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March 6, 2024 - Health Ranger - Mike Adams
51:46
GRID DOWN, Power Up documentary reveals frightening reality of America’s astonishing power grid vuln
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Welcome to today's interview on brighteon.com.
I'm Mike Adams, the founder of Brighteon.
And one of the most important issues that we deal with is the fragile nature of our power grid and how vulnerable we are to EMP weapons or solar flares.
And since we have this highly complex technological society, understanding how vulnerable it is to disruptions in the functioning of the power grid or electronics, This should give us a lot of cause for concern about the sustainability and the reliability of our modern civilization.
Well, today we're joined by David Tice, who's the producer of a new film called Grid Down Power Up, which features Dennis Quaid, I believe, as the narrator or one of the stars of the film.
We'll find out the details.
This film is available right now at griddownpowerup.com, and it's from Paul Revere Films, which is David Tice's company.
Welcome, Mr.
Tice.
It's an honor to have you on today.
Well, glad to be on, Mike, and it's an honor to be on your program because I know you have some of the most astute listener viewers out there.
Well, thank you for that.
We do indeed.
We reach a lot of very influential people and a lot of people who make decisions about government and finance and so on, and that's why I'm so glad to bring this issue to their awareness today.
Now, give us the big picture first, and of course I'll have a bunch of questions for you, but tell us about the film, why you felt compelled to create this film, and Dennis Quaid's involvement in the film as well.
Okay, so the film is available on YouTube right now.
We hope to have it available on Amazon soon.
It's an hour and five minutes.
We talk about four major threats to the grid.
Physical attack, cyber attack, EMP attack, and then also geomagnetic disturbance.
We are trying to alert America.
We have a facility by which people that view the film can write or make phone calls to their state legislators or federal legislators, their governor, The chairman of their state utilities commission, their state's adjutant general, as well as members of board of directors of their major utilities.
We're trying to convert this movie into a movement, and we can do that if we get all your viewers to take that action and then tell their friends.
Let's share with people why this matters.
You know, someone listening to this at first might think, well, what's the big deal?
Did you enjoy your ancestors living in the 18th century with no electricity?
Because life sucks in that way.
And in fact, it's funny because we're doing this interview today.
Facebook is down.
Snapchat is down.
YouTube is suffering outages.
The infrastructure of popular communication is down today as we're doing this interview.
So there's a sign.
So we quote from the EMP Commission, which is actually a highly credentialed commission that operated for 17 years at the behest of Congress.
And they found that if our power grid was down and out nationwide for nine months or more, as many as 90% of Americans would die.
Now, Mike, that's a big number because the most Americans we ever lost was in Galveston, I think, in the 1910s, and it was like 12,000.
You're talking about 300 million people.
Exactly.
And this is truly fixable.
In our documentary, we have people like General John Hyten, who is the former vice chairman of the Joint Chiefs of Staff, Newt Gingrich, Senator Angus King, We have Secretary of Energy Jennifer Granholm saying directly when asked on a Sunday morning talk show if our adversaries are in the grid and could they shut it down and she responded affirmatively.
So this is a big, big deal, and we need to – your viewers are the best people to get this word out.
And because we have this facility to reach out to legislators, regulators, let's make this happen.
Yeah, you know, it's really interesting that we live in a time when our Congress is debating whether to send $60 billion to Ukraine and more to Israel and more to Taiwan.
And that's not the subject of our talk today, but they're willing to send all this money out to other countries.
But where's the investment in our infrastructure and the resilience of our nation now?
Now, I believe, David, you know that fixing this problem with America's power grid, at least making it resilient against EMPs, is solvable with a few billion dollars.
Do you know roughly what's the right number for that?
We believe it's about $50 billion for EMP and GMD.
We know there is software available, kind of a cyber cloaking software that could dramatically protect against cyber attacks on SCADA systems and microprocessors that is not that expensive per substation. kind of a cyber cloaking software that could dramatically protect
We just need to wake up our regulators, essentially in our agencies, because we have solved a number of policy battles in the SIPA.
the Critical Infrastructure Protection Act, It was passed back in 2016, and we've passed an executive order back in 2019 under Donald Trump that was codified into law in the 2020 National Defense Authorization Act.
But there was a lot of delegation to DOE and DHS, and those agencies have simply not followed through.
The other problem is we have regulatory capture in that we count on FERC and NERC. It's a bit of alphabet soup here.
Those regulators have let us down.
Well, okay, so that's really interesting that you say that because in the winter of 2021, I believe it was, in Texas, we suffered a severe failure of the power grid, nearly lost the Texas grid, which is its own grid.
That was a wake-up call, and that was just due to cold weather.
But it showed that even in Texas, which is a high-energy state, lots of energy, but even Texas didn't have a reliable power grid at the time.
Now, ERCOT is what runs the Texas power grid, and they've made a lot of improvements since then.
But just recently, we had an AT&T outage that was widespread across the country, and also there was a cyberattack on a pharmaceutical...
Pharmaceutical supply company that cause outages in the ability of pharmacies to get medicines.
So we're seeing cyber attacks, we're seeing natural events, and it makes me wonder just how ill-prepared we really are.
We are so ill prepared and Ted Koppel talks about in his book Lights Out from 2015 how there's no real plan to come back from a nationwide cyber attack and our regulators have essentially been asleep at the switch.
There is technology available Something called zero ground blockers that will protect against GMD, geomagnetic disturbance.
And essentially, this is so fixable, Mike.
Yeah.
Well, that's what's frustrating about this, is that this is a problem we know how to solve, but there has to be political willingness to resolve it.
And let's get back to, you mentioned the EMP commission report that had estimated that up to 90% of the US population could die if we lose the power grid for an extended period of time.
I think it's critical for our audience to understand the methods of how those deaths occur, because it's gruesome.
This is not pretty.
The cities will stop functioning.
You won't have a water supply.
You won't have heating and cooling.
And essentially, things will erupt into chaos immediately.
You'll have people dying from cholera, preventable diseases as sewage systems fail, for example.
You'll have other people dying from violence as gangs take over certain cities, like probably Los Angeles and so on.
It's not a pretty picture, and it's all preventable.
So why are people reluctant to look at the reality here, do you think?
It is a conundrum.
I mean, it is amazing when you consider how bad it could be.
And you pointed it out well about how municipal water systems are dependent upon the power grid.
I visited the municipal water system in Dallas that serves Highland Park.
And there's no backup.
They thought about generators a few years ago and dismissed that idea.
And you mentioned wastewater.
You know, the fact that if wastewater is not taken care of, then we have these massive diseases.
And you mentioned cholera and a number of others.
And you mentioned the fact that if you have food and your neighbor doesn't and your neighbor has a 10 year old child who's starving or who's dying of thirst because human beings need water every three days.
You know, that neighbor who you might have seen on a soccer field might, you know, hold a gun to your head and say, Johnny's dying, you know, give me some food.
And therefore it can happen.
Now, people realize there's a problem.
I'm saying we need a Manhattan project.
So a lot of people saw the movie Oppenheimer that did about a billion dollars in sales globally.
That's what we need because we need this massive project.
Dr.
Peter Pry, who we dedicated the film to, wrote a book on that subject.
And it's ridiculous that we need that big of a project just to overcome bureaucratic obstacles.
And inefficiency, but that's what we need.
Yeah, that's a really good point.
You're right.
He's been sounding the alarm for many years before he passed away, and his message is dearly missed.
I'm glad you dedicated the film to him and his important work.
Now, right now, what's the easiest way that people can watch the film?
So they should go to Griddown.
I'm sorry, go to YouTube and just search for Griddown Power Up.
And we have a very comprehensive website that talks about solutions, and under the Participate tab, you can make the outreach to those individuals I spoke about.
We also have a seven-minute version of the film that if you want to get to the bottom of the four threats quickly, because it seems like we all have ADHD today, and if you want to send that to your friends, and then you can watch the whole film.
And what role did Dennis Quaid have in the film?
Dennis is our narrator, and he cares about this project, but he is becoming a nationwide spokesperson.
He has volunteered his time recently.
He has taken a trip to Austin, Texas with me, and we visited the governor's mansion and the Speaker of the House residents, as well as I've taken him to D.C. We had a showing On Capitol Hill at the Capitol Visitor Center Auditorium,
we had about 150 staffers in attendance, as well as a couple of congressmen, and four-star General Wesley Clark addressed the crowd through a surrogate.
Wow.
Well, that's fantastic.
I'm glad that it's getting out there.
What has the reaction been so far from people seeing this film and realizing this issue for the first time?
So I take the viewers, Mike, through a range of emotions.
First of all, there is shock.
And then there's disbelief.
And then there is anger.
And then there's frustration.
And then there's outrage.
And then there's a little bit of despair.
And at the end of the film, we try to bring on patriotism and a can-do attitude, and we can fix it.
But frankly, the reaction from the crowds are, wow, I did not know this.
We've got to fix this.
And so that's where we are.
Now, let's talk about solar because I've been proficient in solar energy for many years, but what I came to find out that most people do not know is that most solar systems are grid-tied systems.
So when the grid goes down, their solar goes down.
And the average solar owner does not have any clue that that's the case.
They think solar is going to work when the grid's down.
It doesn't, for most cases, unless you have an off-grid solar system, which is very rare.
And the battery technology for that is not good.
It's not well developed.
It's very expensive, not mature, not reliable.
And good luck trying to run air conditioning and things like that off of battery backup systems.
So we don't really have good alternatives.
To the power grid, unless you want to run a big diesel generator and feed it diesel fuel all day, which is a very expensive way to have power.
I mean, it works.
I have a tractor-powered diesel generator that I've used, but I can afford to buy diesel.
Not everybody can.
Exactly.
So we have a sponsor in our film, RU Solar, and they will provide a...
You can have a phone call with their consultants, and they will talk you through what's available.
And like you say, you can add...
Batteries to your system.
And I think the batteries are getting better.
And you've probably forgotten more about solar than I know, Mike, and I'd love to talk to you more offline about that.
But I think you can flip a switch and essentially get off the grid and therefore powered by your own solar with your own battery.
And it may not be perfect, but I think it is an option that will help Well, you're right.
The lithium-ion batteries are getting much better, and that's the way to go on that.
And if installed properly, like you said, with a switch to take you off the grid, To run an off-grid mode, then yes, you can use solar off-grid, and again, you're going to need a lot of batteries.
Now, the lithium ions have much better life and cycling compared to the old-style batteries, so things have improved.
But lithium isn't cheap either, and the batteries aren't cheap.
And I did the math on putting a system like that into my ranch one time, and it was...
With the batteries and the inverters and the controllers that I would need to run everything, it was hundreds of thousands of dollars.
So I was like, wow.
I mean, you know, to go full off-grid, hundreds of thousands of dollars.
So we're not quite there yet in terms of the economics, but I know that people can augment their existing power draw very affordably with solar as long as everything's working.
Yeah, and I think we will realize, you know, the luxuries, you know, that we are used to, you know, we can do without.
I mean, we need some cooling for our food, for our refrigerators, etc., But then we can read during the day and go to bed early and get by when it's hot and shade.
We can survive.
But Americans need to get right spiritually, I believe, and that they need to...
Realize that some of the conveniences are not going to be there.
And we just have to get ready.
Well, I completely agree with you.
I would reply to that With this one piece, which is that homes built in the 1960s and 70s in America were, in hot climates, let's say Arizona and Southern California and in many parts of Texas, they were built with the assumption that there was not air conditioning.
So they were built with very high ceilings and more openness, designed to let the air move through the structure, right?
Right.
But since HVAC technology became readily affordable, the homes that have been built in the decades since In order to appease the energy efficiency ratings systems, they have become sealed up boxes with very little air exchange outside the home.
So this gives them a green rating because it takes less power to cool them.
But when the power grid goes down, those modern homes, those two-story boxes, they cook.
They're ovens.
There's no airflow.
They're not habitable in places like You know, Arizona and so on.
You're going to be camping in the backyard.
Exactly.
That's a scary time.
But all the more reason we need to create this outrage.
We need to create ticked off mama bears and soccer dads.
We need a outrage like Howard Beale from the movie Network, you know, talked about where we're Pissed off, we're not going to take it anymore.
And frankly, it's simply ridiculous.
Like you said, we're spending, you know, hundreds of billions of dollars, you know, abroad, you know, nearly $100 billion to Ukraine.
And this is so fixable.
And we need to get...
We need to overcome this regulatory capture.
We need amendment of the Federal Power Act and have better regulation.
Frankly, we need a grid czar.
You know, if you watch the movie Oppenheimer, Matt Damon played the famous character General Leslie Groves, and he was essentially a badass that would break down doors.
And that's what we need to overcome this bureaucratic ineptitude.
And there are quick fixes available.
And we need that grid czar to be able to crack heads and say, let's get this fixed.
Because truly, we are at such risk, I think, in April, May and August in terms of a potential Chinese invasion in Taiwan.
Kyle Bass, who's a friend of mine, did a speech that you can find on YouTube to the Hudson Institute.
And he talked about that the current levels are such that for the Chinese to land, it would probably need to happen in April, May and August.
Right, right.
Because because of the.
The tides, the currents, everything.
Conditions, I've read about that as well.
And Kyle Bass is someone whose opinion I greatly respect, by the way.
He knows what he's talking about.
Let me ask you, David, what compelled you to get involved in this project?
Because, you know, it's a huge undertaking, as you're well aware.
Yes, it is.
And this is really my third career.
I had a career as an investment manager.
I used to run a $1.6 billion mutual fund.
I ran the Prudent Bear Fund.
And so I've been a Cassandra warning people about over-eventing.
So I have a little bit of a Paul Revere background.
And so I realized just a couple years ago that my grandkids were four, three, two, one.
Houston, we have a problem.
I realized that the probability of them having a massive solar storm that could shut down the grid was In their lifetime was a very, very high probability because there have been NASA reports that there's a 12% probability every decade that a big enough solar storm,
similar to the Carrington event, would occur that would knock out the grid.
The other contributor to my thought process was that I've had the highest-ranking Soviet spy who ever defected from the Soviet Union.
He was a GRU member, and he had consulted with the Chinese, talking about coming after the United States and actually an invasion of the United States.
Wait, are you talking about Besbinov or someone else?
Stanislav Lunev.
Oh, okay, okay.
who's written a book, Into the Eyes of the Enemy.
OK, it was.
And he testified in front of Congress with his voice disguised behind a screen.
And so that, you know, obviously had an impact on me.
And therefore, I fear.
And then you look at where we are today, Mike, with the potential for the third theater of war opening up with China, Taiwan.
And then you look at our open borders where I can't imagine how many thousands, if not tens of thousands of sleeper cells have entered our country just waiting for a signal.
Oh my.
Yeah, you've really hit upon a real sore spot for us here in Texas.
You know, we have a new law kicking in in just a few days that will allow Texas law enforcement to arrest illegals and charge them with trespass.
And the Fifth Circuit Court just reinstated that law a couple days ago.
And I've spoken with Texas law enforcement, and they can't wait to start making arrests, but it's not clear what's going to happen after that.
The jails are already full, by the way.
The jails are full all across the border states.
So I don't know what law enforcement is going to do, but that's a separate topic.
You mentioned the NASA study, 12% chance every decade of a major EMP event that could take down the U.S. power grid.
Now, roughly, that's about a 1% chance per year.
And if you think about it, I've actually covered that same study many times, and I've tried to tell people, if your civilization has a 1% chance per year of being utterly obliterated, that is a crazy unacceptable risk.
I mean, you're betting everything on this, and Every year there's a 1% chance that you lose your nation.
Are you kidding me?
We should push that risk down to one in a thousand.
You know, a couple orders of magnitude less risk is what would be acceptable.
Not 1%.
Do people realize that we're like walking on landmines every day and we can't control the sun, obviously.
Not to mention the cyber events and everything else.
So here's a different way of looking at that, Mike.
So I had to go back to my statistics books and refresh my memory on this.
So a 12% probability every decade means there's an 88% chance it won't happen this decade.
And therefore, if you want to link going forward, you don't link the 12%, but you link the 88%.
Right.
And therefore, if you're going to live...
Exactly.
And therefore, that's why I made that point about my grandkids.
Because my grandkids, I expect to live nine decades.
And therefore,.88 to the ninth power means there's...
That's a small number.
Yeah, which means there's only a 20% chance or something that it won't happen in their decade.
And therefore, there's an 80% chance it will happen.
Right.
I'm so glad to talk to somebody who understands statistics and risk.
You're exactly right.
In several decades, there's like an 80% chance that this will happen.
It's almost a certainty.
Yeah.
And that doesn't even cover the human cause risks, right?
So what you were just talking about, and I apologize for interrupting you, but I get excited when people understand statistics.
The geek comes out.
But those are the things that we can't control.
The things that are human caused may be even greater risk, such as cyber attacks or even a nuclear EMP. You know, in the news recently, it was alleged that Russia had launched some space-based nuclear weapons of some kind.
Did you see that?
Yes.
Mike, I've followed you for a long time and so respect your acumen and the way you connect dots.
So I truly think this is just a connect-the-dots exercise.
I mean, you look at...
How much Iran hates us.
We look at what Xi has said from China, how he wants to dominate.
We know he wants to be the greatest ruler in Chinese history, and that's going to involve reunification with Taiwan.
And therefore, it's obvious that with all these potential sleeper cells, I mean, it's so obvious that something's coming.
Yeah.
Oh, actually, on that point, news broke today from a lawsuit regarding a FOIA request that the Biden administration has flown 320,000 illegals into the United States to bypass the border.
Flown them into...
It's a straight-up act of treason, in my view.
I don't know any other way to describe it.
The officials in this administration need to be simply arrested and prosecuted for crimes against the United States of America, as far as I can tell.
But that's not going to happen since they're in power.
So things are just going to get worse.
I'd just say, watch the film, tell your friends.
I hope your viewers will, after they utilize the participate tab, and you can actually add to those pre-written letters.
You can actually make phone calls and get the...
As an example, Ted Cruz's, Chuck Schumer's voice message.
I'm sorry to put those two in the same sentence.
I shouldn't have done that.
They are occasionally in the same room.
They're on the same panels.
But excellent point.
This is about taking action to encourage our federal government to do something about this.
Exactly.
And then tell your friends, you know, please send the link to 50 of your friends.
This can create a movement.
But unfortunately, not enough people have heard about it yet.
And it's such an honor to be on your program.
Well, you know, it's also people, they don't realize how valuable electricity is until they lose it.
Everything just seems automatic.
Oh, the computer works, the refrigerator works, the air conditioning works, the plumbing works, the sewage system works.
And then if you start to lose power in a city, all of a sudden very quickly it becomes apparent how valuable that power was, how cheap electricity was.
To pay 10 cents for a kilowatt hour of power, that's the bargain of a lifetime if you think about it.
It does so much for you.
Yeah, it really is.
So, Mike, I know people have accused you in the past of being a little conspiratorial, and they have me as well.
And I'm proud to take that banner, because I know I'm right, you know, and to believe.
But you look at this Barack Obama finance movie, Leave the World Behind, you know, that just came out in December on Netflix, that was a high-ranking You know, highest ranking show.
And they talk about, you know, they didn't specifically talk about the grid was out, although New York City looked pretty dark in the background.
Yes.
And they talked about how, you know, planes were crashing and oil tankers were crashing onshore.
And we had Teslas all going to the same place and crashing.
I mean, That was essentially the result of SCADA systems and microprocessors inside navigation systems being distorted by a cyber attack.
Is that a signal from some people saying this is coming?
I tend to think so.
That's really interesting.
I did watch that film, and I even did a podcast on it.
I think it's important for people to watch and understanding the foreshadowing that was in that film.
And you notice, too, how they portrayed the Kevin Bacon character as kind of a redneck prepper, survivalist person who was the bad guy for saying, I think, no, you can't have my food, essentially.
Yeah.
That kind of attitude, you know, like, look, I prepare extra to help through local churches and so on as much as I can.
We do routine donations, but there's a limit.
You can only do so much.
And if other people haven't prepared, a sense of desperation is going to creep in very quickly, or starvation.
And you know, David, starvation changes people's personalities.
You know, you spend three weeks without food, you're not the same person.
Yeah, it certainly did.
And so you mentioned earlier, Mike, about this AT&T outage.
I found it interesting, I'm sure you heard this, where Eric Prince, the founder of Blackwater, was on a David show, and he estimated with a 70% probability in his mind that that was a Chinese attack as a test run.
Really?
Well, if that's the case, then China was able to confirm that they have mapped out our vulnerabilities.
Yeah.
And now you have the Facebook today.
So I think we're getting closer.
And, you know, just God bless America.
Well, God bless Texas as well.
I have a Texas flag here and a Texas Rangers pin on.
But you met with the governor of Texas, you mentioned.
And...
Texas has its own power grid, which is unique across the United States.
Do you have any indication that Texas is working to harden its own power grid?
So Centerpoint Energy, which is the largest utility in Houston, cares about this.
And we mentioned this in the film where a senior vice president, John Houston, actually listened to one of Bob Hall's He failed legislative approaches.
This was maybe four or six years ago, and he got his engineers to invent an EMP protection.
So there is talk that they plan on implementing this EMP protection for 100% of their substations.
So I'm very proud of them.
But in terms of Texas, generally, we still haven't passed a bill, you know, with four different failures.
And that was the result of a bit of a stalling mechanism that some of the leadership in the Texas legislature can execute.
This grid protection bill passed the Senate unanimously, and it never came to a vote in the House.
And so we tried to make outreaches to the governor and to the speaker, but we need to do a better job this next session in 2025, and I hope to get something done there.
Yeah, because when the lights go out, it's too late at that point.
And restarting a grid from nothing, from a blackout state, is incredibly complex and would take probably years to get...
Let's say if Texas lost its power grid, wouldn't it take years to get Texas back online?
There's something called a black start, which is the process to bring it back.
Frankly, it's never been executed.
There are conceptual game plans and procedures how it should be done, and you need some power from an outside source to create the spark.
We're hopeful that could happen, but it hasn't been done before.
Wow, so we're betting our lives on a theory.
If something bad does happen, how do we restart?
From what I'd read before, they would have to start with small areas, like a few neighborhoods at a time.
And then add more capacity and then connect more neighborhoods.
Add more capacity, turn on another section of the grid, and so on.
And it would be a slow process.
And there's a lot of equipment, as I understand it, perhaps you know more than I do on this, but if the grid fails, there's a lot of equipment that is permanently damaged and has to be replaced.
Have you heard that as well?
Oh, that's definitely the case.
And if we're talking about a GMD or an EMP, we're talking about sensitive electronics.
Or if we're talking about the cooling systems to be able to protect some of the motors, then if they...
You know, they are permanently damaged and just have to be replaced.
So our film talks a lot about transformers and Peter Pry, you know, has labeled them more the Achilles heel in terms of, and we do not make enough of these high voltage transformers in the United States.
That's one of the things that we need.
We need a, just like we have a strategic oil reserve, we need a strategic transformer reserve.
I'm really glad you brought that up because I remember reading that some of those transformers are incredibly large.
They have to be delivered even by rail.
They're so heavy.
And we don't make them.
Some of them, I understand, are made in China and aren't some also made in Europe?
Where do they come from?
So the primary two countries where they're sourced is South Korea and Germany.
We have a small...
Manufacturing capability in the United States, we need a Defense Production Act.
That's one of the things that we're lobbying for in DFC, you know, which is what we did for the vaccine.
Although I know you and I both are opposed to what happened with the vaccine.
But we need a Defense Production Act.
We need more domestic manufacturing capability.
And they are, there's 400 some Transformers made in China, and there are a number that are within 50 kilometers of military bases, and that's simply unfathomable and unacceptable.
All right.
Let me remind our viewers, the website is griddownpowerup.com, and there's a button there where to watch.
You can find this on YouTube, and I hope at some point we would love to partner with you to run this on Brighttown University or some of our other platforms as well when the time is right for that, David.
We want to help you spread the word about this and sound the alarm.
Let's talk to them all.
Okay.
Yeah, absolutely.
If you'll stick around after this, I'll give you my number and we can communicate that way.
Is there anything else you want to add before we wrap this up?
I would just say, let's get this done.
And at the end of the movie, we've got a patriotic conclusion.
And I say, choose power up, not grid down.
Yeah.
America did overcome, you know, some massive obstacles in the past and when our back was up against the wall.
I mean, we did the space program.
We had the Manhattan Project.
We converted our manufacturing economy to an arsenal of democracy to defeat Nazi Germany.
We ended up overcoming, you know, racial segregation with the civil rights movement.
We can fix this.
Absolutely, we can.
The American spirit is strong.
We have great innovation if we're not held back by government policies.
Actually, I have one more question for you since you ran a mutual fund, you said.
During those years, did you ever imagine we would be at $34 trillion in government debt with $1 trillion added every 100 days?
I never imagined that.
No, I never did.
I'm a subscriber to the Austrian School, and so the Austrian School of Economics, which is Ludwig von Mises, Murray Rothbard, Joseph Schumpeter, and essentially a key tenet of the Austrian School is the magnitude of any decline is proportional to the excesses created during the prior boom.
And therefore, if you look at As you mentioned, that $34 trillion of debt, and you look at, I mean, the excesses are unfathomable, and therefore, that's going to tell you the magnitude of a potential decline.
You know, I'm a follower of Austrian economics as well, but, of course, that's been replaced in the minds of our current policymakers by MMT, which I call Magical Monetary Theory.
That supposes that money printing has no consequences, that governments can print endless amounts of money, it will never cause inflation or devaluation of the currency, and that effectively there's no limit to how much money printing can take place.
And it seems like this is exactly what the current administration has been following.
I mean, we're at a trillion dollars almost every quarter now.
It seems to me like this is not sustainable, which means by definition it must end.
I know that's not what we called you on here to talk about, but do you have any idea of how this ends?
So what's interesting, Mike, is I think there's going to be, you know, a combination effect of what's going on geopolitically and economically.
And we know our adversaries cannot stand U.S. hegemony and how you mentioned those massive debts.
But then, you know, we still rule the world economically and our dollar is relatively strong.
And therefore, I think it's likely, and China and Russia have said this, that they would like to bring down U.S. hegemony.
And this strong dollar has been hell on emerging nations.
And the BRICS are getting stronger.
A new chairman of the BRICS is Russia's guy.
They're likely to, you know, combine, you know, likely an attack on U.S. critical civilian infrastructure, potentially aircraft carriers down the road, and then suddenly we're not going to look nearly as strong on the economic side.
Yeah, exactly.
That's a really important point.
Our ability to project military power is actually tied to the global perception of faith in our currency.
And right now, show my screen, gold is at $2,128.
That is basically a vote of non-confidence in the dollar.
And I think this is the record high, or it's very close to it.
Yeah, very close.
I think we got to 2150 for about 15 minutes, you know, like a month ago.
But this is very close.
Yeah, gold is spiking.
Bitcoin is spiking.
Food prices continue to rise.
So dollar devaluation is here.
And it's kind of like one of my concerns even about getting back to your movie is that our government's going to be so preoccupied in survival mode, trying to survive like a debt collapse or World War III or something like that, that nobody's going to have any bandwidth to deal with the power grid.
You're exactly right.
And we know that's part of the plan.
Wow.
All right.
Well, anything else you want to add, David, before we wrap this up?
Okay.
Last thing is, Mike Adams is the guy.
So you make it happen.
And so, great show.
And your listeners are lucky to have you.
Well, thank you.
Gosh, I appreciate hearing that.
But, you know, on this topic, you're the guy.
And it's your movie that's making waves out there.
Let me add one thing.
Your movie should appeal.
I mean, you and I have been talking here.
We tend to be more conservative on fiscal issues and so on.
But the power grid affects everybody, regardless of your politics.
I mean, Democrats need power as much as conservatives and independents, right?
So we do have a, you know, 45 seconds in our movie talking about California, and we talk about how this is a bipartisan cause.
So your listeners, viewers can send this to your liberal friends because California back in 2018 passed a unanimously two bills.
Here are the legislatures, probably 75 percent Democrats, but imploring U.S. Congress and the U.S. president to protect our power grid against EMP and GMD.
Yeah, but it doesn't nothing's nothing's happening yet on the ground.
But I understand this is a step in the right direction.
It ended up being a hollow...
Yeah.
And they were supposed to set up a, you know, for one of their internal departments for recovery from disaster.
They were told to prepare against EMP and GMD, and they really have done nothing in that area.
And you know, the entire city of Los Angeles is fed by water that's pumped over a mountain using electricity, a power grid there that's powered, I think in large part, For those pumps, natural gas actually powers that.
So if you lose the grid, you lose water in LA. How many hours would it take for LA to descend into absolute chaos if the power grid went down?
Pretty damn fast.
Yeah.
Three days without water.
Remember, that's part of the rule of three is three days without water.
And I think the cops, you know, as much as we support law enforcement, I think they would give it a good try for about 24 hours, and then they'd say, this is beyond hope.
We're going home to protect our families.
You know, it's about it.
We mentioned that in the movie, and we saw that happen in Watts, what, two decades ago.
Yeah.
All right, well, David, we appreciate your time and your film, and you're doing some really important work, and I hope that this has a big impact.
We'll do our part to help you spread the word.
Thank you so much, Mike.
All right.
Thank you, David.
And stand by.
I'll give you my number after this.
Great.
Thank all of you for watching.
The website, again, is griddownpowerup.com.
And you can also find this film on YouTube and other platforms.
And I'm going to talk with David about seeing how we can get it onto Brighton as well.
Share this interview also.
Remember, everybody...
Needs electricity, except perhaps the Amish are not as dependent on it, which may not be an unwise thing from time to time, you know?
Or the Mennonites, they know how to live without electricity.
But for everybody else, your life is going to suck without power.
And 90% of Americans probably won't survive it if it happens for an extended period of time.
So get on top of this issue, take action, encourage lawmakers to solve this problem, which is solvable, with power.
Money and effort.
This is one problem we can resolve.
And again, post this interview on other platforms and channels.
And thank you for watching today.
I'm Mike Adams, the founder of Brighteon.com.
Take care.
Our interviews and content are made possible by your support for HealthRangerStore.com.
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God bless you.
God bless America.
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.
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