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Nancy Pelosi JUST Landed in Taiwan | Provoking War.

10m 28s1,831 words279 segmentsEnglish

FULL TRANSCRIPT

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worried about war get life insurance in

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as little as five minutes by going to

0:03

metcalfer.com life well buckle up for

0:05

some saber rattling nancy pelosi has

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landed in the capital of taiwan she took

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the plane that was tracked the spartan

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it's an air force a plane and she landed

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as expected in taiwan now china has

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responded to this and nancy pelosi has

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responded to this and you gotta know the

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details of this quick background taiwan

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is an island in east asia it sits at the

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intersection of the east and south china

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seas so it's strategically pretty

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important and to some degree taiwan

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maintains a pretty good democratic

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standing in the world in fact some say

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that taiwan's democracy might be more

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democratic than even that of canada

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which is pretty incredible now with

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taiwan's interesting because to the

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north west you have china to the

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northeast you have japan to the bottom

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of the philippines

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and it ranks 20th in the world in gdp

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per capita or per head right and so

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taiwan only maintains official

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diplomatic relations with about 13 out

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of 193 countries but unofficially a lot

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of countries support taiwan because it's

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a pretty industrialized nation had a big

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boom throughout the 60s 70s 80s and 90s

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and china lays claim to the island of

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taiwan china says no this is our land we

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are the governing body of taiwan taiwan

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has its own government and so this

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creates a lot of tension because the

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official u.s policy is that china

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controls taiwan but unofficially people

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like nancy pelosi and a lot of folks who

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support and really stand for that

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democracy element are pushing which we

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don't want to get into the politics of

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do we think nancy pelosi stands for

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democracy or not right but

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a lot of folks see taiwan as

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independent and it should be independent

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even though that's not the official u.s

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policy so what kind of reaction have we

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gotten well china's pissed and here's

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what china's saying china says now

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they're going to hold military drills

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around taiwan they're going to encircle

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the island and between august 4th and

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7th they are going to hold military

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drills so watch for this especially if

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you're you're trying to trade on this

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sort of news that will be wednesday

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thursday and a friday they say that

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consequences are to be borne by the u.s

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side and taiwan for these actions and

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that the u.s should stop interfering

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with china's internal affairs that this

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takes the us and taiwan down a wrong and

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dangerous path and those who play with

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fire will perish by it yes these are

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statements from china and the chinese

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foreign ministry which condemn pelosi's

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visit to taiwan which is the first visit

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of someone as powerful as pelosi which

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again arguable for for some people

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depending on if you're left on the right

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but she is the third technically third

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most powerful person in america and is

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the first time somebody that powerful

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has visited taiwan since

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1997.

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the chinese foreign ministry says this

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seriously damages peace and stability in

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the taiwanese strait and provides stern

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representations and a strong protest to

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the u.s they say this impacts the

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political foundation between the united

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states and china and is unacceptable

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nancy pelosi has her response actually

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published in an op-ed piece by the

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washington post she mentions china's

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atrocities against the we grew so that's

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genocide potentially by china against

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the uigrus maybe we should even drop the

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word potentially there we also have

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nancy pelosi highlighting drama in tibet

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and hong kong

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she also mentions that china has had a

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recent unacceptable rhetoric and action

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against taiwan that we must stand by

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democracy and that again while u.s

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policy remains the same

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you must honor your verbal commitment to

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support and defend taiwan again official

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u.s policy is that technically the

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taiwanese government is not recognized

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however because the us is such a big

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proponent of democracy they have vowed

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to support and defend taiwan although if

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that's anything like the support that

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ukraine got which was kind of like

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chippens then then maybe that's not too

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valuable so this is a very kind of

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symbolic meeting some folks argue that

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wait a minute why like what is what is

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the point of this and really the point

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of this to some degree some people say

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this is like kicking china while they're

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down because they're having a massive

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issue with their economy in terms of a

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real estate collapsing they're having to

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stimulate their economy meanwhile the

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united states is in a recession so like

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who's doing it better anyway obviously

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the chinese government is trying to

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prove that their government is stronger

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than the style of the united states form

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of government again u.s and recession

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and then of course they've been

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criticized for their covet zero policy

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but why would pelosi go well in my

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opinion it's really a purposefully

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proving that the us still retains a

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global and regional dominance it's

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basically saying hey that's cute china

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that you think we're playing with fina

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with fire but we stand for democracy and

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we don't really give a flying f what you

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think because we are a regional and

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global hegemon which is essentially a

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power force and we know you actually

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won't do anything other than hold some

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drills or rattle your sabers because

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that's also what you did in 1997 uh when

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dude gingrich went over to taiwan you

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launched a few missile missiles that you

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splashed into the ocean and uh gg now

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some people say that this is very

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dangerous because if china holds

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military drills and you know the

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taiwanese military gets nervous or the

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u.s defense forces get nervous that

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maybe there could be an accident which

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could lead to a larger breakout of of

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conflict but really what what you really

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have here are massive sound bites coming

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from nancy pelosi

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trying to show how strong democracy is

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it's really kind of probably a political

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move especially with the 2022 midterm

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elections coming up and uh her dominance

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in the house of representatives and also

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uh the democrats power in the senate up

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for question a lot of folks saying we're

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going to have a big sweep of republicans

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and that they'll be in control of both

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chambers uh and that will leave biden as

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a lame duck we'll see but really what

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you're getting here are threats and

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sound bites from both sides i don't

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actually think there's anything to be

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nervous up here i'm like 95 certain this

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is just going to be just like what we

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saw throughout the last decade and

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especially 2018 where you have a bunch

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of saber rattling and maybe some

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sanctions here there or whatever like

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you had with trump uh and and chip

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sanctions and other sanctions but folks

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really in my opinion this is uh this is

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sort of like a a little bit of a

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stressful event that creates this fear

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of like oh no but what if there's a war

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between china and the united states it's

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not gonna happen i don't see it

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happening and if anything the united

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states would probably dominate china uh

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quite quite legitimately let's just do a

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quick comparison

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china has gotten pretty good with a

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shorter and medium-range domestic

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missiles uh like they could hit guam and

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maybe some bases in japan pretty well

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they've also got some pretty good

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counter space technology which would be

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a way of sort of taking off u.s

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satellites by uh you know flooding them

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with infrared or some sort of jamming

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equipment they're pretty good in these

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two sectors

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so again counter space that's when you

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attack satellites or

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like shorter term attacks maybe

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attacking american forward bases but

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after that

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china i don't know good luck why because

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the united states has substantial air

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superiority with their f-22s and f-35

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fifth generation aircrafts china still

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uh only about fifty percent gen four and

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fifty percent stuff from like the

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nineties like gen twos and threes their

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air defenses are strong like they're

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surface-to-air missiles their sams are

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good but the us has a good advantage

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against these the us has substantial

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precision strike weapons the chinese

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anti-surface a warfare missiles like

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being able to uh basically try to target

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u.s and naval ships or aircraft carriers

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has gotten stronger but realistically

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doesn't stand a chance against the

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united states defenses

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now you do have 41 submarines that china

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has and they have a pretty big naval

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fleet in fact some say their naval fleet

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is larger when you start counting all of

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the smaller units that they have you've

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got about 360 ships the us has about 297

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but a lot of these are small patrol

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vessels and the fact of the matter is

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the united states against china is

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estimated to be able to completely sink

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40 of the chinese navy in just seven

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days and then go around and do cleanup

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after that china's probably got about a

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thousand nukes we've got somewhere

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around six times as many of those

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we've got uh air power we've got 13 000

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military aircraft china has 2500 that

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means we've got about 5x china has more

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ground forces they've got a military

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about 2 million personnel large

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u.s has about 1.3 plus 800 k reserves

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but when you look at actual ground

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forces yeah it's still true the u.s has

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about half the size of around 500k china

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at around 915k however the people's

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liberation army of china is deemed to

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have pretty old equipment and even

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though they've got more personnel it

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just means they have to spend a larger

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portion of their budget on personnel

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rather than actual quality equipment

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that can help them win the fight this is

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where the u.s is deemed to have a big

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advantage and the us spends like four

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times as much money on the military as

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china does uh maybe a little less than

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four times but close to that the united

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states spending on our defense budget is

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778 billion dollars it's 39 of the

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entire globe's military expenses china

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spends about 252 billion dollars and

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they're ramping but remember a lot of

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this is going to personnel and that's

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actually why they're trying to reduce

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the size of their personnel count in

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their military because they realize this

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large personnel account is actually

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weighing them down

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anyway this whole pelosi nonsense in my

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opinion a big nothing burger if anything

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might give you a little bit of a buy the

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dip opportunity thanks so much for

9:58

watching good luck out there make sure

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if you're concerned about this to get

10:01

life insurance in as little as five

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minutes then go to mckevin.com

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[Music]

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[Applause]

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[Music]

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you

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