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The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent

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chinese-money-public-domainThe pinnacle of the global financial system is warning that conditions are right for a “full-blown banking crisis” in China.  Since the last financial crisis, there has been a credit boom in China that is really unprecedented in world history.  At this point the total value of all outstanding loans in China has hit a grand total of more than 28 trillion dollars.  That is essentially equivalent to the commercial banking systems of the United States and Japan combined.  While it is true that government debt is under control in China, corporate debt is now 171 percent of GDP, and it is only a matter of time before that debt bubble horribly bursts.  The situation in China has already grown so dire that the Bank for International Settlements is sounding the alarm

A key gauge of credit vulnerability is now three times over the danger threshold and has continued to deteriorate, despite pledges by Chinese premier Li Keqiang to wean the economy off debt-driven growth before it is too late.

The Bank for International Settlements warned in its quarterly report that China’s “credit to GDP gap” has reached 30.1, the highest to date and in a different league altogether from any other major country tracked by the institution. It is also significantly higher than the scores in East Asia’s speculative boom on 1997 or in the US subprime bubble before the Lehman crisis.

Studies of earlier banking crises around the world over the last sixty years suggest that any score above ten requires careful monitoring.

If you are not familiar with the Bank for International Settlements, just think of it as the capstone of the worldwide financial pyramid.  It wields enormous global power, and yet it is accountable to nobody.  The following is a summary of how the Bank for International Settlements works that comes from one of my previous articles entitled “Who Controls The Money? An Unelected, Unaccountable Central Bank Of The World Secretly Does“…

An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe.  It is called the Bank for International Settlements, and it is the central bank of central banks.  It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City.  It is essentially an unelected, unaccountable central bank of the world that has complete immunity from taxation and from national laws.  Even Wikipedia admits that “it is not accountable to any single national government.”  The Bank for International Settlements was used to launder money for the Nazis during World War II, but these days the main purpose of the BIS is to guide and direct the centrally-planned global financial system.  Today, 58 global central banks belong to the BIS, and it has far more power over how the U.S. economy (or any other economy for that matter) will perform over the course of the next year than any politician does.  Every two months, the central bankers of the world gather in Basel for another “Global Economy Meeting”.  During those meetings, decisions are made which affect every man, woman and child on the planet, and yet none of us have any say in what goes on.  The Bank for International Settlements is an organization that was founded by the global elite and it operates for the benefit of the global elite, and it is intended to be one of the key cornerstones of the emerging one world economic system.

Normally the Bank for International Settlements is not prone to making extremely bold pronouncements, and so this warning about China seems a bit out of character.

Is something going on behind the scenes that we don’t know about?

Without a doubt, the global financial system is shakier and more vulnerable than most people would dare to imagine.  Global central banks have been on the greatest money creation spree in recorded history, and interest rates have been pushed to ridiculously low levels.

If you can believe it, approximately 10 trillion dollars worth of bonds are trading at negative interest rates right now.  This is completely and utterly irrational, and when this giant bond bubble finally explodes it is going to create a crisis unlike anything the world has ever seen before.

Just recently, Michael Pento of Pento Portfolio Strategies commented on this bubble

He said the current financial conditions are “the most dangerous markets i have ever witnessed in my entire life – and i’ve been investing for over 25 years… The membrane has been stretched so wide and so tight that its about to burst.”

Pento believes that once the bond crash happens, it will trigger a cataclysmic wave of crashes throughout the entire global financial system

Mr Pento has now warned that when policymakers signal they are set to stop buying, which will stop bond prices rising, there is going to be a devastating crash – not just in bond markets but across all investment assets.

He said: “When the bond market breaks, when that bubble bursts, it will wipe out every asset, everything will collapse together… I mean diamonds, sports cars, mutual funds, municipal bonds, fixed income, reits, collateralised loan obligations, stocks, bonds – even commodities – will collapse in tandem along with the bond bubble burst.”

Many had been anticipating that we would have already seen a major financial crash in 2016, but so far things have been pretty stable, and this has lulled many into a false sense of complacency.

But it is important to remember that we have seen corporate earnings fall for five quarters in a row, and it is expected to be six when the final numbers for the third quarter come in.

Never before in history have we had a stretch like this without major economic and financial consequences.  The following comes from a recent Fortune article which referred to an earlier piece authored by Jim Bianco…

None of this, however, is apparent from how stock market indexes have been moving lately, which unlike the charts above have been going up and to the right. “Since 1947, every time profits fell this much, or for this long, a recession was either underway or about to begin,” writes Bianco. “The only exception was the middle of 1986 to early 1987.”

If you remember, there was a pretty important event that happened in 1987: A massive stock market crash that sapped close to 30% of the S&P 500’s value in just five days.

It is only a matter of time before this earnings recession takes a major bite out of Wall Street.

Stock prices can stay at irrationally high levels for quite a while, but history has shown that every bubble bursts eventually.

And when this bubble bursts, it is going to make 2008 look like a walk in the park.

 
  • ALWAYSTOMORROW

    Aesop’s fable # 210.

    Fool me once, shame on you. Fool me twice, shame on me.

    • Mike

      You have a negative comment for every article here. Why don’t read something that you find value in and stop being such an annoying pest?

      • Mike

        left out “you”

      • Anon

        He will, tomorrow.

      • SnodtBlossom

        AlwaysTomorrow is the Greatest and Most Refined poster on this board

    • anonymous

      fool me thrice is a shame on isis

  • im4truth4all

    “I am more concerned about the return of my money than the return on my money.” – Mark Twain

    • anonymous

      I’d rather have feces sprinkled on my cake than baked into my cake. At least I can see the crap for what it is.

      • illusion

        I would rather have a lobster on my piano than a crab on my organ.

        • Cugel the Clever

          I’d rather have a bottle in front of me than a frontal lobotomy.

        • Mike Smithy

          Q: What’s better than 2 roses on a piano?
          A: Tulips/2 lips on an organ.

        • the great kazoo

          I’d rather have a bottle in front of me than a frontal lobotomy. :)~

      • JC Teecher

        Watch out for that Chocolate pie!

  • JC Teecher

    When the words; launder money, China, and Nazis show up under the same article headlines then I see “Shadow nwo gov” written all over it.

    There is a picture of an Eagle with a big gold coin chain around it’s neck, standing on a pile of US Dollars…on fire, and the caption reads:

    One World Currency
    A Rothschild magazine cover shows world currencies burning replaced by a One World Currency. (The date on the coin is 2018!)

  • ali

    I understand that the meltdown is IMMINENT but is there a timeline with it?

    Even i can predict that someday the world will end but the real prediction is not to predict the end of world but when it will end. Truth is no one knows.

    • JC Teecher

      I have said many times, that there are signs, signals, and markers, that are good indicators of where we are in a worldly situation, and also where we are in terms of divine/spiritual situations.

      If a person believes in prophetic scripture and has studied it like I have for the past 15 years, then that person can look for markers of prophetic fulfillment to link together a “seasonal” timeline.

      We are approaching a point of no return. Why can I say this with absolute understanding? Just look around at the way the world is in turmoil and confusion. There is a prophetic marker. The great falling away from the truth/bible/Christianity, and more importantly God. There are more people in churches today than any other time in history; but, in those churches a lot of traditions of men and falsehoods are being taught. One of those is the pre-trib/fly away/any moment/escapism doctrine. It is a bad sign of impending doom.

      The world has become soft on killing of babies in the womb, and even selling of their body parts for profit.
      A large percentage of “church goers” have no problem with supporting a potus that has an agenda for killing of those babies and yes, turning a blind eye to selling of their body parts.
      Some of those same “church goers” vote for liberals, but say I don’t support abortion, what they are saying is …..basically…I am a liar.
      So, the apostasy has arrived, and only a couple more prophetic events must happen before Antichrist/Satan shows up. Oh, btw, that is another lie the churches follow; that the Antichrist is a flesh man walking the earth right now. Bull CACA! It is not biblical. Antichrist will be Satan here on earth, claiming to be Christ returned, and preaching that Antichrist is “yet” to come, so line up and worship me and I will “rapture” all you church goers away from his terrible tribulations.
      These things will happen, and it will happen before the year 2048, because 100 years is a generation, and Christ said the generation that sees Israel become a Nation, shall not pass until all be fulfilled, that he spoke of in Matthew 24…learn it he says, parable of the fig tree.

      • ali

        Hmm well I might not live until 2048 to challenge your prediction. But you are right that things are pretty bad.

        • JC Teecher

          That 2048 isn’t a prediction…stay alert..be a watchman….it is a line in the sand that is a max timeline.

          The End will most likely be here well before that date. Most likely, at least 15 years, or more, prior.

          And about things being “bad”, listen friend, we ain’t seen bad yet; in fact, we ain’t even seen the “beginning of sorrows”.

          Better get that gospel armor on, cause it is coming, and sooner for some than others that are “watching” and “preparing”.

          • LIZ THE SHIZ

            so when Israel turns 100 ? is there signifigence in that?

          • Jessy Scholl

            It’s just another year, and a year the media will hype as a year the world will end until January 1st, 2049.

      • Paul Benson

        AMEN to your rebuke of the pre-trib rapture hoax, This is a provable falsehood, which I clearly show in numerous blog articles on my site that examine the various elements of that teaching, and the dishonest way the Word of God is used to promote them.

        As to the parable of the fig tree being about the rebirth of Israel, I carried that fig tree / rebirth notion many years until the Lord showed me it was pre-trib theory lingering in my understanding and needed to be put to rest.That notion is actually a distraction from what that parable was actually given to teach us. I share this in the article at this link:

        https://pbenson.me/2016/05/13/the-fig-tree-parable-is-not-about-israels-rebirth/

        I would be interested in your response to this article, and the opportunity to explore your teachings. I found your comment on Antichrist to be interesting, I would like to hear more.
        .
        Blessings;
        Paul Benson
        http://www.paulbenson.me

        • JC Teecher

          Thanks for your reply, Paul.

          First of all, I want to say that I take no credit for bringing forth biblical truths as shown to me by the workings of the Holy Spirit. All the praise and glory, all of it go to the Lord.

          Secondly, I read your bio, and relate to it.
          I can see your sincerity.

          thirdly; I did read your article about the fig tree and although I am not ruling your interpretation out completely, I want to bring forth these verses for additional thought.

          Jer 24:3
          Then said the LORD unto me, What seest thou, Jeremiah? And I said, Figs; the good figs, very good; and the evil, very evil, that cannot be eaten, they are so evil.

          Jer 24:5
          Thus saith the LORD, the God of Israel; Like these good figs, so will I acknowledge them that are carried away captive of _udah, whom I have sent out of this place into the land of the Chaldeans for their good.
          Jer 24:6
          For I will set mine eyes upon them for good, and I will bring them again to this land: and I will build them, and not pull them down; and I will plant them, and not pluck them up.
          (This is God speaking “future”, that future event did not happen until 1948)

          The bad figs here are the Kenites and their offspring (sons of Cain/of the devil) that grow in amongst the good Fig Trees, just as the tares that grow in amongst the good wheat.

          When taking in the whole chapter of Jeremiah 24, it is obvious, that the “House” of Judah “is” the good Fig Tree. Not the “house of Israel”/ten tribes to the north, that was scattered abroad…already gone into captivity and dispersed separately from the tribe of _udah (plus Benjamin and most of Levi).
          Those that know the truth, and keep it dearly, as the church of Philadelphia and Smyrna, have the key of David, as to who are the good and bad Figs.
          See Rev 3.

          Many many people/scholars/etc. make the mistake of calling all of the tribes…-_ews. Wrong teaching, as the House of _udah and the House of Israel have been split/scattered, ever since Jeremiah took the ten out of the “Land of Israel”.
          They will be rejoined as the two sticks the Lord holds in one hand, in the MIllennium.

          • Paul Benson

            Thanks for reading and commenting. Although the verses you quote from Jer. do use good / vile figs to speak allegorically of the chastised captives of Judah (good figs) versus the rebellious among God’s people (vile figs); you have inserted a theory of lineage into the mix not supported by the context. Although I am not a theologian I do understand the theory behind that thinking; and am not really on-board with that understanding.

            The point of my article is to show there is NOTHING in the context of the parable of the fig tree that supports the notion Jesus was in any way referring to the rebirth of Israel. The signs we are told to watch for are ALL found in the time-frame of the final few years of this age, and many of them will transpire during the tribulation. This is why pre-trib teachers must twist this passable. It places the Church IN the tribulation watching for events the Bible clearly place in that time-frame.

            Thanks again for visiting my site.
            In Christ Jesus;
            Paul Benson

          • JC Teecher

            Everyone has to sail their own ship.
            Good sailing!

          • Paul Benson

            And good sailing to you Brother. May the Word of Truth light your path, and the precious Holy Spirit be your compass!

          • JC Teecher

            It is and it surely will continue. Sadly, I see a web of confusion in the determination of your interpretations concerning the self-called -ews, but are of the synagog of Satan, which are one in the same as the “bad figs”, and the “tares”.
            Someday you will be able to make the connection and see the truth in the Word.
            I’ll pray for you, brother.

          • Paul Benson

            A comment section is such a poor format to engage in teaching or in-depth discussion. If you would be so kind as to direct me to some proper exegesis on what it is you are getting at I would gladly consider looking into it. A higher plateau of understanding can only be attained by a refusal to camp out on the current one.

          • JC Teecher

            Sister soldier has basically done that for me. You see an allegorical scripture message where it is plainly visible that a literal meaning is describing the coming event in the future, whereby the setting out of the fig tree/Israel, will be firmly planted and “never” be plucked up. That my friend is the proper “exegesis”, you are needing to see. No further expounding on the subject is needed by me.

          • sister soldier

            I am truly humbled.

        • sister soldier

          It is of necessity when studying scripture that we accept God’s wisdom as the fundamental truth. If we accept the inerrant word in part or in whole as allegorical (unless instructed by scripture that it is as such) then we must also entertain that all of prophesy is in fact allegorical. We either allow the Holy Spirit to guide us into all truth or we reject sound doctrine as truth.

          Wisdom teaches us to study line upon line and precept upon precept. We must remove our finite minds from the equation if we are to receive the full benefit of the infallible word of God.

          Your reply that “you have inserted a theory of lineage into the mix not supported by the context” is erroneous. In fact the parable of the fig tree goes back to the garden of Eden and the temptation of Eve thereby laying the foundation of lineage.

          Jeremiah 24:1 shows the parable of two baskets of figs sitting in front of the temple in Jerusalem, the captivity has already taken place w/ the people/king/leaders already gone into Babylon. The parable is informing us “the end times generation” that the king of Babylon is forthcoming. For line upon line we look to the book of Revelation as the Bible always answers itself. “The king over them is Abaddon or Apollyon.

          For further revelation earlier in the book of Jeremiah we notice a name change. where God reversed the curse on Jeconiah, which they attribute to repentance on Jeconiah’s part. We find further revelation that the Messiah will descend from Jeconiah–exactly the opposite of what some say isn’t possible. Why? Because God changed the meaning of his name: Jeconiah which means “one whom God established/Yahweh will fortify His people” and Jehoiachin “one whom God appoints/Yahweh will uphold”.

          The bottom line is that it is impossible to rule out lineage in the master plan of God’s fulfillment for the plan of salvation and the fulfillment of prophetic events..

          • JC Teecher

            Amen sister! Blood lineage was important to God in the beginning of this Heaven and Earth Age, hence his first commandment to the Adamic blood lineage, Adam and Eve, through which Christ would come from, as pure pedigree, umbilical cord to umbilical cord; and that commandment was do not “partake” of the Tree(angelic being/Lucifer), of the knowledge of Good and Evil.
            They did, saw their nakedness, covered it with fig leaves, and then Eve gave birth to twins…Cain being the progeny of that beguiling by Satan.
            It is written and it is truth, but taught as a lie by mainstream religions as “the serpent seed heresy”.
            Truth will prevail, and the gates of hell will not prevail against it.

          • Paul Benson

            The Serpent Seed teaching is called heresy because that’s exactly what it is. Ultimately that theory denies the Power of the Cross and the Blood of Christ. Our salvation is not a bi-product of what blood flows in our veins but by the Blood that flowed out of Christ’s veins! Through faith we become children of Abraham and heirs according to the promise. By the election of grace, not by lineage!
            Angels (holy OR fallen) do NOT sire children. That concept is nothing but Jewish fables and is not presented in the Word of God! You have been listening to seducing spirits and doctrines of devils.

          • JC Teecher

            au contraire mon frère, the bible has many teachings of the serpent seed, but you are the one my friend that has the wool over his eyes.

            don’t sweat it, Paul, you will see the truth in time, and it will be just as I have laid it out. Eve was beguiled by Satan, playing the role of the Dragon in the Garden, which means totally seduced. I don’t need to tell you what the ultimate in seduction results in.
            If Eve had eaten a forbidden apple as false religions teach, then the fig leaves would have been over her mouth instead of over her box.
            Same goes for Adam.

          • LIZ THE SHIZ

            hey Bevis, he said box heh heh heh

          • Paul Benson

            Your doctrine is perverse and false. The Scripture says thet SEWED GARMENTS out of fig leaves. The sin had made them aware they were nude. She was not trying to cover up a defiled sexual organ.

            Gen 3:2 And the woman said unto the serpent, We may eat of the fruit of the trees of the garden:

            Gen 3:3 But of the fruit of the tree which is in the midst of the garden, God hath said, Ye shall not eat of it, neither shall ye touch it, lest ye die.
            (You insisted the tree of the knowledge of good and evil was satan and eating of that tree meant they had sex with him. Eve said they had been eating the fruit of all the other trees in the garden. In order for your mistaken symbolism to play out these other trees would also have to be entities they were having sex with. Doesn’t fit does it? The context proves you false.)
            Gen 3:4 And the serpent said unto the woman, Ye shall not surely die:

            Gen 3:5 For God doth know that in the day ye eat thereof, then your eyes shall be opened, and ye shall be as gods, knowing good and evil.

            Gen 3:6 And when the woman saw that the tree was good for food, and that it was pleasant to the eyes, and a tree to be desired to make one wise, she took of the fruit thereof, and did eat, and gave also unto her husband with her; and he did eat.
            ( THE BIBLE SAYS the fruit of that tree was FOOD. You are perverting the Word of God to say it was a sex act with satan. You need to repent and seek forgiveness for corrupting God’s Holy Word with heretical teachings.)
            Gen 3:7 And the eyes of them both were opened, and they knew that they were naked; and they sewed fig leaves together, and made themselves aprons.
            (I notice a comment below about your untoward words. They are watching.

          • JC Teecher

            Nothing strange or perverse about eating from natural fruit trees, You have a warped sense of ideology if you think natural organic trees are sexual beings.

            There were only two supernatural beings in the Garden that were referred to as “trees”.
            The Tree of Life which at that particular time was also known as King Melchizedek, or King of the Just/Justified.
            Don’t fret, that may be a little too deep for you, currently.
            But, the other being was the Tree of Knowledge of Good and Evil, aka Satan.
            Satan did impregnate Eve, and Cain was the result of that impregnation…no matter how it happened.

          • Paul Benson

            Adam and Eve did NOT have sex with Satan and begin a lineage of ‘serpent seed’. That is heresy!
            I will no longer communicate with you so don’t waste the time.
            I have obeyed the Scriptures and admonished you twice. Now I reject you and rebuke you in the name of the LORD Jesus Christ. And in His name I hand you over to his dealings. Your error will not be unrewarded..
            In Jesus Christ;

          • JC Teecher

            Up early, shaking in my boots that you have admonished and brought judgment down upon my head as coals of fire…NOT!

          • JC Teecher

            Oh and I was wondering, how successful is you ministering website/blog?
            It seems you have to come out on a prepping website to try and recruit followers for your slanted/twisted teachings, that don’t always align with God’s written Word.

            There’s your sign.

          • JC Teecher

            Paul says:

            ” You are perverting the Word of God to say it was a sex act with satan. You need to repent and seek forgiveness for corrupting God’s Holy Word with heretical teachings.)”

            You, my froward friend, are a day late and a dollar short with this message and warning.

            I’ve been there and done that with an International Ministry several years ago.
            They said the same thing about me as you are saying. They also said “nothing” I had said on their site could be backed up biblically.
            Well, I knew better, but being Humble before my Creator is my position so I prayed with all sincerity and humbleness, and asked for forgiveness if i had over stepped my bounds with them, and at the same time asked God to open their eyes and bring about his chastisement where it was needed, if it be his will.
            In that prayer I was accepting Chastisement on myself if needed.
            Within 48 hours the President of that Ministry sent me pictures of their barn and a van totally engulfed in flames that started while they were having a late supper. The firemen said they had never seen a fire so hot, and a few days later the Fire Marshall said that they had no logical explanation for the fire.
            The Minister and his wife, which controlled his website and called me a false man of God, lost tens of thousands of dollars with no fire Insurance on the barn nor collision on the van. Much much more was lost, but the only life that perished was 39 of 40 chickens. Biblical numerics says they came up one short of making probation complete.
            I never had so much as a cold after that, the whole winter, and blessings of spirit filled revelations poured in.

            So, Mr.Benson, you need to seek more Spirit filled interpretations instead of your own short minded, stone engraved ones.
            I am not worried about my soul nor my position with my Heavenly Father.
            Are you?

          • JC Teecher

            I have many scriptures for you, but it won’t matter as you are steadfast in your doctrine; but, for the benefit of readers I will post this….. 1Jo 3:12
            Not as Cain, who was of that wicked one, and slew his brother.

          • Paul Benson

            1Jn 3:8 He that committeth sin is of the devil; for the devil sinneth from the beginning. For this purpose the Son of God was manifested, that he might destroy the works of the devil.
            (All who commit sin are of the devil not just Cain. Are we all ‘serpent seed” You have pulled the verse out of context to fit your error)
            1Jn 3:9 Whosoever is born of God doth not commit sin; for his seed remaineth in him: and he cannot sin, because he is born of God.
            (Those who walk in the power of God’s grace no longer are in bondage to sin and are no longer the children of the wicked one. )
            1Jn 3:10 In this the children of God are manifest, and the children of the devil: whosoever doeth not righteousness is not of God, neither he that loveth not his brother.
            (
            1Jn 3:11 For this is the message that ye heard from the beginning, that we should love one another.

            1Jn 3:12 Not as Cain, who was of that wicked one, and slew his brother. And wherefore slew he him? Because his own works were evil, and his brother’s righteous.

            1Jn 3:13 Marvel not, my brethren, if the world hate you.

            1Jn 3:14 We know that we have passed from death unto life, because we love the brethren. He that loveth not his brother abideth in death.
            (Our eternal destiny is altered when we are born again. We pass from being the children of the wicked one to being righteous. This transpires through faith in the Cross and the Blood of Christ. Salvation by lineage is heresy.

          • sister soldier

            If angels don’t sire children then who were the Nephilim? Which are clearly in scripture.

          • JC Teecher

            Good morning Sister,What a pleasant surprise to see your lovely voice this morning.
            It is apparent that Mr. Benson (i use the Mr. lightly) has not the mind nor intellect to “rightly divide” God’s written Word.
            Sad, sad, sad.

            Hope you have a glorious and fruitful day!

          • sister soldier

            Thank you and I hope that you have an equally glorious and fruitful day as well. And, may the good Lord bless you even more so than He has already blessed me!

          • SnodtBlossom

            Ezekiel 23:11-21 – “Her sister Oholibah saw this, yet in her lust and prostitution she was more depraved than her sister. She too lusted after the Assyrians—governors and commanders, warriors in full dress, mounted horsemen, all handsome young men. I saw that she too defiled herself; both of them went the same way. But she carried her prostitution still further. She saw men portrayed on a wall, figures of Chaldeans a portrayed in red, with belts around their waists and flowing turbans on their heads; all of them looked like Babylonian chariot officers, natives of Chaldea. b As soon as she saw them, she lusted after them and sent messengers to them in Chaldea. Then the Babylonians came to her, to the bed of love, and in their lust they defiled her. After she had been defiled by them, she turned away from them in disgust. When she carried on her prostitution openly and exposed her nakedness, I turned away from her in disgust, just as I had turned away from her sister. Yet she became more and more promiscuous as she recalled the days of her youth, when she was a prostitute in Egypt. There she lusted after her lovers, whose genitals were like those of donkeys and whose emission was like that of horses. So you longed for the lewdness of your youth, when in Egypt your bosom was caressed and your young breasts fondled.”

          • sister soldier

            Dear God, it’s my privilege to share this earth and walk this world for a time. It’s my responsibility to take up the work of Your will and redemption. I rejoice in the power of your Son, His words, witness, and resurrection. Amen.

        • SnodtBlossom

          1 Samuel 18:25-27 – “Saul replied, “Say to David, ‘The king wants no other price for the bride than a hundred Philistine foreskins, to take revenge on his enemies.’ ” Saul’s plan was to have David fall by the hands of the Philistines. When the attendants told David these things, he was pleased to become the king’s son-in-law. So before the allotted time elapsed, David and his men went out and killed two hundred Philistines. He brought their foreskins and presented the full number to the king so that he might become the king’s son-in-law. Then Saul gave him his daughter Michal in marriage.”

          • LIZ THE SHIZ

            don’t forget to TIP the waiter

        • Jessy Scholl

          And let’s not forget that the Roman Catholic Church is the Antichrist.

          • JC Teecher

            Nada. They sidle up to the Antichrist, for control of the One World Religious system, aka the Beast System, but the Pope is not the false prophet as taught. He is a type, just as Obama is a type of Antichrist. No flesh man playing the role of Antichrist…he is Supernatural Lucifer…in disguise.

          • Jessy Scholl

            Here is the true definition of Antichrist. An An Antichrist is anybody that denies that Jesus is the Savior of the World. On that note, the Roman Catholic Church is an antichristian system lead by the Antichrist himself, namely the pope. But the truth is that there are many Antichrists led by the RCC’s billion plus followers.

            Want to know why the Roman Catholic Church is the Antichrist? It is simply because they worship idols including Mary, the Mother of God. When Mary was born, she was born with sin and that makes her unable to be the supernatural being the church claims she is. In order for the church to receive salvation, the people have to go through Mary because Jesus is mad at them for being sinners. When Jesus came into this life, Mary was merely the vessel in which he became flesh. While he was dying on the cross, he invited John to look after his mother just like a son would.

            Finally, here is the true Hail Mary as prayed by the RCC: Hail Mary full of Grace, the Lord is with thee. Blessed are thou among women and blessed is the fruit of thy womb Jesus. Holy Mary Mother of God, pray for us sinners now and at the hour of our death. Not only does the Roman Catholic Church worship Mary, they ask her to pray for all sinners now and at death as if she was a powerful being. There is nothing in the bible that says dead prophets, saints, and Jesus pray for people here on earth. And there is certainly nothing in the bible that says Mary is the savior of the world and that we must pray to her so she can pray for us on our behalf. Such thinking is the work of the Antichrist system led by the Antichrist himself, the pope.

          • JC Teecher

            I don’t argue against any of the things you say here, because I have stated them myself, in an article i did a couple years ago. In fact I said a whole lot more and showed many examples of where the “religion” itself has been corrupted from the get go.

            When a religion does “not” allow for the 100% forgiveness of sins without the need of a priest or some pedophile calling himself a priest, then it is a false religion, and that is how i categorize them, instead of antichrist, but that works as well.

            Thank you.

      • Bill G Wilminton NC

        When Yeshua Comes For His Bride His Feet Never Touch The Earth We Meet Him In The Clouds ” The Rapture ” Also Called ” The Gathering Up “…..This Is When The Holy Spirit Leaves The Earth As He Lives Within Us.

        The Second Coming Jesus Feet Touch Earth And He Stops The Wars And Destruction And The Battle Of Armegeddo If Not There Would Be Nothing Left.

        • SnodtBlossom

          Genesis 6:6-7 – “The LORD was grieved that he had made man on the earth, and his heart was filled with pain. So the LORD said, “I will wipe mankind, whom I have created, from the face of the earth—men and animals, and creatures that move along the ground, and birds of the air—for I am grieved that I have made them.””

          • James Staten

            BUT GOD, put on a tent of human flesh and tabernacled among us, and died on a Roman cross. The creature murdered their Creator. John 3:16 and 1 Corinthians 15:1-4

        • JC Teecher

          Seriously Bill?
          Where is that scripture that Christ returns “twice”, and the first doesn’t count. Meeting in the atmosphere is not what Thess 4:17 says. Air here is stated in the Greek as…aer= From aemi (to breathe unconsciously, i.e. respire; by analogy, to blow) aka breath of life body.

          Other places it is the word, ouranos, in the Greek, and shamayim in the Hebrew, as atmosphere, or as the visible universe, the sky, atmosphere,

          If not for this one verse in 4:17 the pre-trib crowd would have nothing concrete to play around with.
          Just don’t jump on the ship of the “first” Messiah, or you will be heading..”not” to Heaven.
          When he comes, and if you are still in the flesh body, you will know what I am talking about, because Antichrist has power to deceive, but; He can never change your physical body into the spirit body, in the twinkling of an eye. Only the true Messiah can do that.

          Just sayin’.

          • Bill G Wilminton NC

            Yeshua Comes For His Bride And We Go Meet Him In The Clouds ( heavens there is 3) The Holy Spirit (The Restrainer ) Has Now Left The Earth As He Lives Inside Of Those That Love Him. Those left on earth to be saved have to go through “The Tribulation” and must never take The Mark Of The Beast. The Tribulation ends by Yeshua ENDING IT and stopping the great destruction and death that has overtaken the World. Those left and not have taken the mark of the beast will be saved and be a part of the New Earth 1000 year reign of Christ.

        • JC Teecher

          I for one plan on being here, if it is God’s will, to make a stand against Satan, to allow the Holy Spirit speak through me as a witness for those that haven’t opened their eyes.
          If the the Holy Spirit is gone, than what spirit is doing my talking for me against Satan? What Holy Spirit is gonna do the saving during that first Tribulation period? See bill, it don’t add up, and I believe my Father in that He said…”I will never forsake you or leave you.”

          Ummm? I don’t think, actually I know, you have not thought this through very well. My advice for you is to just keep quite if you fully believe,without a shadow of a doubt, that you are gonna fly out of here before Satan comes on the scene.
          You could very well bring chastisement down on yourself for spreading the pre-trib lie. Believe me Bill, when I say I have seen that hammer fall on the believers many times over the years on the internet.

          Not a good position to be in with our Father.

          • Bill G Wilminton NC

            Your Discussion Needs To Be With God Not Me.

            And God Has Appointed 144,00 Jewish Ambassadors To Spread His Word Around The World.

            And The Two In Jerusalem Speaking Nonstop.

            If He Needs Your Help He Knows Where To Reach Ya.

          • JC Teecher

            Well Mr. Bill I see you have gotten your fur rubbed backwards a tad, and that is OK, because it shows your frustration of not being able to nail down the pre-trib doctrine by the word of God…because it is NOT there.

            My discussion has been with God, many times and many times He has led me to the truth. I will not apologize for His Agape Love that He has shared so graciously, by showing me truth.

            He does need my help and that is why He took me to the next Age, in the Spirit body and showed me what He has in store for me, as this, the second Age becomes a memory.
            You may not believe my testimony, and that is OK, but you will not be raptured out of here pre-trib, unless you die a flesh death, between now and the Day of the Lord…”one” event, not two.

      • The “nation” calling itself “Israel” now is not the Israel of God that is still future. Source: Bible.

        • JC Teecher

          You are correct sir. The Millennial Temple will be surrounded by all the tribes forward and backwards, with the Levitical tribe being inside the Temple.

          The tribe of Judah, and Benjamin will have their respective allotments for their saved and chosen, but their will not be a total known as _ews. The tribe of Benjamin will not be called -ews as before, and I imagine the tribe of Judah will be possibly known as _udeans.

          We are told exactly how the layout will be, and there will be no “chosen” 144,000 _ews as some teach and follow. In fact if the _ews were the chosen, I would imagine that God would have them placed inside the Temple, like the Levites.

          Many misconceptions and falsehoods will be straightened out by the King of Kings.

        • A guy from Ukraine

          you are most probably right if one looks at all the atrocities the israel government is behind: the henocide of the palestinian population on occupied territories, the implication in 9/11false flag attack, the support of ISIS, the list goes on and on…

          • My citing of the bible concerning the “Israel of God” is not an attack upon the present Israel, an ally of the U.S.

    • K2

      well said.

  • Orac4Prez

    I wonder what this will do to a lot of property markets (commercial, industrial and homes) around the world where Chinese investors have been activity buying! In Canada there was the big bubble in Vancouver, in Australia in farms, real estate and recently the container ports. Doesn’t dound good.
    On another note: Have you heard that in Europe two companies have just issued negative interest rate bonds (10 year bonds I believe) ! Sanofi and Henkel both asked for 500million euros and they are oversubscribed. Go figure! Obviously companies and the bond buyers don’t expect any sort of recovery or central bank rate rises anytime soon

  • Mondobeyondo

    Looks like Dorothy just threw a cup of hot water at the Wicked Witch of the East…

  • SnodtBlossom

    Buy MORE Chinese stuff!

  • Bill

    Bankers have added so much money to the system through their fractional reserve scheme that it has lost any sense of value. Negative rates are preventing it from being called worthless. It is no longer created by labor but simply by a computer adding more zeros.

    An old Russian proverb: “If we could eat money, nobody would starve.”

  • Satirist 1976

    The U.S should initiate a $200 billion a month QE program. This will signal to investors that the Federal Reserve is committed to keeping the stock market afloat. Also, the Federal Reserve, BOJ, BOE, and ECB could recapitalize the Chinese banks. The central banks are omnipotent. Like Hillary and Barack, they are looking out for the best interests of the middle class. I think the Wells Fargo fiasco was an isolated incident.

    • Jerry C

      I never did like satire. To each his own.

    • Mike Smithy

      Is that you Million Dollar Bonus?

  • Preacher62

    “When the bond market breaks, when that bubble bursts, it will wipe out every asset, everything will collapse together… I mean diamonds, sports cars, mutual funds, municipal bonds, fixed income, reits, collateralised loan obligations, stocks, bonds – even commodities – will collapse in tandem along with the bond bubble burst.” –
    Such things are not assets but are idols given to mankind by the prince of this world. Repent and believe the Gospel; seek first God’s kingdom and there will be no need or desire for earthly concerns.

    • JC Teecher

      Amen preacher, we are living with luxuries fit for a king, and don’t even realize it……..until they are gone.

      • LIZ THE SHIZ

        you can’t take it with you unless you’re a Pharoah

        • guest

          Even if you were a pharaoh sooner or later somebody will dig you up and take all your neat stuff.

          • LIZ THE SHIZ

            Tut Tut, dig it

          • Donde Londo

            Pharaohs were in denial.

        • Richard O. Mann

          He did not take it with him. He left it for looters. They cleaned him, all of them, out. You bring nothing in, you take nothing out. So, why get too crazy about the stuff here.

    • jox

      yawn

    • guest

      That’s just an overly complicated way of saying “live within your means, help others and stay out of debt” . Whether you learned that from reading the Bible, the Bhagavad Gita or Poor Richards Almanac it’s good advice.

  • jimmijames

    I would not be surprised if China is doing this intentionally. China has been amassing large amounts of gold for the past several years. Additionally, they have set up “Gold Stores” and citizens are buying gold by the tons. Which the government probably ask for the citizens to turn in to help their country in crisis. So, if you have a plan to tank your currency as you know it you go deep in debt. Then when it collapses, you issue a new currency backed by gold. Now, you have the strongest and most desirable currency in the world. And you pay off your debts for pennies on the dollar, because your new money is backed by gold.

  • df NJ

    China is a communist country. I was in Beijing in 2003. It is a completely different world with a different set of values. Everything in China is about maximizing the number of people employed. Company’s are not organized around making profits or building brands. Everything is about employment. Until you experience it you have no idea how different this is from this country. Banks in China are not as important as employment.

  • LIZ THE SHIZ

    when the 1st Bank of Satan talks watch out except if you are a Rothchild

    • df NJ

      “Give me control of a nations money supply, and I care not who makes it’s laws”. Mater Amschel Rothschild

      During the Civil War (1861-1865), President Lincoln needed money to finance the War from the North. The Bankers were going to charge him 24% to 36% interest. Lincoln was horrified and went away greatly distressed, for he was a man of principle and would not think of plunging his beloved country into a debt that the country would find impossible to pay back.

      Eventually President Lincoln was advised to get Congress to pass a law authorizing the printing of full legal tender Treasury notes to pay for the War effort. Lincoln recognized the great benefits of this issue. At one point he wrote:

      “(we) gave the people of this Republic the greatest blessing they have ever had – their own paper money to pay their own debts…”

      The Treasury notes were printed with green ink on the back, so the people called them “Greenbacks”.

      Lincoln printed 400 million dollars worth of Greenbacks (the exact amount being $449,338,902), money that he delegated to be created, a debt-free and interest-free money to finance the War. It served as legal tender for all debts, public and private. He printed it, paid it to the soldiers, to the U.S. Civil Service employees, and bought supplies for war.

      Shortly after that happened, The London Times printed the following: “If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and the wealth of all coun­tries will go to North America. That govern­ment must be destroyed, or it will destroy every monarchy on the globe.

      The Bankers obviously understood. The only thing, I repeat, the only thing that is a threat to their power is sovereign govern­ments printing interest-free and debt-free paper money. They know it would break the power of the international Bankers.

      Lincoln was then killed because of this policy. Just like the attempt to murder Andrew Jackson and the successful killing of Kennedy for printing interest free money.

      Our government and religion are designed to worship authority of monarchy above everything else. Evil is always where you least expect it. You have to understand the Citizen’s United ruling allows the Federal Reserve to print any amount of money necessary to support candidates that are puppets of the Federal Reserve.

      • LIZ THE SHIZ

        hey you got to pay the VIG, or it’s an icepick in the kneecaps

      • the great kazoo

        We should go back to the greenbacks and leave the globalist banksters to flap in the wind.

  • chilller

    Remember….when one is about to be fed a crap sandwich….the more bread you have, the less crap you have to eat.

  • DJohn1

    In the 60s, the Korean currency collapsed. I was there after that happened by about 5 years. The people that became rich were those that owned warehouses of commodities in storage. Whatever currency was valid was used to buy commodities necessary for every day life.
    The dollar is likely to do the same thing as the Korean currency did.
    They did away with the lowest level of currency and the 10 cent note became the new cent. The dollar became the new dime. I am using our currency as an example of what might happen to us. It went up the line.
    No one wanted to deal in the Korean currency after that.
    The United States did not want our currency in their hands. So they issued monopoly money instead as the circulating dollar. That is what all military people used to buy things off base.
    The entire economy floated around the U.S. Dollar(monopoly money). It was basically redeemable in gold internationally at $35 per ounce of gold.
    The Koreans took a hit. Their hard earned currency became worth 1/10th of its value. The warehoused goods people got wealthy fast.
    That is going to happen to China.
    With a resulting military build up to direct the nation outwards instead of inspecting what the current leadership has done.
    I look to see them go to war with their neighbors.
    Or they will start a conflict with us.
    Michael has all ready wrote several articles on the aggressive nature of modern China.
    In previous generations, our ancestors made deals with the devil. The devil in question was Joseph Stalin. They did this in order to bring down an aggressive dictator and Hitler was winning at the time.
    After the war, we all paid heavily for having dealt with Stalin.
    The question now is who will deal with what demons to bring peace back to our lands? For those devils are still out there ruling large portions of the globe. And we appear to be the number one target.
    We have a disproportionate percentage of wealth in this country. With most of the wealth is in the hands of a very few. The normal and average person is not part of that wealth. It was for a long time in the form of the middle class. The middle class was hit on by every professional group out there until it was bled dry.
    The rule of thumb here is 15% of the population does no real work. 85% do all the work. When those numbers change downward then the system adjusts itself and people are cast out of the 15%(possibly 35% at this time) and become one of the working class.
    That time of readjustment is possibly now.

  • df NJ

    The math illiteracy in this country is absolutely stunning. It absolutely doesn’t matter how much you make if you do not take into account the cost of living:

    “It’s hard to feel sorry for someone making six figures, but a new survey attempts to drum up some sympathy for the deflated bank accounts of these high rollers. Close to half of those who earn from $100,000 to $149,999 a year have less than $1,000 in their savings accounts. Some 18 percent of them have socked away absolutely nothing.”

    All those “rich” people are not really rich at all! “High rollers”, give me a break! It’s just stunning the level of math illiteracy in this country!

  • Mike Smithy

    Bank of International Settlements (BIS) = Bank of Satan

  • Mike Smithy

    Mr. Pento: “When the bond market breaks, when that bubble bursts, it will wipe out every asset, everything will collapse together… I mean diamonds, sports cars, mutual funds, municipal bonds, fixed income, reits, collateralised loan obligations, stocks, bonds – even commodities – will collapse in tandem along with the bond bubble burst.”

    I beg to differ. Tangible assets in your possession are real assets. Whether it’s sports cars, diamonds, gold, silver, guns or ammo. Stocks and bonds, not so much.

  • Richard O. Mann

    So much going on. North Korea has the bomb and the missiles to deliver. South Korea just had their number one cargo carrier go belly up. Russia and China are trying to take over the world. Iran is on the verge of taking a shot at the US, with the nukes they are buying and developing with the money the Big O gave them. The remainder of the Middle East is one good “oops” from full blown war. The only good news I heard today was that my A1C sugar levels were down. Hey, got to find the good when and where you can.

  • aldownunder

    I can’t believe Brad and Angelina broke up
    Now that is some important news

    • LIZ THE SHIZ

      well mate, he’s a wanker and she’s a bloomin onion , put another Hollyweird marriage on the barbie

  • Priszilla

    China is different. You can’t measure it the conventional way.
    China can shut down tens of thousands of companies overnight because they don’t comply with new environmental regulations. They can order a city the size of New York to shut down all business activities because there is an international conference.

  • tsf

    “And His voice shook the earth then, but now He has promised, saying, “YET ONCE MORE I WILL SHAKE NOT ONLY THE EARTH, BUT ALSO THE HEAVEN.”

    “This expression, “Yet once more,” denotes the removing of those things which can be shaken, as of created things, so that those things which cannot be shaken may remain.

    “Therefore, since we receive a kingdom which cannot be shaken, let us show gratitude, by which we may offer to God an acceptable service with reverence and awe;
    for our God is a consuming fire.”

    Hebrews 12;26-29

  • Pete Okuhira

    Sound like the Western central banks and the BIS are trying to crush China in retaliation for the One Belt One Road initiative and the creation of AIIB. China wants to create a system where countries in Asia and Africa and even in latin America does not want to follow the western values and influences.

  • tacoma

    The Bank for International Settlements is the financial anchor, the clearing and settlement agency for the U.S. dollar world. It loves to see a financial blow up in China, true or false. But when both US Fed and ECB are both under extreme stress as they are now, where they are in a monetary policy deep hole, it is particularly important that they spread falsehood on China. This way, when their own currencies blow up in the near future, they can blame China for causing it.

    • Pete Okuhira

      It makes sense to me. Since China is the second biggest economy in the world and the fact that China is investing heavily on infrastructures and trading in Africa and the Middle East, the West is not very pleased about it, since the BRICS (Brazil, Russia, India, China, South Africa) nations are moving away from the West and establish businesses in the 3rd world countries. If and only if those countries in the Middle East, Africa, Latin America and South and South East Asia becomes more financially and academically democratic, then the Bank for International Settlements and the World Bank and the IMF will do anything to destroy the world economy, thus sending the West, especially the United States, into war and reset the economic button. Only then, the West will regain control of the world economy. No wonder the West is making Russia and China (and partially India and Brazil) the bad guys.

  • Pete Okuhira

    Since China is the second biggest economy in the world and the fact that China is investing heavily on infrastructures and trading in Africa and the Middle East, the West is not very pleased about it, since the BRICS (Brazil, Russia, India, China, South Africa) nations are moving away from the West and establish businesses in the 3rd world countries. If and only if those countries in the Middle East, Africa, Latin America and South and South East Asia becomes more financially and academically democratic, then the Bank for International Settlements and the World Bank and the IMF will do anything to destroy the world economy, thus sending the West, especially the United States, into war and reset the economic button. Only then, the West will regain control of the world economy. No wonder the West is making Russia and China (and partially India and Brazil) the bad guys.

  • GetReal4U2

    you we soon see the “change” in an announcement on Sept 30th…

  • MaxRockatansky33

    Don’t worry about China. Better watch Deutsche Bank- next Lehman Brothers event x 10

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