Yannis Pappas Hour - 4D Tariffs or TikTok Toe

Episode Date: April 5, 2025

It’s post-Liberation Day and Yanni’s got thoughts. Will the American worker answer the call and put down the phone, clock in, and start sweating again? Or are we too deep into DoorDash and... dopamine? Will foyers be stormed, or will everyone just leave a nasty Yelp review? And hey, what even are tariffs? A little history lesson, a little confusion, and a lot of Yanni touching his big nose between his beady eyes.   Support our show: https://www.patreon.com/yannispappashour

Transcript
Discussion (0)
Starting point is 00:00:00 What's up everybody? Welcome to the Yanis Papas Hour on post-liberation day. All the slaves are free and women can vote and everyone has the right to life, liberty, and the pursuit of how you're going to be able to afford eggs. Liberation day has been, I think, branded twice. I guess the first Liberation Day was when Donald Trump was elected into office and now he has officially branded the tariffs going into effect day as Liberation Day. So we have now slapped 10% tariffs on all imports on top of it seems Different percent tariffs on different countries with China getting hit pretty hard
Starting point is 00:01:13 I think was it a 60 40 60 50 36% which maybe if you add the 10% I guess that's 46% I'm no percent guy But it's almost half. So the tariff war has started and The the pies in the oven the pies in the oven the American pies in the oven and we're waiting to see what happens Some people are saying this is gonna be devastation and some people, I say most people, but very few believers. And I think those people tend to be
Starting point is 00:01:50 just the biggest Donald Trump supporters are saying this is going to be amazing. And I think one or two very good economists are saying this is going to be good, right? And I think it's going to be good, or I think it's going to be bad. I don't know. My instincts say that if we're gonna do something this radical, I think maybe what you want to do is prepare. You want to get things prepped. You want to get a
Starting point is 00:02:17 little media campaign out there going, hey, most of you on TikTok, we're gonna need you to start delivering pizzas. We're going to need you to start being nannies. We're going to need you to start figuring out how to put little microchips into semiconductors. We're going to get a lot of you into school and get you prepared to do what unfortunately the Vietnamese are ready to do right now. to do right now or the Chinese are hey guys we're gonna need you to not go to the Chinese buffet because we're exporting all the people who are here on visas or whatever we're gonna kidnap them off universities because they said something bad about Israel and they're gone and we are gonna need you to learn
Starting point is 00:03:02 how to suffer a little bit. Suffer just like the Chinese. Is that possible? Can you go from six slices to two? I'll answer that question. I cannot, Mr. President. We're going to need you to keep that iPhone for 10 years and not two. I'm going to say I cannot do it, Mr. President. I need the next fucking camera. What's the next camera going to do? Shoot slow motion? I need it. I need it. I cannot
Starting point is 00:03:32 do it, Mr. President. He goes, okay, that's fine. Cause you bullshit for a living and you go on stage and you talk to people and you make them laugh. You're okay. But for everybody else, it's time to get back to work. But this is, you know, you got to prepare, you got to ease people into this. You got to ease them into them. You got to, or maybe you just ripped the bandaid off. Or maybe you just ripped the bandaid off. It's like when you break up, you break up like a man or you break up like a woman.
Starting point is 00:04:01 This is more of a man breakup. Just rip it off. I'm leaving you. Your breath stinks and I don't like it. I'm having an affair with another woman. This marriage is over. I'm leaving you. I'll see you in court. There's no prenup, but prepare to suffer
Starting point is 00:04:15 because I can afford a high-priced attorney and you can't because I don't have to court order, give you nothing right now. So take your little Libby pro bono lawyer and good luck ladies because I got what you call ready to fucking fight. It means a good lawyer. Or do you break up the way a woman breaks up? I'm starting to. Not now I'm not in the mood. Not tonight. You weren't in the mood. Not tonight.
Starting point is 00:04:47 You weren't in the mood last week. No, something's weird. Something's off. I've been thinking about my career. I've been thinking about my life. Okay, well, let's talk about and fix it. Okay, we'll talk about it tomorrow. Okay, we'll talk about it tomorrow.
Starting point is 00:04:57 Okay, we'll talk about it tomorrow. We'll talk about it tomorrow. Meanwhile, she's dating other guys. She finds another guy and then she says, it's time for me to leave you. It's not you. It's me. I need new things. This is I just decided I don't want to have kids. And she leaves out the with you part. And she's already pregnant with the new guy. Or do you do it that way? Since I'm more of a female, I would think we would have done it that way. Prep the American
Starting point is 00:05:27 people. Get the job training programs back, you know? Dominoes, delivery, get ready. Cleaners, get them ready. Start teaching factory work at schools. start putting some expectations on your consumer habits because prices are about to go up on Amazon because everything is made in Zyna. It's made in Zyna land. It's made there. So now we got big tariffs on that stuff. So you can't just hop on Amazon and get a piece of plastic for cheap anymore.
Starting point is 00:06:13 That piece of plastic is worth it. So if you need it, make sure you need it. Also things that are on the shelf now will be gone tomorrow. Uh, there's going to be a panic toilet paper. I hope it's made in the United States. Please God. But I don't need to worry about that. I got a bidet and I got plenty of rags I can clean. I got plenty of washcloths I can clean. You know, shit stains stay, but smells go away. Remember that. Hopefully toilet paper's not made in China. I don't know but
Starting point is 00:06:47 things like this, hold on to the one you bought. Made in China. Hold on to the one you bought. It's a little thingy that you don't need but makes your life a little more convenient. You just put your iPhone in it, just be prepared that you're gonna be doing a little bit of this, maybe a little less of this and a little more faucet drinking. Who knows where this plastics made, you know, uh, if you got a company called bespoke posts, which is not promoted, fuck them. They haven't given me money in a long time and you get something that you don't even know what it is.
Starting point is 00:07:21 It opens and closes and you can put stuff on it and you can pay for it with disposable income because it's very cheap. Say goodbye to these little puppies. You're going to say hello to these because PCB Tech's arts mom makes these. But say goodbye to these. I don't know what it is. It's a little shit that we've been selling and buying to each other whatever it is I
Starting point is 00:07:49 assume Now this is a little sturdier. Maybe made the good old USA But we're gonna be going back to longevity Remember your dad had his favorite TV Do we have an American TV company? Do we have an American TV company? Thank God I bought this. Oh God, now the Samsungs are gonna be worth something again. So people are gonna start breaking into the houses again.
Starting point is 00:08:11 Right? Because they're gonna want the Samsungs, the LGs, the Sonys. Cause do we even have an American TV? Do we have a Buick TV? Do we have, do we have an American TV? If you got a Canon camera, hold it. Polish it. Dust it. Clean it every night. It's going to have to go long haul.
Starting point is 00:08:39 But the problem is all these things are made to self-destruct. So you know what Korea is going to do on the Samsungs? Pull the plug. They're gonna pull the plug on every TV. Do we have anything that's not a Japanese or South Korean TV? Because they got slapped with tariffs as well. And the tariffs are big.
Starting point is 00:09:01 So it comes down to that. Is this going to be a disaster or is this going to be good? What nobody disagrees on is this is gonna be a little bit of a painful transition in the interim. We got Element Electronics out of South Carolina. They assemble some TVs in Winnesboro, South Carolina using imported parts, dammit! Dammit.
Starting point is 00:09:37 You got Silo Digital and Camera in California, which also use overseas components. You got Sierra, Swera in Wisconsin. They specialize in luxury mirror and outdoor TVs, and they also have imported components. And that's it, and that's it. So don't use your TV a lot. Use it a little.
Starting point is 00:10:07 In fact, this is a great way to cut down on your kids screen time by just saying, we're about to enter a little bit of an electronic sort of depression where our products have to last a little bit. Canada and Mexico for now have been spared the tariffs. The list has come out this week. You've all heard about it.
Starting point is 00:10:30 You all know it's happening. And Donald Trump and his advisors and his economic team believe that getting rid of tariffs is the worst decision that America has ever made. Ronald Reagan begs to differ. Republicans are for tariffs now. Republicans, I don't know. This is, this is, some people are for free trade, no tariffs. So Jesse was going, the best that can happen is who blinks first. And you know, because these tariffs
Starting point is 00:11:16 are not happening in a vacuum. So the other countries are expected to retaliate. Already South Korea, Japan and China have strengthened their trade agreements in retaliation and preparation for the tariffs coming from America. So we're sort of pushing our allies into China's hands economically. So that seems like it could be bad. But it also, supposedly I'm told, is going to be good in 50 years. So I'm told just hold on for 50 years and this will be fine. So Trump gave a speech and he said
Starting point is 00:11:52 the Great Depression would have never happened if the US had not discontinued tariffs. So what happened was the US had some tariffs, discontinued tariffs, the Great Depression happened, and then what was it, a Hawley-Smoot? Smoot-Hawley Act. Smoot-Hawley or Hawley? Hawley. Smoot-Hawley enacted in 1913 tariffs again, and most historians and economists will say that that worsened the Great Depression, the tariffs. But Trump is saying that removing the tariffs
Starting point is 00:12:29 and beginning the income tax is what caused the Great Depression. The income tax started in 1913, the federal income tax. States had certain taxes that they gave some sort of income tax and it varied. Of course, empires and countries have been collecting income tax since the beginning of civilization,
Starting point is 00:12:51 but America didn't have a federal income tax until 1913, and Trump is saying that income tax is what caused the Great Depression, because before we didn't have an income tax, and we had tariffs, and the government just lived off of tariffs. They got their money from tariffs, not income tax. But I assume that goods were taxed, right?
Starting point is 00:13:12 So if you went to the store, did you pay a tax if you bought something? It looks like there was some, there was property taxes, sales tax, but this was all implemented by the state. It was all state. Poll taxes, corporate and business taxes, and state income taxes, and Wisconsin was the first state to implement the modern state income tax in 19, even before, in 1911, even
Starting point is 00:13:41 before the federal income tax in 1913. Some other states had temporary income taxes during times of war or financial crisis. So, for example, there was an income tax, a federal income tax during the Civil War to help fund the war effort, but then it was revoked. And at that time, only the wealthiest Americans had to pay taxes with a rate that started at 1%, which seems pretty sweet, and a maximum of 7%, which seems pretty sweet compared to the 30, 40, 50, 60% that some, nobody pays 60, right? Now we pay around 50.
Starting point is 00:14:20 Around 50. When you put everything together, sales tax, income tax. You're getting tax all around the board. You're getting banged out. Over time, tax rates and policies have obviously increased significantly. So yeah, yeah. We gotta do something, right?
Starting point is 00:14:39 Maybe if you're gonna tax the income, don't tax the goods. If you're gonna tax the goods, maybe don't tax the incomes. If you're gonna tax the property, don't tax the goods. If you're gonna tax the goods, maybe don't tax the incomes. If you're gonna tax the property, don't tax the property. Or you make taxes elective, like, you know, you wanna get in, this is for the school. You wanna live here, tax for the school. You wanna get in, this is for the garbage. Everyone agrees, something like that.
Starting point is 00:14:58 Or yeah, if you wanna pay income tax, you get free rub downs. You wanna get in on that? You wanna get in on a little sue-sue for rub downs? Once a month? I didn't say, I said rub downs, I didn't say rub outs. Just a massage, stress, meditation, practice. You want to do yoga? Something. You want government pizza? Whatever. You pay everyone. But I don't know, I'm no financial expert. But things have changed and that's what he's claiming. So it's very possible that he's saying something radical
Starting point is 00:15:34 because everyone else was just too scared to say that the income tax was bad and maybe the income tax caused him great depression. Who knows? I don't know. But other people are saying that the tariffs before, what was the great depression? What is the common, what is the common consensus on what caused the great depression? Now, we all have heard, we've all been to school, we've all studied the Great Depression
Starting point is 00:16:07 and the stock market crash in 1929. It was of course called Black Tuesday. So the stock market crashed, wiped out billions of dollars in wealth and speculative investing and buying stocks on margin, which is borrowed money, obviously led to an unstable bubble that busts. So we're always scared about these unstable bubbles. What's this unstable bubble?
Starting point is 00:16:34 I'll give you one, NFTs. Unstable bubble, okay? Crypto, little bit of an unstable bubble. Whether you believe it or not, it does swing pretty hard. Warren Buffett says he'll never invest. He still continues to rail against crypto no matter what. Trump is bullish on crypto. Warren Buffett still says it's nothing. It's made of nothing. It's a scam. He's still sticking to that, even though I'm bullish on retardio, which is a coin, retardio coin. I'm bullish on that one. So the crash happened. And then of course,
Starting point is 00:17:09 there was run on the banks. Now everyone understands what happens when everyone takes their money out. The banks don't have money to loan other people and the whole economy goes bye-bye. So 9,000 banks failed because they couldn't lend money out. They went out of business. So basically, banks are a business. They're in the loan. They lend money out. They went out of business. So basically banks are a business. They're in the loan. They're loan sharks and they went out of business. And when they went out of business, people's monies in savings was lost. It was all gone.
Starting point is 00:17:37 So with the banks failing and stock values plummeting, people just got scared and stopped spending money. They started holding on to money. Businesses cut, it was what you call a chain reaction, right? So businesses cut production, there was massive layoffs because people weren't buying and production was down because people weren't buying, so it was just a chain reaction.
Starting point is 00:18:00 Then there was an act of God, the Dust Bowl in the Great Plains in the 1930s, which destroyed farms and led to food shortages. So this was just like a whammy on top of a whammy on top of a whammy on top of a whammy. That's why I've never really been that scared about another depression, because we've had recessions, but the Great Depression was really caused
Starting point is 00:18:24 by a multiple of whammies, right? Because that doesn't help, you know? Food shortage ain't good. So thousands of farmers lost all their land and moved west, and that was a big migration to California because the fucking land, the environment just fucking was not conducive. We had dust balls, everything got dry. So the Fed tightened the money supply, making it harder to borrow and spend. So instead of stimulating the economy, this worsened deflation and slowed recovery.
Starting point is 00:19:01 So inflation stuck around for a little while. So before the crash, wealth was concentrated in a small group, which is now scary, while most Americans lived on credit, which is very similar to it is again now. We managed to build up a nice middle class after the depression and before the tech revolution, right? We built up a nice middle class, no?
Starting point is 00:19:30 But a lot of that also, we lost a lot of guys. We lost a lot of men from some wars. So that made opportunities rise. Supply and demand. My dad got into law school not because he was a genius, but because it was after the World War II and then the Korean War. We lost a lot of boys.
Starting point is 00:19:50 So there were slots. There were slots available, wasn't as competitive. Just like when they bought their house for $28,000. Wasn't as competitive. Population was lower. So then obviously everyone knows or history will say that FDR and his New Deal program pulled us out of it and stabilized the economy. And then like I just mentioned, World War II happened after that and nothing gets you
Starting point is 00:20:19 out of a good depression by lowering the population because that's less mouth to feed. Unfortunately it's a dirty little secret. And also it stimulates the economy because production kicks in for, there's a demand to kill other people that don't speak your language. So industrial demand shot up. So we started making shit.
Starting point is 00:20:40 And then when that demand starts, we got all these weapons, we got that. And then we just became a weapons maker. And we just kept selling it to other people who wanna have conflict for profit. And it's what it is. The weapons industry is one of our most bullish industries. And I assume in large part, it started in World War II.
Starting point is 00:20:59 We needed something to pull us out. And that's why World War II was started. We created Nazism. We created the theory about the conspiracy against the Jews. We, America is behind everything just for money. That's my theory now. I'm getting, I wanna do a hot take. Everyone blames the Jews, but you know what?
Starting point is 00:21:18 We create, America created. Everyone always assumes we're serving Israel. Some little countries controlling us. No, we created the whole thing in World War II to stimulate the economy. And we said, all right, whatever, we need a scapegoat, get them angry. Boom, who's gonna start the war?
Starting point is 00:21:33 We looked at the people who would start war, the most warlike people, Germany, World War I, sacking Rome. These animals have been doing this for centuries, right? Christostephano's ancestors are animals. They can't stop warring. They don't have hearts. They don't have souls. They're not warm-blooded Europeans from the South.
Starting point is 00:21:58 They can't dance. You ever see Germans dance? They don't have souls. So America, you know, the deep state here said we picked the Germans to instigate. We'll create the circumstances by squeezing them in World War I. You know, we'll have to sacrifice a couple of Jews. And you know we did that because the Christians say Jews. Anti-Semitic. So boom, perfect. Set the war in motion just so we could lift ourselves
Starting point is 00:22:26 out of a depression by creating a war machine and taking, cutting a little bit off the top of the male population to go to war. So there's less of a pressure. It's less people to feed. It's my theory. It's my theory. So the Jews didn't cause the war, American wasps did. And I think they always do. Because American wasps are essentially Germanic and the problems, who's been ruling the world before now the Chinese are ruling them? They're the new wasps. Everyone, they're not the new Jews, they're the new wasps.
Starting point is 00:23:00 Who's been the most successful at ruining the world? They invaded Rome and then they started ruling Rome for another fucking couple hundred centuries and then they found the Germany, all these countries, Austria, Hungary, all these freaking things. They interbred with these Slavs and these things, but it's German blood. The palest of us, as my Israelite brothers tell me,
Starting point is 00:23:21 are the most warlike and leper people. They have leprosy and they're warlike. So I'm with my black brothers, I'm with my Latin brothers, I'm with my Mexican brothers, I'm with my Muslim brothers, I'm with my Jewish brothers. We need a new scapegoat and it's the Wasps. It's the Wasps that created World War II and created the Holocaust. It's the wasps that created world war two and created the Holocaust American wasps What do you know about wasps? They're in your house. They sting. They're no good
Starting point is 00:23:58 Okay wasps you heard it here first on the Alex Jones program That's where you heard it. And so that's my theory. That's my theory and I'm sticking to it. So that's where we are, right? Who killed Kennedy? Everyone's going, who killed Kennedy? Well, who hated Catholics the most? Who hated Catholics the most?
Starting point is 00:24:21 They won't tell you this, but I'll tell you who wasps. When they came to this country, they called Italians what? Waps. What did that mean? Without papers. It's an acronym for without papers. They hated them. They hated the Italians. They were discriminated against for good reason.
Starting point is 00:24:42 I don't like Italians either. I love Italians. I don't like, I love. I love everyone. And I love wasps too. If you give me a job, I'll stop talking about this right away. But Candace Owen's got it all wrong. It's the wasps who are behind everything. They've been the power. What's the British Empire? Wasps. What's the Austro-Hungarian Empire?
Starting point is 00:25:09 Wasps. Where did World War I start? Right? See what I'm saying? Who started it? Germans, Germans, Germans, Germans. Who started American? American Germans.
Starting point is 00:25:23 The biggest immigrant group in America. White Anglo-Saxon Protestants, who sacked Rome and killed the greatest civilization known to man. Wasps, what became wasps, Germanic, pale, fumeless people. So, which Donald Trump is one of. So that's what makes me skeptical. So what's gonna happen? What is gonna happen? What's the deal? What has gone to happen? Well China, China gets a 34% tax. The taxes are not, there's a 10% import tax, right? To import something, there's a flat for everyone, but there's additional taxes on specific companies.
Starting point is 00:26:12 So everyone's paying the 10, whether you're Israel, which Israel just said, we're dropping our taxes. No more taxes, we play ball. Send the weapons, send the weapons. We are dropping the taxes. In Israel. So Israel has dropped its tariffs on the United States.
Starting point is 00:26:34 Um. Which is friendly. It's a friendly move. Right? They gave in. They said you're the boss. They said yeah boss. Um. Mexico and Canada, 10%. Israel, 10%. Every one of our friends is paying 10%. But certain countries are getting hit a little harder. China, 34%. European Union, our friend, or used to be our friend. We're also pulling
Starting point is 00:27:00 out of NATO, I believe. And they're already planning to keep it going without us. They're all making plans. Germany's thinking about arming up. Japan's thinking about arming up. He's really sending an isolationist message. Now, some would say, okay, is he trying to turn back to the clock into a world like the 1850s, 1890s? Does that world not exist anymore because we're so economically interdependent? That's an argument you could make. Is this an antiquated remedy that could never work because we're so interdependent now?
Starting point is 00:27:40 That's an argument that you could make. Or will this raise enough money, a trillion in tariffs, a trillion in fraud, a trillion in abuse, a trillion from something cut that the people don't want to cut and we pay back the deficit, right? Is that the goal? Yeah, it's cut a trillion in fraud, waste and abuse, right? So fraud, waste and abuse. That's a trillion. That's Musk's job with Doge.
Starting point is 00:28:13 And then Lutnick's job is to raise a trillion through tariffs, because we have a $4 trillion budget, but we spend six trillion. But in preparation for how the farmers are going to suffer, you gotta do what? 21 billion in aid there, additional? Throw them a couple of bills. So let me just tape that back on.
Starting point is 00:28:36 Yeah, put that back on. Yeah, when everyone goes on government assistance and there's bread lines, gotta put that back on. Maybe, gotta put that back on. When we keep buying weapons for war, gotta put that back on, maybe, gotta put that back on. When we keep buying weapons for war, gotta put that back on. We buy it, no, no, we make them. We make them, but we buy them from private companies,
Starting point is 00:28:53 the government. Oh, yeah, yeah. Yeah, so you gotta put that back on, tax dollars going to that. And unforeseen expenses. Yeah, well, who knows. Gotta put that back on, yeah. Maybe.
Starting point is 00:29:03 Because he's also promising to cut taxes. So if you're cutting taxes, you're hoping to make that up in the tariffs. But if they go elsewhere, if they just go, all right, fuck you, we're just gonna sell to Europe, or we'll sell, we'll reroute, or the company will move to Vietnam, or whatever, instead of coming to America.
Starting point is 00:29:20 Because the thought is, we're gonna also convince people to come to the United States with their companies, make it here for the American worker and the American consumer made right here in the USA. But what if they go, no, we don't trust the American worker because the American worker is 600 pounds and likes to play PlayStation. We're going to take it to the emerging market in Vietnam. Maybe.
Starting point is 00:29:42 They got no money over there. They got no money though. That's the problem. They got no consumer base, they just got slaves. Exactly. So is this bye-bye to the emerging markets like Vietnam? That's what some people are saying. You know, we get our cheap goods, they get a dollar a day. This is a hard right turn.
Starting point is 00:30:01 We're driving on a road, the whole world's driving on a road and Trump got the wheel and he's got a couple of fucking six packs in him and he fucking went like that. It's a hard turn. Well no, he's been campaigning on this for two years. He's been campaigning on it, that is true. So you know the people who've been preparing the most are China. Now China's going to look at his people and just go, time to suffer a little bit. There's a billion of us. Time to take a little bit off the top of the population in death and starvation.
Starting point is 00:30:41 Or are these other countries just gonna go, well, we're just gonna kind of live without America and we're gonna start trading with Russia and India and it just, everyone's gonna, cause this is across the board. Yeah, or? So it's basically America versus the world. Who are our friends here? They might just cook up another virus, who knows?
Starting point is 00:31:00 Or they might cook up another virus, cause if you remember, Trump tried to do this in 2018, and it did not go good. It did not overall do well for the economy. It didn't work overall, most people say. It worked a little bit for certain industries in the short term, but ultimately things didn't work, and there was too much,
Starting point is 00:31:21 and then the virus came and made things worse. Is it a coincidence that his tariffs went into effect in 2018 and then a virus came in 2019? No, I'd say that's causality. It's causality. The thing that scares me is Jesse's biggest fear is the collapse of civilization. I haven't had that fear because everyone's making money with each other. Everyone's making money. Okay at the end of the day money speaks Whenever anyone's talking their opinion or whatever it's because they're making money off it and if they're not making money off it They're bona fide insane. They're just bona fide insane, right? So now you see a lot of comedians That's a whole nother topic. We get into. You know, everyone's talking
Starting point is 00:32:05 these lofty issues now because on the internet, comedians have been pulled into these other worlds for the algorithm to invite more fans in to know about them. But a byproduct of that, a side effect of that is now they're in these serious conversations where they have to say these serious things and be taken very seriously or whatnot because they've had Alex Jones is on they've had Donald Trump's on they've had JD Vance is on they've had RFK juniors on they've had these people's on and So that invites all these people who are not comedy fans in who don't get it and go who's this guy saying this thing? and They'll say that because they're getting paid to say,
Starting point is 00:32:45 who's this? Now this guy's got enough clout that I can say something about him. And then people go, oh, he's a racist, he's a bigot, he's a whatever. And you're just pulled into this outside of the comedy world, which is with the internet. And internet is just a stew of worlds
Starting point is 00:32:58 that are put together. And you're safest if you stay in your own world. Once you go out of your world to try to make your appeal bigger, you're going to someone else's fans and those people like that person and they don't know you, and if you slight that person,
Starting point is 00:33:12 then they're gonna hate you. That's a side tangent. But my original point was what, and that's why I didn't wanna go on the side tangent. What was my original point? Fuck. My original point is that mustard is good on a hot dog, solo or with ketchup. But ketchup is better with mustard. That's my point. Interesting. Which is the way I see things. So it's America versus the world here.
Starting point is 00:33:45 You were talking about society collapse. Society collapse, thank you. So I never had that fear because everyone's making money together, right? Everyone knows underneath, right? They sit down, they go, I'm mad at you for this. I said this because you said that and I want to know about this and that. But underlying, we all know we're running a scam on everyone who's listening.
Starting point is 00:34:07 Nobody cares, nobody really cares. They're all just thinking they need content to make money. That's what people are doing. I'm stirring something up, I'm being interesting and engaging because you need some, you have a consumer leisurely lifestyle, where you're not in a factory 10 hours a day anymore, but you're in a car for an hour a day to go to whatever job you go to to dream about being
Starting point is 00:34:31 a podcaster, right? We know that you're going to stock shelves, but you're dreaming about starting your own podcast. So you listen to other podcasts, try to pick up some tips. But in the meantime, that's driving eyeballs. Therefore advertisers are going, there's the eyeballs. So we continue the bullshit. I care about this and I care about what you said. But nobody cares about anything except their money. Cause money is tied to survival.
Starting point is 00:35:03 So now Trump is fucking with people's money in a major way, dude. A major way, dude. The only people who are really happy about this, like I said, are fucking retards who follow Trump, who are like, you know, buy the merch and shit like that, those types, who don't even, haven't even heard of the word tariff until now. They don't even know what it is, let alone a rudimentary understanding of
Starting point is 00:35:31 geopolitics and international economics. Those people, only those people and ideologues, dreamers, theory people. Theory people are going like this is the because of these theories this will work out. Idealists, we're gonna find a trillion in abuse here. This is gonna work perfectly. Retaliation, everything. Our plan is gonna work fully because we've thought of everything and it's going to go fine. Those are the two groups of people who think that this is going to work. And then you got people who are going to experience the reality starting a couple of days before you listen to this episode.
Starting point is 00:36:17 When they go to the grocery store, shit is going to just not be as available as everyone right now is panicking because that's what americans do. They fucking panic So americans right now are panicking even trump supporters are panicking. They're going to the supermarket going. I need those fucking last bananas Because where the bananas made they're made in fucking brazil Now they're more expensive. So i'm getting this last batch of cheaper bananas Because that's how most amer think. They think on a budget. So there's no question there's gonna be a more financially responsible group of people
Starting point is 00:36:54 that are flooding out right now, not rich people, but financially responsible on their budget, flooding out right now to get those fucking lucky chums or whatever, they're just getting them, right? Cause the next batch of bananas is gonna be 10% more, at least. But if you were getting your bananas from Indonesia, holy shit, it's gonna be 42% more.
Starting point is 00:37:17 Or if you were getting anything from Switzerland, thank God that we don't get much, just chocolate. But Switzerland got banged out with 31%. Thailand, lady boys are off the market We're going good old USA crossdresser You need your blowy if you need your if you're a straight guy and you need your kink blowy we're going back to guy in a wig a
Starting point is 00:37:42 Caucasian with a protruding forehead and gristle gristle hair on his face no more smooth hairless ladyboy Thailand is getting slapped with a 36% tax so ain't no more ladyboy no more ladyboy. No more lady boy. South Korea, your fucking Samsung will now cost you 35% more. That's 25 plus the 10, right? Am I doing this right? I think that's all in. Is that all in?
Starting point is 00:38:16 I think, yeah, it's a 10% flat, right? And then this is including the 10%? That's my guess, yeah. But we don't know. Can we find that out real quick? We don't know for sure, but yeah, this looks like what the total of each country's my guess. Yeah. So we don't know. Can we find that out real quick? For sure. But yeah, this looks like what the total of each country is going to pay. So, uh, U S so what does it say? U S tariff. So what? No, I think tariff charged to the U S. So China has a 67 percent tariff on us.
Starting point is 00:38:42 Fuck you China. But we still do pretty good with that. Fuck you China. Vietnam has a 90%? But is the reason they're doing that because they're trying to build their country up? So why would we do that to Vietnam? I can understand doing it to China. But why would you do it to Vietnam? They're doing it because their economy is shit and they're just trying to get it started and get people to buy shit there.
Starting point is 00:39:04 So you know, I don't know. is shit and they're just trying to get it started and get people to buy shit there. So, you know, I don't know. South Korea, they're a friend. They got a 50% tax on us, but they're not as rich as us. Some friend, huh? Yeah, but I mean, it's like having a poor friend. You want him to pick up the tab too? You gotta pick up the tab a little bit.
Starting point is 00:39:21 You know, you don't make the poor people play. You want allegiance. You don't wanna push it. If I'm your friend and I'm like, yeah boss, I'm your yeah boss guy because you're paying for my meals all the time, right? And you got a bunch of me around and I support everything you do.
Starting point is 00:39:33 Yeah boss, but I'm not the boss. I don't have the brains. I just got a smaller South Korean brain. No, that's a joke. I'm just saying I'm not as strong as you, but you need guys around you because there's another guy like you out there whose name is paint on her and
Starting point is 00:39:49 So you want me? Yeah boys, you know, you don't want me to start paying for meals You know, I can't right so you say hey now it's time for you to pay meals and and either I'm gonna go Okay, boss. I guess I gotta work a little harder even though I don't got it All right, or this guy, hey, he sees the opportunity and he goes. I don't have to go. I don't have to go. I don't have to go.
Starting point is 00:40:12 10% off. 10% off. Only 10%. Banana juice is good. Same banana. Same banana. See what I'm saying? Yeah, but let me ask you this. Are we pushing people into China's hands was what I'm saying? Yeah, but let me ask you this.
Starting point is 00:40:25 Are we pushing people into China's hands was what I'm trying to say. Well, let me say I'm the boss man, right? You're not the boss man, you're Trump's spokesperson on this podcast. No, but let's say this, I'm drowning in credit card debt and I owe my bookie 100 large.
Starting point is 00:40:38 You don't have to borrow from your real life. No, I'm saying. Right. So I've been buying you dinner all this time, but my credit card bill is really high right now. Yeah. And I owe a lot of money. Yeah. Who's going to force America to pay? That's a good question. Who's going to force America to pay the money back? Come collect, come collect. Who's we've always had, we've always fucking run a deficit. What's the problem?
Starting point is 00:41:02 We kick it down to the next person for years. We chop a little off. We add a little back, bang, bang, bang. Who's going to go collect from John Gotti? Who's going to, who's going to put John Gotti in prison? We are John Gotti. Who's going to, Oh, Oh, the mob owes you money. No, you owe the mob money. That's what I'm saying. I'm saying, OK, the mob owes you money. Yeah, right. Go collect. Go collect. Yeah. Go go go collect.
Starting point is 00:41:31 I mean. So this is where we are. We don't know what's going to happen. So either it's going to be like I was saying, either the 25 of your South Korea or the 35, or it's 25 all in. Hopefully it's 25, but that's still a 25% increase in the cost of your Samsung. It depends though,
Starting point is 00:41:52 because Walmart is putting pressure on Chinese companies to eat the tariffs. How are they gonna do that? They're saying if you wanna sell in our stores, you gotta eat 10% of these tariffs. So we'll see how that's out. Right, and China still wants to make money. Yeah, so they might take that deal.
Starting point is 00:42:07 They might take the deal. It depends. Right, so they're just saying pay 10% of it. Wait, but they have to pay, they have to pay 10% of South Korea's tax? No. No, no, China. Walmart is telling China you have to pay 10%
Starting point is 00:42:21 of these tariffs, the extra fee that these tariffs are. But China has a 34% tariff. So then Walmart maybe eats 10 and then the consumer eats four. You say China eats 10. China eats 10. But China eats 34%. No, it's a 34% tariff.
Starting point is 00:42:39 So instead of the consumer, they're saying eat 10% of it and we'll put a little bit on the consumer so it'll be a 24% tax. Right, or eat 10% of it. And we'll put a little bit on the consumer so it'll be a 24% tax. Right, or they eat some of it. So Walmart eats some of it too. Exactly. Right, because Walmart can afford to do that
Starting point is 00:42:53 because Walmart hires special needs kids and they're just like not getting paid. That's right. Right, and so they'll cut more workers to eat up, this is where the bad chain reaction happens though. So we'll cut 10% of our force and make you check out yourself. It may accelerate what's already been happening, especially with AI coming. This may accelerate it.
Starting point is 00:43:15 Companies may go, in order to cover the cost, we'll lay off people and hire AI robots and self checkouts and things like that. And then you got unemployed people with no skills because then you're dealing with the sociological aspect of this problem, which is just people living in fucking Royersford, Pennsylvania who can't afford Soul Joel tickets anymore because they're out of a job at Walmart and they can't come see Yanni do it again at a loyalty. Who am I kidding? I need the gig.
Starting point is 00:43:45 We're not at that place yet where I kidding? I need the gig. We're not at that place yet where I'm doing your favorite, Joel. It's still mutual beneficial. Still mutually beneficial, and it's one of my favorite clubs, and the one I will always be most loyal to over anyone. Even though that's not the case now, I'll gladly take the money.
Starting point is 00:44:07 Love Joel. But you hear what I'm saying. The people coming to his shows, they ain't working at Apple and don't have much Apple stock. They work at Wawa. So Wawa's got a lot of those food imports coming from all these countries and they got to keep their prices low in order for people to continue to buy so they're gonna have to cut jobs because this is all just numbers people are gonna take
Starting point is 00:44:32 the human element out of it next thing you know we got a Great Depression next thing you know your foyer is stormed which is what my show has always tried to help you avoid now on the flip side of this, farmers are gonna have to be subsidized, which Trump is preparing to do. This is what he campaigned on, guys, so why is everyone upset? Why are there so many Republicans upset? Why?
Starting point is 00:44:58 Has he been promising this? This isn't even as bad as people thought it was gonna be. It's like he was talking about higher tariffs. This may, now, are they gonna fold? Or are they gonna call? It's a game of poker right now. It's a game of poker. Who's got a poker face?
Starting point is 00:45:19 He would not be a great poker player. He's not a great poker player. Obama was a great poker player. He's not a great poker player. Obama was a great poker player. You never knew what that guy was fucking thinking. You didn't even know he was carpet bombing. You had no idea because he always had the same disposition. You didn't know whether he was up, whether he was down. He had a poker face.
Starting point is 00:45:40 Aside from what you think about politics or policy or the actual productivity of the administration, you have to admit as far as poker face goes, he had a great poker face. Trump has a horrible poker face. You say one thing, you make one insult or you paint the painting on him that's not right, he's going to fly off the handle. He's going to tweet exactly what he's thinking. He's a riffer.
Starting point is 00:46:06 He'll just say it. He's not worried about polish. He's not worried about perception. But I guess the ultimate goal or best case scenario for these enacted tariffs would be to get the other countries to fold, right, and lift their tariffs. and then Trump will say okay We're lifting our tariffs, right? That's one scenario. Sure. That's one. Okay, so that's one best-case scenario
Starting point is 00:46:32 Now the other best case scenario would be you onshore manufacturing Jobs for Americans all those people that working in Walmart can now work in some sort of factory. That's another scenario How fast does it take to get these factories up and running? Good question. Takes a couple years. I would say. So for a couple years, there's gonna be what? Storm and fires.
Starting point is 00:46:57 No, who knows? I don't know, that's one scenario, right? Are you gonna have to dole out aid when all these people start getting laid off? Yeah,ment benefits. And, um, the other scenario is, did you mention that they might drop their tariffs? So then there's a, that's what I said, the best case scenario. That's the, that would be the, to me, that seems like the best case scenario.
Starting point is 00:47:17 Right. So they would, they would not call and they would fold in the poker game or would go, you know what we, your market is too valuable to us. And so we're, we're going to stop the bullshit. China goes, we'll stop the bullshit. We're going to let American products in and let it compete with Chinese products, whatever. And then what he'd do is obviously he would secretly,
Starting point is 00:47:42 he'd get on the bat line and, you know, on the secret Chinese CCP app and tell every citizen, just don't buy it. That could be. Yeah. I'm giving you an idea, giving you an idea, Prince Zee, giving you an idea just to thwart off major like global panic. Just, cause if you fold, then he's gonna go easier on the rest of them.
Starting point is 00:48:10 Cause he's an ego guy. Are you listening to me? I know I'm huge. I'm huge in Beijing by the way. I know I'm huge. I know I'm huge, but this is a good plan. It's a good plan. It's really about China.
Starting point is 00:48:22 If China folds, right? Then every other country will go, okay, we still need a little bit of a tariff because our economy needs to be able to compete with your products. We're just an emerging market. Please, please Trump. And if they beg, he likes that because you got to play to his ego. And if China folds, verbally, he's a big hero. See? And he loves himself, he jerks himself off, he sucks his own dick. See, and he loves himself, he jerks himself off, he sucks his own dick.
Starting point is 00:48:46 He does all the things that is the way he's built. He's very easy to read. But then you go on your private app and you say, just don't buy the product. Don't buy the product. Or if you're a retailer, sell it for a higher price without telling anybody. Not a tariff, just pump it up.
Starting point is 00:49:04 Give favorable treatment to the fucking one with the Chinese writing on it. That's all so You continue to rip us off and build your Empire that inevitably will crumble our empire because I do believe gray aliens are Chinese from the future And I do believe it's because they wiped us out and then all of humanity looked Chinese and then they evolved and they're just future Chinese traveling back from the future and they evolved to be even more hairless, a little shorter and on computers and they're time traveling back to visit us to just look
Starting point is 00:49:40 on their work. They're just, it's like watching, they love it and that's why they've so many sightings now, cause they know it's, this is the turn point where China takes over and just becomes, we all become Chinese cause they execute everyone who doesn't look Chinese. Cause they believe they're the superior race right now. And they have a lot of evidence.
Starting point is 00:49:58 I mean, when you go to, when you go to all the Ivy leagues, there's a lot of evidence. Everyone talks about athleticism or fucking, I mean, does that matter? People playing games, it's a lot of evidence. Everyone talks about athleticism or fucking, I mean, does that matter? People playing games. It's all about here. And who's winning that? By a landslide in every country that they go to. So yeah, gray aliens are Chinese from the past. You do with that fact what you want. We're upping the stakes here at the show with me asserting things that are almost definitely not true,
Starting point is 00:50:33 but very entertaining. Because I want to get in the running with these guys. I want to get in the running with the big dogs. I want to get in running with the guys who get in trouble. I want you people to start taking seriously what I'm saying. who get in trouble. I want you people to start taking seriously what I'm saying. I want to lose this comedic cadence and really lose the comedy in my eyes and my energy. And I really want to come at you Dave Rubin style. Just talentless. Just serious. I want to come at you journalist style. Because journalists just talk. If anything's proved how easy a journalist job is, it's been this last five years. I mean, has there been another job that's been completely usurped by people who are on reality shows and with high school educations? It's been journalists. No job has been shown to be as worthless as journalism. All you got to do is ask questions, you know?
Starting point is 00:51:32 It's all you got to do. And you're a journalist. So I don't even know what the Columbia and all that is for going to Columbia, to journalism school. I guess they teach you morals or whatever, stick to the truth, but you know, it's an easy job. It's an easy job. Well, that guy's good at answering. I mean, in retrospect, I mean, how good was Charlie Rose? You know, he's just a guy asking questions like I am a serious,
Starting point is 00:51:58 earnest truth teller, a soothsayer up here predicting a lot of things like my brother in arms, Alex Jones, to let you know that the future Chinese are coming to take our guns away and our freedom and our liberty and all that. But in the present moment right now, although fate is sealed with the Chinese taking over, evinced by the future Chinese gray aliens, so we know what happens, we know the story ends, but right now we still got to make content for today and make it uncertain. What's gonna happen? We know what's gonna happen, but what's gonna happen?
Starting point is 00:52:42 Will this work? Will this work? Will jobs come back to America? Because they don't want to pay the tariff. That's what it comes down to. These multinationals gone. We don't want to import this stuff. We just want it to be domestic, because your market is too valuable. So everything's coming back here. Or are they going to go, okay, we're losing America time for a little haircut, we'll lay some people off because they're Chinese and we're Chinese and we don't care. And we'll explore some other markets. And that'll also help our national security because we'll start building bases in these other countries as well. Vietnam,
Starting point is 00:53:23 now you're under China's influence because America turns back to you. They start a propaganda campaign. See what they did? Put a tariff. They're trying to crush you. We want your jam. We want your seaweed.
Starting point is 00:53:36 We want your rats. We want your rat meat. We want your cockroach meat. Whatever they eat over there, we want it. There's a market here for it. Bingtao Hu, look, we look the same. So we lose our influence, we lose our influence in the East, in the China Sea. We lose our influence.
Starting point is 00:53:57 Does that happen? Or is our market too valuable for these countries and is a 34, 20%, 46%? Why did Vietnam get hit the hardest? Is that sort of a payback for Charlie? Why are they hit harder than even China? Maybe because they have a 90% tariff on our goods. Right, right. They got a 90% on ours and China had a 67.
Starting point is 00:54:27 So we gave 34 in return. A European Union had a 39, we gave them a 20 in return. India had a 52, we gave them a 26 in return. It looks like it's just half. So it's just half of whatever your country has on our country, you're getting a half of that as a tariff. Yeah, which is even bad. In theory, now here's the thing,
Starting point is 00:54:47 that's why I said it's people, it's theorists, it's people who believe in this, because in theory, if you're just thinking about this without all the complicated details of interdependent global economy, you're just going, this is fair, right? If you don't take, if in theory, in a perfect world, you're going, this is not even fair.
Starting point is 00:55:11 This is, you're still winning, right? But we don't know if it's gonna play out that, like the great line in the movie State of Grace, it was just an idea. It had nothing to do with reality. We're gonna find out. We're gonna find out if economic parity's possible, if it even matters, if this will help America
Starting point is 00:55:40 or hurt America. But there's no question about this fact. Over the next year or two or three, prepare for some pain. I don't think anyone questions that. Prepare for some pain. Get a ring camera. Take care of your Samsung. And then in 400 to 600 years, Take care of your Samsung.
Starting point is 00:56:05 And then in 400 to 600 years, when your great-great-grandkids are working the fields for Chinese overlords, then and maybe then, the American economy will be back in the black and our deficit will be zero. Hopefully, or maybe in 10,000. You're optimistic, you don't know. Who could tell? Who can tell? Yeah, the stock market, we don't know how it's been the last couple days
Starting point is 00:56:44 when you listen to this, but it rallied and then it started Amazon, it started getting bad. Getting crushed in after hours right now. It's getting crushed in after hours as of right now. I will see you next week. You will see this in a couple days. Hopefully we're all still in one piece. I'm sure we will be. God bless us. God bless the People's Republic of China. Wanna give a shout out to ForTheFree.artmusic
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Starting point is 00:57:27 of his new marketing agency, Indigo Labs. I love it. He recently quit his full-time corporate America job to pursue his marketing agency full-time. So he's got a company now and I love it. He wants to give me a shout out for helping him get here. You're welcome dude. We always support Nate Linder. Nate is focused on real business results like revenue and new customer acquisition, not just clicks. He's been killing it with healthcare and software
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