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The John Batchelor Show

102: SHOW 11-18-25 CBS EYE ON THE WORLD WITH JOHN BATCHELOR THE SHOW BEGINS IN THE DOUBTS ABOUT GAZA. FIRST HOUR 9-915 Liz Peek Liz Peek discusses the "AI bubble," noting the Magnificent Seven stocks are priced to perfection amidst concerns that massiv

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 19 November 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary


SHOW 
11-18-25
CBS EYE ON THE WORLD WITH JOHN BATCHELOR
1894 "THE ANGEL OF THE REVOLUTION"
THE SHOW BEGINS IN THE DOUBTS ABOUT GAZA.



FIRST HOUR

9-915

Liz Peek
Liz Peek discusses the "AI bubble," noting the Magnificent Seven stocks are priced to perfection amidst concerns that massive investments may not yield adequate returns, observes that although the market is "risk off" the US economy seems "okay" according to data points, and expresses alarm about New York Mayor-Elect Mamdani, a socialist without management expertise who is surrounding himself with ideologues, including Hassan Sheheryar, his transition director, who is "clearly anti-Semitic" and anti-Israel, raising significant concerns for the city.E
915-930
CONTINUED


930-945
Judy Dempsey
Judy Dempsey addresses the rising costs and future decline of the global cocoa crop, linking it to transcontinental climate change caused by Amazon deforestation, criticizes the EU and NATO for reacting too slowly and lacking strategic vision concerning the Ukraine war and defense, notes European military infrastructure is inadequate for rapid deployment forcing reliance on ships instead of trains, and observes that while the Russian threat is understood by most member states, political fumbling in Germany is allowing the anti-NATO, pro-Russia AfD party to gain significant ground.



945-1000
Gregory Copley
Gregory Copley discusses the US military presence off Venezuela, noting President Trump seeks a negotiated outcome with Maduro to avoid long-term intervention, covers Mohammed bin Salman's influence in the Abraham Accords and the challenge posed by Turkey-backed Hamas, analyzes the symbolic rail sabotage in Poland questioning Russian involvement, and addresses the declining viability of NATO's Article 5 and the potential for King Charles III to intervene in UK political chaos.





SECOND HOUR

10-1015

Charles Burton
Charles Burton discusses his book, The Beaver and the Dragon, illustrating China's fundamental untrustworthiness and statistical manipulation, which has intensified under centralized leadership, noting Canada's past cooperation with China's National Bureau of Statistics (NBS) failed as officials often falsely reported data, and despite historical deception and security risks, there is a push in Canada to increase trade with China to offset trade issues with the United States, with Burton cautioning that trusting the Chinese Communist Party has always "gone badly wrong."

1015-1030

CONTINUED.

1030-1045

Jonathan Schanzer
Jonathan Schanzer discusses Crown Prince Mohammed bin Salman (MBS), calling him a deeply flawed but essential leader driving Saudi modernization and normalization with Israel, with a "pathway to a Palestinian state" as the current diplomatic objective, emphasizing that resolving the Gaza situation and achieving broader peace hinges on eliminating Hamas, while the region faces long-term challenges from Iran and Turkey, the latter complicating Israel's security operations in chaotic Syria, with the UN endorsement of the Trump 20-point plan for Gaza reconstruction considered a landmark win.

1045-1100
CONTINUED
CONTINUED KING CHARLES
THIRD HOUR

1100-1115
Gregory Copley
Gregory Copley discusses the US military presence off Venezuela, noting President Trump seeks a negotiated outcome with Maduro to avoid long-term intervention, covers Mohammed bin Salman's influence in the Abraham Accords and the challenge posed by Turkey-backed Hamas, analyzes the symbolic rail sabotage in Poland questioning Russian involvement, and addresses the declining viability of NATO's Article 5 and the potential for King Charles III to intervene in UK political chaos.



1115-1130
CONTINUED MBS

1130-1145
CONTINUED KING CHARLES
1145-1200
CONTINUED

FOURTH HOUR

12-1215


Mary Kissel
Mary Kissel addresses three foreign policy dilemmas: regarding Venezuela, the US military buildup is seen as leverage to force dialogue with Maduro following a successful playbook used against North Korea; in Europe, she notes a dichotomy between committed Eastern European states and "weaker lazier" Western powers regarding support for Ukraine; and the China dilemma involves whether to treat Beijing as a legitimate trading partner or an enemy narco-terrorist state responsible for exporting fentanyl precursors, with Kissel suggesting current US policy is confused and benefits the CCP.

1215-1230




1230-1245
oseph Sternberg
Joseph Sternberg analyzes the BBC political bias scandal, which is significant because the BBC is "omnipresent" and arranges the "mental furniture for British society," noting the BBC, funded largely by a mandatory license fee, faced allegations ranging from deceptive editing of President Trump's remarks to the Arabic service pushing Hamas propaganda potentially fueling anti-Semitism, while domestically discussing the UK Labour Party's dilemma over controversial immigration policies to control illegal channel crossings, a crisis that has strengthened Nigel Farage's Reform party.


1245-100 AM

Transcript

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0:00.0

Good evening. The show begins tonight, a conversation with Elizabeth Peake about the markets, global markets, U.S. markets.

0:08.6

The fourth quarter is the hesitation also, the time to account for how you did, selling, transforming your portfolio into something futuristic or safer. Risk on risk off is what Liz and I talk about. It's an old standard on Wall Street. Risk off means don't take any chances. Sell what you've got. Take your winners. Get out of the bad of the losers. Risk on is the exciting part. We call it also a bull run. We've been on one for some time.

0:40.6

It peaked about mid-October, which is a little slow. Usually it comes the end of September,

0:46.9

but it will work its way through. The gamblers will leave, and they'll come back when the

0:53.7

market's bull running again. And the short-termers will leave, and they'll come back when the market's both running again,

0:55.8

and the short-termers will fade away because they bought in high.

1:00.6

You're up 25% and now you're up 16. Who's sympathetic?

1:04.9

Now we go to Europe, where Judy Dempsey in Berlin is most concerned with the fact that Europe cannot work together

1:12.1

and anything meaningful.

1:13.3

Like the incident in the Polish rail line where dynamite was used to destroy the track, easily fixed,

1:20.1

I'm told, but still pointing fingers at Ukrainians who fled into Belarus,

1:27.4

meaning we're supposed to interpret this negatively.

1:30.7

Russia did it.

1:31.6

Maybe.

1:32.6

I also talked to Gregory Hopley and he says very carefully, who benefits from sacrificing a rail line that was fixed in hours?

1:42.0

Who benefits?

1:43.4

Not Russia, because it's blamed. Not Poland because it's always

1:49.0

looking for an excuse to cross that line and whack at Russia. Ukraine gains if there's a continuing

1:56.0

enmity in Europe. It's a question. On to the big questions of China. I talked to Charles Burton,

2:04.8

big feature piece in the Financial Times about China's unreliable statistics for years from the

2:11.9

beginning. Apparently in the 90s I learned from the F.T. invited the National Bureau of Statistics

2:17.5

from Canada to come in and teach them how to give

...

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