Also in this playlist...
This transcript is automatically generated
Welcome back in my time a personal political memoir by area.
So very feisty calls it like it is you can agree or disagree but there's generally very little -- -- Dick Cheney stands at a particular issue.
Or even a line of questioning that He simply doesn't want to address.
I'm back with me now they -- former vice president -- The things I noticed that it is.
Ground zero this year vice president vs ten years ago looking Afghan.
Is the world had more money than the united states -- more money.
No institutes of wage whatever battles we had a raids.
22 dig ourselves out figuratively and literally.
Now we've got it it seems the whole world running out of cash fast running huge deficits -- stats and say that Chinese.
It's it's facts and that -- does.
Did you cause I think.
Ambassador John -- -- -- -- tomorrow -- the next real terror.
Because our coffers -- -- Make -- I don't know I'd have to think about it before I came to that conclusion I think.
The way I think about it is that separate apart from the terror threat.
That we have steadily increased.
The percentage of our economy that has controlled by the government.
Know the number quoted earlier -- 25% of our gross domestic product.
And that's the highest it's ever been since -- forward to.
When you've got more and more of our national wealth tied up in government programs and entitlement programs and so forth.
Here a situation.
Where the private sector is stretched for resources doesn't have the money to invest.
Where is unwilling to invest in order to weren't willing to challenge those who do of them right you do you think that plays a part in how we kinda.
Look the other way with China.
I don't know like it is China's mission proposition they obviously are -- a very dynamic economy they've been very successful in that regard.
-- I don't have a lot of confidence at this stage in my ability to predict exactly where they're gonna end up.
Clearly major competition for us on the other hand our economies -- -- -- open.
We -- to some extent depend upon our ability to compete -- cooperate with one another.
But you know I had Donald Trump you're not so long.
And He was saying it's that in a -- part that we forget.
That the Chinese He said -- -- need us more than we need them and that rule he's sort accounts talents of and then if He ever became president.
Take care yes well.
The -- -- no question but what our market is enormously important.
On the other hand it's also true that.
Their ability to produce.
Services an awful lot of the US market in a way that we find acceptable were willing to pay for.
And it's a police field below decent reasonably -- what we're afraid because -- -- so much of our debt we don't want it to come off.
Well I I think if they can't afford to have us -- They do hold a lot of fewest dead.
But they don't have that many places you have -- -- best chance and they want to spread their wings and it's all talk no I don't think it's all talk I think.
Where it is is there's.
They they've both of us have a mutual interest in making it -- as we go forward we address some.
Filter by section