1 00:00:00,040 --> 00:00:02,960 Speaker 1: Hello, and welcome to another episode of The Markmas Show, 2 00:00:03,000 --> 00:00:05,080 Speaker 1: where of course each and every week we talk about 3 00:00:05,160 --> 00:00:07,400 Speaker 1: the decentralized revolution. We talk about the way the world 4 00:00:07,480 --> 00:00:11,000 Speaker 1: is changing rapidly right before our very eyes, not just rapidly, 5 00:00:11,039 --> 00:00:14,080 Speaker 1: and it I mean it is accelerating. It's it's about 6 00:00:14,080 --> 00:00:16,079 Speaker 1: to hit warp speed. And we talked about it um 7 00:00:16,079 --> 00:00:17,920 Speaker 1: through the lens of course each and every week of 8 00:00:17,960 --> 00:00:22,600 Speaker 1: looking at through three vectors, and that's politics, finance, and technology. 9 00:00:22,880 --> 00:00:25,400 Speaker 1: You have to understand it from that perspective to really 10 00:00:25,600 --> 00:00:28,280 Speaker 1: get all these changes that are happening. And like I said, 11 00:00:28,320 --> 00:00:30,880 Speaker 1: it is changing at a rapid pace in warp speed. 12 00:00:33,000 --> 00:00:34,839 Speaker 1: So it gives me a plenty of talk about. So 13 00:00:34,880 --> 00:00:36,519 Speaker 1: each and every week I can sit down with you 14 00:00:36,560 --> 00:00:39,640 Speaker 1: and bring you something new and exciting and so um. 15 00:00:39,680 --> 00:00:42,400 Speaker 1: You know, there's the quote from Vladimir Lenin and says 16 00:00:42,400 --> 00:00:44,240 Speaker 1: there's decades where nothing that seems to happen, and there's 17 00:00:44,280 --> 00:00:47,599 Speaker 1: days where decades seem to happen. And so that's kind 18 00:00:47,600 --> 00:00:49,199 Speaker 1: of where we're at, which is great for someone like 19 00:00:49,280 --> 00:00:51,440 Speaker 1: me who always needs stuff to talk about, but for 20 00:00:51,520 --> 00:00:55,320 Speaker 1: someone who's not really um tuned in and paying attention 21 00:00:55,360 --> 00:00:58,960 Speaker 1: to what's going on every single day. Maybe don't notice 22 00:00:59,200 --> 00:01:03,720 Speaker 1: what I call signposts. And so I've given this example before. 23 00:01:03,760 --> 00:01:06,800 Speaker 1: But if I gave you directions to my house, but 24 00:01:06,840 --> 00:01:08,880 Speaker 1: I didn't tell you, you know how far it was 25 00:01:08,959 --> 00:01:10,320 Speaker 1: or how long it would take, and I would say, 26 00:01:10,319 --> 00:01:12,600 Speaker 1: you know, drive down this freeway when you see this 27 00:01:12,600 --> 00:01:16,000 Speaker 1: this billboard, get off the freeway, and at this burger stand, 28 00:01:16,040 --> 00:01:18,800 Speaker 1: hang on left and drive down till this till the 29 00:01:18,800 --> 00:01:21,240 Speaker 1: fence ends and make a ride. And at the blue mailbox, 30 00:01:21,280 --> 00:01:23,440 Speaker 1: turn left, and kind of something like that. But I 31 00:01:23,440 --> 00:01:25,200 Speaker 1: didn't tell you how long it was going to take 32 00:01:25,240 --> 00:01:28,200 Speaker 1: you between each of those stages. Then you could be 33 00:01:28,280 --> 00:01:31,760 Speaker 1: driving for for minutes or hours or days, right, and 34 00:01:31,800 --> 00:01:33,840 Speaker 1: you wouldn't know how long it was gonna take you 35 00:01:33,880 --> 00:01:35,680 Speaker 1: to get to the final destination. But what you would 36 00:01:35,720 --> 00:01:40,160 Speaker 1: do is every time you saw another signpost, you knew 37 00:01:40,160 --> 00:01:43,039 Speaker 1: you'd be getting closer. Right. So, UM, there's ten or 38 00:01:43,040 --> 00:01:46,480 Speaker 1: there's twelve signposts, and UM, through six of them, I 39 00:01:46,520 --> 00:01:48,680 Speaker 1: know that, UM, I don't know. I don't know if 40 00:01:48,680 --> 00:01:50,200 Speaker 1: I'm halfway there because I don't know how far is 41 00:01:50,240 --> 00:01:52,720 Speaker 1: in between each one, but I know I'm getting closer. 42 00:01:53,560 --> 00:01:56,240 Speaker 1: And so each one of these stories is that it's 43 00:01:56,280 --> 00:02:01,200 Speaker 1: a signpost to show that this decentralized revolution is happening. Um, politics, finance, 44 00:02:01,240 --> 00:02:03,320 Speaker 1: and of course technology. And the reason why technology is 45 00:02:03,320 --> 00:02:06,800 Speaker 1: because technology is what changes the world. Through thousands of 46 00:02:06,880 --> 00:02:09,400 Speaker 1: years of history, it's always been technologies change in the world. Today, 47 00:02:09,400 --> 00:02:12,880 Speaker 1: of course we have the decentralized technology of bitcoin, and 48 00:02:12,880 --> 00:02:15,120 Speaker 1: that is the catalyst that's speeding it up. But of 49 00:02:15,120 --> 00:02:18,560 Speaker 1: course the political cycles, the financial cycles are coming to 50 00:02:18,600 --> 00:02:23,480 Speaker 1: an end. And so today something I've been completely fascinated by. 51 00:02:23,480 --> 00:02:25,400 Speaker 1: I've talked about it with you guys many times before, 52 00:02:26,000 --> 00:02:29,840 Speaker 1: but I just cannot take my eye off of this ball. Um. 53 00:02:29,919 --> 00:02:31,760 Speaker 1: I don't know, Maybe that's probably not the right analogy. 54 00:02:31,800 --> 00:02:35,760 Speaker 1: I can't like I'm driving by an auto accident or 55 00:02:35,760 --> 00:02:37,720 Speaker 1: a train wreck and I just can't help but slow 56 00:02:37,760 --> 00:02:40,120 Speaker 1: down and look at it. I guess that's what it is, right, Like, 57 00:02:40,360 --> 00:02:44,480 Speaker 1: this is happening, and it is like fascinating. Um, it's 58 00:02:44,520 --> 00:02:46,560 Speaker 1: fascinating to watch out and play and play out in 59 00:02:46,600 --> 00:02:50,680 Speaker 1: real time. It's interesting for me to think about where 60 00:02:50,760 --> 00:02:53,440 Speaker 1: this is going and how it's going to play out. 61 00:02:53,440 --> 00:02:55,640 Speaker 1: And I say that, and I liken it to a 62 00:02:55,680 --> 00:02:58,639 Speaker 1: train wrecker or a car wreck because you don't want 63 00:02:58,680 --> 00:03:02,400 Speaker 1: to look, but you do. You're interested, right, your curiosity 64 00:03:02,440 --> 00:03:04,960 Speaker 1: is there even though you know it's not a good 65 00:03:04,960 --> 00:03:07,959 Speaker 1: event for whoever is involved. Right, they got at a minimum, 66 00:03:08,000 --> 00:03:11,240 Speaker 1: they're bumpers wrecked, and that's not fun. And you know, 67 00:03:11,360 --> 00:03:14,160 Speaker 1: worst case scenario, someone it could be a fatality and 68 00:03:14,160 --> 00:03:16,360 Speaker 1: and that's not good. And so obviously you're not trying 69 00:03:16,400 --> 00:03:20,839 Speaker 1: to gloat in the pain of of somebody else. Um. 70 00:03:20,880 --> 00:03:23,080 Speaker 1: But you know, humans were curious and we want to know, 71 00:03:23,240 --> 00:03:28,519 Speaker 1: and and this does affect all of us. Um, let's 72 00:03:28,520 --> 00:03:31,440 Speaker 1: dig into the story. Okay, So enough of the analogies, 73 00:03:31,480 --> 00:03:33,280 Speaker 1: let's jump into it. So, the thing that I've been 74 00:03:33,320 --> 00:03:35,880 Speaker 1: the most fascinated with, and and it's the biggest signpost 75 00:03:35,920 --> 00:03:39,040 Speaker 1: of our time. Well, and there's so many big signposts 76 00:03:39,080 --> 00:03:42,600 Speaker 1: obviously political, finance and technology. The finance piece we've talked 77 00:03:42,640 --> 00:03:44,280 Speaker 1: a lot about. But today I want to talk about 78 00:03:44,320 --> 00:03:49,120 Speaker 1: something different. And today we're talking about a global energy crisis. 79 00:03:49,720 --> 00:03:51,920 Speaker 1: Now why a global energy crisis? What does this mean? 80 00:03:52,000 --> 00:03:54,200 Speaker 1: And what does this have to do with a decentralized revolution? 81 00:03:55,160 --> 00:03:57,920 Speaker 1: The reason why is because in my thesis, which I've 82 00:03:57,960 --> 00:03:59,880 Speaker 1: broken down many times, if you haven't listened to that, 83 00:04:00,080 --> 00:04:02,040 Speaker 1: you don't know what I'm talking about. Um, you can 84 00:04:02,040 --> 00:04:04,280 Speaker 1: go back on the podcast. Just search Market Moss podcast 85 00:04:04,320 --> 00:04:05,680 Speaker 1: and you can find where I've broken it down, or 86 00:04:05,680 --> 00:04:07,760 Speaker 1: go to my YouTube channel Mark Moss on YouTube and 87 00:04:07,800 --> 00:04:09,680 Speaker 1: you can see the playlist on the three cycles and 88 00:04:09,720 --> 00:04:11,160 Speaker 1: you can kind of figure out what I'm talking about. 89 00:04:11,200 --> 00:04:14,640 Speaker 1: But basically, on a two and fifty year time frame, 90 00:04:15,320 --> 00:04:19,760 Speaker 1: like a pendulum, the world swings to centralization and then 91 00:04:19,839 --> 00:04:23,000 Speaker 1: back to decentralization. And so the world has been centralizing, 92 00:04:23,360 --> 00:04:26,360 Speaker 1: and so now the powers that be control the whole world. 93 00:04:26,360 --> 00:04:28,599 Speaker 1: And we're talking about the World Economic Forum and the 94 00:04:28,600 --> 00:04:31,680 Speaker 1: World Health Organization like they locked the whole world down 95 00:04:31,680 --> 00:04:35,440 Speaker 1: at the same time, and the World UM Trade Organization, 96 00:04:35,560 --> 00:04:37,760 Speaker 1: the World Media Logical Association. Of course, we have the 97 00:04:37,920 --> 00:04:40,560 Speaker 1: U N we have the I M. F right, and 98 00:04:40,600 --> 00:04:43,159 Speaker 1: those are pulling the strings even above you know, the 99 00:04:43,240 --> 00:04:46,120 Speaker 1: United States or Europe or whatever country you want. And 100 00:04:46,160 --> 00:04:48,680 Speaker 1: so the world has become centralized, but not just politically, 101 00:04:48,720 --> 00:04:52,640 Speaker 1: that's a political centralization. It's also become financially centralized. So 102 00:04:52,680 --> 00:04:56,080 Speaker 1: now the dollars the reserve currency of the world, and 103 00:04:56,120 --> 00:04:58,400 Speaker 1: the whole world used the dollar, and nations around the 104 00:04:58,440 --> 00:05:01,640 Speaker 1: world save or reserve of their savings in the dollars, 105 00:05:01,680 --> 00:05:06,240 Speaker 1: so that politically we've become centralized. Financially we've become centralized, 106 00:05:06,240 --> 00:05:09,760 Speaker 1: and even technologically we've become centralized in a sense where 107 00:05:10,000 --> 00:05:13,039 Speaker 1: now Google controls all, you know, most of our data, 108 00:05:13,400 --> 00:05:16,200 Speaker 1: and Facebook and all these central actors. And so the 109 00:05:16,320 --> 00:05:20,640 Speaker 1: pendulum has swung to centralization. But now it's all breaking 110 00:05:20,760 --> 00:05:23,960 Speaker 1: apart and the pendulum is swinging back to decentralization. Well, 111 00:05:24,000 --> 00:05:26,520 Speaker 1: what does that It's the opposite. So instead of having 112 00:05:27,080 --> 00:05:31,520 Speaker 1: one political you know, body that governs the entire world, 113 00:05:32,080 --> 00:05:38,600 Speaker 1: we're gonna have many, stead having one centralized financial system 114 00:05:38,720 --> 00:05:43,120 Speaker 1: will have many instead of one or two technological tools 115 00:05:43,160 --> 00:05:45,840 Speaker 1: that rule us, all will have many. And so today 116 00:05:46,200 --> 00:05:48,080 Speaker 1: we're talking about this global energy crisis, But what does 117 00:05:48,080 --> 00:05:49,960 Speaker 1: that mean? Why does that have anything to do with 118 00:05:49,960 --> 00:05:54,159 Speaker 1: this mark? Because it's going to turn, it's going to 119 00:05:54,200 --> 00:05:58,920 Speaker 1: accelerate this decentralization into a what I'm calling every country 120 00:05:58,920 --> 00:06:06,240 Speaker 1: for itself, free for all, forget global forget globalization. It's 121 00:06:06,360 --> 00:06:10,080 Speaker 1: time to watch out for yourself, for your own person, 122 00:06:10,200 --> 00:06:13,800 Speaker 1: for your own population. Right, And this is what's accelerating it, 123 00:06:13,800 --> 00:06:17,279 Speaker 1: because you have no choice we've already seen this globalization 124 00:06:17,360 --> 00:06:20,760 Speaker 1: of supply chains, and what's really gotten popular over the 125 00:06:20,839 --> 00:06:24,039 Speaker 1: last fifty sixty years is what's called just in time 126 00:06:24,400 --> 00:06:28,720 Speaker 1: supply chains. And so manufacturing centers, computer manufacturers, and any 127 00:06:28,720 --> 00:06:31,919 Speaker 1: type of manufacturing they don't they don't stock or warehouse 128 00:06:31,960 --> 00:06:35,120 Speaker 1: a bunch of supplies. They just ordered as they need it, right, 129 00:06:35,160 --> 00:06:36,800 Speaker 1: so they get the microchips when they need it, or 130 00:06:36,839 --> 00:06:39,119 Speaker 1: whatever supplies they need on a regular basis, just in time, 131 00:06:39,720 --> 00:06:41,560 Speaker 1: just when I needed. Every week, I get a delivery 132 00:06:41,600 --> 00:06:43,080 Speaker 1: so I don't have to wear house it. But what 133 00:06:43,120 --> 00:06:45,360 Speaker 1: we've seen now is a shift from just in time 134 00:06:45,720 --> 00:06:50,080 Speaker 1: to now just in case, meaning I better stockpile a 135 00:06:50,160 --> 00:06:52,520 Speaker 1: whole lot more because I don't know when the next 136 00:06:52,560 --> 00:06:55,039 Speaker 1: time is I'm gonna be able to get more. And 137 00:06:55,080 --> 00:06:58,039 Speaker 1: so that's what I'm talking about. When the systems break down, 138 00:06:58,040 --> 00:07:02,400 Speaker 1: we have to change the way we think about it. 139 00:07:02,440 --> 00:07:05,800 Speaker 1: Just popped into my head, like this story of if 140 00:07:05,839 --> 00:07:07,719 Speaker 1: you're out in the woods and you and you see 141 00:07:07,720 --> 00:07:11,160 Speaker 1: a bear or a lion or whatever. Um, you don't 142 00:07:11,160 --> 00:07:13,360 Speaker 1: have to run faster than the bear or the lion. 143 00:07:14,120 --> 00:07:16,800 Speaker 1: You just have to run faster than your slowest friend, right, 144 00:07:16,840 --> 00:07:19,040 Speaker 1: And so in those times, it's like almost like man, 145 00:07:19,080 --> 00:07:21,240 Speaker 1: everyone kind of look out for themselves. And so that's 146 00:07:21,320 --> 00:07:23,400 Speaker 1: kind of what's happening. So this global energy crisis is 147 00:07:23,440 --> 00:07:26,280 Speaker 1: turning into in every country for itself, free for all, 148 00:07:26,480 --> 00:07:31,320 Speaker 1: which again from one political central structure to a decentralized 149 00:07:31,720 --> 00:07:36,000 Speaker 1: political structure. And so this is a massive, massive catalyst. 150 00:07:36,040 --> 00:07:39,520 Speaker 1: It's a massive signpost for what I'm talking about as 151 00:07:39,560 --> 00:07:43,320 Speaker 1: a decentralized revolution. So let's talk about this. So, uh, 152 00:07:43,360 --> 00:07:47,920 Speaker 1: what's happening. Well, I have been talking about this coming 153 00:07:48,000 --> 00:07:50,720 Speaker 1: global crisis for over two years now. If you go 154 00:07:50,720 --> 00:07:53,480 Speaker 1: on to my YouTube channel, actually this month two years 155 00:07:53,480 --> 00:07:56,080 Speaker 1: so almost exactly two years ago, I made a video 156 00:07:56,440 --> 00:07:59,400 Speaker 1: and it says warning, it's got over a million views, 157 00:08:00,040 --> 00:08:04,160 Speaker 1: learning what's happening in California is coming for the country 158 00:08:04,400 --> 00:08:07,000 Speaker 1: and it's coming for the world. At the time when 159 00:08:07,040 --> 00:08:09,400 Speaker 1: I made that video two years ago, California was having 160 00:08:09,480 --> 00:08:11,800 Speaker 1: rolling blackouts, which by the way, we're still having rolling 161 00:08:11,800 --> 00:08:14,600 Speaker 1: blackouts in California today. Um, but I said, look that 162 00:08:14,760 --> 00:08:18,640 Speaker 1: we're having rolling blackouts in California, meaning they're just shutting 163 00:08:18,680 --> 00:08:21,160 Speaker 1: people's electricity off. We have to shut it off, we're 164 00:08:21,200 --> 00:08:22,800 Speaker 1: forced to, or we're doing it because we want to 165 00:08:22,920 --> 00:08:25,360 Speaker 1: or whatever. But we're running out electricity in California, and 166 00:08:25,400 --> 00:08:26,840 Speaker 1: it's going to happen in the rest of the country, 167 00:08:26,840 --> 00:08:28,200 Speaker 1: and it's gonna happen in the rest of the world. 168 00:08:28,800 --> 00:08:30,840 Speaker 1: And I said that not because I have a crystal 169 00:08:30,840 --> 00:08:33,880 Speaker 1: ball and not because I'm prophetic. It's because they put 170 00:08:34,040 --> 00:08:39,360 Speaker 1: policies into place that purposely reduced the power supplies that 171 00:08:39,400 --> 00:08:41,360 Speaker 1: we had in California. And I knew they were going 172 00:08:41,440 --> 00:08:43,360 Speaker 1: to put those same policies in the place across the world, 173 00:08:43,360 --> 00:08:45,920 Speaker 1: and of course they did, They were, they did, they 174 00:08:46,040 --> 00:08:50,559 Speaker 1: have And so now today we're having a massive global 175 00:08:50,640 --> 00:08:53,400 Speaker 1: energy crisis that's going to break apart the entire world, 176 00:08:53,720 --> 00:08:55,240 Speaker 1: every country for it self, free for all. So let's 177 00:08:55,240 --> 00:08:56,960 Speaker 1: talk about this now today. I'm not gonna talk about 178 00:08:56,960 --> 00:08:59,520 Speaker 1: calf Actually I'm gonna talk about California, but I'm gonna 179 00:08:59,559 --> 00:09:02,440 Speaker 1: talk about Europe first, because this is a global phenomenon 180 00:09:03,920 --> 00:09:06,680 Speaker 1: um real quick. Of course, you're listening to the Mark 181 00:09:06,760 --> 00:09:09,559 Speaker 1: Moa show. We talked about the decentralized revolution. The catalyst, 182 00:09:09,600 --> 00:09:13,160 Speaker 1: of course is bitcoin and decentralized technologies, and we talk 183 00:09:13,200 --> 00:09:16,240 Speaker 1: about it through the lens of politics, finance, and technology. 184 00:09:16,480 --> 00:09:20,640 Speaker 1: We're talking about how the globe is breaking up, decentralizing 185 00:09:21,200 --> 00:09:24,360 Speaker 1: UM and as you understand these signposts, then you can 186 00:09:24,400 --> 00:09:27,240 Speaker 1: see how it's actually happening. It's kind of in slow motion, 187 00:09:27,280 --> 00:09:29,200 Speaker 1: but it's actually happening really fast, so you can be 188 00:09:29,240 --> 00:09:31,880 Speaker 1: more prepared and you know what to do next. You 189 00:09:31,960 --> 00:09:33,840 Speaker 1: listen to the Markma Show. I'm gonna cover all of 190 00:09:33,880 --> 00:09:36,160 Speaker 1: this and more. You don't want to miss this, so 191 00:09:36,160 --> 00:09:38,960 Speaker 1: I'll be back in a minute. Do not go away, 192 00:09:39,320 --> 00:09:41,680 Speaker 1: all right, welcome back. You are listening to the Markma Show. 193 00:09:41,679 --> 00:09:44,840 Speaker 1: We talk about the decentralized revolution each and every week, 194 00:09:44,880 --> 00:09:48,079 Speaker 1: the way the world is breaking apart from centralization to decentralization, 195 00:09:48,080 --> 00:09:50,840 Speaker 1: looking at through the lens of politics, finance, and technology. 196 00:09:51,160 --> 00:09:54,880 Speaker 1: Of course, the technology is bitcoin, the decentralized technology that's 197 00:09:54,920 --> 00:09:58,000 Speaker 1: helping to decentralize the world. The world was already doing 198 00:09:58,000 --> 00:10:00,640 Speaker 1: it UM and this just is a analysts that helps 199 00:10:00,640 --> 00:10:03,320 Speaker 1: speed it along. So we're talking about this energy crisis 200 00:10:03,320 --> 00:10:04,960 Speaker 1: and how the energy crisis is going to force all 201 00:10:05,000 --> 00:10:07,520 Speaker 1: these nations to go fend for themselves. Right now, we've 202 00:10:07,520 --> 00:10:12,120 Speaker 1: had global cooperation, globalization, and now it's going to be 203 00:10:12,200 --> 00:10:15,000 Speaker 1: every nation fending for itself. I'm gonna talk about the 204 00:10:15,080 --> 00:10:16,920 Speaker 1: United States, we'll talk about Canada, but before we do, 205 00:10:16,960 --> 00:10:19,600 Speaker 1: we're talking about Europe. And so again it's like this 206 00:10:19,679 --> 00:10:21,680 Speaker 1: train wreck and I just can't help but watch it. 207 00:10:21,679 --> 00:10:24,320 Speaker 1: It's super interesting. But you should be interested, even if 208 00:10:24,320 --> 00:10:27,120 Speaker 1: you don't live in Europe, because it's happening everywhere, and 209 00:10:27,160 --> 00:10:29,320 Speaker 1: even what happens in Europe is going to affect us 210 00:10:29,320 --> 00:10:32,120 Speaker 1: here because again we're a centralized world where globalization. So 211 00:10:32,840 --> 00:10:36,440 Speaker 1: we'll start with the United Kingdom the UK. Now, the UK, 212 00:10:36,920 --> 00:10:39,560 Speaker 1: it's a rich country, used to be used to be 213 00:10:39,679 --> 00:10:41,920 Speaker 1: the reserve currency of the world. Before the dollar was 214 00:10:41,960 --> 00:10:44,600 Speaker 1: the reserve currency of the world, the British pound sterling 215 00:10:44,679 --> 00:10:46,520 Speaker 1: was the reserve currency of the world. Of course, the 216 00:10:46,800 --> 00:10:49,720 Speaker 1: United Kingdom, the Queen, they colonize the world like they're 217 00:10:49,720 --> 00:10:53,160 Speaker 1: the greatest superpower, et cetera. But in the UK they 218 00:10:53,200 --> 00:10:55,559 Speaker 1: got a serious problem. It's a matter of a matter 219 00:10:55,559 --> 00:10:58,120 Speaker 1: of fact. They can't figure out how to keep the 220 00:10:58,200 --> 00:11:01,360 Speaker 1: lights on for their people. Now, before to get into this, UM, 221 00:11:01,640 --> 00:11:04,440 Speaker 1: I would ask you just to keep an open mind. Um, 222 00:11:04,600 --> 00:11:09,240 Speaker 1: the propaganda has been heavy and so UM, try to 223 00:11:09,800 --> 00:11:12,079 Speaker 1: park your biases for a minute, and let's think about 224 00:11:12,080 --> 00:11:15,120 Speaker 1: this just with an open mind. All right. Now, we 225 00:11:15,200 --> 00:11:18,960 Speaker 1: have known how to make electricity very good for well 226 00:11:18,960 --> 00:11:21,720 Speaker 1: over a hundred years. All right, it's very easy to 227 00:11:21,720 --> 00:11:25,760 Speaker 1: make electricity. I can have electricity at my house by 228 00:11:25,840 --> 00:11:28,240 Speaker 1: just pulling a string on a generator and I can 229 00:11:28,280 --> 00:11:30,960 Speaker 1: just have electricity. Okay, we know how to make electricity. 230 00:11:31,040 --> 00:11:34,120 Speaker 1: We've always known how to make electricity. The only reason 231 00:11:34,160 --> 00:11:37,240 Speaker 1: why we don't have electricity today or any type of 232 00:11:37,320 --> 00:11:41,680 Speaker 1: energy today is because of policy. Alright. So the United Kingdom, 233 00:11:42,120 --> 00:11:44,439 Speaker 1: one of the richest nations in the world, superpower of 234 00:11:44,480 --> 00:11:47,560 Speaker 1: the world, reserve currency of the world. Today they can't 235 00:11:47,600 --> 00:11:48,839 Speaker 1: keep the lights on. As a matter of fact, there's 236 00:11:48,880 --> 00:11:52,840 Speaker 1: a grassroots protest movement that's breaking out in response to 237 00:11:52,880 --> 00:11:57,719 Speaker 1: the ongoing energy crisis. The mission is of this organization 238 00:11:57,840 --> 00:12:01,400 Speaker 1: is called Don't Pay UK, Don't Pay UK, and their 239 00:12:01,400 --> 00:12:04,240 Speaker 1: goal is to gather at least a million signatures or 240 00:12:04,240 --> 00:12:06,400 Speaker 1: a million commitments on this petition, and then they want 241 00:12:06,400 --> 00:12:09,680 Speaker 1: to go drop it off to the government and say, hey, 242 00:12:09,720 --> 00:12:11,880 Speaker 1: look a million people in the UK are going to 243 00:12:11,960 --> 00:12:16,200 Speaker 1: stop paying our energy bills as of October. So look 244 00:12:16,440 --> 00:12:17,880 Speaker 1: we can't afford to pay now, let me let me 245 00:12:17,880 --> 00:12:21,280 Speaker 1: put this into perspective. Now, in California, we have the 246 00:12:21,360 --> 00:12:23,760 Speaker 1: highest energy prices in the whole United States. Not just 247 00:12:24,040 --> 00:12:28,959 Speaker 1: the highest, many times higher, okay, but in the UK 248 00:12:29,160 --> 00:12:34,200 Speaker 1: it's so bad that energy prices today are about the 249 00:12:34,240 --> 00:12:37,680 Speaker 1: same amount as your mortgage payment. That's how much they've 250 00:12:37,679 --> 00:12:39,520 Speaker 1: gone up. They weren't always like that, That's how much 251 00:12:39,520 --> 00:12:42,840 Speaker 1: they've gone up. So basically, energy prices gone up so 252 00:12:42,920 --> 00:12:45,199 Speaker 1: much it's basically you're taken on a second home, and 253 00:12:45,280 --> 00:12:47,280 Speaker 1: most people can't afford a second home. Let me, let me, 254 00:12:47,320 --> 00:12:50,040 Speaker 1: let me put this into a concrete number. All over Twitter, 255 00:12:50,440 --> 00:12:53,720 Speaker 1: it's I've been seeing with people boots on the ground experience. 256 00:12:53,880 --> 00:12:56,920 Speaker 1: It's been flooded with complaints by business owners and residents 257 00:12:56,920 --> 00:13:00,439 Speaker 1: that live in the UK, completely shocked by how much 258 00:13:00,480 --> 00:13:02,800 Speaker 1: the energy has gone up and how much it's affecting them. 259 00:13:02,800 --> 00:13:04,959 Speaker 1: So here's one tweet I'm going to read you right here. 260 00:13:05,720 --> 00:13:09,280 Speaker 1: My mom owns a small cafe in Nicester. Her electricity 261 00:13:09,280 --> 00:13:13,200 Speaker 1: bill has just jumped from ten thousand pounds, which is 262 00:13:13,200 --> 00:13:17,160 Speaker 1: about twelve thousand dollars a year, to sixty four thousand 263 00:13:17,200 --> 00:13:19,800 Speaker 1: dollars a year. She is working out her options, but 264 00:13:19,840 --> 00:13:22,679 Speaker 1: more than likely she will be forced to close. So 265 00:13:22,720 --> 00:13:26,560 Speaker 1: her power bill went from twelve thousand to sixty four 266 00:13:26,640 --> 00:13:30,440 Speaker 1: thousand dollars. Can you afford that? Can you afford an 267 00:13:30,480 --> 00:13:34,920 Speaker 1: extra fifty two thousand dollars a year just like that? 268 00:13:35,440 --> 00:13:38,560 Speaker 1: Of course not nobody can. Well, some people can't. Most 269 00:13:38,600 --> 00:13:43,200 Speaker 1: people can't, all right, most people can't. That's a serious problem. 270 00:13:43,240 --> 00:13:47,200 Speaker 1: So then let's see, let's chase this down. That's first order, thinking, Well, 271 00:13:47,200 --> 00:13:49,800 Speaker 1: what happens on the second order, Well, if I can't 272 00:13:49,800 --> 00:13:53,240 Speaker 1: afford my business electricity and I'm forced to shut down, 273 00:13:53,880 --> 00:13:56,120 Speaker 1: then I don't have any money. So then I have 274 00:13:56,200 --> 00:14:00,040 Speaker 1: no money to spend on supplies, um or my in 275 00:14:00,240 --> 00:14:02,800 Speaker 1: So now my landlord doesn't have rent coming in, so 276 00:14:02,840 --> 00:14:06,200 Speaker 1: then my landlord goes bust. But my landlord is made 277 00:14:06,240 --> 00:14:09,400 Speaker 1: up of like pension funds and retirement accounts. So now 278 00:14:09,400 --> 00:14:12,880 Speaker 1: all those people retiring, they lose all their money. And 279 00:14:12,920 --> 00:14:15,080 Speaker 1: then all those people lost money, so they know they 280 00:14:15,080 --> 00:14:17,040 Speaker 1: have no money to go buy other goods and services 281 00:14:17,040 --> 00:14:19,440 Speaker 1: in the economy, which means all those other businesses suffer. 282 00:14:19,760 --> 00:14:22,600 Speaker 1: And then that all falls and you see where this 283 00:14:22,680 --> 00:14:26,480 Speaker 1: is going pretty quickly. Now, Um, so the UK UK 284 00:14:26,840 --> 00:14:29,000 Speaker 1: don't pay UK is gonna get a million signatures, they're 285 00:14:29,000 --> 00:14:31,120 Speaker 1: gonna go present it and say we're not going to pay. 286 00:14:31,240 --> 00:14:33,200 Speaker 1: Screw you, we're not gonna pay. Well, I don't know 287 00:14:33,240 --> 00:14:34,560 Speaker 1: how it's gonna work out for them. They don't pay 288 00:14:34,600 --> 00:14:37,360 Speaker 1: the prig get there, Um, they're power bill shut off. 289 00:14:37,400 --> 00:14:38,840 Speaker 1: But here's where I need you to keep an open mind, 290 00:14:38,880 --> 00:14:42,200 Speaker 1: all right, because so much propaganda has been put into 291 00:14:42,240 --> 00:14:46,040 Speaker 1: this that people don't really understand where the situation or 292 00:14:46,080 --> 00:14:49,120 Speaker 1: what the cause of the situation is. And so UM 293 00:14:49,240 --> 00:14:52,920 Speaker 1: lewis Ford, the organizer, says that says that this is 294 00:14:52,920 --> 00:14:55,120 Speaker 1: about solidarity, We're trying to get people together, and that 295 00:14:55,360 --> 00:14:58,080 Speaker 1: people be enforced to choose between heating their home or 296 00:14:58,160 --> 00:15:00,640 Speaker 1: feeding the family should not be a choice have to make. 297 00:15:00,720 --> 00:15:05,360 Speaker 1: So either heat the home so we don't freeze to death, 298 00:15:05,560 --> 00:15:07,680 Speaker 1: or I buy food so we don't starve to death. 299 00:15:08,440 --> 00:15:12,000 Speaker 1: Those aren't good options to have. UM. In the UK, 300 00:15:12,200 --> 00:15:15,200 Speaker 1: it says here quote we're already taking up the idea 301 00:15:15,200 --> 00:15:19,080 Speaker 1: of setting up warm banks. Warm banks what does that mean? 302 00:15:19,120 --> 00:15:22,880 Speaker 1: So they're gonna set up these public areas, libraries, things 303 00:15:22,920 --> 00:15:26,360 Speaker 1: like that, public spaces and they're gonna warm them. So 304 00:15:26,480 --> 00:15:28,480 Speaker 1: all these people that are freezing to death because now 305 00:15:28,520 --> 00:15:30,160 Speaker 1: they can't afford to heat their home because it went 306 00:15:30,160 --> 00:15:32,200 Speaker 1: from twelve thousand and six to one thousand. They can 307 00:15:32,240 --> 00:15:35,600 Speaker 1: go get warm in these community centers, warm banks. It's 308 00:15:35,680 --> 00:15:39,520 Speaker 1: absolutely preposterous idea, says this thirty one year old I consultant. 309 00:15:39,880 --> 00:15:43,080 Speaker 1: We're one of the richest nations, so it's not like 310 00:15:43,080 --> 00:15:45,600 Speaker 1: there's no money. It's the fact that the money is 311 00:15:45,640 --> 00:15:48,440 Speaker 1: being kept in one space. Okay, A couple of things 312 00:15:48,440 --> 00:15:51,840 Speaker 1: wrong with that. First of all, if a country can't 313 00:15:51,880 --> 00:15:56,200 Speaker 1: afford to keep its citizens warm during the winter, then 314 00:15:56,240 --> 00:16:01,360 Speaker 1: that country is poor. It's not rich. Okay. Let me. 315 00:16:01,440 --> 00:16:03,640 Speaker 1: I I talked about this all the time. Look, we 316 00:16:03,840 --> 00:16:07,080 Speaker 1: don't want money, and you're listening, going shut up, Mark, 317 00:16:07,120 --> 00:16:08,720 Speaker 1: you don't know what I want. Of course I want money. 318 00:16:08,760 --> 00:16:10,920 Speaker 1: I want lots of money. No, you don't. You don't 319 00:16:10,920 --> 00:16:14,600 Speaker 1: want money. What you want is the things that money 320 00:16:14,600 --> 00:16:18,080 Speaker 1: buys you. Right, Money is just sit sitting there in 321 00:16:18,080 --> 00:16:20,360 Speaker 1: your bank account, ready for you to get what you 322 00:16:20,440 --> 00:16:24,280 Speaker 1: really want when you want it, like food and energy, 323 00:16:24,320 --> 00:16:26,640 Speaker 1: the two most important things. Now you know, it's cool, 324 00:16:26,680 --> 00:16:28,440 Speaker 1: Like I want to go have some entertain with my friends, 325 00:16:28,480 --> 00:16:30,240 Speaker 1: go watch a movie. Maybe I want to buy the 326 00:16:30,280 --> 00:16:32,560 Speaker 1: new this new jacket or handbag or piece of clothing 327 00:16:32,560 --> 00:16:34,880 Speaker 1: and whatever like those are those are once. But what 328 00:16:34,960 --> 00:16:38,120 Speaker 1: we need we have to have or we die, is 329 00:16:38,120 --> 00:16:41,920 Speaker 1: we need energy and we need food. So we don't 330 00:16:41,920 --> 00:16:45,600 Speaker 1: want money, We want the things money buys us. And 331 00:16:45,640 --> 00:16:48,400 Speaker 1: so he's the head of this organization is saying we're 332 00:16:48,400 --> 00:16:50,800 Speaker 1: one of the richest nations. No, you're not. If you 333 00:16:50,880 --> 00:16:53,880 Speaker 1: can't afford to keep your citizens warm during the winter, 334 00:16:54,240 --> 00:16:57,280 Speaker 1: you're poor, not rich. But even worse, This is the 335 00:16:57,360 --> 00:17:02,480 Speaker 1: this is the bad part. They completely missed what's causing 336 00:17:02,520 --> 00:17:06,959 Speaker 1: the problem. So, um, there's a picture on this page 337 00:17:07,480 --> 00:17:12,560 Speaker 1: where um where they're organizing these people, and these people 338 00:17:12,600 --> 00:17:14,920 Speaker 1: out there protesting, and there's a sign of a woman 339 00:17:15,040 --> 00:17:18,639 Speaker 1: dressed very warm scarves and big jackets and gloves on 340 00:17:18,680 --> 00:17:21,040 Speaker 1: and so forth because it's getting cold over there. And 341 00:17:21,119 --> 00:17:25,959 Speaker 1: it says cheaper, cleaner, greener, fair energy. Now, so they 342 00:17:25,960 --> 00:17:30,240 Speaker 1: want cheaper energy, but they want greener energy. But therein 343 00:17:30,359 --> 00:17:34,680 Speaker 1: lies the crux of the problem. You can't have it, 344 00:17:34,680 --> 00:17:37,240 Speaker 1: it's not possible. Now, I want a unicorn in my 345 00:17:37,280 --> 00:17:41,960 Speaker 1: backyard that produces gold for me, and my wife really 346 00:17:42,000 --> 00:17:45,040 Speaker 1: wants a tree that grows dollar bills on it as well. 347 00:17:45,160 --> 00:17:47,080 Speaker 1: I want that. Now I'm gonna hold up a sign 348 00:17:47,080 --> 00:17:49,639 Speaker 1: and protest and say I want that. The problem is 349 00:17:49,680 --> 00:17:53,520 Speaker 1: the reality that that doesn't work. And I'm gonna explain why. 350 00:17:53,520 --> 00:17:55,200 Speaker 1: Don't worry. We're gonna talk about we gonn talk about 351 00:17:55,200 --> 00:17:56,720 Speaker 1: what's gonna hapen in Europe, were gonna about it hapen 352 00:17:56,760 --> 00:17:58,879 Speaker 1: in Germany, and what's gonna happen in the United States. 353 00:18:00,160 --> 00:18:01,960 Speaker 1: And don't bury your head in the sand. I like 354 00:18:02,040 --> 00:18:04,760 Speaker 1: to say, you can bury it in the sand, but 355 00:18:04,840 --> 00:18:07,480 Speaker 1: it won't stop you from being eaten, or as I 356 00:18:07,720 --> 00:18:09,399 Speaker 1: Ran would say, you can choose to ignore reality, but 357 00:18:09,480 --> 00:18:12,640 Speaker 1: you can't ignore the consequences of reality. So we're gonna 358 00:18:12,680 --> 00:18:14,240 Speaker 1: dig into that more. You listen to the Marketma Show. 359 00:18:14,240 --> 00:18:16,760 Speaker 1: Of course, we talked about the decentralized revolution. I'm talking 360 00:18:16,760 --> 00:18:18,520 Speaker 1: about how every country is going to break apart and 361 00:18:18,640 --> 00:18:21,840 Speaker 1: fend for itself and this is one of the biggest 362 00:18:21,840 --> 00:18:23,680 Speaker 1: catast I'm gonna come back and explain all this to 363 00:18:23,720 --> 00:18:26,119 Speaker 1: you and more in a minute. Don't go away, all right, 364 00:18:26,160 --> 00:18:28,440 Speaker 1: welcome back. You're listening to the Marketma Show talking about 365 00:18:28,520 --> 00:18:33,360 Speaker 1: the decentralized revolution, whatever that means. I can't explain every time. 366 00:18:33,720 --> 00:18:37,400 Speaker 1: Hopefully you know the world is swinging from centralization politically, financially, 367 00:18:37,520 --> 00:18:40,680 Speaker 1: technology and move into decentralization. And we're today we're talking 368 00:18:40,720 --> 00:18:43,879 Speaker 1: about this global energy crisis that is the catalyst to 369 00:18:43,920 --> 00:18:47,640 Speaker 1: break this apart where every country will fend for itself 370 00:18:47,680 --> 00:18:49,320 Speaker 1: and a free for all. And so we're talking about 371 00:18:49,320 --> 00:18:51,240 Speaker 1: the UK, then we'll go into the into the EU, 372 00:18:51,600 --> 00:18:53,760 Speaker 1: and then we'll go into the United States. But there's 373 00:18:53,800 --> 00:18:58,480 Speaker 1: this protest happening. They want cheaper, cleaner energy, they can't 374 00:18:58,480 --> 00:19:01,760 Speaker 1: afford their energy bills. But the plot, the proposed solution 375 00:19:01,840 --> 00:19:04,720 Speaker 1: to this crisis, as this woman is holding up the sign, 376 00:19:05,680 --> 00:19:10,040 Speaker 1: is doubling down on the same crazy policies that cost 377 00:19:10,080 --> 00:19:13,760 Speaker 1: it in the first place. So if I do more 378 00:19:13,960 --> 00:19:16,080 Speaker 1: of the thing that got me into trouble, then I 379 00:19:16,200 --> 00:19:20,359 Speaker 1: should expect more of the problem. Right, Einstein says, the 380 00:19:20,400 --> 00:19:23,560 Speaker 1: definition of insanity is doing the same thing and expecting 381 00:19:23,640 --> 00:19:28,600 Speaker 1: a different outcome. But in order to get something different, 382 00:19:28,880 --> 00:19:32,359 Speaker 1: you must do something different. So what do I mean 383 00:19:32,480 --> 00:19:34,520 Speaker 1: the proposed solution is the crisis to double down? So 384 00:19:35,040 --> 00:19:38,679 Speaker 1: what's happened in California two years ago that caused us 385 00:19:38,680 --> 00:19:40,520 Speaker 1: to start having ruling blackouts, and I said it would 386 00:19:40,520 --> 00:19:42,359 Speaker 1: come to the rest of the world. Why have the 387 00:19:42,520 --> 00:19:45,440 Speaker 1: UK energy prices gone from twelve thousand a year to 388 00:19:45,680 --> 00:19:48,520 Speaker 1: sixty four thousand a year. Why is it that we 389 00:19:48,640 --> 00:19:51,560 Speaker 1: don't have the energy? Well, it's because of the policy change. 390 00:19:52,359 --> 00:19:55,359 Speaker 1: As this lady is holding a sign we want cheaper, cleaner, greener. 391 00:19:55,840 --> 00:19:59,439 Speaker 1: Well that's an oxymoron. You can't have cheaper and greener 392 00:19:59,600 --> 00:20:02,320 Speaker 1: at the time. It doesn't work. So we have different 393 00:20:02,320 --> 00:20:07,399 Speaker 1: types of energy and something called energy density and so um, 394 00:20:07,640 --> 00:20:10,840 Speaker 1: some energy produces more some energy types produce more energy 395 00:20:10,920 --> 00:20:13,560 Speaker 1: than others, and they have different costs associated with them. 396 00:20:13,640 --> 00:20:16,840 Speaker 1: And so as we've shut down our access to cheap 397 00:20:17,240 --> 00:20:20,480 Speaker 1: energy and we've moved to more expensive energy. So like 398 00:20:20,560 --> 00:20:25,320 Speaker 1: in California, for example, there's three nuclear reactors that produce 399 00:20:25,720 --> 00:20:28,280 Speaker 1: massive amounts of energy for very cheap. We also have 400 00:20:28,480 --> 00:20:31,600 Speaker 1: natural gas powered energy plants that produce lots of energy 401 00:20:31,720 --> 00:20:34,159 Speaker 1: for really cheap. But California didn't like that, so they 402 00:20:34,200 --> 00:20:36,920 Speaker 1: started shutting them all down. And the goal was to 403 00:20:37,520 --> 00:20:41,760 Speaker 1: shut down our traditional sources of energy and transition to 404 00:20:42,240 --> 00:20:45,240 Speaker 1: renewable energy, or as I like to call it, unreliable energy. 405 00:20:45,320 --> 00:20:47,760 Speaker 1: That means wind and solar. I call it unreliable because 406 00:20:47,840 --> 00:20:51,040 Speaker 1: guess what, it doesn't below all the time, and the 407 00:20:51,320 --> 00:20:54,399 Speaker 1: it's not sunny all the time. The problem is is 408 00:20:54,480 --> 00:20:59,679 Speaker 1: that is interim I call it unreliable. A better term, 409 00:20:59,720 --> 00:21:03,040 Speaker 1: it's not so I mean might be intermittent power. So 410 00:21:03,240 --> 00:21:05,760 Speaker 1: it's not you know, it's only sunny part of the day. Um, 411 00:21:05,800 --> 00:21:09,160 Speaker 1: it's only windy. Sometimes it's intermittent, and so we don't 412 00:21:09,200 --> 00:21:11,680 Speaker 1: generate enough power and we can't store it when it's there, 413 00:21:12,160 --> 00:21:15,560 Speaker 1: and so it gets crazy expensive. So we shut down 414 00:21:15,760 --> 00:21:19,160 Speaker 1: nuclear two of the three. We shut down the natural 415 00:21:19,200 --> 00:21:22,440 Speaker 1: gas plants, and we tried to transition. The problem is 416 00:21:22,840 --> 00:21:27,359 Speaker 1: the transition doesn't work, and it didn't the same in 417 00:21:27,400 --> 00:21:29,240 Speaker 1: the UK, so the UK as well, the UK shut 418 00:21:29,320 --> 00:21:32,040 Speaker 1: down their natural gas plants and they decided to go 419 00:21:32,119 --> 00:21:34,960 Speaker 1: to wind as well. Um, this last year happened to 420 00:21:35,000 --> 00:21:37,480 Speaker 1: be very low wind ear. Yeah, I guess that happens 421 00:21:37,520 --> 00:21:40,520 Speaker 1: a low wind ear um, just like California. They said, well, 422 00:21:40,640 --> 00:21:42,159 Speaker 1: what we'll do is we'll get the extra energy we 423 00:21:42,240 --> 00:21:45,280 Speaker 1: need from our neighboring states like Nevada and Arizona. But 424 00:21:45,400 --> 00:21:48,159 Speaker 1: guess what, when California needs a lot of energy, so 425 00:21:48,280 --> 00:21:50,320 Speaker 1: does Nevada, Arizona, they don't have any extra to cell 426 00:21:51,000 --> 00:21:57,000 Speaker 1: Now California, luckily, thank god, somehow is coming to their senses. 427 00:21:57,040 --> 00:21:58,720 Speaker 1: I like to say that reality is going to smack 428 00:21:58,760 --> 00:22:02,320 Speaker 1: everybody in the face. And Gavin Newsom just decided and 429 00:22:02,400 --> 00:22:05,200 Speaker 1: the vote came through to finally keep the third and 430 00:22:05,440 --> 00:22:07,840 Speaker 1: final nuclear reactor instead of shutting down, they're gonna keep 431 00:22:07,840 --> 00:22:11,320 Speaker 1: it open, like coming to their senses like a little bit. Um. 432 00:22:11,440 --> 00:22:13,200 Speaker 1: We're gonna talk about California more in a minute, but 433 00:22:13,320 --> 00:22:16,440 Speaker 1: sticking with the UK, they haven't and so they want 434 00:22:16,440 --> 00:22:19,439 Speaker 1: to continue to shut down natural gas and get the cheaper, 435 00:22:19,600 --> 00:22:22,000 Speaker 1: cleaner energy. But but you can't have both. You can't 436 00:22:22,000 --> 00:22:23,760 Speaker 1: have both. Now. Of course you see some of the 437 00:22:23,840 --> 00:22:26,399 Speaker 1: leaders in the United States saying that, hey, get used 438 00:22:26,440 --> 00:22:30,920 Speaker 1: to high energy prices. This is the cost of the transition. 439 00:22:31,000 --> 00:22:32,920 Speaker 1: That's what they tell you. This is this is important. 440 00:22:33,160 --> 00:22:35,199 Speaker 1: This is just what it is. Do your shut up, 441 00:22:35,560 --> 00:22:38,159 Speaker 1: do your part. And it's kind of this let them 442 00:22:38,280 --> 00:22:41,719 Speaker 1: eat cake, um. Moment of the letama cake is when 443 00:22:41,760 --> 00:22:43,760 Speaker 1: the people were starving, and it was it was in 444 00:22:43,840 --> 00:22:47,600 Speaker 1: the French Revolution. Um what's her name? What whoever? The 445 00:22:47,640 --> 00:22:49,159 Speaker 1: queen was, and the people came to say, hey, let 446 00:22:49,240 --> 00:22:51,760 Speaker 1: the people they're they're they're they're freaking out. They're starving 447 00:22:51,800 --> 00:22:53,680 Speaker 1: to death. They have no they have no bread. And 448 00:22:53,760 --> 00:22:55,639 Speaker 1: she said, ha ha, they have no bread, and let 449 00:22:55,720 --> 00:22:58,280 Speaker 1: them eat cake. And I just showed how out of 450 00:22:58,400 --> 00:23:00,960 Speaker 1: touch they were. And it's like our secretary in United States, 451 00:23:01,000 --> 00:23:04,840 Speaker 1: the Secretary uh Energy Secretary Grant them says, well, if 452 00:23:04,920 --> 00:23:08,040 Speaker 1: gas is too expensive, just go buy an electric vehicle, like, 453 00:23:08,320 --> 00:23:10,320 Speaker 1: shut up. If you can't afford gas, just go spend 454 00:23:10,359 --> 00:23:13,639 Speaker 1: eighty thousand an electric vehicle. Like That's how out of 455 00:23:13,880 --> 00:23:16,720 Speaker 1: touch they are. So that's what's happening over in Europe. 456 00:23:17,000 --> 00:23:19,680 Speaker 1: But it's only getting worse. So of course this is 457 00:23:19,760 --> 00:23:24,399 Speaker 1: exaggerated by the Russia Ukraine situation that's going on. So 458 00:23:25,520 --> 00:23:27,720 Speaker 1: all throughout Europe they decided to shut off all their 459 00:23:27,960 --> 00:23:31,360 Speaker 1: energy sources. So um, natural gas came from the Netherlands, 460 00:23:31,440 --> 00:23:34,000 Speaker 1: but let's not get natural gas from there anymore. And 461 00:23:34,720 --> 00:23:38,280 Speaker 1: Germany shut down all they're not all, but um, I 462 00:23:38,359 --> 00:23:40,800 Speaker 1: think almost all their nuclear actors. They've been shutting them 463 00:23:40,840 --> 00:23:44,120 Speaker 1: down over the last several years. And again, we're gonna 464 00:23:44,160 --> 00:23:46,800 Speaker 1: shut off our cheap, abundant energy and we're gonna go 465 00:23:46,960 --> 00:23:51,760 Speaker 1: to um. Two things one unreliable energy, intermittent and intermittent power, 466 00:23:52,240 --> 00:23:55,720 Speaker 1: which has pushed German prices of energy up over a 467 00:23:55,960 --> 00:24:01,119 Speaker 1: thousand per cent, and it's made them dependent on Russia. 468 00:24:01,760 --> 00:24:04,960 Speaker 1: They need to get the energy, the gas from Russia. Well, 469 00:24:05,200 --> 00:24:08,480 Speaker 1: of course the whole world. UH is trying to say, 470 00:24:08,600 --> 00:24:11,480 Speaker 1: not the whole world. The United States and NATO is 471 00:24:11,520 --> 00:24:15,760 Speaker 1: trying to sanction Russia. Russia because they've invaded Ukraine, then 472 00:24:15,880 --> 00:24:18,119 Speaker 1: no one can do any business with them anymore. Right, 473 00:24:19,400 --> 00:24:24,359 Speaker 1: probably is turns out we need the energy. If Germany 474 00:24:24,400 --> 00:24:26,840 Speaker 1: doesn't get the energy, what are they gonna do? The 475 00:24:27,000 --> 00:24:32,040 Speaker 1: Western leaders, so the NATO leaders, they've behaved, they've made 476 00:24:32,160 --> 00:24:35,720 Speaker 1: policies as though they have leverage over Putin. Right, we 477 00:24:35,920 --> 00:24:38,359 Speaker 1: have the we have the leverage over you. Who cares 478 00:24:38,440 --> 00:24:40,280 Speaker 1: if we don't have enough energy? Who cares? If the 479 00:24:40,359 --> 00:24:43,840 Speaker 1: prices have already skyrocketed? Who cares if nord Stream two 480 00:24:43,960 --> 00:24:47,040 Speaker 1: was canceled? And who cares if the EU doesn't have 481 00:24:47,119 --> 00:24:51,000 Speaker 1: depleted energy? Sort energy options. We're not gonna buy your goods. 482 00:24:52,240 --> 00:24:56,119 Speaker 1: The goods we need to stay alive. The West NATO 483 00:24:56,560 --> 00:24:59,119 Speaker 1: now they want to sanction Putin and they want to 484 00:24:59,160 --> 00:25:03,280 Speaker 1: sanction putin energy from global markets, and it was probably 485 00:25:03,320 --> 00:25:06,280 Speaker 1: the stupidest thing they could have done. It's it's as 486 00:25:06,359 --> 00:25:09,320 Speaker 1: bad as sawing off your own hand in the middle 487 00:25:09,359 --> 00:25:12,280 Speaker 1: of a boxing match. Now, I'm not saying Putin is 488 00:25:12,280 --> 00:25:14,160 Speaker 1: a good guy, and I'm not saying he doesn't need sanctions, 489 00:25:15,160 --> 00:25:17,000 Speaker 1: but keep an open mind. I'm gonna break this down 490 00:25:17,080 --> 00:25:18,520 Speaker 1: for you. I'll tell you what we could have done. 491 00:25:18,520 --> 00:25:20,479 Speaker 1: It could have been a much better option here. Um, 492 00:25:20,560 --> 00:25:23,359 Speaker 1: what we've seen because of this now is that in 493 00:25:23,480 --> 00:25:29,080 Speaker 1: the last week, the market for European electricity broke. It broke, 494 00:25:29,200 --> 00:25:33,560 Speaker 1: the market broke, you can't even get it. And so 495 00:25:33,640 --> 00:25:37,560 Speaker 1: then ask the question, well, who's sanctioning who here? Russia 496 00:25:37,640 --> 00:25:40,200 Speaker 1: is doing better than they've ever done in history because 497 00:25:40,280 --> 00:25:44,400 Speaker 1: their number one product they sell is energy, and these 498 00:25:44,520 --> 00:25:49,000 Speaker 1: sanctions have pushed it up a thousand percent. So the 499 00:25:49,200 --> 00:25:52,800 Speaker 1: main export that Russia has went up by a thousand 500 00:25:52,880 --> 00:25:55,920 Speaker 1: percent and they're selling out of it at record paces 501 00:25:56,720 --> 00:26:01,480 Speaker 1: in the Meanwhile, in the in the UK, in the EU, 502 00:26:03,359 --> 00:26:05,200 Speaker 1: the people can't afford energy and are going to freeze 503 00:26:05,240 --> 00:26:09,960 Speaker 1: to death. Who's sanctioning who here? Think about that? In 504 00:26:10,080 --> 00:26:16,680 Speaker 1: Germany the prices skyrocketed from forty five dollars euros forty 505 00:26:16,720 --> 00:26:21,760 Speaker 1: five euros per milliwatt hour to a thousand euros per 506 00:26:21,840 --> 00:26:24,560 Speaker 1: milliwatt hour from forty Imagine your electricity bill going from 507 00:26:24,600 --> 00:26:26,639 Speaker 1: forty five bucks a lot to a thousand dollars a 508 00:26:26,720 --> 00:26:31,520 Speaker 1: what who can afford that? The answer is nobody. So 509 00:26:32,080 --> 00:26:35,359 Speaker 1: how will how will Europe navigate the upcoming winter? Are 510 00:26:35,400 --> 00:26:38,520 Speaker 1: they going to freeze to death? Or will logic, sanity 511 00:26:38,600 --> 00:26:42,080 Speaker 1: and genuine leadership take hold? That's the big question asked. 512 00:26:42,119 --> 00:26:44,439 Speaker 1: Now again, I'm not saying Putin's a good guy. I'm 513 00:26:44,480 --> 00:26:46,600 Speaker 1: not saying he doesn't need to be sanctioned. But what 514 00:26:46,880 --> 00:26:51,120 Speaker 1: if what if we did this instead? Now? This would 515 00:26:51,280 --> 00:26:54,920 Speaker 1: this would actually hurt Putin and would actually help me 516 00:26:55,080 --> 00:26:58,040 Speaker 1: and you in California or you in UK or Germany 517 00:26:58,160 --> 00:27:01,399 Speaker 1: or wherever you're at. It's not that art. When you 518 00:27:01,480 --> 00:27:07,000 Speaker 1: deal with prices. There's two levers, super simple. I'm want 519 00:27:07,040 --> 00:27:10,359 Speaker 1: to tell you exactly what that is. Maybe, just maybe 520 00:27:10,440 --> 00:27:12,840 Speaker 1: we might get a political leader. As a matter of fact, um, 521 00:27:12,920 --> 00:27:15,320 Speaker 1: I do have a few political leaders now following me 522 00:27:15,440 --> 00:27:17,840 Speaker 1: on Twitter. I see Thomas Massey is now following me 523 00:27:17,920 --> 00:27:22,680 Speaker 1: on Twitter. Um, I thought Benny Johnson just reposted my 524 00:27:22,680 --> 00:27:24,760 Speaker 1: stuff last night. Maybe maybe maybe someone will hear this, 525 00:27:24,760 --> 00:27:26,119 Speaker 1: so I'm gonna yell it out to the people in 526 00:27:26,160 --> 00:27:28,400 Speaker 1: the back. By the way. You're listening to the markmas Show. 527 00:27:28,920 --> 00:27:31,639 Speaker 1: We're talking about the decentralized Revolution, talking about how the 528 00:27:31,760 --> 00:27:37,080 Speaker 1: whole world is shifting from a centralized world, centralized politics, finance, 529 00:27:37,119 --> 00:27:40,080 Speaker 1: and technology to a decentralized world. And we're talking about 530 00:27:40,080 --> 00:27:42,560 Speaker 1: the signpost. We're talking about how this breakdown in the 531 00:27:42,600 --> 00:27:45,840 Speaker 1: global energy crisis is going to lead and further push 532 00:27:46,080 --> 00:27:49,120 Speaker 1: to this decentralization. I'm gonna break down what a better 533 00:27:49,160 --> 00:27:52,160 Speaker 1: option would have been in sanctioning Russia, and maybe somebody 534 00:27:52,200 --> 00:27:53,440 Speaker 1: will hear it. We'll be back with that more in 535 00:27:53,480 --> 00:27:56,720 Speaker 1: a minute. Don't go away, I'll be right back. All right, 536 00:27:56,760 --> 00:27:58,400 Speaker 1: Welcome back. You are listening to the Mark Moa Show. 537 00:27:58,440 --> 00:28:00,480 Speaker 1: We're talking about the decentralized revel luction, the way the 538 00:28:00,520 --> 00:28:04,400 Speaker 1: world is changing right before our very eyes. Of course, politically, 539 00:28:04,520 --> 00:28:08,400 Speaker 1: financially and with the technology of bitcoin, the decentralized technology 540 00:28:08,400 --> 00:28:10,879 Speaker 1: that's the catalyst for all this, but really it's happening 541 00:28:10,960 --> 00:28:14,920 Speaker 1: on every front, politically, financially, and technology, and so we're 542 00:28:14,920 --> 00:28:17,159 Speaker 1: talking about this energy crisis and what I'm framing up 543 00:28:17,160 --> 00:28:20,040 Speaker 1: as the every country for every country for itself. It's 544 00:28:20,040 --> 00:28:23,520 Speaker 1: a free for all. Everyone needs to cover their own hides, 545 00:28:23,760 --> 00:28:26,320 Speaker 1: take care of their own people, and we can't help everybody. 546 00:28:26,440 --> 00:28:29,280 Speaker 1: And we'll talk about that, but real quick, I was 547 00:28:29,280 --> 00:28:32,600 Speaker 1: talking about how these sanctions were backfiring and UM NATO 548 00:28:32,680 --> 00:28:34,920 Speaker 1: wants to sanction Putin because he's a bad guy, but 549 00:28:35,040 --> 00:28:38,080 Speaker 1: really it's backfired. And now all around the world, well 550 00:28:38,160 --> 00:28:40,480 Speaker 1: not the around the world, but the UK, the EU, 551 00:28:41,120 --> 00:28:42,920 Speaker 1: UM and in the United States. We're not in the 552 00:28:43,000 --> 00:28:45,440 Speaker 1: United States as much, but throughout Europe people could freeze 553 00:28:45,480 --> 00:28:48,160 Speaker 1: the death this winter, their bills went from forty five 554 00:28:48,200 --> 00:28:51,720 Speaker 1: to a thousand dollars per megawatt hour. UH stores in 555 00:28:51,840 --> 00:28:54,160 Speaker 1: UK reporting their bills going from twelve thousand a year 556 00:28:54,200 --> 00:28:57,120 Speaker 1: to sixty four thousand a year. People can't afford that. 557 00:28:57,760 --> 00:29:02,600 Speaker 1: So a better option, instead of making Putin fabulously rich 558 00:29:03,480 --> 00:29:06,800 Speaker 1: and screwing us are are ourselves over might have been. 559 00:29:06,920 --> 00:29:09,560 Speaker 1: What we could have done is increased the supply. Remember 560 00:29:09,600 --> 00:29:12,959 Speaker 1: when prices are affected by two things, supply and demand. 561 00:29:13,360 --> 00:29:18,520 Speaker 1: So if UM we really wanted to UM screw Russia 562 00:29:18,600 --> 00:29:21,400 Speaker 1: and we want to sanction Russia instead of making energy 563 00:29:21,440 --> 00:29:24,680 Speaker 1: prices go sky high, so they make more money than 564 00:29:24,720 --> 00:29:27,000 Speaker 1: they've ever made. What we could have done is we 565 00:29:27,000 --> 00:29:31,040 Speaker 1: could have flooded the market with supply instead of Biden 566 00:29:31,160 --> 00:29:34,440 Speaker 1: shutting down all the natural gas and all the oil 567 00:29:34,600 --> 00:29:37,280 Speaker 1: permits in the United States. We could have produced more 568 00:29:37,800 --> 00:29:42,600 Speaker 1: and we could have sold it the UK Netherlands they 569 00:29:42,640 --> 00:29:45,240 Speaker 1: could have turned it back on. We could have produced 570 00:29:45,280 --> 00:29:48,040 Speaker 1: more supply. If we would have done more supply, we 571 00:29:48,040 --> 00:29:52,480 Speaker 1: would have seen the price of oil come down. Then 572 00:29:52,720 --> 00:29:55,720 Speaker 1: Putin would have a hard time selling all his energy 573 00:29:56,000 --> 00:29:58,680 Speaker 1: to make enough money because it would be hardly get 574 00:29:58,760 --> 00:30:02,320 Speaker 1: anything on the market, and we in the developed world 575 00:30:02,400 --> 00:30:06,720 Speaker 1: under the NATO areas would have abundant cheap energy instead 576 00:30:06,720 --> 00:30:09,080 Speaker 1: of my energy prices or this in the shopkeeper in 577 00:30:09,080 --> 00:30:11,320 Speaker 1: the UK going from twelve thousand having to shut down 578 00:30:11,600 --> 00:30:13,800 Speaker 1: their energy would go from twelve thousand to six thousand. 579 00:30:14,320 --> 00:30:17,240 Speaker 1: Now they could expand their business. Now they could pay 580 00:30:17,320 --> 00:30:20,480 Speaker 1: their workers more money. Now they could hire more people. 581 00:30:23,040 --> 00:30:26,520 Speaker 1: We could all have a better life. And Putin would 582 00:30:26,520 --> 00:30:28,600 Speaker 1: be affected because he wouldn't be able to make enough 583 00:30:28,680 --> 00:30:31,200 Speaker 1: money because the prices of his only goods he has 584 00:30:31,280 --> 00:30:33,280 Speaker 1: to sell, which is energy, would have dropped so far, 585 00:30:33,920 --> 00:30:36,760 Speaker 1: but instead we've shot ourselves in the foot. We've saw 586 00:30:36,800 --> 00:30:39,040 Speaker 1: it off our own arm in a boxing match, and 587 00:30:39,120 --> 00:30:44,840 Speaker 1: we've made them richer than ever before. Hopefully somebody listens 588 00:30:44,880 --> 00:30:48,640 Speaker 1: to that. Anyway, Let's keep going. So what's going to happen. Well, 589 00:30:49,040 --> 00:30:51,760 Speaker 1: there's only a couple of ways out of this, and unfortunately, 590 00:30:51,880 --> 00:30:58,120 Speaker 1: the most likely option is economic collapse, starvation and freezing 591 00:30:58,400 --> 00:31:01,720 Speaker 1: in the European Union. And I get it, Like, that's bad, Mark, 592 00:31:01,760 --> 00:31:03,800 Speaker 1: that's doom and gloom. Man, I don't like that. You're 593 00:31:03,840 --> 00:31:08,480 Speaker 1: making me scared, You're making me feel bad. Uh, I 594 00:31:08,600 --> 00:31:12,880 Speaker 1: get it. It's bad, though, it's bad. The leaders are 595 00:31:13,040 --> 00:31:16,760 Speaker 1: driving a bus and they're headed straight forward, Cliff, and 596 00:31:16,840 --> 00:31:19,320 Speaker 1: instead of hitting the brake or even letting off the 597 00:31:19,400 --> 00:31:22,040 Speaker 1: gas or hitting the brake or turning the wheel, they're 598 00:31:22,080 --> 00:31:27,320 Speaker 1: only pressing the gas even harder. All right, And the 599 00:31:27,360 --> 00:31:30,120 Speaker 1: propaganda on both sides has been very thick, which is 600 00:31:30,200 --> 00:31:32,720 Speaker 1: why you have people holding up signs saying I want cheap, 601 00:31:32,800 --> 00:31:37,240 Speaker 1: clean energy. You can't have both. It's the whole problem 602 00:31:37,280 --> 00:31:39,520 Speaker 1: that got us into the situation in the first place. 603 00:31:40,280 --> 00:31:42,400 Speaker 1: So Europe is gonna face it, right, We're going into winter, 604 00:31:42,640 --> 00:31:46,280 Speaker 1: and the winner is going to have less energy on 605 00:31:46,400 --> 00:31:48,560 Speaker 1: hand than it needs. They can't get their reserves filled 606 00:31:48,640 --> 00:31:53,160 Speaker 1: up and they don't have it just is what it is. Now, 607 00:31:53,680 --> 00:31:57,280 Speaker 1: how might the what we call illogical leaders turn this 608 00:31:57,400 --> 00:32:00,680 Speaker 1: crisis into a full blown catastrophe? Well, I can think 609 00:32:00,720 --> 00:32:04,320 Speaker 1: of three strategies to make it even worse, and I'm 610 00:32:04,360 --> 00:32:09,479 Speaker 1: gonna break them down. They can uh, they could increase 611 00:32:09,560 --> 00:32:13,120 Speaker 1: the demand, they can attack the supply, or they can 612 00:32:13,200 --> 00:32:16,640 Speaker 1: engage in protectionism. So let's talk about each of those. Okay, 613 00:32:16,720 --> 00:32:19,240 Speaker 1: So that one remember supply and demand. So instead of 614 00:32:19,280 --> 00:32:23,959 Speaker 1: adding supply like they should have, they could increase the demand. Well, 615 00:32:24,040 --> 00:32:26,400 Speaker 1: so now we have reduced supply and increase demand. That's bad. 616 00:32:26,720 --> 00:32:28,520 Speaker 1: So in supply shortage is the best way to bring 617 00:32:28,560 --> 00:32:31,720 Speaker 1: a mismatch in supply and demand is back into balance. 618 00:32:32,200 --> 00:32:40,040 Speaker 1: So they could try to bring more supply. They probably won't, Okay. Um. 619 00:32:40,280 --> 00:32:45,080 Speaker 1: And so the next thing is, um, we could attack 620 00:32:45,720 --> 00:32:48,200 Speaker 1: the supply. So not only do we increase the demand, 621 00:32:48,280 --> 00:32:50,880 Speaker 1: we attack the supply at the same time. How will 622 00:32:50,920 --> 00:32:53,840 Speaker 1: they do that? Well, because people are so mad and 623 00:32:53,920 --> 00:32:57,200 Speaker 1: they demand that their political leaders do something, the political 624 00:32:57,280 --> 00:32:58,880 Speaker 1: leaders are gonna do something. What are they gonna do 625 00:32:59,600 --> 00:33:03,800 Speaker 1: there proposing something called price caps. Right, they have to 626 00:33:03,880 --> 00:33:06,440 Speaker 1: make things right, they gotta do something, so they're gonna 627 00:33:06,480 --> 00:33:10,920 Speaker 1: do price caps. What does that mean? The nation European 628 00:33:11,000 --> 00:33:13,640 Speaker 1: Union is looking to tackle soaring energy prices and it 629 00:33:13,720 --> 00:33:18,480 Speaker 1: is discussing price caps for markets. Having exacerbated the problems 630 00:33:18,520 --> 00:33:21,360 Speaker 1: from the demand side, now leaders can be counted on 631 00:33:21,440 --> 00:33:25,640 Speaker 1: to crimp the production as well. Leaders in the UK 632 00:33:25,720 --> 00:33:30,600 Speaker 1: are eyeing this so called windfall profits. So what happens 633 00:33:30,800 --> 00:33:33,480 Speaker 1: um energy is a very expensive thing. You lose a 634 00:33:33,520 --> 00:33:35,440 Speaker 1: lot of money. I think six out of the last 635 00:33:35,480 --> 00:33:37,520 Speaker 1: ten years these companies have lost money. Then they have 636 00:33:37,640 --> 00:33:40,480 Speaker 1: one year that's good and they made big profits. And 637 00:33:40,600 --> 00:33:42,880 Speaker 1: those big profits they made this year offset all the 638 00:33:43,000 --> 00:33:45,520 Speaker 1: losses that they've had in the years past, and they 639 00:33:45,600 --> 00:33:48,280 Speaker 1: have enough profit left over that it pays back their 640 00:33:48,320 --> 00:33:50,960 Speaker 1: investors in their shareholders, they get more investors in the future, 641 00:33:51,520 --> 00:33:53,200 Speaker 1: and they have a little bit of money left over 642 00:33:53,280 --> 00:33:57,560 Speaker 1: to work on technology, research, development, exploring and stuff like that. 643 00:33:57,880 --> 00:34:00,680 Speaker 1: But the UK wants to tax all of that away, 644 00:34:01,280 --> 00:34:06,000 Speaker 1: take it all away. Nothing motivates businesses and investors and 645 00:34:06,080 --> 00:34:09,840 Speaker 1: production as much as the threat of seizing profits directly 646 00:34:10,320 --> 00:34:13,279 Speaker 1: from the risk takers need to defund it nothing. So, um, 647 00:34:13,400 --> 00:34:15,680 Speaker 1: what happens if they tax all that money away, Well, 648 00:34:15,800 --> 00:34:18,000 Speaker 1: no one wants to invest into oil. Then they have 649 00:34:18,120 --> 00:34:20,319 Speaker 1: no money to go put in new projects, and then 650 00:34:20,360 --> 00:34:22,600 Speaker 1: the supply gets cramped. So we already have a problem 651 00:34:22,640 --> 00:34:24,200 Speaker 1: with supply in demand, and now let's just take more 652 00:34:24,239 --> 00:34:27,000 Speaker 1: supply off the market. That doesn't sound good. Now we 653 00:34:27,160 --> 00:34:28,839 Speaker 1: see this now, I said, this is going to cause 654 00:34:28,920 --> 00:34:32,320 Speaker 1: the fracturing of European unity. So in Norway they're already 655 00:34:32,360 --> 00:34:35,880 Speaker 1: signaling it. They're saying they're forced to curb electricity exports 656 00:34:35,960 --> 00:34:38,960 Speaker 1: to Europe because they're having low water levels and that's 657 00:34:39,000 --> 00:34:41,520 Speaker 1: cramping their hydro electric power stations. So now every country 658 00:34:41,520 --> 00:34:43,920 Speaker 1: for themselves. Norway is like, hey, we don't have enough 659 00:34:43,920 --> 00:34:47,000 Speaker 1: electricity to give you anymore. Sorry, we're we got to 660 00:34:47,000 --> 00:34:49,520 Speaker 1: take care of it ourselves, every country for itself, free 661 00:34:49,560 --> 00:34:54,520 Speaker 1: for all. We saw Germany now is going to is 662 00:34:54,600 --> 00:34:57,000 Speaker 1: trying to move to firewood. They're trying to get firewood 663 00:34:57,000 --> 00:34:58,480 Speaker 1: to the people so that people don't freeze it death. 664 00:34:58,480 --> 00:35:00,960 Speaker 1: They can burn firewood. So instead of you know, clean 665 00:35:01,200 --> 00:35:04,719 Speaker 1: natural gas, let's burn firewood and put all the smoke 666 00:35:04,760 --> 00:35:07,360 Speaker 1: in the air. That's better, right, But then the nations 667 00:35:07,360 --> 00:35:10,799 Speaker 1: like Bulgaria that are banning firewood exports, right, we can't 668 00:35:10,840 --> 00:35:13,680 Speaker 1: give you our firewood. We have to keep it for ourselves. 669 00:35:14,600 --> 00:35:17,799 Speaker 1: This is the free for all that's happening, and it's 670 00:35:17,800 --> 00:35:21,000 Speaker 1: only getting worse. US allies prepared to outline a plan 671 00:35:21,160 --> 00:35:24,640 Speaker 1: to limit price of Russian oil. So now we have 672 00:35:24,719 --> 00:35:27,920 Speaker 1: the G seven coming together to outline a plan to 673 00:35:28,520 --> 00:35:33,319 Speaker 1: um try to put price controls on Russian oil. How's 674 00:35:33,360 --> 00:35:36,319 Speaker 1: that going to work? How can they do that? Well? 675 00:35:36,360 --> 00:35:39,560 Speaker 1: They can't. As a matter of fact, most of the 676 00:35:39,680 --> 00:35:43,320 Speaker 1: oil that Russia is producing is going to China and India, 677 00:35:44,000 --> 00:35:47,400 Speaker 1: so uh, China, they don't care about the stinctions, they 678 00:35:47,440 --> 00:35:51,200 Speaker 1: ain't gonna listen. And all of these things only continue 679 00:35:51,280 --> 00:35:55,440 Speaker 1: to exaggerate the situation that's there. So I get it. 680 00:35:55,680 --> 00:35:58,759 Speaker 1: It's scary, it's hard, it's bad, and it is but 681 00:35:58,880 --> 00:36:01,320 Speaker 1: I want you to understand this because if we continue 682 00:36:01,360 --> 00:36:03,439 Speaker 1: do the same things, we're gonna get the same outcome. Again, 683 00:36:03,520 --> 00:36:08,360 Speaker 1: back to Einstein, Einstein's theory of or definition of insanity. 684 00:36:10,840 --> 00:36:14,359 Speaker 1: If you want your energy prices to go down, then 685 00:36:14,400 --> 00:36:20,239 Speaker 1: we need more energy, not less. I saw today Amazon 686 00:36:20,680 --> 00:36:23,920 Speaker 1: is announcing search charge like a five cents or charge 687 00:36:23,960 --> 00:36:26,800 Speaker 1: on every package now because gas prices now they've already 688 00:36:26,800 --> 00:36:29,520 Speaker 1: been multiple search charges. So if you have to understand, 689 00:36:29,640 --> 00:36:33,040 Speaker 1: energy is at the bottom of everything, your food to 690 00:36:33,160 --> 00:36:35,840 Speaker 1: the store, your Amazon package. UM, I mean just to 691 00:36:35,920 --> 00:36:37,839 Speaker 1: build the product that you're gonna get from Amazon, maybe 692 00:36:37,960 --> 00:36:39,719 Speaker 1: came from a hundred different vendors, and all those things 693 00:36:39,760 --> 00:36:43,080 Speaker 1: have to be shipped energy, the food, all that the 694 00:36:43,160 --> 00:36:46,080 Speaker 1: manufacturing um hub who were coming building it, they have 695 00:36:46,120 --> 00:36:49,000 Speaker 1: to pay for electricity. Uh. And so anyway, Amazon announced 696 00:36:49,000 --> 00:36:51,759 Speaker 1: like a five cents tariff on energy and they ship 697 00:36:51,920 --> 00:36:55,960 Speaker 1: billions of packages a year, so we're looking at almost 698 00:36:56,040 --> 00:36:59,680 Speaker 1: two billion dollar increase just on their practage. Now of 699 00:36:59,719 --> 00:37:02,160 Speaker 1: course you're going to pay for that. So hopefully your 700 00:37:02,200 --> 00:37:05,560 Speaker 1: approaches with an open mind. We need cheaper energy. These 701 00:37:05,600 --> 00:37:08,800 Speaker 1: policies aren't working. The more they continue to push this 702 00:37:09,000 --> 00:37:12,760 Speaker 1: narrative on you, the worst it's going to get. Hopefully 703 00:37:13,280 --> 00:37:14,680 Speaker 1: some of these things that are happening in the UK 704 00:37:14,800 --> 00:37:17,400 Speaker 1: with getting all these signatures will start to understand the 705 00:37:17,560 --> 00:37:22,200 Speaker 1: real nature of the problem. But either way, in my opinion, 706 00:37:22,280 --> 00:37:25,520 Speaker 1: the world's breaking apart right decentralized and decentralized revolution. You 707 00:37:25,600 --> 00:37:28,200 Speaker 1: Listen to the markma Show talking about the decentralized revolution, 708 00:37:28,800 --> 00:37:31,960 Speaker 1: talking about these signposts each end, every week, and that's 709 00:37:32,000 --> 00:37:33,920 Speaker 1: what I got for you today. Thanks for listening.