The Prepper Broadcasting Network - Patriot Power Hour #263

Episode Date: May 22, 2024

Each week on Patriot Power Hour, Ben ‘The Breaker of Banksters’ and Future Dan explore the latest Liberty, Security, Economic & Natural news, providing the situational awareness needed to execute your preparedness plans.Questions, Feedback, News Tips, or want to be a Guest? Reach out!Ben “The Breaker of Banksters”@BanksterBreaker on Twitter; [e-mail] Dan@FutureDanger6 on Twitter

Not too long ago, two friends of mine were talking to a Cuban refugee, a businessman who had escaped from Castro. And in the midst of his story, one of my friends turned to the other and said, we don't know how lucky we are. And the Cuban stopped and said, how lucky you are. I had some place to escape to. And in that sentence, he told us the entire story. If we lose freedom here, there's no place to escape to. This is the last stand on earth. This is the last

stand on earth. The last stand on Earth. SILENT PRAGUE ¶¶ You are now listening to the Patriot Power Hour. This live episode features the situational awareness you need to practice self-reliance and independence. Introducing your hosts, Ben, the Breaker of Banksters, and Future Dan, the editor of FutureDanger.com. Ben, the Breaker of Banksters, here with Future Dan, May 22nd, 2024. What's going on, Future Dan? Not a lot. I'm making the call this is relatively calm week evening tonight relative to much of what we saw this winter last year it definitely won't stay this calm that you can be sure of but in terms of bad news happening now that's directly dangerous we don't have a lot sounds like a

good time to catch up on some prepping and some other uh chores and maybe even some r and r and family time if you know that's not time wasted uh we'll talk a little bit i mean there are a few articles we can go through definitely but without so much news what have you been up to uh with regard to projecting the rest of this year and maybe your own preps without getting into too much detail what have you been doing if there's not so much news i know you're a news hound you must find a lot of time on your hands now well i'm looking it's not like i'm not looking. And, you know, you can have arguments about headlines that we're seeing and whether, you know, they portend bad news to come.

That's definitely true. So there's plenty of news to discuss. But a lot of it's super political with the election, and we typically try to look, look at that, but look at it from a different frame of reference, not the daily back and forth. And there's never going to be a shortage of articles about how corrupt Biden is. And,

you know, you know, and rehashes of issues surrounding the biological weapon employed by the communist Chinese in 2020 to unseat Donald Trump. So Echo Alliance, the outfit that was essentially working hand-in-hand with Fauci to, for some reason, do gain-of-function research in China, and that being allowed to happen. But it's only confirming what plenty of news has already pointed to,

which is there's something definitely wrong there. There's no smoking gun headlines on anything today. Somehow the administration is turning its back on Echol Alliance, the owner or leader. I'm not sure if it's a profit or what, but basically the boss of that outfit is getting debarred from federal contracting. The news came out today. But tying that to a specific heat map indicator, it's hard to do. It's related to bioweapons and nature being reengineered and pestilence spreading throughout the land.

But it's kind of history now, right? It happened. It's not exactly news of... I'm not sure what Ford projecting, you know, anticipating value, you know, news that's rehashing things that we've known for a long, long time. There's going to be an endless supply of COVID vaccines, you know, news, lawsuits, studies, showing that experimental vaccines are, you know, had a cost, right? But it's rehash, right? So, you know, I'm not stopping looking for new events, but on the other hand, it's pretty good when nothing new happens that belongs on the heat map.

It means it's safer, calmer. We got to, we got to respite. So of course, yeah, continue to prepare for the worst. You can't dwell on history, and you can't dwell forever on the projected future. When things are good, things are safe, take them as they come. Yeah, you do have to at some point live in the now, and the now is somewhat calm, depending on where you are and what you're up to but it seems that way from what we're looking at we did uh see the president of iran killed in a

helicopter crash we'll certainly report if news comes out that israel the West, or even the inside job, Iran, was behind that. We don't know at this point. Did have his funeral. Tens of thousands were there. Ayatollah Khamenei was there. Will that escalate or back off all the war in the Middle East? I guess we'll see when it comes down the line. the war in middle east i guess we'll see that when it comes down the line i one thing i've noticed though is well you raised covid more and more coming out and kind of trying to cya

cover your ass former cdc director said pretty much what you pointed out that there was a cost to these experimental vaccines they were were still necessary, of course, but maybe it was rushed a little too much and maybe it was a little ham-fisted, to say the least. So we got people kind of trying to cover their ass a little bit. More information coming out on COVID. But financially and socioeconomic engineering point of view. We have Carl Schwab stepping down, potentially getting told to step down

after some infighting at the World Economic Forum. Looks like Jamie Dimon's contemplating retirement. Rats leaving the sinking ship. There's always turnover of personnel, though. That's why you can't focus on just one person. You've got to focus on the overarching system, huh? That's an interesting

candidate for a danger indicator when the heads of major banks roll over. The head of the FDIC rolled over just like a week ago, too, or a couple weeks ago. The head of the FDIC rolled over just like a week ago, too, or a couple weeks ago, the head of the FDIC.

Yeah, and again, there's retirements, there's resignations, there's scandals. That stuff happens all the time. It's just humans. But if it's happening at a 2, 3, 5, 10x per unit of time, per day, per month, whatever, maybe it does mean something. It's definitely got to be correlated somewhere down that line.

There's been periods where we've had little to nothing on future days or heat map, but it ought to ebb and flow. It ought to cycle. It should be some kind of natural rhythm. And this week it happens to be other stuff that we want to talk about. So if there's financial news that is still interesting and topical, I'd be interested in your take on that environment, Ben, or any other topic. Red Lobster's bankrupt but they're coming

back they swear they lost several million dollars in their all you can eat shrimp trying to entice people in after lockdown that backfired they got rid of their whole c-suite they're going bankrupt Red Lobster bankrupt and

geez the restaurant and tourist industry has been gutted since COVID. It really hasn't bounced back too strongly. It's kind of feast or famine. Certain areas are doing well. I didn't see that, but what I actually without getting too... We only got a few minutes

so I'll have to be limited. That's a good thing. I won't go down the rabbit hole. We talk often on this show what happens when debt becomes untenable, when the math actually turns into real negative effects, having too much debt, not enough revenue, not enough growth, and just too much spending, right? So we talk about that pretty often on this show, right?

Absolutely. talk about that pretty often on this show, right? Absolutely. So the bank of Japan is about five to 10 years further down the road than we in the West. And they are hitting that wall right now. They can't keep their interest rates low anymore. They've hit a level where no one wants to buy their government debt. They have to buy it with their central bank. And it's come out that the Federal Reserve has actually been giving some of those, remember those repos we always talked about? There's repos and then reverse repos. But the one which gives the bank more liquidity overnight so they don't fold, well, it's come out that the Fed's actually been helping out a couple Japanese banks there. Seems kind of shady. Seems illegal.

I don't know. Somehow they're able to make it happen. But the point is Japan is on the brink. They have a very bad demographic problem, super aging workforce. And they're just 250% debt to GDP. So we're at 120%, 130%. They're at 250%. They've been doing this game for like a decade more than us,

and they ran out of runway. And I don't think it's going to take us another decade to get where they are. It'll just be a couple more years. So I wanted to point that out if people want to see where we might be in five, ten years from now, maybe even three years. Look at Japan and what they're going to be going through right now. Yeah. It's important to note that they're not a nation with 300 million people

across the continent with nuclear weapons and the default you know bastion of capitalism and financial you know retin woods right so can japan come apart at the seams and look like argentina and then does it mean we necessarily have to? I think time will tell. I take your point, though, that when the math matters, the math matters. But if that's happening to an island nation like that at 250%, how much, what greater, 1,000%? I mean, What would break USA's back in the same terms?

It's got to be more, right? There could be reasons why or why not. I think it could be less, actually. Really? Maybe I'll have to write you a letter. Dissertation. We could review, but one thing I want to say is how this manifests.

Well, the Japanese yen is down about 50% in the last couple years, so we've had massive, massive inflation. You think inflation's bad here? It's more than twice as bad in Japan over the same period, probably three times as bad since COVID. 50%, 60- plus percent inflation since 2020 and rising and now they're just totally trapped in stagflation where no one's investing no new jobs are being created but inflation's ticking up and now they're you know what they got that

we might not have what you said we it is advantageous to us for some degree but it's also disadvantageous we don't have a manufacturing base to export things. They're able to export much more with a depreciating currency, so they might be able to drag themselves out of this. But we may not as much. I don't know. We'll talk about that. I'm sure we'll get to experience the collapse of the U.S. dollar in real time here on Patriot Power Hour.

But for today, we've got to do a commercial first, so let's do that, all right? Meet you on the other side. The sky grows dark. The day underneath. The ravens in the sky. The king shall deceive We have come into the night Thunder and rays in war and night

We have come into the night Thunder and rays in war and night We'll fight for our case Finger up for Ragnarok Finger up for Ragnarok Patriot Power Hour, Interception patriot power hour interception february 25th 2020 episode 85 why can low interest rates be bad in layman's, think of it as adrenaline. If you're running on adrenaline

at all times, that is really taxing the system. And really, it could kill you. Sometimes you need adrenaline if there's a medical emergency that can keep the patient alive, right? Bam, right in the heart like Pulp Fiction. But guess what? You can't be having that all the time. We're not just seeing emergency measures. We're seeing unprecedented emergency measures. Very low interest rates for a prolonged period of time. They simply lead to bad and poor allocation of capital slash resources. Malinvestment, those investors, whether it's your pension fund, whether it's 401k, whether it's foreigners who buy a lot of our debt, by the way, all those folks, they want to get a return. And guess what? When inflation is actually higher, even though they say inflation rates low, it's not this low.