WEBVTT - The New World War: Cyber Pandemics 0:00:00.040 --> 0:00:02.520 Hello, and welcome back to another episode of the Markmas Show, 0:00:02.520 --> 0:00:05.600 where we talk about the decentralized revolution, talking about the 0:00:05.600 --> 0:00:07.920 way the world is changing or right before our very eyes, 0:00:08.000 --> 0:00:11.360 as we go from a world of centralization to decentralization, 0:00:11.360 --> 0:00:14.120 and we look at it through the lens of politics, finance, 0:00:14.240 --> 0:00:17.479 and technology, and of course that technology is bitcoin, the 0:00:17.600 --> 0:00:21.160 decentralized technology that is changing the world. And of course 0:00:21.360 --> 0:00:22.840 you know, each and every week I try to bring 0:00:22.840 --> 0:00:27.080 to you a different perspective. I try to bring to you, 0:00:27.080 --> 0:00:29.640 you know, some stories, some narratives, some ways to look 0:00:29.640 --> 0:00:32.840 at stories differently, so you can start to expand your mind, 0:00:32.920 --> 0:00:34.960 expand your thinking, and start to look at things differently. 0:00:35.000 --> 0:00:36.800 I want to bring to you some of the latest 0:00:36.880 --> 0:00:40.240 breaking news so you can see this happening in real time. 0:00:40.800 --> 0:00:42.360 And that's what I have for you today. I have 0:00:42.479 --> 0:00:45.280 some really big news this week. My job gets easier 0:00:45.280 --> 0:00:47.120 and easier because there is so much going on in 0:00:47.159 --> 0:00:49.080 the world that you need to be aware of. And 0:00:49.400 --> 0:00:50.839 the reason why you need to be aware of it 0:00:50.880 --> 0:00:55.720 is because we're always looking for confirmation of where we're going. 0:00:56.320 --> 0:00:57.720 So if I gave you directions how to get to 0:00:57.720 --> 0:01:01.040 my house, I might say you know, uh, drive down 0:01:01.120 --> 0:01:03.440 the highway until you see this sign, and then go 0:01:03.520 --> 0:01:05.600 down until you see this blue fence and then make 0:01:05.600 --> 0:01:08.000 a left, and then at the mailbox to make a right. 0:01:08.400 --> 0:01:10.520 And so and I would say, eventually you're gonna get 0:01:10.520 --> 0:01:12.520 to this location, get to my house, or get to wherever. 0:01:12.959 --> 0:01:16.440 And so as you're driving, you're constantly looking at the 0:01:16.480 --> 0:01:18.880 signs to make sure you're continuing to go the right way, 0:01:19.400 --> 0:01:23.640 and you're also um looking to see if, um, you know, 0:01:23.680 --> 0:01:29.600 if you're getting closer. And so we have these ideas 0:01:29.600 --> 0:01:31.880 of where the world is going, and we're looking for 0:01:32.200 --> 0:01:35.240 either confirmation confirmation that we are going that way or 0:01:35.280 --> 0:01:37.560 we're going somewhere different. It's very similar on how the 0:01:37.600 --> 0:01:40.520 intelligence agencies like the FBI would look at threats. And 0:01:40.560 --> 0:01:42.759 so they might say, you know, here's three or four 0:01:42.800 --> 0:01:47.080 potential threats for this event. Um, you know, there could 0:01:47.080 --> 0:01:49.560 be a bombing, there could be a shooting, there could 0:01:49.560 --> 0:01:52.160 be uh, you know whatever. Right, so there's there's different 0:01:52.160 --> 0:01:55.200 threats for these for these for this event, if this 0:01:55.280 --> 0:01:58.080 was gonna happen, then this, this, this, and this would 0:01:58.080 --> 0:02:00.320 have to happen. But if this thing was to happen, 0:02:00.360 --> 0:02:03.000 then it would be this, this, and this, and then 0:02:03.120 --> 0:02:04.840 because they don't know exactly, not a Cristal ball. And 0:02:04.840 --> 0:02:06.280 so what they're gonna do then is they're gonna sit 0:02:06.320 --> 0:02:08.120 back and they're gonna watch. And as they start to 0:02:08.120 --> 0:02:11.000 see these certain events happening, they start to show them 0:02:11.040 --> 0:02:14.760 which direction that we're going, which potential outcome would be reached. 0:02:15.240 --> 0:02:18.519 And so, if we are going into a decentralized world, 0:02:18.720 --> 0:02:20.720 like I believe we are, I believe that's what history 0:02:20.760 --> 0:02:23.839 shows us, or we're not, we want to know are 0:02:23.880 --> 0:02:25.960 we going that direction? So we look for these signposts, 0:02:25.960 --> 0:02:29.080 and we can see them everywhere. They're all over the place. 0:02:29.160 --> 0:02:31.760 One of the signposts that I see all over is 0:02:32.680 --> 0:02:37.240 the world seemingly breaking down before our very eyes. If 0:02:37.240 --> 0:02:40.280 you've read the book Atlas Shrug, then you know what 0:02:40.280 --> 0:02:42.760 I'm talking about. You haven't. On highly recommended. I Rand 0:02:42.800 --> 0:02:45.079 wrote it um. It's a big book. It's highly worth 0:02:45.080 --> 0:02:48.440 to read, and talks about how as government gets big, 0:02:48.520 --> 0:02:51.920 it gets oppressive. It starts to restrict the free markets 0:02:52.000 --> 0:02:55.799 which create all the all the development technologies, and as 0:02:55.840 --> 0:02:58.160 it continues to restrict them, you get less and less 0:02:58.280 --> 0:03:02.440 entrepreneurs participate in society. They start going and creating their 0:03:02.480 --> 0:03:05.440 own society, and that society breaks down. And of course, 0:03:05.480 --> 0:03:08.440 so we can see this all over the place. Uh, 0:03:08.480 --> 0:03:10.440 and there are signs to show this. Now, there's a 0:03:10.440 --> 0:03:13.120 couple of things that I saw, one of which is 0:03:14.040 --> 0:03:17.960 um cyber pandemics. Now, is this a sign that society 0:03:18.000 --> 0:03:21.640 is breaking down because entrepreneurs aren't participating, or is this 0:03:21.720 --> 0:03:25.200 a sign that we're at the end of an empire 0:03:25.280 --> 0:03:27.440 where basically the best way to get ahead is to 0:03:28.160 --> 0:03:34.079 steal and manipulate, or is it maybe intentionally being done 0:03:34.240 --> 0:03:37.600 in a way to get us to act on something. Well, 0:03:37.680 --> 0:03:39.600 I don't know the answer to that, but what I 0:03:39.640 --> 0:03:42.080 do know is that these things are happening, and it's 0:03:42.160 --> 0:03:45.160 very coincidental that at the very same time the World 0:03:45.200 --> 0:03:50.240 Economic Form is meeting talking about the risks that we 0:03:50.360 --> 0:03:54.200 face because more cyber we're going to face a cyber pandemic. 0:03:54.320 --> 0:03:58.040 So cyber attacks are going to happen so big and 0:03:58.080 --> 0:04:01.040 so frequently it becomes so bad it's gonna be a pandemic, 0:04:01.320 --> 0:04:05.440 a cyber pandemic. And so since this is going to happen, 0:04:05.560 --> 0:04:07.960 and because it's gonna be so bad, then we need 0:04:08.000 --> 0:04:10.560 to do something about it now. And what would that 0:04:10.600 --> 0:04:12.360 thing be, Oh, yeah, you and I, we should give 0:04:12.400 --> 0:04:15.000 it more of our freedoms. What freedom should we give up? Well, 0:04:15.400 --> 0:04:17.760 we need to give up any of our freedoms that 0:04:17.800 --> 0:04:22.120 would allow us to use the Internet anonymously. So they 0:04:22.200 --> 0:04:26.600 wanted to be like China. In China, you have to 0:04:26.640 --> 0:04:31.599 be verified before you can use the internet. Being able 0:04:31.640 --> 0:04:35.480 to use the Internet anonymously puts everybody in danger, and 0:04:35.520 --> 0:04:37.560 you don't have the right to put others in danger. 0:04:37.680 --> 0:04:42.160 Don't be so selfish. Who cares about your own personal privacy? 0:04:42.240 --> 0:04:45.599 Think about the greater good. You stay in private puts 0:04:45.640 --> 0:04:50.000 me in danger, and you don't have that right. Being sarcastic, 0:04:50.240 --> 0:04:52.520 I'm not really being sarcastic. That's what they say. I 0:04:52.560 --> 0:04:57.719 don't agree, or maybe I do agree, It doesn't really matter. 0:04:58.320 --> 0:05:01.960 The point is is that a greater good is doing 0:05:02.040 --> 0:05:05.560 less harm. So for the couple of percent of people 0:05:05.720 --> 0:05:09.640 that want to potentially hurt things, that's bad. I don't 0:05:09.680 --> 0:05:13.800 want terrorism, but at risk of putting of the population 0:05:14.360 --> 0:05:17.360 through hassle, trouble, and even more danger, I don't think 0:05:17.360 --> 0:05:19.600 it's worth that. And so what am I talking about? 0:05:19.640 --> 0:05:22.240 So they what they propose is that everybody has to 0:05:22.240 --> 0:05:25.160 put an idea in. They have to be verified before 0:05:25.240 --> 0:05:27.680 they can use the web. That way, if you say 0:05:27.760 --> 0:05:30.320 mean things, they don't like or approve. They know who 0:05:30.360 --> 0:05:33.560 you are, but they believe if you give up your 0:05:33.600 --> 0:05:38.359 privacy then they can control that. Now there's the carrot approach, 0:05:38.400 --> 0:05:41.080 which is how do we incentivize people to do that? 0:05:41.800 --> 0:05:44.440 And then there's the stick approach, how can we force 0:05:44.560 --> 0:05:48.520 them to do that. We've been seeing them talk about 0:05:48.520 --> 0:05:51.120 this ramp up of cyber attacks, and yet all of 0:05:51.160 --> 0:05:54.120 a sudden, here they are. I saw this week, we 0:05:54.160 --> 0:05:58.760 saw Young Brands says that nearly three restaurants in the 0:05:58.880 --> 0:06:02.400 UK were impacted due to a cyber attack. Young Brand 0:06:02.480 --> 0:06:05.839 said late on Wednesday, at ransomware attacked or impacted certain 0:06:05.880 --> 0:06:07.880 information technology systems of the company, which led to the 0:06:07.880 --> 0:06:11.760 closure of nearly three hundred restaurants in the UK for 0:06:11.880 --> 0:06:16.320 a day. It's a big deal. Now A side note, 0:06:16.320 --> 0:06:20.120 funny coincidental. Young Brand owns Pizza Hut and Taco Bell. 0:06:20.600 --> 0:06:22.720 They didn't specify which restaurants were impacted. I just think 0:06:22.720 --> 0:06:25.520 it's funny. It's Pizza Hut. Um. If you don't understand 0:06:25.560 --> 0:06:29.200 the relevance of that in the very first purchase of 0:06:29.240 --> 0:06:32.680 the Internet was done and it was at Pizza Hut, 0:06:34.120 --> 0:06:37.360 and I think two thousand nine or two two nine, 0:06:37.440 --> 0:06:40.960 I think the first purchase with bitcoin was done and 0:06:41.000 --> 0:06:43.680 it was for pizza. And now we have the cyber 0:06:43.800 --> 0:06:46.560 taxs being done at pizza joints. Something about pizza and 0:06:46.560 --> 0:06:49.440 hackers and computer nerds. I guess I'm not sure you 0:06:49.480 --> 0:06:51.000 know about that. Let me leave me a comment, let 0:06:51.000 --> 0:06:52.800 me know. But it says that KFC said there was 0:06:52.839 --> 0:06:56.640 no evidence of customer databases were stolen, even though data 0:06:56.720 --> 0:06:59.400 was taken from the company's network, and so this seems 0:06:59.440 --> 0:07:03.560 to be ramp being up. Now. Some of these ransomware 0:07:03.600 --> 0:07:07.880 attackers has to be paid in Bitcoin, so they might 0:07:07.960 --> 0:07:10.760 have you believe that it's bitcoin's fault. Never mind the 0:07:10.760 --> 0:07:13.240 fact that they've been doing these long before bitcoin. We're around, 0:07:13.760 --> 0:07:15.720 uh more of these have been paid off in dollars 0:07:15.760 --> 0:07:17.600 and I've never been paid in bitcoin. But they may 0:07:17.640 --> 0:07:21.240 tell you it's been bitcoin's fault, but I don't want 0:07:21.240 --> 0:07:22.800 to point into that. What I want to talk about 0:07:22.880 --> 0:07:27.880 is that this is coincidentally gaming gaining steam at the 0:07:27.960 --> 0:07:30.400 same time as the WEF is warning us that we 0:07:30.440 --> 0:07:33.080 need to give up our privacy so they can have 0:07:33.120 --> 0:07:36.400 more control to prevent us from this exact type of thing. 0:07:37.080 --> 0:07:40.160 You might also know, last week we saw the f 0:07:40.320 --> 0:07:42.520 a A in the United States. The f A shut 0:07:42.600 --> 0:07:45.720 down all flights at the same time. It was the 0:07:45.840 --> 0:07:50.680 largest shut down, the largest disturbance of flights in history, 0:07:52.120 --> 0:07:54.800 and supposedly they had a glitch in the system and 0:07:54.840 --> 0:07:58.720 the glitz forced them to shut it down. Now, Pete Buddendog, 0:07:59.120 --> 0:08:02.600 who's in charge of the Transportation Secretary, he says that 0:08:03.960 --> 0:08:06.640 it could have been a cyber attack. That could have 0:08:06.680 --> 0:08:08.680 been we don't know. They haven't come out with that yet. 0:08:09.960 --> 0:08:12.679 But what's coincidental and I wasn't aware of this until 0:08:12.680 --> 0:08:16.640 just the other day, is that just before or I'm sorry, 0:08:16.680 --> 0:08:20.920 a week two weeks later after the fight attack happened. 0:08:21.240 --> 0:08:24.720 The same thing happened in Canada. Their flight system was 0:08:24.720 --> 0:08:27.160 attacked as a matter of fact, and it has also 0:08:27.240 --> 0:08:30.280 been done in the Philippines as well. And it's almost 0:08:30.320 --> 0:08:34.640 like these cyber attackers are attacking our core critical infrastructure 0:08:35.000 --> 0:08:39.360 like transportation, like flights. Now, when that happens, it causes 0:08:39.679 --> 0:08:43.120 billions of dollars of loss, hundreds of millions of people, 0:08:43.160 --> 0:08:45.120 as lives are impacted. They don't get to the meetings 0:08:45.120 --> 0:08:47.000 on time, to see their loved ones on time, etcetera. 0:08:47.440 --> 0:08:51.080 And that is the pain. It's that turning the pain 0:08:51.120 --> 0:08:53.600 dial up. It's the stick that gets us to give 0:08:53.640 --> 0:08:55.480 them our freedom. If you're just tune in and listening 0:08:55.480 --> 0:08:58.040 to the Markmas Show, we're talking about the decentralized revolution. 0:08:58.040 --> 0:09:00.840 We're talking about the way the world is ransforming into 0:09:00.840 --> 0:09:03.760 a decentralized world. We're talking about that some of the 0:09:03.800 --> 0:09:06.920 biggest news headlines of the week. I have more to cover. 0:09:06.960 --> 0:09:09.280 We're gonna get into what the economy, the markets are doing, 0:09:09.320 --> 0:09:11.160 with the stock markets are doing, what bitcoin is doing. 0:09:11.679 --> 0:09:14.760 We're gonna talk about what's happening with the war, potential 0:09:14.840 --> 0:09:17.760 nuclear war. We're gonna talk about some more disinformation and 0:09:17.840 --> 0:09:19.720 a whole lot more stuff you don't want to miss. 0:09:19.960 --> 0:09:21.800 We're back with all that moren a minute. You don't 0:09:21.800 --> 0:09:23.800 go away, We're back, all right, Welcome back. If you 0:09:23.880 --> 0:09:25.560 just tune in, you're listening to the Mark mo Show, 0:09:25.600 --> 0:09:28.520 We're talking about the decentralized Revolution, and we're running through 0:09:29.120 --> 0:09:32.240 the biggest news headlines of this week to help you 0:09:32.320 --> 0:09:35.600 understand where things are going, where we're headed and what 0:09:35.800 --> 0:09:40.599 is going on We're talking about before some of the 0:09:40.720 --> 0:09:42.360 risks that we've seen in the system, and let's talk 0:09:42.360 --> 0:09:45.040 about some some more practical stuff that's in front of us. 0:09:45.240 --> 0:09:48.280 Of course, all eyes are on the FED, They're on inflation, 0:09:48.360 --> 0:09:52.120 they're on potential recession. Now, typically we refer to a 0:09:52.200 --> 0:09:54.640 recession as two quarters of negative economic growth, but of 0:09:54.679 --> 0:09:57.720 course the Biden administration changed that definition for us, and 0:09:57.760 --> 0:10:00.760 so technically I guess, well, I don't about technically, but 0:10:00.960 --> 0:10:04.200 per Biden, we're not in a recession. But what is 0:10:04.320 --> 0:10:06.720 the real risks of the economy. Are we going into 0:10:06.720 --> 0:10:09.920 a recession? Are we going into a depression? And what 0:10:09.960 --> 0:10:11.839 does that mean for your job? What does that mean 0:10:11.880 --> 0:10:14.440 for your cost of living? What does that mean for 0:10:14.480 --> 0:10:17.480 your retirement accounts and your assets and things like that. Now, 0:10:17.920 --> 0:10:21.679 nobody has a crystal ball, and so we have opinions, 0:10:21.720 --> 0:10:24.640 we have guesses, um and things like that. There was 0:10:24.679 --> 0:10:28.000 a really big survey that was done and that was 0:10:28.040 --> 0:10:32.240 asking about will the global stock markets crashing? Now at 0:10:32.240 --> 0:10:34.040 one point, I'm gonna talk about some of the economic 0:10:34.080 --> 0:10:36.839 data and some of the market data. I do want 0:10:36.880 --> 0:10:39.120 you to keep in mind, though, that the economy does 0:10:39.200 --> 0:10:42.840 not equal the market. So in when we saw them, 0:10:42.920 --> 0:10:46.640 the economy shutdown. Businesses were shutdown, people were put out 0:10:46.640 --> 0:10:49.760 of work. We saw the stock markets hit, all asset 0:10:49.800 --> 0:10:51.760 prices a new all timized. So just rememheer. The two 0:10:51.800 --> 0:10:54.000 are not connected to key peace to keep in mind, 0:10:54.040 --> 0:10:56.760 but when we're looking at global stock markets, we can 0:10:56.800 --> 0:11:01.040 see that um the of a. Results are all over 0:11:01.080 --> 0:11:04.280 the board. Now, one thing about surveys is that if 0:11:04.320 --> 0:11:06.880 it's done through a big enough sample size, they can 0:11:06.920 --> 0:11:09.520 be extremely accurate. As a matter of fact, there's been 0:11:09.640 --> 0:11:14.200 numerous tests where they crowdsourced information. They've done them where 0:11:14.320 --> 0:11:16.040 like at a at a county fair, they have like 0:11:16.280 --> 0:11:19.080 a steer like a big bowl, and they ask people 0:11:19.120 --> 0:11:22.640 to go vote on how much that steerways how many 0:11:22.640 --> 0:11:24.800 pounds it was, and they put all their votes in 0:11:24.840 --> 0:11:27.240 a into a into a bucket and then they tally 0:11:27.320 --> 0:11:30.400 them up and they average them out. Or they'll ask 0:11:30.440 --> 0:11:32.320 people how many jelly beans are in a jar, and 0:11:32.320 --> 0:11:33.800 they'll get all these people to vote how many jelly 0:11:33.840 --> 0:11:35.920 beans in the jar, talllily them up on the average amount. 0:11:36.080 --> 0:11:39.480 And what they found is that in these crowdsourced type 0:11:39.520 --> 0:11:41.480 of environments where they're trying to guess the weight of 0:11:41.520 --> 0:11:43.520 the bowl or how many gelly beans in the dark, 0:11:44.440 --> 0:11:48.920 they get really really really close, like really close. I 0:11:48.960 --> 0:11:50.800 don't have the exact studies in front of me, but 0:11:50.840 --> 0:11:53.360 I'm talking about extremely close. Now, a couple of things 0:11:53.400 --> 0:11:56.040 about the test. Two things have to be present. One, 0:11:56.640 --> 0:12:00.880 you have to ask people who could potential we know. So, 0:12:01.000 --> 0:12:03.520 for example, if we're going to ask people to vote 0:12:03.520 --> 0:12:06.280 on how big the bull, how many pounds of the bullways, 0:12:06.480 --> 0:12:08.720 we don't want to ask like farmers and ranchers, right, 0:12:08.720 --> 0:12:10.400 We wouldn't want to ask people from New York City, 0:12:10.440 --> 0:12:13.800 for example. The second thing is that we'd want to 0:12:13.840 --> 0:12:18.319 make sure that they didn't see each other's answers, because 0:12:18.320 --> 0:12:20.199 what happens is if if they say, oh, this guy 0:12:20.280 --> 0:12:23.520 said a thousand pounds, will all go pounds? Right, and 0:12:23.559 --> 0:12:24.800 so they you want to make sure they don't see 0:12:24.800 --> 0:12:27.120 each other's answers. But when those two conditions are met, 0:12:27.320 --> 0:12:31.280 they get extremely close. Now with this survey, I don't 0:12:31.280 --> 0:12:34.400 know if those two factors were met. They're asking experts, 0:12:34.440 --> 0:12:36.959 so I'm assuming they're experts. Uh, And because it was 0:12:37.000 --> 0:12:38.959 done online, I'm guessing they did't see those answers. So 0:12:38.960 --> 0:12:41.199 I'm guessing those two things were met, so it's just 0:12:41.240 --> 0:12:42.959 gonna be accurate. I don't know, we have to wait 0:12:42.960 --> 0:12:47.640 and see. But basically, they are asked, UM, what percentage 0:12:47.640 --> 0:12:50.240 do they think stock markets will crash in the upcoming year? 0:12:52.080 --> 0:12:55.320 And they did this through thirty six countries UM. They 0:12:55.360 --> 0:12:59.560 surveyed more than twenty four thousand adults. Each country shown 0:12:59.600 --> 0:13:03.240 had at least five individuals, sampled with countries in the 0:13:03.360 --> 0:13:07.400 G seven and other major economies including China, Brazil, South Korea, 0:13:07.600 --> 0:13:11.360 UM and and sampling at least a thousand people. So 0:13:11.360 --> 0:13:14.400 so pretty decent, Pretty decent. Respondents were asked a question 0:13:14.440 --> 0:13:17.559 on whether quote, major stock markets around the world would 0:13:17.559 --> 0:13:21.000 crash in the following year, and we're asked to respond 0:13:21.000 --> 0:13:25.480 either likely or unlikely. So what they say. You may 0:13:25.480 --> 0:13:28.600 not like these answers. You may not like these answers. 0:13:28.640 --> 0:13:32.079 Let's just start at the Let's just go to the 0:13:32.160 --> 0:13:36.280 United States. We can see the global average. Let's just 0:13:36.280 --> 0:13:41.880 start with the global average. Fifty thought a market crash, 0:13:42.679 --> 0:13:47.439 UM was likely, said it was likely, thirty one percent 0:13:47.800 --> 0:13:52.079 said it was unlikely. In the United States, forty seven 0:13:52.120 --> 0:13:58.960 percent said likely, thirty one said unlikely. UM where is 0:13:59.000 --> 0:14:03.160 it lower. Take a look. Israel, thirty five percent said likely, 0:14:03.280 --> 0:14:07.880 forty two more people said unlikely. More majority in Israel 0:14:07.920 --> 0:14:11.080 said it's not likely to happen. In Hungary, the majority 0:14:11.120 --> 0:14:15.080 said not likely to happen. In China, the majority said 0:14:15.120 --> 0:14:18.960 unlikely to happen. Um. Everywhere else, they pretty much said 0:14:18.960 --> 0:14:22.240 it was more likely, more probabilistic to have a crash 0:14:22.720 --> 0:14:26.320 market crash than it was unlikely to The piece that 0:14:26.360 --> 0:14:28.640 I want to talk about here, though, is for the 0:14:28.680 --> 0:14:31.600 most part, in the United States, was forty seven percent 0:14:31.720 --> 0:14:36.720 said likely. We're kind of in this like sixty forty split. 0:14:37.760 --> 0:14:39.120 And the key piece that I want to hit on 0:14:39.200 --> 0:14:41.560 here is that there is no such thing as certainties 0:14:41.600 --> 0:14:46.240 in life. There's only probabilities. Nothing is h certain. Well, death, 0:14:46.320 --> 0:14:49.960 death certain and taxes, right, that's the old same death 0:14:50.000 --> 0:14:52.640 and taxes um. But other than that, we don't know 0:14:52.760 --> 0:14:54.680 what's going to happen. Are the market's gonna crash? Well, 0:14:56.320 --> 0:15:00.400 think they will, think they won't know? What do you 0:15:00.480 --> 0:15:04.680 think you might go? That's insane. There's a seventy chance 0:15:04.720 --> 0:15:09.320 it crashes in my mind, and perchance it doesn't. Okay, 0:15:09.600 --> 0:15:12.240 you might think it has a chance of crashing and 0:15:12.240 --> 0:15:17.640 a ten percent chance it doesn't the average. The reason 0:15:17.640 --> 0:15:20.160 why it's important is what are you doing this year 0:15:20.200 --> 0:15:23.720 with your money? If you think that the markets are 0:15:23.720 --> 0:15:25.960 going to crash, more than it would be prudent not 0:15:26.040 --> 0:15:28.040 to have money in the markets. It would be prudent 0:15:28.080 --> 0:15:31.320 to store more cash and keep that cash in something 0:15:31.440 --> 0:15:35.400 safe like cash, c d S, treasuries, things like that. 0:15:36.240 --> 0:15:39.360 But if you think there's a thirty percent chance or 0:15:39.360 --> 0:15:42.720 a fifty percent chance it doesn't crash, then you might 0:15:42.760 --> 0:15:45.160 want to start to deploy some of that money right now. 0:15:45.400 --> 0:15:48.640 Now there's there's still a forty seven percent chance it 0:15:48.720 --> 0:15:50.920 does crash, so then you would keep some of that 0:15:50.960 --> 0:15:55.920 money on the sidelines to average in in case that happens. 0:15:56.720 --> 0:15:59.200 And this way you're protected either way. So if the 0:15:59.240 --> 0:16:02.040 markets don't crash and things keep going up, at least 0:16:02.080 --> 0:16:04.360 you've taken some positions now and you have to average 0:16:04.360 --> 0:16:06.880 and as it goes higher. But if you're right and 0:16:06.960 --> 0:16:09.960 it goes down, you could average in lower and have 0:16:10.000 --> 0:16:13.600 a better entry. The key piece here is that nobody 0:16:13.640 --> 0:16:15.960 knows there is no probabilities. And I know you don't 0:16:16.000 --> 0:16:17.800 like that. You want me to give you, You want 0:16:17.840 --> 0:16:20.360 me to give you a certainty, but there's not. But 0:16:20.400 --> 0:16:23.720 I thought this is interesting in the United States thinks 0:16:23.800 --> 0:16:29.680 there will be another crash, but think they don't, and 0:16:29.760 --> 0:16:32.760 so figure out what it is for you and act accordingly. 0:16:33.120 --> 0:16:36.280 But we can see that there is bad economic data, 0:16:36.840 --> 0:16:39.360 um and so it leads us to think that there is. 0:16:39.360 --> 0:16:41.760 But the Biden administration wants to continue to gas light. 0:16:41.920 --> 0:16:44.120 As a matter of fact, they want to taunt you 0:16:45.040 --> 0:16:51.200 basically saying six six it's a good thing. And you know, 0:16:51.320 --> 0:16:53.000 I get it that you can't afford to put gas 0:16:53.000 --> 0:16:54.080 in your car, and I get it that you can't 0:16:54.080 --> 0:16:56.480 afford to buy organic eggs anymore, and now you've got 0:16:56.480 --> 0:17:00.680 to buy sugar cereal instead. But a good thing. Alright, 0:17:00.680 --> 0:17:04.040 we've done a good job. It's a form of gas lighting, 0:17:04.880 --> 0:17:08.960 highlighting how climbing prices are a good thing because we 0:17:09.000 --> 0:17:12.040 need inflation. Right, how's what the economy grow? They say, 0:17:12.240 --> 0:17:15.560 how's what the economy grow? Never mind that you're still inflated, 0:17:15.840 --> 0:17:18.440 that you're still struggling. The key piece here to understand 0:17:18.520 --> 0:17:22.120 is that while inflation has come down, meaning the rate 0:17:22.240 --> 0:17:27.080 of increase has slowed, they're still paying more money. If 0:17:27.119 --> 0:17:28.680 you're just tune in you're listening to the Markmall Show. 0:17:28.720 --> 0:17:31.359 We're talking about the decentralized revolution, how the world is 0:17:31.440 --> 0:17:34.000 changing before our very eyes, and we're looking at through 0:17:34.000 --> 0:17:37.760 the lens of politics, finance, and technology. And I'm reading 0:17:37.920 --> 0:17:40.720 through some of the biggest breaking news of the week 0:17:40.760 --> 0:17:42.600 so you can stay on top of what is going on. 0:17:43.320 --> 0:17:44.960 I want to come back. I want to talk about 0:17:45.200 --> 0:17:48.680 some more decentralization of the world, how supply chains are 0:17:48.960 --> 0:17:51.480 are being rerouted. I want to talk about what's happening 0:17:51.560 --> 0:17:55.639 with potential nuclear war that we're facing, some threats that 0:17:55.680 --> 0:17:57.800 were made, and some other things about freedom of speech, 0:17:57.800 --> 0:17:58.879 a whole lots of ever want to come back, You 0:17:58.880 --> 0:18:01.960 don't want to miss this away. Hello, welcome back here, 0:18:02.000 --> 0:18:03.919 listening to the Market Mo Show. We're talking about the 0:18:03.920 --> 0:18:06.960 decentralized Revolution, and we are going through some of the 0:18:07.080 --> 0:18:10.600 biggest news headlines of the week, and there are some 0:18:10.680 --> 0:18:13.680 big ones and one thing I've been talking about quite 0:18:13.720 --> 0:18:17.520 a bit that I think is just insane. I mean, 0:18:17.520 --> 0:18:19.680 there's so many things that are insane, but one of 0:18:19.720 --> 0:18:21.399 the things that I'm talking about that are insane is 0:18:21.480 --> 0:18:25.080 that having grown up at the tail end of the 0:18:25.080 --> 0:18:28.840 Cold War, the Cold War, which was when the US 0:18:29.000 --> 0:18:32.720 was engaged in this standoff war with Russia and communism, 0:18:32.760 --> 0:18:37.080 and the USS are basically um Having grown up at 0:18:37.080 --> 0:18:40.120 the tail end of that, I never would have imagined 0:18:40.160 --> 0:18:43.120 that we are back here and really, for the first 0:18:43.119 --> 0:18:46.880 time in my life, actually facing a real nuclear war. 0:18:47.800 --> 0:18:51.320 You know, the Cold War and the standoff kind of 0:18:51.359 --> 0:18:55.159 started and ended when everybody got nuclear weapons because of 0:18:55.320 --> 0:18:59.720 something called mutually assured destruction. If we can both kill 0:18:59.760 --> 0:19:03.720 each other, than we're not going to do that, right, Yeah, 0:19:03.920 --> 0:19:05.800 just like a free market, a free market only works 0:19:05.800 --> 0:19:08.680 when one party, well, each party has to believe they're 0:19:08.680 --> 0:19:11.040 getting the better deal. And a war would only happen 0:19:11.080 --> 0:19:13.480 if one side thought they could win. But if both 0:19:13.520 --> 0:19:16.760 sides know that no matter what happens, we both die, 0:19:17.040 --> 0:19:22.640 then what's the point. And so then it created peace, peace, violence, 0:19:22.840 --> 0:19:27.080 the threat of violence created peace. But yet here we 0:19:27.160 --> 0:19:30.080 are now and again for the first time in my life, 0:19:30.920 --> 0:19:35.000 with a real threat of nuclear war. And this is 0:19:35.040 --> 0:19:37.399 not a joke. As a matter of fact. This week 0:19:37.600 --> 0:19:41.080 we saw a Putin ally Warren's NATO of nuclear war 0:19:41.119 --> 0:19:46.400 if Russia is defeated in Ukraine. An ally of President 0:19:46.480 --> 0:19:49.879 Vladimir Putin put out this message, he said. The quote 0:19:49.960 --> 0:19:52.199 he said, quote the defeat of a nuclear power and 0:19:52.240 --> 0:19:56.040 a conventional war may trigger a nuclear war. End quote. 0:19:56.520 --> 0:20:01.280 And this was by former Russian President Dmitri Metev med Medvedev, 0:20:01.720 --> 0:20:05.320 who serves as deputy chairman of Putin's powerful Security Council. 0:20:05.840 --> 0:20:09.639 He said, quote, nuclear powers have never lost major conflicts 0:20:09.640 --> 0:20:14.200 on which their fate depends. End quote. He's for it 0:20:14.320 --> 0:20:16.399 was the president from two thousand twelve. Let me let 0:20:16.400 --> 0:20:19.840 me let me say that again, nuclear powers have never lost. 0:20:21.000 --> 0:20:24.359 So he's saying, anybody who has nuclear powers, nuclear weapons, 0:20:24.520 --> 0:20:28.280 a nuclear power has never lost a major conflict in 0:20:28.320 --> 0:20:32.280 which their fate depends. Why would it if you're going 0:20:32.359 --> 0:20:35.040 to die? It's like, uh, what's the saying about when 0:20:35.080 --> 0:20:37.320 you know, be afraid of the person who has nothing 0:20:37.359 --> 0:20:41.200 to lose, or backing a wounded animal into a corner, right, 0:20:41.400 --> 0:20:43.400 Like when you back the wounded animal into a corner, 0:20:43.400 --> 0:20:45.800 when you have somebody that has nothing left to lose, 0:20:45.800 --> 0:20:49.439 they're very, very dangerous. And if you have a nuclear power, 0:20:51.200 --> 0:20:55.720 who has wh who's losing, who's gonna die, then what 0:20:55.760 --> 0:21:00.160 do they care? Mutually assured destruction works because me either 0:21:00.240 --> 0:21:03.800 side want to die, right, but if one side is 0:21:03.800 --> 0:21:05.520 already dying and what do they care, Well, let's just 0:21:05.600 --> 0:21:08.600 kill the other side too. Who doesn't work like that? 0:21:08.640 --> 0:21:11.600 And that's exactly what he's saying here. Dmitri is saying 0:21:11.640 --> 0:21:14.080 that nuclear powers have never lost major conflicts on which 0:21:14.080 --> 0:21:18.840 their fate depends, and so he's basically saying, if the 0:21:18.880 --> 0:21:22.320 West attempt to defeat Russia and Ukraine were to work out, 0:21:22.440 --> 0:21:26.560 and if Russia was losing, and if Russia was dying, 0:21:27.200 --> 0:21:32.000 then nuclear doctrine would say that that could actually trigger 0:21:32.640 --> 0:21:36.880 a nuclear war, which makes sense. If Putin is half 0:21:36.920 --> 0:21:39.760