"Are We Going Into A Global Economic Death Spiral?"

The global economy is facing some serious headwinds according to many financial experts.

Pointing to 40-year high inflation, rising interest rates, the European energy crisis and escalating war-worries, one of Wall Street's most respected minds, Carl Icahn, warns "the worst is yet to come."

Icahn says the U.S. economy and stock market are in trouble and compares them to the fall of the Roman Empire.

Financial guru Bill Holter agrees.

"The ability to prevent a crash no longer exists. The system has gotten too big...there's too much debt. Too many sovereign governments have bumped up against debt saturation."

Holter's advice? If we get a bounce in the market, use it to get out.

Nomi Prins is a geopolitical financial expert and investigative journalist who 'sheds light on the dark corners of the global economy.' 

According to Prins, the chaos in the global economy is due to one simple fact: money printing.

"Central bank money printing has created the biggest Ponzi scheme the world has ever seen...the Fed and other central banks have been printing money for decades. After the pandemic, the Fed created four and a half trillion dollars of money basically overnight. That's a Ponzi scheme.

"There are indications that we could have a massive crash, but to me...I think there is a treadmill spinning here that is going to keep spinning instead of completely crashing. That's why I think there is going to be a lot of mini crashes, followed by mini rallies along the way...I don't see one massive crash. I see massive turbulence."

Meanwhile, Prins believes it's the common people struggling to make ends meet that will suffer the most. Nothing new about that.

Our advice? Get out of debt and into your Bible. Then you'll be ready for what ever comes next.

A wise man once said: "We are going into a global economic death spiral...80% of the country thinks everything is fine. It's not fine." -- Ed Dowd, Wall Street money manager

"Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves others has fulfilled the law" (ROMANS 13:8).

👉👉👉"HOW TO GO TO HEAVEN!" ☝

News:

• National Debt Clock: U.S. National Debt Surpassed $31 Trillion for the first time in history; that's $93,466 for every person in America
• FNC: Biden depletes Strategic Petroleum Reserve for political purposes threatening national security
• CBS News: Biden offers stark nuclear warning amid tensions with Russia; meanwhile, U.S. buys $290 million worth of radiation drugs

 

"Donald Trump:'We're In A Big, Fat, Ugly Bubble'"

Remember all the things that used to spook the markets and scare investors into dumping stocks?

Things like political and social unrest, struggling Italian banks and increased instability in Europe--now barely have investors batting an eye. Brexit, Trump and the Italian Prime Minister step-down have all failed to rattle the markets.

Michael Block, Chief Strategist at Rhino Trading Partners, quipped Monday that "everything is a buying opportunity and you need to not miss the boat."

"Heck, all we need is a coup d' etat in India and the entire Belgian banking system to go Kablooey and the S&P 500 will be at 3,000 by Christmas Eve," he joked.

You've got to admit it is a little freaky when the markets react by pushing higher on each new political shock wave. It's just not normal.

Block is worried--and he's not the only one. Some believe what is being dubbed "The Trump Rally" may be turning into a bubble.

"Donald Trump has made the stock market great again," writes Sue Chang of Market Watch. "But that frothiness is prompting warnings that the market is getting too bubbly, setting up investors for a disappointment in coming weeks."

Even Donald Trump says we're "in a big, fat, ugly bubble" and sold all his stocks in June.

Sherlock Holmes would call that a clue.

A wise man once said: "Do not value money for any more nor any less than its worth; it is a good servant but a bad master." -- Alexandre Dumas

"Let not your heart be troubled; you believe in God, believe also in Me. In My Father's house are many mansions; if it were not so, I would have told you. I go and prepare a place for you, I will come again and receive you to Myself; that where I am, there you may be also. And where I go you know, and the way you know...I am the way, the truth, and the life. No one comes to the Father except through Me" -- John 14: 1-4, 6.

News:

• CNBC: Stocks trade at record highs after European Central Bank's decision to keep interest rates unchanged.
• Hawaii News Now: Tsunami watch issued after 7.7 magnitude quake strikes near Solomon Islands; 6.5 hits off Calif. coast Thursday.
• Fox News Channel: Trump Tower advertising Secret Service protection as amenity for tenants. 

"Is the Federal Reserve on a Kamikaze Mission?"

The wild stock market swings of recent days have left investors gasping and with good cause.

Does the age-old "Buy & Hold" mantra still apply?

Based on historical performance the answer is 'Yes'...however some see things differently:

Financial expert Bill Holter says the "ability to prevent a crash no longer exists."

"The system has gotten too big...there's too much debt. Too many sovereign governments have bumped up against debt saturation. In the U.S., we are over 100% debt to GDP."

Holter believes the credit bubble was "pricked" this week and no matter how things play out in the very short term, the September/October time-frame looks like a disaster.

"You can't fix debt with more debt--but that's what they keep trying to do," he said. "What we need is a complete reset."

Holter's advice? If we get a bounce in the market, use it to get out.

Chris Martenson, of Peak Prosperity, has these words of wisdom: "What goes up must come down--and that's especially true for the world's many poorly-constructed financial bubbles, built out of nothing more than gauzy narratives and inflated with "hopium"..August, it appears, is the new October."

"Markets are quite possibly in crash mode right now, although events are unfolding so quickly--currency spikes, equity sell-offs, emerging markets routs and dislocations and commodity declines--that it's hard to tell for sure. However, that's usually the case right before and during big market declines," say Martenson.

"Further, most of the gains in financial assets engineered by the central banks were false and destined to burst because the were based on bubble technology, not actual returns."

Jim Rickards, author of The Death of Money, explains why China was unable to keep their limited free market under control: "...markets have a mind of their own," he says. "But the 'Empire' will strike back, they have an enormous arsenal of tools they can use to try to fight the bubble."

Good to know somebody is trying to fight the bubble, because according to Rickards, the U.S. Federal Reserve is now out of ammo and on a "Kamikaze Mission."

So, should we 'buy & hold' or jump out & run? 

Your guess is as good as ours.

A wise(?) man once said: "This is a pre-crash, and we are not making it through September without the real thing." --Jim Sinclair, gold expert

"For what will it profit a man if he gains the whole world, and loses his own soul? Or what will a man give in exchange for his soul? For whoever is ashamed of Me and My words in this adulterous and sinful generation, of him the Son of Man also will be ashamed when He comes in the glory of His Father with the holy angels." Mark 8:36-38

News:

• The New York Times: Signs, Long Unheeded, Now Point to Risks in U.S. Economy; "Once you encourage an equity bubble, it will collapse--and then you're really in trouble," says financial strategist Albert Edwards of London. "This was utter madness."
• CNBC: The New York Stock Exchange invoked the little-used Rule 48 to pre-empt panic trading for three days in a row; move historic.
• The Washington Free Beacon: Iran Renews Support for Hamas and Other Anti-Israel Terrorists Groups. 

"The Coming Financial Crash: Self-fulfilling Prophecy?"

Try Googling "2015 financial crash" and you'll get page upon page predicting just that.

The problem?

If enough people believe a financial meltdown is in the cards, then a financial meltdown is much more likely to happen.

InvestorHub kicked the year off with "11 Predictions of Economic Disaster in 2015 From Top Experts All Over the Globe."

According to Profit Confidential, Stock Market Commentary & Forecasts,  billionaires are dumping stocks and a stock market crash is on the way. "Smart money" people like Warren Buffet and business magnate George Soros have already jumped ship.

"Despite the stock market's record run and Washington's assurances that the economy is getting better, some of America's wealthiest billionaires aren't convinced."

"In fact, their recent actions suggest some sort of market crash is on its way. Do they know something you don't? Not really. The data is out there for everyone to see. Unfortunately, Wall Street is too busy ignoring the warning signs."

Others, like financial writer Bill Holter of Miles Franklin, takes it a step further. In an interview on USA Watchdog.com, Holter predicts:

"We will be in martial law by this time next year. There is something wrong and there is a storm out there...

The hope is to reset the system without crashing it, but I'm not sure it can be done. There is just too much debt out standing. I think everything will be reset, and China will lead the reset."

And then there is Jonathan Cahn who warns in his best-selling book "Mystery of the Shemitah" that September 2015 marks the end of a biblical 7-year cycle. Says Cahn:

"If you are not right with God, get your life right because America is rapidly accelerating into a moral collapse and a spiritual collapse...

If you are not born again, get born again. I believe we are at the verge of collapse."

Getting "right with God" is always good advice. Getting ready for a financial collapse, en masse, could end up being a self-fulfilling prophecy.

A wise man once said: "God has called you. It's up to you to say 'Yes'. Not to decide is, in essence, to say 'No'. God sends no one to hell. People, by default, send themselves."--anonymous

"Jesus said, 'I assure you, unless you are born again, you can never see the Kingdom of God...The truth is, no one can enter the Kingdom of God without being born of water and the Spirit. Humans can reproduce only human life, but the Holy Spirit gives new life from heaven. So don't be surprised at My statement that you must be born again.'" --John 3:3, 5-7

"How to Go to Heaven" 

News:

• The Washington Post: U.S. Economic Growth Slows 0.2%, Grinding Nearly to a Halt in 1st 3 Months.
• Reuters: "Russia May Be Readying For New Ukraine Offense": NATO Commander
• Fox News Channel: 7.8 magnitude Nepal quake confirmed death toll tops 6,000.

"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. 

"Is The Mystery of the Shemitah for Real?"

Controversial author Jonathan Cahn  (The Harbinger) is jockeying with none other than Oprah Winfrey for the #1 spot on the New York Times Bestsellers list for religious titles.

His new offering? The Mystery of the Shemitah.

According to Cahn, a messianic rabbi, judgment or blessing comes to a nation in a 7-year cycle that correlates with the Hebrew calendar.

If a nation obeys God--fine and dandy--blessings follow, but for the nation that turns its back on God, ever intensifying judgment.

In a WND interview Cahn says:

"In The Mystery of the Shemitah, I show how the Shemitah has caused financial and economic collapse throughout modern times. And the phenomenon has been intensifying--with the last two Shemitahs manifesting the phenomenon with uncanny precision."

When were the last two Shemitah years?

• 2000-2001: 9/11 followed by the greatest Stock Market collapse in history to that date.
• 2007-2008: the beginning of the financial meltdown and the Great Recession.

Apparently, this 7-year cycle (also known as the Sabbatical Year) can be traced back through history.

Cahn believes God often sends a series of warnings meant to get our attention and give us an opportunity to repent before the ultimate judgment comes.

So when is the next Shemitah year? It began with a bang on September 25th with a 260+ point decline in the Stock Market and wild swings ever since. It ends on September 13, 2015.

Cahn says we can expect more 'market mayhem' over the next 12 months.

But wait...there's more...

The troubles brought on by the Shemitah are not limited to the financial realm. September 25th also saw the first case of Ebola diagnosed on American soil.

Coincidence or ominous foreshadow of what we can expect throughout this current Shemitah year?

While intrigued, we don't advise jumping on the Shemitah bandwagon just yet. The jury is still out and even Cahn himself makes no claim to knowing the future.

Whether the mystery of the Shemitah is for real or not, current world trends should definitely get our attention. With massive debt, radical Islam and rampant sin hanging over our heads, genuine, sincere repentance seems like an excellent idea.

Shemitah's First 2 Weeks...

"If we confess our sins, He is faithful and just to forgive us our sins, and to cleanse us from all unrighteousness." 1John 1:9I

A wise man once said: "Those who claim to be saved but continually disobey God are only fooling themselves." --David Stoop, Christian author

News:

• Associated Press: World Health Organization predicts 10,000 new Ebola cases per week in West Africa while Liberia orders 79,940 body bags.
• CNN: Top general worries Ebola will go airborne; General Martin E. Dempsey, current Chairman of the Joint Chiefs of Staff, says military should be prepared.
• FNC: ISIS poised to take Baghdad.