Episode 282 - Venezuela Collapse Explained by Patrick Bet-David
Valuetainment
Valuetainment Episodes
4.8 • 1.7K Ratings
🗓️ 15 April 2019
⏱️ 21 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | 30 seconds. |
| 0:01.0 | One time for the underdong. |
| 0:04.0 | Ignition sequence star. |
| 0:07.0 | Let me see you put them up. |
| 0:09.0 | Reach the skies, let the stars up above because it's one time for the underdow one time for the underdow |
| 0:17.2 | I'm Patrick Bedebi host of value Tim and today we're going to talk about the |
| 0:19.8 | collapse that's taking place in Venezuela and go a little bit deeper behind the reasoning |
| 0:23.4 | of that taking place. Before we get into my 10 points I have here I first want to lay |
| 0:27.8 | the groundwork for us to see some of the numbers so we just see facts, data, what's |
| 0:31.6 | really taking place right? So first thing I want to pay attention |
| 0:34.9 | to is oil reserve leaders around the world. What countries? This number that says |
| 0:40.6 | 266, 455. |
| 0:43.0 | This is in millions barrels. |
| 0:45.0 | So if I put millions, I would need to add six more zeros. |
| 0:48.0 | So go figure, this is, they're the leading country in the world with the most barrels, right? |
| 0:53.3 | So when you look at the leading countries in the world with the most barrels in reserves, you |
| 0:58.3 | look at US at the bottom at 39,230, right? |
| 1:02.0 | Times million, which means 39 billion, right? You look at Libya 48, you look at |
| 1:06.9 | Russia 80, you look at United Arab of Emirates 978, Kuwait 101. Iraq 142. Iran 158. Canada, no one talks about 169. Saudi Arabia |
| 1:19.2 | which is what everybody talks about. They're the biggest. When you think about oil you think about Saudi Arabia, |
| 1:24.3 | sheik, you think about Prince, these are the guys that have all the oil, right? Right? It is the Middle East, right? |
| 1:29.8 | Nope. Number one in the world is Venezuela. You ready? |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Valuetainment Episodes, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Valuetainment Episodes and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

