The Great Simplification with Nate HagensThis War Changes Everything: Are We Ready for Energy Shockwaves From the Strait of Hormuz? with Rory JohnstonFrom Energy Shock To Fiscal Crisis
1:04:37–1:05:10 · 34s
Rory warns that widespread fuel subsidies during a severe shortage would morph a consumer recession into a government fiscal crisis, triggering broader financial stress.