The Greatest depression is coming, are you ready?

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ZNP

Well-known member
Sep 14, 2020
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Wow, I have never seen this pattern before. Look at the volume chart underneath the price. This is the last ten days of the S&P 500

Screen Shot 2022-10-18 at 9.34.37 AM.png
 

ZNP

Well-known member
Sep 14, 2020
37,488
6,928
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There is too much hyperventilating concerning the US economy. Our currency will not crash as long as people are investing in our treasuries. So when you see the US Treasury department have to step in and buy treasuries that will be the collapse (basically they print money to buy the debt, and as they print money they have to issue new debt, creating a negative feedback loop).


Uh oh...
 

ZNP

Well-known member
Sep 14, 2020
37,488
6,928
113
There is too much hyperventilating concerning the US economy. Our currency will not crash as long as people are investing in our treasuries. So when you see the US Treasury department have to step in and buy treasuries that will be the collapse (basically they print money to buy the debt, and as they print money they have to issue new debt, creating a negative feedback loop).


Uh oh...
Anyway, don't worry about this, the government always has one simple solution, just increase taxes.
 

shittim

Senior Member
Dec 16, 2016
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I believe that has already happened with the monetizing of the debt under B.O.
 

ZNP

Well-known member
Sep 14, 2020
37,488
6,928
113
I believe that has already happened with the monetizing of the debt under B.O.
Don't worry, as long as you have to use $ to buy oil we'll be fine.


OK, scratch that.
 

shittim

Senior Member
Dec 16, 2016
13,945
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Indeed, whatever He desires to do to redeem His Creation, let it be so.
blessings
 

ZNP

Well-known member
Sep 14, 2020
37,488
6,928
113
Lord Jesus, may the events that are about to take place turn out to salvation, waking up people to their need for you and that there is salvation in no other name but yours.
 

ZNP

Well-known member
Sep 14, 2020
37,488
6,928
113

Biden threatens Saudi Arabia, they respond no one threatens us, we'll go and join BRICS. Well we can now fully credit with Biden with the demise of the US dollar.
 

ZNP

Well-known member
Sep 14, 2020
37,488
6,928
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This will kill the new car market and put car salesmen out of business. Two reason these prices came down is because interest rates have gone sky high. Well, that means getting a new car loan is going to be very expensive and your trade in value will be half of what it was. This also means that since people are getting so little for their used car many people will sell it themselves trying to squeeze every dollar they can.
 

ZNP

Well-known member
Sep 14, 2020
37,488
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As a rule the water level for the Mississippi drops during the Fall and Winter and it isn't until the snow melts in the spring that it rises. So as bad as this problem is right now we can expect it will get worse over the next 4 months.
 

ZNP

Well-known member
Sep 14, 2020
37,488
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Spot on

 
P

persistent

Guest
Indeed, whatever He desires to do to redeem His Creation, let it be so.
blessings
DEPARTMENT OF JUSTICE

2 officers charged in Huawei inquiry

WASHINGTON (AP) — Two men suspected of being Chinese intelligence officers have been charged with attempting to obstruct the U.S. criminal investigation and prosecution of Chinese tech giant Huawei, according to court documents unsealed Monday.

The cases were announced at a news conference that featured the heads of both the FBI and the Justice Department, a rare joint presence reflecting a concerted American show of force against Chinese intelligence efforts. Washington has long accused Beijing of meddling in U.S. political affairs and stealing secrets and intellectual property.

The two men in the Huawei case, Guochun He and Zheng Wang, are accused of trying to direct a person with the U.S. government whom they believed was a cooperator to provide confidential information about the Justice Department’s investigation, including about witnesses, trial evidence and potential new charges.
 

shittim

Senior Member
Dec 16, 2016
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Caught some chinese in my state digging up freshly planted hybrid seed to steal genetics, there is no integrity with godless communists.
 
P

persistent

Guest
Caught some chinese in my state digging up freshly planted hybrid seed to steal genetics, there is no integrity with godless communists.
I don't fully agree. The 'Christian' heritage of the USA is not turning out to be 'the lighted city on a hill'. A beacon of depravity is more like it. Watch the news and the commercials and any tv show and is social media enlightening.
 

ZNP

Well-known member
Sep 14, 2020
37,488
6,928
113
I don't fully agree. The 'Christian' heritage of the USA is not turning out to be 'the lighted city on a hill'. A beacon of depravity is more like it. Watch the news and the commercials and any tv show and is social media enlightening.
Really? The Gideon ministry originated in the US and beginning in 1908 began placing Bibles in hotels. Since that time they have distributed 2 billion Bibles worldwide. How is that not a light set on a hill that shines to the whole world?

Biblegateway is a free website that provides access to the Bible. They have had 81 million visitors in the last month and that is a 2.57% increase from the previous month!

I am listening to DTBM who is a fundamental preacher, he has thousands of visitors from all over the world, and there are many preachers like that.