The Beginning Of The End Ad
Gold Buying Guide: Golden Eagle Coins

Recent Posts

The Preppers Blueprint Economic Collapse Blog Get Prepared Now Ad

Enter your email to subscribe to The Economic Collapse Blog:

Delivered by FeedBurner

We Just Witnessed The Greatest One Day Global Stock Market Loss In World History

Share on FacebookTweet about this on TwitterPin on PinterestShare on Google+Share on LinkedInShare on StumbleUponEmail this to someone

Money Burning - Public DomainMore stock market wealth was lost on Friday than on any other day in world history.  As you will see below, global investors lost two trillion dollars on the day following the Brexit vote.  And remember, this is on top of the trillions that global investors have already lost over the past 12 months.  It is important to understand that the Brexit vote was not the beginning of a new crisis – it has simply accelerated a global financial crisis that started last year and that was already in the process of unfolding.  As I noted on Friday, we have been waiting for “the next Lehman Brothers moment” that would really unleash fear and panic globally, and now we have it.  The next six months should be absolutely fascinating to watch.

According to CNBC, the total amount of money lost on global stock markets on Friday surpassed anything that we had ever seen before, and that includes the darkest days of the financial crisis of 2008…

Worldwide markets hemorrhaged more than $2 trillion in paper wealth on Friday, according to data from S&P Global, the worst on record. For context, that figure eclipsed the whipsaw trading sessions of the 2008 financial crisis, according to S&P analyst Howard Silverblatt.

The prior one day sell-off record was $1.9 trillion back in September of 2008, Silverblatt noted. According to S&P’s Broad Market Index, combined market capitalization is currently worth nearly $42 trillion.

And of course many of the wealthiest individuals on the planet got absolutely hammered.  According to Bloomberg, the 400 richest people in the world lost a total of $127.4 billion dollars on Friday…

The world’s 400 richest people lost $127.4 billion Friday as global equity markets reeled from the news that British voters elected to leave the European Union. The billionaires lost 3.2 percent of their total net worth, bringing the combined sum to $3.9 trillion, according to the Bloomberg Billionaires Index. The biggest decline belonged to Europe’s richest person, Amancio Ortega, who lost more than $6 billion, while nine others dropped more than $1 billion, including Bill Gates, Jeff Bezos and Gerald Cavendish Grosvenor, the wealthiest person in the U.K.

Could you imagine losing a billion dollars on a single day?

I am sure that Bill Gates and Jeff Bezos are not shivering in their boots quite yet, but what if the markets keep on bleeding like they did in 2008?

On the other hand, globalist magnate George Soros made a ton of money on Friday because he had positioned himself for a Brexit ahead of time.  The following comes from the London Independent

The billionaire who predicted Brexit would bring about “Black Friday” and a crisis for the finances of ordinary people appears to have profited hugely from the UK’s surprise exit from the EU.

George Soros is widely known as the man who “broke” the Bank of England in 1992, when he bet against the pound and made a reported £1.5bn.

Although the exact amount Mr Soros has gained after Brexit is not known, public filings show he doubled his bets earlier this year that stocks would fall.

So what will happen on Monday when the markets reopen?

Personally, I don’t think that it will be as bad as Friday.

But I could be wrong.

In early trading, Dow futures, S&P 500 futures and Nasdaq futures are all down

Dow futures fell by 90 points in early trading, while S&P 500 futures slipped 11 points, and NASDAQ futures dipped 24 points. Gold futures rose, in a reflection of sustained demand for safe-haven assets.

And at this moment, the British pound is getting absolutely crushed.  It is down to 1.33, and I would expect to see it fall a lot lower in the weeks and months to come.

Why?

Well, the truth is that now that the British people have voted to leave the EU, the globalists have to make it as painful as possible on them in order to send a warning to other nations that may consider leaving.  I think that a recent article by W. Ben Hunt explained this very well…

What’s next? From a game theory perspective, the EU and ECB need to crush the UK. It’s like the Greek debt negotiations … it was never about Greece, it was always about sending a signal that dissent and departure will not be tolerated to the countries that matter to the survival of the Eurozone (France, Italy, maybe Spain). Now they (and by “they” I mean the status quo politicians throughout the EU, not just Germany) are going to send that same signal to the same countries by hurting the UK any way they can, creating a Narrative that it’s economic death to leave the EU, much less the Eurozone. It’s not spite. It’s purely rational. It’s the smart move.

The elite need a crisis now in order to show everyone that globalism is the answer and not the problem.  If the British people were allowed to thrive once they walked away, that would only encourage more countries to go down the exact same path.  This is something that the elite are determined to avoid.

The Brexit vote has barely sunk in, and Bank of America and Goldman Sachs are already projecting a recession for the United Kingdom.  Sadly, I believe that this is what we will see happen.

But it won’t just be the British that suffer.

On Friday, European banking stocks had their worst day ever.  In particular, Deutsche Bank fell an astounding 17.49 percent to an all-time record closing low of 14.72.  I have warned repeatedly about the implosion of Deutsche Bank, and this crisis could be the catalyst for it.

In addition, I have repeatedly warned about the slow-motion meltdown that is happening in Japan.  On Friday, Japanese stocks lost 1286 points, and the yen surged in the exact opposite direction that the government is trying to send it…

Tokyo, we have a problem.

Last week, market tumult stemming from the U.K.’s vote to quit the European Union drove the British pound to its weakest levels in three decades.

Yet it also sent investors flocking to traditional safe haven assets like the U.S. dollar, gold and the yen, the latter surging against every major currency as the results of Brexit became clear: Dollar/yen spiked from a Thursday high near 107 to a two-year low near 99.

Just like in 2008, there will be days when global markets will be green.  When that happens, it will not mean that the crisis is over.

If you follow my work closely, then you know that it is imperative to look at the bigger picture.  Over the past 12 months, there have been some very nice market rallies around the world, but investors have still lost trillions of dollars overall.

What happens on any one particular day is not the story.  Rather, the key is to focus on the long-term trends.

And without a doubt, this Brexit vote could be “the tipping point” that greatly accelerates our ongoing woes…

“Brexit is the biggest global monetary shock since 2008,” said David Beckworth, a scholar at the Mercatus Center at George Mason University, in a blog post on Friday. “This could be the tipping point that turns the existing global slowdown of 2016 into a global recession.”

We were already dealing with a new global economic crisis without the Brexit vote.  But what this does is it introduces an element of panic and fear that had been missing up until this current time.

And markets do not like panic and fear very much.  In general, markets tend to go up when things are calm and predictable, and they tend to go down when chaos reigns.

Unfortunately, I believe that we are going to see quite a bit more chaos for the rest of 2016, and the trillions that were lost on Friday may turn out to be just the tip of the iceberg.

 
  • Leo

    I hope it crashes and burns. Those POS need to go down.

    • We all suffer, but what the heck. Even Robespierre got to wear a gold-fringe robe for a spell. And, come truce-time, everybody got a better deal on baguettes and brie.

      • Portmenn

        Brexit was engineered by the same elites that created the EU, whose ultimate goal is the perpetuate the control of the ignorant masses.

        The ongoing uproar is pure staged paranoia.

        TPTB do indeed know how to control the cattle.

        • sistersoldier

          Yes, I think they call us “chattel” 🙂

    • Jim Speaker

      George Soros is A very ugly looking man with A BUCK!

      • Orac4Prez

        To his friends and those he favours I’m sure he looks incredibly handsome….

      • Guest

        His wife is 42 years younger than he.

    • michael malachi

      sad to say but the crash and burn is all part of their plan. They will use it as an excuse to take more power and bring about their real plan: world government

      • sistersoldier

        One Currency. One Religion. New One World Order.

        You are correct. The elections are a ruse as they already now the outcome. They simply serve to keep the populace busy arguing among themselves until they are able to escape retaliation.

        By the time we decide to revolt – martial law will already have been activated. They do not have to remain topside when they have an army of drones.

        • Steeve Girard

          Ah, but there are still barbarians in our day and age, not all are addicted to the cults of “wieners”. Rome fell, because of them.

  • Jorma

    Another angle to this is that the elites planned this all along in order to bring a false flag following this Brexit, which will result in greater control for themselves. I don’t know if this is true anymore than you do. But it is certainly outside the box from what we are hearing otherwise.

    • The short-list of globalist perps makes for one heck of an easy round-up, come Dollar-crash. Ten kids from Brooklyn with a copy of Forbes 500 could do wonders to right the wrongs of globalism…

  • gfmucci

    This should benefit Trump, but recent polls (legit??) give Clinton a bigger edge. Why?

    • SnohtBlossom

      Because Clinton is going to be elected President 🙂

      • Nothing like having a multiple-offender represent the world’s foremost killing machine.

        • bunky doodle

          can she serve from prison?

      • Jorma

        I’m sorry, did you write “elected”? I thought the Clintons only stole elections.

        • bunky doodle

          you are right jorma. dems and clintons are best at stealing money and elections

        • SnohtBlossom

          “elected”

        • Steeve Girard

          She meant as stealing power, it was written in a way that makes it insinuated.

      • SwampStomper

        what a disastrous thought, that would be so embarrassing for America.

        • michael malachi

          time to move to russia

          • SnohtBlossom

            buh bye.. russia is cool..

        • bunky doodle

          how true

      • Orac4Prez

        Yeah, The Mexicans wouldn’t like it if Trump built a wall. When the economy collapses they want to have an easy escape route back home!

        • bunky doodle

          there already is a wall and a fence but, it is pretty basic, except in so california and arizona (parts of both)

          • Lennie

            Unfortunately a wall on the border will not serve it’s intended purpose unless there are guard towers maned by snipers every 1,000 yards or so.

            The good news is that no one will be shot who is not attempting suicide – which if they are serious about committing will commit anyway in a different way.

      • afchief

        More proof liberalism truly is a mental disorder!!

        There are not enough idiots in American to vote for this murdering criminal

        Oh, you want your welfare and EBT payments to continue is why you vote stupid!

        • Steeve Girard

          Ahem! That I almost choke on.

    • Check the poll sponsors. Each and every one in lockstep with the Clinton Dynasty. The bitter pill is that they have no viability in backing her moving forward. With or without an indictment she’s tainted goods. We the people have seen the man behind the curtain–the error in backing the EU through it all was the final straw for most working-class schmucks in mid-America. Polling Democrats in Manhattan ain’t exactly accurate polling.

      Let’s talk about the RADIOACTIVE LEAK JUST NORTH OF TOWN, -for example. Do you suppose that Hillary would make “uncontrolled” nuclear radiation central to her rule the world dialogue?

      • bunky doodle

        hillary cares about them if they vote for her. once voted. she will forget them

    • Bill

      Great question. Answer;manipulation.

    • afchief

      Don’t ever believe the liberal press or polls! They are nothing but liars

      • bunky doodle

        it only took me a life time to figure that out and i did. you are so right

    • Guest

      Most of what comes from the mainstream media is propaganda.

      • df NJ

        Everything not most

    • bc

      Main-stream media polls are rigged

      • df NJ

        You can achieve any polling result by how you frame the question. Polls are pretty much meaningless the way they are now done.

    • bunky doodle

      outliars and remember who owns the media and who hates trump. they are satanists and hillary is the biggest devil worshiper of all

  • James Dohnalek

    Over one half of the countries through out the world are broke. Countries that joined the EU borrowed, (sold 100’s of billions of bonds to finance their retirement. ) Countries who were profitable ended up being responsible for the EU exploding debt. The EU WILL BE DISMANTLED IN 3 YEARS. The next countries to leave will be the prosperous countries, like Germany, France, Netherlands, Sweden, Finland, Norway, and others.
    Those countries who were bankrupt will have to look upon themselves to find ways to survive with severe austerity measures imposed upon themselves. IT HAD TO HAPPEN THIS WAY !!!

    • Like Obamacare, it was structurally untenable without a 3.++% annual rising GDP. Now, it’s a death wish.

      • F Walker2016

        3%+ annual GDP is the upper end of creeping to moderate inflation and the threshold of runaway inflation. Guess again.

        • bunky doodle

          better than what we have now. unemployment , inflation, no growth….

      • Stan

        Lesson Learned: You can’t have two month vacations and work 30 hours a week and be productive…..

        • Tick Tock

          I have 22 days of paid vacation, 5 paid sick days, 2 paid floating holidays, 1 paid birthday and 12 paid holiday’s yearly and I am very productive.

      • bunky doodle

        obama care was doa. no way could it survive and it wont. past yr gdp was .015……..socialism doesnt work again.

        • Mr. Cipher

          It was designed to pay the medical bills for all the illegals flooding in. The problem is that the takers outnumber the makers. My premium has just gone up another 300.00 a month. It will eventually crush the middle class.

          • David_R59

            Illegal immigrants:
            translation: Democrat voters

    • Jorma

      It sounds like you are saying that the EU will have feet of clay and iron. If so…

      • SwampStomper

        Not yet, that’ll be the system that replaces this failure. And it’s going to happen quicker than you’ll ever believe.

    • me

      You don’t know anything. Norway isn’t even in the EU.

      • bunky doodle

        but they let in terrorists and now are paying them to leave. smart

    • dlewenz

      James America is the front of the pack as a percentage of GDP and Debt, If you add in underfunded liabilities, we fall off the face of the earth. I believe if we do enter into a global recession, the speed of financial unwinding will speed up X 3. And this time none of the central banks have any ability to backstop the depression. All the dry powder is gone.

      • F Walker2016

        Not even close. The world functions on about 3% while central banks still control 97%. Exters pyramid may help educate you. Uneducated doomsday forecasts – like the thousands found on this blog- are excellent comedy in the meantime.

        • Bill

          The world “functions” on all of it. The banks control most of it. Wonder if you’ll find it humorous at the bottom?

          • F Walker2016

            The bottom of what? Educate yourself. Your notions of banking and finance and economics are incorrect.

          • Bill

            Most people would understand it to be the bottom of the collapse. Seems you don’t have a clue what the fractional banking system is.

          • bunky doodle

            the usa kicked out the rothchilds and central bank twice in the 1800s and brought them back in in 1913 called the fed. time to give them the boot once again and this time for good

      • bunky doodle

        recession has always been with us since 07…..just blips of better followed by blips of worse. we are ready for the deep dive now. cant let banks do what they do and keep letting them do it. no fix after 08 with banks have brought us to the same thing again…..this time 100 fold on steroids

    • Priszilla

      War does that to countries. War only benefits those who sell guns and ammo to the taxpayer.

      • bunky doodle

        war is good business. it also cleanses the world of excess rice eaters

    • Heinrich van Rooi

      I agree with all you are saying. So I say it again It had to happen this way By the way this is only the beginning. It is that bad

    • Stan

      This makes the Swiss look brilliant…..

      The EU will run out of other people’s money and collapse from it. Our financial system exists today solely based on one’s belief it will continue. Our debt, and the derivatives are unsustainable. Once there is a crack in one’s belief things will be able to continue, game over.

      • bunky doodle

        the swiss are wise. they dont join. thought about it and withdrew the eu application. smart swiss

        • Mr. Cipher

          Good cheese too!

    • bunky doodle

      you are right. why should the ones that are responsible and pay their way, have to pay for those that are not responsible and borrow till they cant pay back anything. remember what thatcher said about socialism…..great until you run out of other peoples money. well england just said ”enough”.

      • bill

        this be true for capitalism too…USA 17 trillion debt

    • Jnbooth

      Norway is not part of the EU, but they do have a trade and border agreement like Switzerland. The other countries you mentioned (and Denmark) are the financial core of the EU; the rest of the EU members rely on those wealthy countries to hold them up. Thus, if any of the core EU countries exit, the EU will collapse. Brexit already means that the financial weight that the UK is carrying will now have to be evenly redistributed among the core. I say keep an eye on France, where the majority of the population want out of the EU so that they can control their borders, trade, etc. If the French right-wing party (which is gaining in popularity) gets elected next year, the markets will collapse, and it will happen well before any referandum has time to take place because the future would be clear to all – that the EU will fall.

    • Steeve Girard

      The USA are also on the list of possible dismembering, into 4 or 5 separate states.

  • Brian

    The scumbag Elites calling card is Order out of Chaos. That’s why a Trump victory is so vital. I can’t think of better way 2 tell the New World Order we don’t your puppet, Hillary and we don’t want your Order out of Chaos. Trump for President!

    • Priszilla

      Oh well. The Führer is the messiah. Not so new. Whatever you choose stay at your side of the pond.

      • bunky doodle

        so you dont want people spending money in england any more? just keep importing those terrorists and most wont want to visit jolly old england or anywhere in europe…..or should i say the new caliphate

    • bunky doodle

      you got it mate. right on

    • sistersoldier

      They will blow it to smithereens before they restore power to the people. By the time we figured out what was going on you can believe they are ready to kick their agenda into overdrive.

      • Brian

        Who cares what adout the NWO and thier “agenda.” By your logic we should just bend over and take it? Not me, Never! I’m a Fighter not a Quitter! I know you’re a Fighter as well, so do the right thing and vote for Trump.

        • sistersoldier

          I don’t think the NWO is a separate entity but all of those involved in global domination are a part of the same group of evil beings.

    • autofixer

      Trump is an elite.

  • Tatiana Covington

    10,000 years from now, who’ll care?

    • Steeve Girard

      Nature will care, it will not want ever again a greedy and manipulative species like us, ever again.

      • Sumatra

        You think we won’t have destroyed it by then?

  • Jim Speaker

    The buck needs to go. It’s A very evil thing It’s the cause of all our problems.

    • bunky doodle

      not IF but when it will go

    • Steeve Girard

      No actually the casino banks need to go, and the money value should be decided by the people, not some Keynesian economic hotshots, who keep making bad predictions.

  • michael malachi

    Things are really getting bad and will get much worse. Do not let the news bring you down. Reality is that there is nothing that you can do about it so you might as well just prepare, be aware and don’t scare.

    • F Walker2016

      Reality is you have the ability to profit from the price action.

      • Ricardo

        And that is one of the reasons why the world is the way it is. People like you.

        • F Walker2016

          Sorry for your luck

  • winrob

    Bill Gates lost a billion? If that happened to me, I’d have to declare bankruptcy…

    • Orac4Prez

      Lucky you! I wouldn’t even need to loose a million to be bankrupt!

      • F Walker2016

        lose

        • Jodie Lynn Gaeta

          Okay, you’re smart. You’re smarter than everyone else. Now shut up.

  • Bill

    The truth is becoming apparent. Great summary by Michael. As the night wears on, manipulation in the commodity/futures markets is showing up again. Great comments. #DEFEATtheELITE

    • Bill

      A few minutes later and…. Oil has turned positive, DOW futures are close to positive after being down almost 100…..the PPT works hard when the sheeple sleep. #DEFEATtheELITE

      • Bill

        Now at 7:30 ET Dow down 125. The overnight head fake didn’t hold. I would expect further decline by the open. Hope Michael clears further info…..

        • Guest

          The Nikkei and Shanghai stock indices are currently in the green. It will be interesting to see what happens today in U.S. stock markets.

  • Bob332

    Michael, you hit the nail on the head . The “Globalist’s” and the “Elite’s” HAVE to make the UK feel the pain and WILL produce a crisis, using the UK as an example to the other countries in the EU.

    • F Walker2016

      When the one trick pony only has a hammer in his toolkit, everything looks like a nail. Educate yourself before you get hammered again by his ludicrous hunches.

  • Priszilla

    Let’s call it market correction. If nobody wanted to buy those stocks they probably weren’t worth that much.

    • F Walker2016

      Correction by definition is 10%+ retrace. Pullback by definition is 3-6%; let’s call it a shallow pullback and remain grounded in reality.

  • Cal

    The true President of the United States is Jesus Christ and the true Supreme Court is the Father, Son and Holy Spirit. Thank God there is no such thing as Congress amongst the supreme divine beings.

    • Guest

      What? I’m a Christian, and that is the most ridiculous thing I’ve ever read here.

      Speaking to Pontius Pilate “Jesus answered, My kingdom is not of this world: if my kingdom were of this world, then would my servants fight, that I should not be delivered to the Jews: but now is my kingdom not from hence. (John 18:36)

      Jesus Christ has a kingdom that is not of this world. “Not of this world” is in the genitive case in the Greek, meaning His kingdom did not originate in or come out of this world. His kingdom originated in heaven and comes from there. One day soon Jesus Christ will rule and reign over all the Earth from Jerusalem.

      “And I saw thrones, and they sat upon them, and judgment was given unto them: and I saw the souls of them that were beheaded for the witness of Jesus, and for the word of God, and which had not worshipped the beast, neither his image, neither had received his mark upon their foreheads, or in their hands; and they lived and reigned with Christ a thousand years.” (Rev. 20:4)

      • df NJ

        “Kingdom” is such a strange word to use when talking about religion. The word implies boundaries. And “reign” is really weird word to use too. It seems to me the presence of God would be everywhere without boundaries. And God would not have to “reign” but simple be present to be appreciated. I guess it’s the idea that God will be living among the people but casting judgments and actively resolving day-to-day grievances between men. It just seems a little petty to me for our Almighty God to resolving day-to-day issues of the modern World. I’m not sure the “kingdom” / “reign” terminology works in today’s modern society. Maybe that’s why religion is on the decline in the US.

      • df NJ

        RE: “”Jesus answered, My kingdom is not of this world: if my kingdom were of this world, then would my servants fight, that I should not be delivered to the Jews: but now is my kingdom not from hence.”

        What the hell does “but now is my kingdom not from hence” mean? Does this mean God is giving up and not fighting for his kingdom in this world. And you wonder why religion is on the decline in this country. The way the text is translated is just crazy talk. It’s not even well-formed sentences.

        • Jerry C

          You’re so grossly Biblically ignorant I must assume you’re just a liar. Mankind has preferred to be ruled by kings against God’s wishes; which is why the Hebrews got king Saul instead of David (a man after God’s own heart). So, in a nutshell, God loves us so much that He became a human man & will rule on earth with us for a thousand years. You know why? Because even with God in the flesh for us to see, hear & touch, people will still disobey Him in His glorious rule on earth; all at the same time satan is locked in the Abyss so as not to tempt people. There you go. People will still choose to sin without satan’s help all the while God is in the flesh here on earth. You. Are. Clueless.

    • Stan

      You don’t want a theocracy….. The United States was founded on the principles of Christianity… but of course, not if you are a multiculturalist Lib like obama then it was founded on islam…

    • df NJ

      If Jesus Christ were here running for president, and assuming he made it through the primary process, would he be Republican or Democrat base on his policy positions?

      • bunky doodle

        independent

      • Guest

        That’s absurd and borders on blasphemy.

    • df NJ

      I never understood the Father, Son, and Holy Spirit. I thought there was only one true all-powerful all-loving God. And that God is God. I guess the Father, Son, and Holy Spirit is like something out of Greek mythology. A pantheon of Gods.

      • bunky doodle

        study the holy trinity and you might understand. nostros somos uno

      • Jerry C

        Here you go. I’m a husband, father and friend. Believe it or not, I’m one being.

      • GSOB

        There is only on true God.

        Historically speaking, the Trinity has been one of the most scrutinized and confusing doctrines from Christianity.

        If you are familiar with the Holy Scriptures, there you’ll find many verses that reveal that our God is ‘triune’,…. though the words triune or trinity are not in the Bible, it is essential Christian doctrine.

        It may help also, to think of the triuness in this example; an egg.
        It has three parts:

        1. Shell

        2. Albumen

        3. Yoke

        All 3 together one egg.

        “The grace of the Lord Jesus Christ and the love of God and the fellowship of the Holy Spirit, be with you all.”
        2 Corinthians 13:14

        “For the kingdom of God is not a matter of eating and drinking, but of righteousness, peace and joy in the Holy Spirit, because anyone who serves Christ in this way is pleasing to God and receives human approval.”

        Romans 14:17-18

        “Go therefore and make disciples of all the nations, baptizing them in the name of the Father and the Son and the Holy Spirit,” Matthew 28:19
        Many more…
        You either believe what God has revelead of Himself in His Word, or you don’t

    • Steeve Girard

      America was not founded on Abrahamic values, it was found on Masonic values.

  • retired22

    Hey Micheal,..
    You said “Could you imagine losing $1Billion in one day”?
    I really wish that I could be in a position to personally have that happen to me!

    • F Walker2016

      You could be

      • retired22

        Where would I get a Billion dollars to lose?

  • J B

    But does it make any differnece at all to the guy growing Carrots or Plumbers, Cleaners, Burger Flippers.

    • df NJ

      Nice avatar icon. Certainly, modern Israel sure looks like a fascist state. I guess it proves the old adage you become what you hate. A lot people say Judaism is some form of Satanic cult based on its history. I’m not smart enough to come to that conclusion.

      • Bill G Wilminton NC

        No JUDAISM is not a Satanic Cult…..Judaism is The Old Testament…..and Yeshua ( Jesus ) was Jewish.

        Shalom

        • df NJ

          Google it. There seems to be a lot of supporting evidence based historical records. It’s just too much to read to come to a conclusion.

          • Jerry C

            You’re probably referring to the pharisees who are Jewish (by that I mean from the lineage of Abraham, Isaac & Jacob; the tribe of Judah is considered Jewish) by birth but faithless (do not believe). Jesus Christ called the vipers & snakes and children of the devil.

        • bunky doodle

          christians seem to forget that fact. the christ, jesus was jewish indeed. a radical jew at that …now called a christian. shalom indeed.

          • GSOB

            But altogether different from the position of the present Jerusalem is that of the upper Jerusalem, which is free; and this upper Jerusalem is our mother.

            “But the other covenant, which is allegorically represented in this history, is the covenant instituted by Christ, which brings forth to freedom: this is Sarah, who is of the same nature with the upper Jerusalem; for the latter is, as Sarah was, free with its children, and to this upper Jerusalem we Christians as children belong.”

        • SunShine

          Mr. Bill, today’s Judaism comes from the ashes of the Bar Kobach revolt, when Jerusalem was sacked by the Romans in 70 AD. It has little to no resemblance to biblical Judaism.

          • Bill G Wilminton NC

            Mr Sunshine thanks for your post…Biblical Jerusalem had the Temple and Sacrifice and today no sacrifice but the Torah is read daily in The Jewish Temples throughout the world.

            In the last 30 years there has been an increase in Messianic Judaism in the world or better said those of the Jewish Faith that have found their Messiah and His name is Yeshua ( Jesus )….about 100 thousand Messianics in the USA and amazingly 100 thousand Messianics in Israel. Website named (Imetmessiah dot com) Jewish people giving their stories of how they came to Yeshua( Jesus ).

            Shalom

          • Steeve Girard

            Worst than that, all Jews are genetically Khazarians.

      • Steeve Girard

        Judaism is not Satanic, it is Phallic.

    • Steeve Girard

      It does for the long chain of transportation, that supplies them.

  • Trivium

    NOT TRUE! “global investors lost two trillion dollars on the day following the Brexit vote.” This is a GROSS MISUNDERSTANDING or a blatant attempt at mis-informing the readership of this blog. First, thousands of people across the globe made thousands, hundreds of thousands and millions of dollars on Friday with the accumulative being in the billions. Try researching how much money was made on Friday (it was an ungodly amount). One could easily postulate that it was the single largest creation of money in the history of the stock market (possibly). Second, a vast amount of the “2 trillion” that was lost or evaporated into thin air, exited our reality, the way it came into existence. It was the digital money that central banks punched into creation on a keyboard, which the global financial apparatus used to inflate these markets (especially in the last 7 years).

    • df NJ

      It’s a fundamental lack of understanding of the nature of money. Money is meaningless. Money is a medium of exchange. Wealth comes from having structures in place for collecting money. For example, wealth comes from collecting rents on 100 housing units. So before and after the Brexit vote, the structures of wealth owned by the Billionaires are still in place. The billionaires lost nothing. Money is like water and washes to the nears drain. Who cares if they lost a billion dollars on paper. The structures of wealth in place that collated the billions in the first place are intact and fine. The billionaires lost nothing.

      Now everyone in society who doesn’t have a pension to retire on has lost real wealth.

      • bunky doodle

        pensions will go

      • Steeve Girard

        All true except for one point, Money is a transit of energy, and right now the energy associated with each unit of money is dwindling so fast, that one day it will look like the Weimar Republic all over again. So if we do not care about the true value of money, we will fail eventually due to the “black hole mass” it creates, and any outcome that money could have created will be crushed to broken promises.

    • Jerry C

      Yours is a GROSS MISUNDERSTANDING. The stock market is neutral; one loses while someone else wins. Of course, when they say the stock market “lost” money, it more than likely means that the common man had it stolen; just say’n.

      • sistersoldier

        Yep.

  • bunky doodle

    hillary doesnt understand taht a low pound means more exports for england as they are much more competitive and cheaper….and it means more tourism, as england is less expensive to visit for americans and other world visitors…..and taht includes visits to trumps golf courses in scotland. so hillary doesnt understand economics…..which isnt a surprise. she doesnt understaand much or she wouldnt be in such a pickle with her emails and breaking federal laws regularly. too bad there isnt one law for all. meaning as now one for elites and one for the masses. too bad. we can hope

    • RICH DAD

      PRINCE HARRY COULD ALWAYS WHORE HIS WIFE AND THE QUEEN OUT AT THE PALACE!

  • Bill

    Dow down 900 points in 2 days as of this hour—but Lew says no crisis yet. This is the top down brainwashing that was a factor in the Brexit and why it’s time to—#DEFEATtheELITE

    –how bad does it get before you believe it’s the only solution–

  • Lennie Pike

    Mexit!

  • rentslave

    Another Powerball Update:Jackpot is now down 11 per cent vs the previous amount of non-hit drawings.People’s spending income is falling faster.

  • Bill

    Michael, did you forget to clear my post?

  • chris

    Can i suggest that your American readers pay close attention to what is happening in the UK. There has just been a democratic vote to leave the EU however sections of the media (i include the BBC in this) and celebrities and others are trying to build momentum to ignore the decision or to get it overturned by running another referendum until the British people vote the ‘right’ way. They are also trying to do this by destabilising the opposition Labour Party in the hope that they can also build momentum for a General Election in which the brexit vote can perhaps be nullified or watered down. Let your American readers note what happens to democracy when you vote in slimy career politicians alongside a corrupt media.

  • Richard O. Mann

    War. That crossed my mind after the Brits decided to leave the EU. Could some sort of physical war break out between the ones who want to leave, and the ones who don’t want to leave, and all the rest in Europe? Then again, the EU is still waiting for their Messiah to show who will have all the answers to the problems they are facing. According to my sources, he will not show up until total chaos rules in Europe, and they are willing to listen to anyone who seems to have a handle on things.

    • RICH DAD

      SCOTLAND BREAKS AWAY FROM THE UK, AND WITH IRELAND, THEN ATTACKS BRITAIN.

      • Steeve Girard

        Na, they will just keep to their affairs, until England attacks them, then they will attack. That has always been the Celtic way.

  • Tick Tock

    Well with the “greatest one day global stock market loss in history” I would like to report to the people telling me that my pride will cause me to loose everything, I lost 0.00% on my 401K last week because none of it is invested in stocks.

    Well, maybe I will loose it all tomorrow because there is ALWAYSTOMORROW.

    Mike, when are you going to get tired of trying to block me? I have more IP addresses than you have blocks.

    • Mr. Cipher

      Lose. I didn’t LOSE anything. Your bragging would be more annoying, and your Trolling would be more affective if you knew how to spell at an elementary level.

      • Tick Tock

        Lose. Sorry. Thanks for the correction. I appreciate it.

        • Bill G Wilminton NC

          Hey Tick Tock,

          Lose…. like in “Loser” !

  • Rhino Horns

    And here is another interesting factoid, courtesy of Jeff Berwick of the Dollar Vigilante: Friday’s stock market crash was exactly 7 years, 7 months, 7 weeks, and 7 days from that other collapse of September 29th, 2008. The Lord is so sovereign and precise. The collapse is coming, and the main trigger event was earlier this month in Paris, France. On June 3rd, 20 nations met in the capital to scheme on how to divide The Promised Land of Israel. (By the way, Paris and also Texas experienced massive flooding that very same day). A similar conference (Annapolis) was held in November 2007, attended by over 60 nations to attempt the same scheme. Israel is the key to all these endgame events unfolding. May the Lord bless…….

  • VigilanteCaregiver

    Specifically crashing parts of a rigged market is how elites punish the angry townsfolk.

    No surprise. No shock.

  • DigitalThumb

    I live in the UK, the EU is coming apart at the seams. This show is only getting started.

  • Creepy Pedro

    We all know where this is headed. Just declare martial law, ban guns, collapse the currency, chip us, and usher in the NWO already. Waiting sucks 😉

  • Denise Perez

    We are seeing the formation of the NWO, the ten kings from which the “little horn” will rise as told to us by the book of Daniel in the Word of God. Learn people what it is you are seeing….

  • chilller

    LaGarde said to “Tamp down” the effect of the Brexit vote and today they did just that….

  • lilbear68

    George Soros and pals made a ton on this by shorting the markets and bet against the brits like he did in 92. looks like the smart money bets against the brits every time lol
    BTW not a fan of Soros just have to give credit where credit is due

  • autofixer

    Did you sheep panic and do what the elites wanted and sold during the elite media induced panic? Turn off the news and enjoy your lives. Never, never underestimate the power of the Central Banks to print money.

Finca Bayano

Panama Relocation Tours




 

ProphecyHour

Facebook Twitter More...