This week's video the one you're watching now will be on YouTube Next week's video will be on Patreon. Let's do something like let me just start off by saying I'm a YouTuber with however many subscribers it says I have I don't know anything about money I make about as much money as a successful dentist I Listen to the all-in podcast every week, but I don't understand about 50 of what they're saying I Just find them very intelligent and entertaining. And to you that I'm talking about the banking crisis will not affect you in any way whatsoever is basically all of us. I'm not talking to the you who has over 250 000 in in a in a checking account.

No. I'm not talking about that you that's not the you I'm talking about I'm talking about everyone I'm talking about everyone. Even my friends who are rich who do have 250 000 in the bank account, they're not going to be affected. And if you're one of these 250 500 million dollar per people and you lose 200 million or 100 million that's not affecting you in any way whatsoever.

That's just some numbers on a thing. What you lose, you have 500 million dollars and you lose a hundred million dollars. What? What? You don't even have to get a different jet. There's no 500 million dollar jet that you can buy.

What? What are you gonna buy? A B-17 bomber? A stealth F-117a No. And the people with more than 250 000 in the bank? I'm pretty sure they're going to be okay. Uh yeah. I don't know anything about this.

I can't predict the future but I turned 48 last week. 48 I'm about half a century and every I don't know decade or something is this story. The banks Oh no I think went out of business. There's no money, everyone's gonna get destroyed.

everyone's gonna be on the streets. It's gonna be a civil war 1987 I Heard this with the Savings and Loan then there was an Enron thing that happened sometimes after that maybe it was like 93 or something. Then there was 2000, there was the.com bubble, then 2008 and the whole economic global system is Gonna Knock and all of us who make normal money. yeah we had a maybe we had a bad a year, maybe we had a uh maybe uh we couldn't buy the thing that year.

Maybe oh I was supposed to go to blah blah and I didn't get to go to blah blah blah or oh I lost my house and blah blah where are you now? Do you not have a house? Are you on the street? You're watching this, You've got like your smartphone and you've got your your your plan. This is just the way it works. This is just the way America works The news knows that the people who watch the news and get all excited and freak out kind of don't have any concept whatsoever. nor do I I don't but they have no concept whatsoever as to how rich this country is.

people don't They see the numbers in the GDP and this and that and the percentage of GDP to debt and blah blah blah blah. They have no concept as to how unprecedentedly Rich this country is. No country has ever been this. Rich ever, ever ever.

It is so so so rich. You can shut the whole thing down for two years and then just turn it back on again and it's basically the same. except in La there's a lot. There's more tents on a couple streets, in a in a couple shitty neighborhoods and then in whatever City you live into.

that is is that money doesn't just vanish. The money isn't just gone. It isn't just this. Bank There was a fire and like however many trillion it is this time just burned up.

The money was spent. People have the money and they're gonna spend it and put in other things and this money that this current thing was that was spent on Tech that was spent on like stuff like not exactly this but stuff like uber and eBay and Amazon these like forever Legacy like more resilient than Ford Motor Company businesses that are going to generate a bazillion trillion Killian Tatillion times more money than the money that was lost and it's going to go back in the system. Banks Loan out money to a bunch of people, almost all of them pay it back and one of these people or companies or corporations do with the money. They create wealth they fund Little Things They Fund little startups and they fund little companies with funny names like Google and Google Figures out how to rule the world Google Figures out how to have a machine that prints infinite money.

Video is on YouTube This video is on Google This video is paying me a bunch of money and they're making a bunch of money. and that's where the money goes. It doesn't just vanish, it's this is just news. This is just the dumb, stupid, barely entertaining news.

And that's all it is. It's entertaining. It doesn't inform you of anything. It's just an entertainment thing.

unless you're watching Glenn Greenwald Unless you're watching these sub stack journalists like Matt taibi or Barry Weiss Unless you're reading those people and watching those people the really intelligent ones. unless you're reading their books, then it's not news. It's just entertainment. It's just another reality TV show.

Thank you Better Help for sponsoring this Channel and generally making my life better. As you can probably tell by this little rant. I Have some anger management issues and uh about a year ago I called Better Help Got set up with a therapist by filling out their little questionnaire and just right out of the gates. They connected me with a therapist and it was very very helpful and one of the things that I found that was special about Betterhelp in particular is that it's a good system for finding out how to be in therapy because you can go from one therapist to another and because their questionnaire system is so thorough and easy to answer The questions aren't you know they aren't clinical or expert questions, they're just general questions about your mental health.

It's quick, you don't have to pull up anywhere and hide your car and your your therapist will meet you at your comfort level whether it's text or video or you know Audio Only So if you need a therapist, check out betterhelp there's a link in the description and the URL is right here and America is indestructible. It is indestructible. Okay, it is indestructible. I don't know.

Have you heard the story about they put they put they put Reagan in the simulator thing. No they put Reagan in the bunker to to do the drill for when he has to fire the the nukes at Russia. Okay, this is an 80 something 1980 Something Ronald Reagan They bring him down to the bunker wherever under Colorado or wherever it is and they're doing like a dress rehearsal. Well you type in this code and you put the key in and you turn it and you blah blah and if the nukes are on their way over you got 20 minutes and you put blah blah blah blah and you put the numbers in and you know what Reagan said he said I'm not doing it I'm not rehearsing it I'm not rehearsing this if they send the nukes over.

Okay, but I'm not suit I'm not shooting them I'm not firing them back okay Gorbachev Who? You don't know who that is Do you know who Gorbachev is? No, you don't Okay so Gorbachev was the Ronald Reagan of Russia in the 80s he was the guy running Russia in the 80s they brought him down to his Russian bunker in in wherever underneath whatever the the Ural Mountains or wherever the hell they keep their nuclear missiles and they brought him down into the thing and they said oh believe you'll flip the key in here you put the key in here you type in numbers this you do drill now in case America the the missiles over and we get killed will you You nuked them out and he said I'm not doing it no one's pushing the button, no one's sending those things. This is all just this is stuff to entertain you and to piss you off and to divide us and make us mad at each other And somebody has this opinion. Somebody has that opinion you you? This is your your right to hate them because the fate of the world is at stake. This country this is a for the rest of the world.

I'm sorry you're in a precarious position because America is pulling itself out of the world stage and we're not defending the the Seas anymore. And and globalization is ending. If you've read Peter Zion's book, the End of the World is just the beginning. It's about the end of globalization.

That's where we are right now. 2019 was the peak year of globalization. Everything else is disintegrating. In 2020, there was no EU They closed all their borders because of covet you wanted to go to Italy You had to show your passport on the border of Italy and Switzerland or whatever border America is indestructible.

America is energy independent. We don't need Saudi oil anymore. The president has the authority with a pen. No more oil exports.

We're keeping it all. We're energy independent. We're food independent. China is not food independent.

China doesn't have the kind of soil you need to grow food. So we put the sanctions on China that we're currently putting on. Russia China Stars to death. Hundreds of millions of people starve to death.

China's not starting a war with us. China Has a demographic collapse. They had a one-child policy for like 50 years and so now everyone's getting old and in the next two decades or so China is going to be taking care of old people and doing nothing else. America is building up its industry again.

Our number one trading partners is is is is is Mexico which is right down there. It's like a three-hour drive right there. It's not across the ocean. We're Tech independent.

We have all the brains. okay, not all of them, but enough so that it doesn't so that it's inconsequential. Who else has the brains? and we have the minerals and stuff, not all of them. Russia has something called Palladium I think it's what it's called Palladium which is something that you need in either semiconductors or transistors or something.

and that's sort of one of the things that they have. So like your iPhones aren't going to keep being greater and greater and greater every year. we're going to like lose some of that little stuff. but America is indestructible and if the banks go out of business, we are totally and completely fine.

This isn't going to affect your life and this is like this story is for entertainment purposes only. This banking story is for entertainment purposes only. It affects you as much as the plot of Laverne and Shirley affects you. America Was born rich and is going to stay Rich probably for the next 500 years.

So go out and live your life. do something you've always wanted to do. just be friends with everybody. We're All in This Together The banks banks are going out of business.

Boohoo! On this week's Patreon only video, this spirited man has a theory: The amount of focus needed to complete a worthwhile project tends to take the fun out of said project, and fun in and of itself is destructive to worthwhile projects. Foreign, foreign.