Shaun Newman Podcast - #869- Martin Armstrong

Episode Date: June 12, 2025

Martin Armstrong is the CEO of Armstrong Analytics and is renowned for his economic forecasting model, the Economic Confidence Model, which has notably predicted major market events. He has advised governments and financial institutions worldwide, offering insights into market trends, currency movements, and geopolitical impacts on the economy. To watch the Full Cornerstone Forum: https://open.substack.com/pub/shaunnewmanpodcastGet your voice heard: Text Shaun 587-217-8500Silver Gold Bull Links:Website: https://silvergoldbull.ca/Email: [e-mail] Grahame: [phone]Bow Valley Credit UnionWebsite: www.BowValleycu.comEmail: [e-mail] Use the code “SNP” on all ordersProphet River Links:Website: store.prophetriver.com/Email: [e-mail]

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text line would love to hear your thoughts if you're listening or watching on spotify apple youtube rumble x make sure to subscribe make sure to leave a review make sure to do all the things and uh how about we get on to that tale of the tape he's the CEO of armstrong analytics and is known for his economic forecasting model, the economic confidence model. 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. Martin, thanks for giving me some time this morning. Oh, it's always a pleasure. Nice to see you. Well, I know on this side, now having actually shook your hand and gotten to have you, you know, up for a few days and be a part of the Cornerstone Forum, sitting down this morning, you know, it's, it feels like talking to an old friend now, which is, which is pretty cool.

Finally, getting to meet people in person really adds perspective into who the guest is. And certainly I know a ton of feedback came from the Cornerstone Forum. And a lot of it surrounding, you know, you being there. So I just wanted to say thank you on air again for making the trip up north. Well, it was at least warm. Like I said, at your conference the last time I was up there at Edmonton, it was 40 below. And you didn't even open your mouth because your teeth hurt. Well, we made sure that the sun was shining, you know?

I mean, I'm curious your thoughts on this. You know, I want to talk about all the things going on in the world. But, you know, one of the conversations that I've been, I don't know, not struggling with, but I really wanted your perspective on. You know, when we look at the big players, you look at the U.S., Britain, Russia, China, you know, maybe I'm missing a couple that you'd like to add in. One of the things I've been trying to decipher, you know,

like with specifically China, I have a whole bunch of people that say China isn't the real culprit, but if you tell Canadians that, there it's it's like telling them the sky isn't blue you know because you're seeing mps being tied there you're seeing uh different things with uh um real estate and you know buying up farmland and and just the list goes on the oil companies etc and it's it's so you know it's it's like right in front of them and then i'll have different guests come on and and talk about england and how or Britain and how London all roads lead back there.

And I was just wondering, you know, to start today, you know, when you look at a country and you go, this is actually what's operating there because you can have all these big players, but underneath the big players are actually the big players. How do you decipher who's actually making the moves for a country? I mean, geopolitically or just from an investment standpoint? geopolitically. That is generally done by the people that profit from it. And that's not the average person or investor who's buying farmland or something like that.

There is a book actually that I would recommend. end. And it was by a former general Medley Butler. And the book is written in 1935, and it's still very relevant today. It's called War is a racket. And after fighting in the Spanish-American War, Philippines, a number of these other things, he can that these wars are based solely to benefit certain people. And he had an interesting solution. That would be very controversial to implement. But he said, if you're going to draft people to be in war, they should be the only ones that should be allowed to vote for it.

Secondly, he said if you're going to conscript people and force them to go to war, then the capital should equally be conscripted for war. So you take 5% of everybody's accounts or whatever. Obviously, that would cause a major opportunity. uprising. And that was his point. He also said that we should not be involved in wars unless it involves U.S. soil, not Philippines and all these other places. And he was actually, he had the Medal of Honor. I mean, he couldn't be ignored. He was, you know, that, you know, prestigious at the time. And I would recommend to read his book. It's very, very enlightening, and he calls it War as a Rackett.

And it was actually Eisenhower, who I think maybe read his book and kind of popularized the idea of the military complex. Because that's basically what he was talking about. You know, it's, you know, the reason we're going into war is, quite frankly, governments refuse to reform. And, you know, I've been dealing with them for, you know, for 50 some years. And I've, nobody's ever been able to answer a question. Why are we borrowing if you have no intention to paying anything back? I have yet to ever get an answer from any government. Well, that's just what everybody does, you know, and that's pretty much it.

And I think this is all coming to a head, and it's from the political elite, not the average person or even the average corporation. It's The government knows it's in trouble And instead of reforming, they become more authoritarian And that's where we're heading into like this

2032 stuff We were like Vance stood up there at the Munich Security Conference And gave them how about restricting free speech because that's what it is. You know, we don't want people criticizing us, so shut them up. They think that they can stop that. All right.

You know, what they did to me was the same thing. Instead of saying maybe the computer model I developed actually worked, instead they prefer to say oh it's just me and i have uh untold influence because i have more you know minions following me than they did you know um and so they you know they tried to take me out of the game but nothing changed i mean the market still crashed or 2007, they crashed and they were saying on the floor, Armstrong's revenge because it comes out to the very day. So it's not me.

But this is the way they are, you know, as well. I mean, it's like let's clamp down, shut down all the free speech so we'll be able to control what we need to control. And it's not going to work. Well, I had a thought with Rebecca Coughler and Alex Craneer when they were on last week. And what I see happening, and you just pointed it out, right? By silencing voices, they don't have the, they'd call it dissent. And I would just call it common sense entering, you know, like balancing the conversation.

And that allows them to keep doing what they're doing. Do you think that in their head they go, if we remove Armstrong, if we remove whoever else, is there. That, you know, that won't happen. We'll just keep, we're right. We'll just keep going this way and we'll be good because they've been not only your voice, but like a ton of voices, if they don't walk in a certain narrative, they get removed. And so now they get to be like, yep, we're right. This is exactly what's going to happen. And, and now they don't hear the other side of the tail. But the other side of the tail has its day. Like the other side of the, as you pointed out with the market crash. Yeah, it, I mean, they tried it with COVID,

balancing anybody that criticized it. And, I mean, I forget I had done one podcast, and I even, I wasn't really advocating anything other than I said, yeah, no, the problem was, you know, all the vaccines that caused a lot of civil unrest. And it was, you know, YouTube, you know, got all upset and had to make sure that that was taken down. And I wasn't even advocating anything. I was just stating a fact. But I used the word vaccine.

Oh, my God, you know. It's like it was blasphor me or something. I don't know. But, I mean, this is typical. If all governments will act like a cornered wild animal. And they will not reform. They will fight to the death, really. And this is what revolutions are about.

You know, they get indoctrinated with their own power. Just like, you know, any drug, it's just an addict, become an addict to it. and they only look at things from their perspective. And that's the problem. I mean, so we end up what the computer is forecasting is historically always the outcome. It's nothing new. They will fight to the end.

I mean, look, I mean, Carney was, you know, he ran a lot. against Trump. You know, that's basically what, you know, he didn't address all the domestic issues or things of that nature. It was, he was running against Donald Trump. You look at Europe. All they talk about is Putin, Putin, Putin. They don't deal with their own issues. I mean, NATO could have been shut down. The only purpose of NATO was to, defend against the Warsaw Pact. That all fell apart. So to keep their jobs, they have to keep staying the same nonsense as Khrushchev. Oh, Putin's going in, wants to take all of Europe. For what? Khrushchev, it was communism is better than capitalism. It was like an economic

religion. All right. Putin's been there for 26 years. He hasn't made any such moves. And he's not a communist and he's not an oligarch. And Europe has nothing

worthwhile conquering. They have to buy their energy from Russia. They don't have gold, you know, deposits and stuff like this. At least, like, when you look at Asia,

Why did Japan invade Manchuria? Because it was profitable. All right. They had to buy their energy from the United States. They had no natural resources. So they invaded Manchuria to get that. You know, just look at war throughout the centuries. I mean, Alexander the Great conquered all these different countries

because it was profitable. the soldiers participated in the spoils. You think he could have said, you know, let's go invade this country. You're not going to get anything because there's no value, but I just want to do it. They wouldn't have followed. Simple as that, you know. But this is, you know, governments, this is, you know, why governments fail. because honestly

if that statement was wrong we would still be speaking Babylonian you know there isn't a government that has survived period the one that lasted

the most was the Roman Empire and that at least did so because they were not involved in all this socialistic nonsense you know when they conquered a country, they allowed it to keep its culture, its gods, whatever. It didn't say you have to now do ours. So, I mean, as long as it was a common market, it was beneficial to be part of Rome rather than to be outside.

You can make vases in Gaul or France and sell them to somebody in Syria. You couldn't do that if you were outside. So it was free trade that basically had no income tax or anything of that nature. The maximum tax was about 7%. That's why people stayed. That's why Rome lasted for a thousand years. You know, it's the income tax is a Marxist dream because they've always wanted to, they hate people to have more than they do. And that's even in the Ten Commandment.

Thou shalt not covet thy neighbor's goods. Why? Because this has been a human fault for a long time. Sparta was a communist state. They never even issued coins because they want anybody to have any material wealth. They invaded and destroyed Athens in 404 BC. So, I mean, you know, the fact that that's in the Ten Commandment shows that this has been around for a very long time.

It's not something new. When you, you know, this 2032 date, and I've probably said this every time you come on, every time that year comes up. That was the first time I, you know,

in 2020, it was the first time I heard you say 2032, and I'm like, 2032, what is he talking about, you know? And as we march closer to it, you know,

we're seven years away, or I guess less than seven years away now. What do you see in the next seven years? You know, And if I could just add into that, you know, like Putin is, you know, barring health or something crazy like, I don't know, an assassination, he's going to be still in power. You got Trump who's got a few more years left.

You got Carney who, you know, unless they find a way to call an early election, he's going to be around until 2029. You know, I'm sure you could walk through every world leader. So I just look at Putin in the way he's been positioning himself. And it kind of, you know, my, my, the visualization I have of it is Muhammad Ali on the ropes. He's just, you know, he's just tiring the opposing force out as they try and drill them and try and get him to react.

But you slowly close in on 2032. At some point, I assume he does react or the West goes into full out war. But maybe what do you see in the lead up to 2032? Well, I think Putin is a, smartest guy in the ring. I mean, he's clearly the smartest head of state that's out there. And he understands the game. They have written, he's put down so many different red lines. Oh, if you send, you know, missiles to give missiles to Ukraine and they attack inside of Russia, that's going to be it. They do. He doesn't do anything. He's, they, they,

have deliberately crossed every single red line he's put down. Why? Because they need him to attack anything in NATO so they can claim he's the, see, he's the aggressor. Then they can draft, oh, see, we're the guys with the white hats. Go, you know, you have to go die for us. You know, I have friends that are Vietnam vets, and now they see the truth. you know, that the tapes have come out. Johnson knew it was a lie. We were never attacked. They just made up the Tonkin Golf stuff.

He even said, you know, for all I know, they were shooting at Wales that night. You have John, you know, McNamara, who was the Neo-Con, Secretary of State, took us into Vietnam. You can see his apology on YouTube. he said, you know, very sorry before he died. You know, we were wrong. We thought Russia was involved. It was just a civil war. Well, 58,000 Americans died and how many millions of other people?

You know, I have friends who have been in Vietnam, and now they're pissed off as hell because they were lied to as to what they were actually there doing. And that's why I recommend this. book, War is Iraq. Because it's always a lie. You know, weapons of mass destruction never existed. Germany had put out an ad in New York newspapers. Do not sail in the Lusitania. They're using it for, you know, to covert weapons. Oh, absolutely no way. We wouldn't do that. We wouldn't use, you know, private citizens as a shield. They sunk the boat. They used that for World War I.

And then in 1987, you can look up an archaeological magazine. They discovered where it was. And then suddenly the government comes out, oh, be careful. There's army initiative in the hall. I mean, they lie about everything. They've never have told the truth about one single war yet. Just the way it is. Excuse me.

I use. I use the Lusitania all the time, because after you told me that story probably, you know, what was that, a year or two ago, I find that story really interesting because, I mean, you can, I mean, there's articles written on it as late as 2013 is the one I'm thinking of, but I'm sure there's more where they talk about sending divers down and they can see the armaments and you can, and you can just see it how you can go back and look at the newspaper clippings and be like, like, holy crap, right? And so like nobody, well, I shouldn't say nobody's alive. There's probably a few people that are still alive. But for most of us, that's before our time. There's no emotional connection to that other than we've learned about World War I. And so when I, when I share that story, I'm like, they're right there. Okay. The great United States who would never lie to you or have your best interest at heart pulled you into a war off of doing something. it sacrificed American lives so that they could then get the emotional response from the U.S.

public that they were looking for so they could justify going to war. When you fast forward to today, are we getting smarter or are we not? You know, because you go like they are pushing as hard as they can for war with Russia. You know, like it's got to insane levels, you know, just a, what was that, 10 days ago, roughly. they hit Russia deep within Russia and they're looking for the response back, I assume, of what Putin's going to do. And you go, well, why would they do that? Well, they want war with Russia and they need something to justify it to not only the American people, the Canadian people, the people of Britain, the people of Germany and France and all the different places. And right now, they can paint this big big boogeyman of Putin, but no.

Nobody wants war, or at least that's the sense I get. What do you see? The elite won it. The average person, no, we get nothing out of it. I mean, I can tell you that NATO has already told Canada to boost its military spending. And they will impose drafts in Canada for this. This is what's coming. That's why they wanted Carney.

The EU was, you know, interferes. in the Romanian elections twice. Why? Because Romania, they were building the biggest NATO base in all of Europe to attack Russia. I mean, look, you can go on Wikipedia, you know, look at Google up Project Northwoods. You know, and there was a proposal which has been declassified. they proposed killing Americans, blaming it on Cuba, to justify an invasion. And Kennedy refused and shut it down.

That's one of the reasons he wanted to shut the CIA down. And lo and behold, the CIA ends up taking him out. You know, I mean, there's documents. I put it on there, one CIA guy, a document that finally just came out, you know, thanks to The CIA guy told his friends that a group of CIA agents killed Kennedy, and he was afraid for his life. He was then shot to death in Washington a few weeks later. Look, these are nasty people. They only see their side of the coin.

That's it. And anybody that opposes them is just, you know, a traitor. whatever, you know, it's, um, my concern is that they would create a false flag. Just like this project Northwoods tried to justify a Cuban, you know, invasion, killing Americans and blaming on somebody else. Um, this is how they create these wars. Weapons and mass destruction never existed. You know, and I'm concerned that Putin understands what's going on.

That's why he will not attack NATO. He will respond, yes, but against Ukraine. Okay. It's, look, it's, they just want. War with Russia. Simple as that. You have these neocons. I've been to dinner with some of them.

I can tell you that it was Bill Crystal's father that created the movement. And a new bill, I argued with him. He even spoke at one of our conferences. And I argued with him back in the 90s. He said, if we take out Saddam Hussein, Assad out of Syria, and Gaddafi will bring peace to the middle of the war. East. Total bullshit. I said, you've obviously never been there.

They don't see themselves as Syrian Iraqis or they see themselves as Shiite versus Sunni versus Kurd. You know, this is it. You know, it's just, I don't know. I really think that they were psychologically damaged in the 50s having the hide underneath their desks pouring air drills or something. But, you know, as I've said before, I was in Washington when Gorbachev made his speech and Reagan wanted to go meet him. And they told Reagan, they couldn't say he was a communist anymore.

So they said, well, you can never trust the Russian. So it was like, they just need an enemy. All right, fine. They were communists before. Well, all right, they're not communist, but they're just Russian now. So what's the issue? At least Gorbachev was trying to take, you know, communism and eradicate capitalism. I understand that.

That's not the question today. You go to China, you go to Russia, Eastern Europe. Nobody wants to go back to communism. You know, even, you know, China. You know, it's, yes, they kept their name of Communist Party. Are they communists? Of course not. But if they change the name of the party,

they then have to admit that Mao was wrong and take his picture off the forbidden wall, you know, or the forbidden city, you know. But it's, so that's Asian culture. You know, so you're not communist. There's, everybody has private ownership, whatever. and they're not going to ever be able to go back. Same thing in Russia.

Same thing in Eastern Europe. There's no shot of going back to communism. And it's, we now have to deal with communism light version, which is socialism, which is the same bullshit. Oh, equality, really. You're trying to change human nature. nature. They don't like the fact that somebody makes more money than they do. Well, you know, Henry Ford invented the assembly line. And instead of saying, how many jobs has he created? They basically just say, yeah, excuse me, how much money has he made? You know, he created a whole

industry. That's irrelevant. Oh, he made money. That's bad. This is what these people are. They're just, they're, they can't stand that somebody else has more than they have. And that's what the Ten Commandments was about. I'll shout not cover my neighbor's goods and they have been doing this forever. When you, you brought up a military draft that that's coming. Like it's a foregone conclusion. I might bring goes right now

Maybe I'm wrong about cannabis I'm like it would have to be something serious To implement a military draft where people go along with that Or do you just think they implemented And then you have a lot of civil unrest Over that idea These people tend to think They believe their own bullshit

They think I write a law And they will have to comply. This is the way they actually look at it. They don't look at practical things. And it was a very interesting speech. I put it on, it's on my site. That one of the, at the Nornberg trials, they asked the, you know, on the top German How did you get the German people to go to war, etc? And they says, oh, that's easy. You just tell them they're going to be attacked.

And anybody that's against it, you call them, you know, basically traitors. And this is standard, you know, you're seeing it with COVID. Anybody that was against COVID? Oh, they're dangerous, they're this or that. I mean, you know, they demonize them. This is what they will do and this is what Germany did and this is what every country does. So is our time different in the sense, you know, like one of the things I admire which is your knowledge of history. Where we sit right now, the trust in our media has got to be at all.

time laws. Yeah, it is. So them, them, them demonizing, you know, like I think of Alberta and the conversation around independence right now. They're, they're coming out with the same trader, this, that, everything else. And I don't know, there's a growing, I don't know what the number is, but there's a growing portion of the population in Alberta specifically. It just doesn't give a crap of what they say, we are. They just don't care. It's like, I don't care what you call it. And if you Your polls are close to 60% in favor of leaving Canada. I'll tell you how to be the star in the world. You separate.

Don't join the United States. And the reason I say that if you separate, become your own independent nation, not, you know, sovereign within Canada like Quebec, separate. You eliminate income tax. All right, you put a flat 15% corporate tax, period, and a retail sales tax. That's it. You do that. You will find your houses are going to go up.

Everybody's going to want to move there. Companies will develop there. Employment will skyrocket. Why? Look, as you know, I restructured multinational companies. Got to meet Margaret Thatcher, and I was putting like auto manufacturers and anybody needs skilled labor in Britain. And she asked me, why am I, was I doing that?

I said because if I paid the exact same wage to somebody in Germany as I do in Britain, the regulations on top of that that the company must pay is 40% higher in Germany versus Britain. She wasn't aware of that. All right. I go called him, one of the top German companies over there at the time. and they said, you know, we need you here at our board meeting first thing in the morning. I said, what's up? Oh, you'll find out when you get here. I get there. They appoint our firm, advisor to the pension fund, and everybody's resigning. I said, what the hell is going on here? You know, and they had asked the government to reduce their workforce by 20%. Government approved.

Then at the last minute, oh, equality came in. You can't, it's not fair for you to pick and choose. You have to make the offer, I think it was $150,000, to voluntarily give up your job. So what happens? The people that knew they could get a job across the street, took $150,000 and left. The people that couldn't get a job someplace else,

the very ones that they wanted to get rid of, stayed. All right, and I told this story to a board member of the IMF. And they said to me, you know, You're absolutely right. We found the same thing in Greece took place. I said, it's human nature. You cannot change human nature with these socialistic ideas of equality. We're not all equal.

We're equal in rights only, not in talent. You don't want me to be a brain surgeon. Look, this is just the way it is. know, you don't, you know, get in a cab and the guy looks like nice, gee, you know, you're free tomorrow. I need some teeth pulled out, you know. Well, you could do that. I don't think the experience would be that game. It would probably make a good TV show, you know.

But, I mean, it's just we're all different. We have different talent. So, I mean, but that's what communism refused to, they tried to reduce everybody. to the same drone status. And socialism does the same thing. All right. And all you hear about it,

oh, equality, equality. It's not fair. He's got more than I have. It's not everybody wants to work so much. Some people will workaholics like me and other ones like at least you can possibly do, you do. that's human nature you cannot go against that

these people in government they think they can they have the pen to make a law and if you don't do what I tell you to do I'm going to put your ass in jail that's fine for an individual when you get a society moving up That report I just put out was inspired by Alberta.

It's on our site for, I think, 1995. How to separate. I went through all the separations of government throughout history. I was surprised when I did the research, and that's the way you should do research. You don't start with a presumption. separation takes place. Most average was less than 15% of the people.

The majority ends up just going with the flow. And, you know, I had launched with probably 30 years ago in Vancouver. I mean, Mike Campbell was there, but his brother Gordon. And I think Gordon at the time was the mayor of Vancouver or something. I forget. Then he went off and became, you know, the ambassador for, you know, Canada and London. And I forget what it was. But there was some sort of protest, and they were in front of his house

and making a real ruckus, and the TV cameras were there. and he said to me, Martin, he said, you know, because we were talking about politics. And he said, you know, the minority always gets what they want. Because they are the ones that make a real ruckus. The TV cameras come out and show them. And then you're forced to basically respond to that. He says, the vast majority of people never get off their ass.

And he was right. And he told me that at a breakfast meeting, I think it was. It must have been 30, 40 years ago. And what I have seen ever since with different governments and with this report, you know, it confirmed it. I mean, I was shocked. I went through all the various different revolutions. And they were always with a minority. The biggest minority I ever saw was fine.

Finally, towards the end of the American Revolution, up to 40% wanted revolution. Still not the majority. You see, the same thing in France. The vast, I would say, most common was less than 15%. If you had less than 15% of the population, or 15% or less, I mean, that wanted something or I guess separation or like to get out of what they were in that's when it happens yeah it's uh so when you're already at least at 40% well I mean the last poll I saw was like 30 some percent wanted it and then there was like an additional you know am I spacing on my numbers here

was it 10% was it 20% were kind of like yeah you know kind of like so hum so when you hit 30 some percent are like we want this you're in your world of the report you've done of all the research you go oh it's going to happen yeah it's simple as that it's uh look uh what i said at your conference was that uh when they created the federal reserve in 1913 and 13 branches and they were all independent and the main thing was about they understood regional capital flows. Like 1906, there's San Francisco earthquake, but the insurance companies

are in the East Coast, or the money moves from the East to the West, and then there's a shortage of cash in the East, so banks fail, etc. So they created the Fed with 13 branches, and they were all independent. What happened? All right.

FDR comes in, once the greatest new deal, his socialistic idea, you know, agenda, he usurps all the power, sticks it in Washington. And so why do we still have 13 branches? Irrelevant anymore. The interest rate is set by Washington. That's it. Now, Canada followed that model. So in the 80s, when you had a big real estate boom in Toronto, they're raising interest rates to absurd levels, and you're putting farmers and miners in bankruptcy in Alberta. there are regional differences and one size does not fit all.

Simple as that. And, you know, you have lost basically, they have no, you know, Frudeau had no respect for Alberta whatsoever. You know, his agenda was coming from Klaus Schwab out of the WEF, and I know Clough. Okay. And Klaus was basically an academic.

That's it. And it's always the academics. Oh, it wouldn't the world be nice if we were all equal? It's all this bullshit again. And so Trudeau bought into that. And

there's always a backdrop somebody's going to benefit. Who paid for Greta to fly to to Alberta to say, yes, cut off all the energy to render your jobs and go in welfare. Who paid for that? All right. How's a 16-year-old girl become an expert in this bullshit anyhow?

And all you have to do is just look at history and you can see that climate change is BS. We've always had booms. rising temperatures, falling ice ages, warming periods, long before there were fossil fuels. It's a natural cycle of the Earth, period. You have the current already shifting in the Atlantic, and you're heading more towards colder periods. It's the warm water that in the Atlantic, the current that takes it up north, that keeps Europe even warm. I mean, just look at the map. Where does Rome sit? About very close to where New York is.

Most of Europe is like where Edmonton is, it's way up north. Yet they're palm trees you'll see on the Scottish coast. Because the water is warm. And that circulation is shifting and they know it has shifted before. The warm water doesn't go up there. You're heading into a very, very cold period for Europe. Crops will not, will not grow. There'll be shortages of food. This is part of the natural cycle.

If you just sit back and look at actual history and not forget the bullshit. But once again, when you bring in climate, they've done the same thing there. Anyone who talks out against it. They remove them because they, you know, I was watching a documentary on, on, uh, Coupone and about prohibition. And when it came in, his eyes lit up. And, and I'm, you know, you probably know the story better than I do. Because I've always been fascinated why the government thought getting rid of all alcohol was going to, was going to work. Right. And then, of course, you get bootlegging because they see a huge need. What do the population want? They wanted access to,

alcohol symbol as that so what did what did entrepreneurs although maybe of the criminal sort do they found a way to give the people what they want it and when you look at climate change or you look at different things you just see people if you follow the money and what they're doing like you can actually start to see well they they're creating a crisis or they're creating this this movement and then they're profiteering off of it and I was watching the thing on Capone and I was like yeah it's never made sense to me like I get the idea of like cutting out all alcohol, but I think it's just a terrible idea because, you know, people want it.

So what are they going to do? They're going to find ways to get it. So Capone walks in and he's got his background in the mafia and they find a way to give it to him, you know? And so then, you know, like, I don't know, your thoughts, Martin? It was the prohibition that created the mafia. There was very little mafia organizations before then. That's what made them profitable. drugs. I mean, all this stuff. I mean, you can outlaw it. There's somebody always going to do more drugs than they should have and died of an overdose. It's just the way it is. You know, you cannot regulate human nature. You just can't. And I mean, some people are always going to

you know, go, you know, when we were kids, you know, back of my day, you smoked because it meant, oh, others are smoking, so that shows I'm grown up, you know, and it had nothing to do. Did you want to, was it something you really wanted to do? No. Pure pressure, whatever. But, you know, it's, you know, the whole thing, you know, it's always about government and what you you do is you, when you outlaw something, you create a black market. It's always going to be that way. You know, you eliminate the paper currency, you go to digital currencies. There's going to be a black market. Always will be. They just assume that by doing digital currency, the black market won't be that big?

They've looked. The way they look at it, and I have argued face to face with some of these people in government about it, but they have these deficits, perpetual. They don't blame themselves. They blame us. Oh, it's because people are paying them what they should. So if they eliminate paper money, all right. and go to digital, they think they'll eliminate crime.

And everybody will have to pay the taxes. We can just take it out of their account. This is what's coming. This is why they want it. It's the next stage in their desperate authoritarian maneuvers to retain power. And it's not going to work. once they start doing stuff like that and Europe is the one moving for it

the Fed came out and said they can't and Trump said no because really they didn't give an explanation but constitutionally they cannot if the Fed created a central bank digital currency it would need a search warrant to look at your account so it can't do that. So you have the private banks trying to create things.

That's fine. Okay. It's kind of like the COVID model. All right. The Constitution First Amendment says the government shall not restrict free speech. Fine. They didn't do it. They picked up the phone called YouTube and said, hey, got that guy off.

I didn't do it. YouTube did. This is the way that governments function. All right. It's like we're in a proxy war with Russia. Oh, well, we're not. It's Ukraine. Really?

But we're giving the weapons of Ukraine to do it. You know, I mean, I've published on our site. I mean, Boris Johnson actually came out, and it's on the front page of the Nordic news. We're in a proxy war with Russia. He's admitted that Britain is in war with Russia, publicly. I mean, you know, we're not talking about conspiracy theories or my opinion versus somebody else's. This is reality.

So I say, you know, Putin understands what the risk is. Trump, I think, has been naive. If I'm Putin, there's no way I'm agreeing to any kind of a peace deal. Why? Because Europe is stabbing Trump in the back. They don't want peace. They want war. They're already admitting they're at war.

And you had merch out there. I can tell you that I have one politician that was in meetings in Brussels and called me and said, why is Germany the number one push for war? I said because they're also the one that's failing. All right. I had another source attended the Vienna Peace Conference a couple of months ago. Same thing. Calls me and says, hey, this is no longer about peace.

This is all about war. Preparing to draft people, et cetera, et cetera, et cetera. They want war. If I'm Putin, I'm looking at all this, what I know versus I'm sure he knows more. Would I agree to peace? Absolutely no way. Why does failing, failing countries equal war? Because once they're, the way we're in this Ponzi scheme of debt, and this is the real core problem.

you have government since basically Keynes approved a deficit and they just do it all the time they keep borrowing year after year after year with no intention of paying anything back this is you know you the interest expenditures this year in the U.S. are trillion dollars U.S. national debt hit one trillion in 1980 under Reagan now we're talking about just interest expenditures. I mean, the interest will crowd out everything else. It just multiplies, all right? It's like cockroaches.

You got one, you're going to have 100 pretty soon. It will crowd out all other spending. It's already increased more than, military. So it's not sustainable. Europe is a basket case. So the choice from their perspective, we either have war or the default comes when you can no longer sell the debt. All right. In the United States, the Treasury was not selling the debt directly. It had primary dealer. So to be a primary dealer, you had to guarantee to buy a certain amount of U.S. debt. So the new issue would come out, the banks would buy it, and then the banks would resell it.

Okay. You are now reaching the point that you're beyond the capacity of the banks to even buy the new debt. It's more than their capitalization. The system is coming to an end. all right and it comes crashing down when you can no longer issue new debt to pay off the old when you can't sell the new debt that's it you can't pay off the old it comes crashing down you have laws in there that are self-destructive all right on average at least 70% of all the pension funds in Europe must have government

debt, even though it went negative. So Social Security, 100% U.S. government debt. You default on the debt, there goes Social Security. It's so interconnected that they need war as the diversion to keep the game going.

So they think. But if they don't have war and they defamation, fault the people are going to be storming the parliaments in europe with pitchforks that's what will happen and this is not you know i'm just telling you what history does all the time it's not an opinion it's not you know conspiracy theory or any other bullshit it's straight up this is what history shows us and has a roadmap to the future so suppose that i was wondering

You know, you talk draft, well, you know, coming here in the years to come. You've mentioned military drafts, CBDCs, censorship, which obviously all of us can see. When you look at drafts through different countries when they've implemented them, has it been universal that, you know, like most people are accepting of the draft and they carry on? Or is it a pretty controversial thing to do? It's controversial, but I mean, the majority just simply, I mean, in the Vietnam days, people showed up. They were believing the bullshit. Oh, if you're not, you're not a patriot, all this stuff.

I can tell you, we have staff in Germany. They've already told me that people that are already part of the reserve have been called up to report at 60 years old. at 60 at 60 the draft age is universally in Europe being up to 60 years old

because they don't have the people birth rates have declined Japan's got problems back there the same thing even China has raised the draft age look you know

I've tried screaming from the top of the roofs, you know, if we don't change these people, um, this is where we're going. I mean, I've tried to defeat my own computer all the time. I always lose. It doesn't work?

I lose. It wins. Um, the movie they're doing on me, uh, one of the questions was, how does it feel to live through your own forecast? I said, not so great,

you know, um, Look, I've done my best to try to defeat my own forecast, but I lose all the time. When you go back to Vietnam in the draft and you're like most people go on, the things that are popularized, I feel like, whether it's in Hollywood or just in general media, is how many people didn't want to go and how many people pushed on it. and the protests and everything else. Is that all BS then? Or was that certainly there? It just wasn't as much as, you know,

you talk about minorities and how they can move things. Was that just a minority of the population that voiced their... No, it was a minority, but they were growing. And inside sources from what I have been told. Richard Nixon was elected, I think, with one of the largest popular votes in history. Why?

Because he was also said he was taking us the hell out of Vietnam. So what did they do? You have Watergate. The guys that magically get caught, oh, oh, X-CIA, how about that? I think a couple guys from the local hood could have a ton of better job. Oh, you got me.

Sorry about that. Oh, yes. Well, he told me to. do it. They basically set Nixon up. There was also a tape that he had the head of the CIA in his office.

And he said, all he said was, I know who killed JFK. Now you're talking to the CIA, which we now know did kill JFK. All right. So they couldn't assassinate him. So they set up Watergate and did everything to get him the hell out of power. And I actually bumped in to Nixon on the beach after he was president.

And I was surprised. Apparently he wrote his memoirs on the beach in Long Beach Island. and I had a house there. He was maybe about 10 houses from me or something like that. I was walking the beach, and there he is. What shocked me was he wasn't surrounded by Secret Service. I was like, huh? You know, I've dealt with politicians, and he wasn't surrounded.

And said, you know, hi, how you doing? You know, just being polite. And I googled it. When he left office, then you can check this out. He refused to accept protection from the Secret Service. Why? You know, you don't find any explanation, but, you know, just look at Trump. You know, he was denied sniper protection, et cetera, except suddenly they showed up.

that day in Pennsylvania. The guy shoots Trump, he missed, and then they shoot him in the head. Same as Oswald. Kill the guy. Can't be a trial. He's not going to say, well, I was told to do this because of him.

It's always the same MO. But it always surprised me. Nixon had said to the head of the CIA, I know who killed JFK. Nixon also wanted to shut down the CIA for the same reasons Kennedy did. And suddenly you can end up with BorderDade. He's drummed out of the office

and refuses to accept those, you know, security. Excuse me. and always I always wondered, okay, fine. He never came out and said, why? That I know of. But a former president of the United States

refusing to accept protection from the Secret Service after saying he knew that the CIA basically killed Kennedy. I think it's a very interesting little did that. Well, you as a man who've come face to face with the machine of the United States of America, would you accept protective detail from the same machine that put you there? Absolutely no way. And that's why when Trump was charged in New York, I put out a post, I said, now he's going to see what New York's like. When Jeffrey Epstein,

where he was put into his cell and you can look it up. I put in, I said, okay, the question is, does he commit suicide before the plea or after? They never will allow somebody like that to testify. He goes to trial with, you know, look, Epstein was not some pedophile.

Pedophile was like somebody going after a six-year-old or whatever. everybody that he brought into this wasn't like somebody some friends from the local pub. You talk about Bill Clinton, you know, Prince. I mean, they're all people that could be blackmailed for objectives. Well, you know, look, I've said it before, years ago, dealing with, with, in New York or Wall Street, I was warned be careful

they will always try to use a good-looking girl to get into you anytime some good-looking girl would come up and go yeah what do you want you know kind of like hold up the it's just

it's the M-O they used Elliot Spritzer to take out Hank Greenberg who was the head of AIG because he objected to the mortgage-backed securities. He wouldn't insure them. So they feed all this stuff to the prosecutor,

Elliot Spritzer, says, all right, fine, I'll drop the charges against AIG, but he has to resign. So he resigned. Britzer was being fed the information. Now he thinks, oh, I'm powerful. Now I'll go after Wall Street. What happened?

All of a sudden, oh, here's checked. Surface. He was paying hookers. End up having to resign. Come on. I mean, it's always the same MO. It's always the same thing. Nothing different.

I mean, Elliot Spritzer, you know, was set up. Epstein, the real, question of Epstein. I mean, you just look at what, you know, I really lost a lot of respect for Elon Musk. It came out with his tweet, which he then, you know, deleted. Oh, the reason they didn't release the Epstein files is because Trump was in it. Really? The Democrats had these files.

They would have brought that out against Trump in a blink of an eye. Everybody that I know, Trump was not in their dance. files. What's in the files and what's the problem? The real problem is who was Epstein working for? The two rumors are one is CIA. The other one is Massad. Who? But all these people, they're all high-level people who could be bribed to do a favor. You release that list. People think, oh, they're all fed of, no, sorry, you're barking up the wrong tree. You released that list and you may then expose other things. What did you do?

What was the blackmail you did? And then the real question is, who was Epstein working for? That's the real question. Who was he doing this for? you look at I think the prosecutor's name was Costa or something the first case against him in Florida

the prosecutor dropped the charges he gets some call and says he's connected to intelligence he drops the case I mean look they don't do this

I mean if he was doing this for personal gratification you don't bring in all these high-level people. Maybe you bring in some guys from a local pub, hey, you want to, you know, we can have some fun or whatever. You don't bring in the president Bill Clinton. You don't bring in, you know, Prince Andrew and all the way down the list. I think one of the girls even said that Epstein told her that Clinton owes him. For what? But this is the way the world really works. It's always what can I get out of it?

You know, I think personally, even Bill Gates, I would suspect, you know, that his involvement was for the same thing. Can you get some dirt on certain people so they do what I want them to do? That's what I think. But look, that's a game that I was warned about, you know, 30 years ago. Be careful. Well, I mean, there's proverbs about women in general. And I would allude to that beautiful women.

So I think it goes back a lot longer than just the last 30 years. Like this has been something through history that, you know, it isn't the first time people have been blackmailed into doing things for them. It's just in our lifetime, it's on such an epic level, at least, you know, to know that presidents of the United States and different parts of the monarchy and on and on it goes, you know, like, what's up? You know, when you look at the next, you know, seven years roughly as we march closer and closer to 2032, you know, I brought this up with Tom Luongo probably a year or two ago, you know, what's the average person

supposed to do with this information of CBDCs, draft, censorship, you know, those are, those are dark. days ahead. What are they supposed to do to insulate themselves from from what's coming? Well, the big problem I think we have is that I think the climate will turn colder. You're getting rice shortages in Japan. The colder climate, if the current does shift, that traditionally reduces the crop. Then you have war on top of this. When you go in the war, you get shortages of food. You know, World War II, I mean, they had, oh, you know,

they're encouraging people to plant their own victory garden in their backyard. I honestly suggest that you have at least a couple years worth of food that's, you know, survivable, I mean, pasta or something, you know, that will last. And look, I think that's basically what you're really kind of looking at. Make sure that, I mean, I personally like the old silver coins. Because somebody can look at the date and they at least know what, okay, anything before 65 is okay. I mean, there are videos of people being offered a chocolate bar and the bar is silver and they take the chocolate. Not everybody's going to know the difference between a silver bar and one is nickel.

But, you know, an old Canadian quarter or American quarter, they can look at the date. Yeah, okay, fine. I know that one's good. I think that is what you would use more for everyday-type transactions. Usually you'll see a community will, you know, somebody's a tailor, somebody's a baker, somebody's this, and everybody kind of cooperates together. That's Adam Smith's Invisible Hand. Even in prisons, you have the same thing. You have a black market economy that emerges.

And the money used to be packs of cigarettes. Then it became packs of mackerel, fish, when they outlawed the cigarettes. But this is human nature. I mean, know your neighbors, because I think, you know, that would be a little community where everybody helps us, you know, each other out is good. But how do you pay for that? I think it's going to be small change in silver. Gold, I think, is more for the large transactions throughout history.

I mean, even you look at, you know, Florence. I mean, they had, you know, the floren, which was a gold coin. All right, that was for international trade. Then they have had the silver coin. Your wages were paid in silver. Gold was for the international transaction. They've always had a two-tier type system. You know, the King Croesus in 700, you know, B.C.

Refined this, the Electrum, which was a natural mixture of gold and silver, and created the first, you know, bimetal, you know, monetary system, gold and silver. silver was for the small transaction gold was for the major transaction I mean this has been it's a route history it's not something new certainly not my opinion or anything else it's just you know a fact of life you know getting a ride around with you Martin for a few days one of the things that I wrote down is you said roughly don't judge someone with the way you think but on the way they think That was the story you told me.

And, well, there was a story associated with that thought process. When you look at the West and NATO and how they're handling Russia, you can kind of see everything we've talked about today. When you're trying to think on the way Putin thinks, he can't attack anything NATO because he knows what that will do. So, you know, will there be repercussions for hitting deep into Russia? to basically summarize what you said, yes, but it's going to be in Ukraine. Right. If you're trying to put yourself in the shoes of Putin and how he's looking at the world, what is he waiting for or what is he looking at?

Is it the dismalvement of NATO? Like, can NATO keep going the way it's going? Can it go a lot longer than I think? Or what is he waiting for? Like, when you're trying to put yourself in his shoes? He knows the big one's coming. He has effectively doubled his military capacity. That's what he's done.

He's increased his military. I think he's around 1.3 to 1.5 million now. He didn't have that many people in the military before. He knows what's coming. and on a conventional level, he is already probably two, it may be even three times that of Europe. So he knows what's coming. He's preparing that way. And when you say the big one is coming, you mean World War III.

Yeah. They, Europe cannot possibly survive without. war. What will happen is it will break up. I mean, I do podcasts from Netherlands to Palermo, Serbia, Croatia, pretty much everywhere throughout Europe. And even three years ago, they would say, you really think the EU is going to break up? Now, when I do these podcasts over there, I like to do them because it's the questions I like to listen to.

And the questions now is no longer if, when. When do you think it's going to break? I hear the same frustrations from Italy, from Serbia, from Croatia, everywhere you go. It's Netherlands. I mean, they were, I was asked the question, what would you tell our youth? that the guy was at a convention and the youth want to get out.

And I said, leave, get the hell out of there. Otherwise, you're going to be drafted. So if you were talking specifically to Albertans, and I'll extend that to Western Canadians, because I know there's talks in Saskatchewan, there's probably talks going on in Mantoba, there's probably talks going on in BC. There's probably talks going on all over the place.

Obviously, it's very heated here in Alberta. specifically. But if you were talking to Alberts, would I be correct in summarizing that if you don't want to get to where we have drafts and are going to war that you don't want to go to, the easiest way to avoid that is to separate. Yeah. That may be the final withdrawal the causes it. Look, Carney is a European elite. Simple as that. You know, he was part of the Edinburgh Zero, you know, climate change nonsense. I cannot see, oh, okay, fine, I see the light. I was wrong.

I don't see that happening. You know, he's going to still try to impose restrictions one way or another on Alberta. From Trump's perspective, he looks at Canada from being a, likewise, a natural resource-oriented economy. He's looking at it from the standpoint that Europe is really an enemy, and so is China. So U.S. and Canada joining to him makes geopolitical sense as well as economic sense. If missiles were going to be, nukes were going to be fired from Russia to the United States, they're going to come over the top of the globe and over Canada. You don't go around the belly.

That's too long. you come across the top. That's why he's talking about Greenland. It was all top secret, but when I got into computers back then, it was in the 60s. That's what I kind of quit and went to trading because all the married guys were being offered,

you know, London, Hawaii, Paris. I wasn't married, so I was being offered. I heard Tully Greenland, which was all top secret back then, Guamber, Vietnam. And I didn't want to do it. Tully Greenland back then was prop planes. And they couldn't get planes in all the time. So they would just drop you off and you had to stay there a year and a day.

And I did meet a guy that he did two terms there. And I said, what did you do? He said nothing. I watched the same movie 40 or 50 times. I played cards and darts. That was about it. They needed you there in case something happened. Okay.

That if NORAD went down, which protected, you know, North America over the top of the globe, then somebody had to be there to make sure the systems were up. So that's why he was interested in Greenland. geopolitical reasons, NORAD is there, Tully Greenland, everybody now knows that there's a base there. But back then, it was all top secret. I was even allowed to talk about it. But that's where NORAD is. A big computer installation that watches the top of the globe.

I don't know if you've eased any of my fears today. You've probably just stacked on a whole bunch. Not that I'm, you know, it's funny. I'm not overly stressed about it because at times I'm like, I'm just one little minion. I don't know how much I can do. I just think, you know, like as we inch closer to 2032, once upon a time, I was thinking like, that's 12 years away. Who's looking 12 years away?

And I've shared this lots, you know, as I probably mature as a husband and a father and then as a podcast host, you know, 12 years doesn't seem like much. Well, now we're seven years. We're less than seven years from 2032. And you go, like, that isn't that far. And when you, what's happened so far. That's right. Like you just, you look at all the things that have been coming down the pipe.

And I go, like, what is, what are you, like, what is the system? What is the computer models projecting for, for, you know, like, we don't have to go to 2032, but, you know, 2020, 2026, 2027, 2028. Like, what are the next three years? Like, what do you think people should be paying attention to? Well, 26 is where I think it all starts to really pick up on volatility next year. We're looking at sovereign default. This is where the real economic pressure is going to come into play on all government debt as of 26. And the risk of a world war probably comes into play by 27.

whether or not I seriously doubt the European Union will survive past 29 and as we move into 32 it's not that we're going to that's when we have to wait it's going to happen before then

so I see from probably um 27 or on. I mean, it's going to get, you know, if I think if you understand what is coming, you can survive it. It's better than getting into a position where, um, it's just going to be sucker punched. Oh, how to hell that happened? You know, I didn't notice that, you know, um, look, the system is collapsing because guys,

governments will not reform. You can go on YouTube. I laid out it's called the solution. You can Google that on YouTube. How to get out of this. Will they do it? No. I was basically always the one pushing for liberty.

Klaus Schwab was the one on the opposite side of the table. when he said you're going to own nothing and be happy. That's his version of communism. All right. That government, his great reset, he basically took from our 2032. All right. Look, we started our World Economic Conference in 1985. Mike Campbell came to that one.

He started his first Davos, 1987. Marcus Vedder did the movie on me, The Forecaster. He goes to get a movie on him called The Forum. A couple of years later. Whatever I've done, he always copies. And this has just been, when Nigel Farage came and spoke at our conference in Rome in 2019, he said, of course, I'm here. He's the alternative to Davos.

We've just been, he is an academic who always advocated more and more government control. So that if the government has more power, it can suppress us too stupid to understand what's good for us. Because only he knows better. And I'm on the opposite side saying history says you never get it right. I advocate more of following the model of the Roman Empire. It lasted a thousand years. How? All right.

Freedom. Freedom of religion. You know, no income tax. You know, like sanctions on Russia, it's stupid. You know, that's what creates war. You think the average Russian blames Putin? No, they understand.

Oh, this is the West. An old friend that I met, you know, we met in Tokyo probably 30 years ago. She's in Moscow. I still in touch with her periodically. And one of the

questions is she's not government or anything. She was a translator back then. And so I asked her, you know, how things going. And she responses, Why does everybody hate us so much? It's just an average Russian. You know, if your story, you've told me about you and Klaus Schwab and the forum and the forecaster,

like, you've told that story a lot. And when I look at that, it almost epitomizes the thought I've been having, which is, you know, okay, so you have the forum and you have the forecaster. Two different ways of looking at the world on the largest stage, right? I mean, like, I think Klaus Schwab has become. a household name by you know him basically talking about penetrating every government right and I think here in Canada people have seen that like I mean it's pretty self-evident and his way has been promoted pushed you know like championed almost and your way landed you in jail it's like

I mean literally they took you and boom you're in jail and they try and wipe you off you know And I keep seeing this trend of if you speak against where they want it to go, they silence you, whatever way they have to. Yeah, I mean, look, I was kept in civil contempt. The statute says maximum 18 months. I'm kept in civil contempt for seven years. They kept every 18 months, they'd roll it. Unfortunately, what our legal system is, you know, the Court of Appeals is just as corrupt as the district.

courts. I finally got to the Supreme Court. The Supreme Court ordered them, what the hell is going on? You know, and they ordered the government to explain why I was in contempt. To get out of that, I'm suddenly released. They go back to the Supreme Court and they said, oh, it's moot now. He's no longer there. So they don't have to answer. You know, this is the way they manipulate shit. When the forecaster came out, I was, you know, I did a tour with for Marcus throughout Europe. I think we were in Frankfurt. And after the film appears, then you, you know, you're on stage, you can do some questions and answers. And a woman stood up and she said, this is what's wrong with America, a legal system, you know, a German lawyer stands up. He says, what are you talking about?

We do this to people here all the time. This is the problem. When government is in charge of bringing criminal nonsense against anybody, all right? You can look at John Stuart Mills, he wrote, on liberty. And one of his quotes in there that's one of my favorite is we have yet to free ourselves from the stain of legal persecution. Again, this is human nature. It's been going on for a long time. They don't like what you say.

Put them on ice. Would you say then, though, the, the, I don't know if I'm going to say this right. but like so they silence people they don't like because they have their train of thought this is where it's going and human nature if you're going to contradict now get out of the way and so they have this power of the government to just silence people remove them from society and and you know the further you go you know you got assassination attempts you get people behind bars for you know civil contempt but what maybe they don't understand is it's almost inevitable what they're creating.

And that is that certain things are going to play out, especially the harder you push one way, the inevitability of almost foregone conclusions is there. Well, I can tell you, very interesting, they would never allow anybody into seeming. The New Yorker magazine, I think they published it in 2009. They did a 10-page article on it.

I never saw anybody get in. And I said, you know, they got in. I said, boy, you guys must have some real juice. And he told me, he says, we got in only by threatening Washington, D.C. He said, we can get in to see a terrorist. Why can we not get in to see Armstrong? Washington panicked. And they said, we're going to do a huge expose on Washington.

They then called the Bureau of Prisons and said, let them in. Marcus was always trying to get in to see me. They would never let him in. So when I finally got out, he said he wanted to do this movie. And I said, what are you going to do? Have you come over and film me brushing my teeth or something? I mean, I had no anticipation or desire to go back into the industry. So I said, all right, fine.

So I called a guy used to work for me that was in the, like, convention type affairs. And I said, look, this guy wants to shoot a movie. I guess maybe I'll just do a small conference. And he said to be, oh, Mar, you'll be lucky to get 25 people show up. He says, it's not like it used to be. I said, that's good enough, I guess, for him to film. So I said, all right, fine. I was out in September.

By December 3rd, we're doing this conference for Marcus. We had over 1,000 people show up, and we had to turn away about it. And I was shocked. And one old friend of mine actually from Vancouver came down. And I asked him. And I got the same response from everybody else. And this is what they didn't understand because it applied to Trump as well.

I asked them, why did you come? Because I was really surprised. And he said to me, I wanted to make sure it was really you. I said, boy, you guys, is this, look, the government could be putting out something and put Martin Armstrong on it. I had to make sure it was really you.

I said, boy, you guys don't really trust government at all, do you? And that's what they did to Trump. They thought, okay, fine, let's charge him, we'll do this, nobody will vote for them. What did it do? It showed that they were so damn corrupt, and that's why I got elected. It had the opposite effect. The same thing that happened to me. Before, I was just institutional.

All right. I wasn't retail. I wouldn't have been on something like this. All right. I'm in prison and actually to tell you the truth, what inspired me to write was basically, you know, the Canadian guy who had, what was this? Conrad Black.

Yeah, I forget what, newspaper was. But anyhow, they put him in Miami. And he started writing from prison. I said, you know, that's a good idea. So I said, I want to write. And this is what comes back. They judged me by themselves. They said, all right, fine, you can write, which is First Amendment. But they said, you can't make any money. I said, I don't care. So I wrote from prison. It ends up being some huge thing. And it's because they were trying to suppress me that it made retail audiences that I didn't have before.

So it had the opposite effect. Well, that's, you know, I probably say the word wrong of inevitable. But, you know, like, by them. silencing and removing part of the conversation, they think they're gonna get what they want. And in the short term, they might get what they want, but in the long term, they're gonna get something completely different.

Oh yeah. It's everybody now knows. They don't trust government like they used to. You know, they swore, oh, just credit Trump, and becomes president. You know, and it's, and tell you how corrupt,

um, look, I mean, it's, uh, James Comey, who was basically, you know, came out with the shells on the beach, you know, killing Trump, etc. You know,

oh, I didn't know what meant that, whatever. Who was the guy that was on my, case keeping me in prison indefinitely, James Comey. Same shit. Why? Because I refuse to put in $10 billion into a regime change to take over Russia. Why did Hillary start the whole Russia nonsense because she thought, okay, the U.S. tried to interfere in the Russian 2000 election. It backfired. They were blackmailing Yeltsin to step down and put in their puppet, Boris Beresnowski, who then magically kills himself supposedly. And his bodyguard said, no, he was killed by MI6.

He didn't commit suicide. Everybody commits suicide, you know? And so Yeltsin turned to Putin. That's how Putin got in. Because Putin wasn't a communist and he wasn't an oligarch. And Yeltsin was being attacked by those on the Clinton side and the U.S. and the bankers. And then from the communist side, the old, you know, they follow the motion for impeachment. to try and take Russia back to USSR.

He was getting attacked from both sides. So he turned to Putin, and his last words to him was protect Russia. Look, the female who was in charge of, she was the head of the Russian Democratic Party. She was assassinated. Her son, her son, happened to be working in our London office.

So then that drags me into this thing that, oh, she was a puppet of a Western financier who was supposed to be made. I mean, it's like, come on, how much, you know, bullshit are you people making up about me? I'm the one behind, you know, trying to manipulate Russia. It wasn't me, I'm sorry, you know. Just because her son worked for us, that didn't mean You know, I was advising her.

I didn't even know until she was assassinated. It's just, it's a quagmire of unbelievable shit that you, you know, look, this is why they're turning the forecaster now into a Hollywood movie. It's going to be like an action film, I guess, that's like, you know, the big short. It's just, it's, it's, it just goes off the charts. all the stuff that I've seen been in the middle of one way or another. Martin, how old are you today? 75. You're 75.

In your 75 years, what advice would you give to people? Don't trust government? Like, what is the simplest advice you have in your 75 years? Look, I've been dragged into this mainly because of currency. Like I said, my father took us to Europe when I was 13 for the summer. I learned about currency. We had across every border from, you know, changing currency all the time.

And you had to listen to the price of quintamilita, you know, and you had to then convert that in your minds or dollars or whatever. So when they, when Brenton Woods collapsed in 71, that the currencies first started trading a futures in 72. And I happened to have a friend who was a client, Walter Zengerly, and he was an executive VP at Franklin National Bank, the first bank that went down because of foreign exchange. It was Franklin National Bank was the bank that started MasterCard.

So it was a big deal. But they didn't teach this stuff in school, and they still don't. You know, they still teach Keenstein economics and all. this nonsense, which is all based on fixed exchange rate. So he said to me, says, look, you know this, you understand currency. Would you come take a look at this? I went and looked and I saw the bank lost a shitload of money on a 10% move in the Italian lira.

Bank fails in 74. But ever after that, any foreign exchange crisis I got called into. they're forming the G5, you know, I'm called into that. China goes into the Asian currency crisis 97. I'm the first one called into China to meet with the bank of China over there. When they're forming the euro, I'm called in. I mean, I've been in the middle of absolutely every single event, period. So I've had a front row seat.

You know, I mean, to a large, degree that's why they were also afraid of me. They thought I just knew too much. Or maybe they thought you were giving advice that was sound and they couldn't have that. Well, true. I mean, I refused to, they want me to put in $10 billion into this Hermitage capital management to take over Russia and I've refused. And so my computer says, number one, you're going to fail. Two, Russia is going to collapse. and I stood up in June of 98. We had a conference in London, and I said that,

and the London Financial Times happened to be there. They snuck in the back of the room, and they put it on the front page. Armstrong says Russia's going to collapse, and we're going to have all these nooks running around, whatever. And that was the final straw, I guess. That was it. And they all blamed me because they lost a shitload of money, long-term capital management crisis, all that, because they were all in the same trade.

Every one of them was on the same trade, and they thought they were buying these GCOs from Russia, earning 30% interest, guaranteed, so they're bribing the IMF to keep the loans going, so they could make 30% annually forever. And I told them, I don't care who you have. They put on a big dinner in Washington, D.C., invited the IMF, paid for the whole thing, rented the National Gallery. Every politician was there. I was even talking to Paul Volker at that dinner, all to show me that they had the IMF in the back pocket. And I said, I don't give a shit who you have.

I advise the people the IMF has to go to to go get money. all right it's not going to work but they wouldn't listen to me you know it failed and then instead of saying they were wrong this is the same bullshit but government instead of saying they were wrong it's my fault it went down because i said so instead of what you were doing was wrong you know you had every major fund all the bankers they're all long these gkos something happened you are the market who are you going to sell to there's nobody else you suddenly try to sell to there's no market so then what happens they start liquidating stuff everywhere else to raise money to cover their losses so the yen's going down the stock market's going down because you're

selling it's a liquidity crisis because they lost money in Russia. They weren't selling the stock market because they thought it was going to go down. It was to raise money to cover the losses in Russia. I get blamed for it. Curious. You know, we've talked a lot about 2032. How far does the model go into the future? Like, can you look exponential, you know, in the next 100 years or is it, or is it decade by decade?

Well beyond that. What does it say after 2032? Like it, you know, like it was Rebecca Koffler saying that Putin is in until 2036 at least. When you look past 2032, what do you see? I don't think he'll make it that long. But you don't think Putin will make it that long? No. But look, this is kind of like the revolution against monarch.

And it happens more than you think. You know, you had Rome overthrow its king in 509 BC, and a few months later, Athens, you know, overthrows its tyrants and creates, you know, democracy. You had the American Revolution against, you know, monarchy. Oh, that's a good idea, okay? 1789, George Washington is getting sworn in. what happens? Oh, France goes, oh, we should do the same. French Revolution. These things become contagious.

You had 1848, the big communist revolution that swept all of Europe, over through the monarchy again in France. It goes through these things routinely, mainly because government will not listen. they have the power, they think they can use that power and retain it forever. All right. So that's the whole problem. And to what the computer is showing, what 2032 is about is the end of republics, period. All right, everybody's going to say, this form of government, it sucks. Okay.

You have no right to vote for, you know, did you really pick Carney? They pick Carney or sticking him in as the liberal. You have no right. Look at Ursula in the head of the EU. She's never stood for an election. This is democracy? Talk to people from Vietnam. 18.

You're old enough to hold a gun and go kill somebody. You were too young to have a drink, no less vote. That was all 21. But you can go kill somebody at 18. But you have no right to vote. So this is democracy. This is the bullshit, really, that we are facing. And people will are, they're beginning to rise up.

Well, Trump was a watershed event. When he was elected, it's a contagion. Look at Europe. All of a sudden, AFD, oh, there are a bunch of Nazis, this minor thing, try to kick them off of everything. Now they're number one party. You have Nadu Farage, reform party, number one in Britain. Why? Look, these people have brought in these migrants without any understanding of history whatsoever. The most dramatic example is the Roman Emperor Valerian, or I think around 364 AD.

All right. Attila the Han is coming. So he lets all the Goths in, which are German tribes. He lets them come in, thinking that he's going to be able to use them to build up an army against the Till of the Hunt. Trains them.

They now all learn Roman tactics. Very nice. What did they do? Let's take this another bitch out. Days of battle. The emperor is killed in the battle and beheaded. Okay? By the migrants, he let in.

This is 1844. You know, we're in a steep recession, sovereign debt default by states in the 1840s after the panic of 1837. This is when the Irish are coming, potato famine, all this, turns into gun battle on the streets of Philadelphia. Why? Because these migrants are coming in. they have nothing, they're willing to work for less money than a native. And they even call the native movement. You're saying the same thing in Europe again.

You cannot bring in migrants at the same time you have an economic decline. Period. Just look at history. It will always end up in the same issue. You got civil unrest. Look at California. And you get Newsom going, oh, they're tax-paying people. Really?

I cannot hire somebody. I have to have who they are. I have to take out the taxes. They have to have a Social Security number. All these people, what are they? They're getting welfare from California for free. They can't have a job. a legitimate job. So they got to be working for cash underneath the table. And now they're

torching the city. And you have Newsom supporting them against taxpaying Americans. You just look at, you have all these Democratic governors supporting the people torching the city. Why? Because they've lost their minds. If Trump says the sky's blue, it can't be blue. It has to be red. Whatever Trump says, they must do the opposite. Whether it's right, wrong, or indifferent, it doesn't matter. This is the problem. We've gotten so polarized in politics that you're seeing the same thing in Germany. You're seeing it everywhere.

That it's polarizing the countries. You're going to see civil unrest, not just in the United States, and eventually in Canada, too. but throughout Europe. I mean, most of the major cities in Europe are on the verge of civil wars. It's worse there than it is here in North America because the migrants that came in were Islamic. They didn't come to assimilate. You know, they've stuck up signs in Sweden. Here are law here.

They're bringing their culture. No, this country's got to change to ours. They didn't come to, oh, gee, I want to be Swedish. No, that's not, you know, when everybody came from Europe here, they came for a better life to get away from what was over there. I was in Berlin, and I asked, gee, you know, where's all the migrants? Oh, they get a two-week paid vacation by the government to go back to the very places they claim they had to flee from for political reasons.

And the German government was paying, full paid two-week vacation to migrants. I mean, you came and make up this, though. What advice would you have then on the immigration side of things? Look, it's the way immigration always was, was simply, you know, you go to, to, Britain. A lot of Indians there. But they're skilled. Most of them are in the health industry. They voted for Brexit. Why? Because I had to learn, I'd had to have a skill and I had to have the language to get in. Mexicans here in Florida, very pissed off at all these migrants. Why? Same thing. They had to learn the language. They had to have a skill. You know, most of your, a lot of your,

small businesses here are owned and run by Mexican. They've been here for a long time. You don't just let, you know, people in with nothing. You know, I can't get a citizenship in Zurich. The first criteria is I must be able to speak German. Second, I have to have a trade that's valuable. If I can't, sorry, you're not allowed in. Look, migration is fine.

But you don't let in, you know, the undesirable, per se. You want people that are going to come here, expand your economy, that they want to be part of what you are, not change you to what they're leaving from. Martin, I appreciate you hopping on and give me so much time this morning. It's never dull with you, that is for sure. and I look forward to the next time we have you on, but appreciate it. And, well, we'll pay attention to everything coming out of your end of the Internet.

Out of everything, all the conversations and articles you've been writing, I think I can speak for my audience and saying we appreciate it immensely. Well, I figured, you know, look, we're all in this together. I can't beat my computer. I've tried many times. the best thing to do is we all right fine understand it um i see it more as like the biblical story of joseph advising the pharaoh there's going to be seven years of plenty to stock up and then there's going to be seven years of drought if you at least listen you understand there's a cycle

when the drought comes it's not so bad you're prepared simple as that martin armstrong everyone thanks again well thank you I hope you do what I say. Eliminate income tax up there. I might even open up myself. There you go, Alberta. If you separate, you're going to have Martin Armstrong up here. We have no income tax in Florida.

That's why I moved here. Makes sense to me. I think that makes sense to a ton of Albertans, too. I'll tell you, my father was a lawyer, as you know, but his law partner told me when I lived in New Jersey, if you die here, tell your family to drag your body across the river before they tell anybody. They went half of what you got, why are you living, and then when you die, they want the other 40%. So, Florida, very glad I came here, kicked myself in the butt for not coming here a lot sooner.

Thanks, Martin. Thank you. Take care up there.