China vs Taiwan - What Will Happen if China Invades?
Valuetainment
Valuetainment Episodes
4.8 • 1.7K Ratings
🗓️ 19 October 2023
⏱️ 15 minutes
🧾️ Download transcript
Summary
Patrick Bet-David explains the volatile situation between China and Taiwan. What would happen if China invaded? Why is China building fake islands right now? Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://www.masterworks.art/valuetainment Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. See important Masterworks disclosures: https://www.masterworks.com/cd Connect With Experts On Minnect: https://bit.ly/3M0c2an Want to get clear on your next 5 business moves? https://bit.ly/3PWkUyW Get Expert Business Advice With Bet-David Consulting: https://bit.ly/3RTBxOn Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N Visit our website: http://vt.com/ Text: PODCAST to 310.340.1132 to get the latest updates in real-time! Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller Your Next Five Moves
Transcript
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| 0:00.0 | So why do Elon Musk, Ray Dahl, and multiple four star generals say China is going to be |
| 0:04.0 | invading Taiwan in no time? But if you look at the numbers, it all makes sense why they will, |
| 0:09.1 | or more importantly, need to because they actually need what Taiwan has to offer. So anyways, |
| 0:13.7 | let's set that part aside. When you think about US and import export, you think about Panama Canal. |
| 0:19.5 | When you think about what's important to Europe, you think about Suez Canal. But when you think |
| 0:23.6 | about China, Philippines, Malaysia, India, you would think about the state of Malacca. So the reason |
| 0:29.5 | why this is so important to China is because just a few years ago, every day China would ship, |
| 0:33.6 | would come and move and dump three and a half acres of sand every day just to build land. So they |
| 0:40.7 | can say it's their island, which turned into the nine-dash line to protect them, to say that |
| 0:46.9 | is our territory because that entire area is filled with many US allies. So God forbid, if they all |
| 0:52.3 | unified against China, China would be in a lot of trouble. Why? Here's some data for you. 5.3 trillion |
| 0:58.0 | dollars trade is passing through the South China Sea every year, more than 60 percent of global |
| 1:03.1 | maritime trade and more than 22 percent of total global trade passes through this water body. |
| 1:08.6 | 1.3 of the global shipping passes through the sea every year. Over 60 percent of its trade |
| 1:14.3 | and value traveling by sea, more than half of the world's fishing vessels are in the South China Sea. |
| 1:20.5 | And the same exact region has also thought to contain oil reserve of at least 7.7 billion barrels. |
| 1:26.0 | Some even say 213 billion barrels. If that is true, that would be the equivalent of about 80 percent |
| 1:31.7 | of the oil reserves of Saudi Arabia. And last but not least, one Chinese estimates that the entire |
| 1:37.2 | South China Sea estimates natural gas reserves to be two quadrillion cubic feet. Quadrillion is one |
| 1:44.7 | more than a trillion. So when you look at that, China looks at this entire area. He says, guys, we |
| 1:48.8 | got to figure something out here. We cannot give this thing up. We need all of this stuff for many |
| 1:52.6 | different reasons. This is why many believe that China will eventually invade Taiwan. We're |
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