Speaker 1: All right. Joining us now is Gerald Slenty of Trends
Speaker 1: Journal dot com. And uh, if you're new to this program,
Speaker 1: you haven't heard this before, but Trends Journal, we're going
Speaker 1: to talk about some of the trends that Gerald is
Speaker 1: seeing here because it's things are changing very very quickly,
Speaker 1: but he's been able to see these things from a
Speaker 1: long way off and he's been warning us about what
Speaker 1: is happening right now, what has that happened, what has
Speaker 1: happened for quite some time. By the way, you can
Speaker 1: save ten percent off if you use the code night
Speaker 1: and it is very very inexpensive to get it, even
Speaker 1: on a weekly basis. What is it Gerald? With that code,
Speaker 1: it's like two dollars or something a week? What it
Speaker 1: is three hundred.
Speaker 2: Dollars fifty cents a week and it's about almost two
Speaker 2: hundred pages. Okay again from high tech science to AI
Speaker 2: to geopolitics, economics, and no, there's no advertisements in it.
Speaker 1: But it's a wonderful online it's a wonderful online magazine
Speaker 1: formatt you've got it all laid out there, very nice
Speaker 1: presentation that's there, and great information. That's the most important thing.
Speaker 2: Well, you know, we're doing with journalism used to do
Speaker 2: but doesn't exist anymore.
Speaker 1: That's right.
Speaker 2: You were talking about the guy that just that created CNN.
Speaker 2: I got to tell you, in the beginning, CNN was
Speaker 2: I used to be on CNN like three or four
Speaker 2: times a month back in the day. It was a
Speaker 2: pretty pretty open minded organization at one time.
Speaker 1: Yeah, yeah, yeah, I remember. I went to a friend
Speaker 1: of mine in the mid nineties was working in the Pentagon,
Speaker 1: and he got me in to see the place, and
Speaker 1: they had CNN monitorsying everywhere, and by that time they
Speaker 1: already starting to get kind of politicized at that point.
Speaker 1: But I kind of thought, so that's where they're getting
Speaker 1: their information.
Speaker 2: Yeah. But I'm telling you, I used to be on
Speaker 2: in the eighties and nineties. I used to be on
Speaker 2: a lot. They always had me doing my top trends
Speaker 2: every year. I'm telling you, I keep going on and on.
Speaker 2: It was they should let me say whatever I wanted
Speaker 2: to say. Then it all changed and again there's no
Speaker 2: journalism anymore. Go back to the nineteen eighties, about fifty
Speaker 2: companies controlled ninety percent of the media. Today six companies
Speaker 2: controlled ninety percent of the media.
Speaker 1: And what, in your opinion changed who was it that
Speaker 1: management change? I mean, was that you know, when you
Speaker 1: were there and they had kind of an open, open
Speaker 1: format where you could say what you wanted to. That
Speaker 1: was when Ted Turner was in charge of it, or
Speaker 1: was that somebody else was in charge.
Speaker 2: Of it, and then Ted Turner was in charge of it.
Speaker 1: Then they had a merger or they sold it to somebody, right.
Speaker 2: And then the whole thing changed. Yeah, and again it's
Speaker 2: heartbreaking that there's no journalism anymore. So for example, with
Speaker 2: the trends journal, we go to We've got to Tasian News,
Speaker 2: the Iranian one Press, TV, Fars toron Times. We want
Speaker 2: to hear everything the Iranians have to say. We go
Speaker 2: to Al Jazeera. We go to Arab News. Whenever the
Speaker 2: Arabs have to say, we've got to Middle East Monitor
Speaker 2: Middle East. We go to Times of Israel. We subscribe
Speaker 2: to haw that's the Israeli newspaper, a Jerusalem Post, why Net.
Speaker 2: We want to hear everything the Israelis have to say.
Speaker 2: We go to DW, the German News Agency, France twenty four, BBC, Guardian,
Speaker 2: et cetera, et cetera. We say, this is what they're saying.
Speaker 2: We give all sides. Then we say this is our
Speaker 2: analysis and this is our trend forecast. They don't do
Speaker 2: that in the American media. You only get one side
Speaker 2: of the story.
Speaker 1: Yeah, that's right.
Speaker 2: It's heartbreaking. And now this just talk about you know,
Speaker 2: they're rigging the markets. Trump keeps coming out with a ceasefire, ceasefire,
Speaker 2: rencruit prices go down, markets go up. Will there be
Speaker 2: a ceasefire? No, And we're telling you why. One of
Speaker 2: the major demands of Iran is that Israel must withdraw
Speaker 2: from Lebanon. They're not going to do it. They've already
Speaker 2: thrown out over a million people out of Lebanon, out
Speaker 2: of their homes. Yesterday, the IDF chief came out in
Speaker 2: Israel and said that they're going to quote raise more
Speaker 2: buildings and build the greater security zone in the quote
Speaker 2: territory territory. Oh I forgot. Oh you were talking about
Speaker 2: the evangelicals. Oh uh, it's Chapter six, section eight or something.
Speaker 2: A God told Abraham Moses that this libel to the
Speaker 2: Jewish people. Shove that crap up you you know what,
Speaker 2: don't want to hear your fairy tales. The whole world
Speaker 2: began when when Judaism was invented or any other religion. Oh,
Speaker 2: they found a skull that goes back what thirty million
Speaker 2: years ago? No, no, no, no, no, it began when Moses. Yeah,
Speaker 2: I don't want to hear it. They keep slaughtering the
Speaker 2: It's totally out of the news every day. They're slaughtering
Speaker 2: Palestinians in Gaza, can't get any food, bombing the hell
Speaker 2: out of people in Lebanon. Calmed down, the Taylor Swift
Speaker 2: have sex last night. That's the American news.
Speaker 1: Yeah. I was playing a clip of an aerial drone
Speaker 1: shot that was done by an Israeli soldier, ID soldier,
Speaker 1: who was bragging about what they had done, complete devastation
Speaker 1: of Gaza. And you know, when I look at this,
Speaker 1: it's so fraudulent. It's exactly what they're doing with these events,
Speaker 1: jelical pastors. They're using a veneer of religion, a false religion.
Speaker 1: They're using that to sell this heinous political agenda. And
Speaker 1: that's what Zionism has always been about. And so you know,
Speaker 1: when you look at Netanyahu calling people amelech, and when
Speaker 1: you look at Ben Shapiro and he's asked, do you
Speaker 1: believe that Moses part of the Red sea and deliver them. Owhn.
Speaker 1: I don't believe that, but I believe that land is mine.
Speaker 1: I mean, they're very selective about what they want. It's
Speaker 1: very clear what they want. And you know, even the
Speaker 1: ultra Orthodox Jews reject the state of Israel. They said, no,
Speaker 1: we think God's going to give it to us, but
Speaker 1: he'll do it miraculously and we don't have to kill
Speaker 1: people to get it ourselves. It is completely morally and
Speaker 1: religiously bankrupt. What they're doing with Zionism is a native.
Speaker 2: Think Wright is clown the what's his name Hertzel Back
Speaker 2: in the eighteen nineties, it's just a political movements, zero
Speaker 2: to do with religion. Hey, I'm Joe Biden. I'm a
Speaker 2: proud Zionist. Remember that one.
Speaker 1: Yeah kind a side Joe, Yeah, yeah, who's in this?
Speaker 2: Zionism was a totally made up political movement. And again
Speaker 2: this is not the United States of America, it's the
Speaker 2: United Zionist States of America. Here, this is one of
Speaker 2: your articles in this week's Trends Journal about I don't
Speaker 2: have it here. I can't find a damn thing the
Speaker 2: this guy Singer h Elliott.
Speaker 1: Paul Singer isn't it.
Speaker 2: Yeah about how how you know, how the money that
Speaker 2: he's spending to promote Zionism and calls anybody against it
Speaker 2: Nazis and stuff.
Speaker 1: Oh yeah, look at all the money that he and
Speaker 1: Mary Madison are putting in to try to get Thomas
Speaker 1: Massey out, you know, because Thomas masseew wants to put
Speaker 1: the interest of America had the interest of a foreign government,
Speaker 1: and he doesn't want to impoverish US with this kind
Speaker 1: of money. But you know, we look at the defense
Speaker 1: budget even you know, you've talked many times about how
Speaker 1: to spend you know, trillions for military stuff, but not
Speaker 1: a cent for peace. And earlier this week, I talked
Speaker 1: about a guy who was talking about the coming famine
Speaker 1: in a lot of different areas because of what is
Speaker 1: happening in terms of shutting down fertilizer and other basic
Speaker 1: building blocks of the economy with the straight of Hormuz stuff.
Speaker 1: And he basically said the same thing. If you look, Gerald,
Speaker 1: I mean, we just had a record budget of a
Speaker 1: trillion dollars. We spend more than the next eight countries
Speaker 1: on defense combined. And that's not enough. Heg Seth and
Speaker 1: Trump want to increase that by another fifty percent. And
Speaker 1: when you look at one and a half trillion dollars,
Speaker 1: what does that work out to be for every household?
Speaker 1: I did the math this morning. How much is that
Speaker 1: per household that we're paying for this military industrial complex,
Speaker 1: this defense, this Department of War that they want to
Speaker 1: call it, that is making us less safe. That works
Speaker 1: out we've got one hundred and thirty four million households.
Speaker 1: Because we've got a lot of households now that are
Speaker 1: just one person. That works out over eleven thousand dollars
Speaker 1: per household that we're paying for this American empire. That's outrageous.
Speaker 1: And when you look at the taxes that we're paying,
Speaker 1: it's insane. And of course you know that we're not
Speaker 1: paying the eleven thousand dollars. They're putting it on a
Speaker 1: credit card that's going to We're going to get a balloon.
Speaker 1: Note when the whole economy crashes in a few years, well.
Speaker 2: On, the US stead is becoming a top drive of
Speaker 2: future deficits.
Speaker 1: Yeah, and we.
Speaker 2: Have the whole article here about how the debt level
Speaker 2: in the United States is off the charts. Here's the article.
Speaker 2: By the way, pro zionist Paul Singer's Elliott Management equates
Speaker 2: US israel war on Iran as a fight against Nazis. Yeah,
Speaker 2: who's the we got it Rung, you got it Wrung
Speaker 2: singa clown. It's the Ashkhanazis that are running Israel. That's right,
Speaker 2: Ashkar Nazis. Look it up, A s h k E
Speaker 2: and a z I. Eastern Europeans from the Kazar region,
Speaker 2: that's who's running Israel. They're not Semites. Someites are from
Speaker 2: the Mesopotamia region. Yeah, Bengorian that yahoo. Every one of
Speaker 2: these people are Eastern Europeans invading Palestine and slaughtering the
Speaker 2: Arab people.
Speaker 1: And that's significant because the whole state is predicated on
Speaker 1: this idea of genetic purity. And you know, this is
Speaker 1: we're going to have. This is an inheritance we have
Speaker 1: because of our genealogy, and yet they scrupulously avoid any
Speaker 1: tests of that genealogy. But when you look at it,
Speaker 1: when we talk about Nazism, as I said, just look
Speaker 1: at what they're doing, and look at what the United
Speaker 1: States is doing as well. We have become the monsters
Speaker 1: that we fought. I said this when you know Mark
Speaker 1: Levin was out there saying, oh, nobody talks about the
Speaker 1: Holocaust anymore. It's like, we don't need to you've mentioned
Speaker 1: it every day, but maybe you ought to look at
Speaker 1: the holocaust that you're creating right now because you have
Speaker 1: basically taken over the reins.
Speaker 2: You know, we again, when every nobody talks about the Holocaust,
Speaker 2: how about all the other people that were killed by
Speaker 2: the Germans, that's right, Yeah, no, it don't talk about that.
Speaker 2: Oh they only killed twenty seven million, twenty seven million
Speaker 2: Russian people. And how about the other people that they
Speaker 2: threw in these in these these in the camps, the
Speaker 2: Gypsies and everybody else. Oh no, they don't count, they
Speaker 2: don't count.
Speaker 1: Yeah, yeah, now this is crap.
Speaker 2: I don't want to hear their fairy tales they could shun. Yeah,
Speaker 2: this slaughter going on every day, it's heartbreaking. You look
Speaker 2: at the pictures of what Gaza used to look like
Speaker 2: before it was bombed out.
Speaker 1: Yeah, you look at.
Speaker 2: The pictures of what Lebanon where they're bombing. This is
Speaker 2: upper middle class places. They're bombing to ruins.
Speaker 1: And of course everybody got everybody could see the hate.
Speaker 1: I think that was what it was when you had
Speaker 1: these Israeli soldiers go in and destroy this area. They
Speaker 1: had a statue of Christ on the cross and they
Speaker 1: knock that down, they smash it with smash the face
Speaker 1: and all that kind of stuff. So that was obviously
Speaker 1: the hatred that was on display, that was there. But
Speaker 1: as I said at the time, does nobody care about
Speaker 1: the fact that they are smashing people in the face
Speaker 1: with these bombs or the number of people that they're
Speaker 1: killing there is just absolutely insane. Oh and as part
Speaker 1: of the Greater Israel project, they want to do that
Speaker 1: to Lebanon, they want to do it to Iran, they
Speaker 1: want to do it to the Gulf States as well,
Speaker 1: because once they can destroy everything like they have in Gaza,
Speaker 1: then they can go in and take it over. And
Speaker 1: so the whole thing is like a Nazi Leban's realm program.
Speaker 1: You know, we need to have some living space here.
Speaker 2: Again, the ashkanazis ye ashk E and a Zon.
Speaker 1: Let me ask you about what's happened in the last
Speaker 1: couple of days. Again, you don't believe that they're going
Speaker 1: to get It's not going to be any real truths
Speaker 1: or anything. And of course they came up with the
Speaker 1: acronymic before they had Taco Trump always chickens out. That
Speaker 1: was on Wall Street saying he's going to change the tariffs.
Speaker 1: Just wait, and then they came up with Nacho, not
Speaker 1: a chance or moves opens. And so this week what
Speaker 1: we saw was they just waved away the sixty day
Speaker 1: limit on the War Powers Act, which by the way,
Speaker 1: doesn't give cart blanc to a president to declare war
Speaker 1: for any reason. That sixty days was there supposedly to
Speaker 1: give them freedom to respond to a threat that was
Speaker 1: actually real. And even then they were lied to sixty
Speaker 1: days without Congress's approval, but Congress just waved it away.
Speaker 1: Mike Johnson, all the rest of them just waved away.
Speaker 1: Trump said, hey, it's over. You know, first he said,
Speaker 1: his first lie was, well, it doesn't count when we
Speaker 1: had a ceasefire for a week or two, So we
Speaker 1: take that off of the time calendar there. And then
Speaker 1: he says, and then we've got another thirty days to
Speaker 1: get the troops out of there if we think that
Speaker 1: they're in danger, and so that takes it up to
Speaker 1: another month. And then he says, oh, but it's over anyway,
Speaker 1: and we're going to rename it something else. We're going
Speaker 1: to call it Project Freedom or something right, and so
Speaker 1: that lasted for about a day, and then there were
Speaker 1: shots fired there in the straight of hor Mooz, and
Speaker 1: there were shots that were fired at the United Arab Emirates.
Speaker 1: And so the next thing we know, you know, Trump
Speaker 1: is blustering along with warpete about how they're going to
Speaker 1: destroy everybody and everything of all this stuff, and how
Speaker 1: they have won the war. The next thing we see
Speaker 1: is that there is talk now this morning about how
Speaker 1: they're going to come up with a one page memo
Speaker 1: of understanding that's going to end at all. Do you
Speaker 1: buy any of that?
Speaker 2: No, no, no, you see, I believe Trump because he
Speaker 2: said in April first, the war was going to be
Speaker 2: over in three days my prediction, m hm, So I
Speaker 2: believe everything he's going to say.
Speaker 1: Yeah, it ended the month ago.
Speaker 2: Very soon, I would say, within two weeks, maybe two weeks,
Speaker 2: maybe three. Oh, that was on April first. Two. Again,
Speaker 2: every day changes his his his lines.
Speaker 1: He changes his lines, even within the same day March second.
Speaker 2: We have projected right from the beginning four to five
Speaker 2: weeks m that was March will began on February twenty eighth,
Speaker 2: two days later, he said it was going to end
Speaker 2: in four or five weeks.
Speaker 1: Yeah, it's like two weeks to flatten the curve. We
Speaker 1: got four to five weeks to flight in Iran.
Speaker 2: That was the fift I think it's close to over. Yeah.
Speaker 2: I view it as very close to being over.
Speaker 1: Yeah, he's like John Lovett the lawyer. Yeah, that's the ticket. Yeah,
Speaker 1: that's that's what I'm going to say.
Speaker 2: It's so going back, there's an article that came out
Speaker 2: in the Washington Post today. Iran has hit far more
Speaker 2: US military assets than reported. Satellite images show yes, yes,
Speaker 2: And it goes on to show the mass destruction that
Speaker 2: Iran has committed as a result of the United States
Speaker 2: and Israel launching this war. Will there be a cease fire? No?
Speaker 2: And I'll tell you why, because one of Iran's demands
Speaker 2: is that Israel withdrawal from Lebanon. And they won't do it.
Speaker 1: Yeah. They want that. They want that land. That territory
Speaker 1: is the territory.
Speaker 2: Yeah, God gave it to him. What else the matter
Speaker 2: with you? It's in the good book.
Speaker 1: Yeah, I was just talking. I was just talking about
Speaker 1: the real estate events that they hold in New York City.
Speaker 1: They actually go and they steal the land and then
Speaker 1: they sell it to other Jews in New York City.
Speaker 1: That's what they're actually doing it. It's crazy what they're doing.
Speaker 2: Oh, it's all over I mean Orange County, it's filled
Speaker 2: with them over there, and they don't pay any taxes.
Speaker 2: So anyway, this is serious. Again. Trump says Iron will
Speaker 2: be bombed quote at much higher level if they don't
Speaker 2: agree to a peace steal. He just said that today.
Speaker 2: You know how many times he said.
Speaker 1: This, yeah, oh yeah, yeah. He comes out and he says, yo,
Speaker 1: he completely obliterated them, and then he goes on a
Speaker 1: rant about how he's not getting help from NATO. It
Speaker 1: just like I think you're I think you're lying out
Speaker 1: of both sides of your mouth as you're doing this stuff.
Speaker 1: The only thing that's been obliterated Gerald, I think is
Speaker 1: his credibility if you ever had any.
Speaker 2: And war pain again. But you know, it's it's so
Speaker 2: sad that again talking about the religions, as I said,
Speaker 2: how come the world not out there telling the parishioners
Speaker 2: to get out into the streets and stop this. Yeah, yeah,
Speaker 2: that's my sadness.
Speaker 1: Yeah, well you got the Israel's Foreign ministry is paying
Speaker 1: big bucks to a lot of church pastors to basically
Speaker 1: cheer for Israel. I mean they're buying them, you know,
Speaker 1: they're selling it out. You know, love of money is
Speaker 1: the root of all evil, and these people have been
Speaker 1: rooting in their money. It's been taking root in a
Speaker 1: lot of churches here. They've been sent over a thousand
Speaker 1: pastors just in December alone, all expenses paid trip to Israel.
Speaker 1: And you get to have an appearance with bb Net
Speaker 1: and who boy, I tell you that that's gott to
Speaker 1: actually change your mind, right, I.
Speaker 2: Mean anet Yao whose son is living the high life
Speaker 2: in Miami, that Net Yahoo.
Speaker 1: Yeah. I don't know if you ever saw this, but
Speaker 1: I was really kind of stuned when I saw that
Speaker 1: Jared Kushner's family was always very close to Netanyahu, and
Speaker 1: when he would come to the US, he would actually
Speaker 1: sleep in Jared's bed, And I said, uh, presumably not
Speaker 1: when Jared was there.
Speaker 2: It's disgusting. And on the economic front, by the way,
Speaker 2: you know, we write in the magazine what's going on?
Speaker 2: And again they're doing everything they can to propert these
Speaker 2: equity markets up. The markets were going down before this
Speaker 2: war began. People forgot about this. Yeah, the AI is
Speaker 2: wiping out a lot of software companies. And they have
Speaker 2: these hedge funds and private investor groups that loaned a
Speaker 2: lot of money and the people that put the money
Speaker 2: and want it back and they can't get it back.
Speaker 2: So we're going to see a dot com bus two
Speaker 2: point zero. It's way way over invested in this. AI
Speaker 2: spending sets a record with no end in sight. That
Speaker 2: was an article from the New York Times. Yeah, they're
Speaker 2: way over investing in this Now. Trends are born, they grow,
Speaker 2: they mature, reach old age, and die. The AI was
Speaker 2: only born four years ago, in twenty twenty two. You
Speaker 2: don't invest all your money in the infancy. Let's go back.
Speaker 2: You and I remember when the whole Internet revolution began. Yeah,
Speaker 2: that's right, number when it began.
Speaker 1: Yeah, and I made that mistake. I invested in it
Speaker 1: in its infancy. That lesson was drilled into my hide
Speaker 1: pretty hard. I think, you know the dot com bust. Yeah,
Speaker 1: I thought I was playing it smart because I thought, well,
Speaker 1: I'm not going to bet on pets, dot Com or
Speaker 1: even on Amazon. I'm going to look at the companies
Speaker 1: that are making the axes and the picks of this
Speaker 1: gold rush that are out there. I'm gonna look at
Speaker 1: the companies that are making the switching equipment. That should
Speaker 1: be a safe bet, but it wasn't. That all got
Speaker 1: taken down yep.
Speaker 2: So now, and you remember all of the computer companies
Speaker 2: that came out in the beginning to loads of them,
Speaker 2: and then just a few took over everything. That's right,
Speaker 2: So going back to this, China is going to lead
Speaker 2: the world in AI mm hmm, just like their leader.
Speaker 2: You see the pictures coming out of their their auto
Speaker 2: auto show. Yeah, you look at the advancement of the
Speaker 2: EV vehicles.
Speaker 1: And how cheap they are too as well. Yeah, and
Speaker 1: they're doing the same thing. I mean, you just had
Speaker 1: Deep was it? Deep? Seek is not the Travis They
Speaker 1: made headlines and they came out with a large language
Speaker 1: model that was a tiny fraction of what the American
Speaker 1: companies are spending on it. They've done it again, and
Speaker 1: they are taking their rates down toward its basically free
Speaker 1: to use it online. It's amazing.
Speaker 2: So here's the deal you mentioned before about the defense
Speaker 2: budget one point five trillion. And by the way, the
Speaker 2: roads in New York are a joke. Pot boom boom
Speaker 2: boom boom boom boom.
Speaker 1: Boom, yeah, boom boom, yeah boo.
Speaker 2: The Thruway everywhere boom boom, boom, boom boom boom boom.
Speaker 2: The roads are crap. The country's going to crap. But
Speaker 2: we're spending all this money on the military, right, that's right.
Speaker 2: The business of America is war, and the business of
Speaker 2: China is business. They're spending hundreds of billions in Ai.
Speaker 2: We're spending trillions on war. Oh, by the way, Trump,
Speaker 2: the big news that's gone. Four thousand troops or the enjoyment.
Speaker 2: You know, I launched occupy Peace five thousand troops. How
Speaker 2: about closing down what is about six hundred and seven
Speaker 2: hundred bases overseas? Yeah, how about closing them all down
Speaker 2: and bringing in the troops home and defend the homeland.
Speaker 2: What'll we doing over there?
Speaker 1: Empire? Yeah, empire.
Speaker 2: Yeah, made a big deal out of this. Oh when
Speaker 2: they criticize them for doing.
Speaker 1: That, that's right. Yeah, Well it.
Speaker 2: Down all the truth and that's one of the main
Speaker 2: foundations of occupied Peace. Yeah, close the bases overseas, bring
Speaker 2: home the troops, secure the homeland, and put them to
Speaker 2: work to rebuild our third world infrastructure.
Speaker 1: Yes, give them jobs.
Speaker 2: Great, rather than putting in these uniforms to keep doing
Speaker 2: a stupid crap every day.
Speaker 1: M Yeah, it's but when you look at this, that's
Speaker 1: not what they're focused on. They're focusing on exporting our potholes.
Speaker 1: That's what I guess. You drop a bomb that makes
Speaker 1: a pretty big pothole. So we basically are in the
Speaker 1: pothole production business. And and again it's it does not
Speaker 1: enhance our safety. People need to understand there's a big
Speaker 1: difference between national security and safety. This is about continuity
Speaker 1: of government. It's about continuity of empire. And if anything
Speaker 1: good could come out of this in the end, it
Speaker 1: would be that the empire strikes out, not back, and
Speaker 1: maybe people could learn a lesson this time around. But
Speaker 1: you know, it's kind of interesting. We're talking about the economy.
Speaker 1: The US trade deficit is growing, and with all of
Speaker 1: the stupidity of Trump's tariff programs, and again, you know,
Speaker 1: we can talk about different ways to raise taxes, and
Speaker 1: there's been a lot of ways that people have suggested
Speaker 1: that taxes could be collected other than the income tax,
Speaker 1: but everybody would always point out, we don't want to
Speaker 1: have this new tax. And the income tax as well well,
Speaker 1: that's what we got with Trump. We got the tariff
Speaker 1: tax bus they keeps the income tax. But his focus
Speaker 1: has been on ego politics rather than trying to do
Speaker 1: something in the past. And we had tariffs in the
Speaker 1: early days of America. The tariffs would be enough to
Speaker 1: fund the entire government. Later on they used tariffs for
Speaker 1: protectionism of certain industries. They didn't have any plan at
Speaker 1: all for these things. This is simply about Trump's ego.
Speaker 1: If he doesn't like you, he raises the taxes, and
Speaker 1: he's done it again. They just they had a deal
Speaker 1: with Europe, the Turnbury deal, where they said, all right,
Speaker 1: we're going to have fifteen percent on cars, and he
Speaker 1: just he got upset with them over the fact. I
Speaker 1: guess that they are not helping with his quagmire that
Speaker 1: he created, so he raised it up to twenty five percent.
Speaker 1: And it's just this arbitrary nature of what he's doing.
Speaker 1: But it's not working. China had record exports and our
Speaker 1: trade deficit is growing as well, so it's not helping
Speaker 1: with any of this stuff. And I said this from
Speaker 1: the very beginning. Gerald. If they're looking at this and saying,
Speaker 1: you know, we need to have more of a manufacturing base,
Speaker 1: because we're buying these finished products to a large degree.
Speaker 1: If you want that to happen, what you need to
Speaker 1: do is to deregulate and remove your foot off of
Speaker 1: the throat of the businesses. They are trying to start things.
Speaker 1: That's the way you compete. Instead, they want to be
Speaker 1: like a company a country that is going to have
Speaker 1: a partnership with the business and is going to do
Speaker 1: central planning like China. They want to take that approach
Speaker 1: rather than the thing that actually worked for us, which
Speaker 1: was a more free market and lack of regulation. The
Speaker 1: regulations are strangling business right now. That's the real issue.
Speaker 1: And he kn'd a trusts that with a tariff that
Speaker 1: doesn't come close.
Speaker 2: The regulations in Europe are the bu bureaucracy is one
Speaker 2: of the worst. And the same things happened here. Let's
Speaker 2: go back to manufacturing and what happened. This is a
Speaker 2: T shirt that I did in nineteen ninety two when
Speaker 2: Clinton ran for office. Yeah, that's right, right, this is
Speaker 2: a slime ball that wasn't worth a penny. That's worth
Speaker 2: what about one hundred and thirty million dollars? Now, hey,
Speaker 2: get them jobs out of America, bring them down to Mexico. NAFTA. Oh,
Speaker 2: everybody forgot NAFTA. Huh, hey, hey, get the jobs out
Speaker 2: of here.
Speaker 1: Bring them.
Speaker 2: We're going to bring China into the World Trade Organization.
Speaker 2: All right, Oh, that was twenty five years ago. I
Speaker 2: mentioned AI. Twenty five years ago, before China became got
Speaker 2: into the World Trade Organization. Ten of Chinese eighteen year
Speaker 2: olds went to college. Today, almost seventy percent. They're going
Speaker 2: to lead the world in AI because they are very educated.
Speaker 2: Number two, the deal. You want to come to China,
Speaker 2: you got to open a factory here, and we own
Speaker 2: fifty one percent of it. You own forty nine percent
Speaker 2: of it. The Western manufacturers gave China all the high
Speaker 2: tech and heavy industry they technology they never had. That's
Speaker 2: right now, they got it and they own it. They
Speaker 2: lead the world in evs. Oh, very important again. Trend forecasting.
Speaker 2: Not what you like, what you want, what you wish for,
Speaker 2: it's what is. Let's go back to the Iran war.
Speaker 2: It has caused a global energy crisis again. Yes, let's
Speaker 2: go back to Trump's speech four days before he and
Speaker 2: Israel launched the Iran War. I gotta find it here.
Speaker 2: Just hold on one second. All right here we go
Speaker 2: February twenty fourth, he launches the war on the twenty
Speaker 2: eighth quote gasoline, which reached a peak of over six
Speaker 2: dollars a gallon in some states under my predecessor, it
Speaker 2: was quite honestly a disaster.
Speaker 1: Now it's seven in California.
Speaker 2: Oh, it's now below two dollars and thirty cents a
Speaker 2: gallon in most states, which was not true. And some
Speaker 2: places a dollar ninety nine a gallon. And when I
Speaker 2: visited the great state of Iowa just a few weeks ago,
Speaker 2: I even saw a dollar eighty five a gallon for gasoline.
Speaker 2: And we go on to write, according to AAA, this
Speaker 2: is yesterday, Gasoline prices in most states are four dollars
Speaker 2: and forty eight cents a gallon.
Speaker 1: Just a couple of days ago, it was four thirty
Speaker 1: nine and.
Speaker 2: Over six dollars a gallon in some states thanks to
Speaker 2: Trump's iron war. Now, remember he goes on to say
Speaker 2: that it was a disaster, and now it's a disaster.
Speaker 1: That's right. It's not just a price of gas either.
Speaker 1: It's percolated through everything. But it's reached over seven dollars
Speaker 1: a gallon in one county in California. Yep, that's close
Speaker 1: to Yosemite, and in San Francisco six dollars and thirty cents,
Speaker 1: San Diego six dollars and ten cents, LA six dollars
Speaker 1: and ten cents. So be thankful if you're not in
Speaker 1: California talking about Yeah, that's right. Yeah.
Speaker 2: So going on to this again, not whether you like what.
Speaker 2: There's going to be a huge push for alternative energies
Speaker 2: mm and we're telling our subscribers to watch what Shina
Speaker 2: is doing here. These are going to be one of
Speaker 2: the great on trend preneur opportunities. Again, not what you want,
Speaker 2: what you wish for, what you like, it's what is
Speaker 2: because this is pushing a lot of governments to spend
Speaker 2: a lot of money looking for alternative energies.
Speaker 1: Yeah, well, you know what it was kind of the
Speaker 1: whole climate change thing was on the ropes and so
Speaker 1: Trump is going to basically bring that back. You know.
Speaker 1: That was one of I would say, one of the
Speaker 1: bright spots of his first administration. They started pulling back
Speaker 1: some of these things, but he's going to do more
Speaker 1: than anybody else to push people away from fuel and
Speaker 1: that kind of that kind of thing. The fossil fuel
Speaker 1: in street by his embargo that he's got going on.
Speaker 1: And that's what I call it. I call it the
Speaker 1: Trump oil embargo rather than the OPEC oil embargo. But
Speaker 1: he's going to do more to drive people towards eves
Speaker 1: and all the rest of this stuff than anybody could
Speaker 1: have done with any of the mandates or any of
Speaker 1: the al Gore documentaries. It's going to be the gas
Speaker 1: lines and the rationing and all the rest of that stuff.
Speaker 1: It's funny how Trump always manages to push these World
Speaker 1: Economic Forum and agendas even as he says he opposes them.
Speaker 2: So now going on to the larger issue what this
Speaker 2: war has caused. They're talking about stagflation in the world.
Speaker 2: It's not stagflation. The economies are not going to be stagnant.
Speaker 2: It's going to be dragflation. Economic growth is going to
Speaker 2: decline and inflation is going to increase. Yes, he's a
Speaker 2: very serious time again. An article in this week's RUD
Speaker 2: has reported quote several US restaurant chains, including Wingstock and Dominoes,
Speaker 2: reported we can unexpected sales growth in the last quarter,
Speaker 2: saying that soaring gasoline prices caused by US Israeli war
Speaker 2: in Iran have forced their customers to cut back on
Speaker 2: other spending. Many don't expect consumers to feel relief anytime soon.
Speaker 2: Analysts expect other restaurant chains also will show declining sales growth. Now,
Speaker 2: what's important about this? Look at their stocks going down.
Speaker 2: You got a couple of here. It's the AI spending
Speaker 2: is popping up the markets. You're looking at the gross
Speaker 2: domestic product of the United States increasing by some forty
Speaker 2: percent just because of the spending on AI. It has
Speaker 2: nothing to do with it. There's no relationship between Wall
Speaker 2: Street and Main Street. They're totally separate. Main Street is suffering.
Speaker 1: That's right, And that's something that some economists have been
Speaker 1: bringing up. They said, this stock market is so narrowly focused.
Speaker 1: That's a real warning sign, the fact that it's not
Speaker 1: broadly based. But it's just a few companies, as you
Speaker 1: pointed out, and were just a few companies going up.
Speaker 1: It kind of looks like a pen that's ready to
Speaker 1: bust the bubble, doesn't it.
Speaker 2: I'm telling you there's going to be a dot com
Speaker 2: bust two point zero.
Speaker 1: Yeah, it's in front.
Speaker 2: Of everybody's eyes to see. They're way over invested in
Speaker 2: these companies. Most of them aren't making money, they're losing money,
Speaker 2: and they're inventing something that, again China is going to
Speaker 2: lead the world in. They're building these huge data centers
Speaker 2: on and on and on and destroying a lot of
Speaker 2: beautiful land to do it. Oh yeah, miserable for a
Speaker 2: lot of people.
Speaker 1: Yeah, right, the one that they just approved. I talked
Speaker 1: about this earlier in the program out in Utah. Forty
Speaker 1: thousand acres, two and a half times the size of Manhattan,
Speaker 1: and it's going to use more power than all of
Speaker 1: the state of Utah combined in just that one data center.
Speaker 1: It's incredible what they are planning to do. And again,
Speaker 1: as you point out, they're rushing into this and when
Speaker 1: you look at what is coming out of this, the
Speaker 1: promise of it, and this is why you were talking about,
Speaker 1: you know, getting in on the early stages of these
Speaker 1: disruptive technologies is always a very dangerous thing to do
Speaker 1: because what happens is people get as was it green
Speaker 1: Span that said, irrational exuberance, that was his phrase. So
Speaker 1: you get this irrational exuberance about something that is really revolutionary,
Speaker 1: but it takes a while to iron the bugs out,
Speaker 1: and what happens is all the people who jump in
Speaker 1: with all this irrational exuberance, when they look at it
Speaker 1: and they see some problems, they can quickly rush out
Speaker 1: as well. And so if they don't see things just
Speaker 1: developing just right, you get this massive exodus from the market.
Speaker 1: And that's what causes these things to pump up and
Speaker 1: then to dump. And I think that's what we're going
Speaker 1: to see as well. But you've been talking about for
Speaker 1: the longest time. Because of the policies of the government
Speaker 1: in terms of quanta, of viasing, in terms of spending,
Speaker 1: in terms of interest rates, all the rest of the stuff.
Speaker 1: He said, they're setting us up for dragflation. Not just stagnant,
Speaker 1: but it's going to drag And now we've got this
Speaker 1: headline here. This is the guy Gary Shilling. Do you
Speaker 1: know he has. He's a legendary economists, they say, known
Speaker 1: for his nineteen sixty nine to seventy recession predictions that
Speaker 1: came out right. And he is warning of a big
Speaker 1: downturn in twenty twenty six, he says. And so he
Speaker 1: says he sees a frozen housing market, collapsing capital expenditures,
Speaker 1: weakening consumer spending. He's not even mentioning another big factor
Speaker 1: that you've been talking about for a long time, which
Speaker 1: is commercial real estate.
Speaker 2: Yep, the office building bust. It's there, It's for everybody
Speaker 2: to see, and nobody's talking about it. Again. The banks
Speaker 2: are under pressure. We have a number of articles in
Speaker 2: this Trends journal, by the way, and there was one
Speaker 2: about banks in here. Let me just find it real quick.
Speaker 2: A US debt now exceeds as gross domestic product. That's
Speaker 2: one of them. Mortgage rates keep increasing, and there's this one,
Speaker 2: this spotlight on the housing market. Housing starts. Mortgage rates
Speaker 2: shifted higher last week. Few Americans expected to buy homes
Speaker 2: this decade. Home foreclosures hit a six year high. Yeah,
Speaker 2: a six year high. You mean when the COVID war
Speaker 2: broke out in twenty twenty and everything was going to hell.
Speaker 1: Yeah, oh that yeah. Yeah. Trump is back, isn't he. Yeah,
Speaker 1: he's not worried about the housing crisis here in America.
Speaker 1: He's wants to help Israel take more territory.
Speaker 2: Right here we go. Banks struggle to offload risk of
Speaker 2: massive A I loans right here. Yeah, in the Trend's journal,
Speaker 2: no one's talking about this, hardly reporting.
Speaker 1: Very few banks have another issue that is coming along
Speaker 1: as well. Eric Trump said one of these large convention
Speaker 1: crypto things that they had in one of the Arabic countries.
Speaker 1: I don't remember Saudi Arabia or the UE or where
Speaker 1: it was, but he was saying, in ten years, banks
Speaker 1: are going to be gone. They're going to be replaced
Speaker 1: with stable coins. We've had just this last week, Gerald,
Speaker 1: we had the Clarity Act, which coinbase financial officer was saying,
Speaker 1: this is great, this is what we've been waiting for.
Speaker 1: We need some clarity on the regulations of how this
Speaker 1: is going to work. And what they were fighting over
Speaker 1: was whether or not the stable coins could pay interest
Speaker 1: on deposits, and the banking industry got them to say no,
Speaker 1: they can't, and which is I thought was kind of funny,
Speaker 1: since the banks don't pay interest on deposits anymore. Usually
Speaker 1: they're paying less than one percent if you've got a
Speaker 1: savings account. It's ridiculous. But they thought that was a
Speaker 1: hill to die on. But we've got all of these
Speaker 1: different things. I mentioned it yesterday. I just wanted to
Speaker 1: get your take on this. I said, what I see
Speaker 1: happening is a kind of a constitution for the technocracy
Speaker 1: that's coming out of there. We've had all of these
Speaker 1: bills about artificial intelligence, green lighting it as well as
Speaker 1: shutting down the Tenth Amendment saying you're not going to
Speaker 1: have any regulations about anything that AI does at the
Speaker 1: state or local level. So you've got the Trump AI Act,
Speaker 1: we got the Genesis Act. We just had a Guard
Speaker 1: Act that is out there saying if you're going to
Speaker 1: use AI, we're going to make sure that you've got
Speaker 1: to provide biometric identity as well as other forms of
Speaker 1: ID in order to use AI, because we're worried about
Speaker 1: protecting the children. Yeah. Right, But then you've also got
Speaker 1: all the crypto stuff that's happening. So between crypto and AI,
Speaker 1: what I think they're doing is they're setting up a
Speaker 1: complete control system of surveillance and a permission society. How
Speaker 1: do you see this happening? And let's talk about that
Speaker 1: from that perspective. I mean, certainly there is an economic
Speaker 1: disaster that is approaching.
Speaker 2: You said it all again. It's one of our trends journals,
Speaker 2: from dirty cash to digital trash. They want to do
Speaker 2: it so they know everything you every penny is spent,
Speaker 2: w you spent it what you spent it on, more
Speaker 2: information about you most well, so we get our tax money. Yeah,
Speaker 2: and they're going to create a new coin. We're doing
Speaker 2: away with that dirty dollar. We just got a new
Speaker 2: could you or well could not have come up with
Speaker 2: a better name than call in a stable coin? What's
Speaker 2: stable about it? It's an invented nothing thing.
Speaker 1: Yeah, it's not a coin and it's not stable. Yeah.
Speaker 2: Yeah, so they're going to definitely, so they're going to
Speaker 2: create something. We got to and we just got rid
Speaker 2: of that with debt level because this stable coin is
Speaker 2: worth more than the dollar.
Speaker 1: So we wiped down Travis said, they called a stable
Speaker 1: coin because you're the cattle.
Speaker 2: And again we're old enough to rememberhen there was savings
Speaker 2: and loans, remember, yeah, the bags you put money and
Speaker 2: you got interest on your money you put in there.
Speaker 2: Yeah again, slim ball, lousy, murderous, sob that every time
Speaker 2: he got caught with his pants down, bombs away over
Speaker 2: bad Dad gave us the Yugoslav War. We also killed
Speaker 2: the glass Stiegel act.
Speaker 1: Didn't he Yeah that's right, yeah, yeah, he killed glass
Speaker 1: Stiegel and he killed George Bailey all at once. We
Speaker 1: can thank Clinton for that. I point out many times.
Speaker 1: Ben Shapiro thinks that mister Potter is the hero of
Speaker 1: It's a Wonderful life. Of course he would. That's the
Speaker 1: world that we live in now. Trendsgeneral dot Com. Gerald Clinty,
Speaker 1: thank you so much for joining us. Folks. If you
Speaker 1: become a subscriber, make sure you use the code night
Speaker 1: to save ten a wonderful source of information. Gerald works
Speaker 1: very hard on that and it shows it's all right there.
Speaker 1: Thank you so much for joining us. Gerald appreciate it.
Speaker 2: Oh, thank you so much for having me on, and
Speaker 2: thank you so much for all that you do.
Speaker 1: Thank you. The common man, they created common Core and
Speaker 1: dumbed down our children. They created common past track and
Speaker 1: control us. They're Commons project to make sure the commoners
Speaker 1: own nothing and the communist future. They see the common
Speaker 1: man as simple, unsophisticated ordinary. But each of us has
Speaker 1: worth and dignity created in the image of God. That
Speaker 1: is what we have in common. That is what they
Speaker 1: want to take away. Their most powerful weapons are isolation intimidation.
Speaker 1: They desire to know everything about us, while they hide
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