chemical companies were openly marketing and selling the precursors used for fentanyl, cocaine and heroin. And so apparently they've indicted Chinese companies. So the FBI knows the name of the companies and has indicted them.

What happens when you indict a Chinese company? Nothing, right? It's not like the Chinese company is going to say, oh okay, we throw ourselves at the mercy of the American justice system. They just ignore it, right? Because it has no impact on them in China.

So I would imagine that nothing will come of this unless there's something about this I don't understand. But indicting them shouldn't make any difference at all. They'll just keep their signs out and keep advertising what they're doing. And obviously the government of China knows what they're doing and is allowing it. Obviously.

So here's what I think. I think that now we have enough information since we know the exact companies and we know they were operating openly that it's time to embarrass President Xi until he can't stay in office, until his own people remove him. So I think he should be embarrassed at being the world's biggest drug dealer. Now that might not be the answer, but the thing is at some point you can embarrass Xi out of office. And I don't know that Trump should do it necessarily because he's got to talk to him, but the world could do it.

And President Xi, I think you could accurately say, is the world's biggest drug dealer. Now that doesn't mean that we're going to treat him like a cartel for all practical reasons, but we can refer to him that way from now on. So to me, President Xi is the biggest drug dealer in the world. It's the most disrespected thing you could ever imagine. And it's humiliating to live in a country of China and have your leader be the biggest drug dealer in the world. So it's sort of the Venezuela problem, isn't it?

So here we assume that Xi could shut down those companies anytime he wants.

Florida is going to, maybe assuming that they vote for it, it looks like they will, end school vaccine mandates. I don't know if that's a good idea. I understand the argument. You know, you should have freedom and choice about what gets put in your body. I get it. This is a strong argument and I won't argue against it. What I will point out is it's kind of nice that we have states that will try different things because maybe in several years we'll say to ourselves, well that was a brilliant idea, Florida. We'll all follow your lead.

So I like the fact that it's like a laboratory. So I don't have an opinion on it. We'll just watch it, see if it works. You know, and anybody can get the vaccinations if they want them. So that should be enough.

In South Korea, their birth rate problem is so bad that it's only at 0.75. So every person is only replacing themselves with three quarters of a person, statistically. It's the lowest birth rate on Earth. Yowser. And their population is on track to shrink by nearly a third by 2072. *Bloomberg* is reporting this.

So one of the things that's happening as a result of that is that some big companies in South Korea are offering bonuses to women who have babies. Employees, I assume, must be employees. Yeah, employees and their families. $72,000 per baby. $72,000 to have a baby and plus in-house daycare until 9:30 p.m., emergency babysitting and temporary cover for parental leave.

So they're basically, let me ask you this. Why is it true that birth rates used to be higher? And the answer is because it used to be a cash-positive operation. If you were running a farm, having more kids probably was all good because you had more people to work and protect you and protect your assets and all that stuff.

But when it became, because of the way we've organized modern economies, when it became an expense, then immediately there was less of it. And when it became a really burdening expense then it became an emergency. So far what we've noticed is that if you get the economic incentive right, things move in the right direction. And they do say it moved a little bit already but $72,000 per child is sort of on the borderline of being a profit center, isn't it? I mean later the child will cost them enough money that it's not worth it or it's not cash positive. It might still be worth it but it won't be cash positive.

I don't know, might work but maybe it'll take $150,000. Almost anybody would have a baby for $150,000. You might get a third of the people say I'll do that. That's better