1 00:00:00,240 --> 00:00:06,839 What's the biggest danger that we confront now? And I think the clearest immediate 2 00:00:06,919 --> 00:00:13,480 danger is probably this phony war, this proxy war the Ukraine. But then 3 00:00:13,519 --> 00:00:20,719 after that, it's the potential collapse of the financial markets followed by a collapse 4 00:00:20,760 --> 00:00:26,359 of the economy, followed by social upheaval here in the US, and this 5 00:00:26,519 --> 00:00:31,399 can go on all over the world. You're listening to Carrie Let's Financial Survival 6 00:00:31,480 --> 00:00:37,000 Network, where you get valuable information you just can't find anywhere else to thrive 7 00:00:37,039 --> 00:00:42,600 in today's trying times. You need the Financial Survival Network now more than ever. 8 00:00:43,200 --> 00:00:47,799 Go to Financial Survival Network dot com and get your free newsletter and gift. 9 00:00:48,320 --> 00:00:57,960 Financial Survival Network now more than ever. And welcome you are listening to 10 00:00:58,079 --> 00:01:02,280 watching the Financial Survival Network. I'm your host, Carry Lutz. Well, 11 00:01:02,520 --> 00:01:04,719 a lot going on in the world, to put it mildly, to put 12 00:01:04,760 --> 00:01:10,319 it charitably, but let's try to get a perspective on what exactly is going 13 00:01:10,400 --> 00:01:15,319 on? Is this the end of Western civilization as we know it? Our 14 00:01:15,359 --> 00:01:21,920 good friend Doug Casey is with us from the International Man. Doug, it's 15 00:01:21,959 --> 00:01:25,439 always great to have you on the show. So what's going on here? 16 00:01:25,480 --> 00:01:29,480 Are we're going to survive this, or we're just useless eaters that they want 17 00:01:29,480 --> 00:01:34,560 to get rid of so they can implement their a grand plan. Well, 18 00:01:34,599 --> 00:01:40,000 you know, George Carlin was always my favorite comedian and mine too. I 19 00:01:40,000 --> 00:01:42,439 don't think we have to worry. The Earth is going to survive and it's 20 00:01:42,480 --> 00:01:47,519 just going to shake off these problems like a like a dog after it has 21 00:01:47,560 --> 00:01:51,319 a bath. But I always like to look at the I always like to 22 00:01:51,359 --> 00:01:57,840 look at the bright side. If we take a gloomier view, it's entirely 23 00:01:59,000 --> 00:02:04,120 possible we could be moving towards World War three. And that is really really 24 00:02:04,159 --> 00:02:09,039 a scary prospect. I mean, it could destroy civilization as we know it, 25 00:02:09,199 --> 00:02:14,680 and the fault would lie about one hundred percent, in my opinion, 26 00:02:15,080 --> 00:02:21,360 with Washington DC. Yeah, no, I totally agree with you these policies 27 00:02:21,879 --> 00:02:25,479 that we've followed post World War two. I mean, even look, you 28 00:02:25,479 --> 00:02:30,639 could go back to the Civil War. We all know that. But just 29 00:02:30,919 --> 00:02:36,319 in the so called modern era from World War One on, basically everything that's 30 00:02:36,319 --> 00:02:40,479 gone on, the gone wrong in the world is to some extent, Washington 31 00:02:40,599 --> 00:02:46,080 DC's fault, don't you think. I do think that actually, and it's 32 00:02:46,840 --> 00:02:53,759 it's really a pity because America used to stand for something. America used to 33 00:02:53,800 --> 00:02:58,439 be an exceptional country. And it was exceptional because it was the only country 34 00:02:58,479 --> 00:03:02,800 in the world's history that was actually founding on the principles of individual freedom. 35 00:03:02,840 --> 00:03:09,639 And well, the values that were put across in the constitution, freedom of 36 00:03:09,759 --> 00:03:17,080 speech, freedom of thought, free markets, that's all that's all being washed 37 00:03:17,120 --> 00:03:23,680 away at this point. Yeah, well, it looks like basically every institution. 38 00:03:23,080 --> 00:03:27,000 And it's not just the United States here. I think it's says a 39 00:03:27,039 --> 00:03:35,360 global phenomena. You look what's happening in China with everything there, and you 40 00:03:35,439 --> 00:03:39,719 know, just I watched these videos of stuff falling apart in China, the 41 00:03:39,879 --> 00:03:46,759 so called Tofu drag projects, where they're just like cutting corners, even though 42 00:03:46,759 --> 00:03:50,479 they know that the highway is going to collapse and thousands of people will be 43 00:03:50,599 --> 00:03:53,840 killed, they just cut corners. I mean it's corruption. I mean, 44 00:03:55,240 --> 00:04:01,360 America certainly doesn't have a monopoly on corruption and does it. No, it 45 00:04:01,400 --> 00:04:08,639 doesn't. And China is interesting because I lived in Hong Kong. For goodness, 46 00:04:08,680 --> 00:04:12,800 how long did I lived there? For? About fifteen years on and 47 00:04:12,879 --> 00:04:17,560 off. And when I first went to mainland China to Beijing, when we 48 00:04:17,680 --> 00:04:25,920 landed in Beijing airport. It was just somewhat bigger than the little airport in 49 00:04:26,000 --> 00:04:33,279 Aspen, Colorado. When we took a car into a downtown Beijing, it 50 00:04:33,319 --> 00:04:39,600 was on a two lane road and there were still farmers with oxes following the 51 00:04:39,639 --> 00:04:43,720 fields next to it. Yeah. I mean, the progress that China has 52 00:04:43,759 --> 00:04:48,399 made is unbelievable. It's incredible. That's on the bright side. But at 53 00:04:48,399 --> 00:04:51,480 the same time, since a lot of it, a lot of it, 54 00:04:51,560 --> 00:04:57,800 not all of it has been state directed, They've made some huge miss allocations 55 00:04:57,839 --> 00:05:03,360 of capital, stupid miss allocations a capital for political reasons. So I'm not 56 00:05:03,639 --> 00:05:09,519 terribly optimistic about China over the next ten years, certainly, but I'm not 57 00:05:09,600 --> 00:05:14,399 optimistic about any place in the world for the next ten years. Is an 58 00:05:14,439 --> 00:05:18,879 island decade? Is there an island we can all escape to the land of, 59 00:05:19,079 --> 00:05:24,800 you know, fantasy island paradise where we get away from all the foibles 60 00:05:24,920 --> 00:05:29,160 and the insanity of government. I mean, we're living in a kafka esque 61 00:05:29,399 --> 00:05:32,040 world right now, Doug, Well, you know, talking about islands, 62 00:05:32,680 --> 00:05:39,000 one guy that you might want to have on your show is a Jelika who 63 00:05:39,399 --> 00:05:44,000 founded Liberland. Have you explored that at all. No, not yet, 64 00:05:44,079 --> 00:05:48,439 but I heard some mention of it. Yeah, it's an island in the 65 00:05:48,519 --> 00:05:55,800 Danube River between Croatia and Serbia. And because of just the way these things 66 00:05:55,839 --> 00:06:00,920 work, neither Croatia nor Serbia claims it for reasons of their own. So 67 00:06:02,240 --> 00:06:06,519 the stake a flag there about goodness how long ago? Ten years ago, 68 00:06:08,000 --> 00:06:13,560 and he's trying to get it recognized as a country, get people to live 69 00:06:13,639 --> 00:06:16,759 there, and uh so, who knows anything can happen from that point of 70 00:06:16,800 --> 00:06:23,519 view. But what other islands might be interesting to uh to uh to go 71 00:06:23,639 --> 00:06:31,279 to and stake out Well, certainly not Haiti. I mean that's uh, 72 00:06:31,639 --> 00:06:36,360 that's going to become the fifty first state of the Union over the next few 73 00:06:36,480 --> 00:06:43,639 years if they don't watch out. Uh. Eighties an issue that another one 74 00:06:43,680 --> 00:06:48,120 of the United States screw ups going back to the eighteen hundreds. In fact, 75 00:06:48,480 --> 00:06:54,079 most of Latin America, much of it in Central America, and everything 76 00:06:54,120 --> 00:07:00,839 that's going wrong there now is directly traceable to American imperialism. Invasions that took 77 00:07:00,879 --> 00:07:08,279 place, many many invasions, you know, during a. Smedley Butler's time, 78 00:07:09,040 --> 00:07:15,600 and the inability of the US to lake ever really look for a meaningful 79 00:07:15,680 --> 00:07:20,000 solution. They're always looking for the next strong man who would just basically let 80 00:07:20,120 --> 00:07:26,879 us pick our fruit trees, you know, banana republics. Yeah. Yeah, 81 00:07:26,920 --> 00:07:30,160 the people in Washington just can't leave things alone. And I don't think 82 00:07:30,160 --> 00:07:35,319 that's ever going to change. And the reason I say that is because you've 83 00:07:35,360 --> 00:07:40,920 got two kinds of people in the world. People that like to create things 84 00:07:41,000 --> 00:07:46,319 and move atoms around and make things and manipulate physical reality, and people that 85 00:07:46,480 --> 00:07:51,560 like to move people around and manipulate people. And those are the kind that 86 00:07:51,680 --> 00:07:58,959 always go to Washington because you can get control of the of the instrument of 87 00:07:59,000 --> 00:08:03,360 the state where they can force people to do that. So it's gotten worse. 88 00:08:03,759 --> 00:08:07,040 I mean it really has, Washington, and I used to live there 89 00:08:07,079 --> 00:08:11,759 for goodness twenty years. I'm sorry to hear that. Yeah, it's it 90 00:08:11,800 --> 00:08:18,240 really is a cesspool that draws that kind of person the way Las Vegas draws 91 00:08:18,519 --> 00:08:24,240 gamblers and the way Hollywood draws want to be stars, Washington draws just not 92 00:08:24,319 --> 00:08:28,920 the best in the brightest, but the scum of the earth. Sociopath It's 93 00:08:28,959 --> 00:08:35,679 a magnet. It's a sociopathic magnet because hey, you're a sociopath. What's 94 00:08:35,720 --> 00:08:39,360 better than getting to screw with people's heads and make them do things they don't 95 00:08:39,360 --> 00:08:43,679 want to do, or, better yet, get them to do things that 96 00:08:43,759 --> 00:08:46,559 you want them to do that they don't even know why they're doing them. 97 00:08:46,840 --> 00:08:50,759 Yeah, yeah, Yeah, it's a dream, Yeah, it really is. 98 00:08:52,240 --> 00:08:58,240 And you know, I'm trying to think, what's the biggest danger that 99 00:08:58,399 --> 00:09:05,960 we confront now? And I think the clearest immediate danger is probably this phony 100 00:09:05,080 --> 00:09:11,399 war, this proxy war the Ukraine. But then after that, it's the 101 00:09:11,440 --> 00:09:18,480 potential collapse of the financial markets followed by a collapse of the economy, followed 102 00:09:18,480 --> 00:09:22,600 by social upheaval here in the US, and this could go on all over 103 00:09:22,679 --> 00:09:28,720 the world. It's a worrisome thought. Yeah. Yeah. Well, you 104 00:09:28,759 --> 00:09:35,279 know, the Founding fathers, particularly Hamilton, their major fear was a societal 105 00:09:35,320 --> 00:09:41,960 breakdown and chaos. And I guess back then the perception was that the social 106 00:09:41,120 --> 00:09:48,759 order, you know, was quite fragile, and that that government needed to 107 00:09:48,840 --> 00:09:54,919 like reinforce the social order, largely by staying out of things that didn't know 108 00:09:54,960 --> 00:10:01,559 what it was doing and didn't know how to do. And really, I 109 00:10:01,600 --> 00:10:05,679 think the perception now, mistakenly among many of you out there, is that 110 00:10:05,720 --> 00:10:11,080 the social order, civilization is firmly ensconced. But you only have to go 111 00:10:11,159 --> 00:10:18,200 to our rapidly declining urban centers to see that that they're going rogue. They're 112 00:10:18,240 --> 00:10:24,600 going native in these places like Chicago, Baltimore, and you know, you 113 00:10:24,639 --> 00:10:30,279 know the list as well as I do. It's it's shocking that like things 114 00:10:30,320 --> 00:10:39,440 like shoplifting has been normalized and and you know, the criminals, the truly 115 00:10:39,480 --> 00:10:43,559 the inmates are running the asylum. Well, I did an article now as 116 00:10:43,559 --> 00:10:50,360 you mentioned that at internationalman dot com just yesterday on the state of US cities. 117 00:10:52,080 --> 00:10:56,960 And the thing is is that ever since the dawn of history, cities 118 00:10:58,399 --> 00:11:05,799 have been the central of civilization. It's where you can have comfort and safety 119 00:11:05,519 --> 00:11:13,279 and trade. U cities make civilization possible. And the way that American cities 120 00:11:13,360 --> 00:11:18,159 are collapsing, they really are. They're not centers of production of new wealth 121 00:11:18,200 --> 00:11:26,960 anymore. But there are cesspools where you put inventories of people and those people 122 00:11:26,320 --> 00:11:33,039 aren't don't seem to be capable of anything but consuming stuff that's given to them 123 00:11:33,399 --> 00:11:39,559 and voting. So the nature of cities has has changed, and it's it's 124 00:11:39,720 --> 00:11:48,639 very disturbing for the prospects of civilization itself. I sometimes wonder if we couldn't 125 00:11:48,759 --> 00:11:54,519 have a new dark age with you know, supply chains as as tenuous and 126 00:11:54,639 --> 00:12:01,519 as complicated as they are. You break a few of them, and the 127 00:12:01,639 --> 00:12:05,960 others break, and then others break, and it's hard to put these things 128 00:12:07,039 --> 00:12:11,919 back together again because a lot of people in the West, well everywhere, 129 00:12:13,000 --> 00:12:16,279 frankly, at this point, I don't know how to make stuff anymore. 130 00:12:16,360 --> 00:12:20,279 Well, then I know how to do is sit in front of their computers 131 00:12:20,320 --> 00:12:24,720 all day and manipulate digits, which is nice. That's great. Love love 132 00:12:24,799 --> 00:12:30,120 computers or love hate them anyway, you know, it could it could, 133 00:12:30,159 --> 00:12:33,039 It could get scary. I think I was thinking about this. Like, 134 00:12:35,080 --> 00:12:37,000 you know, we grew up. We learned how to change a tire, 135 00:12:37,720 --> 00:12:41,320 alright. Cars were a lot less complicated. You could kind of screw around 136 00:12:41,360 --> 00:12:46,519 with a carburetor with the uh, you know, if the car wouldn't start, 137 00:12:46,639 --> 00:12:50,919 you could actually maybe get it to start with a set of chopper cake. 138 00:12:50,960 --> 00:12:54,559 You can figure it out looking if the distributor was working and so forth. 139 00:12:56,200 --> 00:12:58,679 You can't do that anymore. I can't do it. Well. I 140 00:12:58,679 --> 00:13:01,679 have an ev but that's neither here nor there. The fact is you know, 141 00:13:01,720 --> 00:13:09,080 the modern vehicle, it's basically a brick when it stops working, you 142 00:13:09,159 --> 00:13:13,320 know. And and then the number of people who can actually get these cars 143 00:13:13,360 --> 00:13:18,679 to work is declining because that's a dirty job, and nobody wants to do 144 00:13:18,720 --> 00:13:22,159 these dirty jobs. I mean, you know, I was like taking something 145 00:13:22,200 --> 00:13:28,919 apart in my house to get my air conditioner to work, and because I 146 00:13:28,960 --> 00:13:31,960 just didn't feel like calling somebody, so I messed around with some wires. 147 00:13:33,200 --> 00:13:37,200 Air Conditioners are still pretty simple, at least the ones I have, and 148 00:13:37,240 --> 00:13:39,919 I actually got it working. But you know, the number of things that 149 00:13:39,960 --> 00:13:46,679 you can actually fix in your house nowadays is a very finite number of things. 150 00:13:46,120 --> 00:13:50,399 You know, you could maybe screw in a couple of lightbulbs, and 151 00:13:50,519 --> 00:13:54,559 if their WiFi lightbulbs, you know, you could spend an hour trying to 152 00:13:54,600 --> 00:13:58,440 get them to work on the network. But outside of that, there's really 153 00:13:58,480 --> 00:14:03,960 not much you're capable of of producing or fixing in your own home. Yeah, 154 00:14:03,960 --> 00:14:09,360 you're right, and if something breaks, uh, generally you don't even 155 00:14:09,399 --> 00:14:13,960 try to fix it. You're supposed to replace it. But the fact of 156 00:14:13,000 --> 00:14:18,799 the matter is is that most of those replacement parts come from China, not 157 00:14:18,879 --> 00:14:24,120 here in the us. Yeah, it's it's it's becoming an untenable form of 158 00:14:24,200 --> 00:14:30,480 existence here on so many levels. And then yet you know, we got 159 00:14:30,639 --> 00:14:35,000 you do have your elon musks of the world. Whatever people might think about 160 00:14:35,039 --> 00:14:41,120 him, Hey, the guy owns space now basically he dominates space. And 161 00:14:41,720 --> 00:14:46,120 you know, the things like the Internet being able to go all over the 162 00:14:46,120 --> 00:14:52,879 world now regardless of infrastructure and wires. You know, so we are moving 163 00:14:52,919 --> 00:14:58,440 ahead on certain fronts here as well, but complexity and the ability of the 164 00:14:58,480 --> 00:15:03,679 human mind to keep up with it, to manage it. I think we're 165 00:15:03,759 --> 00:15:07,639 like in a losing battle. Doug. Yeah, we'll just have to see 166 00:15:07,639 --> 00:15:15,279 what happens. My solution to the problems of the world is more freedom and 167 00:15:15,440 --> 00:15:20,679 a free market. You talked about useless miles earlier. Most of those useless 168 00:15:20,759 --> 00:15:30,480 miles work work for the state. They're very well paid over their president there, 169 00:15:30,559 --> 00:15:35,120 they're fellow citizens. And it seems to me that I don't know what 170 00:15:35,200 --> 00:15:41,720 the percentage would be ninety percent at least of the US government certainly, and 171 00:15:41,960 --> 00:15:48,240 local governments that are no better could be abolished. The argument that I make 172 00:15:48,399 --> 00:15:52,240 is that since government is forced, since the government is coercion, that's the 173 00:15:52,360 --> 00:16:00,399 nature of it. It's not we the people getting together, it's we should 174 00:16:00,399 --> 00:16:08,320 really have nothing but a police force to protect you domestically, military to protect 175 00:16:08,360 --> 00:16:15,840 you from foreign threats, and a court system to adjudicate disputes without resorting to 176 00:16:15,919 --> 00:16:21,200 force. And the rest of the rest of the government I think is redundant 177 00:16:21,360 --> 00:16:26,360 and useless and counterproductive and extremely costly to the average guy. I mean, 178 00:16:26,960 --> 00:16:34,799 all of our biggest expenses are taxes defeed the beast. Yeah, to feed 179 00:16:34,799 --> 00:16:41,639 the beast that refuses to be tamed. And yeah, like I saw a 180 00:16:41,679 --> 00:16:48,000 funny meme it said, without government, who would water the roads because like 181 00:16:48,120 --> 00:16:53,679 in Florida here they're watering the medians, but they can't seem to aim the 182 00:16:53,720 --> 00:16:59,679 sprinklers properly and the streak gets watered. You know, So without government, 183 00:16:59,720 --> 00:17:03,559 But if it was private and you look at, hey, we're wasting hundreds 184 00:17:03,600 --> 00:17:07,599 of thousands of dollars a year watering asphalt, you'd figure out a way to 185 00:17:07,640 --> 00:17:12,720 fix it. But there's no incentive for the government to stop watering the streets. 186 00:17:14,240 --> 00:17:18,920 Yeah, no, there's not. And it's true everywhere. Frankly, 187 00:17:18,400 --> 00:17:23,720 it's you know, before the Soviet Union collapsed, which was a wonderful thing 188 00:17:23,799 --> 00:17:29,480 that it just collapsed peaceably. It's that, you know, Russians used to 189 00:17:29,519 --> 00:17:33,079 ask, well, if we didn't have our government, who would make our 190 00:17:33,319 --> 00:17:37,759 would make our shoes? Like playing got you would make our cars? Haven't 191 00:17:37,839 --> 00:17:42,480 haven't thought of that? And that's pretty much the way the Americans think when 192 00:17:42,519 --> 00:17:49,039 it comes to the various things that governments do today. So this is not 193 00:17:49,319 --> 00:17:57,799 I think Russia gets a very bad rap because that country has totally reformed since 194 00:17:57,839 --> 00:18:07,039 the collapse of so At Union. There are more Communists in American universities and 195 00:18:07,160 --> 00:18:11,039 there probably aren't all of Russia today. Uh, the average Russian has kind 196 00:18:11,039 --> 00:18:15,079 of learned his lesson at this point. Well, the old people, you 197 00:18:15,119 --> 00:18:18,200 know, well whatever you grew up if you like. But the young people 198 00:18:18,599 --> 00:18:22,400 are not that way at all. And people don't realize that. The uh, 199 00:18:22,960 --> 00:18:30,119 the top tax rate in Russia is only twelve percent, So that's true. 200 00:18:30,119 --> 00:18:34,119 It's it's it's funny that, you know, I've talked to a number 201 00:18:34,200 --> 00:18:40,640 of people. I've I've been to the Soviet Union in Russia over the years, 202 00:18:40,680 --> 00:18:45,079 at least half a dozen times, and I've been all over the place, 203 00:18:45,759 --> 00:18:52,480 starting when it was the Soviet Union and US. It transformed into Russia, 204 00:18:52,960 --> 00:18:59,200 and it's it's a very uh, it's interesting, still a dysfunctional country. 205 00:18:59,240 --> 00:19:03,680 Once you get on rout in Moscow or I should say Saint Petersburg and 206 00:19:03,759 --> 00:19:10,519 Moscow, it's still pretty backward, pretty pretty primitive. Yea, not a 207 00:19:10,519 --> 00:19:14,680 lot of comforts. But you know, friends I have that live there now 208 00:19:14,880 --> 00:19:22,160 on Westerners tell me that from day to day it's pleasant, it's free, 209 00:19:22,640 --> 00:19:29,359 nobody bothers you. So this is not in the average American has been convinced 210 00:19:29,400 --> 00:19:34,000 that it's still more door still the Soviet Union. It's not. Yeah, 211 00:19:34,000 --> 00:19:38,839 this is very true. You know, it is different. But he Putin's 212 00:19:40,799 --> 00:19:47,039 not my favorite dictator. But but I guess if the trains run on time, 213 00:19:47,160 --> 00:19:52,160 then people are happy and and they move on. So a energy, 214 00:19:52,519 --> 00:20:00,119 we have this insane energy policy emanating from the capitals of the world. It 215 00:20:00,240 --> 00:20:04,920 looks like it's aimed at shutting down sustainable energy to me, sustainable energies, 216 00:20:06,480 --> 00:20:12,359 hydrocarbons. It's been sustaining a modern civilization for over a hundred years and we're 217 00:20:12,440 --> 00:20:19,279 trading it for which I think. I don't I'm not against wind and solar 218 00:20:19,400 --> 00:20:25,000 and all that, but they just don't seem ready for prime time in a 219 00:20:25,039 --> 00:20:30,359 lot of cases, and we're crowding out the energy system that works for the 220 00:20:30,559 --> 00:20:36,759 energy system of the future that very well might not work. I mean, 221 00:20:37,440 --> 00:20:44,480 isn't that the definition of insanity? We can't have modern life without without energy, 222 00:20:44,759 --> 00:20:48,440 it just can exist. No, you're you're absolutely right. I mean, 223 00:20:49,480 --> 00:20:55,960 I too have nothing against wind and solar. They're fine for special applications 224 00:20:56,039 --> 00:21:03,119 and special places, but as mass power for an industrial civilization, it's actually 225 00:21:03,160 --> 00:21:07,000 crazy to try to do that, and to spend hundreds of billions. It's 226 00:21:07,000 --> 00:21:14,079 going to be trillions of dollars to build these things which lose money, which 227 00:21:14,160 --> 00:21:19,759 is to say, destroy capital, and the more you do it, the 228 00:21:19,839 --> 00:21:27,839 less reliable the grid becomes. It's actually crazy. So once again, this 229 00:21:29,079 --> 00:21:34,200 is the kind of people to get into the state that do these do these, 230 00:21:34,599 --> 00:21:41,799 do these crazy things that the answer from a technological point of view is 231 00:21:41,920 --> 00:21:49,440 nuclear power, which is by far the safest, the cleanest, and the 232 00:21:49,559 --> 00:21:56,680 cheapest form of mass power generation. And the hysteria that we've had against nuclear 233 00:21:56,759 --> 00:22:02,839 power for many years, I guess it's started with the hippies evolved into the 234 00:22:02,880 --> 00:22:14,680 greenies. We shouldn't be there are about fifty new technologies for small self contained 235 00:22:15,920 --> 00:22:22,920 variable nuclear plants. Uh, safe, cheap. There could be hundreds of 236 00:22:22,920 --> 00:22:27,519 them, thousands of them around the US that could actually fulfill the promise of 237 00:22:27,599 --> 00:22:33,039 nuclear power. It will be almost too cheap to monitor. Yeah, but 238 00:22:33,799 --> 00:22:37,640 that's what they told us in the sixties. Nuclear power is going to be 239 00:22:37,720 --> 00:22:42,279 so cheap that you won't have to you know, you won't have meters. 240 00:22:42,440 --> 00:22:45,200 It's going to be so cheap. But they managed to screw that one up, 241 00:22:45,200 --> 00:22:48,680 didn't they Well they did. It should be that cheap, and it 242 00:22:48,759 --> 00:22:55,920 would be that cheap if it had if nuclear power had not been regulated and 243 00:22:56,480 --> 00:22:59,680 to the level that it is that it is today. What are you doing 244 00:22:59,759 --> 00:23:02,480 dry having an electric car? What kind do you have? It's not like 245 00:23:02,799 --> 00:23:06,880 I got a Tesla. It's it's a lot of fun, you know. 246 00:23:06,920 --> 00:23:12,319 It's basically a supercar for under a hundred grand. So yes, they're lightning 247 00:23:12,400 --> 00:23:18,799 fast. I mean they're they're they're quite and they handle like slot cars because 248 00:23:18,279 --> 00:23:22,720 it is very low to the ground and the tech you know, like I 249 00:23:22,759 --> 00:23:26,200 put that thing on FSD. It just drove me home, you know, 250 00:23:26,480 --> 00:23:33,039 fifteen minutes before this interview. Basically I had to intercede once because it wanted 251 00:23:33,079 --> 00:23:41,279 to go in the wrong lane. And just the oh, the brilliance of 252 00:23:41,319 --> 00:23:45,880 it. You know, it's really incredible. I'm all, I'm all all 253 00:23:45,920 --> 00:23:49,359 for it. I like, uh, I've been a car guy in my 254 00:23:49,400 --> 00:23:56,119 whole life. I'm all all for is electric vehicles. But you're taking you're 255 00:23:56,160 --> 00:24:02,920 taking some risks. If the grid goes that Tessa will turn into a brick. 256 00:24:03,480 --> 00:24:07,759 Yeah, yeah, I have a generator, but you know that it 257 00:24:07,839 --> 00:24:14,519 is super super expensive. So yeah, I mean the you know there's a 258 00:24:14,640 --> 00:24:18,160 risk, but but it's been a lot of fun. I have to say, 259 00:24:18,200 --> 00:24:22,119 the most fun car I ever had in so many ways, like the 260 00:24:22,160 --> 00:24:26,400 greatest car ever made, as long as you don't have issues, right, 261 00:24:26,759 --> 00:24:30,480 Yes, yeah, no, I mean a lot of advantages, not many 262 00:24:32,200 --> 00:24:37,319 moving parts, and it's quiet and no, they really are they really are 263 00:24:37,440 --> 00:24:44,079 nice. It's just I understand. I can't confirm this, but there's legislation 264 00:24:44,799 --> 00:24:51,079 to prohibit Americans from buying small generators. Have you heard that or is that? 265 00:24:52,039 --> 00:24:56,039 Yeah, well they got to kill all the fun. Yeah, they're 266 00:24:56,079 --> 00:25:00,400 contemplating it. You know the amount of pollution that a generator puts out, 267 00:25:00,599 --> 00:25:07,240 especially if it runs on propein is nil. Natural gas is of all the 268 00:25:07,319 --> 00:25:11,680 hydrocarbons, by far the safest, cleanest burning, most efficient, energy efficient. 269 00:25:12,319 --> 00:25:18,680 But you know, leave it to these sociopaths to get on the bandwagon, 270 00:25:18,799 --> 00:25:23,039 right, Yeah, it is. And incidentally, right now natural gas 271 00:25:23,720 --> 00:25:30,720 is in real terms, at about the lowest level in history. Contracts are 272 00:25:30,799 --> 00:25:40,720 trading it around two dollars and fifty cents for a thousand MCS and very very 273 00:25:40,839 --> 00:25:49,160 cheap relative to everything, including US past. So I've been buying natural gas 274 00:25:49,200 --> 00:25:56,400 producers and some of them, especially in Canada and Alberta, are yielding those 275 00:25:56,480 --> 00:26:00,880 to ten percent dividends, and I think those dividends will only go up with 276 00:26:02,000 --> 00:26:07,319 natural gas prices in the future. So that's kind of an interesting area and 277 00:26:07,519 --> 00:26:11,240 otherwise overpriced stock market I think. Yeah, a lot of that, a 278 00:26:11,240 --> 00:26:14,960 lot of that. All right, Well, hey, Doug, really appreciate 279 00:26:14,960 --> 00:26:21,039 you coming on get sharing your insights on today's malaise with us, and the 280 00:26:21,079 --> 00:26:26,799 best place to find you is Internationalman dot com and also on YouTube. I 281 00:26:26,799 --> 00:26:30,640 guess that's where we are right now, isn't it. Yes, we will 282 00:26:30,720 --> 00:26:34,519 be shortly. Yeah, okay, So I'm also on Doug Casey's take on 283 00:26:34,519 --> 00:26:40,039 on YouTube, and I'd always like to plug my three novels. I've written 284 00:26:40,039 --> 00:26:45,119 a lot of books, but I like to mention the novels Speculator, Drug 285 00:26:45,160 --> 00:26:48,480 Lord and Assassin, which is another story. And they're all good reads, 286 00:26:48,480 --> 00:26:52,880 so absolutely I've read a couple of them. All right, Thanks so much, 287 00:26:52,960 --> 00:26:56,599 Doug. Hey, you've got a question for Doug myself, shoot me 288 00:26:56,640 --> 00:27:02,400 an email k l at kryltz dot com and the link to doug site and 289 00:27:02,599 --> 00:27:07,680 his YouTube channel is on the show notes to this interview on Financial Survival Network 290 00:27:07,759 --> 00:27:11,599 dot com. Make sure you sign up for your free newsletter. Doug always 291 00:27:11,599 --> 00:27:14,400 a pleasure. Keep up the great work. We'll talk to you again soon. 292 00:27:14,640 --> 00:27:18,880 Thanks Kerry, thanks for listening to carry Lets's Financial Survival Network, your 293 00:27:19,000 --> 00:27:25,720 solution to today's trying times. For the latest, go to Financial Survival Network 294 00:27:25,759 --> 00:27:30,200 dot com. Financial Survival Network now more than ever.