Trump makes Fatal Calculation during War!!!
3/7/202621 mincomplete
0:00Donald Trump has been making fatal error after fatal error after fatal error, resulting in
0:06economic calamity here in the United States and abroad.
0:10Donald Trump did a shakedown, of course, of Middle East nations saying they got to
0:15join the Board of Peace, give him money that goes into who knows what bank
0:21account. He says, I'll give you protection.
0:23Then Donald Trump impulsively, after hearing that Israel is going to attack Iran, Donald Trump
0:30initiates his invasion of Iran and then screws over every Middle East nation, absolutely destroys
0:37all of those nations that Donald Trump also was doing his own personal business interests
0:43with as well. And now you have countries like Qatar after Donald Trump was holding
0:48this Board of Peace or whatever the hell called it meeting.
0:51You have Qatar saying the Iran war could bring down the economies of the world.
0:58That's what Qatar saying. Qatar usually will give you statements when it comes to the
1:03economy that's even keeled. They're saying economic calamity.
1:08The entire economies of the world could be on the brink of crashing.
1:13They warn that oil, you know, right now, $95 per barrel, that could see $150
1:20per barrel within days as Gulf countries prepare to shut down production.
1:26Qatar predicts that all Gulf energy exporters will shut down production within days.
1:32Let me repeat that. Qatar predicts that all Gulf energy exporters will shut down total
1:37production within days. And even if the war then ends immediately, all of a sudden,
1:42Donald Trump declares fake victory, even though he's a loser.
1:46Qatar says, look, it'll take us weeks or even months to return to normal.
1:50And Qatar predicts that natural gas prices are now going to rise 400%.
1:55Qatar says that global GDP will be hit in massive ways.
2:00We could be heading into a world economic depression as a result of Donald Trump
2:06if this continues for just a few more weeks.
2:09And Qatar says that the war will delay all expansion plans for countries in this
2:16region. So Donald Trump, of course, responds with a panicked response, because that's what the
2:22Trump and his regime always does.
2:24So they say, OK, OK, here's what we're going to do.
2:26We'll provide insurance to the entire region, regardless of the country.
2:33Let's get those freights. Let's get those big cargo ships.
2:39Let's get them out of the Strait of Hermes.
2:41Take the risk, everybody. We'll get you out of there.
2:44And if you get hit and people die because Iran is hitting their targets, all
2:50good. We've got you when it comes to insurance.
2:53So Donald Trump orders the U .S.
2:56Development Finance Corporation. You got to do this.
2:58But here's the catch. The U .S.
3:00Development Finance Corporation is 200 billion dollars short of the capacity needed to underwrite insurance
3:07policies for ships going through the Strait of Hermes per Financial Times.
3:13The details include the following.
3:15The U .S. D .F .C.
3:16was ordered by President Trump this past week.
3:20Ensure vessels, give them insurance in the Strait of Hermes because no insurance company is
3:25going to do it right now.
3:26So Trump's like the government will do it.
3:29Big government. You know, the government here in the United States that rips away people's
3:33health care, that sends ICE and Border Patrol, Gestapo to kill people, right?
3:38The destructive government. They're going to do insurance when it comes to these cargo ships.
3:44But D .F .C. reportedly has a 154 billion dollars of the 325 or 352
3:52billion needed to underwrite insurance policies.
3:55Raising the total liability cap for the U .S.
3:58D .F .C. would require an act of Congress.
4:02Traffic in the Strait of Hermes is now down 92 percent, nearly 20 million barrels
4:07per day of oil supply are currently frozen.
4:11So then after Donald Trump realizes, oh, we don't have the money, he's like, all
4:15right, let's do it on a rolling basis then.
4:18And we'll basically do like 20 billion a ship, 20 billion a time.
4:24And let's do it that way.
4:25But no one, no ships are leaving the Strait of Hermes right now as long
4:30as Iran continues to be able to operate the way they are with their Shahid
4:35drones and ballistic missiles. And you saying that you have this money and you don't
4:41at this point, you have negative confidence in you.
4:44In essence, people recognize like they should have from the beginning that you're an absolute
4:49con man. And you talk about the economic calamity and the fatal decisions by Trump
4:54on top of fatal decisions.
4:56As the Financial Times reports, depleted oil reserves now leave the United States exposed as
5:05Iran war pushes up prices.
5:07So the strategic oil reserve is currently at.
5:11415 million barrels or so, or 58 % of what it needs to be.
5:16Trump never took advantage of the lower oil prices that existed before during this past
5:24year in order to top off the country's emergency supply before launching this war against
5:31Iran, which is creating an absolute catastrophic effect.
5:36And one of the things that Donald Trump promised on his campaign, but everything he
5:41says is an absolute lie is we're going to replenish the reserves.
5:46We're going to replenish the reserves.
5:48Now, one of the things that Biden actually did effectively, but Trump and MAGA were
5:52criticizing is that Biden would sell portions from the strategic reserve to actually make profits
6:02off of them. And then when the price of oil would go low, Biden would
6:06replenish it. But there were times when the strategic reserves would be low.
6:11But Biden was actually executing very sophisticated oil trades at the time.
6:17But anyway, that was being criticized by the Trump regime.
6:20And the whole, one of the big things that Trump was saying, I mean, you
6:23know, he said a lot of crazy things during the campaign, mostly crazy things.
6:27But one of the things he was like is, you're not replenishing the reserves.
6:31So Trump had the ultimate ability to replenish the reserves.
6:34And also, he invaded Venezuela.
6:36And one of the things he said he was going to do, remember with Venezuela,
6:40I'm going to take that oil and replenish the reserves.
6:44He didn't do that. So let's ask the question.
6:46So where the hell did that oil go?
6:49To Donald Trump's oligarch buds, Donald Trump took the money and moved it to Qatari
6:55bank accounts. And now Qatar is under attack.
6:58That's what Donald Trump put it into accounts for himself when he could have, if
7:03he was focused on the national interest, replenish the strategic reserves.
7:08And so we're just getting data point after data point right now.
7:12That is very, very worrisome because you have Donald Trump launching this war.
7:17And when we talk about the fatal errors, the fatal moves, the fatal maliciousness by
7:24Donald Trump, we already saw inflation rising.
7:28Inflation was starting to surge because of Donald Trump's tariffs against the world.
7:33The Supreme Court gave Donald Trump an out, an ultimate out when they ruled against
7:39his IEPA, emergency tariffs against the world saying, you don't have this power.
7:45So what does Donald Trump do right after?
7:47He invokes section 122 of the trade act of 1974, which is also inapplicable.
7:54He says, I'm going to use this.
7:56And then I'm going to use all of these tariff inspection capabilities.
8:00So I'm raising the tariffs to 15 % across the entire world.
8:05So Donald Trump does the section 122 unlawful thing, 15 % tariffs against the entire
8:12world. The world is pissed, livid at Donald Trump for doing this.
8:16And then Donald Trump invades Iran, doesn't listen to what the people with the other
8:24countries in the Middle East who were just there for his stupid board of peace
8:28thing, you know, were saying to him, he doesn't replenish his oil reserves.
8:32He screws over the allies or whatever you want to call the, you know, the
8:36people who Donald Trump does these quid pro quo deals, these countries, uh, in the
8:40Middle East, we don't have allies.
8:43Donald Trump's been attacking NATO saying he's going to invade Greenland.
8:47So he's turned NATO away from him.
8:49This is all, and all of this is happening at once.
8:53So while you're getting all of this data yesterday, what on Friday, we learned that
8:58there was a massive, massive, uh, uh, 92 ,000 job loss numbers came out for
9:06February. Unemployment surge to 4 .4%.
9:10And that data is data that precedes that is before Trump's invasion of Iran.
9:17That's right. U S payrolls fell 92 ,000 in February.
9:21There was an expectation of 58 ,000 job gains, but it fell 92 ,000.
9:27That is very, very, very bad stuff right there.
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11:23So with all of this taking place, you know, you're wondering too, like, what's going
11:29on with BlackRock? What's going on?
11:31Not that I can care, but it's an indicator also of what are these oligarchs
11:36doing? What's going on there?
11:38So BlackRock just froze $1 .2 billion in withdrawal requests at its private credit fund.
11:48Investors in BlackRock's $26 billion fund asked to pull out about 9 .3 % of
11:54their money. BlackRock said no.
11:57Cap withdrawals at 5%. Blackstone's $82 billion fund saw record withdrawal requests the same week.
12:05Blackstone had to put in $400 million of its own cash to cover the exits.
12:10Two of the biggest funds on the planet are limiting how much you can take
12:14out. That's kind of problematic right there.
12:17BlackRock confirmed capping what are called redemptions at 5 % with $620 million paid out
12:24on its $26 billion HPS corporate lending fund after $1 .2 billion in Q1 requests.
12:31A 9 .3 % net asset value was reported by Bloomberg and Barron's on March
12:366, 2026. Similar pressures hit Blackstone's $82 billion fund.
12:42All right. So Donald Trump then sends his sycophants, his regime talking heads out there
12:49like this guy right here, Trump's Federal Reserve Governor, Stephen Moran, I kind of call
12:57him Stephen Moran. As oil prices are surging, as inflation is surging, here's what this
13:03guy said. Here, play this clip.
13:05You know what? Look, I mean, I think that we don't have an inflation problem.
13:08That's the inflation excess is not entirely, but largely a function of measurement issues.
13:15I think that the labor market can use more accommodation from monetary policy.
13:19And I don't see having a modestly restrictive stance of monetary policy as opposed to
13:23a neutral stance as being appropriate.
13:25I think being close to neutral is appropriate.
13:27And is the notion of an extended pause in itself dangerous, do you think?
13:31Is time of the essence that much?
13:33Uh, you know, I think that the longer, the longer we run policy to be
13:38too restrictive, the greater a risk we run that we see jobs prints like, like
13:42we did today. Okay. Now here is what, uh, Kevin Hassett, Donald Trump's National Economic
13:49Advisor had to say. Here, play this clip.
13:51Are there enough asterisks, uh, in Jim's words to make this number make more sense?
13:57Well, I think, you know, Jim's right that there've been so many strong indicators this
14:02month that it's something of a surprise, but there are some weather, there are strikes
14:07on the West coast. And I think that we also have this birth death model,
14:11the change in the procedure at the BLS.
14:14And so I think what we need to start doing with these jobs numbers, at
14:16least on the payroll side is take the average over a few months.
14:19And if you take the average over a few months, we had a surprisingly positive
14:23one last month and a surprisingly negative one, this one, but on average, it's about
14:27what we expect to be seeing because immigration has gone down by so much that
14:32break even employment is probably in the sort of 30 or 40 ,000 jobs a
14:36month range. And so, yeah, I think, I think it's consistent with everything else we're
14:40seeing, which is that the economy is really strong.
14:42And more from Kevin Hassett right here.
14:44Let's play it. This economy is moving the fastest we've ever seen.
14:47And with say 4 % growth this year, which is about what I expect that
14:51we're going to see, then there'll be so much activity that everybody's going to be
14:55able to find the job that wants one.
14:57Donald Trump's Labor Secretary, Lori Chavez de Reimer, said the following.
15:01Madam Secretary, 92 ,000 jobs out in February, fewer jobs in health care, fewer jobs
15:09for information services because of AI, the weather hurt things, government employment down.
15:15If you add it all up, it doesn't look good for the Trump economy.
15:20Yeah, I couldn't agree with you.
15:22I think we have to address the fact that this is not a good report
15:25in its raw numbers, but we have to also talk about why this possibly has
15:30happened. This snapshot in time, it was mentioned the weather.
15:34We saw health care numbers go down.
15:37We saw a record strike in California, over 30 ,000 jobs lost there, but that
15:43has been resolved. So we're hoping to see those numbers tick back up next month.
15:47But overall, we've gained 60 ,000 new jobs over the last two months.
15:51So this is important for us to recognize what the message is here, what the
15:55noise is, and how focused the Labor Department is in making sure that we can
16:00bring back those jobs in construction, manufacturing.
16:04We're seeing the confidence go up.
16:06We've seen the investments that they're making.
16:07President has made, I've said it over and over again, the president and I talk,
16:10we visit on this often.
16:12It's important to him. We're laser focused to make sure that we have that skilled
16:16workforce and it's just going to take some time.
16:19So we're recognizing what happened this month and we're going to stay laser focused to
16:23bring those jobs numbers up.
16:25More from Lori Chavez -Dorema right here.
16:27Let's play it. The midterms are about roughly nine months away.
16:31How soon can we expect the jobs picture to pick up sharply more, more jobs
16:37coming into the economy? When are we going to see that?
16:41Well, I think we have seen that tick up a little bit.
16:44Again, this number in its raw numbers is not something we wanted to see, but
16:48overall we're still better than what we inherited from the Biden administration.
16:53So again, in the last two months, Stuart, 60 ,000 jobs have been created and
16:58we need to remind ourselves that I'm working with our community colleges and our tech
17:02schools and our private industries so that we recognize what the market demands are and
17:07get in that trained workforce as soon as possible.
17:09Here's how they tried to cover it up on state regime media.
17:13It's what Maria Bartiroma said.
17:15Here, play this clip. Charles, you've got to also counter in the fact that we
17:19had a horrible winter. Okay.
17:21The February storms cost a lot of issues.
17:25People did not want to leave.
17:27Maybe look at that for the retail sales, but even in January, you know, it
17:31was, it was messy as, as you heard from Jerry, it's always messy.
17:34It's the month after the holidays, people returning stuff, et cetera, et cetera.
17:38What else do you look at this morning, Cheryl?
17:41That's good. That's informing. Well, the retail sales number that we got crossing along with
17:45the jobs report, I thought was very informative.
17:473 .2 % annual retail sales year over a year, not adjusted inflation, but that
17:52is a strong number. You know, the unemployment rate, it's, you know, a little bit
17:56higher than it was over the last year, but historically the unemployment rate in this
17:59country is at a very low level.
18:02And also to your point about the weather, that was a factor in this report
18:06along with the strike in healthcare.
18:07And that was at the top of the government's list this morning when they released
18:11the report, it was the third line in that report.
18:14You know, they highlight this because they want to make sure that that, uh, matters.
18:18And then the MAGA Republicans in Congress, like Mark Alford is like, you know what,
18:23when you have this type of kinetic conflict, this is what happens.
18:27Buckle up. This is the sacrifice we need you to make.
18:31If you're patriotic, play this clip.
18:33I think we all know that when you have a kinetic conflict like this, whether
18:37you want to call it a war or not, we are putting energy, resources, money
18:42into this. It is going to take a little bit of sacrifice on the part
18:46of Americans. There is a political component to this.
18:50We have the midterms coming up.
18:52The Democrats have tried to make it about affordability.
18:55That will certainly play into that.
18:57But I think the average American in my district understands the need that we decapitate
19:02this terrorist regime and make sure it never grows ahead again.
19:06And then treasury secretary Scott Besson says, you know what we got to do here,
19:10which is going to be great.
19:11We got to help Russia out.
19:13Let's do more unsanctioning of Russian oil.
19:17We've already just unsanctioned Russian oil to India.
19:20Let's do more of that.
19:22Let's help Russia get really rich right now while we beg Zelensky for help on
19:27how to knock down the Shahid drones.
19:29So let's screw over Zelensky help Russia.
19:34Russia's allying with Iran to attack the United States and to give them coordinates.
19:39Let's help Russia. What a brilliant regime.
19:41This is the Trump regime here.
19:43Play this clip. The Indians had been very good actors.
19:46We had asked them to stop buying sanctioned Russian oil this fall.
19:50They did. They were going to substitute it with U .S.
19:52oil. But to ease the temporary gap of oil around the world, we have given
20:04them permission to accept the Russian oil.
20:06We may unsanction other Russian oil.
20:09The other thing treasury can do here, Larry, is there are hundreds of millions of
20:15sanctioned barrels of sanctioned crude on the water.
20:19And in essence, by unsanctioning them, treasury can create supply.
20:24And we are looking at that.
20:26We're going to keep a cadence of announcing measures to bring relief to the market
20:33during during this conflict. And there you have it, folks.
20:37Let me know what you think.
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