I believe in a religion that makes sense. But as soon as people start playing games, I stop. I stop playing games. And at any moment... not my words, not my rules, I just enforce them. It s everything. Not my words I enforce them it s warming up everybody dare to evolve we re good to go this is from your biggest Boston fan. May you one day see the light. May you see it soon. This is from a Boston fan to your biggest Protestant fan may you see light soon and may you grow up to see it too love you too. xoxo Xoxo, & Love you too, but I m sorry but I'm sorry, I believe in religion that Makes Sense But As Soon As People Start Playing Games, I Stop. I Stopped. I Stop Playing Games. And At Any Moment And at Any Moment... Not My Words, Not My Rules, I Just Enforce Them. I stop So... Let s hit that yay button Okay... XOXOXO, XOXO Thank you for listening and supporting this podcast. Love ya. Xxoxo XOXo, XxOXO XO, YXOXO xO, XO. - - XO - xOXO - X xO - YXO - xO - xo - X - YO, xO xo, xo - EJ - - - Xo - X, XO X, x, X, -X, XA, XS, XB, XC, XJ, XG, XH, XM, X , X, Y, XP, XD, XL, XV, XE, XU, XK, XR, XF, XN, XY, X-S, YA, YS, , , Y, YB, YT, XX, YC, YH, YJ, YE, YNX, and X, etc. - , etc, etc, XT, etc etc, YK, etc., etc. X,X,XO, etc... - XA
Transcript
Transcripts from "America First - Nicholas J. Fuentes" are sourced from the Knowledge Fight Interactive Search Tool. You can also explore and interact with the transcripts here.
00:40:38.000And so now in this next phase, I guess you could call it in a global pandemic with coronavirus, we are now looking at the virus developing in South Korea and Italy.
00:40:50.000And it's obviously spreading other places as well.
00:41:49.000People are instructed to only travel for work.
00:41:53.000So it looks like things are getting a little crazier out there at least in Europe.
00:41:58.000Maybe it's more under control in Asia but at least in Europe it's getting pretty bad.
00:42:02.000So we'll talk about the spread of the virus but the really big news tonight is not even so much about the virus itself it's about the economy.
00:42:09.000Today the stock market plunged again and we saw a stock market plunge last week but the the plunge last week was like two percent.
00:42:19.000I think when we watched it, it was either last week or two weeks ago.
00:42:23.000I'm not sure exactly the day, but we remember the stock market went down and everybody's freaking out over... I think the Dow Jones opened at negative 2%.
00:42:36.000The Fed announced that they were doing a rate cut, an emergency rate cut, to inject liquidity because of the virus to stimulate the economy.
00:42:44.000But today the stock market dropped by like six percent.
00:42:56.000It's still not like, you know, the Great Depression, anything like that, but a pretty dramatic plunge for the stock market.
00:43:03.000And this was not only because of fears from the coronavirus, but also because of a collapse in the price of oil on the global oil market.
00:43:12.000So, we'll be talking about everything coronavirus tonight.
00:43:16.000We'll be talking about the spread of the virus in Italy and South Korea,
00:43:20.000The President's reaction to the spread in the United States, what's happening with CPAC, and then we'll also be talking about the stock market and the oil price war between OPEC and Russia.
00:49:02.000The good news is, you know, for self-quarantining, if we're hanging out by ourselves,
00:49:08.000then uh you know that means more content right that means if i'm stuck in the house not like it's much different than any other time any other time for my whole life if we're stuck in the house hanging out that means more content you know honestly this whole coronavirus thing could have came and went the effect on my life is marginal don't leave your house unless it's absolutely necessary
00:49:31.000Oh, so in other words, literally nothing is changing.
00:49:35.000My daily life remains unchanged, unimpacted by the coronavirus.
00:49:41.000The government says, do not leave your house!
00:50:54.000I'm reading through this article, I'm looking for anything that I could put in this show tonight to make it a little bit interesting, and it's the same hit piece.
00:52:22.000You're in the system, and the minute you step off the reservation, you step out of line, you say or do things that make them uncomfortable, and you find yourself all alone.
00:52:32.000And all that camaraderie and all that friendly stuff and all the fluff, that all evaporates.
00:52:44.000It was very similar to the article, I think we talked about this as well last week, that Pamela Geller wrote.
00:52:51.000In Jihad Watch, that's Robert Spencer's website, Pamela Geller wrote this big long article about how Michelle Malkin used to be so great and what happened to her.
00:53:05.000And I'm reading through the article and it's, as I said, it's all the same.
00:53:09.000The article's about Michelle Malkin, but really it's about the Gruypers.
00:53:13.000It says, you know, here's Nick Fuentes, and here's the Groepers, and they're anti-Semitic, and they're homophobic, and one time Nick Fuentes said this, and one time Nick Fuentes said that, and Michelle Malkin supports these people?
00:53:58.000I've done, this is episode 560 of this show.
00:54:02.000The average length of this show is like 90 minutes, I would say.
00:54:07.000So just with this show and then I did maybe 70 shows on RSVN and I've done the gaming streams and I've done interviews and I've done okay so maybe like a thousand hours is like more appropriate but in any case if I've done a thousand hours of content over four years Media Matters, Right Wing Watch, the ADL, they compile a list of
00:54:31.000A half dozen things that I've said in 10,000 hours of, you know, 10,000, 1,000 hours of content.
00:54:37.000Here's a list, here's six 10-second clips where Nick said something that comes off as offensive or it's a little bit out there, a little bit politically incorrect.
00:54:48.000And this is the basis for all these articles, whether it's Bulwark, or it's Daily Wire, or it's Washington Post, whatever, even Fox News.
00:54:56.000You know, I remember during the Ben Shapiro fiasco at SAS at the West Palm Beach turning point conference.
00:55:03.000You remember when I confronted him in the street and everybody lost their minds.
00:55:08.000I remember Fox News did an article about that, and at first I was shocked at how fair it was.
00:55:27.000It said, yeah, conservative commentator Nick Fuentes confronts Ben Shapiro, and this is the context, and this is what happened, and blah blah blah.
00:55:34.000And I was just so floored that a mainstream publication wrote a completely fair article about me that I, at first I thought that, I talked to Millennial Matt.
00:55:44.000I said, Millennial Matt, did you write this?
00:55:46.000Is this some kind of like, I don't know, is this a blog post?
00:55:55.000And then within three hours they edited it to say, oh no, he's not conservative, no, now he's far right.
00:56:02.000And now we're also gonna put in three paragraphs about, well, Media Matters said he said this about the Holocaust one time, and he said this about black people one time, and he said this about X, Y, and Z one time.
00:56:13.000You know, so I'm reading through this Bulwark article, and I'm thinking, this is just, it's so boring.
00:57:16.000When I first heard that Michelle Malkin was going to speak to a bunch of anti-semitic racist and homophobic groipers, I thought, oh, that's where she's been.
00:58:48.000In other videos criticizing Shapiro, Fuentes fondled a switchblade, opening and closing it dramatically and flourishing it to emphasize his points.
00:58:59.000Needless to say, hostile signals were being sent.
00:59:02.000Only a very unwell person would find them funny.
00:59:06.000Dude, you know, these people fondling a knife.
01:00:40.000But, you know, the main thrust of this article to me, what my main takeaway is after reading so many hit pieces and all these things, is in the six months that the Groyper War has been going on, have we heard a single legitimate rebuttal?
01:00:58.000Have we heard a single good faith, fair, legitimate, credible rebuttal to our points?
01:03:05.000And what I did is I started a dialogue.
01:03:07.000I started to ask who I thought were my friends, who were ostensibly in the conservative movement, warriors in the marketplace of ideas, so why do we give Israel $3.8 billion per year?
01:05:58.000We've got a compelling worldview that more adequately explains what is happening to our country than what Charlie Kirk and everybody else is showing.
01:06:06.000That's why people are joining the Groipers.
01:06:09.000It's not because of my, you know, manipulative charisma.
01:06:13.000It's not because of our taking advantage, our abuse of internet memes and technology.
01:06:20.000It's simply because the worldview that we are...
01:06:24.000Promulgating the worldview that we are describing more adequately explains the society that young people are growing up in.
01:06:38.000And the reason why they're losing and all that they can come up with is the point, and it's just like that show we watched the other day, just like that Nazi hunters show we watched a clip from it the other day.
01:09:33.000They have a lot of tourism and travel in Asia.
01:09:47.000in Asia and they're doing fine and South Korea's got a handle on it and even in the countries that allegedly don't have a handle on it.
01:09:54.000Italy, Iran, it's not more than 10,000 cases in a country of 60 million in the case of Italy.
01:10:00.000So on the one hand you see the trajectory like I said mass transmission and maybe a high casualty count and on a technical level it qualifies as a global pandemic but
01:10:11.000Are any of us really at a high risk of getting it?
01:10:13.000Or is it really more the idea of overburdening hospitals, things like that?
01:10:17.000As I said, we'll have to wait and see.
01:10:18.000But we're gonna dive into the coronavirus.
01:10:23.000The virus and then we'll talk about the economy, because the economy's got a couple of factors.
01:10:28.000It's the coronavirus that's driving this economic downturn, but then it's also other factors like the oil price war between OPEC and Russia, which we'll get into.
01:10:37.000But first, I'll give you an update on the numbers here, the latest numbers.
01:10:41.000As of tonight, we've got 113,921 confirmed cases worldwide.
01:12:34.000They have discovered all the cases that exist in South Korea, or most of them, and when you discover all the confirmed cases, once you find out all the people that have the virus, well then you can contain them, you can stop the transmission for the most part, and then hopefully once everybody recovers, then you're good.
01:12:53.000And that's what they've credited the decline in the numbers to, is their ability to
01:12:58.000Determine who has the virus and who doesn't.
01:13:01.000That's really been the single biggest variable.
01:13:03.000In South Korea, the main difference between this country and other countries is that with South Korea, they had a lot of testing kits available.
01:13:11.000They made them available to everybody.
01:13:13.000They had drive-through testing stations, and they were giving out test kits to everybody who needed them.
01:13:18.000Tens of thousands of people were tested.
01:13:21.000And then they also set up clinics where people at a mild case of coronavirus could be treated and only the very severely sick, only the severe cases of coronavirus were treated in the hospitals.
01:13:33.000And so this combination of not overburdening their health care resources and testing everybody who had the disease, well testing everybody who was suspected of having the virus,
01:13:44.000This allowed them to contain the virus.
01:13:47.000If they know everybody that has it, they can quarantine those people, they can find out who those people have come into contact with, keep an eye on them, and if you know everybody that has it, you can shut it down.
01:13:57.000That's the big concern with a pandemic, is the transmission.
01:14:19.000That's what's making this truly intercontinental and global in nature.
01:14:23.000Is the high rate of transmission and it's for that reason.
01:14:25.000The high incubation period, the duration that it takes for the virus to die off on an inanimate surface.
01:14:32.000And in a lot of countries what's exacerbating those factors is the lack of testing kits or the inavailability of the testing kits.
01:14:39.000In South Korea they solve that by simply making more of them.
01:14:43.000Manufacturing lots of them and making them available.
01:14:46.000They find the people that contain them.
01:14:48.000The virus stopped spreading and that's a model that we should seek to emulate.
01:14:51.000Unfortunately, it doesn't seem like that'll be the case.
01:14:53.000But South Korea is looking optimistic.
01:14:58.000Trajectory of the virus in the United States is anything like in South Korea, then it seems like the impact of the virus won't be catastrophic.
01:15:07.000South Korea, the virus spread there for maybe four weeks, right?
01:15:12.000Maybe longer than that, but we really started to see the numbers increase exponentially over the past two to three weeks.
01:15:19.000Maybe it's been floating around there for five or six weeks, but, you know, really started to grow exponentially in, you know, recent weeks.
01:15:26.000If they reach the peak of the spread of the virus in a matter of less than a month realistically, then I imagine that if we could replicate that in the United States, then the effect won't be as bad as some of the doomsday people are saying.
01:15:42.000Have water in the house and, you know, food.
01:15:45.000It's good to have those things, don't get me wrong, but if that is the trajectory of the United States, if we could contain it in the same way, then clearly South Korea is not breaking down anytime soon because of the coronavirus pandemic.
01:15:58.000Now that being said, you've got a completely different story happening in Italy.
01:16:01.000You've got a tale of two countries suffering from coronavirus.
01:16:05.000On the one side of the continuum, on the one side of the spectrum, you've got South Korea, which has contained it, and on the other side you've got Italy, which Italy is now completely under a quarantine.
01:16:16.000And I'll read you an article about the quarantine.
01:16:21.000It says, quote, Italy will expand the lockdown of the Lombardi region to the entire country, according to Prime Minister Giuseppe Conte, as Italy's case count surges, making it the country with the most coronavirus cases outside of China.
01:16:36.000People throughout the country of 60 million should not travel other than for work or emergencies, said Conte.
01:16:42.000He added that all public gatherings will be banned and sporting events suspended.
01:16:47.000The decision was made to protect the most vulnerable people in the country and the measures will take effect Tuesday and last until April 3rd.
01:16:56.000He said, quote, the right decision today is to stay at home.
01:16:59.000Our future and the future of Italy is in our hands.
01:17:02.000You know, blah, blah, more politician talk.
01:17:04.000The nationwide lockdown is an expansion of quarantine measures rolled out over the weekend that applied to an area of the country that encompassed about 16 million people.
01:18:50.000I think Maine is not able to make them available.
01:18:52.000In New York they've only tested like a hundred people.
01:19:11.000In some states, like Florida, they're reporting that the test kits are faulty, that they're not working.
01:19:17.000They administered some of the tests to people suspected of having coronavirus, and some people tested negative, and then later they tested positive, they actually had the virus.
01:19:29.000And it's also not looking good because what's happening in a lot of these countries, as I said with South Korea, is it spreads when people are asymptomatic.
01:19:38.000It's highly transmissible because people can be asymptomatic for up to two weeks.
01:19:43.000And during that time, when the virus is undetected, or even if they have mild symptoms, even, you know, they might have flu-like or cold symptoms, and because we don't know who they are, because they're not being tested, and because there's not diligence about this, we don't know who the disease vectors are, so we don't know, you know, who should be suspected, who should we be quarantining alongside the people that have the virus confirmed or suspected.
01:20:06.000While these people are asymptomatic, they're shaking hands, they're touching door handles, they're touching railings, they're in airports, they're in restaurants, and so on.
01:20:16.000And so what you see in a lot of these countries is the virus will spread silently for two weeks when people are asymptomatic.
01:20:24.000And then thousands of people start to get sick all at once.
01:20:27.000That's the problem, is when there's not test kits available, when there's not diligence, there's not quarantines for travelers and people in contact with those with the virus, then it is spreading because of all these asymptomatic people and it's only once it gets really, really bad that you start to get serious.
01:20:43.000It's only once everybody starts to develop these symptoms, and they end up in the ICU, and they all go to the hospital, and the hospital can't take care of everybody, and we can't keep track of everybody that they came into contact with, it's only then that we start to employ the proper resources, which is testing, which is building new healthcare facilities, or taking care of the mild people outside of hospitals and ICUs, things like that, quarantining, keeping people
01:21:09.000Inside their homes, social distancing, things like that.
01:21:13.000It's almost like it has to be too late.
01:21:16.000We have to be past the point of no return for a very rapid spread of the virus for there to be serious measures employed and for people to take it seriously.
01:22:27.000Well, unless people are taking it seriously and maintaining the distancing and staying at home and taking the proper precautions, unless people are to some extent panicking, then you're going to get a spread.
01:22:37.000And when you get a spread, that's when people are really going to start panicking.
01:22:40.000And at that point, it's like too late.
01:22:43.000I'm sure in Italy, they were hugging and kissing and during the European thing, right up until you had 7,000 cases.
01:22:49.000And all the people that were panicking, well, they're vindicated.
01:22:52.000But if people were panicking initially, well, then we wouldn't be in this situation.
01:22:56.000So I look at the United States and as to whether we'll end up like South Korea where they've largely contained the virus or at least stabilized it for the time being or Italy where there appears to be no end in sight and dramatic restrictive actions are being put into place.
01:23:12.000I think that the United States will probably be more towards Italy and we'll have to see.
01:23:17.000There's only 500 and some cases in the United States which relative to the population is nothing.
01:23:23.000You know, there's 9,000 cases in Italy, a country of 60 million people, and there's 500 cases in the United States, a country of 330 million people.
01:23:32.000So, proportionally speaking, it's not a big deal yet.
01:23:36.000But you know that just like in Italy, and just like in South Korea, and just like in China, people have the virus and they're not being detected.
01:23:45.000They're not confirmed, and if they're not confirmed, and if they're not detected, they're not quarantined.
01:23:50.000And if they're not quarantined, then they're spreading the virus.
01:23:54.000And we're not going to know the extent to which the virus has been spread for another week or two, right?
01:23:59.000When all these asymptomatic people start to manifest symptoms, and they end up in hospitals, and the testing kits become widespread, and the tests become administered, and then people start to be confirmed.
01:27:01.000Something like this, the nature of it, is much different than common influenza, which we know all about, we know how to treat it, it's predictable, we expect it, and all the rest.
01:27:10.000So him going out there day in and day out and saying, nothing to worry about, it's all fake news, it's not that helpful.
01:28:48.000This could be a pitch for closed borders.
01:28:50.000This could be a pitch for reorienting our national security posture away from fighting Israel's wars and towards securing our own country against 21st century threats, which is not, you know, some farcical nuclear weapons program in the Middle East, but it's pandemics, right?
01:29:23.000There are so many different ways that you could frame this in a way that is helpful for America First, for nationalism, for immigration restriction, even ending the wars.
01:29:34.000You could make some kind of a pitch for a 21st century defense posture, national security posture.
01:29:39.000And he's out there saying, oh no, it's actually just fake news.
01:29:47.000Coronavirus panic breeds economic panic, and economic panic could lead to an economic correction, which could lead to a recession.
01:29:55.000And during an election year, that's the last thing the president wants, is the panic, the uncertainty, the fear in the market, which may pull the rug out from under the economy.
01:30:05.000That'll be a big problem electorally for Trump in November.
01:30:12.000You have a global pandemic on your hands.
01:30:14.000It originated in the second biggest economy in the world.
01:30:17.000Italy, which is a G8 country, is now completely on lockdown.
01:30:22.000The economy is going to hurt no matter what.
01:30:25.000The way that you stop that from or you mitigate the damage, you stop the damage from getting too out of control, is if you address the virus.
01:30:34.000If you say, okay, this may cause short-term economic pain but we're going to contain the virus,
01:30:41.000Maybe the stock market does go down because of fears of the coronavirus.
01:30:45.000But if you contain the virus and you prevent it from spreading in the United States in the in the medium to long term, and I'm talking about over the course of this year, the economic damage will be mitigated.
01:30:56.000The worst of it will have been preempted.
01:30:59.000But instead what's happening is because the crisis is being mismanaged and then downplayed, you're going to worsen the crisis.
01:31:07.000And the worse the crisis gets with coronavirus, the worse the economic reaction will be.
01:31:13.000So in reality, it's not a question of if we can stop the economy from getting bad.
01:31:20.000That's going to happen no matter what.
01:31:21.000It's a matter of when and how much the economy suffers from this.
01:31:25.000And the only variable that we have control over is the extent to which we manage and contain the crisis effectively.
01:31:32.000And if he had been doing that from the beginning, if we had shut down immediately the ports, and he's been saying, oh, I did shut down the borders immediately.
01:32:33.000That is technically our featured story tonight.
01:32:36.000So as a result of coronavirus, and it is in a big way the coronavirus, but also other factors, the stock market is now down in a huge way.
01:32:44.000And I'll read to you, this is a report from CNBC.
01:32:48.000It says, quote, global markets are plunging after the implosion of an alliance between OPEC and Russia, fueling panic triggered by the escalation of the coronavirus epidemic.
01:34:04.000An official a you know a confirmed correction in the stock market and this could precipitate an economic recession which could happen later on.
01:34:13.000This is what a lot of economists are saying.
01:34:15.000Economists told me that we were doomed for a recession in late 2019 and at some point in 2020 anyway.
01:34:22.000And now you've got the coronavirus and you've got the situation in the oil market.
01:34:26.000So you've got a correction in the stock market.
01:34:30.000You know, underlying the stock market doing badly is the fact that overall the economic metrics are pretty good.
01:34:36.000Unemployment, growth, all these kinds of things.
01:34:39.000Moreover, a lot of the businesses that are shutting down in China are now moving back to the United States.
01:34:45.000You know, we've had a trade war against China for two years now.
01:34:49.000And with the coronavirus on top of that, you're seeing a lot of manufacturing and other businesses, not just manufacturing, but a lot of other businesses are reshoring.
01:34:59.000They're coming back to the United States.
01:35:01.000So, I don't know what the effect will be on that.
01:35:03.000Maybe that actually could help the economy in the long run.
01:35:06.000The response to this by the Federal Reserve has been to lower rates, to inject more liquidity into the market.
01:35:14.000But to me, this doesn't make a lot of sense because there's already liquidity in the market.
01:38:31.000It just came crashing down as a result of that Russia and OPEC led by Saudi Arabia OPEC is what the oil and petroleum exporting countries I think that's what it stands for but it's a cartel essentially it's all the main oil producing countries like
01:38:46.000Saudi Arabia, Iran, Nigeria, Venezuela, Libya, Russia and OPEC made an alliance to cut production to artificially inflate and stabilize oil prices.
01:39:03.000Countries like Russia and Saudi Arabia, their economies are, and you may know this, they're built on oil.
01:39:10.000The reason that Saudi Arabia has so much money is not because of their economy.
01:39:15.000Their economy has been almost virtually non-existent up until very recently.
01:39:19.000Almost, I think like half their workers are from other countries.
01:39:30.000The Gulf countries like Saudi Arabia, Qatar, the Emirates, Kuwait, it all comes from the oil.
01:39:36.000Russia is different, but it's a similar situation.
01:39:40.000Their revenue isn't completely dependent on oil, but it's a big part of it.
01:39:44.000And so in order to fund their activities and fund the government, because they control so much of oil production, they can basically manipulate and control the price.
01:39:53.000And in controlling the price, they control how much money they get for their oil.
01:39:57.000Because Saudi Arabia is one of the biggest oil producers and they produce so much oil per day, they can choose how much oil they're producing,
01:40:05.000And in doing so, in controlling the supply, they control the price.
01:40:08.000And if they artificially raise the price, you know, as they're doing with Russia or had been doing with Russia since 2016, if they're cutting production, they're cutting supply, they're raising the price, if they get oil prices up to like $50, which is about where it's been, then that means they're going to get $50 per barrel and that will ensure a level of revenue for their government.
01:40:32.000Well what happened yesterday is oil prices crashed because of a falling out between Russia and OPEC.
01:40:38.000This agreement that they had made in 2016 basically fell apart where they had agreed to cut production and stabilize prices.
01:40:47.000Yesterday they came together in Vienna.
01:40:49.000It was King Salman and Russian President Vladimir Putin.
01:40:53.000They came together and met and what the Saudis and OPEC proposed was that they cut production even further, even steeper cuts to production to raise prices even further because of what's happening with coronavirus.
01:41:10.000China is one of the world's largest consumers of oil.
01:41:13.000When people are not going to work, when the economy slows down, they're not consuming oil, they're not buying oil.
01:41:19.000And when people are not buying oil, then the price drops, right?
01:41:23.000Because there's more out there, because the Chinese aren't consuming it, so prices are dropping.
01:41:27.000So because China's not consuming, prices are dropping.
01:41:30.000The Saudis propose that they cut production even deeper so as to artificially raise the prices temporarily to keep prices stabilized to where they were in light of the falling consumption because of the pandemic.
01:41:49.000Keeping oil prices high is actually going to help the United States.
01:41:54.000What high oil prices, what that does for our market, is that makes more expensive oil extraction techniques economically viable.
01:42:04.000When oil was $70 a barrel five or six years ago.
01:42:09.000It was only in a market where oil was that expensive where you could do the research and development and the infrastructure and the maintenance and everything for shale and fracking and these high-cost oil extraction techniques.
01:42:22.000It costs a lot more money to produce shale oil than it does to get oil from the Gulf of what is it from
01:42:30.000From the Persian Gulf that Saudi Arabia does.
01:42:33.000The oil that the Gulf states and that Iran gets is cheap.
01:42:39.000And so they can extract that no problem.
01:42:43.000It's only financially viable and economical.
01:42:45.000It only makes sense when oil prices are high and obviously you're getting a big return to make big investments in a shale and fracking and these kinds of things.
01:42:53.000So, the reason why you have this falling out between Saudi Arabia and Russia is a disagreement about the direction of the global economy.
01:43:01.000Russia has essentially said, and Putin essentially said, let's let oil prices fall.
01:43:06.000If you let oil prices fall, then this huge oil and natural gas and all this energy production that's happening in the United States, this makes it a lot less economically viable, it makes it a lot less competitive,
01:43:19.000Let's have low oil prices where Russia has cheap and easy oil, Saudi Arabia has cheap and easy oil, and we will undercut the United States market share over the energy market, over these raw materials.
01:44:00.000Saudi Arabia wants to raise the prices.
01:44:03.000to fund their government, and they don't see a problem with that because they're allied with the United States.
01:44:08.000Russia is not allied with the United States, and they can handle lower oil prices, so they don't mind seeing it go down, it helps them geopolitically, and it doesn't hurt them too much in terms of revenue.
01:44:17.000So in response to that, Saudi Arabia said basically, okay, you don't want to stabilize oil prices, you want cheap oil, then we'll give you cheap oil.
01:44:26.000So they're now going to start pumping out oil like crazy, and this is an article also from CNBC,
01:44:33.000It says on Saturday Saudi Arabia announced massive discounts to its official selling prices for April and the nation is reportedly preparing to increase its production above the 10 million barrel per day mark.
01:44:44.000The kingdom currently pumps out 9.7 million barrels per day but has the capacity to ramp up to 12.5
01:45:26.000Russia's in a little bit more of a precarious position.
01:45:29.000The big losers out of all this are going to be countries like Iran, Venezuela, Libya.
01:45:34.000Countries that are already hurting because of coronavirus.
01:45:37.000And also countries that don't have the money and the funds and the wealth and a diversified economy.
01:45:42.000to balance against a huge cut in their largest export, which is oil.
01:45:46.000So, that's the situation with the economy.
01:45:49.000A lot of people are saying it's corona, it's coronavirus, and it definitely is.
01:45:53.000Don't get me wrong, coronavirus is maybe the main cause.
01:45:57.000I don't know if I, I'm not an economist, I can't tell if it's the main cause, the only cause, you know, whatever, but it's a big cause and it's definitely being exacerbated by now these low oil prices.
01:46:08.000People are concerned about the direction of the economy.
01:47:35.000You want to be safe because it did happen at CPAC that somebody had it one of these Jewish doctors this Jewish donor Who was at APAC and he was at CPAC and he was at the Shabbat dinner He was giving it out to everybody.
01:47:47.000He was giving everybody the coronavirus.
01:47:52.000It was so funny because I saw Rahim Kassam, and he thinks he has the coronavirus, and I passed him in National Harbor, and he doesn't like me.
01:48:02.000Not like I went to shake his, but I thought to myself, it's actually a good thing.
01:48:05.000You know, maybe there's actually a benefit.
01:48:08.000All these Jewish people calling us anti-Semites, they go to their Shabbat dinner, they go to AIPAC and they all cough on each other and get sick.
01:48:15.000Maybe it's a good thing they refuse to shake our hands, right?
01:53:11.000Yeah, there was this place called Chalet on the Lake.
01:53:15.000It takes me back Man, yeah, I was up in Michigan Wow Seeing this is like I can't even tell you the nostalgia I'm feeling this was our vacation this this was the you know, sometimes we would go up there with family or friends and
01:53:36.000And that was the extent of it when you're in it when you're Midwestern or when you're in the Chicagoland area You've got like two options.
01:53:42.000You've got the Wisconsin Dells and you've got like lake house You know somewhere somewhere along the lake either in Illinois or Michigan or somewhere, Wisconsin But yeah, we'd either go out there or we go up to the Wisconsin Dells water parks things like that Door County was one
01:54:03.000But yeah, that was generally the vacation.
01:58:03.000He could do something risky right now.
01:58:06.000But, um, I do now feel a sense of responsibility now to the younger people, because I was once young, and I feel a responsibility, almost like an older brother.
01:58:16.000When I look at Jaden, well, you know, Jaden's like what?
01:58:19.000He's like, he's like 10 months younger than me.
01:58:21.000But I look at Jaden, I look at a lot of these younger guys, even the Groypers, a lot of them are 18 or whatever, and I feel a sense of responsibility to, you know, help them and give them whatever knowledge that I've learned, you know.
01:58:35.000Not a fan of heights and I don't like needles.
01:59:53.000You know, it happens every time, and I can't control it.
01:59:56.000And I know it happens, I know it's a totally harmless thing, but I've, you know, the needle goes in, you feel the blood, you literally feel it leaving your body, you see blood coming out, and I literally just, I just get totally lightheaded, I get sweaty, I turn pale like a ghost, and I just kind of like go limp.
02:00:15.000Like, this is what happens to me when I get a vaccine or any kind of
02:00:33.000They take some kind of a device and they do a bunch of little scratches on your skin and one has like dog dander and one has cat dander and you know one will have like pollen and tree pollen and hay and whatever and they make all these little scratches on your arm and then you wait a minute and you see if it irritates your arm and that tells you if you're allergic and
02:00:55.000It's not anything I'm terrified of, but just that test happening, and just seeing my skin get raised in some areas, seeing a physiological reaction happen in real time,
02:01:10.000And feeling it, and seeing it, and anticipating it, it maybe had a full-blown anxiety attack.
02:01:17.000And the nurses were like, they were being so nice, like, oh, lay down.
02:01:21.000And I'm like, I feel like such an idiot.
02:04:16.000I, you know, look, and I like a lot of what she does, but no mommy.
02:04:21.000Question for Nyx, a stock project in my class, we were all getting an F. Polish American says, I can imagine Malkin driving the Gropers in an SUV.
02:04:30.000Yeah, she's driving us to soccer practice.
02:06:28.000My father made me play baseball every year from kindergarten to middle school.
02:06:35.000I never liked it but he made me do it every year and I was the worst and I sucked and I never got along with anybody and they picked on me.
02:06:46.000One time I had to punch some kid in the face.
02:06:50.000And this was the year if you're from Chicago you remember this every seven years There's a huge cicada Infestation we're actually due for one.
02:07:03.000I think it might be longer than that Might be like 15 years something crazy like that but every there's like this very long interval where every so many years these cicadas
02:07:14.000Come out, and they're everywhere, and it's disgusting.
02:07:18.000At first, they have these exoskeletons, and they crawl up the tree, and then they die.
02:07:26.000They look like beetles, and they crawl around, and then they emerge from their exoskeletons as these black, huge, well, they're not huge, but they're like this big, these flies with red eyes.
02:07:37.000They're black, and they're pretty big, and they make this horrible noise, and they smell.
02:07:56.000It was crazy, and they smell, because they'll start to die en masse, and they smell like shit.
02:08:02.000Anyway, it was during that, it was during a baseball game, the cicadas were everywhere, and this kid Jack threw a cicada on me, and I just blasted him.
02:08:12.000It was one of those nerds rising up moments, you know, when the nerd gets mad and he flips out.
02:08:18.000Yeah, he threw a cicada at me and I punched him.
02:08:28.000But anyway, that was the kind of stuff I had to go through.
02:08:33.000As a kid in baseball and I remember one time we had a big game it was like the final game of the year and everybody got their trophies and so on and As soon as it was over.
02:10:33.000I hope there's no lightning and then the lightning comes and they call it and then you get to then you get to go home get to eat the snack get to go home.
02:10:43.000Time to game game is can't the dumb game is canceled now the real game can begin Can anybody relate?
02:10:50.000Yeah, good times the old the old LaGrange Little League Good times.
02:10:56.000I'll have to get into that more on a stream later Cuz I got a lot to say about that anyway
02:11:04.000uh let's see we've got where did i leave off that was uh malkin driving us in the svm mrs malkin driving us to the game uh mrs malkin can i get a ride home oh sure thing sure thing
02:12:04.000I mean He was like a good actor and then he got to be like a goofy actor You know like dog day afternoon good movie good actor Godfather good actor But then right around the time of what was that movie?
02:14:39.000And yeah, she's been having a little bit of trouble and it's almost like worse than the illness is the people we have to deal with in the hospital.
02:14:46.000It's like these immigrants and people that don't speak English and just people that don't have the most basic common sense.
02:14:53.000You know, some of the stories that my mom's been taking care of or some of the stories from the hospital with these people.
02:14:58.000That's when you really start to realize how bad diversity is.
02:15:01.000Once you interact with these people on a level like that, on an intimate level,
02:15:06.000When they have control over your situation, when your life is in their hands, or in any capacity, something that you need, you have to get past one of these people.
02:15:16.000It's only then that you realize how bad our quality of life is going to be in the future when it's all immigrants.
02:15:22.000It's in the hospital, it's daycares, it's nurseries, and increasingly it's everything else too.
02:20:26.000I Hate when people are a dick about shaking hands and like squeeze your hand like wow, you're such a tough guy You know to me all this stuff about give him a firm handshake and all this to me.
02:20:37.000It's such a show People are so like everybody is such a poser all these all these you know things that we do
02:22:31.000Because I distinctly remember a time when the idea
02:22:35.000of like getting a tv show in a mobile device was like mind-blowing that was so novel to me the thought of like having a television show on a phone or on like uh anything was like crazy to me even a touch screen touch screens were crazy i remember when the nintendo ds came out that was like what a touch screen you touch it and it interacts
02:22:59.000And then the iPhone and the iTouch came out and it had such great latency with the touch that it totally changed the game and obviously it was much more viable.
02:23:18.000Yeah, I remember like getting a 30 Rock on my iPod Nano or Spongebob and being like, this is so cool!
02:24:11.000The cloud I mean all these things you grew up without him you forget how you know it's such a blast from the past to see physical media like this and there was shit like this flip video camera you know kids cameras and uh portable players like this and your mp3 player and now it's all now it's all on the phone but I remember all these different
02:24:33.000Gadgets and you know doodads things like that Catboy says don't forget to pray so true Josh the remover says I got doxxed by Antifa this weekend rip in dip R.I.P in D.I.P yeah for sure buddy spurts is on a mission that nibba say is impossible but when I find on my when I find on my knife they all choppable what is that from that's from a song
02:25:30.000I think we should have the Fed, but we should change the way it's run.
02:25:34.000I mean we should have a central bank, but I'm like a monetarist.
02:25:38.000I believe that the money should be based on like a predictable algorithm.
02:25:43.000It's just the way that things should be.
02:25:45.000It shouldn't be so discretionary is my opinion.
02:25:49.000We should be able to make discretionary choices at times, but I think it should largely be predictable, the extent to which the money's being produced.
02:25:57.000Flying Dutchman says, I haven't been outside for three weeks, feeling great.
02:27:48.000That's kind of funny base dollars as I forgot about team snacks little Debbie cakes, you know those little Debbie Brownies, you remember those?
02:27:57.000Is that what they were a little Debbie brownies around?
02:28:00.000No, I'm thinking of Yeah, yeah the cosmic yo cosmic brownie check, dude.
02:29:38.000Okay, yeah, man little bites little bites check yo, hello yummy department Man, I had some good snacks in my day little bites cosmic brownies Man Man Good times Anybody remember tricks yogurt when it had two colors you'd swirl it up trigger every remember those little tricks yogurt cups and it was like yellow and pink and you'd swirl it up and
02:31:02.000So Patrick will bring in those big... He'll bring one of those big bags of chips, one of those party bags where it's got all the little bags of like Doritos and Lays.
02:37:39.000Polish Americans, I've just, some of this trad stuff, don't get me wrong, I'm traditional, I'm Catholic, but then you got these people that are like, you're trad, but you listen to rap music, you're trad, but bikinis, dude, just shut the fuck up, shut up.
02:39:47.000gosh take me back okay i need a grocery list okay cosmic brownies juice barrels i'm on ironically yeah let's get it going juice barrels cosmic brownies um we're returning to tradition as soon as the stream is over well maybe not i'm not going to tell you exactly my whereabouts or my schedule but maybe i'll go on amazon i'll order some little hugs some just some kool-aid bursts
02:41:16.000Yeah, me and my friend messing around on the scooters.
02:41:19.000Okay, and it was my friend who was causing trouble We're supposed to sit on the scooters back-to-back and this guy's messing around biggest troublemaker in the class gym teacher yells at me Can you believe it?
02:43:22.000Oh, no, these are all like five though two five-star reviews one one-star review The lady there works every day.
02:43:28.000So it's the same woman all the time She's extremely rude and always has attitude every time I go in there and I've been there more than ten times I even decided to change the address that I ship my stuff to to not deal with her.
02:47:10.000They had a lot of goofy stuff like that remember on grits where they called grits or grips or something They were they came in like cookie flavor.
02:47:19.000Hey, I'm forgetting the name grits cheese it What that were they called Grips they were called grips.
02:47:58.000Let's see Polish Americans as the food was good, but the snacks were lacking Michelle Obama effed up my lunches no brownies.
02:48:05.000Yeah for real Flying Dutchman, I remember in Park.
02:48:08.000Well, my middle school is called Park and my middle school We used to hate Michelle Obama because it was right around when I got to middle school that all these school lunch rule rules came into effect and I remember we would always talk about off and
02:49:18.000And I also liked let me let me look at the full list.
02:49:21.000Let me pull it up ice cream truck List I Do like the classic ice cream sandwich, that's one of my favorites of all time classic You know the classic ice cream sandwich.
02:49:37.000I was like the cookie ice cream sandwich.
02:49:39.000It's got like a chocolate chip cookie and chocolate chips surrounding it
02:51:05.000Actually, sorry to say Well, we live in the matrix doesn't remember Krabby Patty candies.
02:51:11.000Yeah, I remember those never ate them though gross Majors, does anyone ever get the Pikachu ice cream?
02:51:17.000No Master of Wars is best ice cream truck item is the Choco Taco never had that one girth Brooks's chocolate chip cookie ice cream sandwich.