WEBVTT 00:00.300 --> 00:04.820 Brace yourself as the great shutdown begins. 00:05.380 --> 00:09.400 Ladies and gents, this is only getting worse by the day. 00:09.720 --> 00:22.980 And I don't think I remember the last time I saw the leader of multiple countries all doing an emergency press conference all on the same day. 00:22.980 --> 00:36.660 We had, well, let's go to the shared screen a moment, we had the Australian PM, we've had Kirstammer of the UK, we have had the EU, 00:37.300 --> 00:44.280 and we've got Trump as well actually doing, I'm not even sure what he's going to be saying later on, 00:44.280 --> 00:47.840 but even he's saying he's given a big press conference about the war. 00:47.840 --> 00:55.220 Well, I don't remember the last time I saw something like this outside of wartime events. 00:55.840 --> 01:08.280 Now, I want to talk a lot today about the confirmed now, again, a lot of the stuff that I've been talking about for the last three to four weeks here has now been confirmed, of course, 01:08.380 --> 01:15.160 but I want to talk about something that I've been reading today and doing my own calculations and forecasts on, and that's around flights. 01:15.160 --> 01:19.260 So I want to go on to that, but I mean, there's so much that we're going to cover today. 01:19.360 --> 01:21.020 There really is a lot to cover. 01:21.600 --> 01:26.460 So let's just go on to, in fact, let's start with this for some context. 01:26.880 --> 01:31.880 So a little bit of context, here's your update on the fuel aspect. 01:32.280 --> 01:34.860 So you see, this is the largest demand destruction. 01:35.120 --> 01:41.040 I know you can't see because my face is in the way, but it goes all the way down to the bottom of this line now, the destruction. 01:41.260 --> 01:44.300 So this is worse than what happened during the COVID lockdowns. 01:44.300 --> 01:49.960 So I made a post on X that seemed to have got almost 300,000 views in terms of traction. 01:50.460 --> 01:55.800 So let me just talk through what this was about then here, and then we'll go on to a few more points. 01:56.400 --> 01:58.900 So this is a cargo ship. 01:59.240 --> 02:03.280 As of yesterday, about 24 hours ago when I posted this, showed where it was. 02:03.880 --> 02:11.680 This, ladies and gentlemen, is the very last fuel ship that is on its way to the United Kingdom. 02:11.680 --> 02:15.300 And that's it. And I'm not exaggerating this. 02:15.480 --> 02:21.600 I'm not, whatever people keep saying, this is absolutely 100% true. 02:22.220 --> 02:27.900 This is the last fuel ship that is docking tomorrow in the UK. 02:28.440 --> 02:31.700 And they've said there is no other ship planned. 02:32.380 --> 02:33.720 So that's it. 02:34.320 --> 02:40.240 So even though the government and the media has kept saying every day, don't worry, don't panic, everything's fine. 02:40.240 --> 02:44.740 And I've been saying, no, do the opposite of what the media and the government say. 02:45.180 --> 02:47.220 They are not here to help you out. 02:47.300 --> 02:50.460 I know they should be. That is in a normal society. 02:50.660 --> 02:52.180 The government is there to help you out. 02:52.480 --> 02:55.820 But in this case, they're not, they're not here to help you. 02:56.020 --> 02:59.500 Okay. The stuff that they are saying is crazy. 02:59.960 --> 03:02.320 Just carry on as normal, do everything as normal. 03:02.580 --> 03:05.260 But we've also had big announcements from the EU. 03:06.300 --> 03:10.060 And the EU, hold on, let's pull up what they've said there. 03:10.520 --> 03:13.140 Okay. I wanted to say, actually, before we go into the EU announcement, 03:13.540 --> 03:19.480 I wanted to tell you the date that I think Europe is going to run out of energy flow. 03:19.800 --> 03:22.360 And I've got it down as April the 10th. 03:22.980 --> 03:24.340 That's by my own forecast. 03:24.740 --> 03:25.760 April the 10th. 03:25.880 --> 03:32.040 So in nine days time, Europe will run out of predominantly jet fuel, but other energies as well. 03:33.020 --> 03:36.020 Let's look at this couple of articles on this then. 03:36.200 --> 03:37.740 So this was under the telegraph. 03:38.160 --> 03:44.080 This is EU urges people to drive and fly less as last Middle East fuel tankers arrive. 03:44.440 --> 03:46.840 So theirs are already arriving, by the way. 03:46.940 --> 03:48.940 So the UK is tomorrow. 03:49.600 --> 03:54.520 And they're warning of demand destruction, which is an economic term, 03:54.880 --> 04:01.300 which basically means that as prices go up, demand will reduce. 04:01.300 --> 04:02.800 So it's supply and demand. 04:04.060 --> 04:06.860 And that's in effect what they're saying that people will. 04:07.640 --> 04:10.320 And it's quite interesting when you listen to some of the interviews. 04:10.380 --> 04:12.060 These are top diplomats of the EU. 04:12.540 --> 04:16.840 They're saying that it's voluntary right now to reduce your travel. 04:17.000 --> 04:18.500 They're recommending you work from home. 04:18.780 --> 04:20.140 They're recommending you don't fly. 04:20.580 --> 04:21.560 You don't take leisure. 04:22.400 --> 04:28.640 I mean, this is a really bad, this is really bad advice saying not to even travel for leisure and things like that. 04:29.300 --> 04:35.120 Do you realize that the mental health around the world has collapsed in recent years? 04:35.260 --> 04:36.800 The UK is one of the worst now. 04:36.920 --> 04:37.740 I think it's second. 04:38.600 --> 04:42.600 It's either the worst or second from worst as at the last report. 04:43.080 --> 04:46.980 And they're saying that you should just stay at home and be locked down at home. 04:47.160 --> 04:53.760 This is why I called them two or three weeks ago energy lockdowns and people got really upset about this term. 04:53.940 --> 04:55.840 But that is in effect what they are. 04:55.840 --> 05:04.600 If there's no energy pouring in and you can't drive anywhere because there won't be enough fuel anyway. 05:04.840 --> 05:06.900 They've already said now there's rationing. 05:07.280 --> 05:08.420 The rationing has started. 05:09.080 --> 05:12.660 I think it's about, I think it's 14 countries. 05:12.760 --> 05:16.640 It could be 15 countries that there's now fuel rationing. 05:17.040 --> 05:21.940 A lot of it is in Asia, but also the EU has announced there's a couple of countries in the EU. 05:21.940 --> 05:27.140 Romania had just made an emergency announcement today around fuel. 05:27.540 --> 05:31.320 So this is really happening, ladies and gents. 05:32.240 --> 05:33.960 It's really happening now. 05:34.060 --> 05:36.540 So let's have a look at what they have said. 05:36.620 --> 05:37.720 This is today's article. 05:38.460 --> 05:46.060 So the EU is urging people to cut back on driving and flying as the last shipments of diesel and jet fuel reach Europe. 05:46.060 --> 05:54.800 The EU's energy chief warned that Europe facing economic disaster with no end in sight and urged governments to consider emergency measures. 05:55.140 --> 05:58.320 So this is your keywords here to curb fuel use. 05:59.100 --> 06:01.100 So what do you think that means? 06:01.540 --> 06:09.440 They're not saying it because they know the damage it was caused during the COVID lockdowns. 06:09.440 --> 06:17.500 But they're urging governments, so they're not saying it themselves because they don't want to be accused of the ones that are pushing it, pushing an agenda. 06:17.960 --> 06:22.020 So they're telling the governments, the EU governments, you should do it. 06:22.480 --> 06:24.820 So they're saying to use emergency measures. 06:25.600 --> 06:30.260 Well, what do you think that's going to be that there is no more fuel coming in? 06:31.460 --> 06:33.100 What do you think is going to happen? 06:33.220 --> 06:35.460 Heathrow Airport put out an announcement as well. 06:35.460 --> 06:39.740 They said that when this fuel comes in, they just don't know what's going to happen. 06:39.900 --> 06:43.860 There is no more fuel coming in, especially jet fuel. 06:44.720 --> 06:45.880 So what's the EU's advice? 06:46.260 --> 06:47.440 Work from home. 06:47.940 --> 06:50.220 Reduce highway speeds to the minimum. 06:50.800 --> 06:53.020 Encourage public transport use. 06:53.600 --> 06:55.400 Alternate private car access. 06:55.880 --> 07:04.510 Now, isn't this interesting if you think back to my walk and talk two weeks ago when I said the IEA has sent the International Energy Agency. 07:05.050 --> 07:10.830 Has sent out this report to governments around the world and they're all going to implement that. 07:11.250 --> 07:12.750 People thought I was scaremongering. 07:13.470 --> 07:15.250 They said, no, that's not going to happen. 07:15.350 --> 07:16.470 This is never going to happen. 07:16.950 --> 07:18.450 It's here, ladies and gents. 07:18.670 --> 07:22.510 I don't say this stuff because I enjoy scaring people. 07:22.890 --> 07:28.090 I'm saying it to try and help you to prepare, especially the psychological impact of this. 07:28.910 --> 07:31.950 So this is from the EU senior minister. 07:31.950 --> 07:34.670 He said there is no more jet fuel coming in. 07:34.890 --> 07:35.950 There is no order. 07:36.510 --> 07:37.570 There is no delivery. 07:39.790 --> 07:41.490 What more can you say on that? 07:42.190 --> 07:44.710 They then talk about eventual demand destruction. 07:46.090 --> 07:47.470 There is the fight. 07:47.630 --> 07:51.970 This is the last diesel tanker will be arriving on April the 10th. 07:52.870 --> 07:56.650 And it will also carry a few days worth of jet fuel. 07:57.830 --> 08:02.830 However, no more supplies will arrive after this one until the straight opens. 08:03.090 --> 08:05.670 Well, Iran said the straight is not going to open. 08:06.190 --> 08:09.390 And they're not going to be providing to the US's allies. 08:09.730 --> 08:15.630 And it's quite interesting when you listen to the emergency speech today by Keir Starmer. 08:16.310 --> 08:22.630 And it was, I don't know if you picked up on this, but he was very, I wouldn't use the word anti-American, 08:22.630 --> 08:29.010 but he was very clear that he wants to move away from the US and back to the EU. 08:29.850 --> 08:36.890 Well, firstly, the British people, whether anyone likes it or not, the British people voted to leave the EU. 08:37.470 --> 08:42.250 Even though if you think about why they voted to leave the EU, immigration, things like that, 08:42.710 --> 08:44.390 it actually got worse, the immigration. 08:44.630 --> 08:51.630 So this is the way these things often work in these modern days with these certain politicians. 08:51.630 --> 08:55.110 You vote for something that doesn't actually happen anyway. 08:55.290 --> 09:01.310 Or you vote because they say they're going to do things and then as soon as they're in power, they don't do any of it, of course. 09:02.070 --> 09:03.590 But this is what they're saying now. 09:03.730 --> 09:05.210 The flights are going to be grounded. 09:05.730 --> 09:10.750 The planes won't be able to take off because there is no, there may be no jet fuel. 09:11.230 --> 09:18.510 And the deficit is 200,000 barrels a day, which is a quarter of all total demand. 09:19.570 --> 09:22.790 And they haven't given a date, but I'm giving a date of 10th of April. 09:23.090 --> 09:26.050 That is when I think you're going to see it run out. 09:26.390 --> 09:29.470 There'll probably be, even though they're not saying there's going to be another delivery, 09:29.990 --> 09:35.010 if you look at the cargo ships, there is one ship that looks like it may be going to Europe 09:35.010 --> 09:37.090 and it's got jet fuel on it. 09:37.350 --> 09:44.010 So even though they're saying it's going to run out, I think you may get a delivery somewhere around the middle of April. 09:44.230 --> 09:47.090 But again, it's one delivery and that's it. 09:47.090 --> 09:50.150 But even worse, remember I was talking about diesel. 09:50.910 --> 09:56.130 Well, the three diesel containers that were coming to Europe have actually turned around. 09:56.630 --> 09:58.530 They're not coming to Europe anymore. 09:58.870 --> 09:59.710 They've gone elsewhere. 10:00.310 --> 10:05.270 So there's all these arguments around breach of contract, we've paid for the diesel, etc. 10:05.570 --> 10:07.010 Well, they're going to give you a refund. 10:07.270 --> 10:10.610 They're taking the diesel elsewhere where they're going to be paying more. 10:11.030 --> 10:11.990 So this is even worse. 10:12.350 --> 10:14.130 They're not even talking about the diesel yet. 10:14.130 --> 10:18.610 The politicians and the lead, they're not mentioning this aspect of it. 10:18.690 --> 10:22.410 But yeah, these three ships that we're bringing all the diesel in, they've gone. 10:22.590 --> 10:24.590 They're not coming to Europe anymore. 10:26.290 --> 10:33.210 In the UK, jet fuel supplies are going to be the biggest problem because it's almost all imported. 10:33.650 --> 10:34.750 Where does it come from? 10:35.230 --> 10:37.510 Kuwait, India, UAE. 10:41.370 --> 10:43.690 Yeah, that's basically it. 10:43.690 --> 10:49.710 And then diesel then, most of the diesel comes from the US, Netherlands and Belgium. 10:49.910 --> 10:52.290 Well, Belgium and Netherlands need it for themselves. 10:52.750 --> 10:58.470 And whether the US is going to send the diesel to the UK, I assume so. 10:58.810 --> 11:00.150 But how long is that going to take? 11:03.050 --> 11:05.610 This is just, this is really worrying, ladies and gents. 11:05.830 --> 11:07.550 I really do think it's worrying. 11:10.630 --> 11:11.150 Truly. 11:11.150 --> 11:16.350 But I wanted to share with you, I know a lot of you have taken the program now, 11:16.390 --> 11:20.090 but I just wanted to speak into this for a moment because I do think it will help a lot of you out. 11:20.610 --> 11:29.050 Because if you think about this, what's going to happen when your working come starts to sort of dry up 11:29.050 --> 11:31.250 for some people who can't travel if we have these shocks? 11:31.550 --> 11:32.950 It is going to happen to some people. 11:33.250 --> 11:35.830 It's almost a guarantee there's going to be these shocks. 11:36.510 --> 11:40.610 So if you're relying on a job that is all about commuting, what are you going to do? 11:40.610 --> 11:42.770 That's what I want you to think about right now. 11:43.410 --> 11:46.810 But I do think there's a way you can protect yourself, which is what I've done. 11:47.250 --> 11:50.230 More than 600 people are going through the program at the moment. 11:50.670 --> 11:57.150 And it's all about creating digital products and services because it will help to protect you. 11:57.210 --> 11:59.070 Because it doesn't matter what's happening in the economy. 11:59.630 --> 12:03.010 This business actually explodes because people are at home. 12:03.310 --> 12:05.990 Do you remember what happened with Zoom and Netflix and all these others? 12:06.330 --> 12:07.650 People are locked down at home. 12:07.730 --> 12:08.950 They can't do a lot of things. 12:08.950 --> 12:14.070 And this is why I actually created this program even before this crisis hits. 12:14.710 --> 12:20.970 This is more like an academy than a program because it contains three courses within the program. 12:21.590 --> 12:26.170 One is a digital blueprint, teaches you how to create these digital products and services. 12:26.670 --> 12:27.910 The next one is the marketing. 12:28.250 --> 12:31.590 It shows you how to market it and create the funnel around it. 12:31.950 --> 12:34.070 And then the third part is the sales aspect. 12:34.530 --> 12:38.110 And the sales aspect is an automated sales system. 12:38.110 --> 12:40.930 So once you set it up, it will work for you. 12:41.510 --> 12:42.190 So it doesn't matter. 12:42.370 --> 12:48.270 You can create e-books, online courses, printables, templates, membership sites, coaching programs. 12:48.510 --> 12:50.370 You can do all this without leaving the house. 12:50.610 --> 12:51.890 You don't need to commute. 12:52.090 --> 12:54.550 It doesn't matter if there's no diesel, no jet fuel, etc. 12:55.370 --> 12:56.650 You create the product once. 12:56.850 --> 12:59.050 You sell them forever 24-7. 12:59.250 --> 13:00.210 It doesn't matter if you're sleeping. 13:00.650 --> 13:02.230 The funnel will work for you. 13:02.670 --> 13:04.130 So you'll learn all this stuff. 13:04.810 --> 13:06.630 It basically covers everything. 13:07.050 --> 13:08.430 Because this is going to get worse. 13:08.770 --> 13:11.630 And I do think this will be a solution for many of you. 13:11.710 --> 13:13.970 It's like the gold and silver course, remember I created. 13:14.630 --> 13:15.790 A lot of people took that. 13:15.990 --> 13:18.650 A lot of people still to this day email me, 13:18.750 --> 13:19.910 thanking me for that course, 13:19.910 --> 13:23.450 because they made a lot of money from gold and silver. 13:24.210 --> 13:28.310 So the last thing I'd say is there's a 30-day money-back guarantee on it. 13:28.550 --> 13:30.710 So there's no risk to you whatsoever. 13:31.050 --> 13:32.710 The risk is on me if anything, 13:32.810 --> 13:34.810 because I have to pay the penalty for refunds. 13:34.810 --> 13:37.250 So there's absolutely no risk to you. 13:37.390 --> 13:38.330 30-day money-back guarantee. 13:38.470 --> 13:39.130 Just give it a try. 13:40.150 --> 13:41.070 Have a go at it. 13:41.250 --> 13:42.330 See if you like it. 13:42.350 --> 13:42.990 I think you will. 13:43.110 --> 13:45.230 We've only had one refund request so far. 13:45.590 --> 13:46.550 So that should tell you. 13:47.090 --> 13:48.470 And that's basically it. 13:49.210 --> 13:54.170 I really hope that it solves the issue for a lot of people. 13:54.750 --> 13:57.670 Now, there was a couple of other things that get back to this. 13:57.950 --> 14:00.890 This was the EU energy minister then. 14:00.990 --> 14:02.550 He said, this is how it started. 14:02.830 --> 14:03.910 This was on the 30th. 14:03.910 --> 14:06.310 So two days ago, this is how it started. 14:06.910 --> 14:07.350 He did... 14:07.350 --> 14:08.610 And it always works like this. 14:08.650 --> 14:09.550 They say it softly. 14:10.130 --> 14:13.650 He's asking member countries to consider... 14:13.650 --> 14:17.070 So asking, consider cutting back. 14:17.490 --> 14:19.650 Is voluntary right now. 14:20.670 --> 14:23.850 Voluntary with particular attention to transport. 14:24.650 --> 14:27.250 And I'll tell you why this is so serious 14:27.250 --> 14:29.710 and why they're panicking about this now. 14:29.710 --> 14:31.090 It's because... 14:31.090 --> 14:32.230 And this was so funny. 14:32.470 --> 14:33.430 I was... 14:34.230 --> 14:36.190 Sometimes you just doom-scrolling, aren't you? 14:36.210 --> 14:37.610 I was waiting for something earlier. 14:37.850 --> 14:38.510 I had five minutes. 14:39.030 --> 14:41.550 And I was just doom-scrolling, as they called it. 14:41.870 --> 14:42.750 And it was this... 14:42.750 --> 14:46.390 It was a typical person that just absolutely clueless. 14:46.770 --> 14:47.410 Oh, I don't care. 14:47.510 --> 14:50.570 I don't care if diesel goes to the moon. 14:50.650 --> 14:51.470 It doesn't bother me. 14:51.690 --> 14:52.350 And the guy's like, 14:53.790 --> 14:55.490 where do you get your food from? 14:55.850 --> 14:57.550 I'll go to the supermarket, isn't it? 14:57.550 --> 15:00.350 And he says, well, you do realise. 15:00.870 --> 15:03.130 How do you think that food gets to the supermarket? 15:04.050 --> 15:05.050 And you should have seen her face. 15:05.210 --> 15:09.890 She was like, why does that matter? 15:09.970 --> 15:11.970 And he said, because your food gets delivered 15:11.970 --> 15:13.330 with trucks, with diesel. 15:13.810 --> 15:14.650 So if there's no diesel, 15:14.810 --> 15:16.450 your food won't be there at the supermarket. 15:17.190 --> 15:18.710 And it was just strange to me 15:18.710 --> 15:22.210 that a lot of people haven't thought all of this through. 15:24.290 --> 15:26.330 This is the way it's going. 15:26.330 --> 15:28.210 This is why they're panicking so much. 15:28.290 --> 15:29.990 They know what is coming. 15:30.770 --> 15:32.390 And then we get on to flights, then. 15:33.490 --> 15:35.110 Thousands of flights have been cancelled 15:35.110 --> 15:36.950 as Jet Fuel costs soar. 15:37.470 --> 15:39.470 They're warning that of a serious shortage. 15:39.590 --> 15:40.910 It's less than a week away. 15:41.490 --> 15:42.950 So if you've got flights booked, 15:43.570 --> 15:45.170 then I mean, I've got a flight booked. 15:45.310 --> 15:46.490 I'm going out to America. 15:47.270 --> 15:48.850 I've got to do a business trip there. 15:49.710 --> 15:53.530 And hopefully I'll get there fine. 15:53.530 --> 15:55.830 And no doubt I'll get there back 15:55.830 --> 15:57.070 if it fuels up in America. 15:57.290 --> 15:59.270 But people who are flying around Europe, 15:59.470 --> 16:00.770 I mean, really good luck. 16:01.430 --> 16:03.290 Because already one in 20, 16:03.570 --> 16:07.550 so that's 5% of flights were cancelled on Monday. 16:08.330 --> 16:09.470 And you look at the prices, 16:09.750 --> 16:11.510 Jet Fuel's gone from $742, 16:12.570 --> 16:14.850 all the way up to $1,710. 16:15.250 --> 16:16.290 That is staggering. 16:16.930 --> 16:19.330 It's more than 100% increase already. 16:19.910 --> 16:21.470 And this is if you can actually get it. 16:22.250 --> 16:24.190 Airports were informing airlines 16:24.190 --> 16:27.470 to prepare for a no-fuel scenario. 16:28.030 --> 16:29.550 And no-fuel scenario. 16:30.030 --> 16:31.510 And it just shows all the different airlines 16:31.510 --> 16:32.710 that have cut already. 16:33.130 --> 16:35.570 Air New Zealand, Scandinavian, SAS, 16:36.310 --> 16:38.370 United Airlines has even cut. 16:38.730 --> 16:40.950 And that's in the US, United Airlines. 16:42.070 --> 16:43.710 You just think where this is going, 16:43.890 --> 16:46.870 airlines are up 15% to 20% in airfares, 16:47.050 --> 16:50.390 sorry, are up 15% to 20% in the last few weeks. 16:50.390 --> 16:52.230 And this is what they're betting on. 16:52.390 --> 16:55.490 There will be less demand and fewer people travelling. 16:56.110 --> 16:58.250 And then this is even without getting into 16:58.250 --> 17:01.770 the diesel aspect and the lockdowns 17:01.770 --> 17:03.970 and everything else work from home policies. 17:04.810 --> 17:06.690 Now, I thought this was something 17:06.690 --> 17:08.350 that you would find really useful. 17:09.170 --> 17:10.970 And this shows what happens. 17:11.310 --> 17:15.010 Even if the Strait of Hamoose is open tomorrow. 17:15.670 --> 17:16.050 Tomorrow. 17:16.790 --> 17:18.430 Okay, let's just say day one here. 17:18.430 --> 17:19.710 Day one to eight. 17:20.330 --> 17:21.870 Sorry, week one to eight. 17:21.970 --> 17:24.690 There'll be a port scramble and field restart. 17:25.410 --> 17:27.890 But in Kuwait, it's going to take three months to restart. 17:28.550 --> 17:31.450 Weeks two to six, refinery restarts. 17:32.170 --> 17:34.570 Weeks four to 12, refining in Asia 17:34.570 --> 17:37.130 gradually ramps up and crude products. 17:39.330 --> 17:41.390 I can't read that from all the way back here. 17:41.530 --> 17:43.690 But weeks eight to 12, 17:43.930 --> 17:45.530 you're going to get more restarts. 17:45.670 --> 17:47.970 This is not good, ladies and gents. 17:47.970 --> 17:50.470 This tells you how long this is going to go on for. 17:51.150 --> 17:52.190 We already covered this. 17:52.270 --> 17:56.390 The tankers carrying diesel have turned around. 17:56.650 --> 17:57.350 They're going elsewhere. 17:58.950 --> 18:00.410 NATO, we've covered this. 18:00.590 --> 18:02.990 Romania has declared a state of emergency 18:02.990 --> 18:05.350 for their fuel crisis. 18:06.530 --> 18:09.490 And then we had this as well. 18:10.270 --> 18:11.470 Let's share the screen again. 18:12.970 --> 18:13.730 They're talking. 18:14.010 --> 18:15.910 I don't want to go through some of the headlines 18:15.910 --> 18:18.770 because I think some of them are a little bit too alarmist, 18:18.890 --> 18:20.830 but they're saying there's going to be empty shelves. 18:21.090 --> 18:23.790 I don't think we're at that stage yet of empty shelves. 18:24.430 --> 18:26.690 But all of the ministers have been meeting. 18:26.950 --> 18:28.530 The warning has set off alarm bells 18:28.530 --> 18:31.030 with G7 finance and energy ministers 18:31.030 --> 18:33.170 alongside central bank governors 18:33.170 --> 18:36.150 meeting virtually on Monday to assess the impact. 18:36.830 --> 18:40.370 In Brussels, EU agriculture ministers are also holding talks. 18:40.670 --> 18:44.630 There is a growing unrest among our farmers 18:44.630 --> 18:47.270 because the prices of fertilisizers 18:47.270 --> 18:49.690 and also the prices of energy 18:49.690 --> 18:52.090 is growing now very rapidly. 18:53.050 --> 18:54.490 Solutions may take time. 18:54.970 --> 18:57.790 For now, unless fertilizer starts meeting soon, 18:58.410 --> 19:01.170 the strain on food production is likely to show up 19:01.170 --> 19:03.430 on supermarket shelves before long. 19:04.350 --> 19:06.430 Actually, it has. 19:06.910 --> 19:08.690 I tried to grab a video for you, 19:08.750 --> 19:10.430 but on the platform I was trying to grab it from, 19:10.570 --> 19:11.570 I couldn't download it. 19:12.050 --> 19:13.450 But many of you might have seen it. 19:13.450 --> 19:16.590 It was this British greengrocer. 19:16.850 --> 19:18.990 If you know what that is, you are a certain age 19:18.990 --> 19:20.350 if you know what the greengrocer is. 19:21.050 --> 19:22.550 So if you don't know, 19:22.670 --> 19:25.750 he sells fruit and vegetables on a market store. 19:26.230 --> 19:27.490 And he was just walking around 19:27.490 --> 19:30.430 and showing with his phone basically 19:30.430 --> 19:33.670 the price of all of the vegetables, 19:33.830 --> 19:35.130 fruit and vegetables that were coming in. 19:35.610 --> 19:38.410 The prices were astronomical already. 19:38.610 --> 19:41.730 They were up over 100% on almost every item. 19:41.730 --> 19:43.710 Some items were up 200%. 19:44.730 --> 19:47.930 So this is why a lot of farmers are saying now 19:47.930 --> 19:50.510 they're not going to be planting this year. 19:51.070 --> 19:51.970 If you're a farmer, 19:52.050 --> 19:54.590 can you please leave a comment so we can all read 19:54.590 --> 19:57.230 whether you are planting this year or not. 19:57.530 --> 19:58.930 And I understand it will be different 19:58.930 --> 20:01.330 depending on which country you're in. 20:01.390 --> 20:03.550 But I think it'll be really, really useful. 20:03.770 --> 20:04.790 Or if you know a farmer, 20:04.910 --> 20:05.870 you've got a family member, 20:06.390 --> 20:07.270 I think it'll be useful. 20:07.510 --> 20:09.310 Because what I think they're all going to do 20:09.310 --> 20:12.790 is I think that, especially for the UK, 20:13.190 --> 20:14.370 because the weather hasn't been great, 20:14.470 --> 20:15.090 it's been very wet, 20:15.470 --> 20:17.690 there's that sort of gamble now. 20:18.170 --> 20:20.290 If you've watched any of the shows, 20:20.610 --> 20:22.650 you know, the TV, Clarkson's Farm and all the others, 20:22.810 --> 20:25.150 I think a lot of us learned a lot of this. 20:25.510 --> 20:27.110 It becomes a gamble. 20:27.410 --> 20:29.670 If you get too late in the planting season, 20:30.070 --> 20:30.950 what do you do? 20:31.410 --> 20:32.650 Well, I think a lot of them 20:32.650 --> 20:37.010 might consider either not doing a harvest this year 20:37.010 --> 20:39.650 or they may sell that fertilizer. 20:40.010 --> 20:42.290 Because if it's more than 100% up 20:42.290 --> 20:43.770 and they bought it for a set price, 20:44.270 --> 20:45.910 they'll make a profit instantly. 20:46.610 --> 20:49.810 So, again, all of these knock-on effects 20:49.810 --> 20:54.130 that we're seeing now is very, very, very worrying indeed. 20:57.550 --> 20:59.150 So, Stan, let's just cover 20:59.150 --> 21:01.350 what Stan said very briefly. 21:01.430 --> 21:02.850 We don't need to go over all of it. 21:03.410 --> 21:05.410 But he said he would use a summit 21:05.410 --> 21:08.210 with the EU later this year to seek more cooperation 21:08.210 --> 21:10.830 with the bloc on the economy and security. 21:11.370 --> 21:13.250 Well, I wonder if there's going to be a vote on that. 21:13.390 --> 21:15.010 I think there should be a vote. 21:15.330 --> 21:16.630 It doesn't seem like it, 21:16.670 --> 21:18.750 because Stan doesn't usually take a vote. 21:18.850 --> 21:19.570 He just does things. 21:20.250 --> 21:22.250 So, he said, this made me laugh. 21:22.450 --> 21:23.750 I had to highlight this one. 21:24.210 --> 21:25.670 The government has been ahead of the game 21:25.670 --> 21:27.490 in its focus on the cost of living. 21:27.930 --> 21:28.750 No, it hasn't. 21:29.170 --> 21:31.370 What a load of nonsense. 21:31.950 --> 21:33.590 They haven't been ahead of the game at all. 21:33.590 --> 21:37.050 If you think, I've been at least a week ahead 21:37.050 --> 21:39.830 of the governments on all of my forecasts 21:39.830 --> 21:40.910 over the last four weeks. 21:41.410 --> 21:43.450 At least, I mean, yeah, 21:43.750 --> 21:45.670 at least a week ahead on there. 21:46.050 --> 21:46.730 They're not ahead. 21:47.150 --> 21:47.750 They started calling, 21:48.190 --> 21:51.170 instead of calling for an emergency meeting on Friday 21:51.170 --> 21:53.230 when a lot of things were changing. 21:53.430 --> 21:55.030 It was sort of closer to five o'clock. 21:55.410 --> 21:56.450 You remember what they did? 21:56.830 --> 21:57.750 They said, we're going to call 21:57.750 --> 22:01.070 an emergency meeting on Monday. 22:02.710 --> 22:05.170 Who calls an emergency meeting on Monday? 22:05.750 --> 22:06.690 You stay late. 22:07.070 --> 22:08.430 You work for the people. 22:08.610 --> 22:10.770 That is your job as politicians. 22:11.470 --> 22:12.790 The people don't work for you, 22:12.810 --> 22:14.050 and they seem to have forgotten this. 22:14.570 --> 22:15.470 You stay late. 22:15.850 --> 22:17.250 You stay until whatever time. 22:17.390 --> 22:18.190 It doesn't matter if it's midnight. 22:19.230 --> 22:20.810 If I were in that role, 22:21.230 --> 22:22.450 I'd work through the night. 22:22.630 --> 22:24.930 I'd work, even if it was 3 a.m., 4 a.m., 22:24.930 --> 22:25.830 it doesn't matter, 22:25.830 --> 22:28.630 because your job is to serve the people 22:28.630 --> 22:29.430 and their interests. 22:29.430 --> 22:30.530 That's not what they're doing. 22:31.070 --> 22:35.150 They said, we've come up with this revolutionary idea 22:35.150 --> 22:37.690 to help people with the cost of living on fuel. 22:38.330 --> 22:39.030 Go on. 22:39.930 --> 22:40.450 Let me guess. 22:40.630 --> 22:41.870 What's the revolutionary idea? 22:42.130 --> 22:43.950 Are you going to cut the fuel duty, 22:44.010 --> 22:47.190 which you're making billions of pounds on? 22:47.870 --> 22:48.030 No. 22:48.590 --> 22:49.530 They created an app. 22:49.830 --> 22:50.270 What was it? 22:50.330 --> 22:52.430 £180 million to create this app 22:52.430 --> 22:53.750 on whatever cost it was? 22:54.690 --> 22:56.830 Why do you need to spend that much money on an app? 22:57.130 --> 22:58.050 That's obviously a scam. 22:59.210 --> 23:01.310 There's some sort of scam going on, 23:01.390 --> 23:02.370 just like during COVID, 23:02.490 --> 23:04.470 with a lot of the PPE and apps 23:04.470 --> 23:05.810 and other scams going on. 23:06.390 --> 23:08.530 How much does it cost to create an app of fuel? 23:08.950 --> 23:10.070 You look at the Australian one 23:10.070 --> 23:12.030 that I showed you on last week's Walk and Talk. 23:12.930 --> 23:14.430 Someone open sourced that 23:14.430 --> 23:15.550 and the people did it. 23:15.870 --> 23:16.810 It didn't cost anything. 23:17.330 --> 23:19.010 He just ran it off his little server. 23:19.650 --> 23:21.810 So why is the UK government spent millions, 23:22.130 --> 23:22.910 however much it is. 23:23.050 --> 23:24.390 I don't even know how much it is, 23:24.430 --> 23:26.050 but I know it's millions of pounds 23:26.050 --> 23:27.370 creating this app 23:27.370 --> 23:30.770 when they could have just taken the duty off, 23:31.030 --> 23:33.210 because a lot of fuel is duty. 23:33.670 --> 23:34.910 It's tax and it's VAT. 23:35.450 --> 23:37.890 This is what you often don't realise. 23:38.530 --> 23:40.290 Not only do they put a fuel tax, 23:40.390 --> 23:42.150 which is the bulk of the fuel, 23:42.390 --> 23:45.090 but they put a VAT on the fuel tax. 23:45.230 --> 23:45.930 Did you know that? 23:46.230 --> 23:47.690 They put it on top of the fuel tax. 23:47.770 --> 23:48.410 It's not separate. 23:48.930 --> 23:50.390 It's not 20% on the fuel. 23:50.670 --> 23:53.190 It's 20% on the fuel and the fuel tax. 23:53.470 --> 23:54.610 It's such a scam. 23:54.610 --> 23:56.970 So they can make it easier for people right away, 23:56.970 --> 23:57.730 but they're not. 23:57.870 --> 23:59.270 They're raking in all this extra money. 23:59.270 --> 24:00.930 I can't stand this government. 24:01.070 --> 24:03.790 I really can't. 24:04.590 --> 24:05.990 Anyway, calm down there. 24:06.090 --> 24:06.750 Relax, relax. 24:07.350 --> 24:09.410 So the foreign secretary has said 24:09.410 --> 24:14.590 that she is hosting 35 nations on Thursday. 24:14.770 --> 24:15.650 So this will be tomorrow. 24:16.530 --> 24:19.430 And this is to discuss the measures 24:19.430 --> 24:21.350 to make the Strait of Homoos accessible 24:21.350 --> 24:25.310 and for the safe passage of cargo ships. 24:25.490 --> 24:27.450 Well, you can't do that. 24:28.290 --> 24:30.550 So this was interesting because 24:30.550 --> 24:32.830 I want to pull up another article. 24:33.410 --> 24:35.450 I had to search this out with this article. 24:36.250 --> 24:36.590 Here we go. 24:37.110 --> 24:39.110 So I thought, OK, well, how exactly are you going to do that? 24:39.330 --> 24:40.310 Ah, hold on. 24:41.150 --> 24:44.010 More UK troops are being sent to the Middle East. 24:44.150 --> 24:46.850 The Defence Secretary has confirmed. 24:47.290 --> 24:48.650 This came out two days ago, 24:48.850 --> 24:50.350 but I didn't see this article. 24:50.350 --> 24:52.090 I don't know if you saw the article, 24:52.090 --> 24:53.070 but I didn't see it. 24:53.390 --> 24:55.490 I didn't see any of this on the news 24:55.490 --> 24:58.070 that the UK was sending all of these troops 24:58.070 --> 24:59.130 to the Middle East. 24:59.390 --> 25:01.130 So that kind of makes sense now 25:01.130 --> 25:05.030 with this 35 nations, 25:05.670 --> 25:07.910 and they said they're going to deal with it. 25:08.170 --> 25:09.730 How exactly are they going to deal with it? 25:09.910 --> 25:11.830 Because it will be a suicide mission 25:12.220 --> 25:13.750 to go into the Strait. 25:14.110 --> 25:16.350 Why do you think the US hasn't gone into the Strait 25:16.350 --> 25:17.730 with their aircraft carriers? 25:17.730 --> 25:21.770 And yet what these 35 nations are putting something together? 25:22.870 --> 25:26.530 I just think the whole situation is madness. 25:27.170 --> 25:28.250 Absolute madness. 25:29.010 --> 25:32.350 So let's get a bit of context on this then. 25:33.230 --> 25:35.110 Details of the initiative. 25:35.450 --> 25:38.410 It's been signed by the UK, France, Germany, Italy, 25:38.570 --> 25:42.110 the Netherlands, Japan, and a load of others. 25:45.370 --> 25:47.710 Goals of this then. 25:48.390 --> 25:51.510 Initially it's diplomatic and political options 25:51.510 --> 25:53.930 to reopen safe passage. 25:54.610 --> 25:56.970 Well Iran's already said they're not going to be doing this, 25:57.010 --> 26:01.030 and this is why you've seen Italy and Spain now 26:01.030 --> 26:03.050 not allowing military aircraft, 26:03.290 --> 26:05.950 so US or Israeli military aircraft. 26:06.490 --> 26:08.890 They've said because, well they haven't said it, 26:08.930 --> 26:10.050 but I think the reason why 26:10.050 --> 26:13.130 is because they want to try and negotiate with Iran. 26:13.590 --> 26:15.310 And I think that's probably what some of these other countries 26:15.310 --> 26:17.970 are going to do, but if it doesn't... 26:17.970 --> 26:19.710 Let's be honest here. 26:20.110 --> 26:21.730 If they can't get this open, 26:22.410 --> 26:23.610 what do you think is going to happen? 26:24.210 --> 26:26.090 There's no other option. 26:26.430 --> 26:30.830 They're going to have to be pulled into military action. 26:31.330 --> 26:34.710 I don't see any other way around this. 26:35.210 --> 26:35.790 I just don't. 26:36.470 --> 26:38.310 So let's just think this through. 26:38.310 --> 26:40.570 I know that my brain works differently 26:40.570 --> 26:44.090 and I can just see forecast way ahead in the future, 26:44.190 --> 26:47.170 but let's just look at this very rationally and logically. 26:48.390 --> 26:49.950 They're about to run out of diesel. 26:50.850 --> 26:52.530 They're about to run out of jet fuel. 26:53.190 --> 26:53.990 No flights. 26:54.510 --> 26:55.830 The supply chain breaks down. 26:56.550 --> 26:57.690 Manufacturing breaks down. 26:58.250 --> 26:59.110 Jobs breaks down. 26:59.630 --> 27:01.910 I mean all sorts of employment scarring would take place. 27:02.190 --> 27:03.810 It's not just driving jobs, 27:03.890 --> 27:06.290 but anyone that drives to their job, 27:06.290 --> 27:10.110 if you can't work from home, this isn't like COVID lockdowns. 27:10.450 --> 27:13.130 This time there's no sort of key workers. 27:13.550 --> 27:16.470 If there's no fuel, how are you can't move around? 27:16.950 --> 27:18.770 The economy would start to crash. 27:19.430 --> 27:21.410 The food would stop coming in. 27:21.830 --> 27:23.230 There's no fertilizer anyway. 27:23.770 --> 27:26.990 It's blocked, which means less food coming in, 27:27.070 --> 27:28.890 less food produced, less food coming in. 27:29.770 --> 27:32.270 That means higher prices at the supermarket 27:32.270 --> 27:34.050 and shortages of certain products. 27:35.070 --> 27:36.990 There's no way this would continue on. 27:37.250 --> 27:38.770 And it gets worse from there. 27:39.130 --> 27:40.370 This isn't the best-case scenario. 27:42.070 --> 27:44.690 I was going to say this isn't the worst-case scenario. 27:44.810 --> 27:46.070 It gets worse from there. 27:46.710 --> 27:47.750 So what would happen? 27:48.230 --> 27:50.050 I think they're going to have to go... 27:50.710 --> 27:52.150 And it won't happen right away. 27:52.290 --> 27:53.970 It's probably going to take one to three months 27:53.970 --> 27:55.170 before they get to this stage. 27:55.510 --> 27:56.670 But it's going to be militarily. 27:57.590 --> 28:00.050 I can't see any other way unless they... 28:01.730 --> 28:03.690 No, I don't see any other options at the moment. 28:03.690 --> 28:05.770 But please leave comments for me, 28:05.850 --> 28:07.070 because I love reading your comments, 28:07.190 --> 28:10.210 and it gives me ideas when I see some of your ideas. 28:10.310 --> 28:11.970 And I sort of take those in, 28:12.090 --> 28:14.350 and then I can adjust my forecast 28:14.350 --> 28:16.410 and I do more research based on what you say. 28:16.470 --> 28:17.690 So please do leave me a comment. 28:17.850 --> 28:18.730 I do appreciate it. 28:19.350 --> 28:22.110 And again, thanks for being subscribers here. 28:22.630 --> 28:25.130 I know I've gained a ton of new subscribers 28:25.550 --> 28:27.210 right across all the video platforms. 28:27.430 --> 28:29.530 I stream on six different video platforms 28:29.530 --> 28:30.950 or make videos there. 28:31.830 --> 28:33.770 Gained a ton of new subscribers. 28:33.910 --> 28:36.150 So thank you, everyone, for subscribing. 28:36.790 --> 28:39.310 I hope I'm delivering what you want 28:39.310 --> 28:42.810 and trying to keep it as accurate as possible as well. 28:43.390 --> 28:44.530 And just a reminder about the 28:44.530 --> 28:46.610 Programmed Digital Income Mastery. 28:46.670 --> 28:47.310 Have a look at that. 28:47.630 --> 28:48.390 Just watch the video. 28:48.550 --> 28:50.350 See what you think for yourself. 28:50.490 --> 28:51.090 And apart from that, 28:51.370 --> 28:52.310 take care. God bless you. 28:52.430 --> 28:53.330 God bless your families. 28:53.770 --> 28:55.010 And I'll see you on Friday 28:55.010 --> 28:56.750 for The Walk and Talk. 28:57.110 --> 28:57.430 Take care.