RADIO

Dire warning from economist: Trump’s next move could save—or sink—the economy

President Trump suspended his global tariffs for 90 days, except for China. But is this strategy enough to win the trade war and fix the economy? Glenn speaks with renowned economist Richard Werner, who makes the case that Trump’s next move should take place here at home. It’s not enough, he argues, to pressure the big banks. He must also cut the government red tape and help local banks flourish. Plus, Werner also argues that Trump is fighting a hidden enemy in Europe: the CIA.

Transcript

Below is a rush transcript that may contain errors

GLENN: Richard Werner. He is an economist. You can find him at ProfessorWerner.org.

ProfessorWerner.org. Richard Werner. Professor, how are you, sir?

RICHARD: Very well, thank you. Good to be on your program.

GLENN: Yeah. Good to have you on again. You are looking at the situation, and it is changing by the hour. What are you feeling, especially you're -- you're from Germany. Are you still in Germany today? Or are you here in the United States?

RICHARD: I'm actually in the US, in Florida as well.

GLENN: All right. What is happening in Germany and in Europe, and how is -- how this whole trade thing affecting everybody?

RICHARD: Well, it is affecting everyone.

Because actually, if you have the sort of lists of terrorists.

And where it was last week. Presently suspended.

If you look at the numbers. For some countries.

There were significant changes. And potentially, even now, that they're being suspended.

They're still in place with China. Very, very high numbers.

You mentioned, you know, in triple digit percentage. Tariff.

To China. And China retaliating. And as it's escalating. That's very dangerous.

Because China is part of the supply chains, across the globe. Even in other countries.

And, of course, the US.

Trump has a point. The US is the most attractive market. And exports being -- so it's true. That the US had some leverage there.

The question is, what do we want to achieve? And how do we go about it, in order to make sure we actually achieve it?

There is a risk, a situation which it will escalate, particularly if there's confrontation now.

Later coming from China, it's a bad guy. And, you know, it's -- it's in Asia. It's very important, not to lose faith.

And not to be publicly humiliated.

GLENN: Yes. Right.

RICHARD: And at the moment, you know, of course that's why they can easily give in. Want to shut the opportunity, the opening for compromise.

GLENN: So what would --

RICHARD: At the moment, the way it's done, it is very hard.

GLENN: President Trump said this yesterday. He said: Look, it's important in China, that they don't lose faith. That they're not humiliated. And he said, I feel like they're being humiliated right now.

So what should he be doing, while still staying tough?

What kind of opportunity, should be presented, to de-escalate this?

RICHARD: I think it's important to take it off the -- I mean, President Trump is very -- publicly. But maybe in this case, where we are at this point.

It's an important thing.

You know, the public focus.

And have some private conversations with China's leadership.

And maybe they even suggest a way in which they may be done. Essentially, someone needs to face a solution that makes both sides look good.

This can be done because the Chinese are as much interested in, you know -- as President Trump is, they are commoners, trading, sort of doing deals.

So it just has to be done, in such a way, that they're not forced into a corner.

And then they feel obliged to also, you know, stand up to all of these people. And to then -- they actually should be at this stage.

So I think it can be done.

I mean, I would be glad to help. You know.

Get me into the Trump team.

I had good relations. I was invited to be the professor of finance as well, the top university, Fudan in Shanghai met very senior people in China. And I've been in Japan for 12 years. And I know how to talk to Asia.

At the moment, it was perhaps -- yeah. This -- this lack of the right approach.

But it's about, as you mentioned, that President Trump is now acknowledging this.

And I think this -- this creates an opening.

And with the right advice. The other point I would like to make actually. Is that I think it is very smart of President Trump to raise fundamentally, you know, the tariff issue.

And how the US has not always been treated equally by other countries. Right?

When it comes to trade and tariffs. That is very valid.

And Paris in history, have been, well, actually mixed. They have been very successful and good for America and other countries. They use in combination with the right policies.

GLENN: Yes, uh-huh.

RICHARD: Domestic policies. That's where I think the Trump team needs some good advice. The Trump team knows the official mainstream neoclassical economics is not to be trusted.

And that's very true. But they're still acting with the right advice. I'm an expert of high brow economics, and I think the US can have 15 percent growth in 14 years like China had.

Which can be done. There is no real --

GLENN: What needs to happen? What needs to happen? What is he missing?

I think what is missing is the Congress doing their jobs. And putting other things in place. What are you saying, that is missing?

RICHARD: Yes. Well, a key thing is -- is to do with money.

And those who create money.

Now, the fed has created a lot of money.

Too much. And has caused inflation and everything.

But actually, normally central banks, only create 3 percent of the money.

97 percent of the money supply normally is created by the banks!

The banking system.

And the banks normally. And this is capitalism.

Where central planners are making decisions.

Private, commercially. Enterprises making decisions.

And so the more diverse banking system.

Particularly, the more small local banks you have, the stronger the economy. The stronger job creation.

GLENN: Yes.

RICHARD: And that's where in the past, the US has been extremely strong. But in recent years, you know, the -- have really reduced the number of small local banks.

And it's collapsed in the number of community banks. And local banks. Almost across the United States.

And that's very bad for job creation, and then competitiveness. And China is the best case in point.

You know, they used to have this centralized Soviet-style system, you know, in only one bank.

And then when they deleted -- you know, in 1978. He felt -- let's forget about all this ideology, under Mao. Chairman Mao. Let's deliver -- let's deliver performance and growth.

And how do we do it? Well, let's learn from those who did it.

And it went to Japan and ask China, what's your secret of success?

And they told them. You need -- you need banks. How many banks do you have?

One bank. Are you serious? For 600 million people at the time. Something like that.
You need more banks than that, how about 5,000. And that's what he did.

He went back to China to create this 5,000 small banks, local banks, billionaire banks. Credit unions. Regional banks. Rural savings banks. Conventional banks.

GLENN: So what does Trump need to do to do that here? What does he need to do to create that here? What should he be encouraging?

RICHARD: Well, first of all, one needs to take the pressure off the small banks to merge. Because the Federal Reserve and the FDIC have been closing banks. That's why thousands of banks have disappeared in the US. Job. Job creation. Job creation. But who is the main employer? It is small firms.

They've been employed between 65 and 75 percent of total employment. And there's a special thing about small firms, and they can't get money from Capitol markets.

GLENN: Correct.

RICHARD: Wall Street is not open to them. The only external source of funding is banks. Local banks that -- big banks don't lend to small firms. It doesn't make sense. So who lends to small firms?

It's only small banks. That's why American policy is very strong. They were going a few decades back. More than 20,000 banks.

And they need these thousands and thousands of small local banks. Community banks.

But the regulators. And the centralization. Have led to mergers. And the number of banks have been going down rapidly.

For some reason, they think it's a good idea. Same in Europe. You know, the European Central Bank says, we have too many banks. We have to close the small local bank. Well, that's how you kill the middle class.

That's really what happens to the middle class. That the small firms are not supported anymore. There's new technology coming out. The small firms. They're not necessarily, the innovators.

But they're ones that have to quickly adapt, adopt a new technology, but for that, you need money!

If you have a small local bank that knows you, you will get your funding. You can upgrade. You can maintain the market share and stay competitive. And expand jobs, basically.

But in countries, where the banking system gets too concentrated.

The US now is at risk of becoming one of those countries.

Looking at the UK.

Five big banks. The small firm gets nothing from these big banks.

They have to do big business.

They lend to the hedge funds. In billions.

And that works for the big banks.

Is it really good that the US is headed that way? No. We have to change that. So we have to change policies, at the FDIC. They have to be bank friendly.

And therefore small firm friendly. And therefore employment friendly.

If we combine tariffs with the right monitoring and banking policy, the US can be hugely successful.

You know, Glenn, just help me to get to the Trump team.

GLENN: I'll put a word in for you. But I'm lucky to talk to the janitor.

So, Richard, let me -- let me go to Europe here for a second.

Because I think what Trump is trying to do, on many of his things is to break this elite, almost world economic forum grip on dismantling the West. He doesn't believe in the -- you know, slow decline of the West.

He is looking to change directions, 180 degrees.

And I think that's part of what these tariffs on Europe and everything else. Is to say, look, we're going in a different direction. We have to go in a different direction.

Who is with me?

Die read it that way, or not?

RICHARD: Well, I think that is a similarly -- is one possibility. And it would be -- you know, that would be a good goal. Because Europe is really still under the World Economic Forum and Deep State.

GLENN: Yeah.

RICHARD: And including the US Deep State. You know, there's variations in Europe where you get that. Sometimes when President Trump ends up arguing with European leaders, he's still arguing with his old enemy, which is the CIA.

They're in Europe. They have all their assets in place.

In the CIA app. You know, the CIA funded his program, which brought Klaus Schwab to the floor.

GLENN: Jeez.

RICHARD: So it's something to realize.

He's still planting the old enemy. He won domestically. But the old enemy is strong in Europe and other places still.

Where they've had to have a foothold to -- to the traditional military foreign basis, where the US army is, and so on.

To kind of -- and that's -- that explains a lot of his friction. So, yes. In many ways. It's good that Europe sees, okay. There will be a change in policy.

But they're just going to now run this bill under instruction, from their minders at the CIA.
Just really engaged the United States, against Trump.

They're talking about, well, we have to decouple. We can't trust America anymore at all.

GLENN: I know.

STEPHEN: And when the reality is, they're now just totally still following their minders. The Deep State minders.

RADIO

THIS proves who REALLY rules the world

The Department of Energy is preparing to finance up to 10 nuclear power plants to help the development of AI. Glenn Beck is both thrilled and furious. Glenn explains why this energy issue reveals who really rules the world.

Transcript

Below is a rush transcript that may contain errors

GLENN: So Chris Wright, our energy secretary, told an exclusive interview with the Free Beacon. That the Department of Energy, under Donald Trump is preparing to finance up to ten nuclear power plants, to give us a renaissance of nuclear energy. I have to tell you, I am both thrilled about this, and a little pissed. And maybe it's just me.

But we've been talking about nuclear energy since I was a little kid. We've known that nuclear energy was the answer since the 1950s. But we've not wanted to do it. And there's been all kinds of protests. And you all kinds of lefties that are out. Saying, oh, you can't do that. You'll kill everybody on the planet. In the meantime, we've not built nuclear energy plants. Okay? Haven't built them. We have reinvented them.

We have -- we have reinvented them. We made them small. There's no China Syndrome. Nothing else.

But they've been there for a while now. Still can't do it. Oh, the planet is going to catch on fire soon! It's going to be so hot. We're all going to die. Nuclear energy, which has zero emissions. No, can't do that. Because maybe. Possibly, what if? Even though, it's the safest energy man has ever produced. Let me say that again.
It is the safest energy man has ever produced. But you can't have it. I can't have it. I need energy for my house. I need energy for my office. No. You don't get it.

Sorry, try a windmill. But that doesn't work. Well, it worked when it was windy.

Okay. But now that AI -- now that these giant corporations need the energy. And there's no way for them to make the energy fast enough, and big enough, all of a sudden, green lights are everywhere.

Notice, nobody is talking about, we can't have all these nuclear power plants. We can't do that. Ten nuclear power plants.

Are now being green lighted and financed by our Treasury Department. Okay? Which is a good thing. If we don't have energy, we lose all of it. All of it. These -- these server farms have to have energy. And I warn you, gang, if we don't build them, what's going to happen?

Do you really think that you're going to get the power, that ace hardware is going to get the power over a Home Depot?

Do you think your house is going to get the power over a Google server?

Nope. They will start rationing for everyone else, to put all of it into the server farms. I guarantee you, that's what's going to happen.

So this is really, really good for the American people.

But, again, like I said, I'm kind of pissed. Because my whole right after, I've believed in nuclear energy.

And everybody has been against it. How many Chernobyl movies do we need to make?

How many lies about Chernobyl do we have to hear?

How many lies do we have to hear about what happened in Japan?

Or, my favorite: Three Mile Island.
No one died! No one died! Stu, wasn't that just steam that was let out, with such low emissions that it didn't affect anything, in Three Mile Island.

People quoted that forever.

STU: Yeah. The maximum radiation released was the equivalent of a chest x-ray.

Maximum exposure.

GLENN: And that stopped everything. That stopped everything!

That happened, and that movie, by Jane Fonda, the China syndrome. Which, by the way, was really good. The China syndrome came out, at the same time.

And everyone said no, to nuclear energy. And can you imagine, if we had nuclear energy, right now. How far ahead we would be?

Can you imagine? I can guarantee you, we would be using hydrogen cars right now. Because hydrogen can be made in the off hours. You have these nuclear power plants. When everybody goes to bed. They just keep the plant running. Instead of turning it down, they keep it running at a high level. And you can make hydrogen for cars, all night long.

Oh, my gosh. It's so frustrating.

It just -- it just goes to show you, who actually rules the world.

Is it you?

Or the giant corporations?

It's the giant corporations.

And it's really -- I hate -- I hate coming to that realization.

You know, I would like living in my little utopian world where everything was happy.

Everybody was like, oh, you know what, you know what, we're really good. No. We're the Constitution, republic, people listen to us.

Our politicians react to us.

GLENN: No. They really don't. They really don't.

But they can. They can. We just have to say, enough is enough. Enough is enough.

And believe me, anything that they can do to be able to shut you down and control you, and what is the best way to control people?
What's the best way to control people?

What's the absolute positively, I can control everything you do?

If I can control three or four things.

Your food. Your medicine.

Your energy. Hmm. And your money.

Because if I have your money, I can control where you buy food. What you buy. I can -- I can control where you travel to, how you travel. Oh, sorry. You can't go on an airplane, too dirty for you.

Leonardo DiCaprio needs that. Because he will give a speech about global warming. So we'll give him your credit, so you don't have it.

They control your money. If they control your food. If they control your medicine, are you -- are you noticing a trend?

I mean, everything that is happening here. They're killing our farmers.

There's your food.

They're just slaughtering our farmers. You know, metaphorically. Our farmers are going out of business. Our ranchers.

There's no reason.

We used to be the breadbasket of the entire world.

Why aren't we still?

Well, because we had to play in the global atmosphere. I don't want to play in the global atmosphere anymore.

I don't believe in all that crap.

I'll sell it to the globe. But why are we taking it in the shorts? Our people are hurting. We're buying our food, which we used to make here. We're buying it for overseas. And our farmers are going out of business. All this farmland, and who is gobbling it up?

Who is gobbling it up?

People like Bill Gates!

These giant industrial farms, okay.

And if they can control your electricity, already, I think it's in Mexico.

I know it's South America. I think it's in Mexico. They're already having problems. Some of these server farms. They're already having rolling brownouts in some towns in Mexico, just to keep the servers going, and if your servers run everything, can you imagine, you're on the east coast. Your servers start to go down. Do you think that because our entire economy -- our -- our whole system of money, banking, the stock market. Everything. It's all on server farms. No. It has to have. That's priority. That's priority.

It will be priority for that. Maybe hospitals, unless they just want to continue to reduce the surplus population to quote Scrooge.

But it will all go to the server farms. Before it goes to your farm and your house. Guarantee it. So good news, I guess, on that one.

The New York Times. This makes me so nervous. Wait, Stu. Why did you make that face?

GLENN: I mean, I get what you're saying, in theory, this electricity might go to sources that, you know, benefit from, but problem is nuclear energy.

It's basically unlimited.

You know, it is --

GLENN: These are smaller. These are smaller plants. These are -- these are designed for the server farms, not for the public.

STU: I -- I -- I agree with that. But I -- I don't know. I kind of take it as closer to proof of concept than anything else.

GLENN: Me too. Me too.

STU: If they dump money into these things, and they're successful, and there aren't massive problems, which all of these things I think would be the expectation, I think that there's a chance -- we might -- we might have a world that is not that far away. We have relatively cheap energy in perpetuity.

I mean, that's a massive promise and worth a little bit of risk of some of this stuff going to the wrong sources.

GLENN: I think you're absolutely right. But what time is it?

Oh, it's 2025. Next year is an election. Let's see how that works out. You know what I mean?
I talked to the president about this. I've said, you've got to get those power plants deep in construction.

You've got to find a way to make sure those things are bulletproof. Or it won't happen!

You lose the election in 2028, they're not going to -- they're not opening.

They're not opening.

It won't happen.

Because you've got the left.

And maybe it will happen. But it will never, never then be transferred to you.

You won't get one.

You will have a windmill.

And just to make it super efficient, it might be like one of those windmills from Holland with the wood pegs in it.

I don't think -- you may not get a real modern windmill. You'll get one that also doesn't work, but is really, really super old.

One of the things that bothers me, Stu. And I want to take a quick break. And come back to this. This is the New York Times. Why the AI boom is unlike the dot-com boom. Wall Street Journal. Wall Street is shaking off fears of an AI bubble.

Okay. And just to make it even a little scarier. Yes, Jim Cramer just came out. And said, keep your money with the stuff. Whatever he says seems to go the opposite.

So I don't -- I don't know. But how are we in an AI boom or a bubble? Well, while we talk about that, maybe it keeps us from talking about the real thing that is coming with AI. And that is the employment bubble. Because I think the employment bubble is going to pop soon. And that's when you're going -- that's when people are going to come with pitchforks and torches. To the government. And to these giant companies that are -- that are pushing AI.

This is something that I've been talking about since probably 2005. It's going to happen. It's going to happen.

And I'm really super excited that I started working on an AI project.

But we're not firing anybody. We're still hiring people. We're just tripling our output to do more.

But when joblessness really starts to hit, that's a problem. That's a problem.

RADIO

A listener CALLED ME OUT. I'm GLAD she did

A listener recently called Glenn Beck out for something related to his new project, George AI. And he THANKED her for it...\

Transcript

Below is a rush transcript that may contain errors

GLENN: Rebecca, in Texas, hi, Rebecca. How are you? Hello. How are you?

GLENN: Good. That's all right.
Good. I was calling because I -- I was showing him George AI the other day. And when you were speaking -- it looks great, by the way, well done.

GLENN: Yeah. It's a long way from being right, but thank you.

CALLER: Well, it was great. You had mentioned, and you referred to it as a "he."

GLENN: I know.

CALLER: And I was just curious how -- how it kind of evolved, to where you're calling it a "he." Is it because you're intimate with the algorithm? Almost in a sense you trust yourself so much that --

GLENN: No. No.

CALLER: Okay. So just kind of how you -- are you -- are you struggling with that?

GLENN: Oh, big time wrestling with that. I've said on the air, don't ever refer to it as anything but "it." And I do.

And I -- I don't know what's causing that, other than it can respond in a human way.

It can respond in a way that a human would. And so it is natural. And I'm glad you caught me on that. And I -- I have to ask all my producers, when you catch me on that. And if I'm saying he, instead of it.

Correct me!

Because this is a big problem.

I don't refer -- I might refer to it, as he. Which is a problem.

But I don't think of it as a person, or anything else.

I know -- when I think about him, I know exactly what it is.

It's just -- and it's a bad. It's the beginning of the slippery slope I think. It's a bad habit because when we're talking about an interview. I'm talking about an interview with him.

I'm never using. There's no other case where I'm saying, I'm doing an interview with it. And I need to. I need to.

But you seem very concerned about that, Rebecca.

Why is it? I agree with you. But what is your concern?

CALLER: Well, I thought it was -- you know, you told us, really -- I knew it as well. But just -- kind of just fear what it could be. And already, we're having a hard time believing our own eyes.

And so I just thought more of an interesting -- interesting note.

And just how easy it can be to fall into that.

GLENN: Oh, I know. I know. So you are -- you are the perfect mom. You are so great at being aware of all of this. It's why we had a discussion because people have said, Glenn, you don't want to call it George AI. Because everything is going to be AI eventually. And it will look outdated. And my view was George AI, we're not to that point yet, where everybody understands AI. And I wanted to always. You know, when we get into the video releasing of this. Next year. And this is not something that you'll even be able to recognize. But everything we create, beginning next year, everything is watermarked. So I'm going to know what's live, and what is AI. You can't take any of my videos and manipulate me, because there will be an invisible watermark that we know about, and we'll be able to go, not Glenn. That's AI. And the same thing with everything that we produce that is AI. It will be watermarked. And an invisible watermark, that we'll be able to say, no. That's not true. That's AI.

And everyone who is producing this kind of stuff needs to do that. And one of the reasons why I call it George AI, so everyone understands it's AI and not a person. You know, you said it looks great.

It's out of sync. The voice isn't right. The features aren't exactly right.

But it's amazing. But in a year from now, it's going to be remarkable. And that's when it is really important that people understand.

I was talking to somebody who just gave a talk at the White House yesterday. She called me for some -- you know, some AI talking -- you know, some thoughts on this. Because she represents families and moms.

And she was asked -- the president to speak to all of these producers of AI. And she said, Glenn, what do I need to know? I said, you need to know, anything anthropomorphic must be marked and parents must know and have a choice. So, you know, any of these plush toys that have AI capabilities, I think they should be banned.

I don't think anybody should be able to make any kind of AI doll plush anything.
That represents. Like a talking animal. Or anything else.

Because the AI is going to get so good. And it is going to be gathering stuff from your children.

And unless you have control of that, you know, on our AI. When we actually release the you full version of it.

You will have an opt out.

Do you want it to be able to you discuss things with your children and learn from your children on their educational stuff?

Not any personal stuff. Just educationally. Do you want it to evaluate educationally or not? And learn from that. So it can help your children learn better. Or not?

And then, all of that information goes into a vault, that you would control.

You could say, purge it. And we would never use it for anything else, but that. That requires a great deal of trust.

I don't know how many people would sign up for that. But that would give us an ability to help your child learn a little bit better.

But it also requires us to learn. Or the system to learn about your child.

When you're dealing with corporations that you don't know. You don't trust, that information is going to go everywhere.

And that's the kind of information that is going to go into these plush toys. And they're going to learn everything about your kid. And they're going to map everything about your kid.

And it's not good. And your kid will start to associate that cute little teddy bear just in a way that mom and dad don't understand, it's extraordinarily dangerous. So you -- thank you for calling in. Thank you for correcting me. I urge you as an audience to help me learn this. Correct me if I'm saying this.

I know Stu will, he loves to hammer me.

You know, if I make this mistake to correct me immediately, because that is a deprave, grave danger. It is a tool. It is a machine.

Period. Thank you for that phone call.

RADIO

Glenn's 2026 DOOMSDAY prediction has ALREADY begun

Earlier this week, Glenn Beck made his biggest prediction for 2026: the AI boom will start to cause major power issues, including blackouts and brownouts, for average Americans. But to his surprise, the strain on our grids has ALREADY begun...

Transcript

Below is a rush transcript that may contain errors

GLENN: Let me go to Alex in New York. Hello, Alex. Alex, are you there?

CALLER: Hi, Glenn. Yes, I am. Hi.

GLENN: Hi. Go ahead.

CALLER: Sure. So I'm calling in from upstate New York. Where we definitely have a situation on our hands here with the solar farms that the governor is pushing very, very hard.

They are absolutely using it as a land grab to take our best farmland. And in the case of near my farm here, they're trying to put in a solar farm on a protected grassland habitat, that New York State already designated as an important habitat except when solar comes to town. And we're currently fighting that up here. I meet with a coalition of people across the state. Really amazing people. Who are battling this, in every village in upstate New York here right now. And we definitely have a situation on our hands. I call it a runaway train.

GLENN: I got to tell you. Yeah, just keep fighting.

I don't know how you fight it in New York. But just keep fighting because there are -- there are communities around the country, that are fighting things like this, that are winning. I don't -- I don't know about New York, but we've got to have our farmland. And it kills me.

You know, I talked about this the other day. It absolutely kills me that we -- the people could not have nuclear energy.

No way we can have nuclear energy. But the minute tech needs nuclear energy. Oh, we're going to -- yeah, build as many as you want.

It's so disgusting. I want to talk about energy on something else. The solar thing does not work. And as a man who has spent maybe -- maybe a million and a half dollars on -- on alternative energy for the ranch I have up in the mountains that has no power to it. And over a 10 or 12-year period, I have just poured money into it, and it's a nightmare.

It does not work! It doesn't work. You can't -- you can't run anything of any significance. You know, running my -- just my studio alone, has been an absolute nightmare in there. It's not -- it doesn't work, okay? Solar and wind. It might be good for a little add-on, if you live in Phoenix. Or, I don't know. On the sun!

But it doesn't work, at least to the scale that we need. But just the other day. Do we happen to have the clip from the prediction show, where I made a prediction of what was coming next year on energy?

Can we play that happens?

I think in 2026. 2025 was the year, as I said, that we started really understanding AI.

And what was coming to some degree.

And we understood, oh. Energy is going to be a problem.

I think 2026 is going to be the first year that we see things like Texas having rolling brownouts for a week at a time. I think you're going to start to see the strain on the grid, by the end of next year, in ways that you would never have expected in the United States.

It's just growing exponentially.

I think -- I said that on show. We had a prediction show of what -- what the biggest stories are, and what are the predictions. When I said that, I'm like, you know, at the end of next year.

Let me give you this. From the Associated Press today: The amount of ERCOT's large load interconnection request ballooned to more than 230 gigawatts this year, a massive increase. Now, last year, December 2024, ERCOT needed 63 gigawatts. A year later, this December, the load that is required is 230 gigawatts! That's a lot more than they needed to go back to the future! This -- you're going to see the grids are not built for this.

More than 70 percent of the large loads are for the data center.

The data centers are just beginning to be built. We don't have the energy. And I'm telling you, this is going to be the Achilles' heel of this administration. And believe me, it will only be worst with a Democrat administration. This is going to be the Achilles' heel. Because we can't build these power plants fast enough, is -- and while Donald Trump is fast tracking these nuclear power plants, it's not fast enough!

Because as we build these data centers, what's going to happen is your energy. You're going to start having rolling brownouts. Also because of these data centers. You're also going to see the unemployment go up.

If you start to have high unemployment, high prices. And rolling brownouts, to where you're having a hard time with electricity yourself, but the data centers for the Silicon Valley companies, they're getting your power. I'm telling you.
The Bubba Effect is just the beginning. This will be an absolute nightmare for all politicians.

JASON: I'm so pissed off. This was -- I was on this show. They were like, hey, you want to be on a prediction show? You'll be squaring off against the guy who predicted Osama Bin Laden, the financial crisis, the caliphate, good luck, buddy.

And I'm like, I just knew it. I didn't know that it was going to happen that quick. But like, two days later --

GLENN: Two days later! Look, Texas is in trouble. And, you know, as goes Texas, so goes America. And so goes America, so goes the world.

Texas has got to get serious about -- and I know they are, to some degree. But the president has got to get rid of all of these restrictions, and Texas has to get all of these, and we have to concentrate on electricity. And not just electricity for the average homes. Or, I mean, for these data centers. But for the average homes.

The grids are already under strain. They're not -- you know, the problem is, if they start taking this electricity. Out of -- off of the grid, the old grid, you -- you can't pour more electricity into that grid. The grids are already at the breaking point. They're old!

They're brittle. They're not prepared for what we have to do. That's why, they have to build these nuclear power plants, at the server farms. Because they -- they cannot go on to the system because the system can't handle that much power. We're in real trouble. And everybody is still talking about solar power and everything else.

You're out of your freaking minds! Nobody has any idea. Stu, I'm sorry. Stu is like, "Watch your language, Mister."

STU: That F you hit really hard at the beginning. I was wondering what road we were going down.

GLENN: I mean, you're out of your mind. People have got to wake up to between now and 2028. I can't emphasize this enough. If you've listened to me for a long time and you've heard me say, "I'm telling you we're going to have a financial meltdown. And it's going to be the worst. It's going -- you know, you'll lose your 401(k), you'll lose everything. Get your money out of the system."


I was saying that in 2006, 2007, and no one was listening. Thank God a lot of the listeners were listening, and they saved their money and got it out in time. I'm telling you now, with just as much surety in this, the world is going to change in such profound ways between now and 2028.

In ways you cannot even imagine at this point. That you have to be -- forget your money. Forget everything else. You have to be spiritually in tune. You have to be rock solid in who you are. What it means to be human. What it means to be alive. What's important! What's not important.

You can't -- and this is so hard. I'm a guy who is in this business. I'm telling you, this is why in this last week, I've spent more time on that woman in Canada than I have on really important things that are happening politically.

Because the most important thing we can do is realign ourselves with truth!

Universal you truth. Humanity must be preserved. Your life is worth saving!

Your life is worth living.

Don't go down the road of madness with the rest of society.

Because right now, these gigantic corporations, you know, in Silicon Valley, they're promising us the only way out.

Listen to me carefully. The only way out to pay off our debt, or to survive our debt is to have something that takes our country and pushes it, our GDP up, you know, by ten points.

All of a sudden, if that happens, then we're starting to make more income, tax revenue, and we can pay the debt and afford the things that we've already spent money on.

If we don't have that, we're into -- into a different bad scenario world.

So they're promising us that.

But at the same time, they're promising us, we can pay the debt.

We can -- we can lead the world on this.

But we also are not going to have a lot of jobs.

Oh. And, by the way, to do that, we're also going to have to take energy.

And maybe for a while, take it from the people! People who can't afford food. Don't have jobs. Don't have meaning. Don't have power.

That doesn't lead to any place good at all. Warning! It's coming.

Please, please, pay attention to those things that are meaningful.