US Pilot RESCUED + Trump's 'Open The Strait' WARNING | PBD #771

Key Takeaways

• •

  Trump is leveraging diplomatic pressure to reopen the Strait of Hormuz - the administration is demanding that NATO and China contribute to securing the waterway, even threatening to delay high-level summits with President Xi to force a commitment.

  “It’s only appropriate that people who are the beneficiaries of the strait will help to make sure that nothing bad happens there.”

• •

  Meta is reportedly eyeing a 20% workforce reduction due to AI costs - the tech giant may lay off approximately 16,000 employees as the capital expenditures required for AI infrastructure continue to balloon and strain operational budgets.

  “Meta eyes massive... 20% of the workforce cut as AI infrastructure costs continue to soar across operations report.”

• •

  The escalating conflict with Iran has already cost taxpayers $21 billion - as the U.S. sends more Marines and assault ships to the region, the combination of direct military spending and spiking oil prices is creating a significant economic burden.

  “The war so far has cost $21 billion to all the people that are taxpayers. Wondering how much you have to pay up. That bill is coming here very soon.”

Episode Description

Patrick Bet-David, Tom Ellsworth, Adam Sosnick, and Vincent Oshana break down the rescue of a U.S. pilot after an F-15E was shot down, Trump’s 48-hour Iran warning and “open the strait” threat, Rubio revoking visas of IRGC family members, and the economic and political fallout from Iran war taxes, impeachment calls from Ro Khanna, and Newsom’s $19M PR controversy. ------- 💰 WORK AT VALUETAINMENT: https://bit.ly/4ungnZZ Ⓜ️ CONNECT ON MINNECT: ⁠⁠⁠⁠⁠https://bit.ly/4kSVkso⁠⁠⁠ Ⓜ️ PBD PODCAST CIRCLES: ⁠⁠⁠https://bit.ly/4mAWQAP⁠⁠⁠ 👔 BET-DAVID CONSULTING: ⁠⁠⁠https://bit.ly/4lzQph2⁠⁠⁠ 🥃 BOARDROOM CIGAR LOUNGE: ⁠⁠⁠https://bit.ly/4pzLEXj⁠⁠⁠ 🇰 KALSHI: ⁠⁠⁠⁠⁠http://kalshi.com/pbd⁠⁠⁠⁠⁠ 💬 TEXT US: Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! ABOUT US:Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.