Valuetainment - April 02, 2026


“Bomb Them Back To The Stone Age” - Trump Quote That Caused PANIC To The Market


Episode Stats

Length

18 minutes

Words per Minute

184.85045

Word Count

3,436

Sentence Count

190

Misogynist Sentences

1

Hate Speech Sentences

10


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Trump delivers a speech that sent the markets into a panic and sent the Dow and S&P 500 into a tailspin. What was the deal with Iran? Was it about the Strait of Hormuz? And why did the markets react so negatively to it?

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.440 This episode is brought to you by TELUS Online Security.
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00:00:30.100 Rob, why don't you start off with the clip?
00:00:32.160 Why don't you start off with the clip on what the president said that made the futures go berserk?
00:00:38.060 This is the exact moment.
00:00:40.180 Everybody was waiting to see what the speech was going to be.
00:00:42.540 Was there going to be a big announcement?
00:00:43.800 Was there going to be something massive, positive?
00:00:46.880 You know, the Gulf states are going to pay for the war.
00:00:48.700 What was it?
00:00:49.620 At the end, when this comment was made, I will share with you what happened to the markets.
00:00:53.320 Go ahead, Rob.
00:00:53.740 To the progress we've made, I can say tonight that we are on track to complete all of America's
00:00:59.640 military objectives shortly, very shortly.
00:01:02.880 We're going to hit them extremely hard
00:01:05.080 over the next two to three weeks.
00:01:07.280 We're going to bring them back to the stone ages
00:01:10.260 where they belong.
00:01:11.620 In the meantime, discussions are ongoing.
00:01:14.020 Regime change was not our goal.
00:01:16.300 We never said regime change, but regime change
00:01:19.160 has occurred because of all of their original leaders' death.
00:01:24.660 They're all dead.
00:01:26.140 The new group is less radical and much more reasonable.
00:01:29.680 Yet, if during this period of time no deal is made, we have our eyes on key targets.
00:01:34.840 If there is no deal, we are going to—
00:01:36.200 Okay, S&P futures down 1.48.
00:01:39.040 Dow 1.36.
00:01:41.700 Oil, gas prices right now 1.12 and 17.
00:01:46.340 112.17.
00:01:48.800 It skyrocketed.
00:01:50.140 While this is going on, at the same time, we're hearing a bunch of other news that took place.
00:01:55.200 And, you know, that statement, Bitcoin drop, markets concern, people are worried what's going to be happening.
00:02:00.460 He did talk about the four million, you know, kids in America right now have that Trump account that's been created, which was some of the good news that he shared.
00:02:07.280 But, you know, people, some people are even speculating that the news was so scary for some people that even the Artemis 2 that went to space yesterday, because of the speech, the toilet stopped working.
00:02:18.300 Now, that's speculation. I don't want you to go fact check me on this and ask, you know, Grok or some of these other things.
00:02:24.080 But people were expecting something else.
00:02:26.760 Richard, why did the market react so negatively to yesterday's speech?
00:02:31.420 Well, in many ways, there was no news. There was no sort of real new announcement.
00:02:37.280 And to the contrary, there was perhaps, well, there was disappointment.
00:02:42.040 For one, the time scale, the timeline stayed pretty vague.
00:02:47.280 We're told, well, it's going to soon end, but we've heard that before.
00:02:51.000 And the wars that are going to end soon, and they go on for a very long time thereafter.
00:02:57.080 Yeah, he repeated in this clip, as we saw, he's going to bomb Iran to the Stone Age from henceforth, which is a big task.
00:03:06.020 It's a major country.
00:03:07.840 And actually, didn't he care about the Iranian people?
00:03:10.860 Wasn't that in the beginning, the story?
00:03:12.440 That's the criticism right now.
00:03:13.540 All these contradictions, and that's just typically the iceberg, I think.
00:03:17.560 Luke, what do you think?
00:03:18.920 First, what do you think about the speech, too?
00:03:20.580 Why do you think the market reacted so aggressively, too, back to Stone Ages?
00:03:25.900 I think exactly what Richard said, the contradictions.
00:03:30.360 I mean, I received texts from institutional clients around the country.
00:03:35.720 One of them said they should have called this speech stuck.
00:03:38.940 Another one said this could have been an email.
00:03:41.080 But I think why the markets ultimately freaked out and then carried through on that freak out is what he said about the Strait of Hormuz and the contradiction therein, which is he said something along the lines that it'll open up on its own eventually, naturally, maybe our allies will help us.
00:03:58.480 And the contradiction within that is not really our allies will help us even said they got to figure out themselves and we'll help them if they need it.
00:04:05.980 But I think they have it themselves, like almost leaving it to NATO and some of the others to figure out for themselves.
00:04:11.840 Yeah, I think that's right.
00:04:13.080 And there's a huge contradiction therein.
00:04:15.940 We're the greatest military in the world.
00:04:17.400 We are the reserve currency issuer.
00:04:18.800 Our job is to use our deep water, deep blue water Navy to maintain freedom of navigation for the world.
00:04:26.800 That is why the world, there's a big reason why the world uses the dollar as the reserve currency.
00:04:32.100 And so if we say, hey, this isn't our problem, number one, that starts to raise serious questions about why am I paying the Americans for weapons?
00:04:39.600 Why am I paying the Americans to hold dollars?
00:04:41.940 And then also, on a more fundamental level, if we're winning, why can't we open the Strait of Hormuz?
00:04:48.000 If their Navy has been devastated, if their Air Force is devastated, if their offensive capabilities have been devastated, why can no ships sail through them?
00:04:56.120 Why do you think?
00:04:57.280 Well, forget about what I think.
00:04:58.800 What I'm being told is that, yes, their Navy is destroyed.
00:05:01.580 Yes, their Air Force is destroyed.
00:05:03.320 And this isn't where their power was.
00:05:05.440 Their power was in missiles and drones.
00:05:08.840 And I'm hearing we've destroyed less missiles than we thought.
00:05:12.220 There was a story talking about this on Reuters last week where we originally were taking Israeli intelligence.
00:05:17.400 And they were saying, yeah, we got 70 percent in the first couple of weeks.
00:05:19.600 Last week, Reuters said, well, it's closer to a third, which means it's probably a little less than that.
00:05:24.780 uh it's sounding i'm hearing very credible rumblings that more of their missiles were
00:05:30.460 deeper underground than we thought and the reality is is these drones it's not different for us than
00:05:36.160 it's been for the russians in ukraine which is to say something very important has happened in this
00:05:41.480 last four or five weeks of war in the same way it happened in ukraine which is the very nature of
00:05:46.120 warfare has fundamentally changed in a way that has arguably not happened since black powder
00:05:52.240 rifles were used to take down heavy cavalry whenever that was four or five hundred years ago
00:05:56.100 and that is that Iran is using missiles and drones to stand off the United States Navy
00:06:02.800 in a naval choke point and so while there's something called Mahan Doctrine which is
00:06:08.040 you control naval choke points you control the world and that has been in force for four or
00:06:14.000 five hundred years British Navy well three four hundred years British Navy under the British
00:06:18.500 Empire taken over by the American with the United States Navy. Navies have been the ones to control
00:06:23.500 those naval choke points. And here we have in live living color for the first time in three,
00:06:28.800 400 years, a land-based power and one, oh, by the way, that is probably not even a top five and
00:06:34.720 maybe not even a top 10 military standing off the United States Navy in a naval choke point.
00:06:40.700 The relative power dynamic has shifted. So now you have this, I think when you layer that onto
00:06:47.480 what we're looking at with oil this is massive markets i think are starting to discount okay
00:06:51.520 there is some sort of major change taking place here and it's going to be a lot harder and messier
00:06:57.860 to reopen this via naval force i think they're not sailing through because they don't want to
00:07:02.400 wake up i think trump most of all but none of us want to wake up to a scene of a u.s naval
00:07:06.480 destroyer on fire uh or sinking uh that's what i think the issue is benny um well yesterday you
00:07:11.780 made a great point um trump the president listens to everything he reads everything he's he knows
00:07:17.220 the pulse remember we talked about this and i think uh you know he's he had to come out and
00:07:22.760 the people around him like you're gonna have to go out there and you have to say something and show
00:07:25.640 strength and say that we're on on on on the path and let them know that it's going to go a little
00:07:31.140 bit longer and everything but we were under as a regular american that just follows what he sees
00:07:36.480 and and reads we were told that the first attack was at the summer where we went in we bombed it
00:07:41.720 was clean we left that was it we took out all their nuclear launching capabilities come to find
00:07:47.120 out now we were told it was for the people i haven't heard a single thing from anybody on the
00:07:51.360 ground any iranians the protesters here are like yes we want it please help us the internet's down
00:07:57.080 we don't know what the hell is going on and i think the the the miscommunication is let's just
00:08:02.020 say ready for this we take out all their leaders and we keep knocking out all these people that
00:08:05.640 are on top you think the military their military whoever becomes a leader now is like okay we'll
00:08:11.100 follow this guy these people are very very stuck on their ideology they have america in there with
00:08:16.080 israel bombing the hell out of him pat i don't know i have a feeling that the president was
00:08:20.720 a mother he's he's he's an alpha he does what he wants but the people in his ear like lindsey
00:08:25.220 graham when lindsey graham did a thing on wall street journal reported he was visiting the
00:08:29.760 president saying hey roosevelt think about your legacy do this bunch of people's like yeah let's
00:08:33.680 go in there is it gonna be like venezuela yeah let's go in there and then now we're there and
00:08:36.840 it's like uh-oh longer and what was it short-term pain for long-term pain they kept saying that
00:08:41.380 short-term pain i don't see this not going a year at least you think it's going to go a year i think
00:08:48.240 are you there as well you think it's going to go a year that's the risk that it could be very long
00:08:52.680 potentially even longer than a year um and um really what you know from a european perspective
00:08:59.380 um what we currently see because you know as luke explained and um this is actually
00:09:06.460 not surprising what has happened so far. I mean, Iran so far had not used its power to close the
00:09:13.620 Strait of Hormuz, but it was always capable of doing that, but it chose not to. Of course, being
00:09:19.260 suddenly attacked during negotiations and its leadership being assassinated and so on.
00:09:25.840 You know, you sort of can see from their viewpoint, okay, well, now we have to do a bit more
00:09:30.240 and they closed the Strait. So in other words, it's not a surprise. So from a European perspective,
00:09:34.420 Actually, what's really happened now is, under President Biden, the number one energy supply line to Europe was cut, the Nord Stream 2 pipeline from Russia to Germany.
00:09:50.000 Under President Trump now, the second lifeline of energy has been cut, which is through the Strait of Hormuz.
00:09:57.840 So really what's happening, and none of that is sort of a surprise.
00:10:01.660 You know, if you sort of take these actions, this is the result.
00:10:04.300 Reveal preference, we have to assume that's what.
00:10:07.940 Those behind the scenes who advise the president want it because it's not surprising.
00:10:13.880 So really, one of the goals seemed to be to totally de-industrialize and destroy Europe.
00:10:21.660 I think we're witnessing the implementation of the Morgenthau plan proposed by former,
00:10:27.980 Well, at the time, the Treasury Secretary, Henry Morgenthau,
00:10:32.580 which was that after 1945, the post-war era,
00:10:38.500 Germany needs to be totally annihilated.
00:10:41.540 The industry needs to be taken out and needs to be de-industrialized,
00:10:46.120 de-growth, although they didn't use that word,
00:10:48.140 and even the population needs to be replaced.
00:10:51.760 And that's the program that seems to have got into motion with the delay,
00:10:55.960 but from 2015 onwards and now it's really um you know on on steroids and that's that's really what's
00:11:03.200 happening now you you'd expect that there'd be somebody in europe who said well hang on hang on
00:11:08.260 what's going on we've got to find solutions and of course president trump in his speech yesterday
00:11:13.180 did say well you know okay this is what happened this is happening and we continue to do our job
00:11:19.020 looking after the state of hormones and energy supply to europe well that's europe's job
00:11:23.580 effectively you know he's saying so they should take care of that um and if there was a sort of
00:11:29.820 proper leadership in europe then then they could now take the necessary steps and yesterday um
00:11:37.640 you know actually april the first there was a great um message on on social media saying oh
00:11:45.880 german government announcement by the chancellor we're going to build 15 more nuclear power plants
00:11:50.380 We're going to rebuild the Nord Stream 2 pipeline.
00:11:52.960 We're going to get energy here.
00:11:54.220 We're going to change our energy policy to make sure we've got all the energy.
00:11:58.720 It was an April Fool's Day joke.
00:12:01.080 Listing sensible policies in Europe has become an April Fool's Day joke.
00:12:07.240 Can you believe it?
00:12:08.240 Because this is not what Europe is saying.
00:12:10.080 So what is happening?
00:12:11.720 Where is European leadership in this?
00:12:13.760 They're just watching as the European economy gets decimated in a bigger scheme in which, you know, President Trump is playing a role.
00:12:23.880 And you could argue he's looking after America because America is going to get a lot of demand now from the world for energy.
00:12:31.000 And he said, you guys can come to us. We have unlimited supply of oil.
00:12:33.780 Yeah, exactly. And this is something that I think in the current debate still is not really discussed enough.
00:12:42.260 And too few people are aware of this, including, I think, the advisors around President Trump, that essentially what happened is in the whole post-war era, Germany has never become a sovereign country.
00:12:55.620 Legally, it's still an occupied territory.
00:12:57.960 The occupation statutes are de facto still valid and are being used by the deep state, the U.S. deep state.
00:13:06.000 And, you know, there's no peace treaty in the U.N. charter.
00:13:09.980 Germany is still an enemy country.
00:13:12.260 The Constitution is still suspended.
00:13:14.240 It has, you know, what is done for occupied countries, only basic law.
00:13:19.880 It's not a sovereign country, and the leadership is essentially there to administer the zone for the occupation powers.
00:13:27.780 And, of course, you know, it's the biggest occupation force in the world is stationed in Germany, U.S. troops, 70,000, 80,000 troops.
00:13:33.940 And, of course, it's a major platform also for the Middle Eastern warfares or, you know, via Rammstein and other U.S. bases, the CIA bases in Germany.
00:13:42.780 They love it because what they do there, unlike when they do stuff in America, in Germany, they can argue it's legal.
00:13:50.600 When they do stuff here, it's technically illegal because they don't actually see it.
00:13:53.820 It doesn't have the powers.
00:13:54.960 It's, you know, it's using, as Fletcher Prouty showed in his great book, The Secret Team.
00:14:00.540 And he was a critic.
00:14:01.760 He was an insider, you know.
00:14:02.800 He was the chairman of the Joint Chief of Staff for Charge of COVID Operations.
00:14:08.780 And so the deep state has been using this as a power base
00:14:13.180 also against President Trump early on,
00:14:16.240 because in Germany they can do whatever.
00:14:18.960 And as part of this agenda, the EU was created.
00:14:23.160 Now, a lot of people think, well, Europe does all these great democracies.
00:14:27.940 Now, with Germany, you see, it's not true.
00:14:30.300 It's an occupied territory.
00:14:31.320 this is an occupation administration, but also for the EU in total, this is not true.
00:14:37.560 Because a structure was created, this European Union, with the European Commission.
00:14:42.780 Now, you do have a European Parliament that gives the impression, oh, it must be a democracy.
00:14:47.620 But you know what this is modeled on?
00:14:49.440 These documents have been declassified.
00:14:51.920 It was a CIA plan to create a United States of Europe, which they then called, you know, European Union.
00:14:57.920 Sometimes they do say United States of Europe.
00:14:59.980 What year is it?
00:15:00.500 This was in the post-war years, so from, you know, 47, 48 onwards, you've got a lot going on in the 50s and 60s, and all the key guys, the founding fathers of Europe, actually now revealed, it's a matter of public record, as CIA agents.
00:15:16.800 Jean Monnet. You've got buildings named in Brussels and streets named after these people.
00:15:21.180 They're all CIA agents. Their goal was to create this
00:15:24.420 dominance by the deep state that exists over Germany as an occupied
00:15:28.600 country, over the whole of Europe, sort of extend that. And this has happened.
00:15:33.240 Now, people think, well, there's a parliament and there's a proper structure. What are you talking about?
00:15:36.760 This is democracy. No. The CIA always had this chip on the shoulder
00:15:40.840 and was always jealous looking at the KGB and the Soviet
00:15:44.760 Union. The central planners love the Soviet Union system. It's a central plan system, right? And
00:15:51.100 they use that as a model. And that is what the EU is modeled on. You see, the Soviet Union technically
00:15:55.660 was a democracy. Of course, we all laugh. That's a joke. Well, they had a parliament. So what's
00:16:00.500 the difference? Well, the parliament wasn't full of lawmakers because they couldn't write a single
00:16:05.400 law. All the laws were written and proposed by the Politburo, which was unelected central planners.
00:16:13.680 That is the model they chose.
00:16:15.160 So the European Parliament is, there's no lawmakers there.
00:16:20.040 They're highly paid.
00:16:21.340 They call themselves members of parliament,
00:16:23.480 but they haven't proposed a single law.
00:16:25.680 They haven't written a single law.
00:16:27.880 100% of the laws are written and are proposed
00:16:30.260 and then pushed through by the unelected politburo
00:16:34.240 called the European Commission, these commissars.
00:16:36.420 It's the Soviet central planning system.
00:16:38.940 So we have actually a dictatorship in Europe,
00:16:41.520 And it was established by the deep state, by the CIA, and it's run by the CIA.
00:16:46.300 And that explains this big puzzle.
00:16:48.060 I mean, what's going on?
00:16:48.640 Why are Europeans allowing this destruction of Europe?
00:16:55.000 You know, European civilization was the source of democracy
00:16:58.820 and the idea of individual freedom actually comes from Europe.
00:17:01.320 But it's been annihilated, and that's what's currently happening.
00:17:05.860 Now, the energy supply gets cut off.
00:17:08.020 Now, the last, you know, the big source of independent energy supply via the Middle East is now being threatened.
00:17:15.040 And it looks like it's the plan to actually do nothing about it and let this, you know, cause a major, major disruption, not only of energy, but also food supply, fertilizer, all these things.
00:17:25.040 Is it for Trump to show how much power he has?
00:17:28.880 I think President Trump's role in this is ambiguous.
00:17:32.140 I did believe him when he said early on and in the election campaign that he doesn't want these wars.
00:17:38.720 And we all sensed, you know, that's his opinion.
00:17:41.560 So what happened?
00:17:42.960 There are clearly powerful forces around him that have moved him into this position.
00:17:49.300 And it looks like he has no choice.
00:17:51.700 And he didn't look entirely happy yesterday, even though, you know, these were bold words.
00:17:56.980 But I think a lot of people got the sense that, you know, he's not really happy about what's going on.
00:18:01.900 This is not his ideal scenario.
00:18:04.740 So it looks like, though, that these planners that are making these plans.
00:18:11.500 Richard Werner is on MNECT.
00:18:12.980 If you want to ask him any questions, we're going to put his QR code around here and the link as well.
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