Topic: Barbarians

Steve Bannon discusses his new film and the geopolitical strategy of "barbarian management" used by China. He advocates for a 72-hour ultimatum for China to remove military assets from the South China Sea. Bannon credits Trump with reorienting the global supply chain away from East Asia through the new NAFTA deal.

A discussion on the mechanics of leveraged buyouts (LBOs) explains how companies use a target's own assets to finance its purchase, often leading to price hikes and pension fund depletion. The consolidation of the computer book publishing industry by Pearson is used as a primary example of this business model. The film "Barbarians at the Gate" is referenced as a classic depiction of LBO culture.