ECONOMIC COLLAPSE PROPHESIED AND INEVITABLE

The following report from a respected Investment Research and Consulting company confirms the precarious state of the worlds economies. Governments with unprecedented debt are incapable of solving their countries mounting problems. Youth unemployment in many countries is at a level where societal collapse and even anarchy is possible.

A world that has largely turned away from God, and blindly accepted evolution and a history of billions of years for the cosmos, is oblivious to the truth revealed in God’s Word, about where we are in His timeline for the planet.

All of this is prophesied in God’s Word, Sadly, we are also told that much of the church largely compromises with the world and its values. However, as the world gets darker and lawlessness increases, God reveals to us that at the same time the harvest is ripe, all that is needed is workers to go out into the fields.

What is God calling you to do in these last days? Are you in a church that recognises the times and is taking seriously Jesus command to go into all the world with the Good News? If not then pray. Jesus made it possible for our Heavenly Father to send the Holy Spirit to be your counsellor, teacher and comforter. He will guide your steps if your submit to His sovereignty.

Sep. 21, 2019 – Baltimore, MD – Outsider Club and Angel Publishing Investment Research
Recent up-and-down drastic volatility is a signal the big move is nearing. Currencies in Venezuela and Turkey have collapsed. Germany is selling negative 30-year bonds. And while the dollar is strong for now… this is only the opening salvo in a total economic war that the U.S. is destined to lose…A war that will see China and Russia dumping U.S. debt… bypassing the U.S. dollar… and igniting a monetary hurricane that could usher in the total collapse of America’s fiat regime. It’ll be worse than 2008 — a financial 9/11.This nightmare scenario is imminent and inevitable. As we speak, a chain reaction is taking place in the markets.And when these events come to a head within the next few months, we’ll witness the final unravelling of these historically overpriced markets.The greenback will collapse…Gold will spike to between $3,000 and $5,000 per ounce… Specific mining stocks could climb to 4,237%…It could be the defining moment of the 21st century. We’ve recorded an urgent emergency briefing on the coming crisis.

Stories like this one will be commonplace. Thomas Cook declared bankruptcy last Monday. The firm runs hotels, resorts, airlines and cruises for 19 million people a year in 16 countries. It currently has 600,000 people abroad, forcing governments and insurance companies to co-ordinate a huge rescue operation.

Whitehall sources admitted that a rescue operation was likely to be complex and drawn out, with around 150,000 Britons on Thomas Cook holidays at about 60 destinations overseas. It could cost the taxpayer £600 million.

THE MARK OF THE BEAST IS NOT TOO FAR OFF

The biggest asset bubble in history and booms always bust.

U.S Household Net Worth As A Percent of GDP - 11-07-19

In expectation of the next bust, there was this warning from the ‘central bank of central banks’…

Bank for International Settlements (BIS) chief Agustin Carstens has urged top central banks to preserve their ammunition for more serious economic downturns rather than deplete it chasing higher growth.

How much interest rate ammo does the IMF think the average central banker should have in reserve?

Severe recessions have historically required 3–6 percentage points cut in policy rates.

And as if we didn’t already know, the IMF tells us…

If another crisis happens, few countries would have that kind of room for monetary policy to respond.

Without the three–six percentage point buffer, how do our central banker bandits get out of this pickle?

Back in February 2019, the IMF released a paper titled…

Cashing In: How to Make Negative Interest Rates Work

The obvious problem with negative rates is that no one wants to be charged to deposit their funds with a bank…it goes against everything we’ve grown up with.

Better to take out the cash out and keep it under the mattress or in a safe-deposit box.

The banks are well aware that customers have this option…and have used this option.

This has been the experience in Europe. In their efforts to discourage customers from withdrawing cash, banks have been caught in a real bind.

The banks have elected to not pass on the negative rates to customer accounts…instead, they’re absorbing the costs. Not good for the bottom line. Hence, we can expect to see more Deutsche Bank scenarios; “European banking giant axes 18,000 jobs” BBC News,  10th July 2019.

The system has become so dependent on debt and central bank intervention that it’s incapable of functioning on its own.

The dire economic and social consequences of a collapsing system will force policy makers to act…do something, do anything.

And that something and anything, is most likely going to be deeply negative rates and the monetising of government deficits.

Modern Monetary Theory is nothing more than printing money to finance government deficits…allowing governments to go on an unlimited spend-a-thon.

Of course, we’ll be told this officially counterfeited money will be spent responsibly. The chaos we see unfolding in our time is exactly what God has told us in His Word will happen in the “end times”. Jesus said, “See, I have told you beforehand.” Matthew 24:25

Much of this post was taken from the article; “A Glimpse into the Future… It’s nor pretty” 10th July, 2019 by Vern Gowdie editor of The Rum Rebellion.

CHURCH – PREPARE FOR ECONOMIC CRASH

Further to my previous post which looked at who owns global assets, this post looks at the appetite for investment and the fact it is heading into panic territory.

The Global Risk Appetite Index compares the performance of 64 global assets to judge how willing or unwilling investors are to take additional risk. The index last entered panic territory in October of 2015, when global recession seemed a threat as China’s capital markets threatened to meltdown.

This time around, the issues are manifold: trade disputes, the Italian budget, Fed tightening and emerging market turbulence all “contend to be the main driver of this risk appetite slump”, the Credit Suisse analysts write.

Some big investors are taking action. Check out this chart:

It shows that some very big guns are starting to cut exposure to stocks.

According to the AFR this week, the behemoth that is Australian Super just cut back on local and international equities. Could this be the start of the giant, global ‘risk-off/sell off

Church are you preparing for what’s coming? It will be church as described in the Book of Acts that will be a blessing.

“Now when the multitude of those who believed were of one heart and one soul, neither did anyone say that any of the things he possessed was his own, but they had all things in common. And with great power the apostles gave witness to the resurrection of the Lord Jesus. And grace was upon them all. Nor was there anyone among them who lacked; for all who were possessors of lands, of houses sold them and brought the proceeds of the things that were sold, and laid them at the apostles feet; and they distributed to each as anyone had need.” Acts 4: 32-34