Dave Smith
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Podcast Appearances
Listen, I don't know this.
This is above my pay grade.
But I have heard experts argue that like this would even though we do produce enough oil for our own energy needs, that it would be an absolute shock to the system and totally destructive if just all of a sudden we had to totally self-rely on this stuff.
So there's there's people who know more about this who could give you a better explanation than that.
But it is more complicated than just being like whoever produces oil has that energy now.
No question.
Listen, well, look, I mean, just to like drive that point home a little bit, like if you look around your house, dude, and see how many things are made in China right now, if you were to look through like your 401k or if you have any type of investment account,
And look at how many of the businesses that you're invested in also do business in Europe and Asia and this.
If you even just think about where you have your money, how many of the financial institutions also, like even if you're just in a checking account or something like that or whatever, how much business that institution does with the entire global economy.
Once you have such an integrated economy,
integrated global complex economy, it's not as simple as just going like, hey, yeah, if there's huge inflation in prices in South Korea and that destroys their economy, whatever, we're all the way over here, like on so many different levels.
That might affect companies that are even just doing business in that country who you might be invested in here or your financial institution might be invested in.
It's a very complex thing.
And the idea that the world economy crashing isn't our concern because we're over here, that might be a nice idea, but it is not reality.
Yeah, it's I mean, the whole thing here, dude, I mean, this plan is just it's so absurd.
It's so ridiculous.
And there really is something, I guess, in a way, I mean, for very different reasons.
But do you remember, Rob, back?
I'm kind of blanking on some of these details.