We explore real-life reformation here in this informed, online community.
Pastor Kevin Swanson makes two good points.
1. American stocks are overvalued.
2. There will be a big correction in 2024.
"Are American stocks overvalued?
The NASDAQ stock index has hit an all-time high, closing Friday at 16,826. That’s up from 1,204 in 2009, a 14-fold increase.
The Dow Jones Industrial Average closed for the year 2023 at 37,690, up from 7,060 in 2009. That’s a 5-fold increase. Meanwhile, almost every other stock market in the world hasn’t come close to these valuations.
WolfStreet.com reports that the Chinese Shanghai composite is still where it was in 2009. Japan’s Nikkei is leveled off where the index stood in 1989. The UK FTSE Index is up about 50% since 2009. Spain’s IBEX index is still where it was sitting in 2009. Canada’s Index is up about 40% from 2008.
Economist predicts 2024 “biggest single crash year in our lifetimes”
Is the American industry really doing 20 to 100 times better than England, China, and Japan?
U.S. economist Harry Dent told Fox Business: “Since 2009, this has been a 100% artificial [economy], with unprecedented money printing and deficits; $27 trillion over 15 years, to be exact. … We’re in a dangerous state. 2024 is going to be the biggest single crash year we’ll see in our lifetimes.”
The economist forecasts an 86% crash in the S&P, a 92% crash in the NASDAQ, 96% for crypto, and significant deflation on housing prices.
But Jesus said, “Take heed and beware of covetousness, for one’s life does not consist in the abundance of the things he possesses.” (Luke 12:15) Our Savior also said, “Lay up for yourselves treasures in Heaven, where neither moth nor rust destroys and where thieves do not break in and steal. For where your treasure is, there your heart will be also.” (Matthew 6:19-21)"
In about ten hours the polls in Hungary open. Then, over the next 13 hours Hungarians will decide if they want a culture of life or a culture of death and slavery. Those stakes affect not just one nation, and not just one continent but the entire Western world.
If elected again, the current government of Viktor Orban will continue boldly down the path which will honor Christian Hungary’s thousand-year legacy of fighting for freedom. Orban will continue unashamedly to champion the case for a painstaking return to a European Christendom. He is setting the example of how that can be done, even in a land oppressed by decades by communism.
The alternative candidate is a feckless puppet of the popular globalist agenda, which will then sweep over Hungary like a storm, destroying Hungary’s progress, sovereignty, economy, freedom of speech and courageous governmental reforms. But most threatening of all is the plan to invalidate and annihilate all of Orban’s efforts to remind Hungary of ...
Fruitlessness. A new CDC report confirms America is now reproducing at the lowest rate in recorded history.
Since 2021, 80% of Americans were injected with a sterilization agent masquerading as a “vaccine.”
“We now have clear evidence that the COVID-19 mRNA shots have crippled the reproductive capacity of humanity.”
Nicolas Hulscher, MPH
“I pray Heaven to bestow the best of Blessings on this House and all that shall hereafter inhabit it. May none but honest and wise Men ever rule under this roof.”
John Adams (The first president to move into the White House)
Exodus 18:21
Furthermore, you shall select out of all the people able men who fear God, men of truth, those who hate dishonest gain; and you shall place these over them as leaders of thousands, of hundreds, of fifties and of tens.
