
This content was created by David Oualaalou. This content was uploaded by David Oualaalou. This is a YouTube video titled "Australia's Economy: From Bad to Worse!!!" (uploaded 2023-06-28). The excerpt contains no transcript, but the title indicates the content is likely an opinionated commentary or analysis about the state of Australia’s economy. No speakers, creator, or language are provided in the excerpt; metadata includes a thumbnail URL and the upload timestamp.
Chapters
And welcome to Geopolitical Trends. My name is David Oualaalou. So good to be with you as always. Very excited to be here. I know I just did the— well, the livestream on the big channel. Hey, but that's, that's what you do if you really have a passion for what you do and, and and you have a great respect for your viewers' time, then you do the work, you put the effort, you give it 110%. That, that's the way I see it. So excited to be here as always, and I mean it when I say that. So, uh, like we always do, guys, uh, if you would be kind and just type in where you are joining me from. I know it takes, uh, Uh, usually the timing of this is slightly different. Uh, it's about 2 o'clock my time here. Usually I'll do the live streams around, uh, uh, 12 o'clock. So it's just there are so many moving parts, and I will be leaving the country soon. So that's why I wanted to do this live stream for you, because I won't be available this weekend. And it's a short trip, it's not that far. Uh, it's not— it's going to be too many days, but, uh, and the reason I'm traveling, uh, beside doing one thing is I'm also gonna fact-check, uh, one particular information. So, and I will share it with you when I come back. Let's keep it a surprise for that. So, all right, let me see where you're joining me from first of all. Then I'm gonna give a shout out to some new members of the channel. So, uh, uh, oh my gosh, Alfredo Amorin from Macau in China, good to have you, good to have you. Osiris, I want to say thank you for your Super Sticker. You just put a Super Sticker on the video that I just released this morning, and here is another Super Sticker from you. So I want to say thank you so much, Osiris, truly, truly appreciate it. So, uh, let me see again. Uh, Willie Mays from the UK, good to have you. Boon from Berlin, good to have you, Boon, as always. Uh, let me— I'm gonna go back up to the top here, guys. And, uh, and hello to you, greeting to you too, Boon. Uh, microphone working perfect. Boon, now he keeps having an eye on the microphone, so make sure it's working. Thank you so much, Boon, I appreciate it. Jesus Aguilar from LA, good to have you. Luis Mann from London. Uh, Dale Boy from Finland. What part in Finland? Uh, I'm only familiar with the, uh, uh, Helsinki, of course. That's where I've been. And, uh, I don't, uh, so my last trip, uh, when I was, uh, there a few years ago, I truly, truly enjoyed visiting Finland. Minna rakastasinua, as they say in Finnish. So, uh, let me see. Oh, South Africa! Mark Up from South Africa, good to have you. Uh, Willie Mays from UK. Osiris is here. Uh, uh, GQ— oh, G Gu, I hope pronounce it correctly— from Helsinki, Finland. Good to have you. Let me show you for everybody here. Here you are, good to have you, good to have you, man. Uh, Singapore, uh, Fran from Singapore, very interesting. Good to have you from Singapore. But something very interesting about Singapore which we don't hear much— actually, I'm going to be looking into that. I might even do a live stream for you guys or a video, we'll, we'll see what you guys prefer— about inflation in Singapore. We don't hear much about So prices are not going down in Singapore either. So I was really— I'll say it— I was surprised to read that one. So, uh, uh, Athene Wu from Europe, as always. Sumo Mala from Croatia, good to have you. Oh, Zan from Mallorca. So I'm very familiar with Mallorca. As a matter of fact, I have family members in Mallorca. So, uh, good to have you. Uh, Let me see who else here. Zank Rio from London, good to have you. Uh, India, Techno Kanga from India. What part in India? No, uh, if you would like to share, so that would be great, just type in on, on the box. Uh, Dear Boy from Lathi, Finland. So I got like 3 viewers from Finland, that's, that's great. So great to have you guys. From Finland here. So, uh, of the land of kangaroo, Louisiana, David Finn, good to have you, my neighbor. So, uh, uh, S. Sartre from Chile, good to have you. Uh, uh, uh, N. Timbiko from Johannesburg, South Africa, good to have you. Hong Rong from UK, as always, appreciate you being here. Uh, and yes, the answer is I just started it here, Anglo. So, uh, I figured it takes about— literally, it takes about 15 minutes by the time YouTube sort of send the note that there's live stream going on. So I decided from now on I'll share a few things with you for the first 15 minutes This way we'll give a chance to everybody to be here, and I will launch into the topic. So this way they won't miss the, the first part, uh, of it. So, uh, Asuman Ismail from— I'm assuming is Uganda, if I'm not, uh, mistaken here. So, well, great. Was so good to have you guys here. I'm, as I always say, I am very, very excited to be here. So let me share a few things with you. Then, then, uh, we'll get in into our discussion here. There's a lot to cover about Australia. And, uh, what I decided to do this time around, guys, beside our routine, how I always do it, is I'm gonna share, uh, some, uh, posts from our viewers, believe it or not, from, from on the ground. They are from the countries like UK, like Australia, like Singapore, Uh, so I'm gonna share with you, uh, their posts, or they're posting rather, to have an idea. And, and I would trust their judgment because they're there, they're seeing what's the reality on the ground. But like I always say, before I launch into anything, I like to give a shout out. First of all, thanks to all members and supporters, and I'm gonna give a shout out to the new members and new supporters for the channel. So for the members, I'd like to give a shout out to Gang Shik, S-H-I-K. Then I'm gonna give a shout out to Aldali Santos. As a matter of fact, I did see— I'm gonna go back to the top here, and here it is right there, guys. Uh, Aldo just became a channel member, so thank you so much for your support for the channel. So, and I'm gonna also give a shout out to the supporters I'm gonna call on Dharma One, Hima One, thank you so much for becoming a supporter. And We Thio, thank you also for becoming a supporter. We are now at 37, and like I promised you, the moment we hit 100 members, I'm going to do an exclusive Q&A for you guys. It will be for the members and, and supporters It's only the right thing to do, you know. I usually get— send the videos to you guys, to the members and supporters, before they are released to the public, uh, but also I feel like it's the right thing to do. So I'm gonna do an exclusive for the members once we reach the first 100. So we are now at 37. For you, if this is your first time landing on this channel, please hit that subscription button if you would like to subscribe to the channel. And if you would like to become a member of the channel or supporter, uh, feel free to join the channel membership if you like. You will be an additional number for us to reach that 100 number soon. So, and that's what we are going to do. So today's topic, what are we going to be talking about today? Basically will be an update. I know I did talk about Australia before. And the reason what prompts me to talk about Australia, it's because I just did the video about UK, okay? And I think I might, I might do a live stream tomorrow on the UK, uh, uh, really UK and the Europe, because we're gonna have to keep them parallel. There is the Australia and there is Europe, both of them going downhill economically speaking. So today I wanted to do Australia to give you first of all an update, see where things are, and put certain things for you in perspective. I read your comments like I always say, and there are some subscribers of the channel from Australia and really sharing information that you can't find on the news because they are not disclosing that. Let alone sometimes what I share here on the channel, they told me that they are not hearing this in their own media. Well, don't be surprised. It's sadly sad to say the media is, is, is, you all know, corporate media. Well, they're not going to disclose the truth because they don't want you to know. That's like the reality about, uh, the UK, and I'm gonna get into that, uh, when I further down into the conversation. So that's what I'm gonna be talking about. Then I'm gonna also provide you some sort of, uh, a brief analysis, parallel of sort, to put things in perspective. Then I'm gonna talk about the big elephant in the room. What is the big elephant in the room, do you think? Well, the big elephant in the room is the possibility of the upcoming visit of the Prime Minister Albo Albanese, the clown. The— I don't call him clown, is incompetent. The incompetent Prime Minister, uh, Albo, who's might be— who might be going to China. Yeah, it's like, go figure, you are talking about China certain ways and yet you want to go and visit with them when they extend their hand to you to sort of, uh, revisit your policy. You did not. So I'm sure China will do what's right. And what do I mean by this? China will welcome Prime Minister Albo because it shows the diplomatic maturity. That's like what China did with the Secretary of State Antony Blinken. You know, China could have shut the door down and said, we don't need to meet with you. Why? Why do we need to meet with you? You couldn't even honor your agreements, you know. So I believe China is going to do the right thing by sort of, once that's confirmed and all that, like, sure, we'll hear what you have to say. But you and I know the truth. Albo cannot speak his mind. He will be given the talking points, and he just gonna look no further than The latest, the strategic review that Canberra just issued for 2023, what's at the title, at the heart of it? China is a national security threat, when in reality it is not. You know, you're gonna— you as entities inside Canberra, uh, think tanks, you name it, you're gonna have to inflate and make the fear create the fear. Here is the thing that I want you guys to get: to move a society one way or another, one direction or another— fear. So if you only think before you consume the information, whether it's scary or not, before you consume it, take a step back and think critically, and you will see. You will be able to see that one. So that's what we're gonna be talking about today. I'm also not gonna do the health tip today. I didn't have enough time. I do have something good for you guys, but I'm gonna save it for next time, along with some pictures and all that. So I'll save that for next time. Uh, let's talk about the, uh, tour around the world, and I'm only gonna have 2 for you that I feel is very, very important for you to know. And the first one, let me see if I have the picture for it. No, I don't, but I'm gonna share it with you first. You know, the first one is that the Vatican— believe it or not, the Vatican is going to send an envoy to Moscow. Now, you know, I'm not a religious guy anymore, so you're gonna ask yourself, you're gonna ask yourself, what the heck is the Vatican getting involved in politics? What for? After all, wasn't the Pope himself that says, oh, the Russian invasion, it was the Russians that did this? All of a sudden flipping? What's very interesting about this, guys, is that it coincides— listen carefully— it coincides with what's going on with the talks inside Germany as far as reaching a deal for this Ukraine-Russia conflict. Basically, there are voices inside Germany that are now wants to settle this conflict because things are hitting home, economically speaking. So all of a sudden you're hearing about the Vatican is going to be sending an envoy. And speaking of the Vatican, if you only know the dark side of the Vatican, but I'm not going to get into that right now. I want to show you a picture, uh, you, you know, I'll let you comment on it. I'm not going to make comments here, but check this out, guys. Look at this. What can you tell me? You all know who those people are, right? Yeah, if you can type in— that's, that's a very, very striking resemblance between the two. That's pretty, uh, that's, uh, Yevgeny, uh, of the, uh, Wagner, and that's Pope Francis. So I found it very interesting. It's, it's just amazing. It's amazing. So, so the idea of, uh, uh, the Vatican now sending an envoy, what would it be for? Because nothing happens in a vacuum. What do I mean by this? Go back to before the end of the Cold War. What did the Vatican play, the role the Vatican played? At that time, what was John Paul II, the Polish Pope, which by the way, I had a chance few years ago when I went to, to Warsaw, I had a chance to visit, you know, I didn't go worship at church, right? I don't go church. And I had a chance to go to the small church where Pope John Paul II back then, he started his religious career, whatever you want to call it. So it was a small, tiny church and all that stuff. So the late John Paul II did play a major role, believe it or not, in, in, in, uh, contributing to the end of the Cold War and defeating the Soviet Union. You know, if you only know history, what took place in Poland during that time— that's why don't assume that that the Vatican, it's out of the goodness of its heart, is going to be sending an envoy to Moscow. You know, it's because the Vatican also has competition with the Orthodox Christians in, in, in, in, in, in Russia and the whole that area. There is a reason for all that. So, and the second part to that is that Lithuania Get this, guys. Lithuania now is going to be buying missiles for Ukraine. Yeah, whoever thought? I'm going to show you a picture right here, guys. Yeah, Lithuania now is going to be purchasing that. So makes you wonder again, are the Eastern Bloc— those are the members of NATO— being pushed to the forefront of the conflict, indirectly for now. So why will Lithuania be spending its money on buying missiles for Ukraine when we all know that things are not going well for Ukraine anyway? Ukraine, I think— and again, my personal opinion, and, and, and if you disagree, I respect your opinion— I think it will be fair to say Ukraine is a failed state. I'll say it straightforward. It's clear as daylight. I mean, if you look at the amount of devastation that's going on right there— and we're not going to talk about corruptions because we all know that's normal. All right. And now the Russians, uh, by having Lithuania embark on this initiative, Russians now are very, very, very suspicious of Western military cadres being present, you know. And it's not a— it's not a news per se, it's nothing new. The Russians knew about this before because Ukraine, there is no way they will be able to manage whatever All we providing them, we the West, collective West that is. And when you say collective West, who are we talking about? The US mainly, providing them intelligence as far as satellite stuff and all that. It's no different than what we did for the Saudis when they were fighting, uh, uh, in Yemen at that time. We were the one providing intelligence. Yeah, that's the, that's the the point for that. And second one, before I'll jump into the topic, has to do with the economy. Uh, you all know who this guy is, right? That's, that, that's Jerome Powell, the head of the, the Federal Reserve, uh, here in the US. By the way, you know, if you happen to be an American, or maybe even if not, Do you know that the Feds have nothing to do with the government? So it has the Fed name, the Federal Reserve, but there's nothing federal about it. You know, most Americans do not even know that the Federal Reserve is a separate entity altogether. Think of it like a drug cartel, except this one is a bank cartel. So when you have a bank cartel, what do you think the objective is going to be? The welfare of citizens? No, not at all. It's to ensure, first of all, to keep the population dumbed down, not understanding the finances and all that. This is why our education system is messed up, is because even in business courses in, in, in the, in the university. They don't even teach the basic understanding of the dollar value and how to deal with the monetary. They teaching the concepts and all those big words and all that, when the students end up being overwhelmed with that information because they don't even understand the basics of savings and expenditure and all, you know. What's the point? Let alone now when you think about the Federal Reserve. Well, if you think Federal Reserve, what comes to your mind right away? Right away, what do you think comes to your mind? Just type it on the, on the chat box if you like. Once again, like I always say, guys, I like to engage with you because we are here just to learn, all of us. So, so let me see. So by the way, what, uh, Jerome Powell Uh, if you'll be kind, type in that, and I'm going to tell you what Jerome Powell said. What he said basically, uh, actually today, this morning, what he said was that a recession— just listen carefully again and put it within the context of what we're going to be talking about— Jerome Powell said that recession in the United States following a decision So following a decision to raise interest rate is not, is not the most likely, but certainly possible. Once again, just, just listen carefully. A recession in the United States following a decision to raise interest rate is not the most likely but certainly possible. You can just see two opposite contradictory statements within the same sentence to throw you off. So an average citizen, it's gonna fall for right away, oh, is the most likely. It's not. I'm sorry, it's not the most likely. But he saved the bad news for the latter part of the sentence by saying But certainly possible. That's no different than when the former Treasury Secretary, Janet Yellen, said, oh, the inflation is transitory. And once again, why is this important? Is to put it within the context of what we're going to be talking about in Australia, but also what's happening in UK, what's happening in Germany, in Spain, in France, Portugal, the rest of the Eurozone and even here in the United States. So that is what's important for you guys to understand. So, so let me go back and check to see if any of you answered or put in a chat room, uh, that particular, uh— oh, uh, KL, thank you so much for your super sticker, truly appreciate it. Truly, truly appreciate it. Thank you so much, sir. Uh, yeah, let me see. Oh, let me take this one out here. Uh, oh, RG from Indonesia, good to have you. I agree, Osiris, history repeats itself in a different ways. Yeah, you're absolutely correct, you know. So, uh, I even forget what I asked you guys about, about Jerome Powell, Federal Reserve, big private capitalism. Yeah, yeah, that's true. And who owns the Federal Reserve, you know? Oh, oh, now I remember what— when I said— when I mentioned Federal Reserve, what comes to mind? What comes to mind is Wall Street right away. Why? Because the policies of Wall Street and the Fed will have to sort of go parallel. The benefits— Federal Reserve's almost working on behalf of Wall Street. That's usually how it works. This is why if you go back in 2008 during the financial crisis, you know, who did we bail out first? And the government at that time, the president— the former President Obama said, well, we can't let them fail because we're gonna have to bail them out. And by how much we bailed them out? $780 billion. Where that $780 billion came from? Tax money. Was it paid again? Was it repaid? I have my doubt. I don't know for a fact, but I have my doubt because the government would have disclosed that. Second, the government could have cut a deal with, with, with those, with this bank that's received the money, that it could be repaid in 30 years. You know, that's why I won't trust them. Why will I trust what the government's saying? You know, there is no such thing. It would be a colossal mistake to trust what the government's saying. No, that's just the truth, the reality of it. So, uh, you know, I'm looking at this. Let me just answer Ariel. Ariel, yeah, who owns BlackRock? This is why, guys, this is why I wanted to do that exclusive Q&A for the members once we reach 100. So you can help me out with this, reaching that 100 number. We can get in and you can ask those kind of questions because that's all I'm gonna be doing. I will be answering your questions. So I'll take one by one, and heck, if it takes us 2 hours, be it, because it's your time and, and it will be worth your time for that. So, uh, BlackRock— yeah, BlackRock, the budget of it is worth about $10 trillion. The budget of BlackRock is more than some governments, established governments, sovereign governments. But BlackRock, which by the way already got a contract for reconstruction in Ukraine. Oh, there is no conflict of interest. Yes, it is. Yes, it is. You know, it just, it just mind-boggling how the taxpayers in Europe are not seeing what they are seeing taking place, that they're funding something that has nothing to do with their benefits. It's no different than us here in the United States. So which tells you right there, is all this by design? And is apparently the case. So, all right, let me jump on our topic because I'm gonna get into this here. Oh, by the way, by the way, by the way, I need to share something very— something personal., uh, with you, uh, that, uh, just came up to my attention. So, all right, where's the screen? Or present right here, and I'm gonna share the screen. Yeah, I don't know if you guys can see this or not. Yeah, and I'm gonna read it to you. So this is, uh, my, my tweet, my Twitter feed. So it says, uh, @DavidOualaalou, had you, had you for a semester in college several years ago. Think it's safe to say you taught me well. You have no idea how often I am called a Putin apologist for speaking truth about war. Keep up the great work. Yeah, yeah, that was one of my former students. And I remember Phil way back now. Oh, out of all these years, I think he saw one of my, my, uh, my tweet stuff, or maybe saw the channel, I don't know, I didn't ask, and he still remember. So, so how, how would you feel if you were in my spot? Well, you feel great, but you also feel, uh, very excited, of course, and I'm not denying all this. And, and you said to yourself, this is to me what education is all about, you know. You know, I don't know what my former student does for living right now, and I didn't ask, and I will not ask, you know. Usually I never ask. Usually people will share with me if they feel like sharing with me. But the fact that here is something that I try to help students understand at that time And it came handy to him because now he's seeing the truth as to what the government is doing versus what the reality on the ground. And he's being labeled as Putin apologist. So am I. Yeah, it's because I speak the truth. And I did answer him and I said, you know what, so good to hear from you and so proud of you taking a stand as a man should. Yeah, it was one of those joys that, you know, here it is. I didn't expect it. I didn't, you know, and I always tell my students, you know, get as much as you can in this semester. You know, I might not see you again. So yes, you might read about me online or whatever, but I'm here to share knowledge with you. And I do the same thing with you guys on this channel here. And the other big channel as well. Yeah, that's why it's kind of— I, I have to talk about issues that matter, you know. Will I talk about, you know, kitty cats playing and all that? No, I don't have the energy for that, and I am not— my personality is not for that kind of stuff, you know. There are a lot of you say, well, this channel should have X amount of subscribers, but it is what it is. So in due time Uh, I count on your support for that. Spread the word about the channel. That's the only way. That's the only way. So anyway, I just wanted to share that with you. It's because it was so, so refreshing to see something like this. And like I always say, before I go to bed, I always ask myself, what have I accomplished today? That's, uh, all right, let's talk about our issue today. What we're gonna be covering And it's an interesting one about Australia. Where— let me share picture with you guys because you need to see, uh, sometimes images say a lot, you know, it say a lot about where things are. And you need to see that one, where Australia's economy is headed. Yeah, it's a reality. The debt is a mountain. There's none of that in Australia, and citizens are very, very struggling despite what you hear, what the media saying versus the truth. And I will share with you some postings from some viewers from Australia. So, but I'll, I'll go through my, uh, my brief assessments in general, then, then I'll do this one here. Well, here's the thing, and this is why I said, okay, how should we categorize the, the upcoming trip of, uh, uh, uh, the incompetent Prime Minister Elbow to China. And I'll, I will do a video for you and do a live stream about it, uh, because you need to know that. So, but you put it within the context of, let's just go for the last 25 years, you know, just In your mind, go back 25 years. Some of you might not even be 25, maybe, I don't know, but you never know. Just go back and think about how the economy of Australia was. Well, the thing, the truth, the fact is that 25 years ago, Australia, or for 25 years, Australia never experienced economic turmoil. You know why? Because of its relationship with China. Was great. China was— uh, China— Australia was doing great economically back then for 25 years. And once China cut them off, shut the door on the trade, because why? They decided— they, Australia in this case— decided to follow blindly what the former president at that time, Trump, launched. Because remember, this didn't start with the current President Biden, it started with President Trump. And as a matter of fact, the former president was the one who initiated this trade war with China to begin with, because he had to appeal to his base. That's what I mean. I call a spade a spade. You give credit where credit is due. You know, the former president was clueless about how the world operates. You know, he is some sort of a business type. Well, that's great, but that ain't gonna cut it if you're gonna be approaching that foreign policy with such aggressiveness. And I'm not saying you bow to other countries. What I'm saying is you understand how to cooperate, how to approach dealing with other countries. So Australia in this case was blind completely because he was ordered to follow or to toe the line. And now we're seeing where the consequences are. Now Australia is paying the consequences, you know. No, maybe, you know, I'm, I'm not joking here, but maybe now Australia needs to call on, uh, I don't know, I don't know, maybe Biden, maybe Moody's, maybe Japan, maybe South Korea, maybe Germany to save them. It won't work. The hard truth is this, is that the outcome of the Australian economy Does not look good. It does not look good because where things are going. Yeah, their economy is not going. I feel comfortable. Or let me ask you a question. Of course I might ask question before I'll get into the detail stuff, but do you think just on the top of your head, based on what you know, don't assume But based on what you know, do you think Australia's economy is heading for recession? Just type in the answer on the chat box if you like doing that. So Australian economy is fading with full rate raise— you know, I'm sorry, with the, with the full rate rise that is their central bank is going to be doing, because the impact is going to be coming soon. And this is why I'm saying, are Australians' hopes to fend off, uh, uh, sort of recession despite the global economic danger? Nah. What the media is saying versus what it is are two different things. So, and one of the things you can look at it in the economy usually You know, and again, I'm not an economist, just to put this on a record, but I've learned the basics of the economy among many sectors in the economy. Because you can have your economy depend on one commodity, like in the case, for example, on Saudi Arabia. The economy has been depending heavily on oil. That's about it. So you think about it, what will happen if tomorrow there is no oil in Saudi Arabia? So Saudis cannot put a car together, doesn't have, uh, you know, this is why the argument with this diversification. In the case of Australia, the trade that it had with China was kind of making it rich. China needed the raw material, access to those. Australia was getting money for that, in, in, uh, its economy was doing good, its businesses were doing sort of a lot of trade with, with China, till they decided to embark on a failed policy, ill-conceived beyond imagination. And this is where I said earlier, you draw the parallel between Australia, Germany, and UK, France, and other Eurozone countries, and the US for that matter, uh, the US to a degree, because our economy is larger than Australia's. But in the case of Australia, it just like shot itself on the foot. I argued this a year and a half ago, almost 2 years now, that what lies ahead for Australia economically is not going to bode well, is not going to be well. And here we are. So, so one of the key issues that Australia now is having is the housing issue. You know, Australia has fewer homes per 1,000 people than the average other nations in the Organization of Economic Cooperation and Development. So, so when you look at it on, for example, quarter-on-quarter GDP, the growth in Australia cooled down in first quarter, you know. And this, of course, it's coming in below market expectations because the market in Australia was saying, oh, we could see signs of recovery. Same argument that I said last time when I did the video about the UK. The mainstream media is gonna report— of course they're gonna report what the financial sector is telling them to report. So they can give that rosy picture about the economy when in reality it is not. So consumer spending in Australia, uh, decelerated very, very fast. And why is this? Is because the sustained— once again, sustained inflation. This is why I shared that picture with you guys here, this one. It's no different than what's going on in the UK regarding— despite what the government's saying, that inflation is sort of going down. And why, if it is, why prices are keeping up? Why prices are not falling down? And I will share with you later on some postings that puts an emphasis on this. Then you got the, for example, uh, certain external sectors in the economy that posted negative— get this— negative contribution to the economy. And why is this? Is because a rebound in import. You know, they all tied. The whole sector of economy is tied. There's intertwined. It's a global a globalized economy. They shut— they, Australian government, that is— because it's the people that's suffering. Aussies are. Average Joe, Average Jane in Australia. I've seen some pictures that, you know, it will make your heart break for seeing an elderly living in the street. An elderly shouldn't be in the street, or even a young person for that matter, if the government was doing its job. So the external sector posted a negative contribution due to rebound in import, because that's why Australia shot itself in the foot when it embarked on these ill-conceived policies back when former President Trump decided, oh, we're gonna now sacrifice Australia. And we did, and we're still doing it. You know, you look at now with this incompetent prime minister going for this AUKUS deal, the submarines for $378 billion, and yet the housing market is crashing, homelessness is increasing in Australia, food prices still going up. That just defies logic. And you look at to his counterparts in Europe They're not doing nothing different than that. The clown PM Sunak, as I said last time, and I did the video for that. I don't want to be repeating myself here, guys, but, uh, uh, for those who did not see the video, just check it out. I just posted this morning. You know, you, you're saying to yourself, oh, the possibility that there's a slight increase in the economy showing signs of recovery when in reality it is not. You're lying because people go in grocery store and finding out that their bills are being increased by about 23%. So how can you justify this, uh, you as a prime minister giving a— or lying to the citizens? Australians are no different. It's the citizens that end up being hurt, being harmed. Germany is the same. And this is why you have the conversation right now in Germany about pushing for this deal— not deal, pushing for, uh, settling the conflict between Russia and Ukraine, because it's hitting home. It has been hitting home economically. And that's why it will be fair to ask the question too, not just about Australia, but UK and Germany. Do you think those two economies in UK and Germany are also heading out for recession, including ours here? So if you take the four, and you may add Canada to the mix, and I am about to find out about Canada soon, you add four, you got the UK, Germany, the US, and Australia. Are all those economies heading out for recession? What do you think? So the current, the current quarter in Australia, uh, sort of— this is what the media is saying— the current quarter in Australia should, should show stable momentum. That's just the wording, guys. You know, you'll, you'll, you'll, you'll pick it up over time as you get more familiar with how, uh, the, the, the governments word certain things is to soften the blow. You will learn as you move forward. So, and, and, and funny how they use the term steady. Steady is a keyword, especially if you want to soften the blow as far as the true reality of how the economy is doing. Same thing they are saying, oh, retail sales We're steadily— we're steady month on month. We all know it's a lie. We all know it's a lie because businesses in Australia are suffering big time due to the impact of what, what happened with China. And China— all China needed to do is stop importing certain items, and we're looking at the results. Last month in May, the incompetent Prime Minister Albo, you know, he met with the Indian Prime Minister Modi, and the two leaders signed a migration deal. And stated that they were working on a wide-ranging agreement to deepen economic ties. Once again, it doesn't happen in a vacuum, and I will tell you why as I move forward later on, on the housing issue. Then comes again the issue of Australian inflation. Okay, what are they saying? What they're saying that the annual inflation came in at a 7.0%, okay, in the quarter one— the, the first quarter rather of this year, which is down from the fourth quarter last time of 7.8%. The common question I'm gonna ask you is, would you trust what they're saying? That's almost— I feel like what the Wall Street Journal. Well, uh, uh, Wall Street, yeah. Oh no, I'm sorry, I'm sorry, I'm sorry, I'm sorry. Like what the New York Times just said about, oh, uh, there was leak from the government that the former head of the Russian military was aware of the failed coup, or attempt coup, whatever you want to call it, of the, of the Wagner Group. I mean, would you believe the, the New York Times? Or the Washington Post. It's no different here. Would you believe what Canberra is saying? Like I said last time, you look at this strategic review, what's on that title? China is the national security threat. And Aussies were like, what the heck, since when? As a matter of fact, it was, uh, one of you guys Uh, let me, let me go back here and I'll share it with you because that— this is the reason why I read, I read your comments, guys, because it's a learning process. You can learn from it, you know. Uh, Yip Chung, he said Australians are propagandized Americans and British populists. It is a tribalism. Most Australians will not be able to tell you what BRICS— Brazil, Russia, India, China, uh, uh, and South Africa— or BRI mean. If one needs to oppose something, it would be good idea to know what one is dealing with. Australians don't have a clue. He's right. He is right. This is why always read the statements from media, whatever Carefully use your critical thinking. So, and this is why they are justifying now, well, should we increase interest rates or not? What do you find ironic? You know what it is? Is that in 3 locations— Australia, UK, and the US— UK has already moved forward with it, increasing interest rate. The other two are about— and all this, all this, tie it to the big picture. What am I talking about big picture? Come July 24th, we're talking about CBDC, Central Bank Digital Currency. And again, nothing happens in a vacuum. So this is why you're seeing Reserve Banks will justify its action by, for example, it says, therefore, as a result, that is, inflation moved closer to the Reserve Bank's 2-3% target band. So inflation is set to ease. Here is another word again. It's set to ease further ahead. Aim the warning of base effect. All this is nothing but bravado, empty stuff. And this is why I wanted to share few things with you about some of our viewers on the ground. I'll share the first one here about the UK. That's from Dead World 8414. He wrote, and I quote here, I am in the UK, and although people are carrying on as normal on the whole, but as prices in the supermarkets are rising at an alarming rate. I cannot understand how many of these people are managing, or how many of these people are managing. I would imagine by Christmas this country will be seriously showing signs of poverty, as those who have managed to make their friends believe they are still doing well by borrowing will hit the bottom. Spot on. That's why again I urge you guys, uh, read the comments when, when I post a video or something and there are comments there. If you can read some of them, or, or if you feel like it, you know, it's worth it. I learn from it, and I thank you all for doing that. Here's another one from Singapore, GrailDragon151. He wrote, and I quote, Same here in Singapore. The government here, the government here claims that inflation has eased, but food prices have not. In fact, this year the government increased town council fees, utility bills, goods and services taxes. It's very bad for retirees. If any, as large portion of meager monthly allowance made out of savings are for food. The world is turning to a time just before the French Revolution. Spot on, because French Revolution— and again, I did talk about it before— why did it happen? Why the French Revolution happened, and it happened because the widened gap between the poor and the rich got wider, but also happened because France was indebted so much because of its foreign interventions. They were all over the place. To be all over the place requires amassing debt. And when the chickens came home to roost, people back then, the poor people, start to feel, what is worth living for? What are we working for? I feel it's the same thing some of us Americans are asking. What is the point of it all? You work hard, you put in 40, 50 hours a week, the government comes over and take your hard-earned dollars turn around and send them to Ukraine or whatever God lands, whatever that is, which I kind of find it ludicrous, you know, instead of taking care of issues here. Same thing, we can tie it to Australia. Same thing, we can tie it to Germany. Same thing, we can tie it to England. In the case of Australia, allocating 370 $1 billion for submarines, really? You know, and let alone that Albo himself, the incompetent prime minister himself. Did you guys know that he came from the projects? You know, he grew up poor, the single mom, he was living in projects, and yet wanted now to undermine the Australians, not even having that ability to afford the house. The UK, the, the clown Prime Minister Sunak, you know, calling for, well, we gotta support Ukraine. What about that average Joe, average Jane in the UK? You won't understand the reality because you came from that elite group. You're gonna advocate for what's good for the elite, let alone you, this, the clown PM, cheated the system by not paying about £20 million or £28 million. I don't remember the exact number. Cheating the system in support of his wife, not paying that. Where is the fairness in the system? You know, Germany, you got like this clown chancellor, has no clue, clueless about what the real world is all about. Harming the Germans, because now German citizens, now the, the things are beyond their— what they can afford. Some people in the world are living on a fixed budget, especially retirees. You increase utility bills for them, they, they're going to have to take, you know, things out of something else. I like— I always give that analogy, you know. Just imagine this for a second, guys, and I'm gonna put it in a personal setting for you because it will make more sense to you. Just imagine your mom or your dad, your grandpa or your grandma, okay? They're living by themselves, okay? And your grandma or grandpa or dad or mom holding a medication bottle in his hand or her hand and opening the fridge. On the other hand, you know, they can either buy medication or buy dinner. They can't have both. How do you think you're gonna feel when you find out that is your grandpa or your grandma or your mom or your dad dealing with this issue because the damn government decided to increase taxes or waste the money to send it to Ukraine. In return for that, energy prices go up, utility prices go up, inflation go up, food prices go up, and your mom or dad or grandpa or grandma who is living on a, a fixed income all of a sudden and happens to be on medication, which is another— what's another factor that wish it wasn't there, because the whole Big Pharma thing, which that's another— I'd be happy to do a topic for you guys about it all. If you only know, if you only know what Big Pharma's plans are. That's why I share those health tips with you guys. That's my way of wanting to make sure you stay in good health, because your health is the only asset that's going to last you. Money comes and goes, wealth comes and goes, cars comes and goes, houses comes and goes. If you lose your health, you're done. So that's the reality of it. And now when you look at what's going on in Australia, you start to think about— let me share something here that Jack Robert is from England shared, shared this with me here. So I actually shared with all of us. If you read the posting, guys, you see he wrote, and I quote, food prices are up at least 20%, and I will trust Jack. I will trust Jack over BBC. Wrong. I give people benefit of a doubt till they prove me wrong. So he wrote, and I quote, food prices are up at least 20% to 25%, but more like 33% on smaller items. My regular food bill no alcohol included, for 4-person household, has gone up from £105 to £108 per week. It went up from those prices to £130 sterling pound. So which means what? 23.8% increase. Energy is lower as of summer But UK energy prices are highest in Europe. Another post from— and I, I am so sorry, I, uh, I deleted by mistake the first part where the name was, but I'm gonna just share it. I am a Nigerian— and I quote here— I am a Nigerian-born Australian citizen living in Sydney, Australia. Our economy here in Australia, uh, are not strong at all. Australian dollars is dead to the weaker economy. Prices of everything is going up all the time. Things were too expensive here in Australia. High cost of living is worrisome here. To be honest, I am tired of all this nonsense. That's going on in the Western world. They are just inflicting unnecessary pains to the ordinary people around the world due to their ego and propensity. I couldn't agree more. And the last one I'll share with you here, I think is the last one here because I need to move on to some other stuff here. This is from, uh, from, uh, one of the subscribers. I'm assuming you're a subscriber channel, uh, Antle Crazy. He wrote, and I— he or she, I don't know— wrote, and I quote, I will be blunt and maybe quite impolite. I heard few times both Albanese and Morrison spoke since China reduced a lot of buying from Australia. It always seems to me that both prime ministers ascribe the decline in trade to China. Yeah, shifting blame. What do you expect? That's usually what a weaker person does. FYI, in general life, anybody you come across, people like that and they shift the blame quick, that's a weak person. They are not willing to face the truth and reality and accept responsibility. And that— you need to be careful with people like that. I continue here. Put the blame entirely on China. This is very curious position. China did not do anything on its initiative to try to hurt Australia, but Australia has been very aggressive towards China since COVID back then. I understand that this could be due to their need to stage a drama— Australia, that is— to take a strong position in front of the voters. But the intensity of their accusation is— I always found they spoke as though China owed them money. It sounds like we should always buy from them, and not buying from them is a crime. The attitude is very arrogant and loathsome. If I were in a position to influence our national policy— of course I can't— I would totally object to buying from them ever again. So what does it tell you all? These are just some samples here, and there are some articles, by the way, Uh, I'll be happy to share them with you. That, uh, uh, I think Jack, uh, not I think, it's Jack that shared this with us here. Uh, I'll get you guys the link to, to look at it here. And, uh, uh, regarding the housing part, so let me share the link with you guys so you can have it and And, uh, all right, let me see. Here it is. This is one link here about the housing thing, if you feel like reading on it. So housing in Australia seems to be very, very, very problematic. And the reason being because what just happened about, I think, a week ago is that the federal housing minister Julie Collins has signed support for further regulatory intervention. You know why? For Airbnbs. Yeah, they want to basically wipe out Airbnbs. That's why they call it the crackdown. So, the rental crisis, Airbnb crackdown backed by housing minister You all know why they're doing this. You know, in the short term, rental markets argue when Airbnb is reducing the availability of homes in a regional and tourism area. Oh no, oh no, it's the cost. People cannot afford the housing cost because of where prices are in Australia, where the economy is in Australia. Airbnb has nothing to do with it. You know, you look at it like I said when they had the, uh, the, uh, strategic, uh, review for 2023. China is and was never a military threat to Australia. You know, like I said, for the last 25 years, Australia and China— as a matter of fact, China is Australia's biggest was biggest trading partner. So, so what I found very interesting about those policymakers, they just, they're just throwing confusion out there so every citizen won't be able to really differentiate and see where things are. To me, Australia has some bizarre reasons because to view China as a national security threat, you know, because the common sense would be, okay, is this why did you join the AUKUS with the UK and US? So why didn't you, Australia, in this case, say that Australia was a national security threat? How come the national security threat became after you you joined AUKUS. You know, it just doesn't— Aussies now are— they're not gonna have enough energy, brain energy, that is, to devote to understand these dynamics because they are consumed by the cost that is going up in Australia. It's no different than in, in the UK. I'm going to show you a picture here, guys. This is in Australia, and I checked it. This is where people are sleeping. It is a painful one. So the policies So that's why they threw in that confusion, is to not let people have a clear understanding. But if you learn how to decipher that kind of confusion, because they are, they are throwing words to, to keep you off balance. And as I said again, if you are consumed by other concerns, economically speaking, How odd your brain capacity is going to be focusing on having some analytical, uh, you know, thinking critically and so forth. You won't. It's human nature. When we get consumed and stressed by other stuff, there's— there is no way you can think rationally. So I always say, never make a decision when you are angry, because when you are angry, you couldn't think. Straight. The truth of the matter, or the fact of the matter, is that the present Aussie government in Canberra want to go to China to open full trade like what it was before. This is what the incompetent Albanese is hoping for. I have my doubts. Because it will be full— it will be— it will be full of China to trust. You know, now the trust in the West is gone, has been gone for a while. What makes you trust the government? Because the next election you'll get another guy following same policy. And the wonder is, why would China resume full trade with Australia? That's the logical question I would ask, you know. Does China need Australia that bad? No, is the truth, despite what you hear. It is very sad for small businesses in Australia that they are suffering, those that have nothing to do with the government. So, and Australia was earning serious money from trade with China. It's a fact. So, so when they start saying, oh, China is a national security threat, we're gonna have to arm ourselves— and again, I found it very ironic, they didn't say this before the establishment of AUKUS, they said it after the establishment of AUKUS— to justify the military spending at the expense of the housing market, inflation, economy, and so forth. So this, this Australian leaders are really, really incompetent. That's how I see it. You know, this spreading, this spreading this, uh, kind of exaggerated news about, for example, New Zealand foreign minister having an intense dialogue with King Gang, a representative of China. So I get further confirmed that many of these Anglo-Saxon politicians are very jealous, if I may use the term, and prejudiced in their minds. Otherwise, how would you explain this behavior? Like, like, like was, was written in the article, I remember, and, and this is not my word, by the way, I'll put it in quotes because it belongs to someone else, you know. They put that the bad, the bad human trait is deep in its blood, end of quote. There's some truth to that. There is some truth to that. Let me show you something else. I'm gonna share this link with you because you need to And again, uh, Jack— I give, uh, Jack the credit for this because he's the one who provided all this for us, for all of us to learn. So thank you very much, Jack, on behalf of everybody. Uh, so, and, and I'm going to share it with you guys because you need to see. It's very, very important. Let me present here, share screen. Supermarket. I don't know, right there. There we go. You guys see it, right? Yeah. Monthly Food Inflation Tracker revealed food prices changes broken down by a range, supermarket and grocery items. And once you go and click on each one of them, for example, I'm going to just click quickly here on inflation, 23. Look at the— look at the numbers. The tracker says it dipped to 16.9% from 17%. Yeah. Oh, it's dipped from— to 16.9% from 17%. You know, that's how much they think people are stupid. They're not going to be able to or realize, you know, what are we talking about here. And the graph will tell you everything you need to know. Look at the prices here on the market. Yeah, you guys can see this one here. No, look at the numbers. This is the time between March and May 20th this year, of course. And look at here towards, uh, uh, uh, in May. Those are graphs that shows you. Once again, thank you very much, uh, Jack, for sharing this one here. Let me see if there is another one here to share with you. Uh, yeah, you guys can see this one here. So why are food prices rising? Prices for feed for fertilizer and fuel. Well, we all know, we all know the conflict that the Euro— the Western world created. I'm gonna stop this one here, guys. Uh, the European created, it's now manifesting itself, or has been manifesting itself. We shouldn't be surprised. The, uh, This rental housing in Australia, it's, it's the economy of Australia, it's gone. I, I feel comfortable saying this, seeing the numbers, seeing what's going on. Same thing with UK, same thing with Germany, France. As a matter of fact, France yesterday, now they have been some major— of course it wasn't related to this, but some, uh, chaos going on, demonstrations after 17-year-old, uh, uh, guy or boy, whatever you want to call him, teenager rather, I'm sorry, uh, was killed by police. So, so you take a step back and start to think this chaos that exists in, in, in the Western world, uh, they can't be just randomly. What is really the overall objective? So I did, by the way, be on a lookout for a video, guys, that I'm going to be releasing soon about why President Biden called President Xi a dictator. There's very surprising reasons to why that term was used, and I go behind just the terminology, and I provide, uh, I provided them a brief analysis. I, I, the video is with my editor right now. He'll finish it and I'll I'll, I'll launch it for you. And this is again why you need to put things in perspective, you know. I'm, as I said, I'm gonna be checking out on a particular, uh, uh, fact-check it rather, on a particular, uh, issue that's going on right now in Canada. And yeah, as I mentioned earlier in the other channel, that, uh, the Canadian now is going to pass legislation basically eroding the freedom of speech. And we all know what it means. Canada, Canada will be first of all isolated, and second, Canada will be gone. Not physically, but gone. Canada used to be held at the helm of really a country that has a great respect for human rights. For yes, there were some abuses back then, especially towards the, the indigenous people. We all know this. It's not a mystery, but with the government of the current Prime Minister Dictator Trudeau, things went too far. He went too far. So I'm be curious to know or see how things going to move forward. At some point, Canadians won't— you know, Canadians are nice by nature, but don't underestimate them. They can push back. So, and it makes you just think, think the big picture. Are all this by design? If it is a design, what is the objective? And that's what I disclosed in the upcoming video. I hope you guys get a chance to watch it. So, all right, let me see what else I need to cover here. And, uh, So basically, that's— yeah, I talked about all the key, uh, yeah, like last time I said I didn't do the health tip. I will do them for you guys next time. Uh, oh, Stefan shared with us, guys, I cried at my daughter's grade 8 the other day during Oh Canada. Wow, well, sorry to hear that. Yeah, yeah, Trudeau, Trudeau is destroying Canada, uh, let alone that the corruption that exists. But Trudeau, you guys shouldn't be surprised, he's also a World Economic Forum trainee. You know, anytime you become a trainee of World Economic Forum, uh, it's problematic. You know, it's very problematic. They're going to push the agenda, and I disclosed in that video. As a matter of fact, uh, let me get— why not, I'll share it with you right now if I can put my hands on it, uh, or get my hands on it, rather. Uh, President Xi, uh, Yeah, I'm going to share with you guys, uh, about the big picture. This is a snippet from, uh, uh, the analysis that I sort of put together, brief one. Remember, for the videos, I do them very short, to the point. I, I don't like to— and thank you to all who've been suggesting, like one wants me to do, uh, a video about France after World War II, I believe. Uh, and, and I will take a look at all those suggestions. One of them asked about Haeri to do a video about Haeri, and, and I will look in all this one. But here is what I wanted to share with you guys because you need to understand it. So, uh, let's never forget the one thing you shouldn't forget always, as I say, big picture. And you put it within the context of what Canada is doing what Australia is doing, what Netherlands is doing, what Germany is doing, what New Zealand is doing. Okay, uh, what, uh, UK— of course, that, that goes without saying. UK basically just has to follow its masters. So, uh, what else? Spain to a degree, Portugal to a degree, because I feel comfortable saying those countries won't matter They won't matter economically. That is why. Then you got the Scandinavian countries, uh, you got Sweden, Finland, Norway, uh, mainly is going to be between Finland and Sweden. But even you, you might not see much from Finland, but you see more from Sweden. You know, Sweden, it's easy now. They found out they— these entities that's managing this global order They're finding out that Sweden is easy to, to push. It's easy to push because they got no backbone to stand up. Finland is slightly different, especially what just happened recently with their voting, that they got rid of the, the, the former prime minister, who's, by the way, also— I won't call her trainee of the World Economic Forum, but she did work for the World Economic Forum. She's too young, you know, I have nothing against her, but Uh, she's just too young for that position. Uh, she doesn't— she did not understand really the depth of, uh, where the issues are. Uh, and that is why Finland end up embarking on— uh, I must admit, I didn't see that coming as far as Finland will ever, because they lived in peace with the Soviet Union and the Russian Federation for last 50 years. 50 years. They had nothing to worry about. Russia never moved any tactical nuclear weapons to the borders. And Finland, when I was in Helsinki way back, uh, and, and you know, the distance, they're closer, you can just hop on a train and head out to St. Petersburg. I didn't go, but I was like, you know, the, the Finns are, are fine. They, you know, they know that this their neighbor, Soviet Union and Russian Federation, they got no issue with So I was very, very, very, very surprised, and I even devoted a section in the book in which I argued the idea that at this moment, I don't— the moment when I wrote the book, I said I don't see Finland embarking on being in NATO, and here it is. So surprising. So, so this is why you put this within the bigger context, and what I thought about is the idea, as I said, uh, let's never forget we are in the midst, you know, in the midst, yeah, of both World Economic Forum declared Great Reset and the UN, the United Nations Agenda 2030, which is basically identical with the Great Reset for two main objectives. There are only two, at least what I gathered in my own thinking and analysis and seeing the trends on a global level where they are moving. The two trends that I can think of is massive population reduction, and second is the total control. And this is why digitizing everything— we're moving into the digital everything, basically. This is why the central banks wants to push for the CBDC, centralized, uh, central, uh, the central bank digital currency. And majority are refusing that. They don't want that. So, but because it was, uh, let me get the term right here. It was one term called transhumanism. That's basically digitizing everything, including money and human brain. So this is why I say you think of the big picture and connect the dots, because it becomes on you. I mean, for me personally, I can share all I can share with you, uh, and I would not hesitate to do this. And you guys know this by now, you know this. As I always say, your time is worth a lot. It means a lot to me, and I would never waste your time. Because I don't want my time to be wasted either. I will never do that. This is why you have to think of the big picture. All the chaos that's going on, it's not in a vacuum. So what Australia end up embarking on, uh, it's, it's, it's by design. The sad part of this all is the citizen that end up paying the price for all this. So, and if you like me one day to do a topic about this, really what's the big plan or who's managing that, I'll be happy to do it. Just leave me a comment and I'll be happy to do it. So, all right, let me see, guys, if you have any question here, and I will answer one or two, and I am going to be Uh, I'm gonna be thinking about, uh, uh, doing, doing a video on, on what's going on in Canada. Yeah, that's another request, by the way. Somebody— I forgot the name, I'm sorry— but somebody mentioned, can you do a video on Canada, where it's going? Yeah, it's worth doing because Canada is going some direction. Oh my God, I never, I never expected it. If you would have told me 10 years ago, just 10 years ago, oh, Canada is going to be going this way. I'll tell you, you must be out of your mind where it's going. You know, Canada, by the way, is running into a serious financial problem, very serious. Canada's retirement funds, that's one thing citizens, I don't know if they know about it or not, and this is what concerns me the most about this new legislation that now the government of the dictator Prime Minister Trudeau trying to pass, because that will limit the flow of information. It will only be the information that the government wants people to know. Well, obviously, if it is the case, what do you think is going to be? It's going to be the information that suits the government's agenda. So there will be no criticism of the government. There will be no challenge of the government policies and so Then where is democracy into all this? That's why I always fall back to that point. Democracy is nothing but an illusion. It's a consumption of ink, no more, no less. So the financial crisis in Australia— I'm sorry, in Canada, uh, is, uh, the retirement funds. Within 15 years, they might not even have enough funds to provide for retirees. And let alone with the policies that the current administration is doing there, which is following in the footsteps of both the United States and the World Economic Forum. Because Trudeau is— Trudeau is not his father, by the way. Uh, he can be, uh, Jean-Pierre was far better. Ask any Canadian, especially the older generation who, who lived under the, uh, during the government of Pierre Trudeau. They, they alleged Justin Trudeau's father, biological that is. So I'll let you decide on that, whether it was his biological father or not. You have to do some research on that. So, but that's not the point. The point is uh, where Canada is going, where Canada's headed, and it doesn't bode well. It's no different than what I said about Australia, and now we are looking at it for Germany and France and the UK and other European countries. Very concerning, very, very, very concerning. Uh, by the way, guys, I did the video for you about the NATO the Sahel region. I will be releasing it soon. Be on the lookout for that. Very, very fascinating. Uh, I will be doing— I will be releasing that for you soon once my editor— uh, speaking of my editor, because I think there's a holiday in his country or something like that, so, so I'll wait on that. And, uh, and I always welcome your feedback and suggestions for topics. And again, I am gonna be thinking how to structure the next topic for you to understand the big global picture. And as to— well, we're not talking about conspiracy theories here. I, I don't get into that stuff. It's not for me. My personality is not for that. I'm a straight shooter. If there is something to be talked about pragmatically and objectively, I'll do it. If there is nonsense stuff, I don't get involved in that. So, all right, let me see any question from you. And I always thank you guys for being here. And, uh, oh, uh, JNX, please do a session on spiritual aspects of this agenda. I am really interested in your take on this topic. Uh, I'm not following here. Spiritual, from which angle? Uh, Yeah, if you can, if you can specify in a comment or something, at least, uh, because I need to— this is very, very broad. I need to be specific. And, and if I am to do this just on the top of my head, I'm gonna focus on the financial aspect, for example. I'm gonna focus on the, uh, the control of the economic resources, okay? And I'm gonna focus on, uh, for example, how if you want to make the society sick What would you do? How to make a society sick, and why would you do that? What would be the objective of it? Yeah, if you can just elaborate later on, uh, in the comment section, whatever, I'll be happy to, to, to consider that one. So, uh, this one from JD: please do, please tell us about UFOs. Will US use the technology to overthrow government? Star Wars. What do you think all of this UFO stuff is about? Well, that's a very, very, very interesting, uh, topic. Uh, I'm gonna do, I think, one on the big channel, but I will do another one for you guys here that would be from different angles, because I can't be repeating myself. Uh, I have to do it from different angles, you know. And again, the whole purpose of this— I don't get involved in conspiracy theories and all that. That's not me. I, I just don't have time for that. What I'll talk about, what's subjective. So in the case of the UFO, for example, just to briefly, uh, share whatever, uh, I can share with you, is that the idea for us here, uh, the, the, the United States— yes, we hear about the supersonic of the Russians, the hyper-supersonic of the, of the Chinese and all that, but never forget that we do have some stuff that will, you know, they can outmatch it. We're talking about— this is why you hear the term, and I'm gonna say it for you here, exotic weapons. Exotic— that term is used for a reason. And when you use the term exotic, we're referring to the very, very advanced type of technology that's been either shared, acquired, or reverse engineered. So that's what I will be— if I am to do this, I will be talking about this, you know. Uh, do we have some in, in, in, in stock? Yes, we do. Yes, we do. And this is why, and again, to just put it in the big picture, I don't see it will be wise for us at this stage in the human history to even have a war. And this is why most people do not understand really the root, the root causes for why this conflict between Russia and Ukraine is being pushed forward. Once again, this didn't happen in 2022, in March 2022, or February 2022, or March 2022. No, it was from way back. It's been in the plan. But my point is not about that one. My point is about if this exotic weapons will come into use, where will that leave us as a human race? You know, because that's a fair question to ask, and that will make you think about the idea of, yes, there are those that's been thinking in terms of, oh, the conspiracy theories, UFOs and all that stuff. Well, literally, I mean, let's just put all the prejudice and all the bias and everything aside, and then I'll ask you the simple question. Do you think, in your opinion— you don't have to be scientist, you don't have to be astrophysicist, you don't have to be an analyst, you don't— average Joe. Do you think we are the only one in this universe? I mean, come on, that will be the, the utmost arrogance we humans can even consider, that we are the only smart intelligence in this universe, when in the universe in itself they are more finding out more and more that, that, that the 14.7 billion years since its inception, that might be just the beginning of something that is before that. A universe out of a universe, you know, because it goes beyond our capability of comprehending. And why is this, you may ask? Is because you think about the capacity of your brain. How much do we use, we humans? We all share this. How much do we use? Approximately 10%. A smart person in among us, Einstein-like, will use about 15, maybe 20%. A kid from other civilizations over there, a kid of 3, can do, uh, astrophysics equation in his or her sleep. It's because you can't compare. And for us to be thinking we are the only living creature in the universe, that just defies logic. So, and that's where that idea of this exotic weapons comes in. So we do have some, and I don't think so it will be wise for us to even any, any military conflict— let me just put it in a simple terminology— any military conflict will not be very well, will not, will not end well for the, for the world because of certain types of weapons that exist. And could it be that the intervention from some other, uh, beings, you call them whatever you want to call them, but could it be that some other intervention from other beings is for the sake of our safety? Not about— because if there is one logical thing to ask yourself is, what do we have to offer other civilizations up there? What do we have to offer them? What can we offer them? Nothing. They don't want anything from us because some of the civilizations will be about 100,000, 200,000 years ahead. Heck, we didn't even break through Type 1 civilization. We didn't even break through that. We are still at 0.72 on the scale of Kardashev. That's not even Type 1 civilization. We're not even talking Type 3. We're not even talking Type 4 civilization. So for us to be thinking, oh, we are the smartest, we are the only— no, no, no. That's arrogance. That's what it is. It's because we don't want to admit our— what's the word I'm looking for? Failure. Yeah, I mean, look what just we are doing in the world right now. Look what we are just doing with the conflicts and creating this, creating that, instead of thinking in terms, how will it be had the world cooperate, all of them? You know, who are we to dictate to another country how to live and what to do and so forth. How about live and let live? You know, cooperation, and we all will be in peace. And being in peace, then you just move on in life. When your time is up, you move on to another dimension. You know, you call it whatever based on your religious views, if you are religious. I, I don't know. I respect people's religions, and I usually don't get involved in the conversation It's because even a religion, you're gonna have to put a question mark on it, you know, uh, knowing what I know, for example, about the Vatican, you know, the dark side of the Vatican. And by the way, I'm not, I'm not pointing fingers at all religions have that, you know. There's the same in Islam, the same in, in Judaism, the same in Hinduism, the same in Jingoism, and the same in you name it. They all have because it's man-made. You know, once you have this, you sell the— it's, it's, that's another conversation for another day. But you think about it in terms of once we finish our journey here and we cross to another dimension, you know, how about if we all live in peace and live it, you know, when our time is up, you leave it in good conditions for your kids, your grandkids, and you move on. You move on to another dimension where you're not gonna need this physical world because this is just physical stuff. It's just stuff. No more noise. Yeah, I'll be happy to do that one day. We'll figure out all this and then we just go from there. So, all right, let me take one more look at any question from you guys. And once again, uh, I, I do appreciate you for the civilized conversation here. So I really thank you so much for that. I, I truly appreciate it. It's a reflection on our platform here, you know, because you are part of this community. So it just— it's reflection on us, you know. This is why when I share information with you, I have to make sure I'll check. It's because my name on it, my credibility is in line. I'm And I would never ever, uh, uh, sort of, uh, uh, hinder that because I worked hard to be what I am today. Oh, Jonathan Gibson, uh, you might interview Robin Grabby, aliens, Hansen on life probabilities, alien motivations, why they should— yeah, that would be great. I haven't— maybe on the big channel would be easier, but Uh, you know, I am thinking about it down the road. I just need to grow the channel a little bit bigger. So that's why I'm hoping a lot of people who might watch this for the first time will subscribe, because that's the only way for it to grow. So if, uh, if you can help me out, spread the word, that would be very great. I would really appreciate it. But yeah, I will, I will consider that one, of course, and reach out. And there are some, by the way, that I reached out to, uh, like for ex— for example, Professor Sachs. I did reach out to him. I reached out to Colonel McGregor. I did reach out to Scott Ritter. I did reach out to, uh, uh, Professor Wolfe. Uh, I, I did, I did reach out to some, you know. Some are busy, some never responded, and I kind of respect their space. And that's the way it works, you know. They're busy, I'm busy, and, uh, and same for me. I'll be happy to go on who depends again who invites me for the interviews. I usually don't go just to whomever either. It's because again, uh, it's my cred— my credibility online, so I gotta be aware of where I am landing, per se. So, all right, okay, let me see. I'm gonna go all the way. Oh, Osiris, yes, you're right, the universe is infinite of infinite. And this is something that we will have a hard time because our brain capacity is very limited. We won't even understand the concept of time in space. We won't even unders— we won't be able, able to comprehend that, let alone understanding the vastness of universe. Like, there is no end. So that's why, uh, we think we are this high and mighty. We are very minute. In the big scheme of things. So, all right, let's see. I'm gonna go all the way back up here and scroll down and see if there are any questions. And just put Q, I would know it's question. And, uh, and again, just to remind you, the quicker we reach 100 members on the channel, the quicker we're gonna do that Q&A, because that's where it will be. All, because that's all I'm going to be talking about. It's answering your questions. Doesn't matter. And if I don't have an answer to a question, I'll say, I'm sorry, I can't answer that one. But that's, that's the whole point of why I wanted to do this one. But we have to reach that number first. So I appreciate the new members, and for those who've been supporting the channel before, uh, I truly, truly appreciate you for all that. Oh, I didn't call this out yet. Oh, Man Lang, thank you so much for your super sticker. Truly appreciate it. Thank you so much. Uh, and I'm going up, guys, to see first, then check on everything here first. Then I'll see if there's any queue or a question, and I'll answer it for you. Yeah, and I'll think about this, uh, question of the UFO stuff. I know it's been a lot of conversation recently, but again, I, I, I personally don't follow the crowd. I'm not a follower, you know. I don't follow, uh, uh, in the appropriate time, uh, and once I figure out exactly what I can share and what I can't, then I'll, I'll go ahead and do that for you guys. But in the meantime, I am thinking about doing one about Canada, uh, it's because you guys need to know what's going on with that. And I am gonna check into Singapore to figure out why the government is not disclosing that information. And it's got its Singapore, uh, sort of playing both sides as well. And if it is, why? Because I do know at some point, uh, there were some, uh, Singaporean government got a heat from the US government about some financial dealings. So that is, uh, so I, I, I don't know. I don't know. So, okay, here's a question from Uh, uh, Hong Luan. Oh, I'm sorry, not this one, it's right here. Question: wasn't Modi called a dictator? Hence why Biden called Xi a dictator to deflect attention from Modi? From, uh, I do not know, and I don't— not to my knowledge. You mean, did President Biden call Modi a dictator? That I am not aware of. You know, I— what I'm aware of is that Modi, Prime Minister Modi, has been criticized a lot for, uh, allowing the treatments of the minority Muslim in, in India, to the point some of them were killed, and without his government doing anything. So that's why I'm saying— I said this last time— India has those, uh, ethnic issues that needs to be resolved, because India is an old civilization, you know.. It always has those kind of, uh, different ethnic groups and so forth, which is great to have, but also when it gets out of control, that becomes problematic. So, so I do not know if President Biden has ever called Modi a dictator or not, but I am aware. And as I said, I made the video, and I will disclose that for you when I release the video, so you'll see it. So, uh, okay, one more question, and and I'm going to sign off, guys. Uh, I need to work on something quick here before, because I gotta leave the country soon. And, uh, we'll see you next week. All right, let's see this one here from, uh, Astray. Uh, question: in Australian news today, they are saying inflation going down. How they are so confident? They are spending a lot of money on projects. Where, where all the money coming from? That's a good question. Well, the one part, the first part rather, when they say that's the government tactics, uh, to my knowledge the inflation is not going down. And even if it goes down, like the chart that I showed you, it went down from 17% to 16.9%. What is that? That's nothing. So, so the government— the reason, just FYI for you guys, when you read statements like this, especially in the data, in the data setting, that's usually to minimize the impact of the, of, of the information, to minimize the impact of, uh, how serious the, the problem is. Because you think about it, why the government in UK, for example, coming forward as saying 'Hey, the prices of the food are going up by 20%.' Why aren't they coming on saying that? Rather, they're saying, 'Oh, the economy is showing signs of improvement.' It's to minimize the impact. Australia is no different. As to where they're getting the money, uh, my only thinking is maybe printing soon. Because remember, uh, who controls the, the process in Australia is also the banking system, the financial system. This is why you see in the hypes about China is a threat, is national security threat, and so forth. That's usually what it is. So, all right guys, uh, I hope you'll find this session here very informative. Uh, like, that's always my objective, is to provide you reliable information that will be of use to you. Because I don't want to waste your time and I don't want to waste mine here. So I look forward to seeing you next time when I get back to the country. And, uh, uh, uh, till then, stay safe, okay? As always, remember, geopolitics impact your daily life in more ways than one. Till next time, guys. Bye-bye.
More from David

Beyond the Single Actor: Why the Gulf Isn't Choosing Between the US and China

Iran, Iraq's Militias, and the Houthis Are Coordinating! This Changes Everything

Who Controls the Next Decade's Resources? Latin America and Africa's Geopolitical Crossroads

The Chokepoint Trap: How Washington's Stupidity Triggered a Cascade That Now Controls the World

Trump Spooked as IRGC Unveiled dual-use SLV, Deployed Ghadir Mini-Subs & Hinted at Tactical Nukes!





