Is the Next Economic Crisis Coming…Maybe This Fall?

I believe that economic judgments are about to come on America and the rest of the world. I don’t know when this will occur, but we’ve seen indications of it here and there for quite some time if you’re paying attention. Economic crisis is the one thing that will affect the whole world perhaps more than anything else (e.g. natural disasters, wars, terrorism, famine, disease, etc.). America (along with other so-called Christian nations) is ripe for economic judgment. We’ve worshipped at the foot of the golden calf of greed, money and materialism for a long time now. America has forgotten who made it great. The god that America now trusts in is money, and not the God of the Bible. YHVH wants to wake Christians up worldwide, and it is my convictions that economic crisis will be one of the main ways he will do it. Go read Revelation 18!

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Check this out:

From http://www.thesleuthjournal.com/copper-china-and-world-trade-are-all-screaming-that-the-next-economic-crisis-is-here/.

Copper, China And World Trade Are All Screaming That The Next Economic Crisis Is Here

Trouble ahead concept, Businessman with umbrella standing in the

If you are looking for a “canary in a coal mine” type of warning for the entire global economy, you have a whole bunch to pick from right now.  “Dr. Copper” just hit a six year low, Morgan Stanley is warning that this could be the worst oil price crash in 45 years, the Chinese economy is suddenly stalling out, and world trade is falling at the fastest pace that we have seen since the last financial crisis.  In order not to see all of the signs that are pointing toward a global economic slowdown, you would have to be willingly blind.  In recent months, I have been writing article after article detailing how the exact same patterns that happened just before the stock market crash of 2008 are playing out once again.  We are watching a slow-motion train wreck unfold right before our eyes, and things are only going to get worse from here.

Copper is referred to as “Dr. Copper” because it does such an excellent job of indicating where economic conditions are heading next.  We saw this in 2008, when the price of copper started crashing big time in the months leading up to the stock market implosion.

Well, now copper is crashing again.  Just check out this chart.  The price of copper plunged again on Wednesday, and it is now the lowest that it has been since the last financial crisis.  Unfortunately, the forecast for the months ahead is not good.  The following is what Goldman Sachs is saying about copper…

“Though we have been bearish on copper on a 12-mo forward basis for the past two and a half years, we have maintained a more bullish medium to long-term stance on the assumption of Chinese copper demand growth of 4% per annum and a major slowing in supply growth around 2017/2018 … we substantially lower our short, medium, and long-term copper price forecasts, on the back of lower Chinese copper demand growth forecasts (we have been highlighting that the risk has been skewed to the downside for some time), increased conviction in copper supply growth over the next three years, and increased conviction in the outlook for mining cost deflation in dollar terms.”

It is funny that Goldman mentioned China so prominently.  Even though China’s fake GDP figures say that everything is fine over there, other numbers are painting a very dismal picture.

For instance, Chinese electrical consumption in June grew at the slowest pace that we have seen in 30 years, and capital outflows from China have reached a level that is “frightening”

Robin Brooks at Goldman Sachs estimates that capital outflows topped $224bn in the second quarter, a level “beyond anything seen historically”.

The Chinese central bank (PBOC) is being forced to run down the country’s foreign reserves to defend the yuan. This intervention is becoming chronic. The volume is rising. Mr Brooks calculates that the authorities sold $48bn of bonds between March and June.

Charles Dumas at Lombard Street Research says capital outflows – when will we start calling it capital flight? – have reached $800bn over the past year. These are frighteningly large sums of money.

Just last month, the Chinese stock market started to crash, but the crash was interrupted when the Chinese government essentially declared a form of financial martial law.

And I don’t think that “financial martial law” is too strong of a term to use in this case.  Just consider the following excerpt from a recent article in the Telegraph

Half the shares traded in Shanghai and Shenzhen were suspended. New floats were halted. Some 300 corporate bosses were strong-armed into buying back their own shares. Police state tactics were used hunt down short sellers.

We know from a vivid account in Caixin magazine that China’s top brokers were shut in a room and ordered to hand over money for an orchestrated buying blitz. A target of 4,500 was set for the Shanghai Composite by Communist Party officials.

So a stock market crash was halted, but in doing so Chinese officials have essentially destroyed the second largest stock market in the world.  China’s financial markets have lost all legitimacy, and foreigners are going to be extremely hesitant to put any money into Chinese stocks from now on.

Meanwhile, there is no hiding the fact that trade activity in China and in most of the rest of the planet is slowing down.  In fact, world trade volume has now dropped by the most that we have seen since the last global recession.  The following comes from Zero Hedge

As goes the world, so goes America (according to 30 years of historical data), and so when world trade volumes drop over 2% (the biggest drop since 2009) in the last six months to the weakest since June 2014, the “US recession imminent” canary in the coalmine is drawing her last breath

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As Wolf Street’s Wolf Richter addsthis isn’t stagnation or sluggish growth. This is the steepest and longest decline in world trade since the Financial Crisis. Unless a miracle happened in June, and miracles are becoming exceedingly scarce in this sector, world trade will have experienced its first back-to-back quarterly contraction since 2009.

As you probably noted in the chart above, a decline in world trade is almost always associated with a recession.

That was certainly the case back in 2008 and 2009.

Another similarity between the last crisis and what is happening now is a crash in the price of oil.

According to Business Insider, we have just officially entered a brand new bear market for oil…

Oil is officially in a bear market.

On Thursday, West Texas Intermediate crude oil futures fell more than 1% to settle near $48.55 per barrel in New York.

A bear market is roughly defined as a 20% drop from highs. Crude has now fallen by about 20% in the last six weeks.

So what does all of this mean?

All of these signs are indicating that another great economic crisis is here, and that a global financial implosion is just around the corner.

At this point, even many of the “bulls” are sounding the alarm.  For example, just consider what Henry Blodget of Business Insider is saying…

As regular readers know, for the past ~21 months I have been worrying out loud about US stock prices. Specifically, I have suggested that a decline of 30% to 50% would not be a surprise.

I haven’t predicted a crash. But I have said clearly that I think stocks will deliver returns that are way below average for the next seven to 10 years. And I certainly won’t be surprised to see stocks crash. So don’t say no one warned you!

For those that don’t know, Henry Blodget is definitely not a bear.  In fact, he is one of Wall Street’s biggest cheerleaders.

So for Blodget to suggest that we could see the stock market drop by half is a really big deal.

The closer that we get to this next crisis, the clearer that everything is becoming.

Where are things going to go from here?  Please feel free to add to the discussion by posting a comment below…


Michael T. Snyder is a graduate of the McIntire School of Commerce at the University of Virginia and has a law degree and an LLM from the University of Florida Law School. He is an attorney that has worked for some of the largest and most prominent law firms in Washington D.C. and who now spends his time researching and writing and trying to wake the American people up. You can follow his work on The Economic Collapse blogEnd of the American Dream and The Truth Wins. His new novel entitled “The Beginning Of The End” is now available on Amazon.com.

 

The Demonic Greed of the Abortionists: Here Is the Face of Evil!

To see what the face of evil looks like in the medical establishment, click here: http://www.centerformedicalprogress.org/2015/07/second-planned-parenthood-senior-executive-haggles-over-baby-parts-prices-changes-abortion-methods/ which is the source of the article below. Your tax dollars are supporting this with more than $500 million annually (http://www.cnsnews.com/news/article/melanie-hunter/planned-parenthood-we-got-5284-million-taxpayer-funds-one-year).

Second Planned Parenthood Senior Executive Haggles Over Baby Parts Prices, Changes Abortion Methods

EMBARGOED UNTIL 8:00 AM ET, 21 JULY 2015

PPSellsBabyParts SECOND PLANNED PARENTHOOD SENIOR EXECUTIVE HAGGLES OVER BABY PARTS PRICES, CHANGES ABORTION METHODS

President of PPFA Medical Directors’ Council Mary Gatter Doesn’t Want to “Lowball” Price, Suggests “Less Crunchy” Technique, Says She Wants a Lamborghini

LOS ANGELES, July 21—A second undercover video shows Planned Parenthood Federation of America’s Medical Directors’ Council President, Dr. Mary Gatter, haggling over payments for intact fetal specimens and offering to use a “less crunchy technique” to get more intact body parts.

It is similar to last week’s viral video showing PPFA Senior Director of Medical Services Dr. Deborah Nucatola admitting to using partial-birth abortions to get intact parts and suggesting a price range of $30 to $100 per specimen.

Gatter is a senior official within Planned Parenthood and is President of the Medical Directors’ Council, the central committee of all Planned Parenthood affiliate medical directors.

Actors posing as buyers ask Gatter, “What would you expect for intact [fetal] tissue?”

“Well, why don’t you start by telling me what you’re used to paying!” Gatter replies.

Gatter continues: “You know, in negotiations whoever throws out the figure first is at a loss, right?” She explains, “I just don’t want to lowball,” before suggesting, “$75 a specimen.”

Gatter twice recites Planned Parenthood messaging on fetal tissue collection, “We’re not in it for the money,” and “The money is not the important thing,” but she immediately qualifies each statement with, respectively, “But what were you thinking of?” and, “But it has to be big enough that it’s worthwhile for me.”

Gatter also admits that in prior fetal tissue deals, Planned Parenthood received payment in spite of incurring no cost: “It was logistically very easy for us, we didn’t have to do anything. So there was compensation for this.” She accepts a higher price of $100 per specimen understanding that it will be only for high-quality fetal organs: “Now, this is for tissue that you actually take, not just tissue that someone volunteers and you can’t find anything, right?”

By the lunch’s end, Gatter suggests $100 per specimen is not enough and concludes, “Let me just figure out what others are getting, and if this is in the ballpark, then it’s fine, if it’s still low, then we can bump it up. I want a Lamborghini.”

The sale or purchase of human fetal tissue is a federal felony punishable by up to 10 years in prison or a fine of up to $500,000 (42 U.S.C. 289g-2).

Gatter also suggests modifying the abortion procedure to get more intact fetuses: “I wouldn’t object to asking Ian, who’s our surgeon who does the cases, to use an IPAS [manual vacuum aspirator] at that gestational age in order to increase the odds that he’s going to get an intact specimen.”

Gatter seems aware this violates rules governing tissue collection, but disregards them: “To me, that’s kind of a specious little argument.” Federal law requires that no alteration in the timing or method of abortion be done for the purposes of fetal tissue collection (42 U.S.C. 289g-1).

The video, like last week’s featuring Dr. Nucatola, was produced by The Center for Medical Progress and is part of CMP’s nearly 3-year-long investigative journalism study, “Human Capital.”

CMP’s Project Lead David Daleiden notes, “Planned Parenthood’s top leadership admits they harvest aborted baby parts and receive payments for this. Planned Parenthood’s only denial is that they make money off of baby parts, but that is a desperate lie that becomes more and more untenable as CMP reveals Planned Parenthood’s business operations and statements that prove otherwise.”

Seven State Governments have opened investigations into Planned Parenthood’s sale of aborted fetal body parts, as have three Congressional Committees. The House Energy and Commerce Committee has called PPFA’s Senior Director of Medical Services to testify this month about the organization’s fetal tissue harvesting.

 

Shabbat Shalom! May your world be at peace.

The Sabbath is a spiritual picture not only of the life in the Garden of Eden before the fall of man, but also of the Millennium when the majority of the earth will be walking in harmony with YHVH Elohim, his Torah-commandments and with other humans. Not only that, the animals will be at peace with humans as well (Isa 65:25). Wild animals will no longer be vicious or have a fear of humans. The whole creation will be dwelling at peace with itself and its Creator.

Now take a look at these photos I shot yesterday of me interacting with a baby nuthatch in my back yard who hasn’t yet learned to fear humans. Our backyard is a Garden of Eden containing beautiful shrubs and trees with bird and squirrel feeders, bird baths, and places where birds, squirrels and chipmunks can be at peace. This is in spite of the fact that we live in an urban area.

This baby nuthatch allowed me to pet it and I even touched its beak. I did this at three different times over a period of time! He seemed to be fascinated by a little water feature I have in may back yard.

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New Video: Congregation Elim Shabbat Services July 11, 2015

This video includes live praise and worship, prayer and praise reports, teachings on the prophetic implications of the Sabbath, what the Bible says about sexual lust, the spiritual zeal of Phinehas, and the duties of the Levites along with congregational discussion.

 

A globalist insider describes the Babylon the Great New World Order without knowing it

In this must-see video, Globalist insiderJohn Perkins explains how the Babylon the Great New World Order enslaves nations economically through debt owed to the international bankers via the corporate oligarchs with the help of the U.S. government. This is a perfect examples of what John saw coming on the end-times world as he describes it in Revelation 18 where he says that the merchants (corporate elite) are the rich men of the world, who have enslaved the inhabitants of earth for financial gain and power.

Perkins was a pawn of the global elite before becoming a whistle blower. The video is based on a best-selling book he wrote entitled, “Confessions of an Economic Hit Man.”

 

 

10 Warning Signs Terrorists May Be Active in Your Community

From NewsMax at http://www.newsmax.com/Newsfront/terror-signs-watch-community/2015/07/03/id/653352/

By now you’ve heard it a thousand times: “If you see something, say something.” But what does that mean, precisely? Most citizens have no idea what they’re supposed to be looking out for, beyond the generic “anything that seems suspicious.”The FBI states that it is on high alert for domestic terror attacks during the Fourth of July holiday.

Here are 10 things authorities say to look out for:
1. Suspicious activity related to fireworks. 

Federal authorities have advised local law enforcement to take  notice of anyone asking questions about fireworks “that go beyond mere curiosity about the potential damage fireworks could cause.”

Authorities are worried an extremist or lone wolf could repackage the explosives in fireworks as an improvised explosive device. The recent death of a 47-year-old Michigan man when a large mortar fireworks shell he was holding detonated served as a tragic reminder of just how dangerous fireworks can be.

So if you see someone behaving strangely at your neighborhood fireworks stand — perhaps asking questions suggesting another use in mind beyond casual entertainment — that might be a good time to say something to police.

2. Probing or testing the perimeter of a fence, facility, or its security systems. 

Most attacks involve some form of reconnaissance. Sometimes this is as cursory as snapping a few cellphone images for later review and planning. Other perpetrators will devote time to mapping out their routes, even studying the timing of traffic lights and commuter patterns. They may event embark on a rehearsal prior to the actual attack.

If you see someone loitering or behaving in a suspicious way — say checking out an employee-only entrance at a shopping mall, or examining the integrity of a fence along a regional airport — don’t try to approach them yourself to get their explanation. Instead, let local law enforcement know that you see something that looks strange. Police receive inquiries like that all the time, and as long as the call is sincere and genuine, they are happy to dispatch a patrol officer to check out the suspicious activity.

3. Anyone setting a backpack or bag down in a crowd and walking away. 

This should trigger immediate concern. While the behavior could be completely harmless, it is certainly suspicious and could be a prelude to a devastating attack along the lines of the 2013 Boston Marathon bombing.

In the wake of that incident, authorities have grown more careful about inspecting bags and purses being toted into major events. But security at local venues may be less rigorous. Police say informing them of suspicious unattended bags, briefcases, or luggage could be a real lifesaver.

4. Suspicious use of social media or the Internet. 

Federal officials say the Islamic State (ISIS) and other extremist groups are currently engaged on a daily basis in trying to use social media and the Internet to recruit and radicalize disaffected citizens. When police earlier this year got a tip that a young man in Ohio was engaging in suspicious activity on social media, it apparently helped thwart an ISIS-inspired attack on the Capitol. According to government documents, an informant notified the FBI that the suspect, 20-year-old Christopher Lee Cornell of Green Township, Ohio, was using an alias on Twitter accounts to express support for violent jihad.

The FBI says Cornell planned to detonate pipe bombs at the busy Capitol, then open fire on bystanders and responders during the ensuing chaos. Immediately after making that arrest the FBI issued a bulletin to local law enforcement that read: “Terrorist group members and supporters will almost certainly continue to use social media platforms to disseminate English-language violent extremist messages.”

5. Purchases of suspicious supplies.

There can be a fine line between purchasing materials for ordinary use and stockpiling dangerous or suspicious items — explosives, weapons, and ammunition. Actual planning of an attack can involve more subtle purchases: Maps, uniforms, body armor, flight manuals, how-to books, materials needed to make passes or badges, or the equipment used to manufacture identity-related documents. Whether a purchase rises to the level of saying something to law enforcement probably depends on context, and intuition regarding the individual involved.

6. Attempts at impersonation. 

It should go without saying that people trying to pass themselves off as someone they’re not are inherently suspicious. Beyond a masquerade ball, perhaps, it is difficult to imagine why any legitimate person would want to look like a law officers, military member, or company employee when they clearly aren’t.

Again, if you see someone who seems suspiciously out of place, notify someone in authority — don’t try to resolve things on your own.

7. Unusually large or heavy bags. 

If someone has difficulty hefting a backpack, that could be unusual. According to SecureTransit.org, a website funded by the Department of Homeland Security, you should be mindful whenever people appear to be commuting with an unusually heavy or large backpack, gym bag, or other luggage. This would especially be a concern if the bag were to be abandoned.

Also suspicious: Any attempt to store a bag in a compartment other than the one the owner is riding in.

It’s probably better to be safe than sorry when it comes to transportation. If your intuition tells you something is suspicious while traveling, you should advise someone of your concerns.

8. Unusually bulky, loose-fitting apparel worn in hot weather. 

In countries like Israel where security is paramount, officers are trained to spot people whose clothing seems out of place or disproportionate to their body type. Increasingly, that’s a concern U.S. officials are talking about as well, because thick or baggy clothing can be used to conceal weapons. Could someone sporting a large sweatshirt, vest, or jacket on a blazing day be suffering from a head cold or just be fashion-challenged? Of course. Sure.

According to SecureTransit.org, seeing something out of place like that is also a reason to take notice.

9. Any sign of tampering. 

It might not be a person you need to report, but a situation. Exposed wiring, strange smells, leaks, or any sign of potential tampering, especially on a bus or train, is something you should consider reporting. And authorities definitely want you to let them know if anyone appears to be tampering with safety systems, electronics, surveillance cameras, or other equipment.

10. Suspicious or abandoned vehicles.

Remember New York’s Times Square bombing attempt in May 2010? A street vendor spotted smoke coming from a parked SUV, and alerted the NYPD. It turned out the vehicle contained an improvised pipe bomb, gunpowder, gasoline, and three 20-gallon tanks of propane. Authorities later said the bomb would have caused a massive fireball, intense shrapnel, and many casualties had it gone off.

It can be difficult to know whether a car is simply parked, or has been abandoned. The important thing is to be cognizant of the potential danger, and to let police know immediately if you see something unusual.

One last bit of advice from the experts: Trust your instincts. No one is better equipped than you to know what does or does not belong in your immediate environment. Odds are you’ll sense when something’s just not right.

Of course, you also don’t want to be so hyper-vigilant you see a bad guy around every corner. Deciding when you need to speak up can involve a delicate balance.

One Department of Homeland Security video describes the act of “seeing something” this way: “It’s when you experience a moment of uncertainty. Something you know shouldn’t be there. Or someone’s behavior that doesn’t seem quite right. These are the moments to take a pause. Because if something doesn’t feel right, it’s probably not.”

When trying to decide whether an activity is truly suspicious, the best advice anyone can give you, and the advice promulgated by DHS, is to trust your own instincts.

For everyone’s sake, remember: Authorities have a much better chance of keeping the public safe when you “see something, say something.”

Sources: DHS.gov See-Something-Say-Something Campaign; SecureTransit.org; University of Tennessee at Knoxville UTK.edu “8 Signs of Terrorism.”

 

Evil-doers on the assault against the saints…AGAIN

Here are two news articles about Aaron and Melissa Klein who are the Christian cake bakers who refused to make a wedding cake for a couple of homosexuals. The homes sued them, destroyed the Klein’s business and got the State of Oregon to fine them $135,000. Now the State Bureau of Politically Correct Thought and Speech is forbidding them to even speak about their situation. This is pure evil — Satan unleashed upon Bible believers!

First, here is my response to the situation:

In a state where freedom of speech trumps almost everything and where riding naked on a  bicycle in downtown Portland is legal and considered freedom of speech, it’s unbelievable that a state official would deign to silence the freedom of speech of this Christian couple.

Who does Oregon Labor Commissioner Brad Avakian think he is? God? He’s an embarrassment to Oregon and should be voted out of office.

I’m calling out Commissioner Brad Avakian for who he really is. Brad, let’s be honest. You’re on a little power trip to make a name for yourself by attaching your political wagon to the cutting edge issue of “gay” rights in an effort to further your political career, and you don’t care who you destroy in the process! Your putting a gag order on the Klein’s to exercise their Constitutional right of free speech is an illegal act on your part and should be disobeyed. Your aggression against these people and what they stand for has blinded you from seeing the error of our ways. Shame on you! You may win the battle, but in the end, you will lose the war. Shame and disgrace are coming your way!

In reality, you hate Christians who believe in the Bible, the Word of Elohim. That is the real issue here. Search your heart and admit it. The idea of of Bible believers having free speech rights galls you to no end, and you’re doing your part as a petty bureaucratic functionary/public servant to quash their rights, while upholding the so-called rights of sexual perverts to steal, kill and destroy anyone or anything in their way. Let’s also not overlook the political expediency of your opportunistic support of the LGBT community. Your calculations will backfire on you! Make no mistake about it.

The bottom line is that you are doing the work of the devil, the chief opposer of the God of the Bible whose name is Yehovah Elohim. It is him that you’ll answer to whether you believe it or not. In the end, YHVH’s followers will win. In the mean time, your persecution of Christians will only make us stronger and more defiant to stand for righteousness and against the tyranny of petty Soviet-style dictators like you who think you can play god with people’s lives, and force those who disagree with the Party’s Policies to conform.

To those who serve, obey and worship YHVH Elohim, I leave you with several Bible verses for your encouragement:

Who will rise up for me against the evildoers? Who will stand up for me against the workers of iniquity? (Psalm 94:16)

 Greater is he that is in you, than he that is in the world. (1 John 4:4)

What shall we then say to these things? If Elohim be for us, who can be against us? (Rom 8:31)

Submit yourselves therefore to Elohim. Resist the devil, and he will flee from you. (Jas 4:7)

Behold, I give unto you power to tread on serpents and scorpions, and over all the power of the enemy: and nothing shall by any means hurt you. (Luke 10:19)

No weapon that is formed against thee shall prosper; and every tongue that shall rise against thee in judgment thou shalt condemn. This is the heritage of the servants of YHVH and their righteousness is of me, saith YHVH. (Isa 54:17)

Blessed are you when they revile and persecute you, and say all kinds of evil against you falsely for My sake. Rejoice and be exceedingly glad, for great is your reward in heaven, for so they persecuted the prophets who were before you. (Matt 5:11–12)

Now onto the articles…

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