Situation Update, 9/8/22 - Western Europe now facing "TOTAL FINANCIAL COLLAPSE"...
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All right, welcome to the Situation Update.
I think the most important situation update of the year for, what is it, Thursday, September 8th, 2022.
Mike Adams here, and we've got a special situation for you here today.
I've invited two guests.
They're both named David.
And they both have a message that is...
It's going to be a wake-up call.
Some people might even call it Doom.
So since it's not Monday, Tuesday, or Wednesday, I'm going to call this Double David Doomsday, the special edition of the podcast.
Double David Doomsday.
Now, who are the two Davids that you're going to hear from tonight?
They are David Morgan from the Morgan Report and David Dubine of Adapt 2030.
And I've got – well, I reached out to both of them to bring them on because of the just extraordinary news that is breaking right now.
Let me just get into some of it here, and then we're going to jump into those two interviews afterwards.
In fact, I'm not going to actually talk much tonight.
We're going to bring in those two guests.
But let me tell you a couple of things that are critical.
So right now, you know that energy is a crisis in Western Europe, and you know that Western Europe is economically tied to the United States.
You know things are getting totally crazy in the U.S., and For some reason, everybody's talking about September 23rd as some pivotal date that everything's going to happen.
I don't like to predict certain dates.
I don't know if there's anything special or magical about September 23rd, but I keep hearing that day come up.
So just keep an eye out for that.
But here's a story from Sputnik News.
Swiss overheating homes in winter may face prison.
So this is from Geneva.
Swiss citizens who overheat their homes to over 19 degrees Celsius this winter in violation of government directives in the event of gas shortages will face fines and prison sentences of up to three years!
says Swiss Economic Department spokesperson Marcus Spornley told the Blick newspaper on Tuesday, quote, violations of the country's law on supplies always constitute offenses or even crimes and should be prosecuted by cantons violations of the country's law on supplies always constitute offenses or even I don't know what he means by cantons.
The story goes on to say that citizens could face a sentence of three years in prison, according to the newspaper.
And even if you didn't mean for the temperature in your house to go over 19 degrees Celsius, which is about 66 degrees Fahrenheit, you could face a massive fine violation.
Right.
And also they say, this is from the Swiss government, water can only be warmed up to 60 degrees Celsius.
You got that?
While the use of heaters or hot air tents will be prohibited.
Okay?
You thought that the energy shutdown was an accident?
No, no, no.
It's on purpose in Switzerland.
What do they mean that you can't, you're not even allowed to boil water?
They're literally saying that boiling water is going to be a crime in Switzerland.
Because, you know, water boils at, what, 100 degrees Celsius, correct?
In the Celsius system?
100 degrees.
At least at the right atmospheric density or altitude and so on.
Roughly about 100 degrees.
Give or take.
But you're only allowed to heat it to 60 degrees.
Folks, that's just barely warm water.
I mean, we heat some of our columns in the lab, the chromatography columns, we heat them to 60 degrees, 65 degrees.
They're a little bit toasty, but you can still touch them.
That's not boiling water.
You can't even make soup this coming winter.
And you know that making soup or tea or hot chocolate or something, that's going to be the only thing that keeps you warm since your house is freezing.
You can't even heat it above 19 degrees Celsius.
And by the way, they'll probably lower these numbers even more.
You know, at some point it'll be, well, you're not allowed to heat your house over 15 degrees Celsius, and you can't have water over 50 degrees Celsius.
And so, Werner Lugenbühl, the head of Swiss Electricity Commission called Elcom, I think that's it, urged citizens to stock up on candles, And firewood, citing possible power outages in the coming winter.
But you understand, if you use firewood to heat your house to more than 66 degrees, you can go to jail for three years.
For heating your house with firewood.
I mean, this is the end of Western Europe, folks.
I mean, this is the insanity of the last chapter, the final death plunge of Western Europe.
If you heat your home or boil water, you go to jail.
It's just unreal.
Now, I ask you this question, folks.
How desperate must...
The so-called leaders of Switzerland, in this case, how desperate must they be to threaten people with prison time for boiling water or heating their homes, even with wood?
How desperate?
That tells you that the situation is dire.
It is far worse than what anybody is admitting publicly in the media or among the government leaders themselves.
They know that And listen carefully, because I've been trying to sound the alarm on this for quite a while here on the podcast.
The European leaders know that their people are going to die from starvation and exposure, freezing.
They're going to die this winter, perhaps, perhaps by the millions across Europe.
Maybe it won't be that bad.
I hope not.
But that's certainly within the scope of what's possible.
The European leaders know there's going to be mass death.
They are burying the truth and just pretending like it's all going to be okay because they're going to print money and help people pay their electricity bills.
But then you're not allowed to heat your homes or boil water without going to jail.
They are desperate and they're not telling the truth.
Well, there is an individual who has stepped forward on Twitter And this individual, his name, he's the CEO of GNS Economics in Helsinki, Finland.
His name is Tuomas Malinen.
And he went out on Twitter with some bombshell tweets that I'm sure he's probably going to delete.
So I'm not sure if you can find these, but I found them.
I confirmed them.
In fact, I'm going to read you from his tweets.
And his Twitter handle, by the way, is M-T-M-A-L-I-N-E-N. If you want to check it out, M-T-M-A-L-I-N-E-N, like Mount Malin or something.
So here's what he says.
And understand that he's a professor of economics at the University of Helsinki.
This is a mainstream finance guy, okay?
He says, quote, I'm telling you people that the situation in Europe is much worse than many understand.
Continuing the quote, we are essentially on the brink of another banking crisis, a collapse of our industrial base and households, and thus on the brink of the collapse of our economies.
We are totally at the mercy of the authorities.
We have very little knowledge of what they have planned.
Will they be able to stop the onset of the banking crisis yet again?
I don't know, but I'm doubtful.
In any case, the speed of deterioration is massive now, and it's only a matter of time when markets catch up.
I am betting that we still have a few weeks or months at max before quote mayhem truly begins.
And then he goes on to say, everybody needs to stock up on cash, food, water, wood, if you have a stove, he says, and other necessities.
Folks, We've just seen a major finance guy, an academic, a PhD finance guy, go full prepper.
It's a full prepper.
It'd be pretty wild to have this guy as a guest, wouldn't it?
We should reach out and see if he's willing to talk to us, which I doubt because he doesn't want to lose his professorship or whatever.
But you've got to give him credit for speaking out.
Although I bet he's going to have to walk this back.
But I'm going to ask both David Morgan and David Dubine for their reaction to these quotes from Tuomas Malin, or I don't know if I'm pronouncing that correctly, but what are their reactions to that?
Because you need to understand and you need to hear, I mean, David Morgan is the silver guru.
He...
He knows what's up with precious metals, the dynamics of the markets, the risk assessment, asset protection, all of it.
He's got his pulse on that system.
And then David Dubine is tracking the shutdowns of industry, fertilizer, food, metals, commodities, the solar cycles, the grand solar minimum, the magnetosphere of the planet, the dwindling water resources.
These two guys are experts in their areas, and I couldn't think of anybody better to have on today, given the crisis that we are watching unfold, than these two guys.
Now, understand that this crisis will not be limited to Europe.
It will spread.
It will spread to the world.
It will spread to the United States.
And Canada and Japan and Australia and so on.
Now, remember, the Vatican has ordered all Vatican or all of its satellite organizations to send all their money back to the Vatican Bank before September 30th.
Right?
That's only, what, 22 days away.
Why are they doing that?
Because the Vatican knows the global economic collapse is imminent.
They want to have all the money under their control before it hits the fan.
Why are all the wealthy elite people taking massive amounts, I mean tons, thousands of tons of gold and silver out of the exchanges demanding physical delivery?
Because they know the global debt-based financialization...
Apparition, I don't know, the fiction, the projection, it's about to come to an end.
It's going to collapse.
And when it collapses, the only thing that matters is what you physically have.
What do you have?
Physical commodities, hydrocarbons, natural gas, gold and silver, a house, a piece of land, a vehicle, ammunition, all these hard assets that we talk about.
If you don't have those hard assets, You got nothing.
Because the entire global system of fiat currencies, it looks like, now is going to be, or at least the Western fiat currencies, I should clarify, are going to be brought down by a cascading collapse that begins in Western Europe.
It probably begins in Germany, because Germany is the closest to, well, Germany has the most risk of industry collapse from a lack of natural gas from Russia.
Russia shut down the pipelines to 0%, 0% flow.
Germany is going to get hit the hardest.
That's going to spread to all of Western Europe.
Western Europe is going to go down.
That's going to spread to major trading partners such as Canada and the United States and so on.
Australia and also Japan is going to get hit hard.
Even Taiwan will get hit hard and so on.
I mean, there will be ramifications across Middle Eastern nations, Africa, Central and South America, Southeast Asia, even, of course, China as well.
It looks like Putin has achieved his grandmaster chess maneuvering to destroy NATO and Western Europe without ever having to fight them.
That's what it looks like.
It looks like Putin has maneuvered Western Europe in a situation where the entire continent is committing economic suicide and that it will be destroyed.
The suicide will destroy Western Europe.
It looks like...
No, seriously.
Putin must be looking at this and just...
I don't know if he's patting himself on the back or laughing maniacally or something.
But Western Europe is taking itself out of the future of this planet with this economic suicide and nobody is coming to their senses over this.
And it will not stop at Western Europe.
By the way, any of you, if you own an Audi car, if you own a Volvo, if you own a Volkswagen, if you own anything Mercedes-Benz, anything made in Europe, made in Germany or wherever, That car is going to become a useless hunk of just steel, I guess, and parts because you won't be able to get parts for it.
Western Europe is going down.
And we covered yesterday the shutdown of the steel foundries, the shutdowns of the aluminum smelting, the copper smelting, zinc, manganese, iron ore.
And I published the whole list on Natural News, by the way.
You can read the whole list if you want.
It's a little doomsday-ish when you look at that list.
But We give you all the sources.
The sources are like Reuters and Kitco and Wall Street Journal.
Boom!
It's all there.
The proof is right there in front of all of us that Western Europe is going down.
And they've shut down ammonia production by 70%, shut down fertilizer production.
Even CF Industries closed down.
And other fertilizer producers have closed down all over Europe.
Folks, are you seeing the picture?
There's no energy coming in.
There's no fertilizer being produced or nearly none.
There's almost no steel or metals being produced.
How do you grow food?
Number one, you don't have the fertilizer, but then also you don't have the water.
Because the water's got to be pumped, usually with, you know, well water pumps or some kind of electric pumps.
Well, the electricity is a thousand percent higher cost now in some parts of Europe and headed much higher, by the way.
Can you afford to pay a thousand percent higher electricity bills to pump water for irrigation to grow food?
No.
No, you can't.
Unless you're growing food with rainfall.
Which does happen some places, but it's not reliable because of droughts and floods.
You know, rainfall has been pretty unreliable lately all over the world.
So if you're irrigating, you're using energy.
And that energy has just skyrocketed in cost, which means that farming is no longer economically viable across most of Western Europe.
And that's not even considering the fact that the governments are trying to shut down the farms, like in the Netherlands.
And other countries just deliberately trying to shut it down.
But I never thought I would see the day where if you heat your home with wood in Switzerland, you could be arrested and thrown in jail for three years for merely heating your home above 19 degrees Celsius.
That is extraordinary.
You're supposed to run around and, I mean, once you shovel a bunch of wood into your wood stove, you know it's going to burn.
It's Maybe you can control it.
Maybe you can't, but it's pretty easy to get your room heated up with some wood.
What are you going to do?
If it gets too hot, you got to open all your doors and windows in case the climate police show up.
Oh my God, the climate police might be here.
Quick, open the doors.
Freeze us out.
Make sure we're not too warm.
It's just, it's beyond insane.
It's suicidal.
And, you know, at some level, I mean, I know not everybody in Europe is part of this death cult, but a whole lot of them are.
A lot of Europeans, they love socialism and progressivism and inclusivism and greenism and all this stuff.
So they voted for the suicidal lunatics that have put them in this position where they're going to die.
They're going to die by the millions.
And just as sure as the earth is orbiting around the sun.
The days are counting down.
It's like a ticking time bomb of just like deadly freezing cold weather that's coming because of the motion of the Earth around the Sun and the axial tilt of the planet.
So the northern hemisphere gets much colder in the winter, obviously.
It's coming unless you can change the orbit of the Earth.
It's going to be a cold winter.
You can't stop it.
They don't have the energy.
They don't have the food.
They don't have the fertilizer.
They don't have the industry.
They don't have the economy.
It's going to collapse.
But I tell you what, we'll ask David Morgan and David Dubine.
Those questions and see what their interpretation is.
And I tell you what, I'll try to tone it down a little when I'm asking them questions so as not to, you know, I don't want to lead them into my conclusions.
I want to find out what their conclusions are and see what their assessment of the situation is, okay?
Just so you know, David Morgan tends to be a More worrisome types of things, you know, very publicly.
So we'll see how that goes.
We're going to go to those two guys here shortly.
But there's something else that hit me that I have to share with you.
And it's based on the idea that Western civilization nations, including the United States, the UK, and so on, they are running on financial fumes to such an extent.
They're running this fake financialization economic illusion.
And it's a Ponzi scheme that's built on so much debt that they know they can never grow their way out of it.
They can never pay back the debt.
The system is designed so that they can't pay back the debt.
They know that there's no solution to this that's in the world of sanity and rationality and planning and fiscal responsibility.
I think that these Western nations, which includes Germany, by the way, have come to the conclusion that their only way out is massive, force majeure, destruction of Of, frankly, the nations themselves or the destruction of the capitals of the nations.
For example, the destruction of Washington, D.C. Perhaps with a false flag terrorism type of thing, like a dirty bomb or a nuclear bomb or Russia launching nukes or something.
They need Washington, D.C. destroyed.
They need London destroyed.
They need Paris destroyed.
They need Berlin destroyed.
Why?
Because they need to erase the debt.
They need to destroy the evidence, destroy the transaction logs, and eliminate all of the damning evidence of the criminal activities of these nations and their leaders for the last several decades, really going back to World War II. Just as Building 7 on 9-11 was brought down with controlled demolition in order to destroy the We're
and drug running operations and so on.
And they just destroyed all the records.
Just as that took place, and it was all on purpose, they're now going to have controlled demolition of Western civilization to destroy any remaining responsibility for the Ponzi debt scheme, the suicidal debt fiasco, the pyramid of the suicidal debt fiasco, the pyramid of debt that they've built for generations that they now have to erase.
And that's the reset.
That's the great reset, the global reset, the financial reset, whatever you want to call it.
They've got to be able to declare force majeure.
So in order to navigate this, you and I need to be thinking along the lines of what kind of force majeure must they engineer into play to literally destroy capital cities of these nations?
They're going to have to...
For example, nuke London or something similar, maybe a massive cyber attack on London.
They're going to have to take out Paris.
They're going to have to take out Washington, D.C. When I say they, I mean the globalists or even the people running these countries.
They would do it to themselves or they would do it to their own countries in order to make sure that they don't go to jail as criminals who conspired to create this debt-based pyramid system just based on massive fraud, total fraud, criminality, drug running, child trafficking, all the stuff they're into, bioweapons development, money laundering.
I think I already said that the whole deal.
Like where do you think all this money is going to Ukraine?
Where do you think it's actually ending up?
Is it going to the soldiers of Ukraine?
No, of course not.
It's tens of billions of dollars.
We're going to be at $100 billion pretty soon that will have been sent to Ukraine.
Where does $100 billion disappear to?
What goes into the pockets of all the crooks and criminals?
And they've got to delete the log files.
They've got to delete the history of their criminality.
They know they're guilty.
They've got to destroy the evidence of their guilt.
And the only way to do that is to now have something so massive, something way bigger than 9-11, they have to take out their own cities and destroy their own nations.
This is why they want a civil war in America.
This is why they want war with Russia.
This is why they want China to invade.
If China invades America, they just say force majeure.
We no longer owe anybody any debt on the Treasuries because, well, it's a war.
Or maybe they would even invite China to come in and take over the Treasury, take over the Fed, you know, invade and control Washington, D.C. Boom, all the debt obligations wiped out.
Same thing if Russia nukes America.
See, their debt is so bad.
It's kind of like if you had a crazy family member who was deep in debt because, let's say, they had a gambling addiction problem or something.
Like, they owed a bunch of loan sharks like half a million dollars.
And they didn't want to pay it back.
So they would, like, torch their own home or something and fake their own death to try to get out of the debt.
Like, set their own house on fire.
I'm no longer here.
They run away and hide somewhere and change their identity.
Like, that's what's happening on a global scale.
On a nation-level scale.
The nations are trying to torch themselves to clear the debt and clear the history of complicity in this global criminal fraud operation.
And this explains vaccines, too.
This is why they're trying to kill off people, because If they know that the people are going to rise up, coming very soon, as all of this happens, the people who are going to be broke and starving to death and have no functioning currency remaining, they're going to rise up.
They're going to be freezing, but they're going to rise up all over Europe, all over America, all over Canada.
They're going to rise up like crazy.
So the governments want to mass murder the masses before they can rise up.
They want to enslave them, they want to control them, but they mostly want to just exterminate them.
That's what the vaccines were all about.
That's what 5G is all about.
That's what the droughts are all about, the food scarcity that's been engineered that we've been talking about this entire time.
This is a global genocide operation to clear out the masses before the great engineered collapse and reset that will end sovereign nations.
It will end the nations.
It will put the remaining survivors of the human race under the control of militant globalists in a central bank digital currency system who control everything from food to commodities to energy to digital currency, everything, technology.
They'll control all the news.
They'll determine what is the truth.
Anything that's not their truth won't be allowed.
They're not going to allow you to own firearms.
They're not going to allow you to buy ammunition.
No.
You're going to be a slave to the globalist state, and there will not be an America in their plan for the future.
There will not be a United Kingdom.
There won't even be France or Germany or Poland or Italy or Greece.
It's all going to be one world government, just as they promised, just as George Bush promised.
A new world order.
Yeah, well, that's what they're doing.
You're watching it.
So we've got to bring in the two guests here, David Morgan and David Devine.
We're going to jump to that in a second.
Let me just give credit to our sponsors today, which is the Treasure Island Precious Metals Company.
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And my personal opinion is that things are about to get very, very bad.
So remember how I said the other day that if you think good news is coming, then you would expect silver to go down and get a lot cheaper.
If you think bad news is coming, ultimately silver and gold are going to get a lot more expensive.
I don't see any interpretation of these world events where good news just starts rolling out and everything becomes affordable and abundant all of a sudden.
I don't see that happening.
Unless somebody waves a giant magic wand or, I don't know, if God intervenes, yes, I get it.
But all I see right now, at least for the coming winter and most of 2023, is bad news.
But look, you make your own call, obviously.
If gold and silver are right for you, that's a great source of where you can get some.
Talk to them.
You can ask them questions.
They're very knowledgeable.
Secondly, backup energy sources, solar generators, power storage devices.
Find all of that plus satellite communications systems that will work when the grid is down at SAT123.com.
That's SAT123.com.
Thank you for checking them out and supporting them as they support Brighteon and the platform for freedom of speech.
And we'll try to keep Brighteon online as long as possible as the world crumbles.
As the power grid goes down, you know, at some point, we'll all be offline, but until that day comes, we're going to explore the truth and share the truth as much as possible.
All right, with that said, let's jump right into the first interview with David Morgan.
All right, welcome everyone.
You're going to love this interview we have for you today.
David Morgan from TheMorganReport.com.
David Morgan is an extraordinary individual.
He has been covering precious metals, especially silver, for quite some time.
And he is an analyst, just top of the world analyst at looking at the trends and understanding what's happening, but also teaching you how to not lose your shirt in metals investing, which is easy to do if you're over leveraged.
So, David Morgan, welcome to the show, sir.
It's always an honor to be able to speak with you.
Well, Mike Adams, it's an honor to be with you.
And it's a mutual admiration society.
But we both have done a great deal of effort to try to bring the truth to people.
Thank you for the introduction.
Absolutely.
So let's just jump right into it.
I want your assessment.
First of all, our topic today is about Western Europe.
And I've been talking for days in the podcast about the imminent financial crisis.
Because we've got, of course, the gas shut off.
Nord Stream 1 is at 0% flow.
You've got massive debt instruments, derivatives tied to energy markets that are about to implode the threat of government bailouts or even government takeovers of energy.
You've got some people in countries like France paying 1,000% higher electricity bills.
You've got massive shutdowns of industries.
Steel factories, aluminum smelters.
I mean, it's just across the board, pubs and restaurants and cafes.
They're all shutting down.
So, I mean, maybe not all, but all those categories are having shutdowns.
That's the more accurate statement.
But what is your assessment, given that we're only in the first week in September, essentially?
What is your assessment of where Western Europe is headed this winter?
Almost in the abyss.
That's probably too strong an analogy, but very much blackouts, brownouts.
There will be people that probably don't get enough heat to live.
I hate to say it, but that's the way I see it.
You asked me how I see it.
If I could be so bold, Mike, to just digress a bit and give kind of an overlay on this whole thing so people really understand what we're talking about.
Not that you're not very clear and concise.
It's just...
There's a misconception, and the misconception is this.
There was a docudrama done out of the United Kingdom many years ago, and I used to use it as my starter for many speeches I gave throughout Europe.
And it was about an oil derivative's gone bad.
And then they have up the Ministry of Finance from the UK. This is an imaginary scenario that's very much what's unfolding right now.
And in this, he says that people think, I can't do a very good British accent, but he says, People think that the world runs on money and finance and that sort of thing, currency trading.
But no, it runs on energy.
Without energy, nothing happens.
And energy means oil.
And when I saw that docudrama, you know, it tweaked my situation.
You know, I kind of more or less thought finance, money, whatever, but really it's energy.
And so that's what we're talking about.
I want to bring that to the fore, Mike, because there are people who think, oh, if I got enough money or I got enough silver or whatever, I'm okay.
You've got to have enough energy.
That's the bottom line.
Well, it's interesting that even Putin said just the other day that the West needs to dispel its illusions, I'm paraphrasing, but its illusions of fictional economic activity based on financial instruments, and understand that real economic activity comes from energy and commodities, things like minerals, aluminum, iron, ore, coal, things like that.
And no matter what people think of Putin, I can't disagree with that statement.
You know, you can't live on derivatives.
You're going to have to have heat and water at some point, right?
Absolutely.
No, you just, you know, added on to what I said.
And it's absolutely essential for people to understand this.
You really want to think of as the petrodollar, the petro behind it, not much anymore.
Things have changed drastically in the last several months.
The point is that it was a unit of account for some amount of energy.
And you're losing energy.
So we can always think about it as debasing the currency and why gold should go up in paper price and all that.
And it's all true.
But if you really want to analyze it, let's say, as objectively as possible, you want to think about how much BTUs, how much energy can you get out of that thing.
And the answer is you can print them to high heaven, but it doesn't produce more coal, more oil, more uranium or anything else.
And there's an energy equation that very few talk about.
It's energy return on energy invested.
If you want to go all green, and you're going to dig up more of the Earth than we ever had in regular mining, if you're going to get out all these battery metals, it's going to be like tenfold what we've already done on the planet.
So anyone that thinks that they want an EV to save the planet better rethink it.
It's just not going to happen.
But back to your point.
We are seeing the problem with complex systems, which means that all these banks are instrictly connected to each other.
So you could have a bank in Chicago that may have energy derivatives exposure to Something in Germany.
And when it goes down, it starts taking down the Chicago Bank.
But yeah, but I'm in Chicago.
They're all inextricably connected to each other.
Now, I'm not talking about your country banks, maybe out in rural Montana, where they're loaning, you know, on land and, you know, farm equipment.
That's a different story.
But there aren't too many of those banks.
Most of the big money center banks are full of toxic waste.
Yeah.
Wow.
Now, speaking of toxic waste, let's talk about toxic debt, because there is the chief executive officer of, let's see, GNS Economics in Helsinki, Finland, a man named Tuomas Malinen, came out with some tweets today that are just really bombshell.
Let me just brief the listeners on this.
This is a mainstream finance guy.
He's coming out.
He's an associate professor of economics at the University of Helsinki.
He's coming out and saying that essentially Europe is on the brink of collapse.
Those are his actual words, on the brink of collapse of our economies.
He's urging people to have cash and firewood and food and water.
I mean, he sounds like my prepping channel all of a sudden.
And then he's saying that We're good to go.
Oh, absolutely.
And just to go from a 30,000-foot view, if you look at some of the best forecasters from the big, big picture, looking out, let's say, 20 years ago, and I give credit, I can't remember who it was, I read so much, and my memory's not perfect, but their thesis was that the final collapse on the global system, world system, will start in Germany, move to Japan, and then it's over.
And, you know, this looks pretty spot on from the way I sit and see it tonight.
And have been.
I mean, what do we hear the most about on the energy side?
We hear about Russia and Germany, Russia and Germany, Russia and Germany.
And then what do we hear on the finance side?
Japan, Japan, Japan, Japan.
Now, I'm not saying that's totally true, but it certainly fits.
And the point, again, to re-emphasize, The size is that markets can go up rapidly in the world market, but they come down much faster than they go up.
And you got to think of it as a domino falling and hitting another domino, except it's not linear.
It's not one domino hitting one more and one more and one more.
It's an exponential function.
It's one domino, one bank goes down and takes down two, and those two take down four, and those four take down eight, 16, 32, 64, 128.
And that's the biggest problem, Mike.
These are exponential situations on the downside.
The leverage is so extreme that it's not going to take much.
For this to collapse.
And we're at tenfold, as you said, in France.
I mean, a 50% move is probably enough to deleverage the system.
And now we're talking 20 times that amount.
I mean, this is insane.
And it's very, very scary.
To that point, there was another economist, and I regret who said this just the other day, but they were talking about how a couple of trillion dollars of economic output in Germany and Western Europe is dependent on just a few tens of billions of dollars in energy.
So the leverage, he said, is 100 to 1, and Western Europe has reached a Minsky moment of massive overleveraging, where the energy scarcity is now extreme.
Again, backlash, again, because of the economic sanctions put on Russia.
And by the way, I always laugh when the White House says that Russia is weaponizing energy, without mentioning the West weaponized the SWIFT system first, right?
Yeah, really.
I mean, the truth of the matter is, and I know you're a free market thinker like me, and I know you don't cut your guests off.
The real problem was we didn't keep our word, and if we had been so stupid as to cut off and weaponize the dollar, the reserves that were valid and say they're now invalid because we say so, if that had never taken place and at least could meet the debt obligations that they had the cash to do but weren't allowed to do, it would be a different scene that we're talking about tonight.
Right.
Go ahead.
Well, I'm just thinking, I think the West essentially stole about, what, $300 billion from Russia in terms of dollar deposits that were nullified, as you just said.
But the cost for that to the West is going to be trillions of dollars in the economic losses.
That's not a good deal.
Well said and very accurate.
I mean, it's probably the most significant Stupid thing that's happened in the world from any perspective, but we could say from a financial or energy perspective, that has ever taken place.
Well, let me mention this.
I always get your comments on this.
I know somebody, a family living in Kiev right now, and we were having a conversation about this.
I said, look, how are you going to stay warm this winter in Kiev?
He said, no problem.
Ukraine was never as, quote, developed as the first world cities like Berlin and Paris and so on.
So pretty much everybody in Ukraine has a family member with a Kind of a low-tech housing situation, like a farming village or hut.
And they've got, you know, wood stoves or fireplaces built into the homes.
That's where they're going to go.
They're going to go stay warm.
And I was telling him, if I were in Europe right now, I would almost rather be living in Kiev in a village, taking artillery but having heat, than living in Berlin and freezing to death.
You see what I'm saying?
Oh, yeah.
No, I agree.
I'd say you'd be far better off in Eastern Europe than Western Europe.
And, you know, he brought to mind, and I'm digressing, but, you know, going to Mongolia, which is quite an experience in all these years.
But, you know, these rural lifestyles are a lot more adapted to these kind of variables than someone sitting in a penthouse in New York City somewhere.
Yeah, exactly.
But it also seems like the people living in the cities, and certainly the, quote, leaders of Western European countries, are so isolated from reality that they think that they can just print money to pay people's electricity bills and everything's going to be okay.
But as you mentioned earlier, you can't print heat or energy or food or fertilizer or urea or ammonia for that matter.
You can't print that stuff.
Those are real things.
So, but the disconnect is so extreme, it's like European leaders are incapable of grasping reality anymore.
I agree.
They're in their own echo chamber bubble.
They are really not in touch with reality.
I mean, some are, a few of maybe the Congress critters or whatever, but the total truth is that no.
And they also believe they have power.
And in some instances, I suppose we could agree, you know, they can sign their executive orders and they can make their speeches and all that.
But at the end of the day, they don't have as much power as they think they do because people will go to a survival mode.
And when they're running out of food, water, heat, Transportation, communication, you name it.
I mean, I want to bring up a couple more points, Mike, and that is blackouts, brownouts.
I mean, what happens when this energy problem manifests, say, further on, a month or two from now, when we start to get into late fall, early winter, and these people, well, they're not going to sit there and say, oh, geez, I should stay inside and be happy.
I can get my temperature up to 50 degrees Fahrenheit.
They're going to take to the streets.
They're going to, as Gerald Salente says, when you have nothing to lose, you lose it.
And that's what's going to happen here.
And no one's really talking about that.
The article references a great one of the Twitter feeds, I should say.
But, you know, all of this, people just don't sit on their rear ends and take it.
They stand up and go out and do something about it, even if that means getting to the banks and pounding the walls with their pots and pans.
This is going to get very interesting, to put it in polite terms.
Well, I have a feeling we're going to see something of a repeat of the Canadian government's response to the Freedom Convoy truckers, basically calling all protesters terrorists, shutting off their bank accounts, shutting down their businesses.
The governments of the world now look at their people as enemies of the state, even as they're trying, at least in my opinion, they're actually trying to starve people to death.
I think a lot of this is engineered.
That's just my opinion.
But even if it's not engineered...
Going back to this economist named Malinin, he says, quote, we are essentially on the brink of another banking crisis, comma, a collapse of our industrial base, which we've confirmed, I'll talk about that, and households, and thus on the brink of the collapse of our economies.
Now, he's right.
You know, we just documented yesterday, David, all the steel plants that are shutting down.
The smelting operations, aluminum, copper, zinc, manganese, that's on top of the banking crisis that he's talking about.
And by the way, if free markets don't function in energy, doesn't that essentially mean that the governments of European countries are going to, in effect, nationalize utility companies and just take them over and then, of course, everything gets worse?
Yeah, that's the normal reaction.
They'll try to mitigate the problem by thinking they know what to do.
What politician ever, you know, ran a coal-burning plant?
Right.
They will have no clue what to do.
Absolutely none.
I want to segue into the bail-ins on what you just mentioned, because people are not aware of how much there has been, you called it orchestrated, I'll call it engineered, but at least it's outlaw.
And that is Dodd-Frank in like 2010 made bailouts illegal.
Now we have bail-ins in the United States, which means if the banks start to fail, they have the right to take what you think is your money.
But it's actually as an unsecured creditor, they will take your money and that's not going Now, if you look at Investopedia, they're going to tell you in their dissertation about bail-ins that you're safe to $250,000.
What is the protected FDIC amount?
That may be true, but I want to think about this deeper, and here's why.
They could say, okay, your $250 is protected, but it'll be an Argentina situation.
That part of your money, quote-unquote, is still in our bank, but you can only access it $2,000 per month.
And that's what took place in Argentina.
Now, one step further is the old adage, the proof's in the pudding.
Cyprus already was bailed.
They got about 5 cents on the dollar.
They did it in Spain.
They got about 5 cents on the dollar.
What happens is they take what you think is your money and then they give you a stock certificate in place of it because now as an unsecured creditor of the bank, you are now part owner of the bank.
Here's the amount of shares that you own based on what your deposit used to be.
And now you got to go to the free market and say, what's this thing worth?
Well, so far, it's been proven that it's worth about a nickel on a dollar.
So you lost like 95 cents for every dollar you had in the bank.
So the reason I want to bring this to everyone's attention is it's not just United States.
It's also in the United Kingdom and several parts of Europe.
It's already taken place.
We have proof of that.
And this is where they have another way to put more pressure on the populace.
So the only way out that I see that makes sense is Is to go to precious metals.
Take that fiat and turn it into real money.
Now, you could go to the bank and say, I want my cash, and I'm okay with that.
But try going to a bank in the U.S. I don't know Europe.
I haven't been there for two years now.
But in the U.S., if you go up to the window and you say, I want to withdraw, make up a big number like $5,000, which these days isn't that much.
They're going to make you sign up for them.
They're going to ask you why you're taking it out.
They're going to take a photograph in some cases.
And they're going to treat you like a criminal to take out, quote-unquote, your money.
They are.
Let's say you have $300,000 and you think that you're protected from $250,000.
So you're going to get it down to that amount.
You can wire $50,000 to a well-known online precious metals dealer and have that metal within probably a week.
Now, you've got something outside the banking system.
The idea is to get real wealth outside the banking system.
As you said earlier, and this is the main point of tonight's interview as far as I'm concerned, it's going to get down to preserving what you have, not how much gains you can make.
The 50-year-olds and under are all in this crypto conspiracy crap, which I want to end on if we can, and talk about where that's really going, which we've already done before, but I want to emphasize it one more time.
So none of these people at 40 years and under, I should say none.
Very few have stock accounts.
They've been crypto-ized since 2009-10.
So for the last 10, 12 years, it's like crypto, crypto, crypto.
Well, this was really a way to adapt these people into thinking the only way you can do any financial transactions is with your phone.
And this is a setup for TVDCs after the bail-ins.
Am I making sense?
I'll tell you, I'm on fire.
This is getting serious.
Well, let's talk about the bail-ins.
I want people to understand that this, what you're talking about here, David, applies to the United States and Canada, Western countries, because even though I think this crisis unfolds first in Europe, and this is why people are rushing into the dollar, out of the euro.
I mean, look at the dynamics between the dollar and the euro exchanges.
But it starts in Europe.
But when Europe fails, you know, that's America's largest trading partner.
Then America loses its exports to Europe, including energy exports, by the way, you know, LNG and so many other things that go to Europe and cross-trade.
And of course, you mentioned Japan.
Japan is a financial nightmare right now.
In many ways, it's in worse shape than 1989 and may have a bigger, longer-lasting crash than 1989, by the way.
At least that's my assessment.
And also, China has its own major, major debt problems.
It is...
The Ponzi schemes of the property developers are collapsing.
Many of the banks there are telling people you can't take your money out because we're doing software upgrades for 60 days, which is just a cover story.
But eventually America, even though America may be the last boat to go down, doesn't America take the hit as well?
Absolutely.
As we talked earlier, the banks are inextricably connected.
As I said, you get a Chicago bank that has energy derivatives with Germany, and that's a big part of their portfolio.
Zing!
It's affecting that bank.
And of course, that's pervasive throughout the major money center banks.
So you're right.
These banks are all connected.
And at least the money center top tier, too big to fail banks are all connected.
And so if one goes down, it basically all go down.
Now, you know, when it happened in 2008, that was kind of a precursor for what's happening next.
And again, this gentleman you refer to on the Twitter feeds Is right.
I can't find where he's wrong.
Could I be off slightly?
Sure.
And I hope I am.
But I know markets.
And I know once these things start to fall off the wall, Humpty Dumpty is not put back together again.
And he's teetering on there right now.
And I think he's going to be falling within the next month or two, as this gentleman outlines.
There's too many things.
Too many things wrong that you outlined at the beginning.
You can't have a tenfold increase in something as vital as energy because energy is what makes everything happen as we've discussed.
So we are in a situation where you need to prepare yesterday.
I'm not trying to play the fear card.
I'm not that kind of human.
You know me and most of my listeners know me.
But there is a time when you've got to amp up the message.
And I want to amp it up tonight with you on your channel because it's important for people to understand, to prioritize what's valuable.
And what's valuable is what they need for immediate needs, not what their wants are or what their stock's going to do or what crypto's going to do in the next couple of months or anything along those lines.
You've We've got to really assess what's happening and not be blinded to the idea that the powers that be know what the heck they're doing because they don't have a clue.
No, they don't have a clue.
I'm wondering what future historians are going to write about this when the story is that Vladimir Putin destroyed NATO by simply turning off the gas.
And then nature did the rest.
I mean, the freezing cold winter did the rest.
It's like, wow.
Yeah.
I mean, I see the destruction coming for Germany as being far worse than even World War II, which was just devastating to most German cities.
But World War II was also devastating to France and the UK and Poland and so on.
At least in World War II, people still had a way to burn some wood and create some heat.
There were still farmers who knew how to grow food, a lot of farmers.
Today, you actually have a far more vulnerable population with fewer options of resiliency.
The system has been built like this infrastructural Ponzi scheme pyramid.
Where there's no resiliency, no redundancy.
They exported all the fossil fuels, or most of them, most of the delivery to Russia and other countries and said, we're all going to be green.
And now they're all going to be, you know, starving and freezing.
It's just, it's extraordinary.
Do you have a comment on that?
If not, I've got a different question.
I'll reiterate a little bit, and that is that a lot of people say it's for real.
A lot of people hold on until the last minute because of normalcy bias.
Oh, it's going to work out.
Yeah, I know the banks look like they're going to fail, but really, they probably won't.
And they get this idea that it's going to be okay if they just hold on.
And then the reality sets in.
And then what happens?
Well, they've got a choice.
You've got to figure out how to, you know, burn all the books in your bookshelves and stay warm for a week or leave.
So what will happen is that a great majority of them will decide to migrate somewhere, anywhere.
But that's going to be how?
With energy.
I mean, you can only drive your diesel-powered automobile so far.
Maybe if diesel is in short supply, it only goes to the next, you know, few hundred miles, whatever the range is of your particular vehicle.
What about flying?
Okay, the airports are jammed and you get out.
But what I'm saying is it's going to be a mess.
It's going to be an attempt to get out.
And as the old adage goes, when there's a real fire in the theater and there's two exits, there's a lot of people that don't get out in time.
That's my analogy.
I wonder if we're going to have a mass exodus of Europeans fleeing to the Middle East and Africa, and then you've got the Middle Easterns migrating into Europe, so they can just pass each other on the way and high-five each other.
And the Europeans are like, don't go where we came from.
There's no heat and no food.
It's incredible.
Yeah.
Okay.
Let me ask you about themorganreport.com, your website.
Just give you a chance to explain to our listeners what it is that you offer at your website.
What can they sign up for?
Your newsletter and videos and so on.
Thank you, Mike.
The main site, themorganreport.com.
Just get on our free email.
You know, I'm shadow banned and have been for years.
Yes, I've still on YouTube and been warned a few times.
I may be on there a lot longer.
I don't know.
But if you're on a mailing list, I could contact you directly.
I do a lot of free information, so watch our blog.
There's usually two or three new things on there.
The mailing list, I put up stuff three, four times a week.
Sometimes I get discounts on precious metals.
Sometimes opportunities that aren't available anywhere else.
I'm not going to say that happens often, but it does happen.
And then the other part is my paid service and that's where you get to interface with me directly.
I write a monthly report and I supplement that with videos in between.
And usually we take questions from our membership and I answer I got a few really interesting ones this last couple of weeks.
I went through them all, but one of them had to do with what was Volcker really the hero that he's made out to be.
And I let people know in my membership that Volcker sold a great deal of this nation's silver at 92 cents when the official monetary price was $1.29.
So he's no hero of mine, let me tell you.
And the other fact I brought up, very few people know or think about, is that Nixon temporarily closed the gold window in August 15, 1971.
But on January 21, 1980, the dollar price of gold was $850 an ounce.
To a 100% monetary-based coverage of what a dollar is worth in gold was $400 an ounce.
So we were at double what we would need to be on a full gold coin standard.
So if anybody had any real cojones back then, we could have said, you know what, we're fixing the price of gold at $400.
We've been on this temporary gold window closed for, what would that be, nine years.
And now we're getting our financial house in order because the market has decided that we have mispriced the ratio between the amount of physical gold that we own in the treasury and what these pieces of paper are worth.
Right.
But no one ever talks about that.
It brought to the attention of my membership.
Let me ask you this, David, since time is running short here tonight, but silver right now, you know, a lot of people are a little bit depressed because silver prices are depressed.
And, you know, especially given the insanity in the world, a lot of people are wondering why isn't silver higher right now?
But again, you're talking about it being expressed in dollars, and the dollars are going up because people are fleeing Europe into the dollar as a temporary thing.
But what's your take on silver pricing, or do you have any ideas when it might turn and head upwards?
I think by the end of the year.
There's so many strong indicators, Mike, that There's a backwardation that's substantial.
The lease rates are moving up at a rather substantial relative to the latest year or so.
On top of that, silver has a propensity to get spiked lower so that the pros can get in there and take advantage of the public.
So we might see a spike low, which has nothing to do with being in basically a shortage right now based on lease rates and backwardation.
So certainly it's a good time to get in and try not to pick a bottom, but certainly if you don't have any exposure, you need it.
And we may have seen the bottom.
I don't know.
It's usually, as I said, and I'll repeat it, a propensity for the market to do what it did in March 19, excuse me, March 2020 during the COVID scare, or initiation, I should say.
And that was we got this 125 to 1 ratio, but it only stayed there for a couple of days, and then it started back up.
So watch for a spike low.
If you're smart enough to catch it, don't be scared.
Go ahead and get in or start a position.
And silver is the most essential asset there is outside of oil.
We discussed mostly oil and energy this whole interview.
Thank you, Mike.
But the next important thing is a store of energy, and a store of energy is stored in silver.
It's the most critical metal for a high-tech society that's ever existed, and it's the most undervalued asset you can own.
Even solar panels use a lot of silver, and there's a lot of silver components in the solar generators as well.
David, let me ask you to just get a little closer to your mic there.
Your voice was getting a little bit distant, but one more question to wrap this up.
About crypto, I want to make sure I give you a chance to talk about Your analysis of crypto, and I know that John Perez and you have done some really amazing interviews, the crypto conspiracy and some others.
What's your quick take on crypto right now?
Well, as John said, and I tend to agree with him more and more as I get more data and think about it, is it's a psychological operation, at least partially.
It was a ruse for people that normally have gone into hard assets to go into this false paradigm called a cryptocurrency, believing that it had some of the qualities that gold and silver have.
Anonymity, limited supply, and all these things are touted.
Turns out that that's just been a big falsehood.
And a lot of people have been captivated by the idea of cryptocurrency and decentralized finance and all the attributes that are attributed to it, again, being falsified.
And so now there's going to be a shift, as John says, when Bitcoin dies, silver flies.
There'll be that wake-up, like people trying to move out of Western Europe, people trying to move out of cryptocurrencies, and a lot of that will spill into the precious metals As quick as I could go, Mike, I did a speech at the Silver Summit.
I looked at the ratios.
And based on what John Perez said on one of his interviews, the gold to crypto ratio isn't that impressive.
In other words, the gold market is $11 trillion.
The crypto market in total is $1 trillion.
A third of that is Bitcoin.
So gold, Bitcoin can't really move that much.
Yes, it can move something.
But silver...
I mean, the amount of crypto versus the small amount of silver could have a massive effect.
So when John talked about how many people got out of Bitcoin and moved into silver, it would have an effect, there's no doubt.
Yeah, well, a lot of smart folks did do that.
They sold Bitcoin at $62,000 or close to that, and they bought silver, and they got cases and cases of 500 coins at a time.
That was the smartest thing to do, is back up the pickup truck, load up silver, and get out of crypto.
And people who did that are geniuses.
But anyway, we're out of time here, David.
But I got to thank you.
This has been extraordinary.
You've given us a lot of fantastic information.
Just want to remind people to visit your website, themorganreport.com.
Any final words there, David?
No, I just want to thank you for all that you do, Mike.
You've got a lot of energy and you've done a lot for people.
And I always think of you, how I first met you as the health ranger, and I sign off every report with wishing you health above wealth, wisdom beyond knowledge, because health is more important than any of them.
So I want people to know that I know that.
Well, that's true.
But silver helps you stay healthy because being broke and cold and not having a roof over your head is bad for your health.
So having assets is actually good for your longevity, it turns out.
But thank you, David.
I really appreciate you.
And thank you for joining me at this late hour.
We'll talk again soon.
Very good.
Thank you.
All right.
Okay, wow.
What do you say?
David Morgan is just an amazing individual.
He is amazingly well-informed, and I think he really laid it out for us tonight.
I'm recording these late at night.
That's when I do the interviews with these folks.
I think he nailed it.
I completely agree with his assessment.
And I think that David Morgan has reached the same conclusion that most of us have reached, which is that the only thing that's going to have value after this whole global cascade of bank failures, it's going to be physical stuff that's under your control, that's in your possession.
And it gets back to what I've said for years, frankly, here on the podcast.
What's real?
What has intrinsic value?
What's physical?
You know, roof over your head, land beneath your feet, physical gold and silver, ammunition, you know, vehicles, stored diesel fuel, I don't know, a chainsaw, physical stuff that matters, especially in a collapse scenario, because it seems like this collapse is going to, well, it's going to take a long time to recover.
It's going to be years before humanity pulls itself out of this.
And during that time, I don't know how many billions are going to die.
But it's going to be a lot.
Now, before I get carried away into this, let's jump into the second interview with David Dubine.
From Adapt 2030, because I want to ask David some of the same questions, his comments on what's happening in Western Europe, but David will bring in more information about food and crops, agriculture, fertilizer, ammonia production, and even farming operations, supply chains for farming equipment, all those kinds of issues, and maybe, I don't know, solar radiation cycles and things like that.
So let's jump into that interview, another can't-miss conversation on our Double David Doomsday special event here with the Situation Update podcast.
Here we go.
Let's bring in David Dubine.
All right.
Welcome, folks.
I've got another special guest for you.
Just bombshell information.
David Dubine.
His channel is called Adapt 2030, and he is also a host on BrightTown.TV every other Friday right now, 2 to 3 p.m.
Eastern, broadcasting live.
And I've come to know David Dubine as an exceptional analyst We're good to go.
And then extending from there to the rest of the world, what's actually going on.
So David, Mr.
Dubine, thank you for joining me.
It's always an honor to have you on.
Yeah, it's always fun to talk with you too, Mike, because you pull these ideas out.
And when we go around, it's like this hour disappears in five seconds, and we only think we've talked about two ideas, but we just ramble the whole time.
And everything does connect so perfectly.
It's like playing tennis with the mind of another genius.
Oh, gosh.
Well, that's quite a compliment.
But by the way, we don't even have an hour tonight.
I think we have maybe 30 minutes is what we've got.
So we're going to have to jump and just get right into it.
So let me ask you this.
Big picture.
I know you monitor all the news and you do analysis.
You look at the statistics.
You see what's happening every day.
In your opinion, let's start with Western Europe.
What are they facing for the next six months?
Just the winter of 2022 slash 23.
What are we going to see across Western Europe?
Total collapse.
Whoa.
Yeah, to the point where the things that we need out here in the rest of the world, i.e.
fertilizers...
Farm inputs and MRO, or maintenance repair operations, just basic necessities to keep our industrial societies moving forward.
Because you've got to look at Europe.
It's very high-tech there in terms of German precision, Swiss engineering.
When you start to get into these areas of what these countries are responsible for, especially for manufacturing lines, it does focus a lot into the Eurozone.
And if they're going to take 40% of the world's fertilizer off the market because of these electricity prices and gas prices, I don't know what's going to happen when we come into planting season.
It was going to be lean anyway with all of these things happening with Russia.
And then we have this to add on top.
It's going to be a full collapse.
That's why the army is going to be out on the streets there in conjunction with the police.
It all makes sense now.
Okay, so I'm going to ask you for more details about what you think that full collapse looks like, but let me share some things with our audience.
You and I both know, David, 70% collapse in ammonia production right now in Europe, and I sent you the documents last night about all the steel, the steel foundries offline, copper smelters, aluminum smelters.
Also, I mean, you've also researched this yourself.
I just shared what we found with you.
I don't mean to say that you didn't know that beforehand because you did, but we're kind of collaborating on this, right?
My research team is sending you stuff and you're sending me stuff.
But if you look at the industrial base, it's obvious to me they're not going to be able to build steel buildings.
They're not going to be able to have electrical wiring.
They're not going to have fertilizer.
They're not going to have ammonia.
They're barely going to have...
Electricity or even affordable electricity is the issue.
So even I'm asking the same question.
You say total collapse.
I've been asking, how does society function under these circumstances?
And I'm even asking the audience right now, how does Europe not collapse?
What are your thoughts, David?
Well, I've been reading just today the way they're going to nationalize all industry and put caps on all pricing.
You know, then they asked the same questions to the German finance minister and he stumbled through some half-baked answers that made him look like a kindergartner compared to the interviewer.
But what they want to do is with 27 country block, they want to take it in and control all means of production.
With a clause out on any futures contracts and any contractual agreements for supply deliveries can be null and void because of these emergency measures.
And the supply chain bottlenecks is going to be utilized a special military operation to unbottleneck these.
And at the same time, if you are a producer and you will not take part, they will fine you 300,000 euros per day.
And also an additional penalty of 1.5% of average daily turnover based on your last five years stock portfolio or stock pricing on a daily close price.
Wait a second.
Where are you seeing this?
Because that's extraordinary.
You're saying the government is going to basically have a centrally command and control economy, straight up communism, essentially.
They're going to order companies what they can produce or what they must produce, and they're going to heavily penalize them if they don't produce it.
Where is this coming from?
It's coming from the Financial Times, Russian television, and then a pickback off of Mishtalk, and then Zero Hedge was dovetailing or just following along with the Mishtalk that put this together.
The article, if you would like to look at it, it's going under so many – it's the same article being repackaged with all these different titles, and they're trying to water it down, really.
So if I were to read you the title, EU seeks emergency power with a block on other countries doing the same – You would just think, ah, okay, what is that all about?
But if you see EU seeks emergency power for supply chain crisis, you know, that just starts to, oh, what's that over there behind the mirror?
Right.
But what really gets me is, you know, my research on the ADAPT 2030 channel was we were coming into a grand solar minimum crop loss period at this moment that was forecast by many astrophysicists to start right around 2020.
And the reason I'm even looking at this type of data is because I'm looking for the excuse they were going to feed the world as to why the food production will not be there.
You can't tax the sun.
You can't tax magnetic fields.
This is just another chapter in history.
Crop losses, population migration, government overthrow, the fingerprints of the grand solar minimum.
And now we see all this happening in conjunction of the same time that what's happening of food production is being lost.
There has to be a cover story because the governments will never let you point the fingers at them and allow you to say, wait a minute, you didn't give my family 20 years of preparation time and you lied to us.
You tried to feed us as global warming when it was about natural cycles from the sun that have been cataloged every 400 years.
So I'm looking at it from that perspective when I see all of these other effects.
So...
Quite a few people across Europe are waking up to this reality.
It's become apparent to, I don't know, 70,000 people in the Czech Republic, for example, they were protesting in Prague, there have been protests in France, protests, of course, of the farmers in the Netherlands, and similar type of protests in Scotland and Ireland on a smaller scale.
But As it gets colder, and the food scarcity gets worse, and people are told to turn down their thermostats to lower and lower temperatures, to insane temperatures where you would die from hypothermia, for example.
Don't you think, David, that we're going to see mass revolts across European nations?
I do, yes.
And I believe that's part of the collapse phase too.
I was reading something about Germany today where the German military is going to be working with the police in conjunction on the streets, fully armed, automatic weapons on the streets.
That's just going to be to control the citizenry that's angry and hungry.
And you look at every chapter in history, when do things change governmentally?
When people are hungry and they're cold and the economy has crashed.
This is no different.
We're living back in the 1700s again.
We're just repeating the same chapter once again.
In Switzerland, consider jailing anybody.
19 degrees Celsius, which is about, what, 67, would you say?
66.5 degrees Fahrenheit.
Somewhere around there.
If they can catch you, even though you don't have a smart meter on some of the Swiss water heaters or radiators in the homes...
If they heat rooms above 19 Celsius, you can get up to three years in jail.
And I'm going, what?
Really, has it come to this in Switzerland?
What kind of show is this?
No, that's real.
I mean, people listening, thinking that you're making that up or that it's just a proposal.
No, that's a law.
If they come into your home, even if you inadvertently have temperatures higher than that, even though your thermostat is set at 19 Celsius, but if for whatever reason you have excess heat, you can be fined essentially hundreds of thousands of dollars for accidentally having too much heat in your home.
Maybe you were cooking or something.
I mean, Western Europe is being turned into a dystopian, collapsed climate police state, essentially.
But I don't know how the EU survives this.
I don't know how the euro currency survives this.
And I also don't know how NATO survives this, frankly.
How is NATO supposed to beat Russia in this war when all the people of Western Europe are starving and freezing to death?
There's a question for you.
Well, perhaps that's the plan of capitulation, complete and total, so central bank digital currencies could be ushered in without a single person saying no.
Because at that point, you would almost take anything to try to get out of the situation.
And those with families who would be even more attuned to, yes, please bring it in.
My starving children would love to have a digital wallet so we can go and get our digital rationing card and go to the store and get our one pound of butter for the week.
Government, thank you very much.
Yes, we'll take two.
There really is a method behind the madness here.
It can't just happen because, all right, you need to explain away global food shortages because of changing magnetic fields.
That's one set of.
But at the same time, to bring in a new currency scheme that can be tracked, traced, monitored.
And I heard, I was talking to my friend over in Cyprus who's feeding me some information, and ear to the ground, can't be confirmed yet, but give it about two to three days if this is true or not.
The $1.5 trillion that was needed for margin cover calls that Norway was speaking about earlier today and then they had emergency meetings in Germany to try to get an additional $6 trillion to cover margin calls.
So I was asking him, where is this money coming from?
And he said, hearsay is the international monetary fund that controls different resources from countries is going to digitize that or turn it into some sort of stable asset.
It's not going to be a currency to be traded.
It's going to be repackaged as a settlement instrument, a debt settlement instrument.
So let's say they own the forest or a fishery or mineral rights or something in an African nation.
They're going to assign a dollar value to that and then pledge that.
As some sort of capital or debt instrument settlement for those margin calls in Europe.
I think it'll be SDRs, like commodities-backed SDRs.
Yeah, something like that.
I just don't have enough information, but that's what he was talking about earlier today.
And it's like, wow, what does the IMF really control around the world in terms of natural resources?
Well, that also explains why the Western nations have for decades been trying to capture control over all the world's natural resources.
You know, you think about John Perkins and confessions of an economic hitman.
What was that all about?
Even threatening Russia.
Why was NATO moving eastward?
because they needed to occupy and control the resources of Ukraine and Crimea, Donbass region, and then ultimately Russia.
And they thought they could put Putin under their thumb and then seize essentially one third of the world's natural resources, which are located in Russia.
And Putin said, no, we're not going to sign up for that plan.
And here we are.
But I think what you heard there, David, from your source there in Cyprus is right on.
So in other words, they're creating more debt instruments and they're basing it on commodities that may or may not have intrinsic value because that value is not yet realized.
And it won't be realized if the economy is collapsing because global demand will also collapse in that scenario.
Who's going to need wood when no one has any money to build a house?
You know, who's going to need the minerals or the steel when the economy is collapsed and everybody's broke?
There's the question.
Yeah, speaking of the steel, you know, before we had the interview here, we're talking about repairing combines and farm machinery.
I have a little combine fact for everybody out there.
Like food is the most important thing.
And we could talk about economy all day long, but if the food does not get harvested or planted because they don't have the fertilizers, the herbicides, the machines aren't running, whatever the tillers are broken, the discs are broken, they can't get them fixed.
They can't get them welded.
I have a combine fact here.
Every nine seconds a combine is moving through a wheat field, it picks enough wheat for 70 loaves of bread.
Now put that back in perspective, but we need to go back to horsepower, like the Amish do, or we need to go back to human threshing power where we're using a scythe to go through the fields.
And, you know, this, what they're talking about, wartime powers act without a war in Europe to control all...
Manufacturing and all mechanized, they're going to control everything.
You have to sell it to them.
If you have something in the warehouse as a base commodity, you have to allow it out as sort of an IOU, which will be repaid because they need that supply chain.
They're literally coming in to steal what has been stockpiled and try to smooth it out to try to bring something back.
to take the human resources and put everybody out into the fields with scythes to go through and harvest the wheat fields of the Ukraine, for example.
We're talking global starvation at that point.
Without the modern inputs to keep just the farm machinery up and running with repair operations, maintenance on those things, repair parts, we are in some serious trouble.
Not having enough zinc or aluminum or nickel, okay, big deal.
Not having enough wheat or corn, way big deal.
That is the planet gets reset, not enough food.
You make a critical point there.
In fact, there was breaking news in the last 24 hours.
The military's F-35 fighter jets have been put on hold because they're lacking a key rare earth element that they were getting from China that goes into the magnets of some of the motors in the F-35.
So they can't deliver fighter jets because of one mineral.
I don't know which one it was from China.
But you're making probably an even more important point.
How do you farm without steel?
Because, you know, I own tractors, and I own tillers.
And those tines on the tillers, those things break all the time.
You got to replace them.
You got to replace all kinds of stuff.
I mean, it's a giant moving machine, and stuff breaks.
And...
If you don't have the steel or you don't have the parts or the supply chain or the ability to repair things, you're out of business.
I mean, you can't farm, period.
No one's going to go out there with donkeys.
I mean, I have donkeys.
Believe me, they're not going to pull a plow.
They're going to run away if I try to put a plow on them.
They're not going to work.
They're welfare donkeys.
But no one's going to get the job done unless it's automated.
Yeah, you can yoke up only so many horses because the Amish farm Mennonites are right near us and they have some giant workhorses, but they only have a few.
And they rotate those horses around the farms and the families that have the actual workhorses is something different than the horses that are pulling the wagons or the ones that they ride.
Right.
Very different animals, and there's just a few of them, and they are gargantuan.
I mean, they're the size of Clydesdales, but even bigger, and they are just, when you say horsepower and you're standing next to one of those things that's towering above you at seven plus feet, you're like, wow, that is a massive animal.
There's only so many of those around, and you certainly can't do 100,000 acres with animals.
Not a possibility.
No, you can't.
And with the shutdown of steel and minerals and ammonia, you're also seeing the shutdown of a lot of the things, for example, diesel engine oil production or additives that go into transportation.
It makes you wonder, how long can the refineries stay online?
Or how long can the ships that carry oil across the seas...
How long can those ships function?
Because those run on diesel, for the most part, or like low-grade diesel, and they have moving parts, and those parts have to be replaced.
And where are those parts coming from?
I mean, if they're coming out of Europe, then you're not going to get them.
Yeah, and with the thing with the nationalization of all production, I'm wondering what the top five things you might think that would be nationalized first as priorities to keep running, that they would pull from other warehouses with some sort of IOU program that will be paid back in the that they would pull from other warehouses with some sort of IOU program that I don't know how they're going to work it.
If I have copper, you're legally allowed to come in and raid my warehouse to take it over to another manufacturer to make sure that they keep manufacturing widgets or whatever they are to take that ingot and turn it into rod for another process.
So, you know, I'm still trying to narrow this down.
What are the top five things that you think might be on that bucket list?
Because if you can narrow that down into where all the government programs are going to be focused on those top five or top ten, then you could see what parts of society will continue to function and then which parts would be really just cut off like you would cut an umbilical cord.
Well, I'm really glad you brought that up, because I think you have to think back to World War II once again.
And by the way, I've got another question for you that's related to this I've got to get to in a second.
If you go back to World War II, to build tanks, you have to have steel.
To have steel, you have to have iron ore.
To have iron ore, you have to have mining operations.
To have mining operations, you have to have rubber and diesel.
And if you have diesel, you have to have diesel refineries, raw oil.
To have oil, you've got to have oil drilling rigs.
To have oil drilling rigs, you've got to have people who know how to use oil drilling rigs, and so on and so forth.
It is this highly complex supply chain, and you can lose a war because of a lack of rubber.
Or in the case of F-35s, a lack of one rare mineral that we don't even know what the name of it is, but it's on the table of elements and we don't have enough.
And there are so many multiple points of failure, of systemic failure, that Europe is committing economic suicide just begging for lightning to strike any one of those points and bring the whole system down, it seems to me.
Yeah, it does, because I have a list here on Europe's heaviest reliance on gas, and this would be fossil fuel, you know, natural gas, oil, and coal.
I'll just leave it with natural gas and oil.
So if we're going to start at the top, Belarus has the highest exposure to reliance on gas and gas-derived products.
I'll just leave it as natural gas and oil.
And then Italy is next on that list.
And Italy is using candles now to light up restaurants, supermarkets, government offices, if they're still open after dark.
Italy has gone to full candles now because they can't afford the five to eight times increase in price.
But I'm wondering in turn, like, when are they going to run out of candles?
Because a lot of it's paraffin candles.
And that's a fossil fuel based product, too.
So you need factories to run to even create the candles.
Yeah.
Which are under the same duress of high electricity prices.
And then we got the UK, Hungary, Netherlands, Lithuania, Ireland, Romania, Croatia to finish out that top 10 list there.
Oh, Latvia, sorry.
So these are the countries that are going to get hit first here, that top list.
Yeah, right.
And then as they implode, they're going to pull down the rest of Europe with them because many of those countries are members, you know, they're part of the EU or tied to the EU economy in terms of trade.
So then you're going to have industrial collapse or...
voluntary shutdowns due to lack of demand.
But let me read you this tweet, because there's a man named Tuomas Malinen.
He's the CEO of GNS Economics in Finland.
He's kind of a mainstream economics guy, and he put out a series of tweets in the last 12 hours that are just mind-blowing.
I was asking David Morgan about this earlier.
Let me ask your opinion, David.
This man, he's a PhD economics, mainstream finance guy.
He says, quote, I'm telling you people that the situation in Europe is much worse than many understand We are essentially on the brink of another banking crisis, a collapse of our industrial base and households, and thus on the brink of the collapse of our economies.
And he says we only have weeks, maybe months, remaining before, quote, mayhem across Europe.
I mean, and that's a mainstream finance guy saying that.
What does that mean?
How would you interpret what he's saying?
The collapse is here.
Brace for impact.
I mean, I'm looking at some things already here.
Christmas is canceled.
You know, they're not even going to sell the display lights and all city councils need to avoid decorating trees and all these things.
They're already trying to cancel Christmas at this point.
So if you're going down that road and we're already canceling Christmas and any displays of Christmas, people are trying to go by candlelight.
Almost six out of ten businesses in the UK are going to close, and that includes Ireland and all around.
And then we have these major disruptions here.
And then throw that, what's the cherry on top happening in America on the 15th and 16th?
The rail strike and the UPS fleet grounding completely.
But the U.S. Postal Service utilizes the UPS aircraft and the entire fleet is going to ground because they've gone through there.
I guess it's an arbitration cool-off period.
Both of those are going to exceed and they have still voted at 90% or so for the rails to go on strike.
That's all happening here in the United States, too.
So we're about to get our cup come up and says they would say in the UK, because we're going to get a bunch of nastiness handed our way to have supply chain bottlenecks and lockups.
But you see how it's all happening in tandem completely across the world at the same time.
Yeah, yeah, I do.
This is definitely a plan, in my opinion.
So when he says collapse, it's a plan collapse.
Because, you know, Mike, if you and I were going to collapse the economy, we could almost also think of some of the same gears and levers.
If we had ultimate power, you just described it.
Turn off the oil.
Turn off the rubber.
All the electricity gets turned off.
No more steel.
No more copper.
Just turn it all off.
And then we would watch everything collapse.
So who has that ultimate power to do that?
Right, right.
Well, in the EU, it's the bureaucrats in Brussels, and it's the national leaders there, and it's the globalists.
But this guy, this economist that I was mentioning, Mr.
Malinan, he even says in his tweets, take precautionary measures, stock up on cash, food, water, and wood if you have a stove and other necessities.
So we have a mainstream finance guy talking like a prepper, like I am.
And we've never seen this before from finance people.
They would never say, oh, you need to stockpile cash and stockpile wood.
They would always say, well, the markets are going to work it out and these derivatives are going to assess risk and these players are going to come in and it's all going to work out.
Everything's fine.
Not anymore.
It's unreal.
Tear you with the wood, you CO2 emitter.
You know, because they were trying to demonize wood and close all wood fireplaces across the EU. If you had a wood fireplace, you're supposed to brick it up or something.
Another brick in the wall, going to tear that one down.
But Mike, let me ask you a question about, you just mentioned cash.
So in a financial crisis, how long do you think that actual paper fiat notes would be good for before the realization that, uh-oh, they're not going to be worth anything before, you know, Weimar Republic moment of realization?
So really, when the finance crisis hits, they lock the banks, no more ATMs and whatnot.
You're running through that scenario.
So what do you think that the paper money value would be good for?
And you could get arbitrage on that if you actually had paper money and small denomination notes as you went in to buy something?
Or how long do you think that whole value chain of paper would exist before everybody says, uh-uh, I don't want any more paper, silver only?
Well, I think it depends on how quickly the hyperinflation is becoming obvious to the people.
So you make a good point.
Paper money could be worthless in 30 days.
And I think immediately you're going to start to see people using silver coins, junk silver, trading in silver jewelry, things like that, or other things, you know, bartering ammunition, for example, or maybe even some gold coins showing up.
But I think in this collapse that we are looking at, People start getting away from fiat currency pretty quickly because the currency is going to be increasingly worthless.
And you know, David, the only answer that these governments know to any of this is just to print more money.
So they're going to spiral the hyperinflation into Weimar territory, both in Europe and then eventually in the United States and probably in Japan as well.
Anybody left holding currency is going to be starving to death.
And that's one thing I was going to bring up in the next studio visit there.
It's a little woo-woo on the topic, but the way I was looking at it, in North Africa, you know, Gaddafi had done a really good job in turning his deserts into variable food and milk and honey forests and croplands again.
He was tapping the Nubian sandstone aquifer.
And again, the above-ground rainfall has been increasing.
So if you look at North Africa from Tunisia to Egypt, they've been having record crop production just from the above-ground rainfall increasing.
But then when you get off the coastal areas and you get down into the bottom quarters there, they were pulling water from the massive aquifer that had thousands and thousands of cubic kilometers of water resource under there, continuously replenishing from the Mediterranean as that filtered throughout hundreds continuously replenishing from the Mediterranean as that filtered throughout hundreds of miles off the coast areas.
But I was saying that they're going to set up a new crop growing zone there.
As this one starts to go offline with the 45 degrees north latitude as it gets cooler and we're seeing in the southern hemisphere with this volcanic winter, they're going to have to find a new area on the planet to set up a new crop zone.
And this would be a new way to start the world economy as well.
Because if you went into a new crop growing area, you would need all the infrastructure, you need all the labor, you'd need all the machines, all the parts, you need everything again to set up in that new zone that has never been utilized or touched before.
So if you're looking at a mechanism to start, you know, a new kind of plan, if you will, for a global plan to bring the economy off its knees and then start it again.
Well, then we have to add in colonialism where everybody that would have seen that in an inbound fashion would have been, uh-uh, we've seen you do that for 400 years.
You're not coming back.
No, you're not welcome here.
But since you're speaking of death in the winter, those 10 million men of fighting age have been lured up into Europe during this cold time.
So for me, you know, looking at that World Economic Forum and a couple of these plans from other, you know, Club of Rome, et cetera, and the depopulation that they envisioned to try to bring us back to some sort of equilibrium.
Those men, those 10 million men would be the guerrilla force that would have stopped Western powers from setting up the new grow zone in Northern Africa.
But now they're all up there in Europe.
But at the same time, it's like two birds, one stone.
They removed the guerrilla force, guerrilla fighting army that would be in place because you're not going to come down and set up a grow zone and steal our food growing land and then keep us impoverished.
They're gone.
But they're up in the kill zone also because you meant that you just, you know, I'm very, I'm so shocked that this is allowed and continued allowed to happen.
I'm wondering when the populace will wake up and realize that they are going into a kill zone winter now.
You know, you put these pieces together and you're like, oh, that was nefarious right there.
Like, hmm.
Well, absolutely.
And you bring up or you remind me of a really important point that North America is going to have to have a kind of a Russia style event to shut down the energy supply to North America.
Now, you know, you mentioned aquifers.
So what a lot of people don't realize is that most of the crop production in the United States depends on aquifers, which depends on affordable electricity to pump the water out of the aquifers.
So if you make energy scarce or 10 times more expensive, which is what they've already done in Europe, then you make it unaffordable to pump water out of the ground.
The aquifers become useless for agriculture and your agricultural production in California, even across the breadbasket areas, you know, the Ogallala water aquifer underneath what Colorado, Oklahoma, Kansas, parts of Texas, northern Texas, and so on.
All of that farmland becomes useless.
You combine that with the weather weapon systems that I interviewed Dane Wigington about, the western half of the United States is being just targeted with weaponization systems to create a long-term drought.
Then you end up with a total food collapse in the United States.
I think that's coming.
I think they're going to come up with a way to shut down energy in America.
And by the way, I think that's going to be a cyber war attack.
That's just my assessment.
Does any of that resonate with what you're finding?
Thank you.
Yeah, it does.
And they're going to try to take every way means that you can produce power because we've been working on some micro hydro here with gravitational vortex power based on Schauberger principles.
All you need is, you know, five feet to six feet of drop off of any stream.
And you could get a round pipe that you see in, not irrigation, but drainage projects along the road where you see those round concrete pipes.
And you force the water in there and it circles around and then it drops out the bottom just like you do when you have a bath and you pull the bath plug and then it does that circle at the bottom there.
It creates that whirlpool, that funnel.
Well, you can create something.
If you have a five-foot diameter pipe, you can create that same spinning effect, and then you just put a rotor in the center of it.
And as long as you have one to one and a half cubic meters of flow per second through there, then you can generate an enormous amount of power.
And you can step those down, too.
It's not like a dam where there's an interference pattern.
It just goes through, it spins, and it comes out the bottom, and it continues down its way.
But any of those type of devices that are going to be brought up, where if we could have two of them on my property stepping down a hillside, what if we could have 50 stepping down hillsides, where they're going to come in and deem that illegal, and they're going to try to stop all independent power production on the home level.
Now, I don't know where solar panels are going to sit in there, but these home-made designs using others' principles on creating power, whether it be magnetic motors or small microhydro, they're going to definitely be putting some sort of regulation on that where this is going to be a full-on Yeah,
and by the way, if anybody could figure out how to tax the sun, it would be the British.
They're experts at taxing everything in sight.
But, you know, think about these electric vehicles.
You have to swap out the lithium batteries about every, let's say, five years or so, depending on usage.
So the maximum duration that you can even have transportation with an electric vehicle is that five-year block of time.
And then they've got you.
They can just limit the availability of lithium.
Which is very easy to block.
I guess block it from being imported if they want to.
And then what do you do?
Nothing.
You've got a Fred Flintstone mobile.
You've got to cut out the floor and waddle your feet along the road.
That's the only way you're going to be able to move.
You might as well just get a bicycle at that point or a horse.
They've got total control over you with an EV. Well, at least if Flintstones had Brontosaurus burgers, I mean, they're not even going to give us that benefit.
We're going to get like a stone wheel and nothing, not even a Brontosaurus burger included.
I am very upset.
Yeah, yeah, I know.
It's going to be a very, very pathetic situation.
Not anything like the future that we were promised in the cartoon world like George Jetson.
Where you could sit around, do nothing, and press a button, and that was your job.
I mean, maybe that is somebody's job right now, but that's coming to an end because that doesn't produce anything.
The fictional economic creation of the West and derivatives and all these financial instruments are just vaporware.
They don't exist.
They don't create food or minerals or steel or anything that actually matters in the real world.
I keep bringing it back to this.
We've come to the end of the cycle of what the sun can provide in stable planting, growing, harvesting dates.
This is being thrown out because the cloud cells and the jet streams are moving into new positions.
There's increased cosmic radiation, which is creating a new cloud band within even those mechanisms from around 18,000 to 23,000 feet.
So now we have a different amount of clouds and These are all bunching in on themselves.
And that's where we're getting a lot of these thousand-year storms.
And I know Dane would give a different explanation in terms of geoengineering for why that's happening.
But I've also seen what Dane's talking about with geoengineering references cosmic radiation management because that nanoparticulate, depending on what metal it is, when a cosmic ray hits that nanoparticulate, it nullifies the charge and it cannot become a muon and then a cloud-building particle from that point.
So is it really cosmic radiation management as a dual-purposed Program here with, you know, being able to do with what they do with the weather at the same time and move precipitation patterns around.
But the study I've done is we are at the end of the stable growing that we have enjoyed for hundreds, plural, of years.
That we're back at the point now.
The population's too high and there's not any way that we can continue the food production in the current.
I'm just going to say the current way we do it.
And it just seems like Whoever's in power at the moment is like a petri dish that just gets wiped clean, and you're familiar with that, sterilize it, and start over with a new batch.
But keep a little tiny culture of the same elite with the same monetary system.
That's the new culture to put it in the new petri dish to start over again.
And it seems like this happens about every 400 years.
So you're talking about a wipeout?
I think we're back on it again.
We're just at the end of a cycle once more.
Well, the end of civilization as we understand it.
As we've been told through history what it was.
Right.
And then you have to wonder, do they then rewrite history and have a new, like, backdated history to tell the new children of the surviving elite that might be only 500,000 people, and then they grow up with this whole new history they've been told, and how they're conquering the new world for centuries, and then the whole thing repeats again.
Too much population, mass genocide, planetary scale, near extinction, depopulation, and then another new fake history.
Maybe this thing's been going on for, I don't know, tens of thousands of years.
If not hundreds of thousands.
Yeah.
And then you start to find these missing bits of history and these maps pop up and then you can go into a whole, go cascade down that direction, which I don't think we have time for.
But I'm with you on that train of thought of really what is the history that we know.
Because after this reset occurs, anything can be rewritten because almost every record we have is a digitized record.
We quit printing things.
Out of all the material being created today, what do you think the percentage is of digitized format material compared to an actual printed book that is in existence?
One to ten million at the moment?
Something like that?
You know, that's a really good point.
And one other thought, and then we've got to wrap this up.
I'm a little bit over time, but thank you for staying.
It seems to me that these Western nations are so steeped in debt that they need to destroy their own financial systems in order to declare force majeure, to clear out all the debt and proclaim that it's not their fault.
In other words, they've reached the point where their only solution is self-destruction.
The system can't be sustained any longer.
But they don't want to take the blame.
So they have to destroy it all.
Well, I'm going to sleep really well tonight with that conversation.
Thanks so much, Mike.
No, I'm kind of waiting for your comment on that.
Force majeure on the corn calling.
I'm still calling force majeure on the corn for the September delivery coming up at the CBOT. Because if the rail is going on strike, They're going to be able to call force majeure going, oh no, we can't deliver your contracts because as it stands still and it has not budged, this is the largest amount of contract holders in the history of physical trading that want physical delivery.
You know, most of the time they cash settle, but this time they're like, uh-uh.
They know something we don't because everybody's out there with their hands out going, we're standing for delivery.
I want my physical corn.
Well, you're not kidding.
And also, remember, the wealthy elite are demanding their physical gold and silver on those contracts as well.
So, you know, the COMEX exchange, so many people are taking physical delivery now.
And the London Metals Exchange is being just drained of its actual physical silver and gold deposits because the wealthy elite know what's up.
So what you're just describing in corn is also happening in the world of metals.
Everybody who has any information about this or who has any money is demanding physical delivery of everything, commodities, food, coins, metals, everything that you can imagine.
Because the whole world is about to break down the whole financialization of the world, let's say.
The fictional constructs are about to vanish.
And all that you're going to be left with is what you have physically under your possession and control.
And that's it.
The world's under liquidation.
That's a good way to put it.
Yeah.
It's like a liquidation sale that nobody heard about until it's too late.
By the time you show up, everything's already gone.
Yeah.
Get to the garage sale and you got nothing left.
We're packing up.
No.
Yeah, pretty much.
Okay.
So before we let you go here, tell people about your channel and how people can follow you and what they're going to learn from following you, please.
Well, I really try to tie these historical cycles into what we're seeing in the present day.
Because I do believe our future, truly, if you talk about crystal balls, if you believe in such things, it's a history book.
It's what has happened prior.
Now, it's not going to be the exact same thing, but you can see triggers for it and you can start to see overlays and then you start...
You know, mapping those up and you see the same three things.
You get the population migration and they've stopped that on a dime with COVID. You see the destruction of the economy and some sort of reset after.
And you also see the structure of government change.
Every one of these grand solar minimums.
So I try to tie historical cycles going back 2,400 years into what we're seeing in the modern day.
And you can find me, the Adapt 2030 channel over on Brighteon, which I have my regular channel there.
I'm up on Rumble, up on BitChute and on YouTube as well.
And I'm still working on the podcast, but I have a working farm here too.
Today we spent seven hours setting up a new chicken coop because we just got eight more chicks yesterday, so we're trying to expand out to get our egg production.
So I spent a good seven hours moving coops around and trying to get different roosts and nesting boxes all set up.
So between doing my video production and working on a farm, they're full days.
But I do try to really give some forward-looking...
Information as to how you can protect your families and what are some simple things we can do to protect ourselves and get our communities ready for these changes.
Yep, yep.
And I know exactly what you're talking about because I raise chickens for their eggs.
And when you do that, you learn very quickly that you're raising the world's most expensive eggs in terms of the time and resources that go into them.
It's so easy to go to the grocery store and buy a dozen eggs for whatever it costs these days, six or seven bucks.
But to raise a dozen eggs...
It takes effort and time and a lot of lag time because if you just bought chicks, they're not going to lay eggs for nine more months or whatever it is on that breed or at least seven or eight months.
And you're going to have to feed them that entire time and get nothing in return, as you know.
So you've got to invest in the chicks.
And then they can get eaten by raccoons right before they start laying, too.
So you know what I'm talking about.
Yeah, unfortunately, one of our guinea hens, you know, we got guinea fowl and, you know, good for eating the ticks and all the bugs and, you know, different red bugs and chiggers and all kind of stuff that'll bite you and maybe, you know, get you a little bit of antihistamine on the edge there.
You might get overdosed on the histamines, especially when you get overbitten by insects and things.
You definitely don't want that in the situation we're moving into.
And trying to think about pioneering medicine and, you know, what can you use in terms of prevention that could also provide food for you?
But it is trying, like one of them's sick right now, and we're trying to nurse a guinea back.
You know, it's my first time to try to nurse an injured bird back to health again.
That is rough.
But it's enjoyable, though, to get your first egg.
Like, we got our first guinea eggs a couple weeks ago, and that was very enjoyable to see the first ones.
Like, whoa, that's magic.
I can't believe I'm holding that in my hand.
And they're not even that big.
And those birds are loud, too, man.
They make a racket.
Right?
I mean, is that what you're experiencing, too?
Yeah, they are, but we find that if anything's out of place, if there is another dog coming around, or if there's a car coming up the driveway, or if there's a plane coming over or something, they start making a lot of noise.
They're almost like guard chickens.
They're pretty interesting.
I completely agree.
Once they fall into a pattern, anything that changes, they're going to sound off about it for sure.
Well, okay, David.
This is the way you're going to need to live, though.
You know, the way Mike and I are talking, you know, getting your own water sources, getting your chickens, trying to, you know, prepare your own foods, hunt some, raise rabbits, whatever it is.
And this is the way we're going back to for a significant period of time.
This is not a five-minute fix and we're back to McDonald's or if you even eat that garbage.
That's not coming back really in five minutes or even five months.
We're talking multiple years into the future before anything stabilizes from this point.
Yeah, good point.
Good point.
So total collapse of Europe years before the situation stabilizes.
Folks, I hope you got the message.
This is real.
This is not a drill.
And I feel very sorry for those who are unprepared and uninformed because, frankly, billions are going to die.
Billions of human beings are going to die before we get through this on the other side.
So...
Thank you, David, for joining me.
We're trying to warn everybody and hope that people can, you know, heed the warning and get prepared and avoid being a victim of this.
But, you know, we can only reach so many people.
But nevertheless, thank you for your time tonight.
It's much appreciated, David.
Okay, wow.
He was telling me he's not going to be able to sleep.
After that interview, I'm not sure that I'm going to be able to sleep.
This is one of the downsides of me doing these interviews late at night is then I can't sleep.
Because I'm thinking about all the stuff that these people are sharing with me, and I'm getting even more freaked out than I would have been if I just did the podcast by myself.
Because if I do the podcast by myself, it's stuff that I already knew.
But I interview people like David Dubin, and he's telling me stuff I didn't know, and it's freaking me out.
So that's what happened with Dane Wigington, too.
Dane, Dane, I'm lacking sleep because of you, Dane, still to this day, man.
Sleepless nights, thanks to Dane Wigington.
But, no, he's a great guy.
I'm joking about it, but kind of not, because it's a little bit of frightening information.
But look at what David Dubine is saying here.
Total collapse of Western Europe.
And I can't argue with that.
I don't know how...
I mean, how can you pick that apart and say he's wrong?
I mean, how can you say, oh no, everybody's going to be fine when it's illegal to boil water in Switzerland and you go to jail if you boil a bowl of water to make soup?
You're probably going to make it illegal to scramble eggs or something, too.
But how can you argue that everything's going to be fine when there's no energy coming through the pipeline anymore with Nord Stream?
How can you say everything's going to be fine when they've shut down most of fertilizer production, ammonia, steel plants, aluminum, copper, most industry when electricity prices are a thousand percent higher than what they used to be just like a year ago or a little over a year ago?
How can you say everything's going to be okay when half the industry is shutting down?
When the mass bankruptcies are going to just cascade like a tidal wave across all of Western Europe, who's going to be able to afford to stay in business when they're paying 800 to even 1200% higher electricity prices?
I mean, as David said, the burning candles to light the cafes and government offices in, was it Italy that he said?
Burning candles?
Like, talk about a blast from the past.
Are we in the 15th century again?
Or 16th century?
How far back are we going to go back in time here?
How many candles are there remaining in Italy?
Where are they going to get the paraffin wax to keep making candles when they run out of these candles?
You know, you get the idea.
Are they going to start burning, like, whale blubber lamps or something?
Whale oil soon?
Is that where this is headed?
Or is it going to be like Soylent Green people oil?
Are they just going to start taking the people that die from exposure, like squeezing the oil out of them to power the lamps so they can have lights in the government buildings?
Yeah, what is that lamp running on?
Oh, it's running on the people.
It's a socialism country.
The people are represented in the light of the lamp in the government buildings.
Are we going to get some kind of propaganda like that?
I know it's pretty gruesome.
But then the question becomes cannibalism, does it not?
What are people going to eat except maybe each other?
You're going to have cannibalism by February of 2023.
You're going to have Europeans eating Europeans.
And the insane thing about this is that they did it to themselves.
They weaponized the dollar.
They weaponized the SWIFT system.
They shut off Russia economically, which didn't even happen in World War II, by the way.
In World War II, you could still engage in financial instrument trading with partners.
I mean, who do you think funded the Nazis, folks?
It was J.P. Morgan.
I mean, the financial system still worked great.
The same banks that are alive and functioning today, and look up the Bush family ancestors and their involvement in Nazi Germany, folks.
A lot of the deep state leaders in America right now invested in Nazi Germany.
They propped it up because the financial system was working.
But today they shut it down to try to punish Russia.
And what happens?
Western Europe collapses.
You talk about the ultimate boomerang effect.
Or is it suicide or did they know this was going to happen and they did it on purpose?
I don't know.
You tell me.
Which one of those do you think is more likely?
But the bigger takeaway from this is that we, in America, we are not insulated from this.
If Western Europe collapses, if the euro collapses, the dollar won't be far behind.
America won't be far behind.
Yeah, I mean, America will be the last ship to go down, perhaps, but all the ships are going down of Western civilization countries because they're all based on debt.
Way too much debt.
Massive money printing to the very end.
I mean, think about the ties, the financial ties between New York and London.
Just think about the east coast of the United States.
Think about the city of London, the sovereign entity of the city of London.
Think about the Vatican.
Think about what happens to international banking.
This is what David Morgan was talking about.
When banks fail, In the UK, banks fail.
In Switzerland, banks fail in Germany.
And yet, there's exposure to all of that among US banks.
So, the big US banks and hedge funds and financial institutions, they, you know, Europe goes down, and it's, quote, too big to fail, but also too big to bail.
Nobody can bail it out because the governments collapse.
And so then all the exposure from Western banks in New York, let's say, those banks crater because there's no bailout for them either.
So they end up in hundreds of billions, if not trillions of dollars worth of debt, massive insolvency.
And who bails them out?
What, does the Fed just print trillions of new dollars again?
How long does that game continue until the world loses faith in the dollar?
Well, the world is already losing faith in the dollar.
This is all it's going to take for Saudi Arabia to say we denounce the dollar as the world reserve currency.
You know, the petrodollar.
This is all it's going to take for Russia, China, BRICS nations, you know, India as well, to just say, hey, looks like it's over for Western civilization.
They committed economic and cultural suicide, by the way.
And now the future is ours.
And then, boom, Russia rolls out commodities-backed, international transaction system.
China rolls out something gold-backed, which actually they already have.
India signs up.
Saudi Arabia signs up.
African nations start signing up.
Middle Eastern nations sign up.
South America signs up.
And then you end up with a global embargo against, effectively, against the United States, Canada, all of Western Europe, and that those nations collapse into total poverty, despair, civil unrest, government collapse, economic collapse, mass starvation, just chaos and violence everywhere, while the rest of the world...
It makes it through because they've got the commodities and they didn't commit economic suicide.
That is the way this looks like it's going to play out.
And I think that David Dubine is correct that this is going to take many years for any kind of recovery to take place.
And even if that recovery is successful, the United States of America, number one, will not be united.
There won't be a United States of America and it will not have the power it once had.
It will be a broken up or broken down system of independent nation states like the Republic of Texas, let's say.
A bunch of nation states with a bunch of nuclear weapons and different policies and different currencies.
It's just what I said before, that Donald J. Trump will be the last real president of the United States of America.
I made that prediction years ago.
Joe Biden doesn't count because he's not the president.
He was not elected.
He's been an imposter from day one.
Donald J. Trump will be the last president of the United States of America because we probably don't get to the elections in 2024 or a new swearing-in in early 2025.
And if by some miracle we do, I don't think we make it through that year.
I don't see how this system continues through the end of 2025 without something breaking.
In fact, I'm not even sure how we continue for the next 12 months, much less a few years.
But you tell me, do you see signs of everything's going to work itself out?
What, are the White Hats going to come along and solve all the problems and save everything?
You know, I mean, as much as I'd love to have some sense of optimism, I've got to say, one of the core elements of the so-called White Hat plan doesn't make any sense to me.
Part of their plan is that, oh, all the bad things that are happening is because the public had to see it so that they would wake up.
And I've come to the conclusion the public's never going to wake up.
It doesn't matter how bad the events get.
They're never going to see it.
Some of them are so gone, so brainwashed, so indoctrinated.
They're never going to come to their senses.
So it doesn't matter how much more you show them.
And I don't agree with the interpretation that every time something bad happens, that, oh, it's actually good because you're supposed to see how bad it was.
Therefore, it's part of the plan.
You know, I'm sorry.
Sometimes it's just bad things happening.
Taking place because bad people do bad things, and that's it.
Sometimes, you know, it's Occam's razor, the simplest explanation.
It's just horrible people doing horrible things.
There's not any good news in that.
But I don't know.
You tell me what you think.
You can put your comments below this video on brighttown.com, but is there any evidence that there's any saving maneuver that's going to happen, you know, globally?
Because winter's coming, folks.
The energy is shut down.
The fertilizers shut down.
The coal-fired power plants have shut down.
None of this can be reversed overnight.
There's not even political willingness to try to reverse it.
If anything, the regimes in charge across Western Europe and in the United States are saying, oh, this is why we need more green energy, which by that they mean no energy.
They're doubling down, tripling down on, quote, sustainability.
Oh, you've got to kill all your cattle here in the Netherlands.
Why?
Because of nitrogen.
What?
Yeah.
They're doubling down.
Carbon dioxide, they say, they still say, is bad.
So even if Putin turned on the Nord Stream 1 pipeline, I'm not sure Europeans would even accept any gas anymore because they hate hydrocarbons.
They hate carbon.
They hate the whole element.
It's like they want to die.
The leaders are so disconnected from reality at this point, they don't even pretend to represent the interests of the people.
They want their own people to die, to starve, to freeze, to death.
And this is true in Germany, and it's true in the Netherlands, it's true in Switzerland, it's true in America, it's true in Canada.
All of these Western nations through the World Economic Forum and all that training and indoctrination under the globalists, They are committing genocide against their own people.
You're just watching that plan unfold, and it's unmistakable.
No reasonable person can look at what's happening and think that, oh, it's just an accident.
Oh, they didn't mean for so many people to starve and die and freeze.
It's just, you know, it's Putin's fault.
No, that's not the case.
This was all engineered.
It's all deliberate.
They're bringing down Western civilization.
The end of the dominance of the petrodollar is near.
The end of the British Empire is going to be killed again.
The end of the American Empire is fast approaching.
The United States of America cannot survive this on the current trajectory.
Unless something drastic changes, it's over.
And I don't see any trajectory changing.
I don't see that they're having sanity all of a sudden.
I don't see them stopping the money printing machines.
Do you?
No.
It's clear where this is headed.
Not a pretty picture.
Bottom line is I rarely urge anybody to, you know, double down on your preps.
But I've got...
There's no other option here to survive this than to be ready for, let's say, a year without grocery stores functioning, a year without banks functioning, a year without gasoline, a year without energy, without a power grid, a year without, you know, internet, a year without mobile phones working, no cell towers, all of that.
I think that's the proper question to ask yourself.
And for all of us, are you ready to survive a year with none of these services of civilization that we're all used to?
Can you survive a year without a functioning water supply?
Oh, and by the way, turns out that the Jackson, Mississippi water failure was a false flag shakedown.
Yeah, that thing didn't take four months to fix.
It looks like they shut it down themselves because I think the...
I think the U.S. Army Corps of Engineers, I believe, went in there.
Somebody went in there and they restored the water pressure.
Boom, just like that.
Yeah, the U.S. Army Corps of Engineers fixed that just like that.
It was a shakedown.
It was a false flag water failure because the corrupt leaders there, who are all Democrats, by the way, they wanted federal money.
That's what it looks like happened there.
Just goes to show you how desperate times are.
But it's kind of a foreshadowing, like a flash-forward thing of what's going to be coming for real.
We can't trust that water systems will function because we can't trust that electricity will be available or affordable.
We can't trust there's going to be food available or affordable.
We can't have faith in, you know, really gasoline, diesel, energy supplies, any of that, or even supply chains, replacement parts, what have you.
Fertilizer, farming, all of it.
So are you ready?
Can you survive one year without any of those services?
And I'm asking myself the same question.
And I think the answer is yes, I can.
I can survive a year with all that stuff shut off, but that year is going to suck.
There's just no way around it.
It's going to be a horrible year.
Especially with all the people dying everywhere.
Not that you're even going to hear about them because there won't be a functioning internet probably.
But there might be people dying right next to you or even dying trying to loot you and you end up shooting them.
That's not something to look forward to, folks.
That's a horrible scenario to have to shoot looters or violent people that are trying to attack you.
That's a horrible scenario.
This is going to be a horrible time for humanity, but especially for the Western nations that thought They could live on financialization and fictions.
They thought they could win wars with Russia by just running articles with lies.
Just pretending that they were winning.
You know, they thought they could create an economy just by faking the inflation numbers and the unemployment numbers and the GDP numbers.
Like, if we just fake it long enough, maybe it'll all come real.
But it doesn't come real.
It's just more lies.
And the lies are collapsing.
And nothing collapses lies faster than cold weather.
Like a brutal winter where people die from lack of heat and you're criminalized if you boil water.
It's unreal.
And by the way, you understand what that means, right?
It means in Switzerland, you are a criminal if you use energy.
That's essentially what that means.
And if you think that that rule is not coming for California...
You're oblivious.
In California, they're going to criminalize you if you use energy also.
I mean, they might allow a certain amount, but beyond that, like, oh, you've cooled your house to below 85 degrees Fahrenheit.
Oh, you're a criminal.
Or you won't be allowed to charge your electric vehicle.
You've used too many kilowatt hours.
You might be actually...
Arrested and taken to jail if you have lights on after 10 p.m., something like that.
It'll be like mandatory lights out after 10 p.m., that's it.
Yeah, you think that's not coming?
Well, just wait, because it is coming.
It's coming to America, it's coming to Canada, it's coming to Western Europe, all of it.
They already have the police state system.
They've already built the quarantine death camps.
They just need a justification to use them.
And they can create scarcity.
They can create a crisis anytime they want.
So get prepared, folks.
That's all I can say.
Get prepared with skills, with knowledge, with preps, with maybe physical silver, with garden seeds, self-defense items.
Get prepared.
Because the world that we know is about to collapse into chaos.
All right, thank you for listening.
I'm sorry this wasn't more optimistic, but then again, it was double David Doomsday Special Edition, and this is what happens.
No, it's not their fault.
It's world events.
It's just these are dark times for our world.
There's no way around it.
And people who are pretending that these aren't dark times are just lying to themselves, living in la-la land, and frankly, most of those people are going to die.
No, seriously.
That's where they're headed.
They will not survive what's coming.
Most of them.
But you can survive.
We can make it through.
That's our goal here.
That's why we talk about these things, so we can be ready and be prepared.
And I'll stay online as long as I can.
I gotta be honest, though.
I need to spend more time preparing as well.
I'm not as ready as I need to be on many fronts.
You know, shockingly, that's true.
So pray for protection, pray for guidance, and thank you for your prayers and blessings, and I'll wish the same to you.
God bless you and all that you are doing to stay alive through this unprecedented, historic, suicidal crisis.
That is just cosmic in its implications.
This has probably never happened on any planet in our cosmos.
It's the most insane, self-inflicted, suicidal death cult maybe that God has ever seen in the entire universe.
I don't know.
It's a big universe, but this is pretty darn crazy.
So, get ready.
Thank you for listening.
I'll talk to you tomorrow.
A global reset is coming.
And that's why I've recorded a new nine-hour audiobook.
It's called The Global Reset Survival Guide.
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I'll describe how the monetary system fails.
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