Prophecy Sign: The coming global economic collapse, (and reset)
Are you buckled up? The year 2015 may be one very bumpy economic ride. All the signs seem to be pointing to yet another economic slide, even harsher than that of 2008. We contend that a full blown global economic collapse must occur in order for the future Antichrist and his 10 cohorts to implement a brand new economic world order, (complete with a new buy and sell regiment). Will 2015 be the beginning of that process? Perhaps, perhaps not......we simply don't know God's timing of things. However we can say this, don't leave yourself short....plan ahead. Any number of events can and will cause a major economic downturn which may well impact you!! Get your house in order and plan for that eventuality.
They will throw their silver into the streets, and their gold will be treated as a thing unclean. Their silver and gold will not be able to deliver them in the day of the LORD's wrath. It will not satisfy their hunger or fill their stomachs, for it has caused them to stumble into sin. Ezekiel 7:19 NIV
Guess What Happened The Last Time The Price Of Oil Crashed Like This?
There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months. The last time this happened was during the second half of 2008, and the beginning of that oil price crash preceded the great financial collapse that happened later that year by several months. Well, now it is happening again, but this time the stakes are even higher. When the price of oil falls dramatically, that is a sign that economic activity is slowing down. It can also have a tremendously destabilizing affect on financial markets. As you will read about below, energy companies now account for approximately 20 percent of the junk bond market. And a junk bond implosion is usually a signal that a major stock market crash is on the way. So if you are looking for a “canary in the coal mine”, keep your eye on the performance of energy junk bonds. If they begin to collapse, that is a sign that all hell is about to break loose on Wall Street.
Five reasons why markets are heading for a crash
Many stock markets are close to their all-time highs, the oil price is plummeting, delivering a significant boost to Western and Asian economies, the European Central Bank is getting ready for full-scale sovereign QE – or so everyone seems to believe - the American recovery is gaining momentum, Britain is experiencing the highest rate of growth in the G7, God is in his heaven and all’s right with the world. All good, then? No, not good at all. I don’t want to put a dampener on the festive cheer, but here are five reasons to think things not quite the unadulterated picture of harmony and advancement many stock market pundits would have you believe.
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