The Greatest depression is coming, are you ready?

Yes, like I said it is working. Like Nero, the goal is to burn down the US economy so that the Council of 13 will be able to buy up the US at fire sale prices. That is how you become the most powerful evil council in the world.

They just admitted the financial COLLAPSE is here and they are hiding the reason | Redacted News


So let's cut to the chase.

Japan had held down its interest rates so that investors could borrow the money from the Japanese banks and then use the borrowed money to buy US Tbills at a higher interest rate, so it was like getting free money, which is why people kept buying US bonds.

However, this has caused Japan's yen to collapse and so they finally have raised interest rates. So then the only way the US can continue to get "investors" (that is a euphemism, the companies buying the bonds are mutual funds that American pensions are buying, the dumbest of all investors generally called saps) is to raise the interest rates on their bonds and if they do that our $1.5 trillion in interest payments to service our debt will increase dramatically. Which will start our run away problem where we need to borrow more money to pay the interest on the money which we have already borrowed. To make things worse no one is buying the ten or twenty year bonds. So we are financing our debt with six month, one year and two year bonds. Can you imagine having to refinance $35+ trillion every two years? If we can't sell $1.5 trillion in bonds how are we going to sell $17 trillion in bonds?

This is the roots of this malignant tree drying up.

Don't be naive -- Just another excuse to withhold benefits and force the Mark of the Beast

Uh oh

Michael Burry Raises Alibaba Stake, Cuts Stock Portfolio in Half

https://finance.yahoo.com/news/michael-burry-raises-alibaba-stake-192206804.html

Perfect timing

Paramount Starts Cutting 15 Percent of US Workforce
Paramount has launched its workforce-reduction plan, cutting 15 percent of US staff to save $500 million amid industry challenges.

https://www.theepochtimes.com/busin...oReport&src_src=partner&src_cmp=BonginoReport

At least they waited until they had the new deadly pandemic released so that the layoffs would not impact unemployment. Nothing like a deadly pandemic and a compromised immune system from the vaccines to deal with the unemployment caused by AI. Problem Solved.

The US is Next

China's Unemployment Explosion; Food Prices Soar: A Famine Next?

You know how best to prepare? Let every day be a Come my Lord, come quickly thought.
Being in the world and not of it is difficult.

Let us all try to take thought for the day we are in.. For we have no power. Destiny awaits us all.
None of us can guarantee tomorrow.. if the sun be darkened and the moon red.. be found Faithful. Rich, poor, sick or in health.. all you can offer up is your Faithfulness. The Almighty could end it all.. and so does cut short.. for man is mortal and corrupt.

No political system or person is going to save us.. it is merely a means to the end.. We have been conditioned to fear(a fearful public is easily controlled) but may those fears be relieved through GOD’s Grace.

The story of life.. be found in the Book of life. .. may it be so.

There is an evil agenda.. posing as saving the planet! Christians should know that there is a New Heaven and Earth prepared.

Glory to the Almighty GOD. May our King of Kings come quickly.

mornin' @loveme1

Yes, those so deeply concerned with the things of this world and so caught up with the things of this world, are most likely of this world. Our eyes are not set on what Abraham's eyes were looking to see.

This world is destined for the trash heap, and it may not be more than a generation of two away, if that. No one knows what day the Lord will return. But what he has told us and explained to us is that it's going to be a really bad place when he does. Now, that's not going to just happen overnight. Like, I'm going to get those who are my Father's tomorrow, so let's start letting the world fall apart. No, no. It will be an inexorable increasing of sin and the hurt, anger and pain that growing sin creates.

What our Father has asked us to do is to tell them about Jesus. Always tell them about Jesus. Never tire in telling them the truth of God's salvation offered through His Son, Jesus. Then we can let the Holy Spirit do the work that he is commissioned to do. Convict each of those in whom he dwells of both sin and righteousness. Praise God! His plan is perfect as He is perfect. Selah!

However, in the operation of the government under which I live, I will vote for the choice that seems right to me. And I believe, because I feel no soul discomfort over it, that the Holy Spirit is in agreement in that regards. The Holy Spirit knows what our government is for and about. He knows all that God knows.

“She’s had the best of two worlds,” says her longtime pastor, the Rev. Amos Brown, who leads Third Baptist Church in San Francisco.

Imagine that VP Harris is a practicing Baptist. She has, or at least practices, a faith that is likely much like others on these boards. Does that make her perfect? Well, no more than any of us are. But she has a faith and a knowledge of the very same God that many of us on this site practice and participate with.

vs.

Trump: 'Why Do I Have to Repent or Ask for Forgiveness If I Am Not Making Mistakes?' (Video) | Politics (christianpost.com)

I honestly don't get it. How anyone can believe in their heart that the author of those words is God's choice for them to choose.

God bless, oh, and vote wisely folks
Ted

I'm old enough to remember when, after Obama was first elected, all the predictions were made about how the US dollar would collapse, the economy would crash, chaos would ensue, and conservatives/Christians would be rounded up and put onto FEMA camps.

Obviously none of that happened, yet few (if any) of the doomsayers apologized for being so shockingly wrong.

I personally hope we Christians learned from that and will be more careful about crying wolf so often, because it certainly doesn't help attract folks to our faith and churches.

Hey @JayBird

I'm afraid not.
God bless,
Ted

The Price of Gold is probably the single best measure of inflation for the US dollar. An ounce of gold now costs 47% more than it did when Biden became president (Feb 1, 2021).

Real Inflation under Biden = 47%

I talked to someone who understood inflation was bad for his parishioners but the church's investment was up 20%. You need to be up 47% over the last 3+ years just to be treading water. Inflation is a thief in the night, it is stealing money from every single account in the country.

When asked about this Biden said his economic policies were working!

HOW THE BEAST SYSTEM WILL BE IMPLEMENTED IN 10 STEPS, AND ITS STARTING NOW

Bringing back the classics, NINJA loans

https://justthenews.com/nation/stat...ces-0-down-no-payment-home-loans-undocumented

California advances 0 down, no payment home 'loans' for undocumented immigrants

This was the key to the 2008 mortgage meltdown. A cunning plan. You give them the house and for five years the scrape together every penny they have to pay the mortgage in hopes of a better life, then, and this is the cunning part, you make the interest rate jump so that the mortgage doubles. They can't pay, you foreclose. Imagine they paid $2,000 a month for 60 months (120k) and then you double the mortgage, they can't pay, you seize the house and you keep the 120k! Banks love it, politicians love it, and apparently the governor of California loves it too.

Hey @ZNP

Yes, China right now is dealing with some economic issues. We've been through that a few times in our history. Just imagine that such things happen to countries all over the world. Do you remember that there was a time that American mortgage holders were seriously in default. But China is a big nation with lots of economic strengths. It will likely recover, just as we have recovered from similar times here in the states. The speaker says that this wave is happening 30 years after the last. That's a lot longer than our last economic collapse. Our last one was only 15 years ago.

There is, at least I've seen it somewhere many years ago, a pretty convincing argument to be made that the Silk Road initiative is the beginning of the Asian nations building a roadway to Israel. A roadway that some say will allow for the vast armies of the world to one day rise up against Israel. If that's true, then this could be happening and has been happening now for a few years. I think Xi approved the Silk Road initiative, also known as the Belt and Road initiative, in 2013. So that's been in the works now for about 10 years.

God bless,
Ted

The cause of their economic distress is 3d printers replacing much of their jobs. It is the tip of the iceberg for all the jobs that will be replaced by AI. Unlike the industrial revolution which put horses, oxen and donkeys out of business AI will take jobs from people. The computer revolution did not take jobs, it sped up communication making things more efficient and therefore more productive. AI is a completely different beast, but it is too late to do anything about it, we have passed the point of no return. The beast system is already rising.

As for China, if the US economy was strong we could weather the storm, but the US is on the verge of another run on the banks due to commercial real estate bubble.

Not only so but inflation is far worse around the world than in the US, so if it is bad here it is horrific in other parts of the world, hence the move towards war. That is the best way for dictators to solve unrest at home. True for China, Iran, Russia, North Korea, Venezuela and the rest of the world. Anyone who doesn't realize that WW3 has already begun is blind. Ukraine was the "pre season game". All the losses to Russia was simply them cleaning out prisons which in turn saves the country money and frees up more labor.

Also, China realizes the only thing between them and seizing Taiwan (and thus controlling essential chip manufacturing for the new Beast economy) is the US. Iran realizes they can't defeat Israel as long as the US is helping them. Russia realizes they can't defeat NATO as long as the US is supporting them. Venezuela and North Korea can also see plenty of financial motivation to attack the US. We are next up, the primary target for this alliance.

Hey @ZNP

Is there a blood connection between you and Chicken Little, or has her anxiety just rubbed off on you?
So is it Americans using 3d printers that are putting people in China out of work, or is it the Chinese? And yes, I absolutely agree with you that AI holds some scary possibilities. However, I don't know that either of the presidential candidates are against the development of AI.

Donald Trump

As former president, Trump has an actual track record with AI: His administration created a Select Committee on Artificial Intelligence, and he signed an executive order in early 2019 that mostly ordered agencies to invest in AI products and research and created a data-sharing partnership with the private sector.

But that was then, and in the midst of this year’s hype about generative AI and AI risk, Trump hasn’t said very much about it at all. He did, however, share an AI-generated image of himself in prayer on his social media platform Truth Social. There’s also an X account (unaffiliated with his campaign) that features AI-generated images of the former president at various signal moments in human history, which has become a tongue-in-cheek, deeply surreal rallying point for very-online Republicans.

So, you're not voting for him on the basis of his stand on AI.

While I do agree fully that the things you see coming will be coming, I'm not necessarily in agreement with the circumstances that you see today as being correctly identified as those 'things'.

But the U.S. economy is strong. Nearly every indicator shows that. Just because prices have gone up across the board does not make the U.S. economy weak or strong. It's just a reset in prices and as wages, which most have already adjusted, complete adjusting we'll settle into another period of calm for a while. As I understand it, the largest driver of this recent bout of inflation came about because 4 years ago we raised a lot of wages all across the nation. Employee wages are usually the largest line item expense for any business. If you jack that cost up 15-25%, then prices are going to go up for finished products. It's just a simple economic fact that when costs of production go up, prices also go up.

So, we jacked up wages pretty heavily across the board and we're now finishing the adjusting for that process. Inflation will settle down and we will go on with our lives until Jesus returns just as he said. We will be living pretty normal lives when he returns. But there will certainly be days of great tribulation ahead. We are currently in the birth pains and I don't know how long those will last. The Scriptures give no instruction as to the length of the 'time of the birth pains'. Just that they will be times of great earthquakes in diverse places and wars and rumors of war. But Jesus is preparing to come!! Selah!

I try not to read your posts and this one reminded me why. I don't like to be insulting, but you are clueless. I am not afraid of AI, nor do I encourage anyone to try and stop it's development. That is a fool's errand and you would be crushed by the word of God. Since we were told it would be here you would be fighting against God. It does not make me anxious, rather it means I can see the day approaching and so I am looking up because my redemption is drawing near. It is obviously not an issue in the election so you trying to make it one just makes you look even more ignorant. Trying to tie this to the election may be important to you but not to me, and so this only makes me wonder why it is so important for you to tie everything to this election? You have been on this forum for three weeks and I can see why many have been alienated by you.

I enjoy a discussion with someone who disagrees with my assessment as long as they bring something to the table. I read this post because it was addressed to me but after reading it I am encouraged to ignore your posts as much as possible.

We also disagree on what the scriptures say, which is fine, I don't know of anyone who has identical beliefs on eschatology. But the principle I do hold dear is summed up in one of my favorite hymns, and you have violated that principle when you say the scripture gives no instruction as to the length of time. That is patently false and flies in the face of many scriptures. This is the hymn by George Rawson.

1
We limit not the truth of God
To our poor reach of mind,
By notions of our day and sect,
Crude, partial and confined.
Now let a new and better hope
Within our hearts be stirred:
The Lord hath yet more light and truth
To break forth from His Word.
2
Who dares to bind by his dull sense
The oracles of heaven,
For all the nations, tongues and climes
And all the ages given!
The universe how much unknown!
That ocean unexplored!
The Lord hath yet more light and truth
To break forth from His Word.
3
Darkling our great forefathers went
The first steps of the way;
’Twas but the dawning yet to grow
Into the perfect day;
And grow it shall, our glorious Sun
More fervid rays afford:
The Lord hath yet more light and truth
To break forth from His Word.
4
The valleys past, ascending still,
Our souls would higher climb,
And look down from supernal heights,
On all the bygone times;
Upward we press, the air is clear,
And the sphere-music heard!
The Lord hath yet more light and truth
To break forth from His Word.
5
O Father, Son and Spirit, send
Us increase from above;
Enlarge, expand all Christian hearts
To comprehend Thy love;
And make us all go on to know
With nobler powers conferred:
The Lord hath yet more light and truth
To break forth from His Word.

It has become obvious that some people are truly clueless about AI. First, computer programmers have been working on this since Alan Turing. But it really took off after 911. A year earlier Dick Cheney held a special conference where he wanted to completely overhaul the military but realized they wouldn't be able to get the funding without a pearl harbor like event (his words). Coincidentally (for those who believe in coincidences) we did have a Pearl Harbor like event only about nine months later. That was 911. As a result the US gave the military a blank check for their weapons and that was when they began using remote controlled drones and robots. The reason for this is they could store all the data from every mission and use it to train AI to fly the drones and operate the robots. It takes a lot of data to train these things.

I give this short history lesson so that everyone can see this thing has been a multibillion dollar R&D project for the last 20+ years. You aren't going to stop it now. Not only so but the whole world is developing AI: Israel, Russia, China, and Europe to name a few. Anyone paying attention knows that Israel is using AI to control drones to great effect and it is very likely that the drone attacks on Russia are also automated by AI.

I don't share this to make people anxious, but rather to let them see the Beast system rising out of the sea (the waters represent peoples, nations).

But AI also ties in with the Pandemic because the world leaders could forsee the problems that hundreds of millions of unemployed people would cause. This whole UBI story they have floated is a pipe dream. The one thing we know about the rich elite is they are not going to pay for other people to be useless eaters, that is their job and they aren't about to give it up.

Now you might think that the vaccine and boosters being the "final solution" to this problem of this wave of unemployment is just too hard to believe. I mean of course we gave infected blankets to the native Americans to kill them, but that doesn't mean they would do the same thing to us. Sure they develop bioweapons in military facilities for the use in war, but that is just theoretical, they wouldn't actually do that. OK, if that is your feeling, fine, but there is no good scientific reason for the vaccine mandate and all the boosters. Especially for Fortune 500 companies. Why were they all mandated to take all these shots? It doesn't make sense until you realize that AI is going to take jobs away from hundreds of millions of people. AI is already at that level, all they need to do now is train it which only takes a few months. You can expect pink slips by Christmas if not before. Also it is highly unlikely any college graduates will be hired by Fortune 500 companies next June.

I am not saying this to "scare" people because to me this isn't scary, it means that the Day of the Lord is here and the redemption of our bodies is also here.

I was not happy with my response to you, I felt it was unkind and lacked mercy. Instead I think I should clearly say what is offensive and why.

Here is what is rubbing others the wrong way. You have been on this forum for almost four weeks and you assume you know people. In this post you make several false assumptions about me:

1. You assume I am anxious.

2. You assume I am against the development of AI.

3. You assume this will somehow impact the presidential election despite it not being an issue raised by either candidate, a bizarre assumption.

4. You then state matter of factly that I am not voting for Trump because of AI.

These four assumptions are about me, they have no basis in anything I have posted and anyone who actually has read what I have posted over the years knows that. No one likes someone who tries to speak for them, put words into their mouth, and assumes things that are not true. Sometimes there will be those who ask for you to clarify what something meant because to them it meant one thing. @JayBird has done that several times with me. That is fine. But what you do will absolutely offend everyone. I can't speak for others but this is what turns me off with your posts.

It was all unnecessary. Instead you could simply speak for yourself instead of trying to ascribe ugly conclusions about others and then pretending they are facts.