WEBVTT - It's All About Energy 0:00:00.040 --> 0:00:02.320 Hello, and welcome back to another episode of the Mark 0:00:02.440 --> 0:00:06.400 Mos Show where we talk about the decentralized Revolution. We 0:00:06.440 --> 0:00:08.400 talk about it each and every week, and we look 0:00:08.480 --> 0:00:10.800 at it as it's happening right before our very eyes. 0:00:10.840 --> 0:00:13.040 It's hard to see sometimes because we're living through it. 0:00:13.240 --> 0:00:15.400 So we look at it through the lens of politics, finance, 0:00:15.520 --> 0:00:17.799 and technology, and I try to bring to you some 0:00:18.000 --> 0:00:20.920 education so you can start to see and understand these 0:00:20.960 --> 0:00:23.639 things differently. Try to bring some of the latest breaking 0:00:23.640 --> 0:00:25.239 news so you can see the play by play, and 0:00:25.280 --> 0:00:27.680 of course some guests, and right now I want to 0:00:27.720 --> 0:00:30.600 break down some of the biggest headlines of the week 0:00:30.840 --> 0:00:34.199 so you can see how this is playing out now. 0:00:34.240 --> 0:00:36.320 Of course, I talked about the way the world has 0:00:36.760 --> 0:00:40.280 moved to centralization, the rise of the World Ecomic Forum, 0:00:40.320 --> 0:00:41.879 and the rise of the u N and the I 0:00:42.120 --> 0:00:45.360 m F and the ECB and and on and on. 0:00:45.640 --> 0:00:48.879 But the world is rejecting that and now the pendulum 0:00:48.960 --> 0:00:50.400 is swinging back the other way. It's hard to see 0:00:50.440 --> 0:00:52.640 it unless you zoom in and you look at some 0:00:52.680 --> 0:00:54.960 of these details. And that's exactly what we want to 0:00:55.000 --> 0:00:58.240 talk about today, um and it's one of the most 0:00:58.400 --> 0:01:01.360 fascinating things that I've been paying attention to. It's sort 0:01:01.400 --> 0:01:04.520 of like, um, if you're driving a car and you 0:01:04.600 --> 0:01:07.160 see like a car accident or like a train accident, 0:01:07.680 --> 0:01:13.399 and and you know it's bad, and you probably shouldn't look. Um. Obviously, 0:01:13.440 --> 0:01:16.480 you're not happy, you're not trying to rejoice that somebody 0:01:16.520 --> 0:01:19.720 could be injured. But at the same time, it's it's 0:01:19.720 --> 0:01:21.640 fascinating and you're curious and you want to watch it. 0:01:21.680 --> 0:01:24.520 And that's basically what I see happening in the world today. 0:01:25.760 --> 0:01:30.320 It's uh, it's bad, it's uh, it's painful. Unfortunately, lots 0:01:30.319 --> 0:01:32.920 of people are gonna suffer, but it's so interesting to 0:01:32.920 --> 0:01:35.000 see it happening play by play. And so I want 0:01:35.000 --> 0:01:38.720 to talk about one of the biggest catalysts in the 0:01:38.800 --> 0:01:42.760 world right now, and it's happening in the state of California, 0:01:42.800 --> 0:01:46.280 it's happening in the United States, and it's happening all 0:01:46.319 --> 0:01:51.760 over the world. And what I'm talking about specifically is energy. Now. 0:01:51.880 --> 0:01:55.200 Two years ago, almost to the day, I put out 0:01:55.200 --> 0:01:59.600 a video on YouTube. It's got over a million views, which, 0:01:59.640 --> 0:02:01.840 by the way, if you're not watching my YouTube, you 0:02:01.880 --> 0:02:05.920 should just search Mark Moss on YouTube. Um. But I 0:02:05.920 --> 0:02:08.919 put out a video, and I said, hey, uh warning, 0:02:09.120 --> 0:02:11.440 what's happening in California will come for the rest of 0:02:11.440 --> 0:02:13.840 the country and will come for the world. And what 0:02:13.880 --> 0:02:17.359 I was talking about two years ago was that California 0:02:17.360 --> 0:02:20.680 couldn't keep the lights on. And we've known how to 0:02:20.680 --> 0:02:23.880 make electricity for a long time. I can like pull 0:02:23.880 --> 0:02:26.200 a string on a generator and produce electricity at my 0:02:26.240 --> 0:02:28.840 house if I want. Unfortunately, that's what people in California 0:02:28.880 --> 0:02:31.000 have to do right now. Um, we've not had to 0:02:31.040 --> 0:02:33.600 make electricity for a long time. The only reason why 0:02:33.639 --> 0:02:38.160 we don't have enough electricity today is policy. That's it. 0:02:38.360 --> 0:02:40.560 That's why I knew two years ago what was happening 0:02:40.560 --> 0:02:42.400 in California come for the rest of the country and 0:02:42.440 --> 0:02:44.600 the rest of the world. And here we are going 0:02:44.600 --> 0:02:49.400 through a massive energy crisis. And again not because we 0:02:49.520 --> 0:02:54.160 just forgot how to make electricity, because of policy. Your 0:02:54.320 --> 0:03:00.920 leaders don't want you to have energy, point blank. That's it, 0:03:01.280 --> 0:03:05.080 period zero. Now. They've of course said as much. Um 0:03:05.160 --> 0:03:08.760 in the nineties, sixties and seventies, Paul Rlick lad this movement. 0:03:08.800 --> 0:03:11.880 He said that giving more energy to the people would 0:03:11.919 --> 0:03:15.760 be the same as giving machine guns to toddlers. Okay, 0:03:16.080 --> 0:03:18.240 he's the one that started this attack on energy. They 0:03:18.280 --> 0:03:20.760 don't want you to have an energy why because the 0:03:20.880 --> 0:03:26.080 more energy that mankind has, the more mankind flourishes. And 0:03:26.120 --> 0:03:27.680 I know this is going to take a little twist 0:03:27.720 --> 0:03:30.840 and you're gonna think I'm crazy, But the more energy 0:03:30.960 --> 0:03:34.560 we have, the more mankind flourishes. Now, you would argue, 0:03:34.639 --> 0:03:36.560 or the or the people that want to shut your 0:03:36.640 --> 0:03:39.520 energy down would argue that if we don't shut the 0:03:39.640 --> 0:03:42.600 energy down, we're going to have a climate change, which 0:03:42.680 --> 0:03:45.520 it used to be global cooling and then it became 0:03:45.560 --> 0:03:47.480 global warming, and now they can't see him to get 0:03:47.480 --> 0:03:49.640 it right, so it's just climate change. And they'll have 0:03:49.760 --> 0:03:53.800 you believe that if we don't shut down all our 0:03:53.920 --> 0:03:57.960 energy today that we're going to win to have apocalyptic future. 0:03:58.280 --> 0:04:00.600 The temperature of the world could raise between one to 0:04:00.640 --> 0:04:06.280 four degrees and it could be apocalyptic in a hundred years. Well, 0:04:06.320 --> 0:04:08.680 first of all, if any model that says it has 0:04:08.680 --> 0:04:11.400 a variance of one to four degrees a four hundred 0:04:11.400 --> 0:04:14.760 percent difference, that's a horrible model. First of all. Second 0:04:14.800 --> 0:04:19.880 of all, four degrees, I mean, come on, uh. In 0:04:19.920 --> 0:04:22.479 the Roman Empire, the world with six degrees hotter. I 0:04:22.480 --> 0:04:25.680 think we can handle that third of all that's in 0:04:25.680 --> 0:04:28.080 a hundred years. It's apocalyp of future. But I would 0:04:28.160 --> 0:04:32.000 argue that we have an apocalyptic future today right now today, 0:04:32.120 --> 0:04:34.719 maybe not you listening to this on your computer, your phone, 0:04:34.760 --> 0:04:38.400 in your car, but about three billion people in the 0:04:38.440 --> 0:04:43.600 world today don't have enough energy and they're dying every 0:04:43.640 --> 0:04:46.200 day because of it. Women are pregnant, they can't go 0:04:46.240 --> 0:04:48.680 to the doctor. The doctor doesn't even have an ultrasound machine. 0:04:48.839 --> 0:04:51.360 Premature babies are being born. There's not even a hospital 0:04:51.440 --> 0:04:55.040 or incubator to put them in. They're dying every single 0:04:55.040 --> 0:04:57.960 to day. For three billion people alive right now today, 0:04:58.040 --> 0:05:01.000 they're in that apocalyptic future. Anyway, let's not talk about that, 0:05:01.279 --> 0:05:04.160 but let's talk about what's happening. So there's an attack 0:05:04.200 --> 0:05:06.520 on energy. California can't get the lights on. We're gonna 0:05:06.520 --> 0:05:09.279 come back to California. Europe. Let's start in Europe. So 0:05:09.400 --> 0:05:12.520 this is what's fascinating. There's this massive energy crisis, and 0:05:12.560 --> 0:05:19.280 this is going to accelerate the decentralized revolution because it's 0:05:19.279 --> 0:05:21.520 going to push everybody into a fend for yourself type 0:05:21.520 --> 0:05:27.160 of situation. So Vladimir Plutin President. Russian President Putin gave 0:05:27.200 --> 0:05:31.719 a speech this week at the Eastern Economic Forum in 0:05:32.400 --> 0:05:37.240 loudest Visdoc probably didn't say that right, and um, you know, 0:05:37.400 --> 0:05:40.640 he talked about, um, a lot of things. I'm not 0:05:40.680 --> 0:05:42.720 going to talk about his whole speech here, but one 0:05:42.720 --> 0:05:46.039 of the things he said is that he said that 0:05:46.120 --> 0:05:48.920 the blowback from the European Union and the US led 0:05:48.960 --> 0:05:52.880 sanctions and attempts at decoupling the EU and the U 0:05:52.960 --> 0:05:56.360 s decoupling removing themselves from the Russian energy, oil and 0:05:56.440 --> 0:06:00.640 natural gas is wrecking lives in the West, wrecking lives 0:06:00.680 --> 0:06:03.599 the United States, wrecking lives in Europe. Now the price 0:06:03.600 --> 0:06:08.680 of gasoline has doubled, is wrecking lives, and President Biden 0:06:08.720 --> 0:06:12.080 says that's the price you have to pay Americans have 0:06:12.160 --> 0:06:15.719 to pay in order to stick it to Russia. Well, 0:06:15.760 --> 0:06:18.920 but Russia isn't getting anything sticking to them. Their main 0:06:19.000 --> 0:06:23.200 export is energy. The price of energy doubled, They're making 0:06:23.640 --> 0:06:28.000 double the money that they were before. So we're paying 0:06:28.040 --> 0:06:30.480 double our lie. Our cost of living has gone up, 0:06:30.480 --> 0:06:32.599 our quality of life has gone down in the West, 0:06:32.640 --> 0:06:37.599 in Europe, in the US, in the UK, energy prices 0:06:37.640 --> 0:06:43.680 are now about equal to a house payment. Think about 0:06:43.720 --> 0:06:46.080 that for a second. Can you afford to take on 0:06:46.080 --> 0:06:48.520 a second home right now? Most people can't. Well that's 0:06:48.560 --> 0:06:51.120 what they have to do, So he says, it's wrecking them. Um, 0:06:51.160 --> 0:06:53.320 now we are seeing how production and jobs in Europe 0:06:53.360 --> 0:06:59.800 are closing one after another. Jobs production, Germany is shutting down, factories, 0:07:00.080 --> 0:07:03.960 shutting down manufacturing. People are losing jobs. They're getting rid 0:07:04.000 --> 0:07:06.120 of these factories and O there's no jobs, that there's 0:07:06.160 --> 0:07:09.960 no economic activity in Germany. Why because they're trying to 0:07:09.960 --> 0:07:12.280 stick it to Russia. But Russia is just getting rich 0:07:13.160 --> 0:07:18.080 Western elites who would not or even cannot acknowledge objective facts. 0:07:18.160 --> 0:07:22.760 He says, Western elites um inability to recognized the inevitable 0:07:22.800 --> 0:07:28.320 shift from a unipolar to a multipolar world, which was 0:07:28.400 --> 0:07:30.800 literally the names for this year's forum, which was quote 0:07:30.920 --> 0:07:33.600 on the path to a multipolar world. So what do 0:07:33.640 --> 0:07:36.040 I talk about each and every week? The decentralized revolution. 0:07:36.240 --> 0:07:41.080 The world has been swinging towards centralization, a unipolar world 0:07:41.240 --> 0:07:44.520 where the dollars the reserve currency of the world. We 0:07:44.600 --> 0:07:47.160 have a one world government where the W the w 0:07:47.360 --> 0:07:49.560 e F and the w h O and the U 0:07:49.720 --> 0:07:51.440 N and the I m F set the policy that 0:07:51.480 --> 0:07:55.760 the whole world falls under. Even the United States has 0:07:55.920 --> 0:07:59.840 laid down its sovereignty to be under those three that 0:07:59.840 --> 0:08:03.560 are organizations. That's the unipolar world. But now we're moving 0:08:03.600 --> 0:08:07.080 to a decentralized world, which is a multipolar world where 0:08:07.120 --> 0:08:11.440 there's multiple countries, multiple currencies. That's what I talk about 0:08:11.480 --> 0:08:13.840 each and every week. History tells us this is happening, 0:08:14.080 --> 0:08:17.360 and that was the name of this year's forum on 0:08:17.480 --> 0:08:21.080 the Bath through a Multipolar World. It's happening. This energy 0:08:21.120 --> 0:08:26.800 crisis is exaggerating this, exacerbating it very fast. He says 0:08:26.840 --> 0:08:31.680 that global changes reveals their quote growing detachment from the 0:08:31.760 --> 0:08:37.040 common people they claim to represent. So the leaders of 0:08:37.080 --> 0:08:41.120 the West, they have a detachment from common people to 0:08:41.160 --> 0:08:45.040 claim to represent. The people care. Polls that have been done, 0:08:45.679 --> 0:08:47.520 one of the biggest polls done in the United States 0:08:47.600 --> 0:08:50.120 polled and asked people what are you most concerned about? 0:08:50.440 --> 0:08:53.200 Most people are concerned about the economy. Most people are 0:08:53.200 --> 0:08:56.360 worried about inflation. Most people care about their jobs. They 0:08:56.360 --> 0:08:59.480 care about the rise in violence, They care about their school, 0:08:59.520 --> 0:09:04.640 their kids, it's their health. Climate and environment are less 0:09:04.640 --> 0:09:08.320 than one percent of what people care about. But yet 0:09:08.720 --> 0:09:11.000 that's what everyone's focused on. I talked about the Inflation 0:09:11.000 --> 0:09:13.600 and Reduction Act. The majority of that money went to 0:09:13.640 --> 0:09:16.480 fight climate. Nobody cares about it. They're growing detachment. I'm 0:09:16.480 --> 0:09:18.120 gonna come back and talk about this more. You're listening 0:09:18.120 --> 0:09:20.679 to the Mark Moa Show talking about the decentralized Revolution 0:09:20.720 --> 0:09:24.439 or the multipolar revolution as uh this forum was talked about. 0:09:24.559 --> 0:09:26.680 We're gonna talk about the catalyst, how this accelerating, and 0:09:26.679 --> 0:09:28.760 what you need to know to survive this. I got 0:09:28.760 --> 0:09:30.440 a whole lot of cover. You do not want to 0:09:30.440 --> 0:09:32.840 miss this. I'll be right back. Don't go away, all right, 0:09:32.840 --> 0:09:34.880 welcome back. You're listening to the Mark Moa Show. We're 0:09:34.880 --> 0:09:38.679 talking about, like each and every week, the decentralized Revolution. 0:09:38.679 --> 0:09:40.560 We look at it through the lens of politics, finance, 0:09:40.600 --> 0:09:44.400 and technology. Of course, that technology is Bitcoin is the 0:09:44.440 --> 0:09:47.240 catalyst that's moving this forward. And I've been talking about 0:09:47.240 --> 0:09:49.600 this for about two years. It's this big thesis I 0:09:49.640 --> 0:09:52.400 have the three revolutionary cycles converging. If you don't know 0:09:52.440 --> 0:09:55.040 what I'm talking about, you can search it on the podcast. 0:09:55.160 --> 0:09:57.920 Just go search Mark mos Podcasts, groll through episodes and 0:09:57.960 --> 0:10:00.240 you'll find it. Or go to my YouTube channels. Search 0:10:00.320 --> 0:10:02.959 Mark Moss, go to the playlist for the three cycles 0:10:03.040 --> 0:10:04.719 or for the cycles playlist, and you'll you'll find the 0:10:04.800 --> 0:10:07.400 videos on that. But I've been talking about how history 0:10:07.440 --> 0:10:10.840 tells us the world moves to centralization like a pendulum 0:10:10.840 --> 0:10:13.880 and then swings back to decentralization. The name of this 0:10:13.960 --> 0:10:16.240 form that I'm talking about, Vladimir Plutin gave a speech 0:10:16.240 --> 0:10:18.440 this week and the name of the forum was on 0:10:18.520 --> 0:10:23.280 a path to a multipolar world, which is the same thing. Now, um, 0:10:23.320 --> 0:10:26.440 I'm not here to say that what Russia is doing 0:10:26.520 --> 0:10:29.080 is good or bad. Uh Personally, you know, I'm not 0:10:29.160 --> 0:10:32.480 for anybody taking over another country and killing people. Um, 0:10:32.520 --> 0:10:34.720 So I'm not here to talk about that specifically, but 0:10:34.800 --> 0:10:39.280 what's happening is very uh interesting, and it's also super 0:10:39.280 --> 0:10:42.880 important for you to understand this. So um, Now, the 0:10:42.960 --> 0:10:45.480 US wants to the West, the US, Europe wants to 0:10:45.559 --> 0:10:48.680 sanction Russia, but of course China and India don't, so 0:10:48.720 --> 0:10:51.880 they're just buying up everything that Russia can give them. 0:10:51.960 --> 0:10:54.600 And again, the sanctions have only pushed the price of 0:10:54.640 --> 0:10:57.560 gas and oil up, so Russia is getting richer than ever. Meanwhile, 0:10:57.640 --> 0:11:00.079 people in the West, US and Europe were suffering the 0:11:00.200 --> 0:11:04.160 bab and he says Western leaders refuse to acknowledge is 0:11:04.200 --> 0:11:07.800 that their nation's importing Russian energy. Quote, are in no 0:11:08.000 --> 0:11:12.920 position to dictate their will. So, uh, the G seven 0:11:13.000 --> 0:11:15.040 nations got together this last week and said, we're gonna 0:11:15.080 --> 0:11:21.120 put a price cap on Russian energy. Okay, how they're 0:11:21.120 --> 0:11:25.880 not buying any energy, they don't control the energy. How 0:11:25.920 --> 0:11:28.040 do they put a price cap on it? And they don't. 0:11:28.240 --> 0:11:31.640 But like I said, Putin says that, look, all they're 0:11:31.679 --> 0:11:34.480 doing is destroying their own economy. So let's talk about that. 0:11:34.840 --> 0:11:36.760 So in Europe, it will start with the EU. Then 0:11:36.760 --> 0:11:38.439 we'll come back to the United States here because it 0:11:38.520 --> 0:11:43.120 affects you even in California. Metal producers in Europe. Warren 0:11:43.400 --> 0:11:47.160 European leaders of the worsening energy crisis and says, quote, 0:11:47.440 --> 0:11:52.640 it's an existential threat to our future. That's a desperate 0:11:52.640 --> 0:11:56.079 plea from forty c e o s representing Europe's largest 0:11:56.440 --> 0:12:00.440 non fairest metal producers who are urging to merger agency 0:12:00.520 --> 0:12:06.520 EU action to prevent permanent D industrialization from spiraling electricity 0:12:06.559 --> 0:12:11.480 and gas prices. D industrialization. What does that mean? But 0:12:12.000 --> 0:12:15.679 two fifty years ago we had the Industrial Revolution. We 0:12:15.800 --> 0:12:19.440 created machines. Those machines could do the work of five 0:12:19.520 --> 0:12:22.400 thousand men. Before the Industrial Revolution, all we had was 0:12:22.440 --> 0:12:25.760 the farm and cottage industry. You had to build everything yourself, 0:12:25.800 --> 0:12:27.200 You had to grow everything yourself, You had to make 0:12:27.240 --> 0:12:29.640 everything yourself. You had no time left. You work like 0:12:29.679 --> 0:12:31.800 a slave on your own land to keep your head 0:12:31.800 --> 0:12:34.640 above water. But then machines came out and they could 0:12:34.640 --> 0:12:37.440 do the work of five thousand men, which then freed 0:12:37.480 --> 0:12:39.920 up the time of men, and now men could then 0:12:40.000 --> 0:12:44.960 focus humans whatever men. Women could now focus on higher 0:12:45.080 --> 0:12:50.000 value tasks like science and like medicine, and the world 0:12:50.000 --> 0:12:53.800 started advancing. Now we've gone through this Industrial revolution. Now 0:12:53.840 --> 0:12:56.520 we have machines that do all this work. We built factories, 0:12:56.559 --> 0:13:00.960 we have machines, all these things. But now it's a there, 0:13:01.040 --> 0:13:05.200 it's a d industrialization. By shutting off the energy, you 0:13:05.240 --> 0:13:08.120 can't have the factories, you can't have the machines. We're 0:13:08.120 --> 0:13:10.880 gonna go back to the cottage and farm industry. That's 0:13:10.920 --> 0:13:15.840 what they're saying here. Prevent permanent d industrialization from spiraling. 0:13:15.880 --> 0:13:19.439 Electricity and gas prices the prices have gotten so expensive 0:13:19.880 --> 0:13:21.880 that they have to shut down. They can't afford to 0:13:21.880 --> 0:13:25.320 stay open any longer. According to the letter, the e 0:13:25.400 --> 0:13:27.520 f E T wants state entities such as the European 0:13:27.559 --> 0:13:32.080 Investment Bank or Central Banks UM to provide support through lenders. 0:13:32.240 --> 0:13:35.040 So they want stimmy. They need money. Hey, look, if 0:13:35.040 --> 0:13:37.319 we don't get some stimmy, we can't afford and we're 0:13:37.360 --> 0:13:41.160 gonna shut down, they say. Um. They wrote to the 0:13:41.160 --> 0:13:45.280 European leaders to raise the alarm about Europe's worsening energy 0:13:45.320 --> 0:13:50.079 crisis and its existential threat to our future, saying, quote quote, 0:13:50.280 --> 0:13:54.040 we are deeply concerned that the winter ahead could deliver 0:13:54.160 --> 0:14:00.160 a decisive blow to many of our operators. End quote. 0:14:00.640 --> 0:14:02.880 What does that mean? They're not going to get through 0:14:02.880 --> 0:14:04.720 the winter at the rate the prices are going up, 0:14:05.000 --> 0:14:07.800 They're all gonna shut down. We're gonna go back to 0:14:08.040 --> 0:14:10.719 a d industrialization in Europe. Now. I don't want to 0:14:10.720 --> 0:14:12.080 spend a lot of time on this. I talked about 0:14:12.120 --> 0:14:15.719 a plenty another another episodes, but Germany is the economic 0:14:15.800 --> 0:14:20.960 engine of Europe. Without Germany and their manufacturing base, the 0:14:21.120 --> 0:14:23.560 entire European Union breaks apart. I did a video on 0:14:23.560 --> 0:14:26.120 this on my YouTube channel, talking about the EU breaking apart, 0:14:26.160 --> 0:14:27.600 and I break it all down. Go watch that video 0:14:27.600 --> 0:14:29.520 on my YouTube channel if you want more details on that. 0:14:29.640 --> 0:14:32.800 But without Germany and their economic base, Europe breaks down 0:14:33.200 --> 0:14:35.640 and they are shutting down. That's what it says right here. 0:14:35.800 --> 0:14:38.120 It says, we're deeply concerned that the winterhead could deliver 0:14:38.120 --> 0:14:40.040 a decisive blew to many of our operators, meaning they 0:14:40.040 --> 0:14:43.160 will be forced to shut down. Critically, they warned that 0:14:43.280 --> 0:14:48.080 quote fifty percent of the European unions aluminum and zinc 0:14:48.120 --> 0:14:53.000 capacity has already been forced offline due to the crisis, 0:14:53.040 --> 0:14:57.120 the power crisis. So fift half of the illuminous zinc 0:14:57.160 --> 0:15:00.200 capacity has already been shut down. It's already happened. Half 0:15:00.240 --> 0:15:02.760 of it, it's already gone. We gotta say the other 0:15:02.800 --> 0:15:05.120 half forty c e o s make it clear that 0:15:05.160 --> 0:15:09.800 the path they're on leads to catastrophes. Quote, but all 0:15:09.840 --> 0:15:13.600 metal production needs affordable and available electricity and gas, whether 0:15:13.600 --> 0:15:17.240 aluminium zinc today or lithium and cobalt tomorrow. We're deeply 0:15:17.280 --> 0:15:22.280 concerned that Europe faces a critical situation for the foreseeable future. 0:15:22.640 --> 0:15:26.680 So Europe wants to go through a green transition. They 0:15:26.680 --> 0:15:30.480 want to put solar panels and windmills and electric vehicles 0:15:30.480 --> 0:15:34.160 and charging stations everywhere. M hmm. But turns out you 0:15:34.200 --> 0:15:37.720 need aluminum and zinc and lithium and cobalt to do that, 0:15:38.960 --> 0:15:44.680 so all your factories shut down. You can't produce those things. 0:15:45.240 --> 0:15:48.360 Where does this go? This is a serious deal. This 0:15:48.440 --> 0:15:52.200 is a very serious deal. They conclude, quote, the long 0:15:52.320 --> 0:15:56.640 term investment climate for all EU strategic metal operations and 0:15:56.760 --> 0:16:05.200 projects risks being decimated. End quote. It's a big word. So, um, 0:16:05.240 --> 0:16:07.480 if they don't do something about this energy crisis, as 0:16:07.520 --> 0:16:10.760 Putin said. Putin said, you're destroying your own countries, and 0:16:10.800 --> 0:16:15.360 they are. The entire European Union is at risk of 0:16:15.440 --> 0:16:18.800 breaking down. Now. I like to say that eventually reality 0:16:18.880 --> 0:16:22.880 will smack you in the face, and that's exactly what's happening. 0:16:22.920 --> 0:16:26.320 So now it's starting to get pretty dire. The question 0:16:26.440 --> 0:16:30.560 is how dire does it have to get before people 0:16:30.760 --> 0:16:34.680 will finally pivot. Well, that's what we're gonna find out. 0:16:34.800 --> 0:16:37.560 So let's jump over to the UK. Don't worry, we're 0:16:37.560 --> 0:16:39.480 gonna get to California. We're gonna get to the U S. 0:16:39.520 --> 0:16:42.200 We're gonna talk about other states in the U S 0:16:42.280 --> 0:16:44.520 as well. But we's a stick over in Europe for 0:16:44.520 --> 0:16:47.800 a minute. So in the UK things got bad enough 0:16:47.880 --> 0:16:50.200 the prime minister got outstin Boris Johnson. There's a new 0:16:50.240 --> 0:16:53.160 prime minister that came in, Liz Trust And she came 0:16:53.200 --> 0:16:55.960 in and she's going to fix things. And uh, one 0:16:56.000 --> 0:16:57.600 of her things she wants to do is print a 0:16:57.600 --> 0:17:01.040 bunch of money, which is gonna exaggerate things. But she 0:17:01.120 --> 0:17:04.400 also has a plan that actually sounds halfway decent. Let's 0:17:04.400 --> 0:17:08.720 talk about that. She unveiled an estimated one hundred and 0:17:08.800 --> 0:17:13.600 fifty billion pound UK energy plan. I think that's about 0:17:13.600 --> 0:17:17.000 a hundred I think that's about a hundred ninety billion. 0:17:18.640 --> 0:17:21.639 I don't have my calculator in front of me something 0:17:21.720 --> 0:17:28.000 like that, anyway, hundred fifty uh pound, hundred fifty billion 0:17:28.040 --> 0:17:31.560 pound energy plan And uh, what is she going to 0:17:31.640 --> 0:17:33.600 do with that money? And how is it going to help? Well, 0:17:33.680 --> 0:17:35.040 some of it, I think it is probably gonna make 0:17:35.040 --> 0:17:39.000 things worse, but some of it shows that just maybe 0:17:39.480 --> 0:17:42.359 some of our leaders might come to their senses and 0:17:42.440 --> 0:17:46.280 turn this ship around before it hits the iceberg and sinks. Well, 0:17:46.480 --> 0:17:48.280 it might have already hit the iceberg, but maybe they 0:17:48.280 --> 0:17:50.360 can do something before it sinks. I'm gonna tell you 0:17:50.440 --> 0:17:52.600 what that is that she's doing. And then, like I said, 0:17:52.600 --> 0:17:55.119 we're gonna talk about California, We're gonna talk about the 0:17:55.200 --> 0:17:57.639 United States. Because it's happening all over the world and 0:17:57.680 --> 0:17:59.760 you need to know how to survive this. I'm gonna 0:17:59.760 --> 0:18:02.480 give you my playbook of what I expect is going 0:18:02.520 --> 0:18:04.560 to happen and how I'm going to survive this. So 0:18:04.600 --> 0:18:06.320 don't go away. You're listening to the Mark mo Show 0:18:06.359 --> 0:18:08.840 talking about the decentralized revolution, or is they're calling it 0:18:09.080 --> 0:18:12.600 the move to a multipolar world. This is a big episode. 0:18:12.600 --> 0:18:14.320 You don't want to miss it. Don't go away. I'll 0:18:14.320 --> 0:18:16.840 be right back. All right, Welcome back. You are listening 0:18:16.840 --> 0:18:19.440 to the Mark Ma Show. We're talking about the decentralized 0:18:19.440 --> 0:18:21.040 revolution each and every week, the way the world is 0:18:21.119 --> 0:18:25.240 changing from centralization to decentralization through the lens of politics, finance, 0:18:25.359 --> 0:18:30.160 and technology. We're talking about right now, um, about the 0:18:30.240 --> 0:18:32.840 crisis that's happening all over the world. It's happening in 0:18:32.880 --> 0:18:35.960 the United States, it's happening in China, it's happening in Europe, 0:18:36.040 --> 0:18:40.600 It's happening everywhere, and it's completely manufactured crisis. And that 0:18:40.720 --> 0:18:44.120 is a crisis of not having enough energy. Now, all 0:18:44.160 --> 0:18:46.560 of human history is a story of people being cold 0:18:46.600 --> 0:18:51.040 and hungry, something that energy fixes. But we have now 0:18:51.720 --> 0:18:54.840 um self imposed a crisis on ourselves and now we're 0:18:54.840 --> 0:18:58.719 dealing with it. But at some point things are going 0:18:58.760 --> 0:19:01.280 to change because at some point people want to live. 0:19:01.520 --> 0:19:05.600 At some point, at some point that drive to stay 0:19:05.640 --> 0:19:09.280 alive is gonna take over. And when you can't eat, 0:19:09.800 --> 0:19:12.440 you can't stay warm, you're gonna do something. And that's 0:19:12.480 --> 0:19:14.880 exactly what's starting to happen. We see this in the UK. 0:19:15.320 --> 0:19:17.480 The new Prime Minister, the old one got outsted the 0:19:17.480 --> 0:19:20.160 new ones in Liz Trust and she's enveiled and estimated 0:19:20.240 --> 0:19:24.120 hundred fifty pound hundred fifty billion pound UK energy plan 0:19:25.520 --> 0:19:27.240 and she says that what they want to do is 0:19:27.280 --> 0:19:30.520 focus on quote vulnerable industries such as the ones that 0:19:30.560 --> 0:19:33.159 are energy intensive are and the ones that have been 0:19:33.200 --> 0:19:35.399 forced to shut her operations due to high energy prices. 0:19:35.480 --> 0:19:38.240 So these c e o s as I talked about 0:19:38.320 --> 0:19:41.080 last before the break, the CEOs of these all these 0:19:41.080 --> 0:19:44.240 big operators, these big manufacturing plans said hey, we're shutting down, 0:19:44.400 --> 0:19:46.040 we can't afford the energy. So she wants to do 0:19:46.119 --> 0:19:49.480 some of that money to help offset that. Um f 0:19:49.600 --> 0:19:52.480 T said that the gross cost of the intervention would 0:19:52.480 --> 0:19:55.959 be around a hundred and fifty billion, including ninety billion 0:19:56.040 --> 0:20:01.840 for households, which will be funded through debt. So part 0:20:01.840 --> 0:20:03.960 of the reason why the energy is so high is 0:20:04.000 --> 0:20:06.560 because they've shut their own energy down. Part of the 0:20:06.600 --> 0:20:08.720 reason why the energy so high is because they've inflated 0:20:08.720 --> 0:20:11.160 their currency so high. And a part of the reason 0:20:11.160 --> 0:20:13.160 why the energy so high is because they've stopped gating 0:20:13.200 --> 0:20:15.959 it from Russia. There's three reasons why those prices have 0:20:16.000 --> 0:20:18.400 gone high, one of which is because they keep inflating 0:20:18.440 --> 0:20:20.359 their currency and they're gonna do it again. How are 0:20:20.359 --> 0:20:23.000 they going to fund it? Oh yeah, through debt. Now, 0:20:23.040 --> 0:20:27.240 I say, while this has been politically positioned as quote 0:20:27.280 --> 0:20:31.080 pro consumer, it's really an indirect or really a direct 0:20:31.160 --> 0:20:36.199 bailout for energy traders and producers. So in order to 0:20:36.320 --> 0:20:37.840 what they want to do is they want to fix 0:20:38.520 --> 0:20:45.320 the annual electricity price for households at dollars not dollars 0:20:45.440 --> 0:20:50.199 pounds UH per year over the next two years. The 0:20:50.280 --> 0:20:53.840 problem is how high will they actually go. So they're 0:20:53.840 --> 0:20:55.960 gonna have to make up the difference. So they're gonna 0:20:56.000 --> 0:20:59.160 cap it at per year. But what if it goes 0:20:59.200 --> 0:21:03.480 to by October? What if it goes to six thousand 0:21:04.000 --> 0:21:06.880 by next year? What if it goes to ten thousand? 0:21:07.520 --> 0:21:11.359 How does the UK government know where this stops? And 0:21:11.400 --> 0:21:14.359 how do they have enough money to offset that? So 0:21:14.400 --> 0:21:16.080 it's great they want to help these business they open, 0:21:16.080 --> 0:21:18.320 it's great they want to help homeowners, but it doesn't 0:21:18.320 --> 0:21:20.200 really fix the problem. All they're gonna be doing is 0:21:20.240 --> 0:21:25.960 going into more debt. That's the problem. Um. However, there 0:21:26.040 --> 0:21:29.920 might be an actual solution coming and this is where 0:21:31.880 --> 0:21:35.560 I'm not quick to applaud her just yet, but I 0:21:35.600 --> 0:21:39.560 think something might be happening. And what is that. Well, 0:21:40.359 --> 0:21:42.399 the Bank of England is going to tighten monetary policy, 0:21:42.440 --> 0:21:44.119 so they're gonna try to raise rates, but at the 0:21:44.160 --> 0:21:48.400 same time they're gonna be printing more money to offset that. 0:21:48.400 --> 0:21:50.560 That's a problem. But if you really want to bring 0:21:50.600 --> 0:21:53.520 prices down, don't just offset what people are paying, because 0:21:53.520 --> 0:21:55.199 that's only going to push the prices even more. What 0:21:55.240 --> 0:21:58.240 you really want to do is bring more supply. Remember 0:21:58.280 --> 0:22:00.960 supply and demand. If prices are too high, you could 0:22:00.960 --> 0:22:04.160 bring more supply, more supply, less demand or same demand 0:22:04.240 --> 0:22:08.840 brings prices down. That's exactly what she's proposing. And that 0:22:09.040 --> 0:22:11.119