We are living in exciting times. The Signposts point to Jesus soon return.

Thursday, January 14, 2016

Economic Collapse Happening Now-Rob Kirby

Prophecy Sign:  The coming global economic collapse, (and reset)

Global economic conditions are not getting better but are worsening by the year/month/day.  A time will come when the whole giant ponzi scheme will come crashing down resulting in another Great Depression.  This will set the stage for the emergence of the last days new economic world order of the Antichrist and his 10 cohorts, (Revelation 17).

Wail, you who live in the market district; all your merchants will be wiped out, all who trade with silver will be destroyed. Zephaniah 1:11 NIV

Economic Collapse Happening Now-Rob Kirby
Macroeconomic analyst Rob Kirby’s predictions of a downward spiraling economy are coming true. Kirby contends, “I think the last time we spoke, it was in early December. I suggested that a window was opening where we were very likely to see some systemic breakdowns in our financial universe to likely start occurring. Low and behold, it looks like we are seeing the beginnings of exactly what we were speaking of. The reason why we are beginning to see these things start to unfold now is that everything we’ve been told by our financial elites . . . has basically been a lie or a false flag or fraudulent.”

'Sell everything!' Dire warning from Royal Bank of Scotland as fears mount that markets are set for new crash and oil could plunge to $10 a barrel
RBS urged investors to sell everything amid warnings that oil prices could fall to the lowest level in 17 years which may spark a meltdown as severe as the 2008 financial crisis. The bank told investors stock markets could fall 20 per cent this year as it urged them to sell with a stark warning, saying: 'In a crowded hall, exit doors are small. Risks are high. The chilling warning came as oil prices fell to $30 a barrel for the first time since 2004 - but Standard Chartered said it might yet fall to as low as $10, not seen since 1998.  Analysts warned of a ‘cataclysmic year’ ahead for investors and the global economy, BP said it would have to slash 4,000 posts around the world including 600 in the North Sea. It would be a devastating blow for the North Sea oil industry already reeling from the slump in prices over the past 18 months, which have led pump prices to fall to around a pound a litre. The horrifying warnings follow a torrid start to the year on financial markets, with billions of pounds wiped off stocks in the UK and elsewhere. 

ALBERT EDWARDS: If I'm right, the US stock market will fall 75%
There are cynics, there are doomsayers, and then there's Albert Edwards, the Societe Generale economist who is in a league almost of his own. Edwards' most recent call is that if the US economy plunges into a recession led by weak manufacturing output, stocks will be worth about a quarter of what they're priced at now. It's a heavy-duty prediction. On Tuesday the S&P 500 was at 1,938.68. Edwards sees it possibly passing the low of 666 it hit during the 2008 financial crisis and ending up at just 550.

Will 2016 Be the Year the Great Bull Market Died?

$1 trillion erased from stocks so far in 2016
Canadians Panic As Food Prices Soar On Collapsing Currency

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