Ryan Sean Adams
👤 SpeakerAppearances Over Time
Podcast Appearances
Every single new crisis is facts and circumstances, so we can't really say that's going to be repeated.
But with the S&P being green as of this morning, after Trump told us that they're going to strike Iran hard for the next three weeks and the stock market comes out green, I'm kind of interested in that pattern.
That takes time to get there.
Yeah.
Yeah.
And this all is going to show up in inflation.
Like what does oil have to do with the bonds?
Well, higher oil prices makes everything cost more domestically in our neck of the woods.
If things cost more domestically, that means inflation is going up.
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.