4 chapters across the catalog
MSNBC host Joy Reid criticizes Donald Trump for his lack of military service and his five draft deferments during the Vietnam War. She claims Trump compared avoiding venereal disease to his own "personal Vietnam." The hosts also mention receiving a book by William Engdahl titled "The Lost Hegemon" regarding pipeline theory.
Ukraine implemented a 300% gas price hike and new taxes on domestic energy production as part of IMF-mandated reforms. Analyst William Engdahl described these moves as "energy Harakiri" for Kiev, suggesting the policies will severely impact the Ukrainian populace. The economic shifts are seen as opening the door for Western oil companies and banks to gain a stronger foothold in the country's infrastructure.
Oil Price Drop Theories, Saltwater Fracking, Saudi Arabia
Various theories explain the recent collapse in global oil prices, including a potential 2014 agreement between John Kerry and Saudi Arabia to bankrupt Russia. Another theory suggests that Saudis were duped into "saltwater fracking," a process that cannot be easily stopped once initiated, leading to a permanent oversupply. The hosts remain skeptical of theories that portray Saudi engineers as easily manipulated.
Gasoline Price Projections, Saudi Pipeline Explosion, and Energy Policy
Gasoline prices are projected to reach six dollars per gallon following reports of a pipeline explosion in Saudi Arabia and supply disruptions from Iran. Secretary of Energy Stephen Chu faces criticism for allegedly favoring high fuel prices to promote alternative energy sources. The discussion references F. William Engdahl's book, A Century of War, to compare current economic conditions to the 1972 oil crisis and the Weimar Republic.
