Captain Jim Fennell
π€ SpeakerAppearances Over Time
Podcast Appearances
He is instead surrounded by enablers.
The federal government is taking legal action against those whom Trump once punished.
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Uh, Steve, uh, first, thanks for having me on.
Yeah, there's no question.
You said it earlier.
We are in an economic war right now with the people's Republic of China.
And, uh, the, the, the tit for tat actions that have been going on over the last 48 hours, or you could even say since, uh, the, the end of September are all an indicator that Xi and the Chinese communist party have decided they've done their calculations, what they call their comprehensive national defense.
uh planning and their scientific development they've gone through the numbers and they think that they can throw down with the united states in the economic arena and so they've made these moves to uh tell australia you have to buy our or we'll buy your ore but we're only going to pay you in our currency rmb uh the yuan uh we're only gonna you know we're gonna ban these uh rare earths to uh to the united states and all of this which you will get into later but they're taking these very pointed and direct
actions against the United States economy to break us.
And Xi has calculated that he can achieve a victory on this.
And I think it's really important because you talked about Wall Street and the people that have caused us to engage and to invest in the Chinese market and the Chinese economy over these last many years.
But it's also the people that are in our foreign policy and national security establishment in Washington, the people that preached engagement for the last 30 years that told us we must engage with China.
And then they said, don't worry about it.
There's no threat.
The threat's not real.
They're never going to be close to us economically or militarily.
We don't have to worry.
We just keep engaging with them and they'll become more like us.
And now we're in this position where they've got a knife to our throat, both economically and increasingly militarily.