Danny Jones Podcast - #443 - Ex-Banker Exposes Who Trump, Elon & Netanyahu Actually Work For | Simon Dixon

Episode Date: October 26, 2026

Watch every episode ad-free & uncensored on Patreon: https://patreon.com/dannyjones Simon Dixon is a former investment banker & commentator on finance and geopolitics. He also runs the  @SimonDi...xon21  YouTube channel. SPONSORS https://butcherbox.com/danny - Get $20 off your first box, plus chicken breast in every box for life or filet or NY strips for a year. https://prizepicks.onelink.me/LME0/DANNY - Use code DANNY & get $150 if you win your first $5 lineup! https://mengotomars.com/danny - Get 50% off for life, free shipping, & 3 free gifts. https://whiterabbitenergy.com/?ref=DJP - Use code DJP for 20% off. EPISODE LINKS Simon's channel:  @SimonDixon21 https://x.com/SimonDixonTwitt *NEW* DJP MERCH https://dannyjonespodcast.com Get paid to make clips from the show: https://discord.com/invite/dannyjones FOLLOW DANNY JONES https://www.instagram.com/dannyjones https://twitter.com/jonesdanny OUTLINE 00:00 - WW3 Psyop & Epstein's Bank Records 04:18 - America's Capital Structure & Israel's Business Model 12:02 - Rothschild Wartime Lending & Government Debt 16:10 - Robert Maxwell & the Soviet Gold Story 18:52 - BlackRock, Vanguard & America's Power Structure 26:59 - Fractional Reserve Banking & Gold-Backed Currencies 36:04 - All Money Is Debt: Dixon's US Ponzi Scheme Argument 45:46 - Crisis Wealth Transfers & Sovereign Wealth Funds 47:19 - Elon Musk's Wealth, Shareholders & Stock Loans 57:27 - Ukraine's Resources & War Profits 01:04:59 - War Reparations, Hitler & the Bank for International Settlements 01:10:38 - China's Economic Model & the British Empire's Decline 01:17:55 - Bretton Woods, the IMF & World Bank 01:24:44 - Political Lobbies & Intelligence Funding 01:30:38 - Dixon's Theory on China & the Middle East 01:35:56 - The Petrodollar, France's Gold & Dixon's JFK Theory 01:45:48 - George H. W. Bush, the Safari Club & Osama Bin Laden 01:48:47 - OPEC & the Petrodollar Deal 01:54:18 - Trump's China Leverage & Donor Networks 01:56:58 - DOGE, Palantir & Government Data 02:05:22 - Dixon's Critique of FDIC Insurance 02:10:04 - Trump's Financing, Gulf Money & Affinity Partners 02:16:36 - Dixon's 10-Year Forecast 02:20:19 - Dixon's 9/11 Intelligence Theory 02:28:25 - Marco Rubio Questioned on Trump's Crypto Deals 02:31:10 - Trump, Binance & the UAE Stablecoin Deal 02:35:00 - The GENIUS Act & Programmable Money 02:41:52 - The Strait of Hormuz, Iran & Oman 02:46:17 - The Yen Carry Trade 02:51:00 - Dollar Collapse vs. Gradual Weakening 02:56:08 - Elon Musk, Free Speech & Freedom of Reach 03:06:03 - Centralization vs. Decentralization & Owning Assets Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript
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Starting point is 00:00:01 This episode is brought to you by Welch's fruit snacks. Back to school season can be tough on parents, but choosing a snack you and your kids can both get behind doesn't have to be. Stock up on Welch's fruit snacks, made with real whole fruit for a mouth-watering experience the whole family can enjoy. It's a snack kids already love, and one you can feel good about giving them. Go back to school with Welch's fruit snacks. You made a point which I've not heard anyone else make, which is that we're seeing this World War III narrative that's playing out right now in front of our eyes across the world stage. And your point is that this is all optics. And what's really happening is the United States, the GCC and China are all aligned behind the scenes in coordination.
Starting point is 00:01:05 And this is opposed to the popular belief that Israel is this almighty superpower behind the scenes that is conducting all this worldwide chaos. So how did you come to this conclusion? Well, I follow the money. So look, I've done nothing but for the last 26 years, follow monetary flows. You know, I used to work in banking. I understand how these wars are financed, what they mean for the whole flow. And so I have a very simple methodology.
Starting point is 00:01:40 It's not perfect, but it helps me try and see through the noise. And that is I ignore everything that a politician says in terms of analyzing whether it's real or not. I look at who they're funded by and what their interests are and what financially they benefit from. I also, in terms of media, look at what's the what's the price. primary business model behind that outlet and who's sponsoring them and financially, how is their capital structured in order to determine whether they're who's propaganda they're pushing. So by default, I say all media is pushing somebody's agenda. And so I always look at, in order to try and objectively analyze something, I look at the
Starting point is 00:02:27 business model, the sponsorship, the funding flows, the capital structure. And then I kind of put that media outlet into a box that will kind of help me analyze. So I don't look at it from, is the media telling me the truth? I'm saying, why do they want me to believe that? Now, how do I determine whether it's true or not? It's when you get an alignment between the financial structures, capital structures, and what they're saying in the media, then I'll say that's true. Or if a politician is funded by the same sources.
Starting point is 00:03:01 is the media is, you know, alignment with what's actually happening with the largest flows of capital in the world. And so that's kind of my framework of applying somewhat of a forensic financial approach, which is, you know, how most of the feds and most of the crimes are actually resolved is by looking at the monetary flows. So right now, you know, a lot of people are talking about Epstein. Until we get the bank records, everything is not going to tell us the full truth. And those bank records are protected. And all of the banks that want to protect those records have settled with the Epstein Network already. And he's gone. So why are those bank records protected?
Starting point is 00:03:48 Because they'll tell you the truth. You know, they'll tell you the financial flows. We did get an account name of one of his accounts and it was called Ball. Yeah. Yeah. And so, you know, J.P. Morgan settled. and Deutsche Banks settled. I didn't know this, no.
Starting point is 00:04:03 Oh, yeah. Way before Epstein was like on the mainstream, like kind of narrative. Oh, really? Yeah. So before he went to prison? When were the settlement? I probably need to check the time flows. But, you know, before any of this, you know, recent kind of fire drops and everyone talking about it.
Starting point is 00:04:22 Right. You know, the settlements were there. So, you know, that's kind of my method. And what I do is I try and break down a country into how is it actually governed. Because most people think of countries as countries. I look at them as where do their financial flows come from? And so therefore, who is the government subordinate to? And so when you say to me the United States, I don't think of the United States as a country.
Starting point is 00:04:55 I think of the United States as a capital structure. And I think of who the politicians and who the government is funded by and who is on top of that capital structure. And often, you know, I talk about this concept of if you look at like the last few politicians, so most people, when I look at Biden, people would put him in the neocon type of category. And a neocon means that predominantly they're funded by the military industrial complex and the financial interest that profits from war. rebuild. Now when I look at Trump, I see him as much more of a transactional guy.
Starting point is 00:05:33 Right. So I could look through and he's more aligned with what I call the financial industrial complex and also the third major force that I look at, the technical industrial complex. So most people have heard of this military industrial complex, you know, that's the Lockheed Martin, General Dynamic, Raytheum, underneath it you have the deep state intelligence networks. And so you can look at like, of these wars and look at like the different funding flows. The financial industrial complex is a network of financial institutions that significantly are able to subordinate governments.
Starting point is 00:06:14 They're able to dictate flows through lobby power. They're able to set up, you know, NGO government, non-governmental organizations, think tanks and policies in order to, you know, sponsor politicians, to implement their policies. They get to create money, the banks. They get to allocate all of our pension money, the asset managers. They get to turn every single business into a financial product
Starting point is 00:06:42 by making it public through securitization at the investment bank. They have all of the governments dependent upon their bonds and their debt structures, which is the bondholders that are currently playing havoc with bonds and interest. rates right now. And then you have the guarantor of the whole system, which is the central bank, the Federal Reserve. Put that all together and you get this financial industrial complex. Today, data, artificial intelligence, algorithms, where those data are hosted, you know, technology that is able to manipulate human behavior, social networks.
Starting point is 00:07:26 That's the technical industrial complex. So going back to what you were saying earlier about the media, you look at the media and seeing if it's aligned with the politicians, with the financial instruments or the financial institutions, how do you define the media? And how do you separate social media from like Fox and CNN, those types of media? Because you see there's two different things happening. There's Fox and CNN, which are seem to be in lockstep for the most part when it comes to the war stuff.
Starting point is 00:07:55 And then you have social media, which is. just like, you know, the Wild Wild West, free, it seems like free speech is more open than ever, especially on platforms like X. And you seem to see more of an agreement among mostly younger people that Israel is behind most of this stuff. And when it comes to like the lobbying in the United States and the corruption and all these wars, that these are mainly, or Israel is the primary driver behind all this stuff. Yeah. So where I think, firstly, I don't want to excuse Israel for their crimes.
Starting point is 00:08:31 Like, you know, they're committing crimes against humanity. But they're what I call, I need to separate two things. And this is where people get confused. Forget. So most people pick a team and they advocate for what they want in the world. I, too, am a human. And I have what, you know, my humanitarian beliefs, what I advocate for. But I have to.
Starting point is 00:08:54 drop all of that when I'm analyzing. And so my analytical hat is not what I want to happen, that's what I think is happening. And vote almost all the time, what I want to happen is not what is happening. Okay. So when I talk about Israel, you have to separate like the crimes against humanity, you know, what what is actually happening here from the practical business model of what is Israel. And so when I analyze Israel, I look at, okay, what is Israel? So it was created at a when the British Empire was transitioning over to the American Empire. The key institutions are like the Bank of England and the Federal Reserve around about that time. You had World War I, you had a Great Depression, you had World War II,
Starting point is 00:09:38 and then after World War II, the current monetary order was set up at Bretton Woods. So that's like the historical, and then in 1948 you had Israel. Then you had several wars, 1967, which led to setting some borders. borders and you had the slow ethnic cleansing of the Palestinians from their land. You had media trickery to radicalize both Christians, Muslims and Jews into a narrative that's very useful for war and military power. And so if you look at that era, we've come out of the Industrial Revolution. We had a World War.
Starting point is 00:10:19 We had a depression. We had World War II. Europe had blown each other up. Europe were bankrupt in debt. The UK government was in debt. You know, the British East India Company was dissolved. You know, that's the era. Gold was the most important commodity.
Starting point is 00:10:35 The British pound was backed by gold. And all of that gold after the war ended up essentially through financial contracts in Fort Knox and in America. The roundabout, if you look at that time, 1917 World War I, You know, you had the World War I, 14 to 18. And in 1917, you had some of the most important events that kind of shaped the order. One of those was the Bolshevik Revolution, which was the overthrow of the Russian saw and the installation of the Soviet Union and the communism.
Starting point is 00:11:11 That was a Western ideology. People think of communism as like Eastern Chinese, Russian or something like that. You know, Marx was trained in British universe. universities. Communism is a Western ideology and it was installed into Russia. At the same time, you had, you know, fascism that was implemented into Germany, you had a massive war across Europe. You had the French, the Brits, the Germans, you know, the Eastern and Western Europe that were just destroying each other in debting themselves. Same types of financiers that are funding the Bolshevik revolution. both sides of European wars and also installed the Federal Reserve in America,
Starting point is 00:11:57 which was the third attempt at a central bank. You put all of that together, and in 1917 you had a bankrupt British government, led by, in this case, Lord Balfour that declared Palestine to Russia, France, and the Zionists. And so, you know, that all happened in 1917, the Balfour Declaration, and that was declared to Walt Rothschild, who was representing, you know, Zionist interest at that time. Now, the Rothschild family are infamous for, you know, their wartime financing. Many people think they own the central banks. A little bit of truth to that. They owned a shareholding in the Bank de France from the Napoleonic Wars.
Starting point is 00:12:46 They own significant government debt to the British government, but they didn't own the Bank of England. And the Federal Reserve is owned by a bunch of private banks all at that time. So this whole concept of like the Rothschild's owning the central bank, it was more that they were merchant banking interest, investment bank in interest. And they funded many of the governments and they would often fund both sides of wars in these capital structures. Because when you can subordinate governments and you can pit them against each other. Right. Then you can fund the war. You can fund the rebuild.
Starting point is 00:13:26 And you can vassalize a government to your capital structure, to your debt structure. And those that issue the loan are the ones that end up controlling, you know, subordinating the government. The other thing that happened in 1917 is you had the Balfour Declaration, which was the creation of Israel. Right. Then you had the Bolshevik revolution, which was the Marxist communist ideology. And in 1913, you had the formation of the Federal Reserve, which immediately followed by World War I. Now, if you look across those structures, the governor of the Federal Reserve, one of the Wahlberg brothers, was also his brother was also one of the main governors of the Rice Bank, which is the German Central Bank. And so you had two brothers across the Federal Reserve and the German Central Bank.
Starting point is 00:14:20 Now, this is when America was really building its industrial revolution, its military base. And the concept of building these weapons and selling these weapons, but not being caught up in the war, became the baseline of transfer of wealth from the British Empire to the American Empire around that time. And so when you had the overthrow of the Russian Tsar, you ended up with a bunch of Russia's gold in America, a bunch of Germans gold in America, a bunch of the colonial gold from bankrupt in the British government over into Fort Knox under the Federal Reserve system. And if you remember as well, there was a great depression between World War I and World War II. And FDR, his policy was to make gold ownership illegal for Americans. So he confiscated all the gold where everyone had to hand their gold. gold into the government, you know, the Federal Reserve and received $20 a Federal Reserve
Starting point is 00:15:18 note. So you gave them a $20 federal reserve note. They handed in the gold. And America effectively ended up with about 8,000 tons of gold, which represented approximately 75% of, you know, the world's gold supply outside of the private interest of those merchant banks and financiers. Oh, wow. Yeah. And this is, so this is like everything that happened from that World War I, Great Depression, World War II. Have you ever opened up your refrigerator, stared aimlessly into it for five minutes, and suddenly convinced yourself there's nothing to eat? That hasn't happened to me since I started using Butcher Box.
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Starting point is 00:16:17 give Butcherbox a try. Go to butcherbox.com slash Danny to get $20 off your first box, plus chicken breast in every box for life or filet or New York strips for a year with free shipping always. That's butcherbox.com slash danny. It's spelled B-U-T-C-H-E-R-B-O-X.com slash D-A-N-N-N-Y. Be sure to use our link below so they know we sent you. familiar with the story of the gold that was transferred from the Soviet Union when it fell to Israel? No, tell me. So I had this guy on the podcast a couple months ago who was a former Mossad assassin,
Starting point is 00:16:55 and he was one of the guys that was a part of the Operation Wrath of God, the retaliation operation against the Black September terrorist that killed the people at the Munich Olympics. And he was telling me story about Robert Maxwell, how he was tasked to, or not he basically helped a bunch of the Russians or the bunch of the people like the leaders of the Soviet Union transfer a bunch of the gold out of the Soviet Union before it collapsed. And they needed a safe place to keep it. And what Robert Maxwell did is he brokered this deal where he could they could all keep it all inside of Israel. And their guarantee to be able to get that gold back was that Russia had a lot of the Israeli diaspora inside their country. So they had some sort of like a leverage. Like if they wanted to
Starting point is 00:17:59 get it back or whatever, they knew that they had those Jewish people there inside of Russia. And allegedly this took like much. months and they were they were trafficking they were bringing it over in ships like like through the port of crimea and all that stuff and and this was allegedly according to this guy how robert maxwell died he was at some birthday party for one of the founders of forbes magazine and he was bragging to somebody about how he made israel the richest country on earth and he told the story about how he um enabled this transaction or this uh transfer of all this gold from russia to israel And Israel caught wind of it
Starting point is 00:18:41 Or the Mossad caught wind of it or whatever And got rid of him That's fascinating I was wondering if you knew anything about that transfer of gold No, that's a new rabbit hole for me But you know, what's fascinating You can find out anything about See if there's any corroboration of that story online
Starting point is 00:18:57 I'd be curious to find out Yeah Now what I think is really interesting For the purpose of understanding Like general power dynamic is you have a state and then you have what the state owns, which makes it sovereign. And then you have a state which is subordinate to financial interest or lobby interest. And so when I think of America, America, Europe, UK, the collective West, Australia, Canada,
Starting point is 00:19:29 they're subordinate to this financial industrial complex in general. So let's just bring it exactly where we are now, Trump. So if you look at Trump's financing. Yeah, let's let's let's let's let's find the power structure of the United States. Okay, like if we wanted to structure as a pyramid. Yeah. Okay. So everything every company in America that's meaningful is a public company. And so those public companies means you can buy and sell their shares. Those shares are predominantly owned by the same asset managers where everyone is contributing their pension to and everybody is so,
Starting point is 00:20:08 So for example, if you want to buy, you can either pick 500 stocks and say, I want to pick this stock. Or you can buy an index of 500 stocks. Right. Those indexes called exchange traded funds are managed by asset managers. And they kind of make sure that when you're buying some of those, you know, you can buy a little piece of 500 stocks. But they hold all those stocks. Who are these asset manager? The largest one is BlackRock.
Starting point is 00:20:33 The second largest is State Street, Vanguard, Fidelity. And these are on the capital structure of pretty much every single company across the United States. BlackRock in itself has 20,000 board seats. And so when you think of a company, most people think of the CEO. So when I see a company like Tesla, I see a team of executives led by Elon Musk. And those executives in a company, in a public company, work for the board. So they answer to the board. The board, the executives, the CEO, the chief, you know, the COO, they answer to the board.
Starting point is 00:21:12 The board answer to shareholders. The shareholders are those that control the capital and are pulling together all this money, BlackRock, State Street, Vanguard in general. If you want to get, you know, if you want to raise more money or you... BlackRock owns the most of the shares? BlackRock controls most of the shares, so it will own it. So when you go along and you say, I'd like to buy some S&P 500, I'll buy some stocks, they end up the actual material owner of those stocks. So they put their name, it's owned in BlackRock's name, but you actually have a right
Starting point is 00:21:47 to the economic interest of those. So if the shares go up, they look like your shares. You log into your Fidelity account. It looks like you own them, but your name's not on those shares. Fidelity's name is on those shares. So Fidelity owns them and then gives you the right to the, you know, if they go up or down, the economic interest. Yeah. And so there's a few brokers that own that.
Starting point is 00:22:11 Now, what comes with those shares? You know, a share by definition is a share in the profit paid through dividends, any price that that share goes up or down, plus voting rights. So remember, I said you've got executives, which is the people that do all the work. You've got management underneath them. Then you've got the board. The board is installed by the shareholders. And the shareholders, the largest shareholder in every single public company in the United States is Black Rock State Street and Vanguard. And so they actually have 15.
Starting point is 00:22:48 So BlackRock in itself has $15.3 trillion of stock market and economic value and assets. 53? 15.3 trillion. Oh, 15.3 trillion. Yeah, $1.5.3. Yeah. And so, you know, at the top of the capital structure is these asset managers. Okay.
Starting point is 00:23:10 And the asset managers, Black Rock, State Street and Vanguard, they choose the board? So they can, the more economic, the more shares you have, the more right you have to install your board member. Okay. So it's a pay to play system. Got it. The more capital you put up, the more capital you put up, the more. influence you have over board seats. Got it.
Starting point is 00:23:34 So right in the beginning, you were talking about the Gulf countries, China and stuff like that. So remember what the Gulf countries are. What is the country? So a sovereign country is one that is not controlled by this financial industrial complex. By Black Rock State Street and Vanguard. Yeah, by Black Rock State Street and Vanguard as the main asset managers and simplifying. In the world or in the US? Well, these are global by nature, by definition.
Starting point is 00:23:59 So you could look at all the previous empires and they've consolidated. Really, this model was invented in the, you know, in the, you know, about 1600 by the Dutch, with the creation of the Dutch Central Bank, the Dutch East India Company and the bond market where you take those three structures, this is important. If you can get your head around this, then you can understand Britain, then you can understand America. So there's three structures that the Dutch invented here. They invented the stock market. Now, the stock market is where you pull all this value. So if you want to share in the economic interest and the value that's created by these companies,
Starting point is 00:24:42 then you own their stocks. On the other side, you have the bond market. The bond market is where you can load up these companies with debt. And so by the more debt they have, the more leverage you have over that. company. What do you mean when you say load them up with debt? Are you saying basically it's the same thing as buying a stock. It's similar to buying a stock, but instead you're loaning them money and you're getting like an IOU to get interest in return? Yeah. So you have debt, which is effectively somebody lends you money. Yeah. And they agree to repay you on set terms. You
Starting point is 00:25:17 agree to pay a set interest. And then eventually you pay down that debt. The bond market is that, but they turn these loans into tradable products that you can buy and sell on a market. And so if you, for example, okay. God, why do they make this shit so complicated? All right. So imagine you've got, you understand a bank loan. You got to, you get a mortgage.
Starting point is 00:25:42 Yes. You go to the bank. Again, let's get into a little bit of this. Because once we can understand these concepts, we can build up. I went to public school. Yeah. No, no. Look, look, these are the, it is complex by design.
Starting point is 00:25:58 Yeah. Because, you know, once you can understand the hidden nature, you can really get these things. And so the answer to that question. So when you take your, when you borrow money from a bank, let's start there. Where does that money come from? You got any idea? Well, I mean, it's really only a bunch of digital ones and zeros transferred from one bank account to another. So there's not like, first of all, they're not relying on actual cash, right? There's no need for the actual cash. I'm assuming that I don't know. I don't know where the bank, where the money comes from. Okay. So you kind of go through three, I'd say a three step journey and trying to understand how money's actually created. Okay. So your first like understanding that everyone that's never looked into it just thinks, okay, grandma puts some money because she's got a loads of savings. And then the
Starting point is 00:26:53 bank holds that money for grandma. And then someone comes along this younger and wants to borrow to buy a house because they haven't got enough money yet. Okay. I know where the money comes from. All the people that had their bank, their savings accounts, you're taking it from them. Yes. That's like the level one understanding of where the money comes from.
Starting point is 00:27:09 Okay. Okay. So people think you pull together everyone's money and then you lend it out. Okay. Level two is you come across this concept of fractional reserve banking, which is not real, but more real. Okay. So have you heard a fractional reserve banking?
Starting point is 00:27:25 And it's not real, but more real. Okay, so fractional reserve banking is the concept of, and it kind of came from the goldsmith era when a bunch of people, they considered gold their money. And so they would go to a goldsmith. And they would say, can you store this gold for me? Like, can you look after it? I think someone's going to steal my gold. I don't feel safe about it. Can you just store it for me?
Starting point is 00:27:51 And they would give them a receipt for that gold. So you'd take your gold. They'd give you a receipt. That receipt started trading as money. So you said... Because it's way easier than just going and getting your truck full of gold and driving it all around. Just use the piece of paper. Exactly.
Starting point is 00:28:07 So then people said, well, I'll accept that paper as long as I can exchange that paper for gold. And people said, okay, I'll take that paper and I'll go to the goldsmith and see if they give me my gold. And so that was like the formation of banking as we... you know, kind of understand it. Now, what happened as more and more people grew trust for that paper, they said, you know, do I really need to test whether I can convert it into gold? It's almost as good as gold now. Everyone's accepting it. And so the goldsmith started to realize, well, I'm just sat on all this gold and no one wants it. And every time someone's giving, like, putting some gold here, we're ending up with more and more gold and we're issuing more and more receipts, and everyone's
Starting point is 00:28:49 using those receipts. Why don't we do something with that gold? And so they just took client gold that they were men a safeguard and they issued additional paper against it. So they issued more paper than the gold exists. So how can they do that? They just issued. They just said, right, we've got this gold. No one knows how much gold we got. So they're committing fraud. They're committing fraud. Okay. So they took people's gold and just said, right, I'll give two pieces of paper against the same gold bar. Okay. And so they would start issuing these loans. And so someone would come to them and say, hey, can I borrow some money? And they say, yeah, let's create some brand new.
Starting point is 00:29:25 Let's print a bunch of fake receipts. Yeah. And here's your loan and you owe me 6%. Yeah. You owe me 6%. And as long as both of you don't come and try and ask for your gold, we're fine. Yeah. So that was the invention of what's called fractional reserve banking. Football season is already heating up. And prize picks is my favorite way to stay locked on the players I'm already watching. It's daily fantasy and the app makes it really simple. You build your lineup around the players you like, choose more or less on their player projection, and then follow everything right inside the app.
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Starting point is 00:30:22 the promo code Danny to get 150 bucks instantly in lineups when you win your first $5 lineup. Again, download the app and use the code D-A-N-N-Y to get 150 bucks in lineups if you win your first $5 lineup. Now, originally a bunch of people would start to see how rich the goldsmith is getting and realize that the goldsmith is buying politicians and the goldsmith seems to have more disproportionate power than everybody else. And so like, well, maybe I should test whether he's actually still got my gold and he's good for his promise because he looks completely elaborate. So everyone would come at the same time and there would be a rumor, hey, I'm not sure if we can all get our gold. So they'd all come and there'd be a run on the bank and it would go bankrupt and you'd realize this piece of
Starting point is 00:31:07 paper ain't worse shit. You know, I can't get my gold anymore and then they would close down and whoever got the gold first would get the gold and at a certain point you'd close the bank. And then what happens to all those receipts? They'd be worthless. They're worthless. They're worthless because they can no longer be converted into gold, which is what everyone wanted in the first place. So at that point, what happens to an economy? At that point, well, yeah, effectively, you know, the money supply, if this is the money, everyone says,
Starting point is 00:31:35 screw that paper, anyone that's got gold, you can trade. If you don't have gold, no one can trade. Got it. And so everyone, there's a race for the gold, you know. And that was the model. Now, the problem was because you can never audit the gold, this just happened time and time again, and it just kept happening.
Starting point is 00:31:56 Now, as you gain more access to gold and the ability to print these receipts for gold, you recognize that you could just buy politicians. And so politicians needed money, and politicians had power. And so money and power have always been symbiotic. You know, if you have money, then you can buy power. If you have power, then you use your power to sell it to someone that's got money.
Starting point is 00:32:21 And you try and enrich yourself. That's a simple relationship. Right. So they buy the politicians and the politicians would then be able to set the policy. And when these banks, when everyone wanted their gold, they basically just said, well, why don't we guarantee the system? Why don't we just say you can create more receipts than you have gold? But we'll guarantee the system and governments, you know, would make it legalize this practice. What do you mean? What does that mean and will guarantee the system?
Starting point is 00:32:52 Well, the government would say, we've got a bunch of gold. We can tax you. And if you pay your taxes and we hold it in gold, we have a system of, you know, collecting, issuing these fiat currencies and making it convertible into gold. And if the, if the financial system breaks, then we've been, you know, we've got to, you know, got a bunch of the gold. And rather than going to the bank to get your gold, just come to us and we'll give you the gold. And so they guarantee it and say, you can convert those notes into gold, either with the bank or with us. And they would guarantee the system. And with government fiat, which is just legal protection, people got more faith in those notes. And that really is the story of paper money. And what they did is they legalized the practice, but they said, you know, how much money
Starting point is 00:33:43 can you actually create? Maybe you should keep 10% of the money you create as gold reserves and you can create 90% of all this money out of thin air, but keep about 10%. And if we guarantee the system, then there's a bit of a moral hazard there we call in economics, which means you could get riskier and riskier with your loans because now that's exchangeable with the government, not just you. And so the government's on the line. So you're like, why don't I just issue more and more of these notes. Why don't I just take more and more risk? And more and more money would circulate. And that is the money of the economy. When you look at the economy today, there's approximately 97% of every dollar in existence is somebody else's debt. There's only
Starting point is 00:34:33 3% of what you would call, you know, cash, money that's issued by a government. The rest of it is issued by a bank. And so now, fast forward to where we are today, if you want to, how is money you created? Where does it come from? Well, they said fractional reserve. And what that means is you have to keep some of it on reserve. And then you can create many, many times, fractions,
Starting point is 00:35:00 10 times over that money. And over time, lots of banks went bust, and then they would legalize the system. And it would go through this, these different legislative changes as it passed by. Now, there's one interesting concept, which is, what do they do? They don't just give you a loan and say,
Starting point is 00:35:23 you know, pay me back $100. They say, here's a receipt for $100 worth of gold. You've got to give me back $100, but you've also got to pay interest on that if they start issuing loans. So now they say, you know, this $100 note that I give you, it's worth $110 to me. You've got to pay $10.
Starting point is 00:35:40 interest and whatever the terms of the loan is. Where's the money to pay the interest? So it was originally backed by gold. Then they started, you know, creating more and more paper notes against that gold. And then they say, but you've also got to pay us the interest. On the fake stuff. On the fake stuff. On the fake paper. On all the fake paper. But that doesn't exist because no one's issuing that loan. And so then you're like, well, how does this work? It doesn't exist because no one's issuing that loan. Yep. So, You've put this piece of paper is the $100 in the economy. Yeah.
Starting point is 00:36:15 But you've got to give me back $110. You know, who creates that $10 for you to repay me? Right. Well, you have to go out and you have to perform economic activity. You have to earn it. Right. But how did they get the money to pay you? Well, they had to borrow it in the first place.
Starting point is 00:36:32 And so money became debt. All money is debt where there's not enough interest to pay down the debt. So if you look at the economy today, The government has $40 trillion of debt. Right. And it has to pay a trillion dollars of interest or the U.S. government, sorry. The U.S. government has $40 trillion of debt and it has to pay approximately $1.2 trillion by the end of this year. A year.
Starting point is 00:36:55 1.2 trillion. Yeah. That yield doesn't exist. A year. Yes. That money does not exist. That money does not exist. So it has to be borrowed by either an individual that takes out a mortgage, a business that maybe takes out some bonds or bonds.
Starting point is 00:37:10 against their stock and their company, or the government takes it on. But someone has to borrow because it is by definition a Ponzi scheme. So the government has to borrow the trillion dollars that they owe in interest. They have to roll over the debt. They're not collecting that through taxes.
Starting point is 00:37:31 Taxes is just a mechanism for trying to control prices. The budget, the government is not funded by taxes. The government is funded by taxes. government is funded by debt. And so the government then has to repay more and more. Now you understand the history of empires. Remember we talked about this three-tiered structure. Yeah. You have a central bank that guarantees the system. You have a stock market that effectively privatizes all gains from these economic activities. You know, when they go out and they create activities, they create new value and it comes to the stock market. But,
Starting point is 00:38:09 But who borrows the money? Well, initially people. So in order to create money, you need to take on a mortgage, student loan, credit card, debt. So you max out individuals as far as you can with debt. Then you start to look at businesses. So businesses can take their stock and they can borrow against it. They can have these corporate bonds. They can have large, massive loans.
Starting point is 00:38:35 But if the whole thing collapses, you have to dump the debt on the government. And so what the central bank does is its mechanism is to be the guarantor of all of these banks. And what does a guarantor of all of these banks mean? It means that you socialize the losses. Any losses are socialized across the population through government debt. You, every American, has your share of the national debt. So we all have all the people have to pay it back. They all have to pay it.
Starting point is 00:39:06 And because what are you doing every time there's loans, happen, it creates new money. When it creates new money, it means the price of everything goes up, which is commonly known as inflation. Right. So everybody pays it through higher prices. So we are providing the social welfare for the government. You are, yes. And now when you ask, is America a capitalist country, the answer is if it had a hard monetary system and by a hard monetary system, there is, you know, it's hard money. It's all gold or whatever it may be as it was historically. But if it's a debt-based Ponzi scheme where there's not enough money to pay the interest and you have to roll over the debt to continue, then what happens is you have a central
Starting point is 00:39:51 bank and what does that central bank do? It socializes losses, burdens the government with all the debt, rolls it over for as long as the government can do it, and it privatizes all the gains into the stock market. And that is a system of central banking. The banks create the money, the central bank's banks guarantee the system. They rinse as much debt on the government as they can. And then that money is spent into stocks and it goes, the stock market goes up and up and up. And so does inflation and so do interest rates.
Starting point is 00:40:25 And the more or more money you pump, and what is money, money is debt. The more and more money you pump into the economy. And the only way to pump money into the economy is for you to take on more credit cards, more mortgages, more student loans, more debt, businesses to take on more or governments to take on more. The more they take on, the higher prices get. And so the prices of things go up and the prices of assets go up.
Starting point is 00:40:48 And your job in running an empire is to play that merry-go round for as long as you can. Oh, my God. And so what did the Bank of England do? The Bank of England created, well, we had the Dutch, but the Brits copied it from the Dutch. the Dutch were the inventors. The Dutch said, let's create a stock called the Dutch East India Company. The Dutch East India Company was the way of privatizing all the profits from colonialism and war for the Dutch.
Starting point is 00:41:20 They invented the largest naval fleet in the world. They were able to go and invade other countries. They had superior ship technology. And they were able to just go steal people's gold resources. A private company. And they were able to just steal everyone's gold, all their resources, engage in the transatlantic slave trade, whatever they needed to do, you know, under this structure. And then, but where do you get the money from? Obviously, the banks get to create it.
Starting point is 00:41:50 But once the banks, once those loans, once everyone wants their money, you just dump it on the government. Wow. And so the government debt goes up and up and up and so the Dutch government's debt went up and up and up. The stock market goes up and up and up. Those that can print the money, the banks, they're able to get these assets with money they create out of thin air. And then inflation and interest rates also rise with it. Yeah. Now look at this wealth transfer.
Starting point is 00:42:19 This really helps us hopefully understand today. What's the wealth transfer? If you own the assets, what historically happens is the value of your assets go up faster than the price of goods. So everyone else is paying higher, higher, higher, higher prices. But these people are protected because, let's say prices of, you know, just general goods are going up 4%. And prices of stocks are going up 8%. They're getting 4% wealthier every year. These people don't own any assets, but they're paying 4% more.
Starting point is 00:42:53 And so slowly they're getting, the prices is going up. They're supplementing more and more of it with debt. They don't own any assets. And we also get tax on that little margin as well, right? Oh, and then you need to pay the tax. And let's not also forget that we'll get into it. Again, Larry Fink created a product, which is very, very interesting, which is basically the banks were creating all these mortgages.
Starting point is 00:43:21 And then the bank said, but we don't want to take the risk on. What are we going to do? We're going to package all those mortgages up. And then we're going to sell them to your pension. So BlackRock, Larry Fink created what's called a mortgage-backed security that says, you go create as many mortgages as you can, and then give them over to me, and then I'll take pensioners money and we'll buy them. And so the pensioner was on the hook for all the mortgages, right?
Starting point is 00:43:50 And so not only are you paying the tax to cover some of the interest, you're also taking on the debt, so you are the product, and you're contributing every month to your pension, which gives Black Rock more power, and then they're dumping all the risk on you. And if you play that game well, then hopefully your assets go up more than the general prices of goods. And so right now, there's a lot of controversy around boomers versus the younger generation. Right, right. You know, boomers were in that time when they could kind of work, their wages were going up. They bought their house for $30,000.
Starting point is 00:44:28 Yeah. refused to sell it for a penny less than a million. Because they were around the post-World War II era. So what happened? Well, the Dutch bankrupted the Dutch government, socialized all the money into the Dutch stock market, received all the yield on the debt, so the government has to keep paying to the bondholders.
Starting point is 00:44:49 And then the central bank would guarantee the system. Now, eventually what happens here is the wealthy and the average person and just go further and further apart. So those that own the assets go further up the ladder. Those that own the debt are the product and they go further down the ladder. And they just get worse and worse and worse. That's called the K-shaped economy.
Starting point is 00:45:10 That's where we are today. The K-shaped economy. Yes, I think of just a K, and you've got the asset owner going up and up and up with their wealth, and the average person that doesn't own the assets going down and down with their real wealth. Everything's getting more expensive. They're taking on more debt.
Starting point is 00:45:25 Their wages aren't going up at the same rate. the assets. And so if you can print the money, if you're the bank, you get all the assets. Think of imagine. Yeah. So people who earn money from manual labor, people who do blue collar jobs, people who have to work with their hands to earn income, they're the ones that are going down. And the people who use money to make more money are the ones that are going up. You got it. Yeah. And that is the process of the stock market, the bond market. in the central banking system. It's not capitalism. Capitalism requires a monetary system that works. That's not a Ponzi scheme. So then you ask me, what is America today and what is Britain?
Starting point is 00:46:10 What is that? Well, that same thing that happened to the Dutch, happened to the Brits. And in order to transfer from one empire to another, you normally need wars and you need to manufacture crisis. Because what happens with every crisis? With every crisis, you price people out of all of their assets. These people that can access the money end up buying those assets on the cheap. Think COVID, think global financial crisis, think all of these like different disasters we've seen over time. Yeah. You end up, why? Because the central bank guarantees the system, the government's on the hook for the debt. The banks receive all of the interest on the debt, the financial industrial complex,
Starting point is 00:46:54 and the values all pushed into the stock market. So you subordinate a good. government, the further this goes. And the government works for you at that stage. You know, whoever, whoever is, and at the moment, the bondholders, you know, are the ones that control the U.S. government, the financial industrial complex. You're talking about Black Rock State Street and Vanguard. Yes, but they also have a bit of a keep, keep ourselves in check because they all have different superpowers in this financial industrial complex. Okay. The commercial bank, their superpower is the ability to create money every time they issue a loan. An asset manager can't do that. An asset manager's superpower is to take all the voting rights and board seats
Starting point is 00:47:32 and allocate all the capital for everybody that's contributing all their money. Okay. An investment bank superpower is to take a company, turn it into a product, and subordinate it to their own interest. So if you're, again, let's go through Elon Musk. Yeah. Elon Musk, most people think, okay, richest man in the world, trillioner. But who does he answer to? where he answers to his shareholders. And most of his net worth is based upon the share price of Tesla stock. So Elon Musk has a special trick.
Starting point is 00:48:05 He's not like a worker, a blue-collar worker that's contributing to his pension every month and once he retires, he gets the stock market value. He's got money outside the pension system. He's got his stock, and his stock is Tesla. So a bank will go, when I worked in investment banking, you try and find these people that have significant liquid stocks.
Starting point is 00:48:26 Stocks are easy to buy and sell. And then you'd say to them, hey, do you know what? Rather than sell your stocks and paying any tax, I'll issue a loan against your stock. Give me your stock and use that as collateral, i.e. you give me your stock, then I'll give you a loan. So the banks get to create more money. They get to issue these big loans and it's guaranteed by their stock.
Starting point is 00:48:52 And if for any reason they stop repaying, that loan, then you can just sell the stock. And just like if anyone stops paying their mortgage, you can just take their house. Right. And so this mechanism is how you subordinate all the world's entrepreneurs. And then as you create crashes, their wealth is dependent upon stock options, which means that shares have to go to a certain price. How did Elon pay for X? He borrowed against his stock. Borrowed against his Tesla stock? Yes, he borrowed against his Tesla stock. Okay. And then the bank then said, and you have to co-in, and you have to co, you know, when you purchase it,
Starting point is 00:49:31 you have to do it with these guys. And these guys were the Abu Dhabi sovereign wealth fund, the Saudi sovereign wealth fund. And so these are the big pools of capital that own most of the stocks. And Tesla stocks. Well, they invested in Tesla, but most of the AI, if you look at who are the largest holders, It's Black Rock, its State Street, is Vanguard. Then you go further down the line and you've got the Gulf Sovereign Wealth Fund, the Aber Dhabi Sovereign World Fund, the Singapore Sovereign World Fund, the Norwegian Sovereign. Now, are these all, are these wealth funds, are these equivalent to Vanguard State Street and Black Rock in other countries?
Starting point is 00:50:11 No, they're a slightly different player. Okay. Okay. So what do they got? And then also, don't the, a lot of the Gulf states, don't they do something with the, the, oil, they sell the oil in exchange for the US dollar and then they take the US dollars and invest it. Is that right? In the US economy? Yeah. So that's the petro dollar. We can get into that. Okay. Okay. Um, so what do the Gulf, what do the sovereign wealth funds do? Well, they are the countries that manage to keep their resources. And so if you look at America,
Starting point is 00:50:51 America doesn't own any oil. Okay. So when Trump's saying, you know, we don't own any oil? You own some oil, just to be accurate, it's called a strategic petroleum reserve. Okay. And so you buy your oil. You don't own the oil. You have to buy it from a company that's extracting oil.
Starting point is 00:51:10 So America owns whatever it buys. And that's called a strategic petroleum reserve. And whenever you want to kind of influence the price of oil, America can say, will release a bunch of oil on the market from our reserves. And that will kind of push the price down a bit. That's what America's been doing throughout the closure of the Strait of Fameas. The two countries that have released the most of their reserves were Japan and America to try and get the price down.
Starting point is 00:51:36 Okay. So a sovereign wealth fund says, well, we own our oil. So Saudi Arabia owns its oil. It's owned by the nation state. Okay. So when you, we were, we were originally talking about Israel. Israel doesn't own hardly anything. Israel owns its defense companies, its military companies. It's got a tiny sovereign wealth fund about $2 billion, insignificant. But it's got a bunch of wealthy billionaires all around it that own all the value. And so you can use Israel to extract a shitload of value for yourself. But the actual country doesn't own its resources or its assets because it's structured very similar to America, to UK, to Europe. The value is concentrated in private ownership, you know, in stocks.
Starting point is 00:52:25 And so the Israeli stock market can do very well while the economy gets absolutely crucified. Okay. And those are two different things. So the average person in America could be doing really, really badly, but stocks can be at new all-time highs. Example, the British right now. I couldn't think of a worse economy that's being asset strip more than the United Kingdom right now in terms of, you know, what it is, but stocks are at new, still at all-time highs.
Starting point is 00:52:53 So throughout the whole fall of the British Empire, stocks just kept going up, but the, the burden on the government debt just kept going up. And the average person was their standard of living is getting worse and worse, unless they own their property and they own the stocks. And so, you know, what the difference with the Gulf countries was Singapore, with Norway, with China, China's their own one. get into that. Then once we'll put all this together, it kind of helps us answer your original question. Okay. Long way around. But I hope this is like, yeah, no, this makes this is a very, very good.
Starting point is 00:53:29 Saudi owns its oil. So Saudi as an entity, a government, a nation state, is able to negotiate with this financial industrial complex because it's got its own money. It's not a fully, you know, it's not all private interest. It's actually a nation state. Okay. Okay. So Saudi extracts oil. There's a company called Saudi Aramco and Saudi Aramco is fully owned by the government. And the government owns it. And the government gets the money.
Starting point is 00:53:57 Okay. What does it do with that money? Well, it invests that money. And that's called a sovereign wealth fund. Got it. Yeah. I understand. Yeah.
Starting point is 00:54:04 Makes sense. Yeah. We don't have any of those in the U.S. No. You don't have any because you privatized it all. You gave it away. Right. So when America, you know, when America effectively, sorry to say this,
Starting point is 00:54:16 look, this is the British model, so I can say this. Right. You're not going to hurt my feelings. But when you genocided the natives and you expanded through settler colonialism, which was Europeans and Brits and Italians and various other people, right. You privatized all the oil and handed over, you know, as this later became important in the Industrial Revolution. You know, so the way Israel expanded is exactly the model of how America was created.
Starting point is 00:54:46 you know, settler colonialism, ethnic cleansing of the locals. Control of media, then propagate a story, you know, weaponized religious narratives in order to make people want to join an army. Think what Israel is. Israel is make people think that the Jews, they're not safe anywhere in the world, create force flagged terrorist attacks all around the world to make Jews feel like they should come to Israel. when they come to Israel, you grow the population. So you get a population of Jews. And then you radicalize them into thinking that they're saving the Jews by engaging in ethnic cleansing and genocide and all the things.
Starting point is 00:55:31 And then the Messiah returns. You have a story, the Messiah, whatever your end of time philosophy is, if they're religious. But population growth is the model. You're trying to get a population. And then when they become a member, they have to do. join the IDF for three years. And so once you're in the IDF, you've built an army, then you can use that army to destabilize the region.
Starting point is 00:55:55 And when you destabilize the region, you're able to negotiate with countries that actually have oil, Saudi, Iran, Lebanon. When you destabilize the region, that enables you to negotiate? Yeah, that allows you to follow a few models. And that's kind of the British model, the British East India company.
Starting point is 00:56:14 We'd go to countries, we destroy their currencies, We'd steal their actual resources that we wanted. Steele their oil, still their poppy. We'd try and destabilize the country by doing color revolutions. And we put dictators in that would have massive financial incentives to serve themselves but serve us. That's the color revolution. The quote unquote dictator. They're all installed.
Starting point is 00:56:41 They work for us. And so their job is to make sure their people don't. and get the resources and we get the resources. Right. That's the British model. You know, that was the British East India Company. We can go into extreme examples. Very interesting.
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Starting point is 00:57:58 It was probably a year and a half, I don't know how many. It was maybe a year ago, maybe a year and a half ago when Lindsay Graham, God rest his soul, said something about Ukraine. And he made a comment publicly about like, we can't let China get their hands on Ukraine. There's trillions of dollars in natural resources and minerals in Ukraine. Yeah. So Lindsay Graham is a politician. Was.
Starting point is 00:58:20 Was a politician, correct? That served the interest of the military industrial complex. He was fully sponsored by military companies. Lockheed Martin, General Dynamic, Raytheum, Boeing, Pallender. Now, what there is is a very elaborate money laundering scheme between America and Israel and this different type of thing. So remember what the job is? bankrupt the government, socialize the losses, privatize the gains into the stock market. Right. So what do you do? You get the government to using religious narratives. We have to
Starting point is 00:58:56 protect the Jews. You know, we are defending democracy. It's the only democracy, you know, this whatever narrative you need to be acceptable to the people. Right. You send billions of dollars over to Israel. And then Israel has a tied contract with that. aid where it has to be spent back on. Yeah. So this just came. This was a big thing that came out recently. I saw Tucker did this huge post about this where we did this new thing where we were
Starting point is 00:59:27 giving Israel like thousands of dollars or thousands of these missiles or something or these bombs, these two ton, two million dollar bombs or something like this. It was basically like billions of dollars worth of bombs that were giving them. But the real, the real way it worked is we, gave them like billions of dollars in cash and then they used that cash to buy the bombs from us. You got it. Okay. Think about it, right? So you have to roll over the Ponzi.
Starting point is 00:59:55 Can you find the actual tweet that he did so it explains what it was? Yeah. So you have to roll over the Ponzi. That means government needs to keep going. Sorry, debt needs to keep going. Right. By hook or crook. Create war. Do whatever you need to do.
Starting point is 01:00:10 Create more debt. Okay. That money then goes as aid over to Israel. And then Israel gets to spend some of it on Israeli military companies. In the case of Israel, those companies used to be, they're currently owned by the state of Israel. So it is actually a state asset. Sovereign. The main, the main, but they're currently being privatized.
Starting point is 01:00:33 So they're about to do their public offering. Okay. So the investment banks has got to the military companies. There's a bit of a dispute there because there's, you know, confidentiality of information that's being negotiated, delaying those public offerings. But the investment bank says, I want those state assets. I want you to be public because then they get to own those shares through this mechanism of creating money. And so their job is to subordinate governments as much as they can.
Starting point is 01:00:58 Okay. So when people think about Israel, they get the whole APAC funding. They get this whole mechanism from the American side, but they never ask the question of who lobbies Israel. Exactly. Is Netting Yahoo the boss? Exactly. Of course he's not the boss. Right.
Starting point is 01:01:15 If Trump's not the boss, how is Netanyahu the boss? Like who is pulling Netanyahu strings? Yeah, exactly. And he works for the military companies and technical companies, the technical industrial complex and the military industrial complex. His job is to manufacture. What technical, what company specifically? So in the Israeli side, you've got Albert Systems, you've got IAI, I think that's the right one. You've got different companies on the Israeli stock market, which are controlled.
Starting point is 01:01:45 by in general, who were those shareholders? The Israeli pension fund managed by Western finance. The Israeli ETF managed by BlackRock. And so at the top of here, you've got a whole similar structure above Israel. Now, they're trying to keep some of their state assets, which is military, and they've managed to keep some of those. And they're trying to take over Lebanon, get some of the natural gas, see if they can get some of that energy.
Starting point is 01:02:15 And just, you know, their job is to make sure that there's always war. Because the more war there is, the more they can funnel the money back to the military stock market stocks, Palantir, you know, all those different companies. And their billionaire class are also massive shareholders in all those companies. So then you have this confusing things. A lot of them are American. They're American Jews, you know, but they've got an allegiance to Israel. And yet when you look behind them, have they got an allegiance to Israel?
Starting point is 01:02:45 Or do they make a shit ton of money because they're invested in settlements in the West Bank, a bunch of pallioteer stock? Right. So they're extracting value using their magic power of, you know, being connected and affiliated to Israel. But they're just extracting all of this wealth as well. Because it's convenient for them. It's convenient. It's financially profitable. All they care about is their own profits and their own finances.
Starting point is 01:03:10 and publicly they're using Israel because it's convenient for the narrative. In general, but there is also an element of radicalization. Like, do these people really believe the Messiah's coming and like this whole Pax-Judaica thing that... Do I believe that Peter Thiel thinks that? No, I don't. I don't think he believes it, but what, like, do... Does Netanyahu believe it? Absolutely not. Ben-Gavir and Netanyahu all these people that...
Starting point is 01:03:35 They, I probably think, do believe it. Now, they can either be... So you can, you know, politicians are useful if they're radicalized in this way because then you can use them as tools and weapons. Like real power, they don't believe half this shit. Right. But if they can find those radicalized ones, then they're useful to serve certain interests. They're useful tools. What'd you find, Steve?
Starting point is 01:03:56 I think I found the post that you were talking about. This is the post. 40,000 tons of bombs that we are selling to Israel. Mark 84 and blue here. Here is. What's the price? What's the ticket on this? Congress appropriates money to the executive branch, which transfers the cash to Israel to buy American-made weapons.
Starting point is 01:04:18 It's $3 billion. $3 billion. The bill in this case is $3 billion. And add that to the $352 billion that the U.S. Treasury has transferred to Israel since 1951. Okay. It's a stock market stimulus. Right. All of that money goes right back into our stock market.
Starting point is 01:04:34 Dumping on the government. Everyone pays through inflation. and those that only assets, they do well. It's a magic trick. It's a magic trick. And so the fall of the British Empire was once all the value had been extracted. You know, you asset strip as much as you can from the Dutch. You then asset strip as much as you can from the Brits.
Starting point is 01:04:56 And then you just create the same structure in America, which was the formation of the Federal Reserve. And then all the value of the military industrial complex from World War I, Great Depression, World War II, concentrates wealth upwards. And then you're just left in post-World War II, this very elaborate structure. Three more institutions, which I think are worth understanding. Okay. You can put the whole picture together and we can try and make it more current.
Starting point is 01:05:24 How we doing? Are you okay with this? We're great. Yeah. I'm tracking. I'm tracking. Not in outer space yet. All right. Cool. So after World War I, the Germans had to take on all the debt from the entire world of World War I. Okay. In order to manage that debt, no one wanted their currency. Because if you want to, if you say, you've got to pay me, you know, a trillion dollars for all of
Starting point is 01:05:51 this debt from the war, then they're going to say, well, I can pay you in my own currency because we can print it. And then they're going to say, but if you print it, it's going to be worth nothing. Right. Okay. So they said, we don't want your currency. We want your gold. Okay. So the bank for international settlements were set up in order to, at the Treaty of Versailles, which was an agreement in France, to dump all of the war debt from World War I on the German nation state. And the German nation state had nowhere near, it had a big economic, you know, it had a big base in terms of manufacturing. You know, companies like Volkswagen were created like during World War II and the Hitler regime and all of that fascism and all that stuff. But the problem was that we had this great depression between the world wars and Germany ended up with all the debt.
Starting point is 01:06:45 And they had to pay in gold. So the Bank for International Settlements was set up to manage those reparation payments and those repayments. And the Bank for International settlements didn't actually store any of the gold. It had an agreement with three central banks, the Bank of England, the Federal Reserve, and the Swiss Central Bank. bank, they had the actual gold. So the Bank of England would store the gold.
Starting point is 01:07:12 Now what's interesting, if you look during World War II, when Hitler would go and invade a new country, like he invaded Czechoslovakia, then the Rice Bank, which is the central bank, do you remember we're talking about the German Central Bank that also had this brother on the Federal Reserve as governor? They would contact the bank for international settlements and say, hey, you know that gold, that used to belong to Czechoslovakia. How much is it? And they'd be like, well, there's, you know, X amount of tons. They'd be like, right, can you make that Germany's now? And so every time Hitler invaded a country, the bank for international settlements would transfer the gold over to Germany.
Starting point is 01:07:52 But it wasn't a transfer. It was just literally called the Bank of England, call the Federal Reserve, call the Swiss Central Bank, and change the label on those gold bars. That's now Germany's. It's no longer Czechoslovakia's. Okay. So while allegedly America and Britain as nation states were fighting against the Nazi regime, the Bank for International Settlements, every time Hitler invaded a new country, was making gold to back the currency. There's.
Starting point is 01:08:23 And so what did Hitler do between that, you know, what was the rise of Hitler? Effectively, after the Treaty of Versailles, after the Bank for International settlements was created. After managing bankrupting the government with all this gold debt, they started printing their currency. Their currency became worthless. There was the Valmar Republic. We had massive degeneracy. We had the worst economic circumstances. Any German that had savings lost all their savings. You know, we were at that rampant wealth extraction, currency destruction, which means that you get to buy all their assets, on the cheap. Right. And so Hitler came along with a nationalist uprising to all the Germans and said, hey, we're going to print our own currency and we're not going to do it as debt.
Starting point is 01:09:14 We're just going to print currency and invest in building shit in Germany. And that's exactly what he did. He just print currency and then employ people. And so they got rid of their inflation. They ended up in full employment. Everyone was put to production. productive use. And they build factory after factory to build a nationalist vision in Germany. Now, printing all of that money, eventually, you have to, you know, eventually, that's where we enter into World War II. He needed to back it by gold. So he started invading countries in order to try and back it by gold. And then he took that productive building that was building Germany and turned it into military companies. And so then,
Starting point is 01:10:02 started man it rather than manufacturing cars they started manufacturing bonds and what happens is when you manufacture for war you just get wealth extraction to the the elite class and the debt is left on the people and so that's that's what happened throughout world war two um and then you had the whole you know reforming a banking arresting of rothschilds and then you had the holocaust um and the rest is history oh wow now At the end of World War II, Germany is destroyed. He split it up into East and West Germany. Right.
Starting point is 01:10:38 The Soviet Union is, you know, pushing forward with communism. The government's getting more and more powerful, getting more and more resources. Because that leads into the third type of country. So we had sovereign wealth funds, the Gulf countries and them. You have America fully subordinate to Fick Mick and Tick, subordinate to capital. then you have the final type of country, which is I'd classify as China today. So China has the most sovereign government in the world. What that means is that the government's in charge.
Starting point is 01:11:13 Similar to the Soviet Union. Similar to Soviet Union, but it's not communism. It's radical capitalism at the bottom. Okay. Like literally no intellectual property. Anyone can create business. Anyone can copy each other. Okay.
Starting point is 01:11:26 You know, no protections. Cut-throat capitalism. All that's like, cut-throat capital. capitalism for everybody. But if you become bigger than the government, so if you create the next Google, if you create Alibaba, if you create Huawei, then align with the government or you'll be taken out. No company is allowed to become more important than the government. So you can't have a Mick, Fick and Tick in China that's above the government. So in China, in America, you have the government, then you have Mick, tick, and then you have Fick at the top because they got all the capital. They get to create all of the government. money. They own the bonds. They pulled all the pension. They can access the capital. They got all the board seats. They can subordinate all the entrepreneurs. They got Silicon Valley. They can put people through the sausage factory of becoming a public company and put them through the structure. Right. And then you can pay lobbies. You can, you know, do all that to capture a government.
Starting point is 01:12:23 You can groom politicians. They're in charge. Right. They're in charge. Yeah. But in China, that's not how it works. And China is the government stays in charge. Yeah. Off with your head if you're not going to agree. Exactly. Yeah. So you do what you do you need to do.
Starting point is 01:12:37 But we're in charge. You know, the reason for that is because China was the victim of the British Empire, right? The century of humiliation, opium wars. Like we would go, you know, and this is kind of like the crown. It was a great Adam Curtis documentary about this. Okay. Yeah. Yeah.
Starting point is 01:12:53 So the bank HSBC in Hong Kong was created to facilitate the drug trade where, the Crown, the British East India Company. You know, it looked like we were in India to facilitate tea trades, but under all the tea was all the opium. And then the opium needed a bank, HSBC, and then it would try and get, it wanted India's gold and China's silver. And so we created this trade where we would facilitate
Starting point is 01:13:20 opium trade from India, get the Chinese addicted to opium, and then we would use our military might in order to try and subordinate the kind of country, take it over. And then that led to Hong Kong and the settlement with Hong Kong. Okay. Now, in reaction to that, and the Japan, the Korean side, all the different atrocities that happened, they said never again, we're going to build a hundred year plan. They said, we're going to have
Starting point is 01:13:48 a century of building. Yeah, China. So China said, after a century of humiliation, we're going to do a century of building. And so they expelled all the bankers. They implemented their own nationalized central bank. called the PBOC, the People's Bank of China. They implemented... And they don't allow Chinese people to invest in the US more than $50,000 a year. Yeah, they had capital controls so that the country doesn't become foreign owned.
Starting point is 01:14:14 So if you look at America, $70 trillion of value is foreign owned. So America is not sovereign as a country because the FIC owns it, the foreign sovereign wealth Fund and even China, the largest sovereign world funds, they own a massive chunk of the value. So $70 trillion of U.S. assets, real estate stock market. What percent of our assets is that again? About 20, 30 percent is foreign. 30 percent of American assets is owned by foreign. Yeah.
Starting point is 01:14:44 Foreign people or companies or. So about, yeah, foreign institutions and people and various other things. Then you have about. What about the Cayman Islands bank? Kaman Island is the remnant. of the British Empire. So I live on one of those islands, but when... You live in the Cayman?
Starting point is 01:15:02 I don't live in the Cayman. Our companies are. Oh, you live in one of the Channel Islands. Right. Okay. But when the British Empire started to really fall, so post-World War II, we're talking about these institutions. The final moment of the British Empire was when they could no longer colonize and we had
Starting point is 01:15:21 this decolonization movement. And a lot of the African leaders would take back control of their country, the Asian countries would rebel and the system got so complicated that the British Empire could just no longer manage it. The debt was exploding for the government. The British East India Company had dissolved. We transferred all the value over to the American system. We installed the Federal Reserve. We had World War I, Great Depression, World War II. But the remnants of it, the final nail in the coffin was 1954 when Egypt was a nationalist uprising to take control of their oil. and take control of the Suez Canal.
Starting point is 01:16:00 Sound like you're on today? So the British Empire said, no, no, no, no, the Suez Canal is ours. We want to control those, that strategic joke point. Can you pull up a Suez Canal? My geography is about as good as Trump's. Yeah. So you got Egypt in Africa, you got the Mediterranean Sea, and then you got the Suez Canal. A little bit?
Starting point is 01:16:30 Okay. A little more? Okay, so is the Suez Canal just that top area? Or is it the whole straight? It's the whole straight that Egypt controls there. Okay, got it. And Britain wanted to control this. Britain controlled it.
Starting point is 01:16:46 They did control it. And Egypt said, we want it back. And they took it back? And so there was a nationalist uprising, led by Nasir, who's like an Egypt nationalist. Right. And he said, that canal, that's ours. And he said that, you know, any energy, any oil, that's ours. You know, and then it.
Starting point is 01:17:05 Rightfully so. I mean, it's in their country. Yes. And the Brits came along and said, hell no. You ain't having it. And the naval fleet came over and there was exactly what's happening in the Strait of a Moose. They tried to impore a blockade. They tried to choke the energy markets.
Starting point is 01:17:25 And in the end, the Egyptians, the British just had to retreat. This was in 54? 1954, yeah. Wow. Why did they claim ownership? Did they help build it? Well, it was part of our colonial expeditions was to control Africa, like the French. The French and the Brits, you know, had, we needed all of the resources. Now, the thing that the British Empire wanted to prevent.
Starting point is 01:17:47 And that was, you were saying that was the straw that broke the camel's back. That was the final moment where the British, the world started to realize those British naval fleets, they ain't so powerful. and the world was empowered and they said, you know, let's work with the Americans. And so the American was a net beneficiary of that. This is when America was going through its, you know, real growth phase on the military industrial complex. It was producing all the weapons around the world. This was the Cold War, right? Yeah, then you only had one force left.
Starting point is 01:18:21 Europe was gone. You know, Europe was destroyed. And in post-World War II, there was a meeting called Bretton Woods. in 1944. This was just around the end of the war. And this is when the Brits and the Americans met up in order to say, what's the new world order? What does the world look like now today? So you had Treaty of Versailles was the Bank for International Settlements. And there were two forces. One was a gentleman called John Maynard Keynes, who's like the cornerstone of economics. If you study economics, you learn about Keynesian economics. It justifies socialism and the government
Starting point is 01:18:58 taking on debt, funded by the financial industrial complex, of course, as all colleges and universities are, to control the education system to build the labor that they need. But John Maynard Keynes wanted a global currency at this time. It was like the last thing that you could do, and it was called Bankor. And the Americans, led by Hoover, said, no, we're not having it. What we're going to do is we're going to create two organizations. One's called the World Bank and the other is called the International Monetary Fund, the IMF. The IMF was an organisation that was set up to take the role from the Bank for International
Starting point is 01:19:38 Settlements because what they said is, look, everyone's on gold. Everyone can convert their currency into gold. But all of this gold is being drained and we got all the gold. Why don't you come off the gold standard, stop allowing people to convert their currencies into gold? instead trade your currency against our currency, the dollar. And they said, look, we promise you do that. You come off the gold standard.
Starting point is 01:20:07 You trade your currency for our currency. The pound is fully convertible into dollars. And then when you've got your dollars, you can convert it into gold. And that was the international monetary fund system. So America said, we will allow dollars to always be convertible into gold. and you come off the gold standard and you trade your currencies against dollars. If you do that,
Starting point is 01:20:30 you can firstly, you need to install a central bank that creates a debt-based Ponzi scheme, as we described in the beginning of this podcast, which is a wealth extracting mechanism, socialized losses, privatized gains. So any country that comes into this system, they need a central bank that's a member of the bank for international settlements.
Starting point is 01:20:48 They need a currency that's not convertible to gold. And they need to make their currency convertible into dollar. That was the agreement. If you do that, then we'll issue you a dollar loan. What year was this again? 44. 44.
Starting point is 01:21:03 Also, it was before the Suez Canal thing. Before the Suez Canal. Okay. Yeah, that was like the last now, as it were. Okay. So you take away the gold standard. You asset strip the entire British government. Mm-hmm.
Starting point is 01:21:16 You socialize all the gains. You socialize all the losses. Right. And then you hand over power to the new empire, which was the American Empire, effectively. And that was represented by the same interest, which is the Fed. Got it. Yeah. So now you're saying that you see the same pattern happening with the United States and the Iran war.
Starting point is 01:21:41 Absolutely. No doubt about it. And so the World Bank was set up to get everyone into debt. And that was like the final. Now you have World Bank, IMF, Bank for International Settlements. These are the cornerstone of the financial industrial complex. And all of the companies that represent the financial industrial complex, whether it be J.P. Morgan, Goldman Sachs, BlackRock, State Street, Vanguard.
Starting point is 01:22:04 They're all public companies. And they all own each other. And they all have the board seats. And so there's this one structure, a bit more decentralized than the British East India company. Right. It's similar. Okay. And they have...
Starting point is 01:22:20 They're kissing cousins. Yeah. They were all co-owned. It's all value in the same stock market, the same board seats. It's a way more decentralized version of that one company model. But it's more covert, just like the Federal Reserve. They made it look a bit more decentralized than a central bank. So, like, the Fed is owned by 12 state central banks.
Starting point is 01:22:43 And then they're owned by whoever has a bank account with the Fed, which is the banks. Got it. So the Fed is owned by the banks. And so you have this. structure. But what is this structure? It's global. It's not nationalistic. It doesn't say we There's no allegiances to any country. In any country. Wherever the profit is to be made, and this is when we entered into this era of globalization. So if China has the cheaper factories, if China has the rare earth minerals, if we can make more money by China doing all that, then fine.
Starting point is 01:23:15 If we have all the capital, we can securitize, financialize. So, you know, we'll just We'll do that. And if the Gulf money has all the sovereign wealth, and Singapore does, and Norway does, then we'll partner with them. And they get to negotiate in this structure. Now, China is the most sovereign country. It has the most negotiation power
Starting point is 01:23:37 against the financial industrial complex in the world. That's why you have capital controls. Because it is a fully sovereign government. Now, let me try and make a correction because you might think I'm like a Chinese propagandist, saying this system's great America's shit. There is a bit of a strange tension here. A sovereign country tends to subordinate its people, right?
Starting point is 01:24:03 So if the government has full control, it has full control over its people, his businesses. And so they tend to be more authoritarian by nature. Now, a non-sovereign, a subordinate country to Mick Fick and Tick has a very covert, shallow leadership structure that people can't understand. They think the government's in charge. I'm sorry, you threw me off.
Starting point is 01:24:26 What is the Mick Fick and Tick? So the MIC is the military industrial complex. Okay, gotcha. Financial and technological. The FIC is financial industrial complex. TIC is technical industrial complex. I'm glad you just ask these questions because I've lost the ability to distinguish
Starting point is 01:24:42 between normal language and jargon. Yeah, yeah. You're in your own universe. Yeah, yeah. So it really helps. And so, yeah, you know, Fick, Mick Tick, U.S. government. China, Chinese government, Mick Fick, Tick, state-controlled. These are, you know, authoritarian, don't really engage in politics.
Starting point is 01:25:04 You're not going to see people in China talking about left and right politics. They know who's in charge. You know, you live in Saudi Arabia, you know who's in charge. You know, you live in America. You think the government's in charge. You think you're voting left and right, but they're owned by the same Fick-M-Tick-Structure on both sides. And so their job is to make people always think that something else is happening, that it's a democracy, that your vote matters. And what Mick Fick and Tick do is that they groom politicians where they work for lobbies.
Starting point is 01:25:38 And if they want to become more and more power, they've got an also the last kind of thing, which I think you would discuss a lot, is, We always talk about this concept of the deep state. You know, MI6, Mossad, CIA, Five Eyes. In general, where do they sit in the structure? Well, they have a complete, hidden, covert structure. In general, they came from being contractors to the military industrial complex. They have a narrative called We Work for National Security. They don't have to disclose any of their finances
Starting point is 01:26:15 other than directly to the president? Well, it's interesting because the way you've laid this all out, if the president works for the financial and the military and the technological, well, the CIA works for the president. Yeah, but let's look a little bit deeper into that. Where does the budget to pay the CIA come from? It comes from military budgets. Right.
Starting point is 01:26:40 What's the four largest line items on the national debt? It's where does all this data? The CIA budget comes from military contractors. So you know the military budget. Yes. You got the Pentagon. Right. Exactly.
Starting point is 01:26:53 And they're able to fund the CIA. Right. That's kind of like, but who who, where does the government get that money from? Bondholders. Bondholders. They're the fick. And then people leave the CIA and get giant government contracts to work for private, private military, industrial complex, private companies. You got it.
Starting point is 01:27:13 So I couldn't prove this. I don't know the, but in my mind, I'm thinking probably 5% of what the CIA does is national security government. I think the vast majority of it is two other activities. One is private contracting. So when they do private contracting to Lockheed Martin, General Dynamic, Raytheum, you know, if you need to order a genocide, you need to order a war, then you have the ability to do that as somebody's privileged, military companies, you know, but who controls the military companies? Capital. So if you're, you know, J.P. Morgan in the structure and you're BlackRock, then you're like, I can give capital to these military companies. I can put board seats. I can subordinate the executives. Their wealth and their incentives are all aligned around get their share price up. What's profitable? The optimum amount of
Starting point is 01:28:13 forever wars, some defense contracts that's less profitable, and then wars that go on for as long as possible, and then some really aggressive action. So they always need that, always need that, because military companies don't give up on revenue. They need constant revenue. So if they're ever negotiating peace in one region, let's say the Middle East is about to move to peace, they need another war. They need to make up for their revenue somewhere else. So they need to escalate through the CIA, Putin invading Ukraine, covert operations. There's another trillion dollars to be made in my estimates from escalating the Russia-European war. America's making all the money. Russia's going to end up with all the land. You get to use all the Ukrainians as your radicalized fighting
Starting point is 01:29:03 force. And until there's no Ukrainians, eventually Black Rock will own the assets. The CIA can stop and then they enter into a negotiation. And there's a very convenient thing that comes from the Russian war, the full subordination and destruction of Europe. That means they get to rebuild shit, right? They get to rebuild all that shit again, which is what they did after World War II when they did the rebuild contract, the Marshall Plan, get the World Bank loan. So Europe gets free- And then BlackRock already get contracts to rebuild Ukraine? Oh, absolutely. Yeah. Yeah. I mean, in its portfolio, remember BlackRock owns everything. It owns everything. So it's fully diversified.
Starting point is 01:29:40 And remember the finance- So one of the companies in its portfolio got the contract to do it. Yeah. So I mean, if you want to make money through renewable energy, you've got all the renewable energy companies, you've got big oil, you've got big farmer, you got the banks, you got everything. You got everything. You got Google, you've got Facebook, you got everything, you got meta, you know, you got Palantir. Whatever happens. And what does the financial industrial complex do?
Starting point is 01:30:03 They also have derivatives, right? What's that? What's that? Derivatives means that you- can, you know, this whole debt mechanism, there's trillions, hundreds of trillions in the derivatives market, which means that effectively you issue these debt contracts against assets, how Elon effectively gets to borrow and uses collateral, right? So the derivatives means that you have this network of hedge funds and these hedge funds are the ones that are able to make money when markets
Starting point is 01:30:35 go down. Right. So you can, you can manage. Imagine you're managing your spreadsheet. You're like, right, we got war here, we try and push this covert operation through there. If it doesn't work, we go short the markets, we got all the assets and resources. If it works, then we get this, and you can just model the whole thing out.
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Starting point is 01:31:21 You know, you've got these consulting companies that will provide all the research for you. They'll tell you peace is a hundred times more profitable than war. You know, we can, you can manage this whole portfolio of the world order. Russia and Ukraine, you know, so what, so when I look at, at Europe right now, I know that I'm, my analysis says, while it looks like chaos and World War III, this is actually the Middle East becoming West Asia again. So they're all aligned with China. Iran's aligned with China. The Gulf countries are aligned with China. You know, you've got, and you need a theatrical, I don't want to use the word theater because then people think fake,
Starting point is 01:32:09 This is all real. Like the deaths are real, the killing's real. But capital doesn't care about that. You know, if you think Gaza's bad, Gaza's a reflection of how our systems always worked. We just get to see it on camera. You know, this is how the systems always worked. It's just, you just didn't know it. You didn't get to see it.
Starting point is 01:32:28 You didn't get see it on camera. And the GCC, the Gulf countries and Europe, you're saying Gulf countries and Europe are being more aligned with China. Well, let's look at this. So you talked about the petro dollar. Let's go to Petro Dollar in today. Those are the two last components. Okay. So we set up the World Bank, we set up the IMF, we set up the Bank for international settlements,
Starting point is 01:32:49 we set up the FIC, make and Tick. Okay. When you were trying to make profits from war, what did the military industrial complex do? Well, it used the strategic tension between communism and capitalism, which is a fake narrative. Yes. Because they profit from both. You know. NATO.
Starting point is 01:33:07 Yeah, yeah, absolutely. So then you have like Operation Gladio, Operation Mockingbird, if you're familiar with all these things. Yeah. Control media narrative through Mockingbird. Gladiou is where the terrorism industry came from, which the first terrorists were really the Israelis after that 1917 Balfour Declaration,
Starting point is 01:33:26 you know, when you had like Lakut and Haganar, which later became the IDF, you know, those were the ones where you would do false flag operations. You would blame it on someone else. Northwoods, Operation Northwoods, whether the plan to fly the jetliner over Cuba and shoot it down? Yeah, so, you know, this is really MI6, CIA Massard,
Starting point is 01:33:47 five eyes, like classic. So whenever you see terrorism, like, here's how it really works. Think of ISIS and Al-Qaeda, even in the Department of Government Efficiency, one of the AI actually released that there was $695 million of funding. via USAID to ISIS and Al Qaeda training camps. So these people, their job is to create a radicalized group, an army, a militia group. And at the higher levels, they're paid by intelligence assets and they auction themselves off. That's their business.
Starting point is 01:34:26 Their business is if the French are willing to pay, if the Gulf are willing to pay, if the Turks are willing to pay, if the Americans are willing to pay. If the Americans are willing to pay. These militant groups in the Middle East. Yes. Now, what their job is to do is make it look like it's religion and also recruit people through radicalizing and all that type of stuff. But really at the higher level, it's destabilizing countries so that you can access their resources. And then you can enter into a FIC negotiation around their resources.
Starting point is 01:34:55 So the terrorism industry is a factory. It's a factory of negotiation with FIC. That's fucking wild. Yeah. I've never heard of explain. this way before. And so if FIC controls the U.S. military, think of the U.S. military as a four-rent militia group like ISIS and al-Qaeda. When FIC wants Venezuel and oil, go get it. Trump, you get to make a shit ton of money out of it, do some insider trading. Now what is your view on the reason
Starting point is 01:35:24 that we did that a Venezuelan operation right before Iran? So what I think FIC is doing is using energy crisis and manufactured crisis in order to split the world into regions because the era of US hegemonic power is being hedged against. It's not we're ending it because the British Empire to the American Empire was like it was like a 10-20 year transition to go from the Bank of England being important to the Federal Reserve being the most important. So I think they're splitting the world up into regions right now. There's no, the Dutch was a natural handover to the British. The British was a natural handover to the Americans. It's all the same kind of structure. But now we got China. China defended. And so you got to deal with China. You can't co-op China. You know, they expelled
Starting point is 01:36:20 all the banksters. They created their own central bank. They have their own nationalized banking system. They have capital controls. You can't launch currency wars. They've got a manufacturing base. They got a a currency that they want to keep cheap, you know, so that they're exports. The whole world needs their product. The Mick, Fick and TIC cannot function without China. That's the important part. There's not an American weapon that can be produced without China. And why is that?
Starting point is 01:36:47 Because they built an infrastructure and it comes down to this petro dollar, globalization, and then today, let's go through those three parts. The petro dollar was the thing that was meant. to bankrupt the American government after the Korean War was the Vietnamese War. So that did bankrupt the American government. And at that stage, this is when France tested whether they could get their gold. And so France showed up with a big naval ship and said, hey, I want my gold. Give me my gold.
Starting point is 01:37:26 I don't want these Federal Reserve notes anymore. I don't want any money in the dollar system. And America said, okay, and other countries were all trying to get their gold. And the gold supply was about to be drained. Now, there's a problem. If you look at America's gold, remember they had 8,000 tons from all these different wars, the British colonial, the Germans, the Russians, all that stuff. That gold sits on two companies' balance sheets, the US government, treasury, and the Federal Reserve.
Starting point is 01:37:57 That gold is double book-kept. it is booked twice. It's owned by the Fed and it's owned by the government. Okay. That's the collateral. Now, since the 50s, I think we've had like one audit or something, and Trump said, we'll audit Fort Knox, but that hasn't happened yet.
Starting point is 01:38:20 But basically, that's the collateral that if everyone wanted their gold, it doesn't exist. Because it's levered up through the, these derivatives markets, these paper contracts against gold. All right. Okay. China has all its gold. It doesn't have paper contracts.
Starting point is 01:38:37 China has all its silver. It doesn't have paper contracts. It doesn't have this hyper financialized market. Okay. So the petro dollar, so France tried to get its gold. And then we had regime change with JFK. I'd summarize. Yeah, didn't he?
Starting point is 01:38:57 I've heard a theory that he wanted to do. something with the federal reserve? There's a theory that why he dies because he wanted to do something to the federal reserve. Yeah. I mean, my personal theory is that you can look at the Mossad connections and the A-PAC stuff and I think that's the most likely. But who were they connected to? Military-industrial complex. So JFK did three things, which
Starting point is 01:39:23 were unforgivable. One of them is he wanted to classify A-PAC foreign financing and take the ability to close that loophole. Yeah, right. Between this money laundering. You wanted them to maybe a foreign agent. Yeah. And so they'd have to, you know, you couldn't lobby as a foreign agent. The second thing he did is he introduced a silver-backed dollar issued by the government.
Starting point is 01:39:51 Not the Fed, but the government. Okay. Which is what Abraham Lincoln did. Abraham Lincoln, if you've seen the Civil War was funded because Abraham Lincoln was against the banks as Andrew Jackson was. Andrew Jackson, Abraham Lincoln, JFK. Andrew Jackson wanted to pay down the debt and not have a central bank and he closed the central bank and paid down the debt. Then he had to be eliminated. How did he die?
Starting point is 01:40:21 I don't know. I mean there's stories around there that poison and also. I don't know. I can speculate. What's the official narrative? Can you find out? What's the official narrative? Ask Google how Andrew Jackson died.
Starting point is 01:40:35 We know how JFK and Lincoln died. Then, yeah, Lincoln issued his own currency, the green back, and it was issued by Treasury rather than created his death. Heart failure. Severe fluid retention. Allegedly heart failure. Yeah. Okay.
Starting point is 01:40:54 Yeah. So, you know, those were the big, remember, again, I don't want to go too deep, we'll carry on, but there was three parts of American history, three central banks, and the last one was the Fed. Those, there were battles between those central banks and the government and who issues currency. Okay. Is basically the battle. And Andrew Jackson, Abraham Lincoln. And then JFK did actually implement law that allowed the Treasury to issue currencies fully convertible into silver. That's the same thing that effectively Hitler did.
Starting point is 01:41:30 Really? Yes. So Hitler printed his own currency by the Treasury, not backed by debt, with no Ponzi scheme. And that was called National Socialism and then, you know, you call it Nazism or whatever. That's that part of history. And then he had to invade the countries to get the gold. Now, JFK, he issued a currency. I think it's fully settled.
Starting point is 01:42:00 I can't remember exactly what happened there. And he's got his infamous speeches where he was talking about the military industrial complex and the shadow government. He wanted to pull everyone out of Vietnam within a couple months. Correct. He wanted to, he stopped the, there was a big nuclear war plan with the Joint Chiefs of Staff where they wanted to nuke Russia and China. And he said no to that. Yeah. So he was regime changed and replaced with a pro-Israeli, pro-MIC, Neo-Con, LBJ, you know, went back to business as usual. Then we had Nixon. And Nixon, after the, you know, the Vietnamese War effectively fully bankrupted the US government. At that stage, Nixon came off the gold standard and reset rules. So this is 1971. Nixon woke up one day and said, hey, you know that Bretton Woods agreement?
Starting point is 01:42:56 Mm-hmm. You know, we said if you want to have gold, like hand in your dollars and we'll give you some gold. Yeah, you can't do that anymore. And so now the dollar was backed by nothing. And it was a full fee at currency, debt-based Ponzi scheme that was simply a function of how much debt the banks could get the world into. And this was the first time in history we had that. 1971. So then what followed? Israel started doing more and more military action across the Middle East. There was a resistance against it, which was the Saudi Arabia and
Starting point is 01:43:39 various other countries did an oil embargo. They spiked the price of oil, but this was unacceptable for America, because America at that time was completely dependent upon the Middle East for its oil. It obviously had its own supplies, but it still needed to supplement it through Middle Eastern partnerships. Right. Saudi who had a partnership with US, because it didn't want to work with the Brits, Iran worked with the Brits to build its oil. Saudi worked with the Americans to build its oil, its oil extraction and various other things. Okay. Saudi slowly started removing itself from its partnership to build its sovereign wealth fund and tried to maintain its own resources. Iran was only able to keep about five, 10 percent of the
Starting point is 01:44:32 revenue from its oil. The rest went to British Petroleum from the colonial days. And so we regime changed, both the CIA and MI6 regime changed the democracy in Iran because they wanted to national nationalized their oil in 1950, 53, right. Just before the Egypt side. So British Petroleum is losing its oil now. You know, it had to go and how did it persuade Carter at the time? Well, it said Iran's a communist, it's working with the Russians, of course. And so then the CIA and MI6 regime changed the democracy, replaced it with the Shah,
Starting point is 01:45:11 the dictator effectively. and managed to keep as much of its oil. And it wasn't until, you know, 79 with the Iranian revolution that it wanted to nationalize its oil and keep its own oil. Hence why Iran is enemy number one to big oil. Now, Saudi complied. Saudi said we'll share 50-50. And then over time, it set up a relationship and it negotiated with the FIC.
Starting point is 01:45:41 Wait, wait, wait. Saudi went 50-50 with who? Well, American private big oil, the big seven oil companies, Chevron, Exxon, Shell, British Petroleum, you know, the big Western. Again, yeah, none of that's owned by the country. It's not British. It's not American. It's just companies that are hosted in Britain and America. Got it.
Starting point is 01:46:01 You know, they don't have the oil. Saudi was receiving 50% of its revenue, building up wealth, but able to negotiate with FIC. And when Israel, you know, did this invasion, they did an oil embargo and this sent the inflation like crazy exactly what's happening now. Oil prices went up like nuts. But there's a major difference today. America has its own energy. You know, that's a very important thing. But at that time, it was fully dependent upon this.
Starting point is 01:46:34 But does big oil care? Big oil doesn't care. Because disasters, manufacturing disasters, is just concentration of power upwards to privatizing gains and losses. Round about this time, there was a covert network of the intelligence network that was set up by the Bush family who were Middle Eastern oil tycoons. And George Bush Sr. set up a covert network called Safari Club. Right. Safari Club was an intelligence sharing network between Saudis, the Bush families, various others. One of the first people they groomed in terms of a CIA asset in this network in Safari Club was Osama bin Laden.
Starting point is 01:47:22 So Asa bin Laden. They groomed him as a CIA asset. Yes. And what do you mean when you say groomed him? Osama bin Laden was a Safari club. Remember we talked about these militias? He had an ideology that allowed him to recruit an army. And our ideology could be weaponized in order to destabilize countries
Starting point is 01:47:45 and get leverage against the Saudi government as well. So when you think of these, when you think of like the Middle East, in case of Saudi, you have like kind of like what you would call the Islamists. Then you have the Saudi like royal monarchy. And these two forces are kind of competing forces within the country's power structure. But they've partnered over time and they figured out ways.
Starting point is 01:48:13 But, you know, there was a whole friction, like the whole divide and conquer operation is a ways if you could fund the quote-unquote Islamists, then the fit can get leverage in negotiating with the royal monarchs. And so what happened with the oil embargo You fund the Islamists to create chaos. To create chaos against the nationalist government, the nationalist elements, the ones that control their oil.
Starting point is 01:48:41 Yeah. You get them to create chaos so that if you can pit them against each other, destroy the country, then you might be able to regime change, put in your own dictator. And extract all the wealth. Right. Which is what they did in Lebanon, in Syria, in, you know, and in all the way down to Gaza, you know, as a laboratory for testing military and technical genocide technology. Right.
Starting point is 01:49:07 But yeah, and the resistance was done by the leader at the time was King Faisal. King Faisal was assassinated in 74, and this was around the time of the creation of the Petro dollar. And so the new set of family, there was a negotiation around that time, like 71, 72, 73, 74, 75, around about that time. This was the oil embargo. This was the massive inflation price increase, energy prices through the roof. It was a disaster that led to a really bad decade ahead, leading through the 80s and everything that we saw from that.
Starting point is 01:49:47 But the petro dollar was a negotiation that said, right, we're going to form all of the countries that kept its oil. We're going to form OPEC. And we're going to negotiate against Western oil. interests. And we're going to say, we're going to unify, rather than me just being Saudi and me just be in Iran and me just being Venezuela, me just be in Argentina. We're going to get together and we're going to pull all of our vast oil resources together and we're going to negotiate with FIC. And we're going to try and persuade them to stop sending our, you know, destroying our country
Starting point is 01:50:20 so that they can do the forever war and rebuild and all of that stuff. So OPEC was formed as a resistance against. And who was all involved in OPEC? All of the big like Gulf countries today, like the Q80s, the Saudis, the Emirates. Today you've got Iran, Venezuela. They're all in OPEC. And what they do is they're a cartel of oil-producing countries that kept their oil, and they all agree how much oil to put out in the market. So they have quotas.
Starting point is 01:50:50 So they say, Iraq, you can produce this much oil. UAEU produce this much oil. Venezuela can produce that much oil. And if we act together, you can produce that much oil. And if we act together. together in unison, then we can negotiate against the private exons and Chevrons and Shells and BP's. Wow.
Starting point is 01:51:11 Now what... Okay. So, when you say that OPEC, these countries getting together, extracting their quota of oil every year to negotiate against Shell and BP and Chevron, what do you mean when you say negotiate against them? Well, Mick Fick tick. Fick can create a war. It can create a forever war. It can destroy your country.
Starting point is 01:51:34 It can rent the U.S. Steel the resources. Steal your resources. And then once you're optimally destroyed and weak, then Fick comes in and says, let's do some rebuild contracts. And they negotiate all the different contracts. So after a war, which is in the case of Iran right now, It's the Memorandum of Understanding.
Starting point is 01:51:57 It said we need, they use different language to make you think something else is happening. So they said 300 billion reparations. So Iran can give a narrative, we're going to get 300 billion, which you've got to make up for. But who's going to pay that 300 billion? Well, is it going to be the Gulf countries? Is it going to be the FIC? Where's the capital going to come from? That determines what the negotiation was.
Starting point is 01:52:19 And they're using the US nation state to say, remove sanctions, and we'll get 300 billion rebuild, you price some of your oil in yen and some of it in dollars, and then you're going to release this amount, and that's what they're negotiating. That's what the Iranian government will be negotiating. And right now, when I was in New York, they were at the United Nations meeting, and Abassarachi and Pradeshian
Starting point is 01:52:45 that represent kind of the reformist elements of the Iranian government. And then you have the IRGC, which is the militarized part of the country. They own the banking system. They own the oil. They own. So when you imagine Iran split in two. So this is where you have to have a bit of nuance, right?
Starting point is 01:53:05 You've got the reformist government. Then you've got the banking, the military, the IRGC, which is the Iranian guard, you know, that wanted to nationalize its oil and dared to try and keep its oil and use it, you know, for its own country's interest. Those two different factions make up Iran. One goes militarily and the other goes down diplomacy. And now we're just getting all these different negotiations that are happening. Trump represents the fick. You know, you can see, if you want to understand what Trump is, look at the recent meeting in Beijing.
Starting point is 01:53:46 So you had Xi Jinping just came to New York. Right. Prior to that, Trump went to Beijing. Right. But Trump didn't come, you know, like Xi Jinping came representing the country. He came with the Mick, Fick, and Tick. He brought everybody. Yeah. So he brought Tim Cook and Tim Cook from Apple said, hey China, Xi Jinping, you know, CCP. You know those factories that we kind of depend upon because otherwise our iPhones would be like $10,000. And we can just be able to continue
Starting point is 01:54:18 producing them in China. And Xi Jinping maybe would have said yes. And, Elon would have said, hey, you know those components I need for those batteries and those electric vehicles, you're going to still give them to us? And Xi Jinping might have said, yeah, yeah, don't worry, we'll give you some of those. And Goldman Sachs and Visa and MasterCard would have said, look, we can't control your SIP system. We can't control that you provide the financial rails to UAE, Saudi and Iran. We have no control over that. But can we in a multipolar world, like get some cut between getting access to your financial system? And so Deutsche Bank announced integration into the SIP's Chinese payment network,
Starting point is 01:55:04 into the dot through the Dollar Swift system. UAE and the Bank for International Settlements set up a network as central bank digital currencies that clear outside the SWIFT and dollar system. And so, you know, there, Trump is there to enrich himself. Well, he provides the leverage for Mick Fick and Tick. And Mick Fick and Tick will negotiate with CCP via the government. And what is his leverage? Well, with China, the leverage of China is that China wants to export more goods.
Starting point is 01:55:39 China wants to sell to America. China wants to sell to America. So Trump is making concessions on what China can export to the United States in exchange for China doing. more business with our big corporations like Apple and Tesla and all that. Yeah, so there's this big deal. So he represents Mick Fick Dick. Right. I got you. And Trump owns the stocks in Mick Fick Dick. And he has the information to insider trader as well. Right. And so and throughout this whole negotiation. He's selling private
Starting point is 01:56:09 access to his truth social so people can get inside access. If you're like on the left, you're like, you know, Trump's the most corrupt person ever. If you're on the right, you're like, Maga, he's taking on China. But neither of those are true. You know, some people would say, like on the left, they'll start thinking Trump's like the dumbest. And he's being absolutely, you know, crucified by Iran. No, he's doing a fantastic job for Fick. He's doing an amazing job for TIC.
Starting point is 01:56:37 He's just being a middleman. Yeah. He's a middleman. And he gets to get rich from the process. Right. And as long, when you get to be, when you get to sit on that throne, you have to be compromised. You know, you're not going to be president without being. compromised. That doesn't happen. You know, if you want to climb those ladders, like the way this
Starting point is 01:56:56 this works is you groom politicians. You say, I'll give you $10,000 and this is the policy I want to happen. You know, oh, it's not our policy. It's a think tank. So they're telling Trump, like you're going to be able to, you're going to make billions of dollars. But you're yeah. So if you look at Trump, then you go down his table. So who was his primary funder, Elon Musk this time round. He's a tick node. Right. Mary Madelson. Then you go down and you got the Bank of New York a Melon dynasty banking family. That's a Fick node. He was the second largest fund. The third largest funder was Mary Madelson. That's a Mick node. That's a military industrial complex. What was the second one? The melon banking family. The melon banking family.
Starting point is 01:57:38 Yeah. So like they're like the hugely important custodian of the Fick holding, you know, trillions of dollars of assets and Bank of New York Mellon is like huge. in terms of part of that plumbing. And so you can see, right, tick. Let's look through his policies. What's the first thing he did? Department of Government Efficiency. Let's pretend we're going to pay off the national debt.
Starting point is 01:58:04 It was like, yes, we're going to pay down the national debt. We're going to make the government more efficient. We're going to stamp out corruption. What did he do? Well, you can't pay down the debt. The dollar is debt. There's no paying down the debt. The debt is there for a debt.
Starting point is 01:58:19 forever. Look at the British debt. Is that going down? It can't go down. It is the pound. You know, so the dollar is debt. So you can't pay down the debt. You can only roll over the debt. So what were they really doing? Well, they were pulling all the data into Palantir and Nax. And, and they were also releasing. Yeah, he was doing an audit of the HHS, the IRS, um, social security, right? Like they were, they were taking all that stuff and integrating it all with the AI into one database. Yes. This is, Catherine Authiston Fitz talks about this.
Starting point is 01:58:57 So immediately, that was the first thing you did, right, collect all the data. Then he said Operation Stargate was it? I can't remember what it's called. I think it was Stargate. Here's half a trillion dollars to build out data centers. And we're going to lead AI. Okay, thank you very much. So that provides the foundation for the AI bubble.
Starting point is 01:59:16 Anthropics about to IPO for two trillion dollars. SpaceX did $1.75 trillion, immediately gets loaded up. The reason that the government's paying so high interest rate right now is because they're competing with the AI companies, because the banks are issuing debt like crazy. Like, you know, they're issuing $800 billion of debt for these AI companies. The US government needs to roll over $10 trillion of debt in the next year or so. And the price, the interest that is paying is,
Starting point is 01:59:48 is blowing out as it is all around the Western world at the moment, as it is in France, as it is in UK, as it is in America. So the FIC owns all those bonds. Yeah. You know, and they're allocating capital globally into multipolarity. So what was the next thing Trump did? He raged a tariff war. It was so predictable what the tariff war would do when you follow the money.
Starting point is 02:00:15 It's firstly, it would be. be small businesses that pay the tariffs because America runs a deficit, which means that it imports more than it exports. It's the importer that pays the tariff. So that was a tax on American small business. The large multinational that works with China, they just get to offset this and negotiate a deal for themselves. So Apple and the Magnificent Seven and Elon and everyone, they don't pay it. And with that, you drive the entire world through these tariffs over to China, over to bricks, over to multipolarity. That is what I believe the FIC wants right now. The FIC is hedging into a multipolar world.
Starting point is 02:00:59 Yeah. What else do you do? You take all the export-dependent countries and they bankrupt their small businesses and the big companies get to buy them all up. Mergers and acquisitions activity went through the roof. the financial industrial complex did so many deals, scooped up so many businesses, a bit like they did in COVID, a bit like they did in the Russia-Ukraine situation,
Starting point is 02:01:22 a bit like they did in the 2008 global financial crisis, a bit like they did in the dot-com boom and bust, long-term capital management, whatever you want to. Every crisis concentrates wealth upwards. And everything comes into the stock market. What do you do? There was a conspiracy theory that people around here believed when we got smashed with those hurricanes
Starting point is 02:01:42 a couple years ago that flooded like pretty much every coastal house in Florida, that there was Black Rock engineered the hurricane so they could buy up all the houses after people moved out. Yeah. Once you figure out how the world actually works, you know, you can go down these conspiracies. And I think there's, you know, like they have the abilities to do these things. Can we prove it? Well, I don't know.
Starting point is 02:02:06 Maybe you don't need to necessarily prove it. We know that they can weaponize it anyway, whether it's real or not. They know how to weaponize it. And it always leads to the same result. So he did tariffs. That reset the world order into multipolarity. I mean, that was the most radical shift in the world since COVID. Because that helped other countries and it really hurt the United States.
Starting point is 02:02:34 Yes. Every country. Well, it didn't, it hurt the United States as a nation state, small business. It hurt, yeah. It helped Mick Fick and. Tick, they crushed it. Mick Fick and Tick did incredibly well out of it, just like they did out of COVID. The app, you know, but all the countries then started to lean into different negotiations with China. And so the whole world renegotiated with China while it was being completely stung as
Starting point is 02:03:03 relationship with America. Now some of the countries were subordinate to Mick Fick and Tick can, but Mick Fick and Tick can use that to get as much as they can. Even the export dependent countries, like Indonesia, various other countries, they had the same effect. The small export exporters got concentrated upwards, and then that puts more concentration of power up to FIC. The next thing he did is he kind of, you know, we had a little taste of it during Department of Government efficiency where people were like revealing it. Wow, there's some covert operations that happen in this country. Remember, the covert operations prop up this system. So I was talking about IMF, covert warfare, all that stuff, USAID funding.
Starting point is 02:03:46 I forgot to say one thing, the third element of how the intelligence networks are funded. And I don't know, you probably know this, but we said Pentagon budgets, which is the actual thing that people think they do. Then we said private contracting with the companies. And that crosses over. But the third way is through off-balance-he activity, I call it. Black budgets. Black budgets, black ops. trillions of dollars from the Pentagon.
Starting point is 02:04:13 Missing trillions, but mainly human trafficking, weapons trafficking, sex trafficking, drugs trafficking, partnership with the cartels and criminal networks. Right. Yeah. So if you need money outside the system, remember, the Pentagon has to be disclosed. That's U.S. You know, public disclosure. The private contractors, they're all public companies.
Starting point is 02:04:34 They have to disclose that. But the black ops is money outside of the system. You can't FOIA the private contractors, though. Yeah. And this is where you understand. and things like we just talked about the petro dollar. So anyway, I wanted to get back to there. Now the petro dollar, the way that worked is when OPEC got leverage and they were negotiating
Starting point is 02:04:52 against big oil and Israel catalyzed it to get to the negotiation point, the end negotiation was that they said, all right, Saudi, you price your oil in dollars. But remember, you can't like hold a trillion dollars at a bank. I mean when you say that, you're saying you can only exchange your oil for U.S. dollars. Yeah, you can only exchange your oil for U.S. dollars and you have to price everything in U.S. dollars. So everyone thinks in terms of one barrel equals this amount of dollars. Okay. Then you have to settle in U.S. dollars.
Starting point is 02:05:31 Now, once you settle in U.S. dollars, that means that you have to hold those funds with the Fed, the Federal Reserve System. And you don't just hold money in a bank because if you're a company, only like, you know, half a $500,000 is guaranteed. Remember it's a Ponzi scheme. So rich people don't store their money in the bank. Wait, what did you say about $500,000 is guaranteed? You know, like FDIC, if you have a bank account, 250,000 of it is guaranteed by deposit insurance. The rest of it is subject to bail-ins that happened in Cyprus. So if you have more than $250,000 at a bank and the bank goes,
Starting point is 02:06:09 bus, you lose that money. Is this for individuals or corporations? That's for individuals and corporations, I think is about 500,000. They can fact check me in the comments, but it's a number around that. Dude, look this up. I had no idea about this. That's another Ponzi scheme, by the way. FDIC, the insurance that insures all the banks and says, in case the bank goes bust,
Starting point is 02:06:27 we'll pay out your insurance for that deposit. It's only got 1% of the value it's insuring. 99% is uninsured. Jesus. So this is an incentive for people to invest. Well, this is why rich people don't leave money at a bank Because the bank you can have your money taken. It's not yours When you deposit your money at a bank, the bank is the legal owner of your money.
Starting point is 02:06:50 Safeguards up to $250,000 per depositor per bank. Okay. Yeah. So if you're rich, don't keep more than $250,000 in your bank now. Absolutely not. So what do you do? Well, you got your dollars. Well, you lend it to the government. You buy bonds.
Starting point is 02:07:06 So they came off the gold standard. standard. The government was bankrupt and they said price it your oil in dollars and then you have to take those dollars and buy bonds and lend it back to me. Roll over the Ponzi. Now, when you own bonds, it would clear through the federal reserve system and you receive the interest off the debt. So you're lending to the government. Hold on. Hold on. All right. So you're selling your oil. I'm selling my oil in exchange for US dollars. And I can only keep $250,000 to make account. So I'm taking all. So I'm taking all. So I'm selling your oil. I'm selling my oil. I'm selling my oil. I'm selling my oil. And I'm going to make a dollar. So I'm taking. So I'm taking all. So I'm all of this US dollars and I'm investing them, I'm buying US bonds. Correct. And do we have to buy US bonds if we're Saudi Arabia? Yeah. And the petrod dollar agreement, you have to buy bonds. We have to buy bonds.
Starting point is 02:07:53 So we're buying US debt. Yes. So effectively, you're lending your dollars back to the US government. And the US government is funding a military that is raging war against your country to negotiate for the fit. What the fuck? Yeah. It gets worse. It gets worse.
Starting point is 02:08:12 What do you get when you have a bond? You receive interest, right? On the debt. There's a trillion dollars of interest. What is the interest? What's the rate? You know, it's variable, so it's in the market. So at the moment, yields are blowing out at 5.3%.
Starting point is 02:08:26 Okay. And that's very expensive. That means mortgages are going to be about 8%, which means that the companies that need to refinance their debt can't afford to refinance at 8%. So, you know, it's very expensive. It impacts the mortgage market, it impacts the credit card market, it impacts the auto loan market. It impacts the market for debt based upon these rates. And so then they say, right, we'll pay you yield, we'll pay you the interest,
Starting point is 02:08:52 but think about how it was done with Israel, but you've got to buy it back from our military companies. So you've got to lend it to us, we'll pay you the interest, but you've got to spend the interest on our military equipment, and then we're going to build a base, a US base in your country. Oh my God. Yeah. And then we're going to use that for the CIA to do intelligence operations in order to manufacture wars around the Middle East.
Starting point is 02:09:18 And so we got Israel as our node, and we gradually find as many bases across the region as we can. And you're paying for it. And the petro dollar agreement was, if you do that, you can also have agreements with U.S. contractors, and it's a protection racket. We won't bomb you.
Starting point is 02:09:38 We won't kill you. We won't destroy your country. And you can maintain your leadership and we won't regime change you. Guess what? We don't care about democracy when it comes to you. We don't care about women's rights when it comes to you because we've got the deal.
Starting point is 02:09:53 You know, so all the narrative on the front is all BS. All BS. Wow. Complete BS. Okay. And what have you got to do? You've got to manufacture the terrorists. You've got to create ISIS and al-Qaeda.
Starting point is 02:10:07 And when we need them, we use them. And if we want to destroy Nigeria, we send in Boko of Iran. Do people like the leaders of Iran, the GCC states and Trump, did they all understand this to the level that you do? Well, absolutely. I'm not in their rooms. They know this. I'm just able. I'm an outside spectator trying to feel.
Starting point is 02:10:34 figure out how this all works. They've got intelligence assets. They know how the system works. Iran's kind of sharing how this is. Do you think Trump understood this before he became president? I think Trump only cares about one thing, making money. Do you think he understood, though, the complexity of the system and how it worked with international capital and the financial industrial complex and how there's this just layer above governments? I think Trump was groomed. for the role, because if he looked back at his history, you know, so he made money with real estate in New York. What's the power structure in New York? Well, you've got the real estate
Starting point is 02:11:17 tycoons, you've got the Jewish mafia, you got the legacy Italian mob. If you get to build Trump Tower in New York, these are protected circles. You know, you have to hang around with some pretty serious people. Doesn't he have one in Russia, too? I know that the bank The bank he borrows from most is ICBC, which is the largest bank in China. Okay. I know that most of his wealth, a massive chunk of his wealth, he really made money through the crypto markets, doing crypto scams in this side. And that laundered a bunch of golf money through UAE. And there was a lot of corrupt structures that happened via the stable coins and the different crypto scams that his family created.
Starting point is 02:12:04 That was a lot of, there was a lot of laundering there. But one of his biggest asset is... Oh, there's a crazy video. I got to send you, Steve. Go ahead, continue. One of his biggest asset is, now this is where it becomes interesting. You've got the lobby money of Elon. You've got the FIC money, you know, the Tick money, the Fick money and the Mick money with
Starting point is 02:12:23 Mary Madelson and Israel. Mm-hmm. But the big chunk of money is actually Affinity Partners, which is his fund, managed that he married into, managed by Jacksonville. Jared Kushner. Jared Kushner is the fund manager. The capital comes from the Gulf Sovereign wealth funds. And that's about $5 billion. It makes money from, this is where I think a lot of his covert influence comes from. It's invested in the Israeli pension fund, which owns a bit of all the military companies in Israel. It's also got some exposure to West Bank settlements.
Starting point is 02:13:04 It's also got a bunch of, so that's kind of, you know, it will be, it's a lot of the deals, I guess, in the rebuild of everything that's being destroyed right now will likely have some investment agreements that go to affinity capital partners. So he's going to profit significantly from the rebuild at the other side of this war. And that's where I think Gulf countries have significant influences. There's something very interested that happened as well. Saudi Aramco, you know the oil that I said was the nation state. It took about 1% of the company and went public. And as a result of that, the CEO of Saudi Aramco joined the board of BlackRock. So now Saudi Gulf money is on the board, which the executives subordinate to board.
Starting point is 02:13:59 And so this is kind of influence you can see that FIC and Solvement. sovereign wealth funds are working together in transnational capital. Now where does the Gulf get its money from? This is where we get round to where we are today. What happened in Trump One? Trump One released, big oil released fracking. And so America became an energy exporter. Big oil became, not America. Big companies hosted in America became energy exporters. So now you're the Saudis and you're thinking, So I'm pricing my oil in dollars.
Starting point is 02:14:36 I'm buying your debt. You're not buying any of our oil anymore. And now you're competing with us. Now you want to start exporting your energy. Where's all my money coming from? It's coming from China. So China's buying all the energy. In US dollars.
Starting point is 02:14:53 So China has a, no, so the petro dollar, round about this time, became 70% petrol dollar, 70% petro yuan. Sorry, 30% Petro-Ewan. So still majority dollars, but they allowed countries to settle in their own currencies. And they stopped buying bonds. And what did they do? Rather than lending to the US government,
Starting point is 02:15:19 they started buying equities. So they started owning the largest tech companies in the world, the Mick Fick and Tick. So they became the most significant investor in Mick Fick and Tick with Chinese money. China was buying the oil The oil was being sold in local currency It was fueling their sovereign wealth funds And those sovereign wealth funds
Starting point is 02:15:48 We're using Chinese yen Chinese yuan buys the energy from the Gulf countries And the golf countries now have the Chinese money They have the Chinese money But also China trades in dollars Okay You know, they have that dollar I mean, as I said,
Starting point is 02:16:03 Mick Fick and Tick are dependent upon China So that whole dollar corridor is very important to China. They're not trying to kill the dollar. They want the dollar to be as strong as possible, and they want their currency to be as weak as possible, because that privatizes all the power upwards, the stronger the dollar gets.
Starting point is 02:16:20 And the weaker the yen gets, the more they can export. And so their economy grows, the weaker the yen gets. The stronger the dollar gets. You're talking about the Saudi economy. I'm talking about the Chinese economy, sorry. The Chinese economy. Now, China is the,
Starting point is 02:16:36 Then so who is Saudi selling its oil to? Because America doesn't need it anymore. China is selling it to China. Right. So China now fuels the sovereign wealth fund of all the Gulf countries. The Gulf are then taking that money and buying U.S. equities. And why are they, they're not forced to do that, though? Are they're choosing to do that?
Starting point is 02:16:53 They're choosing to do it because they're making a shit ton of money out of the U.S. stock market because they partnered with FIC. So they're becoming the financial industrial complex. Exactly. So now the sovereign wealth funds are partners with the FICC. funded by China and all of the Mick Fick and Tick need China for their global empires. Because China is funding it. Yes. That's the power structure of the world. And America, the nation state, UK, the nation state, Europe, the nation state, is subordinate to that power structure.
Starting point is 02:17:27 And... Wow. That's so crazy. So what does that look like? from our perspective in the next 15 to 20 years. Okay. In your view. Well, I, again, I could be wrong about this.
Starting point is 02:17:48 This is my speculation as an outsider to follow in the money. And it seems to be obsessed with that. What do I think Mick Fick and Tick won? Right. And what do I think they're gonna get? So do you think China wants Israel to continue to be a US asset that destabilize access to all the oil? They definitely don't.
Starting point is 02:18:09 if they know that American hegemonic dominance comes from destabilizing the region. Because what's the thing that the Dutch, the British, and the Americans knew could never happen? You can't allow African resources, Middle East and energy to be unified with Russian and Chinese power. Okay. That can't happen. Because the balance is too offset. There's too much. There's too much power. Well, that's what they need to prevent. That's why they created Mick Fick and Tick.
Starting point is 02:18:42 That's why they destabilize the countries. That's why they regime change because they said, we want the resources. We want the money. And you can't have China, Russia, the African country and the Middle Eastern countries that have 40% of all the world's resources that we need, unifying in building China and Russian power. Which could theoretically, if that happened, that could destroy the McFick and Tick? No, the Mick Fick and Tick don't have leverage over China, so they'd have to negotiate into that power dynamic. Got it.
Starting point is 02:19:14 They own the US government. Got it. They own Europe. It's all about it's all about leverage. Yeah. And Africa just has never been able to use their resources because they've always been regime changed and the dictators are personally enriched. And anytime they try and do something different, you just assassinate them. Right.
Starting point is 02:19:31 So when Gaddafi wanted to price oil and, you know, and create a trans, trans African gold back currency. you assassinate him. When Iran, you know, wants to, is fully dependent upon China for this trade and this corridor, you know, and China wants to nationalize it. Sorry, and Iran wants to nationalize its own oil. You create a narrative. They're head of the snake. They're the world exporters of terrorism. And who created the terrorism?
Starting point is 02:19:59 They're building a nuke. They're building a nuke, you know. And think about that. So ever since 1979 with the Iranian Revolution, you've had Iran and you've had Israel that allegedly, you know, the Muslims want to kill the Jews and, you know, Iran's trying to expand around it and, you know, all this stuff. And they confuse the narrative. So someone like in the West would not understand the nuance between the difference between ISIS, Al-Qaeda, Hezbollah, Hamas. You know, but they're starting to understand it now, which is interesting. Yeah, it is very interesting.
Starting point is 02:20:39 But Iran has always been the biggest enemies of ISIS and al-Qaeda because they were manufactured via Saudi money for Western intelligence. You know, these were the destabilizing forces. So these are the assets. But in the West, you get to say, guess what? We're taking on terrorism and defending democracy. So then you get to go bomb those countries and say you're taking on ISIS. Right. People don't understand the difference.
Starting point is 02:21:07 No, people don't understand. Muslims bad. Yeah. And so of course, Osama bin Laden, Safari Club, 9-11, you know, do the mass? Mm-hmm. You know, dancing Israelis. What do you think 9-11 was? I think it was a partnership between, it's way too overstated to say it was the CIA, it was
Starting point is 02:21:29 the CIA, it was Massad, it was Israel. I think there were factions of Mossad that were involved in ops. In Toronto, every arrival is a statement, and nothing says it better than this. Cadillac Optic was the number one selling luxury EV in Canada for 2025. Find your rhythm across a seamless 33-inch display and an immersive 19-speaker AKG surround audio system. This city demands agility, and Optic delivers with precision to make every drive extraordinary. Let's take the Cadillac. Find out more at Cadillac Canada.ca.
Starting point is 02:21:59 Luxury sales claim based on S&P Global Mobility Canadian New Vehicle Total Registrations for calendar year 2025 for the Cadillac definition of luxury. There were factions of the CIA related to the Bush Safari Club networks, and the money was all laundered via Saudi and UAE banking system. And so if you look at just what we know, you've got the declassified documents. Later, we saw all the Saudi banking system, money laundering networks that connected to there. Saudi intelligence was also involved. Saudi intelligence, definitely. documented, you could prove that through documents. CIA, you know, there was this whole rigmarole around, what does the FBI know, what does the CIA know, you know, it's on a need to know basis. So there were factions that were involved in our op, I believe. They were connected to war profiteering. You know, it led to $10 trillion of profits that were extracted from, you know, the American people through, you know, increasing the national debt over to the stock market. And, you know, we've got what we know about dancing Israelis and the declass,
Starting point is 02:23:15 the names that were covered up and the different types of things. What about the airline stocks that were sold right before? Yeah, so we still haven't had the declassification of which the broker was that was, you know, issuing all the options that profited from, um, some speculate that it was Cantor Fitzgerald, um, others Jane Street. But we still don't have the full confirmation. Now, the SEC requested that, but that just disappeared. So higher levels of power in these games, you know, definitely knew about that.
Starting point is 02:23:48 But if you think that at this stage, you still believe that that was like, you know, Al-Qaeda acting on their own in order to take away American freedom. But do you think it was possibly a plot by Osama bin Laden that they just saw happening and they let it happen? because they thought it would be to their advantage? Potentially. But I think there were higher levels of intelligence networks across Saudi, across US and across Israel that were involved in parts of that. The extent to which the whole story is, we haven't got.
Starting point is 02:24:24 Right. But there's no way that was organic. And let's say it was. It was very convenient because the people Patriot Act was already written. Right. The surveillance state was already written. The ability to carve out the Constitution through terrorist laws was already written.
Starting point is 02:24:46 The Bank Secrecy Act was already written. And the Clean Break memo of which countries to target and invade was already written. And there were fake anthrax operations in order to connect Osama bin Laden to Iraq, which had zero to do with each other. So that you could lead to the invasion of Iraq. Like who were the two countries that were resisting? Mostly you had Gaddafi. You had Iraq and you had Iran. These were the countries.
Starting point is 02:25:15 Iraq was going to price its oil in euros. They needed to use Iraq. Iraq. Saddam Hussein, you know, was cooperating with the CIA for a significant period of time. You know, he was considered an asset when they wanted to use Iraq in order to destroy to destroy Iran. And so at the same time, the CIA and the military industrial complex were providing chemical weapons to Saddam Hussein in Iraq. To fight Iran, right?
Starting point is 02:25:45 Yes. While invading Iran with ISIS and al-Qaeda in these different groups on the militia side. And if you look back and some people believe that when the Ayatollah came from exile in France, that the strategic think of the British techniques of Operation Gladio which is you create strategic tension to divide and conquer so now you've got a perfect enemy for Israel between Israel and Iran and they all say suddenly they're always going to blow each other up there's nukes around the corner for about 40 years but it wasn't until two years ago that for the first time Iran and Israel actually traded blows right so for 40 years apparently they're the biggest enemy, but how much money did the military industrial complex make out of that? You know, you know, so this is, you know, the enemy of my enemy is my friend. Massive deception, massive deceit.
Starting point is 02:26:47 But to believe that there is a fight for democracy and women's rights and the expulsion of terrorism and there's a war on drugs is the SIOP. Right. Yeah. America, the Dodgers. The dollar is propped up by drug trafficking, human trafficking, weapons trafficking, sex trafficking, terrorism. And if for some reason, those are being exposed, which comes back to Trump, if they're being exposed, they're not drained in the swamp, they're draining the backing of the dollar.
Starting point is 02:27:20 So the release of the Epsine files massively destabilized the thought of what Israel is, of what America is of it took out all of the pretense in the American dream. Right. It was like a peak behind the veil. Yes. Of what's really happening. And, you know, especially when you can read emails with Epstein talking to Ahud Barak about how they can profit off providing arms and surveillance to, you know, countries fighting
Starting point is 02:27:53 civil wars in Africa and Sierra Leone or whatever it was. Yeah. And Trump has this. perfect role, right? He works for FIC. He's enriching himself and he's got a cult following. And so what happens in this quote unquote democracy? Every two years, you need to get back to getting your lobby financing. Trump ain't going to pay for his campaign. He's going to go back to the lobbies and they're going to say, well, did you perform your role every two years, midterm elections? Now, you're still useful to us because you still got your cult following,
Starting point is 02:28:24 but you know, you've kind of taken a lot of your following away, a lot of your hardcore followers. Right. So you're not really a very useful asset. Like you're diminishing your utility to power. Extract as much as you can. Enrich yourself personally. And if you perform this, then we'll give you some more financing.
Starting point is 02:28:44 And Trump's job is to say, I'm working to make America great again while FIC is extracting an asset strip in the country. One of the biggest moments for me when I started to notice, something was going haywire was with this whole Israel stuff and the Epstein stuff and all of that stuff, you know, because he was campaigning on all this to release the files and to end all the wars and all this. And, you know, then he suddenly does the opposite. And he's historically one of the most poll aware presidents in the history. Like there's no one who's ever talked about polls as much as that guy. And then suddenly you see all this losing all this support for, you know, the Israeli lobby, A-PAC and all this stuff and all this war mongering and starting all these wars. And he seems to be oblivious to it and going in the opposite direction of what the polls are telling him. So there and all of that seemed to happen between the time around when he was campaigning to get the second presidency and like right when he took office, you know, and right
Starting point is 02:29:51 around then was when that Butler assassination attempt happened. This is the video I wanted to show you earlier. This is this. I think this happened just like two days ago where it was Marco Rubio being questioned about, throw those headphones on real so you can hear it. I thought this was a crazy clip that really like sums it up pretty well for all the money that Trump's making. Is it fair to say that you agree that it's wrong for elected officials and their families
Starting point is 02:30:21 to profit from positions of power? To use government service to make money? Yeah, of course. Great. I appreciate that, and I share that sentiment with you, sir. I want to revisit some of the details that were brought up earlier and put into the record about the president's own stock transactions, a form which he filed, that shows he completed more than 3,700 stock transactions
Starting point is 02:30:42 in just the first three months of this year alone. The president bought hundreds of thousands of dollars in Pallenture stock shortly before he publicly praised the company on his social media site. As if the name drop enough wasn't enough, as if the name drop itself wasn't enough, he included the company's ticker symbol for good measure, hardly subtle to me. On March 23rd, after nearly a month of war with Iran,
Starting point is 02:31:05 the president said talks were, quote, very good and productive, and extended his deadline for a deal by five days. Oil prices dropped, and energy stocks fell, while Trump bought shares in companies like ExxonMobil, Chevron, and other firms' position to benefit, If the work continued, which it did at the president's direction. He bought a dip that he created. Then there's Navidia.
Starting point is 02:31:26 The president bought as much as a million dollars in stock just one week before the Commerce Department formally approved the sale of Navidia chips to China. One week. He bought up to $5 million more in the video stock in February right before the company announced a major chip deal with META. It's pretty good luck if you ask me. If that's not bad enough, the President's son struck a multi-billion-dollar criminal deal with a UAE state-backed firm. After the deal, the administration reversed AI chip restrictions,
Starting point is 02:31:55 approving transfers of sensitive technology to another UAE-related entity, chaired by the very same royal family figure involved with the deal with his son. That seems like hardly a coincidence to me. And indeed, it is self-enrichment tied directly to the president's foreign policy agenda, and it's how the president's net worth has grown by over $4 billion since he started this term. As the president gets rich, his wars and tariffs are crushing hardworking American families. And I think the American people see through the BS, this is the most corrupt administration in American history. I tell you where I disagree slightly. I think Trump's one of the most transparent in history, and they've all been doing this.
Starting point is 02:32:46 Trump's just shown what everyone has always been doing. So, you know, people think I've got Trump derangement syndrome. I'm just talking about Trump because Trump's, you know, the guy in the seat at the moment. If it was Biden, we could go through all of Biden shit. If we want to go through Obama, if we want to go through Clinton. Like, this is how the system works. Interestingly, they were talking about the UAE side. The way that that transaction happened is the largest crypto exchange in the world is a company called Binance.
Starting point is 02:33:16 And they came off to Binance because. they were providing rails to Iran and various other countries. And the U.S., under the Biden administration, the SEC and the DOJ basically came off to Binance and said, you've got to install the U.S. government into your compliance team. And CZ, the founder of Binance, caught four months in prison when the other that were involved in similar networks like SBF got like 20 years I think it was and Mijinsky got 12 years or something but he got four months now Binance didn't have to shut down and he had to he was launching a digital dollar it's called a stable coin it's like a
Starting point is 02:34:10 privatized central bank digital currency he had to take that one out and instead he integrated with a stable coin that the Trump family created. And it was called the Trump family created a coin called, a company called World Liberty Financial. And the shareholders were Steve Wittkoff, who was the envoy to the Middle East and his family, and the Trump family. And Binance integrated the stable coin.
Starting point is 02:34:41 Now, the way that a stable coin works is it's a programmable blockchain. dollar issued by a company and it has to buy US treasuries. It has to be backed by bonds. So if I give you a digital dollar on a blockchain, it has to be backed one by one by government debt. And so this is a new mechanism for profiting from the US debt. And so what he did is he got the UAE Abadabee sovereign wealth fund and said, why don't you invest two billion dollars in Binance and give it a license. And so Binance then reincorporated in UAE. And the UAE sovereign wealth fund became one of the investors in Binance and the shareholder in
Starting point is 02:35:34 World Liberty Financial. And then Trump took the two billion dollars, issued his own stable coin, and then it buys government debt. So the higher the interest on the debt, the more money the Trump family makes of their stable coins. Wow. So if you can get interest rates up, then you're making more and more and more in this network. The Abu Dhabi guys issued a license to Binance to operate the exchange. Z was pardoned by the Trump administration and he received a presidential pardon. And then he talked about the approval.
Starting point is 02:36:15 to receive, build out the data center in UAE and receive the NVIDIA chips. And so remember, whoever receives the chips, whoever builds the data centers is an important node in this technocratic control grid that's being built. Right. Yeah. And programmable money is an essential part of that, which is why, what was the other thing that Trump did? He did Genius Act.
Starting point is 02:36:39 Right. Yeah. Genius Act was the regulations that helped both the fick and tick and tick. build programmable money. It did a few things. Firstly, it said any company that wants to issue these stable coins needs to become a bank. It needs to apply to be a bank, so they join FIC. And then all the money that's held at the back of the Federal Reserve can be used as collateral to issue these stable coins.
Starting point is 02:37:08 So you become a bank. The programmable money has to be held at the Federal Reserve. reserve and it has to buy government debt. And so the FIC are able to, as interest rates go up, just receive all this free money by creating digital dollars. And Scott Bissent, when he was announcing... Who used to work for the Rothschilds, right? Yeah, Scott Percent was Soros guy.
Starting point is 02:37:36 Soros, that's what I meant. Yeah, he was involved in the infamous Bank of England Euro trade. So when the European Central Bank and the single currency was coming along, the Great British Pound and the Bank of England, George Soros made a trade, which infamously made $3 billion, which seems like a small number now, in terms of numbers.
Starting point is 02:37:59 But it was Scott Besant, who was the chief investment officer and the trader. Now, he made his career in the city of London. And the city of London, still to this day, is a separate jurisdiction. It's not London. It's a separate jurisdiction that consists of the 700 banks and other financial institutions in the square mile. And all of the currency wars and covert wars, they're done via the city of London. And Scott Bissent came from, you know, the city of London currency war. And so when he was basically brought in to destroy the Iranian currency, you know, with through Operation Economic Fury. Yes. You know, he's very experienced to being able to do that.
Starting point is 02:38:48 And interestingly, they confiscated some of the stable coins. This is the important part to understand. So if you look at Iran, you got the IRGC, we said, and then you got the government. Two different entities, different power structure, and you have the Ayatollah on top that provides the religious deocracy part of it. Now, when you destroy a currency, it is a civilian target. Just think what it means to destroy a currency. You're an ordinary person.
Starting point is 02:39:19 You got your money in a bank. You log into your online banking. And your savings are worth nothing overnight. You know, I think it went from now it's like 2.5 million Iranian currency for a dollar at the moment. I have a, I have a hundred trillion dollars in Bobway bill. But currency wars are civilian targets by definition. The IRGC is fine. The IRGC is integrated into the Chinese banking system, SIPs.
Starting point is 02:39:50 It's got that oil trade. Its second largest trading partner is UAE. It's got its networks via Egypt, Hong Kong and Turkey. So the IRGC is going to be fine. And what is the IRGC? What is the role that they're performing right now? Well, if you look at 2023, there was a really important agreement that was signed that people forget about. China normalized between Iran and Saudi Arabia in 2003, about six months prior to October the 7th.
Starting point is 02:40:24 And they normalized. And what is Iran doing today? it's taking out the US bases that the Gulf countries no longer want in their country while simultaneously partnering with FIC to buy all of the American assets the most important assets which is the AI companies
Starting point is 02:40:49 the most important investor in all of those companies and it's no longer purchasing US bonds now one of the things this gets a bit geeky but let's see if we can get through it. Why don't the UAE
Starting point is 02:41:03 countries want the U.S. bases there anymore? They no longer need the pet. What are the two components of the petro dollar? It's OPEC. So what did you a did? Left OPEC. Okay. And the other part of it is the purchase of U.S. treasuries.
Starting point is 02:41:24 That's the petro dollar. Got it. So what is happening really, let's take a massive zoom out right now. Iran is destroying the petro dollar. And the U.S. bases are no longer going to be in America, while America is simultaneously leaving Iraq and Syria. The Middle East is becoming West Asia again. America's leaving. America's leaving.
Starting point is 02:41:47 The forever war, I believe, is coming to an end. But it needs a very symbolic, big moment like the British Empire and the Suez Canal in order to manage that transition. But if you're renting the US military to get as much leverage as you can into a multi-polar world order that I think we're moving into, which in fact we are, because America used to have 60% of global GDP, it's now got 25%. Then you want, you need the US bases out, and China wants the US bases out. And what do you do with Israel? You privatize it. And so more and more of Netanyahu is making more and more. of Israeli companies public. The defense companies are going public and the war burdened the Israeli people with significant debt.
Starting point is 02:42:42 While they're being radicalized into thinking that something else is happening here. So Israel is being privatized. The U.S. bases are being destroyed. And Netanyahu is obviously just protecting his own ass because he's about to go to prison if he can't create more war. So we're in this very interesting situation where the Gulf countries are dependent upon China.
Starting point is 02:43:08 Iran is dependent upon China. Israel is trying to create war to be more useful to the military. And the financial industrial complex has partnered with the Gulf countries and wants to invest in rebuilding Iran. And so how do you set the order? Well, whatever happens in the Strait of Hormuz sets the new order. And so if Iran is able to charge a toll and they got a partnership with Amman and Amman is a covert mechanism. Partnership of the Gulf countries.
Starting point is 02:43:42 Amman. Ahman is like, Amman's a very, very interesting country that no one really talks about. It's allied with all sides and it's done an incredible job in terms of its diplomatic relations with both Western interests, Chinese interest, golf interest, Iran. Okay. So it's a very important neutral ground in terms of its role. And so what I believe is happening right now is the US military is trying to get as much leverage for FIC so that it can get a piece of the tolls in these port, in these strategic choke points.
Starting point is 02:44:21 And whatever happens in the Strait of FOMUS will happen in all of the strategic choke points. And if the US military is no longer needed to to protect the free passage of trade, then the world order has completely changed. And so we're living through, I believe, what does Mick want right now? It wants to leverage as much as it can because it knows it's gotta end the forever war
Starting point is 02:44:44 in the Middle East, which was its most profitable trade. And instead, it needs to be compensated through war in Europe and war in Central and South America. So the new stomping grounds for military, Central South America, Europe, and the TIC wants a surveillance state. It wants a global surveillance state with Chinese components and American subscription models and an indebted nation. So what does it want to do? It wants to manufacture civil unrest so that it can have the force flag that it needs. So it can have more
Starting point is 02:45:17 surveillance. Yes. It beta tested in UK. So Palant. And what is the main benefit that the technological industrial complex gets from having full-blown surveillance on everybody? Well, I mean, you get to... Is it just money? There's a couple of... There's a couple of things there. Firstly, it could be the new blackmail operation.
Starting point is 02:45:40 So if we're all giving all of our data to AI and we all have to... Right. That's the new blackmail. You don't need Jeffrey Epstein anymore. Right. You know, you've got that side. American AI companies are severely overvalued right now, because China's going to...
Starting point is 02:45:58 open source. And China's doing the whole model open source and free because it's using AI to build its manufacturing base and automate all parts of that structure. It's displaced the IMF in terms of its significant in this Belt and Road initiative, investing across Africa, across Asia, across the Middle East. And Mick Fick and Tick are dependent upon it. So they get to do their subscription model. The government, what is the government doing in this final stage of what I believe the US Empire is doing a strategy was called, it's called fiscal dominance. What that means is that when you're at the end of empire, you get the government to spend as much as possible. And all of that money needs to go back into the stock market. You accelerate the debt as much as possible. That then creates inflation in terms of asset prices. And, And then obviously everyone on the right side that owns the assets benefits from that, that concentrates wealth upwards. But it also devalues the dollar. Right.
Starting point is 02:47:08 And so once you devalue the dollar, the World Reserve currency slowly loses its status. And BlackRock say, and the petro dollar says, hold on, our currency is pegged to the dollar. What that means is that Saudi had to back their currency with dollars, right? Now, as a dollar weakens, you have to sell assets in order to try and strengthen it and keep protecting the peg. So they have to sell gold in order to protect this. Eventually, they'll say, I'm not selling gold in order to protect this. So you break the petro dollar. You break two really important relationships.
Starting point is 02:47:46 One is Japan. There's something called the Japan carry trade. Yeah, Zhang was explaining this to me. Okay. A little bit. I still don't fully get it. Okay. So Japan, after World War II, you had Germany, the German Central Bank, regime changed,
Starting point is 02:48:04 and you had Japan and you had Italy. So those were the losing forces. The banker Japan just essentially became a piggy's back for the Federal Reserve System. And so they pumped a massive stock market bubble to build, like, technology and stuff in Japan. And then the Bank of Japan just basically puts its interest rates to zero, even negative. They were paying people to borrow money. So if you're a central bank and you have access to the Bank of Japan, or you're a hedge fund manager, or you're in the right side of the money printer,
Starting point is 02:48:40 then you can borrow for free from Japan. They print the currency. The Japanese end up with the debt. They get massive inflation. And then you get to buy U.S. assets. So they were basically just borrowing money for free from Japan, taking out the currency risk, and then using that money to get more and more stocks. And even right now, if you look at the US government debt, the largest,
Starting point is 02:49:06 if you look at the largest foreign holders of US government debt right now, number one is Cayman Island. And that's not Cayman Island, the nation state. That's Black Rock State Street, Vanguard. Just in Banks and the Cambridge. Yeah. That's all the, you know, that's all that money. They get to borrow from the Bank of Japan.
Starting point is 02:49:23 They get to use those bonds as collateral. They get to lever it up 100 to 1. They get to lend it back to the US government. And they just are scraping all of the money out of the interest on the national debt over to the financial industrial complex. The next in line is Japan. Japan's providing all the free money. Next in line is UK, UK city of London.
Starting point is 02:49:49 There's a construct, don't want to get too complicated, but it's called Euro dollars. There's dollars when the city of London fell and the FIC wanted to remain in charge. They created the Federal Reserve System and they created the Eurodollar market. It meant the banks could create dollars. And there's $15 trillion of euro dollars. It's got nothing to do with Europe. It's just a bank that can create dollars every time they issue alone outside of the Fed system. So there is more than double the money supply out there.
Starting point is 02:50:19 in euro dollars there's like 15 trillion of these things um so the number one country holding us that is japan yeah it's came in highlands ahead of that is you got what have you got there in the chart well camen islands is down low as the 2025 this is the came in islands is 418 billion and uh japan's 1.2 trillion that says yeah i think there's um a better the fed recently did a study that said how it was understated because it was doing it through oh really the nation state rather than the actual financial industrial complex. Right. But yeah.
Starting point is 02:50:57 So you've got Japan. Now, what's Japan doing now? Amidst all of this chaos for the first time in decades, they're saying the Bank of Japan says, let's put our interest rates up. So the free money is being faded out. So the financial industrial complex that has significantly influence over the Bank of Japan and owns the Fed is saying, put your interest rates up. They're breaking the Japan carry trade, which is the backbone of all of this liquidity into the market slowly.
Starting point is 02:51:32 So the Iran war is breaking the petro dollar. The Japan carry trade is breaking. And the euro dollars is we're having more and more. Again, so you notice UAE becomes a very important node in this structure. When UAE said we're going to sell our bonds or sell our equities because they were having, you know, Scott percent came along and said, don't do that. Give us some of your currency and we'll give you a loan. Because now that was painted as UAE's going bankrupt. UA.S. has got billions of dollars, you know, significant assets, trade surplus. Of course they're impacted by this. But they use this opportunity to have their own dollar printing press. So anyone that gets an FX swap line, is basically the FIC is handing over power to these different countries to create their own dollars. That's how you create multipolarity. So what does it look like when the US dollar collapses?
Starting point is 02:52:33 When you think that happens and what does that look like? I don't think it will collapse. It will be a slow weakening. Claps is really bad in terms of like the actual dollar because the dollar is a source of all this power. Right. So the banks, as long as they want, they were still. still want to use US treasuries as their collateral for extracting. Okay.
Starting point is 02:52:53 So they want to continue to weaken the dollar? They want to basically accelerate the K-shaped economy for as long as they can. And which means interest rates will continue to rise. Interest rates continue to rise. They can correct back down if the Fed wants to. The Fed can just take, you know, they can decide when they want to do that. The bond vigilantes are saying, we want more money to lend to the US government. They're saying the same to the British government, the French government, and everywhere.
Starting point is 02:53:24 But fiscal dominance just means the government you spend as much as you can. I'll give you the key matrix that helps you understand how long this can go on for. If you just want in simple terms, take the growth rate of the US GDP. Remember, the US GDP is it can be come from government spending into the stock market, which is fiscal dominance. They keep just spending it into stocks, roll over, roll over, you know, take on the debt, spend it into stocks. If the GDP grows at a faster rate than the average cost on the US debt, I'll repeat that. The average cost on the US debt is currently 3.3%.
Starting point is 02:54:08 If you want to lend to the, if you want to lend to the US government right now, then you can get 5.3% for 30 years today. So that interest is only going up. But the Ponzi continues as long as the economy grows at a faster rate than the average cost on the debt. So if the economy can grow greater than 3.3% the K-shaped economy continues. Wow. Yeah. Now, if suddenly that debt goes up and up and up. Every year, 3.3 every year? Yeah, at the moment.
Starting point is 02:54:42 But that's going up because the interest rates are going up. Right. You know, and so while that, as long as they can grow the economy, which extracts more wealth from the average person over to the stockholder, then you just keep the K-shaped economy and eventually you end up with where we are now. 10% 90% of the US stock market is owned by 10% of US households, you know, at the household level. 50% of Americans don't have any, and the rest have got it in a 401k, so they'll work their whole life until they can access it. Wow. Yeah. So this is the wealth extraction.
Starting point is 02:55:23 You just keep going. You don't need anything dramatic. And then if you get it wrong, you get the Fed to bail out. So those are the closest to the money printer. They write the rules. It's like imagine a game of monopoly where you're the bank, and the bank gets to create money and buy real. estate, that's the game. Now, is there any point where the whole system breaks, you have to throw the Monopoly board away and restart? That can happen if you get things wrong. You can, there's several
Starting point is 02:55:55 rug pools that I think are kind of built into the system. I talked about the commodity market. China's got the gold and the silver. America and London have the derivative contracts. They don't have the gold and silver. So whenever there's weakness there, a central bank has to lend the gold and and silver because it doesn't exist. And that kind of is transferring lots and lots of commodities over to Shanghai and Singapore and various other things. The stock market is all the growth in the US economy today is because of AI data centers. The entire economy is AI data centers now.
Starting point is 02:56:30 So the AI trade and all the energy behind it and these higher energy prices is the entire stock market. 40% of the entire S&P is the seven largest tech companies, and now you've got anthropic to add there in SpaceX and then you have open AI and various things. So the end game of this, I think, is that you accelerate wealth inequality for as long as you can, you concentrate wealth upwards, you accelerate the police and surveillance state. because you know that eventually probably the only way to control this
Starting point is 02:57:15 is a universal basic income. And so you implement stable coins, you enter central bank digital currencies and you end up with a more socialistic way of allocating wealth. Universal basic income that is handed out to everybody by the government and if you misbehave,
Starting point is 02:57:34 we can turn your money off. Yes, and it will be program all money. It would be in. This is where, you notice, we went from during COVID, you probably noticed this,
Starting point is 02:57:45 you're a content creator. We went from, you say the wrong thing about COVID, you canceled, to Elon buys X. And it's wide open free speech. Yeah, now it's freedom of speech,
Starting point is 02:57:58 but not freedom of reach. So he says to you, say whatever you want. Right. Let it rip. You know, So if you want to say anything about hating Muslims, hating Jews. I talk about, I've been talking about this a lot lately, how it's, it just seems like all better.
Starting point is 02:58:16 Like, it seems like they've taken off all of the clamps on free speech across all of social media where you can get away with anything now. When two years ago, you would get demonetized, de-platformed for silly things. Yeah. Yeah. Now what are they doing? They're basically saying, well, but if you want reach, you've got to be within the acceptable. narrative. You know, if you want reach. So here's an interesting thing. Five years ago, if I would put Epstein in a YouTube title, that video would get throttled significantly,
Starting point is 02:58:50 likely demonetized. Now YouTube content around Epstein just goes nuclear 24-7. Yeah. Yeah. What I think is happening, and I don't know what your feed looks like, is I think they're manufacturing the most extreme version of yourself. So they're feeding you content based upon your ideology. So they're boxing you. You know, they're saying, you think all the problems in the world are because of the Jews. You think all the problems in the world are because of the Muslims. You think it's the radical left.
Starting point is 02:59:23 You think it's the right. You think it's feminism, whatever it may be. So they're building our you say whatever you want. And then we'll keep feeding you content that makes you more and more angry, more and more radicalized, more and more into your ideology. And that's creating an environment where people can't speak to each other. People are getting more aggressive with each other. People are just getting, you know, more and more radicalized into their ideology to the point where, you know, it's just getting crazy.
Starting point is 02:59:53 You know, women hate men, men hate women. Yeah. Birth rates are down. Like, you know, like people can't have children anymore. They don't know what gender they are. So why are they doing this? Well, I think they, I think firstly they need the most radicalist version of you. Okay.
Starting point is 03:00:07 Then they're building your social credit score. Then they're feeding you more and more content. And then they're trying to engineer, I'll give you more reach if you're more radical. If you speak like this, I'll give you more reach. Right. So now you'll be more and more sensationalized, more and more clickbait, trying to get the thumbnail that's more and more crazy, you know. And they're engineering you into an acceptable form of narrative for your box.
Starting point is 03:00:35 until eventually this artificial intelligence, all this data you're giving, is basically going to be the surveillance state. It's going to be when you get your universal basic income, we've got all the information on you. We can control your interest rate. We can control your expenditure. And once we manufacture that civil unrest,
Starting point is 03:00:58 if we get enough data centers built, if we get enough of the data... And they can put the clamps back on, Down the road is what you're saying? There's a there's a theoretical situation where the tick could become more important than the fick here. Like the tick, whoever controls the data runs the game. The previous game, the game we're in right now is whoever prints the money controls the game. Right.
Starting point is 03:01:23 But if you control the data, can you imagine the tick blackmailing the fick? Can you imagine a shift in power as a result of it? And then what's happening now the tick companies are issuing their own dollars, stable coins. The central banks are fighting back with central bank digital currencies. Now they're releasing agents. Agents are becoming the program. The tick become the FIC. Yeah.
Starting point is 03:01:44 So I think that there's a global centralized control grid that the TIC want. The MIC want to split their forever war into regional, acceptable. And the FIC, they want a multipolar world because they can make more money through transaction fees in multiple financial centers. I sent you a clip with Beck Lover earlier where he's laying out this Project Meridian thing. And he's been saying this forever. He's had this take that he's about to say right here for years. And I think he's a fucking dead on with this. Listen to this.
Starting point is 03:02:21 This is Beck Lover. Well, they announced their next move, Project Meridian. At my direction. I'm announcing Project Meridian. Study what that word means. They are built. sky net at light speed, all these same people who censored us and this and that, and now you guys say like, you know, they've loosened up on free speech. Do you know why they've loosened
Starting point is 03:02:44 up on free speech? It's because the AI needs to understand the human mind, the threats of the human mind, the way we speak, the way we think, to try to forecast our next moves and how to control populations. That's the only reason why you have free speech temporarily on platforms like X, And even here, I promise you. An effort led by America. I think that makes a lot of sense. Yeah, absolutely. So let it rip.
Starting point is 03:03:11 You can also muddy the water, confuse people, overwhelm them with information. Like, I think... Nobody knows what's up and down. Nobody knows what's left and right anymore. It's just there's an overwhelming amount of slop flooding the zone. And what is a weak controllable person now right now? Somebody that lost all their sense of values.
Starting point is 03:03:31 They don't know what the truth is. they're mentally, like really psychologically destroyed by all of this information. They're weak. You know, they're not healthy. You know, and I can see that all around me right now. I can see the impact of people. And so, yeah, that's what a controllable person looks like. And also, I think a really important part of this.
Starting point is 03:03:58 So I don't know how long we've been talking. Yeah, we're three hours in. Three hours in. We can wrap it up. Yeah. Do you know, this whole doomerism. I want to end on something positive. Yeah.
Starting point is 03:04:09 Because we've just spent three hours talking about some crazy ass shit, right? Uh-huh. I think one of the things they're trying to do is make you believe that there's no future. There's no sense of a bright future in the world. Like the youth are being driven into short-term behavior, gambling. Women are choosing only fans as a career. Like, you know, they've got no future. Bonnie Blue.
Starting point is 03:04:31 Yeah. She's your lady. She's your country, right? Is she? I think she was she British. All right. Doesn't you have a British accent? I don't even know who that is.
Starting point is 03:04:41 I don't even know who that is. You know who Bonnie Blue is? Who's Bonnie Blue? She's the lady who had the, she slept with like a hundred dudes in one day. Oh, 1,000 people. Yeah, and now she's pregnant. Is that Bonnie Blue? That's Bonnie Blue, yeah.
Starting point is 03:04:54 Wasn't there someone that did 1,000? No, that was her. I think she holds the world record. Okay. Okay, look it right there. In June, announcing her late. after her cancellation of an event, she would be tied up naked inside of a glass box and the goal was to have sex with 2,000 men.
Starting point is 03:05:12 Right. And now she's pregnant. Yeah. Yeah. She's from the UK. You know, this is how you get freedom of reach now, right? This is how you go viral. Right. But look, to me, it's the mental game. Like, we are in psychological warfare. Like, I believe that there's an optimum business model of how, subordinate you can make someone now. I think the mental game is really important. I think to me, when I look at my device and I look at the content that I'm being fed, the world looks really, really scary and like really messed up. But then I go outside and I go and meet people and I travel
Starting point is 03:05:54 around and it just doesn't look that bad. It really doesn't look that bad. You go out in the garden and you touch grass. Actually, the world's not as bad as we are being portrayed it to be. We are but a speck in the end. We just talked about, what, three, 400 years of history? I mean, in the grand civilization of the world, that is but a speck in history. You have to see how to function in the world as it is today, rather than the world that you think you're missing out on.
Starting point is 03:06:29 So I talked about this boomer thing. You know, they got a job. Their income was enough to save. They got their 401k. They got real estate at a price where they were able to live off their real estate. They're now just desperately trying to retire and make sure that their house doesn't go down in value and their stocks don't go down in value. And people are saying, well, I want to crash this whole system down, man. I just want real estate to crash.
Starting point is 03:06:55 I want my, you know, I want my opportunity. Or if we can't have it, you can't have it, you know, that type of thing. That type of destructive behavior is, look, here's how the world works today. We are in this technocratic control grid. There is digital resistance. Like I was part of Bitcoin early, we tried to create a system outside the banks where you can own your own money. You know, self-cost to your own money, spend without a government, a fixed supply that allows you to outperform this impact. That exists with you running your own LLM environment.
Starting point is 03:07:31 protecting your own data. So here's the real battle. It's not left and right. It's not Labor Conservatives. It's not Republican Democrat. It's not Muslim Jew, Christian, whatever it may be. It's not black, white, Asian, whatever it may be. It is centralization versus decentralization. The technology is centralizing. The finance and central banking is centralizing. And military is centralizing into technology through companies like Palantir. Your job is to digitally resist and understand that owning your own data, owning your own LLMs, owning your own AI, creating your own environment is actually the skill that people need into the future.
Starting point is 03:08:16 And so your job is not to get real estate, get a job, you're going to lose. The only way you can win in this game today is you need to own more assets every month. which means you need to spend less than you earn and invest the difference. Most people say no chance. It doesn't work. My numbers just don't work. Well, I was that person. I was at one stage in the most severe debt.
Starting point is 03:08:41 And all of my money was going on servicing debt and servicing interest. And one day I had to face it head on, realize how bad my situation was, and realize that actually there's no substitute for this. I've got to stop paying some of my debt, and I've got to pay myself and invest in some assets, and I need to own more assets every single month. That happened in 2011. The asset that I chose was Bitcoin when it was about $3. I'm not here to pitch Bitcoin.
Starting point is 03:09:09 I'm just saying you have to own some gold, some assets, whatever it is for you. If you don't, you're going to be on the wrong side of this control grid, even if it's owned some of the AI infrastructure, whatever it may be. You have to generate more income than you spend. you have to invest the difference in assets. If you do that every month for the rest of your life, you'll be fine. You'll be completely fine. But they don't want you to know that.
Starting point is 03:09:32 They want you thinking you've got to get a 1000X on a crypto scam tomorrow because the world's over. Everything's about short-termism. So the way you defeat this system is by actually believing that there is a bright future for yourself, have confidence in yourself to get through this, recognize that the rules are actually quite simple. Spend less than you earn, invest the difference in assets, own more assets every single month, and then how are you going to earn your income? Well, earn your income with the gift that you've got today.
Starting point is 03:10:02 The gift that the boomers had was buy property, get a job, get, you know, all that stuff. That doesn't exist anymore. The world today is that you were born with a phone in your hand if you're young, and there are a bunch of boomers that do not understand the world that we're entering into next. In fact, they're severely unprotected from hacking, everything that's going to happen next. So you need to see the world as it is today. And your opportunity, as somebody that was born with a phone in your hand, that phone was both a weapon that did some severe psychological operations to you, but it also gave you now the opportunity. I've got the best assistant with AI that I've ever had.
Starting point is 03:10:45 Like, I'm able to do things of my business that was never possible before. And, you know, this is both the worst and best time for people that are harnessing it. You're not going to defeat this by blowing up data centers. Right. You're going to defeat this by leaning into the productivity, building something, using the tools that are available to you today, digitally resisting, investing in decentralized stuff, building your own stuff, and helping other people do that. Because the world is going to be split up into those people that know. how to own their data and those that just give all their data to the control grid.
Starting point is 03:11:24 And your job is to lean into that, recognize that there is a bright future. And if you do that, if you do that well, you'll probably end up buying your house. I ended up just buying my house outright after doing that, you know. That's amazing. And that's what, that's the world as it is today. And there ain't shit that's going to, you're not going to change any of it. You vote with your money. I personally believe reject the left and right body. looks. Like in terms of geopolitics and macro, I want to understand how they work, but I'm not going to change them.
Starting point is 03:11:57 Right. I'm not going to influence any. I'm not going to stop the control grid. I'm not going to stop the fick from building multipolarity. I'm not going to stop them from changing them. And the longer you realize that actually in the end, what do you control? You control yourself. You control your mind, what you consume. You control your spiritual connection, your soul. You control your health, you control your relationships with your family, you control your home, you control your community, and the further out you get into your city, your country, whatever, it gets harder and harder to control. So just become geopolitics and macro to me is about understanding the world as it is. And then on the micro level, you need to become, you know, if that's how,
Starting point is 03:12:42 don't see the world better than it is or worse than it is. Just see it as it is to the best of your ability, try and deprogram yourself, do the opposite of what they want you to do. Whatever they're trying to algorithm can get you to do is probably the opposite. You know, right now there was a terrorist attack with an airplane. We know whatever we're seeing. Whatever we're seeing is what isn't happening. So you can know whatever they're telling you is exactly what's not happening. So start with that.
Starting point is 03:13:08 You can get the truth by just knowing whatever they're trying to tell you is not the truth. Right. You know, and then work your way backwards, you know, consume content, understand the world as it is today, become radically optimistic about what you as an individual can achieve, become realistic about the world as it is, accept the world as it is, and lean into it and own more assets every single month and believe intergenerational that you're building something and there is a bright future because we're moving into so much uncertainty, but it's kind of exciting at the same time as petrifying.
Starting point is 03:13:42 Very well said, man. That was a fucking incredible podcast, dude. Thank you. Thank you again. I learned a lot. Tell people where they can find you online, social media, anything else? Yeah. So I give real-time updates on X at Simon Dixon Twitter. Every week I can talk, as you can tell, for a long time. Every week for myself, I follow the money and everything that happens every week. And I publish it on Fridays on my YouTube channel, Simon Dixon. And I mainly do that for myself. So if you want to listen to all of me following money every week, I do that as a. as a discipline and in case i get canceled i've got simon dixon.com where i back up everything in a more decentralized environment awesome so it can continue even if i get canceled awesome man well thank you again man that was super super educational and informative and i'm sure a lot of people are gonna feel the same way and we'll link all of your stuff below so they can find it and that's
Starting point is 03:14:37 it thanks for having me good night folks

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