September 26, 2025 • 16 mins
Dave Conley and Jerremy Alexander Newsome expose the chilling rise of deepfake scams, with Jerremy sharing how fraudsters clone his identity for Bitcoin cons promising quick riches. They warn of AI's post-reality blur, where voices fool even family, eroding social trust and markets. Shifting to hope, they push education as the fix for financial vulnerability, ending with uplifting calls to water positivity over negativity for a prosperous path.
Timestamps:
- (00:00) Deepfake Dangers: Fake Accounts and Bitcoin Lures
- (07:44) Stock Market Vibes: Navigating Turbulent Insights
- (13:07) Positive Wrap: Perspectives for Reclaiming Reality
📢 Solving America’s Problems Podcast – Real Solutions For Real Issues
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Alex (00:00):
Dave probes the jam of fake accounts sowing propaganda under stolen identities,
as Jerremy reveals his own deepfake scamsluring victims with Bitcoin promises.
The peril sharpens—if AI voices foolfamily and friends, how do we reclaim
reality before trust shatters completely?
Jerremy (00:17):
Well, here's what's wild and I'll take a quick moment
on our platform to say this.
So I'm one of these peoplethat get deep faked a lot.
Dave (00:24):
Really?
Oh, well, you're well known.
Jerremy (00:26):
Yeah.
And well, but also I deal withmoney and people trust me, and
I have an explicit track record.
Yeah.
And so what happens right nowis someone from whatever country
will copy all of my profile, copymy pictures, copy all of that.
Oh, yeah.
They'll just take screenshots ofwhat I currently have up online.
They'll create a profile,usually Instagram, WhatsApp,
(00:49):
discord, something like that.
And it'll use.
An email or a name thatlooks very similar to mine.
Wow.
So it'll, it'll be likeNewsom's, like with an S
Dave (01:01):
Yeah.
Jerremy (01:01):
Or Newsom with no E.
Wow.
That's been a very popular one.
Like Jerremy Newsom with no E.
Yeah.
Or Jerremy with three R's where it ishard to notice if it's two or three.
And, um, they'll reach outto people and they'll have
conversations with people Whoa.
Directly online and they willact as me and they'll say,
Hey, listen I'm really excited.
I'm glad that we just hungout or talked recently.
(01:24):
Like, I got this really newinvestment program that I'm doing.
It looks a lot like ifyou send me some Bitcoin.
I'll do something with it and thenfour or five days send you 25%
more Bitcoin than you just sent me.
Oof.
Yeah.
And obviously people actuallyhave fallen for that.
Sure.
It's terrible.
Yeah.
But man, that's getting, it'sgetting good like it looks.
(01:45):
Now granted, they'llnever have talked to me.
But this is also where it getskind of terrifying and you have
done a lot of stuff with voice.
Dave (01:52):
Totally.
Jerremy (01:53):
Ai.
Dave (01:53):
Yeah.
Jerremy (01:54):
And I do not believe that we are extremely far off from someone
being able to fake someone else's voiceand, Hey, let's talk on the phone.
Dave (02:05):
Yeah.
Jerremy (02:05):
If you need to, like, let's pick up the phone, let's have
this con this phone conversation.
Like how would they knowit's me versus not me?
No idea if they've only talked to me.
Never realistically, and we'venever talked on the phone.
You wouldn't.
No,
Dave (02:19):
not at
Jerremy (02:20):
all.
So someone getting someonefalling for that is.
Unfortunate and also very likely
Dave (02:26):
I, so we are in a post reality reality, uh, with online video, online
photos, online music, online voices.
There is no way to actually tellif something is legit or not, and
it is getting better and better.
I have heard stories of people, uh,getting a call from a family member
(02:49):
and being like, I'm in trouble.
Send me money, and it is not them.
Uh,
this goes back to my AIis taking over the world.
I've been deep in AIfor the last two weeks.
Like I, I am, I'm sure that this thingis going to kill us all, but we are in a
post reality reality and we have no idea.
I don't have any idealike what's, what's next?
(03:13):
Like it, we are going to haveto get to people in person
for things to be checked out.
I mean, we are gonna haveto go old school cool.
And be like, is this you?
Is this really, really, you we'regonna have to have code words,
Jerremy (03:26):
yeah.
And what's even more wild than that isalso just how does someone know that
they're even talking to the person tobegin with, to have a real meetup, right?
Oh, exactly.
You know, like, I'm flying to Australia ina month and doing a meetup, and granted,
there's obviously a lot of people arereaching out and they're gonna wanna be
there, but how nefarious could someonebe if they saw that and they're like, oh,
(03:49):
I'm gonna do the same thing and then like,pay me this money and I promise I'll be
in Australia and then I never show up.
I didn't know it.
You know what I'm saying?
Yeah.
It's unfortunately insane how easyit is to scam people right now.
And that is.
A solution that I have zeroidea on how we're gonna fix
as it gets better and better.
(04:10):
Ai
Dave (04:11):
indistinguishable from reality if you're looking at it on
a screen like indistinguishable.
Yeah.
But also I get a ton of, if
Jerremy (04:19):
you're, if you're older, like if you, if you just, because I look how, I
mean, there's, there's ways to look at,like Dave, for me, not Dave, Dave knows.
Dave knows, but man, if you werelike in your fifties Alright.
Dave (04:32):
But,
Jerremy (04:33):
but Dave truly, like if you have someone who's like 65 plus
and they get a text message andit's like, Hey, it's Jerremy Newsom.
Yeah.
And they know who Jerremy Newsom is.
And they've worked with me before.
Like, Hey, click this link so thatyou and I can go to this thing.
They're not gonna know.
No they're gonna have no idea.
It's man, like that is happeningmore and more and faster and
faster and quicker and quicker.
(04:53):
And it's like really kind ofterrifying how good it's getting.
Dave (04:56):
It's gonna have to be the war of the ais.
You're gonna have to have your AIgoing out and hunting other ais.
Like that's whoa.
I've been getting a ton of texts andI've really noticed it change in the
last couple of months where it seemedlike I was getting no weird texts.
And now I get them, I get several a day,which is like, you there, Hey, let's chat.
(05:16):
You know, like these veryopen-ended whatevers.
And I, I don't know what they are.
I've never answered them,but they are certainly not
from anybody that I know are.
Do you know, like you are very accessible.
Do you get a lot of that too?
Jerremy (05:29):
Tons of them.
Yeah.
I got like one last nightwas like, Hey, remember me?
We hung out recently.
Dave (05:36):
One.
Jerremy (05:36):
Yeah.
They sent me a photo.
I was like some beautiful Japanese girlin like a coffee shop or something.
Dave (05:42):
I'm like, what?
Jerremy (05:44):
Yeah.
I was like, I don't know.
No.
Obviously I don't know the person.
No.
But also, even if I did, yeah.
I'm like, dog, I'm married.
Don't be, don't be doing that.
Yeah.
I don't remember you too bad.
Delete.
We've never had a conversation.
Yeah, it is, man.
Uh, it's unfortunate.
Like it's gonna get betterand worse and worse.
(06:05):
And so what I mean by that is liketruly the fraudulent individuals
that want to scam people outta money.
Dave (06:11):
Yeah.
Jerremy (06:12):
Wow.
That's gonna get good.
And it's gonna be so hard todistinguish reality from non-reality.
And that's, uh, man, that's probablya whole different conversation.
All different podcast really.
Dave (06:22):
I think there's going to be, uh, two big backlashes.
One of them is going to be.
Being attached to electronics becauseit's going to get so post reality
reality, you either gonna go all in andjust live in that post reality reality.
You're gonna be just plugged into thematrix, or you're going to be stepping
(06:44):
back from it and focusing back onreal human face-to-face connection.
And as far as the president goesand the administration, they're
pushing so many boundaries.
They're pushing so many buttons.
I believe it will force Congressand legislature to be like, Hey,
like we've given up too much power.
(07:05):
You've said it over and over again.
If immigration is tied to onedude and whatever, they're waking
up and saying, Hey, let's dosomething crazy today that's wrong.
So I think it will, and that sortof imbalance of power really got
supercharged under, george GW Bush.
Right.
And the War on Terror and all of that.
(07:25):
So that's where that unitaryexecutive actually started.
So if we can turn down the heaton presidential power, turn up the
heat back on the legislature, getthem working again, which we've
said over and over again that's fan.
That would be fantastic.
Ah, what else?
What else is happening?
Jerremy (07:44):
Oh, man.
So many things, uh, I, I mean, I'lltalk stock market for a hot second.
Yeah.
Dave (07:50):
What's, yeah,
Jerremy (07:51):
tell me.
Just 'cause it's fun to talk.
We are high.
Wait, it
Dave (07:55):
was high like a couple of months ago.
It was high last year.
It was like new, high, high,high, high, high, high.
Like
Jerremy (08:02):
really?
Yeah.
Since April, since the mid-April,the s and p five hundred's up 35%.
Dave (08:08):
Oh, come
Jerremy (08:08):
on.
Which, yeah, it's that's a lot.
That's a lot.
Now granted, year to date, so Januaryone to right now we're up 12.8,
so it was just that big selloff that happened in April.
If anybody bought, the bottom ofthat, which you did, 'cause you're a
great investor and an amazing trader.
Um, bottom to top, I think, yeah, I thinkthere needs to be, and there will be some
(08:31):
level of correction sooner than later.
But that correction in the broadermarkets will just, I don't know what's
gonna cause it, and I'm not sure how longit'll last, but it won't be very painful.
Uh, it'll be a good overall buyingopportunity if you see a lot of red and
a lot of fear come into the market inthe next, let's just call it two months.
(08:54):
I still think we will lead to higherhighs and higher lows in the overall
like US economy stock market.
But.
What does actually create thecatalyst for legit selling?
I think I said a while ago Trumpwas in office during COVID.
Dave (09:10):
Yeah.
Jerremy (09:10):
Trump was in office during the tariffs.
Both of those times, the market hadthe fastest, big as quickest selling.
It's had since 2008.
Oh, really?
Yeah.
Whatever the next one is.
Yeah.
There'll be another, it willbe under Trump's presidency, so
it'll be in the next four years.
Um, and it'll be something with asingular or double syllable word.
(09:35):
Um, and it's probably gonnabe related to real estate.
And I don't know what it is right now.
Yeah.
I really don't.
Dave (09:40):
Yeah.
Jerremy (09:40):
I'll know about when I hear it, when it comes, starts coming up on the
news where I'll like, oh, this is it.
It won't be like stagflation,it won't be that.
It'll be something else thatpeople haven't really been
extremely familiar with.
Because again, the tariffthing was kind of new, right?
That hadn't been really talkedabout from a presidential
standpoint in quite a while.
And then obviously the COVIDcoronavirus, that was brand new.
And when I say brand new, I mean that wasbrand new from the stints of, obviously
(10:02):
virus has been around forever and that hasalways impacted the markets negatively.
But that one was obviouslyunique and individualized.
So the next one, I don't knowwhat it is, but that'll cause
a nice big steep decline.
And that probably will be twoand a half, three years from now.
Because after that happens, we'llget a rally out of that as well.
So that Trump can, put his haton a high horse after we finish.
(10:24):
'cause wants real estate prices to goup and wants the stock market to go up.
But as of where we stand rightnow, it does look like we're gonna
continue to slowly have this trainand this party continuing because
we right now have done only.
Bullish things in the market.
Well,
Dave (10:40):
reality doesn't touch the market.
April, I mean, reality, like nonumber, no news, no rationality.
You know, like there's no rationalinvestor who looks at prices right now
and have, you know, like it's not tiedto anything that a company does, like
it just, it's just up across the board.
(11:02):
You're right.
I mean there's going to be some excusethat begins the cycle of profit taking.
There has to be.
And so whatever that is, that'llbe like, okay, this is, you know,
like we're going to get into.
Profit taking, correctionland and Yeah, I know.
Mm-hmm.
You will be the first person to belike, oh, time to put it back in
your piggy bank kind of time, so.
(11:22):
Mm-hmm.
You know, if you're listeningto this podcast, make sure,
you tune over to, to what Mr.
Newsom's doing over on his other platformsand being like, oh, this is happening.
You're like, okay, then payattention because it is and yeah.
Well,
Jerremy (11:35):
I'm gonna bring it over into here as well for sure.
Because I wanna make sure thatpeople, you know, who listen know.
'Cause I think politically one of thegreatest, misfortunes that we have in
this country is that individuals are notsuper, super dialed in on their finances.
No,
Dave (11:53):
I wasn't until I met you.
Jerremy (11:55):
And again, just, you know, truthfully Right,
it's not taught in schools.
Yeah.
It's not championed, it's not talked aboutfrom a place of high level intentionality.
Like Trump isn't telling peopleon a daily basis, Hey, I hope
you're having a great day at work.
Whatever money you make, take 10%put into the stock market, save it.
(12:16):
Look at your budget, understand how muchyou're spending on beer, food, wine,
cheese, diapers, uh, and figure out isthere a way that you can cut back on some
of that spending for a period of time soyou can put more money into the markets.
Yeah.
Like that, that should be somethingthat the higher levels are champion.
Mm-hmm.
Uh, championing.
And we're just doing a, abad job at that as a country.
But that's something that I thinkeveryone's aware of and that's something
(12:39):
that I ultimately do want to not onlychange, but Correct and also solve is
just the vulnerability of the Americanpublic from a financial standpoint.
We just really are way toooverextended and that can be solved.
'cause if you solve a lot of the moneyproblems in this country, you solve.
(12:59):
Most problems in this countryfor the American public.
And I think a lot of that's done justagain, through education, through
awareness, through intentionality.
Dave (13:07):
Before we wrap this up, I had a multi-hour conversation with
one of my best buds a few days ago.
And he's very much on the left.
He, is very much in this generalmalaise and an opportunity for us
to connect and connect for hoursbecause, you know me like I have kind
of nuanced views on things and it'snot all left, it's not all right.
(13:31):
And it's like, okay, this ishow I'm thinking about it and
let's peel out the emotions andactually talk about things again.
And so I was talking to him and he wasnot feeling good about the administration,
the direction of the country.
And, you know, like everything,everything was wrong.
And I'm like, Hey.
Back up a little bit.
We are, regardless of everything that'sgoing on in this moment of history, we
(13:55):
are actually the safest we have meaningthat there is actually fewer people dying.
There's more people getting healthcare.
There's more people getting wealthy,you know, coming out of poverty.
There are more people who aregetting educated than at any
other time in human history.
There are so many things that we have doneright over the last hundred years and over
(14:19):
the last 10 years than we've done wrong.
And we don't talk about any of the right.
We talk about all the wrongthings that are going on.
Like we have so many things to celebrate.
And I'm not just being like thecrazy optimist, like sometimes I am,
I am really like, Hey, there are somany good things that are going on.
Can they be better?
Of course that can be betterbecause that's who we are.
(14:39):
And he started to feelbetter about things.
It's like, yeah, If somebody is likeracist problems first, like they wear
racism on their sleeve and everythingand they see the world through a lens
of racism, then all there is is racists.
And my belief is that, if we keep onwatering negativity, if we keep on
(15:04):
watering that plant, it will grow.
And there's something to be saidabout stuffing things, putting things
away, not talking about things.
There is actually a beauty of itbecause it creates an environment
where the in crowd, your groupisn't talking about these things.
And if you juiced it,stand up and say, Hey.
(15:25):
Everything's racism.
People will look at melike, what are you crazy?
And that actually lowersthe temperature on things.
And it, it gets back to this world ofjust norms and frankly shaming people.
Like, Hey, like that's alittle racist, you know?
And you can insert anything in that.
Like if everything is wrong and youpick your, you pick your poison.
(15:46):
We can talk about it reasonably, but ifit is like the world is ending because
of this, then you're just wateringthat and you're gonna get more of that.
And that is all you're going to see.
That is Dave's last rant for the day.
Jerremy (15:59):
Your perception is your reality.
Your thoughts become things andyour words become worlds, ladies and
gentlemen, that's absolutely correct.
If your energy is currency, investinto what brings you alignment,
brings you happiness, brings youpeace, and we hope that we were
able to do that for you today.
Create a smile, create a new thought,create a new intention, create a new
(16:20):
belief, a new perspective, and we aregonna continue to solve the problems
of this great nation, of this greatcountry just by learning, by having
conversations, by having discussions,by having open-ended thoughts, feelings,
revelations, ideas, so that we can notonly champion your voice, but that we can
(16:40):
create a truly remarkable, prestigious,powerful, and prosperous platform.
Thank you everyone for listening.
Thank you for tuning in.
We will see you on the next episode.
Dave probes the jam of fake accounts sowing propaganda under stolen identities,
as Jerremy reveals his own deepfake scamsluring victims with Bitcoin promises.
The peril sharpens—if AI voices foolfamily and friends, how do we reclaim
reality before trust shatters completely?
Jerremy (00:17):
Well, here's what's wild and I'll take a quick moment
on our platform to say this.
So I'm one of these peoplethat get deep faked a lot.
Dave (00:24):
Really?
Oh, well, you're well known.
Jerremy (00:26):
Yeah.
And well, but also I deal withmoney and people trust me, and
I have an explicit track record.
Yeah.
And so what happens right nowis someone from whatever country
will copy all of my profile, copymy pictures, copy all of that.
Oh, yeah.
They'll just take screenshots ofwhat I currently have up online.
They'll create a profile,usually Instagram, WhatsApp,
(00:49):
discord, something like that.
And it'll use.
An email or a name thatlooks very similar to mine.
Wow.
So it'll, it'll be likeNewsom's, like with an S
Dave (01:01):
Yeah.
Jerremy (01:01):
Or Newsom with no E.
Wow.
That's been a very popular one.
Like Jerremy Newsom with no E.
Yeah.
Or Jerremy with three R's where it ishard to notice if it's two or three.
And, um, they'll reach outto people and they'll have
conversations with people Whoa.
Directly online and they willact as me and they'll say,
Hey, listen I'm really excited.
I'm glad that we just hungout or talked recently.
(01:24):
Like, I got this really newinvestment program that I'm doing.
It looks a lot like ifyou send me some Bitcoin.
I'll do something with it and thenfour or five days send you 25%
more Bitcoin than you just sent me.
Oof.
Yeah.
And obviously people actuallyhave fallen for that.
Sure.
It's terrible.
Yeah.
But man, that's getting, it'sgetting good like it looks.
(01:45):
Now granted, they'llnever have talked to me.
But this is also where it getskind of terrifying and you have
done a lot of stuff with voice.
Dave (01:52):
Totally.
Jerremy (01:53):
Ai.
Dave (01:53):
Yeah.
Jerremy (01:54):
And I do not believe that we are extremely far off from someone
being able to fake someone else's voiceand, Hey, let's talk on the phone.
Dave (02:05):
Yeah.
Jerremy (02:05):
If you need to, like, let's pick up the phone, let's have
this con this phone conversation.
Like how would they knowit's me versus not me?
No idea if they've only talked to me.
Never realistically, and we'venever talked on the phone.
You wouldn't.
No,
Dave (02:19):
not at
Jerremy (02:20):
all.
So someone getting someonefalling for that is.
Unfortunate and also very likely
Dave (02:26):
I, so we are in a post reality reality, uh, with online video, online
photos, online music, online voices.
There is no way to actually tellif something is legit or not, and
it is getting better and better.
I have heard stories of people, uh,getting a call from a family member
(02:49):
and being like, I'm in trouble.
Send me money, and it is not them.
Uh,
this goes back to my AIis taking over the world.
I've been deep in AIfor the last two weeks.
Like I, I am, I'm sure that this thingis going to kill us all, but we are in a
post reality reality and we have no idea.
I don't have any idealike what's, what's next?
(03:13):
Like it, we are going to haveto get to people in person
for things to be checked out.
I mean, we are gonna haveto go old school cool.
And be like, is this you?
Is this really, really, you we'regonna have to have code words,
Jerremy (03:26):
yeah.
And what's even more wild than that isalso just how does someone know that
they're even talking to the person tobegin with, to have a real meetup, right?
Oh, exactly.
You know, like, I'm flying to Australia ina month and doing a meetup, and granted,
there's obviously a lot of people arereaching out and they're gonna wanna be
there, but how nefarious could someonebe if they saw that and they're like, oh,
(03:49):
I'm gonna do the same thing and then like,pay me this money and I promise I'll be
in Australia and then I never show up.
I didn't know it.
You know what I'm saying?
Yeah.
It's unfortunately insane how easyit is to scam people right now.
And that is.
A solution that I have zeroidea on how we're gonna fix
as it gets better and better.
(04:10):
Ai
Dave (04:11):
indistinguishable from reality if you're looking at it on
a screen like indistinguishable.
Yeah.
But also I get a ton of, if
Jerremy (04:19):
you're, if you're older, like if you, if you just, because I look how, I
mean, there's, there's ways to look at,like Dave, for me, not Dave, Dave knows.
Dave knows, but man, if you werelike in your fifties Alright.
Dave (04:32):
But,
Jerremy (04:33):
but Dave truly, like if you have someone who's like 65 plus
and they get a text message andit's like, Hey, it's Jerremy Newsom.
Yeah.
And they know who Jerremy Newsom is.
And they've worked with me before.
Like, Hey, click this link so thatyou and I can go to this thing.
They're not gonna know.
No they're gonna have no idea.
It's man, like that is happeningmore and more and faster and
faster and quicker and quicker.
(04:53):
And it's like really kind ofterrifying how good it's getting.
Dave (04:56):
It's gonna have to be the war of the ais.
You're gonna have to have your AIgoing out and hunting other ais.
Like that's whoa.
I've been getting a ton of texts andI've really noticed it change in the
last couple of months where it seemedlike I was getting no weird texts.
And now I get them, I get several a day,which is like, you there, Hey, let's chat.
(05:16):
You know, like these veryopen-ended whatevers.
And I, I don't know what they are.
I've never answered them,but they are certainly not
from anybody that I know are.
Do you know, like you are very accessible.
Do you get a lot of that too?
Jerremy (05:29):
Tons of them.
Yeah.
I got like one last nightwas like, Hey, remember me?
We hung out recently.
Dave (05:36):
One.
Jerremy (05:36):
Yeah.
They sent me a photo.
I was like some beautiful Japanese girlin like a coffee shop or something.
Dave (05:42):
I'm like, what?
Jerremy (05:44):
Yeah.
I was like, I don't know.
No.
Obviously I don't know the person.
No.
But also, even if I did, yeah.
I'm like, dog, I'm married.
Don't be, don't be doing that.
Yeah.
I don't remember you too bad.
Delete.
We've never had a conversation.
Yeah, it is, man.
Uh, it's unfortunate.
Like it's gonna get betterand worse and worse.
(06:05):
And so what I mean by that is liketruly the fraudulent individuals
that want to scam people outta money.
Dave (06:11):
Yeah.
Jerremy (06:12):
Wow.
That's gonna get good.
And it's gonna be so hard todistinguish reality from non-reality.
And that's, uh, man, that's probablya whole different conversation.
All different podcast really.
Dave (06:22):
I think there's going to be, uh, two big backlashes.
One of them is going to be.
Being attached to electronics becauseit's going to get so post reality
reality, you either gonna go all in andjust live in that post reality reality.
You're gonna be just plugged into thematrix, or you're going to be stepping
(06:44):
back from it and focusing back onreal human face-to-face connection.
And as far as the president goesand the administration, they're
pushing so many boundaries.
They're pushing so many buttons.
I believe it will force Congressand legislature to be like, Hey,
like we've given up too much power.
(07:05):
You've said it over and over again.
If immigration is tied to onedude and whatever, they're waking
up and saying, Hey, let's dosomething crazy today that's wrong.
So I think it will, and that sortof imbalance of power really got
supercharged under, george GW Bush.
Right.
And the War on Terror and all of that.
(07:25):
So that's where that unitaryexecutive actually started.
So if we can turn down the heaton presidential power, turn up the
heat back on the legislature, getthem working again, which we've
said over and over again that's fan.
That would be fantastic.
Ah, what else?
What else is happening?
Jerremy (07:44):
Oh, man.
So many things, uh, I, I mean, I'lltalk stock market for a hot second.
Yeah.
Dave (07:50):
What's, yeah,
Jerremy (07:51):
tell me.
Just 'cause it's fun to talk.
We are high.
Wait, it
Dave (07:55):
was high like a couple of months ago.
It was high last year.
It was like new, high, high,high, high, high, high.
Like
Jerremy (08:02):
really?
Yeah.
Since April, since the mid-April,the s and p five hundred's up 35%.
Dave (08:08):
Oh, come
Jerremy (08:08):
on.
Which, yeah, it's that's a lot.
That's a lot.
Now granted, year to date, so Januaryone to right now we're up 12.8,
so it was just that big selloff that happened in April.
If anybody bought, the bottom ofthat, which you did, 'cause you're a
great investor and an amazing trader.
Um, bottom to top, I think, yeah, I thinkthere needs to be, and there will be some
(08:31):
level of correction sooner than later.
But that correction in the broadermarkets will just, I don't know what's
gonna cause it, and I'm not sure how longit'll last, but it won't be very painful.
Uh, it'll be a good overall buyingopportunity if you see a lot of red and
a lot of fear come into the market inthe next, let's just call it two months.
(08:54):
I still think we will lead to higherhighs and higher lows in the overall
like US economy stock market.
But.
What does actually create thecatalyst for legit selling?
I think I said a while ago Trumpwas in office during COVID.
Dave (09:10):
Yeah.
Jerremy (09:10):
Trump was in office during the tariffs.
Both of those times, the market hadthe fastest, big as quickest selling.
It's had since 2008.
Oh, really?
Yeah.
Whatever the next one is.
Yeah.
There'll be another, it willbe under Trump's presidency, so
it'll be in the next four years.
Um, and it'll be something with asingular or double syllable word.
(09:35):
Um, and it's probably gonnabe related to real estate.
And I don't know what it is right now.
Yeah.
I really don't.
Dave (09:40):
Yeah.
Jerremy (09:40):
I'll know about when I hear it, when it comes, starts coming up on the
news where I'll like, oh, this is it.
It won't be like stagflation,it won't be that.
It'll be something else thatpeople haven't really been
extremely familiar with.
Because again, the tariffthing was kind of new, right?
That hadn't been really talkedabout from a presidential
standpoint in quite a while.
And then obviously the COVIDcoronavirus, that was brand new.
And when I say brand new, I mean that wasbrand new from the stints of, obviously
(10:02):
virus has been around forever and that hasalways impacted the markets negatively.
But that one was obviouslyunique and individualized.
So the next one, I don't knowwhat it is, but that'll cause
a nice big steep decline.
And that probably will be twoand a half, three years from now.
Because after that happens, we'llget a rally out of that as well.
So that Trump can, put his haton a high horse after we finish.
(10:24):
'cause wants real estate prices to goup and wants the stock market to go up.
But as of where we stand rightnow, it does look like we're gonna
continue to slowly have this trainand this party continuing because
we right now have done only.
Bullish things in the market.
Well,
Dave (10:40):
reality doesn't touch the market.
April, I mean, reality, like nonumber, no news, no rationality.
You know, like there's no rationalinvestor who looks at prices right now
and have, you know, like it's not tiedto anything that a company does, like
it just, it's just up across the board.
(11:02):
You're right.
I mean there's going to be some excusethat begins the cycle of profit taking.
There has to be.
And so whatever that is, that'llbe like, okay, this is, you know,
like we're going to get into.
Profit taking, correctionland and Yeah, I know.
Mm-hmm.
You will be the first person to belike, oh, time to put it back in
your piggy bank kind of time, so.
(11:22):
Mm-hmm.
You know, if you're listeningto this podcast, make sure,
you tune over to, to what Mr.
Newsom's doing over on his other platformsand being like, oh, this is happening.
You're like, okay, then payattention because it is and yeah.
Well,
Jerremy (11:35):
I'm gonna bring it over into here as well for sure.
Because I wanna make sure thatpeople, you know, who listen know.
'Cause I think politically one of thegreatest, misfortunes that we have in
this country is that individuals are notsuper, super dialed in on their finances.
No,
Dave (11:53):
I wasn't until I met you.
Jerremy (11:55):
And again, just, you know, truthfully Right,
it's not taught in schools.
Yeah.
It's not championed, it's not talked aboutfrom a place of high level intentionality.
Like Trump isn't telling peopleon a daily basis, Hey, I hope
you're having a great day at work.
Whatever money you make, take 10%put into the stock market, save it.
(12:16):
Look at your budget, understand how muchyou're spending on beer, food, wine,
cheese, diapers, uh, and figure out isthere a way that you can cut back on some
of that spending for a period of time soyou can put more money into the markets.
Yeah.
Like that, that should be somethingthat the higher levels are champion.
Mm-hmm.
Uh, championing.
And we're just doing a, abad job at that as a country.
But that's something that I thinkeveryone's aware of and that's something
(12:39):
that I ultimately do want to not onlychange, but Correct and also solve is
just the vulnerability of the Americanpublic from a financial standpoint.
We just really are way toooverextended and that can be solved.
'cause if you solve a lot of the moneyproblems in this country, you solve.
(12:59):
Most problems in this countryfor the American public.
And I think a lot of that's done justagain, through education, through
awareness, through intentionality.
Dave (13:07):
Before we wrap this up, I had a multi-hour conversation with
one of my best buds a few days ago.
And he's very much on the left.
He, is very much in this generalmalaise and an opportunity for us
to connect and connect for hoursbecause, you know me like I have kind
of nuanced views on things and it'snot all left, it's not all right.
(13:31):
And it's like, okay, this ishow I'm thinking about it and
let's peel out the emotions andactually talk about things again.
And so I was talking to him and he wasnot feeling good about the administration,
the direction of the country.
And, you know, like everything,everything was wrong.
And I'm like, Hey.
Back up a little bit.
We are, regardless of everything that'sgoing on in this moment of history, we
(13:55):
are actually the safest we have meaningthat there is actually fewer people dying.
There's more people getting healthcare.
There's more people getting wealthy,you know, coming out of poverty.
There are more people who aregetting educated than at any
other time in human history.
There are so many things that we have doneright over the last hundred years and over
(14:19):
the last 10 years than we've done wrong.
And we don't talk about any of the right.
We talk about all the wrongthings that are going on.
Like we have so many things to celebrate.
And I'm not just being like thecrazy optimist, like sometimes I am,
I am really like, Hey, there are somany good things that are going on.
Can they be better?
Of course that can be betterbecause that's who we are.
(14:39):
And he started to feelbetter about things.
It's like, yeah, If somebody is likeracist problems first, like they wear
racism on their sleeve and everythingand they see the world through a lens
of racism, then all there is is racists.
And my belief is that, if we keep onwatering negativity, if we keep on
(15:04):
watering that plant, it will grow.
And there's something to be saidabout stuffing things, putting things
away, not talking about things.
There is actually a beauty of itbecause it creates an environment
where the in crowd, your groupisn't talking about these things.
And if you juiced it,stand up and say, Hey.
(15:25):
Everything's racism.
People will look at melike, what are you crazy?
And that actually lowersthe temperature on things.
And it, it gets back to this world ofjust norms and frankly shaming people.
Like, Hey, like that's alittle racist, you know?
And you can insert anything in that.
Like if everything is wrong and youpick your, you pick your poison.
(15:46):
We can talk about it reasonably, but ifit is like the world is ending because
of this, then you're just wateringthat and you're gonna get more of that.
And that is all you're going to see.
That is Dave's last rant for the day.
Jerremy (15:59):
Your perception is your reality.
Your thoughts become things andyour words become worlds, ladies and
gentlemen, that's absolutely correct.
If your energy is currency, investinto what brings you alignment,
brings you happiness, brings youpeace, and we hope that we were
able to do that for you today.
Create a smile, create a new thought,create a new intention, create a new
(16:20):
belief, a new perspective, and we aregonna continue to solve the problems
of this great nation, of this greatcountry just by learning, by having
conversations, by having discussions,by having open-ended thoughts, feelings,
revelations, ideas, so that we can notonly champion your voice, but that we can
(16:40):
create a truly remarkable, prestigious,powerful, and prosperous platform.
Thank you everyone for listening.
Thank you for tuning in.
We will see you on the next episode.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Cardiac Cowboys
The heart was always off-limits to surgeons. Cutting into it spelled instant death for the patient. That is, until a ragtag group of doctors scattered across the Midwest and Texas decided to throw out the rule book. Working in makeshift laboratories and home garages, using medical devices made from scavenged machine parts and beer tubes, these men and women invented the field of open heart surgery. Odds are, someone you know is alive because of them. So why has history left them behind? Presented by Chris Pine, CARDIAC COWBOYS tells the gripping true story behind the birth of heart surgery, and the young, Greatest Generation doctors who made it happen. For years, they competed and feuded, racing to be the first, the best, and the most prolific. Some appeared on the cover of Time Magazine, operated on kings and advised presidents. Others ended up disgraced, penniless, and convicted of felonies. Together, they ignited a revolution in medicine, and changed the world.