ah, and then is also the protestors who were driven out of central or 2 or over the weekend. they were never going to expect much to be given to them by the politicians. they are say know that they will continue to protest in some form. we waiting to see what form that will take. you know, a couple of of those are the main stories this our head. oh, it's r t dot com or our social media pages for more money is peter scott ali, back again at the top of the hour. thank you for watching. ah, there is this extreme nationalism which has been released to the us. and they want us dominance. but surely, they are sensible voices and the u. s. c. that conflict is where you are heading gauntlet. gore war is not the way. there is another way where it could be when it

went for all of every one. and i certainly believe that the corporation between china and the united states and he would, for that matter, russia will benefit mankind much more than a conflict. ah, hello, driven by dreamer shapes banks, interest and those with theirs sinks. we dare to ask

with this is boom bus one visit show you can't afford to miss. i'm rachel beloved, and i bridge a board washington. and here's what we have coming up. germany says it is putting the nordstrom to pipeline on all that the us and its allies and out of breath, round of sanctions against russia. we just got the latest floods in response to the latest pension oil prices are getting even close to hitting $100.00 per barrel. we'll take a look at the factors driving the latest rally and do is benefit from it. then as much as in the u. s, and taking a dive into the start of the year, investors are looking for other options. we'll take a look at the next frontier for investing in collectible. we have a lot to get to, so let's go we leave the program with the latest on the increasing tension between

russia and nato. the u. s. and its european allies are now instituting a host of sanctions against russia. after president putin confirmed on monday that he would recognize the independence of the 2 provinces in the dark mass region, which broke away from ukraine back and 2014. on tuesday afternoon, u. s. president joe biden announced a new set of sanctions which take aim at russian banks. and what he characterized as the nations elite were implementing full blocking sanctions on to large russian financial institutions. v b and our military back reprimand. copper evidence sanctions on russia's sovereign debt. that means we've cut off russian government from western finance. you can no longer raise money from the west and cannot trade in its new debt on our markets or european markets either starting tomorrow and continued in the days ahead. will also impose sanctions on russia's,

leech and their family members. they share in the crop gains of the criminal policy and to sharing the pain as well. meanwhile, the u. s. foreign policy chief said the block has agreed to impose sections of its own against russia, which could be aimed at limiting access to european financial markets, as well as targeting officials directly this after german chancellor off shots. and now that germany was suspend certification of the north stream to pipeline governance today, and the federal ministry of economics to withdraw the existing report on the analysis of the security of supply at the federal network agency. this sounds technical, but it is the necessary administrative legal step to ensure that no certification of the pipeline can now take place. and without that certification, nordstrom too, cannot go into operation at all, and shows and biden are not alone. here. u. k prime minister boris johnson also announce sanctions against russian banks and individuals. last night, president putin flagrantly violated the makes peace agreements by recognizing the

supposed independence of the so called people's republics of de nits and new hadn't any son ukraine in a single inflammatory speech. he denied that you crave had any tradition of genuine statehood, claimed that it posed a direct threat to the security of russia and hold. numerous of a full sac is ations and dispersed, and it obviously a lot to go over here and joining us now to do so, our boom butts. co host investigative journalist, ben swan. and professor douglas got 3 of thunderbird school of global management at arizona state university. thank you both for joining us today to talk about this. but i want to start with you because i know you've been covering this heavily. the north stream to project is worth about $11000000000.00. it was finished in september, but it stood idle pending certification by germany and the european union. now it looks like that certification would be stalled and definitely correct. yeah,

it certainly does. i think this was pretty much something that we knew was coming. we talked about this over the last couple of weeks, looked north stream to has been held up for some time as it is. they have not been able to get certification. it was supposed to happen in the beginning of this year, 1st quarter. they got pushed to the middle of the year and then till late in the year. and now it's indefinitely on hold. again, not really a surprise. this would happen. obviously, germany's under immense pressure from nato and from the united states to not certify in north stream to will be interesting to see is i don't think it will happen at all. by the way this year in 2022 will be interesting. that will be to see what happens to gas prices and energy prices across europe, as we had into the fall in the winter of this year. and how long this is last because one thing that was said in the midst of all this is that president putin has promised to not restrict the amount of oil but been promised to european countries. he's going to keep that coming in. that's what he says. i think he probably will do that. the question is, what will the price of it be and how will that price impact germany and other

economies? remember, germany gets half of all of their oil directly from russia, and all of europe gets about 40 percent of their natural gas from europe. and that's the primary way by which they, they heat their homes. so it will be interesting to see how this plays out, how the u. s. gets involved and whether or not other countries like cut or get an opportunity to get involved in this space as well. and certainly for those civilians who have just gone through this incredibly tough winter with skyrocketing energy prices. they don't want to be looking at another one. now professor got 3. speaking of those civilians, i mean we're talking about really a host of sanctions here. first, it started out with the u. s. targeting those 2 republic republics and eastern ukraine and now it's gone on to now target russia. and now we know that when it comes distinctions they typically hit civilians the hardest. so what kind of an impact are these measures likely to have your well, if we're talking about, i mean, i think ben said it really well in terms of just, you know,

this has been an ongoing crisis and energy prices have risen in the united states gas prices got up and places have gone up, and of course that ends up hitting the, the people of lesser means the most and of course exceed a tumble in the dow jones industrial average for the case. if the question is more about, how much does it hit the distance of russia? you know, i think they've been brave for this for a long time. i mean, i think these sanctions look like they're going to be much more serious than the sanctions that were put in place in 2014. but you know, like what we're putting who has endured himself from these issues. and so he's, i think he's protected. i think, you know, russian people are going to suffer. probably germans won't suffer that much in the short run because it's been pointed out. this is already been sold for a long time. and then in the us, we're just going to be continuing, rising inflation and gas prices. and you know, maybe the national average won't, won't do as well. but, you know,

i think for the u. s. and it's relations around the world. i think things are going to be okay, and i think this is particularly important because it shows biden's leadership and being able to bring really bring nato countries together. and certainly this conflict is nothing new. it seems to be just a new era in which we're talking about the same tensions ramping up once again. and the united states has signaled that it was going to ramp up tensions with russia and also with china, which brings us to our next question. now ben, china's on board to be united nations on monday, called for all parties to exercise restraint and avoid fueling tension. but he stop or but they stop short of condemning russia. was that expected given their own recent pipeline deal with russia? their recent pipeline deal? yes, also the fact that china just within the last 24 hours issued their own sanctions against 2 u. s. military contractors including raytheon. and so they're going to be buying weapons from who probably, and presumably russia,

one of the things that we have to remember here is that there's a lot of talk on both sides. your, china's already made it pretty clear that when it comes to this, this position on ukraine, they're going to back russia for the most part though they are talking about coming down and roger things down. but i got to say guys listening to the president speak today and what he had to say, i think there were a lot of mixed messages coming out of this. it seems like he clearly said, we're not going to have military conflict with russia. that's good news. by the way, that should have been good for markets. then he turned around and said, oh, and by the way, gas prices are probably going up here in the u. s. as well, it's prudent fault. i think that's why we saw the del tumbled today is because, obviously whenever they're talking, the energy prices coming up. that's not a good thing. but the other thing is this, and we talk about this on the show all the time. this president, as any american president would, has a lot of authority and sway to be able to dictate the direction of energy prices in this country just by making a statement because the energy market is so speculative. he didn't do that and said

he walked away from the podium as if there's nothing we can do about it. and we here in the united states are also at the mercy of russia and their energy output. so the fact that he did that i thought was a bad sign, and probably part of the reason that we saw the markets or the dal at least respond the way that it did. absolutely. now professor got there before we go. i mean, i know you do a lot of focus with china when it comes to trade and business. and we've heard concerns that these us tensions with china and russia will push the 2 nations towards further economic cooperation together. for instance, if russia were to say, be cut off from the switch banking system, they would work with china to circumvent that. do you see that rip with the west bringing the 2 closer? this is a really interesting question and i think the optics of it are little deceiving because you can hang while he really likes himself in the position of strong men. authoritarian leader who can do whatever he wants. and you've been planning it away from the west by building the belt and road initiative for the last 8 years. were married. but the united states and china cannot do without each other. and when you

think about the 2 single largest born investors in china, in the world, they're called test an apple. and these countries not only create literally, i mean, these companies not only create millions of jobs in china and or tens of billions of dollars into the country. but they're also doing a tremendous amount in technology transfer for the building supply chain. and so i think she can pick, trying to thread the needle and look a little threatening like i can give it away and i can get closer to president putin. but if there is going to reach a point and you might, you might source of sunshine are just very clear that if she didn't think those too far and he's already gone very aggressively against the platform. and you know, alibaba 10 cent. and if he goes too far in really kind of the eroding what the benefits are for his common prosperity moment movement, which is about the employment of those millions and millions of people in the supply chain, it's going to be too much for him. so i think there's optics here,

but then there's a reality. yes, it may be the case that china may try to help president putin psalm and maybe there will be some financing issues. but i'm just a little less concerned about this dramatic pivot away from the united states were too much economically embedded with each other. absolutely interesting perspective . but ben swan and professor douglas got 3 of arizona state university. unfortunately, we have to go there. thank you so much. from the impact of natural gas to soaring oil prices were quickly closing in on $100.00 per barrel in response to rising tension. this week international benchmark brent crude had a 7 year high of $99.00 per barrel for about falling back to around $96.00. on tuesday. this as west texas intermediate was around $92.00 per barrel. while oil prices are setting off alarms for some opec plus has made it clear that it has no plan to increase production, pass its current quota, especially at some cartel members have failed to produce the additional 400000

barrels per day in recent month. now the energy ministers of saudi arabia and iraq have said they're just fine with sticking to the current plan, indicating that they're also not too worried about oil hitting $100.00 per barrel. but the u. e. z energy minister is arguing that the market isn't under supplied at all, and that is the current tension driving up prices. now, as we've noted earlier in the show when it comes to those tensions, we know that we have the u. s. p u k. and the you moving forward with sanctions against russia falling its recognition of the don bass region. all of that is raising concerns that the u. s. could make it increasingly difficult for other nations to work with russia, which is the world's 2nd largest oil ex, border accounting for 10 percent of all global supply. joining us now, all the latest are boom, most co host christy i and josh young, chief investment officer and founder of bison interest. it's great to have you both on the show today. josh, let's start with you and i know that we've seen oil prices skyrocket over the last year as demand came roaring back while supply has lag behind. so what do you make

of the continued response from opec plus in which the top producers don't seem to be too concerned about oil heading $100.00 per barrel? yes, a great question. um, so it looks like they might actually not be able to produce as much as they're saying. and so their lack of concern from one perspective might also just be that they're getting close to producing their full spare capacity. and so if they just can't produce more than, of course they're not going to be that concerned. they're going to be excited about getting to sell whatever oil they're able to sell for as higher prices, they're able to sell. i absolutely. kristi, given the better of these current tensions, they're growing concerned that if the u. s. and its allies target russia with sanctions, it could lead to an energy crisis. similar to what we've seen earlier this year. how much of a role does russia play in the oil market right now? i mean, russia plays a huge role in energy markets and especially now as demand for oil has outpaced

production growth. this makes it a complete producers market. so if sanctions would to be put in place, then russia would still be able to sell it oil to countries that refused to abide by the sanctions. and they will do pretty well with the price spike. but the us would also be in a tight spot because as of late 2021, the u. s. what's important about $8500000.00 barrels per day of crude from canada, mexico, russia, and saudi arabia, respectively. so russia supplied about 7 percent of us crude oil imports in 2021. so a lot of those barrels would hurt, but it wouldn't be too bad compared to europe and asia who rely heavily on russia. overall, russia was about a 3rd of european natural gas consumption used for winter heating, as well as electricity and industrial production. and that you also turns to russia for more than a quarter of its crude oil imports, which is the block single largest energy source. so the market is worry that few countries will have the spare capacity that can help absorb any shock, still oil market. and the big question is how will europe be supplied with fuel if

sanctions were imposed and booting responds with gas cut off. so the white house is spearheading efforts to redirect introduce applies to europe, but any solution will come at a painfully high cost to europeans who are already battling inflation themselves. and josh, i mean, how do you see the u. a. e claim that geopolitical tensions are having the biggest impact on oil prices and not that the market is not under supplied. i mean, what you actually said there was, they might not be able to actually even meet their supply goal at this point. so we're already been on the road to record prices long before this week, or even the last couple of months. yeah, i think the geopolitical risk aspect. i mean maybe it's pricing in a few dollars barrel. but what we've seen is inventories globally have fallen tremendously for oil. and so as inventories fall, the natural movement for the prices to rise. and what we haven't seen is

a huge increase in rig counts and we haven't seen a huge increase in production. we've seen a bigger increasing consumption than production. and so just naturally from an economic perspective, as your consumption grows and your production doesn't grow enough, you're going to see prices go higher and it looks like prices might go much higher even here. yeah, and i know that we've seen that push really globally to try to push towards more cleaner energy sources. and now christy here in the united states, of course, president biden says he is doing everything in his power to lower both oil prices, answering gas prices here in the us. but given the fact that his administration is discourage us production while being the leading country to threaten sanctions against russia and to move forward with those plans, which of course would impact global supply. what's the overall takeaway here? we've got about a minute left, vice and interest. thank you both for your time and as i thank you for time now for a quick break, but when we come back with equities in the you are thinking it started,

your investors are looking for other options. could investing in sneakers be that future. we're going to bring you that story as we go to break your, the numbers of the clues a move in 20 years. and since one of the world's deadliest terrorist attacks the 2 thousands of lives, people started to scream. there was a wave that came over us that was like opening up an oven door, but not all wounds of heel. the survivors respond does have increased rates of

cancer and other health issues. due to the dust and chemicals they inhaled. coming in to get my blood cleaned out, the metals, a lot of blood in my blood, in terms of 1st responder was well over a 100001st responders. and there were some estimates that tend to 20 percent still have to yes. so we have a cheap full recovery. it's like a minute i have with friends, i thought i was humble before this really home was your depreciate, life look forward to talking to you all that technology should work for people. a robot must obey the orders given by human beings, except where such short or is it conflict with the 1st law? show your identification. we should be very careful about artificial intelligence.

and the point obviously, is to create trust rather than fear. a very job with artificial intelligence, real summoning with a robot must protect its own existence with with the welcome back with the advent of items like out of keys and the idea of decentralized atomic organizations buying high ticket items like an original print of the us constitution. or more recently attempting to show out $4000000000.00 for

the nfl. denver broncos. the concept of investment has become much more broad. and there is a trend that has come up in recent years that revolves around fractional ownership . essentially how this works is investors put down a small amount of money to own shares in a highly sought after collectible, like say, cars, vintage video games, sports cards, comic books, bottles of whiskey and even limited edition and extremely rare sneakers. in fact, last year said to be auctioned off a pair of prototype night air uses that were warned by kanye west at the grammys. for $1800000.00 for the buyer. that was a company called rares, which sells fractional ownership shares in collectible sneakers joining us now to discuss this story is warmer head up a player and ceo of rares drones that drum. thank you so much for coming out to talk about this issue of a bit of a sneaker had myself. i tried to explain to rachel, i would like some people. it's a utility, some people, it's a lifestyle, it's a culture. and so that's kind of where we are on this. we tried to explain

fractional ownership there. how does all this work with your sneaker fios and just how liquid of an investment is that? well, thanks for having me. the 2nd thing is, sneakers have appreciated faster than gold. the s and p 500 and even apple stock consistently over the past decade. so what ramp is allowing, anyone to do is invest in the appreciation of these sneakers on average collectible param of air jordans. while you do a 98 percent return on average, and that obviously out perform the stock market in many other traditional security . so rate is just career market that allows you to the appreciation of collectible sneakers. oh wow. so we should have all just been investing and figuring out what are we doing? always golden doc market. my goodness. all right, so rarely talks about the fractional ownership being qualified by the fcc. so what

does that mean exactly? for investors in a pair of sneakers that actually means security. all of our makers are regulated and qualified through the fcc. our company is regulated by the fee. so what that means is, every speaker we put on our platform has to go through a regulatory process with the securities and exchange commission. and what we do that is what the speaker in 2000 shares and allow individuals access to these. there's be a fraction of ownership. so when you go to a normal ideal process, the same, i think process, the traditional stocks and other security go through on traditional exchanges. and we allow people to invest and make them by susan. and the thought of that is the only sneakers we put on our platform, historically have appreciated and appreciated in big ways. so we're allowing individual now individuals now to invest in depreciation of the meters. the cool thing is most people have a certain familiarity with sneakers, even if you don't know how to value appreciation occurs why it occurs. because

there's something that you can digest easily digest connectivity to. so for a lot of our investor, this is the 1st time they've ever invested in any security. so why not invest in something you're familiar with? because that also, by the way, you know, from a historical standpoint, i'm giving you a 98 percent return on your investment. oh, absolutely. they say invest in what you know, and if you know sneakers, if you know, collectibles, this is the route to go. and i don't want to be too negative with you jerome, but i gotta ask, what happens if the bottom falls out of the market and the retail price of these rare shoes kind of dive? is that just the risk you take with any investment? you know, i mean that is a great question. that is something that we have disclaimers for these are real securities. so just like in a security, the negative can occur, the market can fall out and you lose money and, and we give those, this kind of, on our platform. however, the safest investment or the,

the asset class that has been appreciating has been doing the best of all alternative asset classes, are smith is not just small period of time. but historically, over the past 30 years, sneakers have been appreciated. so the likelihood of, of the bottom falling out sort of think of this, all that aspect class is very unlikely. however, we do have to make a note that that is a possibility, very unlikely, but it is a possibility. yeah, absolutely, especially any investment is going to come with risk. now i'm curious, how does you get to all of this? i mean, how did being a high level athlete that eventually played in the ball, prepare you to start your own business, especially something that may be hard to wrap your head around at 1st in a business that you're probably having to explain again and again and again, that in the great question i guess is the question. so in between, when i was in the nfl play for the ravens on the cold, and why my teammates are in the off season going to different places actually got my m b a at harvard business school. so i was on my way to class at harvard

business school. ready someone actually step by selectable here doing the live and i remember wiping them off and thinking there's gotta be a better way to derive value out of these collectible sneakers than having to physically own them and where they'll allow stuff like this to happen. so at that moment on the way to class and concern the sneakers into an investable asset class like a stock and allow people have fractional ownership. and so just like any other traditional company, when the value of the company rises, so does the value of the shares, an owner that company, and it's the same premise for sneakers and a lot of them will. i will, i was value calculated will. scarcity. nike does an amazing job of controlling supply and demand, meaning they only supply a little bit of this asset and you know, no matter the very eyes which create scarcity, which obviously creates value. and that's where the values are paid. and why that industry is such a good investment? absolutely. don't want anybody, catherine, those concord 11 jerome that theo, of rare, thank you for joining us today. and that's it for the time you get boom,

by some portable tv at portable dot tv. well see you next, send me, ah, think twin is on its own vector, right? so that vector is going in a direction that is not being the classic 2 party system or the class cartels. whether it's the 14 family salvador or the 12 member bang for the central banking system here in the us or any of the other cartels and power cartels. it's on, it's on bacteria. it was done there actually. and it exposes a lot of these cartels. i think while we're saying and in canada, for example, as the result of these money printing, central banks have destroyed society. and without big coin, they wouldn't be obvious.

ah, with russian law makers approved the deployments of troops abroad on the president's request for vladimir putin says he has no immediate plans to use that authorization in the newly recognized dom bus republics. this comes after president putin recognized the independence of the done, yet scuttle guns republics, pledging to ensure peace in the region. i am certain we haven't been abandoned and that we have a future. we greeted the knees with tears and we are happy. at least there will now be order. the bombings will stop and people will be able to lead normal lives was told, it's better to put on a bullet proof vest before stop working. we are now waiting for the red cross who

are going to deliver water. thanks for the people here. all cars.