World Events and the Bible

A site dedicated to World Events and Study of the Bible.

Category: Economy (page 1 of 169)

Renters Now Rule Half of U.S. Cities

WEB Notes: This is not the new American Dream, it is the new American reality as jobs continue to dry up and more illegal immigrants and legal immigrants alike move into the United States.

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Americans Are Dying With an Average of $62K of Debt

WEB Notes: How sad is that? In debt all of your days working until the very end. It used to be that folks worked for 30-40 years and then hung up their hats with a nice nest egg to use to go places and see things and pass a little on to their families. Today? Not so much. Instead we have to spend, spend, spend. We need that new shiny car or truck, maybe a new RV even though our old one works fine. In today’s age a high tech phone costs $800 bucks when we used to get them for “free”. Going into debt and paying interest is a horrible thing. About the only debt I can possibly justify is home debt and even then it should be paid off as fast as possible. At least with a home over time it will increase in value. But as we see from this article home owners were dying with 50k plus in home debt. Too many people over the years have used their homes as an ATM card to go buy a bunch of junk with their equity. That is not what it is for. Stop enslaving yourselves and learn to live with less and be free.

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No Other Choice: Greek Employees Agree to Get Paid With Coupons

WEB Notes: No, the Greece crisis never went away, the mainstream media just has us all focused on terrorism and trump sideshow antics and wire tapping stories. Getting paid in coupons, this sounds like the days of the ol coal miners. Something else I want to point out. The alternative media was running headlines a year or two back about some “pastors prophecy” that when the Greece crisis happened the end was about to transpire. Well here we are a few years down the road now and hey, we are still in the flesh. I saw another article headline the other day blabbering on about the same sort of thing. I have to ask. Is it that difficult to open your Father’s Letter and read it to see what He said? I guarantee you His Word’s never fail, unlike men’s.

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Payless To File Bankruptcy As They Plan to Close 500-1000 Stores

WEB Notes: The Federal Reserve told us a week ago the markets have improved so much they are going to continue to raise interest rates. Of course it is these no to low rates that keep the economy going to begin with. Without those, interest on loans will increase for many people and businesses. So within that week we have Sears telling us they have doubt about the economic viability of their operations and Payless is going to file for bankruptcy closing anywhere from 500 to 1000 stores. So much for the “health” of the economy.

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Sears Warns of ‘Substantial Doubt’ About Company’s Future

Sears Holdings Corp. acknowledged “substantial doubt” about its ability to keep operating, raising fresh concerns about a company that has lost more than $10 billion in recent years.

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Dow slides nearly 240 as fear returns to market

WEB Notes: Now why on earth would fear return to the markets and what brought about this fear? The mainstream media of course. If they tell you the market is going south you will believe it and many will be manipulated into selling which will further drive down the markets. Regardless, the markets are artificially propped up, when the globalists want it to collapse, it will collapse.

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Foreign Banks Retreat from Lending to U.S.

Lending in the U.S. by foreign banks has started to contract.Total loans and leases by foreign-related banks fell at an annual pace of about 0.75% in the first week of March, according to the most recent data from the Federal Reserve. It was the third week in a row in which loans contracted — and the first contraction since 2013.  
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Deutsche Bank Plunges Into Red For 2017 After Dilution, Revenue Warning

After raising capital at a 35% discount over the weekend, Deutsche Bank shares are tumbling once again – back into the red for 2017 – after CEO John Cryan warned that revenue would be “broadly flat” in 2017. As Bloomberg reports,
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Fed raises interest rates by a quarter-point, sees two more hikes this year

WEB Notes: Sure why not. They said the economy is fine so it must be okay. The DOW is at 20k after all. Never mind the fact the government owes nearly 20 trillion dollars. How many zeros is that? $20,000,000,000,000 and that is only the unfunded liabilities! Never mind the fact that over 95 million Americans are not working.

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G-20 Nations Renew Commitment to Global Bank-Capital Overhaul

WEB Notes: You can bet there were no wins for the people at this meeting. They have been trying to pass the Basel III accords for years now. Here is an article from 2013 about it. Do you know who the Basel Committee is? It is the Bank of International Settlements. The central bank of all global central banks. They set monetary policy for the entire world and they are the least known bank. It is also interesting to note their location is “Basel” Switzerland and their building takes on the appearance of what many believe the Tower of Babel would have looked like.

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Moscow and Beijing join forces to bypass US dollar in world money market

WEB Notes: They have been working on this for years. This is what the BRICS was all about, this is just another level of it. Notice the “Central Bank of Russia,” this would be a globalist bank, just as China’s. They are not doing anything the children of Satan do not want them to do.

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Israel only country to escape proposed State Department budget cuts

WEB Notes: Of course they would not touch Israel, they just gave those guys a big shot of governmental welfare. This news is really not news as the articles goes on to say Congress is unlikely to approve it, so more side shows here.

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