October 9, 2025 • 16 mins
Jerremy Alexander Newsome and Dave Conley tackle surging global instability, from U.S. government stock buys in lithium amid cronyism threats to capitalism, to escalating U.S. military aid in Ukraine despite failed peace talks. They unpack U.S. interventions in Latin America, puzzling stock market highs ignoring economic pain, and AI's role in inflating bubbles. Urging a big-picture view, they warn of political and economic fallout, questioning if endless wars and market distortions spell deeper systemic cracks.
Timestamps
- (00:00) Market Trends and AI's Disruptive Surge
- (01:05) U.S. Ukraine Aid: Escalation Without End
- (06:32) Trump's Military Moves: Legal and Ethical Quagmires
- (08:02) U.S. Foreign Policy: Interventions and Power Plays
- (12:30) Economic Strains: Stock Trends Defying Reality
- (14:38) Government Investments: Market Manipulation Risks
📢 Solving America’s Problems Podcast – Real Solutions For Real Issues
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Alex (00:00):
Jerremy spotlights government stock buys in lithium as rare and
intriguing, while Dave questionsif cronyism distorts capitalism.
The stakes rise—if sovereignfunds prop buddies over needs,
how fair is the economic game?
Dave (00:14):
Like we saw all that stuff in LA with the no Kings protests.
Jerremy (00:19):
Uhhuh.
Dave (00:20):
And my buddy in LA was like, man, that's one small area down in la.
It's like the rest of LA doesn'teven know this is going on.
And just because it's all oversocial media and all over the news.
It's like the number onestory and it's everywhere.
And the rest of LA was like, what?
What's going on?
What's happening?
Jerremy (00:38):
Yeah.
Dave (00:38):
So is it real, or is it manufactured?
I don't know.
It's is it sensationalismor is it reality?
Jerremy (00:44):
It's definitely interesting that you heard about Chicago.
Like I just, I didn't even, itdidn't even come across my feed,
Dave (00:50):
Wow.
Jerremy (00:50):
Yeah.
Which is unique.
'cause again, I follow a lot ofnews outlets a lot of people.
So that is pretty wild,
Dave (00:59):
do a search online for that one.
'cause it the images are startling.
Like uhoh.
This is not good.
Jerremy (01:05):
Yep.
And then from an international standpointthis is one that you and I both are
just like WTF, what is going on?
The US is upping supportwith Ukraine, increasing it.
So you have Russian drone attackcaused a power outage and.
(01:25):
Ukraine is still just,ongoing of the fighting.
So whatever the peace talks or thediscussions that occurred in Alaska
Dave (01:35):
None of that.
Jerremy (01:36):
did nothing.
Nothing played out.
It's still happening.
Dave (01:40):
Putin actually came off of that Alaska thing and then publicly.
He did it in Russian, but I don'tknow if he didn't think anybody was
watching, but he did it in Russianand he just slammed Donald Trump.
And like the one thing we all knowcollectively is don't trash the man.
He's going to act irrationallyif you trash the man.
(02:01):
And he did.
But, so then we're justpouring more on it still.
Just more money.
Now we're upping support by.
A giving increasingly long rangemissiles and enabling, targeting.
Giving, giving, targetingto the Ukrainians.
There's so many things wrong with this.
(02:22):
I can't even begin in that.
We just keep on poking anuclear power in Europe and I.
This isn't going well, and I thinkthe Ukrainians have a point in that
they're under attack, and what they'reactually trying to do is take all
of the Russian oil offline, becausethat's how Russia makes money, right?
(02:47):
They make money from Europe,they make money from China.
Europe buys a lot of Russian gas still.
They never cut that off.
So the Ukrainians are like, okay, we'recutting it out and we're using, us
satellites in order to target the stuff.
And they're actually, they actuallyknocked off like a quarter of Russia's oil
and they're going for like another 75%.
(03:08):
That's gonna cause some pain.
But they have the most nuke nukes.
Nukes I'm back to this nukes, Ijust keep coming back to nukes.
We have to negotiate, like thisis, we have to be friends with
the Russians and the Chinese.
We may not like them, we maynot like their policies, but we
have to be friends with them.
(03:28):
We're forced to.
They're our neighbors.
We've gotta I don't know, do you have any.
What do you got?
What do you got on this?
What would you what's your giventhat, that Trump said I could solve
this in 24 hours and he hasn't.
Jerremy (03:39):
Yep.
Yep.
Dave (03:41):
you're in on this, you're in the seat now.
Jerremy (03:44):
Yep.
Dave (03:44):
what's, what would your take be on this?
Jerremy (03:48):
That's a, the ironic part is has it not been solved, but us
saying, all right we're gonna keepputting more for you and towards you.
Dave (03:59):
Yeah.
Jerremy (04:00):
And because he's had, again, obviously, right?
He met with Putin in Alaska and he hadzelensky in the Oval Office, like he's
attempting to, just hasn't done it yet.
And that's a really big, red flag'snot the right word, but it's something
that a lot of people are glossing over.
(04:24):
Cause it hasn't actually happened yet.
He hasn't pulled it off.
And but I don't think he can either.
He thinks he's just so cooland buddy-buddy with Putin, and
him and Putin are best friends.
It's dude, Putin hates you.
He thinks you're, he
Dave (04:36):
he does.
Yeah.
He thinks he's a clown.
Yeah.
Jerremy (04:39):
yeah.
Yes, exactly.
Dave (04:40):
said it.
He actually said it on Russian tv.
He is he's a clown.
Like that's not
Jerremy (04:44):
right.
Yeah,
Dave (04:45):
Like Uhoh.
Jerremy (04:46):
so he has zero respect, so he is talking less to him.
How to solve the situation.
That's something that I'm unaware of.
I don't, I unfortunatelydon't have that answer.
But I do not, I don't understandthe continuation of support.
I don't know even the tally at thispoint, but it's probably getting
pretty close to a trillion dollars.
Dave (05:05):
Enormous amounts of money.
Jerremy (05:07):
Yeah, it's
Dave (05:07):
And people, we're back at the hundreds of thousands, if not
seven figures of young Russians andyoung Ukrainians that are just dead.
This will end in negotiation.
It depends on how much people wanna lose.
And so what do you wanna do?
I.
The only thing I know for certain,for absolute certain is that every
(05:29):
time there's instability in themiddle of Europe, bad shit happens.
We've had two world wars over this andwe are not taking this seriously as in
okay, to be done or this gets uglier.
I.
It's one of the hopes that I had,I knew that the Biden Harris,
(05:50):
or Harris Walls administrationwasn't going to be good on this.
And turns out that while I think therewas some positive things, at least there
was some talking going on with Trump.
It hasn't gotten better,it's gotten worse.
So maybe none of neither ofthem could have done anything.
But I just know that continuinginstability in this region
is probably in, in my view.
(06:11):
Is the biggest problem in the world.
Bar none.
Jerremy (06:16):
Yeah.
Nukes
Dave (06:17):
Good times.
Nukes are bad.
Nu.
Nuclear weapons turn out to still be bad.
Jerremy (06:23):
Yep, yep.
And, you still have
Dave (06:26):
a.
Jerremy (06:27):
Israel and and Gaza.
That's a daily daily situation right now.
And then Trump declares armedconflict with Caribbean drug cartels.
Li labeling them as a terroristgroup to justify US military
strikes on smuggling vessels.
Dave (06:46):
Got it.
Jerremy (06:47):
That raised a lot of questions about legal.
Legal is that, it's a boat.
Are we Sure,
Dave (06:56):
he is using the terrorism gen designation, and this is the
terrorism designation from 2001.
It's, I think it's thewhat do they call it?
Contract congressionalfinding of blah, blah, blah.
It's the authorization for war.
So they're just, they're labeling anybodyand everyone, a terrorist and anybody,
they don't like domestic terrorists.
(07:16):
Now, anti's, a domestic terrorist.
Anybody who doesn't agree with us as aterrorist, nobody's defined terrorist.
So now drug runners are terrorists,Hamas is terrorists, and.
Bottom line is you do not wantto give the government and the
executive this kind of power.
These congressional thingsneeded to be shut down years ago.
(07:38):
Otherwise he would've had to go toCongress and say, Hey, I want to
drone boats outta the Caribbean.
Sea Congress would've been like no.
Yeah, I, part of this is that, wehave Marco Rubio, who is the head
of the NSA, he's, he is he's head n,or a National Security Council, NSC.
He's the head of that, andhe's the Secretary of State.
(08:00):
He's from my neck of the woods and.
The people in SouthFlorida are very clear.
They want to overthrow Cuba and theywant to overthrow Venezuela, and they
are using the power of the federalgovernment in order to do that.
And it is intensely frustrating forme that we are again, just kowtowing
(08:20):
to people who do not have us bestinterests in mind to overthrow.
Overthrow more.
'cause that's always worked out well.
Jerremy (08:29):
Historically
Dave (08:30):
Keeps on working out.
Jerremy (08:32):
Bomb 'em fi fight 'em, take 'em out.
Dave (08:37):
You know
Jerremy (08:37):
be fine.
Dave (08:38):
how we win.
Hearts and minds.
Shoot 'em.
Jerremy (08:40):
Yeah.
Yeah.
That, but that's, that hasbeen unfortunately the move
Dave (08:47):
how do we get like.
Jerremy (08:49):
long
Dave (08:49):
How do we get, we are the people who are like, okay,
Trump, he starts no new wars.
He's, the peace president yada, yada.
And the bullshit of all of this.
I think last time we had this conversationI mentioned, I think it's Yemen.
We bomb Yemen every single week.
We are bombing Yemen more thanwe ever have, in Somalia, we are
(09:13):
bombing these places every singleweek, and it's not even on the news.
You have to go hunting for it.
They have unleashed the hounds.
They have changed the.
They're changing our weapons of warand how we can execute things and how
they do things with special forces.
They have completely taken the leashoff and I don't know man, like now
(09:36):
it's the Department of War, right?
We're putting 'em in the citiesand we're bombing things and
this doesn't feel good to me.
This was the Make AmericaGreat again president.
And what we have is.
Why don't we keep bombing children inGaza and blowing up stuff in Ukraine
and obliterating things and everywhere,
Jerremy (09:57):
Yeah.
Dave (09:58):
pushing sand around or blowing up drug runners.
Jerremy (10:02):
And you mentioned Inve, Venezuela.
I mean that the next CU Cuba hasn't beenmentioned very often, but that could
Dave (10:09):
It's coming.
Yeah.
Jerremy (10:10):
that.
Yeah, that, that'sprobably right around the
Dave (10:14):
A hundred percent.
It's Venezuela and Cuba.
Yeah.
I You wanna put money on that?
I will take any bet on that one.
Any bet a hundred percent.
Cuba and Venezuela,they wanna do overthrow.
that's Marco
Jerremy (10:27):
then put, yeah.
Yeah.
That's just his big,that's his big goal, huh?
Dave (10:32):
He's been talking about it for years, and this is the neo,
neo-conservative world, right?
We need to overthrow theseLatin American countries.
And I'm like, okay, it's never ever workedout for us, but somehow this time it will.
Great.
Like no one can ever explain tome and then what, nobody's ever
explained that because every time wedo it, it makes it much, much worse,
Jerremy (10:54):
yeah.
Dave (10:55):
job.
Good job.
Jerremy (10:56):
Yep.
Dave (10:57):
I know you gotta have a and a different take of any of this.
Can you take the steel man theother side of this, of why we
should be blowing shit up and
Jerremy (11:05):
oh man.
It gets a lot of redneckshappy, that's for sure.
Dave (11:10):
Why?
Jerremy (11:11):
there's a lot of, yeah I, some people like violence man.
Dave (11:15):
Yeah, but these guys also served, right?
So they know how screwed upthese institutions are and
how wacky politicians are.
Like they, they, the, this is wheremost of our armed forces come from.
Our, poor parts of the United States,and I'm, this is half my family, right?
Half my family is Tennessee andKentucky and they served and.
(11:36):
Yeah I hear ya.
But the only people that thismakes happy is neocons and the
shareholders of general dynamics.
Jerremy (11:45):
Yeah.
Which all of thosecompanies are going higher?
Yeah.
Raytheon new all time highs today.
General Dynamics.
New all time, high drone makers,
Dave (12:02):
yeah.
Jerremy (12:03):
drone companies just soaring up.
800, 900%.
Yeah, it's, those are partiesthat are directly excited and
interested and this continuing.
And that has been a big staple tothe American economy, unfortunately.
Dave (12:23):
And no.
No breaks.
Yeah, no breaks.
Jerremy (12:26):
yeah, exactly.
None.
Dave (12:27):
gas, no breaks.
Jerremy (12:28):
Yep.
What else is on your mind?
What else is, what else looksinteresting and unique to you?
Dave (12:35):
All right.
Why don't you, why don't you tellus about the money, the monies?
How so We got record everything, right?
It just keeps on every week.
It's like more records.
More records.
And Elon Musk tell me that one,he's now half a trillionaire.
Is that right?
Jerremy (12:48):
Y Yeah.
Yeah.
He'll I've been saying for a while,he'll be the world's first trillionaire.
And I'll preface that's peoplethat are counted, there's a lot
of people that are like, oh, the,there's some United Emirates, Saudi
princes, and people like that.
Dave (13:05):
Yeah.
Jerremy (13:06):
The Rothchilds, no one knows who they are.
They're worth trillions, i'm surethat, I'm not saying that's not
the case, but I'm saying on record.
Yeah.
Elon will be the first trillionaire.
That's mostly made up on theback right now of SpaceX.
Tesla has a lot of big releases this week.
Stocks are hitting all time highs.
The s and p is just very close to 7,000.
(13:31):
So the stock market since April,since the whole tariff thing began,
has just been on absolute tear.
It's just going straight up.
Dave (13:37):
Where's the money come from?
Like literally you have to buy a stock.
I don't understand wherethe capital has been.
It can't be on the sidelines, right?
So where is this moneygetting printed from?
Like, where is it coming from?
Is it coming?
Is it cycling out of other investments?
Like where's the money flows from?
(13:58):
This is insane levels and nothing.
Touches the stock market.
We can shut down thegovernment, no problem.
We can have record deficits, no problem.
We can have, layoffs.
No problem.
Like there, there's no matter whatthe not good news is, 'cause a lot of
people are hurting in the United States.
It just keeps going up and up, which is.
(14:18):
Not a good sign.
Like I we all know we're waitingfor the music to stop and
somebody did not have a seat.
We, we know this, so where'sthe money coming from?
Jerremy.
Where?
Who, who's writing these checks?
Like it's, that's a lot of money.
And it's gotta be from theinstitutional investors, right?
Like where they get the
Jerremy (14:35):
Yeah.
Yeah.
Here's the crazy part too.
They're printing it.
That's the thing.
It's just being made and we physicallymake it and then we go and buy.
The fact, yes, the fact rightnow that the US government is
buying individual companies.
(14:57):
You heard about that, I'm sure.
Dave (14:59):
I, you clued me in the last time we talked on that one, it was what Intel.
Jerremy (15:04):
Intel Uhhuh
Dave (15:05):
Does that mean we get a dividend on that?
Or do we have a say in how they're run?
Or did we just cut 'em a check?
Like I don't know what
Jerremy (15:12):
All three of those things.
Yeah.
Yeah.
We're cutting them a check.
We're getting dividends.
We, as a country a government,we were getting a return.
It's funny that we, theybought Intel again of all
Dave (15:24):
You and I have been talking Intel for two years, and you're like, Ugh.
Every time I mention it, you're like, Ugh.
Jerremy (15:29):
Intel
Dave (15:31):
them again.
Stop talking about them, Dave.
I'm like, okay.
But that's the one that they check into.
Oh my God,
Jerremy (15:36):
I was told they cut a check into and the stock is up
astronomically I mean to 56%, so it's up.
Exactly, of course, it's up a bunch.
And then they just recently purchasedLithium America Corporation.
Dave (15:51):
What is that?
Jerremy (15:52):
LAC.
So they're building, for all the lithiumbatteries and battery storage and energy
storage that needs to happen with all theAI power centers and data grids coming on,
Alex (16:05):
Dave highlights AI's job-killing drag on new hires, while Jerremy
sees bubble euphoria far from peak.
If valuations detach from reality,the wealth effect could shatter—but
next, tariffs slam farmers,threatening food price chaos.
Jerremy spotlights government stock buys in lithium as rare and
intriguing, while Dave questionsif cronyism distorts capitalism.
The stakes rise—if sovereignfunds prop buddies over needs,
how fair is the economic game?
Dave (00:14):
Like we saw all that stuff in LA with the no Kings protests.
Jerremy (00:19):
Uhhuh.
Dave (00:20):
And my buddy in LA was like, man, that's one small area down in la.
It's like the rest of LA doesn'teven know this is going on.
And just because it's all oversocial media and all over the news.
It's like the number onestory and it's everywhere.
And the rest of LA was like, what?
What's going on?
What's happening?
Jerremy (00:38):
Yeah.
Dave (00:38):
So is it real, or is it manufactured?
I don't know.
It's is it sensationalismor is it reality?
Jerremy (00:44):
It's definitely interesting that you heard about Chicago.
Like I just, I didn't even, itdidn't even come across my feed,
Dave (00:50):
Wow.
Jerremy (00:50):
Yeah.
Which is unique.
'cause again, I follow a lot ofnews outlets a lot of people.
So that is pretty wild,
Dave (00:59):
do a search online for that one.
'cause it the images are startling.
Like uhoh.
This is not good.
Jerremy (01:05):
Yep.
And then from an international standpointthis is one that you and I both are
just like WTF, what is going on?
The US is upping supportwith Ukraine, increasing it.
So you have Russian drone attackcaused a power outage and.
(01:25):
Ukraine is still just,ongoing of the fighting.
So whatever the peace talks or thediscussions that occurred in Alaska
Dave (01:35):
None of that.
Jerremy (01:36):
did nothing.
Nothing played out.
It's still happening.
Dave (01:40):
Putin actually came off of that Alaska thing and then publicly.
He did it in Russian, but I don'tknow if he didn't think anybody was
watching, but he did it in Russianand he just slammed Donald Trump.
And like the one thing we all knowcollectively is don't trash the man.
He's going to act irrationallyif you trash the man.
(02:01):
And he did.
But, so then we're justpouring more on it still.
Just more money.
Now we're upping support by.
A giving increasingly long rangemissiles and enabling, targeting.
Giving, giving, targetingto the Ukrainians.
There's so many things wrong with this.
(02:22):
I can't even begin in that.
We just keep on poking anuclear power in Europe and I.
This isn't going well, and I thinkthe Ukrainians have a point in that
they're under attack, and what they'reactually trying to do is take all
of the Russian oil offline, becausethat's how Russia makes money, right?
(02:47):
They make money from Europe,they make money from China.
Europe buys a lot of Russian gas still.
They never cut that off.
So the Ukrainians are like, okay, we'recutting it out and we're using, us
satellites in order to target the stuff.
And they're actually, they actuallyknocked off like a quarter of Russia's oil
and they're going for like another 75%.
(03:08):
That's gonna cause some pain.
But they have the most nuke nukes.
Nukes I'm back to this nukes, Ijust keep coming back to nukes.
We have to negotiate, like thisis, we have to be friends with
the Russians and the Chinese.
We may not like them, we maynot like their policies, but we
have to be friends with them.
(03:28):
We're forced to.
They're our neighbors.
We've gotta I don't know, do you have any.
What do you got?
What do you got on this?
What would you what's your giventhat, that Trump said I could solve
this in 24 hours and he hasn't.
Jerremy (03:39):
Yep.
Yep.
Dave (03:41):
you're in on this, you're in the seat now.
Jerremy (03:44):
Yep.
Dave (03:44):
what's, what would your take be on this?
Jerremy (03:48):
That's a, the ironic part is has it not been solved, but us
saying, all right we're gonna keepputting more for you and towards you.
Dave (03:59):
Yeah.
Jerremy (04:00):
And because he's had, again, obviously, right?
He met with Putin in Alaska and he hadzelensky in the Oval Office, like he's
attempting to, just hasn't done it yet.
And that's a really big, red flag'snot the right word, but it's something
that a lot of people are glossing over.
(04:24):
Cause it hasn't actually happened yet.
He hasn't pulled it off.
And but I don't think he can either.
He thinks he's just so cooland buddy-buddy with Putin, and
him and Putin are best friends.
It's dude, Putin hates you.
He thinks you're, he
Dave (04:36):
he does.
Yeah.
He thinks he's a clown.
Yeah.
Jerremy (04:39):
yeah.
Yes, exactly.
Dave (04:40):
said it.
He actually said it on Russian tv.
He is he's a clown.
Like that's not
Jerremy (04:44):
right.
Yeah,
Dave (04:45):
Like Uhoh.
Jerremy (04:46):
so he has zero respect, so he is talking less to him.
How to solve the situation.
That's something that I'm unaware of.
I don't, I unfortunatelydon't have that answer.
But I do not, I don't understandthe continuation of support.
I don't know even the tally at thispoint, but it's probably getting
pretty close to a trillion dollars.
Dave (05:05):
Enormous amounts of money.
Jerremy (05:07):
Yeah, it's
Dave (05:07):
And people, we're back at the hundreds of thousands, if not
seven figures of young Russians andyoung Ukrainians that are just dead.
This will end in negotiation.
It depends on how much people wanna lose.
And so what do you wanna do?
I.
The only thing I know for certain,for absolute certain is that every
(05:29):
time there's instability in themiddle of Europe, bad shit happens.
We've had two world wars over this andwe are not taking this seriously as in
okay, to be done or this gets uglier.
I.
It's one of the hopes that I had,I knew that the Biden Harris,
(05:50):
or Harris Walls administrationwasn't going to be good on this.
And turns out that while I think therewas some positive things, at least there
was some talking going on with Trump.
It hasn't gotten better,it's gotten worse.
So maybe none of neither ofthem could have done anything.
But I just know that continuinginstability in this region
is probably in, in my view.
(06:11):
Is the biggest problem in the world.
Bar none.
Jerremy (06:16):
Yeah.
Nukes
Dave (06:17):
Good times.
Nukes are bad.
Nu.
Nuclear weapons turn out to still be bad.
Jerremy (06:23):
Yep, yep.
And, you still have
Dave (06:26):
a.
Jerremy (06:27):
Israel and and Gaza.
That's a daily daily situation right now.
And then Trump declares armedconflict with Caribbean drug cartels.
Li labeling them as a terroristgroup to justify US military
strikes on smuggling vessels.
Dave (06:46):
Got it.
Jerremy (06:47):
That raised a lot of questions about legal.
Legal is that, it's a boat.
Are we Sure,
Dave (06:56):
he is using the terrorism gen designation, and this is the
terrorism designation from 2001.
It's, I think it's thewhat do they call it?
Contract congressionalfinding of blah, blah, blah.
It's the authorization for war.
So they're just, they're labeling anybodyand everyone, a terrorist and anybody,
they don't like domestic terrorists.
(07:16):
Now, anti's, a domestic terrorist.
Anybody who doesn't agree with us as aterrorist, nobody's defined terrorist.
So now drug runners are terrorists,Hamas is terrorists, and.
Bottom line is you do not wantto give the government and the
executive this kind of power.
These congressional thingsneeded to be shut down years ago.
(07:38):
Otherwise he would've had to go toCongress and say, Hey, I want to
drone boats outta the Caribbean.
Sea Congress would've been like no.
Yeah, I, part of this is that, wehave Marco Rubio, who is the head
of the NSA, he's, he is he's head n,or a National Security Council, NSC.
He's the head of that, andhe's the Secretary of State.
(08:00):
He's from my neck of the woods and.
The people in SouthFlorida are very clear.
They want to overthrow Cuba and theywant to overthrow Venezuela, and they
are using the power of the federalgovernment in order to do that.
And it is intensely frustrating forme that we are again, just kowtowing
(08:20):
to people who do not have us bestinterests in mind to overthrow.
Overthrow more.
'cause that's always worked out well.
Jerremy (08:29):
Historically
Dave (08:30):
Keeps on working out.
Jerremy (08:32):
Bomb 'em fi fight 'em, take 'em out.
Dave (08:37):
You know
Jerremy (08:37):
be fine.
Dave (08:38):
how we win.
Hearts and minds.
Shoot 'em.
Jerremy (08:40):
Yeah.
Yeah.
That, but that's, that hasbeen unfortunately the move
Dave (08:47):
how do we get like.
Jerremy (08:49):
long
Dave (08:49):
How do we get, we are the people who are like, okay,
Trump, he starts no new wars.
He's, the peace president yada, yada.
And the bullshit of all of this.
I think last time we had this conversationI mentioned, I think it's Yemen.
We bomb Yemen every single week.
We are bombing Yemen more thanwe ever have, in Somalia, we are
(09:13):
bombing these places every singleweek, and it's not even on the news.
You have to go hunting for it.
They have unleashed the hounds.
They have changed the.
They're changing our weapons of warand how we can execute things and how
they do things with special forces.
They have completely taken the leashoff and I don't know man, like now
(09:36):
it's the Department of War, right?
We're putting 'em in the citiesand we're bombing things and
this doesn't feel good to me.
This was the Make AmericaGreat again president.
And what we have is.
Why don't we keep bombing children inGaza and blowing up stuff in Ukraine
and obliterating things and everywhere,
Jerremy (09:57):
Yeah.
Dave (09:58):
pushing sand around or blowing up drug runners.
Jerremy (10:02):
And you mentioned Inve, Venezuela.
I mean that the next CU Cuba hasn't beenmentioned very often, but that could
Dave (10:09):
It's coming.
Yeah.
Jerremy (10:10):
that.
Yeah, that, that'sprobably right around the
Dave (10:14):
A hundred percent.
It's Venezuela and Cuba.
Yeah.
I You wanna put money on that?
I will take any bet on that one.
Any bet a hundred percent.
Cuba and Venezuela,they wanna do overthrow.
that's Marco
Jerremy (10:27):
then put, yeah.
Yeah.
That's just his big,that's his big goal, huh?
Dave (10:32):
He's been talking about it for years, and this is the neo,
neo-conservative world, right?
We need to overthrow theseLatin American countries.
And I'm like, okay, it's never ever workedout for us, but somehow this time it will.
Great.
Like no one can ever explain tome and then what, nobody's ever
explained that because every time wedo it, it makes it much, much worse,
Jerremy (10:54):
yeah.
Dave (10:55):
job.
Good job.
Jerremy (10:56):
Yep.
Dave (10:57):
I know you gotta have a and a different take of any of this.
Can you take the steel man theother side of this, of why we
should be blowing shit up and
Jerremy (11:05):
oh man.
It gets a lot of redneckshappy, that's for sure.
Dave (11:10):
Why?
Jerremy (11:11):
there's a lot of, yeah I, some people like violence man.
Dave (11:15):
Yeah, but these guys also served, right?
So they know how screwed upthese institutions are and
how wacky politicians are.
Like they, they, the, this is wheremost of our armed forces come from.
Our, poor parts of the United States,and I'm, this is half my family, right?
Half my family is Tennessee andKentucky and they served and.
(11:36):
Yeah I hear ya.
But the only people that thismakes happy is neocons and the
shareholders of general dynamics.
Jerremy (11:45):
Yeah.
Which all of thosecompanies are going higher?
Yeah.
Raytheon new all time highs today.
General Dynamics.
New all time, high drone makers,
Dave (12:02):
yeah.
Jerremy (12:03):
drone companies just soaring up.
800, 900%.
Yeah, it's, those are partiesthat are directly excited and
interested and this continuing.
And that has been a big staple tothe American economy, unfortunately.
Dave (12:23):
And no.
No breaks.
Yeah, no breaks.
Jerremy (12:26):
yeah, exactly.
None.
Dave (12:27):
gas, no breaks.
Jerremy (12:28):
Yep.
What else is on your mind?
What else is, what else looksinteresting and unique to you?
Dave (12:35):
All right.
Why don't you, why don't you tellus about the money, the monies?
How so We got record everything, right?
It just keeps on every week.
It's like more records.
More records.
And Elon Musk tell me that one,he's now half a trillionaire.
Is that right?
Jerremy (12:48):
Y Yeah.
Yeah.
He'll I've been saying for a while,he'll be the world's first trillionaire.
And I'll preface that's peoplethat are counted, there's a lot
of people that are like, oh, the,there's some United Emirates, Saudi
princes, and people like that.
Dave (13:05):
Yeah.
Jerremy (13:06):
The Rothchilds, no one knows who they are.
They're worth trillions, i'm surethat, I'm not saying that's not
the case, but I'm saying on record.
Yeah.
Elon will be the first trillionaire.
That's mostly made up on theback right now of SpaceX.
Tesla has a lot of big releases this week.
Stocks are hitting all time highs.
The s and p is just very close to 7,000.
(13:31):
So the stock market since April,since the whole tariff thing began,
has just been on absolute tear.
It's just going straight up.
Dave (13:37):
Where's the money come from?
Like literally you have to buy a stock.
I don't understand wherethe capital has been.
It can't be on the sidelines, right?
So where is this moneygetting printed from?
Like, where is it coming from?
Is it coming?
Is it cycling out of other investments?
Like where's the money flows from?
(13:58):
This is insane levels and nothing.
Touches the stock market.
We can shut down thegovernment, no problem.
We can have record deficits, no problem.
We can have, layoffs.
No problem.
Like there, there's no matter whatthe not good news is, 'cause a lot of
people are hurting in the United States.
It just keeps going up and up, which is.
(14:18):
Not a good sign.
Like I we all know we're waitingfor the music to stop and
somebody did not have a seat.
We, we know this, so where'sthe money coming from?
Jerremy.
Where?
Who, who's writing these checks?
Like it's, that's a lot of money.
And it's gotta be from theinstitutional investors, right?
Like where they get the
Jerremy (14:35):
Yeah.
Yeah.
Here's the crazy part too.
They're printing it.
That's the thing.
It's just being made and we physicallymake it and then we go and buy.
The fact, yes, the fact rightnow that the US government is
buying individual companies.
(14:57):
You heard about that, I'm sure.
Dave (14:59):
I, you clued me in the last time we talked on that one, it was what Intel.
Jerremy (15:04):
Intel Uhhuh
Dave (15:05):
Does that mean we get a dividend on that?
Or do we have a say in how they're run?
Or did we just cut 'em a check?
Like I don't know what
Jerremy (15:12):
All three of those things.
Yeah.
Yeah.
We're cutting them a check.
We're getting dividends.
We, as a country a government,we were getting a return.
It's funny that we, theybought Intel again of all
Dave (15:24):
You and I have been talking Intel for two years, and you're like, Ugh.
Every time I mention it, you're like, Ugh.
Jerremy (15:29):
Intel
Dave (15:31):
them again.
Stop talking about them, Dave.
I'm like, okay.
But that's the one that they check into.
Oh my God,
Jerremy (15:36):
I was told they cut a check into and the stock is up
astronomically I mean to 56%, so it's up.
Exactly, of course, it's up a bunch.
And then they just recently purchasedLithium America Corporation.
Dave (15:51):
What is that?
Jerremy (15:52):
LAC.
So they're building, for all the lithiumbatteries and battery storage and energy
storage that needs to happen with all theAI power centers and data grids coming on,
Alex (16:05):
Dave highlights AI's job-killing drag on new hires, while Jerremy
sees bubble euphoria far from peak.
If valuations detach from reality,the wealth effect could shatter—but
next, tariffs slam farmers,threatening food price chaos.
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