Global Capital Is Warning of What Comes Next

➡ The article discusses a conversation with Martin Armstrong, an expert on global economics. He shares his views on Iran’s military strategy, the economic impact of wars, and how money flows between countries. He also talks about the importance of understanding basic economic concepts, which he believes are not taught well in schools. Lastly, he warns about the dangers of market manipulation and the need to consider the global impact of economic decisions, not just the impact in one’s own country.
➡ The speaker discusses the global impact of currency fluctuations, the role of governments in these changes, and the influence of war on national debts. They also touch on the political motivations behind war and the persistence of anti-Russian sentiment among certain political figures. The speaker suggests that these factors contribute to a cycle of economic instability and conflict, which is often misunderstood or overlooked by regulators and politicians.
➡ The text discusses the political dynamics in the U.S., with both the Democratic and Republican parties facing internal divisions. It also touches on the potential self-destruction of these parties by 2030. The text further explores the impact of tariffs and trade restrictions, using Canada as an example. Lastly, it mentions the idea of Alberta separating from Canada and the global implications of currency movements.
➡ The text discusses political decisions and their impact on currency value, specifically the British pound. It also talks about the influence of politicians like Netanyahu and Zelensky, who are seen as driven by hatred and not interested in peace. The text further discusses the potential for conflict escalation due to significant cash flows into nuclear weapons and the potential for these weapons to be used in the Ukraine war. Lastly, it mentions the economic impact of these decisions, such as an energy crisis and the decline of Germany’s economy.
➡ The article discusses concerns about potential conflict in the Middle East, with fears that Israel’s Netanyahu might use a low-level nuclear weapon against Iran. This has led to capital leaving Israel and the formation of a Middle Eastern version of NATO, including Saudi Arabia, Turkey, and Pakistan. The article also mentions tensions between Turkey and Israel, with Turkey now possibly aiding Iran. Lastly, it criticizes current world leaders and discusses the potential for a war of attrition, similar to historical conflicts.
➡ The text discusses a product called Sloop that mimics exercise and has been shown to increase endurance and muscle growth. It also talks about geopolitical issues, including the strategic importance of the Strait of Hormuz and the potential impact of its closure on global oil trade. The text also mentions the shifting financial capitals from Switzerland to Dubai and Singapore, and the potential implications of the melting ice cap in Greenland on trade routes.
➡ The speaker recounts his experiences in Thule, Greenland, where he was stationed for a year to monitor potential missile threats. He also discusses his background in computer science and how it led him to a career in trading. He shares his experiences in banking and organizing global economic conferences, highlighting the importance of understanding different perspectives. The speaker also mentions his work with China during the Asian currency crisis, emphasizing the significance of capital flow analysis.
➡ The speaker discusses the unpredictable nature of capital flow and its impact on global economies, citing historical events like the Asian currency crisis and the rise of the euro. He also mentions his conference, which was initially for institutions but is now open to everyone, aiming to educate people about economic trends. The speaker also shares his experience of being invited to teach at a top university, expressing surprise at their admission that their current teaching methods are ineffective. Lastly, he expresses hope for influencing the next generation to create a better future.

Sam. I warned them this is what Iran would do. They were planning for this war for 20 years. They had the biggest, you know, stockpile of drones and ballistic missiles. And, and some didn’t like it because I thought, you know, I publicly even said on stage in Canada, I said I would have secured the Strait of Hormuz before the first, you know, bomb fell. That’s. Yeah. And because every war simulation I saw, Iran always took the straight. Thank you for listening, thank you for sharing. And please subscribe below and, and think about joining my substack at Sarah Westall substack.com or my newsletter.

You can sign up for that as well@Sarah Westall.com and remember to give a thumbs up and to subscribe on the platform that you’re watching. Welcome to the Financial Review on business Game Changers. I’m Sarah Westall. I have the great Martin Armstrong coming back to the program. We’re going to talk about the different topics that he’s been writing about lately. He’s, we’re going to bring up besent and his, he thinks he’s arrogant and he’s going to explain that. And we’re going to talk about Ukraine and their desperation to raise money and their willingness to tax, pornography or whatever it takes to get their money up and how the wars are economically affecting the world.

We talk about how his work is, he watches cash flow around the world and it’s a system level approach on cash flow between countries around the world. Right. And how that system, everything’s in cycles and everything is a big picture look at how things are flowing back and forth. He talks about capital, the capital flows and how bubbles form when there’s concentrations of capital. And these are all basic concepts. And he shares how these basic concepts really aren’t taught in school and that they’re not, they’re taught from a different perspective and it affects how people make decisions.

And he just did a seminar to share his view on how economics really works. My kids actually went to it and we, we had a good time. They got to think about things a little bit differently. And he has a conference coming up which you can also sign up for. He’s opened it up to not just institutions but to average people. So if it’s something that you’re interested in, you can do that. I enjoy these conversations with him. He’s a, he’s a good soul. He’s been dealing with all sorts of people and world leaders and central bankers for decades.

So he has a different perspective than most. Before we get into That I want to remind you that if you are in the market for buying gold and silver, which I know that every person who’s serious about preserving their assets have at least some. If you are going to buy, make sure you’re buying from a company that you can trust. And you know, I’ve been working with Miles Franklin. There’s a reason I trust them. I because I watch how they operate with people. They treat you like a sophisticated buyer so they’re not going to charge you premiums that are above what a commodity based business should be.

They said they can be anybody out there, including the online dealers. So if you want access to their private price list, go to sarah wessel.com Miles Franklin fill out that form. They publish it twice a week and you can see compare. A lot of people are buying from influencers who are selling things at like four times what you should be paying in premiums. So pay attention to what you are paying. And the scams out there are way more than four times. They’re like 186% and stuff. It’s only supposed to be 2% or something closer to that.

So again, go to sarahestel.com Miles Franklin fill out that form, check against your current supplier. Make sure that you are not doing something dumb and, and paying more than you should. Okay, let’s get into this wonderful conversation that I have with Martin Armstrong. Hi Martin. Welcome back to the program. Well, thank you for inviting me. Nice to see you again. Well, I had a wonderful time. I brought my kids to your seminar. I wanted them to hear you speak and talk about it and get them thinking differently. And I saw it was really awesome to meet you in person and to be there.

I enjoyed it. I was really impressed that we had at least about 70 students that came. I mean that was the objective. They were telling me I should be doing something for the next generation. So I said okay, fine, I’ll try and do it that way. So it was very encouraging to see a lot of students coming and, and comments like, yeah, I don’t even get taught this in school. It’s, it’s just interesting. Yeah, it’s get the, get the kids thinking differently because they’re not going to get it in the, with the current narrative. You, you are constantly pushing the envelope.

Not because you are trying to, I mean you’re not, you’re just talking about reality. And these days if you talk about reality that doesn’t match that reality, it’s pushing the envelope. But you’ve been talking about some things that I Want to bring up, you’ve been writing some articles, you talked about the arrogance of Besant. Can you talk about why you, why you think he’s, you know, projecting arrogance, doesn’t see the world the way you do. I think that basically this attitude comes from the whole market manipulation, Soros crowd. And they always look at it from a standpoint of influence and the world doesn’t function that way.

And back in 85 when I was called in, you know, and the, they were creating the G5 and they stood up and said that they wanted the dollar down 40%. I think that was September 85th, they came out and so they could sell more widgets. And I warned them, I said, you lower the dollar by 40% and you’re devaluing everything else in the country. And they don’t seem to ever understand this. How do they not understand that? How can something so basic not be? How do they not see that? I don’t get it. I think these people, neocons and the rest of them, they only see their one, what’s in front of their nose.

I gotta win. They don’t understand collectively how everything is connected. So I had written to Reagan then and I got a. Actually I was surprised. I got a two page response from the White House on that one. And you know, they said that I was the only one with a model that said the volatility would increase and unless other people would agree with me, sorry, thank you. But you know, go pawn sand. And so 87 crash came and then all of a sudden they had to call me because volatility went up, you know. And so what I saw, and this is what concerns me about Bessant, is that they stood up in 85 and said, we want the dollar down 40%.

Then there was the Louvre cord in February 87, that’s when it became G7 then. And they stood up and said, okay, the dollar went down enough because all the other countries are starting to complain. And there was the mistake because the dollar kept going down. And once that happened, it confirmed to basically the world and all the major players that the central banks couldn’t control the currency. And the rumors then was that it’s going to fall another 40%. And then that’s what caused the 87 crash. The Japanese are like dumping everything. A dollar is going to go, they’re going to lose money because everybody is taxed and their profits are measured in their own currency, not dollars.

And I think that’s part of the problem that they don’t. These people only look at everything in terms of dollars rather than, you know, you have to look at, in terms of everybody else’s currency. If I tell you, well, you know, invest in Mexico, but the Mexican peso goes down 50% and the stock market went up 20, you still lose. You know, I mean, maybe it’s because I became perhaps the only real economic advisor globally, because we got dragged into all sorts of countries around the world, whereas the rest of them were domestic. Because you were looking at currencies.

Right. And the flow of currencies between countries. And that’s different than just looking at a stock market or a domestic market. And how do you, how, how would you say that’s different how you look at the interaction? It’s like a system wide thinking. Right? It’s a system thinking where. That’s how I look at it. Very broad. Yeah. Even if you look at, you know, the capital flows, the US was virtually bankrupt in 1896. It’s when JP Morgan had put together 100 million in gold to bail out the Treasury. It was World War I and two that made the United States the reserve currency.

No politician stood up and said, vote for me and I’ll make the dollar of the reserve or something. Nobody even understood it. So all the capital came here for World War I. It’s when capital concentrates. That’s what created a 29 bubble. The same thing happened in Tokyo in 89. The yen was going up. So from a foreigner’s perspective, we made more money than the Japanese because the yen was going up. You get a 20% profit on the end, plus the stock market went up. So that explains bubbles. Right? Because the concentration of capital in the AI right now explains the bubble.

So anytime there’s a concentration of capital, you have that bubble where it, it’s artificially higher than it should be. Yeah, because you know, it’s. Everybody’s buying the same thing, but it’s global. Okay. So like I speak to people in, in Germany and they’re all like on Nvidia, you know, this is just the way it is. It’s there. It’s a global market. And I think all the regulators, the politicians, they don’t understand that. They only look at it from a domestic perspective. And that’s why I said that conference I had spoken at, I think it was CompyTrack conference in the early 80s in Chicago.

And Milton Friedman came to listen to me and I’m just done. He said this. Best speeches I’ve ever heard. Suck out his hand. Milton Friedman, I said, yeah, I know who you are. And then he said to me, you’re doing what I just dreamed about. And I’m like, huh, I’m just a traitor. You know, it’s. And then we became friends. And he had written in 1953 about a floating exchange rate and how it would function, that the currency puts checks and balances on governments. And that’s exactly what was happening. You know, I get called into, you know, Margaret Thatcher because it’s the currency.

You know, Lebanon came to us asking us to build a model in Lebanese pound. Tokyo. I mean, I was called in by China for the 97 Asian currency crisis. It was currency that bank of China said, would you please come over here? So I’ve been everywhere and Swiss central bank. But it’s always currency that brings me in. It’s not stock market or gold or even interest rates or something like that. So Milton’s original theory from 1953 is correct. And that’s why he came to listen to me and said I was doing what he just dreamed about.

And are you interested, Are you finding that people are paying attention to you more? Because we’re in a currency reset environment right now. Like, people are looking to see that the dollar’s past its life, right? I mean, how much longer can the dollar go on? Currencies don’t last this long. When you start getting into this issue of war. Even Sun Tzu said no countries ever benefited from perpetual wars. And at the core of it, nobody seems to understand this. You know, the national debts go up. You know, the Democrats then say, oh, the rich don’t pay their fair share.

And then they always want to raise taxes. All right, for what it’s going to continue. This doesn’t solve it, okay? They don’t. Look, what’s driving this? It’s all these wars. 3 trillion for Iraq and then they don’t pay it off. We’re still paying interest on World War I. Well, it’s just so expensive. And Ukraine is suffering, trying to figure out ways to raise money to just keep buying their drones. You wrote an article about how they’re actually looking to tax, make it legal and tax pornography. You can’t make it up, right? I mean, it’s just incredible.

What’s next? You’re going to have attacks on sex with your wife or something? I mean, I mean, it’s just getting desperate. They, they, you know, Zielinski, I think, is just a puppet because the mint’s agreement was, you know, the way for peace. The Don Bosch, you know, should have been allowed to separate vote etc. That’s the way Yugoslavia broke up, according to ethnic lines. So you got Croatia, Serbia, etc. And I believe that Europe and NATO instigated this whole thing with Ukraine and they wanted war because you can look up and you’ll see that Merkel, I think it was with Darrin Spiegel, but it’s been published so many times elsewhere, when she was asked, why didn’t you enforce the Minsk agreement? And she said, we never intended to.

We were just buying time for Ukraine to build an army. So you signed a peace deal with Russia and then you reneged on it. Why would Russia even trust you? Ever trust you? Europe is. Is got its own agenda here. And, well, isn’t that why. Isn’t that why people don’t trust the United States? Because every four years we get a new president who has a completely different agenda, a completely, different, you know, geopolitical ambitions. And right now what we’re hearing is Iran is holding off in order to. Holding off on. They can’t really continue, but they’re holding off as long as possible because they want to help the turnover of the US Elections.

Is that true? Oh, yeah. I’ve said this for. For months. And now finally, Trump just came out and said, okay, fine, oil prices won’t go down until after the midterms. And he basically chalked off any kind of a peace deal. Look, what they’re doing is reverse regime change. And again, why people don’t understand this is beyond me, because in 1979, that’s what they did. They held the hostages until the very first day that Reagan won. They released them. It was to cause regime change in the United States. They wanted Carter out. Right? And they wanted somebody else in.

They wanted the other party. They wanted the Republican Party in and the Democrats out. This time, they want the Republicans out, the Democrats in. Mainly because these neocons, they. They really don’t care about the country. They don’t care about the economy or anything. I mean, if you look at. I mean, I know Bill Kristol, his father started the whole thing. He even spoke at one of our conferences. I helped him actually start his Weekly Standard. I took the back cover. You know, I was his first advertiser. I thought he was an economic conservative. And then you begin to realize, I had conversations with him, and he wrote the book about to go into Iraq, all right, you know, to support Dick Cheney and the rest of it.

And. And I said, why? You know, what’s going on here? And it was basically, take Iraq, then we’ll go into Iran, Syria and Libya, etc. And remove all these dictators and bring democracy. This is the. I heard. And I said. Well, they were all saying. And that’s what the general was on talking about it. Yeah. Eventually Leslie Clark came out. Yeah. Wesley Clark. Yeah. But he, that was after 9, 11. I was told that going back to the 80s, that makes sense. 10 years before. So it, it was always some sort of a plan to begin with.

So. But at that time, was it more the Democrats that wanted to go in and do that regime change and now it’s more the Republicans that want to, or is it always been the same class of people that just go across both parties? Exactly. That’s what happens. If you look at Bill Kristol, he destroyed his Weekly Standard because he was so anti Trump. He was anti Trump because he thought Trump was a peacenik. This is. They go wherever the power is that will allow them to create war. You look at the Biden administration, you have Lincoln, Victoria, Newland and Garland.

All three. Look up their backgrounds. All three claimed they came from the Balkan Ukraine area. All three claimed that their families were persecuted by Russians. How do three people with the same background end up in the same administration? This is not coincidence. No, it’s not a conspiracy theory. These people weasel their way in. You take John Bolton. He ran and joined the National Guard so he didn’t have to go to Vietnam. And his excuse is, well, I knew the war was really going to fail anyhow, so I mean, it’s okay. He’s the biggest warmonger, but he himself would never go to war.

Exactly. It’s always the same. You know, I met Dick cheney, you know, McCain. I mean, when I shook hands, honestly, I felt that needed a shower. It’s just the way it is. It’s. They don’t really care. They want to go to war. Now, do they have an overarching agenda, do you think? I mean, you know, I’ve talked a lot about their people, you know, the One World Order and all this other stuff. Do they have an A1, an overarching agenda or are they just about making money and dominating regions? I mean, do, are they, do you think the majority of them think beyond that? I know that some do.

Some clearly have bigger picture agendas that I know that, but these guys, do they. I don’t think so. It’s just war to them. And I’m not even sure it’s money. It’s. I’ve tried to understand them and get into their head and all I could say is they grew up hating Russia because they were communists. And it was Khrushchev had said, we will bury you. That was a big philosophical war. It was, Communism was better than capitalism. And when communism fell all by itself because it was economically inefficient, they still kept up the thing against Russians. Back in 85 when I was called in down to D.C.

i know for a fact that they argued with Reagan not to go meet with Gorbachev and they couldn’t say he was a communist anymore. But they said that you can never trust a Russian. That’s what I was told all the time. It seems this is where I’m trying to understand because it seems that the party that is the most supportive of the Ukraine war are the Democrats, but they are also the ones where the communism is forming. So they’re anti Russia, but also communism is forming and they, they’re more in line with the, the Russian philosophy that they don’t like.

That gets back to the point where these neocons are really bipartisan. It’s a different group of people, isn’t it? Yeah. Look, James Carville just came out and said he’s no longer a Democrat because he’s against the progressive side. And I put up at our conference a couple years ago, I said look, the computer says the Democratic Party will split and basically self destruct probably by around 2030. Everybody thought oh my God, come on, how could that happen? Now all I get is my God, I can see what you’re talking about. I just want it to happen sooner.

But we’re seeing the self destruction of the Republican Party too right now. There’s a lot happening. Parties always divide like this. You start it was the Federalists that failed in, in the 1820s. Then it was Jefferson’s party, which was the Republican Democratic Party, which then split into Democrats and Republic. Then you had Teddy Roosevelt split the Republicans into the Progressive Party. They had a big convention for 13 and you know, you just go on and on and on. Just cause you’re a Republican doesn’t mean you agree with everything that Trump does. And 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 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, set up your kids and you want to set up yourself for having the most amount you possibly can in your portfolios. I highly recommend you look at the strategies that my friends at Ironhawk Financial do for my listeners. Go to sw hawk.com and get information.

They are professionals and they will help you understand what those strategies are. So that you’re looking at portfolios that are making twice, three, four times more than what you would have and paying a lot less in taxes in the process. Who doesn’t want to do that? Go to sw hawk.com and learn about it today. It’s so silly that they think that half the country is going to agree with, like, a whole agenda. It doesn’t make sense, particularly when it starts getting to be not productive. And, you know, in the tariff stuff, like, you can see that Trump is acting out of what he was taught in school from back then, too.

You know, I mean, when I went to school, it was always Keynesian, Keynesian, Keynesian, you know, and making America great, bringing jobs back. That was all very Marxist ideas back then. Unions and things of this nature. Whereas the reality is that he’s forcing you to pay more, subsidizing somebody else to be overpaid for a job they shouldn’t have. What do you think about, like, the Canadian tariffs, where they’re terrifying. They have tariffs on us that are a couple hundred percent on certain products. And what do you think about equaling out those terrorists to, or doing something to say, hey, these terrorists, what the hell are you doing to us? What do you think about that strategy? Canada is.

It’s worse than that. Canada doesn’t have the same protections that we have in the Constitution. Like California can’t put a, a tariff or trade restrictions on New York. In Canada, they do. Every province has its own tariffs and restrictions against everybody else. Oh, geez. So it’s not necessarily Canada. Federally. It’s a real mess. All right. You know, I know Canadians, and because of Trump’s war, they go, you know, we should really thank Trump because we didn’t know all this stuff. We didn’t know that. But are they okay with Trump’s, I don’t know, is he serious about turning Canada into a 51st state? I do know that he wants to create a, like the eu.

He wants to create a North American region. I mean, they’re talking about it. The problem is, I don’t know how much of this he’s taunting constitutionally. All right, it’s in Congress, and it would have to be for Anybody to enter as a state. Now I’ve spoken to, I can’t say who in Washington, but because I was dealing with Alberta and I’ve spoken up there Calgary a couple times etc and I said look, 51st date is nonsense. Okay? Even let’s assume Congress would agree and they can enter as a state. The Democrats would then say okay, that’s going to change the balance of power because then they get two senators, okay, they’ll probably vote Republican.

So the Democrats, I can tell you have already said if that were ever happened, they want Puerto Rico, guan and Washington D.C. you think Canada would vote Republican? Alberta would. Okay, but yeah, okay, I was gonna say I don’t think so, but yeah, okay, Alberta is more of like the Texas of, of okay, Canada. They got oil, beef, more conservative than. It’s on the ballot for October 19th to actually vote for separating from Canada for Alberta too. Right. I mean this is, it’s. They’re really moving. They’re. They don’t they. Because I know in Canada people are just, just beside themselves.

Covid really threw a loop through people in Canada and then you had basically the attacking the truckers and you can’t cross unless you get a vaccine. And then even more outrageous freezing people’s accounts, you just don’t need. I mean it’s, it’s really. Canada ends up being a real mess. And so when you talk to people in Alberta, at least 40% say they want to get the hell out of Canada. Well, I just blame them. I mean I remember during COVID I used to think Canada was probably cleaner and better than or before COVID Canada was probably more better than the United States.

States as far as being just a just country and dealing with things. And the United States was kind of in the middle of Mexico was a freaking mess. Covet I was like, oh my God, people were escaping to Mexico and Canada was the worst. It was like everything was flipped. Look, I’ve dealt with the, I’ve even, you know, dealt with the central bank after 85. I was actually sitting in the central bank of Canada. They all had little red phones that connected all the G5 and one’s ringing like hell. I said, aren’t you going to answer it? Oh no, it’s the damn Germans.

They want me to buy more Deutsche mark. I get enough. I mean this is the real story behind these governments. Why bessant and stuff? I mean I’ve sat in these places. I mean I was a keynote speaker for the BIS in Paris. I had to sit at the front table the, you know, with all the heads of the central banks. So I probably have dealt with more central banks than anybody in the world from even being called into the People’s bank of China. You know, it’s so I, it’s all currency. You know, I don’t get called in because of the stock market forecast or gold or something like, or even interest rates.

It’s like what the hell do you think is going on now? That’s, you know, it’s. What are they doing? You know, it’s. And that becomes more and more important as with the world becoming smaller and smaller with the Internet and technology and the corporations are more global. What you do from a system wide global currency perspective is, is much more important. It’s become that way. It’s dragged me into politics around the world which I never. Like I said, the conference, you know, happens. You know, people ask me did you want to do this? I would if you would ask me if I wanted to be an advisor or what.

I would have thought what are you nuts? You know, but I mean this is the way the world is. It’s okay, well let’s talk about the capital flows. We’ll keep going. I didn’t mean to cut you off. You were going to talk about. No, I’m just saying that’s just the way it is. It’s. Milton was correct, it would put checks and balances on governments. When the pound fell to like 103 and in 1985 you know, they were going crazy. I advised Margaret Thatcher to keep the pound out of the euro and then they staged a coup to overthrow her.

But it was smart that they did that. Did they stay out of the euro because of some of your advising? Because it was one of the smarter things they’ve done. Yes. What happened? They staged a coup against Maggie and then they were trying to go into the euro because you had John Major and these other people that staged this coup and they thought the euro was going to defeat the dower and all this. So they took the pound into the erm and they overvalued it because they want, oh, Britain’s stronger, you know, all this nonsense. So then you get politicians deciding what they think the currency should be and it’s always self serving.

That’s why, you know, Soros made him shitload of money. It was overvalued and everybody was shorting it. Then because I advised Maggie to stay out, I no one that gets called in. So then I said, you overvalued the pound. I told him, I said, you have to devalue. And I was told John Major, when he ran for election, promised he wouldn’t devalue the pound. So it’s off the table. I said, this is crazy. You’re going to lose about $10 billion a day for I don’t know how many days straight now. And so I wrote down a little paragraph, I said, here, have them say this.

We’re going to allow the pound to float, to seek its own level. That got him out of his. That got him out of his thing. Okay. Have to. Also, what I’ve learned through my career, it’s how to deal with politicians. It’s the, it’s wordsmithing. That’s right. You know, devaluing, you make the decision. Allowing it to float the market makes a decision. I didn’t do it. They did it. You know, this is politics. In part, that’s why I get calling is I understand what you can get away with, what you can’t hold us. Well, let’s talk about.

You’ve been worried about the, the cash flows, the capital flows going into nuclear weapons. And whenever there is significant cash flows going into an area, that means that people are doing activity around it. And what the heck does this mean? It’s pretty scary, right? My concern is we have two lunatics. We have Netanyahu and Zelensky. Both of them are consumed by hatred. And I’ve got, you know, clips, they’re on my site. Zelensky standing up as a comedian before he was president, and he pretended like Soros to be a Christian, not Jewish. He was making jokes about confiscating assets from Jews and Russians and everybody laughing.

His wife is Christian. His children are baptized only when he became president. Oh, I’m Jewish. Why? So he could cover up the fact that he was part of the neo Nazis? Yeah, that’s the real truth. Okay. Netanyahu went to school and grade school and high school in Philadelphia. He hung out with the Crystals, used to be there at their families. It was Irving Crystal who started the whole neocon movement. Okay. I knew Bill, so I know, you know, he was a neocon from, you know, back then. And these two guys are not interested in peace. They don’t care about their country.

Netanyahu just came out and told Trump, you can’t negotiate with savages. So how do you get out of this? You, you really have to get rid of people who are too crazy to be able to. They hate so much that you can. They can’t be in the party of negotiating. They have to be removed from the party, the. That’s the only thing to do because they’re too nuts. Zelensky is the same way. He’s destroying his country because he doesn’t want to let the Donbas go. But the Donbass are Russians. You. In 2014, they were killing them on the streets just because they were Russians.

They fled into the trade union building. They set it on fire and burned them alive. I know. I saw them wonder why they want to separate. Gosh, they were so abusive to these people. They didn’t want them to speak their own language. It was terrible. Now, I. I have seen reports, and you published on it, that Germany is helping them find Ukrainian men so that they can drag them back out and put them in on the front lines of this war. It’s. Nobody really cares if one Ukrainian is still standing. At the end of the day, they’ve been using Ukraine as a cattle prod for Russia.

My concern about all this stuff is that we have three elections here. September elections are for the Duma. Now, Zelensky has already come out and said he was trying to influence the elections. It’s not going to be to the good side. You’re blowing up everything, refineries, etc. And you think they’re going to raise the white flag and say, okay, fine, you win. Now all the hawks are coming in. And I can tell you that what I am concerned a little bit about is that Putin was forced to change the definition of it’s no longer a special operation to protect the Russians in the Donbas.

The Kremlin has now come out and said, we are at war with Ukraine. And what. What do you think that. Why do you. What do you think the psychological or the political magnitude of that statement is? What does that change? Because I know he is being pressured by the neocons and, and in Russia and basically saying, when the hell are you going to take this seriously? That my understanding is internal to Russia. There’s a large growing group of people that want them to just freaking take it out, just be done. Exactly. And that’s my concern with Zelensky.

He’s got to know what I know, you know, and you are doing this in Russia, taking out refineries, things of this nature. First of all, the guy’s a real little, you know, I don’t know, he’s like a worm, in my opinion. But he doesn’t care about anybody but himself. He took out the Nord Stream pipeline because Russia benefits. So you’ve screwed the EU. You basically undermined Germany, which was 25% of the economy. Their economic growth is now down from 4% to 0.8. They’ve effectively lost their car industry. Yeah, they were dumb enough to sell their car industry to China, but keep going for their BMW.

So now he’s attacking all the refineries in Russia. When Trump lifted some sanctions to help the world on oil prices, he said, I don’t give a shit, and started attacking the refineries. So now what do we have? We have a, a real energy crisis. Not in crude, although crude’s back up to 100 bucks or whatever. That’s fine, but it’s more of an energy crisis in refined products. Diesel is a serious shortage. And the way you refine these things, you got to be set up to do jet fuel, then you can’t do anything else. Then you got to recalibrate everything for, you know, for diesel, then gasoline.

You can’t do all three at the same time. All right, and take Canada for example. Part of the reason Alberta wants to leave there’s. They don’t even have a pipeline from Alberta to the east. Okay. Alberta is a different grade of oil. The refineries in the east of Canada are set up to refine the lighter crude from Saudi Arabia. So they have to still import oil. I mean, it’s just. I mean, you can’t make up this stuff is how stupid it is. It is dumb. Well, so do you think that they would actually, with all the investment going into nuclear, tactical nuclear weapons, do you think they would use it, do you think Russia would use it to just put an end to this Ukraine war? And do you think that would spark something pretty bad? Look, the part of my concern is with Netanyahu in Israel.

He’s up for election again. I think it’s October 27th. He’s behind the polls. His opposition, he says they’re too weak to defend Israel. My concern is his entire life has been spent about hating Iran and I don’t see him getting on the horse and riding into the sunset. I mean, I just don’t see. So you think the bigger risk is Israel doing something to Iran? Yes. He’s been pushing Trump to do something. And what I can say now because I think it’s out. They have refitted White Sands, the testing area for conventional. They’re coming out with a the next generation for the bunker busting to be to go down deeper and more effective simultaneously because the new the START treaty expires.

The neocons are saying that China and Russia are violating the treaty anyhow and are testing low Yield nukes. So we should be doing the same. All right. Do we know that they are testing low yield nukes? Do we know that or is that an excuse? We don’t know because that would be underground. Okay. It’s not in the air. How much do you trust? I don’t want to say they aren’t because we can’t, we can’t prove it. But how much? They always use that as an excuse to go to war. There are other concerns, too. Congress has demanded transparency from Israel.

How many nukes do they have? Because there are definitely people beginning to question if, you know, if Trump doesn’t yield to Netanyahu, which I think he might not. Okay. But if he refuses to, and they don’t get these next generation bunker busters working, the fear is that Netanyahu, even if he’s going to lose, he would go out with a bang and he would use a, it’s a low level, hopefully low nuke to take out Picksax, you know, mountain in Iran. Are you seeing, are you seeing money flowing in that shows that they possibly could be. I mean, you said White Sands has been, that’s against Israeli.

A shekel since May. I’m sorry, repeat that. The dollar has been going up since May against the Israeli shekel. So it’s showing that capital is leaving Israel. There are concerns about him and that this may lead to a Middle east war in general. If he used a tactical nuclear weapon in Iran and took out some of the facilities, what would the rest of the region do? I mean, are they planning, are the capital flows, the money going in, showing that they’re planning for retaliation, expecting Netanyahu to do something? I believe so. They formed a Middle east version of NATO.

Saudi Arabia, which has the money, Turkey, which has the biggest military, and Pakistan, which has the Dukes. So all three have joined together. And so this is getting to be. And, and you don’t think, you don’t think before we move on to the other. You don’t think that they’ll side with Israel. You think they’ll side with Iran? Or do you think it’ll be like three different parties? If you look, you’ll see that Turkey’s already butting heads with Iran over Syria. I mean, with Israel. Israel attacked a base in Syria, which had to do. So you’re saying that they’re butting heads.

They’re not butting heads with Iran, they’re butting heads with Israel. Yes, I meant they’re used to Iran now that now it’s, it’s Israel and there’s been some intelligence suggesting that Turkey is now helping Iran. So it’s just a real mess though. The whole people keep switching sides and things of this nature but it looks as though they definitely seem to want a Middle east war and well, but do you think they’re switching once and for all to deal with Israel? So do you think that they’re switching to deal within Israel once or for all? I want you, I want to repeat what you just said, but do you think they’re switching sides because before they saw Israel as a, an ally of the United States, more of more level headed than.

And now with Netanyahu, not that they ever were, but with Netanyahu and they just like it’s more dangerous, Israel’s more dangerous now with somebody like that running it. They’re just, they have no discipline and that’s why we’re switching. I mean like they’re more of a danger than anybody else at this point. Yeah. And plus you have Oran Erdan in Turkey with his idea, his aspirations that Turkey used to be the Ottoman Empire. And so you’ll see that anything regarding Israel, he comes out to support whatever Arab country it is whether you agree or not. What he’s been trying to do is resurrect Turkey as the leader of the Middle East.

He definitely has the largest army. And this is part of the problem. You get these people and they try to relive the past or something. You know, France keeps trying to lead Europe like Napoleon and you know, it’s been Macron who always wanted to send troops into Ukraine and, and says oh Russia’s weak. See they can’t take Ukraine. We can go in and take, it’s, you know, they call them the Petite Napoleon in Paris. They should almost have a test if you have that aptitude, you shouldn’t be in a, shouldn’t lead a country if you’re psychopath like that.

They all seem to be. It’s, this is the worst crop of leaders I think I’ve ever seen and I’ve been doing this for more than 40 years. I mean I used to have intelligent conversations with Maggie and. Right. Any, you know, I don’t know any of them that I’d want to sit down with, shake hands and have a drink with anymore. It’s, it’s pretty appalling. I was asked if I would come over to meet with Starmer when he came in. I said no, thank you. It’s not like, you know, what are they going to do? Am I going to actually change their ideas? Not going to happen.

Well, you, maybe you’ve changed some ideas. You, maybe you think that you’ve changed Trump’s some of his rhetoric lately. And you, maybe you could. I’m just throwing it out there. You, you might be able to, you know, it’s, it’s, it’s not changing. I, I think he. All right, fine. He had to admit what I’ve been saying. True. He had to admit it was true. You didn’. Change his mind, but you might have. Look, I don’t know. It goes back and forth. I mean, when I was called in and they said they wanted to give me a briefing on, on what they were doing in Russia, and then they asked me to write a.

The peace plan and I said, excuse me. And then they asked me to get, to get on Putin’s desk and use my back channels. And what I was shown at that meeting was the KGB had released and gave them their file on the JFK assassination. It was about, you know, about that big. And you want to look at it now? It’s. And very interesting. You know, was all. Basically, it was the CIA pretty much. Yeah. They know what happened. They then said to me, you do know what we’re asking you to do is what they killed Kennedy for? I said, yes, I know, but so I did.

I wrote it. I was surprised to be called in because they knew my position and they did say to me that they agreed that they would not be at war with Russia. They viewed it would be with China, mainly because they didn’t see Russia as expanding, kind of like we were talking about with Eridan. But China was expanding. China is very seriously with the BRICS nations and in Panama and all of Africa. And they’re doing quite a bit of expansion. Some people think it’s a healthy thing for the world. Obviously, the neocons, any kind of expansion is a threat.

Well, they’re the ones who started it when. This is part of my problem with Besson, you know, he just came out and said that the US can use its financial position as a tool. That’s what created all this mess. You have Blinken. Oh, we’re going to take. He took Russia out of swift. That was a red flag to everybody else. And then he had the audacity to say to China, if you help Russia, we can do the same to you. Okay, thank you very much for that. Heads up. And they create chips. Well, yeah. What would you do? I mean, okay, if we do this, they’re going to destroy us.

That’s what they think of us. So we need to protect ourselves. It’s going. It’s so obvious, the. These new cons. They think that because the United States has the biggest military and most sophisticated, we automatically win. And it’s not true. And I warned them, maybe they’re starting to listen a little bit that I said, if I was on the other side of the table, I would use Iran to drain your resources. The same as you viewed Ukraine against Russia. And what’s happened, They’ve used about two thirds of the military stockpile. And now they suddenly realize these things are so fancy, so costly.

We sent a $4 million missile to take down a $50,000 drone. It’s even worse than that. It’s like 20 to 30 million dollar missile for a 10 million or a $10,000 drone. I don’t know. I might have the wrong numbers, but it’s bad. Look, this is how Germany lost in World War II. They were meticulous about all the equipment that they had. Yes, it was the best in the world, okay? But they couldn’t produce quantity. And us was turning out jeeps left and right. You know, we beat them as a, really, as a war of attrition.

All right? And we’re more nimble, right? We were more nimble. We changed the factories over to create what we needed. And we were just more entrepreneurial. Right? More guerrilla warfare, kind of in every area instead of being this monolithic bureaucratic thing. Look, this is, it’s a. It’s a military lesson. Throughout history, you had pirates attack Rome, okay? And that’s where the term pirate victory Rome was this fledgling thing. Pirates basically had two problems. One, yes, he had a bigger army, mostly mercenary. He made that foreign exchange mistake. He guaranteed their salaries to get them to fight for him in a foreign currency.

So he couldn’t even debase the currency to pay the troops. Okay, Rome could debase its currency, all right, to pay. And they reduced their coinage by about 25% weight. And they fought a war of attrition. And Prime Pyrus was bigger. He lost. And that’s where it says, another victory like this, and I won’t be standing. He lost so many of his troops, but that’s why they call it a pyric victory. You win, but they wiped you out. Exactly. And I warned them this is what Iran would do. They were planning for this war for 20 years.

They had the biggest, you know, stockpile of drones and ballistic missiles. And. And some didn’t like it because I thought, you know, I publicly even said on stage in Canada, I said, I would have secured the straight of Hormuz before the first, you know, bomb fell. That’s. Yeah. And because every war simulation I saw, Iran always took the straight. Quick break from the program to share with you something amazing. This is called sloop. It’s actually Slupp 332 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.

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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 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 in interested, interested in this, I will have a link below so you can try it yourself or go to sarah westall.com under shop. Remember to use the code Sarah to save 10%. Well, let me ask you, some of the people are pushing back and saying, well, this is the grand strategy. They’re wanting us to not be dependent on the straight and they’re rerouting oil all over to these other route and trade routes and we’re not going to be dependent on the straight at Haru anymore. Is that a reactionary narrative to combat the negative or is that possibly true? No, it’s just, just propaganda.

I mean the U.S. i mean, hold on one second before you start. You just say it’s propaganda but in some ways it’s. And I want you to explain this or talk about it in some ways, even if it is Propaganda. It, it could be a good byproduct, but keep going. Now say your thing. No, look, you have the real problem here is that it’s not just the strait. Then you have Zelensky attacking the refineries in Russia. All right, that’s the real. It’s the shortage in refined products. Okay. We’ve drawn down a lot of the supplies and they’re saying that without a lot of data, really, the U.S.

you know, we had shortages back in the 70s. I mean I remember I had to go buy a Ford Pinto station wagon because you got two bucks and it was every other day if your license plate was even or odd. I couldn’t even get to work. So I had to go buy a four cylinder Ford Pinto just to be able to drive to work back then. So we’re not in that position. We are mostly self sufficient. That makes sense. We just aren’t. But the rest of Europe is. Right. And so we’re forcing Europe into a bad situation.

That’s the other thing people are saying is we’re forcing this, the city of London’s hand at this point by closing the straight when we’re not even really dependent on that area. Yeah, I mean that’s, it’s not just there. The danger is that trying to was getting most of the oil out of Iran. And Iran is really playing 3D chess. I’ve seen the proposals. Put a pipeline through the straits so that they basically can’t attack tankers anymore. But then you have the Houthi attacking through the Red Sea, Saudi Arabia, which was an alternative route to get out Iran.

They’re Persian. They are far more sophisticated than people realize. They’re not Arab. And what they understand, as you know, we have offices in Dubai. They sent more missiles and drones at Dubai than they did Israel. Why? Because Dubai is the financial capital now. All right? The Swiss shot themselves in the head and the foot simultaneously I think by confiscating anybody who any Russian. If you owe you new Putin, that’s good enough. So anybody with smart money, you know, the smart money got the hell out of there. Switzerland is no longer trustworthy. So the money moved to Dubai and Singapore.

We also have offices in Singapore. So we got boots on the ground seeing this stuff. And so closing the strait is more than oil. During COVID oil went down to $6.50. So all the Gulf states had to borrow extensively or go broke. So they all now have big national debts. Iraq signed an agreement with China. If they default, China gets their oil wells. This is much more complex than People realized. So Iran, by shutting the strait, they know that’s not going to do anything to us. Yeah, it makes the gasoline go up, fine, but it doesn’t create shortages.

All right, but it doesn’t do anything to us economically. They know that. They. But what it does do to us is it depletes our military coffers and forces this Democrat overturn that they’re trying to create, and then it puts economic pressure on the rest of the region. Those are the side issues, but I’m talking about the economic side. All right. By closing the strait, it means the Gulf states can’t sell oil. If they can’t sell oil, they can’t pay their debt. If they can’t pay their debt, they default. That goes back to London. Yeah, so. So from economic, from an economic standpoint, it hurts London, it hurts China, it hurts that region, hurts Germany, and then that whole thing.

But how they hurt us is through these other factors. Let me ask you, is there, you know, the Panama Canal trade route, important trade route, just like the Strait of Hormuz, now the ice cap has broken apart up on Greenland, and now there’s a, you know, back up on the North Atlantic, and now they can get ships through there. And they’re saying. One of the reasons they’re saying that Greenland is so important for Trump is now it’s a trade route up there, and now we don’t have to rely as much on the Panama Canal. And that’s why Trump cares so much about Greenland month.

What do you think of that? I mean, look, that has opened up. It’s cyclical. It’s been open years ago and then froze again, then opens up again. You know, that’s been the way it is, but, you know, for thousands of years, it’s. They can’t keep it open. They can’t, like, blow it part up and keep it open. No, it’s. But Greenland is. Has always been important. When I had started rca, they had all the government contracts back then and computers and stuff, and that was pretty much why I ended up, you know, kind of quitting. Most people don’t realize, but RCA had really all the contracts coming out of World War II with the government, and they were actually bigger in computers than IBM.

IBM was. The Star was a typewriter company. And they made the, I would say, the first corporate stupid decision I ever saw. They thought the computer, which was the size of a room back then these things were like seven, you know, $7 million a population, and integrated circuits just came out around 67 or so. And we knew back then we would be able to reduce one of these machines to a desktop. This is all before Microsoft, Lotus, everybody. And so the question became, from their perspective, okay, fine, but what’s somebody going to do with it? I mean, they didn’t understand.

God, that shows you how dumb it is. Yeah, but also they judged it by the radio. You can see, you know, back in the 20s, the radio was a wooden cabinet and the family would sit around listening to the fireside chats and stuff. So they saw this, you know, unit basically, and a wooden cabinet and everything. It got down to a, you know, a 5 and 9, you know, crystal set for a kid. So they thought the same thing would happen to computers. So they thought they were ahead of the game. They sold their computer division to IBM and Univac.

They were keeping the government installations. The married guys were being offered London, Hawaii, Paris. I wasn’t married. I was being offered Thule, Greenland, Guam or Vietnam. They don’t do that stuff anymore. They don’t. They don’t care if you’re married or not anymore. Well, what it was was that it was tax free. But they would drop you off back then in Thule, Greenland, and they could only get a plane in once in a while because of the weather, so you had to stay there a year. I spoke to a couple guys. I said, what did you do? Because it’s not that you had a job to do every day, you just had to be there.

Because that was norad. I can talk about it now, because it’s not, you know, top secret stuff, but that looked at the top of the globe in case any missiles from Russia came. So they needed. They would drop you off there. It was all tax free. You had to stay a year and a day. But it was. You were there just in case something happened. Not that you actually had a job, you doing something every day. And I asked because one guy did two terms there. I said, what did you do? And he said he watched the Same movie probably 20 times and played darts and cards.

You decided against it? Yeah. My father wasn’t very happy with me because I said, heck with this stuff. I’m going, I want to go back to trading. But that’s why I was saying at that conference, you never know. So I had to go through engineering school. Back then you had to do hardware and software. All right, So I had to do both sides of the computer. What is it? What is your degree in? I guess computer science. I’m not really sure because I know when I was. I have a computer science degree. 10 years before. Only 10 years before my degree.

The computer science department was the mathematics. Mathematics department. So you might have been a computer engineer. I don’t know. Things change so much then. Rca it was, they funded their own school kind of like Microsoft does. Okay. Because these things were too expensive for a university. Nobody had that. So back then you were just. Maybe these machines were in play five, six years before then. It was vacuum tubes, design of the size of a field, you know. And those punch cards. Yeah, and yeah, I used the punch cards back then and stuff like that. And I can tell you they would always want more.

What we called idiot lights. So you see an old James Bond movie and these big things and they’re flashing. You know, you sell one of these things for 7 million bucks and the guy would bring his friends in to be impressed. They go, is it working? You know, so you had to put idiot lights would just flash. Oh yeah. Those lights were. Didn’t have any meaning. Just like the telephone, you know, the dial tone. Do you know the dial tone is, is an idiot light. It’s only there for the people to feel to. They don’t need those dial tones.

Right. It’s, it’s, you know, we just called them idiot lights back then. It’s more idiot lights. More idiot lights. But it was interesting. But that gave me the background in computers. So then when I went into trading, I said, oh gee, I could write a program to do this. So that got me started off onto the whole computer side. And then that’s why you never know what you’re in life. When I was leaving that I thought, boy, that was a waste of time. And it’s, it’s. You end up using different things through life that you don’t really.

You said, what the hell am I doing with this? I don’t know. But collectively ends up. It works out. Yeah, it’s. It’s got involved in banking, sat on the boards. Okay, fine. You end up learning each field. Yeah. And, and so it’s interesting. So you know how all this stuff actually physically works, you know, behind the curtain. So it’s a lot more, you know, a lot different. Like banking used to be more of relationship banking. No more you have one guy went to. He knew your business was relationship. Now it’s like what’s your numbers? That’s it.

Yes or no? Nobody really cares. That’s right. Everything has. Well, okay, you have a conference. It’s one of the most impressive com conferences there is. I remember I was when I went to your seminar I also met up with Andy Shekman, and he’s like, oh, Armstrong. He every. You’re. Everyone in the industry knows who you are. So I’m like, this is great. I think this. Cool. So tell us about your conference. I used to. Because currency took me all over the world. We used to go and do small little seminars. 25 institutions or something. So I would go to Toronto, then Vancouver and London and Berlin, and I was doing one in Zork, and a Canadian client flew over for that, and I said, why’d you come here? I do them in Toronto.

And he said, I wanted to see what you’re saying here. And it turned out to be really interesting because the currencies back then were moving like, you know, 20, 30%. And so he was. I forget he was talking about gold or something. And I said, yeah, you should buy. Then the Swiss guy goes, yeah, but if I did that, I would lose. I go, you’re. You’re right. You buy, but you sell. So then they said, you know, this is really interesting. You should have a conference where we all get together. I said, okay, fine. We’ll give that a shot.

So that. The first World economic conference was 1985. I still have the videos from it. We had the guys in white robes from the Middle east, the. From UAE and Saudi Arabia. Then we had the. The garment industry from New York, and the Hasidic Jews dressed in black. Everybody was coming from every. Every which country. It was very fascinating. I remember a Canadian saying, you know, why would anybody want to invest here in Canada? It’s thorough. And the guy from Saudi Arabia says, you got all the water. So everybody’s got different perspective. And so that’s what started it.

And it was kind of like, you know, Klaus Schwab basically copied us and started his Davos in 87. But it was. It was kind of like a mini UN sort of thing. And everybody was, like, amazed that we had Hasidic Jews and we had arrows at the same place. I said, we all get along. It’s all right. But that’s what they’ve developed. And it’s been interesting because you get to meet people from every which, you know, walk of life and around, and a bunch of central banks and people there. So, I mean, there’s. There’s probably at least, you know, close to $10 trillion in the room.

It’s everywhere. Do you have a lot of speakers at your conference? You have a list of. I assume you have a lot of people that I just don’t. We go over largely Go through the com. We make sure an awful lot of reports that we put out. And it’s more of a review of the entire world, what each country is doing so we can see which ones are going up, which ones are going down. And because, you know, it’s an international audience and rather than just domestic. Yeah, Al going to do Leon, that’s like, you know, you’re like the.

The premier organization, premier company organization. I don’t even know what you call yourself anymore at what you. Reese Research organization really is what you are. Research company. You’re the premier research company in the world for looking at global economics and currency where what the currencies are doing. Yeah, it’s okay. So you can read what Milton Friedman wrote in 1953. And when he said to me I was doing what he just dreamed about was, I didn’t think of it back then. I say, I’m just a traitor. You know, it’s. But it’s. He hit it on, you know, the nail on the head.

It was. I cut, you know, I was called in by, you know, China during the Asian currency crisis. And so I go over there and I said, look, the capital flows have shifted. Everybody’s trying to get back into Europe for the. For the coming euro next year. And they even came out and said, we use capital flow analysis. They’ve adopted what we do. And it was funny because I was the first one in the west ever invited by the central bank in China. And so when I got back, Treasuries calling me, Feds calling me. What was it like? So I stuck the knife in their back and I turned it and I said, you know, very interesting.

They only hire people with experience. They had sent these guys out and worked on the dealing desks in New York, Tokyo and London. Then they went back to run the central bank. And so I was surprised being called in. Usually you want some academic from Harvard or something. And when I got there, I went because I wanted to see the goal, you know, the Great Wall. And I got there and I was absolutely stunned. They read everything I did. They were all traders. Then I understood why I was called and they understood the capital flows. And because, you see, after Tokyo in 89, that was the big bubble.

Then capital went to Southeast Asia. Then all peaks out in 94. Then the capital’s starting to move. You got the euro coming in 98. So the capital starts to move. And then as they begin to see, oh, the euro’s the place to go, the money starts moving. So then you end up with a 97 Asian currency crisis. But you also end up with the collapse in Russia, which was another emerging market. Okay, so it was a big shift from investing in emerging markets to, oh, we got to be there for the euro and the capital moves.

Then that blows up. Okay, what’s next? This is the way it’s creative destruction, as you talked about in your seminar. I mean, like I said, just read Herbert Hoover’s memoirs, 1931, and what he describes how each country would default the next, the next, the next. And he said the Capitol acted like a loose cannon on the deck of a ship, shooting off in every which direction so fast. He said we couldn’t form a committee quick enough to figure out where it was going next. So he was the first politician that understood the economic side. He saw it.

So I, I was very impressed with what he wrote. But that’s what I see. You see just capital going in all these different directions. But that’s how you predict what’s really going to happen is because the capital flowing tells you what’s going to happen. So can people join? Can an average person go to your conference? And if they want to, how do they sign up and go? Yeah, it’s all on the side. We’ve, we have opened it up. So basically we used to be just institutional, but I figure we’re going into hard times, etc. So. And we have, so it’s open to everybody.

More people are interested in it. You have so many people that follow you and want to learn more about what’s going on and are more astute to what’s happening, especially with so much happening with the dollar and geopolitically, people, people are more becoming more informed than they have in the past. Yeah, I mean, that’s why I did that one conference and I did the book on, I won’t say which university, but one of the top five invited me to lunch. So I went, I said, yeah, what’s going on? And they actually asked me if I would teach.

And I was really taken back. I said, excuse me. I said, I don’t really want to teach some classroom, you know. And I asked, I said, why are you even asking me? And they actually said to me, I swear to God, we know what we teach doesn’t work. And I was like, okay, and you’re charging people like 50 grand a year for a degree in economics. But I think that’s kudos to them. It’s probably into just individuals saying that, right? That they would be drop their ego and say, hey, it needs to be better. And it wasn’t just me.

They, because they said, I guess they had asked other people and because they said to me, nobody wants to come back. I said, well, when you’re running billions of dollars and stuff, like I said, it’s hard to just like step back and you’re going 100 miles an hour and go zero, you know, it’s something you would retire to do. Right? Well, that’s why I did this conference. I promised I would. I did that book, the. Actually I got one here and this one and it. Understanding the world economy and what’s interesting, Completely sold out. I think we have another whole printing coming in tomorrow.

And I was sold the most of that sold out already. So I mean it’s been very well received. And so, I mean that’s encouraging because I’m 76. I’m just doing it to say, okay, fine, this is what I’ve been here for. It’s yours. So let me, you know, Scotty can beat me up anytime. Let me get the hell out of here. Well, I hope not. 76, you could live for another 25 years strong. I don’t want to go out and die. I don’t know what’s strong once you get over 100, but you could live a good 20 years.

I know most of my family are always at 99 to 103 and it’s like, you see, my mother always kept her, you know, her wits about her. So that was good. But yeah, I, I don’t know, I just never wanted to go out and in diapers per se. That’s why you have to look at the anti aging stuff. You got to look at Peptides, you got to get on all that stuff so that, so you don’t go out in diapers. Muse cells. I’m going to be doing something with muse cells. That’s just a teaser people don’t need to know about.

It’s not even available yet, but it’s going to be. Well, you can let me know. You. I will definitely let you know. Anyways, okay. Martin Armstrong, the amazing Martin Arm. Thank you. We’re going to have you back and I appreciate talking to you. I appreciate these conversations. You are a legend and thank you for coming on the program. Well, if we can influence the next generation, then there’s hope for the future. We got to get rid of these neocons.
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