The Greatest depression is coming, are you ready?

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ZNP

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17 Whoever is kind to the poor lends to the Lord, and he will reward them for what they have done.

Do you want some investment advice? Be kind to the poor.
 

ZNP

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According to Janet Yellen taking interest that you earn on a bond or savings account is not theft.


I suspect every single country that is part of BRICS is taking this to heart and will flee the US treasuries.
 

ResidentAlien

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It's been two years since this thread was started. How much do we have to wait for the "greatest depression" to hit?
 

ZNP

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It's been two years since this thread was started. How much do we have to wait for the "greatest depression" to hit?
I have shared a number of links that show the greatest depression has already hit China, and is just starting to cause a collapse in Russia. The reason so many countries have fled from the dollar to BRICS is because of the inflation they have because of our policies.

Yesterday Yellen said it wasn't theft for them to take the interest that Russia earns on their US bonds and to give that to Ukraine because of some double speak nonsense I didn't understand and would not be able to repeat. I would argue that the Petrodollar is gone since Saudi Arabia has agreed to sell oil in the PetroYuan. This action by Yellen yesterday is going to accelerate the demise of the US dollar as a reserve currency. No one is going to be buying US bonds if the US gets to decide who to give the interest to.

As for the US we are primed, the stage is set. Purchasing power has decreased by 28% since Biden became president (I am using gold as a standard of value). That took place prior to the end of the Petrodollar. With AI we are told that robots will take 100 million jobs which I assume was only referring to the first world. That is over 20% of the jobs. We are also told that ChatGPT5 is AGI and thus will be able to do 80% of white collar jobs. This is an election year and they have done everything they possibly can to delay the inevitable so as not to obliterate any chance that Biden has, but already the odds makers are saying the odds are between 2:1 and 4:1 that Trump wins. I think this attempt to delay the inevitable is only going to make the collapse all the more catastrophic. I also believe it will take place prior to the election in November.

Personally it is always much harder to say "when" than "what" or "why". How is a better question, more challenging than what but not as difficult as when. I think we will have a black swan event, and I use that term loosely. I would prefer the use of the term "fig leaf event". Some event where they can claim "no one could have predicted this" giving people like Yellen and Biden and Trump a fig leaf. The reality is that the world's economy is a giant jenga tower that is primed for the Lord to pull out that one block causing the whole thing to collapse.

I also believe the collapse of the world's economy is what causes everyone to run into the arms of the Antichrist and agree to draconian rules of the mark of the beast. It is the "greatest" depression that sets the stage for him to take power. He comes to power when three horns are broken off and I believe those three are: the US, Russia and China. Compared to those three horns he will be seen as "the little horn".

The only two "prophecies" that I can look at concerning "when" would be Dumitru Duduman, if you view him as a Jonah like prophet who gave the US a 40 year warning before destruction that would take you to July of 2024, 40 years after he was "spit up" onto the US shore. The other prophecy is the Alpha and Omega eclipses. The first one in August of 2017 went over seven cities named Salem. If you interpret that as seven years of peace then that would expire in August of 2024.
 

ZNP

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China Ditch US Bonds: How it impact the Global Economy?

 

ZNP

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China Ditch US Bonds: How it impact the Global Economy?

pattern is prophecy. The crucifixion of Jesus, one third of the triune God is one bookend to this age and the 3 1/2 year Great tribulation is the other bookend that concludes with one third of those on earth dying. Jesus' ministry was 3 1/2 years and then His crucifixion. The age ends with the two witnesses dying and then 3 1/2 years of the wrath of God being poured out followed by Armageddon.

That would be the mirror image of the "baptism" of Jesus and death of John at the start of the ministry, and pouring out the wrath as the photographic negative of the preaching of the gospel of grace. Right before the crucifixion you have Jesus flipping the tables of the money changers. I suspect that is what prompts the war of Armageddon.

Then prior to this there is a 3 1/2 year ministry called "the tribulation", or the first half of the 70th week or the ministry of the two olive trees. It is similar to the book of Acts with the ministry of Peter and Paul. This book begins with the ascension of Jesus, the mirror image of that would be the rapture. Those left behind spend 50 days in the upper room praying and then begin their tribulation ministry with the feast of New Wine and the Spirit being poured out on the Earth. This is when persecution is unleashed on the church with people being imprisoned for speaking in the name of Jesus and being beheaded. It also begins with Peter saying "silver and gold have I none" and beggars in the street and the entire church having to share what they have in common. It also begins with the believers having to deal with the aftermath of the apostasy of Judas.
 

ZNP

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It's been two years since this thread was started. How much do we have to wait for the "greatest depression" to hit?
Shane Warren said it begins when they start selling oil in another currency.

That was June 9, 2024.
 

ZNP

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Heaven’s Wrath, Public Fury: Floods Ravage China, Government Stops Aid Right After CCTV Films


Eye opening about what it will be like under the PetroYuan. They send the CCTV to film the government helping out after the flood, after getting the shots they all leave including the government rescue workers.
 

ZNP

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US Economy on Brink of Collapse: Japan Sell US Treasury


Is Japan going to switch to the PetroYuan? If so the US as a superpower will be gone and their position in Asia will be gone. Japan's navy, though smaller than China or the US is very modern, very well built and very well trained. The idea was they could completely protect the area between Japan and Taiwan.
 

ZNP

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Malaysia Just Changed the Future of Asia with THIS One Move!

 

ZNP

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Malaysia Just Changed the Future of Asia with THIS One Move!

They explain how critical South Africa, Malaysia and Pakistan are to China. Three countries joining BRICS. It isn't just an economic alliance, it is strategic.
 

ZNP

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ZNP

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Food Shortage, Dollar Shortage & Face Shortage 06/26/2024


161 food recalls this year when on average it has been 15-16 recalls a year
 

ZNP

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Wow!


An Insurance trainwreck is coming. It has or will happen to you. More to come.
 

ZNP

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They made errors on 4400 homes. They tell the news that they made this mistake too late to keep them from being mailed out, but when he went to them he kept getting the run around.

If you can find me 4400 homes where they also made a mistake in charging them way too little for their tax then I'll buy the idea that this was an "honest" mistake.

Consider the facts "Nothing around here costs a million dollars" that is a big one, you can't claim they got the address wrong.

Also, he bought the house a few years earlier for a little more than 100k. How is that not relevant to the value of the house?

What makes more sense to me is they picked a neighborhood where the people would be too poor to get lawyers. If you don't pay your tax bill then they put a lien on your house and can repo it.
 

ZNP

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I want to look at this property tax a little deeper because we see this same thing playing out in China where it isn't a mistake, it is simply the government stealing from the people because they are broke.

There are three key factors in the assessed value of a home.

1. Neighborhood -- Nothing around here costs $1 million

2. Price paid for it -- A few years ago he paid $100k for the house.

3. Square footage -- 995 square feet, no basement, no 2nd floor.

My question is how did they make a mistake? What formula would make a mistake on only 4400 houses?

The only explanation I can get is the formula misplaces the decimal point, so instead of calculating the house at 100k it made it $1 million. But if that is the case wouldn't it have done that with every assessment? 4400 houses probably represents 10,000 people whereas the population of Chicago is 2.5 million. Also if they realized they had made a mistake as these were mailed out how come they didn't mail out a letter a day or two later apologizing for the mistake and have a notice at the tax assessors office to answer people who call up to question the bill? Why were they giving this guy the run around?

I think everyone needs to brace themselves, we are about to see the IRS squeeze blood from a stone. If AI makes 100 million unemployed as Elon Musk has predicted then the US government will lose tax from 100 million workers and instead will be paying out unemployment checks. In other words they are going to be flat broke. The only thing keeping Social Security solvent is those 100 million paying into it, so when they stop doing that SS will also go belly up. Also the only ones buying US bonds now are the nit wits who put their money into savings accounts at the bank, if they lose their jobs that will stop and the US government will go belly up.

And it is worse, the banks have recently changed their rules, the money in the bank is no longer considered your money, it is considered a loan to the bank. In essence they say you have invested in the bank like a stock holder and if they go belly up you will get paid like a stock holder (first are those who have a special loan that gets paid first, then all the schmucks can divy up any thing that is left which will be nothing).

If the US dollar becomes worthless then so do the loans and yet the house still holds value. So in order to make sure the elite are not stuck with worthless dollars but rather valuable property you can expect the tax to accurately reflect the value of the house. If the US dollar drops by 90% a 100k house would cost 1 million.

They said they made a mistake, suppose the mistake was tipping their hand and showing you what is about to happen. In other words they already have a new algorithm for when the dollar drops by 90% and they mistakenly used the new algorithm on 4400 houses before they were supposed to.

Now suppose the mistake was made by someone who wanted people to know what is going on.
 

ZNP

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Collection of news articles

10 Signs of War & 11 Signs of Economy 07/08/2024

 

ZNP

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Terrible Coming to Churches 07/09/2024


Why do they want to control how much meat you can buy and how much gasoline you can buy? They know that when they institute the mark of the beast many will try to not get the mark and instead barter with others. But how could you do that. If I gave you something to buy me some meat you wouldn't be able to buy any for your family, likewise with gasoline and other items. This is to eliminate those who barter.