25:20 What keeps these people afloat and if you cut any of these people out of the system, I mean they're like helpless little babies. Yeah yeah and I certainly appreciate that perspective especially when everybody is so doom and gloom And you know maybe there is a silver lining to all this you've been writing a little bit about it i like this line where you say. Major economies are returning to creating real value through natural resources and manufacturing not lip flapping and paper shuffling and then you say, America is poised to capitalize on the new economic reality in a supreme fashion, but not with the Davos dickheads running everything now. Well that last part of course! But that's really interesting so many people are focused on the decline myself included
26:10 that we often miss what else is going on out there. What do you mean by that? How are we poised to capitalize on the new economic reality, what are other forward thinking countries doing and how can this be a not so terrible thing?" Well let's back up to the war right Ukrainian War So basically I think the UK is the senior partner in this situation concern, they seem to be very preoccupied with this whole situation and keeping Ukraine out of the hands of the Russians. But basically what you have is that there was this huge sanctions regime right?
27:04 And a lot of people were saying, this is about idea. This is going to backfire and the course they're all attacked for being Putin apologists and Russian spies and Russian bots and all this complete another nonsense you know but now like that the Davis doofus layer as I call them are all starting to admit that this is all backfiring. One reason it's backfiring is that Russia produces just enormous amounts of natural resources for the world. Not only oil and gas, but you know this whole thing with a fertilizer precious metals timber... The real tangible stuff as opposed to the digital? Yes yes yes food so America decided that it could rebuild itself like this virtual empire right and it would offshore all its manufacturing
28:00 say South American produce and so on. And, you know all the power in the money sort of gravitated towards the coast right? Gravitated towards the Northeast Corridor in Southern California or southern to central California right? You know with San Francisco and Palo Alto and all this kind of thing So that's why we had this incredible imbalance and this population redistribution you know, all these coastal areas became very heavily Democratic which are actually Rockefeller Republicans. I mean they're not the old Democratic Party at all it's basically the old Rockefeller Republicans who took over the party during the Clinton era because Clinton was tied in with the Rockefellers because the Rockefellers owned Arkansas and probably still do and one of the brothers i think was Winthrop was governor there for a very long time but anyway
28:58 But we ignore the fact that we have the amber waves of grain, you know? The fruited plains. And one of the reasons why America is so well poised to take advantage of this and this is something a lot of people don't take account into and this is why I like to study people who talk about commodities and so on because America has this incredible river system. You know, the Missouri, Mississippi, Ohio that come in from the Great Lakes and empty out into the Gulf of Mexico. So basically, the entire... would that be the width of the breath? I'm not sure but you know from North to South America is covered it's basically free transportation all you just do is put your boats on the river and you can go up and down
29:49 the entire country. And we've got a lot of coastal regions and we have this huge prairie where you can grow any crops that you want, depending on the drought situations and the droughts periodically emerge like they did in the 30's with the Dust Bowl and they seem to be re-emerging now But we have tremendous amounts of oil. I think there's more oil in North America than anywhere else in the world, we have our own minerals, we have everything we need here. We can grow our own food, we can build our own cars, we can build around computers. We don't need anybody else to question just how much do we want to pay for it? And of course, we know that the people running everything don't want to pay anything for anything. You know they want everything to go into their own pockets but this is inevitable
30:45 The sanctions regime just encouraged Russia to pull away from the system that was really bleeding it dry, like the Swift System and the World Bank. I don't know if they even realized it but the Davis-Dufus did Russia a tremendous favor by forcing them to rely on their own unbelievable bounty of natural resources. And that's why, you know the ruble is higher than ever and Russian gas and oil are trading at prices higher than they have been since before the sanctions took hold. They basically are taking over nationalizing all the corporate property of the companies that left the country. It was just a really bad idea to cut them out just not to give the Russians any incentive
31:39 to play ball. They just said, you know screw you we're cutting you off from everything and then they're just like well okay well you know what? We're not sending you fertilizer when we're not sending you the trillions of tons of wheat that we grow or corn or soy or whatever. We're not going to play ball with you and then we're gonna sell it all to China and then we're gonna sell it to India because they need that stuff I mean China in India have a terrible problems growing their own food So screw you, you know? And this is what I'm talking about. This whole World Island, this Eurasian project that is really putting the pressure on the Western naval mercantile powers but we are very well poised if we can just pull all of this stuff back on shore all our manufacturing again so we don't need to be held hostage by these
32:35 supply chain issues, particularly if it's country that we're coming into loggerheads with. We've got everything we need. The question is whether we're going to be able to take advantage of it but we have a tremendous problem with our infrastructure. Our infrastructure needs rebuilding as most of our infrastructure was built from the period from the 30s to 50s right? It's all rotting you know you've got subway tunnels that are about to collapse in cities like New York so we need to focus on our home situation It's gonna be a major problem without all this free phony money flying around anymore. Right, right well I mean that is a really good hopeful positive outlook we do have a lot of resources that can be useful and it's really just the collapse of things like Wall Street and woke Hollywood and big tech and those things aren't even us like I you know call me naive but when 2008 happened