IN TODAY'S NEWSLETTER...
America’s Coming Judgment and Destruction - by Pastor Mike Taylor - https://pastormiketaylor.blogspot.com/2021/05/americas-coming-judgment-and-destruction.html
“ Come now, and let us reason together, saith the LORD: though your sins be as scarlet, they shall be as white as snow; though they be red like crimson, they shall be as wool.
1:19 If ye be willing and obedient, ye shall eat the good of the land:
1:20 But if ye refuse and rebel, ye shall be devoured with the sword: for the mouth of the LORD hath spoken it.” (Isaiah1:18-20)
I have been re-reading a very interesting, although controversial book by Rabbi Jonathan Cahn by the title “Mysteries of the Shemitah”. It is an expansion on his first book that I also read, the “Harbinger”. In the first book of the “Harbinger” Jonathan Cahn analyzes the parallels of what happened to Israel and the “harbingers” of impending national collapse and what is happening right now in America. The parallels are uncanny and can only be said beyond coincidence. Oh, there are many critics of the first book, as there are critics of this book I’ve been reading, but let us explore what Rabbi Cahn is trying to convey to all who will listen with the spiritual mind, instead of just dismissing without discernment.
So what is this “Mystery of the Shemitah” and what does it mean? For the Israelite, it was given by God to use the land for 6 years, but each 7th year, the land was to lay fallow, or resting and anything that grew of its own was for whomever wished to gather it. That included the poor, the widow, or the average man on the street. The products were for everyone. We know by reading our Bibles that Israel was sent into exile for not following God’s command and disobeyed the law of God for 70 consecutive Sabbath years, or for a total of 490 years and were warned by Jeremiah and other prophets that judgment was coming.
But Israel rebuffed their words that came from God and persecuted and even killed the prophets for their warning, until God sent them into exile for 70 years. Now the critics emphasize that this covenant was for the nation of Israel and not for anyone else. So they scoff at the idea that God could use the same test for any other nation. But are they right? Let me state a few obvious things here:
-Is our God the same yesterday, today and forever? Of course, He is.
-Does God use the Old and the New Testament as learning tools for us today on how he deals with individuals and even nations who obey Him and those who disobey? Yes, He does.
-If God dealt harshly with Israel, a nation that He was the center of their culture and they wandered away from His laws and commandments for living, then will He deal harshly with any other nation that does the same? Maybe, since God has not changed.
-Are the Ten Commandments still in force today of how any individual is to live their life and if they are, what other commandments are still in force?
5:18 “ For verily I say unto you, Till heaven and earth pass, one jot or one tittle shall in no wise pass from the law, till all be fulfilled.
5:19 Whosoever therefore shall break one of these least commandments, and shall teach men so, he shall be called the least in the kingdom of heaven: but whosoever shall do and teach them, the same shall be called great in the kingdom of heaven.”(Matthew 5:18-19)
-Finally, what were the Sabbath rest for the land designed for in the first place?
Let us consider what the last question, as the first four are obvious to the follower of Jesus Christ, even though most theologians can’t grasp their eternal meaning. But what was the Year of the Shemitah, or a Sabbath rest for the land designed for? It was designed to let mankind know that their substance, their living, and their very breath came from God.
These were major economic laws given by God, designed to prevent undue wealth acquired through acquisition of farm land from accumulating in the hands of the rich while the poor become further impoverished. God repeatedly emphasizes that people are not to oppress one another (Leviticus 25:14, 17). Deuteronomy 15 says that following these economic laws would bring God's blessing (verses 4, 6, 10). God wants people to learn to be generous and compassionate—to have a "give" attitude rather than one of "get." So every 50th year (the year after 7x7 sabbatical years), men were set free, debts were forgiven, and every man was equal in that they owed no one, but God. It was the year of Jubilee.
But greed and the pursuit of wealth and money clouds and interferes with giving thanks to God as men look to themselves to be their own god, and they don’t need God Almighty. The nation of America has been blessed, and we have used the economic theory of Capitalism, and it has served us well, as men are in charge of their own destiny, and we don't reward sloven behavior in the past, but note that this has all changed, especially in the past 8 years of the “Obama, the usurper in chief” that turned our economy into a product of welfare and the social state.
The above example instituted by God shows what it required even further by repentance of sinning against God and humbling yourself before Him and growing close to Him, instead of growing further and further from following His way of life. That was the sin that Israel committed during those 490 years. The land rest was a symbol of national repentance and getting right with God. As Israel grew further and further from God and rejected God, they fell further and further into idolatry to even to burn their children in the fires of pagan gods.
Finally, God had enough and banished them from their homeland for a national lesson in repentance and being humbled by force by an invading, foreign army of Babylon....Hence, we have gone the way of ancient Israel and have allowed our greed and pursuit of “stuff” to cloud our vision and ability to see to put God first in our economic dealings with other men.
BUT ISRAEL IS NOT THE U.S.A?
Israel was the only nation that was commanded to observe this year of the Shemitah and true we, the USA are NOT Israel, as many have pointed out, and never will be. We are NOT the New Israel or descendants of a scattered 10 lost tribes as some religions have so erroneously believed, BUT is there a lesson in something that is so prophetic in nature that can be applied to modern times we live in? Can this be used as a prophetic sign from God Almighty to any nation either in blessings or in curses as God warned?
Let me take a few points that jumped out at me when I re-read Rabbi Cahn’s book and I wish to address them here and I'm paraphrasing in my own words. Such a prophetic sign could be given to any nation that in any way, matches the description and the attributes of ancient Israel. Those attributes would include the following:
-Any nation that is in defiance of God’s ways or judgments would be a candidate. Course that could cover a lot of nations, no matter what their religious practices be, whether Muslim, Hindu, Buddhist, or totally secular. But let’s narrow it down a bit.
-A nation that has known God, but has rejected His ways and turned away from Him. That could apply to many “Western” nations that have had the label “Christian”, or is largely post-Christian. But let us narrow it down even further.
-A nation that its foundation was laid upon the precepts of Almighty God found in the Ten Commandments and their laws were governed by His Word for the sole purpose of His glory and His attributes and to establish a nation “Under God”. Now that narrows it down a whole lot. There are only TWO nations that have built their society, their government, their laws upon God’s law. That would be Israel, and the United States of America!! If you can think of another, because I can't.
Our forefathers came to this land and envisioned a new government built upon the precepts of Almighty God when it was a fledgling colony in Massachusetts and from there, through the War of Independence and our founding documents beginning with the Declaration of Independence and then our Constitution, God and His Word was the mold that shaped our new nation, under God.
President Ronald Reagan spoke of that very important fact, who is but one of the leaders of our country, down through our history that recognized the importance of God in our society. He said “ If we ever forget that we are a nation under God, then we will be a nation gone under”.( AMEN.)
For the last 200 years, God has blessed this nation beyond any nation in all of history and the wealth of this nation has surpassed all nations upon this earth, past and present. But times have changed in the last 50 years (and as noted especially the past Democrat rule of 8 years), as our slide into idolatry has grown more pronounced and more anti-God in our schools, our universities, our halls of government, and in our very lives. ( Even to the point that was said in Congress, that God's will has no bearing on this Congress.....Congressman Jerry Nadler).God has been legislated out of the very foundation of our republic and “progressively” (I use that term tongue in cheek) God has been told that He is not welcome. We don’t need God, we can handle ourselves. Oh, really and how has that been working out for you in the years of this nations last dictator in chief who thought he was above the law. (thank God he is gone..or is he?) As Obama may be back coaching this mentally challenged individual that was installed as POTUS, not elected, but installed.
HAS GOD REMOVED HIS HAND FROM AMERICA?
Let us think for a moment, what would it look like in a society that has kicked God out of our everyday affairs. Since the beginning of our founding, God has had His hand on this nation and blessed us in business, in resources, in national security, militarily in our wars with victory, and every aspect that makes up the USA. No question of that, as the history books speak of how this nation became a lone superpower, and not by its own might, but by the very Hand of God. Why was that? Because we honored Him, we prayed to Him, and we looked to Him for guidance in the majority of the population. What would happen if God removed that protective hand and removed the protective hedge that He has placed around us? As Jonathan Cahn wrote in his book:
“What if God released “His grip” on the United States and He pulled away His protection from that nation, even for a moment? What if He allowed a nation so deafened and hardened itself to His calling voice, would now allow it to be “shaken”?
IMAGINE HOW GOD MIGHT GET THAT NATIONS ATTENTION
To a nation that has driven the God it once had known out of its life (as this nation has), rejected His ways, defied His will, and hardened itself to His call, a Shemitah would be the opposite of blessing, it would be judgment. In Leviticus chapter 26, God gives blessings for following after God, but He also gives curses if they do not:
26:14 “But if ye will not hearken unto me, and will not do all these commandments;
26:15 And if ye shall despise my statutes, or if your soul abhor my judgments, so that ye will not do all my commandments, but that ye break my covenant:
26:16 I also will do this unto you;…….”(Leviticus 26:14-16)
God listed all the curses He would level at Israel in the next few verses, and as a warning, an example to us, (as the Bible was written down for the last days for us, read the curses for yourselves), as He said that He will utterly destroy that nation who does not fear or respect Him. But God is a merciful God, and before He passes judgment, He gives us warnings. Folks, since the 1960s, God has been trying to get our attention and in the leaders of this country and the elite, they have turned a blind eye and led the population down a torturous road bound for most certain destruction.
It was shown that every 7 years of our modern time, since 1973, in a cycle of close to every 7 years, there has been an economic downturn that has affected the nations business found in the stock market on Wall Street and our financial structure. And the amazing thing, it all happened on the very year of remission of debts, and the freeing of obligations to another person, the year of the Shemitah. Each and every instance, Wall Street has taken a hit, and in some years, a huge smack-down of losing near half of it’s worth. The cycle has been ominious in its destruction of a major portion of our national wealth and our GNP (Gross National Product), including prices for goods, and unemployment with major losses of jobs, due to businesses being forced to close due to this so called “pandemic”.
These warnings have been growing louder and louder, as America has been isolated and protected on our shores through two World Wars and many foreign conflicts, as those conflicts never saw an attack on our soil, until…..you guessed it…September 11, 2001 (9/11). America’s security and feelings of invincibility were shattered on that day. What once was the symbol of our economic might and wealth, lay in rubble as so many bricks and mangled steel upon itself, as the Twin Towers fell to the earth. Would it concern you that this was the Year of the Shemitah? Yes, 2001 was a Sabbath Year rest and I believe, a call to repentance for national idolatry. On the following days, the stock market crashed, due to the shaking of the economy and the fall of the Twin Towers due to this terrorist attack. Not only has the cycle of economic instability happened every 7 years, but now God was letting evil come against even our infrastructure and leveled one of the tallest buildings on earth, as a warning. America was shaken and filled the churches of the land, but it lasted only a few weeks and we went back to sleep. We continued in unrepentance and ignored a physical warning, I believe was allowed by God.
Next came 2008, and yet another Sabbath year. What happened then? We had another stock market crash that pretty well destroyed most of people’s retirement that were based in the stock market. The stock market fell from over 14,000 points to a little more than 600 in days. It spelled an economic recession and the scrambling of the government to save businesses “too big to fail”. Since then we have printed money out of thin air and the stock market has soared again. We think all is well...is it? But if you think that, you lie to yourself and many people can feel something coming, a foreboding of doom. I watch in amazement as the stock market has soared to unprecedented heights that give the nation a false sense of security. I have just watched and waiting for the air to be let out of this bubble that is built on “funny money” and the total collapse of this nations economic might. We are well overdue for a correction in the stock market.
WHAT MAY BE COMING?
Understand, I make no predictions or set dates of when God will do anything, but the coincidences keep building and a person that has money in the stock market might be feeling a little trepidation, right about now. Why? One indicator of our economic condition is our energy sector. That major source of energy is oil. Now oil had been upwards of 100+ bucks a barrel, and I didn’t like it much, as gas has been expensive, but in the historical aspect of the price of oil that drops its price precipitously, (like a rock to the bottom of the lake fast), spells economic woes for a nation dependent on that energy source. Remember 2008, and 2001 as the price of oil did about the same as a precursor to a stock market crash? Oil prices were pretty steady, but will it last? When our now “potus” Biden came into office, the first thing he did was shut down the Keystone Pipeline, that made us energy independent...now gas is starting to rise, as it did during Obama reign and will continue to rise. Now we all know, or should that the level of the stock market in 2021 is nothing but a bubble based on cheap money and interest rates. It’s a house of cards that could implode any moment and the stock market will make a drastic correction. Investors are making a sucker's bet that they can read the market. As in the past, it will catch them flat footed. First thing, these events have been extremely precise in 2001 and 2008 and for that matter, every stock market downturn has happened during the fall of the year, in what is called the month of Tishri, or the beginning day of the Feast of Trumpets, a Holy Day and month given to Israel. It’s all happened either in September or October during that month with the end of the Sabbath year, or the Shemitah on the Elul 29 or the end of the Jewish year and Rosh Hashanah, or the Feast of Trumpets being the first day of the new Jewish year calendar. Coincidence?
We are now in the year 2021 and we see the stock market doing a zig-zag of up and down losses and increases since Biden taking office, much like the last crashes that happened. When will the correction begin? If it does come, then how deep will it slide? How long will God allow us to continue in our idolatry to the god of wealth and greed? If the falling of the World Trade Center was a physical warning, along with monetary losses in the stock market, what could be a even more powerful warning?
Since 1960s, America has been going down a slippery road and it became even more slippery, when we let the Supreme Court let stand a ruling called Roe V. Wade and the subsequent murder of now 75 million babies, inside and outside the womb. What in the past we called evil, we now call good. What was abhorred in the past, we now celebrate. Homosexual marriage, or that lifestyle was an a abomination that was not spoke of in public circles, but now we have parades for “Gay Pride” in all parts of the this country. and what was considered abnormal is now an "alternative lifestyle" and is glorified. Both are evil in the eyes of God (Romans chp. 1) and His Word condemns both. We are being warned.
20 “Woe unto them that call evil good, and good evil; that put darkness for light, and light for darkness; that put bitter for sweet, and sweet for bitter!
21 Woe unto them that are wise in their own eyes, and prudent in their own sight!
22 Woe unto them that are mighty to drink wine, and men of strength to mingle strong drink:
23 Which justify the wicked for reward, and take away the righteousness of the righteous from him!
24 Therefore as the fire devoureth the stubble, and the flame consumeth the chaff, so their root shall be as rottenness, and their blossom shall go up as dust: because they have cast away the law of the Lord of hosts, and despised the word of the Holy One of Israel.” (Isaiah 5:20-24)
As Jonathan Cahn testifies in his book, it is not about the land’s Sabbath rest per se, but a call to repentance, a time of humbling, and a time to understand that God is the source of your very existence. As a nation, we must turn away from the path that we are on. God is a God of being unchangeable and what He has done in the past to any nation, so shall may He also do to ours.
I breathed a heavy sigh of relief in the past, when a former first lady did NOT get into the White House, this previous election cycle, as her election would have given the elite of this world, their One World Government in a handbasket...with our past POTUS Trump, I believe we were given a short reprieve. Oh, it hasn't stopped our slide, just slowed it down. And note the total resistance from the Liberal left found in our dereliction of duty we call the “Free Press” and the Political left of the “Communist/Socialist Democrat Party” that is not the party of JFK any longer, but they have sold their soul to the devil. Now any nation on earth is deserving of the wrath of God, and believe me, brother, it is coming as the Tribulation drum beats grow louder and louder, but even as Israel was scourged and disciplined most severely by Almighty God, so may the USA be scourged and disciplined just as severely.
I believe the ONLY thing holding back the complete destruction of this nation, are God's people who hold onto His Word with both hands and will NOT stop praying for this nation until they are removed from this planet in what is popularly called “the Rapture, or the HARPAZO” ...then all bets are off. If you should still be here, those who read this and have an ear to hear, you will see this nation fall with such a loud crash, it will make many commit suicide, much like they did in 1929 market crash and causing the Great Depression.
WHY IS THIS SO FOR THE WESTERN NATION OF AMERICA?
Why, you ask, would this be so? Because like Israel, the USA knows better. Of all lands upon the earth, we were the producers of missionaries, Bibles, and distributed the Word of God from one corner of the globe to the other. But now all we are famous for is pornography and lewd living. Our crime statistics are rampant. Race relations are to the point of a civil war between people of color in BLM and the white majority. We murder our unborn. The family, the foundation of a Christian society has been all but torn asunder and when the foundation goes, the nation goes as well. As Paul wrote and God warned us in 2nd Timothy:
3:1 “This know also, that in the last days perilous times shall come.
3:2 For men shall be lovers of their own selves, covetous, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy,
3:3 Without natural affection, trucebreakers, false accusers, incontinent, fierce, de'spisers of those that are good,
3:4 Traitors, heady, highminded, lovers of pleasures more than lovers of God;
3:5 Having a form of godliness, but denying the power thereof: from such turn away.
3:6 For of this sort are they which creep into houses, and lead captive silly women laden with sins, led away with divers lusts,
3:7 Ever learning, and never able to come to the knowledge of the truth.”(2nd Timothy 3:1-7)
If that was ever a description of the majority of a population, this prophecy has been fulfilled in America.
Judgment is coming, my friend, make no mistake about that. When will it happen and what will lead up to it? Only God knows, but from historical accounts, and what is happening right now, I feel that like Rabbi Cahn, I am sounding a warning to all who will heed the trumpet call. It is time, no past time, to get right with God. What will happen in the end of 2021 and into the next year or two, only God knows. Will American collapse? Will her economy implode to where the ripple effect causes world-wide panic and other stock markets to also collapse? Will it usher in a “new world order” and be the trigger for a One World government? The puzzle of the end time events grows stronger and stronger.
What could be coming? Could it be war in the Middle East, leading to a possible 3rd World War? We see Hamas and Israel in a “cease fire” for now...will it last? I don't believe it will, but could lead to Psalm 83 and the Gog-Magog war of Ezekiel and total devastation of Israel's enemies. Could there be economic catastrophe to the USA homeland that puts the rest of the world into bankruptcy and chaos? Will the USA become a third world country that can’t afford to help Israel any longer when the Gog-Magog war prophecy is finally fulfilled? Will we be ripe for invasion from a foreign nation, much like Babylon invaded Israel and destroyed their nation and many lives? The symptoms of an end time prophecy coming to pass mount up to be unable to dismiss or ignore. I believe that what is being warned of, could possibly even happen this fall. Many prophetic teachers, pastors, and even laymen see something happening this fall...Why? Because we are at the end of a generation of the formation of Israel as a nation, (as we are in the 73rd year of the formation of Israel as a nation) and the fulfilling of the prophecy given by Jesus when He warned:
32 “Now learn a parable of the fig tree; When his branch is yet tender, and putteth forth leaves, ye know that summer is nigh:
33 So likewise ye, when ye shall see all these things, know that it is near, even at the doors.
34 Verily I say unto you, This generation shall not pass, till all these things be fulfilled.
35 Heaven and earth shall pass away, but my words shall not pass away.
36 But of that day and hour knoweth no man, no, not the angels of heaven, but my Father only.” (Matthew 24:32-36)
We are at the end of a generation that will see the coming of the Lord Jesus in the clouds of heaven, that Jesus called “no man knoweth the day or the hour” and is exactly what the feast of Trumpets is called. Is it a clue to the coming of our Lord, based on His Feast of Trumpets and the next in line for fulfillment, much as He fulfilled His Spring Feast for the “plan for mankind”?
If Jesus comes this fall, and only God knows, then my friend, you will witness all “hell on earth” begin and grow more destructive in a crescendo wave of the annihilation of most of mankind.
If what is suggested comes to pass, and friend, I use this in all humbleness, when literal “hell on earth” comes to roost in your own front yard, who will you call to? Will you cry out to your congressman, your senator, or even the president of the USA? Will your government help you, your senator, or your congressman? No, my friend, nobody will come to your aid. When this scenario or any part of it does come to fruition, then there is only One that can help you. He is the Holy One of Israel, the Great I AM that I AM, God Almighty, through His Son, Jesus Christ.
Isaiah 1:18 “Come now, and let us reason together, saith the LORD: though your sins be as scarlet, they shall be as white as snow; though they be red like crimson, they shall be as wool.
“For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.
17 For God sent not his Son into the world to condemn the world; but that the world through him might be saved.
18 He that believeth on him is not condemned: but he that believeth not is condemned already, because he hath not believed in the name of the only begotten Son of God.” (John 3:16-18)
King James Version
8 But what saith it? The word is nigh thee, even in thy mouth, and in thy heart: that is, the word of faith, which we preach;
9 That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved.
10 For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation.
11 For the scripture saith, Whosoever believeth on him shall not be ashamed.
12 For there is no difference between the Jew and the Greek: for the same Lord over all is rich unto all that call upon him.
13 For whosoever shall call upon the name of the Lord shall be saved.
Think not that you can weather the coming storm all by yourself. The Son of Man, Jesus Christ could be on the very cusp of His return. I make no prediction, but “No man knoweth the day or the hour” (Matthew 24:36) a term used for the ”Feast of Trumpets” the sign of the King…King Jesus. As He has warned us, we take Him seriously of all who call upon His name and will love His appearing. So come my Lord. We look up expecting our redemption as it draweth nigh.
This is Pastor Mike Taylor, praying that God reveals Himself to you, through His Son, Jesus Christ. If you need prayer, counseling, or just a listening ear, email me at email@example.com, . Or visit me online for more biblical lessons in Christian living and prophecy commentaries. God bless you all, till we meet at Jesus feet…….soon.
Did Israel Just Sabotage an Iranian Drone Factory? – Adam Eliyahu Berkowitz - https://www.israel365news.com/191137/did-israel-just-sabotage-an-iranian-drone-factory/
When you take the field against your enemies, and see horses and chariots—forces larger than yours—have no fear of them, for Hashem your God, who brought you from the land of Egypt, is with you. Deuteronomy 20:1 (The Israel BibleTM)
While rockets from Gaza rained down on Israel and Arab rioting filled the streets, another story of the conflict between Israel and Iran was quietly unfolding.
The story began last Monday night when six rockets were fired at Israel from southern Lebanon. All fell short of the border and landed inside Lebanese territory and the IDF responded by targeting the source of the rocket launch in Lebanon with tank and artillery shells. There were no reports of casualties or damage and the incident seemed over, with no lasting repercussions.
At around 4 AM on Tuesday, the IDF shot down a drone that was approaching the northern section of the Israeli-Jordanian border near the Israeli city of Bet Shean.
“The UAV was being monitored by IDF air control units. The fragments of the UAV were collected by security forces,” the military said.
On Thursday, Prime Minister Netanyahu announced that the drone was determined to be manufactured in Iran and it was armed with explosives. The suspected launch site for the drone was either Iraq or Syria.
In a similar case in 2018, a drone was flown from Syria into northern Israel before it was shot down by an Israeli helicopter.
Coincidentally, on Friday, a post on the website of Iran’s Revolutionary Guards announced the production of a new combat drone dubbed “Gaza” in a tribute to Palestinians. The new drone is purported to be able to carry13 bombs while flying at over 35,000 feet at a speed of almost 200 mph for 20 hours.
In a seemingly unrelated incident, Iran announced an explosion and fire at a chemical and fireworks factory in the central province of Isfahan in Iran early Sunday morning. Nine people were hurt in the incident. The Mehr state news agency reported that “the reason for the explosion at the Sepahan Nargostar chemical industry is under investigation.”
Post on social media by local residents reported that the ground shook from the explosion at the chemical factory.
The Guardian reported on Sunday that the complex reported as a chemical factory was, in fact, a factory for producing drones.
“The Iran Aircraft Manufacturing Industrial Company (Hesa), which produces a variety of aircraft and drones for Iranian and pro-Iranian forces, is located in the complex owned by Sepahan Nargostar Chemical Industries,” the Guardian wrote. “There was no independent confirmation of the cause of the explosion or the precise factory hit.”
Israel has been accused of sabotaging Iranian facilities in the past, most notably the Natanz nuclear site in April. The incident took place one day after a chain of 164 advanced IR-6 uranium enrichment centrifuges went online at the site.
Nearing Midnight: Will the Dollar Lose Its Reserve Currency Status? – Todd Strandberg - https://www.raptureready.com/category/nearing-midnight/
The U.S. has a very special and privileged relationship with the rest of the world. We control the reserve currency that 85% of all trades are conducted with. This puts us into a position where foreign nations send us goods and we send them dollars.
The one thing the dollar has going for it is that there is so much of it in the world, it can be used for large transactions. If a nation is going to buy $3 billion of oil from Saudi Arabia, it’s not going to use Russian rubles. As the supply of dollars soars into the tens of trillions, people are starting to worry about the number of dollars in the system.
When we were on the gold standard, global trade remained largely balanced. If a nation imported too many goods, the value of its currency would decline as gold left the country. America had a surplus in its trade with the world. It built a horde of gold of 22,000 tons. When it began spending too much money on imports, our reserve of gold dwindled to $8,000 tons. When Nixon closed the “gold window” on the convertibility of dollars into gold, the U.S. government was free to print all the dollars it needed to fund America’s financial deficits.
Many nations realize that they are getting the short end of a bad deal, but nobody can think of a better system. The Chinese tried to get the world to use its currency, the Renminbi. President XI traveled the world, signing one trade agreement after another. Nothing happened because the Renminbi doesn’t freely float exchange markets. People can’t trust a currency that they don’t know what its true value is.
The imbalance in trade between the U.S. and the world has become so extreme, something will have to change in the coming years. In 1987 the U.S. had a monthly trade deficit of $17 billion, which helped lead to the stock crash of that year. Today we have a trade deficit of nearly $100 billion a month, and most people on Wall Street have no concern.
The Ford Motor Company recently reported low earnings because it could not get the microchips needed to produce many of its vehicles. It had an 18% decline in sales. Since these chips almost solely come from Taiwan, the lack of them should be a wake-up call for Detroit to have a more redundant supply chain.
General Motors has the same problem with the lack of chips. The company said it was building some full-size pickup trucks without software that helps manage fuel consumption, reducing miles per gallon. “By taking this measure, we are better able to meet the strong customer and dealer demand for our full-size trucks,” a spokeswoman said.
What is truly amazing is how much food we import. Many companies import apple juice from nations like Turkey and Poland. I looked at my bottle of olive oil, and it said the country of origin could be Argentina, Greece, Italy, Tunisia, or Spain. America is surrounded by three bodies of water, and yet we import 75% of our shrimp.
We don’t seem to mind that food standards are lacking in some of these nations. Many farmers mix their olive oil with peanut oil or use oil that is rancid. We don’t care as long it’s cheaper than oil produced here in America.
I can only wonder what would happen to America if the world woke up and started selling the horde of dollars they’ve accumulated. If the value of the dollar declined, we’d still need to import goods. With the dollar dropping, we’d need to spend more dollars to get the same amount of products.
If the dollar crashes, we will have to start producing goods here at home. It would take a very long time to build a factory that could make microchips. Many of the components needed to manufacture the chips are produced in other nations. We have become so dependent on other nations for even the simplest product, I doubt I’ll live to see America return to its greatness.
I firmly believe that when God calls His church home, America is going to implode. The loss of millions of people would be reason enough for a financial meltdown. Every time I write about America’s economic problems, I can only conclude that God’s restraining hand is the only way that such a profligate nation could avoid total collapse.
“For God hath not appointed us to wrath, but to obtain salvation by our Lord Jesus Christ” (1 Thessalonians 5:9).
Warnings Of A Dramatic Inflationary Collapse Just Keep Getting Louder - by Michael Snyder - http://theeconomiccollapseblog.com/warnings-of-a-dramatic-inflationary-collapse-just-keep-getting-louder/
Signs of impending economic doom continue to grow all around us. For years, highly respected experts have been warning about the steady destruction of our standard of living and the death of the U.S. dollar. Perhaps you didn’t listen to those voices at first, and that is understandable. Most Americans have their hands full making a living and taking care of their families. But then housing prices started to go absolutely nuts, health costs continued to spiral out of control and a trip to the grocery store just kept getting more painful. At this point, nobody can honestly deny that inflation has become a major problem.
But even though the chorus of voices that is warning of a dramatic inflationary collapse is growing by the day, the Federal Reserve just keeps pumping more giant piles of money into the financial system, and the federal government continues to engage in the most reckless spending binge in the entirety of U.S. history.
Despite the utterly insane policies of our “leaders”, the U.S. economy continues to languish in economic purgatory. Trillions upon trillions of dollars have been poured into the economy, and yet the U.S. still has 8.2 million fewer jobs than it did last February.
They had hoped to create an “economic boom”, but instead they are setting the stage for an implosion of epic proportions. In fact, John Williams of shadowstats.com insists that we are “eventually headed into a hyperinflationary economic collapse”…
So, is the choice inflation or implosion? Williams says, “That’s the choice, and I think we are going to have a combination of both of them. I think we are eventually headed into a hyperinflationary economic collapse. It’s not that we haven’t been in an economic collapse already, we are coming back some now. . . . The Fed has been creating money at a pace that has never been seen before. You are basically up 75% (in money creation) year over year. This is unprecedented. Normally, it might be up 1% or 2% year over year. The exploding money supply will lead to inflation. I am not saying we are going to get to 75% inflation—yet, but you are getting up to the 4% or 5% range, and you are soon going to be seeing 10% range year over year. . . . The Fed has lost control of inflation.”
And remember, when the Fed has to admit the official inflation rate is 10%, John Williams says, “When they have to admit the inflation rate is 10%, my number is going to be up to around 15% or higher. My number rides on top of their number.”
You don’t want to believe Williams?
That is fine.
He has just been right time after time over the years.
But feel free to ignore him if you wish.
If you are determined to ignore the truth, you probably will not like what Egon von Greyerz is saying either…
As technological developments and markets go parabolic, we observe many market “experts,” even intelligent ones, forecasting that we are now in an exponential economic era. Thus many believe that this will go on forever. This is the typical attitude at market and economic tops and guarantees that THIS WILL NOT END WELL!
It is clearly absolute nonsense to believe that exponential expansion based on deficits, debts and fake money is the beginning of a new era. Anyone studying the economy and history of markets knows that exponential moves indicate the end of an era and not the beginning. As I have repeatedly said, history is our best teacher and it both rhymes and repeats itself. And history now gives us dire warnings.
If you wish to reject what these experts are telling us, can you point to another time in history when officials have wildly created new money and everything has turned out just great?
“New money” is always such a tempting solution, because every time it always seems to work at the beginning. It is kind of like a tonic that instantly makes you feel better for a few hours but that ultimately kills you in the end as you keep taking it.
Now that we have greatly accelerated our journey toward an inflationary collapse, even Warren Buffett has started to sound the alarm…
“We are seeing substantial inflation,” Warren Buffett told attendees at last week’s annual Berkshire Hathaway shareholder meeting. “We are raising prices. People are raising prices to us, and it’s being accepted.”
Ordinary Americans are searching for “inflation” online more frequently now than they have in more than a decade, data from Deutsche Bank strategist Jim Reid shows.
But CNN insists that everything is going to be just fine.
So that means that we don’t have anything to be concerned about, right?
Personally, I am deeply concerned about the second half of this calendar year, and it appears that I am not the only one. Billionaires and corporate insiders have been offloading stocks at a very brisk pace in recent weeks…
When the country’s CEOs and billionaires start to head to the exits a little bit quicker than usual at the tail end of a 13 year bull market, it may be time to start paying attention.
That’s what we found noteworthy about a recent Bloomberg piece, which noted that stock sales by some of the world’s richest shareholders are “reaping a windfall”, thanks to our current inflated equity markets, “to the tune of trillions”.
Amazon.com’s Jeff Bezos and Google co-founder Sergey Brin are just two of the well known names that have been offloading stock. They are joined by names like Mark Zuckerberg and Larry Ellison.
If you have been snoozing for the last few years, now is the time to wake up.
Because we are steamrolling toward an economic implosion that will make the history books, and our economic problems are just one element of the “perfect storm” that our society is facing.
But a lot of people out there are going to be absolutely blindsided by what is coming, because they have no interest in listening to the warnings.
Instead, they have placed their trust in the talking heads that the corporate media puts on television, and those talking heads keep assuring us that everything is going to be just fine.
Daily Jot: Tolerating or standing against hate - Bill Wilson – www.dailyjot.com
The recent terrorist attack on Israel has brought out the haters of Jews in America. Like roaches from that darkest dankest places, they emerged, stirring up violence with a common chant, “Kill the Jews.” This is like Nazi Germany history repeating itself, except this time it is in the land of the free and home of the brave. People, we need to denounce this hate speech, this horrible sentiment, in no uncertain terms. The entire country is ablaze with nasty people saying nasty things. They have gone over the top with weaponizing race, ethnicity, politics—you name it, if there is a way to hate, the haters are making it and taking it. These are the same people who go overboard with slogans like “Hate doesn’t live here.”
What we are seeing is that people are protesting by channeling their hate toward groups of people under the mask of a political belief. Both are very dangerous. This goes far beyond the right to free speech, which they have a right to express, but it doesn’t make them right. It goes to the heart of a civilization. The most concerning thing about the riots we have witnessed and tolerated, still ongoing, is that they are destroying property, occupying areas and are violent against others because they are upset about a social ill. In reality, they are advocating an overthrow of the government, which means they demand nothing less than replacement of freedom and liberty with the chains of anarchy and Marxism. They are pawns of a greater cause, but are too blinded by their hate to see it.
We are witnessing elected officials using sly words to espouse and incite hate, and it is actually being tolerated. The recent protests and harassment against Jews by supporters of terrorists are an example. This is how it starts. The seeds of hate are being watered by the words of the haters. It must stop. You see, all the hate is causing such vitriol that if it doesn’t stop, we risk the historic outcome of death and ultimate destruction. There is a right and a wrong. When the head of Hamas, for example, is bragging about how Hamas targeted groups of Jewish civilians with rockets, and a President of the United States demands Israel cease its defense against it, the cry “Never Again” has renewed meaning.
When the actions of Hamas are celebrated in the streets of America and our leaders do not denounce them or it takes days after such a hate-filled protest for the President of the United States to even acknowledge the issue, we have a deep problem as a society. This weaponization of race and ethnicity must stop before it goes systemic deadly. As in the Psalm of David, Psalm 26:3-5, “For your lovingkindness is before my eyes; and I have walked in your truth. I have not sat with vain persons, neither will I go in with dissemblers. I have hated the congregation of evildoers: and will not sit with the wicked.” There is right and wrong. And these days the wrong is being not only tolerated, but hailed as just. Pray, speak, stand against it that it may not engulf us.
Daily Devotion: Why Keep Praying? - by Greg Laurie – www.harvest.org
The Lord is not slack concerning His promise, as some count slackness, but is longsuffering toward us, not willing that any should perish but that all should come to repentance. —2 Peter 3:9
Billy and Ruth Graham once had a prodigal son named Franklin. He lived a rebellious life, but his parents never gave up on him. They just kept praying, and ultimately, Franklin came back to the Lord. Today, he’s someone whom God is using powerfully.
What an example for us to keep praying for our children and not give up on them. Of course, the Devil will whisper in your ear and tell you that it’s too late for your kids, and they’ll never change. But don’t listen to him. He’s a liar and the father of lies (see John 8:44).
If you have a son or daughter who has taken a prodigal turn, don’t give up on your child. Both of my sons were prodigals for a time, but they returned to the Lord. So keep praying, because your child isn’t beyond God’s reach. And by the way, you’re praying according to the will of God when you’re praying for someone to come back to the Lord. So keep praying.
In fact, Luke 18:1 tells us that “Jesus told his disciples a story to show that they should always pray and never give up” (NLT).
On the other hand, if you’re the prodigal child, I want you to know that you’re breaking your parents’ hearts. Whatever you’re chasing after isn’t going to satisfy you, and eventually you’ll come to the end of it. But I hope that you don’t come to the end of it at the end of your years and, as a result, throw your life away. You need to come back to the Lord.
The Bible tells us that God is “not willing that any should perish but that all should come to repentance” (2 Peter 3:9 NKJV). It’s the heart of God to see people come to Him—or come back to Him.
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"Folks, it's all beginning to unravel. America is in more danger of falling than at any time in its history. But I believe Bible prophecy predicts this very decline. From this point on, we believers have to get serious. We are going to face discouragement, disillusionment and, most certainly, persecution in the time between now and the Rapture. But don't be discouraged or disillusioned. The coming turmoil will provide us unrivaled opportunities to share the good news of the Gospel. So be ready to share your faith and your hope with those who need Christ. We still have time to reap a great harvest of souls for God's kingdom!" - Hal Lindsey
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