00:00:12.600Like, imagine, let's just say you were once married, and you have a house,
00:00:17.240and this house later on sells for, like, I don't know, $5 million or something,
00:00:20.360like $6 million, and that money was yours.
00:00:23.000You worked your ass off for this, right?
00:00:24.920And then you have somebody like an ex or a father or a, you know, wife or somebody that's just suffocating all your finances, that you can't do anything.
00:00:37.280Everything, like when we ran the insurance company, every month we would have some people that would get wages garnished.
00:01:55.920Then we said, and we're also going to the other oil products so that you can't send fertilizer to China because, you know, fertilizer is a compound that also comes out of oil products.
00:02:14.140We're going to go after all of the things that are on there that the people need.
00:02:18.700Well, my question is, they may be suffocating a country, but do these particular leaders care if the people suffer, and is that going to get them to move?
00:02:28.880Well, I mean, the part that, to me, that is very interesting is, I think, Tom, what they're concerned about, yesterday I had Ted Cruz here, we did a three-hour podcast together.
00:02:38.340He came down, and we're talking about some of these trades, tariffs, how it works, does it work, does it not work.
00:02:43.820if you're doing this and i believe pakistan and turkey just signed a trade deal with iran
00:02:51.060and you keep hearing erdogan erdogan erdogan and there's possibility that israel may do something
00:02:56.300with turkey there's a conflict there that's brewing that people are watching very closely
00:03:00.480and then you're going to china and saying hey if you choose to do business with iran you're not
00:03:06.840doing any business with us you don't have to do it it is not a must but they're almost using
00:03:12.740Pakistan. And remember where the negotiation0.97
00:03:14.520was for the memorandum? It was Pakistan.
00:06:47.180So they're telling you, we know what you're doing to get some of the billionaires in your country that are doing it so it doesn't look like it's you.
00:06:53.980Kind of like what happened with Huawei many years ago when Huawei's daughter was the CFO who was in Canada doing a deal with Iran.
00:07:00.920and all of a sudden Trump said on his first term,
00:07:02.700guess what, Huawei, you can never do business with America,
00:10:54.220As fast as they were moving on HSBC, regional banks and everything picked up the slack.
00:10:58.580So if they get in here and they can step on the air hose, and the reason they want to close that bank is they want to close the wire and the transfer capability.
00:11:16.840Everyone has to be shut down because you're in there.
00:11:18.900So the question is, is this going to happen?
00:11:20.700This was huge, what they did with HSBC.
00:11:23.440And I think what they're talking about, when I read this and I see clearinghouses, transfer facilitators, that's all of the free trade shows.
00:11:31.540That has to do with the money moving around.
00:11:33.540If he's able to step on that, Pat, I give a greater than 50 percent chance of succeeding.
00:11:39.040Politically, I'm with Callan politically at 5%, if you were just talking.
00:11:45.560But if they get in there and they step on the transports, then the money can't move.
00:11:51.080Well, we've got to finish this war with Canada first.0.68
00:13:32.580Yeah, I mean, to me it comes down to one question.
00:13:34.680Like, how much do you care about your own citizens?
00:13:37.660Because what we can say about America and Trump, Trump cares about his citizens, but he's basically saying, listen, you might have to pay a little bit more at the pump.
00:18:34.800And they didn't want to destabilize the world banking system.
00:18:37.580They're stepping over this now because until Besson nails a large bank and takes them offline, the market, the stock markets are going to price this as a tax, Pat.
00:20:55.300So does that change your mind a little bit that this has partly worked in the past before?
00:20:59.200My instinct always goes to when I hear Besant start talking about punitive measures, I go to gun control.
00:21:06.760I just go, man, every time you try to say, I'm going to bring the hammer down, people find a way around these things.
00:21:14.100And when a country does that, when we start talking geopolitically and we start rattling swords, I always I'm cynical now because I go, how much is lip service?
00:21:23.160How much of this is political? How much of this is Trump?
00:21:26.120And the administration is desperate because they what they realize that they are in a war.
00:21:30.380They're we're stuck in Iran. And I don't I wouldn't know how to get out of it.