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The Coming Financial Collapse and the Great Reset - Britt Gillette - http://www.end-times-bible-prophecy.com/the-coming-financial-collapse-and-the-great-reset.html
As the global economy wrestles with rising fuel and food prices, several financial executives have warned of further trouble ahead. In early June, JPMorgan Chase CEO Jamie Dimon warned of trouble in the weeks and months to come, comparing the current financial landscape to the time just before a hurricane hits. "It's a hurricane," he said. "Right now, it's kind of sunny, things are doing fine, everyone thinks the Fed can handle this. That hurricane is right out there, down the road, coming our way. We just don't know if it's a minor one or Superstorm Sandy or Andrew or something like that. You better brace yourself." Wells Fargo CEO Charlie Scharf echoed those concerns. "The scenario of a soft landing," he said, "is extremely difficult to achieve in the environment that we're in today." Not to be left out, Goldman Sachs President John Waldron said. "This is among - if not the most - complex, dynamic environments I've ever seen in my career. The confluence of the number of shocks to the system to me is unprecedented." This is the situation we find ourselves in following decades of fiscal and monetary policy mismanagement. All the world's major economies use fiat currencies, meaning nothing backs their currencies except faith in the governments behind them. Central banks, such as the Federal Reserve, oversee monetary policy, and their policies have brought us one crisis after another. For instance, loose monetary policy in the late 1990's helped blow the Dot Com Bubble. Once that bubble popped, the central banks lowered rates even further. This fueled a bubble in housing and mortgage backed securities, the bursting of which led to the Great Financial Crisis. The central banker reaction to that led to another stock market bubble that started to pop in March 2020 due to the COVID lockdowns. The central banker reaction to that blew major bubbles in stocks, bonds, housing, cryptocurrencies, and a host of other markets. All along the way, with each busted bubble, central bankers and politicians rewarded corrupt and incompetent bankers and business executives with huge bailouts. Politicians and central bankers have done everything in their power to avoid the pain of a recession or even a major stock market correction. But no matter how hard they try to avoid the inevitable, a day of reckoning will come. They can distort the free market, but they can't hold off the consequences forever. Sooner or later, the bill comes due, and that brings us to the present day. The COVID economy stayed alive because of unprecedented policy actions. Zero percent interest rates with central banks buying corporate bonds, junk bonds, and government bonds. Stimulus checks, enhanced child tax credits, rent/mortgage moratoriums, PPP loans, and student loan deferments. Almost all of these things have come to an end, and now rising prices for food and fuel are wreaking havoc on the global economy. The Road Before Us Decades of foolish policies have put central bankers in a no-win situation. Since COVID, it's only gotten worse. In an effort to avoid a lockdown-induced depression, central bankers and politicians flooded the world with trillions of dollars in new currency. Their answer to a crumbling economy was to throw more and more currency at an ever-expanding list of government aid programs and targeted bailouts. The result? Multi-decade highs in inflation. How will the policymakers react? They only have two options: Option #1): Tighten Policy - To fight inflation, central bankers can increase key interest rates within the banking system and reverse their policies of buying bonds and mortgage backed securities (known as quantitative easing). The central banker belief is this will cause "demand destruction" (i.e. a slowing economy) and inflation will cool to lower levels. The risk? They could overshoot. They could slow the economy too much and cause a global recession or even a depression. Option #2): Do Nothing or Loosen Policy Even Further - To avoid slowing the economy too much, central bankers could choose to keep interest rates low and continue quantitative easing. This lessens the risk of recession/depression, but it also risks fanning the flames of the inflation fire. When people come to expect high inflation year after year, it becomes a self-fulfilling prophecy. At that point, inflation gets out of control and can quickly turn into hyperinflation. Which Road Will We Choose? Expect today's central banks to go with Option #1 - at least initially. In fact, they're doing it now. Inflation is bad for politicians and their re-election prospects. Have no doubt, they're applying maximum pressure on the central bankers to bring it under control. But expect everyone to reverse course soon. Why? Because at some point, as conditions tighten, everything will crash. Right now, inflation is the world's great menace. Stopping it is priority number one. All that will quickly change when the crash comes. The Asset Bubble Collapse Higher interest rates and an end to quantitative easing will put immense pressure on the global economy. Decades of accumulated debt and misallocation of capital will cause the global financial system to crash. How overvalued is the stock market? Even after the recent 24% decline in the S&P 500, the Buffett Indicator shows this is still the most overvalued stock market in history - even more overextended than the Dot Com Bubble. After a 40 year bull market in bonds, the bond market peaked in 2020. If interest rates continue to rise (which is likely in an inflationary environment), the bond market will sell off significantly. The same is true of real estate. 2020 and 2021 saw record low mortgage rates and a boom in housing prices. As we approach the mid-point of 2022, mortgage rates have more than doubled from their all-time lows. The result should come as no surprise. Home sales have come to a screeching halt. If this continues, expect a huge downturn in the housing market. As if a simultaneous bursting bubble in stocks, bonds, and real estate weren't enough, they pale in comparison to another bubble about to burst - the derivatives market. Derivatives are financial contracts whose value is determined by the value of other assets. Examples include corn futures, stock options, credit default swaps, and other contracts. How big is the global derivatives market? No one knows. But some estimates peg it at over $1 quadrillion. The Crash When the derivatives markets start to implode, the whole system will come crashing down. We saw a preview of this in 2008 when Lehman Brothers declared bankruptcy. They owed money to some of the largest financial institutions in the world, and the Lehman implosion put many of those companies on the verge of collapse. Fearful to lend anyone money, credit markets froze. The economy went on life support as the world stared into the abyss of a deflationary spiral. What is a deflationary spiral? The Great Depression is the most famous example. In a deflationary spiral, credit contracts and the overall money supply shrinks. People cut spending. Workers lose their jobs. Debt levels become a massive burden. Businesses fail and bankruptcies rise. Unemployment spikes. Breadlines form. All this sounds terrible, and it is. A deflationary spiral is a painful event for all of society. It foments riots and calls for revolution. Yet, the pain of deflation is necessary to clear the economy of bad debt and poorly managed enterprises. Despite that, central bankers and politicians try to avoid deflation at all costs. Why? Because that temporary economic pain threatens their power. I believe the current campaign to hike interest rates and tighten financial conditions will result in a deflationary crash. How will the politicians and central bankers react? The same way they did last time. Only this time, the outcome will be quite different. Worldwide Weimar Hyperinflation After enough pain takes hold, politicians and central bankers will ditch Option #1. Faced with a deflationary depression that threatens their power and position, they'll immediately move to Option #2 on steroids. Here's what they’ll do:
When you see the arrival of universal basic income, you can be sure the final collapse has arrived. Trillions of new currency units will flood the global economy, and we'll be on the road to hyperinflation. The Weimar Republic gave us the most famous example of hyperinflation. Crushed under a mountain of post-war debt and reparations, Germany printed more and more currency to meet its obligations. The result was a massive loss of purchasing power for the German mark. Prices rose at breakneck speed to reflect the new reality. A 160 mark loaf of bread at the end of 1922 cost over 200 billion marks less than a year later. In one story from that time, a woman carried a wheelbarrow of marks to the bakery just to buy a loaf of bread. When she went into the bakery, someone stole her wheelbarrow, but left the pile of worthless marks. That's how quickly the currency lost its value. All this happened because an unrestrained government vastly increased the supply of currency, and basic economics says when supply increases without an increase in demand, price falls. In other words, the citizens of Germany quickly figured out that what they thought was "money" was nothing more than worthless pieces of paper. The mark wasn't anchored to gold, silver, or anything of real value. Once this reality came to light, the world lost all faith in the mark, and its purchasing power plummeted. Eventually, it became worthless. Today, all the major market economy currencies are fiat currencies. This means a hyperinflationary event will be global - and the world will demand a global fix. A Dangerous Economic Crisis So what does all this mean? It means a major economic crisis is on the horizon. It may be the worst global economic crisis ever - worse than the Great Depression. In times of chaos and economic instability, dangerous political leaders and demagogues capture the public imagination. Past economic crises led to the rise of Napoleon, the launch of the Bolshevik Revolution, and the consolidation of German state power in the hands off Adolph Hitler. All these events had grave consequences for the entire world, not just the individual nations in question. Why should we believe this time will be any different? We shouldn't. In a recent interview, Berkshire Hathaway Vice Chairman Charlie Munger had this to say: "Think of all the Latin American countries that print too much money. They get strongmen and so forth. That's what Plato said happened in the early Greek city state democracies. One person, one vote. A lot of egality and you get demagogues, and the demagogues lather up the population and pretty soon you don't have your democracy anymore. I don't think that was a crazy idea on Plato's part. I think that accurately described what happened in Greece way back then, and it's happened again and again and again in Latin America. We don't want to go there. At least I don't. Not only do we have a serious problem, but the solution to it that is the easiest for the politicians, and for the Federal Reserve too for that matter, is just to print more money and solve the temporary problems that way. And that, of course, is going to have some long-term dangers. And we know what happened in Germany when the Weimar Republic just kept printing money, the whole thing blew up. And that was a contributor to the rise of Hitler. So all this stuff is dangerous and serious, and we don't want to have a bunch of politicians just doing whatever is easy on the theory that it didn't hurt us last time so we can double it and do it one more time and then we double it again and so forth. We know what happens on that everlasting doubling, doubling, doubling. You will have a very different government if you keep doing that enough. And so you're flirting with danger somewhere, unless there's some discipline in the process." At 98, Charlie Munger has spent a lifetime studying business and economic history. He's seen a wide variety of business cycles and economic conditions. He thinks the current environment is "flirting with danger." What's Next? So what happens now? Once the world experiences a massive inflationary spiral, the current monetary system (in place since 1971) will come to an end. A new monetary system will rise from the ashes. What will it look like? We don't know for sure. But in all likelihood, it will be built upon some sort of digital currency. Central banks openly discuss their plans to replace national currencies with new cryptocurrencies, giving their governments unprecedented power. With such power, not only will government be able to track everything you buy or sell, it will be able to kick you out of the economic system - just as the Bible says. If government cryptocurrencies replace paper currencies, individual freedom and liberty will disappear. Governments will be able to "turn off" an individual's cryptocurrency. That means if you do something the government doesn't approve of, they'll be able to shut down your ability to buy and sell. The Canadian government already showed its willingness to do this when it cut off financial access to anyone who supported the Canadian trucker protest. The Bible says this is precisely what will happen in the end times. The Antichrist will establish a global system of commerce. His system will play a part in every economic transaction on earth. It will be so dominant, no one will be able to buy or sell anything without the Antichrist's approval (Revelation 13:17). We're fast approaching a time the prophets warned about. We see the foundations of the Antichrist's economic system coming into place today. We just experienced a global pandemic (Luke 21:11). A global famine is on the horizon (Matthew 24:7). Israel is back in the land (Jeremiah 23:7-8). The Jewish people are back in Jerusalem (Luke 21:24-28). And the Gospel is being preached throughout the world (Matthew 24:14). Make no mistake. The tribulation, the Antichrist, and global government are part of the world's immediate future. But don't despair, this also means the return of Jesus is part of our immediate future (Revelation 22:20). His is an everlasting kingdom (Daniel 2:44) with no more death or crying or pain (Revelation 21:4). So keep your eyes fixed on Him! Russia Expresses ‘Serious Concern’ Over Alleged Israeli Strikes In Damascus, Syria – By TV7 - https://harbingersdaily.com/russia-expresses-serious-concern-over-alleged-israeli-strikes-in-damascus-syria/ Unidentified aircraft fired missiles at the Damascus International Airport a week ago, causing the suspension of all incoming and outgoing flights until further notice. The regime of Syrian President Bashar al-Assad has accused Israel of responsibility for the attack. The Kremlin, one of Assad’s most powerful allies, has been militarily involved in the Syrian Civil War since 2015 to help turn the tide in Assad’s favor against insurgents. Russia’s Deputy Foreign Minister Mikhail Bogdanov met with Israeli Ambassador Alexander Ben Zvi in Moscow to discuss the strikes, which he clearly blamed on the Jewish State. “Serious concern was again expressed over the June 10 Israeli air force attack on the civilian airport of Damascus, which damaged the runway, navigation equipment and buildings, and disrupted international civilian air traffic,” said a Russian Foreign Ministry after the meeting. After being informed that “the justification received from the Israeli side regarding the strike” was “unconvincing,” the statement underscored that “Moscow expected additional clarification.” The two countries establisheda “deconfliction mechanism” to prevent inadvertent clashes between their militaries in Syria amid frequent alleged IDF strikes against Iranian deployments and arms transfers to its proxies in the neighboring Arab Republic. An Israeli military spokesperson declined to comment on the 10 June strike, but Jerusalem has previously acknowledged an ongoing campaign against Iranian-linked targets in Syria, where Tehran-backed forces, including Lebanon’s Hezbollah terror organization, have deployed to help Assad. According to the Syrian Observatory for Human Rights (SOHR), the Israeli attack had targeted “warehouses of Iranian militias” near the airport. Iranian Foreign Minister Hossein Amirabdollahian condemned the attack as a “clear violation of Syria’s sovereignty and territorial integrity… (and) contrary to international law and human principles” during a telephone call with his Syrian counterpart Faisal Mekdad, according to the Islamic Republic’s official media. Israel, whose main ally is the United States, condemned Russia’s 24 February invasion of Ukraine as “a serious violation of international order,” but has since remained largely muted on Moscow’s actions. When asked about prospects for continued coordination with Russia over Syria, the Israeli Defense Forces underscored that it “will act when needed to counter threats, defend the people of Israel and our sovereignty.” Israel has carried out numerous strikes in the region of Damascus and elsewhere, working to prevent the transfer of weapons and an Iranian foothold in the Syrian country, which borders the Jewish State to the north. The urgency to prevent an Iranian presence in the region has only been heightened as the Islamic Republic, which is brazenly vocal in its desire to obliterate Israel, inches closer to obtaining a nuclear weapon. Although many may simply view Israeli strikes in Syria as a regular occurrence in the region, Christians take particular notice when discussing military actions in the country’s capital. That is because Damascus, which is the longest continually inhabited city in the world, has its future end detailed in Scripture. Jack Hibbs, the senior pastor of Calvary Chapel Chino Hills, during the last Israel strike near Damascus on May 21st, explained the city’s Biblical significance. “For those of us who know our Bibles, it’s always an attention-getter whenever we hear about Damascus being involved in any form of warfare,” Hibbs described. “The book of Isaiah chapter 17 tells us that there will be an utter and total devastation that comes to the city of Damascus.” Isaiah 17:1 reads, “The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap.” “With all that’s going on in the world right now, keep your eye on the news with your Bible open,” Pastor Hibbs underscored. “It may be that such an event will trigger either a regional or world war…” According to Hibbs and many other Bible Prophecy students, Damascus’s future destruction may also be the catalyst for “the Ezekiel 38 battle” in-which Russia, Iran, Turkey, and others come together from the north, with weaponry supplied by Russia, to attack the Jewish State. Global Digital ID With Real-Time Tracking Of Everyone & Everything Is Coming – Didi Rankovic - https://www.prophecynewswatch.com/article.cfm?recent_news_id=5434 The World Economic Forum's obsession with not only merely digitization, but digitalization as a means of tracking and control, is manifest in yet another document that has come out of the group. This time, the WEF is joined by the World Trade Organization (WTO) in drafting their thoughts on what the future of trade, but also, when all's said and done - humanity - should look like. The joint report, The Promise of TradeTech: Policy Approaches to Harness Trade Digitalization, came out in April, and addresses end-to-end trade digitization to include a digital ID certification framework that would, needless to say, be global - and apply to physical and digital objects, but also, people, i.e., natural persons. Even now, when the pandemic, the supply chain mayhem, and many key geopolitical trends are showing that the heyday of globalization is over, this concept remains firmly embedded in the thinking of the Davos-based WEF, and, it turns out, of the WTO, also based in Switzerland. The report explains the need to build "end-to-end trade digitization" - where natural and legal persons and objects are treated equally - with so-called identity silos, or identity domains, no longer viable. In other words, interoperable ID systems must become "global." WEF's "spiritual leader" and its founder Klaus Schwab in 2017 wrote in his book, The Fourth Industrial Revolution, that people and movement would soon be treated the same as "any package, pallet or container" - with these physical objects at the time tracked only by radio frequency identification (RFID) tags, sensors, and transmitters. That idea seems to have matured in the meanwhile with a number of digital ID and tracking initiatives that have come out of this year's gathering in Davos, and the new WEF/WTO report notes that not only movement and location, but also performance and contribution to "a global circular economy" can be monitored thanks to traceability. There's also a name for what a future set on such foundations is likely to spawn: "digital dictatorships." Control and monitoring has been at the heart of any dictatorship since the dawn of time, and the digital world is providing more tools than ever to achieve just that. The topic of RFID tags emerged during this year's WEF, held in May, a month after the publication of the report, and this time it was more concrete in the way the technology described as applied to humans. Short of wearing tracking devices under one's skin, the next best thing - from the point of view of monitoring and tracking enthusiasts - is to place them "onto" people's skin, by way of the clothes they wear. Active RFID tags send out a signal all the time, which is expensive but handy for real-time tracking, while passive tags are the less expensive variety often used in various packaging. What they had in common in the past is that they were clearly visible. But there are companies now like Swicofil who produce RFID fibers and yarns that are "high performance" - and lasting a long time, since they can be integrated into clothing and are washable. In other words, not something you're likely to notice and peel off. There are also those who already specialize in putting together RFIDs and biometrics, like facial recognition data. While RFID technology automatically identifies tags that are placed on objects, biometrics come in to identify the actual person, and reports say that this is used to automate employee monitoring. Yuval Noah Harari, popular with the likes of Meta CEO Mark Zuckerberg, introduced on the WEF website as historian and philosopher who co-founded Sapienship - "a multidisciplinary organization advocating for global responsibility and clarifying public conversation" in terms of technological disruption, ecological collapse and the nuclear threat, spoke in Davos in 2020, to share insights such as that those who have enough data about a person can "hack" their "body, brain, life." Omnipresent tracking certainly provides a massive amount of data, including biometrics, while Harari seems to think that "reverse engineering" of human beings is what can easily happen next. "By hacking organisms, elites may gain the power to re-engineer the future of life itself. Because once you can hack something, you can usually also engineer it," he said. Nearing Midnight: The FBI Is Turning into the KGB – Todd Strandberg - https://www.raptureready.com/category/nearing-midnight/ The Federal Bureau of Investigation (FBI) is the domestic intelligence and security service of the United States. It has a range of legal authorities that enable it to investigate federal crimes and threats to national security, as well as to gather intelligence and assist other law enforcement agencies. Operating under the jurisdiction of the United States Department of Justice, the FBI reports to both the Attorney General and the Director of National Intelligence. The FBI grows out of the need to provide agencies across the country with information to identify known criminals. The 1901 assassination of President William McKinley created a perception that the United States was under threat from anarchists. The Departments of Justice and Labor had been keeping records on anarchists for years, but President Theodore Roosevelt wanted more power to monitor them. During the “War on Crime” of the 1930s, FBI agents apprehended or killed a number of notorious criminals who committed kidnappings, bank robberies, and murders throughout the nation, including John Dillinger, “Baby Face” Nelson, Kate “Ma” Barker, Alvin “Creepy” Karpis, and George “Machine Gun” Kelly. The FBI doesn’t have a spotless record. During World War II, thousands of Japanese Americans were put into internment camps. On February 19, 1942, President Franklin Roosevelt issued Executive Order 9066, authorizing the removal of Japanese Americans from the West Coast. Anyone who refused to go into confinement was arrested by FBI Agents. During the 1950s and 1960s, the FBI was mostly on the wrong side of the civil rights movement. FBI officials became increasingly concerned about the influence of civil rights leaders, whom they believed either had communist ties or were unduly influenced by communists. The FBI has been criticized for inaction on solving the murders of George W. Lee, Emmett Till, and other blacks in the South. The Bureau sent out anonymous “suicide letters” to Black leaders, which included the Rev. Dr. Martin Luther King Jr. Neither executive privilege nor the oversight power of Congress is explicitly mentioned in the United States Constitution. However, the Supreme Court of the United States has ruled that executive privilege and congressional oversight each are a consequence of the doctrine of the separation of powers, derived from the supremacy of each branch in its own area of Constitutional activity. If Congress or the courts could demand any executive-branch communication at any time, the executive would no longer be fundamentally equal in power to the other two. The president couldn’t trust his executive-branch employees if everything he said to them could be made public. Executive Privilege suffered a huge blow when the FBI helped take down Michael Cohen. He served as an attorney for U.S. President Donald Trump from 2006 to 2018. Cohen was a vice-president of the Trump Organization and the personal counsel to Trump and was often described by the media as Trump’s “fixer.” The FBI raided Cohen’s office at the law firm of Squire Patton Boggs, as well as his home and his hotel room in the Loews Regency Hotel in New York City. They were looking for dirt and found a few minor offenses. Once Cohen pleaded guilty to tax evasion and campaign finance violations, he became the left’s stool pigeon. It was troubling to see the president’s former attorney on TV telling Congress that Donald J. Trump is the evilest man who ever lived. Former White House trade adviser Peter Navarro was the latest target of the feds. FBI agents arrested Navarro at Reagan National Airport last Friday on a pair of misdemeanor charges that he acted in contempt of Congress by defying a subpoena from the Jan. 6 House select committee. The vast majority of news stories failed to mention that executive privilege was Navarro’s reason for not complying with the subpoena. Navarro lives a few blocks away from the FBI headquarters. Agents waited until he was at Reagan National Airport so they could arrest him in a true Nazi thug manner. When the FBI arrested Roger stone, they arrived at 6:00 AM with AR-15s and a CNN film crew in tow. The Bible frequently praises government leaders as His servants. When they look after the needs of the people, the FBI is a valuable resource for law enforcement. Today, the FBI has become an extension of the democratic party. The Trump administration had to deal with one crisis after another from politically motivated investigations. The Biden administration has become an even bigger mess. The FBI is still largely focused on Trump and the Jan 6th protesters. Corruption is spreading throughout the financial system because of the lack of oversight. We’ve lost all respect for fairness and trust in the implementation of the law. The ability to use government agencies to go after political enemies is the fast track to tyranny. Someday we will wake up and find that America has turned into a third-world nation. “For he is God’s servant for your good. But if you do wrong, be afraid, for he does not bear the sword in vain. For he is the servant of God, an avenger who carries out God’s wrath on the wrongdoer” (Romans 13:4 ESV). “When the righteous increase, the people rejoice, but when the wicked rule, the people groan” (Proverbs 29:2 ESV). Daily Jot: Stupidocrisy: It’s like riding a bike - Bill Wilson – www.dailyjot.com Some things you just never forget—like how to ride a bike. Unless, of course, you are Joe Biden. Biden was out saving fossil fuel consumption and reducing his carbon footprint with a bike ride. He stopped to greet some people and took a hard fall to the pavement—similar to his job approval ratings which Rasmussen Daily Presidential Tracking shows that 59% of Americans disapprove. Said he got his foot caught. Kind of like he does on a regular basis only this time it was on his bike pedal. The video looks like he forgot to put his foot down when he stopped. The media and the White House downplayed the incident much like they do when he trips and falls going up the tarmac platform to Air Force One. Maybe it’s not fair to make fun of the President, but all this forgetting and tripping and falling seems very symbolic to Biden’s time in office, which is a failure at hyper-speed on behalf of every American citizen. We are paying record high prices for gasoline—something that Biden says is a good thing because it will make us buy electric cars. Well, food prices are also at the highest we’ve seen since Jimmy “Crater” Carter 40 years ago, another president whose policies tanked the US economy, caused gas lines, nearly bankrupted the farming industry, and put a big hurt on the people who elected him. Do you see the pattern? Like Carter, Biden sees no end to the inflation and tells us we just have to ride it out. Most of us would say that it’s downright stupid to force gas prices to such a level that it is putting people in poverty just to drive to work. Most people think it stupid to purposely cause every needed consumer good, such as food, to be something that the elite can only afford. Most people would wonder about the sanity of a person who puts illegals ahead of citizens. Most people might question why law-abiding citizens have their rights to self-defense and personal property taken away when criminals are allowed to shoot, burn and pillage at will. Most people have enough common sense to not want their children indoctrinated with confusing sexual perversion and groomed for child predators. But then again, most people remember how to ride a bike. When you look at the big picture, Biden and his band of World Economic Forum corporations, media and government hacks are not stupid. They are intentionally forcing an anti-American, anti-Liberty agenda down our throats. Who locks down and quarantine’s healthy people? Who ends drilling rights, pipelines and oil production, then blames shortages and high prices on the producers? Who promotes behavior that increases violent crime, then makes the law-abiding pay for it? Who does all this crazy stuff and when people criticize it, hides behind the censorship of private sector corporations and media? 2 John 7 says “For many deceivers are entered into the world” and we know they never forgot how to ride their bikes. Let’s guard our hearts from being taken in by them, otherwise it would be…say it with me…Stupidocrisy. Daily Devotion: The Work of Suffering – Greg Laurie - https://www.raptureready.com/category/nearing-midnight/ “And since we are his children, we are his heirs. In fact, together with Christ we are heirs of God’s glory. But if we are to share his glory, we must also share his suffering” (Romans 8:17 NLT). A while ago I read an unusual story about a man who survived a shark attack. The man actually said he was thankful that it happened. It turns out that when he went to the hospital for treatment, his doctor discovered that he had cancer. They were able to successfully remove a tumor before it metastasized. If the shark hadn’t bitten him, he wouldn’t have known that he had cancer. Who would ever think that a shark attack could end up being a good thing? In the same way, spiritual attacks and trials will come into our lives, but they are opportunities to turn to the Lord and trust Him. We never know how God will take a hardship and use it for our good. The Bible says, “Dear brothers and sisters, when troubles of any kind come your way, consider it an opportunity for great joy. For you know that when your faith is tested, your endurance has a chance to grow” (James 1:2-3 NLT). From the original Greek, we could also translate the phrase “troubles of any kind” to read “many-colored trials.” You might be going through a hardship that’s different from what someone else is going through. But even when things look bleak, God ultimately will work all things together for His glory and your good. God is in control of all circumstances that surround the believer. Remember, before Satan could bring hardships into Job’s life, he first had to get permission from God. The same is true of you. God knows what you can handle. He’s always keeping an eye on you, and His ultimate purpose is to conform you into the image of Jesus Christ (see Romans 8:29). The big picture, then, God’s endgame for you, is to make you more like Jesus. No matter what you’re going through, know this: God is at work in your life. FROM THE HEART Let Us Make the Short Time We have Left, Count for ALL of Eternity! IF YOU HAVE BEEN BLESSED THROUGH THIS MINISTRY, THEN WE ASK THAT YOU WOULD PLEASE REMEMBER PROPHECY UPDATE IN YOUR GIVING - WE ARE TRULY, TRULY, THANKFUL FOR YOUR SUPPORT WORTHY OF YOUR SUPPORT? One of the most reliable ways to determine if a ministry is worthy of your financial support is to examine its fruits. If Prophecy Update is keeping you informed, and if that information inspires you, and causes you to draw closer to the Lord, if Prophecy Update equips you with valuable information and knowledge to share with and encourage other believers, and open the eyes of non-believers, and if Prophecy Update keeps you connected to current events relating to Bible Prophecy, then you are partaking of the fruit produced through this ministry. 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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 1) We need your prayers!- We proclaim the Truth of the Word of God and we are under constant spiritual and sometimes even physical attack. 2) We need your encouragement!- We need to hear from you, let us know how the Lord is blessing you through this ministry so that we can share it with others. 3) We need your input! - If you have a prophetic article or story or if there is a news related item we missed, let us know. 4) We need your financial support!- To put it quite simply, without your support, there would be no Prophecy Update. I ask that you would prayerfully consider partnering with us to get the Word out and keep the world informed. Remember, your gift, no matter how small, does make a difference! You will be helping to touch lives, around the world, 24 hours a day, seven days a week, thanks to the internet your generosity carries a global impact! - Thanks! Our Prayer for You- "Now he who supplies seed to the sower and bread for food will also supply and increase your store of seed and will enlarge the harvest of your righteousness. You will be made rich in every way so that you can be generous on every occasion, and through us your generosity will result in thanksgiving to God. This service that you perform is not only supplying the needs of God's people but is also overflowing in many expressions of thanks to God. Because of the service by which you have proved yourselves, men will praise God for the obedience that accompanies your confession of the gospel of Christ, and for your generosity in sharing with them and with everyone else." 2 Corinthians 9:10-13 If you have been blessed by Prophecy Update and would like to help support this ministry financially. You can make a secure donation online by going to: DONATE NOW Or write us at: Prophecy Update P.O. Box 40516 Bakersfield, CA 93384-0516 We are very pleased to offer all our readers this FREE download on Bible Prophecy from the Evangelical Bible College of Western Australia - Just download and enjoy and be blessed! Feel free to share it with all your friends and family members. Click below to download! "AS YOU SEE THE DAY APPROACHING" If You Died Today, Would You Go To Heaven? Find out, visit: www.thegoodtest.net www.gotquestions.org www.wayofthemaster.com How to know God DID YOU KNOW? You can submit an article, leave a comment or praise report at email: [email protected] Maranatha! (Lord Come Quickly) "On Christ the Solid Rock I Stand, All other ground is sinking sand." "Let Us make the short time we have left count for all eternity!" YBIC-Randy
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