The MeidasTouch Podcast Trump makes Fatal Calculation during War!!!
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Mar 7, 2026 A deep dive into a high-stakes foreign policy and economic crisis. Discussion covers risky Middle East fundraising schemes and missing funds for ship insurance. Analysis of oil market shocks, a near-shutdown of the Strait of Hormuz, and mismanaged strategic reserves. Coverage of tariffs, surprise payroll losses, Big Finance strains, and controversial moves on Russian oil.
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Trump War Risks Global Energy Shock
- Ben Meiselas argues Trump's impulsive war moves risk a global economic collapse by provoking Gulf producers to shut down oil output.
- Qatar warns oil could hit $150 per barrel and natural gas rise 400%, with global GDP severely damaged within weeks to months.
U.S. Can't Backstop Strait Insurance Without Congress
- Ben highlights Trump ordered the U.S. Development Finance Corporation insure ships in the Strait of Hormuz but the DFC lacks sufficient capital.
- Financial Times says DFC is about $200 billion short and lifting its cap requires Congress.
Missed Opportunity To Refill Strategic Reserve
- Ben criticizes Trump for not replenishing U.S. Strategic Petroleum Reserve before the Iran war, leaving the U.S. exposed as prices surge.
- He contrasts this with Biden's strategy of selling then refilling reserves to profit and stabilize markets.