Economic Downturn Warning
- Thread starter Abdicate
- Start date
I reopened (after cleaning it up) this thread to bring some new news... with the collapse of the EURO because they just started printing money (as of last week) their value is collapsing. This is what is supposed to happen to the U.S. Dollar because the Feds have been printing money for several years, but it hasn't because of the Petro-dollar (oil is bought and sold in U.S. Dollars).
Below is a very telling chart... notice the lineup with the Shmitas (2001, 2007, 2015) interesting the grey is the "recessions".
Below is another one... for durable goods orders... Look at this chart and compare with the one above and you'll see how the 2008 recession was twice that of the 2001 (because of 9/11). Without an event, we're already worse today (Mar 2015) than the bottom of the 2001 recession. So when the next judgment comes on - get this - 9/11/2015, will it be double that of the "great recession" of 2008?
Look at the debt table below... As the debts of a nation go up, the shmita judgements grow stronger.
Date - Dollar Amount
09/30/2014 - 17,824,071,380,733.82
09/30/2013 - 16,738,183,526,697.32
09/30/2012 - 16,066,241,407,385.89
09/30/2011 - 14,790,340,328,557.15
09/30/2010 - 13,561,623,030,891.79
09/30/2009 - 11,909,829,003,511.75
09/30/2008 - 10,024,724,896,912.49
09/30/2007 - 9,007,653,372,262.48
09/30/2006 - 8,506,973,899,215.23
09/30/2005 - 7,932,709,661,723.50
09/30/2004 - 7,379,052,696,330.32
09/30/2003 - 6,783,231,062,743.62
09/30/2002 - 6,228,235,965,597.16
09/30/2001 - 5,807,463,412,200.06
09/30/2000 - 5,674,178,209,886.86
Pasted from <http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm>
Here is an interesting parody... think of Gen 12:3 when you read it...
http://www.israeltoday.co.il/NewsItem/tabid/178/nid/26152/Default.aspx
Below is a very telling chart... notice the lineup with the Shmitas (2001, 2007, 2015) interesting the grey is the "recessions".
Below is another one... for durable goods orders... Look at this chart and compare with the one above and you'll see how the 2008 recession was twice that of the 2001 (because of 9/11). Without an event, we're already worse today (Mar 2015) than the bottom of the 2001 recession. So when the next judgment comes on - get this - 9/11/2015, will it be double that of the "great recession" of 2008?
Look at the debt table below... As the debts of a nation go up, the shmita judgements grow stronger.
Date - Dollar Amount
09/30/2014 - 17,824,071,380,733.82
09/30/2013 - 16,738,183,526,697.32
09/30/2012 - 16,066,241,407,385.89
09/30/2011 - 14,790,340,328,557.15
09/30/2010 - 13,561,623,030,891.79
09/30/2009 - 11,909,829,003,511.75
09/30/2008 - 10,024,724,896,912.49
09/30/2007 - 9,007,653,372,262.48
09/30/2006 - 8,506,973,899,215.23
09/30/2005 - 7,932,709,661,723.50
09/30/2004 - 7,379,052,696,330.32
09/30/2003 - 6,783,231,062,743.62
09/30/2002 - 6,228,235,965,597.16
09/30/2001 - 5,807,463,412,200.06
09/30/2000 - 5,674,178,209,886.86
Pasted from <http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm>
Here is an interesting parody... think of Gen 12:3 when you read it...
http://www.israeltoday.co.il/NewsItem/tabid/178/nid/26152/Default.aspx
Man, that is scary.I reopened (after cleaning it up) this thread to bring some new news... with the collapse of the EURO because they just started printing money (as of last week) their value is collapsing. This is what is supposed to happen to the U.S. Dollar because the Feds have been printing money for several years, but it hasn't because of the Petro-dollar (oil is bought and sold in U.S. Dollars).
Below is a very telling chart... notice the lineup with the Shmitas (2001, 2007, 2015) interesting the grey is the "recessions".
Below is another one... for durable goods orders... Look at this chart and compare with the one above and you'll see how the 2008 recession was twice that of the 2001 (because of 9/11). Without an event, we're already worse today (Mar 2015) than the bottom of the 2001 recession. So when the next judgment comes on - get this - 9/11/2015, will it be double that of the "great recession" of 2008?
Look at the debt table below... As the debts of a nation go up, the shmita judgements grow stronger.
Date - Dollar Amount
09/30/2014 - 17,824,071,380,733.82
09/30/2013 - 16,738,183,526,697.32
09/30/2012 - 16,066,241,407,385.89
09/30/2011 - 14,790,340,328,557.15
09/30/2010 - 13,561,623,030,891.79
09/30/2009 - 11,909,829,003,511.75
09/30/2008 - 10,024,724,896,912.49
09/30/2007 - 9,007,653,372,262.48
09/30/2006 - 8,506,973,899,215.23
09/30/2005 - 7,932,709,661,723.50
09/30/2004 - 7,379,052,696,330.32
09/30/2003 - 6,783,231,062,743.62
09/30/2002 - 6,228,235,965,597.16
09/30/2001 - 5,807,463,412,200.06
09/30/2000 - 5,674,178,209,886.86
Pasted from <http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm>
Here is an interesting parody... think of Gen 12:3 when you read it...
http://www.israeltoday.co.il/NewsItem/tabid/178/nid/26152/Default.aspx
What is your opinion of the Swiss un-pegging two months ago? Is that a possible precursor?
https://mises.org/library/post-mortem-swiss-franc’s-euro-peg
Is it possible that countries like Greece and Germany may abandon the Euro-ship or inadvertently sink it overnight?
http://fortune.com/2015/02/19/germany-greece-euro-zone/
If so I predict a short term surge for the dollar, yet it will manifest to increasing inflationary tactics.
@Great Fiction Indeed! Hedge funds lost millions when the Swiss depegged from the Euro. Greece's activities caused the credit system to lower the credit rating of Austria. In the 1970's MAD (Mutually Assured Destruction) was created with the Soviets - meaning, no one would survive a nuclear war. It worked. The principle was applied to economics - if one nation decides to "nuke" another economically they in turn would suffer. In principle this should have worked, but it doesn't take into account the wanton greed of men. We are witnessing the greed "nuking" themselves. This past Monday, in order to deal with debt in a foolish manner, the EU decided to follow the U.S.'s example of just printing money. The result, crash of the Euro. Economists are now saying that the Euro could fall as far as 85 cents/$1 USD. What that means is if you have one Euro, it would only be worth $0.85. As of last night, the Euro is worth $1.05. Just 8 months ago it was worth $1.30. The Swiss didn't want to have any part of this and decoupled from the Euro to maintain its own economy. Short term pain for long term gain. What this means for the U.S.... our goods will become more expensive to the Europeans, so the demand will go down, hurting our already weak economy. But that's not all... just last night S. Korean cut interest rates to 1.75% (America has been near 0% for years) which adds S. Korean to the list of 23 other countries trying to ease their economy by making their currency better - aka currency war by 24 countries (MAD). In 2010 Canada, after 60 years at 1.0%, did this (when I lived there) and I had to spend $1.10 for one of their dollars. Today you can get one Canadian dollar for only $0.79!
In your video they guy talks about the Tai Bot... well, just last night they also dropped their interest rates to 1.75%! In fact it's so bad in Europe many are now using negative interest rates! That means they pay the consumer to use their bank to take loans! That'll only bankrupt the bank! All for the love of money and they don't care how much they affect others.
In your video they guy talks about the Tai Bot... well, just last night they also dropped their interest rates to 1.75%! In fact it's so bad in Europe many are now using negative interest rates! That means they pay the consumer to use their bank to take loans! That'll only bankrupt the bank! All for the love of money and they don't care how much they affect others.
Interesting thread. I read this in the news the other day and thought it relates:
"I think out of three million Jews that are living in Europe at least one million, a very active part or young part, self-sufficient part are going to leave and it will be a disaster, an economic disaster for Europe in general because first of all some supporters, non-Jewish supporters will come with Jews. It's a lot of cash and money currents are going to leave Europe and also businesses,"
"I think out of three million Jews that are living in Europe at least one million, a very active part or young part, self-sufficient part are going to leave and it will be a disaster, an economic disaster for Europe in general because first of all some supporters, non-Jewish supporters will come with Jews. It's a lot of cash and money currents are going to leave Europe and also businesses,"
Yep!
Genesis 12:3 (KJV)
And I will bless them that bless thee, and curse him that curseth thee: and in thee shall all families of the earth be blessed.
I don't know if it should bother us, but these are good reminders to be alert and ready.
"But keep on the alert at all times, praying that you may have strength to escape all these things that are about to take place, and to stand before the Son of Man."
Very interesting and timely thread. I'm unsure what was cleaned up (?) having only read the thread today. I've never been very good with money. I tried, all my life, to ensure that I would always have enough - only to have that all ripped away from me in 2001. I became very poor and had medical problems to boot. And yet, I am debt free today. God told me He would provide for me and I have to trust that - even tho sometimes it has been difficult not to worry. Abdicate can correct me but I think that the "shmita" (sp?) or Jubilee ends on 9/28/15. Just a thought but this is also harvest time and if all true Christians - the church - is caught away - this will guarentee an economic collapse which will be irrevocable. I just saw a live streaming of a prophecy conference where Paul Macguire spoke on the economy. It was a mind boggling hour and as I can't show this to you, I encourage you to look on youtube for this guy. Here is one video I found:
I fully agree with you. I have enough on my plate than to care about all this. It's the main reason why I don't get into Bible prophecy as I already have too much on my plate than to care about the minute details of prophecy. Jesus is coming back and when I do not know, but He will be back and that is all I need to know.
I agree with your assertion regarding MAD in the economic context. The Great Depression is a real-world example to demonstrate that “compulsory connected monetary policy” causes a "world problem.” Vesting in compulsory monetary policy abroad also binds a country to the fallacy (eventually they cant get out).
If mal-investment in the thirties was like an analogous glass marble, then would today's mal-investment be represented analogously by a beach ball, small house or a gymnasium as a size comparison? Is it even measurable?
ok but this been happening for ages all the time the economy has these cycles, what goes up must come down.
I don't think it has much bearing on our faith...although heard some false teaching about that like 'transfer of money to the kingdom' that's getting people all excited. Just mammon playing games and that's boring.
I don't think it has much bearing on our faith...although heard some false teaching about that like 'transfer of money to the kingdom' that's getting people all excited. Just mammon playing games and that's boring.
To your credit it shouldn’t bother us (worry us), yet I would argue it does "concern us"
your thoughts?
You might be considered a proponent of the "Christ pan-theory" - It will pan-out in the end with Christ in control.
I like the sound of that and agree with its premise.
To believe/think about it that way keeps me sane.
I'm not worried about this at all. I believe the word of God and He's always taken great care of me. When this beachball explodes, it will wipe out everything.
I am wondering if we should get our RSP's out now.