Archive for the ‘Biblical Economics & Money’ Category
Saturday, November 16th, 2013
The answer to global poverty is not immigrating the poor to more affluent countries such as the United States. The answer is found in the revelation of Love. Love sacrifices self for the benefit of others. Currently, those born in an impoverished country and can implement change do not see ...
Posted in Biblical Economics & Money | Comments Off on Practical Ministry
Friday, November 15th, 2013
There are many factors pointing to a global currency reset. We have been in a currency crisis since September, 2008. For the last five years, the Fed has attempted to resuscitate the world’s reserve currency. The Saudis are now working to buy nukes to protect themselves. In the past, the ...
Posted in Biblical Economics & Money | Comments Off on Global Currency Reset (GCR)
Thursday, November 14th, 2013
Compression precedes expansion, and that is a good thing. When you save money, that is a form of compression. When you finally invest it in something worthwhile, that expands your impact to the world. On the other hand, contraction is preceded by fear, uncertainty, and doubt. There is no faith ...
Posted in Biblical Economics & Money | Comments Off on Compression versus Contraction
Thursday, November 14th, 2013
WASHINGTON — Sen. Elizabeth Warren (D-Mass.) warned in a speech Tuesday that the problem of banks considered "too big to fail" has only gotten worse since the 2008 financial crisis, potentially sowing the seeds of a future crisis. "Today, the four biggest banks are 30 percent larger than they ...
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Wednesday, November 13th, 2013
Besides the Federal Unfunded Liabilities, the individual states have their own challenges. Let’s not forget the city unfunded liabilities as well. How much more debt can the future generation absorb? Who is going to be responsible for all the mounting debt in an economy that is not responding to the ...
Posted in Biblical Economics & Money | Comments Off on State Pension Liability Picture
Tuesday, November 12th, 2013
The staggering debt levels in the U.S. economy can only be resolved by two options: Default or Hyperinflation. Either way, I believe those who have positioned themselves with physical assets will weather the coming economic storm. Both options will create economic pain. I tend toward the hyperinflation option, based on ...
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Sunday, November 10th, 2013
Why does China need U.S. Dollars to buy oil from these trading partners? Because the current system overseers say so. I wonder if the Chinese would like to see a different economic system? How about those listed trading partners? It looks like there may be ...
Posted in Biblical Economics & Money | Comments Off on Chinese Oil Consumption Impact
Sunday, November 10th, 2013
This week continues to confirm my past comments about the state of the economy. The rosy U.S. unemployment numbers came out this week: “204,000 jobs were added”. However, John Williams of www.shadowstats.com comments: “With Washington awash in scandals, political turmoil and sinking approval ratings, the political timing could not ...
Posted in Biblical Economics & Money | Comments Off on Cookin’ the Books
Wednesday, November 6th, 2013
The following article provides some ugly detail of how arrogant and entitled the banks have believed themselves to be: http://m.rollingstone.com/politics/blogs/taibblog/chase-isnt-the-only-bank-in-trouble-20131105 The lawlessness is so widespread, the only real fix is to reset the entire economic system. Let me see, who do you know that is big enough to ...
Posted in Biblical Economics & Money | Comments Off on Financial Scandal Update
Saturday, November 2nd, 2013
In the economics analysis arena, there is a quote that sums up the challenge of these times: “Things can stay irrational longer than the rational can remain solvent.” The Federal Reserve is planning to test the largest banks against a severe economic event. The following is their stated criteria ...
Posted in Biblical Economics & Money | Comments Off on The Fed’s Severe Adverse Scenario