How the West brought economic disaster on itself
ฝัง
- เผยแพร่เมื่อ 19 มิ.ย. 2024
- Freddie Sayers speaks to financial analyst Louis Gave about the West's self-made economic crisis.
Read the article here: unherd.com/thepost/how-the-we...
Listen to the podcast version: shows.acast.com/lockdowntv-wi...
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// TIMECODES //
00:00 - 01:05 - Introduction
01:05 - 04:06 - Have Western sanctions on Russia made the Western economic situation worse?
04:06 - 08:03 - How do those sanctions directly impact the West?
08:03 - 10:46 - The impact of external forces on these sanctions
10:46 - 13:32 - Is the price of the ruble worth looking at in depth?
13:32 - 16:40 - Are there sides to this story that are being missed?
16:40 - 19:47 - Has Russia been forced into the arms of China, as a result?
19:47 - 22:48 - To what extent are these sanctions a political going or on climate change prevention one?
22:48 - 24:14 - How should governments be tackling the climate crisis amid global political unrest?
24:14 - 25:11 - Is the US in a better position because it produces most of its own energy?
25:11 - 26:27 - Is the UK in a similar position to the US?
26:27 - 29:43 - What is the worst-case scenario?
29:43 - 30:54 - What are Louis’ predictions for the Western economy moving forward?
30:54 - 33:17 - How seriously did lockdowns affect the West’s economy?
33:17 - 36:06 - Is it sustainable to have interest rates above 4%?
36:06 - 37:23 - Is the economic mess that the West finds itself in is due to the fault of policymakers?
37:23 - 38:06 - Conclusion
#LouisVincentGave #RussiaSanctions #UnHerd
Sir you are the first person to finally ask the question: "What kind of policymaker would tear apart a contract to buy cheap energy only to replace it with another contract to buy expensive energy?"
No other media even mentioned this fact.
That's a good question.
Now the correct spelling is -> contract.
Ideologues. Brussels did the same with Norway long before the war in the Ukraine happened.
@@paulheydarian1281 surly not
Surly it's spelt Pedant🤭
🕊️
What the guy said isn’t entirely correct. In the last decade Europe did move from having long term gas contracts for Russian gas which were priced off the oil price, and asked to swap these to the gas spot index (TTF), believing that would be cheaper. But it was a silly move, as Russia realised that if reduced supply, the spot price would go up and they could make more money.
What he is talking about the EU tearing up the contracts is related to some countries not agreeing to pay Russia for gas in roubles, which Russia unfairly asked for the prop up their currency. Russia then cut off the gas to these countries due to non-payment. This was mostly countries which already had some of their LT contracts with Russia coming to an end anyway or the volumes were small (Poland, Bulgaria, Denmark etc). The big buyers of Russian gas - Germany and Italy - still have their long term contracts in place, for now. These contracts are not due to expire until the 2030s but it is highly unlikely they will last that long now. He is correct to say that these volumes will have to be replaced by more expensive gas from elsewhere - mostly LNG from the US….
Well said! I am also here to learn how to invest after listening to a lady on tv talk about the importance of investing and how she made 7 figure in 3 month, somehow the video taught me nothing and left me even more confused, I'm a newbie and I'm open to ideas on how to invest for retirement
"Great civilisations are not murdered. They commit suicide." Arnold Toynbee
Bang on, and the globalists are suiciding the petro dollar right now along with the US economy.
These politicians are beholden to the WEF agenda for a great Reset you need to hit bottom first
But it's only recently that we can change the course of the ship using democracy. I trust in democracy and its why we ought not to fear China and Russia too much. They both oppress their own people too much.
@@sgordon8123 Democracy (mob rule) always leads to socialism (because people vote for more free stuff) then to communist dictatorship and then mass exterminations before resetting itself back to a simple life. The US is a democratic Republic and Republics are based on laws such as a real Constitution that can't be messed with by tyrants.
@@sgordon8123 have you lived in Russia or China? They don’t oppress their own people. The west started oppressing their journalists though. There are more people imprisoned based on political views in the US than in a Russia. I lived in Russia and US, no difference when it comes to “democracy”. Too many lies in mass media about Russia and China. Europe shoot itself in a foot with the sanctions and keeps doing it over and over again. We in the US will be fine. Good luck to people in Europe, brace yourself for the winter, while “oppressed” people in Russia and China doing just fine.
If Russia’s security concerns had been addressed we would not be in this position .
Putin's security concern is democracy.
The problem is that Russia’s security concerns infringed on everyone else’s security concerns about Russia.
@@defenstrator4660 Russia didn’t do anything until they realised their security concerns were never going to be addressed. It was Nato who wouldn’t stop expanding that were the problem
Because of America’s security concerns we had war after war eg Iraq , Afghanistan , Vietnam etc imposed on the world and millions dead
@@trevorcrook5753 Well since their actions seem to have culminated in drawing NATO closer together, adding new members right on its border, and gutting its military, I would say they have failed to achieve their goals of addressing their security concerns. In fact they seem to have made them a lot worse.
@@defenstrator4660 Nato is divided . If it tries to start a war with Russia , even more so . Ukraine was far more dangerous than Sweden or Finland . Ukraine was nato s biggest and best trained army . And Russia has used only a fraction of its army . Remember when the media said they would run out of missiles in March ? Did they ? Claims of Russia being “ gutted “ are on the same level of bs
So you admit that Russia had legitimate security concerns that were ignored ? That means Nato really is responsible for the war then ?
And there is nothing to stop Russia moving into Cuba or countries in that region and putting missiles on the American border
Do you think that’s fair enough ?
And Russia’s actions brought sanctions by the EU which have massively backfired . Now Europe and America have acute shortages of energy and fertiliser while the Russian Ruble is the strongest currency in the world and they have made billions in trade surplus with other countries . Other countries have also joined BRICS which is a major blow to the west . So all in all Russia is sitting pretty while the west falls apart
No words - wow - why is this guy not on every media outlet? Because he tells the sad truth
You don't want to see guys like Freddy in the crappy MSM. You want them replacing the MSM, and it's slowly happening.
To be fair, all the geopolitical sites who’ve been labeled Russian disinformation and many outright banned, US and EU citizens mind you, they’ve all been saying this stuff well before the invasion. The one thing I would add is Russia did not weaponize their energy, they were forced to change payment so the US didn’t steal the oil payments. Russia, in a bizarre move that I cannot imagine any western country making, they have honored deals and worked around these crazy leaders trying to cancel agreements while funding, arming and training the army actively ending the lives of their people. If they weaponized their energy, which would be in their full right, the EU would turn into a failed state. Let’s hope that doesn’t happen.
wait; we, through social media rants and flag emojis, are directly influencing the foreign policy of the USA and EU, policy which is also economically self destructive?
is this guy serious? since when have the people had ANYTHING like that power afforded them by the corporate / shareholder ONLY driven governments of those two major powers?
NEVER .
@@noneofyourbizness Well, our only value to politicians is our voting power, really, the only thing they ultimately are good at since mostly (90 some per cent) get reelected. So if there is enough noise on social media, which serves as an instant poll, you bet they will react. Especially when media feed into the frenzy in order to improve audience…
Telling the unvarnished truth is a great way to not only _not_ appear on major (legacy) news media sources, but also-- especially if you talk about certain topics-- to get your output suppressed. If Google doesn't like what you have to say, it will make sure that most Web searches will not find your content.
One doesn't impose sanctions to a country which supplies food for it, oil & gas for it. Prior of it, any normal person would ask itself on potential consequences for its country, people
Should also ask why they're imposing the nitrogen restrictions on the farmers at the same time...
The uk, europe don't seem to be thinking about long term consequences. It is much better than a monty python script. Well.....vee will ask the peasants to shower less and collect zee firewood from zee forest
@@AjitB07 because it's exactly what they want. ask Klaus Schwab
@@Frank_inSA That's the next logical step in understanding this. This is all going to plan until we collectively stand up and stop it. In the meantime, they're working hard to keep us divided and bickering amongst each other.
@@Frank_inSA quite right. For the same reason Bill Gates is buying farmland. Not to produce food but to restrict the food supply chain.
Brilliant guest. This guy is absolutely spot-on. Sober, insightful analysis.
Now lets get back to being unhinged about THE CLIMATE CRISIS...... and THE PANDEMIC CRISIS.... which have caused virtually no death at all..... poverty on the other hand is known to be a long drawn out death of a thousand cuts, and happens across age ranges.....
He sounds like a shill for carbon industry. Notice he advocates burning coal rather than giving up ukraine to Russia. And he downplays green renewables. Why not advocate to invest more in Green AND let Russia have Donbas and bring back into Western fold. Yes harder option but WAY better than burn more coal and let Russia marry China. Thats an even stupider proposal than the idiots running the show at present.
ever so brilliant
The west is the corrupt politicians working for the big Capital and Bank interests of Anglo-Saxons. Not the people. We didn't attack Putin or lock nations for 2 years. Simple
Did anyone catch his name?
Don't blame 'SOCIAL MEDIA'. These are seasoned politicians unable to deal with a crisis.
Exactly!!!!! Also, Social media is a reflection of what corporate mass media relates to the public, and we know who owns CNN, BBC, MSNBC, etc…
@@User-bruser891 yes, I think social media is a tool of those in power not an external force and they are in control of the steering
This is the most refreshing, informational, intelligent and big thinking conversation I've heard for years. Thank you for this! Louis should be our PM here in Canada, not mr. virtue signal Trudeau.
This is what newspapers wrote 12 years ago.
Putin suggests Germans replace nuclear with firewood
Berlin, 01 December 2010
Russian prime minister Vladimir Putin has told German businessmen that they may have to rely on Russian firewood for heating if they do not want to construct new nuclear power plants or bring in Russian gas supplies. At a business conference organized in Berlin by the German newspaper Sueddeutsche Zeitung, Putin recognised that "the German public does not like the nuclear power industry for some reason." He continued: "But I cannot understand what fuel you will take for heating. You do not want gas, you do not develop the nuclear power industry, so you will heat with firewood?" Putin then noted, "You will have to go to Siberia to buy the firewood there," as Europeans "do not even have firewood."
To me, being just a normal dude, this was obvious from the beginning!
100%! The people pulling these strings have unlimited amounts of finances and data, its absurd to suggest it was all just a big bumbling mess when you and I could see it from the start.
Seeing the obvious is now a radical rightwing conspiracy, and you'd better keep your mouth shut and play along
U have uncommon common sense...so rare yet so true 👍
Problem being, weaponising a fiat currency system does not win scissors paper stone when the opponent weaponises energy supplies, the latter is a real thing, the former - not so much…
Just print more oil!
When the US dollar was king, it might have worked. This vid does a great job of tieing in all the consequences of woke economics, thanks Freddie
@@geoded Already did that. That was the shale revolution. It's running on fumes now, at least in most of the U.S.
@@geoded Sadly we could actually do that in the UK, except the green agenda is preventing new wells being opened up and stopping fracking for shale oil and gas.... we are literally cutting ourselves off at the knees. But this is what you get when your politicians are not serious people and are concerned only about pandering to twitter and Facebook popularity, where the deranged shout loudest.....
I almost can't believe that such voluminous topic could be sufficiently explained in 38 minutes. Thank you.
What a brilliant way to link together all the failings responsible for the current economic crisis. One of the best guests on a channel full of great guests. And a great host of course!
wait; we. through social media rants and flag emojis, are directly influencing the foreign policy of the USA and EU, policy which is also economically self destructive?
is this guy serious? since when have the people had ANYTHING like that power afforded them by the corporate / shareholder ONLY driven governments of those two major powers?
NEVER .
Mr Gave makes a very good point about the nexus of social media and virtue signalling, but this has been obvious for many years now.
Culture wars evolving into literal wars.
I would not blame social media. that's a lame excuse for the policy makers.
they *want* it like that, EU Commission with the US Democrats, Gates and the like, WHO, WEF Schwab -> Green Deal bs
obvious to some, most went along with the madness.
Slavia Ukraine! 🙄
I've had a strong feeling for over ten years that we're sleep walking into a massive disaster.
We are. The Anglo-American financial system went bankrupt 14 years ago. Its been put off time and again. These calamities are fake. They will be blamed for the inevitable owning up which will impact us very badly, all of us. The first to be hit will be state pensions and state benefits. The latter has been expanded exponentially with the deliberate immigration policy of shipping them in by the hundreds of thousands and more. Its a shit or bust strategy knowing that bust is the only outcome as its already happened.
Although it is less innocent than that in reality. we aren't sleepwalking, we are marching eyes wide open whilst being told by people who benefit in the short term that it is for our own good.
we've been skilfully chauffeured into massive disaster, while cross-checking three different GPS navigation apps to make extra sure we get there...
and following our corrupted politicians instructions such as getting vaccinated for this crazy manmade virus
@@Embassy_of_Jupiter That is hilarious and so true!!!
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, inveest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&s isa but its hard to bite the bullet and do it.
@@kansasmile Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
Please can you leave the info of your invstment analyst here? I overheard someone talking about how a couple made $200k during this red season. I need such luck lo
@@shirleneunglesbee1423 I am being guided by "Jill Marie Carroll" who I found on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.
@@blaquopaque Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.
"That's really like being the tallest dwarf." Brilliant and funny. I love this Gave guy.
it's our benevolent uncle Klaus !
He is merely the voice. The real player who keeps himself hidden is Adrian Monck, but everyone has fallen for the charade of klaus.
Elaborate please?:)
What we are witnessing is a hostile takeover, and it continues with these new farming policies. Why do such things when we are already going to have a food crisis with regards to Ukraine Russia situation? This has been planned.
Controlled demolition of white, Christian nations.
You are spot on. This interview seems to skirt around that fact.
they should have addressed the role that the WEF played in all of this trying to create a new world governance. This has been planned for a long time and any country who needs loans (all of them) from the WMF have to play by the rules of the WEF & WMF. And its these organisations that wants to control energy, food, health, media and money. Think they very close achieving this. By doing so they will tank the US $ and replace it with a world digital currency. Bizarrely, Russia an China combining could actually be a blessing in disguise, I think.
Exactly
Bingo! Someone will profit from all these.
What a total gem of an expert! Have him on again please
I never really understood taking people's individual assets in response to Ukraine situation. Roman Abramovitch for example, his business was bringing an awful lot of money into the UK, and he lived here was taxed here etc. And the state seized his assets... because Putin invades another country, which he has absolutely no control over. Even more mental was Wimbledon banning Russian tennis players. I didn't watch the Championship this year because of their ridiculously woke politicising of a game. Again the tennis players hold no sway over Russia's war in Ukraine. These steps are pretty much pointless and to me make the people that serve them out diminished in terms of stature, not the victims of them or Putin. The only way to stop Putin is to go to war in Ukraine, and that's not appealing. But this is not the only problem. Just look at how mental the situation is when in Canada the PM there froze private citizen's bank accounts to prevent the truckers from protesting - which should be a right in a democracy. Similarly here we were prevented from protesting things the state deemed not worthy, like COVID protests, and were actively encouraged to go out and riot over BLM stuff, which is largely not a problem in the UK anyway.... People are having basic rights and freedoms squashed like never before, and nobody is really thinking about it. People were actually out on doorsteps clapping about it FFS, presumably looking for virtue points or getting a feel good factor for being involved..... I despair about how people are unable to see what's going on. I asked the question on 15th March 2020: the question everyone should be asking and nobody is yet is, if you let them lockdown this time, what will they use it for next? Climate change, air pollution, high temperatures.... influenza? Make no mistake there is more of this rubbish to come because an awful lot of people were fooled into believing it was "worth it" last time. And just look how many people are triggered by Climate Alarmism... the language this week for 34 degree heat in summer, apparently a few warm days in summer is "extreme" and because of "the climate crisis" alone. All these things cost, and the debt will need to be paid. Sadly it's the young who's futures are literally being pissed up a wall by extreme levels of fiscal irresponsibility. In two years of COVID restrictions we spent enough money to build and commission enough Nuclear Power Stations to provide free point of use electricity to the entire UK economy for decades that would also be zero carbon. Now tell me which would've been a better idea for our 500 billion quid "investment"?.... You have to wonder is this is all a strategy, just like keeping people from finding out about things like the protests in Holland, or the uprising in Sri Lanka both of which are about the impacts of climate change agenda - this should be big news, yet its a tiny story in the UK. Why? It's like there is a campaign to prevent you hearing about people being against the climate agenda, in case people catch on to how damaging it really is....
everything you are saying is true
Brilliantly put
Good point well put.
Well said!
I got a strike for mentioning increased deaths 😕
This comment applies around the 24 minute mark. It may be addressed later.
Brazil, Russia, India, China, and South Africa (BRICS) have formed an alliance to work together. In addition, many countries are remaining neutral and trying to do what is best for themselves. Many non-western countries are fed up with the west.
The financial war has hurt the West much more than Russia.
American financial sanctions can be severe and could derail any plans for 'BRICS+'.
Also, most westerners don't really know how difficult life has gotten for the average Russian citizen during the past four months.
the problem with the emerging market is that they don't have the institutions
South Africa with 60million people has the GDP the same size of Singapore and a former president who testified in court thst to protect against HIV he took a shower after unprotected sex with with a carrier
India is all about who put more on the table for them (which frankly the west is playing catch up game)
In.china.. well 4billionnRMB of depsot went missing in a bank
@@paulheydarian1281 We haven't done it yet, cupcake! You know why? Because we are dependent on China and India and they will sanction us to our knees if we try to abolish BRICS. We even had the UN try to bully China into destroying BRICS and it didn't go well for the UN. Russia is doing a hell of a lot better than the US UK EU because they are food and energy dependent with a low debt to gdp. The West has lost their dominance over the East and there is no way we're getting that back.
@@paulheydarian1281 Does the US government realise how difficult it is for its own population or does the WEF agenda have priority?
That's just not true and russian PRBS. Try to get your family through in Russia now. The Rouble may be stable but is worth shit for russians. Try russian channels on TH-cam, don't listen to BS from Putins stooges...
Konstantin here is a very good source
m.th-cam.com/channels/9HHZMXng9reLBQmNc1Y8iA.html
Freddie (looks like a Frederick!) is one of the best interviewers out there. Thoughtful, intelligent, curious and probing but not performatively confrontational (sly sense of humor, too). I always learn something (often a lot) from UnHerd videos. Thank you very much.
No, a Frederick would wear a tie and wouldn't put funny stuff in his hair.
Except Freddie doesn't believe there is a Nazi problem in Ukraine
@@pacus123
That was the first and only video I disliked of this channel, I’m hoping it’s just naivety, although that’s very dangerous in itself.
“Performatively confrontational ”. You have just summed up ALL of the presenters on MSM.
He's Rank w Bias
This financial analyst is a SUPERB teacher, with such clear explanations and relevant analogies!
I will be listening to him again, and thank you.
What a sound man. No arrogance, plenty of knowledge on subjects he concerns himself with and great delivery.
UnHerd remains the place for top level analysis and discussion. The only adult left in the media room.
FINALLY, the triumph of LOGIC & REASON..... Bravo! 👏👏👏
Triumph? It’s a podcast seen by .00000000000000000000000001% of the population.
The concept of "global warming" might lose some of its cachet this winter when people are freezing in their formerly cozy homes.
A real klimate scientists are saying we are approaching mini ice age, global worming is a hoax
This was absolutely intriguing and so well articulated so that even a layman like me could see the whole picture! Brilliant, thank you!
Our friend Klaus is rubbing his hands gleefully, all going to plan ready for the great reset!
Not if we the free peoples figure out a way to sabotage him and his minions!
He may be gleeful now but I honestly think pissed off people are going to crash his party. Hunger makes people mean.
@@minavanderleest9493 Good.
This was great! I’m sending it to all of my stupid friends who are in denial and still believe the mainstream western media.
Do you think this interview will actually change their minds?
Lol... you care for your friends don’t you! I won’t send it to my own stupid friend, he said he regretted watching the videos l sent him for it made him worry at night about a global agenda! Baah
Y’all crack me up 😂
They won’t listen to it
Regret that i no longer have friends due my penchant for sending them videos like this. And no, they did not change minds, just changed my designation from friend to crackpot
One of the best episodes with an excellent guest! Thank you.
A very good guest (although I didn't agree with everything he said as regards Putin, since I fully support Russia). And the interviewer asked just the right kind of questions and allowed his guest to reply without interruption. Very refreshing. Subscribed.
You must be one of those people who stood on the pavement with your arm raised shouting 'zig heil', as Hitler went past in a motorcade.
@@tonycollyweston6182 that's who Putin is fighting against, wake up.
Wow! What an impactful conversation ... something worth hearing ... I am a Canadian of US birth, and my husband is from the UK ... so we have relatives here and over there ... I was particularly fascinated by the topic of "not fighting a war on two fronts at the same time". In my "older age", I have become more interested in the topic of world economics and future prospects for humanity and the planet.
The future of humanity will be an interesting journey I suspect. There's not a whole lot of positives to look forward to from where I'm sitting. Might be time to buy one of the last of the V8 Interceptors 😁....
th-cam.com/video/EK2ijfxqlnY/w-d-xo.html
This is the best guest on your show. He needs a regular segment!
Beautiful discussion. And your guest was spot on. We have our own politicians to blame for ruining our future. Energy has to become serious again. Fossil fuels are back baby, and start up those nuclear plants again as soon as possible.
We cannot afford nuclear the costs of an accident are too high. The accused at Chernobyl had ready cost the three countries concerned Russia, Belarus and Ukraine, the same amount as the cost to construct all the nuclear power stations ever built. Noone realises this because the costs were simply absorbed by the European countries. And remember also that the victims of the nuclear accident at Chernobyl were not cared for...they simply fied (and continue to die) young. If you want nuclear,you have to accept accidents and they are quite simply not worth it. Of far more importance if we want to save energy is to insulate our homes and make cities car free. We don't do this because noone makes a profit from it. The "profit" is in saving the planet and in healthy citizens neither if which are profitable to capitalists. The guy in the interview knows a lot about finance but nothing about energy and environment. He talks a lot about energy and he is very thorough in his analysis but if you ignore climate issues, you will have wars, both national and civil, about dwindling resources. There will be food shortages next year and the effect will be stark. We have to start understanding that environmental issues are not (only) about pretty butterflies and grass fed beef. It means not living in fear that the food you have grown will be taken off you by a man with a bigger gun.
What an absolute mess we are in. Thank you for this Freddie. Edited to thank Louis Gave for a very informative conversation. We need you to advise our Government.
Our govt is busy being advised by the wef.
They won't listen.
He keeps saying " We" when it's the overlords making the decisions. " We " , it turns out, have to follow orders and adapt to shortages and new restrictions.
What did you expect.
Western leaders are more concerned about their pride.
How Europe figured it’d come out ahead in this conflict is beyond me. Where we go from here is for you folks to decide.
Merci à Louis Gave de dire tout haut ce que nos dirigeants européens ne veulent pas entendre, de toute évidence ils se sont enfermés très confortablement dans leur tour d’ivoire , il sera difficile de les en sortir . À ce niveau de gouvernement, comment peuvent-ils être si aveugles ?
A very silly question from Freddie at the end. OF COURSE the policy makers are responsible for all this. It has been obvious for over 20 years that they are as clueless as they are malicious. And in truth it goes back 30 years.
He doesn't want to bite the hand that feeds him.
Never attribute to malice that which can be explained by simple incompetence. For over 20 years our electoral systems have become popularity contests and entertainment rather than the sober decision-making of an informed population regarding long-term needs, including costs and benefits. Pretty faces with pretty promises or charismatic personalities have been given the keys to the kingdom, and they don't know how to do anything except run another election/fundraising campaign.
Perhaps an obvious question to ask yeah but despite his knowing the answer wanted for us all to hear it spoken by the expert (Freddie is the inteviewer).
Corporate interests ripping the shit out of public services and workers' wages being repressed for 40 years MIGHT have something to do with it.
Corporations dont like supply chain shocks and trade wars.
@@Mezzo396 That depends. Arms manufacturers love wars. The Military Industrial Complex in USA is HUGE!
@@ironhammer4095 That parts true
Freddie is the full package as an interviewer.
Most of the time he's a bit clueless. Esp in regards to Ukraine situation.
Channels like The Duran and Jim Rickards have been talking about these matters for months. I was wondering how long it would take for UnHerd to catch up.
It is so relieving to listen to an intelligent conversation.
Unheard: The new standard for serious, non partisan, informative journalism! Thank you!
UnHerd, not UnHeard, a very important distinction.
@@kenpumford754 one missed by my spell checker
Ubet
One of the best channels I’ve discovered this year, thank you Freddie & the team!
redacted, renegade worthy surfing
it is not Freddie's Channel its owner is THe Daily Express, the one that loves BREXSHIT.
"Economics is energy transformed" - totally agree. Most economic activity eventually results in consumption of energy.
Indeed. Productivity improvements are driven by energy use. Without this we cannot grow GDP and increase salaries etc
@@chriskshaw7601 although there could be an economic model that didn't demand constant growth
What economic activity does not involve consumption of energy?
At last you are getting the point.
@@5ur113 LOL The bleeding heart Greens will go ape shit when the coal starts rolling in. Scholz's will be found dead in a dumpster when German industry grinds to a halt.
Wow, this was probably the best interview you’ve had on the show Freddie. What Louis described, I have been thinking about for the last couple of months. But he put it in words so well. The policies towards climate change, Covid and Russia have been so emotional and virtue signaling and lacked common sense. I am not at all surprised of the outcome and honestly, if this is what it takes to get some common sense back into the world, than I’m all for it.
This really tied everything together and clarified what is going on. Excellent interview!
wait; we. through social media rants and flag emojis, are directly influencing the foreign and domestic policy of the USA and EU, policy which is also economically self destructive?
is this guy serious? since when have the people had ANYTHING like that power afforded them by the corporate / shareholder ONLY driven governments of those two major powers?
NEVER .
How about this for a question: what was Western countries involvement in the 2014 Ukraine coup? What had been going in Eastern Ukraine as well as the Minsk accord on the part of Ukraine?
Why is Russia being a strong economically a problem for USA?? Is this entire war ultimately caused by USA as a pressure on Ukraine politicos to engage in behavior that would trigger the Russian response. All done to keep USA a major power, economically and militarily? Who is actually the puppeteer??? Or puppeteers???
An interesting theory, but not a single one of the desired outcomes you note for the USA has come to fruition!
The USA lives on the petro dollar which is dying. Who wants to destroy the USA?
Absolutely agree
Absolutely agree
To put it simply, USA does not want a peer competitor in geopolitics, that's why the west tries to bleed russia but failed and to contain china which means suicide bcuz USA needs china same as china need the USA..
How about not fighting any wars? We can’t not only fight a two-front war, we can’t afford any wars. We are not strong the way we think we are. The European Union a.k.a. European Destruction has made sure we don’t have enough resiliency to face what’s coming head on, with confidence.
Let's focus on the Social Media War against Putin. Let's shut down his Tweeter and FaceBook accounts. That will teach him. That will teach the Putin to be 'Nice.'
I still find it magnificent how countries decide to go into the EU knowing that you lose your souvereignity and own decision making. Bruxelles and Den Haag decides what your country needs, not your own elected gov anymore. Its a suicide to align yourself with criminal organisations such as the EU and Nato as they decide what your country and your citizens have to do, you are just the puppet to execute what the US and EU says even when 90% of your citizens dont want that.
Remember that WW1 and WW2 all started in Europe and it looks like WW3 could start in Europe again . Both of the two wars were picnics and WW3 will be a disaster for humanity and especially nuclear powers where a large part of humanity will be decimated. Expect Europe, North America and parts of Asia to experience nuclear war. The number of wars fought in Europe are so numerous than the whole world combined. Add the slavery, colonialism and imperialism and assassinations of popular leadership and above all genocides across the globe. The spiritual diseases eating into the Western civilization are so deep that only God can cure these diseases by destruction of the western civilization which will be accomplished by own human hands. No doubt that after WW3 Europe will play an insignificant role in the post nuclear war. Bye bye Europe and western civilization. You never headed the first and second warnings and now the die has been cast.
In what what way has the EU weakened the West, look at the UK after Breakshit.
'There are no solutions, only trade offs' - Thomas Sowell.
Brian Sowell is my favourite art critic.
@@armand9404 Don't know him. Is he gay? Buggery is a pre-requisite for being an fArt Critic.
You mean Thomas Sowell, don't you?
@@andrewbaldwin4454 no, Brian Sewell.
This was a well done interview. I must confess I did know Monsieur Gave’s name before but I was very impressed with his ability to distil down complicated thoughts for those of us who barely passed University economics. His comment about Britain being the “tallest dwarve” was perfection.
The old joke about getting a lump of coal in your Christmas stocking won't be so funny anymore. Now it will be:
"Just what I wanted!"
More of Mr Gave and the topics! Thank you! These topics had to be done more than a year before to the audience! The people are laking on that basics understanding
I really appreciate Louis' analyses on the various areas and agree with most of them. I don't believe the West has declared war on Russia but they are doing so by proxy. And one of the first things Louis said big enterprises must run on long term promises and contracts to ensure security, and low pricing.
Exactly the same is true of the promises thrown away to Russia the her people. NATO haven't kept to the promises made to Russia, Ukraine hasn't US or the UK or the EU have all trashed the many promises to stop closing in and encroaching on Russian borders and to stop the war in Ukraine. This is where I disagree with Louis, Russia did not invade, they went into protect Russian ethnics from Ukraine.
Then the West decided to use the immature Cancel Culture option in their vain attempt to get Russia to comply to their demands but that doesn't work on a country that has balls. The West cut their own throats by ripping up (again breaking on promises to Russia) but then find there are no easily accessible gas supplies to easily move to.
This 35min conversation would take a 350 page book to expound on and the hubris of the political industry with taking little advice from experts from all sides not just to say 'yes sir' but to bring a dissenting view.
Then we have the continual absurdity of conflating Carbon with Climate Change and not understanding the major differences but continue to listen to the bad science and not realising their own stupidity to be frank.
Yes Carbon is a pollutant and Coal should either not be used or when used capture the pollutant from the burn off. The reason why carbon is the pollutant is inefficient burning or incomplete burning of coal.
More importantly Carbon is completely different to CO2 as CO2 is a food or fuel for vegetation and NOT a pollutant. It's just the same as conflating Hydrogen and water. Both are completely different but one is shown as H and the other H2O.
The messaging of the Climate Alarmists have conflated the two components but they are completely different from each other.
I'll stop here, but The Western Collective is not just fighting a two front war...
it is becoming a 4 front war that they WILL NOT WIN.
Climate Change nonsense (Drop it completely), War with Russia... It is not a Western war it is a two country issue we should stay out of or at the very most bring both sides together to negotiate a peaceful resolution, not continue to push armaments to prolong the inevitable.
The third now the US is prodding China into a conflict over Taiwan but suddenly changing its own policy that Taiwan is part of China to they are independent. The US are poking the bear bigtime.
And the fourth will be civilian uprisings as we are seeing in Netherlands, Germany, Poland, Norway, and other countries that will bring the war to the individual governments that are causing the hurt and it is abundantly clear to the Western population the their governments need to understand they cannot push any longer without repercussions locally.
When you push for globalisation but then try to cut off one or two of the key points to this unipolar system that the US wants to govern (let's face it, the US wants to be the government of the new world order), you Fail.
BRICS (Brazil, Russia, India, China, South Africa) is now very strong and becoming stronger with Argentina and Iran wishing to become a member of this alliance. So now we have a Multipolar world. The New World Order, or as I always call it, Nazi World Order, has failed. And now we better find better ways of working with each other in open and fair trade, Keep Promises and contracts and let them be fair and beneficial for both or all parties involved.
A brilliant analysis. This interview avoids the true nature of the planned global crisis that we are all facing.
Thank you. I read every line and I m filled. Thank you again. No nation succeeds on trying to outwit the other...... The US should do the right thing cos the world looks up to them but if they decide to do evil, ...... Well, we all know how it ends.
Burning Carbon ACELLERATES climate change. Climate change is natural but pace is slow. Earth can adjust but not when it accelerates like it is doing now.
Agree mostly except the US consitutional Gov.t is not even the heir presumptive to the 'new' (liberal) global order project. Yes the US military is spear of that project, the US citizenry is its fodder. But the real leadership is diffuse not national, we have a cabal of billionaire globalists partially made visible by Davos, by Gates buying up all the farmlands, bigtech totalitarianism, etc., etc. In that sense Trump has been proven (damn) historically right to pull back the US from global over-reach, and rebuild American leadership from within, kinda getting your own house in order first.
I can only see ONE of 4 replies
Gave is one of the smartest economists. Wonderful interview. Sanctions and war hurt us more. Thanks for the interview.
wait; we. through social media rants and flag emojis, are directly influencing the foreign and domestic policy of the USA and EU, policy which is also economically self destructive?
is this guy serious? since when have the people had ANYTHING like that power afforded them by the corporate / shareholder ONLY driven governments of those two major powers?
NEVER .
38 minutes of superb analysis and insight. What a switched on guy.
The last comments exactly explain the mess Canada is in due to the destructive present Canadian Federal Government.
Our country has all the resources needed to come out quickly and easily but present federal policies are squishing any possibility of my country being strong and FREE.
Could you please hazard a guess as to their intentions in squishing these possibilities?
We are USA Vasal state. But wecalso should have WAY cheaper gasoline prices than Americans. Thats egregious.
The Canadian government has been waging a war on fossil fuels for two decades or so. The latest Premiere has doubled down on this war. He is also a WEF bot and NWO proponent and thinks a great re-set is needed. His loyalty appears not to be for poor Canadians who are but collateral damage. You must expose the Internationalists and replace them with Nationalists asap. Just sayin’
So how would you deal global climate catastrophe and mans' survival.
@@tonycollyweston6182 you go first, how would you?
We are in the 21st Century version of WWI - a self-inficted catastrophe
No one wants to admit it we're already at WW3
Thank you Freddie for bringing this to the public. This is how quality journalism should be.
Thank you, both of you, very interesting indeed.
Realistic as a picture as real is the total lack of strategy, diplomacy and foresight of our ruling class.
Fascinating conversation. I learned a lot thank you 🙏
Me too. I learned that wearing a light pink shirt and having wavy gray hair is a winning combination.
Thank you Freddie for this very insightful discussion, Mr. Gaves analysis on the current situation makes a lot of sense.
You’ve nailed the situation we’re in through this ‘adult’ discussion.
What a good and open dialogue, great journalism and expert.
Excellent episode! More of this, thank you!
awesome interview displaying the short sightedness and /or idelological motivation of our politicians.
Until things collapse everywhere, you can't force people into a new system "where you own nothing and are happy."
"Pick any commodity in the world and Russia is one of the top three exporters"
If there was ever a reason for a psychotic club of billionaires desperate to cement their dynasties and manufacture a war with Russia, that would be it.
Yes! That is exactly what the West did with Russia: pick a fight. For nearly 20 years the West kept poking the Bear. All because they didnt like nasty Putin (he is nasty). As Gavin rightly points out Churchill and Rooselvelte did a deal with Stalin to defeat Hitler even though Stalin was nasty (even more than Hitler u could argue).
@@ironhammer4095 Yes, indeed. The vast majority of countries in the world have nasty leaders. Boris, Biden, that Dutch bloke, Putin, Pooh Bear, the list is endless. What's that plan? Are we starting at the North and working our way down?
russia is run by "a psychotic club of billionaires desperate to cement their dynasties"
Correct, it's stayed in the 2019 Rand report what the intentions are. 👎
It's all been designed!..and we've all fallen for it!.. I've been hearing that the west will become third world for a long time now!
Another great interview. Clarifies things greatly. How can the western powers not see what they are doing?
Simple answer is they do. They are making us vassals of China to the point they are even implementing Chinese authoritarian govt. Go read what Mark Carney n his ilk ate saying. Welcome to communism.
because they beholden to higher powers, those that are lending money to all the countries of the world. All are in debt, those supplying that debt (WEF & WMF) have their own rules and guidelines countries have to follow.
They see well enough what they are doing.
Hubris - the end of history.....
Who told you they can't see what they're doing? This was a great discussion but they didn't address the wef's role in the whole thing: what and why? Also, how and when.
Brilliant guest. Eloquence, knowledge and simple explanations. Thank you
Epic guest thank you. Really enjoyed this segment.
There is something special about French pragmatism. Fantastic conversation!
Your guest is expressing reality produced facts and is extremely pragmatic and intelligent. It's a crying shame he isn't running the US economy.
That's the job of Larry Fink
Well done Freddie. You're a brilliant interviewer
Thank you for your work, gentlemen.
Jaw-dropping discussion. I hope politicians with the power and wit to make relevant changes, are listening.
The fool's are only interested in their career
Absolutely fantastic interview ... Soooo helpful. Thank-you Freddie. I'll be listening to this again later ...probably more than once. Brilliant
Id love to see a chat between yourself and the guys over at The Duran.
Thanks Freddie for an excellent and informative interview. We’ll chosen questions as always
Fantastic interview. This guy needs to be listened to.
>The whole country is completely falling apart i don’t see how Americans will survive two more years of this Administration . But hey.... no mean tweets . we need another president like Andrew Jackson.
A people that elect corrupt politicians, imposters, thieves and traitors are not victims...but accomplices" - George Orwell
@Chloe Baker This great replacement effects the working class more than the privileged managerial class. The privileged managerial class is offered the option to move to other countries in order to keep their jobs but the working class never gets this option.
@Chloe Baker How have y'all getting by finacially…. multiple streams of income
@Chloe Baker >>You need to look into safer invstmet with good prospect . Have the mindset of invsting longterm , DCA every time you get paid. My portfolio accrued ROI of about quarter a million under the guidance of my Invstmnt-Advisōr Katherine Duffy Burke whose skills in portfolio diversification are unmatched and clientcentered
The sentence "The ruble is going to become rubble" marks the end of Western Europe hubris. So this sentence deserves its translation into many languages: Мы превратим рубль в щебень! Wir verwandeln den Rubel in Schutt und Asche! Рубль перетворимо на щебінь! 我們要把盧布變成瓦礫！我们要把卢布变成瓦砾！Nous transformerons le rouble en décombres !
"Confiscating" (stealing, in the piracy traditional way) Russia's Central Bank Reserves, and russian oligarchs assets?
Where is the sacred Right to Private Property gone into in the Collective West?
And why DISCRIMINATE against a person for his birth place? That is unconstitutional in every country that has a Constitution.
Its all according to plan👍
Brilliant discussion. Thank you, Gentlemen!
This is what we call a frank honest talk on the reality of things today.
Excellent talk
A perfectly good analysis, but the Duran podcast has been saying all this for a long time.
It has indeed. But they were confidently ridiculing the fears from the west that Russia were about to invade The Ukraine.
From my observation this is only partly right, the long term contract they are taking about were in dispute before the war in Ukraine, let's start, Poland took Russia to court last year because the spot price on the stock market dropped below the contract price of €250 per 1000lts, and won in court, so the Europeans wanted to follow the spot share price, Russia says ok, then who ramped up the war in a gas transit state, the USA to drive up the price of gas for two reasons.1 they could now ship us LPG as it was now economic. 2 the US economy is in negative trade surplus yet is still making money, how you ask, 30% of the US citizens are now into stocks and shares in a bid to make a living. So as the USA can't gain anything out of the east anymore they are going to feed and exploit Europe, last week Finland just signed a multi billion dollars deal with a US gas company as Finland has one of the largest offshore LPG storage facilities in the world. Done deal Europe will suffer not at the hands of the Russians but the USA.
How does the USA drive up the price of gas in Europe. Gas prices in the USA have gone up due to the increase in LNG exports consuming our excess gas. You do not make sense. The Finish are looking after their own self interests by putting in place LNG gasification facilities. Unlike Germany they view dependence on Russia for gas as being a weakness.
@@chriskshaw7601 the US destabilising a gas transit state for the last 8 years by backing the coup in Ukraine, plus have been pushing LPG on Europe, president trump was pushing the closure of Nord stream 2 the new gas pipe line from Russia to Germany which would of ment cheap gas for Europe, but the USA complained that they were spending too much money on NATO and Europe should buy US gas, as for the price of gas, they US fracked a load of gas pushing the price of gas down, made the Europeans unhappy as they were paying more in Russian contracts, plus wall street manipulated the price so the price dropped below European contract price of €250 per 1000lts to €170 per 1000lts, they took Russia to court and won, the Europeans wanted to follow the spot price, spot price goes up as Biden put a block on fossil fuels in the USA, now it's profitable for the USA to ship their LPG, remember it was oil Biden was complaining about, Europe then complained to the Russians gas was too expensive as it then reached €1700 per 1000 lts, trying to break the Russian contracts for the second time, Russia said a big no, now Europe has to by LPG from the USA. Done deal, the only winner is the USA, follow the money.
@@davydacounsellor there are so many flaws in your argument that we’ll just have to agree to disagree. I am sorry that your snti US sentiment blinds you so
@@chriskshaw7601 I'm not anti American, so Finland has just signed a multi billion dollars deal with the US to supply gas, like I said follow the money. Who makes the most. It's not Europe, the USA has lost its financial control over the east, it will now feed on Europe. We in Europe were getting cheap gas for the last 20 years, it wasn't Russia who destabilised the gas and put the fuel prices up, Russia is now selling fossil fuels cheaper to China and India, here's the kicker, we in Europe are now going to buy our fossil fuels through India, "A blind man on a galloping horse" can see that this is a done deal. Do some research and follow the money.
Excellent conversation. Perhaps underplayed the impact of lockdown and massive quantitative easing required to pay healthy people to stay at home.
Yes that was total madness, fear to sell shots 👎🙄🚑
A great and clear delivery, even for someone with little understanding of economics.
A fascinating interview and analysis. Sadly, I have no faith in governments doing the right thing on energy, unless Boris Johnston's successor breaks the pattern.
Same here. I imagine they'll concoct some economic trick to keep the shell game going a bit longer
Thats not going to happen as the western governments are all beholden to those who lend them their money: WEF & WMF
There is zero chance that Boris’ successors will do anything different. I thought he was ineffectual but I look back with fondness when I contemplate the self serving bunch that are vying to take over from him.
@@22448824 I agree. There's already talk of "buyers regret" after ousting Boris. It was commented yesterday that he got 51% of the votes in a survey of members, so the self serving MPs aren't very popular.
Brilliant economic analysis, thank you! Extreme negative sentiment against Russia is foolish at best, destructive in real life, people lives are the collateral damage as the result of this deep seeded, unfounded attitude to Russia. Self destruction on the march and for what?
For the glory of the American empire.
Was Adolf Hitler also victim of negative sentiment ?
And for implementing agenda of WEF, remember? : you will own nothing and will be happy
I love the double popped button on the shirt Freddie, really says “I’m just a cool guy, we’re having a cool time, very cool.” Very cool. Best Skype call I’ve seen all day! All the best CooL FreddiE
Can Vincent-Gave be hired as an economic advisor to bumbling western leaders? The man is a breath of fresh air. It's bad enough to know that the economic situation is dire, but it's absolutely galling to know that it was almost entirely preventable.