asian and west asia, monetary integration essentially, that's the bottom line. it's not going to be discussed. obvious in western press, but those of the underlying stakes like price capping oil is a flacid hail mary. past is a football analogy, just the whole concept of a quote unquote buyers. cartel dictating price caps against major energy producers, shows desperation against losing essentially obsolete monopoly pricing power is from dangerously over leverage, speculative market centers mean london, not ensuring russian energy transport vessels as pointless as well. because moscow's already arranged for alternative asian ensure. so the stuff is just optics . immediately rush is going to simply call the west bluff and prohibit crude exports at any price lower than assigned caps. or really at this point at any price, the mosque out gm's as a floor. where will this makeup of that sheep, russian, oil, or natural gas, a supply come from ultimately iran, venezuela, or the saudis,

all of whom are leaning further eastward anyway. north american gas via c transport, an obscene price multiple to russian gas. any reduce russian energy supply is going to just boomerang on the set price caps, while russia simply continue selling energy to inevitable cap to factors. who are it's longstanding, loyal customers anyway. i mean, that's because in contrast to fee money, oil and natural gas cannot be printed, neither can gold, silver, platter, palladium or any other vital industrial commodities. hence, momentum as with the east, which sits on these physical commodities. and i know these customers of russia gonna continue to just benefit at presume discounts while all of europe freezes to death. oh, i get when i, when i say with just one more 2nd here i do you see price distortions as a result of this? because this is what some people are claiming that the price of oil actually could go much, much higher because of this price cap. yes, and that's, you know,

because at the core of it and you know, the oil price caps, you're going to see distortions. you gonna see fluctuations is going ultimately benefit the suppose it ah, victims of the caps because again, they sit on the commodity itself. the oil price capture ultimately about beating back rapidly building eurasian momentum against over a century of trans atlantic global monetary standard. dominance be a by the dollar now or by the pound sterling before it. gold and other vital commodities back digital currencies are being introduced by russia. and it's close ally china to specifically replace the at this point, i think nearly half a century old us petro dollar reserve recycling standard. as russian china have been hoarding physical goal for this very purpose for years now, that coupled against a wider building, recession, a hand imminent global sovereign debt crisis. the economic invest political stakes for the west of never been higher. and hence, they're willing to, you know,

further, can continue to sacrifice their own consumer base with out of control inflation, which in turn is dictated by energy prices foremost, which then dictate to all other commodities agricultural or otherwise, in order to try and buckle this building momentum back east. well the shockey here in paris i'm, i hope it's not getting too cold there. but this is a choice of the europeans have made here. um, and they talk about getting through the winter, but not just this winter. there's a huge displacement going on here. have the europeans actually thought this out, because as high as said, you know, of many countries in the world by russian oil, the europeans don't have any kind of corner on the market here. jack, go ahead in paris. well, actually i think that the price caps, he's a kind of mature of do the spiration, rob european countries. and as a g 7, of course the,

everybody knows that that will not work. everybody knows that russia add a lot of time to prepare for the application of price caps, and we'll probably introduce some count of his use for that. and, you know, in the end i saying that you're in countries, you countries will not be very, very reach hope to say is it will be very uncomfortable with this kind of news which has been proposed mostly for political effects. you know, governments well under pressure to do some think ok. but once a deed was something stupid and now is they have to leave with the

consequences of what the deed. so i think that this problem, we love be a major problem for russia. even if, even if it reduce the volume of some or export. yes, that's quite possible. but is a major problem will be you and probably the oil price we'll claim. but again, you know, that right now is, are slightly more than $83.00 a barrel. i'm talking in breadth of worse and a cool move up to all the ninety's. maybe of the one hundreds in the day 2 cops and this will again arise a raise, a major a problem. i know the issue is the endo grew on

the yes of oil and shoe. and zat is positively important because a large port of just oil, which was consumed in your rock was imported from russia. now, if you are not importing just oil from russia drive, so we'll climb back. well, remember what exactly you're saying here is that ok, the europeans will have to import other oil from other trees. there will be much higher in price while russia is selling its oil to other countries at a discount, right? yes, yes, yes. and probably sold really what happened was india and china and mostly india. you knew that india isn't ease. now, reselling to europe, to eat you countries and refrained products are at of course the market

price, but z got boost oil at the discount price. so well that said 0 good for indian refiners, but the book good a for an e. u and certainly not pose a you industries. okay. where a pie so you know, so what we're going to do is he, the indians realised that the europeans became rich off of cheap, reliable russian energy. now they're going to do the same thing. ok. this is not difficult to understand pi. yeah, the other thing both of you just mentioned, i agree with jack on his analysis is, i mean this is like 5th degree of 5th dimension. chests, whatever the analogy you want to use, because ah, as the oil price spike sat in, or $200.00 a barrel of it, you know, and yet india and china and these kind of traditional loyal customers to russian oil and natural gas benefit from cheaper pricing. all of this will gradually

dovetail geopolitically into serving what i mentioned earlier, this eastern currency play, which seeks to replace the petro dollar standard. ah, it's aimed at doing that in order to make it attractive. a showing the dysfunctions of western stayed, you know, obsolete pricing of powers while disabling sanctions at the same time against russian or partners. and while lowering inevitably lowering energy prices for these consuming countries, which will then become attractive to europe, north america, and other parts of the world that are like, what are we doing wrong? whereas india and southeast asia and east asia are paying such attractive prices and growing as a result and not freezing to death and pi at the same time. these countries will be buying oil, not in dollars, very important. not in dollars, correct? yes, i mean that's what's being essentially set up is an alternative that's been an years

since the make. i mean that the chinese were very vocal about a 12 years ago, 2010 to the west saying look, this is unsustainable to just continue to have a dollar monopoly on pricing of, of these vital commodities. so gradually, a very patiently they've been putting up the mechanisms in place in order to essentially marry oil to gold. i mean, what this is, if you, if you think about it and, and, you know, just and skin at laser torpedo, the death star center cor, reactor, exploding the battle station to just the merry gold and oil to the most vital, a monetary and consumable commodities on the planet a eurasian gold marrying oil pricing and trading is essentially toto pulling the dog, pulling the green curtain back on the wizard of oz, while his yelping pay no attention to the man behind the curtain. a 50 year old monetary confidence trick established by the saudis. and the nixon admins,

an administration with kissinger spearheading the tactical strategy. all of that is about to get, optically overturn, thereby triggering a derivatives crisis. that'll bankrupt the largest financial institutions. if it's a lie. com, that's it all night. gloomy noted by we have to get a go to a short break and out about your break. we'll continue our discussion on trans atlantic tension state without a ah ah, lisa canter, russian state total narrative. i've stayed as i'm phoning northland scheme. div, asking him the american house for

a group in the 55 we did. okay, so 9 is $25.00. i'm speaking with van in the european union, the kremlin media machine, the state on russia for date, and r t spoke neck, given our video agency, roughly all band on youtube and pinterest, and with me a minute, i mean you a little boy and a border with my

listen, look and you live muscles. if you look on the initial be welcome. not to get a dealer post on zillow while it deals can use to put value when you, when you do the origin by y'all as to which the done a similar to like want to put that on the billing system. you would you what i see the student boss who's though group you motivation says diesel tutorial, gumbo sub i'm put you in your list to let them maximize, posted to the, with a almost done with a,

with a condition to make it a no go for them. to push it up with a no, i do, but that's all right with the course when you put up a block or is it

a voicemail? but i am still unable to come by yet exclusions. now i say yes. name way at the suggestion is up with . ah, welcome back across stock were all things are considered. i'm peter about to remind you we're discussing trans atlantic tensions with has got like a shock in parents here. french, french president mc chrome was visiting the united states on a state visit. and he kind of make actually pointed out to biden, that when the u. s. administration is doing the visa v, europe is well, very, very painful. the inflation reduction act,

obviously misnamed. but it's beginning to pence now is really beginning to pinch that the americans are, are, are really damaging the european economy to the point where i've been saying over the last few months with my guess is it b, d and the industrialization of europe. it's real. go ahead in paris. yes, yes, yes, yes, it said to the real, of course president my call, as for queues to on the inflation reduction act, and it's a protectionist content bath, is a main problem, is the fact that with higher energy price in europe and higher energy price will stay with us for years, because just a, you know, are changing from a gas o to gas and to ellen g gas ease to increase a cost of energy by cearti to 50 persons. so it's a problem of industrialization because of i, a cost in energy is a very, very real question. and the problem is not just because an inflation reduction act,

of course, it's a protectionist act, the by the united states. but by the way, it's not the 1st time in the united states are doing that, and we don't have to be so much surprised by that. no. the main problem is the cost of the general cost of energy and all the muses taken. you know, all these sanctions will raise the cost of energy to a considerable extent, and this will create a tremendous burst to ward d industrialization off your rock and relocation off most of industries, either in united states or in our country ally maybe a, a j via or morocco. okay. love it. hi. i mean the, the, the, the u. s. is really a,

is aware of what it's doing to it's great allies in europe and their common cause with ukraine. i mean, this is a, this is robbery. and, and, and the europeans are going along with it. i mean, they're complaining a little, or they're pointing it out gently pointing it out. but the, you know, they put themselves into a straitjacket pi. yes, yes, yeah, i mean the masses across europe as jak just intimated, are increasingly on the side of what essentially german industry. ugh, pre merkel and even during merkel were leaning towards the east. i mean, they're the rational people and they're also endangered now. ah. and so, yeah, i mean, this used to work as a lever ho geopolitical lever, obviously in decades past in the mid eighty's, the collusion a between washington and the saudis, and opec essentially being run by london in new york and switch banks would do things like tactically drop the price in order to torpedo the show be the economy.

it was that was a reprise of what had happened like roughly 10 years earlier against an obstinate sha iran who wanted to start to set his own pastor. they torpedoed his. you know, when you, when you tweak the oil price, you're able to do many things this time, i think it's a boomerang. why? because a deep recession is imminent in the u. s. which will only worsen what the financial crisis kicked off in the way of chronic unemployment and diminishing consumer returns. again, right, when the dollar is being a challenged is world reserve currency. so russia and china know what they're doing, the repricing gold away from the correct london bullion market association in new york call max, while they're tying it to oil. all of this will grant share a worldwide pricing for those monetary metals along with oil. eventually, while taking weaponized economic hammers away from the us treasury department and not just against russia or its allies, but against really anybody. well, shock and wait with the pressure on energy prices here. then prosperity in europe

essentially comes to an end because it was cheap, reliable energy that made that possible, that they're not going to make up for it. then there's, they're not going to have any new technology to replace this, or at least anytime soon. i mean, politically, that is untenable. how much longer can this go on? go ahead and paris. oh, we don't know. the basic fact is, we don't know each absolutely sure that this will lay to an info, very richmond of your rock. by the way, you know, even us some kind of politician like charlotte shells with, of course, one of the leaders of the e u as say that as of course, your rop is on its way to get in reached. now the main problem is will we be able to implement a kind of medial, restrictive ration all for economies and, or industries, you know,

trying to, to kept alive on the very high technologies. so to be able to lower as a general cost, only be cool, of course, depreciate the euro, but then we will run into a large conflict with as a german opinion, public opinion. so by the way, what is quite sure now is that this impoverishment off, you will stay with us for at least 3 to 5 years after that. that will depend of course of public she adopt. but i don't see right now. any kind of policy which cool get us up from this trap. and this is very, very disturbing. you have been pie, this is all done intentionally. i mean,

it's not like russia sanctioning europe. europe is sanctioning russia and this is the result here. this was a craven choice on the part of the west. go ahead by. yeah, but it's not the craven choice of the people. i mean, i'm a good boy. good point. this is really kind of forcing the issue over who's in charge, and i don't mean, i don't mean just, yeah, who's in charge of the european union. i'm in hand to was macro ones that then and perhaps a perennial boss. but who is essentially trans atlantic in charge dictating policies, regardless of how o peakley run or you know, clinically retarded. they are, i mean it's almost begging the question over a wider strategic aim, a d population 400 and 252400 milli foreign and 50000000 people across europe. what are they anticipating being in order to deal with on serviceable obb, dad and, and a public obligations and pensions and everything to try and buy what 2030,

get it down to. half of that may i know it sounds like extreme thinking, but when you're, when you're looking at a who is dictating policies that are not popular at the, to say the least and will have very serious blow back. unless there's just full blown war. it really begs the question over a wider agenda involving just completely re making the european map, not just geopolitically, but population wise, and just the general makeup of what it is so that you know d industrialization at the least. i mean, i'm very concerned about what the european con, whether you're a member, the or not. i mean it's almost like a sacrificial lamb being set up in order to maintain the power structures of those that have been dictating, essential currency and monetary platforms for over a century. now, image jacket, the that is not sustainable over time. okay. i mean, there is still the something called democracy, at least, you know, in

a little bit of it left in europe. i mean, people going to start voting here. i mean, this is an unsustainable i'm not sure you know, on this, this kind of situation co perfectly be, sustain a's, a boy reducing the level of democracy in all countries or by, i are playing with internal divisions, you know. and right now you have a lot of government which are as matter of fact, military tree government, look at germany, look at for all of a worse, you know, and macro m as less than 30 persons of water at the 1st round. and it has been elected by default, and this is also true in the lot of other countries. so we cool work we, as we could do with a lot off, i would say millimeter in government. oh, to with

a problem in suppressing some forth or some kind of demonstration. oh, with reducing the level of democracy and yes, ah, in the ann this situation, colby sustainable, this is the major tragedy. by the way, this situation will not be sustainable, then they're called b as some kind of, oh, we call say yes of course, and people will react. and this will an into a major change of policy. but, well, i'm not very sure of that. and of course, we call the always be surprised, a look at what happened and just in the of ra, a right now. but nevertheless, i seeing that it's a power in place as a so much and hand on every single engine made years in different

kind of way or for suppressing dissenting opinions. there. i mean, it may shakira mean that we can have differences of opinion arising. populism been pi, i having food and warm, that these are kind of basic things and, and on a continent that got used to that being rich pie. wow, prologue, go ahead, jack. no, go ahead, pie. go ahead. when did you go ahead? okay, just a quick a what jack i was just mentioned, just made me think the past is prologue. there are playbooks. playbooks were tactically deployed with regard to stoking what happened in ukraine in 2014 and sense. and i sense that trend will be applied by the quote unquote powers that be across the european continent. i essentially sri stoking fascism just like 90 years ago. and for the same purposes to take on a researching eastern block, a eurasian power that, that is unprecedented. right?

now in every way, ah, so, but you know the fascism than the fascism imminent will be stoked while blaming the hordes of a mongrels or whatever the terms will be used from asia, from the southern hemisphere that are quote, unquote, looking to destroy our way of life expect a further disturbing eastern pivot based on who's running that as well. and we all know who to blame the elite that rule over us at all the time we have gentlemen many, thanks my guess in paris and in los angeles. and thanks to our viewers for watching us here at our t. c. you next time. remember cross huggles ah, with profession medial

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yet. so to handle most of his emotional specially to renew the lease is up to engine, you talk a little of doing piecemeal. mm ah, china's president is set to arrive in saudi arabia, 1st summits of boost of beijing gold eyes. thus, as both country is strained, relations with us, leave washington sideline with radiance rights hit, the city i've done yet, overnights leaving 6 people dead and 19 with and no order to have washington civilians and military aid to ukraine. as democrats say, it's not the right time locking resolution to probe the immense both of the country .