1960s he he he told me he said you had to put up whatever the number i can't remember the

01:12:32.080 numbers x number of dollars you have to show you have in your bank account you had to give the name

01:12:37.520 and address of the sponsor and they had to show that they had the means to look after you and to

01:12:43.440 accommodate you if you became sick and unable to look after yourself there were all of these conditions

01:12:50.080 to be able to just go to america to to to to emigrate to america now we're we're in is it

01:12:56.400 surprising that people will show up for free stuff and if you're a self-starter and you want to make a

01:13:02.800 go of it you're you know we're attracting exactly the wrong sort when we're saying come here for the

01:13:09.520 free stuff i mean you do need immigration you need to choose who comes to your country you need to

01:13:16.880 control immigration you need to make sure that it does not get to a scale where it destroys the

01:13:22.960 fabric social fabric and cultural fabric of your own society and the ability of whatever country you

01:13:29.920 are where you are in to be able to support it i have immigrants working in my company they're

01:13:34.720 brilliant people brilliant people tell you phenomenal talents we pay them very well um highly skilled

01:13:42.000 people we've got i've got people from more than 30 countries working in rivata space networks um

01:13:49.040 but there's a difference and treating all immigration as the same and saying we have to take anybody that

01:13:55.200 shows up is it's suicidal it's nuts and the we can't keep doing it we can't afford to keep doing it

01:14:04.080 declan what's the one thing we're not talking about that we should be

01:14:06.960 oh there are so many things um but uh well one thing that's uh and this is very niche area but

01:14:17.360 but we are massively overpaying for data so the way that radio spectrum is allocated by regulators in the

01:14:25.760 western world means that you are paying probably 90 percent more for data services

01:14:36.800 and mobile connectivity than you should be and if you um if you were to allow

01:14:46.720 data to be priced on us on accordance to supply demand basis the prices of data wireless data would drop

01:14:54.960 to a fraction of where they are now and we would have whole new industries services and applications

01:15:01.920 that would naturally be being developed by risk takers and china would not be in the dominant 0.82

01:15:08.080 dominant position it is now with quantum computing things like tech talk um and other areas of

01:15:15.120 information technology they would lose all the advantage and that economic advantage would shift back to the

01:15:21.040 west that would be a game changer economically for us all right head on over to substack where we ask

01:15:26.880 declan your questions artificial intelligence will create as many new occupations as it will destroy

01:15:34.880 what do you think will be some of those new high-paying occupations

TRIGGERnometry - September 10, 2025

The Technology War You Don’t Know About - Declan Ganley

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