This is Macro Voices with hedge fund manager Eric Townsend, the free weekly financial

podcast targeting professional finance, high net worth individuals, family offices, and

other sophisticated investors. Macro Voices is all about the brightest minds in the world

of finance and macroeconomics telling it like it is. Bullish your bearish, no holds

barred. Now here are your hosts, Eric Townsend and Patrick Sarresna.

Macro Voices Episode 351 was produced to air on November 23, 2022. I'm Eric Townsend.

This episode of Macro Voices was made possible by respect energy, a leading European trader

of renewable energy and a one-stop shop for all green energy investors. Due to the American

Thanksgiving holiday, Patrick Sarresna and Nick Galernick are off this week. We're going

to deviate from our usual show format to bring you an extended length holiday interview

with best-selling author and independent economist Dr. Pippa Melmgren. Pippa and I will

discuss everything from the global conflict of superpowers and the proxy war in Ukraine

to the scandals in cryptocurrency markets and what that will mean for the acceleration

of central bank digital currency adoption. To the new space race for military and telecommunications

control of the moon, to the return of Donald Trump to the political stage and the run-up

to the 2024 election, to why China has been so slow to fully reopen its economy after

the COVID pandemic. But first, I'm going to take a step back and talk about my big picture

view of the coming global energy crisis and what it will mean for the crude oil market.

Due to holiday travel schedules, we had to pre-record this week's show on Sunday evening

well before EIA crude oil inventory data was released on Wednesday. So in lieu of my

usual focus on the current week's events in energy markets, I'm going to step back

to the big picture for this week's show. That's coming up next. Then we'll move on

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