Latest / Money And Wealth With John Hope Bryant / 3 Tribes, 1 Future

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3 Tribes, 1 Future · Money And Wealth With John Hope Bryant

0:00
Speaker 1: Welcome the Money and Wealth with John O'Briant, a production
0:03
Speaker 1: of the Black Effect Podcast Network and iHeartRadio. Hey, Hey, hey,
0:15
Speaker 1: this is John Hope Brian and this is Money and Wealth.
0:18
Speaker 1: I've always wanted to do this episode in general, but
0:24
Speaker 1: recently a straight Talk Live video that I did well,
0:27
Speaker 1: actually it was an interview that I did, a podcast
0:32
Speaker 1: interview I did for the Texas Black Expo. When I
0:35
Speaker 1: was speaking, there was part of what was taken out
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Speaker 1: in a clip and the clip went viral and it
0:42
Speaker 1: has millions of views just on Instagram about one topic
0:48
Speaker 1: in particular. This topic are blacks and black Africans and
0:53
Speaker 1: black Caribbeans the same are different? And my answer, I like,
0:59
Speaker 1: you know, I just I'm straightforward. My answer is, yes,
1:03
Speaker 1: they're different. We are different, We're the same. We all
1:08
Speaker 1: come from Africa. Africa the source of everybody. By the way,
1:12
Speaker 1: all human life originated from the African continent. We're all Africans. Okay,
1:20
Speaker 1: the sun was more direct. I love to joke about this,
1:26
Speaker 1: just to cut the racial tensions so we can stop
1:33
Speaker 1: arguing about stupid stuff. But in Africa, the sun is
1:39
Speaker 1: some Saharan African direct and for thousands and thousands, tens
1:43
Speaker 1: of thousands of years, and so black Africans are beautiful,
1:48
Speaker 1: this beautiful hue, this pigmentation of their skin resists intense
1:55
Speaker 1: heat absorbs it, and we don't know Black Africans get
2:00
Speaker 1: skin cancer pigment. Their hair is kinky, so it absorbs uh,
2:06
Speaker 1: it absorbs the heat rays before it goes in the
2:08
Speaker 1: softest part of your body, which is over your brain,
2:10
Speaker 1: and dissipates, and the nose is wide to cool the
2:14
Speaker 1: air as a natural air condition. Before that, before that heat,
2:17
Speaker 1: that heated air goes in your lungs and so on
2:20
Speaker 1: and so forth, and so Blacks thrive and survive and
2:25
Speaker 1: have modified. They're not modified, have adjusted to some Saharan Africa.
2:31
Speaker 1: And as you get farther up on the African continent,
2:35
Speaker 1: the sun is less direct.
2:36
Speaker 2: And as you get into.
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Speaker 1: What they call North Africa, you have basically olive skin blacks.
2:46
Speaker 1: And and you go you cross the snow puddle of
2:51
Speaker 1: of of water the Mediterranean, and you get in the
2:55
Speaker 1: southern Europe, whether you have Italians and Spanish and Spanish
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Speaker 1: and and and the French Mediterranean, and they are olive
3:05
Speaker 1: skin with curl with loose curls that's the sun over
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Speaker 1: thousands and tens of thousand years is less direct the
3:13
Speaker 1: literally the hair is unfurling right, adjusting to the environment
3:17
Speaker 1: in the Central Europe and people are what you might
3:20
Speaker 1: call Caucasian white, if you want to call it that.
3:23
Speaker 1: But if you go to Nordic country, the Nordic countries,
3:27
Speaker 1: they make people in Central Europe look dark. Now let's
3:32
Speaker 1: go back to Africa. I've mentioned our nose is wider.
3:35
Speaker 1: I mentioned that we have kinky hair and the purpose
3:39
Speaker 1: of all that. And I didn't mention why we have
3:43
Speaker 1: big lips. I don't know, but everybody wants them, Okay.
3:48
Speaker 1: I just wanted to say that because it was funny.
3:51
Speaker 1: And so as you go up an end to the
3:52
Speaker 1: Nordic countries, you get to that this area and it's
3:54
Speaker 1: very cold. I went to go visit my friend, the
3:56
Speaker 1: Crown Prince of Norway a few years ago, and it
4:00
Speaker 1: was December, and the lady who picked me up when
4:01
Speaker 1: it was security personnel, Oh, it's so sorry with the
4:04
Speaker 1: lay going through passport control so on and so forth.
4:06
Speaker 1: Would you like to go to fishing with us tomorrow?
4:09
Speaker 1: So we're swimming with us tomorrow. It is December now,
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Speaker 1: the heck, no, it's freezing out of here. I got
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Speaker 1: on three park as a sweater, a beanie. This lady
4:18
Speaker 1: got on a T shirt and short pants, talking about
4:21
Speaker 1: isn't it nice out? So she has long hair to
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Speaker 1: cover her ears, her ears doesn't get cold, her skin
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Speaker 1: absorbs cold weather. Her nose is narrow to heat the
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Speaker 1: air before it goes into her lungs. God has adjusted
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Speaker 1: her to that environment. By the way, if you remove
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Speaker 1: the water between the North American and South American continent
4:36
Speaker 1: and Africa and Europe, and you look at that land mask,
4:40
Speaker 1: click click right, it was once one. So this whole
4:44
Speaker 1: racial thing is we're just arguing over stupid stuff. That's
4:48
Speaker 1: not what this podcast is about. But it let me
4:50
Speaker 1: just sort of neutralize that as an issue and happy
4:55
Speaker 1: to go into that separately. If you want to obsess
4:58
Speaker 1: about our uninteresting different some more. Let's now talk at
5:03
Speaker 1: minute five here in this podcast about what went viral
5:07
Speaker 1: and why it's relevant to your economy and our economic future,
5:12
Speaker 1: and why I think you should it should matter to
5:14
Speaker 1: you and the opportunity for you because rainbows only follow storms.
5:18
Speaker 1: You cannot have a rainbow without a storm first. So
5:21
Speaker 1: I have said something pretty.
5:25
Speaker 2: Bold.
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Speaker 1: I don't think it is. Are Black Africans, Black Caribbeans
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Speaker 1: and African Americans different, Yes, even though I just told
5:38
Speaker 1: you we come from the same place.
5:41
Speaker 2: Black.
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Speaker 1: These are generalizations, but they tend to stick. African Americans have,
5:46
Speaker 1: relatively speaking, a higher self confidence and a lower self
5:51
Speaker 1: esteem because we higher self confidence because we succeeded in
5:54
Speaker 1: the biggest market economy on the planet. All right, we
5:58
Speaker 1: killed it, and we say something cool. It's cool in
6:01
Speaker 1: type type AI. We say something is cool. It's cool
6:03
Speaker 1: in North Korea. Right, it's cool anywhere. We have created culture,
6:09
Speaker 1: in a defined culture all around the world. But because
6:13
Speaker 1: of the legacy of slavery, our self esteem tends to
6:16
Speaker 1: be and Jim Crow, our self esteem tends to be lower.
6:19
Speaker 1: I'll get into why in a moment. Our African and
6:22
Speaker 1: Black Caribbean friends tend to have higher self esteem and
6:27
Speaker 1: lower levels of confidence.
6:29
Speaker 2: Why is that.
6:31
Speaker 1: They experienced slavery for much lower shorter periods of time
6:34
Speaker 1: relatively speaking. Now, some absolutists will say, no, John, that's
6:38
Speaker 1: not true. Those in Cuba, which is, by the way,
6:42
Speaker 1: technically Latin America. Those in Cuba and those in Brazil
6:47
Speaker 1: experienced for longer. Yes, on a linear timeline, yes, but
6:52
Speaker 1: not the brutal, institutional bad capitalism model of American slavery.
6:57
Speaker 1: I'm going to get to that in a moment. It matters.
7:01
Speaker 1: Uh so, all people experienced in the in the Caribbean,
7:06
Speaker 1: in Latin America, there were slaves, by the way, in
7:08
Speaker 1: the Latin America before they were ever slaves in the
7:10
Speaker 1: United States, by the way, and certainly much larger numbers.
7:15
Speaker 1: But it was institutionalized as a commercial business with machinery
7:19
Speaker 1: and bad capitalism here in the US. And so this
7:23
Speaker 1: affected our self esteem. Okay, so this let's let's break
7:26
Speaker 1: some eggs first. People say, oh, black folks, you're you're
7:29
Speaker 1: you're stupid, You're you know, Black Americans, you're you're lazy. Really,
7:35
Speaker 1: knock it off. Hold on, so waitter. So this the
7:38
Speaker 1: the This the sixteen hundreds was an agricultural age, and
7:47
Speaker 1: the crops of tobacco, cotton, et cetera were just booming.
7:56
Speaker 1: And where that crop took off really was in the
8:01
Speaker 1: fertile soil of the southern the American South. Yes, Caribbean, yes,
8:08
Speaker 1: Latin America. But there was it was like all the
8:12
Speaker 1: things lined up in the American south. But it was
8:15
Speaker 1: it was hot, it was humid, it was it was
8:19
Speaker 1: the soil had died, would die easily, and no one
8:22
Speaker 1: knew how to work this soil or could work in
8:26
Speaker 1: the soil. Who are the geniuses of the land. This
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Speaker 1: is not a trick question. Africans.
8:33
Speaker 2: Their use.
8:33
Speaker 1: I just told you the sun is direct in Africa.
8:36
Speaker 1: We used to hot, and we used to working in
8:38
Speaker 1: these uh, these untenable environments. Surviving thriving. We've been doing
8:42
Speaker 1: so much with so little for so long. We can
8:43
Speaker 1: almost do anything with nothing. We were graded surviving and thriving,
8:49
Speaker 1: and so we were geniuses of the land. We could
8:51
Speaker 1: take dead soil and bring it back to life. So,
8:54
Speaker 1: folks when halfway around the world, not because they hated you,
8:56
Speaker 1: not because you were lazy, but because you were agricultural geniuses,
9:01
Speaker 1: please understand this. You were geniuses. You are geniuses of
9:04
Speaker 1: the land. To this day, Africa is the largest untapped
9:07
Speaker 1: natural resource in the world, in the world, the African continent.
9:12
Speaker 1: I will be doing a podcast just on that topic,
9:16
Speaker 1: coming up next so or soon, shall I say, I
9:21
Speaker 1: want to break this up so you get a little
9:23
Speaker 1: bit of everything. So in my podcast series, So they
9:27
Speaker 1: brought us here. And so it's twelve and a half million,
9:29
Speaker 1: give or take slaves people who are enslaved, right, About
9:34
Speaker 1: two million or so died killed, sacrificed in the Middle Passage.
9:42
Speaker 1: About ten million or so get to this hemisphere. Here's
9:46
Speaker 1: some radic, some incredible numbers. Most of them go to
9:49
Speaker 1: the Caribbean or to Latin America. Only three hundred and
9:52
Speaker 1: fifty thousand, give or take slaves, African slaves come into
9:58
Speaker 1: North America. This is stunning numbers, minuscule. So all the
10:02
Speaker 1: other places took slaves in and the numbers over time dissipated, right,
10:06
Speaker 1: and it went from slavery to you know, integer servitude
10:10
Speaker 1: or something else. In America, they mechanized it. They with
10:15
Speaker 1: the cotton gin and these things were created. Slavery is
10:17
Speaker 1: on with the dying industry, and it got mechanized and
10:21
Speaker 1: rejuvenated to the point where half of all American exports
10:26
Speaker 1: were tied to cotton by the mid eighteen forties or
10:29
Speaker 1: midteen fifties. And that was the economic engine for America
10:32
Speaker 1: and the export for around the world. It touched everyverything
10:36
Speaker 1: and touched Wall Street back. Wall Street was born in
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Speaker 1: this regard in the south Montgomery, Alabama and other Alabama
10:44
Speaker 1: towns and Mississippi towns is where Wall Streets start. Don't
10:48
Speaker 1: trust me, look it up for yourself. These major Wall
10:50
Speaker 1: Street firms had offices in Montgomery, Alabama. The wealthiest city
10:55
Speaker 1: in the world per capita was not just Mississippi in
10:58
Speaker 1: the eighteen hundreds. Yes, that's not a misquote. African slaves
11:03
Speaker 1: were worth double railroads. We're the most valuable asset uh
11:07
Speaker 1: in the country for a long time.
11:09
Speaker 2: We built it all for free. Okay.
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Speaker 1: So now you got this big brother, you bring him
11:15
Speaker 1: over here. He's an agricultural genius. You need his talent.
11:18
Speaker 1: He knows how to take this dead soil, bring it
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Speaker 1: back to life, rejuvenated. It creates this this this crop,
11:24
Speaker 1: which turns into economic gold. But you don't need his attitude.
11:28
Speaker 1: You can't have him pushing back on you. He's twice
11:30
Speaker 1: your size and he's built from battle. So you take
11:34
Speaker 1: his you destroy his hope. We're not human beings having
11:37
Speaker 1: a spiritual experience. We're spiritual beings having a human experience. Right,
11:41
Speaker 1: you destroy his hope. You take as family members and
11:43
Speaker 1: you separate them, and you sell the children off in
11:46
Speaker 1: different directions. By the way, here's good definition between good
11:50
Speaker 1: capitalism and bad capitalism. Good capitalism is where I benefit
11:54
Speaker 1: and you benefit more. An entrepreneur creating a comb that
11:57
Speaker 1: combs your hair, and then somebody in an a merchant
12:00
Speaker 1: and for free enterprise finds the right price, right price
12:03
Speaker 1: point where you find more value than costs. You buy
12:05
Speaker 1: that cone because it provides value to unkink your hair.
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Speaker 1: That's good capitalism. I benefit it, you benefited more. Everybody won.
12:13
Speaker 1: Bad capitalism is where I benefit and you pay a
12:16
Speaker 1: price for it. This is an example of bad capitalism.
12:19
Speaker 1: Times a thousand wasn't personal. Well it was personal too,
12:24
Speaker 1: but it wasn't primarily personal. Nobody brought you halfway around
12:26
Speaker 1: the world because they hated you. This was about business,
12:29
Speaker 1: just bad business. And this will become crystal clear before
12:32
Speaker 1: this podcast is over to anybody who likes math.
12:35
Speaker 2: I like math.
12:36
Speaker 1: It doesn't have an opinion, and I'm going to approve
12:39
Speaker 1: before this podcast is over that race, while incredibly destabilizing,
12:43
Speaker 1: racism is real. Racism is like rain. It's either fall
12:46
Speaker 1: in someplace or it's gay gathering. So you might as
12:48
Speaker 1: well get out an umbrella and the color you like
12:50
Speaker 1: it starts frolling through it because it's not going to change,
12:53
Speaker 1: so we muscle it's real, right. But race is actually
12:56
Speaker 1: not the primary issue. And I'll explain that because I'm
12:59
Speaker 1: gonna unp act race as part of this discussion. White black,
13:04
Speaker 1: the whole thing, all in the course of an hour,
13:07
Speaker 1: just to prove how simple this is and how people
13:09
Speaker 1: are hiding the ball from you in playing sight and
13:13
Speaker 1: playing on our depression and our whatever else you want
13:17
Speaker 1: to call it. So Black Africans came here with all
13:22
Speaker 1: this utzba. This big dude is sitting there, and they
13:25
Speaker 1: have to destroy a spirit, not his body. They eat
13:28
Speaker 1: his body, They sell the kids into different directions. So
13:31
Speaker 1: now his hope is gone. His wife is there for
13:34
Speaker 1: him to protect. They hold him down while they abuse her,
13:37
Speaker 1: and they abuse her and hold him down until he
13:40
Speaker 1: stops fighting back. Now he's lost his ability to protect
13:43
Speaker 1: the one he loves. So now his self esteem has
13:49
Speaker 1: been destroyed. Now it's time to put in a word.
13:54
Speaker 1: And now you've got human machinery, which was the point.
13:59
Speaker 1: And this this was a systemic effort to create machinery
14:04
Speaker 1: of the fifteen, sixteenth and seventeenth centuries. And this went
14:09
Speaker 1: from three hundre fifty thousand to four million. It's the
14:12
Speaker 1: only place America where we manufactured slaves. Every place else
14:17
Speaker 1: slaves came in and the numbers went down over time.
14:21
Speaker 1: And it's notable that in Latin America, by the way,
14:27
Speaker 1: the person who pushed the Spanish out of Mexico was
14:31
Speaker 1: a former black slave who was part Black, part Mestiso, Aztec, Indian,
14:40
Speaker 1: Mexican Spanish, you know Latino spent Hispano and black combination.
14:47
Speaker 2: He pushed, He led.
14:49
Speaker 1: An effort to push the Spanish European colonizers of that
14:53
Speaker 1: time out of Mexico, so much so they made him president. Yes,
14:57
Speaker 1: the second president in Mexico in eighteen twenty. I believe
15:00
Speaker 1: it was was of African descent, a freedom fighter who
15:04
Speaker 1: outlawed slavery forty years before Abraham Lincoln, just under forty
15:09
Speaker 1: years before Abraham Lincoln. Yes, this is a whole another thing.
15:12
Speaker 1: If you want me to go deep on this, let
15:14
Speaker 1: me know in the comments when you see this outtakes,
15:16
Speaker 1: and I'd be happy to break it down.
15:18
Speaker 2: His name was Guerrero.
15:18
Speaker 1: The only man in Mexico to have a state named
15:22
Speaker 1: after him is Guerrero State.
15:24
Speaker 2: And by the way side note here he outlawed.
15:29
Speaker 1: Slavery and the one area that was making money on
15:34
Speaker 1: slavery so was enraged by his efforts. They removed themselves
15:38
Speaker 1: from Mexico and that was an area that was called Texas.
15:45
Speaker 1: It became the state of Texas, and Texas literally was created.
15:49
Speaker 1: And I love Texas. I just came from Texas. I
15:51
Speaker 1: have plenty friends in Texas. I love hanging out in Texas.
15:54
Speaker 1: I'm not hating on Texas. I'm just giving you the
15:55
Speaker 1: facts that literally Texas was created because it was a
16:00
Speaker 1: to pursue slavery for another twenty thirty forty years before
16:06
Speaker 1: slavery was banned in the Civil War. But this was
16:09
Speaker 1: the reason that Texas left Mexico, and this was the
16:12
Speaker 1: reason for indirectly the Mexican American War, and this was
16:15
Speaker 1: the reason for the Alamo Battle and all that stuff.
16:19
Speaker 1: American citizens were taking citizenship in Mexico, not the other
16:23
Speaker 1: way around.
16:23
Speaker 2: People were coming here.
16:24
Speaker 1: We were going there because of the economic activity, the
16:26
Speaker 1: freedom of the land, etc. And the endorsement of slavery. Until
16:30
Speaker 1: Guerrero put his foot down and they ultimately killed him.
16:32
Speaker 1: By the way, another story for another time. So now
16:47
Speaker 1: you have all this economic activity going on in the
16:49
Speaker 1: Southern States. It's based on this bad business model. And
16:52
Speaker 1: the result of that, after slavery and Jim Crow, is
16:55
Speaker 1: that black folks had I believe a devastated esteem. So
17:01
Speaker 1: if I don't like me, I'm not gonna like you.
17:03
Speaker 1: Explain so much. If I don't feel good about me,
17:05
Speaker 1: I'm not gonna feel good about you. If I don't
17:07
Speaker 1: respect me, don't expect me to respect you. If I
17:10
Speaker 1: don't love me, I don't have a clue how to
17:11
Speaker 1: love you. If I don't have a purpose in my life,
17:14
Speaker 1: I'll wake your life of living hell. Whatever goes around
17:17
Speaker 1: comes around. So you have this brilliance. Now that is
17:24
Speaker 1: a bit of a lost soul that it hasn't healed.
17:27
Speaker 1: But we are now in the biggest economy on the planet.
17:30
Speaker 1: And the miracle of this story is we go from
17:32
Speaker 1: this slavery story to the President of the United States
17:35
Speaker 1: of America. Can I get an a man, President Barack Obama?
17:38
Speaker 1: That we have these heroes and heroes that are symbols.
17:41
Speaker 2: All around the world.
17:42
Speaker 1: Jay Z Lebron, you know Robert F. Smith, the entrepreneur,
17:48
Speaker 1: Reginald Lewis. I mean the Oprah Winfrey, all these heroes
17:52
Speaker 1: and heroes from all walks of live Gail King, from
17:54
Speaker 1: every corner of society, who are just killing it on
17:58
Speaker 1: a global steal in spite of what I just told you.
18:03
Speaker 1: Pretty amazing. We have mastered culture and cool all around
18:10
Speaker 1: the world. The problem is other folks have mastered capitalism
18:13
Speaker 1: and commerce. That's a mic drop, by the way, So
18:19
Speaker 1: we just need to stop just rocking the mic and
18:21
Speaker 1: start owning it. But you can't own it unless you
18:24
Speaker 1: understand that somebody else doesn't want to distract you.
18:29
Speaker 2: With being entertainment alone.
18:32
Speaker 1: So I love my entertainment friends who now say, let
18:35
Speaker 1: me be a Johnny, show me how to be a businessman,
18:37
Speaker 1: because it's a show business. It's the business of show
18:40
Speaker 1: it's the sports business. It's a business of sports. Back
18:44
Speaker 1: to the topic, So now you have black folks who
18:46
Speaker 1: have this incredible confidence because we're competent. You've shown you're competent.
18:52
Speaker 1: That inspires confidence naturally. So you have high confidence, but
18:56
Speaker 1: lower self esteem, which unfortunately can create things like crab
19:00
Speaker 1: in the barrel, trust issues and all that stuff that
19:02
Speaker 1: we all know so much about. If you're African American,
19:05
Speaker 1: your head should be nodding right now. And I think
19:08
Speaker 1: that the majority of African Americans are clinically undiagnosed to press.
19:11
Speaker 1: That's the one thing I can't prove. I don't have
19:12
Speaker 1: any data around it, but I just whenever I talk
19:15
Speaker 1: to people that are like, yeah, that's real.
19:18
Speaker 2: And we never healed. This country didn't heal after the
19:20
Speaker 2: Civil Wars. We didn't. We didn't.
19:22
Speaker 1: We didn't say that the Confederates who was bad and
19:25
Speaker 1: and and that this is a nation of under God,
19:28
Speaker 1: of all of us, and we didn't we know that
19:29
Speaker 1: we won the Civil War. People moved on and in
19:31
Speaker 1: many ways you still have h the philosophy of the
19:34
Speaker 1: Confederacy and the philosophy of the Unionists, the you know
19:38
Speaker 1: the anyway, that's another podcast for another time. Which one
19:41
Speaker 1: of the reasons we aren't we have we can't deal with.
19:43
Speaker 1: We haven't healed. But I'm focusing on you healing understanding
19:47
Speaker 1: the challenges now. My black African friends and my black
19:49
Speaker 1: Caribbean friends dealt with slavery for much shorter periods of
19:53
Speaker 1: time and more importantly, had role models of nuclear families.
19:59
Speaker 1: Their mom dad was there. Because Caribbean, the slavery model
20:04
Speaker 1: and the Caribbean and Latin America, et cetera. Didn't punish,
20:10
Speaker 1: it wasn't commercially brutal in the.
20:12
Speaker 2: Way I've just described the model in the US.
20:14
Speaker 1: And their families were often times left together and were
20:19
Speaker 1: able to grow up together, right, and then slavery just
20:21
Speaker 1: didn't last for long, so they were then able to
20:23
Speaker 1: organize their normal communities, just didn't have just had less
20:26
Speaker 1: rights and privileges, but they still said a mom and
20:29
Speaker 1: a dad and the nuclear family, and they they the
20:33
Speaker 1: governor was at some point black, and the Prime minister
20:36
Speaker 1: was black, and the Dennists was black, and the the
20:40
Speaker 1: you know, the robber was black, the criminal was black.
20:43
Speaker 1: Everybody was black. So you have this, you have this
20:46
Speaker 1: sense of belonging and this cultural sort of currency, and
20:51
Speaker 1: so you have higher self esteem. But because these were
20:56
Speaker 1: not leading economies in the world, you had lower levels
21:00
Speaker 1: of confidence. It wasn't a market economy, wasn't a leading
21:03
Speaker 1: market economy the Caribbean nations and Latin American areas.
21:06
Speaker 2: Et cetera.
21:07
Speaker 1: So you have black Africans and black Caribbeans who have
21:11
Speaker 1: higher confidence, a higher self esteem, and lower confidence, and
21:15
Speaker 1: you have afric Americans who have higher confidence and relatively speaking,
21:17
Speaker 1: lower self esteem. There's your difference, and let me illustrate
21:24
Speaker 1: how this difference works in real time. So Black Africans,
21:30
Speaker 1: black Caribbeans, let's take Let me pick on Ethiopium. My
21:33
Speaker 1: Ethiopian brothers and sisters. I've stayed at the Park Hyatt
21:36
Speaker 1: in Washington, d C. You see an Ethiopian brother working
21:40
Speaker 1: as the valet. After a couple of weeks coming in,
21:44
Speaker 1: I see several other Ethiopians working as valets. And then
21:49
Speaker 1: I see some Ethiopians at the front desk. And then
21:53
Speaker 1: I see an Ethiopian assistant manager. And then I come
21:56
Speaker 1: back and I see it. There's Ethiopians driving taxis, they
22:00
Speaker 1: picking up guests. And then and then I come back
22:03
Speaker 1: and say, what's going on? Oh yeah, we we we
22:05
Speaker 1: we figured out this is this is an economic model here,
22:08
Speaker 1: we're like, we're working together. And then they've gotten a
22:11
Speaker 1: They've rent an apartment to park together, They've bought a
22:13
Speaker 1: house together. They've now bought a black car together for
22:17
Speaker 1: an uber or a Lyft. They're now got they're now
22:19
Speaker 1: trading information, trading trading opportunities together. They got a little
22:24
Speaker 1: economic mafia going on. Positive sense all the front desk
22:30
Speaker 1: to the to the curb to you know, transporting throughout
22:33
Speaker 1: the city is now at all an Ethiopian model. And
22:37
Speaker 1: those who are from the from Africa the Caribbean know
22:40
Speaker 1: exactly what I'm talking about, right, And because they have
22:44
Speaker 1: no problem working together, because self esteem was not their
22:47
Speaker 1: primary issue. It was a lack of opportunity. You give
22:49
Speaker 1: them two or three years here and they're killing it.
22:52
Speaker 1: Now somebody is going to now still be questioning whether
22:56
Speaker 1: this makes any sense. And for us to have the
22:58
Speaker 1: rest of this conversation, I've got to now deal with
23:01
Speaker 1: the issue of whether black and white somebody so, no, No,
23:05
Speaker 1: the real issue is is white racism. Well, white racism
23:11
Speaker 1: is a big deal, but it's really just racism and
23:14
Speaker 1: power really. So blacks and whites worked together in the
23:19
Speaker 1: sixteen hundreds as indentured servants. That's true. Blacks and whites
23:24
Speaker 1: were in dinger servants together, poor whites from Britain. They
23:28
Speaker 1: were together. They ran off together. When they came back here,
23:31
Speaker 1: the overseers aid, Boss, we have a problem. They run
23:33
Speaker 1: off together, they become friends, and it's a problem because
23:37
Speaker 1: we can have a race riot, we cannot have a
23:40
Speaker 1: class right because we're the class.
23:42
Speaker 2: We got to break this up.
23:43
Speaker 1: And so they caught these runaways and they told the
23:47
Speaker 1: white runaways, look, you can't do this again. Two more
23:50
Speaker 1: years of in denser service and disure servitude, and now
23:54
Speaker 1: you're in charge of the blacks.
23:56
Speaker 2: You're white like us.
23:57
Speaker 1: It was the first time the word white, racial word
23:59
Speaker 1: white was created in five billion years of this world,
24:02
Speaker 1: four billion years of organism life, a couple hundred million
24:05
Speaker 1: years of Neanderthal life, a couple hundred thousand years of
24:08
Speaker 1: modern mankind as you know it, six thousand years of
24:11
Speaker 1: you want to call it enlightenment, three thousand years since
24:13
Speaker 1: Christ that the racial word white was created in North
24:18
Speaker 1: America in the sixteen hundreds for this reason. You're white
24:23
Speaker 1: like us. Okay, so you're in charge of them. And
24:27
Speaker 1: then they told the blacks you can't run away again,
24:29
Speaker 1: because now you've are you're enslave for life. That's where
24:32
Speaker 1: slavery began. It was a commercial penalty that separated the
24:38
Speaker 1: poor class, the poor whites, from the poor blacks who
24:42
Speaker 1: are getting along.
24:43
Speaker 2: Before that, they were friends.
24:45
Speaker 1: So it doesn't sound ridiculous now that poor whites and
24:47
Speaker 1: black poor blacks are at each other's throats. That's another
24:50
Speaker 1: conversation for another time. We are not going to say
24:54
Speaker 1: we've been bamboozo, we've been tricked, we've been hoodwink, we've
24:57
Speaker 1: been running up. So uh, here comes this differentiation. But
25:04
Speaker 1: now if you're poor white, what you didn't say, well,
25:06
Speaker 1: they didn't say to their overseers was well, but am
25:08
Speaker 1: I wealthy like you do? I have titles like you do,
25:10
Speaker 1: I own property like you. That would have been a
25:13
Speaker 1: different conversation. Never asked because there was It was a
25:15
Speaker 1: lack of education, lack of high frequency, lack of understanding,
25:18
Speaker 1: and so they didn't They didn't know what they didn't know.
25:20
Speaker 1: They didn't know to answer question, which speaks to mindset. Right,
25:24
Speaker 1: you go to my book. My last book is Financial
25:27
Speaker 1: Literacy for All, number one still in the world on
25:31
Speaker 1: business finance and business economics. Financial Lucy for All, book
25:35
Speaker 1: before that, up from Nothing, book be from that, the
25:37
Speaker 1: memo and I talk about the five pillars of success,
25:42
Speaker 1: and I talk about the five things you need to
25:45
Speaker 1: be successful. As much education you can shove down your throat.
25:48
Speaker 1: Financial literacy understand which is the financial financial legacy is
25:51
Speaker 1: a civil rights issue of this generation. When you know better,
25:53
Speaker 1: you do better. It is that we live in a
25:56
Speaker 1: capitalist democracy. Little big seed, little deep you don't believe that.
25:59
Speaker 1: Look at the last election cycle. It's about the money.
26:04
Speaker 1: You need, family structure and resiliency, You need self esteem
26:07
Speaker 1: and confidence. Those two things are difference. I just described it.
26:10
Speaker 1: You need role models in environment. If you have five
26:12
Speaker 1: of those five things without, with all the barriers coming
26:15
Speaker 1: at you, you'll succeed. All the two hundred ethnic groups
26:18
Speaker 1: that have come to America SOMEBHW, two hundred ethnic groups
26:20
Speaker 1: have come to this country. Who found those five things?
26:23
Speaker 1: Are come here with those an obsession about education, understanding
26:27
Speaker 1: how economics and financial literacy work. Family structure and resiliency,
26:32
Speaker 1: self esteem and confidence, role models in environment. No matter
26:35
Speaker 1: what the group is, you had those five things, you
26:37
Speaker 1: killed it. Just by the way, don't trust me, do
26:41
Speaker 1: your own research. Even my Jewish brothers and sisters, this
26:45
Speaker 1: is literally a signal of their success. But you would
26:50
Speaker 1: Italian Italians Polish. These are all groups that were called
26:53
Speaker 1: horrible names. They were called Italians, were called the inward
26:57
Speaker 1: in the early twentieth century, the early nineteen hundreds in America.
27:00
Speaker 1: I mean, these were all groups who came to the Irish.
27:03
Speaker 1: All these hard scrabble groups came to America, were at
27:08
Speaker 1: the bottom of the social ladder. They needed things like
27:10
Speaker 1: the New Deal created for them so they can come
27:13
Speaker 1: up and Homestead Act and all that stuff. We don't
27:15
Speaker 1: have time for that in this podcast. But they had
27:18
Speaker 1: these five things. The three groups that don't have these
27:20
Speaker 1: five things that have really less than the three things
27:24
Speaker 1: Native American Indians, poor Whites, and African Americans. Don't believe me.
27:33
Speaker 1: Do your own research, and it doesn't matter which to
27:36
Speaker 1: these five things that you'd carve out as much. Education,
27:38
Speaker 1: shove down your throat, financial literacy, self esteem and confidence,
27:42
Speaker 1: role models, and environment, family, structural resilience. If you have
27:44
Speaker 1: three or more of those things, you can kill it.
27:46
Speaker 1: You have three or less of those things, you get killed.
27:50
Speaker 1: And because you don't have the mindset, the tools in
27:52
Speaker 1: order to succeed. And just to prove that race has
27:55
Speaker 1: been a distraction in addition to being a real problem.
27:59
Speaker 1: If all this was all about race, then all white
28:02
Speaker 1: people would be wealthy, not having the largest population of
28:07
Speaker 1: poverty in this country being poor white. All right, So
28:10
Speaker 1: the number one group dying in America, I believe it's
28:12
Speaker 1: still true, or high school educated white men dying of
28:16
Speaker 1: a dying of opioid addiction, which is really a lack
28:19
Speaker 1: of aspirational success. And the number one group of alcoholism,
28:26
Speaker 1: unfortunately in this country are Native American Indians. I believe
28:29
Speaker 1: that's still true on Indian reservations. It's depression. And we
28:34
Speaker 1: know that at the bottom of the economic pyramid is
28:36
Speaker 1: a group that built the country for free, which are
28:38
Speaker 1: African Americans.
28:39
Speaker 2: Now, let me give you modern data.
28:42
Speaker 1: Federal Reserve issued a study a few years ago in Boston,
28:47
Speaker 1: Boston Federal Reserve, and it was on the front page
28:50
Speaker 1: of the Boston Globe. And the Boston Globe said this
28:54
Speaker 1: black American net worth black net worth eight bucks. I
28:59
Speaker 1: think it was seven bucks anyway, seven or eight dollars.
29:01
Speaker 1: I remember the exact number, but okay, you get the point.
29:04
Speaker 1: And it had to say in the headline this is
29:06
Speaker 1: not a typo because they thought no one would believe it.
29:10
Speaker 1: Let's just say it was seven bucks the net worth
29:13
Speaker 1: when you read the study, read the article. The net
29:15
Speaker 1: worth of Caribbean blacks in the same study was twelve
29:19
Speaker 1: hundred dollars now, and now the net worth of whites
29:22
Speaker 1: was one hundred thousand dollars.
29:23
Speaker 2: Plus.
29:23
Speaker 1: But the point of this is if racism was the
29:26
Speaker 1: only issue, and it would affected everybody the same and equally,
29:30
Speaker 1: because blacks is black as black as black. No one
29:33
Speaker 1: knows a black African or a black Caribbean from a
29:35
Speaker 1: Black American per se. When you're chasing them down the
29:38
Speaker 1: street or trying to discriminate against them, you don't say,
29:40
Speaker 1: pull out your ID cards and decide how much I'm
29:42
Speaker 1: them to discriminate against you. If it's all the same,
29:45
Speaker 1: then all black struggle should be the same, and that
29:48
Speaker 1: networth should be all seven bucks or all twelve hundred dollars?
29:52
Speaker 1: Can I get an amen?
29:53
Speaker 2: Right? But it wasn't. It was different.
29:55
Speaker 1: And so I want you to understand where we come
30:00
Speaker 1: from so we know how we can go forward together.
30:04
Speaker 1: So we need to be to get on the same page.
30:11
Speaker 1: Because Africa is our home. Black Americans, in my opinion,
30:14
Speaker 1: in my opinion, should become to Africa, the continent of Africa.
30:17
Speaker 1: Would Jews are to Israel, which is a resource. We
30:21
Speaker 1: need to reconnect with our with our heritage, with our background.
30:24
Speaker 1: I where it right now an African band doing this podcast,
30:27
Speaker 1: and I wear Mandela's prison number here, and I wear
30:30
Speaker 1: these every day. I know that my DNA I've done
30:33
Speaker 1: a DNH test through African ancestry. I know my DNA
30:37
Speaker 1: is from seventy one percent camera room African next to Nigeria.
30:41
Speaker 1: I know him twenty six twenty six percent in Europeans
30:44
Speaker 1: is Asian, Indian, and other, which means whoever I hate.
30:47
Speaker 1: If I decide to hate somebody, I hate myself and whoever.
30:50
Speaker 1: And by the way, if you want to mess up
30:51
Speaker 1: somebody's brain who's a racist, give him a DNA test
30:55
Speaker 1: for him and his family Christmas a month before Christmas
30:58
Speaker 1: dinner and have them open up the the test at
31:01
Speaker 1: Christmas dinner and watch the races passed out on the
31:03
Speaker 1: floor because he might be, in all likelihood, has got
31:06
Speaker 1: some black blood in him. So this racism thing is
31:19
Speaker 1: really stupid. But our misinformation amongst ourselves is unproductive and
31:23
Speaker 1: we need to knock it off because we actually need
31:26
Speaker 1: to find a pathway together. So the African continent is
31:32
Speaker 1: a gold mine, but we were we suffered from misinformation
31:38
Speaker 1: about that, and others are taken advantage of that while
31:40
Speaker 1: we're sleeping.
31:42
Speaker 2: Uh.
31:42
Speaker 1: Just recently, China had a meeting with a bunch of
31:44
Speaker 1: African leaders while America was bombing a nation in the
31:50
Speaker 1: Middle East, China was cutting a deal with African business
31:53
Speaker 1: African heads of state because Africa, China their model is
31:58
Speaker 1: a low cost economic production, and they realize that China
32:01
Speaker 1: that Africa is the lowest cost the largest resource of
32:05
Speaker 1: natural resources in the world, and all of the resources
32:09
Speaker 1: in China in Africa China needs in order to continue
32:11
Speaker 1: to produce products at a low cost. And one of
32:15
Speaker 1: the growing groups marrying black African women in all fifty
32:18
Speaker 1: four countries, by the way, are Chinese men. And they're
32:21
Speaker 1: not doing but just because they love our women. They're
32:23
Speaker 1: doing it to lock in their economic interest by creating
32:25
Speaker 1: family bonds. That's another podcast when I talk about Africa
32:30
Speaker 1: and China and the world. But I'm trying to get
32:33
Speaker 1: you to understand that we need to heal our pain
32:40
Speaker 1: and why, and it starts with understanding where these differences
32:44
Speaker 1: come from. So let me now talk about who we
32:48
Speaker 1: are and summarize it. Black Africans descendants of slavery in America,
32:54
Speaker 1: born from struggle, systemically oppressed but also deeply American, raised
32:58
Speaker 1: within a system that both ardinalized.
33:00
Speaker 2: And shaped shaped us.
33:02
Speaker 1: We've been doing so much with so little for so long,
33:04
Speaker 1: we can almost do anything with nothing. We have succeeded
33:06
Speaker 1: against all odds, and as a result of that, we
33:08
Speaker 1: are a true North, I believe for all people of
33:11
Speaker 1: color in the world, Africans, Continental Africans growing up with
33:16
Speaker 1: with the sovereignty and identity, however often under economic instability,
33:21
Speaker 1: political conflict, and colonial hangovers. Pride in ethnic origin and
33:27
Speaker 1: homeland more likely to come from collective visits of cultures
33:31
Speaker 1: versus individualists. America intact family structures largely African Caribbeans, often
33:38
Speaker 1: straddling worlds, post colonial struggle uh uh, diaspora identity, migration
33:50
Speaker 1: stories from there to here here being America strong family
33:55
Speaker 1: structures and entrepreneurial spirit, deep cultural resilience see despite limited
34:01
Speaker 1: natural resource bases where they come from, temporarily lacking confidence
34:07
Speaker 1: because they come from a place where you know, these
34:10
Speaker 1: are small island economies where they need a moment to
34:12
Speaker 1: sort of get get their sea legs. No pun intended.
34:21
Speaker 1: We are cousins from different houses. The tragedy is that
34:25
Speaker 1: we don't recognize our family resemblance. But the opportunity lies
34:29
Speaker 1: in learning each other's stories and respecting them. So I
34:37
Speaker 1: hope This was very helpful in understanding where we came from.
34:40
Speaker 1: Let's talk about now the economic power and unity. Black
34:43
Speaker 1: Americans represent about a one point eight trillion dollars annuals
34:46
Speaker 1: consumer spending force. If we are a nation, we'd be
34:48
Speaker 1: one of the largest in the world. Africa is the
34:50
Speaker 1: youngest population in the world, riches in natural resources of
34:54
Speaker 1: a I've already mentioned, the fastest growing group of young
34:58
Speaker 1: people and the largest demographic I believe in the world
35:02
Speaker 1: are Nigerians.
35:03
Speaker 2: I think that's still true.
35:06
Speaker 1: Uh Caribbean is a gateway to trade, culture, tourism, and
35:09
Speaker 1: policy innovation. And it's two hours off of our coast,
35:12
Speaker 1: in some cases as little as an hour off our
35:15
Speaker 1: coast in America. And there's a side story without Haiti
35:20
Speaker 1: that be no American story. I'll tell this story very quickly.
35:28
Speaker 1: Haiti was the economic engine for Again, people seem to
35:31
Speaker 1: say we're stoop and all this stuff. Haiti was the
35:33
Speaker 1: economic engine for France, and it was so important to
35:36
Speaker 1: France as it ways war around the world that Uh,
35:42
Speaker 1: France's military leader sent his brother Uh to oversee Haiti.
35:48
Speaker 1: Napoleon sent his brother Haitians over decided they wanted freedom
35:54
Speaker 1: and uh did you know, and ran his uh Napoleon's
35:59
Speaker 1: brother out of Haiti. So Napoleon came and the only
36:03
Speaker 1: place that's ever beat Napoleon is Haiti. And if Haitians
36:07
Speaker 1: had stopped there and just organize themselves, the story would
36:12
Speaker 1: be different. But they went on a rampage. That is
36:15
Speaker 1: why I say, whenever you make an emotional decision, it's
36:16
Speaker 1: a bad emotional decision, it's a bad one. They went
36:18
Speaker 1: on a rampage and did some really horrible things to
36:22
Speaker 1: French citizens and all that kind of stuff. And they
36:24
Speaker 1: went next door the dr Dominican Republican did some not
36:28
Speaker 1: some nice things there. This is my opinion. By the way,
36:32
Speaker 1: some people, I'm sure they're going, I'm sure sure of
36:34
Speaker 1: folks who are going to be all in the comments
36:35
Speaker 1: from who are Haitians. But I'm giving you a compliment.
36:38
Speaker 1: And at the same time, when they're messing up the economy,
36:42
Speaker 1: that the economic engine that they were creating all this
36:45
Speaker 1: money they were shoveling back to France.
36:48
Speaker 2: France was in the.
36:49
Speaker 1: Negotiation to sell what we now call New Orleans to America,
36:52
Speaker 1: a very young America. But Haiti is so crippled the
36:56
Speaker 1: economic engine for France that in an instant, France had
37:00
Speaker 1: had to expand from this little place called New Orleans
37:02
Speaker 1: to what was called the Louisiana Purchase, which which was
37:06
Speaker 1: more than a dozen American states at this time, this
37:09
Speaker 1: was the biggest representation of this new country of America.
37:13
Speaker 1: And they only did it because they were desperate because
37:15
Speaker 1: of what happened in Haiti. And now this last part
37:20
Speaker 1: is just my opinion. I believe France got so angered
37:23
Speaker 1: by that, having to do that and sell this land
37:25
Speaker 1: to America for pennies on the dollar. By the way,
37:29
Speaker 1: that they got so angry they actually organized themselves with
37:31
Speaker 1: other European powers for which they would normally against it,
37:34
Speaker 1: said we've got to now put Haiti in a poverty
37:37
Speaker 1: box as a penalty. No one else can rise up
37:39
Speaker 1: against us like this, and they need to be an
37:41
Speaker 1: economic despot for five hundred years, which effectively is what's
37:44
Speaker 1: the case.
37:45
Speaker 2: And actually Haiti had to pay reparations.
37:46
Speaker 1: If you can believe this back to France, that's a
37:49
Speaker 1: whole nother thing for another time. And by the way,
37:52
Speaker 1: I don't want you get angry about any of this
37:54
Speaker 1: right there. If you want to find reason to be angry,
37:57
Speaker 1: there are bums, and all of our families they're a
37:59
Speaker 1: bum you know, I call a bum factor. Twenty percent
38:02
Speaker 1: of black folks of bums, twenty percent of white folks
38:04
Speaker 1: are bums. Twenty percent of Africans, Caribbeans of bums. Twenty
38:07
Speaker 1: percent of Republicans and Democrats, Europeans, Asians, you know, are bums.
38:11
Speaker 1: There's bums that I got bums in my own family.
38:13
Speaker 1: You don't need to go to place blame. And by
38:15
Speaker 1: the way, there were Africans involved in the slave trade.
38:18
Speaker 1: How do you think people got to the coast, so
38:19
Speaker 1: you know they were a native. There were Arabs and
38:23
Speaker 1: Indians and middle people in the Middle East, and of
38:26
Speaker 1: course Europeans involved in the slave trade. So this is
38:29
Speaker 1: not about blame. This is about you understanding your history
38:32
Speaker 1: and repairing it. So so there's your little sideline on
38:38
Speaker 1: the debt wheel. I think to Haiti and why I
38:41
Speaker 1: think people like President Bill Clinton and others have been
38:43
Speaker 1: trying to repair Haiti eighties to this day is just
38:47
Speaker 1: a sad and hopefully evolving story. But brilliants have come
38:52
Speaker 1: from Haiti. I know several brilliant businessmen and businesswomen. Harold
38:57
Speaker 1: Charles has An airport named after him in Turks and
38:59
Speaker 1: k Coast Islands. I mean also many folks expanded left
39:05
Speaker 1: Haiti and did incredible things once given a level of
39:08
Speaker 1: playing food and the tools to be successful. And I'm
39:11
Speaker 1: trying to give you the tools to be successful because
39:13
Speaker 1: I know when the rules of published and the playing
39:15
Speaker 1: fooders level is Jesse Jackson quote, where the rules of
39:18
Speaker 1: publishing the playing Fieller's level, you kill it, just like
39:22
Speaker 1: we did with the arts and professional sports, and church
39:27
Speaker 1: and politics and in the military. When the rules of
39:30
Speaker 1: published the plain bull's level, we succeed. And I'm trying
39:33
Speaker 1: to give you the rules and a level playing through
39:36
Speaker 1: on capitalism and free enterprise. So where are the possibilities
39:41
Speaker 1: Black Africans invest in Africa and African infrastructure, in businesses, fintech,
39:46
Speaker 1: real estate, agriculture, trade, African entrepreneurs. T happened to African
39:52
Speaker 1: American markets and brand power everybody using their strength. Caribbean
39:58
Speaker 1: nations become hubs for culture, tourism and offshore financial centers
40:02
Speaker 1: for global black prosperity. We have invested in a Caribbean
40:06
Speaker 1: nation Turks and Caicos like me and my family, and
40:10
Speaker 1: I think this is just so natural to connect with
40:12
Speaker 1: the Caribbean nations and African Americans on your way to
40:15
Speaker 1: Everybody should go to Africa once a year. In my opinion,
40:18
Speaker 1: you go there for a cultural exchange, find your roots
40:20
Speaker 1: literally and then go. If you want to do business,
40:23
Speaker 1: you need to go there probably three times a year.
40:26
Speaker 1: But you need relationship capital. That's a whole other video
40:29
Speaker 1: podcast for another time. And imagine a black silicon valley
40:34
Speaker 1: between Atlanta, Lagos and Kingston or you know Rwanda. My
40:40
Speaker 1: friend who is the President of Rwanda, has tried to
40:44
Speaker 1: position Rwanda as a silicon valley because they're landlocked, and
40:48
Speaker 1: I think he's doing a great job of it. It's
40:50
Speaker 1: like it's like a vision for like Singapore without the water.
40:55
Speaker 1: In Africa, there's so many breakout incredible stories. My friend
40:59
Speaker 1: Stride Masee, who is the Bill Gates of Africa, is
41:02
Speaker 1: the six richest man in Africa last time I checked.
41:05
Speaker 1: Dear friend of mine met him through Ambassador Young. We
41:06
Speaker 1: become dear friends, and he is when you bring him
41:09
Speaker 1: in a room, he is the most He's the smartest
41:10
Speaker 1: guy in the room. Not no one says he's a
41:12
Speaker 1: black guy. They say he's a brilliant guy who happens
41:14
Speaker 1: to be black. So, as we wrap this this segment
41:19
Speaker 1: up and hopefully you've enjoyed this, we need to go
41:21
Speaker 1: from division to collaboration. I need you to educate yourself
41:27
Speaker 1: on what you don't know. Read, watch, listen to each
41:30
Speaker 1: other's stories. God gave you two ears in one mouth,
41:32
Speaker 1: so you listen to twice as much as you talk.
41:34
Speaker 1: All right, Why, Quincy Jones, how'd you get so smart?
41:37
Speaker 1: I'm just nosy as hell? He told me, I want
41:39
Speaker 1: to know everything about everything, So stop knowing so much
41:41
Speaker 1: and started listening. Be ear, hustling, and understand your history.
41:45
Speaker 1: I've went and done my research of African ancestry andaccestory
41:48
Speaker 1: dot com. If you were enslave, your history go only
41:50
Speaker 1: goes back, but so bar because you weren't a name,
41:52
Speaker 1: you weren't a family legacy. You are an You were property. Literally,
41:57
Speaker 1: if you have there's a bank with a one hundred and
41:58
Speaker 1: fifty year old history, they have slaves on their books
42:01
Speaker 1: because if they were going to finance a plantation or farm,
42:04
Speaker 1: that plantation or that farm had assets which include livestock,
42:08
Speaker 1: include the real estate, physical assets, but it also included unfortunately,
42:13
Speaker 1: slaves were not hum to humans. They were considered property.
42:17
Speaker 1: You were't a human, you were property. And so you
42:20
Speaker 1: literally banks are over one hundred and fifty years old
42:22
Speaker 1: today have slaves on their books. Don't trust me and
42:26
Speaker 1: go do your own research. So just understand the history
42:32
Speaker 1: and have compassion and empathy for where people have come
42:34
Speaker 1: from and how their stories are different.
42:36
Speaker 2: And let's meet in the middle.
42:39
Speaker 1: Travel, get a passport, visit the motherland, or if you can't,
42:43
Speaker 1: at least the islands. Collaborate when you get the islands,
42:47
Speaker 1: do more than party. Collaborate on business, on art, on entrepreneurship,
42:51
Speaker 1: on culture, on trade, build relationship capital, Start a Pan
42:56
Speaker 1: African economic circle and invested with intention. If you like,
43:00
Speaker 1: start a financial literacy circle. Teach your brothers and sisters
43:05
Speaker 1: how this a system works. Again, I think this is
43:08
Speaker 1: the civil rights issue of this generation. Financial literacy heal
43:12
Speaker 1: acknowledge the trauma and begin the work of reuniting us
43:15
Speaker 1: with us. If we unify, we're not minorities. We're a
43:19
Speaker 1: global majority. With leverage.
43:23
Speaker 2: I've been to one hundred countries. I've been to.
43:28
Speaker 1: More than thirty countries in Africa, just more than just
43:32
Speaker 1: more than half the countries in Africa. I've been to
43:34
Speaker 1: South Africa more than forty times. I had offices in
43:37
Speaker 1: South Africa, Morocco, Saudi Arabia, which I call consider a
43:44
Speaker 1: sort of North North Africa and the UAE, but proper Africa.
43:49
Speaker 1: I've been to many, many African countries and I just
43:51
Speaker 1: love the Africa. Would coach me and my wife were
43:54
Speaker 1: engaged in South Africa on safari.
43:58
Speaker 2: It is.
44:00
Speaker 1: Just the earth feels different, the air smells different, the
44:03
Speaker 1: experience will change. You don't laugh at Africa. Love Africa.
44:08
Speaker 1: Understand that it is no laughing matter that that is
44:10
Speaker 1: your If you're after American, that is your home. Well,
44:13
Speaker 1: it's all of our home, but it's really your home,
44:16
Speaker 1: and it's the missing link. It's why we don't feel complete.
44:22
Speaker 1: Where we've spent too much time and for too long
44:26
Speaker 1: separated by oceans and pain. It's time to build bridges
44:31
Speaker 1: with our minds, our hearts, and then our money. We
44:35
Speaker 1: want global black prosperity, not just black lives matter, Black
44:39
Speaker 1: capitalists matter. I want you all to tell your friends
44:43
Speaker 1: about this podcast, which is number which is a top
44:46
Speaker 1: one hundred or one hundred and twenty five in the
44:49
Speaker 1: world for on an Apple platform for business in top
44:53
Speaker 1: fifty in the US for entrepreneurship. It's also top on
44:57
Speaker 1: every content including the African continent, the South Africa in
45:02
Speaker 1: particular in the UK for Europe, Chile for the Latin America,
45:07
Speaker 1: Saudi Rabia from the Middle East. I'm sure I'm missed,
45:12
Speaker 1: so Hong Kong for Asia. It's this is a this
45:14
Speaker 1: is a global conversation. We're all in this together. Where
45:17
Speaker 1: this country in this world is going to live or die,
45:20
Speaker 1: prosper or not based on how we embrace each other
45:23
Speaker 1: and find our common similarities with our versus our more
45:27
Speaker 1: very uninteresting differences and find common ground. We need to
45:30
Speaker 1: understand the what, the why, the where so we can
45:34
Speaker 1: figure out the destination of how we all get there together.
45:38
Speaker 1: This is John O'Brien, This is Money and Wealth The
45:40
Speaker 1: Black Effect Network podcast episode in season two, and tell
45:47
Speaker 1: your friends to go to Operation and Hope get your
45:49
Speaker 1: coaching and counseling with the largest financial literacy coaching organization
45:53
Speaker 1: in America, fifteen hundred offices in forty plus states. We're
45:57
Speaker 1: the only organization allowed to operate inside of a bank
45:59
Speaker 1: brand getting the bank out of the no business back
46:01
Speaker 1: in the yes, business moving people up and out of
46:03
Speaker 1: poverty at scale, getting your credit score up, your debt down,
46:06
Speaker 1: your savings up, so the bank can say yes, because
46:08
Speaker 1: the bank just wants a good loan. The bank's not
46:10
Speaker 1: discriminating against you today because you're black. It might have
46:13
Speaker 1: been forty to fifty one hundred years ago, for sure,
46:16
Speaker 1: when the bank was privately owned by some racist family,
46:19
Speaker 1: but now you know everybody owned some stock in money
46:22
Speaker 1: center banks. If you're in the stock market. These banks
46:25
Speaker 1: just want to make good loans, and I want them
46:26
Speaker 1: to make a good loan to you, So I want
46:28
Speaker 1: to get your credit score up to seven hundred. So
46:29
Speaker 1: the bank just says yes, like they did to my mother.
46:31
Speaker 1: So you can become a homeowner, a small business owner,
46:33
Speaker 1: an entrepreneur, so you can send your kids to college,
46:36
Speaker 1: so that you can travel and get your expansive experience.
46:40
Speaker 1: You can get a good job either writing it either
46:42
Speaker 1: cashing a check or get or create a business and
46:44
Speaker 1: write a check so that you build wealth at scale.
46:47
Speaker 1: This is a silver rights movement. From civil rights to
46:50
Speaker 1: civil rights, from civil rights, civil rights to silver rights.
46:54
Speaker 1: From the streets to the suites. This is an ownership
46:58
Speaker 1: agenda and you can anticipate in it. You can be
47:01
Speaker 1: a positive force in this world. And you don't have
47:03
Speaker 1: to hate on anybody else to do it. Hate actually
47:06
Speaker 1: is a problem if you do it. Doctor King once
47:09
Speaker 1: said that hate and evil have within it the seeds
47:13
Speaker 1: of their own destruction. I'm paraphrasing what doctor King said.
47:17
Speaker 1: So don't hate on somebody else that may ricochet back
47:19
Speaker 1: on you, because thoughts are things. To rationalize is to
47:22
Speaker 1: tell rationalize, and disease is often disease. And you die
47:26
Speaker 1: at sixty one years of age, if you have a
47:28
Speaker 1: five hundred credit score with a surviving mindset, you don't
47:32
Speaker 1: even get the Social Security age, which is sixty five,
47:34
Speaker 1: I believe. But if you have a thriving and winning mindset,
47:37
Speaker 1: a building mindset, you're optimistic, you believe in an opportunity
47:40
Speaker 1: and potential, and you'll get your credit score up to
47:42
Speaker 1: seven hundred. You lived at eighty one years of age
47:44
Speaker 1: or better, and now you can live the American dream
47:47
Speaker 1: for yourself and expand your legacy on for others. Let
47:50
Speaker 1: us now be a light for the world, a light
47:53
Speaker 1: for the world. Let's continue this work that we're all
47:56
Speaker 1: in the world actually needs us. A world America, cannotsics
48:00
Speaker 1: need unless black and brown people do. Yes, you heard
48:03
Speaker 1: that here. And we need to embrace our poor white
48:05
Speaker 1: brothers and sisters, and need to brace ourative Americans, are Asian,
48:08
Speaker 1: our Indian women, we all. I need white folks to succeed.
48:14
Speaker 1: If you're proper and if you mean well, I'm with
48:17
Speaker 1: you one hundred percent. We need all everybody to come up.
48:21
Speaker 1: Because if you live in America, your enemy is not
48:24
Speaker 1: a black or white person next to you or a Republican,
48:26
Speaker 1: are a Democrat. There are four countries trying to take
48:28
Speaker 1: you out Iran, North Korea, Russia, and China. They want
48:33
Speaker 1: your way of life, but they can't get in a
48:34
Speaker 1: fair fight. They need for you to argue with each
48:37
Speaker 1: other and get into fistfights. And everybody wants to be
48:39
Speaker 1: an American, but Americans. Yes, I said it. Capitalism and
48:44
Speaker 1: democracy are horrible systems except for every other system. Let's
48:48
Speaker 1: stop trying to do the perfect. Let's just get this
48:50
Speaker 1: system that we have here as imperfect as it is
48:53
Speaker 1: and created slavery that I am a long descendant from.
48:57
Speaker 1: My second great grandfather was a slave. Young fought in
49:01
Speaker 1: a Union army for the emancipation proclamation. My grandfather, Arby Smith,
49:04
Speaker 1: was a sharecropper my second grade, my second grade grandmother
49:07
Speaker 1: on my mother's side was also a slave, So I
49:10
Speaker 1: know where I come from, my mother who grew up
49:12
Speaker 1: in a shotgun shack and East Saint Louis when Heeda
49:14
Speaker 1: Smith got wrest of her soul. But I'm not gonna
49:16
Speaker 1: harbor on that. I'm not gonna hate on that. I'm
49:18
Speaker 1: gonna spend my time wrestling with that. I'm gonna move
49:21
Speaker 1: up and out because I am God's child and this
49:24
Speaker 1: is the rainbow after this storm, I'm out. John O'Brien,
49:28
Speaker 1: I see you. The finish line. Money and Wealth with
49:44
Speaker 1: John O'Brien is a production of the Black Effect Podcast Network.
49:48
Speaker 1: For more podcasts from the Black Effect Podcast Network, visit
49:51
Speaker 1: the iHeartRadio app, Apple Podcasts, or wherever you listen to
49:55
Speaker 1: your favorite shows.