icon Captions
Loading subtitles...

US Biggest Winner in Gulf Crisis, China Risks It, Europe, Japan, Korea, India Biggest Losers!

youtube translate youtube translator youtube transcript youtube subtitles translate youtube to english youtube translate to english youtube video translation

YouTube transcript, YouTube translate

32/32

A quick preview of the first subtitles so you know what the video covers.

Some netisonens commented that the US is the biggest winner in the Iran conflict. Israel comes second, Russia third while China is a victim and Europe, India, Japan and South Korea are also victims. I agree with most of this view, but I do not think China is a loser. On the contrary, China's long-term energy strategy has received very good returns in this conflict and enjoyed clear dividends. In this video, we will analyze the gains and losses of each country in this conflict. The US successfully drove up oil prices, which made domestic shale, oil, and gas bosses extremely happy. The military-industrial complex used up ammunition and can now secure large replenishment contracts. Trump is the biggest winner. During his campaign, he openly declared at Mara Lago that if energy giants raised $1 billion for his campaign fund, once elected, he would remove environmental restrictions, unleash the energy industry, and let shale oil and gas prosper. He indeed did it. The US eliminated subsidies for new energy, and return to the traditional oil and gas path. The military-industrial complex has one simple demand. No matter who is in power, the US needs wars. Only the huge consumption from wars allows them to keep selling products and make big money. Trump fulfilled his campaign promise. He will accumulate political prestige, gain recognition from the giants, and his family business will be taken care of after retirement. Trump's personal gain far exceeds the overall national interest of the US. However, the US benefits overall. The US is rebuilding its manufacturing sector and needs production capacity to flow back to the US. But America has been de-industrialized for a long time. Its foundation is already rotten and companies lack strong motivation to relocate. Tariffs are not a cure all. Even with tariffs, companies still prefer to produce overseas. But if major overseas industrial bases such as Europe, Japan, and South Korea face unstable energy supply and soaring prices, creating huge potential risks for businesses, then some high-profit industries will willingly accept higher costs in the US in exchange for long-term predictable planning. So this round of Gulf crisis combined with previous tariff policies will drive a large number of industrial companies to leave Europe, Japan, and South Korea and move to the US. Although the US will pay the price of inflation, it can print money and export inflation outward, transferring economic pressure to others.

Settings

100%

Target language

🔊 Audio Playback
Playing translated audio