EMINENT INVESTMENT ANALYST FORECASTS AMERICA’S DEMISE

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A decade after his most controversial prediction, The End of America, where he warned of the cultural and economic decay that’s plaguing America. Porter Stansberry (Stansberry Research – Investment Advisory Service) just released the shocking finale to his original documentary, and his decade-long investigation points to one inescapable conclusion: From the growing number of riots and protests to the banking collapses and loss of America’s AAA credit rating, to ever-increasing government authoritarianism…  

He says this story is far bigger, far more important, and far more urgent than perhaps anything he has ever done. 

He warns America has now reached the financial precipice… and that what’s coming next will trigger a new national crisis that will reshape our entire country for decades to come.  

Unless you take action immediately, Porter says you could risk being wiped out financially in the chaos ahead. Yet nobody is warning you of what’s coming or showing you how to protect yourself, your family, and your finances. That’s why, after months of work, he has released an incredible new documentary film that explores everything in exacting detail. – The event that will trigger a new national crisis. 

– How this looming, unstoppable event will reshape everything about the American economy, culture, and financial system. 

The exact moves Porter is personally making – and urging his friends and family to follow too – in order to safeguard their savings, investments, and way of life. Plus much, much more. Right now, for a limited time only, you can watch his new documentary at no cost. 

Just click here and it’ll start streaming.

Sadly, Porter makes no mention of God and the Biblical prophecies that forecast what we see happening in the world today: godlessness and lawlessness would precede Jesus’ return to defeat the Antichrist and the world’s armies at the battle of Armageddon. At this time Jesus judges the nations and sets up His Millennial Kingdom.

“Also I saw the souls of those who had been beheaded for the testimony of Jesus and for the word of God, and those who had not worshiped the beast or its image and had not received its mark on their foreheads or their hands. They came to life and reigned with Christ for a thousand years. The rest of the dead did not come to life until the thousand years were ended. This is the first resurrection. Blessed and holy is the one who shares in the first resurrection! Over such the second death has no power, but they will be priests of God and of Christ, and they will reign with him for a thousand years.” Revelation 20:4-6

END TIMES EVENTS LEADING TO A ONE-WORLD GOVERNMENT

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A number of strange events are starting to play out all across the U.S.A
1. 50% of employers expect to lay workers off in the coming weeks…
2. 20 million American households are behind on their utility bills…
3. $13.5 trillion in American wealth has evaporated, as stocks and real estate prices have fallen…
4. To make matters worse, food prices continue to rise — with even vegetables up over 80% in the past year.
Together, all of this is likely setting up what one research firm believes will result in a “gold storm”
Stansberry Research is one of the most highly-respected research firms in the world… providing cutting-edge market research to over a million readers. And they just released a brand-new warning for what they believe will happen to gold in 2023…
According to these experts:
“The evidence is everywhere. But most folks aren’t paying attention. We are in the early stages of a gold mania – the calm before the storm.” And yet, even the most prepared Americans – including many retirees – could be blindsided by what’s about to happen. This is why they’ve posted their full, brand-new warning to the public on their website right here.
These events are also the reason why Bitcoin and some of the other crypto coins are increasing significantly. Rightly so, with governments printing money recklessly why should people believe money will retain its value.
This might be a timely warning for you to look at other options than cash. Christians need to be wise and make good choices as well. There are websites where you can get helpful information from Christians such as http://www.biblemoneymatters.com, http://www.gracefinancialadvisors.com, and http://www.smartasset.com, and http://www.iccc.net (International Christian Chamber of Commerce)
Whilst investopedia.com is not a Christian-based website it does offer some helpful advice on faith-based investing.

WHAT A LEADING U.S.A. FINANCIAL ANALYST IS SAYING ABOUT THE FUTURE

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The following economic information on the US is taken from an article by Simon Black, Founder of Sovereign Man. His recommendations are radical – it makes sense to consider having another place to go for you and your family to be safe.

The US national debt is now $33.6 trillion… and it has increased more than HALF A TRILLION DOLLARS just so far this MONTH. Astonishing. And it’s a pretty safe bet that the US government will continue its wild spending spree.

In the last fiscal year which just ended a few weeks ago, a whopping 83% of US tax revenue was spent JUST on Social Security/Medicare, the military, and interest on the national debt. And spending on those three programs is probably not going down.

Does anyone honestly think that a majority of politicians in Congress will slash defense spending at a time like this? Or eliminate Social Security? Or default on the national debt? Those three spending items can’t really be cut. In all likelihood, they will INCREASE. Given all the conflict in the world, US defense spending will probably grow. Social Security spending is already scheduled to increase according to the program’s own published forecasts.

And, considering how quickly the national debt is rising– coupled with higher interest rates– annual interest payments will skyrocket. This means that spending on Social Security, military, and interest, will likely increase from 83% of tax revenue to ONE HUNDRED PERCENT of tax revenue, over the next several years.

America will have to go into debt to fund everything else in the federal government, from Veteran’s Benefits to Homeland Security. But don’t take my word for it. Even the Congressional Budget Office (CBO), which is a government agency of the United States Congress, agrees.

The CBO’s most recent 10-year forecast shows that mandatory entitlement spending (like Social Security) plus annual interest payments on the national debt, will EXCEED all US federal tax revenue by 2031. And that doesn’t even include defense spending! This reality is only SEVEN YEARS AWAY.

Yet if that train wreck wasn’t enough, remember that Social Security’s key trust fund will also run out of money two years later in 2033, according to the program’s most recent annual report. And bailing out Social Security will cost trillions of dollars just to get started.

So, just to be clear, the government’s own projections show that they will reach the fiscal point of no return in just seven years… and then require a multi-trillion dollar bailout of Social Security two years later. Yet as grim as that timeline may be, these government forecasts also naively assume that there will be no major war, pandemic, or national emergency in the meantime. So in reality the doomsday may be much closer.

I’m not being dramatic or sensational. Again, I’m literally citing US government forecasts. Millions of unsuspecting people will have their lives turned upside down from the negative consequences.

Social Security is in serious trouble; 50+ million people are at risk of having their benefits slashed by 2033. There’s also a very high likelihood that the Federal Reserve will start cutting interest rates and printing money again in order to bail out the federal government… thus creating a LOT more inflation.

Taxes will almost certainly rise. Crime could definitely increase, especially petty theft and robbery. Business conditions could be a lot more difficult; it will be harder to raise capital, harder to borrow, and harder to sell, causing a number of companies to either fail or never be started in the first place.

If crime rates spike and civil disturbances become more frequent, it makes sense to consider having another place to go for you and your family to be safe. That might be somewhere overseas in a country where you enjoy visiting and your kids could pick up foreign language proficiency. It might even be a place where you could one day become eligible to apply for a second passport, creating a lifetime of benefit and flexibility for your entire family.

Also, if the value of the US dollar is going to decline… and the rest of the world seems likely to find a replacement as the dominant reserve currency… it makes sense to find alternative assets that can hold their value over time.

I have already written posts about how the elite: the World Economic Forum and the United Nations are planning to resolve this catastrophic scenario with The Great Reset and the Pact for the Future.

The United Nations Is Planning to make a Covenant with the Many in September 2024. Will this begin the Biblical prophesied last seven years and tribulation? The U.N. calls it the “Pact for the Future“. These proposals cover and I quote:  “A New Agenda for Peace that would reinvigorate our collective security framework; a global financial system that works for all; economic metrics that go beyond GDP [gross domestic product] to underpin policy decisions; a compact that would harness the benefits and manage the risks of digital technologies and artificial intelligence; a voluntary code of conduct on information integrity online; new protocols to manage global shocks more effectively; stronger cooperation in outer space; a transformation of education systems; the meaningful inclusion of young people in global decision‑making processes; ways to safeguard the future and uphold the rights of future generations; and a UN 2.0, better equipped to support Member States through the use of data, digital tools, innovation, foresight, and behavioral science. I commend the progress that has already been made on many of the mandated Our Common Agenda recommendations, through the debates convened last year by the President of the General Assembly; the establishment of the UN Youth Office; the five transformative measures for gender equality; the new vision for the rule of law; the Global Accelerator on jobs and social protection; and plans for the proposed open Biennial Summit among members of the G20 [Group of 20], ECOSOC [Economic and Social Council], leaders of international financial institutions and myself as Secretary-General of the United Nations.

The Pact for the Future will be your contract with each other and with your people.  It represents your pledge to use all the tools at your disposal at the global level to solve problems before those problems overwhelm us.  The challenges we face are universal. They require universal solutions and cannot be solved through small groupings of states or coalitions of the willing. The United Nations is the only forum where this can happen.  It will also be important to welcome the contributions of civil society, academia, the private sector, and other important stakeholders.

Former Congresswoman Michele Bachmann has told CBN News she fears all the world’s nations are about to submit too much sovereignty to a United Nations organization.

The former congresswoman points out that the Bible warns that a world-dominating power will bring trouble. “When you look at what the Bible says and the convergence of events that we are seeing across the world right now, and what the prophets from the Bible have said, we need to really pay attention to what’s going on. Because this is the creation of a platform for global government.  And according to the Bible, things that are not good come out of a global government.”

Michelle is correct, what we see happening is fulfilling Biblical end-times prophesies. It is the first move toward a one-world government and the Antichrist spoken of by Daniel.

Before the Antichrist arrives on the scene, the Bible speaks of a battle between Iran and Turkey, the winner being Turkey and for a short period of time the re-establishment of a revived Ottoman Empire. It is then broken up into four possibly by United Nations forces.

“Then the goat (revived Ottoman Empire) became exceedingly great, but when he was strong, the great horn was broken, and instead of it there came up four conspicuous horns toward the four winds of heaven.
Out of one of them came a little horn (Antichrist), which grew exceedingly great toward the south, toward the east, and toward the glorious land.” Daniel 8:8-9

The Antichrist arises out of one of these four kingdoms.

All the evidence indicates we are fast approaching the last seven years prior to Jesus’ return so how should we live?

Jesus made it possible for our Heavenly Father to send the Holy Spirit to enable us to live the Christian life. He is our Counsellor, Teacher, and Comforter. He produces the fruit of the Spirit in our lives (all 9, Galatians 5:22-24) and provides the gifts of the Spirit (all 9, 1 Corinthians 12:4-11) for ministry so God has provided all we need. All we need to do is to say each minute of every day, not my will but Your will be done in me today. Then God will use you mightily for His purposes.

ANOTHER PROPHESIED END-TIMES SIGN – ECONOMIC COLLAPSE

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America’s Banks Are Still Teetering on the Edge

Abstract from an article by Briton Hill, co-founder of Weber Global Management.

The U.S. survived the largest banking crisis in its history earlier this year… So far, at least.

It might seem like a distant memory. But in the first half of 2023, the failures of Silicon Valley Bank, Signature Bank, and First Republic Bank wiped out nearly $550 billion.

When Silicon Valley Bank and Signature Bank collapsed over a three-day period in March, ripples of fear shot through the economy. Anxious depositors lined up outside nearly every financial institution. And they pulled hundreds of billions of dollars out of U.S. banks.

The panic initially hit regional banks the hardest. Some of these banks’ stocks fell almost 50% in a single day. It didn’t take long for the crisis to spread throughout the financial services industry. Even some of the country’s largest institutions fell victim to the panic… For example, Charles Schwab’s (SCHW) depositors and investors didn’t need to worry about bankruptcy. And yet, the panic caused the company’s stock to plunge more than 30% in a matter of days. The entire U.S. financial system teetered on the brink of collapse.

So on March 12 – a Sunday, by the way – the Federal Reserve stepped in. The central bank said it would “assure banks have the ability to meet the needs of all their depositors.” In other words, it guaranteed all depositors’ funds in the failing banks. Crisis averted. At least for the time being.

The unrealized losses on investment securities for U.S. banks in 2022 and 2023 make the financial crisis look like child’s play…

Bank of America (BAC) is the second-largest bank in the country. It holds $760 billion in U.S. Treasury securities. But recently, it was sitting on an unrealized loss of $110 billion.

That’s more than the entire financial system at any point during 2008 or 2009.

If U.S. consumers catch wind of how big this problem is, it could ignite another bank run…

We’re talking about hundreds of billions of dollars in unrealized losses. These losses are keeping banks’ balance sheets underwater. As a result, many banks’ “reserve ratios” are off. (The reserve ratio is the portion of cash that a bank needs to hold, rather than lend out or invest. It’s how the system makes sure the bank has enough cash on hand to meet customer withdrawals.)

In other words, the banks can’t lend. America’s banks are paralyzed. They’re still teetering on the edge of collapse today.

But just because the banks can’t lend doesn’t mean cash needs to completely disappear… This situation has created a vacuum. People and businesses still need cash. And they’re willing to pay premium rates. But banks can’t help because of their terrible balance sheets. As a result, a long-forgotten sector has been reborn over the past few years… Private credit.

Nonbank lenders are filling the void. They’re gobbling up billions of dollars in market share every day…

The size of the private-credit market totalled around $875 billion in 2020. These days, it’s around $1.5 trillion. That’s a roughly 70% increase in just three years. In fact, insurance companies are essentially becoming the “new banks” in the market. They’re making a fortune doing it. This helps corporations and investors but what about the average worker depending upon his bank for finance?”

The chasm between the rich and poor is only going to get larger and is one of the reasons Jesus must return to restore righteousness. Prior to God destroying this Earth by fire, it has another 1,000 years with Jesus ruling and reigning with the glorified Saints. The nation God established for His purposes, Israel, will finally fulfill its destiny but only with Jesus ruling from a new Jerusalem.

“From His (Jesus) mouth comes a sharp sword with which to strike down the nations, and he will rule them with a rod of iron. He will tread the winepress of the fury of the wrath of God the Almighty. On his robe and on his thigh he has a name written, King of kings and Lord of lords.” Revelation 19:15-16

Then we will have had 6,000 years of unregenerate man ruling the world under the influence of Satan and his demons followed by 1,000 years with Jesus and the Saints ruling the nations with a rod of iron. At 7,000 years this Earth’s history is complete.

“Then comes the end, when he (Jesus) delivers the kingdom to God the Father after destroying every rule and every authority and power. For he must reign until he has put all his enemies under his feet. The last enemy to be destroyed is death.” 1 Corinthians 15:24-26

Then comes the second resurrection of the dead followed by the White Throne judgement and only then does John see a new Jerusalem descending from a new Heaven onto a new Earth where only the righteous dwell.

“Then I saw a new heaven and a new earth, for the first heaven and the first earth had passed away, and the sea was no more. And I saw the holy city, new Jerusalem, coming down out of heaven from God, prepared as a bride adorned for her husband. And I heard a loud voice from the throne saying, “Behold, the dwelling place of God is with man. He will dwell with them, and they will be his people, and God himself will be with them as their God. He will wipe away every tear from their eyes, and death shall be no more, neither shall there be mourning, nor crying, nor pain anymore, for the former things have passed away.” Revelation 21:1-4

IS IT ANY WONDER AMERICA IS IN SERIOUS ECONOMIC TROUBLE?

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An explosive new analysis published by the Committee to Unleash Prosperity reveals that Democrat President Joe Biden’s administration has very few business-oriented officials in the administration and that the vast majority of people handling economic policy for the United States government under Biden have no business experience whatsoever.

The 15-page report is authored by economist Steve Moore and the executive director of the Committee to Unleash Prosperity.

Starting with both President Biden and Vice President Kamala Harris. Both of them have zero years of business experience. Attorney General Merrick Garland has zero years of business experience. Secretary of Agriculture Tom Vilsack has zero years of experience. Treasury Secretary Janet Yellen, Secretary of Veterans Affairs Denis McDonough, Secretary of Homeland Security Alejandro Mayorkas, Secretary of Labor Marty Walsh, Secretary of Health and Human Services Xavier Becerra, Secretary of Housing and Urban Development Marcia Fudge, Ambassador for Climate Change John Kerry, Office of Management and Budget director Shalanda Young, Secretary of Education Miguel Cardona, U.S. Trade Representative Katherine Tai, and many, many more have zero years of business experience.

Is it any wonder then that in less than two years the US has gone from a respected world superpower to a failing banana republic?  The supply chain, which has efficiently operated for 200 years, is purposely being dismantled, inflation is 9%, the price of gas has doubled, they have gone from an oil export nation to an oil-dependent nation, military leadership has gone woke, and along with the president and vice-president, are no longer respected.  The US Stock market had the worst six-month performance since 1872, and after two consecutive quarters of a sinking economy (which is the definition of a Recession), US market analysts, economists, and even the media are voicing concerns.  The Biden Administration’s answer to the problem is to redefine the definition of recession and raise federal income taxes on its citizens. 

As the world rejects God, His Word, and His values, as prophesied, lawlessness and chaos will escalate leading to a one-world government and the Antichrist. Already we are seeing the World Economic Forum and the U.N. agreeing on The Great Financial Reset. It is only a matter of time before we have a cashless society that will lead to the Mark of the Beast (Antichrist) when no one will be able to buy or sell without having the mark (microchip in the hand or forehead).

THE THIRD SEAL OF REVELATION INDICATES A WORLD FOOD SHORTAGE

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Are we watching the governments and global billionaires intentionally trying to crash the economy? Are supply shortages, not enough workers, and hyper-inflation we see now going to cause the economic collapse seen in the 3rd Seal of Revelation?

THIRD SEAL FAMINE AND SCARCITIES

A QUART OF WHEAT FOR A DAYS WAGES & THREE QUARTS OF BARLEY FOR A DAYS WAGES

Are we headed toward that biblical event? What is causing these effects like the worker shortage and what can a Christian do about them right now to PREPARE for the Third Seal? Watch this episode of Last Days Breaking News with Nelson Walters to find out.

“When he opened the third seal, I heard the third living creature say, “Come!” And I looked, and behold, a black horse! And its rider had a pair of scales in his hand. And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!” Revelation 6:5-6

WHAT TO DO NEXT AFTER COVID

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In the video below Fulton Sheen believes the world and global economy have been forever altered by Covid-19.  Fear, lack of forethought and inaccurate statistics caused people, governments and businesses to overreact and make short sighted decisions with long-term consequences.  How will we move forward when the basic framework for predicting what will happen next, no longer exists?  Close on the heels of Covid and literally overnight, anarchy broke out and all of a sudden American citizens were declared to be racists and our police officers villains. All these things are sure signs that all things are being shaken.  Matthew 24, Luke 21 & Mark 13, all foretold of these events and warned us to be watchful, ready and prepared, we are also encouraged to be men and women who understand the times and know what to do.  The goal of this message is to define what happened, discuss where we are at the moment and what happens next.
(You can download a PDF with more of Fulton’s thoughts under the video)

q-2-the-post-covid-19-financial-world

FINANCIAL RESET INEVITABLE

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How many of you read my post “Covid 19 Coupled with a Major Debt Crisis – What’s Next?” dated June 15th 2020? I thought this to be one of my most important posts for 2020. If you have not read it, can I suggest that you do.

In that post some of the best qualified economic/political pundits gave their views on the likely outcome of Covid 19 coupled with the existing debt crisis of most countries. Debt levels are so great that even with interest rates barely above zero, countries cannot pay down the debt. It also means their currencies are next to worthless.

A FINANCIAL RESET IS INEVITABLE WAS THEIR CONCLUSION

In Australia debt is rising fast. No government can stop the inevitable financial crash.

As you would expect, the combination of failing revenue and runaway spending has resulted in a boost to government debt with total government liabilities at $1.3 trillion by the end of May – $300 billion higher than expected.

Net debt has hit a record $463.7 billion compared to $373.6 billion in the previous financial year, virtually destroying the Morrison Government’s stated aim of clearing all government debt by the end of the decade.

The Finance Department numbers are sobering but few are arguing that the Federal Government has been spending too much – indeed much of the economic commentary is urging them to ramp up spending now that interest rates have effectively reached their lower limit and the economy still needs stimulus.

The key to how the Federal Government will react to such calls will be announced by Treasurer Frydenberg in an economic update in late July, with the 2020-21 budget now due to be released in early October.

This is all part of God’s end times scenario. If your trust is in governments, yourself, or anything other than God then it is misplaced. Only He can give you true peace, the peace that comes from realising that He is in control, He has revealed the truth about the world and us in His Word (BIBLE) and we know the end of the story. Jesus will return first to rapture His church and then to rule and reign 1000 years from Jerusalem.

“For the Lord himself will descend from heaven with a cry of command, with the voice of an archangel, and with the sound of the trumpet of God. And the dead in Christ will rise first. Then we who are alive, who are left, will be caught up together with them in the clouds to meet the Lord in the air, and so we will always be with the Lord.” 1 Thessalonians 4:16-17
“when the Lord Jesus is revealed from heaven with his mighty angels in flaming fire, inflicting vengeance on those who do not know God and on those who do not obey the gospel of our Lord Jesus… when he comes on that day to be glorified in his saints, and to be marvelled at among all who have believed, because our testimony to you was believed.” 2 Thessalonians 1:7-10

STOCK MARKET MADNESS

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Chart of the Large-cap US Technology Companies. Why is it up 36% in the last two months?

qqq

Christian DeHaemer is the founder of Bull and Bust Report and an editor at Energy and Capital. Christian says he has no idea. As he explains, rational thoughts no longer apply. There was a time when creating money out of thin air was bad, much less creating $6 trillion or 25% of GDP.  

There was a time when 30 million unemployed was bad. One might think a new cold war with your largest trading partner, China, might be bad for stocks. Not to mention, a hundred thousand new dead bodies packing the morgues. But no, it appears that these things are good for stocks. Our thinking has been all wrong. It seems we need more broken stuff and more money printing. Forgive all the student debt. Bailout the universities. Give $2,000 a month to all the folks. A trillion for the airlines –– billions for Ford, Hudson, and Studebaker –– more for Carnival Cruise Lines and Blackrock. Bailout Chicago, Detroit, and West Cucamonga. Heck, all those municipal employees are good hard-working people. People like money and the Fed can just print it! Let’s give the people what they want. It will be fine… 

Christian is right rational thought no longer applies and commonsense tells you the outcome can’t be good. More government control is certain and no longer is the prophesied end times, “Mark of the Beast” fanciful.

HUGE PROPHESIED END TIMES SIGN

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Is this how capitalism dies? Through decrees from what once were the ivory towers of capitalism, no less?

The Fed is now up to $6 trillion of liquidity, or free money in the sense that it is taking over the role of large banks at 0% interest.

Go global and we’re approaching $20 trillion of central bank pledges and action.

None of the questions that tempered the start of QE are being raised. There is virtually no one talking about moral hazard. What does it mean for our society that government is pushing so far into what was — and may never be again — the private sector? No one will bother answering.

There is no one standing in the way of the largest transfer of wealth in history. The firewalls built into the system are being torn down, and the free markets are dying with barely a whimper.

Even Deutsche Bank, undoubtedly a major beneficiary, seems concerned about where this is going. George Saravelos, global head of Deutsche Bank’s foreign exchange research, just wrote in a report entitled “The end of the free market: impact on currencies and beyond” that:

“In a matter of weeks, policymakers have become a backstop for private-sector credit markets. At the extreme, central banks could become permanent command economy agents administering equity and credit prices, aggressively subduing financial shocks. It would be a bi-polar world of financial repression with high real economy volatility but very low financial volatility. A ‘zombie’ market‘.”

The Fed’s most recent announcement — $2.3 trillion in greatly expanded funding — goes as far as dipping into the junk bond market through buying up ETF shares.

A free market this is not. There is no version of capitalism that can divorce risk from profits. There is no version of this that forces society to shoulder the burden while a select few capture the profits.

Never before have we seen such centralised control. For the first time ever, can we see the world being set up for the prophesied Man of Sin (Antichrist) who speaks PEACE and PROSPERITY as long as you take his mark and give him control. Church do you realise where we are in Biblical history. When Jesus told us in the the Olivet Discourse, how it will end before His second coming, He specifically ended with, “SEE, I HAVE TOLD YOU BEFOREHAND” (Matthew 24:25). He told us beforehand so we would not be caught out and be taken in by this man of PEACE.