Ryan Sean Adams
👤 SpeakerAppearances Over Time
Podcast Appearances
That means the Fed's going to hike interest rates
And we just had this clip, this statement out from Powell, basically saying that the United States national debt is growing substantially faster than the economy and it's not sustainable.
And so that goes into, can the United States serve its own debt?
And so the cost that Iran knows that it's posting to America through the closing of the Strait of Hormuz is that we can't pay our debt.
I actually thought this clip from Fed Chair Jerome Powell was actually pretty interesting.
Let's go ahead and watch it.
Yeah.
So all of this is to say that there is a lot of evidence for why this war can't sustain itself over a long period of time.
I think the speech that we got from Trump last night is like, I've got I've got three more weeks.
I've got three more weeks before this really hurts.
I think he, maybe not in that speech, but I think he knows that.
He knows he doesn't have forever.
to the degree that that some have thought it might and it may still soon yeah that was actually a explicit point that trump was making was like he explicitly said a number of times in his speech last night is like we don't need the strait of hormuz we've got our own oil we've got wti we got west texas international and then he also did the whole thing it was like europe like this is your guys's problem you guys need to step in here so but he explicitly says like
We've got our supply of oil.
Our economy is going to be fine.
And we also do see that in the global stock market indices.
It's like the domestic United States markets are doing much better than the international markets.
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