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๐จCRYPTO TALK RADIO: INFLATION DOWN. MARKETS LOOKING TO POP?
Recorded: April 10, 2025 Duration: 2:48:13Space Recording
Short Summary
In a lively discussion, crypto enthusiasts explored the evolving market dynamics, highlighting trends of growth and bullish sentiment as inflation rates drop and negotiations for favorable trade agreements progress. The conversation emphasized the potential for new token launches and the return of manufacturing jobs, signaling a positive outlook for the crypto landscape.
Full Transcription
Music What's a king to a guy?
What's a guy to a non-believer?
Who don't believe in anything.
We make it out alive.
Alright, alright
No church in the wild
Tears on the mausoleum floor
Blood stains the Coliseum doors
Lies on the lips of a priest
Thanksgiving disguises a feast
Rolling in the Rolls Royce caniche
Only the doctors got to some hiding from the police
Cocaine sheets All white like I got the whole thing bleached I'm Scroish Caniche, only the doctors got to some hot and drunk police.
Cocaine sheets, all white like I got the whole thing bleached.
Drug dealer chic, wondering if the dog's prayers reach.
It's pious, pious, but God loves pious.
Socrates, ask who's biased, do y'all seek?
Offer plate of streets.
I'm out to share a ball and I know you hear my sneaks.
Jesus was a cop in a yeasley lay beast.
Hoes, Lord, a holy ghost.
Get the hell about your seats.
Preach.
Human beings in a mind.
What's a mind to a king?
What's a king to a god?
What's a god to a non-believer? Who don't believe in anything.
We make it out loud.
All right, all right.
We won't shut you out.
We'll be right back.
We'll be right back.
We'll be right back. I'll live by you, desires, I'll stay by you, walk through the silence
Your love is my scripted
Let me in the old picture
Coke on a black skin made a stripe like a zebra.
I call that jungle fever.
You will not control the threesome.
Just roll the weed up until I get me some.
We formed a new religion.
No sins as long as there's permission.
And deception is the only felony to never fuck nobody without telling me.
Sunglasses in Advil
Last night was mad real
Sun coming up 5am
I wonder if they got cash still
Thinking about the girl in all leopard
Who was rubbing the world like Kiki Shepard
Two tattoos, one red, no apologies
The other said love is cursed by monogamy
There's something that the pastor don't preach.
That's something that a teacher can't teach.
When we die, the money we can't keep.
But we probably spend it all because the pain ain't cheap.
Preach.
Human beings in a mind.
What's a mind to a king?
All right, we're about to get started.
What's a king to a God?
What's a God to a non-believer?
Who don't believe in anything? Yeah, I know Kanye's's gone wild but like this is like one of my favorite albums man so i'm on the predicament man so it's like fuck it
all right good morning good morning good morning welcome to crypto talk radio
we had some fun yesterday right i don't know what i yeah listen we were talking about the
markets and everything and then at the end at the end all your tinfoil hats came out
that was it was funny you guys are hilarious all right listen
some say i was gloating about the pause market was not i was not i promise i was not i even
you know what today though somebody made me that somebody made me that anime with the chain with
the pause chain on it so i threw it up there i thought that was dope i haven't even looked at
the markets today let's look at the markets let's look at it real quick before we bring people up
here bitcoin's at 81.5. Ethereum's still...
I'm getting on the phone call with Vitalik.
It's crazy.
$15.77.
XRP, $2.
BNB, $5.75.
Solana, $1.13.
$0.15 on Dogecoin.
And Tron's still at $0.23. i don't know how they do it man that's just
so stable all right let me look at the meme yo you know what i haven't really looked at the memes and
well i looked at some of the memes but not all of them in a few days hold on let me look ugh it's alright well Mog made a rebound
by 50 mil
what else is there
okay
oh no not much
I mean like okay
I was reading
the news
coming out inflation is down
so that's a good thing. Let's That's right. Inflation's down. We like that.
Everything's looking good.
I don't know. Everything's fucking looking good.
The CPI numbers
were expected to be at 3%. and came at 2.8%.
So let's give another round of applause.
So there's only two ways you can go with everything that happened with Trump.
It's either you love what he did.
He stood up to China. Democrats have been crying about this
for a very long time
Nancy Pelosi, Chuck Schumer
others
stating you know what let's play the tape
we should play this tape
we should not just
let this go
we should play it
let's see hold on let's see let this go. We should play it.
We can find this.
Nancy Pelosi and Chuck Schumer talking about how far does China have to go?
How much more repression?
How big a trade deficit and loss of jobs for the American worker?
It says to the Chinese that their unfair trade policies have got to end.
It says to the Chinese, this is a shot across your bow.
Reform, because if you don't, there are going to be dramatic consequences.
How come when these Democrats...
So Democrats have been yapping about this for years, and here comes Trump.
Trump does exactly what they have been asking for
somebody to do somebody with balls in the oval office to go and do here comes trump he does it
this man can't win i gotta tell you he he is absolutely right he can come up with a cure
for cancer for fucking hiv he come with anything, and they would still say something.
Somebody would still say something.
It's wild.
Yesterday, I'm watching.
I don't watch mainstream media a lot, but I put on Fox,
and I'm watching a dude sit there and say that Trump folded.
And you see all these Democrats,
all these fucking social media influencers from the DNC
out here talking about he folded.
What are you talking about?
He folded.
Use tariff as a tool.
There will still be tariffs, 10%.
Unless there's an exceptional deal.
Have you not been reading?
Have you been?
It's just wild to watch American citizens root against Trump.
He's trying to bring investments back into America.
investments back into America.
He's trying to create more jobs in America.
He's trying to create more jobs in America.
And you have Democrats, liberals,
that are running around here,
besides keying cars and burning Teslas.
Okay?
Now they've gone with manipulating the motherfucking market.
Let's not talk about Nancy Pelosi, though.
Let's not even touch on Nancy Pelosi
and how somebody on 150, 200K government salary
is at $350 million.
Let's not touch on all these Democrats
that are caking okay on 150 to 200
thousand dollar salaries okay
let's not even let's not touch that
inside of trading manipulating let's not talk right Schumer
yet this president came on social media and he said it's a good time to buy three hours before
anything happened I don't know how that's insider trading or manipulating the market
I don't know how that's insider trading or manipulating the market.
Using tariffs, how is he manipulating the market?
You guys will find any reason to dislike this man.
This man could go ahead and erase the $36 to 37 trillion dollar fucking debt that we have and you'd still
find a reason to dislike him and that's bottom line so you're either gonna like trump or you're
not and i've said this plenty of times already i'm an american citizen no matter who is in office
democrat or republican independent I will support them.
You know why?
Because I love this country.
I'm a proud fucking American.
I am not going to root.
I'm not going to root for somebody to fucking fail.
That's not the American way.
We want America to win, regardless who's in the office we don't
have to agree with everything that comes out i don't agree with maybe temperature 10 of the
that trump is doing but you know what the pros outweigh the cons
you guys need to give up you know what you need to do? Since you guys want to support China, by the way, you need to give up your passports and go move to China.
Have fun.
A lot of you guys say that is great there.
Have fun.
The minute that they censor your speech, I don't want to hear it.
Don't ask for your passports back.
Stay in China.
Stay in China.
Stay in China.
Have fun in China.
Have fun in China.
You'd never be able to go ahead and talk like this in any other country.
Rooting against the president, calling him a dictator, all this.
Y'all lost the plot.
The Democrats will never see the fucking Oval Office.
I'm telling you, for the next 20 to 30 years, you better pray that China doesn't bend the knee.
Because they are going to bend the knee.
But you better pray.
Pray that they don't.
Because if they do, it's over for the democratic party you will have nothing you guys
are literally out here on social media platforms protecting criminals undocuited undocumented
criminals begging for them to stay here you guys have lost your mind.
Anyway,
let's have some people up here. Let's have a
conversation.
I'm keeping my monologues
for four minutes. I'm trying.
Good morning.
Good morning,
gentlemen. How's it going?
Yeah, I'm GM, Dave. How you doing, man?
Killing, man. This shit is crazy, bro. You can't gentlemen how's it going yeah i'm gm dave how you doing man chilling man
this shit is crazy bro you cannot lie this motherfucker really said
it's a great time to buy and then slung shot
the entire i don't know
what do you call it trad five markets well everything really that was that was
wild that was wild it's been an interesting i still have my true social true social notifications on from uh from the
coin that he and his wife launched uh been a very interesting little bit of time in these markets
man always is though right it is but like you know like we gotta fix this fucking economy we gotta fix this
economy and long term everybody's gonna be good okay the president of the united states is rooting
for retail to win what's so bad about that he does not want that's phenomenal that's amazing
nobody everybody had that it's just wild to read comments it's like oh my god look look what he did yeah look what he did
he came out and said that he does not want wall street controlling the economy he's loud he's
literally trying to get retail to participate he wants to get rid of the foreign entities controlling
44 of the stock market like what is wrong with Americans, man?
Like, y'all lost the plot.
I'm not talking.
Listen, if the shoe don't fit, you know the saying.
Just keep it moving.
I'm just, I'm lost by reading the timeline.
You guys claim to be fucking proud Americans.
It don't sound like it.
It really doesn't.
A guy, we have a president who is active here for four years.
We haven't had an active president.
Let's keep it for what it is.
I'm not even trying to make fun of Biden.
We just haven't had an active president.
Motherfucker couldn't muster it up.
Two words.
Two words.
Maybe, okay, fine, I'll give him.
I'll give him. He might have been able to go ahead and
say two words but after that he was yelling and screaming i didn't understand what the fuck he
was talking about nor did anybody else and you had all these liberal fucking media fucking outlets
protecting him like come on what are we talking we are you know it is? This is very new for us because for four years, we've been just like, I don't know, like we've been uninformed.
And the only people that weren't informing us were mainstream media heads.
Now we have a president and he is moving at supersonic speeds.
We're not used to it.
We're not accustomed to somebody moving at this speed.
And I don't know.
Like, I love this. I love this. You know like i love this you know i love this you know last night
nobu space good morning by the way uh we were uh discussing you know communities and you know
people being not really anti-social but you know just glued into their own reality you know their
cell phone you know they're not really engaging with their neighbors and stuff like this.
I think the narrative is really me first.
And, you know, as long as I'm OK, it doesn't really matter about the country and stuff
like that.
But I think, you know, times are changing.
I really do.
But right now, you're going to have people out here that the only thing they care about
is their bag and what it looks like right now, you're going to have people out here that the only thing they care about is their bag and what it looks like right now.
It doesn't really look like what they're wanting it to look like long term for everyone, which is when everybody wins.
You know, as an American, like you're rooting.
Put away party affiliations.
As an American, don't you want America to to just do well have you guys had like we
had we went through inflation all this shit we can we can just name it all in four years
aren't we as americans just tired of it we got somebody in office that is attempting
to help us regardless of what bracket you're in
he's attempting to help us
and we're sitting here
just like dogging him
it's just really weird man
it really is
it really is
of course a fucking comment comes in
from a fucking liberal
you can go ahead and
freedom of speech applies to everybody
have fun
talking on the timeline you sound like idiots though you sound like idiots you look like idiots
when you i just saw a video you guys scratched up and this just proves the point you guys scratched
up and keyed up a tesla and the guy comes out records of you saw the video the guy records a
video he's like i'm a democrat and you guys are keying my car.
Great.
Good job, guys.
Great job sending this message out.
I mean, like, you guys are retarded.
You got nothing.
I don't know what you're going to win on, and I don't know who the fuck is going to vote for you guys in the midterms.
Like, anybody who votes for a democrat 2026 you have problems
and your problem is that you are so stuck on woke and your fucking pronouns which yesterday
i saw a clip of cnn and fucking what's his name uh what's his name anderson cooper he got violated
him and bernie sanders because they were like well we have this woman
here uh she's a lawyer and she goes no no no I'm they them get the fuck out of here with these
fucking pronouns they them what the fuck does that even mean what does that mean
because somebody explains to me what they them means?
It means retardation.
That's what it means.
I'm sorry. I'm losing it because this fucking woke
virus. They them.
Whoa. You imagine
walking up 30 years
ago. Yo, no, no, no. I'm
they them. Like, who's they?
You start looking at it. Yo, you call 411 for medical assistance.
Not 911, but you call 411 to get a straight jacket on somebody's ass.
5150, we like to call that.
Good morning.
Oh my God, good morning.
Yo, I'm just, you know, I'm going to let you get this mic.
Go ahead, go ahead, man.
I'm amped up, man.
I'm amped up.
I was just going gonna give you a little
bit of lotus flower that's all just kind of take it down a bit you know make make make it all good
right um it's unprecedented times and you made the comment and the con what rings true is what
people aren't used to with someone leading the country is telling them like it is unfiltered
unfettered that's what he does and people don't like it they're notiltered, unfettered. That's what he does. And people don't like it.
They're not used to it. So they react, right? Look at Gavin Newsom, the great
governor of California. You know what he's doing now? He's doing podcasts and he's being interviewed
with Charlie Kirk. And a really good friend of mine, he's one of my dearest friends, he's pretty
liberal. Well, don't you think he's evolving and pivoting?
And I said, no, he's realizing that the Democratic Party is actually going to be non-existent unless he does something.
And in his bid to run for the White House, it's all about trying to get back the votes.
get back the votes so um i agree with you i just i just wanted to come in real quick and give my two
So I agree with you.
little cents because i'm gonna not look at the charts and not look at the market and have
cautious optimism and optimism and i'm gonna go for a surf and enjoy the day life and glory out
there with his floaties on that surfboard gotta love it i respect it um yeah gavin newsom is trying to appeal to the republican
party like he's you know masculine and you know he's not about that left come on stop
we know where you stand bro you you ban fucking memes all right you you dude ban memes like that's all you got that is your democratic
party man they banned memes it what was it it was because of elon they went ahead and put in the ban
for memes like come on what are we talking about speaking speaking of people speaking of people you know uh democrats and memes uh portnoy is on fox business right now
i i lost a little respect for portnoy i can't front okay i saw his interview on cnn
very disappointing i because and that was before you know and then he started like you know what
it is it's how it's whichever the way it's whichever way the fucking wind blows with Dave
because as soon as the markets reacted with the pause of fucking tariffs,
he was like, oh my God, I told you.
Dancing around, and I don't even know if you want to call that dancing,
but he's dancing around, okay, with his baseball bat.
I don't know, celebrating good times.
Come on, shit.
All right, cool.
You're right.
He came out and said, oh, I just made $8.6
million. I mean,
how fucking out of touch of reality
is someone like that, you know?
That's going to go out and publicly say that.
I just made $8.6 million
this morning. Fuck off.
But it was before that,
though. He was on the news with them
and he was like, well, I'm not like that
MAGA guy. Hold on hold on bro you are totally
totally totally about that life okay i'm going like regardless of what happens i will ride with
trump that's it will i will like call out things that i don't like yeah because you're allowed to
there's nothing wrong with that it's like watching sports right
like oh like i thought he could have made that play you can say like that but like he's
the first person to take on china man china is like literally bending us over and like people
have a problem with this yet the democratic party was all about this you guys the democrats put in this awful
fucking policy into place you made china what they are today okay so i don't know man this
whole tariff situation is so it's so wild man america is not allowed to do anything but every
other country can it's just it's so you look at it from like a, you know,
a lot of people that I've spoken to that don't live in
this country. They're like, yo, listen, man, you
guys are getting bent over.
Like when other countries
are literally, we've had people come up here and say like,
you literally get bent over. So like,
anyway, markets will
react. I knew the markets would be like
iffy today. obviously we we almost
what we hit three was three thousand points i knew they'd be iffy today um we gotta wait for
the china deal to get done and i think china i think that deal gets done quickly i really do
think that'll get done quickly you can already see see they're both trying to open up communications with each other.
We will see a deal, and I keep saying this, they won't punish them publicly.
They will not punish China publicly.
That is not the way China knows.
I believe this. China knows they're in a losing position.
They are in a losing position.
They're going to negotiate a soft landing with the United States of America so they don't look weak.
The last thing they want to do is look weak.
They're not going to look weak.
And Trump will provide that soft landing for them.
I believe it.
They will have that soft landing. You'll see
the press conference. I said this yesterday. You'll see
a press conference. They'll shake
hands. They'll be very cordial
with each other. They'll talk about
how they're going to work together and all that stuff.
But the U.S.
will win.
And then what? But you know what they'll do the mainstream media will
spin it as liberal media basically will spin it as oh trump conceded no if you really understand
what trump's about to do he's just going to make sure that they are good on their side and they look good on their side when the shit is announced, when they have that glorious press conference and the United States of America comes out the winner.
Not one country, by the way, is going to go against the United States of America at this point.
People are coming.
Countries are coming.
They're about to sign these fucking
agreements they'll lower the trade barriers that we've had these tariffs they're all going to go
away and the united states of america needs to step up after that happens people in the united
states of america need to step up yeah i think once they come out with the trade agreement
um i think the market is going to fucking rip.
Let's be honest.
This whole tariff shit was Trump versus China.
He included everyone else because they also needed to be included.
But at the end of the day, it was basically against China.
So once they make that announcement, I'm telling you, the market's going to go.
That's why I'm not concerned at all.
It's just any day now.
That's kind of how I look at it.
I give in no more than one to two weeks because they don't want to lose money.
Nobody wants to lose money.
At the end of the day, it's pride.
Bingo. they just at the end of the day it's pride bingo i was about to say the most important thing to those guys is not losing face with their own people you know the asian people you know whether
it's you know japanese china whatever they're very proud people you know they they don't and
trump's gonna you know give it to them he's gonna you know negotiate hard and then at the end of the
day he's gonna say look you know these guys are very nice people you know, negotiate hard. And then at the end of the day, he's going to say, look, you know, these guys are very nice people.
You know, the people of China, you know, they have a tough government, but, you know, all is well.
We're not going to destroy them publicly, although we could and should.
You know, we got a deal done. And that's all what Trump is about, getting the deal done.
the reports keep coming out uh that trump acknowledged that he could cause a recession
but just didn't want a depression according to the wall street journal look
we won so far the united states is winning trump, here's my thing.
You can't be mad at somebody who you,
by the way,
this goes for Republicans,
right?
Or anybody who voted for Trump.
You can't be mad at Trump because Trump told you this is exactly what he's going to do.
So there's no way you can be mad at him.
He said,
if he becomes the president of the United States of America,
this is exactly what he will be doing.
Long-term,
I believe,
somebody can check me on it,
I believe long-term,
we will have a very strong and healthy economy.
So short-term, if people will loss a little bit on their 401ks, if people obviously lost on their, you know, if their assets have gone back a bit.
Okay.
But that's a short term thing.
You don't, as soon as that China deal is announced, what do you think happens?
What do you think happens as soon as that China deal is announced, what do you think happens? What do you think happens as soon as that China deal is announced?
It's about holla, baby.
That's it. It's off to the racist.
And now,
I'm telling you, May or June,
the Fed will have
no other choice. They just
won't have any other choice.
He's already applied to the...
We didn't talk about this yesterday,
but he's already... He's trying to get rid of Jerome Powell.
He's trying to get rid of him.
Yeah, he has to.
Through the Supreme Court, he's trying to see if he can get rid of top officials, okay, in certain agencies, and he's aiming for Jerome Powell.
So, we shall see what happens. Right. But I don't know.
Like, I don't know how you cannot be bullish on a president that speaks on a mic that's available at all times.
I don't know. I don't even know how he does it because most 25 year olds on here.
Okay. They can't do what he's doing.
Like this dude was flying,
like his campaign,
it was flying all over the fucking place.
It was in fucking,
it felt like in nine States in one day talking nonstop.
Anyway,
welcome to crypto talk radio.
Crypto's crypto will be fine.
Crypto will be fine. Crypto will be fine.
Do you know, if you look back for the last few months,
everything that has come out on crypto has been positive.
There has been nothing negative when it has come to crypto.
The latest, I think we talked about this yesterday,
DOJ, that unit completely gone.
That crypto unit gone.
Like everything from the Biden era, which was it was like everything that he put into place to cripple the grip.
I should say control crypto is now gone.
It's gone.
How can you not be fucking celebrating?
You're a one issue voter, right?
And let's say the only issue you had was crypto.
Yo, he delivered.
You want to talk about him coming out with a meme token and then Melania?
and then Melania, like, go for it.
Go for it.
Talk about it.
But, like, if you think the market wasn't going to reverse, it was.
Anyway, Landy, what's going on?
By the way, I'm being told that I'm being fined for yesterday's comments
on the nightly recap.
I don't know what I said.
I was just saying that you were being held hostage,
which I felt was the truth. I saying that you were being held hostage which i felt was
the truth uh i felt like you were being held hostage but then like you guys started talking
about makeup and stuff and you it sounded like e like before like the grammys or the tony awards
or some shit you guys got into it but did you say makeup uh what were you i don't know i think it
i think you watched something else No, no, I heard
I heard what I heard
And I can go look at the comments
I'm just saying
Well, good morning, David
It's actually afternoon
But I'm still jet-lagged as all hell
Look, I think that
I feel as though I was not being held against my will.
I had a really good conversation with Leslie.
And, you know, I think that some of the comments in the chat were a little uncalled for.
Today, I'm feeling good, though, because I have gone out and purchased a set of turtlenecks and i am ready i am ready for
the rest of the week i'm ready for the weekend you know we're gonna hit the ground running and
just a little bit slowly i think the turtlenecks uh sparked the comeback i don't know i think trump
saw me might have saw me on the late night you want to talk about a pause david
pause i think turtlenecks back pause i think i'm bringing them back that's what i'm doing
landy what's up what do you see on these markets right now listen i know uh the pause uh market
you know it's going going viral and stuff.
I've already trademarked it.
Shout out to everybody who...
But what do you see out here, man?
What are you looking at today?
I mean, I'm looking uh markets that set a low
lower lows and we need to see these lower lows hold and we need to see upside breaks of structure
that means that the last highs meaning the lower highs that markets across the board had made
lower highs that markets across the board had made need to be taken out while these current
lows hold. We need to see crypto dig out of the hole. We need to see traditional markets dig out
of the hole. And one of the interesting things, so this narrative of market manipulation is going
around. It was clear manipulation, and then the examples of the 90 days thing leaked.
And then he said they made them retract.
And they don't seem to understand how negotiations with nations work.
Because everyone in this space views things through markets and market manipulation.
And then, of course, now they're getting more evidence. There's a video
where he's talking about Charles Schwab made billions of dollars as if these people manage
their own portfolios and actively are sitting down to trade the markets. Look, it's very
interesting to me because the actual short trade in markets has been there for a while.
the actual short trade in markets has been there for a while. The short trade in markets
has been there since the run into April. So anybody who wasn't actively short was not actively
short because they didn't have the capital to do so. And even hedge funds were actively short, even the ones that had to unwind and sell all their corporate treasuries and their US treasury assets in their dash for cash, also known as a cash dash, to go and cover their margins.
Like it's interesting to me because everyone will cry market manipulation no matter what direction things go.
And there is no winning.
anything that might be news or political related as money and politics go hand in hand,
often forget that Bitcoin was born out of a political environment that turned into a financial
crisis, right? And it involves politics and finance, right? And that's what we are like standing on the shoulders
of in this space in crypto.
And yet anything that happens in politics
or anything that happens in finance
that doesn't seem obvious to them is manipulation.
And I just think that it's pretty funny,
especially as someone that's been talking about this
since last year, this particular like,
hey, we're going to have a big event first to second quarter. And I've said it over and over
and over again. I'll refer back to it because I have a track record. It's on recordings. It's on
spaces events. I was like, no matter who's president, doesn't matter what the narrative is,
first to second quarter, it's a big one.
And then we have to gauge from there.
And now we're in that space of time where we have a political environment that is hyperbolic and very divisive.
And there is no winning.
And now there is people who are upset on all sides. And the funny thing is, is
Main Street didn't get hurt in this, which is interesting. It was the big players who got hurt
in this, which is why we saw the exit from corporate bonds and treasuries. And we might see more of that. There might be more pain ahead.
We don't know. We don't know if the political environment that's being set up right now with
this 90-day pause, there's things that could change between now and 90 days. And then, of
course, this is for all the other nations while China and the United States go back and forth with each other, which is a lot of saber rattling.
And it does have real outcomes on the other side of it, right?
So everybody's focused on just what's happening, what would happen here in the United States,
ignoring that we do a lot of AG over in China.
And there's other things that we do export, but not to the levels of which we want and what the administration wants in terms of getting product into China.
But with these tariffs, we are seeing real cost go up, which is why there's decisions being made around the ports and exports and a whole bunch of different things that are happening here at home.
But this is a lot of saber rattling on both sides that causes both inflationary and deflationary pressures.
Because supply that's stuck here means that we have to deal with either local trade partners or the other 75 nations that want to do deals.
or the other 75 nations that want to do deals, right?
Or it stays here at home, which will bring the cost of goods down,
which is one of the reasons why we saw inflation come down.
Why? Because energy came down.
Staples came down.
We're going to see some more of that
while getting inflationary pressures on the other side of it.
And it's going to hurt temporarily until there is a deal reached. And no matter, you said it perfectly, no matter what the deal is,
the narrative here on one side is going to be capitulation, had no idea what he was doing.
And on the other side will be absolute genius, art of the deal. And none of it really matters.
The core of what is occurring as an agenda being implemented is what actually matters.
Because it's a campaign promise, something that he literally ran on, whether you like him or not, that he is implementing.
There is both good and bad in the short term
for people here in the United States, good and bad in the short term for the markets,
and no one knows if it will turn into a longer term bearish situation of markets.
But everyone obviously is a geopolitical expert now. Everyone is
a tariff expert, an import-export expert, and obviously everyone in this space understands
market manipulation because if it didn't go in their direction, it's obvious manipulation.
So everybody's a manipulation expert as well now. But we have something to look forward to, David.
Next week, everyone's going to be a tax attorney.
Everyone's going to know what it is that you should be doing when you file your taxes,
what tax codes should be changed.
And it's going to be great.
So we'll have a narrative shift.
And I think you're probably going to see the Trump administration start to focus on that
because it is tax season.
So they're probably going to start shifting gears to the next narrative.
Tariff narrative is not going to go away, but taxes are right around the corner.
So why not just roll with it and maybe unfurl some of that tax agenda that they've been
hinting at for a while, which should, if they do and it's received well, in general would be good for markets.
But don't get it twisted.
It's a downtrend and it's a heavy one at that.
One green day does not make a reversal.
We have to see how the market builds on top of that nice green day yesterday.
Give it a few weeks. Fuck fuck give it like a month or
two it is tax season people will be selling off their assets to go ahead and pay bills so
it is what it is i mean like but let's wait like give it a month or two i think in a month or two we'll we'll go
ahead and see a really really healthy market again i'm not saying that bitcoin's gonna be at 120.
i'm just saying we will see a very healthy market come a month or two from now i i believe that
i believe that can anything happen of. Can anything happen? Of course.
China can go say, go fuck yourselves.
We'll do some crazy ass shit and the fucking markets react.
I get the whole thing.
Plus, I also understand that there are people in the stock market, the Wall Street bros, don't like trump right now you just said something
which was like i mean trump is catering to main street he's not catering to the wall street bros
they came out and stated it i said this earlier they don't want wall street controlling
the economy trump doesn't he doesn't want them to control the economy so i'm sure
they'll do everything possible to go ahead and fuck with them as well.
Well, hedge funds and private equity got, for those players that were involved in the market and have been involved in the market and just did their quarterly rolls, those are the ones that got absolutely destroyed because they didn't have the optimal short position.
destroyed because they didn't have the optimal short position. And you can see it in the VIX.
You can see it in the different assets that sold off more aggressively than others,
you know, kind of where the positioning was. Now we're going to get various funds reports in
end of the month. And then of course the end of this quarter, and we're going to see which players got hurt the most. But trust me, the 9 to 5 workers weren't out there logging
into their 401ks to sell off stock. They weren't in there selling off corporate bonds. If anything,
asset managers were doing the smart thing and getting in on some of the actual higher interest rate bonds, which
is one of the reasons why we started to see a reversal on the other side.
We saw some buying on the other side of that to take advantage of some shorter term and
longer term interest opportunity.
And then we saw VIX decline very, very sharply once it hit a specific level that was very similar,
not quite as high as 2020, but very similar. And that's positioning. That's your asset managers
that are managing portfolios and pensions and that kind of stuff. But on the other side of this,
you got a lot of PE and hedges that
got absolutely wrecked. Those who weren't positioned, that was a lot of forced selling.
And we saw a massive deleveraging in the markets. And that's a good thing, not a bad thing.
So people are going to have an opinion about manipulation and who's doing what, where, why, and when. And that's okay. They can
have a narrow view of what's actually happening. And they can miss the point. They can miss the
forest through the trees in that there has been a fundamental problem, especially when it comes to China. And it's looking as though China, you know, and I think you just mentioned this, right?
It's looking as though this was always going to be a showdown between the United States and China.
And it's been many years in the making.
years in the making. Democrats and Republicans have talked about the trade imbalance,
the stolen intellectual property, the thumbing their nose at the WTO rules,
not living up and honoring the agreement. You can go back, you can look at 2017,
Schumer talking about it and how he was pro-tariff and what Trump was doing. You can go to
what Nancy Pelosi has said, all these dem all these, uh, demigods, even on the Democrat side.
And it runs the gamut. Those are just two recent examples that have been showing up on the timeline,
but also on the Republican side. And Trump has been pretty consistent since the eighties,
uh, when it comes to tariffs. Right. So is there going to be a good result at the end of the day?
But that's what I've been saying landy
it's like i think people think he like i really feel like there are people that think that he
just came up with the shit like he just no like this motherfucker has been talking about it for
fucking 40 years and that like i don't know if i should post the oprah tape like and have everybody
just watch 30 minutes of oprah just
letting him like talking about the subject and letting trump go crazy on it like he's like yo
he literally said he went to japan now one american product was there yeah it's like come on
like what what the fuck are we arguing like listen i get. And this is why we can't have a two-party system.
Like, I've been a big, I've been very vocal when it comes to the two-party system.
It doesn't work for America.
It doesn't.
Just having the Democrats and Republicans.
I'm a Republican.
It doesn't work.
It doesn't work.
You need more than two parties.
The founding fathers would tell you that. You need more than two parties the founding fathers would tell you that
you need more than two parties because nothing gets done look okay we've been talking about like
we've been talking about the midterms right what happens if the democrats win seats and now they
they get control of the senate or the house what happens now you get a stalled agenda and everyone
knows this including the trump administration the fact of the matter is is what i what i find
hilarious is that there's um one side that of course the narrative that they're trying to get
up and running against the other is oh see you voted for this. Yeah, no shit. And it's been the same policy forever. You can
disagree with tariffs, you can hate the guy, but that's what the majority of people voted for.
And the people who voted for him weren't single issue voters. That's not what pushed him over
the line. There was a lot, it was a lot more. It was the confluence of policies that he had put together and ran on that people voted for.
I've been talking to people throughout yesterday and then earlier today.
I even took a few more meetings.
And the funny part is the mood in Washington is actually one of resolve. resolve, and I was not actually expecting that because there is what we see is this hyperpolarization
on the timeline and in rhetoric and on mainstream media from political figures.
And it's funny because political and nonpolitical figures that I've been able to have discussions with fairly recently, there is a
distinct understanding of what's going on despite what we're getting as a narrative.
And it's something that I have not seen in my travels in this space, in the world, and especially out here.
It is odd.
There's an odd mood, and it's not one of panic.
It's not one of despair.
It's not one of argumentativeness.
It is actually one of like, hey, we're getting shit done,
which is an interesting thing to see on both sides of the aisle, even though we are not seeing that being presented to us.
So I'm I'm very interested in how this plays out going forward, especially as more policy agenda gets out there and starts to be implemented.
I just I wish they would work together, man. I really wish they would work together man i really wish they would work together i understand
why they can't but like man this is the united states of america we need people working with
each other in order to get shit done to root for like the biggest thing to me that i can't get it
i can't get it out of my mind is Americans rooting for China and showing sympathy
to China. A country that shows none to us. It is so wild to just sit back and read these comments.
And yes, you can go ahead and write whatever you want. You can write what the fuck you want, bro.
I'm allowed to go ahead and make them comments the same way you make comments about my thoughts raddish what's up man i saw you had your hand up hello baby how's it
going david what's up landy how's it going bro um dude like people people are overreacting um
like i just saw a post a little while ago saying that that 10 item now is going to cost you $24.50 on Amazon. I mean, look, I design, I manufacture, I import, I distribute clothing, shoes, all that stuff.
Bro, like this whole war with China, honestly, it's not impacting me as much as you actually think.
And if you look at the manufacturers in the United States,
how many, like for instance,
let's take a look at the textile company, right?
You say, oh, clothing, China, here, there, whatever.
Do you know how many clothing companies
are sourced for production in different companies?
Like for instance,
if I'm making something that's 100% in China,
but I have the capability of doing it in Bangladesh or India or Myanmar or Vietnam or Indonesia,
you can source all of your materials out of China
and ship them.
Or for instance, to that company, I mean, to that country that you're going to manufacture in, whether it be Indonesia or whatever it is,
bro, and just import your stuff at a 10% tariff. Like, there's, like, it's just not going to
fucking happen, bro. We're not stupid. We're not idiots, you know? And, I mean, do you know and and i mean do you know how many people actually import and they just report
how like for instance dude there's a lot of underreporting that fucking goes on dude
like a lot of these small companies these importers that are out there they fuck around with the um
they fuck around with their paperwork dude you know until they, until they get caught. You know?
Like, it's insane, dude. Like, if they're paying, let's say, $10, man, they'll fucking
import that stuff and just, like, claim that,
oh, it cost them $3, bro, and pay less duties
on it. I mean, I know, like, that
window is, like, fucking closing in
and stuff. And I'm not saying that I
do that. I don't. Okay.
But there's a lot of fucking people that, you know, that just
fucking play the system because, you know, all it all right cool man this factory gave you um this cost they
made you a performa invoice that was a lot cheaper you know which is 30 percent of whatever the hug
and invoice is you know then you pay duties on that you know and you get away with but you can
only get away so far right until like you get fucking caught. But yeah, but people will be, companies will be diverting aspects of their production.
It's not a matter of, oh, I'm getting something made in China or something that's made outside
and I'm finishing it in the United States.
It's something like I made a USA label on here.
No, man.
It's insane.
It's crazy.
And this is the way that a lot of companies are actually strategizing.
I've been to Bangladesh.
I've been to DECA.
Okay.
Like some of the biggest clothing manufacturers are actually out there.
Okay.
Levi's manufacturers out there.
You know, when you think about Levi's, San Francisco, right?
Fucking American.
Like when you say jeans, levi's bro dude they're paying a worker out
there 60 a month okay to cut and sew a pair of jeans that they're retailing out here for 40 50
60 70 bucks bro like it's insane dude um but um but yeah you know i think that i mean like even
like right now like i just like uh like half an hour ago, there was, like, news that came out that, oh, now the tariffs are 145%.
I mean, like, dude, this is, this is, like, they're playing, like, tennis, bro.
Like, it's going back and forth, bro.
Like, what the fuck is this, man?
Honestly, it's like a fucking joke, bro.
Like, all of a sudden, overnight, 145%, bro.
Like, we don't have the infrastructure.
We don't have any of that stuff, like we have nothing okay we have nothing in this country that can allow us to
um to kick off and and and and and produce um any of the everyday goods that we manufacture and make
like it's but you know it's just funny that we just gave it all away to other countries
and like it's not a matter that we gave it all away we did we did we we fucking outsourced
everything bro like we just fucking said fuck it we'll be buyers okay what's gonna happen now
david you know like let's say you say prices go up. Everything goes up.
I mean, there was mayhem. But hold on.
Here's my thing.
What exactly is going to go up?
Have you not received any emails from, if you're subscribed to Walmart or if you're subscribed to Amazon,
they're already sending out emails out there saying that prices are going to go up.
And if you realize all the fulfillments and all the products and all the sellers,
everything you order, even though it's prime, doesn't necessarily mean that it's being fulfilled by Amazon.
No, it's being fulfilled by Chinese companies, Chinese sellers.
And it's telling because I got some aftermarket shit for my Tesla and shit.
And they sent an email.
I saw it yesterday.
And it said, today's the last day due to obviously the tariffs.
It's affected us.
And now it's just a dead giveaway.
Oh, you get your aftermarket parts done in China.
Got it.
So they're applying a tariff on their part.
But a lot of the things that
i'm thinking about like oil like gas is down right is gas down for everybody like yes or no
like i'm looking at the most important things gas is gas is down right here's the big inflation's
down gas is down i'm looking at the most crucial parts for me to live like like i'm not i don't give a fuck
about tell me exactly are you talking about like luxury items or are you talking about necessities
well let alone luxury items i mean luxury items are gonna go up fuck luxury items like here's the
thing though this is still a force through the trees argument because on one side you get inflation on the other side you get deflation because one of the biggest things that you're going to see, especially with China, is what you're going to see is more energy and agriculture staying here at home, which means that staples go down while luxuries might go up.
And this is the dichotomy is you're going to see a lot of hand wringing about one sector of the economy or a couple of sectors of the economy that will be rising in terms of price while everyone ignores the deflation in other key areas. especially here at home, because when gas goes down, when we have price per barrel goes down,
when natural gas goes down and energy prices get cheaper, everything gets cheaper in our entire
economy. It is literally the base of our economy. And when you have that get lowered, you now have
deflation in one sector and inflation in the other.
And this is something where I've said this many, many times.
You have an inflationary aspect of tariffs and a deflationary aspect as a result on the other side.
And we are going to see that.
We are already seeing that.
And it's only going to happen more, especially if there is no resolution for a while. You're going to see
deflation in staples, deflation in energy here, while you get inflation on the other side for
imported goods. And Radish, you said something key. You can go through and have your stuff
that uses even Chinese products, right?
Chinese product that's being manufactured in other countries.
And then you can get it in that way.
There's a million different ways to do this that people aren't looking at.
And businesses at the end of the day might be paying a little bit more in the shorter term until there is a deal done.
paying a little bit more in the shorter term until there is a deal done.
I need to ask maybe Radish, David, what do you guys think?
You think that this is going to be forever, that we are going to see no trade deals, there's
going to be no negotiations, and we're going to have to massively change the way that we
do business with some of these other countries?
I don't think, I don't know, like maybe I'm naive, but I don't think so.
I really, I think, I think the media is really pushing this whole narrative. I really do. And
I think, you know what, i think there are some companies that
are using this to make more profit that's all i that that's what i really believe and by the way
like if it's really not a necessity then you shouldn't get it i'm being that serious right now
if it's not a necessity, why have it?
And if you want it so badly, then you're going to have to pay extra for it then.
Like Ferrari came out and they put 10% on top of their fucking cars.
But you know what?
Oh no.
People that buy Ferraris,
they'll spend the extra 10%.
They don't give a fuck.
They're not.
People who buy Ferraris are not negotiating on price.
Maybe one out of ten but like
you're going in there and you're buying it like you would go in and buy a tesla like there's no
negotiating on a tesla in the same way you're not negotiating on a ferrari so like there are things
that like okay the wealthier still gonna buy look look at the pandemic right when the pandemic hit
where people did people stop buying
fucking... Did people stop paying
the prices on fucking exotics?
No. Exotic prices didn't
go up. Like,
the Lambos, the Ferraris, the
Bentleys, all that shit, it relatively
stayed the same.
The shit that went up
with a fucking just regular car, like Nissan,
Toyota, like, all that shit went up, right?
There were markups of like $10,000 and shit like that.
But luxury cars, like they didn't go up.
Stay the same.
Well, maybe some dealers shot them up.
Maybe some dealers.
Look, will we go through a period where things will be a little bit higher in price?
Yeah.
But those are luxury items.
Good morning, Landy.
I do think that what we're doing and what we're going through does have definitely the possibility and the power to change the way we do business in the future and moving forward.
And, well, my point to you.
Yeah.
Yeah.
Yeah.
In America. No, no. and well my point to you yeah and yeah yeah in america's no no if you go talk about changing
business then it's actually a good thing for americans yes americans have been getting
fucking robbed so yeah great we'll finally get to negotiate to where we get fucking things for
a bit cheaper okay like so people can actually make a
fucking profit here i'm talking about real quick i just want to say soul's kind of dumping right now
and it's probably going to go down maybe a little bit more as well looking at the charge
yeah i don't give a shit yeah i mean the markets are doing their thing. But my point is that if you're looking at the amount, the percentage of tariffs between China and the United States,
everyone is ignoring the fact that, one, there's going to be a deal struck at some point.
They can do the O'Leary thing, and you can slap on 400% and you can do the same and they can
keep going back and forth. At some point, the problem will be solved. And it's going to be
solved by either you bring more production here at home, which increases supply and rehomes the
capital here, brings that trade deficit by doing so,
which creates a stronger dollar versus the yuan, for instance,
which we already see.
The yuan is a vector for the dollar anyway.
So we are in a market environment
where there's a bunch of fear on,
inflationary fear on one side
and how that affects regular everyday people.
But then there's people who are ignoring the other side
of all the deflationary aspects that are already rolling, right?
And if anyone thinks that it's going to be a permanent thing
with no solution, then they're blind and they're blinding themselves
because it's either there's a deal that gets done
or you shift manufacturing and you find other sources to get the goods that you want to get.
And that is.
How many empty plants do we have in the United States of America?
I have no idea.
But there's a lot.
There's a lot, right?
Especially in the heartland.
Perfect. there's a lot especially in the heart there's a lot right so in the heartland perfect and that's
where you know companies should go because they don't have to rebuild anything they have to do a
little makeover but they can go ahead and get themselves one of those plants and start producing
hey david can i let me let me uh let me just uh i just want to talk about something real quick. Okay, now, when it comes down to China, do you know how much, like, how expanded China is outside of China?
Like, all the factories, you know how many, like, factories in Africa, factories in Southeast Asia are actually owned by Chinese that have been developed.
And, you know, like a lot of Mexico and Canada, even Mexico, you know, I mean, like China's all over the world.
OK, you know, tariffs, China.
OK, that's fine.
Well, we have a factory and we have a factory in Vietnam.
We have a factory in Bangladesh. We have a factory in Bangladesh.
We have a factory here.
We have a factory there.
So you may not be dealing directly with,
like your products can still be made by Chinese
and imported into the United States
out of another place that's controlled by Chinese.
Like it's, that's like, bro, like if, if you're involved in production and you've been there, do you've seen a lot of the stuff that I've seen and how, like, for instance, like I work with a company that's called Luthai.
They do high end shirting.
Okay.
They have a manufacturing factory where they make fabric, where they cut and sew garments in Vietnam.
Okay.
And it's owned by Chinese.
Like, it's, you know, like, it's fucking crazy.
So, even if something says, oh, made in Vietnam, and it gets imported to the United States, even though it says Vietnam, it is literally China, bro. And it's China that's
happening, that's helping the, you know, I mean, they're creating jobs. China has created jobs in
so many other countries that are out there. But yeah, man, I mean, honest truth, I think this is,
Um, but yeah, man, I mean, honest truth. I think this is, um, I mean, look, I hate to say what I'm
about to say, but I think that, I mean, like, look, I mean, I know Trump, he's doing his thing,
you know, the art of war, the art of negotiation or whatever you want to call it, man.
Okay. But China's not going to fucking take this easy. And China has influence on so many
countries out there, you know? So I don't know, man. I mean, we'll, we'll just have to see how
the heck this plays out, but, but yeah, I'm not worried. I'm not worried a bit. Okay. Big deal.
All right. I send an email out to my customers and say, all right, you know, um, if you have placed orders, you know, as of April 4th, you know, any orders before April 4th are not impacted by the prices.
Any orders after April 4th, okay, prices are going to go up, you know, 10%, 15%.
Okay, tops.
Like, I don't think that, like, prices will go up.
Okay, but I know that there's, like, a lot of production that is somewhat being diverted.
China has a solution for this right now.
You know, so if you go to a factory and you talk to a factory, say, oh, my God, you know, tariffs are this much.
You know, your factories in China are going to tell you, don't worry about it.
We only, you know, we take production and you get a cut and sew.
It's going to be the same exact product, same thing you're going to get.
It's just going to say, you know, country of origin is going to be, you know, it's just going to have a different label.
Made here, made there, whatever.
That's all that's going to happen, bro.
It's true.
What you just said is true.
You just import it from other suppliers in other countries.
And that's what's already happening right now in terms of business deals.
Yeah, I mean, look at Panama, bro panama's free trade you know panama's free trade bro like everything that comes from china that has to go to the east coast has to come to the panama
canal okay like panama imports so much fucking china that's 100 duty free you know i mean you
have yeah but america's america's going to be looking to stop all that nonsense like they're fucking China that's 100% duty free. You know, I mean, you have a lot of... Yeah, but America is
going to be looking to stop all that
nonsense. Well, America cares about
the country of origin and the label, what the
label says. No, but America...
But they've stated that
they're going to be watching
to make sure that China doesn't
go and, like, start, you know,
doing exactly
what you're fucking stating.'m just i'm just saying
listen i'm just repeating what has been stated whether whether we want to go ahead and talk
about whether or not they'll be able to catch every single thing that's done is a different story
but america's serious like they're not gonna let them go ahead and like try to you know use other countries to send their here
america's america's talk yo i'm tired of it man i get it a lot of you guys have businesses and
you rely on that and i get it i totally understand yeah china and you know what it's not your fault
and it's not your fault but like from some sense like it's I get it
It's cheaper to go ahead and get shit done in China
Then it is to have shit done in America, but you know what we need to get back to producing shit in America and
It might be tough for a while, but we need to come back here
How much is the minimum wage and a lot of those now?
but then like then you're supporting
slave labor but so like anybody like somebody said that to me yesterday and i'm like well
then you you support slave labor look look at the conditions these people work in well
that's and yes yes i'm i'm buying i'm'm buying the stuff. Somebody's going to hit me with.
Well, you're.
Yeah, I'm buying the stuff because I have no other choice because.
The fucking Democrats or you want to say the politicians made this shit happen like and they're OK with it.
Well, you know what?
It's time to support shit made in the USA.
You know what is it's time to create jobs here. I know this is not going to happen overnight, but it's time to support shit made in the usa you know what is it's time to create jobs here i know
this is not going to happen overnight but it's time like everybody wants to justify this shit
i'm like yo but like okay fine slave labor are you into that little kids working in fucking
fucking chemical fucking factories breathing that shit in all day long
just so people can make a fucking
300 profit on something bro like that's wrong too china gets away with everything
think about what conditions those people work in man that even that video that came out
about okay americans will be doing the jobs and it was an ai video of like americans sitting in
positions that chinese people sit in david i visit factories left and right and i'm always checking out come on they're
terrible you know that i don't see no kids working bro like that dude you know their slave labor
it's been proven there's certain slave labor here and there bro you know what i'm saying but how
much do they how much do they get paid a month how much do they get paid a month? How much do they get paid an hour? In China? They get paid, bro.
I swear to God, David.
I swear to God, in the past 20 years
of going back
and forth to China, I have never
ever seen a homeless
person sitting on a fucking street, bro.
Yeah, because it's not captured.
It's not a matter that it's not
captured, bro. No.
You know, like, it's insane. Look, there's the bro no you know like it's insane look there's the
what you just said i can show you okay come hey come to long island come to long island to montau
you won't find a homeless person here either okay man i'm in downtown i'm in los angeles bro
okay i'm telling you but hold on i'm telling you like no because you're like hey i heard that also
yesterday you won't see a homeless person in heard that also yesterday you won't see a homeless person in China. Really? Okay, great. You won't see a homeless person in Long Island in Montauk either.
You see them in California.
Great, but that's because we have cameras. That's because we don't live under we don't live in. We're not a communist country.
We're not a we're not a communist. We're not a communist
We're not a communist country
We're not a communist country we get to we have video cameras
And we have platforms where we can go ahead and put our videos up and people can see
China doesn't have the same fucking you go ahead and go and... I love to see your freedom of speech in China.
Go ahead. Post up
some videos of homeless people in China.
David, let me tell you what China
did, bro. I mean, look, and I'm not
saying that I'm like, oh, all for China
and stuff, you know, but during...
Yeah, you are. All you guys are.
If it means bigger profits, you're all for China.
David, no.
Absolutely. You guys are you're all for China. David, no. Absolutely.
You guys are fucking crying over fucking China.
Nobody's crying.
We're being realistic here.
Yeah, I am too.
David, David.
Nobody's crying.
You guys can't even walk without China.
David, hold on. It's sensitive because this is going to end up impacting consumers, businesses.
Yeah.
Really?
What business has been? what business has been what business has been what business has gone under name me a business
Under yeah right now
Now three trading days businesses have gone under are you gonna tell me this crock of shit after three business days of trading their business all right hold on sit here and tell us
that the economy is booming here in America that whatever power plants have
that have not manufacturing plans that have been transferred to America are
making money that consumers are making putting money in their pocket that these
businesses so you're gonna tell us the same flip it reverse it forever 21 closing all their stores
what are you talking about
forever 21 was closing their stores way
forever 21 was closing their stores way before this
it all comes down to
profits over people that's all I'm hearing
99 cent stores all gone
okay yeah they were gone on the
biden
they were gone on the biden what are we talking about the biting. What were you what are we talking about?
But okay. Okay. Look but David but all of this was in the planning though. Okay, but let me what no no no no no no no no
No, stop stop stop stop stop
Stop stop
Stop this all happened on the Biden you guys congratulate Biden for the fucking inflation and all this fuckery
Okay biden you guys congratulate biden for the fucking inflation and all this fuckery okay congratulate bill clinton for signing this shit to have china in this fucking position
stop blaming republicans who all they want to fucking do is give you an opportunity okay to
have a business they only want to lower fucking taxes go ahead Look out look through Republican fucking history. They want to lower taxes Democrats want to
Use your taxes. Okay to give everybody fucking foreign aid
Okay, and supply everybody would suck yo you seen it. It's been uncovered
Yeah, I can't believe what I can't believe I'm actually talking about this shit right now. And y'all had the nerve to say that businesses have gone out of business in the last three days.
Okay, David.
Okay, listen.
All right.
When we went through that.
Y'all are wild.
Wait, wait, wait.
Hold on, David.
When we went through the phase that we went through with COVID, okay, what did the U.S. government do for companies?
They gave out PPP loans loans they gave out all that
stuff you know what china did okay because there was a big economic collapse what china sent the
virus here and all around the world look look at what china did to america what china did to
america was it gave us covid well no no no it reached out to corporations that were dealing directly with China, with Chinese factories, in order to support the Chinese factories and Chinese factories not to go under.
China was extending lines of credit.
Hold on.
China was extending lines of credit to American companies to utilize Chinese factories to import goods.
Do you know what kind of surplus they got? do you know what kind of surplus they got
you understand what kind of surplus they got they they make like a thousand x on this shit that they
produce you think it would hurt them that they had okay we won't make a thousand a percent on
these products we'll make only 800 right now with the fucking virus we sent
all over the fucking world because we got so mad that trump made us pay a 25 tariff
no it didn't have anything to do with Fauci right it was American but also like all them paid off
motherfucker like like come on man like y'all you guys man like y'all make me laugh this is wild
this is wild shit bro can i pop in here and just share something republican tax cuts have
historically benefited the top first you know the top five percent of the weight of our wage
but what is it hold on on. Republican. Hold on.
It's not even Republicans.
Hold on,
sir.
Curp though.
Let me ask you this question.
I'm so tired of the,
of wealthy people getting taxed because a lot of these people have worked their way towards becoming wealthy.
Okay.
Elon wasn't handed money.
A lot of these motherfuckers weren't handed money.
They worked extremely hard to get into their positions.
So we're saying, okay, this is what America is saying to its people.
If you work hard, we are going to tax you.
So what is the incentive of having a business?
Elon Musk paid $11 billion, the
highest tax bill ever,
because he was successful. The same
who we have called
to save astronauts from space.
penalize people.
Who was
in a wealthy family?
Who was in a wealthy family? Who was in a wealthy family?
Elon in Africa.
Really?
Elon came from a wealthy family?
Yeah.
Yeah, I'm done.
You guys can have the conversation for today.
This is mainstream media at its finest right now.
You know what?
Let me backpedal a little bit.
Let's say he was.
No, no.
Keep that energy.
Keep that energy.
Elon was rich. Elon was rich. Keep that energy. Elon was rich?
Elon was rich?
He was partially self-made.
Tell me
who gave him money. Go ahead. I'd love
to hear this. No, what you're
saying is that making it seem
like he did not grow up
with a very comfortable family
and he did.
How rich were they? I know his whole history. he did. How rich were they? I know his whole history.
Go ahead.
How rich were they?
I don't know his finances.
You just said he grew up in a rich family,
so you should know this.
I said wealthy.
That's even more.
Do you know the difference?
Rich and wealthy.
Hold on.
Rich and wealthy.
He had a comfortable family.
You want to see the difference, right?
Rich and wealthy.
The rich work for the wealthy.
So you're saying he came from an absolutely wealthy family?
Actually, he did.
Actually, he did.
He grew up in Johannesburg.
Mainstream media.
No, no, he grew up in Johannesburg.
So what?
I grew up in New York.
What does that mean?
I know, so did I.
He was raised in a wealthy family under the racist, basically, apartheid law.
So it's kind of an interesting way how he
kind of came to be in Africa.
But he spent most of his time in Canada
because that's when he migrated in
1989 to Canada. So it's
very interesting, his story. So I'm not
100% sure if Leslie's off on this one.
But I wanted to just contribute one thing.
You're both off on this one.
You literally said
because he grew up
in a wealthy city in South
Africa. I grew up
in New York City. What does that
mean?
What does that exactly mean?
Oh my God. It's okay,
Leslie. I'm just breathing right now. He's a
New Yorker. I totally get it. I totally
get it. And Long Island,
very well pronounced.
Very well pronounced. I got to give you credit on that one. But just a sidebar, I want to take
a back step to something that you said that I was in agreeance with about the markups, because I did
grow up in the garment industry. And I did work with fashion for many, many years. And I used to
do forecasting, and I used to do production lines and I would tell you that as
you it's such a complicated situation and many people don't understand what it's like to work
in a factory what it's like to make make pradermaking and bring a product together
and the reality is is that yes it is a very dark and dark and dark and dark ugly world the fashion
industry and fast fashion has polluted the supply chain beyond belief and I don't even know if it's
repairable and this is kind of the big challenge in the space is because the biggest problem is
consumerism and if people want cheap products there's always going to be someone to buy cheap
products because people don't value high-end products that are constructed well I mean that's
why you see like Italians if you go to Italy and you get a couture suit or a couture sweater, you're going to pay
money for it, but that'll last you a long time. You go to Shein and you buy the latest trend,
and that shit's going to break apart in three days, and then it goes into a dumpster.
And with all due respect, inside India, I believe it's in Bangalore, the three companies that got
busted for having that factory, the gentleman that claimed that labor's not happening,
that's inauthentic. It is. You're just not seeing it because they're not showing it to you.
But when we do see it and hear about it, it's usually because there's a fire or someone got
injured or someone got killed. And this big fire that took place, the companies that were producing
in there was H&M, Primark out of England, and another major fashion
company. And when you start looking at fast fashion, that's your Topshop, that's your Primark,
that's your Conway's, that's all of it. So whenever you're buying a product that you're
paying $10, $15 for, guaranteed that product's markup is like about 900%. Like I've worked for a global denim brand
and we were produced in the United States
and the cost to produce that denim jean
was about $14.95 to $19.95 locally in the US.
We would take a markup of Keystone plus 2%,
which would pull us up to about like $29.95 on the low end,
$49.95 on the high end.
And we would sell it at $49.95 and whatever went
marked down, we'd put it to $29.95, but we'd still make our margins. And the fashion industry is so
unique because the fashion industry is what drives the retail consumer. And all this tchotchkes that
you're buying in Conway's or in like Topshop or Forever 21, these are all like fast fashion shops
and they're going to fall apart when they do not have the
proper production to bring it to life because if they don't have the cheap production they can't
keep on producing but if they don't have the consumers there to buy cheap stuff then they're
then they're going to fall out of business themselves and that's why forever 21 probably
dropped out because they were losing in sales for a long time. And this is mainly because this is my jam.
I mean, that's what I studied in New York City.
So when you grow up in the fashion industry,
having people that worked in knitting factories and stuff,
having had parents and friends that were seamstresses,
trust me when I tell you, it's more convoluted and more dark
and more nefarious than anyone really understands here.
And we do have to pull some of that manufacturing to the United States
because they're chemically treating the fabric that you're wearing from Shein,
from all of this Timu.
They're chemically treating this stuff.
And where is that going into your lymphatic system, ladies and gentlemen?
You're wearing underwears that are not cotton.
It's going into your private parts.
I'm just calling an apple an apple, but people don't want to hear it.
So that's fine.
You make a choice in the products you want to wear. And that's it. I choose to purchase products that have good quality in
their construction. And I do research where the fabrics are coming from. And for the gentleman
that said about finishing, that's been going on for about 50 years, finishing garments. The way
that they get away with it is that they actually produce the garment in another country and they
finish it in Italy. And then that means
that they could technically say that it was made in Italy because they just did the finishings in
Italy, but not the actual product. And that's something that I hope and pray gets adjusted
because you're getting shit products for very expensive prices that are not worth it. Do you
know what I'm saying? Like you're getting, you're paying 400 euros for something
or $400 for something
that's costing someone $20 to produce,
but you're believing it
because it says made in Italy.
So you really got to be discerning
on how you're shopping.
And this is where women come into play as well.
But then there's also a dark side to that too.
I think that's the same thing
as what happened to Chico's fashion.
Indeed.
You're actually, Michael.
Hi, you're correct, Michael. That's exactly what happened to Chico's. And I remember as what happened to Chico's fashion. Indeed. You're actually, Michael. Hi.
You're correct, Michael.
That's exactly what happened to Chico's.
And I remember when that happened to Chico's.
But the thing is, is that this is the problem.
It's the consumer.
It's the uneducated consumer.
The uneducated consumer on how that product is constructed.
Because I don't think parents would put on clothing on their newborn or their children if they knew that that clothing was in a dye,
in a treatment that was going to sink into their skin and give them someday cancer.
They don't think about that, but I do. And that's why I've always been a garmento. And that's why
I recognize the Long Island accent that David has, because I've grown up with it. So it's really
interesting to see. But I also do see that in the past 35 years or so, garments
have gone shittier, but more expensive.
For that, why bother?
Go buy a good garment that's going to last you a while and stop feeding it to consumerism.
But what does Instagram do?
And TikTok, it's all about consumerism.
It's all about retail therapy.
If you get divorced, you're shopping.
You get broken up with, you're shopping.
If you get a bad day at work, you're shopping.
We're being sold to. And actually, everyone's saying this all over all the news
channels, fake and real. United States are the number one consumers for every freaking product
in the world. We buy anything and everything. We're just like to shop. We're like psychologically
wired to just shop. And that's actually quite dangerous because United States is also a credit card
country, which means people don't know how to save money. They're buying everything on credit.
I mean, come on. At some point we're collapsing the economy ourselves and who do we have to blame
but the consumers because they don't understand financial literacy, budgeting literacy,
knowing how to withhold. If you can't buy it with cash, don't buy it. That whole adage is so forgotten because people are
manipulated by the neuro that's coming through Insta, TikTok, and all of the ads in the magazines,
you name it, it's all there. And all of that is purposely why when I did my MBA, United States
is the number one neuromarketeer in the world. Get that. I'll repeat it for the ones that can't hear in the back of
the room. We are the number one neuromarketeers in the room, which means we could sell you anything
and you're going to buy it because we're good at it. I swear to God, the other day I was at Banana
Republic. Hold on. I was at Banana Republic and it's garments that are made out of recycled plastic,
recycled plastic fucking bottles, bro.
Do you know how unhealthy that is?
100%.
Okay, Lululemon.
Don't get me started on Lululemon.
I really do not care for that brand.
Lululemon, if you only knew.
Oh my God.
Don't try to hit on Lululemon.
Don't try to hit on Lululemon, man.
Hey, hey, hey, who's...
Lululemon's a hot mess.
I just think that you're absolutely right.
And I don't have any doubt that you'd know your shit 100%.
But to David's point, this shit has been going on for way too long.
I mean, both sides have taken advantage of who?
Us, the consumers.
We are neglecting what we're buying,
or sometimes we're just naive of what we're buying. And that's what, in my point, or David's
point, I think the Trump administration is trying to end this shit by taking small steps, it's going to be some pain.
And there is going to be some American innovation to counter trade production or manufacture and stuff like that.
Well, it's a valid point what you're saying and what David's saying, because this is really like a much more complex strategy, right? It's a much complex strategy. And having grown up in the industry, having studied in the industry, having had family
members that worked in the industry, and I am Latina, so I do understand that I do see
great products coming out of Mexico.
Absolutely.
And at the end of the day, we have to add credit to where credit is due.
But the reality is, is that we've gotten so far where we're being led around like
sheep that we can't even take a decision of agency of what we want to buy, what we want to wear.
It's like, if I'm going to go into a grocery store, I'm going to read the ingredients.
Do you know what I'm saying? Like if you're going to go in blindly and buy something,
come on, then whose problem is that? People have to take responsibility for what they're buying,
and if they want to buy crap and die early, great, go for it.
But that's just choice and agency.
And what you have is when people, remember in the movie theaters,
the one thing that you don't know about the movie theaters,
maybe some of you do, but having studied advertisement,
inside the movie theaters, when they used to do those popcorn commercials
in the beginning of the theater during the previews of the other films,
they would do simultaneously,
only visible to the naked eye,
they would send subliminal advertisements
in between those trailers,
but the naked eye couldn't see it,
your brain could see it.
That is what I said about neuromarketing
and advertisement that relates to neuro.
The gentleman who just said that,
it's
because we're asleep at the wheel. We're allowing ourselves to walk around like sheep being
programmed. And if you allow yourself to be programmed, that means anyone could sell you
anything. But that's why people will get, um, they'll get angry and they'll get frustrated.
Why? Because you're challenging their belief system. You're challenging something that they've
grown up to believe is correct. And when someone gets challenged by that, they go like putting
water on a gremlin after midnight. Do you know what I'm saying? They just freak out. And then
you look at them and like, what's your problem? And they're just like, wow. And you're like,
wait a second, what's wrong? We're just kind of saying the facts. But they're in their own bubble
that they refuse to see the facts and that's a big problem
because that has to do with everyone that's not anything to do that just has to do with what
you're wearing what you're eating what you're using what you're consuming but the gentleman
I agree with him consumers have a lot of power but we've given it away and now is the time for
consumers to take the power back but if the consumers want to buy from China go right ahead
I have studied China I know people that have worked with production in China and unfortunately consumers to take the power back. But if the consumers want to buy from China, go right ahead.
I have studied China. I know people that have worked with production in China and unfortunately would not be buying much from China. I'm just going to be honest. I'm not because I have seen
the production lines. I do understand how they source their fabrics. I do understand the modality.
I do know that they've been going from Malaysia and Vietnam for a long time. We're going to say 30 years they've been doing that. But the reality is that's why China's production is getting better in their clothing. Not because it's Chinese. It's because it's coming from Vietnam and they take better care of the production and putting together that garment. But they're passing it as Vietnam. But the gentleman said it. It's actually Chinese being constructed in Vietnam through Vietnamese people and workers.
And the Vietnamese are more proud people that will take care of quality control in their garments and
what they put forward. Whereas when you think about like Foxconn, which puts together the Apple
devices and the Samsung devices in China, they have nets. I studied this in my MBA. They have nets around their building
for engineers that have done serious degrees that are getting like 14 euros or whatever an hour
to put together parts for 12 hours a day for an iPhone. They want to commit suicide and throw
themselves out the window. Do you know what I'm saying? That's why those nets are there.
But this is where people don't get that there has to be a balance of that. And we are now in an imbalance of extreme consumerism,
which is affecting the entire supply chain, as well as taxing the environment and making it
much more toxic for our future generations. And I'm a real, real spicy one about this because
I studied the fashion industry and it is the most unsustainable
chain out there. It is the most unsustainable chain is the fashion chain, the apparel manufacturing
chain. It is the worst. And Nike, those $400 sneakers you're buying, dude, they're not spending
more than $20 to make those. But yet everyone loves Nike. I'm like, okay, you go for it. But I'm not going to sit there and
give my hard-owned dollars, euros,
or pounds to that company.
Have you ever put on a pair of ones, though?
A pair of what?
A pair of ones.
Ones are what?
Those are
red and white joints.
That's what I'm saying.
Ones could be like, is it part of a collection?
Is it part of a specific brand?
You've got to be more specific.
No, I'm just saying they're fire.
They're like, you know, they fit nice.
So is Ones are out of Nike is what you're saying?
Yes.
Okay, I don't care.
Don't worry.
Andrew drank some of those chemicals that go onto these shirts.
Clearly, I think he's sniffing the sneakers.
Yo, I can't come on nike like that bro my feet be feeling mad like cozy in my ones and old cowies walking around
just know that like some 16 year old sniffing massive chemicals made them fucking joints so
bro when you feeling nice and cozy and shit yeah yeah yeah because everybody we got i i'm getting
attacked by people that support china in here so i'm just like yeah yeah yeah because everybody we got i i'm getting attacked by people that
support china in here so i'm just like yeah yeah let's let's let's talk about china let's talk
about it uh by the way elon musk uh i just because i needed to do this again and and check myself
elon musk was in massive debt here uh excuse me in canada actually learning okay learning and taking on massive debt
because his family was so wealthy um it was so wealthy
you couldn't even give him a dime about that he grew up just like anybody else will grow up in
new york probably just like anybody else your family can still have money and you as an individual can be in debt,
David.
he did not grow up.
He specifically stated and multiple people have stated,
he didn't grow up the way you think he grew up.
He didn't,
he wasn't coming out of an RR.
Okay.
He wasn't being driven to school in a Ferrari.
Okay.
He grew up.
He had food on the table.
Okay.
He lived in the big city, but that's about it. His dad
wasn't rich. His dad was an engineer.
That's it. That's really irrelevant to the fact that he started
him and his brother started with debt. That's what I'm saying.
My whole point was, because we go
right to the family shit, right? He grew up different.
I'm like, he had
massive debt.
He went ahead and created multiple
companies that were all successful.
All of them. Like, look back
at his history.
He created companies that were massive
successful. No, you don't understand.
You want to penalize
people
that are successful.
Well, that's what you stated. You
essentially stated that when I was making my point.
You ran up here to make
sure that you let
everybody know that
he had a
really good
really good up for that.
I ran up to talk about. No, but you
did. You said it.
No, I came up here to respond
to Landy's question. No,
Landy's not here. And then afterwards
you talked about Elon and then I just
replied to that. So it's not that I came up here.
Yeah, you just replied, but the reply itself wasn't true.
I mean, people can research it and look it up.
I mean, he actually was in a comfortable family.
And you're making it seem like he freaking grew up in poverty.
He literally built his companies in debt.
Nobody gave him money.
Like, I don't understand what else I can say.
I'm trying to dumb a down one.
I just asked Grok to fact check david's right i i think that i know i'm right david's correct but
it's the nuance that's what's looking at here the nuance is that clearly there must have been
something there when he left joeberg and coming from a super uh like a wealthy family he had
$2,500 yeah but that's what i'm saying but there must have been some like um he was estranged from his father he was estranged
from his father so clearly it does demonstrate that he left africa to kind of do his own thing
because he was estranged from his family he was mostly raised by his mom his mom was a model but
he was estranged from his father but he was estranged from his father because that's why i
think he didn't want to be like him and i think he's done interviews about that he didn't want to be like his dad like there were
some interviews I could be wrong but yeah he disassociated himself for years like 30 plus years
away from his father he doesn't believe in his father's fucking ideology man like just go ahead
and read upon having 20 billion kids no that's a different story if elon chooses to have kids that's none of my
business no but his father's had a lot of kids too hey that's different man like i don't really
give a fuck if people want to have 50 kids man that's on them for me like i look at my whole
thing here is we are consistently looking to tax i don't know why we consistently as americans i
don't give a fuck what side you're on why are we consistently looking to tax the people that
create jobs here like job creation is important amazon they create a lot of jobs we could have
had a lot of jobs in new y city. Excuse me. Let me,
let me, let me pull back on that one. No, but they did want to work in Long Island city
because there would have been 32,000 jobs created, but guess what? The Democrats had to step in and
say, Nope, we're not going to fund this. We're not, we don't want to create 30, uh, 32,000 jobs,
We don't want to create 32,000 jobs, which in effect would allow Long Island City to prosper because the stores around that warehouse would now bring in more revenue.
God forbid.
So we want to tax the rich.
We consistently go after Senator Warren.
We got to Bernie Sanders.
We got to keep taxing them. At what point? At say we've got to stop taxing them? We've got to incentivize them.
talking about big corporations have those deals with asia where our we consume those
products at a very high market price but they those are the deals that democrats had them
since clinton clinton was the one who brought this up to us and correct me if i'm wrong
no it was clinton who signed that deal to bring fucking China in and then brought us into this whole bullshit.
And like, and guess what?
We buy.
We now, for decades, we've been the consumers, right?
We've consumed all this garbage.
We have nothing to sell because we don't have healthy competition.
When you have healthy competition, now you can go ahead and compete with everybody else. But when you don't have the ability to have that healthy competition with others, you can't sell shit.
You can't sell shit.
Let me ask you a question because we're talking about trying to bring back all of these manufacturing companies back to the US.
And then right now, we're kind of experiencing a shortage on workers for a lot
of these industries as of today. So a lot of Americans don't want to work, period. So we're
bringing back all these companies. Who the hell is going to do the job? Because as it stands,
you know, healthcare nurses were short technology. They are experiencing a demand democrats fired first line responders retail
sales people skill trades other industries uh people don't want to work in america so how are
we why would you say people don't want to work there's plenty of people that want to work there's
no jobs okay so then why are we having shortages in a lot of these we create the democrats in the
last four i'll tell you in the last four years the
only jobs that were created job creation that was created was government jobs now to get a
government job you need at least at least at least an associates or bachelors okay
americans say that about okay what do you mean i'm telling you you're not letting me finish
you don't let me finish like how can you how do you understand my point if you don't let me finish?
Government jobs were created.
Okay?
They weren't creating private sector jobs.
They were creating government jobs.
Okay?
And people don't qualify for them.
That's just the bottom line.
They just don't qualify for them.
So now you've already priced out 50% of Americans.
The other 50, they have to go through background checks.
The background checks ain't coming back kosher.
We have uneducated people as well then.
We have a terrible, like you move the goalposts so many times
like sometimes yeah i'm i'm willing to sit in a conversation and not losing it but i'm willing
to listen you're you're just moving the goalposts on me so like it whatever i say it doesn't matter
you're just looking for me you're looking to respond They agree they fucking agree
They sound quite spicy
Those are those are my shit-sues just so everybody knows those are my
Just so everybody knows those are my wait a second. Those are shit suits. That sounded no no no no no
Yeah, yeah, no no no
They're just is
They sound like
Yo was yesterday actually a bull trap like I know no I shut the fuck up
Look at him. Look at him come through slide through
Anyway, all I want to all I want to say is I'm very bullish
long term on everything that's happening
right now.
And yes, there'll be
little pain, and
that's fine. That is totally fine.
Everybody feels it.
But we can't
continue to...
Every four years, when we get a new...
We get new reps in. We get new senators in. we get a new when you we get new reps in we get new senators
in we get a new president in we can have this vicious cycle of let's print we'll print we'll
continue to print and we'll print and we'll put a band-aid on and we'll print and we'll and then
after when the midterms come we'll get stuck we'll pass nothing and americans suffer it's just oh
let's send some more foreign
aid to somebody let's supply somebody else with money except our own people let's not create real
jobs let's just create like these fucking fake jobs that come from the government that people
can't get into that that's what we have here that's what we have here all those numbers that
biden had hey it's the truth all those numbers that biden had i'm
curious they all came apart they all came apart once he lost i'm curious all the real numbers
started to come out i'm curious about whether your thoughts about the whole philosophy or the thesis
that with the manufacturing coming back to the u.s what is the possibility that some of this
manufacturing i would probably say just focusing on fashion because that's like my
wheelhouse.
What do you think is a possibility that these factors will come in and then
they will be manned by robots for the most part for majority of the
processes?
What are your thoughts on that?
You know what?
I agree with that.
It's,
it's going in that direction i mean it's unfortunate i mean
there's nothing well there's nothing there's nothing you could do well but wait a second
there's there's actually somewhat of a random solution here which is interesting because
leslie's saying that people are not interested in working they don't want to work etc etc which
i could understand post-covid but i would also say that you know from looking back
in history when you do get new machines or new products or new things to build out a construction
of a garment or whatever you're building you need someone to like actually program or make sure it's
actually operating in the way it should and I think that it's going to open up the opportunity
for different types of roles but that's why I also feel personally that if one doesn't get more technical understanding of their role or what they want to
do, then they're kind of SOL. But then again, that would lean into UBI, universal basic income,
because at some point, if it goes to robots, majority of those service jobs, like the production
jobs, then that would mean where, and the white collar jobs are going to AI automation.
Where does that, that gives people an opportunity to live their life, but then what are they
going to be doing with that life?
You know what I'm saying?
Like, do they need to be, do they need to find something else?
Do they need to kind of find a hobby?
I don't know.
Just curious.
Honestly, I feel like we've always adapted.
I remember all this stuff.
I remember when there was a time everybody wanted to become a computer programmer.
And everybody started learning mainframe.
Everybody was going into these spots to get fucking certifications.
I'm so not going to age myself.
I'm so not going to age myself.
But you remember then that everybody started becoming computer programmers.
They started working for Citi and fucking AI, a bunch of companies.
But you're seeing it with AI now, right?
Remember Coco and Pascal?
Yeah.
So it'll happen.
But you'll have people that go get certified on AI tech and they'll work.
But those are people that actually want to get off their ass and work.
I mean, there are people like that, though.
I firmly believe there are people that will love to get off their ass and work. I mean, there are people like that though. I, I firmly believe there are people that will love to get a job that will love to get a job
and work, but it's difficult. It's difficult. But I would say that there's, there's plenty of jobs
right now in the private sector that people can go ahead and get, but people are lazy. Some people
are lazy. That's why you have Instacart. That want to know something? I wouldn't say they're, I would lean away a bit from lazy and put the word, and I might get some thumbs down.
I'd put the word entitled.
Because we grew up in a generation where we were, literally, I remember when 10 p.m., do you know where your children are?
Do you know what I'm saying?
It's like at the end of the day, no one has a survivor instinct anymore because everything's been done
for them and what you're going to see is a bit of an apocalypse sort of situation where people are
gonna it's like remember the game where you're running around all the chairs and you got it when
the music stops you gotta grab a chair squid games no sorry but you know what i'm saying like you're
gonna they took her out they took her out just now david when's the last time you saw
when's the last time you saw a kid with a broken arm listen it's not like it's not like i grew up
in obviously i was born in the 80s man i i have scratches that i remember getting scratches on my
knees and my elbows and shit like that new kids don't know anything about that man
they know nothing did i we didn't put no band-aids on are you are you bullish or are you still on
that pause market shit the pause market is bullish it's not a bearish it's it's not a bearish
fucking it's not bearish sentiment i don't i don't get this jules it is not bearish
i just i just wanted to come up and say like it's cool to see you're bullish again
that's all i've been bullish i'm like the only one in this room who's bullish
jules if he wears a turtleneck tonight on his life then you know he's still bullish. Leslie's out here. Leslie's moving to China.
She's supporting China.
No, I'm not. I never
said that. America's the only country
that cannot have tariffs. Everybody
else can have tariffs on American
goods, but America cannot
have tariffs. That is Leslie's
line of thinking because it's going to hurt us.
It's going to hurt us.
I mean, realistically, Jules, come on. It is going to hurt us it's gonna hurt us david i mean realistically
jules come on it is going to hurt us at the beginning that's what i'm saying but eventually
no it won't even out david that's my whole point but i just sit here and say it's not it's naive
no i just i just want to say like because the tone that i caught was uh it's not like hey guys
we're in a bull market or like fuck we're in a bear market it was so we're in a uh fuck a pause market and i was like what the
fuck is that what the fuck is a pause market anyway it's cool to see you bullish again i've
explained what a pause market is multiple times okay i? I've coined it. I've explained it.
Oh, you coined it.
Okay?
I've explained it.
It's funny. Yesterday, it's like, yes!
And I wasn't even like, I wasn't going around
asking for like fucking flowers, but I was like,
yes!
The pause!
I mean, I gave you a whole intro
yesterday on my show, too, about
you being bullish and positive about pause market and turtlenecks The pause! say that I do believe that you order 10 piece chicken nuggets from McDonald's with medium
fries and a diet Coke.
And then I was like, no, nevermind.
He probably orders a Big Mac.
Yeah.
I only ate junk food and that nasty toxic shit that you guys indulge in.
Yeah.
I don't put that shit into me.
Because like the only reason I say this.
I went ahead and took a fast for 102.
It came out to 102 hours only to go ahead and eat McDonald's. That makes sense.
You know, the only reason I say, yeah, this is just the only reason I'm, I would, I don't know. I played Sega Genesis growing up and I never, like when I had to take a piss, I was never like, fuck, I'm so bullish to pause this game right now. Like, I never
said that in my head, you know?
So that's what threw me off.
When your bladder's about to explode, I think you
hit the pause on that game.
Because you have to.
Yeah, that's what I associate with that.
I saw, hold on.
The whole pause
thing was like,
hold on.
Trump went to go ahead and iron out these deals.
And then he comes back yesterday.
He says, okay, we're going to have a pause in tariffs.
Markets went up.
Right now, obviously, the stock...
I'm not even looking at the markets because I'm more interested in this conversation.
Where is the market? We rephrased our whole pump
hold on
it's a
7 alright so bitcoin's at 7 to 8
5 who cares I don't give a shit I'm waiting until May and
June I keep saying this
keep saying it in June
ok what is it down 5%
yeah okay whatever what's up man expected like it is yeah
but look we only went up what less than 10 for that type of news like and a deal being on the
table so like what happens when the deals actually on the table right now right now right now you
have yelling coming out who is you know you have people coming out making statements to push fear into the markets.
But that's true.
Like, if you look at the talk right now, it's to push fear, where there is nothing to fear.
Like, I don't know how many times the president has to tell you, and even other countries have already announced that they're coming to America.
They're coming to the White House or they're scheduling a meeting elsewhere to iron out an agreement.
But yet everybody continues to listen to CNBC, MSNBC, CNN to get your latest news and to scare the fuck out of you.
That's really it.
This happened.
Look at the sequence.
These tariffs went into play when the markets, I'm talking about when the markets got hit.
It's a two to three day event.
If you really look at it, it's a two to three day event.
That's it.
Everything's been paused.
Countries are coming to the table to negotiate.
What are you scared of?
Remember when people used to get the paper?
What is the fear?
What is the fear?
That we're finally going to get revenue in?
Like that's the fear?
That the United States of America is actually going to bring in revenue? No, the fear is what the united states of america is actually going to
bring in revenue no the fear is what the countries don't agree to our terms and we see no they are
though i'm telling you that they've already dropped the the countries have already said zero percent
excuse me zero tariffs on america and they're coming to sign deals. Not the most important one. What do you mean?
China wants to sign.
Okay.
Here's the problem.
When people don't understand politics.
China can't come out and say.
We're going to bend the knee.
They can't do that.
I guarantee you right now.
On the back channels. Trump is talking to China and vice versa.
And their administrations are talking to each other and they're working out a deal that makes sense for everybody, especially the United States of America.
And you know what?
And then take into consideration too, David, that they're both Gemini's.
Listen, I don't give a fuck aboutini's listen i don't give a about the
fucking i don't give a about the signs here is this like they are in the background they're
talking but just remember as much as china comes out there and says we can do this all day long
america can too but they really can china can't china can't their market is busted. That's the whole thing.
Y'all hear CNN post some shit and you think that China is this electric, dominating fucking country.
But their fucking market is horrific.
It's broken.
They don't have a new line of workers ready.
They have people retiring.
Their workforce is retiring.
And this is all because they put a limit to having kids.
Go ahead, look it up yourselves, man.
Chad, GBT, Grok, whatever AI platform you want to go ahead and use.
China is in a world of fucking hurt.
What they want is a deal.
I guarantee you, politically, they want
a deal, which they're probably working on
right now, and nothing would give
Trump more. And I'm talking about
feed his ego more than to
announce this as soon as possible.
Not in the next week or two.
They'll have a stronger working infrastructure
than we do.
In regards to robotic advancements and all that stuff,
you know... Let me ask you a question. Where are they getting their money?
Where are they going to get the money?
If America is not buying their shit,
where are they getting their money?
Exactly.
Nobody else. We buy...
We're the number one fucking buyer.
Like, where are they getting their money?
David.
Thanks for letting me out.
The EU.
The EU is negotiating a deal, but, like, the EU can't really.
What are they fucking buying?
Like, what are they buying?
They don't buy a lot of shit.
You're talking.
That's the biggest.
That's the biggest.
That is your biggest that
that's your option that's your secondary options you know the united states buys everybody's shit
we buy as soon as we stop buying it's over that's it it's done they want to have a conversation
and they're probably having one in your i guarantee i'm gonna be right on this
they're gonna make an announcement they're gonna shake hands america is not gonna make china look
bad trump is going to do a soft landing with them but we're gonna ultimately win that deal
watch mark my words man i'll be back on here on that one i'll gloat
just because you think that China's like this,
oh my God, they're going to stay,
they're going to,
America's going to have no choice but to bend.
Watch.
Watch how fast it happens.
China ain't going to take these losses.
Give us a time frame.
I told you yesterday, and they came out.
China's the one that came out,
so they they're
they're ready to talk so like the the tariff went up on china
yeah america will continue to apply tariffs so doesn't that seem like they they might not have
any it's all a game it's a game andrew it's a game they gotta show america when the deal comes
through they have to show like america has, look, we put in these tariffs.
We made China bend because they couldn't take on these tariffs anymore.
Like, it's a game.
It's a game.
It is a fucking game.
If you think they're not talking in the back channels, you are nuts.
They are speaking to each other.
Trust me.
This is all for your entertainment.
Okay.
The main goal here is to make sure that China's military doesn't overtake ours.
That's what it really comes down to.
Don't worry, boys and girls in here.
You'll get your product still made in China.
Okay. Don't worry boys and girls in here. You'll get your product still made in China. Okay?
You'll still have that slave labor and all that good stuff.
I don't know.
It seems a little fishy.
Seems a little fishy.
But I want you to be here like yesterday.
I want you to be here when they go ahead and make that announcement.
I want you to be here front and center.
I'm telling you,
you guys call me an old head.
You call a lot of cats out here old heads.
But we understand politics.
We understand exactly what they're doing here.
Democrat or Republican?
Let me ask you a question.
You think Chuck Schumer and Trump hate each other?
I guarantee you behind the scenes, they're fucking, you know, dapping each other up.
Like, this is like, I love Trump.
I like, I fuck with this guy.
I'd vote for him.
Constitutionally, I'd like to see Vance or somebody else take it on.
But like, if he would run a third term if it was possible
i'd vote for trump but i wouldn't i don't want to switch up any of our fucking laws in order to
make that fucking happen i don't want to see that did you just think we need to say term i would
100 why not it looks like China's rubbing off on Americans.
China? What are you talking about?
If he were able to run for a third term, I'd vote for him.
He's not able to, though.
Bro, Trump's our last president that we're ever going to have.
Trump's going to be the president until I'm probably like... Oh, my God.
This guy thinks this...
You can't even figure out if we're in a bull market or a bear market Andrew make up your mind
Well, I told y'all what we look yesterday was a bull trap three days in a row get the three feet
I've been I've been the same little bear
I've been since 100k y'all, but I don't know like right now all I'm seeing is like all of our our bags are determined on
What Trump says or does
and it just doesn't
seem sustainable right now.
Tariffs, no tariffs,
nothing changes until QT
ends and QE starts.
It happens every cycle.
Every cycle.
I can't wait until
fucking two months from now when the rates are
cut when the tarot that the agreements are signed america finally gets to participate in a free
market just like the all these other fucking countries i can't wait to hear what the rhetoric
will be two months from now on this show i can't wait i can't wait to fucking hear it
but we can't how do how here what are we a fucking non-profit organization
like you guys are making the u.s out to be like a non-profit well it is by the way 100% non-profit
but the the only way they the u.s gets its money is from 18 to 20 percent of the money that the united states generates is from its own citizens
that doesn't make sense
and then they want to go after more like bro we don't have no more money senator warren
you're already taxed at 90 we ain't got no more money. What are you going to get us for the last 10% that we got?
So the entrepreneurs here, and for those who have made it,
we're just going to pay 100% in taxes and live on the streets?
I don't understand the mentality.
It's just weird.
You're supposed to incentivize people to build like republicans
incentivize people with opportunities to work to build
it's the truth go ahead and tell me where the democrats incentive show me show me where the
democrats incentivize you to go ahead and build and give you the opportunities.
I'd love to see it.
Everything you hear from a Democrat is tax, tax, tax, tax.
Raise them taxes.
And we got to love this.
We would have voted for fucking Kamala. We would have had less freedom of speech.
And let's go with the tax on unrealized gains.
That makes sense.
Hey, let's tax all these motherfuckers on the unrealized gains.
Makes perfect sense, bro.
I got to tell you, that shit made perfect sense.
So I don't touch any of my stuff.
And I got text on it.
42%.
Even though it wouldn't have passed, I'm just saying,
this is their idea of how to run a country.
David, one of our listeners sent us this.
China is in every country.
They offer civil infrastructure to extract minerals, gold,
and precious metals from underdeveloped countries.
Ask David to YouTube China factory villages called EUPA.
Oh, shit. Breaking news.
The Supreme Court has allowed President Trump
to temporarily remove two independent labor board members
while justices consider whether he can permanently fire them.
Trump got two years right now, man, to make all this work for him.
He got two years, man.
He got absolutely two years.
He has the rest of our lifetime, bro.
I'm telling you, I don't know if you,
remember I told you guys about that woman who predicted it?
She predicted Trump will be the last president.
That's what we're going to see.
You know, he's not going to be the last president unless you're talking about something bad happening to this planet.
No, I'm talking about last president. Like, he's going to, bro, I think he's going to be president until, like, I'm probably...
This ain't Russia, bro. This is not Russia. He's not Putin. It's not happening here.
He's 90 fucking years old, bro.
Are you saying that he's going to be the last president because Jesus is coming for us and we're going to experience a rapture?
Exactly.
You know, a few of y'all read the Bible.
That's what I'm telling you.
You ain't going to outlive your Bitcoin.
So enjoy your Bitcoin while it's hot.
Enjoy it while it's hot.
I only get heated because I love this country and like there is so much we can do here.
But we have people that we elect into office that
stop it from happening because they're bought by big companies that's it big pharma i can name them
all out they're all bought okay and it stops us from growing meanwhile there are other countries
you just look at china yeah They're a fucking communist country,
but you know what?
They continue to grow and they're growing off of our backs.
And like,
I don't understand why people can't fucking just sit back and realize this.
I'm going to fuck if you're a Democrat,
Republican,
independent,
green party,
libertarian,
bro.
Like,
it's just like,
look at what's happening.
Like we are,
we are giving them money to build out.
We literally made them a superpower.
You want to,
you want to sit back and think about it.
We gave them the ability to be a superpower and now surpass us.
And we should have stopped this nonsense a long time ago,
but nobody had the balls to do so.
Everybody got in the way.
Or they probably didn't want to do this.
Our tax dollars built their infrastructure, bro. Our tax dollars literally built their
infrastructure based off of the interest that they fucking make off of us, bro. Instead
of our tax dollars going to our hospitals, going to our roads, going to that, no. We're
out there paying interest to China.
No, but they're
making money off of they're making money off of they're just making money off of anything we send
over there like all these all the tariffs they have like they don't let anybody into their country
but you should see what they do with their country ain't nobody coming into their country
like you you must pass their test.
Remember that article about the cardboard, David?
Remember the article about the cardboard, like how much
shipments we get from China and how
they resell us the
fucking cardboard that we give them back
to repackage goods and send
it back to us? Yeah, they're smart.
You know, I want to say they're not but they yeah they are
smart they used america to build themselves up that's what they did and they just dump they make
all this shit and they dump it on us and we and we buy it we go ahead and buy it our our companies
our american-made companies go to china to get this shit done because it's cheap labor.
Here's the problem, David, that Democrats have been allowing this for years.
Well, we know that.
For way too many years.
Republicans too, dawg.
Yeah, a lot of people don't.
Yeah, I mean, you can say that.
Are you kidding me right now?
You want to debate that, my guy?
Under the George Bush administration?
Under Reagan?
Are you kidding me?
Who started the trade with our politicians Trump did
the Republicans that wasn't Trump
it wasn't Trump it was Clinton
Clinton started this
whole shit
we should have never signed these agreements
we should have never let China into the
WTO I don't know what the fuck we were
thinking well how much did they get fucking Or how much did they get fucking paid?
How much did they get fucking paid?
And then you have people talking about
racism was involved in this election.
We picked a felon over a black woman.
What are you talking about?
You remember Obama?
The insanity that mainstream media pushes out there like we what are you talking there was so
many people that wanted to vote in hillary when trump ran against her and everybody thought that
hillary won by the way i me included i thought it was hillary that was going to win and no all
of a sudden trump wins by, I mean, like wins.
He won.
Everybody was expecting Clinton.
Everybody.
New York City, you couldn't find a person that didn't vote for Clinton.
How are they in the, they're about to touch a billion dollars.
Probably more net worth.
You know what?
You guys spend so much.
This is the craziest part.
Y'all spend way too much time hugging your political parties.
But really, at the end of the day,
it should be us, okay,
as American citizens,
making sure that we, the people,
benefit from our representatives working and speaking on behalf of us.
But I don't think they speak for us.
A lot of them don't speak for us.
That's because these generations are scared to talk and stand up against the politicians.
They'd rather get on Twitter and Facebook and just beat the fucking keyboard instead of getting out there and calling or going to the Capitol and having a cup of coffee and go, hey, dude, or hey, shit, this ain't going to work no more.
The way you're voting.
Think about it.
I know I'm 55 years old.
When was the last time you ever heard of a malpractice lawsuit?
You haven't since the 80s.
Why?
Because lobbyists went in there and they made laws to protect the hospital.
So you can't even sue the hospital if they leave a damn scalpel in your asshole or in your lungs or nothing like that.
They'll drum up some idea and say, oh, she died or he died of this and that you gotta start standing against
These lobbies and quit going against parties. It comes down to just being a fucking American
And going hey, you work your microphone
This way I've been in politics your microphones breaking up
No, you got the you got you got the made in China microphone.
I can hear the same thing as you guys.
Can you hear me now?
No, no, it's bad. If you want to
run the block...
Yeah, yeah, yeah.
Why do people always say
this generation, bro? Our generation literally
are the ones who... Yeah, generations lazy, man.
You came in here talking about two days ago.
Two days ago, you came in here
saying, like, I can't go ahead
and do what you guys did back then.
He said it was a bear market.
He said it was over, David.
Like, right now,
they were waiting for the market to pull back
to say, like, the pause market ain't a real
thing. You know what I'm talking about?
But right now, we're slowly coming back.
Okay? Pause market is real. You know what I'm saying? but right now we slowly coming back okay pause market
is real i'm saying it's real i'm getting the chain i'm getting the chain with the pause on it
all right shout out to shout out to the goshing uh account they came up with that the pause market
yo listen i'm an american man and i just want to see America do great things, man.
But sometimes when we put ourselves in this kind of situation for decades, we put ourselves here.
We're going to have to rip the bandaid off and it's going to hurt.
It's going to expose a wound, but we need to fix it.
expose a wound, but we need to fix it, right? We need to stitch it up. Okay. We got to stitch
We need to stitch it up.
that shit up and put the, put that shit in a fucking sleeve for, for a week or two, man,
let it heal properly so we can get back on our feet, man. We can be a great fucking,
so it can be a great country again, man. There should be no American that should not be able
to get a fucking job. Like, think about that. We, we talk about this,
the greatest country in the world.
Everybody then should be able to get a job.
Everybody should be able to have an opportunity.
David,
even,
you know,
with all of the deportation that recently happened,
there's a lot of jobs that are available right now.
It's just,
but,
but we're confused.
We're a very confused country,
Leslie,
because we have been suffocated by the woke virus.
And I really believe that is a major issue.
This woke virus has made people entitled.
The woman who came up here and stated that it made people entitled, I'll agree with her on that.
A lot of people became entitled.
Look at the professors that are teaching these kids in school.
They're all.
but they,
they've put that on them.
Like they put that on them.
That's the problem.
We back then,
before this woke virus came about,
people worked.
People were getting out of college with a purpose.
People had a purpose in life.
Now people don't have any purpose.
Most people don't have purpose.
And that sucks.
That really sucks.
Kind of feel bad for them too.
I'm so happy to see a lot of people here.
You know why?
People are interested in these markets.
People want to participate here. Maybe in the future, they a lot of people here. You know why? People are interested in these markets. People want to participate here.
Maybe in the future, they'll want to build here.
They'll want to work here.
But that goes back to my question that I posed earlier because I am all for bringing back everything to America.
I really am.
And I know that you think that I have an opposing or contrary opinion of it.
that I have an opposing or contrary opinion of it.
But my point is like right now,
even though we don't have a lot of these manufacturing plants back in America
or we're not producing more jobs right now,
what's to say that when these businesses start bringing everything back to America,
they're going to even have the workers to be able to sustain their business
if Americans can't even
work right now with the jobs that are available. It's not going to be that fast. Not can work.
No, what I'm saying is like, we don't have the manpower for, to fulfill these jobs right now.
There's a huge demand. That's what I'm saying. And people are not working because they don't
want to work.
Entitlement.
But Leslie, you're not hearing what I just said.
I said this like 15 minutes ago.
I said this will be a handshake deal with China and this will be something that moves from that standpoint,
albeit something that moves slow
to where like American companies will have no other choice
but to bring back their
manufacturing here.
No, it'll happen.
That I understand.
So you'll still be using China and I'm pretty sure a lot of people will still be using China
for products, but you will see slowly within the next five to seven years, this won't happen
on the Trump's presidency, by the way, but you'll see a lot of this stuff.
Like,
won't businesses be hurt when they bring them back here?
Because we're not going to have the manpower to fulfill and execute.
But I'm telling you what,
when you,
when you bring back slowly,
I'm trying to get at,
but when you bring back jobs,
slowly,
people need to eat.
I don't know.
I think like,
if you want to just keep on just replying,
saying no, no, no, no,
then you're right, no.
Then what can I tell you, Leslie?
You're right.
I don't know.
Robotics and AI can fill some of that gap
of cheap labor.
Yeah, but have you seen it?
That explains the problem.
How's that?
People work at McDonald's.
He wants American jobs, not robo jobs.
These people need jobs.
That's the whole point.
Instead of taking advantage of cheap labor, you replace those positions with robotics.
And it actually becomes cheaper than cheap labor.
And then you invest that money that you make doing that using robotics into the creation of higher paying jobs.
So we're going to push it out even further because they got to make the money off the robots first
then they take that profit and create jobs for human beings on the other side of all that
investing no i agree with cousins you you bring in you bring in these robots okay so now you don't
have a question nobody can start fucking questioning anything you do then create you create high paying jobs
because you'll have enough money you'll have enough money by yeah 100 yeah yeah yeah no no
no i'm like writing it you'll be able to economy though you can you can easily no yeah but you
should go the robotic way i think think we should 100% use robots.
It removes the need to take advantage of kids in other countries and sweatshops.
And that's what robotics is meant to replace.
And in doing that, once you invest in the technology, then it becomes cheaper than paying cheap labor because you already have the technology that you own that does it for free.
paying cheap labor because you already have the technology that you own that does it for free.
And then in the end, you get all that money in profit in return that you can invest into
creating further technology, advancing that technology, creating jobs that way.
That's the goal. That's the objective, the way forward for capitalism without taking advantage
of cheap labor in other countries and selling ourselves out. Listen, you're never going to,
like somebody who works as a tell you're never going to like somebody
who works as a teller is never going to get paid thirty dollars an hour
that's bottom line
i feel like you can't be by the way i didn't notice that i feel you can't be... By the way, I didn't notice that. I feel like you can't be bullish on Trump fixing America
and also Trump fixing crypto at the same time.
What the fuck are you talking about?
Wait, what?
There's a lot that needs to be done.
There's a lot that he needs to worry about when it comes to...
I voted for Trump.
I'm bullish on Trump.
But I think there's a lot he needs to worry about with America right now.
And if he gives us a bear, you know, it is what it is.
I still, you know, I still got love for the dude.
I'm going to hold it.
I'm going to hold my shirt.
I'm going to hold on tight.
Here we go.
You know what I'm saying?
I just want to let him know that if he needs to do that to us now for the third turn to be the Golden Bowl.
You're so stupid, bro.
I'm here for it.
Oh, my God.
What is, yo.
Yo, Hanak.
So, what's happening?
Hanak has let go of that
Somebody had to take on the old takes and that was that was a Andrew Andrew had to come in here and say
You know every day every day. It's a it's a different Andrew man
Like I can't tell yesterday was 100 soul Andrew the other day. We're back, you know, and that bear market pause market
Diagonal market America's going down market. I can't keep up with them, man.
America will be just fine.
Crypto will be fine.
Everybody just wants it.
Andrew.
Everybody wants it instantly.
Everybody wants instant gratification, and that's it, man.
Nobody's willing to delay.
That's definitely true.
No, I'm serious.
Trump wants to do a quick two, though.
So many people should have money, right, from scaling out.
If you don't, then yeah.
Exactly.
Because nobody scaled out, right?
So, you know, like you're looking at the markets.
For me, if you have money, you participate, right?
If you believe in, you know, you motherfuckers show, oh, I believe in this.
I believe in this.
Well, if you have money and you believe in it, then go get it.
What's stopping you?
Because yesterday
when the markets rebounded,
everybody was like, oh, shit,
I should have got in.
What's happening today?
What's stopping you from going in today?
Because it's going to happen again.
Not me.
Because I never believed it was a bull truck.
Jules is like... I never believed it was a pause market. So I made money
Yo, pause market is bullish. Oh my god, like Jesus Christ
Jesus
Can we make Andrew explain himself Andrew? Why is it stop going stop if crypto my IQ is going down, okay?
It's 84% right now on poly market that Andrew flips bullish tomorrow
You know, there's a should be higher
I've been telling you is the trenches like trend token, but you can't even explain it. You can't even explain why
told you I was like
Okay, beyond I will sell shit right now if you can explain to me why.
I don't want you to sell anything because I still believe this is going up.
I just believe that we're going to see a bear.
We're going to see a pause in the golden bull to go into the bear for a little bit.
And then we're going to come out for Trump's third term.
And we're all going to be excited. There Trump's third term and we're all gonna be excited
there's no third term
this is so crazy
the golden bull
I like put that in my head
if you wave
like a red cape
in front of a bull they charge right
the only animal I know that pauses
is like bears when they go in hibernation
that's why it's like it really messes with my head.
Jesus Christ.
They don't,
you know what?
I'm gonna write it out.
I'm gonna write it out.
I'm gonna write out exactly what the post market is.
I'm gonna write out.
Don't let him lie to you.
They even got that bear in him.
Nah.
Right now the market,
by the way,
I can't. This is, this is in the bear like you don't say it's different like if you like bro you can be
being broken the bear sucks bro this guy is he's crazy bro i gotta tell you he's so stupid bro
anyway the markets are coming back uh 79,568 is bitcoin uh ethereum's at 1510.
we'll see where you know we'll see where the markets end today i think hey you know ethereum's
been in a pause market for yeah that's just been for real and that is not a pause that is not a
pause asset that is that is a that's a, very bearish asset right now, man.
Very bearish, man.
It's been accumulating for way too long, okay?
We need that shit to pop, you know?
Ethereum is weird right now.
It really is.
It's really weird.
You know what, though?
Hey, I don't see anybody talking about this.
We saw a little sign of life yesterday, and Ethereum did like 16% in one day.
So that's a great indicator of what's to come.
Like when this thing turns โ Jules, hey, I'm trying to stay bullish.
You better โ yo, kick Jules off the stage, ETH bear.
I'm sure he has to be
I'm sure โ no, he has to be an ETH guy.
He has to be an E guy
A couple of cycles ago
When XRP took that number two spot
Ethereum just fucking ripped up
Right? I mean like the last cycle
He had the lawsuit
I mean chances are XRP just might do
That nice little creep up and then fucking Ethereum
Come and just fucking rip after that man
So who the hell knows man but
XRP is creeping up dude what's
the theory of use case money go up that's why i was thinking about the other day too i'm just
like yo honestly i'm about to go like full bitcoin tard again bro like i'll be in the
trenches and stuff but like there's the only the only two use cases for crypto is bitcoin so you
can like have you know something secure that you can go to different countries with still like you
know have that type of value and
Meme coins like it's a casino like there's only really two use cases. I like that. I like that take right there
I mean stable coins has actually no bro applications are a big deal on eat
I just see for Bitcoin eat and stable coins
Yeah, I just don't see why anyone else would use crypto for like what like people talk about gaming chains and stuff like that like i just don't see that stop it stop it look this is horrific
instead of feelings real data uh i i do not have a partnership with this platform but i wish more
people would use it uh defy llama and it's chain aggregator. You can go find other chain aggregators out there.
But I was looking yesterday on MoneyMaxies because Andrew was asking questions about ETH, Solana.
Look, I'm fucking pause market my ass.
I'm bullish on all of it.
But what I would say is something to pay attention to. Of the top five volume chains, three of them are Ethereum.
If you actually take ETH, Arbitrum, and BASE, and you consider that it's a genre of infrastructure, it crushes Solana every single fucking day.
of infrastructure, it crushes Solana every single fucking day. What's really interesting to note is
that base recently on weekly volume had like an 80 something percent uptick. So, you know,
narratively, someone says, what the fuck is ETH and blah, I don't know, the whole fucking
infrastructure of like web three nearly, you know, so like I'm bullish on know so like i'm bullish on eth i'm bullish on
especially like the layer twos um because it really does provide an opportunity for people
especially if they're used to solana and they're like i don't know on the next leg up i want to
try out a different chain or whatever there is a fuck ton of volume in comparison to other chains
happening and growth happening on base chain right now.
And that's something that popped up on my radar yesterday when I was looking at it.
And then even though no one really talks about like mean coins on ARB, ARB has a really
interesting use case in the sense that it's more, it's more decentralized than base and
protocols like, or new chains like hyper liquid, um, people have to
use that as their bridging funds. So like, you know, again, it, the whole thing with ETH is
infrastructure. Like Arbitrum is a perfect example of that because people who use hyper liquid
have to bridge via, um, Arbitrum. So it's an infrastructure play. And I say this so much and people fucking sleep on it.
But where did Visa, MasterCard, fucking PayPal, where did they decide to build their shit on?
Not Solana, ETH.
So it is an infrastructure play.
For Silicon Valley, what are you going to build on?
Are you going to build on Solana or are you going to build on ETH?
Well, the big players that you're competing against are already building their own L2s on ETH.
So ETH is very fucking bullish.
It's just DGens who go, I don't know what the fuck ETH is because it's just, I don't know,
breaks their brain to think about something bigger than that.
In my opinion, bro, ETH is just bearish because they had to make a chain for the poor people like that's when i knew eath was bearish i'm just like
wait don't call eath bearish they should have put they should have named it p eath like poor eath
that's what they should have named it instead of base like because it just makes no sense like
why did we like we're just taking all that value away from ethereum instead of putting that shit
in ethereum pumping it like no it's not's not. So, wait, these meme coins...
No, you gotta have ETH to operate on base.
I'm gonna tell you what...
Here, I'm gonna give you something.
I'm reading news that's coming in.
So, like, former
Treasury Secretary
Yellen
is stating this, right?
Trump's economic policies
are the worst self-inflicted wound
by a well-functioning economy
in history.
Now, if you know anything about our economy,
you would know that our economy was
dog shit.
If you know anything,
if you have studied
our economy,
you would know that
it was bad and it needed a reset.
Bro.
What is going on with Trump?
Greenland?
There's something on Greenland,
but that's a topic for another day.
What is going on?
If I tell you the stuff that I uncovered,
conspiracy theories,
you would know why they are going for Greenland.
But this is not the space because we'll get shut down.
Is it robo-reptilians?
I mean, no.
It is wild, Hinnok.
It is wild.
There is something under the snow.
I can tell you that.
Oh, my God.
Here we go.
Here we go.
David, hey, David, get your president, dog.
Like, what's this guy?
You're constructing a plan to acquire Greenland
What are we talking about?
He is going to send but that's yo guy why can't anybody be patient?
Holy fuck you said you know what you guys should have done. You know what you should have done
You should have voted for Kamala. Okay. Some of you guys should have voted for Kamala
Yeah, yeah, you would have got bitcoin still would have ran i've said this and on multiple interviews
with the street i'd said you know what you know greenland uh hey greenland i mean bitcoin runs
ethereum would also run that's about it you would never have had these policy changes with sec the
cftc you would have none of this stuff none of that you still would have you would never have had these policy changes with sec the cftc you would have none
of this stuff none of that you still would have you would have had all everybody coming for
every single american company that's involved in crypto trying to destroy them okay you would
add all this i don't know how that's bullish at all but you would have still had this okay
uh you we're still doing business with all these people.
Everything's changed.
The landscape of crypto has
changed.
We're now soon going
to have legislation for fucking
crypto. That's pro-crypto.
Yeah, for you guys that are looking
for instant gratification like Andrew,
yeah, it doesn't fit.
He doesn't even know where Russia is located, bro.
He thought Russia and fucking China are best friends.
Russia has no choice.
Russia can stand China, bro.
And I think the feeling is mutual.
Trust me.
Hey, David, David, can you please just say unpause market if you just say it?
Hopefully it'll happen. Please no we're in a we're in a post transition
Hanak it's turtleneck season. Uh, we're a turtleneck. So the market
It's not my fault. If you guys don't have style man. I'm sorry. I'm European. We wear turtlenecks
I mean, you know, are you American or European? Pick one.
My DNA is European.
It just depends on your DNA.
It depends on your DNA. My DNA is
European. Yes, we know.
You tell us every week.
A lot of you guys...
I'm about to put a tariff on your DNA.
I mean, Hanak's family, right? Hanak, you were born
in the United States of America or no?
Thankfully, yeah.
Okay. Your parents are
you were born here. Your parents were
okay. Perfect. So like he
got that runner's blood, right?
You got that runner's blood.
All right. So like there's a lot of people
Hey, you jumped the fence
and we still let you be here.
According to Hotep, I, according to Hotep,
I think according to Hotep,
what did he say about all y'all?
He said y'all were from somewhere.
I can't remember.
Look, my DNA says that I'm 60-some percent European, David.
Probably a lot more than you.
I don't know.
We know that David is Eastern European.
He tells us every fucking week.
We get it, man.
It has to be a reminder.
It has to be a reminder said here
because you guys are like goldfish. After like two minutes, you it, man. It has to be a reminder. It has to be a reminder said here because you guys are like goldfish.
After like two minutes, you forget,
bro.
Wait, David, can we go to K-Dog?
He has to stand up. Ugly ass
American suits. I got people who wear
American suits that try to make fun of me.
This is the craziest shit in the world, bro.
The ugly fucking, what is it?
What's the fucking department stores that you guys shop in?
What is that shit called?
No, but wait, David, why are you wearing your
internal makes that you want us to buy from America?
Hold on, hold on, hold on, hold on.
Should I be buying from America, too?
No, no, I am not buying American suits.
Are you talking about men's warehouse?
Oh, my God.
Men's hair.
You're just buying the last hour for us to bring back
American suits.
No, no, no, no, no.
Hold on, hold on, hold on, hold on.
Now you're not going to buy from America? Hold on. Hold on, hold on, hold on, hold on. Hold on, hold on, hold on, hold on.
I would love to see
European suits made in America.
Okay, I'd love to see it.
But I am not buying
your American fucking clothing.
That shit is ass.
Bro, like you guys,
that shit is, yo, you can't even
find your size here.
It's like triple XL, bro, like you guys, that shit is, yo, you can't even find your size here. It's like triple, triple XL, bro.
Like what the fuck?
What in the motherfucking fuck?
I'm sorry.
Holy shit.
Have you ever seen a, you ever seen somebody wearing an American suit?
That shit looks like, it looks like a fucking cape.
That blazer looks like a cape.
That is ugly.
There's no style to it.
You've been buying some fear of God, some Jerry Lorenzo.
Bro, holy shit.
I wish you motherfuckers would walk into a Prada store or fucking maybe like Hugo Boss or some shit.
Yeah, just walk into like some fucking...
We're in meme coins.
I don't give a fuck.
I don't give a fuck You probably wear it a high
Zara yeah, we're over here at Zara. I mean, I mean Zara is Zara is not that bad
You know when it is just like Zara is not that bad, but like
Yeah, I mean like not not a suit
Better Republic, bro.
Better Republic.
Stop it.
They got suits at H&M.
They got suits at H&M.
Oh, my God.
I'm done.
I'm done.
This is the worst show I've ever had in my life.
Is Sears still around?
Hey, Target.
Target don't look too bad right now.
Do we have Sears suits still?
I'm kind of confused about this.
Turtle suits.
American suits are ugly as shit.
You know, one of the things I had to hop off for a little bit,
and one of the biggest things that people are just kind of glossing over
is that there is an industrial revolution again.
And if you don't understand why we would want that to happen
in part here in the United States, then you're crazy.
Because automation processes and AI are pushing for entirely unmanned manufacturing right now.
Of course, there's jobs that spring up around that.
And if you think that for one second
that America doesn't want a piece of that
and will fight for a piece of that
after outsourcing all of it,
you have to force companies to do it, right?
They're not just gonna do it on their own
because they're already building it overseas.
And if you want others to build here,
you have to make an attractive environment.
By the way, we just had the Trump's tax cuts codified from his 2017 tax cuts codified,
along with a bunch of other things.
And we're likely going to hear a lot more about taxes here coming up shortly, especially
as it relates to coming here and building and manufacturing.
building and manufacturing and trust me we'll utilize the technology and if and if a trade
And trust me, we'll utilize the technology.
deals are going to be um the way to go we have to we have to push our export side of things but
right now we don't export really anything outside of the the biggest exports we have are agriculture culture and energy, right? So no one takes our cars. We would like to push that. But with the
way that things are heading, would you rather have it overseas? If you're an American, would you
rather have the industrial revolution happening overseas? Or would you rather have it happening here right here 100 here so the whining and crying and hand-wringing and the
inability to see the deflationary aspects of what's already occurring right here right now
if we're not gonna if if china's gonna tear up the ever-loving out of our goods just like
we're doing to theirs um which by by the way, we don't have
end arounds to get that in. There are some to get that in. So they can still order and they can go
through different nations to do so. But that'll likely be clamped down on. What happens with
those goods? If they're not going to China, they stay here. What happens here? Deflation.
So you have the inflationary and deflationary pressures.
I've been preaching this since before this even went live. And everybody only wants to look at the inflationary side of things. And they don't want to acknowledge the industrial revolution
that is right on the cusp of booming and how we have a limited frame of time in which we can get a piece
of that over here in the United States. They also forget that the U.S. dollar is a global reserve
currency. And these are the same people that will tell you that BRICS, which is soon to be RICS,
is going to take it over. And see what China and Russia are doing. They're trading energy and
Bitcoin. Yeah, that's a great thing, especially when you're in Bitcoin. It's also a great thing
that we have a reserve of it now that needs to be codified by Congress and start to be accumulated.
So there's a lot of factors at play here, and we are being very narrow-minded by focusing on one and having prolonged, protracted arguments about where we're going to buy our Armani suits from, whether or not we want to, if it's cheaper to fly over to buy them, or if it's going to be here.
Look, we have an event that is playing out out now and the narrative is going to change pretty
quickly.
Just keep on the lookout for it because telling you next week, everybody's going to be a tax
expert.
So, um, get the tariff stuff out of your systems, your inflation, deflation, recession fears
out of your systems, because you got to prep and study up for how you're going to pitch
the tax cuts being bad to, to prep and study up for how you're going to pitch the tax cuts being bad to myself and others.
So are you bullish right now, Landy?
Look, I can't be bullish in a downtrend.
I'm bullish on accumulation.
But I mean, it's a bearish downtrend right now.
And until that changes, it's a move in progress for crypto.
It's a move in progress still for
traditional markets you got to let it settle down see where everything lands um i'm bullish on
accumulation right now i'm i'm you know there's things in traditional markets that i that i bid
heavily um and i'm willing to bid lower same in crypto like and those bids will get exponentially larger the lower that things go
and i'm still gauging whether or not this is going to be a short term like 90 days the quarter
which by the way i mean 90 day pause leads right into what leads right into when powell said he
wants to cut now you see bonds dumping across the corporate sector, right? Corporate bonds,
you see treasuries dumping. Obviously those sellers are pushing yield higher as those are
selling off. This puts the Fed in a bind. And I don't think Trump or Z are upset about that at all,
quite frankly, but it does put them in a bind, right? Um, do they, do they go and they cut rates immediately and then start QE, but then that
causes inflation, but then there's two trills to roll over and there's all kinds of other
shit happening that really puts them in a really bad position.
But we have to, we, we're not even, that's the 10th.
We're not even midway through the month.
Let's see how things shake out in the next week or so,
because that's probably when we're going to start to get some more clarity.
If it keeps dragging on and on and on,
so be it.
Have some fun with the volatility.
By the way,
check out Landy's video.
I'm going to pin it to the top in a second.
It was good.
I love this.
We shall see what happens.
We shall see what happens.
It is 1.10.
I didn't even think of shit.
It is 1.10 PM Eastern Standard Time.
Crypto Talk Radio.
Appreciate everybody for
coming through today.
I still believe we'll be fine.
So let me just sit back.
Andrew says we're going to zero.
He said America can't thrive while crypto is.
Bro, that's crazy.
We're not going to make him explain himself.
I'm just watching all the former...
I see the Democrats just coming out right now
and all the former fucking...
Fucking Biden trolls
like yelling, coming out,
talking mad shit,
trying to put fear into the market.
They're running with it.
Biden's approval rating is going up.
I'm sure it is.
I'm sure it is. I'm sure it is.
I'm saying that Trump needs to focus on fixing America right now.
And I'm for that.
I'm really for that.
I'm saying that it's โ I think it's hard โ it would be hard for him to balance out both of those things.
And what that makes me think is that we're going to go into, like, this temporary, like โ well, not temporary, but I think we're going to go into somewhat of a bear market, you know?
But, like, obviously, we saw yesterday, right? We went up, what, 15%? like well not temporary but i think we're gonna go into somewhat of a bear market you know but
like obviously we saw yesterday right we went up what 15 percent so what we were expecting
when all the tariffs are lifted off what 30 percent like what are you like like the the
rumor for us to get there was literally barely anything so i don't know i want to
pin something this is like i pin on my bearish chart for you guys? And you guys just...
You got a chart here.
You got a chart, Andrew?
Hold on, hold on, hold on, hold on.
Hold on, hold on, hold on.
Hold on.
I got to close this room out now because
I see somebody
decided to waste money
on my room.
It's about it, I guess.
But this is what happens when you start talking about pause markets.
You start getting surrounded by bears.
I'm just going to say, put it out there.
A pause market is not bearish.
A pause market is not bearish. A pause market is not bearish.
When David hits play on this market,
y'all are going to be very sad in your short positions.
Watch.
Watch what happens, bro.
Watch what happens.
Anyway, I want to thank everybody for tuning in.
Appreciate you guys.
Tune into the shows.
You already know the shows.
I don't have to repeat them every single fucking time. I don't give a if leslie wants to find me i'm tired of repeating it okay um but if you don't know
okay fine i'll do it jules has a show on right now uh at 2 p.m east of the
standard time you'll have jewels on with uh soka and they're doing the money maxis
uh money maxis great crypto conversations definitely uh dope to
go ahead and tune in and listen into uh 100 um you have uh on the kick network you have um
the griff report with hotep jesus go ahead and learn a bunch of shit with him um i'm sure he's
gonna be talking about the epstein files he was like he's making sure
that everybody remembers man this we're still waiting for them files i saw his last tweet i
started uh i chuckled at that that was funny uh 4 p.m east of the standard time we got julie
kenneth she's on uh youtube breaking down crypto uh 9 p.m east of the same time you got me
you got me back and i'm doing the nightly recap i know you guys miss me i'm sorry
that you had to tolerate whatever that was yesterday um and plus things that are not on
that word go tune into a show at night there's a show at night okay noble runs in they talk about
crypto there's nothing else honestly i'm telling you there's nothing else out there at night it's
just boring i've been in those spaces just like nothing else to yeah it's just whack um what else is there um the meme pod check that out from hanok
uh also check out if you want to if you want to hear some crypto talk also go check out cousins
uh on that note uh don't listen to andrew And on Sundays, tune in to talk things.
And also the crypto
conspiracies and also
Landy has his
three fucking videos, Monday,
Wednesdays, and Fridays. You can tune in to that.
Listen to that.
He has some good content, of course.
And, yeah,
I'm fucking out. I've promoted everybody
on this fucking application.
There you go.
Can we say that?
Can I tell everybody to turn in on Sunday
because we are going to be talking about flat earth theory
and how that plays into effect.
Oh, gosh.
Oh, gosh.
Yeah, whatever.
Whatever.
Bring Jules in there.
Where's my promo?
We are under affirmament.
I have no clue what the fuck you do.
What do you want me to hype you up about? You don't know what I do, David? Wait, hold on, David. You don't know what the you do what do you want me to what do you want me to
wait hold on you don't know what i do i do this david this is what i do
we winning all your big exes david i'm talking that's it that's it andrew is winning while
he's drinking his all right tune in to andrew he goes in. He'll tell you after the fact that he's made 100 sold.
All right, so tune in to Andrew so he can tell you that.
He went into a position, and he made bank, but he didn't tell you.
So, yeah, I guess.
Is that what you want people to tune in to you for?
I mean, to hear that you want to.
The timeline, don't lie.
My proto-KOL thing, don't lie.
You know, I call you early.
They call me Andy's always early.
That's what they say.
I had such a really good comeback on that one,
but I'm going to spare you today.
But again, shout out to everybody, man,
for tuning in and continuing to tune in.
Appreciate you guys very, very much.
And we will see you tomorrow.. And we will see you tomorrow.
Yes, we will see you tomorrow.
Next week, we got...
Next week, I have fucking Charles back.
Hopefully, we have him.
We have him back next week, Leslie?
Is it next week?
Hold on.
The ice might be at our door,
so hold on one second.
No, it was the Black Vans because I'm going to talk about conspiracy theories.
But anywho, I don't think next week. Remember, he's over there in the jungle, wherever he is.
Whatever. Talk about something special with you on your show when he gets back.
No, don't reveal that. Don't reveal that. All right. On that note, thank you so much, guys.
Tune into those shows. Give everybody a follow.
Listen, we got a lot of good people up here.
I don't know about capitalists, man.
Capitalists will start fucking wilding out here.
I'm the best one, eh?
Bobo Billions.
Bobo Billions.
It shall stay Bobo Billions, man.
And why the fuck does anybody care what anybody else is into, man?
Obviously, the gayest space on Earth.
All right, peace.
You're in this.
I can't believe it.
Give me friends.
You can't. I'm again.
