The Trillionaire Mindset - 53: WE BOUGHT A BOAT

Starting point is 00:00:00 Okay, so I feel like I'm in a, I feel like I'm dreaming or something, but I don't think I , I don't think I am. Maybe I got the day wrong or something. Nobody's in the studio, but me. So I showed up, I set everything up, I get everything going right, and then I go and come out of the set here and there's nothing here. A meal's not here. None of the desk serenity. The set is fully changed. I swear to God, Zach and Waleed, if you guys are behind this, this is some kind of prank. And you better be careful about what door you're opening here if you get what I'm saying because I'm gonna I will step up my game.

Starting point is 00:00:48 I'm gonna have to start pranking you guys, but maybe I'm wrong. Maybe this is something else. This feels like something else. Hello? Yeah, nobody's here. Okay, tell you what I'm gonna do, folks. I'm gonna, let's give a meal a call here. Hey Siri, call a meal.

Starting point is 00:01:11 Call me a meal, Jeroza. Okay. BEEP BEEP Hello! A meal, what the fuck, man? Where are you? What a meal? Where are you? I'm on the new set, baby The new set now that I'm on set. What are you talking about?

Starting point is 00:01:30 You know what it is? I yeah, there's there's probably no reception out here on the open seas if you know what I'm saying No, I don't know what you're saying. Are you coming in or what's going on? Look, I'm gonna send you a pin all right just just meet me down here. Jesus Christ. Okay you a pin alright just just meet me down here Jesus Christ okay how do I dress do I wear what I got on oh you whatever your wear is fine anything works down here just bring some sunscreen okay I guess I'll see you soon then yeah you want anything from the store you want a banana coffee beans what do you want definitely beans lots of beans naturally of course my beanboy wants his beans okay This better not be a prank. I guess I'll I'll see you in a bit. Bye. All right. See you later, baby Oh, I'm here. Oh, I made it.

Starting point is 00:02:31 Emil? Who else, pal? And where's the beans? I forgot the beans. Come on, man. What is this? Just get over here. Wait, do you see this thing?

Starting point is 00:02:41 Is this real? Did you steal this? What do you mean? Check out the name on the table. I'm going to steal it. I'm going to steal it. I'm going to. What is this? Just get over here. Wait, do you see this thing? Is this real? Did you steal this? What do you mean?

Starting point is 00:02:49 Check out the name on the boat, baby. The Column boat. You know, baby. It's real? Of course! The legends were true. Hold on, hold on, come back. I'm not sure. Hold on, hold on, come down and hit her. No, no, no, no. You're gonna play Delos for Quentin.

Starting point is 00:03:06 Oh, we should have played Delos for Quentin. You're gonna play Delos for Quentin. Welcome back to the B-Bam. I'll get the B-Bam. Quentin, when I get done with you. Yeah. You're ready. You're ready.

Starting point is 00:03:18 Fill me up, Bill. Big Quentin solves this. The Quentin 100,000. Ha, ha, ha ha ha! Emil, this is great, but where's the studio? That's the best part, bud. You're on it. Bud, wait till you see this. Come on, follow me. Come on.

Starting point is 00:03:47 Come on, it's right this way. Come check it out. Whoa. Permission to come aboard? Oh, I made it. You're supposed to have permission granted. Oh. Wow.

Starting point is 00:04:03 How long have you had this boat? I've been working on it for a couple of weeks now. I see you've got plenty of 9-11 books to keep us... Oh, I had to have the night when we're out to sea. We got to brush up. Yeah. There's never enough reading to do about 9-11. We got the burp jar.

Starting point is 00:04:19 Look at this insane window. Oh, yeah. You can see where we are. What a view. Wow. And what the heck is this? Oh another surprise. What what'd you do? That's not what year it is. Oh that's what you're doing. Wow. Look at this. We got a little back to school merch job. Whoa. Wait, but what's the name of the set? What do we call this?

Starting point is 00:04:51 The Columbot. The Columbot. Yeah. Oh. Ah. Ah. Wow, do I need some drama mean? You might.

Starting point is 00:05:00 I got a little seasick. That checks out for you. Yeah. I remember one time I was on a sailboat, my buddy Austin sailboat. I jumped off to go pee in the ocean. And it wasn't until I was in the ocean that we realized that he didn't have his ladder

Starting point is 00:05:18 to get me back up on board. So my little brother and he had to try to hoist me back up and it is very, very, very hard to pull someone back up on a boat. It was like a big, you know, sailboat and with the waves, it was like, it would be like it would be like, yeah. And then suddenly you're like, you're hanging under the boat. Well, we're gonna have to make sure we always put the ladder out for you. Yeah, always put the ladder out, the piss ladder. So the piss ladder on Colomboat.

Starting point is 00:05:46 Wow, this is amazing, Emil. So look at this. We got, we got some t-shirts coming. We got these super chill, friggin sweaters. I don't know if I have a t-shirt. Oh, this is a t-shirt too. But I do have, this is my favorite. The friggin' Rugby shirt, trillionaire mindset.

Starting point is 00:06:04 Are you kidding me? I might have to pop this guy on. I like this. Today for us. Yesterday for you. Ooh, that's fun. My favorite slogan that you hate that I say. Fucker.

Starting point is 00:06:16 Oh, you know what, my favorite thing? These will be, what? These will be live tomorrow. You can- No, no, not tomorrow. Today for you. Today for you. Today for you. Yes, today for us.

Starting point is 00:06:28 No wait, that's not even right. Tomorrow for us. Tomorrow for us. Today for you. When you're hearing this, you'll be able to order them. I gotta put on a freaking rug. My favorite part is that I can wear green on the set now. Oh, that is the best part.

Starting point is 00:06:40 Yeah. No, actually the best part is that it's a boat. Why'd you guys laugh at that? the best part. Yeah. No, actually the best part is that it's a boat. Yeah. Yeah. Why'd you guys laugh at that? It's just a boat. Oh, wait, that's the sound of the crew. Oh, we do have a crew here. We got a shit deck and everything.

Starting point is 00:06:56 Poop deck? Do you think pirates were, they knew what they were doing in the evening at that. They were like, we gotta entertain ourselves. No, because it didn't mean poop back then. What did it mean? What did they call poop? I don't know.

Starting point is 00:07:08 Do you have to, dude? Do you have to? I want to put my, I want to put my, okay. Yeah, that's right. No, everybody, keep your eyes over here, right? Keep your eyes on me. Yeah, keep that. Yeah, don't look at the muscle, the muscles. They'll hypnotize you like they got me.

Starting point is 00:07:24 Oh, you know what, Ben what better should a unbutton Christ on the cross good lord oh Man Well, he stuck like that now Jesus, hey for the audio listener he can't he couldn't get the shirt on and these shirts are really really great. Dude, this one is sick. Yeah, it is. We should take it to the doctor. The problem is I can't, why you really look like a rugby guy. Do I? Like someone who would date, uh...

Starting point is 00:08:00 Date who? What kind of rugby player date who do they date think that famous woman dated a rugby player. Oh, yeah No, I know give me one second Emma It's a Harry Potter girl her mind. Oh, Emma. Emma. Emma Hermione Emma Watson. Emma Watson. Yeah, so Emma if you're watching Look there she is. He's not playing rugby. He's walking on the beach. Yeah, but he played rugby. Oh, he did? Yeah, look, there's pictures of him playing rugby. Oh, yeah, he's running.

Starting point is 00:08:29 He looks like he knows how to play rugby, that's for sure. I wish he was okay to wear your own merch. It literally is, that's what you're doing. Should I go on dates with this? Yeah. And they'll be like, what's the trillion in your mindset? And I'll say, it's funny, you should ask. Hey, baby.

Starting point is 00:08:44 Hey, baby. Go to youtube.com, the trillion in our mindset? And I'll say, it's funny. You should ask. Hey, baby, go to youtube.com slash trillion in our mindset. Uh, baby. So look, we got a new set. We don't have to fight it out with, uh, Wal-Led and Zach anymore. Uh, that was all a bit anyway. They're good. We love them. No, we don't. Um, but if they asked to climb a board, the answer's no. What? Yeah. It's the answer's yes. Okay. Fine, okay fine the answers. Yeah, well let down they have to come through the piss ladder first They've got a yeah open the ocean to prove that they're sea worthy and then climb aboard Okay, yeah, but we're they have to they have to work a little bit. They got to scrub the poop deck Yeah, they can't come aboard now though because as you can see by looking out the with a window

Starting point is 00:09:23 We are anchored in, where are we? I got lost when I came to pick you up. Okay. Someone have to check some coordinates and stuff. I'm still getting my sea legs if you know what I mean. Yeah. Nobody's captaining the boat right now, because we don't need anybody to, because we're anchored, like I said.

Starting point is 00:09:37 Yeah, but we got the crew keeping an eye on stuff. It's definitely going to be fun doing this, this very real lure. Oh, it's super real. We can go anywhere we want. Tell us where you want us to dock and we'll do it. Well we could, and that way they'll know it's real. Yeah. Well, I'm happy being docked here in this nondescript tropical location.

Starting point is 00:09:59 Hey, there's another boat out there. You see it all the way in the corner? Oh, I know that guy. Hey, it's a naked lady on that boat. Oh, hey. Don't stare. Thank you. Thank you.

Starting point is 00:10:13 You're right. Okay, check the disclaimer in the description box, please. You're going to want to click. And it seems like it's been edited in. It hasn't. We're professionals. Yeah, no, no, but it's in, hey, Steve, Stephen, which do you prefer?

Starting point is 00:10:24 Let me know in email. How do you talk to him? Very, I just want. So not quite the Glenn relationship. Well, not yet, but also High Glenn. But anyway, check that disclaimer, click see more in the description box and read that shit.

Starting point is 00:10:39 Anyway. Anyway, like we're saying, we're restocking Colombo merch on October 7th, it's gonna be a limited run. So if your Colombo head you're gonna want to go there and get your your shit, all right? This thing is legitimately so sick. Okay, that's good and then we also have the cool back-to-school Collegiate line that's coming out. We've got I'm wearing one. Emile here is wearing one So if you're trying to catch the eye of Emma Watson. Yes. That's gonna want to pick one Lisa

Starting point is 00:11:04 That's exactly right. So you can go to trillionairesstore.com to preorder this merch, baby Also while you're here You know the drill man. You know the fucking drill just follow the thing subscribe to the thing YouTube comms let's show you know my set. We have a deadline now for the big kiss. Yeah, you guys were fucking around here's a preview Oh Let's show you in our mindset. We have a deadline now for the big kiss. Yeah, you guys were fucking around here's a preview Oh, this is what it looked like Oh, I thought we were doing it not till you got we got until The end of the year we're giving it until December 31st we get we need 2021 we need 6,800 more subscribers by the end of the year to get

Starting point is 00:11:41 600,000 more no 6,800 shit does gonna say I don't, that was gonna say, I don't think we'll hit that. No, I don't think we'll hit that probably ever. 6,000 seems doable. 6,800 seems doable, yeah. Very doable. We're getting there, little by little. So, audio listeners, we're looking at you, but we also love you, please don't go anywhere.

Starting point is 00:11:58 And you two listeners, you're, do a watcher, you're doing the God's work. Jesus loves you. We are the number one Christian Finance podcast. Oh, yeah, I forgot about that. We are we are I heard a radio commercial the other day This is why radio still rules man. Tell me why it was a radio commercial for a college that does like math and science from a Christian perspective Like is it mostly how do you how you fudge the dates on stuff? I Like, is it mostly how you fudge the dates on stuff? I don't know what that means.

Starting point is 00:12:26 It makes me want to check it out and be like, what is the, how do you, how do you do math, math is an universal thing? No, they're like, here's how you pack human history into 2000 years. Yeah. There's some people in like, Congress that believe in that shit, right?

Starting point is 00:12:41 Probably. There's some people in Congress that believe a lot of shit. Yeah, that's true. That is very true. We're a lot closer now, right? Like personally? No, no, like the physically. Oh, physically.

Starting point is 00:12:51 Yeah, yeah. You're... And the most way. Yeah, because we can touch now. Oh, yeah. Right. You really used to have to... Yeah, we had to lean and I would have to go like that just to be able...

Starting point is 00:12:59 Should we just hold hands? You know what is good? What? This set is going to be great for the kiss. Oh, yeah, because... No, uh-uh. Oh, yeah, cuz No, uh, uh, uh, uh, uh Not they not just yet. Oh man. My lips are just wet

Starting point is 00:13:17 Are you gonna wet them before you kiss me? I don't know dude Mm-hmm, it's gonna be like kiss my uncle. Do I look like your uncle? No, but he always does wet lips whenever I kiss him Fuck I'm thinking about my uncles his lips. Oh, what are I? I don't know man. They always look bone dry. I'm like I'm not gonna kiss him now. Right. He always like comes down the stairs And I'm like were you up there licking your lips, my man? Prepping? God. Yeah, my uncle, I won't say his name

Starting point is 00:13:52 because you could probably find him. Just Google Ben Conn, uncle, lips. You know what I'm saying? What are you gonna say? See what he comes up? You have to see his lips. One of my uncles has the most insane eyebrows you've ever seen. They just like, he doesn't,

Starting point is 00:14:08 I don't think he even knows that they exist. Cause if he did, he'd be like, oh shit, I gotta trim those. Now I love that. I can't wait to enter my old, old guy crazy eyebrows face. Yeah, no, they're out of control. There, my uncle wears new balances

Starting point is 00:14:23 and used to have an old flip phone until very recently. What do you, what do you upgrade to? An iPhone. I convinced him. He was, he thought that it was like witchcraft. Oh, that they're going to be able to steal my information. Uncle Blank, they're not going to be able to do that, man. I'm speaking of uncles. What? My friends uncle was in jail for like 10 years. That's cool. And I remember we were probably in Like freshman year high school when he was getting out. Uh-huh. And we're like dude. He's We've gone to like space. I don't know. He's like no, it's a space in the six. No, I know

Starting point is 00:14:57 But like everyone has now we all like carry the internet. Oh right, right? He's aware of that in prison. It's not like they're in there going no, they don't tell you shit They tell you stuff. Yeah unless you have a nice family member who calls you They make tiktok's in prison now. What yeah? The guards make him do no the prisoners prisoners have smartphones They have internet access. They got everything man So if you need housing just commit a crime no and no don't I don't do that. I would if I were, if I were, I mean, if I were at the end of my rope, I'd just rob banks. You got, it's one of two things can happen.

Starting point is 00:15:33 You get away with it and you got plenty of cash. Or you go to prison, you get, um, well, you get prison sucks. It's most likely prison. Well, at least you get TikTok there. Yeah, here we go. Here's some prison talk, prison TikTok. Damn, it's a whole vibe. Holy shit.

Starting point is 00:15:48 Yeah. Does that say six and a half billion views? Yeah. Jesus Christ. Yeah, they sure do. You have a cell phone in prison? Yeah, well clearly they're very low quality. It shows them cooking and making stuff.

Starting point is 00:16:02 Unbelievable. It's wild. I saw a TikTok of a woman prisoner in a lady prison. And she like went up and did a dance and it was for pen pals. It was like to attract people to want to be her pen pal. Oh yeah, that's how they get married in prison. Yeah, or something.

Starting point is 00:16:19 But she was really hot and people were saying, why is my wife in jail? Why did my wife do? Uh, it's wild. It's crazy because every time I look down, I'm like, ah, I turned into a guy I don't like because I'm just like wearing khakis and boat shoes and a rugby shirt.

Starting point is 00:16:36 Well, what's funny is you own these things. So something happened. Well, I mean, who doesn't own khakis? You don't own khakis, that's weird on you. You don't have to go to a thing where you have to put khakis on what thing would I possibly have to go to Last I checked I don't live in Connecticut or New Hampshire a Fucking like sweet 16 or something what Buddy, I don't know about you, but I'm only going to Keen Signieros not sweet like a fucking family

Starting point is 00:17:03 You don't go to bar mitzvahs. I haven't been to a bar mitzvah in ages. The kids aren't religious anymore. Nobody gets bar mitzvah in any of these. Don't you go to golf things? Can you get your foot down? Don't I go to golf things? Yeah, I golf the last time I golf.

Starting point is 00:17:16 You don't have to wear khakis. No, well, I just wore like, I don't even remember what, I just wore dark pants, which was even dumber, but the last time, oh no, I wore shorts. The last time I golfed was last year. My friend is a member of the Valencia Country Club. I took acid, which I thought would be fun. It was 105 degrees, and we played a full 18 holes, and I was just dying.

Starting point is 00:17:40 Not fun to play 18 holes on acid in the valley where it's 105 degrees. I'm trying to think of something where you would have to wear khaki's. Yeah, yeah, I mean, you're going to boat, I guess, and then they tell you you can't enter without khaki's on it. And I say, well, I guess I'm not going on the boat. And if I need khaki's, I'll borrow them from you. I'll steal them from you. You can't fit into these. Yeah, you're right. Well, I'm a, I'm gonna come up to your calf and I'm a 32 32. What are you?

Starting point is 00:18:06 You have a 32 waist. Yeah. Is that huge? No, that's very trim. Yeah. Well, I'm the trim guy. What can I say? I'm top heavy. I guess I'm like a my mom. My mom said I'm shaped like a triangle upside down. Ben is shaped like a grimace Grimace is bottom heavy. Oh yeah. For those of you who don't know, Grimace was a big purple character that McDonald's had. McDonald's used to have a whole suite of characters they had. You don't have to explain fucking why. What are you guys?

Starting point is 00:18:38 Don't explain Grimace. They had Ronald McDonald. They had girl Ronald McDonald. Ben got a knock your fucking call. They had. They were being blamed Grimace. They had the hamburger. Yeah, go you got within then they had grimace Which was this big purple I don't know was he a germ?

Starting point is 00:18:56 Yeah, McDonald's wait they define him go up oh no no no no he's wait wait wait He's a large anthropomorphic creature with short arms and legs started out as an evil character who used to steal milkshakes Oh, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, anyway, we got a lot to cover today folks. Well, you know what? You want to switch up the order a little bit. You want to talk about this because we got to say, you know, if anyone watching is in Florida, we hope you're safe. We've been watching some of this footage. It's fucking insane. It is really insane.

Starting point is 00:19:39 But we've in Ian, Hurricane Ian. Yeah, terrifying. Yeah. But we, we've talked about some of the stuff before. Remember we covered the Amazon warehouse workers who they were made to work through a tornado? Oh, yeah. They working through the hurricane?

Starting point is 00:19:57 No, but so Jonah Ferman of labor notes did, he was getting sent some texts from employees where they were being asked to work through the hurricane. And it's just lower to what part of Florida were they were? I think they were in Tampa. Wow, which is one of the places that got hit hardest. I don't think, they were pretty close. They were probably about like a two hour drive north of some of the hardest hit places. Yeah. And some of these texts are wild.

Starting point is 00:20:27 So, I mean, it started, I was reading this article from Slate where it's a... Well, wait, what company is this? Postcard, Mania. First card, Mania. What the fuck is postcard, Mania? They make postcards and send them out to people. Who gives a shit?

Starting point is 00:20:40 So, you know, that's the crazy thing. So, but they're not like the small mom pop thing. They like ship out worldwide. The CEO was, you know, she's like, I want good quarter sales. People need their postcard. Yeah, going absolutely crazy. Jesus, Jesus.

Starting point is 00:20:57 So they're asking, who has to work in a hurricane, right? This seems like common decency and common sense. But if prior hurricanes or any indication, there will be some employers that still tell people to come in or lose their jobs. And so, can we pull up the first, yeah. So, Jonah from, I guess, was getting texts from some of the employees.

Starting point is 00:21:14 Employees at Marketing firm, postcard, Manian, Clearwater, Florida. Oh, Clearwater. Are not only being asked to work through the hurricane, but are being told to bring their kids and pets to stay at work overnight so as to continue to service our national clients. Oh my god that's dark. So PCM. Wait, what, what are the, these are text messages now that we're from employees who sent it.

Starting point is 00:21:37 PCM was built to a stand cat five wins. PCM is postcard me. Jesus fucking cry. You don't think I'm just giving the people context man. You were just gonna start reading and like- But people can put shit together. Yeah but I don't know. We're talking about McDonald's and you're like okay so just tell you know McDonald's is a burger company. I know.

Starting point is 00:21:54 It was started in 1932 and they were very popular California company and then Ray Kroger took over. It's like holy shit. They'll put some shit together. Gen Z that know who grimaces. Let's let them give it a whirl. Listen, he was in Antifascar. The picture was short arms and short legs. He used to be evil.

Starting point is 00:22:12 I mean, are we gonna be able to talk about anything? Go ahead, go ahead, go ahead. Before you get there, hurricanes are categorized by different strengths. Yeah, five, five, they'll use context clues, okay. That's good, go ahead, sorry. You're right, no, you're right.

Starting point is 00:22:27 We've moved to a new set, and I'm worried you've never talked to us. Well, someone tossed me a life vest because I'm drowning over here. Christ. You think I'm gonna be able to get through a sentence? I don't know, we'll see. PCM was built to withstand cat five wins. That means category five wins, those are pretty strong.

Starting point is 00:22:44 We would like to continue to service our national clients The VM was built to withstand Cat 5 wins. That means category 5 wins, those are pretty strong. We would like to continue to service our national clients if we can bring our kids to work on Tuesday and Wednesday this week. We will have movies and fun for them. There's little emojis of film and balloons. Imagine getting this from your boss, from joy. I've lived here over 30 years.

Starting point is 00:22:59 There's always more hype in the media than any storm that has ever hit here. Postcard Mania is the best place to be. It's super strong. Bring your pets if you feel in need. I doubt in the end you any storm that has ever hit here, postcard mania is the best place to be. It's super strong, bring your pets if you feel in need, I doubt in the end you will really need to, we are not closing, we are working, we will make it super fun for the kids, see you at staff meeting. I mean that sounds, yeah that sounds fine.

Starting point is 00:23:17 If I were a postcard mania employee I'd be like, I'm gonna bring my kid, you know what, I'm excited to work. So people are starting to get pissed so they haven't I guess they have like a all-hands-on-deck meeting about the About the the hurricane. Oh, this one's gonna be hard to read. Oh, boy. Yeah, yeah I'll read it as a from the CEO joy. So this is joy join desu via zoom and she said wait So what what is this? This is from the staff meeting here are the CEOs remarks on the staff call sent out with minutes from the meeting. Okay. Oh my god, man. I'm gonna read this whole fucking thing. Don't read the whole thing.

Starting point is 00:23:50 I'm joy. Hi guys. Can you hear me? Say hi to Danny. We're driving. Here's the deal. I guess a hurricane is coming. I've lived in this area for 33 years now and the media always makes it a lot worse than it has ever been. Obviously, we have a plan for a disaster and hope for a nothing burger, which every single time we plan for a disaster, it's always a nothing burger. So, if it's super windy and you feel uncomfortable driving across the causeway,

Starting point is 00:24:14 then we'll figure out how to get you to work from home, but I'm not afraid of this thing personally, okay? If you're new to town and you're like, oh no, it's hurricane! It's not gonna be that bad. I promise. But there are evacuation areas. Even Zack's apartment is in evacuation apartment and he's of a giant hill from the water. Nothing is going to happen over there. I live one down block from the water, but up high on a bluff. My house was built in 1925 and it's still standing. So here's the thing.

Starting point is 00:24:43 If you want to leave your home and Okay, if you wanna leave your home and you're being told to leave your home and you feel like you should and you feel like you should and you have no place to go, PCM is probably the safest place to be in Florida. Where's the place to be? Where's the place to be?

Starting point is 00:24:55 Anyway, bring your pets, bring your kids, bring everybody to PCM and Jason can start blowing up those hair mattresses if we need to. Ben there, done that, it's gonna be fine. Obviously, you feeling safe and comfortable is of the utmost importance But I honestly want to continue to live to deliver and I want to have a good end of quarter and when it turns into nothing I don't want it to be like great. We all stop producing because of the media and the end Sorry guys and and the maybe it was going to be terrible. So let's see. I think it's maybe going to be bad on Wednesday afternoon, okay?

Starting point is 00:25:26 It's not going to be nearby until then. Let's just keep track of it. Let's, let's just keep track of it and we'll keep you informed. We keep looking every five minutes at the models and see what's going on, but I think it's gonna be a nothing burger like usual, crossing my fingers because that's what I'd like.

Starting point is 00:25:41 Anyway, raise your hand if you're scared of the hurricane. Okay, nobody, that's right. It's really not going to be that scary guys, but if you're scared of the hurricane. Okay, nobody, that's right. It's really not going to be that scary, guys, but if you're scared, you're a pussy. I mean, I understand. I also understand why you're not raising your hand because I just said it's going to be nothing. Ha, ha, ha.

Starting point is 00:25:55 Honestly, if you don't want to drive over the causeway because of the wind, I understand, but I don't think it's going to be a big deal, okay? So have a wonderful rest of the day. Have a wonderful rest of your staff meeting. I'm gonna be great off the Zoom and then click the link so I can watch the staff meeting. Wavid me, oh you're so nice for waving those of you that did.

Starting point is 00:26:14 I love you. Ah! Ah! Ah, click. That was too long. Why did I read all of that? That was like 18 minutes. You know what, I was like,

Starting point is 00:26:24 that was like sweet 16 minutes of hell, but you made me, you made me laugh. I couldn't stop laughing. God. So, okay, that was joy. That's postcard, Mania. You know, I, oh, God. I imagine you just have to sleep and work through the hurricane. I mean, that would be air mattress. That would be mighty cozy. I will tell you. Oh, you want to do it. Air mattress that would be mighty cozy. I will tell you. Oh, you want to do it? Hey, I'd be shitting on company time anything for quarter four profits. Q4 is coming up and we got to make so they they did end up getting shamed into giving everyone off. I'm sure and who the fuck is ordering postcards that they're they've been in business for 30 years. I don't I don't understand. I can't fathom postcards being a prolific part of...

Starting point is 00:27:09 They're actually, I don't know. They're actually doing huge numbers. I'm not joking with you. Yeah. But are they wholesalers? Do they sell to the people who then you put them on racks at the dollar store? I think they were giving them to individual people.

Starting point is 00:27:22 Oh, wow. Okay, I guess. Man, I mean, they really do live up to the name. They are manic about postcards. But the problem with this is, you know, this late article was talking about the, you know, the protections that workers have and stuff and the problem is, so I think OSHA, for example, issued a, issued a violation to Amazon

Starting point is 00:27:42 when all the tornado stuff was happening, but it was after the fact, right? Yeah, and didn't people die? Yeah, and so it doesn't matter if you get a fine afterwards. Yeah, if your boss is like, no, you know, we got to get these postcards out. Yeah, lay your goddamn life on the line for the postcards. Ah, boo. You know who lays their goddamn life on the line for those postcards? The postal workers. about boo. You know who lays their goddamn life on the line for those postcards? The postal workers. You know who's been stellar in their service? The United States Postal Service? I love the US. I do. So do I. I had a package that was supposed to be delivered. It did not get delivered. I called. I didn't have to wait. It was a guy answered. He like opened a ticket for me. He tracked down my package within a day.

Starting point is 00:28:25 How did it deliver to me? No problem. Love it. No problem. I have a, I tweeted something because me and my dad always, like we send each other stuff and then we text each other. That must be nice to be able to text your dad. Someone out there still had, I went to text my dad's old

Starting point is 00:28:40 and phone number just to see. And it used to be a green bubble because you know, of the whole dead thing. You texted your dad? Well, I texted the see. And it used to be a green bubble because you know, of the whole dead thing. You texted your dad? Well, I texted the number because I was gonna be like, is anybody out there? And it was gonna, it was blue.

Starting point is 00:28:53 And I texted my brothers and I was like, hey, should I tell this person that they got dad's old phone number? And my brother, one brother was like, no, don't do that dude. And I was like, yeah, I guess I shouldn't do that. I would like to know if I had someone's dead parents' old phone number.

Starting point is 00:29:08 You should just keep texting them saying like, dad, when are you coming home? Yeah, I could do it to go viral. You could. Wow, this guy said messages so his dead dad's full-dubbered and then finally this happened. And the this is, please stop fucking texting me. Get therapy.

Starting point is 00:29:27 See, this is insane. You're gonna treat your son like this. What's wrong with that? That's what you say to the guy. Oh, yeah, yeah. I, dad, don't gaslight me. How's heaven? Oh, son, I've got news for you. That's terrible.

Starting point is 00:29:41 I'm not implying that my dad's not in heaven. I'll just say it's hot as hell down here. I just don't think I believe in it. I think that we that's terrible. I'm not implying that my dad's not in heaven. I'll just say it's hot as hell down here I just don't think I believe in it. I think that we are in hell. You think we're in hell. I think we're in purgatory some kind of purgatory That's the tight thing about being a Jew. I don't remember learning early on They were like we don't believe in hell. We only believe in heaven and purgatory And I was like tight murder time Yeah, then I remember one time.

Starting point is 00:30:06 But wouldn't that send you to purgatory? Yeah, but it's better than burning, dude. I don't know. Hell always seems like sick when they, like, like little Nikki. Just like ACDC music and I don't think that's what it would be like, man. I don't think that's what it would be like at all. What do you think it would be like? I don't know.

Starting point is 00:30:24 A lot of itching and burning. It would be like at all. What do you think it would be like? I don't know, a lot of itching and burning. It would be like athletes foot, the body, on the body. I could deal with that. Yeah, okay. So speaking of Amazon, JeffyB, our big part man. Oh yes. Get it into the real estate game like everybody else. I mean, why not?

Starting point is 00:30:42 Yeah, I don't know if I believe this, because if Jeffzos, so there's this headline that came out that Jeff Bezos is It's not him personally. It's his it's the real estate company. He's backing. Oh, see that's fucking clickbait then man Because it made it seem like Jeff Bezos himself. Do you not read this stuff in the or you just look at? Oh, yeah, I absolutely I read him every time it what's going on. Yeah, I'm totally, I read him every single time. Yeah. So this is just you finding out stuff on the show. Yeah, yeah, well, I'm representative of the people who are listening and watching.

Starting point is 00:31:14 Right, you're going, I'm learning with you. You hear me talking, you go. So if you guys don't know who Jeff Bezos is. Yeah, Jeffy Kiss is. He's the guy who started the company that everybody uses for everything now. And we have a problem with, but we still use. He's the guy who started the company that everybody uses for everything now And we have a problem with but we still use because there's really no viable alternative. There's target but

Starting point is 00:31:34 Come on They ship you stuff and it's just like hey you you want to order One thing we're gonna put it in a box ten times the size that is necessary and somehow it's gonna be chewed up and like half open That's your experience of target. Yeah, dude. It's like every time they've got a they've got that spuck fucking dog You know spot the target dog and they're like hey chew on these before we send them out Okay, it's obnoxious. It's shitty. Anyway, so Jeff Bezos has a company that's buying single-family homes, huh? arrived homes It's not just a bunch of like a bunch of hot shit billionaires are invested in this This has a company that's buying single-family homes, huh? Arrive homes.

Starting point is 00:32:05 It's not just having a bunch of like, a bunch of hot shit billionaires are invested in this. But I mean, it's a, there's a ton of these companies now. I don't, you all right? Yeah, I'm just mad. Reading this, they acquire single-family homes to use as rental properties than sell shares of these properties to invest in. This actually isn't a horrible idea. Which, I mean, to make money, it's a horrible idea for

Starting point is 00:32:26 you. We got to get that shirt off of you stat because it's infecting your brain. Oh, yeah, we could have. I mean, the returns on this are going to be in tape. I'm just a new guy. I'm sorry, go on. Why is it a great, because I mean, they're obviously going to, they're going to make a ton of money.

Starting point is 00:32:40 Yeah. They're going to be short. They're going to have to rent. I mean, there's so many companies like this now You probably everyone's probably heard about flow that Mark Andreessen invested 350 million dollars into What is his name? Adam Newman's oh, yeah, the we work guys new. Yeah, but that one's fucking stupid. That's like a lifestyle thing where hey

Starting point is 00:32:59 If you're single or you don't have kids come live in this,. But it's not, they're doing the same thing, right? They're buying, they're not building communities. And that's the thing, these things are very good at, because they have these pitches, right? And what they're very good at is diagnosing the problem. They go, you know, no one can afford homes. There's a short supply of homes and you're going, oh man, this is so fucked up and they're like,

Starting point is 00:33:20 we have a solution. And then you kind of just like glaze over and you're like, they're gonna fix it. But how are they gonna fix the short supply of homes? So they're not building new homes. They're just buying up new homes with all, we have a solution. And then you kind of just like glaze over and you're like, they're going to fix it. But how are they going to fix the short supply of homes? They're not building new homes. Right. They're just buying up new homes with all their equity money. Right. And then they're going to, they're going to make sure you can't afford homes, but you can rent from them and live in their little shitty communities. So why is this a good idea? Because you can invest in rental properties. It's not a good

Starting point is 00:33:40 idea to fix anyone's problems. It's a good idea to make a lot of money. Oh, got it. How is this different from a REIT, a real estate investment trust, which is a publicly traded vehicle to invest in real estate? I don't know. I don't know about this. Oh, they are. They are. If you read the article, you could have been like, oh, we should talk about this. Oh, yeah. Okay. Let me just, I mean, I mean, it looks like they only own 165 properties with a value of over 60 million, which makes that's what money. Right. They're relatively tiny. Newer player, but then there's some of these other ones. Invitation homes.

Starting point is 00:34:13 There's an article where they can, they have enough homes to house the entire, obviously a very small nation. Iceland. Wow. That's a lot of home. They're portfolio of about 83,000 single family homes. I'm just it There's there's two sides to the housing as an investment coin. There's there's on the one hand Someone in the comments made a good point, which is that it's one of the few ways for people to build wealth Like like ordinary people. We've said that on the show. Yeah, but the other side of it is that

Starting point is 00:34:41 like ordinary people. We've said that on the show. Yeah, but the other side of it is that, you know, hedge funds and companies like this can just swoop in with their massive amounts, swaths of cash, and just buy up existing. Yeah, what do you mean the other side of it? Well, that's the other side of it. Is that the problem?

Starting point is 00:34:58 Yeah, that prices people out. Yeah, strong on it. Institutional investors, I think, in the last quarter hit a, like, an all-time high for buying up, they were like 20% of the buyers or something like that. You know why that is? Because we're continuing the financialization of everything. There's that.

Starting point is 00:35:15 There's that. It's that now these institutions have made so much money over the last decade from the easy money policies in the bull market that we've had. Now they just like, well, what else is there to do? Let's just fuck it. Let's just buy homes. And also it is a step beyond, you know how everything is subscription based now?

Starting point is 00:35:36 That's how every business now they get you. It's just everybody's siphoning money for me. Oh yeah, I mean, you don't owe anything anymore. Yeah, it's all subscriptions. Rent is just a software. You used to rent is just another kind of subscription dude. I'm telling you, dude, it's like the Netflix of houses houses. It makes you you got to subscribe to live, man. That's how they get you know, that's true. Taxes are just subscriptions. You're subscribed to the government. I wish I could handle it

Starting point is 00:36:05 I wish I could cancel my subscription if you know what I mean Have you ever talked to like one of those um, you know, one of those tech guys who think who don't realize that their idea is just like they invented taxes like they're like, you know Because they're okay fine. I'll give it to you like the government doesn't work right? It has its problems What about like communities funding their own, you know, infrastructure, right? And you're like, a little bit of money that you pay.

Starting point is 00:36:32 Like, you move into a community, right? And you guys all agree to pay like a certain amount. And then that pays for like, you know, public goods. And you're like, you're talking about taxes. No, no, no, no, this is different. Well, it could be different in the sense that they aren't elected officials managing those taxes.

Starting point is 00:36:50 In the sense that you would probably have more of a say where that money's gonna get allocated and you don't have much of a say. Currently. It would be tight if the government let you check a box for like, hey, where do you want all this to go? Me, I'm checking that 100% military. Give it to them, just give it all to them.

Starting point is 00:37:10 We're pretty close to that already. Yeah, we are pretty close to that. Do you want to give any to schools? Fuck no, man. I do find it, we're getting in that. That's a joke, by the way, I'm kidding. I want it all to go to. What do you want it all to go to

Starting point is 00:37:25 At this point infrastructure public transportation. We got to get we got to get This is a century. Oh back to we need our We need a subway system for the country Yeah, dude fucking Japan. I mean that is It's infuriating and I honestly think I'm gonna have a mental breakdown when we get to Japan because we've been planning our trip and Ben's like, we should go to this place. I'm like, I guess it looks so far though.

Starting point is 00:37:54 And he's like, it's 20 minutes. He's like, it's gonna take 25 minutes on the bullet train. And you're like, holy shit. It's infuriating. Mm-hmm. We're not gonna need a car the whole time. Oh, but we got Amtrak, dude. Amtrak, oh wait, what is this?

Starting point is 00:38:07 Is this where we are? Column vote is currently docked. Oh, that's where we're docked? Wait, wait, what the fuck? We are currently docked outside Japan. Well, this is news to me. I hope we're not near Fukushima. The waters are radiated.

Starting point is 00:38:29 Sure, sure, sure. Oh, maybe it'll give me a superpower. Anywho. I think you want to talk about this Nord Stream thing? Sure, let's talk about it a little bit. Yeah. Yeah, baboo. Okay, so...

Starting point is 00:38:43 If you've been living under a rock, boy, you must be flat as hell. You must be a damn starfish. You just can't help a rock. No, man, or a bug. You know, you lift up a rock when you're a kid, and I remember thinking, how the fuck do these bugs survive under here?

Starting point is 00:38:57 They're under a rock, man. It's crushing them. How are they not dead? They've different bodies. I guess. Gravity effects. I guess. Gravity effects. I guess. I guess those roly pulleys,

Starting point is 00:39:08 or if you're from the East Coast, what do they call those things? Rolly pulleys are called, we call them roly pulleys. Nia, but there's a different word. Circle bugs. The fuck? Ball bugs.

Starting point is 00:39:17 No, no, the pill bugs. Yeah, I guess. That's probably like a Montana thing. Freaks over there. What do you call the bugs that have the lights on there, but? Fireflies. Well, yeah, we say both. We don't have them here, so it's true.

Starting point is 00:39:33 Have you ever taken the New York Times quiz where they can guess where you're from? I'm not a Neolib. I don't read the New York Times. No, wait, I'm kidding, but what? It's like an old quiz. It basically asks you a bunch of questions, like, what do you call this? What do you call that?

Starting point is 00:39:47 What would you say if someone just, and then at the end, they're like, you're from New Jersey, you know? Wow, you got it. I didn't need a quiz to tell me that. I know, like, that's the whole thing is, hey, what do you call a highway? Do you say the 605, or do you just say 605?

Starting point is 00:40:01 I say the 605. Wow, then you must be from California. Whoa, you got me, Copernicus. Damn, all right, anyway. Nord Stream is... Ben is like, this coffee, baby. I got this, I got this. Should we move it over here for a second?

Starting point is 00:40:17 No, no, no, I'm fine. So it's the boat, man, I got my sea legs. Okay, they're huge. I'm worried about what you're gonna say about Nord Stream, this one's a bit delicate. There's a piss joke in there, but I can't make it. I can't put it. I don't think there is a piss joke in the Nord Stream.

Starting point is 00:40:32 Yeah, well, because stream is piss. Also, I'm fucking, I like this. I'm gonna become a bad guy. I like being a bad guy. You can be one of those good bad guys. No, I wanna be a bad bad guy. Yeah? Yeah. Yeah damn so racism then Okay, well you heard it here first folks

Starting point is 00:40:51 Yeah, now let's talk about wait can it just be racist against whites? Yeah, cuz we're gonna talk about these geopolitical issues And yeah, no one safe. I think they should round up all white people and put them in camps. They would love it round up all white people and put them in camps. They would love it. White people love camping. Not that kind of camping. Not enforced camping. Oh, you're giving some granola, they'll be happy. As a Jew, I'm surprised you have that.

Starting point is 00:41:15 What have that thought? You know, part of me, that's the thing about us. We find, we're like roaches, you know? We find, we find a way to mind We find, we find the inner mind. That is not the views of the child. We would never think of Jews as roaches. Ben just had too much coffee, I think. I'm not even done with it either.

Starting point is 00:41:34 Are there any other, necessarily, you'd like to call roaches before we don't? Why do you think about it? I'm just trying to think of what else I have in my genetics so I could say that. I think I'm part Scandinavian? Roaches. Yeah.

Starting point is 00:41:52 The Roaches of the North. The people with brown hair and pasty skin and green eyes. Absolutely. Well, this is the Jew. Any hey, wait, Nord Stream, we got the part two, the pipeline that they just finished building that was supposed to supply all of the natural gas from Russia to Europe via Germany. Back in February, President Biden was on the record

Starting point is 00:42:19 just like being interviewed, saying that if Russia invades Ukraine, the Nord Stream two will, will like come doing it. We're going to stop it. And someone says, incredulously, how would you make that happen? How would you make that happen? Germany's in control. Germany's in control.

Starting point is 00:42:36 He said, just trust me, Jack. It'll go away. It'll go away. Victoria Newland famous. She's been in like every state department since fucking like I don't even know 90s since George Washington She said this she said a similar thing and I don't have you said what happened so both pipe both Nordstrom one and Nordstrom to both of them got bomb

Starting point is 00:42:59 Yeah, there were explosions holy shit and so and each Both Nordstrom one and Nordstrom 2 are made up of two pipelines. So it's four total pipelines. I think one of the pipelines in Nord Stream 2 is still operational. Got it. And now under the Baltic Sea. Yep. And now there's a whole, and this is, it carries natural gas from Russia to Germany.

Starting point is 00:43:21 Right. And now there's, it's a big who-done it. Yeah. Three separate leaks erupted from the Nord Stream one and two pipelines. And everybody's now, it's obvious that it's not accidental. Like this shit doesn't just happen one and doesn't just happen two in these three different locations. And three, as if this wasn't confusing enough, it, they don't just, you know, during this time with all the geopolitical shit that's going on, it's obvious that it was deliberate. And there's a lot of speculation that it was us, that it was America.

Starting point is 00:43:52 There's also a lot of speculation that it was Russia. There's also a lot of speculation that it was Poland. Really? Why Poland? Well, that's the whole thing. They're trying to... Well, because famously Polish people are... I know. I see, I can say that because I'm Polish. You, because famously Polish people are. I know I see I can say that.

Starting point is 00:44:06 You don't explain everything. Well, people might not know that that's an old trope that polls are stupid. They'll get there. Okay. I don't know. But no, but they're all pointing fingers and it's getting a little bit partisan too. So, you know, some, some more right-wing people are blaming the Biden administration. Righter Carlson had a big long segment saying I don't know who did this was it Russia? Yeah, I can do it. No, no, not was it Russia? Was it the Biden administration? Yeah, the New York Times article that we were pointing to they it was the same I think the title of the article unless they changed it because they sometimes do that was Yes, they did it. They There's such little fucking shits,

Starting point is 00:44:46 but they literally said, who bombed the pipe, like who sabotaged the pipelines, and then in parentheses, was it Russia? Well, I was reading and I have no idea who said it, so it's all fuck all, but there were like Russian submarines that were spotted near the pipeline or something, and I forgot what the... Well, because Tucker Carlson's whole thing, wormy, piece of shit, Tucker Carlson, let's

Starting point is 00:45:16 just listen to a second of this so I can refresh or get it primed, because I can do it in person to him, I think. If you were Vladimir Putin, you would have to be a suicidal moron to blow up your own energy pipelines. That's the one thing you would never do. Natural gas pipelines are the main source of your power and your wealth and most critically your leverage over other countries. Your needs, your...

Starting point is 00:45:40 I want to do... I do what I don't. I just fucking hate him. Yeah, I know. your I want to do. I do it. I don't. Yeah, I know. I want to do it from the other perspective of why of Russia. I do have to agree. I have a hard time seeing the Russian motive of, you know, they could have just turned the fucking things off if they wanted the power. Fuck, I read it just this morning on why Russia would have

Starting point is 00:46:03 done it, which is to provoke and further escalate things. But then why not just turn them off? They already did turn them off. I know. So what, what are you accomplished by blowing them off? Because it gives them an excuse to, to then ratchet up the rhetoric that they're being attacked. And then therefore, they're defaults for that. Yeah, they're, oh, it's like Germany with the Reichstag fire. Okay. It was a major turning point in World War II.

Starting point is 00:46:29 So they're trying to start a full blown war. Yeah, I think so because they have nothing, Oh, there it is. Was it Russia? Was it Russia? So who really did it? Who? Wait, give me, I, Tucker Carlson would have to be,

Starting point is 00:46:42 so Tucker, we've invited you on today to talk about the Nord Stream 2. No, no, something more way more trivial because normally he's so Grimmis He used to be the guy who would try to steal your milkshakes, but now the liberals want to make him the guy who I like when he encourages trans teens to transition I like when he gets mad that he no longer wants to fuck fictional characters. Oh yeah. Grimus used to be fuckable. Grimus used to be fuckable. One might even call him thick.

Starting point is 00:47:14 Now, not so much. Because of the woke? Wokeism has even infected our precious fast food characters. Look at him now. He's unfockable. You wouldn't... Because of our fat is beautiful culture, we have rounded out grimace. Grimiss. Grimiss used to sport a very attractive rack. But thanks to the Kim Kardashianism of everything in media now, Grimiss is only... just I don't know bottom heavy. Dremus, you said he's not. Dremus used to have a visible bulge.

Starting point is 00:48:11 Arguably, arguably one of the most masculine characters in the entire McDonald land, lore. That is what he looks like he's getting sucked off. Ah, no, he's pouring coffee on himself. Have you ever seen the, Hey, Luke, can you please Google what's the matter? Are craving my McNuggies? Do you know exactly what I'm talking about?

Starting point is 00:48:34 Oh, wow, you're gonna love this. It's a fan fiction that was very popular. I don't know if it was popular, but. Oh, yeah, I remember this. Damn, Grimmis did used to be fuckable. Oh yeah, look at that. Talk about cake-dup. For the audio listener, it is a very caked up,

Starting point is 00:48:52 fuckable looking. Tucker Carlson would lose his mind at this. You can tell him that this is real and he'd believe it. So now McDonald's wants us to believe that Grimmis is fuckable and has a thick ass. But who would want to fuck this? I don't know what this is or where I'm going. But so I- You just wanted to prove that you could do Tucker Cuts.

Starting point is 00:49:15 Yeah, yeah. And I think, well, I wanted to do- There's no one out there who can say that you can do it. Yeah, nobody, it's very easy. You just have to sound like you're- All right, what are you going to say about the point? Well, I think that it was Russia. I think that it could have been America,

Starting point is 00:49:29 but I think that... Damn, I actually don't know. I'm on the fence, I'm thinking... I was gonna say, neither of us have any idea. No one has any idea. The CIA probably knows. But if people are telling you they know they're lying. We can all speculate.

Starting point is 00:49:47 Honestly, you know me. You think it was America. Yeah. Yeah. They strapped it to some bombs, to some dolphins, that they've been training for a while. Send them down there. I mean, also the fact that the Baltic pipe came online so quickly is fucking very odd. What do you mean?

Starting point is 00:50:07 The Baltic pipe is the, it's a new pipeline from, that brings natural gas from, I believe, Norway to Poland now. Oh, shit. And that's great. Through Denmark. Oh. And so Europe will not have to be reliant on Russia's natural gas. Part of the speculation of why it was America was because if it's blown, if it was still there

Starting point is 00:50:31 in place intact and winter comes and Germany is just absolutely suffering and they say mercy, turn it back on, please. And Russia says, okay, stop supporting Ukraine they could say okay sure america would effectively force europe to stay in the fight by removing that factor altogether right that's i believe that was what tucker dipshit was saying but who knows maybe it's gone it blew up the. The thing about it is, it's very scary. It's starting to feel a lot like we're living through history. And that's never fun. I mean, technical, that's like saying every photo of you

Starting point is 00:51:14 is you and you're younger. Like, yeah, we're always living through history. I'm kind of referencing that, you know that quote where it's like, there's, yeah. May you live through interesting times or whatever? No, why say yes Because I thought I knew dude It's like it's there's there's 10 years go by that feels like nothing happens and then there's you know 10 minutes that go by and where everything

Starting point is 00:51:36 It feels like you get it, you know what I'm saying. Yeah, no, I totally follow what you say, but it feels like it's between what you're saying. But it feels like it's between markets crashing everywhere, like economies turning upside down everywhere, potential nuclear war between the two biggest nuclear powers. And I don't think it's going to happen. An entire continent may be freezing to death over the winter. Yeah. You know, I mean, and they get the most, Europe is obviously going to get the most coverage, but there's a ton of countries where all of this. We're going to have a huge problem importing energy, right? Yeah. And it's only going to get more and more expensive.

Starting point is 00:52:16 It's not going to be good. I mean, and not only that, so you're also seeing. You okay? Yeah, I'm fine. I just took it breath go ahead we're also seeing what you're seeing you know political unrest in these countries too right it's you know Italy just elected fuck what's her name Georgia Mulani yeah Georgia Spaghetti you know bit of a has some fascist roots I don't know anything about her so I'm keep I I just saw what she said in response to McCrone this morning.

Starting point is 00:52:48 What did she say to McCrone? Well, because McCrone said a bunch of nasty things about Italians or something. Like what, like that word? Like seriously, he's, I'm gonna be pissed, tell me. He said a bunch of, he said that you smell like Marinara sauce. Oh, give him that. Yeah, but no, he did.

Starting point is 00:53:04 My fingers always smell like garlic. He said some you smell like marinara sauce. I'll give him that. Yeah, but no, he did. My fingers always smell like garlic. He said some things about Italians and this woman responded and called out France and I was scrubbing through it, but one of the things she calls out is their exploitation of Africa and the minds and stuff and saying that they import 30% of their uranium from Africa, meanwhile 90% of the people in that country that they export it from

Starting point is 00:53:27 doesn't even have power and just calling them out and basically saying you guys are hypocrites, what the fuck? But anyway. Oh, I mean that's if well, and that's the problem, right? It's you know the the neoliberal class that has ascended and ruled for decades now has They're very easy to critique. It's like what I was saying before. They make, these problems are very easy to diagnose and it's very easy to get people behind you when you can diagnose the problems.

Starting point is 00:53:53 It doesn't, you don't necessarily have to have the best solution. You just, you just get people pissed off. And that's what's happening. You know, the energy crisis, all across Europe, it's fucking so expensive. You know, housing prices are gonna go up. It's, I was reading in the UK, it's different than here with,

Starting point is 00:54:08 you know how you get like a fixed, well they drive on the other side. Dude, you gotta be careful with how hard you slam the table. You don't know your own strength. You got grimace strength and you don't even know it. Just go. No, no, just go. You were kidding. Just because I insert a little joke like that,

Starting point is 00:54:24 that doesn't mean you can't continue your point. Yeah, it's crazy. Expensive over there. I don't remember what I said. It's different. You were saying it's different. Everything's different. Different. How? What was I saying? You were saying rent and stuff and how things are done over there. It's different. I don't remember. Damn, I apologize. You turned red like Marin Harris. I I'll say, tell you that. But speaking of the UK. Oh, it's different. In America, you'll get a fixed 30-year mortgage, right?

Starting point is 00:54:51 You'll get locked into a rate. I'm pretty sure they get new rates like every two to five years. So now with everything that's happening. Automatically? I don't know exactly how it works. I was trying to look into it. So people, you know, they're getting hit with huge energy prices.

Starting point is 00:55:04 And they're with the, because the UK, the Bank of England is also going to be raising rates. They're going to be having much higher housing payments. Also, the Bank of England just narrowly averted a huge fucking disaster. I don't know if anybody saw this or was paying attention, but the British pound like fully almost, you could call it a collapse over the last week. Just fucking collapse. Yeah, other countries are, are, they're saying their economy looks like an emerging market.

Starting point is 00:55:33 An emerging economy. And an emerging market is one that's a lot more volatile. And yeah, UK and turmoil as governments gamble to solve economic woes fuels the crisis instead. So they've got this new, they've got this new prime minister Liz Truss and in Liz we trust. I like that. So in Liz we don't trust. She's not, I don't really understand exactly what happened because I haven't been able to dive into it too well, but basically their bond yields were skyrocketing because there

Starting point is 00:56:07 was an all out liquidation of the bonds themselves. And for those of you who don't remember, there is an inverse correlation. When bond prices go down, the yields go up. And they basically had to step in to provide liquidity to prevent it from further going absolutely bananas. Right. And they're going to prevent it from further going absolutely banana. Right. And they're going to be injecting like five billion pounds every month. Yeah. Something like that. There it's it's it's not good. But and they there was one banker who said that it was close to their Lehman moment. And Lehman famously was the big tinder box that finally ignited

Starting point is 00:56:46 in America. Yeah, they were talking about it in the financial times yesterday about how people don't really realize that we just we just diverted a huge crisis. Yeah. So, hey, maybe we're near a bottom because that was the same thing that happened in 2008, 2009 is like we were hours away from a huge crisis until the government stepped in and did. But that's what is making me nervous.

Starting point is 00:57:06 There are all these little things, right? And it feels like the big thing just hasn't come yet. That's what's like, it doesn't all just happen at once, right? You just kind of start to see it happening and like there's no way, it seems like the people in power have no real ability to write the ship, right? Yeah. They throw Boris Johnson out and they're like,

Starting point is 00:57:24 okay, Liz Truss is now gonna turn the ship. Right? Yeah. They throw a Boris Johnson out and they're like, okay, Liz Trust is now gonna turn the ship around. I think the like someone put up the two the two covers of the economist. I can't remember exactly, but you know, the first headline from like a month ago was Liz Trust and they were like, she's she's the woman for the job or whatever. And then it's just the one that came out this week was just her on a sinking ship like, she's fucked. whatever. And then it's just the one that came out this week was just her on a sinking

Starting point is 00:57:45 ship like, she's fucked. There is a at least to your state side, there's, I don't know what you'd call it, but there's a popularism or something that you can gauge major turning points in the market by what's on the cover of the economist. Like right before the, was it before COVID crash? Right before some big, I think it was before the COVID crash. There was a economist cover that had like all these, it was an anime, an illustrated picture of bulls, like marching, running towards you,

Starting point is 00:58:20 and it was like Microsoft, Google, Apple, Amazon, and it was like the new tri, the new bull market is here, and then a couple of, Google, Apple, Amazon, and it was like the new boom market is here and then a couple of weeks later boom it's gone. And then yeah, you look. They're the gym creamer of the, yeah, they're kind of the gym creamer of the, literally, or a magazine world. Of the magazine world. Speaking of, we've got to get to the Fed because there was this guy, who the fuck is Jeremy

Starting point is 00:58:44 Siegel and he's a professor at a U-Pen at Wharton School business. There we go. So this professor at U-Pen said what everybody's thinking and he just really went off. He was on MSNBC the other day and let's listen to a bit of this. Mark, money supply data, which is going to show the greatest decline in five months that the the What is the record decline in the money supply me? I mean, what is what is the collapse and commodity prices mean? What is the lag construction of the of the I love that he's got transitions lenses. Of course. That's the old guy move keep going please better 40% of the core inflation Which you know are are going to are going to filter through inflation for the next 12 to 15 months Is that what he's looking at? Why is it looking at that? are going to filter through inflation for the next 12 to 15 months.

Starting point is 01:00:06 Is that what he's looking at? Why is it looking at that? That's not an accurate view of what housing inflation is. I mean, there were no hard questions. There. You know, there were 15 orders there. I know, that's the thing. No one's in there asking these fucking questions. I don't really understand what's going on.

Starting point is 01:00:24 And, and, I mean, it's nice to see him screaming about it. And now, you know, you're seeing some of these things in mainstream sources about like what the fuck is that doing? You know, what the real consequences of this will be. And but the most powerful man. But people have elected man Jerome. People have been talking about what the Fed's doing

Starting point is 01:00:43 and their plan for a while now, it's just no one has been listening. Yeah. So it's nice to see this guy. I mean, I don't, cause this is just two minutes, but I think he went on for a while, but there was one video I saw where he's talking about, he's like, they're talking about lowering wages

Starting point is 01:01:00 when you're seeing record corporate profits. He's like, why does this have to come off the backs of employees? I don't understand what the fuck is going on. Yeah, it's truly insane. It's clown world. Can we go back to the outline please? There was Stan Druckenmiller, my favorite trader guy.

Starting point is 01:01:16 He was interviewed at a conference the other day. And he's saying something that's very pertinent, which is, this is a quote from him. All those factors that cause a bull market. A bull market, for those of you who don't know and remember a bull market is good, it goes up. All those factors that cause a bull market, they're not only stopping, they're reversing, we're in deep trouble. You don't even need to talk about black swan events to be worried here. The risk reward of owning assets no longer makes a lot of sense.

Starting point is 01:01:49 So that's, I mean, that's basically shit's not good. And he said something here that's kind of what I've harped on before. He said, my boss, my first boss told us what's obvious is obviously wrong. It's already reflected in security prices. If everything is rosy, it's already in the stock price. There's nobody left to buy. It's not an accident that almost every stock market bottom happens during a recession and during lousy earnings because it's all priced in, right? Like we talk about that sometimes. And every top happens with consumer confidence high, not low. Like because there's nobody left to buy, that's kind of the kind of thing here, which is,

Starting point is 01:02:24 you know, that's no news to anybody, it should be. Our central case is a hard landing by the end of 23, 2023. I will be stunned if we don't have a recession in 2023, and I will not be surprised if it's not larger than the so-called average garden variety. So, there's a lot to unpack here. Can we scroll down a little bit? And I know we're short on time, but.

Starting point is 01:02:52 Yeah, basically everything that gave us the bull market is being reversed. We had quantitative easing, easy money via low rates, free movement of trade, geopolitical peace. All of that is like going in the other direction. So, you know, it's not good, but as we were saying yesterday, it feels bad because we're coming down off of such a big high high, right? When you look at all the charts that people are throwing up, it's, it, it always looks like the steep drop off, but then if you pull out a little bit, you can see everything going absolutely apeshit for two years.

Starting point is 01:03:26 Yeah, and now it looks like it's returning. It's a reversion to the mean kind of thing. So like, for example, here, Goldman Sachs has their year end target for the S&P 500 at 3150. Relative to the post COVID high of 4,800, that's a big drop. But even if it happens, even if we see 3150, it would still be in line with historical averages for bear markets. So it's like, it's all kind of, I'm just trying to give some perspective here so that you don't fucking panic. And that's the thing too, is everybody talking about a

Starting point is 01:03:57 recession, you're gonna fucking will it into existence. Everybody needs to chill out, especially you Jerome Powell. You're gonna say it's not other people willing this into existence. There's a handful of people willing into it. Yeah, and I fucking hate him. I like, if you're Jerome Powell, I don't understand what you're thinking. At this point, we all know that you're trying to stop inflation, right?

Starting point is 01:04:17 But you can only stop inflate, you can only, your tools are so limited. You can only, your tools are so limited. You can only affect so little. Your tool, you're going to build a house with a fucking screwdriver, right? Maybe and a hammer, I don't know. But there are. That's all it takes, folks.

Starting point is 01:04:35 They're hiking rates into market conditions where historically they would pivot and pause or lower rates. Yeah, but he said they're gonna keep going. Yeah, and that leaves us incredibly vulnerable, right? Because their hikes could potentially crash the economy while we still have high inflation. You don't like that?

Starting point is 01:04:54 No, I don't like that. They can't fix the other causes of inflation. They can't fix supply chains. They can only affect the demand side. And that's their tactic. Like at this point, all power would have to do is say, okay, we're gonna pause. We're not gonna hike anymore.

Starting point is 01:05:12 That would be enough, that would cause enough momentum and positivity to the upside in stocks that could have a reverberating effect elsewhere throughout corporate America and whatever the fuck parts of the economy that everybody would at least be able to take a breather and go, okay, the thing that is causing interest rates to skyrocket and the fucking dollar to skyrocket and stock prices to drop and everybody to collectively lose $9 trillion of wealth that has just been erased. He has the power to at least,

Starting point is 01:05:46 like put a turn a kid on and stop the bleeding, but he's fucking not, because he thinks that the only way to stop inflation is through the rising interest rates. Right. Suck my dick, Jerome Powell. Suck my dick, my whole mouth. Also important to note, that nine trillion dollars

Starting point is 01:06:02 of American wealth that's eight trillion of it was from the top 10 percent good good Good fuckers fucking Mark Zucker corn with your You know they'll say the they'll say the number. They're like well nine trillion dollars So people are gonna be they're gonna be pulling back spending and then they're like wow, that's like all coming off Rich people they're gonna they're still gonna spend I Fucking I'm so mad, man. I, uh, Powell waited so long to pivot.

Starting point is 01:06:30 He waited too long so that the medicine that the market needed would have the worst effect on it. People were saying for the longest time, like, why are you still keeping interest rates at rock bottom when the stock market has surpassed the pre-COVID levels? When everything is looking rosy, when employment is plummeting, you're delaying the inevitable and you're making that inevitability,

Starting point is 01:06:56 all the more painful when you finally do it. Right. So that's why I say again, suck my ass, Jerome Powell. Maybe he will. God, don't look like I could be his son now. Yeah. Dad? My dad runs fat.

Starting point is 01:07:11 Dad, stop raising interest rates. It's just crazy. Can I have $5,000, please? Dad, I'm behind on rent again, but seriously, with the interest rates. You serious? Dad. He's worth like a hundred million dollars. I got to do maintenance on the boat Yeah, again with the shoe on the desk. That's cool. That's a well. I'm trying to show everyone the I'm I'm Jerome Paul the baby boy. Yeah, he's baby boy, but so personally

Starting point is 01:07:42 That so the the spy the S&P is at a is at a crucial juncture everybody's watching this like 360 dollar level because on the weekly chart that was the That was the June low we put in a big low in June and that's where now everybody's Expecting the line in the sand to hold again and we hope that it does But if it doesn't the next spot that everybody's looking at is the, we've talked about the 200 day moving average, right? As being a big long-term trend that you want to hold. Well, we're currently below the 200 day moving average.

Starting point is 01:08:18 And nothing good happens below the 200 day because you're under the long-term trend. But on the weekly basis, the 200 weekly period is just below at around 348. So that's the next level that everybody's watching. I personally think it's probably going to break below it. If I keep putting, if I, every time it goes lower and I keep putting money into that bad, no, great. Because guess what?

Starting point is 01:08:43 When he keeps going, you get to buy more. That cheap. Yeah. But it's starting to get a little hairy. It is. It is. So, and this is what scares me is that we're entering uncharted territory in terms of what this market will be. Are we going to just, is this a new, is this a new paradigm where we're just, hey, now it's a different market than we've been used to for you. You're boy Stan Druckenmiller also said. He thinks it's going to be sideways for 10 years. Yeah. But sideways.

Starting point is 01:09:10 That doesn't make me feel great. Sideways can mean a lot of different things. Sideways can have. It actually can't. It's usually just the one thing. Well, no, it doesn't mean that it's going to be unchanged. And it means that, yeah, over time, and depending on when you start that measuring stick, if you're starting from 4,800 two years ago, or last year, whenever the fuck, yeah, in 10 years, it might take us

Starting point is 01:09:33 to get back to that point. That's no good. Great. I didn't start back then. Yeah. Well, I mean, you look at what happened to Japan. It took Japan like 30 years for their market to eventually get back to their all time high. But that high was also put in, that's bad if you bought back then, sure. But from the bottom, if you were buying at the bottom, then you're sitting pretty. Buying at the bottom, I mean, dude, that's, there are some people who are like,

Starting point is 01:10:03 I know it's probably a joke, but you see people rooting for the housing crash and everything. Yeah. Because they're like, oh, I'll finally be able to afford a home and it's like, that's not how it's gonna work. And you know, what's gonna happen is what happened in 2000, all these cheap homes are gonna be,

Starting point is 01:10:16 all these fucking flows and arrived homes and invitation home, just gonna buy up houses. Yeah, there's a lot more money out there than there was. There's like 10, there's trillions of dollars. Every home. It's just gonna get gobbled up. Yeah. Everybody's got the same idea.

Starting point is 01:10:29 I got to scrape together a down payment when the fucking market crashes. Dude, we got it, I mean, this got to commit some arsoners. I want, I got to, I got to get some kind of like foreclosed home in Pasadena or something. It's my only shot at ever. So owning home. Yeah, God forbid, I really hope not.

Starting point is 01:10:47 I hope it's not a really shot. But I personally, okay, so a couple things. So I think that this is my kind of prediction. I'm watching for, I think that we're going to break below that 200 weekly moving average because everybody is expecting it to hold in the minute that it doesn't. There's going to be a little bit more of a flush down to a big, big level, which is around 340 on the spy, 3400 on the S&P. But that brings us into, there's also this October seasonality, right? September is historically the worst performing month, but then October usually is a big turnaround.

Starting point is 01:11:23 I think that we might break that seasonality trend, and I think that October could see some further lows, but then I think that that sets us up for a big bounce into November. That's what I'm positioned. That's what I'm angling for and looking for. Great. And it'll also line up with us being in Tokyo because when I travel, when I travel, shit happens. And I suspect that the, and a lot can happen between now and then all it takes is travel shit happens, what you like miss out on stuff.

Starting point is 01:11:50 Yeah. It's like, it's a thing. No, that's like in your mind. Well, it's because I'm the main character. Right. Oh, now everything's happening. Yeah, naturally. But I do want to point out.

Starting point is 01:12:00 I'm not going to trade when you're in Japan. No, I'll bring my laptop. But I guess the time zones are going to be. Time zones are going to point out. I'm not going to trade when you're in Japan. Yeah, I'll bring my laptop. But I guess the time zones are going to be fucked. But interestingly, Netflix is one of the only stocks that has been kind of holding up relatively well, and that's one that I've been, I still think I'm holding. Well, here, do you keep seeing all these headlines about how, like I just saw one, that they're, you know, more and more people are leaving. Netflix?

Starting point is 01:12:23 Yeah. But I guess they're waiting for that ad tier. Yeah, that ad tier is gonna be a huge, you're so stoked for it. I think, yeah, I'm gonna rejoin because I don't give a shit. Cause you don't give a shit? I'll pay $9 instead of $20

Starting point is 01:12:36 and have some commercials. Hey, it gives me an opportunity to get up and go pee. Check my phone. Check my, check my rice cooker. Check what's going on. Hey, what? Go ahead. Well, I made some ground turkey last night, and I'm pumped on it because... Why did you say like, hey?

Starting point is 01:12:53 Well, because I was going to say something else, but I did just want to point out that I'm excited to get my cholesterol under control. It was so good, and it was so easy to cook, and it tasted yummy. That about wraps it up for this episode of Trilidad Bodset. Stay tuned for after hours where we talk about the CIA is launching a podcast. We fucked up an asteroid. Mgt is single. What?

Starting point is 01:13:20 McKenzie McKenzie Bezos is single again. She got divorced. Do you look at the fucking thing when I like to be surprised We're talking about liver kings ass What and much more where that came from so if you haven't already go to the team G studios that TV Subscribe to us and remember I'm a bad guy now. Yeah He's got dog shit on the bottom of his foot. I've been smelling it the whole time. No, but I can't see your bulge for those khakis. Nice dick. Wait, what's the we the we thing? The meme? Nice cock. Do you know what I'm talking about? Do you know

Starting point is 01:13:55 what I'm talking about? Yeah, everybody knows except for you. Can we get the float on the bulge? No, we're not doing that. So that's about wraps it up. Leave a comment if you liked this episode. Subscribe, tell a friend. Hell, tell five. See if I care. Tell 10. Tell 10. Tell all if you got 10.

Starting point is 01:14:15 If you don't have 10 friends, make some more. Go up to people. Use this podcast to make friends. Point aggressively at a stranger. Listen to this. Yeah. So long long everybody. This week on After Hours. Gone. I watched Jonah Peretti.

Starting point is 01:14:40 Suck Off Bencon. Make us go viral. Me or one of the guys he cheated on his wife with a shot. Yeah. Please.

The Trillionaire Mindset - 53: WE BOUGHT A BOAT

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