Thought Behind Things · Jun 30, 2026
Simon Dixon: the US empire is being wound down by design
Simon Dixon argues the American empire isn't collapsing — transnational capital is deliberately unwinding it, and Pakistan's military has become its leverage in the transition.
with Simon Dixon
10 min read
Muzamil opens this episode of Thought Behind Things against the backdrop of the US–Iran confrontation, noting that for younger Pakistani audiences the world no longer maps onto the categories they were taught. His guest, Simon Dixon — investment banker turned founder of BnkToTheFuture.com — offers a framework that explains why. Dixon does not read geopolitics through nations. He reads it through capital. Over nearly two hours, he lays out a thesis that is, by his own admission, controversial: the American empire is not collapsing under external pressure. It is being deliberately wound down by the same private financial powers that built it, in coordination with China, and Pakistan has been quietly repositioned at the centre of the new order.
Reading media as financing, not truth
Dixon’s opening move is methodological. “Whenever I hear media, I don’t look at media as truth. I look at it as who wants us to believe that.” Twenty-five years in finance, he says, has taught him to read financial statements of countries the way he reads them for companies. What emerges is a world organised not around nation-states but around three interlocking power structures he labels the FIC, MIC and TIC — the financial, military, and technical industrial complexes.
The TIC, in his telling, is the Magnificent 7 stack — Nvidia, SpaceX, Palantir and the rest — companies that were “groomed and created from Pentagon budgets and CIA financing or DARPA financing” before being privatised. The MIC is the Lockheed–Raytheon–Boeing constellation that “profits from war and rebuild cycles.” Sitting above both is the FIC: the bond market, the stock market, the currency market, the asset managers. “All companies are subordinate to this financial power. And it’s global in nature.”
This is the analytical floor for everything that follows. When a country negotiates with America, Dixon insists, “they’re not negotiating with America, the private country, they’re negotiating with transnational capital.”
How Pakistan got vassalised — and why it ran out of dollars
Muzamil presses Dixon on the historical arc, and Dixon traces it back to 1971, when America left the gold standard and the petrodollar system replaced it. Countries faced a binary choice: subordinate to the IMF or resist. Iran resisted, was sanctioned, suffered regime-change operations. Saudi Arabia integrated — pricing oil in dollars, recycling them into US Treasuries, hosting US bases.
Pakistan, in Dixon’s reading, took the third path: dollar loans, IMF subordination, currency warfare. “Pakistan is a classic example of such an operation.” Once dollar reserves run low, the country must either find alternative financing or print its own currency — and printing while owing dollars destroys the local currency’s value, deepening dependency. The exit, when it came, was forced rather than chosen: at COVID, Pakistan ran out of dollars, restructured its debt with the UAE, Qatar and Saudi Arabia, and joined the Belt and Road Initiative. It now sits between three creditor blocs rather than one.
The Dutch playbook and the British handover
Muzamil pushes the history further back, suggesting transnational capital simply moved from Dutch to British to American hosts. Dixon agrees and fills in the mechanics. The Dutch invented the template: the Amsterdam central bank, the Dutch East India Company as the first limited-liability corporation, and a government bond market to absorb the debt. “The debt is dumped onto the government. The profits are privatised through the company and if anything goes wrong we socialise the losses onto the government and the people.”
The British inherited the model with the Bank of England and the British East India Company. The Americans inherited it with the Federal Reserve in 1913, followed by World War I, the Balfour Declaration, and what Dixon describes as a Wall Street operation that funded both the Bolshevik revolution and the rise of Hitler — “they were playing the Russians against the Germans” — to engineer the transfer of European gold to America. By the end of World War II, he claims, America held roughly 75% of the world’s gold. The IMF and World Bank were then constructed as the loan-issuing arms that would lock the rest of the world into the dollar system.
The strategy throughout, Dixon argues, was the one the British had perfected on the subcontinent: divide and conquer. India, Pakistan, Bangladesh, Kashmir, the entire Middle East — balkanised deliberately, religious tensions weaponised, militia groups funded, and rebuild contracts auctioned afterwards.
Why the empire has to retreat now
The hinge of Dixon’s thesis is that the American host has been bled dry. Public debt at 125% of GDP. Suicide rates and homelessness at record highs. Foreign central banks selling US Treasuries and buying gold. “It looks like the Weimar Republic of Germany, which is what you do when you’re trying to asset strip a country, transfer all of its assets and reset the order.”
Crucially, America no longer needs Middle Eastern energy — fracking and partnerships with Canada and Mexico took care of that. But the petrodollar needed Middle Eastern oil sales to recycle dollars back into US bonds. With that loop broken, Gulf sovereign wealth funds turned to China, which had become the world’s manufacturing base. The TIC and MIC both now depend on China for rare earths, components, and assembly. “The American military cannot produce a weapon without China,” Dixon says.
So when Trump, Tim Cook, Elon Musk and the rest met Xi Jinping in Beijing, Dixon reconstructs the meeting as a negotiation, not a confrontation. Trump cancelled a $13 billion arms shipment to Taiwan. Visa and Mastercard asked for fee access to China’s payment rail. The military complex agreed, in Dixon’s paraphrase, that “we kind of need to pretend that we’re going to go to war with each other” because the pretence is profitable.
The 5D chess behind the Iran war
This is where Dixon’s framework produces its sharpest reading of current events. The Iran–Israel war, the closure of the Strait of Hormuz, the destruction of US bases — none of it, in his view, is what it appears.
“I think Iran agreed to: we’ll give up the resistance in exchange for a regional stability and the expulsion of US from the region. That’s the deal.” The theatrical war is the cover that lets everyone keep their domestic narratives intact. The destroyed infrastructure becomes a $300 billion rebuild contract funded by the Gulf. The destroyed US bases become the justification for American withdrawal. The Houthis, Hezbollah, Hamas — proxy networks that justified forever wars — get folded back into national armies and national politics.
The endgame Dixon sketches is a regional defence pact between Turkey, Pakistan, Egypt and Iran, funded by Saudi Arabia, backed by China. Israel, stripped of its strategic function as an agitator, gets privatised — its assets bought up by India and the UAE, its radical Zionists already relocating. “All the people that are radical Zionists that are wealthy, they’ve already left. They’re in Cyprus. They’re in Argentina.”
Muzamil interjects with a Pakistani reader’s confusion: why is Trump now praising the field marshal weekly? Why has Pakistan, the pariah, moved to centre stage? Dixon’s answer is direct. “Its number one asset is its military. So I think it needed to be in this moment that it is in right now.”
Trump as the wealth-extraction crew
Dixon is unsparing on the American president. Trump, in his framing, is neither a strategist nor an idiot. He is a vehicle. “Trump has one job. Get rich while dismantling the US empire.”
He traces the funding: $250 million from Elon Musk (TIC), $150 million from the Mellon banking family (FIC), Miriam Adelson representing Israel (MIC), and above all roughly $5 billion connected to Jared Kushner’s fund, which profits from regional stability in the Gulf. World Liberty Financial, the Trump-linked crypto company, is “50% owned by UAE.” So while the dominant narrative says Israel owns America, Dixon argues the opposite: “Trump is bought by the Gulf, funded by the tick, then the fick, and mick lost.”
This reframes the chaos. Trump’s erratic behaviour is not strategy gone wrong. It is the visible surface of an asset-stripping operation that needs to look like strength while the empire withdraws.
The four triggers China can pull at will
Asked where financial markets go from here, Dixon describes an architecture that is structurally fragile and centrally controlled. China, he argues, holds four triggers. It could pop the AI bubble with “a couple of press releases” demonstrating DeepSeek-style efficiency. It could crash the bond market if Japan, the UK and China coordinated sales. It could squeeze the commodity market because Shanghai now holds most of the physical gold while Western markets run on leveraged paper. And it could break the currency system at the FX layer.
“There is a Ponzi scheme in the currency market, a leverage trade in the derivatives market, an AI bubble in the stock market, and a debt cycle that is 100% dependent upon the Federal Reserve in the bond market.”
The choice for the FIC, then, is between continuing to inflate — which means the K-shaped economy keeps concentrating wealth upward — or engineering a controlled crash that lets the same actors buy up assets at distressed prices, as happened in 2008 and during COVID. “Crisis is built into the fick program.”
On AI specifically, Dixon thinks the current wave of investors will be cleared out. “AI will still change the world. But the people that invested in this wave will be rugpulled and the people that invest in the next wave will end up owning all the infrastructure.”
Proxy wars end, the surveillance state comes home
The corollary to the empire’s external retreat, Dixon argues, is its internal hardening. The tools of colonisation — covert wars, regime change, manufactured civil unrest, mass surveillance — are coming back to their countries of origin. Palantir-powered pre-crime systems across Europe. Privatised prisons in America. Denaturalisation drives. “The enemy is our internal populations.”
Across the Middle East, by contrast, he expects proxy wars to wind down as state sponsorship dries up. The Houthis revert to Yemeni national politics. Hezbollah negotiates its position in Lebanon. Iran undergoes internal regime change to align with the new regional framework. “A bunch of Muslim countries unified around their resources with collective sovereignty backed up by the largest manufacturing base, China” — this, he says, is exactly what the British, Dutch and American empires spent centuries preventing.
Bitcoin, in self-custody only
The conversation closes on Bitcoin, where Dixon — long a maximalist — draws a careful distinction. He corrects the framing that the US “took Iran’s Bitcoin.” It took Iran’s stablecoins and centralised crypto, which Tether can freeze on command. Actual Bitcoin held in self-custody cannot be confiscated without physical coercion of the key holder, and even then, killing the holder destroys the coin.
His broader warning is about the institutional capture of Bitcoin. Wall Street’s project, in his telling, has been to split Bitcoin into two categories — the version you own, and the version they own for you. “If they can persuade you to give your Bitcoin to them, then there’s an institution and they can steal your Bitcoin, confiscate your Bitcoin, get you to borrow against your Bitcoin, margin call the Bitcoin, give you a share instead of Bitcoin.” Micro Strategy shares, BlackRock ETFs, Coinbase custody — all of it, Dixon insists, is “paper Bitcoin. A Bitcoin IOU, a promise to give you your Bitcoin. That’s not Bitcoin.”
Seventy-five percent of Bitcoin, he notes, is still held in self-custody. That version still does what it was designed to do.
Muzamil closes by acknowledging that the conversation has opened more threads than it could resolve — the surveillance state, the digitisation of money, India’s positioning — and books a round two. What lands by the end is not a set of predictions but a lens. Whether one accepts Dixon’s framework or not, the question he forces is uncomfortable: if the actors that matter are not governments but the capital that rents them, how much of what we are told about geopolitics is description, and how much is theatre?
Full transcript
Welcome back to another episode of thought behind things. There is this conflict happening between the US and Iran potentially sort of Muslim know for a lot of young people what's really going on the things that we understood the things that reimagined. Seemingly things are not panning out that way. The guest with us today is Simon Dixon uh who has a fascinating fascinating thesis about um what's really going on in the world. I will let him explain uh a little bit about himself as well and then we'll jump straight into it. Simon, first of all, thank you so much for taking the time out and joining us on the show. >> Okay. Asalam alaikum and thank you very much for having me. And I do apologize for the udu at the start. I wanted to sort of loop everybody in and tell them we're going to be doing this in English, but thank you for being gracious and uh letting letting that pass. >> Absolutely. Absolutely. Yes. Um so I I look things um slightly differently to your average geopolitical analyst. Um and it's based upon 25 years experience in finance and investment banking. And um I I see the world in terms of capital flows. And once you can read the capital flows and read financial statements of a company um a country um you often get a very different story to what's being reported in the media. And so often I see media as you know a series of uh narratives based upon the financing source of that media outlet. And so whether that be at the governmental lobby level, whether that be foreign interest or whether that be as simple as sponsorship and certain messages that are in line with whatever's financing that media outlet. Um, and so whenever I hear media, I don't look at media as truth. I look at it as who wants us to believe that. Um, that's kind of like how I how I see media. Um, and so whenever I look at um the world today, um, I see a very overarching transition to two major trends. Um, one is that this whole AI, robotics, energy, um, and all the components behind these data centers is almost like a a a global technocratic state that the world is transitioning to. Um, and I say that I see that predominantly led by two factions of power. One of those power structures is what I call the technical industrial complex. um which are the large Magnificent 7 companies that are now going to be Magnificent 11 companies um that are hosted on the US stock market. They're private um corporate interest and they're multi-trillion dollar companies whether it be from Nvidia at the top um all the way through to SpaceX and everything in between. Now most of these companies um when you look at their background uh they were groomed and created uh from Pentagon budgets and CIA financing or DARPA financing. Um and so these large technology companies um they were given access to militarygrade technology through a private public partnership that eventually allowed them to monetize that, privatize that and create technologies like Paland here um that are uh you know war machine technologies from the military-industrial complex that receive government contracts and rely upon Pentagon budgets. Um and so now we've covered two factions of power. The technological industrial complex and the military-industrial complex that consists of companies like Loheed Martin, General Dynamic, Rathium, uh Boeing, and everything in between. They they work as a complex uh because they profit from war and rebuild cycles. And so you either have there's a couple of models. You have a forever war where the war just continues for as long as possible to create as much destruction and then you enter into a new phase where another one of those complexes that I call the financial industrial complex comes in and that is that they provide the military with a lot of the funding and they profit from it. They provide a lot of the technology with a lot of the funding and they profit from it. Um but there is a phase by which the war has higher returns um by extracting resources, rebuilding, regime changing a country, installing a dictator um and engaging in covert operations to try and draw that to a new regional order um within that country. Um and so this combination of a financial industrial complex, technical industrial complex and military industrial complex um that are hosted in the previous empires which are the British and the changing empire um could at one stage dominate um and you know when you had the fall of the the Soviet Union in 91 um and then prior to that in World War II the fall of the British Empire Um we were left with this uni party pol uh you know power called America. Um and um it it it when it left the gold standard in 71, it became dominated by its ability to roll over its debt and inflict its debt upon countries. Now one of those countries was Pakistan. And so through organizations like the IMF, the International Monetary Fund, um you're able to turn a country into a debt dependent country, um and if you can lend it dollars, um through you know this dollar dominant world, uh then eventually that country has to repay its debt in dollars. Now the good with the America they can engage in several other types of warfare. One of them is currency warfare. And so by, you know, using its ability to manipulate currencies, it can destroy the value of a local currency and require that country to repay its loan back in dollars. And so Pakistan is a is a classic example of such an operation. Um once the country starts to run out of dollar reserves, it only has one choice and that choice is to either source a new type of financing or it can print its own currency. And by printing its own currency while trying to repay dollars, um you end up destroying the value and accentuating the value of your currency. And you have a couple of choices from there. you either become very subordinate to the the the IMF and the American Empire or you're able to resist against it and most people are only to resist against it if they can find an alternative source of financing source. So in the case of Pakistan um they look towards China as China rose as an empire. Um and so now when you have choice between IMF debt or Chinese debt and there was another source of financing which was local regional Gulf sovereign wealth funds and so some of the countries went you know across the Middle East went in two different factions. one was Iran which continued to resist and then for had sanctions was isolated further had regime change operations um you know had a revolution and various other things across Iran's history uh the other type of country figured out a way of negotiating with this financial industrial complex either through taking dollar loans or in the case of Saudi Arabia in 1971 you integrated yourself into the what what formed after the America left the gold standard in 71 which was the pro dollar. And so by Saudi Arabia pricing its oil in dollars and by agreeing to take those dollars when it sold oil and lend it back to the US government by purchasing its bonds. um Saudi got itself integrated into the Federal Reserve system which is the base of this financial industrial complex. Now once you've got dollars um America sets terms and so um those terms are that the yield on you receive on those dollars the the yield that you get as a return must be reinvested into our companies. And so it was reinvested into military companies and that money gets spent in American props up the American stock market props up the American bond market props up the currency and in return with that money you get a base built in your country and so Saudi had US bases Qatar had US bases um you know various countries one by one ended up with these US bases and those US bases serve a dual purpose. one it is to preserve the petro dollar and the and the American empire and American dominance. Um and so those were the choices that people were faced with. So if I look across the world, you had Iran that made one choice which was to resist and to build out its resistance network and fight the empire via its proxy Israel. Saudi decided to diplomatically negotiate, prop up the pro dollar um and build its own sovereign wealth reserves. And once it had its own sovereign wealth reserves, it became a very wealthy country and it was able to use its financial influence in order to change the world. In the case of Pakistan, it took dollar loans, subordinated to the IMF um and uh and then it had allegiances with its neighbors. Um, but it became more subordinate to the IMF because of its dollar reserves and currency warfare over time, which means more regime change, which means more interference, which means that you can then have a military resistance against that. And you can use your own internal military-industrial complex in order to try and build an asset, and that asset can then allow you to leverage in your negotiations. So Iran did the same thing. It built its own military-industrial complex within Iran. Pakistan did the same thing. And then obviously we know eventually Pakistan uh became a nuclear power as well. Um and all the controversy around that. And so what we're witnessing right now is that around about um with Trump administration one, the order completely changed and we'll we'll pause right here and then it relates back to what's happening in the region. Um the order changed because America no longer needed Middle Eastern energy to the degree that it once needed it. So it didn't need oil from the Middle East to the degree it once needed it. It didn't need LNG because it had a technological innovation called fracking and it also had its partnerships with its main importers which is Canada, Mexico. And so Canada, America and Mexico had all the energy and resources that it needed to not need the Middle East. Now that also came with problems that the petro dollar was no longer needed because America's not purchasing this oil from Saudi Qatar or the energy exporters. So where was Saudi Qatar and all the Gulf countries getting their money from to build their sovereign wealth funds? Well, it was the rise of China. And so China now had a very cheap manufacturing base. We had globalization. America hollowed out its manufacturing base. American private corporate interest relied upon China more and more and more. And who relied upon China? Well, the military-industrial complex and the technical industrial complex. Apple set up his factories in China. Um Elon Musk and EVs need rare earth minerals from China. um you know so uh the American military cannot produce a weapon without China. Um and so this dynamic kind of really changed um the the status and so now we enter into a world where if you look at America most people think of America as a country. I think of it as a fully subordinated, financialized and securitized collateralized debt obligation. That's a big mouthful of words. But America is $70 trillion owned by private financial powerhouses. Um, and public, you know, all of their companies are public. And so America is not a private nationalistic country. It is the host of the financial industrial complex, technical industrial complex and military-industrial complex. And if any of those countries want to control the political process, every politician in America is for rent. You can just rent them. Um there's a whole lobby process. And so politicians work for private power, but most people still think they work for the people. And so they think in terms of left and right politics but both the left and the right in America work for the same parties and the same uni power. And this uni power is global in nature. Uh and so these complexes they need China. Uh these uh this military-industrial complex needs China. This technical industrial complex needs China. Um and so what is the most important force is the financial industrial complex. The one that creates the currency, the one that can manipulate the currencies globally. Uh the one that allocates most of the world's assets. The one that controls the bond market, the stock market, the currency market. All companies are subordinate to this financial power. And it's global in nature. Um, and so whenever a country is negotiating with America, they're not negotiating with America, the private uh, you know, the the country, they're negotiating with transnational capital. And transnational capital, the financial industrial complex works with sovereign wealth funds. And so the Gulf sovereign wealth funds, the Norwegian sovereign wealth funds, those countries that kept their energy and were able to have negotiation leverage. Um, and the biggest sovereign wealth fund in the world is China's. And so transnational capital is global in nature and it supersedes nationalistic interests. And in fact, if Transnational Capital wants to rent out the US military and say, "Go get me some oil from Venezuela," then transnational capital can do that. And all Trump needs to do is create a BS story about how this helps the average American or the American national interest. And so what you're noticing is uh I don't think in terms of countries. I think in terms of who's sovereign, who's slightly sovereign, and who has negotiation leverage over transnational capital and then that framework sets um you know how I analyze geopolitics and what you often find is that you're able to look at capital flows and you can see very clearly right now that the world order is changing. Um we're moving to a world of multipolarity which people talk about often. Um but what that means is regional blocks. Um and America being the global hegeimon needed its moment to demonstrate to the world that is no longer the global hedgeimon. And that was represented by the closure of the strait of Hormuse, the uninforcability of um you know um force over IRGC and Iran. And it needs to have a narrative that it is strong while it is retreating to be in a regional hegeimon controlled by private corporate power that is global in nature. Um and so this is the unwinding of America and the nation state and the asset stripping of the country partnered with transnational capital and the most vital part of the world right now is the area between America and the western hemisphere. the previous empire, the British Empire, the Dutch Empire, the American Empire, the remnants of the previous empires, the rise of a new power, you know, empire, but all the energy and shipping routes in between, which represents what used what is now called the Middle East, but now I call it West Asia because it's becoming what it originally was, West Asia. it is aligned eastwards and new regional packs are being set up. Um, and that's the transition that we're witnessing today. We've been witnessing for the last 5 years and we'll be witnessing for probably the next 10 to 15 20 years. It's the most radical change we will ever experience of our lifetime and and Pakistan has a new role. It used to be very vasilized into its dollar debt dependency but at COVID it ran out of dollars. Then it restructured its debt with the Gulf countries with UAE, Qatar and Saudi Arabia. And then it joined the Bel and Road Initiative. So now it is between three different powers. It also built its own you know Bitcoin mining strategy which is a bit of sovereign power as well. But it's got the remnants of these different powers and a key asset which is uh you know the most important military power in in the region that's now going to be West Asia that used to be called the Middle East. um and also a military that when combined with other countries in a regional order um can actually set a sovereign regional framework um in this new world order we are experiencing right now in multipolarity. So it's it's a very interesting part of the piece of the puzzle. >> Makes sense. Um, before we go into the transition, and I know that's that's really the the the the meat of the conversation, but I want to go back a little bit in history, let's say 100 years ago. Uh, you're from the UK originally. Um, and obviously we understand for Pakistan, obviously we very closely understand we were part of that history. But before the US Empire, there was a British Empire, right? And if you the way that I see it um really is that that British Empire was still a transnational capital uh controlled um sort of you know it wasn't as sovereign as you know the crown wasn't as sovereign um it was driven by these uh these bankers and and and and you know people who held the capital and what happened in my understanding in the in the 30s and the 40s was that they extracted Europe as much as they They gave debt to all these countries. They made them fight each other. They took out that money. They transferred it to the US. Um there's a ton of immigration that happened. Um there's a ton of uh movement of capital that happened. And as soon as Europe was completely sort of stripped off of again uh its assets and its power. Um 1947 was when sort of the new world order emerged with the UN and the IMF and the World Banks of the world and the Bretonwoods agreement u um coming in later as well and that's interestingly also when sort of the the the subcontinent was broken up um Pakistan was formed uh India was formed and so my understanding is when I look at history and when I look at as a Pakistani when I look at particularly at Pakistan we never really got independent in 1947 we just sort of it it it it changed hands, right? So the US uh the the the the British gave the power over to the US. The US was now in direct contact with with the with Pakistan and Pakistan seemingly became sort of a satellite or a vasal of the US in the region. India going towards Soviet Union, India being a huge power, >> someone had to keep that in check as well. Um and since that that time it has been a constant state of conflict um within Pakistan every time the empire had wanted to do something in the region uh you would see some sort of a breakdown of order a martial law or a military government coming in again that was true for um you know in the 60s when they were aggressively fighting the Soviets they had to uh become friends with the Chinese Pakistan enabled that um you had a military regime uh that allowed that. Um in the 80s when you had to fight the Soviet Union in Afghanistan again you uh had a military regime that came in power uh the entire Afghan war went through Pakistan um and and and you know that was enabled again during war on terror you had a military regime coming in and suddenly there was a shift uh and a war on terror and Afghan war and so on and so forth and so in 2022 again something similar happened where the democratically elected uh government was overthrown own a military regime sort of came in a hybrid of sorts and for people it was a lot of confusion as to what's going to happen and then suddenly we see the whole Iran war prop up that would just randomly happen right but if I if I'm a data analyst I can see a lot of correlation every time something like this happens um and it increasingly feels like because you mentioned the military-industrial complex in the US it increasingly feels like whenever the military-industrial complex has a decade long plan of something major are coming up. They move a lot of their pawns across the chessboard, one of them being Pakistan. Um, and so I'm curious as to a the background that I've built, would you adhere to that? and B how would you >> how would you connect then that sort of if if we don't look at nation states as nation states if we look at them as power groups um that that extend beyond these nation states that actually extend all over the world how do countries like let's say Egypt or Pakistan um participate in the overall larger structure um and have participated over the large in in the larger structure over the last 100 years. >> Yeah. So um if you look at um the history so you know you you had this uh European different different factions in Europe that were uh you know powerful and we all the Europeans were all fighting each other um we entered into this colonial business model um and there was a kind of European let's call it um mission to try and extract act the resources that were needed in Europe. Um, and we kind of hit upon the winning empire was the Dutch Empire. Uh, because the Dutch Empire created this concept of transnational capital. Um, and so originally the Dutch Guilta which was the strongest currency backed by gold. It created the Amsterdam Central Bank. It created the Dutch East India Company and it created the concept of the private corporate limited liability company. Um now what the model was it was to create effectively a Ponzi scheme through the central bank and the Ponzi scheme was that whenever a bank issues a loan it creates new money and that new money every time it issues a loan has interest to be repaid but the interest on that money doesn't exist and so by nature you have to keep rolling over the debt so it inov innovated. Okay, why don't we dump the debt on the on the Dutch government? And so it created the bond market and then it said, why don't we innovate a way of raising significant capital and having a private company that can issue those bonds as well. So it created the Dutch East India Company. Um and then we have a way of guaranteeing the system um in case the debt gets too overleveraged. uh which was the Amsterdam Central Bank or the Dutch Central Bank. And those were the constructs that were created. And so what did the Dutch Empire do? Well, it built the lo one of the largest naval fleets at the time and said, "Let's go steal as much resources as we can." And so it created a company where you could fund the company. And the idea was that the debt is dumped onto the government. The profits are privatized through the company and if anything goes wrong we socialize the losses onto the government and the people and privatize the gains onto the the Dutch East India Company. Um and then this model made the model that we know today that that in informed transnational capital. So then what happened is um the the the Dutch Empire with the strongest currency went about destroying as many foreign currencies, inflating away their value and then going and invading, regime changing, destroying and taking their resources and signing an agreement with that country that your resources are ours. Um, as they grew richer and richer and richer, they started to look for cheap labor to build bigger more and more naval ships and they went to Britain, which was the cheap labor at the time. And so Britain then built the ships for the Dutch Empire and then learned how to build this large naval fleet. Um, but it needed significant funding. So it created the bit the British East India Company and it also created the Bank of England a private bank that was issuing loans to the British government to fight against the French in the battle of Waterloo. And so this game was transferred as you know from the Dutch Empire to the British Empire. Now what is the job? The job is to socialize the losses and privatize the gains. So all of the profits went into the British East India Company and all of the debt went to the British government and then eventually you hit a stage where you can't roll over the debt anymore and that's when you change the empire again. And so they set about creating the Federal Reserve in 1913. Then we had World War I in 1914. Then in 1917, the Rothschild family um you know managed to get the British government to declare Palestine um to the Israelis and you had the Balffor declaration. Then you had the funding of the Boleviks um within uh Russia in order to overthrow the saw and replace it with communism which was a western ideology. People think it's like in eastern you know communism and capitalism all these ideologies they came from the west and so the Soviet Union was funded by Wall Street as a bolevik revolution to install communism in Russia and overthrow the SAR um use you know um use the Zionist in order to destabilize the Middle East. Um also bring the the Americans into the war as well. And so this was a transfer change because they wanted to build a manufacturing base and that manufacturing base became the military-industrial complex. But in order to build it out, you needed World War I. And so the same Wall Street that created the Federal Reserve and funded the Boleviks also funded a fascist uprising and manufactured an economic circumstance that led to the rise of Hitler in Germany. Um, and uh, you know, that was because they were playing the Russians against the Germans and the British were playing them off and then they bankrupted the British government and they wanted to transfer all the assets over to the Federal Reserve system. And so they wanted Russia's gold, they wanted Germany's gold, uh, they wanted the British gold, uh, they wanted all the European gold. and they ended up after World War II effectively getting 75% of the world's gold in America. Um, now in order to tr steal all the gold from the American people, they engineered a stock market bubble in 1929. They crashed it in the 30s. They created a depression and in 1933 FDR confiscated all the gold off the American people. Um they created then we had World War II. Um and in World War II was the radical change, right? The British was just that the government could no longer handle the debt. More and more gold was being transferred over to America. Um the same central bankers you had between World War I and World War II, you had the creation of the bank for international settlements. What did the BIS do? It negotiated reparations for Germany after World War I. And what did it say? You have to repay all your debt in gold. So how did Germany repay its debt in gold? It printed and created a hyperinflationary cycle that then created the Volmar Republic. The WMAR Republic created the set of circumstances that needed a nationalist uprising called national socialism aka Nazism. Um and that national socialism was a monetary reformer that was taking on the bank for international settlements via the German central bank which was connected to BIS which was connected to the bank of England and connected to the Federal Reserve. So if you look at what Hitler did every time he invaded a country um he contacted the bank for international settlements via the Rice Bank, the central bank in Germany and said the gold that you have in the Bank of England and the Federal Reserve that belongs to Czechoslovakia is now ours. And the Bank for International Settlements would say, "Yep, okay, that's yours." And so literally the Bank for International Settlements was contacting the Bank of England and saying this gold is now Germany's even though it's stored in England and your government is funding the fighting against the Hitler regime and America is going to provide the military weapons but through this mechanism we'll fund all sides and you can put Europe in a state of destruction and America won't be b won't get bombed a and then we'll change this military-industrial complex then what we need to do is after the war we need to rebuild everything and make everyone debt dependent so they created two organizations the IMF and the world bank was to issue the loans to any country that would subordinate it itself to the American empire and if you take that loan in dollars. Um then you must do and you must spend your dollars in line with our empire on these companies on these services. Um and you must become aligned with us. Then what did the IMF do? The IMF said, "I tell you what, everybody that wants to take an IMF loan, a World Bank loan, here's one of the conditions. You must come off the gold standard. But what you will do is we'll create an organization called the IMF and you will be able to convert your currency into US dollars on one promise that those US dollars whenever you exchange your currency for dollars, you can exchange it for gold. And that was the promise. And so anyone could take their currency, exchange it for Federal Reserve notes, and the Fed would guarantee a set amount of gold. um it was about $20 and then later $32. Um this was the agreement. So American the persuaded the world to float their currencies and come off the gold standard and enter onto a dollar standard backed by gold. Uh those were all the tools that were needed to set the new empire. And so what did we do? We entered into a cold war. We entered into a Korean war. Um the British Empire tried to have its sewish canal moment. There was a nationalistic uprising in Egypt, you know, a pan-Arab nationalist movement. Uh the Brits lost it over the Sueis canal. We had deolonization and then America was you know bankrupted at that time because it went to war with Vietnam and started you know had you had the China side and all that stuff. Um and so that was when it decided that we will default on our debt. Nobody from 1971, the Nixon shock, no one's allowed to convert their Federal Reserve notes into gold. And then we had um then we had a a covert club that was set up by the Bush family, which were oil tycoons in the Middle East, um called Safari Club. Safari Club was a CIA operation that connected all the intelligence operations of this covert network and assassinated King Fisizel of Saudi Arabia and groomed someone called Osama bin Laden. Um that later went to the operation in order to justify all the wars that led to 9/11 and everything that happened. Um and so that was a regime change operation in Saudi Arabia. In the case of Pakistan, um the strategy was always as the British Empire has always done and the American Empire did it in a more covert way through these financial transactions, divide and conquer. And so you take India and you create Bangladesh, you create Pakistan, you get them fighting each other. You leave out a hold out place like Kashmir. You make sure that there's massive division all across the Middle East, religious tensions, uh racial tensions, and you just keep bulcanizing and bulcanizing and bulcanizing. And the longer you can get them fighting each other, then you start to rage wars, which is very profitable. And in the rebuild contracts, you subordinate them. You load them up with IMF debt. Um, and then you fund militia groups, whether it's ISIS, Alqaaida, whatever you want. Uh, you fund these groups in order to pretend it's a religious battle, but all you're doing is you're creating carnage so that you can regime change, subordinate, and this was always a strategy. It was to, you know, do everything through deception. Um, and so what did the Brits give to is, you know, America? Well, they gave them Israel. And Israel was a node for creating carnage in the region, you know, for deception. It had a religious narrative. It had um the ability to groom these different gangs. It could recruit an army through weaponizing, you know, anti-semitism and all that type of stuff. It could then blame it on the Muslims despite the fact that Muslims and Jews and had lived in peace. and the Jews were fighting the Christians for how they were persecuted in Europe and they just rewrote history and they just made it out like the Jews and the Muslims were at battle. uh then they funded alternative groups and Pakistan um got very subordinated into this structure uh because it was hookline and sinkered into the divide and conquer operation and so it ended up really serving the IMF interest loaded up with debt um and just served the military interests of these covert operations and um but you know that that's kind of like a lot of the history >> makes sense And and this has always been the strategy. The strategy is >> divide and conquer. Now, >> what and I'll open it up to you here, but what's changing now is that the jig is up and everyone's starting to realize that if we can just form certain allegiances, uh the American European Empire, the remnants of transnational capital, um had something that it couldn't penetrate, which is and and I'll get into a little bit more, which is in, you know, the Chinese uh nationalized all the banking system and they created their own independent central banking system called PBOC the people's blank of China >> and the west couldn't penetrate it. They tried to they did it through Shanghai initially, the Opium Wars, Hong Kong, but eventually the Chinese just said no. They created a communistic uprising. Uh we had Mauoism and the nationalization of all the assets. Um and then eventually they built enough strength under that model. You know, lots I'm not I'm not talking about uh whether I endorse communism or capitalism, you know, that's a different debate. Uh but the the fact of the matter is they managed to expel the banksters from China and they built the PBOC and that PBOC was a multi-deade strategy while every other central bank became a member of the bank for international settlements and it was through these now we have the bank for international settlements which has a resistance which is PBOC and Now the world order is changing again because America's loaded up with debt. 125 debt to GD% debt to GDP. Um people are not borrowing and lending to the US government in to the extent that they used to. Um there's extreme polarization in the country. Suicide rates are the highest they've been. Drug addiction. Um the homelessness, wealth inequality, um inflation, wealth extraction. degeneracy, um, all of these things. It looks like the Valmar Republic of Germany, which is what you what you do when you're trying to asset strip a country, transfer all of its assets and reset the order. >> Makes sense. So um now if I sort of jump into the transition with the historical context in mind and I think uh I'm glad that you mentioned because my next thought was going to be if I look at let's say transnational capital it's sort of like a leech right so it goes in it uh went from Dutch to the British it leeched all of its on its resources the moment it could not leech anymore it sort of switched and the British had to deal with it um and the US basically became the center base. Now, if I look at the US, they've sort of leeched off of it. Um, the people, the average Joe in the US is the one who's gotten under debt. Like, it's the it's the people of the US who are under all of this debt. Um, that fed the military-industrial complex and the financial industrial complex. Um, but like you said, the jig is up and so you can't leech any longer and therefore you're going to be looking for a new host. Um now logically or if I look at history that new host should be a country that is um well-industrialized that has a huge consumer base um China seemingly is the best option uh ideally as the next host to run the next 100 years >> but like you mentioned China seemingly understands this and they have built great walls around themselves to ensure and I think that's where the conflict is as well between east and west where you know the it's not that they're they're not friendly with the US it's that they're not friendly with the financial industrial complex and in short like uh you know multiple times in the last 10 years with the property boom and bust with the stock market just being flatlined they don't allow for the sort of manipulation that happens in the west and therefore seemingly that's my understanding China is not that great a host and so the First question for me would be who in your opinion then is the new host where they can then land for the next 100 years where there is a population that can be a potential consumer of whatever they create of whatever growth that they gather they can take a majority portion of it. Um and so what who that host is for that legacy financial industrial complex and then how does that fare with these sort of a multi-olar two different power groups now because that hasn't historically happened right historically it has been largely I mean you can say oh Soviet Union and US but in terms of power groups it was largely this one extremely powerful financial industrial complex um that worked with the military-industrial complex now when we look at this transition today. How does that fair? Because it's not going to be as smooth if it was just one particular power group with with let's say uh China coming in as an alternative or or or being in conflict with it. Um run me through the transition that's happening right now with a V the potentially new leech or or or the host for the leech if that makes sense. >> Absolutely. Um, so when I think about it in terms of capital, what we're witnessing right now is that so they'll extract from America for as long as they can. And what does that look like? It means you increase the debt, the national debt as long as you can uh for as long as you can find a buyer because it's a Ponzi scheme. So you always have to pay off debt with more debt. So you keep doing that for as long as you can. And that means that as long as the banks will accept US treasuries as collateral, that jig will carry on. But what's already happened is foreign central banks have said no more. You know, they've said we're selling and we're buying gold. And so you had a big boost in gold, right? Um so now you've got the debt being dumped internally. So it's all upon America. So what do they do? They look at their nodes around the world and says, "Who do we still have power over? And so they said, "Well, we got Japan. We set that Ponzi scheme up where you can borrow at 0% from Japan, get them to hedge out their currency and then buy US treasuries." And so Japan is the largest foreign lender to the US government today, $1.8 trillion. Uh but uh then you looked around and you said, "Well, what about uh China?" Well, China's been reducing its US debt from 1.4 4 trillion to approximately 650 billion. So it doesn't want to crash America. This is not something they're trying to do. Uh but they are trying to offload their US debt in a very managed way. Um then you have the petro dollar. Um and so what they you know uh and there's the three constructs basically the euro dollar, the Japan carry trade and the petro dollar. Um now what does America what does the fick want the financial industrial complex I call it fick military mick and technical tick so simplicity now >> um well the fick wants to asset strip as much as it can from America not create carnage not create a crash just a slow a slow wealth extraction for as long as it can and then it wants to manage capital outflows into other countries countries where it can leverage its assets and try and penetrate as many countries as it can into a multipolar world. And so if you think about it, um the the the biggest change in the world right now, if you look at investors, 50% of investments are done via um ETFs, exchange traded funds. And so when you're investing in somewhere, you say, can I invest in the Saudi ETF or can I invest in the Indian ETF or the Pakistani ETF or the S&P 500 ETF? Uh that's now 50% of all investments. Those investments are managed by Black Rockck, State Street, and Vanguard. Two, three of the important nodes in the FIC in terms of the asset manager side. And what else is happening? um treasury departments, central banks, pension funds, endowment funds, insurance companies, they're all using Black Rockck's AI technology called Aladdin to manage scenario planning and allocate capital. So for example, they now manage $25 trillion $25 trillion of assets uses Black Rockck's Aladdin technology to plan how they're going to allocate their capital. And so if you for example as an asset manager of a sovereign wealth fund said I think the straight of Hormuse is going to be closed and um I think that uh foreign central banks are going to start selling gold. How do I scenario plan a capital allocation accordingly? And Black Crock Aladdin's technology scenario plans. This makes capital flows very coordinated at the artificial intelligence and a lot of its programmatic now as well as well as controlling the largest pools of capital to match the flows. And so you can use ETFs now as a mechanism for determining which countries get access to the most amount of capital. And that's exactly what Black Rockck did. 50% of the ETFs are now foreign um countries. And foreign stock markets outperformed the S&P in and so did many foreign currencies. And the countries that did the best were the ones that had sovereign wealth funds and energy and managed to keep their resources. Um, and so what I'm what I'm all this to say is that there's no clear handover here. You could think of the European and American empires as one block for the last 500 years. But now there's no clear handover. And so what I think the two things they're building is a global technocratic surveillance state that consists of the tick and China. And they're in partnership. They all were in Beijing meeting Xi Jinping uh a couple of months back. It was the executives of the tick, the executives of the fick, Xi Jinping and the China and the CPC or CCP depending on what you call it. Um they were all meeting uh they were in in my estimation Tim Paul who was there you know Tim Cook rather from Apple was saying Xi Jinping please are we going to be able to continue building our cheap labor factories so that we can continue offering iPhones at this price. Also we're going to have to put our price up soon. We really don't want anything happening to Taiwan because it's going to take us about another five years till we can become chip independent. And Huawei is building it chip independence. Uh you know, we'll carry on building our chips and TSM, you know, TSMC from Taiwan. They'll build their factories in America. You build the Huawei structure and we'll get the right mix and blend in order to make sure that uh you know we're managing this. Let's negotiate. uh Elon Musk came along and said, "Hey, if we don't get access to our batteries and our um components that are needed for these electric vehicles, you know, what have we got to do, Xi Jinping, in order to make sure that this flow is stable?" Visa and Mastercard came and said, "Look, we know that you've built the SIP system. We know that UAE now has a network of central bank digital currencies that connects Saudi Arabia, UAE, uh Thailand, China, Hong Kong, and that all works without uh Swift. Uh we know that, but can we do an integration between our system and your system and charge and charge fees? we I know you're not going to let us in, but can we at least charge fees? Can you open up a little bit of that to us? Um and uh and and so on and so on. The military companies said, "Hey, Xi Jingping, we know that we kind of need to pretend that we're going to go to war with each other, and we know that we can't even manufacture a weapon without you. Um, but it makes us a lot of money pretending that we're going to go to war with each other. And so, all right, what have we got to do? And Xi Jinping said, "Well, cancel your orders to Taiwan." And so, Trump cancelled a $13 billion order of military equipment to Taiwan. And then Trump and then Xi Jinping probably said, "Also, Trump, Taiwan is red limit is off limits. uh make sure that they know that. And so Trump immediately went on the media and said Taiwan is off limits. Um and uh and uh and that was announced and ever since then a bunch of shipments came out through the straight of Hamoose and a memorandum of understanding was signed. Um and uh we started moving towards this transition uh to multiparity. Um, and so all of this to say is that the technical industrial complex is partnering with China and the financial industrial complex is partnering with China. And where is most of the capital coming from to fund the technical industrial complex? Who's the largest investor in XAI, in anthropic, in Open AI, in Nvidia? It's the Gulf sovereign wealth funds. And the Gulf sovereign wealth funds suddenly said, "You know what? We'll allow you to have 2% of Saudi Aramco and we'll do an IPO, but we want our board on Black, we want a me, the CEO of Saudi Aramco has got to be a board member on BlackRock." And so they said, "Fine, you can have a board member." So the shareholders, remember the structure, shareholders rule, they employ board members. And the executives like Elon Musk and Tim Cook, they work for the board. So that's the power structure. Shareholders, board, executives. The executives look like they're in charge, but they answer to the board. The board answers to the shareholders. The shareholders is transnational capital. That's the power structure. That's the power dynamics. Um and so and you know that that requires cooperation between all of the sovereign wealth funds and China. So China can engineer the game. Now what does China have? China has three very important tools and anyone in finance knows this. They control the stock market in America. How? If China wanted to blow up the AI bubble, which by the way, the entire stock market and growth of America right now is building data centers and AI and all the ancillary energy service and manufacturing that comes from it. America would be at 0% growth if it wasn't for building data centers and AI right now. So the only thing between an American stock market crash is the belief that they need to build out all of this AI data centers. And we already know from deepseek that China already has the whole infrastructure open source at at onetenth of the cost with 90% if not better than the efficiency. So if China wanted to rugpool the AI bubble, it can do it with a couple of press releases when it wants to and that would crash a US stock market. It could also get Japan because Japan has now been saying, "We're no longer giving you free money. We're going to increase our interest rates." And so if China, Japan, and Europe, if they wanted to all start, the largest bond holders are Japan and UK. If they wanted to start selling off their bonds, they could crash the US bond market, yields will go through the roof. Once yields go, you know, once this the price of the bonds crashes, the yield goes through the roof. As the yield goes up, the cost of American national debt increases. The only thing that can stop that is the Federal Reserve buying those uh bonds, quantitative easing. And so if China wants to put America into a QE cycle, it can do it if it wanted to at the flick and break the bond market. And then the Fed controls the future of America in the bond market. What else? The commodity market. Um, the entire Western system was built upon a derivative market where there's not enough of the actual underlying asset to match the derivative contracts. Shanghai has most of the gold now. All of that gold, if you audited the Fed, you'd realize that both the Fed and the Treasury claim that gold and the Fed is owned by the banks and the banks used it as collateral. And the gold is leveraged many times over. And so if you want to break like they did with silver, you know, you can create a squeeze where everyone needs their gold and needs their silver. Now, the only way to stop that is to get a loan from a central bank that actually has the gold and has the silver. And the uh the western financial system doesn't have it. And so there is a Ponzi scheme in the currency market, a leverage trade in the derivatives market, an AI bubble in the stock market, and a debt cycle that is 100% dependent upon the Federal Reserve in the bond market. So Transnational Capital knows this. So what do they do? They say, "Let's manage using all of the leverage and assets of America." What are the biggest assets of America? Well, they rent out the military. Say, "We'll get you your oil. We'll go to Venezuela. We'll do this. We'll reset the world order. Go to war with Iran. Um, we'll allow you to have Syria, you know, um, and the Gulf countries can have Syria. Um, we want our Western Hemisphere. So, we'll try and dollarize around the Western Hemisphere. Russia, you get Ukraine. We'll extract as much as we can and then you get the rest. China, you have Taiwan. Um, and uh, but we need to look strong while we're doing this. We need to have narrative. We need to have people believe that the American Empire is trying to protect the dollar and is trying to take over the world. But we need to manage this transition. Um and so who are the next people? Well, they said how can we penetrate the regional blocks? And so they looked at bricks and said India, we could probably penetrate India as much as we can. So you Pakistan and India, you have a little tit for tat. We'll try and create a war there. Oops, that didn't work. What about UAE? Well, what what did UAE then do? So, UAE in the GCC, UAE ended up basically removing the pro dollar. They left OPEC. Remember, OPEC is the other side of the petro dollar. The other side of that is they ended up getting an FX swap line. They can now create dollars using their currency as collateral. That means they don't need to borrow them. That means that they can effectively take on the role of the Fed within the UAE. That change that breaks the petro dollar. Then Japan breaks the Japan carry trade. And then we get the Euro dollar as well, which is the relationship between the hollowing out of Europe so that it just becomes a vassel of the Fick. And so they're destroying Europe through Russia, which is why they wanted the Russian war. The CIA wanted the Russian war so that they could rage and turn Europe into a vassal state. And when you look across this region, what is transnational capital doing? Well, it is setting up multiple centers of mick, fick, and tick in as many countries as it can. And so it's saying, "We'll build your data centers. You can have some Nvidia chips. You'll get access to our technology. Uh we'll sell you some defense contracts in the military. Um we'll try and get as much, you know, um as much leverage as we can. And you know what? We'll end the Forever War in the Middle East. We'll go control Israel. We'll go um they'll go get as much land as they can, and we'll negotiate a regional order." and we'll replace the military forever war with rebuild contracts. Um, and the Gulf countries kind of went along and said, "Okay, Iran, let's pretend we're at war with each other." Now, remember, China normalized between Saudi Arabia and Iran. UAE and Saudi Arabia were normalized via um GCC corridors and so one by one they said about let's solve our issues and so the Houthis signed an agreement in UAE with Saudi Arabia. Uh we entered into October the 7th and the destruction in Gaza and Egypt said we're not going to ethnically cleanse the Palestinians. I know the IMF said they'd pay off our debt and they'd give us $18 billion to put the Palestinians in the Cyani desert, but no, we're not doing it. Um, the UAE and Saudi played good cop bad cop and settled their issues. Iran and the GCC settled their issues, but they said, "Iran, you need to blow up all the US bases." And America said, "Well, we need to make it where the GCC is going to rebuild Iran with a $300 billion fund. So, we'll blow up a lot of the infrastructure. Iran, you blow up a lot of the um the US infrastructure and then at the end of it, we'll take the military of Pakistan, the military-industrial complex in Egypt, the manufacturing base in Turkey, and we'll partner with the the financial capital of Saudi Arabia, all backed up by China. And so BRICS and GCC all aligned, co-opted the financial industrial complex, who then negotiated with the military and said, "We'll give you a final war and then we're going to dump Israel." And uh everyone I believe did this um this kind of theatrical war because now what did Iran agree to? I think Iran agreed to we'll give up the resistance in exchange for a regional stability and the expulsion of US from the region. That's the deal. How do you do that without creating civil unrest where everybody needs to keep their narratives? And and that's what I think the the war is that we're witnessing. This is the most changing time in history will ever be. The Middle East will have its own regional defense pact. It will have a relationship between the GCC and uh BRICS. BRICS will have its SEO agreement, Shanghai Cooperation Organization aligned with Azen. Now, what do we need to do? We need to take all the strategic ports that were dominated by the previous empire. Turn that model upside down. Let's charge a toll on the straight of Hamse and then that will have an impact on all the different What about all the Muslim countries? Indonesia, Malaysia, Pakistan, Yemen, Iran, uh UAE, the Horn of Africa, North Africa. Wow. These are all the strategic ports that are needed between the two models of the of the world, the pro dollar and the pro yuan. And so you can see through transnational capital they're building multi-polar mcfixs and ticks in recognition that they can no longer dominance because their only choice is negotiate with China and China has all the leverage. They can destroy the mick, tick, and thick by extric restricting access to rare earths, destroying the bond market, destroying the the stock market, and destroying the commodity market. Everybody knows that. Who whoever's at these higher level of conversations. So there will be no World War II. What we are witnessing right now is the transition to a multipolar world in as an alternative to World War II. And that changes everything. And how do you end these divide and conquer operations? Well, if you end the need for resistance and you end the strategic tension between Iran and Israel, then the justification for Israel no longer exists. And so why don't we privatize Israel, make as many companies public as possible, destroy the reputation of Israel, make it a prior state, and India started buying Israeli ports. India started buying Israeli assets. UAE started buying Israeli assets. They're assets stripping Israel into the Gulf countries. and Saudi said we will not normalize with Israel until there is a Palestinian state. So Saudi, Iran, Turkey, Pakistan, Egypt, they were playing the 5D chess. Now us as the plebs, we're just fed all the narratives and we're used to the old world and we're like Israel rules the world and World War II is coming. That's all the theatrics of the media. This is the shrinking of the US empire. Um, and Pakistan has a choice. It has Belt and Road. It has IMF and it has Gulf. What did Pakistan do? It ran out of dollars. And UAE said, "We'll call back our loan." And Saudi said, "We'll refinance it with Qatar." And Saudi then said, "Host the Islamabad negotiations and you be a front for what China wants and China will be pulling all the levers." Um and then after that we'll announce our regional um our regional defense pack. So this is 5D chess and it's not Trump that's playing it. Trump has one job. Get rich while dismantling the US empire. And then the fick will tell him what to do next. Which is why he's an erratic crazy man. Not cuz he's crazy, because he works for his lobbies. And his lobbies are Mick Fick and Tick. He was $250 million funded by Elon Musk. $150 million funded by the banking dynasty of the Melon family. Thick tick thick. And then Mariam Adleston represents Israel, which is the Mick, the military-industrial complex Mick. But what sat all above that, above all of that, $5 billion of funding, not just lobby funding, but a fund that profits from regional stability in the Middle East, managed by his son-in-law, Jared Kushner. that has relationships with Israel in order to pay off whoever needs to be paid off there while you create a narrative that dradicalizes this Zionist evangelical Christian front narrative that justified these forever wars and you deliver us the set of circumstances where you can have a Trump tower in UAE in Saudi in Qatar. He created a company called World Liberty Financial, 50% owned by UAE. And so Trump is bought by the Gulf in a complete while everyone's saying Israel owns America, Trump is bought by the Gulf, funded by the tick, then the Fick, and Mick lost. He's not a neocon, and he's not paying 5D chess, and he's not in charge. He's delivering what he needs to deliver in a multipolar world. So he destroyed the American empire and exposed it for what it is on purpose by design so that the fit can extract all the assets and he can get rich. And everyone thinks he's an idiot. He he's not an idiot. He's just part of the wealth extraction crew. Um, and his wealth is connected to regional stability in the Gulf regions, which requires normalization with Iran, which is China's condition, and they set the terms for not blowing up the American markets. >> If I were to, and I can obviously dive deeper into this, a lot of this, but we're running short of time as well. I would love to get a sense of, let's say, the near-term or the longer term. And it's not I I'm not going to call these predictions. I'm going to call these projections. Right? So based on the data that we have available ba we can potentially create an image of what might happen um for the sake of the viewers because obviously you've now at this point in time have said a lot of fairly radical things um that would challenge the regular individual's worldviews considering they've been fed what whatever the media has fed them. Right. And for me, I think over the over over the last couple of years, what has been really confusing and I would argue since co it's it it almost feels like, you know, there's you've we've started to leave the matrix and um you know, the world just doesn't make sense anymore. But last couple of years has just gone on steroids where the criticism on Israel in the US has been unprecedented. It just it doesn't make any sense. If they were so powerful, why is it not controlled anymore? Tucker Carlson um is one of the leading figures, anti-Israel figures in the US. His son is the press secretary for JD Vance. So, it's not like he's this rogue uh individual who is just randomly doing XYZ. JD Vance who was part of the the the tick essentially because Peter Thiel brought him in. Um so, so there are those connections. You can very clearly see the idea that um the Iran Israel war would happen. The idea I even for Pakistan we had this uh small skirmish with with India and before that it was all India. The entire narrative was India is the leading sort of uh uh counterweight to China. Um you had this sort of quad block that was propping up and then suddenly there was a small board that happened. um in a matter of minutes a bunch of planes went down and suddenly everything's flipped since then and Pakistan which is like this pariah state is suddenly center stage all of a sudden. Um so obviously people particularly in Pakistan are very very confused as to what's going on. I'm curious though because you mentioned that they that the the fake tried to get into India and and what I can see in India over the last 1015 years is that I would I would say it's controlled radicalization that has happened ever since Modi has come in and their media has been bought out since since 2014. Um since then the stock market is going crazy. uh there's a lot of that sort of manipulation that you normally see but they started um fighting the US at at you know in the trade wars and this and that and that was in my opinion sort of when I started to see India being strangulated in many ways um with Pakistan as well. Now for Pakistanis, I think the curiosity is where does this all lead to? Because for them, they're thinking, okay, we're right now center stage. We're giving a we're given a lot of praise. Obviously, Trump goes about mentioning the field marshall and the prime minister many times a week. Um, which again is very confusing for Pakistanis because we're not used to that. um they're thinking okay maybe if if it's all of this is to to to use Pakistan as a way to actually conquer India because India is the big market India is the prize India is what was 30% of the global GDP 5 400 years ago and that's like 1.4 4 billion consumers a huge base for if you can't go to China, India is a great alternative as a potential leech as a potential host for the leech right are are they now are they basically trying to prep India >> to come to their terms so they can enter that market and um take over. are have they let go of India altogether and decided okay maybe you know you have a huge youth population across the Muslim world. So you basically let Middle East be the the the next host and potentially create an alternative block as a counterweight to China in the future is where does the Iran Israel war lead to? um are we going to because again Pakistan and I I I'm constantly talking in the context of Pakistan for the audience for Pakistan we've been the center stage country in the middle of a lot of this conflict right Soviet Union China this and that and therefore a lot of that has trickled down to Pakistan where we we do believe a lot of it is internally we believe oh you know we have religious tensions and we have a lot of these um nationalist tensions but in reality in my opinion a lot of these tensions have been propped up by a more regional issue which if you're saying is now coming to a resolution where the FIC wants stability rebuilding growth so that they can participate and extract from that growth where does that leave Pakistan where does that leave India where does that leave overall the wider region minus China for a moment right so and and and if I were to sort of visualize this I I saw a few changes for example Middle East is now called West Asia. Pakistan was taken out of South Asia by the World Bank and added to uh the Middle East. You know, there these are they might sound simple, but there structural changes of of a dynamic of what it's going to look like in the next 50 years. And so I'm curious in your understanding what would the next 1015 years look like at once this transition sort of uh is over um and we do end up getting that stability that you think is coming. >> Yeah. So um FIC um does what it does right? So um FIC has the derivatives market. It can launch covert operations. it can profit from both sides when its operations go wrong via Mick. Um, and so it hedges its bets and its job is to vaselize and then also continually maintain as much extraction in US as it can while ushering in the multipolar world. So it's not resisting against multipolarity. is trying to vaselize to get as much control in a country as it can. Uh while it builds multiple financial centers that will then if you give it it will use its ETF flows to try and get capital so that it can then invest and get as much many assets as possible. Uh that that is fixed job. Uh some countries it will be successful, some it will fail. Um and it is kind of a fluid environment um in terms of its operations. Um, so in terms of let's let's take a look around the map. So I think there's about another trillion dollars for them to make out of the Russia Ukraine war. So they'll just carry on with that to weaken Europe. Um maybe another three years, print another trillion dollars, uh try and get the uh the sanctioned money from Russia. Um and just destroy Europe. um you know always push out the European military-industrial complex uh make it energy dependent upon America just vaselize it into um you know the thick so that that's on on that side. Um now with Pakistan and India I do agree with you that they did try to uh monetize and weaponize uh that tit fortat that happened between Pakistan and India. Um and I think that was really China and America testing belt and road initiative versus um IMF and both sitting out um while they could see this very public display from Pakistan of strength um and it was it did end pretty quick and there may have been a covert operation to try and escalate that but for whatever reason um it looked like that didn't escalate. Um, India is playing every side but I think it knows that it needs to lean eastwards. Um, because at the end of the day it knows that while it has this rivalry with China and it has this, you know, this uh this competition um I think it knows that the the writing's on the wall, it will play the sides for as long as it can. Um, but it will go in the direction which is obvious which is um eastwards. Um now Pakistan um the people see and this is very uh you can't talk Pakistan or Iranian politics without being hated by everyone. Um a lot of what I a lot of what I say is not what I want to happen and people get that confused. I'm not advocating for anything. I just think this is what is happening. >> Okay. Um, and uh, if I'm just having a conversation around humanitarian issues, the Palestinian cause, my conversation would be very different. I'll speak like a human. When I'm analyzing, I'm just saying it doesn't matter what I want. This is what I think is happening. Right? And so I think Pakistan um while there is a massive allegiance to Imran Khan, there was a reason why this needed to be military dominated in this moment. Um and I think it is because the number one asset of Pakistan in negotiating this transition is a recognition that its military and its nuclear power is the most important asset that it has right now. Uh because its debt is is what it is. Its dollar reserves are what they are. Um it's stuck between IMF, Belt and Road Initiative and Golf Investment. Um, and so its number one asset is it its military. So I think it needed to be in this moment um that it is in right now. Um, and it's somewhat of a corridor from so much vasilization which I know is very offensive. Um, but it's really really interesting because I I do think there is going to be a defense pact with Turkey, Pakistan, Egypt and funded by Saudi. Um and that's going to be with Iran as well. Um and so Pakistan needs to find its sovereign negotiation within within this whole framework. Um and I think military was what the asset that it could leverage the best which I think is a right call. Um so in terms of some predictions um I believe forget the theatrics of what you're seeing of Lebanon was the hold out clause and the more land that um Israel can get it will be negotiated back would be a prediction um because Lebanon Israel is trying to add value to FIC where it used to be a MC node. It knows that its role has changed. It's like um it's going to be regime changed. While you'll think that its next leader is a radical Zionist because that's all there is in Israel, um the next leadership, I think, will be GCC aligned. And GCC aligned means that there will be a Palestinian state and the rebuilding of both Lebanon and Gaza will be done by the GCC with GCC capital. Um and that would be it its hold out leverage clause. So the crimes against humanity that are happening in Lebanon right now are probably to inspire reaction from Hezbollah so that Israel and Hezbollah can go at it and Iran won't intervene unless it's been told that it can destroy Israel further. And if it destroys Israel further, it's not because the deal is going to break down. I think this deal is going to hold. Um, it's because more assets need to be acquired in Israel in order to manage this transition. And if any more further action happens by US in Iran, it's because those assets need to be destroyed in order for the 300 billion rebuild contract which will be by the Gulf is my prediction in order to tie them all together in this new regional section. So, Gulf isn't going to be investing in America anymore. Uh the Gulf has got to rebuild Gaza, rebuild Lebanon, uh facilitate investment contracts in Iran, and also rebuild the infrastructure that was destroyed to expel us from the region. Uh but the deal is going to hold. Um and there is going to be regional stability and Israel does won't does not rule the world. It's been strategically weakened into a prior state and it was always a node of the US military. So, Israel, I think India and UAE will be the mechanism for acquiring many assets of Israel and eventually in the next 5 years. I'm not sure what's going to happen with West Bank, but we may end up with a one-state solution or an Arab majority in Israel over the next 5 years. Um, and all the people that are radical Zionists that are wealthy, they've already left. They're in Cyprus. They're in Argentina. They're in Taiwan. Uh Thai Thailand. And many people are complaining about, you know, um many of the people in in those regions that have come from Israel. Um and so I do believe that we will get a resolution of that over the next 5 years. Um Palestine won't be a completely free state. It will be as with Lebanon and the rest of the Leavon in a regional structure based upon GCC investment and it will have the opportunity to build itself out of that like Singapore did. Um you know that that thing won't be justice but it will be better than what it has been. Um, and so I think you know the Palestinian side will be GCC rebuilt. Um, and Israel will be weakened is my prediction. Um, and Pakistan will be essential to regional defense agreements and regional stability. Um and it will have the opportunity to uh you know negotiate its way out of its IMF debts if it becomes more important to China. But it's stuck between these regional powers and it will have to pick one and I think it was most likely going to be China. Uh as will in the end be with India. Um and uh yeah I mean what what else what other parts of the region do you want? >> No. So the my my my curiosity here would be and and this is driven by the fact that that's my opinion as well that US is in a retreat right so as much as they try to claim that you know we're we're trying to uh exert power you know there's a Iran and Israel war and US is trying to do XYZ a lot of people are now calling that the Swiss canal moment for the US I think it was already defined in their national security do uh documents when they said, "Oh, you know, we're going back to the Monrose Doctrine or Don Rose doctrine, which essentially said that we're now going to be exerting our influence on the Western Hemisphere." So, in my understanding, what the US already decided was we're going to make the Mick happy by increasing their budget. We're going to let them exert their influence on our hemisphere. So, talk about Greenland, talk about Canada, talk about Venezuela, Cuba, so on and so forth. We can't control the world. At least we can control our side of the world. um ensure that we have energy security whatever the essentials that we need while we go through this sort of AI and and and robotics transition um and so if we have to sort of retreat from Asia you need a narrative for that it doesn't make sense to just randomly stop like clean up your bases so you know Iran war provided the ultimate opportunity to um destroy all these bases and let other regional players Turkey Pakistan Egypt sort of take over those bases because let's Middle East doesn't have a you know they they're reliant on either the US if not the US then someone else has to come in and sort of provide the security uh services um and so I think that transition is makes a lot of sense it's very logical and I think it was already defined in the in the national security document now a lot of the regional conflicts again historically have been because of let's say the Mick wanting to exert its influence. Now, if we're saying Mik is retreating, does that mean that a lot of those regional conflicts will begin to die down? And so then the curiosity comes in. What happens to Syria? What happens to Afghanistan? What is what happens to a lot of these sort of seemingly breakaway regions like Balojasthan for Pakistan or uh so on and so forth? Are we looking towards okay because sometimes what happens is when the reg like the global hedgeimman leaves or the you know the bully of the region leaves the the the the second commands start fighting each other right so would it make more sense for the US to actually leave and leave a spark for you know Asia to one theory is that the US would actually be interested in a world war II this time happening in Asia because they can actually get Asia to get bogged down by a war by a big huge war while US can um re-industrialize and rebuild themselves with AI and robotics and enter 20 years from now again as a as a major power. >> Yeah. >> Um do you see regional conflicts increasing then without the US being there now or without the Mick being there now? >> Yeah. So in the case of um the Middle East um I think that countries will resolve themselves one by one and it is so if you think about it what what are the proxy wars that happen you've got um US that at one stage used Pakistan in order to build militia groups that could then destabilize region uh parts of the region. um you had US use Afghanistan, Taliban, various other groups that were originally a resistance against the drugs and then suddenly became a supporting part of the infrastructure. Um so you got all of these different historical too much to go into. But if you really try and simplify it down, what created the strategic tension where the military was able to profit from trillions and trillions of dollars of defense, well, attack budget, let's call it. It was Israel being an agitator and with its America's partnership with Saudi Arabia, it created these, you know, kind of offshoots of Wahhabi, ISIS, Alqaeda, Bin Laden type of people that were often funded by Western intelligence in order to destabilize so that you could divide and conquer. Then you had the resistance against that which is Iran and Iran had Hezbollah, Hamas, Houthis, Iraq militia, various other groups. Um, and then you had the covert operations with Israel which was kind of like media narrative, right? When you combine all of that together, what is the thing that justified all the war and the forever war? It was creating strategic tension between them all and intelligence operatives for different interests whether it be Saudi interest, Iran interest, American interest, European interest, Russian interests, funding those different groups in order to win these proxy wars, divide and conquer, resource extraction, and keep the model going. I believe that all of those or we're moving towards most of those being settled. If you look at the current state of affairs, I think um the first thing to understand is these militia groups are not now while the soldiers might be ideological and not really know who they're being paid for or who they work for. At the highest level of infiltration, they're serving an intelligence geopolitical agenda. and they are only empowered by state financing and state sponsorship as well as weapons trafficking operations in order to get them the power that they need. When that goes away, um it reverts back to state power. And so if you look at say the Houthis, if the Houthis is no longer going to be resisting, it then defaults back to its national position within Yemen and it starts to engage in integration with national army and integration with national politics and it uses its leverage and its assets in order to be integrated into the Yemen structure or it gets eliminated. ated by greater forces which America tried and it couldn't do. Um you know so each of those regions will go through that journey of leveraging its new position but they will know that we're no longer state sponsored. We're no longer sponsored by Iran because Iran is negotiating its own sanction relief. And it is without telling everybody um it is internally regime changing itself, you know, to what it needs to happen in order to be on board with this regional plan. And within Israel, America, and Iran, there are people that will never do it for ideological reasons. you know, they're radical Zionists or they have vested interest in in in Iran in IRGC or they're evangelical Christians that are funded by blackmail operation, whatever it may be, right? Um, all of those forces need to be dradicalized because they just talk about that with IRGC, but there needs to be regime change in Israel, regime change in America, and dradicalization in America and Israel. you know, let's use the same words because it's they were all, if we want to use the word sponsors of terrorism, the largest state sponsor of terrorism in the world is America and Britain and France, let's face it. Um, and so they all have regimes and they are negotiating their positions. Um, and there's personal interest as well as state interest. And there's factions of power that benefit from war and don't. So that's the process we're going through. So one by one I personally believe that state armies, state political process and the end of proxy wars that lead to some kind of agreement just like you're seeing with Iran, just like you saw with Gaza, border peace, we, you know, whatever you think about it makes me want to puke personally, but it's still based upon the power dynamics and the current situation. I think that will happen in Yemen. I think that will happen um across the region and I think it's going to be probably Lebanon will be lost. Then it will lead back into Gaza and then we'll have the same with Lydia and SA Sudan and North Africa. But what we're ending is the end of state sponsored proxy wars in exchange for a settlement based upon the two great powers which is Fick and China exerting their influence over their respective power dynamics and networks. >> And that's the future of the Middle East. I think it's state state armies lack of less and less proxy wars uh and in regional regional agreements that make up a collective sovereign because no one's got the ability to be sovereign on their own and so there's a collective sovereignity here. Um, and that changes everything. Like I think it's you look at you'll look over the next 5 years and this is exactly what the British Empire, the Dutch Empire, the American Empire never could ever have happen. A bunch of Muslim countries unified around their resources with collective sovereignity backed up by the largest military I'm sorry, the the largest manufacturing base, China. uh with regional partnerships. Um and that's why uh America and Europe need to retreat and the the tools of colonization, the covert wars, the regime change, the manufactured civil unrest, they're coming home. M >> and so you'll have domestic terrorism in order to justify an internal police and surveillance state to prop up the internal privatized prison sector in America and um you know pre-rime arrests powered by Palanteer across Europe and UK. All those tactics that they beta tested around the world to prop up the empire, they now recognize the west knows actually the enemy is our internal populations. And so now they're they're creating a police and surveillance state. Uh and um and it is internal domestic enemies that are coming back home. >> That makes sense. I think um I think that's an entirely new thread on the surveillance state as well as the digitization of I would say argue life because that includes the digitization of currency that includes uh you know digitization of every aspect of life and therefore by proxy of that essentially surveillance and >> suffocation in many ways because right now what's happening is again mind-boggling with even dn naturationalization of many citizens um that's happening. I I saw in Kuwait recently uh a huge chunk of their population they denaturalized and they said you know your great great great grandfather came from Saudi go back to Saudi because a lot of these you know you're going towards a more authoritarian world um and obviously that in itself is backed by uh a lot of this data layer that's now tracking and identifying everyone and and I'd love to do a round two with you maybe in a few weeks um to sort of unpack that but I want to wrap up uh today's conversation just with one uh small insight on on let's say the financial markets in the US not in terms of where the stock prices are going uh but rather I heard this very interesting conversation um on diary of the diary of the CEO a few days ago with this uh sort of billionaire invest investor who spoke about SpaceX and Tesla and and the US stock market and said you know SpaceX for him was one of the biggest ponzies he's ever seen um the valuation just absolutely makes no sense and it just almost feels like you're really at the end of that Ponzi scheme where, >> you know, at at a certain point it just starts to go absolutely mind-numbingly crazy, right? And any rational actor would look at it and be like, "This makes no sense." And yet it keeps on getting propped up. And it's very interesting how the SpaceX um sort of IPO and the monetization and all of that go hand inhand with the narrative coming from the White House visav the Iran war, right? So it seems like it's also very well managed. The stock market seems so very well managed. Uh but increasingly now you're hearing from people that there is a crash coming and it might look much worse than what we saw in in '08. Um it might actually look increasingly similar to what we saw in 29 1929. Um considering you got the stock market bubble, you got a private credit market that's overly leveraged, you got the Japanese yen carry trade, it's it's a crisis all across coming in. Um and I think for a lot of people the biggest question is is there a way out? Is there a soft landing in all of this? Is this is there a way out for the you or are we looking at a lot of these transitions happening as soon as possible managed to the point where a lot of these threads get unraveled and once as soon as they do we do end up getting a crash and that crash is the beginning of effectively what you'd call a multipolar world where you know the west then falls into a crisis and the east then begins to stabilize themselves in the transition possibly of a lot of these leeches then happens during that time or are they building that alternative in the east so that when that sort of crash happens they can then um transition themselves out if that makes sense. How are you seeing the overall economy and market dynamics that is right now propped up as you've mentioned multiple times as well uh by a lot of these Ponzi schemes? >> Yeah, it's very difficult. So the currency is a Ponzi scheme where the debt has to roll over. The bond market is the mechanism for rolling over the debt and then we're in what's called fiscal dominance where the government has to increasingly spend more money in order to push it into the stock market while foreign central banks are selling their bonds and buying gold. Um and so we're in that fiscal dominance stage. Uh where the the answer to that question is whatever the Fed, Bank for International Settlements and PBOC want to do, they can do. If they want to engineer a crash, they can engineer a crash. If they want to keep the Ponzi going, then it then there's more wealth extraction and a K-shaped economy. Um, and those are the two options. You either have more and more wealth concentration upwards for as long as you can go or you rugpull the whole thing and then you do what happened in the 20s and 30s, which means that everybody loses their value and the fick purchase all the assets anyway. So, it's kind of the same thing either way because they'll socialize the losses, privatize the gains, and as long as they can roll over the debt in America, um they'll just use it to extract wealth and concentrate wealth upwards. And so, you're talking about a centralized decision. If the Fed want to uh decrease rates, then they've got a narrative, you know, um they regime change the Fed. You've got Kevin Walsh here. He can decrease rates and he can inflate away the national debt, uh sacrifice the dollar as world reserve currency and concentrate all value into the stock market. Um that's one strategy. That's what Trump wants Kevin Walsh to do. He could also do what Vulkar did. He could increase rates um and he could manufacture a great depression and a stock market crash um and concentrate wealth that would require a bailout. Um you have to remember crisis is built into the fix program. Every time there's a crisis, they can bail themselves out, socialize losses, and privatize the gains and concentrate wealth up. That's what happened during 2008. That's what happened during long-term capital management. That's what happened during boom and bust. That's what happened during COVID. That's what happened during Russia Ukraine war. Um, and that's what they can do with the AI um cycle. They've got the narrative in order to to manufacture a bailout. they can just say China will win the war and we're in an arms race, so we need to print$10 trillion dollars and bail out the companies. And so that is a re it is the it is the million-dollar question. How do you play that? Because you're talking about the decision makers of centralized players. >> Um and um there is no doubt that all this money that's being invested into AI right now is the capex is at ridiculous valuations. um and they have to reinvest it again in three years because all these chips and structures going to be worth significantly less than what they've invested in right now. So this is continued. This needs continual. I mean it it's almost like the only way to end this is to just keep pumping the stock market. Uh manufacture a narrative that justifies the money printing. Print $10 trillion in order to prop it up because the only thing keeping it up is access to passive inflows. The Federal Reserve money printing and media narrative. it's got nothing to do with anything. And then they're selling like 10 years revenue forward so that future investors are like there's nothing there, you know. Um, and it's just a function of money printing. Um, so h how you're going to call this, but I do personally believe there will be at some stage a massive correction. Um, and AI will still change the world. M >> but the people that invested in this wave will be rugpulled and the people that invest in the next wave will end up owning all the infrastructure. And I'm guessing that as these lockin periods come to an end in open a um in space >> and then we got anthropic and open AI coming the VCs are going to be selling and so they need they need a retail narrative. drop it all on retail and they'll be buying back afterwards and they'll end up owning the whole infrastructure and whoever owns that infrastructure rules the future of the police and surveillance state that's being built globally with China. >> Um and and you've got no choice but to own those assets. But the difficulty of today is you don't want to be the bag holder. M >> and so to me they could pump this bubble like crazy but at some point they can burst it and I believe it will be the second wave of owners that are going to be the only ones that are going to beat their system. Um and so how you play that is difficult, very very difficult. Um and I don't think anyone truly knows the timing on that. Uh and that's the problem. One last question and I want to dive deeper into this maybe again in a potential round two, but I know you're a you've been a Bitcoin maximalist uh for a while. Um I think what a lot of people are now confused about with Bitcoin as well. I think recently um the US spoke about how they went in and took Iran's bitcoins. Um they Iran was probably one of the one of the first few countries to genuinely showcase how Bitcoin can be used as a sovereign currency or uh or or something that can bypass the current world holder. But increasingly now people are now questioning whether Bitcoin itself was this sort of sovereign uh you know stick it to the big man currency or was it a CIA operation all along. um as an alternative narrative because a lot of people are also saying the way that they're going to reset the system is by trashing the dollar >> and creating a new digital dollar backed by let's say Bitcoin or gold or whatever. Um, and so where does then that the the whole concept of Bitcoin come in or or or whether you still adhere to the idea that Bitcoin is this sort of sovereign currency >> um that you can utilize as a way to be independent of the forever of of the surveillance state if that makes sense because I understand that you that's one of your major um thesis and narratives as well, right? In terms of being independent, how do you view Bitcoin now um as it as it stands today? >> Yeah. So, a quick correction. Um Scott Bent doesn't have Iran's Bitcoin. Scott Bent has Iran stable coins and and Iran's crypto. Uh because they're able to call up Tether and put a freeze function and do it. uh which is what Bitcoin doesn't is not designed for. So Iran still has its Bitcoin. Um you have to physically uh find whoever the the the the signature structure of whoever owns the key and get them to voluntarily give it to you um or involuntarily give it to you by putting a gun to their head. But if you kill the person that has the private key, then you still don't have the Bitcoin uh because you need the key. And so um there is a sovereign structure for owning Bitcoin um that rely the only way where you could get it is ransom effectively wrench attack and force someone to give you the keys and there can be more than one key holder. So you know that attack vector and again that's not the whole of Bitcoin network that's just the person's bitcoin. Um, okay. So, it's like having cash and and throughout history, you can go and uh invade a country, steal their gold and still and take some of their cash just like but it's more difficult to get multiple people's key in a structure. Um, and if you kill them, you lose the key and the Bitcoin's gone forever. Um, okay. So, I I'll leave we'll leave it where we can cover a lot of the other things on on another episode because you'll open up a whole new can of worms. Uh, but the point is that um the pro the surveillance and police state use crypto and stable coins uh because they can control them. you know, they're proof ofstake networks or their programmable money or they've got foundations and CEOs and centralized companies and they were funded by Silicon Valley. So, separate Bitcoin and the crypto market. All the crypto market is pump and dump scam, Silicon Valley, proof of stake, money printing, fiat currency, shitcoins, surveillance state stuff. So, then you got Bitcoin. So, what they tried to do is separate Bitcoin into two. Bitcoin where you own it in self-custody and Bitcoin where they own it for you in custody. If they can persuade you to give your Bitcoin to them, then there's an institution and they can steal your Bitcoin, confiscate your Bitcoin, get you to borrow against your Bitcoin, margin call the Bitcoin, um give you a share instead of Bitcoin, persuade you to invest in Micro Strategy and Michael Sailor rather than Bitcoin. um give you tax incentive to own it via your pension via Black Rockck ETF so they can issue you a share and then hold it in Coinbase. That's not Bitcoin. All of that is paper Bitcoin. A Bitcoin I owe you a promise to give you your Bitcoin. That's not Bitcoin. The promise of Bitcoin is money you can own in self-custody with no bank. Money you can spend with no government permission by running a node. and money that the monetary policy will never change, enforced by mass and code and the largest network of miners that no central bank and no country can control. That version of Bitcoin still exists and 75% of Bitcoin is still held in s self-custody. 25% is held in custody in Wall Street in ETFs by companies in that are public companies and various other things. So um if you hold your Bitcoin in custody and you give up the key then you are just subordinate and you're contributing to giving that financial institution more power. And so, Wall Street set about trying to get as much Bitcoin as possible from you and try to persuade you not to hold your keys uh so that they could do exactly what they did to Iran. Confiscate anything in custody and freeze anything that's not Bitcoin that's a stable coin instead. And that's what they want you to have. Um, and so Bitcoin in self- custody where you're running your own node is still backed up by open- source code, the largest network of supercomputers that in countries that hate each other and 25,000 people running nodes so that there's no central authority that can stop it. Bitcoin does exactly what it was designed to do and all you need to do is use Bitcoin as it was originally designed rather than how they want you to use it right now. so that you're subordinate to them. >> Makes sense. Simon, I'm going to wrap this up here. Again, this opens up a huge can of firms and I'd love to do that again on another episode. Um, but thank you so much for for taking the time out. Uh, I know we originally wanted 60 minutes, but I just didn't want to cut off midway. Thank you for for uh, you know, extending it to two 2 hours. Um, this was absolutely incredible. I do want to give a CTA and I'd love for you for for for you to sort of um uh build on that. My understanding is that you have a community where you educate people on uh a lot of these things about the changing uh financial system that's coming about sovereignity as well. I do want to also mention that you're not charging anything. You're not making any money out of it. This is not there's no financial aspect to it. just to confirm um because I know a lot when when a lot of times when people hear communities it's sometime especially finance it's more often than not buy my course um do XYZ um so for people who want to educate more along the lines of what you what you're saying what are some of the areas that they can interact with free of cost um what do you do give me give give the audience a CTA >> yeah sure um so I give realtime updates on X my ex is Simon Dixon Twitter Um, and whenever news comes out, I try and give real-time analysis rather than just breaking news or reporting. I try and analyze and and follow the money on top of the news. Um, I also uh as a discipline um I want to make sure I stay up to date with all the financial markets, macro, geopolitics, Bitcoin and tech. And so I make a commitment every Friday where I just for about 2 to four hours cover everything that happened that week and re-ransate it from the perspective of power dynamics and and following monetary flows and make some predictions and analyze the things I got wrong. Um and so you're welcome to join me every Friday. That's on my YouTube channel, Simon Dixon 21. Um and that makes me do it. Um, but I'm also aware that a lot of what I cover is controversial. Um, so, uh, I've created a hub at simonixon.com where I kind of take that 2 to four hours, feed it into AI and I'm building out like it creates 5 to 10 minute videos of it that summarizes it and 30 minute videos and a blog in any format. Um, so that people that don't have time, they can benefit from that on simonixon.com. And if any of the networks like take me out or or ban me or anything like that, um then at least I've got a a me, as you said, a membership site that's no sponsorship, no upsell, no monetization on anything. You know, this is more as a discipline for me. So, I share it. Um and um you can create a login and then I'll email you each week on my analysis. Um, and that's my commitment because I'm I'm at a stage in life where I there's no agenda there. I I sold my business. Um, and and I try to live what I'm teaching people to do in terms of building sovereign communities. Um, so you're welcome to join me on simonixon.com. >> It makes a lot of sense. Thank you so much for coming in and sharing all that insight. >> Thank you. >> And for all of you guys, let me know in the comment section below. First of all, what do you think about uh a lot of these uh some of these radical ideas, a lot of these very interesting ideas? Would love to hear your comments in the comment section below. If you have any thoughts and questions, if you have any counters, um would love to hear them in in the comment section. If you want a a question or a further explanation on something uh for round two, let me know there as well. But nonetheless, this was zedi. You're watching Thought Behind Things. Thank you so much for watching and I'll see you in the next one.
More from Thought Behind Things
52:45 Jun 9, 2026
How Asad Mehmood landed Mattermost from Pakistan before A levels
with Asad Mehmood
Asad Mehmood walked into Mattermost before he had A levels, crossed two million dollars on Upwork, and now runs a design agency from Pakistan. He sat with Muzamil to lay out the framework underneath it: become undeniably good, then become visible, then sell outcomes.
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59:04 Jun 5, 2026
A 22-year-old Pakistani's road map to space by 2050
with Hassan Mossin
Hassan Mossin, a 22-year-old Pakistani astrophysicist training with the International Institute for Astronautical Sciences, walks Muzamil through the next twenty-five years of space — commercial stations by 2030, a lunar base by 2032, and why the bottleneck isn't food or oxygen, it's energy.
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1:02:55 May 29, 2026
Penetrate, don't apply: a Pakistani's path to a remote US job
with Ghalib Hassam
Ghalib Hassam went from an unemployed electrical engineer in Nowshera to head of content at Darkroom by refusing to apply for jobs. He cold-messaged founders, worked for free, documented everything, and let the conversation move on its own.
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