1 00:00:00,280 --> 00:00:06,000 A lot of mischaracterizations John about exactly what's happening here. And you have to 2 00:00:06,080 --> 00:00:11,240 understand. All the bond does is stay the plaintiff, in this case, 3 00:00:11,279 --> 00:00:16,239 the State of New York from enforcing the judgment, which means property seizures, 4 00:00:16,719 --> 00:00:20,800 bank accounts, all that stuff. That's all it does. If he didn't 5 00:00:20,800 --> 00:00:24,879 post the bond, he still could have pursued the appeal, but then if 6 00:00:24,920 --> 00:00:27,800 he won, he would have to like go to New York State and get 7 00:00:27,800 --> 00:00:30,719 his stuff back, and you can only imagine what that would be like. 8 00:00:31,000 --> 00:00:36,000 So this is a victory for him. You're listening to Carrie Let's's Financial Survival 9 00:00:36,039 --> 00:00:41,520 Network, where you get valuable information you just can't find anywhere else to thrive 10 00:00:41,600 --> 00:00:47,159 in today's trying times. You need the Financial Survival Network now more than ever. 11 00:00:47,719 --> 00:00:52,320 Go to Financial Survivalnetwork dot com and get your free newsletter and gift. 12 00:00:52,880 --> 00:01:02,240 Financial Survival Network now more than ever, and welcome. You are listening to 13 00:01:02,479 --> 00:01:06,120 and watching the Financial Survival Network on your host, Carrie Lentz. It's three 14 00:01:06,159 --> 00:01:11,159 twenty five, twenty four. Big news on the Trump front and big news 15 00:01:11,200 --> 00:01:15,040 on the inflation front, as well as a couple of other fronts out there 16 00:01:15,079 --> 00:01:23,840 crypto bitcoin back over seventy thousand, shocker of all shockers, and John Rabino 17 00:01:23,159 --> 00:01:27,719 is with us now, John, So that has the FED thrown in the 18 00:01:27,760 --> 00:01:34,319 towel on inflation, Hey, Kerry, kind of maybe, because you know, 19 00:01:34,359 --> 00:01:38,920 inflation, especially the services part of the CPI in other words, insurance 20 00:01:40,359 --> 00:01:46,519 kinds of Thames and healthcare stuff like that, that's still in the four percent 21 00:01:46,640 --> 00:01:51,200 plus range, which is twice the FEDS target range, so that you wouldn't 22 00:01:51,239 --> 00:01:56,840 normally think a central bank would hut interest rates in the face of four percent 23 00:01:56,879 --> 00:02:02,400 inflation, record stock prices, record house prices, and be low four percent 24 00:02:04,120 --> 00:02:07,799 unemployment, right, but they're talking about doing it. They kind of intimated 25 00:02:07,240 --> 00:02:13,960 three cuts this year, and if they go with that, then monetary policy 26 00:02:14,080 --> 00:02:16,840 starts to be easier. At the same time, fiscal policy, in other 27 00:02:16,840 --> 00:02:23,400 words, government deficits is massively stimulative, so you would have the whole government 28 00:02:23,879 --> 00:02:27,800 stimulating the economy at a time when you know, inslation is high, stocks 29 00:02:27,800 --> 00:02:30,840 are way up, and so then we're kind of talking about stagflation there because 30 00:02:32,319 --> 00:02:37,439 the economy, despite all those good headline numbers, isn't growing very fast or 31 00:02:37,439 --> 00:02:40,199 anything, because most people are saddled with a lot of consumer debt, which 32 00:02:40,240 --> 00:02:46,879 limits consumer spending. So you would have modestly growing, if growing at all, 33 00:02:46,919 --> 00:02:53,360 economy and inflation at four percent and maybe higher with all the new money 34 00:02:53,360 --> 00:02:58,439 coming in and the government easing even further. So that's the nineteen seventies over 35 00:02:58,479 --> 00:03:01,120 again, only you know, on steroids, because the numbers are all so 36 00:03:01,280 --> 00:03:06,199 much worse now. You know, we had a pretty good financial system, 37 00:03:06,280 --> 00:03:09,520 pretty rock solid back then because we had relatively little debt in the nineteen seventies. 38 00:03:09,719 --> 00:03:15,960 Now we're massively indebted. So take the nineteen seventies kind of conditions, 39 00:03:16,039 --> 00:03:21,560 easy money, rising inflation, rising interest rates, that kind of bit transplant 40 00:03:21,560 --> 00:03:24,039 it to today, and you've got a nightmare. You know, something that's 41 00:03:24,120 --> 00:03:29,599 just completely unfixable, and that might be kind of where we are now with 42 00:03:29,639 --> 00:03:35,919 the Fed talking about no way out, no way out. Well, you 43 00:03:35,960 --> 00:03:39,240 know, one of the indicators that's flashing that what you're saying is correct is 44 00:03:39,360 --> 00:03:45,360 look how long gold has been over two thousand and now over twenty one hundred, 45 00:03:45,439 --> 00:03:50,520 and intra day last week it hit twenty two hundred. So the gold 46 00:03:50,599 --> 00:03:54,680 market seems to be agreeing with you. Yeah, gold is obviously a signal 47 00:03:54,960 --> 00:04:00,599 that people are losing faith in the big FIAC currencies because driving the price right 48 00:04:00,639 --> 00:04:06,960 now is in part central bank buying. The central banks, especially Asian central 49 00:04:08,000 --> 00:04:14,120 banks, are buying massive amounts of gold, which implies that they see currency 50 00:04:14,159 --> 00:04:19,199 turmoil in the future and they want rock solid assets in their reserves to back 51 00:04:19,279 --> 00:04:23,480 up their currency. So that's part of what's pushing gold up. And then 52 00:04:24,319 --> 00:04:29,000 on the Shanghai Gold Exchange, which is a physical gold exchange, gold is 53 00:04:29,040 --> 00:04:32,720 trading at a premium where it's trading in London, which is a paper gold 54 00:04:32,720 --> 00:04:38,079 exchange, and on the COMEX, so that kind of implies that the physical 55 00:04:38,160 --> 00:04:43,160 market is starting to set pricing, which goldbugs have been waiting for this forever. 56 00:04:43,319 --> 00:04:48,160 That was the thing that was going to break the Western exchanges and then 57 00:04:48,279 --> 00:04:54,560 send gold much higher because the physical price would be a lot higher if physical 58 00:04:54,720 --> 00:04:58,920 was allowed to dictate prices, and so we're kind of seeing that too. 59 00:05:00,319 --> 00:05:03,920 At the same time, though, there are lots of other signals of fear 60 00:05:03,959 --> 00:05:09,759 and loathing for few currencies, because you've got Bitcoin going through the roof, 61 00:05:09,800 --> 00:05:14,800 it's at seventy thousand as we speak right now, and you've got tech stocks 62 00:05:15,040 --> 00:05:19,920 which are in a lot of cases seen as safe haven assets once they get 63 00:05:19,920 --> 00:05:24,199 big enough. You know, everybody assumes Google is untouchable. Therefore put your 64 00:05:24,240 --> 00:05:29,000 money there because it'll be safe. Now we've got Nvidia and any basically anything 65 00:05:29,079 --> 00:05:32,839 related to AI, giving us a dot com like bubble. At the same 66 00:05:32,879 --> 00:05:38,040 time, big tech is looking like risk free treasury bonds. You know, 67 00:05:38,120 --> 00:05:42,120 everybody's owning them for their safety. So yeah, you've got you've got the 68 00:05:42,160 --> 00:05:47,000 conditions for a big pop in inflation, a big pop in interest rates in 69 00:05:47,079 --> 00:05:53,199 response to higher inflation, and then a crash for the agents. Then that 70 00:05:53,199 --> 00:05:57,360 that could be the story of this decade or the first you know, the 71 00:05:57,439 --> 00:06:00,720 next few years. Really, it doesn't have to have another decade in which 72 00:06:00,759 --> 00:06:06,759 shade. So in other news, it looks like broke Donald as they're calling 73 00:06:06,839 --> 00:06:13,800 our former president is going to be at least three billion dollars richer this week 74 00:06:14,199 --> 00:06:19,680 when his social media platform merges through a you know, a backdoor merger to 75 00:06:21,160 --> 00:06:27,199 basically make him a multi billionaire if he wasn't already, which I think it 76 00:06:27,240 --> 00:06:31,519 was obvious he was. I mean, the opposition always likes to downplay his 77 00:06:31,519 --> 00:06:36,360 his net worth and all this and say he's just blowing smoke. But you 78 00:06:36,439 --> 00:06:44,519 know, this could be the way where the Normi's out there exact their revenge. 79 00:06:44,560 --> 00:06:49,120 Should you remember when Michael Moore said that this election, you know, 80 00:06:50,000 --> 00:06:57,680 Joe Blow, Steve Blow, Bill Blow, and Blow Blow will give the 81 00:06:57,839 --> 00:07:02,600 establishment the biggest middle finger in history and they will elect Donald Trump as president. 82 00:07:03,120 --> 00:07:08,160 He predicted it. I knew he was correct at the time. And 83 00:07:08,199 --> 00:07:13,959 what happened. It happened. So if every normy out there, if every 84 00:07:14,519 --> 00:07:18,199 Bill Blow and Joe Blow and Steve Blow and the rest of the blows out 85 00:07:18,240 --> 00:07:25,839 there decide to blow the stock up, what's to stop them from making Trump? 86 00:07:27,279 --> 00:07:30,600 Maybe Trump could be Look, if they could make Elon Musk the richest 87 00:07:30,600 --> 00:07:33,720 man in the world, maybe they'll make Trump the richest man in the world. 88 00:07:34,079 --> 00:07:39,439 Is it possible here, John Boy? This story just illustrates so many 89 00:07:39,480 --> 00:07:44,720 things. First of all, it illustrates the ineptitude of the current sitting government 90 00:07:44,759 --> 00:07:50,639 because it's like three days ago that they decided to give Trump a nickname broke 91 00:07:50,759 --> 00:07:57,000 Broke Dawn. I want to mean that broke. Yeah, So three days 92 00:07:57,040 --> 00:08:01,040 after they roll out that nickname, the guy, I find an extra three 93 00:08:01,079 --> 00:08:05,680 billion dollars out there. Second part of that is you know, Trump is 94 00:08:05,720 --> 00:08:09,600 just incredibly lucky. He's he's been getting the breaks with all of this stuff. 95 00:08:09,600 --> 00:08:15,759 You know, every time somebody gets close to convicting him on something important, 96 00:08:15,959 --> 00:08:18,079 they crash and burn in some fundamental way, like down and you know 97 00:08:18,480 --> 00:08:24,000 the Fawnie Willis thing down in Georgia, and as is about to happen with 98 00:08:24,079 --> 00:08:31,759 the New York real estate case. So you know, he's getting the breaks 99 00:08:31,839 --> 00:08:33,759 here. Just when it looks bad, he gets some kind of lucky break 100 00:08:33,799 --> 00:08:37,200 and he's okay. And now this this latest thing. You know, truth 101 00:08:37,360 --> 00:08:43,799 Social is a very tiny social media platform. It is worthless. Yeah, 102 00:08:43,840 --> 00:08:46,639 it has a few million dollars of revenue. It actually loses money. So 103 00:08:46,679 --> 00:08:52,080 it's it's you know, if it's worth anything, it's worth some small multiple 104 00:08:52,120 --> 00:08:54,480 of sales, you know, so ten million, twenty million dollars, something 105 00:08:54,519 --> 00:09:01,879 like that. So for it to be valued at eight billion or whatever it's 106 00:09:01,879 --> 00:09:07,879 going to go public ad means it's another mean stock that people, you know, 107 00:09:07,879 --> 00:09:11,279 people latch onto the idea that they buy the stock, they push it 108 00:09:11,360 --> 00:09:15,879 way up without any regard to its actual value. Fundamental yeah, yeah, 109 00:09:15,960 --> 00:09:18,120 yeah, any fundamentals. And so yeah, you're right that this is two 110 00:09:18,159 --> 00:09:22,000 things. One is it's a backdoor way for people to donate to the Trump 111 00:09:22,039 --> 00:09:26,600 campaign. And I'm you know, on substack, I'm getting a lot of 112 00:09:26,639 --> 00:09:31,559 direct messages from people asking that question, Hey, I want to buy from 113 00:09:31,679 --> 00:09:35,440 social media stock? How do I do that? You know? And the 114 00:09:35,480 --> 00:09:39,360 time is coming when you can do it very easily. So I think, 115 00:09:39,519 --> 00:09:43,519 you know, if I'm hearing three or four people a day on my substack, 116 00:09:43,360 --> 00:09:50,200 that means it's thirty or forty million people across the country thinking about doing 117 00:09:50,240 --> 00:09:56,399 something like that. So yeah, it could. It could generate tangible wealth 118 00:09:56,519 --> 00:10:01,320 for Trump. Although you know, when you own already taken a meme stock, 119 00:10:01,399 --> 00:10:03,720 you can't get your money out because if you sell it, it'll collapse. 120 00:10:03,000 --> 00:10:05,200 So we'll have to see how that plays out. But maybe he can 121 00:10:05,240 --> 00:10:11,799 borrow against it, like you said before we went live, or maybe he 122 00:10:11,279 --> 00:10:18,279 is able because of his relationship with his stockholders. He's able to sell the 123 00:10:18,360 --> 00:10:22,480 stock and in effect transfer it to them, and that allows him to get 124 00:10:22,480 --> 00:10:28,519 the money to do it say whatever finds yeah, yeah, and and that 125 00:10:28,559 --> 00:10:31,039 allows him to finance his presidential campaign the rest of it, because they don't 126 00:10:31,039 --> 00:10:33,639 have as much money as the Democrats. Right now, but I need it 127 00:10:33,799 --> 00:10:37,279 Trump. If Trump says, well, I'll tell us a billion at this. 128 00:10:37,519 --> 00:10:39,879 You know, I have so much money, let me just pay a 129 00:10:39,919 --> 00:10:43,559 billion dollars on my campaign. And he uses that as a way to brag, 130 00:10:43,600 --> 00:10:46,200 which he likes to do about his money. Then all of a sudden, 131 00:10:46,240 --> 00:10:50,720 they've got more money than the Democrats. And have you seen any of 132 00:10:50,799 --> 00:10:56,159 the pro Trump and the anti Biden ads that are floating around. Oh my 133 00:10:56,200 --> 00:11:01,240 god, they're they're they're like devastating. They are. Yeah, they're just 134 00:11:01,360 --> 00:11:07,240 devastating. There's one that I mean, you know, I totally responded to 135 00:11:07,279 --> 00:11:11,399 it, but but I didn't want to because it was an awful lot like 136 00:11:11,559 --> 00:11:16,360 what was the Hitler's filmmaker, you know, molord, No, no, 137 00:11:16,360 --> 00:11:20,000 no, no. This was one where it was we are the strongest people 138 00:11:20,000 --> 00:11:24,200 in the world, and there is a darkness coming and we will find you 139 00:11:24,240 --> 00:11:28,519 know. It was one of those which could have been the rise of Nazi. 140 00:11:28,559 --> 00:11:31,399 But but I totally responded to it, you know, I was. 141 00:11:31,440 --> 00:11:35,919 I was pumped after I saw it, So, you know, so it 142 00:11:35,080 --> 00:11:41,679 fits today while being uncomfortably like some things for more past. But there's a 143 00:11:41,679 --> 00:11:46,720 bunch of Trump bands like that and there's there's one I think might be the 144 00:11:46,720 --> 00:11:50,600 best of all. There was a woman on his I guess it was a 145 00:11:50,600 --> 00:11:56,360 TikTok video who said, well, I just went on Trump's website and and 146 00:11:56,559 --> 00:12:01,720 here's what he wants to do, and he's going to close down the education 147 00:12:01,879 --> 00:12:03,720 Department, and he's going to build a wall across our southern border. You 148 00:12:03,759 --> 00:12:07,279 know. She named all the things he wants to do. Oh yeah, 149 00:12:07,360 --> 00:12:11,039 and it was beautiful. It was like any any you know, Trump supporter 150 00:12:11,080 --> 00:12:13,919 would look at like see that and think, Okay, that's the man I 151 00:12:13,000 --> 00:12:18,679 want, you know. And but that wasn't Actually that was an un anti 152 00:12:18,759 --> 00:12:24,559 Trump video, but it sounded like the perfect pro Trump ad to people, 153 00:12:24,720 --> 00:12:28,720 you know, on our side of the political spectrum. So there's just a 154 00:12:28,720 --> 00:12:33,120 lot of them out there. So I don't think the Trump campaign needs an 155 00:12:33,159 --> 00:12:37,679 awful lot of money when they've already made the ads that could win the election 156 00:12:37,799 --> 00:12:41,399 for him, they just get them out there somehow. So fascinating times an 157 00:12:41,440 --> 00:12:46,559 election. Jackison, Yeah, well, hey, we we would be remiss 158 00:12:46,600 --> 00:12:50,039 if we didn't mention the fact that today the Appellate Division, First Department of 159 00:12:50,120 --> 00:12:54,919 the Supreme Court of the State of New York. And you've got to understand 160 00:12:54,559 --> 00:12:58,320 the way the courts worked there, the structure. I'll explain it briefly, 161 00:12:58,399 --> 00:13:05,639 but they basically cut Trump's bond requirement from four hundred and fifty four million to 162 00:13:05,720 --> 00:13:11,600 one hundred and seventy five million, and this is being perceived as a win 163 00:13:11,720 --> 00:13:16,720 for Trump. So in New York, the trial court is the Supreme Court. 164 00:13:16,480 --> 00:13:22,200 The intermediate appellate court is the Appellate Division. The Appellate Division has four 165 00:13:22,279 --> 00:13:28,080 departments. First, being in Manhattan, covers just Manhattan in the Bronx, 166 00:13:28,159 --> 00:13:35,799 The second covers the second department covers the other boroughs in New York and Long 167 00:13:35,799 --> 00:13:43,360 Island and Westchester County and a few upstate counties. Third departments Albany and Upstate. 168 00:13:43,759 --> 00:13:48,399 Fourth department is like Buffalo and Erie County and the counties adjoining that. 169 00:13:48,840 --> 00:13:54,279 So I had a lot of experience in the first department. My company rented 170 00:13:54,320 --> 00:13:58,840 up cases on appeal. That was our largest court that we dealt with. 171 00:13:58,879 --> 00:14:03,320 I knew the clerks, they were well and the judges. Historically that has 172 00:14:03,399 --> 00:14:07,799 been a very hot bench, meaning they actually read the stuff that comes to 173 00:14:07,840 --> 00:14:15,840 them, and the very competent and very you know, definitely tilt's left, 174 00:14:16,399 --> 00:14:22,039 but left with a brain and kind of like I would call a Second Amendment 175 00:14:22,240 --> 00:14:33,919 Democrat. So but here they cut it. I think Trump really he could 176 00:14:33,960 --> 00:14:37,440 have gotten that other bond, but not in the form of a bond. 177 00:14:37,480 --> 00:14:39,080 He would have had to have gotten a letter of credit from a bank. 178 00:14:39,559 --> 00:14:46,159 Letter of credit generally is acceptable as security. So a lot of mischaracterizations John 179 00:14:46,399 --> 00:14:52,240 about exactly what's happening here. And you have to understand, all the bond 180 00:14:52,399 --> 00:14:56,879 does is stay the plaintiff, in this case, the State of New York 181 00:14:56,080 --> 00:15:01,639 from enforcing the judgment, which means proper seizures, bank accounts, all that 182 00:15:01,720 --> 00:15:05,639 stuff. That's all it does. If he didn't post the bond, he 183 00:15:05,759 --> 00:15:09,559 still could have pursued the appeal, but then if he won, he would 184 00:15:09,600 --> 00:15:13,360 have to like go to New York State and get his stuff back, and 185 00:15:13,399 --> 00:15:16,919 you can only imagine what that would be like. So this is a victory 186 00:15:16,000 --> 00:15:18,960 for him. Still don't think he can get anyone to post a bond, 187 00:15:20,039 --> 00:15:24,720 But what he'll do is basically a letter of credit is what I would anticipate. 188 00:15:26,159 --> 00:15:28,559 So but the point is, this isn't going to happen. In case 189 00:15:28,960 --> 00:15:33,000 they take three to six months sometimes longer to decide an appeal at the Color 190 00:15:33,120 --> 00:15:39,279 Division. So it's very possible that come to November fifth, or whatever election 191 00:15:39,399 --> 00:15:43,759 day, the day after election day, the decision comes down. Then my 192 00:15:43,919 --> 00:15:52,480 prediction is they can't totally exonerate or absolve Trump. What they'll do as a 193 00:15:52,519 --> 00:15:56,840 slap on the wrist, which is ten twenty million dollars slap on the wrist, 194 00:15:56,039 --> 00:16:03,639 pretty much nothing for Trump. And so they can have the judge keep 195 00:16:03,679 --> 00:16:08,799 face to some extent, although that's an impossibility at this point. But for 196 00:16:08,879 --> 00:16:15,080 them them to save face and for the Letitia James to save face, they 197 00:16:15,080 --> 00:16:18,200 say, well, we got twenty millions, so you know we were on 198 00:16:18,320 --> 00:16:21,960 to something, we were right, and we just don't agree with how much. 199 00:16:22,639 --> 00:16:25,200 That's what's going to happen in the end here, John. They won't 200 00:16:25,240 --> 00:16:29,320 just let them go. It'll appeal it to the Supreme Court. Supreme Court 201 00:16:29,399 --> 00:16:33,360 won't know it's discretionary what they want to hear. They won't hear the case 202 00:16:33,399 --> 00:16:37,720 if it's down to ten at twenty million, there's just nothing in it for 203 00:16:37,759 --> 00:16:41,840 them to do it. Yeah, okay, well, I think so many 204 00:16:41,879 --> 00:16:44,879 of these things are just going to peter out. They will either be delayed 205 00:16:44,919 --> 00:16:49,320 beyond the election, or they'll just kind of fizzle and then you know, 206 00:16:49,399 --> 00:16:53,200 then it will be an actual election without all this other stuff in it, 207 00:16:53,279 --> 00:16:59,799 and that that's when the false flag happens. We don't know what it's going 208 00:16:59,879 --> 00:17:03,480 to be, yeah, but it's going to be something. Yeah. Yeah, 209 00:17:03,519 --> 00:17:07,319 Well we've already got Europe. France, France, you know, like 210 00:17:07,880 --> 00:17:14,000 not you like military superpower, said they're going to send sixty thousand troops to 211 00:17:15,359 --> 00:17:18,359 Ukraine. I don't know if this is a trial balloon, but if they're 212 00:17:18,400 --> 00:17:22,160 sending them, that means England's going to send them for sure, and Germany 213 00:17:22,599 --> 00:17:33,200 and probably Italy and probably these Eastern European countries like Poland and you know, 214 00:17:33,319 --> 00:17:38,319 all the other all the other former Soviet satellites because they want payback. This 215 00:17:38,400 --> 00:17:44,119 is getting tribal now, this is really tribal at this point where Europe to 216 00:17:44,160 --> 00:17:49,200 send troops in there, it's really broken down to the point where whatever the 217 00:17:49,319 --> 00:17:55,039 underlying issues were, it's kind of like the Hatfields and the McCoys. They 218 00:17:55,160 --> 00:17:59,480 killed each other for decades to the point where the people who are killing themselves 219 00:18:00,200 --> 00:18:03,640 not that long ago didn't even know why they were fighting but they just knew. 220 00:18:03,680 --> 00:18:07,440 They hated the hat Fields, hated the McCoys, and the McCoys hated 221 00:18:07,480 --> 00:18:11,240 the hat Fields. And that's what this is about. Okay. I would 222 00:18:11,519 --> 00:18:17,839 disagree with you on that and say that this is about the aristocracy that runs 223 00:18:17,920 --> 00:18:25,240 most of the Western world wanting World War three because they believe there are benefits 224 00:18:25,319 --> 00:18:26,640 for them. You know, they got their end of the world bunkers in 225 00:18:26,680 --> 00:18:30,440 New Zealand and everything. They're not really worried themselves about this happening, but 226 00:18:30,519 --> 00:18:37,599 they see ways to turn this to their benefit. You know. That's the 227 00:18:37,680 --> 00:18:42,039 crisis that allows them to declare martial law, or that's at least the crisis 228 00:18:42,440 --> 00:18:49,400 that allows them to you know, delay and or steal whatever elections are threatening 229 00:18:49,440 --> 00:18:53,279 them. So yeah, I think they're they're deeply threatened by the rise of 230 00:18:53,319 --> 00:18:57,240 populism and they want to put a stop to that, you know, and 231 00:18:57,880 --> 00:19:06,160 a shooting with a nuclear power will distract everybody to a point where they're able 232 00:19:06,160 --> 00:19:07,839 to get a lot of stuff done, you know. And I think that's 233 00:19:07,880 --> 00:19:12,559 the rational because as you know, you wouldn't you wouldn't at your Poland you 234 00:19:12,640 --> 00:19:15,960 don't want a nuclear war with Russia. That's not a good thing for you. 235 00:19:17,440 --> 00:19:22,039 But if the guys in charge of the economic union of which you're apart 236 00:19:22,319 --> 00:19:26,119 ordered you to do it, maybe you feel like you have to. And 237 00:19:26,240 --> 00:19:30,559 you know this macron Oh my god, you know who is who's worse? 238 00:19:30,680 --> 00:19:36,240 The guy Canada or the guy running France. You know that would that that 239 00:19:36,240 --> 00:19:41,160 would be one for one of those i'm X things where they put it up 240 00:19:41,160 --> 00:19:45,680 and let you vote, you know, one of those polls, because I 241 00:19:45,359 --> 00:19:51,839 personally hard to tell which one is worse. I always said that containing Russia 242 00:19:51,960 --> 00:19:56,200 was really, in the long run, all about containing China, stopping China's 243 00:19:56,240 --> 00:20:03,400 growth, stopping them from becoming the hegemon of the new World order. They 244 00:20:03,400 --> 00:20:07,440 weren't going to allow it. And all of what's going on there with their 245 00:20:07,200 --> 00:20:14,559 economic collapse, it's all engineered and by design. Yeah, I mean, 246 00:20:14,839 --> 00:20:19,160 the bloodthirsty people who are running the US government would love to be able to 247 00:20:19,200 --> 00:20:25,880 take all the other big pieces off the chessboard. And yeah, you know 248 00:20:26,079 --> 00:20:32,960 the idea that doing something that allows them to declare martial law at the same 249 00:20:33,039 --> 00:20:37,279 time it hobbles China to the point where China maybe dissolves. You know, 250 00:20:37,440 --> 00:20:41,160 that would be a win win from their point of view, and they're you 251 00:20:41,200 --> 00:20:45,359 know, in the Ukraine case, they're ignoring four hundred thousand dead Ukrainians because 252 00:20:45,359 --> 00:20:48,599 they really don't care. In China's case, you know, there may be 253 00:20:48,960 --> 00:20:52,519 millions or tens of millions die in the process of this, and they still 254 00:20:52,519 --> 00:20:56,799 think that would be worth it. So these are evil people, and they 255 00:20:56,839 --> 00:21:00,160 are largely in charge. I don't think you know by and is deciding any 256 00:21:00,200 --> 00:21:04,920 of this, and so I really worry with the election coming up, that 257 00:21:04,960 --> 00:21:10,119 gives them a deadline. And that's what worries me most is that they feel 258 00:21:10,160 --> 00:21:15,279 like they need to make something happen now, and that when you're under deadline, 259 00:21:15,279 --> 00:21:18,839 you tend not to think long term because you got this thing right in 260 00:21:18,839 --> 00:21:22,240 front of you that you've got to deal with. And so that's that's I 261 00:21:22,240 --> 00:21:26,960 think the story of the next six or so months is what crazy thing is 262 00:21:26,000 --> 00:21:32,519 going to happen. The changes the current electoral calculus where one side is likely 263 00:21:32,559 --> 00:21:34,799 to win. If they have the election today, it's clear that would win. 264 00:21:36,359 --> 00:21:38,440 How do they change that and what big thing do they implement that? 265 00:21:38,599 --> 00:21:41,920 So I don't know. Whatever they're going to try, it's going to be 266 00:21:42,039 --> 00:21:45,960 very scary and you know what, we haven't had our cyber attack yet that 267 00:21:47,039 --> 00:21:49,880 we've been waiting for for all this time, so it could easily be just 268 00:21:49,960 --> 00:21:53,279 something that shuts down the banking system for a little while and then oh, 269 00:21:53,319 --> 00:21:57,240 we can't be yes, we can't change horses in the middle of a financial 270 00:21:57,240 --> 00:22:00,480 praise of the stream, you know that kind of thing. That would be 271 00:22:00,519 --> 00:22:04,240 the that would be the sales pitch. Yeah, well, I guess they 272 00:22:04,240 --> 00:22:07,599 have a point, but yeah, no, I agree with you. It's 273 00:22:07,640 --> 00:22:17,599 all the elites who are choreographing orchestrating everything that's happening. And you know, 274 00:22:18,000 --> 00:22:22,680 Putin is not exactly a sympathetic character. You know, he just looks like 275 00:22:22,720 --> 00:22:29,359 a killer a stone could they never are That's part of the whole central casting 276 00:22:29,759 --> 00:22:32,839 aspect of this. They picked the guys that he's scariest, because remember it 277 00:22:32,880 --> 00:22:37,359 was Sadan Hussein for a long time. He looks like a monster. And 278 00:22:37,680 --> 00:22:41,240 then came Assad, who's a very scary guy in Syria, and you know 279 00:22:41,319 --> 00:22:45,759 he was he was the Great Satan, and somewhere along the line there was 280 00:22:45,799 --> 00:22:49,799 Molmar Kadaffi too, and then Trump and then the Great and then came Trump. 281 00:22:49,839 --> 00:22:56,000 Well then now there's a partnership between Trump and Putin. In the minds 282 00:22:56,039 --> 00:22:59,839 of the guys who were manipulating public opinion, you know, they well we 283 00:23:00,079 --> 00:23:03,680 all know Trump is a Russian uh double agent? Right? Yeah, well, 284 00:23:03,720 --> 00:23:10,200 I mean that see Putin was there the next Hitler, and they decided 285 00:23:10,240 --> 00:23:12,799 they were going to tie Trump to Hitler. And you know, it's I 286 00:23:12,839 --> 00:23:18,119 think it's understood now, right, is it that Hillary Clinton her campaign created 287 00:23:18,119 --> 00:23:22,440 the Steele dossier. Oh yeah, there's no question, brought us to the 288 00:23:22,519 --> 00:23:26,480 FBI and lied to the FBI about it. So they engineered this whole thing. 289 00:23:26,519 --> 00:23:29,559 But that was that was part of it. Russia. You know, 290 00:23:29,599 --> 00:23:34,000 Putin was a guy that Hillary Clinton disliked deeply, and so was Trump. 291 00:23:34,480 --> 00:23:38,960 So tying them together was a really nice piece of political jiu jitsu from their 292 00:23:40,000 --> 00:23:41,759 point of view. I'm sure they're very proud of that idea where we came 293 00:23:41,839 --> 00:23:45,680 up with it. But you know, now, but it didn't it didn't 294 00:23:45,720 --> 00:23:52,640 completely work. Putin is winning the the Ukraine War and Trump is ahead in 295 00:23:52,680 --> 00:23:56,720 this election. So now what that's that's the question. What we're indous thing 296 00:23:56,799 --> 00:24:00,400 is going to happen that changes all of that, And I you know, 297 00:24:00,480 --> 00:24:03,960 shuddered a bank what it would be, because it's got to be something pretty 298 00:24:03,960 --> 00:24:08,119 big at this point in the process. It's a it sounds like it's a 299 00:24:08,200 --> 00:24:15,440 doubleheader there for the comedies. He got Trump and putin, you know, 300 00:24:15,759 --> 00:24:19,599 the nightmare scenario, and you got to figure, like, I don't know 301 00:24:19,640 --> 00:24:23,759 if Trump's really vindictive or not. His first term, he just wanted to 302 00:24:23,799 --> 00:24:27,079 work with the deep state and you let me do my thing, I let 303 00:24:27,079 --> 00:24:33,039 you do there yours. But now after all that's transpired, I got to 304 00:24:33,079 --> 00:24:36,799 believe he's going in there with a wrecking ball and they know it, and 305 00:24:37,240 --> 00:24:40,359 they're none too thrilled about it. Well that see, that's got to be 306 00:24:40,599 --> 00:24:45,400 part of what's motivating the deep state. And because you know, they're they're 307 00:24:45,440 --> 00:24:49,799 thinking out about what they would do right, and they would come in and 308 00:24:49,839 --> 00:24:53,920 they they were given the power to do it, they would just eliminate everybody 309 00:24:53,920 --> 00:24:56,960 who disagreed with them one way or another. And so they're looking at Trump 310 00:24:57,000 --> 00:25:00,440 and thinking, wow, you know, if he gets a just late of 311 00:25:00,440 --> 00:25:03,960 the majority and wins the presidency, he's going to come after us, you 312 00:25:04,000 --> 00:25:11,359 know. And so he's got a challenge to control that impulse because we don't 313 00:25:11,559 --> 00:25:15,240 want what we don't want is for the US to become a banana republic where 314 00:25:15,279 --> 00:25:19,960 it's normal for the winner in every election to purge all of their opponents. 315 00:25:21,119 --> 00:25:23,279 So he's got a it's going to do this right. He's got to go 316 00:25:23,359 --> 00:25:30,480 after the people who really truly deserved what they're going to get, and where 317 00:25:30,519 --> 00:25:33,839 there's evidence that's absolutely incontrovertible. Okay, you know none of this made up 318 00:25:33,839 --> 00:25:41,720 stuff, and that's not everybody. That's relatively few. You could you could 319 00:25:41,720 --> 00:25:45,880 probably convict Hillary Clinton of a political crime over the still dosiology that's run. 320 00:25:47,240 --> 00:25:51,880 Yeah, it's a run for Hillary. Too bad, because that is one 321 00:25:51,960 --> 00:25:56,160 that looks legit from a legal standpoint. Anyhow, you know, Trump, 322 00:25:56,279 --> 00:26:00,240 if he wants to confound everybody will come out and be a state then where 323 00:26:00,279 --> 00:26:04,480 he doesn't stage show trials or anything, and he doesn't go out there and 324 00:26:04,599 --> 00:26:08,039 try to destroy lives, and he does the stuff he got elected to do. 325 00:26:08,160 --> 00:26:12,759 He builds that wall, He rounds up all the illegals and puts them 326 00:26:12,799 --> 00:26:15,759 back in Mexico so they can get in line and come in legally. You 327 00:26:15,759 --> 00:26:21,920 know, he does those things and and and gets brings jobs back from China, 328 00:26:22,079 --> 00:26:25,839 stuff like that. Yeah, you know, the things that the things 329 00:26:25,839 --> 00:26:27,599 that his people really want. Yes, he Well he would be and this 330 00:26:27,680 --> 00:26:32,079 is a bizarre thing for me to say. He would go down in history 331 00:26:32,079 --> 00:26:34,880 as a great statesman. You imagine Donald Trump, you know, being being 332 00:26:34,920 --> 00:26:38,240 one of history's great statesmen. But you know, if he does it right, 333 00:26:38,279 --> 00:26:42,240 he has a chance here to do something like that where where people look 334 00:26:42,319 --> 00:26:48,440 back at what he could have done and see what he actually did do and 335 00:26:48,440 --> 00:26:52,880 and they're actually impressed. You know. So that's his that's his opportunity. 336 00:26:52,519 --> 00:26:59,119 All right. Well, hey, I think we got a couple other Uh, 337 00:27:00,160 --> 00:27:04,160 I think we've covered enough for now. I think we will leave it 338 00:27:04,240 --> 00:27:10,759 at that. Make sure you go over to John's substack Orbino dot substack dot 339 00:27:10,799 --> 00:27:15,880 com, visit our other site, our sisters site, Inflation dot Cafe, 340 00:27:17,359 --> 00:27:22,119 and of course make sure you go to Financial Survival Network dot com sign up 341 00:27:22,160 --> 00:27:25,720 for free newsletter if you haven't already. John, We will talk to you 342 00:27:25,759 --> 00:27:29,960 in a couple of weeks. Any questions or comments shoot me an email kl 343 00:27:30,319 --> 00:27:34,920 at carrie lets dot com. Feel free to leave ample comments on the YouTube 344 00:27:36,000 --> 00:27:38,880 channel. John talk to you a couple of weeks. See care. Thanks 345 00:27:38,920 --> 00:27:45,400 for listening to Carrie Letz's Financial Survival Network your solution to today's trying times. 346 00:27:45,640 --> 00:27:52,079 For the latest, go to Financial Survivalnetwork dot com. Financial Survival Network now 347 00:27:52,200 --> 00:27:53,079 more than ever