Hello, fellow rebel capital. I hope you're well. So we had an economic indicator go completely

ballistic today. And this could significantly impact the U.S. economy. Now, what's weird is usually

an indicator itself wouldn't have any effect on the economy. It would be a representation of what's

happening in the economy. But this economic indicator is different. To start this video, I want to go

over to a recent clip from Richard Werner. Most of you know him well. He's definitely one of my

favorites. A good buddy, he spoke at Rebel Capitalist Live. So let's shoot him well. He's definitely one of my favorites. A good buddy. He spoke at Rebel

Capitalist Live. So let's shoot over there. He's on PBD talking about tariffs. And I want to go over

this one or two minute clip that pertains to the rest of this video and this ballistic move in this indicator that quite frankly should never

happen and the reason it's happening should never happen you'll see what i'm talking about

to be extremely successful and in fact necessary when you are a developing economy that wants to move up to the next level

and you want to raise the level.

And to be clear, he's answering one of PBD's questions on tariffs.

Of value added of your entire domestic economy.

The principle to be successful as an economy is through international trade and you have

to follow the rule of mainly importing raw materials, that means low value added goods, then

you do the adding of value and you export high value added goods.

And the US is very good with certain high value added goods and services are included, of course, particularly the services.

So as an example, what he's saying there is you import the raw materials.

Then you produce the stuff.

You add the value here.

Then you export whatever the end product is.

So as an example, we would import copper and then we would have very high level workers

...