TRUNEWS with Rick Wiles - Great Reset 2.0: Kenya’s President: Dump the Dollar…Things will change soon

Episode Date: April 11, 2023

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Welcome to True News. So we're going to start with a story out of Africa, out of Kenya. And I'm just going to play the video and we're not going to, you know, we'll just have to see if the comments of the Kenyan president turns out to be what many of us are thinking he's saying. Maybe he had a different intention. I'll put the headline up first. This is from All Africa. It actually goes back to the end of March. And it says President Ruto. This is from All Africa. It actually goes back to the end of March. And it says, President Ruto, this is the president of Kenya, President Ruto says dollar demand will ease in a couple of weeks. And then we'll show you a second headline,

Kenya to use shillings, which is their currency, for oil purchases amid dollar crisis and fuel shortage. Now, we'll play the video, and I want you to hear what he said to his fellow Kenyan citizens about hoarding U.S. dollars. We'll play the video, then Doc and I will have some comments. For the people who work numbers, I am giving you free advice that those of you who are holding dollars, you surely might go into

losses. You better do what you must do because this market is going to be different in a couple of weeks okay so maybe we should play one more time okay um he has he obviously has an accent and uh it may have been difficult for you to discern every single word that he was speaking. But basically he said,

he says, I'm talking to my fellow Kenyans. I want to give you some free advice. Those of you who are hoarding dollars, those of you, I think at first he said, those of you who work numbers. Yes. So if you're doing accounting, he said, if you're hoarding dollars,

you might want to change because things are going to change in a few weeks. Let's play one more time. For the people who work numbers, I am giving you free advice that those of you who are hoarding dollars, you surely might go into losses. You better do what you must do because this market is going to be different in a couple of weeks. So those who are hoarding dollars, you better do what you must do or you're going to incur losses because this market is going to change in a couple of weeks. So it sounds to me like he and his government

have made a decision of some kind or maybe a partnership of some kind. I thought it was interesting that that first article that we put up says that dollar demand will ease. But in this video, it sounded more like not that dollar demand is going to ease, but it's actually going to completely disappear. Possibly. Have they cut a deal with China?

That was my thought. He's saying if you're hoarding U.S. dollars, you're going to incur losses. The market's going to change. So have they cut a deal? Now, Doc, the article I didn't bring out here is that he just met, like days before he made this comment, he met with a group in Brussels. And it's described as a shadowy group of bankers. And this was reported in a European news source. And we're talking about the president of Kenya, Mr. Rudeau.

And so I'm putting the two together, the meeting with the European in Brussels, yes, in Belgium. And- The Bridgen Foundation. Yes, that's it. So- So I know we didn't schedule for it to be here. I saw it at the last minute before I came out here. Why don't you just read the first paragraph or two to our audience? All right. So it's reprinted by MSN, but it's from the East African. The headline is, Eyebrows Raised as Ruto Meets with Shadowy Belgium Group.

And it goes on in the article here. Oh, there we go. Good. A shadowy organization based in Belgium, which has gained a reputation for entering into multimillion dollar deals with struggling countries by pitching projects that it never delivers, has set its sights on Kenya. The Bridgen Foundation, a private foundation registered in Brussels, claims to be bankrolled by wealthy Jewish people. Can you say that? In their twilight years,

and has managed to get its way into Kenyan President William Ruto's seven-month-old administration. So on the 22nd Kenyan's embassy in Brussels, the European Union headquarters announced that President Ruto had held a meeting with the president of the Bridgen Foundation, Tanko Mahamadou, in which they discuss possible projects

to be undertaken in the country. So he's met with this group. Now, we've had questions about money transfers in Belgium in the past with other countries, specifically China. I think it was, what was it, 2017, 2018? Might have been earlier than that.

When the central banks were injecting capital into the market. Right, and there was this strange transfer. Wasn't it the repo? Yes, and there was these strange transfers of funds that were taking place within Belgium. Hundreds of millions of dollars one day transferred here and somewhere else the next day.

So when you mentioned that today about him going to Brussels, I immediately thought of that story. There's a lot of money floating around Brussels. Yes. A lot of money. So you put it all together. He meets with a shadowy group of Jewish financiers. He tells his own people, you need to stop hoarding the U.S. dollar. Things are going to change in a couple weeks. It's actually been a couple weeks since he made

that statement. That was late March. I don't know, Doc. The headlines refer to the dollar crisis in Kenya regarding oil. And so it was becoming difficult to pay for petroleum products using U.S. dollars. And he was under pressure to do something. And what I'm trying to figure out is, did he cut a deal with China and Russia and Saudi Arabia? Oh, because they're an oil-producing country, and they're going to start trading. Yes. Well, they're going to trade in shillings for oil. Yes. So did he cut a deal with Saudi Arabia to buy oil directly from Saudi Arabia using shillings and not dollars? And make shillings part of that basket of currencies that have been talked about here for a while. Yes, but he was telling his citizens,

if you've got a stockpile of U.S. dollars, I'm giving you free advice. Those of you who work with numbers, you're going to incur losses. Things are going to change in a couple weeks. Look, if you're not paying attention to how fast things are changing, you're going to get caught up. You're going to get run over by these changes. Americans are going to be hurt worse than any other place in the world, I would say almost exclusively, except for small countries that are pegged to the U.S. dollar. You have countries like Panama, Ecuador, various Latin American countries that are pegged to the U.S. dollar. What are they going to do when the U.S. dollar is no longer the main currency?

They're obviously going to have ramifications. But the greatest ramifications are going to be here in the United States. And what it will mean is sky high inflation. Do you think inflation is bad now? You haven't seen anything when prices, when they don't double or triple, but you see a hundredfold increase in basic commodities. You know, my wife and I, we were out on Orchid Island Sunday just driving around. And of course, that's the wealthy area

here in Indian River County. And drove by this one house, not very nice house and a sign at the end of the driveway that said eggs for sale. On Orchid Island. On Orchid Island. On Orchard Island. A beautiful house, beautiful home

with a nice vehicle out front. I'm surprised it even had chickens there. It said farm fresh eggs for sale. And I'm thinking to myself, if this guy living in this house is selling eggs, what's happening out there? I agree with you. I think things are about to change radically here as far as currencies are concerned. Rick, one thing that happened,

and you caught this late in the day today, this next story is significant because it's something we've talked about for years. And it's finally really happened. It happened today. The Digital Currency Monetary Authority launches an international central bank digital currency. Wait a minute. I didn't even know that there was a Digital Currency Monetary Authority. Well, now you do. There's somebody that has authority. Yes. And sets the guidelines for everything. But the fact is they created new money today. They created a new currency today. And it's called universal money. Universal Monetary Unit, the UMO.

The what? The UMO. So we'll get to that in a second. How many UMOs does that call? Yes, how many UMOs you got? Today at the International Monetary Fund Spring Meetings 2023, the Digital Currency Monetary Authority announced their official launch of an international central bank digital currency, the ACBDC,

that strengthens the monetary sovereignty of participating central banks and complies with the recent crypto assets policy recommendations proposed by the IMF. It's called the Universal Monetary Unit, and it's legally a money commodity, can transact in any legal tender settlement currency, and functions like a CBDC to enforce banking regulations and to protect the financial integrity of the international banking system. Just look at what we're seeing. Put that back up on the screen there. Look at that.

Look at the words that we're seeing. Universal Monetary Unit. Doc, in all these years of doing this program, I've never seen those words, that it's official. Right. A Universal Monetary Unit, an U-MOO. I got to say, U-MOOs is funnier than saying dollar.

How many U-MOOs you got? You're going to grin every time you say U-MOO. But this is a laughing matter. We are moving into a global system. And Christine Lagarde, who is a former IMF chief and now the European Central Bank chief, I stood next to her one time at Davos. I was in a session and German Chancellor, who's the lady that just said? Merkel? Merkel, yeah. Mrs. Merkel was speaking. She was on stage. And I didn't have a seat, and Christine Lagarde didn't have a seat. The two of us were standing side by side against the wall watching Angela Merkel. I wanted so much to say, hello, Ms. Lagarde by somebody pretending to be Zelensky.

Right. This is a comedy duo, Vovin and Lexus, out of Russia. And they do all sorts of celebrities and political leaders. They had pranked former French President Haaland last week too. But they pretended to be Vladimir Zelensky speaking to Christine Lagarde. And I guess Lagarde let her lagarde down, if you will, and started talking freely, especially when they started probing about um you know uh digital currencies but she she did hers by video right so obviously they weren't doing video no uh that's how they were able to get away with the the prank because you know it's just a skype call they can

say hey i can't connect the video or whatever, but she was on video. But what she said, this is part of a much larger segment, about 15 minutes long. We got it down here to about three and a half minutes where she's talking specifically about digital currency, but also that the digital euro is going to be launched later this year with specific controls on it. What are those controls? You can only spend so much. They can turn it on and turn it off. Programmable coin.

That's right. Here is Christine Lagarde, the chief of the European Central Bank. I have a question. I'm also a good user of electronic money. So my question, you're introducing the electronic euro, as I know. So how can switching to an electronic currency help? Well, two things. Number one, it will be decided in October. So, we are preparing the ground.

We want to be ready. We want to be trained, but it will not be decided until October 23. The reason I'm personally convinced that we have to move ahead is a situation like the one we are in now. We are dependent on the supply of gas by a very unfriendly country. I don't want Europe to be dependent

on an unfriendly country's currency. For instance, I don't know, you know, the Chinese currency, the Russian currency, the whatever, or dependent on a friendly currency, but which is activated by a private corporate entity like, you know, Facebook or like Google or anybody like that. I'm a user of Bitcoin too, so I had Google or anybody like that.

I'm a user of Bitcoin too, so I had bought it when it started. And I hope that it also will work through the special system. And I know there are many protests in Europe against the electronic euro. What is the reason? You know, it's the beauty of Europe. It has different positions. If you ask in Northern Europe, for instance, in the Netherlands, they're quite happy to see the E-Euro coming. If you ask a young German man, he'll say, yeah, fine. As I said,

I don't want Meta, Google or Amazon to suddenly come up with a currency that would take over the sovereignty of Europe. I don't want a foreign currency to become the currency of trading within Europe. So we have to be ready.

No, the problem is they don't want to be controlled. They don't want to... Yeah, but you know what? You know what? Now we have in Europe this threshold. Above 1,000 euros, you cannot pay cash. If you do, you are on the gray market. You take your risk.

You get caught, you are fined, or you go in jail. But, you know, the digital euro is going to have a limited amount of control. There will be control. You're right. You're completely right. We are considering whether for very small amounts, you know, anything that is around 300, 400 euros, we could have a mechanism where there is zero control. But that could be dangerous. The terrorist attacks on France back 10 years ago were entirely financed by those very small anonymous credit cards that you can recharge in total anonymity.

Amazing. It's unbelievable that she fell for that prank. Thinking that she was talking to Ukraine's President Zelensky. And as I said, this is part of a much larger interview where they talk about the war and financing the war and things like that. Okay, Doc, because I've been doing this a long time and I get real cynical. Because I've seen and heard a lot of propaganda and deception. Was she pranked? Or did she intentionally let that information out? Did she intentionally release this information?

Oh, and that's the great question. You know, when we talk about propaganda, we got white, black, and gray propaganda at times. So regardless, what did we learn from her comments? Well, the one thing I learned when I first watched the clip earlier today is I didn't know in Europe that you can't spend, you can't buy anything for more than a thousand euros in cash right now. I'm not talking about when a digital currency is launched right now. You can't, if you wanted to buy a motorcycle, let's say, and it was 1100 euros, uh, you know, for a small scooter. No, you can't spend that for the scooter because you violate the 1,000-euro threshold. Well, what she's talking about is the ability to be able to control.

She was saying somewhere 300 or 400, maybe no controls. But then as she went further along, no, we want to control all the money because we're going to fight terror. Remember those terrorists, those bad terrorists? They financed that terror activity with credit cards, small amounts of money. And so where they're really going is they want to be able to control from zero up. That's where they really want to go.

And also that this may be launched as early as October of this year. She said the decision was going to be made. I don't know if she meant launched or the decision to go forward with it. But she said October 23rd. But we now know a major decision from the European Central Bank is coming in October 23rd.

Right. So the world is going to change in October financially. She also, it was very interesting that she, she, she identified as the biggest threat

to, to the euro monetary system was Meta, Facebook, Google, and Amazon. Should they decide to launch their own currencies? Yes. Well, Meta has already done it and it failed and they're trying to relaunch it. But she's afraid of Meta, Facebook, and Google, and Amazon having their own digital coins. That seemed to bother her more than anything else. Yeah, even more than the encroachment of Russian or Chinese currency.

But she also said other foreign currencies too. Yes. And that might have been her backhanded way of saying, we don't want the dollar controlling us either. That's right. Look, just those comments about MetaGoogle and Amazon add credence to what I have believed about Daniel's prophecy in Daniel 7 about the 10 kings.

I know the standard Bible prophecy teaching about the 10 kings. I've seen all the charts. I've seen all the teachings. All the maps. I've seen them bring the statue out with the feet and everything. I've seen all that stuff. But I have this theory that the 10 kings are corporations. The 10 kings are the owners, the Zuckerbergs, the Bezos, of these massive global corporations, that they are the 10 kings. They have more money than a lot of nations.

That's right. And they're now, look, if you coin money, what does that make you? A nation. So Amazon and Google and Meta are in the process of becoming sovereign nations. Well, when you stop and think about it, you have to, at least with Amazon, in order to get the benefits that Amazon offers, you have to become a member of Amazon or a citizen, if you will, of the Amazon tribe or whatever you want to call it. You pay taxes by paying your prime membership. You get the benefits of having goods and services delivered and everything. But really, aren't you already a citizen of the Amazon nation now by being a Prime member?

In the future, is Amazon going to require that you can only purchase using Amazon coins? I'm surprised it hasn't happened already. I mean... She indicated that there must be something underway because we're not hearing a lot of discussion about an Amazon coin or Google coin or the meta I've known about for years.

I was in Hong Kong and at a fintech event and there was a Meta executive at that time, Facebook, on stage and a Chinese central bank, Bank of China official on stage. And the question was asked about Meta or Facebook, the Facebook coin. Right. And the person asked the Chinese official, how will this be received in China? And he did this incredible put down of Facebook. He said, well, how many Facebook users are in China? Zero. It's banned. It's not allowed there. are in China. Zero. Okay? It's banned.

It's not allowed there. Okay? And so he told that entire conference there, China's not going to allow Mark Zuckerberg to introduce his, what was it, the lira? Right. He's not going to allow him to bring his own coin in here. We're not going to allow it to happen. But Christine Lagarde of the european center bank

she's very concerned that facebook meta google amazon are rolling out their own digital coins their own currency that will be traded worldwide and she said we're going to beat them to it we're that's literally what she's saying right we've got to We've got to get to jump on them. We have to be in the market with the Euro coin before they get there. That's what I heard. Well, that means that we're about to see something radical happen here by the end of the year, beginning of next year. I mean, we could see a multitude of digital currencies out there. And this is why Joe Biden and the Federal Reserve Bank are rushing to get a U.S. Federal Reserve CBDC, Central Bank Digital Coin, released in America very soon. And I really believe their plan is to eliminate cash.

Paper money and coins will disappear in America over the next several years. There's very little money moving around right now. Actual hard cash is very little money. I mean, they tell you there's a penny shortage. There's no penny shortage. They're eliminating pennies. Then they will eliminate nickels and then dimes and then quarters and then there'll be dollars.

And before you know it, there's hardly any cash left. And then one day, all cash has disappeared. Several retail outlets I visited in New York here a couple weeks ago, no cash at all. They don't accept cash at all. One of them was a hot dog stand. Well, I just ran, Doc, I just ran into that two weekends ago at a salad location. There's a chain called Just Salad, and they've got a sign up. We do not accept cash. Well, you don't have to worry about being robbed, do you? I mean, I think that's where it's heading.

It's all heading there. I mean, you've got two generations now that have been acclimated to operating without cash. Well, we may have banks operating without cash. This next story, this is the Financial Times. Big U.S. banks expected to report deposit flight in upcoming earnings. Money is leaving the banks. Depositors are withdrawing their money from American banks. So later this week, U.S. banks are expected to reveal that customers withdrew tens of billions of dollars in deposits at the start of

2023, even as they gain new customers following the collapse of Silicon Valley Bank. Analysts are forecasting that depositors seeking higher returns from alternatives such as market funds pulled almost $100 billion in aggregate from J.P. Morgan, Bank of America, Citi, Wells Fargo in the first three months of 2023. And we have this quote from a research analyst at Barclays, the number one, two, and three things to watch are this quarter, our deposits, deposits, deposits, said Jason Goldberg at Barclays. Well, something's happening. There's a change in the money system taking place right now. If you're watching on the Word Network, we're going to sign off here in a few seconds. You can watch the rest of it at truenews.com. And coming up is the right

time for this announcement. This is one of our new sponsors, Genesis Gold. You might want to get yourself some. are you concerned about this economic storm and how your ira and 401k will fare during these turbulent times top experts are predicting now is the time to be protecting your assets with physical gold and silver. Find out why Genesis Gold Group is the number one recommended company by your favorite preppers and homestead channels. Receive Genesis Gold Group's free definitive gold guide today or give them a call at 800-200-GOLD. I think we're probably going to see gold hitting $2,500 by sometime next year. I mean, it's already over the $2,000 mark right now. If it doesn't, then there's some fishies going on.

Yeah, yeah. But I'm kind of expecting it. In fact, I think it probably will top out around 3,000, but I think you're going to see 2,500 in the coming year. It would only take one really major news event that would drive it up hundreds of dollars. You could see a climb in a matter of weeks. But the financial system is very shaky. There's a new financial system emerging. And this isn't a new revelation. This has been underway since 2008. Right.

And I could take it back, Doc, into the 60s. When I was a new Christian, I was saved in 1978. And you know the book that I remember reading, the very first, quote, Christian book, other than the Bible, okay? The very first Christian book I read, written by a Christian author in 1978, was Willard Cantillon's book, The Day the Dollar Died. And that man had insight into what was coming.

And he talked about a global currency that was going to be introduced. Now, he was of the belief it was going to be based on special drawing rights, which still could be the basis of this new currency, which is a basket of currencies, a bunch of stuff thrown in together, and they come up with an average this is this is the new currency right so but anyhow that was he wrote that book in the late 60s early 70s and he based it on information that he received he was a businessman and he he traveled around the world particularly a lot in europe and he he interviewed bankers and business executives. And he wrote the book The Day the Dollar Died based on the information he had received in personal interviews.

So this plan has been underway for decades. We're now watching it come to fruition. They're finally bringing it out. And there have been attempts to move us in that direction at various times over those past 50 years, but the environment has just not been right. We talked about Lyra here. Lyra a few years ago, it just wasn't the right time.

But now the timing is right. Everybody's moving. The technology has changed a lot too. I think the reason on the Facebook, Lira, is that people just flat out didn't trust Mark Zuckerberg. And the thought of Mark Zuckerberg controlling the money of the world just terrified people and sickened them. And I think it was a rebellion against

Zuckerberg that people said, no way, no way are we going to, even national politicians, corporate executives, bankers said, no, no, no Zuckerberg, we're not going to allow this. And so it collapsed because of a repulsion of just the idea of Mark Zuckerberg being the money god of the world. But Google, Amazon, and I think Meta will also come out with a coin. This thing is changing. And whereas the original plan, Doc,

I believe was a global currency, one dollar, one whatever you wanted to call it, one coin for the whole world. That's not what's coming out now. The dollar is dying, but it isn't a death by one. See, we thought for decades

the dollar was going to be killed by one currency. Back in the early 2000s, people thought it was going to be the euro. Right. When the Euro Monet monetary unit was released i think in 1999 and i remember the amaro remember talk about that the the north american right currency that they were talking about so they always thought that there was going to be one

uh killer coin that was going to replace the dollar that's not what's happening the dollar. That's not what's happening. The dollar is going to die from a thousand slashes. So dozens, maybe even hundreds of digital currencies being launched simultaneously. And it's called crypto. It's crypto. And the central banks

are trying to get a jump on crypto because they know that they've lost control. They know that people are putting their money in cryptocurrency, and they've lost control. And so they're rushing to get their own central bank-controlled coins. Now, what they want to do is make it illegal to own crypto. Oh, yeah, we gave you a crypto coin. Ours. That's the plan.

You want one? You got one. It's ours. Now, that's the only one you can use. It's not going to work. And I thought it was funny in the clip that we showed of Lagarde where the fake Zelensky was saying, you know, I have Bitcoin.

You know, I'd like to see it go up. Christine Lagarde didn't say anything in response to that. She just kind of smiled and moved on to the next question as if knowing, hey, Bitcoin is not going to be around. We'll take it out at some point. I don't think they can. I don't think so. I don't think they can. I don't think so either. I don't think they can, which is the beauty of crypto. It is a populist revolt against central banks. And the greatest danger, only in the United States, the greatest danger to crypto is coming up in the next several weeks. It could be tomorrow.

It could be end of May, by the end of the month of May. And that is the Security and Exchange Commission ruling. Whether it's an asset or a commodity. Now, if they rule against cryptocurrency, it will hurt crypto in the United States. It's not going to hurt crypto outside the U.S. Because it doesn't matter. Because it doesn't matter. And wealthy Americans know how to set up an offshore account, and they'll just deal in crypto outside of the usa right and then then the u.s will try to

make it illegal for an american i mean they'll just continue to go you know they made it illegal to own the venezuelan coin which is backed by venezuelan oil right as an american you can't legal? It's just central banks and governments trying to control what people do, what they own, trying to control their own destiny. I don't know where the SEC is going to go on this, Doc, but I know it's not going to kill crypto, but I do see major changes coming. We just showed you a few minutes ago the big banks are reporting or are expected to report deposit flight. Deposit flight meaning money is flying away. People are removing their money from the banks. They're saying moving into money market funds, but I also believe they're also doing other alternatives too.

They are. They're going into gold. They're going into crypto. They're going into other commodities that they can have control of. Wall Street Journal, bank volatility to cut U.S. economic growth. Go ahead, Doc. So tighter bank lending prompted by the recent failure of two midsize American banks will likely slow U.S. economic growth this year.

That's according to the International Monetary Fund, warning that rising interest rates pose a threat to the global financial system. It said in the article, because regional and smaller banks in the U.S. account for more than one-third of total bank lending. A retrenchment from credit provision could have a material impact on economic growth and financial stability. In other words, if regional and smaller banks in the U.S. decide to cut back on lending, making loans, you know, in order to minimize their risk, that's going to have an impact not just in the United States, but all over the world. There's going to be their risk, that's going to have an impact not just in the United States,

but all over the world. There's going to be a ripple effect that could cause some real issues for people. So continue to watch this. I'm going to throw a curveball to our guys in control room, but these guys are so fast. I know they'll hit it. They probably already have it lined up.

Yeah, so yesterday we had a story that we didn't get to about $1.5 trillion in commercial real estate loans coming due in the next couple of years. Doc, this is a ticking time bomb. This is in the United States, $1.5 trillion of commercial real estate loans have to be rolled over in the next several years. Here's the problem. It's twofold. Number one, there is a decrease, there we go, look at that, Bloomberg, okay, $1.5 trillion wall of debt is looming for U.S. commercial properties. There is a devaluation of commercial real estate, particularly offices. And real estate experts are saying that there could be a 40% drop in commercial real estate valuations. 40%?

40%. That's significant, Rick. I mean, 40%. I know. I know. Doc, look what happened in Florida 2008. I mean, this ministry, we bought a new building for 13 cents on the dollar. So that's more than 40%.

But anyhow, they're expecting a 40% drop in the valuations of commercial real estate, particularly offices, because people aren't going back in the offices. The second thing is the banks are experiencing this capital flight, deposit flight. And number, actually the third one, the central bank is raising interest rates. Which basically taxes the banks and does that. So the banks will have less capital to work with paying higher rates. Which means fewer loans. Fewer loans and the loans that are coming due have dropped in value maybe by 40 percent. Right because you've

got interest rates right now about seven%, 8% per year right now. So that over a 30-year note, or let's say a 15-year note, like for commercial properties, do the math over that over a long loan. Banks lose money on the deal. So what do you do, Doc? If you're a banker in middle America and a local businessman or woman comes to you a year from now and says, hey, you know, my note's due, my five-year note.

Remember that commercial loan you gave me at 3% interest? And I bought this building when real estate was soaring. Well, it's worth 50% less than it was when I bought it. And the banker says, well, we've lost a lot of depositors. They've left the bank in the past two years. And interest rates have gone up. And interest rates now, commercial loans are now 9%, 10%.

I'm talking about a year or two from now. What does that local banker do with that loan? How do they refinance it? They can't. That's the point. They can't. So what happens to $1.5 trillion in commercial real estate loans that can't find anyone to refinance it? That creates a big problem for the entire banking industry, doesn't it?

It does. Because suddenly they're left holding the bag. Yes. And banks aren't used to holding the bag. That's right. Unless it's your bag that they're holding. And let's just add another thing into it. Let's say over the next year or two,

Saudi Arabia has completely walked away from the United States. And the petrodollar is in the septic tank. Now what do you have? And inflation is now hitting 100%, 200%. Not 8%, 9, 10% inflation, 200% inflation. What happens now? This is the scenario that's staring us in the face right now. And our leaders have brought us to the edge of a cliff,

and we're running out of cliff. We're running out of land, all right? We're at the edge of the cliff, and it all comes down to, I'm going to bring it back to God. It all comes back to the leadership of this nation rejecting God. And Almighty God has allowed them to make their own decisions. And now we're facing we're facing our own folly

as a nation. Our own foolishness. We've come to the end of the road. They've been kicking the can down the road and now we've ran out of road. And you're just looking at a wall or a cliff and you can't kick the can anymore. Now you have to pay,

you have to pay the price for all of the rebellion, the sin, the foolishness against God. You have to pay for it. You know, sometimes we think the judgment on America would be annihilation through war. But he may judge us by just letting us continue to be ourselves. Life becomes so miserable that you can't stand it anymore.

Let's take a look at a couple of things. I'll show you what. This is a San Francisco standard. Downtown San Francisco Whole Foods closing a year after opening the store. One year later. How much money do you think, I mean, Amazon owns it.

How much money do you think Amazon put into that store in San Francisco? A high-profile location. Millions. I mean, easily millions. Tens of millions. Tens of millions. And considering the California real estate market, you've got to know they spent quite a bit. And they're walking away one year later. Right. Now they're blaming drug use and things like that. So one of the largest supermarkets in downtown San Francisco shut down

at the close of business yesterday, just a little more than a year after the store opened, company officials told the Standard. A City Hall source told the Standard the company cited deteriorating street conditions around drug use and crime near the grocery store as a reason for its closure. I agree, Doc. That's the point I'm making. The people running the country have destroyed the country. They've destroyed it. The people managing San Francisco have destroyed that beautiful city.

Yes. That a company like Whole Foods would just walk away from tens of millions of dollars of investments and say, we've got to get out of here. Our employees are going to get killed just trying to come to work. Our customers won't come here because there's so many drug addicts.

And yet, who are the political, who's the number one political leader of San Francisco? Nancy Pelosi. She's not the mayor, but if you say san francisco you think pelosi who's the governor of california newsome they've destroyed the state and now companies are saying we just got to get out of here we're losing money it's We're actually afraid our employees are going to be killed. We're afraid our customers are going to be killed just coming here to do business with us. And when that happens, property values decline, commercial real estate values

decline, and that creates a domino effect. And we're starting to see this in all woke cities around the country. Chicago is a great example of a woke city. Eight Walmarts in Chicago, they're closing four of them. This is from Fox News. Walmart closing four Chicago stores, blaming millions in annual losses. So Walmart announced Tuesday that it's closing four of its Chicago stores because they're part of a group of locations that lose, listen to this, tens of millions of dollars a year. Now, how are they losing tens of millions of dollars a year?

It's not through a lack of sales. It's through theft. Yes. Plain and simple. The people walk in and shoplift and the police do nothing because the city leadership doesn't want to prosecute shoplifters because they have a woke district district attorney. So the quote from the article says they haven't been profitable for 17 years. Think about that. The simplest explanation is that collectively our Chicago stores have not been profitable since we opened the first one nearly 17 years ago. Think about that. These stores lose tens of millions of dollars a year and their annual loss has nearly doubled in just the last five years, Walmart said. Who operates a business like that? Someone that said, hey, we're just going to lose money

in a situation. Sam, we've invested- Sam Walton wouldn't have done that. No, of course not. We've invested hundreds of millions of dollars in the city, including 70 million in the last couple of years to upgrade our stores and build two new Walmart health facilities and a Walmart Academy training center. It was hoped that these investments would help improve our store's performance, Walmart said, but unfortunately, these efforts have not materially improved the fundamental business challenges our stores are facing. Now, like Rick said, the biggest problem in these particular stores is theft,

but Walmart also sees the future, too, because Walmart is just not a retail giant. They're also a real estate company. And they see big changes coming very, very soon. And what did Chicago do? They voted out Lori Lightfoot, and they voted in somebody worse than her. Right, more progressive than Lori Lightfoot, if that's even possible. All right, let's take a look at Portland,

Oregon. Retailwire.com. Why? Why is Walmart closing its Portland stores? We can't figure this out. Could it be Antifa? Could it be the broken glass? Could it be the violence outside the stores? I mean, what has been going on in Portland for the last several years? You're right. I mean, it's like they've been given carte blanche to vandalize and steal and do whatever they want to. Walmart's planned closure of its last two stores in Portland's city limits later this month

has drawn national coverage amid speculation that it may be due to rampant shoplifting. Maybe. Speculation. Speculation that it may be due to rampant shoplifting. Now, the article goes on to say, Portland has seen a surge in homicides and other crimes, including shoplifting, and the spread of homeless camps following moves by the city in 2020 to temporarily reduce police funding after months of politically charged protests. They didn't temporarily reduce funding. They've permanently reduced police funding. So the Democrat communists of Portland busted up the police department,

allowed Antifa to burn down police stations. And crime is soaring. Murder, rape, violent crime, shoplifting, and the stores are leaving. And they're wondering why. Why? Portland's such a... This is where all lefties want to live, Portland, Oregon. Well, go ahead and live in the hellhole that you've created because sensible people are packing up and leaving. And where's the number one place that they're going? Right here in Florida. Florida. They're coming to Florida because this is still a free state.

Okay, we'll do some World War III stories really quick before we wrap it up. CNN, military exercises suggest China is getting ready to launch a war against Taiwan. This is an interview with the Taiwanese foreign minister. So one day after China simulated joint precision strikes on Taiwan during military exercises around the island, Taiwan's foreign minister Joseph Wu condemned Beijing's actions in an exclusive interview with CNN and warned that they seem to be trying to get ready to launch a war against Taiwan. He said, look at the military exercises and also their rhetoric. They seem to be trying to get ready to launch a war against Taiwan. The Taiwanese government looks at the Chinese military threat

as something that cannot be accepted, and we condemn it. When asked if Taiwan has any sense of the timing of potential Chinese military action, given U.S. intelligence assessments that Xi has instructed his military to be prepared by 2027, Wu expressed confidence in Taiwanese preparations. So basically they're saying, we don't have anything to worry about really until 2027, but we need to be preparing along those lines. So Rick, is the war scheduled for 2027 or earlier? Well, let's look at

this last quote. So Chinese leaders will think twice before they decide to use force against Taiwan. And no matter whether it is 2025 or 2027 or even beyond, Taiwan simply needs to get ready, he said. I don't know, Doc. I mean, at times it seems in recent months that China's ready to invade Taiwan today. And yet we keep seeing these estimates, that is, you know, there's projections somewhere between 2025 and 2027. It's hard for me to believe that this is going to continue like this, you know, for another two to four years.

But it's possible that both sides... Look, the Chinese are watching what happened to Russia and Ukraine, and the U.S. was watching. The U.S. wanted a war, and Russia knew a war was coming. Neither side wanted it to start last February. Neither side was ready.

That was, America wanted the war. The Russians knew there's going to be a war and we're going to have to fight it. But neither side wanted it to start in February of 2022. Both sides would have liked to have had some more time. A little bit more time. Yes, to strengthen their respective positions. So I'm going to say the same thing about China and Taiwan. Will China make a decision? If we wait, Taiwan is going to have more resources,

more military support. Joe Biden may not be in the White House. Our friend, the man that we bought, we purchased. Yes. So they want to strike while he's in the White House. But we don't know what's going on inside China

or what preparations they're making because a lot of it, Doc, has to do with finances. How will the Chinese economy hold up in a time of war, in the aftermath of war? Because whether we like it or not, America is China's number one customer. Precisely. Precisely. And Taiwan is the world's number one producer of microchips. If that factory is either destroyed or captured by the PLA,

all microchip production comes to a screeching halt. I saw a headline today, Business Insider, that said that one possible scenario, if it looked like China was going to move onto Taiwan, is that the U.S. would destroy the semiconductor factories in Taiwan so they wouldn't fall into the hands of the Chinese. The U.S. would destroy it? The U.S. would destroy it? Who said that?

The U.S. would. That was in Business Insider today. But we would be cutting off our own supply. Yes, but we don't want that supply to fall into China's hands either. So that was a scenario that they're after. But there would be massive disruption in the world. Well, they want disruption. Okay, but there could be years before anybody could get microchips for their products. So you're right. There's that balance there. Senator Lindsey Graham wants to send

American troops to Taiwan to fight the Chinese. He appeared on, I think it was Fox News. Yes. On Sunday. Yeah. Here's a short clip of that interview. Okay. Very quickly, because I want to get to a lot of other topics. Chairman McCaul discussed with Aisha Hosni there about the possibility of authorizing force and the possibility of sending U.S. troops to Taiwan. Do you would you support that scenario? Strategic ambiguity is not working. China, after Afghanistan, believes that the store is open, that you can go in and take whatever you want on Biden's watch. So the question for the Congress,

should we have a defense agreement with the island of Taiwan? We don't. Should we have one? But yes, I'd be very much open to using U.S. forces to defend Taiwan because it's in our national security interest to do so. You heard it there, folks. So you could see a day where we have U.S. troops in Taiwan. And why would we have U.S. troops in Taiwan? We're protecting our technology interests in the future, like Rick said. Remember what Viktor Orban said just weeks ago, the prime minister of Hungary, he said a decision is going to be made very soon about

putting NATO troops in Ukraine. Yes. So are we going to have American troops in Ukraine fighting the Russians and American troops in Taiwan fighting the Chinese? Rick, I've got news for you. We've got U.S. troops in both places now. I know we do, but I'm talking

about tens of thousands, hundreds of thousands. Are we going to do that? We're going to fight the Russians and the Chinese simultaneously? Rick, there are people crazy enough to think that we could do that.

I know that. Or they might say, the rest of NATO, you focus on Ukraine, the U.S. focuses on Taiwan. But then when you have Taiwan, you've got the whole Pacific theater to deal with there. That's right. I got one more article before we wrap it up.

I'm going to jump down, guys, to number 32. This is Washington Post. This is a big story. Egypt secretly planned to supply rockets to Russia, leaked U.S. documents say. Now, this is part of that big document package that was leaked. We did a story yesterday about Korea. Actually, this is another set. Another set? Yes. I thought this was part of the same set. Nope. I did too. It's actually another set of documents that were finally disclosed today. Oh, so they did. Oh, I get it now. So, well, President Aboufattah el-Sisi

of Egypt, one of America's closest allies in the Middle East and a major recipient of USAID, recently ordered subordinates to produce up to 40,000 rockets to be covertly shipped to Russia. And that's according to a leaked U.S. intelligence document. A portion of a top-secret document dated February 17th summarizes purported conversations between Sisi and senior Egyptian military officials and also references plans to supply Russia with artillery rounds and gunpowder. In the document, Sisi instructs the officials to keep the production and shipment of the rocket secret to avoid problems with the West. The Washington Post obtained the document from a trove of images of classified files

posted in February and March on Discord, a chat app popular with gamers. The document has not been previously reported. I read that earlier, but I thought that was just part of the other trope. What I get from this, Doc, is the Washington Post has been sitting on this story for months that they had the documents and they were sitting on it

and maybe reluctant to publish it. Maybe somebody in the U.S. government is saying, please don't do this. Don't publish the story. But now that the Pentagon documents were published in the past week, I'm thinking that the editors of the Washington Post said, let's do it. We've got an even bigger story. Let's go with the Egyptian story. So according to this, President el-Sisi has a secret deal with Vladimir Putin to ship 40,000 Egyptian rockets to Russia, which then would be sent to the battle in Ukraine. Right. What does that say? Russia, which then would be sent to the battle in Ukraine.

What does that say? Egypt is America's ally. But behind Biden's back, Egypt is working with America's enemy. Because we've made Russia our enemy. Right. And Egypt is saying they're not our enemy. And we see how things are changing in the Middle East. We see that America is being pushed out. Saudi Arabia is going to align with China and Russia. And China brokered a peace deal between Saudi Arabia and Iran. I mean, President

al-Sisi is looking at this and saying, hey, I can count. I can put this together. America is not the top dog here anymore. It's Russia and China. We've got new sheriffs in town. He doesn't care what Joe Biden thinks. The shift has happened, Doc.

Yes. There are whole new sets of alliances that are taking place now on a daily basis, it seems like. And we continue as American forces throughout the world to basically be the world's bully. You don't do our way. We've been caught. Now we've been caught spying on Egypt. Yes.

It's not working anymore. Caught spying on South Korea. Theseying on Egypt. Yes. It's not working anymore. Caught spying on South Korea. These are both allies. Yes. And now we find out, at least from Egypt, that maybe they weren't such an ally after all. Oh, hey, you know, I said that was the last article. There's one more I have to do.

I got to do one more. Guys, let's drop down to 39. This one is amazing. This is out of the times. There he is, Ben-Nate. Remember Ben-Nate, aka Benjamin Netanyahu? Well, there he is, Ben-Nate. And this was in the times of Israel today. Times of Israel, mind you. You're the refuser. Netanyahu's former commander says he evaded wartime service. So a former commander, Prime Minister Benjamin Netanyahu

and the Israeli Defense Forces elite, Sariet Maktouh unit, on Tuesday accused him of refusing reserve duty during the First Lebanon war, a day after the premier spoke out against reservists who threatened to refuse duty over the government's judicial overhaul plans. Netanyahu's office dismissed this claim as utterly false. Not just false. When they say utterly false, you could know. It's not just false. It's utterly false. And so in a letter to Netanyahu, Lieutenant Colonel Shlomi Reisman wrote that

while the premier served as a diplomat in Washington, D.C. in 1982, he refused to return after being called back for an operation that wasn't to your liking. So in those years when I was your reserve battalion commander, we bore the burden, and each of your friends, young and old, served 40 to 70 days of reserve duty each year. Some even came especially from overseas. You served a minuscule number of reserve days, so I removed you from the unit's order of battle, Rivesman wrote, compared to you, the reservists you lash out at do many days of reserve duty without making excuses or stories, and they are not refusers. You are the refuser. You refuse to

stop the destruction of democracy and the IDF, he added. And so this is from his former commander coming out today and basically lashing out at Netanyahu. Rick, the tone in Israel has changed dramatically. Can you imagine the Times of Israel, Haratz, any of the Jewish outlets even two years ago publishing something like this about Netanyahu? Or a military commander. Right.

I suspect that Netanyahu regrets Or a military commander. Right. I suspect that Netanyahu regrets that he ran one more time. He probably wishes he didn't do this because this government is a disaster. The country's on the verge of civil war. He's being outed. People hate him. The country is split.

His government is held together only by him surrendering power to the most radical Zionist groups that have ever been in Israel since 1948. And he can't control them. They're controlling him. I wouldn't be surprised that he resigns. That he just throws his hands up and says, I'm done. I can't

govern this country. And he just retires and walks away. It is a disaster. And the military is against him. Mossad is against him. Those are not good odds. No.

His days are not. You know what he needs? He needs a war. He might just get one. He needs a big war with Iran. But Saudi Arabia is now Iran's friend. How's he going to convince the Arabs that it's right to attack Iran? And Egypt is Russia's friend now.

Yes. Yes. So he's lost all of his bargaining chips, his leverage. He doesn't have it like he used to. The times are changing, Doc. The times are changing. And the CFR bullies, the Bilderberg boys, all these guys that have been pushing nations around for decades. Now the nations are just thumbing their noses out and just walking away and saying, we don't need you anymore. We found others, and we're done with you. And that has impact for you and me living in the USA.

My final piece of advice, do not worry. Do not fret about how you're going to financially survive in the days and years ahead. Disconnect from the world system. Connect to God's system. Learn the principles of the kingdom. I spent, Doc and I spent seven weeks teaching the parables of the kingdom on morning manna. And we've pre-recorded for next week because Doc's going to be away and I'm going to take a few days off to rest and pray and seek the Lord about the direction of this ministry. But we recorded seven weeks of programs on Morning Man about the principles of the kingdom, the parables of Jesus. Disconnect from this world, connect to the kingdom of God, his economy will not collapse.

He will not fail you. He will take care of you. It doesn't matter how America's doing or the Roman Empire or the Ottoman Empire. It doesn't matter. They've come and go. But God's people always are blessed. God takes care of them. He will feed you. He will take care of you. Some of you will actually prosper and thrive in this new paradigm that is forming. You'll figure it out and go,

hey, I'm going to let go to the old and I'm going to go with the new and I'm just going to let the Lord take me wherever the currents are taking me. Be brave and be courageous and don't fear. Just trust in the Lord. We'll see you tomorrow. God bless you.

You have been listening to True News with Rick Wiles. Thank you for listening. To find out more information regarding the broadcast, including prayer and financial support, please visit our website at www.truenews.com. Our mailing address for all correspondence is True News, PO Box 690069, Vero Beach, Florida 32969.