Ben Myselish
๐ค SpeakerAppearances Over Time
Podcast Appearances
Their stock went up like 600% to 800% or something.
That's the kind of market we're dealing with right now.
So don't give me the market to say that things are going well, because it's clearly all BS, right?
We can acknowledge that.
But when you look at the actual data, one of the issues right now is that oil is still not going to the places where it needs to go.
And we're seeing these major warnings right now from these international energy agencies
saying that countries in Europe could be running out of jet fuel within the next like six weeks.
I mean, these are red alerts and people are acting like everything is fine.
I saw yesterday a report that it looks like Spirit Airlines is about to go completely under because Spirit Airlines is a budget airline that runs in very tiny margins and the jet fuel cost increases have destroyed their company and they're not able to recover.
So they may be
out of business regardless of what you think about spirit airlines and not not so sure everybody has a positive image towards them but but that's a direct effect of donald trump's war here and the barrels are just not getting through now you have the blockade on top of the blockade you have the strait of hormuz still closed you still have by the way the iranians getting through millions of barrels of oil
despite this so-called blockade by the United States.
And so while the world is in turmoil, it's like you have Trump and a lot of these people around him and these market forces kind of acting like everything's okay.
But when push comes to shove, when that oil delivery does not show up,
when all of a sudden people don't have oil or don't have jet fuel or don't have gas, people are going to feel it.
And that's why we're seeing countries, not in the United States, but countries with more responsible leaders actually giving this warning to their people, not so different than warnings that they gave to their people at the beginning of COVID.
that, hey, we might start to have to ration some supplies here.
We may have to, if you can work from home, work from home because we might run out of gas or gas is going to get super expensive because we're getting short on supply here.
I mean, people are already setting their citizens up for that reality should this continue and the impacts that will already come from Donald Trump's actions cannot be erased.
We can only try to now kind of recover from