Peter St Onge Podcast Ep 154 Weekly Roundup: $1.5 Trillion in Welfare Fraud
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Jan 5, 2026 This week dives into the staggering $1.5 trillion in welfare fraud, revealing shocking details on COVID-era scams. It also explores silver's impressive 11% jump and the potential shortage driven by China's export restrictions. The discussion highlights how mass migration is reshuffling labor markets, creating shortages in high-skill jobs while over-supplying low-skill positions. Looking forward, insights into economic trends for 2026 and the impact of AI on jobs add to the rich tapestry of topics discussed.
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Silver Supply Squeeze Meets AI Demand
- Silver's rally is driven by China export limits plus booming industrial demand from AI, EVs, and solar projects.
- Above-ground inventories plunged and new mines can't be built fast enough, creating a genuine supply squeeze.
Migration Rearranges Labor Shortages
- Immigration reshuffles labor shortages rather than filling them, creating surpluses in low-skill work and shortages in high-skill roles.
- Economically beneficial immigration requires cherry-picking top-tier skilled migrants, not mass low-skill flows.
2025 As A Year Of Exposure And Political Shift
- Peter St Onge argues 2025 exposed widespread government corruption and fraud, energizing public outrage and political change.
- These revelations, combined with free-speech shifts, changed media dynamics and political awareness nationwide.