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The worst energy shock on record is far worse than you probably think, and it's time to take a careful look at the data.

Welcome, everyone, to this special Iran War Report.

I'm your host, Chris Martinson, founder of Peak Prosperity,

an online community dedicated to the truth and becoming resilient, of course, and the creator of the crash course, a multi-part video series that ties the economy to energy and both of those to the

environment. We call that the three E's. That series concludes that our system of debt-based fiat money is dangerously decoupled from

the real world and because it is, it's going to someday fail. Has that failure begun? Well, I think it has.

And is the failure picking up speed? It most certainly is. and oil is going to be the lubricant of that.

Now, let's start here and make sure that we're all on the same page.

So I'm going to go over something that I go over in great detail in the crash course,

and it's this one slide right here that tells the tail.

Oil and the economy are linked. They're intimately related, which kind of

makes sense, right? You know, raw materials get dug up out of the ground, which takes energy.

They get transported to factories and mills and things. They get fashioned into other things,

which takes energy. They are shipped to market, which takes energy.

They're then bought by people who are sustained on food, growing,

growing using a lot of energy, principally fossil fuels, right?

Which is why this chart is so robust.

It's one of the most robust charts I have in all of economics.

And this simply says that in a straight line, pretty much, the more your economy goes up, which is on the Y axis, the more oil you consume along the X axis.

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