Bank Run
Texas Could Be The Epicenter Of The Next Subprime Auto Crisis
The Birth Pains Are Growing Stronger…. “Unless God has raised you up for this very thing, you will be worn out by the opposition of man and devils”… My name is Steve Meyers and I need to share a vision and warning that the Lord showed me back in April 2007…. Many of you will…
Read More
The Beginning of the End: Great Recession 2.0 is Obscured but Here!
The Great Recession never ended. I say that because the deep economic flaws that caused it was never corrected. All recovery efforts since merely clouded our eyes to the problems growing larger around us, even making them worse, and now we are going back into the belly of the Great Recession. The recovery was all…
Read More
Financial Storm Clouds Gather
Greed and a desire for riches are traps that bring ruin and destruction. “The love of money is a root of all kinds of evil,” and Christians are warned, “Do not put your trust in wealth” (see 1 Timothy 6:9-10, 17-18). Covetousness, or having an excessive or greedy desire for more, is idolatry. Ephesians 5:5 says, “For of this…
Read More
These Are The Banks Where The Fed’s $1.4 Trillion In Reserves Are Parked, Big Trouble-Birth Pains
Over the past few days there has been much confusion over the repocalpyse that shook the overnight funding market, and just as much confusion over the definition of reserves which some banks were unwilling to part with, other banks were desperate for, and in the end both Powell and the former head of the NY Fed’s markets…
Read More
One of the Largest “Too Big to Fail” Banks in America Boldly Declares That “the Wheels for a Slowdown Are in Motion”
I do not place any faith, trust, or hope in politicians to fix what is wrong with the world. “Come Lord Jesus!” (Revelation 22:20) Now even one of the biggest banks in the entire country is openly admitting that a “slowdown” is upon us. Over the past week or so, the mainstream media has been filled…
Read More
Markets Are Subject to a Giant Con Game, the Game of Confidence
If the Christian wants to know God’s will, he turns to the Bible. If the Christian wants to discern right from wrong, he turns to the Bible…. Heading into a global recession first and then a US recession to follow. Consider the macro context here: Nine major economies are either in a recession or on the…
Read More
Deutsche Falls To New Record Low Showing ‘Lehman Shock’ Contagion Risk
Are we living in the end times? No one knows when Jesus will return, but the rapture could occur at any moment. God will deal with sin either by grace or by wrath. John 3:36 says, “Whoever believes in the Son has eternal life, but whoever rejects the Son will not see life, for God’s wrath remains…
Read More
Nomura: Yesterday Was A Complete Rout, Raising Odds Of September “Lehman Shock”
When a society ignores the law, lawlessness is the result, and chaos ensues. The time of the judges after Joshua’s death was marked by upheaval, oppression, and general disorder. The biblical historian puts his finger on the reason for the tumult: “In those days Israel had no king; everyone did as they saw fit” (Judges…
Read More
Hong Kong Activist Leader Calls For A Run On Chinese Banks Tomorrow
To be lawless is to be contrary to the law or to act without regard to the law. Laws are necessary in a sinful world (1 Timothy 1:9), and those who choose to act lawlessly further sin in the world. The word for “lawlessness” in the Bible is often translated “iniquity.” According to the Bible,…
Read More
The Effects of a Falling US Dollar on the Economy of the United States Birth Pains
The Tribulation is a future time period when the Lord will accomplish at least two aspects of His plan: 1) He will complete His discipline of the nation Israel (Daniel 9:24), and 2) He will judge the unbelieving, godless inhabitants of the earth (Revelation 6 – 18). The length of the Tribulation is seven years.…
Read More