Latest Signs of Financial Turmoil

The powers that control planet earth want us to believe that everything is looking great for the world's financial markets.  Job growth is up!!  Budget surplus in MN!  Unemployment applications down! Gas prices down!  Inflation totally within acceptable limits!!  Corporate balance sheets are great!!

But are things really that great?

We found this article a few days ago in the New York Times and now it would seem that even the liberals might be asking questions about why global financial markets are so volatile.

European stock indexes have closed lower, adding to recent losses amid heightened market volatility around the globe.

The governor of the Bank of France, Francois Villeroy de Galhau, claims the volatility in financial markets is "excessive."

Greece's stock market has fallen to its lowest level since 1989 while the country's borrowing rates in the bond markets have spiked up to levels last seen during the more acute phases of its crisis.

Confidence in the global economy remains "strikingly low," according to FXTM research analyst Lukman Otunuga.

The selling pressure across Europe's stock markets has intensified, with worries over the health of the region's banks at the forefront of investor concerns.

One sign the global economy is not as healthy as many had hoped has been the collapse in the price of oil.

The recovery in Europe's stock markets is fading as futures markets predicted a lower opening on Wall Street.

Perhaps more remarkable than the 5.4 percent reverse posted by Japan's main stock market was the news that the interest rate on the country's benchmark 10-year bond became negative for the first time ever.

Gold has been on the rise as the precious metal benefited from its perception among investors as a safe haven. On Monday, it rose to just shy of $1,200 an ounce, its highest level since last June.

Banks have been at the forefront of the selling pressure in Europe in recent days as investors worry about their ability to deal with a worse-than-anticipated global economic outlook.

Here;  http://www.nytimes.com/aponline/2016/02/09/world/europe/ap-financial-markets-the-latest.html

As we have said numerous times, the Bible tells us that one day the world's financial system will collapse....and when it happens it will happen in a flash!!  In one hour!!!

Revelation 18
11 “The merchants of the earth will weep and mourn over her because no one buys their cargoes anymore— 12 cargoes of gold, silver, precious stones and pearls; fine linen, purple, silk and scarlet cloth; every sort of citron wood, and articles of every kind made of ivory, costly wood, bronze, iron and marble; 13 cargoes of cinnamon and spice, of incense, myrrh and frankincense, of wine and olive oil, of fine flour and wheat; cattle and sheep; horses and carriages; and human beings sold as slaves.
14 “They will say, ‘The fruit you longed for is gone from you. All your luxury and splendor have vanished, never to be recovered.’ 15 The merchants who sold these things and gained their wealth from her will stand far off, terrified at her torment. They will weep and mourn 16 and cry out:

“‘Woe! Woe to you, great city,
    dressed in fine linen, purple and scarlet,
    and glittering with gold, precious stones and pearls!
17 In one hour such great wealth has been brought to ruin!’

We tend to believe that the world will continue to have a functioning financial system until after the rapture.

Why?

Because Jesus told us conditions will be pretty much "normal" on planet earth up until the time He comes for us in the rapture.  "As it was in the days of Noah, so shall it be...."

People will be eating, drinking, shopping, marrying, planting, reaping, etc...

After the rapture we believe the world will be in chaos but not total anarchy.

Why?

Because the Antichrist will need to come in and offer up a GLOBAL SOLUTION to the sudden problem of so many millions of Americans vanishing.  Think about it...America is the current anchor-foundation to the entire global financial system....and the rapture will have serious implications to the U.S. dollar continuing to be the RESERVE CURRENCY of the system.

Into this vacuum will step a charismatic world leader.  He will offer up some type of new world order which will include a cashless, electronic financial system that all parties will need to register with in order to use it.

We believe that what we are seeing today, as we read the above article, is the foreshadowing of the events that will crash the current system in order to make way for the new one.

"So Dennis!  What the heck are we supposed to do?  I'm scared!!  What's going to happen to all my money I've worked so hard for?  What happens if I lose my precious house, my precious retirement plan, my social security, my savings at the bank, my cash in my gun vault??"

Jesus tells us all to hold the things of this world VERY loosely.  When we grip our hands around anything and close them up tight...Jesus can't remove things that are a hindrance to us and also he can't put anything in your hands that he wants you to have.

Let's all be asking the Holy Spirit what He wants each of us to be doing in these Last Days.  I guarantee you that He will not give us all the same answer.  For some of us it might be best if He takes it all...because He knows our stuff has become a false idol.

For others He might put the cattle from a thousand hills into their hands...because He knows they can handle it and will use their new found abundance for Kingdom work.

Think about it.....

Are we scared....or are we obedient?