PBD Podcast
Carney's Win SHOCKS Canada & Trump's First 100 Days w/ @VivaFrei | PBD Podcast | Ep. 581
Tue, 29 Apr 2025
Patrick Bet-David, Tom Ellsworth, Vincent Oshana, Adam Sosnick and Viva Frei cover Donald Trump's turbulent first 100 days in office, Mark Carney's shocking victory in Canada's Prime Minister election, escalating U.S.-China tariff war tensions, and the unexpected suicide of Jeffrey Epstein victim Virginia Giuffre.------🍋 ZEST IT FORWARD: https://bit.ly/4jYg3Lh👕 THE LATEST VT MERCH: https://bit.ly/3BZbD6l🥤THE VT YETI COLLECTION: https://bit.ly/4iHfe8Q📕 PBD'S BOOK "THE ACADEMY": https://bit.ly/41rtEV4📰 VTNEWS.AI: https://bit.ly/3OExClZ🎙️ FOLLOW THE PODCAST ON SPOTIFY: https://bit.ly/4g57zR2🎙️ FOLLOW THE PODCAST ON ITUNES: https://bit.ly/4g1bXAh🎙️ FOLLOW THE PODCAST ON ALL PLATFORMS: https://bit.ly/4eXQl6A📱 CONNECT ON MINNECT: https://bit.ly/4ikyEkC👔 BET-DAVID CONSULTING: https://bit.ly/3ZjWhB7🎓 VALUETAINMENT UNIVERSITY: https://bit.ly/3BfA5Qw📺 JOIN THE CHANNEL: https://bit.ly/4g5C6Or💬 TEXT US: Text “PODCAST” to 310-340-1132 to get the latest updates in real-time!ABOUT US:Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
Chapter 1: What major events are discussed regarding Canada's election?
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Ich höre die gleiche Sache. Viva, du bist amerikanisiert durch amerikanische Politik. Eine Trump-Kampagne in Kanada würde nicht funktionieren, wenn Kanadier oder Kanadierinnen oder Kanadierinnen in der Fläche sind. Ich könnte sagen, dass Kanadier sehr propagandisiert sind. Und ich denke nicht, dass sie es verstehen. Und ich denke, wir haben die Ergebnisse davon gesehen.
But the fact that he would turn down or not go on certain podcasts, because people say, well, what good would it do to go on an American podcast? The media in Canada is just going to use it against him, say he's Trump-esque. They're doing it anyhow. No matter what he does, no matter how much he tries to trash Trump, they do it anyhow. They called him mini-Trump.
They drew parallels between his campaign and Trump's campaign. And I said... Du willst die Augen der Welt auf die Themen von Kanada legen, so wie es in Rumänien passiert, wo Caelan Jorgescu nicht qualifiziert wird. Sie verurteilen die Wahl. Und du sagst, nicht die amerikanische Politik zu involvieren, weil es nicht ihr Geschäft ist. Das ist, wie man Dinge auf internationalen Blast setzt.
Und das ist, wie man in den Mainstream geht und die Medienkartelle, die in Kanada existiert, übernimmt. Es war sehr, sehr frustrierend, weil... I've been hard on Pierre for four years. Going back to when he referred to Christine Anderson as hateful, said she should go back to Germany. Going back to when he was wearing the Ukrainian scarf, saying Slava Ukraine.
What kind of leader of a country is chanting glory to another country? You criticize him over the years, try to make him a better candidate. Then he gets involved in this campaign and runs it like he thought he was going to be the anointed Prime Minister. Did you see his interview with Jordan Peterson? No. It was reminiscent of Hillary Clintons happy birthday to this future president.
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Chapter 5: What controversies surround Mark Carney's leadership?
Und Home Depot und andere haben gesagt, wir haben corporate Perks entfernt, wir trimmen Kosten und wir versuchen, die Preise flach zu halten, um dem Präsidenten Zeit zu geben, um den Handel zu machen. Präsident of Home Depot said, CEO of Home Depot said, look, this status quo can't last forever. We need to get the win.
So to Pat's point, that he said 15 minutes ago, that this could be an A plus in 30 days. That's what these people, look, these are companies that are trying to keep the pain off the American consumer, that are trying to keep... Sie sind durch den Wal-Mart gegangen und haben gesagt, und Midwest Trading Group, they talked to CVS. They said this stuff is flat right now.
And so these companies are doing the right thing and should be applauded for trying to hold the line to give the administration a harbor to go get these deals done. But they got to get some closes on it and they got to get it done. And by the way, when the president walked in the door, the S&P was 59.96 on Friday, then it was inaugurated on Monday and it was 6.050 on Friday. Tuesday morning.
It's 55-40 right now. That's down 8%. And yes, that's the worst it's been down since Nixon. That's 8%, not 80%. The average president goes up 1.2%. So be careful what headlines you're being gaslit by. The market only needs... By the way, the market is up 8% in the last 10 days. So if we had another 10 days and it was back up 8%, oh my gosh! It's right back.
Your 401k is right back where it was the day before it was inaugurated. So I think there's a lot of stuff going on and I think things like this is political. Why would you do it? Because of tariffs, here's your pricing. This much is because of tariffs.
When you've got so many other retailers that are out there that haven't moved their pricing because they're trying to give the administration time to get it done.
Such an asshole move. King of the assholes. You know what it is? If you do FDA, that comes out and says, moving forward, you need to say cigarettes can give you cancer. Okay, I got it. Guess who needs to do it? Everybody. So say, you know, whatever the FDA is for business. You need to move forward, put on how much you're paying for this product because of tariffs or whatever.
If it's a blanket that the government is making... Ja, Tom, welcher ist es? Tom, wie weißt du das so gut? Aber das ist eine Erklärung, die sie da hinzufügen müssen, richtig? Wenn das eine Erklärung ist, die sie hinzufügen müssen, die von der Regierung kommt, dann verstehe ich es. Aber für Amazon zu sagen, dass Jeff Bezos es nicht realisiert hat. So dumm.
Du gehst da hin und sagst, wir geben ein Millionen Dollar für die Enauguration und wir machen das und das. Dann gehst du zurück hier. Wo ist die Diplomatie hier? Ich weiß nicht. Oder die Loyalität, oder? China. Loyalität von Jeff Bezos. Ich weiß nicht, wie das gestaltet wird. Ich weiß nicht. Ich weiß nicht, wie das gestaltet wird, diese Beziehung. Du weißt, wie der Markt reagieren wird.
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Chapter 7: What is the significance of the Epstein case in this discussion?
Chapter 8: How do the speakers view the current political climate in Canada?
We're very close to a deal.
I'll be meeting with the Italians.
Yes. Your Prime Minister?
Oh, uh...
Is this the Time Magazine, Rob? So the Time Magazine is a print interview, but right in the beginning of the clip they ask him, have you spoken to President... But he didn't say anything.
He said, I don't want to get into that.
Multiple times. Yeah, multiple times.
Right, but that doesn't mean that they've spoken multiple times today. Where is the Time Magazine one that he says they spoke? Because... That is just a quote from the actual article. Trump claimed in a Time Magazine interview that Chinese President Xi called him... Vielen Dank.
with a 34% tariff on China, later raised it to 145, and ended the de minimis commerce loophole, prompting China to claim it refuses negotiations for a more favorable U.S. deal. Trump expressed confidence in reaching deal
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