Mineral Deal and Ukraine

Chris discusses the political dynamics surrounding Ukraine, particularly focusing on the criticisms directed at Donald Trump and Marco Rubio regarding their involvement in mineral rights negotiations. He emphasizes the need for a fair distribution of wealth in former Soviet states, highlighting the role of oligarchs in controlling resources and the implications for both local populations and international interests. Markowski argues for a more proactive American involvement in these regions to ensure equitable resource management and economic stability. www.watchdogonwallstreet.com

Episode Transcript

Speaker 1 (00:00):
The Watchdog on Wall Street podcast, explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact that we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
Yeah, I'm getting a little tired of all the lefties
out there that are criticizing Donald Trump and Marco Rubio
and what they're trying to put forward with the Ukraine
and the mineral deal there.

Speaker 1 (00:28):
That's stealing.

Speaker 2 (00:29):
How can they do that? How can Trump demand these
minerals and all this wealth from Ukraine. That's terrible. Listen,
either we take over all of the mineral wealth there
or it's going to be stolen. Marco Ruby has just

(00:49):
did an interview with Kathy Heniburg and he said we
discussed mineral rights with Zelensky and said we want to
be in a joint venture with you because we think
we need a security guarantee, we need to be paid
back some of the two hundred billion in taxpayer money
we've given you. He said, sure, I needed to run
it through my legislative process. Two days later, he's saying

(01:10):
he rejected the deal. That's not what happened. In the meeting.
We're trying to help these guys. Ukraine doesn't directly impact
the daily lives of Americans. There should be some gratitude here,
and it's there's more to it than that. You take
a look anywhere the former Soviet Russia and all of

(01:35):
their various a different breakoff republics, Kazakhstan, Azerbaijan, Uzbekistan, even Ukraine.
Many of these these former places have unbelievable minimal wealth
and the people don't own it, they don't have it.

(02:01):
This was carved up and it was given to the elites.
And again I've discussed this before on the program Guards
that we love our love having our little lists worlds wealth.
These people, oh, it's Elon musk Oh, it's Jeff Bezos.
So it's uh, what's his name there, Bernard from LVMH,

(02:24):
whatever it may be. Listen, that's a lot of bs. Okay,
quite frankly, I guess it depends on what the meaning
of the word richest man in the world is. Jeff Bezos,
he's got a lot of Amazon Soccer, started the company, okay,
but again he's got to sell his stock or borrow

(02:47):
against his stock. These people have flawsets, flawsets where money
pours out of them. That's what they are. You see,
we here in the United States, we didn't carve up

(03:08):
and give all of the mineral wealth to a few
people that companies. Yeah, sure, you know you get wildcatters
out there.

Speaker 1 (03:18):
That they has.

Speaker 2 (03:18):
That great television show Landman, which is fantastic, talks about
some of this. But you know there's people that went
out and developed it and took risks, and some made
it and some didn't. These are existing facilities and areas
that if we don't step in, we don't step in

(03:38):
and figure out a way that everyone can get wealthy.
And anybody here in Una you want to go buy
you can buy Chevron, Snock, buy Xon, whatever it made,
whatever you want, you can own it. You can be
a part. It doesn't work that way over there until
much later on after the fact. I remember when gas
prom went uh one, gas Prompt go public late it's

(04:01):
probably nineteen ninety seven, I remember correctly. But again, this
is it's just going to get taken over. Oligarchs are
going to take over all of this unless we step
in there and handle it. It's not like the United States.
We're going to take the thing over and it's going

(04:22):
to be owned by the United States government. No, we'll
set it up and we'll have various different companies come
in and bid for it, and you know, put the
things together and it work. You know. The funny thing
is is that we decided to wreck Iraq, which we
did and I don't even know what the final bill
was for that, but we left and China stepped in

(04:47):
and handled all of the oil contracts over there. How
stupid was that? Pretty dumb? Pretty dumb? Again this you know,
Europe's not going to be able to handle this. You know,
they don't want to get involved in energy over there anymore.
I just want windmills, windmills and solar panels. Of how

(05:10):
are they going to handle it? You know there's several
French energy companies. Well, I'm sure that they'll probably get
involved in the bidding in some way, shape, matter of form.
But again, if you want Ukraine to truly succeed, you
got to get the oligarchs out of that entire business.
And again, this is kind of probably a point of

(05:30):
contention with Vladimir Bouten because that's how that nation is run. Okay,
it's run on oligarchs controlling various different natural resources because
they have them. We don't. Okay, can I just did
a podcast on Africa. Think about all of the natural

(05:51):
resources in Africa. Africa should be rolling in the dough.
These these they should be wealthy. It's not not because
again it's stuff's controlled by oligarchs. Then us stepping in
and taking over that type of wealth, who's going to

(06:12):
manage it better? American businesses or you know, Eastern European crooks.
Watchdog on Wall Street dot Com