Showing posts with label Warns. Show all posts
Showing posts with label Warns. Show all posts

Monday, June 12, 2017

Legendary Investor Jim Rogers Warns That The Worst Stock Market Crash In Your Lifetime Is Coming ‘This Year Or Next’ - Michael Snyder THE ECONOMIC COLLAPSE BLOG


Posted: 11 Jun 2017  Michael Snyder  THE ECONOMIC COLLAPSE BLOG

If Jim Rogers is right, the worst stock market crash that any of us has ever seen is right around the corner.  For the past 15 years, Rogers has been a frequent guest analyst on CNBC, Fox News and elsewhere, and he is immensely respected for the depth of knowledge and experience that he brings to the table.  

So the fact that he is warning that we are about to see the worst stock market crash in any of our lifetimes is making a lot of waves in the financial community.  And of course Rogers is far from alone.  Previously, I have written about several other prominent experts that are warning that a new financial crisis is imminent, and I have also discussed how a number of big investors are quietly positioning themselves to make an enormous amount of money when the markets crash.  Could it be possible that all of these incredibly sharp minds could be wrong?  Yes, but I wouldn’t bet on it.

I was actually quite stunned when I first learned what Jim Rogers had told Henry Blodget of Business Insider during a recent interview.  Rogers has built up a tremendous amount of credibility, but now he is putting that credibility on the line by warning that a great stock market crash will happen by the end of next year.  Here is the key portion of the interview …

Blodget: Well, yeah, TV ratings do seem to go up during crashes, but then they completely disappear when everyone is obliterated, so no one is hoping for that. So when is this going to happen?
Rogers: Later this year or next.
Blodget: Later this year or next?
Rogers: Yeah, yeah, yeah. Write it down.
There is no backing out of a statement like that.
If Rogers is wrong, he will never hear the end of it.
Subsequently, Blodget and Rogers also discussed how severe the coming crisis would be…
Blodget: And how big a crash could we be looking at?
Rogers: It’s going to be the worst in your lifetime.
Blodget: I’ve had some pretty big ones in my lifetime.
Rogers: It’s going to be the biggest in my lifetime, and I’m older than you. No, it’s going to be serious stuff.

So that means that Rogers is convinced that the coming crisis is going to be even worse than what we went through in 2008.

Of course this is something that I have been warning about for quite a while, but for Jim Rogers to make a statement like this is a really, really big deal.

Later in the interview, Rogers shared more details about what he believes the coming crisis will look like…

You’re going to see governments fail. You’re going to see countries fail, this time around. Iceland failed last time. Other countries fail. You’re going to see more of that.

You’re going to see parties disappear. You’re going to see institutions that have been around for a long time — Lehman Brothers had been around over 150 years. Gone. Not even a memory for most people. You’re going to see a lot more of that next around, whether it’s museums or hospitals or universities or financial firms.

That definitely sounds like an “economic collapse” to me.  Of course the truth is that the U.S. economy is already in the midst of a slow-motion economic collapse that stretches back for decades, but this coming crisis that Rogers is talking about is going to great accelerate matters.

Let us hope that it is put off for as long as possible, but at some point we are simply going to run out of time.

And when markets do start falling, they can move very, very rapidly.  Just look at what happened on Friday.  Technology sector stocks were down 2.7 percent, and the FAANG stocks were some of the biggest movers
Facebook fell $5.11, or 3.3%, to $149.60.
Apple fell $6.01, or 3.9%, to $148.90.
Amazon fell $31.96, or 3.2%, to $978.31 now demoted from the elect group for 4-digit stocks back to the large group of 3-digit stocks.
Netflix plunged $7.85, or 4.7%, to $158.20.
Alphabet – the G in FAANG – fell $33.58, or 3.4%, to $952.23, moving further away from everyone’s dream of closing at $1,000.
If we are indeed moving toward a new crisis, one of the things that we will want to watch for is an inverting of the yield curve.

We saw this happen in 2000 and in 2006, and on both occasions it foreshadowed that a huge stock market crash was coming in the not too distant future.

Unfortunately, CNBC says that a new inversion of the yield curve could happen “by the end of this year”…
The bounce in Treasury yields witnessed after the election of Donald Trump is now decaying in the D.C. swamp. If the Federal Reserve continues to ignore this slow growth and deflationary signal from the bond market and continues along its current rate hiking path, the yield curve will invert by the end of this year and an equity market plunge and a recession is sure to follow.
An inverted yield curve, which has correctly predicted the last seven recessions going back to the late 1960’s, occurs when short-term interest rates yield more than longer-term rates. Why is an inverted yield curve so crucial in determining the direction of markets and the economy? Because when bank assets (longer-duration loans) generate less income than bank liabilities (short-term deposits), the incentive to make new loans dries up along with the money supply. And when asset bubbles are starved of that monetary fuel they burst. The severity of the recession depends on the intensity of the asset bubbles in existence prior to the inversion.
Another key indicator is the growth of commercial and industrial loans. According to Zero Hedge, this indicator has correctly foreshadowed every single recession since 1960…
While many “conventional” indicators of US economic vibrancy and strength have lost their informational and predictive value over the past decade (GDP fluctuates erratically especially in Q1, employment is the lowest this century yet real wage growth is non-existent, inflation remains under the Fed’s target despite its $4.5 trillion balance sheet and so on), one indicator has remained a stubbornly fail-safe marker of economic contraction: since the 1960, every time Commercial & Industrial loan balances have declined (or simply stopped growing), whether due to tighter loan supply or declining demand, a recession was already either in progress or would start soon.
So considering the fact that this indicator has been so accurate, it is extremely alarming that we could see our “first negative loan growth” since the last financial crisis “in roughly 4 to 6 weeks”
After growing at a 7% Y/Y pace at the start of the year, which declined to 3% at the end of March and 2.6% at the end of April, the latest bank loan update from the Fed showed that the annual rate of increase in C&A loans is now down to just 1.6%, – the lowest since 2011 – after slowing to 2.3% and 1.8% in the previous two weeks.
Should the current rate of loan growth deceleration persist – and there is nothing to suggest otherwise – the US will post its first negative loan growth, or rather loan contraction since the financial crisis, in roughly 4 to 6 weeks.
And when you throw in all of the other signs that the U.S. economy is slowing down, a very clear picture begins to emerge.

It has been said that those that do not learn from history are doomed to repeat it.  As a society, we certainly didn’t learn much from the horrible financial disaster of 2008, and now so many of the exact same patterns are repeating once again.

An unprecedented financial crisis is most definitely heading our way, and the only thing left to be answered is how soon it will get here.

Wednesday, March 15, 2017

Woman Who Prophesied Trump Would Win Now Warns That a "Great Shaking" Is Coming and Churches Will Fall - MICHAEL SNYDER CHARISMA NEWS

Yes, a great shaking is coming, but God is not warning us about these things so that we will be afraid. (Public Domain)

Woman Who Prophesied Trump Would Win Now Warns That a "Great Shaking" Is Coming and Churches Will Fall
MICHAEL SNYDER  CHARISMA NEWS
If Dr. Patricia Green is correct, America is about to be shaken like we have never seen before.
And considering her track record, I would take what she has to say very seriously. She correctly prophesied in advance that Donald Trump would win the election in November. If you are not familiar with this prophecy, you can find it here on a video that she published Sept. 28. She also correctly prophesied Barack Obama's first election victory in advance, and she did it at a time when Hillary Clinton was expected to get the Democratic nomination. So unlike many other "prophets" that are floating around these days, she has a very long track record of being accurate.
In her latest video, she says God told her that a great shaking will soon come to America and many churches will fall. The following excerpt from her prophecy comes from Z3News.com:
Regarding the increase in prophecy, I will show my children what I am about to do on this earth through My prophets. My prophets will arise with this proclamation, "Make way for the coming of Yehoshua. Prepare the way. Prepare your hearts. He will shake the heavens and he will shake the earth with his outstretched arm. This great shaking will usher in great revival. The churches whose foundations are not established on the rock of Yehoshua will fall. Many will be shocked at the churches who fall because those churches put up a good front, but refuse to live in holiness. I will expose the greed, the fornication, the adultery and the idolatry of these churches. There is a great shaking coming, and I will expose the sin. Repent before it is too late."
If you would like to watch the entire video, you can find it on YouTube here.
Dr. Green's message immediately got my attention because it very closely mirrored what I have been proclaiming. I have been heralding the "shaking" that is coming and the "revival" that will follow on television, on the radio, in my latest book The Rapture Verdict and in my articles. Here is just one brief example:
Many are hoping for a great move of God instead of shaking. But the truth is that we should be thankful for the shaking that is coming because it will shake many into the kingdom.
If we want to make it through the shaking that is coming, we have no other choice but to walk in holiness.
It is easy to point the finger at others, but the truth is that each one of us needs to closely examine our own lives to make sure we are living the way we should.
Another voice with a very long track record that is warning that "dark days" are coming to America belongs to Stephen Hanson:
These are the days of uncertainty for many. These are the days of turmoil and unrest. And yet I would say that I can give you rest. I can give you rest in the midst of the storm. I calmed the sea when my disciples were in the boat. They were fearful of the storms and the waves, but I told them to look to Me and not to the water.
Dark days are ahead for this nation. It is set in motion—the wheels are turning, and in time the very things spoken concerning the events leading up to the last days will come. A pendulum is swinging, and it is chiming out the hours. The very walls of justice will erupt. Confusion and calamity is seen upon the very steps of the White House.
And as I have written about previously, many other prophetic voices are saying the same thing.
Many believe that the church in America is in "good shape," but the numbers say otherwise. For instance, a new Barna Group study found that only about 10 percent of all Americans have a "biblical worldview", and for millennials, the number was less than half of that:
They found that while more than seven out of 10 Americans call themselves Christians, just one out of every 10 were able to answer basic questions about the Bible and the faith.
The number is low among young Americans as well.
Only four percent of millennials aged 18-29 scored 80 percent or higher on a survey asking questions about their faith.
How can anyone possibly claim that the church is in "good shape" after seeing that kind of data?
Judgment begins with the house of God, and there are so many out there who have refused to listen to the warnings, even after many of us have pleaded with them to listen time after time with great love in our hearts.
But there are also many who have heeded the call, and in these last days, God is raising up a mighty remnant that will do great exploits. The move of God that is coming will not have anything in common with the watered-down, lukewarm, wimpy "churchianity" so many of us have become accustomed to seeing.
In the times that are coming, we are going to need believers who are willing to be bold, strong and militant. I really like how Larry Alex Taunton made this point in an article for Fox News:
My father, a career soldier, had a phrase he liked to employ whenever he saw a man behave in a manner that was less than manly. He would say something like, "That was (obscene phrase)." Of course, my father didn't invent the idiom, but in his use of it you didn't need further explanation. You knew exactly what he was talking about.
The term fits the kind of Christianity that has infected the church and sapped it of its vitality and strength. The expression might offend the sensibilities of some of my readers, to which I can only say: It might fit you.
I urge you instead to be offended by the way our God's name is blasphemed in our country every day; by the 54 million children murdered in the holocaust of abortion since 1973; by the sordid sexual agenda that is eroding the very fabric of Western civilization; by the fact that Christians are dying for their faith, largely at the hands of Muslims, at a rate of 100,000 per year; and, most of all, by the reality that these things are being ignored, trivialized or celebrated.
Yes, a great shaking is coming, but God is not warning us about these things so we will be afraid.
Rather, we are being warned so we will not fear.
God is in control, He knew about all of this in advance and He has a plan.
And even in the midst of all the darkness, this will be the remnant's finest hour.
Without a great shaking, there would be no widespread revival, so we should embrace the shaking that is coming, because it will help spark what I believe will turn out to be the greatest move of God the world has ever seen. 
Michael Snyder is the founder and publisher of End Of The American Dream. Michael's controversial new book about Bible prophecy entitled "The Rapture Verdict" is available in paperback and for the Kindle on Amazon.com.
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Friday, June 3, 2016

Barack Obama Warns Americans ‘To Be Prepared For A Disaster’ - Michael Snyder THE ECONOMIC COLLAPSE BLOG

Barack Obama At FEMA - Public Domain

Posted: 02 Jun 2016 Michael Snyder  THE ECONOMIC COLLAPSE BLOG

When Barack Obama speaks to the public, it is very rare that he does so without a specific purpose in mind.  So why is he urging Americans “to be prepared for a disaster” all of a sudden?  On May 31, Obama took time out of his extremely busy schedule to deliver an address at the FEMA National Response Coordination Center in Washington.  

During his speech, he stressed that every American is responsible for preparing for disasters, and that includes “having an evacuation plan” and “having a fully stocked disaster supply kit”.  These are basic steps that I have been encouraging people to do for years, but if they won’t listen to me, perhaps they will listen to the man currently residing in the White House.  The following excerpt from Obama’s speech comes directly from the official White House website
One of the things that we have learned over the course of the last seven and a half years is that government plays a vital role, but it is every citizen’s responsibility to be prepared for a disaster.  And that means taking proactive steps, like having an evacuation plan, having a fully stocked disaster supply kit.  If your local authorities ask you to evacuate, you have to do it. Don’t wait.
This speech was timed to coincide with the beginning of the hurricane season, although hurricanes have not posed much of a threat lately.

In fact, a major hurricane has not made landfall in the United States for 127 straight months.

But without a doubt, we all need to be preparing for disaster.  Hurricanes can create a short-term emergency that can last for a few days, but there are other threats that could create a major emergency that could potentially last for an extended period of time.  That list of potential threats includes a major volcanic eruption, a natural or engineered pandemic, a west coast earthquake, a New Madrid earthquake, a tsunami on either the east or west coasts, a meteor impact, Islamic terror, war, an EMP burstthat takes down the power grid, cyberwarfare, economic collapse, and civil unrest resulting in the imposition of martial law.

Of course the items that I just mentioned are not mutually exclusive.  In fact, in different scenarios we could actually see multiple events happen in rapid succession.

It is interesting to note that during his speech Barack Obama also noted that the American people seem to have become very complacent about getting prepared…
And what we’ve been seeing is some public complacency slipping in; a large portion of people not having preparedness kits, not having evacuation plans.
This is exactly what I have been noticing as well.  There appears to be a tremendous amount of apathy out there, and relatively few people really seem to feel much urgency to get prepared these days.

My contacts in the emergency preparedness industry have been telling me that sales are way down right now.  There was a big peak last fall, but since then it is like interest in prepping has just fallen off the map.

Ultimately, those companies are going to be okay because interest will pick back up shortly as global events begin to spiral completely out of control.  However, of much greater concern is the fact that people have not been using this period of relative calm constructively.

Just like we have seen in Venezuela, time to prepare eventually runs out.  And someday there will be millions of parents that are absolutely horrified when their children come to them crying out for food and they don’t have anything to give to them because they didn’t heed the warnings and they didn’t get prepared.

When that day arrives, many of those families may be forced to turn to whatever help the government is offering at the time.

One more thing that I found particularly noteworthy about Obama’s speech was that he said that there is now “a FEMA app” that can direct you to the nearest “FEMA shelter” in the event of a major emergency.
If you need information about how to put together an evacuation plan, how to put together a disaster preparedness kit, as Craig said, we’ve got an app for everything now.  We have a FEMA app in English and in Spanish to help you prepare your family for a disaster.  You can update the National Weather Service alerts.  You can get safety tips for more than 20 kinds of hazards.  It provides you directions to nearby shelters.
Could you envision yourself and your family having to take refuge in a “FEMA shelter” someday?

If not, you should do what you can to get prepared now.  Over the next couple of days, my wife and I will be releasing a couple of new videos about preparation on our YouTube channel.  I hope that many of you will check them out.

Unlike Venezuela, it looks like we may still have a little bit more time to prepare for what is ahead.  Some people will relax and use this time to party, but those that are wise will work diligently and will do what they can to get ready for the exceedingly challenging times that are rapidly approaching.

Hopefully you are listening to the warnings and are heeding what the watchmen are saying.
If not, the consequences for what will happen to you and your family will ultimately be on your own hands.

Monday, December 21, 2015

Prince Charles Warns Christianity May Be Erased From Middle East Within 5 Years - ISRAEL, ISLAM & END TIMES

Prince Charles Warns Christianity May Be Erased From Middle East Within 5 Years - Israel, Islam & End Times

Dec. 20, 2015
BRITAIN’S Prince Charles has warned that Christianity might be entirely erased from the land of its birth in the Middle East within five years.
“Their suffering is symptomatic of a very real crisis which threatens the very existence of Christianity in the land of its birth,” Charles said at the Archbishop House in central London, reported the Express on Thursday.
“In fact according to Aid to the Church in Need, which is a truly remarkable organization, Christianity is on course to disappear from Iraq within five years unless emergency help is provided on a greatly increased scale at an international level,” the Prince of Wales said.

“This affects us all, consequently the greatest challenge we face is how to ensure the spiritual and cultural heritage of Christianity in the Middle East is preserved for future generations.”

Christians have been heavily targeted by the Islamic State terror group across Iraq and Syria in the past two years, and have seen their numbers drop significantly.

The militants have beheaded Christians in several propaganda videos, and have warned Christian populations in towns they have captured that they must either convert to their version of Islam, face death, or be driven out.

Prince Charles’ dire warning has been proclaimed by Iraqi and Syrian church leaders as well, with Metropolitan Jean-Clément Jeanbart of the Melkite Archdiocese of Aleppo declaring in October that the exodus of Christians from the Middle East is both “apocalyptic and fatal.”
Jeanbart said that the “exodus of Christians” is as “a form of deportation, condemning our faithful to a humiliating exile and our 2,000-year-old Church to a deadly drying up.” The church leader also accused Western governments of appearing “either indifferent or unjust” to the plight of the refugees.
Prince Charles has also spoken out on the persecution of Christians throughout the Middle East on a number of other occasions, including back in December 2013 when he said that the situation has reached a “crisis” point.
“It seems to me that we cannot ignore the fact that Christians in the Middle East are, increasingly, being deliberately targeted by fundamentalist Islamist militants. Christianity was, literally, born in the Middle East and we must not forget our Middle Eastern brothers and sisters in Christ,” he said at the time.