China LASHES OUT at Tesla & Biden on Covid Lab Leak - FBI Confirmation
FULL TRANSCRIPT
gotta talk about China being super
pissed off at Elon Musk allowing talk
about the Wuhan lab leak Theory to
circulate on Twitter now he's getting
slapped on the wrist by potentially
threatening Giga Shanghai we'll see
we'll see but there's lots to talk about
because now it's no longer just the
energy Department talking about the
Wuhan lab leak Theory being a potential
or even likely explanation even though
with low confidence that that is where
covid came from but folks now the FBI is
coming out saying the same now you might
be thinking like what does the energy
Department have to do when the FBI have
to do with an infectious disease well
surprisingly they actually have a
substantial set of scientists Within
These departments that are dedicated to
the impact of infectious diseases on not
only their departments but the United
States has risks to energy
infrastructure energy needs energy
stability whatever it may be Hospital
stability FBI whatever
so however we want to explain it it's
worth noting that now the FBI has come
out said the following which just hurts
potentially Elon Musk I'll talk more
about that in just a moment what's going
on with China and the idea of
potentially divesting away from China
but what do we have here the FBI is now
coming out saying the FBI for some time
has assessed the origins of the pandemic
as quote most likely a potential lab
leak incident in Wuhan holy smokes this
is actually quite interesting this is
despite the fact and we've known this
okay the FBI is like two years late on
this maybe it's because the FBI knew
they just didn't want to say anything
because if they said something well a a
certain group of politicians would be
really pissed off and B what would end
up happening well you'd probably get
banned from Twitter because you used to
get banned from Twitter if you talked
about the potential that covet
originated from a lab now you got the
energy Department saying so via the Wall
Street Journal expose we just had on
Sunday you've got the FBI now
reiterating that yeah this was most
likely a lab leak but listen to this you
still have four other agencies along
with the National Intelligence panel
still judging that the pandemic was
likely the result of natural
transmission and the White House
National Security spokesman John Kirby
said on Monday that the US government
has not received or reached a definitive
conclusion now I write I write over here
Trump now the reason I write over here
Trump is is not because I'm like you
know a Mr mag over here absolutely not
but let's be clear
it would be very unpopular right now for
the existing Democratic Administration
to say oh yeah the lab leak is
potentially true because what did Donald
Trump say from day one
the Chinese virus the Chinese are
responsible for this this came from a
lab now at the time most people thought
Trump was just being Trump and that
maybe he's right but he's probably just
being Trump well now it's starting to
look a little bit more like when Trump
was just being Trump he was actually
right
uh and and I know that saying Trump was
right pisses off basically anybody who's
on the left that's not the intention of
this okay this is not to like bow down
to Trump this is just to say of course
it would be politically unpopular for
the White House to admit this in fact it
could potentially borderline be bad for
somebody like Mr fauci we'll talk about
that as well just a moment we're going
to talk about China and Tesla
specifically but anyway China denounced
uh these comments on Wednesday saying
basically this is a form of a political
manipulation of facts it's worth noting
that Tesla's Elon Musk is now getting
some backlash uh because Chinese State
media which a lot of media in China is
basically state-run almost all of it is
Chinese State media calls out Elon Musk
over coronavirus tweet Chinese State
media called out Elon Musk this week for
responding to a post about the origin of
the coronavirus potentially signaling
that the strained relations between
Tesla CEO and the country where many of
the cars are manufactured uh could be at
at risk that relationship can be at risk
40 percent of Tesla laws are
manufactured in China right now so maybe
today an investor day we'll find out a
little bit more about how they want to
get away from China but apparently musk
is quote advancing the conspiracy theory
about the coronavirus well apparently
now the energy department and the FBI
think that Conspiracy Theory actually
holds Merit but anyway the U.S
right-wing and anti-china media uh or
sorry that China is saying the U.S right
wing and anti-chinese media is hostile
to China uh and basically uh China's
pissed and that they think people are
trying to frame China but let's be real
that's potentially likely now or almost
certain what's actually happening uh and
uh Elon Musk apparently was responding
to a tweet on Twitter about a conspiracy
that Anthony fauci created uh the
coronavirus and that fauci should be
prosecuted uh so so I want to talk about
that just briefly and then I want to
talk China because we got to talk China
importantly because there's you know
China obviously has an impact on a lot
of companies that we invest in here so
here's a tweet that says Dr Anthony
fauci funded gain of function research
at the Wuhan lab lied to Congress about
it and now both the FBI and Department
of energy have concluded that
coronavirus originated at that Wuhan lab
it's a level 4 biosafety lab that level
4 biosafety lab is actually one of the
first that China has as a level 4 safety
a biosafety lab and apparently their
biosafety protocols just weren't good
enough and uh yeah well anyway kovid got
out but anyway uh Elon Musk replied to
this and says he did it via a
pass-through organization known as Eco
Health now it's worth understanding this
a little bit first of all technically
today technically okay let's let's just
consider facts here for a moment
technically today gain of function
research is technically not illegal now
it is very unpopular right now to say
gain of function research which is
basically where you manipulate a virus
to do something it couldn't otherwise do
so if that coronavirus originally
originated in bats and was able to
transmit through bats if you now screw
with Ed and doink with it or direct its
evolution
now it could potentially spread to
humans well that is that type of
research that going is going on and it's
not illegal now technically people like
Anthony fauci and Pfizer say no we don't
conduct gain of function research but to
me that's just like saying at Twitter oh
we don't Shadow ban people okay well
what did Twitter do Twitter actually
visibility filters people okay it's just
a pseudonym phrase what actually is
happening uh is you're seeing directed
Evolution happen directed evolution is
very similar to gain of function
research is probably exactly the same
thing it's just unpopular to use the
phrase gain a function
and it is a fact that money went from
the United States
to that Wuhan lab in China
and if directed Evolution was being
conducted there then yeah technically
the United States funded directed
Evolution research which is basically
the same thing of gain function research
now you could say publicly but you're
basically just hiding the truth no no we
don't do gain of function research just
like you could say publicly we don't
Shadow ban people we
visibility filter people we do directed
Evolution so technically maybe fauci
could argue no he didn't really lie
because the definition is different but
it just doesn't look good right and so
anyway this is kind of where uh Elon
Musk has come out and sort of bagged on
fauci now a lot of people say look hey
you know fauci should be in jail but
then you have to ask yourself is if if
gain a functional research and directed
evolution is not a crime
does he belong in jail well of course
then the counter argument is but
millions of people died from govid and
if they contributed to the formation of
of coven and millions of people died is
that not murder well you know this is
where we have to look at go and say okay
well maybe we need laws that actually
address if gain a function research AKA
directed Evolution should be allowed and
then we have to evaluate do does
directed Evolution ever actually help us
in medicine or does it only hurt us so
like this is all still TBD stuff it's
really easy to just pretend to be on one
side and go Pharaoh traders to be in
jail and then on the other side you got
people going no he's a hero
let's look at what's actually happening
okay what's actually happening is the
research that led to covid is basically
happening on a daily basis on a daily
basis is happening and so we have as a
society have to realize that we're being
duped with what it's being called it is
actually happening and we have to decide
are we okay with that happening
all right I don't know I don't know we
probably don't have all those answers
yet but anyway this is where we kind of
go into China and and and potentially if
if you know China is very unhappy with
with Elon Musk for example what could
that potentially mean for okay go
Shanghai right is it I mean so far
already Shanghai has potentially had its
expansion limited so I'm interested in
investor day today what are we going to
see in terms of uh uh expansion plans
for China so far the China a gigafactory
had massive expansion plans that have
been put on halt because of China and
this just adds more tension to what is
already a lot of tension in China it's
not good for Tesla you know all this
this drama and this sort of political
commentary uh by Elon Musk and not only
that commentary but obviously now he
runs Twitter is bad for Tesla but I
think it's obvious by now I mean you
have to be a numbnut to suggest that
Elon Musk buying Twitter didn't hurt
Tesla it obviously hurt Tesla it
obviously did not only just in the share
price declines because of the amount of
liquidation uh Elon Musk had to perform
but also reputationally because you
pissed off a lot of lefties uh and you
know righties have also been pissed off
and I'm not saying I'm one or the other
just saying uh you know China is going
to be interesting now remember it's also
worth noting that people are trying to
dip out of China like people are trying
to leave China richer people are trying
to leave China and you've got
manufacturing that's trying to get away
from China because China does this crap
they try to intimidate you to
basically manipulate messaging
and to manipulate messaging they will
limit your expansion plans with
productive capacity in their country
that's what they do
Apple they just say which article is
this this is a Bloomberg article
airpods maker Gore Tech is one of the
manufacturer many manufacturers
exploring locations Beyond China
obviously as well with apple which today
cranks out the bulk of the world's
gadgets from iPhone to PlayStations
right apple is looking to build Supply
in areas like India and Vietnam in fact
Apple uh and companies associated with
apple are investing hundreds of millions
of dollars to build new factories in
India Vietnam and other places you're
seeing a massive divestiture from China
because China continues to operate like
this now Zig and Pink's speech at the
Chinese Communist party uh people's
Congress was that oh well we want we
like capitalism and even though we still
like socialism we really like capitalism
so I really I really hope that and I
have this hopium that Tesla can get
through this sort of like verbal drama
with China
because I think China's realizing crap a
lot of Manufacturers are leaving because
we're being too manipulative so I think
China can talk a big talk like North
Korea waving the saber but I think
they're realizing manufacturers are
leaving behind the scenes nine out of
ten of Apple's most important suppliers
may be preparing large-scale moves to
countries like India that means out of
China Bloomberg estimates it could take
eight years to move just 10 percent of
Apple's capacity outside of China so
China's still has time China's got time
but uh you know you're you're seeing
this transition away from China it's not
just manufacturers though that are
trying to transition away from China you
have to consider the the rich people
that are leaving China as well and this
is also quite interesting I mean look at
this particular article here
the Chinese Ultra Rich feel like they
are being penalized by government
policies remember what happened with
Jack ma Jack ma disappeared for three
months some people think he got sent to
Chinese re-education Camp because he was
[ __ ] on China basically sorry I
shouldn't say that bad word anyway
relocation experts say crazy spending
habits of Chinese wealthiest citizens
are sending Asian City State real estate
markets berserk and this is sort of the
the sub line over here talking about Sky
High rents in certain markets and that
but really what you're finding is a lot
of the rich are disappearing to other
markets whether that's Singapore or uh
you know a Chinese autonomous District
like in Macau uh you are seeing though
these sort of draconian regulations on
the Chinese rich and companies in China
driving people out of China here's
another piece take a look at this here's
a Wall Street Journal piece as China
reopens flight of wealthy Chinese to
Singapore Singapore set to accelerate
and so when we go through the piece what
do we see here
Andrew amalus whatever and oils whatever
head of research at new world wealth
says he expects departures from China in
2023 to pick up alongside a broader
Revival in Rich individuals moving
across around the world the company
expects 125k people with net worths of
more than million dollars to uh to move
this year exceeding the record in 2019
of 110k Chinese Nationals usually
account for eight to ten percent of that
total New Wealth tracks the behavior of
150k individuals in a database to derive
its estimates of migration basically
people moving out of China because of
the uh the restricted policies that you
have in China but at the same time it's
also worth noting the United States is
trying to slap a slap a China over the
head as well U.S China uh attentions
over Taiwan are expanding uh the united
states recognizes that China is seen as
a competitor not an ally you've got uh
potentially multiple bills in Congress
uh being uh potentially passed limit
China and China's expansion here look at
this house bill uh HR 554 would allow
the treasury secretary to Bar Chinese
individuals and their families from
receiving Financial Services uh from U.S
institutions H.R 510 pressure from the
international monetary fund uh regarding
uh manipulation of Chinese currency HR
803 excluding Chinese officials from
meetings of the G20 H.R 540 supporting
membership of Taiwan and the
international monetary fund H.R 839
pressuring the IMF to advocate for more
currency transparency in China on its
exchange rate holding China accountable
basically the chips act limiting China's
access to Advanced manufacturing chips
you've got a lot of pressure coming on
China so even though even though we know
at this point I think it's pretty safe
to say can't say with 100 certainty but
I think we could pretty much agree the
following gain a function research
happens even though when people tell you
it's not happening it's just because
they want you to use the word directed
Evolution it's nearly the same damn
thing
then not only that but we have to
realize that China is going to wave its
saber because they have egg on their
face they done effed up okay they effed
up the big the the primary doctor who
first announced uh in in I believe it
was November of 2019 that something bad
has happened and there's a really bad
new infectious disease going around who
ended up dying of covid by the way yeah
you know the guy was in his 40s and
people are like aha he died of covet who
pinched the IV uh anyway so uh you know
he was announcing that that This
Disaster is coming China is like oh yeah
we got a little problem from a flea
market or whatever a wet Market we we
don't think this is going to expand
anyway China's got egg on their face for
this and they're getting they're getting
a lot of backlash from the International
Community especially the capitalist
Community uh and China doesn't want to
see their manufacturing Fleet or their
rich people Fleet but that's exactly
what's happening so on one hand I think
China is probably going to make a press
of comments and kind of lash out at Elon
musk's Elon musk's Endeavors but on the
other hand I think they're really
handcuffed in terms of what they can
actually do because they don't want
things to worsen uh they they don't want
to be in a situation where all of a
sudden oh crap we are actually losing
more uh people more manufacturers uh and
now our economic growth is being more
constrained remember they had this whole
massive if we build it they will come
idea of building ghost cities and that
turned into a disaster some of these
ghost cities were so poorly built that
China is now demolishing a lot of uh a
lot of oh maybe not a lot but a chunk of
these ghost cities because these
buildings were built so poorly it's
cheaper to just demolish them and
rebuild them and actually try to
retrofit them and fix them it's crazy
but uh China's got a lot of work to do
and I think they're really Limited in
terms of how aggressive they can be
because they're not in a position to be
aggressive they're in a position to talk
loudly but then behind the scenes Let
Tesla keep expanding and then in the
meantime we as a society we need to
figure out
how do we feel about directed Evolution
anyway let me know in the comments
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