Current Time 0:00
Duration -:-
Loaded: 0%
Stream Type LIVE
Remaining Time -:-
 
1x
  • Chapters
  • descriptions off, selected
  • captions off, selected
    To access this clip without audiomarks, please purchase it, or upgrade your account.
           
    Date
    Summary
    Danielle DiMartino Booth Appears on FBN’s ‘Making Money with Charles Payne’ To Discuss China (clip)
    Source
    Fox Business Network

    Name: Fox Business Network

    URL: http://www.foxbusiness.com/index.html

    Show
    Making Money with Charles Payne

    Name: Making Money with Charles Payne

    URL: http://www.foxbusiness.com/shows/making-money.html

    Persons
    Danielle DiMartino Booth

    Name: Danielle DiMartino Booth

    Employment: Money Strong, LLC

    Position: President

    Event
    Event location
    Link
    Original recording
    Uploaded
    11/13/2018 11:36 am
    Owner
    Member deleted, inactive, or not public
    Type
    Audio
    Format
    MP3 Use clipper to adjust file type
    Duration
    0:05:39
    Views
    0
    Purchases
    0
    Transcript
    RUSH TRANSCRIPT Visit findyourindependentadvisor ░░░░░░░░ Neil Chinese authorities Charles ░░░░░░░░ is being used by ░░░░░░░░ in China about how ░░░░░░░░ this technology would go ░░░░░░░░ how deep will this ░░░░░░░░ brother thing go in ░░░░░░░░ country Joining me to ░░░░░░░░ Wall Street Journal Jillian ░░░░░░░░ cheer Danielle Dimartino booth ░░░░░░░░ back with us as ░░░░░░░░ They have a lot ░░░░░░░░ different programs in place ░░░░░░░░ thing they have is ░░░░░░░░ social credit system It ░░░░░░░░ t allow you to ░░░░░░░░ a bad citizen will ░░░░░░░░ into place 2020 They ░░░░░░░░ generated 7 million punishments ░░░░░░░░ red about this scary ░░░░░░░░ a long time but ░░░░░░░░ is coming into existence ░░░░░░░░ is new totalitarianism Put ░░░░░░░░ in the historical context ░░░░░░░░ imagine what this would ░░░░░░░░ used under Lenin or ░░░░░░░░ The trajectory of human ░░░░░░░░ in China is going ░░░░░░░░ other way He is ░░░░░░░░ plays out of Mao ░░░░░░░░ playbook This is time ░░░░░░░░ American leadership F we ░░░░░░░░ not concerned about human ░░░░░░░░ and freedom I think ░░░░░░░░ trajectory is going the ░░░░░░░░ way Charles Danielle the ░░░░░░░░ would rate trustworthiness Imagine ░░░░░░░░ Chinese citizens what you ░░░░░░░░ how you spend your ░░░░░░░░ if you jaywalk if ░░░░░░░░ smoke on the train ░░░░░░░░ you criticize the government ░░░░░░░░ family or friends Oh ░░░░░░░░ will track what apps ░░░░░░░░ re on on your ░░░░░░░░ It is big brother ░░░░░░░░ large if you think ░░░░░░░░ the steps that Venezuela ░░░░░░░░ and China are taking ░░░░░░░░ implement their own cryptocurrencies ░░░░░░░░ 2020 I suspect they ░░░░░░░░ be able to track ░░░░░░░░ citizens every economic move ░░░░░░░░ mean the disparagement of ░░░░░░░░ freedom of personal liberty ░░░░░░░░ when you think China ░░░░░░░░ so strong and clamps ░░░░░░░░ so much if there ░░░░░░░░ an economic slowdown coming ░░░░░░░░ re going to have ░░░░░░░░ maintain social order F ░░░░░░░░ re using the technology ░░░░░░░░ do it it scares ░░░░░░░░ even more Charles There ░░░░░░░░ a bigger macro battle ░░░░░░░░ democracies and totalitarianism which ░░░░░░░░ gaining popularity around the ░░░░░░░░ some countries are voting ░░░░░░░░ in democratically Yeah Again ░░░░░░░░ will come back to ░░░░░░░░ point This is why ░░░░░░░░ leadership is so important ░░░░░░░░ re seeing this in ░░░░░░░░ be ruled out particularly ░░░░░░░░ religious minorities In a ░░░░░░░░ targeting muslims weaker muslims ░░░░░░░░ re seeing this used ░░░░░░░░ Christians in many cases ░░░░░░░░ is an opportunity for ░░░░░░░░ U S To show ░░░░░░░░ Charles What can we ░░░░░░░░ to slow it down ░░░░░░░░ curb it What could ░░░░░░░░ do as a nation ░░░░░░░░ I mean I think ░░░░░░░░ Trump Administration is had ░░░░░░░░ with sanctions I think ░░░░░░░░ this up saying the ░░░░░░░░ of people who are ░░░░░░░░ persecuted bringing up dissidents ░░░░░░░░ this an issue along ░░░░░░░░ our economic success because ░░░░░░░░ is something that really ░░░░░░░░ Charles Sure Free countries ░░░░░░░░ more likely to be ░░░░░░░░ countries Charles Listen I ░░░░░░░░ as we re in ░░░░░░░░ middle of this trade ░░░░░░░░ this should be a ░░░░░░░░ consideration Not just opening ░░░░░░░░ markets but making sure ░░░░░░░░ don t arrest a ░░░░░░░░ people because they re ░░░░░░░░ put them in concentration ░░░░░░░░ I don t know ░░░░░░░░ really want to do ░░░░░░░░ with a country like ░░░░░░░░ course we don t ░░░░░░░░ to do business with ░░░░░░░░ country like that if ░░░░░░░░ saw the latest trade ░░░░░░░░ figures China is 55 ░░░░░░░░ the trade deficit That ░░░░░░░░ the biggest portion on ░░░░░░░░ To me it will ░░░░░░░░ both sides in the ░░░░░░░░ war battle dig their ░░░░░░░░ in ahead of the ░░░░░░░░ at the end of ░░░░░░░░ month We know China ░░░░░░░░ reeling Manufacturing sector at ░░░░░░░░ level since 2011 I ░░░░░░░░ worried when their economy ░░░░░░░░ because it makes their ░░░░░░░░ more desperate to control ░░░░░░░░ people Charles Do you ░░░░░░░░ with that Absolutely For ░░░░░░░░ long time China had ░░░░░░░░ compact with the Chinese ░░░░░░░░ we give you economic ░░░░░░░░ we get your political ░░░░░░░░ Charles That is when ░░░░░░░░ faustian deal comes home ░░░░░░░░ roost Yes carry stuff ░░░░░░░░ study the fend monetary ░░░░░░░░ and trends How do ░░░░░░░░ adjust for this There ░░░░░░░░ potempkin cities goes sits ░░░░░░░░ towns So many lies ░░░░░░░░ put out day to ░░░░░░░░ If they re beating ░░░░░░░░ on their people actually ░░░░░░░░ away their freedoms and ░░░░░░░░ how could you ever ░░░░░░░░ measure their economy It ░░░░░░░░ difficult to do Some ░░░░░░░░ on the ground come ░░░░░░░░ with their own independent ░░░░░░░░ that actually show how ░░░░░░░░ the economy is slowing ░░░░░░░░ now The Chinese the ░░░░░░░░ leadership has been hoping ░░░░░░░░ years now that they ░░░░░░░░ be able to move ░░░░░░░░ towards ironically more American ░░░░░░░░ of economy domestic led ░░░░░░░░ If they can t ░░░░░░░░ that corner while manufacturing ░░░░░░░░ slowing again my greatest ░░░░░░░░ they will use their ░░░░░░░░ as one of their ░░░░░░░░ remaining pieces of ammunition ░░░░░░░░ can t go after ░░░░░░░░ treasury They would lose ░░░░░░░░ of dollars Charles Real ░░░░░░░░ Jillian before we go ░░░░░░░░ signs you think some ░░░░░░░░ we may have to ░░░░░░░░ with these issues I ░░░░░░░░ some day we may ░░░░░░░░ to this degree but ░░░░░░░░ looks enticing to people ░░░░░░░░ re creeped out a ░░░░░░░░ bit what Facebook and ░░░░░░░░ can do The U ░░░░░░░░ Needs a presence on ░░░░░░░░ world stage This isn ░░░░░░░░ just China Beijing will ░░░░░░░░ this technology Charles Right ░░░░░░░░ thank you both very ░░░░░░░░ Great conversation To a ░░░░░░░░ topic folks a gunman ░░░░░░░░ 12 people in a ░░░░░░░░ rampage in a California ░░░░░░░░ It was packed with ░░░░░░░░ students Before taking his ░░░░░░░░ life last night Investigators ░░░░░░░░ identified the shooter as ░░░░░░░░ year old marine veteran ░░░░░░░░ David long They said ░░░░░░░░ suffered from posttraumatic stress ░░░░░░░░ Long opened fire outside ░░░░░░░░ Thousand Oaks bar shooting ░░░░░░░░ security guard before going ░░░░░░░░ Although along those killed ░░░░░░░░ county officer Ron helus ░░░░░░░░ was a year away ░░░░░░░░ retirement He responded to ░░░░░░░░ chaos Before he rushed ░░░░░░░░ the scene he called ░░░░░░░░ wife He said hon ░░░░░░░░ got to go I ░░░░░░░░ you I got to ░░░░░░░░ on a call We ░░░░░░░░ be right back.
    To view this clip's transcript, log into your Grabien account.