Oil Prices This High Will Collapse the Economy

We are living through a time in which the history books will be written about and it's important to pay attention and not just sit there and wait for things to happen to you but actually take action. You came here for the truth so let me unveil that for you. When you start to follow the money, you realize how deep and dark things can become and for those who have done this over the years, it's not too pretty, okay? If you start to see what happens with oil over time, countries have been truly turned upside down for oil. We know that it is arguably one of the if not the most important resource or commodity that exists. Everything runs on oil. When you start to look at it in a deeper level, it is really true. And the price of oil as it moves up, it puts a bigger and bigger uh constriction on the economy. Once it gets above $80 a barrel, it starts to become difficult. 90, 100, we start to move into recession territory. Hard or if not impossible to escape and if it makes its way towards that $150 a barrel, the pressure is too much and economies begin to fail. If you look around the world, many countries, they don't have the same access as some others and they begin to run out. Shortages and this causes a problem upheaval in other countries will come to your doorstep. If we look at what's happening with oil right now at the time of this recording, it's approximately $105 a barrel for WTI and 111 for Brent. Many people would say we're able to take it, we're able to handle it but the pressure is there. Just like when you blow a balloon or blow a bubble, it handles it. It's fine. Everything's just fine and you could have that balloon sitting in the corner of your room or tied up on the wall and everything is fine. And a gentle breeze comes by and it pops. Usually pops in the middle of the night startling everybody. You have to look what's happening and understand one by one. We'll connect some of the dots right now. What does the United States want? The United States wants a no nuclear Iran. Iran has said now they've made it clear that in fact they don't want to do this at all because of the pressure that's being applied to them. They have said specifically that look at the situation with other countries, if they don't have nuclear, not even nuclear weapons, just nuclear capability. What would happen to them? Well, they can just consistently be attacked. If they had nuclear, it becomes a deterrent just like North Korea. They see the writing on the wall and they know what's up and here we are, the seven countries one by one, they all got hit. If you heard that history and you know about that, and so you could see what's going on. The country is completely dismantled militarily, Iran. And the United States has said, we want to make sure that there is no nuclear. That's their red line. But Iran is saying basically, we don't want to do that deal. It's not about enrichment percentages. It's that they don't want to do it that deal. Now they're going to be forced into it because their economy is heavily reliant on oil and if they can't get things in and out of their country over the next few weeks and maybe months, it will become very painful for everybody on the inside. Mostly the you know, the average person. That's really where this comes down to. If you look at it though, what's happening to the average person is that the prices of things like gasoline have gone up tremendously. But the you know, the people at the top, the 1%, they've been benefiting because the S& P 500, the stock market has continuously gone higher. At a record high right now. And they keep talking about you know, the bull case. Is it going to be 7,000? Oh, already passed that. 7,500? Well, we'll get there soon. What about 10,000? What about 20,000 on the S& P 500? Why

not, right? Well, you could see for yourself right here that the um United States has been the biggest beneficiary of artificial intelligence. Even though there's AI all across the world and some of the best models right now are actually out of China. Some of the best engineering is out of China. And then you look at who is actually building the Americans, it's actually Chinese. And when we start to piece all this together, you have the data centers, you have the energy that's required for that, the cooling, the HVAC and so on. All of this I break down on the Finance Friday in depth. And you know, for people to understand what's happening here, there is a simple matter of looking at where we end up here. The United States has this power. They've harnessed the AI but where is the economy? Where is the engine behind that to let things grow? An economy can't grow because you're building data centers. People have to be feeling the abundance. You have to have the same post-World War II kind of vibe in order for things to be growing. That's not the case. Things are changing. Things are changing rapidly and not most of it is not beneficial. Okay? Look at this. This page refreshed. You could see that this has been some level of positivity. What is it? Well, you could see that they signed an order granting cross-border permit to a project that would revive parts of the Keystone XL pipeline transport Canadian oil from the US Canada border into Wyoming. So they want to take all that oil. Canada is the fourth largest reserves of oil, most of it sitting unused and that has to get into the United States with the United States can actually refine it and make it into products and that would benefit, I believe, both countries as long as they do a positive deal. This is a good thing. This will help people. This will create jobs. This is the kind of thing we want to see. Unfortunately, it's too few and far between these things. If you look at what's been happening recently, this is from the moneygps. com. Um looking at this um um in the member section by the way. And you know, you could see for yourself economy-wise, not looking good. Right now, I brought it up in the previous video, Rogers, one of two service providers in Canada, they fired half of the staff. Half of the staff are getting fired. Not not you know, a small percentage. We're talking about a large number of the people are going away. And I think the number was 10,000, don't quote me on that. 10,000 people at one company losing their jobs. They're going to be outsourcing. There's going to be efficiency increases and maybe they get rid of there's four people on a pod and they say, you know what? You two, you're gone. You're now replaced by this other guy, you know, you don't like it? There's a door. That's the way it works. Now you got to work twice as hard. Uh these are these companies cost-cutting because they want to be able to push their stock prices higher. The Federal Reserve right now, if you're not paying attention to what's happening, they have their so-called dual mandate and um so Powell's leaving on the 15th technically. He's sticking around a little bit. But he'll be leaving on the 15th of May and you have Warsh coming in. Meet the old Meet the new boss, same as the old boss. But there's a lot of rhetoric there. No, we're going to be tougher. We're going to get rid of that balance sheet. They said that they want to get rid of the balance. That's what Warsh had said. We made a big mistake by expanding our balance sheet. The last time Janet Yellen was, if you remember, it's going to be like paint drying. They were going to reduce the balance sheet nice and slow. She told everybody, it's going to be a long process. It's going to be slow. And you know how I love it when Janet's all slow. And that didn't go over well, okay? That goes over well for me. When Janet loves to slow dance, it's a good thing. But the market didn't want to slow dance with Janet. And people, investors, were freaking out as the reserves climbed to uh-oh, we

only have I think the number was like three and a half trillion in reserves. Oh my goodness. How are we ever going to deal with this? The market can't handle that. All right. You got to realize one the pressure is building. Yes, there are many things related to the supply chain that are a problem. No question about it. And um when we look at that, yep, it's a big deal. Unquestionably. But you have to realize that there is some other things that are happening. And if I just go over there to the choke points and we can look for ourselves countries whether that is if you can see this whether that is Saudi Arabia, whether that's Iran, look at this region. When we see this region, what's happening? This is a powder keg, okay? And you could see that stuff is just getting stuck in this area and without people realizing there is some very serious stuff very serious stuff that is taking place. And why? Why do I focus on this? It's because it could absolutely spiral out of control. You're thinking about this potentially from a very narrow viewpoint. How it is affect the US economy. How does it affect me? And that is where we should be thinking. How does this Yes, there's news we filter down like a funnel. And that is the prices are accelerating and we are going to experience inflation. How do I know that? Well, we have a good track record of that. This is basically By the way, love on Island terminal. But when we see this you have to understand they are from the you know, the geopolitical events that are taking place. That's inflationary. You have the jobs. If the economy is weak, you have to create some stimulus. That's inflationary. And the fact that they're printing already 40 billion dollars a month that's inflationary. One by one, it's from all You got the trifecta happening right now. How do you deal with that? You have to understand how the monetary system works. That's what I'm trying to break down for you right here. There's free stuff on my website themoneygps. com. You go there, get it for yourself and you're going to see um you know, the how to build a portfolio, how to um you know, the com- compass is totally free and that's like your foundational models. And that's how we begin. And then we need to accelerate that. We need to have proper investments. our own sources of income. You got to understand this, okay? There's s- I mean, all of that is really in the member section. And you know, whether it's in the live sessions or just in the member section, just look at this. I mean, if you want to see that, you can see what the smart money is doing, okay? Look at it. Each and every one of these things you're going to be able to see on a daily basis as they update. Where are the speculators? Where are the commercials, the hedgers? You have to follow along. That's what follow the money is all about. You have to look into this detail. Whether you get it from me or get it somewhere else, do that. Understand these things because it's going to be a big deal for you to try and keep up with all of this. Right? You have to stay invested. You have to be able to bring in more income. I keep harping on that. If you want more information, there's free stuff at themoneygps. com. There's also the paid stuff. But just don't just avoid it. Don't just go somewhere else. Each and every day take some action. That's my message for you. I hope that you will join the member section of themoneygps. com to support me, yes, but also to get your education up to a higher level. The old you know, there's the guys who like buy those courses. They buy those courses. I learned to swing trade. My goodness. Come on, guys. Like that you're enriching them whoever made that course. Please, don't do that. Get the data right here. If not for me, from somewhere else. Just I'm just saying get the actual data. Don't think that guy's going to help you, okay? Um and there's other Join my university

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