The speaker believes that the administration's military actions are causing a massive economic crisis by disrupting global trade, spiking fuel prices, and misallocating domestic financial resources.

“We've snapped the thin ACL of the global economy with no clear plan to surgically repair it.”

The Iranian seizure of the Strait of Hormuz is strangling the global economy by disrupting the transit of oil and fertilizer.

“But Iran is maintaining control of the Strait of Hormuz and so long as they are able to strangle the oil and the fertilizer that used to go through the Strait of Hormuz, they're strangling the global economy.”