Personal Finance PowerPoint Presentation Dividends. Prepare to get financially fit by practicing personal finance. Most of this information comes from Investopedia. Why dividends matter to investors, which you can find online. Take a look at the references, resources, continue your research from there. This by the Investopedia team, updated January 27th, 2021. In prior presentations, we've looked at investment goals, investment strategies, investment tools, keeping the two main categories of investment in mind, fixed income, typically bonds, equity, typically stocks. We're looking on the stocks side of things now as we consider dividends. Let's give a quick recap of corporations, stocks, and dividends in general. A corporation is a separate legal entity breaking their units of ownership out into equal units called stocks. The stocks then, if the corporation goes public, may be offered on exchanges. The exchange is making it easier for the corporation to generate more capital, or in other words, money to help them grow by issuing the stock to more people and then individual investors having the capacity to participate in these investments by purchasing the stocks. Now when we think about dividends, the dividends represent the earnings of the corporation that are being distributed to the owners in the form of the dividends. They're a little bit different than if you're talking about like a public or a private company or a private-life partnership, or let's say a sole proprietorship. If you have a partnership or a sole proprietorship, for example, and you generate revenue, as the owner, you can say, go in and say, I would like money from the revenue that I have generated to live on. You can take out what is called generally draws, taking money out. On the corporate side of things, you might think, well, I am the owner of the corporation with a share of stock. I should be able to go to the corporation and ask them to give me some of the money that I have earned in the form of a draw, or in this case, a dividend. Doesn't work quite that way, because remember, the stocks have to be all the same or uniform in nature, so you can't have some owners getting draws or dividends and others not getting draws or dividends. Therefore, if they declare a dividend's gonna be given, it has to be uniform to all owners. So with regards to the dividends, you've got the owners who have the capacity to vote for the board of directors, possibly oftentimes in a similar way as in a republic. We have the capacity to vote for representatives in a republic, and then in our one individual vote, or our multiple votes, if we have multiple shares in a corporation, may not be a very large percentage of the overall votes, for example. And then of course, the board of directors then hires the management, like the upper management CEOs, they then hire the rest of the employees and so on and manage the company. So the people that we would vote for our representative, the board of directors and management would be the ones to determine if dividends, earnings be distributed to owners, to stockholders. Okay, so one of the simplest ways for companies to communicate financial wellbeing and shareholder value is to say the dividend check is in the mail. So note that when a company is trying to show that they're doing good or they're financially sound, if they have the capacity to give a dividend, that's not only a benefit to us as the owner of the stock in terms of we get cash, but it's also giving a signal from the company that we're feeling strong, that we can give money out and still have the funds necessary to meet the needs that we need to meet. Now again, that signal could be a little bit different depending on the category of stock that we're talking about, like growth stock versus stocks that are, that are like blue chip stocks where they are on their business cycle, for example. But dividends, those cash distributions that many companies pay out regularly from earnings to shareholders send a clear, powerful message about future prospects and performance. So a company's willingness and ability to pay steady dividends over time and its power to increase them provide good clues about the fundamentals.  If they increase their dividends, that usually is gonna make us feel more confident as well. And normally companies are gonna be cautious or careful to be able to increase their dividends and not wanna pull them back because if they decrease the dividends, that can give us the opposite sign. So usually if they're gonna up the dividends, they're gonna do it in such a way that they signal to the shareholders that they're doing it either for a particular reason or that they can sustain that increased dividends in a way going forward because to decrease the dividends could be of course a negative signal. So dividends signal fundamentals before corporations were required by law to disclose financial information in the 1930s, a company's ability to pay dividends was one of the few signs of financial help. So when you look at the history of stocks, all these developments were really revolutionary, really huge developments. The idea of having a separate legal entity like a corporation, the idea of having exchanges, the idea of being able to trade the stocks and have more individuals involved, huge steps ups, and the 1930s, you don't have as much regulation in terms of the financial statements being prepared in a certain way and therefore signals of financial health such as liquidity, like giving out dividends would be a major signal in that environment. So despite the Securities and Exchange Act of 1934 and the increased transparency it brought to the industry, dividends still remain a worthwhile yardstick of a company's prospects. So cash is king, right? Cash, I mean, if they got the cash flow that's a good indication. So typically mature profitable companies pay dividends. So when you think about the lifespan of a company, if a company goes through their full life cycle, you would expect they'd go through a high growth spurt if you think of say a Microsoft or something. Clearly they go through a high growth spurt which is a great time to own the stock because clearly the value of the stock will go up but you would expect rapidly go up rapidly but you would expect then they would not be paying much dividends out at that point in time because they're reinvesting it in the company in order to grow. And then at some point you would expect once they get to some level, they might be at a secure point such as Microsoft Now so that they might not be putting as much money back into the company to grow at the same kind of rates they were before but they're marching right along and they're quite solid and steady and therefore the revenue that they're getting, they don't need it possibly so much to grow and expand as much and therefore they can give it out in the form of dividends. So you would expect those blue chip stocks, those ones that are marched along have already been constructed and built to be the ones that might be giving out more dividends. However, companies that do not pay dividends are not necessarily without profits. If a company thinks that its own growth opportunities are better than investment opportunities available to shareholders elsewhere, it often keeps the profits and reinvests them into the business. So if they're thinking for the good of the shareholder, if I'm the shareholder, what would be better for me? Well, if they give me a dividend that's great because I can take that and I can invest it and get a return. But if they can take that money and buy machinery, equipment, factories that are gonna make more money than I could get if I was to get the dividend and invest it elsewhere, then yeah, I would want them to invest the money which would increase the stock price as opposed to getting the money in the form of a dividend. So for this reason, few quote growth companies end quote, pay dividends, but even mature companies while much of their profits may be distributed as dividends still need to retain enough cash to fund business activities and handle contingencies obviously. So dividend example, the progression of Microsoft MSFT through its lifecycle demonstrates the relationship between dividends and growth. While Bill Gates brainchild was a high-flying, growing concern, it paid no dividends but reinvested all earnings to fuel future growth. So when the company was starting out clearly saying, hey, look, I need to reinvest everything right here so that we can keep growing, keep buying what we need to buy, investing in the machinery and so on and so forth. It's gonna be worth your while investors because we're gonna grow like crazy. So eventually this 800-pound software gorilla reached a point where it could no longer grow at the unprecedented rate it had maintained for so long. So if you look at a growth cycle of a successful company that goes through the full growth cycle like Microsoft, you could say, well, they're growing like crazy. There's no way that you can keep the growth rate at that pace forever because you're gonna get to a size in which you're not gonna be able to grow relative to the size at some point. So that's when you're gonna taper off on how rapid the growth will be, which means if you buy the stock at that time, you're not expecting the value to increase at such a huge rate, but you might have a still steady growth and you might have dividends at that point. So instead of rewarding shareholders through capital appreciation, the company began to use dividends and share buybacks as a way of keeping investors interested. The plan was announced in July, 2004, nearly 18 years after the company's IPO initial public offering. The cash distribution plan put nearly $75 billion worth of value into the pockets of investors through a new eight-cent quarterly dividend, a special $3 one-time dividend and a $30 billion share buyback program spanning four years. In 2019, the company is still paying dividends with a yield of 1.32%. The dividend yield, many investors like to watch the dividend yield, which is calculated as the annual dividend income per share. So now we're looking at our ratios again. We're taking the dividends, we're getting out on an annual basis divided by the current share price, how much the market is valuing the company for. The dividend yield measures the amount of income received in proportion to the share price. If a company has a low dividend yield compared to other companies in its sector, it can mean two things. Number one, the share price is high because the market reckons the company has impressive prospects and isn't overly worried about company's dividend payments. Or number two, the company is trouble and cannot afford to pay reasonable dividends. So when you do these kind of comparisons, you would be looking at people in the same kind of area. So if you're looking at stocks that are at the tail end of their growth cycle, so they're larger companies, most likely, that are kind of marched along and you're saying, hey, wait, this one company has a much higher dividend yield than the others. That indicating that the other one doesn't feel as secure in their position. If you were to compare to growth stocks, then again, you would expect the growth stocks to not have a big dividend yield because you would expect them to be reinvesting because the reason you're in a growth stock most likely is because you want them valued the stock to go up by them reinvesting the money into the company. So at the same time, however, a company with a high dividend yield might be signaling that it is sick and has a depressed share price. So the dividend yield is of little importance when evaluating growth companies because as we discussed above, retained earnings will be reinvested in expansion opportunities, giving shareholders profits in the form of capital gains, thank Microsoft. So when they're growing, they're not gonna be giving dividends so you can't do the same kind of analysis. When you're talking about mature stocks that are later in their business cycle and you would say they should be just marched along nicely generating revenue, not needing to invest in a lot more new capital and facilities and whatnot because they already have the infrastructure in place. Then if they're not paying dividends relevant to their competition in that area, then that's when you might say, hmm, something looks different. What's going on? Why is that the case? Dividend coverage ratio, when you evaluate a company's dividend paying practices, ask yourself if the company can afford to pay the dividend, the ratio between a company's earnings and the net dividend paid to shareholders knowing as dividend coverage means a well used tool for measuring whether earnings are sufficient to cover different dividend obligations.  So the ratio is calculated as earnings per share divided by the dividend per share. When coverage is getting thin, odds are good that there will be a dividend cut which can have a dire impact on valuation. So when the company's starting to say, hey, look, things are getting a little thin here between what we can afford to pay out and the dividends we currently have, they might have to cut the dividends and cutting the dividends will have the reverse impact usually as increase in the dividends. They don't want to do that because it's gonna give a negative sign to the market and their share price could be negatively impacted as a consequence. So investors can feel safe with a coverage ratio of two or three generally. So in practice, however, the coverage ratio becomes a pressing indicator when coverage slips below about 1.5 at which point prospects start to look risky. If the ratio is under one, the company is using retained earnings from last year to pace this year's dividends. So in other words, you would like the dividends that there be paying out to be representing current earnings. So the current earnings in the current year, you would like the dividends to be coming from there. Now, they could give dividends equal to their retained earnings. The retained earnings represents current earnings and prior year's earnings. But if they're giving out dividends that are higher than their current year earnings, then they can't sustain that forever, obviously, unless something changes, whether that be earnings increasing or they reduce their dividends, right? So they might have a down year, for example, where their earnings are low and they might still give their dividend out that would be over their earnings. And that would mean they're dipping into the prior year earnings. And that might be okay if it was some kind of shock that we all know in the system, we could say, okay, like COVID happened and that was a big hit on this particular industry and we expect them to bounce back. And it's nice that they kept their dividends up in that time. But it would be a bad indication if that was happening with no explanation or normal times. So at the same time, if the payout gets very high, say above five, investors should ask whether management is withholding excess earnings and not paying enough cash to shareholders. So on the other side, on the flip side, you might be saying, hey, look, I'm the shareholder here. You've got these massive amount of earnings that you have, you're already established. You're not putting the earnings back into the company. You're not building and growing like you were as a growth stock, but you're also not giving the dividends out. Why is that the case? Because you've got the cash. I mean, either you should be putting that money to work to make me money as the shareholder or you should be giving it to me as the shareholder so I can invest it. So you can see a situation of them holding on the cash. If they're holding on the cash for no reason, they're not investing it, they're not giving value, then you would expect them to give it to the shareholders. So managers who raise their dividends are telling investors that the course of business over the coming 12 months or more will be stable. So the dreaded dividend cut, so what if they decrease the dividends? That's a bad sign, typically. If a company with a history of consistently rising dividend payments suddenly cuts its payments, investors should treat this as a signal that trouble is looming. So usually companies are really gonna try not to do that. So if they have to do that, it's not normally a good sign. While a history of steady or increasing dividends is certainly reassuring, investors need to be wary of companies that rely on borrowing to finance those payments. So you gotta think about the leverage, how much, you know, how leveraged is the company because if there is a downturn and they're overly leveraged, too much borrowing, it's gonna be a problem. Take for example, the utility industry which once attracted investors with reliable earnings and fat dividends. So as some of these companies were diverting cash into expansion opportunities while trying to maintain dividend levels, they have to take on great debt levels. So notice that some of these companies can kind of run into a problem because they kind of, at one point, they peaked out on their business cycle. So they're in the position where they've got the infrastructure and they're just marching along and they should be passing out the dividends, but then they want to reinvest and reinvent themselves and get into new industries which would require capital, more money, to reinvest. But it's kind of hard to go back in the cycle and try to act like now your growth stock when you're already in the mature phase. So now they're in the situation where they've got to keep their dividends up because decrease the dividends would look bad, but they're also trying to invest as a growth stock would in some areas. And so those things become a little bit difficult. And so they might deal with that by maybe having to spend off or something like that so that they can have aligned their goals or whatever, but in any case, so watch out for companies with a debt to equity ratio greater than 60%. So higher debt levels often lead to pressure from Wall Street as well as from debt rating agencies that in turn can hamper a company's ability to pay its dividends. So we got the great disciplinarian. Dividends bring more discipline to the management investment decision-making. Holding onto profits might lead to excessive executive compensation, sloppy management and unproductive use of assets. So notice that as industries kind of move on or get more established, it might be have less competition possibly or something like that. If you think of government entities, they clearly or not for profit entities, it's clear that bloat is kind of more easy to happen in some ways there because you don't have the same kind of competition that hopefully is driving companies to be more lean and mean. As large companies get larger, as they get up on the business cycle, they might have more kind of monopoly power in their particular area. And if there's no pressure, some more pressure can be put on them by saying, hey, you should be giving dividends and so on. If not, you can see the same kind of bloating happen as they start to dominate or have market power in their industry, which would mean stuff like they're not being as lean and mean, they've got their overpaying, their management, they've got too much management in the company and they've got things that they could cut out. So studies show that the more cash a company keeps, the more likely it is that it will overpay acquisitions and in turn damage shareholder value. So obviously, if they're being sloppy with their money, then it's not being invested properly. If there was being invested properly to grow, that would be good for shareholders, but if it's not being used efficiently and it's not being paid out in dividends, that would be bad for shareholders. So in fact, companies that pay dividends tend to be more efficient in their use of capital and similar companies that do not pay dividends. Furthermore, companies that pay dividends are less likely to be cooking the books. So let's face it, managers can be awfully creative when it comes to making earnings look good. So note that there's a lot of pressure when you've got these publicly traded companies that are trying to keep the stock prices up and so on to have this nice look of nice increasing earnings over time, which there's audits and stuff to make sure that the books are transparent and whatnot, but there's incentives for management to possibly do things that are not as transparent. So if they're out, but you can't really get away from if you're actually paying cash, just like the good old days, like just like the 30s when the dividends are a cash flow. So that's not something that you can kind of fudge or anything like that. So it could be a good solid indicator. But with dividends obligations to meet twice a year, manipulation becomes that much more challenging. Finally, dividends are public promises. Breaking them is both embarrassing and management and damaging to share prices. So to tarry over raising dividends, nevermind suspending them is seen as a confession of failure. So a way to calculate value, another reason why dividends matter is dividends can give investors a sense of what a company is really worth. The dividend discount model is a classic formula that explains the underlying value of a share. So you can try to value a company, for example, by thinking about what its future cash flows will be. So you can try to think about what the future cash flows will be and then try to discount them back to the current timeframe and that's kind of a valuation method. So, and it is a staple of the capital asset pricing model, which in turn is the basis of corporate finance theory. According to the model, a share is worth the sum of all its prospective dividend payments, discounted back to their net present value. So you do a time value money, present value calculation. So as dividends are a form of cash flow to the investor, they are an important reflection of a company's value. It is important to note also that stocks with dividends are less likely to reach unsustainable values. Investors have long known that dividends put a ceiling on market declines.


My name is Denea and I'm from the Long Beach Public Library and today we will be making Egyptian collars. These are really neat. I'm going to show you different ways that you can make it with whatever you have at home, but before we start I just want to make sure if you haven't signed up for the summer reading program go to longbeach.beanstack.org to sign up today. If you already signed up for the summer reading program don't forget to type in pirate in the activity tab in beanstack so you can get credit for watching today's program. Okay so let's start. So as you can tell I am using a paper plate to make the collar. If you don't have a paper plate you can also use construction paper. This is what I use and I'll show you the different types of collars that I made, but before we start so I'm going to use a regular paper plate. If you have a paper plate at home you might have like different designs. I'm using a really light flimsy kind of paper plate and I'm going to get a marker and I'm going to make a Y like the Y and you're going to put it out and you're going to mark it there and then you're going to just follow along and kind of like make a happy face. So you're going to do that and after that you will cut it. So what I did I'll show you. So this is the end product. I'm just going to take some scissors. We got some safety scissors right here and you're going to start cutting and I'm going to cut on the outer part of the marker so that you will not see the lines. So I'm going to keep cutting cutting cutting and then this is what you get. So also if you are going to use construction paper this is what you'll do. So it's kind of like you're going to make two happy faces. You're going to go one and then two. You can either do a free hand and you're just going to cut along so what you're going to do is you're going to cut on the inside and you're going to cut on the outside of the inner one. And once you're done with that this is what you're going to get. It looks like a little bib. So I'm going to show you the different types of things that you can do to decorate. If you just only have crayons you can just use crayons. I have markers. Also you can use the glue. You have regular glue which is a good or you can use a glue stick. Can't forget the glitter. You have glitter. And I made this one with paint. We have tempera paint. I'm sorry this is biocolor paint but you can use watercolor. You can use whatever and this is the result of that what I used for this. And also we also have this with regular crayons. This is what I did with markers. This one can get a little bit messy because we're going to use glitter. So we have this. We have glitter. We have markers and since we're over here at the library we had some leftover jewels. So I glued it on top so you can do that. And that's pretty much it. It's very simple. If you want to learn more about Egyptians we have so many books here at the library that you can check out and read at home. And I have some books right here that we are. We have some of the many books but I also have this one book that I just finished reading. It's a really good book. It's by Tamar Brown. It's a shipwreck sailor. An Egyptian tale with hieroglyphics. It's a mysterious, oh it's a man who goes on a mysterious journey trying to find treasure. So it's really neat. And the cool thing is the illustrations are really wonderful. And it's a really nice story but the cool thing is it also tells the story in hieroglyphics. So you get a little bit of feel of it. So don't forget if you haven't signed up for summer reading go ahead and go to longbeach.beamstrat.org to sign up today. And don't forget our activity code for the week is okay. You'll have a good day and I'll see you next time. Have a good day.


What is going on guys, welcome back to the channel and I do appreciate you being here. Today I bring you another Borderlands free video and today guys I believe I can tell you that I might actually know the release day for the game due to hints within the latest Borderlands free trailer. But before we go any further guys, if you do enjoy the video and would like to show you support you can by smashing that like button, if you would like to share the video that would be much appreciated by yours truly. Ok, so the first Borderlands trailer we got a few days back, well although at the time it didn't show all the exact type of game this next Borderlands game would be, it was full of secrets including Morse code and so much more. Gearbox love doing this type of thing and I believe in the latest trailer they actually showcase when the game will be released, when Borderlands free will be released. As yesterday during the pack stream no release date was mentioned at all. So if this news is correct it's kinda big news. So going back over the trailer there are words scattered everywhere throughout it, but I believe there is also a date which we have to put together via the numbering of 2 digits found within the trailer under completely different places which have the exact same font. The date also makes sense as to although I won't say Borderlands 3 is finished, we do know Gearbox have been working on it for 5 years though, so this date is kinda realistic in my opinion if correct. So at the time of 1 minute 41 into the trailer we see this number of 01 at the top of the sky scraper, a little further on at 1 minute 52 seconds we see another number of the exact same font bearing 10. So what do we have here 01 and 10. Now I do truly believe that this was put here on purpose, as like I said Gearbox love to hide clues. But this depending on what part of the world you live in could mean two different dates, it could be the 1st of October or January 10th. It's also important to note that October 2019 late this year will be the 10 year anniversary to when Borderlands was released and this is the date I think it could mean, I mean it kinda makes sense people don't you think? But yeah, it could be either October 1st or January 10th both though are realistic dates in my opinion for this game, but if I do have to pick one like I said, my gut is telling me October this year. But what do you think, now this isn't confirmed at all by response or take it with a pinch of salt people, it could be completely nonsense and it could be something they want us to find and speculate about but mean nothing, but we will see. So here you guys I just wanted to make a quick video showcasing this and what's been found, hopefully it's legit and hopefully we'll get the game this October that would be absolutely epic, I mean I just cannot wait for this game.  Borderlands 3 though will definitely be a game I cover and I do plan on covering all the latest Borderlands news so if that's something you are interested in and you are new around here be sure to subscribe people by that note we have come to the end of the video tell me your thoughts down below in that comment section if you guys enjoyed it leaving a like really does help out if you are new around here and this is what you want to see more of be sure to subscribe and if you never want to miss a video I upload a content notifications on by hitting that bell button but guys thanks as always for stopping by hopefully you enjoyed the video and hopefully I will see you on that next one


it. Okay, good morning and welcome everybody to the course BC 308, Revelation and Daniel. We are right now in the book of Revelation chapter 18 is where we're going to start off today and we'll see how far we can go today starting with chapter 18, Revelation. Let's pray and then we will get started. May I request somebody to pray with us today and we will get started please. Kiran, can you pray? Yes, sir. Father, we come before your throne once again and we want to say thank you Father God for all thank you Father God for your goodness and your faithfulness and your mercy in grace thank you Father God, submitting to your hand Father God every student give you wisdom and knowledge and understanding Father God that we can understand the subject Father God reveal more things to your kingdom work Father God thank you rest of the time submitting to your hand take care of every side Almighty teacher's name we pray amen. Amen. Amen. Great thank you good morning everyone so we have been journeying through the book of Revelation as we see the unfolding of God's plan of what what the Lord Jesus revealed to the Apostle John so Revelation chapters one two and three but things that were concerning what John saw and the things that were that means that were there during John's time the first three chapters chapters four and five described to us a scene in heaven beginning with what the Lord said things that are going to come so four and five are in the future John sees what's happening in heaven chapter six we see what's beginning to happen here or not so we are journeying from chapter six we went through all the way to chapter 17 in the book of Revelation we see we saw the seven seals the seven trumpets and the seven bowls have been poured out and during along that journey we have seen the midpoint of the tribulation which is Revelation chapter 11 where that there are these two witnesses Revelation 12 Satan comes with great vengeance he knows this time is short Revelation 13 the Antichrist and the false prophet what they do how they try to control globally and Revelation 14 is the 144,000 Jews up in heaven and then the other five angels making proclamations Revelation 15 and 16 are the seven the second the last war which is the seven bowls bowls of judgment and then Revelation 17 which we saw last week so so basically what happens is when we come to Revelation 16 towards the end of the seven bowls the sixth bowl is the preparation for the battle of Armageddon the river Euphrates is dried up demons are released now this is Revelation chapter 16 verses 13 and 14 demons are released to go when in an instigator mobilize the kings of the earth to come together together for the battle of Armageddon that's the sixth bowl or judgment and then so basically the the battle of Armageddon has you know mobilization for that has already started so we're really close to the end of the seven year tribulation and then Revelation 17 and 18 are telling us two major calamities that happened before the battle of Armageddon Revelation 17 we saw last week this this this religion this great harlot to this mystery Babylon collapses she is destroyed basically what happens is in Revelation 17 we saw that these these these 10 leaders who had supported the Antichrist and the false prophet who was supported by the Antichrist these 10 leaders they would draw their support and they turn against this great harlot which is this one world religion or that's been put in place and so that whole thing collapses so we covered till that that is till the end of Revelation 17 we are starting today with Revelation chapter 18 so Revelation 18 once again I'll just give a quick overview and then we will read it Revelation 18 talks about the great city Babylon it's not talking about mystery Babylon but the great city Babylon the name is similar Babylon Babylon referring to anything that would go against God or try to replace God the great the mystery of the great harlot Babylon the mystery Babylon Revelation 17 was talking about the religious system the great city Babylon which we will read about in Revelation 18 is talking about the financial system the economic system you see so the Antichrist had brought in this economic system nobody can buy or sell unless they have the mark of the beast on their hand or on the forehead only then they can buy and sell only then they can you know be part of the economic system and so a lot of the peoples of the earth they became part of that financial system but what we read in Revelation 18 is that everything collapses within one hour within one hour the whole financial system collapses people lose their wealth people lose their money everything they have put in just disappears so that's what we're going to read and let's read in portion by portion let's go Revelation chapter 18 and we'll read verses one through eight to start off Revelation chapter 18 verses one through eight please somebody could read that for us after this I saw another angel coming down out of heaven he had great authority and his planter pride in it the whole earth he cried out in a loud voice she has fallen great Babylon has fallen she is now hunted by demons and unclean spirit spirits all kind of filthy and hateful birds live in her for all the nations have drunk her wine the strong wine of her immoral lust the kings of the earth practice sexual immorality with her and the and the merchants of the world grew rich from her unrestrained lust then I heard another voice from heaven saying come out my people come out from her you must not take part excuse me in her scenes and scenes you must not share in her uh banishment for her scene are are billy up as high as heaven and god remember her wicked way treat her exactly as she has treated you be her beg double for all she has done feel her gap with a trunk her drink twice as strong as the drink as the drink she prepared for you give her as much suffering and grief as the glory and luxury she gave herself for she keeps telling herself I sit a queen I am no widow I will never known grief because of this in one day she will be she will be struck with black diseases grief and famine and she will be burned with fire because the lord god who judge her is mighty okay thank you so revelation 18 so this angel is coming and he's announcing revelation 18 verse 2 Babylon the great is fallen and it has become a place where all these unclean spirits are inhabiting so um you see uh uh the the the declaration the fall of this great Babylon now we'll see what is this Babylon what is the seat what is it announcing um what I want to point out is that whatever this Babylon is it's become a place where the morning powers are operating so really when we see we will see that this Babylon is a place of like we said it's the financial system the global economic system the reason we can see it is in verse 3 he talks about the merchants of the earth merchants of the earth meaning the people who do business uh the people who buy and sell the people who you know transact so he's talking about an economic system a financial system but this financial system has become so corrupt that instead of god being a part of it um it's the demons that are that are just you know in this system and just a side note you know look it talks about there was two talks about every unclean and hated bird every unclean and hated bird so um uh when we see you know the the prophetic image birds birds could be used for the example the dove is a symbol of the holy spirit the eagle is often used as a believer and they shall mount over things like eagles so birds are prophetic images in some some ways they're used to represent you know good things but birds are also used to represent bad things and here it talks about every unclean and hated bird so you can imagine you know uh some birds that that are unclean that are not clean those are prophetic images of evil spirits demonic powers whereas dove or and the eagle is used to symbolize good things right just just for you to not to keep a side note as on how prophetic prophetic images in the bible coming back to what revelation 18 is talking about he's talking to us about uh this this economic system verse three says you know the nations are kings meaning people of power and influence of all participated uh in this in this system and of course you know notice the language he's talking using uh a language like immorality uncleanness why is that that's telling us that uh participating uh or engaging in this kind of thing is really not only is it a natural thing the sense of yeah they're buying and selling but there's also this departure from god they're engaged they're engaging in something that's not from god and so this language here is very strong and then he tells us you know that god has remembered the sins i mean he's seen seen this wickedness now you will see in verse seven it says in the measure that she glorified herself and lived luxuriously she says i sit as a queen and um uh uh no widow and will not see sorrow that means it's talking about the the pride the you know the the the wrong attitude the pride of life being expressed here you know that this this whole system is uh personified as a queen who is so proud of her achievements proud of her luxuries proud of her wealth right so this this system is personified like that and uh she sits as a queen and and and boasting all these things but verse eight in one day all of this would be burned with fire for god is going to judge this whole great city of Babylon right so as you read further it becomes very clear that this great city of Babylon is an economic system let's read verses nine through 16 please if somebody could read that verses nine through 16 and you observe very carefully the way it's described you'll realize that yeah this is an economic system or a financial system revolution 18 nine through 16 please the beings of the earth who committed fornication and live well lived luxuriously with her will weave and lament for her when they see the smoke of her burning standing at the distance for fear of her torment saying Allah Allah Allah that great city Babylon the mighty city for in one hour your judgment has come and the emergence of the earth will be and mourn over her for no one buys their merchandise anymore merchandise for gold and silver precious stones and pears fine lenient and purple silk and scarlet scarlet every kind of citron would every kind of object of equal ivory ivory every kind of subject every kind of object of most precious wood bronze iron and marble and cinnamon cinnamon and incense fragrant oil and frame king senses fine and oil fine floor and wheat cattle and sheep horses and char char lids and bodies and souls of men the fruit has the fruit that your soul longed for has gone from you and all the things which are rich and splitting have gone from you and you shall find them no more at all the merchants of these things who became rich by her will stand at a distance for fear of her torment weeping and veiling and saying Allah Allah that great city that was clothed in fine lint purple and scarlet and a dawn with gold and precious stones and pears okay so thank you revolution 1892 uh 16 so here we're getting a description of what this great city or what this queen or this um this you know this this the 12th personified as a queen um uh what this is so he's very clearly mentioning here you know he says you know the kings or the leaders of the earth they all were participating in this and they were enjoying the luxury of it but yet they were going they will see all of us go up its smoke it's all just going to be burnt it's going to be destroyed and the great city was then the great city Babylon in one hour in one hour it's going to be destroyed right so this great city Babylon so this whole economic system is represented or is described by this a great city or by this by personified as a queen living in luxury but what exactly is it when you read verses 11 through 11 through 15 you find that he's talking really about merchandise and people buying and selling all kinds of things gold and silver precious stones purples clothing and precious metals and spices and food and even you know livestock cattle and even he says bodies and souls of men that's worse that even people are bought and sold in this you know so this is like a system big system where all these transactions are taking place basically it's a you know so we would say in uh in uh in uh in in in our in our modern language you would say this was um an economic system a financial system but things are bought and sold and people are you know engaging in this and all of this is going to be judged in one hour it's going to collapse so let's see what happens as we read read on in this chapter verses 17 to 24 please somebody could read it so we understand very clearly from these verses verses 11 12 13 14 it's really talking about a system that is buying and selling in an economic system and of course he's using the language of his day you know he's talking all about you know clothing and precious stones and all of those kinds of things but it's describing to us an economic system verses 17 to 24 we will see what more will happen to this great city Babylon could somebody read that please verses 17 to 24 okay Thomas revelation 18 17 to 24 please so pastor i will read it 24 21 to 24 right pastor 17 to 24 please okay um for in one ha one ha such a great riches came to nothing every ship master all who travel by ship sailor and as many as the trade on the sea stood at a distance and cried out when they saw the smoke of the hurt burning saying what is this like this great city they threw dust on their heads and cried out weeping and willing and saying alas alas the great city in which all who had ships on the sea became rich by their wealth for in one hour she is made desolate rejoice over her oh heaven and you and you holy apostles and prophets for god has avenged you on her then a mighty angel took a stone like a great milestone and threw it into the sea saying thus with the violence the great city Babylon shall be thrown down and shall not be found anymore the sound of heart harpises musicians fluterists and trump trumpeters shall not be heard in your in you anymore no craftsman of any craft shall be found in you anymore and the sound of the milestone shall not be heard in in you anymore the light of the lamp shall not shine you in anymore the voice of the bright doom and the bright shall not be heard in you anymore for your merchants were the great men of the earth for by your sorcery all the nations were deceived and in her was found the blood of the prophets and the saints and all who were slain on the earth so thank thank you so verses 17 to 24 once again is giving us more indication on what is this great city Babylon and what is he talking about in verse 17 he says in one hour such great riches came to nothing so basically this everything collapsed in one hour and what's he talking about such great riches he talks about sailors and others merchants on ships who were trading on this you know from from across distances so he says in verse 19 these people had ships on the sea and they became rich by her wealth again is talking about commerce about business those kinds of things and he says once again he says in one hour she's made desolate that's verse 19 and then he's he's you know so I'll just touch on the other points here verse 21 he talks about this great city Babylon in verse 22 he talks about craftsmen and millstone that is the grinding stone you know in which flower and all is made talks about merchants in verse 23 so basically it's very clear to us and I'm just highlighting this that he's talking about commerce a commercial system an economic system so this global economic system which was brought in by the antichrist causing people to buy and sell only by receiving the mark of the beast when he was controlling this everything collapses and people of the earth participated in it kings of the earth leaders of the great people participated in it everything collapses now now other things just want to point out is he says in verse 20 and once again verse 24 he talks about the blood of the apostles the prophets and the saints being avenged that means this system this global economic system impacted the people of god resulting in their death how would that have happened well god's people apostles and prophets and saints refused to partake of this this system because they refused the mark of the beast they refused to receive the mark on their hands or the foreheads they didn't say we're not going to participate in this thing right and so they were they were killed the apostles the prophets the saints were killed and so here god is avenging their death by the collapse of this economic system the other thing we see here is he says you know what this great city when you collapse there'll be no more music heard in you or no more celebration nothing meaning it's going to be desolate it's going to be barren this collapse is going to be so you know it's it's it's the the finality of it it's it's over the global economic system that all the leaders of the earth and and influential people they all participated in it it says in one hour all their riches are gone it came to nothing right so revelation chapter 17 is mystery Babylon or the great harlot revelation 18 is the great city Babylon or the queen or the luxurious queen they're just both just you know pictures of one is a religious system one is a economic system both these things collapse during the time of the build-up to the battle of Armageddon and it's very interesting you know what we are seeing happen in the world today you know you know what what's happening the world today with you know Russia Ukraine the battle and how Russia you know had invaded has invaded Ukraine and all of that and then how all the many nations many other nations have responded to european not american nations so on they responded and and i have mentioned this before and we have we've seen that in it within you know a day or a few days the economy of the Russian nation was impacted so greatly you know so in this in this whole war there's been an economic impact and of course other other nations are also feeling the results of a lot of sanctions and so on but you can you can kind of get a sense how in this great build-up of the battle of Armageddon the nations are going to be mobilized towards israel as that is happening as they're all moving in two things collapse the religious system collapses the economic system collapses so now we come to revelation chapter 19 in revelation chapter 19 we get a glimpse of what is happening in a heaven while on earth there is a preparation for the battle of Armageddon happening so on earth revelation 16 13 through 14 the nations are being mobilized to towards the battle of Armageddon the global economic system collapses the religious system collapses global religious system collapses that's happening here on earth revelation 19 what's happening in heaven around the same time right so that's what we're going to see everybody's with me so far any questions okay everything's clear okay i see you go comments so what's happening in heaven during this time revelation chapter 19 let's please read verses one to ten revelation 19 one to ten somebody could read it for us please prince after these things i heard a loud voice of great multitude in heaven saying allaya salvation and glory and honor and power belong to the lord our god for true and righteous are his judgment because he has he has judged the great harlot who corrupted the earth with her punishment and he has a avenged on her plot of his servant said by her again this again they said hallelujah hallelujah her smoke rise up forever and ever and the 24 elders and the four living creatures fall down and worship god who said on the throne saying amen hallelujah then a voice came from the throne saying praise our god all you his servants and those who fear him both small and great and i heard as its were it was the voice of a great multitude is the sound of many workers and is the sound of mighty things saying hallelujah for the lord god omnipotent reason let us be glad and the choice and keeping glory for the marriage of the lamb has come and his wife has made us ready and to her eat was granted to be arranged in fine learning clan and pride for the fine learning is the righteous act of the saints then he say and then he said to me right place of those who are called to the marriage circle of the lamb and he said to me these are the true saying of god and i for at his feet to worship him but he said to me see that you do not do that i am your flow servant and of your brother in who have the testimony of Jesus worship god for the testimony of Jesus is the spirit of prophecy man thank you so revelation 19 versus on through 10 so John is loose having this vision of heaven and what's happening first there is a great celebration in heaven at the collapse of what's of Babylon here on earth so this great harlot Babylon that's the religious system has collapsed the great city Babylon has collapsed the Babylon itself this this whole system this whole system or systems that man had put their trust in which took the place of God which resulted in the destruction of the lives of many of the saints and the apostles and the prophets of God has collapsed and so in heaven there's that shout of triumph alleluia praise our God this is in a goddess avenged his people and then well there's the sound of worship and praise uh john hears this he says you know here is the announcement being made the marriage of the lamb has come so what is happening in heaven towards the end of the seven years of tribulation the final thing happening in heaven is the marriage of the lamb remember we are in on as far as the earth's calendar is concerned we are in the seven years of tribulation right as far as the earth time is concerned and we've come to the end of the seven years of tribulation at that time what we are seeing happening in heaven is the marriage of the lamb and so there's this announcement being made you know worst seven uh enjoy speak glad give glory to god by the marriage of the lamb has come and his wife has made herself ready now when it says his wife we keep in mind that God's people the body of Christ is also referred to in as referred to with with this feminine term the bride of Christ or the you know uh uh the saints the people of God are pictured that way right as the bride of Christ so um this you know based on Ephesians 5 we see that that Christ gave himself for her the church so the church meaning that the people of God so here Revelation 19 verse 7 the and talks about the bride of the lamb it's basically the saints of God God's people all the old and the new testament says all of them together who are now in heaven they have made themselves ready and they are clothed and fine linen in righteousness they're clothed and by unrighteousness and which nine the marriage supper of the lamb has come and so you know uh let me say this we know Jesus said this when he sat with his disciples at the last supper he sat with them and he said you know uh as he ate the bread and and the wine and you know and he and he instituted the Lord supper he said I will not drink it with you until I drink it with you in the kingdom of heaven in the kingdom in the presence of the father you know so this is it we are saying that he was referencing or referring to the uh marriage supper where the the the bride is going to meet the bride groom now you know we just have to imagine we don't know all the details but generally what you would see is okay there's a big table people are sitting and eating you know you you think about a marriage supper like that but it's really talking about a time of celebration a time of great union a time of rejoicing meaning this is something God has been working towards he's been getting the people ready and this is that climax this is the coming together of everything God has been working towards so the marriage supper of the lamb so on earth is getting ready for the battle of armageddon on earth in heaven sorry there is this great celebration of God saying look this is something I've been preparing the saints for God's people for and this is that celebration once this marriage supper of the lamb has taken place in heaven what happens next we see the Lord coming forth out of heaven to the earth so we see revelation chapter 19 verses 11 through 16 can somebody read that for us revelation 19 11 through 16 conan if your mic is okay you can read it they I'm not sure it's about your mic so I don't want to trouble you but conan if your mic is fine read it please read revelation 19 11 to 16 okay I will read 11 to 16 right now I saw heaven opened and behold a white horse and he who sat on him was called faithful and true and in righteousness he judges and makes war his eyes were like flame of fire and on his head were many grounds he had a name written that no one knew except himself he was clothed with the robe dipped in blood and his name is called the word of God and the armies in heaven closer in the infine linen white and clean followed him on white horses now out of his mouth goes a sharp sword that with it he should strike the nations and he himself will rule them with the rod of iron he himself spreads the wine press of the friends and wrath of almighty god and he has on his robe and his a name written king of kings and lord of lords thank you so revelation 19 11 through 16 so john sees the heaven opened and he sees jesus coming so this is the lord jesus returning or coming to the earth in this this magnificent glory right now daniel spoke about this he said i Daniel chapter 7 verse 13 14 daniel said i saw the son of man coming in the clouds of glory many times on his earthly ministry jesus said you will see the son of man coming in the clouds in his glory and here it is revelation 19 11 being fulfilled he comes and and and john is describing he comes with you know like this mighty warrior riding on a white horse his eyes are like flame of fire and his head has many crowns meaning he is king of kings he's he's he's the symbolizes in great authority and dominion and he's the one you know who was crucified he has his robe dipped in blood and he's called the word of god and then he's saying the armies of heaven so the armies of heaven would include the angelic hosts and the saints you know in jude chapter 1 verses 14 and 15 uh jude records you know the inox said i saw the lord coming with 10 000s of his saints jude chapter 1 verses 14 and 15 and 15 so that's being fulfilled right here when the lord comes with the armies of heaven that means the saints of god and the angelic hosts we are coming with him and what happens he judges the nation he strikes the nations so here on earth the nations have gathered together against jerusalem against israel against jerusalem they're coming against them now there may be those who are supporting or for israel and they are those who are against israel and like we saw from a sickle 38 and 39 you know it gives us a list of some of the nations and how they're aligned and they're coming to get them against israel and the lord himself comes and he judges the nations because he is king of kings and a lot of lots so the bible talks about you know gives details in other places like in sakharaya chapter 14 it talks about how this battle is going to unfold and i think also in yeah sakharaya chapter 14 he talks about you know that his feet will come on the mount of olives sakharaya 14 4 the mountain will be split in two and then verse verse 12 the lord will distract the people of the earth and you know the sakharaya 14 they they will be just destroyed right so god himself comes and he fights for jerusalem for israel and he destroys these nations who have gathered against israel against jerusalem so that's this passage your revelation 19 11 to 16 and he is going to take care of or he's going to judge the the antichrist the false prophet and that's that will happen at this time the end of the battle of armageddon so let's read that those last few verses revelation 19 verses 17 to 21 just to see the you know what what happens in the battle of armageddon revelation chapter 19 17 to 21 please somebody could read that for us then i saw an angel standing in the sun and he cried with loud voice saying to all the birds that fly in the midst of the heaven come and gather together for the supper of the great god that you may eat the flesh of kings the flesh of captains the place of mighty men the place of horses and and of those who sit on them and the place of all people free and slave both small and great and i saw the waist the kings of the earth and their enemies gathered together to make war against him against him who sat on the horse and against his army that the beast was captured and with him the false prophet who works science in his presence by which deceived those who received and the mark of the beast and those who worshipped his image these two were cursed live into the lack of fire burning with brain stone and the and the wrist were killed with the sword which processed proceed from the mouth of him who sat on the horse and all the birds were filled with the flesh okay so this this this passage here says describing to us this battle of armageddon here on earth just by the word of his mouth the lord is going to you know destroy all those who had come against israel and the kings the armies of the earth all those who have gathered against israel they're going to be destroyed and it says the beast and the false prophet so the antichrist and the false prophet are going and those you know those who worship them they're going to be cast into the lake of fire so this sent away into the lake of fire and the rest were killed the others so that means the other armies the earth people who who came against israel tourists they were killed and the birds of the came to eat up the flesh meaning you can imagine hundreds of thousands of people killed we saw earlier in revelation 14 where uh when the angel it announced in revelation 14 that revelation 14 20 that blood will flow up to the horses bridle for about 180 or 200 miles this is that destruction the the devastation people are killed blood is going to flow like that like a river outside of Jerusalem so or outside not too far from the city of Jerusalem so this you know this the lord himself will defend Jerusalem and his people is around and this is the kind of destruction that's going to take place the the antichrist and the false prophet are removed they are put into the lake of fire so this brings us to the end of the seven years of tribulation it ends with a battle of Armageddon and Christ has come to set up his kingdom here on earth now when we read Daniel chapter 12 the end of Daniel Daniel mentioned you know he he gives this gap period of about 45 days or so when the the the the the we talked refer to it as a fourth temple as equal chapter 40 onwards 42 48 I think you know before the the worship of the temple can be restored and so on temple cleansed and so on so it seems to us at this period of time this gap period of about 45 days or so is a time that is used probably used to just clean up all the devastation destruction that comes at the end of the battle of Armageddon but Christ has come to set up his physical kingdom on the earth and he is going to rule physically literally out of Jerusalem as had been spoken through the prophets okay so we'll take a break and we'll come back we'll continue with chapter 20 to see what follows what happens after the battle of Armageddon you know so Revelation chapter 20 we'll start that after the break okay so let's take a quick 10 minute break and we'll see again thank you


Yeah, I don't think this is ever going to end. It's absolutely disgusting how easily those in charge of this planet are able to manipulate the media to cover up their evil agendas. They've set up new cellular infrastructure that is causing damage to all living beings on this planet. They dismiss all of the truths as conspiracy theories and label people as crazy. You know what's really crazy? Lawns believing the dozens of explanations they need to make for what's going on in the world. Birds, the bees are dying because of the hornets and invasive species. The birds are falling out of the sky because of a mysterious illness. The tigers are getting sick because the virus transferred to the tigers from the humans. Like, really? The perfect quote for this from Mark Twain is, it's easier to fool people than to convince them that they have been fooled. And I don't even know if that quote's correct because there's no point in even trying to convince people anymore. You can't convince anyone once they've been fooled, at least in this day and age. It's comical how people believe these dozens of lies plastered in the media as opposed to one simple explanation from a more intelligent person who has nothing to gain. Electric and magnetic fields from cell towers and various telecommunication infrastructure is damaging us with non-native frequencies, a.k.a. they're frying us like chickens with antennas. When I can't stand is the painfully obvious media blitzes. I've literally seen at least a dozen articles of this BS over the past day and I'm sure there's going to be another dozen by the time I post this video. The media is really making sure everyone knows that the reason the bees are dying is because of the hornets. Back down with what's called murder hornets reported in the U.S. for the first time. Here's ABC's Zorin Shah. Tonight, killer hornets invading the U.S. and Canada. Asian giant hornets, also known as murder hornets, spotted in Washington state and they prey on honeybees that pollinate much of our food. The bees go, we go. So they pollinate one in three pieces of food we eat. So we have to protect these little guys. These hornets grow up to two inches long, roughly five times the size of a bee. And in Japan where they originate, they reportedly kill up to 50 people each year. Their giant stingers, capable of piercing a beekeeper's suit. The mandibles, there we go, you can sort of see them, are pretty large.  Hornets can destroy an entire beehive in a matter of hours.   The question to answer is why are they pushing two main points, the decimation of bees and also that the bees can harm humans. The first one is fairly obvious, there are many reports of bees dropping dead around newly put up cell towers, even studies confirm that the radiation from cell towers affects bees. So how do you hide that from the public and keep them from questioning this new infrastructure? Just introduce an invasive hornet species that wouldn't actually wipe out the population so that when the towers do start mysteriously wiping out bees, you have nothing to blame. I'm sure you can look at wherever these hornets originated from and see if there are honey bees there. I'm sure there are. You know, this doesn't make any sense. Just like when people start dry coughing, getting headaches, fatigue, and many symptoms that are not from any virus we know of, you can brainwash and gas like the public to believe it is from a virus that can manifest itself in pretty much any way whatsoever. Whom yourself with the rope? It was the virus. Suicide by two gunshot wounds to the back of the head. Definitely a virus. Smoked for 80 years and died of lung cancer. Sounds like a virus. Yep. The average person is too naive and gullible for us to stand a chance against this controlled media without fighting for it and are naive and gullible. Really the proper words to use when the media has been actively participating in a massive psychological war for operation on the population as long as we've known. This falls in line with their agenda to control the food supply and starve us into communism, globalism, whatever you want to call it. Kill all the bees so they can't pollinate crops to increase their yield. Certain grains don't need pollination, but most fruits, vegetables, nuts, foods that are much healthier, more nutritious compared to grains do require bee pollination. They use the virus as an excuse to shut down meat plants. Now they will say that the bee population is dying, so you're literally forced to eat slop and gruel.  Then they take away the anti-scorputic properties and small amounts of minerals found in fresh fruits, vegetables, the fats and the nuts. While little was left nutritionally, all gone. Your diet will be nothing besides calories from grains, no nutrition, no vitamins. Your mind and body will decay into illness, cancer, immune diseases, a perfect position to be scared into submissive slavery, and not the good fairy boy kind of submissive slavery. This leads to the fear-mongering that these bees kill humans. They've created all this panic and hysteria around the current virus that is actually less deadly than the seasonal flu. Again, as we know, those who control the media control the people. If you tell a lie enough times, it becomes the truth.  Taking away their jobs, investments, livelihood, freedom, ability to do what they want, make them sit in their homes like caged rats. The saddest part about this is people are asking for it.   There was a post on Reddit the other day about YouTube taking down certain videos and people were cheering on the mass censorship of anything against the mainstream agenda. Now, I'm inclined to believe the posts were fake and, you know, shills trying to promote the hive mind get people to think it's okay to think like that. But part of me thinks there are a large percentage of people that are oh so quick to dismiss any outside information as conspiracies and crazy talk, but they'll believe every single fake news story as long as it's the hive mind, what everyone is agreeing upon. And I'm sure you guys know why that is, but I might as well say it. People want the easy way out. Once you start questioning stuff, you know, once you start realizing the truth going on in this world, your life becomes a lot more difficult. You have to make other decisions. You have to do things that a lazy person doesn't want to do. Yeah, of course.  That's what they want you to do. They want you to be a part of that system. And most people are happy being a part of that system as opposed to working hard and doing the right thing. So we have the bee deaths being blamed on these hornets, but guess what else? Mystery virus that spreads with close proximity is causing hundreds of lorikeets to drop out of the sky in Australia. Lorikeet paralysis syndrome has killed hundreds of birds in across Australia. Experts say the disease spreads when the birds gather in large numbers. It paralyzes the birds until they suffocate or are eaten by ants or predators. Experts warn people not to feed the birds to slow the spread of the virus. Virus causing lorikeets to drop out of the sky, resurfaces in southeast Queensland. Yeah, that's probably because the new cell towers you guys set up are in southeast Queensland and are emitting 60 gigahertz new Wi-Fi technology that is attacking oxygen molecules and the birds can't breathe. We'll know our disinformation program is complete when everything the American public believes is false. William Casey, CII Director, 1981. The average person will not be able to comprehend that the world is run by secret groups of people and these people directly influence and control government agencies, CIA, FBI, every single government agency. Every single one is ran by these people. Even the most aware person won't believe the evils truly going on in this world. They pale in comparison to locking us in prisons and frying us with cell towers. I want to apologize to you guys that all I seem to be focusing on lately is what's going on right now. Although most of you prefer that over the nutrition content at this point in time. And I've said several times, you know, there's no point in talking about nutrition, fitness and health if everyone is getting microwaved and they're posting articles like this. It's pretty sad that, you know, the mainstream influencers that have all these platforms, no one has talked about this. No one in the carnivore community, you know, all these vegans all of these influencers, all these people are siding with the mainstream and taking it as truth.  I mean, I'm one of the few people that chose the right path and it'll all work out in the end. So thank you guys for joining me today. You know, check out everything down in the description. Please sign up to my newsletter at frank-defano.com and I'll see you guys for tomorrow's video.


Have you ever had one of those dreams where you're really trying to wake up in your dream?  I just have one of those for like last hour or so, but I'm up It's about 8 30 a.m. And I go sit up to my boy D Big Dan not the cafe and upload a new video called how to become a professional fitness model after I get the iBurgers out of my eyes Storytime back in the day. I used to do some professional fitness modeling That's really what got me into this fitness world kind of more or less I was up in Nike working at their world headquarters quite a bit And you know something I was doing right after college just because I need some extra money, and I got lean and Watch the video Hey, Dan Hey, Dan. Yeah, what did the pterodactyl say to the triceratops? What? What do you got there Dan? What are you about to take bro?  I love when people on TV show stuff down there. That's great. It's really cool. Anyway ladies and gentlemen Let's talk about some supplements. What we talked about supplements yesterday, but today we're gonna take the supplements Athletic greens We're gonna talk about this yesterday it pretty much it's in my opinion It is the best green juice supplement, and I think we could say an hour yet It's the best green juice supplement in terms of quality and micronutrients, but it also tastes the best There's a lot of really shitty tasting green juice supplements out there This is not one of them. This really is the best because you know the sentence is only good for the best, baby Crossroads athletic greens on it. You know premium premium stuff Thanks, that's weird Urban outfitters guys. You want this shirt? Urban outfitters. You don't live in a country. We have urban outfitters. We don't either What are you gonna do? Yeah, you're coming in great. What? Yeah come demanding pretty skinny beat this because like we're just not being that conscientious about like Eating proteins, maybe a problem. We're gonna take some BCA's before I go work out on the roof here in the minute To make sure I don't lose my muscle mass because you know what I never understood Is on YouTube like Casey Neistat or other youtubers who like talk about proxies in the comments Everyone's like oh like you gave me free stuff or all the pages you do that Yeah, obviously. Yeah, I don't know why you wouldn't want free stuff. This stuff is free But the reason why we were sharing with you is because we actually use it in our daily lives Dude, also, that's a good point about if you guys want like we're trying to show you this is more of like a long business side of things not the fitness stuff But Brandon and I like the best part one of the best parts about sending fitness is that we just wanted to find a way To get all the stuff that we would use for free So even if you have a regular job if you like start putting content on the internet around a specific topic Companies will give you those products that you were going to use anyway straight up For example our homie Bob is our developer who's a dope ass dude College boy Bob and Bob is creating a YouTube channel around whiskey and like really there's so many niches out there Yeah, that's awesome super awesome. I would watch that.  Maybe get the Zendu Jordan's out. Zendu Jays Michael Jordan if you guys want to send me some more eclipses and that guy Nike hiking shoes Max air hikers You did doing the vlog every day to get to come up with content and so today we're talking about endorsements So if a cool brands want to give us underwear underwear shoes Coconut oil like this some more bottles to put things in gummy worms to be great more fruit water We're gonna love fruit and more bendy things like this to put our camera on drones Go-Pros houses Jets BMWs yachts countries giant cakes with naked women jumping out of them or Naked men Just someone naked jump out of a cake What else do we want weed weed? Yeah, all right enough funny business I really want to tell you guys if you want your life paid for Seriously pick a niche that you care a lot about that you know a lot about start creating content in that niche So it could be YouTube it could be a blog it could be Instagram Just put a lot of effort in you know as much as possible daily at least like a few times a week Release content on that topic and then reach out to the companies that you already use our products Right that have to do with your niche and then say hey, I love your stuff. Give it to me for free I'll share with my community. So you want to make a ton of money those ways like keep your life by Just telling the companies you're creating content about that you want to use a problem of give it to you And because I think this is like a decently and spend your products. Yeah, that's like getting a hundred bucks for free. It is so I say guys How to do this go to whatever sites or for product sites that you like or you want to work with or you already use And just email them send them some content Maybe create a piece of content.   Gummy worms companies don't have big brain and bastards And this goes for like everything that you can think of like you name it like companies This is the future is people creating content around things that people use organic That's basically if you guys have questions about this drop in the comments below But I thought it'd be interesting to talk about this So you'll continue to see us talk about the products that we're getting for free because we use them So of course we're gonna talk about them you because we're using them and you the blog is like our lives So you know do it's like this long is like we recorded Life, bro. You turn it on later, and it's like what we just did that's crazy It's like go back in time every time you watch episode bro. It's like we're winding Existence so I recorded that workout, but then I had to go to the dentist And I didn't have time to get my camera or say hi or anything So now I'm back in the dentist and I got my teeth clean check it out Going to the dentist in Columbia now going to the doctor or anything that has to do with like medical stuff in Columbia is awesome Like I said before there's this balancing some things are awesome something suck going to the doctor or the dentist Awesome the best dentists experience I've ever had here in Columbia because well first of all my mother in law Me swagger is my dentist and you don't even ask you they just like make your teeth look pretty and you walk out of there It costs like 30 bucks so Really happy about that experience if you guys need like medical work done surgery whatever Research it like Columbia is one of the best places to do that. Yeah Right now I'm about to go meet the homie and continue with the trade I'm doing where you know I'm becoming a professional boxer and he's learning how to become a YouTube sensation giddy up Got a little skipping warmed up now boxing lesson number three with the homie here we go We're boxing It's really fun and it's challenging and just learning a new skill is an awesome thing because it Stracts you and it shows you that you can be do have more than you previously anticipated so right now I'm about to Eat some leftover Equivalent such a pole leg.


Good afternoon, and welcome to the digital transformation of industry's press conference at the 47th annual meeting of the World Economic Forum. Welcome everyone in the room and everyone watching on livestream. The fourth industrial revolution has had a massive impact on all industries. Today's panel are the experts on its impact and its opportunities. Sitting beside me is my colleague, Bruce Vynelt, head of digital transformation at the forum. And beside him is Peter Lacy, global managing director of strategy and sustainability at Accenture. Beside him is Stephanie Linnarts, global chief commercial officer at Marriott International. And last but definitely not least is Jean-Philbert Nincen-Guillemagne. And again, I apologize. I think I've completely transformed the meaning of his name at this point. Minister of Youth and Information, Communication and Technology of Rwanda. So let's start with Bruce. On Tuesday, you released the findings of the digital transformation initiative. Could you please share some of those findings? Yes, thank you. Thank you very much and welcome everyone. It's correct. We did launch the findings of the digital transformation initiative on Tuesday. So that maybe a little bit about the background first of this initiative. We launched the digital transformation initiative in 2015 in Davos two years ago. And we've been since collaborating very, very closely with our friends from Accenture on that. So thank you very much. One of the more ambitious projects at the World Economic Forum, and we really analyze the impact of digitalization and digital technologies on industries, on sectors, on the enterprise itself, and on society. And there's really two ways in which we did that. So number one was that we did a number of industry deep dives with a 10-year view. So we analyzed what digital really does to healthcare between now and 2025, what it does to telecoms, media, oil and gas, mining and metals, etc. And we found about 130 digital initiatives which we then quantified and analyzed. With digital initiatives we mean things like the self-driving vehicle in the automotive industry, or the connected healthcare worker in healthcare. What we then also did is that we took a step back and analyzed the common digital patterns, trends and themes across these sectors. Because digital is a horizontal play, we had that hypothesis and we found that out. One of the really notable findings that we did come up with during the analysis of the horizontal topics was that there isn't really a shared or a common dialogue in digital cross-sectors, but also between sectors and the public voice, because every single sector currently deals with digital separately. So one of the things that we created was an economic growth model, a pioneering economic growth model which actually identifies and quantifies and thus allows to prioritize digital initiatives and then creates the basis for discussions between the public and the private sector to create incentive structures to unlock this value, this trap value to society. Maybe let me give you just one example to make it a little bit more tangible. We calculated, we found out that by 2025 about 90% of all last mile delivery of parcels in logistics could be done by drones. That obviously has a huge impact on society as far as CO2 missions is concerned. Up to 87% of CO2 missions can be saved through drone delivery. It has a substantially impact on industry. The last mile delivery, all of a sudden the price gets reduced by 25%. However, currently there's a huge roadblock to this happening which is regulation. Nation states and regions are struggling as drones really, the pace of development of drones outpaces regulatory policies and regulation making. So in the US for instance, just to give an example of how fragmented this is, Amazon has just launched or is testing Amazon Prime Air. So in certain states and certain regions of the United States, it is entirely possible to deliver packages via drones. If you go to my home country, Germany, you're only allowed to fly drones as far as line of sight is concerned, which makes package delivery pretty much impossible. If you go a little bit south, where we are today in Switzerland, not a single drone would be allowed to fly above us here because it's just not allowed that drones fly across a bunch of people which counts more than five individuals. So any kind of urban flight, let alone package delivery is not possible. So it's these kind of findings identifying societal benefits and industry benefits and then looking at the roadblocks and working in public-private collaboration to unleash this trap value and maybe get rid of the roadblocks that are in place. And I'd happily talk a little bit more about the findings, but I realize I'm manipulating everybody's time at the moment. So I'll chime in later again. Thank you. Thank you. So Peter, you're more from Accenture. You've really been part of writing these reports during the research on these findings. Can you speak more on how this model can be used by businesses and how they can unlock these opportunities? Absolutely. Well, first of all, just to reciprocate and say we've been very pleased by the level of partnership that we've had both with the World Economic Forum but also with many of the companies that have dedicated a lot of their time to this and have shared their insights and indeed the governments that we've worked with over the last two years on this project. Let me unpack a little more some of the thinking around the framework to speak to your point about how it can be used. But before I do that, I think it's important to give a sense of the size of the prize. So we've talked before about the idea that over the next 10 years, a little less than 10 years to 2025, there's $100 trillion of additional value available in the whole as a result of the digital transformation of industries and the application of the technologies that Bruce mentioned. But here is a really important point. And it's an important point because there is a growing narrative that is around fear of digital transformation and uncertainty. In our analysis, what we've shown is that 55% of the value of that $100 trillion is not simply benefiting shareholders or owners or industry but benefits directly society in terms of job creation, in terms of wages, in terms of benefits to customers and indeed avoided costs as we see improvements in things like healthcare and we see digital being deployed to tackle global issues like climate change. So I think that's the first point to make. This is not to say that we should be polyanerish, not to say that there aren't going to be enormous challenges and that we shouldn't be safeguarding and thinking through carefully how we steward the journey, but there is a tantalizing prize on the table, not just for business but also for society. So that would be my first point. I think the second point I would make is that what we've tried to do with this framework and this growth model that Bruce referred to is to bring the numbers to bear for an informed evidence-based discussion between business and government and other stakeholders. Now on the one hand we've deployed that and actually piloted that with the government of the UK, with the Danish government and also with one of the major states in India to really look at not how that works in theory but how it works in practice, identifying the biggest areas of opportunity for those regions to go after and so far it's beginning I think to really reveal insightful, useful guidance for policymakers and business that can have a more evidence-based discussion on that. But that's not the limit for me. Actually the real opportunity for business is to be able to quantify and map their investments, the technologies they're deploying, the new business models they're deploying, the interventions they're making in their ecosystem and supply chains, not just by being able to analyze and quantify the traditional return on investment that you might get in an economic sense, in a traditional financial sense but also to understand the benefit to customers, to workers, to society more broadly. And understanding that sweet spot and being able to quantify it I think will be the next generation of strategy around digital bringing new levels of rigor and being able to really identify where there are those win-win hotspots both for business and for society. Wonderful. Stephanie, you're in an industry that's actually been one of the most disrupted. So what are the lessons that you at your company at Marriott International you've learned but also what are the opportunities that you've found along the way? So absolutely, travel has certainly been an industry that has been impacted and disrupted by the digital revolution but let me start by giving a little context on travel because when I talk about the opportunity I think these numbers will be interesting. So last year 1.2 billion people traveled outside of their own country. That doesn't count people that traveled within their country but outbound which is quite a remarkable figure. By the year 2030 that figure will go to close to 2 billion people traveling outbound which is pretty remarkable. The data suggests that for every 30 trips roughly about one job is created. So that means you know if these figures are even in the ballpark we're talking about 25 million plus jobs being created because of travel. So travel is big, one in 11 jobs in the world are related to travel. So in anything that helps facilitate travel, make travel better I think will have a real impact on the society. So I think that's an important context. You know as it relates to the opportunity I think the digital revolution gives the travel industry and the hotel industry in my case tremendous opportunity to enhance the guest experience. And my company is spending a lot of time, money and resources on thinking about how we can do that and not just when someone is at our hotel you know in the four walls of the hotel but well before they come to the hotel and then after they leave the hotel. So really trying to enhance the entire travel journey and what can digital do to help that? What can data and technology do to enhance that? So we are doing a lot on our website and with our mobile app to help people with the pre-planning part of their trip with a lot of local area knowledge etc. You know Marriott purchased Starwood hotels and resorts at the end of last year and now is the largest hotel company in the world and interestingly our website, our combined website will be one of the largest retail websites in the world. Travel is such a big part of what's sold on the internet. So we are spending a lot of time investing on making the pre-planning the pre-trip experience really robust and deep and rich. And that's what people want. Millennials, we talk so much about millennials, all the research suggests that they want experiences more than things and travel is an experience. Then when it comes to the hotel stay how can we use digital capabilities to enhance the guest experience? I mean there's so many interesting things to do. A couple examples to make it real. We've rolled out to all of our hotels globally, mobile check in and check out. So you can check in with your phone and check out with your phone and we're rolling out mobile keys so you can go right to your room with your phone and you know quite interesting. And I'll talk in a second about so what are the implications to jobs then because that's always to your point something people are thinking about. Just a couple other you know on property examples. We're also rolling out at hundreds of hotels soon to be thousands beacon technology so we can on people opt in for it offer very tailored offers to people when they're at our hotels. They're often there for multiple days or a week if it's a vacation. So how can we make sure that we're giving people the offers that are meaningful to them while they're in it makes their experience deeper and richer and you know helps us of course you know gain more business from the clients when they're in our properties and then of course post stay there's so much we're doing to invest in that part of the dreaming about your next travel planning for your next travel experience. But on the job piece you know I think very analogous to and this is my personal opinion would happen in banking everyone thought ATMs right we're going to take away all the teller jobs and what they really did was transform them right people don't be talking about this at a panel the other day don't give out cash anymore you know or cash checks right because you can do that in the ATM but they've become more relationship managers and selling other things. Likewise when you think about a hotel I think about the front desk will there be some impact there very well could be but we can also reskill the people at the front desk to not be about checking people in and out but being more local area knowledge experts upping their concierge skills if you will and again enhancing the guest experience making the guest experience better so you know I think there's really in travel a tremendous amount of opportunity to use technology to use data to use what's happening in the digital space as a wonderful way to grow our industry which in turn grows jobs and the last point I'd make on travel is that I do believe the more people travel the more barriers are broken down between cultures and societies and that's another added benefit of our industry growing. Thank you so we've looked at the business side we've introduced what is the potential that can be unlocked. Minister Rwanda has been a leader in innovation what is the government side of this equation what are the impacts that you've seen and you see in the future. Right so if you permit I'll start with the last question which is on the impact and I will pick just two examples that we'll discuss around this table I'll start with what Bruce said about the drones Rwanda launched the first commercial drone program that goes out of sight and it is in the business of delivering life-saving medical products in this case a blood to remote healthcare centers the program has been operational for more than two months and it's been very very successful and in this case I don't know how Bruce you quantify or monetize one life saved because a life doesn't have a cost it costs everything everything we can invest to save that one life is worth every resource and every time we've put in that business. So on the on the travel I think one of the latest addition to the Marriott family is a beautiful hotel in Rwanda I didn't know about 30 travels equal to one job because in my job what keeps me awake every day is unemployment and Marriott has contributed to creating 250 jobs in Rwanda which are going to increase by creating this experience that makes everyone look forward to travel so by increasing the number of people who travel jobs are being created and impact is being generated in Rwanda. So the next part of your question about what is the government what is our perspective I think the government should be in the role in the job of enabling you know the growth of the digital economy removing every barrier every friction so that those experiences can be increased and the kind of regulation that you talked about that are hampering the growth of digital economy can be removed so five things quickly one is to connect and bring everyone online there is a huge potential that is still trapped in the four billion people that are not connected globally in Rwanda we are talking about five million and want to bridge that gap just in the next three years the second is educate and promote and I don't want to comment on this because I think it's self-explanatory the third is regulate so when I talk about regulate it's not restrict it's actually put in place a modern regulatory environment that gives confidence and trust to all participants in the ecosystem in certain cases it is deregulate. One thing that we don't want to deregulate is our airspace with drones we want to make sure that air travel is safe but at the same time we don't want to put a break to innovation and it's possible we have done it and I get so many calls from people who come and say how did you do it in Rwanda and we are open to share the lessons we've learnt in the process the fourth is invest and finally it's corporate there is no one no single country no single industry that can figure out how to make the digital economy grow so it's something that has to be done in partnership with everyone so before we close this press conference I would like to provide the opportunity for questions we have a couple of microphones in the room so if you would like to raise your hands if we don't have any questions I would like to first thank all of our panelists for sharing their insights thank everyone in the room who's attended and watched online in the live stream audience and I would also like to encourage you all to visit the digital transformation of industries initiative web page as Bruce said they launched on Tuesday their findings you will find all of their reports all the documents that Accenture also contributed to and it's a wonderful place to read so that could be your weekend reading so again thank you to our panelists and to everyone in the room


And staying with the French summit, French President Emmanuel Macron says IMF member countries have agreed to clear Sudan's arrears to the institution, removing a final hurdle to the African nation, getting wider relief on external debt of at least $50 billion. Hosting a conference for Sudan in Paris, French President also kickstarted the broader debt relief effort, saying his country was in favor of fully canceling the $5 billion it is owed by Khartoum. Sudan is emerging from decades of economic sanctions and isolation under oystered former President Omar al-Bashir. Sudan has cleared a final hurdle in order to access relief on external debt of at least $50 billion, according to French President Emmanuel Macron. That after member countries of the International Monetary Fund agreed to clear Sudan's arrears to the institution. The economically struggling nation is emerging from decades of sanctions and isolation under oystered former President Omar al-Bashir. It had built up huge arrears on its debt.  Inflation is at over 300 percent, and there is a shortage of basic goods. Sudan has reared by a lack of foreign currency reserves, but rapid progress has recently been made under the IMF and World Bank's highly indebted poor country scheme, or HIPC. The HIPC would reopen access to badly needed cheap international finance. In order to unlock the process, Sudan recently cleared its arrears to the World Bank and the African Development Bank, with bridge loans from Western nations. The remaining step was to clear Sudan's arrears to the IMF. At a conference in Paris, Macron said that would be facilitated through a $1.5 billion bridge loan, which would be covered by member state pledges. Today's step is a decisive step. It landmarks the real engagement of the whole international community alongside your country, because you had the courage to stand up, to conquer freedom and to start these first reforms. Macron also kickstarted a broader debt relief effort, saying his country was in favour of fully counselling the $5 billion it is owed by Sudan. Ministers such as Italy and Germany have agreed to clearing their shares of Sudan's debt. Kuwait, the country's biggest creditor at $9.8 billion, said it would support debt resolution and discussions.