Unidentified

Wait, let's talk about those new economic trade deals. Let me finish my sentence.

Wait, let's talk about those new economic trade deals. Let me finish my sentence.

Okay, wait, wait. Let's talk about the unfair global trade practice. What exactly is that? What is unfair about the global trade practice right now? Is it interdependency or is it the buzzword trade deficit?

Okay, wait, wait. Let's talk about the unfair global trade practice. What exactly is that? What is unfair about the global trade practice right now? Is it interdependency or is it the buzzword trade deficit?

Let's actually talk about that and the reason why tariffs hurt us. I know why it's happening. I'm saying it's bad. I'm saying it's bad we can't make our own drones. So then let's talk about wages. Wages are one of the biggest costs to any manufacturing plant. So whenever you have people in Mexico getting paid $13 a day compared to California's $16 an hour, isn't that a difference? Of course it is.

Let's actually talk about that and the reason why tariffs hurt us. I know why it's happening. I'm saying it's bad. I'm saying it's bad we can't make our own drones. So then let's talk about wages. Wages are one of the biggest costs to any manufacturing plant. So whenever you have people in Mexico getting paid $13 a day compared to California's $16 an hour, isn't that a difference? Of course it is.

No one's not acknowledging it. Exactly. So then how is a 10% to 20% to 30% tariff going to change that? It's 10 times more expensive, not 30%.

No one's not acknowledging it. Exactly. So then how is a 10% to 20% to 30% tariff going to change that? It's 10 times more expensive, not 30%.

So, yeah, you go through negotiations or you just fuck it out. As a company, you have to, like, actually sit it out. I mean, you guys laugh about it, but that's what's happening right now. The cost is going on to you guys. Let's say you're Toyota. How do you avoid the tariff? I mean, you would have to move your manufacturing plant to another country. You mean America?

So, yeah, you go through negotiations or you just fuck it out. As a company, you have to, like, actually sit it out. I mean, you guys laugh about it, but that's what's happening right now. The cost is going on to you guys. Let's say you're Toyota. How do you avoid the tariff? I mean, you would have to move your manufacturing plant to another country. You mean America?

That costs hundreds of millions of dollars. I'm sorry. I'm sorry, y'all. Are you going to think a billion-dollar company is going to just pick up all the things and move across the world?

That costs hundreds of millions of dollars. I'm sorry. I'm sorry, y'all. Are you going to think a billion-dollar company is going to just pick up all the things and move across the world?

So then why did their stock just plummet? I lost $4,000 investing in NVIDIA stock. That was your decision. That's my bad.

So then why did their stock just plummet? I lost $4,000 investing in NVIDIA stock. That was your decision. That's my bad.

But regardless, The point being is that the market was hyperinflated. It was hyperinflated, but regardless, it wasn't just NVIDIA. Let's talk about the other 500 companies. It was all red. That was a 5% loss.

But regardless, The point being is that the market was hyperinflated. It was hyperinflated, but regardless, it wasn't just NVIDIA. Let's talk about the other 500 companies. It was all red. That was a 5% loss.

Okay, last point. So obviously you think that tariffs are the backbone of this economic policy, correct? So we're using that as leverage for trade, correct? Correct. So what are we actually negotiating for? Is it keeping the United States dollar as the global reserve currency? Partially that.

Okay, last point. So obviously you think that tariffs are the backbone of this economic policy, correct? So we're using that as leverage for trade, correct? Correct. So what are we actually negotiating for? Is it keeping the United States dollar as the global reserve currency? Partially that.

That's not going to happen. Wait, wait, wait. We have different formulations of oil. There's a reason why we aren't supplying the majority of oil.

That's not going to happen. Wait, wait, wait. We have different formulations of oil. There's a reason why we aren't supplying the majority of oil.