Welcome back to the Tom Bilyeu Show Live, where Tom and Ryan break down the world's biggest stories, the policy fights nobody wants to have honestly, and the technological shifts quietly rewriting the next decade. With Drew out sick, Ryan steps in to dig into Trump's high-stakes Beijing summit — 17 of America's most powerful CEOs in tow, rare earth metals on the table, Boeing chasing a 500-jet deal, and Xi Jinping playing the long game from a position of patient strength.

The conversation expands into the Cold War 2.0 reality unfolding on US soil, as the mayor of Arcadia, California admits to acting as a foreign agent of China — and Tom unpacks why this is likely the tip of a much deeper iceberg involving farmland purchases, property near military bases, and influence operations the US has been slow to confront. From there, Tom delivers a brutal real-talk audit of Mamdani's balanced New York City budget, the Pieta Terror tax, and why the Nordic model everyone keeps invoking hasn't actually existed in Sweden for decades — using a deep economic breakdown of how Sweden quietly became one of the most capitalist countries in Europe, with more billionaires per capita than America.

Then things get spicy: AI is coming for female-dominated white-collar jobs first, men are quietly migrating into the trades and data center construction, and Tom argues the unexpected force creating a new wave of "trad wives" won't be religion — it'll be ChatGPT. Plus: real-life Gundam mechs in Japan, why social safety nets don't scale past 100 million people, the Thucydides Trap looming over US-China relations, post-WWII tax rates and the myth of the 90% bracket, and a sharp closing exchange between Tom and Ryan on ambition, hormones, and whether women "wearing the pants" and women being highly capable are actually the same conversation.

If you want geopolitics without the cable news spin, economics without the bumper sticker slogans, and a host willing to praise his political opposite when they get something right — this episode delivers honesty, history, and the kind of clarity that's getting harder to find.

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