In this episode, Doug Casey and Michael Yon discuss their major observations this week. Doug kicks off by questioning FEMA's effectiveness, calling it a wasteful agency that fails to provide real emergency relief, while Michael highlights the troubling development of new FEMA camps in North Carolina. The conversation shifts to the increasing uncertainty experienced by even the most knowledgeable people, with both agreeing that even those with plenty of resources struggle to find safe havens in today's world. They delve into the weaponization of drug legalization, especially in places like Thailand and the U.S., warning about its economic and social impact. Doug also critiques the decline of American universities, pointing out how elite institutions have embraced woke ideologies while hoarding massive endowments. On the geopolitical front, Michael discusses the prolonged nature of the Ukraine war and warns that Israel faces existential threats if its conflict with Hamas and Hezbollah escalates. Doug concludes by predicting a significant rise in long-term interest rates, driven by inflation and escalating U.S. debt, which will spell trouble for the economy.