But it doesn't seem like we're there now. It seems like we can't get ahead of our problems. I just think we need to understand that China is moving out. They're trying to take our global currency reserve status away, which will impact all of our standard of living. Their navy is now bigger than the US Navy. They're the third largest and probably most modern nuclear fleet or nuclear arsenal country in the world. (23:09–35:27)
CLAIM
Asserts that China is attempting to take away the global currency reserve status from the U.S., impacting the standard of living.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
