The Alex Jones Show Live - May 12, 2026


ECONOMIC CRISIS ALERT： Markets Tumble As Inflation Surges Due To Trump's Iran War Gamble!


Episode Stats


Length

21 minutes

Words per minute

173.6

Word count

3,805

Sentence count

252

Harmful content

Misogyny

1

sentences flagged

Toxicity

20

sentences flagged

Hate speech

25

sentences flagged


Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 The world economy is shot full of holes now.
00:00:02.720 It was already on the verge, and now we've let Israel, through Trump, push it over the edge, and BlackRock is again.
00:00:09.480 Larry Fink looks like he is on cloud nine.
00:00:11.980 And there you go.
00:00:12.880 If Trump reversed all this and shut it all down now, maybe the recovery would work.
00:00:17.240 But I don't even think at this point that would work.
00:00:20.440 It'll certainly be much worse if he doesn't shut it down.
00:00:22.220 But the way he's behaving and what's going on, he's like a degenerate gambler who's already mortgaged the house and, you know, matched out the credit cards and who's been up for three days in Vegas, losing at the roulette wheel and just keeps thinking that your luck's going to turn if you just keep betting with the people's money.
00:00:43.360 And that's where we are.
00:00:44.520 A very simple plan. Iran cannot have a nuclear weapon and they won't have a nuclear weapon.
00:00:49.340 And they didn't want to go that far. 1.00
00:00:51.360 If you can believe it, they didn't, how stupid, are they stupid people? 1.00
00:00:56.940 They didn't want to believe it. 1.00
00:00:57.980 They think that, well, I'll get tired of this, or I'll get bored, or I'll have some pressure,
00:01:01.600 but there's no pressure, there's no pressure at all.
00:01:04.760 We're going to have a complete victory.
00:01:06.760 We've already, in theory, had a complete victory from the military standpoint.
00:01:10.480 The military, look, their Navy is dead.
00:01:12.760 They had 159 ships.
00:01:15.700 Right now they have zero, other than the little speedboats that go around that got taken out.
00:01:21.720 They've never had a blue water navy. That's not their main power. Their power is closing the
00:01:25.320 strait and holding on. It's always back to the ships. We sunk ships. We sunk ships. Yeah,
00:01:29.260 and they're sinking the global economy in your plan. And so I hope all the people that ran 0.93
00:01:33.260 around in support of this war and said I was wrong, I hope you feel good about what you've done.
00:01:43.120 We have been absolutely on target about this globalist trap to get Trump
00:01:47.180 into this Iran war that no other American president would do.
00:01:52.240 And now we are, what, 73, 74 days into this, and the markets are rocked.
00:01:57.480 Inflation is growing even faster than I thought it would.
00:02:00.420 It is bad, bad, bad, massive fertilizer shortages.
00:02:04.760 And this is baked in now to derail the Trump recovery.
00:02:09.660 There's really, I don't think, any way that's going to be reversed now.
00:02:12.880 And this isn't like a normal deep recession or depression.
00:02:15.380 This will be planetary. Trump was trying to override the Great Reset that had us to the verge of bankruptcy, and the globalists already lowering our credit rating. We're being positioned to become a second-rate power, and China was to be positioned, allied with the EU, as the new global power.
00:02:33.120 And Trump
00:02:34.640 Absolutely took the bait
00:02:37.400 It is an unmitigated disaster
00:02:40.120 And you will now see all this unfold
00:02:42.660 I don't see how it can be reversed
00:02:44.260 Maybe if he stopped now
00:02:45.960 We could, but it's not happening
00:02:48.120 Trump's threatening to hit Iran again
00:02:50.480 Of course the strait is shut
00:02:52.420 Iran has sent back even more demands
00:02:54.740 Of giant reparations again
00:02:55.980 Of $500 billion
00:02:57.160 This is a disaster
00:02:59.340 And I'm not going to lie to you about it
00:03:01.400 Of course, you're smart.
00:03:02.920 I know you already understand that.
00:03:04.420 What a disaster.
00:03:06.900 And then imagine what's going to come out of this.
00:03:09.940 And then when you have serious economic downturns, that almost always brings with it revolution, uprising.
00:03:17.020 The left is worldwide being funded by BlackRock and the globalists who are engineering this whole thing to create major unrest.
00:03:24.840 Our countries are sliding into totalitarian control.
00:03:29.280 Stocks fall.
00:03:30.200 Oil.
00:03:31.400 and rates rise as inflation roars back.
00:03:35.620 Look at some of these headlines right here.
00:03:38.060 Stocks fall, oil, and rates rise as inflation roars back, ladies and gentlemen.
00:03:43.760 Told you that was coming.
00:03:45.400 U.S. consumer prices are rising at their fastest pace in three years.
00:03:49.020 Back to the worst part of Biden.
00:03:51.920 As Trump dismisses Iran's truce plan, world braces for lasting economic pain.
00:03:57.700 Iran says force is ready to respond to attacks as Trump reportedly mulls renewing war.
00:04:02.260 He's publicly said that.
00:04:04.320 And there's no doubt Iran is releasing sleeper cell paramilitary groups around the world.
00:04:09.200 We've got reports of that from the Middle East to the U.S.
00:04:12.620 Two oil refineries blew up in the last 48 hours.
00:04:15.020 This is sabotage, ladies and gentlemen.
00:04:17.140 This is asymmetrical warfare.
00:04:19.240 Australia doomsday scenario sees oil hits 200 a barrel on war escalation.
00:04:23.840 consumer prices rose 3.8 annually in april the highest again since 2023
00:04:30.500 it goes on and on then we've got trump already on his way to china with elon musk at his side
00:04:37.860 and elon is like a rock star well here as well around the world but particularly in china he's
00:04:44.420 quite the celebrity because they basically worship innovation and success in business
00:04:49.260 America used to do that.
00:04:51.360 And so that should be very, very interesting.
00:04:53.160 A lot of high stakes there.
00:04:54.800 But I agree with the Wall Street Journal that because of the Iran situation, Xi holds most of the cards. 0.72
00:05:01.880 Now, Trump, 73 days ago before this war started that Israel dragged us into, had the cards. 0.55
00:05:07.200 Now we've lost a lot of the cards.
00:05:09.220 No matter how many times Marco Rubio says we have all the cards, no matter how many times Trump says we have all the cards, that's not the case.
00:05:16.300 I played the clip yesterday, but pull it back up again, guys.
00:05:19.040 I didn't see it on the list.
00:05:19.780 I thought I said it to you, but I don't think I did.
00:05:22.420 Marco Rubio says the war will continue until things go back the way it was before the war,
00:05:29.300 meaning the Strait of Hormuz wasn't closed.
00:05:31.360 Well, Iran said they were going to close it, so you knew that. 0.99
00:05:35.000 They had the power to do it. 0.99
00:05:36.300 That was the Pentagon assessment.
00:05:37.820 And then if you look at the economic breakdowns and actuaries,
00:05:40.240 it would cause massive inflation, fertilizer shortages, and would kill the U.S. and world
00:05:45.920 recovery, which BlackRock and the big central banks want because that's their admitted plan
00:05:50.600 to bring in a global prolonged austerity or depression to roll out their new AI cashless
00:05:56.340 society central bank digital currency system. That's why Larry Fink has gone from being distraught
00:06:01.040 a year ago to looking like he's having orgasms on television. That's why I was so upset about this.
00:06:06.940 And people like Rabbi Schmoley, when he was on the show during Midnight Hammer last year, he wants back on.
00:06:13.000 I think I'm going to have him back on.
00:06:14.960 I'm like, you understand they're going to close the strait of Hormuz?
00:06:16.840 In fact, guys, have the archives find the last interview with Schmoley where I go, they're going to close the strait.
00:06:21.600 It'll kill the threat recovery.
00:06:22.980 It'll cause global inflation, starvation, a third of the fertilizer cutoff.
00:06:27.980 And Schmoley goes, oh, all you care about is money.
00:06:30.240 What does that mean?
00:06:32.060 If the nations of the world go bankrupt to the central banks, that's what they want.
00:06:36.500 And that causes crime and poverty and then war.
00:06:41.600 So, yeah, you're damn right.
00:06:43.360 I don't want the U.S. to go bankrupt.
00:06:45.700 I don't want our credit rating lowered anymore because all we have until Trump's economic rebuilding is successful, which has started, but it's a long way from being complete.
00:06:54.720 Maybe 10 percent done.
00:06:55.780 Maybe.
00:06:57.000 All we have left is the dollar's hegemon.
00:07:00.720 All we have left is our superpower status with our military.
00:07:04.020 And when empires misuse that, when they get in trouble, this is how almost all empires die, by a self-inflicted wound, to use the Japanese term, of seppuku.
00:07:14.740 So this was a big, big deal.
00:07:17.040 The globalists launched COVID to kill the last Trump recovery and to put the whole world into recession.
00:07:21.660 The globalists, billionaires on average, doubled their wealth.
00:07:25.120 The rest of the world lost roughly half its wealth.
00:07:27.860 Do you get this is economic warfare? 0.80
00:07:29.840 Do you get that America and the West is the main target of this Iran war by the globalists? 0.67
00:07:36.000 Iran is a secondary target of Israel. 0.88
00:07:39.080 So, yes, Israel pushed for it. 0.97
00:07:40.400 Israel started it.
00:07:41.320 The Israel lobby pushed Trump into it. 0.56
00:07:43.580 And so this is for Israel.
00:07:46.040 But that's at one level. 0.89
00:07:47.460 Above it, the globalists wanted it because it will derail the U.S. and world economy.
00:07:53.020 There's the headline.
00:07:53.820 And Marco Rubio says the goal of the war in Iran is to restore it back to the way it was before Trump started the war in Iran.
00:08:01.240 I mean, what an incredible statement.
00:08:03.900 We'll play it in a moment again.
00:08:05.100 I watched this like five times again last night.
00:08:08.520 And Marco Rubio is a smart guy.
00:08:10.980 But, I mean, here he is just stating this.
00:08:13.900 And the irony, I think, is lost on him.
00:08:16.100 Or maybe it's a bigger joke to him.
00:08:18.620 But to try to explain to people, I know most listeners get this, but for those that don't, we're at the end of the line.
00:08:27.980 We now have service on the national debt is every year is now equivalent to our GDP.
00:08:36.680 When your service of the debt is your GDP, that is the definition of a banana boat republic.
00:08:45.000 That is the definition of a controlled country.
00:08:47.560 That is the definition of a country in deep trouble, and that is what we've been purposely
00:08:53.840 positioned to. Remember, Ron Paul, and before him, Ronald Reagan, and Senator Barry Goldwater,
00:09:00.500 and going back to Senator Lindbergh when they passed the Federal Reserve back in 1913,
00:09:05.860 predicting that we would wake up homeless on the continent our forefathers conquered.
00:09:10.780 and that's where we are national debt 39 plus trillion dollars the service on the debt is our
00:09:22.160 yearly gdp and it's getting worse now it's that was a week ago we crossed that rubicon now it's
00:09:27.940 more than the gdp and next month it'll be even more than that so all the tuxedos and all the
00:09:37.560 Mar-a-Lago, peacocking, and, you know, all of that garbage doesn't mean anything at the end 0.86
00:09:47.220 of the day. And, oh, Trump will handle it. Last time Trump and Tucker Carlson talked, 0.99
00:09:52.440 Tucker told me the story at the time. He's since gone public about it, and noticed Trump hasn't
00:09:55.060 denied it, because Trump constantly called Tucker. Tucker would be sitting there going,
00:09:59.020 we'll be up into the interview in a minute. I'm almost off. That's why it was so funny when Trump
00:10:04.840 It's like, he didn't have access to me.
00:10:06.420 That's why he's against me now.
00:10:07.840 Just delusional.
00:10:10.140 And Tucker told him, he said, listen, you do, because the Iran thing was already launched.
00:10:18.340 It was like a couple weeks into it.
00:10:19.180 He said, this is going to be a disaster.
00:10:22.060 The moves aren't going to fall quickly.
00:10:23.700 They're closing the strait.
00:10:24.860 It'll destroy your recovery.
00:10:26.400 Your mission will be a failure.
00:10:28.020 And Trump told him, he said, everything I do always turns out okay.
00:10:31.580 It'll be okay.
00:10:32.500 well no not everything trump does turns out fine he's had the american people's intense backing
00:10:38.500 he's been strong he's been a bull he has persevered that was the old trump but i've
00:10:46.080 got so much other news here it's just that this is so frustrating and so bad
00:10:52.620 and i've had a bunch of economists on there's not just a consensus with economists
00:11:02.000 They all agree that the U.S. and every other major nation are all deep in debt, positioned for total collapse.
00:11:13.460 Now, out of all the countries in debt, the United States had the best cards.
00:11:17.620 We were the best house in a bad neighborhood.
00:11:19.760 And with Trump's plan and getting the trillions reinvested and cutting taxes on working class people, that was the recipe. 1.00
00:11:27.720 That was the right move.
00:11:28.820 But if you have massive inflation, because of energy spikes and fertilizer shortages, that's baked in the bottom floor, the foundation of the economy and inflation.
00:11:42.580 And so it was known that this would blow up.
00:11:46.860 It was known it would go from bad to worse.
00:11:50.160 So stocks fall, oil and rates rise, that's interest rates, as inflation roars back.
00:11:56.000 U.S. consumer prices are rising at their fastest pace since the worst time under Biden.
00:12:05.860 As Trump dismisses Iran's truce plan, world braces for lasting economic pain.
00:12:10.960 New York Times.
00:12:12.900 Iran says force is ready to respond to attacks as Trump reportedly molds renewing war.
00:12:17.180 He's publicly said it.
00:12:18.220 We'll get to that in a moment.
00:12:20.540 Australia doomsday scenario sees oil hitting $200 a barrel on war escalation.
00:12:26.000 and it goes on and on and on,
00:12:30.920 and Trump is constantly contradicting himself.
00:12:35.980 Oh, we don't need a straight open.
00:12:37.480 You better open it. 1.00
00:12:38.820 Oh, we are going to overthrow the Iranians by giving the people weapons. 1.00
00:12:42.920 Oh, but the Kurds didn't fight hard enough. 0.98
00:12:47.340 He orders the Navy to go in there.
00:12:49.340 A bunch of missiles get shot at them.
00:12:50.860 The Navy's got to pull out. 1.00
00:12:52.040 and then Iran 1.00
00:12:55.060 has now come back with even bigger demands
00:12:57.780 than they've done previously
00:12:58.680 saying we're just ready to keep the war going
00:13:00.800 which is what the experts predicted would happen
00:13:05.180 so
00:13:08.340 the West's recovery is the main target
00:13:13.360 the globalists have grabbed
00:13:16.540 victory from the jaws of defeat
00:13:18.820 if trump reversed all this and shut it all down now maybe the recovery would work but i i i don't
00:13:28.740 even think at this point that would work it'll certainly be much worse if he doesn't shut it
00:13:31.980 down but the way he's behaving and what's going on he's like a degenerate gambler who's already
00:13:38.360 mortgaged the house and you know matched out the credit cards and who's been up for three days in
00:13:43.520 vegas losing at the roulette wheel and just keeps thinking that your luck's going to turn if you
00:13:49.300 just keep betting with the people's money and that's where we are so just as i mentioned it
00:13:57.260 here's here's rubio yesterday so we got to keep the war going to get it back to where it was before
00:14:02.940 we started the war here it is as president trump has said and the facts clearly bear out the united
00:14:08.500 states of america holds all the cards there is no scenario here in which if they decide to join a
00:14:15.080 ladder of escalation they wind up getting the last say but our preference is for these straits to be
00:14:20.180 opened to the way they're supposed to be open back to the way it was anyone can use it no mines in
00:14:25.760 the water nobody paying tolls that's what we have to give back to and that's the goal here you know
00:14:30.840 people tend to not listen to what i say when i predict it i mean they listen with the millions
00:14:34.320 but they really listen to what I said before.
00:14:36.040 Have the archivist, there's thousands of times I've said this,
00:14:39.020 but when Schmoley was on during Midnight Hammer,
00:14:43.380 and I predicted this was just the start of the war,
00:14:46.340 we'd be sucked into it, and that would kill the world recovery.
00:14:48.580 And he's like, oh, you care about some money.
00:14:50.140 Start with that, just this quick clip of that.
00:14:52.180 We'll have it by this afternoon.
00:14:54.140 And then just a few other examples before this happened
00:14:57.520 and then since where I explained this.
00:14:59.820 Because I want you to know what I said was right before, guaranteed,
00:15:04.320 And then what I tell you is coming next is even worse, okay?
00:15:08.520 And again, I'm not up here gloom and dooming just to lower people's mojo.
00:15:14.560 I'm doing it so we can turn this around, hopefully.
00:15:20.580 But it's getting worse.
00:15:22.780 It's getting darker by the moment.
00:15:25.620 And just remember when we were in this hellish, globalist-imposed,
00:15:29.660 economic permanent downturn permanent austerity great recent by design just remember i did my
00:15:36.340 duty and i warned you all and i don't know this audience of activists get it but i'm just talking 0.99
00:15:40.640 about the stupid leftists and the democrats and the neocons and the establishment trump knob 0.99
00:15:47.560 polishers uh who were essential and getting him to make the wrong decision and cnn's fake poll 1.00
00:15:54.700 100% of MAGA support this war. CNN did a phone poll of like a dozen people who they already
00:16:01.620 knew the answer from. Oh, Mr. President, your constituents all support this Iran war, 0.63
00:16:06.700 even though it's upwards of 80% down. What a disaster. So listen to these different statements
00:16:14.200 of Trump. Here's Trump saying everything's wonderful. Everything's fine. There's no
00:16:20.480 pressure. We're going to have
00:16:22.420 complete victory. He's trying to declare victory 30
00:16:24.360 plus times. Now he said, now we're going
00:16:26.380 to have, he didn't say victory now. Now
00:16:28.340 he's not saying, oh, we've won, regime changed.
00:16:30.180 Now it's, we're going to have it.
00:16:32.480 Maybe just four more months, he's saying.
00:16:34.940 And then that goes into Trump
00:16:36.360 claims Iran rescinded
00:16:38.580 a previous offer, invited the U.S. to come in
00:16:40.480 and remove its enriched uranium from the country.
00:16:43.720 No.
00:16:44.600 He gets told by the negotiators
00:16:46.820 they're proposing that. Iran 0.52
00:16:48.600 doesn't agree. Trump runs out and announces they've agreed. He does this over and over again
00:16:53.020 because he thinks just magically saying it makes it happen. Let's play those two clips.
00:16:57.300 A very simple plan. Iran cannot have a nuclear weapon and they won't have a nuclear weapon.
00:17:02.080 They didn't want to go that far. You can believe it. They didn't. How stupid. Are they stupid
00:17:08.740 people? They didn't want to believe it. They think that, well, I'll get tired of this. I'll get bored 1.00
00:17:13.400 or I'll have some pressure. But there's no pressure. There's no pressure at all. We're
00:17:17.700 have a complete victory we've already in theory had a complete victory from the military standpoint
00:17:23.020 the military look their navy is dead they have 150 they had 159 ships right now they have zero
00:17:29.500 other than the little speed boats that go around that got taken out they've never had a blue water
00:17:35.620 navy that's not their main power their power is closing the straight and holding on it's always
00:17:39.480 back to the ships we sunk ships we sunk ships yeah and they're saving the global economy and
00:17:43.420 your plan back to him and they said to me just to put it on the record they said to me there are
00:17:50.180 only two countries in the entire world that could ever get that stuff out of there because we don't
00:17:54.880 have the equipment and nobody else they said china and the united states so i just want to let you
00:18:00.980 know those pilots did an unbelievable job very dangerous job at one o'clock in the morning think
00:18:06.780 of it no no moon no nothing we had no light purposely and every single one of those bombs
00:18:13.460 were right down an air chute in a granite mountain and exploded and they are unable to get it even if
00:18:20.720 they wanted to but we're not going to take a chance so that's part of the deal stop there
00:18:25.700 stop there i'm going to come back with the rest of this clip and a bunch of others 0.93
00:18:28.200 and i don't i don't relish attacking trump but it's the same garbage midnight hammer was the 0.83
00:18:35.780 greatest success in history. All the uranium is gone. Now we've got to invade. He said yesterday 0.93
00:18:40.320 to get the uranium because we can't let them have a bomb. And oh, all their ships are at the bottom 0.92
00:18:45.000 and we defeated them again and they have no uranium. I mean, it's just like absolute garbage. 0.99
00:18:54.560 So getting uranium was the mission, but we got the uranium, but we didn't get the uranium 0.87
00:18:58.380 and we're winning. So it doesn't matter. Their ships are on the bottom. The Strait of Hormuz
00:19:03.320 is closed and you haven't gotten regime change and now even if they fell tomorrow which i wouldn't
00:19:08.980 cry about the world economy is shot full of holes now it was already on the verge and now we've let 0.70
00:19:17.000 israel through trump push it over the edge and black rock is again larry fink looks like he is
00:19:24.640 on cloud nine and there you go and so i hope all the people that ran around in support of this war
00:19:34.360 and said i was wrong i hope you feel good about what you got we had the globalists whooped 1.00
00:19:39.760 but you had to shit all over it with your ignorance and your idiotic celebratory garbage 1.00
00:19:46.880 because you're lightweights who can't find your ass with both hands i'm talking about our general 1.00
00:19:50.760 audience i'm talking about the white pill trump knob suckers you make me want to throw up you 1.00
00:19:56.700 dumb jackasses look what you've done look what you've done 1.00
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