All right, Alexander, let's talk about the economic situation in much of the collective

West.

Let's talk about the fear that there's going to be a recession or the fact that we already

are in a recession or we have been in a recession for quite a long time.

Let's perhaps talk about the economic situation in the U.S., in the U.A., in the U.A., in the U.K., and we also

have the tariff wars as well, which are really heating up, specifically the tariff war between

the United States and the European Union.

You've got a lot of tariffs flying around as well as with China.

Even China and the European Union, they're getting in on the tariff action.

So quite a chaotic situation going on from the economic side of things.

Where do you want to begin?

Absolutely.

Absolutely.

Now, I think you gave the clue when you said that we have,

in fact, been in a recession situation for a long time. Now, I think that there was a genuine

recovery directly after the pandemic. You know, remember, there was this enormous closure right

across the world of economists during the pandemic, and then they reopened, and in the last

months of Donald Trump's first term, and in the first months of Biden's term, we did see genuine economic recovery, especially in the United States.

Less so in Europe, by the way, but in the United States, there was a recovery.

And then Biden came along and he initiated this enormous infusion of money into a US economy, which was already recovering.

And we said at the time that that was going to be inflationary.

And then he made things worse by beginning an economic war with the Russians,

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