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My comment: George Soros is one of the Elites. He is quite active being behind many events to bring about the NWO agenda. This is a pretty good research and article.
How George Soros Singlehandedly Created the European Refugee Crisis - And Why
George Soros is trading again.
The 85-year-old political activist and philanthropist hit the headlines post-Brexit saying the event had “unleashed” a financial-market crisis.
Well, the crisis hasn’t hit Soros just yet.
He was once again on the right side of the trade, taking a short position in troubled Deutsche Bank and betting against the S&P via a 2.1-million-share put option on the SPDR S&P 500 ETF.
More interestingly, Soros recently took out a $264 million position in Barrick Gold, whose share price has jumped over 14% since Brexit. Along with this trade, Soros has sold his positions in many of his traditional holdings.
Soros had recently announced he was coming out of retirement, again.
First retiring in 2000, the only other time Soros has publicly re-entered the markets was in 2007, when he placed a number of bearish bets on US housing and ultimately made a profit of over $1 billion from the trades.
Since the 1980s, Soros has actively been pursuing a globalist agenda; he advances this agenda through his Open Society Foundations (OSF).
What is this globalist agenda, and where does it come from?
The Humble Beginnings
The globalist seed was sowed for young George by his father, Tivadar, a Jewish lawyer who was a strong proponent of Esperanto. Esperanto is a language created in 1887 by L.L. Zamenhof, a Polish eye doctor, for the purpose of “transcending national borders” and “overcoming the natural indifference of mankind.”
Tivadar taught young George Esperanto and forced him to speak it at home. In 1936, as Hitler was hosting the Olympics in Berlin, Tivadar changed the family name from Schwartz to Soros, an Esperanto word meaning “will soar.”
George Soros, who was born and raised in Budapest, Hungary, benefited greatly from his father’s decision.
Allegedly, in 1944, 14-year-old George Soros went to work for the invading Nazis. It is said that until the end of the war in 1945, he worked with a government official, helping him confiscate property from the local Jewish population.
In an 1998 interview with 60 Minutes, Soros described the year of German occupation as “the happiest time in my life.”
'Soros’s Venture into Finance
When the war ended, Soros moved to London and in 1947 enrolled in the London School of Economics where he studied under Karl Popper, the Austrian-British philosopher who was one of the first proponents of an “Open Society.”
Soros then worked at several merchant banks in London before moving to New York in 1963. In 1970, he founded Soros Fund Management and in 1973 created the Quantum Fund in partnership with investor Jim Rogers.
The fund made annual returns of over 30%, cementing Soros’s reputation and putting him in a position of power—one he utilizes to this day to advance the agenda of his mentors.
The Currency Speculations That Threw Britain and Asia into Crisis In the 1990s, Soros began a string of large bets against national currencies. The first was in 1992, when he sold short the pound sterling and made a $1 billion profit in a single day.
His next big currency speculation came in 1997. This time Soros singled out the Thai baht and, with heavy short-selling volume, destroyed the baht’s artificial peg to the US dollar, which started the Asian financial crisis.
“Humanitarian” Efforts Today, Soros’s net worth stands at $23 billion. Since taking a back seat in his company, Soros Fund Management, in 2000, Soros has been focusing on his philanthropic efforts, which he carries out through the Open Society Foundations he founded in 1993.
So who does he donate to, and what causes does he support?
During the 1980s and 1990s, Soros used his extraordinary wealth to bankroll and fund revolutions in dozens of European nations, including Czechoslovakia, Croatia, and Yugoslavia. He achieved this by funneling money to political opposition parties, publishing houses, and independent media in these nations.
If you wonder why Soros meddled in these nations’ affairs, part of the answer may lie in the fact that during and after the chaos, he invested heavily in assets in each of the respective countries.
He then used Columbia University economist Jeffrey Sachs to advise the fledgling governments to privatize all public assets immediately, thus allowing Soros to sell the assets he had acquired during the turmoil into newly formed open markets.
Having succeeded in advancing his agenda in Europe through regime change—and profiting in the process—he soon turned his attention to the big stage, the United States.
The Big Time
In 2004, Soros stated, “I deeply believe in the values of an open society. For the past 15 years I have been focusing my efforts abroad; now I am doing it in the United States.”
Since then, Soros has been funding groups such as:
The American Institute for Social Justice, whose aim is to “transform poor communities through lobbying for increased government spending on social programs” The New America Foundation, whose aim is to “influence public opinion on such topics as environmentalism and global governance” The Migration Policy Institute, whose aim is to “bring about an illegal immigrant resettlement policy and increase social welfare benefits for illegals” Soros also uses his Open Society Foundations to funnel money to the progressive media outlet, Media Matters.
Soros funnels the money through a number of leftist groups, including the Tides Foundation, Center for American Progress, and the Democracy Alliance in order to circumvent the campaign finance laws he helped lobby for.
Why has Soros donated so much capital and effort to these organizations? For one simple reason: to buy political power.
Democratic politicians who go against the progressive narrative will see their funding cut and be attacked in media outlets such as Media Matters, which also directly contribute to mainstream sites such as NBC, Al Jazeera, and The New York Times.
Apart from the $5 billion Soros’s foundation has donated to groups like those cited above, he has also made huge contributions to the Democratic Party and its most prominent members, like Joe Biden, Barack Obama, and of course Bill and Hillary Clinton.
Best Friends with the Clintons
Soros’s relationship with the Clintons goes back to 1993, around the time when OSF was founded. They have become close friends, and their enduring relationship goes well beyond donor status.
According to the book, The Shadow Party, by Horowitz and Poe, at a 2004 “Take Back America” conference where Soros was speaking, the former first lady introduced him saying, “[W]e need people like George Soros, who is fearless and willing to step up when it counts.”
Soros began supporting Hillary Clinton’s current presidential run in 2013, taking a senior role in the “Ready for Hillary” group. Since then, Soros has donated over $15 million to pro-Clinton groups and Super PACs.
More recently, Soros has given more than $33 million to the Black Lives Matter group, which has been involved in outbreaks of social unrest in Ferguson, Missouri, and Baltimore, Maryland, in 2015. Both of these incidents contributed to a worsening of race relations across America.
The same group heavily criticized Democratic contender Bernie Sanders for his alleged track record of supporting racial inequality, helping to undercut him as a competitive threat with one of Hillary Clinton’s most ardent constituencies.
This, of course, greatly enhances the clout Soros wields through the groups mentioned above. It is safe to assume that he is now able to drive Democratic policy, especially in an administration headed by Hillary Clinton.
Simply, what Soros wants, he gets. And it’s clear from his history that he wants to smudge away national borders and create the sort of globalist nightmare represented by the European Union.
In recent years, Soros has turned his attention back to Europe. Is it a coincidence that the continent is currently in economic and social disarray?
Another Home Run: the Ukrainian Conflict
There’s no doubt about Soros’s great influence on US foreign policy. In an October 1995 PBS interview with Charlie Rose, he said, “I do now have access [to US Deputy Secretary of State Strobe Talbott]. There is no question. We actually work together [on Eastern European policy].”
Soros’s meddling reared its ugly head again in the Russia-Ukraine conflict, which began in early 2014.
In a May 2014 interview with CNN, Soros stated he was responsible for establishing a foundation in the Ukraine that ultimately led to the overthrow of the country’s elected leader and the installation of a junta handpicked by the US State Department, at the time headed by none other than Hillary Clinton:
CNN Host: First on Ukraine, one of the things that many people recognized about you was that you during the revolutions of 1989 funded a lot of dissident activities, civil society groups in Eastern Europe and Poland, the Czech Republic. Are you doing similar things in Ukraine?
Soros: Well, I set up a foundation in Ukraine before Ukraine became independent of Russia. And the foundation has been functioning ever since and played an important part in events now.
The war that ripped through the Ukrainian region of Donbass resulted in the deaths of over 10,000 people and the displacement of over 1.4 million people. As collateral damage, a Malaysia Airlines passenger jet was shot down, killing all 298 on board.
But once again Soros was there to profit from the chaos he helped create. His prize in Ukraine was the state-owned energy monopoly Naftogaz.
Soros again had his US cronies, Secretary of the Treasury Jack Lew and US consulting company McKinsey, advise the puppet government of Ukraine to privatize Naftogaz.
Although Soros’s exact stake in Naftogaz has not been disclosed, in a 2014 memo he pledged to invest up to $1 billion in Ukrainian businesses, but no other Ukrainian holdings have since been reported.
His Latest Success: the European Refugee Crisis Soros’s agenda is fundamentally about the destruction of national borders. This has recently been shown very clearly with his funding of the European refugee crisis.
The refugee crisis has been blamed on the civil war currently raging in Syria. But did you ever wonder how all these people suddenly knew Europe would open its gates and let them in?
The refugee crisis is not a naturally occurring phenomenon. It coincided with OSF donating money to the US-based Migration Policy Institute and the Platform for International Cooperation on Undocumented Migrants, both Soros-sponsored organizations. Both groups advocate the resettlement of third-world Muslims into Europe.
In 2015, a Sky News reporter found “Migrant Handbooks” on the Greek island of Lesbos. It was later revealed that the handbooks, which are written in Arabic, had been given to refugees before crossing the Mediterranean by a group called “Welcome to the EU.”
Welcome to the EU is funded by—you guessed it—the Open Society Foundations.
Soros has not only backed groups that advocate the resettlement of third-world migrants into Europe, he in fact is the architect of the “Merkel Plan.”
The Merkel Plan was created by the European Stability Initiative whose chairman Gerald Knaus is a senior fellow at none other than the Open Society Foundations.
The plan proposes that Germany should grant asylum to 500,000 Syrian refugees. It also states that Germany, along with other European nations, should agree to help Turkey, a country that’s 98% Muslim, gain visa-free travel within the EU starting in 2016.
Political Discourse
The refugee crisis has raised huge concern in European countries like Hungary.
In response to 7,000 migrants entering Hungarian territory per day in 2015, the Hungarian government reestablished border control in order to keep the hordes of refugees from entering the country.
Of course this did not go down well with Soros and his close allies, the Clintons.
Bill Clinton has since come out and accused both Poland and Hungary of thinking “democracy is too much trouble” and wanting to have a “Putin-like authoritarian dictatorship.”
Seeing through Clinton’s comments, Hungarian Prime Minister Viktor Orbán responded by saying, “The remarks made about Hungary and Poland … have a political dimension. These are not accidental slips of the tongue. And these slips or remarks have been multiplying since we are living in the era of the migrant crisis. And we all know that behind the leaders of the Democratic Party, we have to see George Soros.”
He went on to say that “although the mouth belongs to Clinton, the voice belongs to Soros.”
Soros has since said of Orbán’s policy toward the migrants: “His plan treats the protection of national borders as the objective and the refugees as an obstacle. Our plan treats the protection of refugees as the objective and national borders as the obstacle.”
It’s hard to imagine that he could be any clearer in his globalist intentions.
The Profit Motive
So why is Soros going to such lengths to flood Europe with hordes of third-world Muslims?
We can’t be sure, but it has recently come to light that Soros has taken a large series of “bearish derivative positions” against US stocks. Apparently, he thinks that causing chaos in Europe will spread the contagion to the United States, thus sending US markets spiraling downward.
The destruction of Europe through flooding it with millions of unassimilated Muslims is a direct plan to cause economic and social chaos on the Continent.
Another example of turmoil equaling profit for George Soros, who seems to have his tentacles in most geopolitical events.
We all understand correlation is not causation. However, given Soros’s extraordinary wealth, political connections, and his long track record of seeing and profiting from chaos, he is almost certainly a catalyst for much of the geopolitical turmoil now occurring.
He is intent on destroying national borders and creating a global governance structure with unlimited powers. From his comments directed toward Viktor Orbán, we can see he clearly views national leaders as his juniors, expecting them to become puppets that sell his narrative to the ignorant masses.
Soros sees himself as a missionary carrying out the globalist agenda taught to him by his early mentors. He uses his vast political connections to influence government policy and create crises, both economic and social, to further this agenda.
By all appearances, Soros is conspiring against humanity and is hell-bent on the destruction of Western democracies.
To any rational thinker, some global events just don’t make sense. Why, for example, would Western democracies take in millions of people whose values are completely incompatible with their own?
When we look closely at the agenda being actively promoted by the leading globalist puppet master, George Soros, things become a little clearer.
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On Soros & Gold
David, again.
While I’m not a conspiracy theorist per se, I do believe there is a naturally occurring and constant collaboration about shared interests occurring amongst the heads of governments, corporations, investment managers and all of the bottom feeders that survive off their scraps.
What I find most interesting about Soros is that he is so obvious in his intentions and persistent in their pursuit. Given the consequences of his actions, it is also clear he’s a believer in moral relativism and that the ends justify the means.
That he turns a nice buck in his crusade for what certainly rhymes with a one-world government is a Soros hallmark.
“It allows me the money needed to fund my philanthropies” he might answer to the charges he is profiting from blood in the streets he was instrumental in spilling.
Going forward when something big is happening geopolitically, I am going to start my analysis by checking under rocks for signs of Soros.
At the beginning of this article we noted that Soros has gone big into American Barrick (ABX), a leading gold producer. As of the end of March it was his single largest holding at 7.36% of his overall portfolio.
As telling, he has dumped a lot of his more conventional stocks in recent months.
Given the man’s inside track – and active manipulations – you might want to take the hint and pick up some physical gold as an insurance policy against a systematic shock.
If you already own gold, I probably wouldn’t chase it here as it has had a good run of late. Ditto silver which is up 46% year to date. But if you don’t own some, adding precious metals to your portfolio as a long-term holding, even at today’s prices, makes sense.
Per last week, I continue to believe the gold stocks have probably gotten ahead of themselves and could be in for a pretty significant correction. If so, I would be inclined to up my allocation to the sector to 20% of my total portfolio.
That said, no one can predict the future and gold could continue to power ahead, with the gold shares a more leveraged way to play the sector.
As always with gold shares, it is important to remember a few things:
In most cases, these are speculations. That’s because their financial metrics often don’t line up with anything looking like a good value. What you are really betting on is a revaluation of the ounces of gold or silver a company is sitting on. Thus, if a company is sitting on one million ounces of gold and gold goes up by $100, the company just got a lot more valuable.
Never fall in love with a gold stock. Set a rational return goal and once hit, at least scrape your original investment off the table. That way you are playing with the casino’s money. Also per my article last week, keep in mind that should gold stocks buck the trend in a future global equities correction, the money managers who own big positions in gold stocks will almost certainly dump their holdings in order to dress up the rest of their portfolios. As the trading volume in precious metals share is relatively thin, you want to beat them out the door.
Embrace the volatility. The low trading volume of most of these stocks is a key reason they have such explosive upside. Any significant uptick in investor interest can send a stock soaring. However, the flipside is also true. In the bear market that started in 2011, the majority of the precious metals stocks lost upwards of 75% of their value and many simply dried up and went away. Enjoy the ride, but don’t stay too late at the party.
Earlier this week I commented to a friend that if the EU was going to remain relevant, there had to be some major financial pain dished out post-Brexit. To let that seminal event pass with nothing more than the equivalent of a global shrug would entirely change how people view the European Union.
The bottom line, I’m expecting some volatility, perhaps triggered by Soros taking a second run at crushing the British pound, the source of much of his fortune and fame.
It’s promising to be a long, hot summer.
Here Come the Clowns
Nothing comes close to the Get Out of Jail card handed by the clowns at the FBI to Hillary over her private email servers. This despite pretty much no one disputes she broke any number of federal laws of the sort which would have landed a lesser clown in jail.
To quote FBI Director James Comey, “Although there is evidence of potential violations of the statutes regarding the handling of classified information, our judgment is that no reasonable prosecutor would bring such a case.”
There is nuance in that statement. For starters, that there is evidence of violations. But also the stark political reality that no “reasonable prosecutor” would enforce the laws, considering who the perp is: the standard bearer for the Democrats going into this election.
Besides, going after Clinton means crossing swords with Soros and no “reasonable prosecutor” would want to do that.
Just saying…
Blessings
Re: A new Global Economic Restructure in 2012
[Re: Elle]
#181013 07/14/1605:24 PM07/14/1605:24 PM
Jim Willie:New World Order Elites In Fear Of Gold Standard & White Hat Society
Published on Jul 8, 2016 "Numerous topics covered, all over the map, from the British Exit, to the overturning of the Western Elite by the Asian ancient wealthy families known as the White Dragon Society, the installation of the Gold Standard with its many positive effects, along with some stories on false terror incidents and some atypical Jackass forecasts
My Comment : Two things that struck out from this interview, Jim says that he suspect that his main source, named "the voice", is working with the Chinese to set up the gold standard which would explain why "the voice" knows so much of what goes on behind the scenes. If that is so, then Jim is well connected.
The second thing is after the 1hr mark, Jim talks about the White Dragon Society which consist of Chinese Royal families. Up to now, I have only heard Benjamin Fulford talked about this same group. Most likely Ben and Jim have different informants having different task from this society.
What's is in common from Ben's and Jim's sources is they both express the same exact goals of this White Dragon Society. Jim explains why he strongly believes that this current KM(Khazarian Mafia) Tyrants system that ravage the world today will not be replaced by another same old system by the Chinese with a different robe. His reason lies in their difference polar belief system. The current ruling Elites are Satanists whereas these Royal Chinese family are Buddhist. There's a sharp contrast in beliefs between the two.
Jim's words : "The Eastern directives is about: Global Harmony, taking good care of the earth rather than destroying it with chemtrails, GMO's foods, fracking the water systems, harping HAARP to create earthquakes and tsunamies... The East has rebelled against the Western agenda to wreck the earth. The East has rebelled against the Western agenda of Bond fraud, monetary fraud, and all kinds of economic fraud towards impoverishing the world including home equities in Western nations that used to be the corner stones...its been wrecked. The Chinese and the White Dragon Societies has made demands with threats to the Western Elites. What I have heard that in early 2015, 90% of the entire Western Elites has signed on and conformed to the Eastern directives regarding earth integrity and banking security and integrity. I'm talking about the Rockfeller, Bush and Rothschild families.
I think I don't need to expand what the Satanist goals are as we see it now. But Buddhist teaches to be in harmony with nature by not exploit it or manipulating it. Here's a quote of their beliefs :
Quote:
The Buddha taught that respect for life and the natural world is essential. By living simply one can be in harmony with other creatures and learn to appreciate the interconnectedness of all lives. The simplicity of life involves developing openness to our environment and relating to the world with awareness and responsive perception. It also enables us to enjoy without possessing, and mutually benefit each other without manipulation." 1
So Jim says (same thing as Ben always been saying) these Chinese Royal Families are for restoring the earth, and the nations economies.
Blessings
Re: A new Global Economic Restructure in 2012
[Re: Elle]
#181015 07/14/1607:49 PM07/14/1607:49 PM
My comment: Good article that gives an alternative perspective of the root of terrorism.
I had already brought forth an article about the Saudi involvement in the formation of the terrorist via their Wahhabi religion promoted worldwide in their mosque.(see Post#179166 to learn about the difference between the Shia and Sunni and the Sunni-Wahhabi-Saudi connection with ISIS). I wouldn't go as far as saying that the Saudi is the main contributor of these terrorist as this writer seem to be saying. I agree it was via the Saudi state intolerant religious idealism that these terrorist were created by taking writings of the Koran LITTERALLY (we have the same problems within the Christians history). I would agree with the opinion of the people inside these devastated countries who points their fingers at the US and Israel as being the most responsible. Turkey also has played another major role in facilitating this operation in allowing ISIS to go thru their borders to enter Syria and Iraq while providing medical aid to ISIS injured soldiers and reselling ISIS stolen oil. Then the Western countries also played other roles in this. To my understanding, all countries allied to Mystery Babylon to a greater or lesser degree had a role and contributed in this Global terrorism plague.
As you know, the Lord has "this plague of terrorism" in His plan. He's on top of it and at the end He will use it for His purpose. I often wonder if "the heathens" in Joel 2:17 might be this group of global terrorist? Maybe the Lord will use them to bring repentance to all the Christian denominations just before the latter rain?
AV Jl 2:15 "Blow the trumpet in Zion, sanctify a fast[day of atonement], call a solemn assembly: 16. Gather the people, sanctify the congregation, assemble the elders, gather the children, and those that suck the breasts: let the bridegroom go forth of his chamber, and the bride out of her closet. 17 Let the priests, the ministers of the LORD, weep[could be all the pastors of all denominations] between the porch and the altar, and let themsay, Spare thy people, O LORD, and give not thine heritage to reproach, that the heathen should rule over them: wherefore should they say among the people, Where [is] their God?"
Well we will see what the Lord has in mind how to fulfill this prophecy. Many has speculated and expects that this Babylonian created group of terrorism most likely will get out of their control and become a grand problem. I believe the Lord has a solution to every problem.(maybe it is Joel 2:17?)
Pakistan, a nation of 200 million, is witnessing a plethora of oppression, injustice, tyranny, religious exploitation and blatant lying. A majority of the population live in either various forms of poverty as victims or in fear of targeted killings and kidnappings for ransom by workers of the major political parties and religious terrorists. The perpetrators – politicians and judiciary (the legal system including the upholders of law) as well as the clergy (known as ulema or mullah) are corrupt to the very hilt and this has filtered deep into the fabric of the nation’s national character.
The brunt of this is being felt among the people living in villages and ghettos who’re being exploited mainly by the clergy while 6-10% of the rich and upper middle class who live in large cities continue to eat the fruits sowed with the seeds of corruption in every government heirarchy. Pakistan is a nation in chaos as are many other Muslim countries whose citizens are victims of terrorism, tyranny, corruption, oppression and injustice. These will be illustrated as several epitomes in the following paragraphs.
I was going to omit reference to the corruption in the military but after receiving a rather interesting email, I decided to include the contents after investigating the authenticity of the email. In brief, during his regime, General Zia-ul-Haq of Pakistan was en route to USA on an official visit with his wife. Several gifts were loaded on the plane for distribution and among them were some marble lamps. Due to last minute plan changes, the marble lamps were not loaded in the cargo section. The Federal Investigation Agency (FIA) found the lamps left behind and after failing to trace the owner(s), broke the lamps and found them stuffed with heroin. After several arrests, the track led to Zia’s ADC Captain Qamar Zaman, the “adopted son” of the general. I traced an article in Pakistan Tribune newspaper of 11 October, 2011 as well as the book “Profiles of Intelligence” by Brigadier A.I. Tirmizi. Fascinatingly, Qamar Zaman was appointed Chairman of Pakistan’s National Accountability Board (NAB) the very authority charged to investigate corruption. Details of Qamar Zaman’s corruption are noted on the referenced article.
On 9 July 2016 a noble and humble Pakistani philanthropist, Abdul Suttar Edhi, died at the age of 88 in Karachi serving humanity, the very essence of Islam. In a blog EDHI: A LIFE LESS ORDINARY in the newspaper The Dawn , filmmaker and journalist Hassan Zaidi wrote In fact, if anything made him (Edhi) bitter it was how some mullahs (clergy) had perverted the spirit of religion with literal interpretations. He would rail many times about how the clergy only created problems for other people, never helped those in need. In another anonymous blog, Edhi’s wife Bilquis stated that “What we are doing (charity) should be done by the government and should be appreciated, but instead we are blamed.” I remember an Italian saying ‘the fish smells from the head’ – true enough.
The corruption, tyranny, oppression, religious intolerance, terrorism and injustice in Pakistan are representative across the entire Muslim world. Muslims are fleeing from their own countries and seeking sanctuary anywhere where they can escape the horrific crimes being perpetrated against innocent men, women and children by their leaders and extremist groups like Al-Qaeda, Islamic State and Taliban.
Ask Muslims about the roots of terrorism and they’re quick to point the fingers at the USA or Israel. They’re not thinking. They’re not thinking inwardly. The plague of terrorism is homemade, not foreign. The western countries however prop up the Muslim perpetrators with bribes and political protection so that they can extract economic benefits from the mayhem. Why not exploit the homegrown situation?
Terrorism was born predominantly in Saudi Arabia and Pakistan as a tool to expel Soviets from Afghanistan in 1980s. The other day I was asked about these three countries. The official descriptions of Pakistan and Afghanistan are THE ISLAMIC REPUBLIC OF PAKISTAN and ISLAMIC REPUBLIC OF AFGHANISTAN. I posed a question to several Muslims: are these two countries Islamic or republics or democracies as their leaders and politicians claim? The answers were unanimously ‘no’ in each case. They are hypocrisies and mirror reflections of Saudi Arabian monarchy in every respect. These countries are namesake Islamic only, not in principle or in spirit. The blame also lies with the clergy who mislead Muslims and appease the political leaders for personal gains and power sharing.
The current Prime Minister Nawaz Sharif owes much to the Saudi monarchy as it had granted him sanctuary during his 9 year exile from Pakistan in 1999 following a military coup. Saudi Arabia has granted sanctuary to other heads of Muslim countries known for their extremities of corruption, oppression, tyranny, murder, mayhem and injustice against their peoples. A case is that of Idi Amin President of Uganda from 1971-1979, an incredibly disturbed psychotic who is on record to have killed half million citizens. Another corrupt tyrant-dictator who was granted sanctuary in Saudi Arabia was the former President of Tunisia Zain El-Abedin bin Ali (1987-2011). He fled with his notorious wife Leila bin Ali and nearly 1.5 tons of gold valued at $75 million. Why has the Saudi monarchy granted sanctuary to such tyrants? One can only surmise that “birds of a feather flock together”.
The plague of terrorism was born and nurtured in Afghanistan and Pakistan in prayer houses (mosques) of God under control of fundamentalist clergies trained and funded by the same country that has supported and granted sanctuary to tyrants, dictators, political criminals, unjust rulers, oppressors and murderers. One of them was President Zia-ul-Haq of Pakistan, a religious zealot, who together with Saudi Arabia aspired to promote Wahhabism- an extremist belief far removed from mainstream Islam which preaches humanity and tolerance – across the Muslim world. Fortunately his aspirations died with him in a military airplane crash in 1988 but the monarchy and Wahhabism continues to survive and grow like a cancerous plague of radicalism, terrorism and terrorists.
The plague spans not only the Muslim countries but even the USA and European nations. The only Muslim country which has successfully prevented terrorism within its borders is Iran. Whether they belong to Al-Qaeda, Taliban or the Islamic State (IS), these bearded terrorists are products of extremism and religious fundamentalism, brainwashed in mosques by the Saudi trained clergy to indiscriminately kill men, women and children. Then they vanish in the crowds and find sanctuary in the mosques. They call themselves Muslims who believe that God has chosen them to do His bidding and that they’ll be rewarded in Paradise.
Let us now consider in a couple of paragraphs how to eliminate the global plague. The US and European NATO partners have a grand plan for Saudi Arabia, a nation that cannot defend itself but would willingly pay other Muslim countries to do its dirty job. It has hopes that Pakistan, Afghanistan, other Arab monarchies would send regular army troops to defend the country and the two holy sites in Mecca and Medina. It has thus formed a coalition of Sunni Muslims including Al-Qaeda, IS and Taliban to counter the growing influence of Shia axis (Iran, Iraq, Syria and Hezbollah) in the Middle East. The grand plan is to start a civil war between Shias and Sunnis (both Muslims) and thus contain the plague in US and EU while Muslims will be engaged in throat cutting.
As to the timing of the civil war, it might just well be in less than two years following the US elections. Donald Trump, the Republican Party presidential nominee, is the circus clown who has been thrown into the ring to gauge the sentiments of the Americans towards Muslims while the “terrorists” unleash chaos in the US. Behind the scenes is the juggler, Hillary Clinton (endorsed as the Democratic Party presidential nominee), as she spins a web that will lead to the Shia-Sunni civil war in the Middle East. Iran’s Supreme leader Khamenei warned his nuclear negotiators that under the N-deal is a “half nuclear bowl” suggesting caution that the US-EU has an ulterior motive. Now that the sanctions are gradually being lifted, Iran is economically and militarily preparing towards the eventuality of the civil war that it has foreseen in the “half nuclear bowl”. I perceive that the civil war will be a major regional conflict that will prolong many years till terrorism and fundamentalism will be defeated and peace will prevail but the human toll among Muslims will be massive.
Gulam Asgar Mitha is a retired Technical Safety Engineer. He has worked with several N. American and International oil and gas companies. He has worked in Libya, Qatar, Pakistan, France, Yemen and UAE. Currently Gulam lives in Calgary, Canada and enjoys reading and keeping in tune with current global political issues. The views expressed are his own and do not necessarily coincide with one’s of the Editorial Board.
Blessings
Re: A new Global Economic Restructure in 2012
[Re: dedication]
#181071 07/19/1608:46 PM07/19/1608:46 PM
Their water, air, soil pollution has reached toxic proportions.
But is anyone worried about pollution anymore? Everyone is patting themselves on the back for changing their lightbulbs and saving a fraction of a kilowatt hour.
Re: A new Global Economic Restructure in 2012
[Re: kland]
#181079 07/20/1601:14 AM07/20/1601:14 AM
Their water, air, soil pollution has reached toxic proportions.
But is anyone worried about pollution anymore? Everyone is patting themselves on the back for changing their lightbulbs and saving a fraction of a kilowatt hour.
I am.
The question is; What to do about it?!? I do what I can, but, in the end it isn't much.
Re: A new Global Economic Restructure in 2012
[Re: Elle]
#181116 07/22/1605:28 PM07/22/1605:28 PM
My comment: While terrorist is causing major social problems on top of the current financial collapse with all other problems, George Soros tells countries to accept 300,000 refugees a year and pay $30 billion a year which they don't have and believe that this will prevent their collapse??? Anyone understanding his logic? Or the "their" really means Mystery Babylon aka Cabals, Khazarian Mafia, Luciferians, Zionist, etc....
Seemingly doubling down on his comments in April (following what he called Europe's "flawed asylum policy"), George Soros has expanded his demands from four to seven fundamental pillars on how to prevent the collapse of the European Union. In an article penned for Foreign Policy titled “This Is Europe’s Last Chance to Fix Its Refugee Policy," Soros details his plan (over-riding the current "piecemeal approach") for rescuing Europe before it is too late. Simply put, the billionaire says the EU must take in hundreds of thousands of refugees a year, spend at least 30 billion euros (a minor sum, since he believes it can all be financed by debt and taxes) or Europe faces an "existential threat."
Soros begins ominously: The EU’s piecemeal solutions are coming apart. Only a surge of financial and political creativity can avoid a catastrophe.
Quote:
The refugee crisis was already leading to the slow disintegration of the European Union. Then, on June 23, it contributed to an even greater calamity — Brexit. Both of these crises have reinforced xenophobic, nationalist movements across the continent. They will try to win a series of key votes in the coming year — including national elections in France, the Netherlands, and Germany in 2017, a referendum in Hungary on EU refugee policy on Oct. 2, a rerun of the Austrian presidential election on the same day, and a constitutional referendum in Italy in October or November of this year.
Rather than uniting to resist this threat, EU member states have become increasingly unwilling to cooperate with one another. They pursue self-serving, discordant migration policies, often to the detriment of their neighbors. In these circumstances, a comprehensive and coherent European asylum policy is not possible in the short term, despite the efforts of the EU’s governing body, the European Commission. The trust needed for cooperation is lacking. It will have to be rebuilt through a long and laborious process.
This is unfortunate, because a comprehensive policy ought to remain the highest priority for European leaders; the union cannot survive without it. The refugee crisis is not a one-off event; it augurs a period of higher migration pressures for the foreseeable future, due to a variety of causes including demographic and economic imbalances between Europe and Africa, unending conflicts in the broader region, and climate change. Beggar-thy-neighbor migration policies, such as building border fences, will not only further fragment the union; they also seriously damage European economies and subvert global human rights standards.
What would a comprehensive approach look like? It would establish a guaranteed target of at least 300,000 refugees each year who would be securely resettled directly to Europe from the Middle East — a total that hopefully would be matched by countries elsewhere in the world. That target should be large enough to persuade genuine asylum-seekers not to risk their lives by crossing the Mediterranean Sea, especially if reaching Europe by irregular means would disqualify them from being considered genuine asylum-seekers.
This could serve as the basis for Europe to provide sufficient funds for major refugee-hosting countries outside Europe and establish processing centers in those countries; create a potent EU border and coast guard; set common standards for processing and integrating asylum-seekers (and for returning those who do not qualify); and renegotiate the Dublin III Regulation in order to more fairly share the asylum burden across the EU.
And, as ValueWalk's Jacob Wolinksy notes, specifically Soros thinks the seven points below are key...
Quote:
First, the EU and the rest of the world must take in a substantial number of refugees directly from front-line countries in a secure and orderly manner, which would be far more acceptable to the public than the current disorder...
Second, the EU must regain control of its borders. There is little that alienates and scares publics more than scenes of chaos...
Third, the EU needs to develop financial tools that can provide sufficient funds for the long-term challenges it faces and not limp from episode to episode...
Fourth, the crisis must be used to build common European mechanisms for protecting borders, determining asylum claims, and relocating refugees...
Fifth, once refugees have been recognized, there needs to be a mechanism for relocating them within Europe in an agreed way...
Sixth, the European Union, together with the international community, must support foreign refugee-hosting countries far more generously than it currently does...
The seventh and final pillar is that, given its aging population, Europe must eventually create an environment in which economic migration is welcome.
Soros concludes as follows:
Quote:
The benefits brought by migration far outweigh the costs of integrating immigrants. Skilled economic immigrants improve productivity, generate growth, and raise the absorptive capacity of the recipient country. Different populations bring different skills, but the contributions come as much from the innovations they introduce as from their specific skills — in both their countries of origin and their countries of destination. There is plenty of anecdotal evidence for this, starting with the Huguenots’ contribution to the first industrial revolution by bringing both weaving and banking to England. All the evidence supports the conclusion that migrants have a high potential to contribute to innovation and development if they are given a chance to do so.
Pursuing these seven principles is essential in order to calm public fears, reduce chaotic flows of asylum-seekers, ensure that newcomers are fully integrated, establish mutually beneficial relations with countries in the Middle East and Africa, and meet Europe’s international humanitarian obligations.
The refugee crisis is not the only crisis Europe has to face, but it is the most pressing. And if significant progress could be made on the refugee issue, it would make the other issues — from the continuing Greek debt crisis to the fallout from Brexit to the challenge posed by Russia — easier to tackle. All the pieces need to fit together, and the chances of success remain slim. But as long as there is a strategy that might succeed, all the people who want the European Union to survive should rally behind it.
Interestingly, Soros goes back hundreds of years to give us the examples Huguenots and not fifty years to when France starting letting in migrants from Algeria and Morocco – so far the much recent plan has been a failure most would agree even before the recent terror attack in Nice. While hope continues to spring eternal (for many establishmentarians) that the EU stays together, we can't help but suspect that spending 30 billion euros a year (funded by taxing or indebting EU citizens more) and letting in 'even' 300,000 refugees a year when the social fabric of the looming super-state is near collapse, terrorist attacks are increasing, and unemployment in many European countries is in double digits – will likely be a non-starter.
Soros' full treatise can be found here...
Blessings
Re: A new Global Economic Restructure in 2012
[Re: Elle]
#181117 07/22/1606:22 PM07/22/1606:22 PM
My comment : Have you noticed the amount of terrorist incidents has increased quite a bit the past two weeks? I agree with Stephen Jones discernment just after the first few days of it...
The events of the past few days have been game changers.
First, the murder of five Dallas police officers by a Muslim terrorist has served to deflate the planned “Day of Rage” that was supposed to happen today. Nationwide protests were largely a dud. No doubt some potential protesters wanted to stay away for fear of more violence. Others simply did not wish to be associated with the shooter or the shooting in any way.
After the incidents in Minnesota and Louisiana where police shot and killed black men, a lot of sympathy was generated for the “Black Lives Matter” movement that was birthed in Ferguson, MO last year. That sympathy has now been squandered and lost forever on account of the actions of the sniper who killed Dallas policemen to avenge the actions of the Minnesota police.
The Nice Massacre
The truck massacre in Nice, France by a French Tunisian Muslim screaming Allahu akbar as he ran over men, women, and children has all but doomed political careers of the current pro-immigration leaders of the European nations. If anyone still had sympathies for Muslim immigrants, they are hunkering down now, dead in the water. No one dares to express such sympathy in public any more, lest it cause a riotous backlash.
France is on the verge of a second French Revolution. After the Nice attack, France’s Hollande was quoted as saying, “France must learn to live with terrorism.”
Really? If the French are not offended by such a statement, then they truly have lost the ability to think properly. But Hollande’s approval rating is about 10%, so there is yet hope for at least 90% of the French. The other 10% are probably recent immigrants.
Germans are getting tired of Angela Merkel, especially after 2000 rapes last New Year’s Day jarred the consciences of a lot of people. Anyone not wearing a burka appears to be fair game, and it is their own fault if they are raped.
Swedes have burned a lot of mosques to the ground. The attitudes of Europeans began to shift last November 13, 2015 with the Paris attacks, but this latest attack has garnered millions of new support for opposition parties who are opposed to any further Muslim immigrants.
This shift will likely also be felt here in America, once people realize that a steady stream of immigrants has been coming to America covertly, with little or no news coverage. Every new Muslim shooting incident increases the anger, fear, and suspicion and convinces a new batch of previously-uninformed Americans that danger is approaching.
We are moving quickly toward civil war unless something changes. In my view, someone up at the top of the Babylonian food chain is deliberately trying to foment trouble in order to justify a declaration of martial law. Don’t get caught up in hatred or fear-based reactions, as this will only serve their devious purpose. Someone is deliberately trying to make both sides angry enough to fight each other, so that the police and military can be seen as the “solution” to the problem which they have caused.
It is important to recognize that the Muslim immigrants are not the underlying problem. They, like everyone else, are being used for nefarious purposes by our own (hidden) Babylonian rulers who give orders to proxies—the visible world leaders. It became US policy to disrupt the Middle East back in 2003, in order to create millions of Muslim refugees so that they could be induced to move to Europe and America where they could be used in a clash of civilizations.
We are being given a choice between Babylon and the Kingdom of Christ. Choose wisely.
The Attempted Coup in Turkey
The attempted military coup in Turkey on July 15 (our main watch date) has the potential for a huge geopolitical shift of alliances. Turkish president Erdoğan is blaming his former ally Fethullah Gulen, now his arch enemy, who had turned against him and now lives in Pennsylvania. Gulen has ties with the Clinton Foundation and to President Obama, who is currently giving him protection and asylum.
Quote:
A newly-released email and lobbying documents filed with Congress reveals new ties between Clintonworld and members of a network operated by a mysterious Islamic cleric from Turkey.
Connections between Clinton and acolytes of the imam, Fethullah Gulen, could muddle the complex relationship between the U.S. and Turkey, a key NATO ally, if the former secretary of state wins the White House.
Turkey’s president, Recep Tayyip Erdoğan, has mounted an aggressive crackdown against Gulen and his followers, known as Gulenists. Erdoğan, who was once allied with Gulen, has even personally asked President Obama to extradite the 74-year-old guru, who has lived in self-exile in Pennsylvania’s Pocono mountains since 1999.
It is unclear who is leading the movement. However, Mr Erdogan insisted some in the military have been taking orders from Fethullah Gulen, a US-based Turkish cleric who the president has repeatedly accused of fomenting unrest.
He said the attempted uprising was the work of a "parallel state" and "Pensylvania" - a reference to the state where the cleric is based.
Erdoğan smells a US plot to overthrow him, in spite of Obama’s grand pledges of support.
Quote:
At this time, Turkish authorities are not permitting aircraft to depart Incirlik,” an American military official said on Saturday morning.
The American official said the United States was seeking an explanation for the decision and other details. As the NYT adds, the move may reflect a desire by Turkey to control its airspace for a time today, as opposed to any shift on its policy toward ISIS, although that remains to be seen especially with Kerry and Lavrov concluding their agreement on how to extend the "long-term ceasefire" in Syria…
Some have speculated that the airbase may be held "hostage" by Ankara as a bargaining chip ahead of demands for the extradition of Erdogan's arch enemy, Fethullah Gulen, currently a resident of the state of Pennsylvania.
Today Erdoğan is demanding the extradition of Gulen, causing a diplomatic storm. It is difficult to believe that Obama would back down in this dispute, as this might be seen as a sign of weakness. We need to watch the situation closely.
Erdoğan may have reason to suspect a US plot. In recent weeks, Erdoğan has been patching up his relations with Russia after last year’s shoot down of a Russian fighter jet. The US government does not look kindly on anyone who makes peace with Russia, because it interferes with their plans to instigate World War III. Now Turkey’s relations with the US are souring, and this is bound to push Turkey toward a Russian orbit.
The US airbase in Incirlik, Turkey, which is reputedly where the main Afghani drug traffic into Europe and America is coordinated, is now on lockdown, and the (external) power has been cut. Turkey is not allowing any flights in or out of Incirlik, not even against ISIS. For all practical purposes, the US is no longer a serious factor in the fight against ISIS. This leaves Russia and Iran in nearly full control of the battlefield.
US Secretary of State John Kerry hastily flew to Moscow for direct talks with President Putin. This was apparently done without the approval or authorization of the White House, which has many people wondering who’s in charge. The White House spokesman had nothing to say about it (as of yesterday), but it is clear that the US attempt to isolate Russia has failed, along with the US attempt to be the leader in the fight against ISIS.
Two factions seem to be emerging within the US State Department, one trying to establish peace, the other trying to foment war. The same can be seen within the Pentagon. This lack of unity is bringing about conflicting policies in the fight against ISIS as well as in relations with Russia and other nations. This conflict first became apparent last year when the US began bombing ISIS groups that were being sponsored and funded by the CIA. But it has also been apparent by watching the different directions taken by Obama and Kerry in the past two years.
All of this is part of the internal front in the war between Babylon and the kings from the east. We know from Scripture which side will win this war. We simply do not know how far it will go before the clear winner emerges.
My comment : I was following the news on the day of Turkey's "failed" coup and I assumed Dr. Jones had missed some of the news that was suspecting Erdogan staging the coup.... well after listening to Cybil Edmond, an Turkish and ex-CIA whistleblower, insights and thoughts on Jul 18th Corbett's report, I now think that it was a US & Golan staged coup to measure the public reaction. Cybil believes that this was a pre-coup with another real one probably coming.
She thinks that Erdogan responded to it by trying to insure a failure of a future greater real coup by doing a purge of all of those affiliated with the usurped and infiltration of the Turkish government that happened many decades ago.
This is a very good report with good discernment of who are potentially the real players behind this coup by accounting of Turky's history and current political situation.
Blessings
Re: A new Global Economic Restructure in 2012
[Re: Elle]
#181132 07/23/1611:53 AM07/23/1611:53 AM
My comment : Good compact summary article tying many key historical financial events that I have posted here in this discussion. Stephen looks at these historical events with a Biblical perspective.
We are coming up on July 15, as we do every year about this time. ...
Bretton Woods: 70 Years from 1944/46 to 2014/16
The year 2016 is unique, because it is 70 years since the Bretton Woods Agreement was ratified and implemented (March 8-18, 1946). The Agreement was drawn up from July 1-22, 1944, toward the end of World War II, but it took time for the nations to ratify it, so did not go into effect until 1946. This Agreement, based on the US dollar and the gold standard, became a major sign of modern economic Babylon, by which the US dollar has ruled the world for 70 years.
In fact, this is what set up what is called “The New World Order.” It is no longer “new,” and is, in fact, being replaced by the Next World Order, a transitional system brought to you by the kings from the east.
These 70 years began from 1944-1946 and are now ending from 2014-2016. The end of this 70-year cycle also coincides with the end of the “seven times” of divine judgment, when God took the Dominion Mandate from the king of Judah and gave it to Nebuchadnezzar, king of Babylon.
...
Overthrowing the Dollar
There has been dissatisfaction for many years among the nations over the huge advantage that the US economy enjoyed on account of its world reserve currency status. The Vietnam war in the late 1960’s and early 1970’s brought great deficits in the US budget, resulting in overprinting US dollars, relative to its gold holdings. This made many nations nervous. In 1971 France sent a warship to the New York harbor to collect $190 million worth of gold, rather than to accumulate more US dollars. President Nixon then closed the door on gold redemptions on August 15, 1971, so that the US dollar was no longer gold backed. People had to settle for dollars, rather than gold. Faith (in the dollar) replaced substance.
In other words, the Bretton Woods Agreement lasted only 25 years from 1946-1971. The Bretton Woods Agreement was gutted by the Vietnam war. The gold-backed dollar was then replaced by the petro-dollar in 1973 by an agreement with Saudi Arabia to sell all oil in US dollars only. By forcing oil-importing nations to use dollars, the US dollar remained the world reserve currency.
Another 45 years have now passed, and in recent years the US government has used its domination of money to impose its will (hegemony) upon other nations. Those who would not comply were invaded or sanctioned. Much discontent has arisen because of this. In 2010 the US government’s determination to retain control of its hegemonic empire caused China to decide to set up a separate world order. They planned for an alternative to the IMF, the SWIFT payment system, and the London Gold Exchange. US sanctions on Russia in 2014 brought Russia and China into a solid alliance to overthrow the US dollar as the world currency. The US government’s use of sanctions caused the kings from the east to rise up against Babylon.
The uprising against Babylon began to be felt by the end of 2014, just as the “seven times” was ending. In July 2014 we reached the 70-year anniversary of the Bretton Woods Agreement. The Shanghai Gold Exchange went live two months later on September 18, 2014.
The Transfer of Authority[my comment : done "legally" meaning first it has to be done in the court in heaven... then afterwards its manifestation on earth will happened on one of His legal time cycles] from Babylon to the saints of the Most High came into effect on the eighth day of Tabernacles, October 16, 2014. A week later, on October 24, the Asian Infrastructure Investment Bank (AIIB) was launched by China.
Those were the events 70 years ago from the Bretton Woods Agreement from 1944-1946. These starting dates suggest that whatever started in 2014 ought to be completed in 2016.
One of the most important shifts occurred on March 12, 2015, when the UK announced its decision to join the AIIB, after President Obama had urged them to boycott it. Other nations followed the UK’s lead within weeks, and when the AIIB officially opened on December 26, 2015, its founding membership was up to 30 nations. (The bank was fully launched on January 16, 2016.) It now has 57 members, representing 62% of the world’s economy, with another 27 expecting to ratify their membership by the end of 2016, when the AIIB member nations will represent 70% of the world’s economy.
The UK’s decision to join the AIIB was a startling rupture in the cohesiveness of Babylonian policy. The UK essentially switched sides and joined with the kings from the east. They did so again on June 23, 2016 when the UK decided to leave Europe. All that remains is for them to join the BRICS alliance for this to be complete. Babylon is falling apart.
China has also established an international payment system called CIPS, “China International Payment System, which is an alternative to the SWIFT system that is controlled by the top Babylonian bankers in the West. The SWIFT system channels all international payments through the Federal Reserve, which gives it enormous power and allows it to lay economic sanctions on any nation it pleases. But with the CIPS in place, there is now an alternative payment system. The CIPS system thus removes an enormous weapon from the hands of Babylon.
These changes are leading up to a truly historical moment that will change the course of world history. In the 1400’s first Portugal’s money and then Spain’s became accepted internationally as a world currency. But each fell in its turn and was replaced. Then in 1517 (the end of the Thyatira era and the start of Sardis in Scripture), the first Dutch guilder became internationally accepted as a world currency. This lasted until the British began to rule the seas in the late 1700’s, and the British pound’s world currency status lasted until World War II.
With London largely destroyed by World War II, confidence in the pound plummeted, and so the Bretton Woods Agreement made the US dollar the new reserve currency in 1944-1946. See the graph here.
That was 70 years ago. The time of the US dollar’s dominance is coming to a close, as more and more nations lose confidence in it, switching their allegiance to the new basket of currencies advocated by China and Russia. The IMF was forced to recognize China’s renminbi as one of the world currencies on December 30, 2015.
This is how Babylon is being overthrown by the kings from the east. Instead of declaring a war using their militaries, which they know would be very destructive to all, they have decided to overthrow the US dollar, which empowers the US military machine. The Babylonian hidden rulers know this, and this is why they have instructed the US government leaders to poke everyone in the eye and to fan flames in every hot spot of the world. They are trying to spark World War III in a vain attempt to maintain power.
China’s economic and financial policy is designed to elevate them to a position of prestige and power in the 21st century without a destructive war. It is a policy that suggests the pattern of the Medes and Persians when overthrowing Babylon without destroying the city.
James Davidson’s Analysis
James Davidson is a founding member and head of the National Taxpayers Union. In the late 1980’s everyone laughed at him when he predicted the collapse of the Soviet Union. But he was right. Now he openly talks about the replacement of the US dollar within the coming year. He says that China and Russia have a four-step plan:
1. Ignore the Bretton Woods Agreement and begin trading in their own currencies, rather than in US dollars. Since Nixon in 1971 had already decided to ignore Bretton Woods by abandoning the gold standard, the US could only complain hypocritically.
2. Create their own International Monetary Fund (IMF). They did so by creating the AIIB in 2015.
3. Create their own global currency (that is, a basket of currencies including the yuan).
4. Sell US dollars (bonds) and trigger the collapse of the US dollar.
The first two items on the list have been completed. The third is nearing completion, which will then allow them to collapse the US dollar itself. This will cause the rest of the nations to lose confidence in the dollar, and they will then demand a new world currency—which is ready to be implemented by the AIIB.
Fallout from the Demise of the Dollar
According to Davidson, we will see seven results of the demise of the dollar.
1. The dollar value will collapse
2. Prices will double
3. Unemployment will triple
4. Social Security and Medicare will suffer and perhaps end
5. Taxes will double as the government’s money tree will be gone
6. Real estate values will plummet by 50%
7. Stocks will collapse by 60-80%
The link below gives some background on Davidson himself and also provides a one-hour video that is very informative. At the end, he advertises some of his books that tell you how to protect yourself from the “Day of Reckoning.” The problem, of course, is that he shares the problem and its causes, but wants you to buy his books to learn the solution. This video is essentially an advertisement, but it also contains much useful information.
Of course, there are always unforeseen problems and/or solutions that may surface at the same time. But this is his analysis, based on past experience. He says this collapse will be three times as bad as the 1929 crash, because back in 1929 the US dollar was still gold backed and was not the world reserve currency. Today the structure is far bigger. Trying to contemplate or plan for the un-reserving of the mammoth US dollar supply is difficult, because it is unique in history.
I see these things in biblical terms, rather than in purely economic terms. To me, this is important because it is what is happening just as the seven times is expiring and Babylon is falling. By studying Scripture, we are able to see how the New World Order is falling and is being replaced by the Next World Order. What world leaders fail to see is that even this will only be a transition into the New Kingdom Order. The outpouring of the Holy Spirit will take the world by surprise, but those who are watchful will help to facilitate this great change.
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