Global debt, CBDCs and monetization pressure

Yesterday I had Veles back on the podcast for the first time since last March, and it was one of the rare episodes that I listened to the whole thing while editing it last night. We obviously talked about recent events in the Middle East, but he made a compelling case that both sides are pulling punches by refraining from destroying electricity infrastructure and desalination plants. If you want a podcast that talks about the different competing factions of the elite and the birth of a new economic system, among other topics, this is the one for you. You can find Veles on RogueNews, where I also have a weekly show.

Podcast Summary

* Why some of the recent chaos in the Middle East is an opportunity to clean house for some of the governments.

* The US and Iran pulling their punches, despite all of the infrastructure that has been damaged or destroyed. If it was total war, we would have already seen power infrastructure and desalination plants being hit.

* The “laundry fire” on the USS Ford, and how it is out of commission for over a year for repairs.

* Why it is near impossible to know exactly what is happening on the ground right now with the propaganda flying in all directions.

* Why Iran has been heavily targeting GCC countries instead of focusing as heavily on Israel.

* The importance of Kharg Island and Iran’s distributed network approach to launching missiles and drones.

* The problems with putting boots on the ground, and why we won’t know all of the details about the US strategy for years.

* Why Congress has to get involved at the 30 day mark of the conflict (9-10 days from now)

* How the conflict with Iran is targeting the London Corporation, and it’s not just Israeli influence.

* The economic systems breaking down and how we have all been caught up in the competition between the different elite factions over the last decade.

* Why the layoffs at major corporations are not driven by AI (at least for now) and how it will push down the value of labor and certain goods and/or services. Physical assets are the only thing that are immune.

* How we could see western Canada break away from the eastern part, and what that would mean for the US and the City of London.

* Why we could see the global economy moving away from a system of scarcity, and building out the power grid with nuclear.

* Why AI data centers need nuclear power as much as nuclear power needs the data centers, and how some of the companies building these operations have used the buildout to secure water rights.

* The difference between world models and language learning models.

* How the US is planning to lock down the sphere of influence across North and South America, and what it means for trade, tariffs, and our Navy patrolling global shipping lanes.

* Why the US is planning to remove ourselves from the Middle East, after some resolution is reached in the current conflict.

* How the US move on Venezuela has cut Cuba off from oil, and what that means for Cuba moving forward.

* Why the international debt load is unsustainable and monetization is coming, and why CBDCs are one path for that.

* The importance of having a turbulent period before a new economic model can be put in place, and why the conflict with Iran is one phase in that period.

* Why major economic and financial market events tend to happen in October, and why physical assets is where he is hiding out.

* The importance of having physical books and DVDs because moving forward online information or content might not be reliable.

* Book Recommendations: Beyond Atlantis: Vestiges of the World’s Lost Civilizations by Mark Carlotto & Entitled: The Rise and Fall of the House of York by Andrew Lownie.

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