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Summary
➡ The text discusses the limitations of artificial intelligence (AI), arguing that while it can perform tasks it’s programmed to do, it lacks conscious understanding. It also touches on the dangers of AI in military and police use, citing an incident where a drone mistakenly targeted civilians. The conversation then shifts to the political and economic situation in Ukraine, suggesting that the country may not survive due to various factors, including potential absorption by Russia or surrounding countries. The text also mentions the economic motivations behind attempts to conquer Russia, and the lack of benefit for Russia to take over Europe.
➡ The speaker discusses their belief that the U.S. should exit NATO and the issues in the Middle East, attributing some of the problems to Trump’s ego and his son-in-law’s relationship with Netanyahu. They predict that the Democrats will take the House and possibly the Senate, leading to potential impeachment of Trump. The speaker also discusses the lack of concern for the country’s well-being in politics, predicting civil unrest by 2028 and the fall of republics by 2032. They express hope for a shift towards direct democracy and draw parallels between current issues and the corruption in ancient Rome, particularly the debt crisis.
➡ The text discusses how historical events, like revolutions, often spread like a contagion, influencing other regions. It suggests that the European Union (EU) might break up due to dissatisfaction among its citizens, leading to a return to individual European countries. The text also mentions the possibility of regions like Alberta in Canada seeking independence. Lastly, it discusses how governments often use external enemies as a distraction from internal issues.
➡ The text discusses various political and financial issues, including the potential for new states in the U.S., the instability of the financial system, and the importance of investing in physical precious metals. It also touches on the Canadian political system, the role of judges in the U.S., and the controversial figures of Epstein and Maxwell. The text suggests that understanding these complex systems and figures is crucial for making informed decisions.
➡ The text discusses how powerful individuals and organizations often use manipulation and blackmail to control others. It mentions cases like Elliot Spritzer, who was manipulated into taking down AIG, and Epstein, who allegedly used his connections to compromise high-level people. The text also criticizes the justice system, suggesting it’s often rigged and corrupt, with prosecutors targeting big names for personal gain. Lastly, it promotes Ironhawk Financial, a company that helps people maximize their investment returns and minimize taxes.
➡ The Supreme Court, the only court established by the Constitution, now hears very few cases due to the Judiciary Act of 1925. The political climate is chaotic, with potential impeachment of Trump and a predicted panic cycle in 2027. The global economy is expected to decline, with political division and job loss as possible causes. To protect themselves, individuals are advised to be self-reliant, prepare for shortages, and be aware of the instability of the financial system.
➡ This text discusses the importance of investing in physical precious metals like gold and silver to reduce dependence on systems you don’t control. It also talks about historical events like the attack on Pearl Harbor and suggests that some people knew about the attack beforehand. The text also mentions a conference where people from around the world gather to discuss economic issues. Lastly, it discusses how changes in interest rates can affect the global economy.
➡ The speaker shares his experiences in international finance and currency forecasting, including his time in Japan and understanding their culture. He also discusses his interactions with government officials and the politics behind their decisions. He emphasizes the importance of understanding different cultures in international business and how it can impact decision-making.
➡ The speaker appreciates the interviewee’s participation in the program and looks forward to their return. They discuss an upcoming economic review show and express their learning from clients. They also mention a past conversation about a floating exchange rate as a check and balance on governments. The speaker ends by expressing gratitude and the need to speak with their daughter before the next interview.
Transcript
Welcome to Business Game Changers and the Economic Review. I have the great Martin Armstrong returning to the program. I think this is the best interview I’ve done with him. It is kind of, I think we knocked it out of the park on the topics that we’re talk going to talk about today. I think that he, he did not hold back. He’s talking about possibly, you know, he’s talking about civil unrest coming. And it, he doesn’t see Socrates, his program, his AI program, which is predicted very closely, many events in the world. He’s pretty much not been wrong.
Every war he hasn’t been wrong on. And he’s predicting civil unrest in the United States and the west, which we’re starting to see it in France. But he says it’s going to come to the United States. His Socrates is it’s kind of iffy whether we’re even going to have a 2028 election. That’s what we’re looking at, that it’s going to get pretty bumpy here. And he also talked about the western republics are likely going to fall and that 2032, we’re looking about that time frame where the republics are going to be at risk and we’re going to see a new form of government forming and it’s the world’s changing.
This is, this is a pretty intense conversation. Like I said, it’s probably my favorite that I’ve had so far with Martin Armstrong. Before I get into that, I want to remind you that you need to protect yourself, make sure that you have assets that are going to be stable during any kind of correction. I do think that you want to get into maybe, maybe a little bit of crypto for the future monetary system and maybe have some other assets. But gold and silver are the safest to hold during any kind of, you know, chaotic economic situation.
And I always invest with Miles Franklin. It’s not a bad idea to see what their prices are in comparison to what you’re already buying. Most of these other online influencers, I got to tell you the truth, you’re being charged too high of premiums and you need to look and see what are your premiums and compare it to what you should be charged. This is a commodity based business and if they’re telling you you can get $15,000 worth of free silver, you’re being overcharged. They’re, they are giving you that free silver from your premiums. They’re not giving you free silver.
It’s not how it works. So you are being overcharged on the rest of the silver that you’re buying or the gold that you’re buying. So be careful what it is that you’re purchasing and just do yourself a favor. Go to sarahwestall.com Miles Franklin send, fill out that form. If you have any questions, fill in your questions. Get yourself the private price list that’s not public and compare it to what you already have going on. And also know that you want to buy from a company that you can trust. They’re not going to scam you. They’re not going to do a bait and switch.
You are going to be buying what they tell you. They’re going to be giving you good advice. That’s what you need in these uncertain times are buying from people who don’t take advantage of you. So anyways, do that. Sarah Wessel.com Miles Franklin and then also Martin has a Armstrong Economics has a conference coming up here in December, December 4th, 5th and 6th. I’ll have a link to it below. I, I think I’m gonna go there. So I’m working on it. So you might see me there if you’re interested in seeing it as well. It’s in Orlando so you can maybe bring your family and have fun at maybe the parks or the ocean or whatever else is going on there.
So I’ll have the link to that below. And let’s get into this Fabulous. I love this conversation I had today. It’s long. My, my conversations with Martin are long. So I hope you appreciate that. Let’s get into it now with Martin Armstrong. Hi, Martin. Welcome back to the program. Well, thank you for inviting me. I love having you here. The listeners love you because you give different insights that they don’t get elsewhere. And you are, you’re covering the most important issues in the world. I mean, that’s what you cover. You look at the big picture where the capital is flowing.
I would say one of the Things that is really not giving people much confidence is it just happened this week on the White House with Elon Musk and Donald Trump talking about superintelligence. And they asked about jobs. And then Elon Musk talked about universal basic income. Universal basic high income. I, you know, that to me is very scary. People not having a job really messes things up. Right. It, you can’t just give people money. It just doesn’t work that way. But do you realistically think any government on the planet is going to give high income? Look, you have one of the Democrats out there who put in a bill, I think in June, it was to raise the minimum wage to $25 to make it livable for everybody.
They are complete idiots. You raise minimum wage to $25 and you don’t think prices will also go up in proportion. They’re linked. You can’t, you can’t simply raise wages and freeze prices. Well, how about just like the government giving everybody a universal basic high income? I mean, is remotely. I know, you know, Musk, I don’t know. And maybe because he came from South Africa or something, I mean, was indoctrinated that as a kid. But I mean, it does not work. That’s what brought down communism. It’s, you know, with why communism failed is that it did precisely what you see with these, this idea of the progressives.
Everybody will be equal. The problem is that historically they always complain about wealth concentration and disparity. Without that, no society has ever risen. Why? Because you have. Yes, there’s a wealth disparity among individuals, but there’s also between countries. They don’t talk about that one. Well, there’s also an effort disparity and there’s also an intelligence disparity, cultural talent disparity. It’s unfortunate, right? But that’s the way God made us. Yeah. Not everybody’s the same. And you don’t want to pay me $30 million to throw a football in the, you know, in the Super Bowl. You don’t want to pay me to fight Mike Tyson or whatever.
It’s. What communism did was that it reduced everybody to the same level and therefore it eliminated curiosity. And this is like the problem with AI. Okay, yes, it can be the greatest research assistant in the world. It can check and come up with sequences in DNA, but it cannot create something brand new. To do that, you need experience and curiosity. And that’s what Einstein said. Curiosity has its own purpose. Okay? Without it, we discover nothing. And when. That’s what brought down communism, that if you had an idea for a Styrofoam cup. You weren’t allowed to do it, all right? So you have to have that.
The disparity goes back to ancient times, all right? And wealth, what that does, it provides a. A capital formation base so that now you have an idea to create that styrofoam cup. Okay, I need money. Okay? You sell that idea to somebody and then they fund it. You know, the classic story was Andrew Mellon and the invention of aluminum. The guy went to his bank and said, look, I want. And he had no collateral. Mellon said to him, I am, you know, I can’t lend you the money from the bank. You have no collateral. So he said, however, I believe your idea, I will do it personally.
That’s what I mean. The disparity in wealth has existed for thousands of years. It’s even, you know what the progressives do. I mean, even in the ten Commandments, thou shalt not cover thy neighbor’s goods. So it’s been around for a long time. It’s a dark side of humanity. But do you think that we’ll be forced into a situation because we’ll not have jobs that, I mean, that’s what welfare was all about. But will we be in a situation where there be won’t be enough jobs? I mean, we’re create. I’ve told you before we started, we’re working on a project to create thousands of jobs.
I mean, maybe there’ll be more people like us that are just like, we got to get jobs created. Look, I mean, it, that takes innovation, it takes curiosity for somebody to see something that I can do. All right? AI is not going to replace everything, despite what they say it’s a great research tool, but you got to tell it what to research, okay? It’s not going to cut your hair, it’s not going to fix your car. That’s right. You know, there are certain things it just, it’s just not going to be able to do, you know, But I mean, you been in the programming thing.
I mean, when I was, it was always this idea and you can still see it now, that if we mimic the brain, create this neural net and we throw in all the data, it will suddenly become alive, right? Yep. And I mean, I was hearing that in the early 70s and I said, I just don’t see how that’s going to happen. You know, we were working, you know, you know, I was. What I did in past and working in telecom, but we were working with people who were working directly with the advanced computer center. Back in the day, in the early 90s.
And they literally doing neural nets and mapping out the brain with the computer. You know, the. What do you call them, the super server centers back. Why am I having a hard time remembering that? But that was connected to the University of Minnesota computer science department. We were working right with them. And I was working with the head of the computer science department. All this stuff. We thought we were cool. But even then everybody, I mean, they thought they could mimic the brain, but everybody can knew this is just zeros and ones. Yeah, I mean, but you do have some people that believe that.
Yeah, there are. And I think they sold their ideas, became, you know, Terminator and stuff, like great movies. But I just don’t see where it’s going to suddenly come up alive and say, I think I’ll kill you today because I don’t like blue brow blouses, you know. You think so? Do you think that’s a psyop? You think that everything that just happened was. Or people confused. Look, I think it can go. If you tell it to go ahead and try and hack something. Yes, it can do that. Okay, but is it consciously understanding what it’s doing? No, there is a difference.
And I think there was a movie Elysium or something where the police were robots and says citizen, you know. Yes, that’s their dream because hey, kill that person. They do it. The risk to government is when Yeltsin stood on the tank during the coup in Russia and he said, don’t fire on your own people. And they didn’t. The coup failed. That’s what I mean. It’s. That’s the human decision. Okay. If they were robots, you’re not going to listen to that. You’re dead. Well, that’s the danger. Right? You can’t just let. Right. That’s robot. You can’t let AI take over the military, otherwise that’s extremely serious.
It’s not just the military, the police. And look, there was an incident there in Ukraine where a drone and they’re using Nivea chips and okay, we could give a computer the ability to see. It was very simple. He’s just, okay, here’s a cup. It reduces it to, you know, black and white. Okay. Knows the shape. Here’s a glass. So it knows the difference between the two. That was not hard. And so this drone saw a large propane tank decided looked like a military target to it. It struck it and was attached to an apartment building, killed a bunch of civilians.
That’s what I mean. It’s. It’s it didn’t consciously do that. It just fits a image, it fit the prototype, the parameters it gave, they gave it. And so it just did. Right. It can’t think beyond that. Well, since we’re on Ukraine, Ukraine’s a big deal. There’s a lot here that people don’t probably know, know what’s behind a lot of this. There’s an 800 billion dollar BlackRock fund to rebuild Ukraine. But BlackRock also owns, as you said, 40 of the, the companies that are funding the war. 40 billion. Can you explain what do you see? I mean, they’re making money on the war, during the war and after the war.
Right. It’s then you have Mertz, who by the way was BlackRock’s CEO of Germany out there and saying, we are already at war. He’s promoting World War III with, with Russia. And if we flashback to the Iraq War, Dick Cheney was the former CEO of Halberton. They got all the contracts for Iraq when they were going to be investigated. Oh gee, what happened? The CEO moved the office to Dubai. All right. So they couldn’t be necessarily subpoenaed. This is standard operating procedure. There’s just so much money to be made. Right. Where does the money go? I mean, where is it just going into? I mean it goes to some, you know, developmental weapons and things and it will go to some infrastructure to rebuild Ukraine.
But before I ask where it goes, who’s paying for it, who’s funding this? I’ve warned my clients that they should not invest in this $800 billion fund because my computer says Ukraine’s not going to exist. It may completely, you know, go nuts or off the board per se, as we know, you know, post 29. Wow. So you’re thinking it’s just going to collapse in and of itself and it’s going to be absorbed by either Russia or the surrounding countries. I would look in talking to a lot of these people, I, I, it’s beyond me, but they actually think they can walk in, conquer Russia and you know, make it’s got Russia is the richest country in the world.
They have about 75, you know, trillion dollars in natural resources still in the ground. So that’s why Hitler, Napoleon, everybody’s always tried to conquer Russia. It’s not the other way around. They always say, oh, they’re going to invade this, so we get to do it first. You know, it’s all economically oriented and, but the numbers don’t show that. Right. Because I had somebody on my show that said that Putin’s like Stalin. And I’m like, well, that he wants to go and take over everything. But the data doesn’t show that. It’s propaganda. And they have been indoctrinated.
Honestly, Putin’s been there since 1999. If he wanted to do anything, he would have done a long time ago. But besides that, there’s no economic benefit for Russia to take Europe. They have nothing. They got to get their energy from Russia. All right? You’re not talking about gold reserves. You walk into France and they’re going to say, you’re going to pay our pensions. Now you’ll get nothing but civil unrest. There is no benefit to going into Europe. And anybody that is pushing that idea doesn’t have a free thinking brain. And they don’t pick up the rug to.
Look, honestly, I was called in for another briefing and we were on this subject, and I. I do think. I guess they’re starting to listen to me. And I. Who was in the briefing? Who was there? If you. I can’t say, okay, But I’ve warned them a long time ago, from the beginning, and I’ve said, Russia. If anybody thinks they can walk in and take Russia, you’re out of your mind. Because besides nukes and pushing the button, whatever I said, there is no way in hell that China and North Korea would ever allow Russia to fall, because they know they would be next.
It would turn into World War III and it would get. And they’ll go. They’ put everything into it. And, And I don’t know if dominating, taking them over, if we would put everything into it. So we would lose just because we would. Wouldn’t do it with all our energy, but they would defend themselves with everything they had. I mean, do you believe, maybe for listening to me, I don’t know. I was. I was told that I was correct. Putin is not the problem. It’s Zelensky. And I told him, I said, look, I said, any peace deal you’re going to try and get is going to be sabotaged by Boris Johnson and Kalis.
They said, yes, we agree. Oh, so they’re starting to see it. I was told, I think the final straw with Zelensky was that Trump told him not to attack the refineries in Russia because you’re sending diesel and everything up and price. And he attacked it the next day, and he’s publicly came out and said, I don’t care about the price of diesel. My country comes first. So there’s no reasoning with them. I was told that Trump now understands this and that he was Going to try and strong arm Zelensky into a peace deal, which I don’t believe he can.
But the other interesting thing is when I said that China and North Korea are going to come to support Russia, that’s why I believe Trump suddenly, he saw Jin come to the United States and everybody was saying, oh, he was saying, they’re horrible. Why is all of a sudden is he kissing their ass? Because I believe he’s trying to tell them we will not defend NATO against Russia. But, but the United States isn’t really pro this war with Ukraine. But NATO is. Yes. And the first time I was called in and you can pull down the peace plan that I was actually asked to write, which I was surprised because my position was we should exit NATO, I said, they’re going to stab you in the back.
So getting called in from the beginning, I said, what? And they actually said, no, you’re right. So they know what I’m talking about. And when I said we should exit NATO, they said, yes, we know, you’re right. Okay, so they get that. Now, how about the Middle East? Because that has turned into one big quagmire. The problem with the Middle East, I believe that there we’re running into the issue of Trump and his ego. He doesn’t want to admit a mistake, but I think it goes a little bit deeper than that. What it is, his son in law, Kushner, his father was a big supporter in Netanyahu.
Netanyahu, they were friends, stood, you know, stayed over at his house. I believe it was Kushner that escorted him into the Situation Room. He sold this idea because he, Netanyahu’s strategy is always to kill the head of whatever it is, Hezbollah, Hamas. He knew where the Ayatollah would be and was told that we kill the Ayatollah, the government falls, we win in one day. This is what he’s been saying for decades. This is his strategy. And I think that’s why Trump went with it. I think he believed it. And then initially saying, we won already, you know, no, sorry.
And so I think his problem is he’s not willing to throw Netanyahu under the bus because in doing so, he may be throwing his son in law under the bus. But look, I don’t, you know, I think the Democrats are going to at least take the House and there’s serious risk they can take the Senate. And if they take the Senate, you’re going to have a real, a real crazy food fight, I’m telling you. So you think, you think they can take the Senate. And then we. Because I what I’m hearing the chatter with people that I talk to behind the scenes.
I never talk. I don’t talk about politics that much. This, this election, which I probably should a little more, but I’m not. And, but I’m hearing it’s going to be a slaughter. Well, our computer is showing. And I’ve said for years that the 2028 election looks absolutely devastating. And the 2028 one, not the 2026 one, which is what we’re in now. Correct. The presidential 1 in 28. So you’re saying that the Republicans are going to lose 2028. Well, I think you may see a complete civil unrest by that time, mainly because particularly if the, the Democrats get both, then they can impeach Trump because it, you know, the House can always do that.
They’re going to take the House, fine, but the trial’s got to be in the Senate. If they take the Senate, then they can impeach her and they will. You think, look, the problem we have is, and you see it in Europe, too, in Canada, all right, it’s if whatever Trump says, they must do the opposite. The Trump Arrangement syndrome is real. But he is doing some. Yeah, it’s pretty bad stuff lately, too, but keep going. Look, back when NAFTA was being proposed, the Democrats were against it. It’s going to cost American jobs. Now Trump wants to get out of it.
Now they’re for it. That’s what I mean. There’s no rhyme or reason. No, there is. Nobody gives a shit about the country anymore. And it’s about, I just got to win and it doesn’t matter what. And it’s everywhere. We’re going to pay the price for that. Right? I mean, you can’t. When empires get to that point, you, how long can you sustain it? I mean, right. That’s what, that’s what 2032 is about. We’re looking at the fall of republics and. Because I think this is going to illustrate to people that it does not matter. Vote the Democrats in.
Is that going to change the debt crisis, anything? No. You know, nobody’s interested in changing the system that both sides are deeply entrenched into, into the money side. Quick break from the program to share with you something amazing. This is called Sloop. It’s actually s l u p p332, but it’s been shortened to Sloop. And this thing mimics exercise. It seems too good to be true. I first shared this on my sub stack and I had Dr. Diane Kaser and we went through all the benefits of this and the whole thing sold out. You can’t get it anywhere really across the industry and the people who are using it the most are athletes and bodybuilders and people who want to see extra performance in athletics.
Because this in pre clinical studies with mice increased their endurance by 70% and their distance by 45%. I mean it’s incredible. And it’s been shown to mimic exercise even when, when you’re at rest. In pre clinical studies with obese mice, they lost upwards of 12% of their body weight in four weeks and it increased muscle. So this is really taking the industry by storm. It’s actually not that expensive either. With my 10% coupon, it’s about $80 for maybe a two month supply. If you take one capsule a day. If you decide to up it to two capsules, capsules a day, because your dosage depends on what you want, then it’s a one month supply.
But Dr. Diane recommends doing one capsule a day until your body gets used to it. You might not see the same level of results right away that the mice did, but your body can get used to it and see if it’s something that you really want to do. If you are interested in this, I will have a link below so you can try it yourself or go to sarah wessel.com under shop. Remember to use the code Sarah to save 10%. But 20, 20, 2032. You see the fall of republics. What replaces it? Hopefully we go towards a direct democracy, but fall of republics, what I mean is that we are never asked any questions.
All right. Shall we go to war with Russia or China or Iran? Answers. Nobody has said. Nobody gives a crap what the people think. No, they don’t. It’s. If you look at really at history, the. I am doing a book for our conference, trying to finish it this week on Julius Caesar, why he really crossed the Rubicon. It’s exactly the same problems we have today. The corruption was unbelievable. Cicero was the fake news of the ancient world. They eventually cut off his hands and nailed him to the roster because he was so toxic. But unfortunately Shakespeare and historians believed Cicero and Cato.
Cato is the one that started the whole mess. Then you have the Cato Institute. Oh, he was for the Republic. No, he was not. It was an oligarchy, all right. And Caesar was the man of the people, a popularis. When he crossed the Rubicon, he didn’t have to fight to get to Rome. Everybody cheers. Why? Because they thought he was going to Eliminate the debt crisis. And debt was much more serious back then. Let’s say you bought a house for 100,000. You borrowed the 100,000. Market crashes. All right? You couldn’t just walk away. No, you still owe 100,000.
And if you didn’t pay, the consequences were pretty bad. Right? Take your family, sell you into slavery. I mean, it was pretty brutal. So there was no. It was. Everything was basically for the creditor, not for the borrower. So, I mean, today you borrow for a house, the house crashes and you walk away from, and the bank takes the house. You’re done. Okay? But that wasn’t the way it was. They didn’t want the house back. They want the 100,000 that you borrowed. That’s it. Pay up. So it was a much more serious issue. So when Caesar crossed the Rubicon, they cheered.
So then what happened after that? What happened when Caesar. Okay, they cheered. And then what happened? How did it fall after that? The Senate fled because they had no support from the people. Pompey was there and defending the Senate, and he said, we have no troops and we have to evacuate. They fled to Greece. And then what happened? Then there was a civil war. Caesar basically finally defeated them all. Cato ended up committing suicide. A number of them did. Pompey fled to Egypt. And they thought they were wanted being good graces with Caesar, so they. They beheaded him and presented his head to Caesar.
It was. It was a mess. But basically it was all about the people versus the corrupt senators. That’s really what it was. They were all the money lenders and everything else. So he was able to turn Rome around for a while. Now that’s why Julius Caesar is considered the best leader Rome ever had. He’s the founder of Europe. He understood. He understood the economics. And probably no other head of state ever understood the economy better than he did to solve the debt crisis. What he did was brilliant. Okay, you had a house, you borrowed 100,000. It’s now worth 50.
The lender wants the 100,000, doesn’t want the house. He said no. He sent appraisers out. You lent 100,000. That’s what you said that house was worth. All previous interest paid was applied to the principal, and that’s how he backed it all out. That house was 100,000 in value when you gave that money. So everything was resettled back on the time of the contract. So neither side benefited. And that’s what he was trying to do, to save the Republic. Cicero wrote, always dictator, this, that. Why? Because he was One of the oligarchs, they were all pissed off at him because they were losing.
Simple as that. They. They lost their. Their domination. Yeah, right. And I mean, that story has played out so many times throughout history, but eventually the people rise up against this. And. But. But the people are rising up against it now. But don’t you think that because of the level of propaganda that people are just confused, or do you think people are getting it too? Eventually that stops working. That will. Will end as well. The same thing with Cicero. I mean, eventually they just cut off his hands and nailed them to the roster. People are seeing through their propaganda and they’re starting to.
Other than the extremes, and this is what I’ve been saying, other than the extremes, people are starting to gather in the middle and starting to mature on recognizing propaganda. Yeah. That’s why I think the Democrats taking this election is actually good, because it’s going to show people the other side can’t do it either. And then that’s when you get the real reform. You don’t fix something until you know it’s broken. I mean, look at Mandami. Complete idiot. They. They refused even open up a textbook to look at history. You know, the entire auto industry began in Detroit.
All right? Same thing. Oh, they’re rich. We can tax them. We can get all that money and do whatever we want with it. Now they all left everybody, but that’s what’s happening. And that I’m having somebody. Come on. Because he’s been covering all the month. The. The money is flowing out of these Western countries. All of these millionaires are fleeing the West. If you really want to. A real shocker. Russia just created visas for anybody that wants to flee the west and abandon Wokeism and stuff like that. And you are a. You believe in God and Christianity and you can come to Russia.
It’s just ironic, but it’s. Look, the city of Detroit. You can look it up. They ended up going bankrupt by 1937, all right? They didn’t even make it out of the Great Depression. And Mandami’s doing this to New York? Yeah. Well, they’re moving Wall street to Dallas because of this, right? Oh, yeah. I mean, they set up the exchange there. Opened in July. It’s going to defeat New York and Boca Raton. I mean, it’s. Prices are going up like crazy. I mean, I had bought on the west coast, and even here the traffic is probably double from what it was 10 years ago.
Where are you? You’re in Florida. I went and visited you, right You’re. Do you live? I’m by St. Pete. Okay. On the west coast, where we get the sunsets. You know, when I lived on the east coast, nobody would get up with me to see the sun rise. It was too early, you know. Well, the sun goes down pretty compared to the Midwest in the summer. It goes down earlier, but it’s just so beautiful all year round. Yeah, it’s kind of hot in the summer. I’m getting off topic here, but it’s pretty hot in the summer, but different.
I lived in New Jersey. I had a beach house. I would be down there. It was so humid, so hot. 103 degrees. I never had a day that exceeded 100 here yet. Because you’re next to the ocean too, right? That keeps it cooler. Yeah, but I lived on the ocean up there and it would be 103. Wow. Because I know on the west coast and the ocean, it gets pretty cold. Yeah. Now we didn’t. And we had hurricanes. You know, New Jersey got hit by hurricanes a lot. There was Sandy up there. But I remember being a kid and.
And tree fell next to the house from a hurricane. My. I was, what’s going on? My mother said, oh, it’s. Somebody’s moving furniture upstairs. That’s about it. Okay, well, so this is pretty scary. I mean, we’re looking at so change. A massive change in civilization. Right. That hasn’t occurred in centuries. Really. I mean, what would you compare this to? The fall of Rome? I mean, whatever you’re looking at. American Revolution. You can’t compare it more to that. The American Revolution. Yeah. I mean, look, all these things are always take place as a contagion. When there was a revolution in Rome and they overthrew their king.
That was 509 BC within a matter of basically months, Athens overthrew their tyrants and democracy was born. And then democracy spread throughout the Mediterranean. All right, US overthrows basically the king. The French go, that’s a good idea. The French Revolution, 1789. These things are always a contagion. All right? An idea starts one place it goes, spreads quickly. Tenement Square. All right? Within months, the Berlin Wall falls. This is just simply the way it is. You can’t analyze one event by itself. Look for the dots. They’re all connected. So where is it going to start? Do you think it’s going to start in Europe? Europe will not, definitely is not going to survive.
This is. This is why Brussels is pushing for war. They have the Hobson’s Choice here. The people are rising up and because of their. Mainly I would say the number one issue is their stupid migration policies. All right, so instead of admitting a mistake and dealing with it, what do they do? They need an external enemy, and that’s Russia. Russia, Russia. Oh, they’re going to invade Europe. Oh, they’re going to do this. As long as you. They try to distract you from that so you don’t pay attention to. Otherwise. If they don’t come up with an external enemy, Brussels is falling.
All right, you just had the AFD one. I can tell you because I’ve been speaking to some people in Brussels. They’re scared to death. Yeah, the NFT winning in Germany is a big deal, too. I’m sorry. Keep going with the France, with Le Pen. They’re seeing it in Spain, everywhere. All right, Maloney came out in Italy and said, we want some of our sovereignty back. So what does that mean? Well, what is Brussels attack on Brussels? Okay, so Brussels knows. Therefore it’s either Brussels is going to fail and Europe breaks up, the EU breaks up. We need war with Russia so Russia, so Brussels can survive.
Okay, so if the EU breaks up, will they go back to individual European countries or do you. Yes. Okay, so you’re saying the EU is going to break up, which I think that’s been in the works for. Our people are fed up because they don’t have any kind of representation that clear. That’s a dictatorship without representation. That’s really bad. And then Barcelona stand for election. She’s appointed the people who make the decisions for the laws. The commission in the back room never stand for election. It was deliberately established to eliminate democracy. Yeah, they knew what they were doing and now the people are pissed and they do not want it.
I had someone tell me they think it’s going to start in Ireland and the UK is where they think it’s going to start. Because it’s that that area is just completely going nuts. Look, you’ve got Scotland, you got Wales and you got Ireland. When they’re split away from England, I mean, this is the same stuff. I. I was kind of like, you know, understood deeply what was going on with the referendum when Scotland wanted to leave, the EU sent in their people to do the counting. And from stuff I was shown, I was shown pictures where they just.
Any votes that were for separation were dumped in bins. It was all rigged. That was the first one that was really, really rigged. They did the same thing with Romania. They did the same thing in Italy. Barcelona. Barcelona wanted to split from Spain. They used the court and said it’s illegal. You can’t do that. Barcelona has its own language. That was Ferdinand and Isabella, two separate kingdoms. They got married and that made Spain. But there’s still two different cultures. All right? Even language is different. So these things have been going on for a long time. And whenever you get a centralized government, that’s the problem.
I just did an interview in Canada. Carney knows what he’s putting. Well, okay, so Canada, Alberta is trying to break free. They’re going to do. Yes, that goes up the on the 19th for a vote. And Carney knows it’s. He’s there. By turning Trump into an external enemy. Oh, he wants to make Canada 51st state. I’ve spoken to the people in Alberta. There is no way they would ever be allowed to come in as a 51st state. Why? All right, because first of all, they get representation. They would get two senators. The Democrats would view it that they’re going to vote conservative, and that will change the political balance.
The Democrats, and I’ve spoken the people in this in D.C. the Democrats would insist upon Puerto Rico, Guam and Washington, D.C. to be entered as states. Then they get, you know, six senators that would vote in their favor. It would turn into a food fight. All right, there’s no way they can possibly allow Alberta in its 51st state. And corny knows that. All right, but, oh, Trump wants to take over. He has to demonize Trump to get. Oh, that’s what he wants. It’s all propaganda. People assume the financial system is safe, but then banks fail, governments freeze assets, inflation quietly steals purchasing power, and then many people realize they don’t actually own what they thought they own.
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What do you think is going to happen? Carney’s a central banker, and then all of a sudden he comes in and he’s elected as Canadian prime. He’s elected as their prime minister, and the Canadians. How does that happen? And how is Canada? I had someone tell me today that Sarah, I’m to the point where I feel the electorate is. The electorate is votes. Like third graders. I used to say sixth graders, now I say third graders. I just don’t know is that the problem? Because who would elect somebody like that? It’s a parliamentary system. He does not stand for election.
He’s appointed by the members of his own party. He never stood for election. Our system is the only one that where you vote for the president. So the Canadians would have voted for him. He just got appointed. That’s always made me. I thought it was rigged, but it was just a point. It was rigged. They were kind of strong armed. You’re going to vote him in. And then they. If we, if we support you in your election, this is who you’re going to vote for. For. Oh yeah, but that’s a parliamentary system. That’s why Ursula, she’s never even run for a, a dog catcher, nothing.
She just appointed. And if we support you, this is who you’re going to vote for. Otherwise we’re not going to support you and you will lose. And so they’re controlled by that system. Look, our system is, does have a little quirk to it for the speaker of the House. I could run for that. You don’t even have to be a member of Congress. Really. Have we ever had a speaker, a House that’s not been a member of Congress? No, I’m just saying legally I could do that. But you don’t have to be a lawyer to be on the Supreme Court either, I don’t think.
No, like I could go be a Supreme Court judge. Not bad. There’s no requirement that you even have a law degree. But that’s why there’s a lot of judges though who are put in place, who aren’t lawyers, who are doing a lot of really bad things in different places. They’re using that loophole in states I’ve. Yeah, no, that’s happening. The judges of Sec. Cftc, they don’t have to have a law degree. That’s it. You’re the administrative judge. That’s it. Well, to some degree I kind of agree with law shouldn’t be. Our laws of the land shouldn’t be so convoluted and confusing that an average really smart person shouldn’t be able to go in there and just make common sense to decisions based on reading what the laws say.
I think that, I mean because law shouldn’t be that hard for average people to figure Out. We screwed up from the beginning that there was an argument at the Constitutional Convention. I would, I would have agreed with Ben Franklin. His argument was that a politician should not nominate a judge. It should come from the private sector. His argument was you would always get the best because those in the private sector would always want to nominate the best one because he’s making the most money to take over his practice. And that was his, his argument. But we screwed up.
There were two courts. There was basically the king’s bench and the queen’s bench. Queen’s bench was. It was. If you stood trial at the king’s bench for some crime, whatever, all right, you could appeal to the Chancery Court, the Queen’s bench, and they would decide if the King’s bench made a mistake or was unfair. I didn’t really kill that person. I did it in self defense. All right. When we founded our legal system, they made a serious mistake. They merged the two. That’s what gives our judges discretion. Well, the law says this, but I don’t like you.
You got a blue bell. So I’m going to do this. Well, that and jury trials went away too. I mean we used to, but they didn’t screw that up at the beginning. But now we’re to the point where jud just make decisions without jury trials. They’re becoming obsolete. They put in sentencing guidelines. There was an Justice Scalia was probably one of the. The greatest champions of this that the judges were deciding the facts and. And he basically said every single fact must be decided by the jury and not a judge. And there’s a few other cases, Blakely etc on that.
But oh, the judges were up in arms about that. What do you mean? I can’t decide that anymore. Took away their power, but they don’t. Look, I’ve seen, you know, I had one friend that was. New York is so corrupt. If you’re black, they make sure you get a black judge, then you can’t call anything racism. And what happens is there was a Chinese boat that ran it on Long beach island, had a bunch of Chinese slaves that they were going to sell or something. When was this? That was probably late 90s. Wow. Okay. And so they arrested the crew, put the guy in charge on trial in New York.
Who’s he get? The only Chinese judge, Judge Chin. This is what they do. Well, that’s why when the prosecutors in rape cases and sex traffic and everything else are almost always women. Yeah, of course. It’s like, what is this? It’s all rigged that way. That’s why? When Epstein was charged, I did a post. I said, the only question is, will he commit suicide before he pleads or after? There is no way that guy would ever be allowed to have a trial. You’re going to pull in way too much. I mean, come on. What about Maxwell? She knows just as much as him.
How are they getting away with not doing the same thing to her? They. They’ve managed to make her look like she was just the girlfriend or something when she was just as. She could be up there and you could get a lot of information, but they’ve managed to do something. What happened there? What, the real story? Yeah, the real story is what I was involved in was the second attempt to take over Russia. There’s a first one, and that does involve Maxwell and Epstein. Wow. Robert Maxwell, her father was part of the club. And they would always be illegally trading.
And that’s where Epstein’s money came from. Market manipulations, things of this nature. And Maxwell lost, I believe it was around 200 million pounds on one of these trades. And. But he was using the employee pension fund money. So what happened? They. The coup against Gorbachev, where then the Yeltsin ends up standing on the tank and everything. Maxwell was funding the coup. The deal was they would fund the couple. Israel would recognize the new coup government as a legitimate government, the first ones to do so. And in return, all the Jews from Russia were allowed would be allowed to migrate to Israel.
That was the deal. When the coup failed, Maxwell tried blackmailing Mossad to cover his losses. And he suddenly took a walk off the edge of his boat. That’s when he got killed. And how did his daughter come into play? I mean, she a triple agent too, like he was? Yeah, actually I am surprised because in this last briefing, I guess they’re starting to connect the dots because they were saying nobody knew where Maxwell’s money came from. And I mean, Epstein’s money came from. It was all the club that I was trading against. And so they actually asked me, who was Epstein? Who was he doing this for? Because I mean, they keep the distraction.
Oh, the girls this puts. And well, we need the names of the guy. That doesn’t get you anywhere. The real question is, who was he doing this for? I answered it. I said, mossad. They actually said to me, yes, we know. You’re correct. This was all part of it. I was warned in the 80s, be careful, you know, they will always use a woman to try and get into you. And any girl come on by, just hold up the silver cross. And say thank you very much. Goodbye. You know, so I mean, I knew about this.
I mean, maybe you recall Elliot Spritzer, he was the New York prosecutor that took down Hank Greenberg, the head of AIG. What that was about. AIG refused to underwrite all the CDOs. So Spritzer, not knowing that he was a pawn, was fed information to go after aig. And the settlement was that Hank Greenberg had to resign. He stepped down and suddenly AIG funded all the mortgage backed securities that blew up, took down and then AIG had to get bailed out. All right. Spritzer thought he was now king of the mountain and he said he was going to go after Wall Street.
What happened? Oh gee, all of a sudden look at these checks you paid to a hooker. He has to resign. What do you think? Because I know black blackmail and human compromises their currency, you know, that’s what I’ve been saying. But how much do you think they just make it up? I mean they could. Spritzer could. Could have been with the hooker. Could have woke up after being drugged with a hooker with pictures. Oh yeah. Or could they could just make it up too? I mean they did that with. To get rid of the head of the imf with the maid.
I mean that was all set up too because the IMF wouldn’t. He refused to get involved in and everything from removing people from Swift, etc. So they took him out. Oh, a maid in a hotel in New York. Oh, he touched my bottom or something. I don’t know. I don’t remember what the application was. Just make it up. And I think that later came out that it was all fictional. But this is standard. This is what they do. I have a tried. Go ahead, Epstein. If you’re really interested in young girls or something, maybe you do that with the.
Your friend from the pub. Okay. You don’t bring in Bill Clinton. All these, you know, high level people, obvious. Why didn’t they know? I mean they’re a walking into a trap. How did they not know? They were just so they felt that it was. I don’t know, maybe they were attracted to his money and didn’t know where it was coming from. It’s hard to say because he’s not the only, he’s not the only game in town, right? I mean they, they know this works. So there’s a lot of games in town like this. I have a friend who is.
I don’t know if he’s good friends, but he knows the head of a company whose whole Their whole company. His job is to compromise people. They have gay people, they have women, they have all sorts of people. That’s their whole job. I believe that was perhaps Bill Gates’s connection with Epstein. To compromise people for him. That would make sense. Look, this is, you know, welcome to the real world. I mean, there was a. A very good Russian, good looking Russian girl in New York and she was sleeping with politicians or whatever. And then they found out she was really a spy.
And then I think she was exchanged with some. Was. They had our spy. And. And, but. And then she was. I remember she was being called. I forget her name. She was called Putin’s weapon of mass distraction. But I mean, I remember she had red hair. She was very pretty girl. But I. I don’t remember her name, but I’m sure you could probably look it up. But I mean, this is standards. Yeah. This is how it works. It’s how. But, but getting back to Maxwell, though. Ghislaine Maxwell, they avoided Epstein’s trial because he knew way too much.
But so does she. How is she getting. How is she skating? And they just rigged a trial. Look, I’ve got the transcripts from when they’re blackmailing Yeltsin using Bank of New York. Biggest money laundering case, American history, $7 billion. They charged the two supposed bankers that facilitated this. I got the sentencing transcript. I mean, it’s a joke that to be money laundering. You got to say, what’s the crime? All right, the judge ask. Oh, well, included a ransom for a Russian businessman. Oh, okay, fine. Thank you. It doesn’t even ask a name who could pay $7 billion as a ransom.
All right, and then the judge gives him six months house arrest. I mean, come on, this stuff is. I know, I know. Do you think that the justice system is. I think there’s backroom conversations. Okay, we’re going to fix this in your direction. This is what’s going on. Do you think they get paid or do you think it’s just you keep your job? They’re all probably blackmailed to. They allow a certain number of them to be legit so that the system looks legit. But I mean, human beings are human beings. How do we get human beings to stop being human beings? Right.
The conviction rate in New York is something like 98 to 99%. All the. Every lawyer says, you know, just plead guilty because nobody can win. It’s just rigged. And then they just do a. Out of court. Venezuela. All these people, terrorists, whatever. They put them on trial in New York. New York is The most corrupt court in the and maybe in the world. Even Adolf Hitler’s notorious court did sentence Jews only had a 90 conviction rate. New York’s got so bad. I’m not laughing because it’s funny. It’s just when it’s just so obnoxious, I laugh. Gee, they gotta win.
It’s. Well, I do think that California’s court with big tech is just as bad with their immunity clauses and stuff. I think they although it’s starting to thaw out because it got too obnoxious and too obvious. What happens is that a prosecutor, they go after big names. They don’t give a if the guy’s guilty or not. Julie, you know, Giuliani basically took down John Gotti, all right? Then he becomes mayor. Pass to presidency. This is what they’re all looking for. All right? Take down somebody famous and then they get that political position. Christie from New Jersey, governor, former prosecutor.
Go down the list. You’ll be shocked at how many prosecutors just look to take down somebody and they don’t care if they’re guilty or not. It’s a political stepping stone to glory. Have you thought about whether your investments are making the highest returns they can and eliminating as much taxes as you can? I think all of us want that strategy, right? That’s the strategy that the wealthiest use. And my friends at Ironhawk Financial are helping my listeners figure out a strategy to do exactly that. If you want want the best returns on your portfolios, you want to eliminate as much taxes as you humanly possibly can and you want to set up your grandkids, you want to set up your kids and you want to set up yourself for having the most amount you possibly can in your portfolios.
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You just can’t do it. Look, the. You know there’s a case published case 2nd Circuit New York US Zicatello. The judges alter the transcripts. The judge made a mistake and when he altered it, it was for the favor of the defendant. Not the government. The government appealed and said, well, that’s not really what took place in court. So they had to address it to keep the conviction. Read it. Page 97. How bad it gets. If I altered the transcript, I get 20 years in jail. Judge does it, he gets a pat on the back. The 2nd Circuit wrote page 97 in the Zicatello decision.
We’re not sure if we have the authority to tell judges to obey the law. Oh, my gosh. We suggested they change the policy, which they never did. Oh, my gosh. If the court of appeals claims it doesn’t have the power to tell a judge to obey the law, who the hell does? Exactly. If they don’t, who does? A revolution. I mean, is that. I mean, that’s where we’re at, aren’t we? They prosecutor is not going to charge a judge, because as long as the judge does whatever he says, he’s not going to take him out. Oh, it gets.
It’s even worse. You go back to the Judiciary act of 1925. My argument is it’s unconstitutional. The Supreme Court was getting inundated, more and more applications. So instead of expanding the court, Congress passed the Judiciary act of 1925 and said they have discretion, decide whatever they want to hear. The Constitution only created one court, this Supreme Court. All these other federal courts are statutory created by Congress. They’re not required by the Constitution. They could be shut down on the whim of Congress. All right. The only court that you had a constitutional right to be heard in was the Supreme Court.
And they took that away from you. Well, yeah, because they don’t. The Supreme Court doesn’t hear hardly any cases. I mean. Right. They get 80,000, you know, applications a year. And that’s not every case in the country. And they hear maybe what, you know, 2030. Yeah. I mean, you have. Oh, the Constitution, the whole idea of, you know, the, you know, a tripartite government executive, you know, legislative and judiciary, it’s all a joke. Well, I guess that’s why. That’s why 2032, I mean, everything is so chaos is going to happen. Do you see an election in 2028? The computer is questioning whether there may even be one.
You know, the Democrats, if they get both sides, they’ll probably move to impeach Trump. But do they have to have more? How many people do they have to have in the Senate in order to impeach him, like kick them out? Well, you can impeach, but to actually move forward, House impeaches, but then trial has got to Be in the Senate. Yeah, but how much do the. If the Senate has to what Congress impeaches, then the Senate. What, what is that? The formal. They don’t impeach. They. What do they do? They, they put them on trial. They put them on trial.
Now how many has to be. It’s not just a simple majority. Is. May be. I have to check that out. It could be a two thirds. Let me look at it quick while you’re thinking about it because I’m wondering. Because if some things are two thirds, but I’m not sure if the impeachment is. Because if they had. Yeah. How many? I’m going to look, guys, everybody’s watching. How many? Ask it. If it’s the majority, then you know you’re screwed. That’s right. If it’s a simple majority. When is your conference that’s coming up? I think it’s December 3rd.
I’m always the last one to know. You know, it’s your, your event. You’re writing a book for it. It’s an, it’s an amazing event. Then go to armstrongeconomics.com and learn about the conference. Okay, this is what I thought. The Senate needs 2/3 of the senators present to vote convict in an impeachment trial. If all 100 senators are present, that means they don’t have to. So 67 votes. They don’t all have to be present. But now here’s the deal. Trump is losing a little bit of support here within the Republican Party, unfortunately for the Republicans here who are for him, if, if the Democrats win, they will impeach probably.
I, I think that’s going to happen. And then do you think that there will be Republican senators that turn on him and he could actually be convicted? Maybe because he has. Some of his comments are just off the wall. They may be intended to be jokes, but he can’t deliver a joke right now. So my just looking at the computer, we have a, an unusual forecast that the computer came up with for the Senate shows a panic cycle in 2027. I mean, that’s extreme volatility. So do you think that could come from. It could come from division in politics, propaganda, and it could also come from jobs.
I mean, we could see. Are you seeing kind of a deeper depression or recession that’s causing the panic or just this political divide? Look, we’re definitely going into a steep economic decline, but this is global, going from 26 into 28. If you look at the GDP growth of, of Germany, it’s 0.8%. You know, France you know, all these riots, they came before the schools. Italy down to 0.5%. They have. Brussels has absolutely destroyed the European economy. And then you have the madman Zelensky. They have charged in Germany, a Ukrainian who blew up the pipeline. And he attacks all these, the refineries.
He doesn’t care about the world. And he’s actually came out and said he doesn’t care about diesel. He says my country comes first. He’s blown up the Nord Stream pipeline, destroyed the German economy, Volkswagen sold to China, and then has the audacity to walk in and say, give me money, otherwise he’s coming after you. I mean, it’s. Talk about stupidity. I mean, it’s crazy. Okay, go, go ahead. My concern about Merch is that he’s, he’s like Cheney selling out his own country for what? A pocket of, of money you cannot spend. Now, with the AD AFD gaining power, do you think that they have enough power to cut Mertz? And do you think that makes this 800 billion dollar deal that BlackRock has in Ukraine at risk? I mean, is this, is this, is that.
But I mean, you know, it’s going to take a little bit, a couple more elections, but the last election, Mertz’s party, the CDU, didn’t even get one seat. That’s never happened since World War II. Wow. The people are speaking loudly with that. Nobody wants to listen to them because it’s threatening their power. And that’s what Brussels is about. As you know, when I was called in, when they were forming it, I told them, don’t you know, this isn’t the way we, we construct this. And I said, you got to consolidate the debt. And, and Homer Cole didn’t want to do that.
But what I was told then we understand we just have to get the euro through. We’ll worry about the debt later. Here we are. You know, you can’t worry about the debt later. That sounds like a house. That’s like the household just taking on credit card debt. K, we’ll just worry about it later. You know, at some point you’re going to go bankrupt. It’s. I’m not looking forward to this because I lose my voice. I mean, my, my ear turns red. I mean, why are they calling me? I told you, don’t do this. What do you expect me to do now? What do you, what should people do to protect themselves in this situation? Basically, you got to look at this from a standpoint of there’s nobody there to protect you.
You better do it yourself. All right, that’s right. I do keep about two years supply of food. Not that I think that prices are going up or something, but anytime you end up in war, there are always shortages. Perhaps World War II, you might remember, grow your own victory garden. So there are definitely going to be shortages. The supply lines are going to be disrupted. When do you think that’s even Covid? I was trying to buy a new refrigerator. That’s right. Wait, wait. I said what’s the problem? Oh, the chips come from Thailand. Yeah, chips from Thailand to put in to give you the.
Do you think this disruptions will be worse than Covid, though? I mean, are we looking at a worse situation within the United States? We’re probably the best in the world. My concern would be more that they start giving art, food, our energy to the rest of them so they can sustain themselves and then we get shortages. That’s my concern. That’s if you look the vast majority of Democrats, it’s well over 50% that want to restore the money to Ukraine. I think that’s going to happen because they’re going to argue that these are our allies and if we, our allies fall, we’re screwed.
And so they’re going to prop them up and we are going to. That’s what’s. I think you’re right. Yeah, that’s my concern because. And that’s what I’ve been trying to argue that. Look, and I think that’s why Trump did meet with Jing. So we got to stay the hell out of this or we’re going down. You know, you get in there and you’re getting involved with Ukraine against Russia. China’s coming in. I’m sorry, it’s, it’s. They’re coming. Well, they have to do it, otherwise they feel they’re in trouble. So they’re going to come in. You just know they’re next in line.
And like I was, we were saying earlier is, is we aren’t going to fight like you would fight if you were defending yourself because taking over another region. I’m not going to fight. I probably won’t even get involved. But if they were coming to take over us, people like me would get involved. Right, right. That’s a different situation. If you look at Roosevelt, he kept trying to get us into the European war. Congress refused to issue a declaration of war. He’s the one that set up Pearl harbor because it’s a different story. That’s why the false flags happen because nobody will go to war.
Yeah, yeah. Cut off all their energy. He said he was Going to put in a blockade so they couldn’t get it from anybody else. He froze all their assets in the United States, as we’ve done to Russia. People assume the financial system is safe, but then banks fail, governments frees assets, inflation quietly steals purchasing power. And then many people realize they don’t actually own what they thought they own. Physical precious metals aren’t about getting rich. They’re about reducing dependence on systems you do not control. That’s why I work with Miles Franklin to help investors protect and diversify their wealth with gold and silver and other precious metals.
They have a reputation of trust. Trust. They are transparent. They help people. They never scam you, and they treat you like a sophisticated buyer. If you want to learn more, or if you want a copy of their private price list which is not publicly available, go to sarahwestel.com Miles Franklin. Fill out that form today and start learning how to protect your wealth with assets you actually own that can’t be taken away from a company you can trust. About Roosevelt and, and Pearl Harbor. Oh, okay. And. And they were going to attack and they stood down. They knew the attack was coming.
There’s a lot of information on that on my site. There is even the Honolulu Tribune published Friday. We are going to be attacked this weekend. So they can’t even. Yeah, and look, there is. This is not a conspiracy theory. The Senate had an investigation on fdr. The question was, did he know? Because he pulled aircraft carriers out, let 3,000 people die. Yeah. And. But it got us into war. That’s what his objective was. So there’s a full Senate investigation on this. They couldn’t deny it anymore because it came out that our intelligence had broken Japan’s code and they knew when they were sailing to.
To attack Pearl Harbor. Well, come on. If they did it in the newspaper before it happened, somebody knew, Right? Somebody leaked it. So what happened was the conclusion to the Senate investigation. Yes. Some people knew. We cannot say that FDR actually knew. Well, let me tell you this. I had, when I was speaking at the Red Pill Expo several years ago, a young woman came up to me and asked me some questions on different things. And she said that she, her family has been awakened to the fact that there’s a lot of lot going on that people don’t realize.
She said her grandfather was commissioned to guard this rail truck and they weren’t told what was in it. And she said they decided they wanted to look. And there was like this little hole and they looked and there were propaganda posters about the war getting into the war before the war started about Pearl harbor was on the. Oh it was all set up. I mean even you take 9, 11. The, the terrorists from the first attack with the truck in the, in the, in the garage drew the twin towers on this on the wall of their cell with planes going into it.
Well before that’s okay. I mean you just can’t deny this stuff. The stock market was going nuts, right. All they have to do is track the money. Who was trading even October 7th with Hamas. Our computer picked it up a week in advance. All the defense stocks were moving. Well that was so obvious though because they stood down for six hours and all sorts of stuff and then they’re still using it came out and it’s you know, emphasized again for this last election we told Netanyahu you were going to be attacked. Who came out and said it again? Egypt.
Yeah, it’s just so ugly. It’s so ugly. Attacked. And then he’s got the justification to wipe out Gaza. But you know what their excuses. Well, it’s just incompetence, intelligence failure. God, that makes me happy. Well what about the six hours of stepping down? Oh well we need to look into that too because that’s a failure too. That’s not a failure. That’s deliberate. I mean we can’t be that I have a bridge to sell you on Mars and it’s a fricking great deal. Look, this is without that he didn’t have justification for war on Gaza. That’s right.
As simple as that. This is the way these people operate. It doesn’t matter what country you’re looking at, even what century. Once you, you give somebody that scepter of power, you’re not getting it back if they don’t give it up voluntarily as they. The joke is that you can always vote your yourself into progressive and communism, but that you got to shoot your way out. Oh, that’s sad. And that’s kind of where we’re at right now. Oh, I’d like to see it not be violent. I don’t want to see this country be violent. Where do people you’re.
You have a conference. It’s a must go and we talked about it earlier. Don’t know exact date but it’s. I. You know what, let’s look at it real quick. Where is it? What did. What’s the date? Should be on the event page. Events. Let’s get this date up for people. Okay, it is December 4th, 5th and 6th. It’s on. Tickets are on sale now. It’s Friday Saturday and Sunday, you gotta go. There’s also virtual tickets. Go to armstrongeconomics.com, go to the event page. It’s in Orlando, Florida. So if you’re gonna go, you might as well have some fun too, and stay an extra day.
Excellent. That’s why we do have some people come with their families, and they always. I don’t know, they have some deal with the hotel that they get to go to Disneyland too, so get to go to Disney World and Universal Studios International. So you get to meet people from around the world. And actually, how they started, I used to do just a. I would fly to Vancouver, do a one there for like 20, 30 institutions, go to Toronto, Frankfurt, etc. And I was doing one in Zurich, and a client from Canada came. I said, why did he come here? I said, I do him there.
He said. And he said, I want to see what you’re saying here. And it was actually quite interesting because of the currencies were moving at 20% differences and stuff back then. So I remember he asked me a question about gold. And I said, okay, in Canadian dollars, you should be doing this, so you should be buying. And the Swiss guy goes, yeah, but if I did it, I would lose money. I said, you know, you’re right. You buy, but you sell, you know, because everybody’s got to measure their profits in their own currency. Yep. And. And then everybody said, you know, this is really interesting.
You should have. You. You should have a big one. And we all come together. And I said, that’s an idea. So with that, the first World Economic Conference was 1985. It was. I have the videos from it. It’s interesting. We got, you know, guys from the Middle east in the white robes, and we got Hasidic Jews from New York City and the black, you know, that ran the garment industry. It was like, how do you do this? I said, very simple. Wednesday, I say, tell the Jews to sell and the Arabs to buy and reverse it the next day.
But everybody got along. It was, you know, it was a very interesting conference. Well, probably we’ve been talking about maybe putting the. The whole video out. There are some clips from it that we use once in a while. But that’s what started it. And it was the fact that everybody got together. And it’s much better than a pure domestic situation because you’re get. You know, I remember that conference. It was really funny because one Canadian goes, well, why would anybody want to invest in Canada? And the guy from Saudi Arabia goes, you got all the water.
It was just very Interesting to see all the different, I would say, you know, perspectives and views of the world and quite, you know, it a lot elaborating when you’re, you have, you know, I mean, they’ve taught me everything. I mean it’s you, you got to give a forecast in terms of their currency, not just dollars. Everything doesn’t need to be. From the US perspective, we’re only a small percentage of the world, even though we’re dominant. Right. It’s changing. Well, it’s always been different because everybody has to. They’re taxed and their profits are in their currency, not in somebody else’s.
And things started changing a lot after 1980. And what it was was that when Paul Volcker raised the discount rate to 14% to fight inflation. Oh God, they don’t understand the world economy. And I did speak about this with Paul, you know, personally. So. But by raising the rates up as high as he did then he’s only looking domestically. I got to stop inflation. Then all of a sudden you have foreigners going, well, getting 20% on a CD or am I ever going to get 20% guaranteed profit like that nowhere. My mother and her sister went and bought 10 year CDs at 20% and she didn’t ask me should I be doing this? And I said, ma, I said, what did you do? And they told me and they picked the high in interest rates without any financial advice.
But when all the foreigners were coming in and buying US debt at high levels of interest rates that drove the dollar up dramatically into 1985, the pound fell to par. Then they had to have the Plaza cord. So this would mean they don’t understand what the hell they’re doing. So then Jim Baker comes in, oh, we’re going to lower the dollar by 40% so we can sell more widgets, trade deficit. Right. And by then I was probably the foremost in currency forecasting. So I get called in for that. And it taught me a lot about government.
And it’s all basically a dog and pony show. And they have make up their decisions in advance and then they’ll add, they’ll invite people to testify and pretend they listen. Oh yes, sorry, your 15 minutes is up next. That’s right, they don’t care. That’s really what it is. So I had written a letter to President Reagan. I said, you lowered the dollar by 40%, you’re going to cause a crash in a couple years. I’m dealing internationally. They had sold a third of the national debt to Japan. They were buying US debt to ease the currency and the trade deficit.
And that’s when we had the 89 crash. Right. Then you have the 86, 87 crash then. Because the 87 crash, all the money rushes to Tokyo. So then they get a crash by 89. So being in the international advisory position, and also I was one of the first international hedge fund managers. And so you see the capital moving. I mean, we had offices in Geneva, and in 85, we were all dealing with the OPEC money. And then I saw the money starting to move to Tokyo. Then the talent starts to move. The best brokers that were in Geneva suddenly were over in Tokyo.
They follow the money, too. And when I went to Tokyo, as we, you know, we had an office there, we set up. And then they said, you gotta come, you gotta come, you gotta come. I said, all right, fine. So I don’t know Japanese. So I had to study Japanese just to go there. But did you learn Japanese just by studying it? He said, I gotta learn it, and so I’m gonna study it. And there I go. Funny story. Yeah. I got. First I got the Berlitz tapes. And so I’m listening to Japanese in a car all the time when I get there.
A friend of mine, his, he was American, his wife was Japanese, and she brought her, I think, grandfather, because he was like 90 or something. And these tapes that I was learning Japanese from were from really World War II. And how you say, how you greet somebody used to be omenika karate urushidas. Okay. It’s kind of like saying, how far thou. You know? And the new way would be haji maste. So you learned the old way. So when you did go, you kind of did. You had all these old. I had. Yeah. So I’m. I go to dinner, and he.
He’s 90. So I greet him, I say, oh, manica carte. And he was, like, flabbergasted. Sit down. We gotta drink sake. He loved it. And when I’m done leaving the night, my friend’s wife says, your Japanese is incredible. You knew how. How to speak the old language to my father, I said, what? I didn’t have to hire a tutor to teach me the new way. That’s hilarious. It worked out really good. That’s funny story, but did you speak to him in Japanese the entire time or just enough to greet and that kind of stuff? No, basic stuff.
I mean, I do like to learn languages in a way, because it’s a. A window to their thinking process. Yeah. For example, in English, I would say, here’s my business Card. In Japanese, you would never say that. You wouldn’t say watashi no me. And this is mine business card. Meishi desu. You would never say watashi no meishi desk. Why? Because to them, that’s like elevating yourself. This is my business card. Usually low light. How. Really? So how would you say it then? Just say, macy desk business card. Wow. There’s some other things. There’s some other things as far as, like when you’re on stage with Japanese people and with other people, like, they’ll ask.
Ask questions. Other people will. But Japanese, you have to like, sense that they want to ask a question. Things like that. It’s really different. Even in a meeting, you have to understand the culture and the language because they’ll sit. You go to a board minute, you know, board meeting. This. The senior guy sits in the middle, and they sit according to rank. So Americans come in, they just sit down. Yeah. That confuses the hell out of them. Like, you know, the senior guy can be on the end. You know, he’s the smock. You don’t know. Well, a lot of times a senior guy doesn’t want to be in the top position because they want to encourage their other people to talk more.
And so they’ll purposely depending on who it is. But a lot of times you see that. And I was giving a conference there one time and a Japanese newspaper came in, but he was a little late, so he sat down to Nexus institutional guy, and he lent him his notes as to what I said before he got there. So we go to see this institutional guy. He says, oh, we got to go get a gift. I said, for what? Oh, well, he lent the notes to this guy. So that benefited you because he wrote an article.
And I go. I said, you know, what if I didn’t know that? And he said, you have to know that. So it’s. Then when they would come to the office, they had to know the name of absolutely everybody there. Even if she was just a temp at the front door, they would bring a little gift to everybody according to rank. Wow. So you get. You’d get a better one if you’re higher ranked than you get a crap one. Yeah, I get a samurai sword or something. Yeah. But in America, if I gave, you know, a CEO tickets for his family to Orlando.
Oh, that’s a bribe. It’s illegal. Under sec. Yeah. Crazy. It’s. So they’re. Yeah, they can do it. That’s the problem is you can do illegal things without even knowing you’re doing it. Right. That’s. You have to be careful. Okay? Conference. They gotta sign up for it. I went and watched you and did your seminar. It was great. I can’t believe how many people follow you. Holy crap. You have. People need to understand. I mean, you have a following that’s been following you for years. And very dedicated people really respect what you have to say. I mean, you’re not just screwing around when you say that you were the top person.
When I went to that seminar, I was like, wow, listening to all these people, it was pretty interesting. But people will get a lot out of it and they can just go to Armstrong’s Economics, sign up for it, and maybe have a day fun weekend with their family. Yeah. I mean, look, there’s probably more than $10 trillion in the room. It’s. It’s. It’s interesting because you get to see how the world really functions and how everybody thinks. That’s what I like out of it. It’s. I think I’m gonna have to go this. At the beginning of the summer.
I gotta get my butt there. It. It’s. It’s like a. You. A mini un, but in finance. And, and people, you know, strike friendships with people from around the world and they stay in contact and like, We’ve just been dragged into so many different things. It’s. It’s when I do a. When I get around to doing my memoir, you wouldn’t believe all the stuff that I’ve been involved in. I can just imagine. I kind of can. I can imagine. Well, maybe not. Maybe there’s more than I can imagine dealing with the wheat board in Australia. It’s.
I had the mandate from Hong Kong to negotiate with Australia to get. They wanted to buy land and move in. 97 met with Prime Minister Paul Keating and everything was, no, no, no. I said, I got a blank check. I am authorized to pay off your national debt. No, I mean, it’s just. Why, why would he not. See, I’ve seen that behind the scenes too. They feel that if you did that they would lose their power. It’s always power, isn’t it? It’s always controlled in power. I was so frustrated in that meeting. I finally said to him, because nothing made sense, I said, is this racist? You just don’t like Chinese.
And that’s when he said to me, they are fleeing communism. So they come to Australia. They will vote Conservative. They will change the politics of our country. And he was a Labor government. It. Wow. So they didn’t want. That’s why all these migrants. Y. The border. This is what goes on. This is not conspiracy theory. I was told this by the Prime Minister of Australia face to face. Yep. It’s not. It’s not. And people don’t realize how things really work. They have to. You see it in your real. In your personal life. You don’t think that your people are going to be people at the bigger picture, but with more power and narcissism and honestly.
Well, it’s crazy, isn’t it? Well, thank you so much for joining the program. People love you and they need to go see your conference, and you’re going to be back again soon. And thank you so much. Well, thank you for inviting me. You’ve always wanted a. An interesting interviewer. That’s good. I’m not a crappy one. At least I asked you, like, the question that I get. Thank you so much. All right, thank you. Take care. Okay, we’ll send it. It’s gonna go up on Friday. So what day is it today? What day is it? Is it Thursday? I don’t even know what day it is.
Thursday. Yeah, it’ll go up tomorrow. I have an economic review show, and then. Yeah. So thank you so much. I really appreciate you. I always love talking to you, but I do got to figure out how to get my butt there. I’ve learned so much from my clients, you know, not from books and stuff, but just having to deal with so many this and crazy stuff. It’s very interesting. Well, this was probably one of the best conversations we’ve had. The people are going to like this one. We got into some really good stuff. I don’t know if they’re going to like some of the things they hear.
And when he said I was doing what he just dreamed about, and I was like, what? And I hadn’t realized that he’d written about it in 1953, and you know it. He said a floating exchange rate would put checks and balances on governments, and that’s why I was being dragged in everywhere. He was right. Yeah. It’s crazy. Well, my daughter has called me like, five times, so I gotta talk to her before I start this next interview. But thank you so much, Martin. I really appreciate it. You’re awesome. Take care. Always good to see you. Sa.
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