Steve Bannon's Warning On China Trade War (w/ Kyle Bass) | Real Vision Classics
Published on Aug 21, 2019
Steve Bannon and Kyle Bass discuss America’s current geopolitical landscape regarding China. Bannon and Bass take a deep dive into Chinese infiltration in U.S. institutions, China’s aggressiveness in the South China sea, and the potential for global conflict in the next few years. Filmed on October 5, 2018 at an undisclosed location.
54:00 mins CC + transcript
Excerpt from machine transcript:
22:20
September 18th of
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2008 when
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Bernanke and Paulson walked into the Oval Office with Bush and he sent him up to Capitol Hill the balance sheet of the Federal Reserve
22:28
Was 880 billion dollars on the day that Donald Trump took the oath of office on January 20th, the 2017
22:35
it was four point five trillion dollars all we did in in in the Bank of England ECB Bank of
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Japan did the same thing and what you do see pvo said what they did is to save the elites was to turn on the
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Spigot of liquidity, so if you owned assets realize if you own real estate, you don't stock shown intellectual property
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You've had the greatest ten-year run in history if you're a working-class
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Schmendrick you had your wages of flat the whole burden of it
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This is what's unfair and this is where the anger that's driving the populist movement the whole
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Burden comes down on the little guy to finance these deficits with his taxes. That's right
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And then his kids get sent everywhere in the world to defend this
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That's what's got to stop you use a word reckless
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It is reckless disregard what the elites have done this time because all they've done Chinese banks
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Schmendrick (שמענדריק) is Yiddish for an ineffectual, foolish, or contemptible person (OED).
Get back to work, schmendricks.