No Peace or Prosperity While the Swamp Rules -- Martin Armstrong

0:00 it's always the same thing you can go to to delos which was like

0:05 the Temple of Apollo was kind of like the Federal Reserve of ancient times

0:10 they listed you know how many states borrowed from them and defaulted it was

0:15 the first you know Sovereign default

0:18 of the 4th Century BC so nothing's ever changed

0:21 this has been going on for a long time the financial survival Network now

0:28 more than ever and welcome this is

0:34 financial survival Network I'm your host Carrie

0:37 Lutz Martin Armstrong is on with us now and why we like came a couple

0:42 centimeters away from I don't know what was going to happen to the country

0:47 but it looked uh we can only imagine now and I guess that's

0:51 a good thing right true I mean I think you know the director just

1:00 uh of the Secret Service just resigned today um I mean it it's you

1:07 know I looked at the her testimony before uh uh Paulina from you know

1:13 the representative from Florida there and she

1:17 basically called her out as a perjurer

1:19 you know she said you know I understand you've been directed not to answer

1:23 uh by garet I mean it's I mean this is you know it just

1:29 seems like like we're back to JFK

1:31 times where you know nobody really knows what's

1:34 going on um and I I hope it doesn't take us more than 60

1:39 years to find out the truth don't you think it's amazing like RFK JR

1:45 could not get secret service protection until now and then we find out

1:50 that the Secret Service agents guarding Trump

1:55 had been asking for uh additional support uh

2:01 almost from the beginning of the campaign

2:03 and they they've repeatedly refused it I

2:09 you know I understand that there I mean look the the country is extremely

2:15 polarized there's no question about that but it's not just the United States you

2:19 go to Europe it's the same thing um I mean as you know we have

2:24 offices around the world and honestly I don't know anybody in any country it's

2:30 not um you know arguing against their government and it just seems to be

2:37 the the issue may be May differ but I think the the confidence

2:43 in in everybody's government is just collapsing

2:47 everyone hates nobody trust them anywhere right you

2:51 yeah I mean it's in the world where government maybe Argentina now right

2:58 that that's about the only exception right right now but I mean I just got

3:02 back from Europe and it was just unbeliev um I mean they had election

3:09 there on on the 9th June 9th and that was like um they were beside

3:14 themselves everybody flipped one way uh France

3:18 uh you know moved excessively against Penn

3:23 uh now they're looking at you know the the whole thing just been gridlock

3:29 uh I mean it's Britain flips I mean it's it it's not even a particular

3:37 philosophical left or right type thing it's just more or less whoever's in power

3:42 just throw them out I think that's basically what's going on hey so so

3:48 what's the computer saying now that uh we had the assassination attempt um you

3:54 said that like last time like Biden had an 8% approval rating that means

4:00 that probably Harris has about six and maybe she has eight the same 8%

4:06 that like the her predecessor um do you think that Biden's going to step

4:12 aside before the election um because there's

4:16 rumors now that he's on his deathbed

4:20 I don't know about that but they may use that as some sort

4:24 of an excuse um it politically you know I mean I mean from the beginning

4:30 of this year I've warned that look uh this was all going to be

4:34 a setup uh the Democrats wouldn't allow any other Democrat on the ticket

4:40 and that was for this purpose right and um Biden was to hold out until

4:47 the Republican convention to make sure the Republicans

4:51 don't even know who they're running against

4:54 right um and you know I've you know put out sever times that you

5:01 know there's different parties that that are

5:04 looking at trying to get uh into Power

5:08 uh Hillary's in there as well uh and you know uh basically what Hillary

5:16 was hoping for was that she would be drafted and take the magnanimous role

5:23 oh I don't didn't really want to do this but I'm doing it

5:26 for the country you know I'm here to save everybody you know that sort of thing

5:31 um uh camil is basically saying that she's in it for the game I

5:37 mean it this is nobody knows what's going to really happen at the convention

5:42 it's going to be an open convention so um she's claiming she has delegates

5:48 already lined up for the nomination uh it it's look the computer has not

5:56 changed I I stated at the beginning of this year that I was kind

6:02 of surprised uh because the computer had you know two of its six models

6:08 that Trump would get 61% and another one at 59 yeah the two

6:14 that that showed a democratic win were basically just one tick apart um so it

6:23 showed long before this this attempted assassination

6:27 that you're looking at um a a sharp

6:33 swing U and it it the model doesn't care who the candidate is

6:39 sure if it's Trump or another Republican it's not on a personal level

6:45 it's just basically showing that kind

6:48 of what we're seeing around the world whoever's

6:51 in power throw them out um so I think you know we've just seen

6:58 that in you know in Europe I mean in Canada you know um I mean

7:03 they just want to go after Trudeau like really really bad uh France we're

7:09 looking at I mean it's um so I I think that's what the computers

7:15 basically showing that the Republicans should win and that we're looking at a um

7:23 a sizable win which is unusual um and I say that because if you look

7:30 at most of the elections you'll see like Obama won 51 a half% you

7:35 know that's about it you know it's it's usually very close and they they

7:41 claim that one or two perent that they got is a mandate you know

7:45 to oppress the other side you know uh which it's not only three presidents

7:51 ever got more than 60% that was FDR one time uh Johnson after Kennedy

7:58 was assassinated which I guess was a sympathy vote uh and Richard Nixon when

8:03 he said he was going to take us out of Vietnam yeah uh any

8:07 you know anything else has always been just a few points above the other one

8:12 that's it um so for the computer to show 61 for one and 59

8:21 that's a pretty sizable difference uh which like I say hasn't been seen since

8:28 uh last time it was rich Nixon yeah it's amazing and uh and it

8:33 kind of makes sense you know uh the debate performance uh I mean it

8:40 it just smells of a setup look Marty like why are they having

8:44 the convention in Chicago right Chicago Illinois

8:48 is a democratic State it's you know no

8:52 swing state no benefit there um and setting the debates early to eliminate him

9:00 I think that was in the cards and who is from Chicago so everybody's theorizing

9:07 Michelle Obama is going to make an appearance here and come in but what

9:12 they're neglecting I think at this point is momentum is built behind Trump plus

9:18 the fact that a certain segment of uh our government apparently wanted to take

9:23 him out so uh so they don't like that they don't like seeing political

9:29 violence in the US and um you know is Camala Harris really going

9:35 to be the candidate or is it going to be uh Michelle Obama I don't

9:40 think she'll run if she doesn't believe 100% she can win that's my take

9:45 because being defeated by Donald Trump would uh scar her for life well I I

9:53 I think you you're correct in the in the fact that the debate

9:59 if you recall the beginning of the year there were going to be no

10:05 debates and Biden was saying oh Trump isn't worthy to even debate so all

10:11 of a sudden you know they create the debate which was unprecedented because you

10:17 don't debate before you're even a candidate

10:22 right you you debate the other people

10:24 in you're in a primary but you don't you know this is the first

10:28 time there was Aid presidential debate before

10:31 either one was ever nominated usually they

10:34 come afterwards so that was a setup and then he was I'm in it

10:40 for the for the Long Haul and he only drops out after the RNC

10:45 takes place so I mean they did this even with um Feinstein from California

10:52 they told her you know yeah stay do not you know die in office

10:58 because you know basically otherwise a republican

11:01 can take your seat I mean these people

11:03 will eat their own you know they don't care about the individuals I really

11:08 feel sorry for Biden I mean yeah you know almost do they trashed the guy

11:13 you really feel bad for him he had no business running in 2020 I

11:18 wrote an article called the emperor has

11:21 no cortex dealing with exactly this and any

11:24 it was plain to anyone who ever had an elderly relative in a nursing

11:28 home that this guy was not up to the task there's no question so

11:34 what my audience what you guys out there want to know is what does

11:38 it mean for the economy what does it mean for the markets what does

11:42 it mean for assets for gold crypto all that stuff with the impending election

11:48 or reelection of trump and what's really interesting we should note is the last

11:54 time a president served non-consecutive terms was

11:57 back in the day of Grover Cleveland and he was the only ex-president former

12:03 president to run against an incumbent president

12:08 and in many ways this has a lot of parallels I know you're into economic

12:13 history and history in general tell tell us what you think about that well

12:19 I mean yes that it was Grover Cleveland who was a Democrat and back

12:24 then it was the Silver Democrats that were inflating the economy and he ran

12:30 and in the Panic of 1893 he's basically uh land blasted them and and he

12:36 said that you know this is um you know unsound Finance is what is

12:42 destroying the country and what is interesting

12:48 from that point of uh of perspective

12:52 there is that that's when there was a a march on Washington by a business

13:01 small businessman named coxley and they gathered

13:05 you know lots of people and they ended up there in Washington they eventually

13:10 arrested him to shut down free speech

13:13 uh oh he walked on the grass you know so they threw him

13:16 in prison for that this sounds familiar doesn't it I mean I thought you look

13:21 it's always the same if you got a million laws you everybody you know

13:27 there's a book out I think everybody creates uh you know something like 50

13:31 felonies a day you just don't know it yeah when you wake up

13:36 but the time you wake up till you you go to the bathroom you committed five

13:40 or six right oh yeah look you you can you know there's so many

13:45 laws on so many different things it's crazy um and I mean you know

13:53 and and they're all every country is the same you go to to to uh

13:58 Switzerland uh it's illegal to do your wash on a Sunday it's illegal

14:03 for man to get up in the middle of the night stand and urinate

14:08 because that might make too much noise to offend The Neighbor Next Door uh

14:14 I mean you can't even make up some of this stuff Florida because with all

14:18 these old people half the jails would be filled with old people getting up

14:22 in the middle of the night to urinate right I know um that's always

14:28 been the joke about what are you in prison for I ripped a tag

14:32 off the off the pillow you know off the bed right you're to detach

14:36 that tag right yeah you you get five years in jail for that one

14:41 you know um but look this is been a setup people really should be

14:48 outraged because um this is just a back room deal yeah uh oh we're

14:55 defending democracy they wanted to remove Trump

14:58 from the ballot we're defending democracy really

15:01 you keep RFK off the ballot uh this is about democracy I mean and you

15:07 only have one choice and then they say oh Putin you know eliminated all

15:12 his his competition so of course he won 88% well isn't that what Biden

15:18 did only one guy on the ticket exactly the same thing um so it's

15:26 it's not Biden so much this is the back room deal and people have

15:30 to understand that um the swamp is in real in control that's where Trump

15:38 didn't quite get um try writing to your right he thought he could make

15:44 a deal with the swamp but you know what when you make a gets

15:48 sucked under it ju you know try

15:53 writing a letter or or contacting your representative

15:57 you got to get past their staff yeah all right you'll never get

16:02 to talk to them and their staff basically are are the swamp they are there

16:07 all the time they just move

16:09 from candidate to candidate and they control everything

16:16 they control what the politicians even allowed to hear um people don't realize I

16:21 mean I've been down at you know Washington and I've seen it firsthand um

16:28 so I mean this is the the likelihood we're going to get um even

16:34 a a mini crash going into September uh these people are the whole attempt

16:42 on on Trump's life is because he is anti-war the same as JFK exactly all

16:51 right um so they basically have wanted to keep get him off the the ballot

16:59 every they've done everything they possibly can Garland has been behind the all

17:05 the the lawsuits against Trump he's in contempt of congress refuses to turn over

17:12 evidence all right and and you know

17:15 they recommend that he be prosecuted but he's

17:17 in charge of the doj and the doj is never going to prosecute

17:21 their own that's like this whole thing is right look I mean we the computer

17:30 basically shows that's what I've been saying

17:32 that we're republics are the most corrupt

17:34 form of government in history because everybody's

17:38 basically for sale you know you've got

17:41 a deep state that gets in there and it it's all just gonna Crash

17:45 and Burn from this type of activity uh you can't get anywhere will'll never

17:53 get reform um you take what's going on here uh with war why do

18:00 they need War all right we know that when you and I were younger every

18:08 everybody was interested in uh you know

18:11 World Peace nobody's interested in World Peace

18:15 anymore why um now it's just war war war I mean as I said

18:22 I just got back from Europe and NATO is preparing at rapid speed for War

18:30 uh our staff in Germany had just told me that one of her friends

18:34 who was 59 years old was called up they're calling up 900,000 people

18:40 in Germany for war for what are they and up to 60 years old are

18:45 they going to Ukraine is that the point of this Ukraine has just been

18:51 the Vanguard nobody cares about ukrainians they

18:54 really don't care all right if they

18:56 ever car they would you know look over a million have now died

19:02 all right there there was a peace deal on the table Boris Johnson hopped

19:08 on the plane went over and told zilinski you can't you know that's it

19:12 you got to kill it we don't want peace ukrainians that I know uh basically

19:19 are you know they Now understand they're not in control of their own country

19:24 no we know zalinski has has suspended all elections because he know he would

19:29 be thrown out um the people voted for peace and they cannot have peace

19:36 over 10 million have been have lost their homes and moved you've got nearly

19:40 10 million have fled the country um I mean this is you know where

19:46 is this beneficial to Ukraine good question it's not all this has been about

19:53 uh you even have uh lindsy Graham you know a video I put it

19:58 on our site he's in a meeting with zinski yeah and he basically says you

20:04 know we're this is the best money we ever spent killing Russians this is

20:09 it I mean if you said that uh you know on the street in United

20:14 States it's a hate crime yeah they get away with it all the time

20:19 this is about going after Russia period I mean I was down in DC

20:26 uh when Reagan was elected and they were all upset about that and I

20:31 said what's the problem they said' oh you don't understand I saidwell okay fine

20:36 tell me what what's the issue oh he's a governorate me yeah they said

20:41 he's a governor we're gonna have to train him I said what they don't

20:46 like anybody from outside of Washington that's

20:48 why they don't like Trump they don't

20:50 like RFK same thing all right so what we're looking at here is uh

20:57 really I mean it it is a coup they basically want to have everything

21:05 their way uh and a lot of people don't understand what is the real

21:13 role of the president he sets up a cabinet the head of all

21:19 these agencies um and he's really the referee

21:23 because they're all like two-year-old children every

21:26 one of them wants its own way all right so just look you got

21:31 you got blinkin in charge of of the state department he's a real neocon he's

21:37 threatening World War everywhere he can uh

21:40 threatening China over Taiwan but China is

21:43 the number one holder US debt yeah so then you have Janet Yellen hopping

21:48 on a plane running over there please continue to buy our debt they dumped

21:53 53 billion the first quarter and then you know you have you know them

21:58 saying let's see you want us to buy a hundred billion of your debt

22:03 so you can buy missiles to shoot us I mean it's just it's it

22:09 Washington is in complete chaos um they are afraid of trump yeah because Trump

22:18 would you know has basically said he he'd end the war and all you got

22:23 to do is honor the mince agreement that's it and the war would be

22:27 over remember remember uh when did Kennedy get taken out when he said I'm

22:32 bringing home the advisors and he wouldn't bomb uh also he wouldn't bomb the Bay

22:37 of Pigs and all of a sudden he was gone um when did Nixon

22:42 get removed uh when he threatened to go public with uh with the uh

22:49 plan that was executed to take out Kennedy right I mean am I off

22:54 the wall here am I just a crazy conspiracy the no I mean there's

22:57 there's tape there's tapes on that the head of the CIA was in his office

23:01 and he said to him I know who killed uh JFK right um

23:10 and I mean the the so-called burglers that fumbled Watergate I mean most it was

23:18 like an amateis job and three of them were xcia come on hey

23:25 and who was at the uh who was actually at the de Plaza right it

23:30 was e Howard hunt and we have a deathbed confession from him and hey

23:36 the CIA created the term conspiracy theorist

23:40 to deal with people who didn't believe

23:42 the results of the Warren Comm right isn't that true look I yeah I

23:48 mean this is you know as soon as they start calling it a conspiracy

23:53 theory I see shirts like I need more conspiracy theories because they all come

23:57 true okay but I have a shirt that says I identify as a conspiracy

24:02 theorist my pronouns are told you so yeah I mean that that's I mean

24:12 they want war you have these neocons and I know some of them U

24:18 Bill Crystal's father basically is credited

24:21 with starting them um and I know Bill

24:25 he even spoke at one of our conferences he wanted to take out Sadam

24:30 Hussein Gaddafi and Assad and I argued with him he said oh we take

24:36 them out that would create peace in the Middle East I said no it's not

24:39 you can't change regimes all right you know you you look at Su

24:44 you know that you know what's

24:47 the difference with Iran they're Shiite versus Sunni

24:52 this is like Catholic versus Protestant you

24:54 know you're not going to solve that right

24:57 it's crazy exactly I mean even in Germany it's the same I I was

25:02 in Bavaria and they said oh it's a holiday today I said what's the holiday

25:06 we won the war I say which war is this oh against Prussia because

25:10 Bavaria is Catholic and the north is Protestant I mean that would pathetic so

25:17 what does it mean for the economy Trump gets elected are we gonna have just

25:21 more chaos because now it sounds like he's going to win with a mandate

25:26 that we haven't seen in a long long time is that going to be

25:30 enough to shut them up or are they going to be after him

25:33 from day one no they're going to be after him from day one there's too

25:36 much there's look these people have been at this their whole life they hate

25:44 Russia they hate China they were Communists

25:49 my opinion from actually talking to these people

25:52 I think um when kusf came out and said we will you know we're

25:57 going to bury you they got all you know riled up and said we

26:01 we're going to spread democracy to the world all right well when communism

26:07 fell they didn't stop all right like I said when I was down there

26:11 with Reagan Reagan wanted to go meet with gorbachov their advice I can tell

26:16 you was don't go to meet with him you can never trust the Russian yeah

26:23 and he didn't listen and he went and the burland war fell if he

26:28 listen to them the Berlin Wall would still be up but we' still be

26:31 in a cold war um I honestly the only thing I can explain why

26:39 these people are just so such warmongers

26:43 is that they grew up hating Communists you

26:48 have McCarthy era all that stuff um and then when communism fell all

26:53 by itself I think they just got mad that they didn't get to shoot anybody

26:58 um they've always just wanted War that's it uh so um I think that's

27:06 that's the issue and they're not going to give this up uh they hate

27:11 Russians period and um look I mean you take what I find strange you

27:20 have Garland you have blinkin and you V have Victoria Newland all three of them

27:26 Trace their Heritage to uh to Ukraine and all three of them say

27:31 that the Russians persecuted their families how

27:36 three of them how the three of them

27:39 get that close to power unless this was designed um good question it's

27:46 just I don't know it it it it just seems as they have weasel

27:52 their way all the way up to the top to carry out personal vendettas

27:57 I suppose I don't know um I just find it very very strange and I

28:03 don't see them backing off um I think Plan B is to start uh

28:12 some sort of a war before Trump takes office to try to trap him

28:18 into it um they're already beginning to roll out the things that uh you

28:23 know because he wants peace oh he's a puppet of Putin uh um so you

28:29 know expect that one uh and uh they just want war and simple

28:36 as that and I don't think they're going to stop I think uh be very

28:41 careful because I think they're going to try to set up some sort

28:45 of a false flag in August you know to September um the market probably would

28:52 have a mini crash going into that usually markets will decline first um

29:00 on a on a prospect of war and then later resettle and then begin the rally

29:06 um so I you know you know we're we're clearly going into recession uh

29:13 the computer showing that into 2028 uh and uh look these people have created

29:23 the inflation but with the the sanctions that they imposed on Russia have only

29:30 backfired on on the west but U economically but also it created the bricks

29:41 um China and other countries start saying wait a minute if you're going to use

29:46 the doar as a as a weapon um then you start dividing the world

29:52 economy um when Russia went into Crimea back in 2014 Obama went to Swift

30:00 and wanted to have them removed and they refused they wouldn't do it so

30:03 they replaced the head of Swift in 2019 he does whatever they want he's

30:08 destroyed the world economy there's there's no

30:11 longer a global Trend yeah so there's

30:15 no coming back from this then is there I don't think so you're going

30:20 to head into particularly with war and you got NATO honestly NATO is moving

30:27 so rapidly to war um they're giving Ukraine uh every option to go ahead

30:35 invade Russia bomb Moscow if you want uh oh it's not us so it's

30:41 like you hire somebody to kill your spouse and say okay here's the gun

30:45 you pulled the trigger I didn't do it you know come on uh that's

30:49 still conspiracy so Russia knows this question is um so is this good for gold

30:59 and uh and all of that yes I mean I think I mean that's

31:07 part of the reason the confidence in in government when that collapses all right

31:14 then you move back towards private sector assets right um gold will go up

31:20 I would be concerned more about um you know just you know storage facilities

31:26 things of that nature because they can always be seized but um even if

31:31 you go back to the 1840s when all the states defaulted after the panic

31:37 of 1837 um the stock market Rose yeah because when you're when government is

31:45 defaulting and you can't trust their bonds

31:48 the flight equality reverses right all right

31:53 1929 we had a balanced budget so the power went up and the stocks went

32:00 down all right you have you know that's the flight to Quality I

32:05 mean Andrew melan basically said it back then when somebody asked him when is

32:10 the market going to Peak and he said very simply he says when gentlemen

32:16 uh prefer bonds of course MN Monroe

32:19 turned it into blonds later the original quote

32:22 was bonds um and that's what he was talking about the flight quality when

32:27 you're concerned about the private sector you go to the government but this time

32:32 the government's the problem yeah so you really want to sell all your stocks

32:37 and buy government bonds I don't think you want to do that the whole purpose

32:41 of war is you can look at every one of these wars and what

32:47 happens a new government is formed that new

32:51 government defaults on the old right uh

32:55 you can go on eBay and buy Continental currency then look at the Constitution

33:00 Constitution said they were going to honor all the debts of the of the previous

33:04 government they never did they lied all

33:07 right and that's right in the Constitution

33:12 so um you can buy bonds from all the various governments I mean

33:17 they all defaulted I mean uh this is what they're looking for all right

33:23 they create War that's excused to default on all these debts they cannot p

33:29 uh and then they get to start all over again all right so what

33:32 are we looking at here gold is gold the best place to be what

33:40 uh gold I think also you'll see the stock market come down first maybe

33:47 make a low in by September it depends when what these people are going

33:51 to stage but September looks to be a very wild uh period on our computers

33:59 um so I would expect something along those lines maybe even you know

34:04 Biden steps down at that point because they got to give Camila a chance

34:09 to pretend that she's government you know

34:11 the president president so suddenly he'll get sick

34:15 and step down whatever but um this is just their playbook this wag

34:21 and it's all written in they do it all the time the dog right pretty

34:30 much it's you know yeah that movie you know you know the they created

34:37 a war all fictional to get to win an election I mean this is

34:42 you know a lot of this stuff a lot of these Hollywood movies are

34:46 sometimes you know at least begin with a kernel of Truth yeah yeah well

34:52 remember that and remember what happened

34:54 to the director after he thought that he

34:57 was uh actually a player and not just a pawn and what did they do

35:03 to him they removed him right look this is um the Press is all

35:11 on board with the government um you know they you know they think they're

35:18 um you know RFK ABC NBC CV CVS nobody will give him an interview

35:27 um they're trying to to bury him as much as they possibly can they're

35:32 even trying to take him off with some ballots to make sure he never

35:35 gets on some states because they're worried

35:38 about him taking votes away from them

35:42 um listen this is about winning it's not about law it's not about ethics

35:49 or country and God and it's I gotta win and I don't care what it

35:54 is it's all about power so that's what you you know that's the swamp

36:00 hey it's that's what we're dealing with what is it about power Marty that is

36:06 so intoxicating and makes these people they'll do anything to get it and to keep

36:13 it what is it about that I don't I don't really know um

36:20 I would say look the vast majority of the swamp are bureaucrats they were

36:27 there for their entire life all right um you know they're not from the private

36:35 sector I mean the you know we there should be term limits on everything

36:42 um I mean just look at you know Victoria Nan's husband is the one

36:47 that came out with the article in the Washington Post and accused Trump

36:51 of being a dictator and he responded yeah I'll be a dictator for one day

36:56 and every go see he said going to be a dictator it was

36:58 her husband that put it in why

37:01 because Victoria nulan was in every Administration except

37:04 for trumps yeah funny how that works

37:08 huh yeah it's very funny and her sister-in-law

37:11 runs the institute for the The Institute for the study of War every

37:17 article that you look at oh Russia's weak we can beat them whatever

37:21 The Source Victoria Nan's sister-in-law um so so how H how high can gold go

37:30 and how high can the stock market go we talked about 60 something thousand

37:34 for the market for the Dow how high can gold go 5,000 10,000 yeah

37:40 the Dow can go clearly to it it can go to 60 to 65

37:44 that's our our first Target was four

37:47 40,000 which we have reached then there would

37:50 be a pause uh and then you know the next big level is 60

37:55 to 65 um and what you have to understand is what is going to create

38:01 that and the same thing with gold um it's a it's basically war

38:09 and that's what our computer has been

38:11 projecting we're going into war probably it's going

38:15 to you're looking at it peaking around 2027 right um so for three years

38:21 it's going to look pretty bad that's also um our computer projecting that we're

38:27 looking at a recession going into 2028 before that reverses as you go

38:33 into war there's shortages inflation Rises um

38:38 Capital controls if you're in Europe you you

38:41 know you better get your money out of there first because you're not going

38:44 to get it out later um and look this is basically it you know

38:53 rationing and shortages creates inflation uh so we're

38:59 looking at more of a of a stagflationary

39:02 trend with Rising inflation um and uh lower economic growth and uh you

39:13 have to understand when when pal at the Federal Reserve came out last December

39:18 he sees this coming last December he

39:23 criticized the Biden Administration said this spending

39:26 is UN sustainable that's the first time

39:29 the Federal Reserve has criticized the current

39:32 Administration since 1951 um all these people

39:38 oh but you know Pal's going to lower

39:41 rates uh he knows war's coming rates are not going to decline

39:48 in in the face of War they're just not that's when spending is going to go

39:52 up even more and the big problem is and all our research when do

39:59 people don't understand much about the economy

40:04 and governments in debt they keeps all$

40:07 34 trillion doll it's got to collapse no the collapse comes when people are

40:13 no longer willing to buy it it's got nothing to do with the level

40:17 of debt when you can't sell the new debt that pay off the old

40:22 that's when the default comes right um as long as somebody's willing to buy

40:27 it they can keep kicking the can down the road now this is

40:32 a significant issue with blink and threatening

40:36 China and they dumped 50 you know three

40:39 billion the first quarter yeah they certainly not gonna they're not going to be

40:46 buyers all right so all of a sudden you're you're reducing the demand this puts

40:53 us in that risk position if you can't sell the new debt then rates

41:00 go up to attract more people correct so and the FED only controls the shortterm

41:09 rate not the long-term that's what quantitative easing was all about he went

41:16 in to start buying in the the long-term debt to reduce the supply to lower

41:22 the long-term interest rate the FED can't set that that's what you know

41:27 the whole quantitative easing was about right

41:32 the FED can only set the short-term rate

41:35 but the spread between long-term and shortterm

41:38 widens during war sure you really want

41:42 to buy a bond for 10 years at a fixed rate you know when you

41:46 have no idea what's going to happen I wouldn't and they usually default

41:51 at the end yeah of course so stay away from the Government Bond stuff um

41:58 and even buying 30-day paper beware when Italy was in trouble what did they

42:05 do they couldn't pay it oh we're converting it to 10 years yeah the government

42:13 could do whatever it wants nobody's going to prosecute him just like garlands

42:18 in contempt to Congress oh it you

42:21 know they can recommend he should be prosecuted

42:24 but he's in charge of the doj they're not going to prosecute their yeah

42:29 well they have that inherent temp power uh but they don't want to use

42:35 it where the Congress can order the uh the house can order the sergeant

42:40 at- arms to go lock somebody up right um Good Luck yeah but nobody

42:46 I I think he'd find a a a a firing squad if he tried

42:52 to enter the Department of Justice yeah it could right I'd love to see it

43:00 yeah look but it's never going to happen right no it's not going

43:04 to happen they're not going to drag him out although he deserves to be um

43:10 and you know it it just shows you how corrupt the system is he

43:16 anybody else can contempt to Congress um

43:21 I mean Trump advisors are in in contempt

43:24 to Congress and in prison yeah they no problem throwing them in right it's

43:29 funny how that works you know it's look it's that's why I say republics

43:37 are the most corrupt form of government in history um and most people don't

43:43 know I am going to do a book on it because I I think

43:47 it's so misunderstood when Caesar crossed

43:50 the Rubicon all the cities opened up opened

43:54 their Gates and cheered why because there was a debt crisis and the bankers

44:00 were basically the Senators the Senate fled to Asia you know and ciso oh

44:08 he was a dictator well so were you you know but the point is if

44:11 you couldn't pay your debt back then what did they do if you borrowed

44:16 $100,000 for a house and they say it's only worth 50 now they didn't

44:20 take the house back and say you're even no they took the house back

44:25 and they wanted the extra 5050 Grand so what what happened if you couldn't

44:30 pay that they took your children and sold them into into slavery a little

44:35 bit different that's why the people cheered

44:38 when when Caesar crossed to Rubicon because

44:41 they also thought he was going to to abolish all debts yeah it was

44:46 a debt crisis yeah that's right they want to talk about that and that was

44:50 a real estate crisis too right the the death yeah I mean on by real

44:55 estate crisis speculating in all the the new found land Etc and I

45:04 mean how corrupt it was the high priest was in charge of of inserting

45:11 leap days okay um if they didn't want to go to election they bribed

45:17 him give us an extra couple months when Caesar crossed the Rubicon it was

45:22 January 10th it should have been winter it was summer yeah that's why we

45:27 have the Julian calendar he went

45:29 in standardized it and removed this discretionary power

45:34 from the high priest yeah and that's why we got and the Julian when

45:40 you when you can start manipulating the the calendar so you don't have

45:44 to go to election it sounds like

45:46 zalinsky suspending elections during the war which will

45:50 as long as I keep it going I never have to stand for election

45:53 you know yeah well hey the more things change the more they stay the same

46:00 right that's why history repeats it's not that the uh issues repeat it's it's

46:08 that human nature never changes yeah it's always the same they were real estate

46:14 panics they were buying borrowing money from uh the the temple in Athens

46:20 to speculate in real estate when the real

46:22 estate collapsed they couldn't pay then all

46:25 of a sudden everybody was shocked that the Temple of Athens had lost so

46:28 much money what were you doing the high priest was paying off people yeah

46:33 I mean it it's always the same thing you can go to to delos

46:39 which was like the Temple of Apollo was kind of like the Federal Reserve

46:42 of ancient times they listed you know how many states borrowed from them

46:48 and defaulted it was the first you know Sovereign default of the 4th Century BC

46:53 so nothing's ever changed this has been going on for a long long time

46:58 yes it has and uh it always will I guess so we're just the latest

47:04 uh greatest uh version of History right

47:11 every nation rises from a magnanimous level

47:15 becomes corrupt and then Falls and is buried in in a common grave if

47:21 that was not true we would also be speaking Babylonian and and and it

47:26 keeps happening over and over again right this play continues on the the Romans

47:34 the uh Greeks the Babylonians it doesn't

47:38 matter what country you're talking about what

47:40 Empire because uh just like you're seeing with Trump and trying to take him off

47:46 the ballot all everybody acts in their own

47:50 self-interest period it's not about law

47:54 it's how can I use the law to make it sound like like I'm doing

47:57 something that's magnanimous and it's it's just not like I said coxley led

48:03 the most people don't realize but coxley

48:05 who marched on Washington uh asking for Washington

48:10 to create what F you know FDR eventually made is the the W you

48:16 know PA that March on Washington one of the guys in that March all

48:23 right turned it into a children's book that's basically um you know you know

48:32 the the whole march on you know Follow the yellow brick road which was

48:38 the gold standard uh the lion was supposed to be William Jennings Brian the Tin

48:44 Man was supposed to be uh the industrial eror and uh then you had

48:49 the Scarecrow agriculture it was you know basically that was the the march

48:56 on in 1893 yep that's all where socialism began it it everything all right so

49:05 you're pretty safe in the stock market maybe a mini crash coming up maybe

49:09 a war if Trump gets in is yeah I would look at the stock

49:14 market it's going to back off um short term here probably going into September

49:20 I look at that that period in time um like I say they're probably

49:26 going going to try Plan B at this stage in the game they're not

49:30 going to give up trust me they're not going to give up they missed Trump

49:34 the first time I hope they don't try to assassinate him or give

49:39 him some bird flu shot that he dies with a heart attack or something

49:43 but um um they they are Relentless trust me they there's too much

49:50 on the table for them to just walk away yep agreed agreed all right well hey

49:57 go over to Armstrong economics.com sign

50:01 up for Marty's uh very informative misses

50:05 that come out regularly during the day and the week and hey if you got

50:09 a question for Marty or myself KL at klutz.com that's the email address

50:15 and we'll get you back and answer quickly and while you're at it you find

50:19 a link to Marty site on financial survival network.com sign up for your free

50:24 newsletter Marty I'm sure we'll be talking

50:26 again soon uh the election's right around

50:29 the corner you know it's hard to believe it's like it's it's it's a less

50:35 than four months away I mean three three and a half months and uh

50:40 it's going to be turmoil chaos and all that good stuff so be prepared

50:45 and uh I don't know about you but I'll be buying some gold yeah

50:50 it's well it's the Chinese curse may you live in interesting times and these are

50:55 the most interesting ever thanks so much Wy thanks a lot see you again