S11 EP30: Hour 3 - The Corporate Wokes
The Erick Erickson Show
Erick Erickson
4.5 • 874 Ratings
🗓️ 14 February 2022
⏱️ 40 minutes
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Transcript
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| 0:00.0 | Hello there. Welcome. It is Eric Eurickson here. The third hour of this year program. |
| 0:06.1 | The phone number is 877-97-973-7-425 if you would like to be a part of the program. |
| 0:15.0 | Now, I've been getting this fielding this email from a lot of people getting text messages can I |
| 0:22.3 | really explain the whole Ukraine situation I've done this before but it probably is |
| 0:29.6 | worth me delving into this once more particularly how is it going to affect us I have a I've got a theory on |
| 0:41.2 | what probably will wind up happening and I can get into that but first what do I |
| 0:49.6 | actually think is how is how is a Russian invasion of Ukraine going to impact us? For those of you who have not heard, |
| 0:57.4 | the president of Ukraine has informed the Ukrainian people. He expects a Russian invasion on February |
| 1:04.3 | 16th. This comes from American and NATO intelligence sources. There was a U.S. surveillance flight over Belarus and Russia earlier today. |
| 1:15.6 | I don't think it's a coincidence that his message comes after that flight landed and the intelligence was digested. |
| 1:23.6 | What the Ukrainian president told his people, or well, actually what I'm telling you, I don't think he went into all the details on his end, was that the Russians are now in attack formation. |
| 1:35.8 | They have moved missile and rocket batteries and tanks into an attack formation outside of a general massing on the border, but into a position to be able to invade very quickly. |
| 1:47.6 | And I suspect that we will see the invasion imminently. |
| 1:54.4 | How will that impact you and me? |
| 1:58.4 | Not a whole lot, to be honest. There are a couple of couple of things though that i would expect to happen |
| 2:03.9 | uh just uh my my sense of this from prior situations like this is expect gas prices and energy |
| 2:11.9 | prices to go up because in international markets and the like uh that to energy prices, particularly fossil fuel oil prices, |
| 2:20.8 | tend to go up probably natural gas as well. |
| 2:23.3 | If Europe turns off the Russian gas access, expect thereafter that we will have to pick up the slack. |
| 2:32.5 | And so you will probably see a lot of increased |
| 2:35.1 | American exports of natural gas and propane to Europe but where you'll really be |
| 2:42.8 | impacted more than anything else is probably the stock market I would suspect |
... |
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