Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security.
Speaker 3: What are the foremost important economic indicators that will tell
Speaker 3: us where the market is going? Inverted your curve? I've
Speaker 3: talked about before. The GDP, of course, is very key.
Speaker 3: The rate of inflation and then one thing that we've
Speaker 3: talked about here before but Mike confirmed.
Speaker 4: Was that to GDP ratio of the United States. So
Speaker 4: we're at one twenty nine.
Speaker 3: So before we go on stage, and this was interesting
Speaker 3: to see, like Kathy and Mike not It was like
Speaker 3: a cipher and I don't want to tell too much,
Speaker 3: but Mike said, if we get to one seventy on GDP,
Speaker 3: our nation will be flat for a decade.
Speaker 4: And I was like, I'm like, we a one thirty.
Speaker 4: What do you mean?
Speaker 3: He was like, no nation has ever almost got to
Speaker 3: two hundred, even though Japan is hovering there and they've
Speaker 3: made it okay for the next decade.
Speaker 4: So we need better leadership.
Speaker 3: We need better fiscal policy because if that is not
Speaker 3: taken care of, like we are overextended as is, but
Speaker 3: we're like on the you know, when you're a credit card,
Speaker 3: you got like a five thousand dollars limit, you're like
Speaker 3: at forty five hundred, we're there for America. So if
Speaker 3: we don't find a way to produce more companies that
Speaker 3: are driving GDP. And that's why in video is so important.
Speaker 3: When Meta took a little stumble, they feel that gap.
Speaker 3: When Meta hadn't turned things around yet. There shouldn't be
Speaker 3: seven companies that are running the world economy right now,
Speaker 3: Like we really technically need twenty to be in a
Speaker 3: place of safety and to bring the GDP down. But
Speaker 3: we printed so much money from COVID. Now when inflation
Speaker 3: goes up, we're spending eight and a half billion dollars
Speaker 3: a day just on interest payments. So if that doesn't
Speaker 3: come down, it's going to be almost impossible for another
Speaker 3: ten stocks to twenty stocks to come up that will
Speaker 3: give us great gains. So that's the number one thing
Speaker 3: you have to keep your eyes on is debt to
Speaker 3: GDP ratio. And if we get to like one for fifty,
Speaker 3: we could be in trouble. I know, Chamalt Polyhapatilla, I
Speaker 3: love you. I know he said it does not matter.
Speaker 3: But when Mike says it and economists are saying it,
Speaker 3: and then now Goldman Sacks see it, like even Larry
Speaker 3: Fink is starting to get worried about GDP and they
Speaker 3: run the world.
Speaker 2: Like if Black Crock gets concerned, we should be worried.
Speaker 3: We have to figure out a way collectively to be
Speaker 3: able to bring the GDP down so that we have
Speaker 3: a safe economy when.
Speaker 5: You say seven companies that control the economy, the world economy. Yes,
Speaker 5: So here's a question, because I'm thinking about the seven companies.
Speaker 4: I'm sure we all know them. When will that not
Speaker 4: happen right when?
Speaker 5: Or are you saying that they can't continue at this pace?
Speaker 5: Or do we need more people to participate because those
Speaker 5: seven companies are gonna be here. Yeah, for the next
Speaker 5: ten years. They probably is still gonna lead. Yeah, you're
Speaker 5: saying we need more horses in this race. We need
Speaker 5: more horses in this race.
Speaker 3: But when you have an economic policy where inflation finally
Speaker 3: has went back up after fourteen years, the company profits
Speaker 3: are being squeezed. The average person isn't making enough to
Speaker 3: even stimulate the economy. We're in a desperate cycle. Like
Speaker 3: imagine if we were a B to B enterprise and
Speaker 3: we only had seven great clients, we'd be worried. That's
Speaker 3: our nation right now. Like Amazon, Microsoft, Apple, n Video, Tesla,
Speaker 3: Meta and Google are keeping us afloat.
Speaker 4: Yeah, that's like if.
Speaker 3: The NBA only has seven good players, you get two injuries,
Speaker 3: we're out of luck. Thank god, Zuckerberg start doing mood
Speaker 3: tire got of shape and then turned around a fortunate
Speaker 3: of mata because if not, the economy would be even
Speaker 3: lower than we are right now.
Speaker 5: But I mean it's interesting because if we compare it
Speaker 5: to basketball, We've had this conversation before. You can have
Speaker 5: a bunch of all stars, but you really need about
Speaker 5: three to five supuperstars, right, and so we got seven superstars.
Speaker 3: Yep, we just need some more. But out of six
Speaker 3: thousand publicly traded company we got. That's the tough part.
Speaker 3: Like even with you being an advisor, like never in
Speaker 3: history since you started being an advisor, we're only this earners.
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Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fine nearly
Speaker 1: one thousand dollars a day. Imprisoned and deported, you will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security.
Speaker 4: All amount of companies produce eighty percent of the games.
Speaker 4: Yeah yeah, yeah.
Speaker 3: Like even Great Company, Honeywell, Caterpillar, John Deere, McDonald's, like
Speaker 3: Starbucks is having issues and that sales are strong because
Speaker 3: the inflation is eating away all the game. Like for
Speaker 3: like a trading example, this is like the equivalent of overtrading.
Speaker 3: The products are moving well, the sales strong, but inflation
Speaker 3: is so high there's the k and the profitability.
Speaker 5: Yeah, you know, speaking of these old studs, we had
Speaker 5: a moment. I forget who I was talking to. It
Speaker 5: might have been dial and and back. We were back
Speaker 5: in the little tunnel, uh yesterday and he was like,
Speaker 5: you had Robert Smith Puff junior bridgeman, Paul Judge was
Speaker 5: standing there. Yeah, talk to Paul and some other guys
Speaker 5: that we'll talk about another time. And he was like,
Speaker 5: how much what's the percentage of the black network that
Speaker 5: has come through this building this weekend. It's a great point.
Speaker 5: Like that's a great point. It's crazy. Yeah, Like even
Speaker 5: if it marriages, that as like two percent. Think about
Speaker 5: that in one place.
Speaker 3: Yeah, And that's why, like these conversations are important because
Speaker 3: we have to find ways to rally together to find
Speaker 3: the next companies and partner with a sixteen Z and
Speaker 3: Y combinator to find them.
Speaker 4: Because like even if we take Stripe, Stripe has had
Speaker 4: an issue.
Speaker 3: Going public for the last fourteen months, and if you
Speaker 3: look at it outside of PayPal, they're probably the most
Speaker 3: popular payment process that there's some issues you guys got
Speaker 3: to fix.
Speaker 4: But I love you deally. We'd love to have it
Speaker 4: on the show.
Speaker 3: But if they can't go public because the market isn't
Speaker 3: right for IPOs and they're doing well, what about the
Speaker 3: companies that may not be doing as well that it's
Speaker 3: innovation is being stifled.
Speaker 5: One of the most anticipated IPOs that hasn't happened. Yeah,
Speaker 5: and they were supposed to come in with the highest
Speaker 5: IPO evaluation of all times. Yeah, it was it was them.
Speaker 5: I on instacrat announced that they're probably going to go
Speaker 5: public soon. Yeah, but the IPO market is still down
Speaker 5: in itself, and so it changes the environment of when
Speaker 5: we can go to the open market.
Speaker 3: That's why I said that, like when that last little
Speaker 3: bit of interest rates were there from zero to three percent,
Speaker 3: they were gonna let us get all the money we
Speaker 3: could to last us for five or six years. Is
Speaker 3: going back to what I said last year. You have
Speaker 3: to begin thinking in decade titles, like what can we
Speaker 3: do in one year to make up enough income for
Speaker 3: a decade to be able to take care of our families.
Speaker 5: And so Powell Vetchea said that two percent is still
Speaker 5: the goal. How realistic it or is there a timetable
Speaker 5: you see that we get back to a two percent
Speaker 5: interest rate?
Speaker 3: Listen, I'm gonn of Leon know what Mike said behind
Speaker 3: stage because he has more money than me and more
Speaker 3: access to capital and better investor. Right, he said, for sure,
Speaker 3: we're going to hit recession about twenty four to twenty five.
Speaker 3: Like he said, it's so matter of factly. I'm like,
Speaker 3: why are you gonna say this before we go on stage?
Speaker 3: For sure, here's a get twenty four to twenty for sure,
Speaker 3: we'll be there.
Speaker 4: Now.
Speaker 3: It makes the case for bitcoin for crypto because bitcoin
Speaker 3: isn't affected by inflation or deflation as much. But I'm surprised,
Speaker 3: and that's why when you see the institutions are all
Speaker 3: rushing for the ETF, they need that exposure too to
Speaker 3: keep them from going under. Like if you look at Goldman,
Speaker 3: Goldman for the first time in probably thirty years, is
Speaker 3: starting to have issues collectively. They're not in love with
Speaker 3: the CEO as much as they should be or have
Speaker 3: been in the past. We've had a huge issue with
Speaker 3: the smaller tier banks because product selection. Now, if I
Speaker 3: make an ETF and I get all that exposure from
Speaker 3: the crypto market, that will keep them afloat for the
Speaker 3: next four or five years. But I don't think the
Speaker 3: smaller banks are going to have ability to get the ATF.
Speaker 3: So what is it going to do is going to
Speaker 3: consolidate the market. That's why I say all the big
Speaker 3: players no their sharks. They're going to navigate to wherever
Speaker 3: the capital is. Then they're going to make laws that
Speaker 3: nobody else but maybe three or four can have a ETF,
Speaker 3: and that's going to keep them afloating too. Twenty seven,
Speaker 3: So they're thinking a decade timeframet.
Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christine Noman, the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security,