Trump is Using the Iran War to Get Richer (ft. Anthony Scaramucci)

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Raging Moderates with Scott Galloway and Jessica Tarlov 33 min 4 speakers 8 chapters transcribed 6 months ago
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How is the Trump family profiting from the Iran conflict?

Anthony Scaramucci 0:03
You can tell a lot about a person by their accent. I really do say, I pog my cat and have it yad. Everyone around here says, like, coffee and dog. We're so attached to the way that we sound because it tells a part of the story of who we are. Your accent? Decoded. That's this week on Explain It To Me. Find new episodes Sundays wherever you get your podcasts.
Scott Galloway 0:30
OK, but Trump doesn't care because Trump's going to pardon himself and his family members on the way out because he's broken every other norm. Don't don't think he won't break that norm as well.
Jessica Tarlov 0:41
You don't think there is ever any shame component? Shame. Yeah.
Scott Galloway 0:46
OK, let me look for the shame. Hold on. I'm going to look on. Hey, are you down there? Come on. Shame.
Jessica Tarlov 0:59
Welcome to Raging Moderates. I'm Jessica Tarlov. And back by popular demand, one of mine and Scott's favorites, though we usually hang separately. We've got to do a joint hang. Anthony Scaramucci is here, founder of SkyBridge Capital, 10-day White House communications director.
Scott Galloway 1:16
Eleven. Eleven, Jess. Why did you hit me? That last day was so important. I got fired on that last day.
Jessica Tarlov 1:23
It's a big day, though. I was reading about it again, like with the Reince Priebus angles and the Sean Spicer angle.
Scott Galloway 1:29
Anyway, I mean, those guys, my God. All right. Anyway, let's keep going.
Jessica Tarlov 1:35
That's it. Welcome to the show. Thanks for joining me.
Scott Galloway 1:38
You know, my nickname for Spicer was Liar Spice. You know, all the Spice girls have a nickname, but his was Liar Spice. You know, what a guy. All right. Keep going. What are we talking about?
Jessica Tarlov 1:50
Well, let's talk about Iran. Peace plans are flying back and forth, according to reports. The U.S. sent their 15-point plan to Iran. Iran responded to this all via Pakistan. Iran responded with a wish list that's obviously never going to happen, with the U.S. closing all their military bases in the Gulf states, lifting all their sanctions. What stage of the conflict... do you think that we're in and how much credence do you give to the idea that we're having meaningful negotiations? Iran said this morning that the U.S. is negotiating with itself.
Scott Galloway 2:28
I mean, Trump and his acolytes are trading the market. I mean, it's a broader comment because the Democrats also do the insider trading. It's a bipartisan indictment. But I think, you know, he's nowhere on this. And I predict escalation. And so I want to be the contrarian here because the oil markets are saying no. The stock market is saying no. But you're moving marine expeditionary forces into the region. You're moving the 81st or the 82nd Airborne Division. So the 82nd Airborne Division of the region. And so Trump is like a 12-year-old. He's not going to not use those things. So three, four weeks before the invasion, people said, well, is he just using aircraft movements as a negotiating pressure point?
Scott Galloway 3:17
And I said, no, that's not his personality. He'll end up using the stuff because he likes it. Remember, he's a full-on narcissist like him, objectifies people.

What role does uncertainty in the Strait of Hormuz play in wealth extraction?

Scott Galloway 3:26
So this is a video game, and these are just objects in his field of vision. So people die, as he's been very callously saying, no, people die. That's what happens in a war. He doesn't really care. So I see this escalating because in the 15 points, there's a couple of things they're never going to accept. Number one, is they want them to accept the existence of Israel and Israel's right to exist. They're just never going to do that. You have to understand their doctrine over the last 47 years and what's embedded in their radical Islamic constitution. They want the destruction of Israel and they want to export their radicalism into the Gulf states. And they've done a pretty good job with proxy militias,
Scott Galloway 4:14
terrorist organizations, state-sponsored terrorism. And this is the sedimentary rock, Jess, of their foundational principles. That's number one. Number two, they are not going to give up their nuclear weapons or the potential pursuit of the nuclear weapons because they studied what happened to Gaddafi and they studied what happened to other people. And they also studied what happened to Kim Il-Jung.

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