Doomberg, a team of entrepreneurs known for their sharp insights on energy and geopolitics, discusses the precarious state of global finance. They delve into the risks of a potential World War III and critique the UN Security Council's relevance amid escalating tensions. The conversation highlights de-dollarization efforts by nations like Iran and China, the implications for oil prices, and the rising significance of gold as a secure asset. They also touch on how energy dynamics could shape the AI landscape and influence future geopolitical strategies.
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insights INSIGHT
US Overestimates Military Prospects
US war proponents believe the US could defeat China, despite impractical logistics.\n- NATO is effectively defeated by Russia in current conflicts, revealing military limitations.
insights INSIGHT
Gold's Growing Financial Role
Gold is rising as a key neutral reserve asset amid de-dollarization trends.\n- Countries outside the US dollar system increasingly hold gold to protect reserves from seizure.
insights INSIGHT
Sanctions Often Backfire
Sanctions backfire by accelerating targeted countries' self-reliance and development.\n- Western punitive measures often strengthen adversaries instead of weakening them.
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Interview recorded - 26th of June, 2025On this episode of the WTFinance podcast I have the pleasure of welcoming back Doomberg. During our conversation we spoke about the potential consequences of war, UN security council irrelevant, WW3, Russia beating NATO, global war of de-dollarisation, $60 oil base and more. I hope you enjoy!0:00 - Introduction1:09 - Current outlook2:12 - Consequences of war4:52 - UN security council irrelevant6:05 - WW37:34 - Taiwan break point9:44 - Russia beat NATO?11:27 - Dedollarisation15:27 - Iran to close straight of Hormuz?18:02 - Oil market volatility22:05 - $60 oil a base?23:37 - Breakeven fracking25:10 - Bearish energy long term?28:07 - One message to takeaway?Doomberg is an independent, widely distributed publication that delivers concise, entertaining, provocative articles centered on energy, finance, and geopolitics. They are a small team of entrepreneurs that started this business after long careers in the industrial sector. With trillions of taxpayer dollars and myriad government mandates thrown at the energy transition, there was a practical voice missing in the traditional media. They started writing in that voice, with the freedom of having no master to serve beyond the foundation of our own principles, experience, and work ethic.This publication is their passion, and the content is supported by our team’s deep experience in heavy industry, private equity, and the hard sciences. They are entirely reader-supported and have grown to be the most widely read finance newsletter on the Substack platform.Doomberg - Substack - https://doomberg.substack.com/Twitter - https://twitter.com/DoombergTEmail - doomberg@doomberg.comWTFinance Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseasThumbnail image from - https://moneyweek.com/currencies/602379/why-the-value-of-the-us-dollar-is-falling