the United States is going through serious difficulties these are not ordinary times we are preparing for a turbulent phase it is a very challenging moment for the entire global economy China is facing problems Germany is facing problems the United States is facing problems and that is my concern the great confrontation on planet Earth is between Marxism and capitalism before we begin if you want to start building your fortune as soon as possible practice positive affirmations that will accelerate your success type in the comments my wealth begins now when I see your comment I'll react with
a heart now that you've commented let's proceed in 1967 I studied in New York I attended a military school and my economics teacher made us read Marx's The Communist Manifesto this was quite radical you know what I mean a School teaching Marxism instead of studying canes and malus and all that stuff he made us read it and I realized that most teachers are not bad people don't get me wrong it's like a religion and as you know what Mark said was that the abolition of private property was the number one goal and this guy K
Claus Schwab from Austria or wherever he's from says that one day you will own nothing and be happy that's what's happening on the planet and many people believe in it my poor dad was a Marxist the second point was workers of the World Unite My Poor Dad was head of the teachers union the teachers union is now the largest Union in America teachers unions and that's why we don't have Financial education in schools the third thing was that a progressive income tax was essential for the spread of Communism we are being taxed to death now
and America was founded as a tax-free nation in 1773 when the Boston Tea Party kicked the British out but what happened in 1773 Bankers control the world like it or not they controlled the world back then and still today yes exactly banks are smarter than people give them credit for they have smarter people My Poor Dad was head of education for the state of Hawaii a very intelligent man good-hearted but when I read The Communist Manifesto in 1965 I realized he's a Marxist abolition of private property hated the rich liked taxes unions this is a
free country you think whatever you want and my rich dad is my best friend's dad a capitalist so I had a capitalist education and a Marxist education then I went to military school to learn all this you know I was a US Marine Corps pilot in Vietnam and we killed a lot of Communists there it was sad my concern is as you know America is going to war again because every time the economy goes bad a war starts that's what brought Hitler to power in the early years you know but do you think that's going
to happen again we're already in it can we explore that a bit because that's fascinating to me to say by the way something that worries me because when things are bad for a political movement we're going to start a war right and you can print more money I fought in Vietnam twice as a marine you know it's very interesting what you talk about institutionalized communism or Marxism maybe there's a better way to say it today a diluted version of Marxism is so masked that you can't recognize it but it's prevalent in educational institutions in universities
schools yes yes but they are not labeled as Marxist they are kind of liberal or something they have a different curriculum well we're going to take care of everyone you know we're going to take care of you how is that in America and why does everyone accept it why do you accept this I went to a military school a school in New York I had appointments to the Naval Academy Merchant Academy Army Air Force and Coast Guard and we were taught ACTA non verba not words the lesson we learned as Military Officers was to watch
what a person does not what they say so if you watch the politicians I don't care which party watch what they do not what they say so the first thing I'm not a Republican or Democrat the first thing Biden did was cut the Keystone Pipeline from Canada to America and I'm an oil guy I went to school worked for Standard Oil I went to school to drive tankers for standard oil and the price I was selling oil for $40 per barrel under Trump by the time Biden took office and cut that pipeline oil went to
$130 and he knew exactly what he was going to do he wants to create a divide between rich and poor and that's Revolution as you know it takes that divide to cause a revolution Division division anger so America is a deeply divided and angry Nation right now and they can't comprehend what's occurring you know why Biden stopped the pipeline he didn't have to do that secondly he just opened our borders and 10 million people crossed watch what a person does not what they say so there's a lot of strange situations happening in America we're so
fragmented now it's not safe it's not healthy Bob Kennedy is a good guy nobody dominates him and he wrote about this covid issue and everything he took a stand against big Pharma which dominates the world just like Banks as you know so Bob Kennedy is like your family they can't buy him I appreciate Bob Kennedy it's not about being Republican or Democrat it's it's just someone whose actions speak louder than words and then Bob Kennedy faced big Pharma which is positive my concern you know as Stalin said years ago it doesn't matter who votes it
matters who counts the votes but America has a bad habit of eliminating the kennedies so America is playing with power and banking power as you know the cartels the Federal Reserve Bank is not an American Bank it's a Consortium of the richest banks in the world if you don't play their game they Crush you so that's my concern you know money is power like it or not what do we do about it my idea years ago was to educate oneself I learned to invest by playing Monopoly and Maria montesorri is one of the great entrepreneurs
of Education she said what the hands do the Mind remembers so in school I would sit there words would go in one ear and out the other you know they meant nothing and that was my poor dad lecture lecture lecture lecture talk while my rich dad taught me about Investments by playing Monopoly four green houses one red Hotel so today I own this 10,000 rental units and three hotels I also invest in Bitcoin I use debts and use everything that school doesn't teach so when I saw your curriculum you know with mortgages and everything that's
essential but you're playing with fire it's the Golden Rule he who has the gold makes the rules and the first thing my rich dad told me was if you want to be a rich man you need to learn two things right now be an entrepreneur but he said you need to learn to sell and secondly you need to know real estate because real estate is debts and taxes what what do you mean by debts and taxes so in 1974 I took my first real estate course and it opened my eyes because you don't need money
to buy real estate and you don't pay taxes on it so just before I left the Marines you know I got a job at Xerox to learn to sell so I learned sales and then understood real estate why am I a rich man today because I took two courses I learned to sell and I learned about real estate and my poor dad the PHD said go back to school get your MBA and your PhD and he ended up like himself the depth of their resources both financially and intellectually but also in terms of data I
mean their data resources are absurd what they know about you if you're a client of a big Bank a big pharmaceutical company or a big Telecom company they know everything about your life simulation they know what you do where you go how much you spend how often on what how many times you go to the casino online line Casino you gamble and as physical money disappears our behaviors become much more available for others to collect data where do you think we're heading with all this Robert because I feel like it's closing in on all of
us and we can't stop it Marxism is not just about ensuring that no one owns anything but actually we don't even own our own dignity are we going to lose all our privacy well I think it was inevitable what was going to happen money would become digital I think I have 70 Bitcoins but digital is good I'm talking about when banks no longer allow you to deal with physical money that's what I'm talking about I'm getting out of the banking system so I own a lot of gold and silver things like that so I don't
want anything they can print I own stocks but I control them I took those companies public and my goal was to take companies public on the New York Stock Exchange NASDAQ and Toronto I got New York I got Toronto and this summer I'm going public on NASDAQ because that way I control the paper but I'm an entrepreneur and I was trained to do that take control of your life and if you can control your money you control your life years ago I read a book by R Buckminster Fuller it was in 1974 grunch of giants
he just said that your wealth is stolen by your money so the more you work for money the more taxes you pay you put it in the bank and inflation steals it fees and everything else I'm not against it I'm just saying wake up should I buy Bitcoin today I mean Bitcoin is at an all-time high at the moment should I buy these cryptocurrencies should I start entering these environments when people when should they invest in these environments at the peak of the market or will the market continue to grow or should they look for
another alternative maybe they should look at ethereum or some other current that's cheaper how should young people approach these markets well it's extremely clear you need to opt for your education you understand if you listen to a financial advisor those well-renowned ones they'll put you in stocks and bonds and bonds are plummeting it used to be said that Bonds were considered safe currently they are the riskiest assets you can invest your money in the S&P 500 is hitting records and my generation the Baby Boomers generation is getting ready to retire you know that character Lucy
from peanuts so Lucy would hold the football and Charlie Brown would run to kick it and she would take the ball away at the last second I think they're going to do that to the Baby Boomers they're going to loot the pensions they're already looting so the American baby boomer generation has a 50% chance of not being able to retire many are becoming homeless not the majority but the number of homeless people is increasing it's it's not as bad here yet but look at San Francisco one of the most beautiful cities on the planet much
like Sydney there are homeless people everywhere they can't acquire a home I wanted to see this in person it's terrible it's spreading across America look there's no Financial education in America look at our leaders you know most people in our Federal Reserve Bank and our government are phds like my poor dad PhD means poor helpless and desperate this guy banki you know who was the FED chairman when everything collapsed he lowered interest rates to zero and printed trillions so today America is in a gigantic bubble there's money floating everywhere the stock market is in a
bubble the real estate market is in a bubble and all of this how long can it continue currently the United States is the largest debtor nation in the world every 90 days they're printing another trillion to cover the deficit they're printing more money because our taxes don't cover our expenses they're printing a trillion dollars every 90 days and then look at China everg Grand collapsed Market Garden collapsed China is going bankrupt and Germany too so as they say when America sneezes Australia catches pneumonia and we're the lucky country but the world is falling apart around
you that's the scary part that's why I tell everyone buy silver silver is around $25 it used to be 50 and I like Bitcoin because Bitcoin gets stronger as the dollar weakens that's the correlation so I own I think 60 Bitcoins or something not much but you know I was buying at $6,000 it's better than losing it you understand but considering that you're in profit I mean would you consider selling and realizing the profit now well you're a banker I take loans against assets and you can take loans against your Bitcoin sure I can yes
I say gold and silver are God's money because God put them here but Bitcoin is the people's money that's the blockchain and blockchain technology is basically a ledger you know a financial statement and I'm afraid I have no evidence of this but that they will use central bank money to watch you that's what China does so they know what you're spending your money on if you're buying a lot of drugs they'll come after you you're doing this so they'll use our money as a surveillance tool I'm afraid of that that's why I own tons of
silver coins so if things get tight I'll pay you in silver I was a pilot in Vietnam it was in 1972 and Nixon took the dollar off the gold standard so my Rich Dad said be careful the world is going to change so how is it going to change I flew Behind Enemy Lines Marines are not the brightest guys in the world let's buy some gold he said yes but it's Behind Enemy Lines let's get in and out quickly so my co-pilot and I we're not smart guys went to the gold counter we were in
the village you know people looking at us like what the hell are these guys doing here we were unarmed no guns so we went as capitalists not Marines you know I'm talking to this short Vietnamese woman with red teeth and I think gold was say $50 I tried to offer her 30 and she looked at me and said spot I said 30 and 50 spot I didn't know what spot meant I thought do I have a spot on my shirt or something and she was talking about gold being the same price all over the world
this little Vietnamese woman with red teeth seemed to have studied at Harvard she was teaching the best lessons of all so we went back empty-handed and I flew to Hong Kong and bought my first Krueger in gold coin for $50 I still have that Krueger in today and now it's worth $2,200 the krugger in didn't change size but the dollar fell you understand and your financial statement is what your Banker wants to see your Banker doesn't care about your grades so I can borrow a lot of money because I have solid finances as you know
if I have bad finances you give me a credit card yes and charge more interest that's your biggest asset and biggest liability the two most important words in business where is the flow going in or out you want it to be coming in really the problem with Trump is that he's audacious you understand he really has that courage and he annoyed a lot of people the bankers they don't like him Bob Kennedy and John Kennedy they were eliminated so even he might be in danger it's complicated to confront the banking system but when they use
the FBI and the judicial system against the man that's fascism see they take our judicial system and use it against him so America is facing very serious very grave problems that's why he was removed you understand he's not going to drain the swamp what he's talking about is the banks the swamp they're all involved and what is the Hope for the United States well I always say establish your own gold or silver standard educate yourself we are about to enter a turbulent Journey again China is facing serious financial problems America is the largest deor nation
in the world printing a trillion dollars every 90 days Germany is bankrupt but if you're waiting for the government to save you then you're in trouble in 2016 I sat face Toof face with Trump and interviewed him and he expressed his concern about Australia's trade relationship with China he said let me tell you something yes they're going to take all your iron ore and whatever else you're selling them and other things he continued but in the end you're going to end up owing them something you need to do something about it because the biggest holder
of US debt is China today I would say that's quite brave but also quite accurate it all came back to us now 8 years later it all came back to us and now we have this problem and China is also collapsing economically it seems that globally we might be about to face another crisis right what it will be called I don't know it won't be a GFC Global financial crisis maybe a financial crisis of Another Kind who knows because the value of their paper the Chinese paper they hold in relation to American debt right is
not worth anywhere near what it was worth when it was issued right and China needs everything it can get because they have some internal problems of their own are you suggesting or maybe predicting that there could be a crisis on the way I think we're already in it now aren't we well China's mandate is to reclaim Taiwan so create a war to solve the problem yes that's War you know and what's happening in Ukraine and everything else is terrible I mean I hate War I just hate it I fought twice in Vietnam killed a lot
of people but it all comes down to money as you know it's a very dangerous time so it's important that every everyone takes responsibility for themselves financially don't expect the government to take care of you save gold silver or Bitcoin and protect yourself now with your brain you understand but don't expect the government to take care of you we are watching these superpowers going to war and that's scary do you think war is inevitable well historically it is see what brought Hitler to power it was the viar Republic after World War I and they made
Germany pay reparations so Germany went bankrupt and Hitler came to power so every time the economy goes bad a dictator comes to power that was fascism it was musolini and Hitler these are not normal times but I don't know I mean I would just prepare prepare economically you know what you're suggesting being a prophet of Doom go and hide in an underground bunker and fill it with cans of beans and water Etc just watch historically I mean you were in the banking sector in 2019 when the repo Market collapsed it's where Banks go to borrow
money it collapsed and then suddenly Co appeared I thought is this a coincidence it's interesting because you I pay attention to these things is this a coincidence I mean if I'm a bank and I have mortgage assets if I have a set of mortgages that are my assets and I have liabilities where I borrowed money from depositors on the other side if I'm a repo bank it means I can go to the government the government will buy my mortgages for the nominal value of the package so if I lend $1,000 to Robert and there are
10,000 Roberts in my set and I need money to lend more money to more Roberts but I'm running out of money because I'm a bank because I'm not getting deposits so I can go to the government and the government runs a repo program where they will take my mortgages in your case I put them in Fanny May Freddy Mack and they give us money for them that's the bank and then we go lend more money and the repo Market you're saying that in 2019 before covid collapsed so there wasn't as much liquidity in the system
liquidity being money available to the banking system in fact what you just described as very revealing because when covid-19 emerged in 4 months our Central Bank here dispersed $190 billion to the banking system they said Banks here's 190 bill million we're giving it to you at a fixed rate of 0.01% for 3 years go and lend and of course that generated inflation and a bubble the real estate bubble just inflated and then of course last year the government said well we want it back because the 3 years are up in 2023 now banks are raising
money at 6% so our interest rates are higher you know who's suffering the common consumer the the citizen who borrowed money years ago suddenly he went from a fixed rate of 1.99% and now he's paying 7% our consumers are paying for this banks are maintaining their usual profits they're just charging more from the borrower and the solution found was to raise interest rates and now the consumer is bearing the risk of this you understand that's interesting I remember Milton Friedman I watched him in the '90s and it's on YouTube today fredman and he said consumers
never create inflation governments do exactly they print money they make money available to fight the recession and the only people who really profit from this are the rich in the end I think what you're saying is be like the rich like my rich dad not like my poor dad learn from the rich dad and I think what you're saying here and it's quite compelling is that there's no point in fighting the system I mean you can storm the White House or whatever you want to do but it's not going to change anything at the end
of the day the system will crush you educate yourself educate yourself right it's easier to do something for other people because when you give you also receive when you do for others things come to you but if you only think about yourself who cares you're greedy and that makes a big difference if we don't educate ourselves it's our fault but schools won't do it because schools are complicit with banks schools are Marxist and I respect Freedom of Choice you can be a Marxist you can be a capitalist but without Financial education as you know in
the banking sector if you don't have Financial education you can't be a capitalist my rich dad taught me that your Banker will never ask for your grades your Banker wants to see your finances another thing about financial literacy is you speak the language of money when I hear people throwing terms like iida and others I say no it's simple how much money is coming in and how much is going out what is an asset assets put money in your pocket liabilities take money out of your pocket if you change your vocabulary you change your life
it's how powerful words are but they don't teach the language of money they don't teach about taxes in school Trump would say I don't pay taxes legally if you know what you're doing you don't have to pay taxes see the more debt I use debt became money in 1971 when Nixon took the dollar off the gold standard the more tax benefits I get why because if you and I don't borrow money as you know the economy collapses so we need people to borrow money for the economy to keep growing that's why they keep raising interest
rates people can't borrow money meanwhile the population is growing people can't afford the cost of living here now I think it's up to each individual to take control of Their Own finan es of their own financial statement and not expect the government to take care of you that's very liberal which is kind but I you know I learned that if you teach someone to fish you feed them for life if you give the fish you feed them for a day and socialism wants to give people the fish and that only makes the problem bigger and
worse if you like the video remember to give it a like to support us and let me know that you stayed until the end comment until the end when I see your comment I'll give it a heart additionally I leave for you two videos full of tips that I'm sure will add a lot to your life click on one of them and go watch