1 00:00:00,520 --> 00:00:05,040 Speaker 1: How do you be faithful with your finances in a 2 00:00:05,160 --> 00:00:09,439 time where it's difficult to find the faithful in finance. 3 00:00:09,960 --> 00:00:13,480 Oh and by the way, about that implantable tech President 4 00:00:13,560 --> 00:00:17,440 Trump wants to stick into our heads. Zach Abraham joins this, 5 00:00:17,559 --> 00:00:21,000 Chief Investment Officer, Bolwer Capital Management, courtesy of God Almighty. 6 00:00:23,199 --> 00:00:27,039 Speaker 2: But Todd Herman show is one percent disapproved by big 7 00:00:27,120 --> 00:00:34,880 pharma technocrats and tyrants everywhere from the high mountains of 8 00:00:35,039 --> 00:00:42,840 Free America. Here's the Emerald City exime, Todd Herman. 9 00:00:47,439 --> 00:00:50,039 Speaker 1: Today is the day the Lord has made, and these 10 00:00:50,079 --> 00:00:52,799 are the times through which God has decided we shall live. 11 00:00:53,359 --> 00:00:55,840 Joining me now, my friend and brother, Chief Investment Officer, 12 00:00:55,920 --> 00:00:59,359 Bulwark Capital Management, Zach Abraham, Zach, good to have you here, 13 00:00:59,359 --> 00:01:00,520 Thanks for coming a man. 14 00:01:01,240 --> 00:01:01,880 Speaker 3: Good to be here. 15 00:01:01,920 --> 00:01:02,079 Speaker 2: Man. 16 00:01:02,159 --> 00:01:05,640 Speaker 3: I know shortage of things to discuss, right. 17 00:01:05,680 --> 00:01:09,719 Speaker 1: Very much so, very much so. And I mentioned this 18 00:01:10,200 --> 00:01:12,680 yesterday to people and I couldn't believe the response to me, 19 00:01:12,840 --> 00:01:15,959 we get cool responses. But I mentioned that I had 20 00:01:15,959 --> 00:01:19,760 this stuff up on my substack and it's President Trump 21 00:01:19,760 --> 00:01:25,480 has signed an executive order to accelerate six G and 22 00:01:25,599 --> 00:01:30,319 this is purposely demonstrably being used by World Economic form 23 00:01:30,359 --> 00:01:33,319 types who have said the cell phone is going away, 24 00:01:34,519 --> 00:01:36,640 that stuff is all going to be implanted in our 25 00:01:36,640 --> 00:01:39,319 bodies at a time where Larry Fink says that from 26 00:01:39,319 --> 00:01:44,439 the day you're born, every financial act to undertake will 27 00:01:44,439 --> 00:01:48,519 be tied to a single blockchain forever, and that will 28 00:01:48,560 --> 00:01:51,040 be tied, of course to your social activities and what 29 00:01:51,200 --> 00:01:53,799 you say. So my question to you is a guy 30 00:01:53,799 --> 00:01:57,599 who works in finance, how do we have faithful finance 31 00:01:57,920 --> 00:01:59,959 with this stuff going around us that that sort of 32 00:02:00,120 --> 00:02:02,319 smells very mark of the beast ish to me. 33 00:02:04,640 --> 00:02:10,319 Speaker 3: Yeah, it's great, great question. Uh man. There's so many 34 00:02:10,360 --> 00:02:14,319 different ways to look at this. So yeah, I mean, 35 00:02:14,360 --> 00:02:16,199 you can look at it just from a pure economic side, 36 00:02:16,240 --> 00:02:18,479 but that's pretty dark and dystopian because. 37 00:02:18,360 --> 00:02:20,439 Speaker 1: Well let's start there, because that's where they're at. 38 00:02:21,439 --> 00:02:25,960 Speaker 3: So technology is going to technology, and forward is forward 39 00:02:26,039 --> 00:02:28,800 to these people. And you see it in the way 40 00:02:28,840 --> 00:02:33,000 that they're pursuing AI, meaning you know, you get into 41 00:02:33,000 --> 00:02:36,400 these scenarios where a lot of the dynamics and a 42 00:02:36,400 --> 00:02:39,639 lot of the cultural nuances that make America so great 43 00:02:40,400 --> 00:02:43,000 and also in certain scenarios hurt us, right, And I 44 00:02:43,319 --> 00:02:48,039 think to look at that when you combine like you know, 45 00:02:48,080 --> 00:02:53,000 American idealism or exceptionalism, Americans go get them culture yea. 46 00:02:53,280 --> 00:02:56,639 And then and then throw that into the competitive world 47 00:02:56,639 --> 00:02:58,639 of media, right, look at how it's dc Look look 48 00:02:58,639 --> 00:03:01,039 at how it's degenerated media. One of the biggest, you know, 49 00:03:01,120 --> 00:03:05,599 degenerating forces of media has been clickbait culture, right, which 50 00:03:05,639 --> 00:03:09,560 is all driven by the competitiveness. And you're not gonna 51 00:03:09,560 --> 00:03:11,960 find anybody that's going into competition in free markets. And 52 00:03:12,039 --> 00:03:14,120 I am I'm just saying there are, there are things, 53 00:03:14,120 --> 00:03:15,879 and it should come as no surprise where we move 54 00:03:15,879 --> 00:03:19,400 into these places in thiety or as a country, and 55 00:03:19,800 --> 00:03:21,919 the way that we do things is not going to 56 00:03:22,000 --> 00:03:24,000 help us. It's going to be hindrance. And I and 57 00:03:24,039 --> 00:03:27,199 I think that the technology situation is a perfect example. 58 00:03:27,240 --> 00:03:31,000 We are we are leaping before we look, and we're 59 00:03:31,039 --> 00:03:34,360 doing that in AI as well. So on the flip 60 00:03:34,400 --> 00:03:37,919 side of that, through the lens of a Christian man, 61 00:03:38,439 --> 00:03:43,879 as scary and as un uh umbooying is news like 62 00:03:43,960 --> 00:03:47,759 that is part of me sits here and goes it 63 00:03:47,759 --> 00:03:51,319 shouldn't be we know it's going this way right, like 64 00:03:51,479 --> 00:03:53,400 like we know it's going. 65 00:03:53,159 --> 00:03:55,360 Speaker 1: This because God told us it would go this way. 66 00:03:55,879 --> 00:03:59,840 Speaker 3: Right And so it's always I've always struggled with that 67 00:04:00,159 --> 00:04:07,879 part of I'm forgetting other really cool. I'm forgetting the 68 00:04:08,039 --> 00:04:11,080 really cool, the really cool Christian term for the study 69 00:04:11,520 --> 00:04:15,240 the study of end times. It's not anyway whatever. 70 00:04:15,639 --> 00:04:17,439 Speaker 1: Also looked it up and yell it to us. 71 00:04:18,079 --> 00:04:21,720 Speaker 3: Yeah, it's I want to say, like hermeneutics. I know 72 00:04:21,800 --> 00:04:26,040 that's not you know that sounds term. But anyway, So 73 00:04:26,160 --> 00:04:28,720 partying sits there and goes, well, why are we pushing 74 00:04:28,800 --> 00:04:31,439 back against this? And now I think we should pushing 75 00:04:31,519 --> 00:04:33,439 back against it as it relates to us getting and 76 00:04:33,519 --> 00:04:37,319 planted with these things children. I'm a hard no too. 77 00:04:37,800 --> 00:04:40,240 I'm just saying, like, are you going to see me 78 00:04:40,319 --> 00:04:42,879 out with a sign on an overpass saying don't put 79 00:04:42,879 --> 00:04:45,879 the machine in your body? No? Why because they're going 80 00:04:45,920 --> 00:04:46,360 to do it. 81 00:04:47,120 --> 00:04:49,160 Speaker 1: Okay, But I think here's here's where I might want 82 00:04:49,160 --> 00:04:51,519 to push back. By the way, the phrase is eschatology, 83 00:04:51,560 --> 00:04:54,959 study the eschatology eschatag So yeah, we were told that 84 00:04:55,000 --> 00:04:56,920 it would go this way. Here's where I'm at. Zach 85 00:04:57,000 --> 00:05:01,759 and you given you your stance as a Christian man, 86 00:05:01,959 --> 00:05:05,040 the what what? What has been provided to you and 87 00:05:05,079 --> 00:05:08,480 your wife through how God is blessed Bullwark. You have 88 00:05:08,680 --> 00:05:11,800 podcasts that is well listened to. You're always you're out 89 00:05:11,839 --> 00:05:15,560 on media. You're here. We, I think, are watchers at 90 00:05:15,560 --> 00:05:19,079 the gate. You warned people about the housing thing. That 91 00:05:19,360 --> 00:05:20,680 you were one of the guys saying, hey, can we 92 00:05:20,680 --> 00:05:22,600 shore at the housing market? And all the wise guys said, 93 00:05:22,680 --> 00:05:24,360 I can't be done, No one could do that. Plus 94 00:05:24,399 --> 00:05:27,160 it can't fail. You were a watcher at the gate. 95 00:05:27,279 --> 00:05:30,959 We see this coming, and I see these brain implants, 96 00:05:30,959 --> 00:05:32,759 and I and our body and punts, and I fully 97 00:05:32,800 --> 00:05:35,639 understand a what can be coded can be hacked. Therefore 98 00:05:35,639 --> 00:05:38,759 your body can be hacked. B you said, Silicon valley 99 00:05:39,079 --> 00:05:41,759 forward is forward. There's only one gear. Keep moving forward. 100 00:05:41,759 --> 00:05:45,160 If we can, we should. And if we can control 101 00:05:45,279 --> 00:05:47,920 mankind to think like we do, why shouldn't we look 102 00:05:47,920 --> 00:05:51,680 at AI? That you had this anthropic AI that gave 103 00:05:51,720 --> 00:05:56,800 itself license to negate attacks, that the commander in chief 104 00:05:56,839 --> 00:05:58,879 of the military or the Joint chiefs of staff said no, 105 00:05:58,959 --> 00:06:01,920 we're going to hit this target. Anthropic gave them themselves 106 00:06:01,920 --> 00:06:03,959 the right in the terms of service to go No, 107 00:06:04,079 --> 00:06:07,800 we won't help you with that attack. And right, so 108 00:06:08,079 --> 00:06:10,160 we're watchers at the gate. I think it's up to 109 00:06:10,279 --> 00:06:14,720 us from our platforms to say, do not get the 110 00:06:14,720 --> 00:06:18,600 body implants. Say right now, I'm a hard no, just 111 00:06:18,639 --> 00:06:21,000 like I was a hard mask no. I was a 112 00:06:21,040 --> 00:06:23,879 hard no on the lockdowns, a hard no on the injections. 113 00:06:24,319 --> 00:06:28,759 I am a one no on any form of body implant. 114 00:06:28,800 --> 00:06:30,480 I mean that that's how I see it, that we're 115 00:06:30,519 --> 00:06:31,319 watchers at the gate. 116 00:06:32,199 --> 00:06:35,879 Speaker 3: I know, so I agree with you on what I 117 00:06:35,920 --> 00:06:39,279 was getting to is that I am Look, I am 118 00:06:39,319 --> 00:06:42,279 all about outreach and trying to save souls and do 119 00:06:42,360 --> 00:06:44,240 all the stuff that I know that you believe in 120 00:06:44,279 --> 00:06:47,199 as well as I do. I'm just saying I'm watching things. 121 00:06:47,240 --> 00:06:49,519 And one of the realizations I'm starting to come to 122 00:06:50,519 --> 00:06:53,519 is that you know, to me, it very much looks 123 00:06:53,560 --> 00:06:55,120 like the sheeps and the sheep and the goat through 124 00:06:55,199 --> 00:06:58,000 the process of getting separated. It's it's what it looks. 125 00:06:58,120 --> 00:07:01,480 You see it all over the place. The other thing 126 00:07:01,519 --> 00:07:04,519 that I am very encouraged by, and it's also kind 127 00:07:04,519 --> 00:07:07,560 of scary to see, is have you noticed that anybody 128 00:07:07,600 --> 00:07:11,920 out there, regardless of where they start on the ideological 129 00:07:12,040 --> 00:07:15,600 arc of things right, whether liberal, conservative, whatever, atheist, Christian, 130 00:07:17,199 --> 00:07:19,800 And it's one of the things that gives me so 131 00:07:19,879 --> 00:07:23,480 much faith in belief in Christ and what we know 132 00:07:23,560 --> 00:07:26,040 to be true, because this is always the case. But 133 00:07:26,079 --> 00:07:28,399 I find it fascinating that anybody that you see out 134 00:07:28,399 --> 00:07:31,240 there that earnestly goes searching for truth, they all end 135 00:07:31,319 --> 00:07:34,240 up in the same place regardless of where they start, 136 00:07:34,800 --> 00:07:37,079 regardless of how I mean. Go less to a guy 137 00:07:37,120 --> 00:07:39,399 like Joe Rogan talk and listen to how what he 138 00:07:39,519 --> 00:07:41,720 has said and the messages and the things he's talked 139 00:07:41,720 --> 00:07:45,959 about have completely flipped from six or seven years ago. Right. 140 00:07:46,000 --> 00:07:49,120 So I am in no way saying I am not 141 00:07:49,240 --> 00:07:51,319 into reaching out and helping other people. But I do 142 00:07:51,399 --> 00:07:54,040 think that we're coming to a point where we need 143 00:07:54,079 --> 00:07:59,680 to economize our efforts and we need to aim them. 144 00:08:00,199 --> 00:08:05,480 In my opinion, at least initially or or with the 145 00:08:05,519 --> 00:08:07,800 majority of our force, we need to aim a lot 146 00:08:07,839 --> 00:08:12,160 of this stuff internally in terms of other Christians, because 147 00:08:12,399 --> 00:08:15,040 what I am starting to see again, we're not going 148 00:08:15,079 --> 00:08:17,680 to quit saying, you know, speaking the truth and giving 149 00:08:17,720 --> 00:08:20,759 the word, and you know, all of the things that 150 00:08:20,759 --> 00:08:24,319 we've been called to do. But you know, and this 151 00:08:24,360 --> 00:08:28,560 comes as no surprise to anybody Christian thought, Christian ideology 152 00:08:28,639 --> 00:08:33,200 Christian life practices, Christian way of living is becoming even 153 00:08:33,240 --> 00:08:36,159 more and more endangered, even in the own even in 154 00:08:36,200 --> 00:08:37,120 the Christian Church. 155 00:08:37,480 --> 00:08:40,240 Speaker 1: So you're saying, aim it internly beginning with the Body 156 00:08:40,279 --> 00:08:43,000 of Christ and educating the Body of Christ and solidifying 157 00:08:43,000 --> 00:08:45,440 the Body of Christ, and making sure that we're square 158 00:08:45,480 --> 00:08:49,320 on salvation issues, that people are not walking away from 159 00:08:49,399 --> 00:08:51,639 Christ or as people were warned throughout the Bible, do 160 00:08:51,720 --> 00:08:53,840 not wander away, do not be taken the pactice. 161 00:08:54,120 --> 00:08:57,120 Speaker 3: Yeah, And it's not about faith or being And it's 162 00:08:57,159 --> 00:08:59,039 not about faith, and it's not about me sitting there 163 00:08:59,039 --> 00:09:01,759 saying we need to accuse our efforts and go after 164 00:09:01,799 --> 00:09:04,639 the people we think God wants. I'm just talking about 165 00:09:04,679 --> 00:09:06,759 you have so many you have so many bullets right 166 00:09:06,759 --> 00:09:10,840 who you're going to aim them at? And what I 167 00:09:10,879 --> 00:09:15,480 am seeing is in the in public generally, I am 168 00:09:15,519 --> 00:09:21,720 seeing a you know, an increasing amount of vitriol painted 169 00:09:22,279 --> 00:09:25,679 pointed and aimed at anything that is aligned with Christian 170 00:09:25,679 --> 00:09:28,720 beliefs or whatsoever. And so what I'm saying is because 171 00:09:28,759 --> 00:09:31,000 of that, for that heightened in and then you listen 172 00:09:31,039 --> 00:09:32,919 to the people that have the most animous toward the 173 00:09:33,000 --> 00:09:36,440 Christian side of things. Yeah, like they're off their rocker. 174 00:09:37,120 --> 00:09:39,720 I mean, it's it's mad right, it's madness time. It's 175 00:09:39,720 --> 00:09:42,279 craziness time. We're making stuff up. We believe in all 176 00:09:42,279 --> 00:09:44,799 this stuff that isn't true. And what I'm saying is 177 00:09:44,799 --> 00:09:46,960 the realization I came to recently where I was like, 178 00:09:47,440 --> 00:09:49,480 I agree with everything you said. I think that we 179 00:09:49,559 --> 00:09:52,759 need to primarily be aiming that at those that have 180 00:09:53,240 --> 00:09:58,039 at soil that at least has the capacity to absorb 181 00:09:58,120 --> 00:09:59,919 the water and the seed. Do you know what I mean. 182 00:10:00,080 --> 00:10:03,639 Speaker 4: I'm just listening to a couple of social media posts 183 00:10:03,639 --> 00:10:07,200 about some people nobody is beyond God's redemption, but they're 184 00:10:07,240 --> 00:10:09,960 beyond mine, which means, you know, I got to logically 185 00:10:10,000 --> 00:10:11,320 sit there and say, do I have a chance of 186 00:10:11,360 --> 00:10:12,440 reaching somebody like that? 187 00:10:12,600 --> 00:10:12,799 Speaker 2: Now? 188 00:10:12,960 --> 00:10:15,320 Speaker 1: Yeah, Now, Jesus made that clear. You know, if you're 189 00:10:15,320 --> 00:10:17,639 in a village and you're out making disciples and they 190 00:10:17,679 --> 00:10:19,399 won't listen to you in the rid to you, you know, 191 00:10:19,440 --> 00:10:21,799 shake the dust off your sandals and move on and 192 00:10:21,879 --> 00:10:23,919 go to where it's more fruitful and where you could 193 00:10:23,919 --> 00:10:24,519 you're sees. 194 00:10:24,799 --> 00:10:25,720 Speaker 3: Yep, that was my point. 195 00:10:25,799 --> 00:10:28,240 Speaker 1: Yeah, right, So if we play this out and this 196 00:10:28,279 --> 00:10:30,120 is where I think, you know, as Christian people, we 197 00:10:30,120 --> 00:10:33,320 should we should war game with God's help, so we 198 00:10:33,440 --> 00:10:36,480 come to pass they get these implants. President Trump has 199 00:10:36,519 --> 00:10:39,039 signed this executive order to push this with six g 200 00:10:39,399 --> 00:10:41,279 He even said, what this is going to get more 201 00:10:41,279 --> 00:10:43,399 power to look in people's skin and see how perfect 202 00:10:43,399 --> 00:10:45,759 it is. He even said that like as if he's 203 00:10:45,840 --> 00:10:48,759 joking about this. So if we wore game, here's what 204 00:10:48,799 --> 00:10:51,600 God told us, neither buy norself and that's the market 205 00:10:51,600 --> 00:10:54,360 of the beast. Okay, so if we wore game this 206 00:10:54,440 --> 00:10:58,679 together looking at you philanthropically, looking at me philanthropically, looking 207 00:10:58,720 --> 00:11:01,600 at our both separate church communities body of Christ, but 208 00:11:01,639 --> 00:11:03,159 we don't live in the same place that attend the 209 00:11:03,159 --> 00:11:05,559 same church. I think this is a time for the 210 00:11:05,639 --> 00:11:09,559 church to begin to really concentrate on feeding souls first, 211 00:11:09,679 --> 00:11:12,840 saving souls. So that but then also I think we 212 00:11:12,960 --> 00:11:15,840 better start making plans as Christian villages to be able 213 00:11:15,879 --> 00:11:18,279 to feed a lot of people and to be able 214 00:11:18,320 --> 00:11:21,080 to do this outside of the zero push and that 215 00:11:21,159 --> 00:11:23,399 you're gonna have to eat the fake meats push, et cetera. 216 00:11:23,879 --> 00:11:26,039 I mean, I hate to say that we're gonna have 217 00:11:26,039 --> 00:11:29,960 to be Christian communes, but we might have to be 218 00:11:30,080 --> 00:11:32,919 if there's neither buy nor sell, how do you eat? 219 00:11:33,600 --> 00:11:40,480 Speaker 3: Like no, I, yeah, I don't. Those are interesting comments 220 00:11:40,559 --> 00:11:43,519 and or those are interesting thought exercises. I don't know. 221 00:11:43,559 --> 00:11:45,840 I don't have any answer to that. And I agree 222 00:11:45,879 --> 00:11:48,320 with you. It's one of the reasons why you know 223 00:11:48,480 --> 00:11:54,879 I want that. And you know, look, I'm really not 224 00:11:55,200 --> 00:11:58,679 an extreme or a worst case scenario type person. I'm 225 00:11:58,720 --> 00:12:01,120 really not. I could, yeah, I couldn't. Couldn't be to 226 00:12:01,200 --> 00:12:04,200 be in this, in this business that I'm in. Having 227 00:12:04,320 --> 00:12:08,960 said that, I'm not an idiot, and I do believe 228 00:12:08,960 --> 00:12:11,799 in the Word of God, and I have no idea 229 00:12:11,919 --> 00:12:15,480 the timeline, and no man shall know the day or 230 00:12:15,519 --> 00:12:18,960 the hour. And I have a lot of humility when 231 00:12:19,000 --> 00:12:20,559 it comes to approaching this because I don't have a 232 00:12:20,559 --> 00:12:22,559 better I don't have a better idea anybody else does. 233 00:12:23,200 --> 00:12:26,919 That being said, I think you're really hard pressed to 234 00:12:27,000 --> 00:12:29,200 be a person of faith and to be a Christian 235 00:12:29,679 --> 00:12:31,879 and to tell me that you don't see the same 236 00:12:31,960 --> 00:12:34,200 piece as p it moved around the board that I do. 237 00:12:34,639 --> 00:12:36,720 I mean, hey, like I said, no man shall know day. 238 00:12:36,759 --> 00:12:39,279 I'm open to anything. But at the same time you're 239 00:12:39,279 --> 00:12:45,679 looking around going yeah, I it's it's hard to push back. 240 00:12:45,759 --> 00:12:47,840 And and for that reason, it's one of the reasons 241 00:12:47,879 --> 00:12:51,720 that I'm currently looking for a piece of land somewhere 242 00:12:52,279 --> 00:12:55,799 out out somewhere where I think that I have the 243 00:12:55,840 --> 00:12:57,799 ability to hunt and fish and at least, you know, 244 00:12:58,120 --> 00:13:02,440 raise some food and things like that, because I'm preparing myself. 245 00:13:02,440 --> 00:13:05,080 Elice Mendally you brought that up. I'm preparing myself because 246 00:13:06,399 --> 00:13:09,000 you know, God grant me the strength. But that's that's 247 00:13:09,000 --> 00:13:11,799 a bridge too far for me. You know, me and 248 00:13:11,879 --> 00:13:14,960 my family will not be getting things implanted in us. 249 00:13:15,039 --> 00:13:17,360 We will not be getting whatever that looks like. Well, 250 00:13:17,399 --> 00:13:18,480 we're not going along with it. 251 00:13:18,759 --> 00:13:20,919 Speaker 1: So let's take this the other direction. Now, let's go back. 252 00:13:20,919 --> 00:13:23,519 We started this on a finance basis. I was listening 253 00:13:23,519 --> 00:13:27,279 to this guy talk and he was explaining that, yeah, 254 00:13:27,440 --> 00:13:29,840 sooner rather than later, we're going to see cell phones. 255 00:13:29,840 --> 00:13:31,519 Those things aren't going to exist. That this is going 256 00:13:31,559 --> 00:13:34,799 to be implanted in your bodies. And you and I 257 00:13:34,799 --> 00:13:36,759 are in agreements, like I have a place I can 258 00:13:36,840 --> 00:13:38,679 hunt and fish, and you know, we've got access to 259 00:13:38,720 --> 00:13:40,799 that stuff here in North Idaho. Praise God for that. 260 00:13:42,799 --> 00:13:44,879 But if I were to be making a financial pitch 261 00:13:44,919 --> 00:13:48,840 to you, like, how big is this financially and how therefore, 262 00:13:48,960 --> 00:13:50,799 how hard is it going to be for finance people 263 00:13:50,799 --> 00:13:53,399 to not say, okay, I'll back that. They're going to 264 00:13:53,440 --> 00:13:57,200 look at sunsetting iPhones, I mean mobile phones. They will 265 00:13:57,240 --> 00:13:59,559 set a sunset date for this. This watch I wear 266 00:13:59,720 --> 00:14:05,200 you Phoenix Pro seven. This is not implantable tech, but 267 00:14:05,279 --> 00:14:07,480 it follows me everywhere. It's tied to a think email 268 00:14:07,480 --> 00:14:10,399 account's not my Google accounts. They might know who I am, 269 00:14:10,480 --> 00:14:13,759 but not because I gave them the information. The pitch is, 270 00:14:13,799 --> 00:14:18,639 eventually the cell phone just doesn't have certain features. You know, 271 00:14:18,759 --> 00:14:21,720 we can't really support maps anymore. Now that's just vocal 272 00:14:21,799 --> 00:14:23,559 and you can't enter an address. You need to speak 273 00:14:23,600 --> 00:14:26,639 into it. And eventually, you know, the watch it is 274 00:14:26,759 --> 00:14:28,440 it needs to be. We need to do this impact. 275 00:14:28,519 --> 00:14:30,240 They're eventually going to get to a point where there 276 00:14:30,279 --> 00:14:33,639 aren't cell phones, and I could see the employment world 277 00:14:33,639 --> 00:14:36,919 being okay, so we're gonna need you to get this implant. 278 00:14:37,320 --> 00:14:38,440 What are you talking about, Well, we need to be 279 00:14:38,480 --> 00:14:40,480 able to reach you. You have to be able to work. 280 00:14:40,519 --> 00:14:43,759 Speaker 3: Okay, but this is where you're going off the rails. 281 00:14:43,919 --> 00:14:47,720 Government would never mandate we put something in our minds. 282 00:14:47,919 --> 00:14:51,360 Speaker 1: Oh, I don't know why. 283 00:14:51,480 --> 00:14:57,240 Speaker 3: Okay, so getting all conspiratorial right, right, But they did this. 284 00:14:58,159 --> 00:15:00,559 Speaker 1: So, Zach, if I'm looking at you as a finance 285 00:15:00,600 --> 00:15:03,480 guy and I'm saying, we're the company that's going to 286 00:15:03,600 --> 00:15:10,039 own seventy percent market share of the communication implants the platform, Zach, 287 00:15:10,320 --> 00:15:13,159 our company is going to have the operating system in 288 00:15:13,279 --> 00:15:16,799 seventy percent of human bodies. What do you value my 289 00:15:16,879 --> 00:15:23,879 company at? Is there a number you're talking about. We're 290 00:15:23,879 --> 00:15:26,279 gonna encour You're gonna need an updates, You're gonna need 291 00:15:26,320 --> 00:15:27,399 software updates. 292 00:15:28,000 --> 00:15:32,679 Speaker 3: I mean, realistically, if you had that kind of tech 293 00:15:32,720 --> 00:15:34,799 and that kind of company was out there right now, 294 00:15:35,279 --> 00:15:37,039 it would be hard for me not to see the 295 00:15:37,080 --> 00:15:41,240 market assignment somewhere to five to ten trillion dollar market gap. 296 00:15:41,639 --> 00:15:49,840 Speaker 1: Well let's see, Elon Musk has Starnut, Starlink, SpaceX, SpaceX, 297 00:15:49,919 --> 00:15:51,960 and he has the brain implants. 298 00:15:52,519 --> 00:15:56,639 Speaker 3: Bign company, Neuralink. Yeah yeah, no. And and here's the 299 00:15:56,720 --> 00:16:01,080 thing that people need to realize, right, it's it's it's 300 00:16:01,159 --> 00:16:04,879 not at least this is my interpretation. And I'm not 301 00:16:04,919 --> 00:16:06,879 a biblical scholar. I mean I've spent my entire life 302 00:16:06,919 --> 00:16:09,679 reading it. And you know, going to church and Bible 303 00:16:09,679 --> 00:16:11,440 studies and all that kind of stuff. But I'm not 304 00:16:11,639 --> 00:16:15,080 nowhere near to a spiritual scholar. But one of the 305 00:16:15,080 --> 00:16:16,440 things that I think we've got to keep in mind, 306 00:16:16,480 --> 00:16:19,080 and I think that we can we can extrapolate this 307 00:16:19,159 --> 00:16:22,360 over to President Trump. Just because somebody is a political 308 00:16:22,440 --> 00:16:25,720 ally of ours does not mean that they're with us spiritually, correct, 309 00:16:25,720 --> 00:16:27,360 And it doesn't mean and it does not mean they're 310 00:16:27,360 --> 00:16:29,639 aligned with us spiritually. And we're going to see a 311 00:16:29,679 --> 00:16:34,200 lot of people that are that are are our political allies, 312 00:16:34,519 --> 00:16:36,360 and we're going to see people that have done wonderful 313 00:16:36,440 --> 00:16:41,159 things politically go along with this. Why because it's technology 314 00:16:41,159 --> 00:16:43,120 and its progress. They're not looking at it through the 315 00:16:43,159 --> 00:16:45,440 same lens that we are. Right, they don't see the 316 00:16:45,559 --> 00:16:48,240 danger on the other side that we see, and they 317 00:16:48,240 --> 00:16:52,480 don't see where this is leading. So it I'll tell 318 00:16:52,519 --> 00:16:56,200 you where the difficult part for me, and for the 319 00:16:56,240 --> 00:16:59,519 most part, we're not there yet at least in my opinion. 320 00:17:00,120 --> 00:17:03,200 But on the investment side, right, meaning where do we 321 00:17:03,240 --> 00:17:06,000 put money? Because I will not fund something like that, 322 00:17:06,319 --> 00:17:10,000 so when that company pops out, we will not be shareholders. 323 00:17:10,039 --> 00:17:11,559 I can't profit off something like that. 324 00:17:11,640 --> 00:17:14,240 Speaker 1: We did, so we need to talk about that another like, 325 00:17:14,480 --> 00:17:15,720 we need to take a second and we need to 326 00:17:15,759 --> 00:17:19,079 think about this and talk about that. Zach Abraham get 327 00:17:19,079 --> 00:17:21,319 more at Know Your Risk podcast dot com, of course, 328 00:17:21,599 --> 00:17:23,880 and I want to continue to discussion here a second, Zach, 329 00:17:24,200 --> 00:17:25,839 and I could see why Tim wants to run his 330 00:17:25,880 --> 00:17:29,119 coffee company. He's CEO bone Frog Coffee founder there because 331 00:17:29,119 --> 00:17:30,880 there's no one shooting at him. We checked off on 332 00:17:30,920 --> 00:17:32,920 these things. Do you ever have IDs go off in 333 00:17:32,960 --> 00:17:34,799 the office? No, not so far. Do you ever have 334 00:17:34,839 --> 00:17:36,279 people shoot it you other the way to work? No, 335 00:17:36,319 --> 00:17:39,359 not so far. He did three deployments on our behalf 336 00:17:39,799 --> 00:17:42,200 into the Middle East as a Navy seal. He also 337 00:17:42,240 --> 00:17:45,160 loves the coffee company and loves to give you discounts. 338 00:17:45,519 --> 00:17:47,920 If you're a subscriber to bone Frog Coffee, you get 339 00:17:47,960 --> 00:17:52,559 free delivery on all subscription orders over eighty bucks. So 340 00:17:52,599 --> 00:17:56,119 if you are an existing subscriber but you're just getting 341 00:17:56,400 --> 00:17:58,839 you know, coffee, like two or three pieces a month, 342 00:17:59,079 --> 00:18:01,319 go all in, get the wh thing, get free delivery. 343 00:18:01,440 --> 00:18:03,839 You've never tried bone Frog Coffee. Go to Bonefrog Coffee 344 00:18:03,839 --> 00:18:06,240 dot com. Slash Todd use promo code Todd to get 345 00:18:06,240 --> 00:18:09,720 ten percent off your first purchase, fifteen percent off subscription coffee. 346 00:18:09,839 --> 00:18:11,640 Do check out the merch while you're there, because I 347 00:18:11,680 --> 00:18:14,839 think the merch is extraordinary. So you were saying you 348 00:18:14,839 --> 00:18:17,480 wouldn't put money, you wouldn't invest in this company. They 349 00:18:17,519 --> 00:18:19,880 came and said that we've got the seventy percent market 350 00:18:19,920 --> 00:18:23,200 share of the operating system of humankind. People are going 351 00:18:23,240 --> 00:18:26,319 to have to have our updates, our apps. Zach, We're 352 00:18:26,319 --> 00:18:28,160 going to ask you for this much money for our 353 00:18:28,480 --> 00:18:31,599 initial value is ten trillion dollars ten years from now, 354 00:18:31,599 --> 00:18:33,519 we think it's one hundred trillion. Are you in for 355 00:18:33,640 --> 00:18:36,559 a billion? And you're saying no, even though you could 356 00:18:36,599 --> 00:18:39,640 turn around and Bulwark could be worth you know, ten 357 00:18:39,720 --> 00:18:40,880 trillion dollars. 358 00:18:41,599 --> 00:18:44,079 Speaker 3: Yeah, And here's the deal. When we do turn that down, 359 00:18:44,160 --> 00:18:47,240 we'll have clients lead because of it. I get, you know. 360 00:18:47,759 --> 00:18:51,480 And the reason you won't is, or the reason I 361 00:18:51,519 --> 00:18:55,079 won't is I heard a pastor give a speech recently, 362 00:18:55,359 --> 00:18:58,160 or a sermon that I thought he made an excellent point. 363 00:18:58,200 --> 00:19:01,000 It's one that I think is missing from a lot 364 00:19:01,200 --> 00:19:05,559 of discussions in Christianity today. And he was talking about 365 00:19:05,880 --> 00:19:11,839 going down and visiting Jim Baker in prisons. 366 00:19:11,960 --> 00:19:14,160 Speaker 1: Jim from Jim and Tammy Faye Baker fame if people 367 00:19:14,160 --> 00:19:19,000 don't know, disgraced evangelical who frankly stole a bunch of money, 368 00:19:19,079 --> 00:19:20,559 did very bad things in the name of Christ. 369 00:19:20,880 --> 00:19:23,880 Speaker 3: Yes. Yes, And this guy had written a book and 370 00:19:23,960 --> 00:19:25,759 Jim Baker apparently had read the book in prison, and 371 00:19:25,839 --> 00:19:27,960 the requested that he could speak to him. So he 372 00:19:28,000 --> 00:19:29,480 went down there and talked to him, and he said, 373 00:19:29,559 --> 00:19:32,279 you know, you gotta tell me. He's like, you know, 374 00:19:32,359 --> 00:19:34,680 you still seem like a spirit feeled guy. When did 375 00:19:34,720 --> 00:19:37,880 you quit loving Jesus because you must have like abandoned 376 00:19:37,920 --> 00:19:39,680 Christ to do the things you did. And he goes, 377 00:19:40,079 --> 00:19:42,599 you know what's funny, He goes, I never did. He goes, 378 00:19:42,839 --> 00:19:44,839 that's not what happened. He goes, I love Jesus all 379 00:19:44,880 --> 00:19:47,160 the way through that whole thing. He said. What happened 380 00:19:47,200 --> 00:19:52,559 is I didn't fear God right, And you know, it's 381 00:19:52,599 --> 00:19:54,680 one of those reasons that like I've always kind of 382 00:19:54,680 --> 00:19:57,039 like shuddered when I see people wearing Jesus as my 383 00:19:57,119 --> 00:20:01,000 homeboy hat, you know where, I'm like, it's not your 384 00:20:01,000 --> 00:20:04,559 homeboy man. That's the that is the that is the 385 00:20:04,640 --> 00:20:07,039 being that laid the foundations of the earth and knit 386 00:20:07,079 --> 00:20:10,240 you together in your mother's womb. I think we probably 387 00:20:10,279 --> 00:20:14,680 should apply a bit more respect in reverence and if 388 00:20:15,079 --> 00:20:17,440 the reason I'm not touching that is because I, on 389 00:20:17,480 --> 00:20:20,319 the other hand, do have a fear of Come and 390 00:20:21,079 --> 00:20:23,880 I am not going to make business decisions that cross 391 00:20:23,920 --> 00:20:26,200 over what I know that He wants us to do. 392 00:20:26,960 --> 00:20:30,440 And so when that stuff comes out and it's apparent 393 00:20:30,480 --> 00:20:35,200 that it's moving that way, we're out and that'll probably 394 00:20:35,240 --> 00:20:38,519 really inhibit investment returns. But it's going to be what 395 00:20:38,599 --> 00:20:40,920 it is, because, like I said, I fear God, and 396 00:20:40,960 --> 00:20:44,319 I think that that's one of the things that we 397 00:20:44,400 --> 00:20:47,720 have to keep front and foremost in our minds. If 398 00:20:47,759 --> 00:20:49,680 you and I are correct about us going into a 399 00:20:49,680 --> 00:20:52,119 period of time that looks the way it very much 400 00:20:52,160 --> 00:20:53,799 does from the outside. I mean, if you had a 401 00:20:53,880 --> 00:20:56,599 checklist about what you want to see happen, you're all 402 00:20:56,640 --> 00:21:02,160 systems go right right. So so, just biblically speaking, and 403 00:21:02,279 --> 00:21:04,920 I think one of the primary concerns that we need 404 00:21:04,960 --> 00:21:08,000 to have at the forefront of our minds is hearing 405 00:21:08,039 --> 00:21:10,799 God properly and making sure, hey, it's the fourth quarter, 406 00:21:11,519 --> 00:21:14,519 make sure you're in your playbook, make sure you are dialed, 407 00:21:14,880 --> 00:21:18,319 make sure you are making eternal decisions and not ephemeral ones, 408 00:21:18,839 --> 00:21:21,599 and make sure you know you're on the right side 409 00:21:21,599 --> 00:21:25,920 of things, right, like this is go time and. 410 00:21:26,240 --> 00:21:28,759 Speaker 1: Twenty six is we don't sit at tables with scoffers, 411 00:21:29,599 --> 00:21:33,640 We do not eat with non believers, right. We love 412 00:21:33,920 --> 00:21:38,759 the habitation of God's home, of his temple, of his words, 413 00:21:39,119 --> 00:21:42,279 and we don't walk with scoffers. And if you are 414 00:21:42,720 --> 00:21:47,000 going to install implants in the people and control them 415 00:21:47,000 --> 00:21:49,599 that way, you're not just a scoffer, right, You're a 416 00:21:49,640 --> 00:21:52,400 schemer and a plotter. So I fully endorse and I'm 417 00:21:52,400 --> 00:21:54,160 so thankful that you take that point of view. And 418 00:21:54,720 --> 00:21:56,160 on this topic, I don't did. 419 00:21:56,079 --> 00:21:59,559 Speaker 3: You see demonic? Let me push it throughther you're a 420 00:21:59,559 --> 00:22:02,720 demonic lever, right, If you're going along with this, you're 421 00:22:02,880 --> 00:22:04,400 part of the wrong plan. 422 00:22:04,519 --> 00:22:04,680 Speaker 4: Right. 423 00:22:04,680 --> 00:22:08,039 Speaker 3: You're an active player. So yeah, yeah, and. 424 00:22:08,559 --> 00:22:11,200 Speaker 1: You will be. You will answer for that, and that 425 00:22:11,319 --> 00:22:14,440 answer might be in hell if you are signing up 426 00:22:14,440 --> 00:22:16,079 with the demons to do this to people, and if 427 00:22:16,079 --> 00:22:18,039 you somehow you make it through that, you're gonna have 428 00:22:18,039 --> 00:22:21,079 a long conversation with Jesus about why did you do 429 00:22:21,119 --> 00:22:25,720 the market the beast. Yeah, well but the Lord, did 430 00:22:25,720 --> 00:22:31,559 you see the returns? Yeah, but we had a killer 431 00:22:31,680 --> 00:22:35,960 fourth court right with the expectations. All the analysts were lost. 432 00:22:36,599 --> 00:22:40,119 So this is a little bit like off the purely spiritual. 433 00:22:40,200 --> 00:22:43,119 They don't think it needs to be. You saw that 434 00:22:43,400 --> 00:22:46,359 Jack Dorsey fired a bunch of people. Did you see this? Okay? 435 00:22:46,759 --> 00:22:49,400 I don't even really understand what blocks the company does. 436 00:22:49,440 --> 00:22:51,599 I mean, I think it ties together all his financial 437 00:22:51,640 --> 00:22:55,359 investments like Square and cash app and all that. So 438 00:22:55,839 --> 00:22:57,960 can we admit he's really good at what he does? 439 00:22:58,799 --> 00:23:01,839 Speaker 3: Yeah, he's he's actually at what he does. And the 440 00:23:01,880 --> 00:23:04,279 other thing I'll say for Jack Dorsey is if you're 441 00:23:04,359 --> 00:23:09,839 looking at him through the lens of Silicon Valley billionaires, 442 00:23:09,880 --> 00:23:14,200 he's one of the better ones, meaning he's done some 443 00:23:14,319 --> 00:23:17,599 questionable things, but he's also not at least my impression 444 00:23:17,599 --> 00:23:20,480 of him is that he is not an enemy of 445 00:23:20,519 --> 00:23:24,000 the state. Well, he's more reasonable. 446 00:23:24,279 --> 00:23:26,880 Speaker 1: Yeah, he says no state is the best state on 447 00:23:26,960 --> 00:23:30,599 this profile. He let Twitter become a censorship machine, and 448 00:23:30,640 --> 00:23:33,039 he's later come out and said I should have never 449 00:23:33,079 --> 00:23:35,880 given a net pressure and Elon's right to do what 450 00:23:35,920 --> 00:23:39,119 Elon's done with Twitter and He actually posted this on 451 00:23:39,160 --> 00:23:42,359 Twitter and he made this note. He said, today we're 452 00:23:42,400 --> 00:23:43,960 making one of the harsh decisions in the history of 453 00:23:44,000 --> 00:23:47,200 the company. We're reducing our organization by nearly half, from 454 00:23:47,240 --> 00:23:49,640 over ten thousand people to just under six thousand. That 455 00:23:49,680 --> 00:23:52,200 means over four thousand of you are being asked to 456 00:23:52,319 --> 00:23:56,400 leave or entering into consultation. I'll be straight about what's happening, why, 457 00:23:56,759 --> 00:23:59,480 what it means for everyone. First off, if you're one 458 00:23:59,519 --> 00:24:01,759 of the few the people affected, you receive a sour 459 00:24:01,759 --> 00:24:04,519 of about twenty weeks plus one week per year of tenure. 460 00:24:04,720 --> 00:24:07,000 That's pretty solid. I mean, give it to that guy. 461 00:24:07,119 --> 00:24:07,599 Speaker 3: Very fair. 462 00:24:07,960 --> 00:24:11,079 Speaker 1: Equity vested through the end of May, six months of healthcare, 463 00:24:11,359 --> 00:24:14,519 your corporate devices, and five thousand dollars to put toward 464 00:24:14,559 --> 00:24:17,519 whatever you may need to help in this transaction or transition. 465 00:24:17,680 --> 00:24:21,279 That's solid. That's a really fair package, treating people well, 466 00:24:21,480 --> 00:24:23,880 and it's across the board. If you're outside the US, 467 00:24:23,880 --> 00:24:26,079 you receive a similar support, but exact details are going 468 00:24:26,119 --> 00:24:28,519 to very based on location requirements. I want you to 469 00:24:28,559 --> 00:24:31,240 know that before anything else. Everyone will be notified today 470 00:24:31,240 --> 00:24:33,799 whether you're being asked to leave, entering into consultation, or 471 00:24:33,839 --> 00:24:36,839 asked to stay. We're not making this decision because we're 472 00:24:36,839 --> 00:24:40,160 in trouble. Our business is strong, gross profits continue to grow, 473 00:24:40,359 --> 00:24:43,400 we continue to serve more and more customers, and profitabilities improving. 474 00:24:43,680 --> 00:24:46,559 But something has changed. We're already seeing that the intelligence 475 00:24:46,559 --> 00:24:49,680 tools we're creating and using, paired with smaller and flatter teams, 476 00:24:49,920 --> 00:24:52,640 are enabling a new wave of working which fundamentally changes 477 00:24:52,680 --> 00:24:55,119 what it means to build and run a company, and 478 00:24:55,160 --> 00:24:59,000 that's accelerating rapidly. You can dislike Jack Dorsey all you want, 479 00:24:59,039 --> 00:25:01,960 but this guy gets tech like few people get it. 480 00:25:02,799 --> 00:25:05,599 This has been seen as AI did these firings, and 481 00:25:05,640 --> 00:25:08,720 then the day he posted this, Zach I looked at 482 00:25:08,720 --> 00:25:12,559 the gain on the stock market and they went up 483 00:25:12,640 --> 00:25:18,000 twenty five percent after this report because they ended the 484 00:25:18,119 --> 00:25:23,319 jobs of a huge portion of their employment base and 485 00:25:23,519 --> 00:25:26,799 gave them a very fair package. But is anything more 486 00:25:26,839 --> 00:25:30,160 clear of signs of things to come economically and job 487 00:25:30,200 --> 00:25:31,039 wise than this. 488 00:25:32,200 --> 00:25:32,359 Speaker 2: No. 489 00:25:32,839 --> 00:25:35,960 Speaker 3: And now the one the one grain of salt that 490 00:25:35,960 --> 00:25:39,000 we've got to enter in there is that when we 491 00:25:39,079 --> 00:25:43,720 talk about AI taking over jobs, it's going to happen 492 00:25:43,799 --> 00:25:46,240 rapidly and in a way that we've never seen before. 493 00:25:46,519 --> 00:25:49,599 But it's going to happen rapidly. And you know, there's 494 00:25:49,599 --> 00:25:51,759 a certain amount of poetic justice in this as well. 495 00:25:52,319 --> 00:25:55,319 It's going to happen most rapidly in the tech sector. Okay, 496 00:25:55,359 --> 00:25:58,880 So if you're outside the tech sector, if you're working 497 00:25:58,960 --> 00:26:00,559 a trade job, if we're going and you know, all 498 00:26:00,599 --> 00:26:03,640 these other kind of stuff, you're a long ways out 499 00:26:03,759 --> 00:26:09,440 from being disrupted or or being obsoleted. If you're a 500 00:26:09,480 --> 00:26:13,799 person sitting in a San Francisco or a Silicon Valley 501 00:26:15,160 --> 00:26:19,720 tech company, though in your coating, yeah, it doesn't look 502 00:26:19,799 --> 00:26:22,839 very good. It doesn't look very good. And I think 503 00:26:23,400 --> 00:26:26,480 that you will probably look at the majority of these 504 00:26:26,519 --> 00:26:31,200 tech companies unfortunately, and forty percent reduction in labor staff 505 00:26:31,240 --> 00:26:36,079 will probably be seen as on the light side. I 506 00:26:36,160 --> 00:26:38,319 think a lot of these tech companies now, with the 507 00:26:38,359 --> 00:26:42,599 proper deployment of AI, could probably lower their their workforce 508 00:26:42,640 --> 00:26:45,759 by sixty five to eighty percent a missfeed. I mean, 509 00:26:46,119 --> 00:26:48,200 you go look at the number of people that are coders, 510 00:26:48,240 --> 00:26:50,160 the people that assist them, the people that work with them, 511 00:26:50,160 --> 00:26:52,440 and the stuff around it. You're probably talking on the 512 00:26:52,480 --> 00:26:54,640 average tech company, You're probably looking at seventy to eighty 513 00:26:54,640 --> 00:26:59,519 percent of the labor. So now not with a company 514 00:26:59,559 --> 00:27:03,799 like Amazon on right, most of their employees are not coders, 515 00:27:04,200 --> 00:27:08,680 but they're impacted the same way. Right, they're inside of 516 00:27:08,720 --> 00:27:11,759 factories that are going to be quickly displaced with you know, 517 00:27:11,799 --> 00:27:16,039 autonomous robots and things like that. So it's going to 518 00:27:16,079 --> 00:27:19,319 move quickly during the tech tech industry. The one thing 519 00:27:19,400 --> 00:27:21,279 though that I also want to caution people is on 520 00:27:21,319 --> 00:27:24,200 the investment side, you've got to keep you've got to 521 00:27:24,279 --> 00:27:28,279 keep in mind scale. Okay, so it's awful for everybody 522 00:27:28,279 --> 00:27:31,880 that works at block that forty of the workforce is gone, 523 00:27:32,400 --> 00:27:35,640 But when you look at four thousand jobs it proper 524 00:27:35,839 --> 00:27:38,680 scale into the entire size of this economy, it is 525 00:27:38,880 --> 00:27:41,119 truly nothing. It is like a drop in the bucket. 526 00:27:41,480 --> 00:27:44,759 The other good thing about tech is despite the high 527 00:27:44,759 --> 00:27:48,279 evaluations and all the kind of stuff it when you 528 00:27:48,359 --> 00:27:51,319 look at the people that are employed by high tech, 529 00:27:51,359 --> 00:27:54,839 it's not a ton of people right in relationship to 530 00:27:54,880 --> 00:27:57,880 the entire economy. Is it going to create waves? Oh yeah? 531 00:27:58,200 --> 00:28:01,160 Is it going to create economic disruptions? Oh yeah. The 532 00:28:01,279 --> 00:28:06,119 interesting thing is it's very deflationary, right, AI is very deflationable. 533 00:28:06,160 --> 00:28:08,319 Speaker 1: Hold that thought, because that's super super important and I 534 00:28:08,359 --> 00:28:10,200 want to make sure we get this really, really nailed, 535 00:28:10,200 --> 00:28:12,319 because this is an important thought for people who run 536 00:28:12,319 --> 00:28:15,640 their on investments, et cetera. You've got to understand this stuff. 537 00:28:15,920 --> 00:28:17,799 And then I want to loop this back into being 538 00:28:17,960 --> 00:28:20,079 men of faith. To what degree you and I can 539 00:28:20,160 --> 00:28:23,960 fire people and still be okay if we're going to 540 00:28:23,960 --> 00:28:26,400 go out and use AI, because I think that's another conversation. 541 00:28:27,160 --> 00:28:27,319 Speaker 2: Now. 542 00:28:27,359 --> 00:28:30,079 Speaker 1: I've been talking about getting down to renew healthcare, and 543 00:28:30,119 --> 00:28:32,519 I shouldn't say this as someone who's in business with them, 544 00:28:32,599 --> 00:28:34,440 and I shouldn't say this is someone who gets a 545 00:28:34,480 --> 00:28:36,720 share of revenues from people who go down there. That's 546 00:28:36,720 --> 00:28:40,759 our business arrangement. I haven't been able to schedule the 547 00:28:40,799 --> 00:28:45,839 time because I am not psychologically well enough to sit 548 00:28:45,920 --> 00:28:50,240 on an airplane on a ramp for six hours. And 549 00:28:50,279 --> 00:28:52,480 this has been happening to people, and I recognize that. 550 00:28:52,519 --> 00:28:54,680 I know there's reasons that people aren't going down. So 551 00:28:54,799 --> 00:28:56,319 let me just give you this heads up. This is 552 00:28:56,359 --> 00:28:59,000 going to come to pass. It'll be over. I'm going 553 00:28:59,039 --> 00:29:01,559 to go down for the anti aging protocol, so this 554 00:29:01,599 --> 00:29:03,279 can turn out to be good news for all of us. 555 00:29:03,279 --> 00:29:05,880 If you're interested in the anti aging protocol this male 556 00:29:05,960 --> 00:29:08,960 clinic level, look at your body, starting with an epigenetic 557 00:29:09,039 --> 00:29:11,880 analysis of your aging, looking at all of your organs, 558 00:29:11,880 --> 00:29:14,839 the performance of your organs, us greening you for cancers, 559 00:29:14,880 --> 00:29:18,279 et cetera. They will then take that information and put 560 00:29:18,279 --> 00:29:20,640 together a plan for you. They'll present it to you 561 00:29:20,680 --> 00:29:23,960 how much it will cost. It's not cheap, but then again, 562 00:29:24,240 --> 00:29:26,359 dying painfully is not cheap, and not being able to 563 00:29:26,400 --> 00:29:28,960 live life to the folk extents is not cheap. And 564 00:29:29,119 --> 00:29:32,119 you get something else, you know, what helps you financially 565 00:29:33,279 --> 00:29:35,400 to come back with the three to five things you 566 00:29:35,440 --> 00:29:38,960 can concentrate on and the kit things you can do 567 00:29:39,000 --> 00:29:41,960 at home to slow your aging or reverse your arc 568 00:29:42,000 --> 00:29:44,799 of aging. And that kit you can do at home, 569 00:29:45,240 --> 00:29:48,079 the three to five things you focus on huge money saver. 570 00:29:49,079 --> 00:29:51,160 You go to the doctor, doctor recommends something like this. 571 00:29:51,240 --> 00:29:52,720 You could say, hey, is it within these three to 572 00:29:52,799 --> 00:29:55,240 five things? I don't think so that's going to be 573 00:29:55,319 --> 00:29:58,039 my concentration. So be the CEO of your health. Come 574 00:29:58,079 --> 00:30:00,279 back with the plan and the things you could do 575 00:30:00,319 --> 00:30:03,039 at home, and get this set up now so that 576 00:30:03,079 --> 00:30:06,480 when this travel thing passes, and it will, you and 577 00:30:06,559 --> 00:30:08,640 I can all go down together and have a great time. 578 00:30:09,079 --> 00:30:11,160 Making sure that we're the CEOs of our own health 579 00:30:11,200 --> 00:30:14,799 Go learn about this at renew and you e dot 580 00:30:14,799 --> 00:30:16,440 Healthcare telling me we want to talk about the anti 581 00:30:16,480 --> 00:30:19,440 agent protocol. One of the patient ambassadors will help you. 582 00:30:19,880 --> 00:30:22,400 It's renew dot Healthcare telling me. You're part of the 583 00:30:22,400 --> 00:30:29,000 Todd Herman Shaw family. So AI is deflationary. Yeah, and 584 00:30:29,119 --> 00:30:31,599 this this should mean something for people who are kind 585 00:30:31,640 --> 00:30:35,319 of doing DIY investing at home. It should also mean 586 00:30:35,400 --> 00:30:38,039 something if you're buy and hold, you should probably listen 587 00:30:38,119 --> 00:30:41,039 real close to a guy who does risk management actively 588 00:30:41,079 --> 00:30:43,559 managing portfolios, which can we disc riss and volatility By 589 00:30:43,559 --> 00:30:44,200 the way. 590 00:30:44,359 --> 00:30:46,440 Speaker 3: Yeah, hey, I'm look at that plot that. Yeah, so 591 00:30:48,599 --> 00:30:52,119 it's you got to love markets and hit human ingenuity. 592 00:30:52,160 --> 00:30:54,799 It's really funny when we're up against, you know, the 593 00:30:54,839 --> 00:30:57,799 greatest inflationary pulse that we've seen in the last forty years. 594 00:30:58,039 --> 00:30:59,799 That's at the same time that you you're at the 595 00:31:00,160 --> 00:31:02,920 we stand at the precipice of a the most deflationary 596 00:31:02,920 --> 00:31:05,480 technology of all time. And why is it the most 597 00:31:05,480 --> 00:31:08,359 deflationary technology of all time? Because it's going to drastically 598 00:31:08,400 --> 00:31:12,319 lower costs. Right look at block right Block now is 599 00:31:12,359 --> 00:31:15,200 telling you that they can operate their business at the 600 00:31:15,240 --> 00:31:18,440 same level and probably a greater efficiency level by deploying 601 00:31:18,480 --> 00:31:22,720 AI than they can having a workforce is forty percent larger. Okay, 602 00:31:22,759 --> 00:31:24,920 that is not unique to block Like I said, that 603 00:31:25,039 --> 00:31:27,279 is going to become the story of virtually every single 604 00:31:27,319 --> 00:31:30,799 tech company when you consider the fact fact that tech 605 00:31:30,839 --> 00:31:33,799 companies are by far and away the highest paying employers. 606 00:31:34,200 --> 00:31:38,000 You look at how many high paying jobs are getting nuked. Okay, 607 00:31:38,359 --> 00:31:41,680 what we forget about is we just think about the 608 00:31:41,720 --> 00:31:43,960 downside of that as being unemployed. And that's a very 609 00:31:43,960 --> 00:31:46,640 real human cost. And every time I see a headline 610 00:31:46,640 --> 00:31:48,759 of people getting laid off, you know, you say a 611 00:31:48,799 --> 00:31:50,720 quick prayer for me for you know, you know that 612 00:31:50,799 --> 00:31:52,960 for a lot of them, they're entering a really bad 613 00:31:53,039 --> 00:31:55,480 time right trying to figure out how they're going to 614 00:31:55,519 --> 00:31:57,480 pay for the kids, how they're going to figure things out, 615 00:31:57,920 --> 00:32:01,000 all that kind of stuff. But this is the trajectory 616 00:32:01,039 --> 00:32:05,319 it is going. And think about the impact that has 617 00:32:05,400 --> 00:32:10,319 where all of a sudden, you like, like, let's use 618 00:32:10,480 --> 00:32:13,279 let's use a city like San Francisco as a quick analogy, 619 00:32:13,599 --> 00:32:17,359 and you think about how much techno money dominates that 620 00:32:17,359 --> 00:32:21,000 that space. Let's say of all of the big cap 621 00:32:21,079 --> 00:32:24,559 tech people laid off forty percent of their workforce just 622 00:32:24,640 --> 00:32:28,039 in the state of California. Now, when they start these 623 00:32:28,160 --> 00:32:31,200 layoffs in mass my guess is is that more of 624 00:32:31,279 --> 00:32:33,720 the layoffs will be pointed at California than any other 625 00:32:33,759 --> 00:32:36,160 place because that's where the highest paid people are. 626 00:32:36,400 --> 00:32:36,599 Speaker 4: Right. 627 00:32:37,279 --> 00:32:40,400 Speaker 3: So if you lay those people off, let's say, over 628 00:32:40,440 --> 00:32:42,559 the course of six months, what do you think would 629 00:32:42,599 --> 00:32:44,960 happen to Holmes and the Palo Alto in the San 630 00:32:44,960 --> 00:32:48,839 Francisco area between the prices of two to six million dollars. 631 00:32:50,079 --> 00:32:52,440 They're going to fall, Yeah, they're going to fall down. 632 00:32:52,759 --> 00:32:52,960 Speaker 2: Right. 633 00:32:53,279 --> 00:32:55,960 Speaker 3: What do you think about BMW dealerships around that area? 634 00:32:55,960 --> 00:32:59,759 Speaker 1: Ooops wops? Rightships? Maybe ye whoop? 635 00:32:59,799 --> 00:33:03,720 Speaker 3: See yeah, And so that is a big deflationary force. 636 00:33:03,799 --> 00:33:06,079 Then we've got to think about the trickle down effects. 637 00:33:06,640 --> 00:33:09,000 Those same people aren't going to be hiring a construction 638 00:33:09,119 --> 00:33:11,880 crew to build an entertainment facility on the back porch. 639 00:33:12,160 --> 00:33:14,160 They're not going to be putting in a pool. They're 640 00:33:14,200 --> 00:33:15,920 not going to be building on an addition for mother 641 00:33:15,960 --> 00:33:18,000 in law to come live in. Right, They're not going 642 00:33:18,039 --> 00:33:20,839 to need the electrical work, the plumbing work, property taxes, 643 00:33:20,920 --> 00:33:23,839 all of these different things, so it's going to be 644 00:33:23,880 --> 00:33:29,519 a very deflationary force. Now, the tough part of figuring 645 00:33:29,559 --> 00:33:31,480 all this out is what's that going to mean for us? 646 00:33:31,519 --> 00:33:33,880 Because we already know how the governments are going to 647 00:33:33,960 --> 00:33:36,680 respond to a deflationary force. What are they going to do? 648 00:33:36,839 --> 00:33:40,000 They're going to print more. And in that way, you 649 00:33:40,079 --> 00:33:43,799 can actually look at what Trump is saying and sit 650 00:33:43,839 --> 00:33:47,200 there and go, Okay, you're not cutting government budgets quick enough, 651 00:33:47,880 --> 00:33:50,920 and there is no economic to justify a rate hike 652 00:33:51,839 --> 00:33:54,680 if depending on the speed of how AI rolls out, 653 00:33:56,079 --> 00:33:58,079 like if you look at economic out of the day, 654 00:33:58,079 --> 00:34:00,000 what Trump is saying, there is no basis to cut 655 00:34:00,160 --> 00:34:05,240 infrastrates substantially. There is no basis. But you could absolutely 656 00:34:05,240 --> 00:34:07,359 see the scenario inside of twelve months where there would 657 00:34:07,359 --> 00:34:09,639 be yeah, because these job cuts are going to come 658 00:34:09,679 --> 00:34:12,880 fast right the minute they got these tech guys. And 659 00:34:13,079 --> 00:34:15,199 I'm not telling you anything you don't know, but they 660 00:34:15,239 --> 00:34:19,159 are not encumbered by the same moral quandaries that you 661 00:34:19,199 --> 00:34:19,599 and I are. 662 00:34:19,800 --> 00:34:23,159 Speaker 1: No and nor are their investors, and their investors I 663 00:34:23,159 --> 00:34:25,119 guarantee and you know this that I know this that 664 00:34:25,159 --> 00:34:29,719 when Dorsey made this announcement, there were board calls scheduled, 665 00:34:30,480 --> 00:34:32,679 get the founder and the CEO and the CFO on 666 00:34:32,760 --> 00:34:35,599 the phone of every single one of our companies, and those. 667 00:34:35,400 --> 00:34:38,159 Speaker 3: Calls went like this, heel them to do the same thing. 668 00:34:38,360 --> 00:34:40,559 Speaker 1: Right, you saw what Jack did. We want a plan 669 00:34:41,400 --> 00:34:43,039 by Wednesday of next week on how we're going to 670 00:34:43,079 --> 00:34:46,320 have similar cuts and we want to see a twenty 671 00:34:46,360 --> 00:34:49,119 to thirty percent across the boards, and we want it 672 00:34:49,159 --> 00:34:52,400 done now because if AI can do this there, we 673 00:34:52,480 --> 00:34:53,800 got to do it here. We got to keep up. 674 00:34:54,119 --> 00:34:56,000 And as they used to say in the media business, 675 00:34:56,039 --> 00:34:58,840 here's how they say it in the media business down 676 00:34:58,920 --> 00:35:03,039 cycle and ads. I need ten heads, that's and that's 677 00:35:03,039 --> 00:35:04,800 how they referred to human beings ten. 678 00:35:04,639 --> 00:35:09,039 Speaker 3: Heads yep, yep. Yeah. And these and you and I 679 00:35:09,039 --> 00:35:11,320 both know these tech guys are even more ruthless. So 680 00:35:11,360 --> 00:35:14,480 these job cuts are going to come fast. This is 681 00:35:14,519 --> 00:35:18,400 not investment advice and at all, and this is not 682 00:35:18,519 --> 00:35:21,519 something we're doing. But having said that, I would not 683 00:35:21,679 --> 00:35:25,679 be surprised if that It'll probably take one or two 684 00:35:25,800 --> 00:35:29,960 other companies announcing and that could kind of start the firestorm. Right. 685 00:35:30,000 --> 00:35:31,719 You know how this stuff starts. It always starts with 686 00:35:31,760 --> 00:35:34,119 one company, then two or one or two more do 687 00:35:34,199 --> 00:35:37,599 it and then boom the domino starts fall. That could 688 00:35:37,599 --> 00:35:40,039 be the impetus for a really good rally on on 689 00:35:40,159 --> 00:35:44,039 big cap tech here. So outside of outside of that, 690 00:35:44,639 --> 00:35:48,159 US still broadly to me is extraordinarily non interesting, just 691 00:35:48,159 --> 00:35:50,599 because it's so expensive compared to the rest of the world. 692 00:35:50,639 --> 00:35:52,960 And you know, you've looked at all the drama you've 693 00:35:52,960 --> 00:35:54,880 had this year. If you're a US investor, you're sitting 694 00:35:54,920 --> 00:35:57,880 on zero percent gains. Meanwhile we're sitting on thirteen to fifteen. 695 00:35:58,280 --> 00:36:02,199 So yeah, I just I think, but if they start 696 00:36:02,239 --> 00:36:04,760 announcing that, you will see a rally kind of like 697 00:36:04,800 --> 00:36:06,480 you saw on Block across the board in a lot 698 00:36:06,480 --> 00:36:07,119 of those names. 699 00:36:07,199 --> 00:36:12,000 Speaker 1: So we as Christian men, you know, Alex is irreplaceable 700 00:36:12,000 --> 00:36:14,119 to me. We've been together so long in radio and 701 00:36:14,599 --> 00:36:16,320 he actually came to me one day and said, you 702 00:36:16,400 --> 00:36:18,400 could actually replace me with AI, and I said, no, 703 00:36:18,480 --> 00:36:21,840 I can't replace you because I trust you and you 704 00:36:21,920 --> 00:36:25,239 know me, and we've worked together so long. And as 705 00:36:25,360 --> 00:36:30,639 Christian men running businesses, I mean, I think we have 706 00:36:30,719 --> 00:36:33,159 to use AI to some degree because it's a big 707 00:36:33,159 --> 00:36:36,000 fancy search engine and I'm using it to write my 708 00:36:36,039 --> 00:36:39,559 book and it's been really helpful in that I'm very 709 00:36:39,559 --> 00:36:42,119 careful to never treat it as human. I treat it 710 00:36:42,119 --> 00:36:44,880 as an algorithm software. That's it. Don't be condient. I 711 00:36:44,880 --> 00:36:48,519 think it's a human. But man, we're going to be 712 00:36:48,559 --> 00:36:51,800 under pressure too, and I think as Christian men, we 713 00:36:51,840 --> 00:36:53,960 need to be able to take a margin haircut, as 714 00:36:53,960 --> 00:36:57,519 it were, in order to keep our fellow human beings, 715 00:36:57,559 --> 00:37:00,199 particularly in the body of Christ, working with us. I 716 00:37:00,239 --> 00:37:01,000 don't know if you concur. 717 00:37:01,920 --> 00:37:07,559 Speaker 3: I I one hundred percent concur and I personally, look, 718 00:37:08,559 --> 00:37:10,559 sometimes you're in a position in business where you have 719 00:37:10,599 --> 00:37:12,360 to do what you have to do, and that's one 720 00:37:12,360 --> 00:37:14,760 of the responsibilities that comes with running a business. And 721 00:37:15,239 --> 00:37:18,440 if the choice is to let people go or keep 722 00:37:18,440 --> 00:37:21,480 the business open and at least come keep some people employed, 723 00:37:21,719 --> 00:37:24,960 that's the decision you got to make, right But in 724 00:37:25,079 --> 00:37:29,440 terms of just doing it for in my opinion, and 725 00:37:29,480 --> 00:37:32,800 I've been blessed to have some really good employees, great employees. 726 00:37:33,159 --> 00:37:37,440 But the way that we look at it is I 727 00:37:37,440 --> 00:37:40,639 don't really see it as firing somebody. I see it 728 00:37:40,679 --> 00:37:44,559 as an employee opting out. And if an employee opts out, 729 00:37:44,599 --> 00:37:47,559 then I think it is my duty to cut them loose, 730 00:37:47,960 --> 00:37:52,239 explain to them why. And like I've said before, you know, 731 00:37:52,320 --> 00:37:54,679 this isn't so much of firing as it is. This 732 00:37:54,760 --> 00:37:57,119 clearly isn't for you. It's not a passion. It's not 733 00:37:57,800 --> 00:38:00,480 like you're This may not be pleasant to put you 734 00:38:00,519 --> 00:38:03,360 one step closer to where you should be. Right so, 735 00:38:04,840 --> 00:38:08,119 and those aren't Those aren't fun conversations to have. But 736 00:38:08,559 --> 00:38:15,239 I do not believe in I just I'm I'm morally 737 00:38:15,239 --> 00:38:18,360 opposed to that of running a business purely from the 738 00:38:18,400 --> 00:38:21,199 outlook of you know, we I look at our employees 739 00:38:21,320 --> 00:38:23,400 and I'm not sitting here trying to brag. I just 740 00:38:23,440 --> 00:38:24,920 believe that this is the way you should do it. 741 00:38:25,320 --> 00:38:29,400 When my when when my partners, or when business consultants, 742 00:38:29,760 --> 00:38:33,239 or when my CPAs are going through our numbers, the 743 00:38:33,360 --> 00:38:35,559 number one complaint they always come back to me with 744 00:38:35,679 --> 00:38:39,119 is you pay your people way too much. And I said, yeah, 745 00:38:39,159 --> 00:38:42,159 but have you seen our customer our client satisfaction numbers? 746 00:38:42,559 --> 00:38:45,480 And also have you seen our turnover We don't have 747 00:38:45,559 --> 00:38:49,599 any Okay, that's highly valuable. Could I cut their pay 748 00:38:49,679 --> 00:38:52,760 some and probably still keep those metrics? Yes, But when 749 00:38:52,800 --> 00:38:54,880 I'm prospering the way that I am, and I have 750 00:38:55,320 --> 00:38:57,719 why would you not spread that around? You know what 751 00:38:57,719 --> 00:38:59,760 I mean? Why why would you not let the people 752 00:38:59,800 --> 00:39:03,480 that helped you build something get a piece of that 753 00:39:03,639 --> 00:39:05,840 outside of just what you promised them? 754 00:39:05,920 --> 00:39:06,119 Speaker 2: Right? 755 00:39:06,480 --> 00:39:10,519 Speaker 3: If they helped build this edifice that's now feeding you 756 00:39:10,599 --> 00:39:14,320 like nothing else has before, why would they not get 757 00:39:14,360 --> 00:39:16,760 a taste to that large ass right, or a taste 758 00:39:16,760 --> 00:39:17,039 to that. 759 00:39:17,000 --> 00:39:19,519 Speaker 1: Win you have to if you're a shepherd, I. 760 00:39:20,039 --> 00:39:22,960 Speaker 3: Could not agree more. And furthermore, if you're a if 761 00:39:23,000 --> 00:39:26,719 you're a if you are a Christian businessman, you know 762 00:39:26,760 --> 00:39:28,239 you and I have a lot talked about this before, 763 00:39:28,719 --> 00:39:31,400 but I will always say it, and I'll say it proudly. 764 00:39:32,480 --> 00:39:35,719 Business is personal. When you're a Christian. Business is personal. 765 00:39:36,159 --> 00:39:38,440 Speaker 1: Is church is church? Business is business. 766 00:39:38,920 --> 00:39:41,880 Speaker 3: No, And don't tell me that what you do that 767 00:39:42,400 --> 00:39:45,159 your your money game is separated from your God game. 768 00:39:45,199 --> 00:39:47,440 It's not. And as a matter of fact, what you 769 00:39:47,559 --> 00:39:50,400 do with one is the number one calling card to 770 00:39:50,440 --> 00:39:52,719 how closely aligned you are with the other. Right, So, 771 00:39:52,800 --> 00:39:54,840 I think, in my opinion, watching the way a Christian 772 00:39:54,880 --> 00:39:58,599 handles their money is the most important thing, right next 773 00:39:58,599 --> 00:40:01,159 to how they treat people. And quite honestly, I think 774 00:40:01,199 --> 00:40:03,960 it's quite honestly I think it's more important because it 775 00:40:04,480 --> 00:40:06,639 put your money where your mouth is, saying exist for 776 00:40:06,639 --> 00:40:07,119 a reason, right. 777 00:40:07,199 --> 00:40:10,519 Speaker 1: Yeah, and remember it's not yours, right, it's not yours 778 00:40:10,760 --> 00:40:14,000 managers exactly all right. Great to have you here, Wise 779 00:40:14,079 --> 00:40:17,360 counsel day Zach Abraham neariskpodcast dot com. God bless you, 780 00:40:17,400 --> 00:40:20,199 God bless the family. This is the Todd Hermit Shaw. 781 00:40:20,239 --> 00:40:23,199 Please go, be well, be strong, be kind, and please 782 00:40:23,280 --> 00:40:25,440 make every effort to walk in the light of Christ.