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| Time | Text |
|---|---|
| So there may be a crypto bust, but after the bust, the big ones will stay in place just like the dot-com bust. | |
| Everything crashed in 2000 in March, but hey, after that, you saw it grow again. | |
| So we see this cryptomania as not a bubble, but it's really a lot of the 21st century. | |
| Okay, so much going on. | |
| I've got hundreds of things I could ask you about, but what's front and center for Gerald Salente? | |
| Well, we have our top trends of 2018 we put out, and I just want to run through a number of them quickly. | |
| You know, this whole cryptocurrency craze actually ties into a lot of what you're doing. | |
| And you're an alternative media bringing different news and different information to people. | |
| And that's why a lot of people are going into cryptocurrencies. | |
| It's a populist movement in many ways. | |
| You know, they say this thing is a fraud. | |
| It's like a tulip bubble. | |
| And guess what? | |
| You can't eat tulips. | |
| You only can look at them. | |
| They're good for nothing else. | |
| This using this for exchange of currency. | |
| This is using for transactions. | |
| This is real money in a lot of ways. | |
| And you're seeing big names getting into it. | |
| Like Thiel yesterday announced, what, millions of dollars invested in them. | |
| 80% of the actions coming from Asia, not the United States. | |
| People are looking at the fiat currencies. | |
| Again, look at the budget deficit in the United States. | |
| How about the one over there in China? | |
| A debt-to-GDP ratio of 300. How about Japan? | |
| Hey, I'm going to sell you a 10-year bond, Alex, and I like you so much, I'm going to give you negative yields. | |
| So that means in 10 years, I'll give you less back than you gave me. | |
| So people see the fraud that's going on. | |
| So there may be a crypto bust. | |
| But after the bust, the big ones will stay in place just like the dot-com bust. | |
| Everything crashed in 2000 in March. | |
| But hey, after that, you saw it grow again. | |
| So we see this cryptomania as not a bubble, but it's really a lot of the 21st century. | |
| You go to China, Alex, people aren't using cash or credit cards. | |
| Bap, it's your app. | |
| That's all it is. | |
| Now, even to the point of facial recognition, the world is going cashless. | |
| There's no coin of the realm to hang on to. | |
| So people are cashing in to the cryptos that they think will bring in the most amount of cash. | |
| Well, when we see it being the biggest thing in the world compared to even Goldman Sachs and hundreds of new ones coming online. | |
| And the central banks are fiat currency to begin with as well. | |
| It shows competition. | |
| And as all these big billionaires start weighing in, I agree. | |
| There's going to be booms. | |
| There's going to be busts. | |
| Some are going to end up going belly up because of fraud. | |
| But at the end of the day, you can see that this is the system of the currency of the singularity of the future. | |
| Yes. | |
| Another trend, because again, people subscribe to us because they want to invest and make different decisions. | |
| This whole thing about electric cars, forget it. | |
| It's not going to happen now with the technology that they have. | |
| Last year, they produced 84 million cars on Earth. | |
| Total on Earth, there are only 2 million electric vehicles. | |
| They're too limited. | |
| The battery technology is 1800s technology. | |
| So all the hype the Elon Musk keeps getting. | |
| It's not a reality. | |
| China's pushing it bigger than anybody. | |
| They produced about 420,000 electric vehicles last year out of producing 24 million, less than 400,000. | |
| Because the electricity still comes from fossil fuel and in the equations it has a bigger carbon front than oil. | |
| You got it. | |
| So it's not gonna happen along with the driverless cars too. | |
| Yet people are just gonna sit in the freeway like this. | |
| How many cars did they recall last year? | |
| Hoods flying open, accelerators sticking, ignition switches up. | |
| And we already see disasters everywhere with self-driving cars. | |
| Exactly. | |
| Airbeds exploding. | |
| Wait till these computers malfunction. | |
| They're already doing it with the driver of those cars. | |
| We'll be back. | |
| Wow, Gerald Salente is on fire. | |
| Straight ahead. | |
| What are we going to hit next, Gerald? | |
| Well, how about organic cities? | |
| Let's talk about organic cities, sanctuary cities of organicness. | |
| We'll be back with Gerald Salente. | |
| Then in the third hour, Jack Posobiec, stay with us. | |
| You know, someone very profoundly once said, many years ago, that if fascism ever comes to America, it'll come in the name of liberalism. | |
| You're a f***ing white male! | |
| You're a white man! | |
| If you are receiving this transmission, you are the resistance. | |
| There is a war. | |
| It's happening now. | |
| It will decide the fate of humanity. | |
| The time to choose sides has come. | |
| We are the Resistance. | |
| We are the InfoWars. | |
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