Yannis Pappas Hour - 4D Tariffs or TikTok Toe
Episode Date: April 5, 2025It’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
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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
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
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
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
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
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.
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
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.
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.
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
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.
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
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.
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
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.
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.
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.
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.
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.
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.
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
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
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
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,
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?
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
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.
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?
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.
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
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
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?
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,
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.
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.
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
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.
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?
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.
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
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.
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.
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?
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?
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.
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
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.
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,
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
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?
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.
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?
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.
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.
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.
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
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?
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.
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.
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,
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.
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.
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.
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.
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.
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?
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,
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
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,
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
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,
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.
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.
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
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.
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
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.
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
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.
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
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?
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.
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.
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.
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.
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
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.
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.
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.
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?
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.
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,
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.
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%
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.
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
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.
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.
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.
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
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?
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?
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.
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.
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
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.
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.
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,
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.
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.
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.
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.
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
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.
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,
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?
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,
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?
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,
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.
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.
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.
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,
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.
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
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.
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
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.
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