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Summary
Transcript
It’s in that newsletter, and it’s word for word, frame for frame. It’s perfect recapitulation, and all you gotta do is go there once. And the newsletter comes out late in the afternoon or early evening, depending on your time zone. And all we need from you is to go to the commonsenseshow.com and then click the link for the newsletter. Put in the only required field, which is your email address, and then we’ll send that to you every day thereafter. You don’t have to do anything else. And it’s really, really a time saver. Over 50,000 people are doing this, and I think you really appreciate it.
Hey, we’ve got a really interesting topic for you today. China is imploding, and we did part one earlier, and we’re doing part two. Part one, we actually talked about Ben Loy, the Chinese phrase for Let It Rot, which is what the majority of the young people in China are saying the CCP. They’re being hired as domestic engineers to work in mommy and daddy’s house, because they don’t want to get into the corrupt Chinese system. And they’ve been cut out in so many ways. And in this particular part, we’re going to talk about how the Chinese youth have had many opportunities stunted.
And it’s really more of an upper class dominating the lower classes. And we have some of that here. And really, under the leftist, it’s really proliferated. And now we’re kind of coming back to Earth, because Trump is really the working man’s president. I mean, he would have been a Democrat 50, 60 years ago. And so we’re going to get into that. What is China doing to really kill their own country? I mean, their own arrogance is just self-destructive for the Chinese in many ways. And we’re going to hit that and then try to look at comparisons.
Do we have that warning signs here? Are there any chest pains before the heart attack that we need to be concerned about? And there is. Now, people often ask me, Dave, you know, you sell some product products. What’s the one thing you would do that could optimize how you feel in your health? And I’m going to show you that right now. These three bottles on the left are the same here. The nanosomal liquid spray. Maintenance dose is five sprays once a day. But you can I use when I was in crisis with RSV and strip lung linings.
I used it every hour in the hour. This doesn’t cure anything. You say, well, why isn’t he good? Because it boosts your immune system tremendously. And if you go to I want my health back dot com slash Dave Hodges, you’ll see how this does it. And then number two, I would say this topical gel that I put on troublesome joints as I try to work myself and even better condition than I’ve been in in 25 years. That gel works to do that, at least for me. And there’s decent research to support this. I’d say you do that, too.
And then they have the vanity product. And I put all three together. And what they call the magic die call starter pack. It’s 15 percent off. And for me, one and two are irreplaceable. I can get better without looking like my younger self. OK, but I can do just fine. But, you know, I’m kind of indulging that because it’s part of the starter pack. And I really recommend for the best deal and to get the optimal effect that I got. Go to I want my health back dot com slash Dave Hodges. I want my health back dot com.
Slash Dave Hodges. OK, now the Chinese system is imploding and inherently and on the surface, that makes them very dangerous. This is really what prompted Japan to do what they did. They could not project their military power globally. They could do it regionally. So they first went into Manchuria and then they spread throughout some parts of Asia where they took over for their natural resources that they didn’t have to support their industrialization. Goals. And so they took a military approach and they attacked Pearl Harbor, knocked it out, thinking the U.S. would just go away and they would be able to continue in the Pacific unabated.
And they really guessed wrong. They really underestimated the American resolve. And Admiral Yamamoto, who studied at UCLA, tried to tell him. He said, these people are not going to quit. And then he said, after Pearl Harbor, we’ve awakened a sleeping giant. And that was true. That was true. The people that signed up to fight. I mean, they didn’t have to draft in the early part of the war because the people volunteering were around the block and stretched several blocks at the selective service centers to sign up. It was absolutely a fantastic show of patriotism. The Japanese didn’t count it.
I’m warning the Chinese. The same thing will happen again. Now, some of the patriotism, which is starting to come back under President Trump. It’s been dormant for quite a while. But you attack American interests, China, and you’re going to find out the hard way that this country will not go away and lay down so you can project your military power on a regional basis. Now, what is China doing internally to destroy itself? They’re self-destructive. Now, keep in mind, their entire goal, the CCP, is to facilitate the success of the wealthiest class, the elite and their children.
So what they’ve done is over the last two years, over the last five years, they have done some really unproductive things for their economy. They have pissed a lot of their people off, all in the name of our arrogance and our hotiness as the elite of the CCP. Let me give you an example. If you are a middle-class kid, your parents were saving up money in China so you could go get the tutoring you needed to pass a standardized test. And everything in China is standardized. But it ain’t like the crappy standardized test here, which don’t mean a damn thing.
And they’re not statistically tied to success. And I’m speaking about No Child Left Behind and Race to the Top. And those scores never came in for requirements for graduation. Why? Because they weren’t correlated anything meaningful. They were just words on paper to facilitate profits for the people that were behind these programs. In China, it wasn’t that way. That tutoring was serious business, serious test scores that did tie into success or predictive success like the SAT. For example, and that was in China and they were really stuck to their standardized test. Tutoring brought these kids up. And so the middle kids were competing with the super rich kids and the CCP elite did not like that.
So they outlawed tutoring. Well, what ended up happening is now you’re producing a deficit of scientists, economists, and you piss off the middle-class kids because you’ve cut off an avenue of success. Ben Loy, let it rot. Lay down. Lay flat was another Chinese saying they had. We’re not doing your system. Your system is corrupt. Oh no, we know we can’t rise up. The all powerful CCP will really squash us like a bug on a windshield. But nonetheless, China’s in quit mode over this Alibaba. Okay, now the Chinese are slowly getting out of the country. I’m talking about the rich, but they’re not the elite rich because their businesses are never safe.
Alibaba is a great example of this. And other Chinese firms that branch out become capitalistically profitable beyond what the CCP can tax. And then the CCP cracks down and imposes more tax. And people are saying it doesn’t pay to start a big corporation here in China. And if you grow too big, uh uh. So you know what these guys are doing, by the way, there’s flight from China. And you go, what do you mean? Okay. The Chinese are not going to let a rich family, but they’re not elite, but a well-to-do family. They’re not going to let them leave.
So what happens is the kids go study abroad and mama goes to watch the kids later to make sure nothing happens to them. And then daddy goes on a business trip. Now they’ve tried to move money out of the country as covertly and clandestinely as possible, but the price of getting away from this system is to leave a lot of their wealth behind. This is how bad it is that many of the well-to-do, but not elite families are getting out of China using this model. And if the Chinese catch you, it is not pleasant. So that’s creating dissension among what we label here in America as the upper middle class.
And so we’ve got the mid kids, you’ve got the upper middle and the poor have no hope to begin with. So you’ve got an alienation of everything but the elite. And this is what’s tearing China apart. And Alibaba is the way that was handled was just the example, but real estate firm, same thing. Now here’s the other thing. Let’s say in China, you’re just content to be average. You just fit in and you know, the party will take care of me and blah, blah, blah. Okay. Well, you still need to have a bank. Okay. Now I want to digress just for a minute.
Whenever I do an ad for noble gold, which I’m also a customer many times. In fact, most of the time I mentioned the Dodd-Frank law of 2010 that you’re in second place and the bank can seize your money and any retirement or investment vehicle associated with the bank because you’re an international bank. You know, I’ve asked bankers that I know. Yeah. Yeah. But we really don’t talk about that. Yeah. You know, because it’s legalized theft. Well, China has the same thing, but they didn’t need a law to be passed to do it because the party owns the banks.
That’s the CCP and what they say is law in the moment that they say it. And so here’s what’s a big thing happening in China. There’s many things happening with banking that are pissing the people off. But there’s one thing in particular that’s really making them mad. Let’s say Chinese equivalent in dollars. Okay. So we’ll move away from the end to get you to understand this. Let’s say that you’re a Chinese man and you’re doing well in the middle class. You’ve got a side business that the States approved up and you’re making money and you’ve socked that money away.
Now you’ve got a hundred thousand dollars set aside for the sole purpose of starting your own business and monetizing it. So Mr. Lee, for example, or Mr. Smith to use an English name example, you go to the bank and you say, okay, I need this money in the form of a cashier’s check. And I need in these denominations because I’m buying this equipment to start my business. I’m so proud of. And thank you bank for helping me call. I’m sorry, Mr. Lee. You don’t have the funds in your account for us to issue these checks.
Well, what do you mean? I don’t have the funds. Here’s my deposit history right here. On my statement, you mail to me. Oh, I’m sorry, Mr. Lee, that money’s no longer there. Uh, you volunteered in quotes to put it into the bank retirement fund. Now here’s what’s happening. The economy is so bad in China and the currency is becoming so debased that the banks for survival are seizing their own customers money. Now they don’t want riots if they can avoid it. They don’t fear them, but they don’t want them. So what they did was very very clever.
They created these fake retirement accounts that you’ll never see a dime from. And then they took people’s savings and a portion, a good portion of their savings and they put them in a retirement account created by the bank. How do you think that’s going over in China? Yeah. Yeah. Yeah. How would that go over here? This is why I tell you, get your money, the hell out of the bank and just leave operating capital and you need to go with precious metals because that’s the head of the bank. You need to take a lesson from the Chinese, but back to China.
Why is China imploding? Well, let’s go over it. Destruction of educational services like tutoring. Okay. The lack of material support and over taxation of rising and accomplished business. And then selling them out when they’re no longer profitable. So there’s no trust in the communist party by the upwardly mobile and they want to leave the country and the Alibaba scenario and scandal is the example of that. And then of course we’ve got the banking shenanigans that are going on where what you earn is not really what you earn. And the saying is according to CCP, what’s ours is ours and what yours is also ours.
And we’ll take it anytime we want. We may disguise it to try to lessen your anger. But we’re still going to take it when we need it to keep our banking system afloat. How do you like them apples? Well, we sit on the edge of some of this in this country and this is clearly what we were going through in the last administration. And it’s what the Chinese are going through. So people say, well, China is going to conquer the world. They’re not capable. They’re not capable. Oh, they can wreak havoc with their nuclear weapons or submarines and so forth.
But the bottom line is they still can’t project economically. They have an oil insufficiency problem. They have a currency to basement problem. This is why they’re trying to hoard gold. They’ve even gone to two tiered currency system to try to cover up this. That never, never works. Argentina did that back in the seventies. And what did they have 200% inflation? Yeah, it didn’t work. And the Chinese are just they’re basically treading water economically. And so when I tell you if America and Russia ever aligned, if that day comes and they can solve the Ukraine war and the Iranian crisis can be mitigated, China will be joining in because economically they can’t compete.
Interesting worldview, isn’t it? But this is where we’re at. China will never be the world policeman unless there’s not much of a world to preside over. And my fear is, is that we go to war because NATO gets too aggressive with Russia over Ukraine. And Russia unleashes nukes. Nukes are going to fly in all directions. And that’s my nightmare scenario. And I pray to God almighty that does not happen in the name of Jesus. I pray that you should pray it too. This is the common sense show. Thank you for joining us. Check out our TV show, the common sense show.tv.
People love it, especially our new hips series, hiding in plain sight. And we will see you back here again next time. Thank you. [tr:trw].
