Archive for the ‘Biblical Economics & Money’ Category
Sunday, April 13th, 2008
Too much debt, higher energy prices, and higher food prices will bring forth downsizing in all areas. Bigger houses and bigger cars will be a preference of the past. You only have to go to Europe to see the result of higher energy prices. The percentage of SUV'S in Switzerland ...
Posted in Biblical Economics & Money | Comments Off on Downsizing Ahead
Sunday, April 13th, 2008
Oil Demand to Hit 94.3 Million Barrels a Day by 2012, IEA Says By Mike Cohen March 17 (Bloomberg) -- The International Energy Agency, an adviser to 27 industrialized nations, expects worldwide demand for oil products to increase an average 1.9 percent annually ...
Posted in Biblical Economics & Money | Comments Off on Oil Crisis is moving to the Mainstream Media
Saturday, April 12th, 2008
The term black swan comes from the ancient Western conception that 'All swans are white'. In that context, a black swan was a metaphor for something that could not exist. The 17th Century discovery of black swans in Australia metamorphosed the term to connote that the ...
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Friday, April 4th, 2008
On January 21st of this year I wrote about the expected downgrading of insurers. See Brace Yourself: http://www.servias.org/?p=48 . This is now occurring. MBIA Loses AAA Insurer Rating From Fitch Rating Agency Over Capital. See : http://www.bloomberg.com/apps/news?pid=20601087&sid=aUKrtfm0u4yI&refer=home This only reinforces the need to be vigilant ...
Posted in Biblical Economics & Money | Comments Off on Ratings Agencies have begun…
Friday, April 4th, 2008
In the Holy Scripture, there are examples of the destruction of a currency (or medium of exchange). Often, currency destruction is associated with a famine. In Genesis, Joseph was groomed by The Father for a ministry in the upcoming famine. Man did not know of this impending event, only Our ...
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Wednesday, April 2nd, 2008
In previous writings I have alerted you to the sequence of events that follows the bubble of greed. Let's review the cycle. It all started in the 1980's. First, the economic system is growing at a slow and reasonable rate. The Federal Reserve Bank (Fed) is expanding money supply at ...
Posted in Biblical Economics & Money | Comments Off on Economic Priorities- Stayin’ Alive
Monday, March 17th, 2008
In our previously posted "Brace Yourself" http://www.servias.org/?p=48 posted on January 21, 2008, we specifically warned of the Domino Theory scenario. Now the theory is now circulating among the mainstream media: March 15, 2008 News Analysis A Wall Street ...
Posted in Biblical Economics & Money | Comments Off on Domino Theory goes mainstream…. Code Red (or) The Secret is out
Sunday, March 16th, 2008
In a conference call on Friday Alan Schwartz, CEO of Bear Stearns, spoke about the substantial withdrawal requests by investors. Customers wanted their cash. Banks typically do not keep much cash on hand. When they speak of cash on hand, they use the term liquidity. If you are extremely liquid, ...
Posted in Biblical Economics & Money | Comments Off on The first "run" on a major bank… quietly (March 14th, 2008)
Friday, March 14th, 2008
Within the last 48 hours, the International Monetary Fund (IMF) has issued a second warning to not only the United States but other countries as well. IMF tells states to plan for the worst By Krishna Guha in Washington Published: March 12 2008 23:55 | Last updated: ...
Posted in Biblical Economics & Money | Comments Off on "The risks of further escalation of this crisis are rising"
Sunday, March 9th, 2008
How would you like to be one of those who purchased the following stock in January of 2007 at $25.00 only to see it now worth $1.79? Thornburg Mortgage is unable to meet margin call requirements by its lenders on $610 million. ...
Posted in Biblical Economics & Money | Comments Off on Volatile Times are ahead in the Market