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Listening to Unlimited

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Hangout on your host Whitney

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Webb. This past week in the US

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we saw the return of the Clinton

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Global Initiative the Mike

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Bloomberg back UN Climate Action

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Race to Zero resilience forum in

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the Prince William sponsored

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Earth shot prize Innovation

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Summit. All of these events

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focus considerable attention on

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solutions to climate change and

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can be seen as part of the

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preparations for cop 27. The

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UN's upcoming climate confab set

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to be held in Egypt this

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November. Central to these

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conferences and the discussions

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there is the 2030 Agenda for

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Sustainable Development. The

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core of that agenda are 17

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Sustainable Development Goals or

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SDGs. While the SDGs are often

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brought up in the context of

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climate change, examination of

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the goals make it clear that

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climate is a relatively small

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focus of this agenda, and is

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only expressly addressed by just

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one of the 17 goals. The goal is

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touch every aspect of our lives

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from the macro to the micro,

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from the distant to the

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intimate, and there promises

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more about transforming our

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lives unnecessarily making them

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more quote unquote sustainable.

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Another thing that becomes

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quickly apparent when examining

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the SDGs is that their most

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ardent supporters are those who

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ostensibly have the largest

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carbon footprints in the world,

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and who also represent the most

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predatory institutions and

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private finance in the corporate

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world. Do these figures now care

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deeply about the state of our

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planet? Or is their professed

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concern a cover for business as

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usual? With me today to discuss

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this and more as Ian Davis Ian

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is no stranger to this podcast

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and he is also the co author of

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the unlimited hangout

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sustainable slavery series,

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which he is where he and I are

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examining the deeper realities

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behind agenda 2030 and its 17

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SDGs. Ian is a regular

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contributor to UK column as well

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as unlimited hangout and he is

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regularly republished by off

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Guardian, The Corbett Report and

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many other outlets you can

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follow and support his work at

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iaindavis.com. That's

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iaindavis.com. Thanks for

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joining me today Iain. How are

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you? I'm very well. Thank you,

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Whitney. Thanks very much for

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having me. Absolutely. My

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pleasure. And who else would I

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have? Since we're writing a

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series on this very topic

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together? It makes the most

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logical sense. Good point. Good

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point. Right. So as I mentioned

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earlier, our series on this is

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called Sustainable slavery. We

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currently have two installments

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out. One is called sustainable

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debt slavery. And the most

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recent one is a Ian's piece on

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UHC. 2030, the United Nations

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Global Public Private

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Partnership for Health Care,

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which is focused around

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sustainable development goal

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three, and I'll be having an

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upcoming one. On the SDG. I

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think it's number 11. or No, I,

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I haven't written down

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somewhere. I think it's, oh, let

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me find it. It's 14, sorry.

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There's 17 of them. So I've got

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first dibs on seven. Okay, all

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right, well, we'll work that out

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when we're not recording a

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podcast on it. But anyway, we

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have two installments up. Now we

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have more upcoming in the

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future, obviously. And there is

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a lot to cover here. Since

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there's 17 of these things. So

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climate starting, you know,

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really from this past week, and

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through the next coming months

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in the lead up to cop 27, we can

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expect a lot of bombardment

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about the necessity and urgency

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with which the world must

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implement the Sustainable

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Development Goals. As I

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mentioned in the intro, these

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goals are basically about

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transforming all aspects of our

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lives. And they sound like very

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nice things, if you just read

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the, you know, one sentence or,

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you know, phrase descriptor for

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each of them, you know, things

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like no poverty, Zero Hunger,

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good health, and well being.

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These are all things that people

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can get behind. But the thing

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is, when you actually, for

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example, go to the UN website,

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they will, you know, have

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graphics of each goal and you

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mouse over it, it tells you a

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little more about what the goals

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are. So you know, sustainable

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development, goal three, which

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you wrote about recently in you

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mouse over, it says, ensure

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healthy lives and promote

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wellbeing for all at all ages.

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And below it it says 13 targets

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18 events, 35 publications and

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978 actions. And so basically,

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you know, we're having these,

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you know, phrases that everyone

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can get behind that really are

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written so that no one can, you

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know, really oppose the idea

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that they're promoting. But

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there's specific actions going

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on behind those phrases that a

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lot of people are not looking

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at, ostensibly because it sounds

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nice, so why would you oppose

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it? And in the case of SDG,

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three, which we'll talk about in

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a little bit, the organization

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that's really lurking behind

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that is

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called UHC 2030. And it really

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doesn't have very much to do

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with promoting wellbeing for all

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at all ages unless the all

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you're talking about there is

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all massive multinational

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pharmaceutical corporations. But

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you know, we'll get to that in a

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little bit. But more or less,

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that's essentially how these

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SDGs operate when you start to

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look behind them. So the first

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installment of our series

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sustainable debt slavery, I

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guess, then we were basically

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focusing focusing there on

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sustainable development goals.

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17, which is basically they call

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it partnerships for the goals.

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And if you, you know, mouseover,

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and read the slightly longer

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descriptor, it says, strengthen

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the means of implementation, and

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revitalize the Global

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Partnership for Sustainable

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Development. And of course, as

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we know, in this article, that

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global partnership is a global

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public private partnership. So

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this is definitely something

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right out of the playbook of

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stakeholder capitalism. And it

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has a lot of implications for

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monetary policy, and our friends

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at GE fans, the Glasgow

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financial alliance for net zero,

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so I've kind of gone off a bit

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here. So it's probably best I

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hand it over to you and to

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basically explain what SDG 17 is

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about what is going What is this

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global public private

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partnership really mean here?

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And why does it matter? Yeah,

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thanks for me. Yeah, I mean, I

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agree with you. You're quite

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right, right. I mean, the

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opening sort of part of or

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perhaps one of the key parts to

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understand SDG 17.

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Is that it's, it's it says that

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the the focus of it is to

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enhance, and this is a quote, so

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enhance the Global Partnership

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for Sustainable Development

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complemented by multi

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stakeholder partnerships. So the

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idea of the multi stakeholder

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partnership is key to and I

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think it's important to

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understand SDG 17, because it

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more or less sets out the

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framework for how the other 16

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Sustainable Development Goals

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SDGs

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will be implemented. So they're

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all implemented using or based

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upon that same that notion of

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the multi stakeholder

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partnership. But therefore, it's

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important to understand what the

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multi stakeholder partnership

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is, or the the multi stakeholder

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partnership goes back to, as you

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said, the idea of the first one,

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not first, but first

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popularized, certainly in first

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push by Klaus Schwab, the head

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of the World Economic Forum, way

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back in the way back in the

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1970s, but also in his book,

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which I think it was published

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much later, I think, in the 90s.

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Yeah, so. So he I mean, he

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enunciate it fully in his book

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stakeholder capitalism.

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And he, the idea of the

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stakeholder on the face of it

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again, as much as the same with

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the SDGs is UN Sustainable

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development is that when you

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read the headline,

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and that's something that I

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would encourage people to

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consider when they look at SDGs.

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Because if you go to the UN's

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website, and look at their their

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primary pages for the

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sustainable development, I think

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it's important to remember that

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what you are being shown there

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is the headline, you're not

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being it's unless you dig deeper

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into them, you're not going to

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understand what they're about,

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because that's tantamount to

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reading the headline of an

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article and not reading the

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content.

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Or,

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you know, it's it's it, you

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nearly really need to understand

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this stuff to know where it's

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heading. And as I said, this

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idea of stakeholder capitalism

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is at the center of it. So

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initially, it was presented by

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Chris Schwab and others as the

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idea of a more responsible form

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of corporate governance and

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governance within the

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corporation that is, so the idea

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is that corporations could quote

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add value by being more

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responsible partners in society.

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And you know, there was there

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was a kind of an admission to a

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certain extent within that, you

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00:09:30,210 --> 00:09:33,180
know, corporate activity is very

287
00:09:33,180 --> 00:09:36,090
influential, and even some kind

288
00:09:36,090 --> 00:09:38,550
of risk acceptance of, you know,

289
00:09:38,550 --> 00:09:40,380
a minimum amount of culpability

290
00:09:40,380 --> 00:09:42,690
for some of the damages that

291
00:09:42,960 --> 00:09:44,430
corporations of course with

292
00:09:44,430 --> 00:09:45,840
their business activities over

293
00:09:45,840 --> 00:09:48,630
the years. So, on the face of

294
00:09:48,630 --> 00:09:51,540
it, it sounded quite cowardly.

295
00:09:52,260 --> 00:09:54,900
But the but the problem is, is

296
00:09:54,930 --> 00:09:56,790
what they are suggesting is the

297
00:09:56,790 --> 00:09:59,160
core set that the center of

298
00:09:59,160 --> 00:09:59,970
stakeholder can

299
00:10:00,000 --> 00:10:02,550
journalism, which is that they

300
00:10:02,550 --> 00:10:04,770
are proposing that this is

301
00:10:04,800 --> 00:10:06,300
again, coming from Klaus Schwab,

302
00:10:06,300 --> 00:10:07,590
that the world would be a better

303
00:10:07,590 --> 00:10:09,600
place if multinational

304
00:10:09,600 --> 00:10:11,910
corporations are the, quote,

305
00:10:12,270 --> 00:10:15,600
Trustees of society. Well, what

306
00:10:15,600 --> 00:10:17,910
does that mean? Well, a trustee

307
00:10:17,910 --> 00:10:20,430
is got a very specific meaning

308
00:10:20,460 --> 00:10:22,770
in law as a specific meaning. So

309
00:10:22,770 --> 00:10:24,900
it's a person appointed. And

310
00:10:24,900 --> 00:10:26,100
this is the legal definition

311
00:10:26,100 --> 00:10:28,350
from Black's Law Dictionary, a

312
00:10:28,350 --> 00:10:30,330
person appointed or required by

313
00:10:30,330 --> 00:10:33,600
law to execute a trust, one in

314
00:10:33,600 --> 00:10:35,430
whom and a state interest or

315
00:10:35,430 --> 00:10:36,990
power is vested.

316
00:10:38,130 --> 00:10:40,920
So they are, I think, the key

317
00:10:40,920 --> 00:10:42,450
thing to bear in mind from the

318
00:10:42,450 --> 00:10:44,820
corporate perspective is that

319
00:10:44,820 --> 00:10:46,650
they are suggesting that they

320
00:10:46,650 --> 00:10:50,100
should be trustees of society.

321
00:10:51,030 --> 00:10:53,370
Now, that means that they are

322
00:10:53,370 --> 00:10:54,900
suggesting that they should be

323
00:10:54,930 --> 00:10:58,140
entrusted by us, and have should

324
00:10:58,140 --> 00:11:01,410
have power vested in them by us

325
00:11:01,980 --> 00:11:04,980
to exercise control, and act in

326
00:11:05,010 --> 00:11:07,440
our best interests. So basically

327
00:11:07,440 --> 00:11:09,780
be the stewards of everything.

328
00:11:09,900 --> 00:11:12,000
Yeah, to be the stewards

329
00:11:12,030 --> 00:11:16,200
stewards. Now, now, if that is

330
00:11:16,200 --> 00:11:18,750
part of sustainable development,

331
00:11:19,110 --> 00:11:21,120
which is a global plan for

332
00:11:21,120 --> 00:11:23,430
transformation, and they are the

333
00:11:23,430 --> 00:11:26,370
key markets, stakeholders in the

334
00:11:26,400 --> 00:11:28,020
quote, unquote, multi

335
00:11:28,020 --> 00:11:30,450
stakeholder partnership, what

336
00:11:30,450 --> 00:11:32,700
they're claiming, is that they

337
00:11:32,700 --> 00:11:34,650
should be re responsible

338
00:11:34,650 --> 00:11:36,960
custodians of this

339
00:11:36,960 --> 00:11:39,600
transformation. Well, as we all

340
00:11:39,600 --> 00:11:41,010
know, the transformation

341
00:11:41,010 --> 00:11:42,810
sustainable development is

342
00:11:42,810 --> 00:11:45,510
global. So what they are saying

343
00:11:45,510 --> 00:11:47,010
is that they should be the key

344
00:11:47,010 --> 00:11:50,910
custodians of the earth. So that

345
00:11:51,120 --> 00:11:53,010
is, that's mental.

346
00:11:55,050 --> 00:11:56,520
Yeah, that's the whole podcast,

347
00:11:56,520 --> 00:11:57,090
everyone.

348
00:11:59,280 --> 00:12:00,420
I mean, you probably couldn't

349
00:12:00,420 --> 00:12:01,500
get there. Because I mean, who

350
00:12:01,500 --> 00:12:02,310
in their right mind would

351
00:12:02,310 --> 00:12:04,320
support that? You know, it's

352
00:12:04,320 --> 00:12:05,580
totally mental, especially when

353
00:12:05,580 --> 00:12:06,480
you consider you know, that a

354
00:12:06,480 --> 00:12:08,550
lot of this is ostensibly around

355
00:12:08,850 --> 00:12:11,400
public private partnerships. And

356
00:12:11,400 --> 00:12:12,810
so you're having, you know, if

357
00:12:12,810 --> 00:12:14,070
you talk about, like corporate

358
00:12:14,070 --> 00:12:15,780
capture of the public sector,

359
00:12:15,810 --> 00:12:16,950
you're basically having the

360
00:12:16,950 --> 00:12:18,120
private running everything and

361
00:12:18,120 --> 00:12:19,560
being like, yes, now and trust

362
00:12:19,560 --> 00:12:21,840
us to be stewards of your global

363
00:12:21,840 --> 00:12:23,730
estate and the global commons

364
00:12:23,760 --> 00:12:24,930
and all of this stuff. You know,

365
00:12:24,930 --> 00:12:26,160
the people that have, as I

366
00:12:26,160 --> 00:12:27,300
mentioned earlier, you know, a

367
00:12:27,300 --> 00:12:28,290
lot of the people that are the

368
00:12:28,290 --> 00:12:29,730
public faces of this are people

369
00:12:29,730 --> 00:12:31,230
like Bill Gates, who build them.

370
00:12:31,230 --> 00:12:32,730
We're not predatory monopoly at

371
00:12:32,730 --> 00:12:34,260
Microsoft, are people like Larry

372
00:12:34,260 --> 00:12:37,230
Fink of Blackrock? You know, a

373
00:12:37,230 --> 00:12:38,940
predatory asset manager and

374
00:12:38,940 --> 00:12:39,990
stuff like that. I mean, it's

375
00:12:39,990 --> 00:12:42,210
just mental, the idea that these

376
00:12:42,210 --> 00:12:43,290
guys would be responsible

377
00:12:43,290 --> 00:12:46,020
stewards of anything, to be

378
00:12:46,020 --> 00:12:47,550
honest. Yeah. And I think

379
00:12:47,550 --> 00:12:48,900
that's, that's a key thing, too,

380
00:12:48,930 --> 00:12:50,760
for people to try. And sort of,

381
00:12:51,450 --> 00:12:53,160
you know, why would any of us

382
00:12:53,160 --> 00:12:54,750
given the way that that, you

383
00:12:54,750 --> 00:12:56,850
know, most people, I think, who

384
00:12:56,850 --> 00:12:59,580
believe in what sustainability

385
00:12:59,610 --> 00:13:01,620
sustainable development is

386
00:13:01,800 --> 00:13:04,230
supposed to be? probably

387
00:13:04,230 --> 00:13:06,180
consider, and we see it all the

388
00:13:06,180 --> 00:13:08,700
time with the protests, consider

389
00:13:08,700 --> 00:13:10,470
that quote, unquote, big

390
00:13:10,470 --> 00:13:12,630
polluters, like the, like,

391
00:13:12,750 --> 00:13:14,970
companies like BP and

392
00:13:16,110 --> 00:13:18,360
Exxon Mobil, and Petro China,

393
00:13:18,360 --> 00:13:19,410
and companies like that.

394
00:13:19,770 --> 00:13:21,900
consider them to be the world's

395
00:13:21,900 --> 00:13:24,660
big polluters. Well, these are

396
00:13:24,660 --> 00:13:27,090
the companies who through this

397
00:13:27,090 --> 00:13:29,220
network of something that we

398
00:13:29,220 --> 00:13:30,450
could call the global public

399
00:13:30,450 --> 00:13:32,550
private partnership are the ones

400
00:13:32,550 --> 00:13:34,770
who are assuming stewardship of

401
00:13:34,770 --> 00:13:36,660
the planet for sustainable

402
00:13:36,660 --> 00:13:40,080
development. So with Sobey, so

403
00:13:40,380 --> 00:13:42,120
people need to be to make that

404
00:13:42,120 --> 00:13:43,170
connection. They need to

405
00:13:43,170 --> 00:13:44,850
understand that the companies

406
00:13:44,850 --> 00:13:46,440
that they're protesting against

407
00:13:46,440 --> 00:13:48,960
if you happen to be involved in

408
00:13:48,960 --> 00:13:51,270
those kinds of protests, are the

409
00:13:51,270 --> 00:13:53,790
companies who are ramming

410
00:13:53,820 --> 00:13:55,770
sustainable development programs

411
00:13:55,770 --> 00:13:59,220
globally. So you're protesting

412
00:13:59,250 --> 00:14:02,070
for them? Yeah. So a lot of the

413
00:14:02,070 --> 00:14:03,000
stuff you have here, you know,

414
00:14:03,000 --> 00:14:05,790
you have un backed entities that

415
00:14:05,790 --> 00:14:06,750
are supporting things like

416
00:14:06,750 --> 00:14:08,640
carbon markets, and carbon

417
00:14:08,640 --> 00:14:10,740
trading, and carbon allowances

418
00:14:10,740 --> 00:14:11,850
and all of this stuff. And it's

419
00:14:11,850 --> 00:14:13,230
even been reported in mainstream

420
00:14:13,260 --> 00:14:15,330
media outlets like the Guardian,

421
00:14:15,540 --> 00:14:17,160
the intercept, that oil

422
00:14:17,160 --> 00:14:18,090
companies

423
00:14:19,230 --> 00:14:21,630
overwhelmingly support those

424
00:14:21,630 --> 00:14:23,520
policies, they like them. Why do

425
00:14:23,520 --> 00:14:26,190
they like them? You know, I just

426
00:14:26,220 --> 00:14:28,020
I'm kind of puzzled why people

427
00:14:28,020 --> 00:14:29,340
on the left haven't really dug

428
00:14:30,240 --> 00:14:31,230
or haven't really seemed very

429
00:14:31,230 --> 00:14:33,390
interested in digging any deeper

430
00:14:33,390 --> 00:14:34,710
into this because you hear all

431
00:14:34,710 --> 00:14:36,690
the time. Or at least we're you

432
00:14:36,690 --> 00:14:38,700
know, a lot of people think that

433
00:14:38,700 --> 00:14:40,110
the left is ostensibly supposed

434
00:14:40,110 --> 00:14:41,280
to be more concerned about

435
00:14:41,610 --> 00:14:44,100
holding corporations to account

436
00:14:44,100 --> 00:14:45,450
and predatory behavior by

437
00:14:45,450 --> 00:14:47,490
corporations in regulating

438
00:14:47,490 --> 00:14:48,780
corporations and all of this

439
00:14:48,780 --> 00:14:49,830
stuff, but this is basically

440
00:14:49,830 --> 00:14:51,750
handing corporations including

441
00:14:51,750 --> 00:14:53,160
the ones that a lot of them

442
00:14:53,160 --> 00:14:54,660
recognize as being the quote

443
00:14:54,660 --> 00:14:56,040
unquote bad guys. It's handing

444
00:14:56,040 --> 00:14:57,930
them the keys to the castle

445
00:14:57,930 --> 00:14:59,250
essentially. Yeah, I mean, it's

446
00:14:59,250 --> 00:14:59,940
it's

447
00:15:00,000 --> 00:15:02,340
It's pretty crazy stuff. Really.

448
00:15:02,340 --> 00:15:03,870
I mean, I think one of the

449
00:15:03,870 --> 00:15:05,670
problems is and I think another

450
00:15:05,670 --> 00:15:06,870
another important thing is to

451
00:15:06,870 --> 00:15:08,550
bear in mind is,

452
00:15:09,599 --> 00:15:12,629
personally, I don't accept the

453
00:15:12,659 --> 00:15:15,059
the idea that you know that

454
00:15:15,089 --> 00:15:17,339
carbon dioxide is a great

455
00:15:17,369 --> 00:15:19,409
pollution pollutant, that

456
00:15:19,649 --> 00:15:21,659
anthropogenic global warming is

457
00:15:21,659 --> 00:15:23,339
a thing. That's personally my

458
00:15:23,339 --> 00:15:25,469
view. But I understand the vast

459
00:15:25,469 --> 00:15:26,489
majority of people would

460
00:15:26,489 --> 00:15:28,499
disagree with that. It doesn't

461
00:15:28,499 --> 00:15:29,639
matter, it doesn't make any

462
00:15:29,639 --> 00:15:31,469
difference, even if you even if

463
00:15:31,469 --> 00:15:34,049
you think that, that you know,

464
00:15:34,049 --> 00:15:35,699
there isn't that we are faced

465
00:15:35,699 --> 00:15:37,469
with a climate emergency and

466
00:15:37,469 --> 00:15:39,479
that there is some need to do

467
00:15:39,479 --> 00:15:41,549
something about it in terms of

468
00:15:41,579 --> 00:15:42,509
in terms of,

469
00:15:43,800 --> 00:15:45,690
you know, to save the planet,

470
00:15:45,690 --> 00:15:47,370
and to save, obviously, life on

471
00:15:47,370 --> 00:15:49,830
Earth and so forth. This isn't

472
00:15:49,830 --> 00:15:51,360
the solution. Sustainable

473
00:15:51,360 --> 00:15:53,400
development is not the solution.

474
00:15:53,640 --> 00:15:54,930
The Sustainable Development has

475
00:15:54,930 --> 00:15:56,910
got nothing to do with reducing

476
00:15:56,910 --> 00:16:00,120
carbon dioxide. Yeah, it's

477
00:16:00,180 --> 00:16:02,160
sustainable development is about

478
00:16:02,670 --> 00:16:05,520
creating carbon markets in a

479
00:16:05,520 --> 00:16:07,530
great to a great extent creating

480
00:16:07,530 --> 00:16:10,170
carbon markets to enable the

481
00:16:10,170 --> 00:16:12,450
same group global corporations

482
00:16:12,480 --> 00:16:13,740
that have always the big

483
00:16:13,740 --> 00:16:15,210
polluters, quote, unquote, big

484
00:16:15,210 --> 00:16:17,880
polluters, to change their

485
00:16:17,880 --> 00:16:19,590
business model so that they can

486
00:16:19,590 --> 00:16:22,770
carry on being global corporate

487
00:16:22,770 --> 00:16:24,930
leaders, as multi stakeholder

488
00:16:24,930 --> 00:16:26,730
partners, but with a new

489
00:16:26,730 --> 00:16:28,560
business model based upon carbon

490
00:16:28,560 --> 00:16:30,030
trading, which means not that

491
00:16:30,030 --> 00:16:32,070
they will reduce their carbon

492
00:16:32,130 --> 00:16:34,200
output, but they will offset it

493
00:16:34,200 --> 00:16:36,600
or trade it, therefore making

494
00:16:36,600 --> 00:16:39,270
more money. Yeah, so basically,

495
00:16:39,300 --> 00:16:40,620
like you said, it doesn't really

496
00:16:40,620 --> 00:16:42,210
matter how you feel about

497
00:16:42,210 --> 00:16:43,320
climate change, whether you

498
00:16:43,320 --> 00:16:46,680
believe the, you know, about a

499
00:16:46,680 --> 00:16:48,120
climate emergency, or you don't,

500
00:16:48,150 --> 00:16:49,410
it's really irrelevant when

501
00:16:49,410 --> 00:16:50,400
looking at the sustainable

502
00:16:50,400 --> 00:16:51,900
development goals as its pitch.

503
00:16:52,170 --> 00:16:53,250
Because I think one of the

504
00:16:53,250 --> 00:16:54,630
reasons to which you sort of

505
00:16:54,660 --> 00:16:56,370
alluded to this, I think a lot

506
00:16:56,370 --> 00:16:59,100
of people like the conceive of

507
00:16:59,100 --> 00:17:01,260
sustainable development the term

508
00:17:01,320 --> 00:17:03,900
differently than the way the UN

509
00:17:03,930 --> 00:17:05,760
and the people implementing the

510
00:17:05,760 --> 00:17:06,870
SDGs. Think about what

511
00:17:06,870 --> 00:17:08,400
sustainable development means.

512
00:17:08,640 --> 00:17:09,720
And we can get into that in a

513
00:17:09,720 --> 00:17:10,830
little bit. Because in the first

514
00:17:10,830 --> 00:17:13,530
installment of our series, we

515
00:17:13,530 --> 00:17:14,640
note that considerably when it

516
00:17:14,640 --> 00:17:15,450
especially when it comes to

517
00:17:15,450 --> 00:17:16,830
economics, and the idea of

518
00:17:17,070 --> 00:17:20,130
sustainable debt and things of

519
00:17:20,370 --> 00:17:22,650
that nature. But you know, it's

520
00:17:22,650 --> 00:17:23,760
even more than just making

521
00:17:23,760 --> 00:17:25,020
carbon markets, you could say

522
00:17:25,020 --> 00:17:26,160
that sustainable development

523
00:17:26,160 --> 00:17:28,830
goals in general, as as written

524
00:17:28,830 --> 00:17:29,850
and as they're being

525
00:17:29,850 --> 00:17:31,740
implemented, are about

526
00:17:31,860 --> 00:17:34,770
specifically making new markets,

527
00:17:34,920 --> 00:17:36,480
period. It's not just I mean,

528
00:17:36,510 --> 00:17:37,980
obviously, making a new carbon

529
00:17:37,980 --> 00:17:39,660
market is a key part of it. But

530
00:17:39,660 --> 00:17:41,250
you're having at the same time,

531
00:17:41,610 --> 00:17:42,960
basically the transformation of

532
00:17:42,960 --> 00:17:44,100
everything, including the

533
00:17:44,100 --> 00:17:46,320
natural world natural resources

534
00:17:46,320 --> 00:17:49,140
into financial commodities, and

535
00:17:49,140 --> 00:17:50,820
basically allowing those to

536
00:17:50,820 --> 00:17:53,190
become a new market and a new

537
00:17:53,190 --> 00:17:54,900
asset class and all of this

538
00:17:54,900 --> 00:17:57,180
stuff, with the ultimate goal of

539
00:17:57,180 --> 00:17:58,590
keeping the casino going and

540
00:17:58,590 --> 00:18:00,840
allowing the same predatory

541
00:18:00,840 --> 00:18:03,570
behavior by these actors to grow

542
00:18:03,570 --> 00:18:06,300
and expand in a way that they

543
00:18:06,300 --> 00:18:08,520
are very excited about. When I

544
00:18:08,520 --> 00:18:09,750
wrote about natural asset

545
00:18:09,750 --> 00:18:10,800
corporations.

546
00:18:11,910 --> 00:18:13,230
Last year, the group that

547
00:18:13,230 --> 00:18:14,340
developed that called the

548
00:18:14,340 --> 00:18:16,020
intrinsic intrinsic exchange

549
00:18:16,020 --> 00:18:16,950
group, they're backed by the

550
00:18:16,950 --> 00:18:19,170
Rockefeller Foundation, they're

551
00:18:19,170 --> 00:18:20,910
basically gloating over the

552
00:18:20,910 --> 00:18:23,040
opportunity and how this new

553
00:18:23,040 --> 00:18:24,720
asset class will allow them to

554
00:18:24,750 --> 00:18:27,030
extend exude the existing amount

555
00:18:27,030 --> 00:18:29,130
of assets in the economy by like

556
00:18:29,130 --> 00:18:30,870
trillions and trillions and

557
00:18:30,870 --> 00:18:32,490
trillions of dollars. And when

558
00:18:32,490 --> 00:18:34,350
they say the opportunity, it's

559
00:18:34,350 --> 00:18:36,660
very clear, they say it's that

560
00:18:36,690 --> 00:18:37,920
that they see as the opportunity

561
00:18:37,920 --> 00:18:39,450
not an opportunity to, I don't

562
00:18:39,450 --> 00:18:40,740
know, protect those natural

563
00:18:40,740 --> 00:18:42,060
resources, like they ostensibly

564
00:18:42,060 --> 00:18:43,320
claim that's not the opportunity

565
00:18:43,320 --> 00:18:45,090
to them, the opportunity to them

566
00:18:45,090 --> 00:18:46,950
is to open a new casino for

567
00:18:46,980 --> 00:18:48,360
specifically in the developing

568
00:18:48,360 --> 00:18:50,130
world. It's all about emerging

569
00:18:50,130 --> 00:18:51,840
markets and moving capital flow

570
00:18:51,840 --> 00:18:53,910
to emerging markets. And, you

571
00:18:53,910 --> 00:18:55,680
know, all sorts of financial

572
00:18:55,680 --> 00:18:57,510
games are going on here. And

573
00:18:57,510 --> 00:18:59,100
that's not sustainable

574
00:18:59,100 --> 00:19:00,330
development. Like most people

575
00:19:00,330 --> 00:19:01,860
think of it most people, I

576
00:19:01,860 --> 00:19:02,910
think, if you were to ask them

577
00:19:02,910 --> 00:19:04,290
what sustainable development is,

578
00:19:04,290 --> 00:19:05,820
they'd say things like, okay,

579
00:19:06,390 --> 00:19:07,740
returning to small scale,

580
00:19:07,740 --> 00:19:09,390
subsistence organic farming,

581
00:19:09,390 --> 00:19:10,860
putting a solar panel on your

582
00:19:10,860 --> 00:19:13,380
roof, recycling, all types of

583
00:19:13,380 --> 00:19:15,300
stuff like that. And that's not

584
00:19:15,300 --> 00:19:17,040
really, you know, maybe some of

585
00:19:17,040 --> 00:19:19,080
those things pop up in, you

586
00:19:19,080 --> 00:19:21,060
know, in some degree in these

587
00:19:21,060 --> 00:19:22,290
sustainable development goals.

588
00:19:22,290 --> 00:19:23,790
But that's not the focus of this

589
00:19:24,090 --> 00:19:26,040
agenda 2030 for sustainable

590
00:19:26,040 --> 00:19:27,660
development by any means at all.

591
00:19:27,900 --> 00:19:28,800
And if you're looking at

592
00:19:28,830 --> 00:19:30,360
governments, like in the US,

593
00:19:30,900 --> 00:19:31,650
where you have the Biden

594
00:19:31,650 --> 00:19:32,760
administration, talking about

595
00:19:32,760 --> 00:19:33,780
the need to implement these

596
00:19:33,780 --> 00:19:36,930
goals relatively often, there's

597
00:19:36,930 --> 00:19:38,670
been numerous cases and, you

598
00:19:38,670 --> 00:19:39,600
know, my colleague, Jeremy

599
00:19:39,600 --> 00:19:42,540
Loffredo, has been covering one

600
00:19:42,540 --> 00:19:43,650
story on this, but there's many

601
00:19:43,650 --> 00:19:44,730
stories like this across the

602
00:19:44,730 --> 00:19:46,110
country where organic farms are

603
00:19:46,110 --> 00:19:47,790
being actually shut down or

604
00:19:47,790 --> 00:19:50,730
threatened with fines. Um, you

605
00:19:50,730 --> 00:19:54,000
know, for basically not meeting

606
00:19:54,000 --> 00:19:55,980
certain goals that are sort of

607
00:19:55,980 --> 00:19:57,750
tied into the same agenda, but

608
00:19:57,750 --> 00:19:58,920
they're, you know, farming

609
00:19:58,920 --> 00:20:00,000
organically in this part.

610
00:20:00,000 --> 00:20:00,990
The killer case that Jeremy is

611
00:20:00,990 --> 00:20:02,010
covering, it's like an Amish

612
00:20:02,010 --> 00:20:04,080
family. You know, they're not

613
00:20:04,080 --> 00:20:05,520
using chemicals or any of that

614
00:20:05,520 --> 00:20:07,110
stuff. And it's, it's getting

615
00:20:07,110 --> 00:20:08,490
nasty pretty quickly. And,

616
00:20:09,840 --> 00:20:11,400
you know, this is something

617
00:20:11,520 --> 00:20:13,770
that's going on why there's very

618
00:20:13,770 --> 00:20:15,840
big concerns about food security

619
00:20:15,840 --> 00:20:17,220
globally. And it's not just that

620
00:20:17,220 --> 00:20:19,140
one case, right? So, you know,

621
00:20:19,140 --> 00:20:21,510
there's a lot going on, behind

622
00:20:21,540 --> 00:20:23,430
what these people are calling

623
00:20:23,430 --> 00:20:24,900
sustainable development. And

624
00:20:24,900 --> 00:20:27,420
there's a, like a huge rift, I

625
00:20:27,420 --> 00:20:28,980
would say, between how people

626
00:20:28,980 --> 00:20:30,240
conceive of sustainable

627
00:20:30,240 --> 00:20:31,560
development and what that means

628
00:20:31,710 --> 00:20:33,600
and what these people are saying

629
00:20:33,600 --> 00:20:36,030
it means. Yeah, no, absolutely.

630
00:20:36,030 --> 00:20:37,110
I mean, if we were actually

631
00:20:37,110 --> 00:20:38,550
going to tackle let's let's just

632
00:20:38,550 --> 00:20:39,570
put aside the, you know,

633
00:20:39,600 --> 00:20:40,920
whatever you might think about

634
00:20:40,920 --> 00:20:42,360
anthropogenic global warming,

635
00:20:42,360 --> 00:20:43,320
and just think about what we

636
00:20:43,320 --> 00:20:44,640
would do if we were facing a

637
00:20:44,640 --> 00:20:47,130
real climate catastrophe? Well,

638
00:20:47,130 --> 00:20:48,510
obviously, the first thing that

639
00:20:48,510 --> 00:20:49,800
you would start thinking about

640
00:20:49,800 --> 00:20:52,260
is localizing energy supplies

641
00:20:52,260 --> 00:20:54,570
localizing food supplies,

642
00:20:54,570 --> 00:20:58,320
localizing you know, mitigations

643
00:20:58,320 --> 00:21:00,510
against environmental damage,

644
00:21:00,510 --> 00:21:01,770
that kind of thing that makes

645
00:21:01,770 --> 00:21:04,080
sense if, because if the problem

646
00:21:04,110 --> 00:21:06,090
is that as a species, we are

647
00:21:06,090 --> 00:21:07,530
running wild around the planet

648
00:21:07,530 --> 00:21:09,690
and causing untold devastation,

649
00:21:10,080 --> 00:21:11,490
we're doing that through our

650
00:21:11,490 --> 00:21:13,500
mass industrial activity. So the

651
00:21:13,500 --> 00:21:15,960
obviously the, the logical thing

652
00:21:15,960 --> 00:21:17,700
to do if we were going to tackle

653
00:21:17,700 --> 00:21:19,620
the climate emergency is to

654
00:21:19,860 --> 00:21:21,180
localize those things and

655
00:21:21,180 --> 00:21:22,530
perhaps reduce our carbon

656
00:21:22,530 --> 00:21:25,080
footprints by by living, you

657
00:21:25,080 --> 00:21:27,990
know, more sustainable lives in

658
00:21:27,990 --> 00:21:29,370
the general in the, you know, in

659
00:21:29,370 --> 00:21:32,370
the, the the normally accepted

660
00:21:32,370 --> 00:21:33,750
meaning of the word of

661
00:21:33,750 --> 00:21:35,700
sustainable ie being self

662
00:21:35,700 --> 00:21:37,380
sufficient. I mean, that that

663
00:21:37,380 --> 00:21:39,090
would be that would reduce our

664
00:21:39,090 --> 00:21:40,680
carbon footprints that would

665
00:21:40,740 --> 00:21:42,090
that would actually tackle the

666
00:21:42,090 --> 00:21:44,640
climate emergency. But as you

667
00:21:44,640 --> 00:21:46,110
quite rightly said with me, then

668
00:21:46,140 --> 00:21:48,780
that this is almost the total

669
00:21:48,780 --> 00:21:49,830
opposite of that.

670
00:21:50,850 --> 00:21:53,730
It's, it's about global

671
00:21:53,880 --> 00:21:55,650
globalization. And more

672
00:21:55,650 --> 00:21:57,120
importantly, I would suggest it

673
00:21:57,120 --> 00:22:00,000
is about introducing global

674
00:22:00,000 --> 00:22:03,510
financial governance into pretty

675
00:22:03,510 --> 00:22:06,030
much every corner of our lives.

676
00:22:06,630 --> 00:22:08,940
So global financial governance

677
00:22:08,940 --> 00:22:13,590
will be the the driving impetus

678
00:22:13,620 --> 00:22:15,810
for decision making and

679
00:22:15,810 --> 00:22:18,150
policymaking right down to the

680
00:22:18,150 --> 00:22:19,110
local level.

681
00:22:20,160 --> 00:22:22,200
Because because the the idea

682
00:22:22,200 --> 00:22:23,070
that these people are

683
00:22:23,070 --> 00:22:24,420
presenting, you know, like you

684
00:22:24,420 --> 00:22:26,010
said, like Bloomberg, and Carney

685
00:22:26,010 --> 00:22:27,450
and Fink and people like that,

686
00:22:27,900 --> 00:22:30,270
is that this is so crucial that

687
00:22:30,300 --> 00:22:32,340
they are saying that the climate

688
00:22:32,340 --> 00:22:35,460
emergency is so dire, that

689
00:22:35,460 --> 00:22:39,120
therefore, the oft quoted,

690
00:22:39,600 --> 00:22:41,190
euphemism, isn't it is globe,

691
00:22:41,190 --> 00:22:43,500
global problems require global

692
00:22:43,500 --> 00:22:46,770
solutions. So therefore,

693
00:22:46,800 --> 00:22:50,190
economic development needs to be

694
00:22:50,190 --> 00:22:51,570
sustainable. So they want to

695
00:22:51,570 --> 00:22:53,220
introduce the idea of

696
00:22:53,220 --> 00:22:56,790
sustainability into financial

697
00:22:56,790 --> 00:22:58,770
and economic development, which

698
00:22:58,770 --> 00:23:00,990
means transforming the

699
00:23:00,990 --> 00:23:02,100
international monetary and

700
00:23:02,100 --> 00:23:03,750
financial system in order to

701
00:23:03,750 --> 00:23:06,840
reflect that claimed necessity.

702
00:23:07,260 --> 00:23:08,820
But what why what they're

703
00:23:08,820 --> 00:23:11,370
actually doing? If you can, you

704
00:23:11,370 --> 00:23:12,570
could, because you can flip the

705
00:23:12,570 --> 00:23:14,070
switch on that and look at it

706
00:23:14,070 --> 00:23:15,180
from the other end of that

707
00:23:15,180 --> 00:23:19,050
equation is cascading global

708
00:23:19,110 --> 00:23:21,270
financial governance, downtick

709
00:23:21,840 --> 00:23:23,520
everywhere, across the entire

710
00:23:23,520 --> 00:23:24,960
planet into everything we do

711
00:23:24,960 --> 00:23:27,060
into growing our food, you know,

712
00:23:27,060 --> 00:23:28,530
the way that we, you know, the

713
00:23:28,530 --> 00:23:30,540
transport that we use, the

714
00:23:30,540 --> 00:23:32,400
energy that we consume our

715
00:23:32,400 --> 00:23:34,020
consumption in general,

716
00:23:34,530 --> 00:23:37,650
everywhere. And so, under the

717
00:23:37,650 --> 00:23:40,020
guise of claiming necessity for

718
00:23:40,020 --> 00:23:41,700
fighting the alleged climate

719
00:23:41,700 --> 00:23:43,710
disaster, what they're actually

720
00:23:43,710 --> 00:23:46,710
creating is a global control

721
00:23:46,710 --> 00:23:48,660
system that will enable them to

722
00:23:48,660 --> 00:23:51,360
shape every aspect of our lives.

723
00:23:51,450 --> 00:23:53,040
And that that is a big part of

724
00:23:53,040 --> 00:23:54,780
it. And you, you know, and I

725
00:23:54,780 --> 00:23:55,890
think there are a lot of figures

726
00:23:55,890 --> 00:23:57,150
that have been bandied about and

727
00:23:57,150 --> 00:23:58,110
I know that you know, some

728
00:23:58,110 --> 00:24:00,900
people the the I II, I can't

729
00:24:00,900 --> 00:24:02,790
remember the name of now that

730
00:24:03,240 --> 00:24:04,560
that first when they were

731
00:24:04,560 --> 00:24:05,940
talking about launching natural

732
00:24:05,940 --> 00:24:07,770
asset companies spoke about a

733
00:24:07,770 --> 00:24:10,140
potential global market of four

734
00:24:10,140 --> 00:24:12,450
quadrillion dollars. Yeah,

735
00:24:12,450 --> 00:24:14,310
that's intrinsic exchange group.

736
00:24:14,430 --> 00:24:17,310
Yeah. Yeah, I G, the intrinsic

737
00:24:17,340 --> 00:24:19,140
intrinsic exchange group talks

738
00:24:19,140 --> 00:24:20,850
about a potential global market

739
00:24:20,850 --> 00:24:22,470
for quadrillion dollars. And I

740
00:24:22,470 --> 00:24:24,780
think sometimes they make these

741
00:24:24,780 --> 00:24:27,000
claims as they did with GE fans

742
00:24:27,030 --> 00:24:28,170
that that when you look at the

743
00:24:28,170 --> 00:24:29,250
numbers, you kind of wonder

744
00:24:29,250 --> 00:24:30,300
whether those things actually

745
00:24:30,300 --> 00:24:31,650
add up. But nonetheless, they

746
00:24:31,650 --> 00:24:32,910
are ambitious. This I don't

747
00:24:32,910 --> 00:24:34,380
think they care if they add up.

748
00:24:36,420 --> 00:24:37,800
They're just ambitious and they

749
00:24:37,800 --> 00:24:39,810
want everyone to buy into it. So

750
00:24:39,810 --> 00:24:41,010
if they put out these big

751
00:24:41,010 --> 00:24:42,360
numbers, people are going to buy

752
00:24:42,360 --> 00:24:44,070
into it, whether the investors

753
00:24:44,070 --> 00:24:46,140
are going to buy into it. But

754
00:24:46,140 --> 00:24:47,250
the point is, as you quite

755
00:24:47,250 --> 00:24:49,170
rightly said, the carbon trading

756
00:24:49,170 --> 00:24:51,870
market at the moment is

757
00:24:51,870 --> 00:24:53,880
projected to be at about 100 and

758
00:24:53,940 --> 00:24:57,690
own only only $120 trillion

759
00:24:58,080 --> 00:24:59,970
globally. So

760
00:25:00,000 --> 00:25:01,740
Okay, so that's just small

761
00:25:01,740 --> 00:25:03,420
potatoes compared to the rest of

762
00:25:03,420 --> 00:25:06,480
it. If if we're, if we are, if

763
00:25:06,480 --> 00:25:07,800
we are going to believe what

764
00:25:07,800 --> 00:25:10,530
they claim, but the whole thing,

765
00:25:10,530 --> 00:25:11,790
and I think, you know, it's

766
00:25:11,970 --> 00:25:13,410
another thing to consider is

767
00:25:13,410 --> 00:25:15,900
it's all based on claims and

768
00:25:15,900 --> 00:25:18,360
projections. It's all it's all

769
00:25:18,360 --> 00:25:20,430
claimed on. It's all based on

770
00:25:20,430 --> 00:25:22,770
jam tomorrow, and not just not

771
00:25:22,770 --> 00:25:24,690
just the financial projections

772
00:25:24,690 --> 00:25:26,190
that they are, that they're

773
00:25:26,640 --> 00:25:28,920
split, you know, putting out all

774
00:25:28,920 --> 00:25:30,360
over the world to try and entice

775
00:25:30,360 --> 00:25:32,160
investors, investors to believe

776
00:25:32,160 --> 00:25:32,520
in it.

777
00:25:33,690 --> 00:25:35,970
Also, in terms of the claimed,

778
00:25:36,630 --> 00:25:38,400
disasters that we're going to

779
00:25:38,400 --> 00:25:39,570
face, which is the, you know,

780
00:25:39,570 --> 00:25:42,810
the basis of their their claim

781
00:25:42,810 --> 00:25:45,600
necessity, is that is that, you

782
00:25:45,600 --> 00:25:46,860
know, these disasters are going

783
00:25:46,860 --> 00:25:49,530
to that are likely to befall us

784
00:25:49,560 --> 00:25:54,120
unless we accept, basically,

785
00:25:54,270 --> 00:25:56,160
global financial governance.

786
00:25:56,550 --> 00:25:58,380
Yeah, so one of the things going

787
00:25:58,380 --> 00:25:59,370
on here, before we get into the

788
00:25:59,370 --> 00:26:02,460
financial stuff, is this. The

789
00:26:02,490 --> 00:26:03,720
idea? And we saw this sort of

790
00:26:03,720 --> 00:26:05,700
with COVID-19, too. Yeah, the

791
00:26:05,700 --> 00:26:08,220
idea we have to act now. It's so

792
00:26:08,220 --> 00:26:09,450
urgent, we don't have time to

793
00:26:09,450 --> 00:26:10,440
think about it. But here are

794
00:26:10,440 --> 00:26:11,970
these solutions, let's implement

795
00:26:11,970 --> 00:26:13,950
them immediately. Or disaster

796
00:26:13,950 --> 00:26:16,590
awaits us, basically. And we're

797
00:26:16,590 --> 00:26:17,940
seeing that sort of also, not

798
00:26:17,940 --> 00:26:19,320
just in COVID-19, but the the

799
00:26:19,320 --> 00:26:20,730
preparations for the quote,

800
00:26:20,730 --> 00:26:23,070
unquote, next pandemic, whenever

801
00:26:23,070 --> 00:26:24,480
that is to be followed the

802
00:26:24,480 --> 00:26:27,270
world. So, you know, in doing

803
00:26:27,270 --> 00:26:28,620
that, you're basically using

804
00:26:28,620 --> 00:26:31,410
fear to get people to get onto a

805
00:26:31,410 --> 00:26:32,820
pre designed agenda that goes

806
00:26:32,820 --> 00:26:36,120
back, well, nominally to 2015,

807
00:26:36,120 --> 00:26:37,860
but obviously, agenda 2030. And

808
00:26:37,860 --> 00:26:39,360
all of that, you know, is its

809
00:26:39,360 --> 00:26:42,090
roots are in 1992, and arguably,

810
00:26:42,090 --> 00:26:43,170
even before that.

811
00:26:44,520 --> 00:26:46,140
So you know, there's a lot more

812
00:26:46,380 --> 00:26:47,760
going on than just,

813
00:26:48,840 --> 00:26:50,070
you know, oh, there's this

814
00:26:50,070 --> 00:26:51,150
climate emergency, and we have

815
00:26:51,150 --> 00:26:52,110
to solve it immediately. They

816
00:26:52,110 --> 00:26:53,130
act like there's this sort of

817
00:26:53,130 --> 00:26:54,630
grassroots involvement. That's

818
00:26:54,630 --> 00:26:56,070
the civil society component that

819
00:26:56,070 --> 00:26:57,390
you might want to explain, even

820
00:26:57,390 --> 00:26:58,290
for people that haven't read

821
00:26:58,290 --> 00:27:00,330
your article on that, where they

822
00:27:00,330 --> 00:27:01,650
sort of say they're bringing in

823
00:27:01,830 --> 00:27:03,960
they that this agenda isn't just

824
00:27:03,960 --> 00:27:05,280
corporations and governments,

825
00:27:05,280 --> 00:27:06,060
they brought in the little

826
00:27:06,060 --> 00:27:07,620
people through civil society

827
00:27:07,620 --> 00:27:08,760
partnerships and stuff like

828
00:27:08,760 --> 00:27:10,050
that, but that itself is also

829
00:27:10,050 --> 00:27:13,200
pretty illusory. Yeah, so So

830
00:27:13,200 --> 00:27:15,480
Communitarianism is an idea that

831
00:27:15,480 --> 00:27:17,340
was that is a kind of amalgam of

832
00:27:17,340 --> 00:27:19,980
two of stakeholder capitalism,

833
00:27:19,980 --> 00:27:21,000
that the thing that we've just

834
00:27:21,000 --> 00:27:23,370
discussed and communitarianism

835
00:27:23,370 --> 00:27:25,050
as envisaged by people like

836
00:27:25,080 --> 00:27:27,960
amortizer Etzioni, who, who put

837
00:27:27,960 --> 00:27:30,870
forward this, this idea that the

838
00:27:30,870 --> 00:27:33,390
individuals are develop their

839
00:27:33,390 --> 00:27:35,040
identity, really, as a

840
00:27:35,040 --> 00:27:37,410
consequence of their, of their,

841
00:27:37,800 --> 00:27:39,270
of the community that they're

842
00:27:39,270 --> 00:27:42,330
in. So we are, as he put it, the

843
00:27:42,330 --> 00:27:45,240
product of our community. So,

844
00:27:45,510 --> 00:27:47,340
therefore, the community, what's

845
00:27:47,340 --> 00:27:49,080
good for the community is good

846
00:27:49,080 --> 00:27:51,780
for the individual. So the idea

847
00:27:51,780 --> 00:27:54,450
of Communitarianism is that of

848
00:27:56,430 --> 00:27:57,600
putting these two things

849
00:27:57,600 --> 00:27:59,250
together into something called

850
00:27:59,250 --> 00:28:00,780
civil society, where

851
00:28:00,780 --> 00:28:03,210
representatives of the community

852
00:28:03,930 --> 00:28:06,180
negotiate in effect with

853
00:28:06,480 --> 00:28:08,370
representatives of the public

854
00:28:08,400 --> 00:28:10,230
and the private sector, so they

855
00:28:10,230 --> 00:28:11,790
would be negotiating with

856
00:28:11,790 --> 00:28:13,530
representatives from the local

857
00:28:13,530 --> 00:28:14,610
government or the government.

858
00:28:15,030 --> 00:28:16,770
And the private sector would be

859
00:28:16,770 --> 00:28:18,150
the stakeholders, the private

860
00:28:18,150 --> 00:28:19,440
stakeholders that are the

861
00:28:19,440 --> 00:28:21,570
stakeholder capitalists. So

862
00:28:21,570 --> 00:28:23,220
these three groups come

863
00:28:23,220 --> 00:28:24,510
together. And this is supposed

864
00:28:24,510 --> 00:28:27,300
to enable within civil society,

865
00:28:27,870 --> 00:28:30,480
what we might use to call

866
00:28:30,480 --> 00:28:32,340
democratic representation.

867
00:28:32,580 --> 00:28:33,780
Whereas rather than an

868
00:28:33,780 --> 00:28:35,010
individual rather than

869
00:28:35,010 --> 00:28:37,620
individuals voting or being

870
00:28:37,620 --> 00:28:39,660
directly involved in discussions

871
00:28:39,660 --> 00:28:42,000
with with these public and the

872
00:28:42,000 --> 00:28:44,550
private sector, we would be

873
00:28:44,550 --> 00:28:46,740
represented by the community,

874
00:28:47,790 --> 00:28:49,410
whoever that group might be. So

875
00:28:49,410 --> 00:28:51,510
we might be talking about NGOs,

876
00:28:51,510 --> 00:28:52,710
or we might be talking about

877
00:28:52,710 --> 00:28:54,210
nongovernmental organizations,

878
00:28:54,210 --> 00:28:55,440
or we might be talking about

879
00:28:56,130 --> 00:28:57,720
local community groups or

880
00:28:57,720 --> 00:29:00,210
whatever. So but the eye mat

881
00:29:00,210 --> 00:29:01,920
comes, obviously, what comes

882
00:29:01,920 --> 00:29:03,570
with that is a whole set of

883
00:29:03,660 --> 00:29:05,700
questions based on assumptions

884
00:29:05,700 --> 00:29:07,980
about who the community is, who

885
00:29:07,980 --> 00:29:09,600
do they represent? How do

886
00:29:09,600 --> 00:29:11,100
individuals raise their voices

887
00:29:11,100 --> 00:29:12,570
within the community if the

888
00:29:12,570 --> 00:29:13,680
community is going to present

889
00:29:13,680 --> 00:29:16,290
them, what is a community and so

890
00:29:16,290 --> 00:29:18,480
forth. But nonetheless, the idea

891
00:29:18,480 --> 00:29:20,940
is, is that the problem with the

892
00:29:20,940 --> 00:29:24,060
civil society equation is that

893
00:29:24,270 --> 00:29:25,860
of those three groups, the

894
00:29:25,860 --> 00:29:27,750
public, the private, and the

895
00:29:27,750 --> 00:29:31,260
community. The public sector has

896
00:29:31,260 --> 00:29:33,120
got all the authority and all

897
00:29:33,120 --> 00:29:34,740
the power, they can compel

898
00:29:34,740 --> 00:29:37,050
people to act. The private

899
00:29:37,050 --> 00:29:39,240
sector has got all the resources

900
00:29:39,480 --> 00:29:41,370
and all the money at its

901
00:29:41,370 --> 00:29:44,700
disposal. And the third party in

902
00:29:44,700 --> 00:29:46,020
that group, the community has

903
00:29:46,020 --> 00:29:48,090
got no power and no resources.

904
00:29:48,630 --> 00:29:52,380
So basically, it's and and even

905
00:29:52,380 --> 00:29:54,630
more so as through stakeholder

906
00:29:54,630 --> 00:29:56,250
capitalism, the public and the

907
00:29:56,250 --> 00:29:58,950
private sector actually partners

908
00:29:59,010 --> 00:29:59,940
so they are

909
00:30:01,230 --> 00:30:02,940
The group that is facing the

910
00:30:02,940 --> 00:30:05,670
community, who are who, through

911
00:30:05,670 --> 00:30:06,930
their partnership arrangement

912
00:30:06,930 --> 00:30:08,730
have got all the authority and

913
00:30:08,730 --> 00:30:12,240
all the resources. So the

914
00:30:12,240 --> 00:30:13,860
community has got no chance,

915
00:30:13,890 --> 00:30:16,680
basically. So the idea that

916
00:30:16,680 --> 00:30:18,180
civil society and that is the

917
00:30:18,180 --> 00:30:19,860
model of civil society. So the

918
00:30:19,860 --> 00:30:21,780
idea that civil society can

919
00:30:21,780 --> 00:30:23,910
represent our interests, which

920
00:30:23,910 --> 00:30:25,440
is the way that it is envisaged

921
00:30:25,440 --> 00:30:27,900
to work within sustainable

922
00:30:27,900 --> 00:30:29,880
development, and the United

923
00:30:29,880 --> 00:30:32,100
Nations Sustainable Development

924
00:30:32,100 --> 00:30:34,560
Goals, is nonsense, really, it

925
00:30:34,560 --> 00:30:36,480
basically, it's just a way of

926
00:30:36,480 --> 00:30:39,510
Disenfranchising the population.

927
00:30:39,810 --> 00:30:40,710
And also,

928
00:30:41,850 --> 00:30:43,710
you have to say, completely

929
00:30:44,160 --> 00:30:46,830
overriding any idea of

930
00:30:46,830 --> 00:30:48,330
representative democracy.

931
00:30:49,410 --> 00:30:50,550
Yeah, so I mean, if you look

932
00:30:50,550 --> 00:30:52,020
into any SDG, really, you're

933
00:30:52,020 --> 00:30:53,460
gonna find the civil society, I

934
00:30:53,460 --> 00:30:54,330
would really just call it a

935
00:30:54,330 --> 00:30:55,860
buzzword, because in practice,

936
00:30:55,860 --> 00:30:57,240
like you just pointed out, it's

937
00:30:57,240 --> 00:30:58,860
pretty meaningless. On it's

938
00:30:58,860 --> 00:30:59,940
really the public private

939
00:30:59,940 --> 00:31:01,230
partnership running the show and

940
00:31:01,230 --> 00:31:02,880
civil society sort of tossed in

941
00:31:02,880 --> 00:31:05,280
there's, you know, a token

942
00:31:05,280 --> 00:31:06,720
representation of the quote,

943
00:31:06,720 --> 00:31:08,130
unquote, community, and that's

944
00:31:08,580 --> 00:31:10,530
kind of when these people are

945
00:31:10,530 --> 00:31:11,550
throwing it around the very

946
00:31:11,550 --> 00:31:13,590
nebulous term. And they can

947
00:31:13,590 --> 00:31:14,970
define it any number of ways.

948
00:31:14,970 --> 00:31:16,110
And it could just end up being

949
00:31:16,110 --> 00:31:18,060
and an NGO that claims to

950
00:31:18,060 --> 00:31:20,310
represent a particular group,

951
00:31:20,310 --> 00:31:21,450
but as you know, funded by the

952
00:31:21,450 --> 00:31:23,880
same billionaires, you know,

953
00:31:23,910 --> 00:31:26,040
behind a lot of this stuff, you

954
00:31:26,040 --> 00:31:27,330
know, it's pretty, or their

955
00:31:27,330 --> 00:31:28,800
foundations quote unquote,

956
00:31:28,800 --> 00:31:30,720
philanthropic foundations, it's

957
00:31:31,080 --> 00:31:33,600
definitely a complicated

958
00:31:34,920 --> 00:31:36,480
ruse going on, I guess, I would

959
00:31:36,480 --> 00:31:39,120
say. So returning to is the

960
00:31:39,120 --> 00:31:40,980
Sustainable Development Goals

961
00:31:40,980 --> 00:31:43,020
17, which is what this this

962
00:31:43,020 --> 00:31:44,160
first piece sustainable debt

963
00:31:44,160 --> 00:31:46,230
slavery is about. So there's a

964
00:31:46,230 --> 00:31:47,580
very specific reason we talk

965
00:31:47,580 --> 00:31:49,440
about debt slavery here. And

966
00:31:49,440 --> 00:31:50,820
that has to do with some of the,

967
00:31:51,090 --> 00:31:54,450
the wording within sustainable,

968
00:31:54,840 --> 00:31:57,660
or SDG 17. That refers to

969
00:31:57,660 --> 00:31:59,850
basically, how the multi

970
00:31:59,850 --> 00:32:01,050
stakeholder partnerships that

971
00:32:01,050 --> 00:32:03,060
you just explained em, are going

972
00:32:03,060 --> 00:32:06,300
to create global what they call

973
00:32:06,330 --> 00:32:08,760
macro economic stability, and

974
00:32:08,760 --> 00:32:10,500
that this is a prerequisite for

975
00:32:10,500 --> 00:32:11,910
the implementation really, of

976
00:32:11,910 --> 00:32:16,200
all the SDGs. So you pointed out

977
00:32:16,230 --> 00:32:17,670
in the article, in the part you

978
00:32:17,700 --> 00:32:20,250
contributed that the meaning of

979
00:32:20,250 --> 00:32:22,110
macro economic stability has

980
00:32:22,110 --> 00:32:24,330
essentially been transformed by

981
00:32:24,330 --> 00:32:25,860
the UN and its specialized

982
00:32:25,890 --> 00:32:27,300
agencies. So can you get into

983
00:32:27,300 --> 00:32:29,250
that a little bit? Yeah, I mean,

984
00:32:29,250 --> 00:32:30,630
they've literally transformed

985
00:32:30,630 --> 00:32:32,160
it. I mean, the UN say

986
00:32:32,160 --> 00:32:34,410
themselves, that macro economic

987
00:32:34,410 --> 00:32:35,970
stability doesn't mean what it

988
00:32:35,970 --> 00:32:38,520
used to mean. So it's, it's it's

989
00:32:38,520 --> 00:32:40,560
literally been transformed. But

990
00:32:40,560 --> 00:32:42,540
the idea of macro economic

991
00:32:42,600 --> 00:32:45,450
stability, is that it? It, it,

992
00:32:46,290 --> 00:32:48,540
what it used to mean, is that

993
00:32:48,540 --> 00:32:49,920
you would have, you'd have good

994
00:32:49,920 --> 00:32:51,690
growth, you would have full

995
00:32:51,690 --> 00:32:53,310
employment or maximum

996
00:32:53,310 --> 00:32:54,870
employment, and that you would

997
00:32:54,870 --> 00:32:56,940
have the kind of stable economic

998
00:32:56,940 --> 00:32:57,810
conditions.

999
00:32:58,920 --> 00:33:00,990
But as we were discussing

1000
00:33:01,020 --> 00:33:03,240
earlier, in order for

1001
00:33:03,240 --> 00:33:05,760
sustainable development to work,

1002
00:33:05,940 --> 00:33:09,960
because the climate disaster is

1003
00:33:09,960 --> 00:33:12,300
so dangerous, apparently,

1004
00:33:13,410 --> 00:33:15,540
no, there's no point in having

1005
00:33:15,540 --> 00:33:17,700
any kind of growth unless it

1006
00:33:17,730 --> 00:33:20,190
also incorporates what they are

1007
00:33:20,190 --> 00:33:23,520
calling fiscal space for.

1008
00:33:25,440 --> 00:33:27,510
for sustainable development. So

1009
00:33:27,510 --> 00:33:29,520
so no development is actually

1010
00:33:29,520 --> 00:33:31,980
sustainable, unless it has got

1011
00:33:31,980 --> 00:33:33,630
this fiscal space in it to

1012
00:33:33,630 --> 00:33:34,980
enable commitments to

1013
00:33:34,980 --> 00:33:36,480
Sustainable Development Goals,

1014
00:33:36,480 --> 00:33:38,580
which is circular reasoning,

1015
00:33:38,580 --> 00:33:39,840
it's a bit of a catch 22

1016
00:33:39,840 --> 00:33:41,490
situation, but that is how they

1017
00:33:41,490 --> 00:33:45,630
are redefining global finances,

1018
00:33:45,780 --> 00:33:47,700
basically. Yeah. So like you

1019
00:33:47,700 --> 00:33:48,600
pointed out in the article, I

1020
00:33:48,600 --> 00:33:49,800
mean, this is basically

1021
00:33:49,830 --> 00:33:51,930
completely dissociating, how

1022
00:33:51,930 --> 00:33:53,250
most people think of macro

1023
00:33:53,250 --> 00:33:55,410
economic stability from actual

1024
00:33:55,440 --> 00:33:57,630
economic activity. And so when

1025
00:33:57,630 --> 00:33:58,950
we talk about how the SDGs are

1026
00:33:58,950 --> 00:34:00,870
basically in the UN says that

1027
00:34:00,900 --> 00:34:02,700
about transforming our world,

1028
00:34:02,850 --> 00:34:04,470
and they're transforming all of

1029
00:34:04,470 --> 00:34:05,880
these definitions, including

1030
00:34:05,880 --> 00:34:07,470
sustainable development, and

1031
00:34:07,470 --> 00:34:09,900
macroeconomic stability, to

1032
00:34:09,930 --> 00:34:12,270
justify that transformation, I

1033
00:34:12,270 --> 00:34:13,020
mean, this shouldn't really be

1034
00:34:13,020 --> 00:34:15,540
ringing alarm bells in people's

1035
00:34:15,540 --> 00:34:17,730
heads, regardless of what you

1036
00:34:17,730 --> 00:34:19,770
think about, you know, climate

1037
00:34:19,770 --> 00:34:20,910
change and all of that stuff. I

1038
00:34:20,910 --> 00:34:21,840
mean, because this is really

1039
00:34:21,840 --> 00:34:23,040
something that's a lot more far

1040
00:34:23,040 --> 00:34:24,300
reaching. And the people

1041
00:34:24,300 --> 00:34:26,100
ultimately involved in designing

1042
00:34:26,100 --> 00:34:28,050
a lot of this are predatory

1043
00:34:28,050 --> 00:34:29,640
bankers, and we'll get into that

1044
00:34:30,180 --> 00:34:32,730
in a second. So, you know, like,

1045
00:34:32,730 --> 00:34:33,930
like you basically just pointed

1046
00:34:33,930 --> 00:34:36,600
out, macroeconomic stability is

1047
00:34:36,600 --> 00:34:39,450
basically having now includes

1048
00:34:39,450 --> 00:34:42,180
countries having the wall,

1049
00:34:42,210 --> 00:34:43,620
there's terms they use for it, I

1050
00:34:43,620 --> 00:34:45,390
guess, it's like fiscal balance,

1051
00:34:45,420 --> 00:34:47,190
I think is the term that you

1052
00:34:47,190 --> 00:34:48,990
noted that they have to

1053
00:34:48,990 --> 00:34:51,090
incorporate this space in their,

1054
00:34:51,720 --> 00:34:53,490
in their finances for the

1055
00:34:53,490 --> 00:34:55,230
implementation of the SDGs.

1056
00:34:55,260 --> 00:34:57,660
Otherwise, it's not macro. They

1057
00:34:57,660 --> 00:34:58,860
don't have macro economic

1058
00:34:58,860 --> 00:34:59,970
stability anymore.

1059
00:35:00,000 --> 00:35:02,700
Right. Yeah, I mean, I think one

1060
00:35:02,700 --> 00:35:03,870
of the things that stands out

1061
00:35:03,870 --> 00:35:05,280
with with when you start looking

1062
00:35:05,280 --> 00:35:05,430
at

1063
00:35:06,690 --> 00:35:08,070
the way that the UN have gone

1064
00:35:08,070 --> 00:35:10,140
about this and the way that we

1065
00:35:10,140 --> 00:35:11,730
might call that the UN Global

1066
00:35:11,730 --> 00:35:12,900
Public Private Partnership,

1067
00:35:12,900 --> 00:35:13,950
because it's got this multi

1068
00:35:13,950 --> 00:35:15,300
stakeholder model right at the

1069
00:35:15,300 --> 00:35:15,840
heart of it,

1070
00:35:16,949 --> 00:35:19,499
is that often their own research

1071
00:35:19,499 --> 00:35:22,319
and their own reports, which

1072
00:35:22,319 --> 00:35:24,479
question a lot of this a lot of

1073
00:35:24,479 --> 00:35:26,219
this stuff, they seem to have

1074
00:35:26,219 --> 00:35:28,319
pushed that to one side. So in

1075
00:35:28,319 --> 00:35:31,439
terms of macro economic

1076
00:35:31,469 --> 00:35:33,809
stability, with this notion of

1077
00:35:33,809 --> 00:35:35,819
fiscal space being introduced

1078
00:35:35,819 --> 00:35:36,359
into it,

1079
00:35:37,560 --> 00:35:39,660
the UN Department of Economic

1080
00:35:39,660 --> 00:35:41,040
and Social Affairs have

1081
00:35:41,040 --> 00:35:43,980
struggled to define what that

1082
00:35:43,980 --> 00:35:46,080
means. What What does fiscal

1083
00:35:46,080 --> 00:35:50,730
space mean? So they the closest

1084
00:35:50,730 --> 00:35:52,050
that they can that they can

1085
00:35:52,050 --> 00:35:54,030
define it is, and this is this,

1086
00:35:54,030 --> 00:35:55,140
is there a definition that says,

1087
00:35:55,140 --> 00:35:56,370
quote, the difference between a

1088
00:35:56,370 --> 00:35:58,350
country's current debt level,

1089
00:35:58,620 --> 00:36:01,110
and its estimated sustainable

1090
00:36:01,110 --> 00:36:03,240
debt level. Now, bearing in mind

1091
00:36:03,240 --> 00:36:06,720
that sustainable means that it

1092
00:36:06,720 --> 00:36:08,700
can, that there's sufficient

1093
00:36:08,820 --> 00:36:13,350
space to pay for this new global

1094
00:36:13,350 --> 00:36:15,960
economic economic activity, this

1095
00:36:15,990 --> 00:36:17,760
lists new sustainable

1096
00:36:17,760 --> 00:36:19,350
development. So that's what

1097
00:36:19,350 --> 00:36:21,270
sustainable means. It doesn't

1098
00:36:21,270 --> 00:36:23,610
mean what we used to think it

1099
00:36:23,610 --> 00:36:25,470
meant, which was, you know,

1100
00:36:26,310 --> 00:36:27,900
sustainable levels of growth,

1101
00:36:28,020 --> 00:36:29,550
employment and economic

1102
00:36:29,550 --> 00:36:31,110
activity, it now means this

1103
00:36:31,110 --> 00:36:32,700
addition of

1104
00:36:33,870 --> 00:36:36,120
additional additional

1105
00:36:36,120 --> 00:36:37,440
expenditure to pay for

1106
00:36:37,440 --> 00:36:39,210
sustainable development. But the

1107
00:36:39,210 --> 00:36:40,710
problem is, if you think about

1108
00:36:40,710 --> 00:36:41,880
that, what they're saying is the

1109
00:36:41,880 --> 00:36:43,020
difference between a country's

1110
00:36:43,020 --> 00:36:44,310
current debt level and its

1111
00:36:44,370 --> 00:36:46,350
estimated sustainable debt

1112
00:36:46,350 --> 00:36:48,750
level. Well, how do you know,

1113
00:36:49,200 --> 00:36:51,210
what the estimated sustainable

1114
00:36:51,210 --> 00:36:52,560
debt level is? Because it's

1115
00:36:52,560 --> 00:36:54,690
arbitrary, it's arbitrary, it's

1116
00:36:54,690 --> 00:36:56,100
arbitrary, you've got no idea

1117
00:36:56,100 --> 00:36:58,560
because you don't know what what

1118
00:36:59,370 --> 00:37:01,140
what growth that you're going to

1119
00:37:01,140 --> 00:37:03,270
have in the future, another war

1120
00:37:03,270 --> 00:37:05,370
could come along. And we could

1121
00:37:05,370 --> 00:37:08,460
go into recession. Nobody knows.

1122
00:37:08,460 --> 00:37:10,080
It's, it's a total stab in the

1123
00:37:10,080 --> 00:37:12,780
dark. So this, again, what this

1124
00:37:12,780 --> 00:37:14,640
stuff seems to boil down to

1125
00:37:14,640 --> 00:37:18,150
really is wishful thinking. But

1126
00:37:18,150 --> 00:37:21,390
also, it's, it's almost like

1127
00:37:21,390 --> 00:37:26,040
divorcing real economic activity

1128
00:37:26,580 --> 00:37:30,270
from this new model, based on

1129
00:37:30,270 --> 00:37:33,180
projections and sort of

1130
00:37:33,240 --> 00:37:36,390
arbitrary arbitrary guesswork,

1131
00:37:37,560 --> 00:37:39,690
you know, this, this is purely

1132
00:37:39,690 --> 00:37:41,880
and simply to enable the whole

1133
00:37:41,880 --> 00:37:44,010
thing to proceed forward so that

1134
00:37:45,180 --> 00:37:46,320
these, you know, the the

1135
00:37:46,320 --> 00:37:48,210
financialization of nature can

1136
00:37:48,210 --> 00:37:50,250
take place, and carbon markets

1137
00:37:50,250 --> 00:37:52,290
can take place. So it's a

1138
00:37:52,290 --> 00:37:54,120
commitment. Right, it's a

1139
00:37:54,120 --> 00:37:55,500
commitment. And so basically,

1140
00:37:55,500 --> 00:37:57,000
what you're having there is that

1141
00:37:57,030 --> 00:37:58,350
what what they basically admit

1142
00:37:58,350 --> 00:38:00,630
here, that the world that the

1143
00:38:00,630 --> 00:38:02,910
World Bank admitted is that debt

1144
00:38:02,940 --> 00:38:04,770
is a critical form of financing

1145
00:38:04,770 --> 00:38:06,060
for the sustainable development

1146
00:38:06,060 --> 00:38:07,440
goals. And that's a direct quote

1147
00:38:07,440 --> 00:38:09,030
from them. So like we've been

1148
00:38:09,030 --> 00:38:10,770
talking about, basically, the

1149
00:38:10,770 --> 00:38:12,900
idea of having a sustainable

1150
00:38:12,900 --> 00:38:14,580
economy, sustainable economic

1151
00:38:14,580 --> 00:38:15,960
growth, as these people define

1152
00:38:15,960 --> 00:38:19,230
it includes having the amount of

1153
00:38:19,230 --> 00:38:21,270
capital freed up to implement

1154
00:38:21,630 --> 00:38:24,510
the SDGs. As you know, the UN is

1155
00:38:24,510 --> 00:38:26,520
defining them or, you know, the

1156
00:38:26,550 --> 00:38:27,630
private public private

1157
00:38:27,630 --> 00:38:28,860
partnerships that are behind the

1158
00:38:28,860 --> 00:38:30,030
SDGs that are basically

1159
00:38:30,030 --> 00:38:32,760
designing how these goals are

1160
00:38:32,760 --> 00:38:35,790
being implemented. And if the UN

1161
00:38:35,790 --> 00:38:37,200
a lot of countries don't have

1162
00:38:37,200 --> 00:38:40,050
that money, and the UN and these

1163
00:38:40,050 --> 00:38:42,510
entities know that. And so, it

1164
00:38:42,510 --> 00:38:44,130
basically, they're required

1165
00:38:44,130 --> 00:38:45,690
through their commitment to

1166
00:38:45,720 --> 00:38:47,490
agenda 2030 to take on a

1167
00:38:47,490 --> 00:38:49,830
considerable amount of debt in

1168
00:38:49,830 --> 00:38:51,300
order to implement these goals.

1169
00:38:51,300 --> 00:38:54,090
And by doing so that's basically

1170
00:38:54,090 --> 00:38:55,680
deemed sustainable economic

1171
00:38:55,680 --> 00:38:58,080
growth. Right. Yeah. Yeah. I

1172
00:38:58,110 --> 00:38:59,700
mean, it's crazy stuff, which is

1173
00:38:59,700 --> 00:39:02,040
just madness, because basically,

1174
00:39:02,070 --> 00:39:03,600
you know, you're having the same

1175
00:39:03,630 --> 00:39:06,030
debt imperialism that has

1176
00:39:06,030 --> 00:39:07,860
characterized the post world war

1177
00:39:07,860 --> 00:39:09,570
two era ever since these

1178
00:39:09,570 --> 00:39:11,580
entities like the IMF, and these

1179
00:39:11,580 --> 00:39:12,900
other, you know, global

1180
00:39:12,900 --> 00:39:14,910
financial institutions and in

1181
00:39:14,910 --> 00:39:16,080
development bank's, you know,

1182
00:39:16,080 --> 00:39:17,160
since they've really been on the

1183
00:39:17,160 --> 00:39:17,940
scene, you know, they've

1184
00:39:17,940 --> 00:39:20,340
basically been wielded by the

1185
00:39:20,340 --> 00:39:21,450
United States, in their, in

1186
00:39:21,450 --> 00:39:23,100
their allies, even admitted by

1187
00:39:23,100 --> 00:39:24,660
the US military, as I point out

1188
00:39:24,660 --> 00:39:26,070
in the article as financial

1189
00:39:26,070 --> 00:39:28,680
weapons to force particularly

1190
00:39:28,740 --> 00:39:30,120
countries in the developing

1191
00:39:30,120 --> 00:39:32,040
world to adopt policies they

1192
00:39:32,040 --> 00:39:33,390
otherwise wanted to wanted to

1193
00:39:33,390 --> 00:39:35,700
adopt. And this includes, you

1194
00:39:35,700 --> 00:39:37,260
know, in the past what we saw,

1195
00:39:37,290 --> 00:39:38,490
you know, the IMF is probably

1196
00:39:38,490 --> 00:39:39,960
the best known example, and

1197
00:39:39,960 --> 00:39:42,180
places like Argentina, in places

1198
00:39:42,180 --> 00:39:43,590
like Greece, you know, all over

1199
00:39:43,590 --> 00:39:44,760
the world, really, that they

1200
00:39:44,760 --> 00:39:46,080
have to implement austerity,

1201
00:39:46,080 --> 00:39:48,000
they have to privatize their

1202
00:39:48,000 --> 00:39:51,330
public assets, they have to and

1203
00:39:51,330 --> 00:39:51,930
they have to, you know,

1204
00:39:51,930 --> 00:39:53,400
basically almost always sell it

1205
00:39:53,400 --> 00:39:55,500
up to multinational foreign

1206
00:39:55,500 --> 00:39:57,630
multinational corporations, or

1207
00:39:57,630 --> 00:39:59,490
they, you know, or things of

1208
00:39:59,490 --> 00:40:00,000
that nature.

1209
00:40:00,000 --> 00:40:01,200
that are obviously not in their

1210
00:40:01,200 --> 00:40:05,340
national interest to do. And so

1211
00:40:05,340 --> 00:40:06,300
basically what you're seeing

1212
00:40:06,300 --> 00:40:08,730
here is the call to do the same.

1213
00:40:10,769 --> 00:40:12,089
But dress it up as something

1214
00:40:12,089 --> 00:40:13,439
different, you know, and it's

1215
00:40:13,439 --> 00:40:14,549
basically being framed as

1216
00:40:14,549 --> 00:40:16,079
something that's a policies that

1217
00:40:16,079 --> 00:40:17,999
are coming from the left, when

1218
00:40:17,999 --> 00:40:19,469
it's really been, you know, the

1219
00:40:19,469 --> 00:40:20,999
left that in the past has

1220
00:40:20,999 --> 00:40:22,229
criticized the use of these

1221
00:40:22,229 --> 00:40:23,669
institutions, and also people on

1222
00:40:23,669 --> 00:40:24,449
the right. I mean, it's not

1223
00:40:24,449 --> 00:40:26,009
necessarily a left right thing.

1224
00:40:26,639 --> 00:40:27,839
But more often than not, you

1225
00:40:27,839 --> 00:40:29,129
know, at least in my experience

1226
00:40:29,129 --> 00:40:31,499
living in Latin America, no one

1227
00:40:31,499 --> 00:40:33,419
really likes the IMF down here.

1228
00:40:33,539 --> 00:40:34,709
But it tends to be the people

1229
00:40:34,709 --> 00:40:36,449
that are most vocal about it are

1230
00:40:36,449 --> 00:40:38,369
people on the left more often

1231
00:40:38,369 --> 00:40:40,109
than not. So it's just

1232
00:40:40,109 --> 00:40:41,789
interesting, again, that, you

1233
00:40:41,789 --> 00:40:44,729
know, the role of debt slavery

1234
00:40:46,080 --> 00:40:48,090
is very major when it comes to

1235
00:40:48,090 --> 00:40:50,610
the SDGs. And particularly

1236
00:40:50,610 --> 00:40:52,230
disturbing about all of this is

1237
00:40:52,230 --> 00:40:54,930
the the plans of G fans, which

1238
00:40:54,930 --> 00:40:55,980
we've mentioned a couple of

1239
00:40:55,980 --> 00:40:58,710
times, which is the Glasgow

1240
00:40:58,710 --> 00:41:00,960
financial alliance for net zero.

1241
00:41:01,440 --> 00:41:04,020
This was launched by John Kerry

1242
00:41:04,230 --> 00:41:06,570
and Janet Yellen, both US

1243
00:41:06,570 --> 00:41:08,490
officials, as well as Mark

1244
00:41:08,490 --> 00:41:11,880
Carney, who is the former chair

1245
00:41:11,880 --> 00:41:13,260
of the Bank of England and Bank

1246
00:41:13,260 --> 00:41:15,420
of Canada. I believe he's also I

1247
00:41:15,420 --> 00:41:16,590
forget what Wall Street bank

1248
00:41:16,590 --> 00:41:18,600
he's from. Originally, it might

1249
00:41:18,600 --> 00:41:19,830
be Goldman Sachs, but I'm not

1250
00:41:19,830 --> 00:41:22,950
100% on that. And he

1251
00:41:24,510 --> 00:41:27,240
used to I think he's also Yeah,

1252
00:41:27,240 --> 00:41:29,040
the UK Prime Minister's finance

1253
00:41:29,040 --> 00:41:30,570
advisor for the cop 26

1254
00:41:30,570 --> 00:41:31,650
conference last year, he'll

1255
00:41:31,650 --> 00:41:33,330
probably play that role again,

1256
00:41:33,330 --> 00:41:35,130
at COP 27. It certainly wouldn't

1257
00:41:35,130 --> 00:41:36,390
surprise me that basically, you

1258
00:41:36,390 --> 00:41:38,940
have the US and UK Governments

1259
00:41:38,940 --> 00:41:40,740
behind GE fans. And so those are

1260
00:41:40,740 --> 00:41:41,880
the governments, as I mentioned

1261
00:41:41,880 --> 00:41:43,050
earlier, that have historically

1262
00:41:43,050 --> 00:41:46,200
wielded, you know, the IMF and

1263
00:41:46,200 --> 00:41:47,490
the World Bank and the the

1264
00:41:47,490 --> 00:41:48,960
multilateral development bank's

1265
00:41:48,990 --> 00:41:51,060
as as financial weapons. And

1266
00:41:51,060 --> 00:41:52,680
this has openly again, admitted

1267
00:41:52,680 --> 00:41:55,320
in US military documents, yeah,

1268
00:41:55,590 --> 00:41:57,900
as a weapon of unconventional

1269
00:41:57,900 --> 00:41:59,820
warfare. And so it's, you know,

1270
00:41:59,820 --> 00:42:01,230
the new iteration of those

1271
00:42:01,230 --> 00:42:02,670
governments is basically looking

1272
00:42:02,670 --> 00:42:06,210
to reimagine the World Bank. And

1273
00:42:06,210 --> 00:42:08,070
the IMF for this particular

1274
00:42:08,070 --> 00:42:10,020
purpose, ostensibly for net zero

1275
00:42:10,050 --> 00:42:13,260
and g fans is co chaired not

1276
00:42:13,260 --> 00:42:14,790
just by Mark Carney, but by Mike

1277
00:42:14,790 --> 00:42:16,380
Bloomberg, you know, the former

1278
00:42:16,380 --> 00:42:17,460
New York, New York, New York,

1279
00:42:17,970 --> 00:42:19,680
formerly Salomon Brothers, I

1280
00:42:19,680 --> 00:42:21,390
believe, and, you know, a

1281
00:42:21,390 --> 00:42:23,250
banking billionaire, basically,

1282
00:42:23,310 --> 00:42:25,830
in media billionaire. So these

1283
00:42:25,830 --> 00:42:27,840
are the people that are in the,

1284
00:42:27,870 --> 00:42:29,190
you know, in the race to net

1285
00:42:29,190 --> 00:42:32,790
zero. And if no, I wrote about

1286
00:42:32,790 --> 00:42:33,750
them last year, and you

1287
00:42:33,750 --> 00:42:36,780
basically, I quoted Boris

1288
00:42:36,780 --> 00:42:39,390
Johnson, who was then UK Prime

1289
00:42:39,390 --> 00:42:42,360
Minister, he described G fans

1290
00:42:42,360 --> 00:42:44,250
as, quote, uniting the world's

1291
00:42:44,250 --> 00:42:46,080
banks and financial institutions

1292
00:42:46,080 --> 00:42:47,400
behind the global transition to

1293
00:42:47,400 --> 00:42:49,200
net zero. And then you had John

1294
00:42:49,200 --> 00:42:50,970
Kerry say, quote, the largest

1295
00:42:50,970 --> 00:42:52,290
financial players in the world

1296
00:42:52,290 --> 00:42:53,850
recognize energy transition

1297
00:42:53,850 --> 00:42:55,800
represents a vast commercial

1298
00:42:55,830 --> 00:42:57,480
opportunity. So if you take

1299
00:42:57,480 --> 00:42:59,610
those two comments together, G

1300
00:42:59,610 --> 00:43:00,780
fans unites the world's most

1301
00:43:00,780 --> 00:43:02,100
powerful banks and financial

1302
00:43:02,100 --> 00:43:04,200
institutions behind what it sees

1303
00:43:04,200 --> 00:43:06,060
first and foremost as a vast

1304
00:43:06,060 --> 00:43:07,830
commercial opportunity, the

1305
00:43:07,830 --> 00:43:09,150
exploitation of which it is

1306
00:43:09,150 --> 00:43:10,770
marketing as a planetary

1307
00:43:10,770 --> 00:43:12,360
imperative. And you know, that's

1308
00:43:12,360 --> 00:43:13,560
pretty much how this whole thing

1309
00:43:15,420 --> 00:43:16,680
is operating at the end of the

1310
00:43:16,680 --> 00:43:19,740
day. But gee fans, I guess it

1311
00:43:19,740 --> 00:43:21,690
wasn't, yeah, November of last

1312
00:43:21,690 --> 00:43:23,580
year in time for cop 26. And I'm

1313
00:43:23,580 --> 00:43:24,960
sure they'll have a new Progress

1314
00:43:24,960 --> 00:43:28,260
Report by this November. But in

1315
00:43:28,260 --> 00:43:30,090
there, they basically

1316
00:43:31,410 --> 00:43:34,590
pitch the idea of changing the

1317
00:43:34,590 --> 00:43:36,300
World Bank and the IMF changing

1318
00:43:36,300 --> 00:43:38,100
their charters, to basically

1319
00:43:38,100 --> 00:43:40,350
merge them with private

1320
00:43:40,380 --> 00:43:41,970
financial institutions,

1321
00:43:42,540 --> 00:43:43,830
specifically, the financial

1322
00:43:43,830 --> 00:43:45,330
institutions that compose g

1323
00:43:45,330 --> 00:43:47,220
fans. And so GE fans, you know,

1324
00:43:47,220 --> 00:43:49,320
it's led by Mark Carney and, and

1325
00:43:49,320 --> 00:43:50,340
Mike Bloomberg, but it's

1326
00:43:50,340 --> 00:43:51,510
actually a lot more than that.

1327
00:43:51,510 --> 00:43:53,160
So it's, and you've mentioned

1328
00:43:53,160 --> 00:43:54,180
this in some of your interviews

1329
00:43:54,180 --> 00:43:55,530
about this, and I believe, too,

1330
00:43:55,530 --> 00:43:56,700
that it's composed of several

1331
00:43:56,790 --> 00:44:00,750
sub alliances, I guess. So G

1332
00:44:00,750 --> 00:44:02,820
fans includes, for example, the

1333
00:44:02,820 --> 00:44:05,280
net zero asset owner Alliance,

1334
00:44:05,430 --> 00:44:07,890
the net zero banking Alliance,

1335
00:44:08,010 --> 00:44:10,320
and the net zero asset managers

1336
00:44:10,410 --> 00:44:12,540
initiative. And all of these

1337
00:44:12,540 --> 00:44:13,740
come together. And if you look

1338
00:44:13,740 --> 00:44:15,810
at the people who dominate GE,

1339
00:44:15,810 --> 00:44:17,280
France's executive board, aside

1340
00:44:17,280 --> 00:44:18,600
from the co chairs, right, you

1341
00:44:18,600 --> 00:44:20,760
have Larry Fink of Blackrock,

1342
00:44:20,940 --> 00:44:23,310
Citigroup, Bank of America,

1343
00:44:23,340 --> 00:44:27,300
Santander Bank, HSBC, CEO of the

1344
00:44:27,300 --> 00:44:29,340
London Stock Exchange group and

1345
00:44:29,340 --> 00:44:30,270
chair of the Investment

1346
00:44:30,270 --> 00:44:31,170
Committee of the David

1347
00:44:31,170 --> 00:44:34,140
Rockefeller Fund. So, you know,

1348
00:44:34,140 --> 00:44:35,790
these are really the the people

1349
00:44:36,390 --> 00:44:38,340
planning you know, this out,

1350
00:44:38,370 --> 00:44:39,720
they're part of this race to net

1351
00:44:39,720 --> 00:44:42,750
zero stuff. They're also you

1352
00:44:42,750 --> 00:44:43,890
know, what we mentioned earlier,

1353
00:44:43,890 --> 00:44:44,850
the whole financially

1354
00:44:44,880 --> 00:44:46,410
financialization of nature in

1355
00:44:46,410 --> 00:44:48,150
the natural asset corporations,

1356
00:44:48,150 --> 00:44:50,400
you have a lot of linkages there

1357
00:44:50,400 --> 00:44:51,960
as well. But what's particularly

1358
00:44:51,960 --> 00:44:53,490
concerning is that these

1359
00:44:53,490 --> 00:44:54,900
institutions I've just named

1360
00:44:54,900 --> 00:44:57,000
that compose g fans are

1361
00:44:57,720 --> 00:44:59,670
promoting the idea backed by the

1362
00:44:59,670 --> 00:45:00,000
US

1363
00:45:00,000 --> 00:45:02,550
and ostensibly, because the GE

1364
00:45:02,550 --> 00:45:04,650
fans is un supported, that

1365
00:45:04,680 --> 00:45:06,300
they're the institutions it

1366
00:45:06,300 --> 00:45:07,890
represents essentially merged

1367
00:45:07,890 --> 00:45:08,250
with

1368
00:45:09,420 --> 00:45:12,000
the World Bank, the multilateral

1369
00:45:12,000 --> 00:45:12,960
development bank's that are

1370
00:45:12,960 --> 00:45:14,250
around the World Bank and the

1371
00:45:14,250 --> 00:45:17,820
IMF. And that's madness. I don't

1372
00:45:17,820 --> 00:45:19,020
have any other word for that.

1373
00:45:19,020 --> 00:45:21,960
Yeah. Yes. You know, there was

1374
00:45:21,960 --> 00:45:23,100
you mentioned earlier, you've

1375
00:45:23,100 --> 00:45:24,720
got the most undoubtedly the

1376
00:45:24,720 --> 00:45:26,400
most predatory capitalist

1377
00:45:26,400 --> 00:45:28,050
organizations on the planet.

1378
00:45:29,190 --> 00:45:31,440
directly involved with,

1379
00:45:32,790 --> 00:45:35,970
through G fans, through through

1380
00:45:36,030 --> 00:45:39,150
basically rolling out debt

1381
00:45:39,150 --> 00:45:41,010
obligations to developing

1382
00:45:41,010 --> 00:45:42,720
nations and, and developed

1383
00:45:42,720 --> 00:45:45,660
nations as well. But, but it is

1384
00:45:45,660 --> 00:45:46,800
particularly hard upon

1385
00:45:46,800 --> 00:45:49,080
developing nations, because one

1386
00:45:49,080 --> 00:45:50,910
thing is for sure, for

1387
00:45:50,910 --> 00:45:53,100
developing nations sustainable

1388
00:45:53,100 --> 00:45:54,870
development doesn't mean

1389
00:45:54,870 --> 00:45:56,850
development. You know,

1390
00:45:58,170 --> 00:45:59,550
developing nations have been,

1391
00:45:59,550 --> 00:46:01,230
you know, the, if anything, the

1392
00:46:01,230 --> 00:46:03,330
promise of modern technology

1393
00:46:03,900 --> 00:46:06,510
enables development for

1394
00:46:07,470 --> 00:46:09,630
theoretically, it could enable

1395
00:46:09,630 --> 00:46:11,220
development on a much larger

1396
00:46:11,220 --> 00:46:12,930
scale, because it reduces the

1397
00:46:12,930 --> 00:46:14,160
cost of that development

1398
00:46:14,160 --> 00:46:17,100
significantly. So countries

1399
00:46:17,100 --> 00:46:19,140
across the global south could be

1400
00:46:19,140 --> 00:46:20,940
looking forward to a brighter

1401
00:46:20,940 --> 00:46:23,250
economic future because, and a

1402
00:46:23,280 --> 00:46:25,410
brighter, a brighter future in

1403
00:46:25,410 --> 00:46:27,030
in every sense, because they

1404
00:46:27,030 --> 00:46:30,270
could enjoy the fruits of what

1405
00:46:30,300 --> 00:46:32,130
the transition that we went

1406
00:46:32,130 --> 00:46:33,930
through in the in the northern

1407
00:46:33,930 --> 00:46:35,400
hemisphere and in the West food

1408
00:46:35,400 --> 00:46:36,870
through in the industrial

1409
00:46:36,870 --> 00:46:38,580
revolution, they could, they

1410
00:46:38,580 --> 00:46:40,950
could effectively achieve that

1411
00:46:40,950 --> 00:46:44,220
with, with, possibly with less

1412
00:46:44,220 --> 00:46:45,900
resources needed in order to

1413
00:46:45,900 --> 00:46:47,280
achieve a similar level of

1414
00:46:47,280 --> 00:46:48,570
development, which would be

1415
00:46:48,570 --> 00:46:50,490
fantastic. But of course, the

1416
00:46:50,490 --> 00:46:54,300
whole point of it seems, of

1417
00:46:54,300 --> 00:46:55,830
sustainable development is to

1418
00:46:55,830 --> 00:46:58,140
stop their development. So they

1419
00:46:58,140 --> 00:47:00,420
don't, they don't get to enjoy

1420
00:47:00,420 --> 00:47:01,800
the development that the rest of

1421
00:47:01,800 --> 00:47:03,810
the world has enjoyed. Because

1422
00:47:04,440 --> 00:47:05,970
we're now we're faced with this

1423
00:47:06,000 --> 00:47:08,070
dire climate crisis, and they're

1424
00:47:08,070 --> 00:47:10,350
gonna, you know, they, all of us

1425
00:47:10,890 --> 00:47:15,480
can no longer afford to, to plow

1426
00:47:15,480 --> 00:47:18,180
ahead with normal economic

1427
00:47:18,180 --> 00:47:19,650
activity, as we have been doing

1428
00:47:19,650 --> 00:47:22,110
over the last 200 years. And

1429
00:47:22,110 --> 00:47:23,730
that comes particularly at the

1430
00:47:23,730 --> 00:47:25,230
expense of developing nations,

1431
00:47:25,230 --> 00:47:26,310
you aren't going to get the same

1432
00:47:26,310 --> 00:47:28,500
opportunities. And this has been

1433
00:47:28,500 --> 00:47:30,510
done by, as you quite rightly

1434
00:47:30,510 --> 00:47:33,570
said, some of the most predatory

1435
00:47:33,570 --> 00:47:35,370
financial institutions on Earth.

1436
00:47:35,370 --> 00:47:38,670
So I mean, why just, it just

1437
00:47:38,670 --> 00:47:40,860
makes absolutely no sense. So

1438
00:47:40,890 --> 00:47:42,270
again, it's this urgency,

1439
00:47:42,630 --> 00:47:45,120
marketing, don't think about it,

1440
00:47:45,240 --> 00:47:46,620
we just have to do it. And you

1441
00:47:46,620 --> 00:47:48,090
see that with a lot of the the

1442
00:47:48,120 --> 00:47:50,130
most elevated of the climate

1443
00:47:50,130 --> 00:47:52,590
activists, you know, obviously,

1444
00:47:52,590 --> 00:47:53,430
everyone knows about Greta

1445
00:47:53,430 --> 00:47:54,390
Thunberg. But there's other

1446
00:47:54,420 --> 00:47:55,800
examples too. And they're just

1447
00:47:55,800 --> 00:47:57,690
saying, take action, now do this

1448
00:47:57,690 --> 00:48:00,600
now. implement solutions now.

1449
00:48:00,600 --> 00:48:01,950
But they don't necessarily say

1450
00:48:01,950 --> 00:48:03,060
you know, what those solutions

1451
00:48:03,060 --> 00:48:04,440
are point per point. And if

1452
00:48:04,440 --> 00:48:05,430
you're going to, you know,

1453
00:48:05,970 --> 00:48:07,380
outsource responsibility for

1454
00:48:07,380 --> 00:48:09,270
developing solutions to the UN,

1455
00:48:09,450 --> 00:48:11,280
the UN is handed to the bankers,

1456
00:48:11,370 --> 00:48:12,600
that's what they've done. And

1457
00:48:12,600 --> 00:48:15,330
so, you know, isn't really

1458
00:48:15,330 --> 00:48:18,150
sustainable development, to

1459
00:48:18,150 --> 00:48:20,490
basically get let bankers be in

1460
00:48:20,490 --> 00:48:21,930
charge of transforming the state

1461
00:48:21,930 --> 00:48:24,060
of the world. It's, that's

1462
00:48:24,060 --> 00:48:26,250
madness. But apparently, people

1463
00:48:26,250 --> 00:48:27,690
are content to not look any

1464
00:48:27,690 --> 00:48:30,150
deeper and, like the marketing

1465
00:48:30,150 --> 00:48:31,530
very much, and so they'll just

1466
00:48:31,530 --> 00:48:33,060
leave it at that. But it's, um,

1467
00:48:33,570 --> 00:48:35,280
it's definitely very distressing

1468
00:48:35,280 --> 00:48:37,050
for those of us that are paying

1469
00:48:37,050 --> 00:48:38,580
attention to this type of stuff.

1470
00:48:38,730 --> 00:48:39,840
Because you know, if you're

1471
00:48:39,840 --> 00:48:42,000
against US Empire, or the Anglo

1472
00:48:42,000 --> 00:48:43,230
American Empire, whatever you

1473
00:48:43,230 --> 00:48:45,270
want to call it, and against

1474
00:48:45,270 --> 00:48:47,310
their use of debt imperialism in

1475
00:48:47,310 --> 00:48:49,560
the post world war two era to

1476
00:48:49,860 --> 00:48:52,080
basically entrap the developing

1477
00:48:52,080 --> 00:48:54,510
world in debt slavery, why would

1478
00:48:54,540 --> 00:48:56,190
giving those financial weapons

1479
00:48:56,190 --> 00:48:57,990
to the fucking bankers be any

1480
00:48:57,990 --> 00:49:00,180
better? Excuse my language, but

1481
00:49:00,180 --> 00:49:01,980
it's just, it's just so insane.

1482
00:49:02,880 --> 00:49:04,200
I don't know how to get through

1483
00:49:04,200 --> 00:49:05,040
to people like

1484
00:49:06,780 --> 00:49:07,890
literally the worst people to

1485
00:49:07,890 --> 00:49:10,050
give anything to, and they're

1486
00:49:10,080 --> 00:49:11,610
basically about to get away with

1487
00:49:11,610 --> 00:49:13,440
this. I mean, I caught 26. I

1488
00:49:13,440 --> 00:49:14,820
noted in my article on it that

1489
00:49:14,820 --> 00:49:15,990
Larry Fink of Blackrock

1490
00:49:15,990 --> 00:49:17,250
Blackrock owns practically

1491
00:49:17,250 --> 00:49:18,780
everything at this point. And

1492
00:49:18,780 --> 00:49:20,520
black, BlackRock and Vanguard

1493
00:49:20,550 --> 00:49:23,220
are poised according to recent

1494
00:49:23,220 --> 00:49:24,540
reports, to basically own

1495
00:49:24,540 --> 00:49:27,240
everything by 2028. Yeah. And

1496
00:49:27,240 --> 00:49:29,460
he's saying we have to reimagine

1497
00:49:30,060 --> 00:49:31,620
the charter of the World Bank

1498
00:49:31,620 --> 00:49:33,330
and the IMF, and this past week

1499
00:49:33,330 --> 00:49:34,320
at the Clinton Global

1500
00:49:34,320 --> 00:49:36,180
Initiative, which unfortunately,

1501
00:49:36,180 --> 00:49:38,070
is now happening again, after a

1502
00:49:38,220 --> 00:49:39,960
several year absence. Wasn't

1503
00:49:39,960 --> 00:49:41,580
that nice, but now it's back.

1504
00:49:41,730 --> 00:49:44,400
And Larry Fink. Again, repeated

1505
00:49:44,400 --> 00:49:45,660
the stuff about we need to

1506
00:49:45,660 --> 00:49:47,580
reimagine the Charters of the

1507
00:49:47,580 --> 00:49:49,020
World Bank and the IMF. If we

1508
00:49:49,020 --> 00:49:50,070
want to get serious about

1509
00:49:50,070 --> 00:49:51,300
climate change and everyone in

1510
00:49:51,330 --> 00:49:52,680
the Clinton Global Initiative,

1511
00:49:53,340 --> 00:49:54,900
or Clinton Global Initiative, it

1512
00:49:54,900 --> 00:49:56,550
should probably be called, you

1513
00:49:56,550 --> 00:49:58,260
know, we're, we're, you know,

1514
00:49:58,260 --> 00:49:59,970
thunderous applause for

1515
00:50:00,000 --> 00:50:02,550
was with Larry Fink statement.

1516
00:50:03,480 --> 00:50:04,500
Yeah. And I mean, I think that

1517
00:50:04,500 --> 00:50:06,360
you also very important thing

1518
00:50:06,360 --> 00:50:07,500
that you said that it is, as you

1519
00:50:07,500 --> 00:50:08,850
rightly said, it's the it's the

1520
00:50:08,850 --> 00:50:11,520
left that are predominantly

1521
00:50:11,520 --> 00:50:12,690
throwing their weight behind

1522
00:50:12,690 --> 00:50:13,560
this because you know, it

1523
00:50:13,560 --> 00:50:15,780
appeals obviously to the to. And

1524
00:50:15,780 --> 00:50:17,880
it's a really clever trick you

1525
00:50:17,880 --> 00:50:19,170
think when you think about it

1526
00:50:19,170 --> 00:50:20,610
what they've pulled, because

1527
00:50:20,610 --> 00:50:21,720
they have managed to put

1528
00:50:21,750 --> 00:50:25,260
rampant, rampant crony

1529
00:50:25,260 --> 00:50:26,250
capitalism

1530
00:50:27,300 --> 00:50:30,270
at the heart of what sounds

1531
00:50:30,270 --> 00:50:32,700
like, you know, a social or

1532
00:50:32,700 --> 00:50:35,880
socially progressive agenda. So

1533
00:50:35,880 --> 00:50:38,190
that's clever stuff. So they

1534
00:50:38,220 --> 00:50:39,300
managed to pick they have

1535
00:50:39,300 --> 00:50:42,180
managed to pitch exactly that

1536
00:50:42,180 --> 00:50:44,130
the hardest form of predatory

1537
00:50:44,130 --> 00:50:45,870
capitalism, they've managed to

1538
00:50:45,870 --> 00:50:48,000
pitch that as a socially

1539
00:50:48,000 --> 00:50:50,550
responsible way forward, which

1540
00:50:50,550 --> 00:50:53,220
is so genius. Yeah, well, it's

1541
00:50:53,220 --> 00:50:54,270
even, it's even worse than you

1542
00:50:54,270 --> 00:50:55,470
think. So a lot of the pilot

1543
00:50:55,470 --> 00:50:56,580
programs for a lot of this

1544
00:50:56,580 --> 00:50:58,560
predatory stuff in the emerging

1545
00:50:58,560 --> 00:50:59,970
world, it's happening in Latin

1546
00:50:59,970 --> 00:51:02,250
America, to a greater degree

1547
00:51:02,250 --> 00:51:03,210
than it's even happening in

1548
00:51:03,210 --> 00:51:05,160
Africa. And so what you're

1549
00:51:05,160 --> 00:51:07,920
seeing are the so called Return

1550
00:51:07,920 --> 00:51:09,630
of the pink tide, as it's

1551
00:51:09,630 --> 00:51:10,890
sometimes called to Latin

1552
00:51:10,890 --> 00:51:12,150
America. At the same time,

1553
00:51:12,450 --> 00:51:13,440
you're having these quote

1554
00:51:13,440 --> 00:51:14,640
unquote, they're described,

1555
00:51:14,640 --> 00:51:15,840
they're described in the media

1556
00:51:15,840 --> 00:51:18,600
as socialist leaders coming to

1557
00:51:18,600 --> 00:51:20,670
power in Latin America. And it's

1558
00:51:20,670 --> 00:51:22,140
being widely praised by by

1559
00:51:22,140 --> 00:51:24,240
leftists in the English speaking

1560
00:51:24,240 --> 00:51:24,660
world.

1561
00:51:25,980 --> 00:51:27,240
You know, but I want to call

1562
00:51:27,240 --> 00:51:28,200
someone like you know,

1563
00:51:28,200 --> 00:51:29,640
Argentina's current government

1564
00:51:29,670 --> 00:51:31,980
with Cristina Kirchner left

1565
00:51:31,980 --> 00:51:34,110
leftist, especially if you look

1566
00:51:34,110 --> 00:51:35,670
at, you know, how that family

1567
00:51:35,670 --> 00:51:37,500
has operated, you know, over the

1568
00:51:37,500 --> 00:51:39,090
past several decades, you know,

1569
00:51:39,090 --> 00:51:42,690
it's not relief. And then you

1570
00:51:42,690 --> 00:51:43,800
have someone like Gabrielle

1571
00:51:43,800 --> 00:51:45,420
boric, coming to power in Chile,

1572
00:51:45,420 --> 00:51:47,520
you have Gustavo Petro coming to

1573
00:51:47,520 --> 00:51:50,220
power in Colombia. Colombia, is

1574
00:51:50,220 --> 00:51:51,450
a very tightly controlled

1575
00:51:51,450 --> 00:51:53,370
country, specifically by the

1576
00:51:53,370 --> 00:51:56,040
Anglo American Empire. That's

1577
00:51:56,040 --> 00:51:57,330
why they've been forced to have

1578
00:51:57,330 --> 00:51:58,830
right wing governments nonstop

1579
00:51:58,830 --> 00:52:00,330
for a very long time. It's very

1580
00:52:00,600 --> 00:52:02,340
important in the narco trade,

1581
00:52:02,340 --> 00:52:04,200
very important to intelligence

1582
00:52:04,200 --> 00:52:05,790
agencies and national security

1583
00:52:05,790 --> 00:52:06,270
states

1584
00:52:07,530 --> 00:52:10,350
of the US Empire, they, you

1585
00:52:10,350 --> 00:52:12,450
know, this guy's, in my opinion,

1586
00:52:12,450 --> 00:52:14,010
has been allowed to come to

1587
00:52:14,010 --> 00:52:15,750
power for particular reason. And

1588
00:52:15,750 --> 00:52:17,970
it's no coincidence that he pops

1589
00:52:17,970 --> 00:52:21,000
up and is basically like, you

1590
00:52:21,000 --> 00:52:21,870
know, I mean, he's going to all

1591
00:52:21,870 --> 00:52:23,520
these climate functions. As I

1592
00:52:23,520 --> 00:52:25,140
noted on Twitter the other day,

1593
00:52:25,140 --> 00:52:26,430
Mike Bloomberg was really

1594
00:52:26,430 --> 00:52:28,020
singing his praises after this

1595
00:52:28,020 --> 00:52:30,090
most recent UN Climate Summit

1596
00:52:30,090 --> 00:52:32,190
that Petro was participating in.

1597
00:52:32,520 --> 00:52:33,870
And if these are really, you

1598
00:52:33,870 --> 00:52:35,700
know, upstart democratic

1599
00:52:35,700 --> 00:52:36,960
socialists in the model of

1600
00:52:36,960 --> 00:52:38,250
Salvador Allende, and these

1601
00:52:38,250 --> 00:52:39,540
other people that were deposed,

1602
00:52:39,540 --> 00:52:41,670
unchoose CIA back who's around

1603
00:52:41,670 --> 00:52:44,190
South America, and decades past,

1604
00:52:44,190 --> 00:52:45,060
if they're really, you know, the

1605
00:52:45,060 --> 00:52:47,250
successors, to those types of

1606
00:52:47,250 --> 00:52:49,350
people, historically, people

1607
00:52:49,350 --> 00:52:50,400
like Mike Bloomberg would have

1608
00:52:50,400 --> 00:52:53,040
been like, you know, get rid of

1609
00:52:53,040 --> 00:52:54,690
this guy. They wouldn't be like

1610
00:52:54,720 --> 00:52:56,130
applauding them, you know what I

1611
00:52:56,130 --> 00:52:58,410
mean? So I think, especially now

1612
00:52:58,410 --> 00:52:59,610
that we're on the eve of

1613
00:52:59,850 --> 00:53:01,320
Brazil's election, you know,

1614
00:53:01,320 --> 00:53:02,340
you're probably most likely

1615
00:53:02,340 --> 00:53:03,570
going to have Lula replaced

1616
00:53:03,570 --> 00:53:05,610
Bolsonaro Bolson. Bolsonaro is

1617
00:53:05,670 --> 00:53:07,650
very not liked by this

1618
00:53:07,650 --> 00:53:08,940
particular group we're talking

1619
00:53:08,940 --> 00:53:09,300
about.

1620
00:53:10,890 --> 00:53:12,930
And, you know, it's, it's very

1621
00:53:12,930 --> 00:53:14,670
likely that this pink tide, you

1622
00:53:14,670 --> 00:53:15,330
know, they're going to be

1623
00:53:15,330 --> 00:53:16,800
framing it is, you know,

1624
00:53:16,830 --> 00:53:18,750
basically, I see it is what

1625
00:53:18,750 --> 00:53:19,710
they're doing with bork, and

1626
00:53:19,710 --> 00:53:20,970
Chile, you know, they're

1627
00:53:20,970 --> 00:53:22,740
marketing it as hopium, sort of

1628
00:53:22,740 --> 00:53:24,510
like Obama was in the US hope

1629
00:53:24,510 --> 00:53:26,160
and changes here. But then they

1630
00:53:26,160 --> 00:53:27,120
don't really deliver on

1631
00:53:27,120 --> 00:53:29,400
anything, and Boris disapproval

1632
00:53:29,400 --> 00:53:32,070
rate is very high. The new

1633
00:53:32,070 --> 00:53:33,570
constitution that was going to

1634
00:53:33,570 --> 00:53:35,640
be approved was overwhelmingly

1635
00:53:35,640 --> 00:53:38,040
rejected by people in Chile. But

1636
00:53:38,040 --> 00:53:39,150
if you look at who drafted that

1637
00:53:39,150 --> 00:53:40,320
constitution, it's a lot of the

1638
00:53:40,320 --> 00:53:41,340
same groups that are involved

1639
00:53:41,340 --> 00:53:43,020
with the SDGs. And it was

1640
00:53:43,020 --> 00:53:44,610
likened to a big extent to

1641
00:53:44,610 --> 00:53:45,540
basically, you know, a

1642
00:53:45,540 --> 00:53:47,160
constitution for implementing

1643
00:53:47,190 --> 00:53:48,930
agenda 2030. You know, sure,

1644
00:53:48,930 --> 00:53:49,770
there's problems with the

1645
00:53:49,770 --> 00:53:51,210
existing constitution that was

1646
00:53:51,210 --> 00:53:52,710
drafted during the Pinochet era,

1647
00:53:52,710 --> 00:53:53,940
but that doesn't necessarily

1648
00:53:53,940 --> 00:53:56,310
mean that the one that was being

1649
00:53:56,310 --> 00:53:57,840
voted on this time was the best

1650
00:53:57,840 --> 00:53:59,940
one. And you know, people like

1651
00:53:59,940 --> 00:54:02,130
Gustavo Petro and Columbia, when

1652
00:54:02,130 --> 00:54:03,630
that was rejected. He was like,

1653
00:54:03,630 --> 00:54:06,000
Pinochet has arisen again. And

1654
00:54:06,030 --> 00:54:08,820
it wasn't a referendum on is the

1655
00:54:08,820 --> 00:54:10,590
Pinochet era constitution. Good.

1656
00:54:10,590 --> 00:54:12,570
It was a referendum on is this

1657
00:54:12,570 --> 00:54:14,430
current constitution good. And

1658
00:54:14,430 --> 00:54:15,960
it was directly partnered with

1659
00:54:15,960 --> 00:54:18,360
the UN. And a lot of these

1660
00:54:18,390 --> 00:54:20,010
actors and, you know,

1661
00:54:20,670 --> 00:54:22,920
billionaire funded NGOs were

1662
00:54:22,920 --> 00:54:24,330
involved in drafting key parts

1663
00:54:24,330 --> 00:54:25,890
of it, and it wasn't popular

1664
00:54:25,890 --> 00:54:27,300
with most Chileans, and you

1665
00:54:27,300 --> 00:54:28,560
know, the referendum was on that

1666
00:54:28,560 --> 00:54:30,990
constitution, not the existing

1667
00:54:31,020 --> 00:54:33,030
constitution. Right. So it's not

1668
00:54:33,030 --> 00:54:34,170
really fair, in my opinion of

1669
00:54:34,170 --> 00:54:35,340
Petro to say it's the

1670
00:54:35,340 --> 00:54:36,690
resurrection of Pinochet,

1671
00:54:36,690 --> 00:54:38,070
because you're basically you

1672
00:54:38,070 --> 00:54:40,080
know, if 62% of Chileans voted

1673
00:54:40,080 --> 00:54:41,370
against it, people that voted

1674
00:54:41,370 --> 00:54:42,750
for Borik voted against this

1675
00:54:42,750 --> 00:54:44,340
constitution. Yeah. And there's

1676
00:54:44,610 --> 00:54:45,630
the I Want It definitely I

1677
00:54:45,630 --> 00:54:46,650
definitely would not call those

1678
00:54:46,650 --> 00:54:49,080
people Pinochet supporters. So

1679
00:54:49,140 --> 00:54:50,880
um, you know, it's definitely

1680
00:54:50,880 --> 00:54:52,020
complicated what's going on in

1681
00:54:52,020 --> 00:54:53,880
Latin America right now. And I

1682
00:54:53,880 --> 00:54:55,950
think it's very important to

1683
00:54:55,950 --> 00:54:58,140
point out that natural asset

1684
00:54:58,140 --> 00:54:59,580
corporations this has been the

1685
00:54:59,580 --> 00:55:00,000
pilot for

1686
00:55:00,000 --> 00:55:00,960
grants for these are all in

1687
00:55:00,960 --> 00:55:02,940
Latin America, the pilot

1688
00:55:02,940 --> 00:55:05,280
programs for the stuff I'm going

1689
00:55:05,280 --> 00:55:07,200
to be writing about with SDG, 14

1690
00:55:07,200 --> 00:55:08,460
and the blue economy in the

1691
00:55:08,460 --> 00:55:09,930
oceans. That's, that's being

1692
00:55:09,930 --> 00:55:11,520
partnered and central piloted in

1693
00:55:11,520 --> 00:55:14,580
Central America. And a lot of

1694
00:55:14,580 --> 00:55:15,990
the focus is here, it's also

1695
00:55:15,990 --> 00:55:17,880
going in India as well, there's

1696
00:55:17,880 --> 00:55:18,720
there's some ones that are

1697
00:55:18,720 --> 00:55:20,220
specifically packed, backed by

1698
00:55:20,220 --> 00:55:21,660
Mike Bloomberg. But there's a

1699
00:55:21,660 --> 00:55:23,010
lot of interest in getting Latin

1700
00:55:23,010 --> 00:55:24,240
America on board. And I would

1701
00:55:24,240 --> 00:55:25,140
argue that's because of the

1702
00:55:25,140 --> 00:55:27,120
mineral wealth of Latin America,

1703
00:55:27,600 --> 00:55:28,860
which they need to power a lot

1704
00:55:28,860 --> 00:55:31,380
of this net zero stuff. And, of

1705
00:55:31,380 --> 00:55:34,050
course, the the mining is very

1706
00:55:34,050 --> 00:55:36,060
predatory that is needed to,

1707
00:55:37,770 --> 00:55:38,640
you know, that is needed to

1708
00:55:38,640 --> 00:55:40,320
implement a lot of these goals.

1709
00:55:40,410 --> 00:55:41,820
You know, the lithium, for

1710
00:55:41,820 --> 00:55:42,930
example, there's a lithium

1711
00:55:42,930 --> 00:55:44,640
triangle, that's Chile, Bolivia.

1712
00:55:45,000 --> 00:55:46,980
And I guess, to a lesser extent,

1713
00:55:46,980 --> 00:55:47,820
Argentina,

1714
00:55:49,200 --> 00:55:51,570
it's, you know, that's obviously

1715
00:55:51,570 --> 00:55:52,620
front and center and a lot of

1716
00:55:52,620 --> 00:55:54,810
the stuff going on here. But

1717
00:55:54,810 --> 00:55:56,910
it's, it's it's very extensive.

1718
00:55:56,910 --> 00:55:57,900
What's happening here, the

1719
00:55:57,900 --> 00:55:59,370
mining, you know, I live in the

1720
00:55:59,370 --> 00:56:00,870
Andes, and I've lived here for a

1721
00:56:00,870 --> 00:56:02,760
long time, it was predatory when

1722
00:56:02,760 --> 00:56:04,710
I first came here. And it's

1723
00:56:04,710 --> 00:56:06,150
getting, it's getting worse, and

1724
00:56:06,150 --> 00:56:07,680
it's expanding a lot. And I

1725
00:56:07,680 --> 00:56:09,570
think a lot of that has to do,

1726
00:56:11,010 --> 00:56:11,970
you know, with the fact that

1727
00:56:11,970 --> 00:56:13,200
people are sort of the people

1728
00:56:13,200 --> 00:56:13,830
that would normally be

1729
00:56:13,830 --> 00:56:15,000
protesting to protect the

1730
00:56:15,000 --> 00:56:16,230
environment here think that

1731
00:56:16,230 --> 00:56:17,310
Boris is going to change

1732
00:56:17,310 --> 00:56:18,810
everything. And they're sort of

1733
00:56:18,810 --> 00:56:20,040
asleep at the wheel, not

1734
00:56:20,040 --> 00:56:21,540
realizing that what's what's

1735
00:56:21,540 --> 00:56:23,130
going on here. And they think,

1736
00:56:23,370 --> 00:56:24,780
Oh, the SDG sustainable

1737
00:56:24,780 --> 00:56:26,100
development, all of that sounds

1738
00:56:26,100 --> 00:56:27,180
nice. And they're not digging

1739
00:56:27,180 --> 00:56:28,260
deeper into it like a lot of

1740
00:56:28,260 --> 00:56:30,330
other people and other

1741
00:56:30,330 --> 00:56:31,350
countries. I mean, it's not

1742
00:56:31,350 --> 00:56:32,460
really exclusive to Chile at

1743
00:56:32,460 --> 00:56:33,420
all, in that sense, like we've

1744
00:56:33,420 --> 00:56:34,440
been talking about.

1745
00:56:35,460 --> 00:56:37,080
But it seems like you know, they

1746
00:56:37,080 --> 00:56:38,550
want the developing world on

1747
00:56:38,550 --> 00:56:40,950
board and in debt slavery for

1748
00:56:40,950 --> 00:56:42,000
the stuff and they're just going

1749
00:56:42,000 --> 00:56:43,800
to ransack it for resources.

1750
00:56:43,890 --> 00:56:45,870
That's, that's my view. I'll

1751
00:56:45,870 --> 00:56:47,220
think you won't pick that spot

1752
00:56:47,220 --> 00:56:48,120
on. I think that's what it's

1753
00:56:48,120 --> 00:56:49,050
about it when he got to where

1754
00:56:49,050 --> 00:56:49,920
we're talking about earlier

1755
00:56:49,920 --> 00:56:51,420
about Mark Carney and about his

1756
00:56:51,450 --> 00:56:54,000
his many hats. I mean, he's also

1757
00:56:54,030 --> 00:56:56,520
the UN Special Envoy for Climate

1758
00:56:56,520 --> 00:56:57,960
Change, which is, which is

1759
00:56:57,990 --> 00:56:59,760
pretty crazy. And, and Mike

1760
00:56:59,760 --> 00:57:01,890
Bloomberg is the UN Secretary

1761
00:57:01,890 --> 00:57:03,900
General, Special Envoy for

1762
00:57:03,900 --> 00:57:06,600
Climate ambition and solutions.

1763
00:57:06,840 --> 00:57:08,130
So I'm ambitious ambition,

1764
00:57:08,130 --> 00:57:08,490
that's the

1765
00:57:10,740 --> 00:57:13,110
question and solutions. That is,

1766
00:57:13,140 --> 00:57:14,340
so when you think about it, who

1767
00:57:14,340 --> 00:57:15,690
is the UN Secretary General, for

1768
00:57:15,690 --> 00:57:16,920
Special Envoy for Climate

1769
00:57:16,920 --> 00:57:18,630
ambition and solutions? Well, of

1770
00:57:18,630 --> 00:57:21,270
course, it's Mike Bloomberg. I

1771
00:57:21,270 --> 00:57:23,880
mean, it's, you know, I mean, an

1772
00:57:23,910 --> 00:57:25,500
interesting I got a, I had a

1773
00:57:25,500 --> 00:57:27,390
look at that Larry Fink, that

1774
00:57:27,390 --> 00:57:30,420
Larry Fink quote, and what he

1775
00:57:30,420 --> 00:57:32,670
said, and he said, If you don't

1776
00:57:32,670 --> 00:57:34,470
mind, he says, If we quote, this

1777
00:57:34,470 --> 00:57:35,520
is his quote, if we're going to

1778
00:57:35,520 --> 00:57:37,590
change the world, so there we

1779
00:57:37,590 --> 00:57:38,520
go, we're going to change the

1780
00:57:38,520 --> 00:57:40,500
world. There's not just there's

1781
00:57:40,500 --> 00:57:42,600
just not enough money that is

1782
00:57:42,600 --> 00:57:44,520
going into the emerging market

1783
00:57:44,520 --> 00:57:47,070
into the emerging world, we must

1784
00:57:47,100 --> 00:57:49,260
change the Charters of the IMF

1785
00:57:49,260 --> 00:57:50,730
and the World Bank, if we're

1786
00:57:50,730 --> 00:57:53,220
going to get there, there. And

1787
00:57:53,220 --> 00:57:55,890
here we go. There's huge pools

1788
00:57:55,890 --> 00:57:58,380
of capital, but the capital is

1789
00:57:58,380 --> 00:57:59,610
not equipped.

1790
00:58:00,750 --> 00:58:02,640
So that's what we're talking

1791
00:58:02,640 --> 00:58:03,600
about earlier, when we're

1792
00:58:03,600 --> 00:58:06,090
talking about this idea of

1793
00:58:06,090 --> 00:58:07,560
fiscal space.

1794
00:58:09,000 --> 00:58:10,230
What they want to do what they

1795
00:58:10,230 --> 00:58:11,880
want to create, and something

1796
00:58:11,880 --> 00:58:12,990
else that we spoke about in the

1797
00:58:12,990 --> 00:58:14,460
article and something that is

1798
00:58:14,460 --> 00:58:16,500
everywhere in the UN Sustainable

1799
00:58:16,500 --> 00:58:17,340
developments.

1800
00:58:18,570 --> 00:58:21,270
spiel, is this idea about

1801
00:58:21,270 --> 00:58:22,560
government's providing the

1802
00:58:22,560 --> 00:58:24,540
enabling environment, which

1803
00:58:24,600 --> 00:58:26,430
relates to this idea of fiscal

1804
00:58:26,430 --> 00:58:28,260
space. So the enabling

1805
00:58:28,500 --> 00:58:30,510
environment will legislate

1806
00:58:31,230 --> 00:58:33,270
sustainable development into

1807
00:58:33,270 --> 00:58:35,280
policy in government, so all

1808
00:58:35,280 --> 00:58:37,500
over the world, so governments

1809
00:58:37,500 --> 00:58:40,170
will be legislatively committed

1810
00:58:40,170 --> 00:58:43,140
to it. And that will create the

1811
00:58:43,140 --> 00:58:45,060
environment, the regulator in

1812
00:58:45,060 --> 00:58:46,530
fight environment that will

1813
00:58:46,530 --> 00:58:49,020
ensure the creation of this

1814
00:58:49,020 --> 00:58:51,210
fiscal space, which I think is

1815
00:58:51,210 --> 00:58:53,340
calling here, capital that is

1816
00:58:53,340 --> 00:58:55,290
not equipped bully, that the

1817
00:58:55,290 --> 00:58:56,370
whole point of what they're

1818
00:58:56,370 --> 00:58:58,410
doing is to equip fat capital,

1819
00:58:58,560 --> 00:59:01,290
so that they can well basically

1820
00:59:01,290 --> 00:59:03,600
create a slush fund for their

1821
00:59:03,660 --> 00:59:06,090
market acquisition programs. And

1822
00:59:06,090 --> 00:59:08,820
that's that is essentially what

1823
00:59:08,820 --> 00:59:10,410
they're what they're at. That's

1824
00:59:10,410 --> 00:59:12,240
what they're playing at. But

1825
00:59:12,270 --> 00:59:13,680
interestingly, he said, it's up

1826
00:59:13,680 --> 00:59:15,300
to the equity owners, basically,

1827
00:59:15,300 --> 00:59:18,450
the G 20, that they have to have

1828
00:59:18,450 --> 00:59:20,220
a desire for doing this. So

1829
00:59:20,220 --> 00:59:21,270
we're talking again, that

1830
00:59:21,270 --> 00:59:23,850
relates to something that people

1831
00:59:23,850 --> 00:59:25,440
have said that is hope, a

1832
00:59:25,440 --> 00:59:28,020
hopeful change in the future is

1833
00:59:28,020 --> 00:59:30,480
this idea of the multipolar

1834
00:59:30,480 --> 00:59:33,180
world order, will somehow you

1835
00:59:33,180 --> 00:59:35,550
know, steal away the power of

1836
00:59:35,550 --> 00:59:37,620
people like Mike Bloomberg, and

1837
00:59:37,770 --> 00:59:39,240
then Carney and the people that

1838
00:59:39,240 --> 00:59:40,260
are behind him like the

1839
00:59:40,260 --> 00:59:42,450
Rockefellers and, and, you know,

1840
00:59:42,450 --> 00:59:43,830
the Rothschilds and people like

1841
00:59:43,830 --> 00:59:47,190
that, that the multipolar world

1842
00:59:47,190 --> 00:59:48,570
is going to steal that away.

1843
00:59:48,570 --> 00:59:51,210
Well, it isn't. Because what

1844
00:59:51,300 --> 00:59:55,110
Fink was saying the the about

1845
00:59:55,110 --> 00:59:58,020
the change of the IMF. It was

1846
00:59:58,020 --> 00:59:59,940
also in a brief statement.

1847
01:00:00,000 --> 01:00:02,820
From November 2021, well, they

1848
01:00:02,820 --> 01:00:04,740
said more or less said exactly

1849
01:00:04,740 --> 01:00:07,560
the same thing. Nice. They

1850
01:00:07,560 --> 01:00:10,380
stated the priorities for reform

1851
01:00:10,740 --> 01:00:12,930
were innovative. And this is

1852
01:00:12,930 --> 01:00:14,370
another, quote, innovative and

1853
01:00:14,370 --> 01:00:16,350
ink and inclusive solutions,

1854
01:00:16,350 --> 01:00:17,400
including digital and

1855
01:00:17,400 --> 01:00:19,620
technological tools to promote

1856
01:00:19,620 --> 01:00:21,630
sustainable development. And

1857
01:00:21,630 --> 01:00:24,090
they further said that the 2030

1858
01:00:24,090 --> 01:00:25,980
sustainable development agenda

1859
01:00:26,220 --> 01:00:28,470
is a comprehensive, indivisible,

1860
01:00:28,470 --> 01:00:30,300
far reaching and people centered

1861
01:00:30,300 --> 01:00:33,180
set of universal transformative

1862
01:00:33,180 --> 01:00:35,610
targets. And that it is

1863
01:00:35,610 --> 01:00:37,500
essential that the world move

1864
01:00:37,500 --> 01:00:39,810
forward with this UN agenda 2030

1865
01:00:39,810 --> 01:00:41,640
for sustainable development to

1866
01:00:41,640 --> 01:00:43,950
quote, improve the system of

1867
01:00:43,950 --> 01:00:46,440
global governance. Well, they're

1868
01:00:46,440 --> 01:00:48,600
talking about reform, reforming

1869
01:00:48,600 --> 01:00:51,690
the IMF and the World Bank, in

1870
01:00:51,690 --> 01:00:53,850
order to be able to achieve

1871
01:00:54,120 --> 01:00:56,610
exactly what Fink was talking

1872
01:00:56,610 --> 01:00:58,740
about that Clinton Soiree.

1873
01:00:59,760 --> 01:01:02,640
So that's that, that I think the

1874
01:01:02,640 --> 01:01:05,640
idea that that the whole, when

1875
01:01:05,640 --> 01:01:06,750
the when they talk about when

1876
01:01:06,750 --> 01:01:08,040
people like Bloomberg talks

1877
01:01:08,040 --> 01:01:09,990
about transforming transforming

1878
01:01:09,990 --> 01:01:11,970
the whole world, they really, I

1879
01:01:11,970 --> 01:01:13,320
think people need to get their

1880
01:01:13,320 --> 01:01:14,430
heads around this as well. They

1881
01:01:14,430 --> 01:01:15,810
mean, the whole world, they mean

1882
01:01:15,810 --> 01:01:18,240
everything. They mean that the

1883
01:01:18,600 --> 01:01:20,610
entire global

1884
01:01:21,720 --> 01:01:22,860
economy, economic

1885
01:01:22,860 --> 01:01:24,870
transformation, everything's

1886
01:01:24,870 --> 01:01:26,940
going up for sale, everything we

1887
01:01:26,940 --> 01:01:29,130
everything, y'all own nothing,

1888
01:01:29,160 --> 01:01:31,290
and you will be happy. Yeah, I

1889
01:01:31,290 --> 01:01:32,340
mean, that's the I mean, a lot

1890
01:01:32,340 --> 01:01:33,330
of people focus on that free

1891
01:01:33,330 --> 01:01:34,770
specifically, but I think people

1892
01:01:34,770 --> 01:01:36,660
also need to realize that

1893
01:01:36,690 --> 01:01:37,740
literally, everything's gonna be

1894
01:01:37,740 --> 01:01:39,420
up for sale. Yeah. Or you're

1895
01:01:39,420 --> 01:01:40,710
gonna be charged for literally

1896
01:01:40,710 --> 01:01:42,390
everything, basically. Yeah.

1897
01:01:42,420 --> 01:01:43,770
Yeah. I mean, they made it they

1898
01:01:43,770 --> 01:01:45,240
made? I mean, I think, you know,

1899
01:01:45,240 --> 01:01:46,320
you're quite right. There's, I

1900
01:01:46,320 --> 01:01:47,490
mean, I personally, I think

1901
01:01:47,490 --> 01:01:48,840
there's probably too much focus

1902
01:01:48,840 --> 01:01:50,310
as well, on the World Economic

1903
01:01:50,310 --> 01:01:51,750
Forum. I don't consider them to

1904
01:01:51,750 --> 01:01:54,450
be particularly I agree, leading

1905
01:01:54,510 --> 01:01:56,370
anything. They're just I mean, I

1906
01:01:56,370 --> 01:01:57,930
kind of see them as the sales

1907
01:01:57,930 --> 01:02:00,300
team. Really? Yeah, well, or,

1908
01:02:00,300 --> 01:02:01,800
you know, they're the they

1909
01:02:01,800 --> 01:02:03,240
develop some policies, but

1910
01:02:03,240 --> 01:02:04,590
they're not the only ones. You

1911
01:02:04,590 --> 01:02:05,670
know, there's other think tanks

1912
01:02:05,670 --> 01:02:07,110
in that in that category in that

1913
01:02:07,110 --> 01:02:09,180
tear that they occupy. But I

1914
01:02:09,180 --> 01:02:11,520
think the over focus on Klaus

1915
01:02:11,520 --> 01:02:12,750
Schwab and the World Economic

1916
01:02:12,750 --> 01:02:15,330
Forum, allows people that would

1917
01:02:15,330 --> 01:02:17,880
otherwise see problems with this

1918
01:02:17,880 --> 01:02:19,350
agenda from really looking into

1919
01:02:19,350 --> 01:02:21,330
it, because they sort of see it

1920
01:02:21,330 --> 01:02:23,220
as Oh, look, these people think

1921
01:02:23,220 --> 01:02:25,170
that these guys out in the open

1922
01:02:25,170 --> 01:02:26,280
are plotting control of the

1923
01:02:26,280 --> 01:02:27,690
world, and there's no way that's

1924
01:02:27,690 --> 01:02:30,240
possible. Or they say, Klaus

1925
01:02:30,240 --> 01:02:32,010
Schwab is the guy behind all of

1926
01:02:32,010 --> 01:02:33,930
this. I mean, you know, there's

1927
01:02:33,930 --> 01:02:37,050
obviously truth to the concerns,

1928
01:02:37,050 --> 01:02:38,520
I think about the World Economic

1929
01:02:38,520 --> 01:02:40,500
Forum and Schwab, obviously,

1930
01:02:40,530 --> 01:02:42,300
there are concerns there. But

1931
01:02:42,330 --> 01:02:44,040
you know, is this the guy, the

1932
01:02:44,040 --> 01:02:45,540
guy behind, you know, the

1933
01:02:45,540 --> 01:02:47,880
curtain, you know, of Wizard of

1934
01:02:47,880 --> 01:02:49,500
Oz style type stuff? You know, I

1935
01:02:49,500 --> 01:02:51,420
mean, I don't think that's a

1936
01:02:51,420 --> 01:02:52,980
fair analogy. And I think I

1937
01:02:52,980 --> 01:02:54,570
know, people personally, who

1938
01:02:54,600 --> 01:02:55,830
would normally be all over this

1939
01:02:55,830 --> 01:02:58,050
stuff that are really turned off

1940
01:02:58,050 --> 01:03:00,000
by these claims, or claims that

1941
01:03:00,000 --> 01:03:02,220
it's, um, you know, a global

1942
01:03:02,220 --> 01:03:03,780
communist plot between the West

1943
01:03:03,780 --> 01:03:04,980
and the chai comps, and, you

1944
01:03:04,980 --> 01:03:06,840
know, sort of the, the talking

1945
01:03:06,840 --> 01:03:09,210
points of, you know, some

1946
01:03:09,210 --> 01:03:10,590
circles on the right,

1947
01:03:10,590 --> 01:03:12,690
particularly, and, like, I don't

1948
01:03:12,690 --> 01:03:13,560
know what you want to call it.

1949
01:03:13,560 --> 01:03:15,480
So conspiracy land is some

1950
01:03:15,480 --> 01:03:16,890
people like to call it but I,

1951
01:03:16,890 --> 01:03:18,420
you know, it's more complicated

1952
01:03:18,420 --> 01:03:20,850
than that, obviously. And, yeah,

1953
01:03:20,850 --> 01:03:22,500
I mean, China's on board with

1954
01:03:22,500 --> 01:03:23,460
this stuff. I mean, you just

1955
01:03:23,460 --> 01:03:24,240
talked about that with the

1956
01:03:24,240 --> 01:03:26,340
multipolarity stuff. But

1957
01:03:26,340 --> 01:03:28,320
reducing it down to that level,

1958
01:03:28,320 --> 01:03:29,460
when it's actually a lot more

1959
01:03:29,460 --> 01:03:32,220
complex turns people away? Yeah.

1960
01:03:32,880 --> 01:03:33,960
No, I think you I think you're

1961
01:03:33,960 --> 01:03:35,460
probably right. And I think

1962
01:03:35,460 --> 01:03:36,510
that's why it's important to

1963
01:03:36,510 --> 01:03:37,920
challenge this stuff. Because I

1964
01:03:37,920 --> 01:03:40,710
think we need to see the broader

1965
01:03:40,710 --> 01:03:42,600
picture in terms of the way that

1966
01:03:42,630 --> 01:03:46,020
that this is a global initiative

1967
01:03:46,020 --> 01:03:48,720
intended for global, you know,

1968
01:03:48,720 --> 01:03:50,400
delivering on a global scale,

1969
01:03:50,400 --> 01:03:51,540
and it doesn't really matter

1970
01:03:51,570 --> 01:03:52,830
where you are. I mean,

1971
01:03:52,830 --> 01:03:54,000
obviously, it matters to you as

1972
01:03:54,000 --> 01:03:55,290
an individual a live because

1973
01:03:55,290 --> 01:03:56,580
you're going to be affected from

1974
01:03:56,670 --> 01:03:59,220
but buy it locally. I mean, we

1975
01:03:59,220 --> 01:04:01,590
can say that already with, for

1976
01:04:01,590 --> 01:04:03,450
example, Net Zero policy,

1977
01:04:04,710 --> 01:04:06,180
or any wherever you live,

1978
01:04:06,210 --> 01:04:07,680
wherever you live. Now, if you

1979
01:04:07,680 --> 01:04:10,050
go to your local authority

1980
01:04:10,080 --> 01:04:13,050
website, and put in sustainable

1981
01:04:13,050 --> 01:04:15,240
development plan, they'll have

1982
01:04:15,240 --> 01:04:17,640
one they'll have, they'll have

1983
01:04:17,820 --> 01:04:18,870
like, it might not be

1984
01:04:18,870 --> 01:04:20,280
specifically called Sustainable

1985
01:04:20,280 --> 01:04:21,420
Development Plan, but it will be

1986
01:04:21,420 --> 01:04:22,830
something along those lines,

1987
01:04:22,830 --> 01:04:25,080
it'll be, you know, our

1988
01:04:25,080 --> 01:04:26,520
sustainable initiative or

1989
01:04:26,520 --> 01:04:29,610
sustainable whatever. So we're

1990
01:04:29,610 --> 01:04:30,840
more or less wherever you live

1991
01:04:30,840 --> 01:04:34,830
in the world. So this this

1992
01:04:35,220 --> 01:04:38,520
notion of, of introducing global

1993
01:04:38,520 --> 01:04:40,740
financial governance into into

1994
01:04:40,770 --> 01:04:42,180
every is already at the

1995
01:04:42,180 --> 01:04:43,500
community level. It's all

1996
01:04:43,500 --> 01:04:44,700
written as you know, as you were

1997
01:04:44,700 --> 01:04:46,050
saying earlier, it's already

1998
01:04:46,080 --> 01:04:47,730
it's already happening, it is

1999
01:04:47,730 --> 01:04:51,240
happening now. So people need to

2000
01:04:51,240 --> 01:04:53,850
grasp that because the the the

2001
01:04:53,850 --> 01:04:57,120
driving agenda behind it is not

2002
01:04:57,150 --> 01:04:59,970
set at the local level. We

2003
01:05:00,000 --> 01:05:03,360
We are not part of deciding

2004
01:05:03,480 --> 01:05:05,430
about the way that these you

2005
01:05:05,430 --> 01:05:07,410
know, the the impetus behind

2006
01:05:07,410 --> 01:05:08,610
these policies. It's not us

2007
01:05:08,610 --> 01:05:10,080
that's controlling it. It is

2008
01:05:10,080 --> 01:05:12,930
people like, you know, Mike

2009
01:05:12,930 --> 01:05:15,150
Bloomberg and Mark Carney, not

2010
01:05:15,150 --> 01:05:16,350
necessarily them, it's the

2011
01:05:16,350 --> 01:05:17,850
people behind them as well. But

2012
01:05:17,850 --> 01:05:18,210
I mean,

2013
01:05:19,350 --> 01:05:21,300
it's not being controlled by

2014
01:05:21,330 --> 01:05:22,590
it's not even being controlled.

2015
01:05:22,590 --> 01:05:24,000
I would argue it's not even

2016
01:05:24,000 --> 01:05:25,320
being controlled by national

2017
01:05:25,320 --> 01:05:26,850
governments. And I would include

2018
01:05:26,880 --> 01:05:28,950
even I would include, to certain

2019
01:05:28,950 --> 01:05:31,200
extent, China and Russia and the

2020
01:05:31,200 --> 01:05:33,000
US and you know, the powerful

2021
01:05:33,000 --> 01:05:35,340
developed nations, I would, I

2022
01:05:35,340 --> 01:05:36,660
would suggest that it's not

2023
01:05:36,660 --> 01:05:39,660
being led by them, either. This

2024
01:05:39,660 --> 01:05:42,990
is about collaboration between a

2025
01:05:42,990 --> 01:05:45,480
global capitalist network. Yeah,

2026
01:05:45,480 --> 01:05:46,830
that's transnational and

2027
01:05:47,670 --> 01:05:49,560
national allegiance, and their

2028
01:05:49,560 --> 01:05:52,200
allegiance is to protecting the

2029
01:05:52,200 --> 01:05:53,670
peace, the giant piece of the

2030
01:05:53,670 --> 01:05:55,500
pie, they have an expanding app

2031
01:05:55,530 --> 01:05:57,930
and keeping it forever. I think

2032
01:05:57,930 --> 01:05:59,940
that's a no. Yeah, I mean, if

2033
01:05:59,940 --> 01:06:00,840
you look at the what what's

2034
01:06:00,840 --> 01:06:03,060
happened currently with, you

2035
01:06:03,060 --> 01:06:04,980
know, what we could see looking,

2036
01:06:05,010 --> 01:06:06,780
you know, the, the US, for

2037
01:06:06,780 --> 01:06:08,700
example, I mean, debt to GDP

2038
01:06:08,700 --> 01:06:10,770
ratio in the US is 100, and plus

2039
01:06:10,800 --> 01:06:12,300
137%.

2040
01:06:13,620 --> 01:06:15,090
So that, I mean, we've already

2041
01:06:15,090 --> 01:06:16,980
seen people like Jerome Powell

2042
01:06:16,980 --> 01:06:18,360
already has already said that,

2043
01:06:18,390 --> 01:06:20,040
you know, the US economy is

2044
01:06:20,100 --> 01:06:22,980
unsustainable. I mean, these

2045
01:06:22,980 --> 01:06:24,960
kinds of comments are

2046
01:06:26,280 --> 01:06:28,710
unheard of. So they're already

2047
01:06:28,710 --> 01:06:30,900
admitting basically, that the

2048
01:06:30,930 --> 01:06:33,210
the economic model, as far as it

2049
01:06:33,210 --> 01:06:34,560
has gone has, you know, forgive

2050
01:06:34,560 --> 01:06:35,970
me for saying, so has reached

2051
01:06:35,970 --> 01:06:37,200
the limits of growth.

2052
01:06:39,330 --> 01:06:41,610
So, so they are they know that

2053
01:06:41,640 --> 01:06:42,840
they know that it's reached it.

2054
01:06:42,840 --> 01:06:44,430
But I mean, I also would suggest

2055
01:06:44,430 --> 01:06:46,080
that it's, they've always known

2056
01:06:46,080 --> 01:06:47,310
that it's not, you know, the

2057
01:06:47,310 --> 01:06:48,660
idea that well, yeah, just

2058
01:06:48,900 --> 01:06:50,460
create money out of nothing and

2059
01:06:50,460 --> 01:06:53,070
just continually pile up

2060
01:06:53,130 --> 01:06:55,110
neverending levels of debt. And

2061
01:06:55,110 --> 01:06:56,460
that that is that you can do

2062
01:06:56,460 --> 01:06:58,080
that organized crime

2063
01:06:58,080 --> 01:06:59,520
intelligence agencies to just

2064
01:06:59,520 --> 01:07:01,050
loot the economy over and over

2065
01:07:01,050 --> 01:07:01,920
and over again. I mean,

2066
01:07:01,920 --> 01:07:02,820
obviously, that's not.

2067
01:07:03,930 --> 01:07:05,280
So that's not, that's not gonna

2068
01:07:05,280 --> 01:07:06,570
work. But I mean, that also

2069
01:07:06,570 --> 01:07:07,860
shows that you're not planning

2070
01:07:07,860 --> 01:07:09,150
for it to work either in the

2071
01:07:09,240 --> 01:07:11,100
long run, that you know that at

2072
01:07:11,100 --> 01:07:12,330
some point, you're going to have

2073
01:07:12,330 --> 01:07:14,040
to develop some new model that's

2074
01:07:14,040 --> 01:07:15,300
going to enable you, as you

2075
01:07:15,300 --> 01:07:17,010
said, to maintain your power,

2076
01:07:17,310 --> 01:07:19,200
and to and to continue,

2077
01:07:21,240 --> 01:07:23,430
you know, playing at the casino

2078
01:07:23,430 --> 01:07:25,980
table. And that's exactly, and

2079
01:07:25,980 --> 01:07:27,480
that's a big part of what this

2080
01:07:27,480 --> 01:07:29,640
is, it's to enable the game to

2081
01:07:29,640 --> 01:07:31,590
continue so that they can retain

2082
01:07:31,590 --> 01:07:33,120
their control and authority.

2083
01:07:33,930 --> 01:07:35,820
Yeah, I agree with that, for

2084
01:07:35,820 --> 01:07:38,010
sure. So moving on, then from

2085
01:07:38,010 --> 01:07:39,870
the first installment of the

2086
01:07:39,870 --> 01:07:40,890
series to the second

2087
01:07:40,890 --> 01:07:42,480
installment, which you which we

2088
01:07:42,480 --> 01:07:43,680
published just a couple of days

2089
01:07:43,680 --> 01:07:46,590
ago, and that was all UN. This

2090
01:07:46,590 --> 01:07:48,750
is on UHC. 2030. This is about

2091
01:07:48,750 --> 01:07:50,820
SDG. Three, ostensibly about

2092
01:07:50,820 --> 01:07:53,580
health care. So UHC 2030 is

2093
01:07:53,580 --> 01:07:55,410
called the 2030 agenda for

2094
01:07:55,410 --> 01:07:57,600
universal health coverage. But

2095
01:07:57,600 --> 01:07:59,910
it's not SDG three itself, it's

2096
01:07:59,910 --> 01:08:01,500
the public private partnership

2097
01:08:01,530 --> 01:08:03,600
behind SDG. Three. So why don't

2098
01:08:03,600 --> 01:08:05,400
you walk us through your article

2099
01:08:05,400 --> 01:08:06,540
a little bit and tell us about

2100
01:08:06,540 --> 01:08:09,450
UHC? 2030 what it really is, and

2101
01:08:09,510 --> 01:08:10,830
the case study, you did have it

2102
01:08:10,830 --> 01:08:12,300
with Uganda.

2103
01:08:13,410 --> 01:08:16,590
Yeah, so UHC 2030, as you quite

2104
01:08:16,770 --> 01:08:19,710
rightly said, is the UN kind of

2105
01:08:20,970 --> 01:08:23,310
mechanism for delivering SDG

2106
01:08:23,310 --> 01:08:25,740
three, which is SDI, the point

2107
01:08:25,740 --> 01:08:27,720
of SDG is to deliver what

2108
01:08:27,720 --> 01:08:29,340
they're calling universal health

2109
01:08:29,340 --> 01:08:31,590
care coverage, or universal

2110
01:08:31,590 --> 01:08:34,050
health coverage. So the so

2111
01:08:34,050 --> 01:08:35,520
again, on the front of the

2112
01:08:35,520 --> 01:08:38,040
packet, it says, you know, this

2113
01:08:38,040 --> 01:08:40,290
will enable countries all over

2114
01:08:40,290 --> 01:08:42,150
the world to improve standards

2115
01:08:42,150 --> 01:08:43,920
of health care, you know,

2116
01:08:43,920 --> 01:08:45,090
they're looking to improve

2117
01:08:45,090 --> 01:08:47,250
longevity, they're looking to

2118
01:08:48,240 --> 01:08:51,510
reduce health inequality, all

2119
01:08:51,510 --> 01:08:52,980
things which are, which most

2120
01:08:52,980 --> 01:08:54,810
people would agree are actually

2121
01:08:54,810 --> 01:08:57,930
quite important targets that we

2122
01:08:57,930 --> 01:08:59,400
should we should be thinking

2123
01:08:59,400 --> 01:09:00,900
about doing that kind of thing.

2124
01:09:01,560 --> 01:09:04,020
But what it also says that so as

2125
01:09:04,050 --> 01:09:06,450
UHC 2020 30 is going to be the

2126
01:09:06,450 --> 01:09:07,950
mechanism by which this is going

2127
01:09:07,950 --> 01:09:09,870
to be able to achieved which is,

2128
01:09:09,870 --> 01:09:11,610
quote, a global platform and

2129
01:09:11,610 --> 01:09:14,100
space for multi stakeholders to

2130
01:09:14,100 --> 01:09:16,080
connect, work together and

2131
01:09:16,110 --> 01:09:17,940
influence national and

2132
01:09:17,970 --> 01:09:20,940
international commitments. So

2133
01:09:20,940 --> 01:09:22,290
we've got this idea of this

2134
01:09:22,290 --> 01:09:24,150
multi stakeholder partnership,

2135
01:09:24,990 --> 01:09:26,460
influencing national and

2136
01:09:26,460 --> 01:09:28,140
international commitments. So

2137
01:09:28,140 --> 01:09:29,820
again, it's the centralized

2138
01:09:29,820 --> 01:09:32,490
centralized control headed by a

2139
01:09:32,490 --> 01:09:36,300
network of undoubtedly, what we

2140
01:09:36,360 --> 01:09:37,740
that we could call crony

2141
01:09:37,740 --> 01:09:39,150
capitalists or predatory

2142
01:09:39,150 --> 01:09:41,070
capitalists who are going to

2143
01:09:41,880 --> 01:09:45,390
influence health care markets,

2144
01:09:45,990 --> 01:09:47,520
in countries across the world.

2145
01:09:47,820 --> 01:09:50,490
That is the nuts and bolts of

2146
01:09:50,490 --> 01:09:54,240
it. So what we might you know, I

2147
01:09:54,240 --> 01:09:55,620
mean, I've used the phrase the

2148
01:09:55,620 --> 01:09:57,390
phrase global public private

2149
01:09:57,390 --> 01:09:59,970
partnership, but but this organ

2150
01:10:00,000 --> 01:10:02,100
causation. The UN itself issued

2151
01:10:02,100 --> 01:10:04,830
a report where it noted that

2152
01:10:04,860 --> 01:10:07,260
that in order for global public

2153
01:10:07,260 --> 01:10:09,210
private partnerships to work,

2154
01:10:09,960 --> 01:10:11,190
there were a number of things

2155
01:10:11,190 --> 01:10:12,570
that needed to be put in place

2156
01:10:12,570 --> 01:10:14,310
to enable them to work because

2157
01:10:14,910 --> 01:10:16,560
experience has shown and all the

2158
01:10:16,560 --> 01:10:18,930
research has shown up until this

2159
01:10:18,960 --> 01:10:23,160
the launch of in 2016, SDGs. All

2160
01:10:23,190 --> 01:10:26,100
all the evidence showed that

2161
01:10:26,100 --> 01:10:28,830
they were more expensive, that

2162
01:10:28,890 --> 01:10:31,350
the private stakeholders didn't

2163
01:10:31,350 --> 01:10:33,600
shoulder the risk to the level

2164
01:10:33,660 --> 01:10:34,950
that they said they would

2165
01:10:34,950 --> 01:10:36,660
shoulder the risk, that that

2166
01:10:36,690 --> 01:10:39,660
risk in terms of both financial

2167
01:10:39,660 --> 01:10:42,540
liability and so forth. And in

2168
01:10:42,540 --> 01:10:44,730
terms of, you know, the actual

2169
01:10:44,730 --> 01:10:46,800
risk of causing harm,

2170
01:10:48,150 --> 01:10:50,460
unusually, usually fell on the

2171
01:10:50,460 --> 01:10:52,470
shoulders of the of the nation

2172
01:10:52,470 --> 01:10:53,670
that was that was running the

2173
01:10:53,670 --> 01:10:55,980
project and, and the population

2174
01:10:55,980 --> 01:10:57,870
so that the public the private

2175
01:10:57,870 --> 01:10:59,250
part, the private sector part,

2176
01:10:59,250 --> 01:11:00,600
we're not shouldering the risk

2177
01:11:00,600 --> 01:11:02,040
as claimed in the model.

2178
01:11:03,780 --> 01:11:05,430
And also that these they turned

2179
01:11:05,430 --> 01:11:07,980
out to be less efficient, and

2180
01:11:07,980 --> 01:11:09,690
inexpensive. And what the what

2181
01:11:09,690 --> 01:11:11,700
the UN report suggested was

2182
01:11:11,700 --> 01:11:14,100
that, you know, they might be

2183
01:11:14,130 --> 01:11:16,200
kind of suited to some sort of

2184
01:11:16,200 --> 01:11:18,690
limited infrastructure projects,

2185
01:11:19,020 --> 01:11:19,920
but they weren't in their

2186
01:11:19,920 --> 01:11:22,080
current form suitable for

2187
01:11:22,560 --> 01:11:26,670
particularly sustainable society

2188
01:11:26,670 --> 01:11:28,710
sustainable development, as as

2189
01:11:28,710 --> 01:11:30,690
they saw it, and healthcare

2190
01:11:30,690 --> 01:11:32,520
projects, because you're

2191
01:11:32,520 --> 01:11:33,540
introducing

2192
01:11:34,770 --> 01:11:36,630
forces into the healthcare

2193
01:11:36,630 --> 01:11:38,790
market, which which cause

2194
01:11:38,790 --> 01:11:41,400
immense conflicts of financial

2195
01:11:41,400 --> 01:11:43,110
interest. And that is called

2196
01:11:43,800 --> 01:11:45,480
commercial interest. So that

2197
01:11:45,480 --> 01:11:48,450
isn't necessarily useful, as the

2198
01:11:48,450 --> 01:11:50,010
UN itself acknowledged, that

2199
01:11:50,010 --> 01:11:51,720
isn't necessarily useful in

2200
01:11:51,720 --> 01:11:54,150
health care, health care, you

2201
01:11:54,150 --> 01:11:56,070
know, healthcare does have to

2202
01:11:56,070 --> 01:11:58,650
have some kind of, you know,

2203
01:11:58,680 --> 01:12:00,900
social, broader social benefit.

2204
01:12:01,530 --> 01:12:03,150
Profit is not the bottom line.

2205
01:12:03,180 --> 01:12:04,680
But if you introduce it, you

2206
01:12:04,680 --> 01:12:05,820
know, these these private

2207
01:12:05,820 --> 01:12:06,930
corporations into it, then

2208
01:12:06,930 --> 01:12:08,940
profit does invariably cut

2209
01:12:08,940 --> 01:12:10,290
become the bottom line, as they

2210
01:12:10,290 --> 01:12:11,790
reported in their own report.

2211
01:12:12,420 --> 01:12:15,390
So, but the UN has decided to

2212
01:12:15,450 --> 01:12:17,880
ignore that completely. So this

2213
01:12:17,910 --> 01:12:19,950
its own recommendations is

2214
01:12:19,950 --> 01:12:22,410
ignoring that. And it is plowing

2215
01:12:22,410 --> 01:12:23,730
ahead with this global

2216
01:12:23,730 --> 01:12:24,960
partnership that is going to

2217
01:12:24,960 --> 01:12:26,790
deliver health care, it says

2218
01:12:26,820 --> 01:12:30,480
universal health coverage. But

2219
01:12:30,480 --> 01:12:32,490
in order to do that, once again,

2220
01:12:33,390 --> 01:12:35,850
it has said that countries will

2221
01:12:35,850 --> 01:12:38,550
have to spend more, either

2222
01:12:38,580 --> 01:12:40,980
they'll either have to spend 15%

2223
01:12:41,010 --> 01:12:41,610
of their

2224
01:12:42,900 --> 01:12:46,020
of their income or 5% of their

2225
01:12:46,020 --> 01:12:47,820
GDP, whichever is higher.

2226
01:12:49,830 --> 01:12:52,230
On health care, well, for

2227
01:12:52,230 --> 01:12:54,780
developed nations, that's okay,

2228
01:12:54,780 --> 01:12:55,920
that's doable, because most

2229
01:12:55,920 --> 01:12:57,570
countries around the world that

2230
01:12:57,570 --> 01:12:59,310
developed nations are already

2231
01:12:59,310 --> 01:13:02,370
spending more than 5% of GDP on

2232
01:13:02,580 --> 01:13:04,110
health care. But it's a

2233
01:13:04,110 --> 01:13:06,360
completely different situation

2234
01:13:06,360 --> 01:13:08,070
in most developing countries.

2235
01:13:09,060 --> 01:13:11,040
You know, Sri Lanka, Yemen,

2236
01:13:11,040 --> 01:13:13,050
Syria, Egypt and Iraq, and the

2237
01:13:13,050 --> 01:13:15,510
many other nations are not at

2238
01:13:15,510 --> 01:13:17,340
that level. So how are they

2239
01:13:17,340 --> 01:13:18,510
going to pay for this? Because

2240
01:13:18,510 --> 01:13:19,860
they're either going to have to,

2241
01:13:20,340 --> 01:13:22,350
to create the fiscal space to

2242
01:13:22,350 --> 01:13:24,960
enable them to pay for the UHC.

2243
01:13:25,350 --> 01:13:27,060
2030. Sustainable?

2244
01:13:28,140 --> 01:13:29,940
Yeah, how are they going to pay

2245
01:13:29,940 --> 01:13:31,110
for it? They've either got to

2246
01:13:31,260 --> 01:13:34,620
slash spending elsewhere, or

2247
01:13:34,650 --> 01:13:36,660
which I can't afford or go into

2248
01:13:36,660 --> 01:13:39,210
debt, just as the World Bank

2249
01:13:40,080 --> 01:13:42,600
said. So in Uganda

2250
01:13:44,580 --> 01:13:46,980
during so this is the thing. I

2251
01:13:46,980 --> 01:13:49,170
mean, I thought I would choose a

2252
01:13:49,170 --> 01:13:51,930
country to look at just just a

2253
01:13:51,930 --> 01:13:53,040
thought I'll start looking at

2254
01:13:53,040 --> 01:13:54,870
some some countries in the EU

2255
01:13:55,230 --> 01:13:56,550
that have been subjected to this

2256
01:13:56,550 --> 01:13:58,740
UHC. 2030 and just see what see

2257
01:13:58,740 --> 01:14:01,350
what's going on. And I picked

2258
01:14:01,350 --> 01:14:03,120
Uganda Uganda was the first

2259
01:14:03,120 --> 01:14:04,710
country that I picked a look at.

2260
01:14:05,730 --> 01:14:08,220
So and then what I found in

2261
01:14:08,220 --> 01:14:10,170
Uganda was appalling what had

2262
01:14:10,170 --> 01:14:11,970
happened and this is specially

2263
01:14:12,480 --> 01:14:14,490
relating to the COVID 19

2264
01:14:14,490 --> 01:14:17,340
pandemic because UHC 2030, and

2265
01:14:17,340 --> 01:14:18,390
the World Bank,

2266
01:14:19,500 --> 01:14:21,030
the stakeholders in that

2267
01:14:21,030 --> 01:14:24,570
partnership, convinced Uganda to

2268
01:14:24,600 --> 01:14:28,080
invest heavily in COVID measures

2269
01:14:28,110 --> 01:14:30,510
Gor COVID countermeasures, when

2270
01:14:30,510 --> 01:14:32,910
Ugandan didn't, Uganda didn't

2271
01:14:32,910 --> 01:14:34,500
have a pandemic, not by any

2272
01:14:34,500 --> 01:14:35,610
stretch of the imagination.

2273
01:14:35,610 --> 01:14:37,050
Could you say that Uganda had a

2274
01:14:37,050 --> 01:14:38,910
pandemic? They didn't have a

2275
01:14:38,910 --> 01:14:40,590
health emergency, right, a

2276
01:14:40,590 --> 01:14:43,200
COVID-19 health emergency. I

2277
01:14:43,200 --> 01:14:45,660
think the total was 74 deaths

2278
01:14:45,660 --> 01:14:48,150
per million in Uganda, compared

2279
01:14:48,150 --> 01:14:51,750
to nearly 3200 in the US. So

2280
01:14:51,750 --> 01:14:53,010
it's not even in the same

2281
01:14:53,010 --> 01:14:55,350
ballpark. It's it's just that

2282
01:14:55,380 --> 01:14:58,800
and in Uganda as well, malaria

2283
01:14:58,830 --> 01:14:59,970
regularly kills

2284
01:15:00,000 --> 01:15:01,650
At least four times more people

2285
01:15:01,650 --> 01:15:02,280
than that.

2286
01:15:03,330 --> 01:15:06,570
But what the what UHC 2030

2287
01:15:06,570 --> 01:15:09,450
partners did was they convinced

2288
01:15:09,450 --> 01:15:12,090
you ganda to restructure their

2289
01:15:12,090 --> 01:15:15,750
debt in order to pay for COVID

2290
01:15:15,780 --> 01:15:18,960
countermeasures. And that

2291
01:15:18,960 --> 01:15:21,030
ultimately resulted in projects

2292
01:15:21,030 --> 01:15:23,340
like their anti malaria projects

2293
01:15:23,370 --> 01:15:25,080
and their and other aspects of

2294
01:15:25,080 --> 01:15:26,730
their health service and their

2295
01:15:27,180 --> 01:15:29,100
their health capacity being

2296
01:15:29,520 --> 01:15:31,290
ripped apart. Basically.

2297
01:15:32,550 --> 01:15:34,170
I think we're defunded or

2298
01:15:34,170 --> 01:15:36,210
defunded. Yeah. And what what

2299
01:15:36,210 --> 01:15:38,400
happened was that Uganda of

2300
01:15:38,400 --> 01:15:39,780
actually didn't have had a

2301
01:15:39,780 --> 01:15:41,070
pretty good it was a mixed

2302
01:15:41,070 --> 01:15:42,720
healthcare economy, but it was

2303
01:15:42,750 --> 01:15:44,460
in in terms of developing

2304
01:15:44,460 --> 01:15:45,750
nations, it was pretty good. It

2305
01:15:45,750 --> 01:15:47,550
was it was a, you know, not not

2306
01:15:47,550 --> 01:15:48,870
a bad healthcare system that

2307
01:15:48,870 --> 01:15:52,440
they had. But the the effect of

2308
01:15:52,440 --> 01:15:56,460
this on on Uganda was just

2309
01:15:56,490 --> 01:15:58,020
terrible. Not only did their

2310
01:15:58,020 --> 01:16:01,350
debt spike from 22% to 41% of

2311
01:16:01,380 --> 01:16:04,470
GDP in a single year. So I mean,

2312
01:16:04,470 --> 01:16:05,880
it's that's nearly doubled.

2313
01:16:06,210 --> 01:16:06,720
Yeah.

2314
01:16:07,770 --> 01:16:10,080
They ended up happy to pay 9%.

2315
01:16:10,080 --> 01:16:12,000
So bearing in mind that you hc

2316
01:16:12,390 --> 01:16:13,860
2030, saying they've got to

2317
01:16:13,860 --> 01:16:17,430
spend 5% of GDP on on health

2318
01:16:17,430 --> 01:16:19,590
care? Well, because of that

2319
01:16:19,650 --> 01:16:21,210
spike in debt, they ended up

2320
01:16:21,210 --> 01:16:24,240
spending 9% of Ugandan GDP just

2321
01:16:24,240 --> 01:16:26,250
on servicing the debt, so paying

2322
01:16:26,250 --> 01:16:27,390
that basically the minimum

2323
01:16:27,390 --> 01:16:28,620
repayment on the debt.

2324
01:16:29,970 --> 01:16:31,290
And the report, there was a

2325
01:16:31,290 --> 01:16:32,880
report that was released from

2326
01:16:32,880 --> 01:16:33,780
the Center for Global

2327
01:16:33,780 --> 01:16:37,110
Development that looked at what

2328
01:16:37,110 --> 01:16:39,930
actually happened in Uganda as a

2329
01:16:39,930 --> 01:16:41,580
result of the quote, unquote,

2330
01:16:41,610 --> 01:16:44,610
COVID measures. So I'll just

2331
01:16:44,640 --> 01:16:46,350
this is a quote taken from that

2332
01:16:46,350 --> 01:16:48,360
report. So it was the

2333
01:16:48,360 --> 01:16:50,190
deterioration in essential

2334
01:16:50,190 --> 01:16:52,470
health services, reduced case

2335
01:16:52,470 --> 01:16:54,270
findings for HIV AIDS and

2336
01:16:54,270 --> 01:16:56,460
malaria. Patients with chronic

2337
01:16:56,460 --> 01:16:57,870
conditions who continuously

2338
01:16:57,870 --> 01:16:59,070
relied on drugs for their

2339
01:16:59,070 --> 01:17:00,630
survival were unable to get

2340
01:17:00,630 --> 01:17:02,700
their refills, while others

2341
01:17:02,700 --> 01:17:04,560
could not afford medication due

2342
01:17:04,560 --> 01:17:06,690
to the lack of income. Patients

2343
01:17:06,690 --> 01:17:08,070
who had been newly diagnosed

2344
01:17:08,070 --> 01:17:09,420
with cancer were not able to

2345
01:17:09,420 --> 01:17:11,460
initiate into treatment. A

2346
01:17:11,460 --> 01:17:13,080
majority of patients with these

2347
01:17:13,080 --> 01:17:14,760
conditions faced an increased

2348
01:17:14,760 --> 01:17:16,590
risk of complications or death,

2349
01:17:16,830 --> 01:17:18,840
due to the inability to access

2350
01:17:18,840 --> 01:17:20,760
health care, these delayed

2351
01:17:20,760 --> 01:17:22,410
initiations and interruptions of

2352
01:17:22,410 --> 01:17:24,030
treatment cycles resulted in

2353
01:17:24,060 --> 01:17:26,250
increased stress, anxiety,

2354
01:17:26,340 --> 01:17:28,350
disease progression, recurrence

2355
01:17:28,440 --> 01:17:29,850
and premature death.

2356
01:17:31,350 --> 01:17:34,200
So that that is what what the

2357
01:17:34,320 --> 01:17:36,150
that is what sustainable

2358
01:17:36,150 --> 01:17:39,360
development goal three, the

2359
01:17:39,360 --> 01:17:40,590
pursuit of sustainable

2360
01:17:40,590 --> 01:17:41,670
development, goal three

2361
01:17:41,670 --> 01:17:45,360
delivered to Uganda in 2020 20

2362
01:17:45,360 --> 01:17:48,840
to 2022. Yeah, so basically, you

2363
01:17:48,840 --> 01:17:50,760
have to do what the Alliance

2364
01:17:50,760 --> 01:17:53,130
says, even if it is not in

2365
01:17:53,130 --> 01:17:54,840
divorce from the reality of the

2366
01:17:54,840 --> 01:17:56,070
country we're talking about.

2367
01:17:56,100 --> 01:17:57,570
Right. So like with Uganda, you

2368
01:17:57,570 --> 01:18:00,300
pointed out malaria, causing

2369
01:18:00,390 --> 01:18:01,590
significantly more deaths and

2370
01:18:01,590 --> 01:18:03,330
COVID that in the country, and

2371
01:18:03,330 --> 01:18:04,980
they basically have to under the

2372
01:18:04,980 --> 01:18:06,360
pressure of this alliance,

2373
01:18:06,510 --> 01:18:08,340
ostensibly under the auspices of

2374
01:18:08,340 --> 01:18:11,400
SDG. Three, ignore their malaria

2375
01:18:11,400 --> 01:18:14,160
programs in favor of treating or

2376
01:18:14,190 --> 01:18:15,960
measures targeting a disease

2377
01:18:15,960 --> 01:18:17,700
that kills significantly less

2378
01:18:17,700 --> 01:18:20,820
people. Yeah, yeah. Yeah, I

2379
01:18:20,820 --> 01:18:22,530
don't. I mean, it was the global

2380
01:18:22,530 --> 01:18:25,230
economic impact as well have in

2381
01:18:25,230 --> 01:18:26,820
doubling their debt to do that.

2382
01:18:26,880 --> 01:18:29,310
Yeah, dump. So obviously not

2383
01:18:29,310 --> 01:18:32,400
good. At the end of the day, in

2384
01:18:32,400 --> 01:18:33,690
that saying it putting it pretty

2385
01:18:33,690 --> 01:18:36,270
lightly. So another interesting

2386
01:18:36,270 --> 01:18:37,050
thing you pointed out in the

2387
01:18:37,050 --> 01:18:39,330
article, as it relates to Uganda

2388
01:18:39,360 --> 01:18:41,040
is the role of AstraZeneca

2389
01:18:41,070 --> 01:18:42,540
AstraZeneca is one of the

2390
01:18:42,540 --> 01:18:45,360
private sector members of UHC.

2391
01:18:45,360 --> 01:18:47,880
2030, along with AstraZeneca. We

2392
01:18:47,880 --> 01:18:51,720
have GlaxoSmithKline. We have

2393
01:18:51,750 --> 01:18:54,480
Johnson and Johnson. We have

2394
01:18:54,690 --> 01:18:57,450
Medtronic labs. We have Merck,

2395
01:18:57,660 --> 01:19:00,990
we have Novartis Novo Nordisk,

2396
01:19:01,230 --> 01:19:02,850
we have Pfizer,

2397
01:19:04,560 --> 01:19:08,520
Royal Philips, Sanofi, Sumitomo

2398
01:19:08,520 --> 01:19:10,260
chemical company in Japan, which

2399
01:19:10,260 --> 01:19:11,700
is alleged to have actually been

2400
01:19:11,700 --> 01:19:13,110
the cause of the birth defects

2401
01:19:13,110 --> 01:19:14,430
in Brazil that were later

2402
01:19:14,430 --> 01:19:16,140
attributed to the Zika virus.

2403
01:19:16,380 --> 01:19:18,390
And oddly, the Zika virus was

2404
01:19:18,390 --> 01:19:21,300
claimed to produce these these

2405
01:19:21,570 --> 01:19:23,250
congenital birth defects, but

2406
01:19:23,250 --> 01:19:25,200
those were only observed in this

2407
01:19:25,200 --> 01:19:27,210
particular area in Brazil that

2408
01:19:27,210 --> 01:19:30,810
used Sumitomo larvicide. And the

2409
01:19:30,810 --> 01:19:32,400
Zika virus was all over other

2410
01:19:32,400 --> 01:19:34,470
places as well. And again, those

2411
01:19:34,470 --> 01:19:36,120
birth defects were only observed

2412
01:19:36,120 --> 01:19:39,000
in this Brazilian era. Sumitomo,

2413
01:19:39,000 --> 01:19:40,650
by the way is has some sort of

2414
01:19:40,650 --> 01:19:41,820
strategic alliance with

2415
01:19:41,820 --> 01:19:43,200
Monsanto, if I'm not mistaken.

2416
01:19:43,200 --> 01:19:45,810
Well, Bayer Monsanto now. So

2417
01:19:45,810 --> 01:19:46,740
yeah, these are the kinds of

2418
01:19:46,740 --> 01:19:47,610
companies that are,

2419
01:19:49,080 --> 01:19:51,060
you know, the private sector

2420
01:19:51,060 --> 01:19:55,890
component of UHC 2030. And as

2421
01:19:55,920 --> 01:19:58,170
the AstraZeneca has case study

2422
01:19:58,170 --> 01:19:59,970
here, that you

2423
01:20:00,000 --> 01:20:01,320
I'm discussing your article I

2424
01:20:01,320 --> 01:20:03,180
found pretty stunning. Actually,

2425
01:20:03,180 --> 01:20:05,310
I didn't even realize how much

2426
01:20:05,310 --> 01:20:06,720
they've gotten away with, in

2427
01:20:06,720 --> 01:20:08,040
Uganda this case, and I'm sure

2428
01:20:08,040 --> 01:20:09,180
it's not exclusive to them

2429
01:20:09,180 --> 01:20:09,690
either.

2430
01:20:11,040 --> 01:20:12,600
No, yeah. I mean, I think that's

2431
01:20:12,600 --> 01:20:13,800
the thing. I mean, as I said, I

2432
01:20:13,800 --> 01:20:14,850
just picked one country. And

2433
01:20:14,850 --> 01:20:15,900
this was the first one I looked

2434
01:20:15,900 --> 01:20:17,130
at. And I mean, pretty, you

2435
01:20:17,130 --> 01:20:18,540
know, I think it is safe to

2436
01:20:18,540 --> 01:20:20,010
assume I mean, I also looked at

2437
01:20:20,010 --> 01:20:22,350
Garner, as well, but obviously,

2438
01:20:22,350 --> 01:20:23,760
it's just one article. So

2439
01:20:25,470 --> 01:20:28,650
yeah, what they did in two, in

2440
01:20:28,680 --> 01:20:30,810
Uganda. First, it's very

2441
01:20:30,810 --> 01:20:32,400
difficult to ascertain what the

2442
01:20:32,400 --> 01:20:34,710
actual unit cost of the COVID

2443
01:20:34,710 --> 01:20:37,050
vaccines are, for

2444
01:20:38,130 --> 01:20:39,300
what the cost of developing

2445
01:20:39,300 --> 01:20:40,560
means. Yeah, the developed the

2446
01:20:40,560 --> 01:20:42,750
development cost is because it

2447
01:20:42,750 --> 01:20:45,960
was paid for basically by public

2448
01:20:45,960 --> 01:20:48,510
funds in Britain, and through,

2449
01:20:49,260 --> 01:20:50,040
you know, voluntary

2450
01:20:50,370 --> 01:20:51,540
contributions, a lot of that

2451
01:20:51,540 --> 01:20:53,730
came from charitable

2452
01:20:53,730 --> 01:20:55,830
contributions, again, from from

2453
01:20:56,130 --> 01:20:57,630
various members of the public

2454
01:20:57,630 --> 01:20:59,100
and other people as well. But

2455
01:20:59,100 --> 01:21:00,090
also the mean, there's the

2456
01:21:00,090 --> 01:21:01,890
private funding element that

2457
01:21:01,890 --> 01:21:03,480
you've written about as well in

2458
01:21:03,480 --> 01:21:06,000
terms of Oxford AstraZeneca, you

2459
01:21:06,000 --> 01:21:07,350
know, the development and their

2460
01:21:07,350 --> 01:21:09,900
private equity arm and private

2461
01:21:09,900 --> 01:21:10,740
development arm.

2462
01:21:11,760 --> 01:21:14,190
But nonetheless, they managed to

2463
01:21:14,190 --> 01:21:16,200
whittle the or we say, Whittle,

2464
01:21:16,200 --> 01:21:18,270
but they managed to produce a

2465
01:21:18,270 --> 01:21:20,580
vaccine for sale to the European

2466
01:21:20,580 --> 01:21:22,020
Union. This is the the

2467
01:21:22,020 --> 01:21:23,220
AstraZeneca jab, I

2468
01:21:24,930 --> 01:21:26,310
hesitate to call it a vaccine,

2469
01:21:26,310 --> 01:21:27,540
but the act the estrogenic, a

2470
01:21:27,540 --> 01:21:31,050
jab, a unit cost of $2 at to the

2471
01:21:31,050 --> 01:21:32,100
European Union.

2472
01:21:33,870 --> 01:21:38,460
They then sold it to Uganda, $7

2473
01:21:38,460 --> 01:21:39,180
per unit.

2474
01:21:40,500 --> 01:21:42,750
So that's a 300% markup on the

2475
01:21:42,750 --> 01:21:43,830
price that they were charging to

2476
01:21:43,830 --> 01:21:45,630
the European Union. Now, as it

2477
01:21:45,660 --> 01:21:46,980
turned out, it didn't. The

2478
01:21:46,980 --> 01:21:49,020
reason that the AstraZeneca jab

2479
01:21:49,020 --> 01:21:52,800
was, was preferable in developed

2480
01:21:52,800 --> 01:21:54,000
a lot of developing countries

2481
01:21:54,000 --> 01:21:54,630
was because of the

2482
01:21:54,630 --> 01:21:56,040
transportation and storage

2483
01:21:56,040 --> 01:21:56,880
costs, because it doesn't have

2484
01:21:56,880 --> 01:21:58,740
to be hyper called, like the

2485
01:21:58,740 --> 01:22:01,290
mRNA jets. So it's, you know,

2486
01:22:01,320 --> 01:22:02,940
easier to store and transport.

2487
01:22:03,000 --> 01:22:05,820
So it was the kind of go to go

2488
01:22:05,820 --> 01:22:08,130
to jab, not that they needed

2489
01:22:08,130 --> 01:22:09,720
that jab. I mean, I think that's

2490
01:22:09,720 --> 01:22:11,130
the point. They didn't need the

2491
01:22:11,130 --> 01:22:12,270
jab. They didn't have a

2492
01:22:12,270 --> 01:22:15,360
pandemic, but, but they were

2493
01:22:15,360 --> 01:22:17,460
kind of cajoled through. And you

2494
01:22:17,460 --> 01:22:18,930
know, I haven't looked into the

2495
01:22:18,930 --> 01:22:20,670
kind of potential corruption

2496
01:22:20,670 --> 01:22:21,750
issues, but I would imagine

2497
01:22:21,750 --> 01:22:22,650
there are some there.

2498
01:22:24,900 --> 01:22:27,000
You know, that they were cajoled

2499
01:22:27,000 --> 01:22:28,650
through their debt obligations

2500
01:22:28,650 --> 01:22:30,390
into taking these COVID

2501
01:22:30,390 --> 01:22:33,420
measures, and were then ripped

2502
01:22:33,420 --> 01:22:36,780
off, but it would seem in terms

2503
01:22:36,780 --> 01:22:38,520
of paying for things like

2504
01:22:38,520 --> 01:22:40,770
vaccines, which AstraZeneca

2505
01:22:42,090 --> 01:22:44,820
appears to have basically

2506
01:22:45,840 --> 01:22:48,750
profits here from Uganda's debt

2507
01:22:49,830 --> 01:22:51,090
obligations. Now.

2508
01:22:52,830 --> 01:22:55,230
A very kind of interesting thing

2509
01:22:55,230 --> 01:22:58,050
about it is that they agreed a

2510
01:22:58,050 --> 01:23:01,260
deal with UNICEF supported a

2511
01:23:01,260 --> 01:23:04,860
deal with the partnership. But

2512
01:23:04,950 --> 01:23:07,560
but with GAVI. So AstraZeneca

2513
01:23:07,560 --> 01:23:09,390
had this deal with GAVI to to

2514
01:23:09,990 --> 01:23:11,880
export and the Kovax, Alliance

2515
01:23:11,880 --> 01:23:14,160
and Cepi, to export their

2516
01:23:14,160 --> 01:23:15,990
vaccines to developing nations.

2517
01:23:15,990 --> 01:23:18,450
But UNICEF had already warned

2518
01:23:19,080 --> 01:23:20,610
that an over overcommitment,

2519
01:23:20,640 --> 01:23:24,330
this this intense focus on COVID

2520
01:23:24,330 --> 01:23:27,030
met on COVID measures would be

2521
01:23:27,030 --> 01:23:28,980
extremely deleterious to

2522
01:23:29,730 --> 01:23:32,520
developing nations because a

2523
01:23:32,520 --> 01:23:34,020
they didn't particularly have a

2524
01:23:34,020 --> 01:23:36,270
need in terms of in terms of

2525
01:23:36,870 --> 01:23:39,420
COVID not been pressing priority

2526
01:23:39,420 --> 01:23:41,880
for them. But also, the effect

2527
01:23:41,880 --> 01:23:43,020
of that would have on their

2528
01:23:43,020 --> 01:23:45,300
economy would lead in UNICEF's

2529
01:23:45,330 --> 01:23:49,230
estimation to six 6.7 million

2530
01:23:49,230 --> 01:23:52,890
children facing famine and

2531
01:23:52,890 --> 01:23:55,590
nutritional problems as a result

2532
01:23:55,890 --> 01:23:58,920
of economic breakdown, breakdown

2533
01:23:58,920 --> 01:24:00,420
of supply chains, food

2534
01:24:00,420 --> 01:24:02,100
insecurity, water insecurity,

2535
01:24:02,100 --> 01:24:04,560
and so forth as a result of the

2536
01:24:04,560 --> 01:24:06,600
global policy response to

2537
01:24:07,020 --> 01:24:10,080
COVID-19. But then UNICEF,

2538
01:24:10,860 --> 01:24:12,090
supported

2539
01:24:13,770 --> 01:24:16,980
by basically AstraZeneca to in

2540
01:24:16,980 --> 01:24:18,780
this deal with the global

2541
01:24:18,810 --> 01:24:22,290
vaccine, Alliance Gavi, to sell

2542
01:24:22,290 --> 01:24:24,840
vaccines on that, on the basis

2543
01:24:24,840 --> 01:24:26,760
of the deal that I've just, I've

2544
01:24:26,760 --> 01:24:29,910
just outlined to developing

2545
01:24:29,910 --> 01:24:33,480
nations, they there was 100 of a

2546
01:24:33,480 --> 01:24:37,380
$1.3 billion deal to do that. So

2547
01:24:37,380 --> 01:24:39,150
having said that these countries

2548
01:24:39,180 --> 01:24:41,850
have knowingly so the UN knows

2549
01:24:41,850 --> 01:24:44,310
that these that, that doing this

2550
01:24:44,310 --> 01:24:45,900
is going to cause harm to

2551
01:24:45,900 --> 01:24:47,790
developing nations and to the

2552
01:24:47,790 --> 01:24:49,470
populations, the people that

2553
01:24:49,470 --> 01:24:51,750
live there, but then supports a

2554
01:24:51,750 --> 01:24:53,700
deal with AstraZeneca which,

2555
01:24:54,150 --> 01:24:56,850
which exploits that precise

2556
01:24:56,850 --> 01:24:59,040
thing that they have said is

2557
01:24:59,040 --> 01:24:59,970
going to be harmful?

2558
01:25:00,810 --> 01:25:02,130
Yeah, doesn't make a lot of

2559
01:25:02,130 --> 01:25:03,330
sense, does it? Well, it does.

2560
01:25:03,330 --> 01:25:04,770
If you know this is about

2561
01:25:06,330 --> 01:25:08,070
protecting their their private

2562
01:25:08,070 --> 01:25:09,810
sector stakeholders and their

2563
01:25:09,810 --> 01:25:11,130
interests more than the other

2564
01:25:11,340 --> 01:25:12,390
interests, they're supposed to

2565
01:25:12,390 --> 01:25:14,760
be all that they claim to be

2566
01:25:14,760 --> 01:25:16,350
supporting, you know, but if

2567
01:25:16,350 --> 01:25:17,640
this is the type of universal

2568
01:25:17,640 --> 01:25:18,570
health coverage that they're

2569
01:25:18,570 --> 01:25:20,700
promising to countries, um, you

2570
01:25:20,700 --> 01:25:22,860
know, there is obvious cause for

2571
01:25:22,860 --> 01:25:24,630
concern. And that's putting it

2572
01:25:24,630 --> 01:25:28,320
lightly looking at how UHC 2030

2573
01:25:28,320 --> 01:25:29,550
has been implementing. And the

2574
01:25:29,550 --> 01:25:30,630
whole idea, you know, what the

2575
01:25:30,630 --> 01:25:32,160
UN here that they're obviously

2576
01:25:32,160 --> 01:25:34,260
ignoring their own advice on

2577
01:25:34,260 --> 01:25:36,990
this stuff is really unsettling.

2578
01:25:37,020 --> 01:25:37,950
And it's also worth pointing

2579
01:25:37,950 --> 01:25:38,850
out, you know, you mentioned

2580
01:25:38,850 --> 01:25:40,260
Dhabi a couple times, and that's

2581
01:25:40,260 --> 01:25:41,760
like a Bill Gates back thing.

2582
01:25:42,180 --> 01:25:44,040
But it's basically, you know,

2583
01:25:44,040 --> 01:25:44,940
they basically said on their

2584
01:25:44,940 --> 01:25:47,160
website, their mission isn't

2585
01:25:47,190 --> 01:25:49,530
about promoting public health or

2586
01:25:49,530 --> 01:25:51,480
global public health, it's about

2587
01:25:51,480 --> 01:25:53,970
the health of vaccine markets.

2588
01:25:54,090 --> 01:25:56,220
That's what they say. So they

2589
01:25:56,220 --> 01:25:57,990
care more about the health of

2590
01:25:58,020 --> 01:25:59,820
vaccine markets. And you can see

2591
01:25:59,820 --> 01:26:01,110
this with the the case, you

2592
01:26:01,110 --> 01:26:02,280
know, that you just mentioned,

2593
01:26:02,940 --> 01:26:04,290
they care more about making the

2594
01:26:04,290 --> 01:26:05,580
market for the vaccine and

2595
01:26:05,580 --> 01:26:06,780
maintaining the health of that

2596
01:26:06,780 --> 01:26:08,580
market than necessarily the

2597
01:26:08,580 --> 01:26:10,380
country they're, you know,

2598
01:26:10,470 --> 01:26:12,360
selling or promoting that

2599
01:26:12,360 --> 01:26:14,850
particular vaccine in. Yeah. I

2600
01:26:14,850 --> 01:26:16,050
mean, I think one of the

2601
01:26:16,050 --> 01:26:16,980
comments that are made in the

2602
01:26:16,980 --> 01:26:18,030
article is that, you know,

2603
01:26:18,030 --> 01:26:20,760
presumably selling superfluous

2604
01:26:20,760 --> 01:26:22,680
drugs to a country that that,

2605
01:26:22,710 --> 01:26:23,910
you know, like Uganda that

2606
01:26:23,910 --> 01:26:25,350
doesn't need them is what GAVI

2607
01:26:25,350 --> 01:26:27,000
would call a healthy market.

2608
01:26:27,390 --> 01:26:29,640
Yeah. But this is all about

2609
01:26:29,640 --> 01:26:31,350
markets, right? The SDGs is all

2610
01:26:31,350 --> 01:26:32,730
about making new markets and

2611
01:26:32,730 --> 01:26:34,470
maintaining markets. And it's

2612
01:26:34,470 --> 01:26:35,970
not it's the act like it's all

2613
01:26:35,970 --> 01:26:37,230
about building up the public and

2614
01:26:37,230 --> 01:26:38,460
all this stuff. And it's really

2615
01:26:38,460 --> 01:26:40,890
just, I don't know,

2616
01:26:42,270 --> 01:26:44,160
lipstick on a pig, I guess.

2617
01:26:45,180 --> 01:26:47,400
We'd say, in the south where I'm

2618
01:26:47,400 --> 01:26:47,880
from.

2619
01:26:49,560 --> 01:26:50,700
Been a while since I've used

2620
01:26:50,700 --> 01:26:52,020
that since I, you know, pretty

2621
01:26:52,020 --> 01:26:53,160
much speaks Spanish all day when

2622
01:26:53,160 --> 01:26:54,210
I'm not doing work. So.

2623
01:26:55,710 --> 01:26:56,850
But I mean, that's, that's

2624
01:26:56,850 --> 01:26:59,340
basically what it is. So, um,

2625
01:26:59,820 --> 01:27:01,560
well, in I think we've we've dug

2626
01:27:01,560 --> 01:27:02,850
in pretty well to, you know, the

2627
01:27:02,850 --> 01:27:04,110
first couple of SDGs that we've

2628
01:27:04,110 --> 01:27:06,540
covered, which is SDG, 17, SDG.

2629
01:27:06,540 --> 01:27:08,550
Three with more in the works.

2630
01:27:08,580 --> 01:27:11,820
So, with that being said, Where

2631
01:27:11,820 --> 01:27:13,170
can people find and support your

2632
01:27:13,170 --> 01:27:15,900
work? Yeah, I write my blog,

2633
01:27:15,900 --> 01:27:18,210
which is Ian davis.com. And

2634
01:27:18,210 --> 01:27:20,460
spelt with an ISIS i n

2635
01:27:20,490 --> 01:27:21,630
davis.com.

2636
01:27:22,770 --> 01:27:24,990
I, fortunately, are right for

2637
01:27:25,020 --> 01:27:26,340
your good self. And

2638
01:27:26,340 --> 01:27:27,990
occasionally, and I also write

2639
01:27:27,990 --> 01:27:30,030
for the UK column.

2640
01:27:31,290 --> 01:27:33,390
And a lot of my work is kind of

2641
01:27:33,390 --> 01:27:36,480
shared with off guardian and Lew

2642
01:27:36,480 --> 01:27:37,830
Rockwell and people like that.

2643
01:27:37,830 --> 01:27:40,530
And yeah, so if you want to find

2644
01:27:40,530 --> 01:27:43,110
my work and come to e davis.com,

2645
01:27:43,110 --> 01:27:44,730
in the first instance, great,

2646
01:27:44,730 --> 01:27:45,810
and for people listening, that

2647
01:27:45,810 --> 01:27:47,100
are interested in following our

2648
01:27:47,100 --> 01:27:48,660
series on unlimited Hangout, I

2649
01:27:48,660 --> 01:27:49,710
would encourage you to sign up

2650
01:27:49,710 --> 01:27:51,360
for the newsletter, unlimited

2651
01:27:51,360 --> 01:27:54,030
hangout.com/newsletter to get

2652
01:27:54,030 --> 01:27:55,530
updates about everything

2653
01:27:55,560 --> 01:27:57,120
unlimited hangout produces,

2654
01:27:57,150 --> 01:27:59,460
including this series and other

2655
01:27:59,460 --> 01:28:01,740
things, and also updates about

2656
01:28:01,740 --> 01:28:03,690
my book with a volume one of

2657
01:28:03,690 --> 01:28:05,610
which is already out. And people

2658
01:28:05,610 --> 01:28:06,750
have been receiving very

2659
01:28:06,750 --> 01:28:09,480
exciting. So any updates on on

2660
01:28:09,480 --> 01:28:10,770
the series in the book, and

2661
01:28:10,770 --> 01:28:12,030
anything else you can find

2662
01:28:12,030 --> 01:28:13,710
there, including this podcast.

2663
01:28:13,980 --> 01:28:15,600
As always, this podcast is made

2664
01:28:15,600 --> 01:28:16,710
possible by the amazing

2665
01:28:16,710 --> 01:28:18,450
subscribers that support it and

2666
01:28:18,450 --> 01:28:19,830
unlimited hangout in general. So

2667
01:28:19,830 --> 01:28:20,940
thank you to everyone that does

2668
01:28:20,940 --> 01:28:22,770
that. And you get early access,

2669
01:28:22,770 --> 01:28:25,080
of course, for this podcast. But

2670
01:28:25,110 --> 01:28:26,250
it always becomes publicly

2671
01:28:26,250 --> 01:28:27,750
available a few days later. So

2672
01:28:27,780 --> 01:28:28,800
you know, at that point, please

2673
01:28:28,800 --> 01:28:30,690
share as widely as possible,

2674
01:28:30,690 --> 01:28:32,040
especially if these stories

2675
01:28:33,210 --> 01:28:34,440
and issues we're addressing

2676
01:28:34,440 --> 01:28:36,570
matter to you because as I said

2677
01:28:36,570 --> 01:28:37,560
to Ian, when we started this

2678
01:28:37,560 --> 01:28:38,820
series, not a lot of people,

2679
01:28:38,820 --> 01:28:40,020
unfortunately, really digging

2680
01:28:40,020 --> 01:28:41,220
into the nuts and bolts of the

2681
01:28:41,220 --> 01:28:42,630
SDGs. And this is something that

2682
01:28:42,630 --> 01:28:45,120
has trillions at this point of

2683
01:28:45,120 --> 01:28:46,650
dollars behind it some of the

2684
01:28:46,650 --> 01:28:47,940
most powerful people in the

2685
01:28:47,940 --> 01:28:49,080
world, the most powerful

2686
01:28:49,080 --> 01:28:50,220
financial interests in the

2687
01:28:50,220 --> 01:28:52,680
world. going full speed ahead on

2688
01:28:52,680 --> 01:28:54,150
having this being implemented on

2689
01:28:54,150 --> 01:28:56,280
a global scale. It's high time

2690
01:28:56,280 --> 01:28:57,390
that more people start paying

2691
01:28:57,390 --> 01:28:59,010
attention to this. So this is

2692
01:28:59,010 --> 01:29:01,380
our effort to do just that. So

2693
01:29:01,560 --> 01:29:03,630
with that being said, thanks a

2694
01:29:03,630 --> 01:29:05,400
lot em for joining me today and

2695
01:29:05,400 --> 01:29:06,600
thank you to everyone listening.

2696
01:29:06,600 --> 01:29:07,710
Catch you on the next episode.