Speaking of promises they're not keeping, let's talk about Hong Kong. I have two predictions about Hong Kong. Number one, China can't lose in the long run. They might have to pull back. They might pretend they're pulling back. But remember, it's a long game and China has all the power and the influence. Eventually they'll do whatever they need to do to get full control of Hong Kong. I don't think there's any chance that won't happen.

But here's the second part of the prediction. They're going to be sorry they won. If China had simply said, "Okay, Hong Kong, you can do your thing over there. We'll do our thing as long as it doesn't cause us any trouble. We're all good." If they had done that, they could probably just keep ticking along like they always had and things would be fine. But once they absorb Hong Kong and the Chinese people see this story and they see what it's done, they will have weaponized however many millions of people against their own country. So Hong Kong could eat them from the inside.

I think that their system is in a lot of peril now because once they do get control of Hong Kong, and they will, it might be in a year, it might be in a day, it might be in 25 years, but they will eventually. They just have too much power and influence for that not to happen eventually. But it's going to take them out. It's going to change their system. They're going to choke down Hong Kong and it's going to kill them over time because it's going to change the psychology within the country in a way that you can't put back in the bottle.