Back to episode — Episode 1518 Scott Adams - Start Your Day Right With the Simultaneous Sip
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afraid. That's the only reason you get it, right? I mean, you might not be very afraid, but let's say at least concerned. Because whether you get vaccinated or don't get vaccinated, it's all based on fear. The fear is the only thing that's making any of it happen. He thinks one side is operating on fear. That's everybody. That's Keith Olbermann. He's literally afraid that other people won't get va…
← Previous segment →about MSNBC? Do they report that every time? No, probably not. So what happens when Fox News reports it every time? It guarantees it's going to happen, right? Is it really news? Is it newsworthy that people are chanting this? Well, the first time, maybe. Even the second time, it might be newsworthy, you know, if it's some specific kind of event. But watching Fox News make this happen and pretend that they're just covering the news—no, they're making the news. Fox News is making this happen, and then the reporting of it. It's a great circular kind of business model. Let's make something happen, and then we'll report it, and we don't even have to spend money researching. We'll just listen to the video and say, oh, there's a report. Got another report there. Got another article out of that.
All right, so I'm not even criticizing Fox News. I just think it's funny. I think it's hilarious that they're doing it.
In slightly more serious news, the battle for Taiwan has started. Here's the report. So it's not unusual for China to send aircraft into Taiwan's airspace just to sort of keep them on notice that China says we own you. But the number that they sent has just skyrocketed. So China sent 20 aircraft into Taiwan's space, I guess yesterday, and then later a bunch more. So nearly 80 planes, including fighter jets and bombers—80 Chinese aircraft, including fighter jets and bombers—80 in one day violated the Taiwan airspace, according to Taiwan. What do you make of that?
Now, obviously it's because of Biden's weakness. Does anybody disagree with that? Somewhat obviously because of Biden's weakness, they have to probe it. So is it smart for China to probe for a weakness? Yeah, it is smart. I mean, given that their goal is to get Taiwan under their control eventually, it's very smart. But be careful what you wish for. Be careful what you wish for.
If all of you heard the phrase "a Pyrrhic victory"—P-Y-R-R-H-I-C—how many of you have heard the phrase "a Pyrrhic victory"? So this is a pretty well-informed crowd, especially over on Locals. On Locals every one of you say yes. Really? Holy cow. Oh, even on YouTube. Wow. I don't know. Does this mean that I have a more educated audience than the average? I can't believe that this would be mostly yeses with a generic audience. Can you? Am I being surprised for no reason, or is this actually surprising? It's almost all yeses on two different platforms. Maybe the no people aren't weighing in, but I'll be damned. I really thought that that was going to be closer to like 20 percent of you would know what that meant.
All right. Well, surprising, but also good news. It's good news that you all know that. So a Pyrrhic victory, if there's one person who doesn't know, it means that you might win the battle, but you've degraded your army so much in winning the battle that you're going to lose the war, because you don't have enough left after the battle to maintain and keep things.
And imagine if you will China militarily taking over Taiwan. Let's just game this out in our heads. Imagine that China militarily attacks Taiwan. What's the United States do? What do we do? Well, I'm sure we'd arrange our assets, our military assets. But would we fire at mainland China? I don't think so. I don't think that we would get into a shooting war with China, because it could—there's just no way you could win, and there's nothing like winning that that would look like that. I think what we would do is just take out China's economy for a hundred years. I think China's economy would suffer for a hundred years if they take Taiwan. Now, that might be worth it. They might say, you know, we think in terms of thousands of years, so 100 years to get Taiwan back under our control, yeah, let's do it. Maybe. I mean, I don't know. I can't get into the minds of the Chinese leadership. But I think that it would be impossible for an American business to do any business with China if they were militarily taking over Taiwan. Who disagrees?
So just that statement: that the moment that China actually fired on Taiwan militarily and it was actually war, from that moment on and for the next hundred years, you couldn't be an American company going to do business in China. And even the ones that are there would have to pull out. Then they'd have to. Now your iPhone is going to suffer for a long time, because they won't be able to assemble it. But so that's the first thing that China has to worry about. It would guarantee crashing their economy. Does anybody think it wouldn't guarantee a crash of China's economy? Because the rest of the world would just turn on them. Does anybody think that's wrong? Disagree with me if you have reason, because you don't think we would just keep doing business as usual. "Well, we lost Taiwan. I sure wish that hadn't happened." Yeah, China's economy is already fragile, but I think this is the further guarantee that China is unsafe for business.
Imagine considering doing business in China when you know that they sent 80 warplanes into Taiwan airspace. You're the CEO of some big company, and you're trying to decide whether to move into China to do manufacturing. You can't do it. Just the fact that they're threatening at this level means that China is a potential war zone, at least economically. And then, you know, if it's economically, you can't really move anything there. They won't be able to get any parts, and everything will fall apart. No energy, etc.
So as I've told you many times, the economy turns on one thing primarily. As long as you have enough resources, there's one thing that makes the economy run. What is it? What is the one thing that makes an economy work, as long as you have enough resources? Expectations. Psychology. Confidence. Yeah, it's the mental part. China has lost the base requirement for a good economy. The base requirement—and there's no exception to this—is some level of trust. You've got to have some trust, some certainty, some confidence. It's all gone. China has burned all of their business capital, their psychological capital. It's all gone now. There's nobody who is a reasonable person who follows world events who thinks it wouldn't be too risky to go into China and do business there, because it's way too risky now. Not maybe so much 20 years ago, but right now, way too risky. And that psychological problem is just getting bigger.
And what is the one thing that the United States would need to guarantee that we take China's economy down without firing a shot? Which president would get you that result? Which president gets you not a single shot fired and China is just dismantled? Only one person on earth—probably only one person on earth—could get that done. If China makes a stronger move for Taiwan, Trump's your next president. I mean, I don't know how you could. That's it. It's over. If China wants to make Trump get a second term, just fire a real missile into Taiwan. Just one. And he's president, and he's going to come for you. He's coming for you. And this time he's going to have the whole country behind him, at least in terms of China. You know, he'll be as divisive as ever in general, but when it comes to China, the whole country's going to be behind him.
And what happens if the generals say, I don't think you should do this economic warfare. It might turn into something bad. Nope. Now, would it be a Pyrrhic victory for the United States? Maybe that's the risk. So that's why you need a Trump to manage what would be kind of a delicate process, which is how do you get our economy to still work if China's economy is going down? They're kind of connected, right? So how do you do that?
Let me throw out an idea. Are you ready for a wild brainstorming idea? You ready? I'm going to tie a couple thing
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s together. I don't know if this is practical. This is just brainstorming, so don't be too critical. Take this as what I call the bad idea or the bad version. The bad version just makes you maybe think of a better version, right? So I'm just stimulating your thinking process. It goes like this: How could we manufacture things in the United States cheaply enough that we could compete with whatever…
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