The Watchman On The Wall

The Watchman On The Wall
Eph 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Verse 13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

Sunday, April 2, 2017

Is 2018 Looming Large?

Image result for 1998 asian financial crisis

Image result for 2008 asian financial crisis


consider these time frames:
1998 Wall Street bailed out the hedge funds
     a. meltdown spread from Asia's young tigers to Russia
     b. Long Term Capital Management failed 
     c. Lehman Bros. almost failed
     d. people cashed out (redeemed) of money market funds
     e. banks had to sell commercial paper to redeem money market funds 
     f. European banks guaranteed U.S. money market funds
Image result for 2008 asian financial crisis

2008 World central banks bailed out Wall Street

     a. March 08 Bear Stearns failed
     b. Summer of 08 Freddie and Fannie failed
     c. Sept. 08 Lehman Bros. failed
     d. Morgan Stanley days away from failure
     e. Fed's balance sheet blew up from $800 billion to $4 trillion
     f. world central bank balance sheets blew
     g. all central banks worldwide became stressed and they have never normalized
Image result for 2018 financial crisis

Each financial crisis is getting worse

Next year it will ten 2018 could the financial System collapse again?

In the next crash will the world issue SDRs after financial system shuts down?

The central banks no longer have a "rabbit to pull out of the hat"!
This is all being planned to bring in 
     a. global government
     b. global money, SDRs
     c. global taxation, to get taxes from the huge, int'l corporations. 

Below Jim Ricards gives an excellent interview on the current state of the financial system.

Image result for 2018 financial crisis

No comments: