What do the recent wave of refugees from Ceuta, the conflicts in the Middle East, a massive energy crisis, runaway
inflation, a collapsing financial system, “15-minute cities,” and other hot-button issues have in common?
You'll find out in this fascinating interview with Ernst Wolff.
While many people view current crises and events with horror and concern, financial and economic analyst Ernst Wolff
repeatedly draws his audience’s attention to the underlying causes and commonalities of all these events.
In times of escalating multiple crises, we need people more than ever who can “recognize connections and
patterns and really think things through to their conclusion.”
Hello, everyone. Today we have Ernst Wolff as our guest. Thank you very much for your time.
Thank you for the invitation.
I'd be happy to. And what do you think about the border breach in Ceuta?
I think this is a very successful maneuver by intelligence agencies and Zionist
billionaires pulling the strings behind the scenes.
Well, the whole thing obviously involved a lot of extensive, long-term preparation, which we knew nothing about.
So, first, let's take a quick look at the geography of Ceuta.
Ceuta is an enclave. The territory belongs to Spain but is surrounded by Morocco on the
North African mainland, just like Melilla.
So those are the two enclaves that are actually located on Moroccan territory—that is, in North Africa—but belong to Spain.
And then there's also Western Sahara, which is also very important in this context. It's located between Morocco and Mauritania.
It's a country that doesn't really belong to anyone right now. There's a liberation organization, the
Polisario Front, that claims the country for itself.
Then Algeria also lays claim to the land. So there are quite a few conflicts there.
And here's what happened: In 2020, Donald Trump signed the Abraham Accords.
This is an agreement between Israel and Islamic countries, supposedly to bring about peace there.
In reality, this agreement involves military and technical cooperation—particularly in the cyber domain.
So this agreement was signed in 2020 between Israel, Bahrain, and the United Arab Emirates, with Morocco and Sudan joining later.
So, there is an agreement between Morocco and Israel on joint military cooperation and collaboration in the digital sphere.
Then, in April of this year, a military agreement—designed to last ten years—was signed between the United States and Morocco.
What is interesting is that Morocco currently sources 60% of its weapons from the United States.
Israel imports approximately 67 to 69 percent of its weapons. So it is a major buyer of American weapons.
And following that agreement in April of this year, the Moroccan government was so grateful to the
U.S. that it named a highway after Donald Trump.
So, there's a 1,000-kilometer-long highway in Morocco called the Donald Trump Highway.
Well, there was a whole lot of preparation going on behind the scenes. And then, of course, there was the war with Iran.
And during the Iran War, Spain did not allow the Americans to use its air bases—so it effectively became a target of the U.S.
And, of course, the U.S. and Israel want to get back at Spain. So what have they done now?
They staged this refugee crisis because no one in the world would believe that 60,000 people could suddenly
gather together within six hours and climb over the borders.
So the whole thing was planned very strategically, and this is a very clear blow.
And it's important to keep in mind that this isn't really about a conflict between
Morocco and Spain, or between the U.S. and Israel.
The goal is to distract people—the global public—from the biggest fraud ever perpetrated in the financial system.
Just yesterday, we heard U.S. Treasury Secretary Scott Bessent say, "We are close to finalizing a deal with Iran."
And immediately, the price of oil plummeted again, and a few billionaires made a great, great deal of money once more.
And we are facing a massive catastrophe—a massive financial and economic catastrophe.
And, of course, people need to be given someone to blame—and migrants are presented to them as
the culprits. That’s the whole story behind it.
I've seen a lot of interviews there, too—with migrants and journalists.
And they also said—in fact, they said: “Yes, the borders are open now. Go, go, go! Go on through!”
And that's why, so to speak, all of a sudden they were all done. And then, a few days later,
they said, "Come back, my children, come back!"
And that's the thing—but they don't even realize it themselves. I mean, I also find it so
disturbing how people are basically used like chess pieces.
So: “You guys go over there now and have a better life.” “Oh yeah, we’ll go over there.”
And then something like this: “Come back, I was just kidding.” “Okay, okay.”
The sad thing is, the whole thing has served its purpose.
So, everyone was getting all worked up about immigrants again.
Everyone in Europe is terrified of the next wave of migration, which is bound to happen.
And everyone will then be conditioned to say, “Well, actually, it’s not the people on Wall Street and at all the stock
exchanges who are responsible for our plight—it’s the migrants.”
And that, of course, gives these ultra-rich billionaires behind the scenes free rein.
Why do you think the reports end up being so different?
Well, the public media reported it like this: They found the only two women and used that to show that the poor things had swum so
far—even though you could see in the footage that they’d swum maybe 130 meters—all for the sake of a finally
better life, and now they’re being treated so badly by Spain.
Yeah, no, nothing other than what I just said. So people are being pitted against each other.
So, on the one hand, there are people for whom it's absolutely crystal clear that migrants are the worst thing there is.
They're calling for remigration, just like the AfD, which will of course jump at the chance.
And so they'll pretend that everything will be much better if we send all the migrants back home.
On the other hand, there are people who feel great sympathy for the plight of these people, because, of
course, many of them want to come here simply out of poverty.
And when there are major famines, it is, of course, a human catastrophe of unimaginable proportions.
But how can you better pit people against each other by reporting the news the way ARD and Tagesschau do, for example?
That's right. I would also say that, fundamentally, the solution to this problem is to address the issue in the
country where war or famine is being deliberately provoked, so that people there can live in peace.
Yes, if, for example, the U.S. were interested in seeing Morocco fare better, then they wouldn’t intervene in that sort of way or
enter into any defense alliances with Morocco; instead, they would ensure that the Moroccan government doesn’t buy
weapons, but rather makes sure that people are properly fed.
[…] In the case of Ceuta—where, as you know, we have a somewhat left-leaning
government—the fight is now turning against the left.
The leftists are the ones who want to let all the refugees in. The argument here is that another attack has
happened, so we have to take action against the right.
But all the people on the right say it's the left's fault, because they're the ones
responsible for the migrants coming here right now.
Wonderful. This way, they've pitted both sides against each other and can move forward with their agenda, further impoverishing and
enslaving people and leading them into a digital dictatorship.
[…] And there are, after all, plenty of projects in Germany that need to be tackled.
And instead of solving them, we end up with, for example, this pension reform, which essentially means that the
option to retire at 63, for instance, is about to be eliminated.
Um, what do you think about that? I mean, working more but getting paid less.
This shows the cold-blooded cynicism of our times, because people are making money on the stock markets like never before.
Billionaires around the world are getting richer and richer, and then the poor—specifically the poorest, the most vulnerable
segment of the population, those least able to defend themselves, the retirees—are told,
“Listen, we have to cut back on your benefits now.”
Well, that shows the direction things are heading in.
So, things aren't going to get any better; instead, social inequality—which I believe is the biggest
problem in the world right now—will continue, alongside all the wars that are being waged.
But this social inequality is being driven further and further to the extreme.
And above all, you see that it’s being debated on one side, and then on the other side, people say:
"Oh, can we loosen the debt brake just a little bit? We're going to come up with a
little more money," but not just so you can say:
"Okay, first I need to revamp the system and bring in real workers again so that everything works properly once more."
No, you say, “We’re cutting costs at your expense.” Nothing will change there; nothing will get better.
"And on the other hand, we're taking on more debt, and then we're throwing that money at Ukraine."
Yes, unfortunately, people forget very quickly.
Well, the debt brake has been relaxed—in fact, just before Mr. Merz became Chancellor, he made sure that
the debt brake would be suspended for defense spending.
So, they just casually came up with a hundred billion.
When it comes to retirees, every single million is scrutinized three times over, and in the end,
the retirees end up getting less than they used to.
Yes. And the next issue, for example—there are a lot of reports that the natural gas storage facilities are
unusually empty. What do you think we can expect here?
Yes, that is, that is a fact, and it doesn't just apply to Germany—it applies to every country in the world.
Strategic oil reserves have been targeted everywhere.
They have now reached a record low—one that hasn't been seen in 40 to 45 years.
And as we can see, the Strait of Hormuz is still blocked. So, we're being fed new lies every day.
At the same time, however, we are finding that we are no longer being informed at all about important events in the Middle
East—such as the fact that the world’s largest oil refinery, located in Saudi Arabia, was severely damaged in a drone attack.
There haven't been any further reports on that. We haven't heard anything about it.
So, steps are being taken quite systematically to ensure that there is less and less
oil and less and less natural gas available.
And that shows me that we are being deliberately and intentionally driven into a massive energy crisis, which will lead to price
increases across the board, because all prices depend on energy.
And to me, that's a deliberate strategy to fuel inflation. We're living in an era of record-high debt.
The U.S., in particular, has reached an all-time high in debt. And how can debt be eliminated? By causing inflation.
And I believe that we are currently facing runaway inflation, which may turn into hyperinflation, and that, in the
context of this hyperinflation, new money may then be introduced in the form of CBDCs—that is, digital central bank money.
So, in my view, we are facing an autumn that will bring about a truly, truly massive—a truly massive—upheaval.
You can really see that it's not just like that in Germany.
For example, during our last conversation, we also talked about Russia, which is also going through a gasoline crisis.
This is a global phenomenon right now.
Well, the thing is, you can't just look to the governments. Governments are nothing more than puppets.
Mr. Putin is nothing more than a puppet of the Russian oligarchs, who are interested only in
their own wealth and in expanding their own power.
It may well be that Mr. Putin will eventually be ousted.
I'm actually quite certain that Donald Trump will be dropped soon, too.
You just have to look at how his vice president is increasingly distancing himself from him.
Well, it's interesting that J.D. Vance is almost never present at any of these press conferences.
It's always Marco Rubio, and lately either Mr. Hegseth or Mr. Bessent next to him, but J.D. Vance never appears.
Well, I think Donald Trump will have played out his role there sooner or later, and that he'll then be made the
scapegoat, along with his entire family, because they've so obviously enriched themselves recently.
Then people will be told, “He led you astray. We’re moving on now,” and then they’ll follow some other leader.
But can you really imagine that everyone who actually has something to say is all looking in the same direction?
So, like you said, the Russian oligarchs are causing an energy crisis—at the same time in Germany, at the same time in the U.S.,
and—I mean, really, you wouldn’t say—and in China, for example—and you wouldn’t say something like: “Nope, well, we’re going
to do the opposite,” or “We’ll be the ones who, in the end…”
They're not stupid. They know full well that the global financial system is on its last legs.
So, we have the largest mountain of debt in history. There is the largest money supply in history.
There, there are no longer any normal ways to save this system. Everyone knows that.
And right now, we are witnessing the total and absolute plundering of this system, which all insiders know is about to collapse.
That's the background to everything that's happening right now. And, of course, they all agree on that.
Of course, they also have different interests and are always trying to take a piece of each other's pie. That's undisputed.
But there is this fundamental concern—and this fundamental concern, as well as the basic understanding—that
our financial system, as it has functioned for several hundred years, is no longer working at the moment.
And what do you think will happen next with the war in Iran?
Well, that's the situation, of course—it has to be made worse somehow. That means—
– Yes, things are actually getting worse right now.
It's also interesting to note that this Ceuta conflict is somewhat related to this, since
Ceuta is located on the Strait of Gibraltar.
The Strait of Gibraltar is a strait between the Atlantic Ocean and the Mediterranean Sea.
That's where all the weapons pass through. I mean, all the weapons that the Americans not only send to
Morocco but also forward to Israel—they all go through there.
Well, that's also a very important road, and a large portion of trade passes through there.
So, if an open conflict were to break out there, it would further exacerbate the global economic situation.
And as we can see, nothing at all is happening in the Strait of Hormuz.
On the contrary, lies are being spread, such as the one Mr. Bessent told yesterday, when he
claimed that we were on the verge of a deal.
I suspect that the whole situation will escalate even further, and that at some point within the next 6, 8, or 12 weeks,
we’ll witness a major catastrophe—namely, that all governments will have to admit defeat and tell their citizens:
"We're sorry, but we don't have any oil reserves or natural gas reserves left."
And then the price of oil and natural gas will absolutely skyrocket, and then all prices will skyrocket, and then
we’ll see inflation rise from single digits to double digits—and even reach levels higher than we’ve seen since World War II.
And how far do you think they'll take it?
I mean, like, to the point where there are massive civil wars or something, where you're just kind of in that situation
and then you say to yourself: Okay, here's the solution.
That's the digital…
I don't know how far the armed conflicts will go, but I suspect that people will then react in a different way.
You really need to understand the broader context of the WEF's agenda.
They've been advocating for things like "15-minute cities" for quite some time now.
It is quite possible that “15-minute cities” will be introduced and that digital surveillance will be significantly increased,
that we will, for example, only be allowed to fill up our cars once a week or perhaps only be allowed to
purchase a certain amount of gas, and that we will also face restrictions on purchasing certain goods.
The preparations have already been made. We've gone completely digital by now.
Well, I think we're going to see a whole host of restrictive measures coming our way, which are, of
course, linked to things like digital IDs, for example—which may then be introduced more quickly.
But I believe that, for example, "15-minute cities" will play a very important role in this regard.
And now, of course, the big question is: What do we do with what we know? So, let's put you in a role-playing scenario.
Just imagine you're living in Germany now, you have your own little house there, but now you want to trade.
You know, I mean, you really imagine that it's going to be really, really terrible. What should I do now?
I think the most important thing right now is to stay calm and keep yourself informed about what’s happening around you,
because that helps—at least—to not lose touch with reality.
Well, I'd say—I'd prepare myself for inflation to rise sharply.
Well, I'd stock up on non-perishable foods; if I were at the lower end of the income scale, I'd actually
stock up on enough food to last two to three months.
Now, insofar as that's actually possible.
And then I would definitely make sure not to keep too much money in my bank account, because I’m also expecting a major banking
crisis—and a major banking crisis would mean that the banks would declare a bank holiday, and you’d
actually no longer be able to get cash from ATMs.
Well, right now I'd say it would be a good idea to have a cash reserve on hand that would last for about three months.
Otherwise, I'd say—well, I wouldn't count on money, savings accounts, and so on.
I would cancel my life insurance policies and so on—all kinds of insurance policies—if possible, and instead have the
money paid out to me, and I would use it to buy tangible assets.
[…] So I can only recommend that anyone who has a little savings set aside invest it in silver or other tangible assets.
[…] For example, I wouldn't emigrate right now either, because emigrating requires a lot of preparation. You have to know
where you're going, you have to know the language, and so on.
But to emigrate in such a rush, at the last minute like this—I think that's a very, very bad idea.
That said, I have to admit that if I lived in certain major cities—if I lived near water treatment plants, power plants,
or military bases—then I would at least come up with a Plan B.
Where can I go if there are actually any drone attacks in Germany?
You have to be prepared for that. No one knows if it will happen, but it's always very reassuring to know in
advance what to do if the worst-case scenario occurs.
So, I would come up with a Plan B for all these worst-case scenarios, then hope that those worst-case
scenarios don't happen, but in any case, be prepared for any disasters that might occur.
And what do you think of Switzerland?
[…] I do believe that Switzerland is relatively safe, because Switzerland has always been a refuge for the ultra-rich,
and they will continue to ensure that Switzerland remains neutral and that no attacks actually take place there.
But you have to admit that, well, even Austria, for example, is simply of no interest to world politics.
I find it hard to believe that we need to worry about large-scale drone attacks on smaller cities in Austria.
But I also believe that the same will be true for us. So, if you live somewhere here—whether in Schleswig-Holstein, Bavaria, or
Baden-Württemberg—if you live in the countryside and not right next to a military base, a military airport,
or a power plant, then you can assume that you’ll be spared from any potential attacks.
But it's terrible that we even have to talk about something like this.
Well, I have to say, up until ten years ago, I would never, ever have thought I'd have to talk about things like this.
Well, we're really going through a very, very tough time right now.
[…] Yeah, well, thank you so much for all the information and for your solutions, and of course, we'll talk next time.
We certainly have enough topics.