Financial Armageddon
Verse of the Day
Proverbs 23:5 Wilt thou set thine eyes upon that which is not? for riches certainly make themselves wings; they fly away as an eagle toward heaven.
Commentary
I am focusing on the economy in this posting because all the signs are there of a massive economic meltdown this Fall. The pressure right now is coming from both Europe and China. The main media and economic advisers will never tell you this. You have to find it on your own from secondary sources, but the facts are there for all to see.
From history, we now have many recessions and depressions to study to see what triggered these events. Once again the triggers are all in place and at the right time the Lord will pull the trigger. As I said many times. I believe that the great meltdown will coincide with the world bullying Israel or America promoting the homosexual agenda. It sure does look like September-October is the time for the meltdown to start.
I posted several articles that give you the big picture of what is happening world-wide. God always warns His people before judgment.
The Economic And Financial Problems In Europe Are Only Just Beginning… 07/27/15 This is a look at Europe and how it is ready to melt down. Europe is ripe for judgment for the way these nations bully Israel to divide the land and Jerusalem.
“Right now, the financial world is focused on the breathtaking stock market crash in China, but don’t forget to keep an eye on what is happening in Europe. Collectively, the European Union has a larger population than the United States, a larger economy than either the U.S. or China, and the banking system in Europe is the biggest on the planet by far. So what happens in Europe really matters, and at this point the European economy is absolutely primed for a meltdown. European debt levels have never been higher, European banks are absolutely loaded with non-performing loans and high-risk derivatives, and the unemployment rate in the eurozone is currently more than double the unemployment rate in the United States.
In all the euphoria surrounding the “deal” that temporarily kept Greece in the eurozone, I think that people have forgotten that the economic and financial fundamentals in Europe have continued to deteriorate. Whether Greece ultimately leaves the eurozone or not, a great financial crisis is inevitably coming to Europe. It is just a matter of time.”
I believe that you have a very short time to prepare for what is coming. Please seek the Lord about how to physically prepare for this. You need to have everything in place by mid-September at the latest. It is like an economic earthquake just happened and huge tsuamini waves are heading our way.
Matthew 6:20 But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal: (21) For where your treasure is, there will your heart be also.
Financial Armageddon
Chinese Stocks Suffer Second Biggest Crash In History, 1,500 Companies Halted Limit Down 07/27/15 The Chinese stock market is continuing its meltdown.
I cannot say for sure that the US stock market is going to melt down this Fall, but ALL the signs are pointing to it, as the world collapse will bring down America. The main media will never tell you this as it never has in all the past crashes.
You have a very brief window to prepare for what is coming. God always warns His people before judgment but is your “radio” turned on and tuned in to listen to His voice?
“After pledging, investing and otherwise guaranteeing the Chinese stock market to the tune of 10% of GDP, and intervening on at least 40 different occasions in the past month ever since China’s stock bubble burst in late June, with the subsequent crash nearly taking the Shanghai Composite red for the year, overnight China officially lost control for the second time, when after a weak start to the Monday trading session, things turned very ugly in the last hour, when the Shanghai Composite plunged by 8.48%, closing nearly at the lows, and tumbling some 345 points for its biggest one-day drop since February 2007 and its second biggest crash in history!”
Shock Report: China Dumps Half a Trillion Dollars: “Something Is Very, Very Wrong 07/24/15 The main media will never report things like this, so I have to dig it out. It shows that huge economic events are converging this September-October. I believe there is going to be a serious economic meltdown this Fall.
You have a very narrow window of time to prepare for what is coming. Please act now and do not be blindsided like 98% of the people will be. You must be completely ready by the end of the first week of September. God always warns His people before events like this, but are His people listening?
“But a shocking report from Zero Hedge suggests otherwise. According to one of the world’s leading financial web sites, major banking institutions like JP Morgan Chase and Goldman Sachs have been left speechless after the release of new data coming out of China. The news isn’t necessarily that China just reported a massive increase in its gold holdings of some 600 tons, but rather, that they have actively dumped hundreds of billions of dollars worth of U.S. Treasuries over the last 15 months, with some $224 billion having been offloaded in just the last 90 days.”
Commodities Collapsed Just Before The Last Stock Market Crash – So Guess What Is Happening Right Now?” 07/24/15 This is a great study on the world economy that you can understand. America is ripe for judgment because of the national sin and legalizing “homosexual marriage.” It really does look like this Sept-Oct is going to see awesome judgment.
Please focus on the Lord and get your spiritual life right and in order focusing on the coming of the Lord Jesus. This also means being a witness for Him. I would also seek the Lord about finances and what to do. Please do not put this off, as you now have a very narrow window to move as the Lord leads to protect yourself. We see it coming, while the world will be blindsided, so move on this now.
“If we were going to see a stock market crash in the United States in the fall of 2015 (to use a hypothetical example), we would expect to see commodity prices begin to crash a few months ahead of time. This is precisely what happened just before the great financial crisis of 2008, and we are watching the exact same thing happen again right now. On Wednesday, commodities got absolutely pummeled, and at this point the Bloomberg Commodity Index is down a whopping 26 percent over the past twelve months. When global economic activity slows down, demand for raw materials sinks and prices drop. So important global commodities such as copper, iron ore, aluminum, zinc, nickel, lead, tin and lumber are all considered to be key “leading indicators” that can tell us a lot about where things are heading next. And what they are telling us right now is that we are rapidly approaching a global economic meltdown.”
Proverbs 27:12 A prudent man foreseeth the evil, and hideth himself; but the simple pass on, and are punished.
The Most Dangerous Bubble In History And Why The Central Banks Are Now In A Panic 07/26/15 This article gives you solid information about the bond market and how it is a bubble about to burst.
“The bottom line is that the bond market is the most dangerous bubble in history precisely because every asset class derives its value from the cost of money. Therefore, even though stocks and real estate aren’t in a classic bubble they have still become vastly overvalued due to the frantic search for yield over the course of seven years. When, not if, this classic bond bubble bursts central banks will be the only buyers left in the market. And this bid from central bankers will have to be massive, protracted and unprecedented in nature. The resulting market chaos should be vastly more baneful than the Great Recession of 2008.”
Revelation 22:20 He which testifieth these things saith, Surely I come quickly. Amen. Even so, come, Lord Jesus.
As members of the working-class poor, we have no investments to lose. I have prayed about this a lot, and I believe God will make a way where there seems to be no way. I think of the elderly existing only on Social Security or a small retirement–mostly direct deposit these days–and I feel very deeply that God will protect god-fearing people who worked hard all their lives. This will be a great test to see if we rely on the things of this world or God. Matthew 6:25-34 says not to worry. The Lord knows what we need. People will have to come together to help each other. It’s even kind of comforting to know that I have no choice but to trust in Him. Que sera, sera, you know?
I know some people are “prepping,” but I’ve only set aside a few canned goods and a little water, because I recently read another commentary, on Luke 12:18, the parable about the Rich Fool, that said we are not to hoard things, thinking only of ourselves, but to continue giving to the poor. To paraphrase, “Don’t tear down storehouses to build bigger ones for you life will be required of you this night. “(Even if we do hoard, people can come and take it from us.) Even if I had money to take out of the bank, who’s to say it wouldn’t be worthless in a short time?
The rich young man asked Jesus what he had to do to follow Him. Jesus said to sell everything he had and give it to the poor. The man went away very sad, b/c he couldn’t let go of his earthly things.When the disciples went out, two by two, the Lord told them to take nothing with them. God would provide. Spreading the Gospel was and is the most important thing for Christians to do. Perhaps I’m naive, but when we were told to cast our cares on Him, that included everything, even our finances. Those left behind will have to take to Mark of the Beast to buy or sell, but Mark 8:36 says, For what shall it profit a man, if he shall gain the whole world, and lose his own soul?
I hope this helps others living paycheck-to-paycheck. I know a lot of people who are worried, but my spirit keeps telling me, “Trust God.”
Why do Christians balk at preparing?
God warns us what is coming so many of us get this thought that we do not have to prepare!
This amazes me. If you think it is not needed then so be it, but I can’t understand why you would not.
Preparing for coming danger is not hoarding.
Did not Jesus tell the believers to flee from Jerusalem when the saw the armies coming!
Did not Joseph prepare the people for the drought that was coming?
Commentary on the Rich Fool from Jack Kelly’s gracethrufaith.com
http://www.raptureready.com/featured/kelley/jack376.html
As a federal employee (I know, gasp the horror) I was recently forced to sit through 3 training classes under the guise of sexual assault prevention. The last class was very disturbing. The class focused on gender “norms” and basically told us we need to rid ourselves of any gender stereotypes. This video more or less was along the lines of the class. Not sure if this post applies to the context of the articles posted about an economic collapse other than the homosexual agenda may be bringing the Lord’s wrath very soon.
https://m.youtube.com/watch?v=5mF3ihYfYcw
I believe in preparing. I’m new to it but plan to spend a portion of our grocery budget weekly. I don’t know who I might bless with my storage. I am also planning based on my family of 7, my own parents, and my mother in law. I don’t know what happen, but I feel like being prepared, just in case, so that we aren’t out searching for food for our children, is a wise idea. I understand feeling convicted about a certain topic, but I feel there are scriptures that support planning ahead as well.
Brother John, thank you for the update on the global financial situation. Four years ago I began keeping a journal of developing events in these last days. I had my two sons in mind as I started this because they are not “connecting the dots”, so to speak, and I love them so much and I want them to believe in and trust Yeshua. That our God has foretold these days we are living in and we are in the season of Messiah’s return. The other day I was skimming through the pages and things are exponentially worse right now than it has ever been. In some way, we’ll all be affected by what is happening. For me, I need to maintain a close relationship with Elohim, and to the best of my ability make decisions that will help protect my family in the eventuality of a number of scenarios, one of which is hyperinflation. Everyone should do as they feel led. As always, I’m very appreciative for this website & all the work that you do, Brother John. Thank you.
God bless you.
I never said not to prepare, just not to be selfish, help each other, and continue to give, especially to ministries sharing the Gospel. I am not refusing to prepare. I was making the point that some people CAN’T prepare. I did put aside what I was able and will add to it as I can, but I’m not going to agonize over it. Not much I can do about it. I have it good compared to many. (I know a disabled person who lives on only $399/mo. No tv, no phone, nothing extra, nothing to cut back on.)
I was not arguing with your warning but trying to give struggling people hope. I’m not advocating that everyone just wing it. I also said that things you store up could be taken from you and money could become worthless, so trust in God the most. That was what I got from the parable. I wasn’t calling everyone hoarders.
This is an excellent idea to store my for those that can’t and be able to help them.
God bless you.
: “Hope for the best, prepare for the worst”. I like this phrase, and I think it is wise.
Honestly, my wife and I do a little of both. We have some food reserves set aside in case of trouble. But we are also trusting God to see us through whatever hardship comes our way, even if that means we must suddenly vacate our home with only the clothes on our backs, thus leaving our food supply behind. Denise brought up some great quotes and is right when she says that God provides for his own (even supernaturally from heaven if the situation is dire enough-remember the manna dropping from heaven in the Bible to feed the Israelites?) God knows our needs and I believe he will provide for all of us diffferently, some by having us prepare and store provisions, others by supernatural care. Whatever, the Lord tells you individually to do is fine, because not every believer will fit into the same mold. Listen for his voice, he’ll tell us what to do.
I honestly don’t know what to do. If you keep gold, silver or other precious metals, as I understand it the central banks suppress the value of gold or silver, so that one is constantly losing money on their investments at least lately. If one keeps stocks we know what happens in a bubble from 2000 and 2008. Not fun. I guess Cash is probably safe, but with an 18 trillion dollar deficit who knows what could happen. Could our dollars become like Zimbabwe dollars i.e. worthless? But the nations of the world are constantly debasing their currencies to push-up our currency, so maybe not? Buying survival food one gets a terrible return on investment, so it is almost a loss, but if the need arises one will be glad to have it.
Does anyone recommend investing in Israeli money i.e. shekels or the Israeli stock market for survival? The reasoning being since God is with Israel and is now judging the gentile nations and also because Blessing the Jews you will be blessed then investing in Israel you’ll be safe. The US is clearly being judged with an 18 trillion dollar deficit. Europe, Japan and China seem either the same or worse.
David…..if things do get as bad as the prophets are saying, I personally think a roll of toilet paper will be worth more than a bar of gold. We all need to ask the Lord what He wants each of us to do…then act on it. He will take care of the rest.
Brother John…we respect your discernment and we have taken your advise to be prepared by September. We have prepared and our hearts are at peace. Thank you and we will continue to pray for you and your ministry.
Thanks and God bless you.
Do as the Lord leads you in what is coming.
We have time not to be caught off guard.
Thanks and God bless you.