WEBVTT 00:01.216 --> 00:09.468 What do the recent wave of refugees from Ceuta, the conflicts in the Middle East, a massive energy crisis, runaway 00:09.468 --> 00:17.600 inflation, a collapsing financial system, “15-minute cities,” and other hot-button issues have in common? 00:17.600 --> 00:21.312 You'll find out in this fascinating interview with Ernst Wolff. 00:21.312 --> 00:28.726 While many people view current crises and events with horror and concern, financial and economic analyst Ernst Wolff 00:28.726 --> 00:35.875 repeatedly draws his audience’s attention to the underlying causes and commonalities of all these events. 00:35.875 --> 00:41.338 In times of escalating multiple crises, we need people more than ever who can “recognize connections and 00:41.338 --> 00:46.880 patterns and really think things through to their conclusion.” 00:46.880 --> 00:50.894 Hello, everyone. Today we have Ernst Wolff as our guest. Thank you very much for your time. 00:50.894 --> 00:52.436 Thank you for the invitation. 00:52.436 --> 00:58.236 I'd be happy to. And what do you think about the border breach in Ceuta? 00:58.236 --> 01:03.171 I think this is a very successful maneuver by intelligence agencies and Zionist 01:03.171 --> 01:06.720 billionaires pulling the strings behind the scenes. 01:06.720 --> 01:13.020 Well, the whole thing obviously involved a lot of extensive, long-term preparation, which we knew nothing about. 01:13.020 --> 01:16.916 So, first, let's take a quick look at the geography of Ceuta. 01:16.916 --> 01:23.306 Ceuta is an enclave. The territory belongs to Spain but is surrounded by Morocco on the 01:23.306 --> 01:26.646 North African mainland, just like Melilla. 01:26.646 --> 01:34.034 So those are the two enclaves that are actually located on Moroccan territory—that is, in North Africa—but belong to Spain. 01:34.034 --> 01:40.261 And then there's also Western Sahara, which is also very important in this context. It's located between Morocco and Mauritania. 01:40.261 --> 01:46.120 It's a country that doesn't really belong to anyone right now. There's a liberation organization, the 01:46.120 --> 01:49.521 Polisario Front, that claims the country for itself. 01:49.521 --> 01:55.469 Then Algeria also lays claim to the land. So there are quite a few conflicts there. 01:55.469 --> 02:01.600 And here's what happened: In 2020, Donald Trump signed the Abraham Accords. 02:01.600 --> 02:08.200 This is an agreement between Israel and Islamic countries, supposedly to bring about peace there. 02:08.200 --> 02:17.400 In reality, this agreement involves military and technical cooperation—particularly in the cyber domain. 02:17.400 --> 02:28.680 So this agreement was signed in 2020 between Israel, Bahrain, and the United Arab Emirates, with Morocco and Sudan joining later. 02:28.680 --> 02:38.458 So, there is an agreement between Morocco and Israel on joint military cooperation and collaboration in the digital sphere. 02:38.458 --> 02:49.151 Then, in April of this year, a military agreement—designed to last ten years—was signed between the United States and Morocco. 02:49.151 --> 02:56.384 What is interesting is that Morocco currently sources 60% of its weapons from the United States. 02:56.384 --> 03:03.200 Israel imports approximately 67 to 69 percent of its weapons. So it is a major buyer of American weapons. 03:03.200 --> 03:09.957 And following that agreement in April of this year, the Moroccan government was so grateful to the 03:09.957 --> 03:13.360 U.S. that it named a highway after Donald Trump. 03:13.360 --> 03:18.460 So, there's a 1,000-kilometer-long highway in Morocco called the Donald Trump Highway. 03:18.460 --> 03:23.147 Well, there was a whole lot of preparation going on behind the scenes. And then, of course, there was the war with Iran. 03:23.147 --> 03:32.299 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. 03:32.299 --> 03:38.180 And, of course, the U.S. and Israel want to get back at Spain. So what have they done now? 03:38.180 --> 03:45.578 They staged this refugee crisis because no one in the world would believe that 60,000 people could suddenly 03:45.578 --> 03:49.821 gather together within six hours and climb over the borders. 03:49.821 --> 03:54.801 So the whole thing was planned very strategically, and this is a very clear blow. 03:54.801 --> 03:59.799 And it's important to keep in mind that this isn't really about a conflict between 03:59.799 --> 04:02.932 Morocco and Spain, or between the U.S. and Israel. 04:02.932 --> 04:10.733 The goal is to distract people—the global public—from the biggest fraud ever perpetrated in the financial system. 04:10.733 --> 04:19.508 Just yesterday, we heard U.S. Treasury Secretary Scott Bessent say, "We are close to finalizing a deal with Iran." 04:19.508 --> 04:26.320 And immediately, the price of oil plummeted again, and a few billionaires made a great, great deal of money once more. 04:26.320 --> 04:31.140 And we are facing a massive catastrophe—a massive financial and economic catastrophe. 04:31.140 --> 04:36.522 And, of course, people need to be given someone to blame—and migrants are presented to them as 04:36.522 --> 04:40.220 the culprits. That’s the whole story behind it. 04:40.220 --> 04:45.935 I've seen a lot of interviews there, too—with migrants and journalists. 04:45.935 --> 04:52.020 And they also said—in fact, they said: “Yes, the borders are open now. Go, go, go! Go on through!” 04:52.020 --> 04:57.050 And that's why, so to speak, all of a sudden they were all done. And then, a few days later, 04:57.050 --> 05:00.509 they said, "Come back, my children, come back!" 05:00.509 --> 05:04.823 And that's the thing—but they don't even realize it themselves. I mean, I also find it so 05:04.823 --> 05:07.755 disturbing how people are basically used like chess pieces. 05:07.755 --> 05:12.235 So: “You guys go over there now and have a better life.” “Oh yeah, we’ll go over there.” 05:12.235 --> 05:16.928 And then something like this: “Come back, I was just kidding.” “Okay, okay.” 05:16.928 --> 05:19.480 The sad thing is, the whole thing has served its purpose. 05:19.480 --> 05:22.400 So, everyone was getting all worked up about immigrants again. 05:22.400 --> 05:27.888 Everyone in Europe is terrified of the next wave of migration, which is bound to happen. 05:27.888 --> 05:34.061 And everyone will then be conditioned to say, “Well, actually, it’s not the people on Wall Street and at all the stock 05:34.061 --> 05:37.675 exchanges who are responsible for our plight—it’s the migrants.” 05:37.675 --> 05:42.355 And that, of course, gives these ultra-rich billionaires behind the scenes free rein. 05:42.355 --> 05:45.860 Why do you think the reports end up being so different? 05:45.860 --> 05:53.867 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 05:53.867 --> 06:00.520 far—even though you could see in the footage that they’d swum maybe 130 meters—all for the sake of a finally 06:00.520 --> 06:04.405 better life, and now they’re being treated so badly by Spain. 06:04.405 --> 06:09.145 Yeah, no, nothing other than what I just said. So people are being pitted against each other. 06:09.145 --> 06:14.236 So, on the one hand, there are people for whom it's absolutely crystal clear that migrants are the worst thing there is. 06:14.236 --> 06:18.188 They're calling for remigration, just like the AfD, which will of course jump at the chance. 06:18.188 --> 06:22.693 And so they'll pretend that everything will be much better if we send all the migrants back home. 06:22.693 --> 06:27.863 On the other hand, there are people who feel great sympathy for the plight of these people, because, of 06:27.863 --> 06:31.223 course, many of them want to come here simply out of poverty. 06:31.223 --> 06:37.183 And when there are major famines, it is, of course, a human catastrophe of unimaginable proportions. 06:37.183 --> 06:44.349 But how can you better pit people against each other by reporting the news the way ARD and Tagesschau do, for example? 06:44.349 --> 06:50.815 That's right. I would also say that, fundamentally, the solution to this problem is to address the issue in the 06:50.815 --> 06:56.747 country where war or famine is being deliberately provoked, so that people there can live in peace. 06:56.747 --> 07:04.234 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 07:04.234 --> 07:10.851 enter into any defense alliances with Morocco; instead, they would ensure that the Moroccan government doesn’t buy 07:10.851 --> 07:14.593 weapons, but rather makes sure that people are properly fed. 07:14.593 --> 07:18.818 […] In the case of Ceuta—where, as you know, we have a somewhat left-leaning 07:18.818 --> 07:21.369 government—the fight is now turning against the left. 07:21.369 --> 07:25.614 The leftists are the ones who want to let all the refugees in. The argument here is that another attack has 07:25.614 --> 07:28.135 happened, so we have to take action against the right. 07:28.135 --> 07:31.499 But all the people on the right say it's the left's fault, because they're the ones 07:31.499 --> 07:33.931 responsible for the migrants coming here right now. 07:33.931 --> 07:41.892 Wonderful. This way, they've pitted both sides against each other and can move forward with their agenda, further impoverishing and 07:41.892 --> 07:46.214 enslaving people and leading them into a digital dictatorship. 07:46.214 --> 07:50.493 […] And there are, after all, plenty of projects in Germany that need to be tackled. 07:50.493 --> 07:55.753 And instead of solving them, we end up with, for example, this pension reform, which essentially means that the 07:55.753 --> 07:59.299 option to retire at 63, for instance, is about to be eliminated. 07:59.299 --> 08:03.370 Um, what do you think about that? I mean, working more but getting paid less. 08:03.370 --> 08:08.196 This shows the cold-blooded cynicism of our times, because people are making money on the stock markets like never before. 08:08.196 --> 08:13.833 Billionaires around the world are getting richer and richer, and then the poor—specifically the poorest, the most vulnerable 08:13.833 --> 08:17.833 segment of the population, those least able to defend themselves, the retirees—are told, 08:17.833 --> 08:20.516 “Listen, we have to cut back on your benefits now.” 08:20.516 --> 08:23.794 Well, that shows the direction things are heading in. 08:23.794 --> 08:28.668 So, things aren't going to get any better; instead, social inequality—which I believe is the biggest 08:28.668 --> 08:33.350 problem in the world right now—will continue, alongside all the wars that are being waged. 08:33.350 --> 08:37.600 But this social inequality is being driven further and further to the extreme. 08:37.600 --> 08:42.656 And above all, you see that it’s being debated on one side, and then on the other side, people say: 08:42.656 --> 08:46.221 "Oh, can we loosen the debt brake just a little bit? We're going to come up with a 08:46.221 --> 08:48.376 little more money," but not just so you can say: 08:48.376 --> 08:55.011 "Okay, first I need to revamp the system and bring in real workers again so that everything works properly once more." 08:55.011 --> 08:59.537 No, you say, “We’re cutting costs at your expense.” Nothing will change there; nothing will get better. 08:59.537 --> 09:02.868 "And on the other hand, we're taking on more debt, and then we're throwing that money at Ukraine." 09:02.868 --> 09:04.433 Yes, unfortunately, people forget very quickly. 09:04.433 --> 09:11.016 Well, the debt brake has been relaxed—in fact, just before Mr. Merz became Chancellor, he made sure that 09:11.016 --> 09:14.080 the debt brake would be suspended for defense spending. 09:14.080 --> 09:16.962 So, they just casually came up with a hundred billion. 09:16.962 --> 09:21.371 When it comes to retirees, every single million is scrutinized three times over, and in the end, 09:21.371 --> 09:24.100 the retirees end up getting less than they used to. 09:24.100 --> 09:30.048 Yes. And the next issue, for example—there are a lot of reports that the natural gas storage facilities are 09:30.048 --> 09:33.130 unusually empty. What do you think we can expect here? 09:33.130 --> 09:37.408 Yes, that is, that is a fact, and it doesn't just apply to Germany—it applies to every country in the world. 09:37.408 --> 09:41.024 Strategic oil reserves have been targeted everywhere. 09:41.024 --> 09:47.174 They have now reached a record low—one that hasn't been seen in 40 to 45 years. 09:47.174 --> 09:53.372 And as we can see, the Strait of Hormuz is still blocked. So, we're being fed new lies every day. 09:53.372 --> 10:00.674 At the same time, however, we are finding that we are no longer being informed at all about important events in the Middle 10:00.674 --> 10:08.450 East—such as the fact that the world’s largest oil refinery, located in Saudi Arabia, was severely damaged in a drone attack. 10:08.450 --> 10:12.078 There haven't been any further reports on that. We haven't heard anything about it. 10:12.078 --> 10:15.713 So, steps are being taken quite systematically to ensure that there is less and less 10:15.713 --> 10:17.571 oil and less and less natural gas available. 10:17.571 --> 10:26.782 And that shows me that we are being deliberately and intentionally driven into a massive energy crisis, which will lead to price 10:26.782 --> 10:31.787 increases across the board, because all prices depend on energy. 10:31.787 --> 10:39.991 And to me, that's a deliberate strategy to fuel inflation. We're living in an era of record-high debt. 10:39.991 --> 10:46.831 The U.S., in particular, has reached an all-time high in debt. And how can debt be eliminated? By causing inflation. 10:46.831 --> 10:53.396 And I believe that we are currently facing runaway inflation, which may turn into hyperinflation, and that, in the 10:53.396 --> 11:00.843 context of this hyperinflation, new money may then be introduced in the form of CBDCs—that is, digital central bank money. 11:00.843 --> 11:09.343 So, in my view, we are facing an autumn that will bring about a truly, truly massive—a truly massive—upheaval. 11:09.343 --> 11:11.820 You can really see that it's not just like that in Germany. 11:11.820 --> 11:19.102 For example, during our last conversation, we also talked about Russia, which is also going through a gasoline crisis. 11:19.102 --> 11:20.732 This is a global phenomenon right now. 11:20.732 --> 11:25.428 Well, the thing is, you can't just look to the governments. Governments are nothing more than puppets. 11:25.428 --> 11:31.146 Mr. Putin is nothing more than a puppet of the Russian oligarchs, who are interested only in 11:31.146 --> 11:34.340 their own wealth and in expanding their own power. 11:34.340 --> 11:37.362 It may well be that Mr. Putin will eventually be ousted. 11:37.362 --> 11:40.496 I'm actually quite certain that Donald Trump will be dropped soon, too. 11:40.496 --> 11:45.211 You just have to look at how his vice president is increasingly distancing himself from him. 11:45.211 --> 11:49.522 Well, it's interesting that J.D. Vance is almost never present at any of these press conferences. 11:49.522 --> 11:57.589 It's always Marco Rubio, and lately either Mr. Hegseth or Mr. Bessent next to him, but J.D. Vance never appears. 11:57.589 --> 12:03.747 Well, I think Donald Trump will have played out his role there sooner or later, and that he'll then be made the 12:03.747 --> 12:09.582 scapegoat, along with his entire family, because they've so obviously enriched themselves recently. 12:09.582 --> 12:17.460 Then people will be told, “He led you astray. We’re moving on now,” and then they’ll follow some other leader. 12:17.460 --> 12:23.860 But can you really imagine that everyone who actually has something to say is all looking in the same direction? 12:23.860 --> 12:30.229 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., 12:30.229 --> 12:36.400 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 12:36.400 --> 12:39.716 to do the opposite,” or “We’ll be the ones who, in the end…” 12:39.716 --> 12:43.579 They're not stupid. They know full well that the global financial system is on its last legs. 12:43.579 --> 12:48.228 So, we have the largest mountain of debt in history. There is the largest money supply in history. 12:48.228 --> 12:52.778 There, there are no longer any normal ways to save this system. Everyone knows that. 12:52.778 --> 13:00.775 And right now, we are witnessing the total and absolute plundering of this system, which all insiders know is about to collapse. 13:00.775 --> 13:05.407 That's the background to everything that's happening right now. And, of course, they all agree on that. 13:05.407 --> 13:11.908 Of course, they also have different interests and are always trying to take a piece of each other's pie. That's undisputed. 13:11.908 --> 13:16.656 But there is this fundamental concern—and this fundamental concern, as well as the basic understanding—that 13:16.656 --> 13:22.940 our financial system, as it has functioned for several hundred years, is no longer working at the moment. 13:22.940 --> 13:25.800 And what do you think will happen next with the war in Iran? 13:25.800 --> 13:29.660 Well, that's the situation, of course—it has to be made worse somehow. That means— 13:29.660 --> 13:30.921 – Yes, things are actually getting worse right now. 13:30.921 --> 13:35.038 It's also interesting to note that this Ceuta conflict is somewhat related to this, since 13:35.038 --> 13:37.457 Ceuta is located on the Strait of Gibraltar. 13:37.457 --> 13:42.255 The Strait of Gibraltar is a strait between the Atlantic Ocean and the Mediterranean Sea. 13:42.255 --> 13:47.159 That's where all the weapons pass through. I mean, all the weapons that the Americans not only send to 13:47.159 --> 13:50.380 Morocco but also forward to Israel—they all go through there. 13:50.380 --> 13:54.529 Well, that's also a very important road, and a large portion of trade passes through there. 13:54.529 --> 14:01.309 So, if an open conflict were to break out there, it would further exacerbate the global economic situation. 14:01.309 --> 14:04.531 And as we can see, nothing at all is happening in the Strait of Hormuz. 14:04.531 --> 14:09.146 On the contrary, lies are being spread, such as the one Mr. Bessent told yesterday, when he 14:09.146 --> 14:11.780 claimed that we were on the verge of a deal. 14:11.780 --> 14:18.712 I suspect that the whole situation will escalate even further, and that at some point within the next 6, 8, or 12 weeks, 14:18.712 --> 14:25.581 we’ll witness a major catastrophe—namely, that all governments will have to admit defeat and tell their citizens: 14:25.581 --> 14:30.646 "We're sorry, but we don't have any oil reserves or natural gas reserves left." 14:30.646 --> 14:37.972 And then the price of oil and natural gas will absolutely skyrocket, and then all prices will skyrocket, and then 14:37.972 --> 14:47.159 we’ll see inflation rise from single digits to double digits—and even reach levels higher than we’ve seen since World War II. 14:47.159 --> 14:50.238 And how far do you think they'll take it? 14:50.238 --> 14:55.189 I mean, like, to the point where there are massive civil wars or something, where you're just kind of in that situation 14:55.189 --> 14:58.016 and then you say to yourself: Okay, here's the solution. 14:58.016 --> 14:58.835 That's the digital… 14:58.835 --> 15:06.078 I don't know how far the armed conflicts will go, but I suspect that people will then react in a different way. 15:06.078 --> 15:09.333 You really need to understand the broader context of the WEF's agenda. 15:09.333 --> 15:13.707 They've been advocating for things like "15-minute cities" for quite some time now. 15:13.707 --> 15:20.476 It is quite possible that “15-minute cities” will be introduced and that digital surveillance will be significantly increased, 15:20.476 --> 15:26.063 that we will, for example, only be allowed to fill up our cars once a week or perhaps only be allowed to 15:26.063 --> 15:31.390 purchase a certain amount of gas, and that we will also face restrictions on purchasing certain goods. 15:31.390 --> 15:35.202 The preparations have already been made. We've gone completely digital by now. 15:35.202 --> 15:39.958 Well, I think we're going to see a whole host of restrictive measures coming our way, which are, of 15:39.958 --> 15:44.925 course, linked to things like digital IDs, for example—which may then be introduced more quickly. 15:44.925 --> 15:50.464 But I believe that, for example, "15-minute cities" will play a very important role in this regard. 15:50.464 --> 15:57.368 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. 15:57.368 --> 16:04.660 Just imagine you're living in Germany now, you have your own little house there, but now you want to trade. 16:04.660 --> 16:10.040 You know, I mean, you really imagine that it's going to be really, really terrible. What should I do now? 16:10.040 --> 16:16.707 I think the most important thing right now is to stay calm and keep yourself informed about what’s happening around you, 16:16.707 --> 16:20.269 because that helps—at least—to not lose touch with reality. 16:20.269 --> 16:24.784 Well, I'd say—I'd prepare myself for inflation to rise sharply. 16:24.784 --> 16:30.623 Well, I'd stock up on non-perishable foods; if I were at the lower end of the income scale, I'd actually 16:30.623 --> 16:33.860 stock up on enough food to last two to three months. 16:33.860 --> 16:36.260 Now, insofar as that's actually possible. 16:36.260 --> 16:43.246 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 16:43.246 --> 16:48.692 crisis—and a major banking crisis would mean that the banks would declare a bank holiday, and you’d 16:48.692 --> 16:51.835 actually no longer be able to get cash from ATMs. 16:51.835 --> 16:59.904 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. 16:59.904 --> 17:03.846 Otherwise, I'd say—well, I wouldn't count on money, savings accounts, and so on. 17:03.846 --> 17:09.993 I would cancel my life insurance policies and so on—all kinds of insurance policies—if possible, and instead have the 17:09.993 --> 17:13.543 money paid out to me, and I would use it to buy tangible assets. 17:13.543 --> 17:20.806 […] So I can only recommend that anyone who has a little savings set aside invest it in silver or other tangible assets. 17:20.806 --> 17:27.016 […] For example, I wouldn't emigrate right now either, because emigrating requires a lot of preparation. You have to know 17:27.016 --> 17:30.397 where you're going, you have to know the language, and so on. 17:30.397 --> 17:36.870 But to emigrate in such a rush, at the last minute like this—I think that's a very, very bad idea. 17:36.870 --> 17:44.552 That said, I have to admit that if I lived in certain major cities—if I lived near water treatment plants, power plants, 17:44.552 --> 17:48.610 or military bases—then I would at least come up with a Plan B. 17:48.610 --> 17:53.120 Where can I go if there are actually any drone attacks in Germany? 17:53.120 --> 17:58.858 You have to be prepared for that. No one knows if it will happen, but it's always very reassuring to know in 17:58.858 --> 18:02.013 advance what to do if the worst-case scenario occurs. 18:02.013 --> 18:07.646 So, I would come up with a Plan B for all these worst-case scenarios, then hope that those worst-case 18:07.646 --> 18:13.120 scenarios don't happen, but in any case, be prepared for any disasters that might occur. 18:13.120 --> 18:14.980 And what do you think of Switzerland? 18:14.980 --> 18:20.525 […] I do believe that Switzerland is relatively safe, because Switzerland has always been a refuge for the ultra-rich, 18:20.525 --> 18:26.148 and they will continue to ensure that Switzerland remains neutral and that no attacks actually take place there. 18:26.148 --> 18:31.141 But you have to admit that, well, even Austria, for example, is simply of no interest to world politics. 18:31.141 --> 18:36.403 I find it hard to believe that we need to worry about large-scale drone attacks on smaller cities in Austria. 18:36.403 --> 18:43.045 But I also believe that the same will be true for us. So, if you live somewhere here—whether in Schleswig-Holstein, Bavaria, or 18:43.045 --> 18:48.641 Baden-Württemberg—if you live in the countryside and not right next to a military base, a military airport, 18:48.641 --> 18:53.726 or a power plant, then you can assume that you’ll be spared from any potential attacks. 18:53.726 --> 18:56.007 But it's terrible that we even have to talk about something like this. 18:56.007 --> 19:01.665 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. 19:01.665 --> 19:05.218 Well, we're really going through a very, very tough time right now. 19:05.218 --> 19:12.210 […] Yeah, well, thank you so much for all the information and for your solutions, and of course, we'll talk next time. 19:12.210 --> 19:13.278 We certainly have enough topics.