Shaun Newman Podcast - #671 - Martin Armstrong

Episode Date: July 1, 2024

He is the CEO of Armstrong Economics and is the developer of a the economic confidence model based on business-cycles which is best known for calling the crash in 1987. Let me know what you think. Text me 587-217-8500 Substack:https://open.substack.com/pub/shaunnewmanpodcast E-transfer here: [e-mail] Website: https://silvergoldbull.ca/ Email: [e-mail] Text Grahame: [phone] – and be sure to let them know you’re an SNP listener.

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slow things down just ever so slightly. It's going to be Monday, Tuesday, Thursday, and a mashup is going to have a special guest host okay so we're off and racing spending some time with the wife and kids if you're wanting to pay attention or you know maybe get a little inside scoop on where we're at or what we're doing substack is where i'm going to try and toss out an article every once in a while just a you know a couple pictures from uh family vacation if that's something that interest you and you want to see some of my thoughts on our travels by all means if not no worries we're going to have new episodes coming if you're paying attention to the mashups um this week is going to be uh truck prodnick he's going to be guest hosting or guest co-hosting and if you only are waiting

until i release it on the podcast um i apologize in advance it's going to be coming out you know right now i release it pretty much 15 minutes after we were done uh you're going to have to give me some grace uh between me and jack we're going to try and have it up as soon as possible but uh you can probably expect it later on uh during fridays okay so that is the story happy july to everyone happy listening we got some great episodes coming out this month no worries but wednesdays we are going to have nothing it's going to be quiet for the first time in almost two years um nothing coming out on a wednesday so here is the tale of the tape he is the CEO of armstrong economics and is the developer of the economic confidence model based on business cycles i'm talking about martin armstrong

so buckle up here we go welcome to the sean newman podcast today i'm joined by martin armstrong so And thanks for hopping back on. Well, it's always a pleasure. Thank you for inviting me. I, I don't know. I never thought I was going to start here with you. But, you know, over the course of the past year of having you on several different times, we've talked about a guy, Klaus Schwab, quite an awful lot and heard different stories about you.

But from you, sorry. The guy I'm interested in hearing some thoughts on this morning came in one of your reports. and it's Bill Gates. You know, early on in the pandemic, me and the book club argued about him several times about how much control he may be exerted on the world. And certainly, Clos Schwab was adamant that he had all control, or at least that's the way it presented itself, where Bill Gates kind of lurks in the background, if I may use that word.

I thought, you know, Martin, starting out, maybe you could enlighten us on Bill Gates and some of his ideas because it all looks at, I don't know, controlling the world's population and a whole bunch of other things, but maybe I'm wrong. I was curious to your thoughts. Now, I think you're actually, you know, pretty spot on, really. It really started with his father, who was part of Planned Parenthood. And many people that have looked at it, considerate that, Besides being involved in this eugenics idea of reducing the population and calling out the best from the bad, that it was kind of racist that they were putting these planned parenthood operations in minority areas. And that actually ended up going into the Supreme Court with Roe versus Wade. And you can even Google, and you'll see that Ruth Gator, you know, Bader Ginsburg, who was a woman's activist. When she got to the Supreme Court, she even, you know, commented many times and has been in the New York Times even, that she said, you know, Roe versus Wade had nothing to do with women's rights.

It was all about eugenics and reducing the population. And to sell it to women, they said, oh, it's your right, you know, over your body, you know, et cetera. But it was really all about this eugenics idea. And it, you know, I would say that his father was also closely related to the Rockefeller Foundation. And both of them seemed to have been captivated by Malthus's work, you know, about population. And, you know, when he wrote his book, you know, he basically said that the world would run out of food and et cetera. And his analysis is what really kind of plagued society. It's what I call linear analysis.

you know, the temperature goes up one degree every year, so therefore, you know, in 50 years, we're all going to die. You know, they don't understand there are cycles to everything. And what he did was that he looked at the growth of the population and said, oh, the population is going to exceed the capacity to produce food, and therefore we're going to starve and die. And what he fails to take in consideration was that, you know, there's a cycle to everything, wars that reduce population. He failed to understand cycles and technology. The, you know, the birth of the combustion engine increased food production dramatically with tractors and things of this nature. So, I mean, you see the climate change people with the same nonsense. You know, oh, every year this is it, so we're going to die.

As if, you know, there is no cycle to anything. And so, I mean, I think in finance, everybody would understand, you know, just because the Dow goes up 100 points this week doesn't mean it's going to go up 100 points every week forever, you know. I mean, in finance, we know there's ups and downs, booms and bust, you know, but in every other field, it seems to be oblivious to this fact that nothing goes up forever and nothing goes down forever. So Gates, I think, was indoctrinated by his father. And you see him, you know, this whole climate change nonsense. and he's using this same linear analysis, you know, and claiming that, oh, climate change,

if we don't do this, we're all going to die. Food, you know, he's after reducing food, you know, for the population, we have to reduce that. These people, ironically, I mean, I just got back from Europe. And, you know, back in the 60s and 70s, you know, the people that were supposed to be the war mongers back then were Republicans, all right, the far right? Today, it's like everybody's cross-dressing. The far right, all won in Europe, and they're anti-war. It's the left.

That's pro-war. The Greens are all pro-war. why because they think you'll reduce the population I mean it's striking how everything is kind of flipped and that's why I say it's like all these political parties they seem to be cross-dressers anymore I mean you don't know who's on the right who's on the left who's what for what but Gates is somebody I would

really be very concerned about because his policies of what he says are just hypocritical. How can you be concerned about overpopulation? And then at the same time, I want to create a monopoly with the vaccines to save population. It makes no sense. And he was just on talking about this. And then RRA vaccines, oh, we'll be able to get the cost down the $2 and cure diseases that we never could before. Why? You know, I mean... You know, there's scripture, Martin, that says judge a tree or judge a tree by the fruit of bears. And when you look at Gates, he can say all he wants, but he leaves a trail of destruction. And the more I stare at it, the more evident it becomes.

I'm curious. You're a guy who talks about cycles an awful lot. You talk like in your writing, you write a lot about history and what history shows us. I'm wondering when you look back at whether it's Rome or wherever you want to go. It could be just 200 years ago for all that intents and purposes. Is there people like Gates who show up at the time the Roman Empire's in decline or whichever time period you pick? Like, is there this group of people that have this sense they're saving the world by basically destroying it? Does that reoccur or we live in out some new type of nightmare?

No, I mean, actually, even if you, it's very interesting. If you look at the Ten Commandments, which are, you know, I mean, Abraham came from error, which is, you're talking about going back, going back even much further to Assyrian times and Babylonian times, et cetera. And, you know, there's been a lot of clay tablets been discovered from earlier civilizations. And the Ten Commandments basically are effectively the same sort of thing, just regurgitated in many ways. of it is, you know, thou shalt not covet thy neighbors, wife, goods, etc., which is clearly very against socialism. And if you go back into ancient times, you'll find, for example, the city of Sparta was a communist state. You know, they waged war against Athens in 404 BC.

and destroyed it because Athens was the democracy. Athens had freedom of thought, writing, philosophy, etc. Sparta was sort of the anti-everything. So they didn't even issue coins because they didn't want people to have money. I mean, it's quite starking. But we see the same reoccurrence constantly. And the reason I bring up the Ten Commandments is because basically here we have something saying that thou shalt not do this, yet they do it all the time throughout history. So obviously, you know, it was people have always been jealous. I've always gone after others no matter what you want to look at.

And it's systemic. I mean, even if you look at the invasions of what we're getting with all the migrants in the United States and Europe, the same thing happened in Rome. The Emperor Valens, who was there around 364 AD, the Huns were coming in and driving the German tribes, the Goths. and they petitioned the Roman Empire, could we please come in? And he allowed them in because he thought that that would strengthen their military to eventually defend against the Huns.

You know, against the Huns. The Huns were moving in because there was a major drought in Asia. I mean, so climate change has always been around. It's been behind, you know, all these vast migrations. So once the Goths, you know, got in and they had always been the enemies of the Romans, they ended up banding together and they said, you know, let's take these guys over. And they waged a war and even the Emperor Valance died in battle. And most people didn't even realize our word of God.

It comes from the Goths. It wasn't Latin. Latin was basically divine, you know, divas. You know, our word God itself was from the Goths, from the barbarians. So it, they had a different culture. And this is part of the problem that we see, you know, with these migrations today. You see, mostly in Europe, as far as far. worse in America, but because you had all these Islams going in there. It's a completely different

culture. You know, and when everybody from Europe came to America, effectively what made the United States the best, you know, economy per se, you know, because when they were forming the euro, they came to me and I sat down with him and I said, you don't understand the United States. What made the United States great was actually discrimination. So how can you say that? I said, because basically what it was

was, it was fair. Whoever was the last on the boat, you know, they were the ones that were discriminated against. All right. And so it compelled them to learn to speak English to get a job. All right. So what you have, if you ask an American today, what are you?

I'm half Irish, half German or something. You don't see that in Europe, because the language does keep them separate. You don't see somebody from Scotland marrying somebody from Italy. I mean, sure, there are some exceptions, but it's not common. Where in America or Canada, everybody's mixed. Yes, the first generation, they stayed in their little areas. the second generation all pretty much grew up and, you know, intermarry.

So we have to understand it. There are cycles to these different things, and there have been cycles of against migrations back and forth throughout history. And there's been cycles for communism and hatred. In 1848, there was a big. communist revolution that started basically down in southern Italy and swept through all of Europe and everybody that rose up, you know, and 1848, you know, you even have to understand like the communists. Why did they gain traction in Russia? It's because in 1861, Russia basically ended serfdom.

In Europe, serfdom pretty much ended in the 14th century, 13th to 14th century because of the black plague. But serfdom ended only in 1861 in Russia. And that actually inspired the Abraham Lincoln and the whole U.S. Civil War. war over here over slavery. But, I mean, the difference was in slavery, if I owned you and your family, I could sell your kids or something. Under serfdom, you could not do that. Serfdom, everybody was part, you were like attached to the land. If I sold the farm, you went with it. So it's slightly different. So when serfdom was abolished in Russia, it's true. Nobody owned anything. All the land was already owned. So that's where communism was attractive there, as opposed to slavery was different.

You were free, you could move around, you know, et cetera. But it was a completely different economic base. But so, you know, communism, you know, has reared its head back and forth. And it, I think that's what is in that commandment. But basically, thou shalt not covet thy neighbor's goods. You know, I come back to where we're sitting, Martin, and you look at the United States specifically, and you see the involvement of the deep state. And, you know, when I first heard that term, you know, how am I ever running years ago?

I don't know if I fully understood what the heck everyone was talking about. But as you see the size of government, you start to understand there's a huge chunk of bureaucracy that isn't voted in. And you kind of, oh, okay, in your cycles, maybe I'll ask it a different way. Because, you know, I point out Gates, you point out Soros, you know, Klaus Schwab, all these different characters who are playing their part in the background of government. when you go back through all this, even communism, certainly there would have been key individuals using their influence to allow some of those ideas to run and influence society as a whole. Is that just, you know, that's just the stage we're at when it comes to Canada, when it comes to United States.

You know, you're like in Canada. We got 11 MPs at least who were like literally traders to the country, right? But they're not going to allow anyone to see it. They're not going to allow anyone to talk about it. And you go, okay, so the bureaucracy that surrounds them is not going to allow this to come out. Is this just part of the cycle or is this something new? You know, or the deep state has been there, you know, as long as you have government, you're always going to have this part behind it.

Yes. No, that's very true. I mean, you can go back to, you know, Roman times, Byzantine times. And in fact, you know, the term very Byzantine is very, is more or less a huge deep state. It got to the point that the historians even said there were more people working in government than actually paying taxes. It just, it consumes it. And the problem that you get, just look at, you know, why do they want Biden? I mean, I mean, I've worked with governments around the world.

And Biden is basically just a placeholder. This is why they love him so much, all right? Because when you go to these cabinet meetings, you have the heads of all these agencies. And they're like two-year-old children. They all went their own way. None of them are elected. All right. And the president is supposed to be like the referee and keep them in check.

And that's not happening. So you have Blinken, who is a real neocon. And these people have, you take Blinken, you take Victoria. Newland, Garland, et cetera. They seem to have been intending to get control of government. And then they wage war against Russia for personal objectives. All three are Jewish who trace their lineage to Ukraine. And all three claimed to have been persecuted by the Russians when they were after all the Jews.

So why are all three of them that close to government? Is it they're attracted to that power? And then they want to vindicate their own personal agendas. So you have, Lincoln is the same way. said that his family was attacked by the Russians, et cetera. You know, these people, this is a conflict of interest. They should not be that close to power. All right.

It's like if you don't like your neighbor so you become the mayor so you can harass them, I mean, this is what takes place. And unfortunately, you have like, like Blinken threatening, you know, China over Taiwan. But China is the largest holder of U.S. debt. So what happens? China then starts selling $53 billion of U.S. debt the first quarter this year. And Jan Yellen hops on a plane from the Treasury, goes over,

oh, please continue to buy our debt. Well, excuse me, should I lend you $100 billion? so you can buy missiles to shoot me? I mean, it's just total chaos. This is the real problem with the Biden administration, and this is why they love him so much, because they all get to do whatever they want. You know, you've got the EPA outlawing gas stoves.

I mean, I grew up with gas stoves. I think I'm still alive. You know, it's, you take some minority ideas, and it's amplified and once it gets into the bureaucratic state these people are unelected they're wielding power that should not be there for them to do and unfortunately the courts just you know uphold it so if you if you fast forward then to today you know I've been focusing a little bit on that you know because I love when you discuss the cycles of of how things going.

You look at where we're at, there's been a lot of talk of recession. I don't know what your thoughts are on that, Marty, if you agree, but if you do, what would be like the catalyst that sets that off? And to the everyday Canadian or American, you know, what does that look like? What does that mean for your day by day?

If, and I don't know, maybe you don't think recession is on the horizon. I'm curious. No, we were going into recession. and won't bought them until probably around 2028. So when you say, sorry, you, sorry, you, sorry, you finish your thought. No, usually what creates it is uncertainty. And as soon as you have people uncertain about the future, they, they pull back.

They don't spend as wildly as they did. they start to save. And all this talk about war. And it's coming from every which angle possible. Like I said, I just got back from Europe. I mean, back in the days, even up to Reagan, you know, the neocons were against him from even meeting with Gorbachev, you know, and he refused to listen to them.

I mean, if he didn't, you know, listen to the neocons, the Berlin Wall would still be there. And the, I mean, I know some of these neocons, and my opinion is this. I've argued with them back and forth, but I think when Khrushchev said, we will bury you, they got, you know, their backs up and said,

okay, fine, well, we're going to spread democracy to the world. Of course, their democracy is the deep state, you know, but, you know, when communism fell, they'd never changed. It turned from the hating communists or just hating Russians and Chinese. When, like I said, when Reagan went to go meet with Gorbachev, they basically, they were no longer communism. some communists fell. And the excuse was, well, you can never trust the Russia. So we went from, you know, hating communist to just racism. So I think that, you know, the recession that we're looking at,

economically, when people are uncertain about the future, that's when they hoard their cash, They don't spend it. And that's what brings down the recession. So lowering interest rates, et cetera, it didn't matter. It went to negative and it still didn't work. All right. Why?

Because you're not going to borrow and even pay 1% if you don't think you're going to make 1%. You know, booms take place when people think, okay, fine. If I invest today, I'll make something. if you don't have confidence in the future, you're not going to invest. And when you talk about uncertainty, I mean, I've looked at your polls, I've looked at other polls that show pretty much uncertainty in everything under the sun from, you know, media, government, religion. Like, there's a whole bunch of things in there that just show people are uncertain about the entire world right now. And then with war on the on on, you know, on the doorstep, you're like, we're, we're already walking into a recession essentially then. Yes. I mean, I just published the Gallow polls. And I mean, to my shock, the bottom of the list is Congress.

8% confidence in Congress. Eight percent. If you don't trust even government. And, um, I mean, this is it. I mean, you know, my computer is basically showing that this is, it's part of the decline in fall of the West. And cyclically, you have to understand that, you know, governments, empires, city, states, everybody has risen from the ashes and gone to the top, and then they crash again.

I mean, if that wasn't the case, we'd still all be speaking Babylonian, you know. But it, once you get power to any form of government, and, you know, I suggest you read, you know, Plato's Republic, there's a, in there, there's a debate between Socrates and Thrasimachus. This is over 2,000 years ago. And Thrasimachus says, justice is the same regardless, of the form of government.

Why? Because they will always exercise justice becomes simply the self-interest of those in power. So, you know, your question about the deep state, it's always been there. Yeah. It's just always been there. Well, when I talk about the deeps, it just seems so insane to me the things they're doing, right? It is, you know, I can't transport back to Rome and see what their thoughts were. When we talk about it, it seems like they were trying to save Rome, right?

But if you maybe take a step back from that, you might go, well, they were in their messed up way, but actually what they were trying to save was their power, right? And that played out in many different ways. And when you look at the United States today, and I talk about Bill Gates, he's trying to me it looks like he's trying to reduce the world's population right and his and I'm like has that ever happened like has that ever played out before whereas close Schwab and maybe others martin look like they want one world government which is trying to control the population trying to have power over the decisions that people make and that to me seems very cyclical

or just a world problem since day one yes I actually, you can Google on my site. I put on a video of the former French president, Holland, and Merkel in Parliament in the EU. And he says exactly that. The whole purpose of forming the EU was to create one government to end European wars. And this is this theory that, and I've argued against it, it's stupid. They said, oh, if there's one government, you'll stop war. And that's not true.

Rome had one government. How many civil wars did they have? You know, it's, I don't know if these people just ignore history, never picked up a history book or what. But, you know, we are headed towards civil war. There's no question about that. because you've polarized the countries, Canada, the United States, so much that it's a psychological war tactic effectively. You demonize your opponent. And like they did that with Saddam Hussein, you know, and then, oh, yes, go get all Iranians, you know.

They're doing that to Putin. I mean, I've actually heard people who say, yeah, if we go in there, remove Putin, the Russians will cheer and give us a ticker tape parade. I see people are out of your mind, you know. And, you know, it's, we see the same. Look at what they've done to Trump. They've demonized him so much.

You know, Hillary Clinton, you know, when she lost, she called everybody they voted for trumpet deplorable. You know, you're dividing half the country. All right. Historically, I can tell you that there is a rise and fall to civilization. That's what got me interested in cycles. Why? Why does this actually happen? Because as soon as you give power to somebody, it's like a small business.

He starts out and wants to expand. Let me, you know, I'll do this and I'll increase my business. You're taking that same human nature and you're then releasing it in government. Oh, well, we could prevent a recession if we did this, if we did that. And there's always more and more power. And eventually what happens is the people resist that. And so then when you look at it, at these just about every revolution you want to look at. What's at the core? It's economics and

taxation. All right. American Revolution, no taxation without representation. What do you have now? You have Janet Yellen saying, you know, oh, well, we should tax unrealized gains. You know, they're never, you know, Spain, you can look up was a serial defaulter. They defaulted on their death seven times. Why? All right, they were the richest country in Europe. But they couldn't wait for that ship with gold to come. So they barred against it before even arrived.

And then when the ship sailed, I can't pay you. Sorry about that. You know, it, it's, they became a. serial default or they succeeded in taking their country from the from the the financial capital of Europe to a third world country i mean this is the same process you see in rome and greeks uh babylonians the syria they all follow the same pattern once you're in power they want more and more power and as that happens as they start to lose power they become a thought authoritarian. As they become authoritarian, then what do you get? You get revolution. It's the same thing

throughout for thousands of years. Humans will always respond in the same manner. As simple as that. So we are facing it like a revolution, more or less the last time it was against monarchy. This time it's going to be against republics. Republicans are effectively, actually, if you look at it objectively, the most corrupt form of government, period. Why? Because you can't bribe a monarch. You can't even bribe a dictator, but you can bribe everybody that's in parliament or Congress. They're up for sale. When Caesar crossed the Rubicon, it was the same thing. I mean, the people cheered Caesar. It was the Senate that fled to Asia. Why? All right. There was a debt crisis then, too, et cetera. We have the Jewelian calendar. Why? Because the politicians, the power was in the chief, you know, the, the ponte of Max, the head of the religion.

He had charged to insert days for leap year. It was discretionary. So they went to him, say, look, we don't want to go to election this month. Give us a couple more months. Okay, fine. And he would extend the calendar. So when Caesar crossed the Rubicon was January 10th, that's supposed to be winter. It was summer. It was that bad.

So when seizure, you know, Cicero, unfortunately, our founding fathers believed Cicero, and Cicero was one of the corrupt politicians, all right? So when Caesar crossed the Rubicon, he did many reforms. And the calendar was one of them. No, we're going to standardize it. That's it. And this corruption. You know, that's why, you know, Cicero and all the other politicians, they hated Caesar because he was taking their power away.

That's why they assassinated it. So when you come back to recession, you know, know, and where we sit here in 2024, you mentioned, you know, it's preceded by uncertainty. We certainly have lots of that. You mentioned the bottom of it is 2028. So from here to 2028, what does the Canadian, what can you expect from, I don't know, recession. What is that, what does that look like, Martin, in your mind? Normally, you would see interest rates declining to try and get people to invest more.

However, this time we have war on the horizon. And when you have these people beating the war drums, you get the opposite effect. And so people aren't going to invest because of war. It's not a question of where are the interest rates out. that. You know, if they do not see an opportunity, they're not going to invest. Then you take this nonsense with taxing unrealized gains. Australia is now looking at doing this. All right. Let's look objectively, you have Bezos, okay? Owns Amazon. Now you say, oh, you're now worth $10 billion. based upon the stock value.

We won 25% of that. How does he pay it? It's not cash. He has to sell. Now he has to sell at least 25% of his stock just to pay the taxes. This is how they destroyed the farmers. A farmer, you know, created a farm. Then he died.

They went to the, oh, gee, you know, this. This land is worth a lot more today, and we want inheritance tax. It forced them to start selling land to pay the tax. So now you have Bill Gates is the largest landholder of farmland. You have Monsanto in there. You've destroyed the small farms, and all because of taxation. And this proposal of taxing unrealized gains, They said, oh, it's only going to be the rich.

They said that in 1913 also when they created the income tax. Oh, it won't affect you. World War II comes payroll tax. All right. I was in Australia when they were pitching the luxury tax. And the slogan was, we're going to get all those rich people. We're going to tax their Ferraris, their fur coats, and their French wine. I only saw two Ferraris in Sydney because they were already 100% tax to get in.

They didn't wear fur coats in Sydney. That may be down in Melbourne. And nobody ever gave me French wine. They always gave me Australia. But it was a great slogan. And everybody cheered, yeah, go get those people. You know, let them make them pay like I got to pay. Okay, fine.

They passed the luxury tax. What was in it? All electrical products. Your phone. You wanted a refrigerator? Oh, that's a luxury. It was suddenly anything other than a tent in a field was a luxury. And this is how they sell things to us all of the time.

It doesn't matter what government it is. They never, ever, ever tell the truth. So when you look at heading towards 2028, you see uncertainty, bingo. You go, normally it would be declining interest rates because that's, they're going to try and get you to spend, but you're like, but it's going to be counteractive by the fact, you know, you got Russian ships sitting in Cuba and war is on the horizon in 12 different ways across the world. So interest rates won't go down that, is what you're saying? Interest rates will actually stagnate or go up? What happens with war?

Dagnate to rise. I mean, you have to understand that central bank can, when it sets interest rates, it can only dictate the short term. All right. Quantitative easing. What was that? Why did they engage in that? That was because the central banks have no control over long-term rates. So they went in to buy long-term bonds that try to reduce the supply to influence the long-term rates to decline.

All right, so they have no direct control over that. So when you get into war, all right, do you really want to buy a 10-year bond when you don't know who's going to win or what's the outcome? All right. During World War II, the White House and the Treasury went to the Federal Reserve and said, look, we want you to do kind of a quantitative easing, but in reverse. If interest rates go up beyond this point, we want you to buy to keep them down. So the Federal Reserve did that for World War II. In December of last year, Powell came out and what did he say? And I can tell you, you know, as you know, I have advised probably more central banks than anybody here in the world, but everywhere. and the number one rule is you do not criticize your administration.

Powell came out last December and did. He said this spending is unsustainable. That's the first time the Federal Reserve has ever criticized in any administration since 1951. What happened then? After World War II, they were going into Korea. They went back to the Fed and said, we want you to do the same thing again. And they said, no, we're not going to continue this nonsense of artificially trying to keep inflation and interest rates down when you people keep waging wars. And so that was the first time the Federal Reserve refused and went its own way.

So when Powell came out just last December and said, this is unsusely. sustainable. We're at the same point again. Don't count on the Federal Reserve lowering interest rates dramatically. It can't. If we are waging war, what happens in war? There are shortages. They already set the inflation that we had was set in motion by COVID. When you locked everybody down, all right, I had. I had farmers saying they had to kill 30,000 chickens because they could even get them to market. There was no trucker that could take them. All right.

And they're starting that same nonsense again. Finland just came out this week and said vaccines for the bird flu. Yeah. You know, what's next? Lockdowns again? All right. You're going to destroy the economy. and

do you think when it comes to this avian flu you know and vaccines for all the birds and you know livestock and on and on it goes Martin I guess my brain doesn't go they're going to try and lock us down again for that because maybe I'm wrong on this

I just don't feel like the human population is like oh yeah I'm going to get locked down from the avian flu but I could see the reduction of food supply through those means certainly by just culling animals by disease, right? They have avian flu. We got to call, you know, like you say, back in COVID, it was 30,000 chickens because they couldn't get them to market.

In this example or what's playing out right now, they can do it for public safety. And in that, they artificially reduce food supply. Am I wrong on my thinking there? Or what are your thoughts? No, but that's just one facet. I did just put out a report. It's only $10, so I do encourage people to get it. It's the 2020 coup. The 2020 election was stolen, but it was not stolen by, you know, voting machines and people counting twice and all that. I mean, that was all nonsense and it was a distraction. What really took place,

was centered around the January 6th issue with the Capitol Hill. And I put in a report, and you can even Google it yourself and find out. The FBI testified before Congress. They could not even tell Congress how many operatives they had there. Way too many. All right. Every agency, office, everybody had people there. Now, most likely the FBI were the ones that encouraged to break in, breaking the glass, etc. Why? This is this deep state. Once they did that, Pelosi was able to then say, oh, emergency rules apply.

There were seven states that were going to challenge the vote. If just one had worked, Trump would be president. They had to shut down seven states. Emergency rules allowed that. What also happened was that they, it's required that if there is going to be a challenge to a, to a vote, it must be debated before the full House. What did Pelosi also do? Oh, COVID. It's too dangerous to do that. Her rule was no more than 53 people could be on the floor at a time. So they used COVID basically as the excuse to rig the election. And the seven states were not allowed to make any objections and there couldn't be a full, you know, debate as required. So my concern is they're starting with this avian flu stuff again

and are already out there with preparing for mail-in ballots. If you look at the election, all the studies show that if you actually eliminated the mail-in ballots, Trump would have won. So again, we're out here with the mail-in ballots. will be dangerous with this bird flu for you to go vote. So do it from a mail-win ballot from home. All right. So they might not lock us down, but they'll try and scare the hell out of everybody from even leaving your house. And it's going to be set up again in time for the election. There's too much at stake in this election.

Trump is anti-war. He's anti-climate change. these people are, you know, the, like blinking, et cetera, and you take all the climate change people. This is their time in the sun. This is their 15 minutes of glory. They're there to grab the brass ring. They know that Biden is, you know, not competent. I mean, there are videos out there of him at the G.

where Zelensky even had to get up and walk around the table to wake them up. I mean, they know that Biden would lose against Trump. What they're planning on doing, and it's been this way from the beginning, this has all been orchestrated. They wouldn't, the Democrats would not allow even RFK to be on the ticket. all right nobody could be on that ticket yet we're fighting for democracy you only have one choice which is not you know democracy because when the august democratic convention takes place under their rules what do they have the ability to do draft somebody else

Hillary Clinton already has her mugs out see i told you i was right she's coming out out with a book this week and time for the, you know, for the debates, warning the world. All right. She is positioned to be, and the people I talk to, they think that that's their hope, that she had beat Trump on a popular vote, not in the, in the electoral college, but. But they think at least she has a shot at getting rid of or beating Trump. And then you're going to see the same nonsense that because he's against war, oh, he's Putin's puppet, you know, all this stuff. And that's what they're hoping for.

They know Biden is, his real numbers are down at the same thing as Gallup is showing for. Congress, 8%. And that's not something I'm just making up. You can Google it. I mean, I was shocked myself that Gallup poll put Congress at the very bottom. I mean, you know, below even the news. I think the news was second or third from the low. I think they're around 14% people trusting the nightly news. I mean, even a used car salesman. They used to be the worst of the lot has more confidence than anybody in government. I have the, it said Gallup polls shows that the confidence in Congress has collapsed to just 7% mainstream news is 11%.

So those are the two numbers right there to give credence to what Martin's talking about. The Hillary Clinton thing, you know, that's, it doesn't, I guess it shouldn't surprise me. The one I'd heard was Michelle Obama that she would come in. And she'd be more in line with maybe pulling some people back from the brink. Like Hillary Clinton at this point, I'm like, who do they think they're going to win with that? But maybe there's still the Hillary fans out there. I just, I don't see it. But that's me.

Well, it's also the neocons. All right. They want power. This is their 15 minutes in the sun to wage, you know, they really, they want to. to destroy Russia. This has got nothing to do with Ukraine. They don't care if every Ukrainian dies in the process. Oh, we have to vindicate them. You know, I mean, when Putin did his interview with Tucker, oh, this is outrageous. Everything, and I listened very carefully, everything he said was absolutely true. All right, I published a book, the Plata is.

to seize Russia. I got a hold of all the declassified documents from the Clinton administration. And right in the beginning of the book, there it is. I published it. It's from Washington. All right. Russia was invited to join NATO. All right. And look, they, they, to their them, they have lived their entire life hating Russia. They can't let that go. And these people have risen to the top of the food chain in Washington. And even NATO. I mean, NATO is, it should have been disbanded.

Once communism fell, the whole purpose of NATO was, oh, the communists are going to come and they're going to invade Europe. Okay. They're not doing that. Communists are gone. There's no threat of Russia invading and taking all of Europe. If Russia wanted to annihilate Ukraine, it could have done so easily. You know, there are, you know, I can tell you that there are the critics of Putin inside Russia are, or, or, or, you know, just the opposite. They feel that his special operation, just to defend the Donbos, was wrong. That he should have gone in and just wiped out Ukraine and it would have been over in six weeks, the same way the West did to Iraq. Putin didn't want to do that. And he called it a special operation, because he was only trying to defend the Dombas. You know, all this stuff about it, it's no matter, you take the Western press, you know, Putin has come out numerous times now and saying, basically, we're on the brink of nuclear war.

The West, oh, see, he's threatening nuclear war. No, he's trying to warn you. Is this really? where you want to go. All right. There are people in Russia that feel that he should nuke Kiev and then say, see, is this what you want? You know, I mean, to some degree, you know, I understand what they're saying. Maybe that would wake up the people on their couches and stop listening to this bullshit on TV.

I don't know. We seem to be sleepwalking into World War III. Yeah, well, I would agree with you. It seems like the sleepwalking in the World War III, for those of us paying attention to a lot of different conversations going on around the world, it's shocking to see where we're at and the fact that it doesn't seem like anything that happens can pull a huge chunk of the population out of the, like, you know, to use your reference, sleepwalk. You know, just before I let you out of here, I don't want to keep you all morning, Martin, I do appreciate. you giving me as much time as you have. I come back to, you know, when I, I said this the first time I had you on. And this is, you know, once again, probably at least a year ago, if not too, now is, you know, I'd listen to you at the beginning of 2020. You talked about 2032 that you're

just stuck in my brain. I was like, who is this guy? In 2032, what is going? Okay, that's very interesting. And I look at, you know, every time I have you on, it seems like you throw out a new date and I'm like, okay, I'm going to have to think about that now, right? I'm going to get asked about this a lot from not only the brothers. I'm sure they're going to listen to us and we're going to have discussions about it. When you talk about 2028, bottom of the recession, that's what the Socrates is shown. You go, so is it four more years to pull out of that? And then I, I, I, I'm just curious, you know, like we, we sit here in oil country, we sit here in cattle country, farming, you know, Saskatchewan's got uranium deposits, all these different things. Certainly the entire world won't see recession the same way all at once.

When you look towards Alberta, specifically, I guess, or Western Canada, is there an opportunity with, you know, war on the brink and different things that actually you could see something crazy? crazy happen here with the industry that sits here? Or you're like, oh, no, that's not the case at all. Like 2028 is the bottom. It's going to take us 20 years to get out of this. And it doesn't matter what industry you're going to feel the effects. No, I mean, look, there are industries that benefit from more and others that do not. All right. The ones that usually do not are more in the financial area, like they will put on capital controls, you can't move money out, things of this nature. What 2032 is about, all right, is the fall of republics. We get to redesign government all over again, the same way like the founding fathers all got together and created the United States.

We don't get to that point without the pain before, all right? You don't fix something. You don't fix thing unless it's broke. All right. And that's what we're going through. People have to see this. The United States will break up into regions the same way as Canada will. All right. I remember back in the 80s, the big real estate booms, you know, they were raising interest rates because real estate was going up in Toronto. And while they were putting farmers and miners into bankruptcy in the West, one size does not fit all. When the Federal Reserve was created, you know, you had all these branches around the country, and they realized that, you know, for example, when the San Francisco earthquake happened in 1906, the insurers were on the East Coast. coast and all the money moved from the east to the west. And so there was shortages of cash in the east, and that caused bank failures.

So that's why they created the Fed with all these different branches. So one branch you can look in the 20s, would have interest rates at 4%, another would have it at 3. It was to attract money from one region to the other. It was with socialism at FDR, usurped all that power into Washington. and then made this one-size-fits-all. And Canada has followed it. Europe has followed it. It doesn't work.

That's why communism fell. All right. Most people don't know the history of Russia. Lenin was trying to create a confederation based upon the United States, that each state would retain. his sovereignty. He wrote a letter and said, please do not let Stalin secede me. It is believed in Russia that Stalin poisoned Lenin and his wife. What did Stalin do? He then usurped all the power into Moscow and made it more or less a dictatorship. Exactly opposite of what Lenin wanted.

all right once you create centralized control you lose everything there's a movie um i think mr jones or something that uh you know once you communism Stalin usurped all the power and then you have somebody like at the DMV deciding when to plant corn or not you know it was a food crisis. The crops failed. Nobody knew what they were doing because the government seized all the property. The government didn't have the experience to even know how to plant or when. All right. And that's where they stole the food from Ukraine to pretend that communism was working and killed seven million Ukrainians. And that's why they hate the Russians. I mean, all this goes back to, you know, centralized control was failing. That's what we are our feeling. That's what we are, our

You know, you take Washington, oh, we're going to make it, you know, abortion for everybody. Well, the middle of the country is, they call it a Bible Belt. You're offending those people. All right. The Supreme Court was correct. It's good. Give it back to the states. You know, and Washington, no, we have to do it.

And everybody's got to do what we say. That is exactly what Stalin did, and that is why it fails. So you'll see the same thing in Canada. Look at Zelensky. Why, you know, why is this war in Ukraine even there? He was told the deuce, you know, basically when the revolution took place in 2014, it was Victoria Newland that installed a interim government. The interim government, unelected, is the one that immediately sent troops to attack the Dumbas.

because that's where all the Russians are. All right. Zelensky, I mean, we had employees in Kiev and in Donetsk. And I can tell you that they basically feel that the election was rigged. Zelenskyy supposedly ran on peace and did nothing but war. But what has he done to make sure that Putin would cross the border? First, he outlaws Russian. Second, he outlaws the religion.

Says, you have to report to our patriarch in Kiev, not Moscow. Orthodox Christianity celebrates Christmas in January. He said, no, you have to celebrate it now December 25th. I think if Canada outlawed French, you're going to have a civil war there too. You know, or like the United States says, oh, you can no longer speak Spanish. I mean, you can't do this kind of stuff. Civil civilization works only when everybody benefits. When one group says it's now my turn to oppress the other side, civilization should not exist.

That's what tears these things apart. That's what 2032 is about. Trudeau meets with this 16-year-old girl from, and then suddenly wants it to, you know, who even paid her to get there? All right, who paid her, her airfare and everything else? You know, she sailed around the world. Oh, but she's 16 years old?

Doesn't have a job. Who's paying for all this? You know, look, I've even seen the outclips from the WEF, where they were putting her up, and you had the head of Greenpeace writing the speeches for her, and she just stands up and reads them. You know, Canada will split, you know, east to west. U.S. will probably split up into at least three regions, maybe four.

And, I mean, you have insane law. is coming out. I mean, you know, California is saying that a parent, you know, has no right. And the teacher is not to tell the parent that your child wants to change their sex. You know, what is this? I mean, they're interfering. It's exactly what took place in communism. I know people that grew up there behind the Berlin Wall. In school, they were told that it's the state that's your parent, not your biological parents. And if they ever say anything against the state, you're supposed to report them. One friend of mine from East Berlin, basically, when the wall came down, his father went and got his stasi file. And in there, he found everybody he thought

was his friends were ratting on him. He came home, started punching holes in the wall. He said, his father was deranged and he started pulling out microphones and he said his father to this day will not speak to anybody but family that's the state that we're looking at that as these people lose power they get more and more authoritarian um supreme court just came out with the decision i thought was very bad but you know um saying oh that uh you know you know they pretty much dismissed the fact that the Biden administration was calling Facebook and things of this nature and saying that, you know, censor this person, take them their posts down, et cetera. And they said, well, the state sued and they didn't really suffer the harm. It's an individual. So they dismissed the case. Come on. So you're advocating basically that the government can censor everything that we do,

although the Constitution says they can. A 63 decision. I mean, I just, everything that is taking place is a step towards eventually to break up. And that's what 2032 is about. Yeah. So you go the pain, you think you're in pain now in the next eight years. the pain is only going to increase. And I come all the way back to it, you know, when I, when you sit and you hear that,

you go, okay. So, you know, this is what the cornerstone forum was, was trying to address, right? Like in the next year, we're going to have problems. What are some of the things you can do to navigate through some of those problems? And you go, you know, like if everywhere on the world is going to face the same problems, well, then you've got to hunker down, you've got to stay exactly where you're at. But I think we can agree that not everywhere in the world is going to face the same problem at the same time. Different places are going to be insulated from some of it.

You mentioned when it comes to war, the financial side of things is going to be hit harder than say if you, you know, I remember one of the guys who brought industry to Lloyd Minster got his start in bunker fuel and giving that fuel to or creating that fuel. I guess for the war machine. And you think like, well, if we're going to go to war, it doesn't run on ferry dust, right? Like you're going to have to build things. You're going to have to fuel things. You're going to have to move machinery on and on. And when I look at Alberta, specifically,

even Saskatchewan, for that matter, Western Canada, what do we have in abundance? We have these natural resources. You look at the way the world wants to go, Martin, with green technology. And I put that in parentheses. you know, nuclear power, small nuclear reactors, different things like that. That lends itself to the uranium deposits here.

And I would think that would be something for people to pay attention to, I assume. Whereas, you know, if you're invested in, I don't know what you would say. Don't, you know, be cautious of maybe these couple of things. Well, I think, you know, if you just look at history, the United States was an agrarian society. About 70% were effectively in agriculture. All right. You had the United States was virtually bankrupt in 1896. It's when J.P. Morgan had to step up and lend $100 million to bail out the treasury.

At the end of World War II, we had already displaced Britain as the first. financial capital. By the end of World War II, we had 76% of the official world gold reserves. The United States became what it is today because of war. If it wasn't for World War I or World War II, we'd probably still be plowing fields. All right. U.S. responded, building machines, you know, growing the food to fund Europe. because you're basically, when everybody's running around with tanks blowing things up down the street, you're not going to leave your money in the local bank. So war has impacted capital flows.

And it's the capital flows that make the countries rise and fall. I mean, back in June of 98, our computer said that Russia was going to collapse. And I stood up in our conference in London, and I said, I give it about 30 days and it's going to collapse. That turned out to be the long-term capital management crisis, all that stuff. And, you know, we saw basically $100 billion going in, but we saw $150 billion coming out.

So the capital flows basically will indicate, this sort of thing. And our computer's been incredible on forecasting geopolitical events. And when I designed it, I never anticipated that I was trying to create something that did that. We had one client in Lebanon, who was a major bank there, and they had found a ledger or somebody wrote down Lebanese pound every day back to, you know, into the 19th century. And they asked us if we could create a model. I said, sure, send it over.

We put it in. And out came. It said the country was going to fall apart in eight days. I thought there was something wrong with the data. I called the client. I said, look, there's something that's got to be wrong. It says your country's going to fall apart in eight days. And it said, very commonly, well, what currency would you recommend?

I said, well, it says the Swiss franc. Eight days later, the Civil War began. Now, they were not shocked at that forecast. And I then came to realize they saw this coming. They only came to us for the timing. So when you see the timing and you can see that, you know, all these different years predicting, where is the safe haven then, Martin, if there is one? It's going to affect the entire world.

I mean, South America, Asia, these people are, Honestly insane. You know, I warned, you know, probably three years ago. You know, even back in 2013, I had posted, Ukraine's going to be the spot. The computer picked up the Ukraine. That's where World War III was going to start. And I stood up in our 2011 conference and showed the war cycle was going to turn up in 2014. And these people have, I think they're just completely nuts. You know,

we had Richard Nixon fly to China and open that up to separate China and Russia. These people are completely brain dead. They pushed Russia and China together. And Who's joining the party, North Korea, Iran. This type of war is far worse than anything, I think, in history. You know, there's no way you can possibly even defend from every which direction. I mean, that's how Napoleon lost, Hitler lost. We're following the same stupid pattern. It's one thing you want to, you know, wage war against Russia,

then you don't also start, you know, bad-mouthing China. I mean, your enemy, you know, and my enemy, and then, you know, basically we're friends, right? I mean, it's, I don't know. I've just never seen such stupidity. In the White House, as guys say, these people are just, they're out of control. You know, one final question for you,

and then I'll let you get on with your day. If you were, you know, if you could stand up where you're at right now and talk directly to the audience and be like, listen, folks, pay attention to what? What would you say? I would say that they're probably going to create some sort of a false flag or a war event, maybe even by September. they think that this is coming from Washington, that they basically think that no president has ever lost in time of war.

And so if we create a war, then we can retain power. The same thing is taking place in Europe. If you look at the elections there on June 9th, the right swept everything. Macron has gone from the peacemaker, bringing Putin over to talk about peace to the warmonger. Let's send in troops to Ukraine. Why? Because he knew he's losing power and he has to create something that justifies. his position.

You know, this is the problem. So I would understand that war is probably going to be the major issue that moves capital one way or another. All right. You're better off in Canada, certainly, you don't want to be in Europe. even in Asia I talk to a lot of people in Japan they're very concerned because of North Korea so the uncertainty is there you have Australia which is gone so far to the left they're talking about taxing unrealized gains there too once you do that you've ended investment Well, you look at Canada.

I mean, like, they're taxing everything. Yeah. The uncertainty here is insane, right? Like, we're no different than the States. And so capital is fleeing, like rats from a sinking ship. And so I go like, where, you know, so we look to the United States, I assume, you know, I assume that's where a lot of it's the heading. You look at the Canadian dollar, it doesn't look great.

And you go, so where? can people go? Like, you know, when you say world, the war is going to hit all parts of the world. This isn't just one, it isn't just going to be one spot in Europe and the money's all going to flow over to North America because it's a safe haven. What you're, what you're outlining is like war across the world. Then when that starts, there's going to be civil war. And so you're looking at a global escalation of epic proportions that we've never seen before. So where is it going to go? Where can people go? Where can people go? Where can I would be, I would certainly look, I mean, I know a lot of people look at precious metals, be careful about leaving it someplace in a storage facility.

Because these people do know about, they're going to be after capital. That's what they always do in these periods. And so I would be concerned more about confiscation of assets, kind of like Trudeau did with bank accounts, etc. up there. When it comes to the government, there are no rules. Your Constitution means nothing. All right. People say, oh, you know, I have a First Amendment right. You have no right to free speech. The First Amendment says the government shall not. It doesn't say Facebook shall not. All right.

Facebook gets a call. Hey, shut this guy down. Supreme Court just said that's okay. So, I mean, I would be more insulated that way. I would be more concerned about public type assets, stay away from government bonds, anything federal, state, local, just forget it. I'll give you an example when Italy was in trouble, when you had 30-day paper, what did they do?

Oh, we're just converting it to 10 years. That's it. All right. Government can do whatever it was. What are your thoughts, Martin, on Bitcoin? Honestly, being a programmer, I've looked at it very carefully. the code traces back to the NSA. Bitcoin was probably created by the intelligence agencies

to sell this idea of a digital currency. Why? Because I can tell you, you know, Europe, America, pretty much they all come up with this. same number, they assume that 35% of the economy is underground. If they eliminate cash, then they get that taxation. You know, you hire that 16 year old girl next door to watch the kids while you and your wife go out to dinner. You gave her $50. Oh my God. You know, she didn't pay taxes. That's why we're in trouble. It's that 16 year old girl, you know.

So by eliminating the cash, they think that's going to increase their tax revenue by at least 35%. And I can tell you that what is really taking place, if you dig deep enough, the IMF has already created their digital currency. and this whole idea of Bitcoin and central bank currencies and stuff, what's really going to happen is the IMF is positioning itself to replace the dollar as the reserve currency. Why? because basically when the neocons put sanctions in against Russia, what really happened? That's what created the bricks. It's got nothing to do with gold or anything else.

What it is is that they turned the dollar from a free currency to a weapon. And it suddenly became, if you do not do what Lincoln tells you to do, he will remove you from the SWIF system. So the BRICS is really about getting away from the authoritarian rule of the United States. And that's what you're really, it's got nothing to go back, all this, you know, that's Fiat. Every currency in the world's Fiat. Okay. So let's get real here.

This is geopolitical. So the IMF trying to create its coin thinks it will heal the world economy and therefore the criticisms of China and Russia about the dollar because it's weaponized well the IMF will replace the dollar and it won't be political so they think they can bring the world economy back together

that's really what's going on behind the curtain. You know, Bitcoin was, in politics, I can tell you what they do is they float a balloon to see how the people respond. All right. That's what Bitcoin was. The code I'm telling you, it goes exactly right back to the NSA. And it is a politician's dream. Why? Because if I give you a hundred-hour bill, they don't know where I got it from. If I give you $100 in Bitcoin, they know where I got it from and everybody down the line. That's not liberty. That's not freedom. All right.

Oh, it's going to be this hedge against central banking. Complete nonsense. It's a path to trace everything down the line. That's what Bitcoin does. All right. So they use this to get people accustomed to the idea. And if government came out with it, people would have been more suspicious. Oh, it's private sector. I can also tell you that the Federal Reserve has really no intention of issuing a digital currency.

What's going on is every bank is positioning itself and creating their own. You've got, you know, black rock out there trying to take over Bitcoin itself. All right. Why? Just as I just said in that Supreme Court decision, all right, if the Federal Reserve wanted to look at your account, they need a search warrant. If a bank does it, no search warrant required. All right. So what happens is there's already rules and regulations in place. All right. A bank has to respond and report suspicious activity.

All right. If I put $100,000 in your account, they're going to generate a report and say, hey, you just got 100 grand from this guy. What's going on? So by the banks creating their own individual currencies, they will all be regulated by the Fed, and therefore any suspicious activity in a cryptocurrency will be reported to the Federal Reserve. And it doesn't violate your constitutional rights. So they got this all worked out very cleverly. and so if you just do a little bit of digging, you'll see every one of the major banks is in on creating their own currency.

Why? I appreciate you giving me time here this morning. Martin, I could sit here and talk to you for probably five hours. I'm sure the audience would love that. I know that by doing that, I'm probably going to cause some hardships on your end. Thank you for doing this. Thanks for hopping on with me and giving me as much time as you have. have. You always have been very generous with your time on this side of things. And I look forward to

the next chat here, hopefully a little later on in 2024. But either way, thanks again for hopping on. Well, you know, it's always a pleasure. The more people that really understand what's going on, then we can change this because we're going to have to reform. What has to be reform? You can't fix, you know, what you don't know what's broken. So it's always a pleasure. Nice to see you again. Yes. Thanks, Martin. Thank you.