If you read the first two attachments and the article pasted at the end of this email you will probably conclude we must be on the edge of big events, perhaps (it is to be sincerely hoped) the return of our Lord Jesus Christ. What I found fascinating in the article by Michael Snyder (below) is such sentences as this – “I consider myself just to be another watchman on the wall. From our spots on the wall, watchmen such as myself all over the nation are sounding the alarm about what we clearly see coming.” You will find similarly ‘religious’ comments from the clearly irreligious Jeff Berwick in one of the attachments. That in itself is a warning to us. If financial and political commentators in the world can see extraordinary things coming and attribute to it a ‘religious’ flavor, what should we see?
I have attached a PDF file containing two very recent articles on China and its desperate efforts to stave off collapse. The articles tell the full story. Apologies if you have previously seen these as I know some of you have.
An additional PDF contains much of the content of an email recently received from Bro. Matt Jamieson in Sydney. He noted the recent predictions of Jeff Berwick a noted financial advisor who has discovered some very curious patterns surrounding the Shemitah (year of release) and the seven year cycle that has characterised events over the last 100 years. He sees these as converging on September/October 2015 and outlines numerous things slated to occur in that period that reinforce his expectations. See what you think.
However, the significance of these events to us must not be underestimated. Christ was very clear about the state of the world at the time when he sends his angels to raise the dead and collect the responsible living.
Luke 17:26-33 – And as it was in the days of Noe, so shall it be also in the days of the Son of man. They did eat, they drank, they married wives, they were given in marriage, until the day that Noe entered into the ark, and the flood came, and destroyed them all. Likewise also as it was in the days of Lot; they did eat, they drank, they bought, they sold, they planted, they builded; But the same day that Lot went out of Sodom it rained fire and brimstone from heaven, and destroyed them all. Even thus shall it be in the day when the Son of man is revealed. In that day, he which shall be upon the housetop, and his stuff in the house, let him not come down to take it away: and he that is in the field, let him likewise not return back. Remember Lot’s wife. Whosoever shall seek to save his life shall lose it; and whosoever shall lose his life shall preserve it.
Luke 21:34-35 – And take heed to yourselves, lest at any time your hearts be overcharged with surfeiting, and drunkenness, and cares of this life, and so that day come upon you unawares. For as a snare shall it come on all them that dwell on the face of the whole earth.
The above passages which are clear enough, especially when you add the companion account of Matt. 24:38-39, are augmented by the Lord’s warning to the ecclesia at Laodicea. The letters to the seven ecclesias of Asia are among other things, prophecies of the history of the ecclesias since the time of John (see John Thomas in Eureka and HP Mansfield in The Apocalypse Epitomised). That the letter to Laodicea relates to the period prior to the return of Christ is evident from words that only appear in this letter – Rev. 3:20 – “Behold, I stand at the door, and knock: if any man hear my voice, and open the door, I will come in to him, and will sup with him, and he with me.” This clearly refers to the era of the Second Advent of Christ. What then did the Lord specify would be the character of the times in which the brotherhood would find itself just before he came a second time?
The answer is found in what he said the problem of the Laodiceans was – Rev. 3:17 – “Because thou sayest, I am rich, and increased with goods, and have need of nothing; and knowest not that thou art wretched, and miserable, and poor, and blind, and naked.” Again it is obvious that prosperity would provide the final test for his servants right up till the last day.
World leaders are being warned by responsible internal agencies that the world faces a Depression so deep that it will last 25 years! However, it will not be 25 years long – rather it will last for 10 years (the period between the resurrection of the dead and Armageddon, described in Dan. 12:1-2 – “And at that time shall Michael (namely, Christ) stand up, the great prince which standeth for the children of thy people: and there shall be a time of trouble, such as never was since there was a nation even to that same time: and at that time thy people shall be delivered, every one that shall be found written in the book. And many of them that sleep in the dust of the earth shall awake, some to everlasting life, and some to shame and everlasting contempt.”
Careful reading of the above passage will reveal that the resurrection (and gathering of the responsible living) and the time of trouble such as never was are concomitant events. The resurrection is the signal for that time of trouble. This is perfectly consistent with the message of Christ noted above. Removal of the saints (Noah’s family and Lot’s family) is immediately followed by the loss of all that men put their trust in.
The last ‘Great Depression’ lasted 10 years (and then only because of a world war), and so will the next. History will repeat itself as it often does. The following slide illustrates.
No man knows “the day or the hour” of the Lord’s return, but Paul insists we should know “the times and seasons” (1 Thess. 5:1-2). The word for “seasons” here is kairos and can have the idea of the state and character of the times. Modern Evangelicals have been blinded by incorrect interpretations of the Olivet Prophecy and are warning their folk to expect a Great Tribulation before Christ comes. This is based on Matt. 24:21. However, from Matt. 24:4-29a the prophecy concerns the times leading to and during the cataclysmic events of AD 70. Once the message switches to the latter days of the Second Advent in Matt. 24:29b the tenor of the times shifts from privation, difficulty of travel and painful tribulation to the rampant prosperity likened to the times of Noah and Lot.
I have also attached a set of notes on the Olivet Prophecy which you may find helpful in filling out the above comments. Additional material on why the Olivet Prophecy must have application to AD 70 and to the Second Advent is available on request.
If you find this email helpful you might consider passing it on to others of your acquaintance. I will leave that to you.
I ask only one thing of you – please do not attribute to me that I am nominating a year for the return of Christ. I am not doing so, but I am sounding the Lord’s own warning that he will come before the world is flung into the worst and most extended economic collapse in history. That collapse will come when God is ready. Many nations are virtually bankrupt (if not fully like Greece); the nations are angry (Rev. 11:18); many prophecies of the latter days are converging on a point not far away; the pressure to maintain a level of prosperity in our lives is rapidly increasing on all. There is no doubt for a range of reasons that this is the last cycle of prosperity before the return of Christ. We have choices to make – lose our ‘life’ now and gain eternity, or seek to gain it like Lot’s wife with eternal consequences. Let us be prepared, and help prepare others.
Your brother in Christ, Jim
The Economic Collapse
23 Nations Around The World Where Stock Market Crashes Are Already Happening
By Michael Snyder, on August 17th, 2015
You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the world, stock markets are already crashing. Most of these stock market crashes are occurring in nations that are known as “emerging markets”. In recent years, developing countries in Asia, South America and Africa loaded up on lots of cheap loans that were denominated in U.S. dollars. But now that the U.S. dollar has been surging, those borrowers are finding that it takes much more of their own local currencies to service those loans. At the same time, prices are crashing for many of the commodities that those countries export. The exact same kind of double whammy caused the Latin American debt crisis of the 1980s and the Asian financial crisis of the 1990s.
As you read this article, almost every single stock market in the world is down significantly from a record high that was set either earlier this year or late in 2014. But even though stocks have been sliding in the western world, they haven’t completely collapsed just yet.
In much of the developing world, it is a very different story. Emerging market currencies are crashing hard, recessions are starting, and equity prices are getting absolutely hammered.
Posted below is a list that I put together of 23 nations around the world where stock market crashes are already happening. To see the stock market chart for each country, just click the link…
1. Malaysia; 2. Brazil; 3. Egypt; 4. China; 5. Indonesia; 6. South Korea; 7. Turkey; 8. Chile; 9. Colombia; 10. Peru; 11. Bulgaria; 12. Greece; 13. Poland; 14. Serbia; 15. Slovenia; 16. Ukraine; 17. Ghana; 18. Kenya; 19. Morocco; 20. Nigeria; 21. Singapore; 22. Taiwan; 23. Thailand.
Of course this is just the beginning. The western world is going to feel this kind of pain as well very soon. I want to share with you an excerpt from an article that just appeared in the Telegraph entitled “Doomsday clock for global market crash strikes one minute to midnight as central banks lose control“. You see, the Telegraph is not just one of the most important newspapers in the UK – it is truly one of the most important newspapers in the entire world. When it speaks on financial matters, millions of people listen very carefully. So for the Telegraph to declare that the countdown to a “global market crash” is “one minute to midnight” is a very, very big deal…
When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal.
Time is now rapidly running out. From China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.
I encourage you to read the rest of that excellent article right here. It contains lots of charts and graphs, and it discusses many of the exact same things that I have been hammering on for months.
When one of the newspapers of record for the entire planet starts sounding exactly like The Economic Collapse Blog, then you know that it is late in the game.
Others are sounding the alarm about an imminent global financial crash as well. For example, just consider what Egon von Greyerz recently told King World News…
Eric, I fear that this coming September – October all hell will break loose in the world economy and markets. A lot of factors point to that, both fundamental and technical indicators and this indicates that we could have a number of shocks this autumn.
Sadly, most investors will hold stocks, bonds and property and will see any decline in value as an opportunity. It will be a long time and a very big fall before they realize that the system will not help them this time because the central bankers have run out of ammunition to save the global financial system one more time. Yes, we will see more massive money printing, but it will just make things worse. And at some stage, which could be quite soon, real fear will set in, a fear of a magnitude the world has not experienced before.
Hmm – there is another example of someone talking about September. It is funny how often that month keeps coming up.
And of course most of the major stock market crashes in U.S. history have been in the fall. Just go back and take a look at what happened in 1929, 1987, 2001 and 2008.
The “smart money” has been pulling their money out of stocks for quite a while now, and at this point a lot of others have hopped on the bandwagon. The following comes from CNBC…
The flight of investor money from U.S. stocks has turned into a stampede.
In fact, the $78.7 billion leaving domestic equity-focused funds has been worse in 2015 than it was even during the financial crisis years, when the S&P 500 tumbled some 60 percent, according to data released Friday by Morningstar. The total is the highest since 1993.
Domestic equity funds surrendered $20.4 billion in July alone and have seen $158.6 billion in redemptions over the past 12 months. Even a strong flow of money into passively managed exchange-traded funds has been unable to offset the stream to the exit among retail investors, who generally focus more on mutual funds than ETFs.
A global financial crisis has already begun. So those that were claiming that one would not happen in 2015 are already wrong. Over the coming months we will find out how bad it will ultimately be.
Sometimes I get criticized for talking about these things. There are a few people out there that don’t like all of the “doom and gloom” that I discuss on my website. Apparently it is a bad thing to talk about the things that really matter and we should all just be “keeping up with the Kardashians” instead.
I consider myself just to be another watchman on the wall. From our spots on the wall, watchmen such as myself all over the nation are sounding the alarm about what we clearly see coming.
If we saw what was coming and we did not warn the people, their blood would be on our hands. But if we do warn the people, then we have done our duty.
Every day I just do the best that I can with what I have been given. And there are many others just like me that are doing exactly the same thing.
Those that do not like the warning message are going to feel really stupid when things start falling apart all around them and they finally realize how wrong they truly were.