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Oct. 4, 2022 - Health Ranger - Mike Adams
01:02:33
Dan from iAllegedly talks with Mike Adams about bank freezes, asset protection...
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Alright, welcome folks.
You are going to absolutely enjoy this interview.
This is a first time guest, but you may have seen his videos all over YouTube.
I am a fan of his channel and his videos and his message and so on.
And he's a fan of people like Gregory Manorino and others.
His name is Dan at I Allegedly, and that is the letter I followed by the word allegedly.
And he's on YouTube.
He manages to stay on there.
And he has great practical financial analysis and advice that's going to help you avoid losing everything and also protect your assets and maybe do well even as the situation gets or turns for the worse.
So Dan, hey, it's an honor, Dan, to have you on.
Thank you for joining me.
Mike, it's an absolute honor to be here, and I'm thrilled that you invited me.
I really am.
And I really am looking forward to this all week, so this is great.
Well, me too.
And, you know, I'm so glad you accepted our invitation to be on here, because I... I admit, I publicly tease you a little bit because I'm a fan.
And I said, folks, you got to check out Dan.
And I allegedly, because he's got the most horrifying financial news in the most beautiful places in the United States, like on the beaches, blue skies, blue waters, but you're telling the truth about what's happening.
It's an amazing combo.
I'm a big boy, so that's all good that I get teased every now and then.
But the message, you know, everything that we're living through right now and what we're being told and not being told, things are really, really bad right now.
And people need to protect themselves.
They need to get themselves out of debt.
There's just crazy, crazy things happening.
And like I always say, there's not a loss of...
I mean, every day I wake up and there's something new with the economy, with the news, and now it's getting global.
And now that the audience is getting bigger, I'm getting a global audience.
And it's really nice to hear people in Australia, people in the UK, you know, the Isle of Man this week.
I mean, all these different places that I've never been, that people write me and tell me that they're living through the same thing we're living through here.
Oh, yeah.
And one of the things I love about what you do, Dan, is you genuinely go through all the feedback of your listeners, and they give you incredible intel, like some of your listeners who had trouble getting money wired out of banks, or you hear from restaurant owners and all kinds of people.
Can you share with us a little bit of the more recent intel?
I'll tell you something that's crazy is that this happened today.
One of my subscribers goes to his credit union, makes a cash deposit, which he's done.
Got some checks, got some cash.
Please understand that as of October 1st, his name is Dave.
As of October 1st, Dave, we're going to start putting a hold on cash.
And it used to be immediate.
You could walk in your bank and put cash in, and it's immediately credited to your account.
So he's thinking tonight, it's a two-day hold on cash now.
So if people do not think that there are problems with banks, we are hearing from people around the globe that are having problems getting cash out, banks that are having difficulty, ATMs that are shutting down, ATMs that are limiting access, everything.
And the banking situation...
I warn people all the time to make sure that if they don't make a lot of money and they're on a limited income, that you've got some money out of the bank and out of the banking system right now.
And for the people that are wealthy, you are foolish right now.
If you have any accounts that are over $250,000 at a bank right now, you're playing Russian roulette right now with these banks as far as I'm concerned.
Yeah, clearly.
Clearly.
See, this is what I really appreciate about you as well, is you're giving people, I think, life-saving or financially life-saving practical advice about how to not get burned.
And you're seeing these warning signs about banks being reluctant to give up cash or placing holds on it, as you just said.
But I think you also seem to discover that a lot of people don't operate with common financial sets.
You know, they take crazy risks or they get into way too much debt, more than they can afford because they want to have the fancy cars and homes and so on.
You see that a lot in California, right?
Absolutely.
I live in Orange County, California.
And to give you an idea, I'm 10 minutes away from Disneyland.
I'm 10 minutes away from Newport Beach.
And You see a little bit of everything, but you see people that drive $300,000, $400,000, $500,000 cars.
They're financed.
You see people that have these crazy house payments.
You see people that are making $400,000 and $500,000 that are basically broke because their leverage is so high.
I went to the Orange County Auto Show this week and was talking to the McLaren dealership.
And they said, hey, you know, one thing I tell them that I do is whenever I see a Lamborghini or a Ferrari or a McLaren, for that matter, I always look at the license plate and see if the guy's tags are current.
Because most people don't even know this, but you could get one of those super rich sports cars, finance and have yourself a $3,000 a month payment.
And then your tags are $7,000 or $8,000 a year here in California.
So it's insane.
Oh, it's nuts.
And, you know, we're seeing insanity here in California.
You know, I get people that write me, you got to get out of California, you got to get out of California.
And I, you know, grew up here, my kids, you know, I raised my children here, but this is insane.
The state is insane.
But I used to think, like a lot of people think, that they live on an island.
Oh, this is only happening in Texas.
It's only happening in Louisiana.
No, this is happening around the globe, guys.
Everywhere are having these precarious financial moments.
And I always tell everybody, the best thing you can do is get yourself out of debt any way possible.
Right, right.
And I beat that drum every day if I can.
Well, I'm very curious about your background.
I know you do conferences, I think, in the medical field, correct?
That's one of the things that you do professionally?
I grew up in the construction industry.
I was a screenwriter for a point in time, and I wrote a Jeff Bridges movie that nobody's ever heard of called Scenes of the Crime.
And my kids were young, and I needed to make money.
So I stuck with my construction business and then moved to the entertainment industry, and I got to be working for an entertainment company doing their marketing, and that's what I really loved.
And the man I worked for was a good guy, but he got very sick, and I had to leave the company.
And a friend of mine said, you've got to come to the medical space.
And You know, he labeled me a connective marketer that is stuck.
And one thing that I'm really good at is I'm good at putting people together.
Yes.
Yes, you are.
Mike comes out and Mike starts a business and Mike has a startup and Mike says, oh, I need money.
Well, here's the thing.
I started this.
I got in the med tech space and worked for a magazine running their sales.
And after literally one week, I thought, wow, this industry is filled with so many smart, successful people, but it was completely broken.
All the doctors wanted to meet the startups.
The startups needed lawyers.
The lawyers needed clients.
The VCs, venture capital people, needed good projects.
So I started a directory, a medical directory to put people together.
And the logical next step from that were the medical conferences, because I would at that point, I was attending about 40 conferences a year.
And literally, so there were weeks, right?
Yeah, I'd go to three conferences in a week and you learn things, you know, you learn what works, what doesn't.
And I thought, well, why can't we get everybody in one room, not have just a clinical, not just have just an FDA conference, not just a startup conference, but get everybody in one room in one day.
And we formed a conference called MedTech Monday.
And it literally, at the end, I had my claim to fame was I had 17 countries from around the world flying for one day.
Australia, China, you know, China.
I mean, all these different places, and they would come in and literally meet for one day.
And because it's Southern California, it would make no difference if the weather...
We would do it in January and August.
The weather would be good.
People would get a vacation out of it, and they'd get connected with great people.
But...
I believe that everybody should know everybody in their industry.
It's really important because you may say, well, I own a termite company.
Why do I want to meet the manufacturer?
You do.
You want to know everything about it, what people are paying, what products are coming out.
And with the medical space, it was great because I could help people either raise money or get a partner for manufacturing because, again, to go back to the original statement, people think, we need money to start my company.
Well, if you invented a product, maybe you need manufacturing to have the manufacturer pay for it, and you collect royalty, and you can go sit on a beach and watch these guys work.
I mean, there's a lot of things that you can do.
We learned a lot about licensing and getting deals done.
And then, you know, COVID hit and all hell broke loose.
And, you know, it was funny.
My kids were at the house.
I have two kids.
They were both at the house at the time.
And my brother's like, why don't you start a YouTube channel and, you know, share your knowledge out there.
And the SBA was someone that spoke at all my events.
And the SBA was a great partner because I had the number two guy, Brian O'Byrne, speak for Four years ago at the event.
And he was the keynote.
He was great.
You know, how to get money.
So I had access to these companies and not everybody needs SBA money, but it was a great way to get them and the other banks involved in the projects.
And When COVID hit, it was fantastic because these guys would come out and they came out to me and said, help us get these loans out and these grants out and things like that.
And it was a disaster.
They had a lot of problems.
They had a lot of problems turning down qualified people that were good.
And people reached out to me and go, can you help us?
And literally, I was at my house at this time.
So I looked at other grants and other ways to get people money and financing and aid during that time.
And it took off.
And, you know, from there...
That morphed into your current format?
Well, it did because my brilliant daughter said, you know, Dad, you've got to start sharing your knowledge a little more and just do some side videos in addition to the grants with the business news and everything you know about.
Because, you know, here's the thing.
You know, I'm not a doctor, and I would get medical technology...
You know, given to me, and these guys wanted to raise X amount of dollars, and I had doctors, I had different manufacturers, I had an advisory board that I could go to, and they would really help me.
This is great technology.
Again, this has already been done.
You know, the insurance companies are never going to pay for this.
You know, it would really help people.
So from there, and with the knowledge of business and everything I've done in my entire life, it was great talking about news and talking about realistic situations when it came to what was going on in the economy, and then it morphed into where it's at.
Okay, wow.
Long story long.
No, that's quite a fascinating journey already.
I got it.
It brings up all kinds of questions.
But let me tell you, I first ran into you or your video on Brighteon because, you know, I'm the founder of Brighteon.
And on the platform, I'm always looking to see what stuff people are posting.
And somebody had kind of cross posted a couple of your videos.
And I had not heard of your channel at the time, but I just said, oh, this looks interesting.
Let's watch this.
And, you know, hi, it's Dan from I Allegedly got a good one for you today.
And here we go.
You just you jump right into it.
I'm like, wow, this guy gets it.
And then I tracked you down, found out you're on YouTube.
But if it wasn't for somebody pirating your video onto Brighton, I never would have found your channel, by the way.
I'm really grateful for that, too, because here's the thing.
The message right now, you know, financial wisdom in the economy, in the companies.
With people's businesses, with just the everyday person, we need more knowledge.
You cannot just watch the news.
If you watched these news channels, they'd be having you buy stock and heading you down the path of Lehman Brothers where things are going to crash.
Right.
And I mean, you know, it's ridiculous.
And I just think that, you know, I'm very lucky.
My brother is a very fiscally conservative person that sat down with me about four years ago and said, you need to pay every bill off.
You need to live conservatively and get rid of all this credit card debt, which I didn't have a lot, but no car payments, no nothing, and just watch the freedom that you're going to have in your life.
And there's a lot of people that talk about this, Robert Kiyosaki, Dave Ramsey, And it is heaven in that sense because I'll tell you, if you don't make any money this week, you're okay.
If you make a lot of money, then you're even better.
But no one's hounding.
No one's pounding on the door.
No one's coming after you.
And it's absolutely amazing to live that way.
And that, I mean, if I had to give anybody a message, like even on this video, I would say, get yourself out of debt.
Just because, you know, and people say, well, wait, you know, I can't.
And, you know, all these different, you know, Brytheon and everything else that people have shared it on, I'm grateful because the message is, you know, it works.
The message is truth.
And I'm trying to get access to things that other people don't have.
And when people share things with us, it really does get a worldwide global experience.
And you get, you know, you hear people.
You know, how the Bank of England is doing something from somebody that lives in England.
You hear how the Australians, I'm telling you this right now, you guys are going to hear about an Australian housing crisis that's going to make ours look good because they're in so much trouble over there.
And as far as financing, as far as, you know, I didn't know this.
I thought everybody had 30-year fixed mortgages.
And then I find out these people write loans for 30 years, but they have two- and five-year loans in Australia.
Well, what happens when interest rates go up?
They pay more money.
They have to roll over those loans and refinance every few years.
Exactly.
Now, in England, think about this.
The average person is going to pay over $10,000 more on their mortgage next year.
I mean, who's got an extra $833 in their bank account a month?
Plus, they're paying an extra 1,000% on their electricity bill.
On top of that, who's got any money left over in Europe?
Exactly.
You know, you can blame Vladimir Putin and the war in Ukraine and all this stuff, but here's the thing.
This is insane.
Our leaders have led us down a path.
You know, it's like looking for the wolfman with, you know, the old torches at night, thinking that it's all going to work out.
And this is a disaster.
This is an absolute, unmitigated disaster.
You're going to see people freeze to death.
You're going to see people that are not going to be able to pay their bills.
They're electric and heating bills.
They're going to make decisions between that and food, and it is catastrophic.
And that's going to happen in 60 days from now.
Yeah.
Did you see that Germany, I think their energy minister, Haber, I think he announced that for consumers, if you use only 80% of what you used to use in terms of gas...
Then the government will pay 100% of your 80%.
But beyond 80%, you have to pay the full bill, which will be, of course, probably 1,200% higher than what it used to be.
It's crazy.
Now, here's the thing.
Switzerland is having things that, you know, because I live in the States and I'm a Fahrenheit guy, but Celsius, you know, they're saying, hey, you can't heat the house above 16 Celsius, which is 66 degrees Celsius.
I thought they said 19 Celsius, wasn't it?
I'm sorry.
Pardon me.
19 Celsius and 60 Celsius is the max that you can do.
Go on.
Pardon me.
You're absolutely right.
And then 60 Celsius on heating and water.
Yeah.
It's crazy because now they're talking about, you know, they already have posters, rat out your neighbor and let them know if they're an energy waster.
And that is crazy.
And then they want to potentially find people.
And if these people will not listen to us last week, we will jail people for using too much electricity.
Now, I have a girlfriend who's sick, who's got cancer.
She's doing very well, but she lives with a climate-controlled house.
What do you do with somebody like that?
Say, I'm sorry, you can't live under your normal conditions that she's paying for?
It's insane.
It is insane.
I have so many questions for you, even more about that.
I'm glad to hear your girlfriend's doing well, by the way.
This is a show about finance.
I appreciate that.
No, she's doing great.
But here's the thing.
What happens to the elderly people that don't have anybody?
What happens to the people, the single mother, that can't afford to pay the electric bill and the gas bill?
I mean, this is happening live for all of us.
Let me...
No, go ahead.
I'm sorry.
Well...
I want to give you some more feedback, too, and also share a little bit about you with our audience, because for a lot of our listeners, this may be the first time they're hearing from you.
But I just want to give you some feedback and say one of the things I really like about your approach, Dan, is that you are incredibly sensible and practical and obviously very capable, but you're not braggadocious about money.
And one of the big turnoffs that I have about anybody is Yeah, I've got friends who are billionaires and so on.
Fine, but I don't like to be around people that brag about money.
They're flashy about money.
Oh, I've got this big fancy car, all this jewelry on my fingers, especially men with 10 rings.
What are you, a rap artist?
What are you trying to go for here?
Yeah.
But you're not braggadocious.
You're just very practical, kind of a down-to-earth guy with a lot of financial sense that can help people get ahead.
That's one of the things I really like about you, Dan.
Well, I appreciate that.
And the thing about this is that, you know, I lost a business.
You know, I got divorced.
I had, you know, real difficult times.
I was a single father.
I still am.
And, you know, that had to do this on his own.
And, you know, you got to take care of your kids.
You got to get through this.
And I mean, I've been...
Broke as broke can be.
You know, having to live at friends' houses and things like that.
And it never changed me.
I was never a different guy because of that.
That's what people get embarrassed over when they have money problems.
And people need to work through this and understand that that's a day in your life.
And people don't realize that you can get through this.
There's better days ahead.
And, you know, you just fight forward.
And, you know, you're never going to be the richest guy in the world.
And right now, I'm never going to be the brokest guy in the world.
But I also am happy that we can get to a point that I can teach my kids right from wrong.
My son's going to college.
My daughter's doing well with her business.
And that's all you can hope for.
But I really love this message.
I really love...
The fact that people write me from all over and share all this stuff.
We are heading into something that is going to be completely different than anything we've experienced financially.
It's not to scare people, but I really believe that.
I want to talk about that with you next, but first, let me plug something that you are trying to accomplish, and I want our audience to help you.
So folks, Dan and his channel, I allegedly, he's trying to get more subscriptions than another YouTuber called Economic Ninja, who's also a friendly, capable guy who's got a lot of good financial advice.
But Dan wants to beat Economic Ninja in terms of subscriptions.
So if you go to YouTube, find Dan's channel, just click subscribe.
I allegedly, people.
Yeah, I allegedly.
Hashtag, you know, we're trying to Operation Ninja, try to catch the ninja.
Try to catch the ninja.
And, you know, he's a very good guy.
And I just, I really, you know, it's funny.
I beat him for a while.
I hit 200,000 before he did.
And then he caught me.
Then I overtook him by like 12 or 15,000.
And now he's got a few on me right now.
But...
Anything you guys can do.
I allegedly at YouTube, I would truly appreciate it.
Okay, we shall do that.
And, of course, we also encourage you, Dan, to post on all the alternative platforms as well.
Not just Brighttown, but Rumble and Bitchute and everything else.
You know, they won't even let me back on YouTube.
They banned me so long ago.
But you're smart, Dan.
I mean, you don't get into politics and vaccines and all these controversial, like, Two-party system stuff.
You focus on finance and common sense.
But don't be confused, Mike.
I get a lot of heat from that.
I get a lot of heat.
Come on, make your stance.
What do you think about it?
But see, here's the thing.
When you've seen good people like you get deplatformed, I don't think it's fair.
I don't think it's fair at all.
I don't think that we live in a world that...
I couldn't say coronavirus for a year and a half on the platform.
Right.
You know, and it's just ridiculous.
And again, if somebody watches five of my videos, you've got common sense news.
You've got my spin to it.
Plus, here's the thing.
I mean, you know, Mike, I really am lucky because I get a lot of executives, male and female.
Some are retired.
Some have worked for really big companies that share what's going on in the oil industry, what's going on with banking, and where we're headed.
And it's fascinating because, Dan, don't say this, but this is what you can say.
And I'm happy to share all that stuff.
But again, I lived through 2008 and I thought, okay, well, I can work through this.
I can sell my way out of this.
And we had no idea how bad the crash was.
And it affected a lot of companies.
This time, I really think that people don't want to bite.
People don't want to admit that there's going to be a housing problem, which there is.
And, you know, I mean, some people are going to weather this storm because they're very wealthy, but it's going to take out the middle class and completely destroy the middle class during this time.
And you're going to have a lot of rich people and a lot of very poor people.
That's what I think.
I think you're exactly right.
And this reminds me, and I was talking about this back in 1998 and 99, looking at the dot-com boom, that even then I knew this was a bubble.
I was like, this is crazy.
And I remember being like the only guy that thought that this wasn't going to go on forever, right?
You know that feeling?
You're like the only guy in the room that's like, this is crazy.
This doesn't make any financial sense.
Let's talk about two things.
You've got Pets.com and crazy companies like that that made no money and raised money.
Dr.
Coop.
Remember that?
Right.
And then you've got companies like AOL. That was literally the stock was going up 10% and 20% a week.
It was insane.
And then splitting.
And then Yahoo was going up.
And I knew there was a problem when I met a I read a story about a retired teacher who had put $5,000 in and he said, I made so much money on Yahoo stock that it makes my retirement look small.
And the guy's traveling Europe on a motorcycle.
And I'm thinking, well, this is insane.
The economics of that is nuts.
And then it goes and explodes and everybody looks back and says, of course it Was fake.
But if you look at 2008, that's what happened too.
They would do the stated income loans.
And here in Southern California, you would have dishwashers that say, just tell them you make $250,000 a year.
Tell them you make $150,000 a year.
And these people were getting $600,000 and $700,000 houses.
And what happens in two years when the payment's supposed to jump up?
Oh, we'll refinance the house.
And a lot of people did that.
But a majority of people played, you know, musical chairs and the music stopped.
And when the music stopped, they were done.
And now, right now, stated income loans are back.
You can go get a stated income loan.
There is craziness with these people buying these houses still.
And as much as it's starting to drop around the country, and, you know, there's the 11 largest markets in the country have price reductions right now.
But you're still seeing craziness.
And I get people that had a house two days ago, $700,000, and they thought it was $50,000 over market, too much they were asking for, and the house sold for $740,000.
You're still seeing crazy stuff like that.
But I think these people that buy these homes are going to, either they're never going to move or they're going to live to regret this very soon.
Oh, I think we're seeing some of that already and a lot more yet to come, as you say.
But let's zoom out for the bigger picture and let's talk about bank insolvency.
I know you're watching what's happening with Credit Suisse over in Europe and It's anticipated to be maybe the Lehman Brothers of Europe, the Bank of England bailing out the pension funds because of how they over leveraged into bonds.
And I saw the United Nations, one group in the UN now in the last 24 hours, essentially begging the Federal Reserve to stop raising interest rates.
Is that insane or what?
That's absolutely nuts.
And the Credit Suisse problem is great because when you look at this company, and it's funny, the video that drops in the morning has got two stories about Credit Suisse and that Parchego's capital, how they lost six, I think it was almost $6 billion in that.
And they've had all these tax problems and all these scandals within the company.
And It just touches the surface, but it's like any other dysfunctional family or dysfunctional business.
When things finally explode, you go, wow, look at all these problems, and that's what's going to happen with Credit Suisse.
You're going to realize too late when people lose their jobs and investments go south that they were just poorly managed and never thought the party would end.
I mean, I'm very frustrated by things like that because I don't like the bailouts.
I don't like the potential bail-ins because people don't understand that.
And these banks...
No, they're not.
I think you do a great job explaining that to people.
And I think I've even heard you mention how when you deposit in a bank, you essentially become a creditor of the bank.
That's the bank's money now.
And what that means in general, so back in the day, the bank used to, if you put $100 in the bank, they were obligated to hold a certain percentage of that money inside the financial institution within the company.
And that got lower and lower and lower.
And then it got to the point that it was down to 1%.
Now it's at 0% right now, guys.
So when you make a deposit, it's just a journal entry.
You might as well give it to somebody on the corner because they've got just as much financial solvency as some of these banks do.
And when you start to hear the games that you're...
You know, Bank of America here in Southern California is revolving bank, revolving the tellers through the different branches so you can go to a branch and not have a teller.
I'm sorry, we cannot conduct business if you want to make a profit.
Yeah, it's nuts.
And it's And then they've cut their hours back.
There are no, you know, a lot of these banks are not open on Saturdays.
There used to be a law when I was a kid that the banks could not be closed more than three days for commerce and for people's rights.
Now, sometimes you'll see banks close five, six, seven days.
And during COVID, they would blame that.
Now there's no blame for it.
And they blame it on, you know, short staffing.
And it's a mess.
You know, business in general, everybody has to look out for this.
You've got to look out for, you know, the mom and pop stores that are going to be out of business because a lot of people still are not paying their rent.
And then with these banks, you're seeing things that they're doing like that, limiting cash withdrawals.
And again, like this one guy that wrote me buys autos, restores Volkswagens.
So he buys auto parts.
And you can't go to somebody and go, oh, I'll take that steering wheel.
Let me write you a check.
No.
Somebody's going to bring cash behind you.
So he has to carry cash with them.
And now, when he used to go and get $8,000 and $9,000 and $6,000, it's such a pain at the same bank he's banked at for 15 years.
Why do you need this?
Can't we just write them a check for you, you know?
And it's happening more and more.
And then you can say, well, that's Bank of America.
It's happening with Truist Bank.
It's happening in the South.
It's happening back East, Chase Bank, Citibank, every place.
Do you think there's a day coming...
In, let's say, the immediate future, however you want to define that, but where we have a bank freeze, and not necessarily even bail-ins, but just sort of what James Rickards calls the ICE 9 scenario, just a freeze.
It's like, ah, everything's frozen, no transactions, ATMs don't work, your money's on hold until further notice.
Is that day coming for America, you think?
I truly believe that day is coming.
And, you know, I do follow Greg Mannarino quite well, you know, every twice a day.
And with what he's saying and with these, the T-bonds, you know, who's buying those bonds right now?
It's the federal government.
The Fed has a desk on the trading floor, and it's insane.
And I did a story at the beginning of summer about how much they have what they call assets.
And if they would dump these things, that would destroy our economy.
So they're not doing us favors by doing this, but we're going to have a day.
That's going to happen when I really think the banks are going to lock up and you're not going to get access to it.
Now, I have one woman, Dawn, that sold her house and she cleared a million five from her house.
She put $250,000 in how many banks is that?
Six banks.
Okay, pardon me.
She did six banks to put $250,000 apiece.
And now we can, you know, we'll protect you.
Don't worry about that.
And it's been nothing but grief ever since then.
And the one thing I also tell people is when it comes to having cash up, is look at Hurricane Ian.
You need to have cash out of the bank right now.
You need to have cash.
Oh, wow.
What your balance is.
And KeyBank and all these other banks that have had problems.
And, you know, I like the credit unions better because you can walk in and get the financial sheet on where the company's at and in their position and they'll tell you.
But, you know, and you're an owner of the bank and all the things that people talk about credit unions.
But my friend goes into his credit union and they have a problem with cash today.
That is crazy that they're going to put a hold on cash deposits.
In one of your episodes recently, you were also talking about this county in New York, I think, that had a cyber attack where they can't record properties.
Which county was that again?
That's Suffolk County in New York.
Now, think about this.
They get a ransomware attack where they're shaken down and all of the business is completely shut down.
Now, I had two people that live in Suffolk County that wrote me and said, Dan, this goes much worse.
The courthouse is closed.
You can't process criminals.
The cops, they cannot use dispatch.
They have to use paper notes and use the old microphones and radios to do police calls right now.
You cannot close any escrows or any houses.
Now, here's the thing.
Suffolk County has got regular houses and it's got the Hamptons.
It's got $40 and $50 million houses.
What's going to happen with those houses?
Now, again, I have a problem with people that are pretentious.
I have a problem with people that know more than everybody else.
And if you saw any of these interviews early on from Suffolk County, they're like, we'll get this handled.
And this guy went home on a Friday and came back on a Monday when the entire city is shut down, county is shut down.
I mean, it's terrible.
Is that situation resolved yet?
Not yet.
That's crazy because that could go on indefinitely.
Right.
But again, you don't want to talk about things like that on the mainstream media.
They just don't want to mention things like that.
But, you know, I've got people that are doing TikToks.
And Dan from I allegedly mentioned this.
And let me tell you one step further.
I'm a, you know, I'm a title processor.
Think about this.
When you have to sign, one of my subscribers wrote me And said, you've got to see what my attorney wants me to sign.
I have to sign a form that states that I have no seconds on the house.
I have no...
I'm not interested...
The house will not be sold to a third party.
There's no renters.
There's all these rules.
And people have said, well, that's what you have to normally do.
No.
They have no way of checking this.
They have no way of seeing if you have a second mortgage on the house.
People are going to sell houses, get money, and certain escrows cannot close.
The money is just...
So how does a title insurance company even write a policy on that title if they can't check the records?
They cannot.
And your sworn statement?
I mean, come on.
But this is where this is going.
And the problem with these cyber attacks is that It's embarrassing for the communities, the banks, the hospitals that have these happen to them.
But this is a fact of life, guys.
And what would happen to your business, your small business, if you lost your database?
Do you have that backed up?
I used to get stuff like that insured, and the insurance company would write these policies for nothing.
And now I look like a genius.
I never had that happen, but you look really smart when you do stuff like that because you don't know what's going to happen.
And the world is getting more desperate.
The criminals are getting more desperate.
Yeah, I'm noticing everything is breaking down.
I mean, everything.
Because, you know, I'm in the organic food business, and you talk about breakdowns.
You know, we can't get what we want.
I mean, we ordered 20,000 pounds.
They say we have 900 pounds.
Do you want it or not?
Transportation, logistics, delays, cost increases, claims of damage.
Everything is just...
It's like a disaster zone trying to get anything to function.
But I hear that from everybody.
Like every business owner has stories like that now that they say are very different from even three or four years ago, you know, pre-COVID. And that's the thing with the supply chain issue.
You know, one thing about living by the beach, I had my first video that like totally blew up was I did a supply chain video showing how all these tankers were off the coast of Southern California.
Oh, yeah.
Yeah.
And it was crazy because, you know, you would have these people that would be 24, 25 days out, and I went down to the port and filmed the port and showed us.
It was a disaster.
But here's the thing.
This has not gotten better.
The boats have finally dissipated, but the supply chain problem has not gotten better.
And you're hearing this with even mom-and-pop pizza places.
You're hearing it from the people in the UK that can't get carbon dioxide.
They can't make beer right now because they can't have...
That, you know, you can't have bubbles in your beer.
It's terrible.
And little things like that that are destroying everything.
And in the food business, I mean, I don't need to tell you, but it's so awful right now because let's say you need 12 things to make something and you've got 10 of them.
Well, you don't have what it takes.
It's terrible.
Right.
Yeah, you have to adapt and modify.
Well, I know someone who's in the commercial truck, diesel truck business.
And he told me, he said, Mike, look, you know, we represent Dodge Ram trucks, the diesels.
And he said there was something like 20,000 diesel Dodge Ram trucks sitting in a parking lot in Mexico, because that's where they're made.
They're all sitting there because we can't get train transportation to bring them to the United States.
So they're just going to sit there until we can get train, you know, rail capacity.
And then you hear about Union Pacific and the strikes.
And then you hear about CF Industries, the fertilizer company, being told to reduce the number of rail cars that they're using, or they will be permanently banned from using Union Pacific.
I mean, that's nuts.
We've never heard that before.
Absolutely.
But see, that's the other thing.
People don't realize that there's a food crisis coming.
And one more thing about the cars.
I got this sent to me from someone in Tennessee where they said, hey, the Knoxville Motor Speedway finally has people back at it because the parking lot's full.
Well, the parking lot's full with four trucks right now that are incomplete.
And, you know, that's a disaster.
There's 45,000 Ford trucks that are incomplete right now.
And, you know, Henry Ford developed, he invented, you know, the...
Assembly line.
Thank you, the assembly line.
And think about this.
I would not want to buy one of these vehicles that had, oh, it just needed the seat warmers.
It just needed this.
It's just, it's incomplete.
And the quality control is gone.
So, you know, I really think that it's just a really interesting time.
You know, when I went through that auto show, everybody I asked, every car manufacturer, Toyota, GMC, Kia, Toyota, I mean, Ford, everybody, oh, we have no problems.
Things are going to be great.
2023 is going to be the greatest year ever.
And we're just not going to have any issues.
And they're telling the public that, but there's, you know, 45,000 Fords sitting on a motor speedway.
Right, right.
That's crazy.
And by the way, I was listening to your show, I think, yesterday, and you're talking, and then there are people in cars doing donuts in the background.
Was that crazy?
And then they let me walk through there, and after I got done, they go, hey, you're not supposed to go back there.
Well, and then the day before, you were blowing my ears out with the jet fighters that are making low-altitude passes as you were talking, because you were at the air show.
The Huntington Beach Air Show is the world's largest air show.
And that is, if anybody ever comes to California, that is one of those cool things where you can sit on a beach, it's free, and you can see all these jets fly right off the ocean.
And I love it.
I mean, we've done it for years, and they finally brought it back.
And last year, they had an oil spill, so they shut the last day down.
But it's just, it's a very cool thing to do that.
And the weather was perfect, and with a lot of people out together, it was just fun.
Yeah.
This is great.
I mean, you managed to have fun while doing this, while educating people, and you're showing people a lot of cool things.
I got to ask you, though, I've never heard you talk about this.
Maybe you did, and I missed it, but what's behind the name I allegedly...
Well, you know, it's funny.
I have been a domain name investor for a long time, and I... I have a lot of domain names that I've had since the 90s.
And I allegedly came out where my daughter and I were talking about it was just one of these times where people were allegedly this and people were being accused of all these different crimes.
And I'm looking for allegedly.
Wouldn't it be great to have a site that would share these alleged things that happened with celebrities and with people?
And then it wasn't available.
And then I allegedly, I took.
And I thought, that's great.
And then when I started the YouTube channel, I thought, you know, that's kind of a...
That's kind of a cool name that gets people talking and gets people thinking.
We say some things haven't been proven yet, so we're just sharing the news.
That's cool, but why would you take on that domain name?
Well, I just thought it was great.
I just thought it was a great name.
I thought it was a cool name.
And, you know, I'm always amazed at different things that work well.
And I just thought it was a cool name.
And I really do like it.
And it's really stuck.
But, you know, it really fits with everything that we're doing right now because it's so much chaos.
Oh, yeah.
But you...
You and I got to get together after this because if you own a lot of domain names, my company owns over a thousand domain names.
And we publish something like 300 different unique domain sites.
And we got to get together and see if there's something we could trade or connect with our networks.
People might need some of these domains we have.
Absolutely.
I know I'm over 500, but you got me beat by a lot.
I've bought and sold really cool names over the decades now that I've done it.
I didn't know that.
I love it.
Now, as the channel grows, I have a social media team that posts for me and does certain things.
You know, so it really has been, you know, it's been a journey, but it's growing in the right direction.
There's so many things that we're working on right now.
So it's exciting.
The other thing, what I love about you, and by the way, you still have a few more minutes to stay with me?
Literally, I changed my...
You have all the time in the world.
Okay.
Well, I also want to respect your time.
I won't go too crazy here, but...
Another thing I love about what you do is that you teach people that there are opportunities everywhere and that all you have to do is look at a need that needs to be filled.
You talk about this constantly and people that write you and have found a market niche to fill and just meeting demand.
Go ahead.
One thing I love is where people make money out of the norm.
And people sit there and say, there are no opportunities, there's nothing new.
And last year, there was a guy that owns a car wash in Anaheim, California, that made a haunted car wash.
And he would charge $30 a car, they would wash your car at night.
Now think about it, car washes aren't open at night.
So this guy had people for the line was miles long and he would charge 30 bucks a piece and wash people's car.
He'd buy tickets in advance and he made, I think he made like $150,000 doing this.
It was insane.
And he scared people and had his business doing different things.
And that's the other thing is people need to look at At what they're doing, what they're advertising, what's working and not working.
Because we're going to go through such a business change right now.
And people are going to stop spending money in certain areas for certain things.
And I really think that you've got to squeeze more money out of your existing client base.
And you need to advertise to them more.
And the customers that are happy, you need to have those people promoted and get more business from that.
But Right now, there's so many opportunities out there to make money.
And you have to do something unique and different.
And that's the thing.
They get behind on bills, they get in a rut, and they think, I can't get out of this.
And, you know, one challenge that we had in the channel, which I was really proud of, was I really think that people need to sell their junk right now and get rid of things that they don't need out of the garage.
And, you know, it started somebody sold 300 bucks and finally had somebody to Hungary that sold in American money comparison.
They sold eighty four hundred dollars worth of their stuff, golf clubs, things they didn't use anymore.
Eighty four hundred dollars worth of it.
And then they told me they bought silver with it.
So that's smart.
Yeah.
And you're seeing more and more things like that where people just need to get themselves out of debt.
They need to get rid of any headache out of their life that they can get rid of.
I completely agree.
This is a time to unload while other people can still afford to buy.
Absolutely.
Because that situation may not last that much longer.
And I'll tell you one other thing that was crazy.
When used cars shot up, I had talked to certain car dealers and they would say, yeah, we're so desperate for inventory, Dan, we will buy people's leasebacks.
We will buy a lease car before it's done.
And I started talking about this on the channel and...
People were like, oh, you're crazy.
I had a guy who, a lawyer accountant type of person that wrote me from Florida and said, I want to apologize to you because my wife told me to listen to your last video and we took our truck in and we had nine payments left on the truck.
And not only did they pay the truck off, they gave us $15,000 for it.
So I want to thank you for that.
But again, you know...
I think those days are done right now because the inventory is building and they sold a lot of these used cars to people and people had high interest rates.
Now they're starting to repossess cars.
We're seeing difficult times ahead where a lot of people are behind in the car payments and on average about 70% of the people are not paying their energy bills on time right now in the country.
That's horrific going into the winter.
Yeah, there's a big warning sign right there.
Let me ask you a more serious question, if you don't mind.
In California, you said you're near Anaheim.
Yes.
What we in the preparedness community always talk about is not being close to high-density population centers as things get bad.
Are you concerned about being that close to the cities there, or do you have a bug-out plan, or is that a secret, or what?
You know what's funny is we have a bug-out plan.
I'll give you a perfect example, Mike.
I have a bug out plan with everybody, my friends and my children.
If something goes down based on the level of the catastrophe, we know where to meet.
Let's say the cell phones are taken out.
We know exactly where to go and where to head to, without a doubt.
And I've got plenty of food, plenty of water, money, silver.
I've got everything I need.
I have everything that I need right now to get through this.
And that's what people need to work on.
And it does start with a plan.
It starts with your girlfriend, your wife, your husband.
You've got to have a plan for all this stuff.
And again, I'm close enough to the hills to get out of here if something would happen.
There's a toll road behind us that we can get to other freeways and areas.
And again, we have a really good plan for that.
I'm fairly close to this stuff, but I think that Los Angeles is a real problem, and San Francisco is an even bigger problem, as far as I'm concerned.
Right.
But I also think that because you're monitoring the situation so closely here, I think you're going to have several days' advance notice.
You're going to feel the early tremors before the massive quake hits, financially speaking.
Yes.
That's my sense.
We would definitely, you have to be prepared for this.
And we are prepared for it.
We have a plan on where we would go and exactly what we would do, what food we would take, everything.
And I just think that, it's really weird to think that we're living in times like this that we have to be like this.
Our leadership is non-existent and it's insane, you know, right now.
And you have to be ready for this.
I'll give you, I want to share something that I wanted to share with you, you know, since I read about it today.
Think about this, okay?
California, you know, in the medical space, I used to go to the J.P. Morgan conference every year in January.
And it was the big medical event.
There was 12 other conferences around.
And it was just almost a week-long festivities for the medical and medtech space and biotech.
And it was a great event.
Well, The first year I went, probably eight, nine years ago, it was fantastic.
And it was just great.
We walked everywhere.
And then it got worse, a little bit worse the next year, the next year, the next year.
It got to the point, the last time I was there was 2020, and it was a war zone.
It was the most unsafe place I have ever been in my life.
This beautiful, romantic city was destroyed, was absolutely unsafe, so much so that The final night we were there, there were two homeless guys throwing M80s at each other across the street.
Boom, boom, boom.
And we get a cop.
We're like, oh my God, look at these guys.
He goes, you guys need to get out of here before you get hurt.
He was mad at us that we were there over these people.
And on that trip, the day before, I walked into a liquor store and I'm wearing my suit.
And, hey, let's get a drink before we go.
We just left the Ritz-Carlton.
Walking down, I go to the slicker store, walk in, this guy says, hi, how are you?
Hi.
The guy proceeds to grab everything he can, stuff it in his pockets, jump over the barrier and take off.
And I'm like, oh my God, this guy just stole.
And I go, he's not with us.
I don't know that guy.
And he goes, no, I know.
There's nothing we can do about those guys.
And they just let this stuff happen.
And that's insane.
That is chaos and anarchy right there live.
And that was in 2020.
And it's only gotten worse.
And I will never go back there as a result of that.
Yeah.
So you're seeing it firsthand.
That's really powerful.
The rest of us are just seeing video clips on TikTok about that.
Yeah.
Here's one more for you that that was today.
And I started with the story and that the California legislature, the governor just signed the free walk pass where you can.
They're no longer going to cite people for jaywalking.
Jaywalking is not a crime.
Now, you can sit there and say, that's no big deal.
It's a huge deal.
When you drive down the street in crime-infested areas like Los Angeles and San Francisco, these people walk up to your car and ask for money.
Now they're not committing a crime doing that.
You understand how dangerous that is?
That is your wife's safety, taking it into her own hands, driving home from work.
And they will not cite these people as of January 1st.
That is insanity.
Well, I think Illinois has them beat January 1 with just letting everybody beat.
Illinois is going to not give you a ticket for attempted murder, stalking, Arson, kidnapping, all that stuff.
You know, Mike, here's the thing.
I'm sure you live a very safe life like I have to.
And unfortunately, you have people that want to reach out, good and bad.
And you've got to protect yourself for a thousand reasons.
But imagine stocking laws in Illinois.
If you call about stocking, they will not come out for 24 to 48 hours.
Well, somebody's dead by then.
I mean, it's horrible to think about Everything they're going to have, kidnapping, is not an available offense right now.
It just proves that us in Texas have been right all along when we say we don't call 911, because what's the point?
I spent last summer, I got to spend a week in Texas, and I absolutely loved it.
And I had such a good time.
And it would be...
If I moved, it would be to Texas, without a doubt.
And I just...
The people were so gracious.
Everything was great.
The food was fantastic.
And I just...
Every time I thought I had the best barbecue, I was beat by the next place.
Oh yeah, there's good barbecue.
And the people in Texas are really polite too.
I don't know if you experienced that.
They were absolutely, so genuinely kind.
It was fantastic.
And I really mean that.
And I just, I love it.
And I look forward to going back to it very soon.
Well, I enjoy talking, too, because I have a big warehouse operation.
We're always building something and adding on.
And I enjoy talking to all the workers.
I'll talk to the concrete truck driver, the long-haul rig driver, the rebar team leader, the drywall people.
I talk to all these people.
I ask them, what's going on?
What are you seeing in the industry?
I'm kind of like you, Dan.
I'm curious.
I'm always asking people questions, right?
Well, that boots on the ground is going to do it because that's your real news source.
That's where you know if he goes to a place and they're, hey, they don't have inventory.
They're three hours late to have me load.
You know the truth when you talk to these people.
You know everything.
And business is not running smooth right now.
It's operating, but it's not like it was four years ago.
It's just not smooth like it was before.
Yeah.
And I'm one of these people that thinks these are the good times.
I really think that you need to enjoy this while you can, make the money while you can, pay your bills off while you can, stack as much gold and silver as you can.
Silver is the greatest investment, physical silver, that anybody can get.
And if you can get your hands on it, get your hands on it, because there's not enough of a supply of silver to get through the manufacturing needs that we have in the next 10 years.
And then you throw the crazy electric cars in there and everything else that they've got going and, you know, it just depletes everything.
Yeah.
Yeah.
And the price is such a deal right now because it's so suppressed by all the paper.
But you've already spent a lot of extra time with us, and I really appreciate it.
But we're going to wrap this up here shortly.
What's the final thought you want to leave our audience with about all of this?
We've covered a lot of ground.
I hope we get to do it again.
Mike, anytime.
Anytime.
And I just...
You know what?
I really want people to...
First thing, Mike, thank you very much.
Your team was very gracious, and I really appreciate everybody reaching out, and I really hope that we can beat the ninja.
That would be the greatest thing ever in the world.
But I really, after researching and really knowing everything that you're about, I really appreciate this, and we're completely like-minded.
But that's the thing.
People, you're not living on an island.
You are not kidding yourself.
You're not crazy going through all this stuff.
These things are happening and you're being told, oh, don't worry about it.
The banks are good.
The stores have very little merchandise.
Mike is in the food industry and has nothing but problems on the horizon.
He doesn't sit there and say, wow, this is going to get better in December or January.
There is no date for that yet.
So with that coming, with impending crisis continuing, you've got to get yourself ready.
Get your home in order.
Get your team in order.
And here's the thing.
People write me and say, I'm by myself, Dan.
I don't have friends.
I don't have family.
The church is too far away.
Make sure you're content.
Make sure you're happy.
Make sure you're getting exercise.
Make sure you're eating well.
Make sure you're doing everything you can.
And again, it's just not abusing things.
It's getting outside, getting a walk.
It's taking care of yourself physically and mentally.
And again, there's like-minded people that are like us that believe that something is coming and you have to get yourself ready for this.
And, you know, I could get real deep in this financially.
I get real deep with the metals and the stock market.
But I really think that there's going to be a point in time where we're going to have a serious banking problem.
And you've got to have yourself ready.
What if you lived in Florida and right now they're a week into this and they don't have banks after a week?
And some of these cities are not, it's two to three more weeks before they're going to have banking.
What do you do during that time?
I mean, I would be okay.
And just because we plan for stuff like this.
I mean, I've got quarters for the parking meters for a rainy day.
We've got crazy stuff like that that we've just done.
And it's not, you know, $25,000.
You don't need a lot of money.
You need to be ready for this stuff, guys.
And it's that simple.
And make sure that you have protection and that you work on your security and your security plan with your family members and loved ones so you have a plan in case something goes on.
It goes wrong because that day's coming someday, unfortunately.
Yeah, yeah, it is.
And I would just add, and I know you agree with this, Dan, and maybe we'll get a chance to talk about this as it unfolds.
But also, folks, if you preserve your assets into things like gold and silver, there's going to be a day when you're going to be able to purchase assets at pennies on the dollar.
I mean, ranches, vehicles, construction equipment, hotels, restaurants, factories, businesses, you name it, you're going to be able to walk in there with gold coins and buy at the price of a lifetime.
Mike, here's the thing that we saw in 2008 and what we're seeing now again, is that because people, Orange County is an affluent county.
You have a lot of people with toys.
We're already starting to see the golf carts on sale.
We're already starting to see the electric bikes on sale.
We're seeing, you know, jet skis, trailers, things like that already that people need to unload because they need money.
I spoke with one of the pawn shops this last week.
They're starting to see the high-end watches get pawned again for payroll.
Hey, I got to make payroll and I got it.
You know, here's two watches.
What am I going to get for it?
That day is coming sooner rather than later.
In 2008, I wasn't ready for that.
I was fighting through it.
Now I'm ready for it.
And it's not here today, but it's coming, guys.
And everything is going to go on sale, and you're going to get tremendous deals that are going to come out of this.
And you're not going to have to compete with other buyers who lost all their money in the banking system because that's gone.
Yes, absolutely.
That's the thing.
If you have assets outside the system, and it could be gold and silver, it could be maybe some crypto does well.
I don't know.
I'm not big into crypto.
You know what?
The crypto thing hasn't been answered for me yet.
And again, Mike, we could do this for another two hours.
Yeah, true.
The Department of Treasury today issued a report saying that we're against crypto.
We think it could actually devalue our currency and cause a financial collapse.
That is complete shenanigans because the Department of Treasury and the Fed is creating their own cryptocurrency.
Right, right.
JP Morgan has said, you know, Jamie Dimon, that fat cat has said, hey, listen, you know, I don't believe that these things have any value.
They're not backed by anything.
You will see the JP Morgan coin at some point.
Mark my words, that guy will have his own coin that you should buy, but the other cryptos that you're buying right now are not good.
So it's ridiculous.
You have to look through the fog and through the steam that's being blown at you and understand that you have to prepare every day.
And just a little bit at a time.
Food, water, everything.
Have it all.
That's right.
And live within your means, folks.
Get out of debt.
Understand compounding interest.
Understand the rule of 72.
Get it all nailed down.
So, Dan, this has been fascinating.
I know we're going to do this again.
Let me just one more time plug your channel, folks.
We're trying to help Dan beat the economic ninja.
And the way to do that, if you ever visit YouTube, go to Dan's channel.
It's called I Allegedly.
And then go there and I think you click subscribe to the channel, right?
That's how it works?
Yes, absolutely, Mike.
That's it.
Okay.
Yeah, I should know that.
It's just...
I don't really have an account on YouTube.
I truly appreciate this, and I am so grateful for this opportunity.
And, you know, I would love to come back here and do this again.
I just, again, the message, guys, what you're being told is you've got to be ready for this because Lehman Brothers, you know, Jim Cramer was telling everybody, buy, buy, buy, buy, buy, the company's solid, and then the next day the company was worth nothing.
Right.
But with some of these stocks, and you're going to see this again, but you've got to look at the future.
You've got to look at, you know, gold, silver, uranium, things that people are going to be invested in regardless of what's happening.
You've got to look at things like that.
So, you know, good luck to everybody.
Mike, thank you so much for having me on.
And once again, guys, I allegedly, I'd love to have you there.
I'm producing videos six days a week right now.
And I just...
There's not a lack of news.
Let's put it that way.
Yeah, definitely.
Okay, Dan.
Stand by as I stop the recording because I want to mention something after this.
But folks, I hope you enjoyed this very informative video and definitely check out I Allegedly.
You will learn more every single day.
It's one of the few channels that I actually enjoy watching on YouTube.
It's fun to watch and very informative.
Thanks for listening, folks.
I'm Mike Adams here.
Brighteon.com.
Take care.
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.
You can download it for free by subscribing to the naturalnews.com email newsletter, which is also free.
I'll describe how the monetary system fails.
I also cover emergency medicine and first aid and what to buy to help you avoid infections.
So download this guide.
It's free.
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