“Let the Blessings Come” - Peter Wyns prays a blessing over the people
Showing posts with label people. Show all posts
Showing posts with label people. Show all posts
Monday, September 8, 2025
Sunday, October 29, 2017
The fields are white, ready for harvest. So are the nations.
The fields are white, ready for harvest.
So are the nations.
"And He was saying to them, “The harvest is plentiful, but the laborers are few;
therefore beseech the Lord of the harvest to send out laborers into His harvest."
Jesus, Luke 10:2, NAS
Sunday, July 16, 2017
People like free stuff. So here you go...with a donation to help us give free books to foreign pastors. Will you?
With your donation to help us give these books (and others) free to pastors
in other nations, you'll get one too.
Will you help us help them?
(And then I will give you one too.)
Aug. 26, 2017
Greetings current friends and soon-to-be new friends.
Love For His People, Inc, now in its 8th year, is beginning a new program to give our books (currently 15 titles) free of charge to pastors in Nigeria, the USA, and soon in Pakistan with the Urdu language publication of my book Arms of Love - English version.
You want to help? Will you help?
In order to pay for the printed books and the costly postage (it cost us $52.00 to send 7 books to Nigeria on July 10, 2017 from Charlotte to Africa), we need your help. They received them July 22, 2017. Pastor Abel is going to translate them into his people's language, and then we can print them there.
And as a side note, we do not have any paid staff or overhead costs, so don't be concerned about us using your contributed money to pay our power bill. My wife and I take care of that.
So much for my fund raising letter!
Info below.
Shalom,
Steve Martin
Founder/President
Love For His People, Inc.
P.S. And being we want you to know that we aren't sending a small pamphlet in a letter envelope to them, I will send you my latest book, Basic Life Principles. Or you can click on that link and buy the paperback for $11.95. Kindle e-book is $2.95.
Deal? That's if you send a contribution of $25 or more. Just let me know in the memo line that you would like one. (USA addresses only please.)
Hey, and I will autograph it too!
Please send checks to:
Love For His People, Inc.
P.O. Box 414
Pineville, NC 28134
Each check will receive our USA tax-receipt. 501(c) 3 Fed. ID #27-1633858
Nigerian pastors received our book. July 22, 2017
Books we will provide free of charge
to pastors in other nations.
Tuesday, June 13, 2017
The Next Financial Crisis Has Already Arrived In Europe, And People Are Starting To Freak Out - Michael Snyder THE ECONOMIC COLLAPSE BLOG
Posted: 12 Jun 2017 Michael Snyder THE ECONOMIC COLLAPSE BLOG
Did you know that the sixth largest bank in Spain failed in spectacular fashion just a few days ago? Many are comparing the sudden implosion of Banco Popular to the collapse of Lehman Brothers in 2008, and EU regulators hastily arranged a sale of the failed bank to Santander in order to avoid a full scale financial panic.
Sadly, most Americans have no idea that a new financial crisis is starting to play out over in Europe, because most Americans only care about what is going on in America. But we should be paying attention, because the EU is the second largest economy on the entire planet, and the euro is the second most used currency on the entire planet. The U.S. financial system is already teetering on the brink of disaster, and this new financial crisis in Europe could turn out to be enough to push us over the edge.
If EU regulators had not arranged a “forced sale” of Banco Popular to Santander, we would probably be witnessing panic on a scale that we haven’t seen since 2008 in Europe right about now. The following comes from the Telegraph…
Spanish banking giant Santander has stepped in to the rescue ailing rival Banco Popular by taking over the failing lender for €1 in a watershed deal masterminded by EU regulators to avoid a damaging collapse.But now that a “too big to fail” bank like Banco Popular has failed, investors are immediately trying to figure out which major Spanish banks may be the next to collapse. According to Wolf Richter, many have identified Liberbank as an institution that is highly vulnerable…
Santander will tap its shareholders for €7bn in a rights issue to raise the capital needed to shore-up Popular’s finances in a dramatic private sector rescue of Spain’s sixth-largest lender.
It will inflict losses of approximately €3.3bn on bond investors and shareholders but crucially will avoid a taxpayer bailout.
After its most tumultuous week since the bailout days of 2012, Spain’s banking system is gripped by a climate of fear, uncertainty and distrust. Rather than allaying investor nerves, the shotgun bail-in and sale of Banco Popular to Santander on Tuesday has merely intensified them. For the first time since the Global Financial Crisis, shareholders and subordinate bondholders of a failing Spanish bank were not bailed out by taxpayers; they took risks in order to make a buck, and they bore the consequences. That’s how it should be. But bank investors don’t like not getting bailed out.On Thursday, shares of Liberbank dropped by an astounding 20 percent, and that was followed up by another 19 percent decline on Friday.
Now they’re worrying it could happen again. As Popular’s final days showed, once confidence and trust in a bank vanishes, it’s almost impossible to restore them. The fear has now spread to Spain’s eighth largest lender, Liberbank, a mini-Bankia that was spawned in 2011 from the forced marriage of three failed cajas (savings banks), Cajastur, Caja de Extremadura and Caja Cantabria.
Spanish authorities responded by banning short sales of Liberbank shares, and that caused a short-term rebound in the stock price.
But we haven’t seen this kind of chaos in European financial markets in a very long time.
Meanwhile, Nick Giambruno is sounding the alarm about a much bigger bubble. At this moment, more than a trillion dollars worth of Italian government bonds have negative yields…
Over $1 trillion worth of Italian bonds actually have negative yields.The moment that the ECB stops wildly buying Italian bonds, the party will be over and the Italian financial system will crash. Unfortunately for Italy, the Germans are pressuring the ECB to quit printing so much money, and the Germans usually get their way in these things.
It’s a bizarre and perverse situation.
Lending money to the bankrupt Italian government carries huge risks. So the yields on Italian government bonds should be near record highs, not record lows.
Negative yields could not exist in a free market. They’re only possible in the current “Alice in Wonderland” economy created by central bankers.
You see, the European Central Bank (ECB) has been printing money to buy Italian government bonds hand over fist. Since 2008, the ECB and Italian banks have bought over 88% of Italian government debt, according to a recent study.
But if the Germans get their way this time, we could be facing a complete and utter nightmare very quickly. Here is more from Nick Giambruno…
Once the ECB—the only large buyer—steps away, Italian government bonds will crash and rates will soar.And all of this is happening in the context of a global economy that appears to be headed for a major downturn.
Soon it will be impossible for the Italian government to finance itself.
Italian banks—which are already insolvent—will be decimated. They hold an estimated €235 billion worth of Italian government bonds. So the coming bond crash will pummel their balance sheets.
It’s shaping up to be a lovely train wreck.
For example, the last time that global credit growth showed down this rapidly was during the last financial crisis…
From peak to trough the deceleration in global credit growth is now approaching that during the global financial crisis (-6% of global GDP), even if the dispersion of the decline is much narrower. Currently 55% of the countries in our sample have experienced a -0.3 standard deviation deterioration in their credit impulse (median over 12 months) compared to 77% of countries in Dec ’09 when the median decline was -1.4 stdev.”Of course the last time global credit growth decelerated this dramatically, global central banks intervened on a scale that was unlike anything that we had ever seen before.
But this time around it is happening at a time when global central banks are very low on ammo…
More importantly, back in 2009, not only China, but the Fed and other central banks unleashed the biggest injection of credit, i.e. liquidity, the world has ever seen resulting in the biggest asset bubble the world has ever seen. And, this time around, the Fed is set to hike for the third time in the past year, even as the ECB and BOJ are forced to soon taper as they run out of eligible bonds to monetize. All this comes at a time when US loan growth is weeks away from turning negative.There are so many experts that are warning about big economic trouble in our immediate future. I would like to say that all of the experts that are freaking out are wrong, but I can’t do that.
As such, what “kickstarts” the next spike in the credit impulse is unclear. What is clear is that if the traditional 3-6 month lag between credit inflection points, i.e. impulse, and economic growth is maintained, the global economy is set for a dramatic collapse some time in the second half.
I have not seen an atmosphere like this since 2008 and 2009, and everything points to an acceleration of the crisis as we enter the second half of this year.
Sunday, May 15, 2016
Tuesday, March 22, 2016
Helicopter Money: Global Central Banks Consider Distributing Money Directly To The People - Michael Snyder The Economic Collapse Blog
|
Posted: 21 Mar 2016 Michael Snyder The Economic Collapse Blog
Should central banks create money out of thin air and give it directly to governments and average citizens? If you can believe it, this is now under serious consideration. Since 2008, global central banks have cut interest rates 637 times, they have injected 12.3 trillion dollars into the global financial system through various quantitative easing programs, and we have seen an explosion of government debt unlike anything we have ever witnessed before.
But despite these unprecedented measures, the global economy is still deeply struggling. This is particularly true in Japan, in South America, and in Europe. In fact, there are 16 countries in Europe that are experiencing deflation right now. In a desperate attempt to spur economic activity, central banks in Europe and in Japan are playing around with negative interest rates, and so far they seem to only have had a limited effect. So as they rapidly run out of ammunition, global central bankers are now openly discussing something that might sound kind of crazy. According to the Telegraph, central banks are becoming increasingly open to employing a tactic known as “helicopter money”… Faced with political intransigence, central bankers are openly talking about the previously unthinkable: “helicopter money”.Do you understand what is being said there? The idea is basically this – central banks would create money out of thin air and would just give it to national governments or ordinary citizens. So who would decide who gets the money? Well, they would. If you are anything like me, this sounds very much like Pandora’s Box being opened. But this just shows how much of a panic there is among central bankers right now. They know that we are plunging into a new global economic crisis, and they are desperate to find something that will stop it. And if that means printing giant gobs of money and dropping it from helicopters over the countryside, well then that is precisely what they are going to do. In fact, the chief economist at the European Central Bank is quite adamant about the fact that the ECB can print money out of thin air and “distribute it to people” when the situation calls for it… ECB chief Mario Draghi has refused to rule out the prospect, saying only that the bank had not yet “discussed” such matters due to their legal and accounting complexity. This week, his chief economist Peter Praet went further in hinting that helicopter drops were part of the ECB’s toolbox.Apparently memories of the Weimar Republic must have faded over in Europe, because this sounds very much like what they tried to do. I don’t know why anyone would ever want to risk going down that road again. Here in the United States, the Federal Reserve is not openly talking about “helicopter money” just yet, but that is only because the stock market is doing okay for the moment. Most Americans don’t realize this, but the primary reason why stocks are doing better in the U.S. than in the rest of the world is because of stock buybacks. According to Wolf Richter, corporations spent more than half a trillion dollars buying back their own stocks over the past 12 months… During the November-January period, 378 of the S&P 500 companies bought back their own shares, according to FactSet. Total buybacks in the quarter rose 5.2% from a year ago, to $136.6 billion. Over the trailing 12 months (TTM), buybacks totaled $568.9 billion.When corporations buy back their own stocks, that means that they are slowly liquidating themselves. Instead of pouring money into new good ideas, they are just returning money to investors. This is not how a healthy economy should work. But corporate executives love stock buybacks, because it increases the value of their stock options. And big investors love them too, because they love to see the value of their stock holdings rise. So we will continue to see big corporations cannibalize themselves, but there are a couple of reasons why this is starting to slow down. Number one, corporate profits are starting to fall steadily as the economy slows down, so there will be less income to plow into these stock buybacks. Number two, many corporations have used debt to fund buybacks, but now it is getting tougher for corporations to get new funding as corporate defaults rise. As stock buybacks slow, this is going to put downward pressure on the market, and we will eventually catch up with the rest of the planet. At this point, many experts are still calling for stocks to fall by another 40, 50 or 60 percent from current levels. For example, the following comes from John Hussman… From a long-term investment standpoint, the stock market remains obscenely overvalued, with the most historically-reliable measures we identify presently consistent with zero 10-12 year S&P 500 nominal total returns, and negative expected real returns on both horizons.When the S&P 500 does fall that much eventually, the Federal Reserve will respond with emergency measures. So yes, we may see “helicopter money” employed in Japan and in Europe first, but we will see it here someday too. I know that a lot of people out there are feeling pretty good about things for the moment because U.S. stocks have rebounded quite a bit lately. But remember, the fundamental economic numbers just continue to get even worse. Just today we learned that existing home sales in the United States had fallen by the most in six years. That is definitely not a sign that things are “getting better”, and I keep trying to warn people that tumultuous times are dead ahead. And if global central bankers did not agree with me, they would not be talking about the need for “helicopter money” and other emergency measures. |
Wednesday, January 6, 2016
Proof of Real Angels in Israel ✡ "Moses Grew Up and Went Out to His People" - ISRAEL365
| |||||||||||||||||||||||||||||||||||||
|
Subscribe to:
Comments (Atom)







