All language subtitles for S01E15 - The New Economy.en

af Afrikaans
ak Akan
sq Albanian
am Amharic
ar Arabic
hy Armenian
az Azerbaijani
eu Basque
be Belarusian
bem Bemba
bn Bengali
bh Bihari
bs Bosnian
br Breton
bg Bulgarian
km Cambodian
ca Catalan
ceb Cebuano
chr Cherokee
ny Chichewa
zh-CN Chinese (Simplified)
zh-TW Chinese (Traditional)
co Corsican
hr Croatian
cs Czech
da Danish
en English
eo Esperanto
et Estonian
ee Ewe
fo Faroese
tl Filipino
fi Finnish
fr French
fy Frisian
gaa Ga
gl Galician
ka Georgian
de German
el Greek
gn Guarani
gu Gujarati
ht Haitian Creole
ha Hausa
haw Hawaiian
iw Hebrew
hi Hindi
hmn Hmong
hu Hungarian
is Icelandic
ig Igbo
id Indonesian
ia Interlingua
ga Irish
it Italian
ja Japanese
jw Javanese
kn Kannada
kk Kazakh
rw Kinyarwanda
rn Kirundi
kg Kongo
ko Korean
kri Krio (Sierra Leone)
ku Kurdish
ckb Kurdish (Soranî)
ky Kyrgyz
lo Laothian
la Latin
lv Latvian
ln Lingala
lt Lithuanian
loz Lozi
lg Luganda
ach Luo
lb Luxembourgish
mk Macedonian
mg Malagasy
ms Malay
ml Malayalam
mt Maltese
mi Maori
mr Marathi
mfe Mauritian Creole
mo Moldavian
mn Mongolian
my Myanmar (Burmese)
sr-ME Montenegrin
ne Nepali
pcm Nigerian Pidgin
nso Northern Sotho
no Norwegian
nn Norwegian (Nynorsk)
oc Occitan
or Oriya
om Oromo
ps Pashto
fa Persian
pl Polish
pt-BR Portuguese (Brazil)
pt Portuguese (Portugal)
pa Punjabi
qu Quechua
ro Romanian
rm Romansh
nyn Runyakitara
ru Russian
sm Samoan
gd Scots Gaelic
sr Serbian
sh Serbo-Croatian
st Sesotho
tn Setswana
crs Seychellois Creole
sn Shona
sd Sindhi
si Sinhalese
sk Slovak
sl Slovenian
so Somali
es Spanish
es-419 Spanish (Latin American)
su Sundanese
sw Swahili
sv Swedish
tg Tajik
ta Tamil
tt Tatar
te Telugu
th Thai
ti Tigrinya
to Tonga
lua Tshiluba
tum Tumbuka
tr Turkish
tk Turkmen
tw Twi
ug Uighur
uk Ukrainian
ur Urdu
uz Uzbek
vi Vietnamese
cy Welsh
wo Wolof
xh Xhosa
yi Yiddish
yo Yoruba
zu Zulu
Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:04,940 --> 00:00:08,398 [THEME MUSIC] 2 00:00:25,210 --> 00:00:27,190 GREGG BRADEN: Hello, my name's Gregg Braden. 3 00:00:27,190 --> 00:00:29,410 And I know that if you're watching me today, 4 00:00:29,410 --> 00:00:31,600 you have seen the program "Missing Links." 5 00:00:31,600 --> 00:00:33,730 And we have a lot of people that are asking me 6 00:00:33,730 --> 00:00:35,890 questions behind the scenes. 7 00:00:35,890 --> 00:00:37,200 What has happened in my life? 8 00:00:37,200 --> 00:00:38,000 What was involved? 9 00:00:38,000 --> 00:00:39,307 What have I found? 10 00:00:39,307 --> 00:00:41,140 When I was putting that information together 11 00:00:41,140 --> 00:00:42,720 and I think you're probably aware 12 00:00:42,720 --> 00:00:44,530 it's just the tip of the iceberg of all 13 00:00:44,530 --> 00:00:48,920 of the research that went into putting this series together. 14 00:00:48,920 --> 00:00:50,170 We know our world is changing. 15 00:00:50,170 --> 00:00:52,760 And I think one of the most common themes of the questions 16 00:00:52,760 --> 00:00:55,390 that people ask me from all over the world, every culture, 17 00:00:55,390 --> 00:00:58,510 every continent that I'm on, two things, economy, 18 00:00:58,510 --> 00:01:01,570 self-sustainability-- how do we bring those into our lives? 19 00:01:01,570 --> 00:01:03,653 And that's what I want to talk to you about today. 20 00:01:06,690 --> 00:01:10,110 So when I hear questions coming to me about economy, 21 00:01:10,110 --> 00:01:11,824 one of the first things that I found 22 00:01:11,824 --> 00:01:13,740 is that the word itself means different things 23 00:01:13,740 --> 00:01:15,180 to different people. 24 00:01:15,180 --> 00:01:17,860 Economy for some people is about money. 25 00:01:17,860 --> 00:01:19,500 But I want to say, today, that economy 26 00:01:19,500 --> 00:01:20,970 is much more than money. 27 00:01:20,970 --> 00:01:23,500 It can be about money but it's more about us. 28 00:01:23,500 --> 00:01:24,970 It's about people. 29 00:01:24,970 --> 00:01:28,890 It's about the way we share the things that we need to sustain 30 00:01:28,890 --> 00:01:30,210 us in our everyday lives. 31 00:01:30,210 --> 00:01:34,910 The way we share food, energy, medicine, communications, 32 00:01:34,910 --> 00:01:38,340 the vital things that are necessary in everyday life. 33 00:01:38,340 --> 00:01:41,640 Those are the things that are changing in our world today. 34 00:01:41,640 --> 00:01:46,080 We have found ourselves in a world where much of our economy 35 00:01:46,080 --> 00:01:48,100 has been centralized. 36 00:01:48,100 --> 00:01:51,810 And what's changing, now, in our time of extremes, 37 00:01:51,810 --> 00:01:53,710 is we see the climate change. 38 00:01:53,710 --> 00:01:57,930 And we see all of the factors of conflict, 39 00:01:57,930 --> 00:02:01,440 and we see all the factors of the financial economy changing. 40 00:02:01,440 --> 00:02:04,140 All those systems coming together. 41 00:02:04,140 --> 00:02:06,690 What we're finding is, this centralized model no longer 42 00:02:06,690 --> 00:02:08,020 works anymore. 43 00:02:08,020 --> 00:02:09,870 So when people ask me, what is it that they 44 00:02:09,870 --> 00:02:11,280 can do in their own lives? 45 00:02:11,280 --> 00:02:14,710 The answer for me is very simple. 46 00:02:14,710 --> 00:02:17,640 The key is a localized economy. 47 00:02:17,640 --> 00:02:20,350 Localized economy, what does that mean? 48 00:02:20,350 --> 00:02:25,170 It means living within our means in a local community 49 00:02:25,170 --> 00:02:28,380 while that community is part of an even greater community that 50 00:02:28,380 --> 00:02:30,990 can be a nation, it can be a planet. 51 00:02:30,990 --> 00:02:33,150 It means localized forms of energy. 52 00:02:33,150 --> 00:02:35,310 It means localized sources of food. 53 00:02:35,310 --> 00:02:37,290 It means localized businesses. 54 00:02:37,290 --> 00:02:40,680 It means localized money, localized loans. 55 00:02:40,680 --> 00:02:43,590 These are the things that are sustainable in a time 56 00:02:43,590 --> 00:02:45,480 of extremes when the world is going 57 00:02:45,480 --> 00:02:49,100 through a time of such volatility and uncertainty. 58 00:02:49,100 --> 00:02:54,180 It is the fragile centralized system that is most at risk. 59 00:02:54,180 --> 00:02:56,920 And it's this system that you and I sense. 60 00:02:56,920 --> 00:02:57,720 We feel it. 61 00:02:57,720 --> 00:02:59,250 We don't need someone to tell us. 62 00:02:59,250 --> 00:03:00,970 We know this system is at risk. 63 00:03:00,970 --> 00:03:03,810 And this is where a lot of the fear comes from. 64 00:03:03,810 --> 00:03:04,680 What if? 65 00:03:04,680 --> 00:03:06,370 What if the banks fail? 66 00:03:06,370 --> 00:03:08,640 What if the storms from the climate change 67 00:03:08,640 --> 00:03:11,790 are so bad that delivery trucks can't come across the roads 68 00:03:11,790 --> 00:03:14,200 into the mountain communities of Colorado and New Mexico? 69 00:03:14,200 --> 00:03:15,574 Which has just happened recently. 70 00:03:15,574 --> 00:03:16,920 These are a real time thing. 71 00:03:16,920 --> 00:03:19,530 This isn't just a make believe hypothesis. 72 00:03:19,530 --> 00:03:20,460 What do we do then? 73 00:03:20,460 --> 00:03:23,250 And this is where people get nervous. 74 00:03:23,250 --> 00:03:25,704 The key here, in localized living, 75 00:03:25,704 --> 00:03:27,870 is we don't have to worry about any of those things. 76 00:03:27,870 --> 00:03:30,000 Let me just give you a quick example. 77 00:03:30,000 --> 00:03:33,210 A couple of years ago, there was a bacteria 78 00:03:33,210 --> 00:03:36,550 that was found on certain kinds of fruits, melons, cantaloupes, 79 00:03:36,550 --> 00:03:39,670 that were being grown in portions of the Rocky Mountain 80 00:03:39,670 --> 00:03:40,470 area. 81 00:03:40,470 --> 00:03:43,800 And they pulled these from the grocery store shelves. 82 00:03:43,800 --> 00:03:46,050 They were warning people not to eat these things. 83 00:03:46,050 --> 00:03:48,350 They were having the same problems with lettuces. 84 00:03:48,350 --> 00:03:50,433 There were having the same problems with broccoli. 85 00:03:50,433 --> 00:03:52,710 And there was another bacterial issue with eggs, 86 00:03:52,710 --> 00:03:54,287 with fresh eggs. 87 00:03:54,287 --> 00:03:56,370 I live in the high deserts of northern New Mexico, 88 00:03:56,370 --> 00:03:58,620 a rural localized economy. 89 00:03:58,620 --> 00:04:01,080 We went to our neighborhood restaurants 90 00:04:01,080 --> 00:04:02,190 and we had no problem. 91 00:04:02,190 --> 00:04:04,273 We didn't have to worry about any of those things, 92 00:04:04,273 --> 00:04:06,720 because our food came from about a block away 93 00:04:06,720 --> 00:04:08,600 from where the restaurant was, farm to table. 94 00:04:08,600 --> 00:04:10,350 And I know, many of you listening to this, 95 00:04:10,350 --> 00:04:14,100 you're already experiencing this because it has made sense. 96 00:04:14,100 --> 00:04:17,940 What I want you to know is that it's more than a convenience. 97 00:04:17,940 --> 00:04:21,360 This is the way of sustainable living in our future. 98 00:04:21,360 --> 00:04:24,240 And just as the localized sources of food 99 00:04:24,240 --> 00:04:28,860 work to help us provide reliable systems that we can count on, 100 00:04:28,860 --> 00:04:30,720 the same thing is true for energy. 101 00:04:30,720 --> 00:04:34,219 Energy is determined by environment. 102 00:04:34,219 --> 00:04:36,510 Not every environment supports the same kind of energy. 103 00:04:36,510 --> 00:04:38,520 If your living out West and you have a lot of sun, 104 00:04:38,520 --> 00:04:39,750 solar makes tremendous sense. 105 00:04:39,750 --> 00:04:41,541 If you're living under a lot of cloud cover 106 00:04:41,541 --> 00:04:43,470 in a rainforest in Byron Bay, Australia, 107 00:04:43,470 --> 00:04:45,240 it doesn't make quite so much sense. 108 00:04:45,240 --> 00:04:46,830 There are other forms of energy. 109 00:04:46,830 --> 00:04:49,570 The key is that one size does not fit all. 110 00:04:49,570 --> 00:04:52,320 And this is where the centralized model in the past 111 00:04:52,320 --> 00:04:53,790 has gotten us into trouble. 112 00:04:53,790 --> 00:04:59,280 It has invited us to rely upon a single source of energy 113 00:04:59,280 --> 00:05:02,715 mostly burning of fossil fuels that we know is not sustainable 114 00:05:02,715 --> 00:05:04,980 and it's causing more problems now 115 00:05:04,980 --> 00:05:08,200 when, in fact, we have so many localized and sustainable ways 116 00:05:08,200 --> 00:05:09,000 of living. 117 00:05:09,000 --> 00:05:10,650 And some of them are conventional, some of them 118 00:05:10,650 --> 00:05:11,490 are unconventional. 119 00:05:11,490 --> 00:05:13,380 We all know about wind. 120 00:05:13,380 --> 00:05:17,130 Here in northern New Mexico we have geothermal because 121 00:05:17,130 --> 00:05:18,555 of the volcanic activity. 122 00:05:18,555 --> 00:05:21,150 You drill a hole in the ground, pump water 123 00:05:21,150 --> 00:05:24,332 into the molten lava, that turns into steam. 124 00:05:24,332 --> 00:05:26,040 That steam drives the turbines and you've 125 00:05:26,040 --> 00:05:28,410 got a beautiful source of electricity that's 126 00:05:28,410 --> 00:05:31,050 not dependent on sun or wind. 127 00:05:31,050 --> 00:05:32,520 So these are examples of the kinds 128 00:05:32,520 --> 00:05:34,409 of things in the near term. 129 00:05:34,409 --> 00:05:36,700 One of the other questions that people ask all the time 130 00:05:36,700 --> 00:05:38,190 is what about free energy. 131 00:05:38,190 --> 00:05:39,900 As a scientist, what I can say to you 132 00:05:39,900 --> 00:05:43,570 is the principles of free energy, the physics exist. 133 00:05:43,570 --> 00:05:45,510 And we are surrounded, we are bathed 134 00:05:45,510 --> 00:05:49,560 in energy that can be tapped and used in a very real 135 00:05:49,560 --> 00:05:51,030 and a commercial way. 136 00:05:51,030 --> 00:05:54,460 Realistically, are those systems available right now? 137 00:05:54,460 --> 00:05:56,460 What I say to people that ask me this, they say, 138 00:05:56,460 --> 00:05:58,251 why aren't we using these things right now? 139 00:05:58,251 --> 00:06:00,810 And I say to them, the systems that are available now, 140 00:06:00,810 --> 00:06:02,610 to the best of my knowledge I wouldn't want 141 00:06:02,610 --> 00:06:03,750 to depend on those systems. 142 00:06:03,750 --> 00:06:06,110 If I were on an operating table in an operating room 143 00:06:06,110 --> 00:06:08,460 and knew that those systems were running all the power-- 144 00:06:08,460 --> 00:06:11,110 or if I were in an airplane depending 145 00:06:11,110 --> 00:06:13,330 upon those systems for navigation and guidance-- 146 00:06:13,330 --> 00:06:16,420 they're not at the point where I would want those things, 147 00:06:16,420 --> 00:06:18,340 my life to depend upon them. 148 00:06:18,340 --> 00:06:22,720 I think what we're seeing is a gradation. 149 00:06:22,720 --> 00:06:27,970 It's a phasing in of these new forms of energy and forms 150 00:06:27,970 --> 00:06:29,470 of economy. 151 00:06:29,470 --> 00:06:31,524 Humans are very interesting in this respect. 152 00:06:31,524 --> 00:06:33,190 And we've talked about this a little bit 153 00:06:33,190 --> 00:06:39,100 before in that we seem to learn what we do not want 154 00:06:39,100 --> 00:06:40,690 by experiencing that first. 155 00:06:40,690 --> 00:06:43,689 Rather than simply saying, this is the way 156 00:06:43,689 --> 00:06:45,730 we choose to live and let's put all of our energy 157 00:06:45,730 --> 00:06:47,063 into making these things happen. 158 00:06:50,120 --> 00:06:52,312 It seems that we experience war, for example, 159 00:06:52,312 --> 00:06:54,270 before we say we don't want that we want peace. 160 00:06:54,270 --> 00:06:56,820 Or we experience a breakdown of the financial system 161 00:06:56,820 --> 00:06:58,500 before we say, we don't want that. 162 00:06:58,500 --> 00:07:00,060 Let's regulate that. 163 00:07:00,060 --> 00:07:06,600 So we could, in a six month period 164 00:07:06,600 --> 00:07:08,490 of time, the leaders of the world 165 00:07:08,490 --> 00:07:10,290 could come together and say, hey, look. 166 00:07:10,290 --> 00:07:12,750 All these new technologies already exist. 167 00:07:12,750 --> 00:07:14,790 Let's put the world on hold. 168 00:07:14,790 --> 00:07:16,110 Let's put our people to work. 169 00:07:16,110 --> 00:07:17,220 Let's give people jobs. 170 00:07:17,220 --> 00:07:19,652 Let's rebuild an infrastructure and six months from now 171 00:07:19,652 --> 00:07:20,860 we're going to push a button. 172 00:07:20,860 --> 00:07:23,320 And we're going to be clean, green, sustainable, smart grid, 173 00:07:23,320 --> 00:07:25,403 and we'll never looked back at fossil fuels again. 174 00:07:25,403 --> 00:07:26,550 That could happen. 175 00:07:26,550 --> 00:07:28,230 Is it going to happen, realistically? 176 00:07:28,230 --> 00:07:29,430 Probably not. 177 00:07:29,430 --> 00:07:31,230 So realistically, what we're doing 178 00:07:31,230 --> 00:07:34,500 is we're doing this piecemeal, step by step, 179 00:07:34,500 --> 00:07:40,440 as aspects of the centralized forms of economy-- 180 00:07:40,440 --> 00:07:44,010 food, medicine, communications, energy, defense, 181 00:07:44,010 --> 00:07:45,810 all these things, finances-- 182 00:07:45,810 --> 00:07:48,106 as they break down, we're fixing them piecemeal. 183 00:07:48,106 --> 00:07:50,230 And I'm not saying it's good, bad, right, or wrong. 184 00:07:50,230 --> 00:07:51,960 It just is a path we've taken. 185 00:07:51,960 --> 00:07:54,620 Ultimately, they are stepping stones. 186 00:07:54,620 --> 00:07:58,260 They're leading us toward what you and I both know 187 00:07:58,260 --> 00:08:01,230 is possible for us and our children in our world. 188 00:08:01,230 --> 00:08:04,810 And that is a world where we live in harmony with nature. 189 00:08:04,810 --> 00:08:07,200 Localized living is the way nature works. 190 00:08:07,200 --> 00:08:11,940 And that should be the model for the way we live our lives. 191 00:08:11,940 --> 00:08:14,700 So one of the questions that people ask me all the time, 192 00:08:14,700 --> 00:08:17,490 and this is true in every country I go to, 193 00:08:17,490 --> 00:08:19,770 when they talk about the economy they're 194 00:08:19,770 --> 00:08:22,290 being very specific about money. 195 00:08:22,290 --> 00:08:24,690 And this is the physical money that we all use 196 00:08:24,690 --> 00:08:25,810 and that we all depend on. 197 00:08:25,810 --> 00:08:27,090 They say, where are we going with the money? 198 00:08:27,090 --> 00:08:28,462 What's happening with the money? 199 00:08:28,462 --> 00:08:29,670 So I'm going to preface this. 200 00:08:29,670 --> 00:08:33,330 I'm a scientist and when I give you a scientific answer 201 00:08:33,330 --> 00:08:35,610 I identify it as a scientific answer. 202 00:08:35,610 --> 00:08:36,870 I'm not an economist. 203 00:08:36,870 --> 00:08:39,522 I've spent a lot of energy, my energy researching this. 204 00:08:39,522 --> 00:08:40,980 So I'm going to share with you what 205 00:08:40,980 --> 00:08:43,679 I have found to be true to the best of my knowledge. 206 00:08:43,679 --> 00:08:46,110 The global financial system is changing. 207 00:08:46,110 --> 00:08:47,640 And one of the reasons it's changing 208 00:08:47,640 --> 00:08:50,160 is because it is now a global financial system. 209 00:08:50,160 --> 00:08:53,160 We never have had this in the history of the world. 210 00:08:53,160 --> 00:08:56,074 The world has never been connected the way that we 211 00:08:56,074 --> 00:08:57,240 see the world connected now. 212 00:08:57,240 --> 00:09:00,457 We've never lived in a truly globalized society. 213 00:09:00,457 --> 00:09:02,040 And people ask me all the time, are we 214 00:09:02,040 --> 00:09:04,679 going to a global government, a one-world government? 215 00:09:04,679 --> 00:09:06,220 Are we going to a one-world currency? 216 00:09:06,220 --> 00:09:08,460 And my answer is, we're pretty much already there. 217 00:09:08,460 --> 00:09:10,030 Nobody told us when it happened. 218 00:09:10,030 --> 00:09:13,710 It wasn't like, flash, CNN, BBC World-- 219 00:09:13,710 --> 00:09:17,130 one-world government, one-world monetary system. 220 00:09:17,130 --> 00:09:21,310 But if you think about it, we've got a 24/7 global stock 221 00:09:21,310 --> 00:09:22,110 exchange. 222 00:09:22,110 --> 00:09:23,026 We already have that-- 223 00:09:23,026 --> 00:09:26,500 24/7 global news, 24/7 global communications, 224 00:09:26,500 --> 00:09:28,320 we've already got global defense. 225 00:09:28,320 --> 00:09:30,780 We've got global energy sharing, global technology, 226 00:09:30,780 --> 00:09:32,117 global medicine. 227 00:09:32,117 --> 00:09:34,200 The way that governments are now working together, 228 00:09:34,200 --> 00:09:38,370 in many respects they are cooperating in a global sense. 229 00:09:38,370 --> 00:09:39,900 So where are we going with all this? 230 00:09:39,900 --> 00:09:42,670 Ultimately, ultimately, at some point, 231 00:09:42,670 --> 00:09:47,340 I think we will see more of what we would interpret 232 00:09:47,340 --> 00:09:49,540 as a global government. 233 00:09:49,540 --> 00:09:51,690 It doesn't mean that there is one person that's 234 00:09:51,690 --> 00:09:54,000 dictating what's happening with everyone else. 235 00:09:54,000 --> 00:09:57,960 It is more of the sense where the world has the opportunity 236 00:09:57,960 --> 00:10:01,655 to chime in on the input of the policies that are happening. 237 00:10:01,655 --> 00:10:03,030 And I think you're already seeing 238 00:10:03,030 --> 00:10:05,310 this happen in our world today. 239 00:10:05,310 --> 00:10:06,690 And the same is true with money. 240 00:10:06,690 --> 00:10:08,231 So this is where I'm going with this. 241 00:10:08,231 --> 00:10:11,940 People ask, are we going to lose physical money? 242 00:10:11,940 --> 00:10:15,630 My sense is we will always have among us in our communities, 243 00:10:15,630 --> 00:10:17,550 we will always have an Australian dollar, 244 00:10:17,550 --> 00:10:19,250 a Canadian dollar, an American dollar 245 00:10:19,250 --> 00:10:23,610 to exchange at the grocery store or for a tank of gas. 246 00:10:23,610 --> 00:10:28,270 But the role of that dollar is going to change. 247 00:10:28,270 --> 00:10:30,000 And there are already efforts right now-- 248 00:10:30,000 --> 00:10:34,360 the G20 met recently, this is the year 2017. 249 00:10:34,360 --> 00:10:38,070 2016, and as far back as 2008/2009, 250 00:10:38,070 --> 00:10:41,010 after the financial crisis, they've 251 00:10:41,010 --> 00:10:44,700 proposed-- the G20, the 20 most powerful economic forces 252 00:10:44,700 --> 00:10:48,090 on the Earth-- proposing a cashless society. 253 00:10:48,090 --> 00:10:49,410 So is that good or bad? 254 00:10:49,410 --> 00:10:50,940 Is it right or wrong? 255 00:10:50,940 --> 00:10:54,421 People ask me that, I say, it's all about how it's implemented. 256 00:10:54,421 --> 00:10:56,670 If it's implemented for the purpose of bringing people 257 00:10:56,670 --> 00:11:02,580 together for accountability and to honor people and the way 258 00:11:02,580 --> 00:11:05,090 that we exchange vital resources, 259 00:11:05,090 --> 00:11:06,750 it could be a very good thing. 260 00:11:06,750 --> 00:11:09,720 If it is implemented with the greed 261 00:11:09,720 --> 00:11:12,384 that we have seen in the past from large centralized banks 262 00:11:12,384 --> 00:11:13,800 and corporations-- we already know 263 00:11:13,800 --> 00:11:16,626 what that looks like because we're living in it right now. 264 00:11:16,626 --> 00:11:18,000 So ultimately, when we're talking 265 00:11:18,000 --> 00:11:20,620 about a global currency, is it going to happen? 266 00:11:20,620 --> 00:11:22,620 Well, what I can tell you, is it's already here. 267 00:11:22,620 --> 00:11:24,036 We already have a global currency. 268 00:11:24,036 --> 00:11:26,490 It's a currency very few people have heard about, 269 00:11:26,490 --> 00:11:30,630 but it's already in use between the central banks. 270 00:11:30,630 --> 00:11:32,250 It's called the SDR. 271 00:11:32,250 --> 00:11:35,460 SDR means Special Drawing Rights. 272 00:11:35,460 --> 00:11:37,860 This is a form of currency when the Federal Reserve, 273 00:11:37,860 --> 00:11:40,562 for example, gives money to the European Central Bank 274 00:11:40,562 --> 00:11:41,520 or something like that. 275 00:11:41,520 --> 00:11:44,040 This is the currency that they use. 276 00:11:44,040 --> 00:11:47,420 And because it is a solvent currency, 277 00:11:47,420 --> 00:11:51,780 it is not burdened in the way that other currencies are right 278 00:11:51,780 --> 00:11:54,630 now, including the dollar, it's being 279 00:11:54,630 --> 00:11:56,452 accepted as a global currency. 280 00:11:56,452 --> 00:11:58,410 So this is a currency that's going to be used-- 281 00:11:58,410 --> 00:12:01,980 it's already existing-- it'll be used more widespread 282 00:12:01,980 --> 00:12:05,520 and more applications is how it will be used. 283 00:12:05,520 --> 00:12:07,666 When it comes down to us and our everyday lives, 284 00:12:07,666 --> 00:12:09,540 this is what people are really interested in. 285 00:12:09,540 --> 00:12:13,020 As I mentioned, I think we'll still use our local currencies 286 00:12:13,020 --> 00:12:14,490 for the time being. 287 00:12:14,490 --> 00:12:16,620 Ultimately, I think we are moving 288 00:12:16,620 --> 00:12:18,309 toward a cashless society. 289 00:12:18,309 --> 00:12:20,850 And there have been movements that some countries are already 290 00:12:20,850 --> 00:12:24,910 taking denominations of their currency out of circulation. 291 00:12:24,910 --> 00:12:28,170 And I personally have been to businesses here 292 00:12:28,170 --> 00:12:31,110 in the United States that refuse my cash. 293 00:12:31,110 --> 00:12:34,710 I was staying at a hotel, I had an early flight-- 294 00:12:34,710 --> 00:12:37,080 I won't share the name of the hotel chain. 295 00:12:37,080 --> 00:12:39,420 I went to the front desk and I was 296 00:12:39,420 --> 00:12:42,030 trying to use credit cards as little as possible. 297 00:12:42,030 --> 00:12:44,970 And they said, we are not equipped to take your cash 298 00:12:44,970 --> 00:12:46,150 to pay for this. 299 00:12:46,150 --> 00:12:48,682 And I recently was at a restaurant 300 00:12:48,682 --> 00:12:49,640 and had the same thing. 301 00:12:49,640 --> 00:12:51,098 I didn't even think twice about it. 302 00:12:51,098 --> 00:12:52,166 I paid the man cash-- 303 00:12:52,166 --> 00:12:54,040 because I don't like to use credit cards when 304 00:12:54,040 --> 00:12:57,810 I'm traveling so much because of identity theft 305 00:12:57,810 --> 00:12:58,980 and things like that-- 306 00:12:58,980 --> 00:13:00,250 and they refused my cash. 307 00:13:00,250 --> 00:13:03,720 So this is already happening in some places. 308 00:13:03,720 --> 00:13:05,880 I want to say one more thing quickly. 309 00:13:05,880 --> 00:13:10,940 In rural communities, the idea of a cashless society 310 00:13:10,940 --> 00:13:13,650 has been around for a very long time. 311 00:13:13,650 --> 00:13:17,020 And we see these not only in the mountain states 312 00:13:17,020 --> 00:13:18,020 or in the high deserts-- 313 00:13:18,020 --> 00:13:19,730 Colorado, New Mexico, Arizona-- but I've 314 00:13:19,730 --> 00:13:21,290 seen them back east, as well. 315 00:13:21,290 --> 00:13:24,170 Barter-- and there are very formalized ways 316 00:13:24,170 --> 00:13:27,080 of doing barter where people register 317 00:13:27,080 --> 00:13:29,030 their particular skills or their talents. 318 00:13:29,030 --> 00:13:30,920 It's like a tally sheet. 319 00:13:30,920 --> 00:13:33,080 And when someone needs a roof on their house, 320 00:13:33,080 --> 00:13:35,450 the person that can do the roof goes 321 00:13:35,450 --> 00:13:37,340 and puts the roof on their house and charges 322 00:13:37,340 --> 00:13:40,070 so many-- they are called green units-- the system is you don't 323 00:13:40,070 --> 00:13:42,329 exchange them hand to hand. 324 00:13:42,329 --> 00:13:44,870 So many green units went into putting the roof on that house. 325 00:13:44,870 --> 00:13:47,450 And now someone needs a transmission in their car. 326 00:13:47,450 --> 00:13:50,090 And another person will go and the exchange 327 00:13:50,090 --> 00:13:54,140 happens on this tally sheet so that ultimately people 328 00:13:54,140 --> 00:13:56,600 are getting what they need from their neighbors 329 00:13:56,600 --> 00:14:00,560 in a sustainable way without any cash ever changing hands. 330 00:14:00,560 --> 00:14:01,850 It's very difficult to tax. 331 00:14:01,850 --> 00:14:05,540 And this is a problem where the IRS 332 00:14:05,540 --> 00:14:08,670 has as a big problem with things like this for this reason. 333 00:14:08,670 --> 00:14:11,160 So it's not a perfect system. 334 00:14:11,160 --> 00:14:13,550 But it is a system that is in place and is used commonly. 335 00:14:16,130 --> 00:14:18,680 My experience, this is what I think is happening-- in steps, 336 00:14:18,680 --> 00:14:20,545 we're moving toward a cashless society. 337 00:14:20,545 --> 00:14:21,920 These are some of the steps we'll 338 00:14:21,920 --> 00:14:24,560 go through, global currency, the devaluing 339 00:14:24,560 --> 00:14:28,100 of our local currencies, ultimately, to the point where 340 00:14:28,100 --> 00:14:30,320 we are electronic currencies. 341 00:14:30,320 --> 00:14:33,140 People ask about Bitcoin all the time. 342 00:14:33,140 --> 00:14:34,380 I'm not a Bitcoin expert. 343 00:14:34,380 --> 00:14:37,400 I'm not a big fan of Bitcoin. 344 00:14:37,400 --> 00:14:38,732 I like the idea. 345 00:14:38,732 --> 00:14:40,190 The way it was implemented, I think 346 00:14:40,190 --> 00:14:41,660 it could have been done better. 347 00:14:41,660 --> 00:14:43,160 There are some loopholes and I think 348 00:14:43,160 --> 00:14:45,110 we've all seen some of the drawbacks 349 00:14:45,110 --> 00:14:48,650 where the Bitcoin has lost value overnight 350 00:14:48,650 --> 00:14:50,900 and people lost tremendous amounts of money. 351 00:14:50,900 --> 00:14:52,880 It can be implemented I think, in a better way. 352 00:14:52,880 --> 00:14:55,200 But we're in uncharted territory. 353 00:14:55,200 --> 00:14:56,420 This is the thing. 354 00:14:56,420 --> 00:15:01,400 We are a global community in an uncharted territory forging 355 00:15:01,400 --> 00:15:03,500 our way forward, trying to do something has never 356 00:15:03,500 --> 00:15:04,644 been done before. 357 00:15:04,644 --> 00:15:05,810 And I think that's exciting. 358 00:15:05,810 --> 00:15:07,910 And I couldn't think of a more exciting time 359 00:15:07,910 --> 00:15:11,240 to be experimenting with all of these different things. 360 00:15:11,240 --> 00:15:13,130 But I think the key here is, when 361 00:15:13,130 --> 00:15:15,290 we find that something doesn't work, 362 00:15:15,290 --> 00:15:17,540 rather than clinging to it and trying 363 00:15:17,540 --> 00:15:19,949 to force a square peg in a round hole 364 00:15:19,949 --> 00:15:21,740 like we see happening in the European Union 365 00:15:21,740 --> 00:15:25,340 right now which is undergoing a change-- 366 00:15:25,340 --> 00:15:31,160 Because one policy set in one nation cannot possibly fit 367 00:15:31,160 --> 00:15:34,730 for all of the 28 nations that were involved originally 368 00:15:34,730 --> 00:15:37,040 in the European Union. 369 00:15:37,040 --> 00:15:38,900 So it's changing to reflect that. 370 00:15:38,900 --> 00:15:41,090 And I think the smart thing for us to do, 371 00:15:41,090 --> 00:15:44,090 if we have the wisdom to recognize when a system is 372 00:15:44,090 --> 00:15:48,290 no longer working, to allow the change to flow 373 00:15:48,290 --> 00:15:51,830 and to find new ways to implement what does work, 374 00:15:51,830 --> 00:15:53,900 rather than trying to cling to something that's 375 00:15:53,900 --> 00:15:56,476 not sustainable and forcing it where 376 00:15:56,476 --> 00:15:57,600 people aren't accepting it. 377 00:16:01,480 --> 00:16:04,240 People ask me all the time if I sense 378 00:16:04,240 --> 00:16:08,530 that we are heading toward a crash in the economic system, 379 00:16:08,530 --> 00:16:11,170 whether it's America's economy or whether it's 380 00:16:11,170 --> 00:16:12,910 a global economy? 381 00:16:12,910 --> 00:16:14,432 I don't know the answer to that. 382 00:16:14,432 --> 00:16:16,390 I don't know that we're heading toward a crash. 383 00:16:16,390 --> 00:16:18,355 What I do know is this the system that 384 00:16:18,355 --> 00:16:22,450 is in place right now is being stretched like a rubber band. 385 00:16:22,450 --> 00:16:23,890 And it can only stretch so far. 386 00:16:23,890 --> 00:16:26,210 Something has to give. 387 00:16:26,210 --> 00:16:28,390 Where this stretching is occurring right now 388 00:16:28,390 --> 00:16:31,420 is the debt that has been accrued. 389 00:16:31,420 --> 00:16:37,310 When a city goes bankrupt, it can be bailed out by a state. 390 00:16:37,310 --> 00:16:39,947 Or when a state goes bankrupt in the United States of America 391 00:16:39,947 --> 00:16:41,530 it's common for the federal government 392 00:16:41,530 --> 00:16:42,850 to bail out that state. 393 00:16:42,850 --> 00:16:45,220 And we've all seen that happen and we have 394 00:16:45,220 --> 00:16:46,880 a lot of experience with that. 395 00:16:46,880 --> 00:16:48,190 Here's the question. 396 00:16:48,190 --> 00:16:54,640 What happens when the debt of the nations of an entire planet 397 00:16:54,640 --> 00:16:59,110 becomes greater than the GDP, than what they are producing? 398 00:16:59,110 --> 00:17:02,230 What happens when an entire planet goes bankrupt? 399 00:17:02,230 --> 00:17:04,597 Who bails out a planet? 400 00:17:04,597 --> 00:17:06,180 I don't know the answer to that, and I 401 00:17:06,180 --> 00:17:07,089 don't know that anyone does. 402 00:17:07,089 --> 00:17:08,440 I think we're going to find out. 403 00:17:08,440 --> 00:17:12,310 Because the debt of the entire planet, 404 00:17:12,310 --> 00:17:15,970 now, is essentially-- we are a bankrupt planet. 405 00:17:15,970 --> 00:17:19,150 The major economic nations have assumed the policy 406 00:17:19,150 --> 00:17:21,700 of creating this debt. 407 00:17:21,700 --> 00:17:25,540 And the money is leveraged to such a degree, 408 00:17:25,540 --> 00:17:27,730 I think, it will be very difficult to ever 409 00:17:27,730 --> 00:17:30,280 realistically pay down the debt, including America's debt. 410 00:17:30,280 --> 00:17:34,420 I think America right now, our debt ratio is about 105%. 411 00:17:34,420 --> 00:17:37,450 Which means, we owe more than we're 412 00:17:37,450 --> 00:17:39,790 able to produce by over 5%. 413 00:17:39,790 --> 00:17:43,300 Other nations 30% and 40% over that. 414 00:17:43,300 --> 00:17:46,887 So if that were you and me, we would say that we're bankrupt 415 00:17:46,887 --> 00:17:48,970 and we wouldn't be allowed to function any longer. 416 00:17:48,970 --> 00:17:53,847 Nations continue but this debt accumulates. 417 00:17:53,847 --> 00:17:55,930 And it accumulates because of the interest that is 418 00:17:55,930 --> 00:17:57,250 owed on the debt we're paying. 419 00:17:57,250 --> 00:17:58,840 So it is an unsustainable cycle. 420 00:17:58,840 --> 00:18:00,550 Something's got to give. 421 00:18:00,550 --> 00:18:03,520 The question is, do we have a soft landing? 422 00:18:03,520 --> 00:18:08,350 Do we have leaders who are proactive and are 423 00:18:08,350 --> 00:18:13,150 willing to actually lead nations and the world 424 00:18:13,150 --> 00:18:16,150 together into a new form of economy? 425 00:18:16,150 --> 00:18:20,170 Or do we have a hard landing, do we have a crash landing 426 00:18:20,170 --> 00:18:22,270 where we wait for the system to break? 427 00:18:22,270 --> 00:18:24,640 And then we say, OK, here's what we're going to do. 428 00:18:24,640 --> 00:18:26,660 I don't know the answer to that. 429 00:18:26,660 --> 00:18:30,610 But what I know is, this is precisely the reason 430 00:18:30,610 --> 00:18:33,520 that the conversation we had a little earlier about localized 431 00:18:33,520 --> 00:18:35,200 economy is important. 432 00:18:35,200 --> 00:18:38,470 Because what we saw the last time the economy crashed 433 00:18:38,470 --> 00:18:42,130 is that localized economies are affected much, much less, 434 00:18:42,130 --> 00:18:46,300 to a lesser degree, than centralized economies. 435 00:18:46,300 --> 00:18:50,260 So to the degree that we can keep our money local-- 436 00:18:50,260 --> 00:18:52,750 and again, there are rural communities, 437 00:18:52,750 --> 00:18:54,730 northern New Mexico, Colorado I'm familiar with 438 00:18:54,730 --> 00:18:56,920 because that's my home-- 439 00:18:56,920 --> 00:18:59,410 we encourage buying locally. 440 00:18:59,410 --> 00:19:02,650 We buy our produce locally, buy our automobiles locally, 441 00:19:02,650 --> 00:19:04,765 instead of going to another city. 442 00:19:04,765 --> 00:19:06,610 And maybe we get a little bit better deal. 443 00:19:06,610 --> 00:19:08,560 We spend more money to keep the money local. 444 00:19:08,560 --> 00:19:11,980 These are the things I think that will help sustain us 445 00:19:11,980 --> 00:19:14,820 as individuals. 446 00:19:14,820 --> 00:19:16,770 The United States debt, a lot of people 447 00:19:16,770 --> 00:19:19,110 don't understand why it happened. 448 00:19:19,110 --> 00:19:20,970 We've had tremendous amounts of debt before. 449 00:19:20,970 --> 00:19:24,810 World War II, the debt we ran up was tremendous to fight a war. 450 00:19:24,810 --> 00:19:27,450 And we paid it back almost immediately. 451 00:19:27,450 --> 00:19:31,260 When citizens, you and I, we bought savings bonds. 452 00:19:31,260 --> 00:19:34,632 A savings bond was us buying a bond, 453 00:19:34,632 --> 00:19:36,340 it was loaning the government some money. 454 00:19:36,340 --> 00:19:38,730 I remember when I was a kid, for my birthday, 455 00:19:38,730 --> 00:19:41,400 my grandparents would always proudly hand me, 456 00:19:41,400 --> 00:19:43,170 here's a United States Savings Bond 457 00:19:43,170 --> 00:19:45,336 you save it until it's maturity and you put yourself 458 00:19:45,336 --> 00:19:48,040 through college, or something like that. 459 00:19:48,040 --> 00:19:48,840 But we did that. 460 00:19:48,840 --> 00:19:50,160 We paid back the debt. 461 00:19:50,160 --> 00:19:54,450 Also we levied something called an income tax, which did not 462 00:19:54,450 --> 00:19:56,644 exist prior to that time. 463 00:19:56,644 --> 00:19:58,560 So the people say, well, we paid it back then. 464 00:19:58,560 --> 00:20:00,030 Why can't we pay this debt? 465 00:20:00,030 --> 00:20:03,389 Because we already have used all of the ammunition that we have. 466 00:20:03,389 --> 00:20:04,680 We already have the income tax. 467 00:20:04,680 --> 00:20:06,950 We can't implement something we already have. 468 00:20:06,950 --> 00:20:09,247 The savings bonds, we have bonds, as well. 469 00:20:09,247 --> 00:20:11,080 They're called something a little different, 470 00:20:11,080 --> 00:20:13,800 but they're working the same way. 471 00:20:13,800 --> 00:20:16,230 And the third thing I want to say very quickly 472 00:20:16,230 --> 00:20:21,810 is up until early 1970s our currency was linked, 473 00:20:21,810 --> 00:20:26,640 it was pegged to something that was solid, tangible, and real. 474 00:20:26,640 --> 00:20:28,260 It was linked to gold. 475 00:20:28,260 --> 00:20:30,810 Gold was about $32 an ounce. 476 00:20:30,810 --> 00:20:33,330 And every dollar that we held in our hand 477 00:20:33,330 --> 00:20:36,810 was a paper representation, a convenient way 478 00:20:36,810 --> 00:20:39,369 of using that gold rather than carrying heavy gold around 479 00:20:39,369 --> 00:20:40,410 or silver in your pocket. 480 00:20:40,410 --> 00:20:42,870 You'd say, this piece of paper represents that. 481 00:20:42,870 --> 00:20:45,760 And it actually said, a Silver Certificate on the dollar bill, 482 00:20:45,760 --> 00:20:48,960 or we knew that dollars were back in gold. 483 00:20:48,960 --> 00:20:53,400 1971, President Nixon de-coupled the US dollar 484 00:20:53,400 --> 00:20:55,920 from the gold standard. 485 00:20:55,920 --> 00:21:01,440 So that meant that we could begin printing more money 486 00:21:01,440 --> 00:21:04,140 than the gold could back. 487 00:21:04,140 --> 00:21:06,750 And this is where we started getting into trouble. 488 00:21:06,750 --> 00:21:11,380 This is where the debt and the inflation actually began. 489 00:21:11,380 --> 00:21:14,080 So there are proposals now to go back 490 00:21:14,080 --> 00:21:15,790 to some kind of a gold standard. 491 00:21:15,790 --> 00:21:17,950 Whether that happens or not, I don't know. 492 00:21:17,950 --> 00:21:22,000 China is amassing tremendous amounts of gold 493 00:21:22,000 --> 00:21:23,830 to give them financial credibility. 494 00:21:23,830 --> 00:21:25,480 And they'd like to go to gold standard. 495 00:21:25,480 --> 00:21:27,580 India is doing the same thing. 496 00:21:27,580 --> 00:21:29,900 Russia is doing the same thing. 497 00:21:29,900 --> 00:21:32,110 So there is a movement we're seeing 498 00:21:32,110 --> 00:21:34,450 in the markets of nations amassing 499 00:21:34,450 --> 00:21:36,490 tremendous amounts of gold, presumably 500 00:21:36,490 --> 00:21:38,110 so that they can peg their currencies 501 00:21:38,110 --> 00:21:41,440 to this tangible asset once again 502 00:21:41,440 --> 00:21:44,770 and maybe get this debt under control for a soft landing. 503 00:21:44,770 --> 00:21:48,160 We'll keep our eyes peeled and see what happens. 504 00:21:48,160 --> 00:21:52,690 But this is where it looks like we're going with all of this. 505 00:21:52,690 --> 00:21:55,210 I think it's obvious to anyone who 506 00:21:55,210 --> 00:21:56,679 is in any way engaged in the world 507 00:21:56,679 --> 00:21:58,720 that we are, in fact, living in time of extremes. 508 00:21:58,720 --> 00:22:01,570 And those extremes are touching every facet of our lives. 509 00:22:01,570 --> 00:22:04,360 And the question that comes up so many times-- and that I ask, 510 00:22:04,360 --> 00:22:06,280 myself, constantly-- 511 00:22:06,280 --> 00:22:07,570 how do we keep positive? 512 00:22:07,570 --> 00:22:10,780 I mean, how do we keep a positive outlook 513 00:22:10,780 --> 00:22:14,380 and live our lives in a meaningful, productive way, 514 00:22:14,380 --> 00:22:16,650 in a useful way, every day of our lives, 515 00:22:16,650 --> 00:22:18,649 knowing that all these things are happening? 516 00:22:18,649 --> 00:22:20,440 That's one of the reasons that I've created 517 00:22:20,440 --> 00:22:22,000 "Missing Links" for you. 518 00:22:22,000 --> 00:22:23,980 Because I want you to know why I'm 519 00:22:23,980 --> 00:22:25,660 optimistic about our future. 520 00:22:25,660 --> 00:22:28,240 I've never been more optimistic about my nation, the United 521 00:22:28,240 --> 00:22:30,777 States, your nation, all nations, the world, our future. 522 00:22:30,777 --> 00:22:32,110 I've never been more optimistic. 523 00:22:32,110 --> 00:22:33,980 And here's the reason why. 524 00:22:33,980 --> 00:22:36,130 Because, we now know what doesn't work. 525 00:22:36,130 --> 00:22:37,180 We know what's broken. 526 00:22:37,180 --> 00:22:39,700 We know what's not sustainable, on the one hand. 527 00:22:39,700 --> 00:22:41,151 And on the other hand, we already 528 00:22:41,151 --> 00:22:43,650 have all the solutions to all the big problems in the world. 529 00:22:43,650 --> 00:22:45,250 They already exist. 530 00:22:45,250 --> 00:22:49,570 We don't have to get all of the leaders of the corporations 531 00:22:49,570 --> 00:22:52,390 and the politicians and the spiritual 532 00:22:52,390 --> 00:22:54,880 and the religious leaders and scientists and engineers 533 00:22:54,880 --> 00:22:57,280 and the technological people together in a room 534 00:22:57,280 --> 00:22:59,110 and say, OK, figure this out, because we 535 00:22:59,110 --> 00:23:00,700 did that in the 20th century. 536 00:23:00,700 --> 00:23:03,850 We have all the solutions to all the big problems. 537 00:23:03,850 --> 00:23:05,350 We have all the food we need to feed 538 00:23:05,350 --> 00:23:07,600 every mouth of every child, every woman, every man 539 00:23:07,600 --> 00:23:09,430 on the face of the Earth. 540 00:23:09,430 --> 00:23:12,580 We have the ability to create energy, 541 00:23:12,580 --> 00:23:16,540 free energy with zero greenhouse gases and no fossil fuels. 542 00:23:16,540 --> 00:23:18,730 And we've had that for over 60 years. 543 00:23:18,730 --> 00:23:21,550 We've already determined that we know 544 00:23:21,550 --> 00:23:24,560 how to build an economy based upon sharing and cooperation. 545 00:23:24,560 --> 00:23:27,850 Which is very different from an economy of competition 546 00:23:27,850 --> 00:23:31,060 and scarcity where one person has what other people need 547 00:23:31,060 --> 00:23:32,437 and they leverage that. 548 00:23:32,437 --> 00:23:34,270 It's a very, very different way of thinking. 549 00:23:34,270 --> 00:23:35,830 We already have all of these things. 550 00:23:35,830 --> 00:23:37,512 Here's what's lacking. 551 00:23:37,512 --> 00:23:39,970 People say to me, if we've got all this stuff, where is it? 552 00:23:39,970 --> 00:23:41,650 Why don't we see it now? 553 00:23:41,650 --> 00:23:43,960 We're lacking the leadership that 554 00:23:43,960 --> 00:23:49,060 makes it a priority to implement these things in our world. 555 00:23:49,060 --> 00:23:52,990 We're lacking the leadership that makes it a priority 556 00:23:52,990 --> 00:23:56,830 to bring into our lives what already exists in the world. 557 00:23:56,830 --> 00:24:00,040 These things-- they already exist 558 00:24:00,040 --> 00:24:02,770 and they're waiting to be implemented-- however, 559 00:24:02,770 --> 00:24:04,390 we have leadership. 560 00:24:04,390 --> 00:24:06,370 And I'm not saying it's the fault of any one 561 00:24:06,370 --> 00:24:07,420 person or any nation. 562 00:24:07,420 --> 00:24:09,590 I'm saying this is a way of thinking. 563 00:24:09,590 --> 00:24:12,160 And I think many of us as individuals are guilty of this, 564 00:24:12,160 --> 00:24:13,510 as well. 565 00:24:13,510 --> 00:24:16,540 Because no one in the media-- 566 00:24:16,540 --> 00:24:20,800 the media, typically, has never acknowledged that we're 567 00:24:20,800 --> 00:24:22,630 going through this big change. 568 00:24:22,630 --> 00:24:27,250 And so it's important for the media to say at some point, 569 00:24:27,250 --> 00:24:31,370 the world has changed and we're living a new normal. 570 00:24:31,370 --> 00:24:34,150 So without having said that, so many 571 00:24:34,150 --> 00:24:36,730 of us, consciously and subconsciously, 572 00:24:36,730 --> 00:24:40,120 are waiting for things to get back to normal. 573 00:24:40,120 --> 00:24:42,400 We're seeing these extremes as a little speed 574 00:24:42,400 --> 00:24:44,500 bump in the road of life and we're 575 00:24:44,500 --> 00:24:46,430 waiting for things to settle down, 576 00:24:46,430 --> 00:24:49,450 we're waiting for the dust to settle. 577 00:24:49,450 --> 00:24:51,490 The speed bump is the new normal. 578 00:24:51,490 --> 00:24:54,580 Volatility is the name of the game for our lifetimes 579 00:24:54,580 --> 00:24:56,830 and probably our children's lifetimes, 580 00:24:56,830 --> 00:25:00,220 because we're living the transition of a global society. 581 00:25:00,220 --> 00:25:01,550 It doesn't mean it's bad. 582 00:25:01,550 --> 00:25:06,850 It just means if we are clinging to the ideas, the old ideas 583 00:25:06,850 --> 00:25:10,030 of a world that used to be and were waiting for things to get 584 00:25:10,030 --> 00:25:15,280 back to normal, there's no room, emotionally, psychically, 585 00:25:15,280 --> 00:25:19,420 there's no room to embrace the new world that's already here. 586 00:25:19,420 --> 00:25:21,520 And think about this in your own life. 587 00:25:21,520 --> 00:25:23,470 Think about this with a relationship. 588 00:25:23,470 --> 00:25:27,010 If you are filled to the brim with the love 589 00:25:27,010 --> 00:25:31,270 and the passion of a new romance, 590 00:25:31,270 --> 00:25:35,290 there is no room to entertain another romance 591 00:25:35,290 --> 00:25:38,995 because you're wired for the one that's present in your life. 592 00:25:38,995 --> 00:25:42,340 Now I'm using that as an example because, in many respects, 593 00:25:42,340 --> 00:25:45,460 the romance that we've had with the world of the past, 594 00:25:45,460 --> 00:25:47,860 if we are filled to the brim with expecting 595 00:25:47,860 --> 00:25:49,990 the climate, the weather to behave a certain way, 596 00:25:49,990 --> 00:25:51,531 for spring to start on a certain day, 597 00:25:51,531 --> 00:25:53,320 the rain to come in a certain time, 598 00:25:53,320 --> 00:25:56,860 for the economy to move within certain boundaries, 599 00:25:56,860 --> 00:26:00,070 if we're waiting for that world, that world is gone. 600 00:26:00,070 --> 00:26:03,724 And the new world now is this world of volatility. 601 00:26:03,724 --> 00:26:05,140 But the volatility is where we can 602 00:26:05,140 --> 00:26:06,970 embrace the new discoveries. 603 00:26:06,970 --> 00:26:08,590 Bring in the new economy. 604 00:26:08,590 --> 00:26:10,070 Bring in the new forms of energy. 605 00:26:10,070 --> 00:26:11,204 Bring in the new jobs. 606 00:26:11,204 --> 00:26:12,620 Bring in the new forms of healing. 607 00:26:12,620 --> 00:26:14,660 Bring in the new forms of communication. 608 00:26:14,660 --> 00:26:16,550 It's all, already there. 609 00:26:16,550 --> 00:26:20,900 We lack the leadership that is willing to make it a priority 610 00:26:20,900 --> 00:26:26,090 to bring these beautiful, beautiful, amazing, powerful 611 00:26:26,090 --> 00:26:29,450 discoveries to the people of the Earth to give us 612 00:26:29,450 --> 00:26:33,830 the quality, the healthy lives, the quality of life 613 00:26:33,830 --> 00:26:35,510 that we all know is possible. 614 00:26:35,510 --> 00:26:37,250 So within that quality of life we 615 00:26:37,250 --> 00:26:42,330 can thrive, create, innovate, and bring to the world 616 00:26:42,330 --> 00:26:43,280 our heart's desire. 617 00:26:43,280 --> 00:26:45,620 And that's the world we all know is possible. 618 00:26:45,620 --> 00:26:47,780 So what does that mean for us? 619 00:26:47,780 --> 00:26:50,480 As long as we live in communities, or nations 620 00:26:50,480 --> 00:26:54,890 or societies where we choose to elect people to represent us, 621 00:26:54,890 --> 00:26:57,440 it's incumbent upon us to hold those elected 622 00:26:57,440 --> 00:26:59,900 officials accountable to represent 623 00:26:59,900 --> 00:27:01,160 our views and our values. 624 00:27:01,160 --> 00:27:04,200 And when they don't, we need to let them know about that. 625 00:27:04,200 --> 00:27:06,680 So this is where the process all come into play. 626 00:27:06,680 --> 00:27:08,526 It brings in a lot of ideas and it 627 00:27:08,526 --> 00:27:11,150 touches on a lot of things I am very passionate about because I 628 00:27:11,150 --> 00:27:13,590 know the world that's possible. 629 00:27:13,590 --> 00:27:15,110 And we're right there. 630 00:27:15,110 --> 00:27:17,640 We're just, mm, we're right there. 631 00:27:17,640 --> 00:27:19,470 And we're going to see it in this lifetime. 632 00:27:19,470 --> 00:27:21,120 And I vote for a soft landing. 633 00:27:24,940 --> 00:27:27,910 So when people ask me about where we 634 00:27:27,910 --> 00:27:29,390 are in this time in history-- 635 00:27:29,390 --> 00:27:32,170 and many people have literally asked me, 636 00:27:32,170 --> 00:27:36,730 how do we get out of this mindset of scarcity? 637 00:27:36,730 --> 00:27:39,480 This is one of those places where the answer is 638 00:27:39,480 --> 00:27:43,240 in the question, because the idea of scarcity 639 00:27:43,240 --> 00:27:46,840 is nothing more, nothing less than a mindset. 640 00:27:46,840 --> 00:27:48,670 It doesn't exist in the world, it 641 00:27:48,670 --> 00:27:50,290 exists in our perception of what we're 642 00:27:50,290 --> 00:27:52,331 willing to accept in the world. 643 00:27:52,331 --> 00:27:53,830 Perhaps more importantly, what we're 644 00:27:53,830 --> 00:27:55,870 willing to accept of ourselves. 645 00:27:55,870 --> 00:27:59,350 Every one of us is a being that needs to create, 646 00:27:59,350 --> 00:28:03,400 to express in our lives, in our world in some way. 647 00:28:03,400 --> 00:28:05,170 Our creations and our expressions 648 00:28:05,170 --> 00:28:09,100 are the fuel that give meaning to our lives 649 00:28:09,100 --> 00:28:11,860 and contribute in a meaningful way to our society 650 00:28:11,860 --> 00:28:13,600 and to our economy if we're talking 651 00:28:13,600 --> 00:28:15,310 about that specifically. 652 00:28:15,310 --> 00:28:17,380 So when people have asked me, I have never 653 00:28:17,380 --> 00:28:20,530 felt a scarcity in my life. 654 00:28:20,530 --> 00:28:25,180 Although, when I was young, my father left our family. 655 00:28:25,180 --> 00:28:26,050 We were broke. 656 00:28:26,050 --> 00:28:26,850 We were in debt. 657 00:28:26,850 --> 00:28:29,110 That means you're broke and beyond broke. 658 00:28:29,110 --> 00:28:32,019 We were so in debt, we lived in government subsidized housing. 659 00:28:32,019 --> 00:28:34,060 We moved every year, I went to a different school 660 00:28:34,060 --> 00:28:37,420 in some really rough neighborhoods. 661 00:28:37,420 --> 00:28:40,990 I never felt that idea of scarcity, 662 00:28:40,990 --> 00:28:43,420 because I always had the opportunity 663 00:28:43,420 --> 00:28:46,880 to make my life better. 664 00:28:46,880 --> 00:28:49,270 I always had the opportunity to find some way 665 00:28:49,270 --> 00:28:53,290 to contribute doing something that would benefit someone else 666 00:28:53,290 --> 00:28:55,420 and benefit me, as well. 667 00:28:55,420 --> 00:28:57,100 And I think this is the key. 668 00:28:57,100 --> 00:29:01,450 If we're relying upon our sense of abundance, 669 00:29:01,450 --> 00:29:03,460 if we rely upon the external world 670 00:29:03,460 --> 00:29:07,780 to give that to us emotionally and psychically, 671 00:29:07,780 --> 00:29:10,430 it will show up in our physical world. 672 00:29:10,430 --> 00:29:13,360 So if we're relying on the outer world 673 00:29:13,360 --> 00:29:18,670 for our sense of well-being, for our abundance, 674 00:29:18,670 --> 00:29:22,570 and if we believe that it is a right for us to have it, 675 00:29:22,570 --> 00:29:24,760 we will be disappointed continuously. 676 00:29:24,760 --> 00:29:27,100 Because the universe doesn't see it as a right, 677 00:29:27,100 --> 00:29:29,980 it's an opportunity to create for ourselves. 678 00:29:29,980 --> 00:29:34,000 And when we recognize, when we perceive the abundance 679 00:29:34,000 --> 00:29:35,470 that is already present-- 680 00:29:35,470 --> 00:29:37,420 it's not just about money. 681 00:29:37,420 --> 00:29:39,070 Money is simply an energy and we're 682 00:29:39,070 --> 00:29:40,810 talking about energy here-- 683 00:29:40,810 --> 00:29:42,700 when we begin to see the abundance 684 00:29:42,700 --> 00:29:45,610 that we have in our lives-- 685 00:29:45,610 --> 00:29:47,020 people say, count your blessings. 686 00:29:47,020 --> 00:29:49,750 And I give thanks of gratitude the last thing 687 00:29:49,750 --> 00:29:51,730 before I go to sleep every night. 688 00:29:51,730 --> 00:29:54,115 I give thanks for the day that has been 689 00:29:54,115 --> 00:29:56,320 and the day that has yet to be. 690 00:29:56,320 --> 00:29:58,570 The day that has been, I will go through 691 00:29:58,570 --> 00:30:01,390 the highlights and important things and the people 692 00:30:01,390 --> 00:30:03,580 and what they shared with me. 693 00:30:03,580 --> 00:30:05,230 How they made me feel. 694 00:30:05,230 --> 00:30:07,480 What they offered me in their stories. 695 00:30:07,480 --> 00:30:10,977 What they offered me in the ways that we've collaborated 696 00:30:10,977 --> 00:30:11,810 and worked together. 697 00:30:11,810 --> 00:30:14,050 I give thanks for every one of those things. 698 00:30:14,050 --> 00:30:16,510 And then I give thanks for the day that is yet to be. 699 00:30:16,510 --> 00:30:21,820 The day that will dawn when I awake is full. 700 00:30:21,820 --> 00:30:24,970 It is ripe, it is pregnant with possibilities. 701 00:30:24,970 --> 00:30:26,830 And every one of those is a potential. 702 00:30:26,830 --> 00:30:29,000 Abundance is a consciousness. 703 00:30:29,000 --> 00:30:30,520 It's a state of being. 704 00:30:30,520 --> 00:30:32,740 And my experience is, as we embrace 705 00:30:32,740 --> 00:30:40,630 that on the emotional level and receive the abundance that 706 00:30:40,630 --> 00:30:44,620 is offered to us in so many ways every day, 707 00:30:44,620 --> 00:30:48,760 that shows up in our economic and our financial lives, 708 00:30:48,760 --> 00:30:49,560 as well. 709 00:30:49,560 --> 00:30:50,800 It has to. 710 00:30:50,800 --> 00:30:53,470 And that's different than simply going out and saying, 711 00:30:53,470 --> 00:30:55,420 I need to make money. 712 00:30:55,420 --> 00:30:57,760 Because that comes from a place of lack saying, 713 00:30:57,760 --> 00:30:59,230 I don't have any. 714 00:30:59,230 --> 00:31:01,090 And this is where I find people that 715 00:31:01,090 --> 00:31:02,629 have the greatest unhappiness. 716 00:31:02,629 --> 00:31:04,420 Because they'll always compare what they're 717 00:31:04,420 --> 00:31:06,730 doing to others around them and they'll 718 00:31:06,730 --> 00:31:09,130 always see themselves as less than. 719 00:31:09,130 --> 00:31:12,580 Perfect example-- I just had someone recently say to me, 720 00:31:12,580 --> 00:31:14,110 don't you think it should be illegal 721 00:31:14,110 --> 00:31:16,830 for people like Bill Gates to make the money 722 00:31:16,830 --> 00:31:18,287 that he has made? 723 00:31:18,287 --> 00:31:20,620 And I surprise him with the answer and my answer was no. 724 00:31:20,620 --> 00:31:22,990 I don't think that and here's the reason why. 725 00:31:22,990 --> 00:31:24,320 Bill Gates is a brilliant man. 726 00:31:24,320 --> 00:31:27,070 He had an idea that changed the planet. 727 00:31:27,070 --> 00:31:29,972 And he fought to implement that idea 728 00:31:29,972 --> 00:31:31,180 when it wasn't well-received. 729 00:31:31,180 --> 00:31:32,554 And I was working in the industry 730 00:31:32,554 --> 00:31:34,180 when this was all happening. 731 00:31:34,180 --> 00:31:36,550 He has empowered hundreds and hundreds 732 00:31:36,550 --> 00:31:38,110 of thousands of people. 733 00:31:38,110 --> 00:31:39,280 Is he a wealthy man? 734 00:31:39,280 --> 00:31:40,080 Yes. 735 00:31:40,080 --> 00:31:44,170 And he has created hundreds of other wealthy people, given 736 00:31:44,170 --> 00:31:47,560 people jobs, new technologies have spun off from the idea 737 00:31:47,560 --> 00:31:48,550 that one man had. 738 00:31:48,550 --> 00:31:52,160 Why would I ever want to limit his abundance? 739 00:31:52,160 --> 00:31:54,880 The same thing with Facebook, the founder of Facebook. 740 00:31:54,880 --> 00:31:57,100 Same thing with the founder of Amazon. 741 00:31:57,100 --> 00:31:59,710 There is a list of the wealthiest people in the world. 742 00:31:59,710 --> 00:32:03,430 In no way do I think those people 743 00:32:03,430 --> 00:32:06,670 should have been limited when it comes to them expressing 744 00:32:06,670 --> 00:32:08,860 their potential in the past. 745 00:32:08,860 --> 00:32:12,040 When it comes to the nuts and bolts of tax laws and things 746 00:32:12,040 --> 00:32:14,120 like that, it's a whole different story. 747 00:32:14,120 --> 00:32:16,870 But the principle of what has happened with them is they 748 00:32:16,870 --> 00:32:19,690 were inspired, just like you and I. 749 00:32:19,690 --> 00:32:22,780 And they took that inspiration and they made it 750 00:32:22,780 --> 00:32:24,600 into something real. 751 00:32:24,600 --> 00:32:27,150 And that reality has changed our planet. 752 00:32:27,150 --> 00:32:28,260 You can do that. 753 00:32:28,260 --> 00:32:29,250 I can do that. 754 00:32:29,250 --> 00:32:30,780 Together we can do it. 755 00:32:30,780 --> 00:32:32,700 And when we begin looking at things this way, 756 00:32:32,700 --> 00:32:40,090 the idea of scarcity simply becomes obsolete. 757 00:32:40,090 --> 00:32:43,860 So as we come to the close of this episode, 758 00:32:43,860 --> 00:32:49,110 if there was a single word that I could offer to you my viewing 759 00:32:49,110 --> 00:32:54,420 audience that would embody my sense for everything that we've 760 00:32:54,420 --> 00:32:57,120 talked about that could give us that sense of security 761 00:32:57,120 --> 00:32:58,890 in a world of volatility and uncertainty, 762 00:32:58,890 --> 00:33:00,130 what would that be? 763 00:33:00,130 --> 00:33:02,130 And when I ask myself the same question, 764 00:33:02,130 --> 00:33:04,920 the word that comes to me just like that is honesty. 765 00:33:04,920 --> 00:33:08,310 I think it's important that we are honest with ourselves, 766 00:33:08,310 --> 00:33:11,400 about the world that's at our doorstep, about what we're up 767 00:33:11,400 --> 00:33:13,890 against, individually and collectively. 768 00:33:13,890 --> 00:33:17,650 Honest, truthful, and factual about what the new discoveries 769 00:33:17,650 --> 00:33:18,450 are showing-- 770 00:33:18,450 --> 00:33:20,880 and that's why I've created "Missing Links." 771 00:33:20,880 --> 00:33:23,460 And honest with ourselves about what 772 00:33:23,460 --> 00:33:27,260 it takes to implement this new world. 773 00:33:27,260 --> 00:33:29,280 I am optimistic and I'm also a realist. 774 00:33:29,280 --> 00:33:32,010 I'm under no illusion that it takes a lot of work 775 00:33:32,010 --> 00:33:36,240 to shift the thinking within a single generation of how we've 776 00:33:36,240 --> 00:33:38,430 lived our lives and what money means to us 777 00:33:38,430 --> 00:33:42,630 and what savings and retirement and education and energy 778 00:33:42,630 --> 00:33:44,010 and all those things mean. 779 00:33:44,010 --> 00:33:45,710 It's all changing right now. 780 00:33:45,710 --> 00:33:48,960 I think it's exciting but it takes work. 781 00:33:48,960 --> 00:33:52,350 And as I've mentioned previously in this episode, 782 00:33:52,350 --> 00:33:54,330 the prophet Kahlil Gibran said to us, 783 00:33:54,330 --> 00:33:56,220 "work is our love made visible." 784 00:33:56,220 --> 00:33:58,950 It takes a lot of work to change the way we think. 785 00:33:58,950 --> 00:34:00,440 I think we're worth it. 786 00:34:00,440 --> 00:34:02,560 And I think this world is worth it. 787 00:34:02,560 --> 00:34:04,830 And I think it's worth the work that goes into it. 788 00:34:04,830 --> 00:34:07,222 Because that work is our way of loving ourselves. 789 00:34:07,222 --> 00:34:09,180 And loving the world, is our love made visible. 790 00:34:13,080 --> 00:34:16,430 [THEME MUSIC] 60804

Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.