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The James Altucher Show

Are we really at risk of entering a World War 3!? | Brandon Webb

The James Altucher Show

James Altucher

Society & Culture, Talk Radio, Writer, Philosophy, Comedy, Chess, How To, Entrepreneurship, Jay, James, The James Altucher Show, Altucher, Author, Jay Yow, Education, Jay The Engineer, Business, James Altucher

4.62.7K Ratings

🗓️ 8 October 2024

⏱️ 33 minutes

🧾️ Download transcript

Summary

In this episode, I engage in a detailed discussion on various geopolitical issues, reflecting my optimism even in challenging times. We revisit historical events such as the Great Recession and 9/11 and discuss the current global situation involving tensions between nations, particularly the roles of the U.S., Israel, Iran, Russia, and China in the context of emerging proxy wars. I express concerns about the potential for World War III, influenced by proxy conflicts and the global arms trade.

Transcript

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0:00.0

This isn't your average business podcast and he's not your average host.

0:08.0

This is the James Altature Show. I'm a real optimistic person. I remember in the depths of the Great Recession in 2008, 2009, I was, I would go on

0:25.3

NBC and I was just super optimistic and see NBC was almost disgusted with me

0:29.7

that I was so optimistic. That's how optimistic I was because everyone else was saying

0:33.3

capitalism is dead and after 9-11 was really you know I lived about three blocks from the

0:40.8

World Trade Center I had breakfast at the World Trade Center that

0:43.6

morning and of course it was very horrible for many many people there much

0:48.7

more horrible than anything I experienced but at the same time out of that, even though it just seemed like the worst

0:56.2

thing in the world, there were still reasons for hope.

0:59.2

Like America had come together and don't forget, we were in the middle of a bare market then it

1:04.8

was the dot-com bust and now there was this terrorism on US soil there were a

1:09.2

lot of reasons to be depressed and in fact the market itself didn't recover for another almost year and a half

1:14.9

after 9-11 and I lost my home during this point because I didn't yet know anything

1:21.1

about investing or trading and just made a lot of bad decisions and

1:25.4

but I still had hope that when the dust settled things would get better and I was very excited

1:31.5

about my own opportunities and right now we're in a situation

1:36.2

where it's pretty scary because I don't know what it is like right now we're in

1:40.8

more wars than ever and they're all proxy wars it's not like oh the US

1:45.2

declares war on so and so and so now we're at war like as much as I hate the war against

1:51.1

Afghanistan and the war in Iraq The US was fighting for something. But right now these are all

1:56.6

proxy wars. So you know US involvement in Ukraine and Israel versus Hamas and Hezbollah.

2:04.3

This is all about, you know, obviously Russia and China

...

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