Back to episode — Episode 944 Scott Adams - FBI Flynn-Flammers, A Slew of Fake News and some Funny Stuff Before Bed
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There is a video which some of you may have seen if you get all the conspiracy theory stuff. You know some of you are always looking in the right places for the conspiracy theory stuff. I saw today a video which I'm pretty sure is fake. So I'm going to tell you that in my opinion it looks, I'd say, certainly fake. So if you see it I will inoculate you from believing it. Okay, so the video purports…
← Previous segment →All right. Did you know that Chinese companies are snapping up oil fields because they're cheap? So there's some big Chinese developer. I saw this on Jack Posobiec's tweet that some Chinese rich guy who's buying up oil fields in Texas. And I'm thinking to myself, okay that sounds bad but let me ask you another question. Why do we let them buy anything? Can somebody answer why we let them buy anything in this country? I mean other than products they can take with them. Because we can't buy stuff in China, right? If we could I would say oh that's fair. They buy some stuff here, we buy some stuff there. But given the relative sizes of the economies and the populations, don't we all expect that if we wait long enough China's economy will dwarf the United States just because of math and demographics, right? We all expect that. That's sort of a given unless something strange happens.
Well what happens when China is so big that the amount of money that they can spend on stuff is even more gigantic compared to what it is now which is already massive? How much of the United States could they buy and just own it? I mean they could buy all the good stuff. They could buy all the good real estate. They could buy all the good companies. What couldn't they buy if they had enough money? So the question I ask you is if we can't buy stuff in their country and I think that's the case, right? I mean I'm not going out on a limb to say you can't buy a nice little piece of real estate in Shanghai. So if we can't, why in the world do we let them buy here? No I get that rich people like it because they can sell stuff to them. But really they're literally buying the country, right? See if they own a piece of the country they sort of have a lot of control just by being rich and here and landowners. Yeah, seems like a bad idea, says me.
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All right let me make sure that I've talked about all the delightful things that I was going to talk about. I don't want to leave a thing out because you would feel so used. All right, oh yes, I wanted to remind you that I'm moving some bonus content over to Locals and I've got a subscription site therefore. I'll be moving all of my video content. I'll still be doing it here every day so you stil…
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