00:00How likely is it do you think that we get knocked into a recession and how soon could
00:05The AI bubble burst and if Europe has retaliatory
00:10Tariffs followed by people deleveraging their exposure to the US?
00:15They lower their direct foreign investment and they start investing in China and China starts
00:18investing in them like
00:20For example, the UK now has the largest Chinese embassy in the world. I think they're they're building and
00:25Canada just announced trade deals with China. So you're seeing a lot of historically super
00:30Close partners like we've been partners with them for over 200 years basically just
00:35Coupling from the United States and starting to trade with other countries and
00:40People say oh, well good riddance is okay. Well, if you lose like half of your trading partners over a three to five year period
00:45Your consumption goes down. We're mostly a consumption economy. This is going to be pretty catastrophic
00:50To us as a as a country. So if these things continue, I don't see how
00:55We don't get knocked into it, but there's a lot of things the US government could potentially do to stay
01:00Leave it off
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