Transcribe your podcast
[00:00:00]

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[00:00:58]

Hey, everybody. Jon Stewart here. I am I'm here to tell you about my England for answering questions, trouble in Poland for ignoring questions. I believe there was a third country Romney visited in between the two. Hopefully, that will be a place where people aren't so overly sensitive or prone to complaining or heckling. Let's see, where was it?Mitt Romney visited Israel this weekend.It could be wherever you get your podcast.What about my guest tonight? An international economist. She's also a best-selling author. Her new book is called Win or Take All: China's Race for Resources and What It Means for the World. Please welcome to the program, Dembisa Moyo.Thank you for being in all my stuff.Nice to Good to see you.Good to see you. Thank you.Thank you for joining us.Thank you. The book is called Winner Takes All. It's fascinating. You have cataloged that China has been tenaciously gathering commodities for the coming Apocalypse. Is that their plan?No, that's not their plan. I mean, obviously, they have a big agenda in front of them. They've got 1.3 billion people, 300 million people that live like us and Western standards of living, and a billion people who are living in dire poverty. So their most important priority is to make sure that they can deliver economic growth and improve livelihoods for the population.And so the way they've decided to do it is in the old days, The way we would do it is we would conquer a nation and we would say, What do you have in that mountain? They would take it. China has chosen a slightly different approach. What's been their approach?Their The approach is much more friendly. They really are focused on symbiosis. In that sense, they are offering places like South America, Africa, and also developed economies like Canada and Australia, exactly what these places need. In the emerging markets where 90% of the where this population lives, peoples livelihoods, but I think there's a different discourse going on.Does that have to come from central? China does have the advantage of not having to take a vote. Can they just go? Aren't our multinationals engaging in these markets? Isn't Exxon and all these other companies, aren't they selling them coal and electricity and these types of things?The tone comes from the top. If you listen to some of the rhetoric that comes out of policymakers in the United States, it's still very negative. We'll take the example of Africa, for example. There's very rarely a discussion around Africa being an investment destination or a place for trade. Africa has got a billion people, but it's less than 2% of world trade. As I said, these countries need investment, they need trade. We would hope that American policymakers would take the lead and say, We want American companies to engage in Africa instead of taking the approach that Africa is a basket case and it's a place for charity. It's that discourse that I think is missing right now in the American politics.Do you think that the American politicians are also afraid of the corruption that goes on there, and how does China face up with that?Oh, right. I think that there's a sense, quite an unfortunate sense, that somehow China is more corrupt than some of the practices that we see coming from other countries around the world. I think that, of course, there have things like the Foreign Corrupt Practices Act, 1977 from the United States. That was a great act.One of the top. I remember that year. The book is called Winter Takes All. You should read this because once the Chinese are ruling us, they're probably going to make us read it anyway. There'll be some boyo.Hey, everybody. Jon Stewart here. I am here to tell you about my new podcast, The Weekly Show. It's going to be coming out every Thursday. So exciting. You'll be saying to yourself, T-G-I-D. Thank God it's Thursday. We're going to be talking about all the things that hopefully obsess you in the same way that they obsess me. The election, Economics, Earnings Calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. And I know that I listed that, fourth, but in importance, it's probably second. I know you have a lot of options as far as podcasts go, but how many of them come out on Thursday? I mean, talk about innovative. Listen to the Weekly Show with Jon Stewart, wherever you get your podcast. That's our show. Join us tomorrow at 11:00. I just want to very quickly let you know that Dembisa Moyo knows more about everything than me. Here it is your moment of Zen. The Campaign, a new movie starring Will Farrell and Zack Galifanackas. There are actually some pretty racy scenes in But it really has quite a message, doesn't it?Yeah. Explore more shows from The Daily Show podcast universe by searching The Daily Show, wherever you get your podcasts. Watch The Daily Show weeknights at 11:10 central on Comedy Central, and stream full episodes anytime on Paramount+. Paramount Podcasts. Hey, everybody. Jon Stewart here. I am here to tell you about my new podcast, The Weekly Show. It's going to be coming out every Thursday. So exciting. You'll be saying to yourself, T-G-I-D. Thank God it's Thursday. We're going to be talking about all the things that hopefully obsess you in the same way that they obsess me. The election, economics, earnings calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. And I know that I list It's it that. Fourth, but in importance, it's probably second. I know you have a lot of options as far as podcasts go, but how many of them come out on Thursday? I mean, talk about innovative. Listen to the Weekly Show with Jon Stewart, wherever you get your podcast.That's our show. Join us tomorrow at 11:00. I just want to very quickly let know that Dembisa Moyo knows more about everything than me. Here it is your moment of Zen.The Campaign, a new movie starring Will Farrell and Zack Galifanackas. There are actually some pretty racy scenes in this,Thursday. We're going to be talking about all things that hopefully obsess you in the same way that they obsess me. The election, economics, earnings calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. And I know that I listed that fourth, but in importance, it's probably second. I know you have a lot of options as far as podcasts go, but how many of them on Thursday? I mean, talk about innovative. Listen to the Weekly Show with Jon Stewart, wherever you get your podcast.

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England for answering questions, trouble in Poland for ignoring questions. I believe there was a third country Romney visited in between the two. Hopefully, that will be a place where people aren't so overly sensitive or prone to complaining or heckling. Let's see, where was it?

[00:04:56]

Mitt Romney visited Israel this weekend.

[00:04:59]

It could be wherever you get your podcast.What about my guest tonight? An international economist. She's also a best-selling author. Her new book is called Win or Take All: China's Race for Resources and What It Means for the World. Please welcome to the program, Dembisa Moyo.Thank you for being in all my stuff.Nice to Good to see you.Good to see you. Thank you.Thank you for joining us.Thank you. The book is called Winner Takes All. It's fascinating. You have cataloged that China has been tenaciously gathering commodities for the coming Apocalypse. Is that their plan?No, that's not their plan. I mean, obviously, they have a big agenda in front of them. They've got 1.3 billion people, 300 million people that live like us and Western standards of living, and a billion people who are living in dire poverty. So their most important priority is to make sure that they can deliver economic growth and improve livelihoods for the population.And so the way they've decided to do it is in the old days, The way we would do it is we would conquer a nation and we would say, What do you have in that mountain? They would take it. China has chosen a slightly different approach. What's been their approach?Their The approach is much more friendly. They really are focused on symbiosis. In that sense, they are offering places like South America, Africa, and also developed economies like Canada and Australia, exactly what these places need. In the emerging markets where 90% of the where this population lives, peoples livelihoods, but I think there's a different discourse going on.Does that have to come from central? China does have the advantage of not having to take a vote. Can they just go? Aren't our multinationals engaging in these markets? Isn't Exxon and all these other companies, aren't they selling them coal and electricity and these types of things?The tone comes from the top. If you listen to some of the rhetoric that comes out of policymakers in the United States, it's still very negative. We'll take the example of Africa, for example. There's very rarely a discussion around Africa being an investment destination or a place for trade. Africa has got a billion people, but it's less than 2% of world trade. As I said, these countries need investment, they need trade. We would hope that American policymakers would take the lead and say, We want American companies to engage in Africa instead of taking the approach that Africa is a basket case and it's a place for charity. It's that discourse that I think is missing right now in the American politics.Do you think that the American politicians are also afraid of the corruption that goes on there, and how does China face up with that?Oh, right. I think that there's a sense, quite an unfortunate sense, that somehow China is more corrupt than some of the practices that we see coming from other countries around the world. I think that, of course, there have things like the Foreign Corrupt Practices Act, 1977 from the United States. That was a great act.One of the top. I remember that year. The book is called Winter Takes All. You should read this because once the Chinese are ruling us, they're probably going to make us read it anyway. There'll be some boyo.Hey, everybody. Jon Stewart here. I am here to tell you about my new podcast, The Weekly Show. It's going to be coming out every Thursday. So exciting. You'll be saying to yourself, T-G-I-D. Thank God it's Thursday. We're going to be talking about all the things that hopefully obsess you in the same way that they obsess me. The election, Economics, Earnings Calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. And I know that I listed that, fourth, but in importance, it's probably second. I know you have a lot of options as far as podcasts go, but how many of them come out on Thursday? I mean, talk about innovative. Listen to the Weekly Show with Jon Stewart, wherever you get your podcast. That's our show. Join us tomorrow at 11:00. I just want to very quickly let you know that Dembisa Moyo knows more about everything than me. Here it is your moment of Zen. The Campaign, a new movie starring Will Farrell and Zack Galifanackas. There are actually some pretty racy scenes in But it really has quite a message, doesn't it?Yeah. Explore more shows from The Daily Show podcast universe by searching The Daily Show, wherever you get your podcasts. Watch The Daily Show weeknights at 11:10 central on Comedy Central, and stream full episodes anytime on Paramount+. Paramount Podcasts. Hey, everybody. Jon Stewart here. I am here to tell you about my new podcast, The Weekly Show. It's going to be coming out every Thursday. So exciting. You'll be saying to yourself, T-G-I-D. Thank God it's Thursday. We're going to be talking about all the things that hopefully obsess you in the same way that they obsess me. The election, economics, earnings calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. And I know that I list It's it that. Fourth, but in importance, it's probably second. I know you have a lot of options as far as podcasts go, but how many of them come out on Thursday? I mean, talk about innovative. Listen to the Weekly Show with Jon Stewart, wherever you get your podcast.That's our show. Join us tomorrow at 11:00. I just want to very quickly let know that Dembisa Moyo knows more about everything than me. Here it is your moment of Zen.The Campaign, a new movie starring Will Farrell and Zack Galifanackas. There are actually some pretty racy scenes in this,Thursday. We're going to be talking about all things that hopefully obsess you in the same way that they obsess me. The election, economics, earnings calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. And I know that I listed that fourth, but in importance, it's probably second. I know you have a lot of options as far as podcasts go, but how many of them on Thursday? I mean, talk about innovative. Listen to the Weekly Show with Jon Stewart, wherever you get your podcast.

[00:19:34]

wherever you get your podcast.

[00:19:38]

What about my guest tonight? An international economist. She's also a best-selling author. Her new book is called Win or Take All: China's Race for Resources and What It Means for the World. Please welcome to the program, Dembisa Moyo.

[00:19:54]

Thank you for being in all my stuff.

[00:19:58]

Nice to Good to see you.

[00:20:00]

Good to see you. Thank you.

[00:20:01]

Thank you for joining us.Thank you. The book is called Winner Takes All. It's fascinating. You have cataloged that China has been tenaciously gathering commodities for the coming Apocalypse. Is that their plan?

[00:20:22]

No, that's not their plan. I mean, obviously, they have a big agenda in front of them. They've got 1.3 billion people, 300 million people that live like us and Western standards of living, and a billion people who are living in dire poverty. So their most important priority is to make sure that they can deliver economic growth and improve livelihoods for the population.

[00:20:41]

And so the way they've decided to do it is in the old days, The way we would do it is we would conquer a nation and we would say, What do you have in that mountain? They would take it. China has chosen a slightly different approach. What's been their approach?

[00:20:59]

Their The approach is much more friendly. They really are focused on symbiosis. In that sense, they are offering places like South America, Africa, and also developed economies like Canada and Australia, exactly what these places need. In the emerging markets where 90% of the where this population lives, peoples livelihoods, but I think there's a different discourse going on.Does that have to come from central? China does have the advantage of not having to take a vote. Can they just go? Aren't our multinationals engaging in these markets? Isn't Exxon and all these other companies, aren't they selling them coal and electricity and these types of things?The tone comes from the top. If you listen to some of the rhetoric that comes out of policymakers in the United States, it's still very negative. We'll take the example of Africa, for example. There's very rarely a discussion around Africa being an investment destination or a place for trade. Africa has got a billion people, but it's less than 2% of world trade. As I said, these countries need investment, they need trade. We would hope that American policymakers would take the lead and say, We want American companies to engage in Africa instead of taking the approach that Africa is a basket case and it's a place for charity. It's that discourse that I think is missing right now in the American politics.Do you think that the American politicians are also afraid of the corruption that goes on there, and how does China face up with that?Oh, right. I think that there's a sense, quite an unfortunate sense, that somehow China is more corrupt than some of the practices that we see coming from other countries around the world. I think that, of course, there have things like the Foreign Corrupt Practices Act, 1977 from the United States. That was a great act.One of the top. I remember that year. The book is called Winter Takes All. You should read this because once the Chinese are ruling us, they're probably going to make us read it anyway. There'll be some boyo.Hey, everybody. Jon Stewart here. I am here to tell you about my new podcast, The Weekly Show. It's going to be coming out every Thursday. So exciting. You'll be saying to yourself, T-G-I-D. Thank God it's Thursday. We're going to be talking about all the things that hopefully obsess you in the same way that they obsess me. The election, Economics, Earnings Calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. And I know that I listed that, fourth, but in importance, it's probably second. I know you have a lot of options as far as podcasts go, but how many of them come out on Thursday? I mean, talk about innovative. Listen to the Weekly Show with Jon Stewart, wherever you get your podcast. That's our show. Join us tomorrow at 11:00. I just want to very quickly let you know that Dembisa Moyo knows more about everything than me. Here it is your moment of Zen. The Campaign, a new movie starring Will Farrell and Zack Galifanackas. There are actually some pretty racy scenes in But it really has quite a message, doesn't it?Yeah. Explore more shows from The Daily Show podcast universe by searching The Daily Show, wherever you get your podcasts. Watch The Daily Show weeknights at 11:10 central on Comedy Central, and stream full episodes anytime on Paramount+. Paramount Podcasts. Hey, everybody. Jon Stewart here. I am here to tell you about my new podcast, The Weekly Show. It's going to be coming out every Thursday. So exciting. You'll be saying to yourself, T-G-I-D. Thank God it's Thursday. We're going to be talking about all the things that hopefully obsess you in the same way that they obsess me. The election, economics, earnings calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. And I know that I list It's it that. Fourth, but in importance, it's probably second. I know you have a lot of options as far as podcasts go, but how many of them come out on Thursday? I mean, talk about innovative. Listen to the Weekly Show with Jon Stewart, wherever you get your podcast.That's our show. Join us tomorrow at 11:00. I just want to very quickly let know that Dembisa Moyo knows more about everything than me. Here it is your moment of Zen.The Campaign, a new movie starring Will Farrell and Zack Galifanackas. There are actually some pretty racy scenes in this,Thursday. We're going to be talking about all things that hopefully obsess you in the same way that they obsess me. The election, economics, earnings calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. And I know that I listed that fourth, but in importance, it's probably second. I know you have a lot of options as far as podcasts go, but how many of them on Thursday? I mean, talk about innovative. Listen to the Weekly Show with Jon Stewart, wherever you get your podcast.

[00:23:45]

s livelihoods, but I think there's a different discourse going on.

[00:23:47]

Does that have to come from central? China does have the advantage of not having to take a vote. Can they just go? Aren't our multinationals engaging in these markets? Isn't Exxon and all these other companies, aren't they selling them coal and electricity and these types of things?

[00:24:03]

The tone comes from the top. If you listen to some of the rhetoric that comes out of policymakers in the United States, it's still very negative. We'll take the example of Africa, for example. There's very rarely a discussion around Africa being an investment destination or a place for trade. Africa has got a billion people, but it's less than 2% of world trade. As I said, these countries need investment, they need trade. We would hope that American policymakers would take the lead and say, We want American companies to engage in Africa instead of taking the approach that Africa is a basket case and it's a place for charity. It's that discourse that I think is missing right now in the American politics.

[00:24:40]

Do you think that the American politicians are also afraid of the corruption that goes on there, and how does China face up with that?

[00:24:47]

Oh, right. I think that there's a sense, quite an unfortunate sense, that somehow China is more corrupt than some of the practices that we see coming from other countries around the world. I think that, of course, there have things like the Foreign Corrupt Practices Act, 1977 from the United States. That was a great act.

[00:25:05]

One of the top. I remember that year. The book is called Winter Takes All. You should read this because once the Chinese are ruling us, they're probably going to make us read it anyway. There'll be some boyo.

[00:25:22]

Hey, everybody. Jon Stewart here. I am here to tell you about my new podcast, The Weekly Show. It's going to be coming out every Thursday. So exciting. You'll be saying to yourself, T-G-I-D. Thank God it's Thursday. We're going to be talking about all the things that hopefully obsess you in the same way that they obsess me. The election, Economics, Earnings Calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. And I know that I listed that, fourth, but in importance, it's probably second. I know you have a lot of options as far as podcasts go, but how many of them come out on Thursday? I mean, talk about innovative. Listen to the Weekly Show with Jon Stewart, wherever you get your podcast. That's our show. Join us tomorrow at 11:00. I just want to very quickly let you know that Dembisa Moyo knows more about everything than me. Here it is your moment of Zen. The Campaign, a new movie starring Will Farrell and Zack Galifanackas. There are actually some pretty racy scenes in But it really has quite a message, doesn't it?

[00:26:21]

Yeah. Explore more shows from The Daily Show podcast universe by searching The Daily Show, wherever you get your podcasts. Watch The Daily Show weeknights at 11:10 central on Comedy Central, and stream full episodes anytime on Paramount+. Paramount Podcasts. Hey, everybody. Jon Stewart here. I am here to tell you about my new podcast, The Weekly Show. It's going to be coming out every Thursday. So exciting. You'll be saying to yourself, T-G-I-D. Thank God it's Thursday. We're going to be talking about all the things that hopefully obsess you in the same way that they obsess me. The election, economics, earnings calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. And I know that I list It's it that. Fourth, but in importance, it's probably second. I know you have a lot of options as far as podcasts go, but how many of them come out on Thursday? I mean, talk about innovative. Listen to the Weekly Show with Jon Stewart, wherever you get your podcast.

[00:26:25]

That's our show. Join us tomorrow at 11:00. I just want to very quickly let know that Dembisa Moyo knows more about everything than me. Here it is your moment of Zen.

[00:26:38]

The Campaign, a new movie starring Will Farrell and Zack Galifanackas. There are actually some pretty racy scenes in this,Thursday. We're going to be talking about all things that hopefully obsess you in the same way that they obsess me. The election, economics, earnings calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. And I know that I listed that fourth, but in importance, it's probably second. I know you have a lot of options as far as podcasts go, but how many of them on Thursday? I mean, talk about innovative. Listen to the Weekly Show with Jon Stewart, wherever you get your podcast.

[00:27:28]

Thursday. We're going to be talking about all things that hopefully obsess you in the same way that they obsess me. The election, economics, earnings calls. What are they talking about on these earnings calls? We're going to be talking about ingredient to bread ratio on sandwiches. And I know that I listed that fourth, but in importance, it's probably second. I know you have a lot of options as far as podcasts go, but how many of them on Thursday? I mean, talk about innovative. Listen to the Weekly Show with Jon Stewart, wherever you get your podcast.