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Risk vs Diplomacy: Putin on Gas, Khazin on Insurance, Iran War’s Global Economic Shock · International Flavor: Where the Truth Tastes Better

• 0:00
  Hello, good morning. Welcome. I am
• 0:01
  Samuel Trap. This is International
• 0:03
  Flavor. You are listening to
• 0:06
  damnadio.com.
• 0:08
  Very glad to have you this morning. I uh
• 0:12
  actually got some sleep last night. So,
• 0:14
  you know, there's a switch. Um pretty
• 0:17
  crazy. Uh but it's pretty sad because I
• 0:21
  never sleep and on the days that I do
• 0:23
  sleep, it's like I'm ready to go and
• 0:25
  some some kind of lunatic and all I do
• 0:27
  is work. Um, I I wanted to let you know
• 0:29
  before I get started on my topic today
• 0:31
  that uh tomorrow is uh civic outlaws day
• 0:35
  here on um DAM radio and our program.
• 0:42
  Why is it always why does something feel
• 0:43
  echoey in here? I don't know what's
• 0:45
  going on. Um but it is it is echoey and
• 0:48
  I don't like it. Um, at any rate, uh,
• 0:52
  tomorrow is Civic Outlaws Day and I have
• 0:54
  a another analysis, another bit of an
• 0:58
  article. Um, as you know, uh, our focus
• 1:01
  for the last, oh, gee, several months
• 1:05
  and then a couple of, uh, we have
• 1:07
  several topics that we're working on.
• 1:08
  The the the two most important uh, well,
• 1:12
  there's three. One is licensing in
• 1:14
  general issues that I spoke about here.
• 1:16
  The other one is uh legislative action
• 1:20
  to expand the police state. In my view,
• 1:25
  uh I noticed that uh in my email uh this
• 1:29
  morning when I when I uh checked it, I
• 1:33
  got a response to the sunshine request
• 1:36
  that I sent out to uh
• 1:39
  uh Representative Benny Cook. Um I
• 1:41
  haven't read it yet. Haven't uploaded
• 1:43
  anything. haven't haven't checked out
• 1:45
  any of the documents he sent me or what
• 1:47
  the answer is. Nothing. I chose uh since
• 1:49
  I didn't have the time to look at it and
• 1:51
  give it any respect, I chose not to. And
• 1:54
  uh but I will after the show and uh I'll
• 1:57
  go dig in. I've already written another
• 1:59
  article regarding one of his one of his
• 2:03
  uh another sponsored bill that he has
• 2:06
  done.
• 2:09
  Where's this echoing coming from? Uh
• 2:12
  it's driving me crazy. Anyway, uh the I
• 2:16
  I've written this article and this one
• 2:18
  is uh with the help of glasses I can
• 2:21
  tell you what it is. And so for
• 2:24
  tomorrow's show I'll be going through my
• 2:27
  fifth article and this one's kind of a
• 2:29
  combination. Um there's uh two there's a
• 2:33
  Senate bill and a House bill. The Senate
• 2:35
  bill is the companion of the House bill
• 2:38
  and it's about ATC. The House bill is
• 2:40
  3154. The Senate bill is 1407 and
• 2:44
  basically it's it's really interesting
• 2:47
  to me and I don't have any concrete
• 2:49
  convictions. I have my first impressions
• 2:52
  of it and my first impressions are I
• 2:55
  don't like it. I think anything and if
• 2:57
  you get to know me, you will know that I
• 3:00
  don't like the expansion of state power.
• 3:02
  I just don't like it. I believe they
• 3:04
  have enough power. They don't need
• 3:05
  anymore. I believe the bureaucrat needs
• 3:07
  to uh tone it down a little bit and turn
• 3:10
  into an administrator like they're
• 3:12
  supposed to be and and not a uh not gez
• 3:15
  I'm God's gift to the planet cuz I
• 3:17
  happen to run an agency you know hell
• 3:19
  with you know no offense but who cares
• 3:23
  it's
• 3:26
  what makes you God's gift to the planet
• 3:28
  you're not none of us are it's live and
• 3:32
  let live you need to uh work with people
• 3:35
  and allow people to expand their own
• 3:38
  dreams, not just you and yours. And if
• 3:40
  and if you're in the bureaucrat position
• 3:42
  because it's the easy route, well, I
• 3:44
  don't have as much respect for you as I
• 3:46
  would of somebody else. You know, when I
• 3:48
  look at a bureaucrat, the sad truth is
• 3:50
  is I see a person who's learned how to
• 3:53
  kiss ass or has had people kiss ass up
• 3:55
  to them. That's how you get there
• 3:58
  truthfully. There's no other you you get
• 4:01
  your positions because you're connected.
• 4:04
  That's why people that aren't connected,
• 4:06
  we get a [ __ ] from the sidelines. And
• 4:09
  uh uh that's how it works. That's
• 4:12
  America. That's mostly every other
• 4:14
  country on the planet, too. It doesn't
• 4:16
  matter the form of government. The
• 4:18
  government is not your friend. Very
• 4:22
  seldom is that the case. And the
• 4:24
  government is is is, you know, just
• 4:26
  because they're not out to get you
• 4:29
  doesn't mean you shouldn't be paranoid.
• 4:32
  No, it's a it's a simple equation and
• 4:35
  and and I'm telling you things that
• 4:37
  expand the power of the police state
• 4:41
  drive me crazy. But that is not my topic
• 4:43
  for today. But tomorrow's article will
• 4:45
  be it's called and I've already written
• 4:48
  it. It's done. It's civic outlaws series
• 4:50
  article number five, House Bill 3154,
• 4:54
  Senate Bill 1407, the 10% owner drag
• 4:57
  net, and the return of discretionary
• 5:01
  licensing policy. This is BS. This is
• 5:04
  not this this is these are not good
• 5:06
  bills and you should be uh sending
• 5:10
  things to your representatives and
• 5:12
  saying, "Look, anything that expands the
• 5:14
  power of the state, I'm not for it." And
• 5:17
  you know the only thing they listen to
• 5:19
  is losing their position unfortunately
• 5:22
  and if but but that means you got to
• 5:24
  participate and I don't claim to be the
• 5:26
  greatest of participants in my life but
• 5:30
  I've I make my opinions known but most
• 5:32
  of the time for me it's more of a well
• 5:34
  there you go you've I've understood this
• 5:37
  ever since I served in the military and
• 5:39
  watched the BS that went on at the very
• 5:42
  high levels as a diplomatic interpreter.
• 5:44
  I'm telling you, I got some stories
• 5:46
  about those I have some horror stories
• 5:49
  about those times. I had fun in it. I
• 5:51
  enjoyed it, but boy, they made it
• 5:53
  difficult. And uh and and that's the
• 5:57
  problem is is a government made up of
• 6:02
  sickopantic a-holes who just want to
• 6:06
  improve their power and get to the next
• 6:08
  level. and they're lifelong bureaucrats
• 6:11
  with no ambition except to be a lifong
• 6:15
  bureaucrat. Now, a lifelong
• 6:18
  administrator that I can respect, but a
• 6:21
  lifelong I am more important than the
• 6:24
  system, I'm against. And so, I will call
• 6:28
  it out if I see it that way because I
• 6:32
  don't like it. And so, that's what I
• 6:34
  will do anyway. But that is not my topic
• 6:37
  for today. My topic for today is back on
• 6:39
  the international thing. I watch some
• 6:41
  pretty cool um several of them and I'm
• 6:43
  going to share them with you uh because
• 6:46
  it's important. Everybody knows that I
• 6:48
  uh watch religiously uh just like I do
• 6:52
  uh watch uh news and events and stories
• 6:57
  and YouTube and Telegram and things like
• 7:01
  that from the western point of view.
• 7:04
  I also watch it from different points of
• 7:07
  view. Al Jazzer, Times of India, uh, uh,
• 7:11
  Moscow Times
• 7:13
  that that I participated and watch. I
• 7:18
  watch especially Russian language
• 7:20
  programming, news channels. They have a
• 7:23
  60 minutes, which is a good one that's
• 7:24
  really longer than 60 minutes. It was
• 7:26
  like two through two, three hours. And
• 7:29
  so it's hard to get through the 60
• 7:30
  minutes when it's really not 60 minutes.
• 7:32
  Um, I read Russian newspapers. I'm kind
• 7:35
  of uh partial to Ukraine.
• 7:38
  And uh uh RT because RT you can do in
• 7:42
  Russian and in English. The Russian
• 7:43
  version is better. And uh if you do the
• 7:46
  Russian uh ukrina. One of the reasons I
• 7:49
  like them is because they publish my
• 7:51
  articles and they've published four or
• 7:53
  five of them, you know, in Russian over
• 7:55
  there. And so uh I'm I I kind of
• 7:58
  impartial to them and they have opinions
• 8:00
  which I like. And I met those people
• 8:02
  when I was at Kazan for the bricks
• 8:03
  conference a couple years ago, year and
• 8:05
  a half. Um, so anyway, I follow uh I try
• 8:09
  to get it as much as possible from the
• 8:11
  horse's mouth. Um, I don't like uh I
• 8:15
  listen to other interpretations and I
• 8:17
  like doing it, but it all it's mostly to
• 8:19
  say, oh, uh, this is some of the topics
• 8:21
  that people are talking about. I've
• 8:23
  picked three things for today to go over
• 8:26
  with you and uh they're all war related,
• 8:29
  but not from the war point of view or
• 8:31
  from the war uh issue, but from the
• 8:34
  effects of the war, the economics of it
• 8:37
  all. And uh Vladimir Putin yesterday uh
• 8:40
  gave a an interview to one of the
• 8:43
  Russian channels uh I think it was
• 8:46
  channel one uh Peter V. Canel and I
• 8:49
  think but I'm not positive. I know. I've
• 8:51
  seen that reporter before and he uh uh
• 8:55
  you know is he's a young man and I mean
• 8:57
  he's pretty good. So I I'm telling you
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  I'm I'm looking and I want to take this
• 9:02
  from the point of view of this in order
• 9:04
  to begin the show and begin this topic
• 9:06
  anyway. I want to say the following that
• 9:08
  you know and and I've sort of kind of
• 9:11
  used this before as an analogy but I'm
• 9:13
  going to try it again. When I was a
• 9:15
  young man, I used to play, especially at
• 9:17
  home, you know, I've uh uh grew up with
• 9:20
  10 siblings. Uh would have been 11, but
• 9:22
  one passed away. And so when I was
• 9:24
  younger, I was right in the middle of
• 9:25
  this, you know, five younger than me,
• 9:28
  five older. And uh when I was younger,
• 9:30
  we used to play a lot of board games, a
• 9:32
  lot of sports outside, too. And one of
• 9:34
  the most famous games that we played all
• 9:36
  the time is risk. It's a classic, you
• 9:39
  know, Milton Bradley world domination
• 9:41
  game. Most Risk is simple. It's an easy
• 9:44
  game, an easy concept once you
• 9:47
  understand the mechanics and the
• 9:49
  limitations. There's essentially only
• 9:52
  one optimal way to play it. Trouble is,
• 9:55
  we all knew it. So, it got boring pretty
• 9:57
  quickly. And if you, you know, you'd
• 9:58
  either and the only way to win is all
• 10:01
  risk right now and take whatever little
• 10:04
  chunk of either the South American
• 10:06
  portal or the Australian portal. They've
• 10:08
  changed the rules. uh Christmas time I
• 10:11
  played it at my son's house and they've
• 10:12
  changed some of the rules and some of
• 10:13
  the connections probably to get rid of
• 10:15
  this particular uh avenue. But if you
• 10:19
  didn't pick one of those two options,
• 10:21
  you weren't going to win. That's all
• 10:23
  there is to it. You can't defend Europe.
• 10:25
  Nobody ever starts a land war in Asia.
• 10:28
  You're not going to win. And so it's
• 10:31
  nonsense. But if you start in Australia,
• 10:33
  you can slowly build and take over the
• 10:35
  world. It's an economic concept. If you
• 10:37
  start in in South America, you have a
• 10:40
  fairly good chance. But when's the last
• 10:42
  time Australia in reality started a war?
• 10:45
  I mean, seriously, when when's the last
• 10:48
  time in South America, other than the
• 10:50
  United States, when when did they have
• 10:52
  war down there? Seriously. I mean, ask
• 10:55
  yourself that question. We've been
• 10:56
  involved in all kinds of wars. Wonder
• 10:59
  who the aggressor is. Who's the
• 11:01
  aggressive person on the planet? We're
• 11:03
  protected by two oceans and two allies
• 11:06
  that we control. Okay? And so the the
• 11:09
  the fact is nobody really it's it's not
• 11:12
  going to be easy for somebody to bring
• 11:14
  the war to us. So we take it to them
• 11:17
  because our defensive measures are so
• 11:19
  powerful that that that things have have
• 11:21
  come up and that's what we're doing
• 11:22
  right now. So but risk assumes something
• 11:25
  very convenient. And here's the problem.
• 11:27
  the, you know, if you don't play one of
• 11:29
  the on the actual board game, if you
• 11:31
  don't pick one of those two strategies,
• 11:33
  the chances of winning are virtually
• 11:36
  non-existent. They're very, very tiny.
• 11:38
  You can still do it, but you got to have
• 11:40
  somebody who doesn't know what the hell
• 11:41
  they're doing. Or more importantly, luck
• 11:44
  has to be with you because it's nothing
• 11:46
  but a dice game. And so the the the but
• 11:49
  the chances once you understand the uh
• 11:52
  chances of uh of rolling a particular
• 11:55
  number you know that as well. So
• 11:58
  sometimes the cards are with you
• 11:59
  sometimes they're not. Anyway the uh
• 12:02
  there's risk assumes something
• 12:04
  convenient that the board stays
• 12:06
  identical, the rules stay identical and
• 12:10
  every move happens in sequence. Meaning
• 12:14
  not everybody's attacking at once. It's
• 12:17
  only one one movement. That's it. But
• 12:20
  we're in a world. So the you take in and
• 12:24
  risk, you attack, next player takes
• 12:26
  turn, next player attacks. It's neat.
• 12:28
  It's orderly and completely unrealistic.
• 12:32
  There was another war game that I
• 12:33
  enjoyed uh much more. I don't remember
• 12:36
  who did this one. Uh something hill I
• 12:39
  think. I don't remember. But uh uh it's
• 12:40
  called diplomacy. And diplomacy was a
• 12:42
  very different game. In diplomacy, all
• 12:45
  the moves happened simultaneously.
• 12:48
  Nobody knows what the other players are
• 12:49
  going to do until the movement of
• 12:52
  everything, you know, everybody moves at
• 12:54
  the same time. You have a negotiation
• 12:56
  phase and you have a moving phase. And
• 12:57
  so every day you make a move and and
• 13:01
  during the day you meet with other
• 13:03
  players or phone and talk to other
• 13:04
  players and try to make uh make uh deals
• 13:08
  or say, you know, what if I did this,
• 13:10
  what if I did that? And you you learn,
• 13:12
  you can negotiate, you can make
• 13:14
  alliances, and you can betray those
• 13:17
  alliances. And that one is a little bit
• 13:19
  more
• 13:21
  interesting for sure. And especially if
• 13:24
  somebody is uh prone to uh saying
• 13:27
  something but not following through, you
• 13:29
  learn that pretty quickly. And and uh uh
• 13:32
  you know, but it's a game. You have to
• 13:34
  kind of leave that out. And the
• 13:36
  consequences ripple across the whole
• 13:38
  board all at the same time. that game is
• 13:40
  much closer to how real world domination
• 13:45
  actually works.
• 13:47
  And then so I watched something pretty
• 13:49
  pretty critical last night. This
• 13:50
  interview of Vladimir Putin, which I'm
• 13:52
  going to share with you. It's short,
• 13:54
  five five 10 minutes. I think the whole
• 13:56
  thing that uh uh I transcribed is uh is
• 14:00
  um 8 minutes and I'm as close as
• 14:02
  possible to the original translation as
• 14:05
  uh to the original intent. But
• 14:09
  something is always lost in translation
• 14:11
  anyway that the tiny nuances. But I'm
• 14:14
  trying to get it as close to the way he
• 14:15
  said it. Okay? Because I watched it. I
• 14:18
  saw it. I know what he means. And uh I'm
• 14:20
  trying to get very close because this is
• 14:22
  how the world actually works. And this
• 14:24
  is where there was a second interview I
• 14:26
  watched with an economist that I follow.
• 14:28
  And this economist, his name is Mikail
• 14:31
  Kazin, and he's from uh Moscow. I think
• 14:34
  he's a Moscow based um uh e economist
• 14:38
  and very very very smart and remember a
• 14:42
  lot of these people that are my age grew
• 14:44
  up and and went to college dur went to
• 14:47
  uh economic school during the Soviet
• 14:49
  Union which was a very very very
• 14:52
  different econ in well economics degree.
• 14:55
  I have an economics uh focus in my
• 14:58
  degree which means I took enough to be
• 15:01
  dangerous of economics but it's not a
• 15:03
  full economics. Mine is economics and
• 15:06
  Russian and so I'm I have Russian
• 15:08
  studies you know which is Russian
• 15:10
  history, Russian culture, Russian stuff
• 15:12
  like that and University of Illinois. So
• 15:14
  it's not like I went to God's gift of uh
• 15:16
  universities, you know, and then I have
• 15:18
  a lot degree afterward, but e economics
• 15:20
  was basically my base. And so uh I like
• 15:25
  watching how these people think and how
• 15:28
  Kazine especially thinks and Mik I'd
• 15:30
  love to have him on the show. His
• 15:32
  English sucks, but uh I' I'd like to
• 15:34
  have him on the show or I thought about
• 15:35
  interviewing him in Russian and getting
• 15:37
  something interesting because he's very
• 15:38
  interesting guy. and he was interviewed
• 15:41
  by uh Vladimir Soliv and that's another
• 15:46
  I think the interview went forever but I
• 15:47
  got a 10 15 minute segment that I want
• 15:49
  to share with you because that's
• 15:51
  important and uh and and and I want to
• 15:53
  talk about the focus so
• 15:56
  explained that in the Soviet Union e
• 15:58
  economics was not taught as it is in the
• 16:01
  west and he's absolutely right and it
• 16:04
  was taught in in the west economics is
• 16:07
  all math Okay. But it's taught as uh in
• 16:12
  the Soviet Union it was taught as a
• 16:14
  political economic model because the
• 16:18
  state is important in those type of
• 16:20
  models and virtually the rest of the
• 16:22
  world follows those kind of things in
• 16:25
  the US some of Europe little bit these
• 16:27
  western models of only mathematics
• 16:30
  presume all these other things that
• 16:33
  don't necessarily exist and you have
• 16:36
  imperfect data because the data only
• 16:38
  comes if you presume
• 16:42
  production systems
• 16:44
  are are not going to be bothered.
• 16:47
  Logistics aren't going to be bothered,
• 16:49
  you know, or a stable model because you
• 16:52
  have to you put it in there. Assuming
• 16:54
  the very first thing you say when
• 16:55
  building an econ economic model is
• 16:58
  assuming all the facts are unchanged,
• 17:01
  assuming these facts, then we can
• 17:05
  project the following model. Assuming
• 17:08
  that uh the the spring comes on March
• 17:14
  23rd like it normally does, we you know
• 17:18
  can predict that uh you know and people
• 17:22
  are able to start their planting in
• 17:24
  Minnesota of whatever it is they choose
• 17:26
  to grow or corn in Iowa, you know, that
• 17:30
  they're going to grow. They plant that
• 17:31
  assuming they can plant between March
• 17:34
  23rd and April 15. the crops will be
• 17:37
  blah, but the world's imperfect. You get
• 17:40
  tornadoes, you get you get craziness,
• 17:42
  you get these other things and they all
• 17:44
  affect. That's why economic models are
• 17:46
  so difficult to do. And in America and
• 17:49
  in western uh capitalistic sorts of
• 17:52
  governments, there is no go there is
• 17:55
  government modeling. But there it's like
• 17:57
  assuming your government doesn't turn
• 17:59
  into some raging bureaucratic nonsense
• 18:01
  and and they they try to uh destroy your
• 18:04
  mode of life because that's what they
• 18:06
  do. They're bureaucrats. They have
• 18:08
  nothing else to do. But assuming they
• 18:10
  leave you alone and don't create new
• 18:12
  rules, my uh Shell oil platforms in the
• 18:16
  Gulf will perform as blah, you know, but
• 18:19
  the model has to be stable. So real
• 18:22
  economics how it functioned in practice
• 18:24
  in the west is far different than the
• 18:26
  stable models that they used in the
• 18:29
  Soviet practice because there the means
• 18:31
  of production were all controlled by the
• 18:33
  state. Okay? And so there they had a far
• 18:36
  more stable set of models. And so they
• 18:38
  did learn the mathematical things, but
• 18:40
  they also learned other impacts that uh
• 18:43
  maybe weren't so stable. They learned
• 18:46
  about sanctions. They learned about uh
• 18:49
  targeting of their markets by other
• 18:51
  people. The the the world isn't stable.
• 18:54
  Okay? And every time Donald Trump or a
• 18:56
  president opens his mouth, the world
• 18:58
  changes. And this is what we were
• 19:01
  talking about because our models always
• 19:03
  assume rational actors,
• 19:07
  right? Perfect information, a balanced
• 19:10
  market, and most important of all,
• 19:13
  stable logistics.
• 19:15
  But real economics do not behave that
• 19:17
  way. Real economics behave like the game
• 19:20
  diplomacy, not like risk. Everything
• 19:22
  moves at the same time. Supply chains
• 19:25
  are moving, military forces moving,
• 19:27
  energy markets are moving, financial
• 19:29
  markets are moving. Okay, so with that
• 19:33
  in mind, I want to get to if I can find
• 19:35
  it real quick. I have to find the
• 19:38
  translation of
• 19:41
  uh Vladimir Vladimir.
• 19:44
  And it's coming. I'm almost there. I I
• 19:48
  went through a lot today. I got to get
• 19:50
  all the way back to where I was that I
• 19:52
  have my interpretation
• 19:55
  cuz that I ran in Dubai and oil with
• 19:58
  Kazin was very interesting and I
• 20:00
  definitely want to share that. So we're
• 20:03
  going to talk about this interview. It's
• 20:07
  pretty short and basically it's uh uh
• 20:10
  this is a very close English translation
• 20:13
  of his entire interview which wasn't
• 20:15
  more than seven eight minutes. So, I'm
• 20:16
  going to read the question to you and
• 20:18
  then I'm going to follow up with the uh
• 20:20
  answer by Vladimir Putin and then give
• 20:22
  you my own opinion on it. So, basically
• 20:24
  the journalist says, "We watched your
• 20:26
  meetings this morning. May I question
• 20:29
  right off the bat? You yourself just
• 20:31
  said what is happening in global gas
• 20:34
  markets and many countries are already
• 20:37
  practically in a panic over what is
• 20:40
  happening. Prices have skyrocketed and
• 20:42
  is unclear what will happen next with
• 20:45
  prices. It is unclear what will happen
• 20:47
  next with supply. And of course, it
• 20:50
  inevitably comes to mind that Europe
• 20:52
  keeps banning our gas, banning it,
• 20:55
  banning it, and no new bans are
• 20:58
  approaching in April. Bans on short-term
• 21:01
  delivery of liqufied Russian gas are
• 21:03
  supposed to enter into force. Then there
• 21:06
  will be some other bans as well that
• 21:08
  they are talking about on the European
• 21:11
  side. Vladimir Putin says yes and this
• 21:14
  is under contracts that were concluded
• 21:18
  sometime around the summer of last year.
• 21:20
  So they entered into contracts last year
• 21:22
  in the summer and the journalist says
• 21:24
  yes. And then there are more bans and
• 21:26
  today they've already begun to say that
• 21:28
  maybe the date for the bands should be
• 21:30
  shifted
• 21:31
  pushed back. Europeans are asking that
• 21:33
  the dates for these bans get pushed back
• 21:36
  because the US invaded with Israel.
• 21:40
  Well, the US backed Israel. Uh Israel
• 21:43
  invaded. We're just the the lap dog of
• 21:46
  Israel. And so we're we're we're in, you
• 21:49
  know, we're in all the way. And so, uh
• 21:51
  given what is happening in the world, uh
• 21:54
  today I've begun to say that these dates
• 21:56
  should be shifted. Thoughts, please. And
• 21:59
  then Vladimir Putin says, first of all,
• 22:02
  and this is a direct translation and and
• 22:05
  he he says, first of all, Russia has
• 22:07
  always been and remains a reliable
• 22:10
  supplier of energy resources for all of
• 22:13
  our partners, including, by the way,
• 22:16
  European ones. And we will continue to
• 22:19
  work in exactly this mode with those of
• 22:21
  our partners who themselves are reliable
• 22:24
  counterparts
• 22:26
  for example such as those in Eastern
• 22:28
  Europe, Slovakia and Hungary. We supply
• 22:31
  our energy s resources there both oil
• 22:35
  and gas and we intend to continue doing
• 22:38
  this in the future if of course the
• 22:40
  leadership of these countries continue
• 22:43
  to pursue the same policy as today
• 22:46
  namely that they remain a reliable
• 22:48
  partner for us. As for Europe, what is
• 22:52
  happening today on the European market
• 22:54
  is of course first and foremost the
• 22:57
  results of the erroneous policy of
• 23:01
  European authorities in the fields of
• 23:03
  energy. This is an abuse of the green
• 23:06
  agenda. This is the use of all of these
• 23:09
  instruments for domestic political
• 23:11
  activity and for achieving some sort of
• 23:15
  party
• 23:17
  uh or some group objective. Such policy
• 23:22
  has nothing in common with the interests
• 23:24
  of the people of these countries. Now
• 23:28
  indeed prices have risen both for oil
• 23:31
  and for gas across the board. As for
• 23:35
  oil, that is understandable. This is
• 23:37
  connected among other things with
• 23:39
  restrictions on Russian oil and
• 23:41
  additionally everything that is
• 23:43
  happening now in the Middle East with
• 23:45
  the aggression against Iran. All of this
• 23:48
  overlaps one on top of the other and
• 23:51
  leads to difficult and frankly very
• 23:54
  serious results for consumers.
• 23:57
  As for gas, the surge in prices on the
• 24:00
  European market is not even directly
• 24:03
  connected today with restrictions on gas
• 24:05
  supplies to the European market. After
• 24:07
  all, the main gas suppliers have to
• 24:10
  Europe have not reduced their volume.
• 24:13
  And who are the main suppliers today?
• 24:17
  Algeria, the US, Norway, and to some
• 24:21
  extent Russia. No one has reduced supply
• 24:24
  and prices have already jumped to 700.
• 24:28
  Why? Because the general situation on
• 24:31
  the world market including oil market
• 24:33
  and in this case gas market because the
• 24:36
  overall situation because buyers have
• 24:38
  appeared who are ready to purchase the
• 24:40
  same natural gas at a higher price in
• 24:44
  this case due to the events in the
• 24:46
  Middle East due to the blocking of the
• 24:48
  straits of Hormuz and so on. If such
• 24:51
  premium buyers appear then from the
• 24:54
  European market I think some traditional
• 24:56
  suppliers including Americans and
• 24:59
  American companies will of course move
• 25:01
  their resources there where they pay
• 25:04
  more. This is natural. There is nothing
• 25:06
  political about it. It's only business.
• 25:09
  That's all. Therefore I repeat once
• 25:12
  again this is the result of the mistaken
• 25:15
  policy of European authorities over the
• 25:17
  course of many years. And in this
• 25:20
  regard, I think about the following. As
• 25:22
  you just said, and this is serious what
• 25:25
  he says right here. This this is how
• 25:27
  Vladimir Putin thinks. Okay? And that's
• 25:30
  why it's important to provide for you
• 25:32
  the whole thing. This is how he thinks.
• 25:34
  And this is not uncommon. This is a very
• 25:37
  Russian thought process. And and by the
• 25:39
  way, this is a very American thought
• 25:41
  process at the same time. Those people
• 25:43
  who understand the world and understand
• 25:45
  what they're doing are pretty blunt
• 25:47
  about what they can do. And here his he
• 25:49
  continues this as you just said Europe
• 25:53
  plans in a month the 24th is the last
• 25:56
  day from the 25th on March he's talking
• 25:59
  about to introduce restrictions on the
• 26:02
  purchase of Russian gas including
• 26:05
  liqufied gas and then in a year in 2027
• 26:09
  even more restrictions up to a full ban
• 26:12
  of gas from Russia. But now other
• 26:16
  markets are open to us. And perhaps for
• 26:20
  us, it's more profitable for us right
• 26:22
  now to stop supplying the European
• 26:25
  market and move those markets that are
• 26:28
  opening and secure ourselves there,
• 26:30
  which they've already done by the way.
• 26:32
  And here too, I want this to be clear.
• 26:34
  There is no political background, no
• 26:37
  political agenda. But if in a month or
• 26:39
  two they're going to close us anyway,
• 26:42
  then perhaps it would be better for us
• 26:44
  to stop right now and move to where the
• 26:46
  countries that are reliable, move toward
• 26:49
  reliable partners instead and strengthen
• 26:52
  our positions there. But this is not a
• 26:55
  decision. This is as meaning he says
• 26:58
  this isn't a decision right now. I am
• 27:00
  just thinking out loud. But I will
• 27:03
  certainly instruct the government so
• 27:05
  that together with our companies we will
• 27:07
  work together through this issue. Now in
• 27:11
  the west all you'll get is a little
• 27:13
  blurb about uh you know Putin said he's
• 27:15
  cutting us off. No, that's not what he
• 27:17
  said. He said I'm considering cutting it
• 27:20
  off cuz hell you're going to cut us off
• 27:22
  in a year anyway and on the 24th there's
• 27:25
  some serious restrictions coming up this
• 27:27
  month. You don't want us here. we've
• 27:29
  already been making counter uh
• 27:32
  uh counter plans, you know, we're going
• 27:34
  to go somewhere else. This is what he's
• 27:36
  talking about. This is how the world
• 27:38
  thinks, right? And the journalist says
• 27:41
  to him says, "Well, today there's
• 27:42
  another important piece of news. Our gas
• 27:45
  tanker, so I don't know if you're aware
• 27:47
  of this or not, uh but I'll give you the
• 27:49
  short question, then I'll give you some
• 27:50
  stuff. One of our gas tankers has been
• 27:53
  attacked in the Mediterranean Sea." Now,
• 27:56
  we're not talking in the Black Sea.
• 27:58
  We're talking in the Mediterranean and
• 28:00
  the Mediterranean is wide open, right?
• 28:03
  And it was seriously attacked. So
• 28:06
  Ukraine did what the US did outside of
• 28:09
  Sri Lanka and and sent a missile. Well,
• 28:12
  this one was drones cuz Ukraine doesn't
• 28:14
  have any sea-based missile capability.
• 28:17
  All they got is drone. And the Russia
• 28:19
  blew up their only ship is what I
• 28:21
  understand. And uh but I I could be
• 28:23
  mistaken on that, but I know that this
• 28:25
  action was with drones and some pretty
• 28:28
  serious drones because they they uh I I
• 28:30
  I don't know that the ship actually
• 28:32
  sank, but its cargo was destroyed. Never
• 28:34
  got to where it was going. So the war is
• 28:36
  expanding, friends and neighbors. The
• 28:39
  war is expanding. And now the Russian
• 28:42
  ship was uh targeted. and uh the US in
• 28:46
  Sri Lanka in open international waters
• 28:49
  blew up an Iranian ship and just to say
• 28:52
  look what we can do. Okay. And then you
• 28:56
  know we can do this. Well, we knew you
• 28:58
  could do that. That hasn't happened
• 28:59
  since World War II. And now it's
• 29:02
  happened. And you know all the guys on
• 29:04
  the submarine will get new rewards and
• 29:07
  get awards to pin on their uniforms to
• 29:10
  say, "Hey, this is a great thing. We
• 29:12
  blew up the first boat since uh World
• 29:14
  War II. No, this is the first salvo,
• 29:18
  unfortunately. Well, it's not really the
• 29:20
  first. This is a the first sea-based
• 29:23
  salvo against another uh ship
• 29:27
  that is going to lead to we are we are
• 29:30
  being dragged in to a world war. That's
• 29:34
  my belief. And each step be will become
• 29:38
  more and more like a dice roll in risk
• 29:42
  because you have nothing else that you
• 29:44
  can do. But don't think that the
• 29:46
  Iranians are giving up cuz they're not
• 29:48
  going to. And uh we we we've created a
• 29:52
  religious martyrdom over there by the
• 29:54
  decapitation strike. And that's what I
• 29:57
  think. But anyway, this guy, the
• 29:58
  journalist, asked a question. What do
• 30:00
  you think about to Putin? What do you
• 30:03
  think about our ship getting blown up in
• 30:05
  the Mediterranean Sea? And this is this
• 30:08
  is a serious escalation by Ukraine.
• 30:12
  Ukraine can't win on the ground. So the
• 30:14
  Ukraine is is is is
• 30:17
  hard pushing to get the US and NATO
• 30:20
  involved against Russia. And I think the
• 30:22
  US and Israel are in the same boat, you
• 30:24
  know, with the Iranian thing. And so,
• 30:27
  uh, Zalinski is trying to get the
• 30:30
  attention back on him. Look what we can
• 30:32
  do. Hey, we can send our our Ukrainian
• 30:35
  experts. Yeah, they're really experts.
• 30:38
  If they were experts, Russia wouldn't
• 30:40
  have advanced as far as they're getting.
• 30:42
  And oh, gee, we can attack deep inside
• 30:44
  of Russia. Well, good for you. What are
• 30:46
  you going to do to defend yourself
• 30:47
  against the attacks that are going on
• 30:49
  deep inside of your territory? So now
• 30:51
  the Ukrainian people are being sent as
• 30:54
  experts to the Middle East to say,
• 30:57
  "Here's how you beat Russian drones."
• 30:59
  Well, you aren't beating Russian drones
• 31:00
  now.
• 31:02
  Anyway, this ship blew up. The the
• 31:05
  Ukrainians attacked a ship in the
• 31:07
  Mediterranean. Serious escalation. And
• 31:09
  Vladimir Putin's answer to this, he's
• 31:11
  the guy says, "What do you think of
• 31:12
  this?" He said, "Well,
• 31:14
  we think this is a terrorist attack. We
• 31:18
  have encountered things of this kind
• 31:19
  more than once. What is surprising is
• 31:22
  that this only worsens the situation in
• 31:25
  the global energy market including the
• 31:28
  gas market and in this case primarily
• 31:31
  for Europe. It turns out that the Kiev
• 31:35
  regime is actually biting the hand that
• 31:38
  feeds it, namely the hand of the
• 31:41
  European Union.
• 31:43
  The European Union provides Kiev, the
• 31:46
  Kiev regime, with endless assistance,
• 31:48
  both weapons and money, and the Kiev
• 31:50
  regime creates nothing but problems for
• 31:52
  the European Union one after another.
• 31:55
  Vladimir Putin's very blunt. As for the
• 31:58
  general behavior, this behavior is quite
• 32:00
  aggressive on the parts of the Kiev
• 32:02
  regime and very dangerous because, as
• 32:05
  I've already said, according to the
• 32:07
  information available to our special
• 32:09
  services, just as in the Nordstream
• 32:11
  pipelines, they were once blown up with
• 32:14
  Kiev with the support of certain Western
• 32:17
  intelligence services. An operation is
• 32:20
  being prepared to blow up the Blue
• 32:22
  Stream and Turk Stream gas pipelines. We
• 32:26
  have already informed our Turkish
• 32:28
  friends about this matter. We will see
• 32:30
  what happens in this sphere. But this is
• 32:33
  a very dangerous game especially in
• 32:36
  today's world. End of the interview and
• 32:40
  uh it was well it's not the end of the
• 32:42
  interview went on for a while but that
• 32:44
  was only two questions that I took out
• 32:45
  of the interview because I think uh the
• 32:48
  analysis of the world uh gas and oil
• 32:51
  market is important. Okay. And because
• 32:54
  we're not insulated from it, even
• 32:56
  ourselves. Okay, the I told you
• 32:58
  yesterday went to the gas station and uh
• 33:01
  I paid uh two I was I was all happy
• 33:04
  about paying 260 259
• 33:07
  um a month ago, you know, and uh I only
• 33:11
  fill up a couple times a month. I don't
• 33:13
  go anywhere. And uh uh so I filled it
• 33:17
  up. Didn't cost anything. The difference
• 33:19
  was uh $12 I think this time when I
• 33:22
  filled it up. Overall, it's only a
• 33:24
  25gallon tank, you know, and 12 bucks
• 33:27
  over 20. That's 50 cents a gallon. And
• 33:29
  we're not done. It's it's on the way up.
• 33:31
  It's going to be worse, you know. It's
• 33:34
  going to get worse. And that is why I
• 33:37
  wanted to include um this Russian guy,
• 33:41
  Mikail Kazin, in his interview with uh
• 33:44
  Salv. And this is from something called
• 33:48
  uh uh well it was Vladimir Soliv's radio
• 33:52
  program. He has a morning radio program.
• 33:54
  This guy works and works and works. I
• 33:56
  mean he's got his show every night is
• 33:58
  like three hours and then he has a radio
• 34:00
  program that's like two hours or three
• 34:03
  and it goes on and I forgot I forget
• 34:05
  what that's covered.
• 34:07
  Open something with Soliv. I forget what
• 34:09
  it's called, but he's he's got also the
• 34:12
  news um well his um awesome format where
• 34:16
  he has all these uh political and
• 34:19
  economics and professors and artists and
• 34:22
  people that talk about the the the views
• 34:25
  and he has a show uh evenings with
• 34:27
  Vladimir Soliv and I try to watch the
• 34:29
  Sunday one. I don't, you know, the
• 34:31
  Sunday one is usually a, you know, kind
• 34:32
  of a big deal and I try to watch that
• 34:35
  one and get as much out of it as I can,
• 34:37
  but it's three hours long and so I
• 34:39
  usually only get in the first couple
• 34:41
  hours, you know, and uh then um I keep
• 34:45
  but but the this is a radio interview.
• 34:47
  This was not with Mikail Kazin, who
• 34:49
  sometimes is a uh commentator on the
• 34:52
  Soliv show, but uh he was uh being
• 34:55
  interviewed on the radio program this
• 34:57
  time. Kazine has his own channel on
• 35:00
  YouTube as well and and Telegram and
• 35:02
  I've watched him on that too. He's an
• 35:04
  interesting cat and he knows some stuff.
• 35:06
  Uh he's a he's an economics uh guru and
• 35:11
  he uh he understands the world quite
• 35:13
  well. So Vladimir Soliv he says
• 35:16
  Mkinidovich Iran is delivering uh
• 35:19
  asymmetric strikes against the world
• 35:21
  economy and it is happening in a harsh
• 35:24
  manner. And Kazim says well not so much
• 35:27
  against the American economy as against
• 35:30
  the BritishAmerican infrastructure in
• 35:32
  the Middle East. Now this this is he he
• 35:36
  pointed immediately uh Soliv in the
• 35:40
  right direction in in what is critical
• 35:43
  here and this is important. He says
• 35:45
  moreover there are questions here. I
• 35:47
  mean it was so interesting to watch. I
• 35:49
  was glued to this guy and and it was
• 35:51
  only uh the the portion I'm reading to
• 35:54
  you is only like 10 15 minutes of it and
• 35:56
  uh I got time to get us there for sure.
• 35:59
  And uh he says moreover there they're
• 36:01
  they're uh taking out BritishAmerican
• 36:05
  infrastructure in the region not
• 36:06
  American economy British American.
• 36:09
  Moreover, there are also questions here
• 36:11
  because information is already
• 36:13
  circulating. Tucker Carlson even spoke
• 36:15
  about it that Iran did not strike these
• 36:18
  um economic facilities in Saudi Arabia
• 36:22
  that it was actually a diversionary
• 36:24
  operation carried out by Israel this to
• 36:27
  get Saudi Arabia involved. So this talk
• 36:30
  is out there that uh these strikes
• 36:32
  against uh infrastructure in uh other
• 36:35
  countries you know and he says as for
• 36:37
  the strikes on Bahrain and Dubai yes
• 36:39
  those are strikes against American
• 36:41
  infrastructure but considering that they
• 36:43
  have partially blocked the straight of
• 36:44
  Hormuz then yes this is going to be a
• 36:47
  huge blow to the global economy and as
• 36:50
  we can see at least regarding oil pro
• 36:53
  prices this is instantly visible to the
• 36:56
  naked eye. However, if we look at
• 36:58
  markets, we see that there is no serious
• 37:00
  panic yet. That is, everyone thinks that
• 37:04
  this will end quickly now and everything
• 37:07
  will return to normal. And then get this
• 37:10
  key sentence. He says, "I, by the way,
• 37:13
  do not believe this.
• 37:16
  But I hope but hope does sustain the
• 37:19
  young." I mean, this guy's this guy's
• 37:21
  slick. And Soliv says to him, "What do
• 37:24
  you mean you don't really believe it?
• 37:26
  what do you believe? And Hazine says, I
• 37:29
  think this is the beginning. And this
• 37:31
  unfortunately is also what I believe.
• 37:33
  And so I suppose this is this is kind of
• 37:36
  a self- validation thing because this is
• 37:39
  what I believe. And what he is saying is
• 37:42
  a different economic models, different
• 37:44
  everything like that. But this is
• 37:45
  exactly how I think. Okay. And and he
• 37:48
  said, I think this is the beginning of
• 37:50
  the fundamental destruction of the
• 37:52
  economic model itself. The whole model
• 37:55
  is now changing the whole model. And
• 37:57
  this is me commenting on that. I should
• 37:59
  read his entire thing first and then
• 38:00
  comment. But but I I can't do it. But
• 38:04
  this is the beginning of the destruction
• 38:06
  of the fundamental economic models. And
• 38:08
  people aren't paying attention to this
• 38:10
  except for people like Jeffrey Sachs,
• 38:12
  people like Mikail Kazin and me. Okay?
• 38:15
  And I'm no genius though. Those two are
• 38:18
  but uh but I I I believe the same basic
• 38:21
  principles. Okay. on the economic
• 38:24
  sphere. Regardless of what these idiots
• 38:26
  do, you know, you know, trying to show
• 38:28
  who's got the biggest weenie, you know,
• 38:30
  I got the bigger weenie. Look at all
• 38:31
  these missiles I can throw your way. We
• 38:34
  shouldn't be involved in this war
• 38:35
  anyway. This is why you can't play risk
• 38:38
  and you got to play diplomacy because
• 38:41
  risk, who is the instable partner? It's
• 38:45
  always America out creating wars
• 38:48
  somewhere or Israel creating wars on
• 38:50
  America's behalf somewhere. I'm telling
• 38:53
  you, it's an unstable world. But where
• 38:56
  does the un instability come from?
• 38:59
  When's the last time China ever started
• 39:01
  a war? When's the last time India ever
• 39:03
  started a war?
• 39:07
  When is the last time that Russia ever
• 39:10
  started a war?
• 39:13
  Think about those things. Think about
• 39:16
  them and then answer these questions
• 39:18
  because Mikail Kazin says, "I think this
• 39:21
  is the beginning of the fundamental
• 39:23
  destruction of our economic model, the
• 39:25
  world economic model." And he's talking
• 39:27
  about the very next sentence, the very
• 39:30
  same Breton Woods model, the dollar
• 39:33
  system and so forth. The Western model
• 39:36
  is what he's talking about. It has been
• 39:38
  cracking, cracking, cracking for many
• 39:40
  years, but it has held. But now the
• 39:44
  collapse is beginning even more quickly.
• 39:46
  And the main reason is not even the
• 39:49
  strikes that still may occur. The main
• 39:51
  reason is logistics.
• 39:55
  The fact is that when the first tankers
• 39:57
  began to be attacked in the straight or
• 39:59
  attacked in the straits of Hormuz,
• 40:02
  notice Iran announced that oil tankers,
• 40:05
  if they are not American, may calmly
• 40:07
  pass through the straits of Hormuz, but
• 40:09
  the other ships are not moving. Why? And
• 40:13
  here I can expose uh uh my own
• 40:16
  hypothesis. This is Hazine, but it seems
• 40:18
  to me to be the answer. The fact is, and
• 40:22
  this is what I believe and and and he
• 40:24
  says it exactly why I think it this way.
• 40:27
  The fact is that no tanker will go
• 40:30
  anywhere if it cannot be insured. All
• 40:35
  insurance policies were withdrawn as
• 40:38
  soon as the operation began. New
• 40:40
  insurance is required. Now notice uh I'm
• 40:44
  going to take a break here because Qatar
• 40:45
  stopped supplying natural gas
• 40:47
  immediately and they're like number
• 40:49
  three in the world of natural gas
• 40:51
  supplies and they shut down. Now Iran
• 40:54
  did bomb one of their production
• 40:56
  facilities and um right on the straits
• 40:58
  but but uh Qatar shut down right right
• 41:01
  away. And why? Because of the insurance
• 41:05
  issue because we're not going to do this
• 41:07
  and take the risk that our we're not
• 41:09
  idiots. You know, we don't just send new
• 41:11
  tankers out and wait for somebody to
• 41:13
  blow them up. Look what Look in the
• 41:14
  Mediterranean's not even safe. You got
• 41:16
  these idiots in Kiev blowing [ __ ] up. We
• 41:20
  got the US blowing [ __ ] up in Sri Lanka
• 41:23
  and we have Iran blowing [ __ ] up. People
• 41:26
  are
• 41:27
  uh constricting. They are they are
• 41:30
  sucking them back into their own. Russia
• 41:34
  Putin just said what? He said, well, you
• 41:36
  know, hell with them. We'll just cut
• 41:37
  them off ourselves. you know, we've
• 41:39
  tried the the route of let's, you know,
• 41:41
  let's figure this out. You know, there's
• 41:43
  no reason to hate us and, you know,
• 41:45
  obviously they're going to still hate
• 41:46
  us, so screw them. We'll send our gas
• 41:50
  somewhere else. And he said, it's only a
• 41:52
  hypothesis, but damn, they're definitely
• 41:53
  leaning that way. It's all the the if if
• 41:56
  Brit if the you um European
• 42:01
  um communities are restricting, why in
• 42:04
  the world would you want to do business
• 42:05
  with them anyway? Hell with you. You
• 42:07
  know, it goes up. Oh, fine. I'll sell my
• 42:09
  stuff to Pakistan. So what? You know,
• 42:12
  you're still going to sell it. He's
• 42:14
  still going to make money and uh you
• 42:16
  know, then he can continue to swat at
• 42:18
  the fly of Ukraine, right? And and
• 42:21
  that's it. And so let's continue with
• 42:23
  Kazim. He says neither insurance
• 42:25
  companies nor reinsurance companies and
• 42:28
  it is the reinsurance companies that
• 42:31
  actually pay the money in the case of an
• 42:33
  emergency have calculated their new
• 42:37
  rates going forward. So and moreover
• 42:41
  that is difficult to do because they
• 42:43
  don't know what's going to happen next.
• 42:45
  Nobody does. You think the insurance
• 42:48
  companies are going to ensure your
• 42:49
  tanker so you can say, "Oh, J, the US is
• 42:52
  going to escort your tanker, that
• 42:55
  doesn't mean it ain't going to get blown
• 42:56
  up."
• 42:58
  It's like your chances might go down,
• 43:00
  but an actuarial table isn't going to
• 43:02
  change because there's a boat next to
• 43:04
  you. It's not going to happen. And so
• 43:07
  for these, moreover, this is difficult
• 43:09
  to do. And for this reason, everything
• 43:12
  economically in these markets has simply
• 43:15
  stopped. When the situation settles down
• 43:17
  and it's unclear how long that will
• 43:19
  take. It won't be two weeks in my view.
• 43:22
  It will become clear that the cost of
• 43:24
  logistics has increased dramatically and
• 43:28
  it will affect everyone. And if the cost
• 43:30
  of logistics sharply increases, then
• 43:33
  small carriers are going to be forced
• 43:35
  out of the market and large carriers
• 43:37
  will begin significantly raising prices
• 43:39
  to cover the cost of insurance and
• 43:42
  transit. And this is a much stronger
• 43:45
  blow to the world economy than bombs
• 43:48
  being thrown somewhere. Now, that's a
• 43:51
  direct quote of everything that Mikail
• 43:54
  Khazine answered in response to that
• 43:56
  question with some little Dbavichki um
• 43:59
  additions from Samuel and that's me. And
• 44:03
  so Salv says, "Well, then what's the
• 44:06
  price of oil going to be?" And uh Kazine
• 44:10
  says,"Well, what kind of question are
• 44:11
  you asking?"
• 44:13
  So because he's, you know, he thinks
• 44:15
  it's going to go back over $100 a
• 44:17
  barrel. And he says, "These are not
• 44:19
  questions I'm asking personally." He
• 44:21
  said, "The Israelis say the conflict
• 44:23
  could last till August." Bloomberg
• 44:25
  writes that the price will go above 100.
• 44:27
  And Kazim says it will go above 100. But
• 44:30
  the point isn't even that. Here's what
• 44:32
  he says. The point isn't even that. The
• 44:35
  point is that if logistics collapse, the
• 44:37
  cost of everything
• 44:40
  will rise sharply and that's the problem
• 44:44
  and then inflation will rise everywhere.
• 44:48
  Moreover, this inflation will not be
• 44:51
  monetary inflation where central banks
• 44:54
  can just print more money. It will be
• 44:57
  structural inflation when prices rise
• 45:00
  because the real cost of moving
• 45:03
  everything rises. And this is a much
• 45:06
  more serious global problem. This guy's
• 45:10
  extremely smart friends and neighbors.
• 45:12
  And this is what I, you know, some of
• 45:14
  the things I tried to express and can't
• 45:16
  do it as well as this guy. Because with
• 45:18
  monetary inflation, you can at least try
• 45:20
  to do something through interest rates
• 45:23
  at your national bank. But with
• 45:26
  structural inflation, there is nothing
• 45:28
  you can do. You just have to rebuild the
• 45:32
  entire economic model itself. Soliv
• 45:36
  says, "Do you mean the entire global
• 45:38
  system?" And Kazine says yes the global
• 45:42
  system because the entire system is
• 45:45
  built on cheap stable logistics cheap
• 45:49
  oil cheap transportation cheap money and
• 45:53
  now all of that is ending and Vladimir
• 45:56
  Soliv says but then this means it will
• 45:59
  be a completely different world says
• 46:02
  that's of course and this is exactly
• 46:04
  what we are entering right now and Soliv
• 46:08
  says but this means destruction of the
• 46:10
  previous model. And he Mkhazim says,
• 46:13
  "Yes, I've been saying this for 20
• 46:15
  years. The Bretonwood system cannot last
• 46:18
  forever and it is ending." Now, I've
• 46:21
  been saying that for two years. I
• 46:23
  haven't been saying it for 20. I've been
• 46:24
  worried about it for 20. And Soliv says
• 46:27
  to him, "You once told an interesting
• 46:29
  story." And this is where he gets into
• 46:31
  the interesting story on economics. And
• 46:33
  to me, this is very interesting. I hope
• 46:34
  it is to you because here's what he
• 46:36
  said. He said, "You once told me an
• 46:37
  interesting story about how economics
• 46:40
  was taught in the Soviet Union and how
• 46:42
  it is taught now." And he said, "Yes,
• 46:45
  and this is an interesting story." And
• 46:47
  he's a global level economist, right? He
• 46:50
  says, "In the Soviet Union, economics
• 46:52
  was not taught as a separate science. It
• 46:54
  was taught as part of a political
• 46:57
  economics class, which meant the study
• 47:00
  of real economic processes. how
• 47:02
  production works, how resources move,
• 47:05
  how the balance between sectors sectors
• 47:08
  function and so forth. But after the
• 47:11
  collapse of the Soviet Union, we began
• 47:13
  to copy the western model of economics
• 47:16
  education. And western economic
• 47:19
  education is not the study of the
• 47:21
  economy. That's true. It's the study of
• 47:25
  mathematics and mathematical models. And
• 47:28
  as an economist myself, you know, not
• 47:31
  anywhere near his level, I still
• 47:34
  remember the supply demand curves and
• 47:36
  how you how you take time and function
• 47:38
  it in and all those things. I can still
• 47:40
  do it. That's not what I do for a
• 47:42
  living, but I still understand it, you
• 47:44
  know, for the most part. And uh uh but
• 47:47
  these guys live it every day. And he
• 47:50
  says, "Economists today study models
• 47:52
  that have nothing to do with real life.
• 47:56
  They're studying mathematics. And Soliv
• 47:59
  says, meaning they study formulas
• 48:02
  instead of reality. It's actually true.
• 48:05
  And and Hazen says, exactly. They study
• 48:08
  models, but these models are built on
• 48:10
  assumptions that are completely
• 48:12
  unrealistic. For example, that markets
• 48:15
  are balanced, that participants behave
• 48:18
  rationally, that information is the same
• 48:20
  for everyone. But in real life, none of
• 48:23
  this is true. So when a crisis begins,
• 48:27
  all these models collapse because they
• 48:30
  simply do not describe reality.
• 48:34
  This is this is classic stuff. I love
• 48:36
  this. But of course, I like economics.
• 48:38
  And Soliv says, meaning economists have
• 48:41
  been taught something that doesn't work.
• 48:43
  And Hazin says, yes. Basically, he's
• 48:46
  saying Soviet uh learning about market
• 48:50
  inputs instead of uh
• 48:54
  mathematical equations that might be
• 48:57
  able be able to explain why something
• 49:00
  happened after the fact or even
• 49:02
  something that you can predict in the
• 49:04
  future. It has nothing to do with
• 49:06
  reality. Economics is basically at a
• 49:08
  point in time and you got to understand
• 49:10
  all these other things and you got to
• 49:12
  assume that well assuming supply and
• 49:14
  demand are equal you know assume there's
• 49:15
  nothing impacting supply assume there's
• 49:18
  nothing impacting demand but right now
• 49:20
  they're impacting both supply and demand
• 49:22
  and economists are going well I don't
• 49:24
  know my model doesn't say anything about
• 49:26
  that you know my what what in the hell
• 49:28
  am I going to predict now and stability
• 49:31
  exists which is why actuarial tables
• 49:34
  don't tell you how much you're going to
• 49:35
  pay for insurance on your next load of
• 49:38
  of gas, liquid gas through the straits
• 49:41
  of Hormuz. And so, Qatar is not going to
• 49:45
  ship it until things stable down and
• 49:48
  they can't get insurance. And that's why
• 49:49
  Trump yesterday, it might have been day
• 49:52
  before he made some comment about, well,
• 49:54
  we're going to guarantee all insurance
• 49:55
  because he knows this. Do you remember
• 49:57
  that quote? I wasn't able to find the
• 49:59
  exact quote, but he said something about
• 50:01
  it the other day. He said, well, I'm
• 50:03
  going to ensure everything. Oh, there's
• 50:04
  a good plan. He'll ensure everything.
• 50:07
  What are we going to do? Print more
• 50:08
  dollars. That's why Miley Kazim says
• 50:11
  that this is the collapse of the
• 50:12
  Brettonwood system if we keep doing it.
• 50:15
  And I'm telling you, Pete Heg says and
• 50:16
  these generals and even even Lindsey
• 50:19
  Graham out there thumping the drum for
• 50:21
  more uh for more war against people that
• 50:24
  aren't going to give up. They're going
• 50:26
  to fight to the death. You know, that's
• 50:27
  it. And if that means they die, well,
• 50:30
  you know what? They will too become
• 50:32
  martyrs. And we've created a generation
• 50:34
  of martyrs. Another generation of
• 50:37
  martyrs. So if you think this is going
• 50:39
  to end in two weeks, you better think
• 50:41
  again. I believe differently. And it
• 50:44
  might calm down in two weeks, but this
• 50:47
  ain't over. And it never will be. And
• 50:50
  has it been over in the Middle East in
• 50:52
  the last 3,000 years? Seriously,
• 50:55
  it won't be over anytime soon. The
• 50:58
  Persian the Persian culture has been
• 51:00
  around for 2500 years. They've seen
• 51:04
  people like us come and go. They've seen
• 51:06
  uh things come and go. It's not it's
• 51:09
  it's this is this is just the beginning
• 51:13
  sadly friends and neighbors.
• 51:16
  So Mikail Kazim says yes they're uh
• 51:19
  learning something that doesn't work.
• 51:21
  We're entering a new era economically.
• 51:24
  Hazine says yes and the main thing that
• 51:26
  will determine this era will be the
• 51:29
  destruction of the previous financial
• 51:32
  architecture, the dollar system, the uh
• 51:35
  logistics chain, which by the way he was
• 51:37
  talking about this logistics change or
• 51:39
  chain is uh Lloyds of London uh the
• 51:43
  global supply system, all of it will be
• 51:46
  rebuilt, he says. And those are that's
• 51:49
  the last of his uh his uh
• 51:53
  commentary. I then uh reviewed one more
• 51:58
  and this one has to do with the US now
• 52:02
  funding uh Kurdish
• 52:06
  land troops supplying them to take the
• 52:10
  mountainous areas. No. Okay.
• 52:13
  Anybody who knows even a remote little
• 52:16
  bit about what happened in Afghanistan
• 52:18
  over the last 20 years knows that it's a
• 52:20
  mountainous region that uh you know we
• 52:23
  don't want. I mean who we we didn't go
• 52:26
  there because we wanted it. We went
• 52:28
  there allegedly to get rid of terror
• 52:31
  cells and the the Taliban and ISIS and
• 52:34
  all those things that are still in power
• 52:37
  after we gave up 20 years later. and ran
• 52:41
  away like uh in Monty Python. Run away.
• 52:44
  Run away. Uh how many did we lose? Gane,
• 52:49
  Edka, and Borg. That's five. Three, sir.
• 52:52
  Three. Uh uh. Anyway, sorry. My Monty
• 52:55
  Python slipped in yet again. Sorry about
• 52:59
  that. Um so there are reports that uh um
• 53:04
  of this. So, here's what I I want to
• 53:07
  discuss this uh next uh portion. Let me
• 53:12
  roll down to where it is. The troops
• 53:14
  crossing the border. Okay.
• 53:17
  Troops have broken through Iran's border
• 53:20
  and NATO is really entering the combat.
• 53:23
  Just like we fund Ukraine and NATO is
• 53:26
  really funding Ukraine, this is NATO and
• 53:28
  the US's next forever war on behalf of
• 53:32
  Israel. That's what this is. And it's
• 53:34
  really the US and not NATO in this
• 53:36
  instance. But uh Israel, I mean, I'm
• 53:39
  sorry, Ukraine was all the United
• 53:41
  States, too. So, here's our next forever
• 53:43
  war from our peace president, right? Uh
• 53:47
  so, uh let's see. Troops are crossing
• 53:51
  the border. Military offensive against
• 53:52
  Iran has begun and new emergency
• 53:56
  measures from Thrron are appearing.
• 53:58
  Putin has announced evacuation of
• 54:00
  Russians from the um from uh the
• 54:03
  embassies and stuff like that. He he uh
• 54:05
  went through a whole list of people and
• 54:07
  how they are able to get out. Maria
• 54:09
  Zakarava gave her report yesterday from
• 54:12
  the Ministry of Defense and that was
• 54:13
  very very interesting. I I I was hoping
• 54:15
  to include a bunch of that but uh it's
• 54:17
  too too much. I won't get to it. But uh
• 54:20
  she had a really good uh you know she
• 54:22
  was talking about um g giving specific
• 54:24
  instructions for how the uh uh
• 54:29
  people are supposed to get out through
• 54:30
  Tajikistan through uh uh wherever else
• 54:34
  is connected former Soviet Republic. She
• 54:36
  says they have they have uh methods in
• 54:39
  place and partnerships with the
• 54:42
  countries surrounding Iran and Russians
• 54:45
  who work at the embassy or have private
• 54:47
  uh corporations that they work for. They
• 54:49
  need to go to the consulate or to the
• 54:52
  mission, the Russian mission, get their
• 54:54
  passport stuff and then they will
• 54:55
  receive instructions on how to get
• 54:57
  through and then they will be escorted
• 55:00
  basically through the systems in
• 55:02
  Tajikistan, couple other places that
• 55:04
  they can cross. And she listed out the
• 55:06
  places of crossing where they can go and
• 55:08
  stuff like that. It was an interesting
• 55:09
  uh broadcast for how they how they plan
• 55:12
  to assist the Russians in getting out of
• 55:15
  harm's way. And uh so that's how they're
• 55:17
  doing. the US has announced uh leaving,
• 55:20
  you know, get your get your poop in a
• 55:22
  group and get out of these uh countries,
• 55:24
  you know, let's uh let's get you out of
• 55:26
  there and uh here's how we do it. I
• 55:28
  don't know if it's as formal, but I you
• 55:29
  know, I I saw some uh some steps in that
• 55:33
  for going to the embassy and whatnot at
• 55:35
  least in places like Qatar, Bahrain,
• 55:37
  places like that. Um because of the air
• 55:40
  how what's going on in the air and in
• 55:42
  Saudi Arabia. So any rate, the uh um
• 55:45
  will article 5 on collective defense be
• 55:48
  invoked if I if um
• 55:51
  if will everybody in Europe get
• 55:54
  involved? Will the US now be pushing
• 55:57
  what they've been what Europe has been
• 55:58
  trying to push about Ukraine? And will
• 56:01
  it be some court? We don't know what
• 56:03
  these decisions will be. If we know
• 56:04
  anything, we know that it's completely
• 56:06
  unstable. That you don't know what
• 56:08
  Trump's going to do today, tomorrow,
• 56:09
  next day. Nobody knows. There's talk.
• 56:12
  What was it? Lind Marjorie Taylor Green
• 56:14
  was saying she thinks he's going scenile
• 56:16
  now. So that stuff's going to start. You
• 56:18
  know, people are going to be asking
• 56:19
  about what in the hell is he trying to
• 56:21
  do? Frankly, I want to know what in the
• 56:23
  hell is he trying to do? This is
• 56:24
  [ __ ] Pardon my French. This is just
• 56:26
  stupidity all the way down the line.
• 56:29
  This is moronic and we shouldn't be
• 56:32
  involved. Not at all. I'm one of the 60%
• 56:36
  who say that he's absolutely wrong and
• 56:38
  this isn't what we voted for you for,
• 56:40
  Mr. Peace President. So, but you know,
• 56:43
  again, um I think that internationally
• 56:46
  the guy's a mess. And uh so, uh the
• 56:50
  policies are are crap that we've been
• 56:53
  putting in um internationally. Now,
• 56:55
  we've gone to the other extreme from the
• 56:58
  idiocy of the Democrat party and uh
• 57:01
  Hillary Clinton days idiocy to and
• 57:05
  corruption, corrupt, corrupt, corrupt.
• 57:08
  Now, it's the the opposite. I'm king of
• 57:10
  the world and uh this is what you're
• 57:12
  going to do. There's no negotiation.
• 57:14
  There's no discussion. There's only
• 57:15
  power. That's it. And that is not a
• 57:18
  world that I appreciate. I just don't
• 57:20
  appreciate, you know, a bully in a
• 57:23
  sandbox. I don't appreciate it. Uh but
• 57:27
  will article 5 on collective defense be
• 57:30
  invoked? Iran doesn't intend to raise
• 57:32
  the white flag. Trump has been warned
• 57:35
  about a heavy price for starting this
• 57:37
  war in a very sharp statement. The
• 57:40
  Pentagon has launched an investigation
• 57:42
  after a strike at the girl school in
• 57:44
  Iran. Now, that girl school has been all
• 57:47
  over the news. 160 to 165 middle school
• 57:52
  age girls in school, 14 teachers blown
• 57:56
  up by an Israeli or American missile.
• 58:01
  And uh they show it and they're digging
• 58:03
  the graves. And this is in the first day
• 58:08
  as part of the first strikes when the
• 58:11
  decapitation strike took out um uh the
• 58:16
  um what do you call it? Uh um the
• 58:18
  Ayatollah and um uh it's not the
• 58:22
  Ayatollah, but anyway took out the
• 58:25
  leader, the supreme leader. And uh uh
• 58:27
  the the fact is that's when that um that
• 58:31
  is exactly when the same time period
• 58:34
  another strike hit and that strike took
• 58:37
  out this school. 14 teachers, 106
• 58:40
  students, parents, you know, holding uh
• 58:43
  backpacks of their girls at school and
• 58:45
  stuff like that. It was an all girls
• 58:47
  school, so it's all girls that were
• 58:49
  blown up and uh you know, bits and
• 58:51
  pieces. They can't they haven't even
• 58:53
  identified all the bodies yet. It was so
• 58:56
  destructive. You don't hear a damn thing
• 58:58
  about it over here, but trust me, you're
• 59:00
  hearing about it in other in other
• 59:01
  sources. And the Pentagon itself has
• 59:04
  said it's going to launch an
• 59:05
  investigation after the strike to find
• 59:07
  out what happened. And you know, nothing
• 59:10
  will ever happen cuz nothing ever does.
• 59:12
  But uh but there you have it. And uh you
• 59:15
  know, war sucks. War is but but these
• 59:17
  are not pretty things. That's why they
• 59:19
  don't want you to see them. And
• 59:21
  Republicans and Democrats are sounding
• 59:23
  the alarm. Uh, Representatives of Tran
• 59:26
  are speaking of sacrifice. They're
• 59:28
  already doing it. Death to America
• 59:31
  chants don't go down after this. They go
• 59:33
  up. Okay. Uh, questions are being raised
• 59:36
  about Trump's psychological state.
• 59:38
  Marjorie Taylor Green. Republicans and
• 59:41
  Democrats sound the alarm, emphasizing
• 59:43
  the age of the president. Fear inside
• 59:46
  America. Russian strikes against Europe.
• 59:48
  They're afraid of that. The Kremlin
• 59:50
  decides to get a hold of Brussel or get
• 59:52
  ahead of Brussels. Moscow's move after
• 59:55
  negotiations that he had with the uh
• 59:58
  Hungarian minister. Zalinski sends
• 1:00:01
  specialists from the armed forces of
• 1:00:02
  Ukraine to the Middle East.
• 1:00:05
  A decision has already been made and at
• 1:00:08
  the same time the Russians massively
• 1:00:10
  support negotiation between Kiev and
• 1:00:13
  Moscow. But how many support the war and
• 1:00:17
  how many it has just become background
• 1:00:20
  noise poll results and and all of this
• 1:00:23
  noise the the US has unleashed war that
• 1:00:27
  has undermined the security of all
• 1:00:29
  America's partners in the Middle East
• 1:00:32
  and it is beginning to strike the entire
• 1:00:35
  global economy and it is not only about
• 1:00:38
  oil Iran is striking not only military
• 1:00:41
  targets of the United States and Israel
• 1:00:44
  but also the infrastructure of Persian
• 1:00:47
  Gulf countries, oil platforms, ports,
• 1:00:50
  airports, commercial ships. And this is
• 1:00:53
  from an um magazine called Foreign
• 1:00:56
  Policy. And the consequences of these
• 1:00:58
  attacks go far beyond just the Middle
• 1:01:02
  East region. About a third of the
• 1:01:04
  world's oil and enormous volumes of gas,
• 1:01:08
  fertilizer, and chemicals pass through
• 1:01:11
  the straight of Hormuz. Any disruption
• 1:01:15
  immediately hits prices and markets. In
• 1:01:18
  addition, the ports and airports of Gulf
• 1:01:20
  countries handling key routes of global
• 1:01:23
  trade, aviation transport, financial
• 1:01:26
  flow, and money transfers. I've told you
• 1:01:28
  this before. When you fly into uh when
• 1:01:31
  you try to get to Russia or you try to
• 1:01:33
  get to uh India from America, you try to
• 1:01:36
  get where do you go? Your choices.
• 1:01:38
  Frankfurt on Maine, which is a a pretty
• 1:01:40
  good one if you're going the northern
• 1:01:42
  part. But in the southern part, where do
• 1:01:44
  you go? You end up usually in Dubai. You
• 1:01:48
  end up in Doha, Qatar. You end up in uh
• 1:01:51
  um um Riad, you know, you end up you end
• 1:01:55
  up in one of those three place or
• 1:01:57
  Istanbul. I've spent a lot of time in
• 1:01:58
  Istanbul on connecting flights, but you
• 1:02:01
  have to connect through the Middle East
• 1:02:03
  somewhere or the Persian area somewhere.
• 1:02:05
  You have to do it. And if you're going
• 1:02:08
  to get anywhere east to west, that's how
• 1:02:11
  it works. And all of that is effectively
• 1:02:13
  paralyzed. And and already the movement
• 1:02:16
  of ships through Hormuz is sharply
• 1:02:18
  decreased. Flights in the region are
• 1:02:20
  cancelled. Exchanges and markets
• 1:02:22
  including the gold market in Dubai.
• 1:02:26
  This is going to be frightening to
• 1:02:27
  everybody and all the people hoarding
• 1:02:29
  gold are going to be happy. All of them
• 1:02:31
  are paralyzed because, you know, trade's
• 1:02:33
  not happening. Experts interviewed uh
• 1:02:36
  warned that a prolonged war will cause a
• 1:02:38
  global economic shock. the conquer of
• 1:02:42
  which will be far more serious than a
• 1:02:44
  simple rise in oil prices. And here they
• 1:02:48
  recall the famous words of US President
• 1:02:51
  Woodro Wilson. Now I have a u a book of
• 1:02:56
  quotes and I forgot to bring it but I
• 1:02:57
  was going to look it up and see if I
• 1:02:59
  could find the actual quote because this
• 1:03:00
  is just a paraphrase.
• 1:03:03
  who w and Woodro Wilson 100 years ago
• 1:03:07
  warned that in the modern world the
• 1:03:10
  consequences of war are not limited to
• 1:03:13
  the battlefield. They affect the life of
• 1:03:17
  the entire planet. That's Woodro Wilson
• 1:03:21
  100 years ago talking about planet. And
• 1:03:23
  if you want to know the truth, it's far
• 1:03:26
  worse today.
• 1:03:29
  You think there something that is that
• 1:03:31
  blowing up or stealing a leader in uh
• 1:03:35
  Venezuela didn't cause problems? You
• 1:03:38
  think that oh gee, we're going to take
• 1:03:39
  over Cuba even if you never do. Even if
• 1:03:42
  you just threaten it and your saber
• 1:03:44
  rattling doesn't affect markets or you
• 1:03:47
  think that I'm going to steal Greenland,
• 1:03:48
  too. And now we're still in Iran. We're
• 1:03:52
  we're we're not against ground troops.
• 1:03:53
  Who's we? You a-holes. Who's we? We're
• 1:03:57
  against it. The the American public
• 1:04:00
  spoke pretty strongly that we don't want
• 1:04:03
  20 more years like Afghanistan,
• 1:04:06
  Iraq, we don't want Syria. We don't want
• 1:04:10
  those Libyans. We don't want to fight
• 1:04:13
  with the Houthis. We don't want anything
• 1:04:15
  to do with that crap. But now here we
• 1:04:18
  are again. And so we we elected the guy
• 1:04:21
  on the fact that he was not going to do
• 1:04:23
  these. He was the peace president. He
• 1:04:25
  can make a deal. Well, he can't make a
• 1:04:27
  deal. He just blows people up. But
• 1:04:30
  that's not him. We're doing it on behalf
• 1:04:33
  of the only people we can't control or
• 1:04:36
  refuse. And we must join in. We're doing
• 1:04:39
  it for Israel. And that's that. And uh
• 1:04:42
  Trump, you know, this is why people
• 1:04:44
  think he might be losing it because
• 1:04:45
  anybody normally would have told uh
• 1:04:48
  Netanyahu, screw you. I'm not doing
• 1:04:50
  that. Americans aren't for it. And we're
• 1:04:53
  not. So more more more more against than
• 1:04:57
  for that's for sure. The number is
• 1:04:59
  growing by the way.
• 1:05:02
  So it appears that today's American
• 1:05:04
  politicians have forgotten Wilson's
• 1:05:06
  warnings. And by starting this war,
• 1:05:08
  Trump has exposed his partners in the
• 1:05:10
  Gulf to unprecedented attack. Qatar
• 1:05:14
  isn't going to supply gas. No way.
• 1:05:16
  They're disrupting the flow that serves
• 1:05:18
  as the life system of financially and
• 1:05:22
  life of the global economy. And a war
• 1:05:26
  with Iran will become a new problem for
• 1:05:30
  Ukraine as well. While the attention of
• 1:05:32
  the US and Europe ships to the Middle
• 1:05:34
  East, Kiev is losing its own military
• 1:05:37
  and political support. That is why it's
• 1:05:39
  blowing crap up in the Mediterranean.
• 1:05:41
  Hey, we're still here. Look at us. We
• 1:05:45
  can help you take out those Iranians.
• 1:05:48
  Just send us more money, more arms. We
• 1:05:52
  can't win. They're not going to win
• 1:05:54
  anyway.
• 1:05:56
  The whole thing is a waste. And we
• 1:05:58
  aren't going to win long-term in Iran
• 1:06:01
  any more than we won long-term in any
• 1:06:04
  conflict started since freaking Vietnam,
• 1:06:07
  Korea, and before. We haven't won any of
• 1:06:10
  these. And this is going to be the same.
• 1:06:14
  And Lindsey Graham is out there doing
• 1:06:16
  the exact same thing he's been doing for
• 1:06:18
  25 years. It's the exact same thing. Oh,
• 1:06:22
  we're gonna kick the crap out of these
• 1:06:23
  guys. Yep. Next. Next. Next. I'll tell
• 1:06:29
  you what. The Telegraph said that if the
• 1:06:31
  conflict continues, the US and its
• 1:06:34
  allies will send air defense systems and
• 1:06:36
  missiles, including Patriots, to protect
• 1:06:39
  their own bases in the region of the
• 1:06:41
  Middle East instead of Ukraine. That's
• 1:06:44
  already happening, by the way. And this
• 1:06:46
  will seriously weaken even further
• 1:06:49
  Ukrainian air defense, which barely
• 1:06:51
  exists right now. And it already has a
• 1:06:54
  severe shortage of missiles. And it's
• 1:06:57
  already sending up a million for U
• 1:07:00
  Defense Patriot missile to defend
• 1:07:03
  against 30 drones that cost 5,000 bucks
• 1:07:07
  a piece. And uh you know so the the
• 1:07:11
  lopsidedness of Patriots with drones
• 1:07:15
  originally manufactured by Iran for the
• 1:07:18
  Russians well for themselves but for the
• 1:07:20
  Russians too.
• 1:07:23
  Patriots aren't going to help him
• 1:07:25
  against those and they're not helping
• 1:07:28
  against those. So it'll seriously weaken
• 1:07:31
  Ukraine. Uh this is also a risk of uh
• 1:07:36
  getting rid of any sort of diplomacy.
• 1:07:38
  diplomacy is dead. You're not going to
• 1:07:39
  bring the Iranians back to the table.
• 1:07:41
  That's not going to happen. Um,
• 1:07:43
  negotiations between Kiev, Moscow, and
• 1:07:46
  Washington are also impacted. They might
• 1:07:49
  stop uh, you know, they are stopped and
• 1:07:52
  because of Trump's focus on the Middle
• 1:07:53
  East. So, it is in Ukraine's interest
• 1:07:56
  that the operation in Iran doesn't drag
• 1:07:58
  on because they need to bring attention
• 1:08:00
  back to themselves and they want to
• 1:08:03
  punish. If they can help, they want to
• 1:08:05
  jump in too. Another fear is that the
• 1:08:08
  crisis in the Middle East will will uh
• 1:08:10
  you know be prolonged. Um there's no
• 1:08:13
  significant process in either event
• 1:08:16
  anyway. Zalinski is trying with all his
• 1:08:19
  might to turn Trump back toward Ukraine,
• 1:08:21
  says the Telegraph. And they emphasize
• 1:08:24
  that Kiev has offered Ukraine Ukrainian
• 1:08:26
  assistance in repelling Iranian drones
• 1:08:31
  in the Middle East.
• 1:08:33
  uh the day before uh it was confirmed
• 1:08:36
  that negotiations are on pause. Russia,
• 1:08:39
  US and uh Ukraine and specialists from
• 1:08:43
  Ukraine will still be sent to the Middle
• 1:08:45
  East and that's not going to hurt
• 1:08:48
  Ukraine at all. Of course,
• 1:08:51
  uh Ukrainian specialists are going to
• 1:08:53
  work. They're going to be ready to help
• 1:08:55
  protect civilians. Oh, yeah. Yeah. Yeah.
• 1:08:57
  Same old crap. The military offensive
• 1:08:59
  against Iran is begun. Troops have
• 1:09:02
  crossed the border. Kurdish forces have
• 1:09:04
  begun a ground operation. Thousands of
• 1:09:06
  fighters from the US funded Kurdistan
• 1:09:10
  free life party are already on Iranian
• 1:09:13
  territory and have taken positions
• 1:09:15
  inside the country. Now this is a pro a
• 1:09:18
  pro Kurdish pro- Ukraine source that I
• 1:09:22
  got this from. So it will be twisted you
• 1:09:25
  know into their effect. So, thousands of
• 1:09:27
  fighters from Kurdistan, units are
• 1:09:29
  advancing in the mountainous areas in
• 1:09:32
  western Iran. We don't want any of that
• 1:09:34
  either, just like nobody wanted any of
• 1:09:37
  the stuff in um um
• 1:09:40
  what do you call it?
• 1:09:42
  Uh Afghanistan. Nobody's interested. Uh
• 1:09:45
  it is reported and they've lived there
• 1:09:47
  for centuries. You know, the Kurds have
• 1:09:49
  as well, you know. So, we'll we'll we'll
• 1:09:52
  claim, you know, we took a little chunk
• 1:09:53
  of Iran and look at this and our Kurds
• 1:09:56
  are there and we support the Kurds and
• 1:09:58
  the Turks hate the Kurds and the Kurds
• 1:10:01
  hate the Turks and it's and they all
• 1:10:03
  hate Israel and it'll be just the next
• 1:10:07
  iteration of the same old crap. Then the
• 1:10:10
  US gets sucked into it and it has
• 1:10:12
  nothing to do with us. It has everything
• 1:10:16
  to do with Israel and if we're their lap
• 1:10:18
  dog, which it appears to me, especially
• 1:10:21
  in this instance, then um you know, it's
• 1:10:24
  really not in our favor and people
• 1:10:26
  aren't for this. According to a
• 1:10:27
  representative of the coalition of the
• 1:10:29
  political forces of Iran uh Iranian
• 1:10:33
  Kurdistan, fighters of the Kurdistan
• 1:10:35
  Free Life Party have taken positions in
• 1:10:37
  the area of the southern mountains in
• 1:10:38
  the city of Maravan in western Iran. and
• 1:10:43
  he said thousands of fighters have been
• 1:10:45
  deployed in the mountainous region. At
• 1:10:47
  the same time, the Iranian media denied
• 1:10:50
  the Kurdish offensive. The US and Israel
• 1:10:53
  continue to strike Iran. A number of
• 1:10:55
  high-profile statements have been made,
• 1:10:57
  of course, by the Minister of War. We're
• 1:10:59
  going to kick the crap out everybody.
• 1:11:01
  Yep. Iran is doomed and will never
• 1:11:04
  obtain a nuclear bomb. in the force of
• 1:11:06
  Washington and Jerusalem. The Holy will
• 1:11:09
  soon gain full air control over the
• 1:11:11
  entire territory of Iran.
• 1:11:14
  Well, good for you. So what? It ain't
• 1:11:17
  going to end the war. It ain't going to
• 1:11:19
  end what happens on the ground. The
• 1:11:21
  statement was made by Pete Hegsth. He
• 1:11:23
  also said the operation is only in its
• 1:11:26
  beginning phases and the US is ready to
• 1:11:28
  continue. Here are the words that you
• 1:11:30
  need to fear Americans as long as
• 1:11:32
  necessary. In addition, the US published
• 1:11:37
  video footage of a strike against the
• 1:11:39
  Iranian warship in Sri Lanka. US Navy
• 1:11:42
  carried out strike. We So now instead of
• 1:11:44
  uh boats in uh now instead of boats
• 1:11:47
  outside of Venezuela, that had nothing
• 1:11:49
  to do with the seizure of Maduro and the
• 1:11:51
  stealing of of oil from Venezuela,
• 1:11:55
  the US Navy's going to blow up boats um
• 1:11:59
  in a submarine did it yesterday in the
• 1:12:01
  Indian Ocean. An American submarine sank
• 1:12:05
  an Iranian warship that felt it was
• 1:12:07
  safe. Instead, it was sunk by a t
• 1:12:09
  torpedo. The first sinking of an enemy
• 1:12:12
  ship by torpedo since the Second World
• 1:12:16
  War.
• 1:12:17
  We are fighting to win. Yeah, we've
• 1:12:20
  fought everything to win and we've never
• 1:12:22
  won. Iran, however, does not intend to
• 1:12:24
  raise the white flag. In Thran, they
• 1:12:27
  describe and declared that Trump will
• 1:12:30
  pay a heavy price for his actions. And
• 1:12:32
  the statement came from the secretary of
• 1:12:34
  the National Security Council. Here's
• 1:12:36
  the quote. Trump has dragged the
• 1:12:38
  American people into an unjust war with
• 1:12:41
  Iran. Because of Netanyahu's
• 1:12:45
  impulsiveness and absurd actions, now he
• 1:12:49
  himself will answer. After the death of
• 1:12:52
  more than 500 American servicemen in
• 1:12:54
  recent days, now that's a obviously
• 1:12:57
  inflated number. Does the slogan America
• 1:13:00
  first still remain? That slogan is long
• 1:13:03
  gone.
• 1:13:05
  I'm in I I I don't support him with the
• 1:13:07
  500. That's not truthful. But America
• 1:13:10
  first that this is definitely not
• 1:13:12
  America first. The Trump administration
• 1:13:15
  is running out of time to explain the
• 1:13:17
  war with Iran to Americans, writes
• 1:13:21
  political and emphasize the
• 1:13:23
  contradictory statements of US
• 1:13:25
  officials. The publication claims that
• 1:13:28
  dissatisfaction is growing within the
• 1:13:30
  MAGA movement. I read this too. It was
• 1:13:33
  interesting. Trump supporters fear a
• 1:13:36
  prolonged war, rising gas prices, and a
• 1:13:39
  new foreign conflict that contradicts
• 1:13:41
  his own promises and America first. The
• 1:13:45
  danger for the Trump administration is
• 1:13:47
  that it may lose control when the war
• 1:13:50
  ends. I think he's this is going to
• 1:13:53
  result in the loss of the House and the
• 1:13:56
  Senate. That's what I believe. And Iran
• 1:13:59
  also has its own words to say. Now, its
• 1:14:03
  attacks are forcing the US to close
• 1:14:05
  embassies in the region, evacuate
• 1:14:08
  American citizens, and ensure all oil
• 1:14:12
  tankers because Lloyds of London will
• 1:14:16
  not. This affects the global economy.
• 1:14:19
  So, what's the easy answer for Trump?
• 1:14:21
  Well, hell with it. We'll pay for it.
• 1:14:22
  You know, we'll charge insurance. We'll
• 1:14:24
  pay your insurance and they don't. We'll
• 1:14:26
  pay. So, we're the global uh reinsurance
• 1:14:29
  policy because we started the war once
• 1:14:32
  again. Who's going to fund it with no
• 1:14:34
  explanation? The US taxpayers. Right?
• 1:14:39
  So, uh, difficulties also been caused by
• 1:14:42
  the words of Trump's former supporter,
• 1:14:45
  Miss Marjorie Taylor Green, who asked
• 1:14:47
  whether Trump's psychological condition
• 1:14:49
  is stable. She said, uh, and I had the
• 1:14:52
  quote somewhere, but this is not, this
• 1:14:54
  is a paraphrase, Donald Trump has
• 1:14:56
  repeatedly said on camera and in
• 1:14:58
  interviews that he does not think he
• 1:15:01
  will go to heaven.
• 1:15:04
  What does that have to do with anything?
• 1:15:06
  And I want to ask a serious question.
• 1:15:08
  What's in his head? What psychological
• 1:15:11
  condition is he in? If he himself
• 1:15:14
  believes he's not going to go to heaven
• 1:15:16
  and he's already a man at the end of his
• 1:15:18
  life's path, what does that mean and how
• 1:15:20
  will it affect all of us? He's already
• 1:15:23
  said he doesn't care about his own
• 1:15:25
  ratings. Representatives of the
• 1:15:27
  Democrats are demanding answers and say
• 1:15:30
  Trump doesn't have a clear plan. I agree
• 1:15:34
  he doesn't. I just left a closed
• 1:15:36
  briefing on Iran and here is what I can
• 1:15:38
  say. Everything is much worse than you
• 1:15:41
  thought. You have every reason to be
• 1:15:45
  concerned. The Trump administration has
• 1:15:47
  no plan for Iran. Oh yeah, let's fund
• 1:15:51
  the Kurds. There's a good plan. No, it's
• 1:15:54
  not. It is. They say anyway, this is
• 1:15:57
  more commentary from that article. This
• 1:15:59
  illegal war is based on lies started
• 1:16:02
  without any immediate threat to the
• 1:16:04
  United States. How do you not agree with
• 1:16:06
  that? There is no threat to us at all.
• 1:16:10
  Even if Iran has a nuclear weapon, we
• 1:16:12
  don't give a crap. What do we care?
• 1:16:14
  Pakistan has them. You know, Pakistan's
• 1:16:17
  got nuclear weapons. North Korea has
• 1:16:20
  them. Who's going to attack North Korea?
• 1:16:22
  Nobody. Why? Because they have weapons.
• 1:16:24
  Why does Why does Ukraine want them? You
• 1:16:26
  think Vladimir Zalinski is not a [ __ ]
• 1:16:28
  or not a nutcase? He's a nutcase. And if
• 1:16:32
  we gave him nuclear weapons, he'd lob
• 1:16:34
  them out into Russia somewhere. I'm
• 1:16:36
  afraid Netanyahu is going to do that. I
• 1:16:38
  really am. I don't think that guy's
• 1:16:39
  stable at all. He's chosen by God. You
• 1:16:42
  want to say that you're going to [ __ ]
• 1:16:43
  here about Trump not be not going to
• 1:16:45
  heaven or thinking he's not going to
• 1:16:47
  heaven so he can still do whatever he
• 1:16:48
  wants? The worst scenario if he can do
• 1:16:51
  whatever he wants is Netanyahu. He's
• 1:16:53
  worse. He thinks he's already in heaven.
• 1:16:56
  He thinks he's there. He is the chosen
• 1:17:00
  one. Period. End of sentence. He gets to
• 1:17:03
  control the United States. And he does.
• 1:17:06
  At least as far as this goes. So anyway,
• 1:17:09
  I'm ranting a little bit after that. And
• 1:17:11
  uh Donald Trump has not presented one
• 1:17:14
  single clear reason for this war. And
• 1:17:17
  apparently he has no plan to end it
• 1:17:20
  either. Instead, he has to show who's
• 1:17:22
  got the bigger weenie by going, "Oh, we
• 1:17:24
  got endless weapons. We got him
• 1:17:26
  everywhere. You know what I'm going to
• 1:17:27
  do? I'm going to send out that HEG. He
• 1:17:28
  was in the army before. Let's let's have
• 1:17:30
  him root rah rah troops. You know, let's
• 1:17:33
  have him do it." And that's all he's
• 1:17:35
  doing. That's it. Meanwhile, NATO has
• 1:17:38
  opened fire on an Iranian missile flying
• 1:17:40
  toward Turkey. According to Turkish
• 1:17:42
  Ministry of Defense, the ballistic
• 1:17:43
  missile launched from Iran flew through
• 1:17:46
  Iraq and Syria and headed toward Turkish
• 1:17:48
  border intercepted by a NATO air defense
• 1:17:50
  system. This is the first case since the
• 1:17:52
  beginning of the current war when
• 1:17:54
  Iranian missiles were directed toward a
• 1:17:56
  NATO country. The alliance condemns this
• 1:17:59
  attack. However, the Pentagon stated
• 1:18:01
  there are no grounds for activating
• 1:18:03
  article 5 on collective defense. Turkey
• 1:18:06
  summoned the Iranian ambassador and car
• 1:18:08
  stated it may respond uh in kind, you
• 1:18:11
  know, Ankara, Turkey. That means for
• 1:18:12
  those of you that don't understand where
• 1:18:14
  the capital of Turkey is, all necessary
• 1:18:16
  steps to defend our territory and
• 1:18:18
  airspace will be taken decisively and
• 1:18:20
  without hesitation, say the Turkish
• 1:18:22
  foreign ministry. So now we're going to
• 1:18:25
  suck Turkey into a war. We remind
• 1:18:27
  everyone that we reserve the right to
• 1:18:29
  respond to any hostile action against
• 1:18:31
  our country. The US Ministry of War,
• 1:18:34
  Department of War, has announced, oops,
• 1:18:39
  uh, the beginning of an investigation
• 1:18:40
  into the circumstance of the strike on
• 1:18:42
  the girls school in southern Iran.
• 1:18:44
  According to Thran, more than 160 people
• 1:18:46
  were killed. The victims were all school
• 1:18:47
  girls. Pentagon chief uh, P. Heg says
• 1:18:51
  said while answering journalist
• 1:18:53
  questions, can you provide updated
• 1:18:55
  information about what the
• 1:18:56
  administration knows reporting or
• 1:18:58
  regarding reports of strikes on girls
• 1:19:00
  school in southern Iran on Saturday? All
• 1:19:03
  I can say is we are investigating. We of
• 1:19:05
  course never strike civilian targets.
• 1:19:07
  Yeah, right. But we are studying this
• 1:19:09
  incident and conducting an
• 1:19:10
  investigation. The issue has caused a
• 1:19:13
  major reaction. Iranian authorities
• 1:19:16
  claimed the strike occurred on February
• 1:19:18
  28th. the city of Minab and among the
• 1:19:20
  victims were students of primary and
• 1:19:21
  secondary school. Al Jazer Alazer says
• 1:19:24
  the school probably educated the
• 1:19:27
  daughters of members of the Islamic
• 1:19:29
  Revolutionary Guard Corps. So these are
• 1:19:31
  important girls.
• 1:19:34
  Yeah, let's cause harm. I I you know I I
• 1:19:37
  am so cynical this we're we're killing
• 1:19:41
  we're decapitating. Why not kill their
• 1:19:43
  whole families? What if you think that
• 1:19:46
  uh somebody important's kid was in there
• 1:19:48
  and you can take care of him by killing
• 1:19:50
  one of his family? I'm Heg says not
• 1:19:52
  above that. Neither is Trump. Netanyahu
• 1:19:57
  definitely isn't above that. In fact,
• 1:19:59
  this is the preferred method. We
• 1:20:02
  targeted individuals
• 1:20:05
  leaders of countries. And why? Because
• 1:20:08
  we have the biggest wiener. That is why.
• 1:20:11
  And that's the only reason that we did
• 1:20:13
  it. We're not doing it to encourage
• 1:20:14
  them. Do we're doing it to dominate.
• 1:20:17
  Period. We are going to be world
• 1:20:19
  dominant. And the world is not going to
• 1:20:21
  like it. And now we are probably in the
• 1:20:25
  very beginnings of people realizing that
• 1:20:28
  we got three more years of this [ __ ] and
• 1:20:31
  it's going to keep on coming. I I don't
• 1:20:34
  believe in the stability of any of these
• 1:20:37
  people.
• 1:20:39
  Netanyahu especially, that guy needs to
• 1:20:42
  be examined. You know, I don't know
• 1:20:44
  about Trump. I don't know. But I'm I'm
• 1:20:46
  seriously questioning these latest
• 1:20:48
  actions. And when you watch Hegsth, I've
• 1:20:50
  seen a million sergeants like him. He
• 1:20:52
  just gets to get up, you know,
• 1:20:54
  commanders, whatever. Oh, rip rip. We
• 1:20:57
  got him, boys. Let's We're going to go
• 1:21:00
  kill us. And so he's going to hang us.
• 1:21:04
  He's He's one of those people. More war.
• 1:21:06
  More war. He's a cheerleader. That's it.
• 1:21:10
  And uh it's not good. So um anyway, I'm
• 1:21:13
  ranting again. At the same time, Iran's
• 1:21:16
  ambassador
• 1:21:18
  uh oh, by the way, uh I I meant to
• 1:21:20
  finish this last thing. Uh that the
• 1:21:22
  daughters of the members of the Islamic
• 1:21:24
  Revolutionary Guard Corps, but next to
• 1:21:26
  that facility, a military facility is
• 1:21:29
  located near that school. And uh this
• 1:21:32
  building previously was part of the
• 1:21:35
  infrastructure. At the same time, Iran's
• 1:21:38
  ambassador to Bellarus,
• 1:21:41
  his name is Sun, connected the strike
• 1:21:44
  with a sacrifice made for the success of
• 1:21:46
  the armies of Israel in the United
• 1:21:48
  States. And uh you know, they're they're
• 1:21:50
  turning these people, I'm telling you,
• 1:21:53
  into martyrs everywhere. And that is the
• 1:21:56
  danger. You can't convince a martyr. It
• 1:22:00
  won't happen. And at a press conference
• 1:22:03
  in Minsk, Bellarus after a meeting with
• 1:22:05
  Lucena, the following statement was
• 1:22:08
  made.
• 1:22:09
  This may be connected with the Epstein
• 1:22:12
  cult. Perhaps they carried out a ritual
• 1:22:15
  there for sacrificing children. For some
• 1:22:18
  it is war. For others it is profit
• 1:22:20
  against a background of the situation in
• 1:22:22
  the Middle East. Now I think that
• 1:22:25
  comment was nothing but inflammatory.
• 1:22:27
  But entrepreneurial people in Dubai are
• 1:22:30
  making money off of this. Tourists and
• 1:22:32
  expat expats are willing to pay enormous
• 1:22:35
  sums to leave the city. Prices have
• 1:22:38
  soared uh airline prices for evacuation
• 1:22:42
  from Dubai. Families are paying up to
• 1:22:46
  $250,000.
• 1:22:50
  This has been reported in the Financial
• 1:22:52
  Times. Cuz you can't get out of Dubai.
• 1:22:55
  You can't get out of Egypt. You can't
• 1:22:57
  get out of any place there. You're not
• 1:23:01
  getting out. You're there. You're
• 1:23:03
  trapped. That's why the Russians are
• 1:23:05
  trying to come up with ways to get their
• 1:23:07
  people out of Iran and out of these
• 1:23:09
  other countries.
• 1:23:10
  And uh you know, interesting times.
• 1:23:13
  According this is also reported by the
• 1:23:16
  Financial Times. According to insurance
• 1:23:18
  companies that deal with crisis
• 1:23:20
  assistance, evacuating one f evacuating
• 1:23:24
  one family of two adults and two
• 1:23:26
  children can cost up to a quarter of a
• 1:23:28
  million dollars if a private jet has to
• 1:23:31
  be used. Commercial air is certainly
• 1:23:33
  unreliable. Prices for charter flights
• 1:23:36
  doubled in the last few days. Even
• 1:23:38
  ground evacuation is extremely
• 1:23:41
  expensive. A taxi or minibus from Dubai
• 1:23:44
  to Muscat, the most popular escape
• 1:23:46
  destination, now costs thousands of
• 1:23:49
  dollars instead of several hundred. Some
• 1:23:51
  flights from Dubai and Abu Dhabi are
• 1:23:54
  gradually resuming, but most regular
• 1:23:56
  flights remain cancelled and tens of
• 1:23:58
  thousands of passengers are stranded in
• 1:24:01
  the largest airports in the region. Um,
• 1:24:03
  that was another Soliv commentary. It's
• 1:24:06
  pretty damn funny actually. uh when he
• 1:24:09
  was talking to um Kazine, they were
• 1:24:12
  saying that the people couldn't get in
• 1:24:14
  and out of Dubai and Russians couldn't
• 1:24:16
  get out and uh Vladimir Soliv says well
• 1:24:19
  because Dubai is full of Russian
• 1:24:22
  escorts. I mean everywhere they all go
• 1:24:25
  there and just start selling and they
• 1:24:27
  get incredibly wealthy because you know
• 1:24:29
  how uh how good-looking they are and all
• 1:24:31
  the young girls are in Dubai and are in
• 1:24:34
  Abu Dhabi and you know they fly there
• 1:24:36
  from all over the world and he's and
• 1:24:38
  Soliv says something like uh well that's
• 1:24:41
  going to cause a a a rise in the prices
• 1:24:43
  of an escort
• 1:24:46
  price and escort is going to triple you
• 1:24:48
  know overnight too and so that's not
• 1:24:50
  going to be good. And so uh uh anyway,
• 1:24:52
  most flights remain cancelled. Tens of
• 1:24:55
  thousands are stranded. Um European
• 1:24:57
  countries have already begun
• 1:24:59
  repatriation flights for their own
• 1:25:00
  citizens. So, you know, they're sending
• 1:25:03
  their own planes. And uh Putin has
• 1:25:05
  announced evacuation measures for
• 1:25:06
  Russians. Russians stranded in the
• 1:25:08
  Middle East are evacuated by the
• 1:25:10
  Ministry of Emergency and the Ministry
• 1:25:12
  of Defense. Financial Times says we are
• 1:25:15
  seeing taxis starting from $5,000 and
• 1:25:18
  higher, said one insurance executive.
• 1:25:21
  The main problem is the US State
• 1:25:23
  Department recommends leaving the region
• 1:25:25
  using available commercial flights, but
• 1:25:28
  right now such flights are non-existent.
• 1:25:30
  Although companies in the region are
• 1:25:32
  asking employees to work remotely, more
• 1:25:34
  and more residents tourist expates are
• 1:25:37
  trying to leave because a conflict shows
• 1:25:39
  no sign of ending soon. US is preparing
• 1:25:43
  to identif in indefinitely remove the
• 1:25:46
  German subsidiary of Ross Neft from
• 1:25:48
  sanctions.
• 1:25:50
  So because of the the US creating
• 1:25:54
  problems in the gas and oil industry,
• 1:25:57
  they are talking removing Neft, which is
• 1:26:00
  the Russian uh oil company that has been
• 1:26:03
  sanctioned individually, taking and Luke
• 1:26:06
  Oil, which has a lot of Russian stuff.
• 1:26:08
  I've been I talked about it a little bit
• 1:26:09
  on here. Removing them from the list of
• 1:26:11
  sanctions so they can sell gas and oil
• 1:26:14
  in eastern Russia. This will be a
• 1:26:16
  serious diplomatic victory uh after test
• 1:26:19
  tense negotiations with Washington says
• 1:26:22
  Bloomberg because Germany wants to work
• 1:26:25
  with Ross Neft. They are this is a
• 1:26:30
  messed up muddled up shook up world
• 1:26:33
  except for Lola. The decision is
• 1:26:35
  expected to be announced by the Office
• 1:26:37
  of Foreign Assets Control of the US
• 1:26:39
  Treasury soon. The issue concerns
• 1:26:42
  Rosenef Germany whose assets Berlin took
• 1:26:45
  control of after the start of the war in
• 1:26:47
  Ukraine in 2022. Since then, they remain
• 1:26:50
  under straight state administration in
• 1:26:52
  legal uncertainty. Rosenef Germany owns
• 1:26:55
  three major German oil refineries that
• 1:26:58
  provide 12% of the country's oil
• 1:27:01
  refining. Among them is the refinery in
• 1:27:03
  Schwet near Berlin as a stake in
• 1:27:05
  Transalpine pipeline through which oil
• 1:27:08
  enters central Europe. Putin decided to
• 1:27:10
  get ahead of Europe and instructed his
• 1:27:12
  government to study the possibility of
• 1:27:15
  stopping European or Russian gas
• 1:27:17
  supplies to the European Union. As I
• 1:27:19
  described to you earlier, he described
• 1:27:21
  the statement not a decision but as
• 1:27:23
  thinking aloud and I fold shared the
• 1:27:25
  full statement with you. He noted
• 1:27:27
  Moscow's uh will consider such step
• 1:27:29
  because European countries are nuts. Uh
• 1:27:32
  the Kremlin is going to consider
• 1:27:34
  leaving. The statement came after his
• 1:27:35
  meeting with the Hungarian foreign
• 1:27:37
  minister. So Russians are massively
• 1:27:40
  supporting peace negotiations.
• 1:27:42
  Uh
• 1:27:44
  as well as let's see where are the
• 1:27:46
  latest numbers. According to Bloomberg,
• 1:27:49
  67% support negotiation, 24% support
• 1:27:54
  continuing the war. Now, that's
• 1:27:55
  Bloomberg reporting that and I'm not
• 1:27:58
  sure uh I h haven't seen the actual
• 1:28:01
  report yet. This is a report of a
• 1:28:03
  report. And that's all for today on uh
• 1:28:06
  uh international flavor. I'm very glad
• 1:28:08
  you are with me. Uh tomorrow is uh civic
• 1:28:12
  outlaws. I'm going to share with you uh
• 1:28:14
  my latest article on HB House Bill 3154
• 1:28:20
  and its companion bill, Senate Bill
• 1:28:22
  1407.
• 1:28:24
  uh more government bureaucratic
• 1:28:28
  overreach in my humble opinion which we
• 1:28:31
  at Civic Outlaws take very seriously and
• 1:28:33
  wish to inform people about. Um
• 1:28:37
  that show will go from 7:30 tomorrow
• 1:28:40
  morning to approximately 8:30
• 1:28:43
  and that is it. That'll be my last show
• 1:28:47
  for the week. This is my last
• 1:28:48
  international flavor for the week. I'm
• 1:28:50
  very glad you showed up. The um uh at
• 1:28:53
  the Lake Ozark real estate of the art
• 1:28:55
  studio. Um you can listen live at
• 1:28:57
  damradio.com to fantastic music all
• 1:29:01
  through the day uh except when uh
• 1:29:03
  wonderful talk radio is on board. And we
• 1:29:08
  hope you do. You can find all former
• 1:29:11
  shows uh from DMRadio at damradio.com
• 1:29:17
  uh podcast. My show, International
• 1:29:20
  Flavor, you can always find at
• 1:29:22
  internationalflavor.com.
• 1:29:24
  All of my prior programs are
• 1:29:28
  safely tucked away out there. We hope
• 1:29:31
  you join Civic Outlaws tomorrow morning
• 1:29:34
  and continue listening to DAM radio each
• 1:29:37
  and every day where you can get the
• 1:29:41
  truth only here on International Flavor.
• 1:29:44
  It just tastes better. Have a nice day.