Monday, August 8, 2011

Around the World:

Most of the news stories today revolve around the financial situation that the world faces today, resulting from the downgrading of the U.S. rating. First, to some other news:

Iran says U.S. 'will be taught the mother of all lessons'

Iran is planning to retaliate against the United States for the sabotage against its nuclear program, according to an editorial in the Kayhan newspaper, the mouthpiece of Iran's supreme leader, Ayatollah Ali Khamenei.

The U.S. has all of its infrastructure connected to the Internet, the editorial says

Specifically, Iran is looking into launching a cyber attack against U.S. electrical grid systems.


Power companies prepare as solar storms set to hit earth

Three large explosions from the Sun over the past few days have prompted U.S. government scientists to caution users of satellite, telecommunications and electric equipment to prepare for possible disruptions over the next few days.

"The magnetic storm that is soon to develop probably will be in the moderate to strong level," said Joseph Kunches, a space weather scientist at the Space Weather Prediction Center, a division of the U.S. National Oceanic and Atmospheric Administration (NOAA).

He said solar storms this week could affect communications and global positioning system (GPS) satellites and might even produce an aurora visible as far south as Minnesota and Wisconsin.


Fire from Gaza intensifies as three mortars hit southern Israel

Three mortar shells fell Sunday night in Sha'ar HaNegev Regional Council

The incident comes after a spate in rocket attacks launched from the Gaza Strip last week. On Friday, Israel Air Force jets attacked five targets in Gaza in response to the firing of Grad rockets.

Defense Minister Ehud Barak said in a cabinet meeting Sunday that the recent rocket fire from Gaza was carried out by Palestinian breakaway groups and an Islamic Jihad organization, adding that he views the recent escalation with great severity and believes the attacks will continue.


Barak warns Gaza militants may resume terror attacks against Israel

Since the beginning of 2011 more than 340 rockets have been fired at Israel from the Gaza Strip, according to the Israel Defense Forces.

Barak said the Iron Dome was moved to Ashkelon as a result of growing tension, but added that "even so, Israel is not interested in escalation."

Two additional rockets landed on Wednesday last week, one near Ashkelon and the other near Kiryat Gat. A woman was lightly wounded on Monday when a Qassam rocket landed near a kibbutz near Ashkelon.


Palestinians planning new wave of violence, warns Israeli FM

Israeli Foreign Minister Avigdor Lieberman on Sunday warned that the Palestinian Authority is planning to unleash a new wave of violence against Israel in conjunction with its bid for UN recognition of a Palestinian state at the UN in September.


The Persecution of Christians in the Middle East

Today, Christians, regardless of affiliation, are being systematically harassed, persecuted, and murdered throughout the Middle East, the region of the globe from which Christianity first emerged.

Churches have been bombed and those attending Christian services have been killed. Christian homes have been ransacked and cemeteries have been destroyed.

Converts from Islam to Christianity are considered apostates and subject to severe punishment. In Iran, a man named Youcef Nadarkhani has been sentenced to hang for the state crime of converting from Islam to Christianity. His appeals for clemency to Iran's highest courts have been rejected.

The former President of Lebanon, Amin Gemayel has declared, "Massacres are taking place for no reason and without any justification against Christians. It is only because they are Christians." This can only be called religious cleansing on a vast scale.


18 Indonesian volcanoes on alert status

Eighteen Indonesian volcanoes are on “alert” status, two of which are at Alert Level 3, which is called “Siaga”, the Volcanology and Geology Disaster Mitigation Center says.
Center head Surono said Sunday in Jakarta the erupting Mount Lokon in North Sulawesi and Mount Ibu in North Maluku were the two volcanoes at Siaga status.
The center has adopted four levels of alert status: “Normal” (Level 1), “Waspada” (Level 2), “Siaga” (Level 3) and “Awas” (Level 4).
Surono said the conditions at Mt Lokon and Mt Ibu were currently considered most worrisome because they had been consistently erupting searing clouds affecting a radius of 2.5 kilometers.


The world runs out of options

This time we face the risk of double-dip recession without shock absorbers. Interest rates are already at or near zero in much of the OECD club. Fiscal deficits are stretched to the limits of safety.

Standard & Poor's downgrade of the United States to AA+ is a detail in this greater drama, albeit of poignant symbolism.

The Great Reprieve is exhausted. The world has used up the three years' grace gained by extreme stimulus after the debt bubble burst in 2008.


EU speeds up anti-crisis measures after US downgrade

ECB officials and EU leaders held a series of telephone conferences over the past three days in various formats including the G7, the G20, France-Germany and France-Gerany-US in a bid to allay market fears after the Standard & Poor's ratings agency downgraded US debt from AAA to AA+ on Friday (5 August) in a historic move.

Markets remain sceptical despite the new interventions however, with shares continuing to fall in Asian markets on Monday morning. South Korea at one point slumped by more than 7 percent. The US downgrade saw Middle Eastern markets tumble earlier on Sunday - their first day of trading. Israel fell by seven percent, while markets in Dubai and Egypt dropped some four percent.


I Told You So! Forecast: Major 1930s-Style Depression Coming

The recently passed raising of the national debt ceiling along with continued out-of-control spending by Obama and the Democrats triggered the onslaught of a major worldwide depression that will eventually prove to be worse than what we had experienced during The Great Depression of the 1930s.

You can look forward to the following forecast occurring within the next year:

- Moody’s, Fitch, and S&P will downgrade the United States AAA credit rating.

- The stock market is crashing. The Dow dropped over 1,000 points in the past eight days in a row. It will get worse in the ensuing days, weeks, and months.

- The national unemployment will go over 10% soon and will eventually go over 25%.

- The housing crisis will get worse. Thousands of families are losing their homes to repossessions throughout the United States.

- The national debt will continue to rise.

- The United States will go further into debt because the politicians and the Obama administration will continue to spend like drunken sailors.

There you go. Prepare now for the coming Great Depression of 2012.










27 comments:

GG said...

I hope everyone had a nice weekend. Looks like things are just coming at us at such a rapid pace now. :) EQ in Israel... Soon enough we all shall be united with our Heavenly Father.

Just a couple of updates on this end. First, for those monitoring--Dutch's site he has received a warning as of this morning regarding his y-tube account. Seems they have pulled some of his videos. He may not have much access there for much longer or limited postings. Secondly, I don't know if you had seen this but as of 8-3-11 Nasa has put up a NASA Answers Your Questions About Elenin....(to difuse the other findings out there)

http://www.nasa.gov/topics/solarsystem/features/comet_elenin.html

Maybe the time is coming to a head where limited information is to be 'distributed' among the masses.

Lastly, we spent all weekend and unfortunatley $$$ on a computer that crashed due to a virus. The only thing I did different was take some information from here and save it on our hard drive in case this blog went down on Friday morning. Then within hours things started going crazy. At this point we are not sure if it came from Y-tube which the only thing I check is what is from here. Hubby doesn't use it. Lord only knows..so just be careful in these last days to the level of protection you have. We made sure we enhanced our virus protection other than the standard virus protections the ISP's offer as well as purchased a new computer. :(

That won't discourage me from receving the lovely messages I get from everyone daily on this blog. We could have had better protection on this end. Have a blessed day all!!

GG

Paula said...

This is one of the risks of free websites. I use a self-hosted site and wordpress.org for my blog, and write my own software for my Bible and Books sites. Any Blogger site's data can be imported to WP with a few clicks once the new site is installed. I also make daily backups of my databases, and keep archives of them going back one year.

But I wonder if it will even matter when the time comes where places like Blogger would start shutting down all Christian sites.

GG said...

Thanks Paula :) I know..times are just getting harder and harder. The wickedness to hurt others just is growing by leaps and bounds. In talking with the IT person this weekend, Adobe is getting it's hits too. A virus is attached to an update that was to change on 7-11-11. Too nutty at times :)

Anonymous said...

Hi, has anyone watch the Hal Lindsey report dated for 8/5/11? Very interesting.

Enjoyed it very much, as our redemption draws near!


http://www.hallindsey.com/

Jec said...

Hi everyone, was thinking about the talk this morning on all the major talk shows after digesting the weekend woes of S&P's announcement Friday. Is it possible the world could move into a new currency without much fan flare? With the re-valuation of currencies, someone will not be happy, and who will be in charge of putting a value against all the other currencies. Curious also about the Dinar in Iraq, they will have to do something with that too. I guess I was a little dogmatic in my views and really wondering if its going to happen. If some countries got short changed and jipped, it could really cause a lot of havoc and possibly starvations around the globe. Just thinking out loud here, had to get it off my chest.

gearedup2go said...

Jec, there has been speculation that the US would move toward the Amero first before adopting a global currency. If this scenario comes to fruition, it would soften the blow of abandoning the green back and would serve as an exercise in working out the glitches before implementing the global currency.

Or it could go directly to the global currency.

Regardless, it would be prudent to have a game plan for when the banks shut down temporarily to convert the new currency. Seek the direction of the Lord in such matters as to how your preparations would best meet the needs of your family. And remember: we are not to fear, for these things must transpire. Instead, we are to comfort one another. We are beginning to see wars and rumors of wars, the earthquakes in various places, the signs from the heavens, the disease and pestilence-- and with all this we know that our redemption draweth nigh.

Paula and GG, it seems as if treacherous days are fully upon us.

WVBORN56 said...

Even in the great depression 75% of the people still had jobs. How much worse will it be this time? Much worse according to Revelation 6 and 13. But don't forget we are long gone before as we depart sometime just after Revelation chapter 3. If we can almost see the rider on the white horse mounted and reading to depart, then how close are we to the rapture? I would think very very close...

The Dow is already down 348 as I type today...

I am hoping to be a lot smarter with my glorified body and mind :)

How about you?

But really coming down the home stretch here I am hoping to full of the HS to be a witness like never before. What good is it to an informed watchman if I am not more holy in my walk and more productive in my witness? I am asking myself mostly...

GG said...

Hi WV~

I am having the same promptings and strongly lately. I was sleeping like a baby weeks ago. Since mid-late last week I have been awakened between 3-4 am daily. Some mornings it's with a gnawing feeling like I should be doing something to help the un-saved. I keep asking but I don't know what it is. This morning I was awakened with a prompting to get on-line to many of these groups where many are gathering seeking answers and witness there. It seems like an odd request but I must do this. I must step out in faith I guess. This is something I have never done before. Romans 10:9 keeps coming to mind.

God Bless!!

GG

Anonymous said...

A WORD OF WARNING >>>>

PLEASE DO NOT EVEN THINK THAT
BY BUYING GOLD AND SILVER YOU
CAN ESCAPE THE STOCK CRASH...

THAT IS A DECEPTION AND A LIE.

MY INDICATORS TELL ME TO STAY
IN CASH, ONLY CASH.

GOLD AND SILVER WILL BE CRASHING
VERY SOON, AND THERE WILL
BE LITTLE WARNING....

IT WILL JUST HAPPEN

PLEASE STAY IN CASH.

STEPHEN IN HAWAII !!!!

Paula said...

GG et al, I've had similar promptings. I'm already in a lot of boards and blogs, but it seems almost impossible to get people to "look up". The continue debating ridiculous things like exactly what order of events happens when someone is saved, whether men and women are playing the proper "roles", whether salvation can be lost, etc. But the closer we get to the Rapture, the simpler our message must be: "believe on the Lord Jesus Christ and you will be saved". Acknowledge him as God and Savior. So much of the Christian world is "fiddling while Rome burns".

gearedup2go said...

Please pray for this blog so that it will reach 100's, if not 1000's, for Christ.

GG said...

Paula, I agree :) I think God is searching our hearts right now to see if we are being the faithful servant. Not to see if they accept the message.

I think we must prepare ourselves in a loving manner and proceed on vs doing nothing. I feel we will be held accountable on this call. I may be wrong but that is the feeling I am getting. We don't need to argue with anyone but deliver the message in love and help those who need us to as they seek wisdom.

Good luck to you too! :)

GG

Paula said...

I should add, though, that we often get embroiled in these secondary debates because we see people being hurt, and we need scripture to argue against the perps. It's a tightrope to walk.

Expected Imminently said...

Hello Scott
I expect you have heard about our riots? They are at it as I write in various parts of London. The Police have asked for the parents to get in touch with their children to get them back home. The little hooligans are like a scene from ‘Lord of the Flies’.

It’s August, Parliament is in recess and so … typical. What interests me is the way the Police were reporting ‘LAWLESSNESS’ – interesting turn of phrase. One young girl interviewed expressed her horror by saying this is ‘WICKEDNESS’, yet another Biblical remark!

Well, the trouble is; they are on the long summer holidays from school, and they are bored, the poor loves…Give em to me; I would soon get in ‘touch’ with them.

MARANATHA!

Sue

Caver said...

Geepers.....read everything here and just shaking my head in shock and wonderment.

Don't mean to fixate on the financial "stuff" but as today's post reflect, its turning out to be the precursor to so much more.

Market fall international in scope
Domestic market down over 600
Gold "appears" to finally be decoupling from the stock market as demand out strips "big money's" attempts to keep it down.

Silver is not so fortunate and is far from decoupling yet. Every time it starts running, there's enough of the "big bucks" to drive it down. Its more susceptible anyway since its not just an investment vehicle but has heavy demand in manufacturing.

Believers and non believers alike are talking...wondering. Some eyes are actually opening but again, like many here have said, the unbelievers seem more aware that "something" is different this time and we're right on the cusp of something life changing.

Hold tight Brothers and Sisters. No fear.....

Paula said...

"Give em to me; I would soon get in ‘touch’ with them."

I hear ya! Reminds me of the old "reach out and touch someone" phone ads.

But really, I wonder if they'll finally connect this rioting to the capitulation to Islam? Or to socialism? And we're next in the US, it's only a matter of time.

Dylan said...

For the last week I've had a strong sense of foreboding. I have no idea what it's about, I'm assuming its something of prophetic significance, but I don't know

Expected Imminently said...

Paula
They are pure a simple anarchists smashing into many shops, looting and wanton destruction for the pleasrure of it.. The only link with Islam is they have been watching how they are fighting on t.v. and decide they will have some of that.

Setting fire to cars, homes and businesses laying waste what they cannot steal. It is oranised by phone and the police are too thin on the ground to deal with it as they have been trimmed back in cuts. Basically they are 'copycats' out to get hold of a new TV or phobile phone. Not enough Bobbies now able to stop them. They are brats!

Expected Imminently said...

Ps thats 'mobile phone', its late and I am starting to slur..
God bless
Sszzzue

Scott said...

Sue - I've been watching these riots on TV and I agree with your assessment...

Dylan, I have been feeling that way for about a month now. Not sure what it means.

Caver - (and this ties onto Dylan's comment) - It does indeed seem that we're rapidly approaching a breaking point in the world's financial situation - and that presumably would trigger other things in a cascade.

And we're not even to Sept yet.

Interesting times for a prophecy watcher

Jec said...

People are starting to talk, and people are worried sick. Just a little mention in a round-a-bout way that Christ is our hope of glory, and although the world seems to be falling apart in so many ways, its Christ we look to, and not what any customer or job can provIde. When we do these little things of a mention here and a mention there through these storms we all are facing can open up a huge door. What we say and do, may only be seen as a sliver of truth, but could open up a flood of sharing. Someone today even said they really think that China and the US government will merge and these are the kind of questioNs that can open up to other things about our savior. Just an observation I had.

Anonymous said...

Ok Caver and others....

the reason SILVER is not performing well has NOTHING TO DO
with manipulation. According to
my reports from elliottwave.com,
SILVER is in trouble since risk is
coming OFF, instead of ON....

DEFLATION is starting to FORCE
people to become liquid, no matter
what it takes. That is HOW debts
get liquidated in the end...by
deflation NOT inflation.....!!!!

that is why the GOLD and SILVER
mining companies are crashing despite the huge rally in
GOLD.

I am DEAD SERIOUS when I say i expect a crash in Gold. Bulls think
they can hide there from the stock
crash. Aint gonna happen Sir.

The jig is just about up on the Gold. When the dollar starts to rally BIG you will see what I mean.

Stephen in Hawaii !!

Anonymous said...

so far, nate Krupp is on schedule,
but i will have to see the rest
of AUG 2011 in the DJII.....

IF we do CRASH the rest of AUG, then comes phase two: War in ME
in SEP, Chicago destroyed in OCT.

I know this all sounds BAD, but that
was the vision he had back in 1980.

As I said before, I am thinking
that the SEP war will be 38 EZEK.

we will see.

Stephen !!!!

Jec said...

Stephen,

What's gonna happen to gold and silver when the dollar is replaced? When the dollar is de-valued so much that the IMF comes in with a new currency or a new basket of currencies? It's hard to see the dollar rallying when we know in the end, as in the book of Revelation, America is not mentioned there. I see America as a whole, being de-valued some way, shape or form and not being any kind of significance. I could be wrong, and we could merge with Canada & Mexico, or perhaps become part of Europe. In the end people's significance will be found in the lasting treasures in Heaven, where no amount of gold or silver could ever rent out a space there for even a minute.

Caver said...

Stephen, thank you for your advice and insight Brother.

There are many types of tangible earthly investments. One is short term "for profit". Another is extremely long term and for "survival".

You could well be right but through all of history, since well before Christ, gold and silver have been the most stable forms of hard currency. No matter what happened, they emerged as the base of a barter system.

Perhaps I'm wrong and this is or will be the one exception but we consider a physical supply just essential as emergency food, medical supplies, and water.

Personally, I believe the values of each are going to explode upward but we will see and time will tell. I doubt it will affect us in any way in terms of investments. Our take on it is as "worse case" insurance. Just like having car collision insurance even you having got a wreck with an uninsured drive is not hard scheduled on your weekly calendar.

We felt inclined to do it....and not everyone will be. I sincerely don't feel the answer is in a forecasting tool but rather in the convictions of the Holy Spirit.

Peace Brother. :hug

Paula said...

Can't remember the link, but one expert says silver will severely dip (perhaps to $5), and then skyrocket.

Caver said...

Paula, if it goes anywhere near half that far down it will cease to be survival here and turn into an investment.