You are not prepared for what is coming…

farmers plant in the spring. Right now,

we are shutting down the critical

ingredients to most European factories

who make fertilizer.

>> Right. Okay. And so, by the time that

gets through, whenever it gets through,

it's going to be too late

to make the fertilizer. You're going to

miss the whole spring season. So, I I

don't know. I just saw a headline.

Goldman Sachs uh leading member of the

New York Fed says that uh it's going to

be shut down for 21 days, right?

>> Yeah.

>> Missed the planning season. Okay. So, so

if if you look at the material coming

through that's critical to chip

production, the material coming through

the straits that's critical to

fertilizer and food, and the material

coming through that's that's critical to

energy, you're talking about massive

dislocation of the global economy and if

it goes on for long enough, I mean, we

have Peru, Thailand, other people

talking about doing CO kind of shutdowns

to save gas and fuel. No,

>> in case you missed it, there is a war

going on in the Middle East.

After Iran received strikes on their

military leaders from the US and Israel,

they decided to essentially blockade the

straight of Hormuz where 20% of the

world's oil and gas flows through as

well as fertilizer. Right now, this is

creating what the International Energy

Agency is calling the worst energy

crisis in modern history. The

Philippines declared a national

emergency.

Several countries in Asia are already

rationing fuel in Europe might be next.

Gas prices in the US are on their way to

all-time highs. And airlines are

cancelling thousands of flights. So

about 3 weeks into this whole conflict,

Trump gave Iran an ultimatum. Open the

straight or have your power plants

bombed. This would be a humanitarian

disaster that could leave tens of

millions of people without power and

according to experts would very likely

constitute a war crime as this would be

an attack on civilian infrastructure. At

first he gave Iran 48 hours and then

before that time elapsed he said that

the US and Iran were in talks. So he

extended the deadline for 10 days and

now that time is coming up. and he

posted a 48-hour reminder for the 10

days. And then he also posted this on

Easter Sunday. He said, quote, "Tuesday

will be power plant day and bridge day

all wrapped up in one in Iran. There

will be nothing like it. Open the effing

straight, you crazy, or you'll be living

in hell. Just watch. Praise be to Allah.

Donald J. Trump. End quote.

He later put out a post giving the exact

deadline of Tuesday, 8:00 p.m. Eastern.

Uh, which is a little bit later than

that original 48 hour reminder that he

gave on Saturday. And so, everyone is

wondering if Trump is actually going to

follow through this time or if he's

going to push the deadline back again.

Now, I personally have no idea what is

going to happen next, but what I can say

with confidence is that the way that

this is moving is looking like we're

definitely pushing into the direction of

having a complete and utter global

economic catastrophe. At this point,

even if the straight of Hormuz is

opened, we have energy infrastructure

around the world that's been destroyed.

A liqufied natural gas refiner in Qatar

has said that they will need up to 5

years to get back up to their normal

production capacity. Ukraine has been

damaging energy infrastructure in

Russia.

The US had some random explosion at a

refinery in Texas. And it just feels

like the world's energy infrastructure

is under attack. Now, if the war

continues to escalate,

then the damage that's being done is

something that's going to last for

years. It will take them a 100red years

to rebuild. Right now, if we left today,

it would take them 20 years to rebuild

their country, and it would never be as

good as it was. And the only way they're

going to be able to rebuild their

country is to utilize the genius of the

United States of America. And the

problems that come from this might not

just be higher gas prices.

>> So this is CO 2.0.

>> Yeah.

>> Because Yeah. It's this is how you shut

down. This is a new excuse to shut down

um to preserve energy and food. I think

the big problem here is famine. So you

have seen the new administration in the

United States systematically cut the

domestic funds that are available to

support food for poor people in

emergencies as well as the USID and

state department aid to protect

countries that have emergencies you know

like food. So, so you have I don't know

25

maybe billion dollars traditionally that

the US had available to to stop famines.

That money is all cut and now you have

something that's creating the conditions

of famine.

>> The thing that I'm most concerned with

is the fact that people really aren't

paying attention to this yet and we're

pretty deep into the issue. The problems

that are going to come from this haven't

made it to the west yet because there's

still shipments that are making their

way to their destinations.

I watched a video the other day from a

guy named Max Fiser. Shout out to you,

Max. And he described how the oil

tankers that are floating across the

ocean are moving at the rate of a

bicycle.

And therefore it can take around a month

for the shipments to get from the

straight of Hormuz to where they would

typically go. So a lot of the world

hasn't necessarily seen the last of the

shipments that have made their way out

of the straight of Hormuz. But once the

final shipments make it to their

destinations,

things are going to get a little bit

different. A lot of analysts, including

JP Morgan, essentially said that it

would be around midappril that all of

the effects from this would start to hit

the western world. Once those final

shipments make it to their destinations,

the way that things are starting to work

is that

essentially these oil tankers and

whatnot are getting redirected based

upon where people are bidding the

highest for the delivery of these goods.

And so because of that, right, you're

going to see massive increases in the

prices of things because you're just

going to have an all-out bidding war for

getting the goods that you need. Now,

that's what's happening on the global

trade level, and I don't expect things

to get like that uh down to the local

level, but just something to keep in

mind. The biggest problem that could

come with an escalation of the war is

the closing of the Bob Elmand Debstrait

over in the Red Sea, which the Houthi

rebels from Yemen have already

threatened to go ahead and try to close.

That right there would make this problem

even worse. The biggest concern that I

have is that all of this that's

happening in the world could easily be

pushing us into a place that looks a lot

like what we saw in 2020

where people had to rely on government

services just to get by. We saw a member

of Congress in the United States

actually released legislation that did

not get passed, but it was floated that

had language about digital dollar

wallets and Fed accounts when at that

time nobody had heard anything about

anything like that besides people like

you who are watching videos like this.

We just saw the White House release

their little news app, right? And that

could easily turn into something else.

My concern is that if we get some sort