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Summary
➡ The text discusses the deep-seated ethnic and religious conflicts in various regions, including Europe and the Middle East, and how these conflicts impact international relations and politics. It also highlights the role of the internet in forcing assimilation and communication across different cultures, despite the current chaos. The text further explores the personal biases of leaders and their potential to incite wars. Lastly, it emphasizes that wars rooted in religious differences, like the ongoing conflict between Israel and Iran, are difficult to resolve due to the deep hatred between the factions.
➡ The text discusses the complex political and economic issues in the Middle East and Europe, highlighting the role of religious extremism, neocons, and economic policies. It suggests that these factors contribute to conflicts and unrest, and criticizes the lack of communication between leaders. The text also discusses the potential for Alberta, Canada to separate due to dissatisfaction with current leadership and policies. Lastly, it touches on the impact of environmental policies on industries like oil and mining, and the potential consequences for workers.
➡ The text discusses a new product that comes in various forms and has numerous benefits, including promoting hair growth and reducing wrinkles. It also delves into the history of the U.S. economy, highlighting key events like the creation of the Federal Reserve and its role in managing financial crises. The text criticizes the government’s repeated mistakes and the misunderstanding of the world economy’s complexity. It ends by questioning the economy’s future based on past wars and reactions.
➡ The speaker advises against investing in Europe due to potential war and strict financial controls, including limits on cash withdrawals and the cancellation of currency. They highlight the reliability of the U.S. dollar, which has never been cancelled, and the strength of the U.S. economy, which is consumer-based and larger than all of Europe combined. The speaker also discusses potential geopolitical conflicts involving Israel, Iran, Russia, China, and Ukraine, and their potential impact on global economies.
➡ The speaker was called to China during its transition from communism to capitalism due to his expertise. He observed China’s learning process, including understanding market dynamics and pricing. He also noted the cultural differences between East and West, particularly in negotiation styles and the concept of ‘loss of face’. The speaker also discussed the inherent flaws in centralized government, citing historical examples and his own experiences with various governments.
➡ The speaker discusses their experiences advising governments on financial matters, particularly the British government’s decision to keep the pound out of the euro. They highlight the challenges of overvaluing currencies and the consequences of such decisions, using George Soros’ success as an example. The speaker also criticizes governments for not listening to expert advice and for their inability to retain experience. They conclude by discussing the global shift in political attitudes, with people becoming increasingly dissatisfied with their governments.
➡ The text discusses various political and economic issues, including the Pentagon’s audit failures, the misuse of stimulus checks, and the controversy surrounding cryptocurrency. It also delves into international relations, touching on the actions of the CIA, Israel’s strategic moves, and the consequences of regime changes in the Middle East. The speaker expresses concern about the potential fallout if the U.S. loses its global power and suggests that internal change, rather than external interference, is the best way to effect change in countries like Iran.
➡ Socrates, an artificial intelligence computer, monitors global activities and predicts future events, including economic collapses and wars. It’s used by various institutions, pension funds, and multinational companies. For instance, it accurately predicted the civil war in Lebanon and the collapse of Russia’s economy. Currently, it forecasts a more serious global war in 2026-2027.
Transcript
And I like Masterpiece. That’s the company I endorse. Why? Because they’re the only company out there that’s actually doing trials to prove to you that their product works. It removes graphene oxide, it removes aluminum, it removes microplastics and all sorts of toxins. You can try yours today as well by going sarahwestell.com under shop or with the link below. Welcome business game changers. I’m Sarah Westall. I have Martin Armstrong. The trader slash economist has worked with pretty much every major government around the world and has this Socrates program which he predicts what different markets and currencies are going to do and what kind of unrest is going to happen around.
He put, he has all these markers that he feeds into his program to figure out where, where the chaos is happening and what’s, you know, where unrest is going to happen, what’s going to happen with the currencies. And so we talk in this show about the underlying wars and how that’s going to affect us and the economies. And one of his predictions is that in 2026, this, you know, war is going to break out in a more global fashion. It’s just not going to be isolated. He says that there’s pretty much a zero chance that the Iran, Israel cease fire is going to hold and that along with Ukraine is going to break into broader conflict.
Because, you know, Israel, you know, of course Israel is US ally and NATO and then Iran is China and Russia. And it’s really going to be kind of the west against the East. And this has been brewing for a long time. And we talk about the neocons and how that’s what they want. And he talks about memos. He saw the memos personally from NATO and what their plans are, and it’s not. It’s he’s smart. So it’s a good conversation. It’s kind of sobering but it’s good to know so you can make decisions for you and your family.
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So if you are interested in getting this go to neme skincare.com use my code SARAH and you will save 10%. You can also save by doing a subscription and then you save more by doing a bundle and you can add those all together. I think you can get a maximum of 25 savings that’s pretty good off of your order by doing a subscription in a bundle and then remember to use my code Sarah to save 10%. Okay. Mimi Nimi skincare.com okay, let’s get into this sobering but interesting conversation with Martin Armstrong. Hi Marty. Welcome to the program.
Well, thank you for inviting me. Well, I’m really looking forward to having an objective, zoomed out perspective on what’s really going on in this chaos because I think so many, so many people are kind of losing the forest in the trees on what’s really happening. And it’s important for us to be rational and look at this from a larger perspective to make decisions for yourself and your family. Right. And not to get swept up into this chaos and just add to it. But what do you see? We talked a little bit before that so much of what we’re seeing is really tied to the global economy resetting and the power shifts that are going on because of that.
Can you put that into context for us when we’re talking about Israel, Iran, Ukraine and kind of what this whole war drums are, China, Russia. Yeah, it’s whenever you get into these, what we call a sovereign debt cycle, basically, historically, you know, they have. And this is not just us. I know a lot of people say, oh, $. These are, you know, the dollarization, all this nonsense. It is basically every country since World War II, they just borrow with no intention of paying anything back. Historically, this always leads to a major default because what happens is as you’re rolling this debt constantly, you can do it.
The empirical level of the debt doesn’t matter. You’ll be 50 quadrillion. The real issue is when the interest expenditures start crowding out everything else. In the United States, we have a trillion dollars going out in interest right now. I mean that back when Ronald Reagan came to power, the national debt was 1 trillion. So it’s really getting out of hand. In Canada, the interest expenditures are starting to exceed health care. Actually, some of the worst countries are Brazil. Interest is almost 9% of the total, you know, GDP of the country. You have Japan in trouble. Europe is, is honestly it’s a basket case.
And this is why they instead of reforming. I know Klaus Schwab and the two of us have been on both sides, you know, on the opposite side table for a long time. When he says you’ll own nothing and be happy, his argument is to def, you know, the governments are going to default. But that statement makes it sound like I’m doing it for you because you’re in trouble. When it’s really the government, all right, if they default, there goes all the pension funds, you know, you name it, everything’s down the tubes. All right, so historically, what happens, they will either storm all the parliaments with pitchforks and drag the politicians out, or the typical response is they need an external enemy.
And so you have Europe basically, you know, Putin, Putin, Putin, all this stuff. Israel. You just had a no confidence vote on Netanyahu. His polls among the people were down to like 29%, and he only won the no coffins vote. Vote by. By two. That was it. And I can tell you that he went to school in Philadelphia. A lot of people don’t seem to know, and his father taught there in. At Penn, and so did Bill Kristol’s, and he used to hang out with Bill Kristol’s family and tell us who. Bill Kristol. Yeah, go ahead.
It was Bill Kristol’s father who started the neocon movement. Irving. All right. I knew Bill. He even spoke at one of our conferences back in the 90s. And, you know, this idea that they have is just kind of. It’s off the wall. But he told me back then, oh, if we took out Saddam Hussein, Assad and Gaddafi will bring peace to the Middle East. I said, you’re out of your mind. I said, you’ve never been there. I mean, this is. It’s tribal. They don’t see themselves as all Syrian or Iraqi. You have. It’s Sunni versus Shiite versus Kurd.
You had the same problem in Yugoslavia. Czechoslovakia, it broke up into Czech Republic and Slovakia. You know, I mean, it’s. That whole area of the Balkans is very ethnic diverse. You know, and it would even made that whole region worse is that the Ottoman Empire had conquered it at one time. So on top of the ethnic stuff, you have Islam, you have Orthodox Christian, you have Jews there, and you have Western Catholicism. And they all hate each other. And that’s the issue. They all hate each other. Yeah, it’s. Look, I can tell you I had two employees in Ukraine, one in Kiev, one in Donetsk.
Are. We got offices around the world, and we had a conference in. In Athens, and the one from Kiev refused to fly home the quickest way because it stopped in Moscow, you know, and no, she had to go, you know, almost an extra day in traveling. Oh, just not this stop in Moscow. Did you have to do that with her then? Oh, no, no. We had a lot of people there. Okay. I was gonna say. I’m not doing that. Knock yourself out. Yeah. Yeah. That’s basically it. But it. This is the way it really is over there.
You know, I. I’ve been to Athens when Merkel refused to bail out the Greek banks, and they were dressed up in Nazis protesting down the street. Remember what they did to us. And Stu, they live on. And I would suggest if I had watched a documentary on FDR and he could not get us into World War II, Americans were very isolationist because everybody that came here largely from Europe was to get away from that stuff, right? And the documentary I watched, he was doing a speech in Boston trying to justify sending troops to get into World War II.
And that’s mostly Irish. And they said, you really expect us to go over there, defend the British after what they did to us in Ireland? And that’s why it took, you know, Pearl harbor to get World War II. He could not, you know, get us in. Congress would never issue a declaration of war. These hatreds go back a long time. I mean, go to Britain. They still call Catholics a pape. And that’s from the Civil War of 1649. Isn’t that crazy? I think what I. When they were forming the euro, they came to me and I met with them all and I said, you know, and.
And they wrongly were thinking that a single currency would unite everything. I said, that’s not it. I said, you don’t understand what made America great. I said, it was discrimination. Oh, how can you say that? I said, because it was fair. Whoever was. Was the last off the boat was discriminated against until they spoke English so they could get a job. And then this next generation, you ask an American, what are you Go, oh, I’m half Irish, half German, whatever. But you don’t see that over there. And it’s the languages that tend to keep people apart.
It was, it was a simulation is essentially what you’re saying is that everybody had to assimilate and we, for. It was a. And. And embrace the culture here, learn the language and assimilate so they can work. And. And that’s why. Yes. Yeah. It. The next generation, everybody intermarried, you know. Yeah, yeah, yeah. So you don’t see that in Europe very often. I mean, there’s always exceptions, but I’m sure if a French girl brought home a German boyfriend, the father’s gonna say, you do know what they did to us, you know? Well, but do you think the Internet is creating that assimilation? I think it’s forcing a simulation and it’s creating a lot of the chaos right now.
I think as ugly as this is, the communication that it’s forcing across different cultures is going to help long term. It’s ugly right now. I think it will Help long term, Yes. I mean, we’ve got clients everywhere. I mean, you know, we do conferences. They’re streaming in 37 countries. So there’s an awful lot of people with the same mindset, maybe different cultures, whatever. Among our staff, we have everybody from Hindus, you know, Islam, you know, we’re. We’re basically like a mini UN in that way. We have people from so many different countries, and everybody gets along.
But if you’re not an extremist and you’re just trying to take care of your business and live your life, you can get along with anybody. Pretty much. Pretty much, yes. It’s. Most of this seems to be this. This hatred. And you take Zelensky. I actually have video of him before he was president, and you can look at it on my site. And he. There he is, standing up as a comedian, making jokes about confiscating the assets of Russians and Jews. He married a Christian girl. His children are baptized. All right, Only after he becomes president. Oh, I’m Jewish.
How about that? And I have friends in Israel. And they go, he’s no Jew, you know, but the reason he did that was because he was part of the new, you know, neo Nazi movement in Ukraine. That’s why he hates Russians so much. You have three people in the Biden administration that really egged this war on. Victoria Nuland, you have Garland, and you have Blinken. All three claim their heritage to that region, and all three claim that Russia persecuted their families and they can’t forget about it. And so isn’t that a problem when a leader comes into power or people come into power and they have that hatred with them? It’s.
The best leaders are the ones who don’t. That are objectively not hating any group for any reason. And you get a leader who has that baggage, and next thing you know, we’re in wars and all sorts of things. Yeah, look, you got Kayla’s. Who’s the, you know, was the former president or former PM of how she’s like head of foreign security for the eu. She’s actually came out and said two outrageous things. One, if Trump talks to Putin, we don’t care what he says, we’re not going to honor it. And two, she came out and said that Russia is too big, it needs to be broken up.
Now, what if Putin said, well, you know, the use. Too big, it should be broken up or United States, we wouldn’t like that. John McCain. Yeah. No, it. The press would be all over it. You know, for. For my dad, you had Victoria Newland Handing out sandwiches over there. And you had John McCain on the stage saying, overthrow your government. We’re with you. I mean, can you imagine if one of Putin’s men was on the steps of. Of Capitol Hill, overthrow your government, were with you? I mean, it would not go over well. No, no. I mean, the.
These neocons have been in. Really seized control of our foreign policy, and it’s all been this very vindictive stuff. You can look on YouTube. Robert McNamara, he was the neocon that took us into Vietnam. And before he died, he, you know, he wrote a book, and, you know, you can see his video. He apologized. 58,000Americans died and God knows how many other people. And he said, we were wrong. We thought Russia was involved. It was just a civil war. Very nice. You were wrong. 58,000Americans died because you were wrong. And this, I mean, weapons of mass destruction, they knew they didn’t exist.
That was part of the whole. You know, Bill Crystal even wrote the book to justify. To go into Iran. You can get that on Amazon. So I’m not talking out of speculation. I’ve actually had dinner with these people. So you look in their eyes and you do not. Not see a warm light. Yeah. It is interesting when, when I, you know, I’ve had dinner with some people who are pretty extreme, too, and it’s a. It’s an interesting conversation because you can’t. They truly believe this stuff to a. It’s. It’s kind of scary. So when we look at.
It’s not just kind of. It is when we look at Israel and Iran, one of the things that you wrote in your last article is there’s. Most people believe there’s pretty much a zero likelihood that the ceasefire will hold. Yeah. You know, Michael Yan said, once a war starts it, the, you know, the. Everything’s out of the can is open, and it’s very hard to stop it, and it takes a life of its own. And I think you’re saying the same thing. Yes. Look, this is not a war of, like, over a border. Okay? I’ll give you this.
You give me that. All right? This is a war with both sides hate each other. You know, and it’s, It’s. It’s a issue of religion. So this is comparable to the Protestant Reformation, all right? There is no negotiation. You know, you’re talking about two religious philosophies. And it just ended up in civil wars until everybody’s done fighting. And then they, they split. I mean, I was in, in Germany, in Bavaria, and they said, oh, tomorrow is a holiday. I said, what’s the holiday? Oh, we won the war. And I’m like, well, which war are we talking about? We bought, you know, we, we beat Prussia because Bavaria is Catholic and the north is Protestant Prussia.
So there was a civil war over that. And so these, you know, and both sides still have their religion. They haven’t changed, you know, so I don’t see that here in the Middle East. This is. I know a lot of people think, oh, well, I’ve heard, well, maybe they should really assassinate the, the Supreme Leader. I said, really? I said, you’re going to turn him into a martyr. And because this is religion, all right, this is going to spill over into civil unrest in Europe and Homeland Security come out and said, you know, be careful about terrorist attack in the United States because they’re sleeper cells.
So, I mean, you’re talking about a religious issue here. It’s not fighting over borders. Israel wanted to basically topple the government. And the problem with these neocons is that they have no understanding of history or the ramifications of their own actions. That’s a big point. Yeah. I mean, like, they took out Saddam Hussein. And you can look at Tony Blair’s apology also on YouTube. He said, we thought we were freeing them from Saddam Hussein. We didn’t realize we were subjecting them to more sectarian violence. That’s right. And that’s continuous, though, right? I mean, they keep doing that.
And I think what’s happening now with Israel is they’re going too far and the world is, is seeing it, because if you’re not part of those religious extremists and you’re just kind of an observer from the outside, people are thinking it’s too extreme and they don’t like it, and they’re good. And the world is turning against them right now, and it’s, it’s becoming pretty serious. And you’re saying, and correct me if I’m wrong, that the neocons, the, the, the economic people who, who are wanting to reset the economy, you know, the world economy. Is it on both sides? Yeah.
Look, I believe that the no confidence vote was a serious issue, that if, if Netanyahu lost, then the neocons lost the power to do this. So that’s why he suddenly attacks the day after. It’s, it’s more or less. And his polls are down so bad. So this is, is not the Israeli people. This is basically this group. And this same group is, is behind Ukraine. And I can, I can tell you, because I was in D.C. when Gorbachev made his speech, etc, and I was doing some work for the, on the economic side for the Reagan administration and Ronald Reagan wanted to go meet with them and the new cons, they, they couldn’t call Gorbachev a communist anymore.
So they said, oh, you shouldn’t go meet with him. You, you can never trust the Russian. So it turned from communism to this racism thing, I guess, and he went anyhow, if he didn’t go, the Berlin Wall wouldn’t fall. All right, so, but you know, knowing these people, I can say that rule book number, you know, number one and is never talk to the enemy. They tried that with Reagan and he didn’t listen. Now just look at Europe. Every head of state has refused to speak to Putin. Why? Because if they do, maybe there might be peace.
So you instruct them never to talk. That’s why they all got very angry at Trump. How dare you talk to Putin. Well, maybe not as many people are going to die, you know, if we don’t start communicating. It’s getting so extreme that a lot of people are going to die. Yeah, I mean this is. Look, Europe is deliberately trying to create World War III because otherwise the EU is going to collapse. When they were creating the euro, they came to me, I sat down, I said, all right, fine, this is how we create a currency. And I said, we have to consolidate the debt.
And Hermit Cole was the chancellor of Germany at the time. And the German people had lost the a lot. I mean, they lost the right to vote. Cole admitted before he died that he acted like a dictator. He took Germany in to the euro and people were never allowed to vote on it. And his consolidation was, all right, fine, no consolidation of the debt. So I warned this is not going to work. You know, this is. We have 50 states, a single currency, but every state pays different interest rate according to their credit rating. That’s Europe, okay? That’s why the euro has never been able to compete with the dollar.
If I’m a fund manager, I can pick up the phone, say buy me $10 billion worth of u S Treasuries. I can’t do that with Europe. I still have to make the same decision as if the euro didn’t exist. Should I buy Deutsche mark? I mean, Germany it, you know, you still have to make the same decision. So it’s a nightmare though, right? Then it’s a nightmare because it’s like a euro and decisions and. But it doesn’t work as a single unit. Even though it is a single unit. If you look back at 2010 when Greece got into trouble, immediately there was started a contagion.
It says, okay, who’s next? Oh, Spain. You know, the problem here is one EU country gets in trouble, it creates a contagion and spreads to all the others. The central banks are in extreme danger because we have, you know, our, our banks have as a reserve, federal treasuries, not state. Okay, so over there, there is none. So they have a little bit of everybody. So one goes down, you start taking down the banking system. So how does war help the economic situation? I mean, I know that war changes the power dynamics, but how does it help the central bankers? It’s not really the central bankers at this point, it’s really the, the politicians.
Because the default comes when you’re in these Ponzi schemes. You can keep it going as long as you can sell the new debt to pay off the old. When nobody’s in line anymore to buy the new debt, you can’t pay off the old and the whole thing comes down. But how does the war help them? Just diverts people’s attention. Exactly. When, when you cannot just look at Carney in, in Canada. Yeah, he ran against Trump. Oh, it’s Trump. Trump, Trump. He didn’t mention anything about the domestic problems. Isn’t that crazy that the Canadians, I gotta ask you, he tricked the Canadians to vote for him because of their dislike for Trump instead of really what was going on.
And then Trump played into it by doing that state thing, which I wish you wouldn’t have done. And so then the Canadians were duped to get a central banker that wants to get rid of their power to even control their own budgets. Oh, yeah, it’s. I understand what Trump was saying about the 51st state stuff, but I mean, since the 1700s, there have been many times back and forth about Canada joining the United States. This is not something new. And the same thing with Greenland. I, I had been in, I started in computers and back then RCA had all the installations from the government after World War II.
And then they were selling their computer division to IBM, which was really a typewriter company back then. And so they were keeping the government contracts. And so I wasn’t married, so I was the young kid on the, on the block. And the married guys were getting offered, you know, London, Paris, Hawaii. I was offered Thule, Greenland, Guam or Vietnam. And back then it was top secret. You couldn’t even talk about it. It was. But Thule is where NORAD is basically and monitors the top of the globe for any missiles from Russia, you know. Etc. And you know I.
I’ve just recently been up to. To Alberta and Canada and they are pushing very hard to separate from Canada. Mainly because Carney is. Was one of the drafters with the. You know, Klaus Schwab’s operation in Edinburgh for the net zero policy. He’s the one that notoriously at Jackson Hole, Wyoming, the central bank. He gave the speech saying that he wanted to go around governments based on carbon credits to determine budgets. Yeah, yeah, he’s the one that said it. And then they elect them. This is why Alberta I. I think has got more than a 50, 50 shot of separating and maybe the whole west.
I was just up there a few weeks ago and the polls are about 60% to get out. Wow. So they, they see it mainly because. Yeah. I mean they. Alberta is. Produces all the oil. It’s a cattle rich area. Mining and everything. You know from that they do, they basically say hurts the environment and they want to shut it down. So what. You know, get on, go on welfare, no longer work. And I mean this is, you know they’re asking people to give up their entire jobs. I mean that’s it. I mean it doesn’t work, right? I mean what are you gonna do? It’s like Covid, where all everybody just had to stop working.
Well, I can’t stop working. I. What are you. Are you gonna give me a paycheck? No. Well then I gotta open my business up. Just a short break to share with you an amazing peptide. This one is ghk cu. This is one of the best anti aging peptides on the market, period. As far as what they’re finding. This comes in a spray, a nasal spray. It comes in an injectable. And why I like this so much is it also comes in a capsule form. So this is a really great option for you. If you do not want the injection, I use the injectable.
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This one is an amazing anti aging peptide. So remember, garlic, ghk cu. And remember to use the coupon code Sarah to save 10%. Okay, back to the program. I actually have firsthand knowledge. I can tell you that Klaus Schwab was calling people about three months before anybody heard the word Covid saying a virus was coming. It was all staged largely for climate change. He initially even put out a video and then took it down. Tell us how wonderful it was, how quiet it was in the world because everybody was locked down. It was all about. Yeah, look, it’s, this is part of the problem with these people in general, the neocons as well.
And they look at this as, you know, they don’t understand the complexity of the world economy, that we’re really all connected and. That’s right. They try to always do this nonsense that, you know, that a single, you know, if we just do this, we’ll fix everything. You know, it’s like one size fits all or something. And I mean that’s, it’s linear analysis. It’s the climate change. Oh, went up one degree this year. So it’s going to continue forever. We’re all going to be dead in 50 years. I mean, this is the way they, they pull out.
They don’t understand that all the. Yeah, that’s a great way to look. Yeah, they just, they’re so like, I call it mulling. I mean like you’re just mowing a hole in the dirt instead of understanding what’s going on. Yeah, look, the United States was virtually bankrupt in 1896. It’s when J.P. morgan had to lend the Treasury $100 million in gold to bail it out. We go from virtually bankrupt then to after World War I, we become the financial capital of the world. By end of World War II, we end up with 76% of the world gold reserves.
But wasn’t that plan though too? I mean, starting with the Federal Reserve being created and the World War I, World War II, each time the dollar became more of a dominant currency. And World War II is what really secured it. Part of, I mean, there’s always multiple agendas going on, but part of the neocons back then’s agenda was to create this dominant currency. Now I think you’re giving them too much credit. That’s fair, That’s. No, that’s fair. But that’s what happened. That was a result of it. So when you, when you reverse engineering, it looks like they could have done that, but you’re probably right.
That’s True. I’d like your assessment better over the years. I mean, I’ve been called into virtually every financial crisis since. The first one was 1974 when Franklin National bank, which started MasterCard, went down on a currency loss. The Italian lira moved by 10% and it took the bank down every single time. I’ve been called in on all these things and after doing it for a long time, I can. This is my assessment. You, your parents probably told you don’t stick your finger in that flame of a candle, it’s going to hurt. You still did it, all right? You’re not going to do it again because now you know it hurts.
All right, you didn’t listen to your parents. Government is incapable of that because you’re dealing with administrations change constantly. And so they all come in and they don’t know and they make the very same mistakes over and over and over again. But central bankers don’t change to the same. And the owners of the central bank, they, the big bankers don’t change like the governments do now. But that’s also a lot of a conspiracy theory. All the banks, you know, the, the Federal Reserve when it was created was actually absolutely brilliant. It’s what we needed. The problem was, all right, its original design.
Why do we have 13 branches? Mainly because in the panic in 1907, they, this is how they, they mimicked what J.P. morgan did to save the country. It was in 1906, San Francisco earthquake, so that all the insurance companies were on the east coast, so the money flowed from the east to the west, created shortages in the east. And then banks failed, okay? Because there wasn’t a central bank to lend money. And what J.P. morgan did, he got all the bankers together and said, look, if we don’t bail out this one bank, they’re all going to come after us.
And it worked. He solved the 1907 panic. But. Okay, but would you say that it is good and bad in the sense that they set it up for themselves like they set it up maybe to solve those problems? And that’s what. Let me finish, finish. The original design was correct, okay? Then World War I comes. They created the Fed in 1913, World War I comes, 1914. The way the Fed was structured, it was. And not to buy government debt, it was to buy corporate debt. And what it was. And that’s where this, their lender of last resorts comes from.
All right? If a company couldn’t borrow money because the banks weren’t lending anymore, it would issue 90 day paper. The Fed would buy it. So they didn’t have to lay off employees. All right, World War I comes, Congress is the one that then changed it. They said oh look, we’re going to have to issue a lot more debt to cover this war. So they instructed the Fed to stop buying private and buy government debt. All right. Then after the Great Depression you have FDR and he changed the structure of the fed making the 13 branches irrelevant.
You can look at like on newspaper.com and just look at a newspaper from the 1920s and you’ll see every branch had a separate interest rate. So it was to balance out the capital flows domestically. Like I said about the panic in 1907. So if there was a shortage of money in one area they would be at 4%, the others would be at 3 to track money to that area. All right. When Roosevelt to get his socialistic agenda in the 1935 Banking act, he usurped everything and stuck it the Federal Reserve in Washington. All right, then what happens? They ordered the Federal Reserve again to buy U.S.
debt to during World War II to prevent the interest rates from rising. Then there was a coup in 1940, 1951 Congress again they told the Fed do this for the Korean War again. The Federal Reserve stood up and said look, enough is enough, we’re not going to do this anymore. And so they made front page headlines, broke with you know, Truman and Feds at war with the White House, etc. People blame the central banks wrongly. Why I say that is that just look at the numbers the Federal Reserve find its balance sheet. Oh, it’s quantitative easing.
Not really. They’re just buying in 30 year debt and and swap. It’s a currency swap. That’s it. All right. The creation of money is Congress now the reason I say that. Yeah, but Congress doesn’t. Well let you finish. In the 60s you couldn’t borrow against government debt. It was illegal. If you had a knee bond, you went to the bank, it’s 100 bond, would you give me 50 bucks? Sorry, not allowed to lend on it. That’s where the theory came from that it was less inflationary to borrow than to print because it was taking money out of the system.
After 71 you went trade gold futures, you can post T bills. So all of a sudden now the money supply isn’t what the Federal Reserve creates, it’s the entire national debt because it’s fungible. All right. Worse yet, Japan, you know, has been a big owner. A third of the US national debt is held offshore. Yep. So of that trillion dollars in interest always stimulating domestic economy, sorry, 350, you know, billion dollars is going outside. You know, we’re funding China, we’re funding the world. So. Okay. To make this. I could have hours of conversations with you on this.
This would be a very interesting conversation, but so that people can get something out of this, like, practical for today. One of the things that you wrote about is what is happening to the economy based on the wars and the reactions and how do you see it going in the next six months? And obviously it depends on what happens. But what ha, what do you think is going to happen and how, what, what should people do with their, their money? Well, I would be. You want to keep your money larger domestically? Definitely do not be in Europe.
It’s in the game. Europe is pushing for war and what happens. Europe is also pushing for the digital currency. Why? Yep, because that’s a complete capital control. You have Spain and other countries now starting to follow. You’re not allowed to take out more than €3,000 from your account without government permission. So just look at the charts from World War I. What happened? They were afraid of capital flight, so they shut down. All the stock markets of Europe can’t sell like that. So just as you just saw with Israel and Jordan. What did they do? They shut down.
You couldn’t leave and you couldn’t come in. All flights were canceled? Yep. So you don’t want to be in Europe. I wouldn’t recommend going to Europe this summer for a vacation. You could get stranded, but you don’t want to have any investment over there because it’s going to get locked down as soon as the first bullet shot. That’s just what they always do. You can’t judge the world by what we do. The United States is the only currency that’s never been canceled. You can have a ten dollar bill from 1861. There’s still legal tender. I mean it’s worth a lot more than 10 bucks to a collector.
But Europe routinely cancels its currency. Even Canada canceled all its, its large domino denominator notes last just last year. It’s no longer legal tender. That’s it. You know, you know, I would have foreign currency in my, you know, so I could at least pay a taxi guy when I’m traveling around. And you get to London, oh, those are no longer good. They won’t even take them. You have to go to the central bank to exchange them. This is, this is the. Europe has been doing this routinely since World War II. Why? It’s a socialistic agenda, so you can’t have like a half a million dollars of cash stuffed in a safety deposit box.
They cancel it, now you got to bring it out. Oh, where’d you get this? Did you pay your taxes? So this is. It’s standard operating procedure over there. India canceled the high denomination notes. So this is why the US dollar is really the one of the major pillars as to why is the reserve currency. 70% of paper dollars are outside the country. People can hold them. They can trust the United States, but they cannot trust any other country. So I was, you know, traveling around when they put on the new hundred dollar bills and the US had videos playing on all international flights.
The old ones are still good. They’re not canceled. To tell everybody we’re not like the rest of the world. Well, that’s a good thing. That’s a feather in our cap. I mean, that’s really. So where do you think, if the ceasefire in Israel and Iran does not hold, where do you think that could be a flashpoint because we know that Russia and China supports Iran and we’re supporting Israel. Will Israel and Iran be proxy wars of US versus China? That’s what the neocons are trying to do. My, my concern is that China spent a lot of time building a railroad to Iran.
80% of the oil from Iran goes to China. That you take out that rail line and now you’re affecting the Chinese economy. What are they going to say? Oh, gee, how about that? Sorry, you know, I mean, look, I, I can tell you that China has already pretty much said that they’re going to be backing Russia because they know this Ukrainian war is nonsense. It’s not Ukraine. It’s NATO against Russia against Russia. And people have to understand. I’ve seen the internal memos in NATO, so I’m not speculating here. All right? We don’t need NATO. Why? All right, when communism fell, there was no reason for it.
They were the alternative to the Warsaw Pact. Okay, but when you create any kind of a government agency, any. All right, as you’re seeing with those etc, right, they will fight tooth and nail to keep the money going. What do you think of NATO setting up a base in Langley and stuff, running some of our fleets? Oh, yeah. Now this. They were trying to set it up in Asia too. They want to open our offices in Japan and, And NATO expanded. Look, this is part of the globalist agenda. That’s right. NATO is just a retirement home for the neocons.
That’s it. The internal memos I saw, they were. They were afraid of all the money Going to climate change. And I saw them and what it said, how do we remain relevant to keep the money going? They get their pensions, they get their, you know, salaries. The only way they keep it going is by constantly saying Russia wants to invade and to keep this, Israel, Iran, China, proxy, the whole thing going. And they. Their goals. It’s. We have many different agendas, right? I mean, the agendas are different depending on the group that you’re talking about. Just look at the Kosovo war.
They bombed the hell NATO invaded, bomb the hell out of Serbia. Why? Because the Serbs were pro Russia. All right? The end. The solution to Ukraine should have been the same solution to Yugoslavia, divided according to ethnic lines. You got Croatia, Serbia, Armenians. They don’t get along with each other. They hate each other. All right? In Ukraine, I can tell you, I mean, as I said, I had employees there that Crimea. They speak Russian. They’re Russians. Ethnically, 15% of the population is Tartars. There. That’s the Mongols from the invasion of 1240. They’re not Ukrainian. Zelensky has deliberately tried to create this war.
When he ran for office, he promised peace, and that’s what the people voted for. It was Victoria Nuland that started this war. They installed an interim government, and there was a leak of her phone call, you know, after the eu, and she instructed them to attack the Donbas. So it was unelected, Western installed interim government to start at the civil war, not the elected people. Zelensky will not allow an election. And the people I talk to, to put it bluntly, they said if he was on fire, they wouldn’t urinate on him until he was dead. So, okay, so that war isn’t stopping and they just won’t.
I know Trump is trying to, but it’s not. And now we have another flashpoint. He’s just trying to keep the ceasefire. But the likelihood of that, what will it do to our, the stock market and to our, our currency if this war continues? What does that do to us? Because it’s just some probably bottom out. Maybe next month then when the first bullets. What do you mean by bottom bottom out? What is that? Dollar’s been declining, okay, for nearly 30 months. And, you know, they’ve been, you know, the excuses are, oh, Trump is creating a trade war and it’s Trump, Trump, Trump.
First of all, most of this is just anti Trump propaganda. Let’s look at the facts. The capitalization of the New York Stock Exchange alone, forget NASDAQ and all the others, all right? The New York Stock Exchange by itself is greater than all the capitalization of all of Europe combined. All right. Why is the dollar also the reserve currency? Because the United States has a consumer based economy. Europe does not. All right. Europe is, follows the old 18th century mercantile model. You can look it up. The average German has less of a net worth than an Italian.
Very socialistic, oppressive over there. The United States, out of every dollar that is spent globally by a consumer, 25% comes to the United States. So all these countries have been able to rise after World War II only by selling goods to the United States. Germany’s got to sell its BMWs, Japan’s got to sell its Toyotas, et cetera. All right. And I mean this is basically what you’re really kind of looking at. I mean the US is the reserve currency. It’s got nothing to do with the Federal Reserve or all this nonsense is because largely we’ve never canceled the currency.
It’s the biggest economy. Our interest expenditures, although high, we have the largest economy. There’s still less than 2%. And people talk about the BRICs. Oh, okay, fine, very nice. So that means you’re pro Russia, pro China and Brazil. Brazil’s interest expenditures as a percent of GDP is about eight and a half percent. They’re not in good shape, you know, but you unfortunately you have a lot of this anti Trump rhetoric here and they just talk about that stuff and oh, oh, all this terrorists are going to create huge inflation. Okay, didn’t happen. You know, it. They don’t understand how the world economy even functions and no less the governments, they don’t either.
But well that’s a little scary part with socialist or communism is they have, these people have absolutely no idea what they’re talking about when it comes to economy. I mean it would, they have no clue whatsoever. Look, I, even when China became capitalistic, I was the guy who was called in. Really? Wow. Yeah, because they realized their communist. I had a. I was in China in 2019 and they realized that it’s not working guys. And you are cool talk about it. I, I went. It was during the, the Asian currency Crisis back in 1997. I was asked to go and I wanted to go see the Great Wall, you know, I said absolutely no problem.
I thought I’d have to listen to a few bureaucrats for, for an afternoon, you know, and that’s what I expected. And when I got there it was very interesting. Then I understood why they called me. The people I met running the central bank were all traders. They had sent them out to learn and they worked on the dealing desks in New York, London and Tokyo and then went back to run the bank. Then I understood why they called me instead of an academic from Harvard or something. And then the government took me to a, a facility that was surrounded by tanks back then, had three huge satellites on the roof.
And I went in and there were hundreds of people downloading everything from the Internet. And I was taken into a room and they were actually monitoring everything in the country, but they were not interfering. They were learning. And they were. Believe it or not, there were 249 varieties of tea and they were trying tracking them all. And I had to answer questions like, why is this tea selling for like a dollar here but two dollars over there? And I’d say, well, where’s it coming from? I said, here, right? First we have transportation costs. They go, oh yeah, how would they not know that? I mean, that’s a conversation because you’re talking about in communism, why it fell.
And believe I had a first front row seat to this. It’s the same thing you hear going on now. Equality. So if it was a dollar here, it had to be a dollar over there, even if it cost you 10 bucks to get it there. See that, that’s the kind of stuff that is just so obvious, but they can’t see it. It’s the linear thinking that you’re talking about. Yeah, I mean, that’s, you know, that’s how they were indoctrinated. I met people from East Germany and the, the kids were taught in school that the government is your real parent.
Yeah. If your biological parents say anything against the government, report them. It was. Stalin was more of a paranoid person, worried about everybody’s going to overthrow him. China wasn’t like that. China’s communism was what we call the Tall Poppy syndrome. They don’t care what you say to your wife. That’s your, that’s your business. But stick your head up against everybody else and try and lead something. That poppy, that tall poppy gets its head cut off. Whereas China, that was significantly different. And that is why it boomed and Russia did. Not Russia, they were worried about what you did say to your son or wife.
It got down to that level. I had one friend in East Germany that when the wall came down, his father was able to go get his Stasi file. He came back, he thought his father lost his mind. He’s punching holes in the wall and pulling out microphones. And he said in the Stasi file, everybody he thought was a friend was riding on him. Oh. And he said, after that he would never speak to anybody but family. So this is the difference. I, I didn’t see that in China. Communism, yes, but not the way it was. But they change.
But they changed the communism too to be. They call it capitalist, capitalism, communism or something where they’re investing in their businesses and encouraging entrepreneurship and really encouraging entrepreneurs. It’s a different philosophy there. Yes, they’re not. The reason they didn’t change the name is you also have to understand Asian culture. They kept the name Communist Party. The communism means the government owns everything. They don’t. Right. The reason they do that is because if they change the name of the party, they’re going to have to admit that Mao was wrong and take his picture down off of the Forbidden City.
And that would be a loss of face. Don’t do that. Interesting. Yeah. Just a short break from the program to share with you an amazing peptide to help you lose weight. It’s stronger than Ozempic and why it’s because it not only reduces your appetite but it also burns fat. These other GLP1s on the market, they do not burn fat, they just reduce your appetite. This one, retatrutide is stronger. It’s considered a next generation peptide because of that. And man, does this work. I’ve been using it for two and a half weeks and I’ve already lost 11 pounds and I cut my dose in half because I was losing weight too quickly and that kind of freaked me out to be honest.
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It is only a dollar for the first week. You can ask her any question you want and get all your answers to this. How to take an injectable and there shouldn’t be any fear in doing that. It is easy and straightforward. Go to sarah sarah wessel.com under shop or use the link below and remember to use coupon code Sarah. I mean I lived in Asia for a while so I mean you have to understand that loss of face to Them is significant. That’s why Trump, I, I basically disagreed with him and his attempted negotiations with China.
Publicly. I’m putting 200 degree, you know, terrorists on you. Whatever you don’t, you can’t deal that way in the West. I’m gonna do 200. I’ll make it a hundred. Okay. You know, it’s like a, you know, if you’ve ever been to an Iranian bazaar, they’ll start at 100 bucks. And, and if you don’t haggle, they’re insulted. Yeah. Whereas Asia, it’s not that way. I mean, even getting in a cab in Tokyo and it would say like a thousand yen or whatever, and you say, okay, fine, here’s 1100. He’d hand it back. No, that’s what you pay.
I remember we were in, we were in China and we started haggling on a, on a. Apples or something. And we were so stupid, we didn’t understand what they were saying. And we, we screwed up and we were arguing to pay more. It was really stupid. We got made fun of after. Anyways, I, I remember that was to stop, but go ahead. You have to understand that every culture is different. And that’s the whole problem. Like with Europe, you know, threatening Hungary. And it’s like, no, we don’t want these people in here. Oh, you have to accept them.
We’re telling you no, take it and shove it. Basically. You know, it’s, you know, that’s the problem with a centralized government. We saw that during the campaign when somebody at Camilla’s rally said was objecting against abortion and response was, you’re at the wrong rally. So in other words, you get in and it’s gonna be my way, not your way. That’s right. That’s. That’s regardless of which way you’re looking at it. All right? That’s not the way essentially a government is supposed to function. A government has to be there for everybody. Not it’s, you know, the whole thing, like justice.
Plato recorded a debate between Socrates and a guy named Thrasymachus and Thrasimachis over 2000 years ago nailed it. And nothing’s changed. He said, justice is the same no matter what form of government, it’s always the will of those in power. And, you know, just, I mean, look at what the Biden administration did to Trump. It’s like, come on, it’s, it’s always that way. Whoever you can’t criticize. Like, what is the quote? Whoever you can’t criticize other people that are in power. Yeah, it’s just, I mean, so people have noticed these things. I mean, for thousands of years, nothing’s changed.
Mainly because human nature is the same. And that’s why history repeats. And I’ve seen it just in my short lifespan dealing with governments everywhere. Called in, you know, to, to Switzerland, I mean, they named me. I think it was forecaster of the year or something. Foreign exchange forecast of the year. Because I said, the Swiss franc’s gonna, you know, the peg’s gonna break, met with them. I said, look, this is gonna, it’s gonna fail. Well, we think we can do this. I said, I think the odds are on my side. No country’s ever been able to, to pull this off.
It’s going to break. We think we’re going to be able to do it. Okay, fine, I leave, it breaks. You know, it’s, that’s what I mean. I’ve just seen it first hand. I advised Margaret Thatcher, kept the British pound out of the euro. They then staged a coup to get rid of her. Well, what do you think? She was smart though, right? I mean, that really helped. She was the smart artist head of state I ever met. She even spoke at one of our conferences. And so they, John Major, they took, they wanted to be part of the euro, this wonderful Disneyland idea.
And so they, there was a staging ground. It was called the European Rate Mechanism. So they took the pound in and what politicians always do, they want to pretend they’re strong. So it puts the pound in overvalued against the deutsche mark. This is what made George Soros rich. All right? He starts shorting it and then they call me in because I’m the one that told that you’re, don’t do this. And I said, look, you know, you overvalue the pound, you have to devalue. And I was told at that time that, well, we can’t because John Major ran on election promising not to devalue.
So I wrote a little paragraph. I said, fine, have him say this. We’re going to allow the pound to float, to seek its own level. They say, oh, brilliant. It’s the same thing. It’s going to go down naturally, right? It’s the market doing it instead of him doing it. Okay? And that made George Soros, you know, a billionaire. But, you know, this is what happens. I try to explain to them that when you peg a currency of that nature, it’s a guaranteed trade. I can, if I think it’s overvalued, I could sell a trillion dollars, no problem.
All right? Because if I’M wrong, I get my money back. It’s fixed. If I win, I make a shitload of money. And they don’t get this. They really don’t get it. No matter how many times, how many governments I’ve tried to explain this to. But they get it after it affects them and bites them like. Yeah, but then they crew comes in and then they have to start over. That’s why humans are constantly having problems because we’re born, we die. Yeah, no, that’s, that’s why governments are incapable of retaining any experience. Every investigation. I was called in to the 87 crash investigation and again it started.
We’re going to find the guy that shorted this market, pushed it down. And I said, excuse me, do you realize that every investigation started with those same words and nobody’s ever been found. 0723 whatever. And, but it’s always the same thing. I mean I, you know, I had written to Reagan because I had gotten called in in 85 when they were creating the G5. And that’s kind of what taught me about government because it’s more or less, gee, how do we save the world? Oh, sorry, you’re 15 lances up next, you know, and they stand up to say exactly what they wanted to say at the end of the day.
So they just pretend to be listening to these people. They’re experts and stuff and they don’t listen. When Bill Clinton was, was, when he was elected, before taking office, he had this big inviting all these people out to advise him. And I got a call, you know, want to come out? I said, no, no thanks, not interested. And I believe it was even George Stephanopoulos at the time. But this is the President Elect inviting him. I said, you’ll never do anything I say anyhow, so let’s just, you know, forget it. You know, it’s just a dog and pony show, you know, and that’s all it is.
And after 85, I had there was, I went down to Australia and the press doesn’t understand the real way things work. And so you had some left wing police journalist down there, did a whole full page article on me because I was going to go speak at a conference there for one of the brokerage houses and they said, nobody should go listen to this guy. He’s a presidential advisor to Ronald Reagan. Reagan’s done everything that he tells them to do. And so nobody should, and so nobody should go there. I called the journalist up when I get there because my staff goes, oh, you’re not going to like this.
One and I call the journalist up. I said, it’s, it’s, you know, I’m impressed. I just land here and I, I warrant a full page article. I said, it’d be nice if you actually called somebody, you know, if you want to call me a presidential advisor, there’s probably a thousand other people and to the best of my knowledge, they never did anything I ever told them to do. And. Oh, really? Yeah. And then I go to a cocktail party and somebody who’s read that accuses me of being a liar, that, oh, you worked in the White House.
And I said, if I worked in the White House, I think it, I don’t think I could deny that, you know, and. Oh, you just don’t want to admit it. You know, it’s so I, I got my taste of, you know, it’s just nonsense. But they call these people in to pretend they’re listening to people and they don’t. They just do whatever it is they wanted to do to begin with. That’s problem. When I was young, I thought, yeah, look, when I was young, I thought I could actually make a difference. And you find out you can’t.
Well, you can a little bit. I think the people who make the biggest difference are the young people who don’t know that they can’t, can’t yet. And then they end up magically doing it. Because after the years we get to a point where it’s like, well, what’s the point? We can’t make a difference. But that’s why the young people actually randomly do. Well, it gets to the point that surprisingly I just did a report, I was doing it for actually for Alberta and Canada. What percentage of the population is required to change government? And so I went through all the different revolutions, you know, back to ancient times, etc.
And I was really shocked. It’s the minority. It’s only like a few percent, right? Yeah. On average it’s less than 15%. And it, it shows that largely the majority is silent and they just go along with the flow. And I, I guess that’s the old maxim, that you can vote your way into communism, but you got to shoot your way out. You know, that’s awful. Yeah, unfortunately, it’s true. But, you know, this is pretty much it. I mean, what you’re seeing right now, stepping back and looking at this globally, all right, Trump was the basically crossing the Rubicon, so to speak, when he was elected.
It defied basically everything they were doing, you know, criminal charges, oh, nobody will respect them, blah, blah, blah. Whatever. It only validated that this is the guy who’s against them, so I will vote for him. And. But what that set in motion, just look to Europe, the AfD in Germany. Oh, they’re a bunch of Nazis. They wanted to ban the party. It’s now number one. In Britain, Nigel Farage’s Reform Party became number one. You know, Poland, Portugal. And it’s, It’s. You’re seeing it shifting pretty much everywhere. Why? Because people are fed up with their own governments.
And, I mean, I do podcasts from everywhere, from Serbia to Palermo to Asia. And I like to do them mainly because I like to hear the questions that are being asked of me. It shows me where their thinking process is. Yep. And what I’ve noticed three years ago, and if I said Europe’s gonna, you know, the EU is going to break apart. Oh, really? Now when I do it, it’s like when everybody’s just fed up because you get into these. Dick. Once they grab power. Yep. They. They go crazy. That’s right. And I mean, look at the last days of Biden’s administration puts in outlawing gas heaters for water heaters.
You know, this is. It’s all nonsense. I mean, well, they. With the Small Business Administration, you saw that where they gave out all those loans at the end, they gave out more loans without going through any kind of, you know, process to validate them. Some of these people didn’t have a business plan or anything in place, and they gave out more loans than they had in the previous whole decade. In the last month, they just took advantage, torched the place. It’s. You know, you had, I don’t know, some woman in Georgia or something that had raised only like 500 or a thousand gets a billion.
You know, I mean, it’s like, what the heck. Yeah. I mean, it’s. Look, it is when you’re looking at government, what. You know, I know a lot of people are, like, upset about Doge or whatever. It does take somebody from the outside, like Elon Musk. Like them, don’t like them, doesn’t matter. I like those. I liked what they represented and did. Whether you like Elon Musk or not, that was a good operation. Point is, is that nobody from inside government is capable of auditing themselves. I mean, the Pentagon hasn’t passed their own audit for, what, seven years in a row? I can tell you, my mother died in 2018, and they still sent her a stimulus check in 2020 for Covid.
But isn’t that. I mean, how. How can we Straight face have not. The fact that people didn’t accept Doge was really an indictment on this country. I mean, I know people didn’t like Musk, but to not want to get rid of waste, fraud and abuse. They used everything under the book. They started saying that they’re using Musk and Doge to be able to track and trace everybody when the people who knew the new that all of that stuff was already in place or that was being set up elsewhere. This was not what it was. So asinine.
Now that’s what I mean. Like what I said about NATO. You create an agency, I don’t care what it’s for, they will fight tooth and nail to keep that money coming. And that’s what we saw. And that’s what USAID was. It was. They were fight. Even though it was a big thing. CIA front fraud operation. They were, they brought out the big guns to take that down. Oh yeah, look, this is, is the CIA has been caught up in investigations of assassinating people since the 70s. You know, this isn’t something new. Look at what Netanyahu did.
Why did he attack? I think it was basically because if he didn’t and he lost, then the neocons lost their advantage. But what did he try to do? Number one, he knew he could not take out the nuclear facilities. So you’re going to fail. So what was your real objective? He basically tried to decapitate the government. It was regime change. He killed a bunch of scientists, killed the military leaders, etc. And it was finally Trump said, you know, don’t go killing because now we got China, now we’re going to ignite a bigger war. I think Israel is kind of an ally from hell.
Like we need, we have. They’re an ally because of the, the global trade, you know, the trade routes and stuff. And we need that presence and we happen to align with them, but they’re. It’s kind of like having to fight the other ward in a prison and the person who’s your, your fighting mates, the serial killer in the next cell, you know, I mean like, you gotta fight, but it really. No, I know. It’s like I said, Netanyahu is a diagonal neocon. Simple as that. It was in with Bill Crystal. I know all this stuff for a fact.
It was here in Philadelphia. I grew up in that area, all right? And I know Bill Crystal. So I mean, I know what the agenda was, what the thinking process is, and it’s always about regime change. You can also look on YouTube. General Wesley Clark. Yeah. He bumped into the same thing that I did. All right. I got it directly from Bill crystal in the 90s, after 9 11. He said in his 2007 speech, he went to the Pentagon and they told him that they were going to take out Iraq. And he said, have you connected them? They said no.
And they intended to take out seven countries. And because they were all former Russian satellites and they wanted to take out, you know, Iraq, Syria, I mean the whole nine yards. This has been the agenda. And they took out Iraq. Look in that area. Because these countries, first of all, we drew the borders, all right? We carved up the Ottoman Empire and then we stuck these dictators, you know, in power. We created that. And he needed the dictators. Why? What did Sodom, what good did Saddam Hussein actually do? He stopped them from all fighting and killing each other.
He wasn’t bad. He wasn’t. I mean, he, his standard of living in that country was the best in the Middle East. And they, we went in and bombed their whole infrastructure and now they, we decimated the place. It’s. Once you remove Tim, you got isis, you got all this crazy stuff. Like I said, you can watch Tony Blair’s apology. We thought we were freeing the people from oppression of, of Saddam and we subjected them to sectarian violence. That’s. No, I was thinking, I was, I was thinking Gaddafi, I apologize. My head had Gaddafi. Saddam is different.
Gaddafi, the same thing, but Gaddafi, who had the, the highest standard of living in Middle east. And we wouldn’t bomb their infrastructure and their. What within a week we bombed their waterways and screwed them up. And now they’re all screwed up. But anyways, keep going. I can, I can tell you, I know people that were on the investigating committee for Benghazi. Why did Hillary. And you can look it on YouTube, she refused to answer why. She’s. What’s the difference if somebody just out for a walk and to kill some Americans, Whatever. She wouldn’t answer the question why? Because they were basically using that embassy, sending in arms to overthrow Syria and Gaddafi.
That’s why it was attacked. And she didn’t want. She did not. Yeah, she was covering for it and didn’t want people to know. Yeah, but this is pretty standard. I mean, like I said, I’ve known about it since the 90s. I disagree with them, but that’s their thinking process. Well, and there is a reason that we want to maintain the, the power and the dollar. Otherwise that kind of stuff that’s happening to those people can happen to us. That’s the scary part it’s more likely to happen to us because we’re interfering in their. I know, but that’s what I mean.
So that’s why, if this power thing shifts now, suddenly we’re sitting ducks because everybody’s pissed at us. Yeah, it’s. Look, you took out Saddam Hussein and you ended up with ISIS and all kinds of crazy stuff, people beheading. What’s going to happen if you took out the, the, you know, the Supreme Leader of Iran? They would like to think, oh, well, then we’ll all turn back to where. What if it doesn’t? Well, that’s why they need to use the National Council. That’s why they need to use that national. The exile group that’s in Paris that they claim were terrorists.
They need them. They need to support it so that it happens internally and not us doing it externally. Yeah, It’s. It’s just. Look, I’ve met people from Iran that were trading markets to buy weapons to overthrow the Ayatollah to begin with, you know, so, yeah, there’s a lot of people in Iran that don’t like them. Yeah, it’s, you know, this. No matter what country you go to, you get people, they’re always, you know, against whoever’s in power, period. Yeah. But at least in this country, we can change every so often. When you get a situation where they’re in power for 30 years and nothing ever changes, that’s hard.
Well, I’ll tell you, I had. I knew Arlen Spector. He actually lived a few doors away from me on the beach. But he’s the one that came up with the magic bullet theory on the Kennedy assassination. He was a senator from Pennsylvania. He was talking about, oh, Saddam Hussein and all these people, oh, they’ve been in power for long. And I said, how long? You’ve been in the Senate about the same time. Right, that’s true. But. But they weren’t the leader of the country. No, but, But I get your point. Yeah, it’s the same. It’s the same.
Okay, my battery’s gonna run. I could talk to you for hours. And this is really fascinating. I have to have you back because you think differently and there aren’t a lot of people that think like you. And I love that I’ve just been in the middle of everything. It’s just been. Well, and you can. The difference is that you have a systems thinking. You think broader and you see all the variables that tie in, and you have a mathematics, you know, background. You’re, you’re, you think differently. I can tell. You know, we have offices everywhere from, we even have offices in China.
So I, I have to know. My father taught me a long time ago, never judge somebody else by yourself. You have to understand what they think, that’s what motivates them. That’s right. So how big is Martin Economic? How big is your company? How many people do you have? You have offices everywhere? I don’t even know anymore because I don’t do all the hiring. But you know, we have staff in Dubai, Switzerland, from India, Thailand, China, Germany. It’s every, pretty much everywhere. It’s. And there are people that have come to us because they have the same thinking process.
And what would you, what would people come to you for? Like what, where can people find you? And what would you say to people who are looking? What would you, what are your clients? What are you looking for? So if people are watching this, we have a site, armstrongeconomics.com it’s completely open source. You don’t have to put in an email to see anything. We don’t sell advertising. We try to keep it non biased and open for the entire world. And then banks and governments and corporations. We have a platform we call Socrates, which is a artificial intelligence computer which monitors the entire world.
It writes a forecasting report on over a thousand instruments all by itself every day. And who would be what, who would you be? Your client? Typical client. A lot of institutions, pension funds, multinational companies, pretty much anybody that’s been really involved in currency one way or another. Most of the intelligence communities, basically they all monitor what we say because the computer has, when I created it to create the track capital flows, I understood how money moved. Yep. We have one client who is a major bank in, in Lebanon and they asked me if they found a ledger and asked if we could build a model in the levities found.
I said sure. We stuck it in and the computer came out and said it was going to fall apart, the country would fall apart in eight days. And I thought there was something wrong with the data. I called him, I said look, there’s something’s got to be wrong with this stuff. And very commonly they asked, well, what currency does it recommend? I said, well, this Swiss franc. And eight days later the civil war began. It’s picked every war, even Russia became. I did a conference in, in London in June of 98. I stood up and said Russia is going to collapse.
I give it a little bit more in 30 days. The London Financial Times put that on the front page. Armstrong says Russia is going to collapse. That became the long term capital management crisis. The Russian bond market collapsed. What does it say now? What does it say now? It’s. It says Israel, Iran, ceasefire is not going to hold. What else does it say? Yeah, it’s. It’s showing. We’re going to go into much more serious war in 2026. Going into 2027. It’s probably going to get more of a global perspective, not just these isolated pockets. They’re all going to really connect.
And that’s the fear, right? Everything’s going to connect and that’s what the neocons want anyways. And so they’re gonna. This is gonna happen. They’ve never won a single war yet they got it. Nobody wins at a war. I mean, come on, everybody loses when you do a war. Yeah, but I mean, they didn’t even get a victory. Yeah, I. Not one. Okay, you know what, Marty, thank you so much for coming to the program. I really enjoyed this conversation. Conversation. Thank you so much. Thank you for inviting me and more people we can enlighten, the better sa.
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