Latest / truthunedited / THIS IS THE BEGINNING OF THE END_ THEY SET THE NARRATIVE FOR THE DOLLAR COLLAPSE
Transcript
- 0:03Speaker 1: Six months into the war with Iran, President Trump once
- 0:06Speaker 1: again trying to ramp up the pressure, overnight announcing the U.S.
- 0:09Speaker 1: will enact the most crushing economic operation ever taken, saying
- 0:13Speaker 1: it will be an economic D-Day. President Trump warning any
- 0:17Speaker 1: country that allows its financial institutions, businesses, airports, or government
- 0:21Speaker 1: entities that help Iran evade sanctions will face tremendous economic consequences.
- 0:27Speaker 1: The president did not announce any specific sanctions or call
- 0:30Speaker 1: out China, Iran's top trading partner. This morning, the Iranian
- 0:33Speaker 1: foreign minister responding, calling the so-called economic D-Day a diversion
- 0:38Speaker 1: from America's own crisis, unprecedented debt and surging interest costs.
- 0:44Speaker 2: We are truly in exciting times. I am very excited
- 0:47Speaker 2: about the recent developments. Things have been moving so rapidly
- 0:51Speaker 2: that I didn't want to just leave things alone without
- 0:53Speaker 2: saying something briefly. The regular video for this Friday is
- 0:56Speaker 2: still on schedule. It is about the plot twist that
- 0:58Speaker 2: the world is not ready for. But with everything happening
- 1:01Speaker 2: right now, I just want to encourage everyone who is
- 1:02Speaker 2: living in the truth to make sure that you're ready
- 1:05Speaker 2: and prepared and you're not living in fear. But please,
- 1:08Speaker 2: be prepared. If you have not brought water or food yet,
- 1:11Speaker 2: please go out and buy some. Make sure you have
- 1:14Speaker 2: some food stored up and that you're ready for anything.
- 1:17Speaker 2: They are clearly unraveling the narrative and it looks like
- 1:19Speaker 2: the month of September may be eventful. If you haven't
- 1:22Speaker 2: seen what's going on, just know that they reported that
- 1:25Speaker 2: the United States debt hit $ 40 trillion dollars And the
- 1:28Speaker 2: thing is that it's not really as much about the number,
- 1:31Speaker 2: but it's more about the way they're actually mentioning it
- 1:33Speaker 2: and speaking about it in the mainstream media, which means
- 1:35Speaker 2: that they want the public to actually know.
- 1:37Speaker 3: And that means they're using it towards the narrative.
- 1:40Speaker 4: Here's another number to ponder today, $ 40 trillion. That's America's
- 1:44Speaker 4: national debt. When President Obama left office in January 2017,
- 1:49Speaker 4: it was $ 19. 9 trillion. We have more than doubled our
- 1:54Speaker 4: debt in less than 10 years. 72% of that increase
- 1:58Speaker 4: came during the Biden presidency. By way of comparison, in 1981,
- 2:03Speaker 4: when I was still a freshman in college, no picture
- 2:06Speaker 4: is available, America's national debt reached, and it scared a
- 2:10Speaker 4: lot of people back then, I remember, $ 1 trillion. Economists
- 2:15Speaker 4: tell us what matters in this conversation most is the
- 2:18Speaker 4: debt to GDP ratio, essentially our debt load as compared
- 2:23Speaker 4: to the size of the overall U.S.
- 2:24Speaker 3: Economy.
- 2:25Speaker 4: Back in 1981, when the debt hit $ 1 trillion, that
- 2:27Speaker 4: ratio was 30%. Today, it is 122%. And that means
- 2:34Speaker 4: the government is paying a lot of interest to service
- 2:37Speaker 4: that debt. Just how much? Well, $ 931 billion through July,
- 2:43Speaker 4: which is up 11% from last year. Interest payments, of course,
- 2:47Speaker 4: provide no services.
- 2:49Speaker 2: To add to all this, the Treasury yields have been rising.
- 2:52Speaker 2: And what that means is that people are not buying
- 2:54Speaker 2: the debt of the United States as much as before,
- 2:56Speaker 2: and people are selling their bonds, which makes bond yields rise.
- 3:00Speaker 2: This is a problem if people do not want the
- 3:02Speaker 2: United States' debt.
- 3:04Speaker 5: Welcome to the NewsHour. We begin tonight with new concerns
- 3:07Speaker 5: on Wall Street and in Washington about a sharp sell-off
- 3:10Speaker 5: in the bond market that's pushing long-term Treasury yields to
- 3:13Speaker 5: their highest levels in nearly two decades. Those rising yields
- 3:17Speaker 5: mean the federal government is paying more to borrow, and
- 3:20Speaker 5: the ripple effects through the economy are driving up borrowing
- 3:23Speaker 5: costs on everything from mortgages to car loans.
- 3:26Speaker 2: And the answer that they came up with is the
- 3:28Speaker 2: most troubling. It's the actual sign that tells you that
- 3:30Speaker 2: we're in the declines. The Treasury secretary has said that
- 3:33Speaker 2: he is intervening in the bond market. They call this
- 3:36Speaker 2: refinancing the debt.
- 3:39Speaker 6: So talk us through what you are trying to do
- 3:42Speaker 6: here by announcing the increased size of the buybacks. We're
- 3:47Speaker 6: trying to signal that we think that this is a
- 3:50Speaker 6: thinly traded area of the market. that we're in August
- 3:54Speaker 6: and there's been a lot of corporate issuance that's influenced
- 3:59Speaker 6: the market. And, you know, we believe that there are
- 4:02Speaker 6: many underlying factors that the market is not looking at. And,
- 4:07Speaker 6: you know, we are going to make a market in these.
- 4:12Speaker 6: We routinely do buybacks and we're going to increase the
- 4:15Speaker 6: size of the buyback. And, you know, Sarah, I would
- 4:18Speaker 6: note that it could be more than the $ 4 billion
- 4:21Speaker 6: per issue.
- 4:23Speaker 2: What this all implies is that the United States is
- 4:25Speaker 2: going to borrow money to start paying down their debt.
- 4:28Speaker 2: They're borrowing more money to pay off their debt. Like,
- 4:32Speaker 2: just imagine you were maxed out on your credit cards,
- 4:34Speaker 2: so in order to stay afloat, you went and got
- 4:36Speaker 2: another loan in order to just help pay the debt.
- 4:39Speaker 3: This is precisely what he's prescribing.
- 4:41Speaker 2: And anyone with the slightest amount of understanding knows that
- 4:44Speaker 2: this game can't last long doing this.
- 4:46Speaker 7: Treasury Secretary Scott Besson's effort to calm the bond markets
- 4:50Speaker 7: appears to be falling short.
- 4:52Speaker 3: You see, U.S.
- 4:52Speaker 7: Borrowing costs are up again, and that will hit your wallet.
- 4:56Speaker 7: When the government's cost to borrow increases, yours usually do
- 5:01Speaker 7: as well. This week, Besson announced a plan of a
- 5:04Speaker 7: bond buyback. This is to help calm the market, which
- 5:08Speaker 7: hit a nearly 20-year high Tuesday. But the impact was
- 5:11Speaker 7: only temporary. 30-year bond yields hit a high of 5.26% yesterday.
- 5:17Speaker 7: 10-year notes surged up to 4.71%. When asked about this,
- 5:21Speaker 7: the Treasury Secretary dismissed the turbulence.
- 5:25Speaker 6: Anything that happens within a 24-hour period is noise. And
- 5:29Speaker 6: I think that once the market understands that we are
- 5:33Speaker 6: focusing on fiscal consolidation and that we are... trying to
- 5:39Speaker 6: bring the market back into equilibrium in a thinly traded market,
- 5:44Speaker 6: I think I'm confident that bonds will continue declining.
- 5:49Speaker 2: And to add to this, we expect the Fed chair
- 5:51Speaker 2: to raise rates next month. This will absolutely signal a slowdown.
- 5:56Speaker 2: You need to really understand that the game is almost
- 5:58Speaker 2: up on this fake economic system. And the narrative is
- 6:02Speaker 2: showing that the world is paying attention because China just
- 6:04Speaker 2: put out this video.
- 6:12Speaker 3: Put it on the car. Everybody takes it.
- 6:15Speaker 1: What?
- 6:15Speaker 3: I haven't even hit the limit. There's a payment due
- 6:19Speaker 3: and the interest is piling up. You've got quite a
- 6:21Speaker 3: situation here. Easy. Hello? It's me again. Fancy another round
- 6:29Speaker 3: of investment? It's risk-free.
- 6:35Speaker 1: See?
- 6:36Speaker 3: Wait, you just borrowed new money to pay the old bill?
- 6:39Speaker 3: We call that refinancing. How are you still getting loans?
- 6:44Speaker 2: Shouldn't your financial situation have gotten you blacklisted by now?
- 6:48Speaker 6: Well, everyone needs my dollars, and my I.O.s happen to
- 6:52Speaker 6: be denominated in my dollars.
- 6:54Speaker 3: Convenient, huh?
- 6:59Speaker 7: You're getting close to the debt ceiling.
- 7:02Speaker 2: Something back.
- 7:06Speaker 3: Are you crazy these are urgently.
- 7:08Speaker 1: Needed i know what your priorities are now.
- 7:12Speaker 2: And if i hit the ceiling i'll just move the
- 7:14Speaker 2: ceiling like i always do.
- 7:17Speaker 1: Who's gonna handle the debt finally relax just kick the
- 7:21Speaker 1: can down the road future eagles will handle.
- 7:24Speaker 2: It that's deep they're showing why the system can't sustain
- 7:29Speaker 2: itself Not to mention the debt ceiling is at $ 41. 1 trillion.
- 7:33Speaker 2: So they only have one more trillion left before they
- 7:35Speaker 2: have to raise it again. The country is in economic
- 7:39Speaker 2: problems as been discussed many times over on this channel.
- 7:42Speaker 2: The difference right now is that it's in the mainstream
- 7:45Speaker 2: and the other countries are talking about it. Now, I
- 7:48Speaker 2: expect escalation and war and chaos to happen before a
- 7:51Speaker 2: true economic collapse hits this world. I do expect the
- 7:54Speaker 2: Iran war to escalate in order to distract everyone from
- 7:57Speaker 2: the economic issue. But at some point, it will all
- 8:00Speaker 2: just fall upon everyone all at once. And the masses,
- 8:03Speaker 2: they're just not ready for it. And so what I
- 8:06Speaker 2: want to encourage everyone that's actually paying attention is to
- 8:08Speaker 2: make sure that you are prepared while everyone is not
- 8:11Speaker 2: paying attention. Get your house in order and make sure
- 8:14Speaker 2: you are ready to deal with the problems. A prudent
- 8:16Speaker 2: man foresees evil and hides himself. But the simple pass
- 8:20Speaker 2: on and they are punished. Proverbs chapter 22 verse 3.
- 8:22Speaker 3: Be prudent.
- 8:25Speaker 2: The escalation in this world means that our father is
- 8:27Speaker 2: soon to ransom this world for us. And so I
- 8:30Speaker 2: encourage you to live in that truth and stay ready
- 8:32Speaker 2: and prepared. There's no reason for fear. There's no reason
- 8:35Speaker 2: to search all this up and try to understand all
- 8:37Speaker 2: the different angles and what everyone has to say. Don't
- 8:40Speaker 2: be a part of that train. You don't need to
- 8:41Speaker 2: focus on all this. Just know that it's happening and
- 8:44Speaker 2: you want to be ready. I'm very excited, but I
- 8:47Speaker 2: also live in caution with my eyes opened. Focus on
- 8:50Speaker 2: the solution. And that is living according to our father
- 8:53Speaker 2: and his word. which is why we are in the
- 8:55Speaker 2: Torah series. To all of you that like to focus
- 8:57Speaker 2: on these problems and you click on videos like this
- 8:59Speaker 2: more than you ever focus.
- 9:00Speaker 3: On the Torah, I'm not going to lie to you.
- 9:02Speaker 3: You may have issues.
- 9:04Speaker 2: Understand our father is getting this world ready for us.
- 9:07Speaker 2: And if you don't want to serve him according to
- 9:08Speaker 2: his word, then you may have problems on you. I
- 9:12Speaker 2: truly encourage you to all stay in the word and
- 9:14Speaker 2: live aligned to the Torah. Believe in Yahushua as our Messiah,
- 9:18Speaker 2: the son of Elohim, who has taken the penalty for
- 9:20Speaker 2: our sins. You must live a life that appreciates this
- 9:23Speaker 2: gift And do as he told the woman, go and
- 9:26Speaker 2: sin no more. Please stop searching up all these opinions,
- 9:29Speaker 2: all these naysayers and all the different things that they're
- 9:32Speaker 2: trying to do to get you off track. Stop focusing
- 9:34Speaker 2: on what all these false people say online. The whole
- 9:37Speaker 2: thing is about to come to a close and the
- 9:39Speaker 2: foundation that you established and the amount of faith and
- 9:41Speaker 2: conviction that you have built will need to be drawn
- 9:43Speaker 2: upon now. And so I want to encourage you to
- 9:46Speaker 2: prepare and be ready. You're going to have to make
- 9:48Speaker 2: some choices, some hard decisions, cut back on other things
- 9:52Speaker 2: and make changes.
- 9:53Speaker 3: But just live in reality. And I just wanted to make.
- 9:55Speaker 2: Sure I touched in with this because the narrative is
- 9:58Speaker 2: escalating fast. again this is not the Friday video that
- 10:02Speaker 2: will be released at its normal time but I just
- 10:04Speaker 2: felt that this needed to be said unless something major
- 10:07Speaker 2: actually happens don't expect me to actually really be covering
- 10:10Speaker 2: this I just really wanted to touch base I'm focusing
- 10:13Speaker 2: on the solution and the solution is staying in the
- 10:15Speaker 2: word and being ready for our father And that is
- 10:18Speaker 2: why I'm focused on making these videos and making sure
- 10:21Speaker 2: that people are keeping their mind upon the word, not
- 10:24Speaker 2: looking at debates, not arguing about over topics and all
- 10:27Speaker 2: these things that all these other people online are doing.
- 10:29Speaker 2: Focus on the word and living in the truth. I
- 10:33Speaker 2: have made videos about preparing. If you haven't ever watched
- 10:35Speaker 2: that and you want more advice about preparing, I made
- 10:38Speaker 2: this video. Maybe it could help you. But please don't
- 10:41Speaker 2: wait on this. The value of this dollar, it's declining.
- 10:45Speaker 2: In the end though, please, do not walk in fear.
- 10:49Speaker 2: If you're living in the truth, be excited and be encouraged.
- 10:52Speaker 2: This is our time. This is not a time for fear,
- 10:55Speaker 2: but excitement. Yahuwah is about to ransom this world for
- 10:58Speaker 2: his children and he will guard who is his. So
- 11:01Speaker 2: make sure that you belong to him. Please prepare for
- 11:05Speaker 2: him now. Live your life in the truth and stay
- 11:09Speaker 2: out of the lies because the kingdom of Yahuwah is
- 11:14Speaker 2: truly at hand.
- 11:16Speaker 3: Be ready for it. And be blessed. Hallelujah. Praise Yah. Okay.
- 11:27Speaker 2: Thanks again for watching. Again, this video is just to
- 11:30Speaker 2: get this word out that things are changing. Please stay
- 11:32Speaker 2: focused and stay ready. The video for Friday is linked
- 11:36Speaker 2: right here. If you click on the link, by 9 p.m. Eastern,
- 11:40Speaker 2: it should be up. I hope this helped you.
- 11:42Speaker 3: Stay focused. Stay ready. Stay prepared. Times are changing. Make
- 11:47Speaker 3: sure you're ready for it.
- 11:49Speaker 1: Okay.
- 11:50Speaker 3: Thanks again for watching, everyone. I love you all.