Banking Crash
Bank Run: Deutsche Bank Clients Are Pulling $1 Billion A Day, Birth Pains
A bank run occurs when a large number of people withdraw their money from a bank because they believe the bank may cease to function in the near future. Paul, too, described the Tribulation as birth pains. First Thessalonians 5:3 says, “While people are saying, ‘Peace and safety,’ destruction will come on them suddenly, as labor pains…
Banks rip off foreign payments customers over and over
It’s always good to remember the Lord’s purpose for what He makes. Whether it’s the temple, the church, marriage, the family, or life itself, we should follow God’s design and seek to honor Him. Any twisting or perverting of God’s design for selfish purposes will draw the Lord’s righteous anger. It’s amazing that the big…
Waking into Our New Volatile Age of Oil Prices
The Bible has a lot to say on the subject of injustice. We know that God is in favor of justice; we know that He is against injustice, even in the most basic terms. The writer of Proverbs mentions this: “The LORD detests differing weights, / and dishonest scales do not please him” (Proverbs 20:23).…
Merrill Lynch Caught Criminally Manipulating Precious Metals Market “Thousands of Times” over 6 Years
The Bible explains the reason for the trouble. Humanity is sinful, not just in theory or in practice but by nature. Sin is part of the very fiber of our being. The Bible speaks of “sinful flesh” in Romans 8:3. It’s our “earthly nature” that produces the list of sins in Colossians 3:5. And Romans 6:6 speaks of “the…
The collapse of the banking system
False apostles are motivated by their greed, lust, or power. Second Timothy 3:1–8 describes such teachers in more detail: “But mark this: There will be terrible times in the last days. People will be lovers of themselves, lovers of money, boastful, proud, abusive, disobedient to their parents, ungrateful, unholy, without love, unforgiving, slanderous, without self-control, brutal, not…
The Parable Of Deutsche Bank And Investment Banking
These same money changers were associated with others who engaged in shady business practices in the temple courts. Some sold sacrificial animals, overcharging people who did not bring their own. Others were in charge of examining the animals to be sacrificed, and it was a simple matter to declare an animal “unapproved” and force the worshiper…
Regulators Shut down 5 More Banks; 89 Failures This Year
The Bible records two instances of Jesus cleansing the temple of money changers and those selling sacrificial animals. Jesus’ first encounter with money changers was at the beginning of His three-year ministry (John 2:14–16). He made a whip of cords and drove them out. The second time He confronted the money changers was the week before His…
Persian Gulf Conflict Could Send Oil Beyond $325
There is no doubt that world war will be a part of the future. Christ plainly taught that there would be war prior to His return (Matthew 24:4-31). Some hold that He spoke generally of the Church age in verses 4-14 and spoke of the tribulation period starting at its mid-point in verses 15-31. Others…
“It’s Going To Be Carnage” – Deutsche Begins Culling 18,000 Employees
Greed is a strong and selfish desire to have more of something, most often money or power. There are many warnings in the Bible about giving in to greed and longing for riches. Jesus warned, “Watch out! Be on your guard against all kinds of greed; a man’s life does not consist in the abundance…
Could JPMorgan Chase Be Hit with a Fourth Felony Count for Rigging Precious Metals Markets?
Banks are in a state of “Greed and Corruption” a state of decay, pollution, or incorrectness. Corruption is one of the effects of sin that resulted from the fall of man. Corruption in the Bible is the state of moral contamination and spiritual decay expressed through disobedience toward God. SRH… Corruption is closely related to spiritual…