The markets are dropping you're going to do this now, because you waited for so long. You let this pus fester, and now you have to deal with this because you were too chicken to actually do it when the time was right. This is a matryoshka and matrioshka is an old russian toy. It's been around since the ages and every time you peel one layer off another layer comes out and every time you peel that off a new layer comes out and every time you peel that off another layer comes out and just when you think you're freaking done The final layer, it also comes off and the truth is inside.

So this is what we're looking for this little piece of truth. But if you watch mainstream media, you get just the outer layer now, i'm here to give you the real truth, the little nugget inside so just earlier, we heard mohamed elairian go completely berserk over what john paul just did. I mean it's about time, sarah, that he recognized that the transitory word was a awful characterization of inflation, that inflation is not transitory, that it has to be taken more seriously by the fed, and that has implications for the taker, but the things he said in that Interview freaked, the hell out of me and i'll, tell you in a second why the fact that he waited to do it at the same time as the market was trying is trying to understand what this new variant means for the economy is rather curious. I would have chosen a better time to do it.

I wouldn't have mixed the two, but you know powell should have corrected his mischaracterization of inflation months ago. It was clear from everything the companies were telling us that this is a consistent problem. The first part he basically said he doesn't appreciate what john paul just did, because he literally flipped like a winner schnitzel the moment he got the nomination in his defense. Do you think he had to wait until he got reappointed? You could very well think so.

I couldn't possibly comment as a famous line from a british sitcom would say days before the nomination. He was still doing that whole transitory. He got nominated and immediately it flips over, like a winner, schnitzel and all of a sudden we're retiring. The word transitory days later, it's a suspect move and he definitely acknowledged that, and i don't lie also this channel i've been saying this ever since june.

I made a whole video in june telling you that this whole thing is a bunch of googly go nonsense. You can't print so much money and then claim that it's freaking transitory now. The other part in that video, which you need to understand, is exactly what i'm about to talk in this video, and that exactly was is the problem of waiting too long. Is you end up in a lose-lose situation? I've been warning against this for months he had a massive window to do this earlier in the year the economy was strong, the markets were the record level.

Um things were improving on the health side and he didn't take advantage of that window so now that risk is clearly there. So, let's break apart what ellerian just said in this video number one. He basically accused jean-paul of waiting too long just to get renominated, essentially sacrificing or risking the entire u.s economy on the altar of him getting his job back, which is a horrible thing to do in a very serious accusation. The second thing he said here is very interesting is about the timing.

Why would he do this right now? He just got renominated, he just got nominated and it flips like a wither schnitzel 180 degrees. What the hell couldn't they have wait a little bit. Christmas is coming up. You know, biden just gave him this gift.

Why, with christmas right now and el erin, gives you the answer and he's very subtle about it, but i'm going to give you the raw hardcore truth, because i'm not national tv. I ain't got no sponsors, i can just tell you whatever, i think, and what i think is. If he's doing this right now, it means that things are so bad things are so horrific. Inflation is so horrible.

He has to do it right now. He can't even wait until february he has to with christmas because of how bad things are getting, because if he doesn't his entire legacy, his entire name is going to be attached to this horrible disaster. That's going to come, he doesn't even have three months. Imagine how bad things are, if that's the case here him doing this right now immediately once he got nominated, just tells you how bad things are.

This is exactly where el aryan is actually criticizing. Powell he's basically saying well my guy, you could have done this like six months ago. Why now i mean why wait for so long. You had this ability to go on and paper when things were great now you're dealing with a junkie with a really bad shape.

The economy is basically not doing so good. The omicron is coming out. The markets are dropping you're going to do this now, because you waited for so long you let this pus faster and now you have to deal with this because you were too chicken to actually do it when the time was right. However, not everything is dark.

In gloom, some things are doing great and video stock, for example, is going ballistic and now jim cramer just ended its career nvidia. That would be like killing my dog, that's the toughest one. You know my dog's name, you know i've got. I know the video.

The second but nvidia i just went there and i saw things i went time traveling with jensen. Wong time travel, i know, but i went to the globe to date. I am being a pig in nvidia. Okay, i decided, i was couldn't be a pig in ford anymore.

It couldn't be a pig and i couldn't be a pig in amd, i admit, to being pig-ish in nvidia, because this may be a 10 trillion dollar stock. Yesterday, jim cramer went on tv saying that nvidia yes, nvidia is a 10 trillion dollar stock, pretty much a thirteen hundred percent undervalued. Well, if history tells us anything shout out to burst, turns or didi more recently uh. If jim cramer said this about nvidia, it's pretty much gg r.i.p nvidia, it's about to crash jim cramer, is recommending his talk.

The more convicted is about that stock. The more excited it is the shittier it's gon na be for that stock. For the duration of its existence, i mean it's tough to be in video right now. I mean they probably didn't want that endorsement from jim, but they got it anyways much like a hug from a panda.

It ain't, something you really want to get now. Speaking about things you don't want to get. Let's talk about twitter and jack dorsey. Both sides didn't want to chat anymore.

Jack stepped down as the ceo of twitter, and i think he literally just realized that his new and only title is the ceo of square, which is something that nobody has said before, because they always addressed him as the ceo of twitter. And i think he just realized that his new name is going to be square head. I honestly am not kidding you. I think he just realized this and it's like guys.

We have to change the name, i can't be square head and the best they came up with is block head. Yes, square is changing the name to block jack. Dorsey is now going to be blockhead. I mean this is literally the definition of insanity this world we're living in is nothing like i've ever seen before.

This is pretty much a pandemonium. Now, on a serious note, let's talk about the omicron variant and, what's going on so physicians, all over the world are coming out right now and they're saying well. This is way worse than we thought the transmendability and the duration of this video is going to be way worse than originally anticipated, meaning that almost everybody is going to get it now. The good news are: is that it's not so bad, especially if you have the booster.

If you have the three doses, you should coast right through it. So all gucci right, not exactly a very well-known physician from singapore, went on tv on cnbc actually and explained what the problem is. My guess is that these footballers were vaccinated. They may have got an infection because of the failure of the bee arm with the evasion, but with a good t cell up a good t-cell life.

They are able to make a severe disease into a mouth disease or no disease at all. And that will spell out to be the pathway out of omicron for the whole world. Now. What you just heard in this clip is very interesting.

Essentially, he's saying here is that this virus is insanely transmittable like nothing we have ever seen before, but if you're vaccinated or if you have the booster, you should be fine as far as asymptomatic or very light symptomatic disease. Now, if you have a sudden surge in cases - and this is what omicron is threatening the whole world southern such in cases - even you have only one to two percent of hospitalizations - you will end up with a huge number that will overwhelm the hospital system. So what he's saying in this video is very interesting, he's saying: well, this is the most transmittable version of covet that we've seen so far. However, if you vaccinate it or if you have the booster, you should be fine, you should either be asymptomatic or you know mild symptoms.

So everything is great. No he's actually saying something very interesting. So, while the current vaccines are really good at protecting you against symptoms, they're completely blind they're flying dark, like my grandpa driving after a night of vodka, he has no idea. What's going on these current vaccines can do nothing to help you protect yourself from getting this new version of covet once you got it, you're going to be kind of okay, but they're not going to protect infection, and that's not going to be around for another.

At least three to six months until we get an updated vaccine, so the problem is going to create that even at lower percentages - let's just say 98 of people are gon na, be fine, completely asymptomatic, but two percent will be hospitalized even that two percent. When you talk about everybody's now is going to get this new omicron. The disease is going to spread like crazy, because it's highly highly contagious, so almost everybody will have it if just two percent get hospitalized that number alone, because the sheer size of the population is going to get, it is going to collapse the healthcare system and overwhelm The hospitals, that's a huge risk that nobody's actually addressing because they're just saying it off basically saying well: this is a mild symptom disease, nothing to be worried about he's, saying there are things to be worried about, and things and measures have to be taken in order To prevent the hospital from freaking collapsing, it's a very big deal. I suggest you listen to this guy and, of course, we cannot have a video without talking about reviewing and lucid and how kathy wood finally spoke.

Oh about rivie and lucille, and the things she said are mind-blowing look probably do well if they execute on their plans, but if they don't get into autonomous and autonomous does mean more commoditization. I think that's why elon musk has built the cars the way it ha. He has or the company has, they haven't changed much over time right and that's because he sees this autonomous futures where effectively they're going to be taxi fleets right and uh. So all all a taxi - all we need a taxi to do - is to get us from point a to point b as quickly and safely as possible.

Um. We don't need a fit finish and design for that, as we know from taxis and ubers and so forth. So i think the world's going in a little bit of a different direction doesn't mean they're going to be bad stops. It's just we're focused on where the world's going and who is aiming to capitalize uh the most aggressively on these new uh new trends.

She took a completely different approach. Now i've been on record saying that lucid and rivier are completely different. Lucid is a fart in the wind, you know very smelly, very loud, but quickly forgotten and ignored, and vivian is a real company with the real truck. I think they're going to do really well and but they're a victim of their own valuation in a sense, they're, valued so high that every time something doesn't really go right, which is kind of expected from a startup with some.

You know prototypes everybody's going to be on their neck. Remember that news that came out of amazon, the vehicle's 40 underperformable range because of air conditioning issues, which is something normal when you put out a prototype and you test it out, but because it's a 150 billion dollar company, whatever the it is right now, everybody's going Crazy, it's like a player who got selected first in the draft and he's just a nice nba player nobody's going to give him credit for that he's, always going to be remembered as a flop. That's the big problem with vivian they're, a victim of their own valuation, but kathy wood said nothing about this. She literally went into a whole different direction, which is very interesting.

She said that the whole automotive industry is actually headed into a whole new direction. If you look at it in a 10 to 15 20 year perspective, everything is going away from cds. You remember cds back in the day to sas software as a service, the same thing in the automotive industry. Everything is going from buying vehicles and owning vehicles, or even leasing vehicles to vehicles as a service vast, if you want so in that sense, it's going to be the kind of uber on crack, and in this sense you want to go to standardization.

You want to have standardized vehicles which are all somewhat the same. So it's easy to maintain these fluids and you want to have high autonomous capabilities, because otherwise it means jack. Two things that tesla really excels at creating standardized vehicles like the model 3, is pretty much a box on wheels. It has nothing apart from that and it's so similar even to the model s, any fleet can do really well with both these vehicles with mild adjustments.

Now the main thing is that she said that riven and lucid have no capabilities, no real capabilities in full self-driving and autonomy. That's not what they're investing money in well tesla is putting all their eggs in this basket. So essentially, she's saying well lucid, is going to be a nice company. Riven is going to be a nice company.

There's definitely demand for luxury individual brands like this, but they're not going to dominate the market because the ones that are going to dominate the market next 20 years is whoever takes control of the autonomous taxi market or the autonomous vehicles of the service market, which is The direction that rivie and lucid are not entirely in right now and won't be for the near future. Lucid is trying to compete with luxury vehicles. Riven is a luxury truck. None of them have in-house capabilities to compete with the full self-driving of tesla.

So they are nice players in the market and would be extremely profitable, but nothing even close to being a dominant player like a top three top five player. So right now, there's two options: number one: you can go and watch this video, which is a video about how to survive this insane dip and insane crash and insane uncertain market, basically very simple steps on how to survive and actually make money. There's also a list right here, playlist which i'm going to put with all my inflation video. If you want to watch those.

Thank you so much i'll see you tomorrow.