TRUNEWS with Rick Wiles - Hedge Fund Warns World Facing “Global Societal Collapse”

Episode Date: November 3, 2022

Big Tech groups are taking a beating today as Twitter, Stripe, Lyft, and Chime all announced layoffs as the Biden economy sets Capitalism on fire. This comes as other major companies like Amazon announced job hiring freezes amid 'leaner times.'Elliott Management, a major hedge fund that manages billions in assets, sounded the alarm in its financial forecast. Elliott sent a letter to their clients warning them of an "extraordinary" set of economic conditions that could lead to a "global societal collapse."With all the doom and gloom economic news that bombards us, it can be challenging to lose sight of what truly matters. Rick and Doc draw our attention to what we can focus on during this economic storm. It's practical advice that can be found in the oldest and wisest book of all time - the Holy Bible.A hilarious gift idea for Christmas 2022! Order your Fauci Elf now!https://tru.news/faucielf

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 www.truenews.com. This is True News. The truth, the whole truth, and nothing but the truth. So help us God. Florida Governor Ron DeSantis made world headlines last August when he told an enthusiastic crowd at a campaign rally in Florida that he was sick of seeing and hearing Dr. Anthony Fauci. Governor DeSantis called Dr. Fauci a little elf and said he wished somebody would grab Fauci

and chuck him across the Potomac River. Here's the video of Governor DeSantis calling Dr. Fauci an elf. I'm just sick of seeing him. I know he says he's going to retire. Someone needs to grab that little elf and chuck him across the hood. Well, guess what? We have a Fauci elf, and you can have one too. So we are excited to introduce to you today the all-new original Fauci elf.

And we want to thank Governor Ron DeSantis for inspiring the birth of the Fauci elf. And Doc, this little critter, you know, he's a friendly little guy that everybody should have one in their home. And it makes a great, I got to get in the camera here, it makes a great gift for this holiday season. Now on our camera, he's a little bit darker, but the website image is actually more realistic of the green. And so the Fauci elf, he's got, Doc, here on his, right here on the, well, I got to get this right, okay? Right here on his chest is embroidered, I love Wuhan. And if you turn him around, on his backside, it says, owned by China. Now, the Fauci elf also talks. And if you press his hand right here, he'll speak to you.

We're going to do it right now so you can hear some of the things the Fauci elf will say to you. Vaccinate, vaccinate. Social distancing forever. Hey, don't hug your mother. I am science. Yeah, and he says a few more things too. So my favorite is don't hug your mother. That's my favorite.

But, you know, does that sound like Dr. Fauci? It does to me. It's so realistic. And so it looks like Dr. Fauci. It sounds like Dr. Fauci. It does to me. It's so realistic. It looks like Dr. Fauci. It sounds like Dr. Fauci. It is the Fauci elf. What I can tell you is that

DeSanta Claus, that's the new name for Santa Claus, DeSanta Claus, his North Pole workers are busily making thousands of Fauci elves. And this collector's item will ship in December. So you can get your name at the top of the list. We are now taking orders starting right now. The banner is on truenews.com.

Click the banner. It will take you to the page that you're looking at right there. And that's where you can order your Fauci Elf. Now again, they're not shipping until December. They're literally being manufactured right now. And we will begin shipping them in early Decembercember um and it's just this is a great gag gift it's it's it's a you know it's a stocking stuffer it's uh you know this is something uh somebody just said to me a few minutes ago thanks rick uh i just i now have my christmas shopping done everybody on my list is getting a Fauci elf. Whatever you want to do with your Fauci elf,

maybe you could put it on a slingshot and shoot it across the Potomac River. You can do anything with it. Take a special trip to D.C. Maybe we can come up with a Fauci chucking game. Whatever. Have fun with it. It's the falchi elf and

part of the funds go to support true news so the the price now this this includes shipping and handling for one falchi elf it is. It's a donation to True News. It includes the shipping and the handling. You can get two elves for $68, three elves for $95, and five elves for $150 donation to True News. So get your name at the top of the list. The sooner, the better. And you'll be at the very top when we begin shipping what if

i want to order multiple you know what if i want two or three or five is there anything i can do or do i just have to buy one at a time order no no we have them right here so doc it's on the web page they can get one two three or five and uh you know if they want to buy, if they're looking at $20 or $30. Right. So there it is on the website right there. So for one Fauci Elf, $35. And for right now, it's USA deliveries only. Okay. Yes.

So we need to make that very clear. It's USA deliveries only for that. We'll explain more later. But for now, it's USA deliveries only on the orders. And so for $95, you can get three Fauci Elves. Once again, USA Deliveries only. And for $150, gift to the ministry, you can get five Fauci Elves. And then we make it simple for you.

Just click the button. We walk you right through the process here. That's right. And as Doc said, it's a USA delivery. However, for people in Canada and Europe that want one, just give us about a week and we will give you your solution, how you can get one also. The reason we can't do it right now, is that this is a donation to True News, and we're keeping this inside the USA. So we want our American partners to be able to get the Fauci doll as soon as possible. But we will have a solution for our Canadian and European supporters. Give us about

one week and we'll tell you how you can order one also. What's he holding in his hand? Oh yeah, so he's got a syringe. That's a little syringe right there. Okay. And once again, up on his chest. Yeah, I love Wuhan. I love Wuhan. I love Wuhan. And I just love that his rear end is owned by China. Yeah, his butt's owned by China. And he's just pressing. Social distancing forever. I don't know if I can get even closer to my microphone here. Hey, don't hug your mother.

Deck the halls with lots of boosters. Does this sound like Fauci? It does sound like him. Yeah. Vaccine shorts, booster jams, Wuhan all the way. Wuhan all the way. Even sings Christmas carols to you.

So get your Fauci Elf order now and we will begin shipping them in early December and we want you to have more than one. This makes a great gag gift. This is something that will make a lot of people laugh when you hand them a Fauci elf.

And all the thanks go to Governor Ron DeSantis for giving us the idea of a Fauci elf. So we've got to get one over to Governor DeSantis. Yes. And then he can chuck it across the Potomac. I don't know. Maybe we can come up with a contest to see how far across the Potomac you can get the Fauci elf.

Okay. All right. We'll tell you more about it tomorrow. One other thing, Doc. Next week. Next week, it's finally here. trip to jordan yes it is coming up we will be at jfk airport next wednesday and so all of you who are signed up to go there's 48 people going with us we got a full house uh every seat on the bus is filled. Yes.

And we're very excited about it. We're going to have a great time. We're leaving on, let's see, what is it, November 9th? Yes. And then we leave Jordan on the 17th. Yes. Come back. And so we're flying Turkish Airlines.

It's a great airline. You're going to love it. And they treat you well. It's a great airline. You're going to love it. And they treat you well. I got a couple recommendations. Number one, I checked the weather forecast, AccuWeather, and their forecast for Amman, Jordan next week, which is the capital city. Daytime, upper 60s. Nighttime, mid 40s.

So dress appropriately. First time Doc and I were there, it was hot. Yes. It was very hot. But it's not going to be hot now. Now the sun is still going to be bright. It will be bright. Yes, so dress appropriately for that as if you're going to be in the sun. And have sunglasses.

Right. And if you're susceptible to the sun, sunscreen as well. So we need to think about those things. Or dress appropriately is what we would say. And also my recommendation on clothing is wear dark clothing. The culture of the Middle East is dark clothing. And you see that also in a lot of South America is dark clothing. I don't know about Asia.

What do you see in Asia? It's a variety in Asia right now. But bright colors and white and things like that, it's not so much. You don't see very much of that in the Middle East. So I'd recommend dark clothing, and that way you blend in with everybody else okay good walking shoes because we will be walking a lot and so think about three miles a day at least we could yeah and prepare for that also recommend no shorts yes it's shorts are not considered appropriate attire in Middle Eastern countries. You do see

in Amman, you see some younger people wearing shorts, but ordinarily you just don't see shorts. And again, you don't want to stand out. You want to blend in with the locals. And so, you know, if you're wearing shorts and, you know, short sleeve shirts with, you know if you're wearing shorts and you know short sleeve shirts with you know I just it's better just just to have pants and you know even long-sleeve shirts or you know I don't think so the shirts matter as much but I definitely would recommend that you don't wear shorts. Also, your electricity converter, that's what it looks like. You need to have one of these do floppy. It has two prongs on it that are round.

They're the brown prongs. Every pharmacy in the country, you can pick one up at Walmart or Target or anything like that. Not three, two. Two prongs. Get yourself one. You're going to need it if you want to charge anything, your phone or any device, because your electrical cord is not going to fit.

So have one of these. I see that one's labeled as Type C, although I don't know if that's the same thing across the board or not. Well, yeah, this one will take two prongs or three. Okay. All right. In the back, but you definitely have, you need this right here. Anything else that we need on food?

You're going to do fine on food. Yes. Don't worry about food. Jordanian food is delicious. Your biggest problem is going to be stopping. It's very, very good. And good for you too. Yes.

And if you're vegetarian, don't worry. There's plenty. There's plenty of vegetable dishes. But if you're a meat eater, there's plenty of meat also.

Be open to trying new foods and new flavors and everything. I hope you like lamb chops. We eat a lot of lamb chops and a lot of salads and so forth. But the food is great.

You're going to enjoy it. And bring your Bible. Bring your Bible and a little bit of spending money. You don't need a lot of cash. Two of your meals will be taken care of, breakfast and dinner. If you want to get lunch, you'll be on your own to get your lunch.

And then other than that, just incidentals. If you want to buy a bottle of water or a snack or for gifts, so forth. But you don't need a lot of cash. We're going to take care of you on the trip, and it's going to be a great time. We're going to have care of you on the trip, and it's going to be a great time. We're going to have fun on this trip. And please be at the JFK Airport inside at the gate at least an hour before the flight. Yes. Because we're going to do a little true news show.

At the airport. At the airport. We want you to be there. So be there at least one hour before the flight time the earlier the better okay okay so let's get into the news we have known all year that this is coming and the dam is cracking and they cannot hold us back any longer. And it was cracking big today. It was big. It's like they all started announcing at the same time. So we'll start with number one from the Financial Times of London. Tech groups cut jobs and Paul's hiring amid leaner times. And we're

going to see that phrase leaner times pop up several're going to see that phrase, leaner times, pop up several times in various news outlets today. That's the phrase that they're using. They're not even wanting to say recession or anything like that, just leaner times, Rick. That's right. So Elon Musk plans to eliminate about 3,700 jobs at Twitter, this is from that Bloomberg report there, or half of the social media's workforce in a bid to drive down costs following his $44 billion acquisition. That's according to people with knowledge of the matter. Twitter's new owner aims to inform affected staffers Friday, said the people who requested anonymity discussing non-public plans. Mr. Musk also intends to reverse the company's

existing work-from-anywhere policy, asking remaining employees to report to offices, though some exceptions could be made, the people said. Yeah, so that actually goes with the next, we kind of have this reversed. Number three, this is Bloomberg. This is the article that Doc just quoted from. Musk plans to eliminate half of Twitter's jobs. And plans doing that this week. And so. Doc, I don't know if I, I don't know if I've ever can recall a major corporation in one day eliminating 50% of its

workforce and still staying open. I can't think of it either, Rick. I mean, you go back to, you certainly can't do that in a manufacturing plant without shutting the plant completely down so there are thousands of little leftist snowflakes in silicon valley that are in a state of shock today you get a lot of them who have not even returned to the office since And I saw one, I mean, it was the ultimate leftist snowflake. I saw this on Fox News. I would say a tranny. It appeared to be a woman with a beard, with whiskers, I guess, okay? Okay. I don't know what I'm, you know, I'm looking at a female with a beard, with whiskers, I guess, okay? I don't know what I'm,

you know, I'm looking at a female with a beard, okay? He or she was just sobbing and crying. Oh no, it wasn't a Twitter. It was a Starbucks employee. And she or he was required to work eight hours per day. And they were sobbing over the cruelty. The cruelty of working an eight-hour job? The stress. Wow. And she was breaking down, or he, or whatever, was breaking down and sobbing that Starbucks was making her or him work eight hours a day. And I'm thinking, oh, you little snowflakes, you're about to grow up. You have no idea what it's going to be like six months from now.

Well, a lot of these woke companies are going to start waking up real quick. We have this also. This is today as well from Daily Mail. Lyft, a competitor of Uber, is set to slash 700 jobs as it cuts staff by 13% in the second round of layoffs this year. Stocks for Lyft have dropped 20% this year alone. The firm's co-founders told staff in an email which said Lyft has to become leaner. You see that term once again, leaner times, or we've got to trim things down.

We've got to be lean and mean. And the stock is down 70%. Yes. CNBC reporting Chime. Chime is one of the up-and-coming instant pay options. It's like a bank on your app. It's fintech. Yes. So Chime is cutting 12% of its workforce. They're announcing this today as well, adding to a recent wave of tech layoffs. Now, Chime had seen explosive growth throughout the pandemic,

but now the chickens have come home to roost. Another big fintech company, Stripe, also major layoffs today. Right. So this is another one. You start seeing a pattern here. All these are happening today. Transaction company, Stripe, announcing a layoff of 14% of staff in anticipation of, once again, leaner times. You're going to see that over and over again. Now, they're saying that the company overhired amid a surge in internet commerce during the pandemic. But the one that really caught my attention today was the Stripe company. And this is Patrick Collison. He's the CEO of Stripe. And he sent an email out to employees this morning Rick and I want to quote this

email to you because it's pretty harsh actually earlier today Stripe CEO Patrick Collison sent the following note to Stripe employees by the by the way this is from the Stripe website okay today we're announcing the hardest change we've had to make at Stripe to date. We're reducing the size of our team by around 14% and saying goodbye to many talented Stripes in the process. If you are among those impacted, you will receive a notification email within the next 15 minutes. For those of you leaving, we're very sorry to be taking this step, and John and I are fully responsible for the decisions leading up to it. 15 minutes. Do you imagine the stress in that office

for those 15 minutes? As people sat and stared at the email box to see. Oh my goodness. It's just the beginning. This is just the beginning. And all these articles are from today alone. That's not counting the multiple ones that have been over the past couple weeks. We just took the ones from today.

Doc, 1980, candidate, Republican presidential candidate Ronald Reagan, in 1980, campaigned on a promise that it would be morning in America if he was elected president. He had an ad, a positive, uplifting television ad, morning in America. America was depressed mentally, economically. It was not a good time. They were looking for hope. They were looking for hope. I was a young married man with 1980 or two children at that time. Jeremy was born in 79, Carissa in 76.

And so I was a young father struggling with the family and the economy was bad from the time I got married and then I got married in 76 and the economy went down and down and down and by 1980 we were like we've got to get rid of the Democrats

this is horrible there's Jimmy Carter in the way it's just get them out of power. They're destroying the economy. And so Reagan ran on this promise of it's morning in America. And the American people said, yes, that's what we want. And it was a huge victory for the Republicans. Last night, Joe Biden gave an angry, divisive, negative speech, and I would say his speech should be called, it's midnight in America. It's dark in America. It is going to get darker if you listen to Joe Biden. Democracy is at stake. The nation is ready to collapse if the Democrats don't stay in power. No, it's actually the opposite. If they stay in power, the nation will collapse.

Joe Biden last night did not talk about the economy. He did not talk about inflation. He didn't talk about the jobs that were going to be lost. He spent his entire time accusing the Republicans of inspiring David DePep to go into Nancy Pelosi's house and beat her husband with a hammer. Yeah, that was the fault of MAGA Republicans. That was the theme last night. He never talked about job losses. He never talked about runaway inflation. He never talked about the loss of hope in this country. Everything was negative and depressing.

And the Democrats are going to get a thumping next week. A major thumping. This is going to be a huge Republican win. You know, I told our audience back at the beginning of the year,

if you've ever thought about running for office, this is the year to do it because you will slide in. If you're in a conservative to moderate state, this is a year. Obviously, you're not going to win in California or places like that unless you're in a super conservative district of California. There still are some. Yes. But there are going to be many conservatives elected next week. Already, there are true news supporters

who actually some have already won their races by default. Right. And others will be on the ballot on Tuesday and we wish them well. And we're so happy to know that members of the True News family took our advice and filed for public office, running for school board and county commissioner and city council and state representative and state senator. Yes, lefties, True News fans are running for office and will be elected in November next week. So we're very excited about that. With Joe Biden's Midnight in America speech last night, and plus the Fed raising interest rates another three-quarter point. And so that added to the

news today. That's why you see the headlines today, the layoff headlines. And there are repercussions now of both the Fed decision and the Joe Biden speech last night that are having repercussions in other places around the world now. Corporation leaders know the economy is breaking. Right. And they still deny that a recession is either here or imminent. They just deny it. What's the, again, you know, it's the psychological warfare. The Federal Reserve is raising interest rates to fight inflation. And said they will continue to raise them. But they don't want a recession. They're going to fight inflation without a

recession. Now, when the central bank raises interest rates, the only purpose for it is to cause a recession. Yes. To recede the economy. Yes. The purpose of raising interest rates is to cause a recession. And they'll use all kinds of flowery language like, well, we're hoping for a soft landing, not a hard landing. Or a transition. No, you're hoping for a hard landing because you're trying to stop inflation, which was caused by the central bank. Monetary policies. Yes, but they can't admit it because the people would then figure out what clowns these people are.

So a lot of people are going to suffer in the coming, not months, years. Folks, what is happening right now, this is going to last for years. My analysis is we're looking at 10 to 15 years of a bear market, a stagflation, 10 to 15 years of a bear market, a stagflation 10 to 15 years. That's what I see. And you need to adjust your plans and your thinking and your strategies to deal with a 10 to 15 year economic downturn because that's what we're entering into right now.

And you said the dam broke today. You know the Democrats wanted to hold this off- As long as they could. Till the day after the election. They did not want these kind of headlines before the election. This is horrible for the Democrats. And this is coming out of the tech companies that support Democrats. And most of these people that are getting laid off are lefty Democrats. And now they're going to have a wake-up call. Am I supposed to support the Democrats more?

This is what they've done to us. Well, at least there are some places in the world that are admitting that there's a recession taking place. This is from BBC. The Bank of England today is expecting UK to fall into the longest ever, R word, recession. The longest ever.

Yes. Now, the Bank of England. It's been around a while. Said this is going to be the longest ever recession in the history of England. It's been around a while. Said this is going to be the longest ever recession in the history of England. Just let that soak into your brain.

The longest ever recession. And that's by admission of the central bank. So they're bracing the people. They're preparing the people. Hey, this isn't going to be a couple months. They also raised interest rates, the highest rate that they've done in 33 years. So they're bracing for this. I mean, they're basically putting the emergency brake on the U.K. economy, aren't they?

That's right. So what's happening in the world of the news media? How are those guys doing, Doc? Well, we kind of touched on this last week. This is from about a week ago. New York Times reporting CNN is signaling layoffs and budget cuts before the end of the year. That's Chris Light, the CEO over at CNN.

Well, before the end of the year, that means November, December. That's right. We're at the end of the year. So there's going to be major layoffs at CNN. Well, before the end of the year, that means November, December. That's right. We're at the end of the year. So there's going to be major layoffs at CNN. That's what's coming. In the next 50 days, there's going to be major layoffs at CNN. Now, this is a combination of its recent merger of the Warner and Discovery networks and everything, and so there's a lot of consolidation going on. Why?

Because Warner Discovery is looking at leaner times once again. See that phrase coming up again and again, leaner times. They're afraid to save recession, but that's what a recession is. It's leaner times. Our old buddy Chris Cuomo. Who used to work at CNN. And then he got booted from CNN, and he landed over at News Nation, a new news network. How's he doing over at News Nation?

Well, he isn't doing as well as he thought he would, at least in his own mind. He's demanding a new time slot at News Nation as his ratings go into the tank. Now, apparently he's fuming about lackluster ratings performance. He's blaming the time slot. I would put it on the personality, not necessarily. It may be that people remember him from CNN

and his brother. Now, News Nation is trying a different approach, Rick. They're trying to bring in both some liberal anchors and some conservative anchors and trying to do a mix. Which is what CNN was in the 1980s. Right.

Pat Buchanan working at CNN. Right. It's going to be interesting to see how News Nation fleshes out here. It's the old interesting to see how News Nation flushes out here. It's the old Tribune network, WGN and everything. But the viewers are doing thumbs down on Chris Cuomo. That's right. And he's saying, it can't be me.

It must be the time slot I'm in. Right. You might wanna look in the mirror. Yeah. Another one to watch out, this was announced today, Fox alumnus, Shepard Smith. Well, CNBC has decided they're going to be canceling Shepard Smith's show. He's going to be leaving after his two-year contract is up here.

Bye, Shep. Sorry. Maybe he'll find a job at News Nation. We're not laying off here at True News. Nope, we're not. We're doing okay. Yeah. No lean times here.

The Lord's blessings on us, but the world's having lean times. And I want to talk to you about this later, about whether you're going to have lean times or the blessing of the Lord on your life. Well, that reshuffle that's taking place over at CNN included one of, used to be nighttime commentators, Don Lemon. They decided, you know, let's put him on a morning show. But CNN this morning with Don Lemon is not doing so hot. It's debuting to dismal ratings.

Dismal. Right. Look at this, Rick. CNN's new morning program managed a dismal, I like that word, dismal, 387,000 total viewers. Way to go, Don. Must be your time slot. Yeah.

Could be your personality. Could be the people are fed up with you and they just don't want any more leftist news. Maybe that's why True News is doing well and CNN and other lefty news organizations are having difficult times. Well, and another story, and this is from Variety, this is a combination of both media and tech in the same story here. Layoffs loom as Paramount preps for consolidation of Showtime networks and Paramount+. So what you're going to be seeing over the next few months and next couple of years, you're going to see a lot of consolidation and merger as now the technology is now being rapidly applied. In brands that you were familiar with 30, 40 years ago, like Showtime, for instance,

used to be a pay channel on cable TV, one of the things you had to pay extra for. But now it's going to be absorbed into the Paramount Plus app as merely a brand within it. Well, because you're going to see subscription consolidation. The consumer is already starting to eliminate subscriptions. And you and I have seen this in the past. We've experienced it back when cable was on the rise. When cable first started offering premium channels, you paid for it a la carte, one at a time.

You paid for HBO, you paid for ESPN, and then they started offering packages. Bundles. Bundles, and then you started seeing some of these networks combine resources and come together. Disney bought up ESPN and ABC, and then you saw that consolidation. Now we're seeing the same thing happening within OTTs, the Netflixes, the Amazon Primes, the Paramount Pluses. And we're going to see further consolidations, and then we're going to

see that bundling take place again, aren't we? Because people are, the consumer has already started eliminating subscriptions. Right. Netflix is losing. Yeah, they're laying off people too. Netflix is laying off. You go to, if you take a look at the numbers

of DirecTV and Dish Network for DBS satellite, oh my, I don't know how many years DirecTV can remain, that is a corpse right now. Right. I'm trying to think, the last quarter, I want to say that they lost like three quarters of a million subscribers

in the last quarter. It's just astronomical. It was a ridiculous number. A ridiculous number. In a three-month time period. That's DirecTV. Some years ago, Doc, they had 25 million subs. They're down now to around 12 million subs.

In a couple more years, they'll be at six million and then the bottom just falls out and direct tv's done it's over okay so i'll give you an example i have a you know my home i have a an ott streaming service right i i was at my email today my personal email and I saw an email pop up, and it said rate increase effective December 1st. All right, what did I do? The very first thing, because I didn't want to forget about it.

While I was thinking about it, I logged into my account, and I started eliminating extras that I had on the account. I think it was various, you know, when I had signed up a couple years ago, there were some extras that you could have added. So I stripped everything down to just a basic package.

I thought, okay, you just raised my rate. Guess what? I just decreased. I decreased more than your raise. Yes. So who won in this? You as the consumer won in this case. And if you keep doing it again, I'll just eliminate it because I don't need it.

You don't have to have all this media in your house. And here I am talking on media, okay? But the less that you have, the happier you'll be. Well, I think for the consumer, this is going to be a big advantage. Now they can choose what they want, okay, rather than just be throwing everything at them and say, well, you're stuck with it. You're just talking about DirecTV.

DirecTV and Dish are talking about merging. No, they've been talking about it for years, but now it's like two. Hollywood Reporter today had a story about it. Well, that's like two coffins at a cemetery talking about getting married. Caught me off guard on that one. I mean, would you invest in it?

No, absolutely not. Oh, so you're going to keep the corpse alive an extra couple more years because you're going to keep the corpse alive an extra couple more years. You're going to get two corpses together. I mean, there's so many free services out there to choose from. They have entertainment packages for folks. Well, let's see what's going on on Wall Street. Reuters says Morgan Stanley to start layoffs in coming weeks as the deal-making on Wall Street slows down.

This is also today as well. They're saying that businesses have taken a hit due to rising inflation and an economic slowdown. So, Doc, if your big corporations are laying off thousands of workers and you're employed in Wall Street in a financial house like Morgan Stanley, and your job is to facilitate big deals,

big financial deals. There's no big financial deals coming. All these big corporations are going to be unwinding, downsizing. So then you'll start seeing depression in the commercial real estate market because corporations will be vacating offices. And then that means furniture. That means you go down the 13th.

So many things that are impacted. Yes. Once this starts, it goes all the way through the economy. Housing is the big one. The real estate market. The real estate market is now officially going into a serious recession. Right. The housing market here in the U.S. is really the lifeblood that pumps the circulatory system here in America. But look at this article from Fortune. Home prices are falling faster now

than in 2006. Now, Redfin's CEO says that the pandemic housing boom unleashed an investor mania unlike anything that's been seen in the U.S. housing market. So what happened? Well, average Joes poured into the market in hopes of building Airbnb empires. Institutional investors like Blackstone-owned Home Partners of America, the largest homeowner in America right now, quickly expanded their single-family home portfolios. Home builders eager to strike while the irons were hot

broke ground on a record number of spec homes, while iBuyers like Opendoor and Zillow ramped up their algorithmic home buying programs. And so there was a lot of factors that were taking place. And then, of course, the pandemic was going on. And in reverse psychology, there was a housing boom during the pandemic. Yes. Okay, so we're talking, you go back. If you were listening to me in 2004, back when we were audio and not video, I think it was August of 2004, is when I first told the True News audience there's going to be a major real estate crash

very soon, get out of real estate. I think it was August 2004. By the winter of 2005, the Holy Spirit was telling me, well, actually, I started hearing it in the fall of 2004. The Holy Spirit started telling me, sell your home and sell the ministry's office building. We had a small office building in Texas at that time. And I was hearing the Holy Spirit telling me, sell it.

Sell it now. Become liquid. And I thought, am I hearing God? This is like, we have a home and we have a ministry office building. And I think the Holy Spirit's telling me, sell it. It just didn't sound right, Doc. But I knew the Holy Spirit was telling me there's going to be a major real estate crash. And he was saying to me, sell now while the prices are high and then rent and just wait until I give you the green light to buy. Right.

So, you know what to do when you believe the Lord is telling you something and you don't understand? Obey Him. Yes. Just obey Him. Okay, so that's what I did. So in 2005, we sold the ministry office building

and then we sold our house. And we moved and we rented. And then we went through 2006 and the prices really started to drop. Now, what Redfin is just saying is that right now in 2022, home prices are dropping faster than they did in 2006. 2005 was the peak. 2006, prices started to come down. By 2007, they were crashing.

By 2008, they were in the basement. So, if you absolutely have to sell your house right now or commercial real estate, you have a little bit of time, although the prices are coming down. You're not going to get the peak price and your property's probably going to be in the market longer

because price reductions of real estate on the market and higher interest rates, fewer people looking at the properties to buy it. And how many fewer? Well, we have this article from CNBC. Wells Fargo mortgage staff brace for layoffs as U.S. loan volumes collapse. Rick, Wells Fargo is seeing loans down 90%. Whoa!

Year over year, 90%. Now, can you imagine a drop in volume like that of any company at all from year to year? That is steep, 90%. We didn't see that in 2006. Not 90%. You didn't get to that level until 2000,

I would say, 8, 9, 10. As the housing market started to pick back up again. So we might not even see the bottom of this right now. That's right. So to give you an idea, by the time the Holy Spirit got us, my family,

to move to Florida, which was 2008, and we were still leasing, Doc. We were still leasing. The Lord had not given me a release in my spirit to buy. When we got to Florida, that's when the Lord said, it's now time to buy. And we purchased a brand new 11,000 square foot office complex, more space than we needed at the time. There was only a couple of us. You hadn't even joined us this ministry purchased an 11,000 square foot new office complex for $377,000. The mortgage on it, it was in foreclosure. The bank had taken it. The mortgage on the building was $2.4 or $ 2.5 million. And I offered the bank 370,

well, actually I offered them, I think 350. And they came back and they said, if you go to 377, we'll take it. And I was shocked, Doc. I was absolutely shocked. I said, things are really bad. A bank just sold us this brand new office complex. It was something like, I want to say 13 cents on the dollar. And then we bought a home. And we bought a home for about 50 cents on the dollar. Because these were coming out of foreclosure. Yeah. The home was in foreclosure.

Properties were sitting there. Listen, here in Florida, in 2010, 2011, banks were giving away homes and offices. They begged people to buy them. And condos were so cheap, too. Condos were. Like $20,000, $25,000. Yes. Yes.

I still, I drove by one the other day. It was an older condo. And I thought about it. I should have acted on it, and I didn't. I could have bought it for $18,000 or $19,000. There were real estate lots I could have bought that I could have paid $5,000 apiece. A guy offered me three lots for $15,000.

You know where they're at. And you told me the price that they sold for last year. Do you remember what it was? It was some ridiculous amount. It was six figures per lot. Per lot. And I was offered all three for $15,000. And I didn't take it, okay?

So I'm telling you, we are now going into a bigger crisis than what we had in 2008. This is bigger. It's going to last a long time. But if you listen to the Holy Spirit and you obey Him and you walk by faith and you're generous with your giving and you trust him

and you're merciful and you're kind and you're helping other people, I'm telling you, the Lord will bring you through. He'll bring you through this storm and you'll be on top. You'll be the head and not the tail. When the storm is over, your net worth will be a lot more

than it is right now when the storm is starting. He'll do this for you if you put your trust in him. Don't listen to people that are going to just play on your fears. It's not the end of the world. When the end of the world comes, it doesn't matter what

your net worth is. The only thing that matters is what your soul is worth. Your soul is worth that Jesus Christ died on a cross for you. That's what it's worth to him. And so that's the only thing that matters when he comes back. We don't know how many years we have. We don't know. Is it years, decades, a century? We don't know how long until Christ comes back. But he said until he comes back, we are to engage in business. Until he comes.

He gives us talents. He gives us abilities to work with, to do business in his name. Read the parables of the pounds. Read the parables of the pounds. Read the parables of the talents. We will be held accountable for what we do with what he's given us to do in his name. So he says, engage in business until I come. So engage in transactions. There are people today that need to hear this message yes be smart look when when when the last time this thing happened i'm talking about the cycle that we're in

was the 1970s and the 80s so it started in the mid 70s and it ended in 1992. 1992 was the beginning of the boom cycle. The boom cycle just ended this year, 2022. What was that, 30-year cycle? Before it, it went from the mid-'70s to 92. It was a doom cycle. But there were a lot of people who became financially successful during the doom cycle. It all depends on your attitude and where you stood and how you handled the crisis. There were new companies that started that didn't even exist when this crisis started in the 70s.

New technologies that were invented. Yes, but there were old established companies that got wiped out. Right, because they couldn't compete any further. They couldn't compete anymore. When's the last time you went shopping at Montgomery Wars? Some of you are going,

what is that? Some of the older folks. It's been gone and you don't even know it. Others say, oh yeah at Montgomery Wars. Some of you are going, what is that? You don't even know. It's been gone and you don't even know it. Others say, oh yeah, Montgomery Wars. But how about Home Depot? Home Depot didn't even exist when that crisis started in the 70s. Apple did not exist.

But what was the computer store? Gosh, I forgot the name. Radio Shack. Radio Shack. Where's Radio Shack? That was the technology leader in the 70s. Right. They're gone.

So there will be people in this current cycle who will lose financially. There will be others who will gain and God's people should gain. Is there a guarantee? No, you have to apply yourself to use the principles of God's kingdom. You have to do the things that he says you should do to prosper. What are they? Well, read the book of Proverbs. That's where I would start. Just read Proverbs. Observe the ant. Do the things that's in the book of Proverbs. That's where I would start right there. But follow the instructions that

are in the word of God about how you become successful and, and then obey the Lord. He will give you ideas. He will tell you, go here, do this. Don't go there. Don't do that. Listen, you have to listen to him. How do you listen? You have to get close to him. Right. And let God give you business ideas. I mean, at the core of every business is, am I solving a problem? What problem am I solving? I mean, McDonald's, what problem does it solve? Well, I want fast, cheap food. That's the problem. You know, I want that, that McDonald's can provide it. We can argue about the value and everything like that, but it solves a problem. Home Depot solves a problem.

A lemonade stand solves a problem. I'm thirsty. I need something to drink. I want some lemonade. But ask God, Lord, what problem can I solve? What problem? Can you show me, Lord? Ask the Lord for wisdom.

We have that promise from his word that if we lack wisdom, and all of us do, that we can ask the Lord and he'll grant us wisdom. That's a promise that we have. You don't get paid for what you do. You get paid for the problems you solve. Yes. Just showing up at work doesn't qualify you for payment, for a salary. Right. Solving problems. Problems a salary. Right. Solving problems.

Problems at work. Yes. So wherever you work, I would strongly recommend that when you go to work tomorrow, you start thinking about, what are my employer's problems? How could I make my employer's day go better?

Just train your mind to think that way and watch what happens when you solve problems for your employer. Your employer will like you and will decide, I got to keep this man. I got to keep this woman. He or she solves problems for me,

makes my life better. But if you cause problems for your employer, guess who's going to get laid off? You. If you're antagonistic, if you cause problems for your employer, guess who's going to get laid off? You. If you're antagonistic, if you're argumentative, if you're unmanageable, if you are always late, if you don't follow rules, you're going to get laid off. Because the pruning forks are out now. The shears are out to prune. Yes. The pruning forks are out now. The shears are out to prune.

And so the weak branches that are unfruitful are going to get cut off so that the tree can continue living in leaner times. Yes. Okay, so it's up to you to decide how you're going to get through this. Learn to become a giver. Give, constantly give. Cast your bread on many waters.

You know, seven times? No, eight times. What does the Bible say? It says to cast your bread on water. Is it seven? No, eight. It's like the writer says, do some more. A little extra.

Yeah, just put some extra out there. You don't know where it's going to come back. You don't know when it's going to come back. Be generous. Just constantly be generous. You would think some people are, I know some of you are going, no, no, you're telling me things are lean times. There's layoffs. I've got to cut back.

I've got to hold on to everything I've got. No, you can be frugal and generous at the same time. Frugal and generous. Those are not opposed to each other. Frugal with the resources that you have. Generous with the resources. That you've been given. Frugal means you're not wasting.

Generous means you're not grabbing and holding on in greed and fear. There's a difference. Some of the most generous people in the world are the most frugal. Because you know why? They're thinking, I don't want to waste money, that's money I can give away.

You're absolutely right. I know some people, your brain's just flipped. They go, what in the world are you talking about? But when you're thinking in terms of generosity, you think that way. How can I cut costs so I have more to give away? Because when you give away, more comes in. But if you're wasting money, you don't have that seed to give. And so frugal and generous are actually compatible. So this is a time to learn biblical principles.

Take my word for this. This is a serious crisis. It's starting this year. It's starting right now. And it's not going away in a couple months. Some of you, depending on your age, look, this thing's still going to be going on into the 2030s. That's just a fact. There's going to be an economic crisis going into the 2030s. It's going to be an economic crisis going into the 2030s. It's going to have its own many waves in it.

Yeah, there'll be waves inside it. The Great Depression had waves. Right. There were times that the politicians and the bankers and everybody thought the Depression was over. And then six months later, it got worse than it was before. There were waves. But it went from 1929 to 1941. And the only thing that pulled them out was World War II. So don't be afraid. Actually,

if you have the right mindset, you'll actually be very excited because there's going to be incredible opportunities. Be long on cash, get out of debt, eliminate all the debt that you can eliminate, build up your cash reserves, and be ready to buy bargains. Be ready for the... Now, it might be two, three, four years from now, but have the cash to buy the bargains. Cash will rule in a situation like this. So study history, study cycles in the past and learn what to do and what not to do. I can't tell you how much I wish

that when I was in my 20s, as a young married man, and trying to figure out how to survive, I grew up in an area that was, in good times, was bad. And it was just a hard time town, okay? Factories had closed up. It was an old industrial town. Okay. Factories had closed up. It was, you know, it was an old industrial town and, and jobs disappeared before the recession started. But I wish when I was in my twenties, that there would have been Christian men and women with wisdom who would have told me what to do. Yes. Who would have given me advice and counseled me and said, young man, listen to me.

I went through the Great Depression, okay? Or I went through, you know, a recession in the 40s, in the 50s, whatever, you know? Let me tell you, here's the things you want to do. Here are the things you don't want to do. I didn't have anybody like that.

And in my own life, Rick, you know, I wasn't taught that as a kid. I wasn't taught, you're taught some basic how to balance a checkbook, but you're not really taught about finances or anything like that. I went to Bible college

and they don't teach you anything about money and taking care of your finance, your personal finances as a preacher. So you just kind of live paycheck to paycheck for all these years. I really didn't learn the financial principles I live by now until my 40s.

I feel like so much was wasted, but I can't look back at that and everything. I have to use those as lessons now to help others because I see people do the same stupid things I was doing. And I try to help them and everything, but Rick, sometimes they're just as hard-headed as I was. They think, well, I don't need any help. But there came a time in my life where I needed help financially,

and I sought it out and had to learn principles but I wish I would have learned them years earlier. So when we're sharing this information with you, we're showing you there are patterns and there are things that are happening in the world that are reminding us of things that have happened in the past. You can survive them. You can thrive in them. You don't have to succumb to the negative attitude of the world around you and say, well, that's just the way it is. We're just poor and broke and we're going through a recession.

No, you're victorious in Christ. I wish somebody would have told me when I was 20 years old, Rick, out of every paycheck, set aside a portion of money, and each month buy gold or silver. Right, or invest in something at least. But just, what if I just bought gold coins and silver? If I recall when gold at that time, I want to say it was around $30 an ounce. Right. Gold, $30 an ounce. Right.

Gold. $30 an ounce. Okay. If someone had given me that advice, every single month, buy gold and silver. If you can do it out of every paycheck, every week, I could have bought gold. I could have bought silver. I could have bought silver. But what did I do with it? Okay.

You know, I spent it on I spent it on recreation. I spent it on foolish things. You know, when I was in my 20s thinking I'm having fun, you know and all this stuff. But I could have been buying gold and silver and putting it away. What would be my net worth today? I'm 69 years old. If could have been buying gold and silver and putting it away. What would be my net worth today?

I'm 69 years old. If I had started buying gold and silver every week since age 20, what would be my net worth today? And so this is what I'm saying to you right now. If you're in your 20s and 30s, even in your 40s, start a habit of buying precious metals every single pay cycle.

Do something and be consistent and never tap into it, never use it, put it aside and let it accumulate and watch your net worth grow. In my own personal life, of course I tithe. And I believe in giving 10%. I'm not required to. I'm not under the law, but I do it because it's good biblical principle. But I tithe 10% to the Lord, but then I also tithe 10% to myself, every paycheck. And you may say, you tithe to yourself. Well, I take the amount I tithe and that amount I invest.

And I've got a couple different things going on. And so, I didn't start doing that until my 40s. And it radically changed my life. It's afforded me opportunities I never would have had before. But you gotta start somewhere. And there are people right now, well, I'm too old. I'm too old to do it. No, you're not.

I mean, you can make a big difference just applying principles like this in your own life. I'll give you another example, Doc. One of my favorite Caribbean islands, St. Kitts. And there's a place on the island that is just, it's gorgeous, the South Peninsula. But before the South Peninsula was developed, Timothy Beach was the prime real estate. And you've got the Atlantic.

You can actually see the Atlantic and the Caribbean at Timothy Beach. You get the Atlantic on one side and the Caribbean on the other side. And Timothy Beach was the prime place to build a home, a condo, whatever. And I was talking to a business, actually government official, and many places in the Caribbean, land is sold by square foot. You don't buy it by the acre. You buy it by the square foot.

And I said, we were talking about the price of land in Timothy Beach. Of course, now it's, you know, it's in hundreds of thousands of dollars. I mean, if you did it as an acre, it's in hundreds of thousands of dollars. I mean, if you did it as an acre, it's in hundreds of thousands of dollars for an acre. I mean, I don't even know at this point,

probably a million dollars. I haven't been back for a number of years. But he told me, he said, Rick, if you'd been here in the 1980s, Timothy Beach was selling for 25 cents a foot. Wow. A quarter a foot. And when he told me,

I thought about how many quarters I put into arcade machines. I'm with you. Okay. I did the same thing. Quarters. I could have been buying land in a Caribbean island. But nobody told me. Nobody told me. Nobody told me.

See, information is the difference between success and failure. Right, and location is so important too. You go to Walmart and buy a bottle of water, it's 50 cents. You go and buy a bottle of water at the gym, it's $2. You go on a plane and buy a bottle of water, it's $6.

Same bottle of water can be the same brand of water at all three, you know, all the different locations. But the location of it is what increases its value. That's right. And so as believers, we can ask the Lord to put us in the places where we have our value increased as well. That's right. There is a value in you.

And you've got to recognize that God sees a value in you and it has a place and purpose for you as well. Your value is increased by the location where you're at. That's right. Somebody needs to hear that today. Yes. Some people today, you're going to make major life-changing decisions in the coming weeks and months

because you're going to seek the Lord and He's going to give you advice and you're going to act on it. And it may be you might relocate, physically relocate, or you may change careers. But some of you are going to make major decisions.

You're going to hear in your spirit the Holy Spirit telling you, make these adjustments and watch what I do in your life. But you have to be patient. It's not going to happen in one month. It may not happen in one year. You have to be patient. It's not going to happen in one month. It may not happen in one year. You have to be patient. And you may not see the Lord's plan in your life for 10 years.

It may take that long. That suddenly you look and you go, how did I get here? How did all this happen? And then you realize you were obedient in small decisions and God was moving you along and then suddenly the big plan came into focus and you understood why he was taking you to those places, giving you those instructions to do.

So I've seen it happen in my life, and I wasn't smart enough to make those decisions on my own, but I was smart enough to obey the Lord. And that's why we're here every day sharing this information. You know, the title of our program today is talking about Hedge Fund Warns World-Facing Global Society Collapse. Global collapse. And this is coming from one of the biggest hedge funds in the world yeah well before we get to that one doc look at this one this is a double line ceo jeffrey gunlock right okay gunlock says housing the housing industry

is doomed it's done look at this publication. This is Financial Advisor Magazine. So the guys that give financial advice that have you know, that do it for a living, they're getting this magazine, they're opening this up. This is what they're reading. And Gunlock is a well-known name. And

he's telling investors the U.S. housing industry is doomed. Prepare for millions of people to be laid off. So inflation is starting to peak, and by next May it could have a 4% handle. I think that's being very optimistic. But that's coming from DoubleLine CEO Jeffrey Gundlach

as he spoke to attendees at Schwab Impact yesterday. This is this week he's saying this. Even though the U.S. economy looks strong enough to avoid a recession this year, conditions are likely to change noticeably over the next six months as the variable lags from higher interest rates spread throughout different sectors. Asked by CNBC's Scott Wapner about the prospects for a soft landing, see they still keep hoping for it, Rick. Gundlach said he couldn't find a part of the economy that's going to plug the gap or pick up the slack. He noted that credit card usage is way up because real inflation

adjusted wages are falling to keep up with the cost of living, particularly housing. He says when housing goes negative, the economy could lose several million jobs. Wrap your mind around that. Once the job market slows down, that's a tough ship to turn around. Now, in some markets, the combination of rising housing prices and mortgage rates have caused the average monthly payment to nearly double in the last three years. Gundlach noted that the mortgage refinancing industry is completely dead, and he's right about that. Ultimately, he believes Fed Reserve Chairman Jerome Powell wants to put the U.S. into a recession. Gunlock warned that once

layoffs start, the momentum can be hard to stop. Doc, do you remember maybe five, six months ago, I said here to our audience, I said, if you are employed in the mortgage industry, this is my advice to you. I don't know, it was at least five, six months ago, maybe earlier in the year. I said, if you're employed in the mortgage industry, this is my advice. Change jobs from being a loan officer and ask for an assignment in the foreclosure department. Do you remember me saying that? Where's Wells Fargo today?

Loans are down 90%. Guess what's going to go up 90%? Foreclosures. Foreclosures. You're not seeing it yet. I mean, seeing some drips, but that wave is coming. So if you are employed in the housing industry, in the loan industry, as a loan officer, or anything facilitating mortgages, you want to get over to the foreclosure side as quickly as you can while those seats are

still open because your seat's going to disappear. Because that's what happened in 2008. Tens of thousands of jobs were eliminated in the mortgage industry, but tens of thousands of jobs were created in the foreclosure industry. You had businesses start up here in Florida just to handle foreclosures. You had law firms that were started just to handle foreclosures. You had collection agencies that were started. One of the biggest collection agencies in the country

was actually based here in Vero Beach for a number of years. The economy changed, and they were no longer necessary. That's right. I saw an article today in the Wall Street Journal. I just want to show you the headline, The Messy Unwinding of the New World Order. I'm not going to go through the series of slides

and these charts, but I just wanted you to see the headline. And it said, The post-Cold War order promised a globe stitched together by markets and cooperation among nations. That system has fallen into disorder and left the world with rising inflation, trade conflict, military confrontation, and gnarled supply chains. This Wall Street Journal article confirms, Doc, what you and I have been saying here for the past year.

The old new world order is dead. Yes. A new new world order is rising, and there are competing factions trying to create their own new world order. And I think we're going to go through a season, could be one, two, three decades, where there will be multiple new world orders

existing on the planet. Globalism is dead for the time being. But it'll come back. It'll come back. But for now, we have a season. And I believe the Lord's hands in this. Why? It'll come back. It'll come back. But for now, we have a season. And I believe the Lord's hands in this. Why?

Because Satan was trying to bring the world together into one system, globalism, the new world order. And now it just broke apart. It just broke apart. This is the opportunity for the church to run, run, run, run, run, run into the nations. Take the gospel of the kingdom of God around the world. Go, just go, go, go. And if you can't go, then you should sin, sin, sin. Do something. This is the opportunity for the church to expand. And that's the only reason the Lord did it, so that the gospel will go forth.

Yes. Because globalism was going to be a hindrance to it. So the Lord just gave globalism a good sock and a kisser. And it's been knocked on the floor. While it's seeing stars, the church should get up and run with their Bibles and take the gospel into every part of the world. One last one. This was the one Doc was talking about,

Morningstar. Hedge fund giant Elliott warns looming hyperinflation could lead to global societal collapse. How's that for a headline? How many times have you seen a headline that says, oh, by the way, we're advising all of our investors the world may collapse? So in a letter sent to investors and seen by the Financial Times, the Florida-based firm told clients that they believe the global economy is in an extremely challenging situation, which could lead to hyperinflation. Elliott did not respond to MarketWatch's request for comment. The firm, led by billionaire Paul Singer and Jonathan Pollack,

told its clients that investors should not assume they have seen everything because they have been through the peaks and troughs of the 87 crash, the dot-com boom, and the 2008 global financial crisis have seen everything because they have been through the peaks and troughs of the 87 crash, the dot-com boom, and the 2008 global financial crisis and previous bear and bull markets. So they're saying, get ready. You're about to see something you've never seen before. All those things combined. Yes. So they added that the extraordinary period of cheap money is coming to an end, and that has made possible a set of outcomes that would be at or beyond the boundaries of the entire post-World War II period.

The letter said the world is on a path to hyperinflation, which could lead to global societal collapse, global societal collapse, and civil or international strife. And they estimated that markets have not fallen enough yet and equity markets could drop more than 50%, which would be normal, adding that they couldn't predict when that would happen.

The S&P 500 has already dropped 19% from its peak at the beginning of the year. Well, if they're right, the S&P's got a long way to go. But you know what, Rick? We see storms coming. Storms are coming. They're going to be blowing through. But I'm reminded, when I was a kid,

and I liked to make money in the summers. I cut grass. I solved a problem. Somebody had grass that needed to be cut. They cut grass or needed beans to be hoed. You made money. But in the winter be hoed, you made money. But in the wintertime was when you made good money. And you know how?

Shoveling snow. So there was a problem. It was a big problem. Schools were shut down, businesses shut down. But for entrepreneurs and for those that had the right mindset, they saw an opportunity in the snow. And that was shoveling the snow. Now there's some

other kids that stayed home, you know, and just goofed off, watched Captain Kangaroo, and didn't do anything. But I went out and shoveled snow because I wasn't getting money any other way. But there was an opportunity in the midst of the storm. And if I can just encourage people, there's going to be opportunities in the midst of the storms that are coming. And the bigger the storm, the more opportunity. Yes. Just take the snow. We don't want the storm,

but the storm's going to happen. So if the snow blizzard, the bigger the snow blizzard, the more snow you had to shovel. And the more opportunity that you had. That is a different way of looking at it. Right. The size of the storm is actually a blessing.

So you don't want the storm because it causes big problems for people. But if the storm's coming anyway, if you know the storm was coming, then you can start thinking ahead, do I have my soul shovels ready? Do I have the new coat? Do I have my boots? Because tomorrow morning, while everybody else is watching Captain Kangaroo, I'm going to be out knocking on doors. Do you want your driveway shoveled?

That's right. And so that means you have to be prepared. That means you have to have the right mindset. It doesn't mean you want people to be hurt or damaged or anything like that. But if you recognize that storms are coming, God can provide you the opportunities to get through the storm

and even come out of the storm better than you were beforehand. That's right. Doc, I want to end with a scripture from the book of Jeremiah. And let's turn to, let's see, chapter 17, verses 7 and 8. And it says,

Blessed is the man, and that includes women. Blessed is the man or woman who trusts in the Lord and whose hope is the Lord. For he shall be as a tree planted by the waters and that spreads out its roots by the river. Now listen to this.

And shall not fear when heat comes, but its leaves shall be green and it shall not be anxious in the year of drought. Neither shall cease from yielding fruit. That is a promise of God to every man and woman who will put their trust and their hope in the Lord God. He said, I will make you like a tree planted by the river. And when the drought comes, you won't think about it.

You'll just keep producing fruit. Well, I'm here to tell you the drought is here. The financial drought has started. It's going to last at least a decade. It would be smart to be like a tree planted by the river. Amen. Because the drought is going to get worse and worse over the next decade. And you need to prosper.

You need to come through this storm and come out of it smelling like a rose with no scent of smoke, no damage. You come out on top. Let people look to you for the things that they need and for wisdom and guidance. People will ask you, how are you surviving? How are you prospering? How are you doing so well? You have an opportunity to talk to them about Jesus Christ. Look, you can either be somebody who needs mercy and generosity from someone, or you could be the merciful, generous person. Right. Because in this storm, there are going to be a lot of people who are going to need help, financial help. They're going to need somebody to pay their bills, buy groceries for them, fix their car.

Do you want to be the one who needs help or do you want to be the one who gives the help? You got to pick one. You got to choose which one you want to be. I'd rather be the one that's helping people. Okay. Do you ever get tired of it? Yeah, I guess I do sometimes. I'm being honest because I'm put in a position that I see somebody has a need and I'm thinking, why is there hope Doc takes care of that person's need or somebody else? Well, you know what the

Lord's going to do, Rick. You know about it. You take care of it, okay? But what happens then? The Lord blesses me. He just keeps, you don't wait on that person to bless you. You'll wait a long time for that person to bless you, maybe to even say thank you. You trust the Lord. The Lord will take care of you. He will thank you. He will bless you. That's how I want you to get through this storm. Get close to the Lord and get this book inside your head

and in your heart and coming out of your mouth. What's in your heart will come out of your mouth. So as you go into this storm, things are going to come out of your mouth. So as you go into this storm, things are going to come out of your mouth. Blessing or cursing. Blessing or cursing. Which is it?

You can't have pure water coming out of a spring while polluted, foul, dirty water is coming out. It's impossible. You want that water to be pure. And the more you put this word of God in your head and your heart, what comes out of your mouth is going to be the word of God. It's going to be pure. It's going to be life-sustaining.

It's going to be uplifting. It's going to encourage the people around you. So get into the word. This storm is not going away for at least a decade. So you got 10 years ahead to learn this word and put it into practice. That's our advice for you today. And we'll be here, God willing, every single day.

Hey, get yourself a Fauci elf, all right? Help support True News by buying a Fauci elf, okay? We're just having some fun. Look, how did this come about? We talked about opportunity. Right, we heard Governor DeSantis say toss that elf off. I'd like to throw Fauci.

Toss that elf. Grab that. He said, yeah, I wish somebody would grab that elf and chuck him across the Potomac. And we said, you know, Fauci does look like an elf. Yep, and on that day, you know, Fauci does look like an elf.

Yep, and on that day, I said, Fauci elf. That was back in August, okay? Now, it took me time, it's now November, it took time to get to this place where I have an elf. Which started with an idea. Started with an idea, and then I bought FauciElf.com. All right. Like within minutes of hearing Governor DeSantis say, chuck that elf. Okay. That's how God gives you ideas.

And so we're using this to raise money for True News. And I'd like for you to have one. I'd like for you to have five or 10 and Give them away and make people laugh. Go to truenews.com. There's a big banner at the top and it will take you to the page. Look, they're being shipped in December. We don't physically have them here yet. We will be shipping them in December.

So if you order one today, don't call us next week saying, where's my Fauci elf? These will not go out until December. But they will be shipped in order as the orders come in. Yes. So you want to be at the top of the list, and we'll be getting your orders out quickly. And all you have to do is go to the True News website, truenews.com, you're going to see the Fauci elf right there.

Just click on the banner at the top of the page and it'll take you to where you can purchase all five or so of your Fauci elf. Let Fauci talk to you. You can enjoy talking to Dr. Fauci and even want to toss him.

You can do that to him also. See you tomorrow. Bye. God bless you.