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Economic matters have been discounted by some, but highlighted by others:

Central Banks, Recession landing risks, …

February 20, 2023

The market is talking about a no-landing scenario – but should be watching what Central Banks are saying, and China’s position re Ukraine. The market remains vulnerable to recession and rising geopolitical tensions. They are very closely linked.

Last week the market was weighing up a soft-landing vs hard landing – to what degree a global recession might be skirted. Last Monday I was writing about Fairy Tales, specifically The Three Bears, and how the market is hoping we’ll be getting Baby Bear’s porridge: not too hot, not too cold – but just right. Bloomberg might have been reading me – my good chum Anthony Peters heard a TV anchor say: “They just murdered Goldilocks” when Fed Hawk Loretta Mester firmly laid down the line: “the fight against inflation is not done, and Fed Funds are heading higher.”

Pretty clear signal the Fed is not about to “pivot”… to use the most misused word of the decade! But, as usual, if all we are worried about are the trees of inflation, rates, yield curves and bond yields, then we are missing the real issues: the forest that is the global economy! …

In recent days the market’s narrative has shifted. The commentariat is now talking about the “No Landing” scenario. This apparently means the global economy bounces around with high employment, annoyingly persistent (but not deadly) inflation, and no recessionary outcomes… Such a rosy outcome will occur on the back of China’s reopening, the resilience of western economies, easier energy costs, plus rising post-Covid consumption patterns all combining to power the global economy through this uncertain patch.

Really? … Inflation is not licked. https://morningporridge.com/blog/blains-morning-porridge/central-banks-recession-landing-risks-and-why-china-is-the-issue-to-watch/

The Economic Nightmare That You Have Been Waiting For Is Here

February 19, 2023

A lot of people out there have been waiting for the next major economic crisis to arrive.  If you are one of them, you don’t have to wait any longer, because it is already here.  All of the numbers are telling us that we haven’t faced a downturn of this magnitude since 2008.  For example, the Conference Board’s index of leading economic indicators has now fallen for 10 months in a row.  According to Zero Hedge, this is the first time that has happened since the collapse of Lehman Brothers.  And just like we witnessed in 2008, the housing market is crashing.  In fact, the median price of a home in the San Francisco Bay Area has already fallen by a whopping 35 percent…

The median price in the nine-county Bay Area plunged by another 8% in January from December, by 17% year-over-year, and by 35%, or by $540,000, in 10 months from the crazy peak in March 2022, from $1.54 million to $1.00 million, according to the California Association of Realtors.

Home prices in the Bay Area are plummeting even faster than they did during the first housing crash.

But don’t worry.

Joe Biden says that everything is just fine.

Of course the reality of the matter is that everything is not fine. …

Meanwhile, the tsunami of layoffs that we have been witnessing just continues to intensify. …

In 2022, we witnessed a wave of layoffs in the tech industry that was unlike anything we have seen since the Great Recession.

And so far this year, we are way, way ahead of last year’s pace…

The news comes after 1,045 tech companies last year fired 161,000 employees in 2022. So far this year, 380 companies have fired 108,000 workers, according to the jobs tracking website Layoffs.fyi.

Does anyone out there still want to try to argue that the economy is in “good shape”?

Look, if the economy really is in “good shape”, then why is Walmart closing down more stores?…

I have been warning that a nightmarish economic meltdown was coming for a long time.

Now it is here.

And it is going to get a lot worse. http://theeconomiccollapseblog.com/the-economic-nightmare-that-you-have-been-waiting-for-is-here/

While the true “economic nightmare” is NOT here, more and more the stage is being set for it.

But, yes, there are signs of a recession in different parts of the world.

And yes, ultimately, it will get a lot worse for the USA.

Many people tend to lose income and/or jobs during a recession and there are less goods and services produced–in essence, a global recession would mean that the world gets poorer.

Last Summer, related to recession, Michael Snyder posted the following:

5 Things That You Should Start Doing Immediately To Prepare For The Severe Recession That Is Ahead

Do you remember what economic conditions were like in 2008 and 2009? Well, what is ahead of us is likely to be significantly worse. …

Well, the following are 5 things that you can do right now to get prepared for the severe recession that is ahead…

#1 Make Sure That You Have A Source Of Income

Last year, if you didn’t have a source of income it wasn’t that big of a deal.  … But now things are changing very quickly.  The number of job openings is plunging, and layoff announcements have started to spike. …

#2 Build Up Your Emergency Fund

When a recession hits, it is extremely important that you are able to continue to pay the bills no matter what happens. …

Now is the time to build up a very large emergency fund. Cutting your spending will help you to do that. …

#3 Get Out Of Debt

After you have built up your emergency fund, getting out of debt should be a high priority. …

#4 Stock Up On Essentials Now

Prices are going to keep going higher.

So that means that the things that you are going to need during the months ahead will not be any cheaper than they are right now.

Don’t spend money on unnecessary items, but for the essentials that you use on a regular basis it is a good idea to stock up right now while you still can.

#5 Maintain A Positive Attitude

This is so important.

Have you ever known anyone that was truly successful in life that had a negative attitude about everything? 07/13/22 http://endoftheamericandream.com/5-things-that-you-should-start-doing-immediately-to-prepare-for-the-severe-recession-that-is-ahead/

Yes, we should take physical steps and have the right attitude. Despite how the world views debt, it is good not to be in debt.

Nationally, more goods could be produced.

If there is more supply this would help reduce the inflation rate as well as generally improve the economies of those that produce more.

However, the Bible points to food shortages and food price inflation:

5 When He opened the third seal, I heard the third living creature say, “Come and see.” So I looked, and behold, a black horse, and he who sat on it had a pair of scales in his hand. 6 And I heard a voice in the midst of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not harm the oil and the wine.” (Revelation 6:5-6)

The prophecy of the third horseman of the Apocalypse is starting to come to pass.

If government leaders believed the Bible, they would be willing to take a lot of steps that they seemed to have overlooked.

That said, related to inflation, the Continuing Church of God (CCOG) put together the following video:

In the world, we see a lot of economic uncertainty.

There are recessions, sometimes stagflation, disasters, weather issues, wars, and even severe depressions that affect income and physical needs.

One can lose a job at almost anytime. There could also be health problems or even the death of the main income provider.

But there are things you can and should do.

Notice the following:

1 A certain woman of the wives of the sons of the prophets cried out to Elisha, saying, “Your servant my husband is dead, and you know that your servant feared the Lord. And the creditor is coming to take my two sons to be his slaves.”

2 So Elisha said to her, “What shall I do for you? Tell me, what do you have in the house?” And she said, “Your maidservant has nothing in the house but a jar of oil.”

3 Then he said, “Go, borrow vessels from everywhere, from all your neighbors — empty vessels; do not gather just a few. 4 And when you have come in, you shall shut the door behind you and your sons; then pour it into all those vessels, and set aside the full ones.”

5 So she went from him and shut the door behind her and her sons, who brought the vessels to her; and she poured it out. 6 Now it came to pass, when the vessels were full, that she said to her son, “Bring me another vessel.”

And he said to her, “There is not another vessel.” So the oil ceased. 7 Then she came and told the man of God. And he said, “Go, sell the oil and pay your debt; and you and your sons live on the rest.” (2 Kings 4:1-7)

Now, while the above involved a miracle, the concept of paying off debt and having savings is something God’s people should strive to do.

Notice also:

7 The rich rules over the poor, And the borrower is servant to the lender. (Proverbs 22:7)

Instead of being in debt, God’s people should strive to save:

But they should also be givers and rely on God’s blessings:

8 “Will a man rob God? Yet you have robbed Me! But you say, ‘In what way have we robbed You?’ In tithes and offerings. 9 You are cursed with a curse, For you have robbed Me, Even this whole nation. 10 Bring all the tithes into the storehouse, That there may be food in My house, And try Me now in this,” Says the Lord of hosts, “If I will not open for you the windows of heaven And pour out for you such blessing That there will not be room enough to receive it. 11 “And I will rebuke the devourer for your sakes, … (Malachi 3:8-11)

4 Let each of you look out not only for his own interests, but also for the interests of others. (Philippians 2:4)

6 But this I say: He who sows sparingly will also reap sparingly, and he who sows bountifully will also reap bountifully. 7 So let each one give as he purposes in his heart, not grudgingly or of necessity; for God loves a cheerful giver. 8 And God is able to make all grace abound toward you, that you, always having all sufficiency in all things, may have an abundance for every good work. 9 As it is written:

“He has dispersed abroad,
He has given to the poor;
His righteousness endures forever. (2 Corinthians 9:6-9)

Yes, we need to also consider helping others.

And all should heed the words of Jesus:

25 “Therefore I say to you, do not worry about your life, what you will eat or what you will drink; nor about your body, what you will put on. Is not life more than food and the body more than clothing? 26 Look at the birds of the air, for they neither sow nor reap nor gather into barns; yet your heavenly Father feeds them. Are you not of more value than they? 27 Which of you by worrying can add one cubit to his stature?

28 “So why do you worry about clothing? Consider the lilies of the field, how they grow: they neither toil nor spin; 29 and yet I say to you that even Solomon in all his glory was not arrayed like one of these. 30 Now if God so clothes the grass of the field, which today is, and tomorrow is thrown into the oven, will He not much more clothe you, O you of little faith?

31 “Therefore do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ 32 For after all these things the Gentiles seek. For your heavenly Father knows that you need all these things. 33 But seek first the kingdom of God and His righteousness, and all these things shall be added to you. (Matthew 6:25-33)

4 “It is written, ‘Man shall not live by bread alone, but by every word that proceeds from the mouth of God.’” (Matthew 4:4)

Yes, we need to seek first the Kingdom of God. And the word of God says we should try not to be in debt, we should try to have savings, and we are to be givers.

All of these should be part of our preparations.

As far as other physical steps, you can see our article: Physical Preparation Scriptures for Christians.

Some items of possibly related interest may include:

Physical Preparation Scriptures for Christians. We all know the Bible prophecies famines. Should we do something? Here is a version in the Spanish language Escrituras sobre Preparación física para los Cristianos. Here is a link to a related sermon: Physical preparedness for Christians.
Is God Calling You? This booklet discusses topics including calling, election, and selection. If God is calling you, how will you respond? Here is are links to related sermons: Christian Election: Is God Calling YOU? and Predestination and Your Selection. A short animation is also available: Is God Calling You?
Christian Repentance Do you know what repentance is? Is it really necessary for salvation? Two related sermons about this are also available: Real Repentance and Real Christian Repentance.
Tithing Questions and Some Answers Answers questions about tithing and also addresses some non-biblical arguments against tithing. Should people tithe?Here is a link to a related sermon: Tithes and Tithing. Here is a link to an older sermon: Tithing Answers from the BibleMight the U.S.A. Be Gone by 2028? Could the USA be gone by the end of 2028 or earlier? There is a tradition attributed to the Hebrew prophet Elijah that humanity had 6,000 years to live before being replaced by God’s Kingdom. There are scriptures, writings in the Talmud, early Christian teachings that support this. Also, even certain Hindu writings support it. Here is a link to a related video: Is the USA prophesied to be destroyed by 2028? In Spanish: Seran los Estados Unidos Destruidos en el 2028?
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be: Are Chinese threats against Australia for real?
When Will the Great Tribulation Begin? 2023, 2024, or 2025? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede la Gran Tribulación comenzar en el 2020 o 2021? ¿Es el Tiempo de los Gentiles? A related video is: Great Tribulation: 2026 or 2027? A shorter video is: Can the Great Tribulation start in 2022 or 2023? Notice also: Can Jesus return in 2023 or 2024? Here is a video in the Spanish language: Es El 2021 el año  de La Gran Tribulación o el Grande Reseteo Financiero.
Lost Tribes and Prophecies: What will happen to Australia, the British Isles, Canada, Europe, New Zealand and the United States of America? Where did those people come from? Can you totally rely on DNA? What about other peoples? Do you really know what will happen to Europe and the English-speaking peoples? What about Africa, Asia, South America, and the Islands? This free online book provides scriptural, scientific, historical references, and commentary to address those matters. Here are links to related sermons: Lost tribes, the Bible, and DNA; Lost tribes, prophecies, and identifications; 11 Tribes, 144,000, and Multitudes; Israel, Jeremiah, Tea Tephi, and British Royalty; Gentile European Beast; Royal Succession, Samaria, and Prophecies; Asia, Islands, Latin America, Africa, and Armageddon;  When Will the End of the Age Come?;  Rise of the Prophesied King of the North; Christian Persecution from the Beast; WWIII and the Coming New World Order; and Woes, WWIV, and the Good News of the Kingdom of God.

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This entry was posted on Monday, February 20th, 2023 at 4:00 pm and is filed under Prophecy.

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