Latest / UK Column Radio / Simon Roche on BRICS, the Weakening Petrodollar, and South African Steaks | Jerm Warfare

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Simon Roche on BRICS, the Weakening Petrodollar, and South African Steaks | Jerm Warfare · UK Column Radio

0:35
I actually remember. I actually remember that whole
0:38
what was that thing where everything was going to reset
0:41
from 1999 to 2000? What did they call that?
0:45
That Y2. K Button.
0:46
Yes, yeah, yeah, yeah. And nothing happened.
0:51
The whole world went crazy. Like aeroplanes must be
0:53
grounded, computers must be backed up.
0:57
Nothing happened. Yeah, but I think it is going to
1:01
happen this year, Jeremy. It looks to me as if they're
1:04
getting it right to do their, you know, as they put it,
1:08
breaking the neck of humanity in the year of the horse.
1:13
I we're in for hijinks this year.
1:15
It certainly looks as if it's being set up.
1:18
No, I've got sons, I've got children, so I'm not eager for
1:22
this stuff to happen. I know some Saitlanders who are,
1:26
you know, some people who believe like I do in, in time
1:30
sorts of events and preparing and survivalism and the related
1:34
stuff. I'm not one of those people
1:36
who's eager for it. I'm committed to this cause
1:39
because I can see the inevitability of it.
1:42
I can see the trajectory. But I must tell you as a father,
1:49
I'm really not keen on what I can see evolving at the moment,
1:55
You know, in the, the bond market, the stock market, the
1:58
debt and Donald Trump's 1 1/2 trillion dollar military budget.
2:04
The events in Venezuela and now the positioning for a massive
2:10
strike on Iran. And that's not to mention a
2:13
number of other things that people might feel are but
2:16
speculative. So I won't mention them, but I
2:18
can certainly see them evolving. And I'd I'd read it, I
2:23
absolutely read it. Well, Slava Polygon is
2:27
effectively a World Economic Forum collaboration in which
2:32
they call it a an Internet fragility exercise where where
2:40
they try and basically break the Internet.
2:44
But I mean, it sounds good on the on the outside, but I don't
2:48
think it's a good thing at all because I didn't trust the World
2:53
Economic Forum. Yeah, I think, Jeremy, the thing
2:58
with which people struggle is the notion of self hatred and
3:02
the notion of hating your own ethnicity and and so on.
3:08
And therefore they can't comprehend the idea of self
3:13
destruction and suicide and and that sort of thing.
3:16
You know, but people say, but why would they do that?
3:20
It would just be cutting off your nose to spite your face or
3:23
shooting yourself in the foot. The World Economic Forum is
3:28
devoted to the destruction of of our civilization, just as Kia
3:35
Starmer is devoted to the destruction of of Great Britain.
3:43
The World Economic Forum is a force for very, very, very bad
3:47
things. Fortunately now with the Epstein
3:50
files, many observers and commentators are being forced to
3:58
confront the idea of evil. Whereas in years gone by, they
4:05
might have been the same people who would have said, I think
4:08
that everybody has goodness inside of them.
4:11
I think that everybody is inherently good, and I think
4:14
that it's wrong of you to be so judgmental.
4:19
The reality is that some people are inherently bad, and anybody
4:23
who has a lot to do with animals, as I do, knows that the
4:29
idea of the bad seed is a real thing.
4:32
It's just some creatures are born wicked.
4:37
The, the, the DNA is not as sound as you and I might like it
4:44
to be. And people like Jeffrey Epstein
4:49
and Leslie Wexner and Donald Trump and the rest are just
4:54
inherently very, very bad people who are past masters at, at
5:00
getting getting their personalities or their natures
5:05
past, past other people. You know, And some people will
5:11
fall for it every single time. If you talk about a cyber
5:16
Polygon bringing down the, the world, potentially the Internet,
5:20
which would be the, the world, because it would, it would bring
5:24
down the ability to transact. It would bring down the ability
5:28
to, to draw cash and to use a card.
5:32
Otherwise, you know, if you weren't using cash, everything
5:38
would go to to hell immediately. I mean, if you consider how many
5:46
water treatment facilities in the world are driven by computer
5:51
there, there was a story from a couple of years ago.
5:55
It was mainstream media story, I forget who.
5:58
I want to say CBS, but I can't be certain, in which they went
6:04
to a little town in New Hampshire, I believe a town of
6:10
few people, you know a few thousand, and they interviewed
6:15
the head of the utilities of that town about an FBI uncovery
6:26
uncovering of a Chinese hacking of the water treatment plant.
6:36
The the FBI had they told him that they had uncovered more
6:40
than 200 such instances across the USA.
6:44
Apparently in the event of a conflict between the USA and
6:47
China, China would kill off much of the US population by
6:53
obviously hacking, causing these water treatment plants across
6:57
the USA to mix the ingredients incorrectly.
7:01
And you know, chlorine and fluoride and hexathane are
7:06
terrible, terrible, terrible things.
7:10
So there was just bomb extra of this stuff in, in the water
7:13
overnight. And next morning everybody would
7:15
wake up and, you know, have a drink of water as I do first
7:18
thing in the morning or make a cup of coffee.
7:20
And and 3/4 of the town would be dead before 7:00 in the morning,
7:25
which is reminiscent of the what is the name Amaryllis?
7:29
Fox interview by Tucker Carlson in which she said when she was
7:34
ACIA operator, they uncovered, I believe in 2014, a three day
7:43
exercise by North Korea in which on the first day North Korea
7:48
passed a satellite over the eastern seaboard of the USA.
7:54
And they calculated that it's only purpose given the
7:57
trajectory could have been to rehearse an EMP attack on the
8:02
entire eastern seaboard of the USA.
8:05
The next day, a major electrical plant.
8:10
I'm not sure what is quite the the correct word.
8:12
It's not a generation facility, but it's like a big transmission
8:19
facility. Huge one in California was
8:22
attacked by ninjas, you know, guys dressed in black leaping
8:25
over, leaping over fences and so on and disconnecting the the
8:35
CCTV cameras, etcetera, etcetera, etcetera.
8:37
And they neutralised this, this enormous electricity plant very
8:40
severely. And for some time that the
8:45
residents of the nearby city didn't have electricity.
8:47
And then about 14 days later, if I remember correctly, they
8:52
uncovered that on day three, the following had happened.
8:55
So there was a delay before they worked it out, but a disguised
9:01
vessel, North Korean vessel birthed in a big port on the
9:07
western seaboard, the Pacific seaboard of the USA.
9:11
And then the the crew did a runner.
9:15
And by the time that the port captain sent somebody to
9:19
investigate why they, they hadn't left as they were mental,
9:23
they weren't paying extra birthing fees, they disappeared.
9:28
And so they opened the ship up and in the hold was a series of
9:34
missiles positioned to, to strike various cities and, and
9:42
strategic infrastructure. So I just, when you spoke about
9:45
the cyber Polygon, those thoughts came to mind, just how
9:49
vulnerable society is to that thing that you mentioned.
9:55
There's a subtle segue in what you're talking about there to a
9:58
very brief discussion you and I had earlier this morning.
10:02
So I sent you a message saying that I think that BRICS is a
10:05
sham. Now, China is part of BRICS, and
10:08
so are we here in South Africa. We're part of BRICS, and you
10:12
disagreed. So tell me why?
10:18
BRICS hasn't been the overnight spectacular success that some
10:24
people feared it might be or hoped that it would be,
10:28
depending on your perspective. That's true.
10:30
However, I think that the reason I I didn't research this before
10:36
coming on, but I think that there are now 42 countries that
10:38
are either members or have applied for membership and are
10:42
hoping to be accepted at the end of this year.
10:45
And the reason there's been such a rush, in spite of U.S.
10:48
sanctions and bullying and what have you, is because they are
10:52
perceiving what success there is.
10:55
And at a fundamental level, they have been able to organise a
10:59
block that is doing some pretty special things.
11:04
For instance, Saudi Arabia, the Chinese recently built 2 bullion
11:12
vaults, one in Hong Kong and one in Saudi Arabia or the one in
11:18
Hong Kong is for receiving bullion in return for goods
11:22
produced in China. The one in Saudi Arabia is for
11:25
the Chinese to deposit bullion safely in the hands of the Saudi
11:30
Arabians in return for oil. And they've just done a
11:33
transaction in which I believe 60% of the deal was not done in
11:39
currency. It was done in, in gold.
11:43
The, the Indians have recently passed the law very, very
11:49
recently whereby people, banks are compelled to accept silver
11:55
as collateral for loans. So in in one move, silver has
12:00
become money again. It has a proxy, which is
12:02
currency. But in the minds of all of the
12:06
people of the world's largest population, silver is now
12:11
understood to be money. I can deposit silver at a bank,
12:15
I get currency in return, I buy a little motorbike and I become
12:19
a, you know, a motor taxi driver.
12:22
And then best of all, at the end of it, I get the silver back.
12:27
So I give the bank some little bits of paper every month until
12:32
that silver is redeemed by that paper and then I get my hard
12:36
asset money back. And that illustrates the idea
12:41
that, as I said to you, the way I see it is an obese man with
12:45
skinny legs and bad joints is not difficult to trip up because
12:50
his centre of balance, centre of gravity and his his sense of
12:54
balance are all warped by having weak legs and an enormous torso.
13:02
Likewise the dollar. The dollar, for all of its good
13:07
qualities, has become very, very bloated and it is propped up by
13:16
a very delicate system. That system is, for instance,
13:26
the the, the Petro dollar. In one fell swoop, there is no
13:30
more Petro dollar. Every other country in the world
13:33
now is trying to find ways to emulate China and to give Saudi
13:38
Arabia something other than dollars that they have to
13:41
purchase on the open market. Likewise on At the end of Last
13:47
week, the Chinese government issued a notice to all banks in
13:52
which they advised them to cease buying U.S.
13:55
Treasury bonds, in other words, U.S. debt.
13:59
Three Mondays ago, the the yield on the bonds are issued through
14:05
sort of an auction process. So if the United Kingdom, which
14:09
calls its bonds guilts, wishes to raise money as every country
14:14
in the world has to, because every country in the world is,
14:16
is spending more than it's it's receiving.
14:19
That is to say at the national level.
14:23
Then the USA goes, I mean the United Kingdom goes to the
14:26
market and says we're trying to raise a billion pounds, we'll
14:31
give you half a percent let's say if you will buy this debt
14:36
from us, These bonds. What happened in Japan was that
14:41
the market declined to purchase 40 year long term bonds at the
14:47
the going rate, which, which was 0.8% and in one day they pushed
14:53
the rate up to 4.2%. That would be as if I grew it.
14:57
I'm 5 foot 10 inches. If I grew to 20 or 25 feet tall,
15:02
I'd be by very, very far the tallest man in the world.
15:05
And I'd be half as tall as the, the maritime pine trees that
15:09
grow on my farmstead, the farmstead that I occupy.
15:13
I don't own it. It, it, it was a phenomenal,
15:18
phenomenal, phenomenal thing. So what we're seeing is that the
15:21
Western system is being corroded through some sort of a
15:26
coordinated effort between key members of BRICS.
15:30
It is true that the South African contribution is
15:33
absolutely shambolic. It's embarrassing and the
15:37
Russians and the Chinese know it.
15:38
And if you engage the right people in conversation, senior
15:42
serious people now, they will begrudgingly admit it.
15:48
BRICS is not some spectacular overnight success, but it is
15:52
smashing that the Nexus of Western finance and economics
15:59
and trade in very, very, very meaningful ways.
16:03
The Petro dollar story cannot be overstated.
16:07
And we're seeing it in the US bond markets and we're seeing it
16:11
in the devaluation of the dollar and we're seeing it in the in
16:14
the gold and silver price moves. And people, you know, then
16:17
there's a pullback. And we, we have all of the data
16:20
to show to prove conclusively that the pullback was engineered
16:25
entirely by JP Morgan using millions of bots and quants.
16:29
There's absolutely no disputing it.
16:32
But the man on the street sees it as a surge that that went
16:36
wrong. What the man on the street is
16:38
not thinking about is that the Comex is not a stood for
16:42
delivery market and the the LBMA, the London equivalent is,
16:47
is like a financial it's for backing things.
16:51
It's for it's for very serious financial moves that the gold
16:55
and silver markets in the LBMA. The Shanghai market though is a
17:01
stood for delivery market. It's purpose is to buy silver
17:07
and sell silver that is then used for a purpose as opposed
17:13
to, you know, rich, clever people, banks and so on.
17:18
In New York, playing on the Chicago Mercantile exchanges,
17:23
commercial mental exchange. So, you know, the bifurcation is
17:29
so severe that the last time I looked at the Shanghai price, it
17:32
was $123. It might have pulled back a
17:34
little bit now, but we know that there's a this year there will
17:39
be 1.3, 1.3 billion ounces of silver required for
17:45
manufacturing, only 1.3 billion. We know that this year mines
17:54
around the world will produce about 800 million oz, and they
18:00
can't produce more because that's not how silver mining
18:03
works. It's a byproduct of much bigger
18:05
mining endeavours. So nobody's going to ramp up a
18:11
billion dollar a year copper mine in Zambia or Zaire for the
18:17
sake of $200,000 of silver that is produced as a byproduct
18:23
copper, lead or zinc mine with the result.
18:28
Sorry, go on. I'll end with this with the
18:31
result that we know for absolute certainty that there will be a
18:35
500 million oz shortage of silver this year.
18:39
And you can see if you look closely, the degree to which the
18:44
Chinese and the Russians are very, they're playing a kind of
18:47
a Tai chi or, or judo type thing in this this battle.
18:52
It's very subtle, it's very unaggressive, it's very tested
18:59
and receptive, but it is working very well to smash the Western
19:06
system in in the face. And I've put it to you that by
19:09
the end of this year there, there will be nobody who says,
19:13
I'm not too sure about bricks whether it's working or not.
19:17
What is playing out now, what has been playing out since, call
19:20
it October for the sake of a number, when the the Indians
19:23
took delivery of a phenomenal amount of silver from the Comex,
19:27
which there's not supposed to be delivery on the Comex.
19:31
What's playing out now is the almost the birth pangs of a very
19:37
great crisis that is being largely engineered by the three
19:41
senior members of BRICS, that is to say, Russia, India and China.
19:45
Jeremy. In principle, I like BRICS.
19:49
I'm kind of agnostic, if I'm being honest, because I don't
19:53
like the the unification of countries.
19:56
I mean, look at what happened to the EU.
20:00
It's become a totalitarian authority over, you know, over
20:04
the sovereignty of multiple European countries.
20:07
And the African Union, for example, could become that.
20:11
And I'm, you know, intrinsically opposed to that.
20:14
I suppose BRICS is different in that it's more of an idea and it
20:19
is more of an opposition to Western hegemony, which I think
20:23
is a good thing. I mean, you can see this already
20:25
happening, Simon. You've got these bilateral trade
20:30
agreements happening within big countries.
20:33
I think China and Russia trade not with the US dollar, but I
20:37
think with, with, with rupauls and with Yan, as well as India
20:45
and Russia trading with rupees and, and rupauls.
20:50
They're not using the US dollar much anymore.
20:52
So that mean that is a good thing, because what it does is
20:55
that it creates competition from from within the global economy.
21:07
Yeah, absolutely. And you know, the the just to
21:12
elaborate on what I was saying and on what you're saying too.
21:17
One of the implications of what you're saying, people keep
21:20
yapping about the 38 trillion U.S. debt.
21:24
The federal debt of the USA is $40 trillion because we're in
21:28
the middle of a budget cycle that began in September that had
21:32
$2 trillion of debt baked into it.
21:35
So it's de facto $40 trillion. The annual U.S.
21:40
Federal receipts are about four and a half trillion dollars.
21:45
Last year's budget was a little over 6 1/2 trillion dollars.
21:49
So baked into this budget cycle is another $2 trillion of debt.
21:54
On top of that, in 2024, just after Donald Trump had won the
21:59
elections spectacularly to to those who observe such things,
22:03
like myself, unbelievably, incredibly, the Biden
22:07
administration granted him a a a fantastic gift.
22:12
The US budget cycle is works from September, but the US
22:17
defence budget within the the the overall budget within the
22:23
the budget. The the defence budget works
22:25
January to December. So every December they they
22:31
wrangle over the next year's budget and Joe Biden upped the
22:37
budget of 2025 from 800 billion to 900 billion, an incredible
22:43
mind blowing increase to those who are observing it.
22:47
Then in 2025, December, we went through the same thing and the
22:54
budget was upped from 900 billion to a trillion dollars.
22:58
This is outside of the budget that was agreed in September.
23:03
Then Donald Trump went to Davos and he spoke about something
23:08
he'd said in December. He spoke about having a budget
23:13
of $1.5 trillion. So if we add that extra into
23:19
this year's budget, into this year's date, I should say, then
23:25
you're looking at about close to $41 trillion now on top of that.
23:32
So they've got to raise about it 2 1/2 trillion dollars maybe a
23:35
little bit more on top of that in this year by sheer bad luck,
23:40
$9.6 trillion of the 38 slash 40 trillion of the of the pre
23:48
existing 38 is a better way to put it is coming up for renewal.
23:52
Now it the way that the debt debt works is that that 9.6 is
24:01
not call it for the sake of round numbers, it's not 25% of
24:07
38, it's actually over 33% because some of the debt is
24:11
very, very, very, very technical is what they call inaccessible
24:16
debt. So it's a an enormous proportion
24:22
of U.S. debt has to be rolled over, has to be renewed this
24:25
year because it's not being the capital is not being paid down.
24:29
So in this year alone, Besant has to raise 12 trillion
24:35
dollars. Just at a time when the Chinese
24:39
are saying to their banks don't buy U.S.
24:41
Treasuries anymore. At a time when the Indians are
24:45
paying Russia for natural gas in rupees and rubles, as you
24:49
rightly say. At a time when the Chinese are
24:52
using one to pay for Russian gas.
24:56
At a time when the Chinese are paying the Saudis in oil rather
25:01
than in Petro dollar. So there's a coalescence, a
25:05
Black Swan of events that is doing far more harm to the to
25:10
the US dollar, to the US economy and to this integrated Western
25:15
system to which you alluded, You know, competition and, and the
25:20
undermining of hegemony that most people are not seeing and
25:23
not talking about. But it's there.
25:25
Anybody can test anything that I've said so far and that I'm
25:28
going to say on this programme and they will find observers who
25:33
use the words that I do. This is terminal.
25:35
This is going to break the back of the Western financial, the
25:41
western integrated dollar dependent Bretton Woods based US
25:47
dominated financial and economic system in a way like the world
25:51
has never ever seen and it's going to happen in this very
25:54
year. You are absolutely dead right.
25:58
What's what's occurring now is a development of an alternative
26:03
that you and I have never had to contemplate in our lifetimes.
26:06
We've always just been the automatic recipients of the the
26:12
benefits of being white, middle class, English speaking, let's
26:20
say the risk of being conceited, high IQ.
26:23
We've we've always functioned in a system that was ideal for us
26:29
and that is changing before our very eyes.
26:33
Yes. And I think something to keep in
26:35
mind also is that China and Russia are pretty much driving
26:40
it. And China does not work in an
26:44
overnight strategy. They work long term, slow,
26:48
gradual chipping away, right. And I think that's brilliant.
26:51
I actually think it's a very rock solid way of of doing
26:56
things. It's a great strategy rather
26:58
than doing things as fast as possible and we can see the the
27:04
effects of bricks already here in South Africa.
27:08
What does America actually export other than bombs?
27:15
Hollywood sanctions tariffs and and and then Trump imposes
27:21
tariffs on on half the world. How, how in in in any way
27:27
they're going to benefit the average American.
27:31
It's not It's not inflation in the USAI have very strong links
27:36
to the USAI. Hold conversations with
27:39
knowledgeable, informed, clever, successful people in the USA
27:44
every day of my life, at least six days a week, and have done
27:49
so since 2017. I now hold about an hour a day
27:54
of conversations. It used to be two to three hours
27:56
a day of conversations with American supporters of State
28:00
London's, the organisation for which I work, and some of those
28:05
people are in retail and the US inflation is north of 15%.
28:13
That is absolutely unquestionable if you mean by
28:17
the word inflation, which is inquiry, But if you mean the
28:22
increase in the prices of consumer, the consumer price
28:28
index, if you like what you pay for a house, a car, a shoe, a
28:33
laptop, etcetera. It's now reached the point where
28:38
it's it's absurd. I can Rand.
28:42
It's about what is the exchange rate to the pound, Jeremy?
28:46
Would it be about 19 or 20 to 120?
28:49
So it takes 20 Rand to buy 1 LB and it takes about 15 or 16 Rand
28:54
to buy $1.00. I can buy a little packet of
28:58
chips for under 5 Rand in South Africa.
29:02
You cannot buy not nowhere in the USAA packet of chips for a
29:09
dollar or less. The same with Coca Cola.
29:13
I'd pay 10 Rand for a super sized Coca Cola 440 millilitre
29:20
coke and you can't get a coke for half that size for a dollar
29:25
anywhere in the USA. So the to answer your question,
29:28
the USA can't export anything except the derivative based debt
29:33
and Hollywood and and not so much arms anymore because of the
29:41
just the past few years, the world has seen Russian arms
29:47
develop beyond anybody's imagination and they're half the
29:50
price of US arms, if not less. There are some countries that
29:54
are still tied into multi year or multi decade deals with the
30:00
USA, but many of them are trying to to get out of those deals
30:05
because they can get so much more advanced technology for so
30:08
much less money from from Russia and to some extent China.
30:11
Excuse me, the if the if the USA began a major effort to export
30:19
trousers or Soviets napkins, nobody would buy them because
30:26
the amount of money that they require for their stuff is just
30:32
absurd. That is a product of the
30:36
debasement of the dollar through debt, which is primarily a
30:41
function of Donald Trump's 2 terms in office, the way he
30:47
spent money last year and the way he's preparing to this year.
30:50
1 1/2 trillion dollar the the gross receipts of the USA of
30:55
four and a half trillion dollars federal at the federal level, 4
30:59
1/2 trillion dollars. So Donald Trump is saying at
31:01
Davos, I'm going to spend 1/3 of all of the tax taxes paid, the
31:10
gross receipts, tariffs, customs when they're implemented at A at
31:15
a federal level, visa fees, everything that the federal
31:20
government takes in. I'm going to spend 1/3 of that
31:22
on the military. It's, it's lunatic, Jeremy.
31:26
It is really, really lunatic. Very, very few people are
31:30
talking about it, even though the information is out there.
31:32
So sorry, that was my long winded way of saying, yeah,
31:34
you're dead right. They, they can't export anything
31:36
because it thinks in terms that don't make any any sense at all.
31:40
For instance, he has the classic example, sorry, that I'm just
31:42
going on and on in the USA now, if you buy, if you go to a
31:47
Starbucks or a similar place, when you pay, there's a little
31:54
message that pops up on the screen saying, do you wish to
31:57
tip? 20 percent, 25%, Thirty percent,
32:01
35%. These people have lost their
32:04
marbles. You walk into AUS restaurant or
32:07
a Starbucks where the people are standing behind the counter, the
32:09
servers. And even in the restaurant
32:12
scenario, that person takes you to the table with the menus and
32:18
says would you like to order your drinks?
32:20
And invariably you know what you're in the mood for drinking.
32:23
It's very seldom that you deliberate for 20 minutes over
32:26
the the, the wine menu. You order your drinks, she goes
32:31
and fetches them and comes back and takes your food order.
32:34
She takes that to the kitchen and then you don't see her for a
32:36
while and then she brings your food.
32:38
She's been to the table three times.
32:41
She goes away and might come and check on you.
32:43
She's been to the table 4 times. AUS waitress will very very
32:48
seldom check on you twice. She comes back to clear.
32:53
She's been there five times. She comes back with the bills.
32:57
She's been there six times. She's walked maybe 30 paces and
33:03
return. That's 6060 * 6 is 360.
33:09
She's walked 360 paces. In other words, she's done the
33:12
equivalent of me walking out of my house, out of my farm house
33:16
and down the road. 1 field, 1 short field.
33:23
And she believes and her bosses believe that she has added or
33:29
put in 30% of the value chain of the steak and the potatoes and
33:36
the sauces and the cutlery and the the chi in 360 paces on your
33:43
say, $200 meal. Or let's let's bring it down to
33:47
a cheap steak in the USA, $35 if you're very, very, very, very
33:52
lucky, plus drinks everything else if you're very, very, very
33:55
lucky, $50 meal. She expects you to give her, at
34:01
the very least, a $15 tip. These people have lost their
34:05
minds from the start to the finish.
34:07
There's nobody in the USA talking about the the imbecility
34:11
of the tipping system. There's nobody in the USA
34:15
screaming blue murder about the fact that Donald Trump wants to
34:19
take 1/3 of every cent that all of the human beings of the USA
34:26
and non U.S. citizens who for instance, buy a a visa or you
34:31
get taxed federal tax when staying in a hotel on hollow.
34:34
But but but all of that wealth generated all of the taxation,
34:38
1/3 of it should be thrown into the US military.
34:42
They've they've lost all sense of perspective.
34:44
Jeremy, excuse me for going on for so long.
34:47
I know a guy in in in China. He's an American, he's an
34:53
economist, and he's been living in China for 30 years.
34:56
His child is obviously born in Chinese, wife is Chinese, can be
35:04
an American citizen, and the embassy has requested that he
35:09
applies for, you know, an American passport.
35:16
He doesn't want that. Nope.
35:18
He'd rather have a Chinese passport because he knows where
35:21
the future trajectory is pointing.
35:25
And I mean, he says he doesn't like Xi Jinping, but he prefers
35:30
Xi Jinping over Trump. Yeah, yeah.
35:34
I think I watched a video yesterday about a an American
35:39
woman who was getting health services in in China.
35:43
So she went for a doctor's appointment at a hospital and
35:47
then she got medication and the grand total was $12.07 or 17
35:52
cents. Two years ago in the USA, in
35:55
Gallatin, TN, I was having severe blood sugar problems,
35:59
which thank God I've I've now rectified for the most part.
36:03
And they were so severe that I went to a doctor's office.
36:07
And I said to the woman behind the counter, look, with all due
36:11
respect, I need to know what this is going to cost.
36:13
You can't just give me a bill afterwards and hope that I'll
36:16
pay it. I'm I'm a foreigner travelling
36:18
through the USA on a limited budget.
36:20
The bills just not going to get paid if it's if it's too much
36:23
money. So they they would have done 2
36:25
tests, a blood glucose test that tells you what your blood sugar
36:29
level is right now and an A1C test which tells you what it is
36:33
over time. And the, the, the blood sugar
36:38
test you can get in the Walgreens for, I don't know, 1-1
36:41
test would be a few cents even in US money.
36:45
And the A1 CI ended up buying my own A1C test and doing it
36:50
myself. And that cost $30.00.
36:54
The woman behind the counter eventually faced up, as the
36:57
Americans say, and she said to me, well, it's $150.00 for a
37:01
doctor's visit and then we've got to send the results away.
37:06
I see. But you, you buy the thing in
37:07
the Walgreens, you look at the results, you see it in front of
37:09
you. Oh, no, no, no.
37:10
We work with the laboratory and we've got to send the results
37:14
away, and I can't remember all of the numbers involved, but it
37:18
was close to $1000. In China.
37:27
I don't think they would charge you $10.00 for that service.
37:30
That's how out of kilter this is that in small towns in the USA
37:35
to have the most rudimentary medical work performed on you
37:39
costs fantastic sum of money in our in our money in terms 151617
37:46
thousand Rand depending what the exchange rate is today.
37:49
It's a phenomenal sum of money. And the rest of the world is
37:53
seeing the USA stumble through this madness and people like
38:00
your friend the American are saying I don't want to be a part
38:04
of that anymore. Don't don't offer me your
38:06
passport. Don't offer me your citizenship.
38:08
Keep well away from me. I don't want to pay your taxes
38:12
and I don't want to be subject to your interpretation of
38:15
international law, and I don't want to be obligated to return
38:18
to the USA if there's a war or whatever the case may be.
38:21
I want you to have no hold over me because you're losing your
38:26
minds and too few people are saying it.
38:29
If there were to be a hot global war, you're probably safer in
38:35
either Russia or China than in the US.
38:40
Yeah, I think, Jeremy, that the the world is so fed up with what
38:45
the USA has done over time that I think that when the
38:53
retaliation comes, it's going to be severe.
38:55
You know, on the 28th of of December, Donald Trump, the
38:59
story apparently goes like this. Donald Trump apparently brought
39:04
up. Excuse me, Rang up Vladimir
39:07
Putin for a chat about these ongoing pantomimes of
39:12
negotiations that are clearly on the American part, deliberately
39:18
intended not to succeed. And he had apparently a long
39:23
winded conversation that just went around and around and
39:26
around in circles. And the Russians were eventually
39:28
rolling their eyes at the loquacity of this verbose
39:33
American president. And at some point in the
39:38
conversation, Donald Trump asked Vladimir Putin, oh, by the way,
39:42
where are you at the moment, you know, making small talk?
39:45
And Putin lied to him and said, I'm at my house in Voldai, my
39:50
holiday home. And Donald Trump said, oh,
39:54
that's, that's it was so good. This was right at the beginning
39:56
of the conversation. An hour later, they're still on
40:00
the phone and 91 NATO drones. Attempted to bomb that
40:05
residence, although the Russians had fooled Donald Trump,
40:08
Vladimir Putin wasn't there. And in any case, the air defence
40:11
has shot down those drones. My point being that the level of
40:18
patience that we're seeing is, as you say, it's, it's
40:23
generational patience. It's how the Chinese function
40:26
and how the Russians are functioning and how people in
40:30
the Middle East do function. And I don't think that the
40:36
hubris of Americans, everybody is a little bit arrogant.
40:41
They're very few. You, you're one of them.
40:44
You know, the, the, the truly modest people that I know I can
40:48
count on one hand. Everybody else that I know is
40:52
always keen to brag some more, some less.
40:55
And some are not even bragging. They're just being conceited.
40:58
They're imagining their own talents and successes.
41:06
You almost can't blame America for having been the haughty
41:12
creature that it has been for the past 60 years.
41:16
It was big and it was fat and it was loud and it was brash.
41:19
And I was able to beat everybody up.
41:21
And if you didn't listen, it would just Agent Orange you and,
41:25
you know, destroy millions of people in Vietnam.
41:29
And but those people don't forget the way that Americans
41:33
forget. Americans remember maybe their
41:36
last hamburger. And I'm not, I don't mean to say
41:39
that that Americans have no good qualities.
41:42
What I'm saying is that their lives are all about instant
41:46
gratification. It's all about this moment now
41:49
and me, Me in this moment. These other people who are
41:56
becoming infuriated by the behaviour of the United States
42:01
of America since, roughly speaking, the Bretton Woods
42:05
Agreement in Mount Washington Hotel in New Hampshire in 1944.
42:13
The the conceit, the vanity, the hubris, the ego, the absolute
42:18
self serving nature of the United States of America are
42:23
going to when they do lose their tempers, they're going to do it
42:27
properly. And I don't want to repeat
42:30
myself for be long winded. So I'm I'm not going to.
42:32
But people should be listening to what I'm the warning I'm
42:35
giving today, not because I know everything, but because there's
42:40
very few people in the world who are willing to speak publicly
42:44
about the things that I speak about.
42:46
Most people are very much more cautious than I was during COVID
42:50
and during the vaccination campaign and when we had a
42:54
crisis with our national electricity provider, Escom,
42:57
here in South Africa and about Russia and about what's going on
43:04
in the USA. People hedge their bets and they
43:07
they allude faintly to things. I'm one of the very few people
43:11
who will speak very boldly about these things.
43:16
For for my sins, I do it. The reality is that the world is
43:20
changing before our very eyes and it is going to be an
43:23
extremely, extremely, extremely painful event.
43:26
And it's going to happen in the year 2026 because this is the
43:32
year, as I've already said in reiterate, I don't want to
43:36
repeat because of a debt load that is unknown in the history
43:41
of the world, because of extra debt that has to be incurred.
43:46
That is absolutely unprecedented.
43:49
Never, ever, ever as a country had to raise $12 trillion just
43:56
to keep its head above water. And the list goes on.
44:00
I've, I've people who've listened to the whole show will
44:03
know the scenario that I've sketched.
44:05
Right now, the Western world is poised to get smacked in the
44:10
face by a very hard fist such as we have never known, because we
44:17
have been the fortunate beneficiaries of a system that
44:21
was all about usher us. It was all about high IQ
44:27
individuals performing very well.
44:30
It was about using the English language as the dominant medium
44:34
of every every everything. It was about the inheriting the
44:43
the spectacular achievements of the civilization that has
44:49
dominated the world. Have there been there been ups
44:52
and downs? We know that, but no one else
44:54
can claim the civilizational success that we can going back
44:59
to 1100 BC, 3000 years and to unwind.
45:04
That is not something that's done overnight, but it is
45:07
happening and it's happening in a in a very meaningful way.
45:10
It's like a fat man with very skinny legs, weak legs and bare
45:15
joints. The US dollar, yes, it's
45:17
wonderful, but it is depended on it's, it's maintaining this $38
45:23
trillion debt, maintaining success in the bond markets and
45:28
only paying low interest rates has been dependent upon the
45:32
world having to, to, to cosy up to the USA to buy a pair of
45:42
previous previous to the architecture that the Chinese
45:45
have recently put in with Enbridge and the, the related
45:48
instruments. If I used any card in the world
45:54
to buy any product in the world, the, the, the, the transaction
45:59
was intermediated in dollars. So I didn't use our currency,
46:04
South African currency, the rents to buy sneakers or plum
46:09
soles or techies, you know, soft running shoes in the in, in
46:13
China. If I ordered on Alibaba, that
46:17
transaction went through a a dollar intermediation for which
46:21
number one I I lost on the exchange.
46:24
It's it's like the first time you go overseas, you know, you
46:27
watch the, the news every night, perhaps in your home country and
46:31
it says the dollar is 10 to 1. Whatever the case, may you get
46:37
to the Bureau dechange in the airport.
46:39
You can buy your first dollars so exciting and you discover
46:43
that they give you 9 to one or if it's the other way around,
46:47
that they demand from you 11 for $1.00.
46:50
And you think I'm being head got him.
46:53
And you storm off to the next Bureau Deshaun.
46:55
And you do that four or five times before you realise that
46:59
that's real life. In the real world, the amount of
47:01
money that you pay for an ounce of gold versus the amount that's
47:05
quoted on the stupid COMEX system are night and day not the
47:09
same thing. And likewise, you would pay a
47:15
fee for buying dollars. You would then pay a fee for
47:19
going through Visa system. The Chinese have bypassed that
47:25
with their own payment system, which it it it can be used
47:30
almost anywhere in the world. That tiny little action is like
47:36
me tripping up on my front lawn, an obese man trying to to run
47:43
away from me, you know, playing rugby or soccer, whatever the
47:47
case may be. It's very, very, very easy.
47:51
He's a big, strong guy. He's a spectacular, wonderful
47:56
dollar. America's number one, the home
47:58
of the free and the land of the brave.
48:00
It's too beautiful for words, but it has become a mockery of
48:04
itself with $40 trillion in debt and having to raise $12 trillion
48:09
just to keep its head above water this year.
48:12
If I ankle tap that obese man, he's going to come down and he's
48:16
going to come down hard. And we are seeing it happen.
48:19
And if people don't believe me, just give me 10 months benefit
48:22
of the doubt. We're seeing it in the bond
48:26
markets already. We're seeing it in the silver
48:27
and gold. How did silver go from $15 to
48:31
$123 before JP Morgan had to push it down using quants and
48:36
bots to whatever it is now 7375? It doesn't matter what it is
48:39
because it's going, it's going to go back up probably to
48:41
$400.00 very, very, very, very, very easily once the, the, the
48:48
silver shortage kicks in, because then nobody will care
48:50
what the quants and the bots want the price to be.
48:54
So yeah, it's, it's happening already.
48:56
Sorry for the long winded thing Jeremy, but I get so worked up
49:00
about this subject it distresses me no end that nobody will talk
49:05
bluntly about what is happening. Excuse me?
49:13
In China you can use MasterCard and Visa, but it's not easy.
49:18
I think they are trying to reduce reliance on Western.
49:24
Payment infrastructure. Now I've no doubt about it,
49:28
Jeremy, it's playing out before our very eyes.
49:30
Can you Can you believe did you ever think you would see the day
49:34
that Bloomberg reports, as it did yesterday morning early
49:37
early that the Chinese have issued a notice to all banks not
49:42
to invest in U.S. Treasuries.
49:45
It's, it's inevitable that the Chinese will wean themselves off
49:49
Visa and MasterCard and you know, it's going to become
49:56
cheaper for everybody because it's not going through New York
50:00
and you're not paying a fee. Because hitherto all, all credit
50:06
card, as I alluded earlier, all credit card architecture in the
50:09
whole world with no exceptions was built on the, the spine, if
50:16
you like, or the skeleton of Visa and MasterCard.
50:20
It's now there's another system. All of a sudden there's another
50:23
system. It just is.
50:26
And, and in, in Russia, I don't know how they've bypassed it and
50:30
how they've bypassed it so quickly.
50:32
But when I was in Russia, you know, they've got their own
50:34
thing and it works beautifully and it doesn't mesh with, it
50:38
meshes with the Chinese system. I've got a very, very ferocious
50:45
German sport. It's not a Alsatian sport.
50:48
It's not a German shepherd, a new dog and he's he's just come
50:52
to bother me. You were telling me earlier that
50:55
your dog is a bit is a bit camp, or this dog is the very
50:59
opposite. I like to, I like to blame my
51:05
dog on my wife. It was her, it was her choice.
51:12
But Simon, it sounds like we're we're dunking on the US.
51:21
Jeremy, that's nonsense, man. We've watched US movies and
51:25
listened to US music and adopted American eating habits and
51:32
wanted to move to Texas. I mean, just think of the number
51:36
of South Africans and and former Rhodesians, Zimbabweans, white
51:40
farmers who moved to the to the USA years ago.
51:44
People from all over the world have admired, blushingly, the US
51:50
since forever. Things have changed.
51:54
It's now absurd to pay 35 to 700 grand for a mediocre steak, 700
52:02
grand in our money for a mediocre, a very, very ordinary,
52:07
unspectacular steak. At my local hotel, which is a
52:10
boutique hotel. It's very pretty, very, very,
52:12
very nice hotel. I get a a steak, egg and chips a
52:18
huge piece of of of rib eye. The best cut of meat on on an
52:27
animal is rib eye. It's very unknown to most S
52:30
Africans because of apartheid. Long story.
52:32
Long story but other people in the world know that the best
52:35
piece of beef is a rib eye steak with chips, a garlic sauce and
52:43
also bucco bone that big. So marrow bone full of marrow
52:47
and two raw eggs. Fried eggs, but just basically
52:54
raw for 125 Rand, which is. Subways.
53:03
Something like $9. Is that near you?
53:09
Yeah, Hoffmeyer Boutique Hotel, Victoria Boutique Hotel.
53:14
People come from literally people from say overseas will
53:19
come through Hoffmeyer just to see the Hoffmeyer Hotel.
53:22
It's tiny. It's the same size as the house
53:25
my my big farm house, the big farm House of my friend that I
53:29
occupy. It's miniature, but it's
53:34
exquisite and the service is fantastic.
53:37
The services out of this world and it's as cheap as chips and
53:42
it's it's all it's very feminine you know it's all brocade and
53:46
it's owned by a local farmer but it was clearly done up by his
53:49
wife. You know, it's very, very, very,
53:51
very expensive the pictures on the wall and the brick of brick
53:55
and the the ancient books that they have on display.
53:58
It's phenomenal 125 Rand so about. 120 no 125, I can't get
54:05
past that. That is so cheap.
54:08
And it's, it's local meat up. So it's a very, very, very good
54:12
meat. It's not, it's not tough, it's
54:14
not rangy. It's not, it's better than you
54:16
can buy in in a, in a shop. You know, it's the way farmers
54:21
keep out the best cows for themselves, as all farmers do,
54:24
all sheep and goats and cow farmers keep out the best ones
54:28
for themselves. And then they'll slaughter once
54:30
every three months. So you're getting better than
54:33
you can get in a shop. Generally what the farmers will
54:35
do is they will fatten for, for themselves.
54:39
Now I'm not talking about for, for an abattoir.
54:44
They'll fatten naturally because they don't want to feed their
54:46
children female store steroids and what have you.
54:52
And so it'll be like grass fed fat and the ones that are the
54:58
most supple and, and good is what the farmers will, will feed
55:02
to their children and their wives and their guests, because
55:05
it's a competition. Everybody's showing off, you
55:08
know, and we eat a lot of meat. So it it's better meat than you
55:11
can buy in a shop. I mean, it melts in your mouth.
55:14
And you just say to them, like I always say to them, don't be,
55:18
don't be stingy and don't, don't steal my money.
55:21
And I catch them every time, you know, they look at me.
55:24
How dare you insult us to, you know, sit down and start
55:26
insulting, I say, because I know you want to trim the fat off.
55:30
I want the the whole steak with all of it's fat.
55:33
I use the fat to improve my brain.
55:35
You know, because animal fat is the best source of cholesterol
55:40
and cholesterol is necessary for your to repair your vein.
55:44
Yes and yes. Don't don't consume statins.
55:49
Yeah, and it's also necessary for myelin and myelin, myelin is
55:53
made 100% out of cholesterol. It uses nothing else.
55:56
So all it is is a modified structure of cholesterol and
56:01
myelin forms just over 75% of your brain.
56:05
So I eat the fat to get to become more intelligent and to
56:08
keep my heart healthy. So for 125 rain, I get it.
56:12
Like in ounces. Jeez.
56:15
I don't know what would that be like?
56:17
I want to say the 28. Yeah.
56:24
So it would be going on for a 20 ounce steak, but then with the
56:30
fat, they won't trim the fat. So I get like, I don't know, I
56:33
don't want to exaggerate, but maybe 25 ounces of of food for
56:38
125 rain. What is that in grammes?
56:41
I don't. I don't know what answers are.
56:45
Jeremy, I want to say like 3 going on for 400.
56:50
OK, no, that's fine. That's a good.
56:51
That's a good. That's a good cut.
56:52
If if it's anywhere over 350 grammes, that's, that's, that's
56:57
fair. There's a, there's a farmer,
57:01
there's a farmer here in the Eastern Cape that I have begun
57:06
supporting. He, he farms free range
57:11
obviously. So there's a bit of a premium on
57:14
his, on his meat. But he, what he's done is he's
57:17
taken Japanese black Wagyu cattle and he's interbred them
57:23
with Angus cows. And so he's got this incredibly
57:28
delicious essentially Wagyu meat.
57:33
And you can see it when you when you look at the steak and you
57:36
can see the, the, the, the fat. And it is one of the best steaks
57:42
I've ever had. Yeah, it's it's Sorry, Jeremy.
57:47
I just want to apologise for rubbing my eyes.
57:50
We have very dangerous snakes here and one of the things that
57:53
you can do about it is to have cats.
57:56
And I have a, I've got 5 blooming cats because I almost
57:58
died twice in two days. But puff head is people should
58:03
look them up. A highly, highly lethal snake.
58:05
I've almost stepped on on the 1 and I put my hand almost on the
58:09
on the other one. So I've got cats now.
58:11
I've got five of the blasted things and I've had a lifelong
58:14
cat allergy. It's not that I'm falling asleep
58:16
on the show. It's 17, just past 10 in the
58:22
morning. I'm wide awake, I can assure
58:24
you. But I've got these blooming
58:26
blurry eyes that don't go away anymore and they've taken to to
58:29
adoring me. So they're just, you know, it's
58:32
becoming a bit of a pain, but they're not going inward.
58:35
Have you ever eaten snake? No, no, I wouldn't want to,
58:39
Jeremy. That's a bridge too far.
58:45
I also haven't, but I know people who have.
58:48
No. No, it tastes.
58:50
It tastes like chicken. Yeah, you can keep your chicken.
58:55
Thank you. OK, Simon, let's come in for
59:00
landing. So the moral of the story is
59:04
bricks in principle is potentially a good idea.
59:13
It's it's a good idea for for the beneficiaries.
59:16
I think, you know, I don't want to always knock South Africa and
59:21
the African National Congress government or what have you.
59:23
I just get sick of it of listening to the sound of my
59:26
voice do that. But it will be more beneficial
59:29
for the countries that that act with the greatest alacrity.
59:33
And we know how South Africa is. You know, the South African
59:37
government for bad Vladimir Putin from attending his own
59:41
BRICS summit meeting in 2024. It's just a shambolic thing.
59:46
They're playing this trumpet. They want to have lovers this
59:49
side and on that side and they can't understand why, why
59:52
everybody's angry with them. But for countries like China and
59:56
Russia and India, imagine you, you're India and you've got one
1:00:02
point, whatever billion people it is to feed and you have to
1:00:06
import endless rice and flour and you name it.
1:00:11
And for the first time ever. And oil and everything,
1:00:15
everything, everything that you have to import, you don't have
1:00:20
to buy dollars to do it. You pay in, you pay for your
1:00:24
natural gas in rupees. So the countries who are are
1:00:28
doing playing the bricks game well will reap enormous
1:00:34
benefits. Yes, Jeremy.
1:00:37
How can I follow you all? Said Lunders.
1:00:42
Well, I'm I'm a full time employee of Saitlanders.
1:00:45
So the, the thing to follow is Saitlanders.
1:00:48
I'm just one moving part in a large organisation which is
1:00:51
fundamentally an A civil defence organisation devoted to
1:00:56
preparing for times of crisis that some of us believe are
1:01:00
very, very much on the horizon. And the place to do that is
1:01:05
saitlanders.org. You can go there, you can make a
1:01:08
donation. We, we really need the help.
1:01:11
Please, please, please, please donate to Saitlanders on
1:01:14
saitlanders.org. It's very easy to do.
1:01:17
Or you can follow the Saitlanders videos that we do on
1:01:20
YouTube. Some of them are in the
1:01:22
Afrikaans language. I do ones in the English
1:01:24
language, Very easy to do. Thank you for joining me in the
1:01:28
drenches. Thank you for having Saitlanders
1:01:31
again, Jeremy. We appreciate it.