TRUNEWS with Rick Wiles - Boomerang Blowback: Sanctions On Russia Disrupt Food Supplies

Episode Date: April 1, 2022

Former Russian president Dmitry Medvedev threatened Friday to restrict the sale and export of Russian food and agricultural products only to countries with friendly relations with Moscow. He said Russia will not supply its food products to its enemies. Mr. Medvedev said, “We will supply food and crops only to our friends…and Russia will sell both for rubles and for their national currency in agreed proportions.” That means Russian crops such as wheat will not be purchased with US dollars. He described food as a quiet but ominous weapon in Russia’s battle with Western nations that have imposed stringent sanctions on Russia. Have sanctions backfired on the West? Did the US and Europe shoot themselves in the feet by baiting Russia to attack Ukraine so that sanctions could be slapped on Russia to bankrupt the country? Rick Wiles, Doc Burkhart. Airdate 4/1/22.

The following program is made possible by the faithful prayers and financial support of listeners just like you. To find out how you can help, visit nothing but the truth, so help us God. I'm Rick Wiles. Former Russian President Dmitry Medvedev threatened Friday to restrict the sale and export of Russian food and agricultural products to only countries with friendly relations with Moscow. He said Russia will not supply its food products to its enemies. Mr. Medvedev said, quote, we will supply food and crops only to our friends and Russia will sell both for rubles and for their national currency in agreed proportions." That means Russian crops, such as wheat, will not be purchased with U.S. dollars.

He described food as a quiet but ominous weapon in Russia's battle with Western nations that have imposed stringent sanctions on Russia and hurt its economy. Have sanctions backfired on the West? Did the U.S. and Europe shoot themselves in the feet by baiting Russia to attack Ukraine so that sanctions could be slapped on Russia to bankrupt the country? Doc Burkhardt and I have some thoughts to share with you today on the rising specter of food shortages around the world, including here in the USA, according to Joe Biden. Our president of the United States told the American people this week, be prepared for food shortages.

And that was followed up by Klaus Schwab at the World Government Summit this week. He said the same thing, that there will be supply chain issues and food shortages in the world. Now, up north in the Great White North in Canada, Justin Trudeau is warning Canada of a difficult time and food shortages. He's blaming it on COVID, Rick. But COVID is already dead. I mean, at least it's in a ceasefire right now. But he's warning that food shortages are on the way to Canada. Well, does, you know, do tomatoes have COVID-19 or something? I guess. Are they in the ICU? I mean, watermelons, are they locked up in the ICU? Why does COVID have something to do with food shortages?

They have to blame something other than themselves. That's what it has to do with. Well, it could be his stringent policies, his lockdowns, his draconian restrictions on the freedom of Canadians. Maybe that has something to do with shortages. Or the interfering with the supply chain issues at the border. I mean, there's not a free flow of transportation going back and forth between the

U.S. and Canada to this day. Truckers have to be vaccinated. Are there any places in Canada where there are just thousands upon thousands of sick Canadians just lying around with COVID and they can't work? They can't plant crops. They can't drive a truck. Can't drive trucks. But there are plenty of unvaccinated ones that can't drive trucks or can't work in places because of the vaccine measures. So all these different supply chain issues and food shortages that they're calling it have more to do with the policies that these governments have put in place during COVID than COVID itself. Well, Doc, this is a food shortage is showing up all over the world in the news headlines. Here is Middle East Eye, Russia-Ukraine War, Middle East at the breaking point over food prices, says the United Nations. And then the next story is from Reuters.

And this is based in Great Britain, a cucumber crisis. Right. I didn't know there was a cucumber crisis until today. Well, there is now. This is serious, Doc. Yeah, because it impacts, you know, the UK has limited, you know, agricultural capabilities and everything. And so the gas prices that have been going up have been causing a wave effect across all industries. And it says, with gas prices being so high, it's a worrying time. Grower Tony Montalbano told Reuters while standing in an empty glass house at Royden in the Lee Valley, where for 54 years, three generations of his family have farmed cucumbers.

Now, all the years of us working hard to get where we are, and then one year, you could just all finish, he said. All 30,000 square meters of glass house at his Green Acre Salads business, which supplies supermarket groups, including the market leader Tesco, Sainsbury's, and Morrison's, are currently empty. Montalbano, whose grandfather immigrated from Sicily in 68 and started a nursery to provide local stores with fresh cucumbers, decided not to plant the first of the year's three cycles in January. Why? Because costs are so high, gas is continuing to increase, and this has an effect on agriculture. When farmers can't get out and raise their product, raise their crops,

that means there's going to be no food. Doc, if this farmer, and this is a family in Great Britain that obviously are the kings of cucumbers in Great Britain. They're a major supplier to three of the biggest grocery stores in Great Britain. And they have three growing cycles each year. They did not plant in the first one, which means there's automatically a one-third reduction in the supply of cucumbers for the entire year. Right. of cucumbers for the entire year. But it means for right now, for this season, most likely there are no cucumbers in all of Great Britain except for very small markets, local growers.

That's a major disruption. And that's just one sector of the ag economy. Think about all the various other products, the ag products that are grown. But he's blaming it on rising energy prices. Right. It's not that the cucumbers went on strike. Right. He can't afford to get the cucumbers either to get them to harvest at some point

later because he knows gas prices are going to be up later too. He can't afford to heat the greenhouses. See, the planning was January. Great Britain's cold in January. Those greenhouses are heated with natural gas. He can't afford to turn the natural gas on. Wow. Okay.

The price of natural gas, I think when I read the article this morning, I think it's tripled for this farmer and so they just decided we can't sell cucumbers high enough to cover the cost of the gas that's just hard to imagine isn't it I mean it's so I was talking the other day about Germany. German industry runs on natural gas. We don't have that situation here in the U.S. But in Europe, natural gas runs industry. And they don't produce natural gas. It comes from Russia.

Or it comes from the United States on ships. In Russia, they send it through pipelines. But European industry depends on natural gas. And if natural gas triples, quadruples in price and continues to go higher, businesses shut down. They simply can't produce. So you had to know that NATO knew about this and the calculus of encouraging Russia to

invade Ukraine. You would think so. Are they that idiotic that they didn't think this kind of repercussions would come back on them? But maybe that's what they were hoping for in order to force the EU to purchase gas from the U.S. I mean, they had talked about that middle of last year, you know, about these fleets of ships going from the U.S. to Europe, you know, with natural gas on them and everything. And I think, Doc, that's one reason Putin has not been willing just to cut it off completely to Europe, because he fears he will permanently lose the European customers, that it would force Europe to import gas by ship from the United States,

and Russia may never get that customer base back again. But for Europe, there's going to be a major disruption if they continue with these sanctions on Russia. U.S. natural gas is not going to replace Russian gas overnight. It's not going to happen this year. It's not going to happen next year. This is probably a five-year plan to replace Russian natural gas with American natural gas. So it means Europe is going to have major disruptions, factories shut down, extremely high prices, shortages of food and products for the next several years.

Right. All because the globalists want to crush Russia. Is it worth it? What is this fight about? And, you know, we want to crush Russia. Is it worth it? What is this fight about? And, you know, we talk about crushing Russia. The ruble has already rebounded back to its previous rates. Yes. They're coming out ahead.

And now you have Mr. Medvedev today saying, we're not selling our food to anybody that puts sanctions on us. If you're not friendly with our country, you don't get food. Well, Russia is the number one exporter of wheat in the world. So there's going to be some countries that aren't going to be able to get wheat from Russia. Unless they become friendly again. Unless they become friendly. And then they have to break the alliance with the United States.

And then the United States threatens them with sanctions. So is this boomeranged back on them? I think so. I think it's, it has ended globalization. It's driving the world into regional factions. And it's going to greatly reduce global trade and you're just going to be trading among regional groups of countries it's definitely going to have a major impact on world trade over the next 10 years and i don't see them resolving this quickly without losing face in the next six months or year.

So throughout 2022, there's going to be very steep financial repercussions throughout the Western world. The Russians are just going to suck it up and go on because we've been teaching them how to do it. Yes. Every time we put sanctions on the Russians over the last several years, the Russians just sucked it up and said, we'll figure out how to get along without it. I got a question for you related to all this and the sanctions. Why hasn't the U.S. sanctioned Gazprom yet? That's a good question. Because Europe needs that gas. You're exactly right. So that is going to, if we ever see a move against Gazprom,

that's probably, yeah, the game will probably be solved. But Germany and the other European nations won't go along with it. Because they need the gas. They have to get the gas. They need it. They don't have another supply. The United States can only get so much over to them by ships and and and it's much more expensive to ship it than the pipe so another story uh sri lanka plunges into a 10 hour daily power cut as fuel crisis worsens so this is the ripple effect that you're seeing now across the world.

The Sri Lankan government on Wednesday imposed a nationwide 10-hour daily power cut due to shortage of hydroelectricity triggered by non-availability of fuel. Sri Lanka is facing an unprecedented acute economic and energy crisis caused due to shortage of foreign exchange. A sudden rise in prices of key commodities and fuel shortage forced tens of thousands of people to queue for hours outside petrol filling stations. People are also facing long hours of power cuts daily. Now it goes on to say that all essentials are in short supply due to import restrictions forced by the forex crisis. The daily power cuts in the island nation have been further extended Wednesday morning to 10 hours, officials said. So, Doc, the country now has civil unrest because of the

power cuts. I mean, a 24-hour day, you only get electricity for 10 hours. Now, imagine living that way here in the U.S. People can't even comprehend that. In the Philippines, we used to have to deal with that quite a bit. You get used to it after a while, but not for 10 hours a day. We'd have it go out for maybe two or three hours in the afternoon because there's such a load on the system. If you knew when it was going to go out,

you can plan for it and accommodate for it. But in a lot of these countries, it's sporadic. You never know each day what time the power's going to go out. But here in this situation, people are going 14 hours each day without electricity. Why? Energy shortage. What caused the energy shortage? Western sanctions on Russian fuel.

Yes. And now that ripple effect is going all over the world now. Is it worth it? What's this fight about? Why is this happening to the world? If world leaders really were committed to having a smooth running world with good relations with all nations and we just get along and we trade with each other and we have tourism and exchange ideas

and we just get along. Instead of shooting each other. Instead of shooting each other. Instead of shooting each other. You could, if you had leaders that wanted to do that, we could create, find solutions to problems. But the Western leaders, the ruling class, the ruling class of the United States, Western Europe, Canada, United Kingdom, Australia, New Zealand.

It's the ruling class, not the people. It's the ruling class. These people who believe that they are born to rule, that they have a right, an obligation to rule over everybody else. And that you and I and you don't have a say in anything because that is their attitude you don't have a say in anything and you're at the point they're at the point now doc you're not even allowed to say what you think done you say something will slap you down. But these people, the Western ruling class, they believe that they are so high up above everybody else that it's their right to run nations. What have they done?

What have they done since World War II except make a mess? Create more conflict. Wars, just suffering everywhere. Their foreign policy is horrible. Every place we go, their foreign policy creates disruption, anger, war. Death.

Why are we allowing these people to rule? That's the question. Why are we allowing these people to rule? That's the question. Why are we allowing them to rule? At what point do we rise up? And it's not overthrowing the government. The United States constitutionally, we have a wonderful constitutional government. It's the ruling class that has seized control of that constitutional government that is strangling the life out of this country. And at some point, the American people,

and in Great Britain, and in Europe, have simply need to tell the Bilderberg boys, the CFR guys, and the Davos crowd, we're not listening to you anymore. You're not qualified. We don't care how rich you are. We don't care what rich you are we don't care what universities you graduated from we don't care about your your family lineage your blue blood we don't care

anymore you've made a mess of the world you're destroying the country everywhere you go you cause death and pain that's right at some point we have to we have to take the power from them because they're wrecking the world. And what they did with Ukraine and Russia has caused a horrendous mess around the world. And people are suffering for it. And it didn't have to happen. The Russians repeatedly asked NATO for a written security guarantee that there would be no NATO weapons in Ukraine. And NATO arrogantly, haughtily, rudely told Russia, get lost. And then there came a day, and we detected it back in January. We said here, Doc. Something's changed today. The tone of the language out of Russia,

it's like you could tell we've given up. With Putin, with Lavrov, with others, you saw it in their tone, in their conversation. That's right. You could feel it in your spirit. And then we knew it's going to war. It didn't have to happen. So what do we have now?

Look at the stories that we're talking about. Trudeau telling the Canadians, there's going going to be difficult times going to be food shortages the middle east at the breaking point over food supplies great britain no cucumbers all right and that's just in that article i mean it's just talking about cucumbers it's the entire farming supply of Great Britain that's breaking down because of energy costs. Sri Lanka, 14 hours a day without electricity because rising energy costs are now making it impossible for the country to import enough oil to run the power utilities. All right, Doc, none of this was happening three months ago. No. What changed?

After Russia invaded Ukraine at the prompting of NATO. And the invasion of Russia in Ukraine didn't cause the supplies to dry up. Just the invasion. The invasion of Ukraine did not cause this disruption of food and energy. Western sanctions on Russia did. Right.

If we just mind our own business, all right, let's say NATO didn't do anything wrong. NATO hadn't provoked Russia. Still, it was none of our business. All right? Let's say NATO didn't do anything wrong, that NATO hadn't provoked Russia. Still it was none of our business, all right? It was a fight between Ukraine and Russia. Why did we get involved in it? Look at the mess we have now.

We're paying what? What's the price of gas now here in Florida? Well, I paid $4.29 yesterday and I've been paying the whole time. So we're headed towards $5 a gallon gasoline. Why? Because Biden and his crack team of experts got us in a mess with Russia. So you and I are paying for it. You are paying for it. Everybody, we're all paying for their foreign policy. We're paying for their foreign policy. So for their. Everybody, we're all paying for their foreign policy. We're paying for their foreign policy. So for their foreign policy, they're having to pull out a million barrels a

day from the strategic reserve over the next six months. A million a day. So let's think about how stupid this is. In fact, they got 30 other countries to do the same thing. I don't know the amount of oil, a million a day, but 30 other countries have agreed with Mr. Biden to drain their stockpile, their national stockpile of oil, which is, the purpose of it is so that the U.S. government, in particular, the Pentagon,

has oil in case of a war or national emergency. Yes. So Donald Trump filled up the U.S. tanks to the top. He topped it off. They couldn't get any more oil in. And he bought oil at the lowest price. The lowest price. What is Mr. Biden doing?

He's emptying it when it's at its highest price. He's emptying it. And now when the U.S. government goes to refill it, we're going to pay astronomical prices if we can refill it. And that's even with President Biden saying just a few months ago that pulling oil from the strategic reserve would only make a few penn ago that pulling oil from the strategic reserve would only make a few pennies difference in the price of gas. But now, I guess it makes a big difference, right? Because now it's their idea. And he's trying to blame Putin for the rising prices here. No, your sanctions. Putin didn't want to stop selling oil and gas. He's still selling oil. He still wants to do it. It's Biden's sanctions that's preventing the sale of oil and other energy products. So it's their foreign policy that has made a colossal mess of everything in the world,

and we're all paying for it. Are there any signs that maybe people are coming to their senses about this and asking some serious questions? Do we want to keep going down this path, Rick? Yeah, I saw, I don't know if anybody, if the leaders will go to their senses, come to their senses, but I did see an article in a German magazine this morning, and this is the English translation of the headline. Do we want to destroy our entire economy? Says with a seeing eye. I'm not sure that may have been a bad translation from Google Translate.

Well, but basically he's saying, look, we've got our eyes wide open going into this. That's what it says. He's saying with our eyes, really, you got it, Doc. He's saying with our eyes wide open. Really, you got it, Doc. He's saying with our eyes wide open. So we're walking into destroying our entire economy, walking in with our eyes wide open.

And he's saying this import ban could destroy the German economy. Now, Zero Hedge also picked up on this particular story as well. German chemical giant warns of total collapse as Russian gas supply is cut. And they provide the translation for us here. CEO of Germany's multinational BASF,

world's largest chemical producer, has warned that curbing or cutting off energy imports from Russia would bring into doubt the continued existence of small and medium-sized energy companies and further would likely spiral Germany into its most catastrophic economic crisis going back to the end of World War II. Company CEO Martin Brudmuller issued the words in an interview with Frankfurter Allgemeine, the newspaper just ahead of German officials,

by midweek giving an early warning to industries and the population of possible natural gas shortages as Russia appears ready to firmly hold to Putin's recent declaration that unfriendly countries must settle energy payments in rubles related to the Ukraine crisis and resultant Western sanctions. And the important part there is the sanctions that we're talking about. But he's talking about, Rick, not just pain, not just a depression, not just a recession, even though those things are bad.

He's saying Germany could see a total collapse. He compared it to post-World War II. What was the condition of German industry in 1945, 46? It was decimated. I mean, we had bombed the living daylights out of Germany. Dresden was completely gone, and that was the industrial capital of Germany. We flattened that city. Yeah, so what he's saying is the foreign policy of the United States and the European Union,

including his country, Germany, the foreign policy is equal to the bombing of World War II. Same results. Destruction. This time the buildings will be standing there, but the business is destroyed. Now you have to ask the question, would an idiot do this?

So, Doc, is it because they're idiots or is it because this is deliberate and they want to destroy the businesses? Is it part of the fourth industrial revolution to destroy all old world businesses so that a new world business order can come into existence? Well, Rick, you have to, in order to have something new,

you've got to destroy something else, in their mindset anyway. It's creative destruction, made popular by Alan Greenspan, creative destruction. You deliberately destroy something in order to make something new. So is that what they're doing, or are they just idiots? Are they just idiots, or do they think we're all idiots?

Why would you carry out a foreign policy that you have the CEO of the world's biggest chemical company saying, guys, you're going to destroy not only our company but most of the industry of Germany. You're going to take us back to 1946. What are you doing? I don't understand it, Doc. What is the motivation in this when you have somebody of his stature issuing a warning so dire? If I were the chancellor of Germany, I'd be calling him into my office saying, are you serious? Is my policy this destructive? You're telling me that if I carry out my policies, I'm going to destroy the industry of my nation? Yes, Mr. Chancellor, well, I have to change. Isn't that what a good chancellor would do? I have to change

my policy. If you're telling me to protect my people, to protect my nation. But these guys are saying we're going to do it anyhow. What is this, Doc? Their minds have been so deceived, Rick, by this whole worship of the earth and everything that's going on, all the push on green energy. And now Germany's caught in a trap. I got another idea. And you and I, we talked about this years ago at Davos. All right. That night we sat in the restaurant of the Swiss ski lodge where the White House placed us.

So we had to stay wherever the White House placed us. And so we were in a ski lodge where the White House placed us. He said we had to stay wherever the White House placed us. And so we were in a ski lodge. And we had dinner, the True News team, and we were sitting around the dinner table talking about what we heard at Davos that day. And we started speculating. We were talking, why are government leaders doing things? Why are they making decisions that the human mind knows this is wrong? This is not the right way to do it.

Politically, it's wrong. Nobody likes it. What would be the rationale for it? And we came up with an idea. Is it possible? Now, this was four years ago this happened. Four years. Yeah.

I think it was our first visit to Davos. And I said, is it possible that Western leaders are being fed policy directions by artificial intelligence. Right. That defy human logic, but the decision has been made. Whatever the AI tells us to do, we will do it. Are they implementing policies given to them by AI? And on the surface, we're going, this is crazy. This is going to destroy everything.

But the AI is saying, if your goal is to get here, this is what you have to do. Sort of like you have to move everyone an inch to get over here and move an inch here and then move a little bit more here. Each one of these policies, even though it may not make sense in the whole scheme of things, each one moves us into that common goal. And so one more quote from that

Zero Hedge article. Below is the question posed by the newspaper and his response, Bruder-Meller's response. He says, what if, for example, Putin's demand for payment in rubles leads to an immediate stop in gas supplies. And so this was his response. He said a delivery stop for a short time would perhaps open the eyes of many on both sides. It would make clear the magnitude of the consequences. But if we don't get any more Russian gas for a long time, then we really have a problem here in Germany. At BASF, we would have to scale back or completely shut down production at our largest site if the supply fell significantly and permanently below 50% of our maximum natural gas requirement. Minister Habeck has already activated the early warning level of the gas emergency plan.

And that last line there, the German minister earlier this week, they have three levels of a gas emergency plan. They're at the first level right now, and where they're calling for restrictions, for voluntary restrictions, for people to cut back on their use of gas and for industry to look at alternatives. Well, if your whole economy is based on natural gas and your whole livelihood in domestic situations is based on natural gas, even cutting back a little bit, it's not going to make that much of a difference, especially if that supply gets cut back even a little bit more. That's right. So what does this mean? 2022 is going to be a year of major disruptions and shortages. Yes.

And that will that will then carry into 2023. So we all need to start making adjustments in our lifestyles. Right. OK. The fact that they're saying this, or Joe Biden's saying this to Americans, too. Rick, I don't think it's beyond their own possibility to go down here to our local gas station and see $6, $7 gas by summer, maybe even before summer. And I don't think that's shocking at all. So common people are going to pay the price for the decisions that the elites are making regarding Russia and Ukraine. That's right. The ordinary guy watching this today, man or woman, you're out there.

You're going to pay the price for this that's going on right now, for this new world order that's coming. And yet they want you to believe that Putin did this to you. Right. Putin didn't do this. Biden did this. His foreign policy team did this to you. Right. Putin didn't do this. Biden did this. His foreign policy team did this. The European Union did this. NATO did this. This is the mess they created because they wanted that confrontation with Russia, because it really comes down to the control of the financial system of the world. They have drained the United States.

They've sucked the life out of this country since 1913 when they got control of our currency by implementing the Federal Reserve and the income tax and the IRS. And they've been sucking the blood out of this country ever since 1913. We're at the point now that the body is, you know, there's no blood left.

In fact, I think we ran out of blood in 2008 and we've been on life support as a country ever since. And they know it. And they know the system's ready to collapse. And they need a war with Russia. They need to collapse Russia. This goes back to our conversation the other day about gold. They have to.

This attack on Russia is to force Russia to sell its gold. And it's not selling its gold. And they're not selling its gold. In fact, they're getting their act together, and we're going to see in this next article. And Putin said that would happen. He said that. He said, you put sanctions on us, it's only going to make us stronger. That's right. So this next one, this came out yesterday, Interfax. Putin signed a decree on the transfer of payment for gas exports in rubles. Right. So

Russian President Vladimir Putin announced that he signed the decree on the transfer of payments, he said at the opening of a meeting on the development of the aviation industry. According to the decree, buyers of Russian gas will need to open ruble accounts in Russian banks to pay for supplies from April 1st. Putin recalled that the blocking of central bank assets by the U.S. and the EU poses a threat to foreign exchange earnings from gas exports. Existing contracts for the supply of gas will be stopped if buyers from unfriendly countries do not comply with the new payment terms, the president stressed. Rick, something interesting in that quote there. What's that? In the past, Russia had to have accounts in foreign banks.

Now he's saying you have to have an account in a Russian bank to pay for Russian oil, Russian gas. They flipped the tables on him. Yeah. And you need to do it by April 1st. You need to do it by today. That's today. And this isn't April Fool's.

No. So another story. This is Sky News. Putin demands payment in rubles for Russian gas supplies or contracts will be halted. Basically, he's saying you pay up or you don't get any gas. And he said it very clear in this story from TASS. He said refusal to pay for Russian gas in rubles will be seen as a breach of contract. So he's identifying unfriendly countries, unfriendly neighbors in this. He says if gas buyers from unfriendly states

refuse to pay for gas in rubles, Russia will view it as a breach of contract. Putin said at the meeting, if such ruble payments are not made, we will consider this to be the buyer's failure to perform commitments with all ensuing implications, which means they would consider the contracts null and void. That's right. You failed to pay according to the terms. Now, if you're a friendly state, we'll work with you. But you know, Doc, all contracts for Russian products are being rewritten. Sure. With new financial terms. They're not going to go back to the way it was.

They're not going to pay for anything in dollars anymore. So the way everything has been transferred back and forth between nations has been using the SWIFT system, SWIFT banking system. And that's the power that really the West has had, not just on Russia, but the whole world and the vice that keeps everyone in. And we've talked about this several years now about alternatives to the swift payment system. And we've speculated, well, is there one? Has there been one that's developed? Is there one that's ready to launch? Then Rick found this story from Al Jazeera. It says, Russia is offering a swift alternative to India for ruble payments.

So it appears that there is already an active alternative in place, Rick. It says the Indian government is considering a proposal from Russia to use the system developed by the Russian central bank for bilateral payments, according to people with knowledge of the matter, as the Asian nation seeks to buy oil and weapons from the sanctions-hit country. The plan involves rupee-ruble denominated payments using Russia's messaging system SPFS, the people said, asking not to be identified. No final decision has been taken, and the matter will probably be discussed when Russian Foreign Minister Sergei Lavrov arrives in India for a two-day visit Thursday. And he's actually there now

yesterday and today. Russian central bank officials are likely to visit India next week to discuss the details, the people said. So under the proposal, rubles will be deposited into an Indian bank and then converted into rupees, RUBELS WILL BE DEPOSITED INTO AN INDIAN BANK AND THEN CONVERTED INTO RUPEES, AND THE SAME SYSTEM WILL WORK IN REVERSE. UNDECIDED ELEMENTS INCLUDE WHETHER THE EXCHANGE RATE WILL BE FIXED OR FLOATING. RUSSIA ALSO WANTS INDIA TO LINK ITS UNIFIED PAYMENTS INTERFACE WITH THEIR MIR PAYMENT SYSTEM, THEIR CREDIT CARD SYSTEM THERE, FOR SEAMLESS USE OF CARDS ISSUED BY INDIAN AND RUSSIAN BANKS AFTER VISA AND MASTERCARD SUSPENDED OPERATIONS, ONE OF THE PEOPLE SAID. system there for seamless use of cards issued by Indian and Russian banks after Visa and MasterCard

suspended operations, one of the people said. So, Rick, are we beginning to see the construction of an alternative financial system being developed here, an alternative payment system, an alternative credit card system, everything? No, not the construction. We're seeing the implementation of it. They've been constructing this system since 2008. It was very clear after the banking crisis of 2008 that Russia and China and Brazil and other nations, India, the BRICS, known as BRICS, Brazil, Russia, India, China, and South Africa were going to develop an alternative financial system, an alternative to SWIFT, an alternative to the IMF,

an alternative to the World Bank, so forth. They were going to come up with a brand new system. I'm surprised it's taken this long. But maybe they were just waiting for the right opportunity. But what they're doing is that they are now rolling it out. They're turning the switch on. It's now operating. Maybe they didn't have to do it beforehand.

They could still use the SWIFT system, but they had it ready. Well, Rick, you also found another article today that really ought to shake you up here. And it's Financial Times of London. So Financial Times of London is reporting, this was late yesterday, the Russian sanctions threatened to erode the dominance of the U.S. dollar, says the International Monetary Fund.

So Financial Times is quoting the IMF here. And just keep in mind, the Financial Times is owned by the Rothschilds. Right. So they're sending the news out to everybody in the club. And so a quote from this particular article, the unprecedented financial sanctions imposed on Russia after its invasion of Ukraine threatened to gradually dilute the dominance of the U.S. dollar and result in a more fragmented international monetary system, a top official at the IMF has warned. Geeta Gopinath, the IMS' first deputy managing director,

said the sweeping measures imposed by Western nations following Russia's invasion, including restrictions on its central bank, could encourage the emergence of small currency blocks based on trade between separate groups of countries and so basically what she is confirming here what we've been talking about over the past several weeks the global new world order is coming to an end it's they're putting that thing to bed and they're moving to phase two, the regional New World Orders are rising. Yes. Because they have to have competition within the world in order to have control later on.

I don't know if it's their plan. I don't know that we could say it's phase two. I don't know if they anticipated this. They expected Russia to fold. Yes. The American-European arrogance is they're going to crush Russia. They're going to crush China. The Americans are not globalists. They are imperialists. But when you see things coming from the IMF along these lines, the IMF, they're saying,

hey, it looks like this might be backfiring on us here. Yes. That should really alert you. When the New World Order starts getting scared, then we really ought to keep our ears open. But the IMF has wanted for 50, 60 years to offer an alternative to the dollar. The IMF would like to be the global central bank.

Yes. All right. That's what they're hoping. It's not that they're shedding tears for the U.S. dollar right now. Inside the IMF, they're cheering it on. Because that gets them the opportunity to create their own global financial system with global currency. Special drawing rights is what they've envisioned

for decades. I don't know if it'll ever end up as that, special drawing rights, but that was the system that was put in place back in the 60s, Doc, to become the replacement to the U.S. dollar, special drawing rights. I remember, some of you will remember this name,

Willard Cantillon. Oh, yes. Do you remember that name? Yes. The day the dollar died? The day the dollar died. I became a Christian in 1978. I was 25 years old. And Willard Cantillon was a prominent

financial expert traveling around the world and speaking to churches and appearing on Christian television stations and networks and a very intelligent man. He had his thumb on the pulse of the world where it was going. And I can remember, I still hear him.

I can still see his face on television saying, this is what Doc would have been, you know, 78, 79, maybe 1980. Right. In that era. And I remember him saying that he was in Europe

for a meeting and he met with an official. He had a private meeting with an official from the IMF. And the IMF official told him like at dinner or someplace, special drawing rights

will be the world currency someday. So that was again in late 70s, early 80s. So it might help our audience to understand what are special drawing rights? I don't know. I couldn't explain it. But it's the currency they trade in. Yes, they have a basket of currencies. They have a basket. The dollar is in it with other currencies. So you've got all the currencies kind of mixed into this big pool.

Yes. But you've got to have some way to be able to exchange between those currencies. That's right. But where it's going is digital currencies. It's not going to be a piece of paper. We're not going to have a global dollar. We're going to a... The first iteration coming out, and it's happening right now,

regional, national and regional digital currencies. Right. Digital coins, DCs. So DCs are coming out all over the world. We mentioned the other day the Caribbean. The Caribbean has introduced a digital EC, the Eastern Caribbean currency. And we're starting to see a handful of nations now make those currencies legal tender.

That's right. And so about two weeks ago, Doc, President Biden signed an executive order telling the Federal Reserve and the U.S. Treasury Department, pick up speed and go as fast as you can to roll out a digital dollar. They didn't get any news. That was about two weeks ago. He gave a directive to the Treasury and Federal Reserve, speed it up. I want a digital dollar. That's why I believe we could see the end of cash as soon as this year. The shortages, the high prices, it's cracking the system, it's breaking the system. The debt that the country is in, the massive debt, we could see the end of cash as early as this year.

Well, there's definitely something going on. That article from Financial Times went on to say the dollar would remain the major global currency, even if in that landscape, but fragmentation on a smaller level is certainly quite possible. We are already seeing that with some countries renegotiating the currency in which they get paid for trade. Gopinath said the greater use of other currencies in global trade would lead to further diversification of the reserve assets held by national central banks. Countries tend to accumulate reserves in the currencies with which they trade with the rest of the world and in which they borrow from the rest of the world. So you might see some slow-moving trends toward other currencies playing a bigger role in reserve assets, she said.

Okay, so, Doug, I had this conversation the other night with a friend, Dennis. We were talking about these matters on the phone. And we were talking about gold. So if you have a portion of your personal assets in gold and silver, precious metals, and suddenly the Federal Reserve announces the end of the U.S. dollar and the introduction of the digital dollar. Right. And they set a date that on,

you know, I mean, it could be as early as December 31st. I'm not saying it is. I'm just saying, well, what if they said, what if they said on December 31st, 2022,

the U.S. Federal Reserve notes, the paper that we carry in our wallets and your purses, it no longer exists. You have to turn it in for digital dollars. All right. Everybody's got cash in the bank. Right. It has to be converted to digital dollars.

That's easy enough, I would think. You've got cash stored under your bed. You got it in lock boxes. You got it in safes. You got it in a box in the wall. You got it out in a barn. You got money, cash stored. You kept it for years. You've kept it for an emergency more than a rainy day a rainy season how about the collapse of the economic system so now you have money

the economy has not collapsed the currency has collapsed they're going to tell you the economy hasn't collapsed. We're replacing the dollar. With something safer, more reliable, more secure. And you have to turn in your paper money by a certain date

to get these invisible coins. You'll never again have paper in your hand, $1, $5, $10, $100. Coins in your hand one dollar five dollars ten dollars hundred dollars coins in your pocket never have coins ever again and if you don't turn them in by december 31st and again i'm just picking this date don't say i predicted it or prophesied just picking a date if the federal reserve said if you do not turn in your physical cash by December 31st, on January 1st, it's worthless. You can't turn it in after that. You have this amount of time to turn it in.

People that have been hiding large amounts of cash, maybe they didn't pay taxes on it. What are they going to do with it? They got to turn it in. Now, now the Federal Reserve knows exactly how much money you have. They can follow every transaction that you make because there will be total surveillance of every single transaction because there will not be any paper money. And that answers a question for me, Rick, because in the latest budget that Biden had proposed, he proposed a nearly 50% increase for support of the IRS in the latest budget. Well, why would you

need a 50% increase in the tax collection agency unless you were planning on collecting a lot more taxes? And that would fit in right with that scenario, wouldn't it? Because the beast is broke. The beast is broke. Now, if they go to a new system, you don't have to pay your taxes anymore. They're going to take it. Right. Okay? They'll just take it because it's all digital. And they know exactly how much you have. You can't store it anywhere because your digital coins will have a tracking number to it.

Where are you going to hide a digital coin that has a digital tracking number in it. All right, well then this fits. In a digital hole in the ground? Well, and this fits right in. I'd like to share a video here because what's going on this week in Dubai is the World Government Summit. And basically it's, you know, we're getting all these guys together

to talk about the New World Order. But there was a presentation at the World Government Summit this week, and there was a speaker that was on a platform on a panel named Pippa Malgram. And she talked exactly about this, Rick, about the new currency that's rolling out and how that governments will be able to monitor every transaction that you do through the blockchain. So can we show this? Yeah, let's watch it. So this is number 26 for control.

What underpins a world order is always the financial system. I was very privileged. My father was an advisor to Nixon when they came off the gold standard in 71. And so I was brought up with a kind of inside view of how very important the financial structure is to absolutely everything else. And what we're seeing in the world today, I think, is we're on the brink of a dramatic change where we are about to, and I'll say this boldly, we're about to abandon the traditional system of money and accounting and introduce a new one. And the new one, the new accounting, is what we call blockchain.

It means digital. It means having an almost perfect record of every single transaction that happens in the economy, which will give us far greater clarity over what's going on. It also raises huge dangers in terms of the balance of power between states and citizens. In my opinion, we're going to need a digital constitution of human rights if we're going to have digital money. But also, this new money will be sovereign in nature. Most people think that digital money is crypto and private. But what I see are superpowers introducing digital currency. The Chinese were the first.

The U.S. is on the brink, I think, of moving in the same direction. The Europeans have committed to that as well. And the question is, will that new system of digital money and digital accounting accommodate the competing needs of the citizens of all these locations so that every human being has a chance to have a better life because that's the only measure of whether a world order really serves so in that you had a new digital currency under a new world order and a new digital constitution of rights and a new accounting system right that caught my attention the the way of accounting finances that the nations have done for thousands of years

it's going to be tossed in a trash can they're're redesigning the world, the complete system. But that world constitution, that's a very interesting statement. I had not seen this video before now. It's obvious. It's obvious that COVID, the lockdowns, the restrictions, the loss of freedom, the mandates, then the war, and the shortages, and the disruptions to supply. It's all part of a planned, choreographed operation to tear down the old system to make way for a new system. And they're going to say, aren't you ready for just calmness and order? Aren't you tired of the disruptions and the shortages and the stress? Don't you want peace?

Peace and safety, all right? We're going to give you peace and safety. So they're getting ready to do it. So I started a few minutes ago, Doc. I've got about three minutes left. I was talking about the conversation I was having with my friend Dennis several nights ago. And we were talking about gold. I was talking about the digital currencies.

So he asked, well, what about gold? What's going to happen to gold? Well, what if they just make it illegal? They have before. Yes, they have. What if they just make it illegal? They have before. Yes, they have. What if they say, you can't trade? Look, did you ever think you'd see a country like Canada seize the private checking accounts of citizens who protested overnight,

just, we're going to take your money. You protested against the government, we're taking your money. And there was no outcry. No outcry. It just, it made people get quiet. I'm not going to say anything,

they might take my bank account. Right. They did take bank accounts. And it did cause people to shut up, didn't it? That's right. So, if to think that they wouldn't outlaw gold and silver? Oh, very, very possible. What are you gonna do about it?

What are you gonna do about it? Okay? You know, with gold and precious metals, those of you who have been collecting precious metals for years, you know that many precious metal experts, they recommend it. If possible, you should store

a portion of your precious metals in other countries, just as a hedge, that if something happened in your country you would still have some of your wealth in another country that wasn't affected by what's happening in your home country right it was it was considered a safe prudent uh financial management step so people put money in bank lock boxes and vaults in other countries. Singapore is a very popular one right now. Of course, Switzerland for many, many years. Canada, other places people put gold.

But when COVID came along and the lockdowns and then the vaccine mandates, well, wait a minute. If you don't want to get the gene therapy injection, but you have 500 ounces of gold in Austria and Austria says you can only enter this country if you're vaccinated. How are you going to get there to get your gold? All right. Now, if they go to digital currency and transporting gold now becomes a criminal offense, even if you got into Austria to get your gold, how do you get it out? And what do you do with it now when you bring it back?

Because it's now, if they make it illegal, if they say all transactions must be digital it must be on the blockchain we have to see what you're doing you cannot trade and barter with precious metals it's illegal unless you have a digital account of some kind in order to be able to track the transaction a digital gold coin. Right. But that means surrendering your gold to them. Don't roll it out.

I know a lot of people for years have said, well Rick, you know, there'll be a day we'll just go to bartering. Really? You think it's gonna be that easy? We saw, remember the Canadian man that went to the, it was kind of like a farmer's market in the town. He went in to get groceries out of the little market. They wouldn't let him in.

Right, because he refused to wear a mask. So refused to show his vaccine passport card. Yes, they wouldn't let him in. To buy food. To buy food. They would lock you out of the system. They would said sorry. To buy food. To buy food. Okay. They would lock you out of the system. They would do it. And that's the world that they are attempting to roll out,

and I think they're going to roll it out a lot faster and sooner than any of us expect. When Doc and I started traveling to technology conferences, I guess it was 2018, 17, 18, when we first started going. I mean, we had an uproar from true news fans saying, you are wasting money. You're wasting time. We don't want to hear it. And why are you there? And just give us the news. And we kept saying, we're giving you the news. We're trying to give you the news before it happens. I think a lot

of you now recognize why God was taking us to those technology conferences, because we were giving information years in advance of what was coming now it makes sense things we saw back in 2017 2018 are now common today imagine what we're going to see in 2025 2026 yes so and it's happening that rapidly so um so things that we're talking about now now they're openly calling talking about the new world order everybody openly talking about the new world order. Everybody's talking about the new world order. Where just two years ago, if you talked about the new world order, that was conspiracy theory. Now they openly admit a new world order, a new constitution, a new digital currency.

But, Doc, this last video, this was from the World Economic Forum's World Government Summit, but hey, the WEF, they're not trying to create a world government. They just hold world government summits. Right. Because they didn't know what to call it. But they really don't want a world government. No. They just want a world constitution.

Anyhow, Frederick Kemp, chief executive officer of the Atlantic Council, and they have said some unkind things about me in the past, but I forgive them. It appears that they watch True News, which is why they say unkind things about me. But it appears that Mr. Kemp or others at Atlantic Council are watching True News because he said at the World Government Summit what I had been saying for several weeks after the Ukraine-Russia war erupted. Globalization is dead. We are now moving to regional world orders.

So it's not global world order. It's a new regional order. He said the very same thing in Dubai. Let's watch. Well, first of all, let's take a look at what makes up world orders. World orders are that a group of countries across the world agree to a set of rules, and they agree to play by them. The second is there's a balance of power so that no power feels that it can subjugate a neighbor.

That's what we've lost in Russia. There wasn't a balance of power. Europe decided the age of military power is over, and so Russia is attempting to subjugate Ukraine. But then the third part of this is a consensus that everyone accepts this. It's almost too utopian to come about. And so what's emerging right now, which I think is a danger, is a Chinese-centered order and a U.S.-centered order, and that we're breaking down again. And that's not a healthy outcome. It's not the outcome we want. But that gets to the economics. And that's what I wanted to touch on, because the economics are that China, I think in 2016-17, invested $53 billion in the United States. Last year, $1 billion. So there's already a decoupling.

There's already a breaking down. And the question is, how does this play out right now? And so I think you're going to see, in an economic sense, you're going to see these two worlds, but it's not going to be that neat. I think you're going to see the evolution of regional organizations. And regional, because it's so hard to create a world order, I think you're going to see regional orders spring up. And then you have links between regional orders, but they will be very much guided by economic interests, social interests, and also

security interests. You see things like the Quad, like the Abraham Accords. So ad hoc, not inflexible alliances. And that seems to me was emerging. So really we're going back to a time period of sort of like back in the 17, 1800s where you had these regional alliances globally between nations, you know, kind of some that were official on paper, others that were implied in corporate alliances. Corporations were just rising up where a company could operate in several nations simultaneously, almost as an ad hoc nation in itself.

And what did George Washington tell the new young United States of America when he left the White House? Do not get entangled in foreign alliances. So America, mind your own business. It would be great. I would love to see America mind its own business. It would be wonderful. We just focused on this country and just left everybody else alone. And everybody else just mind their own business. We'd actually, everybody get along. I don't know if that's going to happen, but we are going to see, it's happening right now. We're seeing the end of globalization as we have known it for the last 30 years. It has died. That's not to say it's not going to be revived later in a different form by a different group of people. But I think for the next decade, for the 2020s,

we are not going to see globalization. We're going to see regionalization. And we're going to see more military blocks. New NATOs forming. Right. There will be a military alliance maybe between Russia, China, and India. I think very likely the first thing we're going to see, Doc, is a Middle Eastern NATO.

The Arab countries are going to form a military alliance with Israel. I believe that. And they've even kind of hinted at that over the past several years. Yes. During the Trump administration. And then Iran. And the Abraham Accords is that first step into that, isn't it? Yes. And Iran will become the Russia of the Middle Eastern NATO. The purpose of the Middle Eastern NATO will be to prevent an invasion, an attack by Iran.

You've got to have an enemy. You've got to have an enemy. That will go on for years. But we may see these types of military alliances forming in other parts of the world, but you're going to see economic alliances.

That's the main thing. The economic alliances will come together, and there will be much more robust regional cooperation, maybe even... Look, I'm not going to rule out at this point

a North American Union. We stopped it years ago. I was one of the leaders that worked against it back in the early 2000s when George W. Bush was trying to bring together the North American Union. Some of you were still watching me at that time. You know we fought against it. I was the very first person who warned the American people about the Amero. Right, it was gonna be the common currency between Canada, Mexico, and the US. That's right, I found out about a meeting,

I was living in Texas at that time, and I found out about a meeting taking place at the Federal Reserve Bank on Pearl Street in Dallas. And they were talking about the Amero. And so on True News, we started talking about the Amero. And the word got out, spread all over America. Patriots rose up and stopped the Amero. George W. Bush wanted to bring together an alliance of Canada, the United States, and Mexico. Sort of a North American Euro. Yes. Doc, I now think that is much more likely to happen now.

Much more likely. Hey, it'll solve the immigration problem, won't it? Yes, because you'll have one common currency going all the way from Panama up to Alaska. Well, no, you won't have a border. Right. There is no border then won't have a border. Right. There is no border then. That was the whole purpose of the EU and Europe

in the first place, is to bring down the borders in Europe. It means the Canadian border, right now with Montana and across the upper Midwest, the Plains states, the Canadian border will move down to Central America. Yes. That's what they plan. It solves the immigration problem because all of the Mexicans suddenly become citizens. We're all in one country. Remember the Pope at that time declared, He dedicated North America to the Lady of Guadalupe.

I remember that story. Just like last week, the Pope dedicated Russia to Virgin Mary. So 20 years ago, whoever the Pope, I've lost track of. And the Lady of Guadalupe was also based on a vision. That's interesting. I made the connection between the two. So you're going to see, I wouldn't say you're going to, I would not be surprised to see a revitalization.

Remember, we have a new NAFTA treaty under Donald Trump. That NAFTA treaty was basically written by Jared Kushner. We really don't know what's in it, do we? Well, remember the one thing we found out was about the transgender rights, and everything along that line. But hey, folks, there's a new New World Order on its way. They've got it all planned out.

Yeah, well, hey, we'll end it with something humorous. We'll let you eloquent force in her style of leadership, in articulating her vision for the future. Listen to this and tell me been in the United States for Jamaica, one of the issues that has been presented as an issue that is economic in the way of its impact has been the pandemic. So to that end, we are announcing today also that we will assist Jamaica in COVID recovery by assisting in terms of the recovery efforts in Jamaica that have been essential to, I believe, what is necessary to strengthen not only the issue of public health, but also the economy. Rick, I don't know if you ever had to write a term paper in high school or college, and you had a certain word limit, you know, like a thousand words for your paper,

and then you're trying to figure out, well, what words can I add so I don't have to write as much and try to say something? That's the impression I get every time she speaks. It's just like, if I say something, maybe it'll make me sound smart. Unfortunately, she makes Joe Biden look smart,

and that's scary. That's right. But they're getting ready to get rid of Biden. I know. You, no, who was it? You were, no, Eric sent to me a text last night with a quote from Rush Limbaugh from, was it 2016 or was it 2020 I'm not sure the year and so it was a quote where it must have been 20 it must have been December 2020 after Biden was elected and rush limbaugh before he died said when they meaning the democrats the powers to be that rule this country when they want to get rid of biden okay the quote was that they will they

will find um they will pile up and attack Biden, okay? Oh, the media. He said the media, the media will go after Biden. What are we seeing in the past week? The media, Washington Post, CNN, The New York Times. I don't know if you've been watching the press conferences lately, but mainstream media outlets are actively questioning people at the press conference now, and they never used to. I mean...

Rush Limbaugh was right. The sign to know when they're going to get rid of Biden is when the news media turns on him. It was 2020, Okay. So we're very, very close to getting that lady, Kamala Harris, named for Lucifer, the devil. That's her name, Kamala, the devil. And we're about to get her as the new president of the United States. But how long will she be there is the question, too. Well, we'll have plenty to talk about here in True News for quite some time. But right now, we're just going to turn off the lights, go home, and enjoy the weekend.

And that's my advice to you every weekend on Friday. Turn it off. Just turn it off and focus on the Lord. Spend time with your Heavenly Father. Get into His Word. When's the last time you spent an hour reading the Word of God and talking to the Lord and letting Him talk to you? When's the last time you've been quiet with no text messages, no videos, you know, not just you and the Lord. Spend this weekend being quiet and let that peace come on you and in you and around you. Spend your time with the people that you love. Make time for them.

Turn off the phone. Turn off the news. And just be with people who just mean a lot to you. Focus on life, not all this craziness. The most devastating thing that you and I can do to the ruling class is ignore them. And live life. Yeah, ignore them. You'll drive them crazy.

See you on Monday. God bless. God bless. God bless.