The Elites Are Cruising Toward WWIII - Trish Regan Show S3|E248

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TRISH REGAN - FULL SHOW S3|E248

If we're not careful, a few people may wind up creating massive problems for the world. In today's episode, I'm asking: Where's the diplomacy?

Why are we one year into the Ukraine crisis with no potential for resolution?

We cannot afford this. Already, we have spent more money ($200 billion) on Ukraine assistance than we did after TWENTY years in Afghanistan. Yet, we just hand-delivered another massive check.

As the U.S. becomes a bottomless pit of cash, Ukraine's Zelensky told the German Newspaper, Die Welt, there would be a "global war" should the Chinese support China. President Zelensky's threats come just as Secretary of State Blinken promises major problems for the Chinese if they provide lethal support to Russia.

And yet?

The Chinese are still sitting down with Vladimir Putin amid rumors of the need for a "new world order" that reduces the role of the U.S. as a hegemonic power...

Chapter 2: Is this China's 'Payback' for the West and Opioid Wars? 10:00

In today's show, I consider the issue of "payback." The Chinese never forgave the West for its role in the First and Second Opioid Wars of the 1800s.

Keep in mind, while China was the first to discover and use opioids for medicinal use in the 7th century, it was the West (the Brits and soon the Americans and French) that understood how to package, market, and smuggle the illegal drugs throughout China.

Despite efforts from the Qing dynasty (and the Ming dynasty in earlier years) to prevent opioids from being trafficked illegally across China's Southern Border -- the Chinese border in the South was vulnerable and porous.

British merchants created an addictive tobacco-opioid cocktail that could be traded in exchange for Chinese silk. This became a massive business. In the 1800s, opium would become the largest commodity trade for Britain. By the end of the 19th century, nearly 1/3rd of the Chinese population suffered from opioid addiction. As the Qing dynasty tried to stop the trade, the Opium Wars followed (I and II) and treaties were eventually established that left China in a vulnerable position.

The Chinese never forgave the "Western elites" that profited off their country's addiction. Following the wars, the British Empire, the United States, France, and Germany signed treaties with China in the late 1800s which became known as 'unfair' treaties -- and subjected China to what Chinese historians call the 'Century of Humiliation.' This 'Century of Humiliation' was used by the Communist Party in the 1920s to help instill a sense of nationalism and determination in the people. Students in modern China are taught that China should never again depend on another nation.

Considering the recent and massive rise in opioid abuse here in the United States, coming through our porous Southern Border... there's an interesting lesson to be learned from China's history.

Chapter 3: China's CATL and the Failure of Capitalism to Recognize Security Threats

Meanwhile, we must also consider this reality:

According to the DEA, the majority of fentanyl crossing the Mexican border for the U.S. originates in China.

It begs the question: Are the Chinese attempting to do to us, what we (and the British and the United States to them? I address the issue. If nothing else, this is a very strange twist of fate...

Plus, a Chinese electric battery company seeks a $3.4 billion joint venture with Ford to build a battery plant in Michigan. The Biden administration is thrilled. But, wouldn't this make us even more dependent on China? I'm digging into the deal... as well as the problems of capitalism as it relates to national security. If we're serious about Electric Vehicles, we most definitely cannot become dependent on the Chinese to make their batteries.

And last...

Chapter 4: Harry's Big Mistake 26:30

Harry And Meghan. Hear my take on why Harry made a big mistake.

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Today's show sponsors include:

KeyCity Capital

Legacy Precious Metals

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