Doug Casey's Take

Find us at www.crisisinvesting.com
 Doug and Matt discuss the Lindsay Clancy case, noting reports of an 11–1 jury split favoring a temporary-insanity outcome and debating punishment versus lifelong institutionalization, deterrence, and an anarcho-capitalist justice model focused on restitution rather than "debt to society." They react to a Gallup poll showing 89% of Americans believe government corruption is widespread and consider implications for institutional trust and social stability. Viewer questions cover backlash to AI data centers (noise, surveillance fears, and a potential trillion-dollar FOMO-driven bubble), hostility to flock cameras, Doug's limited debate history and dislike of formal debates, and the likely futility and escalation risks of "D-Day" secondary sanctions on Iran. They also discuss Roman emperors, war's societal effects and drone casualties in Ukraine, ETF versus individual mining-stock exposure, Argentina and the Falklands amid Milei's moves, race tensions, and a dismissed scenario of Argentina attacking Brazil.
00:00 Case Overview
02:35 Insanity Or Punishment
03:52 Ancap Justice System
07:43 Corruption Poll Shock
10:50 AI Data Center Backlash
16:28 Debate Team Memories
19:31 Iran Sanctions Fallout
27:14 Wine With Emperors
29:19 Trump Personality Critique
29:58 Wars And Male Casualties
31:05 Drone Warfare In Ukraine
32:02 Race And Western Decline
33:28 ETFs Versus Stock Picks
36:42 Falklands And Milei
41:44 NATO And Demographics Debate
44:07 China Brazil Corridor Fears
49:25 Weekend Wrap And Signoff

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 Find  @michaelyon  at https://substack.com/@michaelyon
Michael Yon the "Great Game": Chokepoints, Hydraulic Warfare, and Where Conflict Spreads Next
The host interviews Michael Yon from Japan as he prepares for his baby's imminent birth, briefly discussing Japanese traditions around the kiri (paulownia) tree, then shifts to geopolitics and Yon's view of a global "great game" centered on routes, resources, and information warfare. Yon says the Strait of Hormuz is effectively closed and argues conflicts are interconnected, predicting flashpoints including the Falklands/Malvinas involving Argentina, possible spillover into Brazil and Uruguay, and wider fighting affecting Europe and the North Sea. He emphasizes hydraulic warfare, describing how dams on the Nile (GERD in Ethiopia), Euphrates (Atatürk Dam), Tigris (Mosul Dam), and China's Three Gorges could be used for famine and destruction. He also discusses Tibet/Nepal flood events, chokepoints like Suez, Gibraltar/Ceuta, Bab-el-Mandeb, Panama, and Malacca, plus language, migration, intoxicants, music, demographic, and economic warfare.
00:00 Morning Intro in Japan
00:32 Baby Due Soon
01:38 Kiri Tree Tradition
04:16 Hormuz and Global War
05:48 South Atlantic Flashpoints
08:15 Nepal Disaster and Tibet
13:24 Hydraulic Warfare Explained
15:13 Egypt and the Nile Dams
29:45 Turkey Iraq and China Dams
34:28 Prayer Wheel Spycraft
36:35 Local Flood Risks and Drought
38:53 Ceuta Flashpoint
39:32 Gibraltar Chokepoint History
41:16 Phosphate Power Politics
41:43 Global Chokepoints Strategy
45:05 Florida And Brazil Predictions
48:22 Ceuta Migrants As Weapon
51:32 Language Warfare Morocco
56:27 Books Burned And Forecasts
59:17 Safe Havens And Zionism
01:02:49 Cults And Empire Origins
01:05:51 Warfare Taxonomy Explained
01:12:36 Corporate Superstructure Wrap
01:15:01 Closing Thanks And Anecdote

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Read Dr. Danger Zone by Kolja Spöri at https://www.amazon.com/dp/3903713023
Doug and Matt interview elite traveler Kolja Spöri about his new book, Dr. Danger Zone, a collection of 25 highlight stories from a lifetime of travel to remote and dangerous places, paired with his on-the-ground conclusions that often contradict mainstream narratives. Kolja recounts driving Russia's northern ice roads in extreme cold, visiting conflict zones and politically sensitive regions, and seeking out famous "watering hole" hotels, including Haiti's Hotel Oloffson. The conversation shifts to his views on Turkey's development under Erdoğan, increasing surveillance and political repression in Western Europe—especially Germany—and his belief that Europe is being pushed toward a wider war with Russia while migration is used as a weapon against European civilization. They also discuss his Libya trip during the Arab Spring, his connections that enabled access to places like Chechnya, the FARC, and Mindanao, a rap song made about his life, and his Formula 1 sponsorship career.
00:00 Meet Kolja Spöri
01:09 Inside Dr Danger Zone
04:33 Languages and Turkey
07:48 Europe Turning Point
10:24 War With Russia Fears
15:10 Migration and Culture Clash
21:32 Ice Road Adventure
25:17 Haiti Hotel Legends
27:41 Goma Danger Factors
30:22 Entering Libya During Spring
32:11 Armed Kids Reality
32:51 Planning Warzone Access
33:36 Libya Benghazi Insights
35:16 Borders And Breakups
36:40 Chechnya To FARC
39:00 Mindanao And Militants
41:20 Rap Tribute Breakdown
45:31 Karabakh And Azerbaijan
47:15 Formula One Backstory
49:05 Next Chapter Reflections
50:13 Book Plug And Farewell

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 Find Bill at https://substack.com/@cgpodcast
 The U.S. Military Is a Trillion-Dollar Paper Tiger—Drones, Carriers, and Strategic Failure
The hosts interview retired U.S. Army officer and military historian Bill Buppert, fellow at the Libertarian Institute and host of the Chasing Ghosts podcast, about U.S. military shortcomings and strategic failures since 1945. Buppert argues the Pentagon fields expensive "exquisite platforms" that are unfit for 21st-century peer conflict, citing lost influence in the Middle East and Africa and recurring defeats or stalemates in Iraq and Afghanistan. He critiques procurement and consolidation after the 1993 "Last Supper," and highlights troubled systems including the Zumwalt, Littoral Combat Ship, Ford-class EMALS, aircraft carriers, and the F-35's low readiness rates. He emphasizes the revolution of cheap FPV/UAV warfare, salvo competition in air defense, depleted munitions stockpiles (including Stingers), limited U.S. homeland missile defense, and vulnerabilities such as container-launched drones. The conversation also covers Ukraine's prospects against Russia, NATO red lines, Iran's terrain and history, and the importance of considering moral injury in war.
00:00 Meet Bill Buppert
01:52 Paper Tiger Pentagon
04:56 Iraq War Blowback
06:24 Rakes and Stupidity
10:22 Bureaucracy and Budgets
12:05 Navy Procurement Fails
14:05 Carrier and EMALS Risks
18:49 Drones Change Warfare
24:13 Defense Industry Monopoly
27:20 Salvo Competition IAMD
31:46 Carriers vs China Math
36:28 F-35 Readiness Disaster
39:56 Homeland Missile Defense Limits
42:58 Smuggled Nukes and Drones
44:22 Homeland Attack Scenarios
46:06 Civil Defense Blind Spot
47:12 Empire Mindset and 9/11
48:25 Bring Policy Home
51:14 Bureaucracy and Defense Waste
53:07 Drones Change Warfare
54:43 Why COIN Fails
56:58 Ukraine Forecast and NATO
59:57 Iran Nukes and Regional Power
01:08:09 Homeschooling and Trades
01:11:29 Iran Terrain and History
01:14:12 Moral Injury and Farewell

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Doug and Matt answer viewer questions on which dystopian story best fits the West today, focusing on expanding surveillance tech and a drift toward "1984," plus a nod to a second dystopia involving "Soma." They discuss the U.S. pressuring the Netherlands via the MATCH Act to curb ASML chip-tool sales to China, arguing there's no legitimate state role and warning it could damage ASML and supply chains. On reserve currency, Doug says paper currency is a government substitute for money and predicts a return to gold. They debate China's "communist" label, claiming the party intervenes less than often assumed and noting high Chinese savings versus low U.S. savings. They cover the Japanese carry trade, U.S. debt, depression risk, preparation advice for a 31-year-old leaving the military and a 44-year-old permaculture worker, draft speculation, Cyprus investing timing, AI/AGI risks, retirement income strategies, and priorities for small monthly investing, ending with an Einstein interest-rate joke and a teaser for an upcoming Bill Buppert interview.
00:00 Viewer Questions Return
01:11 Surveillance State Fears
03:58 Chip War and ASML
06:53 Reserve Currency and Gold
09:08 Is China Really Communist
11:50 Japan Carry Trade Risks
14:17 Starting Prep at 31
17:14 Generalist or Specialist
19:02 Draft Anxiety and Independence
22:29 Cyprus Investing Outlook
24:15 AI Agents Gone Rogue
25:21 Is AI Becoming Life
27:14 Investing Around AI Risk
28:39 Boats Planes And Expat Taxes
30:29 Critical Metals Watchlist
31:56 Retirement Income Portfolio
33:35 Small Budget Priorities
35:54 Robot Liability Questions
38:32 Antifragile Society Debate
42:06 Wrap Up And Interest Rates Joke
44:14 Next Guest Announcement