"2015 Financial Predictions"

International Business Times ran a headline Wednesday asking, "Why Economists Fear 'Nightmare' Deflation From Cheaper Oil."

Apparently in 2015 deflation is the new inflation (just as pink is the new black).

In his January Investment Outlook, financial legend Bill Gross of Janus Capital warns investors of "minus signs" at the end of 2015. "The good times are over," he predicts.

"Timing the end of an asset bull market is nearly always an impossible task, and that is one reason why most market observers don't do it," Gross writes.

"Nevertheless, there comes a time when common sense must recognize that the king has no clothes."

Financial analyst Rick Ackerman agrees that the "good times" are indeed over.

"My perspective is that of a deflationist, and it's been easy for me to see. Even though we have inflation in certain things...the much bigger picture is deflationary."

Ackerman, in an interview on USA Watchdog last week said, "We are definitely in a house of cards situation, and I haven't seen anything as obvious or logical as the energy price collapse as far as what might produce that black swan."

Wild volatility and stock market swings (up one day, down the next) should give us a clue say the experts: Call it a night, the party's over.

For most of us, sliding prices are a dream come true.

Au contraire mon fraire. "Deflation is a nightmare and is difficult to cure," warns Peter Cardillo, chief market economist at Rockwell Global Capital.

Last year, "the experts" were all about inflation--next year, who knows? Only God can (and does!) predict the future.

The Bible hints at a major economic restructuring. We know it's coming, but we don't know when. Are the current economic gyrations (that began 7 years ago) part of this economic paradigm shift? We'll just have to wait and see.

 To learn more..."Does the Bible Predict a Global Economic Collapse? Part 1 Part 2

The bottom line? Don't worry about tomorrow, for tomorrow will bring its own worries. Today's trouble is enough for today." (Matthew 6:34).

A wise man once said: "We live in a financial fantasy land, and they need to continue the fantasy to prevent collapse."  -- Bill Holter, financial writer

"But seek first the kingdom of God and His righteousness, and all else will be given to you besides."  (Matthew 6:33).

News:

• The Washington Free Beacon: Iran Activates 'Real Iron Dome' Missile Defense System while mass-producing its own fighter jets, combat drones.
• Bloomberg News: Iran-Backed Militias Get US Weapons In Spite of 'Gross Human-Rights' Violations
• CNBC: S&P 500 Erases Loss For Year as Stocks Rally For 2nd Day Following 5-Day Sell Off.