Now fusion is a big game-changer because what happens when you have self-driving cars and unlimited cheap energy? You see all those people rioting in France. They were wearing the yellow vests. So those are the yellow vests that everybody who drives for a living in France wears, whether they're truckers or cab drivers or whatever. All of those people are going to be unemployed. All of them. Because the self-driving trucks and cars with their unlimited inexpensive energy will take over that entire industry.

Now here's one of the filters of the world that not everybody shares. I'm going to tie together a few points. So we talked about fusion will make the driving industry just go away. Between self-driving vehicles plus unlimited energy, people are just going to be looking for other jobs.

Here's a point in economics that I have not heard anybody say as clearly as I'm going to say it right now. A hundred years ago almost all immigration was good because a hundred years ago you didn't have technology. And if somebody came in and they didn't have an education you could still put them right to work. You could clear a little extra farmland and grow a little extra stuff because now you have more employees. You also had not much in the way of social services. So if somebody came in a hundred years ago they added to the economy immediately because they could do the work and we needed workers. There was no room constraints because the country was still, you know, it just seemed to be like there was lots of room and there were no social services so nobody was paying taxes to support them.

Today the situation is reversed because we're right at the point where even the people who already have jobs, the people in their yellow vests for example, they're not going to be employed in ten years. They won't have jobs in ten years, at least not the same ones they have. And the people coming into the country will only be able to do the types of jobs that don't exist and they'll be coming into countries with robust welfare systems. So everything that worked about the economics of migration in the past, the fact that we didn't have a welfare support system and the fact that there were unlimited manual jobs, this completely reversed. So now there's a huge welfare system and all of those jobs are going away. In fact there might not be enough for the people who are already here.

So I was checking my portfolio this morning and I realized that if you're trying to invest for ten or 20 years, and by the way I'm not, this is not investment advice so please don't consider this any kind of investment advice, but the question you have to ask yourself is what would be the difference between countries that control their immigration and those that don't. For example if Europe continues treating immigration the way it used to be a hundred years ago, which is that it's all positive, it's good for the economy, it's good for the people, it's just all good, in a situation where it will have massive upheaval, it will tax their social systems and jobs will be so sparse in ten years at the lower end, it's going to be problems. So you really have to think about whether you would want money in a country that was very permissive immigration-wise.

And I'm also going to predict that more countries are going to want their own Trump. You know I'm watching the fentanyl news that we just talked about and Canada has also a huge fentanyl problem. So their problem is big. It's smaller in total numbers because of the population differences but Canada didn't get this done. Canada did not convince China to criminalize fentanyl. That was President Trump. And they're going to ideally maybe benefit in some ways from that. So I think you're gonna see, and you see in France that I think the people rioting probably wish they had a little bit more Trump and a little less Macron. So you might see a big wave of countries saying oh let's be more like that. I think that's coming.