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tv   Going Underground  RT  May 20, 2024 5:30pm-6:00pm EDT

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the, the action or it has, he woke up actually going on the ground broadcasting all around the world from the you a brutal day to a was the decline of us, probably accelerating rise of bricks, economic catastrophe, and west endurable in the bigger selection. yeah. in history up to russia, pockets on and bangladesh, the south africa and mexico, india, and the u. k. and in november, the usa, one trans full cost, it correctly predicted the us dot com crash, the us savings and loan corruption scandal, and the rise of gourmet coffee, jones, and then 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
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more tragically that war is good for business. why, why, you know, it's so sure about keynesian militarism being pursued by nato economies and devoured really by the, by the ministration as a way to get him out of the whole of these, in the head of november's elections. well, you know, it goes way back and once upon a time there was a president by the name of dwight 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 . that's 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. a migraine sliding the streets or they just passed another
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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 you'll look at around a 130000000000. how many billions of going to is real war? now, the america, the, the business of america has become war since the end of 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? paula just came out. out of that happy is nations in the world. america ranks 23rd. yeah, i wasn't sure about that bowl. finland seemed very old to be a number one,
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but you know, very well living there in new york watching the way the media clearly pro, by the media there ahead of your election with your opposition leader. that mr. trump, uh, facing all manner of courtroom courtroom trials. topline inflation figures are being trumpeted. the all the time is assigned. what do you detect in these inflation numbers of religion from central banks and statistical authorities around the world in nato countries, really. and in the united states are all in the united states, the numbers are rig 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,
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i'm not making this up. so 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 restriction, you have the u. k. and reception you have that barely the companies or the countries are pulling out of it. so when you're looking at drag, deflation is not stagflation. the economies are going to drag down and inflation is going to go up. your median household income in america. meaning which say to people and a child, the working is only $74500.00. your average cost of a car is around $50000.00. the people is struggling.
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going back to the campaign. as we've been saying, they're going to lower interest rates. they do it all the time and they're 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 said ahead, excuse me, this is the treasury secretary, the united states, janet yelling. 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 wrapping up the economy in the run up to the election. the lower interest rates go, the deeper the dollar for. the deeper the dollar falls, the higher gold prices go up and the higher inflation rises.
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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 buy the ministration that it's like you was the lose. oh no, no, to boost up the economy that slowly they're interested in like a brief and awful read the numbers. yeah, that's all they want to do the boost 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 down. the people are suffering now, but the media and, and the, the, the, the, the, the, the words coming out always 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. we saw the bailout of that silicon bank awhile 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 on
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the hands of november, all like a change, everything and is the only could crunch. there's only could we get to some extent one of our top trends for 2024. 1 of them, by the way, is a golden 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 happens. there is gold prices have gone up 600 percent since the millennium began. so another one of our job 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 after year,
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i'm getting up at 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 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 republic 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 and they're redoing their lease.
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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, they're worth nothing. they don't have the money to bail it out, but it isn't the way the military 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
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what's going on in san francisco, depending on those numbers, you're looking at vacancy rate, 30 percent. go to the 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, the businesses that depends it 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. you're not going to be able to bill it out. well, the way someone to bail 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 badging numbers that may
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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 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 when things get really bad, they get the 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 there. born on 3rd base, people couldn't stand them. the dot com bust happened. 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. are now on what follow the great depression?
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world war 2, but again, history today president franklin roosevelt seized all japanese assets in july of 1941. 0, you mean the japanese bought in december? he sees little japanese assets outcome. why those japanese is dated friction though china. why? how did the japanese go? the french were in vietnam. cambodia allows stealing and robbing and pillaging everything. 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 a japan. they launched 3 quarters of their global trade and 88 percent of their imported oil in japan in ports a 100 percent. that's funny cuz they know the history of the whole history books they've aged and then they took countries. japan just suddenly launch prolaw. but
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for no reason. exactly. so what i'm going back to when you said no, they're not going to be able to build the banks out. they're going to ramp up and 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 because of these huge issue we format that he 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, a decent 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
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founder and director of the trends research institute and publisher of the we 3 trans, the journal after this break the the the welcome back to going undergrad. i'm still here with the founder and director of the trends research institute and publish or the weekly trans journal gerald. so lender, joel, in the end, if i one you were talking about the option of going to war. when you face problems
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at home. more generally, i know the fiche, i don't know, these rating agencies, i don't know what a respect people have for them. frankly, and the fact they dropped the usa as 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, there is a global power. what do you make of it? the news in major media as well we would say 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 me, you know, a future, as i 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 launched a coven warrant, 2023 years,
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a 0 cove and policy. they destroyed the lives of livelihoods, the hundreds of millions of people in that country. and again, the damage done by the colored wars, 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 and you look at their g, d, p, it's skyrocket. when you have all of these booms in a nation, there's always over building. so it was over 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 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,
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p is real estate related and the price is going down. it was over built. so now what's china doing? 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, as 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. 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
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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 demand at home. exactly. so they're going to 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 over say the sunshine, it was 1.4. it was i say, oh the yeah. the birth rates code that got 1400000000 people. you go back what a 100 years ago. they had 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 a gemini,
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all around the world once in a matter of months of this year, it's called, it's going on now. you know, it's like, um, recently for example, 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 shall have gone life, liberty, the pursuit of happiness. age gone mad again. a new yorker now, i told you have the cove and what changed? things people are afraid to go out at night was the closing down now. 121 official crime thing was down in you. yeah, 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,
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the posit closing down now 1 o'clock in the morning. we used to 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, 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 on people seeking asylum from us back was to migrate the but for the rest of the world, does that propaganda still allow us to get, you know, they've had it, as i'm saying, 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,
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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 a t of debt. government debt. well, could be a business like this. yeah. and i do that, but i'll be, as you know, johnny yelling 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, it 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
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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 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. oh, the son never sits on the british empire. we could go to war 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 2 oil, what does it mean then for western european car and 6 bureau, the pound your, your,
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i was there, they were in trouble. the, your a, your teens. well, they had how many years a negative interest rates to artificially prop up the economy. and now the good, i mean the europe is, it's in europe is had its day look at germany. it used to be the bomb or of manufacturing and export in a virtual recession. the pipeline, the north 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. gemini, joe biden was a, in this region a while back, begging saudi arabia to reduce the output of oil. so how do you a gcc rusher, venezuela all refuse? wise oil. not going high up. the more given the refusal off opec nations to
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go with the united states or it is because of the war is going on these the drain war and they use real war. and again, you're looking at just the facts. you mentioned this course with a bite shade 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 to your food, no pay for this. not put didn't pay the people paid for it. 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,
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you're going to see, or the prices spike to above a $130.00 a barrel. and that's going to crash the equity markets and the global economy 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 more began, is that as you create 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 are going to go. how will that help you bite? and joe biden selection of election plans, and they've got
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a 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 recently to start leaving the united states and nato countries. and tried to go to the new bricks, countries to have headquarters or what are they going to do? the follow the money they're going to do everything they can and they control the government. it's like to have it thing in america. cool. the elections? the chair, once that 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've got the bank stairs, you've got the big check. you got the drug deal as the people call big pharma. and you got the military industrial complex. they're in charge of america. they're the ones running the show. so against cookie, no rush, they'll 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,
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is unable to control, he's one of them easy. they bring your husband controlling and at yahoo that will be a calamity for the whole world, the economy that what you, what your people do. if they're not, if they don't um, multi billionaires as well. what am i think 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 the 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. oh some i'm a big lot dead or alive and go into the ask and war the longest war in american
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history that we lost. 88 percent of the people believe a little clown. boy, they're going to believe 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 by the administration plays the walk on charles like that. thank you. oh, thank you. thank you so much for having me 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 have to our child going on the right to tv on rumble. don't com, watching. new and old episodes of going underground sees in the
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along the casualties as a result of israel's genocidal assault on gaza include suspension of international humanitarian law, but also free speech across the western world. perversely, being pro palestinian and pro peace is condemned. as pens, i submitted the
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the israel, 5 minutes, the lashes on to the international criminal pool. doctorate chief prosecutor says he wants to bring in family meeting next. and the author and his defense team, along with read as a promise to stand twice, twice rejected. we discussed the hague, prosecute as comparison between the democratic israel and the mass murderers of come off. this is a complete distortion of reality. this is exactly what the new anti semitism looks like. you can't hold court grows. julian this on the right to appeal is us extradition giving the wish to blow has that he may not have to face charges that could lead to spending a 100.

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