Tom Bilyeu
👤 SpeakerAppearances Over Time
Podcast Appearances
So, yay!
Expect a wave of announcements like that from the holdouts in the coming weeks.
Now, given how much of the world's pharmaceuticals come from China, you can't ignore this.
You just cannot rely on our relationship with China right now remaining stable in the coming years.
And you don't want them to be able to choke you out, Hormuz style, with pharmaceuticals or rare earth metals, magnets, etc.
So we've got to make sure that we are preparing for an escalating problem with China.
Because if we leave ourselves in a situation where they can cut us off from things that we are absolutely reliant upon regularly,
we are going to be in a way worse position than we are with the things that Iran can cause disruption on, obviously barring a nuclear weapon, which would be even worse than pharmaceuticals.
Well, he's saying it's only going to be cheaper because I'm going to raise prices on you first.
Yeah.
Yeah.
Yeah.
And then the government starts optimizing around that.
And so you can think of it as like industrial tourism.
So it's like, we want to be the place that you come to do this kind of manufacturing.
This is exactly how China pulled 400 million people out of poverty.
They were like, well, we're a dictatorship.
I'm less and less comfortable calling China currently a communist nation.
I know they call themselves that, but it's more just a dictatorship.
So I can force everybody to do what I want.