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The Most Important Forecast Martin Armstrong Has Ever Made — Ukraine to Disappear - #6279 · Financial Survival Network

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Speaker 1: I've never seen our computer do a forecast on the
0:03
Speaker 1: country that basically says it will not exist, and that's Ukraine.
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Speaker 2: You're listening to Carrie Letz's Financial Survival Network, where you
0:11
Speaker 2: get valuable information you just can't find anywhere else to
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Speaker 2: thrive in today's trying times. You need the Financial Survival
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Speaker 2: Network now more than ever. Go to Financial Survivalnetwork dot
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Speaker 2: Network now more.
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Speaker 3: Than ever, and welcome. This is Financial Survival Network. I'm
0:38
Speaker 3: your host, Carrie Letz, and we are sitting down with
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Speaker 3: the esteemed Forecaster I call him the Master Forecaster, Martin Armstrong,
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Speaker 3: and just completed this book. It's not the final copy.
0:52
Speaker 3: The printer screwed up, but the copies are on the way,
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Speaker 3: so this should suffice. And it's called The World according
1:01
Speaker 3: to Martin Armstrong. Conversations with the Master Forecaster by yours truly,
1:06
Speaker 3: Carrie Lutz and Martin, And like, I'm really proud of
1:10
Speaker 3: this book because you know, we all know your milestones,
1:14
Speaker 3: we all know the things that you've accomplished, the calls
1:16
Speaker 3: that you have made. But we put it pretty much
1:19
Speaker 3: from twenty eleven to current everything under one cover. In
1:24
Speaker 3: your words, I didn't put anything in your in your mouth.
1:27
Speaker 3: I summarized, I took did key points takeaways for each discussion.
1:32
Speaker 3: But this really is a testament to you and the
1:35
Speaker 3: accuracy of your calls. You're not one thousand percent. Nobody is.
1:39
Speaker 3: But the big ones like breaking the Swiss peg, like
1:43
Speaker 3: for years you told me that gold was not ready
1:45
Speaker 3: to do anything, and it hovered around one thousand bucks.
1:49
Speaker 3: The Dow the biggest one that I came up with,
1:51
Speaker 3: the first time I think I interviewed you, you said
1:54
Speaker 3: Dow thirty two thousand, and I'm like, who is this guy?
1:57
Speaker 3: He's got to be crazy. And then in two thousand
2:00
Speaker 3: in eighteen, you further clarified the call and said that
2:03
Speaker 3: daw would be hitting forty five thousand between twenty twenty
2:07
Speaker 3: two and twenty twenty four, so that's six years before
2:13
Speaker 3: it happened. Nobody believes this. And then the number of
2:18
Speaker 3: deep State haters on social media, it shocks me. They're
2:23
Speaker 3: all phony accounts saying nasty things about you. They don't
2:27
Speaker 3: know anything. I mean, this book, Martin needed to be written.
2:32
Speaker 1: Well. I think that where people need to understand is
2:37
Speaker 1: that there are two ways to do research. One you
2:41
Speaker 1: start with a theory and then you go and try
2:44
Speaker 1: and cherry pick facts to support what you said. And
2:47
Speaker 1: the other way is you actually just go out to
2:51
Speaker 1: try and understand how something works, and you bump into
2:54
Speaker 1: stuff those you can't discover what you already know. So
3:01
Speaker 1: like you know, Penicillan, you know, discovered by a mistake,
3:04
Speaker 1: et cetera. What I bumped into shocked me. I mean
3:09
Speaker 1: because I didn't believe that that would be possible. That okay, fine,
3:15
Speaker 1: I understood there was a business cycle, but I didn't
3:19
Speaker 1: know that it would be actually precise, I mean right
3:24
Speaker 1: down to the day. I mean I did a model
3:28
Speaker 1: just you know, in twenty two when the Russia Ukraine
3:33
Speaker 1: event began, and here it projected at a common period
3:42
Speaker 1: right to the day of May fifteenth, and I was
3:46
Speaker 1: put out, you know, you know, basically almost three years
3:49
Speaker 1: in advance. How does the you know, the peace meeting
3:55
Speaker 1: take place exactly on that day. It baffles me. This
4:02
Speaker 1: is not my opinion. It's just something that I think
4:08
Speaker 1: others will maybe you know, explore and more. I mean
4:15
Speaker 1: often what it is I think is that you know,
4:20
Speaker 1: people were never appreciated during their lifetime. It's always afterwards,
4:27
Speaker 1: like you know, Tesla said, oh he was ever, you know,
4:30
Speaker 1: he tried to help humanity and all he got in
4:32
Speaker 1: return was insults and humiliation. And it's so true. I mean,
4:39
Speaker 1: you had Bruno who was burned alive at the stake
4:45
Speaker 1: because he agreed with Copernicus that the earth went around
4:50
Speaker 1: the Sun rather than the other way around. They've burned
4:52
Speaker 1: them the live for that. So you throughout history it's
4:57
Speaker 1: always been this uh sort of reaction to people, I think,
5:04
Speaker 1: and in my case it's you know, back in the eighties,
5:10
Speaker 1: we had a bank in Lebanon and they found the
5:16
Speaker 1: ledger downstairs with somebody had written down the price of
5:21
Speaker 1: the Lebanese pan every day to mid eighteen, you know, hundreds.
5:25
Speaker 1: And they asked if we could build a model. I
5:26
Speaker 1: said sure, They said it over. We put it in.
5:30
Speaker 1: When the computer came out and said your country's going
5:32
Speaker 1: to fall part in eight days, I thought there was
5:35
Speaker 1: something wrong with the data. I called them. I said, look,
5:39
Speaker 1: there's something's got to be wrong here. It's such countries
5:41
Speaker 1: you've got to fall part in eight days. Very calmly
5:44
Speaker 1: they said, well, walk came and see what would you
5:46
Speaker 1: recommend and I said, well, it said Swiss Frank. I said,
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Speaker 1: this very strange conversation. Eight days later the Civil War began.
5:56
Speaker 1: Then we had a client in Saudi Arabia who was
6:00
Speaker 1: a big shipper, and he calls and says, Iraq's going
6:04
Speaker 1: to start attacking shipping the Gulf tomorrow. What do you
6:08
Speaker 1: think Old's going to do? I see you tell me
6:09
Speaker 1: a war is going to start tomorrow. Yeah, yeah, yeah.
6:13
Speaker 1: So I began to realize over time that what the
6:18
Speaker 1: computer was picking up was simply that somebody always knows
6:23
Speaker 1: there's going to be an event, and they move their
6:25
Speaker 1: money in events, you know. So we became probably very
6:30
Speaker 1: famous with the Russian call. I stood up in June
6:33
Speaker 1: of ninety eight and I said, look, Russia's going to collapse,
6:37
Speaker 1: and to give it about thirty days and London Financial
6:42
Speaker 1: Times it's knock in the back room and then they
6:45
Speaker 1: stick that on the front page. I went, oh my god.
6:51
Speaker 1: And I was a long term capital management crisis and
6:54
Speaker 1: all that stuff, and the SEC it up using our
7:03
Speaker 1: our model looking for people who bo puts on the
7:08
Speaker 1: airlines a few days before nine to eleven. But there's
7:14
Speaker 1: always somebody that knows and even if you look at
7:18
Speaker 1: the harmas attack, the defense stocks started rising about seven,
7:23
Speaker 1: you know, seven days before. It's just it's very interesting.
7:30
Speaker 1: But I mean, this is not my opinion. And what
7:34
Speaker 1: I bumped into is that there is an order to
7:39
Speaker 1: what it may appear to be, you know, chaos. There
7:42
Speaker 1: is no such thing as a random walk, you know theory,
7:46
Speaker 1: that's that's total bullshit. Nothing's random, you know. I learned
7:53
Speaker 1: that basically in high school, the economics class, they'd say,
7:58
Speaker 1: everything's random, so we can manipulate. Later. Then he went
8:00
Speaker 1: to physics class and they said nothing's random. I said,
8:04
Speaker 1: one of you guys are lying, you know, but it's
8:09
Speaker 1: so it you know, I want people to understand that. Look,
8:12
Speaker 1: I discovered something that I didn't think existed, but it
8:17
Speaker 1: does all the turning points. You take the eighty seven
8:25
Speaker 1: crash right to the day October nineteenth, that same thing,
8:30
Speaker 1: just calculating out gives you the exact day of the
8:33
Speaker 1: high in nineteen ninety eight of July twentieth. Uh you
8:39
Speaker 1: go further off, it's the exact day of the low
8:42
Speaker 1: in the stock market in two o two, two oh seven.
8:47
Speaker 1: It goes up the exact day of the peak and
8:54
Speaker 1: the show where Real Estate Index. I mean they were
8:57
Speaker 1: calling that, you know, on the floor Armstrong's revenge. It
9:04
Speaker 1: it's not coincidence. I mean so many of these things,
9:10
Speaker 1: you know, even going back in time, I mean the
9:14
Speaker 1: very day that Hitler becomes chancellor, right on the model
9:18
Speaker 1: date to the day. So there's I don't know what
9:23
Speaker 1: it is, but there's something that is there which shows
9:31
Speaker 1: that if we really understood how the economy works, I
9:39
Speaker 1: think it's it's more like the biblical story. And maybe
9:43
Speaker 1: that's the lesson of Joseph telling the Pharaoh there'll be
9:48
Speaker 1: seven years of drought and seven years of of of plenty.
9:52
Speaker 1: So if you understand that there are definitive cycles, so
10:00
Speaker 1: let's do re stockpile your food because you know what's
10:03
Speaker 1: going to get worse on the other side.
10:05
Speaker 3: Yeah, so so let's bring it to you. Made a
10:09
Speaker 3: call actually today about Ukraine that it's turning point here.
10:16
Speaker 3: Are we going to have peace there? Or are we
10:18
Speaker 3: going to have a world war?
10:22
Speaker 1: No? I think world war. You know, Putin didn't show up. Uh,
10:30
Speaker 1: you know, looking you have to judge things not by
10:34
Speaker 1: what you think, but what other people think, how they respond,
10:40
Speaker 1: and look, they suckered Putin in the first time. Uh
10:49
Speaker 1: with the MINSA greets, Oh, the dumb boss. You should
10:53
Speaker 1: have a right to vote, crimea, et cetera, to separate.
10:58
Speaker 1: They're all Russians there, They've been living there for hundreds
11:00
Speaker 1: of years, crimea. Fifteen percent of the population in Mongol.
11:05
Speaker 1: There are not Ukrainians there period, right, And in twenty fourteen,
11:14
Speaker 1: you can look it up the Odessa massacre. As soon
11:18
Speaker 1: as the revolution took place, what did they do. They
11:21
Speaker 1: went into a Dessa and we're grabbing any Russians speaking
11:26
Speaker 1: people off the street, killing them. They ran into the
11:31
Speaker 1: trade building and they set it on fire and burned
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Speaker 1: them all lives. You know, the Western press is such
11:41
Speaker 1: a piece of shit. I mean, if that was Ukrainian,
11:44
Speaker 1: oh that would be the front page. Oh they're Russians.
11:47
Speaker 1: Who gives a shit? You know? Okay, the bias in
11:52
Speaker 1: the press is just so overwhelmingly that all they're doing
11:57
Speaker 1: is beating the war drums and cheering it me everything.
12:01
Speaker 1: You know, I just saw one this morning.
12:03
Speaker 3: Uh.
12:04
Speaker 1: Oh, Putin's a walking you know, death band. I mean,
12:09
Speaker 1: the act is if they have no clue what they're
12:12
Speaker 1: talking about. Zero Putin is the most responsible guy and
12:19
Speaker 1: you replace him and you're going to get one of
12:21
Speaker 1: their neo cards like we have, and then it is
12:24
Speaker 1: for long. The criticism he gets in Russia is that
12:32
Speaker 1: he only went in to protect the dumb boss. He
12:35
Speaker 1: should have gone in and actually going in and taking
12:40
Speaker 1: all of Ukraine like we did to Iraq, and it
12:42
Speaker 1: would have been over in three weeks, shock and all.
12:46
Speaker 1: You know, he didn't want to do that, and it's
12:52
Speaker 1: you know, all these people, Oh he's evil. This really
12:56
Speaker 1: you don't know Russia and you expect, you know, you
13:02
Speaker 1: think that you can just bash Russia all the time.
13:06
Speaker 1: And those people, I mean, I know some Russians in
13:09
Speaker 1: an old friend of mine, I met her in Tokyo
13:14
Speaker 1: when she was a translator back then, so she's not political.
13:18
Speaker 1: But she asked me a question, why does everybody hate
13:22
Speaker 1: us so much? You know? And I said, it's what
13:26
Speaker 1: can I say, It's just, you know, it's ridiculous. It's
13:30
Speaker 1: because you you know, your country used to be communist.
13:35
Speaker 1: Now that's about it.
13:37
Speaker 3: Yeah, well, I don't know. I'm a little more optimistic,
13:42
Speaker 3: but because but it's certainly the possibility for this thing
13:47
Speaker 3: to explode. But if the US doesn't jump on the
13:51
Speaker 3: bandwagon here and lead it. I just don't see Europe
13:55
Speaker 3: getting their act together and actually actually making this thing explode,
14:02
Speaker 3: because they can't do it without the US as long
14:06
Speaker 3: as Trump holds fast. Whether I guess they can do
14:09
Speaker 3: a false flag go back to the old bag of tricks.
14:14
Speaker 3: But but you know, I certainly wouldn't doubt that. I
14:20
Speaker 3: certainly wouldn't doubt your thesis, Martin, I certainly will.
14:24
Speaker 1: I also have been talking to people in Romania. They're
14:31
Speaker 1: going to an election on the eighteenth, and they have
14:37
Speaker 1: woken up. They're very anti EU. They realize that the
14:43
Speaker 1: EU doesn't give two shits about Ukrainian people as long
14:49
Speaker 1: as if they all die fine, as long as they
14:51
Speaker 1: take a Russian with them, and.
14:57
Speaker 3: As they're willing to, that's a risk they're willing to.
14:59
Speaker 1: Take, right, Yeah, exactly. And they want to do the
15:03
Speaker 1: same thing with Romanians and they realize that, and that's
15:07
Speaker 1: why it's you know, they do not want to go
15:09
Speaker 1: to war with Russia, but this is what the EU
15:12
Speaker 1: is pushing, and they're very concerned that they rigged their
15:17
Speaker 1: last election and he was anti EU, uh and most
15:23
Speaker 1: people didn't realize what was at stake. NATO's biggest base
15:32
Speaker 1: was being constructed in Romania so they could attack Russia.
15:39
Speaker 1: And you know, they feel that they're going to their
15:42
Speaker 1: country is going to be destroyed, just like Ukraine for what,
15:46
Speaker 1: you know, and then you have the Europeans. Oh, if
15:51
Speaker 1: Ukraine falls, he'll come take the rest of Europe. For what.
15:56
Speaker 1: Europe has nothing, They have no energy, no gold, there's
16:01
Speaker 1: nothing other than you know, you walk into France and
16:05
Speaker 1: the French you're going to say, okay, you're here, are
16:08
Speaker 1: you going to pay our penches? Now? That's it? You know.
16:12
Speaker 1: The other way around, what I have heard out of
16:16
Speaker 1: Paris from extremely good sources is that McCrone thinks that
16:25
Speaker 1: just let all the Ukrainians die and Romanians and kill
16:29
Speaker 1: as many Russians as possible, and then they can walk
16:32
Speaker 1: in and take Russia. And then with seventy five trillion
16:38
Speaker 1: dollars worth of assets, it will be twice the size
16:42
Speaker 1: the US national debt, and Europe will rise to, you know,
16:47
Speaker 1: the pinnacle of the world like the Roman Empire again.
16:51
Speaker 1: And people in government, I can tell you I have
16:56
Speaker 1: heard them. They call Macron the petit Napoleon res emblance. Yeah,
17:04
Speaker 1: and then you have you know, this latest thing of
17:08
Speaker 1: coke and everything else.
17:09
Speaker 3: What's that about?
17:11
Speaker 1: Well, look, I knew Laura, he was one of my
17:15
Speaker 1: uh sources in Ukraine. Uh, he told me, Because it's
17:20
Speaker 1: got to be at least two years ago, if not longer,
17:23
Speaker 1: that Zilinsky was a cokete.
17:26
Speaker 3: Sure it looks like it. It's sure looks yeah sniffing,
17:30
Speaker 3: he's rubbing his nose. His eyes are like bulging out
17:33
Speaker 3: of his head. They're glazed. And so you know, one
17:38
Speaker 3: thing is like, I think the US or Trump would
17:42
Speaker 3: definitely like to stage a coup in Ukraine and get
17:44
Speaker 3: him out. But there's echoes of Vietnam and Beyodo. When
17:49
Speaker 3: we did it there, that was like the beginning of
17:51
Speaker 3: the end. And nobody has the guts to do it now.
17:55
Speaker 3: But really, if they if he ever wanted to stage
17:58
Speaker 3: a coup that would really help things out, that would
18:03
Speaker 3: be the time.
18:04
Speaker 1: Well, I mean May seventh last year, the very day
18:08
Speaker 1: on Model turned. It was intentive assassination on Zelenski, two
18:14
Speaker 1: of his colonels. He then fired his his bodyguard. He's
18:21
Speaker 1: now using British some Americans, I hear, because he doesn't
18:25
Speaker 1: trust Ukrainians. And I speak to some Ukrainians in the military,
18:31
Speaker 1: and they basically say if he was on fire, they
18:34
Speaker 1: wouldn't urinate on him until he was dead. Right, It's
18:40
Speaker 1: he's just say he could care less about the people.
18:47
Speaker 1: I mean, he had a piece towen Bars Johnson hopped
18:50
Speaker 1: on the plane and said, no, you're not allowed that
18:52
Speaker 1: peace the Ukrainians I speak to, I mean, you know
18:57
Speaker 1: their country is not being ruled by them. And this
19:02
Speaker 1: is why Zelenski keeps Marshall All going to prevent anybody
19:06
Speaker 1: from ever having election because he couldn't possibly win.
19:09
Speaker 3: Yeah, obviously he'd be gone, so onto more mundane things.
19:16
Speaker 3: So the market, you know, you've made the call sixty
19:19
Speaker 3: two thousand. By twenty thirty two we had the tariff disruption,
19:25
Speaker 3: which seems to have run its course. What's next for
19:29
Speaker 3: the for the market, most.
19:31
Speaker 1: Of them are and gold. You have to understand that
19:38
Speaker 1: there is this problem with war in Europe and the
19:43
Speaker 1: European governments the EU when they were forming it, they
19:48
Speaker 1: came to me. I met with him back in ninety eight.
19:51
Speaker 1: I said, okay, fine, this is how we create a currency.
19:54
Speaker 1: And you know hertmart Cole was the chancellor then, so
19:59
Speaker 1: he wouldn't you know, he knew that the German people
20:03
Speaker 1: would never vote to join the Euro and so he
20:08
Speaker 1: basically took him in without you know, the people being
20:11
Speaker 1: allowed to vote, and he insisted that there'd be no
20:15
Speaker 1: consolidation of the debt. And from a trader's perspective, I
20:19
Speaker 1: can pick up the phone and say buy me ten
20:21
Speaker 1: billion dollars the treasuries. When it comes to Europe, I'm
20:24
Speaker 1: still going to make the same decisions as if the
20:27
Speaker 1: Euro didn't exist. Do I went Germany? Do I went France?
20:30
Speaker 1: So I went Italy? So you can look, I mean,
20:33
Speaker 1: people were just trading all the spreads between them. So
20:36
Speaker 1: all you did was, yes, you created a single currency,
20:41
Speaker 1: but you didn't do that to the bomb market. So
20:45
Speaker 1: the problem you have is it exemplify basically by twenty
20:52
Speaker 1: ten when Greece got in their trouble. As soon as
20:55
Speaker 1: that happened, the traders went great, made a lot of
20:59
Speaker 1: money on that. Who's next, Oh, Spain, and they run
21:02
Speaker 1: over there. This is the problem that because there's no
21:08
Speaker 1: consolidated debt, one country gets into trouble and it's going
21:13
Speaker 1: to create a continue you know, a contagion, and then
21:17
Speaker 1: everybody's going to be looking at the Okay, who's next. Oh,
21:21
Speaker 1: look at France. They're they're well above Mustard Treaty levels.
21:27
Speaker 1: You know. I suggest reading Herbert Hoover's memoirs. You can
21:31
Speaker 1: get them online nineteen thirty one, and he's explaining right
21:37
Speaker 1: there how things happen exactly the same. He said, capital
21:42
Speaker 1: acting like on a loose canon or on the deck
21:44
Speaker 1: of a ship in the middle of a tempest. And
21:47
Speaker 1: it all started one country defaulting another, Britain defaulted, even
21:54
Speaker 1: Canada defaulted. So I mean, that's what took down nine
21:59
Speaker 1: thousand banks, not towers. But this is the same thing.
22:07
Speaker 1: And what what I mean is that Europe needs war
22:12
Speaker 1: because their economic system is collapsing. If you just look
22:18
Speaker 1: at total consumer spending in the world, and this is
22:22
Speaker 1: why the dour is the reserve currency, forget gold, all
22:27
Speaker 1: the other nonsense people put out. Out of every dour
22:32
Speaker 1: a consumer spends in the entire world, twenty five percent
22:36
Speaker 1: is America, all right, Europe, oh Carneieoh, we'll join with
22:42
Speaker 1: the EU to hell with the United States. Really, okay,
22:44
Speaker 1: you better shirt that hell out of Canada. Then the
22:48
Speaker 1: total consumer spending of all of Europe, all right, is
22:53
Speaker 1: a dour twenty nine out of ten. They're overregulated, et cetera.
22:59
Speaker 1: Europe is that the capitalization of the New York Stock
23:05
Speaker 1: Exchange alone is more than all the exchanges of Europe combined. Wow,
23:12
Speaker 1: I mean people don't realize Europe is you know, people,
23:17
Speaker 1: all of the US dollar is going to crash really
23:19
Speaker 1: all right, you're going to see you know, the US
23:23
Speaker 1: would be the last to fall. All right. An economic
23:30
Speaker 1: decline on a global scale starts in a peripherals, So
23:37
Speaker 1: pay attention to Europe. This is also why they're against
23:41
Speaker 1: peace because if they they see this as taking Russia
23:52
Speaker 1: is the only way to come out of this. Schwabs
23:57
Speaker 1: you'll you know, own nothing and be happy. Was all
24:00
Speaker 1: about government defaulting, all right, instead of saying we're going
24:05
Speaker 1: to default. Oh, we're going to believe you of your debt.
24:08
Speaker 1: So we're doing this for you because there goes all
24:11
Speaker 1: the punch your funds and everything else.
24:13
Speaker 3: You know, and you know I got a bridge to
24:16
Speaker 3: sell you in Manhattan, you know.
24:18
Speaker 1: Right, So you have to understand Europe is in really
24:25
Speaker 1: desperate shape. It's way overregulated. The German economy is actually shrunk,
24:35
Speaker 1: and I'm not talking about a recession. I'm talking about
24:38
Speaker 1: the number of businesses has declined. All right. They first
24:43
Speaker 1: they did the lockdowns with COVID, then the climate change
24:46
Speaker 1: and the sanctions on Russia. They have no energy, they
24:50
Speaker 1: have to import everything, all right, So this whole thing
24:57
Speaker 1: is just insane. You now have Earthen who has no
25:04
Speaker 1: She hasn't been elected. She is the dictator Europe has
25:10
Speaker 1: no process to allow people to vote for the head
25:13
Speaker 1: of the EU, never stands for election, and she's out
25:18
Speaker 1: there because one of the sales points to create the
25:26
Speaker 1: euro was, oh, don't worry, it won't be a dictatorship
25:29
Speaker 1: because it will take one consensus. So hungry is against war.
25:37
Speaker 1: What are they doing now? Okay, well we'll strip Hungry
25:40
Speaker 1: of the right to vote, So now it becomes a dictatorship.
25:44
Speaker 1: The two hundred billion they stole from from Russia. It's
25:52
Speaker 1: Hungry opposes that it's against international law. So what is
25:57
Speaker 1: she doing? Well, we're changing the definition of what it is. Yeah,
26:04
Speaker 1: I mean, look, it's like he's sending in troops to Vietnam. Oh,
26:07
Speaker 1: but they're peacekeepers or advisors, you know, Yeah, I mean,
26:12
Speaker 1: it's it just changed the label. You know, Altho're on
26:16
Speaker 1: the advisors you know, here's the here's the coordinates. Pushed
26:20
Speaker 1: this button, we call you know, oh you pushed it?
26:23
Speaker 1: I didn't. It's this is what goes on. I mean,
26:28
Speaker 1: Europe is serious trouble, so the markets will go up,
26:36
Speaker 1: all right. Uh, our clients in Europe or institutional clients,
26:43
Speaker 1: they've been moving their goals from Europe to America mainly
26:48
Speaker 1: because you know, the when the first bullet is shot,
26:56
Speaker 1: they are going to put on massive capital controls. You're
27:00
Speaker 1: already seeing this in Spain. All right, you need permission
27:05
Speaker 1: now just to take three thousand euros out. They restrict
27:10
Speaker 1: how much you get out as of an ATM. They're
27:16
Speaker 1: trying to eliminate cash as much as possible. The ECB
27:20
Speaker 1: is moving towards a digital currency to and they will
27:24
Speaker 1: cancel all paper currency period. US cannot do that because
27:31
Speaker 1: it would be unconstitutional. For that's why the FED has
27:35
Speaker 1: said no. Because the Fed, we need a search warrant
27:39
Speaker 1: to look at your account. They don't need that over there,
27:43
Speaker 1: So they're looking at clamping down all money. US, as
27:51
Speaker 1: I've said before, was bankrupt in eighteen ninety six. That's
27:54
Speaker 1: when you know JPM Morgan had to lend one hundred
27:57
Speaker 1: billion in goal U and it was World War one
27:59
Speaker 1: and two that brought all the money here to After
28:02
Speaker 1: World War two we had seventy six percent of the
28:06
Speaker 1: world official gold reserves. We became the financial capital of
28:11
Speaker 1: the world after World War One. And these people think
28:15
Speaker 1: a third time is going to be a charm. I'm
28:19
Speaker 1: sorry our computer. I've never seen our computer do a
28:24
Speaker 1: forecast on the country that basically says it will not exist,
28:28
Speaker 1: and that's Ukraine.
28:29
Speaker 3: Yeah, it's so.
28:34
Speaker 1: Is Zelenski doesn't give two ships about the people. I
28:38
Speaker 1: don't see him possibly uh stepping down and retiring there.
28:44
Speaker 1: They'll kill him. And you know where's he going to go.
28:52
Speaker 1: He doesn't have Biden here, so I guess maybe he's
28:56
Speaker 1: kissing up this to, you know, to Stammer in the
29:00
Speaker 1: UK and the crone.
29:03
Speaker 3: Trump sure fan of his.
29:05
Speaker 1: No, he's going to be you know, him and his
29:09
Speaker 1: family are going to be day period and you and
29:14
Speaker 1: when you what I mean is that if you Italian
29:18
Speaker 1: or Russian mafia, he screwed with them, they kill you.
29:23
Speaker 1: Even the Russian mafia they're afraid of the worst in
29:27
Speaker 1: the world, are our Median When this goes back a
29:31
Speaker 1: long way, that they kill you, your wife, the kids, and
29:37
Speaker 1: the dog. That don't want anybody coming back to retaliate.
29:42
Speaker 1: And that's what you're getting in the Balkans, this attitude.
29:49
Speaker 1: You know, Yugoslavia broke up, and you know, talk to
29:55
Speaker 1: people in Serbia and all those Armenians know this is
30:00
Speaker 1: this is the way Ukraine is. You talk to any
30:04
Speaker 1: any real country that borders them and they tell you
30:08
Speaker 1: don't do business with the Ukrainian Yeah, they are the
30:12
Speaker 1: you know, even the Panama papers show that they were
30:15
Speaker 1: the most corrupt country in the world.
30:17
Speaker 3: Yeah, we know that. So Martin, I got a question
30:20
Speaker 3: for you here on a more personal level, everything you've
30:24
Speaker 3: been through having your freedom taken away, was it worth it?
30:31
Speaker 1: Uh? Yeah, in a way. I mean it's it taught
30:37
Speaker 1: me things that I didn't question before. As you know,
30:43
Speaker 1: I you know, my father was a lawyer. I grew
30:45
Speaker 1: up with all. I thought there was a rule of law,
30:48
Speaker 1: and then you find out there is. It's all bullshiting.
30:52
Speaker 3: Department of just Us as you call it, right.
30:55
Speaker 1: Yeah, it's so people ask me, why aren't you bitter?
31:00
Speaker 1: Because honestly, I wouldn't have known what I know unless
31:05
Speaker 1: I saw it first firsthand. I mean, I had to
31:10
Speaker 1: run the law library there, and you know, initially there
31:16
Speaker 1: were you know, a lot of black kids coming in.
31:21
Speaker 1: They looked like there were thugs. But they all kept saying,
31:26
Speaker 1: you know, I was franked that wasn't my gun. Initially
31:31
Speaker 1: I didn't believe them. Then there was a black kid
31:38
Speaker 1: that came in that looked physically like he was retarded.
31:42
Speaker 1: And I'm looking at his his indictment, and it's always
31:46
Speaker 1: the same two cops. Now, there thousands of police in
31:50
Speaker 1: New York. Why is it always these two. And in
31:55
Speaker 1: his case, somebody came forward said it was frisked three times,
32:03
Speaker 1: no gun. They took them back to the wagon. Suddenly
32:07
Speaker 1: all they found it. Huh, they found the guy.
32:09
Speaker 3: I heard it before.
32:12
Speaker 1: So I said, look, I don't recommend people to go
32:16
Speaker 1: to trial because you always end up getting more time.
32:19
Speaker 3: Than it plead analyze you for exercising the rights.
32:23
Speaker 1: And lawyers, court appointed lawyers work for the government. They
32:27
Speaker 1: don't work for you. So I told them, you go
32:33
Speaker 1: to trial. I said, the jury's going to look at you,
32:38
Speaker 1: and I know they're not going to believe the government.
32:42
Speaker 1: So I told him to go any won my court
32:45
Speaker 1: appointed lawyer said to me, how do you feel that
32:49
Speaker 1: you helped a criminal get out? I said a criminal,
32:53
Speaker 1: I said, the jury found them minced. No, they didn't.
32:56
Speaker 1: They just didn't find enough evidence.
32:58
Speaker 3: Oh my gosh, the.
33:00
Speaker 1: Judge get this guy out of here. And he was
33:03
Speaker 1: a court appointed lawyer. I never met a single court
33:08
Speaker 1: appointed lawyer that ever gave two shits about the real
33:13
Speaker 1: about people. They just take their orders from the government, period.
33:17
Speaker 1: That's why. That's why they get appointed. They're part of
33:20
Speaker 1: the club.
33:21
Speaker 3: Part of the club, and you're not in it. So
33:22
Speaker 3: here's the second question. Would you do anything differently?
33:27
Speaker 1: Not really? I mean I survived. I mean, look, they
33:34
Speaker 1: even tried to kill me. I was in a coma
33:36
Speaker 1: for a week. All right, fine, but I came out
33:38
Speaker 1: of it. I'll put it this way. There are a
33:42
Speaker 1: couple things that inspired me. One was Patrick Kenry, give
33:48
Speaker 1: me liberty or give me deaths? And you begin to see, honestly,
33:54
Speaker 1: if I was sentenced to life from prison or given
33:58
Speaker 1: the option for death, I choose to death. Death is
34:01
Speaker 1: not by any means all these people that ow death penalties,
34:06
Speaker 1: it's not the worst. The worst is being thrown into
34:09
Speaker 1: a cell and kept there for the rest of your life. Yeah,
34:12
Speaker 1: that's torture for every day. The other one that inspired
34:17
Speaker 1: me was actually Socrates. If you read Plato's you know,
34:23
Speaker 1: apology they sentenced in the death and he said, it's
34:27
Speaker 1: either a migration of the soul to where I will
34:29
Speaker 1: go see all my old friends. Why should I be afraid?
34:33
Speaker 1: It's such a thing, or it's like a midsummer night's sleep,
34:37
Speaker 1: so peaceful, not to be disturbed by a dream. Go ahead,
34:41
Speaker 1: do your best, those two and I And when you're
34:46
Speaker 1: there and you see it. I survived because once you
34:51
Speaker 1: understand the game, Oh you don't do this, I'm gonna
34:55
Speaker 1: kill you. Yeah, go ahead, I'm ready. You know, you
34:58
Speaker 1: take all their power away.
35:00
Speaker 3: Yeah, it's strictly a question of your fear. But you
35:04
Speaker 3: must have felt like you were living the Showshank Redemption.
35:08
Speaker 1: Yes, I was in civil contempt. So civil contempt, I
35:14
Speaker 1: had no co defendants, so I could work in the library.
35:18
Speaker 1: And they don't want to pay a warrior, so they
35:20
Speaker 1: stuck me down there, so I got to see everything
35:24
Speaker 1: and mark I had this one guy come in and
35:27
Speaker 1: he says, oh, they threatened my children and all this stuff,
35:31
Speaker 1: and I said, yeah, okay, fine. Then he said Oh,
35:33
Speaker 1: you're a cold hearted bastard. I said, let me tell
35:36
Speaker 1: you something that's standard operational procedure. They do it to everybody.
35:42
Speaker 1: Go talk to people in here and you'll see. He
35:45
Speaker 1: came back and he apologized. He says, you're right. I said, look,
35:48
Speaker 1: this is what they do. They threaten your family and
35:52
Speaker 1: if you don't do what they tell you, they're going
35:54
Speaker 1: to go after your family. Michael milkan He planed, why
36:01
Speaker 1: is something that was absolutely had nothing to do with
36:03
Speaker 1: insider trading. Total bullshit. I wrote the book on that
36:08
Speaker 1: back in eighty six, and you know I've been called
36:11
Speaker 1: in by some of his legal team. Insider trading during
36:16
Speaker 1: the Great Depression was I knew the company was bankrupt.
36:21
Speaker 1: We're going to announce that on Monday, so I sell
36:23
Speaker 1: on my personal stock on Friday. That's insider trading. Michael
36:29
Speaker 1: Milkane was charged. Oh, insider trading. Okay, you and I
36:33
Speaker 1: are going to take over a company. And the fraud is, oh,
36:37
Speaker 1: we're defrauding as somebody else who doesn't have that information
36:41
Speaker 1: to make the same amount of money nobody lost. I mean,
36:44
Speaker 1: it's completely opposite. It flipped it upside down, and this
36:49
Speaker 1: is what they've doing in court. You look at this
36:55
Speaker 1: prosecutor that went after Trump, you know, and oh, because
37:02
Speaker 1: he overvalued his property. She just you know, is doing
37:08
Speaker 1: the same thing, and you know, getting loans out of
37:11
Speaker 1: Virginia on property in New York to get a lower
37:18
Speaker 1: you know interest. I mean, it's so hypocritical everything you do.
37:27
Speaker 1: I mean, just look at this judge they just indicted,
37:30
Speaker 1: all right, She's a county judge. She has no jurisdiction
37:35
Speaker 1: over the question of ice to begin with. She disagrees
37:39
Speaker 1: with and Trump administration takes the guy and leads him
37:46
Speaker 1: out of the court through a back door to try
37:49
Speaker 1: and get away from ice. She has no jurisdiction on
37:53
Speaker 1: this stuff, of course, you know. Oh, you know, she's
37:57
Speaker 1: doing the same thing as Trump. You know, I'm completely
38:00
Speaker 1: immune from anything I do because I'm a judge. Not true. Sorry,
38:03
Speaker 1: it has to be relating, you know what, So you
38:07
Speaker 1: can kill your your spouse and say I'm a judge.
38:10
Speaker 1: I'm okay. But look, I've seen it all and there
38:16
Speaker 1: were a bunch of Italian mafia guys. You would not
38:23
Speaker 1: believe the corruption in New York. One guy, supposedly, this
38:32
Speaker 1: one guy is dead. They don't have a body, nothing.
38:36
Speaker 1: All they have is a car park the JFK. They
38:40
Speaker 1: prosecute three different, three different mafia families in New York
38:50
Speaker 1: conspiracy to kill this guy. They don't have a body,
38:54
Speaker 1: no evidence of that whatsoever, and everybody's found guilty. And
38:58
Speaker 1: even the judge with the the second one comes up,
39:01
Speaker 1: oh yeah, I know this case. This is the one.
39:02
Speaker 1: We don't know who killed anybody. We don't have a body, right, Yes,
39:06
Speaker 1: you're hore twenty years in prison. It's just a joke.
39:13
Speaker 1: One of them. He subpoened the tapes, his own tapes
39:18
Speaker 1: of phone calls. They made a mistake and gave him
39:22
Speaker 1: the tapes of the guy who's going to testify against them.
39:27
Speaker 1: Here's the prosecutor on the tape asking him to testify
39:31
Speaker 1: against somebody else. And the guy says, I don't know him,
39:35
Speaker 1: and I am listening tickets, And the prosecutor said, don't worry.
39:41
Speaker 1: By the time I get done preparing you, you'll know
39:44
Speaker 1: him like it's your brother. It was submitted, and that
39:50
Speaker 1: who was the judge, Judge Paplin, was the same guy
39:53
Speaker 1: that had Trump right and said, your honor, here the tape,
40:00
Speaker 1: the same prosecutor with the same guy in my case dismissed.
40:05
Speaker 1: That's another case that's not this one, all right, I
40:10
Speaker 1: mean terrible.
40:12
Speaker 3: It's it is awful, and we appreciate the sacrifice you
40:16
Speaker 3: made for the truth. You know, there aren't many people
40:20
Speaker 3: in this world that would go through what you went
40:22
Speaker 3: through for the truth. Maybe he made some compliance errors,
40:26
Speaker 3: maybe there were certain things, but certainly the punishment did
40:30
Speaker 3: not fit the crime. And you're basically railroaded, and somehow
40:37
Speaker 3: it's okay. But there are those of us out there
40:40
Speaker 3: who appreciate your sacrifice for the truth, because sometimes you
40:44
Speaker 3: have to give up everything in order in order to
40:48
Speaker 3: defend the truth. And it's not a pleasant thing to
40:51
Speaker 3: go through. But if people didn't do it, where would
40:55
Speaker 3: we be today? Martin.
40:57
Speaker 1: Look, you know they had a The bankers lied to
41:01
Speaker 1: them to begin with. So the prosecutors honestly, were just
41:05
Speaker 1: too stupid. They didn't understand what anything was about.
41:09
Speaker 3: They don't know, And.
41:11
Speaker 1: Within six months they had what it's called the reverse
41:15
Speaker 1: PROFI where they bring me in and tell me why
41:18
Speaker 1: I should plead guilty, and they're giving me the excuses,
41:23
Speaker 1: and they said, look, we know you didn't steal any money.
41:26
Speaker 1: I said, no, shit, how do you get a billion
41:28
Speaker 1: dollars out of the bank and nobody knows where're wet.
41:31
Speaker 1: It's got to be a wire, you know. Come on,
41:33
Speaker 1: how stupid can you be? He says they wanted me
41:36
Speaker 1: to plead guilty to a conspiracy with Saffra, and I said,
41:42
Speaker 1: do you people understand what the hell you stepped into.
41:45
Speaker 1: I'm not pleading guilty to anything with Saffra whatsoever. They
41:51
Speaker 1: were all trying it to, you know, regime change in Russia.
41:54
Speaker 1: Get out of here. I'm not putting my family at
41:56
Speaker 1: risk because you don't want to admit that you screw up,
42:01
Speaker 1: you know. And even if you look at my plea,
42:05
Speaker 1: they wrote it and it says I don't even know
42:08
Speaker 1: I think I committed I pled to anything. It says
42:12
Speaker 1: I failed to tell my clients that the bank took
42:14
Speaker 1: the money for its own benefit. Is that a crime?
42:20
Speaker 3: Yeah? Well, in the modern America, you show me the man,
42:25
Speaker 3: I'll show you the crime. I mean, personally, I think
42:28
Speaker 3: from the time I woke up to the time I
42:30
Speaker 3: got in the shower this morning, I committed five felonies Martin,
42:33
Speaker 3: and I don't even know what they are.
42:35
Speaker 1: Yeah, exactly.
42:36
Speaker 3: It's how many more on the way to Starbucks.
42:40
Speaker 1: So the rule of law has completely collapsed in this country.
42:46
Speaker 1: It collapsed even worse in Europe. This is part of
42:51
Speaker 1: what the computer's projecting into twenty thirty two. And then
42:57
Speaker 1: the more I think charging Trump kind of opened the
43:03
Speaker 1: dyke to some degree that people began to see what's
43:06
Speaker 1: going on. We're doing the same to Bosa and Row
43:09
Speaker 1: in Brazil. They went to Lapenne in France, Saint Boshit
43:16
Speaker 1: in Romania. I mean, the president, the former president of
43:20
Speaker 1: Pakistan is thrown in prison. They're using this all the time.
43:25
Speaker 1: And there's a book I would recommend you can read.
43:28
Speaker 1: It's called On Liberty by John Stuart Mill and he
43:33
Speaker 1: has one of my favorite quotes in there. We have
43:37
Speaker 1: yet to free ourselves of the stain of legal persecution.
43:42
Speaker 3: My god, that's like, that's like shan shivers up your spine,
43:46
Speaker 3: because they could. Just when we did it to you,
43:48
Speaker 3: they could do it to anybody. Martin. Then they have.
43:50
Speaker 1: I was. And when they did the movie on me,
43:54
Speaker 1: the forecaster, I think I was. I think it was Frankfurt.
43:58
Speaker 1: Some woman stood up and says, own, this is what's
44:00
Speaker 1: wrong with American law, and a German lawyer stood up.
44:04
Speaker 1: He said, what are you talking about. We do this
44:06
Speaker 1: to people here all the time. You cannot allow government.
44:14
Speaker 1: And I have been, you know, screaming with people in
44:18
Speaker 1: in Capitol Hill that I'd be glad to help with
44:20
Speaker 1: legal reform. The problem is government should not be allowed
44:26
Speaker 1: to bring the charges period. And you know it's it's political.
44:31
Speaker 1: I saw them re elections of judges. I saw them.
44:37
Speaker 1: There would be some black kid going to go to
44:40
Speaker 1: the trial and they give them an all black jury
44:43
Speaker 1: and he thinks it's good and I said, no, it's not,
44:45
Speaker 1: because they will pick people only from areas that are
44:48
Speaker 1: pissed off with the young guys. I said, you're you're
44:51
Speaker 1: better off with a jury that's even white from outside
44:55
Speaker 1: your area.
44:56
Speaker 3: And then they lets it objectively from the west side
44:59
Speaker 3: of men.
45:00
Speaker 1: Yeah, I mean, it's just uh. I saw them riggs
45:05
Speaker 1: courts all the time. If you were Chinese, you got
45:09
Speaker 1: Judge Chin. I won jewet Come.
45:13
Speaker 3: It costs me five million bucks, Judge Chin, yeah, five million.
45:17
Speaker 1: I saw I had a Jewish friend. They gave him
45:23
Speaker 1: a Jewish judge who gave him an extra five years
45:26
Speaker 1: because he insulted because they went to the same school.
45:29
Speaker 1: I mean come on, this is the bullshit that you hear.
45:33
Speaker 1: He was eventually overruled by the Supreme Court and fled
45:36
Speaker 1: the country as soon as he was released, said I'll
45:40
Speaker 1: never come back here again.
45:41
Speaker 3: O MG, this is horrible and we could we could
45:45
Speaker 3: devote a whole show to this. In the meantime, go
45:48
Speaker 3: over to my site Financial Survival Network dot com. Click
45:51
Speaker 3: the link by the book. You'll just see that half
45:56
Speaker 3: of what you hear from people is just illusion. They
45:59
Speaker 3: don't know what they're talking about. We've documented these forecasts.
46:04
Speaker 3: Today is a chilling one, but we'll all have to
46:07
Speaker 3: live with it. Martinsit Armstrong Economics dot com. Any questions
46:12
Speaker 3: or comments, shoot me a link kl at Carrie Lutz
46:15
Speaker 3: dot com. Martin again, my sincerest gratitude, and it's been
46:19
Speaker 3: a privilege to put this book together, to interview you
46:23
Speaker 3: over fourteen years. I'm looking forward to the next fourteen.
46:26
Speaker 1: Well, I hope we have that much time.
46:28
Speaker 2: Last thanks for listening to Carrie Letz's Financial Survival Network,
46:33
Speaker 2: your solution to today's trying times. For the latest, go
46:37
Speaker 2: to Financial Survivalnetwork dot com. Financial Survival Network now more
46:43
Speaker 2: than ever,