Steve Bannon

is very attuned to market reaction to his moves, particularly tactically.

As you see this develop today, and I think you'll see that the Turks have a role in this as some sort of intermediary, or at least helping and assisting President Trump get communication with whoever really can make a deal.

What are markets going to look for today, tomorrow, and the next day

to make sure that this turbulence, which President Trump's clearly trying to get out of the markets, that for them to get back to stability and a little more calmness, what are they going to look for?

So here's the game.

You texted me a few hours ago about this.

The real crisis could be a housing crisis here, and the way that would work is if oil stays elevated, the Fed has to come in, raise interest rates to bring down the price of oil.

That would raise interest rates.

That puts a...

massive pressure on the housing market.

If housing collapses, then the whole economy collapses.

But I will tell you, there's another one.

Before that happens, energy is going to be super high for a long time.

That would be one of the fallouts.

But a bigger fallout was we would lose the AI race that we're fighting for.

AI is massively dependent on energy, energy we don't have yet here to fulfill the full AI capacity that they're looking at five, 10 years down the road.

So if we start playing the game of $200 barrels of oil, and by the jet fuel has already doubled in one month, jet fuel alone, diesel's up 45% in a month.

I mean, so if we start playing this game of high energy prices,

we're going to get smoked in the AI development phase as well.

So there's a whole lot of things that could happen.