Latest / Neil McCoy-Ward Podcast / 🚨 ALERT! Things Are Falling Apart Very Quickly!!!

Transcript

🚨 ALERT! Things Are Falling Apart Very Quickly!!! · Neil McCoy-Ward Podcast

• 0:00
  SPEAKER_00: Alert!
• 0:01
  SPEAKER_00: Things are falling apart very, very quickly now.
• 0:05
  SPEAKER_00: What another crazy week of geopolitical news.
• 0:09
  SPEAKER_00: We're going to get into all of this today.
• 0:10
  SPEAKER_00: There is a lot to cover right from the Houthis ground invasion, which Was successful.
• 0:19
  SPEAKER_00: Yes, they've now taken over the Bab el-Mandeb Strait.
• 0:23
  SPEAKER_00: You can't even believe this stuff.
• 0:24
  SPEAKER_00: Canada creating a 100-year defense pact with Ukraine.
• 0:29
  SPEAKER_00: This is on top of the UK having done that recently as well.
• 0:34
  SPEAKER_00: Again, things people aren't aware of.
• 0:37
  SPEAKER_00: Plus the NATO claims of what Russia has done.
• 0:40
  SPEAKER_00: NATO and the EU, in fact, creating a new defense pact.
• 0:45
  SPEAKER_00: We'll talk about that.
• 0:46
  SPEAKER_00: Poland's claims of what Russia has done over on the border.
• 0:51
  SPEAKER_00: The British Army doing even more cuts.
• 0:54
  SPEAKER_00: You honestly can't believe this stuff.
• 0:56
  SPEAKER_00: Even more cuts.
• 0:58
  SPEAKER_00: All this today and a lot more for this beautiful walk and talk on the Isle of Man.
• 1:04
  SPEAKER_00: This will be the last one for a while here.
• 1:07
  SPEAKER_00: In fact, it's so bright I've got to put the sunglasses on.
• 1:10
  SPEAKER_00: I know people always complain.
• 1:12
  SPEAKER_00: So let's get started with an easy one then and that is what
• 1:15
  SPEAKER_00: the British Army has just announced or should I say
• 1:29
  SPEAKER_00: The British government have announced for the British army and they have insisted on
• 1:34
  SPEAKER_00: a 30 million.
• 1:35
  SPEAKER_00: This is on top of what I talked about last week, by the way.
• 1:39
  SPEAKER_00: So this is a 30 million pound cut from the budget,
• 1:44
  SPEAKER_00: despite the UK government just sending 100 million pounds to Ukraine
• 1:51
  SPEAKER_00: and having 130 million
• 1:54
  SPEAKER_00: Now, if you do the rough calculations on that,
• 2:01
  SPEAKER_00: I don't have a calculator on me,
• 2:03
  SPEAKER_00: but that would be something like,
• 2:05
  SPEAKER_00: the 30 million that they've cut,
• 2:07
  SPEAKER_00: would be something like 0.25% of the entire foreign aid budget.
• 2:15
  SPEAKER_00: Someone tell me,
• 2:16
  SPEAKER_00: how does that make any sense to create this huge risk that we now have,
• 2:23
  SPEAKER_00: Huge risk with the military for the sake of 0.25% of the foreign aid budget.
• 2:32
  SPEAKER_00: Wouldn't it make sense?
• 2:34
  SPEAKER_00: I mean, I don't know.
• 2:35
  SPEAKER_00: Maybe I'm just a logical guy here.
• 2:37
  SPEAKER_00: Wouldn't it make sense to just cut the foreign aid budget by, say, 1%?
• 2:46
  SPEAKER_00: You know how much I'd cut it by,
• 2:48
  SPEAKER_00: but 1% and then put that into the military rather than them having
• 2:53
  SPEAKER_00: to stand down no longer doing their training.
• 2:58
  SPEAKER_00: I mean, it doesn't make any sense to me,
• 3:00
  SPEAKER_00: but if you think it makes sense, please leave me a comment as to how.
• 3:04
  SPEAKER_00: And in fact,
• 3:05
  SPEAKER_00: even more commanding officers have been told to cut their budgets now,
• 3:11
  SPEAKER_00: cut their training,
• 3:12
  SPEAKER_00: cancel a lot of these training exercises that they had planned for this year.
• 3:19
  SPEAKER_00: This goes all the way through to the end of the year and part of next year.
• 3:23
  SPEAKER_00: But it's not just that, it's also the TA, which is the Territorial Army.
• 3:27
  SPEAKER_00: Now you've got to think,
• 3:28
  SPEAKER_00: these guys give up their weekends to train and do preparedness and be ready,
• 3:34
  SPEAKER_00: and now The government's told the army to cut that budget as well.
• 3:41
  SPEAKER_00: In fact,
• 3:41
  SPEAKER_00: the army as a whole is so concerned by this that something has happened
• 3:46
  SPEAKER_00: that hasn't happened in a long time.
• 3:48
  SPEAKER_00: And that is the current serving officers,
• 3:51
  SPEAKER_00: because it's usually officers who have retired and they haven't really got anything
• 3:54
  SPEAKER_00: to lose.
• 3:55
  SPEAKER_00: But current serving officers are now speaking out.
• 3:58
  SPEAKER_00: And saying what a dangerous decision this is by the government.
• 4:04
  SPEAKER_00: And I've got loads of these statements.
• 4:05
  SPEAKER_00: I'll read a couple out here.
• 4:06
  SPEAKER_00: This was one senior officer.
• 4:08
  SPEAKER_00: He said, Army's trained.
• 4:10
  SPEAKER_00: That is what they do.
• 4:11
  SPEAKER_00: Now nothing is going to happen.
• 4:13
  SPEAKER_00: Everything is cancelled.
• 4:15
  SPEAKER_00: And commanding officers have hundreds and hundreds of men that they have nothing,
• 4:20
  SPEAKER_00: that they can't do anything with them.
• 4:23
  SPEAKER_00: Another source said this is unprecedented in the history of the army since World War II.
• 4:29
  SPEAKER_00: And he said that given the seriousness of the threats we face,
• 4:32
  SPEAKER_00: it shows a national dereliction of history.
• 4:36
  SPEAKER_00: So let's move on to Canada now then and this new defence pact Canada and Ukraine have signed.
• 4:44
  SPEAKER_00: A 100 year defence pact and I was kind of reading into this to understand why Even
• 4:51
  SPEAKER_00: though there's huge opposition to Canada sending all this money to Ukraine,
• 4:57
  SPEAKER_00: why is it still taking place?
• 5:00
  SPEAKER_00: So Mark Carney has been very vocal in his support for Ukraine.
• 5:04
  SPEAKER_00: Very, very vocal indeed.
• 5:07
  SPEAKER_00: And he says that we will support them no matter what.
• 5:10
  SPEAKER_00: It's interesting how all of these leaders who are all part of
• 5:14
  SPEAKER_00: the World Economic Forum,
• 5:16
  SPEAKER_00: they were part of the Young Global Leaders Programme,
• 5:18
  SPEAKER_00: how they all say the same thing.
• 5:21
  SPEAKER_00: Even when they make posts on X, it's almost verbatim, the exact same thing.
• 5:28
  SPEAKER_00: And I find it very, very bizarre.
• 5:30
  SPEAKER_00: Of course,
• 5:31
  SPEAKER_00: you know my theory,
• 5:32
  SPEAKER_00: apart from what I just mentioned there, is it's all to do with money and weapons.
• 5:38
  SPEAKER_00: They are making an absolute fortune on the weapons manufacturing.
• 5:43
  SPEAKER_00: And they've already said, Canada's said as well, that this has helped to increase their GDP.
• 5:50
  SPEAKER_00: So they're going to be making millions,
• 5:53
  SPEAKER_00: not thousands, tens of thousands, hundreds of thousands.
• 5:57
  SPEAKER_00: They're going to be making millions of drones now.
• 6:01
  SPEAKER_00: And they said that a third of these drones are going to be given to Ukraine.
• 6:06
  SPEAKER_00: And Carney said that Zelensky will have access to pretty much
• 6:10
  SPEAKER_00: the entire defense industry of Canada.
• 6:13
  SPEAKER_00: I want to read out some of the things they're going to be focusing on there.
• 6:18
  SPEAKER_00: So they're going to partner on uncrewed systems predominantly.
• 6:22
  SPEAKER_00: They're saying that this is due to a lack of manpower, etc.
• 6:26
  SPEAKER_00: And also the effectiveness in what we've mentioned before,
• 6:32
  SPEAKER_00: actually getting gamers to control a lot of these drones.
• 6:37
  SPEAKER_00: So having kids that are professional gamers actually getting well paid
• 6:42
  SPEAKER_00: to operate drones on the front line.
• 6:46
  SPEAKER_00: It's...
• 6:47
  SPEAKER_00: It's bizarre actually when you even think about that.
• 6:50
  SPEAKER_00: So for all those parents
• 6:51
  SPEAKER_00: that told their kids they were wasting their lives playing computer games,
• 6:55
  SPEAKER_00: these kids are now earning massive salaries for taking out,
• 7:00
  SPEAKER_00: well, Russian soldiers basically on the front line.
• 7:04
  SPEAKER_00: So Canada then is given access to,
• 7:06
  SPEAKER_00: I'll read these out,
• 7:07
  SPEAKER_00: counter drone technologies,
• 7:10
  SPEAKER_00: priority munitions, And Canada's going to be providing financial support.
• 7:16
  SPEAKER_00: They said they're going to be buying missiles and weapons from the USA and
• 7:20
  SPEAKER_00: then giving those weapons to Ukraine.
• 7:23
  SPEAKER_00: Financial support package, $350 million.
• 7:27
  SPEAKER_00: Air defense interceptors,
• 7:30
  SPEAKER_00: $430 million in guaranteed loans for natural gas purchases
• 7:34
  SPEAKER_00: because they haven't got enough Natural gas,
• 7:37
  SPEAKER_00: low-cost anti-ballistic missile defenses.
• 7:41
  SPEAKER_00: And I looked up how much Canada has actually given so far to Ukraine.
• 7:46
  SPEAKER_00: And I was pretty shocked.
• 7:47
  SPEAKER_00: I didn't know it was this much money.
• 7:49
  SPEAKER_00: They've given $25.5 billion since the war began.
• 7:55
  SPEAKER_00: So this is a staggering, staggering sum of money considering...
• 8:00
  SPEAKER_00: That Mark Carney says there isn't a budget to do a lot of stuff within the country
• 8:05
  SPEAKER_00: and welfare and healthcare and all the other things.
• 8:08
  SPEAKER_00: So it's amazing to me having given $25 billion to a country on the other side of the world.
• 8:18
  SPEAKER_00: Oh look, I just made a new friend here.
• 8:22
  SPEAKER_00: Okay, now before we get into the biggest news of the day,
• 8:26
  SPEAKER_00: of the entire week actually,
• 8:28
  SPEAKER_00: which is the crushing defeat that's just happened in the Middle East,
• 8:32
  SPEAKER_00: Yemen predominantly.
• 8:34
  SPEAKER_00: I am surprised that this isn't all over the front pages because the fallout
• 8:39
  SPEAKER_00: of this is monumental and yet they're hardly talking about it.
• 8:45
  SPEAKER_00: But before we get into all of that,
• 8:46
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• 8:49
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• 8:50
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• 8:52
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• 8:56
  SPEAKER_00: Now the other thing I wanted to mention,
• 8:57
  SPEAKER_00: as promised a couple of weeks ago,
• 8:59
  SPEAKER_00: I am creating for you now that preparedness pack for you and your family.
• 9:13
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• 9:17
  SPEAKER_00: It's taking a long, long time.
• 9:19
  SPEAKER_00: It's going to be a very, very low cost product for you as well.
• 9:23
  SPEAKER_00: Really low cost just to cover the time that I'm putting into creating that for you.
• 9:27
  SPEAKER_00: So that will be out very, very shortly.
• 9:31
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• 9:33
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• 9:35
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• 9:39
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• 9:41
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• 9:43
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• 9:45
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• 9:50
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• 9:51
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• 9:55
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• 9:57
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• 10:02
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• 10:03
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• 10:05
  SPEAKER_00: This is all free, by the way.
• 10:06
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• 10:11
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• 10:16
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• 10:21
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• 10:24
  SPEAKER_00: So if you're curious what's in this guide, then it will help you to beat inflation.
• 10:29
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• 10:33
  SPEAKER_00: Understand the five pillars that protect and grow money in any economy.
• 10:38
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• 10:43
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• 10:45
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• 10:50
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• 10:55
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• 10:56
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• 10:58
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• 11:02
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• 11:02
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• 11:07
  SPEAKER_00: Okay, now for the biggest story then, and that is that the Houthis took mocha, or is it mocha?
• 11:15
  SPEAKER_00: I guess it depends how you like your hot chocolate with coffee,
• 11:19
  SPEAKER_00: but this is the biggest story of the week.
• 11:22
  SPEAKER_00: And yes, they did absolutely decimate the Saudi forces that were in place there.
• 11:27
  SPEAKER_00: If you've seen any of the videos going around which
• 11:51
  SPEAKER_00: Most people probably won't have done.
• 11:53
  SPEAKER_00: It was a crushing, crushing defeat that took place.
• 11:58
  SPEAKER_00: And when I made those forecasts for you before about $100 oil,
• 12:03
  SPEAKER_00: which people just couldn't get their head around,
• 12:06
  SPEAKER_00: I actually said I even think it could do $120 or, worst case scenario, $150 oil.
• 12:09
  SPEAKER_00: This, of course, was back in February, March time.
• 12:17
  SPEAKER_00: And, well, we're into September now.
• 12:20
  SPEAKER_00: And here we are today, the oil price hovering around $104, $105.
• 12:27
  SPEAKER_00: But overnight it did hit $109.
• 12:30
  SPEAKER_00: Now, I don't need to tell you how catastrophic an oil price like that is on the global economy.
• 12:39
  SPEAKER_00: This is going to feed into all sorts of problems.
• 12:43
  SPEAKER_00: And now with Saudi cut off From their exports, they can't export through the Red Sea.
• 12:49
  SPEAKER_00: They're left with one pipeline left.
• 12:52
  SPEAKER_00: So the entire world was reliant on Saudi exporting their oil,
• 12:58
  SPEAKER_00: a small amount of it,
• 13:00
  SPEAKER_00: The statement put out by the Houthis was that they're only creating an embargo
• 13:04
  SPEAKER_00: on Saudi.
• 13:21
  SPEAKER_00: On Saudi ships, container ships, Saudi oil.
• 13:25
  SPEAKER_00: So this,
• 13:26
  SPEAKER_00: they say,
• 13:26
  SPEAKER_00: is in retaliation and punishment for Saudi Arabia actually allying themselves
• 13:33
  SPEAKER_00: with Israel and the USA.
• 13:36
  SPEAKER_00: There's a lot more to this.
• 13:37
  SPEAKER_00: They actually took over two islands as well.
• 13:40
  SPEAKER_00: In fact, I think it's even more than two islands in the Red Sea in the strait.
• 13:46
  SPEAKER_00: So they now control those.
• 13:47
  SPEAKER_00: They moved on those islands by boat.
• 13:50
  SPEAKER_00: They are dug in there as So I'll just read out which ones it is.
• 13:53
  SPEAKER_00: It's Mayan Island and Zucca Island.
• 13:57
  SPEAKER_00: So just wait then until you see the prices,
• 14:00
  SPEAKER_00: the prices at the pump very shortly for your petrol, your diesel.
• 14:05
  SPEAKER_00: It's already up massively.
• 14:07
  SPEAKER_00: Really, it just...
• 14:09
  SPEAKER_00: You haven't seen anything yet.
• 14:11
  SPEAKER_00: If this keeps going like this, this is going to get even worse.
• 14:15
  SPEAKER_00: So what we've really got left with now is two major wars,
• 14:19
  SPEAKER_00: one in Eastern Europe with Russia,
• 14:21
  SPEAKER_00: Ukraine, and of course, NATO, their involvement, North Korea on the Russian side.
• 14:27
  SPEAKER_00: We have Iran, US,
• 14:29
  SPEAKER_00: Israel in the Middle East,
• 14:31
  SPEAKER_00: and this is where a lot of the energy actually comes from.
• 14:36
  SPEAKER_00: So we've got these choke points now, Cutting off a lot of the world's energy.
• 14:41
  SPEAKER_00: We've got the reserves,
• 14:42
  SPEAKER_00: the strategic petroleum reserves,
• 14:45
  SPEAKER_00: which I said was a big mistake to start drawing that down as
• 14:49
  SPEAKER_00: if nothing had happened.
• 14:51
  SPEAKER_00: We have those being drawn down.
• 14:53
  SPEAKER_00: We have a lot of countries where they just haven't got enough energy to get them through winter.
• 14:58
  SPEAKER_00: Germany's a big one.
• 14:59
  SPEAKER_00: We'll mention that at the end.
• 15:01
  SPEAKER_00: They don't have enough energy now.
• 15:03
  SPEAKER_00: To get them through the winter.
• 15:04
  SPEAKER_00: Now we've been talking about this event,
• 15:07
  SPEAKER_00: whether it's a real event or whether it's a false flag event involving Russia
• 15:12
  SPEAKER_00: and NATO, which could trigger Article 5.
• 15:15
  SPEAKER_00: Well, yet again today,
• 15:16
  SPEAKER_00: we've had two more incidents and it makes me wonder just how many
• 15:21
  SPEAKER_00: of these incidents can we actually take before there's going to be a response?
• 15:27
  SPEAKER_00: So first we had the German drone at the airport, which Russia denied.
• 15:31
  SPEAKER_00: They said,
• 15:32
  SPEAKER_00: actually,
• 15:32
  SPEAKER_00: This was nothing to do with us but now we've had NATO coming out and this is Britain
• 15:37
  SPEAKER_00: and Norway talking about Russia cutting or attempting to cut
• 15:42
  SPEAKER_00: the deep undersea cables.
• 15:44
  SPEAKER_00: Britain and Norway said that they spent a month tracking Russian submarines in
• 15:50
  SPEAKER_00: the area where they said they were tracking a GUGI Submarine,
• 15:56
  SPEAKER_00: which is basically Russia's special forces attempting to cut the undersea cables.
• 16:01
  SPEAKER_00: Now, for context,
• 16:02
  SPEAKER_00: if you don't know what these cables are,
• 16:05
  SPEAKER_00: what they do, they are crucial to everything.
• 16:09
  SPEAKER_00: In fact,
• 16:09
  SPEAKER_00: unless you're watching this video right now on Starlink,
• 16:13
  SPEAKER_00: the data is probably being transferred via these undersea cables for a lot of you.
• 16:18
  SPEAKER_00: They control everything.
• 16:20
  SPEAKER_00: Credit cards,
• 16:21
  SPEAKER_00: when you tap your card and pay for something,
• 16:23
  SPEAKER_00: when you buy something You can do some online shopping.
• 16:26
  SPEAKER_00: When you're shopping in the grocery store, this controls everything, sending this data.
• 16:32
  SPEAKER_00: So what I was wondering when I heard this story was,
• 16:34
  SPEAKER_00: well, if that's true, why didn't they cut these cables?
• 16:37
  SPEAKER_00: They were there, they were in position, they had their...
• 16:40
  SPEAKER_00: Cut us out and all sorts of things.
• 16:42
  SPEAKER_00: Why didn't they do it?
• 16:43
  SPEAKER_00: Well, someone actually asked in the press conference,
• 16:46
  SPEAKER_00: which I was glad because otherwise we wouldn't have got the answer.
• 16:50
  SPEAKER_00: And the response from Norway was that they saw that we were watching them,
• 16:56
  SPEAKER_00: so they stopped and they moved on.
• 17:01
  SPEAKER_00: Try not to laugh at that.
• 17:03
  SPEAKER_00: Yeah, I'm sure that's what happened.
• 17:04
  SPEAKER_00: Let's just give them the benefit of the doubt.
• 17:07
  SPEAKER_00: But they then said Britain and Norway went to Moscow to tell them
• 17:12
  SPEAKER_00: that they'd been caught red-handed and that they'd better stop.
• 17:15
  SPEAKER_00: And apparently that was that.
• 17:17
  SPEAKER_00: Russia stopped.
• 17:21
  SPEAKER_00: I just don't believe some of these stories that keep coming out.
• 17:24
  SPEAKER_00: They're just so far-fetched.
• 17:26
  SPEAKER_00: Yeah, they just stopped because these two small countries
• 17:31
  SPEAKER_00: without very strong militaries just went there and told Russia,
• 17:36
  SPEAKER_00: you better stop what you're doing.
• 17:37
  SPEAKER_00: And they said, okay.
• 17:38
  SPEAKER_00: But it's similar to the statement from Poland,
• 17:42
  SPEAKER_00: from the Prime Minister of Poland, Tusk, where he said, let's get through this gate.
• 17:46
  SPEAKER_00: No, that's not what he said.
• 17:47
  SPEAKER_00: He didn't say, let's get through this gate.
• 17:49
  SPEAKER_00: Now what he said was Russia attempted to breach the border with a serious security threat.
• 17:56
  SPEAKER_00: We don't know exactly what this threat was,
• 17:59
  SPEAKER_00: there was no details given of it,
• 18:01
  SPEAKER_00: but he said that the CIA had come to visit him To give him a secret file,
• 18:07
  SPEAKER_00: top secret file, to warn him about it and they thwarted the threat.
• 18:12
  SPEAKER_00: See the problem is you never know how many of these stories are true.
• 18:17
  SPEAKER_00: That's what I'm finding at the moment.
• 18:19
  SPEAKER_00: So what was the threat?
• 18:20
  SPEAKER_00: What would have happened if the threat actually materialized?
• 18:25
  SPEAKER_00: That's again a question that I've got.
• 18:27
  SPEAKER_00: How many of these threats does it take to trigger Article 5?
• 18:31
  SPEAKER_00: How many of them are true and how many of them are Maybe,
• 18:35
  SPEAKER_00: not saying him,
• 18:36
  SPEAKER_00: but maybe a world leader,
• 18:38
  SPEAKER_00: prime minister,
• 18:39
  SPEAKER_00: someone just makes some random stuff up because they want to look good.
• 18:43
  SPEAKER_00: In fact,
• 18:44
  SPEAKER_00: talking of wanting to look good was two stories this week,
• 18:49
  SPEAKER_00: and this is Kaya Callas of the EU, but also Ursula von der Leyen.
• 18:56
  SPEAKER_00: And these two are just on the rampage at the minute.
• 19:01
  SPEAKER_00: I just can't believe two people can cause so much trouble.
• 19:05
  SPEAKER_00: So Ursula did a big press conference.
• 19:08
  SPEAKER_00: I mean, this was ridiculous.
• 19:09
  SPEAKER_00: The amount of press involved.
• 19:11
  SPEAKER_00: She flew to Greenland for a...
• 19:14
  SPEAKER_00: It wasn't a secret meeting, but it was a sort of hush-hush meeting.
• 19:19
  SPEAKER_00: And it wasn't very hush-hush because the amount of film crews...
• 19:25
  SPEAKER_00: That covered this was ridiculous.
• 19:28
  SPEAKER_00: And all the, you know, she made all of her big statements.
• 19:30
  SPEAKER_00: We are now investing into Greenland.
• 19:33
  SPEAKER_00: We are supporting Denmark.
• 19:35
  SPEAKER_00: It's basically a threat against the US that they're putting all
• 19:38
  SPEAKER_00: of this military hardware, all of this investment now into Greenland.
• 19:43
  SPEAKER_00: And someone said to me, well, why are they doing that?
• 19:47
  SPEAKER_00: Why would they suddenly do that now when they haven't done it up until now?
• 19:50
  SPEAKER_00: Well, it's the same reason that they didn't have much interest in space until
• 19:55
  SPEAKER_00: the USA decided they were going to create their space force and get involved.
• 20:00
  SPEAKER_00: And now all of a sudden...
• 20:03
  SPEAKER_00: The EU has done the exact same thing.
• 20:04
  SPEAKER_00: In fact, let me give you the details of the story.
• 20:07
  SPEAKER_00: So Ursula said Greenland is choosing Europe and Europe is choosing Greenland.
• 20:13
  SPEAKER_00: So this is a 200 million euro package between Greenland and Denmark being funded
• 20:22
  SPEAKER_00: She said this reflects a clear choice expressed by Greenland to strengthen ties with
• 20:26
  SPEAKER_00: the European Union and to have a much stronger presence in the region.
• 20:32
  SPEAKER_00: But she made it very clear that they are now here to stay.
• 20:35
  SPEAKER_00: The European Union is now here to stay.
• 20:38
  SPEAKER_00: And it's always interesting to me when they had no interest at all in a location and
• 20:44
  SPEAKER_00: then all of a sudden they decide they Should probably invest there.
• 20:49
  SPEAKER_00: You're going to ask why is that?
• 20:51
  SPEAKER_00: Well, it's all about critical minerals.
• 20:53
  SPEAKER_00: So China has pretty much the entire supply chain of most of the critical minerals.
• 20:59
  SPEAKER_00: Hold on, let me give you a view of the tower behind that I'm looking at.
• 21:02
  SPEAKER_00: And in fact, Greenland holds 25 of the 34 critical minerals.
• 21:08
  SPEAKER_00: So that's why she's pledged 200 million now and it's 530 million by 2034.
• 21:17
  SPEAKER_00: This is the exact reason why she is doing that now.
• 21:21
  SPEAKER_00: She also said that a new EU Arctic defense is coming as well.
• 21:26
  SPEAKER_00: So that's going to be very interesting, which involves Canada.
• 21:29
  SPEAKER_00: Yeah,
• 21:30
  SPEAKER_00: a very strange thing to And then something very bizarre actually took place and
• 21:35
  SPEAKER_00: that is that on day three,
• 22:00
  SPEAKER_00: A lot of those leaders changed their mind and they pulled out of the defense pact
• 22:06
  SPEAKER_00: and the reasons that they stay are very weird
• 22:10
  SPEAKER_00: and I actually don't believe those reasons.
• 22:13
  SPEAKER_00: I think that what happened is similar to what happened to The head,
• 22:17
  SPEAKER_00: the Belgium leader,
• 22:19
  SPEAKER_00: in effect,
• 22:20
  SPEAKER_00: where he was so gung-ho on all the Russian assets,
• 22:23
  SPEAKER_00: confiscating them, taking them, in effect.
• 22:26
  SPEAKER_00: And then, all of a sudden, he did this massive U-turn in a press conference.
• 22:30
  SPEAKER_00: He was bright red,
• 22:31
  SPEAKER_00: he was sweating,
• 22:32
  SPEAKER_00: and he said,
• 22:33
  SPEAKER_00: we can't,
• 22:34
  SPEAKER_00: we've decided to change our mind,
• 22:36
  SPEAKER_00: it's not right, that would be theft, and all this other stuff.
• 22:39
  SPEAKER_00: Now, my theory is that someone got to him.
• 22:43
  SPEAKER_00: Someone got a message to him,
• 22:45
  SPEAKER_00: threatened him,
• 22:46
  SPEAKER_00: probably his family, something like that, and then he did this big U-turn.
• 22:50
  SPEAKER_00: So I think the same thing has happened,
• 22:52
  SPEAKER_00: it's just my theory, I can't prove that, with these EU heads.
• 22:57
  SPEAKER_00: Why else would they suddenly do this massive U-turn after praising the conference
• 23:04
  SPEAKER_00: and coming up with all these new strategies?
• 23:06
  SPEAKER_00: That they just did this massive U-turn.
• 23:07
  SPEAKER_00: It doesn't really make any sense.
• 23:09
  SPEAKER_00: The other thing that doesn't make sense is this new EU Space Force.
• 23:14
  SPEAKER_00: And the numbers are,
• 23:15
  SPEAKER_00: I've got them here,
• 23:15
  SPEAKER_00: 22.3 billion euros has been put aside As a budget for 2026 to the end of the year
• 23:24
  SPEAKER_00: through to 2028.
• 23:27
  SPEAKER_00: This is to combat the US dominance in space.
• 23:31
  SPEAKER_00: They have a lot of concerns regarding security and what the USA is doing in space.
• 23:38
  SPEAKER_00: This, of course, comes after Trump's post about saying the moon is ours.
• 23:45
  SPEAKER_00: If you've ever read any of the details on the moon,
• 23:50
  SPEAKER_00: I think you'll find it's already been claimed by someone else.
• 23:54
  SPEAKER_00: And you can drop me a comment below if you know who has claimed the moon.
• 23:59
  SPEAKER_00: Now, another really big important story
• 24:01
  SPEAKER_00: which just isn't getting much coverage is this diesel supply crunch that is looming.
• 24:06
  SPEAKER_00: And it is going to be pretty severe because we're short somewhere in the region
• 24:11
  SPEAKER_00: of two million barrels a day from Russia-Ukraine war.
• 24:15
  SPEAKER_00: And now we're going to be another 2 million barrels short from the Middle East.
• 24:19
  SPEAKER_00: And it's only getting worse.
• 24:21
  SPEAKER_00: It's not getting better.
• 24:22
  SPEAKER_00: There isn't more output.
• 24:24
  SPEAKER_00: There's only so much output you can produce.
• 24:26
  SPEAKER_00: So this is pretty worrying because, of course, diesel feeds into everything.
• 24:31
  SPEAKER_00: And you probably noticed in the USA, what's the average price of a gallon now?
• 24:36
  SPEAKER_00: Somewhere in the region of $5.90.
• 24:40
  SPEAKER_00: Which you just couldn't imagine.
• 24:43
  SPEAKER_00: The last time I was in the US it was $3 and something.
• 24:47
  SPEAKER_00: So for now for it to be $5.90 is just unbelievable.
• 24:54
  SPEAKER_00: And remember that when diesel goes up it feeds into Transport, trains and trucks and boats.
• 25:00
  SPEAKER_00: And we'll talk about boats in a moment.
• 25:03
  SPEAKER_00: But all of these different fuels are not being produced at the right levels at
• 25:07
  SPEAKER_00: the moment because when there's shortages of high grade fuels
• 25:11
  SPEAKER_00: and they're more profitable,
• 25:13
  SPEAKER_00: why would you make the low grade fuels that aren't very profitable?
• 25:17
  SPEAKER_00: So this is another thing being dealt with.
• 25:19
  SPEAKER_00: And all of that will feed into food,
• 25:21
  SPEAKER_00: by the way, into the cost of food and the fertilizers as well.
• 25:25
  SPEAKER_00: So we're going to see a lot Gosh,
• 25:28
  SPEAKER_00: this is just going to be a nightmare, especially as we get into winter.
• 25:32
  SPEAKER_00: And I think Germany realises now they've made a big mistake,
• 25:36
  SPEAKER_00: but Merz isn't willing to do anything about it.
• 25:39
  SPEAKER_00: But he has made an absolutely huge mistake by not refilling.
• 25:44
  SPEAKER_00: Now, you think back in July...
• 25:46
  SPEAKER_00: They were about half empty.
• 25:47
  SPEAKER_00: It's about 50% empty, their reserves on natural gas.
• 25:52
  SPEAKER_00: Now, who knows what it is?
• 25:53
  SPEAKER_00: It'll be lower than 50%.
• 25:56
  SPEAKER_00: And they can't refill because originally...
• 26:00
  SPEAKER_00: I think it was about 29 euros and that's per megawatt hour.
• 26:05
  SPEAKER_00: Now it's something like 69 euros per megawatt hour.
• 26:09
  SPEAKER_00: So it's more than double and they just can't refill it.
• 26:13
  SPEAKER_00: Why would they refill at these prices for the long term when they keep hoping
• 26:18
  SPEAKER_00: that gas is going to come down?
• 26:20
  SPEAKER_00: Yeah, you might see prices coming down.
• 26:23
  SPEAKER_00: And then they'll go up and then they'll go down.
• 26:25
  SPEAKER_00: You'll see them fluttering around.
• 26:27
  SPEAKER_00: But overall, I would plan for higher energy costs.
• 26:32
  SPEAKER_00: I plan for higher interest rates.
• 26:35
  SPEAKER_00: That's why I gave all of you that advice.
• 26:37
  SPEAKER_00: I shouldn't use the word advice.
• 26:38
  SPEAKER_00: Guidance.
• 26:39
  SPEAKER_00: Earlier in the year, I said fix your mortgages now.
• 26:43
  SPEAKER_00: Get them fixed before interest rates go up.
• 26:46
  SPEAKER_00: And a lot of people just didn't think that they needed to.
• 26:49
  SPEAKER_00: And now look at the situation we're in.
• 26:52
  SPEAKER_00: Interest rates on mortgages are way, way higher than they were before.
• 26:58
  SPEAKER_00: So I think now with everything that's going on,
• 27:00
  SPEAKER_00: you should really start looking at your finances.
• 27:02
  SPEAKER_00: I mean, really, really in detail, look at your finances.
• 27:07
  SPEAKER_00: If you are on my email list, you've probably been getting all those emails.
• 27:11
  SPEAKER_00: I've been teaching you a lot about budgeting and all the other things,
• 27:16
  SPEAKER_00: but now's a really good time to start looking at all these things.
• 27:19
  SPEAKER_00: Looking at your mortgage rates,
• 27:21
  SPEAKER_00: looking at the energy bills,
• 27:23
  SPEAKER_00: looking at the tariffs that you're on,
• 27:25
  SPEAKER_00: looking at subscriptions, looking at all of these things, looking at your income.
• 27:30
  SPEAKER_00: Have you got a good income?
• 27:30
  SPEAKER_00: Is your job secure?
• 27:33
  SPEAKER_00: Is it worth you looking at other avenues like I did?
• 27:36
  SPEAKER_00: I mean, I had this realization a long time ago that I couldn't just rely on one single income.
• 27:42
  SPEAKER_00: So I think the best thing you can do right now,
• 27:44
  SPEAKER_00: apart from downloading my free guide and subscribing and stuff like that,
• 27:47
  SPEAKER_00: obviously, is just start thinking about all of these things.
• 27:51
  SPEAKER_00: Just start thinking about what we talked about this week with the announcements from
• 27:56
  SPEAKER_00: the British military.
• 27:58
  SPEAKER_00: And I mean,
• 27:59
  SPEAKER_00: they were disturbing announcements of what they've got planned by 2030,
• 28:04
  SPEAKER_00: weren't they?
• 28:04
  SPEAKER_00: But just start thinking about all of these things I do think is important.
• 28:08
  SPEAKER_00: Even today,
• 28:09
  SPEAKER_00: my wife said to me,
• 28:11
  SPEAKER_00: she basically said,
• 28:12
  SPEAKER_00: do you think the media and the government are just scaremongering,
• 28:17
  SPEAKER_00: trying to fear,
• 28:18
  SPEAKER_00: like create all this fear around everyone with these announcements of war
• 28:22
  SPEAKER_00: and everything else?
• 28:23
  SPEAKER_00: And I said,
• 28:24
  SPEAKER_00: genuinely,
• 28:25
  SPEAKER_00: genuinely,
• 28:27
  SPEAKER_00: My thought process is,
• 28:29
  SPEAKER_00: why would they spend trillions across the EU and NATO on all of these weapons,
• 28:34
  SPEAKER_00: training soldiers, recalling the military, and all these other reservists, etc.
• 28:40
  SPEAKER_00: Why would they do it if they weren't going to use it?
• 28:44
  SPEAKER_00: And I genuinely think that that is the most likely outcome.
• 28:49
  SPEAKER_00: I mean, 2027 was always my forecast for when things would start to get bad.
• 28:54
  SPEAKER_00: And it's been pretty accurate.
• 28:55
  SPEAKER_00: But 2030 was the war forecast, right?
• 28:58
  SPEAKER_00: So 2030 onwards.
• 29:00
  SPEAKER_00: You never know how long these things can go on for.
• 29:02
  SPEAKER_00: I don't have a forecast for that.
• 29:04
  SPEAKER_00: But yeah, I do think it's pretty concerning.
• 29:08
  SPEAKER_00: I really do.
• 29:09
  SPEAKER_00: And I do think you should prepare for the worst case.
• 29:12
  SPEAKER_00: So with all that said, thanks for being a subscriber here.
• 29:14
  SPEAKER_00: Really appreciate you.
• 29:15
  SPEAKER_00: Take care.
• 29:16
  SPEAKER_00: God bless.
• 29:17
  SPEAKER_00: And I'll see you on the next one.