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Here’s What’s Going on With China and the US National Debt

What’s happening?

The U.S. national debt is at $20 trillion. A large chunk of that debt is owned by China in the form of U.S. Treasuries.

How exactly is China involved in all of this?

The largest foreign holder of U.S. Treasuries, China holds Treasuries totaling $1.2 trillion in value, keeping the East Asian nation’s currency weaker than the U.S. dollar and boosting its export industry.

On Wednesday, Bloomberg News reported that Chinese officials recommended slowing or even stopping the country’s purchases of U.S. Treasury bonds. The report worried investors because China’s large holdings of U.S. Treasuries could rock the market.

Did China stop buying U.S. Treasuries?

China has responded “fake news” to the Bloomberg report, saying that it’s just diversifying its foreign exchange holdings. The State Administration of Foreign Exchange said the country is not halting or ending purchases of U.S. Treasuries.

Glenn’s take:

The Chinese economy is in trouble, and the U.S. may in turn be in trouble as its biggest investor struggles. Labor costs are rising, fewer people are buying Chinese exports and China has a large amount of debt.

“The last few years for them have been the worst in 30 years,” Glenn said. “Like the rest of the world, they never really recovered from 2008 and the financial crisis.”

This article provided courtesy of TheBlaze.

GLENN: The U.S. national debt is over twenty trillion and rising. Most of that is owned by you or the government, but there’s 6.3 trillion Treasury bills, notes and bonds that are held by foreign countries. China is the granddaddy of them all, holding US treasuries totaling 1.2 trillion. It’s been good for China, helping to keep their currency weaker than the dollar, which in turn keeps their exports competitive, and it’s been good for us. Consumer prices for goods remain low, and the government gets more money to spend themselves silly.

Some people try and make all this sound hard, but it’s actually pretty easy. The United States is like a big corporation. Countries like China that purchase our debt in the form of treasuries are like investors. They buy a ten-year treasury, we get the cash but promise to repay when it matures.

Something interesting happened yesterday morning. The dollar, treasuries and stock-index futures all declined due to a rumor coming from China. The rumor was that senior government officials in Beijing had recommended slowing or even halting purchases of US Treasuries. The consequences for that could be huge. China is our biggest investor. Why would they do this now?

Hardly anyone’s talking about the danger the Chinese economy is in. The last few years for them have been the worst in thirty years. Like the rest of the world, they never really recovered from the 2008 financial crisis. Less people are buying their stuff while, at the same time, their labor costs are rising. They’ve racked up huge debt with underperforming loans, and nearly half a billion people live below the poverty line.

If your family invests in the stock market, but then dad loses his job and starts to miss mortgage payments, do you keep buying stocks or do you save your money and prepare for hard times? This is the position China is now in. They see trouble and they’re getting ready. The truth is, they’ve been quietly selling debt and calling in loans since 2016. Japan briefly overtook China as our largest debt holder before, they too, began calling in loans.

This leaves us with a couple choices. The government can either cut spending or they can print money. Which one do you think they’ll pick? But one thing is clear: the global economy is getting ready for something big. Here’s hoping we don’t pour kerosene on a bonfire.

Glenn is SICK of Hearing THIS About America
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Glenn is SICK of Hearing THIS About America

Glenn has heard a lot of talk lately about how Americans should hunker down and beg the government for help because the destruction of Baltimore's Francis Scott Key may affect our supply chain for a long time. But Glenn is "SICK" of hearing what America CANNOT do. Instead, Glenn asks us to remember who we are, what we've done, and who we came from. We invented skyscrapers, built the Hoover Dam, and answered the Great Depression with some of the biggest marvels of engineering ever accomplished!“Stop tearing everything down," Glenn says, "and let’s start BUILDING.”

Transcript

Below is a rush transcript that may contain errors

GLENN: All right. I want to give you this -- I want to give you this story today. The immediate upshot for Americans on this bridge collapse. If you're waiting for a new car to come in from overseas, prepare to wait longer. The port of Baltimore stands as the nation's leading import/export site for cars and light trucks. It's also the leading nexus for sugar. And gypsum. Which is used in fertilizer, drywall, and plaster. A record 52.3 million tons of foreign cargo was transported through Baltimore just last year.

The bustling port is cut off now after the 1.6-mile bridge crumbled and fell into the river early Tuesday, blocking the only shipping lane into the port. The port is one of the busiest in the US, and saw a record of 52-point-million tons of foreign cargo transported in 2023.

The officials have said the time line for rebuilding the bridge is, quote, years. We will do everything we can to protect those jobs and help those workers, the president said yesterday. The port of Baltimore creates more than 15,300 jobs, with 140,000 jobs linked to the activity at the port. This is a major disaster, and will continue -- and will create significant problems on the east coast, for US importers and exporters. The bridge collapse will mean for the time being, it will not be possible to get to the container terminals, or a range of the other port terminals in Baltimore. The Maryland Secretary of Transportation told the reporters Tuesday, that vessel traffic in the Port of Baltimore would be suspended until further notice, but noted the port is still open to trucks. So we still have trucks going in.

As soon as we clear the bridge, we can get vessels in.

But it's going to be a major hassle for -- over time, for cars, et cetera, et cetera.

An expert on property damage cases in the shipping industry, told the New York Post, that the collapse will have a major impact, on shipping and traffic routes in the east coast, for the foreseeable future. It's not -- quote, it's not going to get fixed any time soon.

It's going to take a lot longer than anyone expects. This is going to be a major problem for the northeast. I'm sick of this. I am absolutely sick to death of all of these stories, that say things like that.

Have we forgotten who we are? Have we forgotten what we've done?

Let me just take you on a little journey here for the American spirit. A spirit so potent and so vibrant, that it has scaled towering mountains. Mountains nobody thought that they could cross. Constructed marvels of engineering. Have you ever been to the Hoover dam? The skyscraper was invented here. Here we are on the threshold of tomorrow, none of us know what is happening tomorrow. None of us. But I'm getting the impression that we've been so beaten down, that we believe we're not going to make it tomorrow. Can I just remind you of who we come from? Our ancestors what they did. Our history, if you just look through it briefly, you will see a group of people, that never take no for an answer. And can do anything. I want to stop just briefly in 1930. The great depression had its icy grip on us. It was a time like the -- where everybody felt the flickering candle. In the vast darkness. It was just barely there.

Yet, it was in this crucible of adversity, that Americans did great things. The Empire State Building rose. It wasn't just a structure of steel and stone. But it was a beacon. A beacon of hope and American resilience and ingenuity. The way that thing was built, no one has ever seen anything like it before and since. In a record-shattering one year and 45 days, an army of workers, as many as 3400 men on certain days, they transformed this audacious vision, into a cowering reality.

The guy who was funding it knew, this thing better come in under budget. And we have to get it here fast. Or this will just destroy all of us.

The Empire State Building wasn't constructed. It was conjured into existence, with a symphony of clanging metal and roaring machines. And, quite honestly, the inexhaustible spirit of its builders.

Their stories. The men who were perched on the steel girders. That were being felony in by giant cranes, and they sat there. They whispered tales about how they could still feel the warmth of the freshly poured metal beneath them. That beam was still warm, even though it was poured in Pittsburgh.

And then pit on a train, then put on a boat. Then put on a truck. Then hauled up into the air. They could fill the warmth. It was moving that fast.

It was a feverish pace of construction. It seemed to defy the laws of time and physics.

For a long time, it was the tallest building in the world. An architectural achievement. It was also a declaration to the world, that America was a land where the impossible became possible. Determination. Innovation. A relentless will to succeed.

Yeah. That's all old, dusty history. Why even look at that? Pause they're not merely historical footnotes. They are blazing torches, illuminating our path forward. They remind us or are supposed to remind that you say when we're faced with adversity, we don't just endure it. We overcome it. We don't wait for history to chart our course. We write it with the sweat of our brow and the strength of our backs. That's who we are.

Have we forgotten that?

It's going to be years. We find ourselves at another crossroads, America. Faced with the challenges that threaten to dim the bright future that we all dream for, for our nation, for our children.

The spirit that build the Empire State Building, that laid down miles of railroads. That cut through the Rocky Mountains.

That sent astronauts to the moon.

It's still inside of every heart of every American, somewhere. Awaken that spirit.

Scale new mountains. It's not just rock and earth. Scale the mountains of innovation and stainability.

Build. Not just physical structures. But a future that upholds the spirit of adventure and hard work and ingenuity.

Stop tearing everything down, and let's start building.

Well, we might have another president. You know, who is out there? Who could we?

Why are we waiting? If this isn't a national emergency, I don't know what it is. And I don't mean the bridge. I mean all of it.

Well, our government has to lead. Really? Really?

Does it?

Maybe that's our problem. America is led by its values and its principles, that are found in the soul of those who still remember who we are, and who we serve.

Americans led the way. The government always follows.

Yeah. Well, we can't act without them.

Bullcrap. Where are the bridge builders who will stand up today, and say, I'll get it done?

As soon as that happens, you'll see who is leading, and who is stalling. The government is the one that stalls the engine out. To expect more from our leaders is rational. But to expect the most from ourselves, is essential.

We are the architects of our destiny. We are the builders of our dreams. There's a huge task that's right in front of us. I still believe we can tackle that. We can overcome anything.

The history of America is a tapestry, woven with the threads of bold endeavors. Monumental achievements. Blood, the blood spilled at the Empire State Building, and every other path to greatness. Let's harness the potential, not for glory. Not look at us. Oh, we're the best. We're the best. But because we understood -- we understand that in the pursuit of a better world, action is not just an option. It's our duty.

I often wonder, as I look into the horizon now, in today's America. Is that a sunset or a sunrise?

It depends on you. If Americans rise with the determination that carried our forbearers through the trials and tribulations. If we build with love and compassion and an unbreakable commitment to the spirit of daring adventure and hard work and ingenuity, we restore ourselves and our country.

In the words of our ancestors that are etched in every American heart, somewhere, you can do it. You can become anything. You can do anything.

That doesn't make it easy. It doesn't mean you deserve. You deserve it. You can do it. Because it's hard. And it's in doing the hard things, that we find the best of ourselves. That's why everything that's going on is not necessarily a curse.

It's an honor to serve at this time. Because we can find the best of ourself.

We can step forward into the dawn of a new day with our eyes wide open to all of the problems of the past and the possibilities that are right in front of us.

But we have to resolve to make those possibilities our reality. We are Americans. There is nothing we can't achieve, when we all stand together. United by our dreams, and driven by the will to see them fulfilled.

Don't listen to anybody else that tells you the differently.

The CRAZIEST Baltimore Key Bridge Collapse Theory Yet???
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The CRAZIEST Baltimore Key Bridge Collapse Theory Yet???

It didn’t take long for people to cry foul when a cargo ship crashed into Baltimore’s Francis Scott Key Bridge and knocked it down. But while there’s still no hard evidence of a cyberattack or terrorism, Glenn, Pat, and Stu have another … weirder … theory: Has anyone seen Transportation Secretary Pete Buttigieg lately? Because there have been A LOT of transportation-related tragedies under his watch …

Transcript

Below is a rush transcript that may contain errors

GLENN: So the bridge, Stu has a theory on this -- this Baltimore bridge collapse.

STU: I do not. I would not say I have a theory at all. I'm just saying, look, it wouldn't make any sense for this to be a terrorist attack the way it happened. 1:30 in the morning. Like, why would you do it that way?

Maybe you would argue, it was some sort of a test run.

PAT: Or just to disrupt our infrastructure.

STU: I don't know. But it doesn't seem like it will be that serious, in that. These places are able to -- it doesn't seem like. Like all the reporting is, they're able to reroute to other ports.

I mean, it has to affect Baltimore pretty seriously. Obviously, traffic will be affected. If you're going for a major terrorist attack. First of all, 1:30 in the morning is a weird time for it. And, of course, the warnings from the ships and all these other things.

Beyond that, I'm looking at a broader picture here. And I'm -- again, I'm not saying this. What I want you to know, I'm not saying this.

PAT: Okay. What are you not saying?

STU: I'm not saying that Pete Buttigieg individually, is going to each one of these things and -- like unscrewing Boeing doors before the plane takes off. I'm not saying he's doing that.

I'm not saying he's loosening tires off of planes. I'm not saying that. That would be incredibly impossible. What I am saying, should we check his house, to see if he has scuba gears. Let's check it out. Why not go into his garage and see, Pat. Maybe he has a couple of -- you know, a couple of -- I don't know.

Rubber suits. That might be for other use. I'm just saying, can we at least check? We should at least know that.

PAT: Maybe he has a Phillips screwdriver or something.

STU: Right. Does he have -- it would just be interesting to know, what type of --

PAT: It would. Yeah.

STU: Underwater diving gear, the man owns. Like, does he happen to have a mini submarine in his garage? That would be something we should know.

PAT: That would be weird.

GLENN: First of all. First of all.

As I said, they always return to the crazy -- the scene of the crime.

So he never shows up after one of these.

He disappears after this.

STU: Yes.

GLENN: Have I noticed that?

We never hear him talking about anything transportation. Have you heard him actually, you know, standing in front of a United airliner going, we're going to shut this thing down, until we figure out why the United Airlines keeps losing doors and wheels. And I heard the steering wheel or something, the other day.

STU: Right.

GLENN: Why? Where is he on that?

So he never shows up at the scene of the crime. So that immediately goes. It's also way too much work for him.

PAT: It's true.

GLENN: He would have to learn things, like how to put the mask on. Which I think is beyond his capability. You know, how do I -- the scuba gear goes where exactly. And you don't want to use it after him. After he tries it. I'm just saying, I don't know.

STU: I think, look, there are a lot of reasons to believe that Pete Buttigieg isn't responsible for each one of these things. It would be insane. It would be a crazy development, by all accounts.

GLENN: Yes, it would. Right.

STU: However, how else do we explain this?

PAT: It would be unprecedented, if it were our transportation secretary.

STU: I would agree, you be precedented.

PAT: Never in history, has a transportation secretary sabotaged so much transportation.

STU: Right.

GLENN: Can we look at the bright side, however?

That would be more than any transportation secretary has done probably in the history of transportation. I never know what they do.

STU: This is a good point.

Who knows the name of any other transportation secretary.

Yet, we all --

GLENN: You have chow.

STU: Yeah, Chow was one. And the other one that popped into my head was LaHood. Because back in the day. But not for, hey, he's screwing up all of our infrastructure.

It was like, oh, well, he's sort of a notable figure that occasionally comes up in policy conversations. This guy has overseen disaster movie sequel, after disaster movie sequels since he has this job.

We have American institutions. Boeing is just like, eh, we can't keep planes in the air anymore.

Like, what?

Why? Why has all of this happened under his watch. It's like he's trying. It's like he's Michelman. He's tied to -- we now have more footage to show in disaster movies, because of this guy. Allegedly. I mean, I don't think he is intentionally derailing trains across the country.

It does seem weird, that ever since -- we should look to see if he has a wedge or tools that would allow him to do it.

GLENN: You know, I would say the fact that everything is being derailed, would lead me to believe, that it's not one man.

STU: It's probably not. It's probably not.

GLENN: This is not bad -- the entire -- the entire country is going into a bridge abutment.

STU: That's true. That's true.

PAT: It would explain why we never see him though. Because he's always off skulking into one of these places, loosening some bolt.

STU: It's probably not him loosening bolts. It's probably not. Probably not.

PAT: Probably not.

STU: But wouldn't it be easy to rule it out. Let's toss that -- let's toss the individual possibility, that Pete Buttigieg is flying around the country, disabling our infrastructure.

Let's just rule that one out. It has to be easy to rule out.

PAT: I would feel a lot better. You know, I would. Even though, I understand, it's a --

GLENN: Call his husband. And find out, was he in bed with you, last night, or the night before, when this thing hit the bridge abutment. Just find out.

STU: Just find out. It's an easy one to rule out.

PAT: It did.

STU: Until we rule it out. He should go back on maternity leave.

That's all I'm saying. He shouldn't be employed on this job, as if it's a possibility.

GLENN: Oh, I see what this is. You just want him out as the transportation secretary. You are such a bad man.

PAT: Could that be it?

GLENN: Is it homophobia? Is that what's happening?

STU: It's definitely not homophobia. He can be as gay as he would like to be, while on paternity leave. In fact, I would encourage it. It would be almost odd if he wasn't, right?

But like, what I'm saying is, ever since this guy took this job, we have done show after show after show, out of --

PAT: About disasters.

STU: About transportation infrastructure collapse. What is happening -- like, why not just, either he's individually doing it himself.

Or maybe another possibility, is everything this man touches, gets destroyed like he's Ivan Drago. Maybe that's the thing.

GLENN: I have to tell you. I don't even know if he -- I think this is just -- this is just now four years of absolute incompetence.

The companies are all being distracted. From what they have to do. So they can meet new governmental mandates on bullcrap that mean nothing to any of us.

And this guy. This guy, I don't think he knows what his job is. I really don't.

STU: He seems to be terrible at it.

GLENN: Do you? This has and whenever he's involved in something, tragedies ensue. Again, we talk about these problems. With the border.

I don't know. What do you do? You have to make sure you're closing the border to illegal immigration. Before you're worrying about the immigrants that already cross.

You have to stop the flow. There's a leak. You have to stop the leak. Turn the water off. Then fix. With this. Shouldn't we turn the water off here?

Get this guy away from this thing first.

And then we'll figure out some of the other tails.

Whatever he's bringing to the table, is weighing down the table, and the table is collapsing. Can we do something about it?

GLENN: This is the best entertaining conspiracy theory, that I've heard in the last 24 hours. This is good. This is good.

STU: I don't think -- it would be absurd to picture Pete bite judge in a scuba outfit.

I mean, like, if somebody were to Photoshop that, and give it to us, and put it on Twitter.

That would be silly.

PAT: Irresponsible. Irresponsible.

STU: Irresponsible. He can't possibly do it. Let's confirm he doesn't have the equipment to make it possible.

Let's rule it out now!

GLENN: Have we seen close-up pictures of the American Airlines flight. When it was taking off, losing the tire. Was there a parachute after? Was he up in the wheel of -- as they took off?

Just, you know, like one of those poor Afghans, that were just like, I'm going to go to America. And he's like, wait. I'm not done.

I'll unloose the bolts here. I would like to see a close-up. Was he driving a tanker up Dr. Truck, last June 11th, and left it on I-95, in Philadelphia.

That bridge. When that caught fire.

PAT: Let's see who the driver was.

STU: Let's look. If you have the CCTV footage. You see a little guy scampering from the bridge right after. I would like to know, who is that?

Is that a leprechaun, or is that Pete Buttigieg? I want to know who that is. These are basic questions, we can ask, honestly.

And my goal here is to exonerate Pete Buttigieg.

PAT: Clear! Clear the air.

STU: That's my goal.

GLENN: Well, I don't think -- before you said this, I don't think Pete Buttigieg came up as a suspect.

STU: Hell. It would be so outlandish, right?

PAT: People were afraid to say it. Thank you.

STU: It was.

GLENN: Is that what it was?

PAT: We're saying what everybody was thinking, stupidly.

STU: But other people would say --

GLENN: As Jon Stewart said, saying the things that nobody is thinking. That's what he's doing now.

STU: Right. It could be. It could be. But then other people might say, it's the most logical explanation, that he's just going around and doing it himself. Why else would all of this happen. And that's why I just want to exonerate him. And let him get back to his wonderful family.

PAT: Real considerate of you.

STU: Yeah. And I think too, we should consider. For this particular role, whether paternity leave should only happen after the birth of a child. Maybe it should be like a constant thing.

Like a, whenever you need it, you take it.
Just go ahead. Go on leave. Right now. And maybe take eight to 12 years off.

GLENN: That would be good. Okay.

STU: Just in case, you know.

GLENN: Okay.

STU: These are just possibilities.

GLENN: Pat, thanks for standing and watching the whole thing burn with me. It's been fun.

"I Was Probably Drunk": Alex Jones APOLOGIZES for Calling Glenn Beck a CIA Agent
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"I Was Probably Drunk": Alex Jones APOLOGIZES for Calling Glenn Beck a CIA Agent

Years ago, InfoWars host Alex Jones accused Glenn Beck of being a CIA agent, and it caused some serious consequences. But in a recent BlazeTV exclusive interview on Pat Gray Unleashed, Alex apologized for the incident, admitting, “I was probably drunk when I said that,” and thanking Glenn for his work over the years exposing the global elites’ plans. Glenn responds to Alex’s apology and reveals the "peace offering" he gave Alex the last time they spoke about their past disagreements.

What We Currently Know About the Francis Scott Key Bridge Collapse in Baltimore
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What We Currently Know About the Francis Scott Key Bridge Collapse in Baltimore

A cargo ship that lost power has crashed into the Francis Scott Key Bridge in Baltimore Harbor, causing the entire bridge to collapse. Thankfully, traffic on the bridge was reportedly stopped before the crash. But the incident has many people asking: was this an accident or sabotage? Former assistant Treasury Secretary Monica Crowley, who helped spread the word of the incident, joins the Glenn Beck Program to discuss what we currently know as the search and rescue operation continues.

Transcript

Below is a rush transcript that may contain errors

GLENN: One of my favorites Monica Crowley is with us. She's a former assistant Treasury secretary. My gosh, Monica, how have they trashed that Treasury? They are just looting it like crazy. Anyway, I saw Monica, you post something this morning, and I couldn't believe my eyes. Can you tell us what happened?

MONICA: Yeah. Good morning, Glenn great to be here like always. America is waking up to real tragedy this morning. The Francis Scott Key Bridge in Baltimore Harbor, it's a massive span. And for those of us who live in the northeast, Glenn, I can tell you, I have crossed that bridge many a time, going from New York to Washington, and back, right?

GLENN: Oh, I have too.

MONICA: It is a major, major artery in the northeast. And at about 1:30 a.m. Eastern Time this morning, a cargo ship was approaching the bridge. And the video that I posted, which is now everywhere on social media.

GLENN: We're watching it right now.

MONICA: Yes. And it's all over TV as well.

GLENN: Go ahead. Yeah.

MONICA: It is a massive cargo ship. And it's under a flag, so the ship itself is registered in Singapore. And you can see in the video, that it approaches at Scott Key Bridge, and it loses power, Glenn, twice.

Not once, but twice in the moments leading up to its approach to the bridge.

GLENN: Oh, my gosh.

MONICA: And so, yeah. It -- it -- you can see in the video, it loses power twice. It regains power, but by that moment, Glenn. It's too late. And they can't get away from one of the massive lanes supporting bridge. And the cargo ship goes right into the piling. And the entire bridge collapses like a house of cards. just folds in on itself, right into Baltimore harbor.

GLENN: You know, I noticed, because I watched this video, a couple of times, after you posted it.

And I couldn't believe it was like toothpicks falling apart. When they had -- when you first start watching it. You'll see, the traffic is pretty steady on the bridge.

And thank God, right at the time it collapses, not a lot of cars, if any, were on the bridge. Do you know if there were cars on the bridge?

MONICA: Well, thankfully, if there's any silver lining on this horror show, Glenn, it is 1:30 in the morning. So it's relatively light traffic.

And you can see headlights of cars going both ways. And the moments the cargo ship, hits the bridge.

It looks like very few cars, if any, are on the bridge.

What we're hearing this morning, pardon me. What we're hearing is that two people have already been rescued, God bless. There are at least seven people missing that we know about.

So there is a very active search-and-rescue going on. The Coast Guard is out there. The National Transportation Safety Board is on site. The Navy is there. Navy divers are in the water, and have been there for hours.

And so we hope and pray that any victims that fell into the water in their automobiles and in their trucks, there's at least one semi that we know of, that collapsed into the water with the bridge. Glenn, so we hope and pray, that all of these people, who were part of this unfortunate accident. And at least now, it does look like an accident. And we will wait for the investigation. But we hope and pray that everybody will be rescued, and will be okay.

GLENN: So, Monica, do we know anything about the ship.

Because the first thought is. The power goes out. Then it comes back on. And the poor captain, man, you can see him just trying to turn that ship as fast as he can, when the power goes on. Then it goes out again.

Do we know?

My first thought is, is this some sort of a -- you know, a -- some sort of an attack with -- on electronics. Was there -- is there -- has anybody else thought of that? Or is it just me and my sick, twisted paranoia, I guess?

MONICA: Well, I think that too, Glenn. And we will have to wait for a thorough investigation here, in a lot of different areas.

There's one report that I saw this morning, that indicated that the crew, and apparently there was one pilot and two captains on board. And, of course, an additional crew, which you would expect for a vessel of this size and magnitude, under an international flag. Again, Singapore. And there is one report this morning, that indicates that the crew alerted the Maryland Department of Transportation when they were leaving the port, that they had lost control of the vessel. And again, I don't know how reliable this report is. But it's up on the New York Post website this morning. So, again, I don't know if that report has been vetted. But, you know, most of these vessels now, are under electronic control. Not unlike some of our voting systems. And might very well be -- might very well be open to hacking by nefarious players here.

So, again, we will to have wait and see. I mean, sometimes the cigar is just a cigar. And accidents unfortunately do happen.

GLENN: Right. And I hope that's the case. But with all the cyber terror that is predicted, I just -- you know, I know we're all on high alert for that.

Monica, thank you very much for reporting and calling in. I appreciate it. God bless.

MONICA: Oh, it's my great pleasure, Glenn. Thank you.

GLENN: So we have an update on the bridge collapse. The Fort McHenry Bridge. Very important bridge and port in Baltimore.

Here's the update that is pretty remarkable.

STU: Yeah. Apparently, the ship was able to issue a mayday, and say they were experiencing a power issue. And this enabled transportation officials to halt traffic on the bridge, at the last second.

I mean, if you watch the footage, you can see the cars crossing the bridge as normal, up until the very last second. And all of a sudden, they just stop. And you just kind of assumed, it was a break in traffic.

But, apparently, they knew something was wrong, and were able to stop it. I mean, they must have saved dozens of lives by doing that. So that's an incredible part of the story.

GLENN: These -- these -- yeah. These guys are heroes.

If you're watching TheBlaze right now, we're showing you the bridge collapse. It is absolutely unbelievable.

And you can see how the boat is trying to turn, as sharply as they can. And then the lights -- the lights come back on. They try to steer it away. And then it goes out, at the second time. And it's too late, and the whole thing collapses. It's remarkable.

Jeez. And they've now -- that port is closed. I'm not saying that this is by any stretch of the imagination, other than it reminds me of, the cyber attack on -- I think it was a Navy ship, wasn't it?

That was in the South China Sea. I'm pulling this -- I'm sorry. I have CRC. Can't remember crap.

But it was in the South China Sea. And it -- it lost control. And it made a circle.

And then rammed right into an oil tanker. Clearly controlled by somebody else.

I'm not saying this -- that's what this is. This is probably just mechanical error.

But we have to start thinking about those kinds of things now. Because they're all possible.