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เมื่อผู้ว่าเฟดเผชิญวิกฤติความเชื่อมั่น : คนเคาะข่าว 30-07-69

News139:56

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[Music] [Music] Hello and welcome to the program "News People." On Thursday evening, July 30, 2569 B.E. Of course, every Thursday evening, even though it's a holiday, we have an appointment to discuss very hot international news with Professor Sudatip Jrujinda Inthra. Hello. >> Hello. >> This week, oh, Thai people have a long holiday, Professor, but abroad they are still shooting each other with booms and bangs. >> They have already stopped shooting. >> It's been 13 days of bombing, a 2-3 day ceasefire. >> Oil prices dropped, they said they would use negotiation. >> Who was it? Watch, the US Ambassador to the UN, who went to make a statement there, said that the President has agreed to give diplomacy another chance, right? Diplomacy. >> Apparently, the reason for the ceasefire was that someone intervened. It seemed like we were talking, and Dan Ken. >> The Chairman of the Joint Chiefs of Staff, uh, is the Commander-in-Chief, a former general, I think he was a Major General, Major General, but Trump fired him. He brought him back and appointed him as an Air Force General to control this. But he's a straightforward person. And then the news leaked that weapons were running low. >> As we've discussed on our show, we've emphasized, emphasized, and emphasized again that weapons are running low. >> The indicator is that they went to talk to the car companies, the big ones, and said, "You, can you start using your remaining capacity? Because... >> Come help produce weapons. People aren't buying many cars because of the high oil prices, right? Please produce some weapons. >> Meaning, the car production lines should switch to producing weapons. And the weapon manufacturing companies must be surprised because they produce very slowly because it's expensive. The Grumman and Lockheed, and all of them, you see, they are red. And JD Vance disagrees with the war. He's the representative who went to negotiate the ceasefire. And then the official news came out, saying that Dan Ken, the Commander-in-Chief, spoke to Trump, saying, "We've shot until we're out of bullets, carpet-bombed, there's nothing left to shoot. What else can we shoot? It's a waste of weapons." It's a very clever way of saying it, but they said weapons are insufficient. >> Insufficient. Uh, Patriot is running out. >> Oh, to that extent. >> Anyway, most of the media outlets have revealed it. Weapons are running low, so we have to be economical. Right? Oh, Trump is very angry. Very angry about this round of bombing. So, the conclusion is that Trump is rich. Every time there's bombing, oil prices go up because he bought when Brent dropped to 80. And it's running up. Today, it's hitting 100 again. How many times has CNN counted almost 50 times it's fluctuated? Every time they say, "Oh, we're going to use, we're going to negotiate," oil plummets. What's his name, West Texas? It dropped to 70, something like that. Brent dropped to 80. Now it's skyrocketing. How many days has it been? Who got rich? >> Now, the latest round, it seems the attacks have expanded to many points in the Middle East, Professor. Like the latest on Thursday, they said even Egypt's liquefied natural gas storage ship was hit. And before that, there were also in Saudi Arabia, right, Professor? >> Yes, yes. >> And Jordan. >> They have this new 3, you know, we talked about New Territory. >> Meaning Jordan was never [inhales] touched at all. At the beginning of the war, for 3-4 months, it was never touched. Now it's a direct hit because it's the location of a US base. You fired into Iran, an American base, not Jordan's army. So they had to deal with it. This is the reason why Trump is so furious. And there's news that weapons are running low. They bombed. And Saudi Arabia was also hit, a base. And Saudi Arabia has a connection to wanting nuclear energy, wanting to develop nuclear power. Which is open-ended, meaning it's not limited to whether you develop it to weapon grade or not. So there must be something first. The first is the Abraham Accords. And many people point out, "Hey, you said it yourself that it must be a Two-State Solution." Saudi Arabia won't agree. And yesterday, they shook hands. Remember about 2 years ago? The Saudi leader, MBS, and Iran. Wow, it was going to be a new era in the Middle East. At that time, it was going to be an era of peace between these two rivals. Today, America is dealing with it. If you want nuclear power, you have to exchange it for the Abraham Accords, or this matter. Let Saudi Arabia join the fight. >> Wow, so there's a picture of Saudi Arabia shaking hands with the US to bomb in >> Iraq. Yes, themselves. Yes, in Iraq. And they were also bombed themselves at the beginning of the war. >> So they got entangled in the war. >> America pulled them in. And this trip of Mr. Netanyahu, it has a part where he said, "I told you, the war can't be stopped. We'll talk about that topic later. But for now, this is about expanding New Territory. New territory in Iraq. They said Jordan bombed in Iraq. America bombed. >> Saudi Arabia joined. >> Yes, Saudi Arabia joined. New Method, New, uh, what is it? Weapons. Uh, these things. [inhales] >> Uh, it's analyzed why Saudi Arabia decided to jump in, even though they initially tried to stay out of it, Professor. >> It's about nuclear power. Uh, because America wants to sell nuclear power, but they've wanted nuclear technology for quite some time. For MBS, it's called a deterrent. It's to deter, not to use. Like Russia and America, or China. They all have it, so no one needs to use it, because if one person uses it, the whole world will be destroyed. But anyway, Kennedy disagreed with this to death a long time ago, in 1963. So, this might be a bargaining chip, right? Beyond the Accords, you want F-35, right? You want nuclear power, right? Uh, Israel also supports it. >> Uh, including the Red Sea as well, Professor? >> The Red Sea is >> Closing another point, making us lose opportunities. >> Iran said, "You close it. Houthis, you know. The next flight will go down to the Red Sea. Saudi oil tankers, which used to go from the Gulf of Aden to the Indian Ocean, supplying India, Japan, South Korea, China, and all of them, they go this way, right? Saudi Arabia has to go around the Suez Canal, around the Cape of Good Hope in Africa, 45 days. >> Imagine how much the cost increased. >> Right? Think about shipping costs, insurance, etc. 45 days is a very long time. >> Yes. >> So, the situation has become more heated. The Middle East is on fire again. >> Yes. Just a moment. There's this issue that Oman has proposed a plan to Saudi Arabia, saying they will divide the waters in the Strait of Hormuz into 3 parts: one bordering Iran, one bordering Oman, and the middle part will be international waters. And here, they won't collect money, but donations from those who use it. Like the Strait of Malacca, 3 countries, Malaysia, Indonesia, and Singapore. What do they do with the money? There's navigation, electronic systems, what weapons are where, what is where. Navigation services, right? And then 2. >> Because the other day, I saw a ship that just crashed into a submerged mine. It's very normal. It's only 39 kilometers wide there. And it's divided into 3 parts. Oman proposed it because within 60 days, they have to find a formula for what to do after 60 days. Right? But during the bombing, sorry, the 13 days of bombing, they said everywhere. And finally, there was a ceasefire. As I said, weapons are running out. But at the same time, Iran sees it and says, "Hey, after the bombing into Jordan, after 13 days, that was the reason America retaliated." Before the ceasefire, Iran said, "Look, Article 5 of the 14 points, we said we will enter this strait. And you created a new channel, right? America supported ships passing through the new channel near Oman." That's why they shot at the ship near Oman. Oil prices dropped. Now, the conclusion is that Oman proposed these 3 channels, and Iran refused. They said these 3 channels are not theirs. They should have 2.5 channels, leaving Oman with a little bit, because it must be a single channel for both entry and exit. Oman proposed entering from one side and exiting from the other, and dividing it. When they were bombed, Iran said, "No." And Trump said, "Hey, I'll be the Guardian Angel. I'll control the channel." It's because Iran has to shoot. And they said, "How can you be a Guardian Angel for 60 days? We have to control Iran." When the Guardian Angel asks for money, 20% of the price of goods. Suppose the price is 2 million barrels. Then 20% of 2 million barrels. That's many times higher than Iran thought, $1 per barrel. The world will become more expensive. Inflation will rise worldwide. So Iran doesn't agree. >> He went silent. >> He's thinking alone. The advisors don't know much. But this is the reason why Oman proposed it, and Iran refused, leading to the shooting in Jordan and Iraq. Iraq is a base of Iranian-backed militias. >> Iraq is already Shia. >> And it's even more chaotic. We know that the world currently has two war zones: Ukraine and the Middle East. It turns out that an Iranian ship was attacked by Ukraine in the Caspian Sea. Because Iran's territory is adjacent to the Caspian Sea. There are Kazakhstan, Kyrgyzstan, Azerbaijan, and Israel. Azerbaijan gets oil from there. Anyway, so this is one route for Iran to exit. Without relying on this exit, they can exit that way. Oh, Ukraine bombed it. It helped America. America saw it and called it a war with Iran. >> And they said that Iran's shooting in various places is because of technology, intelligence, to know exactly where to shoot. Russian and Chinese technology is superior to America's. So it's unbelievably entangled. >> It's expanding. >> Expanding. >> Many people are saying, "Oh, it's already expanded." >> Yes. >> Now, we'll have to keep an eye on what happens next. What will Trump do? There are reports, Professor, that the hawks like Netanyahu and Zelensky have >> gone to the US. >> Ah, with an excuse to attend a funeral. >> A funeral for someone he had to attend because Zelensky was the last person to meet with Lindsey Graham before he died. One day after that. I don't know if he died of sex or what. Anyway, because Lindsey Graham disliked Russia, and in fact, had several stances that differed from Trump. Trump wanted to deal with Russia. He said he would stop the war within 24 hours when he was competing with Trump. If I remember correctly, in 2000, what year was it, competing with Hillary? And Lindsey Graham lost the debate. He said, "Oh, Trump is not suitable to be a leader. He's unqualified. Bad." But when he was elected, he went to flatter him, played golf with him, and changed. His colors changed. And anyway, his stance on Russia remains the same. He doesn't trust Russia. Therefore, he must help Ukraine. This is why he went to Kyiv. And it turns out that Zelensky had to take this opportunity of the funeral to show off that "I bombed the Iranian ship." And he needs weapons from America. He went to the funeral of that Instagram person. And Netanyahu also took the opportunity to >> talk. >> talk. >> The media. >> The media. >> The media received information that he would try to persuade >> Trump to bomb Iran to smithereens. Because he is a super hawk, just like him. >> But later, he said, "Don't forget about the nuclear issue." He made an official statement about nuclear power. But actually, he wants them to continue bombing. And he separated Lebanon from the 14 points. >> Uh. >> Continue bombing. While it's in point 1 of the 14 points. Point 1 is about Lebanon, which Iran said must stop all fronts, stop fighting on all fronts. Anyway, let's go to the funeral. >> Uh. And at the funeral, there were many people, but President Bush was not there. >> Who is a big Republican. >> Yes. >> Right? >> And at the same time, Chuck Schumer was there, the Senate Majority Leader during Obama's and Biden's terms. It's considered that he had to attend this ceremony for a senior senator, a senator for many terms. And another person was a former astronaut, also a senator. Very few military personnel from the Democratic party. Otherwise, oh, it's a mess. >> Not many people associate with him. Professor, he's a hawk. A hawk. And he said to deal with Iran. He's a warmonger. >> Uh. And they even released a tape. Someone released the tape themselves. Because he had many writers who wrote with him. He's a big figure in the Senate. He said, "Oh, Trump loves it when they bomb Iran. He loves war. He himself loves it." >> Uh, uh. The atmosphere made it clear that Lindsey Graham wasn't very admired. >> Yes. And finally, his sister replaced him. In that system, if a senator dies or is incapacitated, the governor immediately appoints someone. >> Uh, so they appointed this person. Uh, who will run on November 3rd. But the vote is supposed to be lost because Lindsey Graham died. So the vote is gone. So his sister voted. Because Trump now wants to pass the law about the card that will be used when voting. It has to be a new ID card. Otherwise, the vote will be lost. But the lost vote is already 140 times. He didn't resign. This person was the former Senate Majority Leader. So, in the Senate, it's borderline that Democrats might come in, but the House is still Republican. >> Midterm elections, Democrats came in, but Democrats tripped themselves up. >> Uh. >> Democratic candidates, who were expected to win in many districts, Trump chose his own people. And the Senate candidates of the Republicans were very angry that Trump didn't choose them and chose others. Because they didn't choose them, they had previously joined the movement to block Trump's budget, to impeach Trump once. He remembers everything. >> So, the conclusion is >> The Democratic Senate candidates who are running, oh, they are all leading, but they tripped themselves up on sexual matters. Uh. >> Democratic citizens have problems with this. They have to announce their withdrawal. So it's bad because they were leading in the polls, and they have to change people. >> Personal behavior of Democratic citizens, they are flirtatious. [Laughter] >> Except for Republicans like Trump. [Clears throat] There's only this person. He's a Democrat and a Trump supporter all the time. Extremely flirtatious. >> Right? We'll have to wait and see in the next few months. >> Uh, so it's risky that in the midterm elections, uh, they might lose the House, lose the Senate. So that day, when we broadcast last week, Thursday, right? Thursday night in America, Friday morning for us, they had an urgent press conference. They called it a prime-time announcement. It was like a conversation, right, Professor? >> Talking to the people. A press conference. All media must broadcast it. >> It's like a special broadcast. And some media outlets broadcast it live. But let's look at the content. He said, "This election, uh, in America, I want to push for this ID card. It hasn't passed yet. The law is, these senators who don't want Trump, they won't vote for it. Anyway, he said there was election fraud. I was cheated in 2020 by Biden. And hey, he accused China. He showed evidence on screen. The evidence, the Department of Justice obtained it, that China interfered at that time, causing him to lose. He refused to concede. He didn't use the word "lose." He said I was cheated. And in this election, he's paving the way, or if he loses, he's not saying if he loses, but that it was rigged. So if he loses. >> It's because of rigging. >> Wow. >> And he accused China. >> Even though before, he actually accused Russia. Hillary accused Russia of losing because Russia helped Biden. Biden, no, not Trump. So he brought in China. >> But Trump accused China. >> Uh, that they sided with Biden. Wow. The State Department immediately announced, "We have nothing to do with it. It has nothing to do with the election. Whatever your system is, China is involved." >> Yes. >> But this is a big issue. We don't know yet if we'll see it in September. This accusation is very strong. And the evidence is flimsy. Because remember, when he lost, how many times did they count in Georgia, in some states where Trump said the votes were close, and he called the Governor of Georgia and said, "Can you find me 10,000 votes?" Wow, this matter went to court. The court declared all of it void because Trump sued that there was fraud. The machines cheated. The recording machines cheated. So he refused. >> So that's why there was the Capitol riot. >> Uh, yes. Because he didn't accept the election results. >> Didn't accept the election results. But at that time, China wasn't mentioned. It's only mentioned now. He said there must be evidence from the Department of Justice. National, uh, TV. >> Ah, now there are 3 media outlets that didn't broadcast live. >> They cut it off? Professor. Cut it off. >> They didn't go live on digital. They didn't broadcast on TV. Because most people watch TV, right? >> So they avoided him. >> He was very angry and said he would revoke the licenses of ABC, NBC. But he didn't revoke CNN because it broadcast immediately on digital. >> Oh. >> Because, actually, it's a very important blockade of American information. The Fifth Amendment says you cannot block information. Because citizens have the right to know everything from all sides. And if you bring in analysts to debate after the show, you can say, "This person is only speaking one-sidedly." >> The reason they didn't broadcast live. >> Because they knew beforehand that he would talk about this. This is party politics. It's not about unifying the country, right? You're attacking the Democrats. Hey, some of them are not neutral. The President didn't broadcast live on TV, but on digital. It's another medium. >> Uh. This is how the American media handles it. >> Let's look at the polls. >> Oh, they just came out. GOP and Pew Research. American Jews have changed their stance from last year. After the war on February 28th, and actually the 12-day war, and the events in Gaza, they disagree with what Trump did. Oh, it increased significantly, to two-thirds from last year. Both researches are consistent. >> Especially among Democrats, 80% disagree. Very high. >> But among Republicans, it's 60%, something like that. And the younger people, the more they are, 18-34, the more they disagree. They don't want Republicans. That's why he might lose. >> Uh. His approval rating has dropped significantly. >> Uh. And Jeffries is campaigning against Bibi. Bibi's approval rating has also dropped due to the war. >> They're paired up, Professor. >> Yes, both Gaza and Iran. They disagree because Americans have to die. Now there are 19, almost 20 people, soldiers. >> And now there's a lot of criticism about the economy, Professor. >> Oh, yes. >> Wow. >> Oh, many people point out that when the reciprocal tariff was on Liberation Day, April 2nd, the stock market dropped, right? It took a while to recover, 3 weeks or a month. [Clears throat] It recovered. And apparently, because there were negotiations, Trump backed down. >> Backed down, then the stock market went up, right? Because you extended it by another 90 days with China, for a year. But they negotiated many times. Each time, it fluctuated, making the stocks go up and down. Whenever he threatened, the stocks dropped. But at that time, there was no oil. >> Uh. No oil problem. >> No oil problem. Now there's a problem with oil prices. >> On both sides. Both the 301 tariffs. Uh. And 122, and 338. >> Oh, this makes goods expensive, and then expensive oil again, because it's not over yet. The strait, the war is not over yet. >> Yes. Plus, the latest Fed meeting, Professor. >> The latest Fed meeting, they didn't dare to touch interest rates. >> Uh. >> Uh, 5 times. >> So they didn't dare to raise them. >> Didn't dare to raise them. >> Uh. >> Not to lower them. >> Trump ordered them to lower interest rates. How can they lower them with such inflation? >> So, 5, 5 meetings, 3 meetings, 2 meetings for the new ones. Apparently, inflation is over 4%. This has been going on for 63 months, 5 years. It's over 2%. >> They set a standard. Thailand also has it at 2. It's been agreed upon for a long time worldwide. So it's still high. It can be lowered. Oil prices are skyrocketing. On the day Trump bombed, it went up to 101. This time, before that, it went up to 120. This latest bombing, again. Now it's going up again. It won't stop. >> Because of this, inflation cannot go down. And then there are new tariffs from Trump. We also got 301. Canada got 338, 50%. Oh, wow. This is different. The difference is that the Supreme Court said it was void because the people Trump appointed voted that it was unusable, violating the constitution. It's the power of Congress. That's over. He refused to return the money they collected from importers. >> So, those people are suing again. "Hey, why haven't I gotten my money back? You keep it. Don't return it, because I'll use other laws. You'll have to pay anyway." >> So, >> 338 for Canada, 50% as retaliation for discriminating against some American goods. They imposed tariffs. >> Uh. Because of this, America retaliated, saying, "Hey, cement from Canada, or wood, or mice, or sticky things, raise them." >> Uh. >> 50%. Using law 338 to retaliate for what they did to American goods. Another one is 122. That one expired last Friday, exactly 150 days, 5 months. That's about 15% on all goods in the country. Which is only for 150 days, so there's time to adjust. It's over. He announced 301, surpassing it on Thursday. 80 countries. >> Uh, we got 12.5%. >> 12.5%. We have to negotiate again, right? >> Yes. They said it's effective immediately. This is strange. 301 requires an investigation. Like we had before, the turtle incident, where they cut off the turtle's head because we caught shrimp. >> So, there must be an investigation first. >> Investigate and get results, then announce. It's effective immediately. And you're changing this. You're imposing it first. >> Yes, this is why it came with expensive oil. >> This will cut their points. >> So, every time he says negotiate, oil drops like a rock. It doesn't last long. Then he goes and buys cheap again. Now it's going up again. >> Because someone is manipulating it, Professor. >> Oh. A report has come out. Donald Trump Jr., his son, and Mr. Malik, a cryptocurrency company. And they bought gold, the stock market, and oil. [inhales] It's being manipulated. He got rich. Within 15 months, 2000%. Where else can you get such returns? >> Wow. >> Just him alone. >> How many other children? His trusts too. >> Uh. >> And he sometimes says, "Go buy now." He gives orders. If he loses in the midterm elections, if both houses are gone, he'll be in trouble. Because last time, he was impeached twice in the House, but lost in the Senate. This time, if they still control it, or if the votes are equal, then he can fight. >> Right? Now, let's go back to the Fed. After the decision came out, 9:3. >> 9 votes said to keep interest rates, but 3 votes dissented, saying to raise interest rates. There has never been such a dissent. And the governor himself voted. Kevin Wachs is among the 9. Which, here, he might have received orders, right? Told to lower interest rates. It can't be lowered. Inflation is so high. So he can only bend. >> Uh. >> Only bend. >> But the market immediately. [Laughter] The yield went up. 5.21 from 5.1. For 30 years. Because they guessed that eventually, money will be scarce, so the yield has to be high. And the 20-year bonds went up, the 10-year bonds went up. And the 2-year bonds haven't gone up much. The market is asking, "Can we trust the governor?" Meaning. >> Asking this question. >> Yes. And the chance that eventually, if inflation at 4% cannot be controlled, now that oil is so expensive. Oil prices are called cost-push. It's not that people want to buy goods and have money to buy them, and the prices of goods are not because of the cost of oil, right? And it can't be solved because you're still stuck with the strait, the oil. The war is still ongoing. >> Yes. So, at this point, it's possible that if inflation continues, the only way is to raise interest rates. But Kevin Wachs said raising interest rates is not the only solution. He knows that the war won't end, so goods will become expensive. He has set up 3, 5 committees to look at whether to use the old formula for calculating inflation or a new formula. For example, the PCE or CPI. They will change the people who collect data. They will even change the formula. And they have set it up, but it hasn't helped yet. The costs are high. So there's a tendency that in September, interest rates might have to be raised. Which means those 3 votes will increase. It will become more. It might flip. It might increase. >> Yes. >> So, they said to watch it drop again. >> Stocks dropped because oil prices went up. >> Uh. >> And there's a shortage of chips. The formula for chips, helium, and what else is coming out, is not enough. And production is not enough. >> Because the two straits are not just for oil. There are fertilizers, helium, plastics, and many other things. And colors, etc., are all affected. This is coming from. And now, the strategic reserves are gone. And AI chips are not enough. Oh, so many things are piling up. So Kevin Wachs is being questioned. "Hey, what are you going to do? Did you receive an order to lower interest rates now? It will swing to raising interest rates. Will you be in the minority? The 3 votes said to raise them soon. Is that it? But is there still credibility?" >> The market said, "Okay, let's do this first." The yield on the 30-year bond has already shot up. Now, many people say that the credibility, the independence of the central bank is important. That's why we have, what is it? Sala? Or in Thailand, we talk about what? The former governor, what is it? Sala? Because the credibility of the central bank is very important. Now, it turns out that Kevin Wachs responded to a question, confirming that he will be the Fed governor. The important part is the Senate Banking Committee. The Senate Banking Committee. He was asked about this independence. From Republicans too. Because everyone knows the mission he received. Now, it turns out that Elizabeth Warren, a famous senator, a finance professor at Harvard, said, "This must be asked. This is my litmus test. The 2020 election, where Trump lost, and they rallied in front of the Senate. Did Kevin Wachs think that election was rigged?" Answer me. >> Actually, it might seem unrelated, but it shows his stance. >> Yes. If he says it was rigged, it means he's on Trump's side. Now everyone is saying Trump won the election and was cheated. >> Apparently, he didn't answer. >> This is why it creates a lot of doubt. He couldn't answer that question. Why didn't he say "not rigged"? >> Uh. >> Biden won. The courts declared all of them void. The ones Trump sued. >> Uh. >> He didn't answer. >> Didn't answer. >> Oh, didn't answer. It means he answered, Professor. >> Uh. It means he answered. >> Because if someone adheres to principles, they win. They win like that. >> The bond yields went up immediately. >> Uh. It reflects that the market now lacks confidence. >> Yes. Including CM, which did a poll on whether interest rates will be raised in September. Because the market is now distrustful. With such inflation, you're still inactive. And it's been over 2% for 63 months. And you haven't touched anything. Did you receive an order? So, in September, the chance of interest rates rising is high. Which will make the momentum of the 9 votes increase. It might become more. >> Yes. Will the chairman be in the minority? He received the flag. Now, another interesting thing. Apparently, there's talk of releasing a clip. Professor. >> Oh, the clip. >> This is an internal problem for the Democrats. It will destroy the Democrats. It's related to secret tapes. You can't reveal them. It's illegal. >> Illegal. >> The Department of Justice released it. They said China rigged the election. See? That evidence is very bad. It's fabricated. But this time, they said that President Biden is the President of Obama. At that time, Biden was Vice President. The election was in 2020. Wait, what year? The election was in 2026. Uh, so he wants to be the party's representative. Mr. Biden. And then there are two things that STF received. One is about how he thinks he can fight Trump. He said he comes from the working class, his father, etc. >> He thought he would get. Oh, Obama chose Clinton. And in that secret tape, he said he was a student of mine. >> Obama was eating and arguing. >> And then Biden came and revealed himself in this tape. Because he wrote his biography. He had a ghostwriter. He talked to the ghostwriter, saying, "I found evidence. And I argued with Obama. In the end, Obama chose Hillary Clinton." >> Another thing is that he talked to the ghostwriter. He said, "Hey, I found evidence. Secret documents. And many pages. They were in the basement. And in the end, I confirmed it. I wrote a report to Obama, who was the President. I was his Vice President. I disagreed. Obama came in and he was going to increase troops in Afghanistan. Because to withdraw, you have to increase first. John McCain said, 'Oh, how can you say you're going to withdraw?' He sounded like Trump campaigning to stop the war. Obama also campaigned to stop the war in Afghanistan. He said he would do it, but we actually came in. Because many people said, 'If you say that, the soldiers will die.' So you have to have a way. >> Vietnam is like this. You have to increase first, then gradually withdraw. Biden increased. He disagreed. There are secret documents. They were in his basement. He said, "I wrote it. It's highly inadvisable." And he talked to the ghostwriter, saying, "I have evidence." And it's in his biography. He opposed Obama. There are two things he disagreed with. >> Ah, now Trump's Department of Justice released that secret tape. It seems to be a violation of something. We'll have to see. It will destroy the Democrats. It shows they are divided. >> And when he was Vice President, uh, [clears throat] he used to praise Obama. Before this, he said, "Obama promised me. I asked Obama the last question before I decided to be Obama's Vice President: I must know as much as you know. Vice Presidents didn't know anything before. Their job was to cut ribbons." >> Everything was revealed. CIA briefings, nothing. I must know as much as Obama. >> Uh. >> And he talked to the ghostwriter. He said, "I revealed it. But actually, Karaher later sued. He didn't know anything. [Laughter] He was abandoned. He had a role. See? And he decided slowly until he lost. So, he's trying to fix many things. But we'll have to see. This is destroying the Democratic Party, which is partly revenge for Trump, within the constitutional limits. But he's doing it. >> Yes. Ah, let's go a bit further. Let's finish with America. Trump recently announced he will ban new humanoid robots from China, saying they are at risk of espionage. Because the AI, the brains, etc., must use NVIDIA's Blackwell. And now they are forbidden to send them in. And they are forbidden to bring in humanoids. They say they will spy. They will go to data centers, know information. Those who export NVIDIA, they are crying. They are crying because they are losing a big market. [Laughter] And what about AI, not AI, but Meta, etc. They have protested, saying they should not be blocked. Because when we let them use large bases in China, it supports each other. They develop and upgrade. Now we are blocking them. They think they won't develop? They will move forward. Like chips, when they were banned, they developed their own. >> Uh, so, wow, they came to market. Oh, it's a mess. >> Yes. Because of this, they are losing the market. Money is not coming in. And Trump will sign it. How much will he ask for? 20% for everything. Can he ask for it? Your income. >> Uh. >> Collect every little bit. But this will make them move forward and develop. Instead of America upgrading, it will be replaced. Because the usage base is large, it can be upgraded. >> So, they will lose instead. Professor. Another issue to conclude today is the case of the cockroach movement. It's called a fake name. It's not a real party, but a meme created to tease the BJP. This CJP, right? [Laughter] >> These are medical students. >> But it escalated to the point where the Minister of Education resigned. But that person almost died. He went on a hunger strike, so he had to be rushed to the hospital. And then, apparently, these people, because he had been on a hunger strike for a month, the doctor started it in May. It's July, and it's ending. So people are getting bigger and bigger. Because 2 million people who took the exam that day, it's comparable to our 200,000 or 300,000. Local exams, etc. This exam was consolidated. Why was it consolidated? It was difficult. >> Because there was rigging, Professor. They took money, right? And then, apparently, these students, they are medical students, they are smart. They said the Minister of Education must resign. Why did you allow it to leak? There were no exams. You, Modi, went abroad. And the person with the nickname "Cockroach" comes from the Chief Justice. Fortunately, our Supreme Court doesn't have anything like this. >> Uh, it came out like a tech site, Professor. They criticized and said, "You people who are protesting, you are unemployed. You are cockroaches." >> They said, "Hey, we are cockroaches." [Laughter] >> They dressed up as cockroaches. Students who want to study medicine. 20 people committed suicide because they had to prepare for the exam. They didn't have to get into medical school. 20 people is inequality. >> Yes. And the exam preparation is very difficult. And suddenly they said, "Hey, let's start over." >> So, all hope was lost. Nothing was punished. In the end, he went on a hunger strike. That person was sent to the hospital. And the rest of them said, "Let's march to Parliament." They went. Modi agreed. Agreed to the Minister's resignation. This is a very important supporter of Modi. And what will happen to the issue of corruption? Political people have all gathered now, Professor. >> And this time, the people who were arrested while walking. Oh, they beat the police with batons. British police, Indian police, and Sri Lankan police have the same style. >> Use batons. >> Uh. We don't have that yet, but we use guns. >> The other day, remember that girl? >> So, they were taken to prison. They marched and said, "Release them all." They were released. Later, they were arrested again. They were taken for questioning again. They said, "If these people are not released, we will march again." >> Oh, wow. It's catching on now. So, the current situation is >> Gen Z in India, Southeast Asia, all like this. >> Yes. >> Ah, Professor. Nepal. >> Indonesia too. And be careful. Ours, if something happens, like a rigged exam, corruption, people can't stand it. Don't be complacent. Many countries can't stand it. In Indonesia, remember what happened? Those who sent food. Oh, many countries. >> Yes. If there is inequality, injustice, >> protecting their own people, corruption, and it doesn't lead to better development, no justice, they can't stand it. Medical students, 20. And they asked for compensation for those who committed suicide. They are disappointed. >> Yes, disappointed because they dedicated their lives, Professor. Because they hoped for a fair exam and could advance. >> Yes. And they don't take local civil service exams like us. But ours is worse. Because once you become a civil servant, you have to serve the public. Instead, you protect corrupt politicians. That's why our country is a mess. There are crazy civil servants like this who get in because they have to pay. They never care about the public. >> Uh. This is an example from India. Our time on the program is up. We have to say goodbye. See you next week. Goodbye.