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The 300-Year Ponzi - Darryl Schoon #6413 · Financial Survival Network

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Speaker 3: And welcome you are listening to and watching the Financial
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Speaker 3: Survival Network. I hope you found this episode. Okay, As
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Speaker 3: you know, we have certain issues with our tech overlords,
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Speaker 3: and they seem to be deliberately, shall we say, de
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Speaker 3: prioritizing these videos.
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Speaker 4: One time they didn't.
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Speaker 3: We got one hundred and fifty thousand views, more than
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Speaker 3: I'd gotten on any other previous one. But then they
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Speaker 3: got wise to it, and now we're lucky to get
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Speaker 3: a few hundred. But I have substack and and all
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Speaker 3: of you out there are always welcome to attend and
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Speaker 3: to see everything we've got going on there. It's simple.
1:08
Speaker 3: Just go to Financial Survival Network dot com. That'll bring
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Speaker 3: you to the substack and read away. And Darryl Shun
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Speaker 3: is with us today, and Daryl, you were one of
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Speaker 3: the first people I interviewed when I started this journey
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Speaker 3: fifteen years ago, and you had written that piece right
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Speaker 3: before the crash of eight and nine. It was like
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Speaker 3: the most spot on, prescient piece written. There were other
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Speaker 3: people that forecasted it, there were people that made billions
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Speaker 3: of dollars off of it, but nobody described it in
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Speaker 3: as vivid detail as No one else was as predictive
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Speaker 3: as you are as to what was going to happen.
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Speaker 4: And here we are, you know, we're like eighteen years later,
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Speaker 4: here nine years later. What's changed, Carrie?
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Speaker 2: You know what changed was my idea about what was
2:09
Speaker 2: going to happen in a way. But I delivered the
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Speaker 2: paper on March seventh, two thousand and seven. It's called
2:15
Speaker 2: Time of the Vulture in front of this group closed
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Speaker 2: group of people that my friend had brought together by
2:21
Speaker 2: met him in law school, and I delivered this paper
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Speaker 2: and I predicted there's going to be a severe economic
2:27
Speaker 2: collapse with currency problems and it was going to be global. Well,
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Speaker 2: the collapse started in the next year, in September two
2:40
Speaker 2: thousand and eight, when Wall Street Banks collapse, bear Stearns,
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Speaker 2: aigt Okay, and I expected that we would be in
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Speaker 2: the drink in the next year. All right, and I
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Speaker 2: believed it because the past is prologued, but it isn't
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Speaker 2: predictive in the way. In other words, because it happened
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Speaker 2: in the past doesn't mean it won't happen in the future.
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Speaker 2: But it doesn't mean it's going to happen in the
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Speaker 2: same way. And what happened is is something that the
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Speaker 2: FED did that they had never done before. In January
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Speaker 2: two thousand and nine, the Federal Reserve began putting money
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Speaker 2: directly into the economy. They never have ever, ever, ever,
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Speaker 2: the FED. I mean, I've used the metaphor of plumbing.
3:27
Speaker 2: They're the plumbers, okay. And it is well known my
3:33
Speaker 2: antipathy about the FED. Well, it's based upon they're basically
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Speaker 2: the caretakers of a debt based money system. All right
3:41
Speaker 2: before England Central Bank in sixteen ninety one, money was
3:45
Speaker 2: of positive value. All right after sixteen ninety one, the
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Speaker 2: money was issued in the former credit and debt. So
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Speaker 2: what money became in a capitalist system is merely circulating
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Speaker 2: credit and debt. Now, what happened is because of the
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Speaker 2: massive available of credit in the system, the system grew
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Speaker 2: and grew and grew and grew. And what happens is
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Speaker 2: is that the growth of the system is necessary to
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Speaker 2: pay off the compounding debt that accrues on the credit,
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Speaker 2: on the debt based money that's issued constantly. All right, Well,
4:19
Speaker 2: because credit is issued at a certain interest rate, it
4:23
Speaker 2: grows as the amount of credit moves into the system. Money,
4:27
Speaker 2: as a money supply moves into the system is off
4:31
Speaker 2: to debt grows faster. Why because debt increases, it's compounded.
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Speaker 2: The credit is a compound. It's just issued to thick
4:43
Speaker 2: sum A B C D. The debt that throws off
4:47
Speaker 2: is compound to day compounding D, compounding C compounding D.
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Speaker 2: And that's why. And what the what the bankers did.
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Speaker 2: They figured out a way to sell the debt as
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Speaker 2: something positive. I owe us to come, all right, And
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Speaker 2: the bond markets are much bigger than the stock markets
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Speaker 2: are because we've got three hundred years of debt piling up,
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Speaker 2: piling up up. What's changed change carries that. After the
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Speaker 2: FED went into two thousand and nine and started putting
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Speaker 2: money directly into markets, it's kept it staved the system
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Speaker 2: from collapse as I thought it was going to. When
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Speaker 2: I wrote my book Time of the Vulture, I expected
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Speaker 2: an imminent economic collapse. So here we are, eighteen nineteen
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Speaker 2: years later. I believe where it's now happening because what
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Speaker 2: they did was they kicked the can down the road. Okay, Now,
5:39
Speaker 2: for one, even though what I thought was gonna happen
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Speaker 2: didn't happen, and even though I was wrong about what
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Speaker 2: I expected, I'm sort of glad underneath it all that
5:51
Speaker 2: it didn't happen in two thousand and nine. Why because
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Speaker 2: I've enjoyed the last eighteen years in a way that
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Speaker 2: I probably couldn't have even had collapsed. Okay, It's like
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Speaker 2: I'm sort of the guy say carry your car's gonna out,
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Speaker 2: your house is gonna burn, and you go, Darren's not
6:05
Speaker 2: gonna burn that house. Now it's gonna burn. Well, it
6:07
Speaker 2: didn't burn, all right, Maybe it's gonna burn tomorrow. At
6:10
Speaker 2: least you have we have a house throw a little
6:12
Speaker 2: while up. So we've had this artificial extension of what
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Speaker 2: I predicted was gonna happen in twenty twenty six. I
6:22
Speaker 2: believe we've crossed the line. Okay, And in fact, by
6:27
Speaker 2: kicking count the can down the road, they're gonna make
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Speaker 2: the explosion a whole lot bigger because what the can
6:33
Speaker 2: is is an infusion of even more credit. So like
6:38
Speaker 2: the stock record I need that Dow today is compared
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Speaker 2: to what it was in two thousand and eight is incredible.
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Speaker 2: What people don't realize is that this ascent started in
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Speaker 2: eighteen in nineteen eighty eighty two, when the fed, when
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Speaker 2: the Dow was at seven to seventy seven, seven seventy
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Speaker 2: seven with fifty thousand, I don't keep tracking it down.
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Speaker 2: See record record, right, that's a function of the size
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Speaker 2: of a bubble. So the bubble now is absolutely enormous.
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Speaker 2: All right, now, So what when you ask what's happening?
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Speaker 2: I look back at it and I say, everybody can
7:16
Speaker 2: feel that we're in that the air's difference. We're like this, Okay,
7:22
Speaker 2: We're like this where we know we're at the edge.
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Speaker 2: Something's going to happen. Well, I believe that the that
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Speaker 2: the ultimate resolution of what I predicted in two thousand
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Speaker 2: and seven is about to happen within the next two
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Speaker 2: to three years. It like people would ask me what's
7:42
Speaker 2: going to happen, and I would say, you know, all
7:44
Speaker 2: I'm predicting is that the tree that we're standing next
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Speaker 2: to is going to fall over. I have no real
7:50
Speaker 2: way of knowing if it's going to fall to the left,
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Speaker 2: to the right. I have no real way of knowing
7:55
Speaker 2: what the cause of the tree is falling over. I
7:58
Speaker 2: know the root structure is bad. I know it's not
8:01
Speaker 2: getting the nourishment it needs, and I know there's a
8:04
Speaker 2: fire danger. But other than that, I don't know. But
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Speaker 2: I do know what I know. So what I knew
8:13
Speaker 2: in two thousand and seven, two thousand and eight when
8:14
Speaker 2: I wrote Time of the Vulture is as true today
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Speaker 2: as it was then. You can go back to that
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Speaker 2: book and I talk about the Japanese yen carry trade.
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Speaker 2: I talk about many things that are coming to fruition
8:24
Speaker 2: now that have reached ahead. I talk about the different currencies.
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Speaker 2: It's coming to a head. They kick the can down
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Speaker 2: of the road. Now it's going to blow up, all right,
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Speaker 2: and carry You know full well for reading my writings.
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Speaker 2: My attitude about central bankers, all right, but you know,
8:41
Speaker 2: even though they're working for what I call a the
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Speaker 2: monetary mafia, all right, is that it's the only show
8:50
Speaker 2: in town. It's the only show in town, all right,
8:55
Speaker 2: And it's yeah, it is. There's a Now I am
9:00
Speaker 2: convinced that after this show ends, there's going to be
9:05
Speaker 2: another show, all right. Humanity is going to go on,
9:09
Speaker 2: but it's not going to go on in the way
9:11
Speaker 2: that it has for the past three hundred years. The
9:14
Speaker 2: past three hundred years have been an era, an epoch
9:17
Speaker 2: undo itself. When England introduced the concept of debt free
9:22
Speaker 2: money to the world, it was so revolutionary what it did.
9:26
Speaker 2: England was able to go to war and credit. Now,
9:29
Speaker 2: this is that deak assid little country. I mean, look
9:32
Speaker 2: at the size of England and it ultimately ruled an
9:36
Speaker 2: empire larger than Rome. All right, and it is the
9:40
Speaker 2: English are that are that more vicious when they go
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Speaker 2: to war? I mean, stick them against the Turks? All right?
9:46
Speaker 2: Oh a ship, all right, pie, money's other Turks. However,
9:50
Speaker 2: England went in knocked over the Ottoman Empire and forced
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Speaker 2: the Ottoman Empire to use their debt based money. One okay, England.
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Speaker 2: Why because they were the only country that really at
10:03
Speaker 2: that time could go to war on credit. Now everybody
10:07
Speaker 2: can go to war on credit. That's why we have
10:09
Speaker 2: so many wars. But that's it central So the central
10:14
Speaker 2: bankers are doing it. Now, why are they doing it?
10:18
Speaker 2: The central bankers are doing it because they're getting The
10:20
Speaker 2: bankers are getting rich off of this. The bankers. When
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Speaker 2: money is issued as debt carry everybody comes becomes indebted.
10:30
Speaker 2: Everybody why money is now debt. You cannot get rich
10:36
Speaker 2: unless you're indebted. In fact, if you leverage your indebtedness,
10:39
Speaker 2: the chances of you getting richer are even greater, until,
10:43
Speaker 2: of course, that io used can't get repaid. When ioused
10:49
Speaker 2: go under, the money disappears. One of the fundamental questions
10:53
Speaker 2: I asked myself when I began to studying money, You
10:55
Speaker 2: just care I'm a hippie, you know. It was like
10:58
Speaker 2: I heard these words in nineteen tety one that predicted
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Speaker 2: a future that I wasn't aware of, and these it became.
11:05
Speaker 2: This is why I wrote my book. These are the
11:07
Speaker 2: words I heard carry. In times of expansion, it is
11:12
Speaker 2: to the hair the prize goes quick, risk taking in bold.
11:16
Speaker 2: His qualities are exactly suited to the times. In times
11:20
Speaker 2: of contraction, however, is the tortoise's favorite quick only to
11:24
Speaker 2: retract his vulnerable head and neck. His is the wisest bed.
11:27
Speaker 2: When the slow insure is preferable to the quick and easy.
11:31
Speaker 2: There comes, a time, however, when neither the hair nor
11:33
Speaker 2: the tortoise is the victor. This is the time of
11:36
Speaker 2: the vulture. And the vulture feeds neither upon the stored
11:39
Speaker 2: up Wilson's bear or the passes of the bull, which
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Speaker 2: lie buried deep beneath the rubble of economic collapse. The
11:45
Speaker 2: vulture feeds upon the blind denial and ignorance of the ostrich.
11:50
Speaker 2: The time of the vulture is here. I heard those
11:52
Speaker 2: words in nineteen ninety one Carry and I started studying money.
11:55
Speaker 2: I started looking at powerful, very powerful. They have certainly
11:59
Speaker 2: affected me, all right. And one of the questions that
12:02
Speaker 2: it came to me was what happened to the money
12:04
Speaker 2: during a great depression? I mean, Carry, nobody had any money,
12:08
Speaker 2: even the rich people had less money than they had before,
12:11
Speaker 2: all right. And it was a question that sort of
12:13
Speaker 2: hung in the air. But it got answered when I
12:16
Speaker 2: ultimately understood what money was. In debt based money monetary systems.
12:21
Speaker 2: All money is is circulating credit and debt. Okay, Now,
12:26
Speaker 2: what happens is you've heard everybody sort of knows that axiom.
12:31
Speaker 2: If every debt were repaid, money would disappear. Now that
12:36
Speaker 2: doesn't seem more, I mean, how could that be? Well,
12:38
Speaker 2: it is because money is issued as debt, and if
12:42
Speaker 2: all the debts are repaid, the issueance disappeared. Now it's
12:46
Speaker 2: not going to happen that way because all the debts
12:50
Speaker 2: aren't going to be repaid. Well, there's another way. Money
12:53
Speaker 2: disappears when debt's default. No, he disappeared. And that's what
12:59
Speaker 2: happened in the nineties thirties. Carry that's what I got
13:02
Speaker 2: that when the IOUs could not where just they went down.
13:06
Speaker 2: Morgan's went down, banks went down. It's a it's it's
13:09
Speaker 2: a car. It's it's a dominoes of io you and
13:13
Speaker 2: when the IUU start going down like this, knocking it down,
13:16
Speaker 2: nobody can pay what they paid because they they can't
13:18
Speaker 2: because who owes them can't pay what who they who
13:21
Speaker 2: owes them? All right, So this is what is about
13:25
Speaker 2: to happen. Money is about to disappear as we know it, Okay,
13:30
Speaker 2: And in the interim it's a very bad thing. Antol
13:35
Speaker 2: thack Day, you know, the professor. Sure he was brilliant,
13:40
Speaker 2: all right, and I was left to know could be
13:42
Speaker 2: close to him. I remember, right, I told Anton I
13:45
Speaker 2: looked at him. And in two thousand and eight, after
13:47
Speaker 2: he talked at Marshall's conference here. Marshall flew them over
13:50
Speaker 2: and I looked at Antell before I left them off
13:52
Speaker 2: of the airport. I said, you know, Anton, I don't
13:55
Speaker 2: agree with everything you say, but I'm not the one
13:57
Speaker 2: to quibble with you.
14:01
Speaker 4: He was brilliant. Yeah, he was brilliant.
14:03
Speaker 2: But we were sitting there in the very early days
14:06
Speaker 2: in Dallas at a seminar that he put on, and
14:09
Speaker 2: he turned to me and he said, when the price
14:12
Speaker 2: of gold goes up in skyrockets, it's gonna be the
14:16
Speaker 2: saddest day in the world. And what he meant was this,
14:20
Speaker 2: you may benefit for the collapse of the economic or
14:24
Speaker 2: you may have enough to survive the transition, but for
14:27
Speaker 2: everybody on this planet, the collapse of a monetary system
14:32
Speaker 2: that has formed the basis of what they do savings quote,
14:37
Speaker 2: it is not savings, it's a collection of I'll youse
14:39
Speaker 2: all right. When it disappears, it's gonna be a shock,
14:44
Speaker 2: That's what Anthel said. So I believe that's what we're
14:47
Speaker 2: about to go under. That's what we're about to experience.
14:49
Speaker 2: I don't know what's going to set it off. I
14:51
Speaker 2: know we're closer today than we were when we've been
14:53
Speaker 2: talking about this, you know, but the timeline, the ke
14:57
Speaker 2: keeping the can down the road. But Carrie, I'm convinced
15:02
Speaker 2: that in a very short time, we're going to turn
15:03
Speaker 2: corner is going to have one of those traffic control
15:06
Speaker 2: sites no more road or it ends here like you know,
15:10
Speaker 2: it's it's gonna whatever those roads like, we're going to
15:13
Speaker 2: hit that sign and we're gonna get past it because
15:16
Speaker 2: it's gonna people are gonna readjust people are gonna do something.
15:20
Speaker 2: I want to tell you something, Kry. This is very interesting.
15:23
Speaker 2: You know. I began writing and people noticed what I
15:25
Speaker 2: was writing because I think you captured and right people,
15:28
Speaker 2: I was. But I could say it. I said it
15:31
Speaker 2: and everybody knew it. I got a phone call in
15:33
Speaker 2: two thousand and eight from a guy and he said,
15:37
Speaker 2: mister Shuon, Uh, what are your thoughts on a gold
15:42
Speaker 2: base back? Now, Carrie, I've been thinking about that for
15:46
Speaker 2: a long time, and in fact, in two thousand and
15:49
Speaker 2: five I had exchange in emails with Robert Mandell the
15:53
Speaker 2: Nobel Prize about this. Okay, sure on a certain concept, Okay,
15:57
Speaker 2: but I kept it. I didn't want to talk about
15:59
Speaker 2: because it was my project. You know, like we've got
16:01
Speaker 2: these right. I didn't want anybody to know I was
16:04
Speaker 2: thinking about something this radical, so I denied, Oh no,
16:08
Speaker 2: you know, and what do you guys? Yeah, not me.
16:12
Speaker 2: But he was persistent, all right. Then when I found
16:15
Speaker 2: out Carrie was that he was bird dogging for a
16:18
Speaker 2: group of Texas energy people, big oil and gas, all right,
16:25
Speaker 2: And they had red fancied my writings, all right, And
16:28
Speaker 2: they were thinking about a gold based thing. Why why
16:32
Speaker 2: because you know the Texas, you know, we know how
16:34
Speaker 2: they are politically. But about my.
16:36
Speaker 4: Voice, yeah, but its goals.
16:39
Speaker 2: They're in the goal too, that's you know. They're in
16:41
Speaker 2: the goal and they always have it. And and they
16:44
Speaker 2: believed that gold was probably going to be critical in
16:48
Speaker 2: the transition because they also believed the economic system was
16:52
Speaker 2: going to collapse, as I was writing about, but they
16:54
Speaker 2: had invested interest in keeping it going. They had invested, no,
16:57
Speaker 2: they had invested interest in not keeping the debts money going.
17:01
Speaker 2: Then invests this instance, in keeping the flow of energy
17:03
Speaker 2: and oil moving through this transition to what was gonna
17:07
Speaker 2: come later. And they come to this thought that they
17:11
Speaker 2: Spike would be so they were gonna fly Martha and
17:13
Speaker 2: I down to Houston, all right, and we were going
17:16
Speaker 2: to talk about it. The meeting never happened because I
17:19
Speaker 2: got a phone call from this guy and he said, Darryl,
17:22
Speaker 2: they decided to call it off. They're not going to
17:24
Speaker 2: pursue this anymore. And he said and I said why.
17:27
Speaker 2: He said, well, they believe that if we actually did
17:30
Speaker 2: put together a gold bag bang, we would be we
17:34
Speaker 2: would come up against the rothschilds. Oh, yeah, the real
17:37
Speaker 2: goal for you did. Yeah, that was a given. And
17:40
Speaker 2: when they realized that, they said, you know, we may
17:43
Speaker 2: be big in oil and gas, we're not that right here. Yeah,
17:48
Speaker 2: and they bag up. All right, so this is a situation.
17:52
Speaker 2: It was. It was an amazing thing. And so nothing happened.
17:55
Speaker 2: We never went to Houston, okay, but Martha had a
17:57
Speaker 2: new dress, all right. And my point is is that
18:01
Speaker 2: people who are who it's their business to think about
18:05
Speaker 2: the transition are thinking about.
18:08
Speaker 4: It, all right.
18:09
Speaker 2: I know that crypto came along exactly the same time
18:12
Speaker 2: they started flighting the money with more debt in two
18:15
Speaker 2: thousand and nine, and the belief in that that that
18:18
Speaker 2: bitcoin was going to be I don't believe that. I mean,
18:21
Speaker 2: if you go to my website, if you go to
18:24
Speaker 2: my website. I've got a piece up there that I
18:26
Speaker 2: wrote called betcoin, and I said, betcoint is a is
18:30
Speaker 2: a two legged debt. The first bet is the fiat
18:33
Speaker 2: money system is going to collapse, which is a certainty.
18:37
Speaker 2: And I said, the second bet is that bitcoin is
18:40
Speaker 2: going to be its successor. I said, that's a losing bet,
18:43
Speaker 2: all right. Now something is going to replace it. We
18:46
Speaker 2: are going to do something. I mean probably the first
18:49
Speaker 2: country carried that hat fiat money was China. Why why
18:53
Speaker 2: did fiat money first rise in China? Because what you
18:56
Speaker 2: need for fiat money you need paper, all right, still
19:00
Speaker 2: look like money. You need ink to write out of
19:04
Speaker 2: the paper. The Chinese invented paper, and the Chinese invetted ink,
19:08
Speaker 2: all right. That third thing you needed for fiat money
19:11
Speaker 2: was a government to say this is real money, all right,
19:15
Speaker 2: back with a fear, with a lesser amount of real
19:18
Speaker 2: value than the paper money represents. So China came out
19:23
Speaker 2: with this twenty twenty four or twenty twenty three, ten
19:28
Speaker 2: twenty stary excuse you, one thousand and twenty three, which
19:31
Speaker 2: was a little a few almost it was a little
19:33
Speaker 2: over a thousand years ago, and they ran this thing
19:37
Speaker 2: for six hundred years through five dynasties, all right, because
19:40
Speaker 2: no one could resist, even though they even though each
19:44
Speaker 2: dynasty collapse carried because of the money, everything happened, inflation, superinflation,
19:51
Speaker 2: social disorder, collapse of monetary system, collapse of the government,
19:55
Speaker 2: vote new dynasty, they print fake money. Same thing happened. Okay,
20:02
Speaker 2: Now the difference is is that is that and when
20:05
Speaker 2: it finally collapsed, the chain got and see the Mongols
20:08
Speaker 2: were it had coming to China and the old the
20:11
Speaker 2: old managerins They said, listen, you gotta use this money.
20:13
Speaker 2: This is money worse. And the Mongols said, hey, you know,
20:18
Speaker 2: we're not going to go that way. So they did nothing.
20:22
Speaker 2: They did nothing to create a monetary system. What happened
20:26
Speaker 2: in China this is the only instance of the collapse
20:29
Speaker 2: of the fiat system in a huge society. What happened
20:33
Speaker 2: carry was spontaneously. Silver began circulating, pure silver tails, okay,
20:40
Speaker 2: again circulating. There was a trader from the West who
20:43
Speaker 2: happened to be in China in the eighth in the
20:46
Speaker 2: seventeen hundreds, and he said, you could not go to
20:49
Speaker 2: a village in a remote part without some bar and
20:52
Speaker 2: went to buy something without somebody a kid brought who
20:55
Speaker 2: was a little thing of measuring a silver they could
20:59
Speaker 2: tell whether the silver was real or how much silver
21:02
Speaker 2: was in it. This became the circulating medium in China,
21:06
Speaker 2: and at worked economic stability came back until that they
21:11
Speaker 2: really appeared with their gunboats and they wanted to make
21:16
Speaker 2: They wanted the Chinese. They wanted their silks, they wanted
21:18
Speaker 2: their porcelains, and they wanted their teas. And the Chinese said, fine,
21:22
Speaker 2: give us silver. And the Brits started giving them silver.
21:25
Speaker 2: But they gave him so much silver. The britz went,
21:29
Speaker 2: what the hell because the Chinese wouldn't take their paper money.
21:33
Speaker 2: Why why wouldn't they take their money? Because they had
21:36
Speaker 2: fucked with it and they know this stuff with bogus.
21:40
Speaker 2: So in eighteen forty the England started the war with
21:44
Speaker 2: China called the Opium Wars, forced China to take paper
21:48
Speaker 2: money and sold them opium to reverse the trade flows.
21:52
Speaker 2: Opium had been illegal in China before the sure and
21:57
Speaker 2: so that's how it happened. So here we are in
21:59
Speaker 2: twenty two. The collapse I predicted, you know eighteen nineteen
22:04
Speaker 2: years ago. We're on the verge of it. The system
22:08
Speaker 2: in which it is created. Even though you and I
22:12
Speaker 2: are are we're all beneficiis of it. Carry you and
22:15
Speaker 2: I grew up, well, of course they are. We went
22:17
Speaker 2: to college, you know, we did these things, and people
22:19
Speaker 2: lived and had these kids, so we had the benefit
22:22
Speaker 2: of it. These kids bore today. They're at the back there,
22:24
Speaker 2: at the end. They're they're here during the end of it.
22:28
Speaker 2: They're at the last stage of what Hyman Minsky called
22:31
Speaker 2: the third stage of Ponzi capitalism, where what the debts
22:36
Speaker 2: can only be re paid by borrowing more money and
22:38
Speaker 2: paying the debt with new debt, more debt. All right,
22:42
Speaker 2: we're the last stage, all right, and it's going to
22:45
Speaker 2: be very difficult, and we're going to make it through
22:47
Speaker 2: because the systems change constant. They changed cost but because
22:54
Speaker 2: huge systemic change only happens like once every two to
22:58
Speaker 2: three hundred years, it's not a common nce. You and
23:01
Speaker 2: I have had the benefit of living at the end
23:04
Speaker 2: of an era. And you and I came together because
23:07
Speaker 2: we talked about what was happening. That's what is that's
23:11
Speaker 2: that's the cause of us being near today. You read
23:13
Speaker 2: my book, you thought, wow, this guy, this is interesting,
23:16
Speaker 2: and we're talking about it and so here we are,
23:18
Speaker 2: and what I want to say is we're going to
23:20
Speaker 2: make it through this. It's going to be rougher than
23:22
Speaker 2: anything we've gone through. It's going to make the Great
23:24
Speaker 2: Depression look like a walking apart, because this time the
23:28
Speaker 2: whole system is going to go down. A new system
23:31
Speaker 2: is going to arise. I don't know what it is.
23:33
Speaker 2: And the boys who are in control of the old
23:34
Speaker 2: system aren't going to be in control of the new system.
23:36
Speaker 2: That's what everybody's afraid of. Everybody's afraid of. If this
23:39
Speaker 2: system classes, those assholes are going to be on top
23:42
Speaker 2: of it and create another system. Is true it, Harry,
23:46
Speaker 2: it's my be This one is going to be a
23:49
Speaker 2: game changer. This one is going to change the game
23:53
Speaker 2: and a new era that hit being me, you know,
23:57
Speaker 2: the Aclarian Age is coming, Peace, love and joy. But
24:02
Speaker 2: what I didn't know Carrie in the nineteen sixties, and
24:05
Speaker 2: what I didn't know, but I wrote my book If
24:08
Speaker 2: the Acquired Angels Coming. But we're going to need an episiolomy,
24:14
Speaker 2: and that's what's going to happen.
24:16
Speaker 3: All right, Well, I tend to agree with you, like
24:21
Speaker 3: I read. I don't remember who it was, but one
24:23
Speaker 3: of the guys you quoted said, things take much longer
24:27
Speaker 3: to happen than you ever thought possible, but when they
24:31
Speaker 3: do happen, they happened much faster than you ever dreamed of.
24:36
Speaker 2: Carrie in my book Light in the Dark Place, which
24:41
Speaker 2: I wrote when I was in prison, okay, I mean
24:44
Speaker 2: I met it. I mean things came to in prison
24:46
Speaker 2: that were stunning. In fact, some of the things I wrote.
24:49
Speaker 2: Marshall read them and he said, send them to Connie Kellogg.
24:52
Speaker 2: This is nineteen ninety nine. I don't know if you
24:54
Speaker 2: are you aware of an Eckharch police book, The Power
24:57
Speaker 2: of Now?
24:57
Speaker 4: Oh yeah, the Power of Now. Yeah, yeah, this is
25:01
Speaker 4: a very perfect book.
25:03
Speaker 2: Yeah, very forgout Well. Marshall called me up in nineteen
25:07
Speaker 2: ninety nine and he said, Darrel, I want you to
25:08
Speaker 2: read a book. And I said what he said, Well,
25:12
Speaker 2: phone Connie Kellogg. She's a publisher. She'll send it. Uce.
25:14
Speaker 2: It's The Power of Now. I never heard of it.
25:16
Speaker 2: It was not big. It would have only been published
25:18
Speaker 2: in Canada. Marshall was aware of it. He was trying
25:21
Speaker 2: to get the publishing rights to it. Couldn't do it,
25:23
Speaker 2: but he wanted me to read the book. So I
25:25
Speaker 2: phoned Connie and I read the book and I was
25:28
Speaker 2: stunned by the power of Now you've read it, okay.
25:32
Speaker 2: And one of the things that he said, Carrie was
25:35
Speaker 2: we're trapped. The mind is trapped between a future that
25:38
Speaker 2: that that doesn't happen in the past, all right, Carrie.
25:42
Speaker 2: When I was in prison and I meditated, Like seriously,
25:45
Speaker 2: there's a My joke is there's a difference of praying
25:49
Speaker 2: when you're flying over the hump then when you're sitting
25:53
Speaker 2: in church on Sunday.
25:55
Speaker 4: Yeah you ain't it?
25:56
Speaker 2: Yeah, I mean it, And Carrie, in a ten year
25:59
Speaker 2: prison sense, I meant it in a way I didn't
26:01
Speaker 2: when I was just being meditated the morning, all right,
26:05
Speaker 2: and it happened. I got it. And one of the
26:07
Speaker 2: sayings that came to me carry was this, And that's
26:09
Speaker 2: why Marshall had me get a whole clients. Will a
26:13
Speaker 2: future that never happens determine what we do today? Will
26:17
Speaker 2: the past that ever lingers be the reason I feel
26:20
Speaker 2: this way? All right? So that caught the essence of
26:23
Speaker 2: beck are told. But another one of the words that
26:26
Speaker 2: came absolutely reflected what you had just said, because I
26:30
Speaker 2: got there. I mean Carrie. I mean I got to
26:32
Speaker 2: where people got to for a short period of time
26:35
Speaker 2: when they when they were sating wanting to. People have
26:38
Speaker 2: sat in caves for years, people have given up sex
26:41
Speaker 2: and cigarettes hoping to get there. I got there and
26:44
Speaker 2: then it left. I didn't know what, but I got there.
26:47
Speaker 2: And one of the words came to me was this
26:48
Speaker 2: is it reflects exactly what you said, How long it took,
26:53
Speaker 2: how quick it happened. Yeah.
26:56
Speaker 3: Yeah, Well there's another joke that what's the difference when
27:00
Speaker 3: you pray in church and when you pray in the casino?
27:07
Speaker 2: Okay, finding about casinos. There's another thing that happened with
27:11
Speaker 2: it was about Marshall and me, all right. It was
27:13
Speaker 2: we'd both got to the law school, and in the
27:17
Speaker 2: early nineteen seventies Marshall called me and he said, Aryl,
27:19
Speaker 2: I want you to read a book, Lazy Man's The
27:21
Speaker 2: Way to Riches. Marshall wasn't lazy. I mean the fucker
27:23
Speaker 2: burned out as a drill bets. He's so intense, okay,
27:26
Speaker 2: but he wanted to get rich. Marshall really was driven, okay,
27:29
Speaker 2: And so he bought this book and it was basically
27:31
Speaker 2: what we call affirmations what you think about you know
27:34
Speaker 2: these envision you're med. It was written by used car dealers,
27:37
Speaker 2: the largest director of money sale book in the history
27:39
Speaker 2: of Mailord Marshall cut the book. We both did it.
27:43
Speaker 2: We were wealthy, I mean we were wealthy. So here,
27:48
Speaker 2: I'm a hippie, I'm a rich hippie. Marshall's a rich
27:51
Speaker 2: he's got three piece suits of Rolls Royce and so
27:54
Speaker 2: I had a three piece suit custom tator. I don't
27:55
Speaker 2: wear it, didn't wear it till my dollars a cent
27:59
Speaker 2: show thirty years later. All right, but I bought a
28:02
Speaker 2: three piece, beautiful English World worsted pinstripe suit with slightly
28:05
Speaker 2: go bugs. And Marshall says, we got to get you
28:08
Speaker 2: a gold watch. You know that what the watches that
28:10
Speaker 2: you were with, the three piece suit was the best,
28:12
Speaker 2: all right, and I hit hit. Okay, So we drive
28:15
Speaker 2: to Reno. This is where the the punchhop comes in, okay,
28:20
Speaker 2: and gambling in Reno. We drive a Reno in Marshall's
28:23
Speaker 2: rose voation of the late seventies because he said, this
28:25
Speaker 2: is where we're gonna find Grandpa's watch, all right, this
28:29
Speaker 2: is where we're gonna fly in the pawnshops, all right.
28:32
Speaker 2: So we went to this punchap we had biggest, little,
28:35
Speaker 2: biggest pawn shop in the world. This is where people
28:38
Speaker 2: solder everything they had because they lost everything they had
28:41
Speaker 2: the tables. So we're going rocking around there and I
28:44
Speaker 2: see this light. I'm in the watch, but I see
28:46
Speaker 2: this gold watch is really clean, very simple, you know,
28:50
Speaker 2: and I go I take it over to Marshall. I go, oh,
28:51
Speaker 2: this is the one I want. And Marshall looks at
28:54
Speaker 2: it and he goes, no, no, no, that's not it,
28:56
Speaker 2: all right, And then he comes up and he says,
28:58
Speaker 2: this is it? His watch he felt was ornate three
29:02
Speaker 2: times of thick, you know. The engraving on it was there,
29:05
Speaker 2: and Marshall pops off the engraving plate. I didn't know
29:08
Speaker 2: they had him cops it open, and on the engraving
29:11
Speaker 2: plate it said to Harvey E. Goldhen, to Harvey E.
29:16
Speaker 2: Golden from Grandpa Vernon. I mean Harvey had pawn Grandpa's watch.
29:24
Speaker 2: All right. God, Now, probably more people have heard about
29:28
Speaker 2: Harvey E. Golding today, who's I'm sure long God than
29:31
Speaker 2: ever before. But this was his watch and he had pawnded.
29:35
Speaker 2: So I buy the watch. We're driving back to San
29:39
Speaker 2: Francisco and Marshall's Roys, and he kept saying, Daryl Jarry show.
29:42
Speaker 2: I went over to the w so I showed him
29:43
Speaker 2: the watch. After three times, I thought, this is Marshall's watch.
29:47
Speaker 2: This is not mine. I got Marshall's watch. So what
29:50
Speaker 2: happened is that Christmas I took the gold watch. I
29:53
Speaker 2: had took it down now jeweler. I had the gold
29:55
Speaker 2: plate run over and said Merry Christmas from Darryl Shoe
29:59
Speaker 2: into Marshall two and gave it to Marshall for his
30:01
Speaker 2: For Christmas. Marshall gave me a gold watch shape. Now
30:06
Speaker 2: if you go back to my videos, all right, that
30:10
Speaker 2: I did, and and if you I had my video
30:13
Speaker 2: channel and it was I'm in that banker's suit, in
30:17
Speaker 2: that banker suit, the pinstripe bankers to John Cooper of
30:20
Speaker 2: London English World wors there's you can see at times
30:24
Speaker 2: that gold watch Hane on it. That's the gold watch
30:27
Speaker 2: Chane that Marshall gave me. And I never had a
30:30
Speaker 2: watch on the ed of it. Wow.
30:32
Speaker 3: Hey, what's the name of that book again? The lazy
30:35
Speaker 3: Man's Guide turned the lazy.
30:36
Speaker 2: Man's Way The richest. Yeah, he was a used car salesman,
30:40
Speaker 2: carry and and and this was nineteen seventy three, and
30:44
Speaker 2: the book was ten dollars, but Marshall bought it and
30:47
Speaker 2: it was It came out in nineteen seventy three, and
30:48
Speaker 2: it was ten dollars or money back guard or you
30:50
Speaker 2: get your money back. Well, ten dollars was probably what
30:53
Speaker 2: sixty seventy dollars today in today's money. All Right, this
30:56
Speaker 2: was the largest book mail order book ever sold direct
31:01
Speaker 2: mail order, in the history of mail order. This book
31:03
Speaker 2: took off, all right, This book became what shockge Gowen's
31:07
Speaker 2: book on Affirmations came like eight years later, all right.
31:11
Speaker 2: And it was very simple. I mean, Joe Carbo was
31:14
Speaker 2: not a metaphysician. He was e his card dealer. He
31:16
Speaker 2: said he had a TV show. He was going broke.
31:19
Speaker 2: He had a dog. He said. Maybe you remember in
31:21
Speaker 2: southern California, I used to have my German shepherd on
31:23
Speaker 2: my cars. Right, I mean, this is no Carbo. And
31:27
Speaker 2: he said he was going broke and somebody gave him
31:29
Speaker 2: this piece of paper with these instructions. And the instructions
31:32
Speaker 2: were real, he said, basically it said you don't he said,
31:37
Speaker 2: the mind is you get basically what you're focusing on.
31:41
Speaker 2: And most of us focused on our worries, most of
31:44
Speaker 2: us focused on we're afraid of. And Joe Carbo said,
31:47
Speaker 2: to focus your mind, write three lists to get what
31:49
Speaker 2: you want. The first list should be what you need, okay,
31:54
Speaker 2: what you need, The second list what you want in
31:59
Speaker 2: your ideal. Me out. The third list, Joe said, how
32:03
Speaker 2: you want to be. If you want to be more compassionate,
32:06
Speaker 2: or more directed, more whatever, Okay, you're a free list.
32:10
Speaker 2: Then Joe said, go through each of the list and
32:12
Speaker 2: see if any of those things conflict with each other.
32:15
Speaker 2: You don't want any conflicts between I want to travel
32:18
Speaker 2: the world and the other one says I want to
32:20
Speaker 2: be a teacher, I mean a school. You can't travel
32:24
Speaker 2: the world constantly, he said, Eliminate one of them, he said,
32:27
Speaker 2: because you can always change it later. When you get one,
32:30
Speaker 2: you can do the other, all right. And he said, Also,
32:32
Speaker 2: when you want a certain amount of money, don't write more.
32:36
Speaker 2: If you want, let's say, in today's numbers, a million
32:40
Speaker 2: dollars a year, don't write ten million. Because you're gonna
32:43
Speaker 2: have anything if you can. If you were truly happy
32:46
Speaker 2: with that, because you want to align that figure with
32:49
Speaker 2: what your heart wants, not what your mind thinks is possible,
32:52
Speaker 2: because if you do that, it's not gonna work, because
32:55
Speaker 2: it's the power. It's like accessing your real desires. You're
32:59
Speaker 2: accessing what you really want, what you really need, how
33:01
Speaker 2: you want to do it. And then Joe said, write
33:03
Speaker 2: these down a little stree by, find the piece of paper.
33:06
Speaker 2: And Day said, I don't understand why you do this,
33:09
Speaker 2: but he says it's necessary. He said, put everything in
33:12
Speaker 2: the present tense, so you don't say I'm traveling the world.
33:16
Speaker 2: I want to travel the world to say I am
33:18
Speaker 2: traveling the world, all right, and I am. And then
33:22
Speaker 2: he said, when you read that every morning and every night,
33:26
Speaker 2: imagine you're traveling the world. Imagine and then let it go.
33:31
Speaker 2: Let it go. And this was the essence of Joe
33:34
Speaker 2: Carver's book. Marshall had his cards, I had mine. We
33:39
Speaker 2: never exchanged cards. But Carrie, when Marshall called me up,
33:43
Speaker 2: Marshall told me this Darrel I broke and I said carry.
33:47
Speaker 2: I said, Marshall, you're broken wing tip brokes. I've broken
33:52
Speaker 2: flip offs. There's that different, Okay. Three years later, nineteen
33:58
Speaker 2: seventy five, Marshall is living next to Diane Feinstein with
34:03
Speaker 2: a Rolls Royce a Corvette. He's on the cover of
34:07
Speaker 2: New Age magazine for being a new Age businessman and
34:11
Speaker 2: I am a hired drug dealer. The money comes the
34:15
Speaker 2: way it comes. You don't say how you're gonna get rich.
34:18
Speaker 2: It just comes the way I come.
34:20
Speaker 4: It just happens.
34:21
Speaker 2: That just happens. You're sucking it in and that's joke.
34:25
Speaker 2: That's the book.
34:26
Speaker 4: I mean, it was phenomenal, phenomenon, pretty remarkable, and I
34:32
Speaker 4: believe in such things.
34:34
Speaker 3: I know affirmations have a power unto themselves the mind.
34:39
Speaker 2: That's why people who are training for the Olympics, they
34:43
Speaker 2: have coaches seeing them imagine themselves as winners, all right.
34:47
Speaker 2: They now everybody who's being coached in that way is
34:52
Speaker 2: seeing themselves a winner. There's only going to be one winner.
34:55
Speaker 2: But let me tell you this, Carrie, I will guarantee
34:58
Speaker 2: this this, as much as I know about the positive,
35:01
Speaker 2: each one of them is going to be swimming better
35:03
Speaker 2: than he had if he had not done that. You
35:07
Speaker 2: may not get that thing that you want, but you're
35:10
Speaker 2: gonna be better at what you want than you would
35:14
Speaker 2: had you not done it, and much of what the
35:19
Speaker 2: power of that comes from when you're no longer mind
35:22
Speaker 2: tripping on what's gonna happen if I don't do this
35:24
Speaker 2: or I don't do that. You get that stuff out
35:26
Speaker 2: of your head, You focus on what you want, and
35:31
Speaker 2: then you give thanks word. It's gratitude. That's why I
35:34
Speaker 2: learned on the backslide. We're a part of something. The
35:37
Speaker 2: ability to do this didn't come from us, the ability
35:40
Speaker 2: that create We didn't create ourselves with that ability, but
35:44
Speaker 2: we have it. That's why the power of thought and
35:46
Speaker 2: the power of is that that power positive thinking? Now
35:50
Speaker 2: why does your why why does positive think you? Work?
35:53
Speaker 2: Because it does because Terry, we all know there's a
35:56
Speaker 2: difference between people who think positively and people think they
36:02
Speaker 2: happiness is but also in terms of what they eat.
36:04
Speaker 2: You cannot get what you want unless you're positive that
36:07
Speaker 2: you can get it. It doesn't mean you're going to
36:09
Speaker 2: get it, but I tell you the chances are a
36:12
Speaker 2: lot greater if you think you're gonna get it.
36:15
Speaker 3: So all there is to it, no, I totally agree.
36:19
Speaker 3: I can see the wisdom to it. And hey, if
36:22
Speaker 3: you want that list, I will shoot you at PDF
36:26
Speaker 3: with sample things that I've used in the past, and uh,
36:32
Speaker 3: I think you know. To me, list number three is
36:37
Speaker 3: really the most important because that's who you are. Externalities
36:44
Speaker 3: don't really make you happy.
36:46
Speaker 2: That's Kerry. That's why he had a Most people's list
36:49
Speaker 2: they never included that. Joe Carbo said, if you want
36:53
Speaker 2: he said, there's a if you want to be happy,
36:55
Speaker 2: to see yourself a certain way and that and that's
36:58
Speaker 2: what it is. And if you want to be happy,
37:01
Speaker 2: if you don't want a worry, you want to be focused,
37:03
Speaker 2: you want to be more compassionate. There's a thing I
37:06
Speaker 2: Randy Kerr and I said to myself before, because it's
37:08
Speaker 2: not in my nature necessary to be so all right,
37:12
Speaker 2: and this is like number three and number three was
37:15
Speaker 2: in five things. And the first thing is that be kind,
37:20
Speaker 2: speak truth, love others, show grace, be grateful. You know
37:27
Speaker 2: why I say those words carry because it's not generally
37:31
Speaker 2: in my natural inclination to do so often.
37:35
Speaker 3: I couldn't agree with you more. You know, it's so interesting.
37:42
Speaker 3: That's like the four agreements. You know, people don't.
37:47
Speaker 4: Realize how powerful they are and how hard they are
37:49
Speaker 4: to do, how.
37:50
Speaker 2: Hard they are to do easy to say hard to do. Yep.
37:56
Speaker 3: Yeah, that's weird and they apply to everything everything.
38:01
Speaker 2: Yeah, So all right, Darrell, like.
38:03
Speaker 3: Good you doing anything with your website? Is there any
38:06
Speaker 3: place we can lead your stock with now.
38:09
Speaker 2: What I've done? Yeah? Carry for you know. I had
38:12
Speaker 2: this YouTube channel and I started in twenty eleven and
38:17
Speaker 2: it was basically all on money until I started getting
38:20
Speaker 2: the spirituality, but basically and it got half a million views,
38:23
Speaker 2: which is a lot, all right. And I had done
38:26
Speaker 2: any any videos for years, and now I'm starting it
38:30
Speaker 2: up again. So if you go to my website drshom
38:33
Speaker 2: dot com, you're gonna find at the bottom my new
38:36
Speaker 2: videos and what I'm doing with that. I've got a
38:39
Speaker 2: new video series called The Great Rearrangement. I believe that
38:43
Speaker 2: what we're going to go through in the next four
38:46
Speaker 2: to five years, maybe six, but I think it's in
38:49
Speaker 2: that realm I call the Great Rearrangement, and this is
38:52
Speaker 2: the period of we're transtiting from the collapse of present
38:56
Speaker 2: systems to the emergence of what is going to come
38:59
Speaker 2: in the future. I have no idea what the system's
39:01
Speaker 2: going to look like. I have no idea what the
39:04
Speaker 2: system is going to be, but I have the faith
39:06
Speaker 2: I didn't have before that it's going to be better
39:09
Speaker 2: than where we are now.
39:11
Speaker 5: Don't forget.
39:12
Speaker 3: We got the AI now, which which should make so
39:16
Speaker 3: many things possible for all of you out there that
39:19
Speaker 3: were never possible before. I couldn't have written seven books.
39:23
Speaker 3: I had, literally darrel. I had four half completed books
39:28
Speaker 3: sitting in a file on a drive, and you know,
39:34
Speaker 3: I took them out, I threw them into AI. It
39:37
Speaker 3: cleaned it up, and then I started. I just took
39:40
Speaker 3: my phone, put it in the recorder mode and started
39:44
Speaker 3: talking and I did tens of thousands of words and
39:49
Speaker 3: then threw it into AI and boom, and then then
39:53
Speaker 3: I edited it. You can't just throw this stuff up there.
39:57
Speaker 3: And the same thing with an armstrong economic code here
40:02
Speaker 3: and the prior book. Yeah, I had all of these
40:05
Speaker 3: podcasts that I did with Marty and they wait.
40:08
Speaker 2: Put it together eight years. That's brilliant.
40:11
Speaker 3: And what was great was the the calls that he made.
40:17
Speaker 3: Nobody had ever gone back and actually checked his calls, but.
40:21
Speaker 4: I had over twenty three of them.
40:23
Speaker 3: Like when the first time I interviewed him in twenty eleven,
40:28
Speaker 3: after he had gotten out of jail, he said Dow
40:32
Speaker 3: like good twenty two thousand or I think thirty two thousand.
40:36
Speaker 3: And that was an insane call because I think at
40:39
Speaker 3: the time that Dow was like at eleven thousand.
40:41
Speaker 2: Yes, yes, look at it. Hit Carrie. Let me tell
40:46
Speaker 2: you about that, because you did something that was very interesting.
40:49
Speaker 2: I was aware of Martin Armstrong too, Okay. I mean,
40:52
Speaker 2: I'm a writer. I write about this stuff. And Martin
40:54
Speaker 2: was a player as opposed to me. I was just
40:57
Speaker 2: an observer. And I knew that Martin was an important
41:00
Speaker 2: player that he had. He had such a following in Japan.
41:04
Speaker 2: He was like they had seen him as an economic
41:07
Speaker 2: most redobs, all right, he was, so he was. He
41:10
Speaker 2: had called the top of the knee Cap to the
41:12
Speaker 2: Japanese stock market in nineteen ninety one. Apps that's where
41:16
Speaker 2: he got his reputation. And he got it following that
41:19
Speaker 2: included Kissinger, Satcher, all these other everywhere everybody, and they
41:24
Speaker 2: went after it. They went after it, okay, and they
41:27
Speaker 2: threw him in prison and blah blah blah. But anyway,
41:29
Speaker 2: so I knew Martin, I knew his story, and I
41:32
Speaker 2: also and and and what happened is Martin had talked
41:35
Speaker 2: about this cycle, his economic cycles and well right cycle.
41:41
Speaker 2: But I happened was right before I gave my talk
41:45
Speaker 2: at the PDN in two thousand and seven. Okay, I'm
41:48
Speaker 2: reading one of his articles because I find stuff on
41:51
Speaker 2: the web that almost nobody could find. I really did
41:54
Speaker 2: at that.
41:54
Speaker 4: It was at the time he was exailed for years.
41:58
Speaker 2: The year I knew.
41:59
Speaker 3: Written typewriter with hand drawing diagrams, and it was a
42:03
Speaker 3: typewriter that had like broken letters on it.
42:06
Speaker 4: You know, it's like a bitch to read this.
42:09
Speaker 2: This was this was something he had written before he
42:11
Speaker 2: went to prison. Okay, this was some obscure article that
42:15
Speaker 2: was floating around the internet that I found. And in
42:18
Speaker 2: this Armstrong told how he made his predictions, how it
42:22
Speaker 2: came about, and he did that. He said this, he
42:25
Speaker 2: went back through history and saw all these economic catastms huge,
42:30
Speaker 2: not you know, not little move, big moves. Okay, so
42:34
Speaker 2: he took the big moves and he drew a line
42:38
Speaker 2: between him and he measured how long that was.
42:41
Speaker 4: And he got eight point six times.
42:44
Speaker 2: Yeah. Now I didn't know it, but he did it.
42:47
Speaker 2: He's explaining how he does it, all right, and I've
42:49
Speaker 2: reading it. I'm reading this on March twenty ninth or
42:55
Speaker 2: March March twenty ninth, two thousand and seven. You know
42:57
Speaker 2: why I remember that because I'm doing math, and I
43:02
Speaker 2: knew what the last economic collapse was. Our problem wasn't
43:06
Speaker 2: and I added that amount to that date. Motherfuck carry.
43:11
Speaker 2: It was March thirties, two thousand and seven to the day, to.
43:16
Speaker 6: The day, and the Dow dropped car boom the next day,
43:20
Speaker 6: and I went, wow, Now, stunning, stunning.
43:27
Speaker 2: Martin and I have a different, very different worldview, Okay,
43:32
Speaker 2: And he certainly did more. He was so important that
43:35
Speaker 2: they really went after him seriously, carried nobody had ever
43:38
Speaker 2: done over the year eleven eleven that half years on
43:41
Speaker 2: a contempture on the bullshit chart, contempt for contempt, a
43:44
Speaker 2: charge that people never serve over a year at the
43:47
Speaker 2: Max Square.
43:48
Speaker 4: Okay, worst dead beat dad, Yeah, it was.
43:51
Speaker 2: The worst, the worst, the worst. Anything nobody does that's
43:54
Speaker 2: ever they because.
43:55
Speaker 4: Murder served less well Martin.
43:58
Speaker 2: What he did was he got in the face of
44:02
Speaker 2: the boys who consider themselves the kingmakers, the playmakers, behind
44:07
Speaker 2: the scenes. The deep state. All right, the deep state
44:10
Speaker 2: is that well, you know, but there are no The
44:14
Speaker 2: deep state exists only as a term that we give
44:18
Speaker 2: two people with real power who you don't elect real power.
44:22
Speaker 2: All right, Now, whoever was the president during Martin Armstrong's
44:27
Speaker 2: prosecution carssation probably didn't know what fuck about him, Probably
44:30
Speaker 2: never have. They have their own problems trying to get
44:32
Speaker 2: boats and the obvious like that. But the boys who
44:36
Speaker 2: knew Martin Armstrong and were after him and wondered what
44:39
Speaker 2: Martin had what they thought could give them what they
44:42
Speaker 2: wanted and put his ass in jail and tell him
44:44
Speaker 2: where's the goal, where's this, Where's where's how did you
44:47
Speaker 2: do this? They were the ones who put Martin in there. Okay,
44:50
Speaker 2: they were the ones I know, I knew. Yeah, Martin
44:54
Speaker 2: pissed them off. That's what it's like, pissing up John
44:59
Speaker 2: Gotti for some reason. Well, first he comes into your
45:03
Speaker 2: deli in New York and asks for a pistrami and
45:06
Speaker 2: you you know, and you hand them off to think
45:08
Speaker 2: because he's a pistrami thing. And he opens up and
45:10
Speaker 2: he goes just motherfucking things up. Is it? Goddamn, it's
45:14
Speaker 2: it's it's corn bay. I mean you took it as
45:18
Speaker 2: a nostrami. Shake you hand it? This guy all he
45:20
Speaker 2: is and some Italian motherfucker came out the straight dressed
45:23
Speaker 2: nice Yeah, oh I'm sorry, sir, here give me a
45:27
Speaker 2: and the mother guy I hate cornedby you mother. You
45:30
Speaker 2: gave me God, it's what Martin did. Martin was not
45:35
Speaker 2: trying to kiss them off. Martin was merely trying to
45:38
Speaker 2: continue an already successful assent in. This was the power
45:43
Speaker 2: that he went further than I'm sure he just thought
45:45
Speaker 2: he was going to. That was spectagglar. But Martin pulled off.
45:49
Speaker 2: What happened, it was even what was worse however, all.
45:53
Speaker 3: Right, well you know what his problem was. His problem
45:56
Speaker 3: was he believed that the truth would set him free.
46:00
Speaker 3: I am yes, he thought, if I just tell the truth,
46:05
Speaker 3: I need to get out here.
46:06
Speaker 2: Yeah. Well, Kerry Martin's we all have our naive ding.
46:11
Speaker 2: We all are here to learn what we don't know.
46:14
Speaker 2: I know one thing, Martin Armstrong is a wiser man
46:19
Speaker 2: than he was when this started.
46:21
Speaker 3: Oh absolutely, you know, because that's the thing that impressed
46:24
Speaker 3: me most. You know, it was a put up job.
46:28
Speaker 3: He spent seven and a half years for contempt. Then
46:31
Speaker 3: they said, plead guilty to fraud and you'll get credit
46:34
Speaker 3: for time served. Yep, sure, and he hidn't. And Comy
46:38
Speaker 3: was at one point the head of the US Attorney
46:42
Speaker 3: Criminal Division when a lot of this was going on.
46:45
Speaker 3: I don't know if he had anything to do with
46:47
Speaker 3: it or not, just a point of fact. But what
46:50
Speaker 3: amazed me most about him I talked to him right
46:53
Speaker 3: after he got out of jail. He was not it
46:55
Speaker 3: or he was not angry, you know, he just I
47:00
Speaker 3: think he had a mission. He's doing it. Yeah. You know,
47:03
Speaker 3: he's got thousands of clients all over the world, and
47:07
Speaker 3: the same people who are as clients before he went.
47:10
Speaker 2: Away are as clients now, are clients.
47:12
Speaker 3: Now, and now he just can't run a hedge fund
47:15
Speaker 3: and he's probably better off because they can't get it.
47:19
Speaker 2: They can't get he You know. The thing that amazes
47:23
Speaker 2: me about Martin because I knew you were interviewing here
47:24
Speaker 2: ever close. Yet Martin is living in Australia. Okay, Well,
47:31
Speaker 2: Australia has a law that you can't go there if
47:34
Speaker 2: you're a if you've been convicted, if you're a groom.
47:38
Speaker 2: All right, So Martin is living in a place where
47:44
Speaker 2: really they have laws that he can't live. Yeah, but
47:48
Speaker 2: they've given him permission so they've given him refuge.
47:53
Speaker 5: All right, Sorry, we got to go, so dr Shoon
47:58
Speaker 5: dot com and Hey, questions or comments for Daryl myself,
48:04
Speaker 5: shoot me an email kl Atcarrie Lutz dot com.
48:07
Speaker 3: Don't forget about my latest book, this one. It's called
48:13
Speaker 3: The Speeder's Guide to Avoiding Tickets. You can find out
48:17
Speaker 3: more about it on Speedersguide dot com. And I wrote
48:22
Speaker 3: it continuation of a retired state trooper back in nineteen ninety,
48:27
Speaker 3: a New York State trooper who blew the whistle on
48:30
Speaker 3: the speeding industrial complex. It's only gotten worse. You get
48:34
Speaker 3: a ticket for speeding now you pay two hundred and
48:36
Speaker 3: fifty bucks. You think you're done until you get your
48:39
Speaker 3: insurance bill, and then you wind up paying three thousand
48:42
Speaker 3: dollars over five years. It's nuts, So it's needed. Daryl,
48:47
Speaker 3: thanks for coming on and we will talk to you
48:49
Speaker 3: real soon.
48:50
Speaker 1: Thanks Gary, thanks for listening to Carrie Letz's Financial Survival Network,
48:55
Speaker 1: your solution to today's trying times. For the latest, go
48:59
Speaker 1: to find Financial Survival neetwork dot com. Financial Survival Network
49:04
Speaker 2: Now more than ever