Prophecy Sign: The coming global economic collapse - (followed by the implementation of the New Economic World order of the Antichrist)
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 NIV
Yes, This Is A Financial Crisis – 11 TRILLION Dollars In Stock Market Wealth Was Wiped Out In The 3rd Quarter
Did you know that 11 trillion dollars in global stock market wealth was wiped out during the third quarter of 2015? When I was emailed this figure by a friend, I was stunned for a moment. I knew that things were bad, but were they reallythis bad? When I first received this information, I had just finished a taping for a television show in which I had boldly declared that 5 trillion dollars of stock market wealth had been wiped out around the world. Unfortunately, the final number has turned out to be much larger than that. Over the past three months, the stock markets of all major global economies have been crashing simultaneously, and 11 trillion dollars of “paper wealth” has now completely vanished.
Global economy loses steam as Chinese, European factories falter
World economic growth lost momentum in September, with
factory output shrinking again, euro zone manufacturing growth slowing, and U.S.
activity steady. The latest business surveys across Asia,
Europe and the Americas
paint a gloomier picture and are likely to prompt more calls for central banks
to loosen monetary policy even further. "The data probably increases the
case for more stimulus in certain parts of the world, especially from the
People's Bank of China and the European Central Bank," said Philip Shaw,
economist at Investec in London. "Those
economies that are at less advanced paths of the recovery cycle -- the key
example is the euro zone, where we're looking at more disinflation -- may well
find more stimulus is in order."