cross talking, transit landing tensions. i'm joined by my guess by in, in los angeles. he's a strategic planning consultant, a private equity advisor and an independent economic analyst and, and parents request to jog appear. he's professor emeritus at the school for advanced studies in social sciences. right. gentlemen, cross our girls, and if that means you can jump in anytime you want, and i always appreciate why let me go to you in los angeles, you got up early. as for the program, we much will very much appreciate it. i want to start out with this news 1st here, this price cap on russian oil, but it has been sponsored by the g 7 and others. what do you assess it to be? because, you know, this is a commodity that a certain number of countries say that you want to control the price on of one particular producer isn't good at work and should read, should be worried. go ahead in los angeles. well, the west is throwing the kitchen sink at eurasian and west station 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. pass to use 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 powers 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. russia is going to simply call the west bluff and prohibit crude exports at any price lower than assign caps, or really at this point at any price, the mosque are deemed as a floor. where will this makeup of that cheap 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 defectors, who are its 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 going to continue to just benefit at presume discounts while all of europe freezes to death. oh, i get what i want to stay with just one more. second, here, i do 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 going to see fluctuations is kind of 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 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 u. s. petro dollar reserve recycling standard, as russian china have been hoarding physical goal for this very purpose for years now, coupled against a wider building, recession and imminent global sovereign debt crisis. the economic and best 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 for most, which then dictate to all other commodities agricultural or otherwise, in order to try and buckle this building momentum back east. well, the shock 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, europeans don't have any kind of corner on the market here. jack, go ahead in paris. well, on actually, i think that's the price caps. it is a kind off, but me sure of do this parisian of rom, european countries. and as a g 7, of course i the, everybody knows that that will not work. everybody knows that russia add

a lot of time to prepare for zis or an application of price caps. and we'll probably introduce our sub count of juniors or for that. and a, you know, and in the end, are i saying that i, urine countries e u countries, i will not be very, very, am hope to say it will be very uncomfortable with this kind of news which has been proposed mostly for political effects. you know, governance well under pressure to do something. ok. but one of the deed was something stupid and now is they have to leave with the consequences of what the deed. so i think that this problem

will not 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 try and, but again, you know, that right now is, are slightly more than $83.00 a barrow. i'm talking in breadth of worse and a cool move up to the ninety's maybe over the one hundreds in the day to cops. and this will again arise a raise, a major, a problem. i know the issue is the endo grew on the years

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

but z got boost oil at the discount price. so well that said very good for indian refiners, but that's not good. a for a you and certainly not also 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 pine. yeah, the other thing you are 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 saturn, 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. and 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 the 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 sang look it. 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 a, 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 that it's gonna laser torpedo, the death star center, cor, reactor, exploding the battle station to just the merry gold and oil. 2 of the most vital a, you know, monetary and consumable commodities on the planet. a eurasian gold marrying oil pricing and trading is essentially total, 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. the 50 year old monetary confidence trick established by the saudis. and the nixon admin is an

administration with kissinger spearheading the tactical strategy. all of that is about to get optically overturned, thereby triggering a derivatives crisis. that'll bankrupt the largest financial institutions. if it's a lie, automatic all night, let me know to apply. we have to get on go to a short break and out about your break. we'll continue our discussion on trans atlantic tension. stay with arte. ah oh lisa hunter, russians state patrol never. i've stayed on the most landscaping. divest a house lot, send up for a coup in 55. we did. okay. so 9 is to 5 must be the one else

with we will van in the european union. the kremlin media machine, the state on russia for date and school ortiz spoke neck, given our video agency, roughly all bands on you to a little she did you think it with, with, with lower ah, yes. now i can you need yes. if it's deploy box. yes. sir, to nancy in urban group. kim's in a book that probably the national shift,

the radiator viola will showcase in there and let them know that sounds good. it's a, it's a boiler. what is it w boy? ah ah, what would be my last name? don't get caught up in my chair at the shirts. laura doesn't want that asthma. it affects the ma'am, but whole with

almost done with a, with a condition to make it a no. and for, for them to push it up, or with a now, or do a with

the course when you put up a block or is it a voicemail? but i am still able to come by yet exclusions. now i say yes, lynn way, at the suggestion is up with ah, welcome back to cross dock. we're all things are considered. i'm peter about to remind you we're discussing trans atlantic tensions. ah, he's got like a shock in paris here. french, the 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 that 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 all the inflation reduction act and it's a protectionist content bath. the 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 the cost of energy by cearti to $50.00 persons. so it's

a problem of industrialization because of i, a cost in energy is a very, very real question. and a problem is not just a 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 is a general cost of energy and all the music taken. you know, all of these sanctions will arrange the cost of energy to consider public stat and z swill, a create a tremendous buff to ward d industrialization. off to rob and relocation off most of induced trees, either in united states or in also a country ally. maybe i'm

a j via or morocco. no game of at pine. i mean 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 og, we're leaning towards the east. i mean the rational people and they're also endangered now. and so, yeah, i mean, this used to work as a lever. oh, 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, shabby ron, 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 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 corrupt 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 with the, 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 europe. by the way, you know, even us some kind of politician like charlotte, michelle's we is of course, one of the leaders of the e u. s. say that it was europe, ease on its way to get impoverished. now the main problem is will

we be able to implement a kind of major, restrict your ration, or economies and, or industries, you know, trying to protect allies on the very high technologies. so to be able to lower as a general cost, only be cool, of course depreciate 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 these impoverishment off, you will stay with us for at least 3 to 5 years after that. that will depend of course of bullish she adopt. but i don't see right now. any kind of policy which cool a, 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, paul. yeah, but it's not the craving choice of the people. i mean, i'm a good boy. good morning. 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 opaque we run or you know, clinically retarded. they are, i mean, it's almost begging the question over a wider strategic aim at depopulation 425-2400 1000000. 450000000 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 the, 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 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 are gonna start voting here. i mean, this is an unsustainable. oh, i'm not sure you know, on this, this kind of situation could perfectly be sustain a's, a boy reducing the level of democracy in all countries or by i playing ways, internal divisions, you know. and right now you have a lot of government which are as matter of fact, military tree government, or 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 over country. 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 for some kind of demonstration or with reducing the level of democracy. and yes, ah, in the, in this situation, cosby sustainable, this is the, is a 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 in, into a major change of policy. but, well, i'm not very sure of that. and of course, we called the always be surprised, a look at what happened and just in the ra, a right now. but nevertheless, i seeing that the power in place as us 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 there, that we could 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 that go ahead, jack. no, go ahead, pie. go ahead. when did you go ahead? okay, just a quick. a jack. i was just mentioned. just made me think the past is prologue. there are playbooks. playbooks were just tactically, deployed with regard to stoking what happened in a 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. so, but you know the fascism than the fascism imminent will be stoked while blaming the hordes of, of, you know, 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, a based on who's running that 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 ortiz, see you next time. remember cross huggles ah ah

ah. let me honestly, professionally deal. no is phones with you as long as it was legit nativity? project? jewelry. to put me. i'm with the money has been done. love with a woman.

with o is your media reflection of reality in the world transformed what will make you feel safe? isolation for community. are you going the right way or are you being direct? what is true?

what is great in the world corrupted, you need to descend a join us in the depths or remain in the shallows. a government to provide real time intelligence or the battlefield, but your current leading us defense contract to admit helping the government, the military intelligence to ukraine. to find the washington denial of any direct involvement in the conflict with police ready to close germany with those in the arrest of 25 people on suspicion of funding to barnaby or the government that was detained. assisting members of a far right group, challenging the legitimacy of money and to report.