Full Transcript for Interview: Gerald Celente Warns: Dot-Com Crash 2.0 Is Coming

politicians are just pieces 70 00:04:04.909 --> 00:04:07.629 of scum that, again, steal your money and tell you 71 00:04:07.669 --> 00:04:10.750 what to do. So this is, you know, going back 72 00:04:10.789 --> 00:04:19.079 to what's going to happen. Is Trump going to end 73 00:04:19.100 --> 00:04:23.800 the Iran war? I don't think so. Because Netanyahu is 74 00:04:23.819 --> 00:04:25.779 going to do everything he can to stay in power. 75 00:04:25.819 --> 00:04:29.110 They're both in the same situation, him and Trump. And 76 00:04:29.170 --> 00:04:31.009 they're going to ramp it up as I see it. 77 00:04:31.670 --> 00:04:33.329 Scott Ritter is saying the same thing. 78 00:04:33.350 --> 00:04:36.790 And I trust Scott Ritter and General McGregor. They were 79 00:04:36.829 --> 00:04:38.790 right about this stuff from the very beginning. They were 80 00:04:38.810 --> 00:04:41.769 talking about the massive damage that was done to the bases. 81 00:04:42.329 --> 00:04:44.649 And look at how they covered that up until just now. 82 00:04:45.370 --> 00:04:47.769 The only positive thing I see perhaps coming out of 83 00:04:47.810 --> 00:04:51.750 this would be the impeachment of Hegseth. That appears to 84 00:04:51.790 --> 00:04:54.529 be high on their list. And he is certainly a 85 00:04:54.610 --> 00:04:57.680 target-rich environment when it comes to impeachment charges, isn't he? 86 00:04:58.689 --> 00:05:01.790 Yeah, again, they're going to be stupid to try to 87 00:05:01.870 --> 00:05:05.089 impeach Trump, which is a waste of time. And both 88 00:05:05.129 --> 00:05:08.189 of them, because you need two thirds majority in the Senate. 89 00:05:08.230 --> 00:05:10.389 They're not going to get that in either one of them. 90 00:05:11.050 --> 00:05:17.689 So going back to the about the. The Iran war 91 00:05:18.269 --> 00:05:21.819 and what it cost. Iran managed to cause billions in 92 00:05:21.860 --> 00:05:25.620 damage on U.S. bases in early stage of war is 93 00:05:25.740 --> 00:05:29.889 one of the articles in this week's Trends Journal. And 94 00:05:30.129 --> 00:05:32.990 another thing that's very important and why there's not going 95 00:05:33.050 --> 00:05:37.610 to be a peace deal is because, as we wrote 96 00:05:37.629 --> 00:05:42.689 in this week's economic update in the Trends Journal, that 97 00:05:43.310 --> 00:05:47.100 among some of Iran's demands are that the U.S. releases, quote, 98 00:05:47.800 --> 00:05:54.660 its frozen assets, including funds blocked in Qatar. Do you 99 00:05:54.699 --> 00:05:57.480 know how much the United States has stolen from Iran? 100 00:05:59.730 --> 00:06:00.870 I have no idea. 101 00:06:00.889 --> 00:06:06.689 Since little Jimmy Carter, the clown boy. Yeah. That was president. 102 00:06:08.250 --> 00:06:08.569 How much? 103 00:06:08.810 --> 00:06:09.149 How much? 104 00:06:09.889 --> 00:06:14.939 Over a hundred billion dollars. So they're not going to 105 00:06:14.949 --> 00:06:17.399 give that back. Number two,

this is, this is the 106 00:06:17.459 --> 00:06:17.899 quote from. 107 00:06:17.920 --> 00:06:20.339 They'll spend a hundred billion dollars on bombs before they'll 108 00:06:20.360 --> 00:06:22.240 give them back a hundred billion dollars that they stole 109 00:06:22.339 --> 00:06:22.639 one day. 110 00:06:22.759 --> 00:06:28.199 You got it. An end to us. This is, these 111 00:06:28.240 --> 00:06:32.680 are quotes. From Iran. And an end to the U.S. 112 00:06:32.759 --> 00:06:38.569 naval blockade of Iranian ports. End quote. Also to cut 113 00:06:38.649 --> 00:06:42.970 back its military presence in the Middle East. End quote. 114 00:06:44.269 --> 00:06:52.199 End to hostilities on all fronts, particularly Israeli attacks on 115 00:06:52.279 --> 00:06:58.459 Lebanon and Gaza. End quote. Ain't no way, no how, 116 00:06:59.410 --> 00:07:04.089 Israel is going to stop slaughtering people. They just killed 117 00:07:04.149 --> 00:07:06.560 another couple of people last night. 118 00:07:06.819 --> 00:07:07.199 Oh, yeah. 119 00:07:08.680 --> 00:07:15.800 But that's not news in Gaza. They've destroyed over 40 120 00:07:15.800 --> 00:07:21.829 villages in southern Lebanon. They've driven out over 1.2 million 121 00:07:21.889 --> 00:07:27.649 people out of their homes in Lebanon. And they're also 122 00:07:27.750 --> 00:07:30.850 stealing land in Syria. Israel is not going to stop 123 00:07:30.889 --> 00:07:32.769 doing this. There's not going to be a peace deal. 124 00:07:33.689 --> 00:07:35.660 The war is going to keep ramping up. That's the 125 00:07:35.699 --> 00:07:36.379 way we see it. 126 00:07:36.939 --> 00:07:39.579 I agree. You know, I've played a clip a couple 127 00:07:39.600 --> 00:07:41.420 of times this week. It was a clip that went viral. 128 00:07:42.019 --> 00:07:44.819 And the Guardian went to Israel and did some man 129 00:07:44.860 --> 00:07:47.120 on the street stuff, right? They got a young teenage 130 00:07:47.160 --> 00:07:50.000 girl and she's out there saying, oh, this is ours. 131 00:07:50.120 --> 00:07:52.029 We send them anywhere. Send them to France, send them 132 00:07:52.050 --> 00:07:57.250 to Europe or whatever. Just don't send them to Jordan, Syria, Lebanon. 133 00:07:57.430 --> 00:08:01.189 Those are ours, right? And this is really, she's saying 134 00:08:01.209 --> 00:08:04.310 the quiet part out loud. This is the general consensus 135 00:08:04.629 --> 00:08:07.970 in Israel. They believe that all of these different countries 136 00:08:08.029 --> 00:08:10.370 belong to them. And they're going to take them over. 137 00:08:10.769 --> 00:08:13.250 And they're not about to stop any of this stuff. 138 00:08:13.730 --> 00:08:13.889 Nope. 139 00:08:15.110 --> 00:08:17.209 You know, the one thing I see, Gerald, coming out 140 00:08:17.230 --> 00:08:21.449 of this that might be positive is gridlock. Just because 141 00:08:21.769 --> 00:08:23.790 of the egos of these two different parties. They don't 142 00:08:23.810 --> 00:08:26.569 want to see the other guy have any success or 143 00:08:26.629 --> 00:08:31.569 any claim that they can... claims for success. So they 144 00:08:31.629 --> 00:08:37.350 may just, out of reflexive competition, oppose each other. And 145 00:08:37.389 --> 00:08:41.940 I think gridlock is good. Unfortunately, the gridlock that Trump 146 00:08:42.019 --> 00:08:44.980 is enacting on us is really talking about our supply 147 00:08:45.019 --> 00:08:48.980 chains and the general economy. He's putting under a headlock 148 00:08:49.559 --> 00:08:52.639 and a gridlock. You've got an article about the U.S. 149 00:08:52.700 --> 00:08:55.970 trucking industry. Has hit the skids. Talk about that. How 150 00:08:56.009 --> 00:09:00.690 many trucking companies are going bankrupt because of Trump and 151 00:09:00.710 --> 00:09:01.210 his war? Over 200. 152 00:09:01.190 --> 00:09:05.509 Yeah. Over 200. And again, this is, look what's going on. 153 00:09:05.870 --> 00:09:09.740 One of our top trends this year is Gen Z revolution. 154 00:09:10.360 --> 00:09:12.620 And again, we put this out on January 2nd when 155 00:09:12.639 --> 00:09:22.700 we put them out. All over the world, Portugal, Italy, France, Spain, Albania, Tanzania. 156 00:09:23.409 --> 00:09:26.820 One country after another, young people taking to the streets. 157 00:09:26.840 --> 00:09:32.360 So now it's happening. Truckers in Italy, taxi drivers joining 158 00:09:32.799 --> 00:09:38.259 the protests. They can't afford it. They're going broke. So 159 00:09:39.080 --> 00:09:43.580 going back to this with the Democrats winning, will they 160 00:09:43.720 --> 00:09:47.440 end the Iran war? You got that guy that just 161 00:09:47.480 --> 00:09:52.080 got elected, what was it, Michigan, El-Sayed? Yeah, yeah. Right? 162 00:09:52.320 --> 00:09:55.730 He's against the Israel war, but he's pro-Ukrainian war. 163 00:09:57.269 --> 00:09:59.389 I'm not even sure that he's against the Israeli war, 164 00:09:59.409 --> 00:10:00.649 and I'll tell you why. when we come back. We've 165 00:10:00.669 --> 00:10:02.850 got to take a quick break here. At the bottom 166 00:10:02.889 --> 00:10:04.669 of the hour, we'll be right back with Gerald Slinty. 167 00:10:04.710 --> 00:10:06.909 Stay with us. Well, welcome back. And as we were saying, 168 00:10:07.450 --> 00:10:11.080 you pointed out this guy, Abdul El-Sayed, is a Democrat. So, 169 00:10:11.100 --> 00:10:13.700 of course, it's all about Russia, Russia, Russia. And he's 170 00:10:13.740 --> 00:10:16.200 not going to pull back from the Ukrainian war. I 171 00:10:16.659 --> 00:10:18.580 suspect that he's not going to even try to do 172 00:10:18.620 --> 00:10:21.639 anything Not that one senator can do anything, but I 173 00:10:21.629 --> 00:10:24.940 don't expect that he's really going to oppose what's happening 174 00:10:25.500 --> 00:10:28.679 with the Israeli wars, multiple wars as well. And I'll 175 00:10:28.700 --> 00:10:31.139 tell you why I say that,

Gerald. There was a 176 00:10:31.220 --> 00:10:33.720 commercial that was at the center of this dispute at 177 00:10:33.740 --> 00:10:36.730 the last minute. You have his Democrat opponent that he 178 00:10:36.750 --> 00:10:40.809 defeated in the primaries. She then endorsed him at that point. 179 00:10:40.990 --> 00:10:46.289 And then she suddenly flipped just before the election and said, 180 00:10:46.330 --> 00:10:50.450 I'm going to support Mike Rogers, a Republican. And as 181 00:10:50.490 --> 00:10:54.710 people were talking about that, part of the dispute that 182 00:10:54.730 --> 00:10:57.549 came out between them was the fact that there was 183 00:10:57.570 --> 00:11:03.500 an ad tying the Iran war to our economic problems 184 00:11:03.559 --> 00:11:05.759 in terms of the cost of gas and all the 185 00:11:05.799 --> 00:11:08.120 rest of the stuff. And that was a bridge too 186 00:11:08.179 --> 00:11:12.340 far for her, a Democrat, a standard Democrat. She criticized him. 187 00:11:12.399 --> 00:11:14.940 This is horrific. You need to denounce this. And he says, well, 188 00:11:14.980 --> 00:11:18.710 that's not my ad. I don't support that. He would not... 189 00:11:19.149 --> 00:11:22.250 state the obvious, the fact that what we're seeing happening 190 00:11:22.289 --> 00:11:28.009 in terms of the trucking companies going bankrupt, the massive inflation, 191 00:11:28.029 --> 00:11:30.379 price inflation that we're seeing in everything because of the 192 00:11:30.480 --> 00:11:34.179 transportation costs, what we're seeing at the gas pump, he 193 00:11:34.220 --> 00:11:36.120 could not say that. And so I look at that 194 00:11:36.139 --> 00:11:37.779 and I think, well, you know, this guy is just 195 00:11:38.480 --> 00:11:43.230 a phony opposition, controlled opposition. If he can't say that 196 00:11:43.250 --> 00:11:49.049 this war for Israel is not hurting us economically. Of 197 00:11:49.070 --> 00:11:49.990 course they're tied together. 198 00:11:51.070 --> 00:11:55.450 Yeah, again, they're all clowns. It's a clown show. And 199 00:11:55.470 --> 00:11:58.740 I have to tell you, I'm surprised that the equity 200 00:11:58.789 --> 00:12:01.559 markets have gone up so high. I would have thought 201 00:12:01.600 --> 00:12:05.860 the exact opposite would have happened. Because, I mean, when 202 00:12:05.879 --> 00:12:08.840 we were on the air, the Dow was up over 1,000 points. 203 00:12:10.679 --> 00:12:12.730 Well, I think everybody knows what Trump has done to 204 00:12:12.750 --> 00:12:15.570 the economy with his tariffs and his wars and all 205 00:12:15.610 --> 00:12:18.460 these other things. So I guess they're looking at factoring 206 00:12:18.500 --> 00:12:19.860 that in is all I can think of. 207 00:12:20.799 --> 00:12:25.299 Well, the reason being is that one of the reasons 208 00:12:25.440 --> 00:12:31.710 why that guy won in Texas and that Abbott Costello 209 00:12:31.769 --> 00:12:37.070 lost the governor in Texas is because the people are 210 00:12:37.149 --> 00:12:42.909 against these AI data centers. And that's going to be 211 00:12:43.009 --> 00:12:48.480 negative for the NASDAQ Because it's going to be anti-AI. 212 00:12:49.159 --> 00:12:51.490 That should have brought down the equity markets. 213 00:12:51.769 --> 00:12:52.789 Oh, they don't think like that. 214 00:12:53.629 --> 00:12:57.190 I'm just saying that's when you're looking at what's going 215 00:12:57.429 --> 00:13:00.909 on and why these people won. A lot of them 216 00:13:00.990 --> 00:13:06.139 won because of the opposition to these big AI data centers. 217 00:13:06.820 --> 00:13:08.639 That should have brought down the equity markets. 218 00:13:09.559 --> 00:13:11.820 And of course, Abbott was a big cheerleader of the 219 00:13:11.860 --> 00:13:13.740 data centers. And at the last minute, he tried to 220 00:13:13.840 --> 00:13:16.399 flip on that. And nobody believed him on that, I 221 00:13:16.440 --> 00:13:18.679 don't think. And I wouldn't believe him on that either. 222 00:13:19.200 --> 00:13:23.179 You have an article talking about traffic through the Strait 223 00:13:23.200 --> 00:13:26.039 of Hormuz. And of course, in the last week, we 224 00:13:26.090 --> 00:13:30.070 had Donald Trump and all of his cheerleaders and propagandists, 225 00:13:30.090 --> 00:13:32.590 people like Larry Kudlow saying, oh, you've done a great 226 00:13:32.649 --> 00:13:35.250 job and oil is flowing through the Strait of Hormuz. 227 00:13:36.529 --> 00:13:38.450 I played that clip and I said, yeah, it's flowing. 228 00:13:38.509 --> 00:13:40.690 It's just not in the tankers. The tankers are at 229 00:13:40.710 --> 00:13:43.669 the bottom of the strait. And you've got these massive 230 00:13:43.870 --> 00:13:45.669 oil slicks that are out there. As a matter of fact, 231 00:13:45.710 --> 00:13:48.929 these really big oil tankers that are out there have 232 00:13:49.090 --> 00:13:52.590 eight times the capacity of the Exxon Valdez. And they're 233 00:13:52.610 --> 00:13:55.549 sinking them left and right. Both sides are bragging about that. 234 00:13:55.929 --> 00:13:59.009 So talk a little bit about that. When, as Trump 235 00:13:59.029 --> 00:14:03.019 said after the election, that the Iranians are going to capitulate. 236 00:14:03.039 --> 00:14:06.120 Of course, we know that was a lie, absurd as well. 237 00:14:06.179 --> 00:14:09.840 That's not going to happen. But even if this were 238 00:14:09.860 --> 00:14:12.259 to end today, I mean, talk about how long it's 239 00:14:12.279 --> 00:14:14.960 going to take for us to get oil flowing back 240 00:14:15.100 --> 00:14:15.960 to normal again. 241 00:14:16.679 --> 00:14:20.399 Well, they're saying several months to a year. That's the 242 00:14:20.759 --> 00:14:27.279 information coming out from the international energy agencies saying that. 243 00:14:28.000 --> 00:14:29.519 And so it's going to take a while for it 244 00:14:29.559 --> 00:14:32.559 to happen. But

it'll be very positive if the war, 245 00:14:32.860 --> 00:14:36.620 if this war ends, it'll be very positive for the economy. 246 00:14:36.899 --> 00:14:37.090 Mm-hmm. 247 00:14:37.399 --> 00:14:39.000 It'll boost the people's spirit up. 248 00:14:39.309 --> 00:14:40.110 Yeah, exactly. 249 00:14:40.750 --> 00:14:41.789 No question about it. 250 00:14:42.070 --> 00:14:43.870 And so much of it is psychology, yeah. 251 00:14:44.549 --> 00:14:47.909 Yeah, but the other point is the Ukraine war is 252 00:14:47.990 --> 00:14:55.000 ramping up. And go back to 2022 when the Ukraine 253 00:14:55.009 --> 00:15:00.720 war began. What happened to energy prices? They skyrocketed higher 254 00:15:00.759 --> 00:15:06.019 than today. So if this war keeps escalating in Ukraine... 255 00:15:06.570 --> 00:15:09.429 it's not going to bring down oil prices that much. 256 00:15:10.690 --> 00:15:14.009 Yeah, and Trump said to Zelensky, he said, stop attacking 257 00:15:14.070 --> 00:15:16.309 the diesel facilities. We need to get more diesel out. 258 00:15:16.990 --> 00:15:22.919 And so Zelensky last week attacked three different refineries, Russian refineries, 259 00:15:23.059 --> 00:15:27.960 in three different days, right? So he's not paying attention. 260 00:15:28.019 --> 00:15:31.250 And yet Trump will keep sending them weapons, as you've 261 00:15:31.289 --> 00:15:33.610 talked about in the past. He could have stopped this. 262 00:15:34.070 --> 00:15:36.070 He could have stopped sending them weapons and bombs and 263 00:15:36.090 --> 00:15:37.509 all the rest of the stuff. And that would have 264 00:15:37.529 --> 00:15:41.490 done it. Look at the back and forth when, uh, 265 00:15:41.649 --> 00:15:45.509 when they lost Starlink or their star shield, the military 266 00:15:45.570 --> 00:15:48.230 version of it. And, uh, their plant, their drones just 267 00:15:48.269 --> 00:15:50.149 dropped out of the sky. I mean, all they got 268 00:15:50.169 --> 00:15:52.460 to do is just turn off their internet and they 269 00:15:52.500 --> 00:15:54.879 won't even do that. And so there was this finger 270 00:15:54.919 --> 00:15:57.600 pointing going back and forth between Musk and Trump as 271 00:15:57.620 --> 00:16:01.379 to who turned off their internet. And, um, and nobody 272 00:16:01.399 --> 00:16:05.039 went taking responsibility for this. And they, kind of look like, well, 273 00:16:05.059 --> 00:16:07.639 who's in charge? Nobody knows who's in charge of this stuff, 274 00:16:07.659 --> 00:16:10.259 but they could stop it. You know, they are really 275 00:16:10.460 --> 00:16:14.289 our surrogates. And so they're playing both sides of the street, 276 00:16:14.350 --> 00:16:16.870 just like they do with us when they run for office, 277 00:16:16.909 --> 00:16:17.210 aren't they? 278 00:16:18.049 --> 00:16:20.870 Well, look at the Ukraine war. I mean, according to 279 00:16:20.909 --> 00:16:27.580 Judge Napolitano, the United States under the Biden administration sent 280

00:16:27.639 --> 00:16:30.639 almost $ 300 billion of our money to keep the Ukraine 281 00:16:30.659 --> 00:16:36.120 war going. Yeah. And the Democrats are totally in support 282 00:16:36.539 --> 00:16:41.519 of the Ukraine war. And so is Europe. Again, we 283 00:16:41.539 --> 00:16:44.370 only put the facts in the Trends Journal about the 284 00:16:44.450 --> 00:16:50.490 money being spent in the UK, Germany, France, one country 285 00:16:50.590 --> 00:16:54.970 after another, and the EU sending more and more weapons 286 00:16:55.049 --> 00:16:57.549 and money to Ukraine to keep the war going. 287 00:16:57.570 --> 00:16:59.190 Yeah, that's right. 288 00:16:59.370 --> 00:17:02.789 And Russia has said, that if this war escalates into 289 00:17:03.110 --> 00:17:06.930 various areas of Russia, they're going to go nuclear. They're 290 00:17:06.950 --> 00:17:10.799 saying it. So there's not going to be an end 291 00:17:10.839 --> 00:17:14.099 to this Ukraine war, and that's going to keep energy 292 00:17:14.140 --> 00:17:19.160 prices going high. And as the Iran war goes, again, 293 00:17:19.259 --> 00:17:24.450 Israel's not going to stop. This is in our economic update. 294 00:17:25.450 --> 00:17:28.700 We write, We forecast that the United States will not 295 00:17:28.740 --> 00:17:31.829 agree to the Iranian demands for a peace deal, and 296 00:17:31.869 --> 00:17:34.529 both the United States and Israel will ramp up the war. 297 00:17:35.329 --> 00:17:38.369 This in turn will drive up energy, fertilizer, shipping, and 298 00:17:38.410 --> 00:17:42.829 other costs, which in turn will drag down economic growth 299 00:17:43.269 --> 00:17:47.380 and push up inflation. So it's not going to be stagflation. 300 00:17:47.430 --> 00:17:50.859 As we said, it's going to be dragflation, declining economic 301 00:17:50.920 --> 00:17:55.380 growth and rising inflation. You look what's going on around 302 00:17:55.420 --> 00:18:04.440 the world. they're raising interest rates in Australia, the EU, everywhere, everywhere, 303 00:18:04.579 --> 00:18:08.960 everywhere because of inflation. What that's going to do is 304 00:18:09.019 --> 00:18:12.339 drag down economic growth, but it's not going to do 305 00:18:12.579 --> 00:18:16.599 anything to bring down inflation. And when you look at 306 00:18:17.180 --> 00:18:24.140 the murderous acts by the politicians of inflation, just look 307 00:18:24.319 --> 00:18:27.960 in our lifetime. Again, when I was a kid, up 308 00:18:28.019 --> 00:18:31.509 until my teens, a slice of pizza and a soda, 309 00:18:31.509 --> 00:18:32.789 25 cents. 310 00:18:33.470 --> 00:18:37.309 Oh, yeah. Yeah. Yeah, it is incredible. I go back 311 00:18:37.349 --> 00:18:38.829 and I look at some of the things. I was 312 00:18:38.869 --> 00:18:42.829 looking at our diary that we had when we kept 313 00:18:42.869 --> 00:18:47.430 a diary. We got married. We went to the UK 314 00:18:47.470 --> 00:18:50.170 for our honeymoon. And so we were writing

down all 315 00:18:50.190 --> 00:18:51.630 the different things that we were seeing and how much 316 00:18:51.670 --> 00:18:53.990 it was costing to do things. And I remember we 317 00:18:54.029 --> 00:18:56.710 were dirt poor. Not only had we not started our 318 00:18:56.750 --> 00:19:02.329 jobs yet, but the exchange rate for the dollar to 319 00:19:02.369 --> 00:19:05.230 the UK pound was at a record low. And yet, 320 00:19:05.289 --> 00:19:08.410 when I look at those prices that we thought were significant, 321 00:19:08.470 --> 00:19:11.619 so astronomical they wrote them down, they were dirt cheap 322 00:19:12.759 --> 00:19:17.720 by any measure today. And yeah, it is incredible what 323 00:19:17.779 --> 00:19:19.680 inflation has done to us. And it's how they make 324 00:19:19.740 --> 00:19:22.000 us poor. And they monetize the debt. 325 00:19:22.970 --> 00:19:27.789 Look what they did with the COVID war that began 326 00:19:28.150 --> 00:19:32.119 in 2020. That's right. Printing all this fake money back 327 00:19:32.160 --> 00:19:36.859 by nothing and printed on nothing. Inflation skyrocketed. Oh, shut up. 328 00:19:36.960 --> 00:19:37.640 What are you talking? 329 00:19:37.819 --> 00:19:42.380 Hey, I'm little Jerome Powell. I'm some little piece of scum. 330 00:19:42.720 --> 00:19:48.029 There's no inflation. It's only temporary. It's only transitory. 331 00:19:48.809 --> 00:19:52.039 Remember that crap? How much have housing prices gone up 332 00:19:52.500 --> 00:19:52.779 since 2020? 333 00:19:52.779 --> 00:19:56.000 Yeah, yeah. They've killed the American dream, haven't they? 334 00:19:56.000 --> 00:19:56.279 53%. Yeah. 335 00:19:56.279 --> 00:19:57.420 53%. Again, let's go back to the election. 336 00:20:05.210 --> 00:20:07.950 The data's coming out now of how many young people 337 00:20:07.990 --> 00:20:09.950 went out to vote that never went out to vote before. 338 00:20:09.970 --> 00:20:14.019 They're broke and busted. That's why this guy Mondani won 339 00:20:14.059 --> 00:20:17.119 in New York City, Gen Z. They got no future. 340 00:20:18.440 --> 00:20:20.380 And you look at the Gen Z protests, one of 341 00:20:20.440 --> 00:20:28.490 our top trends in 2026, Italy, Portugal, Spain, Albania, as 342 00:20:28.549 --> 00:20:33.049 I said, Germany, one country after another. Young people taking 343 00:20:33.069 --> 00:20:34.170 to the streets. They have no future. 344 00:20:35.109 --> 00:20:37.410 That's right. Yeah, I've said many times, when you go 345 00:20:37.430 --> 00:20:39.940 back and you look at asymmetric warfare, the Pentagon, where 346 00:20:39.960 --> 00:20:42.779 they're talking about what was motivating the people, they said, well, 347 00:20:42.799 --> 00:20:46.740 they're not Islamic jihadis. They get into that after they 348 00:20:46.759 --> 00:20:48.920 get started. They said, what motivates them? What gets them started? 349 00:20:49.019 --> 00:20:53.019 Usually the leaders are people who were well off economically,

350 00:20:53.579 --> 00:20:55.460 and they had a future. And then we come in 351 00:20:55.500 --> 00:20:57.960 with a war, and we basically have taken that future 352 00:20:57.980 --> 00:21:00.619 away from them. They have absolutely no control over their 353 00:21:00.640 --> 00:21:05.509 future and no way, no prospects. And that radicalizes them, 354 00:21:05.549 --> 00:21:08.039 and that is the basis of their asymmetric warfare. That 355 00:21:08.099 --> 00:21:10.039 is what they're doing to everybody in every country, the 356 00:21:10.079 --> 00:21:12.740 Gen Zs that you're talking about. And then you add 357 00:21:12.779 --> 00:21:16.200 to the mix the uncontrolled immigration, and you really got 358 00:21:16.420 --> 00:21:20.420 a toxic Molotov cocktail that is going to be rolling 359 00:21:20.460 --> 00:21:23.779 through the entire Western civilization in the next few years. 360 00:21:23.819 --> 00:21:25.440 Because we're at the end of the fourth turning. They're 361 00:21:25.460 --> 00:21:26.779 really accelerating things, aren't they? 362 00:21:27.519 --> 00:21:32.170 Yeah. No, this is going to— and again— There's not going 363 00:21:32.190 --> 00:21:35.029 to be any difference with the Democrats. And again, it's 364 00:21:35.069 --> 00:21:37.539 going to be stupid crap. They're going to keep going 365 00:21:37.619 --> 00:21:40.319 after Trump. And again, I can't stand Trump. I can't 366 00:21:40.359 --> 00:21:41.140 stand any of them. 367 00:21:42.599 --> 00:21:46.240 But it'll be show trials like we've seen done over 368 00:21:46.259 --> 00:21:48.660 and over again. They'll be posing for the cameras. They 369 00:21:48.700 --> 00:21:50.680 won't do anything. They can't throw him out of office. 370 00:21:50.720 --> 00:21:54.769 They can't jail him, unfortunately. And so it'll just be entertainment, 371 00:21:55.140 --> 00:21:56.250 professional wrestling, won't it? 372 00:21:57.049 --> 00:22:00.210 Yep, and Trump says he's prepared to use, quote, tremendous 373 00:22:00.269 --> 00:22:04.200 powers if Democrats take control. He said that just before 374 00:22:04.240 --> 00:22:07.599 the election on CBS. Yeah, yeah. 375 00:22:07.759 --> 00:22:10.000 And, of course, they can't, they don't have the numbers 376 00:22:10.019 --> 00:22:13.380 to overwrite his veto. The only thing is, is that, 377 00:22:13.400 --> 00:22:17.460 you know, what Trump has been doing, especially this second term, 378 00:22:18.220 --> 00:22:23.630 is accruing tremendous powers, centralizing power into the office of 379 00:22:23.650 --> 00:22:27.329 the presidency. And even though the Democrats... like to have that. 380 00:22:27.509 --> 00:22:30.000 I think they might push back against him having it. 381 00:22:30.430 --> 00:22:33.069 And so it might delay that a little bit. But 382 00:22:33.130 --> 00:22:35.559 in the same way that when he was in his 383 00:22:35.599 --> 00:22:38.640 first term, he said, well, when it comes to banning 384 00:22:38.960 --> 00:22:40.779 bump stocks or whatever, don't worry about that. I can 385 00:22:40.819 --> 00:22:43.140 do that on my own. I'll just sign a bill. 386 00:22:43.500 --> 00:22:45.940 And so he set the precedent to do gun control 387 00:22:45.960 --> 00:22:48.829 by executive order. And it's just one of many precedents 388 00:22:48.930 --> 00:22:52.109 that he has set. But I think that they will 389 00:22:52.470 --> 00:22:56.029 push back against his phony emergency's that he's used to 390 00:22:56.089 --> 00:22:58.990 create tariffs and all these other things, saying that he's now, 391 00:22:59.049 --> 00:23:01.990 because it's an emergency, because he says so, that now 392 00:23:02.049 --> 00:23:05.410 he can do whatever he wishes and there's nobody to 393 00:23:05.450 --> 00:23:09.150 stop him. And of course, Mike Johnson was running interference 394 00:23:09.190 --> 00:23:11.079 for him and made sure that nobody was going to 395 00:23:11.099 --> 00:23:12.599 try to stop him. I think you might see that 396 00:23:12.779 --> 00:23:16.680 end just because of the partisan competition that you see there. 397 00:23:16.839 --> 00:23:20.279 So I'm hopeful from a standpoint of just gridlock that 398 00:23:20.319 --> 00:23:24.599 that might help. But Again, I expect to see different 399 00:23:24.640 --> 00:23:29.140 types of problems. And what is really happening with Gen Z, 400 00:23:29.200 --> 00:23:32.029 I think, is this kind of corruption that we've seen, 401 00:23:32.069 --> 00:23:36.250 the open-in-your-face corruption from the Trump regime, is really pushing 402 00:23:36.289 --> 00:23:40.930 them towards socialism. And I think we need to reclaim, 403 00:23:40.990 --> 00:23:43.430 I had an interview that I recorded yesterday with a 404 00:23:43.470 --> 00:23:47.130 guy who's the president of AEIR, and he just wrote 405 00:23:47.150 --> 00:23:51.579 a book about how important Um, and, and it is 406 00:23:51.640 --> 00:23:54.960 to have a, um, a free market economy and have 407 00:23:55.019 --> 00:23:57.160 the freedom to be able to make these decisions. Because 408 00:23:57.180 --> 00:24:00.220 if you take that away, you're on the road to serfdom, 409 00:24:00.339 --> 00:24:03.730 as Hayek said, and you're on the road to removing 410 00:24:03.769 --> 00:24:05.390 the rule of law and all these other things. We 411 00:24:05.410 --> 00:24:07.630 need to go back and think about how we got 412 00:24:07.670 --> 00:24:09.690 to this point. Why is it that we've had a 413 00:24:10.369 --> 00:24:14.849 freedom and we've had prosperity? It's because of a civilizational aspect. 414 00:24:14.910 --> 00:24:18.269 He said, if you want to lose your civilization. You're 415 00:24:18.289 --> 00:24:21.309 going to go into a command-control economy. And that's where 416 00:24:21.349 --> 00:24:24.930 both Trump and the Democrats want to send us. And 417 00:24:25.170 --> 00:24:28.430 so these kids who think they're pushing back against Trump 418 00:24:28.470 --> 00:24:32.720 because they

think that he is capitalism, they actually don't 419 00:24:32.740 --> 00:24:37.819 realize that he is a representative of a centrally-controlled economy. 420 00:24:38.519 --> 00:24:41.000 And so they think they're opposing him, but they're actually 421 00:24:41.460 --> 00:24:44.589 moving in the same direction. And the Democrats are openly 422 00:24:44.640 --> 00:24:48.569 now in... assuming the label of socialist. We had the first, 423 00:24:48.890 --> 00:24:51.410 we laughed about it because there was a link on 424 00:24:51.430 --> 00:24:54.630 the Drudge Report saying that D.C. had its first socialist mayor. 425 00:24:54.960 --> 00:24:57.220 And we said, there's not a chance that's the first one. 426 00:24:57.480 --> 00:25:00.480 Just the first one that openly embraced that label. And 427 00:25:00.500 --> 00:25:02.700 that's what you really see happening with Gen Z, I think. 428 00:25:02.740 --> 00:25:06.960 They are moving towards socialism and even Marxism in reaction 429 00:25:07.019 --> 00:25:08.880 to the corruption that we're seeing in the Trump regime. 430 00:25:08.920 --> 00:25:09.400 What do you think? 431 00:25:10.289 --> 00:25:14.059 They have no future. Again, it's global. Yeah. It's global. 432 00:25:14.119 --> 00:25:16.339 Look what's going on in France and all these other, 433 00:25:16.680 --> 00:25:18.339 they have no, again, we've. 434 00:25:18.200 --> 00:25:19.839 Talked about this. Well, a lot of corruption there as well, 435 00:25:19.900 --> 00:25:23.099 especially in Albania. I mean, everybody is looking at the corruption. 436 00:25:23.160 --> 00:25:27.039 Jared Kushner is like Mr. Corruption. They see their leader 437 00:25:27.099 --> 00:25:29.799 meeting with Jared Kushner. They know that something is going on, 438 00:25:29.839 --> 00:25:30.160 don't they? 439 00:25:30.940 --> 00:25:34.230 Serbia, they just overthrew the government there. It's one country 440 00:25:34.309 --> 00:25:37.930 after another. They have no future. Again, we've talked about 441 00:25:37.950 --> 00:25:40.470 this before. When you and I were young guys, there 442 00:25:40.490 --> 00:25:45.019 were things called hardware stores. There was no Lowe's. There 443 00:25:45.039 --> 00:25:48.779 was no Home Depot. There were local places. There were 444 00:25:48.880 --> 00:25:54.190 stationary stores. There were no Staples. There were local stationary stores. 445 00:25:54.569 --> 00:25:57.990 There were clothing stores, shoe stores, drug stores. There were 446 00:25:58.009 --> 00:26:01.029 no CVSs that owned everything. 447 00:26:01.049 --> 00:26:02.470 That's right. 448 00:26:02.549 --> 00:26:06.000 There used to be mom and pops. They're gone. The 449 00:26:06.039 --> 00:26:08.980 young people have no future. Where do you want to work? 450 00:26:09.299 --> 00:26:12.140 I think I'll drive an Amazon truck. Oh, I'd love 451 00:26:12.180 --> 00:26:15.140 to do that. Hey, remember when you and I were 452 00:26:15.180 --> 00:26:20.549 young guys, Sunday was the day of rest. Everything was closed. 453 00:26:21.130 --> 00:26:22.450 Remember those days? 454 00:26:22.529 --> 00:26:23.470 Yeah, I remember that. 455 00:26:24.150 --> 00:26:24.369 Yeah. 456 00:26:25.089 --> 00:26:27.569 I remember that. That's when we had our businesses. As 457 00:26:27.589 --> 00:26:29.940 a matter of fact, we had video stores and Uh, 458 00:26:30.059 --> 00:26:32.619 we didn't want to open on Sunday, but eventually because 459 00:26:32.640 --> 00:26:34.960 we had a lot of pressure from people and from competitors, 460 00:26:35.299 --> 00:26:37.339 we wound up opening from like one o'clock in the 461 00:26:37.400 --> 00:26:39.829 afternoon to six. So people would come in and get 462 00:26:39.869 --> 00:26:42.369 something else or drop something off. But, um, you know, 463 00:26:42.390 --> 00:26:43.990 for the longest time, we didn't even open as a 464 00:26:44.009 --> 00:26:45.849 video store. We weren't even open on Sundays. 465 00:26:46.809 --> 00:26:49.970 So that's why they're going out. They have no future. 466 00:26:51.210 --> 00:26:54.170 You look at the data or the kids going to college, 467 00:26:54.880 --> 00:26:58.059 they can't find jobs all over the world. And now 468 00:26:58.119 --> 00:27:00.640 what are they doing? Less kids are going to college 469 00:27:00.680 --> 00:27:02.700 and more of them are going into learning how to 470 00:27:02.740 --> 00:27:05.720 be plumbers, electricians, this or that, because they know they 471 00:27:05.740 --> 00:27:09.380 have no future in the other thing. So this is serious. 472 00:27:09.859 --> 00:27:14.119 And again, look what just happened with this election. All 473 00:27:14.160 --> 00:27:17.289 the money that the Musks and the others put into 474 00:27:17.309 --> 00:27:20.069 the election, the billionaires, and they lost. 475 00:27:20.589 --> 00:27:23.329 That's right. Yeah, what did he put in? About $ 400 476 00:27:23.250 --> 00:27:24.049 million or something? 477 00:27:24.549 --> 00:27:27.890 Yeah, that's what the numbers are, yep. And you mentioned 478 00:27:27.910 --> 00:27:33.809 that Sheldon Adelson. He's the guy that gave Trump, what, 479 00:27:34.250 --> 00:27:37.609 I forgot how many hundreds of millions. Oh, yeah. 480 00:27:37.730 --> 00:27:41.150 It was at least 250 in the 2020 cycle. 481 00:27:41.950 --> 00:27:42.150 Yeah. 482 00:27:42.539 --> 00:27:43.920 And Miriam is still giving him money. 483 00:27:44.779 --> 00:27:48.859 Yep. And what did Trump do after he got the money? Hey, 484 00:27:49.200 --> 00:27:52.279 get the embassy out of Tel Aviv and move it 485 00:27:52.299 --> 00:27:55.819 to Jerusalem. Hey, you know that land you stole from 486 00:27:55.859 --> 00:28:02.029 the Syrians? It's yours. Yeah, that's the Sheldon Adelson Trump thing. 487 00:28:02.329 --> 00:28:06.089 It's a crime syndicate in front of everybody's eyes that 488 00:28:06.170 --> 00:28:10.630 morons and imbeciles call a government. Again, on both sides. Again, 489 00:28:10.650

--> 00:28:12.170 we forgot about genocide, Joe. 490 00:28:12.619 --> 00:28:15.259 Yeah, yeah. You know, one of the things I talked 491 00:28:15.279 --> 00:28:19.519 about just before you came on is a billionaire who 492 00:28:19.559 --> 00:28:22.609 inherited the Estee Lauder fortune. His name is Ron Lauder. 493 00:28:22.619 --> 00:28:25.359 And I've played quote after quote from him. where he's 494 00:28:25.400 --> 00:28:27.680 out there talking about how they really need to clamp 495 00:28:27.700 --> 00:28:30.329 down on anybody that criticizes the state of Israel. You're 496 00:28:30.349 --> 00:28:33.490 instantly a racist, and you need to not only be canceled, 497 00:28:33.509 --> 00:28:35.210 but you need to have some real teeth in this. 498 00:28:35.230 --> 00:28:37.089 We need to punish people with the government. Send them 499 00:28:37.109 --> 00:28:39.190 to jail and all the rest of the stuff. This guy, 500 00:28:39.250 --> 00:28:42.910 who is president of the World Jewish Congress, the guy 501 00:28:42.930 --> 00:28:47.220 who is the father-in-law of the Federal Reserve Chair, Kevin Warsh, 502 00:28:47.640 --> 00:28:50.039 he just had an interview with Haaretz. Did you see that? 503 00:28:51.000 --> 00:28:54.480 He basically trashed Israel. And this is a guy who 504 00:28:54.519 --> 00:28:57.759 has given vast sums of money to Bibi Netanyahu. And 505 00:28:57.779 --> 00:29:00.039 to paraphrase what he was saying, he said, it's just 506 00:29:00.119 --> 00:29:02.940 a one-man show. It's a dictatorship. And he says, I 507 00:29:03.009 --> 00:29:06.869 am so disgusted with that country. And the interviewer from 508 00:29:06.970 --> 00:29:11.309 Haaretz said he stopped talking and he made a gesture 509 00:29:11.349 --> 00:29:15.309 like he was vomiting. And he said, I'm disgusted with 510 00:29:16.069 --> 00:29:18.430 the leadership there. I'm disgusted with the Israeli people. I 511 00:29:18.470 --> 00:29:19.849 think that's one of the things that came out of 512 00:29:19.890 --> 00:29:23.170 the election last week. I think people could see. Just 513 00:29:23.230 --> 00:29:27.900 how widespread the support for these genocidal policies and invading 514 00:29:27.940 --> 00:29:30.940 other countries, how widespread that support was. They don't think 515 00:29:31.019 --> 00:29:35.569 that Netanyahu is tough enough. Now, I think that Ron 516 00:29:35.730 --> 00:29:40.730 Lauder is, I keep saying Lauder, it's Lauder. I think 517 00:29:40.789 --> 00:29:44.450 that he's perhaps not being totally straight up with this. 518 00:29:44.509 --> 00:29:46.690 He may just be trying to cover himself, but he 519 00:29:46.730 --> 00:29:49.279 can read the tea leaves and he can see how 520 00:29:49.359 --> 00:29:52.539 much pushback there is against what has been happening there. 521 00:29:52.559 --> 00:29:54.819 I think he's just trying to protect himself. 522 00:29:56.440 --> 00:29:58.759 Again, you look at what happened, though, in the elections 523 00:29:58.839 --> 00:30:03.079 in Israel. the Likud party still has a majority. 524 00:30:03.880 --> 00:30:06.970 That's right. They agree with that. And the issues that 525 00:30:06.990 --> 00:30:09.349 they had with him was that they didn't think that 526 00:30:09.390 --> 00:30:12.230 he was militaristic enough. They didn't think he was killing 527 00:30:12.269 --> 00:30:15.289 enough of the other people. And it wasn't that they 528 00:30:15.470 --> 00:30:17.289 wanted peace. I mean, they had a massive number of 529 00:30:17.309 --> 00:30:20.670 people who flew to Israel to vote in their elections. 530 00:30:20.710 --> 00:30:22.950 And I thought that was kind of instructive that they 531 00:30:22.970 --> 00:30:25.630 couldn't vote by mail. They had to come and vote 532 00:30:25.750 --> 00:30:28.720 in person and so forth. But you had people who 533 00:30:28.740 --> 00:30:31.299 were spending a lot of money flying there. They estimated 534 00:30:31.339 --> 00:30:34.759 about 70,000 people flew in because they were disgusted by 535 00:30:34.779 --> 00:30:36.900 what they were seeing happening in the state of Israel, 536 00:30:36.920 --> 00:30:40.180 the people that were Jewish. And, uh, yet the people 537 00:30:40.200 --> 00:30:42.710 who live there are hardcore about it. They not only 538 00:30:42.930 --> 00:30:45.569 are unashamed of the genocide, they want it harder. 539 00:30:46.410 --> 00:30:51.990 Yep. And again, either party is, we wrote, uh, forgot 540 00:30:52.009 --> 00:30:58.279 the guy's name, uh, Eisencott or something like that, who, uh, he, he's, he's, 541 00:30:58.339 --> 00:31:04.230 he's as, uh, Zionist as Trump, as Trump, as Trump, 542 00:31:04.329 --> 00:31:08.369 as Netanyahu, Trump, Greenberg, Iceberg. What's the difference? 543 00:31:08.470 --> 00:31:11.890 It's all the same club, isn't it? 544 00:31:11.910 --> 00:31:16.769 Yeah. And we ain't in it. Yeah. They're all genocide pros. Yeah. 545 00:31:17.109 --> 00:31:20.049 And this war is going to just continue to escalate. 546 00:31:20.789 --> 00:31:24.579 And Iran is really ramping up, and they're making it 547 00:31:24.619 --> 00:31:27.900 very clear that if they're attacked, this thing is really 548 00:31:27.920 --> 00:31:29.059 going to escalate big time. 549 00:31:29.519 --> 00:31:32.599 Yeah, that's right. I got a comment here from Sidney Falco. 550 00:31:32.619 --> 00:31:34.339 He says, I have to drive 40 minutes to work 551 00:31:34.880 --> 00:31:38.039 with fuel and automobile costs. It's hardly worth the $ 17 552 00:31:37.980 --> 00:31:40.000 an hour, and I don't even have to pay rent 553 00:31:40.420 --> 00:31:43.309 or power bills. I have no idea how other people 554 00:31:43.329 --> 00:31:45.890 are making ends meet. And that really is the issue. 555 00:31:45.950 --> 00:31:49.589 One of the things that I was talking about yesterday 556 00:31:49.609 --> 00:31:51.710 in that interview that we talked about was exactly what 557 00:31:51.730 --> 00:31:54.380 you're

talking about, the fact that we don't have mom-and-pop 558 00:31:54.390 --> 00:31:57.230 stores anymore. That used to be the foundation of our 559 00:31:57.250 --> 00:31:59.569 understanding of the importance of the free market because that 560 00:31:59.609 --> 00:32:02.730 really is a free market. That really is a situation 561 00:32:02.769 --> 00:32:05.269 where you're competing one-on-one with a guy across the street 562 00:32:05.309 --> 00:32:08.640 or down the street or whatever. It isn't like Wall 563 00:32:08.660 --> 00:32:12.799 Street where people can run a company, a corporation, and 564 00:32:12.839 --> 00:32:16.940 they can lose money for 20 years and still keep going. 565 00:32:18.059 --> 00:32:20.099 It's kind of interesting what Wall Street does. It's kind 566 00:32:20.119 --> 00:32:24.069 of like the Federal Reserve Bank in terms of financing governments. 567 00:32:24.509 --> 00:32:26.349 And so they don't have to be competitive. They don't 568 00:32:26.369 --> 00:32:28.190 even have to make a profit. They just got to 569 00:32:28.230 --> 00:32:30.869 tell a good story and people keep funding them. And 570 00:32:30.910 --> 00:32:34.309 so we have lost that basic understanding and appreciation of 571 00:32:34.329 --> 00:32:36.849 what the free market is for people who no longer 572 00:32:36.930 --> 00:32:39.910 have an ability to participate in that. And as you 573 00:32:39.930 --> 00:32:41.779 point out, the younger people were coming up, they look 574 00:32:41.839 --> 00:32:43.819 at it and it's like, well, what they've been told 575 00:32:44.559 --> 00:32:46.380 is you go to college and then you get a 576 00:32:46.420 --> 00:32:48.240 job and it's going to be good. All those jobs 577 00:32:48.279 --> 00:32:51.170 are being cut off now. And they're bragging about it, 578 00:32:51.420 --> 00:32:54.279 saying they're cutting off everybody's jobs with AI. What do 579 00:32:54.299 --> 00:32:57.759 you think? I mean, everybody is looking at this AI 580 00:32:57.819 --> 00:33:00.420 bubble and expecting it to burst at some point, but 581 00:33:00.460 --> 00:33:03.259 yet it keeps going on and on. What is it 582 00:33:03.279 --> 00:33:06.380 that's going to be the controlling factor in this? It 583 00:33:06.420 --> 00:33:09.630 looked like they had a pin. Once they started putting 584 00:33:09.710 --> 00:33:13.309 out the IPO information for Anthropic, people could see just 585 00:33:13.369 --> 00:33:16.430 how shaky the economics were. We've had people like Ed 586 00:33:16.450 --> 00:33:19.910 Zytron and others say, look, another economist went back. He said, 587 00:33:20.250 --> 00:33:23.059 I've calculated by all these different metrics in terms of 588 00:33:24.140 --> 00:33:26.559 productivity per employee and so forth. He said all these 589 00:33:26.680 --> 00:33:28.579 companies that are spending a lot of money on AI, 590 00:33:28.980 --> 00:33:31.200 they're not seeing any profit off of this. I mean, 591 00:33:31.220 --> 00:33:37.079 they're seeing humongous profits from the AI companies themselves, but 592 00:33:37.119 --> 00:33:40.799 they're also going into massive debt. And there appears to 593 00:33:40.859 --> 00:33:45.039 be a bit of a problem in terms of having 594 00:33:45.099 --> 00:33:48.420 sufficient capital to make the investments that they say that 595 00:33:48.480 --> 00:33:50.579 they need to make. So what do you think is 596 00:33:50.599 --> 00:33:52.039 going to happen with that? Is it going to be 597 00:33:52.099 --> 00:33:54.410 the financial statements? Is it going to be the fact 598 00:33:54.450 --> 00:33:57.049 that they run out of credit? They want to have 599 00:33:57.069 --> 00:33:59.710 over a trillion dollars worth of expansion in these data centers. 600 00:33:59.769 --> 00:34:02.410 But as he was calculating, he said, I can only 601 00:34:02.470 --> 00:34:04.869 find about $ 130 billion that they can lay their hands 602 00:34:05.009 --> 00:34:08.469 on without going into massive debt. And it's that plus 603 00:34:08.570 --> 00:34:11.559 the debt of the federal government is really creating a 604 00:34:11.639 --> 00:34:13.900 crunch in the capital markets. What do you think that's 605 00:34:13.940 --> 00:34:14.380 going to do? 606 00:34:15.300 --> 00:34:19.000 Again, it's global with the debt and the real debt 607 00:34:19.019 --> 00:34:22.469 level of the United States, according to Fortune magazine and 608 00:34:22.550 --> 00:34:26.670 others is over 126 trillion, not 40 trillion. Look what's 609 00:34:26.710 --> 00:34:29.130 going on in France with their debt level, where the 610 00:34:29.170 --> 00:34:34.679 debt to GDP in the United States is 100. I mean, look, 611 00:34:34.780 --> 00:34:37.860 it's ridiculous. And how much it's gone up in just 612 00:34:37.900 --> 00:34:42.659 the last 10 years. So there's going to be the 613 00:34:42.760 --> 00:34:45.230 bubble is going to break. What's going to cause it? 614 00:34:45.260 --> 00:34:49.389 Who knows? But look at the KOSPI index in South Korea. 615 00:34:49.980 --> 00:34:55.500 the Chinese indexes, they're all going down on the AI. 616 00:34:55.900 --> 00:34:59.550 It's way over investment and the money's not coming in. 617 00:34:59.570 --> 00:35:02.210 There's going to be a bust. And again, I would 618 00:35:02.230 --> 00:35:06.030 have thought that the markets would have went down today 619 00:35:06.610 --> 00:35:13.090 because of the Democrats winning and the opposition people have 620 00:35:13.110 --> 00:35:16.070 to the AI data centers where a lot of this 621 00:35:16.130 --> 00:35:19.139 money is going into. So the crash is going to happen. 622 00:35:19.280 --> 00:35:22.619 And when the crash happens, oh, by the way, did 623 00:35:22.639 --> 00:35:26.019 you see gold prices went up like $ 117? Did they 624 00:35:26.940 --> 00:35:29.039 this morning after the election? 625 00:35:29.059 --> 00:35:30.940 That's one thing I didn't check. I didn't look at 626 00:35:30.960 -->

00:35:32.860 gold prices. So what is going on with gold? I mean, 627 00:35:33.420 --> 00:35:35.739 I've seen some explanations, and some people are saying, well, 628 00:35:37.090 --> 00:35:41.730 there's so much concern about sovereign liquidity that people are 629 00:35:41.750 --> 00:35:43.969 worried that the central banks are going to start selling 630 00:35:44.010 --> 00:35:47.489 off gold massively. And so that has been factored in. 631 00:35:47.940 --> 00:35:49.639 With all this, I don't know that they have started 632 00:35:49.679 --> 00:35:51.960 selling that off. We did see that in the aftermath 633 00:35:52.019 --> 00:35:54.059 of the beginning of the war. We saw some of 634 00:35:54.079 --> 00:35:59.809 the countries that were very reliant on importing oil, and 635 00:36:00.130 --> 00:36:01.710 the ones who were producing oil were going to see 636 00:36:01.750 --> 00:36:04.550 their income go down. So they started cashing in the gold, 637 00:36:04.949 --> 00:36:07.349 which is what it's there for. But what do you 638 00:36:07.389 --> 00:36:08.849 think in terms of gold? Let's talk a little bit 639 00:36:08.889 --> 00:36:09.349 about that. 640 00:36:10.300 --> 00:36:15.460 I'm very bullish on it because it's the number one 641 00:36:15.539 --> 00:36:18.869 safe haven asset. And you just saw what happened with 642 00:36:18.889 --> 00:36:20.369 the crypto thing with this. 643 00:36:20.630 --> 00:36:21.389 Oh, yeah. 644 00:36:21.769 --> 00:36:25.489 Popping the money out of it. It's fake stuff. It's 645 00:36:25.510 --> 00:36:26.710 just digitized. 646 00:36:26.909 --> 00:36:27.340 That's right. 647 00:36:27.380 --> 00:36:33.900 Gold, when the equity markets crash, we're forecasting gold prices 648 00:36:33.920 --> 00:36:37.039 are going to spike. Reality will hit the street. Again, 649 00:36:37.539 --> 00:36:41.480 why did the Democrats do so well? Look at the data. 650 00:36:42.239 --> 00:36:46.869 As that guy Carville used to say, it's the economy, stupid. Yeah. 651 00:36:47.079 --> 00:36:52.119 The people are disgusted. They're broken busted. So the reality 652 00:36:52.159 --> 00:36:55.690 of how bad the economy is becomes a reality when 653 00:36:55.730 --> 00:36:59.929 the equity markets crash. They ignore it until the equity 654 00:36:59.969 --> 00:37:03.570 markets crash. When the equity markets crash, which we believe 655 00:37:03.590 --> 00:37:06.670 they're going to be a dot-com bust, 2.0, that's when 656 00:37:06.690 --> 00:37:08.349 you're going to see precious metals spike. 657 00:37:08.679 --> 00:37:11.699 Yeah. And it's worth, as you point out many times, 658 00:37:11.719 --> 00:37:15.349 you don't make predictions. You look at trends. And, of course, 659 00:37:15.369 --> 00:37:17.789 you go back and you look at the securitization real 660 00:37:17.809 --> 00:37:20.329 estate market fraud that was perpetrated out of Wall Street 661 00:37:21.070 --> 00:37:24.210 back in 2007, 2008. It took a very long time 662 00:37:24.250

--> 00:37:27.969 for that to happen. Because the fraud was so widespread 663 00:37:28.010 --> 00:37:30.230 and so many people were participating in it, they were 664 00:37:30.250 --> 00:37:33.670 able to keep that scheme going for a while. And 665 00:37:33.769 --> 00:37:36.210 some of the people who had bet against it and 666 00:37:36.230 --> 00:37:39.889 had taken out shorts almost lost everything because their contracts 667 00:37:39.909 --> 00:37:41.949 were expiring. They didn't expect that they could keep that 668 00:37:41.989 --> 00:37:44.010 thing going as long as they did. And I think 669 00:37:44.030 --> 00:37:45.949 that's what we're looking at now. We're looking at something 670 00:37:45.969 --> 00:37:48.869 that's even bigger, even more fraudulent. When you look at, 671 00:37:48.949 --> 00:37:53.780 as you referenced, the hacking of Binance, over $ 6 billion 672 00:37:53.840 --> 00:37:56.599 disappeared with that stuff. That's why they want to get 673 00:37:56.699 --> 00:37:59.119 us into digital gold. That's why they want to get 674 00:37:59.179 --> 00:38:03.579 us into stable coins, because it goes, if you want 675 00:38:03.599 --> 00:38:05.429 to know how that's going to work out, just go 676 00:38:05.469 --> 00:38:10.510 back and look at the securitization mortgage fraud that happened 2007, 2018. 677 00:38:10.510 --> 00:38:13.329 If they can steal homes and real estate and suck 678 00:38:13.369 --> 00:38:14.690 the value out of them, what do you think they're 679 00:38:14.710 --> 00:38:15.550 going to be able to do if you put all 680 00:38:15.590 --> 00:38:20.550 your money into their tokenized network that they're setting out there? 681 00:38:20.570 --> 00:38:22.730 It's very dangerous, I think, for people. They should be 682 00:38:22.750 --> 00:38:23.210 aware of that. 683 00:38:23.989 --> 00:38:27.130 And again, going back to the bust, we took out 684 00:38:27.150 --> 00:38:30.409 the domain name, the panic of 08, November 2007. Look 685 00:38:31.610 --> 00:38:36.210 what they did. The bankster bandits caused this problem. Hey, 686 00:38:36.250 --> 00:38:37.909 you don't have a job? You're out of work? You're 687 00:38:37.929 --> 00:38:39.739 deep in debt? Don't worry about it. You got a 688 00:38:39.780 --> 00:38:41.460 subprime mortgage. Sign over here, right? 689 00:38:41.519 --> 00:38:42.420 Yeah, that's right. 690 00:38:42.699 --> 00:38:46.920 The Federal Reserve, according to the Bard College, the Levy 691 00:38:46.940 --> 00:38:53.670 Institute at Bard College, bailed out the Bankster Bandits $ 29 trillion. Wow. 692 00:38:54.429 --> 00:38:58.829 As people are losing their homes, hey, I'm JPMorgan Chase. 693 00:38:59.889 --> 00:39:02.929 I'm Bank of America. Give us the money. That's right. 694 00:39:03.880 --> 00:39:07.059 And give them 0% interest rates to pay it back. 695 00:39:07.099 --> 00:39:08.900 And then they brag, oh, we paid all the money back. Yeah, 696 00:39:08.920 --> 00:39:10.699 because the federal government handed it to you with one 697 00:39:10.719 --> 00:39:12.090 hand and you handed it back with the other and 698 00:39:12.110 --> 00:39:15.349 pretended that you had paid it back. Got a tip 699 00:39:15.369 --> 00:39:18.449 here from Scott Helmer. Thank you very much. He said, Republican, Democrat, Independent, 700 00:39:18.489 --> 00:39:21.969 just different flavors of slavery. We got our rights from God. 701 00:39:22.190 --> 00:39:24.650 And he says it's the same club and they're beating 702 00:39:24.710 --> 00:39:27.469 us over the head with it. That was actually my comment. Oh, 703 00:39:27.969 --> 00:39:30.429 that's your comment. I agree with that, Travis. Thank you 704 00:39:30.469 --> 00:39:34.199 so much. And again, Gerald Slinty, TrendsJournal.com. Use the code 705 00:39:34.280 --> 00:39:36.539 NIGHT to save 10%. Thank you, Gerald. 706 00:39:37.280 --> 00:39:37.679 Thank you. 707 00:39:48.559 --> 00:39:54.719 The Common Man. They created common core to dumb down 708 00:39:54.760 --> 00:39:58.420 our children. They created common past to track and control us. 709 00:39:58.900 --> 00:40:02.820 Their commons project to make sure the commoners own nothing. 710 00:40:03.809 --> 00:40:10.389 And the communist future. They see the common man as simple, unsophisticated, ordinary. 711 00:40:11.449 --> 00:40:14.760 But each of us has worth and dignity created in 712 00:40:14.780 --> 00:40:19.420 the image of God. That is what we have in common. 713 00:40:20.079 --> 00:40:22.900 That is what they want to take away. Their most 714 00:40:22.940 --> 00:40:28.420 powerful weapons are isolation, deception, intimidation. They desire to know 715 00:40:28.639 --> 00:40:33.360 everything about us while they hide everything from us. It's 716 00:40:33.400 --> 00:40:36.429 time to turn that around and expose what they want 717 00:40:36.449 --> 00:40:40.329 to hide. Please share the information and links you'll find 718 00:40:40.690 --> 00:40:44.869 at TheDavidKnightShow.com. Thank you for listening. Thank you for sharing. 719 00:40:50.769 --> 00:40:53.159 If you can't support us financially, please keep us in 720 00:40:53.179 --> 00:40:55.969 your prayers. TheDavidKnightShow.com