Well, Vern Gowdie of Port Phillip Publishing thinks so. Port Philip Publishing was established in 2005 as the Australian outpost of US publisher, Agora Inc. Agora was founded over 25 years ago by best-selling author and entrepreneur Bill Bonner, and is one of the world’s most successful publishers of financial, health and travel newsletters.
Vern’s book THE END of AUSTRALIA is currently available FREE from Port Philip Publishing to subscribers of one of their Financial Services.
Vern firmly believes Australia is headed for the greatest collapse since The Great Depression.
Remarkably the exact week that THE END OF AUSTRALIA was released the great market reversal predicted in the book began. And it has continued just as Vern predicted with the selling led by the banks.
Not even the new Prime Minister could stop the fall. The ASX 200 index closed another 78 points, or 1.5% down. The average Australian share portfolio is now 16% lower than it was just five months ago.
Vern says that is just the beginning. “Far, far greater losses are to follow for investors who fail to take evasive action now.” He says, it won’t happen in a straight line as the Central Banks will do their utmost to stop it. The financial industry will deny it to the end. American stocks are rallying as I write this post and Australian stocks may follow tomorrow but the crash is inevitable says Vern and I agree with him.
As Christians we understand that almost everything is being shaken and at risk – the economic, environmental and social fabric of society is deteriorating. God has called us to be part of the solution for this time! We need to be like the men of Issachar who understood the times and seek God’s YES for our personal and working life.
People march in Sydney in protest over Israeli attacks on Gaza. Picture Toby Zerna Also a couple of hundred men marched past the Lakemba Hotel in Sydney, Australia a week ago chanting their support for Gaza and with it a threat. Here is what they shouted while waving black flags of Jihad Palestine is Muslim land
The solution is Jihad …
You can never stop Islam From Australia to al Sham (Syria)
One umma (Muslim community) hand in hand From Lakemba to Gaza
One call “khalifa” (Caliphate) – (read my previous post)
Andrew Bolt of the Herald Sun tells it as it is : That chant is a wake-up for a political class now too cowed or craven to judge between the civilized and the primitive. Our cultural and political institutions have also surrendered our values, or made them seem no better than some we’ve imported so recklessly. Just last week, the N.S.W. Community Relations Commission chairman, Vic Alhadeff, a Jew, had to resign for simply noting Palestinian terrorists were firing rockets at Israeli civilians, and Israel would naturally “do whatever is needed to defend its citizens”. Yes, supporting a Western democracy against an Islamist terrorist tyranny now makes you unfit to foster proper community relations. WAKE UP PEOPLE SUPPORT POLITICIANS THAT SEE THE THREAT AND ACT.
The proposed changes to section 18c of the Racial Discrimination Act put forward by Senator Brandis would have helped people speak out against this threat, sadly the government gave in to the minority voices again.
Peter Costello and wife Tanya (former Treasurer in John Howard, Federal Government of Australia).
In his twenty years in politics Peter Costello never gave a speech like the one entitled “Money is bewitching and beguiling” that he gave at a Men’s Convention with the conference theme “Men at Work” last Friday night.
His keynote address explored money, fame and power. About money, he warned of its failure to ultimately satisfy. “Rather than make you happy, it makes you envious, we never have quite enough,” he said.
Costello defined the rich as “people with more money than me” and revealed that even billionaires compare themselves with each other. He humorously recounted a dinner meeting with the late billionaire Kerry Packer. The Australian dollar had just fallen dramatically and Packer was lamenting how much money he had lost. Packer reportedly said, “do you know how much this has cost me? Don’t think I am rich , I ‘m not a Bill Gates.”
Costello emphasized how temporary are our achievements and reputations and urged those present to look to the one who will ultimately judge all mankind.
Costello closed with the key theme of the 2004 Federal Election campaign “Who do you trust?” Political figures will not save you, he said. “Political figures won’t save your marriage or give purpose for living. Politicians can’t solve personal problems. Christians need to look to God and faith in Christ. Put not your trust in Princes.”
Costello then quoted from PSALM 146 “Happy is he whose hope is in the Lord his God. He remains faithful forever.”