Political Commentator (3:45)
all hell is breaking loose as Donald Trump's former allies or former allies of the United States are publicly repudiating and rejecting him. Donald Trump is out there lying. He told the Wall what else is new? He Wall Street Journal on Sunday that he's heard from all of these nations and they're forming a coalition with him to head into the Strait of Hormuz in order to secure it for all of the cargo ships and fueling ships to leave and to normalize trade. Again, that is not happening. To the contrary, you're having nation after nation call out Donald Trump and rebuke him. Shall we go through one by one Right now? Australia announces we will not be sending nav ships to assist in reopening the Strait of Hormuz, a government minister said on Monday. Should we go to Japan? According to Japanese Prime Minister Taka Ishi, Japan is not even considering sending navy vessels to the Middle east to aid in efforts surrounding the security of the Strait of Hormuz and the wider region Japan has. However, it will agree to some drawdowns of its strategic oil reserves as part of the multinational efforts of the International Energy Agency Agency to stabilize the market. It ain't stabilizing the market, okay? The 400 million barrels of oil internationally, that ain't going to cut it. Let's be very clear. How about in Germany? German's Foreign Minister Johann Wadfel was asked whether Germany would respond to Donald Trump's call to join a naval mission to reopen the Strait of Hormuz. Speaking to a local paper there, Wade fall said the EU's operation mission previously, previously in the Red Sea regarding the Houthis from Yemen has not been effective at protecting commercial shipping from attacks over there in the Red Sea. So expanding this operation to the Strait of Hormuz would not provide any greater security. That's a significant insight there. That has a deeper meaning. Remember when the Houthis were effectively shutting down commerce in the Red Sea? And remember Pete Hegsetts, like, we're totally obliterated. Remember why Mike Walz is now the ambassador to the United nations and not the National Security advisor when they were all involved in those signal chats? That was not Persian Gulf, that was the Red Sea right there. And there's their own strait, their zone straight in the Red Sea, that the Houthis from Yemen have been very successful when they want to of shutting down and shooting at the commercial vessels there. So what we're seeing happen right now is as the Persian Gulf has effectively been shut down, the Strait of Hormuz has been shut down by Iran. People are saying, oh, well, can we get our oil from the Red Sea and transfer it the Red Sea out? Well, at a moment's notice, the Houthis are ready and they're just luring ships to basically come in. And I think that it's very clear that the Houthis are going to start operations in the Red Sea soon. I think the Germans are aware of that. That's why they're saying, why would we get involved? It wasn't effective in the Red Sea. Now you want us in these straitfromus, it's not going to happen. What about France? Well, France's leader, President Emmanuel Macron, has been speaking directly with the President of Iran. Pizzkin, remember how I've been reporting that both Italy and France have been involved in trying to do direct negotiations with Iran bilaterally to see if they can get their ship through the Strait of Hormuz and basically saying, hey, we want out of this thing. Right? Remember how I've been reporting on that? Well, there was another call between Macron and Pizzkin that took place over this past weekend. And one of the things that Macron has been talking about is a new political and security framework that can ensure peace and security for all. That's coded language right there when he talks about a new political and security framework. Inherent is that. Inherent in that is acknowledging the existence of the Islamic Republic in Iran as their right to function and a new framework away from the United States, a framework where you have Europe and Canada and Australia and Asian countries that are allied and united and not dependent on the United States anymore because the US has become a liability, a massive liability under Donald Trump for all of these nations. So not only is France saying we ain't doing it, they're saying we need to create a new framework to ensure peace and security for all. That's code for without the United States or removing the United States as a leader in any of these coalitions. You have a lot of other developments as well. I mean, just take a look at this Goldman Sachs report on the Gulf. They talk about how Qatar and Kuwait could each see their GDP contract by 14% this year if this conflict conflicts through April. A 14% contraction in the GDP of Qatar and Kuwait resulting in a two month halt of the Strait of Hormuz. Saudi Arabia and the UAE would fare better, by the way, based on oil at least given their ability to reroute oil flows away from the critical Hormuz Waterway, but would likely see GDP drop by about 3% to 5%. But remember what I said before. Reroute to where? Reroute to the Red Sea. For now that may make sense, but if you look at this map that Javier Blas post in Map of the Day. While the Strait of Hormuz remains largely closed, the Red Sea is witnessing the arrival of an oil tanker or Mata to the Saudi terminal there. And isn't it just the most obvious trap as this armada is there? You have the leader of the Houthis saying, they literally are saying, we're waiting for you, come on, we're ready for you and we're about to be activated. They're saying it out loud, dammit. I just don't get. I mean, I know you appreciate our meticulous reporting here and we're ahead of the curve on what's being reported elsewhere. And I'm sure you'll hear in the next few days about the Houthis opening up a front on the Red Sea and how it was a trap. And I'd love to take credit and be like, wow, this is so brilliant reporting at the Midas Stud network. But they're saying it out loud. They're saying it out loud, which is what I'm reporting. No one reports on it until after, like, oh my God. And we've been shocked right here. Shocked. I tell you, one of the things though, also about the uae, which needs to be reported more. And I don't think Goldman Sachs even really captured this. Dubai is dead. Say goodbye to Dubai. Say goodbye to Abu Dhabi. You know, there ain't vacations happening there ever Again, there ain't Formula One races happening there in Bahrain. Again, there ain't Western vacationers or Asian vacationers going there ever again. It's done. People aren't living there. It's over. All the work they've done, all of the bribes they played to Trump and Kushner and the family, all the quid pro quos, the pay for play, they paid Trump and Kushner too weak to play, but of course, they couldn't. And by the way, the Qatari should have realized that y' all had to bail out Kushner for his real estate project in Manhattan, like 10 years ago at 666. You had to bail the guy out. He couldn't even run one building. You think he could run the Middle East? These are lifelong losers. The Trumps, the Kushner's. And you got played the way Trump's creditors screwed him over, the way Trump screwed over his creditors and the way he screwed over his contractors. This is how Donald Trump operates. And I want you to listen to this right here, a Kuwaiti analyst. So just the other day, openly criticizing Gulf policy toward Washington after the latest strikes, Thomas Keith explains saying the region paid billions for influence and received nothing in return. He pointed directly to Jared Kushner, noting, all this Gulf money flowed to him and to Trump and the Trump family. Yet the same states that finance those channels ended up facing strikes and pressure. His conclusion is that appeasing all of these people, you know, is the worst that you can do. You're not getting protection. Watch what he says. And I'm just showing you this for the perspective of, you can see what they're saying internationally at this point, right now. Watch what they're saying internationally.