THE COMING CIVIL WAR [2021-12-01]

2021-12-02
there's a change in every heart there's such chg there's such ang not say love like
hy
silent wspvoting in the demon stared a me from everywhere away my trusts gota feel right they're hiding in the shadow every there's changey heart bea there'
there's a s fn not in for ech pt and i in for ech and i in for e
nothing
see the midnight sun
fill my life im alone
one by one i hear angels call and watch them as theyllotheride and i don't have to worry anotheride
head and gosidel then cod listen left me alone i slept guys i slept
to me i'm just standing herere in time hees something burning to me i' sanding here se
there's no end there's no hold i wanter feel the rain when i stop give me for the bad things i have done osid
something burning in me i'm standing here kill inside what is wrong with me i'm standing here killide
something bluring to me im sanding here
j andside and the ho understanding ie he goes
what's happening
i was sleeping like a child for too long
in the darkness of night so
longing for a moment to live in for a moment to care
but she's not there s there's such angevery heart there's such there's such changevery heart my far in my hand my far would g never ask for help no one could know f between
the commer a nver there's a changey heart there's there's su changear be not s lol
i
silent was proerfloding ind thear the demon stared at me from everywhere away my trusts gota feel whats right there hiding in the shadow of every
there's a change very hartbeat there'sche there's a ange hertb and noth
can not say
fi
i was sleeping like a child for too long
in the darkness of night sol
longing for a moment to live in for a moment to care
but she's not i want to ask you all a question how many of you right now
how many of you were around in twenty sixteen and how many of you remember the feeling of the burning movement
how many of you remember what that was like
cars
ver there's s change in every heart there's such change there's such chang heart be the nothing love
i see i s
alright okay
you know it's interesting when it comes to these kind of movements right specifically bernie's right in twenty sixteen or maybe you can look at it like trumps or whatever else but what's really interesting is that i want you to bear with me here right want you to bear with me because you're going to have
do a little bit of some thinking is that ok and i ask you to do some thinking because usually i just say shit to so the don't the biggest dumb ass can understand when you guys do a little bit of thinking just a little bit we experience reality we experience political reality right on the internet
and through the media specifically we t we experience it as a continuity as a flux of information right and if you're a leftist being a leftis basically means you have this idea that there' is an organic flox of information and there's a natural flow of time thank you or b and that there's a there's a discourse and
there's a mob and that this is aulimately the source of everything that's correct so lefts will basically say
when you see this stream of information coming on twitter or on you tube when you're turning on the cable t v you see this is like an authentic expression of some kind of authenticity right it's this continuity of information where what the establishment says is ultimately true even if you disagree with it you're never going to get
to the point where you're going to say it's all corrupt rotten say tanic manipulation and evil right that's where the right wing will come in now if you're a right winger you'll turn on the media and you'll look at what people say on twitter and you'll look at what people see on the internet this is all a bunch of bullshit this is all a bunch of bullshit i can only trust myself and my own individual
experience i can't trust none of that bullshit it's all a bunch of bullshit it's all manipulation fake news and lies right so you have two very different ways of experiencing
experiencing reality and information right and the flow of information but the problem with the right wing position even though it's more true than the left wing one is that you end up having to ask the question what can you trust what really can you trust right and that
that's why you can lead to things like colts and just a very closed type of way of experiencing reality because you can't trust anything and you can't rely on anything you call into question absolutely everything and there's no sense of a collective reality you can actually trust
right
but there's something interesting about that burning movement
there's something interesting about that burning movement right
because it seems like it was neither of those things right
it seemed like with the burning movement
you had on the one hand a really authentic experience of ao of
it seemed like it was a different path it was a different vector
it was a different
ah polarity in a way right
there's a different orientation where
it was something authentic but it defied
the the establishment it defied this normal experience of reality yes the medias a bunch of liars twitters a bunch of liars but we still have this low this stream of information that we can trust so there is this profound sense of collective trust and collective consciousness right with the burning movement
now i look like shit on twitter i'll tell you why i look like literal shit on twitter right i look like shit on twitter because i'm a force of resistance i'm a force of ah
to
stoppage on the on the the continuity of the flow right
on twitter you have a mob that they're all in agreement about the authentic source of reality in the continuity of experiencing that reality right and me on twitter i'm a guy who said a notuk you right you're full of shit but that puts me as a that puts me in the same boat as the reactionaries in the right wingers and all that kind of stuff
right i'm just a kind of force of resistance i'm just the force of pushing back so on the one hand you have the authentic movement right you have the movement it's kind of like what cabb calls the movement you have the movement and then you have people like me who are stopping the movement and halting the movement and doubting the movement and questioning
the movement right the discourse the movement whatever you want to fok and call it right
you guys get this or no you understand this thank you mr vila but he's the thing we can't be comfortable in this position we can't be comfortable in this position of just of just pushing back
right
if we want to revive communism in america
we need to tap in
to this alternative velocity this alternative polarity that we saw in twenty sixteen with berney and we need to revive that right somehow we need to revive that which basically means
infrared has not yet accomplished this ultimate goal right our ultimate goal
is to create an organic and spontaneous feedback loop right we want to create a feedback loop
that can take it can be a runaway feedback loop that can take a life of its own
right now infrared
is still based on the central command center of infrared a top down thing right we haven't gone viral yet worre we're a top down army we're an army we're still an army right the show runners we are the commanders you are the soldiers we're an army right we haven't gone viral yet and initiate
a feedback loop a positive feedback loop we're just spontaneously we just go viral and people get it regardless of their their lok there you know personal loyalty to me everyone who believes in infrared right now and is interested in infrared
is loyal to me i'm your khan i'm your leader right
but we want to get to a point and this is what it means to make marxism leninism mainstream we want to get to a point
to
where people can just get it without having to directly be loyal to me personally that's what
the twenty sixteen berniy thing was about that's what occupy wall street was about and we need some of that we need a tap in
to something authentic in the core of this situation in america right now
we need to tap into that and draw from that the source
of this unique vision because right now this is a wager i'm i'm making a bet in a way right
i'm not
just re
i'm just i'm not just going against the tide you understand
i'm not just going against he
the tide
i'm i'm betting
that there's another tide there's another mainstream there's another discourse there's another movement it hasn't awakened yet but i'm
making i'm risking everything betting that
i'm betting i'm not i'm not being comfortable here like i'm always going to be in the minority and i'm always just going to be complaining and pushing back i'm making the bet that we are going to make contact with this sleeping giant this silent majority of the american working class millions and millions and millions of people that we will make a breakthrough form of contact awaken
them and initiate a process of runaway feedback to actually make this a real thing to
to realize the consequences of what the infrared vision is the people's party the c p s a whatever it fucking is we want to make that final breakthrough right and at that point we will have accomplished our goal if this is not about winning debates
on twitter with the left it's not about winning the left this's not it's not even personal against them we are my wager is that the people my people are out there right
our people are out there that the raw material the nicche or infrared to mean something for the american political situation it's out there right now we're like north korea we are en closed were this is a top down thing it's like i'm you know you guys are all waving around the
ations of chairman has you understand this is a top down ideological project right now but and there's there's signs of like an authentic thing going on like with all the means you guys create on twitter with all our inside jokes but we're not in the clear yet we're not in we're not out of the water yet right we need to get to the point
where infrared
you know it's really similar when it came to marx and angles when they were talking about the proletariat in the proletarian revolution marx and angles they were with this closed group called the young gelians and
they were making a bet that yes it's the workers right it's the proletariat that this is going to be the future of
the world right they're going to inherit the earth
and that they're going to be the source of this profound revolutionary change and they were just betting on that right that's all they were doing
is making that bet and eventually they did make the breakthrough cily with the rise of the second international when it actually did become a mass movement in the breakthrough was accomplished toward the end by the by the
time of angles is end of his life he was vindicated him and marks were vindicated right everything they thought was going to happen in the eight hundred forty's eventually did happen and the thing took on a life of its own give me one moment of you abt
o ma what you do j com n mater what you do
m
what you guys gota understand it's that all of us who are on this infrared train we're an army right now but guess what guys we have to believe in a force greater than us thank you dar
thank you appreciate you dark we all need to believe that this is all coming from a force greater than us all right this isn't about us and this is coming from a force you have to believe greater than ho it's not just me the genius has i'm you have to believe that i'm reflecting something bigger than myself
and i'm doing it imperfectly too right but what i'm insisting on is that there is a nech for communism in america that there is something world historical about this future that there is something inevitable about twenty thirty six and the twenty thirty six project right that is somewhat a type of destiny that communism
will be brought to united states to america right and it's going to come from the exact opposite of what people expected to come from right now you have to understand that you have to understand that this isn't about me this isn't about the showrunners it isn't just about the infrared collective
we are trying to say something bigger than us right which means we can't get cornered into this trap of being bitter people and being mad that we're not as popular as we want to be right now
and that we have everybody coming against us right
we have to acknowledge that
part of the belief that's part of the faith is a faith i still have can i prove it no can i be certain about it no i can't all i could do is just believe
that this is going to pay off and that our people are out there
we don't want to put a halt to history and we're not reactionaries like how they try to accuse us of being
we do have a vision of the future we do have a view of the future of an inevitable fate and an inevitable history and we do have a view of the winds of history blowing in the direction that we're looking at
the c pusa is trying to make it seem like we're reactionaries who fear the movement of p o c and l g b does dumb shit our response is that the're the reactionaries who fear the growing movement of the american people
the american working people specifically specifically in the form of this inconvenient populism that we're witnessing the resistance to the mandates which is across political lines and i want to be clear about something guys we will embrace the trump people with open arms we embrace the trump people with open arms and we're very sympathetic to the trump the magam
movements anti establishment position but we're not just that we are not just that we're not as they're trying to strawn us into saying oh you just want trumps maga movement to be communist it's not just trump's maga movement we want to create a deeper form of unity that's across racial lines across
cultural livees across geographic livees we want to create a more fundamental unity that includes those people but it's not just those people it's not just the maga movement just like iw you're seeing in new york everyone's coming together black lives matter maga union people small businesses they're all coming together to oppose and resist
the vaccine mandates it's bigger than trump it's bigger than maga trump was just the beginning right tru was just the beginning bernie was just the beginning this is something bigger than all of that and that's what the goal that's the mentality communists need to have we are looking at something bigger than all of the shit it's not just bernie or trump or this or that
it's a more fundamental social revolution that is at hand that we communists want to give expression to and allow the ability to breathe we want to be able to breathe right
i don't think trump's going to be able to contain the anti establishment populism of his own base i think his own base is already more anti establishment than trump hiself and if you think that the trump movement is just
all completely brainwashed by trump you're wrong now this don't don't don't take out of context here but when trump was at a rally and he was like yeah i got vaccinated guys they mo him now am i am i saying that being against vaccines is good no i'm just saying they have a there they have a life of their own it's not just about trump
right and also something i've really been thinking about too which has been pissing me awfu a lot thank you reaperpreciate you is that this straw man idea that we're trying to erase indigenous americans from the you know from america and
and we don't we don't want to acknowledge indigenous people and that's a plain face buckt liy right it's just that actually we go farther we are more indigenous nationalists then the fath go leftist the leftists are the ones who are the white supremacist who are trying to dictate the terms and conditions of an indigenous movement we believe
thank you you long i'll tell you what we had infrared fundamentally believe
and we've always believed this by the way we believe
that the indigenous people of america specifically the ones within the united states
have a fundamental role in defining the spirit of this country the roots of this country the spirit of this country the air we breathe the geo the geology of this country the the soil the sun the air the sky all of these things are given human expression and human meaning in this land by the indigenous people
and that's always been the case even despite the racism of the founding fathers and all that shit they also fundamentally believe that to look at how much how many of our states and our cities are named after indigenous the indigenous language and so i want one hundred percent
in favor of deepening the relationship between the united states the identity of the united states and the culture of the indigenous people who are indigenous to this land right
this idea that we're against indigenous people and we want to a white supremacist movement that's without indigenous people no we want to movement that unites indigenous people with the trump white working class and with the black population and with the hispanic people of this country the american identity that we believe in is an identity
of the future we believe in a different american identity then this straw man created by leftist of just white people and wasp the american identity is going to be indigenous to this soil it's going to be white black indigenous and that maybe whitere isn't even a good word right it's going to be european african
indigenous hispanic it's going to be a fusion and a mixture of all these things and if we don't believe that these things can come together and be meaningful and make something that that that heals the wound of racial division in this country then you don't have any faith or belief in humanity whatsoever
understand we are all here in this land right the european settlers been here for hundreds of years that african people who were brought here by no choice of their own been here for hundreds of years hispanic people been here for hundreds of years right indigenous people been here before everybody this is all part of an objective real history that defines the
identity of this country of what america is you understand it's about what the identity of this country is
and the idea that we're here trying to say that it's a white identity is a fuckin boald faced lie
a country is a combination of people land history culture and all these things how people interface with their land and make sense of their land right indigenous people have been here thousands of thousands of years so they're more closer to the land of this country than anyone else right and that runs deep
that ability to interface with the land and give mythals and give meaning to the land right is a fundamental part of any american identity right so indigenous people are part of the future american com
communist movement the patriotic movement that we envision is right to be on leash and the idea that we just want only white people or whatever is a complete fucking lie it just happens that white people make up the majority of this country right now right or your people of european descent i guess so what that doesn't mean you're supremacist only for the
m was len in a russian supremacist because russians were the majority at the time no
and america doesn't have to mean just because majority are european right now doesn't mean that it america has to be defined as an exclusively european project or identity right the american identity has to go beyond all those things
we actually do believe in america and when we say america we don't just mean the united states from seven hundred seventy six because the united the movi the americans who fought the british in seven hundred seventy six they were themselves part of a greater movement than even they themselves co contain they were part of a fundamental striving
inner striving as soalin noted by the american nation to come into being and there is an american nation as stalin pointed out he wrote about it in the his writings on the national question there is an american nation that en compasses this land and seventhundred seventy six was just the beginning right as communists we want to deepen
the project to constitute the american people as a nation as a people i'm not even just saying right now all america' is a melting pot it's more than just a melting pot you understand it's defined by specific ca
cultures the indigenous people the black people hispanic people these are all people who have defined america's culture right
defined america's culture
we want to as communists what we want to do is build the american civilization for the first time
we don't have a civilization right now we want to build a civilization this is our fundamental belief
as communists with the capital siege we want to build the american civilization
which will also be a eurasian civilization right
because we're goninga build the land bridge
the siberia
to
two
we do believe in seven hundred seventy six and we drop from seven hundred seventy six but we're not limited by seven hundred seventy six wonderstand sevnhundred seventy six is the beginning it's not the end onderstand seven hundred seventy six was the beginning of this project to construct
to build the american civilization which is already here right we want to make america this is our vision and land based civilization a
land based civilization we do want to fight against the sea based american empire the naval based american empire that's got bases all over the world and is trying to rule the seas of the entire globe no we don't want that we want to make up land based american civilization that will be a fusion of all of the cultures a syncreticism of
all of the cultures indigenous to this land so that's why i say we're eurasianis because we're not atlantiss the atlantic ocean is on one side but on the other side of the north you have what siberia so that's that's the polar orientation we want to reorient
and this country toward that's ultimately what this means you see this infrared globe we are
are american civilization builders that's what do want to be so don't ever get cornered by these fucking people on twitter trying to say oh you're just white lvns some white supremacist who are trying to oh you're just a maga movement with the
red flag we think the maga movement the former maga movement will be part of something even greater than it understand something even greater than it it's not it's not just the maga movement it's a more fundamental unity you know the american people are not defined by the boxes you see on the media right
it's not just about whether you're a mago trump supporter or whether you're something else you know the's a silent majority of people who don't really feel like any movement represents them right now right even a lot of the maga people are just disillusion and it and really the whole thing that's holding together this maga movement right now's because abided
bn byen fock off is what's doing that right but instead of being at the forefront of making sense of people's discontent with the biden administration the communist party is holding water for biden and apologizing for biden and digging their own fucking grave to go down with by right the
if they hate trump so much why are they helping trump more than anyone right now
look at this dip shit cold n hey coldn why don't you get in fuck and v c you buckin dip shit
you don't know a goddamned thing about geopolitics which actually fucking ah
is about that destiny's talking mad shit about you
sent me the clip
what the fuck is this
the dest needs talking shit about me apparently
ok here we go
apparently destiny talking shit about me
you know i i had a stdreame plan to talk about my own shit and i got to get involved with this fucking leach
this fucking orbiter this beta orbiter destiny
let's see what he said
why do you engage with rob norb but not infrared infrad also which is crazy shit much like robin most that stuff is based in howsi i think rob is smarter than infrared
ever read is funny and he seems to know some interesting quips of
history kind of
but he's not very much in this world yor up to date on anything recent and i don't think he's as sharp as robos
is that it
how's the spaghetti factor on
why do you engage with rob norb but not infrared infrad also wich is crazy shit much like robin most thatuf is based on howsi i think rob is smarter than infrared
iver heard this i haven't really listened to rob so i can't go to this
funny and he seems to know some interesting quips of
history kind of
but he's not very much in this world or up to date on anything recent and i don't
how do you know
how do you even know that
how would you know that
what if i am
i'm not in this world
well that's that's that's what i've been talking about
that's exactly what i've been falcking talking about
before you showed me this sclipt by destiny
i'm not in this world
what he means by he's not in this world is he doesn't share the stream the same stream of experience as me
right
he doesn't share the same continuity and stream of information as me he doesn't
believe that the established way in which the world
is formed before my eyes
he doesn't participate doesn't share my world right
what destiny doesn't understand
is that his world that he's talking about this world
is not phenomenologically given and the word phenomenologically basically is referring to
ah
the outer experiences
that impresses itself on our senses right
he thinks that when he you know when he's going on twitter and participating on discourse or when he's turning on the mainstream media and he's listening to what the authoritative voices are saying
from the universities or whatever the fuck else
he thinks that
this is the world and that's the only world but destiny
what if i told you
a what you call what you're referring to as this world
is contingent it's not given it's actually based
on a specific on
on a specific institutionalized
filtering of the world
it's not the only world
my world has as its center of gravity
a different source of potential right
i have a different source of potential than you i see as the object of my vision of my world
a dormant movement waiting to be awakened right
i see something that isn't being given expression
by the people on t v and all that kind of shit
but you destiny
your world
that's you're talking about
ah
is not based on what's potentially or virtually possible it's based on what is already actual
right and what's already given to you discursively
and all that kind of shit
so when you say i'm not part of this world your bait you what you basically mean is
i'm not part of more or less he's basically just saying i'm not dwelling within
the discourse of the establishment
that's exactly what he foking means
i think these detached ramblings are what he's referring to with what he said
so okay
then if you don't want to go into this philosophy shit
i want you in a plain spoken way and d eas you specifically
blain's spoken way
please qualify what he means by me not being in this world
just give an example
how am i not up to date with the world how am i not in this world
because i'm
wagering on a third party right
and a third party doesn't exist right now is that it
go ahead
the easy please just simplify what destiny is trying to say then
this explain
why am i not in this world
because i'm wagering my bets on something that c n n isn't talking about yet
that long rand you just did was hard to follow or understand
why don't you have the humility to accept maybe you're just a little bit too stupid to understand it
is it my fault
even if it was my fault
you can't just say that i'm not in this world
what does he mean i'm not in this world
how do you know it notut in this world's destiny what is the world
what world are you referring to is is the world reducible to what you see on cable news
what's you seeing on the top google results
because
let me tell you what destiny i'm going to recommend right now i'm going to recommend destiny a book
in a book i am going to recommend to destiny
is
the black swan by nicholas na seem talent
i not seem nicholas toallep
right he's still talking mad shit
let's see i want to recommend destiny the book the black swan by s nicholas toller
because that book's going to teach him
that the things that actually come to define our world
aren't actually anticipated by the world in the present time
it's always a black swan that the idea of black swan is like
the conventional prejudice is that all swans are white
what happens when you find the black swan everything changes right
well that's actually what defines history and what defines
our world
marx also believed in the black swan
which she called the proletariat
that was a black swan right
it was something
that he anticipated but wasn't
already there
what is he saying
d a funny epsodehre they were talking about how
trump watches you know they were talking about his awesm friends or whatever
yeah and they they
they made a bunch of like
of those ads those boomer ads
like abouth i remember let's see this is another one
if you knew the book well enough you could explain it to him
he wouldn't have to read it
are you afraid to explain it to him or do you have no idea what you're talking about wait minute so
do why did he write the book that if all if all it took was just to explain it i mean i probably could explain it to him
but desiny doesn't see me as an authority right
but
n seem nicholas tollas's book was like
recognized and legitimated by the establishment itself
so he can t say that this is a result of my ramblings read the book for yourself
and you'll see he's saying the same shit that i was
right
i have to read to him the book
whato chats
are we talking about it like walkie talkies
i guess i haven't had too many negative inactions with hosp but the the
the thing that hurts is i don't ever hear him talk about current events in an intelligent way so i always kind of figure that he was more kind of like a thinker in terms of like philosophy stuff
but the debate that we did over the third party stuff was embarrassingly bad like he just was it was just
wow i would i g
i thought that would be a challenging conversation it was just
it was incredibly embarrassing i was like ok
yeah that's neat
this is you being unwilling to admit
that
you actually were challenged like you're not able to admit it because it hurts your ego so much
but you really were right
and you could tell because the debate had you like
if what you're saying was true then you should have been extremely calm and well composed
the entire debate
but as we could see throughout the debate you were really nervous you were talking really fast
you were getting really upset and flustered and angry and shit right
so if what you are saying is true and that
you know
this debate was a cake walk for you
it wouldn't have
riled you up as much as it did it wouldn't have made you as nervous as it actually fuckinged did
right
you can admit that it was a challenging debate destiny
you refused to accepted the challenging debate
because you refuse to accept
that your reality or your world can be wrong at the most fundamental level it can be everything you think about politics
can be wrong
by conceding to me that that debate was a challenge to you
you're conceding
that everything you think about
politics in this world
can be fundamentally wrong
right so of course you can't concede that to me
everyone saw destniney slap you like a four year old at wal mart
no you're right
he did slap me like a four year old woo at wal mart
which is why i had to call his fucking parents
who then gave him a fucking spanking
right
so you're right he was like a four year old who would come up to me and slap me
but guess what
when it comes to like one of the biggest debate lords on twitch you' expect a little bit more
you expect a little bit more
m
eah i don't know what else to say about that
ok
yeah i mean look
this is just dishonest colk
honestly it's dishonest coult
um
lok like
if you actually go point by point
and actually listen to what each of us said substantively
the ball was still in destiny's court to respond to my points
right and that's how you define who wins a debate actually
it's not about
who is easiest to follow it's not about who like
candors most to your readily made prejudices about the world and about politics
it's about who based on some minimal standard of reasoning
m
address the other person's points
and who didn't address the other person's points and destiny did not address or respond to my points
like
by any standard of reasoning you want to use
the ball was still in destiny's court to explain
why third parties are fundamentally not
something people should be investing their time
and energy into
is that it or what is there any is there anything more
do anything more
is the hop onn voice
okay
did he
i couldn join his room but
i don't
it he can dedemn me i don't know what would
say hes open to chat now
let me see
a room but
i don't
it he can be my i don't know what
so he's open to chat now
let me see because i'm putting one hundred percent
all i'll just get on v c
i'll just get in as we see
hello
hey what's somebody
ya what's up
sit the hap on
chat sorry i
yeah oh you felt like i didn't address any of the points that you brought up
w no did you miss the whole conversation or
no you didn't actually address the substantive
ok once i read any thing you feel like i didn't address
im
on the question of the possibility of third parties and whether people should be investing their time and energy in them
so my answer was you shouldn't be investing your time in any or and energy into a third party because by doing that you're necessarily pulling away support from a party that's more likely to agree with you there's no guarantee that at any point in even the near or distant future that party is going to become viable
so all you're doing is ceding ground to people that you're less likely to agree with while you try to work on some project for a third party but that that that assumes that you can say that
ah
that assumes that
it is necessarily true that a third party isn't going to be possible and it are a sums that a third party necessarily will be but i mean if we look at the data no it's noing it more likely to be correct so as far as i'm concerned when it comes to politics there's absolutely no guarantee of anything either way ok wait but you know no yet can we speak in reasonable probabilities
sure yeah
ok so reasonably what's more likely that a third party will materialize in the next
four five election cycles or not
well ok this is why i said you didn't address my point because i never ide it's that way i adress address your point earlier you just ok i i third party will materialize on the basis of the actions of the agent for whom this is a meaningful judgment
or her hearts being wa mad speak english
ok we materialize for an agent of which this is a let me let me simp wy that i'll go ahead and see it w you have to simplify make it maense because what you just said was meaninglesso it wasn't meaningless because the question is is it going to materialize
with or without your participation
and then you're going to make the judgments of ok i should help and participate in building a third party
because i'm not actually saying that it's going to materialize
independently of the actions of the people i'm trying to address in theers allments you're not ok
stop thinking in big senses of big words because you're missing everything i'm saying
so what you just said
i don't think it's going to materialize without the actions of other people
obviously i agree with you because we're not or actions
the per people i'm trying to address
oh you wait when you say you hold onm sorry when you say you do you mean like me personally or you isn like a general listen i mean the audience that i'm trying to address yes yes so my initial problem my main contention was that
if you take people out of the political system to work on a third party
then they're necessarily going to be taking away support
from a party that they would more likely agree with
ceding power to the other party that was my whole issue
yeah within if we accept that the two parties that exist now are the only parties that are ever going to exist sure but my whole point was that
the only way
we could ever have a chance of a third party is if people take that risk
ok but you're asking people to take a massive risk
and forgo real political power and in the hopes that
ten years
fifty years from now a viable third party materializes
the reason i consider that reasonable is i think if you ask anyone who's willing to be honest about it
the idea that the current two party system is going to be like sustainable in the long run
and that it's going to be able to contain america's current political contradictions i don't think anyone even establishment
ideologys me ho how long haven't these two political parties been around for over like one hundred
fifty years or whatever yeah but this is the argument i also brought up during the debate is that if you look at the historical reasons for these fundamental political realignments and rise of third parties
in the united states
we start ticking all the boxes like right now is a the conditions are right based on the president's
in the past
force like if there's ever a time for something like a third party to arise
because the current two parties are not able to adequately give expression
to the political differences that have risen it's not
ok where is your evidence
for that happening
where is the interest for the third party
w where is that happening
so this is another thing you really didn't address during the debate is that
you're making it seem like the third party is the essential thing and not the inability for the current two parties to adequately address
i feel like that but the's not a problem the two parties right now do address i think the vast majority of american thoughts
where's your evidence for that
well if i try to think of like what is some ideology that's not encapsulated by either of the two parties can you give me some solid examples
yeah i think i'm not i'm not saying that you're using like the political gridlock right nrightw
for their not being parties well actually yeah well is an american th sure but the thing is that i'm actually not thinking of this in terms of ideology i'm thinking of this in terms of the relationship between
the material interests of the various social and cultural formations
in the united states
and the political forms that are given representation to them
so for example a this is actually an example of this
but if you look at what's going on in new york
recently right i think is a week or two ago
you had demonstrations by people from all across the political aisle trump people black lives matter several several others
a discontented democrats that were all marching against a
the vaccine mandates in new york
and
that's not specifically just because they
decided to exain it like an idea is there a is there a one political party right now you think that
is anti vaccine mandate like
well i don't think so thiss ney do wan the worst i want to simplify this yeah i want to simplify this ho hold on stop saying
ok i have to be clear be i'm not letting i do do't want to complain that i'm trying to do real because it's going to you know i don'dtand i understand but i'm just trying to keep it clear when you keep saying let me simplify this you're not simplifying anything you're switching to a different explanation because what you just said but no no i'm not i think i'm i'm trying to explain why you can't say it's just because of being anti vaccine vaccine
so if i'm a materialist i'm going to attribute
mterials when it comes to understanding politics which i am
i'm going to attribute the reasons for why people are a
a protesting against vaccine mandates
not in terms of having a specific anti ax ideology but in terms of for example
a breakdown of the connection between the let's say majority of people
and the institutions specifically the state medical
um
and it's just i guess you could just say this
general establishment like it is a breakdown of trust between those two things right
and the reasons for that breakdown can be
understood if you want to
go down that route i don't want to
i don't want you to accuse me of trying to
so just to be super clear yeah you're trying to establish here is it
there is some thought here that isn't captured by one of the two political parties n know it's not so that's what i would consider idealism it's not actually just about thought it's about the material interests of people
it's not about thoughts
ok you're expressing a material interest that you don't think is represented by either of the two political parties
yes
ok
so
what is your
example of that so it's not just the anti vax thing it's one step further
yeah it's an ability to make it's an ability to give expression to the american people's and the american working class i would say
they're discontent
with the current political
establishment as well as all of the economic
formations that are part of that it but there were last election cycle there were two massive
anti establishment candidates there was one of the left bernie sanders and one of the right donald trump ho i said that this isn't represented in either the main political parties well first all i wouldn't consider bernie sanders an anti establishment candidate in twenty twenty
ok i absolutely was but ok
but i do agree that trump
did more or less still represent the anti establishment candidate
but
trump lost the election in two thousand and twenty so
as far as what the future of that
that's maga movement is concerned
um i think it's things are kind of up in the air right now and i do think a on the current course of things
there's going to be a huge red wave in two thousand and twenty two and trump will probably be reelected in twenty and twenty four
but
i don't think that can be avoided by doubling down with the democrats i don't think the democrats have any chance of being able to stop that
i don't think any of us can say what will happen in twoenty and twenty four and twoenty twenty two it's hard to say binans approvals low right now so that seems to the course a're headed on
but none of this is evidence for the
requirement of a third party or that a third well is going to re let me put it this way it i
do you think that there's going to be a red wave in twenty twenty two
i don't know
right now it looks like there could be but it depends if the supply of bottleneck gets fixed in the economy starts to pick up
cool off so i think what i'm trying to say is that whether or not
the small number of people who are going i'm actually going to be able to reach between now and then
focus their effort on trying to
build a third party
and participate in that
is not going to make a difference as far as whether there's going to be a red waves is concerned there will probably be a red wave
don
most certainly
no matter what so what do you think of red wave is coming for what reason
i think that the biden administr i think that in twenty twenty
a lot of people were on the fence about
giving you know whether trump should be removed and givn by them a chance
but i think now a lot of people
the complete rejection of the democrats and biden has just been come
completely cemented people we think that rejection is based
i think it's based on the current
the kind of economic and economic so yeah assuming inflation gets taken care of
and
you know
everybody's
able to buy the shit they want and
and the economy's do okay why would we assume that there would still be a big red wave well because the source of the economic crisis isn't just because of one problem like inflation you're looking at a global supply chain crisis you're looking at a
complete change in the global economic system and
i don't think we're looking at a complete change we're just seeing like a pretty historic shift in demand right now that's caused
i guess like a big supply bottleneck that i mean
i mean it can be
addressed like it's happening but who knows how long it'll take but
i don't buy it i think even the people
the davo s peokle i think even they envision that
you know i know you're i don't know how what your stance is on this whole great reset stuff and whether it's a real thing or not
but
there are already things that
people in power are envisioning for a fundamental transformation of
of the economic what what do you mean
well it's you kind of complained when i brought it up before but it's vaguely called the fourth industrial revolution it's the new set of policies
and the new set of
what is that's what it like what policy you mean
like what chims
specifically for example in relation to the nature of work and how people work right with so with the gig economy in the fourth industry revolution
people are going to increasingly
there's going to be an increasing like merger between
people's living spaces like smart cities and
you know where people buy things from
and the workplaces where people it's kind of like a return of factory towns so we're seeing an integration of like
you know for example in the case of amazon
mm
campuses whole food which amazon also bought
right but hasn't this been happening for like over a decade like how long is there been like an amazon google facebook campus for their w
also do you really think' is going to carry over to like non tech jobs to every type of job or
um
is far as the non well yes i do i do i mean at least the service industry one hundred percent yes as far as i think you wle to worket like mcdonald's or target are going to be living at mcdonald's or target
no um
they're not going to be living at mcdonald's or target but mcdonald's are probably going to be part of like a smart city that might have some kind of degree of private
owners we can barely like zone for fucking five story apartments ho are we going to be building smart cities
well i think one of the reason i'm bringing this up is because even they anticipate that all these changes have to occur to overcome the
the like degree to which this crisis is going to pose a threat
to the current order
so that's their ambition i don't think they're going to be successful
with a great reset or whatever but
they see this is like the only thing that's going to save
the it's not something they believe they can address just with a we're just going to curb inflation everything will go back to normal they don't even believe
there's going to be an ability to go back to normal like how things used to be
phone
ok
i can't argue against us right because it's just a complat the totally falsifiable claims i don't know what you' going to say but i so it's you're saying it's unfalsifiable but i'm just trying to make the point that even the people in power
don't believe that it is just
the current crisis can just easily be solved
in the way that you're saying it can
and you
in't know
i mean we'll see i mean i it's a matter of whether or not we can
up our supply chains to meet the kind of the unique demand that exists today
what do you think of the source of the supply chain crisis right now
from my understanding it's that there was a because of the types of work that wasn'table to happen over the krona virus pandemic and because of the stimulus that's been given out to people
there is a unique shift from a demand from services to a demand to goods
and when all of that money that was split between services and goods before starts going towards goods
you end up with these huge bottlenecks where we weren't able to ship as much stuff around the world
as what we previously were able to meet demand because demand shifted so much so even if the overall global demand is relatively the same
the allocation of that demand to more
physical goods
has made it really hard for the global supply chain to keep up
ok so what you're basically saying is
and i'm trying to simplify what i heard right
is you're saying that there has been a shift
from
services the demand for services to the demand for physical goods
so instead of people spending money for
service related
goods i guess what you mean for services yeah
yeah they're there
they're they're trying to accumulate more physical goods right
yeah that's what people have been buying yeah
so people have been buying more
but
one to more years ag gods yeah so what are the services they're foregoing
and
uh i don't know
i i would have to break it out i'm not sure
maybe it's like going out getting massages or maybe it's like
buying you know instead of buying from restaurants maybe they're buying more groceries instead of i't stuff like that i guess but i'm seen a break out of like all the services that people aret utilizing as much
yeah because i what is the source of the
your information
but this is this is like the main reason for the current supply chain crisis
is it the the
the federal reserve site where you can see the shift oh and i actually see the
you can see a shift in change from the demands
from good
and services
are you hohgh stile on discord
yes did you get that message
that i just yeah yeah yeah i got
whit did this even work
no that didn't work
oh shit is this opening things low oh my god it says a low
hold on sorry
um i imagine you could probably go to the uh
fredside itself to like pull images
but so like these this is like these are the main talking points i've heard from economists this comes from an article that rgman's written but
you can look at the real personal consumption expenditure for durable goods versus services
and then you can see that like the services like dropped off
incredibly hard and durable good spiked up insanely hard
so right the
yea
ahead
but it's kind of hard for me to believe that this is the reason for the supply chain crisis specifically
why
because
you also have to take into account when it comes to the supply chain crisis and
that this is a this is a global this is because of global supply chains and
also be have shit
in the
in work because of covert
right
people weren't able to return to their jobs as usual to produce physical goods
ok but it's not a matter of just producing the same physical goods as before we can see that the demand is like
far greater than it used to be so even if those same people had returned there would still be a supply chaine short
um
yeah i mean expenditures on durable goods i don't know if this would be enough
to cause that at a global level
why look it's almost like
forty percent higher thirty percent higher why would it not
and more maybe if there are other explanations i mean i'd be interested to hear him but
and it looks like it's about eighteen percent higher
as of july twenty twenty one
as of july twy twenty one
if it was at
one hundred before and it's at like one eighteen now yeah sure
yeah i mean um
yeah but that's just for the united states right
so i don't know if this not yeah this is just for the us t i mean it might not be a worldwide trend maybe in other countries they
but i mean like this would explain like the goods inflation in the united states
but i mean if we look at this graph now i'm tying in just stuff that i know in general so this might be incorrect but if you look at the graphic sae that was way higher in january of two thousand and twenty one one and those
that demand has dropped pretty sharply so as you said now it's only eighteen percent higher than where we might expect it to be
but if you can remember several months ago people were saying shit like lumber is going to destroy us it's at all time highs we're never going to recover
and now the price of lumber hass come down a cost mer has come down pretty significant here's the thing what i would i from what i know about the supply chain crisis the main issue has not been at the level of like the final products
but at things in the supply chain you don't
h that aren't like that are that go into the making of products but also
are related to things that aren't really so much about personal like
basically
tools you need to build things things like that
m
things that go into goods
things that are needed for construction things that are need for infrastructure those type of things
and
also it's it also kind of begs the question of
did the man go up
because of the scarcity that was already in place or was it the reverse was it the demand first and then because i don't think this really measures
o demand
what this is literally direct measure
what you mean
because
if there was a if there was a scarcity of goods
then people would just be having to pay more for those goods
they did before
well but that's what's happening right now
technically you can get anything you want
it's just going to cost you a lot more right but that wouldn't address the cause of the scarcity in the first place
thank
sure but i mean like
if you have so you pulled the source me on me so i'll pull that on you if you think there's a better alternative explanation
then you can feel free to shoot something ever but like
every economist that i've heard talk about this is talked about like this
i'm pretty
creatly
i
yeah i don't i don't know else to say
y and anything else just like a hypothetical i mean i don't know
m i'm looking for right now
but i mean like i mean you have to understand that like if the world can support shipping so many goods and services that even if that were to increase worldwide by ten percent
that's going to be like a huge strain it's not like you can just ramp up
that level of delivery instantly
right because if you could ramp it up instantly then there's a whole lot of waste if it's not being utilized right
sorry u can you repeat that
let's say that i'm delivering one hundred bottles of milk a day
get in my truck
let's say that tomorrow
i get asked to deliver two hundred bottles of milk a day
right
if i was able to accommodate that demand instantly
it probably shows that i'm being very wasteful when i'm only delivering one hundred per day
that makes sense because i had the capability to do twice as much why am i paying for all that extra cople is laying around not being utilized
so i think it's fair to say that if there are these big bombs in
aggregate demand of goods across the world ten twenty thirty forty percent at times
and it probably makes sense that
you know suppliers aren't able to meet those demands and
tenuously it's going to take a few months to get to that level
no no i know but the it's a matter of the chicken or the egg right it's a matter of
is the reason people are spending more
because they're consuming more or is it because the goods that they would typically consume have just become
pass that just
uh sorry
prices for those of the increase
oh
m
that
why would the prices just randomly increase
because of scarcity
in in the goods
what a scarcity mean
i
like the goods that they want to purchase are not
being produced in adequate quantities because of disruptions in the
chain of production
because of cover
why would that decrease so much the consumption of service
well the the decrease in the consumption of services can easily be explained by
octons
right
and the long term effect of the lockdowns
ok but then aren't you kind of answering your chicken in the egg thing if there is indeed a decrease
in the consumption of services and people of a bunch of money lying around
a isn't that aren't all those dollars going to chase the same number of goods
like i'm not saying you're wrong when you say scarcity but i mean like
scarcity always exists always for every
in the in the world
right except for
no for everything that scarcities like built into every
right now i know but the covert caused unique disruptions in the chains of production
and
like the ability to produce these goods in the first place
okay um
all right i don't i mean
that's a cool hypothesis i don't know to sayf you want to me something to read or if you have a paper you publish i could i caln go over it but yeah i don't know what yeah i was looking for one that's why i was asking you to repeat yourself aae i was ok but you i'm just playing video games so
yeah yeah i mean um
but you know the main the main issue here is that you talk also about
speaking of the decrease in the service industry
i think an even better case for like if you're trying to say people have more money to like spend on physical goods
it's also because they're getting checks to stay at home
and that's actually wasn all the unemployment insurances dropped off by now right
yeah but at during the time in which this was happening biden actually said that this was deliberately because he wanted to tighten the labor market
h
he said that he was paying out he said he was deliberately paying out unemployment insurance
tighten the labor market
yeah biden said that the reason that the reason is
deliberate and it's to give employers employees more power in being able to negotiate
wages to their employers
but unemployment insurance wears off
well i can find the exact quote from biden if you want
sure i'd be interested in reading that because that would be an unbelievably unpopular quote fhim to say as like employers everywhere trying to find employees foring be like oh yeah we're doing that on purpose
yeah a yeah what but let me see i in
a month
is this in a summer
it's surprising you didn't hear about this
ok byen says deliberate employee negotiate labor wage unemployed
ma
ok is this it
bting names to tilt the job market toward workers new york times
according to increasing in pursuit of lifsen scurse
here's biding ok
this week the white house planing to res an executor focus on competition policy
one section says several provisions aimed at increasing competition in the labor market the order will encourage the federal trade commission to ban
w limit non computer agreements with employers have increasly use in recently uss to hamper workers ability to quit for a better job
h that's getting rid of non compete agreements sure that's not
related to the unemployment inssurance but
you jusn't
blinging me random stuff
no this is what i'm looking at
y so do you know a non compute agreement is user yeah well that's one of the things that was contained in it but theres a general
well yeah but like so getting rid of non copy i' specifically referring to biden when he was responding to the like the issues in the job marketing why are jobs so scarce right now
and biden responded by saying that the reason was deliberately
non compete
ok i don't i don't know if i don't would ever say that like they're deliberately trying to sabotage the job market
that seems like i didn't say sabotage and also this thing about non competes that you're talking about is only one it was only one part of the
sorry there's a pay w go on apparently have somebody that watches your min chat
i'm ninet e percent sure that this is the exact wa in for is thinking of that he showed in his video and he was talking about this few months ago linkol him and see if he thinks so
you go
sort of boys repeating with each other for jobs of a scart on employes
pete with each other to attract work we want the companies to
et to attract work
yeah that was it
tell you something my sole measure of economic sucess is how families how working families are doing they have jobs over dignity this me to focus on wage so used to when it comes to the e we're building rising wage on a bug thiry feet that's exactly it yeah yeah i'm just getting we want to get something economists call full employment
instead of workers competing with each other for jobs are scarce when employees got to each other
to
track work
and employees
oh employers you probably miss
we want the companies to com tochart workers
kind of competition in the market doesn't just give workers more ability to e higher wagees on the power to demand to be treated with dignity respect and workplace
ull employment als means iur
workers
ok yeah so what about this
specifically i'm focusing on the sentence the rising wages aren't above their feature
well yeah i mean of course any president is going to want to have rising wages
but the reason for that is because
everyone could see the rising
wages were because
people had an incentive to be able to stay home
instead of they had more leverage being a
because because of the so called bid in checks is their popular refer
popularly referred to
people had more leverage in being able to negotiate the kinds of wages that they wanted
ork do you know where we stod on this i know people went back and forth a little bit but my understanding was of the final thing is that like unemployment insurance didn't seem like it
had a had a big disparaging impact on people seeking jobs
i'll trust you are going to fell like research on
and you can tell me if you remember
um
to be completely honest i didn't consult like a
much i don't remember i think i did but
i mean it's mainly just being able to like talk to business owners and know what's going on like on the ground is that yeah
like throughout the year
they were having a really hard time trying to find people to hire for work
people were just
not incentivize to
find jobs
yeah but for a variety of reasons republicans try to blame us on unemployment insurance but my understanding is that when you look at the states that were cutting unemployment early and everything that didn't really pan out it didn't seem like the data supported that
so is it
is it specifically the unemployment
the insurance the stimulus
because i think it's this well stimuluss are just a one time payment right that was a one time checks i don't know how much that put people off for
the big thing the big stimulus that the u s gave out that was fucking huge was the
boosting unemployment insurance that's my understanding that was like the huge
take it it
m weren't there multiple stimulus packages
i believe there were two big stimulus checks that went out was it one hundred trump and oneunre biden i think
but the the
but the big stimulusing around but i think the big stimulus
was for unemployment insurance was youy
that was like the huge
thing that that was helping so it wasn't like a bok a boosted it was like a three hundred dollars week extra for unemploymentschurancece i was huge
that's my understanding for the big
bob boostwise
the
the checks which is like a one time thing
right so there was a boost in the unemployment insurance so
that
so you don't think that incentivize people to be able to like have
more of a say in
kind of jobs
they want to take up or what at what price they would want to take up like
why is it that wages were rising
throughout this period
there's a lot of weird
oh
i have another article on this so
my understanding is that
i don't know ho up todate this information was but during the pandemic
the in the aggregate meaning if you count every american worker
americans actually took home more money and save more money than they have historically in a massive amount
the reason why was because middle class workers or white collar workers we could say
we're not only able to maintain the exact same jobs they had before
many of them were given corona virus
bonuses
and many of them didn't have to actually go to work
they were able to work from home
so they saved money on transport they weren't spending as much money eating out on food
and they were getting bonuses still from working through the chrona virus pandemic that these people were like
huge winners
when it came to the ron of ours pandemic period
and even though there were retail workers or working class people that lost out
in the aggregate the gains made by americans that had those middle class jobs massively outperformed it
so i thought that was where like the rising like take home pay and the consumer consumption and everything was
right but there was also a massive number of people quitting jobs unable to take up jobs i mean it's obviously related to the supply chain crisis
in there is a crisis that our unemployment is really low now right unemployment is below five percent like i think we're fine in terms of employment
i mean labor force participation is fallowed but i mean i think that's always going to happen is this like this month thing like as of this month or
as unemployment has been falling everybody freaks out abounemployment unemployment always been like pretty good but weren't they having trouble finding like truckers to be able to having trouble finding workers but that's like a different like
that's like people arguing that we need more immigrants basically to come ino work because we were not like
we don't have enough workers
but they were paying really well these they were like increasing the
the
it's obviously how the markets work right if there's
high demand for workers you
increase the
wages and even then it wasn't
effsient
yeah i mean they're trying to increase wages but i mean at some point you're only going to have like
most industries in the united states run on like pretty thin profit margins you don't have like you can't just like boost wages of fucton like a lot of these businesses could become noncompetitive so
i mean we might be seeing if you want to call this a great reset we might be seeing some form
reorganization in terms of like which businesses are viable post corona virus because of the labor force buthich is
i don't necessarily think it's just about which businesses are viable i think there's been a fundamental change
and how people relate to work
first place like
you know there has there was a lot of talk of u b i
in the past and it seemed like an impossible dream but
it seems like
a
that is almost inevitable at thisoint
wells we actually got a little bit of you beyonder biden because of how the child tax credit works
yeah but i think the basic point is that um
but that another example of a policy that a third party might have adopted that was co opted by
a first policy the child has alread it is is not u b i
kind of
bi is a universal basic incoe
i
and
a basic income means if you're a citizen of this country you get a basic income
as a default
yeah i mean like it's not universal but the idea that you get a payment every single month from the government
for something as simple as having a dependent
that's a that's a pretty
i don't i don't think that's i think that's unprecedented in american history like that is a huge first step
towards some form of u b i when you're getting people getting checks every single month from the government for some minimum dollar amount
it's not universal because obviously not everybody has a dependent but i mean it's a good st direction
so would you anticipate that one year from now specifically the bidens approve rating is going to go up
i t
but the thing is like here like here is two potential paths
then maybe the supply chain crisis doesn't actually alleviate because people are continuing to purchase more and more goods and they can't keep up
and then inflation continues to grow and then the entire working class gets fought
because now things like gas or things that are in the cpi are just unaffordable in that case by it is completely crushed
but let's say in the next like six months the supply chain contins to improve people can afford goods and services we' got a fuck ton of stimulus unemployment is really low the economy is still like pretty hot
then it's possible like geah the opinion showts i everybody like oh this is cool
it's j but it's hard to say i can't make those ptys like a macro macro international econ you know
big brain thing like
people are still arguing over like what the fuck is even causing the supply chain crisis
so i'm not going to pretend to know that i know the answer when it's going to be over
ok so but you fe you still fundamentally believe that if we are facing a crisis right now
then within the next two or three or i don't know how many years
it's going to be solvable by like the current two party system
by the current establishment
any crisis that we're facing now if it's not solvable by the two party system ot think a third party cod solve it i mean
right
so do you think that there's no such thing as political novelty in history like there's never such a thing as where
mm
the kind of um
striving of the era is unable to be given expression by the established parties
that something new is necessary to be able to i mean
novelty definitely happens but as systems become larger and systems becoes better at like organizing and incorporating new information and processing information and then like turning that into things i think that novelty becomes like
exponentially harder
and if we compared it to like
that like
coming up with new strats in a video game twenty years ago
was pretty easy because like the internet wasn't as popular and not as many people played the game and they were all new and buggy or whatever is one thing but nowadays
like day one any game releases day zero there's massive wikis up
you know the chance of you inventing a new strategy almost nothing i think the same works when it comes to plt's actually w on
uh true i mean
there's authors i actually recommend him
i seen nicholas toll his book the black swan and he shows he proves how
the more complex systems become
the bigger they become so to speak like the banks grew too big to fail
the harder they fall the the more intensified the points of their blind spots are
where they actually
be
it never becomes so complex that novelty becomes impossible there is always a blind spot
not saying i possible and it's po but i'm saying the larger the systems become the were converce so the are seems that they're good at incorporating new stuff
but i mean hey we'll see but i don't know any right now there is no reason to think why what you're saying will happen
other than like well it could
i think you familiar with black swan it's actually not like a fringe book it's like
you know i know the guy that the at least of the very least on twitter he's pretty crazy i'm sure his book is fine you're talk about the mathematician guy right yeah
yeah i mean you know maybe
i mean i guess we'll see
so
basically the issue is that systems
um
especially of the nature of the ones that we're talking about aren't able to become what he calls anti fragile they're not actually able to learn from these kinds of mistakes
ah
and integrate them in a local way they have to like
always make it so that
so
when there's one vulnerability right one major vulnerability the whole thing tumbles and collapses
um yeah that doesn't seem like it can happen with our current system
it seems i don't thk soances
doesn't seem
so
ok th like our current system is an unimaginably resilient it's one of the biggest
i guess benefits of
capitalism is that
it seems pretty resignent our political system seem pretty resigning as well so by our current system what are you referring to
we could talk about like the our global infrastructure in terms of like how our governments relate to one another or we coul talk about like our national infrastructures how our economy functions or how our government or monitory policy works i mean anything like our just our system in general i mean we talk about more specific parts you want to dig into it but
so you think that's you think that's like unbelievably resilient and there's no possibility that it could ever collapse i didn't say no possibility well there's no likely but there's no likely possibility
i doesn't seem to be the case yre correct
why is that why do you think so
i don't know we keep going through these things that are like unprecedented historical things in example we
a the two thousand and seven the mortgage backed security crid i thought you were going to mention that and i'm glad you know that we actually haven't really recovered from that crisis and that quantitative easoning has been the sole source
of economic growth since then meaning there's no organic roking of aedition thats capitalist economic that's whats comsleletely not true i don't know whatse to say yeah
so what so you're and you're not aware of the fact that it is actually the
government issued credits
and stimulus into the economy
that has been there source of all of the economic growth we've seen in the united states and europe since the two thousand let's just as sure but i mean let's let's think about that let's pull away from the m m t idea and let's just think like reasonable
h do you really truly believe
that over the past fifteen years
we haven't had
a surge of new businesses new products and services
a better technologies
more construction you really don't think
any of that has happened it's all more or less the same you really don't think any real growth has happened there
well first of all there has been numb economic growth in new businesses and stuff
but that begins and that's a result of the bank issued credit it's not because of
a top it's not because of a bottom up form of economic growth as in traditional capitalism
which is based on prophet
and
many of these large businesses these corporations and so on operate at a loss in terms of profitability
for a long time
you know what does it mean to operate at a loss though
it means they're either not making a profit or they're even losing money
but what they're not losing money
they're just not making a profit really because there wasn't were operating at a loss for a long time
it's
that the word loss there is doing a lot of work to say loss to layman almost sounds like the money is disappearing right are you aware of the actual growth of the real economy in the past fifteen years compared to the growth on the stock market
ok
you keep jumping around ok so just to be clear right a laws
a loss on a business sheet
could oftentimes refer to a big investment that's made in a business
so for instance amazon had losses
as opposed to profits for a long time
but it's not like they were just burning through piles of cash right these were capital investments they were making in their business
you know if you continue to function at a loss but your revenues are growing and growing and growing
andan it's not necessarily a bad thing and it's not like there's no real growth there that just doesn't make any sense
what i'm trying to say is that profitability is not the source of the growth i'm not saying that there's no growth at all i'm just saying
profitability is not the source
i don't know what profitability i don't know what profitability so in capitalism
the engine of economic growth
is ultimately based on
earning more money than you did before and using that money to invest in your capital in order to expand and that's how the cycle repeats sure but you don't need profit and it's and it's right and i
profitability is determined
or the ability to pursue profits determined by competition in the market
right
other people are doing things that you have to adapt to and
you have to squeeze out more money from the economy than the other person by lowering prices or
increasing uh
the efficiency of capital and so on and so on
so that's actually not what the source of economic growth has been since two thousand and eight
what do you mean when you say economic growth what does that term mean to youor what do you
it means the ability for the
distribution of goods and services
to be so you don't think there's been a real growth
in the overall amount of goods and services produced in the countryre there has not because of profit
i don't know what because of profit means thats it mean that is government like what ameded it means the government injected credits in the in the economy and that this credit was
distributed among america's corporations by the banks
and that it's the recycling of this money that has been the source of keeping the economy in operation
okay um
i mean like that's a
that's a cool idea i don't really do you're saying this systems incredibly resilient and
yeah do you think that the current inflation that we're experiencing as far as the dollar is concerned
it is just like a
temporary thing that
currency
as we know it is going to continue to operate as we know
i don't know i don't even know if the dollar is experiencing inflation at the moment know that's true or not
okay so there's no currency crisis right now
is there i has is there one
you tell me i mean you don't think that
there's a push toward moving toward digital currency and
blocking absolutely my sense n there is no push towards digital
okay and is there a time span that you want to like hedge your bets on that for is like a year or two or
three
or not youres a s you know what do you mean to like you want to bet on whether or not we change a digital currency in a year or two or three
i'll but yeah if there's a shift to digital currencies within the time span of three years
yeah what do you
what do you want to bet what odds do you want
why i just want to know like if that's what you believe
yeah i know that
i would take base so if there's no currency crisis are you aware of what the inflation rate is right now
in the s at six point two
senate
when's the last time it was this high
this might be historically high
yeah would you know when the last time it was
i don't know
it was ninety ninety
okay
yeah so do you know so you're saying you're speaking of the resilience of the system
are you aware of what sustains the value of the dollar
o
full faith and credit of the u s government to pay back treasury bonds
i shoul what you mean
ok but in real life what is it
probably the strength of the u s economy
no it's not it's neither of those things it's actually a military projection of the united states it's actually it's actually the nomination of petroleum and u s dollars
o
you know since the nine hundred seventy s because
we switched from the gold standard to that
right
i
if you know the history of monetary policy in the u
so are you aware of what's going on
is far away i get le ok does
you do you want to talk about anything else
we i'm just trying to walk you through and what not you're just you're doing the like
are you aware of and then you're feeding me like every single fucking conspiracy there i've ever ss my so that i's like thataning i can't engage with any it is not w so the if you want if you want if you want to make a prediction based on your conspiracy the i'll bet you wll it is that that's i going say youre argue that like oh q e is the reason why the entire economy has grown for fifteen years like es it's fundamentally is the reason
yeah i there's like if there's a bed that you want to place in a future outcome i'll bet you on digital currently i just want to know if you think the petrol dollars a conspiracy or not
i in terms of like is this the only thing keeping the united states afloat in our global economy whatever
the dollar is that's where the value of the dollar comes from
would the implication be that like we switch to green energy or some shit that like the patro dollar is going to cause the u s currency to collapse or
something like that yeah
yet no i don't think so
but i mean if you want to put money on it whatever we can but
yeah your time frames here so i just don't know ire aare is a history of u s monetary policy which was very much planned and deliberate and the post warre youre this is plan and deliberate but it's not it's well on it's not a conspiracy that planners of the post war global economy
mmhmm um
deliberately set up the world economy and specifically united states to be a recycler
are specifically these first initially wanted the surpluses of the united states production
to be invested in other countries and then they reversed their policy so that the u s would become
a vacuum of global surpluses through wall street
and that this would keep the dollar's value afloat
that this would keep the world economic order and
yeah i remember it was fll like the philosopher's legacy right
the patriots and theyo you can actually read about in the book the global minutes are by nest fo is the economist
but i the point be listn't listen holl
i super don't
if you want to make a bet or something about related to any of these things you believe in that's fine but i don'tn't feel like just listening a but you're saying you're saying things like how you believe in the resilience of the system but you don't even know what the system is
ok
then then bet me on an outcome that i wouldn't understand if you ok within five years
we are going to see a fundamental
change
of this collapse of this system and change of the system
what does that mean was a fundamental
we are going to see a complete change in the nature of the currency in the u s from
the current fiod money purely credits based in the petrol dollar to maybe some kind of digital blockchaing currenk i'll bet you like
hundred dollars
four thousand if you want or however much you want to posture
no it's not so much i do't how about this
i will give you if you're right
a thousand
but if i'm right all i want you to do is admit to everyone that you don't know anything about how economies work or
the nature of the current global economy
that's enough for me for you to just be able to admit that
yeah sure ok
five years from now if you're still streaming all come for my hundred bucks ok or whatever
yeah
so
no actually hold on i don'te hundred dollars
i want you to admit then that okay my shit was up
what's
i already know what's going to happen is if even if you are still streaming of five years
i'm going to come back and like oh well what you don't understand is there was a global shift you just don't know about it and it's like in some secret place that like the public doesn't know but like it actually how like that's aw you're going to say no it's going to be pretty like
obvious to everyone
ok yeah we'll see in five years i guess
yeah
so it's so is it on this basis that you say i don't know anything about current events
initially n know it's just like when i debate like when i debate conservatives they've got like all these on the ground issues that they want to argue about we're debating government policy we're debating current events like this what's going i'm debating like lauren southern rob nor when i talk to people like you
it's like literally like fucking jewish conspiracy theory shit now like i fels i balk into the nazis of like five years ago like its it's all like off the wall like gout this fucking buk by blah blah blah you got this like the central the petro dollars weal is like ok like there's nothing for h to even talk about it so it's o first of all it's interesting that you're comparing the uncontroversial recognition of the petro dollar significance of anti semitic conspiracy theories
but second of all
i think what you're really trying to say is that i don't actually thrive on discourse based in media soundbites
that actually don't necessarily reflect
a adequate understanding of our reality concretely it's just media soundbites
hore you how are you so confident that the things that the media provokes interest in in terms of headlines
and click bait titles and whatever like how do you know that actually reflects what's really going on on the ground
you know what i don't
so i guess we you really don't how much i want to let me ask you uests i want to ask another question how much time did you spend debating about cower in house
h quite a bit
so in terms of what's actually happening in reality like the changes under in our system in our political system
in our real economy
how important do you think the col rittenhouse trial was relative to that
i mean elections are one and lost sometimes on culture where issues the next big one might be over abortion
right but these are all things that you're only aware of because the media is telling you that they're important
you but the media is also a reflection of what the people want to see as well do you think the media be showing so itle weren't clamoring to see it well people are also interested in kim card ash you it doesn't mean it's an accurate reflection of the reality they live in
ok sure but what
ok
right well hey listen i look befored in five years being wrong we'll have our digital you know i'm i'm just going so what you said that i don't live in this world and that i don't know anything about
current reality because i'm just saying like at the end of this conversation like i have there's i'm taking nothing from this there's not anything for me to read into there's no future research you i know because i guess i just as you sad thin gremmer you basically thrive off what's like media click bit titles and virals everything that isn't part of your conspiracy world is click bit that's right howy actually care about any of that not of these issues actually matter only what when you care about is not so this is
why every love es fails to gain any real political support anywhere to you know i think it like it resembles and like the failure of like any hypothetical third party like oh guys like you don't who the fuck cares about dumbshit like minimum wage like social issues like right really important is the patro dollar and how kiwi is the whole reason why everything is like nobody eh and it's like there's no third party because c n n isn't talking about it so how could it possibly be a thing thatll i mean i want you've overthrown c
ok
well why should we talk about things that c n n isn't talking about your right to
and like you know unless you see it as the tw twitter trending uh
thing that news trending on twitter like it doesn't exist
right
right
so i actually want to clarify something though
because you said that
oh this is all i left is
i don't actually think there's no significance to the things that are popular and viral
news stories i think that has to do with the broader culture and ideological war that's going on
i'm just saying that's not exactly the same that's not identical
with an actual systemic and structural analysis of how our economy works and its history
how these structures
are held together
i just am insisting on the fact that there's a difference between what the media says
ah in terms of like
that what it gives importance to in the all these headlines
and what's actually going on in reality
i'm not saying those things have no importance and no significance
i'm just insisting on that division and its why is that' why is that an anti semitic conspiracy theory though
i never said it was an anti semitic conspiracy
well why why are you putting why are you you
putting me in
in the same category as anti semitic conspiracy theories when i talk about some it's all like unverifiable unquantifiable bullshit that reli you think the petro dollars unverifiable and onquantify i want to send me some fucking research later on some su you're talking about then feel free to knock it out but if you i actually want youk andm some'm good can you please have a conversation with a guy called conpot he actually does want to talk to you
i wanta see if you can
you can
hold your own in a conversation about the history of uus
economic policy and
petrodo and so on so sounds fascinating
would you be willing to talk to them
a probably not but you know maybe i'll see what i am
right
but
are you sure like you're it kind of seems like you're kind of scared
oh my god you fuck shit you called me uf so hard you got me it was actually just because i'm really afraid of the guy
you well now that you've called my you impugned my honor
yeah man some yes a contact details i'll definitely goet back to him ok
i wouldn't want to be seen as like scared of an internet debate
well i mean i don't know it's just like there are people who spent like spend their lives researching this and documenting this and
there are people who spent their lives researching for anology i don't know
fuck i'm supposed to make of that
okay
well i'm just saying like if you want way more details about this kind of stuff
i would recommend you
i could give you them myself but you know i don't a lot more details about i don't care if you want to give me people that are making accurate predictions about the world on and im interest
well i'm but what i'm trying to say is you said it's unverifiable and i'm giving you a guy who could give you like
citations footnotes sources like but i want citations of i want prediction
g me g mean accurate prediction based on your model that's that's how we judge
the worthiness of any moe what what if you ma corectly predicted them in the past f i'm not an economist i just read other people shit i'm not here to predict an what it would have what i mean i gf you're going to say like what have i predict o s i think most of the mainstream things that happen i feel like about like pretty decl how much of those economists predicted two thousand and eight
i don't know i have to go back and look at it all non of
so how
how much of those economists that you and doow authority to have correctly predicted
um
ok you know what you're right i totally believe in whatever the ca guy is the comb guy ok
wait butten i predicted the infrastructure bill passing we had a debate remember and you said it nll there wasn't there wasn't a controversy about whether that bill would pass there was a controversy about how much of it would pass and it was a slow down bill
from one point five to what one point three or one point two
so gotcha
yeh it wasn't the one point five trillion dollar infrastructure bill that you said it would be
but anyway they the corporate welfare infrastructure bill i don't know why you're lauding that as some kind of achievement
okay
but i it was a largest infrastructure bill in u s history but i'm not good enough for you i guess
i'm thir'm sure third party would hold on that it w again given the state of infrastructure united states
holding that infrastructure bill some kind of accomplishment
given the absolute neglect of us and like that's a given government's
um
giving their infrastructure support is not like some
breakthrough of politics
my
o
yeah
and by the way there was no debate about whether it was going to be passed
m
but
i'm sure the i'm sure this
spending is going to curb the inflation that you said they're going to get a
you could
so do you think the place remain like this for another year
hoever i think it's going to get worse
ok base
actually think it's going to get worse would you want to what do you think about that
worse before it gets better i'm not sure pretty sure it'll get better but i don't know it might get a little bit worse person when ok since we're talking about predictions when do you think it's going to get better when is it going to start getting better
i mean in some cases it has already overall i mean i would i would expect it to within a year i would think but i mean like there are things that could change that say some more stimulus goes out or something which i don't i don't think would happen
or some big spending isprout on by the stimulus bill which causes another drive of demand of certain goodss i'm not going to say and pretend like i'm going to accurately predict but
i would feel like well i'm good with this hold on you have peg
the entire
of like ability to be an authoritative thinker or to be clear you'm not an authoritative thinker i doant but you have like what economist you you've decided that all the entire value of what someone says should be judged on the basis of how accurate their predictions can be you're not even willing to commit any predictions at all
well because i haven't researched on this particular question to give you what i feel is a confident you seem i seeen but you seem confident in saying things like even though you haven't researched important details of it that
our system is so fundamentally resilient
because i think historically our system has been incredibly resilient
yes
are you
what are you basing that off of
fact that we've had two major political parties for o one hundred years the fact that we maintain like a so historic monetary policy is kept inflation and the job markets relatively stable for like eighty or hundred year like
i don't know what i mean we wt to say
wait
hold on
well
you're saying that one
even if we were to assume that
a two party system
and this is wrong that it's not's been the same form of that two party system in the past hundred years
but you actually think in terms of scale
if there is a precedent of one hundred years
that means like it's completely unlikely that it can happens huge change can happen in five like
one hundred years in the history of polities and states is absolutely nothing
i disagree i think that time is accelerated quite a bit today compared to what it was
a thousand years ago like whole like trends can rise and fall in the course of like a couple years
i think that
our our scale of time today is greatly accelerated compared to what it used to be
just because as much as the scale of time accelerates it also slows down in other ways so
yeah
i mean it may appear sue for example the flux of information as accelerated and the ability for you to consume information and consume culture and things like that has accelerated
but in terms of the scale at which like
the mode of production transform medicine where you don't like
it really hasn't accelerated all that much
but
the question i have to ask you is
you think our two party system has stayed the same for one hundred years
um i mean we've had these two political parties for undre years i mean there are shifts and b ideas have changed we've we've also had the u s constitution since the founding of the republic that
that doesn't mean
that doesn't mean that the constitution is this resilient doc
the con sation incredibly wass i think we have the oldest active constitution in the w in the world
but what the constitution represents has not been the same
in any given two decades right so i don't know what you mean we have like we if you if you have a very vague document
for example
i'm not this is an extreme example i'm not saying this is specifically the constitution but let's say writ on a piece of paper
i believe that all people should be happy
and you say well i've had this piece of paper for five hundred years will be because it's vague it doesn't actually address the specific thing our constitution is a vague
of course it's very vate
wait you don't think our constitutions vague it's very i mean the compared to why i mean what i mean
they compare to the civil codes of the napoleonic code that other countries adopted
yeah probably because it's we have a it's a government of enumerated powers right so all that shit is left to the states that's like how our government is set up right i just am really aghast that you would question the idea of the constitution is is big of course i just don't know how that's a point against the constitution or what you mean by vi i'm just saying o right it's you when you when we are talking about the resilience of institutions
you have to refer to the institution in its material reality not vague documents that encompass various different material realities histories and institutions
so for example i'll make this simple for you
the republican party in the democratic party have existed
for over one hundred years well over one hundred years but
who the democrat like what
for example the democratic party was made of the institution that is the democratic party what it represented
who had represented how the political machine worked and how it operated
how with got votes all of these things have just fundamentally changed
even as far as a few decades ago is is concerned so
the idea that like oh we've still had the democratic and republican republican party
yeah but
what those parties are at their most fundamental level have changed
so much that
there they've only kept the name
ok
that's that's
that is
an example of resilience
but i don't alsm so keeping the name is resiliency but nothing else
uh ya
i sad why
why because it dosn' required a complete collapse and reorganization of the system to make something way but i there has been a collapse and reorganization of those parties across the
past hundred years and several times right
it's just that they've kept the name
goch
all right
so i don't know what you're talking i don't actually know what you're talking i don't none of us none of us know any
works out for you and
to labor whatever that guy the meth
ok i loverybody all right
okay so i i just
i'm still not persuaded and i don't think my audience is i don't think anything i can say wells as as far as the original claim the clip i was sent of you saying that
i don't know anything about current events or i don't know anything about the world
think we've been obverle enough to say that you really don't know that much about the wor
right
i think that's true
so i go
make sure you steer clear of those anti semitic petro dollar conspiracies because
m those are going viral and it's really dangerous on the internet and
no i want you to make sure you stay on c
kep keep aut it with the new york times the atlantic
and so on and the
just make sure you filter your information correctly and
you don't get trapped in these anti semitic webs of disinformation like for example
on the existence of the u s dollars the world's reserve currency after world war two because
that's a really big anti semitic conspiracy theory
nin
you know
got
y well make sure you save a hundred bucks so then in five years i can
oh yeah i'll be waiting those five years by the
i'll see itm
ok
i love
thank you jen i appreciate you
thank you so much jenar
how many times have i be destined and to bea ud it's like nothing
how many times are you talking
that
defeated him in a debate
it's like
it's almost embarrassing you know
like how is it so easy
thank you reaper appreciate you
thank you so much report
so um
the so destiney's entire stick here destiney's entire stick
it's basically right
what he's basically saying is
if you don't only focus on what the news headlines are saying that means you're not living in this reality
din't you get office
if you're not if you're not specifically focusing on what all the dumb asses on twitter are getting whipped up
in a fervor about
that means you don't know anything about this world you di the real truth of this world
is what's not talked about by the fuck and media and by twitter and shit
like everybody knows that
you know
yeah
er
it's so fucking stupid it
so fucking dum
y anything outside cnn is
broh ah okay you know what
you know when destiny completely lost the ball
when he said
that the petrol dollars an anti semitic conspiracy theory
that's unbelievable
that's unbelievable
that was the highlight of the night dude that was the highlight of the night
ah what obserca
yallo
no
youre brom
yeah
i just wok up b i just saw the last bit of that
did he just say the democratic party hasn't changedy yeah i've sworre of
d i sort've seen him arg i've seen him argue that it has
yeah i mean bro he sid no you should watch the whole thing be cause he said a lot of crazy shit dude he said the petro dollars an anti semitic theory
onw did this happen
he said he also said the system is is unimaginably resilient and that
the current two party system is going to survive
said he said that the current political system lasted one hundred years
it so resit it's so resilient that trump supporters are making their own fucking state and they raided the capital butus
you get this get this this is my favorite part he said
this dud said
that
the reason why the job market was tight and people weren't going to work wasn't because of bydence checks
wait how did this come about though how did you guys get on a call some somebody sent me a clip
of i was talking about other shits somebody sent me a clip
saying destiny's talking shit about you and i saw the clip and destiny was like
yeah the thing about infrared is that he doesn't know anything about the real world or some shit like that
so i was like what a funck
and then i reacted to it and then he reacted to me and then he was like okay tell infrared to come in the call
and then i was like ok i'll come on the call so i went into his call
and then i was like so why are you saying that and then we went we basically went through it
and i had to explain to him that
like the world is actually changing and there's a great rese i talked about the great reset and s and he's like
oh no there's no great researt biden's going to get the inflation under control and i was like bit i was like destiny who do you think' is going to win in twenty and twenty two
you think there's going to be a red wave and he's like
now i think biden is going to get the inflation under control of the supply chain crisis wg think that is a right he's like a status quo junke but what's weird is
how can he say there's no great reset there's like prime ministers not just trudou everyone says
it's a great so i could tell him and i was like do i din't even hes he's going with the it's a conspiracy theory sh
yeah yeah i was like dude even even biden and all those people in power
believe that there has to be a great reaseon even i they see that you can't go back to normal
and he was like no we're just going to go back to normal and things are going to be as they always have and i was like what
be so naive
yeah it's crazy coat
and he's like we'll make a prediction and he's like okay ho how long do you need
he's like oh two or three years or something and so go so in two or three years i said all you have to do is admit to your audience that you don't know anything about the real world
i'm right
well no he's just going to play the card of all the severity isn't the
what you predicted so
if it's not as extreme as hous's ideas then oh
all tusus was wrong
he's just going to do that
the world the world's not on fire but so you're wrong
that's what he's going to do to you
dud i still cannot believe that this dude said the petro dollars anti semitic conspiracy theory i just i don't even get i don't even get that that what you mean i was like dude
the pet i don't know can you explain what it means byer
he said like he was like he was like will you talk about like a
conspiracy theories like the petro dollar
and he's like you and then he was like it's just like those nazis talking about anti semitic shit i'm like dude the petro dollar is not a conspiracy theory
the us made a deal with saudi aramco saudi arabia
they have to denominate their dollars in they have to denominate their oil in dollars
so how was there a conspiracy
yeay i i'll bet you think if you tied him up to a lie detector tsk he doesn't even believe that that that it's anti semitic he didn't even believe that it's just a fuck when he was to say
he was trying to say it's in the same league is that
oh my god and i'm like bra i'm tau i'm telling you shit that like
yeah the int the establishment academics are saying i'm telling you shit that they're saying
you know i'm not telling this
to me that's hilarious the petrosar one but i only caught the last bit of it and i was so shocked that i'm like
first of all the constitution is vague
that's what i said too i was like it's vegs
yeah
but the whole of
that the parties are resilient
in name yre
yeah that's what i said i was like
i was like so and i was like so just because they kept the name that means the resut people even argue that the party switched then blah blah blah
the did yah bro yeah it changed
they changed f but the at know i'm sathing i'm saying these lips
on this corner they argued thisst has argued that the party s
the ot is he talking a the vote everything's shit has changed since obama but the fart
it's fucking stupid dude
but
yeah all of this shit was about the third part shit like it all the third party arguments really dumb and i
i was like
yeah brath it
yes
plarty hasn't existed and it's like w
who cares if it hasn't existed the time is right for one nw
the point is it's in the shadows yeah yeah exactly
the third party will either come as hypernationalistic
or communist
yeah yeah
yeah i mean
b i don't
i don't even know what to fuck and say man is this do i don't even know i clearlye
i was clearly bro bro clearly you're an anti semite because you're not for a u s foreign policy barming little children in the middle east
yeah r dude i wasn't even talking about him at all that's the crazy thing i started the stcream and i was like
i was going on a rant about something entirely different
that had nothing to do with any of them
no
watcho with lus brother onther pro fucking sting in telvan
you're pro what
they're proab staying in tealivan due
there are very strange people in that corner of the web man
they're like bo why the fuck did we leave taliban why the fuk di we leave afghanistan
for get aways
yeah that's sjust
raw that's falking crazy
it's like it's like it makes me feel like i'm the crazy one because like this dude's got what two point five k viewers
and i sound like i'm crazy right now just saying basic shit and i'm just asking questions like oh so i
do you believe that the current monetary system is going to be in place in the
like the u s dollars going to survive even though the
the price of oil is changing als and he's like
oh yeah i'm just like shocked i'm like
it was miss to two thousand people
for me what shocks me more is not only its an economic collapse but it's
look how much debt students are in you think something's not going to happen with this country
no appently i just do i just ask him questions he just and you know you know what's funny
how is the great research a conspiracy theory when it
the words great recent came
from politicians it didn't come from the web
i don't know i have no fucking idea like they keep saying the word great rees that you know conspiracy means like we assume
but this one came straight from like the top
so
or does he think that
then the fourth industrial revolution is it gets is
broud
bro they'll be look at clauses bro they'll be car sharing
right your car sharing is
yeah yeah it means little steve will be in a minivan with other little guy i like to tell him about like smart cities and how work is going to change and how everything's going to change
and he's like no no everything's going to be the same
i want his copium to be real
yeah
no i'm just shocked i'm like how can anyone believe this
yeah here's what i here's what i'm get is like
sometimes a leap can just say
you can drop facts on them you'll be like noo look at this book it's called the i have this book i worded recently
the fourth
industrial revolution
you can send him that book and he'll say now b that's a conspiracy
do i i did recommend him a few books and he said they're all conspiracies and
they're not h they're not i tried to show i tried to explain to them how the u s economy works
and how it's like all after world war two it's about the being the reserve currency and the
oh noo the only book n one thing i told the book
the only book stephen reads is the official nine eleven commission report
good one of the things i told him was
i told m about how
since two thousand and eight
all economic growth has been based on bank issued government printed dollar credit
and not capitalist profit
that you act
yeah and he thought that was like a crazy thing to say i was like
yeah it's not based on capitalist composition or profit since two thousand and eight
it's based on quantitative reasoning and government issues any moderate economic
yeah ec economist uh believes in that too h why is that a conspiracy
well i don't know that's he's just not knowledgeable he's not knowledgeable about
the real world he's only knowledgeable about the headlines
no i don't believe that i believe he is knowledgeable he refuses so
i don't know i don't know i don't know what it's like
no dod he do da
libels are dumb stepn's not dumb he plays dumb
he know he know
you think he fuking actually thinks the great reasons a fucking conspiracy
get the fuck out your b
dude i don't know what i don't know what
i don't know bro no bro he trust me when i say
when he goes to bed
he assumes that uh
a lot of changes coming with enormous speed like klaus
klaus said
yeah def i mean he's gota dude there's no
there's i refuse to believe somebody could be this fuck and stupid
be real yeah he's not the he's not
he can't be this non knowledgeable dude you know
you got to have some knowledge of how
his community is dumb as fox i'm not going to lie
they're very stupid they think
they thought that epstein's mainstream articles were
conspiracies i'm like you on i wonder it is it a conspiracy that
the cal rihause trial was filmed by every media
twenty four hour coverage
but the gislane maxwell trial has given no coverage at all anywhere
and they're not filming it or anything
clearly that's clearly you're just a conspiracy that was the
do it because no i am going to hold on what rack
the fact that you know who just lane is proves proves that the media is not hiding her from you
butll it's i can't i can't believe it it's like
within the cow writen house twenty four hour seven day a week coverage for that forever
the gislane trial nothing
you know you know what's funny is that
there was week there was a month before the epsen stuff where i said politicians traffick children
and everyone on twitter called me a conspiracy retard
and i'm like dude these articles are in australia they're in berlin they're in every fucking newspaper and they're like youh you're just a conspiracy theorist
and then when it leak the road then it's all like what the far then all a sudden the leftist became conspiracy theaters
i swear to god sit in a room filled with libs
and say t right now say politicians traffick children
there'll be one that lasts hysterically
and then when you mention the epstein stuff you'll but oh yeah but that's one guy
they're so fucking weird ro
they're so fucky won
and yobrog if you read the list of epstein island democrats borgh
they'll always point to the one republican it's fucking weird
oh my god yeah braw yeah fucking
that no one's gonna talk about bill clinton being on the fucking plane
it was in nineteen times but that's a conspiracy bra
yeah apparently that's just a gear
it's all go he just
he just liked the island
no
dude
yeah i i don't know dude i'm just waiting i'm just waiting to be vindicated because
any any f i said two years from now probably one year from now dude
i can't believe i can talk to someone and ask
is are the republicans going to clean house in twenty and twenty two
and they say ah
probably not
baby
like you live in canada
but you know enough about what's going on in the us to know
the republicans are winning twenty twenty two right
well i i'm be honest okay
they'll be a resistance but winning republicans beating social media tech giants like this
hell no i can't see them wining
but will there be a resistance from the shadows of everyone whose
band of social media yeah one hundred percent
right
listen
the there was a election in virginia
recently and not elsewhere
the republicans cleaned house with the fucking democrats
i know broke broke mut the mut the stream i got someone to tell you ok on i'm a mutan
yeah bright it's like a lot of people think that
you know this is this is how they think right
they think oh i want twitter
and i go on the
twitch and i go on you tube but i don't see these people anymore so they don't exist no more and i'm like
know there's a whole shadow internet that you don't know about
yeah
like yeah you know it's hilarious because it's not even a shadow internet there's shadow opinions of people on the internet that don't give the real opinion
yeah
yeah so real
and you know what's funny is like
ah you can even see waves
waves of uh the divide in the u s by let's go brand in and all that shit right
no it of apple it was on top of apple music
oh let's go brandon is just a conspiracy theory bro
oh yeah yeah that's antimic com on
yeah
know and another thing b oh y know testy once argued a year ago or two years ago that so uh social media isn't controlled by dems
he he said he said most social media favors the right wing or something
oh
ya ya right this's
no but you can sum up destiny's fucking greatest argument of all time
i forgot who he was talking to but
and the guy said most men are stronger than women and steven said what about ronda rousy is like you think you could take ronda rousy at the funniest part of that argument
is uh yes i can
i can't think it
there was that thing where the funky woman's soccer team was beaten by ten year olds
yeah yeah no was onteen year olds i think
yeah something like that like what the fug
no one thing those crazy eye opening to me was someone in chad said a fourteen year old boy
can out wrestle
a grown woman
yeah
and i'm like yeah he can easily do it i never thought of that
it's true obviously it's true
no but uh you got to debate this anymore often i just tuned in last second i'm like oh this is gold man
right it's so boring though it's like we just al it's always the same thing he just gives up
heyeh you know what's weird is that's not his style it's only with you
yeah
he just gave up so i had to keep like pushing it along because he kept wanting to give up early
so weird
but it always happens unexpected i never look to debate him he just always happens you know
oh i'm goninga be debating him in person
wy
h january there's like an event that i got invited to
and yeat in texas in january
it's like in houston or some shit
no shaw you bro you're going to have your fock rod that sounds kind of dangerous i'm not going to lie why
because don't like
i i don't know it just in person like i obviously stevens the normal guy but his chat
you know the you know you need to talk
yes they would tax you
well they would donise me but how would they
i'm just saying in person i wouldn't you know like i wouldn't uh trust anyone there
oh no i'm not i'm just going to go to the event you think i'd get like followed back to my hotel or some shit
no no not record it i'm saying you might get recorded
oh yeah yeah oh no nothing will happen
yeah no you know it's crazy is um
i have a conspiracy theory
yeah
you know how destney always debts everyone
yeah yeah
he turned down every single debate with you on my royales which was weird
and so did irrelevant when i invited him royale with you right
i just think they see me as a as a as like a
i'm outside of their like bubbles or whatever i'm not like debating what the media is always saying i'm bringing new stuff and they don't like the new stuff
you i'm saying
like i talk about shit that you don't see on twitter on the media
no no you have some offline conversations live that's why they don't like you yeah yeah
yeah
nothing to is this unrelated but do you got to send me that address in l a
yeah yeah i didn'took i didn't book the flight i didn't book the flight yet
oh you didn't
i i didn't do it yet i'm about to do it uh today
i thought she ask alady did yeah i'll book it as soon as you do
yeah yeah
but and i'm thinking of staying like maybe fucking
fourteen days
are we going to go to austin
i don't know man i really don't know 'cause ih
this trip is costing so much money already like a shit ton of money
what for the air bn b
yeah i'll tell you this stuff offline but uh
basically you know
but i to let you know i don't know if to save money or whatever but
i can get a place for free
yeah but that means we're with some falcon stranger ight know
what just us yeah
well how much of us are there i don't know how many people can fit
walle w's in an apartment
no it's a hotel
how do you get it for free
i'll tell you offline but
it's yeah
a this some sketch shit n not sketch it's not sketch
ok do i got to suck someone off
no it's family i i'm really itsn i have relatives
oh ok basically i have relatives that have a timeshare
they're going to give me because they're not going anywhere for christmas
are you folking serious so i don't have to spend the time
i have to see how big it is because how many people are going to be in it
broke i'll kick hirun out he'll be us to
oh us two is easy yeah us two is easy
but here's a i don't know i can have it for fourteen days
no no probably just seven and then we have to go somewhere else
oh that's even better bro that's ok than broth than foods on me with the folk
yeah yeah yeah yeah that's what i was trying to tell you yeah it's like a it's free seven days
but how the hell do i seriously doubt you can do that
it's my relatives timeeshare dude trust me
have you done it before
yeah
years ago
oh my fulking god know that's actually insane
oh what part of the city
i have i don't know that's what i wanted to ask you because i think we have options
because it's a hoteh my god brokk i're got to call you wen i'm off it yeah h what
you know there's a royal today you coming
yeah of course of course
dude dude hold on you folk in serious we actually have options
yeah
all that is foking insane
and you're the best part of what i go to you and i'm going to tell you one of the options we have
but you don't have to mute you don't have to mute and i'll tell you it i don't want to
bril
so how many people though because it's going to be us tore that's that's the thing
the other people are just visitors they're not gonn to live with us
we they're not going to stay with us
no not because they already live in the city
they look o but isn't yeah
ha on didn't i'm wing to move sec
is
he lives around all these people live
yeah broh broh then yeah you should have told me that cause yeah if it's just going to be us two i easily that's easy just two people
easy that's
and you know if it's like some moto six i'm down it's not it's a really nice one too t pro moto six broy no guy you can get a fk you can give me a ground listen when you see oh gro you can you can give me a ground for twenty bucks liker
are we alive
yeah
i'm kidding
when you see it you're going to be like holy fuck how did you get this because it's going to be that nice trust me
that's really the last person on earth that i thought would have a foking hotel hoka
yeah but i got relatives
do that search your falk in blessing bo
y
yeah brian that
are you taking a plane
yeah well obviously the fock i live in michigan
no no no if if you want to rent a car we can f can rent a car you'll if you'll we can actually rent a frey that with the
b wis
i yeah wait we should rent a car probably
yeah yeah'll geep you money we rent it under your name
oka yeah yeah yeah wait so should we fly in the same day then
not we should have a full seven days together
and there
and yo i don't know if you know anything about me but like i like to do in and out bro i don't have in and out so i do it every day
ll like ubriates or whatever
yeah broad like i we don't have it in canada so i'm going to fucking go hard i'm going to get a i'm going to get like a week
two week membership at a gym to
i'm solw down the train
yeah it's goinga be fun
onm so down a fuckn train like goh
what's our schedul going to be like when what time a' we going to wake up early
that can change but
it's three hours so it's three hours earlier than me
so
can we get two bathrooms or is that possible i'll see i'll see i hopefully hope
but yeah in the bathrooms i'm broken because when i was in folking austin
yes i got two two bathrooms and snoger and i would always take a shit at the same time and we'd scream at each other from different bathrooms as we're shitting
and sometimes we don't even face time each other shit
and uh yeah we need two bathrooms for
yeah yeah i'll see what i can do
i can't guarantee that though but i'll see what a the bathroom is going to be really nice too th
really let's sitch hour and everything
you know that's sick i didn't get like two rooms
yeah obviously well you know what e if i was to take a fucking couch i'd be happy to me no no it's no n noh it's probably going to be two rooms but uh
it's not gona be couched it it'll be two bads
two beds
yeah and this pus hes fantas
this place is fancy right
yeah so we shouldn't be that loud and shit
i don't know but i don't
why are you laughing like i'm saying we're banging each other ro
no i'm saying i don't i don't know i don't know what limits we can push when it comes to be aloud like
bro i'm telling you bro
this is gonna be a hilarious bazart
first all you need our own rooms though because if you tried you try tinder in l a
ro i just put streamer on my t right to your partnered to it the funniest bucking ever brouhe there it's like
they're f they they will see us as a like i look like a christ like figure when i'm out there
yeah yeah that's hilarious
i copy the destiny thing where he just like uses this cloud th it's going to be christmas to and it's going to broug this gon be so f i swear to go i know i know
dude dude it's going to be ah
will do a i'll cook your turkey
how about that
now but how you going to cook a fucking turkey in a hotel room
the fog
it's possible we have another
no
bk that bro it's going to sme's going to smell that shit up
bro fuk in l a
it's going to be great you think it's more busy or less busy on during christmas
oh you know what
we have to go see the new matrix
let me look up whe it is
go hellog
what
december twenty second damn this one is coming out
we're going to get some only fanes girls to cook the turkey and shit
ro matrix comes out the twenty second
'm down y'll us do at the bulles and watch it brow
is it legal in california
yeah and if it isn't give's a fuck because i'm doing all sorts of shit there i mean like can you just buy it from the dispenser yeah
you can ya
all base base are
some people even give it out for free on the streets it's go crazy
i don't trust that but
brother listen
i'm aw of you
good
that's a crazy girl i want to somewre
i mean ya yeah
what would happen if you said that on muted
i don't know i don't know that's the thing i don't know
oh you're just being paranoid ok being safe yeah yeah
but
yeah b's going to be crazy and fuk and do the only the only thing i got to watch out for in l a
is i can't get fat
bee
and you won't you you
you you won't get facts we'll have so much to do it's not like
it's not really like we're not staying in one spot we're moving around a lot and
plus
you won't get fat because it'll be so many chicks so like you know you'll lose appetite and get hard
yeah
does that make sense
like i noticed food only tastes good when you're like kind of locked up and have no chicks right
get a room
o we're going to do a lot of wlorw together
not chill
you know cha if he loses a lot of weight for this guy's on cok
i'm kidding i'm kidding yes
the fug h
and jo we're actually going to
well i'm not even gona i'll never fuck and stream you i'll only capture a good angle i'll put the phone down i'll do you like this angle do you think you look good here and you'll be like yeah
and are hit live
and wouldill surprise you with a ton of chicks on streambrook
gro and i'm bringing my laptop so we're going to be able to do indoor streams to
yeah i was going to should i get should i buy a laptop th all this or
shoulred we just use yours
mine is really really good but you should probably get a laptop anyway
you know it's use yeah
should probably go in anyway and then if you want you can just return it
if you know it from best buy you can just return it at a best buy in l a
yeah you know how i know i need a laptop bec cause i'm like
i just love
download the fok caps
i
uh did the fucking royal start well i don't think it's going to start for a while because
the introls are usually super long
incho soup user uh what laptop i got
i have ah
what is it
a it's uh a sus i got the a sus it's a sick a sus laptop
that she see
gonna be crazy
or he ca
llo
here are just ros isn't destiny in l
ah
walk i don't know
yeah i think so yeah
fox did you know the only way out
i'm going to the the only the only fun thing we could do
tell him don't go live so his community is not there and us three chill offline together and just eat you know we get to talk to you know offline he's so funny ro
roll off lighte he's outll the
offline he no lib brow he is normal
t do dove
joana is there too
uh no she's in san diego
oh really
yeah
i thought she does the iras
no
abrougt fox san diego that play sucks
z is the zoo in l a because we should go to a zooo
h
i thought the zoo was in san diego
oh i'm fucking down to irel stream the zoo yeah
yeah we we're getting kicked out man
mm
thats the thing both that's the thing is like
we also have to be a little mature because you and i are not that we're not the elk boys they will tase us to death
you know right you're actually they're going to see us as terrorists so we need to calm down wen we're out there
yeah bro i got to be careful too because i know you act crazy and shit and
n l a p l a p d r straight up for they'll shoot us for no reason b
yeah we got to be careful
yeah
see it man
i'm going to make sure before i go i get a haircut i'm going to get my beard good and everything and then i'm going to worry about shit
yeah now you're going to see ro we're going to be smashing chicks and flip flops you don't need to look at
mm
yeah bok in the
who else is in l a that we know
i
i never remember but people just
b i'll be walking on the street and people just come up to you like it they come out the woodworksprow so i i never remember
all i know is
we must see manual first right
and many is the greatest du
add his e
he's just like a home
hod me you know i mean
yeah yeah yeah
real yeah
balk in
what else should people do in l a i was thinking you and i me we wen go to like we can go to like you do that do you and i go to the church of scientology
we'll do that we'll definitely stream that but we can also go to like disneyworld or some shit
the universal
wa broke this is my first trip
where i'm not with just a broski like offline i actually get to talk about politics and shit i'm interested in
and yo
we i actually get the breakdown society with you live like i can drive we could go to wal mart and i could be like look at this fucking shit
that's likets hilarious f
do they wouldven have to go let's you care let's dress up as characters men
yeah yeah i think of going full trump supporter
now dude you have to be careful in l a you'll get a taxed
no but i did it last time they did nothing
really
yeah bro i'm actually a lot bigger than i look i'm i actually did they have to be duane johnson size to fuck in land a good hit on me and shit that i'd feel you know like we can dress up as anything we i'm going to me one sing
not
ma get you joes
come mere come here
yeah
well that is i don't know why you meed it i think that's a lot to say
e okay
now did you know you know the weird thing is uh
you haven't been in l in a while
oh it's been like ten years
y
yeah there's no reception at venice beach it's i know it's hard to believe but uh really
you can only record you can't go live on venice beach it's the worst connection ever
is is bevennet's beach where they got the outdoor gym
oh yes
is that is that like accessible to everyone
basically venice beach is filled with the ugliest people you'll ever see in your life why would we go there
that's the weird thing is like you think l a is all beautiful people in shit but not that's the hills and those people are like augmented and fake
why don't we go to why don't we go to like a better beach there's like a laguna beach and all that shit no i'm saying ud what watch around l a you're going to say to yourself wile just americans are ugly in general
really
you're going to be shopbrow women a
me and canute were shot
hold on more than aston
oh identical
no because let me tell you what austin had a bunch of every
every one was thick and awesome every girl i saw buk a fat ass
austin ah like you liked it
yeah
were you in the clubs or where
everywhere
everywhere you go
i'd be like damn this same michigan
but
listen
no in bright is asking is the royal happening people are in the discord
yeah yeah it's happy
so
alright yeah
oh i'm a go liver now piace
all right well wait should i should i raise you right now or should i wait
we'll finish what you were talking about and then read
okay ya ya alright
all right silan
and you your your your your
yeah how does chack
gifs ubs if you think you meat destiny
mmhmm
i see it
yeah
you brom
it's crazy i had so much shit lined up talk about today
but
i'm
austin's full of beautiful youll moan thank you so much for the five man preciate you s so much man thank you mon
appreciate you manm
o that
n the rayo litter givets us with knowledge before
i m i just do holy fok anonymous with the tenty anonymous with oney holy shit
jesus reaper
thank you so much man
appreciate you
talk about that stuff i was talking about the future coming civil war the c p s a and all that kind of stuff
not a whole speech planned
so i got to get back on my groove
i'm probably going to go p first i'm a go take aup piss and i'll be back give me a second
give me one second we'll take up
yes
say good
you'll never see me again
what you never heard me break your heart
you didn't wake up when we di you'll never see me
yeah what i was saying the basic reason for why i talk about a third party is because as we saw with the recent
court case with be about abortion right and that was on the headlines the judge said are we setting a precedent that the institution of the judiciary and the constitution is just a matter of political acts right so the neutral foundations of intant democracy in the republic is becoming politicizeds
used for political these political partisan divisions have overtaken the institutions of the u s state as the primary sphere of authority legitimacy in power twitter has replaced the constitution as the site of legitimacy and authority in this country pn't
don't believe in this country anymore right they don't believe in its institutions or whatever right
i'll give my speech tomorrow since detiny brought us to this point we're going to watch michael hed hudson talk about the u s economy
we're going to wen he's going to explain to us the current economy
that the petrodre the conspiracy theory
from five years ago
yah i'm not goninga go through that dumb ass article
hi i'm paul j welcome to the analysis dot news
please don't forget there's a donate button on the top of our web page
and so if you're watching on youtube you can
maybe come on over to the analysis dot news
it donate
i think there's a link on you tube there to
and if you're on you tube you can hit the subscribe button that would be good most importantly
you could share this with a few people one of the most common comments we get is why aren't more people watching this
and i would help if if there were more shares although a lot of people has suggested you tube is
a shadow did a few months ago with mark bligh
he said biden
was caught between
black rock in a hard place
i thought that encapsulates pretty well where the biden administration is with its economic policy
it's beholden to intertwined with black rock and the financial sect
but must deliver some of the promises it made to workers to get elected
there's also a very real problem of digging out of the destruction of the covid pandemic
which is far from over
biden set some goals
that could even be described loosely as progressive
but is he serious about delivering
and could he
even if he is
now joining us is michael hadson mikael
s an economist professor of economics at the university of missouri
it's a city
he's also former
wall street analysts
s
commentator and journalists thanks very much for joining me michael
goet to be back aall
sos a lot s
fights going on here on many sides of this biden
now
economic plan the supposed to be three
one moment
th point five trillion another one for one point five trillion republicans do predictably
what they would always do in the situation is try to stop a democratic
party administration from accomplishing anything
joe mansion from west virginia might as well be in the republican party
except i suppose it does give the democrats
that the chairs of important committees assuming
that does help in some ways
and uh they've got this kind of dual problem as i described you know they have
you know even one of the men
senior black rock guys is now
on by this financial team
clearly the financial sector has enormous say
although it's an interesting mood of the financial sector the're not all that against some stimulus spending now at least sections of it
anyway it's a complicated picture all of which right now is leading to
the legislation being stalled so
what's the big picture for you and then get into the mice
well in a way the big picture is in the tiny details
and the tiny details is in the
yup
pay to play politics that in order to
run for office and get elected
a you have to raise money
and if you have to raise money what you do you go to the campaign donors
and what do you do well that the rule of thumb is every dollar that a campaign donor pays
and they get a thousand times back and the problem with the the
obviously with bidens program right now
is look at the people who've been able to raise the most money
well in west virginia since you mentioned thisr mansion i mean here's a state with a population of equal to brooklyn
ah basically
and mansion's family owns the coal mines
a and he said well there's such a delicate
balance
between the two parties
that you really need my vote and you're going to have to make make me representing the coal industry right the climate change law
so america's climate change law
put forth by biden will be written by the coal industry
along with the oil industry which of course is the other
a set of mature donor
a and alongside of that the other major contributor
to the campaigns of
republicans and democrats alike
but especially the cinemas
campaign in the
o arizona
and that clyburn's campaign in that
south carolina
is the pharmaceutical industry
so in order to get the democratic national committee
to designate you as a candidate
you have to outpoll all of your rivals and who can get the most money
from the special corporate interests that you are committed to represent
so i
what you have of the situation
a in congress and politics
this very different from what you would have in law
if if this were a court case
to decide what policy to have
a judge uh if a a a judge own the
stock in the
huge coal company
he would have to recuse himself
from writing that
but in not
politic and democratic politics
h the reason that mansion wouldn't recuse himself and the
recipients of pharmaceutical money well
refuse themselves as
that's why they get the money
well the thing it the thing is if senators
had to recuse themselves because of conflict of interest
you might have only three or four senators left to vote on any
that the problem right there
so the question is do do we live in a democracy or do we live in an oligarchy
ah we live in an oligarchy where it's sort of a
pad the
play and the people of the largest campaign contributors
yet to designate
who are going to write the laws
in their own interests so that's what's paralyzing
biden's plan
so biden the problem is if you have politicians elected
by who can raise the most money from the special interest
howners can they get voters to vote for them
well the job of a politician is to deliver
a given segment of voters to
the campaign contributors
h so that they can win over other politicians who
don't get us money from these campaign contributors because
they wouldn't give them all of the special interest favors that politicians are able to get them
so
corruption this used to be considered corruption
but now it's built into the system
is
part of the basic system
and uh that's not how uh
democracies are supposed to work
ok so so hang on a second so
biden
let's assume biden is serious about wanting the
pass this three point five illion plan
he seems to
and he's got obviously sections of the financial sector that think they'll make a lot of money out of it and they're they're in support
let's assume they actually do understand there is a climate crisis and again if you read
the statements of larry think from black rock and some of the other people in the financial sector
many of them do get there is an urgency now whether they're willing to really do anything about
is quite another question but at any rate
i think they do want to pass this
gordon peterson is balding
true this does look like jort ball jordan peters
so in the reality of the situation
what can biden do about joe mansion
and
west virginia
to try to force him
to go along with this why
is is there anything biden can do
well first of all you use the word urgent this is a little outdated i don't know if you want to watch this one because it's a little outdated
so this is talking about the infrastructure bill and its obstacles
i want i think we should watch this one s there's two of them i think
we should watch the debt one
the collapse of the dollar toward an end of the uus
monetary empire
this one's good michae watson on super imperialism how america rules the world
yeah this one's important
oh well
with no further ado i'd like to welcome all of you to join me and welcome michael hason
well i feel very audio sucks
so can you talk about
the differences in the additions and how they reflect the changes
builder
i'm going to get us a good one
ok i'm going to get us a good
nothing but the bess
oy i'm going to get us a good one
this one
yea
no
and we're back on the zero hour ees always am your host
richard r j
escow
i've looked forward to speaking with my guest my next guest for a very long time i've been reading his work
and i
following his thinking to the best of my ability for quite a long time he his work on
dad
i had a was a major fact
during shaping
the debt work of my late friend david graber who's been on the who had been on the show a few times and by
extension was a major factor in shaping the occupy movement he is a
that
per
proles other comunty
ree consists of
well the basic point is that america controls other countries
financially more than militarily
and u
i wrote the book right after the united states went off hold
in the nine hundred seventy one i've written chapters and published them before
but the big part of the book is on the balt of the payments the entire balance of payments of the united states in the fifties
nine hundred sixties
part of the seven days is military and character
and as a result of the military spending culminating in the vietnam war the united states was losing
what it had
had given it all of the world power
since the world war one
it had
over seventy five percent of the world's gold
and it was losing this power
and
when to the united states was finally forced off gold
uh by the uh military spending
the the american government and the state department not it thought
this means the're the end of the american empire
and what i wrote was well actually this strengthens america's ald over the rest of the world
because in the nineteenth late in sixties and seventyes
every uh
friday we look at the when i work with the chasement at bk
is there a balance of payments economists
we'd look at the federal reserve gold holdings and how much gold would cover the dollar bills that you have in your pocket
well general the all was ashing in
are the money that we would s yeah
and fine oth
the goal was like give me my gold bitch i don't trust this
e i have to pay attention to france france is not just a u s puppet france is a thing
youys got to understand france is a thing
a clash with the us
you know
vietnamese currency
the vietnamese bank ha send a the paris
paris return in the dollars
for golden america thought without
without having go
how are we going to finance our military spending
and without monetary spending how can we support
and for some other countries to
support our policies
but what i said was once and i going y yeah i'm actually just waiting
to they started
because
that's what i want to read in when they actually start
one central banks
are no longer able to use their dollars to by gol
because america has gone off the gold standard wont saw it
all they have
to by our u s preasury bill
and so all of a sudden when france
for germany
or even russia or china
go game
dollars
all i cauln to do was to keep thehim safe
was to recycle theto the united states
to by u s perjury bomb
youre treasury security
and when they bought these securities
they were not only financing the balance of payments deficit
they were financing america's domestic budget deficit
so leaving the rest of the world without an alternative to the beller
ah
now that they close go
meant that other countries were tied in keeping their savings
by making loans
to the united states that use this money to finance the military spending that circled them all
ah
they were financing their own subsidient
and that
the
immediately the largest a buyer of the books were the ca and the defense department
ah i was hired by herman a sidents
nothing
to go down to the wightls and to explain to them
how this was working they didn't really intend
in two
create an exploative system
but they said this is
we're getting a free lunch
from the rest of the world
well
the reason were do i decided to republish the
a new edition of superperialism was to explain
this is why
russia and china and iran and venezuela
and other countries
are going off
the dollars theanded
because theyre by avoiding dollars
they're no longer financing
the the american military spending or the financial takeover of their econom moi
that that was upressing world power
and since world war two and in fact and since world war one
and michael hudson i've wrestled with this question in my own mind a lot because you hear people use the rhetoric that
the american empire the you know that we are an imperial force in the world and it seems what it feels like what it seems like is that
it's an invert it is real but it is an inversion
of what people normally think of as a traditional empire right because the traditional empire you think someone goes portuguese british somebody goes in france with force
into africa or other parts of the world
impose themselves by force
and extract
the wealth
it almost seems now like we've inverted it that we we had up until recently by being in effect the safest place for people to put their money once gold went away that we were extracting the wealth and using that using it to build up military power instead of the other way around do you get what i'm driving at
yes we actually america only uses old colonial force and maybe forty or fifty countries
honduras latin america africa it's probably only overthrow overthrown for the government
ok i sar right fir plot that doesn't count of course the c a assassination programs and the court and the the
a youre praying
giving cook fve five billion dollars worth of cookies
uh to uh reinstall ne a nazi
hiin
your friend but the biggest thing i
who' is america really going to explore
colonialism exploited less developed countries
england and europe exploited africa latin america
the genius of the american imperialism is
it exploits the most
developed countries
the industrial counpries
it exploits
mainly europe
and it would it exploited russiat under yelsen
when it essentially sent the neoliberals in there
and it would like to exploit china
and due to china what it did to russia at the
the neoliberal
ah
exploitation but the way you exploit developriy
you're not going to have you're right you're not going to have a military invasion
but here
h all you have to do is
ight
h uh
assassinate the leaders of they it in greece
to kill the communists a they did in italy
and finance pro americans and the labor parties and social democratic party is and making essentially arms and
of the state department
ah
that's not a very nice way of putting it but it can control the european politics
so that
can really explain them financially
what it wants is their money
it doesn't want other raw materials f europe
i didn't even want their industry out fmrly
it wants the money that they can make
by working in other countries and it wants to prevent europe from having its own currency
to make an alternative to the dollar and it's true that the europeans do have the euro
but they can only create
a few extra yearlds
because they've written the contitution that you can't run a budget deficit of more than three percent
of your g d p
well of course that imposes austerity
so the united states essentially says to europe
and other industrial countries
you have to impose austerity on your own economy
you have to prevent uh
a your labor force from increasing its
the revenue so that
the financial sector the real estate sector
and the monopolies can get the money and let americans
buy a share of this and remit the interest and dividends and
economic reriends up to the united states so the motive
like patience
is that it's a rounker economy
its financial it's monopolies its not it's not military
there's there there was the use of military force
after world war two but europe is now
so complacent that it's willing
not to not to grow and to
essentially to impose a kind of class war against labor there
just as we've composed here and you saw that
when the ear europe fought against greece
recently five years ago when it the bankruptcy greece
ah with a
and with
thatt leverage by the international monetary fund
and the world bank so my book super imperialism describes
of the international monetary fund and the world bank essentially impose austerity programs on other countries
so that nothing is left except
for them to eat after
uh they do their exports so they create the
uh they create h foreign earnings nothing that they can do
except some there
export earnings in some industry the united states
and and and and michael hudson i'm i'm really glad you mentioned greece
because it seems to me the way this empire works it's invisible
in most cases to most people but
h str i can think of
three examples offhand of you know when its interests are threatened it's willing to become quite visible
and i wanted to ask you about that
greece is one example where if i recall correctly at one point the european union actually stepped in
with the troika
of uh basically financially based interests and uh insisted that the greek uh legislature
uh get prior approval before passing any loss which if i recall that correctly
is an overt
act of you know but you're basically vetoing democracy
a for a country based on your own power leverage
we did the same thing to detroit michigan here in the united states were appointing emergency managers to control their debt and everything am i off base with this line of thinking here yes
it's not the troika that did it the european governments that agreed that greece owed fifty billion euro
the christine lagard of the i mf
had a list of all of the ax avoidance
that greek billionaires that put in switzerland
so they could have brabed all of this europe
had reached an agreement with breece that it was going to say ok we're going to write down your debt and we're going to we don't want to bankrup you we're going to let you go by
but uh then uh this h american then you you had uh president obama
and the secretary laid down the line to your
and first of all you had im gitner
a the badman for wall street secretary of perjury i'll go there and say
what you cannot write down the debths that greece so because the american wall street companies
have written derivati the guarantee
so that if there is a debt right there the wall street banks will have a
who made a bet
that reasonal pay will have to pay for anybody who loses money
and then president obama went to europe and said look
we're going to i
quite frankly remove you from office if you don't insistt that resps all the money
it's worth wrecking the recentconomy just so my clients my largest campaign contributors around wall street
and i have to serve my campaign commters and you're not going to write down the debt one y because the
ah
our wall street would loose so it was wall street the cold europe
what to do
don't imagine that
vicious is the european bankers are
so pingent greedy is the german and french bankers are they still will
we're willing to do something to alleviate
the the bankruptcy of of graece
and the basic impoverishment of it
h under h
under the us direction and in my book
telling the host i give all of the documentation
on these trips so the insistence on austerity abroad that other countries
must impose austerity to prevent essentially labor from getting
the fruits of its products
activity
uh and that uh the financial sector
why was this cheal condescending towards me because
he doesn't have grassroots pressure
from his audience to take me seriously
he doesn't feel like he has to take me seriously because
his audience and his friends don't
right
so that's really like i don't have this
urgency behind me
that's like on c n n where it's like
oh i have to take where houses coming from seriously because
discursively a bunch of other people are talking about it
and has represents like
a specific aut like i don't represent enough people on the internet that's very clearly identifiable
him to take me seriously i'm like
making a lot of risks and wagering on something else so
you don't have to take me seriously because i don't represent
an existing and established clan put it this way
why would nobles think about all these nobles in the middle ages or whatever right
they're not going to take seriously gangs khan gangs khan doesn't represent an established house right
it's only after gangis khan
conquers everyone that they're going to take him seriously but before then it's some random guy in mongolia they're not going to take him seriously
who is he who does he represent right
we should get all of the benefits from productivity
specifically financial institutions
controlled by the united states so
as bad as europe is
ah
if it's doing what america tells itus to do
and uh you know people on wall street as you well know love to talk about moral hazard when it comes to who providing uh cer access to funds in certain ways to working people but it seems that you know when the when the crisis happened in greece
i got a little curious about the underwriting of some of these loans
and i looked at them and they were frankly
poor quality
they were not the ones that
they there was no real due diligence there was no greece has a problem with inability to collect the taxes that they
didn't weigh in there were other considerations they didn't make they
it seemed like at some point they had a compliant greek
ah
government that you know help borrow money it was not really
thinking about worker working people's interests and so on
and yet the moral hazard stops here when it comes to you know
i didn't see anybody say well you know what you guys were careless with these loans you're going to have to take a on i'm was going to really quickly send someone a message to come on the shod on
turned amaze
certain
time
for this
type of pizza
want chrispine
a little go're one kind of like a fu copy
we're going to have three and a half
but
all th on the show dowe this friday
instance louianna one for impac
we don't have limit
would you tr foon
of salt
the welld destroyed
trace south
so i mean
i don't prefer it i mean i know i a miss
mapiajics will come with you do
we talk
let me talk to my queen
f different pieces for different occasions now
chicago style pizza
am i going
i don't prefer it
all right
hello
hi everybody
lucas thank you so much for the five gifted sons by the way
a
let me open up my stuff i haven't even opened up chatterino yet
listen everybody i was i was ready to stream earlier but then i decided i wanted to go eat some in and out so i did that and now i'm back from eating in and out so yeah that's m just what i did today that was like the highlight of my day was going to go get in and out
but yeah anyway thank you so much lucas again for the five gift oh my god
all all the gifted and everybody who subscribes nmally i know it's last minute shoitld i have to get these people for friday
so i normally don't stream on wednesdays but i really didn't have anything else to do so here i am we were the politics section oh i tried i tried this we got rid of this energy drink that has san gets and i got really good you know it's crazy too is it
the
i need some right wingers i need some right wingers
martine's perspective let him know
i'm wt to contact him
i want to contact the guy
i see this is
oe man ire just fked
a major haircut on this shorre
man let the greek people run their country the i
yahya is right wing
we need more like famous people
we need streamers and ships
isn't that a fair
we do another topic
big the topic on third parties is so esoterican our people accept sure
criticism of what's going on here
sorre when greece joined the european union
a there were certainreek all low southern
i don't know i i want to bring around it'll cost too much of like an issue
financial preconditions of solvency
the greek government hired goldman sachs
which are presented falsified economic accounts
to make it appear as if the greek government was a solvent
when actually it wasn't solvent yeah rob moore is always welcome
but we need more conservatives too just than him
the european move
the financial press knew this
they knew that goldman sachs and fake the accounts
ah
but they didn't care
because they know that america that the american government will bail them out
if you make a losing bet
you and you're a big campaign contributor you go to your representativere you
it would go to the obama
prase
and say we don't
wan to lose one hundred dollars when you bankrup this t'mrey and caous it a bit
cost with a billion dollars
just so we don't
lose a hundred dollars
and obama every single time said yes
so you this was really the turning point it was
two thousand
lora southern
yeah i'll see
nine and ten
stepan and mal and kn know things
he won't come and he's probably banned from everything
thed obama and diysner that the holl
financial lock in of the world economy
occurred to essentially
create a more usurius exploitative
financial system than had ever been in place before and he and the obama administration used the world bank
and the i m f is the
the sort of the bad guys and all this wre as they were really arms
of u s foreign policy and
super imperialism shows
how they were created in one hundred thirty four one hundred forty five
hold on give me one secd
dont me interrupt this
wan to see the
what is a she
privilege
and affluent people have always been integral
and successful revolutions throughout history
did you know that
sense addressing grimes and my kindness towards her i've gotten a lot of critique saying that someone like this isn't worthy of time and attention
but i will remind you that even in the russian revolution rich people helped immensely that's not to say that they were all angels before being radicalized before learning whose side they should truly be on
but once they did
gained that knowledge their help was so important take revolutionary marxist feminist alexandra colentai
born wealthy and privileged she used that privilege and power the ability to travel the language arroyal not started yet
or has it
what haes
oh it has wholeship
okay
i guess we're going to just go on
give me a moment
all right
what
i got a peace so that's why i'm in rushroom
i raid
wait on
and let me see the discord
all right
going to rerain
are guys see you
bye
see on the royal