Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
Is he gonna do it in the short term?
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
Probably not.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
But in the long term, if we start seeing a lot of people buying cars there and then driving them over, I think he will respond with tariffs.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
He is going to keep Chinese EVs out of America unless he thinks he's trading for something else.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
Because from what I hear, and I haven't done a super deep dive on this, but from what I hear, given the Chinese ability to manufacture at scale just absolutely incredible things,
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
they can offer a far superior car for far less.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
And so right about now, Americans are in the market for something better and cheaper.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
So the reason that we don't have a gaggle of Chinese cars on the market is because we tariff the life out of them.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
Now, should we be doing that?
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
Almost certainly, yes.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
We have to, people need to understand that if a country cannot manufacture
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
its own goods, that country is in a horrifyingly weak position, especially if you have a 75% chance of going to war with the people that actually can produce things well.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
In a kinetic war, you better be able to make things, things that move fast, shoot clearly, like you just really can't play.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
And right now China basically
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
controls our entire supply chain for drone technology, being one of the many things, our advanced way of life from the rare earth minerals and refining processes that control chip manufacturing and all of that.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
All of it goes through China.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
Now, we can get into all of the complex reasons why we did that, which get back to the core of your question, which is, OK, this is a chess game.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
You've got Trump, who is, I think, very good at first order consequences.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
I think he's potentially and in fairness, I need to see some of this stuff play out in the fullness of time.
Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
But I think he's much worse at second and third order consequences.