My parents had hand made room dividers almost exactly like that one, with white plastic inserts (supposed to resemble Ivory). they purchased it one time on a trip to India -
You could pick them up and move them, and separate hinged panels meant one could bend them into various shapes to fit different rooms and furniture You can see some hinges there, and on his right side there's a bend
Predicting inflation starting to rise again this quarter while leading indicators showing economy slowing (not to mention governm*nt figures pumped up for the election). Global economy very weak which affects US. Fed dropping rates 0.50 shows they're VERY worried about financial downturn/crisis. interest rates coming down are also an indication banks are LESS willing to loan money into existence. The question here is where is the inflation going to come from in the near term? Consumers are mostly tapped out which is 70% of US economy (consumption). Yes inflation very likely to return but not before it continues to come down... Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 3.2 B'tc to a decent 27B'tc in the space of a few months... I'm especially grateful to Seren Wintersun, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Seren’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
he slipped in his Zionist hasbara bullshit at the end tho. Imagine thinking Israel is anything but a complete failure, let alone a suitable partner for the US to prosper in the region. The Iran octopus thing lol, the Zionists used to be good at this shit. If it weren't for the fact they were so utterly vile and murderous , it would be hilarious. - ua-cam.com/video/mdpIWZd9JmA/v-deo.html&ab_channel=%5BTheNEW%5D
I could listen to this for 4 hours easy. You guys bounce off of each other well. I definitely feel 1 hour smarter. Would love to be 4 hours smarter. Thanks!!!!!
Great discussion but the bad audio was distracting. Best for host and guests to wear headphones and have a good mic. Not like you can`t afford it. - Keep up the great work.
I agree. With podcasts and interviews, content is King, but video/audio quality is Queen. Made it difficult for me to follow along doing other things, which I normally have no problem doing. I'll have to watch again with full attention to understand.
Likewise.. ❗️ Hopefully, the ‘orange man child’ can’t fuck it up without help *as there’s hope, based on Michael Every’s take on the uncharted road/s ahead Michael is one of the Best in the Biz Re: Geopolitics, Economics, Finance
I finished Michael’s report before the show. Great work. TLDR: Pat Buchanan was correct in The Great Betrayal. If 22 pages wasn’t enough, that book will set you up. Great show! Thanks guys.
This was a great episode, very good conversation and topic exploration. I have a small complaint, I think Michael had a fan blowing on his mic the whole time 😂 - would love to hear more though
I'd love this guy to debate Jeff Snider on the true power (or lack thereof) of the Fed and US treasury to control the Eurodollar, with Brent moderating.
A few remarks on the conversation. 1. Historical outline With Cromwell's rise to power and the execution of King Charles I, England was taken over by a certain ethnic minority, which brought the art of usury to the unattainable heights of the central bank. Therefore, there was no grand strategy. The aforementioned group, once established in England, used the English state to: 1. enforce its usurious laws in other European countries through wars and revolutions, vide France, Russia, Austria, Germany, etc.; 2. economic and political expansion on a global scale in order to maximize income, vide Asia => India, America, Africa,. 3. colonize, modernize and take over North America and then build a world government. China and the USA Rivalry 1. The USA created China just as it created Soviet Russia during World War I (it was the financial elites of New York who brought the Bolsheviks to power and protected Soviet Russia from collapse, see point 1 above History). 2. The Chinese brought the enlightened elite of the West into a state of nirvana and quite cleverly maintained the appearance of subjection for three decades. This was the time when they created a modern state with the largest resources of highly qualified technical staff, who have the ability to produce the most advanced technologies. 3. Transferring production to Asia means the disappearance of capabilities in the West. To be a superpower, you need to have a production base with raw materials, human resources and plants. This takes time and investment. I am afraid that the USA has neither of these, regardless of who the president is. 4. When the Western Elites implemented the principles of the NWO (LGBT, the Green Deal and all those crazy things ensuring the dominance of a chosen ethnic group), they basically finished off their own production capacity. They probably did not expect the rebellion of the periphery. 5. Personnel and leadership. If I am looking for one word to describe the leadership of the West, I think it is corruption on a massive scale. The Communist Party of China seems to be an efficient, intelligent and effective entity that has recorded unprecedented achievements over the last 30 years. Projection. China has an offer for the world: infrastructure, trade, Life. America offers Gates vaccines, depopulation, war. In my opinion, America is facing internal conflicts, which revealed themselves during the elections. Never before has there been an attempt to kill a candidate so many times during an election campaign.
Many German industrials are already moving production to the US - largely because of the benefit of lower energy costs here. That said, its not clear how well the US can staff renewed production growth here. That, to me, seems to be the TBD wildcard. The US population is poorly educated on a relative basis to China's, more indoctrinated than educated. And more entitled than anything. We don't have a post WW2 work ethic among much of the population. If these reshoring opportunities materialize, it will be interesting to see if the working class population can rise to the opportunity. Toyota has just announced moving more hybrid production the US. Lets see what happens.
Yes but we had the 2nd private on owned central bank. The period where your point is relevant is time period between the 2nd and 3rd private owned central bank..
Great discussion, thanks to both. In light of some of how it's gone for the EU and Germany in particular (and I don't have the econ/financial knowledge to discern this myself, which is why I'm asking) - has Tom Luongo been correct in what he's been saying since the Russian invasion, that Jamie Dimon and Powell have been trying to pressure the more woke EU/China partnership? Would love to hear your thoughts on this.
Guys the discussion was wonderful but as your success depends on great communication, this includes the audio setup which has to be at least good. If by any chance you have background noises, before uploading, run the video via AI filtering to eliminate them. It’s a 20 min job with amazing results. Very valuable video you put up here, Brent, congrats
24:00. 1) I'm not sure that "everyone's gonna start building new factories in US soon after T+2y tariffs are announced". I have a suspicion it's more complicated. I mean why Chn would invest millions in US when they will be now under threat? It's not that simple. Perhaps they would do it in a globalized libertarian world world but precisely what the guy pointed out at the start, it's NOT a peaceful globalized econ anymore, why would you cheerfully enter into sharks' jaws on your own? Is Chn that stupid? Volkswagen may be but Chn is not in Nato.. 2) In case of a USD liquidity crunch, Eu, Chn, Jpn have to start selling US treasuries.. 3) The whole situation would dramatically speed up the willingness to create a new system outside of USD, which is already underway (Bricks and friends), perhaps GLD backed.
Agree. With Trump US is entering a high risk/high reward scenario. If tariffs + reshoring + running hot GDP is to work, we must have a successful geopolitical coalition. Otherwise we get high govt yields n market collapse. There will be a lot of geopolitical churn over the next 4 years, I hope we get it right.
Oh the audio!! Maybe if viewers write a comment showing their irritation Brent will jump through burning hoops for you. You should show your displeasure for this free program and how irritated your life is to complain about excellent programming, missing all the positive. Thats what I would type if I were really miserable like some others 😂 Thanks Brent
Have you ever heard of misophonia? It's a thing and not so uncommon. Please have some understanding that there are people who get irritated with these background noises, and it can be very distracting.
Turned out to be another sellout Neocon around the 46 minute mark with his anti-Iranian propaganda nonsense. More of us in America know who the real threat in the region is starting conflicts with all its neighbors and owning our Congress. We also know how our own nation funds terrorism in Libya, Iraq and Syria to destabilize nations. These fools think the people are waking up to the hypocrits
Brent it’s eerily quiet post election no nationwide protests no blm no Antifa and I don’t know what this portends for the markets but imo it seems like to heavy weights 2 armies are squaring off for a final battle.. just an observation & great guest btw. Btw Brent Trumps wildcard includes making peace …
I disagree with Brent on saying that it didn’t matter who is going to be the president. In my opinion, if US continue to fund and support wars, it would be a disaster with the economy and inflation will continue not only in the US.
Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Jinny Franz, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
Thank you for sharing your experience. She’s helped grow my reserve, despite inflation, from $87k to $246k as of today…..Her insights and daily siignals are worth following.
If you can get Michael back on soon, please can you two game out the possibilities, costs & benefits for European-Chinese economic collaboration if China ends up isolated as predicted, needing markets for its goods, and Europe is forced to chase commodities and rebuild its own self-reliance. Might these two dance partners end up being forced together if the US isn't careful?
The tariffs would probably be equivalent to the increased cost of doing business in America. So I don’t see companies just picking up shop and moving to the United States ignoring the increased cost of doing business here than it is abroad. There is a reason these companies left to begin with. If a company were to move, due to the increased cost of wages, factory maintenance and expenses , regulations, taxes, etc. they would be forced to raise the prices of their goods for sale, which would functionally be equivalent to the tariff itself.
Professor Mearsheimer’s theories suggest that all state behavior, including economic actions, serves as a means to secure power and influence. In realism, foreign economic policy-whether through trade, aid, or sanctions-is inseparable from broader geopolitical objectives. "Grand Macro Strategy" essentially rebrands Mearsheimer’s political realism, relaxing a few of realism’s traditional assumptions. Sir! This will not fly!!!
Are you shaming Michael for his work? As one that has learned from multiple people on the same subject, I greatly value different perspectives that reiterate the same thing, or similar substance, to grow a wider perspective of my own. I really hope I'm misreading your comment and you're not that close-minded.
Maybe 3 hr interview next time, like a Joe Rogan interview length, etc. just a suggestion. Really enjoyed this. Brent, maybe your hidden talent is as a long form financial interviewer, just sayin’
Brent, Thank you for the interview and video. Wonderful perspectives. I really enjoyed hearing it. Question: Many economists don't like to think about what happens to markets after day 1 of WW3, but money and markets will still exist. I get it's a hard topic to touch on but if you could give a minute or two on your viewpoint or general thoughts about where/how money and trade function in the event of these much talked about WW3 scenarios
Great discussion .. but can’t help but think like so many others in the West , Brent and Michael are not accepting how far the BRICS enterprise has developed in the last few years .. look at all the areas of cooperation/development highlighted in Kazan , the trade routes ( Arctic , North/South , Belt & Road)… the BRICS train has indeed left the station and I fear Trump will be left with military-craft as his only option to counter this ( and quickly ,whilst the US still has the lead in that.. which itself is arguable ) . Fireworks ahead for sure
I refer to the Rabobank report authored by Mr Every. His central argument of differentiating “economic policy” from “economic statecraft” indirectly highlights how Western economics is inexplicably without political consideration. Indeed Every’s reference to Von Clausewitz “war is a mere continuation of policy by other means” reveals this intellectual deficit. In contradistinction, the report emphasises war must now be part of US national strategy along with political and economic action saying “...it’s very likely that the next Trump administration will use even more realist economic statecraft.” This presents another intellectual boundary: the use of “realist” only as an oppositional term to “idealist”. This sets up his argument as a logical fallacy in the form of a false dichotomy; Republican vs Democrat; Tweedle Dum vs Tweedle Dee. Crucially, his report fails to explain the Triffin Dilemma in the context of Trump's policies - return manufacturing but keep reserve currency status for the USD.
I waited for a real discussion on oil but sorry no such thing. The 2008 crisis was because of oil prices not a housing crisis! The fracking industry picked up full steam around 2012; the sweet spots have been fracked where do you think the US will be without cheap oil?
Sorry mate but oil is currently at 2007 price companies are losing money the only way forward is to raise oil prices or a Great Depression. You have to discuss energy economics when you talk economics Brent rarely discusses it. No diesel nothing else.
the US has been running a persistant and historically high trade deficit for 40 years, the US should be allowed to weaken the USD and rebalance the current account a little bit, its not revolutionary. As for the reshoring manufacturing back to the US that does come with some economic benefits like you guys mentioned here, high employment and capex, which is badly needed right now because post GFC US businesses on mass have not been taking on more debt but paying it down and saving more money, this credit credition for US investment is badly needed and it may offset the inflation that people are worrying about since this is investment into industrial capex. Also, with rising wages at the lower class level (which has been flat for 40 years), this will have a knock on effect with the rest of the labour force, they will also experience higher wages to. If labour as a whole is increasing its wage power, higher CPI will not be a problem because people can afford it in the first place and we can have interest rates at healthy levels again, rather than at Great Depression levels were it has been since the GFC.
The *fingers fumbling over microphone* sound are a constant distraction. This sounds like it's audio was recorded by a cell phone in the pocket of a nervous nervous who wouldn't stop fiddling with it.
Thoughtful responses welcomed. I would love to understand more of the nuance between high wage domestic production competing with low wage foreign production. I dont see why consumers would choose to spend more on expensive labor produced goods. Seems like any interaction takes us farther from a free market and complicates this matter to be more expensive. Anybody care to point out my blinders?
I listened through again, and it seems like it's just a game of degrees more so than mutual exclusive goals. I agree we need the product to offset the debt, balance the ledger, so to type.
When I first heard about Trump's tariffs I thought he was insane. Then I thought it was a good way to win elections because of how unfairly the rust belt had been treated. Now I think Trump is brilliant to be able to tie all of these ideas together and still come out with something to make America great again
I wish these folks knew what it actually takes to build plants. 25% tariffs on steel and steel products did not make a difference as cost of producing in the US was still significantly larger than added cost of imports. Also Fed can provide currency but not factors of production. Wish they knew the shortage of skills like electricians plumbers welders and engineers. These professionals can't be printed.
Brent it’s eerily quiet post election no nationwide protests no blm no Antifa and I don’t know what this portends for the markets but imo it seems like to heavy weights 2 armies are squaring off for a final battle.. just an observation & great guest btw.
You miss the most important points. The US doesn't have all the experienced and skilled labor (anymore) and terrible education. Besides that China and Russia have nearly all the raw materials needed. And all logistics totally vertical integrated. This is all theory.
Boeing is a great example. The end product is only as good as the weakest employee…..which is the person who didn’t bolt a door in or the engineers who can’t find a fix to the planes nose diving out of the sky. After a spell in manufacturing I can tell you quality control is a rubber stamp because the management would rather sell crap today to meet this quarters numbers.
QE for Supply side? Isnt that basically Subsidies? Also wonder if US would start to attract Europeans over and we might see an "emmigration wave" from EU to USA inthe coming years (also considering the troubling outlook for Europe).
The U.S. Government is an old hand at tax credits and accellerated depreciation to kick start investment. This may be about to be repeated. Study tax policy under Reagan.
The South majority has had enough of U.S. bullying. West is in an irreversible decline. My suggestion is, treat other nations well and trade with good intentions
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Shirley Mae Crisler is my trade analyst. She has guided me to identify key market trends, pinpoint strategic entry points, and provide risk assessment, ensuring my trades decisions align with market dynamics for optimal returns.
"X is still a product", yes, it's like turning a BMW into a Lada, but you just let the false equivalence linger. A small dissonance from the straight talk that I come to expect here
Trump’s tariffs will increase the cost of goods in 2,ways. manufactures passing the cost of the tariffs onto customers or homegrown manufacturers produce same goods at higher price. The US can’t make goods as cheaply as China, unless robotics can out compete cheap Chinese labor.
Michael is being interviewed from a confession box
You beat me to it 😆
My parents had hand made room dividers almost exactly like that one,
with white plastic inserts (supposed to resemble Ivory).
they purchased it one time on a trip to India -
You could pick them up and move them, and separate hinged panels meant one could bend them into
various shapes to fit different rooms and furniture
You can see some hinges there, and on his right side there's a bend
hes a good Catholic boy
Michael Every is an amazing macro and geo-political analyst! Invite him more often
My favorite the great Michael Every!! He knows the global financial climate..🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼
Predicting inflation starting to rise again this quarter while leading indicators showing economy slowing (not to mention governm*nt figures pumped up for the election). Global economy very weak which affects US. Fed dropping rates 0.50 shows they're VERY worried about financial downturn/crisis. interest rates coming down are also an indication banks are LESS willing to loan money into existence. The question here is where is the inflation going to come from in the near term? Consumers are mostly tapped out which is 70% of US economy (consumption). Yes inflation very likely to return but not before it continues to come down... Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 3.2 B'tc to a decent 27B'tc in the space of a few months... I'm especially grateful to Seren Wintersun, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
SHE IS ON TELE GRAM.
@Serenwintersun
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Seren’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
Always backup your trading with a good strategy.
Nice, I was just hoding before I found Wintersun. In my opinion she is the very best out there.
Every knocked it out of the park AGAIN
he slipped in his Zionist hasbara bullshit at the end tho. Imagine thinking Israel is anything but a complete failure, let alone a suitable partner for the US to prosper in the region. The Iran octopus thing lol, the Zionists used to be good at this shit. If it weren't for the fact they were so utterly vile and murderous , it would be hilarious. - ua-cam.com/video/mdpIWZd9JmA/v-deo.html&ab_channel=%5BTheNEW%5D
he's a zionist
Amazing guest Michael Every!
I could listen to this for 4 hours easy. You guys bounce off of each other well. I definitely feel 1 hour smarter.
Would love to be 4 hours smarter.
Thanks!!!!!
Totally agree
Great discussion but the bad audio was distracting. Best for host and guests to wear headphones and have a good mic. Not like you can`t afford it. - Keep up the great work.
What a whiner you are.
I agree. With podcasts and interviews, content is King, but video/audio quality is Queen. Made it difficult for me to follow along doing other things, which I normally have no problem doing. I'll have to watch again with full attention to understand.
Damn this was excellent. Please have Micheal back soon
I would be delighted to listen to 4hours of this content.
I like that he says, "America took over the franchise." What a nice way of saying America won the game.
Thanks!
This is my favorite weekly broadcast.
Two of the post neo-liberal era greats thrashing out the way forth. Much thanks to brent and Micheal. Great stuff.
Great interview, thank you!
Fantastic conversation, gentlemen. Super-informative.
I leave this feeling enlightened and hopeful for the future of the USA!
Likewise.. ❗️
Hopefully, the ‘orange man child’ can’t fuck it up without help
*as there’s hope, based on Michael Every’s take on the uncharted road/s ahead
Michael is one of the Best in the Biz
Re: Geopolitics, Economics, Finance
Brent respect, great channel but definitely a much watch for Michael, mind blowing thinker and communicator 👏👏👍🏻
You need regular catch ups between you and Michael. That would be something unique in the world of finance podcasting.
Great interview. I'll be watching again to take notes.
I finished Michael’s report before the show. Great work.
TLDR: Pat Buchanan was correct in The Great Betrayal.
If 22 pages wasn’t enough, that book will set you up.
Great show! Thanks guys.
he's a grubby zionist, working the hasbara
This was a great episode, very good conversation and topic exploration. I have a small complaint, I think Michael had a fan blowing on his mic the whole time 😂 - would love to hear more though
Wow! Great podcast with insightful remarks.
Very, very sharp analysis. Great discussion.
Great segment this week.
High value content.
I'd love this guy to debate Jeff Snider on the true power (or lack thereof) of the Fed and US treasury to control the Eurodollar, with Brent moderating.
A few remarks on the conversation.
1. Historical outline
With Cromwell's rise to power and the execution of King Charles I, England was taken over by a certain ethnic minority, which brought the art of usury to the unattainable heights of the central bank. Therefore, there was no grand strategy. The aforementioned group, once established in England, used the English state to:
1. enforce its usurious laws in other European countries through wars and revolutions, vide France, Russia, Austria, Germany, etc.;
2. economic and political expansion on a global scale in order to maximize income, vide Asia => India, America, Africa,.
3. colonize, modernize and take over North America
and then build a world government.
China and the USA Rivalry
1. The USA created China just as it created Soviet Russia during World War I (it was the financial elites of New York who brought the Bolsheviks to power and protected Soviet Russia from collapse, see point 1 above History).
2. The Chinese brought the enlightened elite of the West into a state of nirvana and quite cleverly maintained the appearance of subjection for three decades.
This was the time when they created a modern state with the largest resources of highly qualified technical staff, who have the ability to produce the most advanced technologies.
3. Transferring production to Asia means the disappearance of capabilities in the West. To be a superpower, you need to have a production base with raw materials, human resources and plants. This takes time and investment. I am afraid that the USA has neither of these, regardless of who the president is.
4. When the Western Elites implemented the principles of the NWO (LGBT, the Green Deal and all those crazy things ensuring the dominance of a chosen ethnic group), they basically finished off their own production capacity.
They probably did not expect the rebellion of the periphery.
5. Personnel and leadership. If I am looking for one word to describe the leadership of the West, I think it is corruption on a massive scale. The Communist Party of China seems to be an efficient, intelligent and effective entity that has recorded unprecedented achievements over the last 30 years.
Projection.
China has an offer for the world: infrastructure, trade, Life.
America offers Gates vaccines, depopulation, war.
In my opinion, America is facing internal conflicts, which revealed themselves during the elections.
Never before has there been an attempt to kill a candidate so many times during an election campaign.
bruh turn off the fan
lmao
Yeah it's really tough to listen to on my phone. Gonna try again later on some speakers. Maybe it'll be less distracting.
Many German industrials are already moving production to the US - largely because of the benefit of lower energy costs here. That said, its not clear how well the US can staff renewed production growth here. That, to me, seems to be the TBD wildcard. The US population is poorly educated on a relative basis to China's, more indoctrinated than educated. And more entitled than anything. We don't have a post WW2 work ethic among much of the population. If these reshoring opportunities materialize, it will be interesting to see if the working class population can rise to the opportunity. Toyota has just announced moving more hybrid production the US. Lets see what happens.
Smoot Hawley tariffs resulted in the slowest growth we ever had during the 1930's. I noticed this wasn't discussed.
Yes but we had the 2nd private on owned central bank. The period where your point is relevant is time period between the 2nd and 3rd private owned central bank..
Great discussion, thanks to both. In light of some of how it's gone for the EU and Germany in particular (and I don't have the econ/financial knowledge to discern this myself, which is why I'm asking) - has Tom Luongo been correct in what he's been saying since the Russian invasion, that Jamie Dimon and Powell have been trying to pressure the more woke EU/China partnership? Would love to hear your thoughts on this.
I don’t think it will be that easy to have “a bunch of factions spring up in the US” because of tariffs.
Guys the discussion was wonderful but as your success depends on great communication, this includes the audio setup which has to be at least good. If by any chance you have background noises, before uploading, run the video via AI filtering to eliminate them. It’s a 20 min job with amazing results. Very valuable video you put up here, Brent, congrats
This is a beauty
Great información about macro economy. Thanks!
Great discussion.
Great show.
24:00.
1) I'm not sure that "everyone's gonna start building new factories in US soon after T+2y tariffs are announced". I have a suspicion it's more complicated. I mean why Chn would invest millions in US when they will be now under threat? It's not that simple. Perhaps they would do it in a globalized libertarian world world but precisely what the guy pointed out at the start, it's NOT a peaceful globalized econ anymore, why would you cheerfully enter into sharks' jaws on your own? Is Chn that stupid? Volkswagen may be but Chn is not in Nato..
2) In case of a USD liquidity crunch, Eu, Chn, Jpn have to start selling US treasuries..
3) The whole situation would dramatically speed up the willingness to create a new system outside of USD, which is already underway (Bricks and friends), perhaps GLD backed.
Backed by paper gold?
What's going on with the microphone/sound? Annoying.
Agree. With Trump US is entering a high risk/high reward scenario. If tariffs + reshoring + running hot GDP is to work, we must have a successful geopolitical coalition. Otherwise we get high govt yields n market collapse. There will be a lot of geopolitical churn over the next 4 years, I hope we get it right.
Oh the audio!!
Maybe if viewers write a comment showing their irritation Brent will jump through burning hoops for you. You should show your displeasure for this free program and how irritated your life is to complain about excellent programming, missing all the positive.
Thats what I would type if I were really miserable like some others 😂
Thanks Brent
No good deed goes without complaints
@jeffreygoss8109 I love that
Have you ever heard of misophonia? It's a thing and not so uncommon. Please have some understanding that there are people who get irritated with these background noises, and it can be very distracting.
@ then they can pay
Great interview
Next level analysis. Thanks, Michael & Brent. Liked👍
Turned out to be another sellout Neocon around the 46 minute mark with his anti-Iranian propaganda nonsense. More of us in America know who the real threat in the region is starting conflicts with all its neighbors and owning our Congress. We also know how our own nation funds terrorism in Libya, Iraq and Syria to destabilize nations. These fools think the people are waking up to the hypocrits
Brent it’s eerily quiet post election no nationwide protests no blm no Antifa and I don’t know what this portends for the markets but imo it seems like to heavy weights 2 armies are squaring off for a final battle..
just an observation & great guest btw. Btw Brent Trumps wildcard includes making peace …
thank you both. fascinating, provocative conversation. i hope you can do it again, perhaps in a few months as we see the new trump admin take shape.
I disagree with Brent on saying that it didn’t matter who is going to be the president. In my opinion, if US continue to fund and support wars, it would be a disaster with the economy and inflation will continue not only in the US.
Good stuff Brent
As always, another amazing discussion.
Curious to know if Brent's gold puts paid off well....
Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Jinny Franz, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
She's mostly on Telegrams, using the user name
JinnyFranz
.
Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate
Thank you for sharing your experience. She’s helped grow my reserve, despite inflation, from $87k to $246k as of today…..Her insights and daily siignals are worth following.
This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.
If you can get Michael back on soon, please can you two game out the possibilities, costs & benefits for European-Chinese economic collaboration if China ends up isolated as predicted, needing markets for its goods, and Europe is forced to chase commodities and rebuild its own self-reliance. Might these two dance partners end up being forced together if the US isn't careful?
Yes, Europe ... that worries me too.
Really great discussion. Thank you both. Enjoyed listening to the ideas and thoughts shared. Real Gentlemen!
Thank you Brent!
The tariffs would probably be equivalent to the increased cost of doing business in America. So I don’t see companies just picking up shop and moving to the United States ignoring the increased cost of doing business here than it is abroad. There is a reason these companies left to begin with. If a company were to move, due to the increased cost of wages, factory maintenance and expenses , regulations, taxes, etc. they would be forced to raise the prices of their goods for sale, which would functionally be equivalent to the tariff itself.
Professor Mearsheimer’s theories suggest that all state behavior, including economic actions, serves as a means to secure power and influence. In realism, foreign economic policy-whether through trade, aid, or sanctions-is inseparable from broader geopolitical objectives. "Grand Macro Strategy" essentially rebrands Mearsheimer’s political realism, relaxing a few of realism’s traditional assumptions.
Sir! This will not fly!!!
Are you shaming Michael for his work?
As one that has learned from multiple people on the same subject, I greatly value different perspectives that reiterate the same thing, or similar substance, to grow a wider perspective of my own.
I really hope I'm misreading your comment and you're not that close-minded.
It sounded like a fan was blowing into someone's mike. Interesting and informative exchange, of course. 🙂
The world needs a strong America. Just like the world needed a strong Athens.
Amazing!!!
Maybe 3 hr interview next time, like a Joe Rogan interview length, etc. just a suggestion. Really enjoyed this.
Brent, maybe your hidden talent is as a long form financial interviewer, just sayin’
Volkeswagon is already coming thru Rivian...am I right??
Brent, Thank you for the interview and video. Wonderful perspectives. I really enjoyed hearing it. Question: Many economists don't like to think about what happens to markets after day 1 of WW3, but money and markets will still exist. I get it's a hard topic to touch on but if you could give a minute or two on your viewpoint or general thoughts about where/how money and trade function in the event of these much talked about WW3 scenarios
Excellent talk. Great stuff guys.
11:00 Shotgun Diplomacy. The bully on the playground.
is Michael at confession?
LOL
🔥
Thanks this was great. Does anyone know if there's a way to translate the report to spanish?
Great discussion .. but can’t help but think like so many others in the West , Brent and Michael are not accepting how far the BRICS enterprise has developed in the last few years .. look at all the areas of cooperation/development highlighted in Kazan , the trade routes ( Arctic , North/South , Belt & Road)… the BRICS train has indeed left the station and I fear Trump will be left with military-craft as his only option to counter this ( and quickly ,whilst the US still has the lead in that.. which itself is arguable ) . Fireworks ahead for sure
I follow the BRICS very closely. And their actual real world accomplishments are remarkably small considering all the fire and brimstone declarations.
Amen glad u see that as well..
@@MilkshakesPod Brent I think you’re ignoring the implications of the end of 3rd privately owned Central Bank.
Is there any way you can explain how triffins delema is part of the problem when it comes to world laquidity.
@@MilkshakesPod😂😂😂 fuck around and find out like Ukraine
I refer to the Rabobank report authored by Mr Every.
His central argument of differentiating “economic policy” from “economic statecraft” indirectly highlights how Western economics is inexplicably without political consideration. Indeed Every’s reference to Von Clausewitz “war is a mere continuation of policy by other means” reveals this intellectual deficit.
In contradistinction, the report emphasises war must now be part of US national strategy along with political and economic action saying “...it’s very likely that the next Trump administration will use even more realist economic statecraft.”
This presents another intellectual boundary: the use of “realist” only as an oppositional term to “idealist”. This sets up his argument as a logical fallacy in the form of a false dichotomy; Republican vs Democrat; Tweedle Dum vs Tweedle Dee.
Crucially, his report fails to explain the Triffin Dilemma in the context of Trump's policies - return manufacturing but keep reserve currency status for the USD.
Bring Kutsmeda back to keep you focused. No discussions of markets for the past weeks?
This was a very interesting interview. I'm not sure about the capacity of the US consumer for the year 2025.
I waited for a real discussion on oil but sorry no such thing. The 2008 crisis was because of oil prices not a housing crisis! The fracking industry picked up full steam around 2012; the sweet spots have been fracked where do you think the US will be without cheap oil?
South America 😂😂😂 2.0
Sorry mate but oil is currently at 2007 price companies are losing money the only way forward is to raise oil prices or a Great Depression. You have to discuss energy economics when you talk economics Brent rarely discusses it. No diesel nothing else.
the US has been running a persistant and historically high trade deficit for 40 years, the US should be allowed to weaken the USD and rebalance the current account a little bit, its not revolutionary.
As for the reshoring manufacturing back to the US that does come with some economic benefits like you guys mentioned here, high employment and capex, which is badly needed right now because post GFC US businesses on mass have not been taking on more debt but paying it down and saving more money, this credit credition for US investment is badly needed and it may offset the inflation that people are worrying about since this is investment into industrial capex.
Also, with rising wages at the lower class level (which has been flat for 40 years), this will have a knock on effect with the rest of the labour force, they will also experience higher wages to. If labour as a whole is increasing its wage power, higher CPI will not be a problem because people can afford it in the first place and we can have interest rates at healthy levels again, rather than at Great Depression levels were it has been since the GFC.
The *fingers fumbling over microphone* sound are a constant distraction.
This sounds like it's audio was recorded by a cell phone in the pocket of a nervous nervous who wouldn't stop fiddling with it.
Thoughtful responses welcomed.
I would love to understand more of the nuance between high wage domestic production competing with low wage foreign production. I dont see why consumers would choose to spend more on expensive labor produced goods. Seems like any interaction takes us farther from a free market and complicates this matter to be more expensive.
Anybody care to point out my blinders?
I listened through again, and it seems like it's just a game of degrees more so than mutual exclusive goals. I agree we need the product to offset the debt, balance the ledger, so to type.
Fantastic discussion! I downloaded the paper and will dig in!
The A Team from the ZeroHedge debate. Nice to hear you uninterrupted.
When I first heard about Trump's tariffs I thought he was insane. Then I thought it was a good way to win elections because of how unfairly the rust belt had been treated. Now I think Trump is brilliant to be able to tie all of these ideas together and still come out with something to make America great again
I wish these folks knew what it actually takes to build plants. 25% tariffs on steel and steel products did not make a difference as cost of producing in the US was still significantly larger than added cost of imports. Also Fed can provide currency but not factors of production. Wish they knew the shortage of skills like electricians plumbers welders and engineers. These professionals can't be printed.
Brent it’s eerily quiet post election no nationwide protests no blm no Antifa and I don’t know what this portends for the markets but imo it seems like to heavy weights 2 armies are squaring off for a final battle..
just an observation & great guest btw.
You miss the most important points. The US doesn't have all the experienced and skilled labor (anymore) and terrible education. Besides that China and Russia have nearly all the raw materials needed. And all logistics totally vertical integrated. This is all theory.
Boeing is a great example. The end product is only as good as the weakest employee…..which is the person who didn’t bolt a door in or the engineers who can’t find a fix to the planes nose diving out of the sky. After a spell in manufacturing I can tell you quality control is a rubber stamp because the management would rather sell crap today to meet this quarters numbers.
QE for Supply side? Isnt that basically Subsidies? Also wonder if US would start to attract Europeans over and we might see an "emmigration wave" from EU to USA inthe coming years (also considering the troubling outlook for Europe).
The U.S. Government is an old hand at tax credits and accellerated depreciation to kick start investment. This may be about to be repeated. Study tax policy under Reagan.
The South majority has had enough of U.S. bullying.
West is in an irreversible decline.
My suggestion is, treat other nations well and trade with good intentions
Advice for Gods of Olympus to maintain beings gods-meaning, the road to perdition.
Not the best audio quality jfyi
Dont get high on your own stuff..... I miss Jon Kutsmeda as Moderator
I love❤ the information and analysis you put out here.... How do i invest in a profitable market?
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Shirley Mae Crisler is my trade analyst. She has guided me to identify key market trends, pinpoint strategic entry points, and provide risk assessment, ensuring my trades decisions align with market dynamics for optimal returns.
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimony on CNBC news last week.
Isn't she the same shirley mae crisler that my neighbours are talking about, she has to be a perfect expect for people to talk about her so well.
I'm new at this , please how can I reach her?
She's mostly on Telegram, using the username
What a guest. Clearly I missed his first appearance.
It is a war of the two dimensional Democrat world against the three dimensional Republican world.
Brent! I love watching your channel but the audio on this video is painful to listen to, what the heck is going on?
Europe is likely to sink or swim; I imagine they'll swim because they'll become insanely aggressive.
Brent .. Excellent discussion.. Michael Every is as good as it gets☑️
i remember when he upset jim rickards at the zerohedge debate on brics v dollar. lol ill say no more
"X is still a product", yes, it's like turning a BMW into a Lada, but you just let the false equivalence linger. A small dissonance from the straight talk that I come to expect here
Manufacturing using technology, robotics, and low cost energy can come back to the U.S..
Fantastic interview
the audio quality is very poor, your friend probably has a fan blowing on him and the mic has that unpleasant noise
It's painful listening to this with headphones.
I will have to read the paper... Fix the audio or stop podcasting...
Trump’s tariffs will increase the cost of goods in 2,ways. manufactures passing the cost of the tariffs onto customers or homegrown manufacturers produce same goods at higher price. The US can’t make goods as cheaply as China, unless robotics can out compete cheap Chinese labor.