Chris Martenson #1496

SPEAKER_1 (0:00)

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SPEAKER_2 (1:00)

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Michael Farris (1:30)

What's up, everybody? Just want to let people know, provide a quick update that all of my conversations go on Substack, both video and audio, ad free early. So if you like what I'm doing, want to support my work, please consider becoming a paid subscriber and you can listen early and ad free. Also, I'll be getting some requests about, can you still listen on Apple, Spotify and other platforms? Once you become a paid subscriber on Substack, we'll provide you an RSS feed. You can then take that link and then listen to it on all those platforms as well, ad free. So I appreciate all your support and thank you very much. On this episode of Coffee and a Mike, Dr. Chris Martenson is an economic researcher and futurist, specializing in energy and resource depletion and founder of Peak Prosperity. He talks the global coordination with the emergency notifications occurring in 35 plus countries, escalation of war in the Middle East, talk the midterms and much more. Please subscribe, like and share this podcast. Ladies and gentlemen, the mic is on. I welcome back Dr. Chris Martenson.

Chris, I have to date stamp everything now. Today is November the 12th. It is 1 on 9 p.m. mountain time that we are recording.

And, you know, we got nothing to talk about today, right? There's nothing going on. Middle East is, ironically, it's quiet, not because there's nothing happening, but Jensen Wang is, that's taken over the news cycle for the last couple of days.

Chris Martenson (3:15)

Yeah, it's much more important stuff to be talked about there. Obviously, this guy had an affair. Well, wow.

It's just, yeah, I just feel like our culture here in the US and our media, it's just got the goldfish memory problem. You know, anything that lasts more than a few weeks is just like somehow we can't keep our attention on it. You know, even though this stuff is super important, what's going on in the Middle East affects everybody, and it could get out of control. It's not just there. We're also, he said anybody hadn't noticed, really poking a bear, a nuclear superpower, with help, our assistance to Ukraine, dialing in and hitting all kinds of Russian targets, refineries, commercial properties, factories. It's pretty bad. I didn't think we'd ever get to this point, and I can't believe we're here.

Michael Farris (4:04)

Yeah, you know, it was only supposed to be three days, right? Wasn't it supposed to be a 72-hour war?

Chris Martenson (4:10)

Yes, yes. And we're approaching 300 days, you know.

We'll be there pretty soon.

Michael Farris (4:18)

Well, I think one of the interesting things, too, is...

And, you know, I brought up Matt Smith many a times, and I'm going to read a message that he sent to me here, you know, during this conversation. But one of the things that, you know, we talked about, and I'm going to ask, pose this to you and tell me what you think, you know, the resiliency of the system, nobody knew. I mean, if we would have talked to the start of this, end of February, early March, can you believe the system has held up the way it has?

Chris Martenson (4:44)

No, that's been actually quite surprising to me. And it's really, it's a global system that's held up. But but it's consequences are coming due anyway, right? So here's the thing I never thought would happen. I'm old enough that I've, you know, it's not my first energy sort of shock or crisis. And in times past, the behavior has always been the same. When inventory start to get drawn down, prices rise, because concern sets in. And you know, what you if you know, there's only three things to keep track of rate, supply, demand and price.