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tv   Going Underground  RT  May 20, 2024 12:30pm-1:00pm EDT

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time on your inside, so we're all university professor tahita saw the thank you. thanks for having. well, as we make sure you stay with the see international for our continuing coverage, we will always keep you fully updated on all the latest developments, both all that and online. thanks for joining us. the . the action or time you're welcome back to going on the ground broke out single around the world from the you a brutal they to a was the decline of us,
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probably accelerating rise of bricks, economic catastrophe in west and durable in the bigger selection. yeah. in history up to russia, pockets um and bangladesh, that's south africa and mexico, india and the u. k. and in november, the usa, one trend full cost, it correctly predicted the us dot com crash, the us savings and loan corruption scandal, and the rise of gourmet coffee, geralds 11 days, founder and director of the trends research institute and publisher of the week. the trends journal and he joins me now from kingston in new york. thank you so much, gerald for coming on away from the go on a coffee booming stock prices and the by the ministration open the book claiming more tragically that war is good for business. why, why, you know, it's so sure about keynesian militarism being pursued by nature of economies and devoured only by the, by the ministration as a way to get him out of the whole of these in the head of november's elections as well. you know, it goes way back as once upon a time. there was a president by the name of dwight
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d eisenhower. 5 star general supreme commander of the allied forces. and what does he tell the american people? the military industrial complex is robbing the nation of the genius of the sciences . this why the laborers in the future, the children. here we are, america infrastructure riding in front of everybody xyz though for all to see homeless all over the streets. 63 percent of the people living paycheck to paycheck. migrate was flooding the straits. oh, they just passed another bill about another trillion dollars to the military, industrial complex look at the money spent or ready to fight the ukraine war. the number is depending on who's your look at around a 130000000000. how many billions of going to is real war?
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no, the america, the, the business of america has become war. since the end, the world war 2. and the nation has declined in front of everybody's eyes to see it and begin. you don't have to believe me. you could look at the facts. what was that latest pelt, paul, which is came out out of that. have these nations in the world. america ranks 23rd. yeah, i wasn't sure about that bowl. finland seemed very old to be number one, but you know, very well living there in new york watching the way the media assume clearly the pro, by the media that are ahead of your election with the or opposition leader. that mr . trump, uh, facing all manner of courtly courtroom trials. topline inflation figures are being trumpeted all the time is assigns. what do you detect in these inflation numbers of
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religion from central banks and statistical authorities around the world in nato countries, really? and in the united states, on the united states, the numbers are reg, they started reading, i'm in the eighty's and ninety's. so for example, the median household, the median cost of a home in america is around $400000.00 level. we're going to put that number in people rent houses to we have to come up with a new figure of the price of let's say, steak went up uh, 40 percent. oh that's right. people change their diet, they're eating differently. so we're not going to put that in, i'm not making this up. so when you look at the real inflation numbers, visit a site by the name, a shadow stats, there will over double what they're reporting. so what america is going into is drag flashing not stagflation and by the way, europe as well. again, what do you have germany virtually on, in, in restriction you have the u. k. and reception you have that barely the companies
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or the countries are pulling out of it. so when you're looking at drag flashing, it's not stagflation. the economy is going to drag down and inflation is going to go up. your median household income in america. meaning, let's say to people and a child a working, it is only $74500.00. your average cost of a car is around $50000.00. the people are struggling. going back to the campaign. as we've been saying, they're going to lower interest rates, they do it all the time in the run up to the presidential reality show. and that's all it is. it's a reality show. it's a tv show. show. who is the side head? i excuse me, this is the treasury secretary, the united states, janet yelling,
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what was the last job, or she was the head of the federal reserve? wait a minute, you mean the head of the federal reserve? is the person in charge of america's money supply? the treasury, that's right. and we're going to keep her there. so we're going to keep lowering interest rates to artificially keep propping up the economy in the run up to the election. the lower interest rates go deeper, the dollar for the deeper the dollar falls, the higher gold prices go up and the higher inflation rises. that's what we're looking at. so as you can, i'll make strategy in purely purely electro attends not a good one for the by the ministration that it's like you was the lose. oh no, no, to boost of the economy that slowly they're interested in like a brief and awful read the numbers. yeah, that's all they want it to the post up the economy and boost up the equity markets . the people don't know how it mid to how bad it is until the equity markets go
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down. the people are suffering now, but the media and, and the, the, the, the, the, the, the words coming out. oh, it's happy days are here again. so they use the equity markets, they use the g d p numbers to keep promoting that things are just fine and they're going to get better restore the bailout of that silicon bank a while ago. what if the buy them doesn't win the race between what you're saying about the thing is being manipulated to make it look good on television and some major banks going under had them november all like a change everything and is the only could, could they only could rig it, to some extent, one of our top trends is for 2020, for one of them by the way, is a goal the new year for gold. you know, we come out with these in the 1st week of january, how long have you been saying that the gold bugs of is saying that for years never
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happens. there is gold prices have gone up 600 percent. so as the millennium began, so another one of our top trends is the bags go bust. there's a banking crisis that's going to hit united states, the hardest in europe as well. and it's because when they launch the cove and war, chinese lunar new year, the year, the rad 2020 in january. they told people you can't go to work. you guys back in your house, get back in your house. so people are saying to themselves after they're staying at home, week after week, month after month, year of the year, i'm getting up, it's 5 o'clock in the morning to commute an hour and a half each way. i'm not going to do that anymore. now i'm the guided reading soul . this space. let's say i have 300 people working my office building that i'm renting there in cubicles. i don't see them any way. yes. stay at home. i don't need all the space. we're going to have an office building bust that's going to
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crash the banking system. the facts are all there. the latest data is showing some you mentioned silicon valley bank. you go back to march of 2023 with silicon valley 1st through public seniors when they went broke, the markets went berserk and that was only 3 banks. now you have almost 300 small and medium size banks in america are coming under the pressure of the office building bust because people know in their redoing their lease they have revolving loans. now they have to pay more, the owners of the buildings because interest rates have gone up. they don't have the money coming in, they're going to be defaulting on their loans. the bank's bought up tons of treasury's, when interest rates with down near 0,
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it worth nothing. they don't have the money to bail it out, but is not always the ministry can, can comes in to murder children in the middle east. the u. s. government can loan the money that way and subsidize those banks. no way talking the same day as office space and commercial property. yeah, this is, this is like nothing ever seen in modern history. yet the numbers in new york city, your office is vacancy rate, meaning nobody there actually 23 percent. if you look at what's going on in san francisco, depending on those numbers, you're looking at vacancy rate, 30 percent. go to castle system with a k. look at the office occupancy rate, meaning people going to work in the 10 largest cities in america, around 50 percent. so now not only are the office buildings going bust,
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the businesses that depends on commute is going out of business to their hurting. so we're going to see a banking crisis, the likes of which we have never seen in modern history. and to this guy is not going to be able to bill it out. they're not going to be able to bill it out. well, the way someone to mail things out isn't going to do. there always is you just print the money. but to this guy, is this in this? so go mainstream media over there. i understand that headlines, vera, it's china. that's really having the problems, you know, just something about the industrial output coming from aging numbers that may prove different to uh, the adobe predictions that we've had. the for the past 20 is that china was gonna defend into some kind of depression, rather than bringing 800 to 1000000 people out of poverty. i'm before i go, go onto that. i just want to go back to what you said about printing money. one of
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my lines, as i said, we don't see them being able to get out of is one of my lines is when all else fails, they take you to war. so if things get really bad, they get to people's mind off it all. well, you have to look is the dot com bust. little georgie boyce, the little daddy's boy over they have borne on 3rd base. people couldn't stand them . the dotcom bus tap in america is going into recession. 911 happens, everybody forgets about the war on terror. begins go back to world war 2, don't believe me. go to history today on what followed the great depression world war 2, but again, history today, president franklin roosevelt seized all japanese assets in july of 1941. 0, you mean the japanese bogged in december? he sees the old japanese assets outcome. why those japanese is dated friction dough
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. china. why, how dare the japanese go? the french were in vietnam. cambodia allows stealing and robbing and pillaging every thing. why. how do you, how are they in the united states, u. k. and the dutch put sanctions on russia. excuse me, on you are japan. they launched 3 quarters of their global trade in 88 percent of their imported oil in japan, in ports a 100 percent. that's funny because they know the history of the whole history books age and that age or countries, japan just suddenly launch for a while, but for no reason. exactly. so what i'm going back to when you said now they're not going to be able to build a bank shout, they're going to ramp up more. that's what we see happening again when you look what's going on in israel. every body forgets the 39 weeks of major protest against netanyahu,
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because of these huge issue we formatted who was trying to push through. so he would not have to go and be brought up on the charges that he's being accused of. and not my words, not my words, but the president of israel isaac's hers. odd said again when 39 weeks of pro, just up to october, 7th, when her mazda attacked in 2023, it is a civil war going on, and he is real, totally forgotten. when all else fails, they take you to watch jose and i got your right to stop you there. more from the founder and director of the trends research institute and publisher of the week the trans, the journal after this break the
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oh, what i would show seemed wrong. just don't have to shape out the application and engagement because the trails when so many find themselves worlds of parts, we choose to look for common ground, the the welcome back to going under, right. i'm still here with the founder and director of the trends research institute and publish are the weekly trends journal gerald. so linda, gerald and if i one you are talking about the option of going to war when you face problems at home will generally i know the future. i don't know, these rating agencies, i don't know what to expect. people have for the, frankly, and the fact they dropped the usa as
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a triple a rating. but we were talking also about the fact that the problems only being these guys by this looming disaster in china, the end of china is a global power. what do you make of it? the news in major media, as we was saying, is that i mentioned before the 20th century was the american century. anyway, forecast that the 21st century would be the chinese century. because the business of america has been war. and the business of china is business. however, again, when people use this called the, you know, a futures, they said nobody could predict the future. there are too many wild cards, whether they're made by humans or nature. and china played a wild card again. they went to war, china launch the coven ward, 2023 years, a 0 cove and policy. they destroyed the lives of livelihoods, the hundreds of millions of people in that country. and again,
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the damage done by the cold war is incalculable. it's all forgotten. let's go back again. yeah, we don't have a date or on it. yeah. you go back and you look at shine is boom. it's when they got into the world trade organization, w t o 2 weeks after 911, by the way, and bill clinton brought them in before that. that was really officially came in. you look at their g d p t skyrocket. when you have all of these booms in a nation, there's always over building. so it was all with built, the bone was big, it was going great, was 3 years, a 0 co way policy didn't calculable damage to, to china. so now, as you have the real estate crisis, because you have again, depending on whose numbers you look at, almost 30 percent of china is g. d, p is real estate related and the price is going down. it was over built shop. now, what's china doing?
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it doing the same thing that happened in russia when the ukraine war began. you had country companies pulling out pulling out, pulling out sanctioned sanction sanctions. and what we said in the trends journal is that russia has all the human and natural resources, they need to be self sustaining. and you look at their g, d p and their self sustaining. let's go to china. 1.4000000000 people. and a lot of people, china is becoming more self sustaining. they have the human and natural resources needed. that's what's going to build the chinese economy. but it's going to be basically a sanctions policies on china, which is now trying to be repeated. totally ridiculous. presumably, i mean, they cannot even satisfy their own deadlines at home. exactly. so they're going to
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be more self sustaining and self sufficient. it's better than globalization. it builds the internal you're buying from your neighbors. you're not sending your money overseas. the sunshine, a with one point for all they say, oh the yeah, the birth rates code that got 1400000000 people. you go back or to a 100 years ago. they have bought about a half a 1000000. you know? so they got plenty of people and they have the human and natural resources and they're uniting with the other countries that have had enough of america's economic and geo political had gemini, you predicted, increasing at the american to some or these to opposition to us of germany. all around the world once in a matter of months of this year. oh it's, it's going on now. you know, it's like, um, recently for example,
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i used to america as i said, even if you believe that poly at all, believe it again, i'm a monopoly tunnel that grew up in the bronx. 1946. the height of this period of america, right. as to the actual gone, it's all gone. life, liberty, the pursuit of happiness. it's gone that again, a new yorker now, i totally have the call with what changed names. people are afraid of go out at night. was the closing down now, 121 official time thing was down and you get the official from 970, the official bunch of bologna. it's the people on the street that see it, feel it and hear it again. the posit, closing down now 1 o'clock in the morning, we still go out at 1 o'clock in the morning where i am up in kingston, new york. now the child is a dead at 9 o'clock,
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but you have the hollywood cultural industry, and huge media conglomerates to sell the image of the united states. have you talked about dramatically? they're all around the world to make people think it's still like that. probably helping got people seeking asylum from us back was to migrate the but for the rest of the world, does that propaganda still allow? uh, good, you know, they've had it, as i'm say, the world they've, they've had it with america going back. you're seeing the alliances with china and russia and ron and shout after the african nations. they've had a nuff. and again, let's go back to the number. it's going to lower interest rates. the lower interest rates go, the deeper the dollar falls. we are on the verge now of the best of the dollar. a network guy has almost 35 trillion with
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a t of debt government debt, who can be a business like this. yeah. and i use that, but i'll be, as you know, johnny ellen would tell you 97 percent of g d b. it doesn't matter because the dollar will still be used as a reserve currency. i'm sure it is declining is a reserve currency if the will, but it's still used in that way. and of course, china has a lot of a u. s. bonds. again, as the interest rates go down, the dollar is going to weaken. and a matter of fact, the get talking about china data with the biggest buyers of gold rush this year, the people from the beginning of the year. because they see the dangers they are in china to what's going on. they've increased their gold sales to the consumers by 24 percent compared to last year. and china is the biggest country in the world buying
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goal reserves. i'm telling you the dollars going to go down. and this be, this is the, the united states became the country that our founding fathers, ford against, called the u. k. what, what the u. k. down or the sun never sets on the british empire. we could go to more anywhere we want. and after world war 21, what happened to the pound, the pound went to craft because of all the money and all the was they spent the money on say things happening with america. the debt in america is going up one trillion dollars every 100 day. okay. quick side, but before we get to oil, what does it mean that for western european currencies, the your, the pound your, your, i was, they were in trouble the, your right, your opinions? well, they had how many years a negative interest rates, the artificially prop up the economy. and now the good, i mean the europe is,
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it's in europe is how to de, okay, germany, it used to be the bomb or of manufacturing and export in a virtual recession where the pipeline, the node stream pipelines, blank energy, and the mysterious accident. yep. yep. so anyways, it's, it's, it's, they've had it, they've had it, and the world has had it, they, they did going against america's economic and geo political, germany. joe biden was a, in this region a while back, begging saudi arabia to reduce output of oil. so how do you a gcc rusher, venezuela? all refuse? why is oil not going high up? the more a given the refusal off opec nations to go with the united states or it is because of the war is going on these the drain war and the israel war. and again, you're looking at can just the facts. you mentioned this course with
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a bite to say when they, when they put the sanctions on russia. and one of the things they did was cut off the oil supply going into a gas supply going into your food, no pace. that is not what didn't pay the people paid for. and so going back to it was bringing up the prices and the concern is the was going on. if did i, recently, israel has killed a number of commanders in syria, is a ronnie and commanders. they are accused recently of bombing the around in oil depot and oil feels if israel goes to war against iran, you're going to see oil prices spike to above a $130.00 a barrel. and that's going to crash the equity markets and the global economy.
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putting it into perspective, as we forecast that is real, is not going is going to continue this war and it's going to continue to escalate. and as we have been warning since the ukraine war began, is that as ukraine loses, they are going to take more and more dramatic steps to get money from the united states and europe. and doing so, things like, all of a sudden, a nuclear power plant blew up the going to escalate these wards, the more the wars escalate. the higher gas and oil prices the going to go, how will that help you bite? and joe buttons, election and action plans, and that kind of double question just finally, because we're out of time. how easy will it be for these big tech companies? i know tim coke of apple was engaging, leads me to start leaving the united states and nato countries. and trying to go to
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the new bricks, countries to have headquarters, or what are they going to do to follow the money? they're going to do everything they can. and they control the government. if they have a thing in america, call the elections. it can't run for anything unless you've got a lot of adult behind yet. and these are the guys that pay for the campaigns and everything else. they'll do what they want. they're in control. it's, it's, you've got, you got the bank stories, you got the big check. you got the drug dealers, the people cool, big pharma, and you got the military industrial complex. they're in charge of america. they're the ones running the show. so against cooking over, i still do what they want, go where they want do what they want because they're only interested in the bottom line. but if the iran, if i buy them, is unable to control, he's one of the easy they bring your husband controlling and at yahoo,
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that will be a calamity for the whole world, the economy that where, what should, what's your people do? if they're not, if they don't, um, multi billionaires as well. what am i think is, is gcs gerald slides is gcs 3 g's pods. golf in and get away plan. now this thing is, this is serious. world war 3 we believe is already to be gone. is going to be a false like event that quote makes it official. like i said pro hob and made it official. you know that the, the 911, the war on terror became official. again when all else fails again. 88 percent. 88 percent of the american people believe the little boy like george g bush. we're going to get that guy or something. i've been lot dead or alive and go into the ask and war the longest war in american history that we lost. 88 percent of the people believe a little clown. boy, they're going to believe
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a guy that's out of his mind till the people rally around for a wall like that. and we say that that's going to be the card that the biden ministration plays, the walk on, charles like that. thank you. oh, thank you. thank you so much you having day and thank you for the great show you put on and all that you do. i appreciate it. thank you. that's it for the show. remember, we're bringing you brand new episodes every side then monday until then you can keep in touch with i will let social media if it's not sense that in your country and what channels are you on the tv on rumble? don't com, watching new and old episodes, ongoing undergrads. he's in the,
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[000:00:00;00] the breaking news. they sell a b international criminal quotes. chief prosecutor thinks arrest warrants for these really prime minister. and how much need is the october 2nd attack on the subsequent rule in guns that you case? hi, coach grant julian this onto the right to appeal. he's us extradition keeping the wistful blow a hose that he may not have to face charges that lead to spending a 175. he is behind thought it really in the president abraham, but i see on his farm and it's the outcome sent to the in

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