The $340 Trillion Time Bomb in the Global Economy

Most people still think the market is rational.

That prices make sense.
That someone smarter has already figured it out.
That the system is working the way they were told it works.

But what if that’s no longer true?

In this episode of The Catch Window Podcast, Omega Stallworth sits down with former Fidelity large cap growth manager and hedge fund founder Chris Galizio to break down the $340 trillion debt problem, why modern markets may be more broken than people realize, and what happens when price discovery disappears.

Chris explains why he believes investors are no longer competing against people… but against passive flows, quant systems, and bots. He also shares why confidence, physical discipline, and independent thinking matter more than ever if you want to make sound financial decisions in a distorted system.

You’ll learn:
• Why Chris believes the market is no longer truly “thinking”
• The hidden problem behind the $340 trillion debt system
• Why so many stocks may be priced on narrative instead of fundamentals
• What passive investing and bots may be doing to price discovery
• Why confidence and physical discipline matter in high-stakes decision making
• How to think for yourself when the crowd keeps getting it wrong

If you're trying to better understand markets, wealth, investing, and the mindset required to navigate uncertainty, this conversation will challenge the way you see money and opportunity.

Because when the Catch Window opens, clarity and courage matter more than consensus.

Connect with Chris:
LinkedIn: Chris Galizio

Connect with Omega:
Instagram: @omegastallworth
LinkedIn: Omega Stallworth
YouTube: @TheFitnessEmancipator

Subscribe for more conversations on business, discipline, health, mindset, and seizing opportunity.

Tags

#investing, #wealthmanagement, #debtcrisis, #marketcrash, #stockmarket, #passiveinvesting, #quanttrading, #hedgefund, #fidelity, #financialfreedom, #moneygame, #economy, #marketmanipulation, #priceaction, #fundamentalanalysis, #businesspodcast, #entrepreneurmindset, #omegastallworth, #catchwindowpodcast, #wealthbuilding, #financialeducation, #investingstrategy, #hardassets, #silverinvesting, #goldinvesting, #macroeconomics, #markettruth, #highperformer, #discipline, #mindset

Transcript

SPEAKER_00 0:00

Welcome to the Catch Window podcast. Who do we have the honor of being blessed with today?

SPEAKER_01 0:04

Chris Galizio. I'm a former large cap growth manager at Fidelity. I ran a hedge fund called Focus Capital. I wrote a white paper recently about the $340 trillion problem that I think we're all dealing with, which is the debt in the system, which is kind of untapped. And then I decided to make a movie about it called Money Game, which is we just released in uh March, and we've won six best film awards from Boston International, New York International, DC International. So I'm kind of excited to talk about it.

SPEAKER_00 0:30

Heck yeah. All right, guys, we got a professional on our hands here. So the new viewers, right? The Catch Window podcast is all about two worlds kind of colliding, right? In the sports world for football, you know, whether you're a receiver or a running back, right? Catch window is an opportunity to play on the ball, whether it's for a touchdown or a big game, a game that you're playing. And I feel like it's very similar in the world of business and money management, right? There are windows of opportunity that can be seized. People miss these opportunities for various reasons, whether it's not being mentally, physically, or financially prepared, or just not being ready to seize the moment that's in front of them. Um, we obviously have someone with us today that did just the opposite of that, seize the moments and have been successful. And so we're here to kind of learn a little bit more from Chris. Uh Chris, thanks for coming on. Thanks for having me on Megan. Of course, of course. Uh, first thing I always like to ask, you know, Chris, you know, there is an opportunity. There's business, whether it's an ability to raise capital on the table. What would you say is the main factor in being able to actually seize that and and make the most of the opportunity? So stop listening to anyone else.

SPEAKER_01 1:30

Listen to yourself, be confident. The end of Money Game, um, which is the movie I just made, you see a lion, that's you. We believe the market is no longer thinking. And you have an opportunity today, if you think for yourself and see what you see, because I believe that the market has completely uh shifted from people making decisions to a bunch of bots. It's all it's all passive and quant now. And if you understand, if you see an opportunity, believe in yourself and take advantage of it. There's never been a better time because you're you're basically competing against a bunch of dumb bots today. Powerful stuff.

SPEAKER_00 2:04

I love that. Love that, man. The lion. Whoo! Man, I kind of I mean, I mean, I love that that symbolism. What went behind one deciding that?

SPEAKER_01 2:13

Sure. So um, throughout money game, you're gonna see all the animals from the ecosystem. Because the point of the movie is that when the Fed intervened in bond markets, quantitative easing, they broke the ecosystem. So we tried to do is we try tried to add a bunch of symbolism into the movie. So you're gonna see the lion, which is active managers, which are basically extinct. You're gonna see a rhino, it's in rhino coin. It's gold, and it's not quite a dinosaur yet, right? You're gonna see uh algorithms, which is wildebeest. You're gonna see cheetah coin, which represents crypto. The one animal you'll never see in a money game is the elephant in the room. It's the elephant, because our lead character James, who's the real economy. So the point of the movie is that the entire system is broken and misallocating resources, which slows the real economy, which is our lead character, James.

SPEAKER_00 3:01

That is so awesome. Wow. When it comes to becoming the lion, being the lion in this in this new arena and how the game is now played, what would you say goes into that? Like what is the composure or the mentality someone needs to have to succeed in that? So stop chasing the market.

SPEAKER_01 3:17

The market isn't the leader, isn't the master. You are. You're the only one that matters when you're making a decision on a stock. You're the only one that matters. The market doesn't matter. So if you're looking at a stock saying, hey, this is three times earnings, I'm gonna yield of 33%. So you flip it, one divided by three. Three times earnings is basically building in an internal rate of around 33%. If you see that, believe that the market's completely broken. In in money game, we talk about it as it's a bunch of the lions have been eaten to managers. It's a bunch of followers, quant, following followers, passive. It's like a cat chasing its tail. So if you if you once you understand that there's no price discovery in markets anymore, all that's map happening today, Fed prints money, flows to the index, the index goes up. The reason we came up with money game was because we wanted to create lines. So once you understand that there's no one else thinking out there, if no one else is thinking, then if you think you're you're you essentially have a have a crystal ball, right? Because nobody's thinking. So stop believing that the market is pricing in companies like Palantir or Tesla. What you're seeing doesn't make sense, right? The opening quote in money game is the task is not to see what no one else sees, but to think what no one else has thought about that which everybody sees. Because everyone's seeing companies like Tesla trading at $1.4 trillion. That is a massive number. Now, Tesla, I believe, earned about $1.4 billion last year. So think about it. 1.4 trades at $1.4 trillion. That's a thousand years. So would you really invest, would you really buy a company that you're gonna get your money back in a thousand years? You'd laugh at me and say no. Well then don't buy it. Right? Another example of that is a company like Boeing. Boeing has lost 10 billion every year since 2017. It's like negative 10 billion, negative 10 billion, negative. If I asked you a if I asked a 10-year-old, how much would you pay for the right to lose 10 billion a year? The 10-year-old would laugh at you and say, zero. Be confident, that is the right answer. Do whatever these hedge fund managers, because they don't understand it. The hedge fund managers and the portfolio managers themselves are stuck in groupthink. Professor Gardner will raise the book, The Efficient Market Thesis. He laughs, he throws it in the trash. He says, smart people thought the world was flat once too. Markets are not efficiently priced today. Markets, most of most of stocks don't make sense, but there's certain stocks out there that make enormous sense. So be your own person, be your own man. And that comes back to athleticism. Like, I mean, if you're running back and you see a hole, you have to just believe it at that time, say, boom, that's my hole, gone. Take it. So that's my advice to you guys.

SPEAKER_00 6:01

100%. I love that. I love that parallel too. And that's it's funny that you said that's exactly where my mind was going when you were saying that. Uh, and I love using the lion as that symbolism, right? The the boldness, the the courage, and even a little bit of that ferocity, knowing that this is the right move, this is the right decision, and kind of going for it. And it's so much parallel in sports performance and physical preparation in general, of understanding that this is the right way, I'm gonna do it this way, and being able to see so far beyond what what the common thing is or the thing that everyone else is going with, and being able to say, most people may think this, most people may go with this, but this is the right way, and I'm gonna I'm gonna go for it 100%.

SPEAKER_01 6:38

And once you realize that it's not even people anymore, you're competing against bots. So they're pricing stocks that don't make sense. So you do think I have a company that that's reporting today is Nexa Resource. It's a $1.5 billion company. They produce about 11 million ounces of silver a year. 11 million ounces, silver price is around 100. So that's 1.1 billion, and they that's a tax, that's a credit they get for that. It's a um it's it's it's a byproduct uh uh resource. Most of what they produce is copper and lead and zinc and stuff like that. So silver is a byproduct. So think about $100 times 11 million units. That's $1.1 billion that should fall right to the bottom line. That's profit. Stock trades at 1.5. So if you see it, stop believing that the market is pricing it because it isn't. When you see things like that, take advantage, buy them. So all I'm trying to do is give you guys the confidence to, when you see something, stop believing that other people know more than you do. Stop believing that the market's pricing it. In Money Game, you're gonna keep seeing that James is the lead character. He represents the real economy. Bryson is the villain in the movie. Bryson's the CEO of the next big thing. It's like Snapchat, TikTok, all these companies that lose money. James keeps asking Bryson, he says, How does your company make money? And the answer is his company doesn't make money, right? 35% of the S P 500 are zombie corps. So what's the value of a company that doesn't make money? The answer is zero. So so James isn't asking Bryson, how's your company make money? What he's asking is the audience, how long will you tolerate tolerate a system built on lies? Like, think about think of all the lies we're seeing in in the markets. We have we have $38 trillion in debt. All of finance is based on the fact that that debt is risk-free. If your uncle Sam owed you $38 trillion, is that risk-free? And the answer is no, it's not. Because they're taking it for you from through inflation. So they've built all of finance, starting with a lie that bonds are risk-free. Bonds are not risk-free, they're just taking it free from you through inflation.

SPEAKER_00 8:41

Wow. Man, that is powerful for kids. As I guess as people take on this new perspective of understanding what's really going on, what do you what would you say is kind of the mentality you need to have to really navigate this arena, having this truth and wanting to make the most out of this? Like, what is that mentality that someone needs to have in order to be successful in this?

SPEAKER_01 9:00

So stop using price um to dictate everything. Um throughout history, um, we've um they've used price and they've they've they've manipulated prices. And here we are, again, manipulating prices. QE by itself is manipulating the the bond rates, right? That's the money game. Think about this. Um, and we talk about this in the movie. All of finance is based on one formula, the value of a dollar paid annually. If interest rate, and all you need is that the only thing you need is interest rates. Okay, so if a dollar paid annually, what's it worth? Well, if interest rates are 10%, it's one divided by 10%, $10. If interest rates fall to 1%, now it's $100. If interest rates go negative, all assets are worth infinite, right? In the movie, he says my coffee is worth infinite, my desk is worth infinite, my whiteboard is worth infinite. Does that make sense? And of course it doesn't make sense. So because they're manipulating interest rates, right? So in Money Game, we use interest rates at the time of the movie. We should be using real rates, not nominal rates, right? But even at the time of the movie, interest rates were 0.66%. So it's one divided by 0.66. Professor Gardner says, who here would give me $152? It's one divided by 0.66 if I give you one dollar every year for the rest of your life. Um, dumbest kid in the in the in the class stands up and says, Hell no, we'd all be dead by the time we broke even. Professor Gardner says, correct. In other words, don't buy it. There's no why would you buy why would you pay $152 if you're never going to get paid back? And that comes back to Tesla or Boeing or all these companies that that lose money. Those companies, in fact, so the tagline of money game is don't get played. Why? Because you're not investing in these companies. You're providing the financing. Right? Boeing doesn't make its money from selling planes, it makes its money from selling shares. You should watch the share count go up every year. Right? They have a tremendous amount of debt. Their shareholder cat shareholder capital is negative, but it's not just Boeing, it's 35% of the SP. And so I believe what's happening in this assistant, when the Fed intervened in bond markets, they broke the ecosystem of capitalism, which is, by the way, the biggest quote in the entire movie. Professor Gardner, um, the theme of the movie is capitalism requires risk to allocate scarce resources. And Pressor Gardner will say, what would happen if we remove risk from capitalism, uh quantitative easing? One of the students will say, Well, the gazelle population, passive investing, would explode, right? Right now, passive is 80% of the market. Between passive and quant, it's probably 85-86% of the market. Then the next student says, but then they'd be competing for scarce water resources and die off inflation. Professor Gardner says, correct. And when the Fed intervened in bond markets, they broke the ecosystem of capitalism. It's no, this is no longer capitalism, right? Capitalism requires risk. So when if they're intervening in markets, uh changing price discovery, then it's not capitalism. And so so what you're what you're now doing is you're getting played to provide the financing. And by the way, the entire globe is getting played to provide the financing for US business. And that is a pretty big topic. That's why I made the movie.

SPEAKER_00 12:05

Wow, that is that is a serious topic and uh something that obviously most don't know. You know, when you talk about kind of like even just your past successes and the things you've learned over time and the success you had with your own hedge fund, when it comes to like whether it's clientele or just get getting this information out and teaching people, how do you I guess how would you go about that?

SPEAKER_01 12:26

You know what it's it the system right now is a is a sales system. So think about everything they do. There's these factors, right? Um, there's 10 factors that are being used. There's ESG, all these things that don't seem to make any sense from a capitalist perspective. A capitalist, all I want to do is say, okay, I'm gonna invest a million dollars. How quickly do I get my money back? That's capitalism. I don't know what ESG has anything to do with that, right? I don't know what factors have anything to do with that. By the way, they're also telling you should diversify right across every sector. Why? Because it's a financing system, right? So it's a they want you to finance the entire economy, they don't want you just to finance certain sectors, which which get which get Warren Buffett would tell you, um, if you have all you really need is eight to ten stocks. I don't necessarily believe that, but I do believe that all you really need is 30 to 50 at the most, right? So um stop getting played and investing in passive or quant. Um, once you understand the markets are broken, you're basically holding a crystal ball because everyone else believes that markets are efficient. So if you don't and you're seeing something, believe what you see and take advantage of it.

unknown 13:36

Wow.

SPEAKER_00 13:37

Yeah, that's good. That is so good. Yeah, man. I mean, you know, I I think of all the knowledge that you've kind of laid out, and there's obviously so many people who just aren't aware and don't know. Um, and back to kind of like I always talk about that window of opportunity in business. Like when you think about everything that you now know and and how most people invest and look at investing and everything like that. How would you describe, I guess, that window? Would you say it's a small window of opportunity? Did you say it's a great window of opportunity? How do people miss this window based off you know all the knowledge you have?

SPEAKER_01 14:11

So on the one hand, they've been manipulating interest rates. So I would have argued that in 2008, you were living in a capitalist system, right? Then we had the financial crisis. They stepped in with all this quantitative easing, which they haven't, they've continued on. I remember in in 2019, the repo market spiked. Interest rates went from 2% to 10%, right? And so we we actually talk about that in the movie. Um, that the Fed stepped in and they bought every single bond. Because if interest rates really did go from 2% to 10%, stock markets should be down 80%. And they couldn't allow that to happen. So they stepped in. So everything was prices went through the moon. So the companies like Snapchat or TikTok or whatever they were went to the moon. Uh Tesla, right? There's another side of that market though, which is companies like the silver stocks is a perfect example, right? So they're manipulating price discovery on bonds, which by the way, professional in the movie we'll say stocks, bonds, and cash are all massive bubbles. Notice cash. How can cash be a bubble? Because cash is a derivative of bonds. If the bonds aren't payable, then your cash is worthless. So what money game really is, is a um is a sovereign debt crisis because the crises keep getting bigger and bigger, right? In in 1998, we had the tech crisis, small little sector. And in 2008, we had the financial crisis, much bigger thing. Now we're at this the sovereign debt level. One of the quotes from the movie is when the government assumes all the risk, it's the currency that's at risk. It reminds me of a scene from Superman. Lois falls out the window. Um, Superman dives down and saves her and says, I've got you. And Lois says, Yeah, but who has you? In other words, what are you backed by? Is the government isn't backed by anything. And so they not only were they manipulating interest rates, but they were also manipulating gold and silver prices. So they manipulated silver prices all the way down to $12. Now notice that silver prices have had popped. Now they're at 90. Why? Because we're getting a repricing. China actually has we're in a um in a financial war between us and China. And China is basically wants to reprice all these things like silver. So what they do is they cut off exports of all silver, which by the way is 70% of the world's exports. So now COMEX has been working off of a fractional reserve currency uh status. In other words, they're hoping that most people won't ask for their silver. But if everyone asks for their silver at the exact same time, they can't deliver it. Same as our banking system, right? So what we're really trying to point out is that you're in a sovereign debt crisis. During a sovereign debt crisis, governments manipulate interest rates, um, but the currency gets impacted and you cause a tremendous amount of inflation. So what you should be buying in in a situation like this is real assets. And it doesn't matter shipping, gold, silver, copper, oil, um, but real assets. And that's and by the way, real assets are at 120-year low. Another thing we pointed out in the movie is that during COVID, unemployment hit 33% and stocks went up. That has never happened in history. Why? It was easy money from the Fed. Fed started printing money like crazy. Money supply went from $16 trillion to $21 trillion in a year, and that's what sent the stocks up. But that also shows a manipulation. So the entire system's being manipulated, you're in a sovereign debt crisis, you should be buying hard assets.

SPEAKER_00 17:33

That is, yeah, that's and the inside, it's just next level. And I and I think of you know, just based on everything you're saying, I mean, when we look at how business is done, especially from the money management standpoint, I how do you feel like people should go about that just based off this obviously how the stuff really works? You know, people who are just realizing this.

SPEAKER_01 17:52

So so um most people use the 60-40, they use 60% bonds, I'm sorry, 60% stocks, 40% bonds, right? The 40% bonds, if you if you know the debt is not payable, which it isn't, that's the $340 trillion white paper that I wrote, right? Debt's unpayable. If debt's unpayable, well, that that that money has to flow. So um think about the uh the sizes of the market. If the bond market's 340 trillion, the stock market's 100 trillion, um, all that money has to flow into something. If if you know the bond that that 340 is unpayable, then you have to buy something below it, whether it be stocks, which is now in a bubble, um, and then you go into gold, which is probably 20 trillion, then you go into Bitcoin, which is probably 4 trillion, and then silver is about a trillion. So all that money has to flow into the lower parts, and that's why I think you're about to see explosion of real assets. It's basically Weimar. Um the US is very so Germany lost World War I. In 1922 or 1923, the French were looking for reparations. They wanted to get the reparations from the Germans. So they sent into uh Rohr Valley, which is where the industrial part of Germany is, and they basically seized it. The workers uh basically quit because they said, well, we're not gonna work if we're if we're being um invaded. And so the German um Reich Bank continued to pay the employees. Where'd they get the money? They printed it. So, and that that's what caused the eventual um devaluation of the of the Reichmark of the of the mark. Right? We're seeing the same type of situation today. US has tremendous amounts of debt. We had COVID, they printed money. We have we have 38 trillion in debt, and then 100 more in entitlements. And so that's kind of like the reparations from Germany from 1923. So that's why I think we're in a sovereign debt crisis. The second biggest quote in the movie, Professor Gardner is gonna say, Von Havenstein, the head of the German central bank, had a choice print the money or trigger the revolution. And that's the situation that I think we're in now. Once the Fed stepped in to quantitative easing, it's like a hotel California. They can never leave. They can step in anytime they want, but they can never leave. So they're gonna have to print the money or trigger the revolution. And when they print the money, it's gonna devalue the dollar and send hard assets up.

SPEAKER_00 20:08

That is so amazing. And I feel like the movie conveys so much of this. Um, I even like the aspect of the movie that takes place here in COVID. And I know you mentioned COVID a little bit and about you know the impacts that that it kind of had on the stocks and everything. Um, do you do you feel like, I mean, just based off the movie in this setting, do you feel like you know, mental, physical health, even financial health, right? Like, and I think of financial, I think of kind of like knowledge, right? Like the knowledge of how it works. Do you feel like that kind of impacts people's outlook on this stuff and how they manage the money in stocks?

SPEAKER_01 20:39

100%. You actually have to stay physically fit because it gives you confidence. And this is the time that you need the confidence, right? I mean, it's just for yourself, for your well own well-being, but you have to stay in shape. You have to feel confident that that no matter what decisions you make, and there's a lot of them that are really going to impact your life these days, that being both mentally strong and physically strong are both linked together. No question.

SPEAKER_00 21:04

I love that. I love that tie, especially the mental and acuity and focus. I think that comes with that. And and I love that, I love that tie and the confidence. You know, I even I haven't really thought about it that way. The way that self-confidence leads over into all the different things you do. And just based off just what you've been saying, right? I think a lot of this takes a lot of self-confidence understanding. Like you're in a race against bots. You're no, this is no longer you versus other people, other humans, right? This is where you have the advantage to use your own mind to trust what you see and go with it. I think that's super powerful.

SPEAKER_01 21:35

You have to understand the the bots aren't thinking. Once you understand that the rest of the market isn't thinking, you hold a crystal ball. Wow. You're one of the few people out there that's thinking. Everyone else, tuck tuck. If you think, look at Bill Ackman, he's the big hedge fund manager in New York. They all believe markets are efficient. So I would say shift your lens. Stop believing that someone else is pricing it. The only one that matters is what you and what you buy. Forget about the market. By the way, that's speculation. If you're hoping someone else is gonna buy it behind you, well, that's speculation. You're not investing anymore, you're speculating. Look for cash flows that are mispriced. Again, from the movie, President Gardner's first thing he says: finance is the simplest subject you've ever learned. There's nothing easier than finance based on one formula. The value of a dollar paid annually. It's one divided interest rate. So if your company earns a billion dollars, let's do Tesla. Tesla earned $1.4 billion. We know there's some issues around Tesla in terms of they're losing their subsidies. So I would argue that they're um that and you're also seeing all the other companies get rid of EVs because they're saying they're not profitable. So they lost their subsidies. If they earned 1.4 last year, let's just assume it's only 1 billion. So what's Tesla worth? Let's say if we put a 10% interest rate on, it's 1 billion divided by 10%, it's 10 billion. That's what it's worth. It's not worth 1.4 trillion. The rest is all just made up. I think what you're seeing is it's narrative, right? I think people are just building a narrative. And I also think the reason, think about this. This is a big, this is a this is maybe a little bit hard to understand for most people. I think what's happening is everything is working opposite of fundamentals. Price are working. If you talk to Grok, and I've done this, or uh Chat GBT, if you say um if let's just assume 100% of the market is passive, 100%. If a company issued shares and the share count went from 100 million to 110 million, wouldn't that force the passives to buy at the quarter? And um Grok will come back and say yes, because they have to match the index. So I believe what's happening is companies like Tesla are issuing shares, which is forcing the passives to buy and sending this at the quarter, which sends the stock price up. It's not because they're beating expectations, it's because they're issuing shares. So stocks are moving right now, in my belief, for the wrong reasons. They're it's a financing system. They're they're they're going up because they need capital, right? And so the the reverse is also true. If a company buys back shares, say their share count went from 100 million to 90, it would force the passives to sell at the quarter. So everything's working opposite of fundamentals, in my view. The closing quote money game from Professor Gardner. So every character has to have an arc. So he starts out as a community college professor, nobody's listening to him. He ends up running the money game podcast when he has millions of listeners. And his final quote in the movie our system's broken. It's clear now that money printing sends asset prices up. What's less clear is it also slows the real economy as we misallocate resources. Now we have two different economies, the financial economy and real economy that no longer work together. Money printing doesn't create wealth, wealth is created by all your hard work. So I believe everything's working in reverse of fundamentals. And that's why it's more important than ever to take control of your own financial destiny. Get rid of these financial gurus or these people who don't, because they're all salespeople. There's no fiduciaries anymore in markets. All you are is more income for them. Right? So there's no fiduciary that would that would pay $1.4 trillion for Tesla. There's no fiduciary out there because there's no way to get your money back. Right. So I would argue take take command of your own financial situation and stop listening to all the sell side and the brokers and all this other stuff. Jeez.

SPEAKER_00 25:31

Well, you know, just everything you're saying, especially now, just I think all this truth that's being dropped. I think of like all the the listeners, all the people out there, the the younger people getting into whether a similar, you know, profession like yourself or just wanting to kind of take control of their finances, like what you're saying. What do you think they should focus on more? Should that should they focus on strategy? Should they focus on, you know, kind of like we mentioned, more of their you know, physical performance, like getting your your body, your mind, getting all these things can alignment, or is it some combination of both? What would what would you say to that?

SPEAKER_01 26:00

Definitely a combination of both. Uh, you actually have to get out there and sweat. I mean, I I think the athletes are the best people to hire because they've been through it. Every one of them has been rejected, every single one of them. Michael Jordan got cut from his basketball team as a sophomore.

unknown 26:15

Right?

SPEAKER_01 26:16

Tom Brady was a sixth-round pick. Right? Um, so so don't ever believe that you're done or you're too old or whatever else. Just do it. Just have the confidence in yourself. Stop believing all the consultants, stop believing all the experts, stop believing any of these institutions because they you keep seeing that they're not competent. Right? All these that so just you have to take your financial reins for yourself and think for yourself and uh make your own decisions. Part of that is just working out, sweating, grinding. It's everything you've learned as an athlete throughout life to make yourself a better person. That's good stuff. That's what sports really teach you. It's how to be a better person.

SPEAKER_00 27:00

100%. I love that. I can relate to that, man. Getting up early when you don't feel like it, working late when you don't feel like it. All the all this work, you know, for just one moment, one game, all the preparation that goes into that. I I a hundred percent agree. The kind of mental toughness, physical toughness that it builds, I mean, it it prepares you for exactly what you're saying. Something like this, where you got to really understand that no one's coming to save you. Your financial destiny is in your own hands and in your own decisions, and take confidence and be excited about that and take control of that. I think it's is is super amazing. Powerful stuff really is man. You know, I think about everything you're saying and just like this wealth of knowledge that you now have with your outlook and the things that are on your horizon. Do you have any, I guess, big goals or big objectives, big things you're looking to continue to grow in or accomplish?

SPEAKER_01 27:50

Um I mean, so I'm I'm working on a couple of financing deals. I'm I still do kind of investment banking on the side. And so I'm working on a couple of big financing deals to then go ahead and um build some projects. Um, so I've met some people, I've developed some connections, and so now what I'm trying to do is I'm trying to get into gold projects or silver projects or oil projects, and it's a lot of private equity, or it's a lot of private um, you go into a bank to try to raise capital. Uh, so that's what I'm trying to do. I go directly to the bank and try to build a business myself. So I'm not relying on the markets as much as I used to.

SPEAKER_00 28:26

Wow, that's that's powerful stuff. And what are what are I guess what are some of the obstacles as best as you can describe it when you're building your own capital and you're and you're building these projects out?

SPEAKER_01 28:36

I mean, what I'm doing is I'm going through banks. Right now I'm working with Commerce Bank to try to raise money, and it's just so much stuff to fill out. I mean, what I do was I built a bunch of uh spreadsheets. First of all, I had to identify projects, then calculate what types of returns they would be. I did about six of them, and then I presented them to Commerce Bank, and they said yes, and now we're working on some uh terms of the deal and trying to close all the paperwork and stuff like that, but that's where we are. So we will see if all this stuff goes through. But what it was was just believing myself, believing I had great projects, and believing that someone else helped me finance it, and that's the process I'm going through. I love that, man.

SPEAKER_00 29:12

Awesome. Well, Chris, what's what's one more word of advice, wisdom you would leave a kind of just, you know, all of us, all the listeners, all the viewers, younger generation?

SPEAKER_01 29:21

I mean, the biggest thing for me is um be confident. Um, and um, what you're seeing really is crazy, right? The stuff you're seeing in markets doesn't make sense. If something doesn't make sense, stop believing it's true. I've shifted all of my intake in terms of media and stuff like that away from mainstream. Because the mainstream, I believe, is propaganda. I think you're seeing it propaganda in every aspect of our lives. So I've shifted to YouTube. I I get different sources of where I get my information. And at the end of the day, I just believe in myself. Um I see what I see. If you remember in Money Game, the professor turned to the student and said, Who here is willing to give me $152 if I give you $1 the rest of your life? Even that the even that a community college student could see that that didn't make sense. And if you see that it doesn't make sense, don't be gaslit into believing that does make sense. Like some things don't make sense in markets. And so you actually just have to be your own person and think for yourself. There's never been a better time to think for yourself.

SPEAKER_00 30:22

Wow. Great stuff. That's true freedom, right there. Wow, man. Chris, I appreciate all this wealth of knowledge. I mean, it's exanely valuable knowledge, especially in this world. You know, if any of the listeners, viewers wanted to eat more of what you do, find a place where they can listen to more of the stuff that you say. Where's the best place to do that?

SPEAKER_01 30:41

I mean, you can contact me on uh on LinkedIn. I'm there. It's uh it's Chris C H R I S. Last name's G-A-L-I-Z-I-O. I'm on LinkedIn. If you ever want to connect, if you want to ask questions, I'm there. You can also find Money Game on Tubi, on Amazon. Um, again, we won six best film awards. It's hard to win best film awards. We won six. Um, so I think it's a topic that's important. Um and by the way, it's a love story at the end of the day. So it's a fun, fun movie. We've gotten a lot of uh positive accolades, and so that I guess that's where you can find me. Awesome, great. Appreciate your time, Chris.

SPEAKER_00 31:13

Thank you so much.

SPEAKER_01 31:14

Anytime, Mogan. Thanks for having me. Oh, yes.