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Thread: Will this burst the bubble?

  1. #1
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    Default Will this burst the bubble?

    According to multiple reports from publications in the financial world, China's economy is about to collapse. One company that is putting tremendous pressure on the Chinese economy is the debt laden Evergrande. Last night the Hang Sent index dropped 3 1/2 %. This in turn has caused great concern on Wall Street which is seen in the Dow Futures. The Dow Futures are currently down 541 points. True this is not a massive drop, but will this situation burst the bubble?
    Pastor Guest

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    When people ask "Are you ready for the Fall"? you now have to ask if they can be more specific...
    "The one who says he stays in Him ought himself also to walk, even as He walked." 1Jn 2:6

    >>Without Torah, this is impossible. Don't be a harlot daughter of Rome.<<

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    Quote Originally Posted by Pastor Guest View Post
    According to multiple reports from publications in the financial world, China's economy is about to collapse. One company that is putting tremendous pressure on the Chinese economy is the debt laden Evergrande. Last night the Hang Sent index dropped 3 1/2 %. This in turn has caused great concern on Wall Street which is seen in the Dow Futures. The Dow Futures are currently down 541 points. True this is not a massive drop, but will this situation burst the bubble?
    Very possible that this is it. Evergrande is going to default on a $330 Billion debt, apparently. Lehman Bros. was $60 Billion. The Babylonian Financial system may finally come crashing down. We'll see, Lord willing. Banks failing is a real possibility so get your money out now if you can.

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    Quote Originally Posted by dmatic View Post
    Very possible that this is it. Evergrande is going to default on a $330 Billion debt, apparently. Lehman Bros. was $60 Billion. The Babylonian Financial system may finally come crashing down. We'll see, Lord willing. Banks failing is a real possibility so get your money out now if you can.

    I believe TPTB intend to crash the world's economy and destroy the currency of every nation. This will enable them to "build back better" with a Marxist economic system and a global cashless monetary system. In other words, they want total control of every individual.
    Pastor Guest

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  5. #5
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    Financial markets are down 1.5% - 2% before the open at 9:30. Will be a wild ride today.

    To answer the original question - yes, this can trigger a fall of epic proportions. The challenge is with derivatives, there is a significant amount of unknown as to what will be impacted.

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    Quote Originally Posted by Pastor Guest View Post
    I believe TPTB intend to crash the world's economy and destroy the currency of every nation. This will enable them to "build back better" with a Marxist economic system and a global cashless monetary system. In other words, they want total control of every individual.
    I agree that that is their plan. They may have forgotten, however, that God, in the heavens, the real power that is, was and will be laughs at them, and is using them to bring down Mystery babylon. Time will tell. God bless you brother!

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    Quote Originally Posted by Pastor Guest View Post
    I believe TPTB intend to crash the world's economy and destroy the currency of every nation. This will enable them to "build back better" with a Marxist economic system and a global cashless monetary system. In other words, they want total control of every individual.
    Yes
    And they borrowed all those trillions to save us from the virus.

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    Right now the Dow is down 600 points. Certainly not a "crash", but it could be an indicator that it is heading for one.
    Pastor Guest

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    Quote Originally Posted by Pastor Guest View Post
    Right now the Dow is down 600 points. Certainly not a "crash", but it could be an indicator that it is heading for one.
    Well the fed will have to make more money to increase liquidity so investors can buy stocks.
    That has always worked in the past…
    Sarcasm is what that is..

  10. #10
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    Default A digital currency should be adopted as the world's leading reserve currency

    Quote Originally Posted by Pastor Guest View Post
    I believe TPTB intend to crash the world's economy and destroy the currency of every nation. This will enable them to "build back better" with a Marxist economic system and a global cashless monetary system. In other words, they want total control of every individual.

    Here's an April 2018 article from the World Economic Forum that is in alignment with this thought. Interesting choice for a URL (
    /from-dollar-to-e-sdr).

    https://www.weforum.org/agenda/2018/...ollar-to-e-sdr

    A digital currency should be adopted as the world's leading reserve currency

    As the risk of a US-China trade war mounts, creating a geopolitically neutral and fair monetary system has become increasingly urgent. The shift from a unipolar to a multipolar world order has not been particularly orderly. Instead, it has produced a kind of monetary non-system that depends on a debt-driven, dollar-based model that is too pro-cyclical, fragile, and potentially biased to support the management of trade conflict.


    At the root of the problem are the structural trade and current-account imbalances that arise from the so-called Triffin dilemma: in order to meet global demand for the US dollar as a reserve currency, the United States must run persistent current-account deficits with the rest of the world. Last year, that deficit reached $474 billion, or 2.4% of US GDP.

    ... Article continues at link

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