
David Oualaalou examines Biden's visit to Vietnam and whether the U.S. is using the country to counter China. The analysis covers semiconductor supply chains, rare-earth minerals, potential arms deals, and Vietnam's balancing act between historical ties to China and new U.S. partnerships.
Chapters
Hello everyone and welcome to Geopolitical Trends. So excited to be with you on this Saturday here. So I got an exciting topic as a follow-up to my video that I released this morning regarding Vietnam. Straightforward, is Vietnam being tricked or fooled by the US to side against China? This is what I'm going to be tackling here, provide you with my assessments and, uh, just to share some understanding about geopolitically speaking where things might be heading out in that part of the world. But before I do this, like I always extend my sincere thanks to the channel supporters, members, and viewers, you. And if this is your first time here, please make sure to subscribe. I will greatly appreciate it. So I have few announcements briefly to make here. Uh, next Tuesday I will be doing, uh, the weekly, uh, health discussion with Dr. Stewart. So next week on Tuesday is going to be on the 19th, 100 hours, uh, that's when it's going to be. And the topic will be about stress and anxiety. So, uh, this is for if you are interested in learning about this one, and I'm going to share the link with you just for you to be aware of that channel. It's something to learn about. Oh, Osiris, there is my man! Thank you so much for your support, Osiris. I can't thank you enough. I truly, truly appreciate it. And I want you to know, I don't take your support or any other members of the channel here for granted. I just want you guys to— all of you to know this. I don't take it for granted, so I'm very grateful. Thank you so much, uh, Osiris. I truly appreciate it. Uh, my next announcement has to do with the course. Uh, uh, I launched a government course on Tuesday, as a matter of fact. Oh, that reminds me, I have to move now the live on Monday, uh, because on Tuesday I will be doing the first chapter of the government course that I am going to be teaching live, and I will be live, uh, you know, through Zoom. That's when I'm gonna be doing it. Um, that's about it. So let's dive in into our topic. So I'm gonna be covering today, we'll be talking about, like I always, I start with the questions just to get you thinking and to, to see where the trends are headed. By having President Biden, President Biden, that is after the, the closure of the, or conclusion rather, of the G20 went directly to Vietnam, didn't go to any other country but to Vietnam. So is Vietnam being fooled here? So, and, and of course I'm going to share with you whatever the info I have, and you reach your own conclusion. The second question we need to ask is, hypothetically, will Vietnam side with China or will it side with the United States? Okay, and the third question which will have to be tied to what Vietnam does is how that's going to impact Laos and Cambodia. Because you cannot think, oh, just gonna be Vietnam by itself. If you look at the map, which I will share with you, the geography of Vietnam to put this in perspective. So, but like I said, President Biden went over to Hanoi, Vietnam, that is for a special visit, with the visit in itself, which now the Chinese are looking at it as a way of raising the specter of a new Cold War in that part of the world, playing out in entire Southeast Asia. You know, are we looking at a spectrum of a Cold War? What do you guys think? Yes, there is the rivalry between just China and the United States. But if you look at history, it was the same thing before, the rivalry between the Soviet Union and the United States, and yet it poured into a Cold War. Are we looking at the same outcome here? And this is why, at least the Chinese Foreign Ministry spokesperson Mao Ning advised Washington by saying, and I quote here because I found the quote, I had to read up Washington should disregard its hegemonic and Cold War mentality, end of quote. Was the Chinese Foreign Minister spokesperson right on this? What do you guys think? So now, before I'll move forward, like I always say, it is very important to understand that the history, the history and geography, and I'm gonna provide just a brief assessment, a brief, uh, narrative on both of them. So let's start with Geography first, and I'm gonna leave it here for you guys, uh, to see as I cover a few things to put in a— in, in perspective here. So, uh, Vietnam, so located in Southeast Asia, you know, on the east side of the Indochina Peninsula. So, and it is bordered by Laos and Cambodia. That is the reason why I said what I said at the beginning, because you can't— this, for whomever thinks that you can dissociate Laos and Cambodia. I was in Cambodia a few years ago, and, and most of the conversation was about if I am to go north, yeah, you would be right there near, uh, going into, uh, Vietnam at that time, and so forth. So, and there is this understanding of the culture in that part of the world, which mainly sort of tied to China somehow. So, and we will see why, uh, China, uh, so the borders, as I said, Vietnam bordered by Laos and Cambodia to the west, by China to the north, the Gulf of Thailand to the south, and of course can't forget the Gulf of Tonkin and the South China Sea to the east. So it makes Vietnam a very, very strategic, uh, location-wise. So, so Vietnam is long and thin with an area of 331,000 square kilometers. So, and we're not gonna worry much about all this, uh, uh, except to understand that Vietnam shares, for example, the boundaries with Cambodia, which is a long border, about 1,200 kilometers. It shares also long border with China, uh, about the same, 1,281 to be exact kilometers, and a long border with Laos, about 21 100 kilometers, give or take. So all this, the total of the borders, uh, reach about 46 or 4,639 kilometers, give or take. So of course, Vietnam's coastline along on the Gulf of Tonkin, which we all know the history of the Gulf of Tonkin, what happened there. Then the South China Sea and the Gulf of Thailand, which measures about 3,400 kilometers. So, and, uh, uh, so of course the Vietnamese— and there's very important distinctions here— the Vietnamese refer to the South China Sea as the East Sea. So I know there have been some, uh, uh, negotiations between Vietnam and China regarding South China Sea. Some of it has been resolved, some of it has not. So they are still talking about it as we speak. Vietnam is considered the 66th largest country in the world. And there's one thing that I found very interesting learning about its geography, has to do with elevation. Well, here's the thing, uh, uh, uh, Vietnam has two elevations, one of the highest point, one of the lowest point. Well, the lowest point, guess what, is at 0 meters, and that's the South China Sea. The highest point, on the other hand, has about 3,144 meters, which is at Phong Si Pan. I hope I pronounced it correctly. So this is what's important about the geography of, uh, Vietnam. There's another map here that I found, but the first one mainly shares the exact sort of with more description into that. Now, the history of Vietnam is very important to understand, and this is why— because it went through certain eras in its history. So I'm going to briefly talk about this one. So North Vietnam, for about over almost a millennia— for over about a millennia, North Vietnam was ruled by China. Yeah, don't be surprised there. So, and as a result, Vietnam adopted China's political and education system. This is why, at least you are noticing in Laos and Cambodia, they are more leaning towards China. Vietnam now makes you question as to the president, why President Biden went there, went there. You know, to me it was a strategic move, a calculated trip, that is. And I will share more as I move forward. So, and, and why is this important, this influence of China inside Vietnam way back? That was because of the Confucius. Yeah, Confucianism, because that was part of what was going on in, in Vietnam at that time. So after the Chinese were driven out back then, uh, uh, by none other than Lê Thái Tô, it became the first emperor of the country and moved the capital to to Hanoi. That's when it became, uh, uh, and that's still to today in Hanoi. You see a statue or monument for that. Now there is an important period of history that you need to know about, which is between 1802 and 1945. I don't know— AD, that is. So, so before French colonialism, because remember, French presence was always there same like in Cambodia. Vietnam was ruled by a succession of warring clans until 19— I'm sorry, till 1776, which marks, of course, the independence of the United States. So power was wrested from Nguyen family. Nguyen is spelled N-G-U-Y-E-N. Nguyen. That's, that's the pronunciation that I got, uh, by checking out some sources. So the only surviving member, his name was Anh, it's A-N-H, fled the country at that time. So, and following Anh's departure, the capital, Huu, along with much of the rest of the country, came under the control of three brothers from the Tay Son So their army soon overthrew the, the Tran Lords in the north, and each brother claimed a portion of the country to rule. So now China saw this power shift as an opportunity to regain control, uh, and once again take over Vietnam. And the Chinese were soundly defeated You know, however, during the Battle of Dong Da in 1788 and 1789, that was the time when it was, you know, and we're forced to retreat. So for the first time in history, for over 200 years, okay, North and South Vietnam became united as one country. Now you move to the period of 1887 1954. What happened there? That was the French colonial period for there. So, and this, uh, uh, French occupation was largely negative for the Vietnamese people, and there were a few, I would say, few positive changes according to historical records. So mainly primary schools were opened, uh, and after its foundation in 1902 the University of Hanoi became the key institution of learning, uh, at, at that time. So then you think about, uh, the First Indochina War, 1950— 1946 and 1954. So that after the fall of France after World War— during World War II, Japanese rule slowly replaced the French government in Indochina. Looks like Japan did a lot of damage in the area, in many countries, if I may say so. So resistance by the Vietnamese to both regimes was led by none other than Ho Chi Minh. You know, he was the head of the Communist Party then. And in 1945, Vietnam declared its independence officially. This, however, was not the last of Vietnam's foreign occupation, and true independence has yet to be won. For 9 years of guerrilla war was carried against France, finally ending in 1954 after the Battle of Dien Bien Phu. So then an agreement, of course, after that was reached, officially ending the war which was signed. And once again, Vietnam was divided, this time into Communist North and Catholic-controlled South. Then comes, of course, the, the, the major one, the Vietnam War, 1955 to 1975. Of course, this is why I'm wondering, when President Biden went over to Vietnam, how did Vietnam people felt? Because there is no way they could forget. Of course, the young generation Not, not they're not going to know. They're going to know what happened with the loss of 3 million Vietnamese and what we did in Vietnam with the atrocities committed and the testing of weapons and so forth. So 1959, the North led by Kampuchea to liberate the South, fighting resumed, of course. And of course, thousands were displaced and killed. Well, disliking the, the, the North was pro-communist at the time ideology. The US and other foreign countries began sending troops to combat what it saw as communist expansion. Of course, that entered into the era of the Cold War. This is why I asked the question at the beginning: are we going to be looking at another front Cold War in that part of the world, based on the statement by the Foreign Ministry of China? And in the ensuing years, approximately 1.5 million troops and civilians died from causes directly or indirectly related to the fighting. And in 1975, following years of protest and decline, even here in the US— in the US, that's where the support sort of the civilian American citizens were against Vietnam War— for foreign fighters finally left the country. That led to another period in the history of Vietnam known as the reunification. Almost immediately after the foreign withdrawal, troops from the north pushed their way into Saigon, and the name of the southern capital was soon changed to Ho Chi Minh City. Over the next few years after that, tens of thousands of anti-communist dissidents or dissidents, yes, fled the country. And it will not be till about 1980s or so, uh, that Vietnam will truly begin its recovery. That's, uh, so today, of course, the, the peaceful yet busy cities of Vietnam, because Vietnam is moving, seeing a little bit more in, into what it is. And this is why, uh, and I have a link here for you guys that I need you to— or I need to share with you. As far as, okay, where do we see this is moving? No. And why the US sees Vietnam as crucial in its strategy to contain China? Don't tell me that the US went to Vietnam because they care for Vietnam. There is no such thing in international relations. Geopolitics is all about national interests. That's name of the game. And there are two main things. Why President Biden went there. One of them has to do the boosting the cooperation, of course, on specific commodities in economics, mainly chips. And the second one has to do with access to rare earth minerals. And I will tell you why that is. Oh, sorry, let me, uh, move this one out. Then I'll share one more picture here that's part of the history of, uh,— pardon me— of Vietnam. So this is what's very important to understand. So the two main things is the, uh, the chips, because now we are, as I said in the video, uh, the policy we approach, uh, by sort of blocking certain export of chips or forcing other countries not to allow, uh, uh, sale of their, uh, technol— their, uh, uh, either equipments, chip equipments and so forth to China. Now it's backfiring on us. You have companies right in US now are, are struggling because they don't have access to certain aspects of— and this is what Biden, President Biden, Uncle Joe, won over to, uh, Vietnam. So But what I found very interesting before I move forward, and here is one thing that you won't hear much, even though it was published in the US media, I had to dig into the historical records. That's why sometimes it takes me time to find. And what I found was it was a call inside Congress by a member of Congress at that time. Guess what? To resend the US military to Vietnam. And the title says, and I'm going to share it with you, the US military should return to Vietnam. I was disturbing when I found that out. And by the way, it was published in, in, in 2021, which only a few years ago. As a matter of fact, that's where I found that picture, which I give the credit, the picture, to the Associated French Press, or Foreign Press, that is. So So, uh, let me share the link with you because you need to take a look at this later on if you like to, uh, read it. Or I'm gonna post it for you in the description later so I can keep moving, uh, with the conversation here. So, so what was disturbing about this? What was disturbing about it? It's, first of all, it was recommended by none other than Charles Kong Ju. Now, this individual, which I have his picture because he was a member of Congress— so when you are a member of Congress, it's public record. I'm going to share his picture here for you. So this is the, the individual who used to be at that time, uh, he's an American politician who served as US Representative for Hawaii 1st Congressional District, and he served from 2010 to 2011. Okay, recently— or not say recently— 2022, he was appointed by President Biden, uh, as, uh, the Secretary of the American Battle Monuments Commission. So whatever that means anyway. So, uh, and this is why it's very important to understand, uh, of course it was disturbing to find out that he was calling for the, uh, uh, redeployment of American troops into Vietnam. Don't tell me that Vietnamese forgot what happened in their country, what has been committed over there, how many have died, uh, the, the, the, the type of chemicals, biological weapons we tried, and because it was a testing ground You know, and yet this guy had the nerve to even suggest something like this. And by the way, digging even further, I found out that, uh, uh, because he served also as, uh, uh, the House Armed Services Committee, uh, because he was a lieutenant colonel, and he was another person who was supporting this article by none other than Matthew Powell. Who is the— was the commander or is the commander of the US Navy. That is very problematic in my opinion. But, but again, we're not going to focus too much on that because we have to look at the big picture. And again, I am not going to get into the detail here as far as the protocol for Biden's visit, whatever. I'm going to focus on the key stuff, then we move on with that. So, so here is the key that I need you to get out of all this. The United States and Vietnam been upgraded, the relationship been upgraded to the highest diplomatic level. That's very crucial. One thing also you need to understand that we have in this upgrade, we have included a security dimension, and the security dimension, by the way, has not been disclosed as to what it entails. All it says, and this is according to John Piner, Who is the US principal deputy of National Security Advisor? UK. Well, if you are including the security dimension, what are we talking about? Basically, they're saying this but keeping everybody in the dark. Now, this is why I say, are Vietnamese politicians aware what are they getting into, or are they just playing the game along knowing that, yeah, that's the US, how can we trust them? This is very important for you to understand. What the— what this Deputy National Security Advisor said is that, that no arms, no arms deals were announced at this stage. That's very crucial for you to understand. But he did mention that the US and its partners— here's the key— could offer Vietnam help to diversify away from Russian military supplies. Why is this important? Is because Vietnam is a client of Russia. Russia is already in talks, has been in talks for months with Vietnam about, about certain armaments deals. But the problem Vietnam has now, that if they want to hit with the purchase of weapons from Russia, we will slap sanctions on them. So they are like caught between a rock and a hard place, that is. So, and another reason to why, because we want them to reduce their dependence on Russian military supplies. Now, the key aspects for us to understand There are two main aspects beside this military and all that for us, the reason why Biden end up going there. The two main one, as I mentioned, chips, microchips that is, and rare earth. So, so here is what happened in this ceremony of elevating Vietnam into the highest diplomatic status and so forth. There's a bilateral deal, trade between, uh, uh, and investments, as a matter of fact, between both Vietnam and the, uh, the United States. This is regarding the, uh, uh, chip trade between the two. There is another one also, because— and this is where I'm starting to wonder which direction Vietnam is going, because here is the thing. Vietnam already signed and agreed— and is ex— I'm sorry, didn't sign, expected to sign a deal about purchasing aircraft from Boeing, okay, to buy about 50 Boeing from the United States. So if Vietnam is having a good economic relationships with China Did the United States pressure Vietnam not to buy the Chinese aircraft, the C919, which is brand new, just came out on the markets, and China can, can cut a deal with Vietnam at a cheaper price? So that's one, because this deal that Vietnam is expected to sign with Boeing will be worth about $10 billion. Mark my word, though, if they would have bought the planes from China, they probably would be half the price. That's just my, my thinking. So could this has to do with the trip? Then you think about the US technology, uh, or technological companies, they are struggling. You're looking at Google to Intel to Amcor to Marvel to GlobalFoundries, you know, all of it, to Boeing, including all of them were expected to meet with Vietnamese tech executives. That was what was expected on this. And all of this is aimed at one thing, and one thing only, is to secure access to Vietnamese market, but also to drive a wedge between Vietnam and China economically. So, because still semiconductors are at the centerpiece of all this. Any, any action that we embark on, because now we found that the policy we embarked on against China for barring, uh, uh, barring the, uh, the microchips is now backfiring on us. So, as a matter of fact, the US told, uh, Vietnam that, by the way, We do have $100 million a year for 5 years available under what we call the CHIPS Act, which one— this one support, uh, uh, that was signed by Congress to allocate $100 million to support semiconductor chip companies, you know, by which the US told Vietnam, oh, we'll be happy to give you a portion of that. Well, I'm gonna say trust Biden, whatever he says, at your own peril. So this is why I'm wondering, uh, are Vietnamese being fooled? The politicians? I don't know. I can't say exactly what it is. And by the way, I had one of my viewers share something with you, and I'm gonna share it with you guys because I did request his permission., whether to do that or not. But, uh, I'm assuming that would be okay, but I can't disclose the name because I don't have the— so what I wrote was, he or she wrote that, and I quote, China was once had a strategic diplomatic partner of US. It's the same thing for Vietnam now. If a push comes to shove, Vietnam will do what China did. It's only an economic partner and not a military partnership. No, Vietnam will side with Russia even though Vietnam says it's neutral. So, and, and the individual, uh, continued to say, I have asked many Vietnamese living in Vietnam about Russia and they say the same thing. Vietnam will never forget or will turn on Russia for what Russia have done for Vietnam during the war. Why you think Putin doesn't need to talk to the president of Vietnam? Unspoken loyalty, end of quote. Spot on, it is spot on. So that's what I found very, very interesting about, uh, this dynamic. So, and, and thank you very much for this, uh, uh, supporter of the channel who wrote this one and share it with us all. Now the other aspect we need to understand besides the microchip or chips is the rare earth mineral. Why is this important? It's because again the US and now having a hard time having access to rare earth minerals, because remember rare earth minerals, one of them is dominated by China, Australia of course, but, uh, uh what's the word I'm looking for, uh, logistics makes it very challenging. The other place around the world has to do with Africa. Do you think Africa will allow the West now after what just took place in Niger? You know, because they said enough of Western dominance, of colonialism, of imperialism, and the squandering of our resources. And as you know, Africa is very rich in rare earth minerals. So, well, here's the thing about Vietnam that I want you to understand. Vietnam, yeah, has the world's largest deposits after China. And this one, according to US estimates, uh, this one I'll have to put a question mark on. I don't believe this. I won't trust it. Do you know why? Because Australia has massive rare earth minerals there. They do have massive amount. So why the United States didn't say the largest deposits after Australia but highlighted China is now to instill that kind of thinking, is to sort of, uh, uh, what's the word I'm looking for, to manipulate the masses thinking Oh, I mean, don't get me wrong, China does have access to a lot of rare earth. They control massive amounts. This is also due to their relationship with African countries because they have access to rare earth minerals. And if you know, even the phone you are using requires rare earth mineral. I remember I did a video for you guys about rare earth minerals that, uh, one of the companies has reached out to me to do an analysis. Speaking of that, before I forget, be on the lookout tomorrow for an analysis. It's promotional video, but it's an analysis about, uh, some minor— oh, it's a major, I'm sorry, rare earth commodity. I don't want to spoil it for you, but just be on the lookout for that tomorrow. So this is the reason why. So instead of saying Australia, they say in China. So And this is why, uh, President Biden had to highlight this aspect with them. But this is why I don't buy this. And again, this is my personal opinion. There were no details. The US didn't provide any details because here is the thing, a historical record, and I usually dig through things to find out. What I did find out is that Past attempts by the United States companies to partner with Vietnam rare earth firms have not succeeded. They have not. So what makes you think that this time it's going to work? This is what I'm saying, and there is a reason why I put the title 'Is Vietnam Being Fooled?' That's the way I see it. No, of course The US didn't, uh, miss the opportunity to highlight human rights violations in Vietnam. Yeah, believe it or not, you know. And especially when US officials criticized Hanoi— listen to this carefully— for jailing activists and limiting freedom of expression. How convenient when we do have censorship right here. We are going to other countries dictating the terms to them. Oh, you have to allow freedom of expression. That's just like what just happened yesterday in Canada. I think they had a, uh, some meeting of Congress member of their Congress, Parliament, whatever, and all of a sudden the law enforcement's coming hard on the protesters who were protesting peacefully because they were expressing their opinions by putting placards about how the dictatorial style of Justin Trudeau, the tyranny. And yet they are coming down hard on this protest. So where is the freedom of expression? It's no different than it's— but US didn't miss opportunity to criticize Vietnam for this. So, and, uh So they ask— now they, the United States, ask Vietnam that they need to release those activists. No, it's their country, it's Vietnam. They'll decide whatever they want to do. That's like for us. Do you hear now Vietnam coming to us and say to Americans, hey, you shouldn't have censorship? Because that's what we have. So how can we go dictate to other countries and not the other way around? And let me, as I said again, I'm going to put all the links for you in the description. So, but here is what I found, one article, and I'm gonna post it for you again, guys. What I found, an article, the way it was titled, you know how it was titled? Listen carefully. Biden, and I quote, Biden denies improved ties with China. Uh, I'm sorry, Biden denied Improve Ties with China's Adversary is Meant to Contain Beijing. Who can tell me what's wrong with that title? Yeah, maybe I want to trigger your, your, your thinking here. What is wrong with that title? And I'm gonna share the link with you right here, then I'll post it for you guys later. All right, let me share this with you so you'll see it. And tell me what's wrong with that title. Can you guys see it? Okay. Why it's not showing right there. All right, who can tell me what's wrong with that title? And I know sometimes it takes a while, uh, okay, Jack. The question is, uh, uh, it was an article came up here and it says Biden, as you see on the screen, denies, denies improved Ties with China's Adversary is Meant to Contain Benjim. That's one boom, double speak. Yeah, but there is a keyword there I'm looking for. You, adversary, you are correct. Adversaries. So why the heck is the title using the word— you're absolutely correct, Benjim— why they using the term China's adversaries rather than just saying against China or whatever. Because what made them think that Vietnam is an adversary of China? And the purpose of this is to mislead the people's thinking. This is why I'm seeing— I am looking at articles from a host of countries in that part. Indonesia, to start with, Malaysia, Philippines, I'm looking New Zealand. I am looking at how the wording of those articles, and they are meant to really manipulate, because even in academia you still can manipulate people if you just word it linguistically, you word it certain ways. And that's what I found very disturbing about this article, which I will, uh, share with you, uh, or put in the description. Oh, TNT, let me— TNT, thank you so much for your super sticker. You wrote, containing China is possible. Are in China's— most engineers in the US are also Chinese origin. You are absolutely correct, and I remember sharing one, uh, post from my tweet how much China produces engineers based on STEM on a yearly basis in comparison to the United States. So thank you so much, TNT, truly, truly appreciate it. So, and this is where part of where that problem is. So the wording sometimes does create some sort of, uh, it's like an average person who might not understand the, the tricks of linguistics might fall into that for something like, oh No, this is normal. No, no, it's not normal. It's meant to deviate the, the, uh, what's the word, the masses, to move them into one direction or another. That is why, uh, they sort of— how a title can capture sort of the, the, uh, the attention of individuals when in reality It just— it's meant to deviate people from getting to really what's at the heart of the matter is. So this is what I see the challenge with, with, with this one here. So, so this is where I believe this Vietnam now is gonna have to really decide as to what they want moving forward. So, so I'll go back to my original question. Are you, just based on what I share with you and what you're reading out there and the US movements in that part of the world, are you seeing the emergence of a new Cold War there? What do you think? So this is very important. I'm trying to locate one of my, uh, one of my Twitter that show that this exact numbers, uh, uh, about, uh, the STEM students, the science, engineering, uh, technology, and mathematics. So, and I couldn't find it yet, but that's because I get so many, so I don't remember So which one it is, but it's okay. At least, uh, I mean, the, the difference— the bottom line to it, the difference was substantial between, uh, the, the, the two. So very, very, very, very, very substantial. And that's what triggered my attention into what this can be. And yet we don't hear much about this one, uh, uh, sort of right here in comparison to what's taking place on the ground. So, uh, I'll try one more time just in case, but I doubt it I will find it. So, so anyway, let's move on because, uh, we're gonna have to go. So now, if, if they're thinking that Biden had to— President Biden had to talk with the Vietnamese about semiconductors, do you think iPhone is gonna go to— or Apple, I'm sorry— is gonna go to Vietnam? No, because one reason, because Vietnam does not have enough engineers inside the country to manage that. That, that's, that's simple as it is. Nothing against Vietnam, it's just Vietnam is not, uh, it's getting there as far as the infrastructure. Vietnam today is not Vietnam from 30 years ago. It, it certainly improved. Uh, I mean, I know people in Vietnam and I talk to some I've been close by in Cambodia, but I never been. Uh, so the idea of thinking, oh, all of a sudden Biden talk to Vietnamese, that means most of the tech companies— well, we all know iPhone, or Apple that is, left India. They're not gonna go to Vietnam instead. No, because Vietnam does not have the infrastructure it needed to. So where are they gonna end up? So they have only the other option is China. So, and, and this is where that challenge is going to be. How they're going to manage that, it's, it's remain to be seen. So anyway, guys, I'll take one question if you have any. And by the way, once we reach 100 members on the channel, so please, uh, if, if you want to become either channel supporters or a member, I will greatly appreciate your support that way. And if this is your first time, please make sure to subscribe. I would greatly appreciate it. That's, that's— I don't know how else to say it to you because that's the only way I can ask you for your support. So I would, I would greatly appreciate it. So, so let me take a question from— I have one in front of me here from Jack. So, uh, Jack wrote, and I quote, the US old 1970s idea of containment of China via Vietnam using economic sanctions and military means. Cambodia and Vietnam going to be proxies between East and West like, like in the past. Yeah, but this is only, Jack, if they move into that direction. I don't see them in the right mind they will be doing that because that will be suicide, putting themselves in a— this is why I use the term Vietnam dancing between Two giants, you know, the US and— yeah, they are one of you guys. One of the comments was, well, Dr. O, they don't need two giants, there's only one in China. I see your point and you're absolutely correct, you know, but I had to highlight it through that title that this is now— this really dance of the Cold War, then whomever is gonna cut in the middle They're going to be impacted one way or another. And I am concerned that if Vietnam is going that direction, it's not going to bode well. Because remember, as part of ASEAN, ASEAN already saying, well, we want to stay neutral. But can you see Philippines staying neutral? It's a challenge at this point. Now, You're hearing about what's going on in Indonesia, Malaysia to a degree, and now Vietnam. Of course, for Laos and Cambodia, they made it clear they are staying on the side of China, you know. And I'm not saying this out of fear, no, it's because some countries do not want to be caught in the middle between, because that's what it will be, this Cold War about. This is why Singapore As I shared with you yesterday, the statement by the president is to highlight we are aware of what lies ahead, but we prefer to remain neutral. Vietnam's gonna have to be very careful how it proceeds because Australia is gone, Japan and South Korea, as I always say, is gone. Vietnam, uh Philippines, I consider it going into that direction. New Zealand, we have to wait till next month and see what the outcome. So for now, yes, that's what it was back in the '70s, you know, the height of the Cold War. During that era, it pulled the world into two bilateral— because that was the world sort of bipolar at that time. We don't have, and we are not going to have that. So even coming out of Washington, the politicians who keep repeating this word of, oh, the Cold War— no, they are mistaken because we're looking at a multipolar system here, not a bipolar. And this is how I see it. Like I said many, many, many times, the new multipolar system will be based on economic blocks. So countries in the region is going to have to think about their economic prosperity and well-being. Use Australia as a case in point. Talk to Aussies inside the country. And you all remember when I had the conversation here on this channel with Robbie, uh, uh, uh, Warwick, you know, someone I trust. You know, Robbie is, is He's the head of the, uh, uh, Citizen Party, somebody that I believe deserve to be the PM because he cares for his country and he's not willing to play that game. And he did break down exactly what the conditions are in Australia. And why is that? Because economics. And this is what countries in Asia will have to really think hard moving forward. So yes, Vietnam, possibly they might sign that deal for 50, 50 aircraft from Boeing. It's just verbal for now, nothing is confirmed, but it just to me doesn't make any sense. Are they doing it just to please the Americans? I don't know, I am not there to know exactly for sure, but common sense suggests to me why pay $10 billion when you could pay $5 billion and use the $5 other billion for some other projects. So, so anyway, guys, I hope you find this very informative. I'm gonna have to go do some gardening because the fall is coming, and you have to— I have to plant the stuff for the fall because I don't eat food from outside. I don't like it, and from health reasons. That's the reason why I did the health channel. Make sure to check it out, guys, uh, because we'll be talking about key topics there. I appreciate your support. I appreciate you. If this is your first time subscribing to this channel, and be on the lookout for tomorrow for that video. It's promotional video, but it's an analysis. I spend time digging into that information to put a cohesive, uh, analysis for you because I won't want to waste your time and I don't want to waste mine. So, and by the way, it was, uh, an individual through a company with a billionaire that reached out, which was to me an honor to have a billionaire that I am under his radar per se. I must say something right for, for him to reach out through third party and so forth. So in any event, I wish you a good weekend and be safe, and I look forward to seeing you next time. As always, remember, geopolitics impacts your daily life in more ways than one. Till next time, bye-bye.
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