Learn English with President Donald Trump at a screening of the new film, Sound to Freedom, about the power of faith in overcoming evil, and in particular, the evil of child trafficking. President Trump delivers a passionate and impassioned defense of his administration s efforts to fight human trafficking and calls for the death penalty for traffickers.
00:02:53.000And then I got Mexico free of charge to give us 28,000 soldiers to protect us
00:02:58.000from people coming into our country illegally.
00:03:01.000When I am back in the White House, I will immediately end the Biden border nightmare that traffickers are using to exploit vulnerable women and children.
00:03:12.000I will wage war on the cartels just as I destroyed the ISIS caliphate, 100 percent gone, 100 percent destroyed.
00:03:20.000They'll come back now because we have a weak administration.
00:03:24.000I will use Title 42 to end the child trafficking crisis by returning all trafficked children to their families in their home countries and without delay.
00:03:33.000And I will urge Congress to ensure that anyone caught trafficking children across our border receives the death penalty immediately.
00:03:41.000And that includes also for women, because women, as you know, are number one in trafficking.
00:04:10.000But right there, as we played last night, monumental development coming out of the Bedminster screening and the President Trump's great efforts in this death to the traffickers.
00:05:19.000Do I have President Trump before I bring in Bradt and and Brother Harnwell?
00:05:26.000Let's play President Trump from the other day.
00:05:29.000And we have a corrupt, compromised president, crooked Joe Biden, who is dragging us into World War Three.
00:05:35.000And that's what's happening on behalf of a nation that paid his family millions and millions of dollars in obvious bribes.
00:05:43.000All you have to do is take a look at how much China, how much Ukraine have paid the Biden family.
00:05:48.000It's a total disgrace and a very dangerous one.
00:05:51.000Under these circumstances, the notion that we would even consider admitting Ukraine into NATO at this time is completely unhinged.
00:06:01.000Joe Biden can't even walk up a flight of stairs on Air Force One and he can't put two sentences together.
00:06:08.000The last thing that this incompetent administration should be doing is risking war with a nuclear armed Russia or China or other countries.
00:06:19.000We have somebody that doesn't have a clue representing us.
00:08:12.000But all that aside, there's one thing that always comes into play for all five regimes in a row, starting at 1500, starting with Spain and then Portugal and then the Netherlands.
00:08:26.000And then the French lost through the French Revolution.
00:08:30.000And the UK, Britain wins World War I, World War II, doesn't matter.
00:08:35.000They still lost their reserve currency.
00:08:37.000And of course, the thing that unites all those countries and their loss of reserve currency status is war.
00:08:43.000And so probably very complex stories when you get down into all of it.
00:08:49.000But going over the news of the day, the show this week covering Ukraine, U.S. squandering precious resources, Ukrainian young people in the charnel house dying, young Christians for what?
00:09:48.000And in all cases, the U.K. had an empire spanning the globe.
00:09:57.000And people in countries tend to get sloppy, right?
00:10:02.000When the wealth isn't produced the real way with a real economy, which is something else that's a major thesis of the program, of the war room, when you lose track of the real economy, and we're just dealing with all these stimulus dollars, $9 trillion on the Federal Reserve balance sheet, $15 trillion in federal spending, $4 trillion in stimulus.
00:10:25.000Just in the next two years, iced, cemented in by the Republicans, of all people, it's very illustrative that we are losing our mind.
00:10:38.000We're paying for wars now instead of debt.
00:12:05.000Because I want to – before I get into the details of breaking down the currency and the capital markets aspect of this, I want to bring in Ben Harnwell.
00:12:12.000So, Ben, this – my argument is this is a metastasizing regional conflict that's quite rapidly becoming a broader regional and will hence become a global war.
00:12:25.000You saw the Russians took out the grain facilities in Odessa this week that are going to cause massive disruptions in the Middle East, Africa, and India as far as the food security goes.
00:12:44.000Yeah, well, you know, the situation here, I mean, following the bombing – it's gone on for about four days now – of Odessa is illustrative, I think, of President Putin's absolute determination that the embargo that he'd imposed before the UN-brokered grain deal, that will return.
00:13:07.000And that will be a full embargo on that grain, just as it was before, and that will create massive damage, not only, of course, to the Ukrainian domestic economy, which was very much dependent on the funds raised by the export of that grain, but it will also damage the rest of the world, too.
00:13:24.000So I think this shows that far from a creaking regime on its last legs, driven by the potential threat of civil war, the Russian state right now is powerful and it's solidifying its power.
00:13:46.000Ben is going to give us some ideas about this massive election tomorrow in Spain, national election, and you're seeing the rise of the MAGA party, the populist party there, Vox.
00:13:58.000And then we're going to get back to the de-dollarization, the road to Durban, the road to Durban and the Durban Accords, which is going to have a massive impact on the United States economy.
00:24:01.340I just want to make sure this ties to what Michael Yan, remember we had Michael Yan in Morocco,
00:24:07.100I think about six months ago, on the other side of Spain from this immigration, this invasion of their country.
00:24:15.440This ties directly to what we're seeing out of Ben Berquam, whether it's Del Rio, Texas, Yuma, Arizona.
00:24:22.860The issue driving it, there's many things about the economy, but one, VOX is a, just like Nigel Farage has become
00:24:29.780with his new kind of version of Brexit party, and also in France with the Front National.
00:24:36.940Now, this, a lot of this is about invasion of their country and immigration, is it not Ben Harnwell?
00:24:44.440Steve, it's 100 percent, it's the same issues.
00:24:47.620Specifically in Spain, there's a very anti-woke element of the, of VOX's agenda.
00:24:54.640It wants to introduce a family ministry to promote to the traditional family.
00:24:59.940It wants to roll back access to abortion.
00:25:02.920It wants to roll back the LGBT, uh, excesses.
00:25:08.100Um, basically wants to protect the country back to where it was 20 years ago.
00:25:11.580And that is already, just earning for itself the epithet of being the most far-right political party,
00:25:19.120uh, to achieve parliamentary presence since the, since the death of Franco in 75.
00:25:25.180And it's just an ordinary mainstream, it's where the central right was, as I say, 20 years ago.
00:25:31.100And it is already being described in the most hysterical, um, language.
00:25:36.280Steve, your point is absolutely essential here.
00:25:38.260You know, when you gave, um, your speech, um, uh, a couple of days ago, you made a very important point.
00:25:46.840And that's directly related to what we're seeing here in Europe.
00:25:48.960You basically drew a very strong distinction between what you call Fox Republicans and MAGA Republicans.
00:25:56.060Basically, the Fox Republicans are, they're not even Republicans, really.
00:26:00.480They're just going along part of the, the emotional heritage without the actual bite, uh, that, that, that, that animated the Republican Party for so long.
00:26:09.600It's the same thing, as you've mentioned, with Nigel Farage in the UK and the same thing with Santiago Abascal in, in Spain.
00:26:16.560This is a movement which is where, uh, you know, half of the country is.
00:26:21.740Crucially, Steve, the popular party, the Spanish popular party, the centre-right party, the Christian Democrat party, is a centre-right, is Christian Democrat in all but name.
00:26:31.940Wherever you look at conventional centre-right political parties around the world, uh, after 20 or 30 years or 50 years, 60 years of its existence, they are no longer that.
00:26:42.920What's in the tin is not what's on the, on the label.
00:26:45.340These are globalist ciphers, and the country is rejecting them.
00:26:50.840The country, the country is, wherever you look, Steve, people are rejecting them.
00:26:55.300And they're not just rejecting them sort of, you know, ambivalently, you know, I, I might vote MAGA, I might vote Trump, I might vote Santiago Abascal, I might vote Le Pen, I don't believe in, I might vote Nigel Farage.
00:27:07.320But it's not that, there is an energy and a passion because people are awake and they are, they are, they're right down to the core, to their marrow and their bones.
00:27:16.680They know they have been lied to by a corrupt and out-of-touch set of sociopaths who have robbed them blind.
00:27:24.720And they're not putting it up with it anymore.
00:27:26.800And this is what we're seeing, Steve, what we're going to see tomorrow, Sunday, in Spain.
00:27:31.180Real quickly, your social media, Ben, we'll let you go, and you'll be back on Monday to give us the update on this populist revolt in Spain.
00:27:58.660Great work to have you back here Monday.
00:28:01.460Now, many of the bad guys are also revolting against the fiat currency of the United States of America that has taken their purchasing power down almost 20 percent since the Biden regime has taken office.
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00:29:55.140This is a global revolt against the neo-Marxist establishment, whether that's in France, whether it's in Spain, whether it's in Brussels or Davos or London,
00:30:15.580or in the imperial capital of Washington, D.C., and particularly the global financial capital of New York City.
00:30:22.480Even our enemies, the revolt of the populist right is very much what's happening with BRICS.
00:30:29.160Remember, many of these people are our enemies.
00:30:43.180If there's one thing you can take away from the end of the dollar empire, and one thing, you go to birchgold.com slash Bannon right now to get the summary,
00:30:49.600the pricey, as we call it, the cheat sheet, because we're 30 days away from Durban.
00:31:36.840You do a pretty good job with Navarro, the competing Harvard schools, but Hornwell just laid it out very well, too, right, that geopolitical framework we're talking about.
00:31:48.440What I'm about ready to get into is probably best summarized by Paul Kennedy, right, The Rise and Fall of Great Powers, his great book.
00:31:57.480His thesis is the ascendancy of the great powers is relative, right?
00:32:03.760So what I'm about ready to say, you know, it's not like I'm running some regression, and once you hit a certain number, you're in trouble.
00:32:10.280But, yeah, I really – and let me just jump in here.
00:32:12.600Paul Kennedy's book, I think Professor Young, came out in, I think, the second term of Reagan, and even then it was a warning to, as you could see, the collapse of the Soviet Union and sort of geopolitical – and, quote, unquote, the end of history is upon us.
00:32:26.660What he warned is that the extension of empire militarily and economically eventually comes back and destroys all these empires.
00:32:37.580This book was a seminal work that everybody had to read back then, Dave Bratt.
00:32:41.540Yeah, it still is, and it stands to this day as a lesson on why we are where we are.
00:32:50.620And the reason is it has to do with economic durability, overextension of resources like you just said, and the key word, again, is productivity.
00:33:00.880And in this case, the reason you're seeing the rise of global tensions, and I hate to sound like Marx, but it has to do with economic growth, it's kind of cooked globally, right?
00:33:13.740We're going into probably a global recession, very slow growth rates.
00:33:18.780Wall Street Journal has the lost decade of China today, a major story.
00:33:53.100We're going to talk about India, the Middle East, and the U.S. has lost its productivity.
00:33:57.520So the rise of these BRICS countries are a question.
00:34:01.460Krugman just lays out the basic economic case, just looking at economic variables, the way he chooses to define them.
00:34:09.640And he kind of rigs the deck a little bit.
00:34:13.100If Denver wants to put up the first graph, we can talk over that one.
00:34:18.040And Krugman puts up a measure of just total currency usage, right?
00:34:24.080So that's not really all reserve currency and U.S. treasuries and what other countries are holding for bad times or for their trade accounts.
00:34:32.300So he puts up a thing, and the U.S. looks strong in this case.
00:34:36.560And the euro and the yen is certainly not any threat.
00:34:40.160So in a nutshell, that's the case he makes.
00:34:43.060And then the next chart, Denver, I just want to go into a little bit of the complexities here to show this story is not simple.
00:34:50.880In 1971, we, the United States, gave up the gold standard, right?
00:34:56.400So everyone says, well, that's a disaster, and it was.
00:34:58.760In terms of a standard of measure for a currency, we had real money.
00:35:19.360But I do want to point out in the context of the war room, it's kind of interesting looking at this chart, U.S. trade balance, right?
00:35:26.780When we went off the dollar in 70s, 80s, and in 90s, it starts going down, running big deficits, and way to the far right, we're running big deficits.
00:37:01.940The gold standard is not a debate at all.
00:37:04.740The hard part is what price, how many dollars do you pay toward an ounce of gold?
00:37:09.440Then, look, we're going to go back and do – in August, we're going to do the August three-day weekend that changes the direction of the country with getting off the gold standard.
00:37:19.880But isn't one of the things – even if you think gold is an ancient – from ancient times, didn't it at least tie politicians that they just couldn't continue to print money?
00:37:58.600Reagan came in with Volcker and Settler for a while.
00:38:00.780But by coming detached from the gold – from it being a convertible into gold, we basically gave a credit card to an irresponsible political class, sir?
00:38:54.800Now, Elon Musk entered the fray versus Krugman and starts to use the right language when it comes to your currency.
00:39:02.740He says we're using the currency, the US dollar, as a weapon, right, referring to the sanctioning other countries, ticking them off.
00:39:12.100And then other countries see that we're doing that to them.
00:39:14.540And then that forms to – that helps form the BRICS alliance, right, of Brazil and Russia, India, China, South Africa, and the road to Durban and the conversation you've been having for years, and especially in the last months, is we come up to that.
00:39:31.660And so Elon Musk quotes an economist, Peter St. Ange, and he's got some numbers that differ from the Krugman graph, right?
00:40:53.180And as we said prior, all of this is relative.
00:40:58.660And with exchange rates and foreign exchange and reserves, it's a complex story.
00:41:03.400I'm not going to get into all that stuff, but it's all based on credibility.
00:41:07.280Credibility, the faith in the currency, the faith in the U.S. dollar, et cetera.
00:41:12.140We're giving the world some major reasons to lose faith in our system, right?
00:41:17.160The soap opera at the federal government in the White House over the past week, $50 trillion in debt.
00:41:23.840And if the BRICS and the 20 countries, if they move toward a gold standard of any sort, some sort of peg that gives price stability, and they link it to blockchain, which gives them the ability to form instant credibility, right?
00:41:39.600No one's going to put their money in China right now, right?
00:42:21.160I also want to give people a heads up.
00:42:22.960I'm going to break this all down in my speeches at Turning Point last weekend, also with Caviezel and talks we've had with Caviezel and Tim Ballard.
00:42:36.080Remember, President Trump came out yesterday afternoon.
00:42:38.660We talked about it on last night's show.
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00:46:31.720Because you've already lost your economy.
00:46:34.820You've already lost your productivity, your power to build an economic engine that can sustain your war footing, which we have clearly lost right now.
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00:52:11.000Of course, Mike Lindell has been flying around the country trying to set things right to make sure we have game day voting with paper ballots.
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