As our regular listeners know, I am a humanitarian and environmentalist first. Energy poverty and hypocrisy is alive and well around the world. Finding Daniel on LinkedIn was an eye-opener. The form of energy is the differentiator. From slavery to fission and hopefully fission nuclear is a wild ride through humanity.
People go to wars over energy, and energy hypocrisy is rampant in today’s global society. Why is New York buying Russian jet fuel in record amounts, another example is California buying oil from the rain forest being drilled by China. What about the child abuse in Africa to get critical minerals for an energy transition? And the whales and other migratory animals.
Sanctions do not work, and the current administration has weaponized the dollar to a point the rest of the world is joining BRICS. January 1 2024 BRICS + will control 80% of the global oil and even more of the global nuclear potential growth. The United States has become irrelevant, due to our current leadership.
Follow Daniel on his LinkedIn, and we need to ask the really tough questions. Where do we go from here? Thank you for your time Daniel on the podcast. This was one of my toughest podcasts as there were some serious topics that were painful.
I am lining up Marine, Critical Mineral, Geopolitical, Oil, Gas, Renewable, and Financial industry leaders to talk about these issues. I am not a journalist, but I believe in my staff, and our Energy News Beat channel to deliver news and opinions that you will not see in the mainstream media. Follow other great podcasts and Substack authors, and if you are an industry leader, get on our podcasts to spread the word.
Daniel posted on his LinkedIn page this morning:
“It’s a civilization cycle thing. I can’t stop laughing. I’m telling you, these are no ordinary times that we’re living in. Things are getting wild.
Biden weaponizing the DoJ, trying to take out your chief political opponent from the other party, attempting to ban democracy etc., could prove to be a terrible mistake.
Not only the end of the Liberal Empire but the end of the United States as we know it.”
ENB Podcast with Daniel Hood
Highlights of the Podcast
00:00 – Intro
01:05 – Knowing Daniel Hood and his background and how he became a Civilization Psychoanalyst
05:16 – Now, on LinkedIn, do you get a lot of backlash for some of your opinions?
07:16 – if you think about the mind you’ve got, I mean, if you think of the structure of the brain, you have two hemispheres
09:00 – So does that make me very left and right-brained if you’re ambidextrous?
12:15 – Britain was the world dollar standard, What were some of the things going on in the Civilizations back then? Because the U.S. and Britain are losing world influence right now
One of the things that I do as a Civilization 14:49 – Civilization Psychoanalyst is look at religions and look at the power of religions and the impact of religion
16:41 – Do you feel that it is once you remove the religion and the impact that it loses societal strength?
24:52 – The CCP, the Communist Party of China, maybe 20, 30 years ago, passed their social science themes scientists with figuring out why it was that Europe overtook China rising to power and prominence.
26:44 – There are 7 key areas that shape the fate of any Civilization
29:29 – Talks about Energy Space in the around the world
32:58 – The Energy Dimensional component to civilizations is really important
35:26 – China now is set to come up to parity with the economy you’re turning over.
38:10 – Climate Change debate and phenomenon going on.
39:02 – Can we sustain our modern civilization on solar or wind power?
42:36 – Energy is the thing that Powers Civilization
43:41 – Maybe Vladimir Putin is to the rules to the liberal world order, what Donald Trump was to America.
45:21 – I also predicted if that’s true, we’re likely to see accelerating inflation
49:37 – There’s a difference between liberal logic and biblical wisdom
54:03 – The civilization cycle is a huge problem because our temperamental set point as a species is very low
56:48 – How do people contact you and what are the kinds of things that people can use you as a resource?
57:57 – Outro
The following is an automated transcription, and we disavow any errors unless it makes us smarter or better looking.
Stuart Turley [00:00:06] Thank you Everybody, Welcome to the Energy News Beat Podcast. My Name is Stuart Turley President, CEO of the Sandstone Group. I got a little bit of a wild ride today for our Podcast. I have Daniel Hood and Daniel is a Civilization Cycles Analyst.
Stuart Turley [00:00:25] And a while ago I had the Geopolitical Futures George Friedman on and that went bonkers because people wanted to understand the Geopolitical things going on. I’ve been reading, I’m just getting a little bit of background on how I found I found you on LinkedIn and we’ll have your LinkedIn in in the background. So thank you, Daniel, for stopping by.
Daniel Hood [00:00:48] Amen Thank you very much for having me.
Stuart Turley [00:00:50] I’ll tell you, when we were just chit chatting right before the Podcast and you’re amazing in your civilization, tell us what you do because we got. I was like, Wow, that’s a new title.
Daniel Hood [00:01:04] Right. Yeah. So it’s a cool title. So basically what I do, I pretty much study the Rise and Fall of Civilizations. And and of course, if we’re talking about Civilizations, we can we can only talk about them in the context of what we see today right across the planet and of course, what’s happened historically.
Daniel Hood [00:01:26] So when we think about civilizations, we think about Greece, the city states of Greece, Athens, Sparta, and we think about the Roman Empire, we think about the caliphate, the Ottoman Empire, the British Empire and the Persian Empire. And of course, we can’t really understand everything taking place today without the context of have you guys in the United States, the American Empire. Right? or those kind of rules based liberal international order.
Daniel Hood [00:01:57] So that’s what I do. It’s really cool you know, my my background. I was a former soldier and the British armed forces are as a young commander. So I said before, during and after 911, and, you know, for me, that was probably the first what I call meteor strike. Right. So there’s this kind of a wake up where maybe that’s okay. Things are not not not exactly what we thought they were after the fall of the USSR. Right. And, you know, we were kind of riding high and America was the unipolar order and and then 911 happened and everything changed on that terrible, terrible day.
Daniel Hood [00:02:39] And so I was out in Afghanistan, I was out on the ground in Iraq and already, you know, we got to that to see the disconnect between what was actually going on on the ground versus what we’re being sent back to back back to our capitals and back to our nations in the US and the UK.
Daniel Hood [00:03:02] And then, let’s say and so after my military career, so I served for about six years and then I took some qualifications in finance and I ended up working in the city in London. So I went from geopolitics into, finance and that was before, during and after the 2008 Global Financial Crisis. So that was my second Meteor strike off the back, the back of a 911.
Daniel Hood [00:03:29] So those two events really heightened my senses. And then I said, okay, things are not you know, things are not right. There’s something wrong with our civilization and maybe there are things going on that we don’t we don’t understand.
Daniel Hood [00:03:46] So I told you before, before your show started that, you know, when I was a young kid, I first read through, studied the history of the Peloponnesian War, must’ve been about 15. And and that blew my mind. You know, you said I was in Athenian General, and Athens had gone up against Sparta and got their backsides kicked and you said I was banished and whilst they had time to really think about what was going on, he wrote these great insights right into civilizations and and so on and so forth.
Daniel Hood [00:04:17] And then that just, you know, your mind runs wild. You say, Well, how can you know, such an incredibly advanced civilization, democracy, philosophy, so on and so forth, suddenly fade away into obscurity. And then that leads you on to other questions. What? Wow. Roman civilization, a derivative of the Greeks and Etruscans. So you just keep reasoning, you keep asking questions, questions.
Daniel Hood [00:04:40] And then, you know, if you really switched on, you begin to detect these patterns. You come across these great scholars. You said I’d write Sima Khan Right. So, so you know, the Confucian scholar, even Khaldoon said the Kadima, the Islamic scholar, and also Spangler, Germany and you just go on and on and on and on. And before you know it, you read so much to you’re at the vanguard of this subject and and then you can start to see things and make contributions. So that is how I ended up becoming a Civilization Psychoanalyst.
Stuart Turley [00:05:15] That’s cool. Now, on LinkedIn, do you get a lot of backlash for some of your opinions?
Daniel Hood [00:05:22] Surprisingly, I don’t. So it’s very interesting. I timed it perfectly with this kind of stuff. What I found is that there was the world before COVID and the lockdowns and all. So you tend to find that, you know, 911 was a tipping point in history.
Daniel Hood [00:05:40] And, you know, 2008 Global Financial Crisis, tipping point in history, Brexit, tipping point, Donald Trump Election tipping point. And then we had coronavirus, COVID and the lockdowns and that was an enormous tipping point in history.
Daniel Hood [00:05:56] And I think that a lot of people who perhaps were asleep or just didn’t pay much attention suddenly saw what we’re now all over I mean, all over the supposedly free Western societies were pretty much held at gunpoint if you walked out your front door and maybe, you know, and you could see the kind of political divisions emerging where both can pro, you know, lockdowns and again.
Daniel Hood [00:06:23] But I think a lot of people were traumatized by that event and and then off the back of that, we end up with this war in Ukraine. So since those two events, coronavirus and Ukraine, I’ve been a lot more proactive and I’m very surprised they’ve had very, very little pushback.
Daniel Hood [00:06:41] In fact, I’m building it now and the thousands of nearly 12,000 who have helped me and added me and them and I I’m I believe in what’s called the kind of alien methodology perspective or the autistic methodology perspective. So, you know, I tried to kind of take my brain out.
Stuart Turley [00:07:02] Daniel, can you say sorry to interrupt? Could you say that again? Because it sounds like you believe in the aliens coming in from the outside planet. What was this bright set?
Daniel Hood [00:07:12] What was that believe? Yeah. So I don’t believe in aliens and UFOs, But if you think about the mind you’ve got, I mean, if you think of the structure of the brain, you have two hemispheres, two distinct,.
Stuart Turley [00:07:22] Right
Daniel Hood [00:07:22] So if you want to get a holistic view or a more accurate perspective of what’s going on, I’m a big believer in this idea that you need to be using both hemispheres. If you’re just using one hand, maybe, but the other hemisphere, you’re only going to get partial reality, right? So if you want to understand the big picture, you’ve really got to use all of your brain, not part of your brain, Right? But it doesn’t stop because there’s a difference between perception and perspective. So perception is.
Stuart Turley [00:07:51] Oh, right.
Daniel Hood [00:07:52] Yeah. So perception is how we see the world, how we wish the world to be it’s our reality, but our reality and how we wish the world to be can be very different from how the world actually is, right? So if you want to get a better handle on what’s actually going on, you have to literally have an out-of-body experience, pretend you are an alien looking down upon the planet and look at it from a different perspective. So that’s why I call it either the alien methodology or Autist.
Daniel Hood [00:08:23] You know, all tests are very they get to the truth of things, right? They just look at something and they’re able to get to the bottom of things. Perhaps only those who maybe are a bit more emotional or a bit more biased.
Daniel Hood [00:08:35] So that I think if you want to get to the truth of things and really figure out what’s going on and you need to do those two things, so think holistically or laterally as opposed to linearly, and have this kind of out-of-body experience where you are almost neutral and you just really trying to get a handle on what is and is very powerful and a very powerful framework for thinking.
Stuart Turley [00:08:58] You know, I love your I just Daniel, I really love what you just said because if you use both hemispheres of your brain, you’re using the left and the right. And I’m almost ambidextrous because I’m left-handed, but I’m also very creative and I can think of all the different ways to make jokes on my wife. So does that make me very left and right brained if you’re ambidextrous.
Daniel Hood [00:09:24] Right? Right. Well, I think so. I mean, I think that, you know, I think that it makes sense. Does it? Like I said, if you just look at my structure, if you look at the structure of the brain, you know, you’ve got these two hemispheres and you can have a dominant side and a not so dominant side.
Daniel Hood [00:09:39] And I think that, you know, certain brains are better able, yeah, you want to eliminate blind spots. So I think that that’s the, you know, the brain is a sensing instrument and in order to master the complexities, the incredible complexities of nature and the world, you really want to see things from many different perspectives.
Daniel Hood [00:09:59] And you know, in fact, if you go to you know, if you want to be an intelligence officer, if you want to go work for the CIA or MI6 or whatever, you know, and then these are the kind of insights into human nature and cognitive thinking and psychology you will be taught, right. There’s a difference between perception and and perspective. So. So yeah, So that’s basically what I think. In order to be a good civilization psychoanalyst, you need to have this ability to think laterally as opposed to linearly.
Stuart Turley [00:10:36] Are you left handed?
Daniel Hood [00:10:37] So I’m I’m not sitting right handed, but I can use my left hand if I need to but but my dominant side is my right side.
Stuart Turley [00:10:46] I was watching your body language, Daniel and for our Podcast listeners, any time you’re moving your arm, talking very much, your left hand was coming up always higher than your right hand.
Daniel Hood [00:10:59] Right.
Stuart Turley [00:11:00] I love watching very much like investigators and everything else body language it is so fun to try to pick those things up, I guess. Bad. So let’s step back a sec because when you and I were just visiting in the World of Geopolitical issues right now, the world of energy right now, energy has changed society so much that energy is part of the economy it’s part of elevating poverty, it’s part of Geopolitical people go to wars over energy.
Stuart Turley [00:11:33] Britain and then right now, the U.S. has Sanctioned Russia they have weaponized the dollar and over sanctioning I mean, that’s my opinion. Let’s back up to Britain, Britain was the gold standard I mean, you know, the excuse me, the world dollar standard.
Stuart Turley [00:11:55] What were some of the things going on in the Civilizations back then? Because you and I talked about U.S. and Britain are losing world influence right now and Britain lost some of that influence what was going on there in that range? Does that make sense?
Daniel Hood [00:12:14] Right. Wow. Okay. So it’s a really big question. So, yeah, you know, you I mean, you know, I’m a big fan of Jim commodities guru Jim Rogers. You know, he was really hated. So he used to he set up the Quantum Fund with George Soros. Right. And, you know, they nailed it.
Daniel Hood [00:12:31] And in fact, I don’t think Jim Rogers is spoken to do what I don’t think is particularly friendly with George Soros anymore but, you know, I think he’s a great guy. And he says it best, right? He says, you know, if you are smart and let’s say the 19th century, you move to London, right? If you smart in the 20th century, you move to New York and maybe in the 21st century, it’s not going to be London or New York, right? It’s probably going to be somewhere east and we can kind of extrapolate and maybe by yeah, just kind of have a think about why that is.
Daniel Hood [00:13:01] But you’re right. Look, Britain, of course, was you know, the British Empire reigned the rule of supreme best scientist in industry, business, politics, you name it. And you know, that was off the back of many, many hundreds of years of democratic evolution. Right.
Daniel Hood [00:13:20] So if you think I mean, if you really understand where Britain is today, where it was, you know, at its peak of empire, you can’t you’ve really got to go back to I mean, I live in Lincolnshire where it’s not far from the Humber River, where the Viking sail sailed up right through Rome, you know, to think about it.
Daniel Hood [00:13:38] So, you know, Roman civilization began as a kingdom on a hill, emerged into or transitioned into a sophisticated republic when empire and then just completely disintegrated. Right. And the Romans were here in Britain for nearly 350 years. And then around the country, you know, they turned round and they said, okay, Britain’s you guys are on your own we are well done with Empire and they’re like, What are you talking about? You’ve been in for 350 years and, you know, Western Roman stood for a thousand years. Right.
Stuart Turley [00:14:08] Right.
Daniel Hood [00:14:09] But for that, I mean, it was a huge cultural shock experienced by people of the ancient world when the Romans suddenly went away. Okay.
Stuart Turley [00:14:17] Right.
Daniel Hood [00:14:18] So Britain entered into a protracted dark age for 600 years so we’re talking, you know, the fall of Rome around four, seven, six A.D. to the Battle of Hastings, the Norman conquest. We’d have to deal with having to deal with the Vikings for a few hundred years. And but that that kind of one, we kind of started to pull out of the dark era we entered kind of medieval ism things started to settle down and it’s interesting,.
Daniel Hood [00:14:49] You know, one of the things that I do as a Civilization Psychoanalyst is we look at religions and we look at the power of religions and the impact of religion. If you think of politics downstream, you’ve got culture. And below that you’ve got religion. It’s usually religions that are powering civilizations at their door.
Stuart Turley [00:15:05] Right.
Daniel Hood [00:15:05] And of course, the dominant religion about the West was Christianity. Right. And it was Christianity that was working away within the communities, within the villages and towns, etc.. And, you know, Britain and Europe gradually started to recover. We entered the Renaissance period. We entered the industrial revolution.
Daniel Hood [00:15:27] And it’s interesting that I mean, I’m I’m born was born in Manchester, which is the birthplace of the Industrial revolution. So if you look at Manchester at that time, and in fact, in places like Oldham, that is where you saw the Victorian era of peak Christianity. So that was where Christianity was literally working at its peak powers.
Stuart Turley [00:15:49] Wow.
Daniel Hood [00:15:49] And whilst it was working at Peak Powers, you saw this corresponding boom in innovation technology industry. So we can show the correlation between this powerful cultural technology versus this physical manifestation of industry and technology and railways and, you know, theme and coal usage and so on and so forth, and this incredible explosion which spread globally.
Daniel Hood [00:16:15] So the problem is that, again, you’re not just looking at the rise of Civilizations, but you’re also looking at why civilizations fall or why they disappear or why they disintegrate civilizations. It’s rarely because of other external civilizations or forces. Most of these big, powerful civilizations like Britain, always decline and implode from within.
Stuart Turley [00:16:38] You. Wonderful explanation. Do you feel that it is once you remove the religion and the impact that it loses societal strength? Because I love studying religions. And when you take a look at the Muslim faith, it was it still has it had its stirrings in, you know, in the old testament you know, when you take a look at all of the how they got started.
Stuart Turley [00:17:09] And you take a look at the Jewish faith. Absolutely wonderful I love studying them. I love talking to everybody, regardless of their faith. And then you take a look at how those three are all related, you know, in their beginnings.
Stuart Turley [00:17:25] But like in the U.S., we have lost our Christianity we have lost our past. The Muslim faith, the good Muslims that I know, our great, great people. Well, there is a stigmatism with the not so good Muslims in in what they have done. Do you feel that? And I again, I do love everybody. I’m a humanitarian and a guy and I want to talk to everybody about their religion.
Stuart Turley [00:17:56] But the dad’s not in the homes, the not being, and now we have anarchy running around in. And, you know, the UK is the same way with a lot of that. Is it the mess no matter what religion it is? Do you feel that could be part of it?
Daniel Hood [00:18:15] So, you know, we get we’re getting to the root of it. So, you know, in order to study civilizations that rise and fall, you have to understand human nature. But you can’t disassociate the two. So the Rise and fall of Civilization is based upon temperament.In layman’s terms, we can define that is character attitude.
Stuart Turley [00:18:34] Right.
Daniel Hood [00:18:35] So temperament is the psychological and emotional foundations of personality underpins our behavior, virtues, vices, morals, ethics, even how we got to the economy and choose our government. Right. Okay. It really shapes us and our culture right down to our DNA. So what tends to happen is that civilizations rise in working boot. You know, you’ve heard this phrase before saying before, and they decline in kind of pink, fluffy slippers. Right.
Daniel Hood [00:19:01] So, you know, the young elder generations are working hard, right. And they’re building and working their backsides off, you know, blood, sweat and toil. Right. And they kind of build everything up and they hand it over and, you know, let’s face it, kind of my generation, Generation X and all of the younger generations, we never had it as good. We’ve never had it good. We don’t know how to struggle, how to suffer, and we don’t really understand the meaning of it.
Stuart Turley [00:19:29] Wow.
Daniel Hood [00:19:29] And so we become very liberal because we’ve been so successful and all of the wealth generated. And you know, if you think of kind of Western civilization, which is distinct from the modern West that we have today versus, let’s say, Greece or Rome. Right. So, you know, Greece was successful in its own right. Okay. Rome took it to another level. We had a dark we had the medieval era we had the Renaissance Western civilization rose to prominence and dominant way past the Chinese and which will come on to Confucianism and what’s happening to China downrange.
Daniel Hood [00:20:10] So and then, you know, we have these terrible world wars and, you know, you guys said, okay, right, This is insanity. This is madness. And we’re taking over now. And, you know, we’re going to just kind of put our own rules in and try and take things to the next level. And that’s exactly what happened. I mean, the liberal world order was insanely successful.
Daniel Hood [00:20:34] But the problem is when you become incredibly wealthy and you see these dense urban cities, you know, you look at New York with millions and millions of people living on top of each other, you’ve got all of this wealth at some point that wealth and that urbanization is going to impact how you think, feel and behave. Right now in the sixties is a very famous scientist, a biologist called John Calhoun, and he ran a series of experiments in the sixties called. And in fact, these experiments were nicknamed Mouse Utopia.
Daniel Hood [00:21:08] So he simulated a mouse utopian society like any city that we would find in London, in New York and wherever, Right. Paris, etc., etc.. And within a very short space of time, you know, the mice had were disease free, ready to free, and they had luxury apartments to live in by abundance of food they could make whenever they wanted. And they did that and their population exploded.
Daniel Hood [00:21:35] But the problem is, once that population exploded, their character, their temperament changed and things started to go into reverse. And this is without any external impact or influence. And their population just crashed and they burn out. That was it. They just wiped themselves out. Right.
Stuart Turley [00:21:54] Wow.
Daniel Hood [00:21:55] And so, yes, you shouldn’t extrapolate too much. You can’t say, well, that’s what’s going to just because that happened to mice, that’s going to happen. You know, that’s the same phenomenon that’s happened.
Stuart Turley [00:22:05] Right.
Daniel Hood [00:22:06] But there are some scientists and there are some suggestions that, you know, what may be this kind of behavioral phenomenon is happening to us. Right. It happened to Britain. It’s happening to you guys in America. You know, you go to some of these cities now and again, I don’t want to get involved in the politics and I’m just trying to you know, we’re trying to be, like I said, these aliens, these authors were just literally trying to find out what’s actually going on in reality.
Stuart Turley [00:22:34] Right.
Daniel Hood [00:22:34] Independent from whether you’re on the Blue Tribe or the Red tribe, It’s just what is going on. And so, you know, if you can see the cycles of civilization, you can also see part all right. And if you think about it, most normal people here are just living their lives they don’t think about anything going on past their own lifetime.
Stuart Turley [00:22:53] Right.
Daniel Hood [00:22:54] So they don’t really you know, maybe, though, if you think about cycles, breathing cycles, sleep cycles, the calendar cycles of weeks, months, years, but they’re not at all familiar with any cycle that extends beyond their lifetime. And therefore, they can’t see arcs either. But obviously, as you know, if you study any empire and you go back, you could look at a history map of 4000 years. You’ll see that every no civilization has made it right and they all cycle and every empire arc.
Daniel Hood [00:23:25] So if if our theories are correct, because this is the whole point, it’s what’s the point of being a Civilization Analyst. Well, the whole point is that we can make predictions in the future based on what’s happened historically, and we’re trying to make really accurate predictions.
Daniel Hood [00:23:42] So to answer the question, we you know, many suspect and there are many scholars that have really attempted to tackle kind of this niche for thousands of years. You know, some of us believe that maybe we can see these are signs that it’s becoming clear now. And, you know, this kind of we can see these these problems within civilization and interestingly between civilizations, which forms the basis for geopolitics right?
Stuart Turley [00:24:07] Right.
Daniel Hood [00:24:08] So we can look at the map and the global map and we can see what’s happening in Ukraine. We can see what’s happening maybe in Southeast Asia, in the Middle East. So I think the framework, the best framework, because, you know, everybody’s consensus is this disturbance in the force, but then unable to make sense of it.
Daniel Hood [00:24:24] And that’s what we come in, right? So we say, look, here’s a framework within which hopefully you can make sense. This idea that, you know, the West is rule supreme for 400 years, right? So prior to that, that period or Europe kind of dominating, it was China. And then all of the sudden Europe overtook China and the Chinese were like, wow, Like these guys were living in mud huts and dark conditions and then all of the sudden they overtook us.
Daniel Hood [00:24:52] And in fact, the CCP, the Communist Party of China, maybe 20, 30 years ago, they passed their social science themes scientist with figuring out why it was that Europe overtook China rising to power and prominence. Right?
Daniel Hood [00:25:09] And when they reverse engineered our civilization you know, at first they said we thought it was good politics. We thought it was your military, we thought it was your technology. And then they said we realized we got it wrong. For the past 10 years, 20 years, we’ve realized it was your social fabric and foundation for life it was Christianity, which is an incredible realization, right?
Daniel Hood [00:25:33] So if you think today in the liberal world, right, we don’t we don’t need religion. It’s this ancient relic, patriarchal, right? It’s useless. And, you know, we we’ve got it all figured out. We don’t need God. God is for weak people. And and I there’s a good case to be argued that may be the foundations, therefore, of of our civilization are not less secure now as we perhaps thought they were and we’ve left ourselves dangerously vulnerable.
Daniel Hood [00:26:07] And so I can see these clear parallels with maybe the Western Roman Empire when you look at maybe America has to stay ahead of civilization, you can kind of see the same cyclical phenomenon playing out. So the key or that challenge or, you know, is to try and figure out is this cycling phenomenon actually happening to us and where in the cycle, where on the cycle and what does it mean? Right,.
Stuart Turley [00:26:33] Right.
Daniel Hood [00:26:34] Relative to other civilizations who are also going through these kind of same processes. So it’s it’s never ending. It’s in credit. You know, there’s so much material to look at. If you think about it, there are seven key areas that shape the fate of any Civilization. And of course, the first one is family. So appalling, we spoke briefly about the nuclear family can we see any problem in that that area?
Daniel Hood [00:27:01] Education, How’s the educated system doing right in America? Is it but we producing enough scientists and engineers or social media influencers and superstars, right, relative to maybe other civilizations who.
Stuart Turley [00:27:16] Right.
Daniel Hood [00:27:17] Are trying to get ahead? And, you know, we’re looking at arts and entertainment we’re looking at the business community, the corporate world. We’re looking at government, right? We’re looking at media. Do we trust our mainstream media outlets today? Are they giving us misinformation, disinformation, good information?
Daniel Hood [00:27:37] So like I said, it’s we are like early warning radar, you know, sociological seismologist. So one of the two and we’re just trying to make forecasts and predictions and they’re not always accurate. We don’t get it right. But that’s the fun here. We are having this conversation finally of what’s going on.
Stuart Turley [00:27:57] I just love talking about this gassed up and let’s talk about Energy as as a whole has helped society elevate out of poverty. And you take a look at the industrial revolution it was coal and steam and all of that and then that migrated we were killing the whales for whaling well, and then, you know, oil save the whales.
Stuart Turley [00:28:23] As we take a look at Energy has been so important, it’s affected everything. It’s affected your comment was wonderful about the generations. My granddad came in on a covered wagon and he was in the Oklahoma land RUSH. My dad did not have a indoor bathroom until he was 16. He had an outhouse they were farmers they were not wealthy.
Stuart Turley [00:28:53] And then you take a look at me and my kids you’re describing then in my business partner is a millennial. He’s one of the hardest working millennials I have ever met in my life he’s a rarity for other millennials that I have dealt with. I’m a baby boomer I could retire, but I’m having too much fun. Described everything right or wrong, and the millennials, the Gen Z I’m afraid of. Now let’s go to the energy side. There wasn’t a bad analogy, was it? Daniel?
Daniel Hood [00:29:26] The great, great, great, great analogy.
Stuart Turley [00:29:29] And so, okay, so let’s go to Energy. You know, I firmly believe that the Ukraine war, Russia and the UK, Germany and the rest of the EU had failed in long term contracts on natural gas and so Russia took advantage of that. And so, you know, the fluctuation in the energy prices on natural gas and everything and.
Stuart Turley [00:29:59] And then we have. So all of this comes in NATO is being really really political in their Russia and there’s I don’t want to get into Ukraine and the U.S. but there’s appears to be a lot of corruption, you know and funding of weapons labs if all this comes true, I can’t blame Putin. I don’t approve of Putin, but I can’t you know, he’s taking care of Russia first. Now, is he a good guy? No, I think he’s pretty evil but he’s taking care of Russia first.
Stuart Turley [00:30:32] Dropping over to Saudi Arabia. I applaud the Saudi leadership because they’re funding their green and and initiatives. And they think in years and decades, very much like the Chinese, They think years, decades. And the Americans only think every two years. And I mean, we are so shortsighted. We are idiots.
Stuart Turley [00:30:58] And so when you take a look at Saudi Arabia, they’re the nominal we’re thinking in the long term. Now, do I agree with everything they’re doing now? Do I? But they are doing Saudi Arabia first. And so where do you see and I and I we talked about this, but the decline of the British pound and then you take a look at the U.S. dollar is I think it’s teed up to go away. I mean, it will no longer be the international standard and people were saying, oh, it’s going to be years.
Stuart Turley [00:31:35] I think that the weaponization of all of the sanctions that the idiots at our leadership have been doing is forcing BRICS. You know, you have Brazil, India, China, South America, and you have all of that kind of stuff. So they’re meeting, I believe, next week and so or the week after, and they are bringing out a gold standard.
Stuart Turley [00:32:01] The U.S. went out a bazillion years ago under Nixon we got rid of the gold standard. We’ve been printing money ever since, and you can’t print money. So I guess my real question is energy forward thinking where do you see the U.S. losing so much of its power with the dollar going away?
Stuart Turley [00:32:24] The Dollar is going to lose it’s already happening to the U.S. You know, when crude oil is no longer people are going around the U.S. oil dollars and they’re going around, you know, they’re now trading in Rubles and Yuan and and all that. And I mean, BRICS is gathering steam. What do you think about BRICS and accelerating that?
Daniel Hood [00:32:48] Right. Wow. Okay. So there’s a lot to be said so So let’s let’s go.
Stuart Turley [00:32:52] Sorry.
Daniel Hood [00:32:53] So let’s let’s compartmentalize. So let’s separate. And these are great questions. The energy. Dimensional component to civilizations is really important. And I want to make a distinction. So your audience between the impact energy has on our modern advanced civilization versus the civilization cycle.
Daniel Hood [00:33:14] The civilization cycle simply means, you know, we are the common denominator, right? So throughout history and in fact, you know, slavery was a form of energy, right? Until we steam. And that’s why all of these empires and civilizations, long before the West came along, had slaves. They basically were oil and gas and fossil fuels. Right. So.
Stuart Turley [00:33:37] Right.
Daniel Hood [00:33:38] It’s really interesting because you have this forces of this civilization cycle we will cycle biologically. It’s an innate thing. And that’s just always going to happen. Environment, childbearing patterns, strategies and cultural technologies really impact the fate of civilizations. But energy in our modern world is a really important thing. You know, if you look at population growth just over the last 200 years, it’s literally vertical.
Daniel Hood [00:34:06] So we went from, you know, look at 10,000 years of population growth. We kind of trundling along. We’re kind of living in line with our access to energy resources. And, you know, we harness steam coal and then boom, right?
Daniel Hood [00:34:24] We literally go vertical. We go from 1 billion to 8 billion people on the planet. Okay. So this is a huge, huge, huge whichever way you look at it, this is exponential growth on steroids squared. Okay. And that was only because of fossil fuels so cheap, easy access, energy, dense coal energy did energy dense oil, you know, and uranium and gas.
Daniel Hood [00:34:53] So in order to power our just a standstill, for example, in the United. States. As you do know, you guys are kind of plowing through, what, maybe 18, 19? I don’t know what the specific figures are now, a million barrels of oil per day. Right. Every day just a standstill. Okay. That’s without any additional development. Right. And the world probably consumes somewhere in the region of maybe 90 to 100, maybe 100 million barrels of oil a day.
Stuart Turley [00:35:22] Okay. And that 110 is going up.
Daniel Hood [00:35:24] Right.
Stuart Turley [00:35:25] Renewables.
Daniel Hood [00:35:26] Right. China now is set to come up to parity with your economy you’re turning over. You’re generating trillions and trillions and trillions of dollars the Chinese are also plowing through enormous cost. So between you and China, you’re taking maybe like somewhere in the region of maybe 40% to 50% of the world’s total supplies of oil. Right?
Stuart Turley [00:35:50] Right.
Daniel Hood [00:35:51] So what’s what’s the point that I’m getting at? You know, when you look back at the 2008 global financial crisis and you ask many analysts and researchers and experts and economists and you ask them, what was it all about? The conventional answer will be, you know what? It was the subprime crisis, right? Fannie Mae, Freddie Mac, you know, they were lending out mortgages to people.
Daniel Hood [00:36:12] But actually, the unconventional explanation, you can actually go back to around 2005 and you’ll remember when I think it was Brant crude reached about 140, what was it, $148 a barrel. Right. Right. That was the. As far as I’m concerned, that was the first as an analyst, that was the first warning shot across the bow of civilization of our modern advance civilization.
Stuart Turley [00:36:34] Yeah.
Daniel Hood [00:36:35] If you think about it, those kind of high energy prices targeted the weakest points of the economic system. The financial system merely masks the finite physical nature of the world that we live in. Right. You got so sophisticated in London and New York and Wall Street were built these layers upon layers of financial products and systems and services and operations and derivatives. But really fundamentally, what matters is food and energy. Right. Food and energy and water and that’s how it’s always going to be.
Daniel Hood [00:37:07] So it’s interesting to me that with such high energy prices, what it was signaling, the economy was signaling, look, we can’t cope with such high energy prices something’s got to give it. The subprime market led to the implosion of the Shadow Bank, the entire shadow banking system. Ben Bernanke, we all remember it well, etc.. That kind of kind of just it was like the world was ending. Right. And we never really recovered from that.
Daniel Hood [00:37:36] And in fact, the only reason that we did recover was because you guys innovated and you say, hey, we can now actually refracting and innovative oil extraction energies and technologies and you have the Canadian tar sands.
Daniel Hood [00:37:50] So to my mind, this signal that right we’re not just eating you know, we’re not just scraping the barrel, maybe we’re eating the barrel, right? Maybe that’s what it what it signifies. That’s what it signals. So to me, that was like, you know, the first warning shot across the bow that maybe something was going on in the energy market.
Daniel Hood [00:38:10] Then on top of that, you have this whole kind of climate change debate and phenomenon going on. Right. Which again, it’s a kind of partizan issue. If you’re part of the Blue Tribe, you’re all in on climate change. If you’re part of the right tribe, it’s like, Hey, this is all nonsense.
Stuart Turley [00:38:26] Right.
Daniel Hood [00:38:27] Maybe the truth is somewhere in between again, if you kind of thinking holistically, maybe, you know, Elon Musk says it best, right? So he says, you know, maybe we’re changing the composition of the atmosphere in ways we’ve yet to fully comprehend it’s reasonable. We went from a billion people to 80 people in the last 200 years alone we need an enormous amount of fossil fuels just to maintain, you know, kind of our advanced and modern lifestyles. And it’s incredibly, as you know, incredibly energy intensive, like incredibly energy intensive.
Stuart Turley [00:39:01] Right.
Daniel Hood [00:39:02] And, you know, can we sustain our modern civilization on solar or wind power? You know, it’s taken us 200 years or so to kind of build this fossil fuel, industrial, technological, informational economy if we start kind of messing with these foundations, can we change in time but we left it too late. Are we doing enough? Are we moving too hard?
Daniel Hood [00:39:26] Now we’ve got this net zero phenomenon right where Western governments have set themselves by law these really, really, really stringent targets. And the question is, you know, is that based you know, are we moving in the right direction based on reality? And, you know, how like, this is the debate I had with a lot of people and my fear is that both can be true. You can agree that maybe with changing the composition of the atmosphere in ways that we’ve yet to fully comprehend.
Stuart Turley [00:39:59] Right.
Daniel Hood [00:40:00] Fossil fuels are also critical mission critical to our to everything mean as you know especially your energy show you know everything requires a form of fossil fuels. Right? All our goods, all our services, our food. I mean, you know, 40% of food production globally needs fertilizer. Right. So this is my my my greatest concern is that now that you kind of bring in the geopolitical dimension. Okay.
Daniel Hood [00:40:30] And you guys, if it really hit the fan, you’ve got enough reserves to kind of fall back on. Right. So you can experiment with maybe the whole cleantech and of EVs and solar and wind and so on and so forth. And if it all goes wrong, you’ve got resources to kind of fall back on Britain we’ve kind of expended a lot of the North Sea oil. Right. And Europe is in real trouble. Right?
Stuart Turley [00:40:57] Right.
Daniel Hood [00:40:57] And, you know, Europe’s like and they’ve really got like the continent has got enormous questions to basically answer. And maybe this conflict in Ukraine has now kind of compounded the challenges and problems because, you know, Russia was a main supplier of natural gas. So I think that, you know, and let’s let’s be clear that maybe, you know, when we talk about the European Union, to my mind, Germany is the European Union, right?
Daniel Hood [00:41:29] So if Germany is going to industrialize because of its energy crisis, you know, you cannot defy the laws of physics, as, you know, energy laws of physics. Right. Energy return on energy investment. If it’s falling, then, you know, you stand a very, very low to maintain your.
Stuart Turley [00:41:48] Oh, Daniel, all in all, your comments are spot on a couple weeks ago or a couple of weeks ago or whatever it was month, Germany shut down their last two news last week there were things coming out saying that now Germany is imploding so much of France nuclear energy.
Stuart Turley [00:42:10] Germany is growing their LNG imports for the U.S. Spain is now the largest LNG importer. You nailed everything in there. So, you know, hats off to you for saying all of that stuff that you just nailed. Sorry if we’re giving you a compliment, but holy smokes, you’re you’re on target on it on all this stuff.
Daniel Hood [00:42:34] Right, right. So so, you know, I think so. The energy dimension is really, you know, as somebody who study civilized civilizations, you know, energy is the thing that powers civilization. It was built like the rapture, you know, said that. And and he’s right. It’s like whatever we do, we need consistent, stable supplies of energy. And, you know, otherwise we cannot defy the laws of physics.
Daniel Hood [00:42:58] So, you know, even now, for example, in Africa, we can start to see and, you know, so so there are conflicts in the Sahel region now. So again, these are part of this wider geopolitical confrontation, this clash of civilizations. Right. And, you know, France is getting really nervous because, you know, maybe 20% of its uranium, for example, is coming from the Niger region. And obviously now you’ve got this new this coup.
Daniel Hood [00:43:24] And, you know, this is another thing, by the way, that we predict so because really, if you think of the United States, I’d argue that, you know, let’s look at the current kind of clash of civilizations and this kind of challenge to the liberal, the rules based liberal international order.
Daniel Hood [00:43:41] So maybe Vladimir Putin is to the rules to the liberal world order, what Donald Trump was to America. They would both they were both wrecking balls, right? So Donald Trump came along. He was a symptom. And it believed Donald Trump was the cause of all of the problems. I think it was a symptom, right? In the same way that our equivalent in the United Kingdom was Brexit. There was this frustration that made.
Stuart Turley [00:44:07] Nice.
Daniel Hood [00:44:07] Globalization and Western universalism, wasn’t it? You know, not everybody was being lifted up by it. And maybe there was a segment of the kind of city class, that cosmopolitan class that were kind of running away and, you know, having a great time around the world. And then you had the kind of bulk of the population which was left behind. Right.
Stuart Turley [00:44:27] Right.
Daniel Hood [00:44:27] So to me, the kind of, you know, the Vladimir Putin phenomenon, the Donald Trump phenomenon, the Brexit, the kind of symptoms are the same problem. But the problem with Ukraine is that, you know, if you think about it, kind of you had COVID corona virus. You know, Joe Biden was parachuted into into Washington and into the White House, the executive branch. And.
Stuart Turley [00:44:53] Right.
Daniel Hood [00:44:54] Then you had, you know, this kind of tensions kind of building again in Ukraine in the Donbass, between Zelensky, between the Ukrainians and and the ethnic and the Russians, the Russian speaking population. And I actually predicted I said, you know, now that Joe Biden is kind of in power, I wonder. Ukraine, to me, just seemed like the most likely hot spot. I had no idea how bad a hotspot it would become.
Daniel Hood [00:45:20] And then I also predicted if that’s true, we’re likely to see accelerating inflation. Right. And to me, this is a kind of energy triggered energy triggered inflation. And I’m not it doesn’t surprise me that the Federal Reserve was panicking. You know, the Federal Reserve was forced to basically slam on the brakes and no one was wearing any seatbelt. Right. We’ve all gone crashing through.
Daniel Hood [00:45:45] And if you look at how quickly they raised interest rates and to that level, it’s just it’s never before in history as interest rate been raised so quickly. So, as you know, it’s there’s always a lag. It’s always a year or two years down the road before we really feel the impacts. Okay. And it’s still not solved the problem of inflation. Inflation is still running away.
Daniel Hood [00:46:06] So how much more of this can we take over the next few years? My my greatest fear is that because of the energy challenges that we’re facing and certainly in Europe, definitely in Britain, I mean, in the last 2 to 3 months, food prices have gone up by nearly 23%. Right. It’s so there’s a phenomenon in Britain, in Europe called Shrinkflation. Right. So food products are getting smaller, but it’s because they’re becoming more expensive.
Stuart Turley [00:46:35] Right.
Daniel Hood [00:46:35] And how long can that go on for before products start to vanish off the shelves? Because the poor prices have to just keep going up and up and up. So. So it’s a huge social problem that I see on the horizon. And I think that, like I said, it’s this has been going on anyway. So even before the crisis in Ukraine, you had this whole net zero push, which is going to add a premium if we’re going to move away from fossil fuels and we’re going to try and make these transitioned things and things are going to there’s going to be a premium, there’s going to be a cost and it gets more expensive.
Daniel Hood [00:47:11] So I wonder whether, you know, we’ve literally reached the end of the kind of peak of our civilization. It was Emmanuel Macron that kind of said it. He said, look, you got to be prepared for the reality is that the good times are coming to an end and you don’t know how good you’ve had it, right. And so that’s what we’re looking at. We’re kind of just looking at what’s happening within civilization and between civilizations,.
Daniel Hood [00:47:38] You know, And that’s before we talk about China, right? We’ve not even got to China. Oh, no, not with, you know, kind of with their civilization and holy smokes. So so it’s these are probably the most exciting times to be alive, especially if you’re interested in civilizations and historical tipping point.
Daniel Hood [00:47:59] And I think that the party is only getting started. Right. So, yeah, I think, you know, I mean, like I said, and that’s why on my LinkedIn profile I have kind of the Titanic and the Ark, right? So what we’re trying to find out is, okay, who’s the Titanic? Where’s the ark? Right. There’s two beautiful ships.
Stuart Turley [00:48:20] Great point.
Daniel Hood [00:48:21] Right? Yeah. So, you know, imagine you’re at the port, you’ve got this kind of wooden boat and you’ve got the Titanic. Let’s be honest, most of us would get on the Titanic, right? And this invincible, unsinkable ship and get some comments made maiden voyage. And then later, even 100 years later, the Titan then implodes as it’s going down so no lessons were learned. And that’s why history is because.
Stuart Turley [00:48:46] In understanding God, because the ark was God influenced. I mean, there is the difference right there. The Titanic was man in Florence and the Ark. You know, when God told Noah hey Noah Go build the Arc.
Daniel Hood [00:49:04] Like, so so what’s interesting, you know I, I mean my my grandparents were Church of England but my, you know, my dad he, he was atheist right. He said you know like after World War One baby boom, you know, like we got it all figured out. You know, someone must be like, it’s all a load of rubbish don’t worry about it. Fine.
Daniel Hood [00:49:23] And I think that, you know, a lot of people are kind of just starting to say, Hey, you know what? Maybe there’s a lot of wisdom in these old books and, you know, if we just kind of open them up and you start to read about and learn about human nature and you say, Wow, these things have happened before.
Daniel Hood [00:49:37] And so that’s why I use this kind of analogy, because I think there’s a lot of wisdom I call it. There’s a difference between liberal logic and biblical wisdom, right? You know, I have a problem with liberal logic and that, you know, Thomas Cole kind of alluded to, you know, he was a very famous English American painter of 19th century, and he actually painted the course of. Right. Remember these oil all on canvas paintings they’re beautiful pictures in New York, in Manhattan, I think are.
Daniel Hood [00:50:05] And then he basically saw what I what we study, what we talk about in books he actually painted this out the course of empire these days. So you can imagine that, you know, America in its ascendancy, no one was thinking about kind of the fall of civilizations you guys were saying, hey, now it’s all turn in the sun, we’re rising you take the British out you declared independence and rights in 1776.
Daniel Hood [00:50:31] But, you know, you guys kind of have been a representative, you know, kind of republic, a democracy for, you know, coming up to, what, 247 years, Right. 1776, 20, 23, 247 years. So if you start to study kind of some of these cycles theories, you can get some really, really powerful predictions of what may be about to happen. It’s not ordained, right? It’s not we’re not we’re not saying.
Daniel Hood [00:50:59] And that’s the key. It’s never ordained. It’s you know, sometimes, you know, you kind of read these history books and you go back and you almost feel like a bit of a spectator. Right. So you just Oh, yeah. Everybody make these same mistakes repeatedly over and over again. So there are so many different dimensions that we can go down. And but energy is a big, big one that needs to be very careful. We if we get it wrong with energy, as you know, and it we the ramifications of that is the way.
Stuart Turley [00:51:29] I get things. We’re just about out of time that I want you back. I want to finish our conversation. I’m enjoying this way too much and makes it cool. I think there’s is going to be fabulous for our general listeners and everything else.
Stuart Turley [00:51:48] You brought up a domestic point with inflation, the Fed trying to solve it in my opinion. Everybody’s saying you’re got to raise the interest rates in order to try to solve inflation. You have the jobs our jobs numbers in the US is is very low. Well, there’s an abnormal number of people having to have to job and because they have jobs is giving a false number.
Stuart Turley [00:52:14] I believe and my personal opinion, the only way that we can solve the inflation issue is to get energy under control. The only way that we can do that and in lowering the interest rate, stimulate business, lower taxes and then and and really price out and get the lowest kilowatt per hour, as you and I just before the show, lowest kilowatt per hour to all people on the planet to eliminate energy poverty and it has to be the least amount of impact on the environment with the no printing of money. Well, I think we ought to use renewable. We can’t print money. We got to let the markets decide. So all that being said, I think that we are in trouble.
Daniel Hood [00:53:06] Yeah, it’s it’s it. Look, you know, you guys, I mean, America is the largest debtor nation in the history of the world, right? And Britain is also an enormous we used to be creditor nation, right? And now the rise of reverse. Okay.
Daniel Hood [00:53:22] So, you know, China also has its own problems I mean, they you know, we have this whole dimension with China and, you know, I think that where there is an enormous amount of global debt and I think that at its heart is I agree with you, we have a serious energy problem.
Stuart Turley [00:53:40] Right.
Daniel Hood [00:53:41] And it’s getting worse and worse and worse because we have to find ever greater if the population, the world population is growing. We’ve got to find more and more energy. It’s got to be cheap, it’s got to be easy access. And, you know, we cannot defy the laws of physics, right? We are bound by the availability of energy resources.
Daniel Hood [00:54:03] So I think the most important lesson, it’s a problem. The civilization cycle is a huge problem because our temperamental set point as a species is very low. We want to be hunter gatherer. That’s our default setting. And it doesn’t take much of an environmental kind of shake up to send us flying back in the wrong direction.
Stuart Turley [00:54:21] Oh yeah.
Daniel Hood [00:54:21] Problem is, the problem with that is if we go back towards hunter gatherer direction to travel, you know, unfortunately we don’t have the brainpower that we need to handle incredible complexity. We need smart scientists, engineers and business innovators, entrepreneurs. Right. So anything that undermines, you know, unfortunately, we’re not going to be able to maintain civilization setting on the Internet, Social media influences that ain’t going to cut it, right?
Daniel Hood [00:54:46] So it’s a double whammy we have an energy challenge, energy crisis we have a debt crisis. It’s a triple whammy and we also have this kind of cycling phenomenon. So. Well, isn’t it? The next couple of decades, I think are going to be insane things are going to manifest, and I’m not smart enough to predict how things are going to unfold and what I can say there’s a difference between hope and faith and optimism Spangler Cold optimism.
Daniel Hood [00:55:17] Spangler used to mock this idea of being optimistic he actually called optimism and how it cowardice. It’s just basically another way of cowardice, right? Hope and faith is different. I think that we need to be anchored in reality. We need to accept and to kind of face these problems head on. And we need a heck of a lot of hope and faith, which is where maybe the old religious books are quite useful.
Daniel Hood [00:55:42] So instead of being atheistic, maybe it’s better to be agnostic and just be open minded. You know, you don’t have to kind of return to the Bible, but just be. I think it’s always good to be open minded. Remember at the beginning to have a space of the brain and just kind of step out of this kind of cocoon, a mental cocoon or mental prison.
Daniel Hood [00:56:02] So I am a big you know, we need clean technology, but it really it’s just it we need to find, you know, kind of, like I said, these energy sources that that, you know, if we can I mean, if we can find an energy source that surpasses the energy dense, rich fossil fuels we’ve been used to, it’s the Holy Grail. Right. Right. That’s the question. That’s the genuine question is can we do better than fossil fuels? And so we’re going to that question will be answered, I think, soon.
Stuart Turley [00:56:36] Daniel, thank you so much for stopping by the Podcast. I have about another 6 hours to talk to you about and I’d love to have you back next month and kind of pick up our conversation. How do people contact you and what are the kinds of things that people can use you as a resource?
Daniel Hood [00:56:55] Right. So and right now I’m just on I use LinkedIn quite a lot. I think there’s quite kind of good standard of kind of people on on that network and that’s about the only social media that I do. Okay. So if you have a look at me that, you know, to just kind of put put Lincoln in there and just, you know, join the network I call it the network. You know, we kind of look at we’re looking at past, present, future and trying to make sense of it. It’s a great crowd. It’s people from all over the world, all different cultures. So, you know, we’re just trying to get to the truth of things. Right. And so that’s why you’ll find me on LinkedIn.
Stuart Turley [00:57:32] Fantastic. We’ll have that in the show notes and I hope you can come back soon, because I’ve got about another hour to talk to you on everything else because I’m not done with you. Sorry about that, but I just thoroughly enjoyed our conversation so thank you very much.
Daniel Hood [00:57:49] Thank you for having me.
