Back to episode — Episode 2752 CWSA 02/16/25
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em is supposed to work. Remember the whole point of DOGE, the sort of the DNA of the operating principle is they're going to move fast. They know they're going to break stuff and then when somebody points it out they're going to fix it. So move fast, break stuff fast, fix stuff fast. Here it is. They moved fast. They made some mistakes. Hiring people said whoa whoa whoa we can't replace these nucl…
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Palmer Luckey is on Shawn Ryan's podcast and he had some interesting things to say about manufacturing. He said that Trump understands that if we don't manufacture in America we're just everyone else's. So he talked about how China could just turn off the economy of the United States anytime it wants because we can't manufacture over here. And if we can't get the Chinese goods we're basically dead. So it is an enormous strategic risk to have your manufacturing outsourced. And it looks like it's coming back. I think we'll figure out how to get some of it back. But yeah I would agree with Palmer Luckey that if you can't manufacture in America you don't really have a future. I think that's fair to say. You don't have a future if you can't manufacture locally.
If you're not following the account by Zion Lights which is a person's first and last name, first name Zion last name Lights just like it sounds like the lights you turn on, she is one of our best journalists slash experts on nuclear energy and follows US plus Europe. And it's really sad to see that Germany phased out their nuclear. Now they had reasons of course. They have people afraid of it and blah blah blah. But apparently they didn't accomplish their goals for CO2 which they could have been a lot closer to if they kept their nuclear. And they're in a world of hurt. And Great Britain is currently pro-nuclear at the government level but the society is resisting it. So there's a big pushback in Great Britain.
And here's what I think. I think again this could be one of America's advantages over everybody except perhaps China because China's just going gung-ho with every form of energy they can get because they have unlimited need for energy. So they're doing everything right. Just energy first boom boom boom. And I think the United States is maybe finally at a place where we can just say let's do what makes sense. And we weren't there for decades. For decades we were like no nuclear power will kill us all and we don't know what to do with the waste. And all those problems were solved. Those are all solved problems. The safety, the waste, it's all solved. The waste you basically just keep on site. That's a total solution. So I think that the fact that Democrats at least in leadership, Democrats and also leader Republicans and also the president are unambiguously pro-nuclear power, pro-nuclear power is really really a good sign. And you know all of Silicon Valley is pro-nuclear power because they need it for AI and everything else. So if you've got all your tech geniuses, your top Republicans and your top Democrats just fully on board with nuclear power we're in much better shape than the countries that are not like that. So France is looking strong. They were early and smart on nuclear power so they've got a good nuclear power system going there. But in America is probably 10 to 20 years from being able to seriously say we made a difference in nuclear but maybe faster if we do the small modular stuff. We'll see.
Well meanwhile Zelensky over in Ukraine is calling for the formation of a European armed force. Now the idea is that since Trump is saying well we can't do everything in America. We're doing too much. You need to take care of yourself Europe. That Zelensky says they're going to need a European armed force. Now it would not replace NATO. It would augment it. It would be to boost NATO's power but also have their own independent military. I guess independent is the wrong word but a European military. Now does anybody care what Zelensky thinks Europe should do? I don't even need to discuss whether this is a good idea or a bad idea. It came from Zelensky. I don't think anybody's listening to him anymore.
Indeed it looks like Trump and Putin are planning to meet in Saudi. We don't have a date yet but they're going to meet in Saudi Arabia to discuss the war. Do you know who they're not bringing? They're not bringing Zelensky to the conversation about ending the war in Ukraine. Do you know why they're not bringing Zelensky? Why would you? He's not relevant because he's going to do whatever we tell him to do in the end. But they're also not bringing anybody from Europe. So there'll be no European and no Ukrainian. Just Trump and Putin deciding what a peace would look like. And I think the implication is that if Trump comes up with a deal Europe's just going to have to eat it. So better hope it's a deal that Europe can live with. Because and I have to admit if this were a normal situation you would want all the stakeholders to be involved. You'd want everybody who had an interest to be weighing in. But I go back to Jamie Dimon. When Jamie Dimon was doing his rant that got recorded he was being mad at his own employees and his own company for not stepping up. Basically one of the things he talked about was somebody who couldn't get something done without 14 different departments approving it. And he was just saying you can't do that. You can't run a great company where if you want to do something 14 different departments have to approve it. And he said something like give me the names of those 14 department heads and I'll fire them today because they shouldn't be doing that. They're not on the right side if there are 14 of them.
This is a similar situation and it's one of the things I like most about Trump is the business experience. Do you think Trump doesn't know that if he brings even one extra person in it fucks up the whole thing? Of course he knows that. What would happen if you brought two extra people to your negotiation? It fucks up twice as badly. What if you brought three different countries that all have an interest? Then it's triple. So Trump is doing the only thing that can work. Jamie Dimon is telling you the only thing that can work is you can't bring in 14 people. You just can't do it. There's no way to get from here to there through 14 different interests. You've got to find something that works for two key players, arguably the two important ones. And then if you're going to get it done you
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've got to shove it down the throats of the other people even if it's not their perfect solution. There's no other way to do it. So if you think he's being a dictator and blah blah blah well no more than Jamie Dimon. Somebody's got to be in charge and somebody's got to say this process can work. This other process where you've got 14 people deciding what works, that can never work. That can never…
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