2.8 • 690 Ratings
🗓️ 12 July 2023
⏱️ 27 minutes
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0:00.0 | That's a great question. |
0:01.0 | That's a good question. |
0:01.9 | Very question. |
0:02.7 | That's a great question. |
0:03.8 | Well, that's a really good question. |
0:05.1 | It's a great question. |
0:05.9 | Well, you're right. |
0:25.7 | Welcome to the Sean Morgan Report. I'm here with Tobin Smith, formerly of Fox News, and author of the Billion Dollar Green Profit from the Eco Revolution. Tobin, thanks for joining. I just wanted to get your |
0:32.0 | insight on this breaking news article from Zero Hedge about the idea that the Biden administration and the Department |
0:39.9 | of Defense here is invoking the Defense Production Act to boost metals mining because of these |
0:46.4 | Chinese export controls. It's two types of metals nobody's ever heard of, but they use them |
0:51.2 | for the chips for the defense industry. You haven't heard of Millennium? Come on. No, it's not something that I study and think about, |
0:59.4 | and most people don't. But, you know, there's other metals that everyone is familiar with that |
1:04.9 | do you think, like copper and silver and these big metals, do you think that those types of metals might see a big shortage |
1:14.1 | and the government might get involved with subsidizing and helping out with domestic production |
1:18.8 | and so forth? Well, you know, it's a tale of two cities here, right? We, we, Europe has passed |
1:26.0 | the largest green energy funding bill in a history of history, about $7 trillion all in. |
1:32.3 | The United States, with our Inflation Reduction Act, probably the funniest name I've ever heard for a green energy plant, is $4 trillion. |
1:42.3 | And then you add in bonds, green bonds, big pension plans, particularly EST type plans, |
1:49.5 | funds are sitting with hundreds of billions and trillions of dollars to lend into these businesses. |
1:57.3 | So there's capital there. |
1:59.7 | But if you go back to the politics for a second, we are at a, you know, a business war with China. I mean, it's been happening for years. It just stepped up recently. You know, we also now are saying that we're not going to allow cloud computing companies |
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