BRICS Ending US Dollar with China and Russia?

Chris Norlund
21 Jun 202414:12

Summary

TLDRIn this video, the host discusses recent geopolitical tensions, including North Korea's unusual use of 'poop balloons' towards the South, and the crossing of the border by North Korean soldiers, prompting warning shots. The video also covers China's aggressive actions with the Philippines over maritime territory, the potential weakening of the US dollar with the rise of BRICS nations, and the shifting alliances that could impact global trade and politics. The host expresses concern over escalating conflicts and the potential for a new Cold War scenario, while also sharing personal anecdotes and insights from living in South Korea.

Takeaways

  • 😨 North Korea has sent balloons with feces over the border into South Korea, a tactic reminiscent of medieval warfare.
  • 🏰 The speaker recalls playing a game on the Commodore 64 where catapults were used to hurl dead animals into enemy castles to spread disease.
  • ⚠️ North Korean soldiers have crossed the border, prompting South Korea to fire warning shots, indicating increased aggression.
  • 🌍 The world appears to be dividing into two camps, similar to the Cold War, with China and Russia aligning against the US and its allies.
  • 🗡️ A low-tech clash between the Chinese Coast Guard and the Philippine Navy resulted in injuries, with axes being used as weapons.
  • 💡 The speaker suggests that countries are trying to assert authority without resorting to a hot war, possibly through proxy conflicts.
  • 🛑 The US is pressuring its allies to adopt economic measures against China, such as tariffs on electric vehicles (EVs).
  • 🔄 There are rumors that North Korea has been supplying weapons to Russia, although this has not been confirmed.
  • 🔗 The BRICS nations are strengthening their ties, with Thailand and Malaysia looking to join the bloc.
  • 📉 The Japanese yen is sinking, and the US is concerned about Japan's lack of action to support its currency.
  • 💡 The speaker speculates that the dollar's strength is based on trust in the American economy and that the US will likely devise a plan to support it against challenges from Russia and China.

Q & A

  • What unusual action did North Korea reportedly take towards South Korea?

    -North Korea reportedly sent balloons filled with poop across the border into South Korea.

  • What historical context does the speaker mention regarding the use of such tactics?

    -The speaker mentions that such tactics, like throwing feces or dead animals, were used in medieval warfare to spread disease.

  • What game did the speaker used to play that involved catapulting objects into enemy territory?

    -The speaker mentioned playing an old game on the Commodore 64 that involved using a catapult to throw dead animals, possibly a game similar to 'Ivanhoe', but the exact name is not recalled.

  • What recent incident involving North Korean soldiers prompted concern?

    -North Korean soldiers crossed the border, which prompted warning shots to be fired, indicating a more aggressive stance from the North.

  • What is the speaker's perspective on the current geopolitical climate?

    -The speaker sees the world dividing into two sides, similar to the Cold War, with countries aligning with either the USA or with China and Russia.

  • What recent territorial dispute is mentioned in the script involving China and the Philippines?

    -A territorial dispute over an area in the ocean led to a low-tech clash between the Chinese Coast Guard and the Philippine Navy, with axes being used as weapons.

  • What economic measures are being taken against China by the USA and Canada?

    -The USA and Canada are implementing tariffs on Chinese electric vehicles (EVs), with the USA imposing a 100% EV tariff.

  • What is the BRICS organization and what recent developments are mentioned in the script?

    -BRICS is an association of five major emerging national economies: Brazil, Russia, India, China, and South Africa. The script mentions that Thailand and Malaysia are looking to join BRICS.

  • What concerns does the speaker express about the Japanese yen and its implications for the USA?

    -The speaker is concerned that the sinking yen could affect the sale of American goods overseas, as a stronger dollar makes exports more expensive.

  • What is the speaker's opinion on the USA's involvement in the Middle East?

    -The speaker believes the USA should not get involved in Middle Eastern conflicts, expressing disappointment in the USA's support for Israel during the Gaza War.

  • What is the speaker's view on the potential impact of cryptocurrencies on the US dollar?

    -The speaker suggests that cryptocurrencies, possibly supported by Russia and China, could be used to weaken the US dollar.

Outlines

00:00

😨 North Korea's Unusual Aggression and Global Tensions

The video discusses North Korea's unexpected act of sending 'poop field balloons' into South Korea, an event that has raised concerns due to its unusual nature. The speaker, living in South Korea, expresses personal concern over such incidents. The video also covers North Korean soldiers crossing the border, prompting warning shots, indicating a rise in aggressive behavior. The speaker speculates that North Korea might be testing responses in collusion with China and Russia. The situation is compared to medieval warfare tactics and modern video games, highlighting the absurdity of using such methods in the 21st century. The video also touches on territorial disputes in the ocean between China and the Philippines, where Chinese Coast Guard used axes, leading to injuries, and the potential for escalating conflicts without resorting to gunfire.

05:00

🌐 Economic and Political Shifts in the Global Arena

This paragraph delves into the economic and political shifts affecting global relations. It starts with the U.S. finding no currency manipulation in Japan but placing it on a monitoring list due to the sinking yen. The impact of a strong dollar on international trade is discussed, as is the potential for smaller Asian countries to join the BRICS alliance to avoid currency devaluation. The speaker speculates on the possibility of the dollar being replaced as the world's primary currency, considering moves by Russia and China to establish a new economic order. The influence of cryptocurrencies and the potential support from Russia and China to weaken the dollar is also mentioned. The paragraph concludes with the speaker's personal views on U.S. foreign policy, particularly regarding the Middle East, and the complexities of aligning with different global powers.

10:02

🛫 Diplomatic Maneuvers and Personal Perspectives on Global Events

The final paragraph focuses on diplomatic efforts and the speaker's personal insights into global events. It discusses the U.S. sending a diplomat to Vietnam following Putin's visit, indicating U.S. concerns over Russia's growing influence in the region. The speaker shares his upcoming trip to Vietnam with his wife, emphasizing his non-official capacity and his desire for peace and understanding among nations. He reflects on the common desires of people across different countries for peace and stability, contrasting with the actions of political leaders. The speaker also addresses the potential for conflict escalation, particularly regarding North Korea's activities, and shares his concerns about the current state of world affairs. The video concludes with an invitation for viewers to share their thoughts on the discussed topics.

Mindmap

Keywords

💡North Korea

North Korea is a country in East Asia known for its closed-off political system and occasional provocative actions towards its neighbors. In the video, it is mentioned as sending 'poop field balloons' into South Korea, which is a bizarre and unusual act of aggression. This example illustrates the theme of geopolitical tension and the unpredictable nature of international relations.

💡South Korea

South Korea is a country in East Asia that shares a border with North Korea. It is often in the spotlight due to the tense relationship with its northern neighbor. The video script discusses the concern of the speaker living in South Korea regarding the provocative actions by North Korea, such as the balloons incident, highlighting the impact of geopolitical events on everyday life.

💡Medieval Warfare

Medieval warfare refers to the military practices and tactics used during the Middle Ages. The video script mentions the historical use of catapults to throw dead animals into enemy castles to spread disease, drawing a parallel to the modern-day incident of North Korea's balloons, suggesting a continuity of certain warfare tactics over time.

💡Cold War

The Cold War was a period of geopolitical tension between the United States and the Soviet Union and their respective allies. The video script alludes to a division of the world into two camps, similar to the Cold War, indicating a resurgence of global tensions and the potential for a new era of conflict.

💡China

China is a major world power with significant economic and military influence. In the script, China is mentioned in the context of territorial disputes and aggressive actions, such as the incident with the Philippine Navy, illustrating the theme of rising tensions in the region and the potential for conflict.

💡Economic Ties

Economic ties refer to the interconnectedness of economies through trade, investment, and other financial activities. The video discusses China and Russia forming closer economic ties, including potential trade agreements, as a strategic move to counterbalance the influence of the West, underscoring the economic dimensions of geopolitical strategy.

💡BRICS

BRICS is an acronym for Brazil, Russia, India, China, and South Africa, which are emerging economies that often cooperate on international matters. The script mentions Thailand and Malaysia looking to join BRICS, indicating a shift in global economic alliances and the potential for a new economic bloc to challenge Western dominance.

💡Currency Manipulation

Currency manipulation refers to the deliberate devaluation or valuation of a country's currency to gain an unfair advantage in trade. The video script discusses the US finding no currency manipulation by Japan but adding it to a monitoring list, which relates to the theme of economic competition and the strategic use of currency valuation.

💡Diplomacy

Diplomacy is the practice of conducting negotiations between representatives of states. The script mentions the US sending a diplomat to Vietnam after Putin's visit, highlighting the theme of diplomatic efforts to maintain and strengthen international relations in the face of shifting geopolitical dynamics.

💡Proxy War

A proxy war is a conflict in which two powers confront each other indirectly, through the use of third parties. The video script suggests that the current geopolitical tensions may be leading to proxy wars, where countries assert their influence without direct military confrontation, illustrating the complex nature of modern conflicts.

💡Cryptocurrency

Cryptocurrency is a digital or virtual currency that uses cryptography for security. The script speculates that Russia and China might support cryptocurrency to weaken the US dollar, showing the theme of financial innovation as a tool in geopolitical competition.

Highlights

North Korea sends poop-filled balloons into South Korea, a bizarre and concerning act not previously seen in modern history.

The speaker lives in South Korea and expresses concern over North Korea's unpredictable actions.

A historical reference to medieval warfare tactics is made, drawing a parallel to the current situation.

A video game from the past is mentioned, where disease was spread via catapults, highlighting the absurdity of current events.

North Korean soldiers crossing the border prompts warning shots, indicating increased aggression.

The world is seen as dividing into two factions, reminiscent of the Cold War era.

China's Coast Guard is involved in a low-tech clash with the Philippine Navy, escalating tensions.

The use of axes in the clash results in injury, showing the severity of non-firearm confrontations.

The USA and Canada are imposing tariffs on Chinese electric vehicles, indicating economic strategies in geopolitical tensions.

Thailand and Malaysia are looking to join BRICS, suggesting a shift in global alliances.

Japan's currency manipulation and its implications for the US-Japan relations are discussed.

The potential for a new BRICS currency to replace the dollar in international trade is explored.

Cryptocurrencies like Bitcoin are posited as a means to weaken the dollar's dominance.

Middle Eastern countries' neutrality in global conflicts is contrasted with the USA's involvement in regional disputes.

Russia's aggressive moves to establish economic and military ties in Asia are highlighted.

The USA's response to Russia's influence in Vietnam by sending a diplomat is noted.

The speaker's personal

Transcripts

play00:00

hi friends welcome back so headlines

play00:03

North Korea sends poop field balloons

play00:06

into South and yes this is a real

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headline yes it really happened these

play00:10

are what the balloons look like I

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personally did not see the balloons so

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no pooped was dropped on me personally

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but I do live in South Korea so I do am

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concerned about these kind of things um

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this happened actually a couple of weeks

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ago and um you know they'll do crazy

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stuff from time to time I have not heard

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of this before of any country doing this

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if you guys let me know like searching

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history of countries have done this kind

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of thing I think the last thing that my

play00:35

you know recollection of this kind of

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stuff was back in medieval warfare and I

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remember this from high school because

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it was like really interesting um and I

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actually used to play the old game

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called U I want to say ivanho but I

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don't remember the name of the game you

play00:48

guys can remind me I used to play in com

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64 but you used to take a catapult and

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you could like throw dead cows into the

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enemy Castle to uh spread disease it was

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a really fun game actually I don't think

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it was called ivanho just remind me of

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the name of the game um and you know

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it's kind of funny but yes they're

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they're they're throwing poopa at us uh

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here in the South um but uh yes that's

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funny and it's all fun in games but I I

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I'm making this video today because

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actually unfortunately uh this is not

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funny this is the headlines here North

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Korea soldiers cross border prompting

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warning shots and uh essentially the

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north is getting a bit more aggressive

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um I I I think what's going on is

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they're sort of testing the waters and

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working in cahoots with China and Russia

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and this sort of the subject of today's

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video um unfortunately I see the world

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sort of dividing into two um very

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similar to what we saw at the Cold War

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and um this is also something that that

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is very concerning as well um this has

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just come out today June 20th uh 2024

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says here video shows Chinese Coast

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Guard brandishing an axe in a low Tech

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clash with the Philippine Navy um

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they've been fighting over a territory

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in the ocean um I don't know last couple

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months I've been seeing this stuff this

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particular one's a lot more aggressive

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you you'll see pictures and stuff this

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flying around but basically the the

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Chinese military I I think they were

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probably ordered no weapons no bullets

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nothing like that um but I mean axes is

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lethal you guys know this and one of the

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Filipino soldiers lost the thumb I guess

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and um no it's scary guys I mean people

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with axess coming at you is no good and

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then essentially they're being

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aggressive as much as they can without

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shooting each other let's hope it not

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doesn't uh go into more you know um

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violent confrontations so essentially

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what they're trying to do is like how

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can you assert Authority without getting

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into a hot war and and again we got

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sides going on here kind of a proxy

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right so um you guys know this

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especially if you live in USA you'll

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know a lot of Koreans live in USA a lot

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of Filipinos live in USA um and you may

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have friends uh that you know you're

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like hey what's going on you have any

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family over there it's it's concerning

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and moreover um this is something else

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like I said I think the world is

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dividing into too Canada this is the the

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leak is um they're going to be putting

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some eveve uh tariffs on on the Chinese

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Eves just like USA remember that was

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announced recently I told you guys about

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before on the channel where USA I think

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it's like 100% uh EV uh tariff um and uh

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I think Canada's going to do the same

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and again we're just kind of the USA is

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pressuring you know their allies to sort

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of you know make bad relations with the

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other side and then uh China and Russia

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are essentially trying to you know form

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their team to fight back um at the

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moment it seems that they're really

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aggressive into um making closer ties uh

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in Asia uh North Korea and Russia I

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guess they signed some sort of deal um

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from my understanding of it so no one

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really knows exactly like how far it'll

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go but it seems like a defensive pack to

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me to where okay if if you get attacked

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um you know we'll defend each other kind

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of thing and then the question is uh if

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um Ukraine uses you know us made weapons

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does that constitute an attack from the

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USA on Russia and then would North Korea

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use that as like hey you know you're

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attacking our Ally Etc um I guess

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they're going to have more economic ties

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and trade and stuff there's been rumors

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all along that North Korea has been

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supplying weapons to Russia I don't know

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if that that's been confirmed or not but

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I'm saying that's been part of the the

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rumors and and moreover um we talk about

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this from time to time guys the bricks

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thing um apparently it's getting

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stronger um my understanding is uh

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Thailand and M Malaysia are looking to

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join and um this was just recent news

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right so here's Thailand here um this is

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on June 21st uh 2024 and then this is um

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Malaysia here and this is again also

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just recently June 18th 2024 um I think

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what they're fighting over now is

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probably going to be Vietnam and

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moreover uh one of the uh staunch allies

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of the USA for for decades has been

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Japan and and I saw this headline this

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is all coming out like all right like

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recently June 21st 2024 like like all

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right today um it says here us finds no

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currency manipulation in 2023 Japan

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added to monitoring list so basically

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the the the Japanese yen is really

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really sinking and I think probably you

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know Janet yelling's on the phone and

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Biden you calling them up and say Hey

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you know when are you going to like

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raise rates or do something like support

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your Yen they're like no no we're not

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doing anything um but uh basically uh

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this is something that's happened to the

play05:27

Chinese Yuan as well is it just keeps

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dollar keeps getting stronger and um you

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know you may think wow you know strong

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dollar is great I mean not necessarily

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uh if we want to sell American Goods

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overseas it becomes more expensive for

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them right then the E other issue is um

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so something like say Thailand or

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Malaysia if they you know see their

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currencies sink even further uh because

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essentially you're looking around Asian

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currency which one you rather have uh

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you know for example your choic is

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Japanese Yen Korean Juan Chinese Yan uh

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is it the Tai bot I know what Malaysia's

play06:00

currency is called um but like usually

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the smaller countries currency will will

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will drop even further and so one of the

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incentives of why they would join bricks

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is because the way the world works now

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is if you want to buy like uh oil or

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food you you use that uh dollars to pick

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that that that stuff so um from a

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Russia's perspective or China's if you

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want to you know operate in a different

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currency perhaps you know create this

play06:23

new bricks currency and then you can buy

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your needed you know Necessities from

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that right and you can do your trade in

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a different one so

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um there is a possibility that the

play06:32

dollar could be uh replaced now my

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personal opinion is that it won't be I

play06:36

think the dollar is too strong and and

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the USA will come up with some sort of

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you know game plan to to essentially

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support it um because essentially the

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the dollar is is all based on um you

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know countries trust that the American

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economy is going to be okay uh so far it

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has been uh which has actually been

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really interesting compared to other

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places around the world but you know I'm

play06:55

just telling the truth on these things

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uh the other side uh be it Russia and

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China is are making moves to try to

play07:01

supplant the dollar and we'll see kind

play07:03

of what happens with that um a lot of

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people have said and this is something

play07:06

that I've talked with friends about

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before in the past that the whole

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Bitcoin thing could be um supported by

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Russia and China essentially and this

play07:13

would be crypto in general to try to

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weak in the dollar um I'll be curious if

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any guys have ever heard these kind of

play07:18

things but that that certainly makes

play07:19

sense to me and we do know that um

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Russia and Chinese money is in crypto

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now whether or not say something like

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the Saudis if they want to weaken the

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dollar I'm not sure I I I um I'm not

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sure I I know Saud has been kind of

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leaning uh towards that way recently as

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well maybe and and that's and it's a

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tricky one right then you get into

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Israel and all kinds of stuff like like

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which side are they going to be on and

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and so this is where and I've said this

play07:44

several times on the channel in my

play07:46

personal opinion you know the USA should

play07:48

just not get involved with the whole you

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know middle thing and because like at

play07:52

the moment they're supporting Israel and

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I haven't been thrilled about the Goda

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War I don't talk about it every day on

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the channel but I'm just I've been

play07:58

really really dis point in USA and that

play08:00

that's I'll I'll just leave it at that

play08:02

um I I just don't want to have any part

play08:04

of um I I haven't checked the checked

play08:05

the death toll recently in Gaza but I

play08:08

think it might be 30 or 40,000 people

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and I don't make any jokes about I it's

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really quite serious um yeah I just I

play08:14

don't want any part of of that kind of

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thing and unfortunately that just the

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way that it is there are many people in

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USA that you know like hey uh you know

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Israel they're they're Jewish they

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believe in Yahweh and you know we're

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Christian we believe in Jesus so you

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know we're going to be friends there's

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some people who think that way and I I'm

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not one of those people I I I don't want

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to base my political policy on on

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religion so that's just me I'm just

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mention that because that kind of thing

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may push uh America's you know too close

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to Israel may push like a Saudi Arabia

play08:43

away uh and maybe go towards the the you

play08:47

know the route of of taking China and um

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Russia side but you know at the moment

play08:52

usually the Middle East they want to be

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more neutral which makes sense because

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they want to sell oil to everybody but

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you never know in this world so you you

play08:59

do keep an eye on this bricks thing um

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moreover uh as mentioned before the

play09:04

fight now is over Vietnam so Russia uh

play09:07

you know is making ties with Vietnam

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they signed some sort of deal to have

play09:10

more cooperation there so you're seeing

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Putin be very aggressive with these kind

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of things I I don't know what he's

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because you know you guys get this you

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have to give up something to get

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something so uh my guess would be you

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know hey we'll buy your stuff that kind

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of stuff and essentially too you know

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Russia is getting cut off from the

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Western World so they got to thr out

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ways around it now Vietnam an

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interesting country because um they do

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business with a lot of people so uh the

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Koreans have a lot of factories in in

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Vietnam actually uh China does business

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in Vietnam I'm not sure how many

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factories they have there I I I just

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don't know um but I know the USA has

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factories there also um and you know

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Russia may be trying to figure out you

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know I don't think Russia would put

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factors in Vietnam though like I said I

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think be more be buying their goods

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maybe selling I don't know Vietnam's oil

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I just I'm just not sure and that that

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kind of stuff it gets complicated stuff

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because I have to you know follow every

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single country around the world but you

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know one of the things that would be a

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real shame is if um you know USA lost

play10:02

Vietnam in terms of diplomatic relations

play10:04

to Russia so lo and behold this is all

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you mean just right now June 21st

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2024 says here us to send uh what East

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Asia Diplomat to Vietnam after Putin

play10:15

visit so you know obviously USA is

play10:17

concerned about this but we we should

play10:18

have been there before not after Putin

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you know I I'm I'm assuming this usually

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our Intel is pretty good on the Russia

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stuff is that we knew they were they

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were going to be meeting it it' be hard

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to keep secret and so they're probably

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making plans to bolster relations now

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ironically um in the next couple of days

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uh my wife and I going to be heading to

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Vietnam I'm just showing you old

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pictures we used to live there actually

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about five years ago I'll say no I don't

play10:42

work for the CIA and yes I did interview

play10:44

with them I used to serve the United

play10:45

States Navy and then after that I I

play10:47

interviewed the CIA but I don't work for

play10:48

them or anything like that so I'm

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telling you this up front because you're

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like hey why why are we seeing these

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articles about you know uh diplomats to

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Vietnam and now Chris is going no

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relation and and if I I wouldn't be

play10:59

making videos on YouTube about said

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things so I say it all in just because

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it just I wouldn't be um but one thing I

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will say is that um Vietnam is a

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fantastic place all these countries I

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mentioned are are are fantastic places

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to to visit and um I just want to make

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friends with everyone I know that's not

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essentially the um the way the world

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works because you know we're always

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fighting over resources and that kind of

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thing but I think it's always important

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to meet people from other countries and

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you'll realize wow these These are

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people on the ground they just want

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everything that that that you want they

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want their kids to go to school they

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want to have jobs they want to live in

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peace Etc that's the regular people and

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it's really just the leaders of the top

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that are fighting over whatever so I'm

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just sharing you some pictures of of

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when last time we were in Vietnam it's a

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fantastic place and uh looking forward

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to share it with you and um when you

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guys get a chance you can check out the

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stuff on on our Vlog I'm just mention

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our Vlog stuff because um we're going to

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be making videos there and uh looking

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forward to sharing with that and you

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know to me when when when I talk about

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world events I you know I've been in a

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lot of these places so it's real to me

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and I know a lot of uh people from these

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various countries and and you know have

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friends places so hopefully we can keep

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peace but um you know lately I just feel

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like things are getting a bit more

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dangerous unfortunately um I mean right

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now we have two hot Wars right so have

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the the situation in uh in Gaza and also

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the situation uh Ukraine has been going

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on a while and um you know we'll see

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what happens uh hopefully um North Kore

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doesn't get more aggressive you know

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poop is one thing but you know soldiers

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is like a whole other thing that that we

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don't want to see like soldiers crossing

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the border just to be testing the waters

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uh that's not something North Korea

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usually does usually they'll shoot

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missiles into the ocean that kind of

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stuff but um you know we we'll we'll see

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if there's anything the escalates beyond

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that I I would think the next step if

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you're sending Soldier across the board

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to be like you know doing fighter jets

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and buzzing to see how close you can get

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before you know uh before South Korea

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responds and I think what they're doing

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is sort of testing response times you

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know that kind of thing and um you know

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probably checking if their Intel matches

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up and seeing you know where troops come

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from where and you know which Fighters

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you know scramble from which air bases

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that kind of stuff so that's probably

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what they're doing and and it's not

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really a good sign obviously I'm sure

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you guys know this so anyway um you know

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people often ask like what's life like

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here in Korean that's why you know share

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the Vlog stuff you can you can see what

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it's like I I share a lot our lives here

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on a daily basis we're not really

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worried about North Korea at all but um

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ver when you see something like this

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it's not that we're worried just I mean

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you would be

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concerned the the best way to think

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about it is like you know uh if if if if

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your neighbor were like throwing garbage

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in your in your backyard I mean I think

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you would care you don't want to get

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necessar in a fight over but be like hey

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cut it out no more garbage no more poop

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please and uh you try to ask nicely and

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then you know when they start doing

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stuff like this you're you're you're

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concerned um I think I think the odds of

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Hot War are still very very slim but it

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doesn't mean necessarily that it's zero

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unfortunately so as long as these

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weapons exist you do always have to be

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careful so anyway that's my thoughts and

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stuff love to hear you guys' thoughts on

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any one of these things we talked about

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um relations between you know uh various

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sides we talked about the weaking of the

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dollar we talked about bricks to talk

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about you know establishing

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relationships with various countries so

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want to hear your thoughts also on these

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things and uh I'll catch you on the next

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video

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