TRUMP: just shoot them

And Donald Trump just encouraged NATO

allies to shoot down Russian jets if

airspace is violated in NATO countries

like over Latvia or Lithuania or

Estonia. This comes at the same time as

funding by the United States for these

countries has fallen off a cliff. Uh you

can go to foreign aid uh.gov gov and you

can really see the assistance that's

provided by the United States to these

countries. It's actually foreign

assistance.gov. Uh and it's plummeted.

Like for example, you look at Lithuania,

we were sending them $20 billion uh in

Hold on, let me make sure this is in

thousands. Let's make sure this because

it's plummeted to zero. But this only

indicates 20 mil right now. I want No,

actually only 20 million bucks. So it's

not multiplied by thousands. We were

saying they have $20 million in foreign

assistance. Not sure how many bombs

that's actually going to buy or weapons

or, you know, buys like a fraction of an

F-35. Uh, and that's plummeted to uh all

the way down here to

0 for Lithuania in 2025. If we look at

Estonia, we could see Estonia uh has

plummeted from 21 mil down to zero in

terms of foreign assistance. Uh and then

if we go to Latvia, we can see $23

million down to about 2.9. So Trump's

funding or foreign assistance towards

these other countries clearly

getting a rapid cut while at the same

time Donald Trump now suggesting that

the NATO countries should shoot down

Russian aircraft. To me, uh it makes

sense. You violate our airspace. Hey,

you got to stand strong. But I also

think it's a little bit rich for Donald

Trump to argue that, hey, you know, you

should fight Russia on your own.

Basically, these are tiny countries,

small GDPs. Latvia's GDP, just as an

example, is $43 billion.

Uh, compare that to Russia. Russia is

2,174

billion. That's $2.1 trillion, right?

Russia's 50 times economically the size

of this small country. So it's no

surprise these smaller countries are

think you know the UN isn't really

helping us. The US is cutting our

funding and now Trump is saying shoot

down Russian jets. That's cool and all

but we don't know that we can

necessarily afford that. The president

of Latvia was suggesting that they spend

about 5% nearly 5% of their GDP on

defense. It's probably closer to 4%

realistically when we look at some of

the data. Well, 4% of GDP of 43 bill is

about $1.7 billion. It's relatively

small in the scope of what it's going to

take to actually fight Russia should one

of these smaller countries shoot down a

Russian jet and then Russia responded.

This is almost where you get a little

bit of a World War II concern because if

Donald Trump is so loosely willing to

say, "Yeah, just start shooting down

Russian planes." Which makes sense.

Don't violate our airspace. But the

question is, could that then turn into a

retaliatory action from Russia where now

all of a sudden you have uh you know a

an attack on one is an attack on all

claim under NATO.

It's going to be a little problematic.

It's going to cost a whole lot more than

that foreign assistance we're funding

right now. Here's that clip if you

haven't seen it yet.

>> NATO countries should shoot down Russian

aircraft and they enter their airspace.

>> Yes, I do.

>> Sorry.

>> So, the question was, do you support the

shooting down of Russian aircraft uh if

Russian aircraft enter their airspace?

Tough talk. But then again, we've had

tough talk from Donald Trump for quite a

while. Uh and so when the Latvian

president was just pressed on this uh

who's at the United Nations uh

conference on Bloomberg, he said, "Look,

we're not going to do a no-fly zone

because that would mean no planes at

all. We are moving from policing the

airspace to defending the airspace,

which is a little bit of of sort of a

tell that you know the countries are

stepping up their work uh uh you know

protecting their airspace. You did have

uh some, you know, drone incident shut

down airports in Oslo and Copenhagen. Uh

but it's unclear if those were Russian

drones after roughly about 20 Russian

drones ended up in Poland. So you've got

a little bit of disrespect by the Putin

war machine for NATO, but I think that's

intentional. I think Putin is

purposefully doing this to say, "Hey,

Trump's not going to do anything for

you. He's cutting your funding. He's

telling you to shoot down our planes.

You ain't going to do it cuz you know

Trump's not going to be there for you.

Trump says he was going to end the war

within 24 hours. That didn't happen.

Trump says he was going to, you know,

negotiate an end to the war with Putin

by meeting. That didn't happen. Uh and

you know, Trump says there are going to

be secondary sanctions on countries like

India or China if they import uh Russian

oil. That still hasn't happened. And

every time Trump is pressed on it, it's

uh give me another 30 days. even in this

very interview today says I'll let you

know how things are going with Putin in

30 days. He was asked directly do you

know do you trust Putin? He's I'll let

you know in 30 days. Still can't give an

answer on that. Should be pretty clear

at this point.

So this is I think uh this combined with

Powell's lack of uh desire to reiterate

three rate cuts this year has led

markets to yeah turn red towards the end

of the day of trading here. You've got

Tesla that lost the lead. Uh I did send

an alert to course members that I was

not enthusiastic about Tesla above 414

and the last couple days it's really

given up its trading gains uh both of

the days. And so it doesn't really

surprise me just because we don't have a

lot of support above 414. Uh you know

even I mean you could try to draw a

brief uptrend but it's not a surprise

that look at this. You know we drew this

as a gray line cuz we're like this is

this is so unsupported. There's nothing

supporting this. So it's totally not

surprising that we would move down to

the 100 hour moving average here uh

almost perfectly and 414 could be next.

Although we are going into you know a

pretty can I use the word catalytic next

two weeks not to be confused with

catalytic converters but you know uh a

lot of labor data coming out which will

actually provide some guidance versus

the lack of anything we got from Powell.

Uh but uh yeah no nobody wants to hear

this aggression over potentially World

War II threats. So this this fighter jet

comet is a borderline World War II

threat. In fact, look, Bloomberg's

talking about it right now.

>> Lovely.

>> Yes. Yeah, we can know. But that'll be a

good one. Trump is hosting a reception

tonight. We don't actually know who's

going.

>> NATO allies should shoot down Russian

aircraft. Let's see if they say anything

>> thing like you know MLE and the other

whatevers uh or if it's a broader thing.

So, we'll see. But we don't know right

now whether they'll let the press in,

but I'll be there waiting.

>> Could just be a little by line that

they're running here. But more I feel

like more should be paying attention to

this because it is it is in my opinion a

a pretty big deal. Uh it has much more

of a highlight in my opinion than the UN

meeting that we saw because it is it is

sort of a direct license to hey let's

shoot us down. I think that then and of

course he's sitting there with Zilinsky

right which is what Zalinsky wants to

hear which is a total U-turn from what

we saw in February with him and JD

Vance. But it is probably going to lead

to calls to Donald Trump from these

other presidents like, "Hey, like we'll

we'll take you up on that, but like are

you going to fund us?" And I think the

answer to that is no. Like, you know,

Trump is bragging about how he's the

peacemaker and he deserves the Nobel P

peace prize. Uh, and here he's basically

saying, "Hey,

World War II, no problem, buddies. Yeah,

just shoot him down, man. This there's

so much at play here." And uh I'm a

little disappointed about that. Uh

somebody here in the chat says, "I don't

think it's a big deal." I mean, I think

it's a pretty big deal, but like imagine

itself is not a big deal because it's

just a comment. But you have to

understand what happens if Poland, let's

just say, or Latvia shoots down a

Russian jet and then Russia's like,

"What the hell? You just killed a

Russian soldier." and then they they

bomb an airport in, you know, a military

base or whatever in Poland, you know,

what do you do then? You know, that's

what you have to be cautious of because

now all of a sudden you do have an

attack on a NATO member and then

Russia's just going to go, "Hey, man, it

was just retaliation, bro. Like, they

shot down our fighter pilot. Like, don't

do that, bro. Like, if you don't want us

to attack you, don't attack us." And

it's like, "We'll get out of our

airspace." Uh, and then it's like, dude,

you It's just a little violation on a

chart. Yeah. Well, Donald Trump told us

to shoot you down. Okay. Well, then

we're going to bomb you. Like, it's it's

really easy to downplay this. And then

you have to remember, you know, Russia

has a very strong nuclear power. They

they have the second most nuclear

weapons anywhere uh in the world. It's

the United States and then Russia

and then a massive plummet and then you

get to China. So uh you know some issues

here uh and these sort of uh

provocations um could escalate tensions

which which could be reflected in the

market at all-time highs. It just sort

of compounds with government shutdown

and the catalyst was about this. We'll

we'll try a little advertising and see

how it goes. Congratulations man. You

have done so much. People love you.

People look up to you.

>> Kevin Praath there, financial analyst

and YouTuber. Meet Kevin. Always great

to get your take.