a little bit more about what happened when Hitler just said well how about we're not paying back the rest of the world ever so we're just defaulting. We're going to create our own money. We'll just act like that debt never happened. Somehow that worked didn't it? I don't know my history well enough to know if I'm talking crazy. Am I talking crazy?

How many of you are aware again if somebody sees this out of context they're going to say I'm praising Hitler. No I'm not praising Hitler. I'm simply looking at one historical precedent of debt ignoring and asking you didn't that work out really well for Germany or is it because they invented their own currency but we wouldn't really be able to do that? Is there something that would prevent us from doing the same thing now? Keep in mind defaulting on your debt to every reasonable person sounds like the worst case scenario but it's not because it's not worse than having a debt you can't pay back. Yeah at least Germany gave itself a chance. I mean it squandered its chance by starting a war and a holocaust but I think we're rapidly going to be in a situation where some politician is going to say out loud we're never paying this back and then what happens? I don't know. There's some possibility that all we have to do is not pay it back.

Let me say this again. If you have your money if you have any of your money in government debt that was extra money do you know what I'm saying? I have a lot of investments. I have a little bit in the state of California bonds just a little bit like maybe 2%. Now suppose California just said you know what we're not going to pay back any of our bonds. I'd be like what are you kidding me? I put some serious money into those bonds. But then I would look at my total portfolio and go oh well this serious money but it wouldn't change my life if they never paid it back. I would just go on. I wouldn't even notice really.

Now who makes these who exactly are the people who have invested all that money in