dan collins' dan welcome back to the kaiser report thematics going to be back well right so we always come to you for insight into what's happening in china you've been reading the mandarin language news for insight into the extraordinary change in the u.s. china relationship over the past week the alaska summit what on earth happened there how did secretary of state blink and get so badly then well it was a complete amateur hour at the summit so what happened is blink and opened with stephen what they're going to cover on the agenda and it sounded like somebody talking to there not a child or some of the community united states now we're going to cover every one of your domestic issues you've been bad and the john jay jay which is the foreign minister blew up like he has a normal to meet a protocol to respond he took 16 minutes this is gone viral accusing united states of so many think it's gone viral all over china the 1st thing everybody was talking about is why the person next to blink in his purple hair and went crazy in china. you know he's not serious i mean for me it's ok but china and china purple here sign of mental instability so that's why it went viral 1st of all saying it was all the time all the discussion so you know china said look it opens up with you're creating global instability the chinese side comes back into school global instability have you not heard of libya have you not heard of syria and not heard of multiple color revolutions if you've been doing it the united states as it and they quote goes around the world using their military and financial edge of minute money control try creating global instability and the key point is these. you have no right you have no qualification to talk down to us about global instability eyes at the u.s. side kind of went wow we're not used to people cock back to us so this is a country in china that doesn't need american capital it doesn't need american technology it can export markets united states about 20 percent now their exports they could live without it they build a larger needy the u.s. has basically no military control now a missile train a c. or the east china sea so china's not afraid and they're acting as equals and they're telling them you're going to treat us like equals or we're gone this is you know been protected by you and others over the past few years or been talking about this the rise of china and how the usa was really tone deaf to what's happening there now unlike a lot of people who cover the space you actually live in china for 20 years and you know chinese economy the chinese press how did the chinese press cover the summit well they're calling it china pulled their ace of ace card basically their it's very positive light they like the way that foreign ministers handled the discussion . there the formally the government is saying talking is better than not talking it will we'll be talking again hopefully there is some type a reset but you know china's not going to play number 2 what what you saw here is well for your diplomacy what they call it it's been a focus for 23 years and they're going to get much more aggressive in stand up for themselves in the global you know propaganda that's been getting directed against them on things like shin young day after they have this diplomatic disaster and the alaska summit by them fell 3 times last trying to climb the stairs of air force one and that's not a good luck certainly how did that play in china. well there you can imagine it's also gone viral in china there you know people are saying is this america you know . we can't they can't even climate stairs anymore so yeah it's kind of be a joke in china right i guess is better than bush number one i believe he threw up on the japanese leader during his tenure so they should count themselves lucky that elise if it is a shoe thrown at him yeah that the bush 2 had the other shoe thrown at him great so this is actually an improvement falling down or up the stairs of air force one is we're making progress over here so now you have officials this week in the us said that china was seeking quote economic dominance and that this makes them a threat to the us. i don't get it of course china seeking economic dominance i mean what's what kind of statement is that does the us think that they own the world or something it seems pretty that this is does the us understand what they mean if competition means is such a dumb statement is this saber rattling way of saying that china is out competing us what's going on there down china's oh competed us in in every facet you know and now they're technically ahead of us i g well bill payments infrastructure you don't have a train. it was 1100 kilometers in 4 hours it's like boston to chicago 4 hours and we are amtrak does it 23 hours there infrastructures all brand new brand new cities you know so they're clean our clocks they've done is behind very high tariff trade barriers so we've gone decades where our goods to them are 40 percent duties and their goods to us are 2 percent and then we look around and wonder you know what happened but so we're just at the press of this we've been no compete this is nothing you can turn around in a day it's going to take a long time to get us manufacturing back and it doesn't change overnight let's talk a slightly different take on this china is starting to crack down on their domestic internet behave myths like alibaba and finance obeid 10 cent and others these companies are far ahead of their global competition in terms of fent tech innovation well that innovation die with this crackdown in other words are trying to strike a balance there is that going to work damn i don't believe it'll it'll die completely these companies in expression too big to ali baba in the 10 cent or have been dominating the new tech economy of china they became so powerful through firms like and financial which only ali baba they were sucking up 30 to 40 percent of global savings out of the system so it was just a myth just america if he started buying up media the basic any new type of start up comes up they buy it so these companies just became much much too powerful and now china's was forced to after the baby and system you know be virtually got put in it and financially they had to do something so they're trying to create a balance now as we speak there one thing it doesn't make any sense to me is that they abided ministration saying hey china is time to outcompete us or what and instead unleashing american life a new ours in america looks like america is going to follow china and censoring big tech. like doesn't it if america wants me america should may not follow china in the censoring crackdown band yeah we have i mean we're going to have to get our own game playing together and figure out it's going to be essential zeeshan if you look at a few of the air promising areas the united states a commie you know electric field bugles with test low space x. bitcoin changing money these areas are decentralising using american creative ingenuity ingenious we're going to look for all solutions the economy around this type of area and we can outcompete china but it's not going to be done by the will playbook we've got to take new 8 years of this right i remember back in the eighty's when i was the story on wall street when i was working on wall street that japan was going to take over the world and the u.s. had to get used to being number 2 and then they unleashed the internet and japan could not really do what america did on the internet that was to create all these world class internet companies through the magic of interest of american entrepreneurial as i'm and so then we had a huge 1990 s. in the u.s. so it seems like the biden ministration should go back to that as this is the playbook and say wait a minute you know we americans are entrepreneurial we need give them freedom you know that's what it says in the frickin constitution freedom you know don't don't follow in the censoring footsteps now that you point out that these corporations in china were indeed growing more powerful than the state and the u.s. now has a similar situation post world war 2 and the government here in the u.s. . they they they seem to have conceded the fact that they just don't have any power over these companies to do anything or no game plan to do anything. you know how do you add you if you were advising this current ministration what would be or 3 point plan well i think yes as you point 0 max we struggle with recognizing monopolies when they're in profit when they're in plain sight we didn't do anything with microsoft in the ninety's when they were basically a monopoly we've got google today which is an absolute monopoly in search we've got amazon which is quickly becoming a monopoly so there needs to be obviously government action around it what that entails i think they need it you know they need to have a study and look at it i don't know if it means breaking it up or it means trying to understand how these companies became so problem begin with obviously you want ingenuity and you want you know i think these are great companies that some of these companies are been put together but as long as their monopoly positions it is going to stifle innovation and that's one area why you know china is winning the war in a lot of check now you know our fastest growing social media platform united states which is donor sharing or zoom is done by a chinese immigrant united states so we're also losing this side of the game so we're not even keeping up in that area as much as we were as you mentioned the ninety's and not for software but yeah there's we we need to look at where we were starting from today and how we get to a better point because obviously something's gone wrong 90 percent of our semiconductors are imported 90 percent of the fish we consume is import that's those 2 things don't seem linked but they are it's called government mismanagement americans can't make anything anymore and they need to get down to the root cause of what's called and yeah it's interesting you bring up this point some other words you've got some similarities some differences what what we would. criticizing china as a thought charinus is replicated in the us as monopoly. but they then net effect is pretty much the same you're giving absolute power to a pullup euro if you will of some tech companies and the result is stagnation and innovative stagnation and. in again though in we've had this experience in the us of having monopolies you know out under teddy roosevelt a trust buster that he went in there and also i believe in the previous administration or tromp hinted at that this idea that they were going to break up the monopolies never got a chance to do it but not b.s. the simplest way to crack open the entrepreneurial isn't america just say you know what we're actually going to do the teddy roosevelt play we're going to break up the monopolies and we're going to let freedom ring damn i think it's probably the only solution if you've got 90 percent market share in search which who has i mean there are many competitors just take google and search engine so it probably does need to be broken up and we need to figure out how to do that we need to keep. normally monopolies don't develop just by themselves it's usually do some type of government regulation increase that so we need to figure out what's going on and get it fixed also and on a social from the same like the u.s. is moving toward a more chinese style of collectivism and issuing the idea of individuality rights american is really more individual a sovereign say and why is china's more of the the collective and again the us should break away from trying to get into the social justice warrior collective and just go back to what it does best individual sovereignty but then as all is well worth the conversation to bring us up to date thanks so much for being on the kaiser report thanks very much and that's going to do it for this edition of the kaiser report with me max kaiser and stay sir but want to thank our guest dan collins it's all next on fire yo. world. shaped by. the day. thinks. we dare to ask. always be polite never engage with a negative aided or confrontational also. don't get into any conversation or start answering questions just ask for an attorney. to survive and tear a geisha. definitely don't want to go on the trial in the jumpsuit on cups. you're more likely to walk free if you're rich and guilty or if you're poor and. you've got 2 eyes and ears in one now. so you should be seen in here and a whole lot more than you're saying if you don't take that advice easy going to dig yourself a hole. this saturday morning the u.k. registers a massive rise in attacks on asians reflecting a rift the global trend of scapegoating the community for the pandemic. if you like asian racism has been such a common thing for so long just how i. feel scared. to talk french minister price foreign interference over the turkish but building of europe's largest mosque deepening toxic rhetoric over the role o
Live Music Archive
Librivox Free Audio
Metropolitan Museum
Cleveland Museum of Art
Internet Arcade
Console Living Room
Open Library
American Libraries
TV News
Understanding 9/11
