Cyrus Janssen: "I don't believe that China is the biggest threat to the United States"

One fundamental belief that has really guided me a lot is be the change you want to see in the world.  It's very simple...  So I want to see a change between the U.S. and China.  Maybe I'm too small.  Maybe I'm just one person.  Maybe I can't really influence this, but I'm going to go try.  I'm going to try to be that change that I want to see in the world.

I don't believe that China is the biggest threat to the United States.  That is something that I'm going to die on.  It's a fundamental belief of mine that's something that I'm going to continue to preach on.  So when I talk to people, when I speak in conferences around the world, when I speak to anybody, from the side of the street to...  I went to a local pharmacy and there were two guys talking about China.  "Oh, China's taking all our jobs, there's no manufacturing anymore in America because of China.  China's the problem!"  And I thought, "What's interesting is that, what phone do you have?"  

"Oh, I have an iPhone."  

"Okay, well, if we bring that factory back to America, we're going to have to hire Americans for about $50 to $60 an hour because they won't work for less than that in a factory.  They don't want to do that job.  So are you willing to pay $5,000 to $6,000 for an iPhone?"  

"$5,000 to $6,000?  That's insane."

"Exactly, that's why we need China, because there's also a fundamental reason why Apple's gone to China, is because they're able to produce the best quality phones, at the best prices and they do so because it's China...  And as a result, Apple's become one of the most valuable companies in the world.  So if anything, just go buy some Apple stock and enjoy the tangible benefits that come from dealing with China,"

~ Cyrus Janssen, "Shocking Truth About China Told by an American," Max Chernov, 38:15 mark, October 14, 2024