Special Attention: Economy
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 have not posted much about the US economy for a long time. I watch it all the time, but held back because economics is so hard to predict what is going to happen.
It appears that the time is very near for the US economy to melt down. The forces are now in play that cannot be reversed. The massive debt has a “life of its own”.
What is happening is the 10 year bond rate is steadily climbing with no end in sight. This is the death knell to the US and world economy. High interest rates will destroy this economy which is based on low rates. The high rates will make it impossible for the various levels of government to repay their debt. The nation will look like Detroit! It will set off a chain reaction into a complete meltdown.
My best guess is that when rates hit 3.5 – 4.0 percent this will start the chain reaction. Right now, the rate is at 2.87 percent and climbing.
We are to trust in the Lord Jesus and not this corrupt dying system. It is a “walking dead man”, and at God’s timing He will “stick a pin” in this economic balloon and bring it down in judgment.
Philippians 4:19 But my God shall supply all your need according to his riches in glory by Christ Jesus.
Run to God in faith as this is closing very fast.
May the Holy God of Israel bless and protect you.
1John 2:17 And the world passeth away, and the lust thereof: but he that doeth the will of God abideth for ever.
Economic Armageddon
We are now on the verge of a Historic Meltdown and Collapse 08/20/13 This is a fantastic article about the current state of the economy. I believe that this author is RIGHT ON, and he has issued a warning of what is about to overtake America. The American economic delusion is coming to an end. The Holy God of Israel is about to stick a pin in this delusion and blow it apart. Notice how the economy is melting down matches the advance of the homosexual delusion and interfering with God’s prophetic plan for Israel! It is all coming together at the same time.
I believe that we will be able to connect the blowing apart and melt down of the economy with the homosexual agenda and/or touching Israel. The connection will be so clear that it will be evident to all. The reason I believe this is, I have documented in my book As America Has Done to Israel and in other writings that ALL the massive stock market crashes since 1987 where tied directly to national sin.
This reality is going to shatter the American delusion. It will be a dose of reality to those living in fantasy and under delusions.
“Rising interest rates are a killer in an over-levered economy, and that’s exactly what we’ve been seeing in the United States.This surge in interest rates may have already seriously destabilized the entire financial system, and that’s why there is this meeting taking place in the White House today.
The fact is that the vast majority of derivatives in the global financial system are related to interest rates. Now, the entire financial system may be on the precipice of some sort of catastrophic event unfolding because of what we have already seen in the bond market, and how the derivatives are so heavily intertwined. Meaning, we may be on the verge of another disastrous derivatives meltdown.”
The article went to say:
“When I look at what is unfolding right now in Europe, markets are clearly unsettled over there. I also see the German Finance Minister has come out and said that Greece is going to need a third bailout. So the idea that anything is getting better in Europe is preposterous.
So, when watching currencies, the only thing I am interested in is the price of gold and silver, which is real money. Gold and silver are putting in a better performance, although they are still being restrained. The fact is that they are building a super-base, and that’s what the central planners should really be afraid of, the U.S. dollar collapsing against gold and silver.I said it last week and I will say it again, we will now see historic and catastrophic wealth destruction.
It’s going to be something to behold, and investors who want to survive this financial holocaust had better be properly positioned.”
Dow Sinks for Sixth Day as Traders Ponder Fed Exit 08/21/13 The stock market reached its all time high on August 2. Let us keep this in mind as we watch the economic meltdown of the US and world economy. The market is heading into deep trouble as we head towards September/October which are traditionally when the massive meltdowns occurred. It appears the US economy is now primed to blow with Kerry and Obama bullying Israel over Jerusalem or some major advance of the homosexual agenda.
I really do believe that God is going to time this so there is NO doubt of the connection. Maybe this will win many souls to the Lord Jesus.
We Are Heading Toward A Frightening Fall/Winter Economic Collapse 08/19/13 This article is loaded with great information. If you want to understand the big economic picture, I suggest that you spend time reading the links in this article. Remember, the key to interest rates is the 10 year bonds. The interest on these bonds is rapidly rising, which is the trigger for economic meltdown.
“It’s all about rates this largely newsless morning, which have continued their march wider all night, and moments ago rose to 2.873% – a fresh 2 year wide and meaning that neither Gross, nor the bond market, is nowhere near tweeted out. As DB confirms, US treasuries are front and center of mind at the moment…. the 10yr UST yield is up another 4bp at a fresh two year high of 2.87% in Tokyo trading, adding to last week’s 20bp selloff.
As it currently stands, 10yr yields are up by more than 120bp from the YTD lows in early May and more than 80bp higher since Bernanke’s now infamous JEC testimony. We should also note that the recent US rates selloff has been accompanied by a rapid steepening in the rate curve.”
Revelation 22:20 He which testifieth these things saith, Surely I come quickly. Amen. Even so, come, Lord Jesus.
WE ARE IN A VERY TENSE FINANCIAL SITUATION.I believe this will be a planned economic crash but I also think this will also be the Lord’s judgement on this nation due to sin.The meltdown could very well be this fall.This country is too far in debt to recover and beyond the point of no return.Preparations should be made but we must grow closer to our Lord Jesus Christ.
At this point in time, would it be better to pay down debt or save as much money as possible? I try to stock up on food but if anyone can offer advice, I would be so grateful to hear all suggestions!
My hubby and I have talked about the “treasury indicator” for weeks. You are spot on that is the number to watch. The Fed now owns over $2 trillion of US bonds! (For perspective…1 Billion seconds ago, Christ walked the earth. One Trillion seconds ago, King David walked the earth!). Bernanke has stated they will stop purchasing the $85 billion monthly bonds in Sept. (AKA QE3…printing money) Just announcing it a few weeks ago set the market downward. Those rates Must go up bc according to some, the banks are sitting on to much money making a better/safer return off not lending money. Applied for a loan lately? Exactly. I agree with you, James, it has been set up. However…The Kingdom to which I belong is NOT in a recession! My Father owns the cattle on a thousand hills!
Here’s another article I ran across this morning complementing your already posted articles. You might want to sit…just sayin’
http://theeconomiccollapseblog.com/archives/33-shocking-facts-which-show-how-the-u-s-economy-has-tanked-since-obama-became-president
Did you see Soros hedged $1.25 billion against the S & P? It should be posted by the end of this month. With his history of destroying currencies, he would be a good “indicator” as well…the scoundrel.
I had a thought today about Obama, I have long believed (and am quite sure) he is a homosexual. When I read Brother John’s posting yesterday about Americans being sent a strong delusion, and the acceptance now by the majority of Americans of homosexuality, it is becoming a badge of honor to be a homosexual these days. I don’t think it will be long before Obama “comes out of the closet” with his homosexuality and America will laude him as a hero for being homosexual. I just had a strong sense of this today, and what judgement that would bring on this nation. This blog has really been a light in this darkness.
I’m coming down with a really bad case of “face-palmitis.”
You just can’t “go” anywhere these days:),
http://cnsnews.com/news/article/top-lgbt-friendly-colleges-offer-gender-free-bathrooms-queer-studies-minor
Jenny – sharpen your pencil. A MILLION seconds ago was about 12 days ago. A BILLION seconds ago is twelve THOUSAND days ago, about 32 years ago.
For Biblical financial perspective, read “The Eye of the Needle” by Roger Hertzler. We will NOT survive this crash, if by “survive” we mean any form of financial “security” or stability. Having a water-tight stateroom on the Titanic really isn’t much of a solution.
P.S. And a trillion seconds ago would be 32 thousand years ago, or 30 thousand years before Christ.
I’m not an expert on the economy..which is why you should listen to me…What do I say?…Trust Jesus…moment by moment.Everything is so fluid,and subject to change,[except the truth].This world is set up to fail.It was guaranteed at the fall.Before Christ comes for His own,it will get rough.Money is only worth something when it is in transit.When it stops moving,it is just numbers on a screen.We as a society have lost the meaning of sweat equity,and now want money to make money.Hard work and saving…It’s a lost art,and many theives work hard at taking your hard earned wealth.What to do??Invest in the coming Kingdom,Christ will show you how,just ask Him,Danw
Lori
For a couple of years we’ve been stocking up on items that have a long shelf life. At first my husband was not on board saying we could end up with items that would go bad. I reminded him that we pay out a lot of money in insurance every year hoping we never have to use it. Plus if the item gets close to the end of its shelf life there are plenty of food pantries around.
Just buy things that your family will eat. Beans and rice are good items to have and cheap. God had Joseph store up grain are we any different.
God bless
Steve..
Am I the “POST-er” child for public education or what? LOL!!
Homeschool, People, homeschool!!
Cynthia, It wouldn’t surprise me in the least! Yes I bet he would be received very well with his followers.
When I put your pamphlets in the car the heat caused them to stick together. Is it possible to change the type of ink? I will try to protect them more. Thank you for the great information. Are you aware of Alex Jones in Texas? http://www.infowars.com, http://www.prisonplanet.tv. Do you know about Dr. Stan Montieth in California? http://www.radioliberty.com?
Victoria
I have been on Dr. Stan’s show many times.
Is there something brewing for October John? (Economic Armageddon as you say)
https://www.youtube.com/watch?feature=player_embedded&v=mJmHY_iWsmA
https://www.youtube.com/watch?v=QQf6BUhtI9A
I could really hit this Fall as the economy could melt down over interest rates.
I will watch this closely.
Saturday, August 17, 2013
FEMA Preparing For The Worst In Region 3- Why? Video….
http://wwwwakeupamericans-spree.blogspot.com.au/2013/08/fema-preparing-for-worst-in-region-3.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+blogspot/rnoHn+(Wake+up+America)#.UhfZqcsayK0
Cross posted to Before it’s News
Well this is pretty creepy. According to a notice sent by Senator Sheldon R. Songstad, Ret. of South Dakota State and published, with a video, which will be shown below, titled “Emergency Fema Region 3 Alert!!!,” the government obviously believes something big is coming.
Region three includes, DC, DE, MD, PA, VA, WV.
The preparations listed include; Nine-week training course for UN Peacekeepers in CONUS to learn Urban Warfare, English, and US weapons systems beginning 4th week of July for 386,000 troops to be completed by October 1st;
$11 million in antibiotics to be delivered to FEMA region III by October 1st ordered by CDC;
FEMA purchase orders for over $14.2 million for MREs and heater meals to be delivered to Region III by October 1st;
FEMA purchase orders for 22 million pouches of emergency water to be delivered to region III by October 1st;
FEMA purchase orders for $13.6 million for MREs and heater meals to be delivered to Austin by October 1st;
2800 MRAPs must be delivered to DHS by October 1st.
Come Lord Jesus. Now we have obumcare police.
http://freedomoutpost.com/2013/08/obamas-hhs-now-hiring-for-the-obamacare-police/#ixzz2ckaEv3ep
Rampant Persecution of Christians
BRUCE THORNTON
“We are today living through the largest persecution of Christians in history”
Bruce Thornton, of Stanford’s Hoover Institution, wrote on the institute Web site.
“Estimates of the numbers of Christians under assault range from 100 [million] to 200 million.
According to one estimate, a Christian is martyred every five minutes”
Aren’t the “church” people supposed to be saved from this?
Or does GOD consider only the Western World worthy of ‘rapture’?”
Thoughts….No one’s raptured from worldly tribulation obviously. It is clear in His word. The western worlds more difficult time is coming soon. Perhaps a time of testing!
Looking for the blessed hope! He will come when He will come, just got to keep on believing, obeying and trusting till he does, NO MATTER WHAT!
This is my teaching on the Blessed Hope. I think the teaching will be a blessing to you: http://www.defendproclaimthefaith.org/the_coming_of_the_lord_jesus_his_church.html
Your focus on the Rapture is off.
The Rapture is about the Groom coming for His bride.
With that focus, I think you will see things differently.
God bless you.
Thanks. Yes, read it.
Quoted from BRUCE THORNTON.
Yes, I understand he is coming for His bride. What I meant was we still don’t escape from the trials and troubles of life.
Thanks to those of you for your helpful advice!! Lord bless you everyone!