Cognitive Dissidents: Ping Pong Politics, Sovereign Debt Rattle, & The Donald & Elon Show
Geopolitics & Empire
Geopolitics & Empire
4.2 • 570 Ratings
🗓️ 8 June 2025
⏱️ 83 minutes
🔗️ Recording | iTunes | RSS
🧾️ Download transcript
Summary
On their monthly roundtable, the Cognitive Dissidents discuss the financial collapse, the kabuki Trump and Musk theater distracting from the technocratic Palantir takeover, and more!
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Websites
Parallel Systems https://parallelmike.com
Monica Perez Show https://monicaperezshow.com
About Parallel Mike
Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency.
About Monica Perez
The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle.
Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate’s degree from Rockland Community College, a bachelor’s degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.)
Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez.
*Podcast intro music is from the song “The Queens Jig” by “Musicke & Mirth” from their album “Music for Two Lyra Viols”: http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Cognitive Dissidence. |
| 0:17.9 | This is Monica Perez of the Monica Perez show. |
| 0:22.1 | Herway of geopolitics and empire. |
| 0:24.8 | And Mike of Parallel Systems Broadcast and the Parallel Mike podcast. |
| 0:29.0 | And actually, I want to start with you, Mike, because you've been doing a lot of work on something that has been all over my mainstream feed anyway. The, what looks to be a very wobbly |
| 0:42.2 | sovereign debt situation, the U.S. yet again, downgraded by Moody's. I don't know how big a deal it is. |
| 0:48.8 | And sometimes I don't over worry, but when it's on the front page of the Wall Street Journal, |
| 0:53.5 | a couple of days in a row, I got to wonder what's going on. So can you tell us it in a nutshell and then I've got some questions for you? Yeah, for sure. You know, it's interesting, isn't it, that now we're starting to see the mainstream media talk about things like a financial reset or a bond market collapse. Just a few years ago, when I was talking about things like that, it really was fringe. |
| 1:14.5 | You know, if you were saying that stuff, you was a crazy nut job conspiracy theorist. |
| 1:18.4 | But even Jamie Diamond of JP Morgan this week said that he expects the American bond market to crack. |
| 1:26.7 | And the other strange thing is you've got Scott Besson coming up, |
| 1:30.3 | constantly defending the US saying, |
| 1:32.1 | we're not going to default. |
| 1:33.0 | Just the fact that you've got to say we're not going to default tells us that something |
| 1:36.0 | serious is going on. |
| 1:37.4 | So I'm not sure if the pre-conditioning people, |
| 1:39.5 | but in essence, |
| 1:40.4 | the bond market is starting to go through some serious problems. And I think the most important thing for people to realize is that the bond market is starting to go through some serious problems. And I think the most |
| 1:45.7 | important thing for people to realize is that the bond market is the financial system, particularly |
| 1:50.9 | the sovereign debt. That's like the base layer of everything. So you've got the sovereign debt, |
| 1:56.0 | and that's how the Ponzi scheme works. You've got to keep adding more debt to pay for the interest and the capital on the old debt. |
| 2:04.0 | And then the new debt is, of course, made up of more debt. And it just goes on and on. |
... |
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