Erik Bethel

It's a lot of money.

That's another 10%.

Korea, Japan, Australia, and the Philippines are the ones that we should most closely follow.

I'm concerned politically about where we are, with the exception of the Philippines, and I'll explain.

I'll begin with Japan.

Japan's prime minister, well, he's part of a political party.

They're called the LDP.

And for the first time in quite a while, they don't have a majority in parliament.

The second party that's there is called the CDP, and they are much more conciliatory toward China.

They're not necessarily in favor of growing the defense budget.

And so Ishiba, the current prime minister, has to sort of appease the various constituencies in parliament.

So he's not a strong prime minister like Prime Minister Abe was several years ago.

That's Japan.

Korea is a disaster right now.

Former President Moon had martial law.

He's in jail.

He may face many years in jail, up to potentially the death penalty.

There's a snap election that's being held next week.

Why is he in jail?

And right now, the left-wing guy, there's an election next week, and the left-wing candidate, whose name is Lee, is favored to win.