Key Takeaways

In this episode, Marty Bent and Tom Luongo explore a sweeping theory that Davos elites are orchestrating a geopolitical and financial conflict, using Iran’s nuclear ambitions, Israel’s military actions, and Trump’s foreign policy, to destabilize the U.S., fracture Trump’s base, and undermine Bitcoin’s rise as sovereign money. Luongo argues that Israel is being cast as the global villain in a proxy war, with Iran playing both sides while Davos seeks to sabotage the U.S. Treasury market. Despite their efforts, capital is returning to the U.S., signaling cracks in the globalist strategy. Trump, Powell, and Scott Bessent are presented as unlikely allies resisting this financial coup. The episode closes with a bold vision: Bitcoin, through energy-intensive mining and nuclear conversion, could serve as a trustless path toward global denuclearization and peace.

Best Quotes

“The Iranian nuclear program is the forever war... it’s the impetus for keeping global chaos alive.”

“You’re trying to set three players against each other: Israel, Iran, and the United States... to get them all to do exactly what you want.”

“It’s all about the bond market, dude.”

“Trump achieved more for Middle East peace in ten days than the U.S. did in ten years.”

“We’re accumulating Bitcoin… and using it to rebuild civilization.”

“This isn’t just propaganda anymore, it’s weaponized narrative warfare.”

“If Powell’s hurting the offshore dollar markets, then Davos is finally on the ropes.”

“I’m not interested in being philosophically pure. I want to win.”

“Maybe this time, the wolf is actually here.”

“Bitcoin proves denuclearization in real time, convert the uranium to energy, mine Bitcoin, and the hash rate tells the truth.”

Conclusion

This episode of TFTC offers a provocative analysis of global power struggles, financial manipulation, and Bitcoin’s potential role in reshaping the future. Centered on Tom Luongo’s thesis that Davos is engineering conflict to undermine Trump and destabilize the U.S., the discussion weaves together market signals, historical context, and political intrigue. It challenges conventional narratives and proposes a bold vision of Bitcoin as both a monetary revolution and a tool for global peace. Regardless of where one lands on the arguments, the episode encourages critical thinking and stands out as essential listening in a time of accelerating uncertainty.

Timestamps

00:00 - Intro
00:57 - Chaotic week
04:15 - Bond market wars
16:59 - The Israeli-Iranian Chess Game
29:50 - Bitkey and Opportunity Cost
31:29 - Israeli sentiment and 10/7 false flag
42:16 - Unchained
42:44 - China vs Davos-Centric Analysis
51:36 -Regime change or nuclear sisarmament
55:17 - Middle east negotiation
01:05:35 - Davos chaos narratives
01:20:16 - Threading the needle with bitcoin

Transcript

(00:00) israel was going to be turned into the perfect villain so that they can be the scapegoat for destroying Iran and the goal is for Davos to turn that into a massive scop as a means by which to destroy Trump and if Iran played along with any of that and the service of those vampires at Davos them you're trying to set three players against each other israel Iran and the United States you're trying to get all them to do exactly what you want them to do the solve is the Iranian nuclear program is the forever war if you strip out the players and you just look at it in this military operation you're like
(00:33) "Wow it might be one of the greatest things ever pulled off 75% of the people listening to my voice right now won't believe it anyway." Because when you've been propagandized too hard doesn't matter how many facts I put in front of you clear that you know then we have a civil war keep saying it over and over again it's all about the bond market dude we're accumulating Bitcoin we're doing the thing we're using it to rebuild society and civilization having been in the process of this move for the better part of a month I've been somewhat disconnected which seems like I
(01:04) don't know if it's a good or bad time to be disconnected but right ending the week i think this is becoming our thing friday night right end of uh in the very chaotic weeks we catch up uh I'm sun-kissed i've got salt I've got Atlantic Ocean salt water on my skin right now just came out of the ocean feeling relaxed and excited excited excited to uh to unpack everything that's going on what the hell god there's so much going on where where do we even start that's a good question there's so many things to say to say and I'll be honest with you
(01:42) Marty i have already done the whole I I've I've done four or five things in the last three days multi-hour you know phone calls podcasts did a three and a half hour Twitter space on Tuesday night just got got done with a two two hours with with Alex Craner yesterday where you know I think Alex and I had our our very first you know serious disagreement about things ever either publicly or privately um and it wasn't you know bad or anything but I it was it was stressful for both of us and it was especially
(02:20) stressful for me because I I don't like to I I I love Alex too much to you know publicly disagree with him about things or or knowing full well that I was probably going to trigger him and and so like and I was really worried about that and so it probably then my anxiety over that translated into my performance and like now I feel bad about that um so where are we we have about five different domains where everything is like blowing up right you've got Israel Iran um you've got what I'm uncovering in the what I'm seeing in the financial markets i just did a Bitcoin conference down in um Tampa over the weekend uh the
(03:01) Bitcoin Bay group uh invited me down there and I was able to to chat with a bunch of Bitcoiners about all the stuff that I you know talk about right which was great because you know there they had never really ever heard any of this stuff from me right and I was brought in there specifically by my friend Chris Sullivan of Hiberian Desimist to um who's been on my podcast a couple of times and um and to discuss these things and to introduce those ideas to to that community which was very successful by the way um and uh yeah it's been been a
(03:37) hell of a week right all this is going on um it's I think it's clear that you know then we have a civil war they're trying to you know start a civil war here in the United States and it's all comes back to the same thing i keep saying it over and over again it's all about the bond market dude they hate like it's all about the bond market can they destroy the US Treasury market and keep capital from flowing into the US it's always the same thing over and over and over again and and that's what I keep seeing and you know the stakes keep
(04:11) getting higher but the target remains the same yeah this is this is a great place to start because I threw out a couple tweets one of which you responded to um particularly around interest rates and context of interest rates the Fed funds rate and I think we should anchor around that like Trump in this in this position with everything going on whether it's immigration civil war Iran Israel Ukraine Russia we'll throw that in there um he's we've talked about this many times he's focused on the economy growth making sure everything's okay get to
(04:50) midterms so the Republicans can keep the House and the Senate and then roll into the 12-year plan from there hopefully if things are all humming and I I guess that's what I tweeted out that that's the one thing that's perplexing to me particularly this week with everything going on in Israel and Iran is his continued battering of Jerome Pal to lower rates when it seems like the tariffs are working it seems like uh the economy is doing much better than uh everybody was saying it was going to do once he got in office and started with his drastic policy changes and to me
(05:29) lowering rates is a sign of weakness if nothing is structurally wrong in the economy if there's no liquidity problems in the plumbing of the financial system if unemployment is at a good level if inflation's at a good level why rush to lower interest rates particularly when a war starting another war starting in the Middle East which is going to be highly inflationary for oil prices if it continues to to escalate that would be the worst time to lower interest rates right and you know when you when you when you look at it from that perspective it's really really difficult
(06:00) to um it's it's really difficult to be upset with Powell holding back on cutting at this point in time and I I don't I'll be honest with you Marty and I I've been I I spent the last couple days I'm trying to do all this figure out what's going on with the war with the war and write this month's newsletter and I was trying to write that you know I'm trying to write that in like fits and starts all all week and I just finished the uh the article where I talk about you know the markets basically and our you know our portfolio
(06:31) review and all that and I said to my and I was looking at it and you know when I took a look at the markets it sometimes you think it's maybe it's wishful thinking some think I'm like no I know these things well enough trust my instincts on this it feels like the markets are starting to push back that capital starting to flow back into the United States we had a big wave where it all moved out into the uh you know into emerging markets in Europe and now it's we're starting to see the rollover we're starting to see the push
(07:01) back this way again as much as they tried to pull the tide out of the US and keep the money from flowing back in you know that was an operation and they spent a lot of money on those operations and I've talked about them i don't remember i think we talked about it back during the tariff the last time you and I spoke was after the tariff tantrum and I now have the TIC data which confirms that Mark Carney ran an operation u with US treasuries um yeah cuz you you were it was I think the day or two before
(07:32) they were releasing that data when we last spoke and you were you had a hunch that there was going to be something in that well it was it was that that the the TIC data was always two months in a rear so what I said back then was that you know this is what I think is going on but we won't get confirmation until June because the April data won't come out until June and the TIC report comes out around the 15th of every month whether there's a you know whether it's on the weekends or there's a holiday or something along those lines so here we
(07:57) are we're on it's June 20th and the TIC data is out and as I was working on that article you know I was because I was you know I was saying to myself I think I smell you know capital starting to flow back in the US the DAX is rolling over the earth stocks 50 is now starting to underperform the Dow um the euro is topping out the pound is topping out you know okay so this whole weak dollar trade you know we're starting to see the long end of the yield curve creep back down away from 5% now we're down into the 48 485 range on
(08:28) on on the 30-year like that's telling me that there's something happening here the Dow is up and then it's holding steady and we move back up into the 42s and it's kind of holding steady yeah it's been volatile this week with Israel Iran and you know people going to cash and that's perfectly reasonable but the other thing I've noted is that the short-term T- billill market is gone has it's gotten it's starting to seize up and this was happening before Powell declined to cut rates which guess what no one was surprised about but the S&P
(09:05) the Swiss National Bank went back to the zero bound the Reese Bank in Sweden dropped another quarter point the ECB cut again and while pal while Trump could be out there thinking like a New York State real estate developer going I need lower rates in order to lower to in order to do all these big projects that I've got coming you know that's his that's his bag and I I understand that's his point of view you've got his Treasury Secretary Bent clearly running an operation on draining the LBMA of all their gold and uh and Powell sitting there going "Look
(09:40) I've got these people on the ropes because now I saw the Hong Kong dollar i'll go look at the Hong Kong dollar it's pegged at the top of the range it's been there for 10 days i haven't seen the Hong Kong dollar pegged at the top at either the bottom or the top of its very tight peg in years okay and this was three years ago i think it was the last time I saw something like this happen and I'm like but this is big now because it's not only happening there it's happening in the T-Bill market the um we're seeing um the the one-mon
(10:12) market across all of Europe i just like to quick scan the other day or yesterday or and today of the yield curves across Europe and there's seizure happening in the one-mon market over there like the they're they're selling off um the reason so we have a a weird thing is setting up in the in the the T- bill market right now the one to three months you've got the one month is down below the Fed funds the bottom of the Fed funds range but you've got the two year you got the two-month at 4 and a half% 4.5 4.55 you've got the three-month is
(10:45) up as well so you've got a weird moment where you've got you're at 418 456 435 or something like that right so there's this big you know inversion on the or big spike on the twomonth like why are people doing that you know what's what's going I I tweeted out this morning what's going on in the 60-day T-bell market right but it started happening last week because I chart it all the time every every market report I update my my my chart on Wednesdays and Sundays every week like it's just part of my routine so I'm constantly looking at these credit spreads within the US Treasury market all the time and they
(11:23) were flat and boring and I've been like "Yeah there's no stress in the markets you know like sofur's not moving like nothing's going on here it's kind of boring actually." And then and now it's starting to crack if there's big if there's a big rush in the dollars you have people who are sitting overseas in tea bills and they're selling the crap out of them because they need dollars and that's happening in the two-month and the three-month market and then the one-mon market I suspect and I was talking to I called Vince Launchie up this this afternoon like Vince this is what I'm seeing and I said "This is what
(11:54) I think is going on." He's like "Absolutely." The one-mon market um people are needing repos they need collateral so they're buying one month 30-day T bills in order to be able to have the collateral do seven and 14 day repos so you're getting this like jumble in the market all at the same time and like and then the Hong Kong dollar is pegged and that's getting drained and the Hong Kong monetary authorities having to defend the peg by dumping treasuries to hold the peg because people are looking for dollars
(12:28) so Powell has been very effective in upsetting the offshore dollar markets exactly as I've been talking about for years and we might be at that inflection point where something's about to crack i don't know what could be the Hong Kong dollar peg been waiting for it for forever and a day and with the amount of dollars flowing through chi it's flowing out flowing through to get back to China because of the tariffs and right now all of a sudden yeah dollars are kind of scarce in Hong Kong and I think those
(13:01) dollars that are being demanded in Hong Kong are going back to London because if you like you want to look at it this way the city of London in London their city of East London in Singapore and the city of Far East London in Hong Kong is kind of the way I'm looking at it now right i like like co those phrases like this afternoon when I was writing this this the section of the newsletter i'm like that makes perfect sense so this is all happening against the backdrop of Israel Iran and Trump is you know I think he's
(13:33) playing I I have a long argument about what I think is going on with Israel Ron and we can and it comes down to it's going to make me s and I I'm getting roasted on Twitter for this i'm getting roasted everywhere i'm getting roasted because of the comments because of the the the the video I did with Alex yesterday where it's at at times I you know we got a little heated with each other and um and of course I'm making the argument that Israel could have been betrayed by the city of London over the JCPOA and over Iran enrichment in the nuclear weapon let's let's it it
(14:17) it's complicated but it really comes down to what if the British as always are on both sides of the conflict hey you let's you and me fight and what would get Israel angry and what would what would Iran why would Iran get angry and over the course of the last 40 years the Iranians have rightly pursued an axis of resistance against US UK Israeli aggression towards them that Israel is there as their land-based aircraft carrier in the middle the British aircraft carrier in the Middle East we have a whole bunch of American
(14:54) politicians who were bought and paid for by all this Euro dollar for all lack of a better term and the whole libore system bought all these politicians um we have all these you know dual citizenship um uh loyal you know disloyal people in Congress and the Senate well they're all aging out dude davos has got to use that asset this this Israeli asset that they have they've got to use this and I am using the terms Davos and City Bond interchangeably now just so you know um I'm thinking to myself strategically I'm like thinking like the guy at the the the Doom table or you know whatever like
(15:38) how do I get he the two of them to fight and beat the hell out of each other so that I can swoop in and win the game well this is how you do it in this case it's actually a three-player it's actually three you're trying to set three players against each other israel Iran and the United States you're trying to get all them to do exactly what you want them to do and not And then there's Russia as well like and like and when you put it all together the solve is the Iranian nuclear program is the forever
(16:05) war that's the impetus that's the impetus for the forever war right two weeks away for the last 30 years right well yes exactly and Netanyahu when he was a good loyal you know stoogge for the Zionists kept using that as a talking point in order to get what he wanted for Israel right iran in the face of this rightly forms this axis of resistance strategy starts to pursue nuclear weapons because of what we were doing in Iraq during the Iran Iraq war and all this other stuff and you know I don't blame them for
(16:48) doing that i never have but I still don't think they should have a nuclear weapon okay i don't think North Korea should have a nuclear weapon i don't think the Israelis should have a nuclear weapon i don't think anybody should have nuclear weapons if you want my honest opinion but here we are this is the world I've got not the world I want so now let's put Yeah so you you with me i was just going to say that's like the that's like the frustrating thing is like if you're anti- this conflict and any US involvement it's like you're pro is or Iran having nukes and it's like no right and and that's not and and that's
(17:19) and that's a false diad and the f and another false diad for you is after World War II Israel was the per the Jews were the perfect victim and a and post 107 they're the perfect villain yes and I'm not a big fan and you know how big a fan I am of the classic you know um triangle of hero victim villain to explain all narratives because this is what you do and this is how stories are constructed this is how narratives are constructed is you know from depending on which perspective you want to look at you want to view the conflict
(17:54) will determine who's the victim who's the villain and who's the who's the who's the hero so now let's play this game out up until 2015 or really up until 2010 2009 2008 to 2010 Iran is pursuing this um this um policy obama apparently if you if you go back and you really and I and I've had my I had my my memory on all this um refreshed there was a good article by Jack Jack Cashel on his Substack the other day just kind of going through all this not his commentary through it but just all the the timeline of events okay now I've always said that Obama negotiated the
(18:38) JCPOA on behalf of Davos because Davos wanted Europe wanted access to Iran's oil and pass they wanted they wanted to use that as the new market in order to invest billions and billions of dollars into Iran and that was the carrot that Obama used in order to you know get the JCPOA but the JCPOA was designed and this is where Netanyahu as a serial liar and a scumbag and everything else this is where it works against him because he wasn't wrong that the JCPOA wasn't really stopping Iran from enriching uranium for
(19:18) weapons grade purposes iran could play this game of lying through their teeth that they weren't it was all for medical isotopes it was all for this well medical isotopes you only need 20% why the do you have 60% okay you only have 60% uranium because you want a nuclear bomb so it's all like Iran's position on this is untenable because they're lying had they been saying "Look we don't we're not pursuing a nuclear weapon the fatwa against nuclear weapons that the that that the Ayatollah has um that issued is real." And maybe just
(19:57) maybe he believes that and there's another faction within Iran say the IRGC or some other hardliner faction within Iran that is like "No no no we're going to do this because this is the only way we're going to keep the Israelis and the Americans and the British off our asses." But what happens here if you're looking at this going "Okay so Obama comes in and negotiates the JCPOA.
(20:29) " By the way he you remember he kicked Iran out of the Swift system the first time in December 2011 so he used that as a means by which to get Iran to the to the freaking table to negotiate this deal so the Iranians weren't crazy about this deal either so no one was happy with it but maybe this speaks to where I was a couple days ago maybe I was wrong about that maybe maybe Alex Craner is right that that Iran never really that you know that Iran never really quote unquote made a deal with Davos right but it's hard to see how the Ayatollah and and everybody have have reacted since then because since the war started does all the statements and all the little bits and pieces that have come out all point to Iran's working
(21:05) with Davos to the United States and Israel because they really do mean death to America and death to Israel it's not just it's not just rhetoric to get everybody to the table maybe again I'm we don't we have funible information here i am presenting all of this stuff to try and put together the best thesis I can but I don't think this thesis is complete but if we don't look at all these things in carefully we can't com all we're all we're going to do then is blindly accept whatever propaganda best fits our model of the world and in that
(21:42) case everybody all these birds out there are like um you know it's all the Jews they run the run America they're all powerful blah blah blah blah and you you know Iran is Iran's the good guy which I don't believe or you have the you have the other side of it which is you have the neocons which are saying Israel is trying to save the world from the crazy Iranians blah blah blah blah blah but what they really want is to take over Iran install a Rothschild central bank break up bricks break up the international north south transport
(22:11) corridor that the Russians want and start the colonization of Central Asia which is what they want and we know that's too so we're all predisposed towards hating the neocons because we've lived with them and they're perfect for 50 freaking years and we can see right through them but on the other side of that gambit is whether or not Iran is actually working with Europe to get what they want and if they believe that the best way to destroy Israel and the United States is to keep the chaos of their nuclear weapons program and string everybody along and fake negotiate over getting a
(22:50) nuclear over them not getting a nuclear weapon then that tracks with what we've seen so now let's think about this now let's look at some of the data that suggests that Iran has been doing exactly that so we've all seen how crown prince Palabi is now the guy who they want to install in Iran right the Ayatollah came out and Hameani came out and said "We support Zilinski and their fight for Ukraine.
(23:23) " when Hamani is supposed to be tied with the Russians but he didn't make that statement until after the Russians refused to help them against Israel because the Russians have stood down and said "Get back to the negotiating table." And by the way the Russians had put a stronger defense mutual defense agreement on the table to the Iranians two months two three months ago when they signed that that agreement they put a stronger one on the table and the Iranians rejected it because they didn't want to be tied to Russia so they were playing everybody so again Hami and the
(23:59) IRGC are playing this game just like they always do so again I have no problem with the Iranian like I hate to say it I sound like Benjamin Netanyahu last week i have no problem with the Iranian people i just don't want to see these freaking crazy mullas have a nuclear weapon to blackmail the world with because them having a nuclear weapon furthers Davos's ability to blackmail all of us with nuclear holocaust because you know damn well that the Israelis are never going to stand down if these people have a nuclear weapon which is what I mean when
(24:33) I say the Iranians pursuing a nuclear weapon is the forever war it's the way to keep this thing going forever and I think this is what happened you have one of two scenarios i just laid out the e I just laid out the evil mustache twirling version of Iran and how many there's the other side of it which is that they realize that their their game has reached an end hezbollah has been basically beaten the Houthis are pretty much done certainly since Iran can't even mount a halfway decent defense against what Israel is doing they're freeing F-16s flying over tan
(25:11) they have complete they're running cap over har over tan for Christ's sake um the Russians stood down the Saudis and all the Gulf states aided Israel's defense openly shooting down shooting interceptors to shoot down Iranian missiles coming in okay after 3 years of the Saudis and the Iranians putting you know doing negotiations to normalize relations right erdigan and his pets his pets in Syria allowed them to use Syrian airspace to fly into Iran trump came out and said "I've always known the date of when this attack was going to happen."
(25:54) You know why because it was timed with the LA riots the fight over the big beautiful bill the this all these other things that Davos had set up on their freaking GAN chart to turn into this week's this this week's crazy so what did Trump do two months ago he said "Iran you've got 60 days to negotiate a deal.
(26:18) " On day 61 he attack he let BB attack he didn't attack he just let BB attack do what he always wanted to do but here's another so that's that's that's part number one so now is Netanyahu still working for City of London is and then they're trying to sneak in you know meet the new boss same as the old boss in Thyron it's a perfectly valid argument but here's But here's the one that's even more interesting and the one I think might actually be the case ready the JCPOA was a a fundamental betrayal of Israel by city of city of London like a fundamental betrayal you knew it was the one thing that would set in motion eventually when he gets when he's
(27:00) got a group of people in um power that eventually actually let me back it up a second what did I say about Hamas after 107 they were a rapidly depreciating asset that somebody had to use or lose iran uh getting a nuclear weapon they have so much 60% enriched uranium now they can't play this game anymore the IAEA has been covering for Iran since the JCPOA and then they finally put out a report which like lays out even if it's even if it's half it's still an overwhelming amount of 60% um uh enriched uranium now for a lot of
(27:50) people in the audience who may not know this going from 60 to 90% is easy getting from zero getting from 3% to 60% is the hard part actually getting to 3% is really hard what I'm saying is that that nuclear fuel is easier to purify as you go as you go on as you go up the purity curve which is completely asked backwards from everything else we know in chemistry right i' I've used this you know if you were to sit down and talk with Dave Colum if Dave Colum and I were both here we'd be talking about organic synthesis and since Dave's you know the chairman
(28:22) is the the chair of organic chemistry at Cornell and I would make this argument to him he would be he would be nodding his head going "Yes getting get doing an organic synthesis reaction getting low yield is easy you take the stuff you you write in a a reaction or equation you put the stuff in the in a in a in a round bottom flask you turn on the Bunson burner you do the thing you get you get some yield and you can make a dirty uh you get a dirty product right you want to optimize that and get from
(28:51) like 50 or 60% yield to 90% yield that requires the chemical engineers to really fine-tune the temperature control and the pressure control and the and the and when you add new reagents and how you bring them in and how you go from you know gross chemistry to a finely tuned chemically optim uh chemical engineering process that gets you the best bang for your buck the highest purity stuff for the least amount of money that's the way it normally works in your head and most engineers would think oh getting from 60 to 90 is the hard part because the paro takes over right no
(29:27) it's actually easier to go from 60% UF6 to 90% UF6 meaning you can Netanyahu wasn't lying for once yeah they're two weeks away with a nuclear weapon why because they have a stockpile of 60% uranium that they can turn into 90% in a week put it if they've got the casing and they've got the mechanism and they got the trigger building a nuclear bomb ain't that hard it's the fuel that's the hard part sup freaks this rip of TFTC was brought to you by our good friends at BitKey bit Key makes Bitcoin easy to use and hard to lose it is a
(29:59) hardware wallet that natively embeds into a two or three multisig you have one key on the hardware wallet one key on your mobile device and block stores a key in the cloud for you this is an incredible hardware device for your friends and family or maybe yourself who have Bitcoin on exchanges and have for a long time but haven't taken a step to self-custody because they're worried about the complications of setting up a private public key pair securing that seed phrase setting up a PIN setting up a passphrase again Bit Key makes it easy
(30:27) to use hard to lose it's the easiest zero to one step your first step to self-custody if you have friends and family on the exchanges who haven't moved it off tell them to pick up a big key go to bit.world use the key TFTC20 at checkout for 20% off your order that's bit.world code TFTC20 sup freaks guess what we launched a browser extension it's called Opportunity Cost and it helps you see the true cost of everything in Bitcoin convert prices to Bitcoin as you browse the web opportunity cost automatically displays
(30:57) fiat prices in Bitcoin or SATS helping you think in a Bitcoin standard it works on Amazon Zillow X your bank account QuickBooks so you can convert everything to Bitcoin it's really cool it's also 100% open- source MIT license we don't collect any data all of the conversions happen in your browser on your local device it's a great way to recalibrate your life and begin thinking in SATS go check it out at opportunitycost.
(31:27) app that's opportunitycost.app and you may say I don't want to like spoil what could be the ending but like as you're saying this I'm thinking too and I'm not going to pretend to be some expert on Israeli politics and the the pulse of the social layer of of Israel but it does seem like from what I'm hearing domestically like Net Audio BB is like on the ropes and so like if you're looking for like get this out of him and then replace him like wait let's let's let's let's back that up because I have good data from my friend Holly
(32:03) English who's both Israeli and a former journalist over there and lives in New Jersey and isn't and is not Netanyahu's biggest fan and he and I had a long conversation on Tuesday afternoon before we did the space on Tuesday night with a four where I invited him in along with Pete Kones and Dexter White and we we did a we did a long thing and And um and I'm not saying I'm not saying to take everything that Holly said as gospel but it's closer to the truth in reality than what you're being what you're hearing in the propaganda because I've known this and I've known Hoy a very very long time
(32:33) and um we used to do live streams together back in 2017 2018 like this is not this is this is this is a guy and this is a guy who by the way has been persecuted by the IRS FYI so now um just putting that out there folks so um so Netanyahu so so if you look at the JCPOA as like the first stage of how they're going to betray Israel after a 100red years of backing them and creating them to be this force of chaos in the Middle East and to create and to split the Arab world and do all this rotten nonsense right in order to
(33:15) colonize you know and run their mckinderous playbook and all that crap but at some point Israel becomes a rapidly depreciating asset depreciating asset because Israel can only be maintained so long as you've got the an America willing to back it right so John McCain's dead lindsey Graham is aging out he's going to probably get primar blah blah blah blah blah hillary Clinton's gone obama's out of the picture you know Rumsfeld's dead wolawitz is out of the picture dick Cheney is out of the picture liz Cheney is out of the picture like I can keep going all these neocons are pretty much gone there's only a few of them left but
(33:50) they're still powerful they still have powerful positions in the Senate and the House so they're there and Apac is spending more money now trying to hold on to whatever control they have left it's why Miriam Adles's out there spending a hundred bill a million dollars on Trump's campaign to try and get access keep access so now the last roadblock is ground now we starts there what I've been positing over the last few 72 hours or so is what if Netanyahu and the Israelis finally realized yeah we're no longer useful to that
(34:36) what would be the inciting incident where they would break completely with the old city of London agenda 107 and 107 is was and will always be an MI6 operation when 107 happened wait just wait for a second let me let me let me finish this one out and again in my conversation with Alex Crane I did with Crypto Rich yesterday Alex supported my argument on this by going through chapter and verse how MI6 was probably involved with the Qataris and parts of Hamas okay 107 was a British British and Qatari based false flag
(35:27) what's the one thing that you can do to just to get all of Israel that is kind of split on this whole thing and and get them riled up and all marching in one lock step to wipe out the Palestinians kill 1,800 people in the most brutal way imaginable so let me ask you a question what happened to the United States after 911 were you old enough to know because I am i was thrown out of gun stop gun shops in North Florida on starting in 912 on 912 the entirety of the United States was all in on the kill all the Muslims start the global war on terror
(36:20) there was no anti-war movement in 2002 justin Roando wrote article after article on anti-war.com for three years every Monday every Wednesday and every Friday he destroyed himself writing about this and he was right and he saw it all lay out we didn't have an anti-war movement in the United States the libertarians and the Greens needed to come together he exhorted us come together form a real anti-war core get rid of all the other stuff we need to we need to do this because this is what's happening and they were
(36:55) right what happened we were the minority and we were in the weeds we were in the wilderness until Ron Paul emerged on 2008 and took down Rudy Giuliani took six years worth of what we h what happened in Iraq and everything else or seven years practically in order for that to finally start percolating through the zeitgeist in America and it really didn't reach its full power until Trump won in 2016 took 15 years so for anybody to use the idea that the Israeli people are evil because 85% of them believe in wiping out Ham wiping out the Palestinians after all these years
(37:35) it's not fair because we're all we we we've all and I said this to Alex yesterday i didn't say it calmly we were yelling at each other i said "Alex you lived through the Yugosavian civil war you know how they set everybody against each other with this kind of stuff you know how they do this i lived through it in 9/11 and the Israelis have lived through it here it was a betrayal 107 and at that point if I'm Benjamin Netanyahu I go to everybody in I go to everybody in the in in the Knesset like and everybody's like "Yeah you know what he's the only guy for the job to get
(38:09) this done because he's the only one with the balls he's the only one with the the the the stones he's the only one with enough support." And everybody hates BB in Israel he's pissed everybody off he has no political friends he has no successor he has nothing because he's such a horrible political animal he has betrayed literally everyone inside Israel everyone he's betrayed his um American benefactors he's betrayed his Brit he's betrayed everybody and so when you see Netanyahu from that perspective which is what my friend
(38:45) Hollyy did for me the other day I'm like "Oh yeah it makes perfect sense." Everybody's like "Yeah dude you want to do this you can be the guy to go do this you go to you go attack Iran we wipe our hands of here including Trump." Now what if this was always the plan at some point Israel was going to be used as was going to be turned into the perfect villain so that they can be the scapegoat for destroying Iran and the goal is for Davos to turn that into a massive scop as a means by which to destroy Trump go back to our conversations during the campaign what did I tell you after 107
(39:30) they're the Democrats are going to run on a pro Palestinian platform in order to hang Trump with his pro-Israeli position they didn't do it they saved it and they saved it for this week here we are and they're trying to conflate and you note the five seconds after Trump after Netanyahu's the reports came in that Netanyahu was bombing the out of tan everybody tried to blame Trump for it the propaganda was off the charts in the same way that on 10 by before the bodies were cold in in on on 107 the pro Palestinian propaganda was out
(40:11) in force and all of the anti-semites that had been deplatformed and went into hiding seven years ago eight years ago they were all activated on Twitter they were all active again every bit of them it was all over 4chan it was all they were everywhere dexter White and I have been talking about this for a year and a half cuz he monitors that directly and he was like "Dude I'm seeing 20 30 accounts that I haven't seen they haven't been active for seven years.
(40:40) " And all of a sudden they're out tweeting again they lay dormant waiting big push so the so the goal was turn the Jews into the perfect villain by allowing everybody to finally say "Oh my god these evil Jews and how they destroyed America and everything else into the zeitgeist of an American public that is tired of fight is clearly tired of fighting forever wars for Israel or India or anybody we don't want to fight anybody's war anymore.
(41:13) " Yeah and now do and and now the IC is is trying to get rid of Telsey Gabbard at the same time i mean it's all happening and it's all coming from the same goddamn place and if Iran played along with any of that and the service of those vampires at Davos and Evil Corp Central them they the mullers deserve to get wiped out i have no I I'm I'm sorry i don't give a you no die and I don't care if Netanyahu is the As matter of fact I prefer Netanyahu to do it because they get wiped out the Israelis have already torched their
(41:56) freaking um standing in the world so now it all backfires on them victory and I get my preferred outcome marty ready a tie and a lot of injuries [Laughter] is Bitcoin's next parabolic move already starting two of the strongest historical indicators global M2 liquidity and the copper to gold ratio are flashing green again unchained and techv break it all down in the new report Bitcoin's next parabolic move could liquidity lead the way if you care about the macro forces shaping Bitcoin's trajectory now's the
(42:36) time to pay attention visit unchained.comTFTC to read the full report that's unchained.comTTFTC i'm sitting here I'm sitting here digesting this because I heard completely different theory last night watching or listening to the No Agenda podcast i think Adam and D'vorak did a good job at dissecting it and their their conclusion was like very different but like sort of similar outcome which was it was about China like essentially China's part of this yeah if you if you looked at what's happened in like Syria uh you go back to Libya uh what's
(43:20) happened in Pakistan Afghanistan Iraq it's basically and and and they were bringing back the um the video of that general yeah many years ago and he's like here's the plan we're going to go through Iraq Afghanistan Libya Syria eventually getting Yeah and their thesis was essentially like it's gotten to the point for Trump like he he gave the 60-day basically ultimatum and their thesis was like during that 60 days Trump was going to them basically saying don't do business with China don't fall prey to the belt and road sort of trap that they're trying to set free like do business with
(44:02) us day 61 hits and Trump goes BB do what you want to do and is and like I guess their perspective is like just throw BB out there to do it and like leave Israel out the hang so it wasn't like Davosentric but like us centric and um just trying to digest all it because that that's the thing that I've learned eight years in to trying to dissect all this is like fog of war Israel and so trying to basically come out with a declarative explanation of exactly what's happening is just stupid so this is really interesting thesis that is um
(44:42) counteracting in my mind with the one I heard last night which is pretty convincing as well yeah yeah no I mean look I I get the whole I get the whole um China axis as well that's why I think that it makes sense that you can reframe this that Iran was working is playing everybody against each other to get the maximum benefit and maximum revenge on all of the people who have them over the years by keeping themselves in this position kind of like Erdigan in Turkey that's how Erdigan is like play plays nice with the I just this this is literally popped
(45:19) into my head so I'm not this is not a fully formed thing but what have we said about Erdigan all these years right he he he plays the Russians off of he plays he plays nice with the Russians for a while then he plays nice with the Israelis for a while then he hates the Israelis and then he he threatens Greece and then he sucks up to the Americans and then he tries to get money out of the Europeans and all of this stuff and but in order to carve and effect an independent path and I you know I used to describe this as a seven player game
(45:43) of go and you know you know it's who's got the and it's not black and white stones but there's some purple stones some yellow stones and this one i said "But but but but but Turkey they they have a special power and their special power is they can pick up a black or a white stone whatever they want and put whichever one on the table they want right so they can you know play that game and you know and don't uh you know don't don't hate the player hate the game.
(46:06) " You know what I mean like and um or respect the player not you know in in the game because that's and he plays it well right um and if Iran was doing that and the the Mullins have been doing that because they think that's their only chance of survival fine but at the end of the day again a nuclear weapons strategy where they have enough 60% uranium even if the IAEA report is overstating it in order to make the overwhelming case as to why this was okay for the the Israelis to do this now it's still you know it's still the numbers are just insane and it's
(46:41) enough to make you know freaking 20 bombs i'm like 50 bombs i'm like no like no it's not acceptable we cannot have these it's like I don't want Kim Jong-un to have a nuclear bomb either it's why I prayed that's why I wanted Trump to go over there and and do what needed to be done which was to open up relations with them and then John Bolton destroyed everything you know Don John Bolton threw you know threw everybody under the bus in in in Hanoi right um I want Trump and um Iran to succeed and everybody keeps saying "Well why can't Iran agree to civilian enrichment and Israel give up their nuclear
(47:21) weapons?" I'm like "That's that's the solve." I'm like "I agree how do you get the Israelis to that point after all this time where they've lived under this particular threat with these particular people at this import this moment in time that's going to be a hard cell to the Israelis and it's also going to be an incredibly hard cell to Netanyahu so while I can make the argu So then then the question is as follows the negotiations real or kayfabe this is the ca this is the case and this is where I get really angry because I can tell you that 75% of the people who are dragging me through the mud on
(47:58) Twitter and and other places are saying the same thing trump lied about the negotiations he was negotiating in bad faith he wasn't ever trying he was just buying time for Israel i'm like Israel could have could have pulled this thing off whenever the hell they want to this the plans for this attack have been on the table for three years they have the drone factories they have the the the MSAD guys and in you know with the rocket launchers or whatever they've used to knock out all the air ant anti-aircraft systems like Iran was Iran was defenseless when the planes
(48:28) showed up that's the only I mean if you if you strip out the players and you just look at it as you know a military operation a combined combined arms mil military combined theater military sorry multimodal um this is the word I'm looking for military operation you're like wow it might be it might be one of the greatest things ever pulled off it's like that freaking pager incident where they can they wiped out most of Hezbollah with with cell phones And and anybody who doesn't want to believe that these things happened Hezbollah stood down
(49:06) on Thursday iran put the call out to the axis of resistance and the axis of resistance didn't show up yeah i mean you bring up the beepers too and I think that was uh when BB came to the White House and gave Trump a golden beeper that's why I think like stuff like that feeds into the narrative that like Israel is controlling the US right i know it feeds into that but but the reality is is the following okay Netanyahu I mean Trump is pissed at Netanyahu for what he did over for being the first one to run right up and congratulate Joe Biden for winning yeah while while Trump
(49:48) was still fighting for and that's a big tell that Netanyahu was always working for Davos or City of London big tell but then you know here's another way of looking at this in the mob and these people are all mob bosses what's the one thing that's not tolerated betrayal you can run your little FIFAM as brutally as you want don't betray the family this is your lane this is your area stay in your area yeah and that was Adam and John's sort of thesis last night it's like Trump is finally like I just want to be done with this throw BB to the wolves like yeah
(50:29) well or even better Putin's a mob boss netanyahu's a mob boss trump's a mob boss the Iranians are a mob boss and who never ever ever ever ever ever honors their agreements the British iran no the British the British no the British they always do this or Davos they always do this history is littered with this hell the what's what set up the big revolution was their was their betrayal of the Turks at Gipoly they I'm sorry and they left the and they left the Australians to die i Richard Po's gone over Richard Po's got a unbelievably wellressearched
(51:15) article on this and you look at it and you go and the downstream effects of that is that it's so weak and bizarre that it set up the Bolshevik revolution two years you know it was I'm like this is the way these people think they don't act like men they fight like I hate to say it they fight like women they stab you in the back with with Iran what is the ultimate goal is it regime change to put in people they want or they want the mullas to stay um I think the neocons want and Davos want to have Israel create regime change in order to put
(51:58) their guy in to meet the new boss same as the old boss so that way even if Trump doesn't get involved they still get what they want like they they have to you have to think this through it's like a flowchart to these people how do we get to where we need to go well there's multiple paths and this is how we get there if Netanyahu does not push for regime change that's a way of that's a tell that he's not even working for them anymore that the betrayal argument actually fits so he all he has to do is knock out their
(52:27) nuclear weapons capability wipe out terminally weaken the IRGC dismantle the axes of resistance and then walk away and let a a terminally weakened Iran from that perspective pick up the pieces putin monitors the rest of it everybody knows that Israel can show up tomorrow if they start trying to lob missiles at anybody again got news for you we're going to do the same thing again and they don't have to do anything more than that until they fin until the Iranian people finally decide for themselves who's actually going to lead them because the because the the
(53:07) theocracy is not wellliked but that is true that does not mean that they want the sha to return the grandson of the sha so this is you know and what you'll hear out of the Iranian diaspora is that he's the he's the dude like no that Iranian diaspora is the same people that are working with the freaking city of London and the you know quote unquote the Jews to effect regime change so now play the game out trump is letting everybody hang themselves and what did he say come back to the negotiating table come to me so
(53:45) the other possibility so was it kayfabe or was it real the other side of that is that Trump negotiated a deal it was a good deal it was un unacceptable to the Israelis it was also unacceptable to the city of London and they said "Nope sorry we're going." And Trump's like "Okay I'll defend you but you better pull it off because you're going to give me because Trump and Netanyahu can want Iran to not have a nuclear weapon for different reasons." Trump can just not want them to have nuclear weapons because he wants a
(54:23) denuclearized Middle East netanyahu could want Iran not to have a nuclear weapon to secure Israel's future and to pave the way for his you know his colonial masters to take the country over and break up the bricks and break up and you know create an Iran that could be used as a soft underbelly and point it then at the Russians and break up the international north south transport corridor and break up Belton Road yeah and I I think the other thing that we haven't touched on that is an important piece of context for
(54:55) everything going on right now is the the big meeting in the Middle East only a month ago with the United States and that that tour that went on in Abu Dhabi and the Emirates and Qatar and other parts of the region that everybody came out very confident and uh optimistic after that and less than a month later you have all this right well here how about this trump I thought Trump a achieved more in getting everybody on board with a plan to rebuild the Middle East not along sectarian fake conflicts that were set in motion by the British and the French with Sykes Peacock and Balffor decoration and World War II and
(55:37) all this crap to bring everybody together and say "Okay let's just start let's let's fix let's fix all this we're going to pull our guys out of Syria the the SDF Kurds have made a deal with with HTS in in in in Damascus like it's starting to happen the Saudis are the Saudis want invest want to invest in the United States the UAE the even they've even brought start trying to bring the Qataris in from the cold right and Iran and then everybody said Iran could be a great country again even BB Netanyahu and he never said that before in his statement on Thursday night last
(56:15) week i'm not cherry-picking here i'm bringing it up for people to understand i don't have a good answer about Netanyahu i can I can give you the three five six seven faces of Benjamin Netanyahu and I can tell you that they're all maybe equally probable like I don't have a good read on the guy at this point in this moment what I'm trying to do is get everybody out of their one set narrative that they've been that they've been fed and that even I used to believe i don't believe it anymore i'm now I'm now in a state of flux trying to figure it all out for
(56:46) real not based on what somebody wants me to believe okay and you know like where are we like you know we were there we had a Trump achieved more in 10 days in the Middle East than had been achieved in 10 years in ter in terms of stitching the stitching the world together back together with commerce and trade and peace and all the rest of it honestly one of the most powerful presidential speeches abroad in my lifetime and like something I've honestly as a millennial who grew up with 9/11 the Middle East
(57:24) wars financial crisis like him going there and saying "Hey we're not here to nation build and do this for you you guys are completely competent and able to do it yourself." Like that is a form of like a combination of like humility and statesmanship that you want to see obviously Trump is very brash and abrasive for a lot of people but I think you have to acknowledge that that was a very strong speech and the message that needed to be sent like hey like he wants to do deals we want to do deals you're completely competent to build up your
(57:56) own country like I'm looking around at what you guys have done yourselves like you don't need us and I think that's what they exactly what they want to hear is just that mutual respect of we can do this you guys can do your thing and we can work together like that's what you want to hear i I I agree with you completely i'm glad you brought it back up because I forgot all about it in all of this i I got focused on the deals i forgot about what he actually said and what you said what I mean Marty that's
(58:20) an unbelievably great claim and um it and it and it further underscores or undergurs most of what I'm saying which some of which of course is contradictory because I'm putting out different versions of reality for you to pick one and slot all these bits and pieces into and then you decide for yourself which one is the best version of this we're going to find out in a couple weeks because Trump just set a new deadline you got two weeks to negotiate now come to the table because look what if Netanyahu wasn't lying that Iran negotiates like Zalinski effect come to the table make the same
(58:58) demands that they've always made not actually agree to anything drag everything out drag everything out drag everything out and who who negotiates like that people who believe that their benefactors who are standing behind them have their back and they don't respect the other person on the other side of the negotiating table right that's how Zalinsky is being that's how Zalinsky acts in Ukraine he knows that NATO and he's being told by NATO and Brussels and London just wear them out we're going to get rid of Trump we're going to take care of him and then everything will be
(59:34) fine and then we're going to come in and we're going to help you push out the evil Russians if you even believe that Zilinski is anything other than a puppet if you believe he's even if you believe he's in a Ukrainian national which I don't but let's make the most generous read on him we can possibly come up with and then see if that if the facts fit that read right like no he's clearly working with them and this is their and and this is what their um their plan is and they've cooked it up together and they're executing their strategy which is to do what they always
(1:00:05) do which is to never negotiate first they steal from you and then they negotiate for you to get your back from them that's what they do and from the Russians perspective from a historical perspective everything east of the Deniper is that the Russians actually should have always owned and they're not even willing to negotiate to take to to give them back the that they stole after the Soviet Union fell because the Ukraine the the the borders of the of the Ukraine SSR Soviet Socialist Republic were created by Cruchef in 1954
(1:00:49) okay inside the the inside the federation that was the USSR ukraine plus Crimea was created by those borders were created by Cruchef in the 50s or Stalin one or the other it was never a real version of the country historically speaking if anything that is Ukraine it's the area around Kiev and that's it the rest this is evidenced by Crimeans identifying as Russian everything from Odessa to Sumiagov is pretty much Russian everything around Kiev you could call Ukrainian everything around Labath because I refuse to call Leviv i refuse to Ukrainify any of these things as far as I'm concerned he's
(1:01:36) Vladimir Zalinski because I don't even believe I'm not I'm so freaking over this whole Ukrainianification of the entire goddamn English language because I don't care that's another SCOP like that's just me being a dick by the way um it's Kev yeah it's Kiev by the way and it's Odessa with two S's okay so um it's Lavoth because it's Polish it's trans it's Transcarpathia which is Hungarian it's what i don't know the name of the area that's freaking Romanian there's very little of Ukraine that you could actually call Ukraine
(1:02:15) and okay with the Russians not taking that over i'm actually if I'm Vladimir Putin I don't want to take that over who the hell wants to be ruled who the hell wants to rule those people they hate us but everything east of the dener like the Russians are just claiming their their their territory from their perspective i'm not saying it's you know I'm not saying it's not going to be without conflict and I'm certainly not saying that it's you know that the Russians aren't you know overstating their case everybody engages in propaganda the R the Iranians do it the Russians do it the Israelis do it
(1:02:49) the Davosians do it the Americans do it the British do it everybody does it the best laws have a have a kernel of truth to them yeah and that's why I love talking about you and this is something that anybody listening to this needs to realize is like you're being propagandized by every side and is trying to dissect the propaganda from each direction and figure out exactly what's going on moreover their propaganda has different flavors russian propaganda looks different than American propaganda which looks different than British propaganda
(1:03:19) which looks different than Chinese propaganda which looks different than Iranian propaganda like they have different flavors to them they use different techniques they don't all use the same technique so this is why I when I when people keep coming back to me you's been trying to you two weeks away from a nuclear weapon for 30 years i know it's a stale talking point doesn't mean it's not true partially today right now right right now doesn't mean it's not true go look at the facts dexter White and I you know Dexter White tells me all the time when I start going off halfcock he's like "Dude facts
(1:03:55) matter so I'm going to So then he spends all day like you know looking at all the facts that he can find that are that he can trust that means not the AI generated facts that are out there not this fact you know and then you gota then you got to be looking at like he does like you know or and the way he does it and you're like yeah I I I have to have become an expert in you know the circular error projection of the missiles that are that are being that are being lobbed at each other and the this and that and the how big the payload is and what the and what the range is and and know all of that
(1:04:35) before you can even get well like on the on the Iran two weeks away from nuclear war like everybody likes to call somebody like you're the boy who cried wolf and they say it in the context of like nothing ever happens but like in the parable or the story of the boy you cried wolf he eventually got eaten by a wolf like it actually happened eventually the wolf actually attacks and maybe that's where we are and the parable is you shouldn't cry wolf and this is part of the reason why Netanyahu um has outlived it may have outlived his usefulness to everyone including to
(1:05:11) Trump and then the question is who's zoom and who who's using who and who's using who how I don't have a perfect answer for that and I would I wish I did even if I did have a perfect answer for it here's the truth 75% of the people listening to my voice right now won't believe it anyway because when you've been propagandized too hard doesn't matter how many facts I put in front of you you can't convince somebody who wants to believe something else with facts yeah well bringing this back to facts and based off everything we just discussed over the last hour and really drawing
(1:05:47) back from the beginning of the conversation with the inversion of the short-term rates and wow all the central banks lowering rates like do you think this is like a lastditch effort by the Davos class to really just like send things into pure chaos in hopes that people get so discombobulated they they sort of go the direction that they would like to push the world that's exactly what I think this is i I think now I spent a lot of time with Martin Armstrong and Alex up in Calgary last month and in my conversations with Marty you know
(1:06:31) it became pretty obvious that we're reaching the endgame where the Europeans can continue to play their game of extend and pretend that they're not broke that their economies aren't crushed that Canada is going to continue to be one big beautiful country of you know maple syrup drinking hockey playing you know sorry you know like no like the Canadian I every freaking Albertan that I talked to and I talked to a lot of them were like "This place is done when are we leaving?" Okay so and I know and and I love them for it and I love them for it because I also realize that
(1:07:18) they don't have any illusions left about what's happened to their country they know their country's we Americans still have hold out hope that our country isn't terminally and they're in a much better place to do what needs to be done than we are but here's the difference the difference is America still has a lot to offer itself if it can just get out of its own way and get its own get the traders elements within it out the system may that we currently have may not survive but America can survive the idea of America
(1:07:53) can still survive and morph into something new wiser hopefully more humble but the old system that we've all grown up under that dollar hegemonic you know undead baby of the British Empire which is what we are can go away you know this undead zombie running around like Rambo without a goddamn jockstrap pissing everybody off and destroying brown people for freedom it's It's terrible none of us want that anymore nobody wants it we're all Nobody wants it other than other than Lindsey Graham yeah that it's like how people in
(1:08:45) South Carolina what do I mean it's probably not them there may be some manipulation there but sure get that guy out of office but and that like to your point too first thing on the on the uh conversation of US verse America i mean your Florida Panthers just beat the uh the Oilers again in the Stanley Cup that may be an omen in there in terms of uh dominance over Canada i'm a little sad because I'm actually an Oilers fan at heart and I would like I would like to see McDavid win one i'm just I'm I'm an Oilers fan
(1:09:17) at heart now and uh I've watched them come close now twice but Florida has a Florida has better coaches and better goalending and a better this slightly better team slightly better not much but you know you got to learn to lose before you can win so yeah little divergent hockey talk there but you can feel it like there's a very clear like we're like reaching this precipice where you can see both paths like we devolve into the sort of mismanaged globalist world that we've been living through my whole life at least or you can feel the energy or people just want to go build and move humanity
(1:10:00) forward like I can feel it leveraging the tools and it does feel like we're at that sort of that atomic point where like it explodes and we figure out which way we're going yeah I like to look at it and when I when I do the the chemistry argument I like to look at it as we're just we're getting up we we've run up the energy cliffs that we need to do and the act it's activation energy no matter what happens in a chemical reaction no matter how spontaneous it is or or energetically favorable it is there has to be a period of reorganization where we have a b we have
(1:10:36) this stable we have this compound we have that compound but these two really do want to react with each other and form this compound but to get there there has to be a reorganization this is why Gibs free energy is both enthalpy internal energy and entropy internal disorder right and it's the change in those things that determine whether uh you know delta G change in free energy is equal to delta H change in enalpy minus temperature times the change in entropy delta G is equal to delta H minus T delta S the entropy part of the equation
(1:11:08) that's a gross macro statement about the whether it can happen get to that process to get to the other side of the process there's always a reorganization where bonds have to be broken and then reformed and there's these transition states that happen where the old bonds have to break and then they reform right into something new there's an energy cost to get the that happen you got to put energy into the system generally to get that reorganization and what you're saying is we're right at the cliff of
(1:11:39) that where we hit the top of the activation energy curve and then we fall over and if it's a spontaneous thing it'll go boom some reactions are really quick somehow and sometimes they start slowly but then the energy that they release fuels the reorganization that we've had we work so hard to get until it becomes a runaway train the best reaction I can talk to about that is like the thermite reaction right iron rust plus aluminum metal creates molten iron and aluminum oxide it's a very entropydriven reaction it
(1:12:20) has a huge activation energy but it's so exothermic on the back end that it becomes this it's like a nuclear it's like just like nuclear fision once it starts then it goes right um and that the catalyst to get that thing started there's a number of ways of doing it you can start it all quickly by using a magnesium stick and getting it started magnesium burning with oxygen has a huge amount of energy you can also start it with sodium hydroxide you just pour some lie a lie solution on it and eventually there's enough energy there and it takes a so you can pour it on there and then walk away and you can be
(1:12:56) in the next county before the thing starts you know there's multiple ways of starting that reaction and I think that one of the things that you know what Davos does is to thieve that activation energy to keep us from ever getting to that reorganization that we so all desperately so so want and this Iran Israel perpetual war is one of those ways that we thieve all of our energy cuz we're spending all this energy and all this money and all this time and energy everything else making weapons to keep each other from from keep these two from fighting each other and all the diplomacy and all the aid and all the
(1:13:32) this and all the that that's all freaking waste it's all just tamping down the activation energy to create something new and better wouldn't it be a wonderful world if we can like say you know what we don't need to use any of that stuff to make those weapons anymore we can take all that technology that we used to fight this war that we don't need to fight and all that technology can now be used to build a better world and I can have my flying cars and I can have my this and I can have my that and you know and we can
(1:14:04) move on with a better life and you know and that's why we live in such a fallen world that's why everything that's why it's 2025 and it kind of every day we get up and it still looks like it's 1985 the only difference is like you know the graphics on the on the television screen are better because you know and um and you know the this the signs have been updated at the local fast food joint but we're still eating fat we're still eating crappy fast food our we're still driving the same streets we're still basically driving the same cars
(1:14:40) you know what I mean like nothing's changed like and you got to ask yourself where all that money go it went into serving all of these diversion the these divergences which keep us from being mission you know purpose-built mission focused to make humanity better and you know I'm sorry but I look around the world and I say to myself whose mo is that it's always the same people it's the ones with the colonialist mindset that they're going to take from everybody else for themselves s and you know unfortunately um America's big sin is being sub is was
(1:15:24) was being subsumed into that model by our British and European forebears and you know that's our sin so can we expedate our sin please and we're going to do that by ending this conflict between Israel and Iran do you think we can do it and like the other thing too like if like running with your thesis at Davos and England who's behind this specifically like if you look domestically at England it's not looking great either like that's devolving there yeah it's Brit no don't use the word England my friend Ian
(1:15:59) Berlingame has to remind me that you use the term British to describe the traders to the to to English to English society and England is the thing that's been left behind what he very rightly points out is that look the English gave us the Magna Carta the English destroyed the monarchy and the feudal system we are the inheritors in America of English of the gifts of of the of of of the Englishmen who created all these things created that first technological level up like it's like the code of Hamarabi then the code Magna Carta then the constitution
(1:16:39) in terms of our influence on the evolution of a of of human organizational principles we learned a lot of stuff from the Native Americans we took what the what was in the Magna Carta and from English society we melded it openly melded it with what we saw from the Native Americans and created the Constitution and of course the people who are still wedded to the old feudal belief systems that there should be an overclass of lords that has every right to rule over humanity why wouldn't they be trying to
(1:17:11) do everything they can to destroy the one set of colonies that got away and created the system that repudiates their system at the at the philosophical level why do you think they hate us so much Marty it's because of that because every day that America exists and and and proves their system is is another day that they can't rule the world and we have the opportunity they have to destroy America the idea not just America the country they have to prove to humanity that free markets don't work that individualism doesn't work or some form
(1:17:53) of individualism whatever that may be and you know I used to be a hyper individualist i'm not really sure what the I am anymore and you know I I don't care i I'll figure out what I am on the other side of this crisis period i still want to be that person but I don't know that I can be that person and the you know and and I think you know it's the same thing that you know every time you and I have this conversation we get into like the the the philosophy of Bitcoin and decentralization and all of these things
(1:18:22) i just I remind the older I get the more I want to caution people about being wedded to any one particular version of the future because you know as a as humans we may not be ready for that what your version of the future as opposed to the one that's going to show up you know we may be wrong and what we want to do is we want to define ourselves as to what we believe in as opposed to what we oppose and keep it keep ourselves philosophically focused on our ethos what is who we are because again going back to the Greeks
(1:18:58) if you have an ethos then you have the ability to have a tilos part of the problem that I think personally that the libertarians have had is that they've always defined themselves as to what they're not they're not Keynesians they're not they're not collectivists they're not this they try are trying to say they believe in individualism but have they have they really defined that as okay how do you build something from that how do you turn that philosophy into something that's real how do you turn that how do you make that statement that
(1:19:31) says I am this and therefore because of this I am going to build that i I'm not against that idea i think that is where I think that's exactly what libertarians are trying or libertarianism at its core is that's where I went and you know what I found most libertarians don't believe in that most libertarians just have oppositional defiance disorder [Laughter] and they don't know how to they don't know how to navigate the real world and that they purely spiral into saying I have to be this hyper individualist as opposed to being my goal is to minimize
(1:20:08) suffering not eliminate it minimize it yeah now to um to reporting about Bitcoin and Bitcoiner I think that's actually something I'm very happy that has materialized in the last three to four years specifically is like this idea like I think you're right for the longest time it was the state and our capitalists like let's just go build something in parallel and people will adopt it but I think with the attacks from the Biden administration funnily enough like the industry got to a point where it's like hey you may not care
(1:20:42) about political power but it cares about you and if you if you understand that uh you got to pull your pants up put your boots on and get in the war because like you got to live in a world with a certain reality you may think it's got to be this way but it it operates this way and with that in mind like engage well yeah and well nothing again it's exactly what I was saying about the Fed about this i again I've always said the same thing you keep your goal on the horizon you don't have to achieve your goal by linearly moving in that direction you
(1:21:20) can make alliances with other people i invoke Justin Aroundo trying to get the bring the anti the real true anti-war elements of American society to come together as a political force after 9/11 to counteract what the neocons were doing and he failed miserably he was right rockwell was right the whole of that that group of people they were completely right and they couldn't do it you want to know why because the Greens were never individuals they were never anti-war they were always fake anti-war they were just commies and commi and
(1:21:52) they were really just troskyites and troskyites are the sect of communism that believes in perpetual war for for for perpetual revolution guess what so were the neocons and so the greens and the neo so why do you think German greens morphed into neocons on foreign policy they always were war bombers maybe because they were always a construct of the city of London who was promulgating the that who were who were seating that into the zeicist the entire time and when you go back over it and you start really going back over the history of all these political movements since common turn you come to some very
(1:22:27) startling um conclusions about how the IC with you know art and music and this and that and everything else the media all of it in order and it's not just the Jews it's actually even worse than that it's I just don't it's it's actually everybody who just wants power and that sad part is that modern communists don't realize that they're the useful idiots for the very people that they think they're trying to fight and the libertarians are purity spiraling into the same position and I'm just like I'm over it i don't care i'm
(1:23:01) not interested i want to win well yeah it's not productive and you got to want to win you got to whether you like it or not the game exists the players are on the board and you got to operate within that system right and sometimes with that in mind sometimes you might have to make a deal with a dragon in order to get to where you need to go which is what I told the Mises Institute back in October and I was laugh and I was I was run out of the room on a rail and called a clown and they refused to they refused to publish a speech so suck it at Tom Dorenzo i'm winning you're losing but that's okay
(1:23:31) have a nice day well in that mind I'm winning like ultimately winning it seems I don't know if it's clear but many people are making out to be that like the next this summer is critical in terms of how we thread the needle to get on the other side i agree i agree what are what are what are your thoughts there like ultimately what would be an ideal scenario or a progression of events between now and Labor Day that would get us to the other side allow America to rip yeah so an ideal progression of events is that's the easy one that's the one i I love that one i don't think we're going to
(1:24:08) get there but that's the easy one um it's Iran comes to the table makes a deal and repudiates Davos right and then forces the Israelis to back down and go "Okay well mission accomplished you stopped them from getting a nuclear weapon you're good to go but oh by the way Israel you now no longer have your Kazis Belli so you don't need to be pursuing things the way you have in the past you've been betrayed by your masters or you tried to or you tried to do their bidding however you want to put it we're going to kill those guys we're in the process of
(1:24:38) killing those guys in the financial markets right now we're going to start destroying them we're going to start we're going to see all the the the frameworks for an for a sovereign debt crisis to um emerge in Europe and which is going to turn into a political crisis next year this is the Martin Armstrong timeline i think that's on the table the the uh the budget res uh reconciliation the big beautiful budget reconciliation bill passes through the Senate basically back to the House for any small changes it gets through trump no longer needs his Trump no longer needs
(1:25:09) Congress where he has a very thin majority he's able to claim victory that hey we had a war everybody thought it was going to be a forever war i got it done in two weeks and a few only a few people died as opposed to hundreds of millions and we're on the path to peace and Putin agrees with that putin and the Russians do what they need to do in in Ukraine if Davos starts to collapse if if if Europe really starts to collapse and there's a run on the pound and there's a run on the euro and all that stuff then Zilinsk's support in in Kiev will will collapse he'll be
(1:25:48) killed and the Ukrainians will come to the table and the Russians will um um negotiate a very uncomfortable peace um and uh by the fall by Labor Day you know the stock market will have to deal with a lot of churn and and whatnot but by Labor Day Scott Bent's out there rolling out um you know Scott Bent and Bill Py are rolling Fanny and Freddy out of conservatorship relisting them doing all that all that work and then we can start fixing the American housing market the um and everything else and the American middle class can ex can monetize and extract their equity from
(1:26:28) their homes in order to really jumpst start the economy interest rates fall how cuts to 3% and Trump can start the golden age process that's the optimal outcome it's not going to be without its ticups it's not going to be without its crisis if there's a sovereign debt crisis in Europe and that starts to un unwind sure are are we going to have banks fail in the United States is the Fed going to have to come in and and provide temporary liquidity and whatnot as they're supposed to as is their freaking
(1:26:58) job whether you like it or not it's not QE zero hedge get the over yourself is the Fed doing their job as opposed to all the that they used to do where they were doing Davos's job no and we've already watched Mark Carney and and and others execute one of the most vicious financial attacks that I have seen in my lifetime and it was over in 4 days sofa what was that sofer the the the tariff tantrum back in April mhm just that they were attacking the sofa strip they weren't they weren't doing like the basis trade that everybody was talking about and I think I might have my first version of this was that it was actually
(1:27:41) they were attacking what's known as the sofa strip like from the the sofa futures curve from like six months out to three years and basically it's a basis trade in that but they were attacking sofur the sofur futures market and within 5 days it was over because they ran out of money was actually on a podcast earlier today with a Canadian Quebec yeah and he was he was saying like the Canadian government has something like 50 billion Canadian dollars on its balance like it has no reserves like it sold off all its gold it's No they have they have 350 billion worth of worth of US treasuries that's all they have
(1:28:26) yeah they have nothing and they sold 14% of them in April now they're going to have to and what was the net effect of this Marty this is the dumbest play imaginable the net effect was Trump still put the tariffs on all these currencies went up by 15 10 to 15% you know what that did it just made the tariffs twice as expensive okay and they didn't get the so and and they didn't get on the the Fed to come in and have to go back to the zero bound the Fed's still holding interest rates at four and a half% like it's it as big a red ass beatd down as what Israel put
(1:29:04) on Iran on Thursday well that's that begs the question i go back to what I said in the beginning about Trump and his positioning towards PAL like why like is that K FOB i think so i think I think Trump is setting up for a much different Federal Reserve chair next year when Powell's term ends one of the things I was I was chatting with a guy earlier today i did a shorter interview this morning with somebody this afternoon um with someone I had never spoken to before so we had a we kept it short um not because not for any other reason that he knew I was really
(1:29:41) tired i've done a lot of interviews this week and I've been do I put in like four straight 17 hour days and I'm exhausted man i'm I'm not going to lie but what I came what came out of that to remind him I said look if you look at Powell Bessant and Trump what do you hear under the Maggie guys all the time the kind of orange Jesus talk about he didn't have to do this he's put his family's honor on the line and all of his money and this that and he's sacrificing for his own country right it's a and I'm not arguing that that that he didn't do that he did do that and I appreciate that he did that and I
(1:30:17) still appreciate that he's attempting to do the right thing even if he makes some mistakes here and there I'm on board i'm loyal to Trump at this point because I What else have I got scott Bessant you could argue very carefully you can argue very easily scott Besson had billions of dollars he could be sitting on his private island you know doing whatever he wants to do he doesn't He made all of his money in the world he doesn't need to go do this he doesn't need to go walk into Washington DC and run the Treasury
(1:30:47) Department to to fix this mess that Janet Yellen created and change the country no he's decided to put his own personal his retirement this is part of his legacy you can make the same argument about Jerome Powell daniel D martino Booth absolutely did all through 2021 and 2022 saying Powell doesn't need this he'd go back to private equity and make billions of dollars if he wanted to knowing full well that that L brainer would have taken over send us back to the zero bound i got news for you jerome Powell could have made as much money as he absolutely wanted to more than you could ever imagine he
(1:31:21) could have wanted to if those those conditions existed and yet here he is slogging away as the Fed chair getting getting from everybody the whipping boy the whipping boy for everyone and executing the most powerful needle thread in monetary history they're all the same guy it's all the same story like focusing on PAL too cuz you've candidly convinced me over the last two years having these conversations about what's going on at the Fed that like I've again you've said it too like not a big fan of the Federal Reserve but if you're again working within the confines of a game set before you think he's
(1:32:02) handling it pretty well and I'm just curious like was Vulkar a hero when because everybody like everybody hearkens back to Vulkar as like the supreme example of the Fed chair that you want to be remembered as like was he liked at all when he was doing um I would actually argue now understanding the game that I do now the way I do now that what Vulkar did by creating by setting by doing what he did he had to do it but by doing what he did he actually gave us the libore standard that nearly destroyed the country
(1:32:41) interesting because he raises interest rates into 1988 we get the nasty recession by 1983 we're coming out of it 1984 Live is instantiated around the world as the debt indexing rate of the of the of the the new dollar reserve system then we get the G5 and the posit 1985 setting um setting the the currency bands and then they hand it off to Alan Greenspan who everybody now did Vulkar you know was Vulkar working for the US at that point or was he working for the group that was transferring power from the Bank of Eng
(1:33:23) that's a good question and so I'm not I'm not you know you it's a good actually Marty it's a phenomenal question because I actually hadn't considered Vulkar from that perspective that I just laid out for you until you asked the question because I'd never actually thought of Vulkar that way i'm like "Oh right it makes perfect sense that Vulkar then has to fix the you know I I I had been saying I've said before I'm like in 1971 the dollar reserve standard was birthed but it didn't you know achieve maturity until after Bulker fixed everything
(1:34:04) fixed all the the the excesses of the Vietnam War and Bretton Woods so yeah it's a good question i'm not saying it's true you can argue with me about it i'll be happy to have a an a classic argument not a not a debate or a throwdown or any of that but an honest to god argument in classical sense of the word argument without any negative connotations yeah we need more arguments in the Bitcoin space we have a lot of meetups are called Socratic seminars you have a Socratic um distillation of of current events which is excellent try to more Socrates
(1:34:50) more Socrates yeah no it's it's it's fascinating i mean for I mean the last two conversations before this one very optimistic are you more worried now than you were last fall beginning of this year this is very dangerous where we are right now trump could easily make a mistake he has deficits as a He has personality deficits that they're trying to use against him to get him to make an unforced error bombing Foro is an unforced error because Fordo at this point should be dismantled by ground troops the play the place should be filled with cement
(1:35:39) is what we should do with it but we shouldn't bomb it you have no fallout no fallout but yeah well I I I don't think that I'm not worried about it's so far underground i'm not worried about radiation or this i'm talking about making sure that it never comes back because all of those we can't just bomb the front door and then we can then six months later somebody goes in pulls out all the rubble grabs all the centrifuges and starts this thing all over again no this has to be a permanent solution and I worry that Trump would use you know a
(1:36:08) bunch of bunk bunker busters and B2s to go in there and you know drop the MOABs and do the thing and because he likes that because it's grandiose and it's a big gesture and it's a shock and awe it's the same thing that Truman did when he dropped the bomb it would be the same equivalent of the same mistake Truman made when he was he was coerced by not coerced but convinced by the British to drop the atom bomb on Hiroshima and Nagasaki which are um war crimes that we will never ever ever as Americans be able to live down
(1:36:46) that was a mistake it was unnecessary it was unnecessary the Japanese wanted to surrender they just needed the safe face because it's an Asian culture and Truman made a huge mistake so I'm hoping that Trump doesn't make that mistake i am absolutely hoping for it i would rather I would rather commit troops on the ground as an American to helping the Israelis wipe out for then bring in the B2s it's just that simple i I mean and I and I say that with all the all the requisite reservations that's how much I do not want Iran to have the ability to spin up a nuclear weapon for all the things that I've
(1:37:36) talked about tonight because of all the fungibility and all the levers of all the the the the fulcra of power that that enables that I just that you know all the things I talked about in this podcast that thing that as a project is too much i don't want Israel to get away either i'm hoping that the reports I saw that Iran bombed Deona are true i don't want the Israelis to have this as well i don't I don't want them i want India and Pakistan to sign the NPT i want if Israel isn't didn't if we if Iran didn't get the MON
(1:38:16) I want Israel to sign the goddamn MPT like one of the things that people forget about all of this is that nuclear weapons are really expensive to maintain the warheads degrade because the uranium half-life the hydrogen and brittlement of all the uh and the neutron embritment of all the casings all that stuff has to it's on there are very specific maintenance schedule refresh refresh schedule and you know you have to you have to wonder just how much money that costs Israel which is a very small country right how much it's costing
(1:38:48) Pakistan who's paying for all that are we paying for it are we paying for Pakistan's nuclear arsenal is India are we paying for India's are we paying for you know are we paying for Israel what if Trump says I'm not paying for any of that anymore and then all those nuclear programs just degrade as a matter of literally disapp they degrade as a matter of depreciation you know with the halfife of uranium 238 What uh you know this better than I but can you turn Can you turn uh weapons grade uranium into energy yes yes absolutely so the reason why the uranium
(1:39:29) market was so suppressed for years was because the Russians were good as their word and that they dismantled hundreds and hundreds of nuclear bombs the ones they got from Ukraine they dismantled they were then mixed down that fuel was then mixed down turned into what are called single work units that's how nuclear energy is you know it's how that's that's the unit they use the the normal the normalized Yes so you mix it down and then you send it off as nuclear fuel there was this huge stockpile of uranium
(1:40:07) that was had to be sold off that lasted until around 2018 because the Russians had run out of stuff to to mix down you know me you know me i'm always going to tie it back to Bitcoin mhm bitcoin ties into denuclearization shout out to Ela who wrote this blog post like seven years ago now at this point the way you guarantee denuclearization is you degrade it to energy an energy use case and then you plug in Bitcoin miners and you prove via the Bitcoin mining hash rate going up that you are denuclearizing in real time and you pro and you prove it yeah yeah yeah and you prove it that's that's beautiful dude
(1:40:48) it's it's it's excellent i And you store and and each country begins to accumulate Bitcoin yeah i mean on top of everything else they're accumulating Bitcoin we're doing the thing we're we're we're turning we're turning all of this we're turning all of this wasted energy this stuff I talked about earlier this wasted crap and we turn that waste into something into tokenized money that we can use and and you know and we and then we can use it to build beautiful things with we can use it to rebuild society and civilization as opposed to the feral
(1:41:25) state that we've been reduced to for these i I think I think we just solved the world's problems there hopefully we get this in the hands of Trump while while I was thinking too I can't wait for the day i know it's going to happen i'm going to manifest this for you when Jerome Pal is finally uh relieved from the duties at the Federal Reserve you two sit down have a cigar and talk about everything i'm uh I'm envisioning and manifesting that in my head cuz I just want to talk to you off the record to to learn about that conversation so the
(1:41:57) funny part about that is that I will invoke the Graham Morrison and tell you to do your chaos magic and draw and write that out as a sigil and then you know send it out into the world yeah we're going to do that now i'm uh I can hear my wife who's in her third trimester uh banging on the door saying it's time for dinner so absolutely congratulations Marty i hope that that we don't if we don't speak between now and the time when your next child is born 21011 eyes fingers toes like the the old Adams family joke right so the uh it's always a pleasure sir it's
(1:42:34) always a great way to end the week and hopefully we can do it again by the end of the summer hopefully things have absolutely gotten better more clarity but thank you for spending the end of your week with me sir i appreciate it thank you for the opportunity as always enjoy all right peace and love freaks freaks thank you for listening to the show i hope you liked it if you did like it please make sure you subscribe rate review the show it helps us out a lot and also if you like these conversations I've come to realize that many people
(1:43:01) listen to the podcast they don't know we have another sort of layer of this media company we have the newsletter the Bitcoin Brief go to tftc.io make sure you subscribe there a lot of the topics that are discussed on this podcast I write about 5 days a week in the newsletter we also have the TFTC elite tier if you sign up for that become a member we have a private Discord server for the elite freaks out there where we're dropping adree versions of this show and having discussions about everything we talk about a day early
(1:43:38) logan wanted me to make sure if you want to get the show a day early become a TFTC Elite member you will get that we have our Discord server right now this conversation between myself and TFTC elite tier members but we're going to expand that we'll probably do close Q&As with people in the industry uh I may be doing macro Mondays so join us go to tftc.
(1:44:06) io subscribe find the button in the top right corner of the website become a TFTC Elite member thank you for joining us

Spread the signal,
earn Bitcoin.

Get your unique referral link when you subscribe.

Learn more →