Prophecy Sign: The coming global financial collapse, Ezekiel 7, James 5
A global economic reset is on the way. This economic meltdown, which some prognosticators expect to be as bad as the Great Depression, will set the stage for the establishment of a brand new financial world order. This new economic world order of the Tribulation period will be prosperous for a while until God judges the world. Revelation 18 tells us just what will happen to this final economic world order......complete and utter destruction.
This Is What A Financial Crisis Looks Like
Just within the past few days, three major high yield funds have completely imploded, and panic is spreading rapidly on Wall Street. Funds run by Third Avenue Management and Stone Lion Capital Partners have suspended payments to investors, and a fund run by Lucidus Capital Partners has liquidated its entire portfolio. We are witnessing a race for the exits unlike anything that we have seen since the great financial crash of 2008, and many of those that choose to hesitate are going to end up getting totally wiped out. In case you are wondering, this is what a financial crisis looks like. In 2008, other global stock markets started to tumble, then junk bonds began to crash, and finally
stocks followed. The exact same pattern is playing out again, and the
carnage that we have seen so far is just the tip of the iceberg.