World Events and the Bible

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

Category: Economy (page 1 of 108)

Suddenly, Home Sale Agreements Are Falling Apart Across the U.S.

Spending months to find the perfect home in your price range, only to have your mortgage application rejected, or a home inspection turn up expensive repairs, is a nightmare—one that is coming true with increasing frequency, according to a new report from real estate listings website Trulia.

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Investors are bracing for a massive stock-market selloff

If options traders are correct, stocks are in for a wild ride in February.Demand for one-month call options tied to the CBOE Volatility Index, a popular gauge of stock-market volatility, has spiked in the past week. The increased demand suggests that some investors are bracing for selloff following the inauguration of President-elect Donald Trump.

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Sears is ‘one sick puppy,’ and there may be no remedy

Sears Holdings Corp. is using everything in its arsenal to stay afloat, but that still won’t be enough if the company can’t make its brand more relevant and generate sales, experts say.

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Eight billionaires ‘as rich as world’s poorest half’

WEB Notes: These numbers state the “richest individuals”. I see no global bankers on here, so I know this data has been skewed. The major banking families have not been included on this list.

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Cutting Cash Would Be a Boon for the World’s Poor

WEB Notes: Here is another article planting the idea of the world becoming cashless and conditioning us to think it will help someone. The poor no less. When the media and government have to bombard you with an idea, you better believe their is an agenda behind it. A cash ban means our “currency” will be digital and in government controlled banks. Satan will certainly use this to his advantage when Satan appears on earth claiming to be Christ. If you fail to worship him you will be locked out of the system and that is fine by us, we will have already prepared for that day by then and our Father is by our side.

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Wholesale Prices in U.S. Rise for Third Time in Four Months

Fed Pays Banks $12 Billion on “Excess Reserves,” Taken from Taxpayer Pockets

The Federal Reserve just went through its annual ritual of disclosing its preliminary results for the year: The income it earned less its operating expenses, according to central bank accounting, and how much of these earnings it is remitting, as it does every year, to the US Treasury Department. But this statement includes another nugget.

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Get Ready for China’s Hot New Export Product: Inflation

China’s producer prices – which measure what is sometimes called “inflation at the factory” – soared 5.5% in December, from a year ago. This was far hotter than economists had expected, though they’d expected a pretty good jump, with the Bloomberg consensus guess coming in at 4.6%.

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Boeing: Three More Waves of Layoffs in 2017, as Orders Collapse to 7-Year Low. Shares Near All-Time High

Hammered by slowing aircraft sales and a declining order book, Boeing warned on Tuesday in an internal memo that it would conduct involuntary and voluntary layoffs of engineers in Washington state, southern California, and South Carolina, according to The Seattle Times.

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Mexico central bank sells $1 billion to prop peso after Trump slump: traders

US Dollar: In God We Trust

US Dollar: In God We Trust – Flickr

WEB Notes: trump has not even walked into office yet and this is already being blamed on him and note the reason. Over his “protectionist policies”. This is the point we have been making for a while now. The nationalist idea will be one of the major reasons for the global collapse which will bring about a true new world order with Ten Kings ruling over it.

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The Closings Continue: Retail Shutdown As Sales Go Online “200 Stores, 10,000+ Layoffs”

WEB Notes: This is exactly what we said a year or two back. Sales are moving online which is causing huge story closures, not that the economy suddenly dried up completely. We will continue to see this trend. It will certainly cause rapid changes to local job markets as these things are consolidated. Nearly everything is being rapidly consolidated at this point in time.

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Record 95,102,000 Americans Not in Labor Force; Number Grew 18% Since Obama Took Office in 2009

WEB Notes: These are not third party numbers. These are the governments own numbers. Their own numbers contradict their own unemployment numbers. If you have a population of 329 million men, woman and children and 95 million working age people are not working then you have a serious problem and that problem is being covered up with the unemployment number claim of 4.7%. We can all do math right? Approximately 243 million Americans are considered working age (16 and up). So if 95 million of them are not working your unemployment number is roughly ~40%. It looks like someone forgot to move the decimal point.

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The Oil Supply Glut is Here to Stay in 2017

It has become painfully obvious that the much-hyped OPEC agreement to reduce global oil production by close to 2 million bpd won’t have the effect that its initiators had hoped for. True, crude has jumped above US$50 but failed to pass the US$55 barrier and move closer to US$60, which would have solved a lot of problems for some of the world’s biggest producers.

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Total global debt tops 325 pct of GDP as government debt jumps

WEB Notes: Imagine if your household debt was 325% higher than what you bring in… Let’s say you make $100 a month. Yet your debt stands at $325 a month, how exactly are you going to make it? You are going to borrow from the global financial bankers of course who are going to charge you interest on that loan to pay the debt you already have. So now you have compound debt and somehow everyone thinks this is okay. If you were in this situation you would not continue your “normal” life very long.

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Bitcoin tanks more than 20% in four hours this morning after two-week tear

WEB Notes: Some people think Bit-coin is some great alternative to the currency of governments. The fact remains bit-coin is backed by nothing. It only has value because someone says it does. I would not throw more than you are willing to lose at this.

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National Debt Increases by $1,054,647,941,626.91 in 2016

Data posted on the Treasury Department’s website indicates that the federal government’s total public debt outstanding increased by $1,054,647,941,626.91 during 2016.

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Annual US Auto Sales Fell for First Time since 2009 at GM, Ford, Fiat-Chrysler, Toyota, VW, BMW…

The media hoopla has been deafening. In December, “new vehicles sales” – defined as the number of new cars, trucks, and SUVs that dealers sold to their customers, including fleets – rose 3.1%. That was stronger than “expected.” And in the media reports, there was euphoria between the lines.

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How Bad Will the “Bond Massacre” Get?

Worse “than the 1994 ‘Bond Massacre,’” with “sustained double-digit losses on bonds, subpar growth in developed markets, and balance sheet risks for banking systems….”

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