2016 has certainly begun with a bout of violent volatility in the financial markets.  World stock market losses reached $8-trillion in the first three weeks of January alone, with investors fleeing to the perceived safety of government bonds on fears that the global economy could tip into a recession.

I believe we are witnessing the early stages of the collapse of the 225 trillion dollar global debt pyramid (along with the Quadrillion dollar derivatives market).  Whether it be China’s troubles, the faltering US economy, Europe’s inability to resolve the unviability of its periphery countries, plummeting oil prices or unprecedented levels of debt generally speaking, there are so many signs indicating that the world is about to enter a full scale major economic collapse.  And importantly, many of the major central banks are now indicating that they are no longer prepared to keep propping up and inflating this horrendous global credit bubble.  To the contrary, central bankers are now voicing their expectation for a major economic collapse in 2016.

Initially I started writing this as a brief update on few financial events, with the intention of sending a relatively short email.  But due to the number of significant events occurring, it quickly expanded into more than 10 pages.  So I’ve decided to attach a more detailed document on this occasion with a few charts and illustrations.  I’ve grouped my comments under the following headings:

1.       Global Stock Market Collapse – Worst Start to Global Markets on Record

2.       Financial Elites in Davos Warn of Pending Global Economic Collapse in 2016

3.       Central Bank Veteran Expects Epic Defaults and that the global financial system needs a “Jubilee” reset

4.       China in Trouble – George Soros Warns of Hard-Landing for China, and Fall in US Stock Market

5.       US Dollar Strength is Fragile

6.       Europe – On the Verge of a Collapse

7.       Oil Price Collapse – a) Iran’s re-entry into the market will keep prices low

8.       Oil Price Collapse – b) Negative Impact on Venezuela, Canada, US, and more

9.       Oil Price Collapse – c) Negative impact on Russia and Saudi Arabia.  Why Russia can weather the storm.

10.   China’s Trump Card  – Weaken the Petro-Dollar by importing more Oil from Russia and Iran, and Less Oil from Saudi Arabia

 

We are experiencing the birth pangs of a full scale economic collapse, to be followed by an outright social collapse, which will result in a loss of confidence in most forms of money and investment, produce absolute chaos and bring the masses to outright poverty.  Intensification of war (whether it be the “global war on Terror” or specifically between certain countries) is likely to occur simultaneously in order to distract and shift the blame away from those responsible for the bad economic management. 

From a “Big Picture” prophetic perspective, I believe what we are witnessing is the weakening of the Anglo-American monopoly control over global trade and finances (theMerchants of Tarshish, with all the young lions” Ezek. 38:13).  This is necessary for the realignment of nations as per Ezekiel 38, particularly if Europe is to align with Russia instead of its current status of bending to the will of the US/UK and placing economic sanctions on Russia.  The Northern invader needs to have sufficient economic power, not just military power, so that the merchants of Tarshish will be powerless to prevent them from invading Israel and Egypt (in line with Ezekiel 38 and Daniel 11)

We can have confidence that Christ will return to the household of faith before the “time of trouble such as never was” (Dan. 12:1) sets in.  As stated above, in my view we are already experiencing the birth pangs of a major economic breakdown, and it’s important to note that an economic collapse is always a “process” as opposed to a singular event.  But as the economic collapse gathers momentum, this will lead to an outright social collapse, and I believe Christ will return to the household of faith before this happens.  The prophet Isaiah, in the context of the resurrection, states that God’s people (i.e. the saints) will be hidden or protected from the indignation that will engulf the world when God’s judgments are unleashed:

Your dead shall live; their bodies shall rise. You who dwell in the dust, awake and sing for joy! For your dew is a dew of light, and the earth will give birth to the dead. (20) Come, my people, enter your chambers, and shut your doors behind you; hide yourselves for a little while until the fury has passed by.  (21) For behold, the LORD is coming out from his place to punish the inhabitants of the earth for their iniquity, and the earth will disclose the blood shed on it, and will no more cover its slain.  (Isa. 26:19-21; ESV). 

Another scriptural precedent is the fact that Noah and his family, along with all the animals, were given 7 days to enter the Ark before the waters of the flood were upon the earth – “For yet seven days, and I will cause it to rain upon the earth forty days and forty nights; and every living substance that I have made will I destroy from off the face of the earth “ (Genesis 7:4-10).  Hence, the world will face this major economic and social collapse – a time of trouble such as never was – only after we have been called to the judgment seat.

2016 could well be the year that everything changes for the world as we know it, but more importantly for us it could well be the year when we finally witness the return of our Lord and master.  The serious stage of the economic collapse could be triggered by any of the events discussed in detail the attached document.  Ultimately major events in the Kingdoms of Men are ruled over God and the Angels (Dan. 4:17), so the precise timing of the full scale economic and social collapse is actually in the hands of our Father, as opposed to the evil rulers of this day and age.   

There is good reason to believe that we are in a Jubilee year, the time when all debts are wiped out, and property is returned to its rightful owners.   Hence, we ask could this be the year when the debt and credit of the world is wiped out, and the Land of Israel (and ultimately the whole world) will be given to its rightful heir – even the Son of God,  who God has “appointed heir of all things” (Heb 1:2)?

Even So, Come Lord Jesus.

Warm regards in Christ

Matt Jamieson

FinancialCurrentEvents_28Jan16

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