The Ben and Emil Show - BAES 146: Will Oil BREAK the Global Economy?

Episode Date: April 2, 2026

Everyone is convinced that we're just weeks away from global turmoil. But is everyone just panicking? We'll gently, sensually explain to you everything you need to know about oil, what's really going ...on, and what to look for. NEW MERCH OUT! Get 10% off when you sign up and also get bonus content, ad-free versions and more plus your first 7 days free at https://benandemilshow.com ***THE SOUTHWEST COMPANION PASS IS BACK GET IT HERE: https://www.cardratings.com/bestcards/featured-credit-cards?src=691608&shnq=520080,4028088,4048122,4028085,3006151,4048149,4028089,4048084&var2= The newest acid video is out now so check it out! https://youtu.be/7vkFY3f5kkw Give this video a thumbs up if you enjoyed it! And please leave us a comment! It helps us! ***Ben's new movies and tv podcast with Dillon is OUT NOW! GO WATCH the latest episode on our TOP MOVIES OF 2025: https://youtu.be/tbC-cMqcby8?si=tO0NK0PmpN2187ir **CHECK OUT EMIL'S LIVESTREAMS HERE: https://www.youtube.com/emilderosa __ SOME OTHER VIDEOS YOU MAY ENJOY: That's Cringe of Cody Ko: https://youtu.be/dTbEk0pVh2w Our AUSTIN VIDEO: https://youtu.be/yGSs56bFzRU Our episode with Kyla Scanlon: https://youtu.be/cIHWkY35cuc Big Tech is out of ideas (ft. ED ZITRON): https://youtu.be/zBvVGHZBpMw Arguing with a millionaire (ft. Chris Camillo): https://youtu.be/1ZUWTkWV_MM We bought suits HERE: https://youtu.be/_cM1XqA9n2U ***LINK TO OUR DISCORD: https://discord.gg/CjujBt8g ***Subscribe to Emil's Substack: https://substack.com/@emilderosa ***Trade with Ben at https://tradertreehouse.com __ HIMS: For simple, online access to personalized and affordable care for Hair Loss, ED, Weight Loss, and more, visit https://Hims.com/baes SHOPIFY: Sign up for your one-dollar-per-month trial today at https://shopify.com/baes. __ Follow us on instagram! @ benandemilshow @ bencahn @ emilderosa Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript
Discussion (0)
Starting point is 00:00:00 This is one of the busiest weeks all year. I'd like stuff to stop happening a little bit. All day today. I'd love to give the attention that Christine Nome's big-titty-crossing husband deserves, but I physically cannot. Trump told some aides that he's willing to end the U.S. military campaign against Iran, even if the straight remains mostly closed. So WTI, which is the, it stands for West Texas Intermediate,
Starting point is 00:00:27 But it just went above 100 per barrel. Every time I see it discussed as being sweet, I'm like, there's no way it's pertaining to taste. Ben got himself some and tasted it. Put it on my tongue. It is sweet. That's exactly why. He likes what he tasted. And then you've got the other thing, which is Brent crude oil, which is still considered light, but it's got more sulfur than West Texas.
Starting point is 00:00:54 I like how you're so hung up on the taste. taste stuff. Maybe the only guy, maybe the only guy right now talking about oil who's hung up on the taste. I gotta know what it tastes like. Everyone's going, what is the global economy going to do? Ben's like, just found this out. It was, it's actually sweeter. It is actually sweeter when they're saying. It is sweet to the taste. We're matching again. We're both wearing gray. I know. I would have taken my thing off, but it's too cool. No, it's okay if we're matching. No. We should match every week. No, I was going to say, we would match, but it's too cold every week. Hey, people are here now, so.
Starting point is 00:01:51 Okay. Hey, everybody. Welcome back. We've got a fan effing-tastic episode for you today. This is one of the busiest weeks all year. I'd like stuff to stop happening a little bit. All day today. I was joking.
Starting point is 00:02:08 Last night. So maybe it was like the Daily Mail or someone posting. You were joking last night? I was joking. Posting about how the Charlie Kirk bullet doesn't match the gun or whatever. And I was like, there's too much shit. You can't do that right now. Also, it's a misleading. I know.
Starting point is 00:02:26 Yeah. But it's like, just stop. Okay. You read the Daily Mail? No, it came on Twitter. I read the Daily Female, so. Christy Noem's husband, you got to do your, you know, your big titted cross-dressing thing another week. Yeah. I feel bad for him, man. I feel bad for him. That's not fun to have, I know that his wife is, you know. I'm not trying to make fun of him. I'm just saying there's too much going on.
Starting point is 00:02:47 No, I know. I can't, I can't probably, I'd love to give the attention that. that Christine Nome's big titty cross-crossing husband deserves. But I physically cannot. Yeah, that's... Well, maybe we'll talk about that in the bonus or something. But, hey, comment of the week is back. So stay tuned for that. We're going to do that at the end of the episode.
Starting point is 00:03:09 Yeah, let's see. What are we talking about? We're giving you the latest things with Iran, the oil crisis ticking time bomb. And it's actually pretty fascinating stuff. We're going to explain what the... you're going to be such a dang expert on oil. You're going to be like Daniel Plainview.
Starting point is 00:03:24 And Ben's got a little prop on his table. TSA is getting back pay right now, but Ben is going to show you, even with TSA, how you can get a box cutter on the airplane. I'm going to test this. So you're going to want to stay tuned for that at the end of the episode when Ben shows you. And hint, it is going inside your body if you want it on the airplane.
Starting point is 00:03:43 Let's see. What else do we have? We've got just some market updates, some, um, some, uh, just too much stuff, man. We got too much. By the way, did you know that TSA stopped a guy trying to get on a plane? It was a military guy in, in Palm Springs today. And they found an unexploded ordinance or something. And he's, he, no, that's, fuck, you know, shoot, that's fuck. Yeah. No, he found it. He's, I found it in a field somewhere and I thought it was a dud and I'm taking it home and they
Starting point is 00:04:16 and then they said that they took it out into the desert and blew it up which is fun. That's cool. That's a cool job man. TSA got to do that? No, I think it was like the bomb squad. Oh, okay. That's got to be the best day. You're checking passports and they're like, hey, you got to go blow this thing up. Okay. I'm thinking five.
Starting point is 00:04:33 I haven't been paid in six weeks. And then for people who subscribe to Ben and Amelso.com we're doing our Q&A today. So if you missed it, There's always next month. Lots of good questions. Lots of fun stuff.
Starting point is 00:04:48 We're also going to be opening mail, so that'll all be on Benadamio Show. Dot com. And you're not going to make an opening female joke. Opening female? No, I already did it with Daily Mail, Daily Female. There's just so much going on. So why don't we get into it, shall we? I don't even know how to get into this.
Starting point is 00:05:04 I've been accused of scaring the hose lately, I will say. Yeah, man. In real life, people are fully like, you're scaring the hose. you know, people bring up how they're like going to go to Europe in April or whatever. And I'm like, yeah, you might want to be prepared to like get stuck there. And people are like, don't say stuff like that. I'm just saying it's about it's. I'm not saying it will happen.
Starting point is 00:05:28 I'm just saying it's maybe it's greater than zero. It's maybe something to think about. Yeah. And don't worry, folks. We're going to we're going to lay out our theories on what can happen, our predictions and whatnot. and you might end up feeling a little bit more calmed down, maybe, maybe, or more panics. Which one you believe? On who you want to believe?
Starting point is 00:05:50 And by the way, you know, these are just opinions and... I don't know what to believe. I feel bad and pulled in a lot of different directions. And what I mostly am is just like hoping that our idiot, moron president... Dyes? Just can somehow take the L and walk away or something. I don't even know. I don't know. I don't know.
Starting point is 00:06:11 I want to see him get impaled. That'd be sick. That'd be nice. I'm down for an impalement. Yeah. So let's start off with the ticking time bomb. Let's click that link here. We've got, there was a analyst from JP, I believe it was JP Morgan.
Starting point is 00:06:29 Yeah. Let's click that thing. It's a map for the audio listener. Oh, God. It's a, so it's a map of the world. It's the Mercator projection. so it's not the most accurate, you know, the one where it looks like Russia is massive. Yeah, Greenland is not that big. Greenland is not that big. But it is the ticking time bomb from the world supply of oil according to a briefing note from J.P. Morgan.
Starting point is 00:06:54 Physical scarcity of oil is about to unfold across the globe, spreading, spreading sequentially through April from east to west, causing major economic disruption worldwide. So the reason is, it was kind of interesting because I didn't even really think of this. I'm like, wait, how is it? taking so long. It's because all those ships are still out there. When this whole thing started, there were still ships out on the water traversing the... It's also a conflation.
Starting point is 00:07:21 It's a conflation of different things because yes, I mean, we're going to start seeing it, and we already have. Asia was kind of the first ones whose shipments arrived last, or first. And so you're seeing their pretty serious shortages and the consequences of that. But
Starting point is 00:07:38 also there was a bit of a buffer between, I think they released globally somewhere around 500 million barrels of oil from reserves and then also some... They just dump it in the ocean. Yeah. Everybody, get a straw.
Starting point is 00:07:55 And then also some sanctions relief on Iranian and Russian oil. So that, so those initial first couple weeks where everyone was like, oh, maybe we're going to have horrific consequences. has had huge buffers.
Starting point is 00:08:11 And yeah, as we see here, most deliveries stop to Asia and Southeast Asia on April 1st. Then moving west, you've got South Africa and Western Africa, March 20th through April 1st, Europe, April 10th. And then for us, number one in the world, April 15th. Oh, and then Australia, April 20th. So there's all stops from April 20th. But Australia has been having their own troubles.
Starting point is 00:08:42 Yeah. Before much earlier than this. So. Yeah, a lot of, a lot of diesels not flown down there. I think last time. Last I saw with Australia, it was about 600 fuel stations.
Starting point is 00:08:57 But if anybody can handle it, truly, it's Aussies. They can handle this. No one can, that's the thing. People. Well, like the temporary shock. Yeah, let's hope it's temporary.
Starting point is 00:09:09 People do those funny... You know, there was some oil guy taking questions and someone was like, what do you do to prepare for if we hit $200 a barrel? And he's like, oh, you don't prepare for it. Everything just comes to a grinding halt. I don't think that we could ever get to... $200 a deal.
Starting point is 00:09:26 If we did, it would be very brief. Because then demand, just... The laws of supply and demand would dictate that it would have to come down for people to want to buy it again. I think. But if the supply gets that short, sure.
Starting point is 00:09:39 That's the problem. We have no control over that. True, but we got to remember that it's not all of the world's oil coming from there. It's a portion of it. And it is dictated by OPEC. It's not. But, you know, from what I'm seeing experts talk about is if this continues, you're still talking about cutting anywhere from like 10 to 12 million barrels of demand.
Starting point is 00:10:03 So that's got to come from somewhere. Right. Well, if you're following all these headlines, you might be a little confused. And I'm kind of pissed at myself for never looking this up. But there's basically two benchmarks for oils for the price of oil. You got WTI, which sounds like a alien... I mean, this is just that... Sex disease.
Starting point is 00:10:31 This is Jeffrey's analyst Lloyd Byrne. With each passing day, an estimated 11 to 12 million barrels of... per day of oil, condensate and refined products is not reaching global markets. That's out of around 100 million barrels per day of global oil production and about what two Indias would consume. During the 1970s oil shocks, the supply shortage was roughly 4 million barrels per day. So, like, that's not getting replaced. Right. That's a massive amount. Right. I just don't think that we are likely to see 200 sustained. I'm not saying we will. I'm not saying we will.
Starting point is 00:11:09 It's just we're on a bad path currently. So WTI, which is the, it stands for West Texas Intermediate, but it just went above 100 per barrel yesterday, I believe. And it is classified as light, sweet crude. Also for the first time in a long time. For the first time in a long time. That was a pretty big benchmark it hit. It is the benchmark for North America. It is our light sweet.
Starting point is 00:11:37 crude oil. It mostly comes from this area called the Permian Basin in like Western Texas, which is wild. It's like our biggest oil field in America. And every time I see it discussed as being sweet, I'm like, there's no way it's pertaining to taste. Ben got himself some and tasted it. Put it on my tongue. It is sweet. That's exactly why. He likes what he tasted. Those old, those old timely prospector guys, when they would be digging around for oil, they would taste it. it in, I don't know why they're tasting it. It's the 1800s. What else are you going to do? Also, isn't that, isn't it fucking poison? Like, what are you doing? How sweet are we talking?
Starting point is 00:12:19 They knew nothing. I guess, yeah. You've got a modern, stop calling it sweet. Why would we still call it sweet? It's so outdated and silly. But that's apparently easier to refine for gasoline. And I didn't know this either, but the main the main crossroads in America for all of that physical exchange and for the price
Starting point is 00:12:43 settlement of it is in Cushing, Oklahoma. Do you know that? I did not know that. 35 pipelines go converge at Cushing, Oklahoma. Just pipelines, man.
Starting point is 00:12:57 I believe 20 inbound and 15 outbound and they've got 16 massive storage terminals. Man, if I were a terrorist, that's, that's, that's certainly where I would look first. You know, if I was piloting drones, I'm not, I'm not saying I want that. I definitely don't want that.
Starting point is 00:13:16 I sound like Tucker Carlson there. I don't, I'm not saying I want that, but that's certainly where I would look. That's certainly where I would look. And then, uh, you've got the other thing, which is Brent crude oil, which is still considered light, but it's got more sulfur than, uh, W, I like how you're so can hung up on the taste stuff. It's a little better. Maybe the only guy right now talking about oil who's hung up on the taste.
Starting point is 00:13:45 I gotta know what it tastes like. Everyone's going, what is the global economy going to do? Ben's like, just found this out. It's actually sweeter. It is actually sweeter when they're saying. It is sweet to the taste. And it's called Brent, because I'm like, what the fuck? Why is it called Brent?
Starting point is 00:13:58 Was there some guy named Brent? And it comes from, I believe it was named after, what did we? We looked it up. It was named after a goose or a type of bird by the shell corporation because they were the ones who found it in the 70s. In the North Sea, it's another oil field. But that's really the one they're going by. Yeah, that's the international global. When you see people talking about oil just hit $115.15.
Starting point is 00:14:24 That's probably the brand. Yeah. So if this all continues and this war, what's it good for? Nothing. Absolutely nothing. Everything that you know and love will get hit. Shipping, manufacturing, agriculture, because you got helium going through there, you got liquid natural gas, you got fertilizer.
Starting point is 00:14:53 Also, I want to be clear. Even if it stops today, that stuff's going to hit. It's going to take a while to make its way through. Qatar's liquid natural... Oops. Liquid natural gas. They said 70% of their output is affected for the next three to five years. So that's already...
Starting point is 00:15:13 They should get your mama out there. You're going to feel that impact. For to fill up those... Because she's farting. Natural gas things yet. Your mom's farting. Your mama. And she should harness that.
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Starting point is 00:17:08 effectiveness or quality. Prescription required. See website for full details, restrictions, and important safety information. Individual results may vary based on studies of topical and oral monocidol and fanasteride. But everything, yeah, everything is affected by this. And it's kind of a, um, not a wake-up call, but it is, it is pretty wild. And-up call is the understatement of the century. I mean, we are watching a complete reordering of everything. I mean, people, whether or not they want to or not, countries are, allies of ours are... Pissed.
Starting point is 00:17:43 Are having to rethink their... Relationship with us. I mean, we should put up the... Do we have the Donald Trump truth? Which one? The one that kind of set off the... If you find it, well, while he finds it, I think it's really funny to note that in 2020,
Starting point is 00:18:00 Kathy Wood, who we love to hate on here, the hedge, the famous hedge fund manager made a prediction that 2020 was the year of peak oil and that it was never going to see over $100 a barrel again. And in fact, in a few years, it'll probably drop as low as $17 a barrel because Elon Musk was going to make everything electrified. Well, Kathy Woods is not the profit she thinks she is. But Donald J. Trump says all of those countries that can't get jet fuel because of the Strait of Hormuz, like the United Kingdom, which refused to get involved in the decapitation of Iran, I have a suggestion for you. Number one, buy from the U.S. We have plenty. And number two, build up some delayed
Starting point is 00:18:41 courage, go to the straight, and just take it. You'll have to start learning how to fight for yourself. The USA won't be there to help you anymore, just like you weren't there for us. Iran has been essentially decimated. The hard part is done. Go get your own oil. President DJT. Jesus, man. That piggybacking off of that, some good news that... Wait, wait, wait. Let me just make the point here because... I was being sarcastic. It's not good news about your... Well, no, no, I know. But the reason I bring this up is that all these companies are starting to see what it actually means to be an ally of the United States right now. A big one was the fact that Spain was early on was like, hey, you're not going to use our air bases for this. We want no part in this.
Starting point is 00:19:23 So Spain said they're not going to allow their air bases to be used. Right. Iran said, okay, then we'll let... let your ship pass through the Strait of Hermuz if you're not going to take part in this horrific illegal war. Other people are looking at that and going, hey, maybe that's not such a bad idea. And in that time, Italy has denied the U.S. using their bases. They don't want to let them use the base in Sicily. France refused Israel use of its airspace to transfer U.S. weapons for Iran war.
Starting point is 00:19:58 this is Carston Brewer, the chief of the German defense staff. Germany no longer regards the USA as a reliable defense partner. We're assuming conflict with Russia in the next few years is inevitable. We are rearming. And, you know, that's then just factions within these countries are seeing what's going on. The AFD in Germany, the far right party, now wants to break with America. They're talking, they said, we will not free the Strait of Hermuz with the Navy. We must not serve our soldiers as targets.
Starting point is 00:20:31 Spanish ships are allowed through because Spain closed its bases for the Iran War. Spain is not interfering in this war, and that is right. We must begin implementing what is written in our basic program, the withdrawal of U.S. troops from Germany. Poland also is telling them to fuck off when America's asking for more Patriot missile batteries. It's, you're seeing unprecedented. I genuinely can't believe. Like, I'll watch things on TV.
Starting point is 00:20:58 you know, the people on CNBC, you just cannot even begin to fathom the things you're seeing. Well, there's just so much information coming from all different angles and so many factors that go into all this, the calculus of all this in terms of like having a good grasp on the whole picture and what's going on and what can happen. But yeah, it's us alienating ourselves to the delight of Donald Trump. Well, Trump keeps saying like putting things. up like this like...
Starting point is 00:21:29 Fuck you! Last week he was begging them to help and he was going, well, you guys need it more than us and that's true. But they didn't close it. You guys went and did this. Then it became the goal of this war was to open the Strait of Hermuz,
Starting point is 00:21:44 which was open before you started this war. And now you're seeing that's going to be much more difficult. There's the reporting in the Wall Street Journal that he was telling his aides, he just wants to walk away even if the Strait of Hormuz is closed. And with stuff like this, You're like, maybe he really does want to just walk away and go, Europe, you deal with it. And Europe's like, what the fuck?
Starting point is 00:22:03 Yeah. Maybe that'll force you guys to get your shit together. I mean, honestly, I think it'll just... Part of the deal. Reorder, like, if he truly does walk away, I think Europe would just pay the price that Iran is asking for passage through the straight of her business. Yeah. So Trump did this interview with the Financial Times. and on, I believe it was Monday, yeah, Monday or Sunday, excuse me.
Starting point is 00:22:32 And there's a few quotes from it. He said, to be honest with you, my favorite thing is to take the oil in Iran, but some stupid people back in the U.S. say, why are you doing that? But they're stupid people. Maybe we take, is it Carge Island? I think it's Carg, but I'm... Carg? I don't know. Maybe we take Carg Island.
Starting point is 00:22:51 Maybe we don't. We have a lot of options. He says that we could take it easily. he doesn't think that they have any defense. But then he says that he's talking to a new, more reasonable Iranian regime. And he still emphasis, as of this interview, a lot changes every single day. He says that they have until April 6th to make a deal or he's going to blow up their power infrastructure and like water desalination. And when they asked, what's her name, Catherine Levitt?
Starting point is 00:23:18 Kathleen, whatever the fuck, the press secretary. she she just always says like the president has been very clear on this it's blah blah blah blah blah blah
Starting point is 00:23:28 well now when they're asked they're going no he's not being clear from the beginning he said it was going to take four to six weeks we just hit 30 days so what does that say to you
Starting point is 00:23:36 how much longer we're going yeah to be in there it's like nothing honestly that says nothing you know Iran just issued more threats saying
Starting point is 00:23:47 because because you've targeted are people in their residences, we're going to start targeting your people in residences across the Middle East. And I believe they hit someone today. They were issuing threats to American companies in the Middle East. So it's really, I mean, last night we were texting. I honestly had a moment of probably irrational joy where when you texted the, you know, the Wall Street Journal had those first reports that he was telling his aides that he's willing, Trump is just willing to walk away.
Starting point is 00:24:19 I was going good. I mean, obviously, this is an absolute, it'll go down. If he walks away, it will still go down as an absolute disaster. He has met no goals. He's just completely disrupted shit, destroyed a lot of stuff. But that is the best case scenario. Like, please just wind this down before it gets even worse. Yeah.
Starting point is 00:24:41 But then, obviously, today, it's just more of the cross talk where it's going to be, he says a million different things about what he wants to do. That's kind of my prediction is that because Iran wants reparations for compensation for all of the damage that's been done. And that's been like one of the key things that they're asserting. And it's my my best read of it is that they are going to reopen the straight and do the toll thing. It'll be however much more per barrel of oil. And they will use that money to rebuild everything that was damaged. And that'll kind of be it.
Starting point is 00:25:24 I don't think that they're going to prolong any kind of closure of this if we were to pull out. I don't think that they're going to like prolong it would be unnecessary and needless pain. We all already understand that they are in charge of this and that it all goes through them. They've made that clear. they've succeeded there. But yeah, like you said, so as of Monday night, I'm sure you guys have seen this by now, but Trump told some aides that he's willing to end the U.S. military campaign against Iran, even if the straight remains mostly closed.
Starting point is 00:25:57 He assessed that the mission to reopen Hormuz would push the conflict beyond that four to six week headline, which he doesn't want. He believes that the U.S. should achieve the main goals of just destroying Iran's Navy and missile stockpiles. He thinks that we can wind down while pressuring Iran diplomatically. And if that fails, they would pressure, we would pressure the allies in Europe and the Gulf to take the lead on reopening the straight. So it's basically he's going to be able to take claim the win for his base, which is all that matters to him, really. Which, fine. I don't care. Yeah, I don't care either.
Starting point is 00:26:32 But them say it's a victory. Like, that's, you know, there was the new polling about how now I think broadly across all party affiliation. it's about, there's about 30% of people still supporting the war in America. And the poll... Well, that's the thing. They were like, at this point, I don't think it could go any lower. I think that's about what you'll see, the breakdown among Americans. There's like maybe 30% of people are die-hard magas.
Starting point is 00:27:05 And they're not going to, you know, there's... We've seen in about a decade of this, I guess decade plus, that they don't really get shaken from the MAGA line. So that's about as low as you're going to get. Yeah. It's... And he's going to be able to say, we did achieve our goals.
Starting point is 00:27:25 If you remember, our goals were to destroy their military capabilities and their missile stockpiles. We did it? But did they? And we're out. Yeah, they're Navy and their... They're what?
Starting point is 00:27:37 Their air... Like, they have been pretty much... They're... They're hitting more than ever. But those are just like smaller... But that's the thing. It doesn't matter. So this whole thing has been asymmetric...
Starting point is 00:27:47 But from Trump's perspective, he's going to be able to twist that and make it... He can say that, but that is just not true. If anything, all he's done is displayed to the rest of the world, that America's military capacity was a bloated, weird mess, a massive gift to the defense contractors who just... that is essentially useless.
Starting point is 00:28:13 I mean, what is Iran's military budget? Like, $10 billion? You know... A fraction of ours, for sure. A fraction, like, Trump is out there on TV going, you know, I want $200 billion, more on top of our, like, trillion dollars.
Starting point is 00:28:31 And they're just using some... Some drones and some... It's a... It's... People have been starting to float it, that it could be... his Vietnam if this continues or
Starting point is 00:28:44 his fucking Iraq or Afghanistan whatever you want to um oh I mean but this is like a massive I think that doesn't even begin to yeah there's so many layers to describe what he's how he's fucked this up he might literally so Iran's talking about how they wanted to push
Starting point is 00:29:01 America out of the Middle East which they might achieve they might literally push America out of Europe I mean these countries are literally talking about how we don't want these American bases on our soil. And you can't blame them. They're
Starting point is 00:29:17 like, they're a liability. Hey guys, we got to take a quick break to talk to you about Shopify. Okay, we've, we've been talking to you about Shopify for so long, but it's one of our biggest sponsors for a reason we use it. It helps us greatly. One of our biggest,
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Starting point is 00:30:25 to processing returns and beyond. And if you get stuck, Shopify is always around to share advice with their award-winning 24-7 customer support. It's time to turn those what-ifs into with Shopify today. Sign up for your $1 per month trial today at Shopify.com. slash bays. That's B-A-E-S. Go to Shopify.com slash bays. That's Shopify.com slash bays-B-A-E-S. Yeah, I mean, Trump, totally. And it would be, it would also, at first blush, you know,
Starting point is 00:31:01 it's good that we'd be pulling out and Iran would do their, let Europe take the lead and do their own thing. What does that show the rest of the world? Hey, we don't need the United States. We can do our own thing. We can completely make our own deals with Iran, which would further isolate us. And then, yeah, like you just said with China, you better believe that China is watching intently and gathering as much data as possible about the efficacy of our weapons systems, our planes, or everything. They are watching intently, and they can do it without, they can do it without directly being involved.
Starting point is 00:31:42 They're learning so much of what we can and what we can't do. Same with Russia. And there was also, I think there was, there were some spec. There was some speculation that China was supplying the IRGC with Intel and stuff. Oh, definitely. Which is, yeah, totally. And people are saying the Russians are providing more drones and whatever. So here's a little speck of, you know, some, some.
Starting point is 00:32:12 silver lining, because that's the thing. It's like, depending on where you look, right before I got in today, apparently the Pakistan foreign minister told Axios that China and Pakistan have presented a peace initiative that is going to be reviewed by both sides here.
Starting point is 00:32:31 The market's happy. The market is very happy. The market is stoked right now. Yeah, the market is very pumped. It's okay. Trump really, really went off and showed off his Alzheimer's, disease skills
Starting point is 00:32:45 this weekend at this Finn Institute thing this is him talking about the straight let's go ahead but they have to open it up they have to open up the straight
Starting point is 00:32:58 of Trump I mean harmless to be fair he probably is thinking about renaming it I'm so sorry such a terrible mistake
Starting point is 00:33:10 the fake news will say he accidentally said now there's no accidents with me, not too many. If they were, it would have a major story. But they have to open it up. God, he's such a bitch. And I don't mean like in a weakling, he is that, but he's also just like he's serving, you know.
Starting point is 00:33:29 He's catty. Yeah, he's caddy. There you go. This is him talking about in the same big, long speech, talking about China and what they do. Talking about winning, Mr. President. The world is entering in a new economic era. Geez, Pierre.
Starting point is 00:33:44 Who do you think are the winners and who do you think will be the losers? Are you talking about as nations? Yes. Yes. Or sectors? The United States right now is the hottest country anywhere in the world. By far. By what metrics, sir?
Starting point is 00:33:59 Because we have a good system. Now, it's somewhat radicalized because the Democrats are really holding us back. And you better hope they don't get in because they'll destroy a lot of what we've built. But right now, the United States, as the king, future king of Saudi Arabia said, we're the hottest country anywhere in the world. I must say, I respect China greatly because it's amazing that with a system that, in theory, shouldn't work, you know, we go to school and we go to the best business schools, and we do well in those schools, and we read about free entrepreneurship,
Starting point is 00:34:33 and we read about all of these different things. But you look at China how well they do, how well they manufacture. I mean, they manufacture cars so many. that they actually have a contest for who can manufacture the least cars because they have so many cars. You have to have great respect for China for the job they do. Like them or not like them, you have to respect them. It really does break the brain, you know, watching a man not figuratively, literally destroying the world, setting the world on fire. And I mean that in the most literal sense, destroying infrastructure all across the Middle East, talking about how, you know,
Starting point is 00:35:12 if you elect Democrats, they're going to destroy everything. It's fucking wild. All of these guys, Marco Rubio literally going on and being like, you know, if the Iranian government would have just invested in their people and instead of weapons, we never would have been in this situation. It's like, brother. Please. Brother.
Starting point is 00:35:30 You cannot. At the end of the day, I think that if there are people in Iran who now, given everything that's happened, are willing to move in a different direction for their country, that would be great. Imagine in Iran that instead of spending their wealth, billions of. a dollar supporting terrorist or weapons had spent that money helping the people of Iran you'd have a much different country
Starting point is 00:35:48 so we are always hopeful that that would exist over there. You can't. It's not fair to do this. If I were interviewing I would say excuse me sir. And I was sitting over and scream. It's too much. It's fucking ridiculous man. And you know, Trump's thing
Starting point is 00:36:04 about China yes sir you want to know like because China has I don't know respect for its own people and a desire a the government doesn't want to just try to fuck its people there you know
Starting point is 00:36:22 they want to invest in them they want to do it properly they want to provide people with what needs to be done to make society good for everybody they're also clearly forward looking I mean yeah instead of just like every man for himself fuck you fuck you fuck you bitch Helping other Lib
Starting point is 00:36:41 Yeah, Lib Luser Let's let Instead of letting corporations Just absolutely ransack us They build high speed rails And they don't Um
Starting point is 00:36:51 They it's just Every day I wake up And I ask God Why he let Iran Invest in weapons And not its own people We never would have been in this fucking mess
Starting point is 00:37:01 And then lastly Here's this great clip I mean this one was This one is just Seeing right now What is missing in leadership? Well, it's winning. You got to win. You know, I've watched a lot of people, leaders, great leaders.
Starting point is 00:37:15 And, you know, the one thing about sports is you break it down into, you know, a two-hour period, something nice. You don't have to wait a lifetime to find out is somebody a winner or a loser. You've got a lot of losers, mostly losers, fortunately. It's a good thing to have a lot of losers. I always like to hang around with losers, actually, because it makes me feel better. I hate guys that are very, very successful, and you have to listen to their success, too. I like people that like to listen to my success. Just an absolute loser.
Starting point is 00:37:45 Just a fud. On a biblical scale. Just the most anti-Christ type of personality. Yeah. And look, this stuff is, we're getting hit with this stuff already. I mean, we are very lucky. I've already said this, I think, in previous weeks, because we're getting the high gas while other people are going to get shortages.
Starting point is 00:38:06 But that has a massive impact on people. We have like a massive precarious class. CNN is already running articles like fuel versus food. These Americans are cutting back to afford higher gas prices. And it's honestly just so sad to read. It's, you know, the first woman is just talking about how she's skipping lunch to save money, save enough money every week to, to, you know, absorb the costs of the higher gas prices. And that's going to just continue to get worse. We are not seeing the massive shortages yet in places like Europe, but they are, I think the European
Starting point is 00:38:47 Commission has urged people to work from home, drive, and fly less, and for EU countries to urgently roll out renewables as it warned of a prolonged energy crisis as a result of the conflict in the Gulf. You're seeing, I think, South Korea already instituted, they're already having it for their for their public workers. They have the The last time they did it was during the Gulf War, 91. Basically, if you have a license plate that ends in a odd number,
Starting point is 00:39:16 you can drive this day. If you have an even number, you drive the next day. They've already told people to take shorter showers. It's going to be bad. Well, Iran, we should get down to what's going on now. What's going on today? Um, the Iranian parliament, the Speaker of Parliament has been really, really active on Twitter. And he's had, uh, he's becoming more and more popular and more outspoken, almost to a curious
Starting point is 00:39:53 extent because his commentary feels like, I don't know, if this guy's, if English is presumably a second language, he's got such a, a command over the, the lingo, you know? I mean, he could have someone writing it who's a, who's more familiar with Americanisms. But he's basically calling out Trump and his whole game and he tweeted, heads up. Premarket, so-called news or truth is often just a set up for profit taking. Basically, it's a reverse indicator. Do the opposite. If they pump it, short it.
Starting point is 00:40:30 If they dump it, go along. See something tomorrow? You know the drill. That was Sunday. That was, believe that was Sunday. Sunday afternoon. And then Monday morning, sure enough. Donald Trump was was tweeting some bullshit about the memes.
Starting point is 00:40:46 Donald Trump was tweeting some shit about how we're making progress. But it's important to remember that guy's not in power. And then did you see what the Iranian embassy in London said? No. The Iranian embassy in London said that the coffin industry in the United States is on the threshold of its golden age. if we were to invade if we were to invade you know Carg Island
Starting point is 00:41:13 but um so have you I'm sure you've watched the little Lego the little Lego movies they're making the Lego AI movies that they're making they go extremely hard yeah I'm not a big AI slop guy but I will
Starting point is 00:41:26 when they release a new Iranian Lego movie I'm seated so that's the thing so let's get into our predictions about what we think could happen what's really happening. I,
Starting point is 00:41:40 because it's basically at this point, he said she said thing. Donald Trump says one thing, Iran, depending on who's speaking, says a totally different thing. Iran is basically saying, there have been no official talks.
Starting point is 00:41:57 We don't trust the United States whatsoever. And Trump is saying, oh yeah, the new people in charge are totally reasonable. We're making all kinds of progress. and I mean I was saying to you the other day yesterday that it's not that I it's not that I think you're hope maxing I'm not hope maxed well kind of kind of so let's I think in the context of what happened today it probably will help because the market did bounce really really hard today
Starting point is 00:42:29 really hard really hard and there's a couple things at play it's the end of the quarter so a lot of pension funds and a lot of hedge funds and a lot of just traders out there are rebalancing their portfolios, getting into stuff that, uh, that, that's cheap. And then there's this thing called the JP Morgan Collar. Have you heard of this? No. It's basically a massive hedge that J.P. Morgan puts on the entire market. They do like a, they basically hedge against their massive, massive multi-billion dollar portfolio. And with them putting that on today, a lot of traders kind of piggyback it
Starting point is 00:43:12 and there's all sorts of reflexive flows that just kind of push everything up. And then mid-morning, this was fascinating. Mid-morning, you had a headline just start fly. I see the spike all of a sudden. I see the S&P just jump. It's already been up like 1%, 1.5%. and it jumped significantly more.
Starting point is 00:43:33 And I'm looking and I'm looking. And a lot of Twitter accounts will take newswire stuff and just repurpose it for Twitter. You know, that Walter Bloomberg guy that we've seen. And it said Iranian president, what was it, Iranian president wants to end the war. But just wants reassurances. Yeah, reassurances. Which I do think is out of context. It is.
Starting point is 00:44:00 So that's the thing. I'm looking at it and I'm going, okay, did he really say that? Holy shit. And I'm Googling it and stuff. I found one source from this random website from yesterday that had a longer interview with him. And it was a little out of context. He basically reiterating stuff we already knew that like, you know, fuck America. This is all bullshit.
Starting point is 00:44:22 Of course they want an end to it. No one is enjoying this. But by then, I mean, this was like 10 minutes after it was posted. everybody's just, it's getting regurgitated. Then actual Bloomberg picks it up. And everybody's just off to the races and the squeeze is on because so many people were short going into today. Everybody's like, you know, on one side of the boat and now it's kind of going the other direction. And it's just, it made me, I didn't get pissed necessarily, but there were some major trades that went off a few moments.
Starting point is 00:45:00 before those headlines hit, which makes me think, not like a Trump insider trading thing, but some of these big Twitter accounts that know that they are one of the bellwethers, yeah, that can move markets, especially when the markets are looking for just the right thing, I think that they bought a bunch of call options and then tweeted that stuff that is accurate, but it's just a day late that nobody saw and nobody. was talking about. A little misleading. Massively misleading.
Starting point is 00:45:34 But that's the thing is we are now getting into this phase of things where when everybody's talking about it and everybody is concerned, all of that is baked into the pie. And that doesn't mean that these things can't happen. But just in terms of the market, the stock market, because if you're, you know, if you're looking at stuff in the next couple weeks and you're like, holy shit, why is the market up? when all of this stuff is happening, it's for that reason that, like, if everybody's had enough time to kind of digest this stuff,
Starting point is 00:46:07 these bad headlines begin to lose their efficacy over, it's like COVID. Back when we started bouncing off COVID, then you had like Omicron and all sorts of new shit coming out. The market didn't care because it was like, it's already been priced in. And the higher we go, the more people bet against it. And then that just becomes more fuel for more highs.
Starting point is 00:46:28 And now everyone's just waiting for, any kind of good news. It's like when you texted the Wall Street Journal thing last night, I was like, great, I'm so happy. Like we're going to, it's all, which is like I shouldn't be because even if we're still going to get hit with something, it doesn't matter.
Starting point is 00:46:46 There's going to be a massive disruption. We've already obviously talked about the helium thing. Aluminum, there's all of these different things. The helium things are going to be brutal. Obviously, we don't know shit about the semiconductor manufacturing industry
Starting point is 00:47:01 and stuff and what bottlenecks are legitimate and stuff. The helium thing is real, but there were certain people. I was asking, I asked Citrini last night. I tweeted him and I was like, hey, man, what do you think about this helium thing? He's like, I'm not worried about it in the least. Did you say why? No, but someone else was also tweeting about it and saying like, it's really not that big of a deal. There's, yes, helium is used in these processes, but even though it's a bad thing, it's
Starting point is 00:47:31 there's enough other sources elsewhere and I don't know but it also could just be I don't know maybe they're wrong you never know it's really it's really it's really so confusing but yeah Donald Trump this could be his fucking Vietnam I don't know if he has it in him
Starting point is 00:47:52 a narcissistic his fucking narcissistic personality disorder is he capable of just saying oh you know what Yeah, this is a loss. Can he take the L? Yeah, I mean, I just, yeah, I find it massively interesting. As someone who likes history, this will be a, unfortunately, this will be a thing that people, in decades, people are going to try to understand how this even happened. And you get to live through it, which is exciting for you. You get to watch it unfold in real time.
Starting point is 00:48:26 I don't think it's going to be as Vietnam. I think it's going to be, it's going to have much greater It's going to be his Iran. It's going to be a new benchmark. Yeah. Everyone wants to, everyone wants to be like, and I'm guilty of it too. Everyone wants to be like, this is like in World War II. This is like in whatever. This is fascism like in Germany. It's just a new thing that you get to experience. It's, we don't know what's going to happen. But you are watching some unprecedented things, like, that you just, that we never could have imagined happening. Yeah. all for nothing.
Starting point is 00:49:04 That is the craziest thing. This was all for nothing. Truly because I think maybe he got drunk on the Venezuela thing and all of the like Ws he was racking up. I think that Trump truly when he's talking about, because I'm sure people have seen the reporting where some AIDS are also leaking the fact that he was saying he was getting bored with Iran. And then between this thing of when he's willing to walk away, I truly think by this point
Starting point is 00:49:32 Trump was expecting that him and Marco Rubio were going to be on TV talking about their latest victory in Cuba. And he's like, why the fuck am I not, why am I not, you know, drinking a mojito right now? Well, he's a teetotaler, but, well, you know, why is Marco Rubio not drinking a mojito on, in Havana right now talking about how we save them from the radical commies? Yeah. But instead he's getting yelled at by everyone because, you know, he throw airport in London. is like, I don't know, we might just have to ground all the air travel if it gets to that. Okay. What I'm about to say, I want to preface with, this isn't something that I'm saying is good or that I, it's just my read on it, potentially.
Starting point is 00:50:18 But, oh, hi, buddy. We're seeing a lot of really blustery talk from the Iran side, particularly from the IRGC, whereas the president of Iran is, you know, he's a little bit more soft about it in his messaging and a little bit more level-headed, quote-unquote. But with the Lego AI memes and the Speaker of the Parliament talking like that. And with the IRGC stuff, I do think they've gained a lot more power, which when we're talking about this was all for nothing and like them talking about regime change. Right. They went from, they killed the old-ass Ayatollah who, had a religious fatwa against racing to a nuclear weapon and now they've installed a more radicalized one who's had his family killed. You cannot even begin to imagine how big of a fuck-up
Starting point is 00:51:12 this is. So that's the thing. I think we as outsiders looking in have no real grasp on just how powerful or powerless these new leaders in Iran are, what their capabilities really are. We have a little bit of an idea. A little bit. There are things, when I'm talking about stuff, I can't even begin to fathom. I was telling you about, you probably know the name of that, that giant radar plane. Yeah, like, E3 or EC3, whatever the fuck it was. This giant $300 million plane, you know, at first, the reporting is that it had been damaged. We'll insert it, we don't need to look for it now. We'll insert a picture here of what it looks at. It hasn't been, it's been, it's gone. It's unusable forever.
Starting point is 00:52:03 You know, like, could you ever imagine a... Right. So a couple things. That's one. That's one. That's not one. We've had, what was it, three F-15s that they said fell out of the sky. Sure.
Starting point is 00:52:18 F-35. That's another. That's two that I'm counting on my hand. No, that's five, right there. That's five. Oh, I mean instances. I'm grouping them together. The USS Gerald Ford had to dock in Crete because it's inoperable for the next two years.
Starting point is 00:52:33 That's three. Right. Yes. The Abraham Lincoln is being chased out of the Arabian Sea. All I'm saying is that it's... Right. All I'm saying is that these are things where it's not like the entire... Sure, but these are things that we could never even fathom happening. Sure. Right. But I'm saying that we're not getting our asses absolutely kicked. We are still very much... we have air superiority we've got and i think that as we were just talking about a couple months ago the terrifying power of the palantier uh what do you call that um military industrial fucking over digital
Starting point is 00:53:17 overlord god's eye view thing that they've got sure is probably feeding intelligence to trump and his cabinet things that we obviously are fully not privy to. And I think that Iran is doing a great job of presenting to the American people via social media and to the world that they are a lot stronger than they might actually be. And that doesn't mean that they can't put up fights and they can't do damage. I don't think that they're like I'm not getting the impression that they're strong. Like I was saying before, I understand the limitations. And this is complete asymmetric warfare.
Starting point is 00:53:55 You're talking about a country with like a $10 billion defense budget, and then you're talking about our trillion dollar plus, and they're just ramming $30,000 drones into them. Right. And it's just decimating our like $300 million dumbass radar plane that we never expected to use because all we were was this weird, bloated, Cold War industrial defense thing that was never actually supposed to, you know, go into... It's not built for this.
Starting point is 00:54:22 Yeah, it's not at all. Yeah. And so I'm like, I'm not like, wow, they're so strong. I'm like, wow, we are a, it's a paper tiger. It'd be like trying to take on a swarm of fucking mosquitoes with a gun. Sure. Like, okay, yeah, you start blasting. You're going to hit some, but man, you're going to get big.
Starting point is 00:54:41 And you're talking about like air superiority. I don't know if you've seen that guy, Robert Pape, who's come into prominence again because of, he wrote a book a long time ago called bombing to win. and it's talking about how you can't, if you want to do regime change or anything like this, you can't just drop bombs. And he's basically, he's basically goes, he basically goes through and he's like,
Starting point is 00:55:03 we don't have a single instance where that was a successful way to go through regime change. So they can continue to carpet bomb, Tehran, anyone who's familiar with history, we dropped a lot of bombs in Vietnam. Yeah. It did not achieve the goals we were going for.
Starting point is 00:55:29 What I'm, right, I agree. I think what's like what's, I think that as the clock is ticking and both sides are feeling the pressure and the squeeze, it is also, it's not asymmetric because obviously Iran is in a tough position and they know that they can't keep this up forever and um it's kind of like a all right if you want to keep hurting us we'll we'll take it because we can handle it we've got nothing to lose iran or iran yes yeah they're also fighting for their survival right they're not they've got everything to lose right well like nothing and everything at the same time but uh yeah i just think that i just feel like there's we're more likely close to a de-escalation at this
Starting point is 00:56:22 point than we are to further escalation. I hope. And I think that are... I hope you're right. I mean, I don't want... This is... And I think that there's just a lot of bluster and posturing on both sides that are taking place. But behind the scenes, cooler heads, China, Pakistan, are really trying to make sure that this all gets resolved where everybody can at least feel like they've won. Trump is so easy to appease and make... him feel like he's coming out on top. And Iran, Iran's,
Starting point is 00:56:57 man, like I said, just let them fucking collect the tolls that they want to do. And then they get to use that money and, um, rebuild. So what?
Starting point is 00:57:07 That they've now got control. They've got more control over the thing. Yeah, you, God, I just wish that. You know, I just don't know if it's as simple as that.
Starting point is 00:57:14 I mean, okay, collect some tolls. We decimate, like, not just their oil infrastructure. The latest thing was their, their steel infrastructure.
Starting point is 00:57:20 everything. Yeah, they don't trust us. That's why that's why I'm hoping that we can get some kind of mediation going on here. Yeah, there's got to be a way out of this. It's obviously,
Starting point is 00:57:38 I mean, I'm just very worried for any any developing country, any poorer country is going to have, I think, severe impacts. I think it's, you know, and a lot of these countries in Europe who are Southern Europe
Starting point is 00:57:53 has not been having a great time in recent history all these places that are saying no to having their bases used Italy, Spain you know obviously I think about my own family
Starting point is 00:58:08 in Greece and stuff it's like they're going to be very hit very hard it's very disorienting talking to people being like I booked my I booked my flights for
Starting point is 00:58:21 Greece in June or July or whatever. I'm like, okay. That's not a thing. You know, I'm annoyed because I can't, at least I'm not making any plans to go see my family anytime soon because it doesn't seem like a great idea. And if anyone who's traveled there, they probably know. These countries, they run differently than the U.S.
Starting point is 00:58:48 There's always, if you've been to Greece and you were able to, like, escape a weird cancellation of a ferry or, or any kind of disruption, you're very lucky. But with all of this going on, I mean, I don't know how you're going to get your ass on a ferry trying to go have your little Santorini Mekanos vacation. You know, people have gone like, oh, I'm going to, I'm going to Sicily. I'm like, are they going to have fuel to get the ferry over there? It's, it feels like a lot of people are living in different realities right now, but, but I hope this, I want this to all be resolved. I just think, I guess my takeaway for people is I want them to have a sense of what to look for. Because the market is always giving clues.
Starting point is 00:59:43 and if you want to, you can follow the price. Just Google like Brent Oil Price, you know, or WTI Oil Price. And if you just start to see if it's going down today. Yeah, yeah. I mean, it dropped on this. I think a lot of this. Yesterday was 114. Now we're sitting at 103.65.
Starting point is 01:00:04 It's a nice. That's a nice. That's nice. But there are, you know, there's some bad things happening also. Are you Christine Nome's husband's giant fake? tits because that's nice. Inflation expectations have skyrocketed. Let's pull up that thing. Are you Christy Gnome's husband's giant fake tits? Is inflation? Is skyrocketing? In a sudden turn of events, U.S. 12-month inflation expectations have
Starting point is 01:00:31 surged to 5.2 percent, the highest level since March 2023. In just three weeks, markets have gone from pricing and rate cuts to rate hikes. Remember, folks, market want rates to go down. Market don't. like rates to go up. Oh my God. Wasn't it before the war? The Fed was basically talking about how we're going to have like consecutive cuts?
Starting point is 01:00:54 Consecutive cuts? Yeah. Well, now look at us. Jerome Powell was just giving a speech at, in front of some college kids, I think. And he said that they are just watching the situation in Iran and not acting yet. So that's good. Then you had this strategist from Apollo, which is another big financial institution,
Starting point is 01:01:11 saying that it's sentiment destruction, not demand destruction, that's taking place. AKA people feel bad and they're going to be like, damn, man, like you. Like, oh, what are we going to do? Oh, shit. But they're still going out and they're still spending like normal. So it's not yet. When they talk about the demand destruction thing, I'm like, what is that? You cannot destroy the demand for oil.
Starting point is 01:01:34 Right. I'm talking about the consumer broadly. Sure. But it's like, if you got to pick your kid up from. school. What are you going to do, go like, well, I actually don't anymore because of oil. Right. It's a sense, it's a vibe to quote Kyla Scanlon. It's like it's a vibes thing and might not necessarily translate. This might not be prolonged enough for it to actually have an effect on on. No, I know. I just think it's a weird way of talking about it. Like if, if,
Starting point is 01:02:07 that's just what this guy said. I just don't think it's like even, To talk about it as if it's demand, it's like if there was like some shortage of a component for TVs or whatever, so they got very expensive. It's like, yeah, sure. Okay, I don't need a fucking TV this week.
Starting point is 01:02:23 But if I got to go to work, how are you going to destroy my demand? I'm going to go sit in the lines and pay $8 a gallon. If it goes to $8 a gallon, I'll still fill my tank. Yeah, same. If it goes to $10 a gallon, I'll probably fill my tank.
Starting point is 01:02:37 Yeah. I'll probably walk more or take the damn bus. And, well, this guy also went on to say that this volatility, these few weeks of volatility will blow over, which is, all right, like I hope so. All right, a couple quick things. Did you see the post from Michael Saylor? Oh, with the weird AI. Holy shit. We have to play this.
Starting point is 01:03:04 So Michael Saylor, for those of you who may not remember, is the CEO of Microstrategy, now just called Strategy. And he's created these other entities, these other financial instruments based around it. And they're all so fucking convoluted. And one of them is this ticker STRC, which I guess promises like an 11% dividend, which is huge. Let's look at the first response. He keeps giving you hints, but you retards won't ever learn. And it says, too save. All right.
Starting point is 01:03:38 So it is this AI generated ad feature. a beautiful woman. Go for it. Are you on vacation here? I live here. I'm retired. I just don't think I'm meant to live an uncomfortable life. Wow.
Starting point is 01:03:53 How did you make it? I worked hard as an engineer to save money again. Then I put my savings into Stretch. What is Stretch? Stretch is a stock. Right now I get about 11% a year in dividends. Nice. Wait, let that song play, man.
Starting point is 01:04:13 I love the little. My God. Nice. And it's not, I think that's just the AI. Also very funny to in this moment use a woman, you know, like a digital nomad living on an island. It's the last. If you're a digital nomad watching this right now, I would try to come home. I would.
Starting point is 01:04:37 If you're like in Fiji or where do they go? Like Bali or something. Or you know what? Maybe if you're a digital nomad, I take that back. Stay where you are. Oh, there you are. Stay where you are, shelter in place. Shelter in place.
Starting point is 01:04:52 So there was that. I really thought that was funny. There was one more thing. Go to the guy. I wanted to share with you guys this fellow's response to my tweet about Tesla. I tweeted about Tesla last week and Elon Musk. And this guy, KC. Chieffen, at KC. chiefen gas. responded to me and said,
Starting point is 01:05:17 it was a negative tweet that I made. And he said, let's see the original tweet. So you can at least have the context. Just scroll up. I said, it's unreal how Elon can keep dangling his keys in front of his infantile fanboys.
Starting point is 01:05:29 And they just keep drooling and clapping. And this guy wrote, success pisses you off, loser. Huh. And then someone else responded, found the dick writer. And then this guy responded again, found the loser leftist
Starting point is 01:05:41 that adds zero value to the world. There's also ironically gargling my nuts right now. Ironically. I'm giggling his nuts ironically. I want everyone to know that. Someone else said, is that your fantasy? And then Casey Chifen said, get back in your Xbox loser. Loll gamers, like you are leftist losers because the outside world is too stressful to be seen in. You're likely overweight and hate yourself. Enjoy that, fatty.
Starting point is 01:06:06 Cry more. Hurry to your safe space, gamer boy. What the fuck? I just thought that was amusing. Casey Chieffin, man. Hey, keep chieffin that stuff. Keep chief in it, dude. Did you see... Ask me if I saw one more thing. Well, there's just been so much, but Mark Andriesen with retard maxing?
Starting point is 01:06:25 I did not. Well, sir, here you go. Here's Mark Andresen. That's what I'm saying when there's too much stuff going on. I'm like, okay, you guys, you got to go over here for now. I can't deal with you and your shit. Enjoy this. You'll like this.
Starting point is 01:06:40 Retard maxing is totally politically correct because retard is no longer... I mean, we now have 18 other, we have 18 other terms that apply to people. who were like, you know, developmentally disabled. And so like retard has long since, it now means, it now means something completely different. And it turns out what it means, specifically in the context of retard maxing,
Starting point is 01:06:56 well, let me explain why I came across this. Can you pause it for a second? The internet meme. It's so, we talk about it all the time. Wow, he's so cool. But that brief moment they had of,
Starting point is 01:07:06 of cultural relevance, that, that like, post-election glow, where they were like, sorry, been a culture shift, there has never been a swifter like
Starting point is 01:07:17 you know I used to know like normal guys who were like yeah it used to just be fun when you could say like retard and gay or whatever who are now just like ew like these guys are horrific overdoing it the entire culture you guys have just you're horrible that no you're so off putting
Starting point is 01:07:39 you guys squandered any kind of goodwill they're like guys that how do I phrase this? Just guys that are late to to a meme or a joke or something Oh like I can see him being like It's like that chill guy meme You remember chill guy?
Starting point is 01:07:59 Or like making a fucking Chuck Norris Oh did you Chuck Norris doesn't die Heaven heaven You know levels up or something like that Just like shut Chuck Norris can slam a revolving door Oh yeah
Starting point is 01:08:12 Cool dude Oh did you hear this one? Shut the fuck up. So I don't even want to play the rest of it now. He just sucks so much shit. Well, I think... What? The problem?
Starting point is 01:08:24 What? These guys, they may not have the cultural power, but they do have the actual real power. So, enjoy that. That's our one consolation. They'll never get to be cool. Yeah. No, they really won't.
Starting point is 01:08:39 Let's see. Let's go to the comment of the week, shall we? That's a nice place to stop it. I put a screenshot in the slack. By the way, we didn't even get to Cash Patel having his email account hacked by the Iranian.
Starting point is 01:08:53 Which is... It's beautiful. It is beautiful. Sniffing a cigar. They found this, like, porn. Also, anytime this stuff happens, I'm like... I don't know.
Starting point is 01:09:08 Hackers do this every so often where they're like, look what we can do. And I'm like, go for it then. Release the Epstein files. Delete everyone's medical. debt. Well, it kind of stops. It kind of stops it.
Starting point is 01:09:20 Like, they hacked his Gmail account, which is still pretty cool. I mean, hack Donald Trump's, you know, do. Yeah. Do something, man. Yeah, they, uh, they said, if we can do this with your highest, you know, person in your FBI, imagine what else we can do. Uh, yeah. So the comment of the week is, um, from surfing jam cribs.
Starting point is 01:09:44 Oh, boy. It's Christian Finance Hour. on YouTube. And I really like that because that's a major, major throwback. Major throwback. We're doing vintage style stuff. Back when we were the number one Christian finance podcast, which we still are. The market is back. It rallied two and a half percent today. We've never been so back. We're never going to die. Did you see that TMZ is ramping up their political? That is fucking awesome. And everybody's... You like that?
Starting point is 01:10:10 Everybody's rallying around it and saying that it's a good thing. I think it's great. Hold those bitches to account. How are they, what are they going to do? I don't know. Shamed them. Shame them. They were showing Lindsey Graham holding a bubble wand at Disney World. Dude, that's what scared me.
Starting point is 01:10:28 The reporting that Lindsey Graham said that he's telling Donald Trump to start winding this down. Why does that scare you? Because this is the most hawkish man in the country, maybe. His whole thing was like the make Iran great again. Like, let's do this. He's been pushing for war in Iran for God knows how long. what has he seen that he's like actually wind it down? He's probably seeing the sentiment in the fact that nobody is happy with this.
Starting point is 01:10:53 And that, oh, shit, maybe this is a bad idea. Do you think that man gives a shit about sentiment? I think when the midterms could be in jeopardy. Come on. I don't know, maybe. I don't know, maybe. The man who's literally in Disney World right now as... I'm having a great time.
Starting point is 01:11:08 I've got my bubble wound. But now for the first time in his life, he's making a, he's making a... blame off of sentiment? Well, what do you think he could have seen? What an actual disaster this is? So when you're talking about like the hopeful, you know, rosy outlook of America's military might? Not rosy outlook. Just, it's, it's, we're not as weak as, as we might think, as we know, you know.
Starting point is 01:11:40 because we do have these tools and shit that are far, far, far, far more advanced. But again, it's like having a gun to a mosquito fight. We're going to shoot the mosquito with a gun? Imagine a guy trying to shoot a mosquito with a gun.
Starting point is 01:11:56 And it's Christine Nome's husband. He's got those big fake tits on. And he's shooting it, and they're just bouncing all over the place, and it's turning him on, so he's getting a boner because he likes shooting guns and feeling the titty.
Starting point is 01:12:10 these pounds. Man, that poor bastard, man, just every... He's the main character today. He's the main... Hardly. There could not be a better... He was the main character for 15 minutes.
Starting point is 01:12:21 There could not be... There could not be a better time to fight for everyone to find out that you like putting on big fake tits and as Christy Nome's husband. And just the... Because I think most people are like, there's too much...
Starting point is 01:12:33 I cannot think about Christy Nome's husband right now. And it's like one thing if you're the main character for cheating on your wife or, you know, being a racist or something. I think it's cool. I think it's cool that he does this. I like it. I like it too, but fuck, dude. Because he even acknowledged in some of the DMs that were leaked between him and the bimboes, that's what they call themselves.
Starting point is 01:12:55 Because that's the whole thing is their giant fake boobs. Did you see a couple times? He was like, I really love my wife and I'm going to try to get better. And then he would just like disappear. Which is sweet. Yeah, because he's like, I reckon that shows that he's embarrassed and he has shame. No, but he shouldn't. I agree, but in the context of a marriage... I like that he loves his wife. Yeah. I think there should be a world where he loves his wife and he can still be married to his weird dog-killing, horrific woman of a wife.
Starting point is 01:13:24 Woman of a husband? She is a woman of a husband. Someone... Oh, God. Oh, God. I didn't see that one. Oh, brother. What is this one, though?
Starting point is 01:13:35 What is this fetish? I want to be clear. There's nothing wrong with this, and I like it. I don't mind. It's fine. Like, it's something I might get into. I'm not, this is like that, that, that meme of the, the, the, the guy sweating, pressing, picking which button, it's like, do you kinkshame the guy or like, what is there to kinkshame? This is great.
Starting point is 01:13:57 It's just a bummer all around. Wow, is that young Christine Nome in a cowboy hat? That is, yeah, Christine Brian. His name is spelled B-R-Y-O-N. God, if Polly Markman. If Polly Market existed in 1992 and I could have bet all my money on whether or not Christy Gnome would have been wearing a cowboy hat to her wedding, I would have been a rich man. That's a fucking 10-gallon hat if I ever seen one. I would have been a rich man.
Starting point is 01:14:22 And then she was getting plugged and wheelbarrowed around by Corey Lewandowski, which sucks. This poor guy, man. Seems like there's a lot of stuff going on in this marriage. I hope he doesn't kill himself. Why would he? Because this is so humiliating. It might turn him on, though, because this is. this is so humiliating.
Starting point is 01:14:40 I'll tell you what, a man who loves big giant boobs that much. But wearing them. Never kill yourself. And becoming them. It's such a strange thing that he also wants...
Starting point is 01:14:49 I don't find it strange. I can really... I sometimes want the big boobs on myself. I like it. There you have it, folks. I like that he included the hard nipples. All of it works for me.
Starting point is 01:15:01 I wonder what they were under there. Balloons? Oh. Raisins taped to balloons? Well, if they were balloons, I guess you wouldn't have to because they have the little... The little nipple on there anyway, the little butthole.
Starting point is 01:15:12 Yeah, which is nice of balloons to do for you. Yeah. And, hey, there's a nipple included. I want to make sure we got everything, man. Did we get everything? Yeah, we couldn't possibly get everything. You couldn't possibly get everything. Yeah, we kind of did.
Starting point is 01:15:27 If you're still watching and you consider yourself one of the hos who is scared, don't worry, baby. One of the hoes who is scared. It's all going to be fine. Yeah. Your Euro vacation, the summer is not going to be disrupted at all. It's okay, sweetie. You're going to be
Starting point is 01:15:40 You're going to be You're going to be having so much fun In Portugal Don't even worry about it You're going to be having so much fun in Rome It's going to be a great summer In My prediction though
Starting point is 01:15:56 Because the market This is a short week Markets closed on Friday An observation for Easter Sunday I think that we're probably going to bounce For a week or two And then maybe see some lows again into the month of April.
Starting point is 01:16:11 But then I think as this thing winds down and as people, don't forget, don't forget people and the markets have short memories and short attention spans. And I think that as if this drags out, the headlines are going to have less and less of an effect on the markets.
Starting point is 01:16:30 If that's something that you're paying attention to, if that's something that you care about. That's just, that's old Benny Boy's prediction. especially as we've been now programmed to not believe anything. We don't know what to fucking believe. I think that's right. And we've been shown many times that the market is pretty detached from reality. Oh, yeah, 100%.
Starting point is 01:16:49 So, yeah, the market could be fine. But your gas might be $8 a gallon. Your gas, food could get way more expensive, travel. I think it's safe to say, go to Costco, go to the grocery store, you know. I don't like the people doing the... Hold on. It just scares me. whether they're like, I'm not even being a doomer.
Starting point is 01:17:09 I'm just saying, go ahead and get yourself 10 pounds of grain, a bunch of dried beans, get yourself canned vegetables. I mean, you should have that stuff anyway for emergencies, but it's never a good idea to go and just stock up. Just every time you go to the grocery store, buy a couple extra things. That's all. That's all. It's okay.
Starting point is 01:17:32 I don't want to do this, man. It's not going to happen. I don't want to do this. Don't worry. Everybody just, who me worry? You're talking about the COVID guy, all right? The guy who was like, everything's going to, I don't feel that way this time. Which I find so strange.
Starting point is 01:17:47 I just don't. I just don't. Because this is made. Because you're so market focused. I think when you were thinking about COVID, you were so market focused. You might not get the big market crash. Yeah. But we could get unavoidable, like pain.
Starting point is 01:18:05 But I think that I, because I turned to the market for more truth. And even though, yeah, you could have made that same argument leading up to the crash for COVID, it was like, well, the market was showing complacency until it fully was reflecting reality. I think that, I don't know, I just think that going into this whole thing. I also will say you never know. Like a lot of people were calling it in February 2020. But for a lot of just normal people, no one has. had any idea until it actually came upon us. Right. And the difference now being everybody's aware of this, everybody's, I don't know, I don't know. It feels that way like among online community,
Starting point is 01:18:45 like I was saying, you talk to some people who are like, we just booked our flights for, yeah, we're going to, we're going to the Amalfi Coast in July. We're going to Tehran. We're going to Tehran. We're going to take you, we're going to vacation in Hormuz. We're going to watch ships go by. Yeah. So that's where I'm like, I don't, I think we are pretty, hooked in online and I don't think everyone else is and so maybe they're living a different thing. Let's see what the market doing. Market is still up a little bit after hours. I mean, that's not. We also had a big volume day today, which is really, really good. That's what you want to see at a tradable bottom. And I think that that can lead. That is also conveying to Trump that the market,
Starting point is 01:19:27 which is what he ultimately, ultimately really, really cares about, wants and supports this thing to end as quickly as possible no matter what. And I think that he is prepared to start doing that is my hope. Is my hope. That is my hope among everything is that Donald Trump can just take the, walk away, brother. And you're- My hope is above everything is that he fucking dies. You don't even have to, well, I'm looking for like most realistic. Well, I guess it's not completely unrealistic, but just, you don't even have to actually take the, you can tell everyone it was your big win and it's a W. And she's that fucking pathetic video of him dancing with the sword, the Marines thing. And, and, uh, JD Vance going,
Starting point is 01:20:04 And his wife... She's like, can you believe this? Oh my God. God, you know she's going into the bathroom just going like... I'm fucking... You fucking shit. Yeah. God, I just want him to...
Starting point is 01:20:18 I wish he fell on that sword. I wish he did Sepaku right there in front of the world. That would be really cool for us. You know what I'm going to do? They said I couldn't do Sepaku, but I'm going to do it. I'm going to... Okay, anyway. We'll see you in the bonus, guys.
Starting point is 01:20:29 Ben Amielso.com. Bye, bye, bye. Coming up on this week's episode of Ben and Emile Show. sauce on size like our rock sauce like zip sauce okay no butter on stone's like our rock sauce well because it's like it's their rock sauce can you play that one more time which is like a zip sauce do you know what a zip sauce is it's their zip sauce dude i don't know it's like it's like it's like a zip sauce okay sounds good thank you okay i'm googling what is zip sauce if you went to a thing and they were like this is our smoke seasoning it's like an old bay
Starting point is 01:21:08 you'd be like what the fuck's an old day yeah you know what's great is you then can ask them what's old bay or what's zip sauce it's not like you're stuck damn I don't know what that is shit there's no way of knowing how this sauce will taste I'm on their menu now
Starting point is 01:21:27 Also, I'm not upset. Well, to be fair, they're all, they're, it looks like all their locations are in Michigan. So it makes, oh, yeah. So that certainly is fair. You are the 10th dentist in life. I'll be watching a baby. But you don't realize you're the 10th dentist. That's the problem.
Starting point is 01:21:44 Sometimes I'm number nine or number seven. You know what you're the 10th dentist, but you don't realize it. No, that's not true. That is true. I think your life would be a lot easier if you knew you were a 10th dentist. Brother, you know that I have very regular normal opinions on other things. You have a lot of my guy. Tenth dentist stuff, but sometimes I'm number one dentist.
Starting point is 01:22:03 You came home from China and said, I just kind of thought the food would be like Chinese food in America. It was kind of disappointing. You don't understand. It was all fucking hot pot. And it was just like, oh, yeah, here's some fucking boiled chicken. You're the tent dentist. And that's okay.
Starting point is 01:22:17 I think that's the thing. Did you watch Entourage? No. You didn't watch Anturis? You make it sound like I watched it this week. Did you watch Entourage? Did you watch Andro? No.
Starting point is 01:22:27 That is a 10th dentist activity. Watching entourage or not having seen it? Not having seen it. When I was that age, everyone was watching entourage. It's like you've never watched Game with Thrones because you're the 10th dentist. Fuck. Well, I'm watching Mad Men, so that's a 10th dentist. Had you not seen it before?
Starting point is 01:22:47 No, I hadn't. 10th dentist energy. We all watched it when it came out. Did you see the Subranos? Ten dentists. but.

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