The Greatest depression is coming, are you ready?
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Matthew 24:2 And Jesus said unto them, See ye not all these things? verily I say unto you, There shall not be left here one stone upon another, that shall not be thrown down.
Most people misread what Jesus says here, they think He said "every stone will be thrown down". He didn't say that. He said there will not be left "one stone upon another" that shall not be thrown down. We are all living stones, we should not be relying on our brother or sister to read the bible for us or to do the study for us or to tell us what the Bible says about eschatology. If you do that you are a stone that is "upon another" and you shall be "thrown down". Read the Bible and the prophecies for yourself. Yes, I listen to many others teach, and I consider what they say, I test it, I try it, but unless I see it for myself in the word of God it do not rely on it.
Most people misread what Jesus says here, they think He said "every stone will be thrown down". He didn't say that. He said there will not be left "one stone upon another" that shall not be thrown down. We are all living stones, we should not be relying on our brother or sister to read the bible for us or to do the study for us or to tell us what the Bible says about eschatology. If you do that you are a stone that is "upon another" and you shall be "thrown down". Read the Bible and the prophecies for yourself. Yes, I listen to many others teach, and I consider what they say, I test it, I try it, but unless I see it for myself in the word of God it do not rely on it.
For example, let's consider the vaccine. I decided to not get the vaccine and retire instead, and my wife also chose to resign her job rather than get the vaccine. But the truth was I had no proof at the time of making that decision that the vaccine was harmful. I had all my other shots as did my wife. I made this choice because I knew Fauci was lying and being deceitful and I knew the vaccine mandate by DeBlasio was not being done in a transparent way but rather done in a deceitful way as well.
So then, if I was wrong I would have retired sooner than I needed to and sold our house at an all time high in the market, but hey, maybe it would have gone higher. Yes, it was a hassle, but we all like where we moved to much better than we liked NYC and financially we are better off now than we were then. All in all we are very happy we moved. I am happy to have retired, my blog recently went over 500,000 people.
My feeling was in a few years I would know if the vaccine was harmful or not. There are 17 million people who have died that appear correlated to the vaccine and there are life insurance actuaries saying that the people dying and claiming life insurance in the US has increased exponentially since the vaccine, and the WHO is saying there are 800 million people in China missing. Although the doctors in China are prohibited from saying officially it is due to the vaccine that is what they are saying unofficially.
So compare the possible harm if I was wrong as being minimal to non existent, while the harm to ignoring my concerns as being maximum.
So then, if I was wrong I would have retired sooner than I needed to and sold our house at an all time high in the market, but hey, maybe it would have gone higher. Yes, it was a hassle, but we all like where we moved to much better than we liked NYC and financially we are better off now than we were then. All in all we are very happy we moved. I am happy to have retired, my blog recently went over 500,000 people.
My feeling was in a few years I would know if the vaccine was harmful or not. There are 17 million people who have died that appear correlated to the vaccine and there are life insurance actuaries saying that the people dying and claiming life insurance in the US has increased exponentially since the vaccine, and the WHO is saying there are 800 million people in China missing. Although the doctors in China are prohibited from saying officially it is due to the vaccine that is what they are saying unofficially.
So compare the possible harm if I was wrong as being minimal to non existent, while the harm to ignoring my concerns as being maximum.
Bond yields are up by at least 0.5%. That is a very big rise and will have an impact on our debt. Now the Fed is in a vice, the tariffs will cause inflation, that is pretty much indisputable. In order to fight inflation you raise interest rates, you don't drop them. Trump wants interest rates to drop in order to make it easier for the US government to make the interest payments on their debt. But no one wants to buy bonds at these rates if they anticipate high inflation. You want to get paid more than the inflation rate.
So they have two options, raise the interest rates when they sell the bonds or have the Fed print money which will cause inflation to get worse and thus bond yields to go even higher.
Jim Bianco joins CNBC to explain what’s going on in the Bond Market
So they have two options, raise the interest rates when they sell the bonds or have the Fed print money which will cause inflation to get worse and thus bond yields to go even higher.
Jim Bianco joins CNBC to explain what’s going on in the Bond Market